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;

MONDAY

V

\"

' • -

•

i

/

lYflf. U. 8. Pat. omce

Volume

Number 4111

156

New York, N. Y.,

)

Monday, September 28, 1942

Price 60 Cents

Copy

a

BOND PROPOSALS AND NEGOTIATIONS
.

'■■■

v

No. 4, General--—
Dec. 2, 1936
No. 4, Special—...
Mar. 4, 1938
No. 5, General...... Apr, 23, 1937

In This Issue

No. 5, Special.—...Nov,

2, 1942, under

on

Jan.

DIVIDEND NOTICE

No; 1099.

case

4

AMERICAN

end

West

COMPANY

Streets,

Brooklyn, New York

Connecticut

Bulk

The

(State of)

General

of

Fund

Board

of

Directors

of

American

the

Manufacturing Company has declared the regu¬
lar quarterly dividend of $1.25 per share on the
Preferred Stock and a dividend of 50c per share
on
the Common Stock of the Company.
Both
payable October
1,
1942
to
Stockholders
of
record September 18,
1942.

Surplus

25, 1936
7, Special.——Jan. 9, 1941 to Be Used for Debt Retirement—
The State's general fund had an
No. 8, Special.
.Nov. 17, 1939 accumulated surplus for the 1941No, 9,.General......Nov. 27, 1934 1942 fiscal year of $13,758,514, of

City News

MANUFACTURING

Noble

CONNECTICUT

8, 1940

No. 6, General.—Feb. 23, 1938
No. 6, Special——.Apr.
19, 1939
No. 7, General.—.Sept.

Corporation News
State and

by Judge of District Court

No.

Nq. .8, General::—Dec. 12, 1939

ROBERT

r

B.

Treasurer.

BROWN,

_____

QUOTATIONS
New

York
York

New

Stock
Curb

;

No.

10, Special____.__May 7,
11,' Special.:
Mar, 1,
No. 12, General...Apr. 21,
No. 12, SpecialJan.
21,

1940

payment,

Exchange

1936

Comptroller said.'

Securities

Miscellaneous

and

(See Index Below)

Mobile

County (P. O. Mobile), Ala.

*

Bond

Refunding: Pending—It is

; reported

.held

that

joint contract is

a

by the First National Bank,

and the Merchants National

Bank,

both of Mobile, for the refunding

w#'of $100,000 5% high school bonds,

excepting

Prior

the

on

"I

Ordinary County Rev-*
which

warrants

enue
no

ALABAMA

least

$16,000,000 will

sum

be

of at

applied

shortly to a further reduc¬
tion of the bonded debt, and that,

very

therefore, the present State in¬
1937 cently submitted to Governor Rob¬
ert A. Hurley. Of this surplus, the debtedness amounts to the sum of
1942
not more than approximately
$9,_No. 13, General——Oct. 11, 1940 largest ever recorded in the finan¬
No. 13, Special....._Mar. 6, 1942 cial history of the State, approxi¬ 000,000 as a result of an approxi¬
mately $14,000,000 reduction in the
No. 22, Special
-Dec. 7, 1937 mately $10,000,000 will be applied
debt within the past two years,"
a
further
reduction
Interest will cease according to to
of
the
"Thus the original State indebt¬
law on warrants hereby called for State's
direct bonded debt, the

Out-of-Town Listed Markets
Unlisted

1941

No.

Exchange

plus of $13,758,514 the

which

$9,929,994 was accrued dur¬
ing that period, according to the
annual report of State ComptroL
ler John M. Dowe, which was re¬

No. 9, Special—....All registered
No. 10, General.
Sept. 30, 1938

interest,

as

per

will

draw

can

now

edness"

curred

mate," Comptroller Dowe report-

decree signed ed,

"that from the present

Comptroller Dowe said,
$25,000,000 which, when in¬

"of

conservatively esti¬

to

was

less
be

period,

sur-

than

three

retired

will

years

over

a

retired

be

or

offset

plan urging nationwide rationing
of gasoline.
j
"I

don't

highway

the

how

know

rationing

posed

pro¬

affect

will

Interest Exempt

our

from Present Federal Income Taxes

Exempt from Commonwealth of Massachusetts Taxes

revenue,"

Gov. Adkins
said, "but we are fortunate to
have a 'cushion fund' set up in
the treasury to meet debt service
during such emergencies."
-i

1,286,000

'dated April 1, 1923, maturing on
payetteville, Ark.
v. April
1, 1943, and $323,000 5%
j
Bond Sale—The $100,000
funding bonds, dated April 1, 1923,
airporf
and maturing on April 1, 1943.
J improvement bonds offered for

4,

^

Boston

Metropolitan! District

-

*>'

Redemption

".that funds

it

—

also noted

is

available at either

are

sale

Sept. 22—v. 156, p. 905—r
awarded to a syndicate com¬

on

were

y"'v'v;,v;:;'J:1 MASSACHUSETTS1

of these posed of Hill, Crawford & Lanybonds on or after Oct. 1, at par ford, Inc., Cherry, Villareal & Co.,
and interest to maturity.
Inc., the Southern Securities Co.,
and Mallory Williaims & Co., all
ARIZONA
| of Little Rock, paying a price of
105.86, according to the City Clerk;
Phoenix, Ariz.
Dated Sept. 1, 1942.
Due on Sept.
Correction—City Clerk John H. 1 in 1945 to
1962; callable on and
Udall states that the report an after
Sept. 1,1952.
'
J
election was scheduled for Sept.
Provident Irrigation Dist, (P. Q.[
29 to have the voters pass on the
issuance of $25,000
Colusa), Calif.
airport im-r
the

for

ibank

payment

:y'Bonds
;, ;

.-v

yy::;y.,.

Due serially October 15, 1943 to 1967, inclusive

Legal Investment, in our opinion, for Savings Banks in New York and Massachusetts

'

y

y;;:

7 .]

'

■

.'

[.

.

'

'

.

.•■,*

These Bonds, to be issued to provide

^

.'

"

* *■

:

*

•

■'

1

funds for the purchase by the District of $8,286,-

000 bonds .of the Boston Elevated

'

Railway Company, in the opinion of counsel

,

will constitute

-

provement bonds—v. 156, p. 1001

;
*

j

—was erroneous.

Debt

Composition

firmed—The

Plan

Conr

*

■

i

Arkansas

Governor

?

Bond

:

1

Urges

Road

Large

Fund"—The

"Cushion

"Democrat"

Rock

-tie

Litr

of Sept.

11

carried the following report:
An addition of $1,400,000 to the

i

present highway "cushion fund"
$5,400,000 will be asked of the
'1943 Legislature, Gov. Adkins said
►of

late

his

at

.

ference

t

afternoon

yesterday.

press

con-

of 20 cents

rate

said to have

the

on

District, of which neither the rate

Sacramento.

Bondholders

are

"further

-

Massachusetts.

he

said

-

made

had

his

decision

shortly after President Roosevelt

*

*

approved

the

Bernard

Baruch

...

•

...

Costilla County
•

,

t

New

,

,

-

.

Other

York

Curb

Exchange

Exchanges.

Stock

...1133

'..1139

Unlisted Securities ....-..1144

to

be

dit

tofore issued under Chapter 567 of the Massachusetts Acts of 1941.

Prices
These bonds are

:

t

,

i

-

offered when,

and maturities

rate
;

:

:

as

yield 0.50%

to

and if issued and received by

to 1.70%
us

and subject to the

the Massachusetts Department of Public

by

approval of interest

Utilities and to

the approval

of legality by Messrs, Ropes, Gray, Best, Coolidge & Rugg, Boston,• Mass,,
whose opinion will be furnished upon deliver.

„

.

(P. O. San Luis),

Colo,

i...,v
X. j
Called —The follow¬

■

.,

Warrants

-

r

ing ordinary county
School

-

Page

Exchange.. ~.. .1117

are

allied to the payment of principal and interest of these bonds and bonds here¬

.•

District
for

revenue

warrants

payment

were

pn;-Aug... 25

payable at the office
County Treasurer:
;

j

AIL warrants

the

registered -before
following dates; y
fy
j

1936 and Prior

,

BLAIR &CO.
INC.

COFFIN &, BURR

PHELPS, FENN & CO.

,

BACON, STEVENSON &. CO.

KEAN, TAYLOR &. CO.

INCORPORATED

HORNBLOWER & WEEKS

4

GEO. B. GIBBONS & CO.
INCORPORATED'

-

'

B. J. VAN INGEN & CO. INC.

DICK A MERLE-SMITH

OTIS A CO.

TUCKER, ANTHONY & CO.
ARTHUR PERRY & CO.
p .
.. .
' " If ' ' "
INCORPORATED

(INCORPORATED)

"

-

,

County;

"V

Ordinary Revenue_Oct.
1941 Ordinary County
'■

LEHMAN BROTHERS

HALSEY, STUART &. CO. Inc.

and

are now

of the
•

New .York-Stock

Railway Company purchased by the District

the bonds

"

Bank, Sacramento, within 30
days from Sept. 2, and thereafter

and

Quotations:

upon

bonds for

to the clerk of the above court.'

called

INDEX

from interest

payment to the Merchants Nationt

COLORADO

our

for the pay*

behalf of the

amount is limited by law, are to be

All amounts received by the District

of the Boston Elevated

by

al

•

outstanding
The Governor

protect
highway bonds."

*

on

of

*

•

He said this would be asked to

;

pledged; and taxes

an

the United States District Court at
rected to present their

nor

are

on

dollar,,

been, confirmed

full faith and credit

vy ad valorem basis and levied through the Treasurer of Hhe Commonwealth

providing for the pay!
ment of outstanding bonds at the

district,

(State of)

valid, direct and general obligations of the District

ment of which its

plan of composition

for the indebtedness of the above

ARKANSAS

"

;

5,. 1936

SCHOELLKOPF, HUTTON A POME ROY, INC....

EDWARD LOWBER STOKES & CO.

ALFRED O'QARA A CO,

*

Chicago

'

'

NEWBURGER, LOEB & CO.

^

•

«

.

.

•

H. C. WA.INWRIGHT &, CO.
>■

.

"

.

'

1

•

'

Department:
\ ...Bond Proposals and Negotiations. 1105
State and Oity

.

'

Gen.

Corporation and Invest. News, 1145

'.Dividends Declared and Payable..1110
Redemption Calls and Sinking Fund
t

f

Auction Sales
The

'■

..1110

Notices

.1115

■«..

Course of Bank

Clearings......1116

*

Foreign Exchange

Rates....




...1115

ago

20-year

Revenue ——.'—Oct, 13, 1941

1942; Ordinary County

WILLIAMR COMPTON &.COi

r

Revenue i—2——All registered

INCORPORATED
"

s

r

'■

•

No. 2, General-J
No. 2, Special.^.;

__Oct. 1, 1938

Feb. 7, 1941

%

"•

!
•*

-

Chicago

►

-•

Chicago
4

•

-

Dated October 15, 1942.

Principal and semi-annual Interest, April 15 and October 15, payable in New York
and Boston.4 Coupon bonds in denominations of $1,000, registerable as to principal only.
The information
contained herein has been carefully compiled from sources considered reliable, and while not guaranteed

-

No. 1, General—.--.-—Mar. 7, 1939
No, "1, Special.——Jan. 27, 1941

r.

DANIELF,RICE and COMPANY

"

.

Sch. Dists.

MULLANEY, ROSS&.COMPANY

•'

'

September 24, 1942.

as

to

completeness

or

accuracy,

we

believe it to be correct•>

as

of this date,
«

4

within

period of three years or
present date if the

a

less from the

main¬

present rate of reduction is

only

the direct State
1, 1941, the total

to

Jan.

On

debt.

statement

Dowe's

Comptroller
refers

direct and indirect, had
$47,018,000, the largest in
history, and included some of

State debt,
reached
its

$10,400,000 in indirect debt in¬
curred during the Baldwin admin¬
istration.

During the two years, from Jan.

to Jan. 1, 1943, the in¬
cumbent
administration has or
will have retired between $14,1941,

1,

city proposed to issue re¬

The

1972, and will bear interest,-sub¬
ject to the reversionary provisions
as
set forth in the bonds, at the

com¬

floated to finance the institutional

expansion program and retire the

will be callable

at par upon

ity is used, certain provisions are
to be followed.
The approving

of

opinion

Trimble &
N.

obligation

upaid residue of bond

issues floated to finance the Mer-

, Caldwell,
Marshall,
Mitchell of New York,

Y., will be furnished.
Haven, Fla.

stated

Bond Call Revoked—It is

O. R. Way, City Auditor and

by

Clerk, that the call for payment
the Middletown, the of the
general refunding of 1933,
and the New London Series A and
B, on Oct. 1, has been
bridges, and a small issue to fi¬ revoked.

ritt Parkway,

Hartford,
nance

at

of dormi¬

construction

the

tories

the

Honolulu

the Governor by the Comptroller

the

that

Hawaii

totaled

$38,642,165

as

com¬

Sale—The

Bond

receipts for the fiscal year 19411942

(City and County),

cash

general fund

coupon

$500,000 2&%

semi-ann. refunding (1942
bonds offered for sale on

pared with $31,897,900 for the pre¬ Issue)
vious fiscal year. The Comptrol¬ Sept. 22

—

156, p. 649

v.

were

—

awarded to the Bishop National
report discloses that the cash
Bank of Honolulu, for a premium
of all highway funds at
of $12,600, equal to 102.52, a basis
the close of the last fiscal year
of about 1.96%.
Dated April 15,
was
only $3,888,805 as compared
1942.
Due $50,000 on April 15 in
with $10,295,654, a drop of $6,-

ler's

balance

1943 to 1952 incl.

406,849.
This decrease was due
Three bids
primarily to the fact that the de¬
the
issue
in
partment expenditures during the
past fiscal year exceeded its re¬
ceipts by $3,248,868 and that re¬

Bonds

cost

Authorized

&

Stearns

were

submitted

New

Co.

the

offered

for

Bear,

York.

city

Childs

101.159 for the bonds; C. F.

—

The

cover

commitments

the

and

Certificates Called

ported

Town

$18,392,398
953,535.

as

FLORIDA
East Shore Drain. Dist.

■

Validation

at

Pending—The

Circuit Gourt has signed an order
for a hearing on Oct. 19, on .the

organization of the' abovb district
and

validation

to

Due

1942.

and

1948

in

Nov.

on

1,

$1,000

1;

in

1946, $2,000 in 1947, $3,000

1943 to

iri

$4,000

1949, and

1950.

of

$350,000 drain¬
age bonds approved by the voters
last May.

Lawrence County
-

;

$15,000 on Dec. 1 in

mature

1946.

KANSAS

i

(P. O. Lawrence-

Bond Election—An issue of

$37,-

judgment funding bonds will
be considered by th evoters at the

500

November

general election.

Sale

Bond

er,

sale

issued

if

Mo.

The

—

$224,259.12

awarded

to

First

the

tional Bank of Chicago,

expected

Board

the

at

a

Jr.,

ments

made

was

taking

now

matter

in

municipal

bulletin,

i.

as

steps

official

an

officials

are

clarify

the
*• »

to

to details.

The

eight projects on which
new
payments will be made are
the Armistead Gardens, and Fair¬
field, Brooklyn, Westport, Perkins
and Gilmor Homes and O'Donnell

Heights and Somerset Court. The
latter two developments are not
completed.
,,

about
' j'"*
by

tin, "The FPHA will make
ments in lieu of taxes

erally-owned

any

taxes which would

be paid upon
project if it were not exempt
from taxation, with an appropri¬
ate allowance for expenditures by
such

the

Commis¬

agency

are

office

in Baton

at the State's
in New Orleans.
or

the

with

Associated
firm

named

in

Na-(

above

basis of about 1.03%.
Dated Sept. 1, 1942. Due on Sept.

Co.

1943

in

to

1952

of

'

Cox,

There

serve

are

two classes of Federal

housing projects involved. In one
are Federally-owned war housing
projects.
The / other
comprises
FPHA-aided

projects

and

the

Baltimore Housing Authority will
be authorized to make the pay¬
ments

on

these

bulletin stated.

developments, the
,

;

*

Maryland (State of)
Governor Recommends 25% In¬
Tax Reduction—Governor

come

O'Conor

will

has

that

announced

he

ask'fpr\ar20 to 25% reduc¬

tion in the State income tax in a

plan he will submit to the General

Assembly when it meets in Jan¬

Moreover,
he
said
the
"healthy condition" of the State's

(State of)

Bridges — Governor
his executive council

Insures
Sewall

services to

other public
such projects."
or

uary.

MAINE

incl.

Hodgenville, Ky.

for

Government

utilities

streets,

fiscal

the

Trust

Federal

.

J.

payment on

Treasurer's

war

its

amount

being
March 2,
1943.
Dated March 2, 1903.
Due
on
March
2,
1953, redeemable
March 2, 1943.
Payable at the
$250,000,

for

called

pay¬

all Fed¬

on

housing proj¬
jurisdiction.
The
paid for any one year on
project will approximate the
under

ects

sioners, that 5% semi-ann. Series
C bonds numbered 251 to 500, ag¬
gregating

.

According to the Federal bulle¬

Secretary

of Levee

Rapides Bank /&
price Alexandria.

KENTUCKY

S.

stated

is

Henderson,

Harry
of

Maine

Offering—Elmer

of

Since the notice of the Govern¬

of 101.11, a

.

—Creditors of this city are being

Act

recent

a

ment's intention to make the pay¬

original pur¬
Series 497 bonds offered for chase of the bonds were Scharff &
on Sept. 21—v. 156, p. 1002^
Jones of New Orleans, and the

Brazil, Ind.
Bond

with

Congress. Information on the sub¬
ject was submitted to the city by
Herbert Emmerich, Commission¬
er of the Federal Public Housing/
Authority.

and

received,

1.

INDIANA

Debt Composition Plan Pending

and

Delivery

Oct.

Rouge,

semi-ann. paving and sew¬

were

1

Wauchula, Fla.

accordance

subject to approval of legality by
Charles & Trauernich of St. Louis,

State

Wichita, Kan.

l]/4%

ville), III.

;

and

Bond- Call—It

the

:

par.

of Levee

■

<

payments, amounting to the
will be made in

full city tax rate,

>

July

Dated

1.18%.

about

of

$13,000

sold

-

—

Midland Securities Co. of Chicago

(P. O.

Clewiston), Fla.
Bond

was

Favrot,

The

.

1943 to

bonds

F.

Board

the

taxes.

,

Cairo, III.

funding

of

*

shelter rentals in lieu of

as

sums

re¬

It is

Commissioners, is calling for pay¬
ment a total of $150,000 4% re¬
of $7,500 sewer bonds.
funding certificates of indebted¬
ness of the above district, issue of
Marshalltown, Iowa
July 1, 1936.
Certificates should
Bond Sale Details — The City
Clerk states-that the $4,500 street be presented at the office of the
improvement bonds sold to Paine, Board, 200 Civil Courts Building,
Webber, Jackson & Curtis of Chi¬ New Orleans, for payment as to
cago, as D/is, at 100.33—V.
156, principal and interest.
p.
1002—are dated Oct. 1, 1942, Red
River, Atchafalaya and Bayou
and mature on Nov. 1; $1,500 in
Boeuf Levee District (P. O.
1945, $1,000 in 1946, and $2,000 in
Alexandria), La.
1947,
giving a basis of about
Bonds Offered to Public—Weil
1.19%.
Interest payable M-N.
& Arnold of New Orleans, are of¬
Newton, Iowa
fering
for
general
investment
Bond Offering — Bids will be
$250,000 1 %, 2i/4 and 2% refund¬
received until Oct. 5, at 7.30 p.m.,
ing bonds.
Coupon bonds, dated
by H. L. Lammers, City Clerk, Aug. 1, 1942. Denom. $1,000. Di¬
for the purchase of $50,000 re¬ vided as follows: $75,000 iy>s, due
funding bonds.
1 on Aug. 1, $25,000 in 1944 to 1946;
$150,000'2y4s, due $25,000 on Aug.
Sac City, Iowa
1 in 1947 to 1952, and $25,000 2s,
Bond Sale Details
The City
due on Aug. 1, 1953. Prin. and int.
Clerk states that the $16,000 water
(F-A) payable at the office of the
system bonds sold to Paine, Web¬
State Treasurer, Baton Rouge, or
ber, Jackson & Curtis of Chicago,
at
the
State's fiscal
agency
in
as iy4s—v. 156, p. 906—were pur¬
New Orleans.
Offered when, as
chased at a price of 100.37, a basis

and

Bonds Sold—An issue of

Gervais

that

President

,

ILLINOIS

(P. O. New
—

$500,-

even

Under
present
arrangements
provision has been made by the
Federal Government to pay small

for the issuance

are

highway fund, was
compared with $16,-

$400,000 and possibly
000 annually.

Orleans), La*

and

fund

ity will receive from $350,060 to

payable J-D.
Orleans Levee District

the

or

city will receive, but
it is believed that the municipal¬

Interest

1952.

$2,000 in 1950 to

made

be

amounts the

follows:

as

will

sessments

4s at par, as

May, mature on Dec.
$1,000 in 1943 to
1945, $1,500 in 1946 to 1949, and
1

Co.

&

the

bonds sold to

noted here in

and associates bid 100.88,
Sioux City, Iowa
i
Lowry, Sweney, Inc. and as¬
Additional Information — The
year
$1,462,000 more than
sociates bid 100.561.
These rates
those of the previous year.
City Treasurer states that the $60,t
indicate that Honolulu is able to
The accumulated surplus in all
000 airport certificates sold to the
finance at levels comparable with
State funds for the fiscal year
City Sinking Funds, as 1V2S—v.
those before Pearl Harbor.
156, p. 906—were purchased at par
1941-1942, including the general
to

serves

this

states that

now

refunding

the Bank of Jena, as

of - about

;

Jury

$15,000

Council is said to have passed an

ordinance calling

-

HAWAII

State university.

Financial abstracts submitted to

•show

interest

a-net

at

any

payment date prior to ma¬
If the option to call the

Winter

indirect

State's

The

headed by the

.

nonfunded debt;
includes the

(P. O. Jena), La.
Maturity—The Secretary of the
Police

1.66%, divided as follows: $70,000
as
1 %s, due on Dec. 1 in 1943 to
following rates; 2% for the first 1951; the remaining $160,000 as
five years after date; 3% for the 1 %s, due on Dec. 1 in 1951 to 1960,
next succeeding five years;
4% and $50,000 on Oct. 1, 1962. Inter¬
<
for the next succeeding 10 years; est payable J-D.
and 5%
thereafter.
The bonds
Malvern, Iowa

refunding bonds prior to matur¬

State's direct debt is

The

states that the $230,000

system and street improve¬
sold to a syndicate

bonds

of

interest

posed solely of the unpaid residue
of
the
$25,000,000
bond
issue

now

ment

municipality by the Federal Gov¬
ernment on eight defense, housing
developments,
it was disclosed
Aug. 28 at the City Hall.
It is not yet known how the as¬

-

La Salle Par. Sub-Road Dist. No. 2

White-Phillips Co.
Davenport, at a price of 100.69
and, subject to the right of prior
—v. 156, p.
1002—were purchased
redemption, will mature June 1,
funding bonds dated June 1, 1942,

and

$3,000,000 in indirect debt.

Clerk
sewer

and $15,000,000 of direct
between $2,000,000 and turity.

000,000
debt

had not been ob¬

such judgments

Sept. If 1943 to 1972.

Davenport, Iowa
Details — The City

Sale

Bond

considered

tained.

tained."
*

against the city shall be
as subject hereto as if

tained

Monday, September 28, 1942

FINANCIAL CHRONICLE

THE COMMERCIAL &

1106

and

financial

position warrants the
freezing of a "goodly sum" for
post-war projects and an addi-

.

;

;

W. tional amount for present emer- j
notified that a petition has been City Clerk-Treasurer, will receive
Perkins, State Insurance Commis¬ gencies, including salary adjust- '
filed in the United States District sealed bids until 7:30 p.m. on Oct. $30,000 issue of 3% coupon school
sioner, to purchase $11,500,000 in¬ ments. Even with this, the Gov- 1
Court in and for the Southern 13 for the purchase of $5,000 not building revenue refunding bonds surance on various bridges. Total ernor added, "there will be left
on '

Offered

Bonds

of

District

Florida, Tampa Divi¬

sion, asking for the confirmation
of

plan of composition under the

a

provisions of the Municipal Bank¬
ruptcy Act.
A

hearing

on

the petition

scheduled to be held at the
eral

is

Fed¬

in Tampa, at 11
16, for the purpose
of hearing the petition and con¬

a.m.

Building

on

Nov.

sidering and passing upon the
plan together with any answers or
objections filed by any creditors.
Sworn

proofs of claims setting up

claims
filed

and

interests

to

are

be

by the creditors on or before

Nov.

with

16,

the Clerk

of

the

United States District Court, Fed¬

eral

Building, Tampa, and such
proofs are to give the details of
the
of

bonds
all

and

unpaid

show

the

interest

amount

and

other

details.

To

Public

—

A

Wauchula

exceed

3%

interest

fire

truck

bonds. Dated Feb. 1, 1942. Denom.

IOWA

has

Alfred

been

purchased and is being

offered by the

J-D.

fund.

proposed to be affected
Council Bluffs, Iowa

Bond Sale—The $50,000 coupon
composition comprises all of the
outstanding principal bonded in¬ semi-ann. sewer bonds offered for

Acadia

Ward Sub(P. O. Crowley),

Parish, Fourth

Road Dist. No.

7

the

100.442, a basis of about 1.15%.
Sept. 1, 1942.
Due $5,000
crued
interest
on
bonds
upon from Nov. 1, 1944 to 1953; optional
which judgments have been ob¬ on and after Nov. 1, 1947.

proposed

Bonds,

refunding

coupons




and

ac¬

Dated

were

awarded to Scharff & Jones

of New

Orleans, according to the
of
the
Police
Jury.

Secretary
Dated

Sept.

1,

1942.

This left

$24,165,767 of the

expended for operating pur¬
poses.
The latter amount repre¬
sented 56.98% of operating appro¬

MASSACHUSETTS

total

LOUISIANA

debtedness, and all accrued inter¬ sale on Sept. 22—v. 156, p. 649—
La.
est on the bonds provided to be were awarded to
the Iowa-Des
Bond Sale—The $90,000 public
refunded (whether evidenced by Moines
National
Bank
& Trust
matured coupons or accrued in¬ Co. of Des Moines, at public auc¬ improvement
bonds offered for
terest on bonds, or both) to the tion, as IV4S, paying a price of sale on Sept. 22—v. 156, p. 738—
of

ordered

j
includes $7,500,000 against sabo¬ enough to bring about a sizable j
Bankers Bond Co.,
At !
tage and $4,000,000 against war reduction in income taxes."
W. L. Lyons & Co., and Stein Bros.
the preceding session of the Legis- •
$1,000. Due $1,000 on Jan. 1 from
damages.
1944 to 1948 incl.
Rate of interest & Boyce, all of Louisville, for gen¬
lature, early in 1941, the tax on
to be expressed in multiples of eral investment at prices to yield
MARYLAND
earned income was reduced from j
from 1.25 to 2.85%, according to
V\ of 1%. No conditional bids will
2Y2 to a flat 2% and the invest-' j
Baltimore, Md.
Denom. $1,000.
Dated
be considered.
Legal opinion of maturity.
ment income tax rate was lowered I
Nov. 1, 1942.
Reports
Higher
Revenues- from 6 to
Due on Nov. 1 in
Dailey, Davis & Hartsock of In¬
5%.
"Now that the j
1943 to 1956 inch, callable on and Revenue collections by the city in
dianapolis will be furnished the
State's financial position is the
after Nov. 1, 1947.
the first seven months of the year
Prin. and int.
successful bidder. /
strongest in its history, a reduq(M-N) payable at the Lincoln Na¬ amounted to $47,641,481 and com¬ tion
in
income
taxes
can
be
Indianapolis School City, Ind.
tional Bank, Flodgenville.
:''
pared with $46,535,937 in the com¬
made," the Governor said in a
Temporary
Loan
Sold •— The
parable 1941 period, according to statement. "The
present condition (
Raceland, Ky.
a report from Herbert Fallin, budr
$250,000 temporary loan issue of¬
of affairs will justify a reduction
Bond
Sale Details—It is now
j
fered Sept. 22 was awarded to a
get director.
in these taxes up to 20 or 25%. 1
reported that the $37,800 water
Mr. Fallin said that $32,178,223
group of Indianapolis institutions
Already a 40% reduction in real <
works revenue refunding bonds
at 0.75% interest, plus a premium
was expended for all purposes in
estate
taxes has been
effected,
sold to the Bankers Bond Co. of
of $60.10. The syndicate consisted
the seven-month period. This, he
which places the State tax rate at !
Louisville, as 4s at par, as noted added, was 56.39% of total appro¬
of the Union Trust Co., Indiana
the lowest in 82 years.
Not only
Trust
Co.,
American
National here, are dated Dec. 1, 1941, and priations of $57,067,680 for the is
it my intention to maintain the
Bank, Indiana National Bank and mature on Dec. 1 as follows: $1,- entire year 1942.
State rate at this low point, but it
the Merchants National Bank. The 800 in 1942, $2,000 in 1943 and 1944,
Of the total expenditures for
will eventually be reduced fur- !
loan is payable in three months.
$3,000 in 1945 to 1948, and $4,000 the seven-month period, $8,012,456
ther.
1
in 1949 to 1953. Interest payable
was for debt service and pension

to

by the provisions of the plan of

bonds.

16

,

The indebtedness of the City of

date

Sept.

Boston

Metropolitan District, Mass.

$8,286,000 cou- .j
In
the
first
seven pon, registerable as to principal |
months
of
1941, the
city ex¬ only, bonds offered Sept. 23—v. :
pended 57.30% of operating ap¬ 156, p. 1002—were awarded to a i
propriations for operating pur¬ syndicate headed by Halsey, ,!
Stuart & Co., Inc., New York, as
poses.
Government to Meet City Tax lV4s, at a price of 93.288, a basis
Bond Sale—The

priations.

Rate

on

Housing Projects—Sums

equivalent to the full
Due from city tax rate will be paid to the
of

money

of

about

1942

from

1.619%.

and
1943

due
to

Oct.

Dated

serially

on

1937 incl.

Oct.

The

15,
15 *

sue-

Volume

THE COMMERCIAL & FINANCIAL CHRONICLE

Number 4111

156-

cessful banking group made pub¬
lic
re-offering of the bonds at

Long/State Commissioner of Cor¬ Sept. 30 for the purchase fo $15,000
porations and Taxation has an¬ not to exceed 3% interest coupon

prices to yield from 0.50% to
1.70%, according to maturity; Le¬
gality of the bonds to be approved
by Ropes, Gray, Best, Coolidge &
Rugg of Boston.
J

nounced.

[

The

cut

in

municipal

produced principally
demand for public
welfare appropriations and high¬
way • expenditures., Real
estate
taxes however were raised by $2,977,753. In realty values an addidition of $95,812,246 was regis¬
expense was

by

Underwriting Group—The suc¬

cessful banking group, in

lessened

water works system bonds.

.

:

will

National City

were

in

the

the

bidding

First

managed

was

Bank

of

being

deferred,

pending

ap¬

ceptance by the city of proposed
changes in the building plans.

No.

Call

6,

Mich.

Fred

—

Wilkinson,

tion, calls for payment on Oct. 15,
1942, at par and accrued interest,
bonds Nos; 7 to 10, 13 and 14,
dated April 15, 1936.
Bonds will

by

and submitted offers of
l^s, a net cost of 1.799%,
and 98.35 for 13/4S, a net cost of

be redeemed

at the

Detroit Trust

a

Federal grant and

ac¬

MINNESOTA

Co., Detroit.

Hopkins,
Certificate
water
cates

sale

main

of
on

were

Lincoln Park School District, Mich.
Bond Offering — Raymond E.

Others in this group in¬
the following: Union Se¬

Corp., Blyth & Co., Lazard
Freres & Co., Northern Trust Co.
of Chicago, Salomon Bros. & Hutzler, R. W. Pressprich & Co. and
Goldman, Sachs & Co.
^

is

Secretary of the Board of Educa¬

New

curities

Detroit

Township School Dis¬

trict

94.54 for

cluded

the

proval of

Bond

York,

1.841%.

at

Farmington

Third syndicate

National

redeemed

Trust Co.; Detroit.

Corp., * Harris Trust & Savings
Bank, Chicago; Kidder, Peabody
& Co., Harriman Ripley & Co.,
Inc., Smith Barney & Co., and
Estabrook & Co.

be

000 in

by the State of $690,-

excess

of the constitutional

debt

limitation, over and above
Bonds Sold
The Secretary of existing bonded indebtedness for'
which the State is now obligated
the Board of Education states that
for Montana State College. $105,000 1%% semi-ann. school
Mo.

—

,

in this account

debtedness

(P. O. Affton),

Aug. 1* 1942. Denom. $1,000. Due
Aug. 1; as follows: $1,000 in 1944
and $2,000 from 1945 to 1951 incl.
Subject to redemption prior to addition
bonds
have
maturity-on 30 days' published
Dated May 1, 1942.
notice at the option of the city,
on
any interest payment date on Boone County (P. O.
and after Aug. 1, 1944.
Mo.
If less

.

Bank of New York, Bankers Trust
Co. of New York, First Boston

MISSOURI
Affton Sch. Dist.

Dated

addition
Halsey, Stuart & Co., Inc., in¬
cluded
the
following:
Lehman tered;than all of the outstanding bonds
Brothers, Blair & Co., Inc., Phelps,
Peabody, Mass.
are called on a specific
Ferin & Co., Dick & Merle-Smith,
date, then
Note Sale—The issue of $300,000
such redemption shall be in in¬
B. J. Van Ingen & Co., Inc., Bacon, notes offered
Sept. 21—v. 156, p.
verse
numerical order.
Rate of
Stevenson & Co., Coffin & Burr, 1002—was awarded
to
the
Na¬
Kean, Taylor & Co., Hornblower tional Shawmut Bank of Boston, interest to be in multiples of %
of
1%.
& Weeks, Geo. B. Gibbons & Co.,
Principal and interest
at 0.59% discount.. Dated Sept. 22,
Otis & Co.,'Tucker, Anthony &
(F-A) payable at the City Treas¬
1942, and due $200,000 on Dec. 22,
urer's office.
Bonds are payable
Co., Arthur Perry & Co., Schoell- 1942, and $100,000 on July 16,
from taxes without limitation as
kopf, Hutton & Pomeroy, Inc., 1943.
Other, bids:
Warren Na¬
to rate or amount.
Bids shall be
Newburger, Loeb & Co., Alfred tional Bank of Peabody,
$200,000
conditioned upon the unqualified
O'Gara &
Co., Edward Lowber at
0.63%, and $100,000 at 0.72%';
Stokes & Co., H. C. Wainwright
opinion of the purchaser's attor¬
Merchants National Bank of Bos¬
& Co., William R. Compton & Co.,
ney
approvinglegality of the
ton, 0.63%; First National Bank of
bonds.
Cost of opinion and for
Mullaney, Ross.& Company, and
Boston, 0.73%.
; ;
Daniel F. Rice and Company.
printing the bonds to be paid for
In addition to the accepted bids,
by the successful bidder. A cer¬
MICHIGAN
the Halsey, ..Stuart account also
tified check for 2% of the bonds
Avon and Shelby Townships Frac¬
submitted
tenders of 97.519 for
bid for, payable to order of the
tional School District No. 2, Mich.
IV2S, a net cost of 1.635%, and
City Treasurer, is required.
Bond Call—Frank W. Guthrie,
100.409 for
l3/4s, a net cost of
Treasurer of the Board of Educa¬
Ypsilanti, Mich.
1.724%.
A syndicate headed by
Bond Issuance Deferred—H. C.
the Chase National Bank of New tion, calls for payment on Oct.
15, 1942, at par and accrued in¬ Holmes, City Clerk, reports that
York was second high in the bid¬
ding, offering 95.079 for l%s, a net terest, refunding bonds Nos. 15 to issuance of the $134,000 municipal
17, dated April 15, 1937, denom. hospital construction' bonds ap¬
cost of 1.77%, and 98.929 for l3/4s,
$500, due April 15, 1962.
Bonds proved by the voters last May 25
a net cost of 1.809%. Among others
to

1107,

Sale

Minn.

The $16,480
improvement certifi¬
—

indebtedness

offered

Sept. 18—v. 156,

p.

for

907—

awarded to

Piper, Jaffray &
Hopwood of Minneapolis, as iy2s
at par, according to the Village
Clerk., Due $1,648 on Oct. 1 in

Bonds Sold

been

Referendum No. 46 is

sold.

an

act

au¬

thorizing

the State to contract
debt of $350,000 in excess of the

Columbia),

constitutional limitation and

the

bonded

present

The

over

indebtedness

Baum, Bern- for Northern Montana College.
City, has
The bond issues would be util¬
recently $25,000 road
ized for the construction, repair,
and bridge bonds as
iy8s, at a
remodeling and equipping of nec¬
price of 100.06, a basis of about
essary college buildings.
1.11%. Denom. $1,000.
heimer Co.

—

of

Kansas

purchased

Dated Sept.
Due $5,000 from March
1, 1944 to 1948 incl. Prin. and int.

1, 1942.

NEBRASKA

Broken Bow, Neb.
County
Treasurer's office.
Bonds Sold—It is stated by F. A.
Legality ap¬
proved by Bowersock, Fizzell & Rausch,
Superintendent of the
Rhodes of Kansas City.
■
/ Street, Water and Sewer Depart¬
ment, that $326,000 paving and in¬
"
Boonville, Mo.
1/■/
tersection refunding bonds have
Bonds Sold—The Baum, Bernbeen sold.
heimer Co., and Piersol & Co.,
both of Kansas City, jointly, have
NEW JERSEY
purchased $32,000 street improve¬
(P. O. Atlantic
ment and judgment funding bonds Atlantic County
City), N. J.
at a price of 100.139, a net inter¬
est cost of about
Bond Sale Pending—It is stated
1.39%, on the
bonds divided as follows: $24,000 by G. M. Parker, County Auditor,
as
iy2s, due on March 15 in 1944 that $15,000 county tuberculosis1
to 1951; the remaining $8,000 as hospital bonds authorized recent¬
iy4s, due on March 15 in 1952 and ly, will - be sold to the County
1953.
Denom. $1,000. Dated Sept. Sinking Fund.
15, 1942. Prin. and int. (M-S) pay¬
Carlstadt, N. J.
able at the First National Bank,
Refunding
Considered — Bor¬
Kansas City. These bonds, author¬
proposal for partial re¬
ized at a special election held re¬ ough's
funding of its debt by issuing
cently, in the opinion of counsel
23/4% refunding bonds
will constitute valid and legally $182,000
was
taken under advisement by
binding obligations of the city,
the
State
Funding Commission,
payable from ad valorem taxes
which may be levied against all pending receipt, of a report from

(M-S)

payable

at

the

,

,

'

,

of

the

taxable
property within
city without limitation as to

the
rate

Dunellen, N.J.

amount.

Legality approved
by Bowersock, Fizzell & Rhodes,
of Kansas City.
or

its auditor.

Carterville Sch. Dist. (P. O. Carter-

Sale—The

Bond
or

registered

assessment

bonds

ment

$38,000 coupon
local improvement
general improve¬
offered Sept. 21—v.

and

1003—were awarded to the
Bank of Dunellen,
Certificate Sale
The $1,643.35 the Board of Education states that as
1.30s, at par. The $18,000 local
certificates
of
indebtedness
of¬
$7,500
construction
bonds
ap¬ improvement issue matures serial¬
fered for sale on Sept. 15—v. 156,
proved by the voters on Sept. 1, ly on Sept. 1 from 1943 to 1947
p.
907—were purchased by the have been sold.
Due serially be¬ incl., and the $20,000 general loan
Security National Bank of Hop¬ ginning on March 1, 1944.
is due annually on Sept. 1 from
$218,000 series 1 bonds. Due Nov.
kins, as'3V4.s at; par, according to
1943 to 1952 incl. All of the bonds
1, as follows:; $8,000 in 1946, the
St. Charles, Mo.
Village Clerk. Due $308.87 on
are
dated Sept. 1, 1942.
Among
Bond Offering—Sealed bids will
$5,000 in 1947 to 1951; $10,000
Sept. 1 in 1943-to 1947 incl.
Other
bids were the following:
*n 1952 and 1953, and $15,000
be received until 5 p.m. on Oct.
Peoples Trust Co. of Dunellen, par
St. Louis Park, Minn.
in 1954 to; 1964.
Rate of in1, by F. B. Brockgreitens, City
for l%s; B. J. Van Ingen & Co.,
""terest to be in multiples of
Certificates Sold—Village Clerk Clerk, for the purchase of $66,000
Inc.,
100.15
for M%s; < Minsch;
% of 1%, not exceeding 3% Joseph Justad states that $2,250 judgment funding and public im¬
Monell & Co., 2s, 100.40; H. L.
per annum to Nov.
1, 1947, certificates of indebtedness were provement bonds. Denom. $1,000.
Allen & Co., 2s; 100.23.
;
V not exceeding 3Y2% per an- offered on Aug. 31 and were Dated Oct. 1, 1942. Due on April
\
c
ti'i
num
thereafter
to
Nov.
1, awarded to the First National 1 as follows: $3,000 in 1945 to
Englewood, N. J.
*
"
,.-n\ •
1950,, and not exceeding 4% Bank of Hopkins as 3s.
1952, $4,000 in 1953 to 1960, and
Bond Offering—Sealed bids will
v
per
annum
thereafter until
$5,000 in 1961 and 1962; Callable be received until Oct. 20 for the
: Maturity—Mr. Justad also states
paid; payable May and Nov. 1.
ph April 1, 1948, or on April 1 in
that the $6,000 street improvement
purchase .of
$60,000
refunding
32,000 not to exceed 3% interest, warrants sold
any year thereafter
before ma¬
bonds.
This sale will be the third
to the First National
/'Series 2 bonds. Due Nov. 1,
turity.
Bidders to name a single
Bank & Trust Co. of Minneapolis,
phase of the $300,000 refunding
as follows:
rate of interest in a multiple of
$10,000 in 1943 to as
iy2s, at.a price of 100.112—v.
program initiated in 1940.
The
;
-1945 and $2,000 in 1946.
Ys of 1%, and. premiums to be
Rate
156, p. 907—mature $2,000 on Dec.
plan calls for the final issue of
:;of interest to be in multiples
paid for said bonds: (1) if issued
1 in 1943 to 1945, giving a basis of
$50,000 next year. According to
of % of 1%
without option for prior payment,
about
David Van Alstyne, Jr., Finance
1.45%.
Interest payable
or
(2) if issued callable on April
All of the bonds will be dated J-D.
Chairman, the issue is in reality
1, 1948, or on April 1, in any year
Oct. 1, 1942. Principal and inter¬
a
tax relief measure designed to
thereafter before maturity, or (3)
MISSISSIPPI
est payable at the Detroit Trust
level off the payment of bonded
if issued without option for prior
Co-, Detroit, or at any bank or Chickasaw Co. Supervisors Road
indebtedness, which by 1945 will
payment, and if issued callable on
trust company in the City of De¬
take a sharp natural drop through
Dist. No. 2 (P. O. Houston), Miss.
April 1, 1948, or on April 1, in
troit named by the School District
the maturing of the major portion
Bonds Sold—It is reported that any year thereafter, before ma¬
as a successor paying
agent. Gen¬
of the city's indebtedness.
$8,000 - 4%% semi-ann. funding turity.
No bid for less than par.
eral
obligations of the District
bonds
have
been purchased by Principal and interest (A-O) pay¬
Fairview, N. J.
which is authorized and required
at
the
Cady & Co. of Columbus.
Dated able
Missisisppi Valley
by law to levy upon all the tax¬
; Proposed Refunding—A refund¬
Trust Co., St. Louis. Bids must be
Aug. 1, 1942.;
able
property
therein such
ad
made on the form furnished by ing program providing for the is¬
valorem taxes as may be neces¬
Cleveland, Miss.
the above City Clerk.
The city suance of $200,000 in,bonds has
sary to pay the bonds and the in¬
Bond Sold
The City Clerk
will furnish the legal opinion of
been submitted by the municipal¬
terest thereon as the same shall
states
that
$7,000
2y2 %
water Charles
&
Trauernicht, of
St.
become due, without limitation as
works improvement bonds have
ity to the State Funding Commis¬
Louis, and will pay for the print¬
to rate or amount.
Bids shall be been
sion for its consideration.
purchased at par by J. G.
ing of, the bonds and the registra¬
conditioned upon the unqualified
Hickman, Inc. of Vicksburg. Dated tion fee at the State Auditor's of¬
Garfield, N. J.
legal opinion of Claude H. Ste¬ May 1, 1942.
Due on May 1 as fice.
Delivery of the bonds will
vens of Berry & Stevens of De¬
Bonds Publicly Offered—J. B.
follows/$500. in-1943 to 1948, and be made on or before Oct. 28.
troit approving the legality of the
$1,000 in 1949 to 1952.
Prin. and Enclose a certified check for
$1,- Hanauer & Co. of Newark are
bonds. The cost of said legal opin¬
int. (M-N) payable at the Cleve¬
200, payable to the city. ,
ion and of the
making public offering of $395,000
printing of the land State Bank, Cleveland.

North, Secretary of the Board of
Education, will receive sealed bids
until 8 p.m. (EWT) on Sept. 28
for the purchase of $250,000 cou¬
pon 1942 refunding bonds, as fol¬
lows:
"/ 7

1943 to 1952 incl.

156,

ville), Mo.

v.

.

Bonds

Sold

—

The Treasurer of

p.

First National

—

•

County (P. O. Springfield), Mass. >
Other Bids—The $200,000 notes,
due Nov. 9, 1942, and awarded on
Sept. 9 to the Union Trust Co. of
Hampden
-

►

Springfield, at 0.369% discount; as
reported in v. 156; p." 906; were
also bid for as
Bidder—

*

National

First

\t

follows:;*^"'.• fp™;
TV

'■

of

Bank

■Discount

Boston.- 0.39^'

.

.

.

*'

-

.

■

.

.

Merchants

National Bank

of

Boston..

0.45^;

National Shawmut Bank of Boston.

Massachusetts (State of)
In List Of Legal

■

.

■

0.47ti

/Changes

In¬

vestments—The

following bulletin
(No. 2), issued by the State Bank
Commissioner on Sept. 19, shows
revisions

latest

the

investments

in

the

considered

savings banks:

-

of

for
■'

~

\

,

list

legal

Added To The List Of July 1, 1942:

Railroad Bonds

v/

-

\

-

As of Sept, 15, ,1942
;
Atchison, Topeka
Santa Fe
Railway — California ). Arizona
.

Lines:

First and

Ref., Gold, 4Y»s,
1962; First and Ref., Gold,
4V2s, Ser. B, 1962.
1
;
Ser. A,

*

Railroad

Equipment Trusts

As of Aug.

:

17, 1942
Railway Com¬
Equip, trust of 1942, Series

Northern Pacific

pany

B, (Serially) 2s,' 1952.
:
As of Aug. 12, 1942
Southern
/ Pacific
Company
,

Equip, trust,
2%s; 1952.

Series S

(Serially),

.'

As of Sept

Potomac
pany

'

V

Public Utilities

i

,

,

16, 1942-

Electric

-

Power

First Mtg., 3Y4s,

/

Com¬

1977.

Removed From The List

r

(Pennsylvania System)
Toledo, Walhonding Valley &
Ohio R. R. First 4s, 1942; Matured
.

.

-

9/1/42..
•

Local

.:,
Units

;

Cut

.

.

,

—

.

bonds will be paid by the School
District.
Bonds will be delivered
at

Detroit.

check

$4,177,926

in

1942

:

Commercial

and

Enclose

certified

a

$5,000, payable

to

the

was

as

reduced

compared

Mt. Morris, Mich.

Financial

Chronicle

City

Clerk,

will

sealed bids until 8 p.m.

Sale

Details—The

of the Chancery

receive

(EWT)

on

of

here-in
par

-

(State

Proposed Bond Measures

following

Interest payable A-O.

—

The

authorizing
the issuance of bonds aggregating
$1,040,000, are to be placed on the
measures

Referendum

No.

45

will

mine the authorization-of
.

Dated Sept.

1, 1940. Denom. $1,000. Due Sept.

of)

Tupelo, as l3/4s, as noted
May, were purchased at ballot at.the November election:

and mature $1,000 in 1943 to

1953.

Montana

Clerk

Court states that

4% refunding bonds.

MONTANA

County (P. O. Tupelo), Miss.

Bond

Co.

Bond Offering—Harold C. Rock¬

well,

Lee

the $11,000 county building bonds
sold to the Peoples Bank & Trust

Expenses—

with the previous year, Henry F,
•

for

School District.

Spending by the 351 municipali¬
ties of Massachusetts

,

deter¬
an

in¬

1,

as

follows:

$43,000

in

1950;

$35,000 in 1951 and 1952; $40,000,
1953; $28,000, 1954; $154,000, 1955;

$21,-000 in 1956 and $39,000 in 1957.
Principal and interest (M-S) pay¬
able

at

the

Garfield

Trust

Co.,

(Reg. TT. S. Patent Office) William B. Dana Company, Publishers, 25 Spruce Street, New York, BEekman 3-3341. Herbert D. Seibert, Editor and Publisher:
William Dana -Seibert, President; .William D.- Riggs, .Business
.Manager,- Published-twice-a. week-[-every Thursday' (general news and. advertising issue) with a statistical issue on Monday]» Other
offices: Chicago—In charge of Fred.H; Gray, Western Representative, Field
Building- (Telephone State.0613). London—Edwards & Smith, 1 Drapers' Gardens, London. E.C. Copyright. 1942 by William
B. Dana Company.,'Reentered as second-class matter February 25, 1942, at the" nost office at New
York, N. Y., under the Act of March 3, 1879.
Subscriptions in United States and Possessions,
$26.00 per year; in Dominion of Canada, $27.50 per year.--South and Central'Airierica; Spain/Mexico and Cuba; $29:50^per year? Great Britain; Continental Europe ^.(except Spain), Asia, Australia
and.Africa, $31.00 per yeay.<. NOTE: On account, of-the fluctuations in the rates of^exchange,,remittances for foreign subscriptions" and advertisements must be-made in-New York-funds. * .




THE COMMERCIAL & FINANCIAL CHRONICLE

1108

Garfield.

approved

Legality

by

Hawkins, Delafield & Longfellow
of New York City.
i

Ho-Ho-Kus, N. J.

W. Lucas,

Bond Offering—John

Company,
Trust
Company^ of$40,000 North America, Bacon, Stevenson
sewer bonds offered
Sept. 24—v. & Co.; Darby & Co., Eldredge &
156, p. 1004 — was awarded to Co., Emanuel & Co., Geoi'ge B.
Francis I. du Pont & Co. of New Gibbons & Co., Inc.; Harris Trust
York, as l3/4s, at a price of 100.045, and Savings Bank, Hornblower &
Freeport, N.

Borough Clerk, will receive sealed
bids until 8:15 p.m. (EWT) on Oct.

purchase of $28,500 not
exceed 6% interest coupon or

basis of about 1.743%,
Dated Weeks,
Sept. 1, 1942 and due March 1, as Co.

16 for the
to

registered land acquisition bonds.
Dated Oct. 1, 1942.
Denoms. $1,000 and $500.
Due Oct. 1, as fol¬
lows: $1,500 from 1943 to 1945 incl.
and $2,000 from 1946 to 1957 incl.
Bidder to name a single rate of

Y.

Bond Sale—The issue of

'

(A-O). payable at the Citizens
First National Bank & Trust Co.,

Glen Cove, N. Y.

Bond Refunding Approved—The
State Department

Audit and
approved. the city's

has

Control

of

to • refund
$78,000
The price for which application
A ;
'•
the bonds may be sold cannot ex¬ bonds.
ceed $28,500.
A certified check
Hamburg (P. O. Hamburg), N. Y.
for $570, payable to order of the
Bond Sale—The Bank of Ham¬
borough, is required. Legal opin¬
burg recently purchased as 1.10s,
ion of Reed, Hoyt, Washburn &
at par, a total of $8,400 highway
Clay of New York City will be
building and judgment bonds. Sec¬
■

furnished the successful bidder.

made

passed

recently

Council

reading

ordinance

an

first

issue

to

$28,500 improvement bonds.
South

•'"

Mamaroneck, N. Y.
Sale—The

Note

issue

000 tax notes offered

of

$240,-

Sept. 23 was

chase "< of
the
following coupon
Company, A. C. Allyn & Co., Dick
Merle-Smith, First of Michigan bonds aggregating $49,000:
Corporation, Glore, Forgan'& Co.;, $40-,000 local improvement funding
bonds. 4 Due on Oct. 1; $8,000
Hannahs, Ballin & Lee; Hemphill;
in 1943 and 1944, and $12,000
Noyes & Co.;. Lee, Higginson Cor¬
in 1945 and 1946.
poration, and Union Securities
Corporation. ■
4
' "'■%
^9,000. public works bonds.
Due
i
$200,000
on Oct. 1;
$4,000 in 1943 and
Baker, Weeks & Harden; Dom;
$5,000 in 1944.
inick & Dominick, Francis I: Du-Interest rate is not to exceed
pont & Co., Eastman, Dillon & Co.;
The bonds will
Ernst & Co., Harvey Fisk & Sons, 3%, payable A-O.
be dated Oct. 1, 1942.
Bidder to
Inc.; Gertler, Stearns & Co.; Hall name a single rate of interest, ex¬
garten & Co., Mackenzie "& Co.,
pressed in a multiple of a/4 or
Inc.; Newburger, Loeb & Co.; L. F.
l/10th of 1%. Prin. and int. (A-O)
Rothschild & Co., Shields & Co.;
payable at the Washington Irving
Spencer Trask & Co.; Stern, Lauer
Trust Co., Port Chester.
Legal
& Co.; B. j. Van Ingen & Co., Inc.,
opinion *of Reed, Hoyt, Washburn
and White, Weld & Co.
\
:
' &
Clay of New York City will be
New York (State of)
furnished
the
successful bidder.

the

of Mamaroneck at 0.60%

Bonds Sold—An issue of

$10,000,
water supply bonds was sold to
the South Amboy Trust Co., South

Dated

Amboy,-as 2V4S, at par.

for

the

Feb.

interest.

„

uncollected

Permits

Law

Emergency ;A certified check for $980, payable
re¬ Jo order of the village, is required.

tax

revenues

fiscal

year

levied

ending

cent

legislative session

enacted

measure

a

Rochester, N. Y.

Chapter 578, Laws
of 1942, amending the State War
was

as

Note Sale—The $2,270,000 notes
1943. Legal opinion of
(Offered on Sept. 18 were awarded
Emergency Act, in relation to bor¬
Vandewater & Moore of
to the
Chemical Bank
& Trust
rowing by local units.
New York City. Second high bid¬
Buffalo, N. Y.
The act authorizes municipali¬ Co. and the Central Hanover Bank
der for the loan was the Manu¬
Bond Sale—The $3,000,000 cou¬
ties to pay for the necessities of & Trust Co., both of New York
facturers Trust Co. of New York,
interest,
life because of an emergency ex¬ City, jointly, at 0.575%
pon or registered refunding bonds
which bid a rate of 0.75%.
offered Sept. 18—v. 156, p. 907—
Sale con¬
isting on account of or arising out plus a premium of $1.
sisted of $400,000 pavement re¬
were awarded to the National City
of attack or sabotage. >
New York (State of)
Bank of New York and the Manu¬
Note Issue
Sold—State Comp¬
"For such purpose a municipal¬ construction notes, $450,000 special
facturers & Traders Trust Co. of troller Joseph V. O'Leary on Sept. ity may raise additional funds for local improvement,
$575,000 tax
Buffalo, jointly, as 1.80s, at a price 21 marketed an issue of $100,000,- war emergency aid -by the issu¬ anticipation 1940, $575,000 tax an¬
©f 100.20, a basis of about 1.77%. 000 notes to bear 0.45%
interest, ance of bonds, notes or certificates ticipation .4941; $250,000 budget,
series. A, and $20,000 budget, series
Dated Oct. 1, 1942. Denom. $1,000. for the
purpose of financing gen¬ of indebtedness." Notes or certifi¬
Due $600,000 on Oct. l from 1948 eral
B.sThe entire $2,270,000 notes bear
government expenses, includ¬ cates of indebtedness shall mature
date of Sept.-21, 1942 and mature
to 1952 incl.
Prin. and int. (A-O)
ing the fall instalment of State within one year but4 bonds -isSued
payable at the City Comptroller's aid in support of common schools. for such purposes would be gov¬ on May 21, 1943. ^Payable at the
office, or at the Central Hanover Notes are dated Sept. 22, 1942, erned by a fixation1 of probable Central Hanover Bank & Trust
Bank & Trust Co., New York City, mature on March
Co., New York City. Legality ap¬
i
22, 1943, and usefulness reading: :
at the option of the holder. Legal¬
i"
"The period of probable useful¬ proved by Reed, Hoyt, Washburn
were
placed with 91 banks and
ity approved by Caldwell, Mar¬ investment firms throughout the ness of * war -emergency aid is & Clay of New York City. /
shall, Trimble & Mitchell of New State, on an allotment > basis as hereby determined to be 10 years
A NORTH CAROLINA'
York City.
-'
The act provides for reimburse¬
'Y i | per the amounts indicated below:
ment to the municipality by the
:
Bonds Publicly Offered — The
'
/ *.
Randolph f County (P. O. Ashe-State to the extent -of 40% of the V ; >
successful bidders re-offered the;
'
$2,690,000
*, ;
- boro), N. C.
bonds
for public
investment at
Chase National, National City, moneys so expended "provided t\ie
Bond Offering—Sealed bids, will
prices to yield from 1.45% to Bank of the Manhattan Company expenditures shall have been ap^ be-received until 11 a.m. (EWT),
1.80%.
according
to
maturity.) Bankers Trust Company, Central proved by the State Department on Sept. 29; by Wy E. Easterling,

NEW YORK

Dillon,

Bond Call—It is stated by P. M.'

-

.

_

announcement

was

of Hanover Bank and
pany. First National

Trust Comof New York,

made that the bonds had all

been

Guaranty Trust Company, Manu-

Shortly after noon on the day
the

award,

Other bids for the issue:

;
'

intRate

Bidder

George

Rate Bid

Gibbons & Co.,
Inc.,
Bacon, Stevenson <fc
Co., Roosevelt & Weigold,

-

'

B.

Van Ingen

J.

.

'

a

Co.,

&

Freres

falo, and Associates
Halsey, Stuart -&
Co.,
■

100.155

Harriman
Ripley
& Co.,
Inc.,
Marine
Trust Co. of Buf¬

Laaard

Blair

&

ment

1.90%

100.399

Inc.,

■

Ladenbuvg,
Thalmann
&
.Co., and Associates.,....,.
Chemical Bank & Trust Co.,
Kidder,
Peabody
&
Co.,

Goldman, Sachs & Co.,
Associates

1.90%

100.334

Bl.vth

100.45

2%

&

100.06

Co.
Co.,

Bras.,

and Associates

Schroder

and

........

2s, at a price of 100.631, a basis of
about
1.95%—v.- 156,
p., 1004—
also bid for as follows:

Bidder^D.

■

•

Int. Rate

'

2.20%

White & Co.

Manufacturers

130.46

2.20%

Co..

Trust

Premium
$142.85

Traders

&

Manufacturers National Bank
of

2.30%

Roosevelt

Co.,

& Weigold,

100.00

2.40%

Troy.

C.
F.
Childs &
Sherwood & Co

201.00

2.30%

109.00

2%%'

45.51

23,;%

50.00

and

Inc...4.

Commercial Bank &
Trust Co. of Albany......
State Bank of Albany.......
National
.

Cortlandt

(P. O. Croton-On-Hudson), N. Y.

Note

Offering

Johnson,

Town
sealed

receive
on

Sept.

29

Oct.

1,

tax
1942.

fied

by

—

Ellsworth

Supervisor,
bids

until

8

E.

will

Trust

notes.

Dated
speci¬

Bidder—

Farmers

Trust

Company,

Com¬

&

&

Govern¬

;

<

,

1944

and

1949

to

Nos.

D3

1946 to 1948, $3,000 in
1951, $4,000 in 1952 and
1953, and $1,000 in 1954.
Water, Sewer and Electric Light,
to

D74, Mil, M16, M19/
M29, M32, M36, M39,

M23; M25,

M42 and M45.

Due May 1, as follows: $1,000 in
1945, $500 in 1946, $1,000 in 1947,
$1,500 in 1948, $1,000 in 1949 and
1950, $2,000 in 1951, $1,000 in 1952,

$2,000 in 1953, $6,000 in 1954, $7,000 in 1955 to 1958, and
$2,000 in
1959.

;

...

Payment

of

the

principal

amount of the bonds

so

redemption

made

after

date

will

be

called,

called for
on

or

presentation

on

of said

bonds in negotiable form;
accompanied by all May 1, 1943,
and
subsequent coupons, at the

Chemical Bank & Trust

Co.; New

York City.
Coupons maturing on
Nov. 1, 1942, and prior,, will be

paid

presentation

on

render.

Interest

called.'....

Debt

A

sur-^

on

date

;...

■,

Rutherfordton, N. C.

:Y
.»

v

and

- ceases

ried

/»

Refinancing Agreement—.

news

report from Raleigh

the

car¬

following information:

*>

The North Carolina Local Gov¬

Commission

ernment

that.-

announced

had

agreement

an

been

reached with bondholders and the

Town;of Rutherfordton
of

on a plan
refinancing that town's bonded

indebtedness of $448,537.
The re¬
funding issue rwill extend over a
period of 40 years at interest less
than 4%.
case

E.

The Rutherfordton bond>
reviewed

was

Yates

Court

Webb

before

Judge

United

in

States

petition of the town
representatives filed July 6 asking
for

upon

the

refunding

arrangement.

I

Company; * C.v F.
Co., Goldman, Sachs &
Co.: Halsey, Stuart & Co., Inc.;
Ladenburg, Thalmann & Co., La-

zard Freres &
ties

Rich

Co., Mellon Securi¬
Corporation, Merrill Lynch,
&

Fenner

Co.,

Webster and

.

New York,
Bank

100.409 1

•P/A/d'
-v,

and

100.33

&

&

Co;,

and

100.20

Loeb

.

.

100:66'

1.60%

*

Halsey, Stuart & Co,, Inc
1.60%
George
B.
Oibbohs
&
Co.,
"
InCi, Roosevelt & Weigold,. ••
and
Baeon,
Stevenson
&■
Co.
;•
1.60%
Blair
&
Co.,
Inc.,' and
Graham, Parsons & Co...
1.60%
Goldman, Sachs & Co., Mer- •'
cantile-Commerce
Bank
&
Trust
.Co.,
and
Equitable

&

Inc.,

Beane;

and

D.

Stone

W.

another

$600,000

Bank of New York, Federation
Bank and Trust Company, Fifth

earliest
rate

for

.

E.

1.60%

Corp.

H.* Rolliris

B)

J.

&

Sons,

4

.

.

100.32

'

,

Van

York,

City
Bank of New
and
Lee
Higginson

Corp

-

100.60

1.70%

Niagara Falls, N. Y.

Brown, Jr., City Manager, will
sealed

bids

until

White

&

Co...,.:...;..

1%%

Assel, KramerFuller.,..,1%.%.,

100.14

t

100.07

11:30

'v

Bond

Barberton, Ohio
Election

—

An

v
issue

of

maturities)

and $50,000 street improvement bonds,
the, balance, but will be considered by the voters

for

either

amount bf bonds of each rate.
bonds will be awarded to the

re^

a.m.

Ohio

The
bid¬

Bond

Offering

—

William

R.

Ranz, Clerk of the Board of Edu¬
at the lowest interest cost to the cation, will
receive sealed bids
county, such, cost to be determined until noon (EWT) on Oct, 13 for
by deducting the total amount of the purchase of $16,000 not to ex-:
the premium bid from the aggre¬ ceed 4% interest coupon improve¬
Dated Oct; 1, 1942:
gate amount of interest upon all ment bonds.
der

offering to purchase the bonds

of the bonds until their

.

Certificate Offering—Charles H.
ceive

A.

bid may name more

rates
100.40

-

National

J.

than two at the November general election.
issue, and each
Blue Ash Rural School District,
bidder, must specify in his bid the

no

100.43

Inc.,'
Ingen
&•
'
Co.; inc.-, ri.60% '* 100.29
Havris Trust & Savings Bank,
and First Boston Corp...;,
1.60% *' 100.27
and

&

Blodget, Inc.

rates, not exceeding 6%
in multipies of %
of 1 %; -■ each
bid may name one rate for part
of The bonds of either issue (hav^
or

ing/the

100.51

.,

Securities

.

—

-

Co.,
Sher¬
Boettcher &

Newburger,

'& Co

County (P.; 0,t Jeffer*
son)> Ohio "
v :
The $15,000 de¬
linquent tax bonds awarded Sept.
8 to the Jefferson Banking Co.,
'

<•••'

Other bids

Jefferson, as 0.75s, at 100.03, a
basis of about 0.74%, as reported4
A separate bid for each issue in v. 156, p. 908, were also bid for
-"Z ;y,-'
(not less than par and accrued in¬ as follows: :: f
Int. Rate-Rate Bid
terest) isTrequired.
Bidders are .Bidder-^Ohio Co. of Coiumbus.....>. ]%
- 100.02
requested to name the interest Seasongood & Mayer...'...... l\\%
100.16
rate

Kean,

&vCo.^1»%%

Childs

Ashtabula

.

v

-

l»/2%
Bros,

OHIO

V

National

Co.

F.

Rate Bid

'Int. Rate

Burr, White. Weld'
and Bear, -Stear-ns

Co.,

Taylor

&

Pierce,

■

York.....

&

Lehman
C.

"

,

Trust

Childs

New

wood

Company, Irving Trust Company,
Liberty Bank, Buffalo; Manufac¬
turers

Chase

and
of

Coffin

Co.,

mercial National Bank and Trust

-

-

Bankers Trust Co..

$1,000,000;

Brooklyn Trust Company, Bronx
County Trust Company, City Bank

'

the

S110,000

Local

Public

of Albany,

Bank

p.m.

for the purchase of

lien

Sale—The Nyack

Trust

,

R.

-

Na¬ reported in these columns on Sep¬ gations; unlimited tax; ,delivery at
tember 21ywe give below a partial"
Company,
place of purchaser's choice. There
list of the unsuccessful bids;
will be no auction.
Company, State
J

.Albany;

Bank

tional

Albany; United
States
Trust
Company of New
Colonie, Latham Sewer District
York, Blair & Co., Inc.; Blyth &
(P. O. Newtonville), N. Y.
Co., Inc.; C. J. Devine & Co., First
Other Bids—The $45,000 sewer
Boston Corporation, Phelps, Fenn
bonds awarded Sept. 16 to E. H.
& Co. and R. W. Pressprich & Co;
Rollins & Sons, Inc., New York, as

were

the

Commission, at his office in
Raleigh, for the purchase of the
following bonds aggregating $88,-

only;'general obli¬

2%

and Eastman, Dillon &

Lehman

of

ment

;

.

Improvement, Nos. M9,
M10, M12 to M15, M17, M18, M20,
M22, M24, M26 to M28, M30, M31,
M33 to M35, M37, M38, M40, M41,
M43 and M44, to the amount of
$26,000.
;
<
Due May 1, as follows: $2,000 in

.•

Company,

and

...v.,..,

,

Secretary

-r

Bank-&
pany, Buffalo Marine Trust Corn- Trust CoNyack, recently* pur¬
ooo: ■/
chased an issue of $5,000 street
Pany, Buffalo; J. P. Morgan & Co.,
Inc.; Barr Brothers & Co., Inc.; improvement bonds as 3s, at par. $82,000 general refunding bonds,
j f Due r on April 1; $24,000 in
Harriman Ripley & Co., Inc.; Leh¬ Due in 1947.- V
>> K?-:
> M958 and
$58,000 in 1959.
man
Brothers, Salomon Brothers
Onondaga County (P. O. Syria6,000 school refunding bonds. Due
& Hutzler and Smith, Barney &
A %
' ;
cuse), N. Y^'; ;;;
$3,000 on April 1 in 1958 and
Co.
Other Bids—In connection, with
1959.
•-//••
i
$1,800,000
the Sept. 17 award of $444,000 rer
Chemical Bank and Trust Com¬
■j. Denom. $1,000.
Dated Oct. 1,
funding bonds to Barr Bros. & Co.; 1942.
pany, Continental Bank and Trust
Prin; and int. (A-O) payNew York, and Paul H; Davis &
able in lawful money in New York
Company, Empire Trust Company,
Kings County Trust Company, Na¬ Co., Chicago; jointly, as:lV2s,;at City.
Coupon bonds, registerable
tional Commercial Bank and Trust 100.444, a basis of about 1.457% ", as as.to principal

'

,

Nov. 1:

on

Street

,

Inc., ^and

Co.,

„4

Nyack,N;Y.

\;'
Bond

'

,

1.80%

Co.

&

White

i

-V

•

,

& Co., C.
F. Childs & Co., Graham,
Parsons & Co.,
E. Lowber
Stokes
&
Co.
and R.
D.
B.

'■

.

*

facturers and Traders Trust Com

books closed;

and the

sold

of Social Welfare."

>

Covington, Town Clerk and Treas¬
urer, that the following refunding;
bonds are being called for pay-%

.

■

;

i

:

'

New

28,

Feb.

Red Springs, N. C.

1

}■,

-

1942, and due
Municipal Borrowing—At the
Issued against

Sept. 25,
25,
1943.

deposit accompanying his bid

will be returned.

-

,

awarded to the County Trust Co.

Amboy, N. J.

"

of 100.29 for 2s was

by the Bank of Blasdell.

Town

on

•

ond high bid

Kearny, N.J.
The

In the event that prior to the'
&
Moore
of
New
City. A certified check for delivery of the bonds the income'
$4,000, ? payable to order of the received by private holders from*
bonds of the same type and char¬
city, is required.
acter shall be taxable by the terms
Port Chester, N. Y.
of any Federal income tax law,
Bond Offering—Sealed bids will the successful bidder
may, at his'
tbe received until 2.30 p.m. (EWT),
election, be relieved of his obli-:
©n Sept. 30, by Amerigo J. Dechigations under the contract to pur¬
ara, Village, Clerk,, for the pur¬ chase the bonds and, in such
case,

York

&

Ridge wood.

—

Vandewater

-

-Second

count.

multiple of
or
1/10 of 1%. served. The approving opinion of
Principal and interest payable at Reed, Hoyt, Washburn &' Clay,
the Power City Trust Co., Niagara New York City, will be furnished^
Falls.
Legal poinion of Dillon, the purchaser.

,

*

,

from 1948 to 1957 !; Brown Brothers, Harriman * &
high bid of 100.19 Co., Fiduciary Trust Company of
for 1.80s was made by C. F. Childs New York, Fulton Trust Company
New
& Co. and Sherwood & Co., both of
York,, Swiss American
of New York City, in joint ac¬ Corporation, Underwriters Trust

int.

Authorized

1

-

$400,000

incl. and $3,000

incl,

interest, expressed in a multiple
of lk or l/10th 6f 1%. , Prin. and

Bonds

Peabody.&

Kidder,

and

1947

$2,000 from 1943 to

follows:

Monday, September 28, 1942

maturities.

all .of
tained.

No

bid

the bonds

for

will

respective
less than

be

,

Denom.
1

from

$1,000.
1944 to

Due $1,000 on Dec.
Rate of

1959 incl.

enter-, interest

to be expressed in mul¬
tiples of lk of 1%.
Interest J-D.

Bids must be accompanied by a Registerable as to principal only
(EWT) on Sept. 28 for the pur¬
Denoms. as
bidder,
Payable on Avenue Bank of New York, First chase of $200,000 not to exceed 5% certified check upon an incorpo¬ or as to both principal and interest
June 1, 1943, at the Chase National Trust Company, Albany: Lawyers interest certificates of indebted¬ rated bank or trust company, pay¬ by exchange. General obligations,
Pur¬
Dated Oct. 1, 1942,
Bank of New York.
Legality ap¬ Trust
Company.
South
Shore ness.
Due able unconditionally to the order unlimited tax securities.
chaser to furnish legal opinion at
of the State Treasurer for $1,760
proved by Dillon, Vandewater & Trust Company, Rockville Centre; Dec. 1, 1943. Bidder to name one
Sterling National Bank and Trust rate of interest, expressed in a The right to reject all bids is re¬ ;his own expense. A certified check
Moore of New. York City,'




,

Volume
^

.

Number 4111

156

'

•

„

'

;

'

,

THE COMMERCIAL & FINANCIAL CHRONICLE

I

til noon (EWT) on Oct; 13 for the
purchase of $9,000 not to exceed
4% interest coupon improvement

for 1% of the bonds bid for, pay¬
able to order of the Clerk-Treas¬
of the Board of Education, is

urer

Bonds

required.

bonds.

authorized

were

Dated Oct.

>

/ PENNSYLVANIA

bonds, of Federal legislation which
in terms, by the repeal or omis¬

Carbondale School District (P. O.
\

1,1942.; Denom.

{

Carbondale), Pa.

*;

,;

sion

Other Bids—The

$50,000 refund¬
1944 to 1952 incl.
Rate of interest ing bonds awarded- Sept. 16 to S.
Campbell, Ohio
;
_[
to be expressed in multiples of lk K, Cunnnigham & Co., and Phil¬
Bond
Offering—John B. Ross,
of 1%.
General obligations, un¬ lips, Schmertz & Co., both of Pitts¬
City Auditor, will receive sealed
limited tax securities.; Purchaser burgh, jointly, as 2%s, at 100.315,
bids until noon (EWT) on Oct. 10
to furnish legal opinion at his own. a basis of about 2.71%, as reported
for the purchase of $18,000 4%
in v. .156, p. 1005-r-were also bid
expense. ' A certified check for'
judgment bonds. •; Dated Oct. ; 1,
?.'■
1% of the bonds bid for,-payable for as follows:
'V 'rf::
1942.
Denom. $1,000.
Due Oct. 1, to order of the
Bidder—
Int. Rate Rate Bid
Clerk-Treasurer of
M.'.M; Freeman & 'Co...3J/4• ,;,100.82 '7
ns
follows:' $3,000 in
1944 and the Board of
.*
Education, is / re¬ Katz~& Q'Brien-, and Charles
A. Hinsch
1945, and $4,000 from 1940 to 1948
&
Co...,..,,.,.
3«/4%
V, 100.57 ;
quired.
Bonds were authorized Glover. & MacGregor r.
3',2%
100.127
incl. Principal and interest (A-O)
at an election on Sept/ 15. {
i
.-J; Pohl & Oo,
3'^%,
100.83
at

an

election

Sept. 15.L

on

■

■

$1,000.

;:

Due $1,000 on Dec. 1 from

1109

of

exemptions or otherwise,
subject to a Federal income tax
the interest
character

on

which

terms

of the

includes

of the amount

bid.

ject

to

the

successful bidder at the

city's

/Bonds May Be Subject To Call
—Bryce

Cleveland, Ohio
Bonds

Authorized

Council

of the

Board

v

The

—

^

Oct.

City

1005,

•

ordinance

are
in

all

the

be

reported in

as

order

Sept.. 15 passed., an
authorizing an issue of
$200,000
park " and'.: playground;
completion bonds.
'vy/'^r%fj 1
on

1,

v.

callable in their
the

156,.

are

favorable

Cuyahoga

County

(P.

Cleve-,

O.

reverse
than

redeemed

tax

the

at

are

to

time.

/ {

•y

one

/

;

.

anticipation notes was sold to
5 City
Treasury
Investment

funding bonds offered Sept. 18—v. Fund.
156, p. 827—were awarded to a
syndicate
composed
of
Halsey,
Stuart & Co., Inc., H. M, Byllesby

Due Dec. 1, 1942.. .* •11; J
'

Steubenville, Ohio y/y
Bond

Sale—The $38,000 paving
Sept. 21—v. 156, p.
Co., both of Chicago; R. S. Dick¬
were
awarded
to
son
& Co., Charlotte; Illinois Co. 909
Fahey,
Clark & Co., of Cleveland, as l%s,
of Chicago, E. H. Rollins & Sons,
New York; Kebbon, McCormick & at a price of 100.54, a basis :of
Bond Election
An issue of
about 1.41%.
Dated Oct. 1, 1942.
Co., Chicago; Milwaukee Co., Mil¬
$25,000 land purchase bonds will
and due Oct.
1, as" follows: $3,000 be
waukee; Martin, Burns & Corbett,
considered by the voters at the
in 1944 and 1945, and $4,000 from
and Mullaney, Ross &
Co., both of
November general ' election.
1946 to 1953 incl.- Second high bid
Chicago, as 13/4S, at a price of
of 100.43 for W2S was made by
100.16, 'a basis of about 1.72%.
Penn Township (P. O. R. D. 1,
Dated Oct. 1, 1942 and due $57,000 Braun, Bosworth & Co. of Toledo.
cH.!; Wilkensburg); Pa* "
»*--•{ «•/•
on April 1
and Oct. 1 from 1945
% Bond Offering—John W. Wason,
University Heights, Ohip:.
to 1954 incl.
The successful bank¬
Bond Sale—The $208,000 coupon Township. Secretary, will receive
ing group made public re-offering refunding bonds.offered
Sept. 21—j sealed bids until 8 p;m. (EWT) on
of / the
{bonds at«. prices to yield Vw 156,: p. 909—were awarded to !Oct. 5 for the purchase of $45,000
from 1% to 1.80%, according to
Otis & Co, of Cleveland,'as • foR coupon
township bonds. { .Dated
maturity. ' Second high bid of
Oct. 1, 1942.- Denom. $1,000.
Due
lows:/';7/yy/.;/y,,
101.28 for 2s was made by a
Oct. 1, as follows: $2,000 from 1943
syndi¬
$100,000 series'1942-B bonds sold
cate composed of Blyth, & Co.,
to 1957 incl. and $3,000 from 1958
*>
as 2V2 s, at a price of 100.461,
Blair & Co., Inc., Hayden, Miller
to 1962 inch Bidder to name rate
Due
& Co.,;; Hawley; Shepard & Co., ///{a basis of about 2.45%.
I; «$10,000 on Oct. 1. from 1947 to of .interest in multiples of V4 of
Fahey^ (Clark & Co., Paine, Web¬ •VV,>
1%. y Registered as to principal
1956 incl. ' '
'
>'
ber, Jackson & ; Curtis,
Lowry
108,000 series 1942-C bonds sold only.- Principal and interest will
Sweney, Inc., and Breed & Har¬
*//:;/as 21/4S, at a price of 100.38, a be-paid free of all taxes levied
rison. ;
bonds offered

&

—

.

'

J/

-

4

-

.

basis

>
i

Sanitorium Debt—The

Assumes

sanitorium,

terms

of

1,,

providing for the payment
by the county of the institution's

<'

i

Bond Sale—The $125,000 coupon

widening
bonds
offered
— v.
156, p. 827 -7 were
awarded to Stranahan, Harris • &
Co., Inc., of Toledo; asv 2s, at a
price of 101.665, a basis of about
1.84%.

Dated Sept.;

Biddsr—

Issue

to

Election—At

election

consider

an

Nov.

Bond I Election—An

and Otis &

Stuart

^

'

issue

of

at

the November election.

Montgomery County (P. O.'/'/
' Dayton); Ohio '

i!

'

f Bond; Sale-^The $320,000 ?series
J refunding bonds offered Sept/ 22

156,

909—were awarded to
inc., and
Ryan, Sutherland & Co., both of
Toledo* jointly/as IVzS, at a price
of 100.446, a basis of about 1.41%.
Dated Oct.* 1/ 1942 and due $20,000 on May 1 and Nov. 1 from
1944 to 1951 incl.
Second high
p.-

Stranahany Harris & Co.,

bid

&

of 400.421

for

IV2S

was

made

.

ft

.

.

....

Co.v7V>

Co.,

Inc..

■

-

4:'" •>'.-?i;"
1.388 00
.

2% : ^1.138.00

2^

981.00

t

71 2S
1,501.83

/

Mayer.,Uv.V.'

Montgomery School District,

cation, will receive sealed bids un¬




Co.

{

Water

by

a

:

:

and

Control

Impt. Dist. No. 5 (P. O. Browns¬
ville), Texas
Bonds

Sold

construction

To

r

RFC—The

Re¬

Finance

is said to have

Corporation
purchased $700,006

,

1942

Tax

1942

i^evy—The

the rate of interest.

tax

Dated

Oct.

1, 1942. Due on Oct. 1, as fol¬
levy for the fiscal year beginning
lows: $1,500 in 1943 to 1947, $2,000
Oct. 1 will be $13,407,490, second
in 1948 to 1952, $2,500 in 1953 to
highest in the city's history. Valu¬
1957 and $3,000. in 1958 to 1962.
ations of the various classifica¬
Principal and interest payable at
tions for this
year

168,930

as

70*t qqo

<uo,99U

are/land/$145,•

compared with

last

$145,-

place preferred by purchaser.
1Uirto4.

„

year,^buildings and

or
No

No

_

and

vpar*

default
default

on
on

thrcstcnccL

bonds

being re: $259,223,550
fs; funded.
compared with $257,199,250; tan¬ /
It is the intention of the City
gible personal property, $100,625,Council to sell the bonds at the

improvements,

tffhiAaSr^n^it ifrnidltv 0«m;q"

gible personal property
800

$195^511,-

against $221,859,500. From
these sources the city will receive
as

the

following

real

revenue:

rate' or combination of two rates
of interest which will bring the
nearest

interest.

.es¬

accrued

price .to par and accrued
Bids lower than par and

interest will not be

con¬

tate, $10,109,812; tangible personal sidered. > Rate or rates bid
must be
property,,
$2,515,631;
intangible in
multiples of {4 of 1%,
The
personal, property, $782,047.
;// award will be made to the bidder
The largest single increase in
or bidders
offering the lowest net
under any present or future law of valuation is in the case of Brown
interest cost to the city. Alternate
the Commonwealth; of Pennsyl¬ &
Sharpe1 Manufacturing
Co., bids will be considered on bonds
vania.
No bid for less than par which this year is taxed on a
carrying a 5-year option.
The
and .accrued interest or. for less total valuation of $11,225,840 as bonds
being refunded are of an
than all of the bonds will be ac¬ compared
with
$8,971,340
last issue dated Oct. 1,
1935, due Oct.
cepted.
In the event that prior year.
New England Telephone & 1, 1965 with
5-year option. Bonds
to ;the: delivery of the bonds the Telegraph Co.'valuation was in¬
have; been called for
redemption
income received by private hold¬ creased from
$2,186,640 last year on Oct. 1, 1942, at either the Chase
ers
from bonds of the same type to: $2,914,300; Nicholson File Co.
National Bank, New York, or at
and character shall be taxable by from
$1,998,400
to y $2,409,820. the American National Bank, Aus¬
-the terms of any Federal Income American Screw
Co., a subsidiary tin.
The successful bidder will
Tax Lawj. the. successful bidder of Nicholson File
Co., and Gorham be required to advance the money
may, at his election, be relieved
Manufacturing Co /both had their required for redemption of the
of his obligation under the con¬ valuations increased
substantially. original bonds and carry them
tract to purchase the bonds and
without cost to the city, other than
in ; such case the deposit accom¬
SOUTH DAKOTA
the accrued interest from Oct.
1,
panying his bid will be returned.
to date of their
Olivet Indep. Sch. Dist. (P. O,
exchange for the
Sale subject to approval of pro¬
refunding bonds which the city
Olivet), S.: Dak;
ceedings by the Department of In¬
will issue.
All bids must be sub¬
Bond Sale—The $2,400 3% semiternal Affairs and the Township
mitted on the uniform bid blank.
will provide the bonds and legal ann. funding bonds offered for
The city will furnish the printed
sale on Sept. 21—v. 156, p. 1005—
opinion of Burgwin,
Scully
&
bonds, a copy of the proceedings,
were
purchased by the State at
Churchill, of Pittsburgh.
Enclose
approval of the market attorneys
No other bid was received,
a
certified check for $1,000, pay¬ par.
who approved the series
being re¬
according to the {Clerk of the
able to the township.
,
>
funded, or of J. P. Gibson of Aus¬
Board
of
Education."
Due
$400
tin, and will deliver the bonds to
/ Pittston, Pa.
from Jan. 1,1944, to 1949 incl.
the bank designated by the
pur¬
Bond .Offering —John D. Mcchaser, without cost to him. En¬
Nulty,, City Clerk,, .will receive
close a certified check for
•

'

•

-

v'..;;■:/'! ?■/'Perry, Okla. I
Bond Sale—The $70,000

bonds offered for sale

156,v

p.

''

.

airport

Sept.-22
1005—were/ awarded
on

the

Small-Milburn " Co. {of
Wichita, paying a price of 100.016,
according to the City Clerk. Due

sealed bids until 7

29'for
coupon,

p.m. on Sept.
purchase of $100,000
registerable as to princi-

the

Nashville, Tenn.
Bonds

Approved

—

*

City Attor¬

2% of
the amount of the bonds, payable
to the City Council.
/ ;. •
;
/ ? ,

ney W. • C. Cherry is said to have
San Saba, Texas "
improve¬ informed Mayor Thomas L. CumBond
Dated Oct. 1, 1942.
Call
City
Secretary
$10,000 on Oct. 1 im 1946 to 1952 ment bonds.
mings that the city's bonding at¬
Ralph
incl.
Whittington• i states
that;
f«~ \ Denom. $1,000. ; Due $10,000 on torneys,
Chapmanr & Cutler of
4 Vz % ■ semi-ann.
Oct.
1
from
1943
to
1952
incl.
refunding bonds.
Chicago, have approved a City
Series 1937, numbered 1 to 213,
Bidder to name one of; the follow¬
Council ordinance authorizing the
Dallas, Ore. ;
;•
ing interest rates for all of the issuance of
$200,000 bonds for im¬ aggregating $213,000, are beingBond Sale—The $1,610.79 semibonds:..
1%%, -2%,- 2Y4%, provement and replacement of fire called for payment on Oct. 23, at
anni
improvement bonds' offered
the State Treasurer's- office.
De¬
%", 2%%; 3%//3Vi%; or"3lk%. and police
equipment, of which
for sale on Sept. 7—v. 156, p. 740—
nom. $1,000.* Dated
The bonds and the interest there¬
Sept. 15, 1937.
$100,000 have been purchased al¬
were awarded to the State Bond
Due from Sept. 15, 1937 to
on' will
be payable without de¬
1977,
ready by the City Sinking Fund.
Commission as; 214 s, at a price of
optional
after
five
duction
for
years
from
any
tax or taxes,
At the request, of the Board of
100.24, a basis of about 2.02%,
date.; /■/'- ; Z •/':"* *
;• ••/:7;
'
except succession or inheritance Puolic
Works, City Auditor C. P.
Due on Sept; 1 in 1943 to
1952;

pal

qnlyr funding

and

-

-

—

n

•

taxes/now

optional after Sept. 1, 1943;
Union Co. Public
~

Utility Dist.'
(P. O. La Grande), Ore.

,

Bond Election

—

It

ern

hereafter levied

or

v

is reported

wealth

of

Pennsylvania,

all

of

which taxes the city assumes and
agrees to pay.

payable

from

General obligations
ad

valorem

taxes

Moore

on

prepared

the

fund

condition

Texas

special report

a

of

which " stated

the

sinking

that ' the

re¬

■i.

(State of)

Proposed Constitutional Amend-

ment-^-At the general election

maining $100,000 of the bond issue Nov. 3, the voters will
could

pass

on

on

a

be

safely sold to the fund proposed
constitutional
amend¬
if the apprqval of Chapman and ment which
would authorize the

Cutler were obtained and if the Legislature to
provide for the is¬
taxing limitations im¬ bonds are kept in such condition
suance,
sale and retirement of
by. law-upon cities of the that they might be sold on the serial bonds
bonds, the proceeds to be
equal in principal to
in the acquisition of the East¬ third class... The enactment, at
any open market if and when it be¬ the total
outstanding valid and ap¬
Oregon Light and Power Co. time prior to the delivery of the comes necessary.
\
'
■
<v
proved
obligations
(warrants),

revenue

used

or

assessed thereon under any pres¬
ent or future law of the Common¬

vember, the voters .will pass on
Ohio the proposed issuance of $925,000

,; Bond Offering—Morton F. Hoff¬
man, Clerk of the Board of Edu¬

Cameron

bonds
.

.

'■

that at the general election in No¬

by the Ohio Co. of Columbus.

construction
margin,

,

tb'J

$5,000 fire department equipment
will be considered by the

—v.

2% Vk. $1,131.,00.
iU V
;i ->■"

OKLAHOMA

—v.

bonds

voters

1

-

2rr

Halsey,

3

5?'"

'

Middleport, Ohio

;

-

the

the ..voters -.will

issue of $49,000 school

building bonds.;

■■■•

/y.://

Premium
V:".''

.

Bond

i

V Int. Rate

Co.

Braun, Bosworth & Cow
r>h'o Co..

Liverpool City School District,
■':■■■{
' ' Ohio
■/}■:,■■■

general

v

■'/•

McDonald,
Coolidge & Co.,
and Fahey, Clark & Co.-.'.;
Fox,-.- Reusch & Co., William
■J-. J*
Merick?.Co..
and
•y Crou.se,
Bennett, Smith

Seasongood

//

Other bids:

.*

fire

East

15,/1942 and
$6,000 from
$7,000 from

due Oct. 1, as follows:
1944 to 1958 inch/and

$5,000 2% bond anticipation
provide for purchase of
department equipment.. Dated
Sept. 1,-1942 and due July 1, 1944.
notes

/

dated Oct.

are

Sept. 21

of

sue

1944

-

{1942::|'.^.;

1959 to 1963 incl.
*

*

•

street

Authorized yffy The
City Council has .authorized an is¬
;

Note

,

-

Dover, Ohio

1 from

•

Youngstown, Ohio

$720,640 bonded indebtedness. Al¬
though the debt- is payable over
a
26-year period, the Board of
Commissioners-said they, preferred
to liquidate the bonds over a. 20year
period • in
approximately
equal yearly instalments. No cash
payments figured in the terms of
transaction.

2.18%.:'« Due

on

;:A11 of the bonds

ment

the

about

Oct.
to 1952 incl..

y;

the..agree¬

.

of

$12,000

county {recently, assumed control
of the Sunny Acres tuberculosis

wide

—

bonds

Notes Sold—An issue of $146,000

re¬

.

of

said

are

have approved the issuance of

$20,000

issued sub¬

opinion

election

an

_

p.

event that less

outstanding

Springfield, Ohio
.■■V/'/':'v'v'"- //.."land), Ohio'
Bond Sale—The $1,400,000

to

Voted —At

recently the voters

.

Direc¬

of

tors, advises that the $705,000 re¬
funding bonds offered for sale on

pense%////://:\////
">

Browning,:; Secretary-

Treasurer

ex^

Bonds

held

Townsend, Elliott Munson of
Philadelphia and will be delivered 4% semi-ann. refunding, Series
to the purchaser only if and after 1942 bonds.
Dated April 1, 1942.
Pittsburgh, Pa.
Bond Offering — The Borough, the proceedings
authorizing the Issued for the purpose of refund¬
Secretary will receive sealed bids; issuance thereof have; been ap¬ ing not less than a like amount of
until Oct. 2 for the purchase" of proved by the Department of In¬ outstanding and validly binding
$35,000 coupon bonds. Due serial¬ ternal Affairs. Enclose a certified bonds of the district. Legality ap¬
McCall of
ly from 1943 to 1957 incl. Bidder check for 2% of the face amount proved by John D.
of the bonds, payable to the
to name rate of interest in mul¬
City Dallas.
Treasurer. ;//•;,
tiples of lk of 1 %. ,•/ //i.r ;;l'. /■;;
Fort Worth, Texas
(The above offering was pre¬
Bonds Voted—The City Secre¬
Johnstown School District, Pa.
viously referred to in v. 156, p. tary states that at the election
Bond Sale
The $200,000 re¬
1005.) ;:/•>
held on Sept. 15 the voters ap¬
//
funding bonds offered Sept. 23—
proved the issuance of the follow¬
v.
RHODE ISLAND
156, p. 1005—were awarded to
ing bonds: $275,000 flood control
a group
composed of E. H. Rollins
bonds by a count of 897 to 721,
Cranston, R. I.
&
Sons;' Philadelphia; r Singer,
Note Sale—The First National and $75,000 storm sewer equipDeane & Scribner, and Glover &
Bank of Boston was the sole bid-'ment bonds by a count of 860 to
MacGregor, both of Pittsburgh, as der
for the $200,000 notes offered 683.
l%s, at a price of 100.66, a basis
on
Sept. 23 and purchased the
of about 1.64%i Dated Oct.
Jourdanton, Texas
1, 1942 issue at {
0.84% /.discount
basis.
and due $20,000 on" Oct: 1 from
Bond Offering—Sealed bids will
The notes are dated Sept. 23, 1942,
1944 to 1953 incl. Second high bid
be received until Sept. 30, by Mrs.
and mature $100,000 May 24 and
of 100.568. for l%s was made by
Curtis Harrison, City Secretary,
$200,000 on Aug. 23, 1943.
for the purchase of $45,000 re¬
Halsey, Stuart & Co., Inc.
»
funding bonds.
Bidders are to
Providence, R. /.
Lansdale School District, Pa.
'v
name

■Watershed - Conserv¬
(P. O. New Philat 1 del phi a ), ■ Ohio)«
/' !> '/■

:;•

Dist. No. 2

deposited with the

These bonds

,

Cons. Com. Sch.
(P. O. Tyler), Texas

East

District

ancy

these

TEXAS

Bascom-Murph

■

payable at office of the Sinking
Fund Trustees. A certified check Muskingum

$350, payable to order of the
/city, is required; /"Legal/opinion
of .Squire, Sanders & Dempsey of
/Cleveland will be furnished the

or

entitle the purchaser to the return

(

for

class

contract of sale and

.

.

a

bonds, will, at the election of the
purchaser, relieve the purchaser
from his obligations
under the

■

-

bonds of

•

within

posed

the

•11

id
Shorewood Sch. Dist. No, 4

which will be owed by the Gen¬
eral

Fund

Revenue

1943..;

"

z

•

Sept.

on

1,

Z.

Bond Offering—Bids

.

(P. O.

j

Shorewood), Wis.

.

Will be

'

;

bid.

'

WISCONSIN

the

/<•'
1

Bonds Sold—The City

Clerk

than

re¬

not be

will

par

ports that $1,200 3x/2% semi-ann.
construction
bonds
have

their

Aug.

price of 100.16,

taxation

;

if costs of! the war are to be met.

X In a brief statement today, G. W.

to furnish suitably en¬
graved bonds and legal opinion at

sewer

taken

by one of the City's
Dated Oct. 15,

Funds.

Pension

Due

1942.

Kramer states that at the election

Sept. 15, the voters approved

by a wide margin the issuance of

air

$150,000

p o r

improvement

t

bonds, which are to be placed on
the

market

as

soon

ments for necessary

as

arrange¬

land

expense.

are com-*

behalf

on

of

Finance that
000

the

certificates, was

deposit

Dated

banks, -at 0.75%".
22, 1942, and
1943.
■
* ;.
.

New Victory Loan Totals

:Company and Issue—

bonds,

American

$6

Corp., income debentures due 1963--—--Sep 24:747
747
X927J
Sep 24 - V

.due

H,

mtge.' 3'/a% bonds,,'

?!:;
5

,

.

1

1st mtge. 5Vs'7c gold bonds, ser. B, due April 1, 1955-Oct
Houston Natural Gas Corp., 1st 4s due Sept. 1, 1955
Nov

-Kentucky Hotel, Inc., general mtge. 6% -gold bonds___^Oct
Libby, McNeill & Libby, 1st mtge. 4$, due 1955_^.^_^__Oct

1050

514

•.

,,

I'/f

Bell

865

:

606

If

f 783

i f 1839
961

1
2

1

$134

nroforrarl

15c

^

1

inslor

Personal

6

;

.

;$2:-

Sl

^

1

.

:

$2.20

10-24

l'/o
6r/<

"

t

10-

9-«15

Washing Machine, 7'v

Easy

*

,

75c.

Il-»»2"
v

—

pfd.

(accuitt.)zv;

(quar.);
"$1(4
(quarlKZ—Ji—-if ff" "$1%

$6. preferred

-

22c

10- 1

'

'

•

40c,j0,-l§"" 10-

,5

/ :$1V4
3§c

-J0-. 1

-

•

•

10- 1

.9-19

(quar.i—

11-

;

&

*

.

'

H9-30V 10- 1'

Z? 50c

1

r>-< 9-21

10-

1

V'?; 9-21

50c

.

9-30 '.Z-'* 9-21:
10-

1

.

872

a.

fA 9-23"

%2lk
"$2(4

1-2-43

<

4-1-43

—

r

•

..

-•

10-31

: 3c

When

■

Air Reduction Co, (quar.)^—

I

,

Extra

7%:

-r

Packing Co., common
preferred Iquqr.)—

..

Jo- 1

$2

j;:v. 6% preferred

9-23

■

(9-25

9-15

-9-28'*

•

iquar. i

$iy4

■

—

9-18

,' 10^15

* t ,.»*25c

Fuller Brush Co.,

■

.

i

- 9r30 'I,
10- 5 ?

'10-. 1» i

25c

;Z—

1

:'Class

-

'
?

f25c

11- 2

1

*.50c

c<55c

10-1

9-10

(quar.I;?$iy4-z*. 10-15 ?

9-30

■

(quar. 1 iuZ'Ziz-i?
class AA (quar.)Z-r:-_—— :

,




------^

:

;

•'

.

16c

preferred,

preferred

10-

1 "

9-19

9-42
9-16
9-18

11

60C

Gardner

Denver Co.,

15 c

Z-^_-

'

'

2

9-18

10-22

y

General American Oil of Texas, 6'f

conv.

9-25

10 -: i t

>

11

-K2X:

10

*f

10-

10 ■20W.I

7

10-29.

Z5c.

Z'ZZ'ZBc"

"'l'

9-20

10 •15

tl5c

pfd.

.General Finance Corp. (qukr.).
General Investors Trust (Boston)—

;*

9-39

10 •15

73c-

Af $3 'convertible preferred (quar,)-Z-??

?

10-22

11 -2

25c

(quar.)_^_z_t

common

■

20c

lnc.zz^Zz?z!Z'zwZZzz??-j

<quar.iz,J_ZzwZ;.f:?4?.i;Z2Z:Z/??f$lV4;*4J0^

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10-20

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-

,

•

.

Co..

59

•

1st preferred

iquar.t_Z__'

V

Sl'A

•

10-1

*

z

'

*

:

9-15

)"19-30 "
'preferred::Bl^„_?_z_~_-_?z„,.Z-'-^Z_Zz-At$0.0'>375 Z.Z 9.30

9-15

I'm

preferred A_,.-__-_-—Z——__Zzt$0.10937
preferred

Gr>

.??

9-30

t37l4c-

Tu,

eonvertible

Quarterly

^Montreal)---

f

•••

•

f Harris Hall

9-23

•

Hart & Coolqy

9-20

9-29

Hartford

,

•

60c

.

,

$l>/4

10-

Hartford Gas Co.Z common

9-93

' 85

v";

9-29

9-25

'

(quar.)Z^-Z-Z-ZZ;, ;5Z" 50c, :Z;
50c

—

Quarterly.'
:^Z^z„«Z„zZ.z.^—Z^^.z-;--ZZ_:_Z ?/•■:"
'Saryard Brewing Co! v(irregular)^_„Z-r,Z--r-

"

9-21

;

Zl Haughton Elevator, $6 prior
Haverhill Gas Light Co

.9-21

.•

(quar.)__

Coirrmonwealth Life & Insurance Co.

'

•Conn AC,

10- 3

0-18

G.)

Ltd.,'common

(quar.)

>preferred, class A (quar.)

,,75. ?<rftfe.rrert -fowi/v,
Consolidated Bakeries of
•

:

-

'((Louisville). ^_.t_ir,__Z„^',^_„^Z„z_.__„_.^„Z '

f

15c

:..lOc

*

."

v

9-23

9-25

'

10-

'10-15:

r

5
,

r

9-25.

z9«25.:
*

tquar.)Z-Z

•tI5C".J 10-1

9-30

9-17,
9-17

1

9-21

9-30

15c

9-25

—

$1)4

10-

1

9-23

25c

pfd. .(quar.)___w

.

10-

1

9-25

9-21

9-15

10-24

:
50C
Agricultural Co.; (Irregular)^^—-^
25C
Haves Industries, Inc.
(irregular),:—«zi-Z—
Z'$lVa"
Henkel-Clauss Co. $6 preferred (quar.)_—''
'u: 75c
Hershey<Chocolate louar.)——zi.-Z';.«ZZZZZ-Z
Z?.,: " $1
: $4 convertible preferred (auar.)ZZ-Z-^,r—
-,r?$,l';
Home TeL fc Tel. (Fort Wavne. Ind.) (quar.)

10-3

10-

9-18

1

1

8-31

;

Zzz^Z„^.zz_^zt._z'
Canada

9-21

10-15

9-30

10-

40c

Hawaiian

9-23

9-15

v

2

9-22

9-21

Hartford Steam Boiler Inspection & Ins. Co.—

9-29

common
(quar.)Z_z_ ^25e ? j9-30,*
7ti'---prefftrred-'(nuar..)ZiZ.^iZ_i^^^Z'Z^ZZ'$l3/49-30
Commercial Banking, 7% preferred (quar.)V '95c-30- 1
$-1,20 prior, nreferred ;(ijuar.)i_-Zzw—,ZZ'--.• 30c, • 10- 1,
Commercial Trust Co. (Jersey Citv) (quar.)
50c
10- 1

preferred

9-30

1'

11-

■

9-*30

10- 8'

10-,1 :

683/Zc

(quar-l'-ZzzZ—-_zzz-

<

Z 10-15

Co.■''(ouar,)z,zz^.ZZZ--Z-;--r.-;-?-i,,-.;v5("$l:

Electric Light

10-15-

10-15

eon v.

9-25

9-23

1

•t$2V2

pfd. (quar.L
Co.,' 55 preferred (quar.).

"Co ;,"$£To

i$iy8

10- 5 Z
10-

v-

9-2L * Z
9-21

•

10- 1

t$i

^

Z-Z^ZZAZZ?^ZZiZ*Zzz2--^r?zZ!.Z;

-Halle Brothers

Columtms Dental Mfg.,
v

f

-

•

10-1

,

-

9-15

$5'-preferred-Zj.-zZZ-Z;-'','''?*:t$l'Vi'''<>'10-:''&!
,*":z 20c
10- 5

-'(quariZ^-^^Z,---25c

Guarantee Co. of North, Am^r.

:■•

"

10-;,1

..

??;?■: $1,: •t.

preferred^^--_ZT__-

9-!5

preferred

C-p"eland Cliffs iron,

Z .Group Corporation, 6'Z

,

9-22

9-30

50c

5$1 •'
$114

10- 5

10-26

2VaC

'Z?Grqn'(i ■.Vaney'RrewlngZZ-ZZ-ZlzZZ-ZZ^ZZZZzZ:

8-28

■

Cliffs, Corporation
Cohen (Daniel) Co.

9-30

■

$1^4

9-19*
:

9-21

10

15c

Clalveston-Houston

-

9-17?

',9-19-

(quar.)

.

-•

10-15

9-19

10 •1

75c

A1 -(quar

Fundamental Investors,

9-17 ?

-

.

of Ree.

10-15

,25q.19:15
jl0r-.3.-,.
(qiuir.10-, .1' ?' p-ig
,

10-15'

10

'/a

25c
i.

;•

'

-Albany

Z?> 9-24-

9 •30

50c

muar.)»-? IIV2CA- 10- 1
ChiJlieothe Paper,. 4.'/a 'X preferred, (quarj ■
.Sl'/fl
; 10-z 1
-■* City-- Investing Co.,
%%. preferred-^^—izzzi-'
/ t$l?/4-' -lO- 1
-Clearing
Corn; ■tcuarj:_i_ZZ__--?l4Z;:?;":':>2^e'-?v 30- 1
,

Holders

Payable
:

10-21

10

75c ;

.

preferred C_„__„--__r-,.__,______-_t$0.03375, , 9-30
Chibagd ds Bouthern 'Air -Lines,. Inc,-^-'CX "z,%-rr?"'■

v

share

!

10-10

10-1

•

(quar.)ui4
.

5'

10-

10-31

,

\

12-11
3-12-43»

10-15

25C

(quar.i—

9-199-19

•

,10- 1

,

,

-

'

1

75c

(quar. 1

(quar.)
(irregular)

*'

*

1

10-

$1'/»

.

Co., Ltd.

9-30

10-13,
1

,

Great Lakes Steamship,Co,i^ZZZZZlZzizZZZw
10- 1 ?. 9-22
Central Hudson Gas & Electric, com:^"(quar^l ? 1 17czvlilis 2 - 1 9>-30 ;;
Green (Daniel) Co., ioriimon; ((irregular)zZZZ
4*4-;-; preferred (quar,)_*^^_._—>
6'Z preferred ■ (quar.)
SlVa — lO-. Lv-; 9-18
Central States Electric Co., 7? preferred. A-*' '?t43%c-!"?z!9^09il5? ';' Griesedieck Western Brewing (iyregular) .Z-

■

previously.announced, but

(irregular)

1

10-

25c

(quar;)—

Quarterly

I

Case Lockwood &

Investment News Department" in the week when
declared.
■
;■
"
.?
!>■

Name of Company

10-

;

$1 Vb

(quar.i__„f_

(quar.) —.r^r
&
Property Trust (Mass.

preferred

Carnation

792

and

Fund, .-Inc.

6'

9-15-

9-25
10-10

.

,

968

which have not yet been paid, Further details and rec¬
ord of past dividend payments in many. cases are given
under the company name in our "General Corporation

AffiJMed

10-

,

872

^

second table in

Per

10-6

.

'!

The dividends announced this week are*

1 •'.C
1 ?

.

!

a

II-

10-31
9-19 ?? Field (Marshall 1 & Co. (quar.)—.—i-.z—
.
20e
10- 1
9-22
Filing Equipment Bureau, 4'1 - preferred-ZZ- " - ' t$3
;:12rl8 ; 12- 3
First State Pawners Society (Chicago)—
'<$■ •30
11- 2.,. 10-10:. Quarterly zzfi-4—;/v:\'$l.3/4l;
10 -MP:
vlrr
Fisher Brothers, $4 non-cum., pfd. (quar.)—
•
$1

25c

—

B'r

zfollow with

we

9-21!

Zip- 1
PI

15c
$1

t

Vk'h preferred (quar.),—•'
Fall River Electric Light (quar.)
Z—
' Farmers & Traders Life Insurance (Syracuse,' *
.
N. Y.i (quar.)—
Zz——Z—-—1-,-J

-

9-19

43%c

iquar.)_^
^_._z

Fairmount Creamery, common

'

10-.If,.9-25
*"10- l ,- f9-25.

25c ;

fi'-v

Then

•

9-21

9-30

.

(See Volume 155.

show the dividends

5

•9-21:
'

•'

967

grouped in two separate tables. In the
bring together all the dividends announced the

we

<

■

DIVIDENDS

which

9-30

|->PAff*rr<»rt
10*>7
hi.'
m_i<*
' o.on
'ZV
riana-nl TVTo«V>Pnm
mmmnn'
9-18
:
■";Z'"f'S5c' '10- 1 z
General Machinery Corp., common
preferred series 1927-Z--------i--ZZ.SlVz" I10rl5
9-30
9-I8
10- I z
Converters Co., Ltd. (quar^ZaZ-iz,?;!?:150cJ J0-311; /' 9Z30 "•
$i>/«
AVi'Ji preferred (qu'ar.')ZZZZZ___Z—
10-15 5 10- V VZ".
Canadian Fairbanks-Morse, %'!, pfd. (quar. 1 ?' $$l V2 ;; lO-lS- -9-30 ??Gilmer:fL;-H.)'Cb.zz-.ZZ;zlZZZZZzzZZ^Z'ZZZZi -'(
20c
t 10*
9-30
1 •
:Cannon Shoe Co.. common (increased)
v
20c
10- 1
Glatfelter IP. H.) Co., 6'4'Z pfd. (quar.)„_y zlz $1s/B
9-21'
9-18
9-25
;, 5V2tt, ■ preferred,(quar.i
683/4C
10-1.'?, 9-21 ; Z Gleaner Harvester Corp. (irregular)__zZi.zz ;z,5:90c
9-12 ■' Z..04;:2(ZZ;Z
:> 25c
Capital Finance-Corp.^^Z-iZZ?^-^Zu.Zz?^zzz:4^:^;\75c^?.^9-25-,.-'?v-z.;z, Z" Globe Steel ■ Tubes .Co.Z-i-r.--V.— ■
11- 2 ; 10-15
Carborundum Company
;
Gotham Hosiery Co., I'm
..
$1
9-30
9-22
preferred (quqr.)Z; ?V-:, $l3/4

are

Current week.

-10-15

y.1111-205
;

10C

.

Esquire, Inc. (reduced)
!_*
'
Fafnir Bearing Co. (quar.)_'_—^

10-,21"
9-23 V
9-24

jo- 1"

$1-%

M

(quar.)

Inc.

fi'Z
G'i

';.

we

10-10

10-30 h

50c
$1%
117Vic

Electric Bond & Share Corp., $5 pfd.

J*; 9-25

1

Canadian

966

<

,

:

ser. A, due .1951—-Sep 28
.Westinghouse BldgH N. Y. City, 1st mtge. bondsv_—
^^Oct
1
Williams (R, C.) & Co., Inc., 1st mtge, 6s, dated 1935—Oct
1
Wood, Alexander & James, Ltd., 1st 6s, dated 1924
;_Oct~, 1

first

9-30

10-10*

10-30 V? 10-15'

'

r*

Early & Daniel Co., common.
7'<
preferred
(quar.)
*_

.California-Oregon Power Co>—

964 V

701

1

1

Dividends

9-23
'

•

10-15 y'$ 9-28* :

J:' 15c

Dominfon"Stores."l0c

*

>

,11-6

.

Z—,

common

Brooklyn Union Gas Co._i
Burkhqrt: (F ) Mfg., commoh

''789 ■/

1,

Union Water Seiwice Co., 1st SVaS,

•Announcements in this issue.

9-30 f.

9-30

10-20

f $1

preferred—--

D^ainion Oilcloth & Linoleum (quar.)—Z—

9-25

:

hon-cumulaUvcTconvertible

J Dixie Rome Stores (quar. >

50c

Co;

Brompton Pulp & Paper

;;

f' ' ; *
-f'-i

York Ice Machinery Corp., 1st 6s, dated Oct. 1,1927——Oct

:

10-10

■

—Oct

10-10"

25c

—

!—

(C.)

Brewer

2;;

Taylor (Wm.), Son & Co., junior preference shares

11-16

10-26 ;f

25c i

Products

9-26'

12-15

.

25c

k

r

9-124

9-24

•

<

-

.

Yards

1059

1

10-

:

.

20c; 10-

(quar.)

preferred

Corp.

436

1

Stillwater Worsted Mills, hxk %-.■ debs., series A, due 1943_Oct

11-30

•

10-1

t$2

Detroit Gasket &
Detroit Steel

t

;9-28

Jo-1.

.

Callaway Mills

1956fOct

Co. 1st mtge. 4s, ser A due

Z

>12-20

15c

(A.i

50c

Storage Warehouse

Brink's,

"165

1

^__„Oct

'Springfield City Water
:

9-30'
9-30

,

1057

.

-

't$7 :?ll-25
62V2C ''** 11-. 1.

iquar.);e

Brass_Z-———

Brandtjen- &. Kluge
t2288

Sep 30

'';*- ' bonds, due 1956_

Edison

&

Bourbon .Stock

2

_Nov

■Sisters, of St. Joseph, Alberta, 1st 6s, due 1937-1948„
Jan
Southern Natural Gas Co., 1st mtge. pipe line 3lUrU

.

2nd prelerred---

common

4(4^-

Aluminum

Boston

•

incl

De Pinna

common

Brainard Steel

North Boston Lighting Properties,; 3Va 'A secured notes,
' 'v
.: 'r
due 1947 V-'i867

"J"

7'i

(quar.t

Boston

785

,

.

—

to

9-20.

-

10-20

^

Telephone of Pa.

ri"'i; Quarterly

■

"C"

10- 2

9-30,
10-10

37^c

:

v«

1

.

1

2

10-20

preferred (quar.) -i.fi:

preferred

Associates,

Boston

"

-

1st mtge. 5% bonds due 1952-^^Oct
Pittsburgh, Cincinnati, Chicago & St. Louis Ry., con sol.

10-15

;

1,

9-19

10-

.v

9-30

(quar.) j

Light

preferred

Bohn

433

gen. tntge. bonds; ser. A, .dated
1, .1935-Z„u-^—^.—19
Newport News & Hampton Ry., Gas & Electric Co., '
v
1st & ref. mtge. 5s, due 1944
Jan : 1
Noel & Co., Inc.. extension notes dated 1935
1
Oct
1

Co., 1st mtge. Is. due 1947—

Gas

Bobbs-Merrill,

962

1

.Parr Shoals Power Co.,,

10-20

?

(quar.i*

Birmingham Fire Insurance

.433

.

1

Ist prefetence stockZ-—^_.'—_^Nov

•

10-1 -V ?
■f;

$l3/4

■

10-

.

'

'10-23

11-30 v-' 11-

10-15

65c

Co., 6? conv. pfd. (quar.)
Derby Oil & Refining, $4 conv. preferred..

'9.-18

il-16

50c "

*

9-18' i

10- l

10-

ii'if!Common (irregulatffi-flL^ifiif^ifi—'■
10c
.J" Common (irregular' sSf

v' 9-32

10-

11- 5,

10-15

' Crocker Wheeler Electric Mfg.—

a5c f 10-20 y-v 19-30 r

f

<

—

—

!

fv' Creamery Package Mfg.

-28
10rl5'v 9-

'9-30

(quar.t_—:—_—

Courier-Post Co., 7',* -preferred

.^

11-20,

.

866

1

'1

Oct

9^30

11-2

preferred

-.-I'm

9-21

10-14-'

,,

30c
+$3
t$2%

Rubber; ;60c. special pfd. (initial)—

'

11-16

->

A

75c

(quar.i__—19.-30, *;!.9-30 : "r.. Federal Electric Co.. $lVa Class A„—Z_—Z—
• ■ 25c
Belt RR. & Stockyards, common (reduced)Z-' .v "z 50c ; TO- 1;v
9-20 '
Federated Department Stores, com. (quar.i_
35c
: .6^
preferred (quar.)—
z
" 75c
10- 1 r
9-20
•' 4V4^ convertible preferred (quafv)_iZzX'ZZ:ff;$li)6V4
Biltmore Hats; Ltd. (quar. )
:Z'_
' tloc
10-15* 10- 3 "
Federated Publications
.
25c

Nov.

mtge, bonds, series

of Ree.

I 10-15*

2

'

Ptf'.L

Dion

convertible

Beacon

■

Potrero Sugar

;

(J. T.t

? 5'>i

f

New Mexico Utilities' Co.

-Outlet Co..

Z Mr- 1
510-10.

20c

..

,

$1%
(year end»_—^

-

9-30

11-

?12- 1

(Abilene,

Bausch & Lomb Optical,

514

1

Utchfield ■&

1947—

*

,15c

preferred (quar.)
Chemical, S'/a'/J pfd. (quar.i—
BancOhio Corporation
Bankers-Trust Co. ..of: Detroit (s-a)
—_1_

959

;

3

.Michigan Chemical Corp., 5VaS debentures due 1949
Oct,
Missouri Military Academy, 1st mtge. 6'y
bonds
Oct
Moran Towing Corp., participating pfd. stock__-,
—_Oct
National Gas & Electric Corp., 1st lien collat. trust-

Thrift

Baker

*

,

1

Madison Ry.,- 1st 5s -due 1959——__^__,^ZNov
Long Island Lighting Co., 5 V2 •% debentures, due 1952-_Oct
Magor Car Oorpf 7^ preference stock-..'
t.
1
Oct

$1%

'

Badger Paper Mills, b'u
-

2

Converse

$1%

(quar.)*

(quar.)
(quar. >—

Container Corp. of America

'

'

pfd.

"j60c, special preferred_u_j
—
Cooper (Peter) Corp., 6(4'k preferred———
9-23
""
Corn Products Refining, common (reduced) —

{**•%'

*

r $1 *4 '

;
Class 'B (irregular t
Babcock & Wilcox Co.

,

bonds, series B, due lune 1,

Holaere

(quar.)

Axe-Haughton Fund,

S59

,

1

1st mtge. 6% gold bonds, series A, due July 2, 1943—Jan

5'f

Payable

'

-779

'Hartford Electric Light Co., 3'/? .'debentures dated 1937_Oct». 1
Heywood-Wakefield Co., 5',v
debenture bonds..—..
Oct ;
Home Telephone & Telegraph Co.—
;
.

Telephone Co.

-preferred
Automobile Banking Corp.
$1.50 convertible preferred

864

1955JNov.

> *

■,

Del. ,(irregular)

Autoiine Oil Co., B'/r

:*
957

1047

ser, €„ due

Seal-Kap of

prior preferred

Attleboro

956

!;::

1 '
1"

lst mtge. & coll. trust 6'/2? bonds,

*

-

1

(q.uar.)

Arkansas FUel Oil, 6V
Associated Dry Goods,
A floe

1 /

Oct

*

Atlantic Rayon Corp., $2.50 prior pref.

Eaton Paper Corp., 1st mtge.
bonds^ due .1943C. H. R. Foundry Co., 4'./
debentures, due 1950

v*
bonds, ser.^ A, due 1956_Nov.

i'

''

-

Nov

9-22*
.

9-24

European .Securities—

preferred

1'ir

863

1

;

When

share

Company

Consolidated Cigar Corp.y"6Vi'k

9-30

7%:. preferred
9-161preferred

Anchor-Hotting Glass Corp., $5 pfd, (quar;) .f j. ;$i^4-r?-lo'-.l
Apex' Electric Manufacturing,
-25c^0- 1

1014

Duluth, Missabe & Iron Range Ry., 1st 3'/^s, due 1962—Oct
•Eastern Car Co., Ltd., 1st mtge. 6^' bonds,, due 1952
Jan

;

Name of

..

.Ameot^».>l^rey.jfe<'Cal»te;.>('reduead)

due

2

Inc.—

.

1st preferred (quar.).

lr/f
5%

;1968z.?-^I-_---U^-i:_ut?-??,^-U-?bct,^id;;!!;,;;-3'955

1st mtge. & coll. trust biz'*

*

$229,-

;

: x

gen.

J

10- 1

a

•• -

-

American Smelting & Refining, common

•

American

1st mtge,! 5s due 1944_Nov

..

IzBi^S %

QUEBEC

Three Rivers, Que.
Bonds Sold—An issue of

Per

OfRtOr

Ai

preferred

American

'

Cincinnati & Muskingum Valley RR., 1st mtge. 4s_—_^Sep 30
Community Power & Light Co. 1st mtge. 5s, due 1957—Nov I?

Oeneral Public Utilities,

Bonds,

Loan

interest, will be

Holderi

-<•' Si1/*" '-lO-'l

*-

__

Line; 1st mtge. 4VaV« ?
bonds,

5c \

____

pfdZ(quar.)„l_Z:..

Maize-Products, common^_>i^-i'i- ;t!/ "
5;Z75} preferred tquar.''
American Manufacturing Co„ common^
50c
Sl'Apreferred (quai:.j!__--!l-"----.-?_-:--American Safety Razor^
25c;
I
'
I— ' •

Mining Co., dVi'' deb.,*, due 1950-l-i.Oct
1 ' " •'.747
11827
mtge. bonds—-^Oct
1
10-year 5^ .notes, due 1945-'—Dec 15? '■/? v*:'

Dallas Office & Club Bldg., Inc.,

Victory

•'

.

.series

effort and every

be devoted to ensur¬

Scarborough Township, Ont. a
Call —James O. Kessack,
Township Treasurer, calls for pay? 5
ment on Dec. 15, 1942, certain-out*
standing debentures, dated Jan. I,
•1940, maturing in 1953 and 1954,
Upon" presentation and surrender
of said debentures at the Canadian
Bank of Commerce, Toronto, pay^
ment will be made of the princi¬
pal amount thereof together with
accrued interest to Dec; 15, .1942. ;
Any debenture holders wishing
to obtain payment of their bonds
prior to December 15, may do so
on presenting
said bonds at said
bank, where payment will
be
made for the bond, plus accrued
Bond

*

10- 1

*

American"

Print Works, 1st
Atlantic Coast Line RR.

Central Maine Power Co., 1st &

(reduced quar.)

preferred (quar. > Z«IZ
Fidelity & Casualty Co. (quar.)
American Home Products Corpi (monthly

-.

.

mtgje.

•Z t$l%

(qutir.)_Z'

.

Serial 6'm " debentures dated

1st

pfd.

I'm

American.

"tZiLJz

bonds due April 1,
Temple M. E. Church

V

Payable

.

American Machine & Metals, InC; 4(m'
de^. due 1943—LOct 26.
4'r debentures (as extended* due 1950—-Oct 26

series A,

Dated

11

announced later.

} When

-

Share

American Pelt Co., 65

;

!' ■. 'due.; Feb; 1,1944_i^^lL.^ • ■

Houlevard

every

and* the rates of

forj

.J Per;
"

'(Reading, Pa.,)-*-

f Vjj -Qiiaa-t-eyiy .v. -4

Date

■

Albany RR. Co. Main

banks, at
Sept. 8;
1942 and due March 9, 1943.!
!
interest.'

; Canada (Dominion of) •"
Canada's fifth war loan, announc¬
000 -V-ktfe and 4%
improvement
ing that the Third Victory Loan x Deposit Certificates Sold — The bonds was: recently sold to Mr.k
to be opened on Oct. 19 would Bank : of Canada
announced : on Guy Bournival, of Three Rivers,
have an objective of $750,000,000.
8 on. behalf of Finance Min¬ at a price of 97,22.
' IZ* * / \

American Casueity-Cb,

/Anegh&tty.vporp., 15-year collab. trust con-v. 5%

&

Na¬

the

Committee

■,

success

the. .Third

$750;^

000,000—Finance Minister
on Sept.
18 raised his sights

Amalgamated Sugar Co.

Below will be found a list of corporate bonds, notes,
preferred stocks called for' redemption, including
those called under sinking fund; provisions.
The date
indicates the redemption or last date for making tend¬
ers, and the page number gives the location in. which
the details were given in the "Chronicle."

Boston

chartered

the

to

0.75%

of the forthcoming
interest at the rate of 4*4%.to date
loan." : 'Z vZZZ Z'Z'tZ
ZZZ.i;'''
:'
i
^
3'Denominations and maturities of of, presentation, < Z':z:zz,i

ing the

Sept.

March 23,

.American Aggregates, 5'*

and

Anaconda Copper

of

Finance

penny must

soldj

chartered

to

Alberta Wood Preserving,

•;

Arnold

sold

'

Notices

Owners

thought,

$40,000,

t

Allied

War

of! increased to the degree that every

Minister

issue of

an

Name of Company

Redemption Galls

-

Sept.!

22

$125,000 cor-\
porate purpose hoteS offered for'
sale on Sept. 21—v. 156, p. 911—
a block of $80,000 was purchased
jointly by Mullaney, Ross & Co.,
and the Channer Securities Co.,
both of Chicagq, at 234"%;.
Dated!
Oct. 15, 1942.
Due on Aug. 15,
1943; optional on or after March
1,- 1943J'-J«.^:-;;;
The purchasers were granted an
option to purchase the remaining
$45,000 on or before Dec. 1, at the

Wis.

tional

Deposit Certificates Sold—The* which organizes loan campaigns,
said that * the financial need "is
Bank of Canada ahnounced;

Note Sale—Of the

Voted—City Clerk F -L.j

Bonds

Spinney,- Chairman
Canada {Dominion of)

"«

Stevens Point, Wis.

Oct. 16, 1960.

on

La Crosse,

on

own

carrying

are

purchase of War Savings stamps

.

less

value. Bidders will be j

.

Canadians

0.97%Dated

at present, greater: support must
1942. Due on Aug. rl -ihi be
given Victory Loans and the

1,

1947 and 1948.

office.;
for

and

•

-

cago, as Is, at a
a
basis of about

required

been

sold

1941,

June,

.

(M-N) payable at;

Treasurer's

District

Bonds

of

White fish Bay Sch. Dist.' 'Noi 1
February this year. The First and
(P. O. 1200 East Fairmount Ave.,,
Second Victory Loans—each for
Milwaukee), Wis.
$600,000,000—the i January, ■ 1940;
;
Bond Sale — The $60,000 semir
$200,000,000 War Loan .and the
ann.
refunding, Series of.! 1942
Sejptember,1940, $300,000,000 War
bonds offered for sale on Sept.
Loan, all were oversubscribed.
23—v. 156, p. 1005—were awarded
I, Mr.llsley. has stressed that in
to i Daniel F. Rice & Co. of ~Chi^*
addition to the new and heavier

''-Z'Z;y,:'Z!: 1 -Z Z; Z?,? V;:,,

y

Prin. and int.

1 (P. O.

Green Bay Sewer Dist. No.
Green Bay), Wis.

.;;

•

•*'}?:(<

tory <: Loans

re¬

ceived until Oct.

Victoria, Texas

;

The
objective is $150,000,000 ister J. L. llsley that an issue of
higher than that set for the Vic¬ $45,000,000 deposit certificates was

according; to

rate,

the City Clerk.

1, at 8 p.m., by
Leo J. Landry, District Clerk, for
Bond
Offering
Not
Contem¬ the
purchase of $111,000 not to ex¬
plated—City Secretary J. P. Daly ceed 4% semi-ann. refunding, Se¬
states that1 the
$150,000 airport ries H bonds. Dated No, 1, 1942.!
bonds
originally
scheduled for Due on Nov. 1; $55,000 in 1957,
sale on June 22, but postponed,
and $56,000 in 1958.
A certified
will not be reoffered for the dura¬ check for
2% of the par value of;
tion.
:V:; y/' /z..? >
the bonds must accompany the '

'Z

interest

same

v

.

^'rFpnqlutu^^RVantatipnvCoiu.<:ir);Pg9lgr?,r--V-rr~
; ^.vHonqmu Sug&i' .:Cb,/;,Ltd,-^^^--'r-Z5-5.-Z--?rt' r
Howell Electric Motors

Co.ZZ-Z—;,•---

11-16
9-30
•v.

20c'.;
; ? IOC

-

10-24

,

10-24

11-16
;

Z 9-27

:

.

10" 1.0 z-.
*9-21';;, z.9,-»5;:-.:
9-30

9-2*

Volume 156

Number 4111

THE COMMERCIAL & FINANCIAL CHRONICLE
Per

*

Name of Company

When

share

Hussman-Ligonier, 5y2% conv. pfd. (quar.)Y
5'/2% convertible preferred (quar.)

Holders

Payable

Per

of Rec.

68 %c

9-30

.68%c

12-31

12-21

dep. rets, for ord. shs.

Indiana

3%

.y______y!

Independence Shares Corp.____
Independent Pneumatic Tool Co

(interim)

4yac

$5 pfd. (quar.
Pipe Line 'CoY_YY~Y__
Inter-Island Steam & Navigation Co., Ltd.—
Indiana

Securities, 4%

pfd.

International Bronze Powders,

30c

International

10-

1
1

9-21

10-

50c

Fund

Investors

1

10-

1

37>/aC

(quar.)__

10-

10-15
10-

Inc._c.__YY__—

V/o

v-;.

James

Manufacturing

Jeannette

Johnson

Glass

10-15

$1%

9-15

.Johnson

Kansas Power

&

10-1

20c

<quar,)__„_

St.

1

$1

10-15

10-

5

4$l3/8

10-

6

Savannah

6

Schwitzer-Cummins

Knapp-Monarch
$2.70

$2.50

preferred

Laclede

Christy

Laclede Steel

Petroleum

Lago

Lamson

&

9

11-

10-

3

Sessions,

9-20

1

4

Cruz

Seaboard Finance

$2
$2

!

preferred

convertible

Securities

$21/2 preferred

9-22
9-22
9-22

9-30

9-22

Security Storage Co. ;(Wash.,' D.

(9-30

9-18

Sefton

10-26

10c

common..

(quar.)...:

Investment

Leece-NeviJle
,r

Tire.

&

Co.

Leland Electric

62 Vic

10-15

preferred

Fibre Can

Seiberling

Rubber—*■;

;w: 9-19
10-15
9-26

10-26

10-15

Shasta

Water

30c

10-10

9-28

Shuron

Water Co. (quar.)
Liberty Loan Corp., class A
Class B (reduced quar.

_!

11-26

10-

1

9-21

Simpson's, Ltd.,

10-

1

9-19

Sloan &

10-

1

y 9-19

11-1

10-21

;: 7Vic

preferred

(quar.)
Life Insurance Co. of Virginia

1

7Vic.,;

(reduced quar.).
______

12-

87'/2c

Simplex

Tel.

Class

f

5%

Tel.

&

A

(quar.)

preferred

(Del.)

_________

Lord & Taylor,

J.),

9-30

10-10

9-30

YyYYY_Y-_Y yf 50c

10-10

9-30

Southeastern

9-30

Lowell

:

Valve

5l/a%

(Irregular)
Manufacturing Co.—

non-cum.

7%

\

2nd

5%

27V2C

.

Manhattan

9-21

Calculating

Marsh

<M.)
Mills

&

Sons

(quar.)___Y—__Y
6%

Corp.,

preferred

Maryland Drydock Co.,

1010-

10-15
10-

420c

10-15

—

7%. preferred
Massachusetts Investors

6y2%

Trust (irregular).!,
Utility Associates—
participating preferred tquar.)

19c

9-18

Suburban

9-23

Superheater

1

9-19

10-20

9-30

9-30

6%

35c

.

$1V4

v

:

10-20

2

:

.

11- 2

10-10

12-15

12- -1

$2y2

9-30

9-30

10-15

9-30

'.'tv! $3

(quar.)

.

Merchandise National Bank of Chicago—

Quarterly

—

y__*y—yy__yy_.-~_ yy

Mickelberry's Food Products—
$2.40

preferred

Midvale

(quar.)

Company

,

.

Loan

5 '/2 %

Society,

preferred

Montana

$6

Power

Montreal

class

(quar.)

Radio

Co.

60c

Bank

Northern

States Power

$5 preferred

Ohio Leather Co.,

8%
Ohio

5%

6%

Loan

Discount,

Packer

Advertising

Corp.

Corporation

Chemical

Patino Mines &

American

Penmans, Ltd.,

preferred

9-24

Washington

10-15

9-30

West

9-30

1

9-24

10-

9

50c

10-

2

9-30

9-20

9-30

9-25

75c

9-30

9-23

t$iy2

10-

1

9-23

10- 1

9-29

$iya

9-30

9-30

$i

11-19

10-31

15c

.

9-30

9-24

50c

9-30

9-21

25c

10-10

9-25

; 20c

10-

1

9-25

$iy4

10-15

9-30

,.,$iy4

9-30

25c

10-

1

$2

Y

10-

1

9-23
.

9-23

10-

1

9-23

—

10c

10-

1

9-30

r-r-r-i

$l'/4

10-

1

9-30

$lJ/2
Y; $1

10-

1

9-30

10-

1

10-

10-15
10-

2yaC

10-15

475c

10-

11-

11-16

1
5

4$1 Vi

11-

2

10-21

$1,27 y2

12-

1

11-

—__

$iy4

1

11-

1

10-15

30c

11-

2

10-

9

$1.10

11-

2

10-

9

—_—_

Pittsburgh

Thrift
! '

u

:

Corp.




.

:

.

.

»

•r

;

10-

10c

(quar.)
.-

American

1

9-19

12-15
12-15

1212-

'

5
5

9-30

10-15

,

1

10-

$2
25c

10-

1

t$l

11-

2

10-15
10-20/

."V 50c
Y $l

!

10-

10-

8

10-14

$1%

10-

v

9-15

Co.

$5

Hard

Hardware

Home

Insulator Corp.
Insurance
Investment

$2

preferred

4$l°/4

10-15

9-30

50c

9-30

9-21

convertible

2nd

Wisconsin

Elec.

Worcester

Co.

Worcester Suburban

Wurlitzer

4

Electric

(Rudolph)

Co.,

11-16

11-16
9-30

11-

50c

2

9-25

2

9-29

10-

2

9-29

9-25

9-17

!

TO-

10-15

9-25

10-10

10-

10c

11-30

11-20

9-25

9-17

&

———

Checker Cab

Youngstown

Steel

Car

Co.

(Consol.)

Co.

(quar.)

-

t$l

10-15

10-10

Y

15C

9-30

give the dividends announced in previous
weeks and not yet paid. The list does not include divi¬
dends announced this week, these being given in the
v

10-21

15c

/f,-J

(••

♦

1

9-30

9-16
10t

2

9-10

Art

Arundel

Per

W. Properties, class
cumulative class A

Abbott

4%

Laboratories,
preferred

Acme

Stock Co.

Adams

(J. D.)

:

(quar.)

Addressograph-Multigraph Corp.
Aero

Supply Mfg., class A

(quar.)____
(quar.)__________

Aetna

Casualty
Quarterly

Aetna

Insurance

Surety

Co.

5%

Aetna Life Insurance Co.
;

t

(

;

"

Co.

5%

1

9-10

9-28

25c

10-10

9-23

10-

1

8
8

9-25

t

.

.

"i. i

tf

pfd.

30c

$iy2

—

in o o

—

Co.—

;>

1

9-15

10-

1

9-10

2

9-

5*

10-15

9-15

10-

1

9-10

10-15

9-30

1

9-15

20c
'■'

10-

9-30

9-12

9-29

9-11

(final)

7% pfd.
Corp.!_—

10-23

9-29

$iy2

10-

1

9-15

$i%

Light, $6 pfd.

10-

1

9-15

$1%

10-

1

7%%

—

(quar.)_—

(quar.)—___

i2yac

9-28

9-12
9-

9

50c

1

9-19

10-

1

9-23

25c

(quar.)
Ltd. (quar.)

10-

50c

of

(quar.)

;

10-

1

9-21

com.

9-

1

9-30

9-

r

9-30

9-21

t25c

_______—_—

Co.,

9-30

Ltd.—

Canada,

9-10

1

9-10

9-30

9-12

$l»/4

"9-30

9-12

50c

9-30

9-19

$2y2

11-10

■> 10-23

$iy2

10-

1

9-19

775c

10-

1

9-19

$iya

10-

1

$1

11-

2
1

(quar.)

(quar.)Y_—

9-30

50c

t$l%

(quar.)—._—_—-——

Investment

J20c
10c

:

(quarJ—.

common

——YY

(quar.)—_

Co., 6%

preferred

(S-a)

—

preferred

—

preferred convertible A (quar.).
Autocar Co., $3 .preferred (quar.)
Automobile Insurance Co. (Hartford) (Quar.)

10-

9-15

75c

10-

25c

10- 1

10-

5

9-18
9-

& Sons Co., com,

4

50c

1

9-19

10-

1

9-19

7c

10-

1

9-15

7c

11-

1

10-15

12-

1

11-14

10-

(irregular)-

(quar.)—

Avondale Mills

10-

37'/ac

7c

(B. F.)

preferred

(monthly).———— YY—

Monthly

—;—-----——

r—

Welt"

(quar.)—

Co.

preferred (quar.)
Bangor Hydro-Electric 7%
6%

6%

2

9-22

$iy2

10-15

9-30

$i%

10-

1

9-10

$i'/2

10-

1

9-10

12yac

—

—

Company-r

preferred

—

pfd.

(quar.)

(quar.)

—

—

Trust & Savings
(quar.)— _«———~

Bank of American National

Association,
.

Common

common

(quarterly)

—

9-4

Bank of

9-17

Bank

of

New

30c

10T 1

9-4

Bank

of. Nova

.>

10-

10-

25c

4%

9-14

-!

9-10

f

$iya

1

.•

9-1?

$2.25

______

1

i

9-10

9-30

$1%

(quar.)__

Co.

10-

y.

1

(Indianapolis)—

10-

•

10-

i2y2c

(s-a)—
Manhattan Co. (quar.Y

"

9-18

1

.

$2

>.

1

10-

$iy2

Y;Y'"...

__Y

40c

(quar.)

9-15

10-

60c

$iy8

—

—__Y_

10-15

50c

(quar.)—Y___

(quar.)—■___—
preferred A
Atlanta Gas Light, 6% preferred (quar.)— Y
Atlantic Refining Co.— ' *
/
; !>. <

9-18

10-. 3

4

99-

non-cumulative

Baldwin

TO-

9-21
9-15

12-

1

cumulative

Backstay

9-19

1

12-15

Coast Line RR.—r

V Atlantic

9-20

10-15

9-30
10-

9-15

1

9-20

(Hartford)-—

(Hartford)

$1%

Hegeman Electric__—___Y_-—_

preferred

9-15

(auar.)____

10-15

10-

$1

&

10-15

2

10-

Atlantic "City. Fire Insurance Co.

1

15c

2

11-

25c

(Del.),

preferred

1

37VzC

1

11-

30c

(ordinary regis.)

&

Breweries

Common

7%

of Rec.

20c

__Y

10-

30c

Construction—

Associates

9-30

6c

62yac

Y; 37'/2C

(quar.) ,/!

(quar.)_^—

Co.

Associated

10-

$1

9-15

t75c

Ashland 'Oil & Refining,

10-

(quar.)
Co.

Holders

Payable

40c

1

noc

10c

(quar.)„____

10-

t62yac

Tel.

Corporation,

30c

(s-a)_____

common

(quar.)
Mfg.

When

share

3

50C

(quar.)—_ Y"

pref.

common

Corporation

Asbestos

6%
1

3

9-

Mining—_

Powdr

Metal

Aver-y

Name of Company

9-18
9-14*

9-18
9-

25c

Constable

Arnold

Atlantic

preceding table.

Co.,

&

Copper

Armour-&

9-22

we

1

9-30
1

Stores

preferred

6%

Below

10-

"Co., $6 preferred-.

(quar.)
Stamping

Arrow-Hart

1

ol. A__

9-15

Y

1

iquar.)

9-19

1

9-30

10-

(quar.)

9-30

9-30

20c

(irregular)

$i%

90c

common—

7%

preferred

$7

.

50c

.___

Snuff

Arkansas

9-17

10-

9-30

—_!__—!_Y__Y_

Anglo Iranian Oil

10-15

$194

*Y

10-

(quar.)

Co.

Ampco Metal, Inc.

9-21

4$iy4'

4

25c

(s-a)_—

convertible preferred (quar.)
Water Works & Electric

1st

Andes

10-19

40c

9-

1

9-11

10c

—

Tel.

$6

10-19

$i%

10-

10- 1

20c

Co., class A

preferred

4%

1

$iy2

5

111.—

American

9-25
9-

10"

9-18

75c

(quar.)

Sugar Refining 7%

10-15

2

$lVa

(quar.)1

pfd.

Common

1

9-15

11-

9-18

9-18

—

(quar.).
American Tobacco Co., 6%
pfd. (quar.)
American Trust Co. (San Francisco)—

9-21

10-

!'

—

American

9-15

Co.—"
"■

V2%

9-30
9-21

\

1

( 10-15

25c

.

Y

1

75c

of

American

9-22

30C

$i

(quar.)

(auar.)—:

10-

10-

'

Rolling Mill Co.—

American

9-26

9-30

$iy4

(quar.)—Y—yy—l

& Electric

Salt

.1

10-15

25c

Co.

American States Insurance

1

$iy4

(Newark)

convertible preferred
Screw Co

.American

1

10-

37y?c

_y——_——

Power

10-

10-15

'

11-15

9-30

___YY—

of Del.

preferred

preferred

Y.: 6%

5

10-15

9-15

i

; 12-

9-30

75c

,(quar.)_Y

Locker

American

9-19

2

9-21

11-25

YYY:

American

10-15*

•

Cos.

Co., 7%■ pfd.

Wisconsin Gas

11-

10-

1

10-15

$1.18%

.___Y_Y_

(quar.)____
Corp. (monthly)

9-23

10-

15c

(quar.)

Light &

1

9-29

$1

*

preferred

10-

10-15

87y2c

—

5%

1

25c

(quar.)
—_Y_—YY
(quar.) _______
Weston (George) Ltd., 5% pfd. (quar.)
Weymouth Light & Power (irregular)
White Rock Mineral Springs—
7%
1st preferred
(quar.)—YY_-_—
Winchendon

10-

25c

10-

Co

Light & Traction, common

American

9-15

25c

'?

$5

9-23

nv*

Co

Massachusetts

9-30

i7y2c

9-12

15c

25c

(quar.)

preferred

4 y2%

•

—_

1

$1%

Products

Power & Light

9-21

.

10-

$iy4

preferred

American

9-22

,

9-12

(quar.)

_____

(quar.)—

Optical

1

14C

1

Co.—

Steamship

Paper Goods,

9-30

50c

10-

common.

American

9-22

:

pfd.

Leather—

convertible

5%

9-21

10-

9-12

15c

(quar.)___

American

9-30

$4

1

(quar.)_______

5%

(quar.)_

American

9-30

t$3'/a

10-

—
—__

(Ga.)

Rubber,

9-15

15c

12V'2c

(quar.)

(quar.)

Electric

&

preferred

Hawaiian

6%

9-24

50c

$iy4

Light Co
Electric 6%
pfd.

9-15

—

—

American

2

75c

quar.)

Y---!Y-YYYY

preferred

9-25

9-24

9-30
9-28

9-15

$l'/2

9-30

9-15

1

10c

50c

9-21

9-30

Y

5c

9-28

10-

1

$iy2

American

6

1

50c

$40

—

9-21

10-

9-18

American

5

-TO-

9-22*

1

9-30

American

9-23

1

10-

50c

10-13

10-

10-

35c

common

American

——Y

9-15

$1%

50c

Co.

American Hide &

9-23

■•

1

1

Telegraph,

preferred

6%

10-

10-15

American

10-30
Y 9-30

9-17*

10-

American

9-17

11-16

7%

1

tl5c

Y■.,■;

10-

50c

preferred

Gas

9-17

$la/4

$l3/4
Envelope Co., 7%. pfd. A (quar.)
$iy4
preferred (quar.)
•Y'" $iv2
Express iquar.)
Fork & Hoe Co., 6Yo pfd. (quar.)_
$iy3

American

Y 4%%

9-18

9-30

Export Lines, 5%

American

10-20

1

9-23

1

10c

Mills

-i

10-

$iy4

Pittsburgh Screw & Bolt—
•G-

9-25

Co.

4%
75c

—

(quar.)___.,__

Fashion

10-10

Yy

(quar.)
Y

5

preferred (quar.)—
Philadelphia National Bank (quar.)_________
Full

Dist.

10-

9-10*

25c

Discount

American

American

preferred—

A. P.

Pennsylvania Electric Co., 5.10% pfd. (quar.)
Pennsylvania Power Co., $5 pfd. (quar.)——

Pilot

American

11-

1

9-18

Allegheny Co.________

Cyanamid Co., cl. A
Class B (quar.)—_—

10-15

9-10*

10-

Body Co

Sugar,

9-30

11- 2

1

9-18

Y—Y—__

American

conv.

10-

9-30

pfd.

non-cum.

preferred (quar.)_Y—

5%

9-15

10c

of

Co.

9-30

50c

Steel

&

1

9-30

common

(quar.)

10-15

10-

25c

Gas

9-25

1

9d. pay¬

funds.)

preferred

6%

9-17

9-25

(quar.)_——______

common

9-17

9-25

$iv*

preferred: (quar.)

Yellow

25c

4.4%

1

9-21

(quar.)

Philadelphia Electric,

10-

6%

10-15

(Boston)

Co., common

Co.

Wire

Penn

7%

Western

4

$iy2

(quar.)

(quar.)

Tool

10-151"

1

10-

conv. pfd.
(quar.)______
Enterprises Consol, Inc.—■ /

common

Warren

2

10-

$l3/4

(quar.)

(dividend of 3s.

Sugar

11-

$1

(quar.)

made in U. S.

Crystal

50c

Wailuka

10-15

5%

shares

ment will be

6Vo

common

(quar.)——

participating preferred

Packer

Park

&

preferred

Coal

3iy4C

9-24

1st preferred

7%

Coach

American

50c

9-22

35c

YY-Y

(quar.)————
2nd preferred (quar.)

American

9-21

4

$1%

1

9-30

37y2c

—___

7T

9-21

1

(quar.)—r

Industrial Alcohol

Washburn

———

common—

S.

50c

(quar.)

1

12-

9-15

10-

9-30

'

preferred (quar.;
American Cigarette & Cigar Co.—

9-21

9-15

1

8c

convertible

American

1

9-30

(quar.)_

—

9-15

Y-

10-

9-24

(Minn.)—

(quar.)

9-15

Mfg.,

1

10-

10c

(quar.).

Foundry, 7%

9-20

quar.)
Co.—__Y—'

&

Pacific Insurance

50c

:

Bearings Corp—;

Northwestern Nat'l Insurance .(Milw.)

y

10-

9-30
10-15

10-15

7y2c

(increased)—

Central

1

—

$1

9-30

10c

Co.—___y'y*.—.4—,

Company

participating

35c

—

Car &

American

American

$1%

10-31

50c

—

adj. pfd.

American

9-15

$1%

(quar.)—.y_—
U. S. Smelting, Refining & Mining, com.——
7%
preferred (quar.)_____^—__y__
U. S. "Trust Co. (Newark, N. J.)
(quar.)
United Stockyds. Corp. 70c conv. pfd. (quar.)
Utah-Idaho Sugar Co., class A (quar.)__
Vulcan Corp. $3 conv. prior pfd. (quar.)_Y

$1%

,yNorth & Judd Mfg. Co. (irregular)__y—y"
North River Insurance (quar.)
'
Texas

$3

9-15

U.

—

North

9-30

10-13

Nelson, Baker & Co.————

Ry.,

10-17

37V2c

Shipbuilding Co.—
Torrington Mfg. Company—
Towne Securities Corp., 7% pfd
——!
Travelers Insurance Co. (Hartford, Conn.)—
Quarterly h
Y-Y_;:
Tuckett Tobacco Co., 7%
pfd. (quar.)
Union
Manufacturing Co.___yYYYYY-—
.United Income Fund (irregular)
,_Yy
United Milk Products, common-—Y"4_!lY-;;'

1

New

Norma-Hoffman

2

9-15

4%

pfd.

10-

25c

common..

Capital Corp., $3 preferred—__YY

10-

Toledo

11-

(quar.)

Mfg.——Y——___■ Y
Naumkeag Steam Cotton
._yYY*—.____Y.

Norfolk & Western

■9-19

437c

England Confectionery
New England Power Co., 6%
pfd. (quar.)
New River Co., 6% ■preferred———
New York Telephone Co. (quar.)———Y

American

Co., 7%

10-

common—

Banking Co.

United

(quar.)

&

Nekoosa-Edwards Paper

Textile

United Paperboard

National Funding Corp., class A (quar.)——
Class B (quar.)—.
_______
Screw

Can

37 Vac

(liquidating)—___
'Telluride Power, 7% pfd. (quar.)—
Terre Haute Mall. & Mfg.
(reduced quar.)_

11-25

_

National

9-25

1

3

$1.31 y4c

Foundry,
,.-__!_!YY_YY-t.—
(quar.)

preferred

12-15

Corp.

$iy2

(quar.)
National Distillers Products Corp.
(quar.)—;
National Fire & Insurance Co. (Hartford,
Conn.)
(quar.)—

Brake Shoe &

Extra

5y2%

Phosphate & Acid Works

Iron

10-8

...

(Chicago)

American

,

(resumed)

■

(quar.)___„__

American

10-

9-15

75c

Y

common—

9-23

Securities, $4 2nd pfd.___

(William)

1

—

Boulevard

Taylor

10-15

Inc.YYYY___YY'..;
Manufacturing, 7% pfd. C (quar.)

Nashua

preferred

Co.

1

Company———

12-

Mutual Investment Fund,

Natl.

1
7

(Bait.) ,V. T.

& Tel.

(initial

Electric

34 %c

C.—
Quarterly ____________YYLY-.——Y.

Mountain States Tel.

1010-

37»/2c

(quar.)

(quar.)
yyy
—Y

preferred quar.)___;

9-19

50c

A

___

Light, Heat & Power Cons,

Monumental

9-30

,

I
JYYYYYYYLIYY:

Mid-West Refineries, $1.50 conv. pfd.
Monroe

$3

Note

10-

50c

;Super Mold Corporation (quar.)—!_—!___—
Taunton Gas Light (quar.)

10-10

30c

partic. pfd. (s-a) _Y
(Bait.) (quar.)
(Boston;

10-15

1

11-

$iy2

Distillers, 8%

Merchants Nafl Bank

2

11-

6%

Bank

American Business Credit, class A

11-

9-15
10-

75c

9-25

9-22

9-30

9-15

50c

_YY_—

B

'

preferred.' (quar.)_y y YI—!Y Y yy YY

Melchers

Mercantile Trust Co.

11.

20c

9-30

1

(irreg.)

'' H'

'

State Street Trust Co. (Boston)
Stokely Brothers & Co.—
! 5% prior preferred (quar.)

o

1

10-15

10-15

(quar.)

10-

$13A

State Street Investment Corp.

1

9-23

$iy2

9-15*

Corp.—

9-22

f40c

(quar.)—

Taylor-Wharton

McCall Corporation (quar.)
.
:
McCrory Stores Corp., 5% pfd. (quar.)
Stores Co.,
common!
__Y—

Co.

Service—

Works- (The)

10.

Public

preferred

1

(.

9-18

(quar.)

9-19

40c

5%

10-

62«/2c

McLellan

& Elec.

Co.—

preferred

Stanley

9-19

'

10-15

Insurance

1

40c

Massachusetts

5%

'

non-cumulative preferred

10-

common

25c

American

A

10-

40c
t$lVi

,

9-19

10-15

H7y2c

10-15

10c

California

Standard Wholesale

9-30

:

Trust

Standard-Coosa-Thatcher

9-30

(reduced)-Y v,-.: 25c
$1%
(quar,)—-*.—Yyy.

.

5%

10-1

10-15

$1.06 y4

1

5

2

25c

9-30

10-

5

y 37 Vic

(quar.)

Investment

Southwestern

3

10-15

Maritime Tel. & Tel., common (quar.)
7%
preferred
(quar.)_YYY-YYY
Martel

10-15

Y

9-30

140c

pfd.

non-cum.

Machine

9-

10-15

9-30

50c

$l'/4

YL-Y™_ !
(Lexington,

(quar,)

preferred (quar.):

Preferred

9-22

1

10-15

2c

—

Marchant

1

10-

11c

Fund

10-

50c

50c

10-31

30c

25c

Southern Railway

25c

50c

Bakeries, class A

American

Bleachery & Print Works—

Southern

9-21

!

(quar.).

12-15

10-

$1

9-25

1

12-31

25c

1
1

$l3/4

10-

4$l5/8

(accum.)__

9-25

10-

12-15

63c

5c

10- 1

•

12-31

Alliance

;

Gas, 6% pfd. (quar.)__
(quar.)-t;________---____!.—
Southern Franklin Process 7% pfd, (quar.)_

10-

.

Extra

9-22

$1%

Maple Leaf Gardens Ltd. 7%

7%

10-17

10-

(quar.),—_____
——__________...Y ■
Maxwell & Moore—
yy

Manning

2

$1%

(quar.)..

(quar.)

Co., $2 class A pfd.

Bond

Southern

9-25

9-26

20c

____

Magor Car Corporation-.^.....!:—
(R. C.)

1

preferred

Southern Berkshire Pwr.

Y;,

Macwhyte Co. (quar.)___YY^yy__y__Y__y
Mahon

9-24

'

conv.

preferred

11-

1

10-

y.'y $2
$iy»

...

.

preferred
Lux. Clock Manufacturing Co
Mabbett (G.) & Sons, Tfc 1st pfd.
.

$2 y2

(quar.)

Bleachery

Ludlow

37y2c

(quar.).
(quar.;__________Y '

10-

9-15

50C

25c

Y Ky.), $5 1st preferred

10-10

9-30

SIVY

Smyth Manufacturing Co. (quarJ
Snider Packing Corp. (quar.)___
Sonoco Products, common (irregular)

10-10

$1V'4

$l3/4

Asphalt Roof
preferred (quar.)

Class

9-25

1

9-15

9-30

35c

preferred

25c

preferred

common

8% 2nd preferred

,

6%

■■

.

(quar.)

9-21

(quar.)____Y_____-_______

(Thomas

5

.!

(quar.)__

1

9-30

(quar.;__

25c

f

■■

'

Lipton

9-30

10-

15c

25c

6V2%

Zook Co.

1

(quar.)..

10-

10-10

(.irregular)

10-

tflass B

$1

9-14*

50c

common

9-25

—

75c

(quar.)

9-25

1

9-30

$iy2

Mfg. Co.________

10c

40c

Lincoln

American

1

1

9-17

America—

(quar.)____________________

American

10-

*

(quar.)

Y

(St. Louis)

Corp.

Paper

9-22

10-

Co.__

$l»/4

Lenox

$3.50

Seven-Up Bottling

50c

9-30

$1V4

C.)___!____

prior pfd.

-

Optical Co.__

'y

American

6%

Y $2.50 convertible prior preference (quar.)_
Y", 5% class A preferred (quar.)_____

1

11-2

YYYcyYY^YYYY)!

American

$1%

(qUar.)_

Co., 5%

10- 1

__

9-22
9-22

50c

75c

(irregular;

9-30
9-30

50c

.

9-10
10-

1

10-

25c

__

20c

Louis—

of St.

of

9-10

10-20

$iy4

Petroleum

50c

(quar.)

25c

_

Co...

10-

Co.

Common

;6 $1.75

'■

I

__

preferred (quar.)
_i._
Company, \lncY_Y_-__,_Y___Y_,_--__

Rubber

Extra

(quar.—

15c

!_YY____Y_
Airlines, $4.25 pfd. (quar.) __Y

American

9-30

preferred

1

Corp. (quar.
Agricultural Chemical Co.—

Amerada

9-22

1

$2

Lane Bryant, 7%

Lee

9-22

1

_______

9-10

1

10-

preferred tquar.)._
Common (quar.)
7% preferred (quar.)

10-10

(quar.)

V

10-

7%

10-

1

(irregular )___Y_Y_Y

1
,

9-15

9-30

50c

—

Corp., common, (quar.)

5%'

Co.

Manufacturers,

'

$ 1 */2

10-

common

Goods

$l'/4

5%

1

•

9-15

25c
25c

preferred

pfd. '(quar.)__

Ry.,

10-

conv,

1

9-15

43 %c

Aluminum

Cement-_-____________
Co

10-

35c

Aluminum

9-22

1

10-

'■

10-

1

5% preferred (quar.)
Allis-Chalmers Mfg. •Co'._lY_Y-!-YI__i.__:

10-

10c

Y

$VA

10-

(quar.Y

common

A

25c

Atlanta

&

'

Lane

Portland

62'/2 C

(quar.).

YYYyY-^yLU_;Yp!

Corp.

Santa

67'/2c

preferred
Products.-

Co..

10-

12c

iquar.)

Clay

10-

10-28

1

9-21

15c

-

Special

6%
10-

Inc.___

Aluminum

,

10-

:(5c

Products,

"

iquar.)____

:

10-30

25c

Allied

Dry Dock & Shipbuilding Co., Ltd.—
%, preferred .-(quar.)

10-30

____

Laboratories,

8

Joseph Rwy.'Lt., Heat & Pwr.—
Y 5%' preferred !(quar.)_
San Antonio Public Service Co.—
Y.1;.,
6% preferred series 1939 (quar.)

9-24

9-23

Allied

St.

9-19

9-30

10-20

10-

Co.

9-23

$iy2

i

10-15

Paper

9-21

9-30
9-30

11-

John

5 y2

9-30

■___

(quar.
Stores Corp.

'

9-21

50c

13 %C

s

8

T2-19

1

25c

10-20

25c

10-

(Pgh.)' (quar.)„_

Fire. Insurance

1

9-23

12-29

5c

Allemannla

/Allied

9-

9-10

11-

1

9-18

10-16

1

9-30

12 ]/2c

10-

1

2

10-

35c

Allen-Wales Adding Machine, common (quar.)
.
$6 preferred (quar;-)

25c

1011-

(reduced)____

com.

10-20

Class

9-18

$1 y2

10-21

...

9-20

1

$iy2

(quar.)___
Ludlum Steel

1

(quar.)'

9-19

1

10-

$3

2

Extra

1

10-

■

$i%

11-

11-20

15c

___

9-29

9-26

9-15

$iy4

(quar.)

! 11-

1

$lJ/4

(irregular)

10-10

of Rec.

1

10-

75c

8%c

Preferred

Allegheny

Holders

9-30

10-

$iy2

(quar.)

preferred

+50c

12-

___Y

Refining

10c

Co.

12V^C

37 y2c

9-25

Kendall

10-15

9-15

8-31

Kerr-Addison Gold Mines, Ltd. (interim I
Kirkland Lake Gold Mining Co. (reduced s-a;

10-26

11-12

$5

10-10

5

(quar.)

.11-25

25c

$7 preferred

9-28

425c

$iy4

m%

Alabama & Vicksburg Ry. (s-a)__.
Albers Super Markets, Inc.
pref. (quar.)

10-10

5

preferred

1

10-15

(quar.)

(quar.)
(Water town,

pfd.

N.
Y.)
(quar.
Ahlberg Bearing Co., class A (quar.)________
Power Co., $6 preferred (quar.)___

10-17

TS1V4

Insura-nce

Payable

Alabama

10-15

9-24

9-

5%

10-

10-24

10-20

10-

Kellogg

10-15

10-29

10-20

25c

,,

t$l

9-25

5c

Company _____yyyy--___y^-y_
Switchboard & Supply, common.....

15c

9-25

25c

Co.

Sugar

Ltd

Agricultural

pfd.

When

share

Company

Aetna Standard Engineering 5%
Agnew Surpass Shoe Stores, 7%

9-25

1

1

45c

__Yf_—

Kellogg

Co.,

1

10-

25c

Button

Croix

St.

y

9-25

9-30

10-

10c

:

10-

42c

(reduced)

Ltd. (interim;
Light,, $5 prior pref.

Ktkaha

•

Mines

10-

$1

convertible preferred (quar.)'
Rubenstein (Helena), class..A (quar.)________
Russek's Fifth Avenue, Inc. (irregular)

9-21

1

9-2

—

$1.50

9-25

10-

$1%

(quar.)__

____Y—Y——

1

9-30

25c

9-21

10-

25C

t$l%

(quar,)__yyy_yyyy

Light, 4ya% pfd.

Company

Gold

(quar.)
Corporation.!-!..

^

Extra

9-15

t43%C

9-15

Light,,$6 preferred

Stoker

Riley

9-15

(quar.)

Co.

Co.

Stevens & Shinkle Shoe

Kawneer

9-30
9-30

(quar.)

(quar,)!Y--L___y

A.

Rochester

:t40%c

9-21

5c

55c convertible, preferred

9-15

9-30

,..

/ 9-30

9-30

preferred.—

7%

Service

9-19

15c

preferredi'BYYY^-Yv •
A__:_.:.___;yy-y-yyy—yly

preferred

Gas

Rouyn

Class

„

Iowa: Electric,. '6 xk%:,

.

1

10-

10c

(Bridgeport, Conn.)—
:
(quar.) y—_____y__._Y__-_Y~_,
preferred
(quar.) YY:
Y~Y_Y

Common

7%

9-19

1

1

37'/2C

Quebec Power " Co, '
(quar. J__1
Reading Company:(quar.
Reda Pump
Company Y---!.-—
Reed (C. A.). Co., $2 pfd.' A (quar.)_—
Republic Drill &; Tool,, common (quar.)_____

9-15 y

10-15

37 Vac

:

Mortgage

"C"

1

37Vac

(quar.)Y

10-

Name of

9-19

25c

Puget Sound'Rwr.

9-21

10-

12 '/2 C

Investors

Portland
Powell

9-21

30c

(quar.jyyy_

Cellupotton Products

10-23

9-26

1

17V2C

non-cumulative preferred

Per

of Rec.

10-

Participating :

10-10

30c

(s-a

com.

6'%: participating preferred

1

4%

Proprietary Mines,

Inter-Mountain Telephone, common (quar.)_
6% non-cumulative preferred (quar.)YY

V

9-22

Holders

50c

Pollock's, Inc., 6%, preferred (quar,;,
Port Huron Sulphite &
Paper, common!....

9-1

1

11-

30c

___Y__YYY_iy_y

Inter-Ocean

1

11-14

$l'l/4

.

Irregular

1010-

'

50c

;

Associated Tel.,

Payable

Scale, 'Ltd.y'common
preferred iquar.) Y_Y:_

7%

9-23

12-1

When

share

Company

Pneumatic

Imperial-Chemical Industries, Ltd.—
American

Name of

i

9-21

1111

('

convertible preferred

i

•

-1

xorx

*1'

Y*

(quar.)

9-15

12-31

12-15

$1

—-

12-31

12-15

20c

—•*—

10-

1

$3ya

(quar.)

Scotia

9-30

60c

60C

——

10-

1

9-18

?$3

HH

1

9-15

.

.

<

i

i

9-18*

COMMERCIAL & FINANCIAL CHRONICLE

1112

'•••

"

Per

"

Yorktown

of

(N. Y.)

(quar.)
series C-l

10- 1
10- 1
10- 1
9-30

9-23

Carter

9-

Carthage Mills,

Bankers

Co.

Trust

Y.)

N.

—

.

Co.,

Ba'stian-Blessing

$5.50

10-1
9-30

683/4c

10- 1

!

(quar.)—
Beatrice Creamery Co., common

$1%

;

•

Quarterly _1

•

Extra

_—r__j.—_____———

Bickford's, Inc.,

Foundry & Machine——

Birdsboro Steel

$6 preferred
Bliss

&

convertible preferred

5%

>

common—

(quar.)

Class

B

—

Boston & Albany RR.

$l'/4

'

Extra

pfd.

Traction

Brazilian

6%

Light &

(quar.)—

Power—

—

Gas Light—;—
Hydraulic (reduced

Bridgeport
Bridgeport

quar.) —

Manufacturing Co.—,
Brillo Manufacturing, Inc., common
Briggs

Class

A

(quar.)_

(quar.)_
:

—

—

British American Oil Co., Ltd.

(regis.) (quar.)

British-American Tobacco Co.. Ltd.—

\

10- 1

.7c

9-24

9-15
8-31
9-10

9-12;;
9-30

' 6%

preferred

(quar.)

—

Columbia Power,

British

■/,6 A

■

6A

9-15

6%

(quar.)

Brooklyn Borough Gas, common

(initial

Preferred
Brown

Fence

Bruce

»,7A

preferred

<3'AA

—

common——————_

Cincinnati Gas &

9-15

Cincinnati

Cities Service Power & Light Co.—
$5 preferred

9-15

$6
$7

7%
9-

Bucyrus-Erle Co.,
■1%

(quar.)

preferred

Euffalo

California

Electric

California

Packing Corp.,

6%

}

Water

$3
?

Cambria

Iron

pfd.

(quar.)—
(quar.) —

common

,7%

Telephone—

Canada

Permanent

s

7%

Nat'l Bank

& Trust Co.

(quar.)

Commonwealth Edison Co.

9-30

Commonwealth Investment

10-26

9-19

10-15

9-19

10-^1

9-15

10-1

9-15

11- 2
10- 1
10- 1
10- 1
10- 1
10-1
^10- 1

9-30

$85c

-

$5c

-

9-15
9-15

9-15"

9-15;

10-10
9-30

9-21

$25c

9-30

9-18

9-18

Co.

10c
35c
4c
$1%

(quar.)_!___

pfd.

(quar.)_,—

Sl'A
$1%
t50c

Commonwealth Water & Light, $6 pfd. (quar.)

(quar.)__
(N. H.) Gas Co., 7%

$7 preferred

Concord

Confederation Life

Assurance

Quarterly
Quarterly

9-15

$43c
$25c

-

(quar.)__—______

Commonwealth Water, 5*/2%

.

9-15

;

Co.—

______________

preferred,^—_

preferred (quar.)

Canadian

6%

Cottons

$$i

—

—

8% pfd. (quar.)
(quar.)__—_____

Canadian Foreign Investment
Canadian General Electric

General

Canadian

7%

Investments

;

9-

5

10- 1
10- 1

9-

5

10-

9-15

$$2
$$2

1

9-15

}12Vuc

10-15

9-30

$$1V2

10-31

9-30

t$l34

10-1

9-12

(quar.)—__

$2c

10- 6

9-15

$$2
$37V/2C

10- 1

9-19

10-

9-15

Malartic

Gold Mines

Canadian

Oil

8%

Canadian

Silk

Canadian

Tube

Cos.,

10- 1

—__________

preferred (quar.)

Canadian

.'.\7%

(quar.)

Industries, Ltd. class A (quar.)

Canadian

9-30

$$1V2

(quar.)

common

preferred (quar.)

9-18

$$13A

y

preferred

Products,
& Steel

class A

(quar.)___
(quar.)

1

Products—

preferred (accum.)——-——$$13A
Westinghoutee Co., Ltd. (quar.)__^
$50c
Wirebound Boxes class A (accum.)
$50c

10-15

10-

8

Canadian

10- 1

9-16

Canadian

10-

1

9-15

9-30
-10- 1

9-19

Canfield
Cannon

Oil

Co.,

Mills

6%

preferred

(quar.)_____

$1V2
50c

Co

Administration Co., Ltd.—
$3 preferred A (quar,)__—
—.
Capital Transit Co.
Carey (Philip) Mfg., 5% preferred (quar,)__
6% preferred (quar.)
:—
Cariboo Gold Quartz Mining (reduced quar.)
Carmen & Company. 7% preferred (quar.)__
Carnation Co., 57* 1st preferred (quar.)____
Carolina Power & Light, $6 pfd, (quar.)___

-

9-16

Capital

$7

preferred

Carolina

Carriers

& General

$3c
$$134
$114
UVa

10- 1
10- 1
9-30
9-30
10- 1

9-18
9-15
9-21
9-21
9-

4

10-15
10- 1
10- 1

9-30

$13A

10-1

9-14

(quar.)$2

10- 1

9-24

5c

10- 1

9-21

(quar.

Tel% & Tel.

75c
30c
$1»4
SIVj

Corp

_____




9-14
9-14

9-15
9-15

10-

—

Co.

Assurance

pfd. (quar.)
Continental Bank & Trust Co. (N. Y.) (quar.)
Continental Baking Co., Q%

Continental Gas & Electric—
7'!<>

prior preferred

Continental Oil
Continental

1%

Co.

Steel

preferred

(quar.)

-

.

(Del.)—_—,_r_—_

Corp.

(quar.)

common—

7

" '

9-5
9-22
*•

•

,

11- 2
9-30
10-1

10- 1
10- 1
10- 1
10- 1

7

10--1
9-26
9-24

-

9-25
•

;

9-10

9-22

9-15
9-15

9-15
9-15

9-30

$17A

11- 2

10-16

12*Ac
$2
t433Ac
$$2
$1Vb
$1V4

11-14
10- 1
10- 1
10- 1
10- 1
10- 1
9-30
10- 1
10- 1

10-15
9-15
9-21
9-15
9-11
9-11

'•
-

.,

.

$2
20c

^

9-15

9-18
9-11

9-15

3

"

$1'A

9-21

75c

12-

2

11-20

(quar.)—7'"" $13A
"
$13A
2%c

10-

1

10-

(quar.):

(N. Y.)

(quar.)___

common

preferred

10-

1

9-

1

10-

1

9-

1

10-15

9-25

1-5-43

12-19

Co._—30c

$2

(s-a)

7:y. ;7:7"y V"'

$13A
$13A

(quar.).

(quar.)_

10-

1

10-

preferred

preferred

1

12-23

12-23

.017c

———a-

Edison

1

12-23

12-23

10-

1

9-21

11-

2

10-15

"10-

5'A

Dominguez Oil Fields

(monthly)—

9-10

9-30

9-21

$40c

—

Dominion Bank of Canada

1

$1

10-20

62'Ac

Co., class A (quar.)———A,—
(Joseph) Crucible Co.
Mines, Ltd

11-

2

10-

1.

9-19

10-

1

9-15

10-

1

7 10-

1

9-18

11-

2

10-13

10-

$$2
Dominion Foundries & Steel (quar.)—7
$25c
Dominion Glass Co., Ltd., common
(quar.")—
$$1V4
77
7%
preferred (quar.)—
^7
+$13'4
Diuiean Mills,. 7% preferred (quar.)
7 $1%
Dominion Tar & Chemical, 5'A'A pfd. (quar.)''
$$1%
'Dominion Textile Co., common (quar.)—--—
* $$1*A
"7A preferred (quar.)
—___7
$$13A
Dover & Rockaway RR.
(s-a)
y,-, $3
Draper Corporation (quar.)
i
75c
_

1

'

Dravo

Common

7

-•.

"

9-15

9-

V

10'■(.

1. j»*

5

9-15

9-30

1

8-29

;

•

15c

111

l

10-20
12-17

15c

12-27

75c

10-

1

9-15

$13A
$1A
$2

10-

1

9-15

10-

1

9-18

10-

1

7 9-14

10-24

10-9

—

Power Co.,

10-15

10-15
710-

.

—*

7

Common

Duke

':'7;--,.7

Corporation—

9-30
9-17

9-30

25c

.

(reduced quar.)—

common———,

1%

preferred (quar.)——
Dun & Bradstreet, Inc., $6 preferred

10-

"i

9-23

1

9-30'
10-

9-21

1

9-15

10-. 1

9-15

5

9-25

10-

1

9-19

10-1
10- 1

9-15

$iya
10- 1
7' 8%
preferred
7——7——y— 7777+75010- 1
Eastern Mass Street Ry., Gfo 1st preferred—
t$l'A
10-15
Eastern Steamship Lines, Inc., com. (resum.)
$1
10-1.5
$2 convertible preferred (quar,)_
50c
10- 1

9-15

$6

Tennessee

Light & Power—

4 A

%

Canada Savings

Gas

Sl'A

(quar.)—

preferred

Eastern

Eastern

& Loan

$$1'A

(quar.)

Associates—

Fuel

&

prior preferred

9-21

'

(quar.)_

"

9-15

—

9-28
9-18

9-18

—_

Eastern

Steel

Products, Ltd.—•

'"777 ;

'7:7777:7:,'

7

•

(quar.)_——7
?25c
Eastman Kodak Co. of N. J, 6% pfd. (quar.) 7 7 $i-«A
Common (reduced)
(quar.)
$1>A
Economic Investment Trust, Ltd
—_$G2*Ac
57o

convertible preferred

(quar.)
(quar.) (U. S. funds)

25c
3c

Economy Grocery Stores
Ecuadorian Corp., Ltd.

Eddy Paper Corp.

■

9-15
9-

5

10- 1

,

9-

5

10-

15c

$l'/4

9-21

1

10-9
9-30
9-28
10-1
10- 1

,

,

37.'Ac

^

Elder Mfg. Co., common (quar.)
7 5'A participating class A (quar.)_—7.7—y_

•"

10- 1
10- 1

.

9-25

.

9-10

9-15

9-21
9-21

1

9-21

75c

10- 1

9-19

(quar,)——50c
Electrical Products Consolidated (quar.)
20c
Elizabethtown Consolidated Gas (quar.)— 7
$2'A
El Paso Electric Co. (Del.)—
,7
7 •

9-30
10-1
10- 1

9-14

9-30

$1%

10-15
10-15

$l'/a

10-1

9-15

60c

9-30

9-11

50c
10- 1
50c
10-1
Emerson Electric Mfg., common (Irregular),
10c
9-30
7% preferred (quar.)—
$1% ,.10- 1
Empire Power Corp., $6 preferred )quar.)
$1'A
9-30
Empire Trust Co. (N. Y.) (quar.)
75c
10- 5
Employers Casualty Co. (Dallas, Tex.) (quar.)
30c
11- 2
Emporium Capwell Co., common (quar.) ___
35c
10- 1
4Vatfo preferred series A (quar,)—__
56'/4C
30- 1
7% preferred (s-a)———$3'A
10-1
Endicott-Johnson Corp., common (quar.)—
75c
10- 1
5"fo preferred (quar.).'
_______
$1'A
10- 1
Engineers Public Service Co.—
•
$5 preferred
(quar.)_—-4—_7__—
Sl'A
10- 1
$5.50
preferred
(quar.)
$1%
10- 1
$6 preferred
(quar.)
$1'A
10- 1
Equitable Investment Corp. of Mass.—
25c
9-29
Equitable Trust Co. (Bait.) (quar.)___
10c
10- 1
Equity Fund, Inc.—
4c
9-30
Erie RR., $5 preferred A (quar.)„
$l'/4
12- 1
European & North American Railway (s-a)_
$2'A
10- 3
Eversharp, Inc., 5% preferred (quar.)
25c
10- 1
Ex-Cell-0 Corporation
(quar.)___:
65c
10- 1
Fall River Gas Works 6% preferred (s-a)„
3c
10- 1

9-15

Electric
Electric

Controller

&

Mfg—

Electric Storage Battery

———

Co.

...

6%
7%
El

preferred B
preferred A

Paso

$4.50

preferred

(Texas)—

7.

common

Co., 8%

preferred

,

9-19

9-24

„

_

9-30

,

(quar.)___

El Paso Natural Gas

8e/o

7 Sl'/a

(quar.)—
(quar.)—

Electric Co.

Emerson Drug

10-

Co————50c

Auto-Lite

_________

9-15

preferred

9-25

,

9-25
9-

.

.

5

9-25

10-24
9-21

9-21

„

9-23
,

9-24

9-24

,

——

9-11

9-11
9-11
9-22

9-24
9-15

_

_____

——_

Family Loan Society, com.
A

Class

B

(reduced quar.)__

(quar.)7

25c

9-28

9- 8

Fanny Farmer Candy Shops

25c

10- 1

9-15

Fansteel

Metallurgical,

$5 preferred

(quar.)

$5

(quar.)

preferred

(quar.)

35c
37'Ac
37Vac

10- 1
10- 1
10- 1

37'Ac

(quar.)——

—

9-21

9-15

9-15

'? 10-15!

'10-

10- 1

10- 1

9-15

10-

1

$13A

$1%

9-16

10-

'Class

•1'

-

1.

'..*.

10- 1
10-1

10- 1

50c

(quar.)

•'

-

9-16

6

710-19

7%

9-24

7

30c

preferred

Continental

:

11- 2

90c
$lVs
- $1

preferred B (quar.)
4% preferred C (quar.)
u
Consolidated Investment Trust (quar.)——
Consolidated Laundries Corp.—

(quar.)
Consolidated Oil Corp. (quar.)—
Consolidated Retail Stores, 8% pfd. (quar.)_
Consolidated Steel Corp., Ltd., $1.75 pfd
Consumers Gas Co. of Toronto (quar.)
Consumers Power, $4*A pfd. (quar.)
$5 preferred (quar.)_

9-25
12-24

?

10-1 < ^ 9-21

t25c

4'A%

$7.50

9-23

10- 1

$1'A

—,—--

—

9-15

.-

7 :

$1*A

(quar.)_
—.—x__
Consolidated Film Industries, Inc. $2 pfd.—
Consolidated Machine Tool—
:
$6 1st preferred (quar.)__
—_____—
Consolidated Gas Elec. Lt. & Pwr. (Bait.)—
preferred

(quar.)

-

',. 12-31
$57 j ,1Q* 1 ^

(quar.)_—
>
Connecticut Gas & Coke Securities—
$3 preferred (quar.)_—
——
•
75c
Connecticut General Life Ins. Co. (quar.)u_u' 25c
Connecticut Light & Power—
, ;
■ • •
'*.. •
»
Common
(reduced quar.)
—
55c
Consolidated Bakeries of Canada (quar.)™—
$15c
Consolidated Chemical Industries, Inc.—
$1.50 cum. partic. pfd. class A (quar.)
37*Ac
Consolidated Coppermines Corp.________—
15c
Consolidated Dry Goods, 1% preferred-,-—
t$3Va
Consolidated Edison Co. (N. Y.)—
7 -

Common

9-30

9-23"

,10- 1
>10- 1

'

Dome

9-10*
9-10*

.

.

9-23

1

$1

_7__" v

(irregvilai

Long Hook «fe Eye

•Dixon

•

•

9-30 v 9-21
11- 2
10- 2
11--2
10-14
10- 1
9-10
' 10-1 V- 9-11
10- 1
9-11
11-16
10-31

$$114
$$1 'A

t.

...

Connecticut Fire Insurance

$5

•

1

9-30

9-29

& Company

Dentist's Supply

East

•

7.

(Toronto)—

■

•7%

10-

4

.

-

4

10- 1

$2

Commercial Shearing & Stamping—________

9-15

$12Vic

(quar.)—

—;

Extra

preferred (quar

$$lV/2

preference (accum.)—L
Ltd., common (quar.)

participating

Canadian Celanese,

5%

$$2

w_

& Fdy.

9-15

9-15

(quar.)

Participating
Car

9-15

10- 1

-

Canadian

(quar.)____
$4.25 convertible preferred (quar.)________
Commercial Loan (Indianapolis)— • 7 •
•

9-19

1

7>

-

75c
10- 1
$1.06'^
10- 1
7.-. 7: .•7.7,. v;.i$1V4
9-30

Common

9-15

1st preference (quar.)
$15c
Participating —$5c
60c non-cumulative conv. preferred (quar.)
$15c
u

.7

(quar.)___
Commercial Alcohols, Ltd., common

9-

10c

Dixie-Vortex

10- 1
9-15
11- 2
10-15
10-15
9-30
10-15 7 9-30
9-30
9-10
9-30 7-9-10

(quar.)___—

preferred

10-1
9-30
9-30

5%

.

Commercial Investment Trust Corp.—

preferred

6Va i:'o

t$l

Ltd., common

Canners,

10-31

1

De

1

10-

$13A-■

7,

5

10-

9-29

—

5

12-19

,

*

9-12

6%

9-25

10- 1

10-

pfd. (quar.)— * .• $ii/4
Distillers Corp.-Seagrams, Ltd.
77 7:
5% pfd. (quar.) payable in U. S. funds— 7;;; $i»A

9-12
9-12
9-19

Electric Co.—

Commercial

(quar.)

Canadian Bank of Commerce (reduced quar.)
Canadian Breweries, Ltd., $3 pfd. (quar.)._
Canadian

Ohio

10-31

10-

10-20

1-2-43

—

& Southern

Columbus

,;'

$$1%

Mortgage

•

10-15*

m

10-1

(quar.)

preferred (quar.)
Packers, Ltd.

9-23

■

25c
$11A

"

10-

$3

(quar.)— ".

(quar.)
—$1.06*4 77 9-30
(Boston) (quar.)__7_:2____x-.
$1VA
10- 1

11-16

: $1.

;

1st pref.

.

Deere

_a_;

9-15

10-22

2

10-20

(s-a)__i7_x.__

preferred

$l'/a
$1.63
(quar.)_
_
$5c
8% preferred (quar.)
tlOc
Commercial Credit Co., common (quar.)
74-"; 75c
4l/t% convertible preferred (quar.)_
$1.06*A

"■■■C

(s-a)__

:

,

11-

10c

_

(quar.)
7.7'77' 4.7".:A'7' *7";1
"
Duplan Corp. 8% pfd. (quar.)—
—7— 7
9- 87
du Pont IE. I.) de Nemours & Co.,—
7
7
7
Collateral Loan
9- 87
;
$4.50 preferred (quar.)
$iya
Colonial Finance (Lima, Ohio) (quar.)______
7
25c
.10- 1
; 9-12
Duquense Light Co., 5% preferred (quar.)
$1'A
Colonial Ice Co., common___
k ;:$2 7' 10-. 1 t.,9-2L
Duro Test Corporation
(resumed)_a_—
7 7
5c
$6 preferred B (quar.)_____________^,i.—_
.; Sl'/a
10- 1 -.'.9-21
Duval Texas* Sulphur Co:.
25c
$7 preferred (quar.).
: 7 $1% I 10- 1 7 ,9-21
Eagle Picher Lead, common.—
•
•
•
10c
Colt's Patent Fire Arms Mfg. (IrregularI4A* 75c. ,i *■• 9-30 ,74 9-10 7
77' 6%' preferred (quar.)—
——7
$1'A
Columbia Baking Co., common (irregular)7Sc r.lO-c L■<■*■^7 9-157
Eason Oil Co., $1.50 conv. pfd. (quar.)—37'A.c
$1 participating preferred (quar.) ________ yV -25cr7;^:10- :L77;;- 9-157
East Missouri Power 7% preferred (s-a)
7
Participating
1
.,7 _ 75c_,ylO-' l
9-15 ?
$4.25

9-15

(quar.)_—_

(extra)

(quar.)__—15c

Diamond Shoe Corp.,

Colgate-Palmolive-Peet Co.—

10-15

37MsC

Bread Co., Ltd., 6%

Canada

9-19

(quar.)__^^^_-i.

Stove Co.

Lamp &

11- 2
11-16

75c

37V2C
' 62',ic

(quar.)

Co.

9-19

$5J/a
50c

Corp..____.

$1'A

9-30

RR.

7%

9-19

.

9-15

9-23

Detroit-Michigan Stove Co.—

'

'

-

10- 1

10- 1 •'
10- 1 7
7 9-30

75c

Co.

International

Coca-Cola
Coleman

10- 1 ■:,f 9-15
9- 2
9-30
9-19
lO-'l"
9-30
10-10 *
9-15
10- 1
9-19
10- 1
9-25
9-30
9-30

J$1V2
5% class B preferred (quar.)_w.__—$62V2C
Canada Cycle & Motor, common (quar.)——'",
t30cJ,
5% sinking fund 1st preference (quar.)—
}$1V4
Canada Life Assurance Co. (quar.)__——, .•$$54'
.Canada Northern Power, common (quar.)..$15c
Canada

Coca-Cola

9-18
;

Extra

9-15

9-28

(quar.)j.7 7-'

Records

9-15
"

9-30

&

Decca

9-20

9-30

.

7

9-11
9-30
9-30 ' ' 9-15
9-30 ! •'•7 9-15

•

.

12-10

9-30

Frere, Ltd., class A (quar.)L—$25c
Davidson-Boutell Co., 6% preferred (quar.)_
$1'A
Dayton & Michigan RR., common (s-a)__j_
87*Ac
8% preferred (quar.)__:—: 7 7.7
$1'

-

"■

/

15c

..

1

9-18

12-23

(Irregular) ——$1

preferred

Clinton

port

preferred

.

9-23

.s

7

9-30 r

9-30

class A prior preference

David

10-1

;

10-

50c

Detroit Hillsdale & South Western RR.

.10- 1

Co.* (quar.)—7:—____

common

9-16*

10-15

$2

_-y_

Series "NY"

_

9-15

9-28
9-28

$3

Power,

&

9-30

9-15

...

& Fuel

9-14

9-30

Shares^—

(irregular)

Atlantic Sugar Co.

Detroit

preferred
Cleveland Graphite Bronze, corny (irreg.)
'
50c
i 9-30 *
9-21
5Vo preferred (quar.)
: 7
9-30'
9-21
Cleveland Hobbing Machine___________——
*; 20c
10- 17
9-21
Climax Molybdenum Co.__________.^yy_r_7_
> 7 7 30c
9-30 ; ,79-21
Clinton Trust Co. (N. Y.)
(quar.)——
-25c ' • *.10- 1 ^ 9-21
Cluett Peabody & Co., 7% preferred .(quar.)
$13A >,'• 10- 1-'
9-18
>4 7%preferred (quai4.Txy,--77-:-y_v_--2i7»-.77-7 $13A. i-104' iv? ; 9-18
Coca-Cola Bottling^ $2.50 class A (quar.).i._
62V2C yiO-:,l7ii, 9+15^ '
Extra
4 7$1»A'
10-1
7 9-15'-

9-19

(quar.)————————

preferred

9-15 v

10- 1
10- 1

—

California

9-21

10- 1

Products,

preferred

9-18

10c
$1%

.4.——-—il,—U,>,:
50c
Ltd. (quar.)n^——tl7V/2C
Company
-i-—-———
! 50c
Bulova Watch Co. (quar.)_—4—~
v ;50c
Burdine's, Inc., $2.80 preferred (quar.)
■ ■
70c
Burger Brewing, 8% preferred (quar.)
$1
Burlington Steel Co. (quar.)——————;: 15c
Business Systems, Ltd., common (quar.)
t$l
6% non-cum. preferred B (quar.)———$15c
Calgary & Edmonton Corp. (interim)
$5c

■5Vr>

10-17

$1V4

Extra '

Building
Bullard

9-16

'

u-.

Stamping

pfd.

9-21*

1

10-

preferred (quar.)__
Deposit Bank Shares (N. Y.), Series A

$4.50

9-19

(quar.)

Insurance Co,

:r7.:' $13A
6%

10* 1

9-15

,1%

*

(quar.)_ 777,< 75c

(quar.).:

9-27

9-21

9-15

1%

•

'

25c
7't 10c '
,

Publishing Co. $4 prior preferred—__
f25c
Davenport Hosiery Mills, common___y.___1:7
25c

9-18
9-18
9-18

7

9-19

10*10

9-23
'

Curtis

9-19
9-15
9-18
9-19
-

9-28
9-28
9-28

1

9-30

"

7

,

9-30

9-25
10- 1
9-25
10- 1
3-5-43 : 2-23-43

-

Ice

Insurance

1

1

9-30

7'A

.

-

9-19
,

9-30

(reduced)———

common

7

:__c——'71 30c
Cleveland Electric Illuminating—
,
U7* :,;:77 ;7:.^
r
Common (reduced)
V' 50c
City

9-30

Brunswick-Balke-Collender Co. $5 pfd. (quar.)

.7

(Washington, PaT)—_

Wholesale Supply,

Auto

7 7

City

$13A

—

Stockyards——,—.w

preferred

Citizens

1

(quar.)4'
(red.)

10- 1
10- 1
10- 1
9-30

9- 1

;

10- 1
9-30

*

——,

$13A
$1 'A
85c
15c

$1'A
(quar.)
,'7.? $l'/2
(quar.)—$1%

preferred

Citizens Water

9-10*

pfd. A

'.7;

10-

10-

B

8'/o

11-2 7 10-19
10-15
9-16

(quar.)__—'

preferred

9-15

Elec., 5%

Union

9-23:

87Vic

—;

(quar.)—_4—:

;

(quar.)—

pfd.

7%

10-1

'7

:

$1V4
7 25c

Cincinnati & Suburban Bell Telephone

—i—————.

(quar.)

preferred

(quar.)_^_______;

9-30

,10-10
(-10- 1

t50c
>' 25c

Distillers Corp., $6 preferred
Co.,

L.)

(E.

quar.)-;_—

Wire, class A———'

&

Brown-Forman

Securities Co.,

9-16

10- 1
10- 6
10- 1

35c
$114
$1

Oil

Cotton

Christiana

'

75c
75c.

;

>6A, participating preferred (quar.)—.
Durell Co., common (initial)————

$13A
,

(quar.)___

9-16

$$1A7/ 10-1
$$1'A
11- 2

Brown

preferred

Chickasha

10-1
10-15

'

25c
Brooke (E. G). Iron Co—
——;—15c
Brookline Trust Co. (Mass.) (quar,)—
$3

w;

Chicago Wilmington & Franklin Coal Co.—

9-19

10- 7
10- 7

Investing Corp.————

Broad Street

(quar.)_________

Chicago

9-25

9-30
9-30
9-30
10-15
9-30
20c
10- 1
50c
; 10- 1
J25c J 10- 1

9-19
9-19
9-19'
9-15
9-19,
9-19 l
9-19
9-17
9-17 4
9-19

i

t

10-

t$l*A
$lVa
k 40c

(quar.)

\

A

Cunningham Drug Stores," common
6%. preferred (quar.)

9-/4-'

$1V4

;

10-1"

$$1'A
7/$50c

—

(quar.)__—

class A

Columbia Telephone— <
* *
prior preferred (quar.)——41'——7
preferred (quar.)—-———-

British

Title & Trust Co,

(quar.)

9-30

'

-

preferred

$1

:

(quar.)30c
(quar.)
7—^-,7:77 ■, 30c"
Crystal Tissue Co.:(quar.)—
—^
15c
Cuban American Sugar, 7%
pfd. (quar.)___
$13A
5*A% preferred (quar.)____
$1%

9-20
9- 8*
9- 8*
9- 4

10- 1
Chicago Flexible Shalt
. 9-29
.*
Chicago Great Western Ry., 5%. ,pfd . initial) " 62,/aC"
^ 9-30
Chicago Mill & Lumber
V 30c • 10-; 1 ,
.Chicago Pneumatic Tool, common...—
,• 50c-/ 10- 1
*
$2.50 conv. prior preferred (quar.)4-"
62'Ac 7 10- 1
$3 conv. prior preferred (quar.)_____—75c
10- 1 i *
Chicago Railway Equipment, common
'
50c
10- 1
7% preferred «(quar.)___—
""
43%c'';. 10-14 '
pfd.

Chicago Daily News,. 5'A

10-15

Forster

&

9-28

,$1

'

,

Class

&

:

9-21

,

Class

Culver

Extra

9-15.

Crum

77

ijrx'VA." $1.

(quar.)

9-18

9-30

9-16
•'

(quar.)_-L—"

9-15

Chesebrough Manufacturing

10-15"

preferred

'. 9-30

9-25

,

8%

10-15
10-1
10-r 1
10- 1
9-28

•>

1

(quar.)25c
Crucible Steel 5% conv. pfd. (quar.)—$1'A
Crum & Forster, common
(quar.)"—__y 7.7
30c
B'/o preferred (quar,)__^__—__$2

10- 1

,

1

10-

Zellerbach Corp. com.

■

$1V4
75c

10-

50c

Utility Banking, class B

Telephone, 6%

pfd. (quar.)_,.i V '

75c

Corp.

Cuban

9-21.

,

& Sons, b%

.Cuban

(irregular)™.—,

Inc.

*

10-15

(Phila.)—

Reynolds, $6 preferred A__
Wheat

9-15

Chesapeake & Ohio Ry. Co. com. (quar.)—
4% non-cum. series A preference (quar.)_4

;

British Columbia Elec. Pwr. & Gas Co., Ltd.—
:

Fund,

Chesapeake Camp Corp., 5%

9-18

9-21

"

r

9-15
12-15

2

Co.—y

25cr

Chemical

9-18

10-15.

lOd
2'A'A

(coupon No.

(interim)

regis,

(Toronto)—

Quarterly ___—$$1
Chemical Bank & Trust Co. (N. Y.) (quar.)w •:,'^45c
.

1

1-2-43

$13A

(quar.)_!

Bank & Tfust

(C. B.j

'Common

Chartered Trust & Executor

10-

11-

Crown

»

9-19

12-15

50c

Crown

'

9-24

7/77"77'7 "''TV''''V.': ■•'

190)
,.Amer. deposit rets. 5 A pfd. regis. (S-A)_.~
Ord.

9-24

$3c

,4 7 40c

(quar.)_—

9-15

1-2-43

•

$13/4

(quar.).
1__
Cork International Corp., class A__—

/

•

..

9-30
10-15

$$1'A
25c
$1%
40c
30c
50c

(quar.)——
;
Bridgeport Brass Co., common (quar.)
5V2 % convertible preferred (quar.)

9-20
»

V. ,J'

'7

preferred

4

9-20

,10- 1
10- 1
10-15

t$l'A
$32'Ac

:—___

——

9-

(Ltd.)-—

(Phila.)

Credit

9-22

1

10-

$1%

1 '

(quar.)_

9-22

9-30

$p/4

*$15/b

comihon—______ '

Corp.,

Phosphate

of

Cream

,

•'

Bank

Nat,

Exchange

Corroon &

.

of Rec.

9-30

50c

:,_____:_7'

Bessemer

Quarterly

7,

' v

:

7

(quar.)__

Telephone Co.' 6*A%

$3 prior preferred
Com
-

Holders

Payable

7
'<

participating preferred

Cottrell

quarterly

Central-Penn.

9-21

$10c

———__—:—_7

class A__:

Corp.,

Brantford Cordage Co., $1.30

1%

Cooper

9-19

10- 1

Steel" Foundry—

&

When

•

share

pfd. (quar.)
6'A'A
preferred (quar.)— _______y—w
7% participating preferred (quar.)
'___

"

9-30 v
9-15,
9-30
9-22.'^
Champion Paper & Fibre, 6% pfd. (quar.)_i
$lVa
10- 1
9-15
Chapman's Ice Cream of Calif, (irregular):
10c.
10- 1
•.•9-22
Chapman Valve Mfg. (quar.)
V, : 50c " 10- 1 *
9-17
Chartered Bank of India'(interim)... 5'A
7' 9-30
4.^

9-19

preferred

Coronet

'$$2

4,.

Mines

Gold

Patricia

Reduced

(

10- 1

.

1'i'o

Roll

Per

Company

(quar.)

Continental

.

■■*.'■>,

Telephone—

&

preferred

Central

9-21

40c

(irregular)

$4
Brach (E. J.) & Sons (irregular)—25c
Bralorne Mines, Ltd. (quar.)
*•—
$20c

Brandon

9-30

,10-31
10-31
10- 1
.<
9-30.
10- 1

Co,, ;(quar.)„;;7':7;.,

Insurance

9-15

9-30
10- 1

$2

;

—

(quar.)

Herald-Traveler

Boston

9-15

9-30
9-30

62Vac
40c

Corp.

Boston Elevated Ry.

9-23

10r 1
10- 1
9-28
10- 5
10- 1
10- 1

(quar.)_—

(quar.)___

Borg-Warner

Boston

pfd.

6%

8-31

10-1

$1'A
Bohn Aluminum <fc Brass——...—50c
Bon Ami Co., class A
(quar.)7.
$1
Tobacco

Brothers

Bloch

(quar.)__—___i4_

Electric

Common

-Yrk',-iV'

(quar.)—____—
Central Hanover Bank & Trust Co.

$1

$13A
$1 V-s
25c
37'Ac

(quar._

Laughlin

8%

?

.,

(quar.)—

Birmingham Electric, $7 preferred

& Savings. Co.-ir4 p

Loan

'

75c
9-30
. 9-16
(quar.)_
* ;"* $1
* 10-1
J 9-17
Central Illinois Light 4y2-% pfd. (quar.)4_^_
$l Va
,10- 17
9-19 V
Central Maine Power Co., 5% pfd. (quar,)^4 7,; 62V4c ".10- 1
•"•9-10
6% preferred (quar.)__-___4_-_.___4—
(
$lVa• 10- i >
9-10 •
$6 preferred (quar.)—i:
$1V2
10- 1
9-10
7% preferred (quar.)__$13A
10- 1
9-10

8-31

-

10- 1
10- 1

10c
25c

.

_«a. *

^

Continental

9-25
9-15
9-15
9-15
9-12
9-30
9-18
9-18
9-18
'9-18
9-30

,•"-

7

,

Name of

1

;

——-

(quar.)___^i-____u_^__.

(quar.)

preferred

(Toronto)
Central

9-10

10- 1

62'Ac

common

(quar.)

Central Canada

9-14

$$lVa
;
50c
$1V4
$I3A
$13A
37l/ac

;

Corp. of America,

2nd

'

$3

v

(quar.)

9-11

10- 1
10-1
10-15
9-30
9-30

25c

(irregularis

Central Aguirre Associates-

12-31

.

——lA'—,'■

(quar.)——_

preferred
Bird & Son, Inc
$2.50

-1%

,

$1

._•

$lVa

-

•

of Rec.

9-29
10- 1
10- 1*
10- 1
10-1
10-31
9-30
10- 1
10- 1 -.
10- 1-•
10-15

,

25c'
60c

9,-11

12-31

(quar.)___—__—_

common

9-15

11-2
9-30

•

B

*

___^_—.

Company, common

prior preferred
prior preferred

7%

9-15

$1

preferred (quar.)—>—.7
Bethlehem Steel Corp., 7% -preferred (quar.)
Bibb Manufactur.ng Co. (quar.)_—________ >•

Class

5'fo

-75c
$13A

6',^.

(J. I.)

"

•"•••■,-•. 7

■;

Case

Celanese

10- 1
10- 1

,.15c
"

(quar.)

10-16

———

Cement-—

Bessemer Limestone &

(quar.)

preferred B

9-24

10-;1:
10-1

,

preferred A

6%
•

10-1.

(quar.)—— 7 t 25c
$5 preferred (quar.)_—i-ii.:.———■——■—~ .■ ■„
$1V4
Beech Creek RR. (quar.)
;——
—50c Beech-Nut Packing Co.
(quar.)—
—_
$1
Belding-Corticelli, Ltd., common (quar.)_v—
4$1
h% preferred (quar.)_,—-*————;•*'
t$l%
Bell Telephone Co. of Canada (quar.)——_
•
t$2
Beneficial Industrial Loan Corp., com. (irreg.)
37 Ac
$2.50 prior preference series 1938 (quar,)_;•<62 Ac
Benson & Hedges, $2 conv. preferred (quar.)
50c
Bensonhurst Nat'l Bank (Bklyn.)
(quar.).—
$1

6'A

9-14

10- 1 '

40c

(quar.)—-i-

common

preferred

1
3

9-3

35c

—

(irregular)Laa-ULL

common

Payable

share

(quar.)' '•

Company

9-

82'Ac

(quar.)_

$3.30 prior preferred

Mfg„

(J. B.)

of Company

9-

9-30

(quar.)- Barker Brothers, 5'A'A preierred (quar.)—

Barcalo

,

1

Holders

When

K'

Name

of Rec.

;—7'Ac

preferred (quar.)———

6%

1

Payable

50c
Bank Stock Trust Shares,
(s-a)_
10c
Series C-2
(semi-annual)—-.—
—ll%c
Bankers National Investing com. (quar.)- ...
6V»c

Bank

'.'i, V

Holders

When

...

share

flame of Company

Monday, September 28, 1942

10- 1

11-20
9-11
9-22

9-10

9-16
9-12
9-3 2

9-12

9-15

$1'4

9-30

9-15

$iy4

12-18

12-15

Volume 156-

Number 4111

THE COMMERCIAL &

Per

'

,

Name of

Farmers

&

share

Company

Merchants

Nat'l

Bank

When

Payable

Farmers

N.

Traders

&

Life

Ins.

Co.

Bake

Federal

6%

$3.50

to

Co.

25c

(N.

J.)

(Marshall)
6%■ preferred,

& Co.,

4% %

preferred
A

$l%v

9-30

9-19

$1%

9-30

9-15

jj——

pfd.

(quar.)—,

(quar.),/,,,/,, V

9-30
10-

$6

10-15/:

$1.18%

10-26

10-15

-

9-30

9-19

,

5c

9-30

9-19

r4,y
■

(Bait.)—

15c

;/

(quar.),,,.™,,,,,,.;,,,..
Pennsylvania (quar.)

First

Bank

First

National

Insurance

Stock

Bank

(S. F.)

,1

First

National

First

National

19-19

9-30

9-19

10-

$2

10-

—-

30c

10- %

50c

10-

1

10-

1

$2V2

9-30
12-31

$20

10-

1

$4

10-

1

9-21

(quar.)—/ i$2
V ; 40c
(quar.)

10-

1

9-30

Stores

i11-30

62'/a C

$1%

10- 1

9-19

* •••Si'A
,1
" /■'•././'•,'/'
/Z':
7%
preferred (quar.)—1
17VaC
.—_4_>_—/"
Florence Stove Co./,,.^/*^—/-,4—_,/ ,;.v 50c

10-15

9-30

Hartford

9- 8

Fisher

Brothers, $5 preferred (quar.)
(M. H.) Co., 5% conv. pfd. (quar.)

10-

:

Fishman

Fitzsimmons

12-1

•

"$1%

(quar.)
(quar.)—,„w * J
Food Machinery Corp. (increased)—
preferred

Foote

Bros.

Gear

&

Machine

,

10-

1

9-21,

$lVa

10-

1

9-21

,

:/;A70c:.

Corp.—

Heller

Z/V;:.

9-15

9-30

60c

(quar.)
$3 class A (quar.)—

Foreign Light & Power Co.—
6% first preferred (quar.)
Formica

Insulation

Foster & Kleiser

Co.

Co., 6% class A pfd. (quar.)
-

•37'/ac

Froedtert Grain

preferred

7%

:

Fuller

(Geo.

Fuller

preferred

Manufacturing

A.)

Co., 4%

Fulton Trust Co.
Gair

(Robert)

:Zy

:

Gannett Co.,

conv.

& Coj,

preferred

conv.

10-1

&

1

10-17

9-30

10-

1

9-15

1

9-19

9-30
15c /
20c >: 11-1

.9- 10
10

15

20c

1

10

15

11-1

10

15.-//.

(quar.)
•

•

v-

'

:

Corporation,

my*- i

—

Ml'/r
'v

Jh-Ss'S*

10-20

10-

11-

1

10-24 /

$1'A

10-

1

$3

(quar.)

:

75c

?

Manufacturing Co.,

$3

-———

B

Common,,

$8 preferred

$1%

1/.
1
2

General

.7%

Fireproofing, .common——————

(quar.)_———
Foods Corporation—
" "

i/v,

10-

1

10-

1

General

yyy.-;.>y.

:

General

Railway

General
General

6%

Signal

Co.,

common—

General

Time instruments Corp.— •

$2.50 pfd.

1

67c

10-

11.

-

,

;

1

10-

10-

.

9-22

:

9-10

.

;

9-

Common

8

1

9-17

;

■/ 9-17

9-30

10-

•

t

9-21

1

V

9-15

1

*

.' 9-15

-

10-

:

.

'

:
•

9-23

25c
.10-1.
1,25c ; 10-15




•

Bank

10,

1

;

9-30

$$3.75,

10-

9-19

1

9-30

$75c

■

Z..7%

:

Corp.

50c

10-

9-18 '

.12-

1

50c

12c

10-

:

1010-

1
1

10-

t80c

10-1

1 ••^•j/)

,

/

9-

($5

($100 par)

par)

Power

9-30

F

9-26*
(Z

1

9-18

.

10c

10-28

10-10

(quar.)Z.__,

$1%

10-

1

$1%

10-

1

9-25

9-30

9-19

37V2c

10-1

9-18

25c

9-30

8-28

50c

9-30

$1'A

10-15

9-30

8%C

10-1

9-10

70c

quar.)

20c

Co.—I

Wheel

class

A

;

/ /

(quar.

Z„_„z,
'

10-

,

9-11
9-15

1

9-15

87'Ac

10-

1

9-15

3 7'Ac

10-

1

9-18

25c

10-

1

t30c

10-

1

9-20

$1 Va

10-

1

9-11

10-1

9-21

first

preferred

,

(quar.),

SlVa
:,z;

1011-

1

$1

$1 Va

,

!

1

7%

'

Z

Z

convertible

z

■y

1

10-

1

9-10

10-

1

9-10

37'Ac

10-

1

9-17

$$1

10-

1

9-15

Steel,

37'Ac

Industrial

&

-

$6Y2

preferred

9-30

Leich

'

-

Company,*

Z

■

'

10-15

9-30
9-30

12-11

4'A%

1

Little

9-15

-

12-

5

12-

9-25
9-25

«

Lock

9-25

10-

Iron

,

/

•

1

-;i

Z'

9-22

10-

1

/

,

.

:

c

■

■•

.

.

10-

1

9-15

25c

10-15

y/ 9-30

9-30
4

25c

Z

25c

Mutual Fund"

11-2

10-14

12-10

11-24

50c

12-10

11-24

/

9-30
10-

30c

6%

$1%

10-

1

12-

1

(Del.)* class B

1

9-19

tquar.)

9-30

; 9-30

10-27

(R.

H.)

(I.)

$1%
$1'A

;

(reduced)—

& Co.

$2

Marion

|

A

5

-

1

9-18

10-

1

9-21

•

/:,

,

30c.

.

(quar.),

..

10-

(quar.)

.-,.//

9-1.5
.

9-30
9-15

10-1

9-19

10-10

.

9-19

.

10-1

$1%
.ti.t-'t h

1

10-. 1,

.50c

$1'A

'■

9-15

10-15

25c

(quar.),__„,,,
.

,

50c

$1'A

(quar.),,,.

.

10-1

50c.

(quar.)- /

(guar,!,,

io preferred

$5

9-18

,

.

...

preferred

,

•.

,

(quar.)——-

(quar.)

preferred
' '
•

J"

/..

(reduced)—. /

preferred

Power,

■

9

11-

11-14

$1'A

30-

preferred

.

9-30*
9-

1

(quar.$1%

Water,. 7%
.

9-30*

10-15
10-

1

Margay Oil Corporation

/

9-11

10-

Tire.& Rubber—

Reserve

,/

(irregular)

common

Marathon Paper Mill, 6%

Marion

12-22

-

9-30

50c

(quar.l—

9-21

1-2-43
.

$1'A

(quar.)
6% .preferred

Mapes Consolidated Manufacturing

*/

9-30

10- I

50c

convertible

conv.,

9-30

;

10-15

31c.., .30-15.

.

:

Co;

Manufactures Trust Co.- (N. Y.).,~com.

9-19 ~

9-30

10-15
.

;

$!%•

-

(quar.)

&

nreferred

$1.20

9-15

10-24

25c

preferred (quar.)
preferred (quar.)

Mansfield

9-9.:'
1

11-20

:y.

9-19-

10- 1

11-20

I

10-15

.

(reduced

Mahoning CoaLRR. Ca.

11-10

10-

50c

common* (interim),",,

9-19 <,

■

1

12-

pas & Electric Co". (Kentucky)—

preferred

Macv

•

1

?

12-

$1'A

/"

—

9-18

9-15

'

-

10-

9-15

: 9-15
>'■-

1

6?A-%

9-19
-

1

9-21

10-

9-19

10-1

1

(quar.$1%

preferred

6'A%

9-36

50c

(quaT.);*/4vy>>^/'-f,":

Lynn Gas & Electric .(quar.
MacAndrews &. Forbes, common

9-19

/

9-19

1

10-

';■''/" $2 /

9-15

Co.,

Magor.Car Corporation,

»•

9-19
9-15

1/

(P.)

Magnin

■*

9-19

9-30

9-30

.

w,,—!,,,,—25c-' :

9-15

$1%

15c

$1%

12'Ac

Theatres; 7%

9-15

1

'•'

10-28

$l'/8

\

.

Lunkenheimer Co.— >;.

/

9-17

10-

(quar.)^

•'/.

9-11

1

quar.)y_";r,yy,/._:4:/,_,
25c
5%. preferred. ($100.par) (quar.y $1'A *
5%. preferred cum, ,(par $25) (quar.),
31'Ac

•

.;

1

11-

10-15

7.%

(quar.)

10-

Cement

Common,

10-9

25c

common

...

$1%

IOt

/

9-15

9-30

9-30

$1.10

-

participating preferred (quar.),

Louisville

'

9-25

2

10-20

20c

9-15*
'

-10-

2

25c

9-15. i-

1

9-30

11-

10-15

Loomis-Sayles. Second Fund,,—

9-19

v*
.

1

10-15

10-15

9-15

9-30 7

r

9-29

30c

—Z

50c

$l'/8
$1.30

9-11

Star

••/>' 7%

3

$i'/2
;

•

(quar.),,,/—'

30-1

-

9-19

9-30-

^

.

Inc.

10-

./

1

//

(quar.),,,,

Louisville Gas & EJec.

10-31

-

9-25

10-

Lorillard

-

8-31

2

9-14.

8

/,-,/Z/Z .■*/■; ZZ
Z ■:/",,/.////y-..,/•;/ ,/
i,*,,,,,//-//,,,,,',-,,,,,,,' " : z.',.'$l

Pipe

Loomis-Sayles

:

3

-

10-

9-30

6%

>

10-15 '

25c

10-1

$1%

(quar.)

V•//"// Participating

9-22 t

-

10-1

$1%

_L-

(quar.)-•* $75c
(s-a)--—4—>
/ : ,2c

Fireman

••'

-

10-1

25c

$1"

pfd.'(quar;),'
f$l% '
(quar.75c
Longhorn Portland Cement "Co.—
' ''' :/
/'' ..//>,

V

10-

10-

$1%

preferred

Irving Trust Co. (New York)t

Z,

10-

,

9-15

9-30

Lone

2

11-

$lo/4

(quar.)—^.^^,

Mfg. Co. vtc.
Irving Ain Chute .-(quar.)

,

10-

11-2

i

9-19
9-15

1

•»

9-19^:

■

9-30
Z

1

10-

25c

(quar.)

(quar.

CO.—

4,,,-:

Loew's: (Marcus)

•*'

9-22*

-

9-30

,

y

/

preferred ' (quar.),,,,*,,,,//,,'/:"/',-//,"',/"

Loew's,

9-30

10-15

-

preferred

10-

10-1

62'Ac

10-

-9-12

10-15
•

'

/ Locke Steel Chain .(quar.),Z4_4_y,/.4l.l,>,4,

8-31"^

1

>25
*12-24

10c

;

;

10-31

.,10-10
.

.

25c

common

guaranteed

Joint

8 %

RR.

capital

Common.

•

9-30

12-31

y

$3

preferred A '(quar.)_____,__4__4.__,

Miami

Special

5

.

1

Zi-

*'y

10-1
'•9-30

17'Ac

preferred (quar.),",
Oil Refining (quar.)
)
Lipe-Rollway, class A,(quar.)//,//!!,',!//,,', ' :
$1 convertible preferred Tquar.)y_y______,
Liquid Carbonic Corp., common (quar.)

9-12

t

.

$1%

Lion

9-23

2

9-19
9-19

33Ac

-

Link Belt Co., 6'/a%

2

,

45c

12-

1

9-30

30c

2

10->1-

♦:

$1%

50c

10-

.

(quar.),,

://•/: Extra

9-15

12-1

/
■•

$l»/2

-----^-

9-30

10-15

30c

;

com.

Stores Corp,<~ common

9-

.

(quar.y_Z____—_-_Z.Z.^

10-15

6c

$50c

4'A% preferred (quai-.^,„4,_,_/.
Lexington Telephone Co., 5.2% pfd. (quar.)JLiggett & Myers Tobacco, 7% pfd. (quar.),,
7Lincoln Natl. Life Ins. Co. (Ft. Wayne)—

9-

1

12-15

$1%

Z

9-15

75c

Corporation*Z(quar.)/y,_4_/_4_,,,_

10-

12-15

50c
;

5

1

2c

(quar.)

2

10-

50c

Z.

(auar.)..__u_„„_

(quar.)

preferred

9-

,

'

if

12-

10'

■50c

(accum.

Finance,

(Charles) & Co., 7%

Lerner

9-11

2%% >11-1

,,

11-

12-15

$!%

Z.

9-11

•,

>.019

(quan)

$7 1st prefen-ed

$2.50

——.

;

9-18

11-16

;

17'Ac

Lehigh Portland Cement Co. 4% pfd. (quar.)

j'.Z

'

9-30

:yz 25c'

_,__z,__Z_,,Z

University—
(quar.)

' preferred;

Salle

Original

.

9-19

/

.;

preference

Electric

10- 1,

$1 ;

1st preferred, (quar.)

12-24

10-

$15c

,4—

Salle Extension

Leath
y

9-19

s

V 9-30

■"■>',■■• v'

(s-a)- $1
Iowa Public Service,-common—10c
$6

1-1-43

$10c

70c class A
(quar.),
."
Lawyers Title Insurance Co.' (Richmond, Va,p
6% preferred (s-at„__,/,^„_,,444_4„.
Lawyers Trust Co. (N. Y.)_____,_,

-

12-31

10-1

(q'uar.)8%c

preferred

non-cumulatives

9-22

$1 Va

Cap Gold Mining Corp.

7%
La

9-30

$1 ..•;': 9-30

Ltd.—

4

9-

1

10-

$1 'A

,44,

9-18
10-16

10-1

•

(quar.)

Company

9-21

r

$1%

r

(quar.)

preferred

$1

!_

(quar.)

preferred

La

9-18"

1-2-43
/

$ 10c

.

—

(quar.)—,

8-28

10-

Lava

*••.'

./

Co., Ltd.—y

9-24

75c

Latrobe

9-15

.///ZZ"V,
Z
(accumulated)10-1

convertible

8%

9-11

1

'

10-

9-11

v

10-21

(quar.)______

preferred

preferred

6%

9-21

9-H

preferred

Langley's, Ltd.— "/ 'Z-;

l/'i

16-'l-

Investors Royaltv Co., common

.

9-21

Z

9-15

50c

1

.

9-18

A1-1-/2'

Sharest./———V:•..,'',50c

Investment Foundation.

9-15

10-. 1

1

10-

Chicago—

——

Interstate Telephone. $6 pfd.
Investment Co.- of America

10-15

1

+75c

.

9-15

10-

"

15c

7% . pfd. (quar.)„>
Interstate Department Stores, common.^>„/'
7% preferred (quar;)+

-

9-15

,

30-31

$15c
-•31'Ac

2-

9-19

$l'/8

Langendorf United Bakeries, class B
*
Class A >(quar.)
4.„....„/
6% preferred (quar,),,_,J,,„„____//^_4

11-16

9-30

-

$$1

International Silver Co..

9-16

2

10-

1,

6 2 Vac

9-18

j——,,.:Z',y50c'..;-10-

International-Salt .Coa—.-

9-16

9-30

$75c

$1%.

9-19

10-

9-15

9-15

1

v

75c

Nickel Co. of

International

9-J9

10-15

um

9-15

1

1

9-18

9-30

'

Ocean Telegraph
(quar,)^_>^ ;
International Paper Co.,: 5% pfd.. (quar.)^r.

-

9-15

,125c

9-15

1

1

Lehman

(St. Louis)—

of

preferred

.

,7%

9-19

;

-

9-30

10-

$$3%
t$3%

:
_——/^i.—

International Shoe,Co.-

-

9-30*\

9-15*

10-7

$l'/2

International

9-18

L

1

10-

10-

...

—

,

9-15

V

10-

$1%

Banking & Loan (Hamilton, Ontario)
Quarterly
,4:
Landers, Frary & Clark (quar.)
Landis Machine Co.—
"Z
,
/' / Z; /'• /'•'.,
ZZ Common
(quar.) '
1%
preferred (quar.),
1
Lang (John A.) & Sons (quar.

9-30'
•

/-

,r_

7%

9-21

10-. 1,

7%

convertible

Lambert

9-19"

/':

.

Canada, Ltd. (quar.)
Payable in U. S.. funds
Z

10-

-i—---- -—

Cooperage, class A—•
.'.V ' i
-

(Toronto)

/

-4%i preferred

,

9-22

2

.10- .1

$0.0244

,1 £ ■

Zv $l'/2
•> 15c

-

9-15

b5c

-

(B.)

preferred

Co.

(interim)

'

-

i

•v

10-

ioc

35c.

(Winnipeg) '(quar.)

6^

:

9-15

1 •'

10-1

75c'

,-t$3

.

preferred (quar.)-——-——
6#i 2nd preferred (accum.)—
Great Western Sugar, common (quar.)_J——
7% preferred (quar-)
—.—
Green (H. L.) Co. (quar.)—————-

Greif Brosv.

t9-18

1

10-

Col,

6%

1*9-18

9-30
•'

75c

-62'/2c

International Minerals & Chemical Corp.— ' ' "
Common (initial)

Co., Ltd.—

Water System,

Z

$5hc

preferred—'

1

.10--1

'

1st

Greenwich

.

1

'10-15

30c

(irregular)
•
50c
International Business Mach. Corp;, (rjuarj)
$1%
International Harvester Co./ com. (quar.), 50c
International Milling,-. 5% preferred (quar.)_
' $1'A

Internat.

t62y2c

10c

*

$1 Va

Telephone, >6% preferred (quar.)/.,
Lamaque Gold Mines/Ltd. (interim)
/;•' Extra

9-11

/ 10-15

25c

Bank group,shares class A
'
-Insuranoe Group Shares (stock div.)—
Interlake Steamship Co.

.

y '• $62c

9-14

9-15

1

8-24

101

t

$1'A :
s>./

—

•Aviation• Group

.

■

*

-

.

9-30

1

La Crosse

Inlandr Investors, Inc.
"
15c
- 9-30
9-21
Institutional Group Securities—rZV;,A.i;.«

.•

$iy4

9-14

10-

9-14
*

$1'A

(quar.)„„,_,„__,

6%

9-23

'10-

-

(quarterly)
50c;
preferred (quar.)—>, $1(<W

4'/2%

.

Common

Assurance

Industrial Rayon

•

-•

50c

■-62'/2c
:'■ ./
$1

/Common

-

•:

1

(quar.)Z

Laclede-Cliristy Clay Products Co.—

r

87'Ac

u—„

10-

i 10,-19
*

Landed

■/-

(quar.)

1

$iya

(quar.)_,I_, ■

$6 preferred

•/7% second preferred (quar.),
Lackawanna RR. of N. J. (quar.)

9-22

9-30

1

10-

Department Stores

(Reduced

v/ 1 6l7o

9-31

10-

10-

9-18/

•

11-

$1 y»

10-

9-23 '/

:9-30

:

$l'/2>

7

—

Quarterly

-

■

25c

'

/

—^—

Industrial National

..

Wire Co. (quar.)_————Greenwich Gas Co., $1.25 pa-rtio.-pfd.--(quar;)

•:

9-29

15c

$1'A

(quar.)

Kresge Dept. Stores, 4% conv. pfd.
Kroger Grocery & Baking—

10-1*

12c

1

9-18

10-

-

Co.

Industrial Bank & .Trust Co.

,

.

-Greening

/

50b =-10- 1J
9-15 •;
.Z'Z" $1.05-510-1 Z
9-15'
;//15c
10- 1
9-21/ Z
/ $50c !%i 10/'-l
■/
9-15 "

(quar.)—

1

/<

i

(quar.),,,,^/,,,^,,,,,,^^!:,

preferred

10-

$1%

Power, 57a pfd. (quar.)
Elec., 7% preferred (quar.)

preferred

$1%

25c

9-11

:

; '

.

7%

Company, $1.50 preferred (quar.)
(D.) : Emil Company, common,,
;
Kobe, Inc., 6% preferred AZ„„_______
Koppers Company, 6% preferred (quar.)

10- 7

-

C.). Co.,

6%

9-15

-

"10- 1

M5c

xommon

Sons Co.,

*

$1 'A

9-19

•>/

..

$5c

i: $i'/2

common——-

Mortgage Corp.

.'9-4

Klein

'

9-11

7'7a .preferred (quar.)-,:•
I. $1 %
30- 1
Indianapolis Pwr. & Lt., 5(4% pfd. (quar.)$1.31'A •/ 10- 1
Indianapolis Water Co., 5% pfd. A (quar.)^'; $1'A
10-1
Industrial Acceptance, 5% conv. pfd. (quar.)
Z. ;1 $1'A ZZ.:9-30

3;

Co.

West Saddlery

!

9-11

9-29

50c
y

.

preference (s-a)——/__/_—
1/—
3%
Indiana General Service, 6^ pfd.
(quar'ZjliX;;/$1 %
Indiana & Michigan Electric, 6% pfd.
{duar.),."y.Z'Z

$l'/a
(quar.)
.
9-20 '
50c.:. 10- I '
(quar.)—9-18
10- l >
$3^ pfd.Mquar.)——y \8IV2C
10- 1
$1%/. 11- 2
Gillette Safety Razor. $5 pfd. (quar.)—10-26
10-10
$ 1 V-2' "
Gimbel Brothers, Inc., $6 preferred (quar.) —
9-15
50c :
10-a
Girard Trust Co, (Phila.)
(quar.)
/ 9-14 /
10- 1
v."
40c-i
Glens Falls Insurance Co; (N. Y.) (quar.)—
10- 1.
9-12
56'Ac
Glidden Co., 4Va% convertible pfd. (quar.)_ ,
10- 1
9-21 /
;
$1%
Globe-Wernicke, 1% preferred (quar.)__^—10- 1: ..9-18
$1
Godchaux Sugars, Inc., class A (quar.)——
9-18
10- 1
$1%...
$7 preferred (quar.h.—
5c
9-10 ;.
9-30
Goebel Brewing Co. (quar.)——————
10-31
10-15
$2c
Gold Belt Mining Co., Ltd. (interim)/—,,
:■
10- 1
SlVa
9-30
Gold & Stock Telegraph Co." (quar.)—;
.10- 1
62'/ac
,9-10 '
Gbldblatt Brplhers, $2J50 cohv. pfd." (quar.)- .
10-15
9-30
■l„ 20c
Golden State Co., Ltd. (quar,)—
— >
/
9-30
■
50c
>r. 9-30
Goodman Mfg. Co
$6 preferred

Great

30C./
'

1

10-

// j6r/c

,

9-15

1

10-

10-

Great West Life Assurance

t25c

(quar.)_-__t,-___-_—__u

9-21

10-

/

Imperial Paper & Color Corp.—
'
Imperial Tobacco Co. of Canada, Ltd.—

9-10

i

1

Liie

Quau-terly
Quarterly

vt9irl8

1

10"

$i%

$iy4

\

(B. F.) CO., $5 preferred (quar.) —
Goodyear Tire & Rubber (Canada)—
;
Common
(quar.)—
5%
preferred (quar.)—'—
Gorton-Pew Fisheries
(quar".T-—-—Goulds Pumps, Inc., 7f^ preferred—-/——
Griand Rapids Varnish Corp." (quar.)— I——
Grant (W. T.)- Co. (Del.), common (quar.)_w
5% ^preferred- (quar,)_———i——.
Great American Insurance (quar.)
Great Lakes Paper Co., Ltd.—
$2 class A partic. preference (accum.) —
$2 class B partiq. preference (accum,)—„
Great Lakes Power Co., class A pref. (quar.)

10-

(quar.)—

(interim)_y—
Refining—

Erie

1

Kirsch

9-23

9-30

25c

$l»/2

25c

$ll/a

Goodrich

37'/aC

Z

/

y

Imperial

''

Georgia Power $5 preferred * (quar.)———

(A.

1

9-23

•

9-10* /

9-29

;? 25c

Common,(quar.)
(quar.)—— —v—
General Tire & RubberCo.y6% pfd. (quar.)

Gilbert

10-

—

(quar.)_—-

.10- 5

10-1.

•; 62'/ac

/:' $6 preferred

Gibson Art

$1%

(quar.)

&

4

10-

"

9-16

,

2

io- 1

25c

9

9-21

10-1 v

$lVav

(quar.)

10-

10-1

Sl'A
,

—

Telephone, Corp..

2

10-

15c v

.

•

4,

General

11-

$i%
$1%

preferred. (quar.)———

General Refractories Co

1

-

General

General

10-

—

—

6%

9-

$iy»

'

Kings County Lighting Co., 5% pfd. D (quar.)
6% preferred C (quar.)
7% preferred B (quar.)
;

10-20

Huttig Sash At Door 7% preferred (quar.)_A$1%^ / 9-30
9-211
v»*
Hyde Parld Breweries Association^y^-^-t//;:
/
50c '
10- %
9-17/
Ideal Cement Co. (quar.)„—y-'—,
35c f n 9-30 •V 9- 5Illinois Bell Telephone Co._————yzyj.,
*
'•'$1%
9t30
9-18 •
Illinois Commercial Telephone Co.,
f•'
y-j
Madison,
Wise., $6 preferred (quar.)
»$iy2 V 10- 1
9-15
Imperial Bank-of Canada (reduced quar-,)-«
1
11- 2
$$2
9-30

,

9 '21'

9 -21

10-30

31'Ac

(quar.)—!

(extra)

(quar.)

Hussman-Ligonier,

9.-25

5
5

9-18

$1'A

Co.,

*

1

Kentucky Utilities, 6% preferred (quar.),,,
Kerlyn Oil Co. class A (quar.)
Keystone Public Service, $2.80 pfd. (quar.),
Kimberly-Clark Corp., common (quar.)
6%
preferred (quar.)

•

$i %

preferred

General Industries,

General

r

1

$iv,«v;

(quar.)————y—
5% pfd. (quar.)—^
Instrument Corp, (quar.)—————
;?
Mills, Inc., 5% pfd. (quar.)—
Motors. Corp., ~$5 preferred (quar.)—
Paint Corp., $2.67 preferred———V :
Printing Ink Corp., $6 pfd. (quarj-

$4.50

10-

10-1 -y

99-

Z

10-1

15c

Huron

/.

9-19

$1

—

(Canada)

9-

10-

Copper
Special Z—

9-19 />/:

$1%

9-23

$1'A

$1,50

9-19 /,

,

9-17

(quar.)__

Kelsey-Hay6s

9-30

43 %c

1

(quar.)„,._,

B

Kennecott

9-30

v

9-10

preferred

Electric

9-19

9-1i**

-

common—-

Hummel-Ross Fibre Corp.,

-30.

9-19

1

7

1

preferred A

(E.)

f

1

9-30

10-

,

Keith-Albee-Orpheum, 7% conv. pfd. (quar.)
Kelley Island Lime & Transportation—

10-

10c

Humphreys Mfg. Co., common
: 6% ,
preferred
(quar!)

v

9--10

19

10-24

25c /;■

$i%?>

preferred

9-■19

10-10

35c r::

General Electric Co, -—/-J—

Humble Oil &.

6

Kaynee

10-

(quar.)-J

—

$1.50 pfd.

(quar.)

Co.

10--17/31

10- 3

22c,

preferred

Shoe

.9 -18

.

,

IVaC i

-,7/p

Howe, Sound

Humberstone

5

10-

r

Corp., common ,(quar.)_(quar.)—

9 -18'

1

10-

•

1

:

10-

;'$7 preferred

9-21

1

9-10

1

10-

Z'9-19

10-

-

9-18

10-

$1%

(quar.)__„____. '

$1 'A

-

9-18

.9-29

.

50c

9-16

'

9-18

;

$1%

Kaufmann

/

.10-; 5

9-29

9-29

$1%

Katz Drug $4.50 preferred
(quar.)_,
Kaufman ■ (Charles"A.) Co.

10-1

■

'

$ 1V2

37'/ac

$1%

'

1

9-15

10-26

7.

9-10

9-15
:

9-15

9-30

30c

1 *10-17

9-10

*

9-30

$1%

1

;

v$iya '•

Houston Light & Power (monthly)-L.
Houston-Natural Gas Corp. com. (quar.)—_

1

50c

9-22

9-22

2

$6

Electrochemical

preferred

.

1

9-22

10-

'

9-16

10/

15c

-Z,—

(initial)—

9

11-

(irregularly-

,

yU

10-

9-22
'

11-

$6

9-30

1

10-

37'/2C

Household Finance
Z

1"

1%%

Kansas-Nebraska Natural Gas, com.

^

(quar.)___

Transit

9

10-

$1 '/a

(quar.)*-^

Capital Corporation

/

t9
,

$2

(quar.).

(quar.)——;

(irregular,)

General Box' Co.
General

10-

75c.,«

■/":

1

9-28

fV. 15c
•'

General American Investors, $6 pfd.

General Baking

40c

(quar.)—w—

?:

9 -15

1

10-

:

1S1.37

(quar.)

i-

9 -19

-

10-

25c

—

Z

1

9-30

50c

preferred

.

1

10-

$1%

/

6

9-21

10-15

25c

Co.—
ZT:,/- ; /
(quar.)—
/„■—_•
Hoover Ball & Bearing Co. (irregular)—-—
Houdaille-Hershey;' class A (quar.)—^-i-/

6<U

9 ■15

,

9-30uV '9
10-

Hooker

25 •;

9 •15

9-30 „

Rapid

6% .preferred

9 •15

9-30,/

;t$lV*

:—

class

1

Honolulu

21

9

9-30...

f.9-30

115c

partic. preferred A

cum.

i

10c

*

:

preferred (quar.)——-,
5'A% preferred (quar.).—
Gemmer

1

37Vac

(quar.)—,—

21

10-

v

lTVaC

.,

21..

J

10-

$1%

Z————j,

Co,

1

10-

$1%

$1'A

Kansas Power Co.,

(quai\)>/^-__Zi_,

Trust Co.

Co.

•:

$1%

Spencer Bartlett & Co. (monthly)Oil, 5% prior preferred (quar.)——

(D. H.)

10-

l'/4%

9-17

$1.06 V4

Kansas Gas <fe

25c

Paper

l'AZfl

preferred (quar.)
Kalamazoo Stove &
Furnace-^_,^,_„_,
Kansas City Power &
Light, $6 pfd. B (quar.)

9-17

$1%"

(quar.)—

Corp

(Charles E.)

(quar.

preferred

Kansas

9-16

1

9-22

5%

9-15

1

10-

1

5%

-

■,'■(>

:

,

9-30
10-

30c

(quar.)d._—y

(quar.)

preferred

Kahn's

$6 preferred
Honey Dew, Ltd. (quar.)—
Honey.mead Products (quar.)

v

9

..',9

=

9-17

10-

(quar.)__„^„^__„_4_,Z._,;

9-23

Home Gas & Electric,

9

1

9-15

9-30

Holophane Company, common-x—2L
$2.10 preferred :(a-a)

V

9 21

9-30

1

25c

Co.

Monthly

1

10,

$l'/a

(quar.)

1

10-

1

17c

Jewell Tea

9-16

lquar.)„u_i.—u_

Co, (quar.)——— _-/t,^,—Hollinger Consolidated Gold Mines—
V.
Z

"

9-30

10-

■

ioc
30c

.

5%

•

10-

.

$2

(quar.)——

common

30c sr
$1;

-

'

Gatineau Power Co., common

11-

$1%
■;

(quar.)„/_,

(quar.)

Motors

Holmes

'■•C

.

9-30

10-

Co., Inc., 4'A % preferred (quar.)
Johns-Manville Corp., 7% pfd.
(quar.),___,
Joliet & Chicago RR.
Co., stamped (quar.)
Jones & Laughlin Steel
Corp., com. (reduced)

9-21

•9-9

9-15

Holland Furnace

y

(quar.)—

pfd.

Hires

6%
7%

9-15 ;

I

1

9-29

9-15

—

5% .preferred
Hinde & Dauch

9-15

.

10-

'

y

/ 10-^1

■

1

1

& Co., common

7%'prior preferred

'9-15

1

9-19
10-

1

Co.——-u-/—,

Hilton-Davis Chemical,
Hinde & Dauch Paper,

V"

Gorlock Packing Co,
Garrett

•9-15

9-15

(quart,/

common

10-1

10-

.,_4,_,

preferred

Inc., class B

Garfinckel;(J.)
6%

preferred

Y.)

(N.

9-20

10-

;

25c

(quar.)

Co.,——

Co., 6%

1

l;35c

(quar.)—

& Malting Co., com.

Co.

Hibbard

10- .1

,—

Brush

1.

t$l%

•y Extra
——w—-—v——* i
$1.20 preferred < quar.)
Fuller

;

pfd. (quar.)_——

Distilling—

convertible

Hercules

$l!t!

Water Supply Co., com.
(quar.)Z.'__
preferred A (quar.)
(W. B.) Co. (resumed)«__^,_
Jenkins Brothers, founders shares
Non-voting shares (irregular),
!
7?o
preferred (quar.)_
Jersey Central Power & Light Co.,-—
5'A'/a preferred (quar.)

9-15
•

1

(quar.):

$5

9-15

1

10-

• (quar.)
;
(George W.) Co., common (quar.)
preferred (quar.)i--———
,:_i—.

:;x7%

-

9-24

37%C

—

Foundation Co. of Canada, Ltd. (quar.)
Fox
(Peter) Brewing Co. (quar.)_iLv__—

60c

1

"

,

—.-_-/,

Franklin County

10-24

10-

•

50c

Paper Corp., 5'*

10-24

10-

$1%

:

preferred

Fox River

2

11- 2

75c

C

10-

Jamaica

.

10-15

25c

—

Insurance

(Walter E.)

Hickok

Foster Wheeler Corp.-*-*
>
6% prior preferred (quar.)
$7

11-

25c

,15c

,—

1

■

10-

10-

_///-.

pfd.

Nat'l-Bank

of Rec.

Jarvis

10-

43% C

Extra

Helme

,—-

preferred

9-15

f50c

:ZZ/Z7%, preferred

Z'/;//■

(irregular)

convertible

9-15

1

<; 9-30

—

Common

Forbes & Wallace,

7%

,

10-

$50

4'/2% pfd. (quar.)_
Co. (quar.)_j-y»-i

HazelrAtlas Glass ;(quar.)

*

$6

'

,

noc

preferred

7%

Holders

Payable

preference D (quar.)
preferred A (quar.)^^„
preferred B (quar.)^,^

-»

$iy2

hr/P preferred (quar.)'
!
Haverty Furniture Cos., $1.50 pfd. (quar.)s
Hawley Pulp & Paper, $7 1st pfd. (quar.)__
y ; *$6 2nd preferred
(quar.)//-__-y-"-/--yZ. ^

9-24

.

T/o

25c

;

11-20

j'9-30

.

preference

57a

9

Hatfield-Campbell Creek Coal—

Stores—

Florida Power & Light, $7 pfd.

5%

9-15

70c

$5 preferred (quar.)_
Savings Bank (Chicago)—'

Harshaw Chemical

11-24

1

(quar.)—,—;—

7%

When

share

.

50c

common

9-15

■

■

Hartford Fire

Jamaica Public Service,

9-

10-1'

■'

,

(quar./__^_„___

1

com, (interim)(quar.)—

class A

(quar.)

Harrisburg Gas,

:

'

.

common

1

f75c

Quarterly

;

1

1

preferred

Co.,

10-

40c

Ltd.,

(accum.)

&

10-

10-

Coal

10-

40c

——^

Insurance

Co.,

Harris Trust

<

'

-

Harris-Seybold-Potter,

9-15

(quar.)—,.—

(A.)

.10-1--

'

Creek

—

Paper'Co.,

6%,preferred

;

$6

Name of Company

/

,

Theatres, Ltd.—

preferred

,

Harris

12-23

York* (quar.)—

"r

Trust—

(irregular)

Harbison-Walker Refractories Co.—

9-23

$1

United

Hanover Fire

9-25

$1

/

'

Md.), 6% preferredpfd. (annual)
;^v—,

Co.,

Mfg. Go.,

Hammermill

'

9-I8

i

New

(St. Louis)

7 T/c

.9-15

Bank ^Pittsburgh)

National

'

-

5/1

10-15

Investment

preferred

(Bait.,

Cottons

Hamilton

/

9-12

(Phila.)

Bank

First National Bank

1

$1

(quar.),_y_4_-,;
First National Bank of Chicago (quar,)——
First Nat'TBank of Jersey City (quar.) ,,w„'.
Quarterly
—,—— z/,-—\,
of

9-30

I

$2 convertible preferred
Hamilton

9-19

6%c

(Bait.)

National Bank

9-30

—

(quar.)

(s-a)

Corp.

Realty

Hamilton

;

9-25

f55c

Gulf Power Co, $6 pfd. (quar.)_i—u—
Group No. 1 Oil Corp.-/
-u_—ZZw
Hackensack Water.,7% pfd. A (quar.)
J
Haloid Company j.
*"•

;

10-26

15c

(quar.)

common

preferred
Fund

'

9-30.

.

Shares

Series

Gulf Coast Water, V/o
Gulf Oil Corp.
(quar.)

9-15

1

10-1

37'Ac

$1.50 preferredu'

Rail

Guilford

25c

,

5c

Fireman's

First

f

$iy2

(quar.)

(quar.),,,,

of

Guardian

10-10

';

Finance Co.

First

1

10-15

Extra

5'A%

10-

75c

:

(qua?.),/

B

Guardian Public Utilities Investment Trust—

Non-cum.

Extra

Class

Giiardian Investment Trust,

9-30

(s-a)___

Preferred

(quar.»__

Finance Co. of America
Class

6%

(N. Y.)

(Wm.)„& Sons,

Series I preferred

9-30

2

Island

1

9-15

11-

9-25

Investment Trust—

1

Co.— /

(quar.)

series

2nd

Avenue Bank

Fllene's

Guardian Bank Shares

Dyeing—

of Rec,

10- 1

,

preferred

10-15

1$4

Fidelity Trust Co. (Bait.)

9-19

Per

Payable

25c

10-15

'*

$lVa

______

1

10-

50c

common—

(quar.)——

Field

10-

35c

9-11

1113

Holders

When

Share

,

.

(quar.)

common

(quar.)
13%c
Griggs Cooper & Co., .1% pfd. (quar.)$1%
Gruen Watch Co., common (quar.)
'12'/2c
5% preferred (quar.)
31'Ac
Guaranty Trust Ccf. of New York (quar.)__
$3

9-12

10c

Stores

Name of Company

'

5'/a%

9-15

preferred

preferred

Fifth

1

9-30

(quar.),,,,.

'

Shoe

Fenton United Cleaning &

7%

10-

25c

(quar.)

Curme

$7

1

Truck——

preferred
&

10-

Inc

Federal Services Finance Corp.,
Feltman

9-25

1

(Syracuse,

(irregular)

Shops,

Motor

10-

$2'/a

Faultless Rubber Co.

Federal Insurance

/

Greyhound Corp.,

Y.)- (quar.),,

Federal

Per

t

'

of Rec.

(L. AO$4 '/a

FINANCIAL CHRONICLE

Holders

10.

t*-

4

9-15

1
; *•.

9-11
i; M :

THE COMMERCIAL & FINANCIAL CHRONICLE

1114

10- 1
9-30
9-30
9-30
11-30
10-15
9-30
10" 1
10-1
10-1

$1
Marven's, Ltd., 6A preference (quar.)—
tSlVa
Mathieson Alkali Works, common__________
25c
7%
preferred (quar.)—J,.*;.—__w—$1%
McClatchy Newspapers, 7 A preferred (quar.)
43%c
McColl-Frontenac Oil, 6A Pfd-. (quar.)--™J$lJ/a
McCrory Stores Corp. (quar.)—.——____/
25c
McGraw-Hill Publishing .Co,-—,-—-—--4--,k;'
15c
McKee (Arthur) & Co., class
75c
McQuay-Norris Mfg. Co. (quar.)™—;
r
62Vac
McWilliams Dredging
—
25c
Mead Johnson & Co. (quar.):
75c
«"

Martin-Rockwell Corp.

™_™_::_™__k_±™k__;:A_k_kkAkk:,' 50c''

Meadville Conneaut Lake & Linesville RR.-—

(s-a)

6

Mercantile-Commerce Bk. & Tr.

Quarterly,™—;
"Quarterly
Merchants Bank of New York

■-

12- 5
12- 5

i—

Quarterly

9-15

$1%
$lVz
$lVa
$lVi
$1V*
$1%
$1%

Metal & Thermit Corp., 7% preferred (quar.)

Metropolitan Edison, $6 cum. pfd. (quar.)
$6 prior preferred (quar.) A—
_i
$5
cumulative preferred
(quar.)__
S7 cumulative preferred (quar.)

__

•—

$7 prior preferred (quar.)_;
____
Meyer-Blanke Co., 7 % preferred (quar.)-—.Michigan Public ServiceSB junior preferred (quar.)———-,/■

'

10-1
10-1
10- 1
10-1
10-1

$lJ/2
$iy2
$lVa
$1%

preferred series of 1940 (quar.)—.—-.
6A preferred (quar.) ——/
7% preferred (quar.)
Miami Copper Co.
Michigan Associated Telephone—
6% preferred (quar.}_
—•
A—
Midland Steel Products, common
%
$2- non-cumulative preferred
8'fr preferred
Midwest Piping & Supply (quar.)
—_
Mid-West Refineries; Inc., com. (irregular).
Midwest Tool & Mfg. (quar.)———
Miller Tool & Mfg. (initial)
Minneapolis Gas Light $5 partic. units (quar.)
Minnesota Power & Light, 7 A pfd.: (quar.)__
6'k preferred (quar.)_

10- 1
10- 1
10- 1
10-1
10-16

25c

T/o

$1V2
50c

9-16*

9-19
9-16
9-21

Utilities,

class

A

North

American

One

;

9-15
9-15
9-15
9-15

:/-,

common

7%

10- 2*.

preferred

A

10-1

(quar.)—-

■

(quar )

6in

(reduced)

6%

6%

(St.

Louis)

6%/

(quar.)

Manufacturing

Corp.
Co., 1st pfd,

-National

$1(4
$1(4

10- 1
9-30
12-15

50c

9-28
12-28
10-15
10-15
9-30
10-1
' 10- 1
12- 1
11- 2
10,-15

50c

'

15c

(quar.)

Battery Co.—

;Lv

National Biscuit Co.__™_—

'

National Bond &

Vk;,'" 15'c.'-,; 10-15
t50c
10- 1
preferred (quar.)__
i44c
10- 1
National Candy Co., common.—
25c
10- 1
T"c 1st preferred (quar.)
$134
10.- 1
7.% 2nd preferred (quart)_:_k--~k.-——$134
10- 1

National

Breweries, Ltd.,

common

Tin.

National

Cash

Register

National Casket Co.,

(quar.)—.;
Jk;

(quar.)—25c

(resumed)—
25c
preferred
——.4%—;--/.
t$23A
National City Bank. (Cleveland ( (s-a)__—™
60c
National Citv Lines, class A (quar.)_——
50c
$3 conv. preferred (quar.)___—75c
National Dairy Products Corp. (quar.)
,
20c
National Department Stores, 6% pfd. (s-a)_
30c
National Elec. Welding Machine Co. (quar.)
2c
National Enameling & Stamping Co.__-._-37l/2C
National Folding Box, com, (irregular)
50c
National Fuel Gas Co. (quar.)—
25c
National Grocers, Ltd., $1.50 pfd. (quar,)
t37c
National Lead Co., common (quar.)—12(4c
6preferred B (quar.)
—$lVa
common

$7

__

National Oil Products

25c

,,

National Power & Light, $6 pfd.

10-16
10-16

10-

1

9-15

11-2

10-10

10-

9-17

1

50C

Pictorial

Car

$134

6'/2%

-

Navarro
,

Oil

,

^

Company.——

Neiman-Marcus Co., 5%

preferred (quar.)




__

9-21

1

9-19.

10-15

$2ya

9-18

10-10

■

$1.31 y*.

10-

10-1

2AC

XI-

1 'A

9-21

I

10-15.

11-16
9-30

11-

preferred

1

9-15.k

10-

1

(Conn.)—

9-18

10-

1

9-18

9-30

9-15

.

Corp

10c'

"

65c

10-1
10- 1

9-15

15c

10-

1

8-31

75c

10-

1

9-15.

;'$!%

io-

i

(s-a)

(B. C.)

_____

Plomb Tool Co.,

$1%

1
1

9-15

15c

A

10-15
10-1

20c

9-30

5

10-1

9-

10-1

9rl0

1

9-10

10-

Pollack Paper &: Box Co., T/o

/

pfd.

$1%.

12-15

i Pond Creek Pocahontas Co.^____^_k—
Porto Rico Power,

Ltd., 7%

pfd.

Potash Co. of America

k 10- 1

(quar.)__

10-

9-25

'

9-10*

12-15.

1

9-17.

$1%

10-

1

9-15

'

50c

10-

1

9-15-

"

50c

(quar.)
'

—

Power

10- 1

9-20

t60c

10-20

9-30

10-20.

9-30

Corp. of Canada, 6% 1st pfd. (quar.)
6% non-cum. partic. preferred (quar.)
Pratt & Lambert, Inc. (reduced)—
Premier Gold Mining Co., Ltd. (reduced)

50c

10-

1

9-24

Pressed Steel Car Co.,

50c

10-' 1

9-24

75c

10-

9-20

kk'kk-'

9-15

10-1

:

9-30

15c

50c

'

(quar.)_.

Plymouth Oil Co._^_—k—,■
—

; ":kk

9-24

10-1

A'/A.'

.

9-io

10-

$2 v2:.

(quar.)

Mfg. Co.

9-10

10-

$1

(quar.)

common

Plume & Atwood

9-10

;

10-6

75c

(reduced quar.)—___

Planters Nut & Chocolate

9-15

;.Ak;

9-15

65c

pfd.

(s-a)

Plainfield Union Water

2

.-15-43

10-

-

,

1-43

•

75c

Plough, Inc.:

20c

—•
^

preferred—
__ __

_.—_ _

k

my2

Tire

10-15

175c

10-15

N.

Y.,

k

9-19

Nova Scotia

25c

9-

9-30

10-26

9-30

Procter

10-1

9-15

Prosperity Co., 5% preferred
5%> preferred (quar.)

$4(4

(quar.)

7%

,

1

;

&

Gamble

$l5/a

10-

9-21

Providence Gas Co.

$134

10-

9-19

10-

9-19

9-14

1

9-15

Public Nat.

'

Common

50c
$$1(4
7(4c
—_____kk:k'7(4c

9-17

10-1
10- 19-30

(quar.)

Y.)

10-15,

11-14
9-30
10-1
11- 1
11- 1
10- 1
10- 1
10-30

Ohio Edison Co.,

$6 preferred

.

$6.60
i':

$5 preferred

9-23

,

preferred

.

(quar.)___

—

.

,

$7 preferred (quar.)
$7,20 preferred (quar.)

(monthly)

5%

12-21

eommon

(qua-r.)—

:——

,

;k:.6%"- preferred

,

k

______

preferred

6A

preferred

9-15

1

9-15

10-

3

1

9-16

9-30

1

9-15

$5 non-cumulative;preferred

1

9-23

10-

1

9-21

5&y3c

10-

1

9-19

10-

1

9-19

10- 1

9-19

50c

■

_______ *

41%C
20c

9-30

50c

10-15

11-14

10-15

$iy».
$1%

9-30

8-28

9-30

.

'

Public Service

1

9-10

1

9-10

10-1

9-10

10-

1

9-19

10-

1

9-19

k

10-

X

9-19

■

k
'

-

8-28

.

9-10

'

-•

Radio Corp.

,

'

Ontario Loan & Debenture Co.
.

Ottawa

Electric

Ottawa

Light, Heat & Power,

Railway

'■'■if 5%' preferred

(quar.)

(quax*.)

—

_

com.

:

Otter Tail-Power,

$4»/2 preferred
Plantation—.
■'.Pacific' Can Coi (quar.)

iquar.)_—

10- 1 ;/'. 8-26
8-26
;
10- 1
$iy8v. .l0- 1" A 9-15
9-25
15c • • 10-5

tl5c
$$1(4

(quar.)
^

.

Paauhau Sugar

5%

preferred (quar.)

^

k

—

Pacific Finance of California, com.

'

.

(quar.)—

—

s

9-30

9-W
9-22

6%

9-22

9-11*

1st

Mines,

Ltd;

Steel

Car,

10-15

25c

9-30

A'k'A

10-

1

9-19" r

kkk..

k/A:$2.;
^■'$134,

10-

1

9-19

11-30

11- 2

87 AC

10-

1

9-21

10-

1

9-21

Class

10-20

f

7c

10-20

;

kA;25ck

(quar.)

"

9-30

Reed

25c

a 9-30

9-15

50c

9-30

: 9-15

:,10-

:30c

_________

u ■':-

■■

1

'

7A

pfd.

(quar.)
(increased)

6%

1

9-17

9-21
,

9-15

10-

1

1

k 9-15

40c

9-30

9-19

*40c

12- 1

non-cumulative

preferred

(quar.)__
(quar.)

11-16,

90c

preferred A

10-

25c

11-2

$i%

10- 1

(Dayton)

common

;

12 Ac

6A preferred B
Republic Steel Corp,, common____A—-_--_A
6A
preferred;. (quar;)ik-kk»kkikyikAA)AA'''
/ 6A prior preference A (quar.)
Reynolds Metals Co., 5'AA conv. pfd. (quar.)
Rice-Stix
Dry Goods Co. 7% 1st pfd. (quar.)
Ak' 7 % '2nd preferred (quar.)

1
1

9-21
9-10.

10-

1

9-21

9^10

11- 2

15c
25c

10-15.

11- 2

■

10-31
9-15

9-18

10-17

y

9-15

'

A $1A

10-15

10- 2
:

9-9

10- i

9-

10-1

9- 9

10-

9-18*'

9v

"

12-31

Richman

81A
•; $1%
$1%

1

10- 1

9-15

10-

I

9-15

10-

1

9-23

:"$1A

10- 1

9-11

$1%

9-30

9-15

;;30c

9-30

9-15

25c

$1%

;

'

Brothers Co

50c

10-15 :
10c
10- 7
'
Richmond Water Works, 6% pfd; (quar.)__
Supply, common.—:
15c ; 10-15
10- 7
60c convertible preferred A (quar;)kk__kk_'
Rich's Inc.. 6ya% preferred (quar.)
i5c ; 10-15
10- 7
60c convertible preferred B (quar.) x^-kkkk'
Rieke Metal Products (quar.)
A_____A-_kk
10- 1 ■/, ■ 9-15
>50c
Peninsular Telephone (quar-.) ——___k:.k.k
Ritter 8£ Company, common;_____k-'________ :
k 50C 12-43
12-15
Common- (quarterly)
—_—% ■
5A convertible preferred (quar.);________
35c>- ? 11-1511-5 '
$1.40 class A (quar.)
Riverside Silk Mills, $2 partic. A pfd. (quar.)
-iki35c- 2-15-43
2-5-43
y
$1.40 class A (quar.)
Rochester Telephone, common (quar.).:_k_kkk
s
75c
9-14
9-30
.'Penney. (J. C.) Co._-k_k—
/' 4 y2 A 1st preferred series "A (quar,)lA-^A
Roeser & Pendleton, Inc. (quar.)__
Pennsylvania Co. for Insurance on Lives and
10-1/ '9-12
Granting Annuities (Phila.) (quar.)—,—_k ■"*'i"40c
Rolls-Royce, Ltd., ord. regis. (final)_™AA
10- 1
$1 'A •
9-10
.-•■Rome Cable' Corp
Pennsylvania Edison Co., $5 pfdv (quar.)a—
'•
10-1
70c
-9-10 i
Russell Industries, Ltd;, common (quar.)™
j. $2.80 preferred (<uar.)
;

Payne Furnace.

.

.

10-1

9-22

sryt

10-

1

9-22

50c

10-

1

9-15.

—

.

10-17

.

7A
-;20c

.

-

10-

9-15

10-

.9-15

9-30

9-21

10- 1

'9-24

3,0-15

9-30

Pennsylvania Sugar Co., 5y4

10- 1
9-30
11-2

10-16

9-30

9-21

9-8
9-24

10-20

9-15.
9-11

5%

k

pfd. k(quar.)k_-

10-

9-30
9-30

9-17
9-17<

Peoples Telephone Cbrp.

10- 1

9-15

Perfect Circle

25c

10- 1

9:11

10-1

9-21

__

Co, .(irregular)

Perfection Stove Co,
Milk

4lA%

Co.,

(quar.)—

common

prefei'red

9-15

9-15
9-15

10-1

10-15

10-

•37,y2C
25c

$1.06^4

1.

.

„

8

9-22
.

•

'

■

.

IO-,. 1

10-1

9-19

10- 1

9-19

10-

Quarterly
Sangamo Co., Ltd.' (quar.)_i
Sangamo-Electric Co._^.—

.

9-2!*"*'"
9-30

9-10

6A

9-11

1.

9-10

7A

10-

8-3

1

9-10

120c

9-30

9-16

l$l3/4

9-30

9-15-

$l3/4

10- 1

$5.46

9-28

9-18

"

9-21

$1

...

10-

1

9-18

75c

10-

1

9-19

$l'/4

10-, 1

9-19'

125c

175c
$1

t$l3/4

.

k

62 Ac
25c
—

25c

;

8%

.

$3

"D"

(quar.)^.;

"C"

(quar,)_
debenture' "3" (quar.)___

debenture

Savannah Sugar

10- 1

9-10

$ls/s

10-1

9-10

$1%

10-

1

9-10

$1A:

10-1

9-10

10- 1

9.-10

10-

9-12

(s-a)

debenture

debenture

7y2A

9-10

10-

preferred

6.y2A

9-20

1

10-14:

Savann'kh Electric & Power Co.—

9-18

9-30

15 c

1

Sari Francisco. Remedial Loan Association—

8-25

10-

"20%

A__

Sablit.Robbins Paper 7 A preferred^ (quar.) __;
Sachigo River Exploration (liquidating)__k__
Safety Car Heating & Lighting Co.__™_A._
Safeway Stores, Inc., common (quart)
5A ,preferred (qyar.)_,
.
St. Lawrence Corp.— ■
..AA..-.-.
',4A class A conv. preferred (accum.)_____
St. Lawrence Paper Mills, 6A pfd. (accum.)
St. Louis National Stockyards_______„_—;
St, Regis Paper, 7A preferred____^____yky__;.

.

;..25c),'

.

—,

9-30

.$1%.

_k_

9-

.10-15

$2

.

(auar,)_

(quar.)____

i

io-,. t
10-1

25c

_r_,

(quer.)^__
Peoria Water Works, T/o pfd. (quar.)—,—

Pet

9-15

10-

"

C'tnrterly

i

preferred (quar;)

25C

______

9-15'

10-1

,

9-30.

;

1

io-

1214c-

,

9-19

9-15

.

:

10-

62y2c
Pennsylvania Telephone, $2)4 pfd;-(quart)—
$1(quar.)_
'. $5 preferred (quar.)__
$1'A
;.k 35c
Peoples Drug Stores (irregular)_—.-k-,-,——v
$1
Peoples Gas Light & Coke Co
i-t—A
Peoples National Bank (Bklyn.) (stk. div.)_ 19.047%
Peoples National Bank (Seaotle, Wash.)—

10-15

9-15

1

10- x

Pennsylvania Water & Power, com.

11- 2

11-20

a am
$iy«.

'

Pennsylvania Glass Sand Corp,—
Common (reduced quar.)^kw-.___k_^____k_i

Ak'k

9-19

10-

$1A.
kk 15C

9-24

10-

20c

■

9-16

9-30

:

10-22 k

10-1

37 Ac

(quar.)___
(quar.)___

1

■

9-16

iff.

9-15

10-

-

,

9-10 V

•

10-

Ac

87

______

7A.preferred, (quar.)
Reliable Stores Corp,, common (quar.)
5A conv. preferred (quar,)
Remington Rand, Inc., com, (interim)
$4.50 preferred (quar.)
Republic Investors Fund, Inc..—

.

V: 9-17

1

} k

9-22

83/4C

Corp.

Roller Bit Co.

$160

.

UQr 1

8

V

10-1

5c

.

(quar.)

Reliable Fire Insurance Co.

;

9-15
10- 1

.

10-

50c

(quar

;/

9-30

1

9-19'

.

10-

Regent Knitting Mills, .Ltd.—

9-15
9-18

9-30-

50c

t,,

k'kk/

9-30
9-21

9-30

.

k' $iy4

.

_________________

10-1

k

A

9-30'

10-20

7C

common.

preferred

Reed-Prentice

9-18

$1C. 1-1.4-43

/;

15c

______

A Reed Drug Co., common'■ '■

9-30

10-15

$iy2

;
(interim) k-kk

A 9-10

________

Reece Button Hole Machine..______

.

9-15

9-28

'"i25c

___

1

20c

i

Reading Co., 2nd preferred

9-21

A10-15

$1

•

.

10-

v

50C

'

preferred (quar.) _____

Paymaster Consol.

11-10
10-20

A, $$!%•;.
A''-S«;48c'
;

9-10

10-

(quar.)

Reliance Manufacturing Co.,

10-15

siy2

-

—

1

1

-

..

-

6% preferred (quar.i—
Page-Hershey Tubes, Ltd. (quar.):_'i——
Porcupine Mines (resumed)
Paraffine Cos. • common (quar.)—_—
fi% preferred (quar.)___—
Paramount Pictures, Inc. common (quar.)

10-

10-

$iy2

(quar.)

(Irregular)

5 A. conv-

.

•

9-17'

30c

$l'/4

(quar.)

Rayonier, Inc., $2 preferred (quar.i
Ray-O-Vac Company, common (quar.)
8A preferred (quar.)™.

.

_____

Pamour

;
,

11- .2; "if 10-15
10-15
11- 2
10-15
11- 2
9-30 ;v'
10-15 ;

.

-

9-30

Ralston

9-15

Preferred A (quar.,)-,
—______k—20c
Preferred C (quar.)___.,—_——16'Ac
Pacific Gas As/Electrlc (quar.)____
50c
Pacific Greyhound Lines—
'
»
^
k
9-30
$3.50 convertible preferred (quar.)
87y2c
10- 1;
Pacific Indemnity Co.
(quar.)
:„^
50c
10-15
Pacific Lighting Corp., $5 preferred (quar.)_
$1'A
k 9-28
:10c
Pacific Public Service (quar.)_
Pacific Southern Investors, Inc.—
75c. k)io- 1.
Tk $3 preferred,,; (quar.)__--.k;_k__kik-ks-kkA'
9-30
Pacific Teli &s Tel., common -(reduced quar.).; ;Ak $i»A,

9-17

common

Class B -(irregular)

9-18

9-30
10- 1

:

;

12-17

9-21

$1%

'

.' $1vi

.

9-21

10-1

kA:

9-21

1

.v. ;

;

.

k 80c preferred

.

-

25c
30c

»

1

10-

k'A'k

Railroad Employees Corp.—

.

(quar.)-——

10-

,A., $5 preferred B :(quar;>w_(r™«*A._;___^.™_.,;

Class A
10- 1
''25cv, 10-159-19
:
$l'/2.
9-30.
9-15
•
k$2 -10-1
9-15
•" 1$1 V*.
10-1
$50c » 10- 1 %; 9-10

of America—

$3.50 convertible 1st. preferred

Old Colony Trust Associates—

(quar.)
Omar, Inc., 6% preferred (quar.)
;___
Omnibus Corp.,- 8% preferred (quar.)———

$1%
$134

pfd. (quar.)
original pfd. iquar.)
Original preferred (quar.)__
Puget Sound Pulp & Timber; 6A pfd. (quart).
Pure Oil Co. 5A pfd; (quar.)
—1
6A;preferred (quar.)
Putnam (George) Fund of Boston__________
Pyle-National Co., common;
preferred (quar.)
Quaker Oats Co., 6A preferred

class A_-i_____k---

1st series trust shares

.

(Oklahoma), 5%.

8A

>J

t

"

12-11 -%■

9-16

kAAA

9-15

50c

_______

(monthly)_________________
(monthly)

Publication Corp.,

10-

.

(quar.)

.

-10-

$1(4''" 10- 1- ^ 9-15
9-15
kk $1 >/ • 9-30
9-15
Oklahoma Natural Gas Co., common.—— kkk 35c - -9-30
$3 preferred- (quar.)
/:;;.75c,k 9-30 k; 9-15
9-15
$5.50 convertible prior preferred (quar.)—
' $1%
• 9-30
9-21
Old Colony Insurance Co. (quar.)A^-$5 k 10-1
s

Ohio Water Service Co.,

9-11

9-10

k-h'k

9-15

10-

3c

kk/k'/:';

9-9

10- 2

25c

Public Service Elec. & Gas, $5 pfd. (quar.) A
:
7% px-eferred (quaT.)___________________

9-15

$iy2 ■

41%c f
\; 50c
58Msc

*

T"» preferred (monthly)______
Ohio Service Holding Corp.—

6A

40c
$1V4

•

(monthly»

9-17
9-15

10-

;
$i'A;
preferred (quar.)__w_j__-_^,____—
Pennsylvania? Power &'Light Co.—
h -iyf
'$6 preferred
(quar.)___— ./• $iy2
$7 preferred (quar.)_——
i.: ,k-.$l34
$1)4
$5 preferred (quar.)—k^
—kkuA->

12- 1

'

37yaC

(monthly)

preferred

10-1

,$1%
$1.80

*

,

10- 1

$1(4

1

A 9-15

1

10-

:

,

Public Service Corp. of New Jersey—
Common. -A-__—

k

10-,1,
10-1
10-1

$1 (4
$iy2
$1.65

(quar.)

iquar.)_:

10-15

25c

10-

t$i%

(quar.)__

(mom hly) _J™

6 A, pref erred

'

9-15

12-30

|25c,(

Ogilvie Flour Mills (quar,)__u_s_w_________

9-21
9-19
9-19
9-19

9-30

15c

9-24*

12-

.

9-15
9-15
9-15
9-11
9-11

9-10

12-15

,10- 3 AAAk.

Public Service of Colorado—

:'Vkv;'k

;'-'

;

(N.

9-19

10-15

,

1

& Trust

9-24

$2 y2

(irregular)

10-

Bank

9-30

i

1

$iy4

10-

9-21

10-

10-15

(quar.)

10-

,y- 7% ' preferred;

(quar.)

10-15

9-30

A 9-30- J ■'.,.k'kk

•kk $2

40c

RR.-

Light & Power Co., Ltd.
Corporation, common

15c

1$1%

(quar.)

t$1.31(4
$2

(quar.)_

preferred

10-21

Providence & Worcester RR.

$1(4

pfd.

10-21

,

(irregular)
Provincial Paper, 7% preferred (quar)
Prudential Investing Corp.-____
Prudential Personal Finance, class A (quar.)

—

10-21

;

'

■

$l'/4

pfd.

Co., 8%

::

,

9-15

6V4c

10-26

'

9-19

9-17

62',4c

5S»

9-24

10-

:

1

10-15

common

10-1

;

Rubber,

40c

tu/jc

(quar.)_

Tl2c

subject to receipt of funds from')

Nu-Enamel

1st preferred

i'3%c

Worcester RR., 3%

Novadel-Agene Corp.

5%

(accum.)_____

(Chicago.)

N, H. & H.

Ik

—

common———

pfd.

(quar;).
Electric, T/o preferred (quar.)

&

;

2nd preferred (quart)™—A,—
Preston East Dome Mines, Ltd. (quar.)
Price Bros. & Co., Ltd., 5)4% pfd. (quar.u

.

preferred (quar.)_

Payment

.

•

11-10
11-10
11-10

.

—

1

10-

50c

J $1(4

15c

.

—

.Voting trust shares__—
Natomas
Company (quar.)..—.

1

10-

30c

(irregular)
Pitts. Bessemer & Lake Erie RR., com. (s-a)
Pittsburgh Ft. Wayne & Chicago Ry. Co.—
Tr>; Common- (quar.)—,
:
T/o
preferred (quar.)
Pittsburgh Plate Glass co.j.1—i__yik_k_kki

9-19

:

Package

Paper

Pilot Full Fashion Mills, 6V5i%

'

(quar.i

l(4c

(Boston)

Corp.,

9-21

10-

$2*4

Pioneer Gold Mines

9-25

2

9-30

10-

75c

1

50c

Quarterly;

—

(quar.)

150c
t$l3/«:
t$l(4

(quar.)
(quar.)—,.
Ltd. (auar.)—
National Supply Co. (Pa.), 5(4% prior pfd._w
6%>
prior preferred
Nation-Wide Securities, Co. (Md.)—
National Shawmut Bank

National Steel

1

$iya

•

■

9-

2*Ac 2

t55c

(quar.)

Greyhound Lines, Inc.—

Norwich &

9-18

25c
$1(4

(quar.)

pfd.

2

11-2

■

1

10- 1

u.

Phoenix State Bank & Trust Co.

■/''':;,k;,:k:k.

Northwestern States Portl'd Cement

11-15

,

30c

-

■

4

for

9-15
* 9-15

9-30

35c.
50c

—;i.

'2nd', preferred (quar.)
National Automotive Fibres, 6%>

9-

50c

prior preference (quar.).:
—•
6%. preferred; (quar.)
;—
Ohio Public Service, 5% pfd. (monthly)--.—

12- 3

.

Nashua

1

11-

87 (4c

Ltd., T/o

preferred

Norwalk

9-24
9-18

Mutual System, Inc., common (quar.)
3c
8% preferred' (quart50c

Nachman-Springfilled

9-19*

10-

$1

10-

(quar.)
k
; y: k
$3 convertible preferred A (quar.)_

9-16

':

$6.50 'preferred

,

of America—

preferred (quar.
preferred (quar.

1

$1(4

5%

10- 1
9-29

30c

_

Chemical Co,

10-

1

.

10-

11- 2

Phoenix Securities Corp.—

10-

.

9-19

10-26

Phoenix Insurance Co.

9-25

71%-c

Corp.—

Ontario Power,

Northwestern

9-25

$1(4 ,10- 2
$1,18%
10- 2
20c
10- 1
$1%
10-1

k.

Murphy Paint Co.. common (quar.)
5V2')
preferred (quar.)
Murray Ohio Manufacturing Co
Muskegon Piston Ring Co. (irregular)
Mutual Bank & Trust Co.

9-17

$iy2

Ohio Finance,

10- 1

25c

(G. C.), 5 A preferred
43f%. preferred (initial)

Class A

9-17

$1(

9-30 4

10- 1
9-10
10- 1 'V 9-10
10- 1
9-10
10- 1
10- 1
/1-2-43
12-31
10-1
9-30
10-15 k9-28
11- 1
10-15
11- 1
10-15
'9-30
9-21

lc

>

,

Murphy

Mutual

div.)

4

1

(25c k

com.

:

1

.

Quarterly
Co.

(stock

Edison

9-

$1%

(quar.)——

Investment, 6%

prior preferred

,

-

$1%/'
$1(4

*

-

6%>

■

1
10- 1
10- 1
12- 1
12- 1
12- 1
10- 1
10- 1
10,-1
10-15
10- 1

preferred

North Star Oil,

1

Brass

10-15

60c

(quar.i

American

Northern

Mount Diablo Oil Mng. & Development—
Mueller

2

9-30

•

Finance

preferred

Northland

9-15

30c

(N. Y.)

$5 preferred

9-25

10-10

;

common

1

10c

$iy2
$iy3

________

shares of North American com.

Northern Trust Co.

9-17

55(4c
$1%
$1%
$1A

(quar.)

(quar.).

Motor Finance Corp.,

1

30c

Detroit

9-19

10-

*

9-14

1

,

;

9-25

10-

V" $1(4

(quar..rt_—__

■

9-15
9-15

10-31

$1(4
$1V4
50c
$134

—

preferred

Co.
of

1

10-

$i

10-

$1 (4

—

(quar.

.preferred
North American Rayon, class
'/k Class B 'k—

9-16

Morrison Cafeterias Consolidated, Inc.—
7%

(N. Y.)

10-

—

I0rl5

87V2C

(quar.)____^_^—•
(s-a)—

9-25

$2c
50c

,

9-15

10-1

:

30c

5(4(4

10- 1
10-15

preferred B (quar.)
;
Moore (W. R.) Dry Goods Co. (quar.)
•
,/'/- 'Quarterly—-k;.—™_A—A-—k__A—A k
$1(4
Moran Towing Corp., 7 A partic. pfd. (final)
12c
Morris (Phi)ip) & Co., Ltd., common (quar.)
75c
4(4% preferred (quar.)
$1.06(4
.4(4% preferred (quar.)_k__4----%k-i-kk—$1(4
Morris Plan Bank (New Haven)
(quar.)
$1(4

■

share

American

North

9-16 :

11-15

43%c

(quar.)

Morris Plan Industrial Bank

1

11-

:

$1(4

—

preferred (quar.)

Prior

9-16 !;
10- 8
9-25
9-19
9-25
9-19

10c

Tic

(quar.)

5% % preferred (quar.) —__'k—
-6%

: 10- 1
10-15
9-30
9-30
9-30
10- 1
10- 1
10-1

87(4c
$2.25
$2.25
$2

-

i

Moore Corp., Ltd., common

Extra

3

10-

/

50c

held. (Payment is subject to approval of
SEC) _______—^—__—

North

12 (4c
•
$2c

_

(quar.)

9-

10-1

$1%

,

.

5A

$7

pfd.

1

(quar.)

common

Philadelphia Co., common (quar.)__
6'io
preferred (s-a)___—
A_;
:__yj
$6 preference (quar.)____—
Philadelphia Dairy Products Co.—
;y k;
$4 non-cum. 2nd preferred (irregular)™$6 prior preferred (quar.)k™
Philadelphia Electric Pwr. 8% pfd. (quar.)_
Philadelphia National Insurance Co. (s-a)
Philadelphia & Trenton RR. (quar.)
Phillips Packing Co., 5 JA % pfd. (quar.)
Phillips Pump & Tank, class A_k___k_r.^__k_

'4-;'

Noblitt-Sparks Industries

$1(4
$1%
t$l(4
$1(4
$1
$1(4
37(4c

common

preferred (quar.)
Montgomery Ward & Co.,

9-11

$134

Nineteen Hundred Corp., class A

9c

(quar.).

1

10-

Niagara Wire Weaving; (reduced quar.)

$1(4

1

(initial).

preferred

10-

35C

""

Nicholson File Co.

$1%
$1(4

,

6%

$1%

$1%

(quar.')

.

Niagara Fire Ins. Co.

8-31
8-31
8-31
8-31
8-31
9-24

10- 1
9-21
10-1
9-21
•
11- 2
10-15
10-1
9-15
10-1
9-18
10- 1
9-18
11- 2
10-22
Missouri Edison Co. $7 pfd. (quar.)
$1%
10- 1
9-19
Missouri Gas & Electric Service Co
/
$1
10-15
9-30
Missouri Power & Light, $6 pfd. (quar.)—
$1(4
10- 1
9-15
Modern Containers, Ltd., common (quar.)__ t20c
10- 1
9-19
V Extra;.
10c i ;10a'la'a 9-19
5A% preferred (quar.)
$$1%
10- 1
9-20
Mohawk Rubber Co., common (initial)-——Ak
50c
10-15
9-15
Mohne Pressed Steel class A part. (quar.).
2(4c
11- 1
10-15

Montana-Dakota

10-1

,

Co., 6% pfd. (quar.)
/
Newberry (J. J.) Co., common (quar.)——_
6Va 'io preferred A (quar.)—_________k_—
6% preferred B (quar.)
Newport Electric Corp., 6% pfd. (quar.)
Newport News Shipbuilding •& Dry Dock— ' !
$5 convertible preferred (quar.)

9-15

30c
5c
BV+c
5c
$1(4

Mississippi Power, $6 preferred (quar.)—.™
$7 preferred
(quar.).—_———J_—k—4''
Mississippi Power & Light, $6 1st preferred—
Mississippi River Power, 6A pfd, (quar.)___
Mississippi Vaney Public Service Co., com—
6(4 preferred B (quar.)——_.w—k
Mississippi Valley Trust (St. Louis) (quar.)

Class B

$lVa

'■

Western Ry.—

&

Newark & Bloomfield RR.

10- 1
10- 1
10- 1

"

50c

_

Molybdenum Corporation of America
Moneta Porcupine Mines (quar-.)..
.
Monongahela West Penn. Public Service—
1
7(4 preferred (quar.)
Monroe Chemical, $3(4 preferred (quar.)
Monsanto Chem'cal Co., $4.50 pfd. A (s-a)—.
$4.50 preferred B (s-a)
$4 pi'eferred C (s-a)

9-15

of Ree,„

10-

'

.

_

9-30

cquar.)

Newark Telephone

Tin

__

preferred (quar:)

15c

$1(4

.preferred

■

.

•$6

9-12

_—

each 50

6%

1

10-

40c

common—

New York Power & Light, 6%

9-19
9-19

10-1
9-30
10- 1

__

9-10

—

New York Transit

9-21

• 9-30
10-1
10- 1 ;
10- 1

Merchan(£^ Miners Transportation——_k__ ;
50c
Merck & Co., Inc., common (quar.)_.—
25c
4A A
preferred (quar.)
$iy8
5V*A preferred (quar.)__;—$1.31 V\
Mesta Machine Co. (reduced)
62 V2C

■'

9-19

9-30

:

York Lackawanna

New

12- I ;
12- I

9-30

$lVa

(quar.)—___

10-1

Co.,

Holders

Payable

87»/2c

'

Co.__Ai——

New York Air Brake

.

10- 1
0-20.
1- 1-4312-20

$lVa
$lVa

(quar.)

$6 pfd.

(quar.)

New York Trust Co.

A

t33(4c

'

(St. Louis)

■

Pfaudler

When

share

k,

$1(4

New Jersey Water,; 7% preferred (quar.)k—
London Northern RR. (quar.i——
$7 preferred

,

9-19

(quar.)————

Public Service,

,,

9-18

New

New Orleans

.■/;'k

1

10-

t$l

;_4 ■

New Jersey Power 8c Light,

9-18

9-30

50c

preferred——

——

New Idea, Inc.

Per

Name of Company

of Rec,

9-30

Peterborough RR. (Nashau, N. H.) (s-a)
Petrol Oil & Gas Co., Ltd. (s-a),

—

preferred

$2

Payable

50c

:—

New England" Tel. & Tel, (reduced)
New Hampshire Fire Insurance Co.

y:.

25c
30c

.
.

10-1

50c

Acceptance Corp.

preferred (quar.)
A preferred (quar.)

5 A-

Extra

(quar.)

Holders

When

share

of Company

Britain Machine

New England Power Assn., 6%

'

-.------A™-*-™-™™'
of California—

—

Mercantile
■'■■■

New

9-17 *
9-15
9- 9 .'
9- 9
11-28
9-30
9-18
9-17
9-18
9-19
9-18 '
9-15
9-15

10-1
10- 1
'-10- 1

_

,

Extra,

.

Name

of Pee.

Payable

thare

Per,

Holders

When

Per

i

Name of Company

Monday, September 28, 1942V

"A" .(quar.)™—

Refining

(quar.)

'

$2,
50c

1

Volume

156

Number 4111

.

THE COMMERCIAL & FINANCIAL CHRONICLE

■

Scott

Brewing

•'. $4

0) Rec.

10<1

9-25

Torrington Company

3c

9-29

9-17

Trade

Co.

$4.50 pfd.

(quar.)

$ 1 VB

—•

Co.

Scranton

Lace

Seaboard

Commercial Corp.—

■

11-

*

1

$1

11-

50c

10-

10-

Trico

-

9-

Products

j

Holders

Payable

of Rec.

"15c

V

10-30

Per
Name
Wabasso

9-22
10-20

40c

preferred A

(quar.)_—

$1%

10-

1

9-15

$3

(quar..)—^—_v—

6'/b

(quar.)— j

62 Vic

10-

1

9-14

7%

SIVa

10-

1

,.9-18

11-14

11-10

Corp.

,

(quar.)__

Trinity Universal Insurance Co.; (Dallas)Tublze Chattillon Corp., 1%. pfd. (q,uar.)___

2

9-1°

1

10-

Y.)

(N.

Tri-Continental Corp., $6 preferred

9-15

v

9-30

,

Trust

Traders Finance,

I

Z<

50c

&

10-20*

1

$iy2

,

^irregular)

Bank

10-20*

1

preferred

(quar.)^_______„__________.
Scovill Manufacturing Co.__——
Scranton Electric Co., $6 pfd. (quar.)

When

share

(reduced)____

Co.______

Co.,

Paper

Per

Name of Company

Payable

$1%

(quar.)

5 y2%<. pfd.

Schenley Distillers Corp.,
Schmidt

share

of Company

Holders

When

Per

Navxe

1115

25c

Cotton

Co.

preferred

preferred

Waldorf

Common

■■.."•■'5'/>>

$7

Brewing

<fe

System

10-

1

9-21

Warren

$i

11-

2

10-20'

Warren

(S.

D.)

Co.

'; 6%" preferred

\

•

$5.50 prior preferred

k:'.

Corp.

(Boston)

1

Quarterly

Underwood

9-10

•

10-1

Elliott

10-

1

,

10-

1

•

10-

9-15

$1)4
•: / •"?

.;

,

$5 preferred.

9-15

:Y»-

5c

10c

I

;/ 9-15 :
8-31

10-

'87'/2c

1
v

11-25

J22c

»

4

"

9-12

(Canada)—,

.

7%

b

t$l%

preferred (quar.)_
Shippers Car Line, 5% preferred
Silverwood

«■'

40c

Dairies,

Simon

4

(H.)

7%

preferred

Ltd.,

Extra

Skenandoa Rayon

Corp.,

(H.)

Smith

(L.

Mills

Paper

& Corona Typewriter,

C.i

10-

$l'/4

:

,

50c

common

10-

;

preferred tquar;)_—_—
Snyder Tool h Engineering (quar.j____

10c

..V
;

9-19

'

$6

prior

preferred

9-30

$iy2

(quar.)-;—

South Carolina Power Co., $6 1st pfd. (quar.)
South Penn Oil (quar.)___—'

10-

50c

Southern

Advance

25c

Southern

&

Southern

Bag & Paper (quar.)_____

Atlantic

Guaranteed

.

California

Edison

Co.,

10-

.

?

1

37»/2c

10-15

34 %c

__

10-15

9-20

preferred

(quar.)

10-15

t$iy2

——_____

Reduced

■

11-

=

25c

(quar.)

(quar.)i.—

.

Phosphate

.

Corp

11

9-18

.

Consolidated
Natural Gas,

$6

$6 preferred
Southwestern

5%

Electric

&

Light & Power, $6 pfd.

35c

y 10-15
10-1

$1.13

10-1

'

pfdb (quar.),;,-

B

(quar.)'—-

Co;—L

preferred

6%

preferred

12-28

9-30
9-10

tlOc

Starrett; 1L; S.J); Co. c^— —
State Bank of Albany (quar.)

10-10

;

tlOc
-

50c

.

,

10-

1

25c

$l'/4
$IVA

9-26-

9-30

preferred

j

■

.

V

Extra.

6%>

preferred

conv.

10-

1

10-

1

V 10-1

9-19

9-19

t

-

•

20c

9-30

9-15

75c

—

9-30
9-30

9-15

■

9-23

-

9-15

-

.

43%C
25c

10-

1

$iy4

10-

1

i2y2c

10-15

9--30

Assurance Co. of Canada

t$3'/4

10-

1
1
1

10-15
9-21

1st pfd.

7%

Fuller,

&

Baer

Stokely Brothers, 5%

Sun

Life

(quar.)

—

5c

Sunray Oil Corp., common—i————__
Stock dividend

preferred

convertible

•

Sunshine

5%

;

—

\i 5V2'/»■

:»

•

68 %c

(quar.)

15c

Mining Co. (reduced)i:i_—

:

82 V2C

Superior Portland Cement, class A

11-

2

12-

1

11-16

1

10-

$5

•

7%

9-21

White

9-15

v-

Inc.

10-15

Whitman

9-30

Villa

9-30

9-18

(quar.)

1

9-19

10-10

9-25

9-30

9-21

j;

50c

9-15

Wilton

Railroad

t$8

10-

1

9-21

Class

7%

B

10-20

10-10

12-19

11-30*

50c

10-

9-11

10-

1

9-12

10-

1

9-25

r

$iy4

10-

1

9-15

$1

10-

1

9-15 **'»

10-

1

9-15

'

Hosiery

—

$iy2

10-

1

9-15

$1%

10-

1

9-12-:

$iy4

10-

1

9-18

75c

10-

1

9-18

$2

10-

1

t25c

10-

1

9-15

1-2-43

12-15

9-30

9-15

(quar.)

(quar.)_

8%

I

$1

9-24

;

$1%

10-

1

50c

10-

1

9-21

25c

10-

1

9-21

$134

10-

1

9-21

$iy2

11-

2

10-15

11-

2

(quar.)——

I
Power

t$l

10-

1

: 9-15

40c

12-10

11-25

6%

preferred
Oil

Wiser

40c

6-10-43

1-15-43

1-2-43

10-

(quar.),

10-15

(quar.)

Woodward &

2

T'/o

Lothrop,

preferred

.

(quar.)_>—

4-2-43

Woodley

7-15-43

7-2-43

Wright-Hargreaves Mines,

$15

10-1

40c

9-30

;

(irregular)

common

4-15-43

$1)4

y___,

—

Light—

Common

10-

1

.9-16

Wurlitzer

1

9-25

Yale.&

9-30

9-23

Yellow

t

,

10-

1

12-29

t$2

10-

1

1

>5

10-

1

10-

1

10-

1

9-20

1-1-43

12^21

t$iy2
t$i%
62y2c
62y2c

$iy2

10-

;

15c

9-30

9-30

$1%

12-

1

1

9-

10-

1

9-

9-30

9-18

1

10-

1

9-19

11-

2

10-20

25c

12-

1

11-20

25c

(monthly)

(Rudolph)

—

Co.,

pfd.

(quar.)

$1%

10-

Co.

7%

(ouar.)

15C

10-

Coach Mfg.

&

25c

10-

8-26

1

common—

1

Manufacturing

Towne

•

Co.,

1 '/•
y:

9-19
9-10
9-16

25c

-

1

9-16

10-

1

9-16

10c

Cement Corp.—
non-cumulative preferred—

10-

$1%

(quar.).

Portland

10-

,

1

9-21

$iy2

10-

1

I/-- 9-18

$1%

(quar.)

10-

1

9-18

$1%

10-1

50c

—

12-15

9- 5

Institution—
12-

i

fOn account of accumulated dividends.

tPayable

in

Canadian

funds,

tax

deductible

15%; resident tax. 2%.

a

at

Less British

the

source.

Non¬

income tax.

11-

9-19

1

9-21

2

10-17

37y2C 2- 1-43

1-16-43

37y2c 5-

________

9-16

10c

tlOc 1 10-

(quar.)

8

9-30
10-

37.y2c

9-25
9-16

9-28

8

25c
-

6

9-28

•Transfer books hot closed for this dividend,

9-19

10-

$2%

10-

50c

25c

(monthly)

resident tax,

1 $1%

t$2

,

9-10

10-1

$2%

11-16

9-10

-

12-10

t$iy4

1

—

Ltd.

Youngstown Sheet & Tube—
5'/a % preferred A (quar.)
Zion's Co-operative Mercantile
Quarterly

9-19

12-

——

4%

1

9-11

t$l%

$1%

(quar.)__

Young IJ. 8J & Co., common
7% preferred (quar.)

1

9-

1

$1%

com—

—

9-

1

(monthly)

Truck

Yosemite

9-15

10-

$1 .:

10-

——

Jr. & Co. common

Class B
7%
preferred

9-28

1-1-43

75c

•_

(quar.)—__j

preferred (quar.)——
preferred.(quar:)

10-14

2

Common

10-

l

u

9-15

1

i.___

:

Wrigley (Wra.)

$2

40c

75c

(quar.)
(quar.)

9-11

Petroleum

-t$2

«

-

11-

$1

(quar.):

17

15c

(quar.)_

common

(quar.)—

10-15
9-11

10-1

25c

—

;

—.—

3

10-31"

$iy2

«

Newspaper Machinery, prior pfd.__
Prior preferred

5-25-43

10-15

$iy4

'

Co.—

Wood

$iy4

L.

Company

/Extra——

3-10-43- 2-25-43

40c

(quar.)

(1897);

'

-

9-17

(quar.)_

Co., class A

——

Co.

Electric

>

(quar.)_______

(quar.)„:—

Extra

>

$1%

(quar.)

(quar.)—

$1

(irregular)

Wisconsin

9-16

1

75c

—

(s-a)

preferred

Winsted

30c

50C

9-15

10-

t20C

(reduced)

preferred

Winn & Lovett Grocery

10-19

9-18

1

$1 Va

Wilson Line, Inc.—

9-15

2

9-21

10-

t25c

1

11-

1

10-15

25c

Quarterly

1

68%c

10-

50c

pfd. (quar.)_
(quar.)—_———_—_.;———

Wilsil, Ltd.

.

!

(quar.)__

Inc., $5 prior pfd.
(quar.)

10-

1

10-

$iy«

preferred

: 10-

^_

.9-20

t$l3/2

preferred-

,.i——

Grocers, 6%

(W.>, 7%

50c

:

9-20

10-15

—

preferred

$1%

;

9-25

t$l%

(quar.)

common

preferred

6%.

9-24

40e

5

9-15

$1

prior

Paper

preferred

9-15

5

9-30

;

6%

Telegraph Co._

convertible

Whitaker

12-15

5

10-

/

1

9*30
10-15

(quar.)—;

Union

Wheeling & Lake Erie Ry.
Wheeling Steel Corp.—

10-15

$iy2

(quar.)__

10r

:

-6%

4-17-43

1-43

Transacted by R. L. Day & Co., Boston, on Wednesday,

Sept. 23:

preferred (quar.)^^._—___I—

7%

'

-

7%

Swift

(quar.)—

Company

&

;;

Sycaffiore-Hammond. Realty—
6preferred (quar.)—
—
preferred (Quar.)
Sylvania Electric Products, Inc., common-—.

:

vV.

4V2"/,)

conv.

9-1 ;

10-

1

10-

3iy4c

(quar.)_—_—_—

shares

(quar.):—

■v

Tacony-Palmyra Bridge Co., common (quar.)
Class A (quar.)j^——_——,—i—

i;1 5(J*

preferred

«.

/•>

8-14

-

5^^'."

participating
&

62-y2c,;<
10c

68% c

preferred 1 quar.)
Mining—,-——

Custer Cons.

.

Corporation;. ___L__—;——
(quar.)_—
Electric Service,.$6 preferred (quar.)_

Tennessee

t62y2C

Shovel

Thompson
$5

Tide
r

.<

$4'/^

/

1

9-15

10-

1

10-

«

:1

1

10-

i

convertible

Mining

Co.

preferred

preferred
5'/v. preferred
general

1%

Co.

TO

v;.

■
'

$iy2

:

10-

l •

.

:

1 /

9-

4*

Sept. 18

4

'vr

■'■■MM

_

t-'Mr
'

■

(irregular).

r

1

9-28

2V2C

1

9-

1

Gffici

..

J

-—t

f •«.*

—--

(quar.)——

(quar.)_

9-30:

India




10-

1

9-19

58y3c

10-

1

9-22

10-

1~

9-22

41%c

10-

1

9-22

:.

>-* 0

1

1

TARIFF

ACT

1930

OF

9-12

9-15

$

'

•

.

Sept. 22

3'.V'3.

■

I"

.237044*

.237044*

.237044*

$

$
I'.."-';'-'//

■

.297733*

;

.237044*

.237044*

,$}

•

3.228000

-

C"

■

3.228000

3.228000

3.215033

3.228000

3.215033

,

;

.

060580*

060580*

:

,vv)uuUu

4

3.228000

3.215033

of South

Controlled-

'

Noncontrolled

-

3.215033 4

.909090

■■■;:}

-..879843
■

.570625*

060580*
vl/vvUv

.

(

.879821
:

.570625*

;

33.

,4

.909090

.

■

.

.051422*

.909090
.

.909090

.884375 " v?:,

.884553

444 .570625*

.570625*

.570625*

4.035000

.301215
.205725

4.035000

4.035000

4.035000

4.035000

.205725
•"

4;

.909090
.882578

4.035000

.301215

rupee-

4

-

..I/ .570625*

4.035000

.051422*

.051422*

.879921

.060580*

.060580*

4060580*

,

4.035000

4.035000

.301215
>

.301215

.301215

.205725

.205725

.205725

■

■3b

1.3

.903090

4--

.909090

.909090

|"

o

'

•

-.909090
.877500

.880000

.881875

.882083

3.227833

Africa, pound

.909090
.87.7083

Uruguay, peso—
•

•

u.051422*

'•

•

Zealand,- pound-

Union
.

»

i#V.vvUUV

4.035000

(British),

144.'

v

4 .297733*

.297733*

.297733*

Sept. 24

Sept. 23

$

v-r'!

/■

.Free

-

New

'

10-

Sept. 21

.

.297733*

;

iii'-.

Official_____„_4_Lt.l_;'_uiy^^7_;I:_/j(:i.L__i___,_Ll

9-19

1

t$l

UNDER

1

" .237044*

K
1__.

Mexico,- peso___Newfoundland, 'dollar—

9-15

10-

t$iy4

TREASURY

Buying Rate for Cable Transfers in New York
Value in United States Money

t; .051422*

}

Official

9-10

t7y2c

—

57%
IV

—

.

England, pound sterling— ":'
_

1

50c

(monthly)

TO

Sept. 19

3.228000

Columbia,

9-19

8

10-

($5 par.)

S.ffi

.297733*

"'t

.|*'Official'_':ci'£ti^j-y±^-^
./I.

9*

10-

Sl'/a 1

(quar.)

common

—— —

INCLUSIVE

$
*v;.' 'My;

i
•

Canada, dollar—

9-19

10-

10-

Equities Corp.,

$ per Share

($25 par)

'

9-15

$1)4

BANK

1942

3.215033
-

9-

9-29

24,

|

;

Brazil, milreis-—'

9-11

1

10-

Eastern

RESERVE

SEPT.

Noon

1

9-10

1

10-

t$l3/4

Trusts

FEDERAL

18

9-15

;

»

STOCKS

Lynn Gas & Electric Co.

the Tariff Act of 1930, the Federal Reserve Bank is now cerr

Free

.)—.

(monthly)
(monthly)

Toronto Mortgage

BY

SEPT.

'•"-".Officiak,/-:—

9-15

50c

(reduced quar.)_—

Pfd.

.

-

Australia," -pftund*^-^ir*

9-15

25c /

——

(quar.)

Toledo Edison Co.,
i. [ 6'i-

v

•

-••GfficiaL-:"—

Oii—

preferred

*

9-15

1 ;j

9-30

CERTIFIED

I

.

'

Argentina, peso—

9-19

V■9-28

10c j-"

Inc.—
preferred

Associated

Tip Top Tailors, common

Toronto

;

10-

1

25c

10c

_/r_

;

'

-

|

Products,

Tintic' Standard

7%

■.

Co.—.——-—y————

convertible
Water

•,

-

100

.

Inc.;, common—

preferred (quar.)_;

4'.»

Thew

10-

50c

Oil & Land Co._i_—

Texon

.Textiles,

c

tlOc
.y

Co.

i-Texas

9-17

{

9-15

11.-2 .<

j: 10-

lc H

t20c

Tamblyn* (G.), Ltd., common <quar.),j__u_
- 5%
preferred (quar.)__— Jz—.w——
Teck-Hughes Gold Mines, Ltd.? (interim)..—

f

Texas

. .

10-10

'Country and Monetary UAiit

9-15

r

,

Ta^art-Corp., $2.50 preferred .(quar.)—l
Talcott .-(James),„ Inc. commoni.—_—___
Tamarack

:

9-30

25c

$1)4 ;

(quar.)_———

14

.

9-30

;

9-23

-10- 3 '

9-30

25c

■

.,

'

bearer

Common

EXCHANGE. RATES

FOREIGN

9-18

9-30

+5c

9-21

"

«•

9-23

9-30.
10-20

the.requireijnents of Section 522 of

12-21

10-15

t5c

;■>.

-

1

45c

(quar.)

preferred

Syivanite Gold Mines, Ltd.

1

1-2-43

$l'/4

.

9-30

$1%
$1%

tifying daily :to the- Secretary of the Treasury) the^ buying rate for cable transfers in the different countries of the:
world.
We give below a record for the week just passed:

9-15

10-

$1 )4

r

preferred (quar.)-!_/_—/
"
.7%;: preferred (quar.)_

Shares

9-23

1

10-1/

3°c

15c

•

Vulcan Detinning Co.,

Pursuant to

II $1%

37»/2C 8- 2-43 7-17-43

L—____

Vlchek Tool Co,common

Superior Water Light. & Power—
'

.

10-

t75c

8-29

Stix

■

$iy2

-

9-30

9-15

•

1

1

10-15

1210-

9-15

10-

(increased.)

preferred

9-15

12-

1

10-

;

Stationery Corp.—

Will & Baumer Candle Co.,

—

(quar.)____

9-18

10-

Westmoreland Water, $6 pfd. (quar.)
Weston (George), Ltd. (quar.)—

12-15

25c

—

6%

prior preferred (quar.)
Strawbridge & Clothier $5 pfd. (quar.)—„
Sun Glow Industries
Inc. (quar.)_.

Common

5%

Wieboldt Stores)

Victor-Monaghan Ccr.v:7% -prefen-ed jtquar.)—
Virginian Railway, 6%" preferred (quar.)
6% preferred (quar.)

9-21

9-15

10-15

$iy2

_

Westmoreland,

1-2-43

62y2c

—

Co.—

Sterchi Brothers Stores, Inc., 6% pfd. (quar.)

9-22

9-30

$l'/«

(quar.)

Western

11-16

10-10

v
5%. preferred,1 (s-ak.^'
—_—i
.Victor Chemical 'Work5r/_i— _L__

9-19

175c

(quar.) i_—

-

12-17

tl5c

t30c

'

—

Products Engineering

Steel

12-31

$iy«

(quar.)_w———
common (quar.)___

Stedman Brothers, Ltd.,

U

9-16

9-15

1

25c

12-15

1-2-43

Vicksburg, Shreveport & Pacific Ry.-f-.
Common, (s-a)
L

>

9-15
10-15

&

$iy4

Viau, Ltd., 5% .-preferred

9-16

.

9-21

25c

Tablet

1

58 V3c

$6.50 preferred^(quar.)r_i.—--____j
Vapor Car Heating Co., .7%; pref, (quar.)_

9-26

9-30

9-30

1

9-30

(quar.)

Western

12-

37J/2c

preferred .(quar.)!
Van de Kamp's Holland Dutch Bakers,

"

9-23
°-15

;

Pipe & Steel Co. of Calif.

10-15

58y3c

Valve Bag .Co., 6%

9rl5

Co._.

Western

2

58V3C

,

9-14

,

9-30

-

12 Vic'

»
15:',f participating preferred (quar.)—__—
Btecher-TraungLithograph—
—
5% preferred
(quar.)————_—
—

>

9-28

15c

Electric

Insurance Securities,

11-

■

53c

Light,- $6 preferred—L_
preferred^_____-__

$.7

9-18

1

1

$1%

(quar.)—__

11-16

;

1-2-43

53c

Utica Knitting Co
5% prior: pfd. (quar.) —
■•y5 % ■,prwr;preferred./(QMar;)^u_i^L^_uai-J-,.:

9-19

'

9-30

r

$3

Stayton: Oil Co.i (quar.)_^_
Stearns) (Frederick) & Co., common—^—,

9-30

9«r30

$6 pfd.

9-15

1

Upressit .Metal Cap; 8% preferred—i—

9-30

10-10

f

30c

Utilities Co.,

9-15

/

2

12-

Utah Power. &

_____

10-

10-

f$l3/4

(quar.)

Grocers, Ltd., common
preferred (quar.)—

.7%

9-11

1

11-

-

53 c

(quar.)

pfd. A

conv.

Co._^_L

.

-Utah Hotel Co

10-

at-.—

_

"6 %

12-24

1

$2%

(quar.)l_

common

Upper Michigaix Power,

9-25

•

10-

10-

(quar:)

9-15

1

9-17

$3%

-

(quar.)

Western

50c

,(quar;)_—L—r.

Products

10-15

75c

Mfg., 6% pfd.> (quar.)i—__
Standard Radio, Ltd.. class A (quar.)—
Class

10-15

Western

8-31

50c

8%? preferred '(quar.) r———__i
;
Pictures Co.," 8% 1st preferred

$1)4

:•

Standard- Paper

,

Universal

si

8-31

1

Universal

1

9-30

9-15
9-26

25c

(quar.)

Virginia Pulp & Paper Co.
West Virginia Water
Service, $6 pfd.

9-19

10-

(monthly)!—___

Universal-Cyclops Steel Corp.

-

2

West Texas

9-30-

50c

common

(Conn.)

Penn Electric Co., class A
Penn Power, 4Va%
pfd.

9-30

53c

preferred:. (quar.)__—

t$i%

—a——

5%

Machinery,

participating

f

10-

9-23

9-16

10- 1

.

58y3c

preferred;; (quar.)—1

9-30

10r 1

•

1

1

719-24

50c

S.

9-16

11-

t$i

t$i%

10-

9-26

1

:

$5

?■

1

10-

10-15

1

Canal Co.. (quart)-

States Gypsum

9-15

1

10-

10-

West

10-

Securities Corp.—I
1st preferred (quar,)_;
i

1

10-

$iy+ 1

—

(Ohio)

/

prior preferred

9-30

50c

$ 114

Corp. 7 %-:pfd.-:-.—,

7% -preferred;
Standard Oil C<L

10-

$1%

(quar.

50c

$l'/4

Co.

Western

(monthly)

Universal Leaf Tobacco,

Standard

Stand a rd Screw

9-15*'

1

Mfg. Co. of Alabama—

non-cum

West

50c

(monthly)—|

U. S. Trust Co.'-(New York)
■

9-26

1

10-

$iy2

10-20

(Delj—

Co.

preferred

$5 preferred
'

•

1

10-

25c

$iy2

10-20

& Foreign

$5

9-19

common—

i

(irregular)_L—

preferred* (quar.)i=—L—

6.4%

10-13

$iy2

(quar.)—_L_^—

Standard National

.

9-15

(quar.)

(E. R.) «fc Sons, $5 preferred (quar.)_
Fuel, 6l/:»% preferred (accum.)

Squibb

1

(quar.)

(Dallas)

Convertible preferred

5-%

9-15

10-

-

$7 preferred A
;

.10-1

Gas &-Electric—

Square D Company,
M

9-21

9-21

$1V4

,

Springfield Fire & Marine Insurance Co,—
Quarterly a
_*
—

(Mo.)

prior

$5 preferred

Southwestern

Springfield

1

10-

$iy2

(quar.)_„

1

10c

Printing & .Lithograph, $3 preferredUnited States Sugar .Corp.—
6.4% participating conv.. pfd. A (quar.)
6.4% participating..conv. pfd. A (quar.)—

Co.—

Southwestern

<<

10-

U.

$1%

.

partic, preferred_

1

$1V4

i

U, S. Plywood Corp.
U. S.. Pipe &, Foundry Co. (quar.)
U- S. Playing Card Co. (quar.)

9-15

$iy2

(quar.)___^^-:_^^—i.—__.
Gas

preferred

(quar.)___
Life Ins. Co.

;

1

10-1

t$iy2

.

9-16

10-

15c

____

preferred A___—
Southwestern Associated Telephone—

9-30

9-30

$2

(s-a)___

Corp

Southwest

10-15
:

10 c

11-14

11-14

Trust

11;

t75c

common—

7 % preferred (quar. )•
U. S. Hoffmann Machinery—
:\ - •
''
■5 Vz% : convertible -/preferred:-., (quar.)
United States Leather Co., 7% prior pref.—

10-15

9-30

$iy2

—

—

Southwest

Co.,

prior

$6

1

West

(quar,)—i

(quar.)—,.—

preferred

9-22

9-25

Sugar, 5% preferred (s-a)_—_
West Kootenay Power &
Light Co., Ltd.—
7% preferred (quar.)_c____.__„____„___—_

)

.

$1.20

:

Southern New England Telephone Co.—
Southern

Ltd,-^

(monthly)—I
(monthly)

S.

Boylston

K'w

v 11-

75c

—

(monthly)

United

9-19

.

Southern Ry. Co.—
i
M. & O. stock trust certificates

i

United States Guarantee Co.

(quar.)

Natural Gas Co.

(reduced)

Fidelity & Guaranty Co, of Bait.—
Quarterly

-

9-20

S.

U.

9-20

•

9-30

15c

(quar.)L_:

—

Power Co., Ltd.—

partic. preferred

Tool, class A

prior, preferred

6%

U.

9-15

West

r 9-15

prior

United Shoe

9-19

1

10-1

United. N. J. RR.

Ltd:—

Southern Indiana Gas & Elec.—>•
Southern

'

9-15*

9-30

62 >/2c

(s-a

(quar,)—
/ibg% preferred i'C" (quar.)—____
6%

1

9-

■

(monthly )-!
6.36% prior preferred (monthly)
7% prior preferred (monthly)
i—
7% prior; preferred (monthly)
,X___u
.7%. prior preferred -(monthly)L—J

>

5%■ original preferred

4.8%

9-15
9-15

10-

1

75c

prior preferred

6.36'A

.

Telegraph Co.—

common

Southern Canada

1

9-30

$iy2
37»/2C'

South West Pennsylvania Pipe Lines—

'10-

prior preferred (monthly)_i

6.36'i.
■

9.21

$2

9-15

6%

South Carolina Electric & Gas—
;

Wells Fargo Bank & Union Trust Co.
Wesson Oil & Snowdrift

9-30

6%

9- 9

9-30

1

9-15

20c

preferred

•

9-19

18c

9-

i.

(irregular)—

6%:

9-21

,

9-15

:'■>

1
1

87 VstC

1%

9-21

I

1

10-

Hartford

prior preferred

1

9-28

1

Indies

Light_& Railways

6.36 fo

yj

10-

West

Illuminating Co..

6%.

9-30

.

10-1

$iy2.

$0

.

'

10-

10-15

12-

_■

10-

West

Improvement

;

9-19

12-

(quar.)

95c

9-24

preferred

United

'

9-19

1

10-1.

Gas

preferred

$iy2

Omaha—

Fuel. Investments,

United

9-10

,? 10-15

t$l'/2

—

"

9-10

.

9-30

v. 25c

___

(quar.)__^S__«
pfd.«(quar.)

0%

$5

9-16

:•/ 10c

;-

10c

United

-

9-16
'

10-31

(quar.)_i___-:i—_
(quar.)_—i__—

class-A,preference

'

6

.10-

V 9-30

:

-6%

-

9 .-19

'

1

$2 y2

(quar.)__i_____..__:__

Pump Company..:—
Weinberger Drug Stores (quRr.
Wellington Fund, Inc.___„—

Co.;,(quar.;— ____—y

Drill &

United

9-19

.

.

9-30

$iJ/2

—

(irregular)

com.

5'M clas§ A prior preferred
Smith

1

$iy2

—

______

1

9-30

?$l3/4

(quar.)-

1

11-16

Co.

Wayne

9-15

United Fruit Co.
•

10-31

Class

y

9-22'1

;

10-16

tl5c

(quar.)__-—i_

Singer Manufacturing Co.
■

-

35c

(quar.)__

common

9-15

10-

120c

(irregular)_^____:.__^.____

& Sons,

-

10•

•

10-15

9-30

t20c

.

(accum)

1

10-1

:

$1%

(quar.)

(accum.)__

common

participating preference

Simmons Company

11-

il5c

.

11-16

Motor

9-29

.9-30

United
-

$1 Ye '

$iy4

."'

Rope Corp.

Carbon

A

10-

9-21

$l'/4

_________

class

9-21

12'/2c

(quar.)

non-cum.

;:V 9-30

United Bond 'Fund

.

_lb_—

(interim)

6%

$1

9-30

United

Common

Waukesha

4

9-

25c

Union

10-15

,/v,.*t4e;;

(quar.)______

5%
preferred (s-a)
Washington Title Insurance Co.—

9-23

.

10* 1
■

1—

i'__.

bbmmon- (quar.)

Yards :Co;-j of

9-24

Wire

Washington Railway & Electric—
5%
preferred (quar.)
L___

9-21*

1

1

'

Co.,

Union Twist JDrill .Co.:

'

10-

75c

Co.,. common^—i

RR.

9-30

/I $L,

%-'preferred • "(«-a) ——i.

Union- Stock

*;

10-26

Pacific

1

10-

tic

Common

50c

i—

Y.)__

t-prefmrred-,,(quah)

10-15

15c

Extra

Sherwin-Williams Co.

Co. .:.(N.

(quar.)-—.——i———

Investment

Union

9-19

•y 10-1

$l'/4

Union

?: 9-30 $

9-30
9-10

;

.

?

,

Fisher-Co.__x

1

10-

9-19

9-21

•

50c

_______________

10-

1

$1%

;

(s-a)—

9-18

.

10-

t62y2c

(irregular)

Co.

9-15

9-30

50c

Corp,_i.—1——
Union.Electric of:Missouri, $4.50 pfd] (quar.)

'

—

Sheep Creek Gold Mines, Ltd.

37 y2 c

(Chicago)—
1

i_—

Underwriters': Trust

9-10 r'

.

.

"

1

•$1%

Sharon Steel Corp., $5 conv.' pfd. (quar.)-'—"
Shawinigan Water & Power (quar.)—
Association

208 South La Salle Street Corp.

Union Carbide;& Carbon

Shakespeare Company (quar.)_J_i^_.._i:-_'_^
Sharon Railway!" (irregular)4i4'l

Shawmut

10*

;

...

>4

■

__—-ii-

(quar.)

15c

37 V2 c

_J.

I'.1 Allotment certificates. (quar.)__i__r____—
Shaffer Stores, j5%? preferred ;(duar.

fehareholders

Twentieth Century-Fox Film Corp.—1
$1.50 convertible preferred (quar.)

'

;;

.

(quar.)

;Mr' MMM^
(quar.)_;__—

9-19

9-21

'i

,

Industries,'Incb-

9*19

•:>

9-30

Railroad

1

25c

(quar.)

10-

$1%

(quar.)_.

1

75c

^

10-

10c

common

Walker & Co., $2.50 class A

$1%

i_—

A—

/

9-30
9-30

2c

Co

Acceptance Corp.—
..Common
(reduced quar.

Selected

I''

i5c

62'/2c

Malting

Securities

,

r'"-'

quar.)_„.___'_-_l______i_

(reduced

preferred A (quar.

Seattle

non-cumulative class

of Rec.

t$l

(quar.)_

•

*\

Holders

Payable

(irregular)

Wagner Baking Corp.,
2nd

When

share

of Company

3.227833

3.227833

3.227833

3.227833

3.980000

3.980000

3.980000

3.980000

3.980000

v

,

L

_________

Mri:

.658300*

.658300*

.658300*

.658300*

.658300*

.527200*

.527200*

.527200*

.527200*

.527200 *

THE COMMERCIAL & FINANCIAL CHRONICLE

1116

Monday, September 28, 1942
Week

CLEARINGS

THE COURSE OF BANK

■1942

compared with a year ago. Prelim¬
telegraphic advices from the chief cities of
the country, indicate that for the week ended Saturday, Sept. 20, clearings from, all
cities of the United States from which it is possible to obtain weekly clearings will
be 15.5% above those for the corresponding week last year.
Our preliminary total
stands at $7,965,042,155 against $6,896,151,170 for the same week in 1941.
At this
center there is an increase for the week ended Friday of 20.8%,
Our comparative

West

Virginia—Huntington—..
Virginia—Norfolk—
*
Richmond
—1
Z.

1942

——...

+

1,950,790

+ 38.2

1,328,283

-125,641,393

+ 39.1

81,757,583

77,331,173

36,480,979

9.2

28,681,905

23,057,901'

+31.6

167,181,123

150,599,588'

110,294,349

+

+
+

8,534,207

81,412,948
$4,466,089,036

1,308,357,670

cities, five days;—2_;~.

130,752,262

1,110,020,975

+

•

'

;

|

2,308,861

1

.

-j_

—

Mississippi—Vicksbufg.—-

+

Total

;

+ 139.2
+ 10.0

1,253,345

+ 53.6

27,883,000

17,167,000

47,026,806

39,853,713

+

18.0

27,041,728

23,029,203

,

4,594,832264,472

218,317

+

81,204,737

66,768,276

+

.

+

$5,576,110,011
1,320,041,159

21.6

$6,896,151,170

+15.5

363,388,338

District—Chicago—

for

150,170
46,572,932

;

;

+

+ 29.9

279,670,626

'

1

'

199,875,747'

Z?

'•

601,124

+

8.1

+

17.5

3,364,253

2,977,137
3,133,879

2,471,693

+ 20.4

1,570,032

*650,000

.1

:

Haute—

Des

going to press.
has to be estimated.

Decatur.;

furnish

OF

499,799

438,350,340

440,095,664

1,525,701

1,177,971

4,951,220

(17 cities)———.

+

r

4.4

+

449,599
309,416,041

1,156,998

4,454,468

1,424,087
1,409,390

.

14.1

3,772,780
*

V ::
,

5.1

+

3,901,326

318,700,582 f

.

942,806

+ 28.5

538,793,096

9,434.491

439,819

7.8

+

1,593,340

.

1.185,025

-

4,132,338
,

+ 29.5

"2,024,861

■

.

566,416,664

—.

0.4

—

1.185,025
21,020,101

'

9,675,927

21.1

+

—0.04

4,592,407

2,114,027

2,047,143

1,256,540

+ 14.5

5,129,398

:

5,878,234

20,305,169

1.1

1,269,077

Z

397,872,999

1,282,603

384,115,775

Louis—.

•

72,459,654

65,596,321

52,835,273

—13.2

650,000

+ 34.2

290,612,676

269,281,594

;v;/.;

...

cities).

Ninth Federal Reserve

4,932,674

119.567,177

—Z

46,102,685

North- Da kola—Fargo_—.

3,159,059

169,891,392

1,216,877

1,334,403

4,690,357

5,123,493

202,876,622

174,745,923

Dakota—Aberdeen

Montana—Billings—
Helena—

39,530,056*

3,415,344

4.334,182

+ 18.2

1,623,945

„

494,000

166,907,885

Z;

86,091.589

82,203,438

+ 16.6

3.355,217

1,486,711

South

40.178,329
30,619,063

■

639,521

+ 17.1

4,211,632

141,288,259

Minneapolis—

Paui.L

22,612,248

.

7.9

+

98.600,000

43,156,116

;+'

District—Minneapolis-

Minnesota—Duluth

St.

100,500.000

+ 10.5

45,881,022
872,000

______

Illinois—Quincy
14

150.200,000

171,400,000

—

Kentucky—Louisville———

31,742,295

27.966,257

5.8

2,917,611

2,712,842

—

8.5

1,095,861

8.8

1,003,953

923,931

8.5

4,456,519

3.472,238

+16.1

130,723,172

—

—

—

956,593

.

Total

(7 cities).

+

122,569,541

,

1941

•1939—

1940

Inc.or

$

1942

Week Ended Sept. 19

•

CLEARINGS

BANK

: ;

37.5

+ 50.6

+

—

6,210,735

—

Tennessee—Memphis——y.

■

by Federal districts:

a summary

SUMMARY

12,796,455
.

—^w—

Missouri—St.

.

In the following we

1,503,436

Eighth Federal Reserve District- -St. Louis—

Total

In San Francisco there was a
30.8% gain in the volume of checks cleared over the same period last year; in
Atlanta the increase was of 29.9% and in Kansas City and Cleveland of 29.5%,
and 18.2%, respectively.
Dallas managed to enlarge its totals by 16.4%, the Min¬
neapolis District by 16.1% and the Boston District by 10%,
In St. Louis the increase
recorded was of 7.9%.
Chicago had the lowest percentage in the country with an
increase of 5.1%.
i.'X]
Z-• :%,

17,728,000

2,228.568

1,611.622
11,172,700

Springfield-—.———^.——
Total

974,976

19,838.000

+ 20.0

7,541,381

—_u——i.

Rockford.

1,932,584

+ 29.5

f499,573

;

Peoria
v

+ 32.7

23,575,459

—

1,874,490

2,805,441

10,365,770

—_l.y——_

City

3.596,105

>

2,360,957

35,496,685

~

436,257

320,202

27,280,000

rj1,594.492

•

;: Chicago—a—

Richmond Federal Reserve District.

■■

Moines—

Sioux

.

3,366,982

;

—

Rapids————

Illinois—Bloomington

below

statement, however, which we present further

;

Wisconsin—Milwaukee:

r

35.330,000 ;+

Bend____„-

Iowa—Cedar

the Saturday figures are not available at time of

181,174,226

-•

.

4,259,279

South

$7,583,130,198 in the same week in 1941.
Outside of this city there was an increase
of 14.4%, the bank clearings at this centre having recorded an increase of 5.3%.-:
We group the cities according to the Federal Reserve Districts in which they are
located, and from this it appears that in the New York District (including this city)
the totals show an increase of 5.9%.
The best gain was had by the Philadelphia
District with a 36.4% gain.
The nearest approach to this level was the 31.6%
increase by the

1,855,850

159,887

5,006,525

Indiana—Fort Wayne

final and complete results for the week previous—the week
For that week there was an increase of 10.1%, the aggregate
the whole country having amounted to $8,349,284,717 against

19.

1,091,385

45,492,293

Lansing

+ 19.9
+ 0.6

able to give the

Sept.

1,554,175
,

3,303,442
'

21.1

;

Michigan—Ann Arbor——.

+ 17.9

$6,637,535,129
1,327,507,026

—.

Accordingly, in the above the last day of the week in all cases

clearings

.

+ 34.6

,3,414,613

;

—

(10 cities)—

Terre

of

1,577,123

965,070

1,727,763

—Z Z

■—

Orleans——

Seventh Federal Reserve

19.3

Complete and exact details for the week covered by the foregoing will appear
in our issue of next week.
We cannot furnish them today, in as much as the week

are

64,800,000

24,472,000

Indianapolis—;—J:.

we

20,704,866

73,600,000

27.1

+ 25.3

$7,965,042,155

days..—r—.
:—

Total all cities for week

ended

4,248,645

21,537,304

37,587,091

Alabama—Birminglnuny
Mobile

5,027,625

7.8

+26.4

V+

99,700,000

Grand Rapids.-^——

2

—_

In the elaborate detailed

1,559,839

°19,000,000

.

Louisiana—New

+ 15.9

7,362,333
34,188,541

; 126,000,000

Macon;—

30.1

$5,329,177,459

Other cities, five days

ends Saturday and

f

- 239,209,679

36,867,332

.

_

Augusta

+ 31.5

104,000,000

166,146,740

day

-

314,741,621.;

..

Florida—Jacksonville-—;

30.0

168,505,000

165,647,679

101,999,186

—

All cities, one

i

Georgia—Atlanta.;..•

39.9

219,210,000

Cleveland'———

Total all cities, five

(6 cities)—.;

Nashville__-_

>

18.1

135,200,000

P ittsburgh—

Baltimore;.;

45,443,264

2,696,624

5.5

+

217,886,764

Louis.,——-;

San Francisco———————.

Ten

435,000,000

247,271,532

154,328,359

Boston...

2,761,000

50,439,548

39,851,156

4.9

+

315,186,664

459,000,000
292,131,656

_

,! 'Kansas
St..

$2,708,018,602;

330,602,905

A2 „ _ - -

Philadelphia

446,411

4,200,000

174,745,244

Total

% t;
+ 20.8

1941

J'

$3,271,881,849

—

Chicago

773,804

•

+ 77.2
+ 26.9

—Z

Carolina—Charleston

Tennessee—Knoxviiie_Z;__
•

:

+ 16.6

4,289,000
70,048,648

.,

Week Ending Sept. 26.
York

848,869

989,553
7,602,000
88,857,044

Sixth Federal Reserve District—Atlanta-

Clearings—Returns by Telegraph
■New

1939

1940

.

Maryland—Baltimore—
.——A
District of Columbia—Washington—

South

for the week follows

V

Dec. 7o

Fifth Federal Reserve District—Richmond-

inary figures compiled by us, based upon

summary,

Inc. or

$

clearings this week show an increase

Bank

Sept.'19
f
'

Ended

1941

Dec. %

Tenth Federal Reserve District—Kansas

•

City
'

Federal Reserve Districts

■•:$

$

Nebraska—Fremont—

197,819

—

+ 86,5

106,073

99,248

90,618

"

1st

Boston

2d

New

3d

_

__

_

12

_

Cleveland

5th

6th

Chicago

—

10th Kansas

421,319,135

368,579,168

316,887,427

31.6

167,181,123

150,599,588

+ 29.9
+.

5.1

529,443.153

7.9

181,174,226

199,875,747

747,489,919

s

+

16.1

130,723,172

278,105,630

156,078,041

214,743,740

112,619,532

,' +

16.4

85,061,409

149,678,944

4,988,186

4.122,901

u

Z "

Springs—

34,957,40")

1.9

2.077,842

+ 23.0

2,858,606

2,748,792

32.3

109,375,972

102,036,791

+ 21.0

3,569,931

3,380,753

+

+

'v

+

828,506

+ 15.0

214,743,740

555,346

.;:+

76.7

670,948

592,000

+ 29.5

1,185,568

402,589,576

+

30.8

298,980,614

•;

953,019

Pueblo__^—

85,237,208

526,554,964

a

198,054,824

2.779,064

33,863,041

+ 24.0
••

147,079

2,970.879

;

2.029.478

:

-

556,242

149,389,533

131,138,813
■

2,077,833

4,474,329

123,603-; o't

+ 14.0

:49.321,055

•V

9.9

+

3,281,236

5.504,033.-

y

Missouri—Kansas City.^——

122,569,541

29.5

:

2,117,327

Wichita

Colorado—Colorado

+

174.745,923

;

61,164,927

:

Kansas—Topeka_.

169.891,392

166,907,885

269,281,594

+

■

:•:•""••

'654,671

282,146,709

G

10

Omaha

.181,916

*

3,739,927 ."

"

St. Joseph.;—

290,612,676

*200,000

Lincoln——_—

488,707,452

,

202,876,622
■

\ u

10

City

Francisco

433,430.606

18.2

+

279,670,626

a

7

11th Dallas
12th San

36.4

+

i .'I 363,388,338

it

4

St.

Minneapolis

+

239,209,679

<i<.

17

Louis

8th

9th

486.806,162
536,998,001

566,416,664

10

.

.

3,250,053,217

314,741,621
•

><

_

...

3,051,683,617

634,618,348

it

6

Atlanta

7th

_

5.9

664,097,775

41

7

Richmond

+

Hastings;——-——..——J;

268,267,374

3,761,511,422

<4

10

Philadelphia

4th

303,350,920

357,464,024

3,983,376,800

12

York

+ 10.0

393.356,466

cities

Total

.278,105.630 :?

(10 cities);;

156,078,041

149,389,533

Eleventh Federal Reserve District—Dallas—

„i——

Total
Outside

C,349,284,717

cities

...

7,583,130,198

4,545,414,454

:111

York City.

New

10.1

5,891,295,455

5,886.242,802

+ 14.4

+

3,972,364,798

2.958,210,259

2,741,142,676

+

Texas—Austin—i—*;

Canada

^

32

—

442,473,145

478,416,719

cities

8.1

+

350,931,335

2.376,160

2,00-2,199

4 18.7

1.954,414

1.637,159

106,159,592

91,193,850

+ 16.4

68,673.533

68.273,725

Fort- Wor_L_.

12,824,181

10,504,888

+

22.1

7,146,436

8.058.448

Galveston_x.^^___—+

3,288.000

2,939,000

r+11.9

2,468,000

1,196,820

1,450,897

—17.5

5,294,060

4,508,698

+ 17.4

—

Dallas_.t_,

'

+• 415,015,934
.

,

y

Falls—

Wichita

—

Louisiana—Shreveport___Z;—--—~-

•

2.862.000
:

975,193

'

3,843,833

914,483

<

3,491,393
————i

We

add

now

detailed statement showing the figures

our

week ended Sept.

Week Ended
1941

1942

Clearings at—

;|4$

$

,r

First Federal Reserve District—Boston—

Maine—Bangor
Portland

5,370.548

.

———

3,090,808

306,823,364

Lowell—
New

■

'x

430,773

New

New

1,095,488

4.332,171
2,342,112

3,605,555

15,066,170
5,943,390
22,719,900

14,447,952

'5,090,803

614,564

'f/b 620,550
357,464,024

+:

—

Haven——

—

——:

Island—Providence-—

f 12

-

—

Hampshire—Manchester—

Total

625,518

.'

1,144,600

;

,

Connecticut—Hartford——
Rhode

979,775

393,356,436

Bedford

Springfield—y
Worcester.

'131,138,813 +

(6 cities).

112,619,532

+16.4

76,871,432

+ 24,4

85,061,409

85i237,208

45,502,957

43,882,775

r.

.Y.'

cities)

Twelfth Federal Reserve District—San Francisco1939

1940

Inc. or

Washington—Seattle—-—

Dec. %

V:4 333,747,641
*905,560

—.

_

River.

Total

Sept. 19

2,634,005

17,729,200

2,379,175

2,294,315

264,290,654

230,561,447

+73.8
8.8 1'

+

—31.1

;+!

•''w

454,902

+

4.5

889,747

+

20.2

2,170,031

.-

4.4

28.1

+

4,369,208

+

12,125,600

io

4,190,156

689,402

308,350,920

+ 17.6

19,562,622

18,397.970

5,364,616

+ 19.3

2,736,716

3,503,564

—21.9

2,874,582

3,372,068

289.011,000

222,288,000

+ 30.0

170,42B,000

163,855,000

4,809,352

4,572,309

5.2

3,760,735

3,433.133

6,401,678

San Jose__—t

v

+

1,290,942

Santa Barbara--_+_;_——.

Stockton«.w—'

Z:

1,472.216

—12.3

5,184,716

4,138,604

3,799,447

v

+ 25.3

+30.8

4,561,327

1,377,056

1,273,932

2,796,774

•

2,548.576

Total

526,554,964

.

402,589,576

298,980,614

282,146,709

8,349,284,717

7,374,433,375

+

10.1

5.759,725.301

5,781,651,125

4,545,414.454

(10 cities)

3,763,667,975

+

14.4

2,826,640,105

2,636,550,993

11,546,800
-

+ 10.0

39.594,153

25,971,520

11,344,387

11,604,302

+

—

1.217,775

47.489,326

30,542,078

San Francisco_;__—

;

4.3

+

2,013,833

1.389,115

55.5

Pasadena—w

3,356,693
'

+.61.0

California—Long Beachy^

411,508

:

1,900,724
56,506,591

3,060,089

City—_,A—

Utah—Salt Lake

778,397

3,110,151

—11.1

i

;

.87,882,877

Oregon—Portland—i_;_.

804,067

724,477

7.6

•—

490,581

543,271

2.5

+

95,635,514

Yakima.—; _.i—; -

.

721,000

739,037

—

Massachusetts—Boston;,—
Fall

for" each city for the

for four years:

475,190

Grand Total

nil

cities)

Outside New York
;

268,267,374

Seeond Federal Reserve District—New York—
New

York—Albany——™

Binghamton

8,759,429
1,291,700

:•.
—.

—

—

■

.

1,679,402

;

54,200.000

10,310,240

4.8

+

1,304,308
36,700,000

35,300,000

—.

+ 65.5

—14.7

831,321

5.3

2,933,085,196

+

7,332,793

7,604,913

7,687,115

5,455,664

5,609,073

6.099,251

564,037
y.—29,755,408
Jersey..——__
45,923,772

520,812

+

8.3

522,308

331,013

26,852,166

+

10.8

21.508,153

16,958,481

35,984.355

+

.

;

Jersey—Montclair.————. "

.

'
;

;

;

Northern New

768,714

3,145,100,132
"

9,755,603

Connecticut—Stamford

Newark.

4.6

'

453,982

10,205,666

—_

Syracuse—
New

V;-

805,437

765,668

1,012,509

3,610,765,400

'•

Rochester———

1942

1,209,092

25.6

+

923,792

1,250,582

;

York

Week

8.254,091

—23.1

3,803,870,263

Klmira—J.
Jamestown

New

8,360,592
I:

68,100,000

Buffalo

+
+

40.9
8.0

—

27.6

4,102,696

4.848,868

4,169,169

4,773,629

26,063,054

29,389,239

Ca ha da—

(12

c|ies)_,

3*,983,376,800

—

3,761,511,422

5.9

+

3,051,683,617

3,250,053,217

___;

:

Chester.-——

—

Lancaster....—

Philadelphia

—:—

y

————_

Reading
:

York

New

Jersey—Trenton

Total

(10

—

cities)...—t—

Fourth Federal Reserve

Ohio—Canton

516,731
335,673

5.1

463,353

+

0.8

1,280,011

+ 37.3

420,000,000

472,000,000

+

1,324,020

409,000.000

—15.5

1,475,920

1,632,677

+

9.0

2,371,636

2,741,509

1,272,078

+

11.9

+

9.1

1,052,713
1,522,496

1,143,959

1,733,784
4,474,700

+

16.1

4,108,000

3,081,300

1,556,439
2,728,638

486,806,162

1,145,657

+36.4

433,430,606

421,319,135

9,5

3,709,738

2.239,752

—

——

—

Cleveland

Columbus..,

———

Mansfield....,

-■

.

3,820,137
1.32,499,808
216.272,431
15,239,500
2,798,057

32.5

73,275,033

65,685.572

+ 13.3

129,491,333

106,347,930

5.7

11,338,000

11,123,600

9.4

2.145,411

1,994,164

3,487,820

+

100,033.413

+

190,924,328
'■*
•

14.417,100
3.088,811
4,394,209

+
—

+

0.01

3,676,477

2,593,832

—4.394,646
Pennsylvania—Pittsburgh———
258,593,769

220,652,320

+ 17.6

145,943,176

634,618,348

+18.2

368,579,168

316,887,427

Total

—

(7 cities);———




—.

100.614,720

130,872,889

9.4

96,571,937

101,475.290

4.8

54,214,239

86,558,083

Vancouver

26,854,319

20,222,702

+ 32.8

42,439,683

35,684,890

+

6,972,899

4,935.039

4,124,008

7,410,000

—

—

—

—

_•——

•

John_.

—;
—

:

^_

Regina

—.

:

—

27,147,685

17,742,915

+ 41.3

5,403,657

5.219.474

3,653,928

+ 12.9

3,237,390

2.815,718

7,228,358

+

2.5

5.617,849

5,376,311

6,364,905

+ 13.0

5,766,868

6,668.410

2.135,813

+ 20.5

1,995,830

2.067,468

5.5

1,809,017

1,885,576

3,098,813

•:+

5.9

2.731,303

2,711.563

6,476,403

2,925.757
6,100,791

+

6.2

9,408,349

———

——

Hamilton———

19,506,407

18.9

2,574,712

_—

16,444,067

1,954,399

Ottawa-————-

Victoria—

—

7,195,505

——;

Calgary—

1939

s

1.2 +

49,203,6)8

Quebec

1940

-J/.-

+

134,673,621

Halifax

17

-

+.

143,030,957

5,645,466

+ 66.7

506,430

+.8.4

.

v

1,927,536

4,857,841

4,380,158

8,431,239

12.068.674

498.390

Brandon

549.048

Lethbridge_^^_.___.--_—r.;_——w

767.683

592,501

+

29.6

592,573

702,023

1,853,771

1,709,845

.4

8.4

1,622,111

1.781,074

915,854

733,179

+ 24.9

862,157

919,632

942,735

1,164.965

938.444

790,660

581,356

Saskatoon.———
Moose

Jaw

—."

——

.

New

Westminster

———.

1,042,818

1,073,746

1,088.983

Brantford
Fort William——

1,033,437

—

+

410,645

•

•

2.9

5.4

-

847,889

+ 18.3

637,791

438,860

+ 13.7

346,274

721,397

1,003,419

+

25.0

604,149

—16.8

854,130

4

Medicine

498,824

Hat—

901,528

Peterborough^—,—:
Sherbrooke.t——
Kitchener

1,5)2,729

4

'

1.217,609

1,012,964

—;—

-+ 10.3

584.837

710,627

4,883,961

3,798,968

+ 28.6

3,187,491

546,257

444.678

+ 22.8

418,584

1,130,534

6.1

859,946

823,016

745,145

+ 10.5

1,230,484

1,219,136

693,441

,

'

—

,

Moncton

+

2,557,102
400,205
841,145
'

Kingston.^

+——;—

Chatham

——..

Sarnia___——

Sudbury..
Total

1,371,659

1,199,340

'

391,132

'

Prince Albert——

126,900,577

533,998,001

Youngstown

Sept.

Inc. or

Dcc.+e

46,831,967

Windsor

District—Cleveland—

——

Cincinnati

397,609

685,514

+

2,973,314
1.423,622
1,891,779

664,097,775

—.'

470,963

58.1

+

473,292

5,193,900

,

—10.7

1,645,828

1,315,594

—.

Wilkes-Bnrre

455,240
466,163

497,579
'
1,658,528
-648,000,000

—

Scranton...

406,549
736,910

.;

——

Bethlehem—__

$

144.802,109

—

Edmonton.—

Pennsylvania—Altoona

Ended

1941

147,336,102

Montreal.:

London

Third Federal Reserve District—Philadelphia—

+1

'/•

$

Winnipeg.^——-

Toronto.-—

St.

Total

';

p

(32 cities).—.

■"Estimated. <"

——+—
i—+
'

;

601,593

+

4.1

612,733

-

568,820

+

7.7

-1.098,444

•

1,063,537

+

3.3.

442,473,145

+

8.1

626,079

623,997

618,787

604,256
"

478,416,719

:•

'

■'

'

*437,435

"

406,765
"

856,365

1,008,749

350,931,335

415,015,934

Volume

THE COMMERCIAL & FINANCIAL CHRONICLE

Number 4111

156

Stock and Bond Sales
DAILY
NOTICE—Cash and deferred delivery sales are disregarded in the day's range,

Hew York Stock

«»

WEEKLY

-

unless they

are the

furnish

we

Sept. 21

Sept. 15)

(High
—

$1,000 units

Sept. 23

Sept. 24

Sept. 25

Daily

Record of

U. S.

Bond

■

Total Sales in

sales In

$1,000 units——

2'/as, 1956-58

3%s, 1946-56———
,

,

Total

sales

Low

108.30

(Close

108.30

in

$1,000 units
-AVnyA-v-/./'.-

.

33/eS, 1943-47

'/as, 1962-67
:
■/ '/.V

Low

(

■:%/.:

in

' .•
units

$1,00

Low

102.21

Low

sales

in

2'As, 1951-53
Total

—

103.20
103.20

3'/as, 1949-52

units—

j High
Low
\

2s,

in $1,000

1947

...

j High

•{ Low

[Close

Total sales in $1,000

In

$1,000 units

//zy-'y.

\ Low
(close

2s, March

in

''

•

(High •(

•

1948-50

Total

:'■■■'■

Low

(Close

units

sales

$1,000 units

(High
3s,

1951-55
■

,

sales in

(High

\ Low
[Close

—

•.

Total

Total

(High

109.24
109.24

109.22

109.24

109.22

-

sales in $1,000 units—

;

«■

l :

>

...

I High

2s, June, 1949-51

Low
(Close

(High

—_j

"

{

Total sales in $1,000 units—

1

(High
Low

■

-

2%s, 1945-47
"

•

$1,000 units

109.22

Low

sales in

2s,

1949-1951

Sept.,

-I

-

.

(close

-

Total sales

in

Total sales in $1,000

units

High

(High

Low

2s,

Dec.,

1949-1951_i.

Low

Close

■
■

Total sales

in $1,000

Close

units

sales in $1,000

Total

■;<

(High
j Low

2'As, 1951-54

2s,

1951-55

(Close
Total sales in $1,000

2'As,

(High

109

[Close
in

109

$1,000 units

2s,

Total

:

sales

in

$1,000 units

Farm Mortgage
3'As, 1944-64

(High

J Low
(Close

(Close

Tbtal sales in $1,000 units

—

.

Total sales in

■

$1,000 units

(High

I High

—-j Low
(Close

2'As, 1960-65

-

Total
Home

.

$1,000 units

Loan

(High
( Low

(close

units

sales in $1,000

Total

units

(High

,

2%s,

in

sales

Owners'

-I

3s, series A, 1944-52

—

in $1,000

j Close

'

.

Total sales

1944-49——_—— j Low

3s,

Total sales in $1,000 units.———,1
(High
1945
( Low
(Close

2'A»,

(

1948—

(High

.

Low

l'/aS, 1945-47

(

..

(Close
Total sales In

Low

.

Federal

(High
A Low
\ Lc
/'

j

1953-55

[ Close

1

1958-63

units—:

109

j High
Low

(

—

./.'

—

Low I

■

—

[Close

2'As, 1956-59—

—u

units
High

Total sales in $1,000 units

Total sales

Low

(Close

$1,000 units

2'As, 1948-51

Low

[ Close

1.

A'/ ■■////■■■ :0\A'. (Close
Total

\

2s, Dec. 1948-50—

$1,000 units

27/aS, 1955-60

Low

units—

—

Total sales

—

1946-48

1

[Close
sales

Total

(High
"yy-

101.2

;

JHigh

J

(Close

3s,

101.5

Low

sales in $1,000

2'As, 1954-56

units—

$1,000 units

101.2

(Close

•

-

JHigh

—

Total sales in

101.2

101.5

;

—.

(High

2'As, 1952-55—

\ Low

sales in $1,000

101.5

;

Low

units

[ Close
Total

3

n

1

-

sales in $1,000

Total

—

100.11

—

(High
.( Lc
-j Low

V.':

$1,000 units.

3'As, 1946-49

100.11
,

I Close

26

Close

Total

LOO. 14

:

—

■

$1,000 units

103.20

High
1944-46

sales In

102.21

$1,000 units—

Sept. 25

——

Close
Total

[Close
3'As,

Sept. 24

'

—

—

•

102.23

(High
\ Low

Total sales in

Sept. 23

/

—_

2'/as, 1967-72————

units

3»As, 1943-45

y.

-

—

[close

-

(Close
Total sales in $1,000

Sept. 22

__

—«

(High

High

sales

Total

the New York

\

$1,000 units

,

„—

Sept. 21

■

| High

:

—\

——;

in

.

2

on

—Low

108.30

•
•

sales

bonds

coupon

y

(Close
Total

.:

(High

v.

year.

(High

Close
Total

the

,/

—

$1,000 units—
■

Low

1944-54.

Sept. 19

[Close

—4

—

for

range

Exchange

Low

—•

High
4s,

Prices

(High

2%s, 1952-54

—

the

point. (See note below).

a

Treasury

;
.;:y

—

[Close
in

Sept. 22/

32d of

one or more

■

Low

—

sales

Figures after decimal point represent

current.week.

Dally Record of U. S. Bond Prices

Total

the New York Stock

on

daily record of the transactions in Treasury, Home Owners' Loan and Federal Farm Mortgage Corporation

a

Stock Exchange during the

Treasury
4%s, 1947-52

Exchange

YEARLY

-

only transactions of the day. No account Is taken of such sales in computing

United States Government Securities
Below

1117

LOW

(Close

$1,000 units.

Total

sales in

$1,000 units

„

(High

2'A8,

—J

1949-53—

Low

lot sales.

•Odd

tDeferred delivery sale.

ICash sale.

(Close
Total sales

in

$1,000 units

Note—The above table includes only the sale of
coupon bonds.

(High
——^ Low
,

2Hs. 1950-52

.,

;

.

Total sales

No

sales.

in $1,000 units

NEW YORK STOCK
LOW

Saturday

Monday
Sept. 21

Sept. 1.9

AND

HIGH SALE

Tuesday

;;

J

PRICES

Thursday

Sept. 23

.

?

Sept. 24

Sales

Friday

for

the Week

Sept. 25

j

STOCKS

,

Wednesday

Sept. 22

RECORD
NEW

STOCK"

YORK

Range Since January

/

On

;vEXCHANGE

Basis

Lowest

1

S per share
*46

S

47%

*109 :

ver

share

*46%

47

*109%

S

110

'

per

V

share

*46'A

47

*109%

no

I per share

■■■•■£

46%

1

*109

36%

*30V'a

36%

*30%

36%

40 %

40%

40'A

*40

40 >A

*6%

6%

6%

6%

*22%

23%

:

*23%

13%

13 %

33%

33%

70

v
.

4'A

4'A

4 'A

'•

11%

16'A

16%

60

69

*5

131 %

Shares

46%

200

'

70

2

*30%

36%

40'A

*40

40'A

*40

40%

6%

6%

23'A

300

13%

13%

1.700

35%

2,700

Air

Reduction

70

70

Ala

&

*2

-

*60

•
-

2'/«*-".

*77%

79%

%

%

*77%

•

4%

4%
4%

4% "

11 Va

!:H'A

*--

5

4'A

16%

16%

132
*10

132

132%

10'A

14%

5%.
*10

14%"

16%

•

11%
■

5

11%

-

*

14%

*

65%

5'/«

5 %

132%

132 '/a

132%

132%

10'A

10'A

14%

15

*10

/

'

2'/a

79%

79%

100

J5

2,400

0

'

5

iff

2,600

5

47A

3,000

*4%

4%

-11%

-17

*65
-

5

11%

11%

5,800

17%

17%

2,400

17

16%

65%

-

'

4%

-

11%

*

;16%

14%

2%
"

%
•

4%

5%

10'A

2'A
79 'A

'

•

67%

*65

5%

••

70

*60

Alaska

-

5%

%

69

69

*65

5%

1,300"

10

133.%

1,100

10

10%

400

15%

10'A

700

133

133

5%

15%

5%

Gold

&

Allied Kid Co.—

2,600

5%

5%

5%

5%

6 %

6,800

Allied

*69%

71%

71%

71 'A

*69%

200

23 3 4

73%

23%

23%

23

%

23%

23%

23%

24 %

17 s},

24%

24 >/4

24 VA

17%

5,000

17%

.17%

17%

17%

17%

17%

*17%

17%

17%

17%

700

*%

irt

%

%

'

14

60

60

*59%

60

20'A
*38 %

20%
39

For footnotes

,

59%

-*20%

21%

*20%

38%

39'A

39%

see

page




1127.

HI

*34

*11

Sep

39

Jan

13

43

%

Dec

51%

Jan

Jan

3

5y0

Apr

8%

Dec

Dec

24%

par

—.No

..

Sep ■ 9
5'A Apr 24
18% Jun
8
10
Mar 27

par

■

par

100

497A Jan

; <

14%

*

Hi

14

60

%

*11
60

i:t

tt
14

60%

15

ut

Hi

*11

6

S HI

Hi

14

CO'A

61

Hi

*11

61'A

1

400

14

61%

v

8

Sep

24

9'/a

Dec

15%

6
2

34%

Nov

45

July

Sep

75

Aug

Mar

X

73

13

5

10

l'A
85 •

Dec

.94% Feb

Dec

99%

7

'/a

Dec

%

Jan

26

3%

Dec

10%

Jan

26.

3'A

Dec

9'A

Aug

11%

Dec

21%

Apr
Jan

6

Dye

Stores

.No

par
—5

No par

preferred—*———100
Allis-Chalmers Mfg!
No par
Alpha Portland Cem
—
No par
Amalgam Leather Co Inc.—1
6% conv preferred
..50

1,900

Amerada

21

21

21

21'A

22

22

22%

1,500

Am

39%

38%

39%

38%

39 %

39

39%

4,500

American

Petro

Corp

Agric Chem

No

par

(Deli ———No par

Airlines

Inc

;i—

10

3% Apr.
10

4

64'
22

Apr 28

July

3
Apr 29

14% Apr 17
H Aug 19
12% July 24
43

Mar 27

18% Jun 30
25V* Apr

17

17

*•

Jan 27

,

Jan

17%

Dec

25%

25

_4%

Dec

11%

Jan

6

135%

Dec

12% Jan

26

10'A

Feb

11%

Dec

5'A Sep

-149

Mav 25

11% Apr 24
-•

5% Jan

22% Jan
2
"73% Feb 27

9

118% Apr 28

.

;__No par

Corp

5%

<

May 25
65'A Sep 23
.

Jan

% Jan

16
;

1

Aug

2% Jan
.

9% Jun 23 ;

•

17%

Sep

Sep

68

1% Mar 24

h

13

.

38'A Jan

29% Apr 28
61
Jan
6

y

Min—. 10

Allied Mills Co Inc

5%
69'«

*11

54%

——

5%

m

Dec

Allen Industries Inc__

69%

14

34

No par
Alleg & West Ry 6% gtd_„100

5%

*11

12

Alghny Lud Stl Corp

70'A

*23'A

55%

16

Jan

$2.50 prior conv preferred.No par■

5 %

5'A
71

Feb'

Jun

A 43
48%
7%
23%
13%

•■

*68%

5'A
*68'A

46

109

May 14

Vicksburg Ry Co__—±i.

Chemical

Highest'
' I per sh are

Mar 24

Albany & Susq RR Co—w———100 A". 69% July 15
Allegheny Corp j.
No par
?6 Jan
2
5%% pf A with $30 war
_100A
3% Apr 17
5%% pf A without war
100
A 3'A Apr 18

Allied

;

i.

May 14

.

——10

Inc—

Juneau

I per share

'

%

4%

69

-

-2

-

;

31

No

Adams-Mills Corp
Address-Mutigr Corp

34%

23%

$ per share

;

37

No

13%

'

Range for Previous
.'Ah-A Year 1941
Lowest

104

Co.—

Express

35

4%

*5

Steel

Adams

13%

4'A

16%

Acme

23'A

23%

$ per share

Par

1
Lots

/;///•:/ Highest

No par

^

13%

*60

r

11%

300

2,200

100-Share

of

25

Abraham & Straus.

33%- —•33%

4%

11

7

6%

7

<

23'A

4%
*

110

7 *109

y

%

.

13%

2'/a
Ji

•

36%

■

Abbott Laboratories————No par
4% preferred
__100

33%

V

79%/'

A,

ll'Jt

110

*30'A

*4'A

:

131'2
14%

tl

*109

36%

*23%

13%

*60

2%

,V

110

6%

,

33%

78%-

10'A

14'A

70

*60

5'A

*10

46%

47

share

40%

23'A

13%
33%

.

78'A
*

i\t

4 'A

*10%

*46%

S per

*30%

'

2%

80
'"

Hf
*

*60

2 '/a

..

6%

*23 Va

13%

33 %

*75%

6

6%

23 %

13%

33%
2

I per share

46%

•

110

*3l:*40

*60

Transactions

in registered bonds were:

(Close

•

15% Sep 25
6% Jan 27
Jan 13
30% Jan
3
18% Feb
3
l'A Jan 26
187/8 Jan 27
81

61% Sep 25
23% Feb
6
48'A Jan
3

Aug
Jan

Jan

167% July
13

Aug

14 %

Apr

Dec

9

71% May

87

Oct

24%

37

Jan

21%

Aug

1%

Aug

5

Dec

14% Mar
%

Dec

Sep

10

Apr

20

41%

Feb

63% July

14%

Feb

22%

Dec

40

Feb

58%

Jan

Sep

COMMERCIAL & FINANCIAL CHRONICLE

THE

1118

stocks

■

Sept. 21

Sept. 19

$ per share

# per share

I per share

>•

*7

7%

*7

7%

7%

43 V2

*43

43%

43%

43%

*4 %

4%

4%

*25

4%

4'A

25%

04 %

,

*25%

25%

67

67%

67

"167

160

87%

r?8S%

6

,T,/*5%
,-vl5

Z*98

9.9

10

-

11'A

99%

%

.

29%

*2'/4

2%

*32%

34%

*31% Z 34%

*47%

48 Va

*47%

lTu

ITa

48%

-

*32

20

:

*32 V2

,Z 1% /
13914 V' Z

38%
5

37

*28%

29%

29%

29'A

2%

2Va

2%

2%

32%

32 %

48

48

*32

•

34'4

*47%

48'/a

2

Z

1%

1%

n%

83

56% Apr

29

70'/a Jun

18

23

Jan

2

23

73% Jan

13
3

95

*35

;
Crystal Sugar
10
•'
6%
1st preferred—100
Amer Distilling
;--;»->-20 7
American Encaustic
Tiling.—7u.—1

12

Amer

Colortype, Co—10

-3% May 25

'

5%

18%

18 Mi

•

*81

:

*35

82

v.

82

11%

117

*113

••

*113

-

5%

18%

18%

.%■■■■

•'

5 Vb

%

*113

117

,

Z1 /:

6

1%

3%
5 Vb

*35

.11

,37

7%
80

12

80

*113

18%

4%,

a

11%

18% Jan

6%

e y4

■

18%

19'A

117

-

*115

7'4

117

28

38 '/a

38%

38%

*24

%

•

1

19'A "i 19%
•

18 VB

:

5%

r-

146%

146%

9%

9%
55%

7 yB

9%

7 Va

par

'9%

9%

9%

9%

27%-

*27%

27%

38%

38%

10

11%

Apr

24%

Sep

22

•

32

8

29 V

1,390

55%

*33

142%

144

144

33 %

*33'4

34%

-

-

142'A

American

American Seating

29%

820

Amer

40

3,800

Amer

>V

39%

40

33 'A

33%

142

142

140%

141

*33%

—

34

*33%

34

ls Va

18'%

*10',4

"

10%

17%

*84 y4

"21%

22%

•

41

-

22%

10%

17'A

•17%

I

/•/,••

10%

27%

10%

f

86%

,89%
'22%/

22%

22%

*21%

-

118'A

118%

11.8%

41 '%-

40%

43

42%

119

-

129 V*-

5%-

27%

4i'4

27

27%

129

5%

130

::

/•:

5%

5%

6

27 %

27%

-

.;
'

7

Jan

Jan

6

9

89 '/a Jan

30

116%-

116

*114%

116

,

*i!4%

;

3% Apr

3%-

: -ZZ

3%

56

3%

-

•

45

*39%

25%

25%

25%

28'%

28%.

28 Va

28'%

56

'

3%

-

-•

2%
47%

-3%

.

3%

3%

*56

-

37%

*40

•

25 3 k

47

3%

-

2%

47%

2%

47

56

3%
•

-2%

-

3%

56

-

3%
45

a

2%
47

3%

■

56%

*56

Z*3%.
*39 7

2Va
*44J/2

47

45

25%
28

28

I "14 Va

15

%

I/'

*111

18'.%

-

*l'4v

50 V«

;

.

6'%.

*3%

.

/

;

6 %

62

*25

28 Va

*96

98

33
102

42%

1%'

26%

50 Va

24

43%

6'%

*6%

7

*6%

4

*3%

95,:;:

95

.70

*66%

68

67

70%

70

*70

74

*25

27

*25

26%

98

98

6%

*66%

6%

;

6%

*25

44

ZZ

.

6%

6'A

Sugar Refining——100

68%
29

22%

*22%

23 %

*23

'•

23%

44

*41%

44

*41%

44

44%
ZZ 67'/4

44%

16%

16%

44%

16%

44%

44%

68'4

23%
*42

16%

16%

16%

104'%

*102%

104%

102%

103%

102%

102%

6'/a

614

6%

6'A

6%

6'A

/ 6%

.

17'A''

102%

103'A

*102%

*47%

48

48 V2

*49

50

50

48

*47%

52

48 %
52

*50

*47%
*50

■;'■■•*"

48

48%
-52

6%-:

6%

300

17%

6,300
500

102%

*51

••

48%

-2,600

•

48'A

51%

51%

114%

7%

300

T

114"A

*7%

52

-

6%

200

'

*114%

115

*114%

115

114%

114%

114%

*7'%

'

7Ta

*

lTa

1

'/2

*19

'-/•! *7'a
: Z„ *l° a
*18

20%

•

7%

'

114'4

,Z'ZZ' 7%

7%

2

:/-•

2

-

114%

7%

*7%

114 Va
'

%7%
2

.

20%

:

>

2

*1%
*18 'A

-

,Z

-2

/

20%.

,•

,

*1%

•

T

•:

2

*7%

•

-

'60

i

3'/a

3

3

3

.

3 >.'•

3

3%

3'/a

3 Va

Jar>

14

33%

Dec

45% July

Feb

2

11

3'A

3 Vn

3'A

12%

3%
6'4
5%

Oct

54

Dec

.

134% Jan

0

49% Jan

27

50% Jan

27

Apr

6

143% Jan

14

■3% Apr

27

preferred

•
i——100
Inc..—»10

120

Corp—-j.14

22

—^

Amer Type Foundries
Viscose

preferred.—.^————a-100

5%

Elec

;

1st,

No par

Wks

Si

Woolen...———NO

Sep

-

.I

Jan

150%

Jan

28%

Jan

/

52

Aug

Sep

116%

Aug

3
6

18

par

Dec
Dec

3%

Dec

14

5% Jan

14

2%

7%

13

46 %

28% Jan

1

30
17

-

14
5

Jan

Jan

22%
/

Jan

10

23

111% Mar 12

15
10

Se~

42 7

4'% Jan

79

4

Jan

15

66

2

29

July 9
7% Jan 26

115%

Oct

Deo

12%

Jan

%

Dec

Z- 2'/§

Jan

Feb

33%

108'%

Mar

112%

Sep

2'4

Dec

5%

Jan

47'%

Jan

60

Jan

Jun

20

Z26

J.

82

July

6'%

Sep
Jan

8ep

6%

Jan

Dec

91%

Oct

5%

5

/ ,9%

Deo

Dec

10%

78

Dec

88

17

70

Dec

Jan

83

Sep

34%

77y3 Jan; 8

29

Sep

72

Dec

3

Sep

87%

3

6% Jan

70%

Z

20'%- Dec

-

4'% July 10

28

May 26

-

July

.

35% July

Jun

21

11

Sep

■

17%

14

67% Feb

Sep
Jan

•

■

30

Dec

110%

111% Mar 12

2% Sep

Feb
.

Apr

1% July 28

106% Sep

Sep
Jan

56% July

;,7

16

Mar 11

./

iJ.%
8

/

11'%

112'% Mar 19

May 26

7% May 20

24

3

.

Feb

Jan

8%. Aug

May

V 51

Jan

99%

Deo

Jan

50

23

12% Mar 11

53/

8ep

Z Sep

102%

Aug
Jan

Jan

9

27'% Sep

16

20

Dec

35 Vt

81% Jan

6

98% Aug 20

82

Aug

90'/a Mar

27 Va Jan

2

46% Sep

18

Jan

31% July

60 '/• Jun

25

70

Mar

53 s

Dec

19% Jun

G&-WIS3 Lines

prior. A—~rNo par
-Aviation Corp of Del (The).
3

2%
64%

-

"76% Jan

29

4% Apr 28
61% Mar 24

preferred.—-——.100
—100

$5

112

3

5% Jan

2% Apr

.

-

Jan

29%

3«% Jan

102

Jan

Dec

70»% Feb

1

Jan

23'%

15

107

Jan
H

3

7.-5% Mar 20

2d preferred—
Assoc Investment Co

vAustin; Nichols———.No

74%
153
7

22% May 20

.1

Corp..No par

73%

Dec
Deo

24% Aug

preferr^7.;r7;;ft.7Z->-~*rlOO-: 7

Atlas Tack

Dec

*143

2

Aug 10

■

43

7%

Jan

3%

.

———

'168%

28% Aug

6

3% Apr
38% Jun

—.25

Goods

Aug

Dec

43%

Sep

19%

<

24

Aug 14

21

Dry

•Z- 43%

Sep

98

.

Cable.;.——No par

Cork

-

Jan

22%

Deo

115%

?

116'% Jan

108 Vk May

preferred—100

7%

11% May

■■

<

Sep

6

17

3% Apr

par

Smelt.——=.1

prior conv preferred

Apr

-

39

—7.100 %

Preferred

...

1% Apr

No par

preferred——

Water

S5

1,900

13,800

155

Dec

14

5,500

*

Mar

29%
-139

144 V' Mar 14

2

17% Jan

par

—1
preferred—.——100 %
i Atlantic Refining..—.
25
4% convypref series A———100
-Atlas Corp.-.;..m
: .5
6 % ; preferred.;.^.————50
Atlas Powder.^.—Z—No par ;
;( 5
conv preferred—100 7-

:

220

138

July 13

35

29

Aug

ioo

*

:

40% July

23

Sumatra- Tobacco.j—.No

Atl

400

/

21

21

21

*19'4

20 Va

20'A

•

Dec

Feb

'

?7%

29

Jan

1—_-No par
preferred—.—
—100
-Atch Jopeka & Santa Fe_.__.-^100
■rrS% preferred——
—100
Atlantic Coast Line RR—1—100

'2,400

44»A
:

6Va

48: ^

14

13

15-

*.-100

————

5"e

16,700

-

.

35'/a Jan

81

6%' 1st

22,000
•

24%

*23%
'

17

31

Jan

10%

14

;

210

69

Jan

7

Dec

13

.

i

'V/.V',:

46%

*42

•

,44'A

16%

98

30

24 %

*6%

.

200

73%

Dec

0

21% Jan

Associated

| 400

26%

68%

30%

/.: 4%

8

97'% Jan

Preferred

Co..;
No par
"Arnold Constable ,Corp—5
Artloom Corp
———■— No par

900

i

-

45%
:

68 Ms

30%

*102%

...

4 *25

46'A

68%

*68

29%:

21

165% Aug
15% Jan

lO'/iScp

13

Mar 26

-

98

29'A / 30%

68

28%

74

98

7 % Aug

v

,.

78% Mar 27

7,200

.72.

*70

:

24

11% July

%;

6 Va

Deo

13

Feb

13%

.

*69

68'A

.

97%

44%

*41%

16% .16%

9 8'A

22%

23%

*41%

27

*96

68'4

29 %

*22%

*25

98

;

29

68 %.

29

.

44%

44%

6812

'

27%

98

44'%

>67

j

Deo

Jan

Deo

Armstrong

"•

"
,..

11,700

95

Feb

9

50

Jan

12

Dec

Corp...12.50
:•
$5 dlv preferred—..
—No par
•Andes Copper Mining
—.20 7
A P W Paper Co Inc..
—5
Archer Daniels Midl'd..
No par
Armour Si Co (Del) pf 1% gtd—100
Armour Si Co of Illinois.——^—.5
$6 conv prior preferred
No par /

*3%
*81%

155

3

7%- Jan

Dec

Anchor Hock Glass

13,700

*6% ./:/• 7 'A
4 yy/

4 Vb

95

*81%
/: 4*6/;
./
68%

Jan
Jan

Z

15%

50 Va

28»/a

Dec

%:/ 6%

Anaconda W'

0,900

45

28%

7'A

»334

4%

*81%

28 y4 ■

z "3%

59

Apr

,

24

165

28

May 25

4

29

■

-Anaconda Copper Mining———*.-50

400

2%

Jan

39

Dec

:/> 8'%

Amer Zinc Lead &

600

*40

50'/»

27%

5% Sep

4% Mar 11
6% Feb

17%

8

y

>1,400

2%

44

*35

■27

22

9

-

4

American

'

6%

63

*40 Z

142% Jun

Jan

/

6

$6

2,200

35

Aug

3 '4

46%

July

390

103

102%

26'%
*

Feb

-

2

Dec

11

•Am

l'A

*34

2%

43%

43

*1%

34

23a

9'

Jan

%

Z 20%. Dec

12

/'American

/;

9%

103 y :

102

2%

-2%

26%

*3%

67

62

70

*59

/'

43

*81%

(>

67

*66 %

"9%

.

;*i'4
33/

l'/a

*32 y2

102-

50 'b

-6%

-

4

5Ti,

5%

57i,

rZ

2%

26%

v

95 rr'1

*81 Va

•

*111

5

23%

8ep

20% Feb

f6?»

12,300

16%

v

Apr

3

200

i

121

111

2

•

*3%

4%

33

*40

r

26%

6'%
95

*81«%

*1%

105%

42%

-

;/''

9

15%

15'A

"

Dec

Mar

2

-

6%

3

0.600

27

23

7 Va Jan

j

\

26'A

*26%

*111

"•"•.'/•:

'

26%

26%

'27% '

15'4

45

*40

45

27

/

15%

*8% :'Z

1%

2%

;

50 %

*26»/a
6 Va

26% Z

1 'A

105

43%

*40

44

*40

*26 '4.

2%

••

"

•

*32

••

43

*43:%

*

33

;*2%

*111
9 la

,*8'%,

106'%

*105'/a

2%

21a.

%

1%

Z

..r" *32'/a

106%

15

15

*111

"9

*8%

J.'

33

*32%
•'105 li,

14%

.

*111

":

9'/«

1%

%.*lVa

14%

14%

V:.

~

,

Apr

-

Teleg Co——^->-100 17 101'% Apr 29
33% Apr 24
American -Tobacco.
....——-25
34% Apr 20
Common.class B—»—25 7

Moo

4'A

26
■

b

58%

3%

*40

25%

28 7

57%

3%

Feb

4

9% Jan

6,700

4%

,

"'.57%

3%

45

25%

28'%

-

4

2%
35'%

24

5

22

9 Va May 25

No par

American

6,500
5

48%

Jan

•'

Dec

Jan-

16% Jun

ioo

2%

,

*46

4

Z:f 57
:

2%
-

48 Va "

4

3%

•

-

25%

-•

/-;•■

56%

v.

-3%
*40

-

2%

2 %

*46

13%

3

25

52% Apr

"

2%

214
*44%.

-y/8'%

Jan

15

No par

:

Co.—

Stove

y

6,900

«

Jun

-

SteerFoundries———No par

430

116

95%

26'/«Jan;./ 9

147

American Stores

16,500

27 7

27%

•27%

**114%

Dec

26 % Jan

23

•Amer Telep &

I

77%

Feb

119

Va Mar 14

par

American

-

*114%

20

12% Apr

'

115%

115%

*114%. 115 %

113% Feb

132% May 14

6 700

130

Jan

16

6% Sep

43

<

V 6

17%

23% Mar

24

Jan

50

Dec

Aug 28

12

May 15

13%

v

Dec

.7%

•

preferred.;__—7——100

6,400

5%

Dec

15

10% Jan

Sep
Oct

Jan;

6 %

2,100

130

4%

38

21

40

35 Va May 14

Am

413/g

-

7

Building Co—No par
Smelting & Refg—_No par

; ioo

43 y4 1 43%

"-141%

.43%
130

:

Dec

*

Ship

/

119

118%

;

41'/2

-

43
'

128 y2
t

.

41-

43

:

119

30 y«

136'/a Jun

600

1,100
1 500

17%
88

22%

88

-

2'%

Feb

-

•Amer

1 300

17%

*21%

-5%

.

10 %
11

11

Aug

Dec

20

6

tPreferred:,————--100
•

3,300

10

18%
*10'/a

88

22%-

128%

-

;'rA

17% ■17%

41

•

5'A

27

'J.0%

*85

118%

:•

128%

4%

J. 9'/«

10%

85

■' *21%

43

128

18%

V

Feb

21% May 21

•American Snuff.——.25 '7

200

j

144%

'

17 V*

85

41'A

42%

-

27

10%

43

41

41

/ 128 Va- 128%
••■"/
5
*47a
267«

18%

10'A

*10%

' 17'A

•

■

118%

43

43

18%

IOV4-

•*138%

■*138%- 144%

144'/a

10%-

-

/>.. 118

II8V4

117%

85

*21%

-

17'%

*84%-

--

18%

*138%

10'A

•

10%

*17

87

/ 18%

•

10%

*10%

U7V4

144%-

*10%

18%'- 18'%

z

11

*10
.

/:-

lOTa

*138%

144%

*138%

Mi¬ 144'%

4

'

j 260

7

..

'T 138

No

Co.^

Aug

51 Vs

2'%

10

5

Razor..—___18.50

Safety

1,400

1.000

Sep

16 7 Apr

.100 %

7%

33'/a

De«

May 29

6

15 VB Apr

May

r"(; 6'%

2

34

2

.:

Jan

1

5

9% Apr

par

Jan

4%

42%

2

65 7 Jun

.—100

preferred^..

conv

10 Va

28

-

142 V4

331/2-

143

*33 %

■

*'/a%

Sep

6 % Jun

.4

38%

Dec

27

May 25

50

14

par

Feb

2

10>

6

2% Apr

;

Dec

36

13

Mar

•

Jan

3'/a Jan

24%

1 Va Jan

Rolling Mill.....—...25

American
--

Jan

18

San'y..—.No par

Preferred

-

;

5,500

•

/

*140%- 144

200

Rad <fc Stand

10 Vn

27%

39 Va

'

Am

Sep

3%

17

36% Sep

5
Sep
35'% Mar

preferred.—No par
preferred;——No par

7%

;■>!;

3.0

i

10

55

27%

39

3.100

31,300

28%

5 '/a Sep

,

■7-

No par

Co.7,.7—.No

News

Aug 4

'/Ti% Jan

Dec

14%, Feb Z

17

6%

•

Jan

.

•

Amer,Power & Llghti-^—.No par

^ $6
;...
$5

1%

-

25

6preferred...—ZU.777——^100 7

American

3,600

;

.

148

7%-

73a

•;>".

480

5%

9%

v.-

56

55%
/

27%

38%

10

•

Mach &

Metals Co Ltd—--.

Jan

y«

Sep

/'/ 9% Aug

Dec

r:

Jan

95%

2

32% Sep

—100

Metals—-—.No

Amer

8.100

.

18%

K

•'*141'A

148

*145

.;'/■

:

55%

38 %

:20

18'A

5 'A

li

/■:

19%

18%

7%-

•

•

18%

55%-

-

•

20 'A

I

'.'24%

y

1.1

5 •'//'•- Z-ZZ5%

Z 18%

4% Z

9%-

148

*24

11

f«

19%

P.00

117

*115

:

-

24%-

%

Z'v:/

47%

•

10

27%.

■

•'

55'A

7%

*9%/

27 %

24%
;

%

>•,•■<"

4%

-9%

-

55% -: 56

-

9%.-

9%-

9%

.

18%-

-*141 'A

:148

9%

-

-

7%/

*27 Vt-

-4%

9
171

40% Sep

Feb

'/a

3%

21

July

.

8%

/■'•/

Jan

2.

x36% Apr

1

Cotp__^„No par
Invest Co of 111——1

Amer

6'A

19 y4

Feb/./'/'/ 19% Aug

4%

25

l%Sep

2% May 26

% Preferred .i_——100
Amer Mach & Fdy Co—.7_..No par

T.100

6'4

18%

Dec

9%

2

American -Locomotive—

1,900

614

24%

%:

■

19'%

,17%

4%

*141%
',,,

56

55 V4
,...

17%

4%

9%

9%

•

18%

17'4

>

148

H41V4

18%

25'A

%

v.

u.

22

-

Janl

25'/2 Jun

I 5%- conv preferred—1,—_—--50
No par

•

I 500

11%

-

.

preferred..

' Nov

16% Jan

.7

Intefnat

American

10

3,100

7%

;

Ice___——•„.'—No

6%non-cum

Amer

1 900
t 100

—

Jan

Xl7

71% Jan

-50

Products.

Home

American
•v

500

<k Leather— i—^-l

preferred-.—

conv

American

2,200

•j

:

,

Hide

American

;V6%'

18%

18%

117

24%

.»

-

%

.

17'4 .'4,*■/.:

17 %■

25'%

*25^

18% /

18%
43

--

%:

■

9

ift/Jany'S/

•American Hawaiian SS Co—.=10

,t 600

32'%

-/ 5 Vb

-

$6 preferred

121

78

Jan

6

3% May 27

Jan

115

July 24

1

23%

,

Dec

4%

11
27/

11% Sep

79% July

Apr

90%

Sep " 8

99

27

16 V* Jun

$7 2d

1,100

48%

3%

■

25%

25%

Sep

22% Jan

34% July

9% Mar

:

'

% Jan

•

par

preferred—-,-^.———-No par
preferred
No par 1:
7—-—No par

$7
"

| 700
■

34 Vb

,

1%

82

*11%

v

2%

*31

~,

7%

-

29%

*32

37

7%

4

48%

-

B.100

3,500

No

Power—

For'n

&

Amer

1,200

2%

3%

;•//"*5 '.v •;/

' //

7%

11%

..

i-:.-5%

■v..,
5%y (• .5%
Lfc/: 18%
18%

J,
4

-

May

-

-7% Mar 11. v

'

//', 5%

6

-

92

Jan

'
!?■

•

Dec

107

6

17% Mar 26

5TV

Jan

.

14'A July

,

No par '■■£
——1

European Sees—
Export Lines Inc

American

4,100
"

.

36

y 29

1%

3%

,

5 Va

37

•

7'A

82%

12

J—_;25

15.

16%

2

Jan

Jan

185

■: Feb

20% Jan

Aug

95y«

Apr

56

Oct'

3

Dec

/ Sep

33

Mar 16

900

157 %

170

Jun

130y*

Dec

May 20

69

Coal Co of Allegh Co N

Apr

55'/i

Mar

Jan!

39'

Mar

Mar 12

110

—

Dec'

8'%

Dec

159

May 27

I tic;—7-No

47%

Dec.;

1

i

9% Aug

,

',

Dee

7 20

par

May 26

___

:/■

5%

-

35

32

*31%

3 %

-Z

*5

■

-

7'A

*80

12

-

32%

■3 'A

5'A-

■

37

/,/■■: 11%,

-

3 %.

-7'A

v.

32

32%

*35

.

7%

83

V;;

12

* 11 %-

10

May 21.

900

;

40%
/•

;4%

v.«

4%-

-

35

48%

^'5.

5 %

:

1%

.V"'.; 39%

39%

.'-4%35

-3%

■

37

•

,

*7'/a

82

82
;

■

.

7%

7 Vu

10

2% Sep

American

J

20

1 Va

l'A

l'/a

39%

■

5

-

34%-

*32%

■

3 %

*3'4
*5 '.■'•■■•

•

39

/

■:

-

5 V4

*5

i.*37

; 33

32'%

3%

*3 U

130% Feb

13

'

2%

;

/5V

20

20

'

•

20

16

American

f

*122%

Apr

l'/a Apr

55 '/a

4,300

1

*4%

5

*4%

35%

*1%

17«

.'

5
20

ui
ui

26'/a

105

1,000

ft

11%

11%

1

29%.

H7%

■

13

*34%

*2'A

-

11% :'

11%

•

35%:

*28%
•

!

*

1 'A

A"

5

35

23 Va

*19

:>>■;

1%

-5

-

2%

33

No

preferred

conv

.

I 700

4

15

100

Am

.

Jan

,

par

18

,,,

3%

33

28

120

41%

p

J per share •

5%. Apr

6

14

American ChicleZ—..c—-No par

/';'//: 300

6'A
*5%
-,:-15y4 ■115%
*96
99'A

6%
15%

*96

'11%

-'il

*14

18

"5%

199%

39%/'

*39'A

5

29%

1TB

Apr

8

Feb

Highest

-

share ■

5% Jan

47

'

Year 1941

t per

25

Fdy

Cable

Chain

" 5%

,

88

23

Preferred
Am

1,500

,

108'A

Si

Range for Previous
Lowest

„1

Corp_—

—

Car

"V

1 :

7% Jan

2

14
3% Mar 11

No par

.

Lots

J per share

38% Apr

.

——7—-A,————100

t Preferred
American

,3.800
i-.A 900

>

-

18%

,

88

*15%

■{"■

15

*4Va

20

'1%

-

*34%/. 35

•

*96

5

20

23a

•

•

%

.

14'%

-

29%
>

:

'

A

61%

18 Va

*106

*14

5%

15

•/;

11

" !:l

.

r.

34'%

•

•

18

5%

//

99%-

til

34%

•

5% /
15

.

39%

4%.

-

25%

Fdy

Can

100-Share

Highest

5% Jan

Corp„7»—1

Radio

Si

of

J per share

preferred—-7^*1-100 71

conv

Cable

American

50

170

6i y4

.

108 y8

87%

;

87%

87%

>:

18%

*106 :

.5 'A %

Since January

Batiis
Loweist

Note___^____^___l0

Brake Shoe &

•Amer

2,600

25'A

62

1814

.

-67%

170

25

/■'. 61'/a

i

,

108%

*14%

18

10%

%

-

5

39%

.

%:'•

18

'

"86 Vb

*97

1% Z 1%

V8

5

60%

17%

*14%

19 Tit

19

1

>

5

■.

*4%

•39%

39

60%

172

24%

40

11.800

Range

On

preferredl_1,:7i.1:-%.i._____-50 %

6%

Am

'

OIK,

19

<U8%
ZZ'lVi

*170

24%

*106

87%

5%

r

10%

10%

5

?4%-

'

5%
100 %

%
•

170

American- Bank
.'.

^American' Bosch

900

-.

2%

67

67'A

500

1

127

*2%

'.*■

Par

70

44

*126'A

2>A

67

24%

108'%

*14%

18

*98

10'.'2

?10%

67

170

18

.

*86%

15

*14%

4

2 Va

66%

127

126%

■

■;

STOCK

'

5%

%

15

18

.

26%

2%

•61%

*60

87%

*14%

18

"14 %

...

87%

26%

126%

24%

*106

108%

*106

108'/a

;

18

17%

18 Va

*18.

26'A

2%

24%

61%

X61%

63

,.62%
*10o

25%

126%

169

169

24%

24%

»

4%

67'A

67

168

168

24 3

24%

67%

*4'/a

2%

127

2'A

■

2%

*25

25%

*124%

2 %

2V«

,

127

*124%

127

*124%
2 >/«

0<\

4%

*43

¥ORK

EXCHANGE

,

,

1,600

7%
43%

-

4%

.

7%

7%

7%
*4%

43%

4 Vb

NEW

.

Shams

share

per

43%

7%

;

*43
*

M

share

;25%

7%

7%

"43

$ per

I per share

••

for

the Week

Sept. 25

Sept. 24

Septra

Sept. 22

Sales

Friday

Thursday

Wednesday

Tneadav

Monday

Saturday

v.

HIGH SALE PRICES

LOW AND
i

Monday, September 28, 1942

2

31

Sep

25

13'%

Feb

28% July

16'/a Jun

24

34

Jan

5

13%

Feb

45%

Oct

14% Apr

3

16'%

Jan

56

Nov

28

19'%

Jun

28%

Deo

109 "A Feb
•

6y4 Sep

21

25

20

May

111%

•

Jan

5

50'/4 Feb

•

43

May 23

70

Jan

May 25

116

7

Apr 30

17.

,15'/a. Apr 28
2% Jun
2

107
"*<

5

Jan

17

,9% Jan

111*

9

22

Jan,

4Ya Jan

6

6

13

/

2%

Not

72%

Jan

Apr

'121

Feb

/

Oct

9»4 July
-3%

,

May

Apr

Sep

7 Va July

51%

May

1% May

9

•

Feb

Feb

•61

26

2% Jan

6%
47'%

16

7

111

,:l%Apr

70'4 May

v

23% Jan

30

99% July 20

746% Apr

2

45% Jan

Mar 16

33

25

Oct

25%

Oct

#%

Jan

-

B
'

*11',4

11%

11%
3 la

3

*5%

*3

5%

10%

.%

28%

27

*9%

9

*12%

%

27

9%

*105

29 %.

•82

84 %

%.
•

9'A

10%

12%

20'

*1.9%

24%
110

3%

6%

6%

6 Va

■

5%
5%

5%

5%
31%

10%

30

*4%
9'A

9%

10 V*

Dec

19

4% Jan

28

2'%

Dec

<

100
Aroostook..——„—50

23

7'/a Jan

27

3%

Dec

5% July
8% July

4

Apr

15

6 % Jan

26

3'%

Dec

12%- Sep

Jan

2

31% Sep

23

•-18%

6'/a Mar 25

10% Sep

9

Jan

247b
*105

20

1,600

Barber

Asphalt Corp....-

100

Barker

Brothers.——

*25%

27%

27%

20

■

9%

9%

..

*26

9%

10

Oil

Barnsdall

4,300

13%

preferred..

5'/a ^
Bath

Iron

12%

••/ 12%

13%

13%

19%

19'4

19%

*19 '/a

19%

300

Bayuk

24%

24%

24%

24%

500

Beatrice

110

5,000

85

*26
83

8%

*16%

*7%

*103

110

29%

*25%

29%

83

*82

84

8%

*i4y4

*8

8 Vb

*15

*103
*

25 %

*82

*7%

-$5

110

100

84

13

i3y8

13%

13%

13%

137 k

14%

14

14'4

4,100

Bell

34

343L

34

3 4'A

34%

34%

34%

34%

34%

34%

7.500

Bendix

13%

1,400

Beneficial

13%

13 V4

13'A

13'A

13'A

13%

13%

13%

*52 %

53 %

*52 %

53%

53%

53%

54

54

22%

22 %

22

53 %

54 %

110 la

5414

*109

For footnotes

see

'4

110%
page




1127.

22

%'

*21%

22%

22%

22%

53 V2

5 4'A

53%

54%

54-%

••55%

109%

109 V4

lU»-?4

*109'A. 110'%

54

400

22

22%

1,000

55%

56%

13,300

*109%

110%

1,600

St

preferred

20

27%

Dec

Sep

35

27

7%

Feb

Sep
10% July

6

13%

Dec

24% Mar

17 y4

Dec

20

Dec

-

15'/a Apr

30

21% Jun

6

25

20

15

——No par

103

25% Sep
104Vt Feb

16

102%

Dec

106

Oct

Feb

24

28%

Feb

32

Apr

110% Jan

10

Jun

126

Jan

:

-50
^.20

—__No par
1
—5
-No

par

100

Apr

Mar 20

23% Jun
64

Apr

8

24

6% May 14
13

Pr pfd

7

Jan

July

9% July

18% Jan

—

Loan

Dec

11 Vb Jan

Corp

Indus

30

5%

3

RR_.._

Aviation

24% Aug 20

34

12%

27

2

$2.50 div series '38_No par
Best & Co——
—No par
Bethlehem Steel (Del)—.—No par
•

22'A
*109

13 Va
*53

Aircraft

6

Apr

8% Jan

Belgian Nat Rys part pref

.

25

4% Apr

Dec

7

12 Vb Jun

Beech-Nut Packing Co...

Belding-IIemingway

8 Va

*16%

Creek

v.

1
..No par

Inc..

Creamery

22

Jan

5

—

preferred w w_

Beech

29 %

^...—100
—.10
No par
50

Works Corp—

Cigars

13

%

Co

....

•

110

29%

*7%

preferred

10%

25

12%

.

V 4%

*24

19%

24%-

*82%
.

Si

Conv .5%

*105

12%

*26

8 'ii

preferred—

Bangor

1,360

10%

13%

54 "4

3

3

4'/a Jun

*4%

53 Va

103

14% Jan

2% Jun

4

4%

13 "4

*21 %

30

29

Baltimore Si

Works v t c_.
-13
Ohio.,——100

9% Jun

9,500

10'/a

5

53!

a

30

7,300

4%

26%

9'A

5%

5%
3 l'/a

-

10%

10%

X26'A

29

*16 %

13

3%

6 Va

27

85

*7%

8%
19

12%

3 la

5

*82

,

1214

3'/a

30%

*25%

.

'

11%

Baldwin. Loco

'

13

*19%

.

"26 %

34

27

24%

110

34%

*4

;

5%
30

10%

5

13

13%

19%

"77it

10%

9'4

25

13

5%

5%
29

*26%

*24%

*14%

5%

5%
29 %

"

.

12%

3'A

3%

*4%

.

*19 '/•

105

-J

*10%

5

*26'/a

5%

11%

11%

3

5%

28%

10%.

*4'4

11%

3%

.; *5 %

51 it

*5

28%

11%

May 20

9% May 20
28% May 21

9% May

6

46 % Mar 18

17% Apr

27

49% May 25
105

July

1

30

2

8'/a Aug 24
15

May

8

108

31% Mar

27% July

6'%

Dec

10%

Jan

17

32%

Apr

41%

8% July
Oct

16% Mar 30
39% Jan'

3

14'/8 Sep

12

10%

Dec

20%

54

Sep

24

50

Aug

57

24% Jan

19

66% Jan

2

Jan

7

121

19%
51%
115

Dec

Sep
Jan

May

34% July

Dec

89%

Jan

Dec

131%

Jan

THE COMMERCIAL & FINANCIAL CHRONICLE

Number 4111

Volume 156

LOW AND

Monday

Saturday

Sept; 1!)
S per share
*24

25

17

17

*5%

•

*

*55%
*34%

*

11 %

*7

10%

...t per share

24

■.'v

24%
17

17

5%

*24

NEW

*57

68

16 V4

34%

••>34%

34%

34%

*84%

85%

85%

*85%

34%

34%

>■ 85%
> 34%

21%

21%

25%

5%

5%

*11%

12

12

■

12%

'.Tr

10%

*57

68

"

16%

17%

35

35'A

.35%

*8%

*57

-

16 V2

V

87

*85%

34%

34%

34%

15

15

15

15

12%

800-

12%

*8

•?.>

5%

Blgelow-Sanf Carp Inc—
Black

1%

V

21%"

21

21%

21Va

;

68 •■■'

10 V2

*28

*34%

■

35 Va

87

16%

'

35

•

:

v

17

*

'V

35%

.

10,800

'

2,200

.

87

*85%
•V, 15%

15%'

21%

21%,

,,.

Bon

740-

20

*8

■'■■

25%

25%

25%

26'A

26 v4

1%

2 Va

2 Va

2V4

2%

2%

30

*28

29%

20

20

*20

22%

*8

8%

7%

18%

*18

18%

18%

18%

30

*28%

30

32%

33

28%

33

: /

*28%

33

-*32%

'

18%

>29%

33%

30
33 Va

33

30

ii

>

" ■•

*

1%

•

v;

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JO

1%

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1%

*JJ
; ■<:■

/

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23

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./,>■

1%

•;

n

1

■•?';•;

30
33

*7%

8%

8

8%

*28%

29%

*28%

29%

*28%

29%

*29

29%

*11%

12%

*11%

12%

11%

11%

*11%

12%

*6%

6%

6%

6%

6V4

*104%

106%

106%

106%

V:' 2%

2%

2%

2%

2'A

2%

*50%

52%

51%

51%

*50%

51%

e"

*8

>•'••''

6

*12

13

6

8%

6

■

8
"

8

*106%

:

<

6

11%

25%

#>24%

18%

18'A

18%

54

54%

2

•:„54%

%

:•':

■V 2%

*20%

:

22 VV".

4%

7%

42

*20 %

5

4%

*20 Va

21

*20%

*2%

3

*2%

*6%

7'A

*72

13%

13%

;

Va

6%

'

*2%

\

:

*115%

89

*88%

*6%
*67

6%

'

*66%

*2 "a

3

6%

18
*

18

51 Va

%.i

18

*31%

32%

V 6%

6
*

2'A

14%

2 Vis

35

6%

32%

:

35

83%

23%

6 'a

*67

127

*124

*13%

2%

13%

v#

00%

v

*86%

*2%

.

2

1%

25%

24%

.

97

3%

"•'2%?

33%

2

2

24%

24

6%

•

2
•

*16

*15

16

*94

96 :

95

95

*95%

*s%

: 6%

32%

32%

95

1%

2%

2%

13

7%

13

6

14%

*34%

35%

*49

50

•

6%

35%

*34 %

35%

*49

50

*%

%

*%

*11

11%

*13%

13%

1%

1 Va

*%

.

*94%
*32 Vi

10%?:

2%

.

.

*26%

111%

1%
1

•

*2%

;

*90

v?:

1,300

■

'??#•.•

700.
•

2%

#

96%

34

#40-

'

34

*

'V

2%

17

•27

111

•'

32%'

*94

96%

1%

*94

1%

7

7%

2%

!

7

7%
2%

2,300

2%

13

34%

34%
50
•?>:

'

f-

35

*49

35'A

*49

6%

■

35

'

iV,

%
1%

1%

1

1 %

1

1 Va

■??.

--•:

&

5%

*2%
co m C#

75

109%
28

50

*48

61

32%

*60

32%

*140%

76

32%
148

*75%
*60 %

61

*560

76%
61

*560

*39%
32%

*140%

"

15

15

15

104

*103

104

104

14'/a

13%

28

99

*98%

81%
50

40

32%
148

60%

104

*109%

28%

60%

105

13%

111

__

*560

15

14%

36%
f

75%

15

13%

*2%

2%

36%

75%

15

.14%

'

75

*48

148

•■?"'/

21

20%

62%

"'62

42

50

32%

•

1%

20%

79%
•

*48

15%
14%

*32%

2%

2%

36%
111

36%
*
—

10%

14,800
50

42

mm

v'

2%
36%
75

*98%
*79%

80%

50

40

40%

32%

32%

*75

76%

*60%

61

'..

*48

40%
32%
*140%
76

*60%

Clev

70

50

40%

1,400

32%
148

2,200
;

76

400

61

100

*560

May

8% July 11

5%

Dec

9% July

3% Feb

1%

Deo

4%

15%

15

15%

*103

104%

*103

104%

200

14

14%

14%

2,400

14%

3,700

14%

14%

3%

3%

3%

4%

3%

2%

4

3%

4%

27/a

3%

2%

3

4%

5%

5,570

'4%

5

4 Va

4%

4 Va

3%

4%

4%

7,350

4

4

4

4 Va

113

Isl

6

Sep

113

15

'

*11%

11%

11%

11%

11%

11 %

*11%

11%

11%

11%

11%

11%

11%

11%

*104%
15

11%
11%

113

15%

11%

11%

*104%
*15%

4

ll7/a
11%

5%

July 24
Jan 10

95

113

15%

4%
12

11%

2,760
1,100

2,600

C

Jan

13

76%

Feb

100

July

9

7 Va

Apr

12

J&D

15%

Deo

24%

Sep

61

Mar

64%

Nov

Dec

1%

Jan

15% July

20

Va

Jan
Jan

Jan

Jan

Aug 29

26%

Dec

40

51% Aug 13

Jun

12% Sep
33

5'A Sep
37'/a Feb

Apr 14

89

Dec

39%

Apr

1%

Dec

5

2
2% May 18
54% Apr 17

Jan

28

Dec

22

Jan

19

3
72

Jan

16

124

30

Apr

24

42

15

Apr

82

Apr

24
23

v

2 V<

x

41

92% May

Apr

79

7

30%

Jan

3%

Jan

87%

Bep

Sep

'?•■••

Dec

9

43

Feb

18

July

3% July

Dec

32

27% Jan

22% July

117

Aug

32%

16

Feb'

77

5>A

2% July 20
37

32

112

Mar

3

36

21% Jan

3

18%

Dec

Jan

12

Apr 29

120% Jan

22

17

94% Jan

14

6Va Aug 12

8% Jan

3

125

Deo

110
77

Apr

93

Jan

66

Feb

25

71 Va Jan; 3

16

Apr

27

23% Jan'27

11

29

2% Apr

.

-

116% Mar

122%
•

€5
x

•

15%

Dec

10%

Jun

Dec

5%

*

Dec

'

——•

75

Sep

Jun '

22% Mar

,

Deo

Jan

2

108 7/a

Dec

115%

Jan

3% Feb

2

Jun

Jan

60% July
29% July

1%

7

1

Deo

4%

Aug

4Va

Feb

'

110

Mar 10

1% Jan

Jan

17

2% Feb

1% May 27
90

Sep
Jan

Dec

3

25

1% Feb 10
Apr 20

.

i!

14

18

29

Jan

3% July

17

Deo

July

11

2

Deo

4

95

Mar 30

77

Oct

07

34

Sep

21

25

Dec

3% Feb

.

5

l'/a

Dec

27

22%

Apr

;,.37% Jan

15% Sep

14

19

Jan

6

Oct

14% Jun

26

17

Feb

10

15
14%

Deo

22%

93

Apr

27

100

Jan

14

95%

Dec

107%

Oct

——5
—25

5% Apr

22

8% July 10

5%

Deo

18

Jan

27% Apr 24

36% Jan 27

31%

Deo

44%

Jan

89

03

Deo

102%

Feb

82

July

6

27'

Jan

2

8

98

Feb

7

16

2

Sep

8

—40

2% Jun

5

50
—50
5

1% Jun

2

8% Jun

2

4'/8 Jan

100
100

.

Dec

2% Jan

26

1A

13% Sep

16

23

6% Sep

24

3%

Deo

17% Jan

3

9%

Feb

39% Jan

21

37%

Jwll

5

Apr
Apr

July 16
2

% J*3-11
2
'/a Mar 23
8% Jan
2

7

52

49

ft

% Sep 24
1% Sep. 24
1 >/4 Sep

Mar

8%

54

Dec

July

Jan

11% Jun

8

8 Va

May

6%

13% Feb

27

10%

Feb

14%

2% Feb

6

25

25

Jan

13

—3

43% Jan'■2

63% July

9

3

.10% Aug

100
5
No par
5% pfd —100

gtd

50
—50
No

par

No par
-.-100

No par

(The)—

No

par

No par

Colgate-Palmollve-Peet
$4.25 preferred

No par

Collins & Aikman

No par

No par
100
No par

preferred

Colo Fuel & Iron Corp
—

—.100

—100
4% 2d preferred—!
100
Columb Br'd Sys Inc cl A—
2,50
Class B
—i
1——2.50

34

.

Dec

3

Aug

20

Dec

27

Jan

41%

Deo

72%

8

Dec

10%

Feb

Aug 18

02

Dec

104%

Aug

14

34

Apr

14

40

Aug

46%

Feb

2

Deo

4% Sep
40% Aug

Apr
Jun

9

25

67% Apr 17
107% Jun 15

3

37

72

Jun

6

Sep

15

Mar 10

29%

Deo

70%

Oct

85

109%

Dec

115

112

Jan

3

9Q

Jan

5

24

95% May 15

100% July 27

08

May

77% May 14

84% Mar 10

61

Deo

47

May 11

May

32% Apr
25% Apr
139

Jan

50

Jan

28
24

44

Jan

22

145

2

56% Mar 24
55% Jan

28

Feb

25

470

11% Mar 13
97% Apr 25
10% May 7
96
May 1
13% May 21
% Apr 16

May 19
% July 10
8% Apr 17
1

8% Apr

24

36% Jan

26
5

3

46% NoV
27

Feb

28%

Feb

Jan

Aug
33% Jan

Oct

22

Jan

3

99

2% Mar
28

Sep
Sep

1

May 12

Jan

9

Feb

Jan

'A

lVaJan
3
20
May 28

92

Jan

&

11 Va Jun 26

..No par
100

Oct

19% July
44% Jan

par

1

Sep

3
July
11% Nov

V* Dec
ft July

25

Jan

1% July

6%

3% Mar

/ft Jan
.

A

1% Mar

Aug 11
Apr 28

12
33
47

—100

7% Sep.17 :

21%

10

Co 7%

1st preferred—

2% Jan

Apr

—

Colorado & Southern

-

% Apr

No

Class A

4%

2

14

7'A

pfd——No par
Bronze Co (The)——al
preferred
100

conv

4%
11%

14

8% Jan

14%

No par

Special gtd 4% stock
Climax Molybdenum
Cluett Peabody & Co
Preferred
*

5%
700

Aug

Dec
Dec

3% Jan

17 Va

El Ilium $4,50

Co

23

Dec

24

Oil

Equipment

Coca-Cola

Sep
6% July

Dec

4%
18

Jan

—

Co

Clev is Pitts RR

6

21% July 21

25

Dec

29

iJ

Copper

6% Feb

4

13

5

2

Pacific.

Cotton

24% Feb

2

28

1

——

Co

Aug 17

1% Apr

—

&

42

Dec

Coca-Cola Intern Corp

15




49

Jun

Clev Graph
i

113

1127.

10

Nov

No par

—

Rock

Clark

:900

2%

page

55% Jan

20% July
56% Nov

0%

—100

C C C & St Louis Ry Co

99

79%

400
1,000

/'•

28

99

■

111

27%

-.L

*14%

see

35'/a

Deo

No par
——100

Chrysler Corp.,
City Ice '& Fuel,;
6 % % preferred
City Investing Co
City Stores

1,000

V;

97

*109%

28

*140% 148

15%

97

75

*560

104

*10%

62%/

*104%

For footnotes

Deo

15%

No par

preferred
6% preferred—
Chicago Yellow Cab.

8,900

1%

5

23 Va

3

23% Jan

East 111 RR Co

2%

'

14%

3%

7

1

1

preferred

Chic

4,000

7,000

1%

3V2

Jan

19% Jan

4%

Chicago Pneumat Tool—No par
$3 conv preferred
'
No par
Pr pf ($2.50) cum div
No par

14%

*104 %

8% July

15% Mar 30

2

"

61%

*32%

*48

*75

.?;?■'■-21;;?

42

50

*140%

Jan

July

10%

Chicago Mall Order Co

200

%

1%

*32 Va

*48

76%

14

Jan

78

Feb

6

1

Chicago Great West RR Co

v

50

1%

42

*97

32%

7% Feb

61

14

1,400

1%

10%-/

39%

6

5%

Dec

7% Jan

1,200

":.? %

97%

39%

Feb

66

Jan

12%
118

Jun

2Va

100

Cab

Class' A

8,700

6%

% •:'•"

*98

39%

Deo

x109

3

1
Jan
2
Apr 25
Apr 16
Jan
2
29% May 16

100

Preferred series A

Chic

10,200

12%

*10 - '

>80

39%

7 Va

9

27

3% Jan

Apr
34% July
5% Jan

Mfg—:—
Chesapeake & Ohio Ry—1

2,600

2%

10%

81

39%

37
Sep
23% Mar

15% Apr

—1

Pap & Fib Co

Checker

100

1%

97

1%
-

13%

13

98

28

Deo

8% Jank

Feb

5%
11%
.9%
29
3%

>

No par

preferred 1

6%

9,200

*96

111

14%

Jan

11%

14

par

Copper—,..—No par

Cham

20

32%

*10

22 Va

Deo

30

18

14
Apr 17
Mar
6

19%
,2%
6%
71%
10

Co

Chain Belt Co.

96 ?."

10

>109 Va

7

16

Jan

112% Jan

Sep 25

18
Jan
4% Sep

100

Products

400

16%

*95%

96

28

9% Feb

1% Jan

6% prior preferred....

200

*16

96

2%

2% Jan

——-.100

Certain-teed

1,080;

V

98

*10

35%

Sep

7

Jan

14

1

17

6% Aug 21
103% Mar 12

40

prior

de Pasco

Chile

Va

Jan

19% Jan

-r.

Preferred

2,000

2%

26%

16 -i'i

;

■;•••'•

15

21

99

2%

:

300

2

—

Foundry

Cerro

32%

61%

35%

Aug

6%

Sep

—100

Aguirre Assoc

2,400

26 Va

V

*14%

21

*80

112

•

14%.

60%

*97

*1041/4

13

13

6%

21

•'"?"*—

Oct

2%

Dec

•»

Jan

1
Central 111 Lt 4%% preferred—100
ICent RR of New Jersey
100
Central Violeta Sugar Co
i——
Century Ribbon Mills
—_No par

40

3%

14%

60%

•'•'

14%

7,000

Central

60%

81%

*102%

Central

20%

99

15

2,100'

1%

Chickasha

*79%

*60

16%;

Childs

2%

45%

Dec

1

26

-

400

*97

*560

10

-

800

*109%

28

148

67%

2,600

?

1% ■>> 1%

81%

32%

6% •;•••

1%

75 '

5

35

23

1
14% May 1
53
Apr 17
6% Jan
2

.

IV*? ?-? *1%

l'/a

99

*74%

70

13%

*79%

*140%

120

ll Va'

36

3

13

19% May

—5

——-

—

series

*13

*

Apr

Jan

% Jan
1% Jan

34%

No par
preferred——100
# 7% prior preferred.—
—100
2% 2d preferred
1.100
Celotex Corp—
—v—No par
5% preferred.—
—
—100
5%

*UVa

36

•

38

43
>!■

Dec

Celanese Corp of Amer„

160

11%

*97

39%

V

13%

2%

r

Jan

Deo

3,000

/•<••?•

13%

*32 Va

41

2

Co

Co

Preferred

*11%

42

Deo

5'%

Caterpillar Tractor——-—No par

11 %

' *32 Va

23%

18%

6,200

97

3%

Steel

(J I)

13%

V

Jan

Sep 24

30

5

—1
:_l-0

Case

*13

10^'a

25%

2
14

Carriers & General Corp—

*11%

97

Deo

% Jun

v.

800

13%

10%

75

*109 Va

1%

*96"

34.

——

300/

11%

60 Va

14%

16% Jan
50% Apr

Clinch & Ohio Ry

*11%

; #>20

Jan

25

—50

—

Carpenter

*13%

1%

Dec

12%

—1

No

Packing

Carolina

90 'A??

i6%-

•'"

Zinc——

preferred A

1%

*94%

2%
35%

67%

-•

S3

13%

1 %

Jan

17%

Dec

Jan

—.30
—.5
No par

Zinc-Lead

60%

V

97

35%

.;

:•

&

preferred

11%

*

39%

Dec

6%

23

-10

'

Copper

1 Va
20%

60%

42

*

700

%

50

%
1%

Deo

16%

2

par

Capital Admin class A—

1

%

5

8

1

preferred—

conv

13%

'#•

21%

60%
*10

*11

V2

Sep

3% July

5% Sep

-100

180

6%

*49

Va

:

21

Feb

16% May 27

No

200

14'A

*34%

50 I

*%

%'v

Apr
Va

11'A Sep

Ginger Ale.5
Canada Southern Ry Co———100
Canadian Pacific Ry—
—~25
Cannon Mills
———No par

300.

6%

2%

14 Va.

*34 VA
?;?' *49

•?■

Sep

16

9

—1

Canada1 Dry

40

*6%

13%

Va

1

21%

par

Campbell W & C Fdy_——No par

32

7%

2%

6

'%

Dec

par

No

Calumet & Kecla Cons Cop—5

6%

1%

13

14%

%

—No

—

Bldg 7% preferred—100

California

•

16%

6 Va

95%

1%

Va

:•:?■.•

95

17

16

32%

7'/a

2%

6

!

'*?"?

2 Va

*95%

6

:

"94

13%

*14

18 Va

28

2% Apr 24
47% Jun 10

-.100

Callahan

27,800.

34%,

6%

2%
■

*16

96,

32 Va

%

2%

14%

6

1%
> 7

13%

:

6 /■•?•

*14

95%

1%
7%

2 %
13

6

14%

*94

1%

7%

2'/8

13

*5-,

95

1%
?■•;

x

par

1,400

4,800

116 'As

:

26 V4 -'26:%?

-

•

17

16

95%

•

2

26%

96

*20

*2%

-

2

25

16

:; 7%

5
—100

No

Co

'

'■•/?:'

25Va

16

1%

Apr

Jan

23% July

-

6

Apr 29

9% Apr

Jan

54

Deo

•

21

Apr 21

7

111%

Apr

17

Sep

2

28% July

par

1,800

21

•

13-

33%

*15

32%

par

—

67

00 V»

3%

13

95

16%

32%

Deo

38

•19% Sep

ft Apr 16
'1

par

No

5,500

90%.

-

97%'

*3 V4

r?

33%

18%

:

<

5%

5 %

21

1%

*96

*2% ?; 2% •;?
"95 ••:••• :

*15

32%

■'■•A-

V.r,;

33%

*16

6%

68

1%

95

16%

*6

30

Jan

par

•.Participating

'

18 %

6%

26

No
No

Terminal

Butler Bros

700

£

90%

,

16% •16%

33%
2

%

par

,5

No

preferred

Bush Term

127

116

6%
>67

3%

12% '•'13

20%

90%

95

34

~

89

••

Jan

9% Jan

7% Jun 29
15'A Jan
2

—No par

23%.
2%

34%

116

*90%

6%
'69 ??V-

97

3%
13 "8

95

33%

33%

20

•

25Vs. Oct•"

16

30% Jan

May 22

No

84

*124

90%

90%
116

90%

6V4

'5

20%

?■

90%
116

*67

13%

*2% ■■■■■lYa:

95

,:

Mar 10

6%

1,100

2%

66 %

34%

33%

20%

90%

9 8'/a

3

:?

25

xl5

preferred———100
Byron Jackson Co.
——No par

•

35

2%

127

33'A

116

69

*97

5
—15

Bush

32%;

84

66

20%

20%

6%

66

33

115%
90

2% Feb

'

12%

26% Sep: 24

220-

5%

# *23%

*2% */ 2%

2%
66

*124

90%

88%

6%

2%

*65

33'A

115%

89%

2%
65

127

*90

2

25

•

Burlington Mills Corp—
*—1
Conv pref $2.75 ser
No par
Burroughs Add Mach
'—No par

31%'

2%

83%

*23%

*20 %

95 Va Feb

1% Jun

Byers Co (A M)

12%

*33%

83%

33

-72

19% Jan

Butte

15

*31%

U

2%

23%

98%

7%

J&n

300

6-? a

15

35

83%

*96%

13%

*2%

*33%

98%

"95

Sep

35

500

%

6%

*31%

2Ve

*33%

*96 %

32%

24%

?

18%

4%

1%

*5%

Apr

5

;

Bulova Watch—,

54 "2

%.

*30%

*23%

*124

3

%

*51'%

4%

.

16%

*94

21% Jan- 6
35 Va Sep 23

•/'

•

13%

e%

83%

v

Forge

".■*

•

13%

•

15%'

23%

90%

*2%

'•

30%

1%

i

13% May 20
25.
May 2

—100

Co—

900

73%

4%

16%

*15

Mar

24

Wheel——.

Buffalo

s;

73

30 %

1%

*16

90

21% Sep

Co

Bullard

310

•

3

12%

16%

*1%

Dec

20

7%

12%

1%

3

3

12%

16%

*24%

70

6,800

5

15

1%

33%

7

7,900

21

*7

18

*83 %

69

5

■"■•

12%

16%

*86

Apr

"

15

1%

13%
*2%

Oct

70

18% Mar 31

Mfg
preferred-—

EuCd

1,300

3

23

%

"16%

?•

17

-—15

(E G)

300

40%

23

54%

"J if

32%

;r.

7%

'1,400

•

40

18

*51 %

%

1%

*2%

Deo

5

preferred

320

200

*

,

8

7%
'

73%

54%

%

*31 Va

116-

54%

3

13% #3%

4%

*2%

7%
Budd

2,900

'

13%

16%

-

10

7

Bearing Co

Bucyrus-Erie

2,200"

*54

7%

13%

:■

•31%

65

V

'.#■:>

24%,
18
'

3 %■//:••

7

73

*i%

•

'•

72'A

4 %

*2 Va

1,900'

G%

*20%

72 Va-

*30%

'

;

24%

V

5

*3

16%

v"

2

17% Jan

Bruns-Balke-Collender

50

12%

21

*20%

7%

'

>

5

5
21

4%

2%

6%

69

5

*20%

31%

20%

20

90%

90%

89

Jan

40% Jan

Brown Shoe Co

'

~

2.800'

20 Va'

23%

23%

34

116

?•'#
-

4%
>

"

.

—

500

:■

*17%

V V:

r "

'

■

53%

6%

42 s'-

23%

23%

Hi

*124/? 127

20%

j

90%

5

22 %

6 Va

66

33,

21% ;

12

23

2%

34%

*115%

12

13% May 20

Brooklyn & Queens Tr
Bklyn-Manh Transit
Brooklyn Union Gas

N#

2 Va

12%

3%

*37

14%

83%

66

127

34%

18%

'

18%

*32%

23

67 V2

*124

Dec

par

Bristol-Myers ' Co——

500

V

20Va

;v ■«■',.?■,

3%

3'A
42

,

#•*30%

2'A

'
'

20%

54%

8

8

*38

■

%

.?■?

35

83

2%

*65^8

8

2%

:

11%

32%

*2%

*32%

8

2%

54%

4%

'

13

May 29
30% Apr 28

Briggs <fc Stratton__

1,700
n

.

6%'
O CO

,;■# 52%

6%

*54

No

Brewing Corp. of America

"

14%

31%

'83%

3

par

200'

9

6%

12%

T

54

6 %

4:%

6%

20

54

%

*30%

23%

*20 !

18

*31%

*

■

*11%
"

18

*51%

6%

2%

'•*83

•

Jan

14 % Jan

—1

600

,,

••■'■'■

12%

2%

24%

13%

14%

.35

6

i

30

*107%
:

52%

52

17%

73

n
i if

)>

'

>23

Sep

10%

11% Jun
3
8
Apr 30
58
July 15

Bridgeport Brass Co
No par
Brlggs Manufacturing—1—-N0' par

200
•■

1 Va

12%

2%

24%

*13%

'

ll%

4%

2%

23%

Deo

•

6V2

12%

300

JO
1%

108'/a

2%'

18%

*72%

13%

34

:
9

6%

20%

6%

11%

32 % ;

*32%

20

18

•. ;.•■■•

.

6

3

14%

31%#

*31

31%'Aug

Dec

5

:

Corp__—

Roller

Bower

5,400-

*29 %'

25

*6%

11%

31%
4%

Dec

15%

14

'

18

*2%

147a
r

/•

*24%

7'A

72%

6 Va

*14%

'*11%

51%

19%

21

.

:

*4%
*

•

54

*'•

51%

300

....

19%^

19%

9

1C8%

"

V-

2,500

12%

18'/a

Va

*50%

■

kc:

25

3

•*17%

54% J

*50%
*%

72

*13%

*17% "18%

2%

*11%

40

21%

21
,

*6%
■>:>

73

'2%
*35

22

*4%

:-

7%
■<•'' ■:

2%

*35

/

6%

108%

29

*33%

v

54%

8

'

vvv-'avr

42

6%

19%

*24%

*

21

28

7% Jan

Sep

——

Borg-Warner

32

30

12%

:•

2 Va

12

19%

18%

*30

24

19% Jan

5

Boston & Maine RR

8%

1%

8'A
•'••'.* 29 V4

*106Va
*•

■

6Va

12%

25%

■

6%

19%

*24%

8

V

108%

19%

'*18%
*54%

;

*11%

,.<19% "19%

"">..8

24% Sep

i-lQO

A_—•

(The)

Highest
I per share

.

2

par

-No

Co

f per share

21

5

Inc—:

2,300

;

22 %.

*30

Jis..:

*JJ
*1

1

29

■;.

;■«•

No

Brass

6,100

2%'

8%

'

il
*1

Borden

*20%

19V4

.

26%

*1%

8%

18%

4,900.

Year 1941

share

29

5

-

-

<

20

8

'-?■

class

Co

Stpres

•'

26%
:'-v

29

20

8

18%
'

30

22%

.7%

■

*28%

,28%

*20

8%

•

-

26%

1%

*28%

>

21%

21%

25%

*28

8%

18%

21Va

Ami

Bond

t per

14% Apr

—,5

Class B_

1,100

Range for Previous
Lowest

18% Apr

-

35%

35%

&

Aluminum

1
Lots

Highest

S per share

par

Co

Bohn

20

.'•

■

35%

Boeing Airplane

100-Share

par

Blumenthal &Co preferred

:

of

par

No

Bloomlngdale Brothers™,

.

15%#"

35 Va

'

>15%;- #"15%

1%

29%

*17%

No

Mfg Co.

Co—

Bliss & Laughlin Inc

500

68

*57

17%

*85%

35'A

34%

•VI?

-

25%
•-•"

1%

Decker

&

Blaw-Knox

1,900

,

Basis
Lowest

,

600

■

.

V

17

5%

10

16%

87

15

21%

,

"

26

•

On

Par

'

15% V

Range Since January

STOCK

'

*8

68

16%

'•>,*15

YORK

EXCHANGE

Shares

24%

16%

for

the Week

•

t per share

24%

16%

*5 Va

12

24

16%

10%

16%

:

•

5%

Sales

Friday
Sept. 25

Sept. 24

'

*55%

15%

16%

*5%

••■:-'•

:•;•■■■

12

*8

•

65

15%

24

*16

5%

*11%
"

10%

$ per share

•M

17

5

:

■

12

*9

25 Va

17

5%

.*11%
•

*24

Thursday

Sept. 23

$ per snare

STOCKS

,

Wednesday

.Sept. 'i'i

f per share

V

PRICES

SALE

HIGH

Tuesday

Sept. 21.

1119

103

84%
^

50

Sep
Oct

Mar

44%
39%

Sep

16

142

Dec

148

Sep

80% July 10

78

Deo

106

Jan

Sep

63% Jan

9

60

Mar

Feb

25

740

July

470

15% Aug 15

10%

Deo

105% Jan. 22

100%

Feb

15% July 17

Dec

11

63%
740

16%
106

30%

Nov

July

Sep
Nov

Jan

2

105'A

Deo

114

26

12 Va

Dec

20

4% Sep

22

%

Dee

1%

Jan

5% Sep

22

Dec

3%

Aug

Deo

2%

105

Jan

18% Jan

1

Mar

Jan

Sep

21

13% Jan

6

11

Deo

Sep
21% Jan

6

11

Dec

21

5

13% Jan

%

Jan

11

Monday, September 28, 1942

FINANCIAL CHRONICLE

THE COMMERCIAL &

1120

NEW5 YORK STOCK RECORD
AND

LOW

Monday

Saturday

Sept. 21

Sept. 22

$ per share

$ per snare

Sept. 1!)
$ per

share

*

l'/a

34

33%

34'%

32

*29'/a

29%

12,500
2,000

31%

32

7%

*7%

7%

7%

7%

7%

30%

30%

30%

*30Va

.30%

30%

30%

%

23%

23%

23%

23 %

23%

23'%

23%

23 %

23

100%

*98

*98

±
32

■

Iff

'19%
■.fi.^2%
-i-16%

16'%

;

16%

16%
ioy4

'*88

28%

29

20

19%

17%

2%

10'%

9%

9%

10'%

'4%

4%

4%

4%

87%

87%

87%

13%

13%

88

88

•

7%

2%

°36 A

*7-Ik

37

12%

'12%
-

2%

*2%
&

86%

87

;
1

12%

12%

*

24

<;■' •'

23%

6

A'A

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V 3%

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;

.

6%

6%

6%

;

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6

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12%

12%

13%

2%

2%

2%

2%

97'%

97'%

23%
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6

6

38%
3%

22%'

23%

23%

23'%

*16%

17%

*16%

17%

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9%

*9%

9%

9%

9'%

34%

34%

51%

*2%
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23%

24'A

17%

17%

9%

9%

10%

92%

92%

7

*6%

*10%
;

'

51

51%

49'%

50%

50

50'%

4.900

177%

177%

2%

2%

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u
11%

%

U
92%

92%

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7

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85

17%

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700

36'A

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12

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%

30%

69"

71

71

*9

10

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io

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7

6%

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30%

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31'A

6,800

70'A

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10

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<A.A'\

80

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7%

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95

86

97

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95

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86

;•

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2,700
;

100

%

9

5

9VH

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97

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:

A *94

22

:

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8

7%

22

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92

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—-

4,800

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17%

210

15%

*15%

16%

22%
92

92

*"61

•-

?

-

-

'*61

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3'%

3'%

3'%

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3'%

17%

*16%

17%

*16%

17%

.*16'/a

17%

Ota

10%

9%

10'%

97/a

10 '/a

conv

Apr

14

.Tan

3

2% Sep
8% Jan

77

8 %

Apr

6

15

8

15% Apr
8% Apr

22,300

Corp___

—

10

94

1,800

Feb

45%

Sep

2%

Dec

4%

Jan

17%

Feb

15%

Apr

9%

25

40'/a

Jan

.V10

A

Sep

27% Nov
23%

Jan

5

Deo

18%

Jan

30

48

Dec

56%

Sep

23% Apr

24

35% Sep

16

28'/a

Dec

52%

42% Apr

17

55% Jan

9

17

177% Sep
3% Jan

159

Apr

2% May 22

preferred——
Curtis Pub Co (The)

Dec

182%

Jan

2%

Dec
Dec

U July 15

4% Jan

•

.

%

Jan

19%

Jan

A';"

17

14

Jan

6

11

Dec

Jun

15

95% Jan

5

88

Dec

107

12% Jan

2

16

July 13

10%

Dec

19

Jan

1

8

Mar 17

4%

Jan

A/9

July

85

5% May

'

Jan

5

15

Dec

27%

Jan

32

Mar 27

Jan

8

38%

Dec

45'%

Jan

10

Apr

27

12'/a Sep

25

10

Dec

15%

Jan

77

May 19

88% Jan

15

80

Dec

94

Oct

Jan

3

28

Dec

47%

Jan

79% Jan

2

73%

Dec

98%

Jan

13% Jan

14

13%

Nov

14'% May

19% Feb

9

23% May 20
Jun

25

8% Jun

26

5

Jun
Jun

13

74% Jan

2

36

29

88

41

1% May

A*

Jan

27

Feb

8 %

1401

Jun

3

72

Feb

127%

Sep

85

Sep

1

41%

Feb

77

Dec

Dec

9

3'/a

8

Mar 14

19% Sep

12

12%

Dec

16%
'25

Jan

13
90

Feb

18

98

Jan

26

98

Deo

09

Dec

11 Jan

2

.% Apr

4

%

Dec

par

13% May 19

18% Sep

22

13%

Dec

12

30

18% Jan

5

16

Dec

5% May 20

9% Jan

6

25% Jan

12

24

24

8% May 29

Curtiss-Wright ——„--A——-----1

Jun

13% Jan

—1

18

Jun

24

pfd—100

80

Jan

19

92

No par

44

14

Sep

;

6%

1%
45

Jan

Feb

Dec

10%

Sep

Dec

29%

Jan

80

Dec

90

Aug

,

47% Mar

Jan

17

56

Jun

3

42%

Feb

12% Jun

22

17% Jan

14

14%

Dec

,__5
Stores Corp
5% preferred———. -25
Chemical Co. (The) — —1

2% Apr
15% Jan

3% Jan

10

2%

Dec

7

17% July 9
11% Jan 19

14%

Dec

18

6%

Apr

11%

Cutler-Hammer Inc—_ —No
'i.

Jan

Jan

34%

?

par

prefened—

Sep

par

No

preferred——!—-No
-i.-——

x54

8

—No par

Cushman's Sons Inc 7%

1
5

Jan

Apr
Mar

42%
170

10% Apr

100

—

Preferred-—-—

3

Jil Apr

Cudahy Packing Co—-———30
Press Inc—A———^---5

$8

16'A

Feb

A35%

12% Jan

—100

preferred—;

A

6%

7

19% Jan

Cuneo

Class

15

Jan

51'% Jan

——-100

3,000

109% Not

Dec

29
29

conv

Prior

Aug

45 A Mar 13

63

■

5 Va

Dec
Jan

24% Sep

23

Jan

! 16% July

Aug 31

4

Apr

•

21%

9

8% Jan
42

2% May

July

106%

79

July

28

28

2%

,

103% Jan 28

28

30% Apr

Dec

30

Dec

Jan

Not

7% July

■

Dec

25

3 % Jail

Feb

II

15

•

9%

93

!

13% Sep

Feb

14

'

96 % Jan

v21% Apr 29
5% Sep 22

17

3

22

6'/a May

•2%

Sep

36% Sep

7

3%

Dec

%

29

2% Apr

July

A ii

ii/4: Dec
5

•

2

11% July

Steel of Amer__*„—No par

conv

Dec

?

21

May

1 % July

Dec

7

13

82

No par
—5
No par

preferred.,

Preferred

Jan

Jan

8

,

8% July
23%
107%

%

19

6% Sep

Jan

Jan

Dec

R

Jan

9

Jan

103

Deo

X82

1%

preferred—
—100
Cuba RR 6% preferred—100
Cuban-American Sugar—
—100
5%

••

15 =

15%

15%

15%

22%-

*88%

67

92

15%

8'%

22%

7%

8'%

22%

A

2

Jan

97%

Dec

7

Seal———No par

preferred—

conv

Crucible

700

22'%

*61

/

%

16

15%

15%

15%

15%

v-

19

8

Jan

—No par

4%%

*17'%

8 Va

*88%

92

•

*15%

800

,100

97

%

iff

i«

16

22'%

22'%

22

■

ya

16

—.-100
(The)——-2

(The)—

Zellerbach

5'/a %

9'A

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-

•

$5

30

A

17%

9

17%

19-%
97

*94

-

18%

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16

7%

8

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92

—

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-

%

%

18%

16

•

15'%

22

22 V8

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18

7%

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97

'%

U
18%

13

18

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97

>

9'A

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'

-

13
15%

8%

8

9%

19%

97

15

15

9'%

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A

17%

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19%

9%
19%

%

••

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*19
*93%

.

19%

$2.25

86
■'

'~

'

conv

Crown

280

70'A

30%

69%

4

Jan

'

*85

11%

29%

10

•

36'A

85

,85

•

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29%

7

86

'

11%

11%

84%

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'■

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100

11'A

84'%

';•■ 69

7%

7%

11%

84 y4

10 •'

85

Crown Cork <Sc

ii y.

69%

*79

Crosley Corp

6% -V 6%

-

36%

*9

*93

600

6'%

6%

17% "

69%

preferred

Cream of Wheat Corp

*36

7%

5%

110

6%

Feb

94

.

Dec

15%

-A

4%

14

9

'

Jan

23%

Dec
May

.

Jan

4

18% Aug

11%

14

11

25

—25

400

7% Jan

Sep

4% Jan

—100

Co—

16

20

Apr

Corp———A

92%

*17%

10

r

Crane

Dec

90

—,-1
~l

Inc—————

16

17'%

29%

8,100

30%
•

-.25

——

—

Coty Internat

92%

36%

29%

Preferred

Coty

16

17'%

29%

'

*6%

97% Feb? 3 A

Apr

Feb

Jan

20

Refining

92'%

36 %

84%

Products

16

18

-

A

77

5

Corn Exch Bank Trust Co
Corn

9'%

28
24 A

No par
5
50

Co
series—

92%

36'%

11'/a

12%

Steel

pref 5%

16

*36'%

*11

Conv

11% Feb
89

1

Del———

of

(I

65% July

Dec

22

5

—

92%

15%

*17

84%

7%

6%

Hi

12'%

12 y4

12

12

18%

4% May 13

$2.50

Continental Steel Corp„

600

11.

.

.

Oil

300

"3

ws.-

,

17%

70

'

%

36%

*9%

:v

11%

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2%

%

36 %

*68%

'

2%

%

Motors

Copperweld
A

30

176
'

2%

2%

*92%

'

176

177%

-176

178

*177

A

92%
15%

*15%

15%

29%

29%

51%

2%

84%

•;*83%

51'%

*6%

11%

100

640

11%

A

300

1,500

•

34%

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17%
35%

A
,

A 37%

*46

46

34%

11%

;

17%

35%

46 A

34%

*15%

16

*15

47%

34%

11%

\

Continental

34%

*92%

12

*n%

8,600

34

*%

v

Continental

34%

*2%

2%
]h

.

2,700
2,900

34'%

176

176

177

*176

Insurance-

51%

51%

a■

Diamond Fibre

34%

34%

51%

Continental

3%

17%

21% Mar 25

May 20

Jan

11% July

-;

Dec

% Jun

—20

:'V|!A:- 400

38%

9%

Dec

13'A

7

100

Inc„_

Can

Jan

2% Nov

13

•3% July 30

-1—

preferred

3%

23%

A

8 %

38%

*46

48

*46

48

'

*46

49

*46

23

A

3%

17

17%

*9%

20

7 AA

Dec

3% Jan

America——-25

Corp of

Continental

3,300

6%

6

-

16% Jan

Continental Bak Co———No par

100

24

23% Jan

7%
:

3

25

Container

Oct

37%
110

% Dec
% Dec

100

pfd

Coal Co.:——

6,400

:

.23%

23'%

17%

6%

39

par

2.900
"

Continental

v

221a

%■,;./,

*6'%

3%

No

Corp—:

Cuba

6

A

conv

38'%

38'%

*3%

3%

22%

9

150

97

23%

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37%

38

*16%
9%

SvV

3
,

6%

*

of

RR

8

'

preferred——
100
tConsUmers Pow $4.50 pfd—No par
5%

10

4

Consolidation

13%

*96

23%

23%

A,'23%

23%

Oil

104%

Dec

Jail

78

$2 partic preferred———No par
Laundries Corp—— 5

Aug
Mar

Dec

100

Oct

28%
31

-

Dtc

19%

24

11% Apr

par

Consol

Consolidated

Dec

96

24

28% Sep 22
105% Sep

Jan

7%

Apr

16 '/a

9% Jan

—5

Y——No

N

4% May
21 '/4

•••

*

83

$5 preferred
———No par
Consol Film Industries———1

Consol

'

97%

of

Jun

101

9% Aug 15

200

'

3%

3%

3%

3%

11,700

.

Edison

Consol

July

74'/4 Aug 19

prior preferred———.100

Consol Coppermines Corp—.

83

15

200

2%

*96

/-. 6% %

Dec

44% Jan

1% Jun

100

—

Apr

12% Apr 22

800

86%

13%

2%

97 %

.

38

37%

37%

500

preferred—

72

7% May 12
all Jun 26

A

5'%

85 %

86%

12%

'-23%
A" 5%

23%

86%

7%

.

Jan

Nov

17% Apr 29

25

No par

7%

7%
*34

36'%

*34

87'%

*86

88%

2%

300

,

'A

"

7%

7%

7%
35%

A

36'%

*4%

5'%

*4%'

5V4

■■
.

Co—

Edison

82%

64

Aug 14

4%

Dec

21% July 31

Congoleum-Nairn Inc_—^—-No par
Consol Aircraft Corp—i————1
Consolidated Cigar—„No par

700

6%

7%

*95

97%

*5%

23

2'A

35%

'

-

•"'•*2'%

7 7/a

12 %

2%

'2%
*95

97

95

*4%

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2%

3 6'/a

86

A

7%

7%

614

6%

:-A

•%

*%

%

.

2'%.

7%

■

.

1,600

7%

36 Va

8

*36 %

87

87

""■

4%

4%

5

*4%

8

37

14,600

2'%

'

4%:

4 Va

*7%

5,300

13%
86

4%

7'%

*2,/«

6%

6%

*%

•'%

*%

2%

6%

6%

87%

■

7

2%

4%

13%

85%

4%

13

x86

7

7

..70

.VA-,

"

%

%

7%

• •••■.

*2

6%

6%
*

.

2%

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'

2%

;

90

''

13%

4'%
13%

8 7'4

86%

86%

%■:

%

•

%

*7%

86%

86%

87%

*86

*88

90

\

86

x4%

4%

13

88

87%

:\\

13'/«

4%

13 %

500

88%

89

4%

13%

1,100
11.000

10 Va

89%

Commonwealth

2

>

No par

Conde Nast Pub Inc

17%,

10 Va

'

13%

6,100

29

20 % Jan

share

Dec

42 Va

Aug 21
24% Sep
8

100% Mar 17

Highest
$ per

43%

•

31-

8
2

A

I

8% Aug 19

2
*

91% Apr

100
No par

$6 preferred series

5,400

A

16'%

17%

*87'/4

*

10%
89

88'%

17%

,,

16'A

18

preferred

conv

Invest Trust.

Jan

7

75

16% Jan

Commonwealth & Southern—No par

v'

.

16'%

Mar 16

,24

3
6

45% Jan

1

5% Jan

$4.25 conv pf Ser '35—:
No par
Commercial Solvents--——No par

19%

*2'%

2%

51

Year l!)4l

$ per share

Jan

54

Sep

Range for Previous
Lowest

1% Jan

4

29

1
Lots

Highest
$ per share

14

10

-

7,600

%

28%

!

100-Sharc

share

Sep

par

15,800

9%

aV

.

■16%

16'%

1614

89.

89

*87%

*87% ; 89

*16 '/a

16%

*10

10
92

*87%

92

16 %

Comm'l

4'A%

'1

preferred-^ANq par,
Credit

per

-30% Sep

Pictures^.--—par

conv

3,300

9'A

7

*2'%

•

$2.75

•100

19%

2%"

Columbia

$

100
.100

Co_.A._No

Carbon

28

27%

19%

2 '/a

i o y4

16%

10

19%
*

2%

Columbian

105

*104%

(' 9%\

preferred^-..—-i

Commercial

aa

•

5%

-

oi

Basis

Lowest.'',:

par

preferred series A.i„_

2,500

Jl
1<>

9

27%

16%

16%

16'/4

io y4

*

27%

19%

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2'%

16%

:tu

28%

19%

19%

*2

2%

27%

27%

19%

8%
7

27 %

27%

105'%

7Iff

33

6%

-

.300

28

28'%
105'%

8%

%

19%

•27%

27%
105'%

No

Columbia Gas & Elec

110

*997%

28%

9

?

Iff

2,700

23'A

23'%

*104'%

110

8%

9
9

.

.

28

*30%

105

*98

105

*98

28%

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110

9

V

9

•
,n

.

100%

28

28

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110

9
■y

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100%

27%

27%

27%
*
104%

8%

31'A

8

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200

>

,

On

STOCK

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./■>/%" EXCHANGE,...;,, A ..A
'•■•'";'' '. /;av V:;:par

120

73

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8

7%
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35'%

72%

72%

72%

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72%

1'/«

35%

30

29%

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Shares

share

per

1'%

30%

n

*29 %

$

the Week

35%

1 Va

1%

A

Sept. 25

.

share

per

33%

72%:.

72%

73

£*72

$

$ per share

*29%

:

32

"29

30%

'•'29

Sept. 38

,

35

33%

33%

35

*33 %

■

1%

l'/a

1%

1%

1 '/a

1'/a

.

Range Since January

STOCKS

Sept. 24

NEW

Sales for

Friday

Thursday

Wednesday

Tuesday

v

PRICES

HIGH SALE

A

July

20

aaa/
a' i

D

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■

'•

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3%

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A

3 Va'

17%

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22

22

22'%

22%

27%

27% '

27%

27%

27%

99

27%
10

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8%

8%

8%

3%

3'%

3%

3%

41

hi

*%

15%

15%

15%

15%

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16%

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%

21%

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39%

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8%

8'A

18%

19 %

19

19

85%

85%

85'A

85'A

9%

3%

3%

%

,

15%

21%

21%

7/a
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A

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39%
•

V

%

2,500

Decca

Records Inc——

22%

3,300

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&

?

fno

■

'

39 %V

85

85

8

:

■:'■,

8%.;

JDenv

2,900

■i 85%

600

19%

1.300
900

85%

*8ya i'V 8%

A

200

Diamond

—No
No

Match

36%

*36

36%

*21

21%

*21

21%

12%

12%

12%,
A *61%

62

62'A

116
•!i! 14%

116

115%
*14%

14%

*3%

3%

4

*9%

10

:

113%

125%

113%

113%

125

10

12%
.

*12%

10

;

65%

115%

,*14%
4,

3

131%

174

*115'%

114%

115%

125'%

125%

125%

118

.:;•

27

*172'%

174

130%

*172%

*117

27%
3

2%

-

132

133

*173

174
32

12%

*11%

12%

*11%

12

*11%

28

*27%

28

*27%

28

27%

11%

11%

1%

1%

1

1

*29%

11%

11'A

11%

1%

*1%

1 Va

22%

*44

25'%

31

*21%

45

*30%

21%
*44

109%

1%

partic

preferred

Corp-Seagr's Ltd——No par
5% pref with warrants—100
Dixie-Vortex Co—
No par
Class A
No par
Doehler Die Casting Co„-—No par
Dome Mines Ltd——
No par
Distil

52%

1%

For

2,300

1%

3,400

28%

page

1127.

*59

61%

62%
3

64

*58

2

136%

Dec

164% Jan

7

120%

Feb

127

Dec

118 1

6

111% July

118

May

111% Mar 14

16% Apr
2% Jan

17
2

Aug

27% Jan

3% July

3

Sep

13

160

Apr

182%

Jan

25

27

Dec

36%

Jan

141

Jan

7

preferred—_—
100
Co———4
Edison Bros Stores Inc——2
Electric Auto-Lite (The)
-5
Electric Boat—
1
3

170

Mar 28

176

Jan

26

May 16

33

Sep

Xll% May 28

15

20% Jan

2

10% July

2

Jan

5%

24

cum

34

145%

Apr

6%

May

1%

Dec

108

Eaton Manufacturing

24

120% May

9

(N J)——No par

Jan

Jan

21

14%

Feb

17%

Sep

28% Sep
13% Jan

4

17%

Dec

33%

Jan

5

10

Dec

17%

Jan

1% Jun

2

1% Jan

% Aug

32% Mar

3

26 '/a

Dec

26% Feb

18

21%

Dec

33

Mar 16

39%

Feb

47%

107%

Nov

2%

Dec

2%
60

61%

*62

frf

2

Jan

Jan

;

*58

63'%

Jan

126% Jan

117

29

3,400
500

40

V57

61%

)ntf

144

Apr 24

10% July

36%

*110

63%
R

102% May 20
120

26

A

Feb

200

/ff

Aug

Feb

9

23%

300

61%

105

112

Jun

32% Jan 23

45%

63

July 27

10

23

45%

*'/a

1
5

—

Mills—

120

8

Apr

47

61%

Rolling

Dec

Jan

15

*45

61

Eastern Airlines Inc

100

Jan

Dec

6

28

8

39% Nov

45

3

1st pfd

6%

2%

20

2% Apr

Feb

X45

2%

20

No par

;

Jan

Dec

45

60

—

(E I) & Co_„

$4.50 preferred

79

Jan

22

Iff

preferred

Du P de Nem

4% July

:

%

26

2 Va

Jan

17% July

%

32

60

23'/a

27%

25%

2

Oct

May

8

*21%

60%

Dec

-

35% Jan 23

*31%

1%

x9%

17

2

22

59%

6

27

26%

1%

13% Jun

% Jan

32%

60'A.

14

17% Apr

*21%

1%

23

37%

No par

*30%

60'A

Apr

Dec

preferred
——No par
$6 preferred-.—
——No par
Elec Storage Battery
—No par
El Paso Natural Gas
3
Endicott Johnson Corp
.—50

22%

1%

8

32%

Electric Power &

400

31%

*110

16% Apr

36% Aug 29
23% Aug 18

7

3,600

26%

*109%

32% May

18% Nov

5,600

25%

110%

May

29%

31%

110

7

Va

1

*21'/a

v;,




28

25%

62

see

12/

21%

58

footnotes

1,700

30%

55'%
*

10

33

21%

56%

%

174

25%

56%

%

26

30%

110

Corp———

Duquesne Light 5%

25'%

55%

*54

8%

31

*44

13

Jun

i;300

21%

26

Feb

No par
100

1 J%

29%

Jan

7% July 17

Duplan

4%
10

*1'A

28%

86

Jan

*11%

28%

27%

Dec

6% Apr

V

23 '/a

1%

27%

Jan

65

9

Aug 10

Dec

28

l'/a

18 %

25

9% Feb

12%

12 y8
.

12% May

85% Sep

3

32%

l'/a

21

5

15% Jan

*11%

1%

Jan

7

Jan

70

9

132%

11%

10 '/a

Mar

,16%

13% Mar

Eastman Kodak

l'/a

Sep

No par
—.1

Dresser

Eastern

1%

Jan

Mfg Co—.
Dunhill
International

600

900

11%

41

141%

600

1

Dec

Sep

2,500

1%

33

Dec

3:!a

11%

Jan

3.9% Aug 24

59%

26%

l'/a

29%

ylll'/a

133%

1%

Dec

6

*3

27%

21

28

3

*133

1

55%

53

27%

19

Apr

70% Jan

118

12%

27% Jan

18

124% Jan

3%

28

20%

29

500

32%

23%

Dec

Apr

7,000

32%

Dec

12%

21 *

May 21

118%

*11%

,

Apr

16%

5

•6% Aug 24

-2

Diamond T Motor Car Co

Aug

7

18% Jan

Jan

*33% Apr ?*)

._25

%

27

2

14
'

July

6% Aug

Jan

14% Apr1

par

14
r

Sep

51

125%

174

Feb

95

117%

174

Dec

No par

125%

132%

'

2%

22

Aircraft———No par

*115'/a

26%

0

27

l'/a Sep

A

Douglas

117%

3

28

4% Jan

23

Dow Chemical Co

*4%

*117

10% Jan

Jan

1,500

125%
118

Jan

3,600

116

*173

12%

,

Aug

18%

2,600

-15

15

30%

Dec

13

*9%:

27

27

45

*103'A

1%

*51%
*53

32

1%

26%

25%

25%

-32

1

11%
*

27

26%

32%

2%

■

Apr

■

66%

125%

26%

27

32

130%
174

*31%

"

'*117

118

26%

4%
10

*115'/a

114%

32%

27%

*9%

114%
.

*2%

*130%

*11%

;•-■•' 4%

-A

50
600

Sep

•

9%

116%

12%

116%

-

14%

14%

4

10

*117

v

V

116

22

66

66%

.115%

,

38%

22

.

12%

66

14%

*9%

22

12%
,

36'%

37

21%

.

112%

63%
115%

63

*125'%

;

27%

*2%

21%

*36

36%

*21%

*115'%

114%
118

27

.

*9%

130%

*31%

109%

63

125%

3

*2%

*172%

12%

62'A

*125

27%

*27%
130%

12%

*36

21%

116; -3 ■;m U5% 115%
14%
14%
14%
4 :'
4
3%

*117

118

.

36%

21%

*115'%

*115 Va

*117

*9%

*36

'

28%

27

20

32

par

-

*36

Feb

27

Feb

100
-20

Raynolds. A

Devoe &
<6%

8%

.

19'A

8%

*8'/a

6% pfd—.

Detroit Edison—:

39%

8%

& R G West

4,300

..*39

'

18%

Feb

2% May 21

15%

A; 800

14

29

U%

7 A Jan * 2

■•,','-' %

280

24% Jan

.100

—-.

5

29

& Western——. -50

& Hudson—

Delaware Lack

Oct
Jan

8% Jan

18% Apr

Delaware

Sep
Sep

114

109% July

8

8%

16

25% May 12
97/a Apr 25

11,300

Jan

110

;

4% Apr

par

11,900

A

16

,_20

No

...—

3%

15%

r

Mar

102

1

Co—

Preferred

10'/a

*%■

•

12

Deisel-Wemmer-Gilbert A,:.... -10

3%

19%

85

;•■;

200

4

8 A Aug

100

4'A % pfd

Dayton Pow & Lt

9%
;

22%'

39y4

8

a;

Davison

900

21%

21%

19'%

*84%

11

16%

8%

9

28

22%

8%

85%;

84%

,;/■

8 Va

16 y2

;•■"'■■ 8%

19

9

106%

210

16Vi %

*39

39%

5,000

9%

19'%

8%

*18%

,

*39

39%

8%

8»A

10%

22 %

15%

15 3a

21%

•17%

*27%

3%

16

i6%'.;

*16

16%

•..

Conv

*16%

.

10'/a

•:; 10'/a:

9%

Davega

8

.

28

T

*8

8%

*8

1'%

21%

21%

22%

10

600

10'/B

:

22%

3%

15%

*16

:

22%

9'%

'

3%

■■;■:■■

3

•

106

27%

'

*2%

>•

8 Va

8

8'%

10

•

9
"

15%

.:

16%

*21%

V'

10

*9%

,

8%

3%

3%

108

*106

8

:

y%
•

"8

8»%

22%

*27%

"V 3'A'

.

108

*106

108'A

8

*9%

107%
8'%

107%

*107%

*7%

108

8

10

*9%

10

■

63%

h

24,400
1,300
300
510
700

Elec &

•A Feb

Mus Ind Am shares—

Light

$7

5%

preferred—

Engineers Public

—

Service

preferred
$5% preferred
$6 preferred
Equitable Office Bldg
$5

No
No
—No
—No

100

—1
par
par
par
par

16

2

19% Apr 24
39% Apr

27

107% Feb

16

1% Apr 17

49

111% Apr

3% Jan

11
5

28

66

Jan

30

July 27
47% Apr 25

73

Jan

5

Jan

17

% Jan

5

40

Apr

46

& Feb

21

83

4%

Jan

Nov

34% Aug
July

Sep

113

Oct

7

Jan

64%

Dec

69

Dec

80% Apr
83% July

Dec

89% July

74%

V* Not

%

Jan

Volume

THE COMMERCIAL & FINANCIAL CHRONICLE

Number 4111

156

NEW YORK STOCK
LOW AND

HIGH SALE

Saturday

Monday

Tuesday

Sept. 1!)

Sept. 11

Sept. 22

$ per

$ per share

8%

8%

8%

8%

STOrKS

Thursday

Friday

Sales for

Sept. 24

Sept. 25

the Week

Sept. 29

NEW

YORK

Range Since January 1

STOCK

On

EXCHANGE

.

* per

t

share

Shares

t per share

share

per

8%

8%

8%

8%

8%

9

9 Vs

9%

9

9%

10,200

8%

41 Va-

8%

8%

8%

8%

9

8%

9

8%

8%

59,100

41%

1

41%

41 Va

41%

42

40%

41'/a

7,400

3%

4

42

4%

4%

Va

4%

4:I8

4%

-"*4%

4%

*4%

4%

*22%

22'%

22%

22%

22%

22%

%

...

4

"

*%

1

%

*30%

32

*30%

20%

20%
6%

*5%

71

V-

.

71

*9%

71

22%

.

*22

22

10
1

;*22

- •

JErle RR

5%

"

3%

3%

<

'3%

*13%

137u

<>

*13%

*76

81

»77

81

*77

81

:

*8

8%

*8

38%

*7

12%

<

12%

19 %

19%

*34

*94

100

•

22%
19

22%

'

3%

3%

*30%

934

*34%-

34 Va

'10

•

10Va

-

lOVa

*90

93

*16%

•

_

V2

<

99%

■

34

-

10%

Buffet

Highest

9% Sep

24

4%

Dec

9

Sep

23

2%

Dec

7%

Aug

32 % Jun

2

44

Jan

27

30%

Dec

425/a

Nov

5

l%Jan

2

5

4 '/a

Corp

20 i

Federal

U Jan

15

Morse & Co

No

34%
10

*15 Vs

6%
<*38

;

:

3%

10%

23

'

X

-

18

1

100

1,300

*9 Vs

9%

100

35

•

10%

lOVs
>

35

:< 34%

35

17%

17%

17%

17%,

90

90

90

90

90

No

par

No

—No

9'A Jan

17

5,400

Fruehauf

90

150

b%

2%

100

Gabriel

1%

1,800

27 Va

Sep

Jan

6

86

Dec

97 Va

Jan

Jan

19

8%

Dec

18

3

34%

Feb

45%

12

Dec

13

Nov

18%

Jan

Inc

Sep

11% Apr

15

1

96% Jan

15

Mar 27

;

23

18

Apr 21

Jan

9

Mar 21

11 % Jan

5V«

1 35.

27% Mar 14
May 28

15

Sep

par

5

Jun

100

40

25

25

Sep

10% Feb

13

Dec

7

Jun

35

Dec

Dec

13%

Jan

May

32%

Sep

20%

Jan

'

9

30

24

12-

,

9%

Dec

105

Feb

36

132

Feb

2 Vs

7

Jan

~9

Jan

Dec

46

3

45

May 27 1

38%

Jan

3

32% May

41

24

19

Jan

3

18

Dec

23% July

10

95

Aug

4

93%

Deo

99

Trailer

Co

.1

27
Apr
15% Apr

preferred

100

85 % Apr

^_No par
1

1% Jan

"

6

1 Va Jun

23

.

Apr

Nov

29

Co

10

Jan

25%

103

Mar

Sulphur

__

33%

Dec

21

12% Jan 26
134% Feb 21
17% July 14

9% Apr 28
114

Dec

3%

36% Mar 19

\

Jan

16 Va July

Dec

13

May 22

Jan

i

42%

Dec

16%

>

5

Aug 28

Sep

17%

Aug 24

3

Jan

98

21% Feb

28

10

No

8%

Jan

Sep

105

Dec

31% May

6

May 14

10

pfd

90

102% Aug 11
39 Va Feb
3

2

14%

12%, Dec

24

1

_

preferred

conv

Feb 19

100

Sugar Co...

Freeport

4%

Dec

10

F'k'n Simon & Co Inc 7%
1.000

Apr

86

i

prior

Francisco

2%

par

;

Jart

26% July

14%

par

Corp..

May
19% Dec

7

20

87'/aApr27

par

100

90

4

11

29% Apr 30

...No par

17

-

100

Mar

Dec

3

par

6%

300

3,500

13% Jan

No

Machinery Corp

90

17%

11

Jan

Mar

13

41% Jan

July 30

No

Foster-Wheeler

43

■

A

preferred

Fair Stores

35 %

>

87

45%

24%
\

8%

8% Apr 23

$7 conv preferred

6%

*38-'

•}

Food

900

Steel

conv

bFcod

1,200

<

15 V8

8%

35

:

-

5 %

125

15

6%
43

»

1.0%

*121

15%

6 Va
*38

.35

•

series

Stores

$4.50 preferred..:..—
Florence Stove Co..—.i

80

-

4% Feb

18'/s Jan

77/a Apr 21

10

(The)

Follansbee

3%
32%

-

Co

Florsheim Shoe class A

3%

34%

30

29% Apr 29

Rubber..

preferred
National

Flintkote

Dec

Dec

ll7/a Apr 28

.1

Jan

-

>

Jun

4

No par

Y

N

2,300

v<"

31%

125

15 Va

6%

6%
First

'

«

9%
-

i

600

3%

'121

15%

.%

Ins

Sons Co.:

%

6%

16

__$2.50

Corp.;

(Wm)

Firestone Tire &

300
-

31%

34%-- --33%
125

98

*17%-

Filenes

4,300

-

Enamel

Fidel Phen Fire

...

1,600

*22%

f

18

Ferro

preferred

Dec

16%

31

76

1,500

100

*94

■

Jun

A

32

Jan

100

1

11

*9Vs

•

20

•

34

3%

03/s

•

10%

22%
'

•

*31
■

20

'<

■

*99

-

98

*18

..

,

3

Jan
Jan

5

10% Sep

Jan

30%

16

93
•

3%

Dec

29

24% Jan

par

conv

21%

8% Jan

15

par

4%%

Mar 24

Aug

8-/4

37% Jan

18

Apr

No

Dept Stores

Dec

10

Dec

1

'29% Jan

10

Apr

8

No

600

12%

*32%

43

*34%

:

<•

<

8%
38%

11

*22%-

-

v -•

-

34

-

j.o%

*94

"

22%

8%
•

69% Sep
20

Federated

;

Corp

VA
4

IS May 28

22

5

Federal Motor Truck

—-

*8%

"<x

Jun

2

Federal-Mogul

600

-

81

38%

% »"'•

100

34
...

10

*116%

6%

8

12%

No par

Federal Min & Smelt Co

700

3%
14 Va

*78%

;

$6 preferred

v

800

;

3%

.

70

6

18
24

23

277/a Apr 28
19
Jun 30

par

Traction

Sep

20

May 20

$2.50

Fajardo Sug Co of Pr Rico

4 %

5% Feb

Apr 24

20

3

Fairbanks

9%

share

4

700

22

$ per

2

Co

Light &

share

per

3% Jan

1,000
100

$

4% Jun

1,400
•

■

„

>74%

9%
14%

39

;

6%

22

.

20

31%

*30%

15%

90

Exchange

21%

-

<

'99%

10%

18

10%

*17%

200

Products

t per share

share

pur

Corp

-32%

,

81

19%

34%
98

*9 Vs

35

92

<<*90

19%

-

'34

Ex-Cell-O

*71

-.

3%

*8%

'

43

17%

<;< 8%
38%

*22 Vs

33s

<{<-*38 >.-■

35

< <•

8%

<; 18
: •>•<
3%

125

6%

6%
43

35

17%

*116%
:■<;< 15%

157s

6%

35

*16%

10%

•

-

'

125

2,200

32%

14%-

-

*78%

12%

34 % '

',*34%

-

-13%

38%

V;- -1

9

Year 1941
Lowest

par

Cleaner

23%

21%
-*5%

:

y

9%

•-V 3%

=

81

<-*94'

31 Va

*9%

3 4 % •;-

*38

-:

*30 Va

.

9 Va

*15%
<•

.v:<;

*3%

31%-

*10 Va

3%

*98%

<.

18
-

Vacuum

Evans

200

1

-

•

22

9%

19%

23

18

3%

Va

98

*22.%-

19

34%

6%

*94

-23

*116%

43

34%

34'%

10 Vi

9%

,

15%

r>%
*38

100 r-

34 Va

10%

*30

125

*15%

*98%

34 Va

*3 %

'

10Vj

116%

99%

19

•

31%

*9 %

19%

.*2.2%

V:

19

*19%

98

74

21%

•

*9%

19%

*94

•

•

,

6V4

72

■

9%
13%

*8

-

10%

.

21 Va

38%

•:

<•..

12%

34

-

10%

Eureka

1,800

23 Va

32%

*57/s'

•

72

*77

99%

<

-34%

•

<

19%

99%

*99%'

*10%

5%

3%

38%

*7

Range for Previous

Lots

Highest

No

.

5% pref series A

4%

*%

21%

13%

8%

'<38%

100-Share

No

...

int

4%

•

1

"la

4

*3%

32%

21

*

8%

'.."-*38

38

*7

32%

22%'.'.

•

9%

13%

38

23%

*

1

*22

:

3'/a

13%

.

23 Va

'

-.

*71%
>

9%

3 %

3%

;

20%

v

5%

*13%

of

.100

common

Ctfs of benef

S per

'
-

22%

9%

9%

32

■

.

72

*71 Vi

71

22 %

'

9%

'

21

-*5% X

6 %

*%

32

*20%

>

20%
•■1

4%

'

■

1

%

23 %

4

*4%

4%

22%

42%

*3%

3%

*4%

'

42

42%

3%
'

32

32

20%

*5%

*

Basis

Lowest

,

Par

1
'

„

.

'

$ per share

share

RECORD

PRICES

Wednesday
,

1121

,

:

May

Jan

July
Aug

G
*2%

2%

;*i%

1%

;ns%

9%

19 Vn

19%

;

19

2%

;'

1%

*5%

5%

*5

105

Va:'

1%

J

2%

2%

6%

6%

5

18 Va

19
3

2%

2%

2%

7%

*7 Va

7%

*7 Va

*83A

9%

*8%

9 V4

9%

*6%

t;

*48

52

*48

■

73

52

18%

2%

/ *2'A

%

7

Class

310

t7%

600

General

x26%

32'A

115%

*114%

115%

*114%

{ft

{ft

12

{ft

1%

87%

87%

*87 Va

89%

'

*%

\i
87

87 Va

*84%
*77

78

125%

125%

*13%

14

*1%

o

r

13'. 2

33s

33s

99 V2

99%

*99

J V<r

'24

25%

<16 Va

9%

9%

59

13%
106%

14%

•9%

14%

*14%

11'%

11%

11%
102

101%

104

11%
4

■!

11%

11%
4

4

14

'

r

78

...

38

13%

*125%

3%

3%
'99

r>

*

U

88

14

13%
'105

14

39

39%

125'A

125 "A

13%

3%

*3%

T.

13%

25%

26

16

9%
58%

•

14%

*14'A

11%
101%
11%

*11%
'100

9 Va

9%
59

59 Va

14%

11%

*11%
*100

102%
11%

3%

4V«

11%

X« 4
*57

54%

*53%

54%

12%

13'A

13 VA

13%

*2%

3

*77%
11

%'
4

4

*7%

7%

*28%

29 %

*23%

v

.

.

24%

3,300
V 300

20%
89 <

2%
80

2%

*77%

%■■

.

20%

<<

*86%

2%

:

*2%

*

78

78

%

%

.

1%

••

54%

400

13%

1,400

20%:

20%

22

,

-

77% <78%
21

88%

88 Va

Gen

2%
*77%

4

7%

7%

7'%

<:
.«<■

■

1,800
'20\

'-v

4

6%

Gillette
$5

t'i

7%

7%

7%

17,900

88 Va

3

*2%

200

%

%

19,400

;

$5

24%

Gr

*23'/a

24%

*23'/a

*23 Va

24'A

17%

17%

17%

17%

18

18 Va

18%

4,100

22

22

22 Vs

22 %

22 %

22%

22%

22%

22%

23%

23'A

23 Va

12,000

22%

^22%

*22%

*22%

23

*22%

23

*22%

23

*22%

23

*137 Va

138

*137 %

138

'137%

138

*137%

138

138

138

60

60

60

'60

75

31%

31%

31%

31%

12%

12%

12%

12%

13

*11%

11%

11 Va

11%

*11%

*10%-

10%

*10%-

10%

10%

*27%

28%

*19%

2%

3%

3

85%
4

33%

Feb

116 Ve July 24

112%
%

Jan

117

%

Sep
Aug

Jan

'<1%

Nov

par

1% Jan

Mar 25

61

64% Apr

Jan

83

Jan

3

10

16

30

Jan

2

122

Apr

10

128

Aug 31

30

par

par
par

Oct

Apr

35 Va

Jan

•

.

V

42%

Jan

104

Nov

91

Sep
Jan

Dec

48%

Jan

121 Va

Dec

<127%

Aug

:* 27%

Dec

48

Mar

3
6

14 Va Aug

1

5% Jan

31

3% Sep

17

A Jan

10% Apr

v

Va Jan

27

4%

Sep

4%

Jan

Dec

7%

Jan

110%

Nov

--

&

3

Nov

Va

Jan

9

Dec

16%

Jan

98

14% Aug 26
5
107% Jun

Apr 23

3

105 Va May

,

109 Va May 13

2

101

100

Sep

28%

July 14
Jan

99 % Aug 25

par

Jan

July 29

39 Vis

3 Va Jan

10c

No

Jan
,

}30%

78% July
125

Mar

.

132%

10% Mar 11

1

5

Dec

1% May 13

13 %

par

38

9

102

Apr

;

'

15

131 Va Feb

29

122

%

.1

—

% Jun

Mar 26

28% May
19% Jan

No par

23 '

No par

14% Apr 28

Mar 11

8% May 27

% Jun

106%

Jan

X

55% Jun

13% Mar 30

20

11

%

18

Nov

<

% July

9

16%

Apr

25

Deo

5

14

Dec

29%

Jan

8 Vs

Dec

11%

Jan

46 Va

Jan

80%

16

Dec

■

'•

x.

2%
84
4

31 %

24

No par

No

Feb

Sep

2

3

57 Va Sep

May

5%

23

138%

100

138%

*60

F).

preferred

__u.No

Union

>

50

ctfs

No par

City Steel...

No par

Co___—_L

(W T)
Iron

Ore

preferred

No par

11%

.*11

11%

11%

11%

11%

11

.11 Va

1,800

Grumman Aircraft Corp..

2%

4,900

Guantanamo

2%
84

Va

4%

4

2874

ca CO

29%

84

28

*20

,

4Va

800

540

6%

18.600

Gulf

Inc

7,700

$5

Sugar....,

*20

21 '/a

*20

21%

*20

21 Va

*31

32%

*31%

33

*31%

33

*31%

33

*31 Va

33

33

33

*11%

11%

*11%

11%

*11%

11%

*11%

11%

11%

11%

11%

200

Hall

*8 Va

8%

100

Hamilton

&

Ohio

RR_.

preferred..

<54

Dec

74%

10

Dec

20%

Sep

22

59

Dec

90

Jan

July 27

»

Feb

2

'

5% Jan

9

Sep
3% July 22 :

<>

j_

8% Jan
Jan

July 23

25

22

25% Feb

27.

28% Jan

27

143

Jan

14

60

Sep

23-

25

Apr 24

33% Jan

3

Aug 24

Jan

;

Mar

25 Vs

Jan

12%

Dec

18%

Nov

18%

Dec

28 Va

July

28

July

19%

Jan

144%

135

Dec

42

Mar

54

29 Va

May

36%

9% May

14%

Sep

Aug
Dec

Sep

10%

Jun

11%

Apr

14% Jan

10%

Dec

18Va

Sep

6.

3% Jan

29

48% Jan

2

85% Sep

22

2 Va Jun

3

4% Sep

24

par

<

11% Aug 31

100

2

Jan
Jan

23

19% Jun

Jun

13%

S" 5

3

18

Jan

Dec

12%

No par

—...No

6%

6%

25

i% May 22

Jan

Dec

36%

Feb

Nov

1 Vs

3%

f

Dec

July 16

__.l

3% July
68 Va

Dec

Dec

18% Sep

: 9Vs May 20

Jun

Oct

%

28

19

13

Jun

25

13

14<

Apr 21

No par

.n

8 % Aug 21

31

Mar 31

Sep

25

14% Jun

10.

2%

25: '

4

25

Dec

89

Mar

10 Va Apr

:

22% Sep

50

(The)..—.No par

preferred—.
Mobile

<

130

5%% conv preferred..—10

21

29

Co

Greyhound Corp

y

Nov

1

xll%

-

21%

100

& West RR—-

(H L)

Jan

Apr

Sep

22% Apr 28

2%
"

11%

6

Apr 25

Dec

Oct

24

10
3

'•

30 <

100

11%

Green

Jan

-

Sep

1

23

..No par

Western Sugar
Preferred

Sep

46

Jan

2

;

17%

Dec

4

91

Sep

6

74%

Dec

Feb

Dec

79

»

Feb

27V

2

7

itf

Sep

80

20

•

Sep
Dec

9%

13

4

'

54

Dec

29

Jan

20

Great

Green Bay

s

*

4%

Feb

1% Jan

22% May

____No par

Prop

7,500

2%

2;

10

preferred.—^

Nor

Great Northern

150

75

div

w

1
5

34 Vs May

79 V8 Sep

.8
2

X58

4%

11

U Jan

10 % Jan

par

Dec

2% May

July

2% Jan

60 Vs Jan

100

13

85

15

No par

:

12%

4

% Jun

Jun

14 Vs

60'

15

1% July 28

1

112

Dec

35

65% Jan
44

22

Mar

Sep

Aug

Mar 17

4
2

,

6%

20

8

37% Jan

Dec

102

23

5% Jan

Apr 28

12% Sep

par

50

Telegraph Co

13

-

4% Aug 24

x40 Va Mar 31

par

1

(B

,

25

Jan

.

24

-12

50

preferred

13

2%

16

110

12

4

No

X12%

84

16% Jan

May 21

,

21

.No par

VJJ

1,700

4

5

7% Jan

No par

32 Va

2%

19

Jan

101% Sep

..No par

31%

85%

"79% Jan

12

5

Co

31Ts

■

7

100

Hosiery

*19%

28%

20

Corp

Feb

10

Jan ;

21

28%

5

21% Apr
*23% Apr

56

28

27%

24

40% Jan

par

22

27%

-

Dec

2

Granite

2 4'4

85

<24%

30

Grand

24%

3%

5

Jan

Grant

3

28

28% Jan

Apr

700
500

85

Dec

13

3,300

V 600

2%

118

Apr

74

7%

7%

3%

16

Graham-Paige Motors
Granby Consol M S & P.

30'/a

81%

Jan

No

(The)

Co

conv

7Va

2%

127

Preferred

30 Va

3%

29

120

100

Gotham

7%

81%

22

...No par

7%

17%

2%

Dec

82

4 Vn

*23%

*3%

16

..No

A

Rubber

<fc

conv

4

17

*80

2

preferred..-.....,.;—.No par
No par

5%

60

17

10 V2

Mar

'

•

78

17 Vs

10%

20

Goodyear Tire it Rubb..:

29%

11%

25

16% Apr

per

10

preferred

Co

Goodrich

7%

*11%

97

•

Utilities

Gold & Stock

400

15.400

29%

12%

Feb

(Atfolf)

7%

12%

73 Va

Goebel Brewing Co

29%

12%

4

Sep

% May 13

Brothers

Gobel

7%

31%

90% Feb

71

111% Apr 29

dlv series

Tire

4%V#

29%

*31%

8

No

$6 preferred

7%

31%

15%

100

Telephone

Glidden

30%

31%

Dec

No par

Refractories

conv

*7%

*52

6%

;

Safety Razor

Gimbel

*29%

60

14

preferred..

7%

*52

9% Jan

No

Realty it

29 3/»i

57

16

Motors Corp

General

2,100

22 Va

78

4%

*7%

79%

21%

-

4'/s

22

%

<<

"1%
79

78%

-

2%
78

%

13

300

.

-

17

*52

6% Sep

par

No par

$0 pref opt

7%

■

6 Va

.—..No par

Railway Signal—.
preferred

*23%

,

Dec

No

Corp
preferred.—

preferred

29 Va

-<■

July

2

No

Gen

Vj': ioo

88 Va

&

21%

88%
2%

40 Vb

21%

21

78

a*

1%

*76

*37/s

4

;

76

77%

-

*38%

1%

76

%

4

*7%

1%

400 ;

13 Va,

40%

78

<<< 20%
%•< 77%

77%

89

to

,

7%

*7%

77%,
20 Va

*1%
*76

20%

77%.

*2%

80

*38%

40%

54

*
'

-

89

20%
*86%

144

V;

28

"

33
1%

20 Va

<77.-.

*77%
4

4Va

53%

'38%

%

v.-

53 '/a

*53%

77

.

Dec

Jan

General

2,000

53 %

12%

89

Dec

115

; ■ Jan
/' 7«/4 Jan

3

Gen Time Instru Corp

•

38%

19% : 20%

3%

£% Sep 24
121% Aug 29

Oct

Sep

55

;,

11

Public Service

90

12

4

12%

*76%'

2

28

5%
104

Dec

Sep

Equip Corp..^
General Printing Ink

400

4%

I 20%

Jun

39 Vs

2

Precision

6%

Apr

101

Dec

No

preferred...,

$6

4

5

16

104

2%

100

Outdoor Adv

Gen

Apr

11

Jan

46% Feb

25

1.8

preferred

1,600

58%

21

3% Jan
106

—100

Foods

General

102 Va

*4%

20%

Mar

Sep

1,200

12

*57%

78

8

4

12

*100

4%

s;

5% Mar
,

2% July 31 j

11%

A

58%

Hf

3% Apr

par

General

4%

»

5% Sep

1,250

4%

'1%

53% May

1,100

57%

78

Jan

14%

*4%

1%

47%

60%

56%

:

22

14%

-

4 Va

80

52% Jan

11

preferred

Common

ioo

■

16 V4

57%

i%

13

Shoe Corp
.1
Gen Steel Cast $6 preferred_.No par

11%

38%

20%

■

26

;

4%

•fr

Feb

51

12

preferred

$5
Gen
v

80

*56%

*78%:

12% July

9 Va

102%

11%

12%

.

Dec

59%

14%

38%

H

Apr

8%

9 Va

60 Va

14%

..

11%

4

9%

*12%

1%

Dec

6

'

•

*

*86%

1,200

16'A

12 Va

20%

14

2,500
*24%
,16

38%

85

2%

1

3% Jan

No par

Gen

106

4%

38 %

5

20

5

Cigar Inc

General

30

tftf

106

12%

.

600

3%

s
is

13%

105

1,500

102

*99'/a
«

*38 %

1%

14

57%

*52 Va

Sep

7% Apr

$6 conv preferred series A_No par

600
600

4'A

53%

Sep

23

.

No

cum

5%

1.800

14%

56 %

4 %;

Dec

Nov

10% Feb

3

Sep

General Mills

25,500

U
16%

.

120

V'

<*lTf.V 2

99%

105

25%

16%

11 Va

Jun

12

'

«%

*24%

*11%

15

2%

2%

;

17

—.5

A

$4.50

400

A.

13%

alt

101%

20

Mar

Corp

Gen Gas & Electric A

220

'

*

58

*78%

88

1:14%

3%

106%

25 %

59

Jan

35

No

„_L

,

Bronze

General

ioo

81

14".

«

*%

a

21

98

General Electric Co

3,600

132

2.

99%

3%
102

25 Va

14%

8

5

Baking.*..*

preferred

7 %

5,900
:

*127

•

16

13%

A.

33
1

i.[

106%

581

Apr

22

No par

Transportation

General Cable Corp

17,400

115%

1
•

125 Va

13%

27%

*114%

$8

Generai

80

*77

*1%

Va

126%

,<32%

1.15%.

132..

*14%

19

27%
•„

"

75

*125%

38%

14

•

19

•

32%

38 Va

125%

:

75

78

*127

<*i6V«; 16%
*9'A
9 Va

i

59

59

A-

125%

102-

*105

11
16

13

a
i«

*13%

,

25'%

'

*9%

<

59

14

3%
*99

78
132

37%

V

32

:

2 V"

13%

o

*%
V <:-.,
<•.*24 •,
16

13%

iif

13%

16%

125 Va

13%

102

*105 :

106%

37%

*1%

0 ji.

in

*127

125%
>.

3%

3%

,

'

fir
13%

'77 %

132

37%

13%

*13 Vs

>

77%

*127

125 Va

13%
2

87

77%

13%

*52%

500

32%

'125%

*4%

7%

32 %

37%

*56%

7%

27%

37%

4

7%

26%

37%

11%

7

26%

37%

*11%.

7:,

26%

129%

*101%

700

26 Va

78

*%

2%

125%

129%

...

2%

125%

87%

*13%

2%

125%

129%

n
tri

2%

125%

129%

13%

2%

125%

>J15

<■76'A

1.000

125%

1

,

170

3%

18%

5,-115% 115%

'114%, 115%

General

5V4
119%

18%

,

3,600

Amer

5%

18%

32

Gen

119%

18%

32%

Dec

Apr

7%

12

No par

$6 preferred

3,200

,*3%

18 Va

.

1%

1%

3

8 Va Apr

50

Gen Amer Investors..:

600

38

3%

'18 Va

32%

32%

5%
105

*3%

18%

,

1
3

Jan

6% Apr

2% July

1

preferred

conv

3%

.

74'A

26%

3%%

5%

74%

26 Va

May

2% Sep

2% Jan
11

5

preferred

13.9%

74'A

26%

16

Va Sep

10

Wood Industries Inc

5%

73%

.26%

20
No

(The)

Gaylord Container Corp

119%

>*18

.

*5%

37%

74'A

126 Va

*%

5%

400

52

*102

37

*73%

*125%

*84

:

5%
105

36%

74 Va

126%

,

7

.

*5 V4
'1C2

,

36%
119

*3%

126%

32%

5V4
119

3%

.* 6

t

Co

8

par

preferred

5%

9%

*48

,

*73

73

*18

5%

120

5'A
105

36%

.

*2 Va

•

7

5'A
*102

.

30 %

3'«

\

2%

5%
105

.

(Robert)

'

52

<120

Gar

1.900

7 Va

.

cl A

(The)

Inc

Gamewell

390

3

3

Co

Co

6%

19

*7%

.

Galr

9

19

lA

5

V

120v
,

*8 VA

V/2

35%

v

4

>;<, 1%

9

*102

36

*3%

-

*2%

9 V4

1%

:<*'&%"

19

„19

2%

*5 %

5%

■

120

4

'2

;'

9%

2%

*7 Va

*48

105

4%

120

4h

Va

35%.

; 5

4%
120

*105

1%

*8Va

19

2%

52

*103%

35%

,35

9

1%

9 %

*2%

"

*103%

,

2%

*8%

1

7%

9%

*48

1 Va.

19

2%

;'iV 2%

2Va

*8 Va

<

19 Va

;"v

*8%

,

54

?43

Va

*7V8

9%

r

9

*

1%

*8Va

7%

*8%

.

*1%

.

2%

2%
•*7%.

*2%

2%

29% Jan 24

1%
13

Feb
Jan

3% July
55

Dec

1%

Feb

4%

Aug

9

Feb

23%

Dec

H

.*8

8%

*97%- 99

*7%
*97 %

8%
100

8%
*=99 Va

8 Va

100

*8%

*97%

8%
100

11%
*8 Va
*97 Va

8%
100

21Va

*97 Va -100

Hackensack
40

7 %

6%

footnotes

see

page




1127.

class

Watch Co

a

19% May 21

25

A_.

29

10

Co.:

preferred
&

For

25

Water

preferred

Printing

...No

25

Feb

11
5

11

33

Jan

8% Mar 16

13

Aug 22

par

8

100

95

Apr

25

10% Feb

6

Mar 11

106% Feb

7

Jun

Dec

33

Jan

Feb

38

Mar

8%

Dec

16%

8%

Dec

15

Jan

Dec

108

July

23%
33

102

Jan

THE COMMERCIAL & FINANCIAL CHRONICLE

1122

Sept. 22

1 per

*100

4

*3%

4

90

*83%

95

*83%

*3%
■*84

7%

7%

(It

7%

94

Hanna

8374

8374

*83 74

8%

.*7 7a

90

/>'

'

Refrac

.__JVo

V.

-

8%

10

'200

.

Apr
1274 Apr

par

126

X

-1

1674 Jan

Jan

25 %

Jan

149% Feb

674

Dec

92

May 12
8% Jun 25

100%

Deo
Jan

3%

88

29

Jan

5*/a May 21

1

2

I per share

Dec

12%
140

10

4% Feb

7

100

19

Jan

146

2

80

Hayes Industries Inc_„;„^

20

17

Jan

Highest

J per share

t per share
104

29

Apr

374 Mar

100

Year 1941

Lowest

Highest

share

98

Co $5 pfd_—..No par

preferred——^—..
Hat Corp of Amer class A
6*4% preferred

200

per

Par

6%

374

*674

8%

*674

8%

(M A)

Harbison-Walk

1,600

1374
14474
'

95

*6%

7%

Lowest

;

■

101

374

4

Shares

Range for Previous

Basis of 100-Share Lots

On

#4

share

*132

144%

*3%

4

*8374

EXCHANGE

13%

13%

*132

144%

*374

NEW YORK STOCK

*100%

101

1274

1274

*130

3%

3%

*10074

101

1274

13%

Sales for
the Week

t per

$ per share

share

per

*100%

101

144%

*130

144 Va

*130

.

*12%

13%

*12%

12%
135

*100

101

*100

101

12%
*130

3 S

$ per shart

share

Sept. S i

Sept. 23

Range Since January 1

Friday
Sept. 25

Thursday

Tuesday

Sept. 21

Sept. If)
t per share

STOCKS

HIGH SALE PRICES
Wednesday

LOW AND

Monday

Saturday

Monday, September 28, 1942

Jan

101

Deo

Feb

'

*1 >

■

.'4

v

90

90 Va

*53

*53

152

*150

*11%

12%

12%

152

59%

59%

59%
133

*130

131 Va

*130

59%

674-,'

11,700

v\,

*55%

1274

57

*56
152

152

1274

-

12%

12%

5974

133

37

37

Helme

(G

10
"

60

1,100

W)

2

674 Feb

19

4

58

9

158

51

preferred—_-_i.___il00

cum

125

'

*36%

•-

38

37%

37%

37%

92

*91

92

*91%

92

13%

*91%

*3674

*13

13%

*13

13%

*13

*14

15

*14

14 Va

*14

25%

25

25

674

67a

500

14

600

>•*90%

92

91

91

>13

13 Va

*13

13

*14

15%

*14

15

*14

15

25

25

*2474

25

:

25

'•j'* 24%

28:%

29%

*29%'

*36 Va

37

-.37
38

10

3874

*2%

27 it

3%

*33%

34%

6%
1374

Hires Co

*1374

38

3774

3774

29 Va

28%

/

38

10

10 Va

10%

1074

10%

3774

3774

3774

3774

*105
*3

3

3%

3474

33%

*105

108

*3

3%

33%

34

34

*105

108

Jan

2

5 %

1,500

Houston Oil

3474

74

800

of Texas v

96

C-i_,__25

t

-

Jan

80% July
Oct

56% Jan
115

Jan

12Va

-

Dec

16*/a

Dec

Dec

18% Aug
30% Jan

Sep

'

1

5%

Deo

9

Feb

9% July

30

1107%

Apr

5

30%

Dec

52 74

Jan

Dec

39

Jan

•

;.' 24

1674 Aug
115

Oct

''

^

774 Dec

1374

Jan

44

Jan

20

36

Dec

64

Jan

106

Sep

18

100

Aug

111

Jan

24

3% Jan

14

2%

Dec

5

July

2

2*/4 Apr

Howe Sound

16%

132%

20

Aug 29
'-10% Jan 29

34% Feb

3

26 Va

Apr

29
May
1

-

Dec

1274

V

38

30 Va Apr

,

100

preferred

374

34

27
•

4-N0 par

Apr

38% Feb

;

3

874 Jan

Household Pinance__4

10%

Feb

'115

22% Mar 21

108

3

,

3474

S.

Jan

July

1874 Jan

23

27

_12.50

96

168

13%

5

6% Jun

6

Jan

13% Sep

111% Feb

Houdaille-Hershey cl A_—,~uNo par
;Class
____^j-No par

800

,

6

par

Sep

Dec

9974 Jun

2674 Aug 20

r

Jan

'Sep

874

123% May
.'1 33 % Dec

x

14% July 23

•

2

_____100

Homestake Mining

300
1,100

38

38

•

Mar 21

•

06

Dec

65%

•

2

*

3%

Dec

50%

May 21

13% Jan

12% Mar 11
11

Jan

Dec
Jun

150

28

44
July 9
102% Jan 12

■

14'AJan

(A)-—^

preferred—

7%

5

(-10
411'■

i

(Del)

Hollander &.Sons

5,000

3774

The—.

Holly Sugar Corp—

i

*114%
29

(C E)

Furnace

Holland

1,400

72

Mar 13

79

Feb

1%
5

,

July 13

132

9

:_10

Hinde & Dauch Paper Co——

14%

10

*37

107

274

274

6%
13 Va
*114%
•3 2874

400

7

Feb

•

76'

12% Feb 24

•

Apr 27

30*% Mar

Hershey Chocolate__j_„_«j_No par
$4 conv preferred
No par

13 74

38 V4

*105

34

34

92

10V4

38

*3774

107%

*105

107

*105%

6%

29

37%

92

13 %

2874

29

•

10

10%

38%

25 Va

*3674

25

*114%

*36%

38

10%
38 %

*10%

137a

29

2974

.

13%

6%

13%

*113%

*113%

*113

.

25
6%

4

*674

14

14

14 %

*13%

674

*6%

6%

v;*6

J

*13

Va

300

37%

*36

,

>.

28

10% Apr

par

—„No par

Hercules Powder--

6%

6
19

45
May
141% Apr

^100

Motors_w._^-^_—.--No

Hercules

133

*130

Jan

93% Jan

4% May

„_1
25

Preferred

600

f

1274

5974

60

*130

133

Products Corp__„___„^

200

i

4

24

.%

■■

■,

25

Hecker

i%

Jun

79% Apr

—2

tHazel-Atlas Glass Co_«_

'

!

57

152

597a

*59%
*130

133

6

Hayes Mfg Corpj

5,600
V';., k/:- 160

*151%

152

*11%

59%

*130

174
9074

54%

*150

12%

*11%

12%

*59

6

54 %

55

*150

54%

54%

55'/a
152

*150

1%

90%

1%

90%

574

5%

174'

*90%
9074
6 V R

1%

90

90

5%

5%

1 Va

1%

,

90

90

5%

5 %

5V4

*1

1%

1%

1%

8

*90

29% May

k 37%

Jan

'

*18%

•*18

18%
■i.

"k *3%

4

-v.:
%

:

:.

1674

3%

*3%

374

10%

10%

1074

*8%

9%

*8%

*22%

23%

*83 V2

84%

374

374

v: 3%

374

*374

10%

10%

10%

10%

10%

8%

874

974

*46%-.

47%

46

'

4774

4674

.164% 164%

■ft

.

7 Va

6

Ingersoll-Rand__-__—

*155

104

6274

10 V4

v

62 74

107s

1074

674

*5%

2074

:

6*4

6%

137 Va

487a

4874

49

par

No

Corp

par

._100 "

Intercont'l Rubber
Interlake Iron.

par

16074 16174

164%

162

74

y

*A£

7%

77a

774

774

r/A 774

*73/4

8 Va

8

8V4

874

*48

49 Va

7%

162

161

159*4

i

ft

'

ut

8%

8%.

so

274

28

133

*130%

8

8

774

27%

133

49

8%

874

:

874

8 74

874

/

4974

4974

•:

Int Hydro-Elec Sys class
<Int Mercantile. Marine-;

2774

2774

*128

136

874

49 Vs

2%

274
28

■

®1/8

8

*1%
38

*130%

42

*40

*2874

29 74

*36 Va

8

4
4

/

8

*90

274

25%

25%

'

21

*92%

,*20%

126

*1874

5474

A. 124 Va

•124%

*12474

18%

1874

66 V«

157

Jan

12

12% Jan

No par

Int Nickel of

100

:

*5474

55

66%

*65

*8

874

-*874

*9%

974

*974

9%

874
*9274
58%

.

*12474

126

>

37%

18%

18%

2

37%

374/2

37%

*

166

July

9

4

*374

,i

874

x8

:

90 Va

1

Va

9

9
.

-

*

133

145

-

5874
*

19%

124 Va

'v

1974

54%

66 J

8%

-

55%
66

%:

-

300

874
27

r f100

;'v

145 t "

*131%

874

:

8%

124 74

19%

4,100
10

125 >

1974

•-

1974

;

:

*55

67

874

974

9%

55

55

*66

67

55%

'

66%

874

*9%

*874

5%Vpref series-A—
rprit .series; B conv!
Joy* Mfjr Coi!.JJ J—

974

974

974

v

m;

■

174
38%
26

July

3174

■

Apr

32% May

•

-

;

Sep
Jan
.*

Sep
73% Jun
274 Sep
48% Oct
49 *

.

Oct

31%

Jan

49 -;

Feb

May

4 V»

29

29

Apr

574 Jan

95

Oct

174

Sep 21
:

?

87

Feb

s

:

7

Feb

,

6

3274 Jan

,

132 s.

Jan

.

8% Sep

»
5

31%

243,4 Jan
3

64

.,

6

7974 Jan

61

122

20

Jan

44

-Jan

;

111% Dec
71%
128

Sep
Feb

'

.27% July
67.
Aug

Dec

Oct

64% Dec
7 8% De»

3

Jan

11

14

Deo

Nov

v

1674
"59

3;,

Jan

134% Aug

49% Dec

,

17% May 20

33% Aug

i

1077k Dec

85
May 4
62% Mar 4
•50% May 15
9; *126 Va Jun 16
122 ;i Jan
.

Dec
Mar

Sep
Sep
9% Aug

88

;>

8% Deo

22

33Va Jan

.

:?'

2674

124

20

Sep

14

^

10774 Jan

I
May 20
7% Aug 13

5% Feb

2

,

Sep

374

Deo ;

12

Jan

Oct

3%

9% July 30

2

.,54%' May

104

Jan,

1% Dec

21

9% Jan
95

-

18

:18%! May 15

25% Feb •;

»

"Aug 20

2

127

.100

;'; 5 %

100

20

Jan

Jan

,

•-•24%. Apr

.100

400

874

5

4

,

51%. Dec

13

Feb

4% Sep

29

No par

500 yry:
:

-

874

4874 Feb

104

7% Apr

par

Laughlln Steel—-.

5

: 32

1% Dec

./ 1074

5
26

674 Jun

.100

Preferred s„

20

7

May

88% Apr. 17
-

.100

Manvillei-J-!—J——No

Jones* &

8,700
r

*8V4

Johns:

Feb

2

/ 2

I

:

'if.u 4 74%! preferred:——

•

5974

CoJ-

131

39

1% Jan

preferred--——Jt

(W B)

Dec

May

May 20

•

94

Jev^el Tea Co Inc——--No par

•'

i

98

*92%
"i.

125

1,200

$0

.'iarvls

900

1974 V 20

5974

"

*f

20

98

;*92»%

: Interstate .Dept
Stores—,—lNo. par
:u..-^:..Preferred%r!._t.ui—
4-i—100*.
Intertype Corp_'_i__-—
-No par
Island Creek: CoaL.^—_-_-^-;—-_1

800

2074

5874
126

r

7*

8%

20..:;

98

80,100

8%

26

:u._—100
ilntern'l Teiep & /Telega-—..No par<
i'.
Foreign-share ctfs—
No par

■:-4,100

23

125

!■',

'

'■•7%' preferred..^:

.

'

4

"46% Jan 3a

6

100

31

July 16

2% Jan

■

8

>

Jan

Nov'

7;

607s Jan

11

36% Sep

19

1574 Jan

.

14

3%

834

--*8%

8%
21

V

274 Jan

Sep

135

22

Mar

374

*26

*•:

Sep

May

92%

9
27

*26

-

7

45

71% Sep

26

104

Jan

1374

3

14

39

*8%

9274

■,'•774 Sep

par

*9074

874'

*9074

—1.00
4;— -15

_4„_„No

Apr

28% Feb

174 Apr 25
3

Salt

Deo

50

10

Apr

International

*374

■/.

38

100

'*/«

;

Jan

July V

170

Jun

674

'

Jan

167%

/. 57

19

29

preferred

; 150

9

8% Sep

International^ Shoe____-u .r-LNo par
International Silver_i_—...
50

374

374

12% Jan

11%

Dec

May

-

42% Dec

19,

May 25

300

38 >

*101

4

374

4

300

74 Jan

%: July 27

-

3 Vs
*

8

3% May 29

v 5%

200

7

29%

*37V4

37%

-*101-X 104

'•:r

43 V'.

29 %

conv:

Dec

8

Inter Rys of Cent Am—__Na par
■, 5 '/<r
preferred_-___J——100

k,

37 74

*40 74

29%

5%

3,800

:

2 A

36%

3774
42

29 %

104

48

*174

8

6

24 Vs Apr

Co

Jan

Feb

140

12674 Jan

International1 Paper

-,

113%

4

'•'.

Sep

July

Feb

5

Sep

27

107

'52

May

Jan

7%

Dec

•

Jan

13%

Feb

24

Apr

Jan

90%

Dec

6

5

Canada—^>__No par

/■j'' Preferred.%—

14,000

974

47%

•

42

6574

55

4774

2874

27

2074

5874

*5474

*65

>

87a

*174

9

■

8%
19

'

,

Jan

161

Dec

5

23% Jan 27

•

111%

Sep

63

14

674 Feb

.

9% July
2974 July

Dec

154

4- 7

74% Feb

14

preferred..;—
—..—100
Internat'l1 Mining Corp-4-.-1—1

'4 13,000

137

*128

9

""4574

'{•:

2

145

._

87a .,'

V

,

45% :

*26 ■','

98

18%

8

*131%

-

874

58 Va

547a

*8

*8%
' 3

21

*9274

:

58%

:

187a

*65%

98

58%

5874

*124%

8 74

*20%

.

a'

90

9
27

145

8%

4

j:.vi 874

8%,

*2574

..■

374
v!

9274

-.*131%

21%

*92 Va

98

5874

474

*8V4

9

•

*101

474

*8%

145

8 Va

8%

8%

*36%

38

*90

27%'

*25%
*131%

140

21

3
24

85%

Jan

,.4 %

2,800

2874

287s

287a
137

42

28%

104

374

874

3774
*40

4 74. 3

Va

9274

*.

*8%

9

*8%
*132

4

-

*8%

'

92%

v

*101

4 Va

,■

3%

•

% •J 37J/a

*36%

104

3%
"

37

38

*100 %'

%

,45%

7.3*174

42

29 Va

•

3%

*90

38

*28 7a

38
104

3%

;

37%
42

"

42

29%

*36 Va

2 '

2

7%

j

45%

*1%

*1%

38

*40%

*100%

8 Vs

45

4574

*45%

•;
'

2

*28%

:

<

r.

45%

45%

8

151 % Jan

25

A-4

Internet Min & Chenu.—

:

700

50

274

274

28%

V 136

1,800

'

.

Jan

574 May 20
10974 Mar 16

-100

■'f Pre! erred.

77,000

8%

8

874
49

274

274

27%

133

27 Va

*128

274

2%

2%

*2%

/ 27%

50

*48

;

''

100

9

147

•

50

1

1074 Jan

40

1.300

874

"

21% Jan

24

Feb

20% May

29

par

380

-

Dec

25

5% Apr

4 Internat'l. Harvester.!——-IVo

5,800

Deo

5

;

3

par
—

2

13%

4

111% Feb

par

Business

Aug
Aug

45% May
4% Aug

3% Sep 24

■19

Machines-^.—-No

;Int

100

10%
24

Dec

1674 Feb

5% Apr 21
Aug
6
100% Aug 21

preferred.^—;

4% Deo

1074 Aug 29

8% May 20

6 %

5,900

-

V

_100
—No

Co_-—

Jan

74 Jan

31

Feb

20

20

;V 1,300

6 '4

137 74

Steel

Interchemical

*200

7%

67a

4874

48%

*774

774

par

Inspiration Cons Copper

200

,,

No

Sep

4%

V* Nov

11% Deo

27

Insuranshares Ctfs lnc„——u.41

2,900

.

105

13774

674
*136

.Inland

700

'6 74

2174

*104

105

7
■

137

1074
••

'*20 74

207-4

*104

•:

•"

64

Rayon—par

preferred—^

6 %

6274
*5%

■

674

■

47%

47%

162

'

'fit

100

20%

674

Apr

86

*155

*133

July

54

*84

374 Jan
21%

Dec

Jan 27

8

'

164 %

*163%

7

153'

86

*1974
V104

138

May

*83 Va

674

;

74

86

1074

6 74

6 Va
*135

136

74

1974

Apr

Industrial

Jan

19% Sep 25
Mar 25

2

21

2%

«

2

400

•

•

21

6% Jun

Indian

:

23%

*5%

108

7

7%
6 Va

6Va
*133

138

1974

2% Jan
10% Sep

RR See: ctfs series A

900

Dec

74

15% May

.

2
1% Apr 13

2

Indianapolis P & L Co_4——No par
Refining
:
10

240

k: 1.200

9

32%

100
—1000

6

474 Apr

May 13
J an

Feb

21
:

2

5% Jan
13

100

Leased lines 4%-——

*22%

10

•

:>.10O

preferred series A-

23 Vi

62

6V4

*104

108

*6 7a

6%

6%

*574-

CoJ.

6-%:

x23 %

62

10 Va

V

20 %

*19%
*104

7%

*6%

*134%

10

574

A Jan

22%

*155

63%

10%

.1

*83%

86

*61

5%

20%' "

22%

2274

;■

4

1074

9

2

1

160

3774

s

: "v*8%

*155

10%

105

37 7

377/a

2

par

Illinois Central RR

1%

5% Aug 31

2

17

374 Jan

3,800

Deo

'

.

tHupp Motor Car Corp.,

13,200

19%

374

*83%

5%

*19%

3774

7%

19%

8%

84%

10%

*104

;

37%

••v: 774

Jan

2

A

1% Aug 31

2

16% Apr

^preferred--,—100

Hud Bay Min & Sin Ltd__».iNo par

3,200

774

18

,.

% Jan

100

Hudson Motor Car

-3,700

19 74

30 7%

7%
1774

37%

474

4V4

74

•'

10%

61 Va

10%

7%'
17%

36%

2274

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*5%

1«

k

■;

474

5

'2,000

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.

& -Manhattan.-^

Hudson

200

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18%

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:

111

.

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23

84%

3

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474
18%,

4'

1%

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9

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17

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37

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18 %

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61%

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474

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,

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1674

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8674 July'
14
Sep'

K
9%

.

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2474

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574
774

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*1074

8774

89

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12%

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574

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10274

10274

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2974

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110

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3074

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27

100

1474

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12.

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2

2

2

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2

2

34

3574

35 Va

35 74

35%

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35%

19 %

19%

19 74

1974

19%

19 74

19%

1974

1974

19 %

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3%

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3%

274

274

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3%

*274

3%

2274

22%

2274

22%

2274

2274

22 74

2274

2274

2274

2274

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2574

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2674

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26%

26%

2674

2674

2674

34

34

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12

32%

33

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1074

1074
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16 74

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32%

15%

15%

32%
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12

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;

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32 74
16

33 %

12

33%

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*19

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16

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16

1074

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11%

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11%

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11%

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24%

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2474

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19%

19

19

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107%

107 74

103

108

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2%

274

274

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1%

17 a

174

1374

1374

1374

137a

2174

2174

21

2174

274
1

1374
21

19 Va
109
3

174
14%
2174

19%
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24 Vs

19 Va
109

24 V8
20

s10774

24

500

3474

10V4

19%

*2%

3%

Va

20

22 7s

3: "2 ,000

20%', 26%

2%
1

21%

3

IVS
1 4 Va

3 Vs
1 %
14

374
IVs
14 7s

•;

'•(■ '3,; I 000

*33 %

1174
353

2 ,100

V
■'

1574

11 Va

100

2474

700

2474
21

108%

21

108%

3

1%
14

3

^Laclede Gas Lt Co St Louis—-100
),
preferred!—100
-Lambert Co (The>-—i
.No par

.1,100

?

600
310

3,600

1%

2,500

1474

4,600

(S S): Co.-—1_——J-—-10

Stores—-1
Kress (S H) • & Co_!!-——No par
Kroger Grocery
No par

60

*10%

v'$5,prior preferred—No par
Kr6sge

Kresge Dept

140

"

1374

•

100

>

1574

109

Kehnecott'Copper!!——!!—!No par
-Keystone Steel .& W Co—-—No par
? Kimberly-Clark—J—-—3-NO par
Kinney (G R)' Co—!————-I

-

Bryant!!—!!!—!-!—No par
Tire——'——!-—-5
Lehigh; Portland Cement—!
25
:
4% convpreferred———!—100
ILehigh Valley RR— ———50
Lehigh Valley Coal
—-No par
6% conv preferred
.-50

.'Lane

-Lee Rubber &

(The)—
-1
Corp——1—^--5

2174

x21

*13 74

13 7a

*1374

1374

*13 74

14

*13%

1374

*13%

1374

13 Va

13%

100

Lehn & Fink Prod

*22

2274

22%

22%

2274

22 74

*22

22 Vs

22 V#

22 %

*21%

2174

500

Lerner

26

25%

26

25

25%

24%

25 74

25 %

2574

4%

474

4%

4 Vs

4%

26

4%

4 74

For footnotes

4 Vs

see

4%

page




1127.

4%

213/«

2134

2b

474

21%

4,400

2674

6,200

4%

5,000

Lehman Corp

Stores Corp—!No

Libbey Owens Ford Gl_
Libby McNeill & Libby

par

—No par
;
7

i

6

27.

3; May 26
Apr IT
May 18

•102

24

0

May 6
2674 Jun -2

,

1

174 Jan
30% Sep
17

'

19% May
22% Apr

4

7% Apr 29
24

11% Jan

2

874 Mar 17
15% Apr

15

18% May 29
274

■

3
5

9

3% Jan 23

•

3

2274 Aug

/

1474 Aug
104 V* Jan

Dec

98%

Dec

Dec

3,

Dec

Dec

274

Mar

3974 July
k."' 1474 July :
38

.3

Jan

374 July
40 Va July

23% Feb
21

26 Vk

Sep

574

'

Feb

Sep

29% Jan

5

:24 :.

Feb

2874 Aug
2974 Jan

17%

13

May

39% May

8

8-'

163/» Aug 24
1074 Aug 24r

2474 Sep
23% Jan

25
9

4

113

Jan

16-

2

4

Jan

26

t

5%

Feb

-17%

Jan

45 Va July

10%

Dec

14 Va

Jan

7

.13

Sep
Sep
Aug

14%

Dec

19 Va

Apr

26 74

Oct

107%

Dec

116 Va

Jan

174 Jan

174 Jan 20

%

Feb

15% Aug 18

2%

Feb

1774 Apr

17

21% Aug 19

117s Apr

24

18

Apr

29

20% Jan

5

xl9

Dec

.

Jan

8% Jan

.106

Dec

174

Aug

x22% Mar

Jun

12

18

Feb

; ii%
\ 25

'

1121% Apr

2

Aug

Mar

0

Dec

7/s May 25
7
8% Jan

4

»:

Jan

27

7

21% Apr

104

2274 Jan

;

■

Jan

Aug

Dec

7 :3074
'•

1274
6

j

Dec

Mar

3 4% Deo

3

10!

;

3

V 121% Mar

974 Dec

20

37% Jan;

274 Feb

95
:

7.

40% Feb " 5

15

29

7% Apr

29 > Jan

A

Mar 31

2 Vs Jun

1274 Mar 10

v

3 8%

12

1474 Sep

.1174 Apr : 9
24% Jun 25

9%
100

24

'Sep

Deo

13%

5

13.

105% Jan

100 '

2

25

11% 'Sep

7

r

474 Jan

Sep

Dec

*116% JUn

24

11% Feb

"

.10% Apr

474

9

Sep

100% Jan
'

7 :3Jan :

974 July

120% Mar ' 3:

2

93% July 23

Kendall Co $5 pt.pfd A-_!„No par

'•'<

200

34%
3

1174

12

33%

24 74

1074
*24

•

200

2 Vs

6

Keisey Hayes Wlfl conv cl A—1
;•
Class B—„!_—
_1

500 3

12%

16

.85

10

Mar 17

274 Jan

preferred!!!:—
KaVser- (JJ & Co_u-L.!———!—5
Keftli-Albee-Orpheum preferred-100

'•

___

Feb

117

5 %<cdnv

■

1 ,400

3,..

40

110 7

12

6

7

J- 5

Kaufmahn Dept Stores—_1„i——1

100

*774';.'774

88

110

'

'

77k
V *80

10
i£.Kan City P-&.L pf ser B
No par
16,000
Kansas City Southern-^—.—No par
1,900 / '•;•'•• 4■%; preferred-—. —i.!-,—— -100
Kalamazoo Stove & Furn—

400

kJJk;./

*122

.

7%

8574

>

5%

12

26%

774

10%

"574

25%

7%
87 Va

*10274: 110

*122..

574

24%

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;

:

t;

5%

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1074
110

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1474

V

87%

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110

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574

-

*2374,,. 24Va
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7 Va

1074

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974

#199

*122

574

.

2774 July

5% Aug
2 % July

14%

24%

14% Aug 31

1174

Dec

14%

22% Sep

15

18%

Dec

27%

26% Sep

8

19%

Dec

5% Jan 20

3%

Dec

Sep
Sept
Nov

Sep
4574 Jan
7%

Jan

Volume

THE COMMERCIAL & FINANCIAL CHRONICLE

Number 4111

156

NEW YORK STOCK
■

-

.

-

RECORD
'

•

.

.

J)

.

LOW AND

Monday

Sept. 2^

Sept. 1!)

f per share

share

*28

28%

*55

57

*58%

174.

*28

55

"28

*55%

58%

"28

"173

-

58%

T-

!

Range Since January 1

STOCK

On

900

' ■■■

%

Series B___
■t Preferred

5

22%

f

'26

*24%
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22%

; *22 V4

.;

24'A

24%

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■'•■■,.32

32%

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;

32%

22 3i

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12

22%

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25

25
32

32%

'

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•

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h:;;t

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32

26%rv- :
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12

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VVV

*-22% >22% <•

600

"13%

12%

-

1,100

>

Lima Locomotive Wks:

1,700

;
-

Link Belt Co—i

12%,

-

•

18%

43

35%

19 y#

>:187A

19,%

19%

::v 19%

42%

42%-

V

42%

43 VB

42%

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35

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17 V#

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11

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18

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129

29 Va

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r'"*

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12%

200
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2,200

8,700

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12

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108 Va

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62

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26

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67%

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r,

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15

15

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32

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13A
48
4

Deo

Jan
Jan

22

Sep

74%

7

Nov

6%

200

;

;

4100

•

4V4 %

76%

*118 Va

109

36%;

122

30

>

13%.

,•

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•

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165

-

136%

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165

48

4

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7

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'

1127.

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2?/o
...

7
8

25

:

173a

2

13 Va Aug 28
109

May 20

9% Dec
103

15%

Sep

Sep

11

7 % Jan

1

14

5%

Dec

8%

Sep

5

101%

Apr

109%

Jan

7

5

Dec

108

Jan

7% May
77'

Dec

110

Nov

9% July

2

Mar 24

70% Mar

72

Feb

»

54

32

.

Jan

:2

27 %

May

33%

Oct

3

82

Dec

July

71

f

Aug

5y8 Mar 23

3 Va

Feb

6Ve

Dec

v

26% Mar 24

21%

Feb

29%

Sep

;

31-

24

14

Feb

30%

30 Va Jan

16

24

Dec

37

7 Ve Jan

14

Apr 15
28

Apr.

v

17

Jan

llVa Jan
49
May

'

:

108% Sep

24

105%

T%

38%
125

Dec

•'

1

V Mar

4

52

3% Sep

%

.

1

24

112

■

15%

Oct
Dec

.*

Sep.i8

-12%

Dec

7

77

Feb

10

112

■' Mar

Mar -16

115

Mar

123

108%

Oct

1
July
3% Aug

V

Jan

6

Jan

79% July

Feb

16

110% Jan

Jan
Oct

4%

91

119

Jan

45%

Dec

9%

Jan

v

117% Feb

17%
94

118%

Aug

Sep
Sep
Aug

Jun

113%

Oct

'24%* Dec

39Va

Jan

42 Ve Mar 12

35 Va

Dec

43%

Jan

29% Mar 25

;

21 Ve

Dec

30 Va

Aug

31% Jun

1 4

9% Sep

5%

Dec

12

Jan

30

9%

Dec

17%

Jan

20

18%\May

24 Va

3% Jan

'

25

12% Jan
25% Jan

Vi

20

63
:

7
<0,

-

Feb

l9/4 Jan
6
3% Jan
2
16% May 27

>

Dec

4% July

/

46

74

July

4

9%

5%

6

61?)

4%

Sep

8%

Jan

51%

Jan

19%

Dec

Nov

16

Jan

20

39% Feb

7

5%

2

1%/ Dec

>

-.4

15% Aug
69% Jan

109% Sep

2

/

\

Dec

110% July 20
3 Va Jan 13

Jan

17% July

Dec

Nov

12% Aug 17
% Sep 23

18

30 Va Jun.

Dec

86
34

24

67

2

-

:

Apr
Jan

9%

Mar

17

14

Sep

i

8v

4% Jan-

13

-

Dec

'

47 '

107 % Apr

19

6

2&

23% Jan

May 15

50

Sep

4%

102% July 14
.

Apr 28
-\7,- Jan
2
1% Jan
2
12% Feb 27
May

Sep

17

15% July 23:
6V4 Jan? 2

preferred-—i—_——L100

A

-4%

12%

•>:
*

*136%

15

48

*52

56%

1 %

-14%
32

•;.

48 %.

4 Vu

52%
56%

:

;

.v?-4%=>;-

4%

07 :

-.13 Va

*136%

15 Va

100

10 Va

V:

53

V "■

4%.
10 Vu
53

6%

conv

National

f

400

f >

300 ;;
"

1,600'

'

5,700 /

800*

r

6,700

(

1,200 :
900

V

4,300

r

7%

'.

preferred—

Aviation

,

13

f. 140

preferred—i—

i—10

Nat Distillers Prod———^—Nopar

300 f

27,700

f

V

Nat Enam &

National Gypsum Co——

301 y

:

200

.•

'20

•;

Co

par

1

$4.50 conv preferred_i——No
National Lead

5,900

'

r

Stamping—--No

:

par

1

Dec

200 ;

1

7,500,

National Power & Lt

r

1,600

"

4% ?
10 Va

.-53

54

*53

2.800

,

:

*2%
.,*6% ;
8 Ve

2Ve
7
8 Va

:

900

57

V

.

,;

Jan. 2
Sep 16y
Apr 30;
Jan
9
May 1

Jan

,2

15

5Va
'17 %

•

Feb

26

Sep

•i

4% Jan
,72' Mar
16% Jan

700

-

10

•

800
50Q

2,100

National Oil

Products Co

par:

:

-4

*—..No: par•

Jan
Jan

12%

$2 conv preferred
•'

,

Corp——xY——25
National Supply (The) Pa
—10
5%%

6%..

—40

prior preferred—;

prior

Natomas Co

4

(

9^8 Jun 10;

-

—

45% May 22
51 »; May 19

.No par
-

-100

.jl—-100

preferred

National Tea Co

Nchi Corp

May 14

v:
.

2% Mar 30
6% Apr 28

No

par

No par r

5% Mar

7

9%
;

12%
■

Dec

Jan

.16%

Jun

3%

Apr

14% July
•11

Sep
Sep

8

7Va - Feb

10 Ve

;

Apr

25%

Sep
Sep

20?;8

Sep

'.' 3%

Dec

.58%

Dec

.17

:

17%

Jan

93%

Jan

19'A

Sep

160%

Dec

176

Jan

Nov

154

Jan

Dec

24

Ju„

Feb

36

14 Ve
26

20
.

Dec

8%
,

138

Mar 17,
Jan

.•

12 %

12

35

43% May 28

17% Jan

Dec

-

V/g: Dec

7

3% Jan

Dec

10

x

29;;

lVa Apr. 16

Dec

3%

:■

Dec

Jan

,

Sep

175%

,11

Jan

:

Jan

1
3

146

2

9

11

18'A

5,

;

168-;

13% July

Jan

7%'Jan

Dec

15

Mar 17

:;29% Apr 28

Sep

23%
:

160% May

9% Aug 21
25% Aug 22

;

Dec

23 Va

6%- Dec

17

May" 6
■

5 Vu

15% Aug 25

/16 Vz Apr

Dec

13%

;

25y

5% Sep

Dec

2%

5% July

Jan

>

.6

Jan

Dec

Dec

■

13%
:.

6
19
14

9 Vu Jan

25

129

Jan

166% Jan

Apr, 24;
Mar 17

8% Jan

1%

14%

5

18:
Jan
54 V* Jun - 9
7% Jun 11

16'

,

2

3% Apr 28;

60

/ 145

National-Steel

*10'%

:%

x

:'v 3

-

>'

49% > 48 Va

33A Jan

-100

Nat Mall & St'l Cast Co—1.N0

1,100

32

i?u" :2

32

5
ly

.12'/« Apr: 23

^.100
v

V

5

llT/e Apr

—10

——

7% preferred Av—,—^
G?c preferred B

May
May

11
6%
.'■12%
4%
8%
V; 17%
: :14%

Nat Dairy Products—^^.—.Na par
National Dept Stores_w—i—No par

6%

24% Feb

;

24>

f f 6% May 18;

-100

preferred—v—:

Apr

Y; ? 5% Jan

10

—10

Nat Bond & Share Corp.,±~No par ;National Can Corp
—10
Nat. Cash Register———2—No par
: National? Cylinder Gas Co_i.——l

.

3

;

Corp-v———5

Biscuit Co—,'—-

3 Vu July 14
6Vu Aug 22

;

13% May 26

1

"

c

139

4 %•*

'

v >

Acme. Co

National

15%> 15 >/2 * '

32:..-- '- ,;

48%

43e

—1

100

Nat Automotive Fibres Inc

7,900 V

67% (

•*

t;vV....13 .;]* 13 Ve
Pr.* 1651:165

138

1% ' n7« >-48 Va

4Vg
10

16

69%;,;-:,.

164 ('•*. 172 ^

■

32

1%

?-•,
-

57/e

-—5

National

*9 Va

Yr 9%
V25Va'-: 25%

.Nopar

'

"

>5.^8 Y;

9%

Liquidating Co

3,300

■

17%'

15.Ve*" 15%

>;

Nabco

Nash-Kelvinator 'Corp_i.>—
Nash Chatt & St. Louis—

r

159

\'

'

.

7%;

%^;25%-;;5-

*67%

12%

:

15,Va

4%

*30

4

57

9%

67

*14%

-

10

52%

v

172

4 Vu

52%

Sep

66

$7 preferred

1,300

*14%v 14% (

0-; 5% >?■ 5%n>.

9%

138

10%

*54

*6?

12%

1%

10%

5

'162%

14%

48

.V5%

"136%

-

32

-1%

37%

110'

:

,,-1

2,300
•

'*4%?' ;;4-%:„;:

15%^"15%5(,^

3%.
67

136%

14%

7




3%
67

23A

page

15 ;;•
:

V

";'T%'>;>;

;

;25V«,. ?5%„
*14%:
15%

14%

07

7

see

7

%-;'••;;

4%

17%;

'

25%
■

;>

V, 17

*9 Ve

2%

footnotes

"4

14

4Va

-

*5%

12%
-

"i4

4%;
17

5%

3%
;

57

a

158

9%

•

160

>

*M "

-15 Va

25

r

7-%%.' '7%
Y:-j5%>r:15%

•

5%

7

10'A

7%

:77

7

July

Dec

24 Va Apr

>■

v

Murray Corp of America,—.
10
Myers (F E) & Bro
-No par

13,400 ;•

,

•156

4%

15,

53

7%

15

16%

7

400

••

;-7%r-.

7 Va
'

;V

4%

-•

'

*9%

4 Ve

*52%

14

3-

-6V«f

23
23
16%>17 % (
>•3%;
.3?u;

*7 ••;•,

•7%

*30
e

''"3

15 Vu

156 •>■ 158

-

Nov

.26%

20 Va Aug 2T
' 2
Sep: 11

4%%

Jan

Aug

'

7%

14%

;;

1?

*55

:

3,500

3%

*7

7%

15 -f;

57

5%- -;-5% f,
*33% -35'441

6

16?'H

165 :-••>-

*55%

100

25%

16

34%

9% Apr 23

600

Dec

Jun

May 11

J

■

200

16%

3%

.

;

>;

i_;
;
No par
Munsingwear In©—„——No par
Murphy Co (Q O^—.—.^LiNo par

<

13%

16

9 Ve

Mullins'Mfg Co class Bi.—'<■

310

23 %>

16%

136%

4%

1,600

109 Vu

Dec

>115
May 1
preferred: series-C—-—No- par
102 % Apr 28
VMontg Ward So Go Inc—.—No- par 4: 23"% Apr 24Morrell (J) & Co,——No par
36
Aug 26;

>"

5656

-

Dec

Feb

6

par

Mueller Brass Co_,-___—

May

12%
103%

28

$4

600

14 Va

6
6

Feb

'"■>7; 8%

par

•

Dec

Jan

8

>12% Mar 12

Motor Products Corpj—-—No par
Motor -Wheel Corp,—'.
—5

>'

8

Jan

107

Dec

3

5

Morris St Essex_iJ,—,L_—,-50

*

48,

*10

22 ••••

90

Apr

21

-10

-

200

'

6

*23'

.12%

10

-

Co

3,300

'

3%

5%

3%

53

13,000

36

Chemical

28

Sep

2%
28

20

Power

preferred—-J—.——No

56%

15%' Dec

Aug

wlOO ,•» 103 V2 Jan

Preferred series B-U-i——No

;?

30 %V 31

4*33 P&

v.; $4.50

Dec

Aug

22V4Jun 24

10-

1,310

-9%
*

.

120 1

•:'>.i2

*21%

Monsanto

3# 20

118 Va 1119%

:
-

Y

Mission

500

«"-.

—4 l3%r>13% X
*56 '•:.-57%:i;>
>109% 109%

*2?e

32

48

'76

•

4l09ry:109,"?'

*33 >•■>•38"** v

•

15% V

13A

ll9%

•30V4;30

:

36.

>

25 >A

•

,76
♦

Dec

1

Sep

176

20

4Va Jan

—.

4 115%, 115%

-*108%' 109

'30%

*33

-

*118 Va

-

109

.

76 Va

--"^115 %vll6

116%

Jun

40'/8

6

Sep

31%

17

Sep 17
20% Jun 27

Corp—-!
—10
8,200 ;
Mo-Kan-Texas RR
L..Na par
24.100 V
7% preferred series A
;
5.100
;
600
•Mohawk Carpet Mills— ^—.—20

15% £15%

-

28

Apr

,-100
»xl07% May 19
Impl
1
>
1% May 21
$6.50 preferred-—.•*—Nonpar-:X' 57'/a Jun 26

>

•

700

3%;:';<3%

;•■

i

9%

,

%

200

ll%;vn%
*4
* *'V'%

7

2r

Mar

1

preferred series C

Moline

171

108% Jan

16 Ve May 18

Minn

Jan

90 Ve Jan

88 Vt Apr 30
V 35 Va Janv 2

11143

Jan

25

5Va Jun

—_5 ; 4

4%> conv pfd series B_;

.28 Va

Sep

Prod————No par

v

Sep

May

Jan

8% cum 1st preferred—
1100
Minn-Honeywell Regu__
No; par
>

Jan

<17%

-19

12

101

■<.

:

11%

Dec

Jan

114

9%- Jan

—5

Petroleum—'

Dec

Sep

6

28

-t

—50

;—

Jan

6% Jan

'

1,500 i

4*

11%

Co

5 'A

12%

Mar

14

—1

Copper.^—-;—

Midland Steel

180 f

?

Machine

1% May

Dec

Dec

2

9'I

Co—i—No par

Min Trans

&

Jan

.

3%

10
May 12
99% Aug 21

;

Sep

aL

2%

s

32%

18

7

i

16%

Dec

Jun.

Aug

1st: preferred^—

Apr

3%

46% Jan
1% Sep

76

65

(The)

Aug

12%

11

J,-

;60

Co

Dec

7%

X20%

176

Apr 29
IV4 Jan
5

A..i.—No par

conv

4%

Dec

6 Va Jan

•

6

S6 preferred series

Feb

26Ve Jan

31

100

—

1%

Dec

—1

.............

4Mid-Continent

1,800 '■

1

July

Dec

Dec

5V#

10% Sep
12% Jan

•

>

8

Miami

•1,100

5

31

19%
;

May

Apr

;-Mesta

4

100

31

Aug

24 Va

Jan

Merch

300

1% Jan
3% Jan

Sep

14%

21%

6

5%

1,700

26

29%

24 Va Jan

94

Mengel

i

163b Jan

Dec

29 Va Jan

100

•

10,500

?

*4. 15%.;i5%;"-i

*115%

1

15

Jan

'Feb

11

'•,27% Feb

$5.50 pfd ser B w w ......No par
Melville Shoe Corp—j
L
1

280

:

30

6 V* Jan

Jan

138

35%

1
Aug 31

18

preferred

4

No par

4

f

5,000
>;

Corp

:

1.200

5% :-'•- 5% ;'

*109

-

11%

76

•

'

i

conv

Mead

50

.

28

4% Jan
1

31%

Dec

Apr

19 Va July 28
162
Apr 20

5

Co

17 V4

-27% Jan

par

McKesson & Robbins Inc.
Stores

5

22

2

19

.....No par

preferred—

23%

22% May

I

McLellan

19

13% Sep: 24.;

Mclntyre Porcupine Mines,.

*105Va' 107;

--*2% 4. -2%

7

10

For

:

300
•

'*57.-4:?. ' 60 >4

v

15%

*52

*7%

McGraw-Hill Pub Co.

5J/4%

6%

.4.19 % 4 20

2%

••

67%

>,12%

*143e

4

Sep

19%
'

Feb

X32

4

3Vb Sep-

100

t

Nv46%4.47 P'l

j

preferred

conv

2,300

6%

-16%--16%

5%
9%

..

.■(.

48

19

162

Dec

13% Jan

4

4% Jan

par

McGraw Elec Co—

6,800

3%

30%

*33

,

4%

15 Vu

37H.V:

*1%

•2,

-

>*15%

109.

17

*6?e

■

',

15'A

12%

15

60

21% Jan

2

par

preferred——No

•

-

.14%

*4% ;.

25 Vu

•

•

2

-

8% Apr 17*
17V4May20

"
>

—10
...No

2,500

*27 Va
28%
44 5%;^5%;

4

•47

ii!

76.

"

*65%

15%

122

7%

17

97/u

•

Dec

27

% Mar 27

No par
I

May

2% Jun

Stores Corp___ ——L—1
McCrory Stores Corp—
1

:

30% :.-31-4%

58%;
12

-

159 V#

5% V:

*14%

12%
108

5-.

>

100.4

109Ill

%

'

•

116%

8

:•

•: *14. ••

4%

.25%

%

*118 Va

15% y-

,*155 v

-

17

5%

11%

..*75%

16%
3?u

15

vl4%'^7%

*56%

"115%
.

23

.7%

.

as:-

*9-%

*

-

-

-

U%

■■.-1:2%.;, 13%'

6--

*3%

V. Y 73/4- V
7 Vu
IV*

-15% ,15%
.-.

111

-

58%

.

3%

16%

16%

>

-.2

35

23

*7

"67,«

Dec

12

11% May 18*

—100

;—

May

5

—„1
No

1,100

33%

*26 '•'•>••27% a

*105%-107

-

'

5V4

>.*3:34.;

23

17

*108%

-

-

13%

5%

*4%

V

2

107.

56

-

'

2%

*2?«

*14

*105%

12

109 Ve

6

15

8l

Oct

45% July
3% Dec

Jan

12%

Sep

39%

'

Jan

2% May 22

par

—

Wks

preferred
cum

20

-NO' par
-

Alkali

par
•—1

...No

300

7
,

$3

;

McCall

101%

•.'.=•>

1.9%

99%

9%

*13Va

*22%

•

111

i

19-:-:

57

3

■

'

v

Corp—

900

16%

46 %J

4614

,,

'

"SfVa

5?u

*155

13%

142%

31%

Dec

■

35% Jan

131
-

10!4 Aug 25V

5

Co_—

preferred

6%

•-.:.*58'%'y 61: ,?'.•■■•>
>•; 23%
23% v '

•

31

16-%

19

4 45%

61 *-

27:%
5% 4 5%

99% -i 99%-

<

-

*108%

'

*108%

35

4

1,300 ;

*64% 5 66"'

27%

V

'

22%

*51

*2?u

-ii

1,300

" *6 %

:

-5% '-< •..

-

30%

12

56 Va

109%

*16%

;

■£

par

Co—...—.No

L)

Corpi^--:

S6 1st

:

y';

•»

y-Y 26% V 26% ^

17%
;

*11%

.*

55

"33

107

*15%

429% .30%;
36%
*33'/4

9 Vu

*51

*5%-;:

5%
- -

.

16%

*18%

4

45%

11%

-76,;>.

2Va 7

22%

108%

16%

-"

58%

5%.' ' 5%;

58%

..,76;

12

*55

"28

66

"

•

*118% 122
'•109 4 109

16%

8%

;

11%

6%

v

23„- >23%

30 Va

*27Va

18 Va
100

2

s

26%

29%

5 Va-"

*108%

*115%, 116'%

36 Va

16?u
*11%

26%

16Va

' 45 %

15%

77

109

-

20

*96%

6%
^

*64 Va

>.

:

5%

K "99
%

2

2%
4 .15%

121

'•

23% Jan

—1

Maytag Co—
>

103

12%
'104

6V4

23%
5% :.E 5%

27%

••'"; 18%

59 Va

11%"
% '

"115% .117;v
*108%

60

29

27%

*105 Va

t *11%:
'v.; •%

•15% ; 15%
-

12 Va

-

•'

12a-J

•

33%

101%

23%

5%

4;: 16

110%

*'584 V

s

'4 2% 4 2%
"75%.

>1

25

May Department Stores

600

1

v

11%

"118.%

60

26%

;

107.;.

*105%

%
•

V:

•

W.'\

45

2Va
59

*11% ;

".:

No

&

Mathieson

900

19% ; 19%

>

,

108

6»A

65

24

I 28 %

i

5Va

'45

110 Va

•

4

33

,

*96%

6%

65

5%

16- 4,

16

1100

45 '

2 Vis

15V« Apr

Apr 27
27% Aug
3
17%; Apr 30

1

—

Master Elec Co

1,000

1%-

-11%;

7

6V4

*6%
"

65%

26%

4 ;i8% •18% :
v ; IOO p

100 >i,
-

"108%

39

*11 Va

7

104 %

101%

61

24'
v :

29

.

f

-61

.

29%

*27%

■•V

-

%

26

%•

;

5%

100

87

,

'

65%

>:

5 Vu

27%

;

,,v

>16%

13 %

25

,

5%i

26%

"16-

61"

25

Ve

28

Masonite

'

6%

='."5%

,

:

6%

28

39

*101%

19%

12%

12%

*96%

27

"

*12%
*106

6%

5

11% :

11 %
11%
*101%. 103 u4

'

32%

101 Va

■26%

.

11 Va

32%

32%

*6 Va

66

87->.

.*6%

32%

4

87

>;. 7%

*96 V4

;

1%

:

26

6% pr preferred—100

Field

(Glenn

Martin-Parry
-■

7%

4

*6%

6Va

"24

v

11%
103

Marshall

500

13%

4: 19%

101%

"60

30

18 V4 Jan

124

.—10

Co

300

1%

19%

6%

"6%

*5

'

Martin

2,300
-

24%

4 13%

6%

32%

19

-

1%

19 V*

6%

19

*23%

39

19%

'

;

11%
*101%

108%

*104

12

Market St Ry

2,200

.13%

*85%

.

•

•

4,600

27

Copper_^___^__

Marine

890

9%
21%

n%
.

87

*96%

*65%

«6

Jan

76% Jan

;

No par

Maracaibo Oil Exploration,
Midland Corp.—^

<

7,200

10 >4:

13%

1%

VI#

6

18% Feb
149

Apr
May
Apr

35

*;•'
-

16Va July 29

'

Mar 30'

24

9

par

Manhattan Shirt——

.

*163%

39

39
13 Va

101 Va

*96%

4% Jan

2

—.No-par

;

Bros__i

r;

1%

-10

.

Co Inc—L—

Madison Sq Garden

Magma

3%

>

*163%

*11%

103

*19 :

33

19%
24

*85%

11%

*101 Va

19%
7%

19%
24

1%

12

103

*32 %

108

6%

*11 %

*6%

33

e106

11%

•101 Va

19%

.

Macy (R H)

Manati

26%

3%
27%

24

„

13%

87

v.;.. 11%

26%

38%

13%

*87 Va

11%

103

38%
V 2

87,,:

11%

"6%

28

.55% Sep

wlOO

1,000

9%
'

•

Forbesi.

&

preferred

16,900

■.

;

21%

26 V2

3%. v 3%-;

■

6%

;

.V:

3

9%

22'

21%

'

*163%

38%

=

87

19
•

38%

*13%

1%

"13%

"11%

M2% Jan

Jan

13% July
16% Jan

'

Apr

19 Va
28

Jan

37%

Dec

13"

6

30

May

9%

U

•

Deo

X29
-

;3

45 Va Aug

••'•.

Tl% Apr

100

Mack Trucks Inc'__l.No

600

13%

2%

.

10%

9%

21%

26 Va

*163%

MacAndrews

:

2,000 '

10%
23 %

9 %

*19

24%

-

*101%

10

>24% Jan

Dec

x20%

21

Mar 13

2,100
•

23 %

10

20%

*23%

21-

"11%

Jan

Va Apr 29

»

19%

■

10%

-

>v3';;v:;

9%

20%

9

100

!,:

23 %

"

13%

2%

9%

20 3#

3% ■;<

19%

•

29%

"lVo

■■■■>3;,. m-A
10

19%

3 Va

6*

*12%

26%

"

*19%

"85%

4'

32% Feb

Jun

17%

•

130 iv1

'29%

22%

n

20%

;

26%

*38?#

15

174

c-

i

,

*10%

-

:

*5%

13%

18

*124

29%

.4

11

.

V 29 Va

-

22 Va

,.4 3%

.

130

*17."

.

■

*23%

Jun

27

11

•■■

22

•

*8%

;

*20%

"165%

Jan

21

6

>2

'

f
4

18

*126

129

% 29 Va 19%
20%-

*10%

6

*12%

2%

9?'«

l'A

11

*17%

-

29

21%

""' Y ;.v- *5%

6

"124

29%

•;

18

*17,%.

:

v

*21%

>

*12
2%

-

*17%

"10%
V V/.

3?'#
;■

'

l 129

"

29 V#

! *19% "20

22

*5%

124

'

K

18

? *17%

v

29'A

*21%

Jan

189

Jan

lit C
'

17 V#

Jan

98

22% Sep

'

31 Va Jun: 16

2% Mar

Jan

96 Va

Nov

'34

2

128

Louisville & Nashville—^—

1,500

;

Jan

39

Dec

64%

•V 12% Sep
15V2 Jan

-

11% May
1
14% May 20.
37

Co—J—,r.r——10

(P)

V I 7%

30

> •>■;■600

60 Va.

60,v.

,

..

:

Nov

64 V»

5

175•

2;

preferred
1
100
Louisville Gas & El A—'...No par

Lorillard

2,600
,

9% Jan

Long Bell Lumber A.x——.No par
Loose-Wiles Biscuit—s._25

-■

142 .: 142

145

25% May 21

32 Va

'

12

>

23*

22 Va Jum

par

Inc—__i—•„1—;—No- par
Lone Star Cement Corp—_—No par

-

.

"17%

15%

15

14%

"3%

3 %'
17%

*140

140%

143'#

I

I

15%

,

140

"

.v.'-.;

15

:

15 :

•;
:'

■

*3% %

17%

17%

17%

15%
140

•

No par
—No

Loew's

,

•

3

*138%

,

.

"

3 %

*14'

•

i-lS'/u-'y

*42%

!

—

Refining Go.i,-,-—Wo par
Liquid Carbonic Oorpi._a—No- par
Lockheed Aircraft Corp——
—1

3-

I per share

74% Jan

16% Apr- 14

Lion Oil

Higheat

I pet share

73 Va Jan

*

164 Va Apr 16-

par

'Jan

33

18

50% Apr 29

..No

Year 1941

Lowest

,1 per share;

Mar 13

50 Va Apr

Range for Previous

Lota

Highest

ul00

i-a—,

Lily Tulip Cup Corp-^^a

:12% 412% 1 ; 300
14 %>'•' % 14% >14% ^y. v. 14% ft 14 %'.V
1,200
21 Vie ■>'
20% 4:21% ;:
21%.;- % 21
18,000
-,*3%~" > 43 % v43%-;V; ./ 43% 444 J ' y
3,900
35 ••
:
35% ■'35%;%;
35 % >35% 1;
1,800
•'>'"
3%
"3%
-3%
200
3 V4 V ■v
17%'.;; r> 17% -17%/;- >17%
•4'17.%; • i;. 1,200
12%

.

100-Share

i_25

'

*22 Vu

20

,-25
j.

;

—_f.

of

i per share

Par

'■

:

Liggett is Myers Tobacco-„

110

Basis

Lowest

"

■;

1,800

>

174-•

YORK

EXCHANGE

Life Savers Corp

1

58%

-

172 %

•'

Shares

•w

56% V 56 'A

"

v.

NEW

the AVeek

i

-

28%

•

for

Salea

-

share

per

"28

•

58 Tii
-174

•

Friday

$

56%

58%

59%
174

>

Sept. 25

28'A

55 %

58%

*58%
*172

174

-

i: t per share

28%

>'

V

Sept. 24

I per share

55

583/4

*171%

,.

Thursday

Sept. 23.

;

28%

55

58%
58%
*171%: 174

STOCKS

Wednesday

$ per share

28%

V;.' 55

60

*171 Va

*28

>

PRICES

SALE

Tuesday

Sept. 2!

Saturday
f per

HIGH

1123

2'%

5

53 Va Feb

;5

42

Dec
Dec
Dec

Dec

7% Mar
68 Va

Jan

7% July

6% Jan

28

4

% 16% Feb
Feb
-■( 63

25

8

6

41

Feb

5

43

Feb

75%

Sep

2

Dec

5

Feb

8 Va

Dec

11%

Oct

6%

Dec

9%

Apr

:

'.

70

3% Jun , 6
9Vu Feb
6
8Ve Sep 25

Va

Feb
Feb

16%
68

Nov

Sep

'

'

THE COMMERCIAL & FINANCIAL CHRONICLE

1124

S

I per share
15

*74

76

*35

37

*74

241/2

./■

*14 Mb

15

*14%

15

76

*74

76

*74

77M4

75

*35%

38

*35 Ma

38

*35 Ms

38

36

25%

25

25

7%

7 Ma

7 Ms

7%

/
.

25 Vi

7 MB

25 Mi

73A

25 Mi
■

.

109 Ma

>108

109 Ms

*108

109 Ma

*108

7 Mb

'

"20

3 6 MB

100

109 Va

20

25 74

8

8

11

100-Share

1,600
4.300

Newport Industries

2,400

Range for Previous

Lots

t

share

per

S per

share

5

14 y2 Feb

27

75% Sep

15

35 74 Sep

9

Jan

Apr

104

27

Highest

•

'

22 Ma Apr

17

30.1/2 Feb

105

28

11 Mi Jan

12

17% Sep

12

25Ma Jan

2

98'/, Sep

22

109'% Jan

9

23 mb May 21

32 mi Feb

5

Jan

27

„

2274

share
July

17

Dec

79 Va

Nov

Dec

45 Mb

69% July
313/i Dec

16

7 Mi Apr

t per

share

10 Mi

109 Ma July 27

MarlO

—1

—

Year 1941

Lowest

Highest

28

—No par
5% preferred series A__
—100
Newmont Mining Corp_
i.
10
(J J)

Newberry Co

of

70% May 26

serial preferred—100

conv

8%

>108

25 Mi

43A%

25 Mb

MB

$ per

;—1

Neisner Bros Inc

75

Basis

Lowest
Par

15 Mi

>14 Mi

15

*74'

Range Since January 1
On

STOCK

YORK

EXCHANGE

Shares

share

per

*14 MB

108

"24

7M4

I

share

per

38

,■

108

24 Ma

7Ma

$

share

per

15

,*35Mt

109M2

109M2

*

share

per

NEW

Sales for
the Week

76

14 Mi

*141/4

$

share

per

Friday

Sept. 24

Sept. 23

Sept. 22

Sept. 25

Thursday

Tuesday

Sept. 'IY

Sept. I!)

STOCKS

HIGH SALE PRICES
Wednesday

LOW AND

Monday

Saturday

Monday, September 28, 1942

Jan

110

Jan

•

Apr

313/4

Jan

5%. Apr

11Mb

Aug

'

.'■■■!

*18

18%

17%

17%

*98 Vi

99%

*98'/4

99 Ms

98 %

98 Ma

*98

98 Vis

98%

*98

98 Ma

200

N'port News Ship St Dr Dock
1
$5 conv preferred
—No par

*28 %

29 7 B

*29

29 MB

*28 Ma

29%

*28 Ma

29 Mb

29%

29%

*2874

29 Mb

200

New

York Air

Brake—.a—No

pur

9%

9%

"9 Ms

9%

A 9%

9%

9 Mb

38,800

New

York Central———--No

par

17Mi

■"

9

9%

M

.9;

18

9

.)%Y 9'/a

18 VB

173/4

17M4

12%

12 Mi

13

13 Mi

38%

38 3A

39%

39 aA

14%

14

14 Va

14 Mi

14 Ma

*4 Mb

4 Mi

4%

4%

4Mb

41 mi

41%

*14 74

4Mb

12Mi

*38

>

5

5 y4

*12 Ms

14

14

14

67

*63

66

*63

66

*63

90

*83

90

*83

90

*84

90

30 Ms

31

*4Ma.

■>

*84

63

31

0.7
liv

a

%

.

*%

.

,*19

*113 Ms

,115

7%

7

%

*45'A
11 Ma

46

*45 Ma

46

453A

45 3A

*45 Ms

11%

11Mb

11

11 Ms

12

*90 MB

92

*90 Ma

92

91 Ma

6%

6 Ma

2%

*23A

11 Mi

>11%
>37 Ms

37%

2%

2Mb

2Mb

*33

343A

34s,b

107%

107'/a;

170

11%',

1,200

343,8

*31

*31Ma

*7 MB

Feb

18

110

Jun

2

274 Sep

23

Jan

14

Sep

25

i'«

30Mi Jan

2

23%

29

19

tNor States Pow $5 pfd_:

8

Feb

10% Jan

5

9'/a

Dec

52 mb Jan

26

50%

;

Apr 29

53

Jan

27

14

Jan
Jan

31

Jan

HOM2 Sep

9

100

Apr

: 96

2

8 % Apr

14

27

Feb

18

20

50

—r;—

Mar

2

274 Sep

29

Jan

35

Sep

323/i Jan
Jan

215

:

II9M2
•

Oct

Jan

Apr

58 M4

Jan

Dec

57%; Jan

Dec

93

/

Jan

Sep

7%

M, 34

Dec

8%

Aug

Dec

107

6

17%
98

July

3M4

18

lOMtJan

Feb

Mi

•

17%

113%

Nov

-14

.Oct

Jun

.■1

40 V*

Jan

14

33Mi Sep

J

14

634 Apr

1

1274 Aug 18
38

20

7 Mi Sep

;

7

2

Aug

tv Oct
1%

10 Ma

27

41/2 Jan

31 Ma Apr
1
Jan

—

;
.

50'/a

6

25

par

No

Lines

60

•

•

Feb

Apr

Norwich Pharmacal Co—2.50

300

Dec

109

Telegraph—50

Air

Preferred

•

179%

23

974 May 21
8572 Apr 14

Norwalk Tire & Rubber—j— No par

30

14

Sep

39

No par

800

34

Jan

116

39

—1

Northwestern

7

192

6% Mar 31

Co__———50
—-100

Northern Pacific Ry_
Northwest

115

•

Jan

Dec

23 Mi Jan

Mar 26

Mar 10

j".

Oct

;

112

.

Dec

15% Apr

Sep

18

■

Oct

3

19

-10

—

Jan

Jun

%

.'A

Inc.——5

220

A

<

iV Jan

•

54

Jan

8

.■>

42% Dec

% Jan

Northern Central Ry

2 Mi

8

8Mb

8Mb

8Mb

,

.

109

39a

American Aviation:—

North

6,200

.>

38

2%

May 20

Aug

24 Mi

Dec

26

—.—50
preferred series.;.
50

5%%

25.400

2%

106%

27

'

8

8

8

6M4,

2% •'

6

Jan

preferred series

6%

300
:

'

33

33

91

6M4

38

Feb

474 May

% Jan

North American Co

100

Mi

*90%

'11%

110

80

Shipbldg Corp part stk—_1

Adjust 4%

25,100

6%

38

May 22

108

12

*37%

Apr

143

46

11%11%

11%

36 Ma

2%

2MB

i

8

100

107%

107%

36 Ms

11

*73/4

107 3/8

11 Ms

36%

8%

107 Mb

5

—100

11%

;

Ma Feb

preferred——

91 /'

6V3

109 Mi

108

11 *

*33:

6%

15

tNorfolk & Western Ry—a

*45'/a

*90 Ma

6 Ma

15

Noblitt-Sparks Indus

12%

12

6 Ms

6 Va

,

110

110

*35'/a

*7%

46%

46

45%

3/s

8 Mi

*45

*45

*90

34

8

48%

46

ii

*33

8

7%

23

610

20

183/4 Aug
47'/4

Jan

200

"

Dec

6

-

Jan

15% Jan

•

Dec

3

N

162

8 Mi

15

1,300

118

Ma

*45

46

:':39Ms

2%

160 Mi
115

Ms

7

11%
1

160

118

25

3*3 Jan

4,000

20 Va *

20%

20

160

6

12

61-

Conv

Y

103/i

Feb

1574 Jan

May 25

July

45

Feb

6

51

-

Jan

116

'Dec

27% Sep

Hi

23

'?

100

—,

mi

iV
22M|

*115

Ms

116

7 Mi

%

7

Ry Co——100

tN Y N H <fc Hartford

10,700

A>

2

17 Va Feb

27M'4

Dec
Dec

2

12M4 Apr

——50

preferred—
100
IN Y Ontario & Western—100

2%

11

1

26

Jun

•1,4,

par

—50

preferred

non-cum

N Y Lack & West

220

4,800

JA

2%

227a

20

10 %

29% *

%

.

2%
A

22

20

46

*45

,*90
.91 Vis
6%
6'A
*110
111
*36

>>:%'

45%

11%

>10%

%

'

160

116

73A

2Mb

22%

158

115

7 Mt

>

*19 Ma

161

*113

7%

"US'

21%

20

161

115

7%

'45
45%

*45

*19 Ms

162

*113 Ms

)"«'

Ma

11% Jun

10

19%

106 Mb Mar

lOMiJan

>—No par

NY & Harlem RR Co_

60

1

29

30
\

2%

2%

21 Ma

-'*21

20

161

2 Mb

M4

%
2 HA

19 Mi

162 Mi

,

2Mb

21 Vi

29%

31%

30 Ms

%

2y8

162'/2

*19

31%

Va

>>%
21%

*21.

.

30 Ms

Ms

2

2

:2

x

Dock———;—'—No

York

/A- 5% preferred

1,400

,

90

63

'

31

>

143A f

New

24

36

_100

nyc Omnibus Corp—-4—_Nq par

800

A

5%,

preferred series A—,

6%

800

A

,

>6Mi Jun

100

N Y Chic & St. Louis Co——

1,000

7,700

(

14%-,

>14 Mi

65 Mi

*82'A

90

A

"

15

14%

14

*63

Mi

66

*82%

4MB

13'A

*12 Ms

*12% .14
66

*4 Ma

,

13 3/a

41%
14M4

13%

41

14%

*14 Mi

13%

38%

14 Mi

1374

40Mb

*12 A

39

14 3i

*12%

18 Mb

18 Ma

18%

*98

Dec

21

»

.

Nov

23/4

Jan

27% July

Dec

I 7% Dec

Feb

13M4

O
8%

8%

8Mb

8%

*23 Ma

23 Mi

*233A

8Mb t

23%

3 Ma

.

48 Ma

23 Ma

*22 Mi

23 Mb

%

50

*44 Ma

8 Ma

*8

8 3,8

*5 MB

6 MI

6

'•*22%' v23%

■>

,.•!

27 Va

V

v

100

*44%

47 %

*44 Ma

47

49

Ma

15

*14 Mi

15

17%

17 Mb

17

Ma

19 Mb

19

Mb

19Mi

*27 Va

27%

27

Ma

27. Vis

,27 Ma

16%

16Mb

16Mb

A 16%

81 Ma

83

83

*142

*142

143

28

143

A'

1st

380

2d

18

200

Pacific

Finance

2,400

Pacific

Gas

28 Mi

28

900

Pacific

:

•

MB

•

1,500

Pacific
Pacific

143

143

10

8%

n
tl

.J

2 MB

2%

2

GMi

*6 %

6 Ma

*6

2 Ms

2 Mi

2%

2'A

2Mb

2 Mi

18%

18 Ma

185B

18%

7%

7 Mb

2

2%

2Mb

2Mb

2 Ml

f

6 Mb

6 Mi

*6 Mi

6 '/2

'

2 Mi

18 Mb

*7 Ma

.

"

6 Mb

2Mb

2%

*2

26%

26

48

Mar 28

45%

Dec

56Ma

Oct

43% Apr 25

54

Jan

383/4 May

52%

Dec

6% Mar 27

8Mb Jan 27

12%

Sep

4.4 Apr

6mb Sep

42

par

Jun

16

Apr

9»/4 Apr

27

par

13% Jan

27

18:l 8

18 Mi

73a

.

103 %

104

*103%
1%

104

2%

238

2 Vi

2%

•18 J,4

19%

2 MB

'28 3/4

*28'A

104

1%

.

19

,•'

15 MB

16 %.

19Vi

-

-

500
.

*114 Ma. 116

114%

115%.

1141/4

*14%

15 Mi

*14 Ma

IV4

1%

*1 Va

23 Mi

13 Ma

in

la

*19 Mb
*54

55

*72

*
,

Packard

22.900

Pan

Motor

Apr

7Mi Nov

;•• May
4Mi Apr

16

25Mi Nov

16

Nov

15 Ma

4

6 Mb

Dec

11 %

Jan

Jan

15

17 Ml

Dec

28Ma

Jan

31"

Jan

17

26'/a

Dec

40 v* ' Jan

18 74 Feb

25

11

Feb

17mb Sep
;

3

74

Apr

25

101

Jan

Apr

4

148

Jan

7

95

2

121

193/4 Aug

Dec

147'/a

126

Apr

163

8

VA

574 Jan

2

6

Ma Aug 31

4%

Dec

—No par

174 Jan

2

2M? Jan

6

1Mb

Dec

—5
;-5

11.% Apr

23

19 »/2 Sep

24

6% July 16

8 Mb Jan

1 mi Mar

1

Car

American Airways Corp

31

*94

96%,:

16%

'Y

HA

'/a

14

ir.
iif

1

Ma

'

'

7 3 Ma

3%

3 Mb

33/4

.

25M4

2% Jan

6

37B

33/1

3 Mi

IMi

800

*12%
*105%
22 Mb

22Mi

22Mi

2 2 Mi

19 3A

19

19

19

19

*18

19 Mi

41

*40

40%

*40 Vi

1Mb

41

4%

*19

41

*39%

2

22%

2

22%
5 Mi

2Mb

2

*2
22 MB

Jail

"

Aug

■■

1,100
790

23 MB

22 Mi

23 Vi

1,090

23

23%

231/4

500

23%

22 Ma

23%

23

4Mi

8%
68 Ma

5 Mb

23 Mb

4Mi

4Mb

5 Mi

5 Mb

5'/»

233/i

2 4 Mi

1,000

>,

237B

25

13,500

35 Ma

35

36

36 Ma

37

1,140

63 Mi

63 Mi

64

64

64

64

110

*8 Mb

8%

8M4

8MB

8 34

8 Mi

68 Ma

68 Ma

68 7is

687a

68%

69Mi

24 Mi

110

1107a

*105

*7 Ma

108

105

103

109

*109

*7 7 a

*68

80

39 Mi

*68

39 Mi

39 Mi

8Mb

*7%
>70

80
40 M 8

40 Mi

9

*67%

9 Mi >

69

;

59 7

*2

2

59%

*57

18'A

*18

*17 MB

18'i

*17Mb

2 3A

*57

a

4"/2

41/2

4 Ma

*35 Mb

36%

*35 Mi

*4M4

5

*4Ma

65

*60

Va

18 MB

8

*37i

18 7 b

18 Mb

18%

*4%

4%

4%

*35 Ma

*60

4MB

*474

65

*60
1

*8

8

175

4

Mi

*140

*165

4

4

*3%

4MB

*41,8

*57

4Mb

*140
175

*lMi

2%
5974

3674

*165

*140

*57

Mi

4

5

65

8

*lMi

5974

357 b

5

*co

;

8 Mi

*8'/4

4

363/4

2
•

*8%

36 M4

*4 7b

4M4

4

Mi

•

8%

>140

*165

175
4

3%

438

4%

4Mb

54Mi

54Mi

54Mi

*541/2

247a

2474

25

25 M4

*62

63

64 MI

*7 Mb

*63 Mb

66

*151 Mi

8 Vi
*~t

54%

*7%

•

*51

8

*15114

Mi

8 74

*15 HA

4

Ma

35M/4

5

2434

*51

35

65

65

24 3 i

19

4%

5

*474
*60

8Mb
—•

,

170

2%

100

8%
*165

4Mb

4 Mi

57

25%
66

66

66

8%

8

43/4

*541/2

25%

*64%
*151%

*8%
*151 'A

9
—

19

700

4Mb

2,400

36 Va

700

574

V

65

100
100

8%

700

4 Mi

57

25
*

25 Mi

64 'A

67

*8'/i

*151%

8%

;

1,660
120
200

__

2%

2ai

~2 7b

*2%

~2 Mi

2%

2%

2 '/a

2M4

2,500

*12 »,4

*12%

12 Mi

■12 Mi

12%

12 Mi

12%

12Ma

12Mi

16,300




1127.

21

Jan

21

34%

Apr

52Mi July

12

11%

Dec

17 %

1083/1

25
preferred—50
No par
Philco
Corp
———
3
Philip Morris & Co Ltd—
10
preferred

Hosiery

.

Flour

Pillsbury

Mills—

Pittsburgh Coal of Pa
6%

Pittsburgh Forgings Co
Pitts Ft Way & Chic Ry Co.

preferred

—

Co

(The)

Dec

41

Dec

60Mi July

24

17

Dec

38

27% Jan

7

21

Jan

2734

Oct

7;. 53/8 Dec

13

6
'

Jan

6

Jan 'V5<*'

'■

11% May

May

7Mi

Apr

43,4

Dec

7Mb

Jan

23 M'«

Dec

35Ma

35 Ma

Dec

47 Mi July

69

Dec

91

10 M4 Jan

7

Jan

6

72

Dec

89 Mb

Sep

107 Ma Mar 23

105

Mar

110 Mi

Dec

7% Jun

3

55'/? Apr

24

May 20
Jun

16

6Ma May 12

75

9

Jan

27

4M4 May

9

Aug

78

Jan

17

5H/4 May

77

July

41M7b Jan

2

353/4

Feb

46 M4

Apr

27

1% Feb

25

2

2

60

July 10

19

Sep

43/4 Sep

3

4M'b July
58

3

May 25

26'/? Apr

24
2

Dec
Feb

52

24

13

Dec

23 Ma

27

6 Mi Jan

17
18
15

Jan

21

64

9% Jan

14

6

371/2 Sep
68

Jun

27

29

Feb

19

165

May 23
37'a Aug 10

175

165

165

4

Mav

2

Mi Feb

13
x

2Mb

July
Jan

734

Jan

Dec

4'/2

Dec

46'/a

Jan

8 3/4

Jan

Dec
Dec

Ma

84

Jan

Dec

15

Jan

Feb

19

163

Aug

166

Feb

25

174

Mar

181

51/4 Jan

14

63/8 J an

5

Jan

6

451/4

Feb

65

,331/2 Jan

3

24Va

Dec

43%

61

Dec

3 '/a July

1%
38Mb

7% Apr

No par

Jan

18

May

May

12%

Sep

30

6

8 V? May

Jan

July

109

65

-1

—No par

43/4

2

30'A July

14

15'/? Jan

Plymouth Oil Co—————_5

Sep
Mi Aug

Dec

14

Pittsburgh Steel Co

Pittston

Dec

18%

30

43

1%

%

9

763/4 Jan

100

100
100

23

%

3 2 Mi Jan

103

-—i
Iron Corp—No par
preferred
No par

preferred

54

40% Jan

Pitts Coke &

$5 conv

Apr
Aug

Jan

1

Apr

25
100
100

—

251/4
25

36 3/4

27

49

98

No par
100
No par
5

preferred—

112% Mar

22% May 21

100

Phillips Petroleum

Dec

Dec

.20

28'% Apr

x

—100

series

series

Dec

Jan

Aug

7'/? Jan 24
7
51% Feb

5
9

17 Mb

3%

Sep

29% Jan

Apr 28

tPhiladelphia Co 6%

Phcenix

2mb Sep

233/s July

28

Phelphs-Dodge Corp../——
$6

3
6

l-> Dec

5

Mar

Dec

Jan
x.

7 46% Jan

5

14 Ma

Sep

20

4

54'/4

Aug

6

5

Jan

1

;

3Mi

27

par

2QMi Jan

1mb Dec

73

30

26

Co———No

;
;

15 > Aug

May 26

—No par
preferred class B
100
5% preferred class A—,
-100
5M2% 1st ser conv pr pfd—-100
Pittsburgh & West Va
100
Pitts Young & Ash Ry 7% pfd—100

10

234

page

Brewing

'

15

24'% Jan

19% Jun

Dec

Jan

Sep

4

108 Ma Feb

% Jan

Jan

89%

723% Jan

15 mb Mar

Oct

2

30%

Dec

80% Jan

•

2

Apr

Dec

18

43 Mi Mar

2

36

Jan

113%

Dec

Dec

Jan

16mb' Dec

9
5

i

16% July

Apr

1,000

12'%

see

Pfeiffer

1

25

18% Jan

Jun

Pitts Screw & Bolt——:

2%

footnotes

par

2,700

4MB

55 V2 Jan

4

of America

Petroleum Corp

7%

170

15

56V? May
1
1% Apr 14

No par

Preferred

59%

Apr

18

Pet Milk Co

1%
3,900

*12%
For

44

36

preferred—^

•'

Apr

207'a Sep

—100

5 Mo

Phillips Jones Corp

8%

*140

4%

25

Ma

1 Va

*57

19

*60

25

54M4

*53

*

2%

59%

5

8

,

41/2%

40 Ma

Dec

6M4

;

2

100
——100

prior preferred

Preferred 4Mi%

80

%

13% Jan

1

Co—

Marquette Ry Co

5%

100

*7 Ma

:14Mb

104

200

40 3,i

2

July 25

1

.——No par

109Mi

*68

17'% Mar

■

2

106

8%

3

A Mar 20

44

*109

40%

7

13 mi Aug

2

*105

80

29

24 Mi

30

109 Ma

65

*140

*165',a

357is

900

2,000

14

Jun

Pere

106
•

*:14% Apr

2mb Jan

May 15
May 4

G1 Sand Corp

July 22

29 mi Jan

1% Jan

105

'

2 Ma

*2

*57

300

23 Mi

*109

8 Ma

434

*5 '/a

34 7a

%

110 Ma

39 %

43/4

Mi

35
61

*105

80

4 M4
5

237b

35
*60 3a

110

39%

4 M4

*5

'

Feb

11

Pepsi-Cola

22,800

22 Ma

4Mi

700

5 Mi

22

*5

300

43Mi

i',3

95%

32

No

5%

22%

22

>23

22%

5'/*

Feo

19'/?. Apr
:

Jan

37 Va

Dec

2

,■.

Dec

"1Mb July

May

10

2

1mb Jan

No par
—10

Cement

19%

9

Jan

May

Jan

191/4
10

•

Feb

25
99

»

Jan

Aug

3Mi

'

27

No par

Penn

5Mi

43

23 Ma

Mt

par

Jan

•

934
:

Apr

7%

16% Aug 18

17

Pennsylvania

1.280
,

Jan

10
>

4 Mi

Dec

4

July

100

preferred
——-100
RR
50
Peoples Drug Stores Inc
5
Peoples G L & C C (Chic)
—100
JPeoria & Eastern Ry Co—
100

14

22 Mi

4334

*5%
42 Mi

*22 Va

22MB

V 30

6

8

15.."

.-10

$7 conv pref ser A

105 %

23%

5 MB

4%

*13

2ff

120

Ford—-——_—No par

Penn-Dixie

800

37'%.

2Mb Sep

23

2.50

Penney (J C) Co—
Penn Coal & Coke Corp

1,400

V

looma Apr

——No par

Co

Mar

:

24

■'

23

2 HA

*68
-

4%

22 Ma

44 Va

Va

37

w

5 Mb

23

*1%

*

*105'/a

42'%

*7%

-

14

44

5

*109

36

42

6 HA

110 Ma

■14

1%

36

43

33%

110

1%
*13

•

>/;

"

2

2

22%

35

'

*39%

23%

*109

39M4

>

,

90

2

UMiApr

—1

Transportation—No

Penick &

500

2Mb

3A

1Mb

35

Davis &

Jan

20M'a Apr

par

1

Inc

Patino Mines & Enterprises

10,200

41 «/2

19

*8 Mb

80

Parke

,

4,600

22

*67%

8 Va

Me

—

*105

*7%

74 34

22

*105

391/4

74%

*105 Ma

22

33 Mi

68

*68

74'/a

1Mb

23M4

8%

*8 Mb

Ma

14

*60','2

34
61 Mi

68

53

1

9-

104 Ma Sep

2;

-100

Parker Rust Proof Co

53

74

Tllford

Sep

_1

preferred—

Parmelee

54

>

104

_100

1
Inc

600

20 Mi

54

&

—No

Inc_

preferred

600

20 MB

35'A

5

23 Mi

34

4.700

20 Mi

1Mb

*4 Mi

5%

*60','2

'

1

*12 Ma

*22%

4 Mi

"

,'•' "■

.

*34 Mi

21%

23%

43/4,

f

14

Mb

74%

ivi

23M/4

14

.13.

20 Mi

3

231/2

13 3|
.

Pipe Line Co_100
—_1

Park Utah Consol Mines—

2,300"

10

55

3 M4

23 Ma

la
111

Park
-

Transp

Pictures

1st

6%

'•

1MB

Cos

conv

Paramount

1,200

3.M4

1

20 Mi

74

>

1%

4MB

,21 Ma

*5

20

o

:> 1%

4%

.,

;.;/%/■

14

*42 Mi

•

*22M2

133,i

15

Paraffine

""

17,000

35 Ma

2 2 Mi

5

21 Vi

A 23 Mi

14 Ma
-

>54

'

43

233,8

i

118

*143/,

HA

■

East'n

&

Panhandle Prod & Ref

100

/

'

16 Mi

117'/2

15

1%

1%

16Mb

117 "A

*143i

15

13 Ma
*

727#

*1%

2

*4 Mi

14 Ma

23
*

115 7 B

115%

HA

2 3 Vi

13

72 Mi>

*39 Mi

22 Mi

42 Mi

>114 Mi
*

15

54

*19

.

40%

v

*1%
22

*293/b

96%

54

,21%

19 M4

*19

32

55

*1051%

Mi

;.

Petrol

Panhandle

29.100

*12 Ma

.

*105 Ma

21

(

Pan-Amer

.

450

2MB

16

20 Ma

1Mb

14

2lMi

103%

2Mb

*34

1%

35%

?12%

1031/a

2%

*94

3MB

-

2

*29MB

19 Mi

4

>54

3Mb

*1Mb

*

2

1 Mb

104

100

•

16 VB

72 Mb

/

,

v'*33Mb

1

103 Ml

!

96 Va

20 MB

19 m

72Mi

3Mb

14 Ma

103 Mb

7 Ml

30 Ma

23 MB

23%

13 '/a
»1 ••»

19 Mi

*165

Pacific Western

22,000

'

19 Ma
'-

*7

..

16

?>

23Mi;

23 Ma

13%

7MB

*94

114 Ma

1%

1%

10334

*7

Mb

*28 Mi

16

*14 Ma

15

7

96%

-

157 a

.

Apr

l3/4
10

Oil Corp———10

Pacific Tin Consol'd Corp^

3,500

'

.

32

'

*94

16-

16

(.

*7

1Mb

*29

32
105

*94

105

*39%

%

7 Mb.

104

1% A. 2 '••••

1Mb

•

28 %

.*94

6

Vb

'

*7

1

Jan

Jan

7 Mi

16

Sep

150

20

5

28

7

3

15 mi Sep

27

Jan

15% Apr
22% Apr

par

24

28

•

:

Jan

Jun

*

A. 6%

:

173/4

Jun

16

—«100
———100

preferred

Dec

28

Telep & Teleg—;

143

Feb

9M4

;

Jan

24 m» Aug

—25

Mills

40

•;"•

2%

6%' Sep

28

No

17
84

104Va Jan

140

-—No

17

Dec

—5

&-Electric—

*82

17

54

24

—

Corp

9
29

25

No par
—— No
yar
(Cal).
—10

Ltg Corp__

V

Jan

474 Jun

79

2

132

10

20

14%

10

153/a Sep

Co

preferred
preferred

12

12.50

Co_

83%

■142

143

*142

28

81 %

82 Ma

90

/

July

23 Mi July

Dec

6'/a Jan

28

X1674 Apr

Pacific

20

*173/4

17 MB

16M-i

17

82

14 Mi

;v-

10

Feb

142M4 Sep

Pacific Amer Fisheries Inc
Coast

Feb

2

Mar 20

,^\.No

Glass

20

*17 Mb

19 Ma

16%

Owens-Illinois

6 3/4

13Mr4

11% Mar 12

Outboard Marine & Mfg_:
Outlet Co—

28

15%

19

'

.

23 Vi vi-

*22

23

No par

Jan

2% Apr

—-100

preferred—

300

6 Mi

22%

23 Mi

17%

,*>80

8Mi i

6 MB

14Mb

*22

6%

090

8%

6

6

59

-±-No par

Otis Elevator———

2,600

8%

*8 Mi

83/a

preferred A—

8 ma Aug 15

25% July 17

/

2
2

——100

(The)

——

4 9 Mi

49

49 Vis

14 Mb

143
.

2374

19 Mb

••

I6M4
"85

*142

*22 Mi

17 Mb

'

16%

23%

*22%

>15%

15

'

19

*80

30

Jan

2% Jan

17

Oppenheim Collins—

3,900

'• *17
Ma

14 Ma
17 Mb

,*26%

23

8%

400

15 'A
142 34

18 34

.14 Vis

*17 Ma
19

23

23%

V *22 Ma

3Mi I

14%
142 Mi

A 6

6

*3 7i

3%

10

15 MB

50

6

'

66

66

663/4
''

Omnibus Corp

/

-No par
—6

Oliver Farm Equip—

1,000

'

143 Ma

Ma

48

8%

63 Mi

37i

15

...

23

48%

48%

*8

6

49 M4

;

23 Ma
*44 Ma

50

48%

49

142

3 Mi

600

No par

Oil Co

Ohio

9,400

•

*142

15%

15

142

8%
24 74

4

*3 Mi

3%

*3 Mb

15 MB
143 Vis

*44 Ma

50

V

3 Mb

14 Mb

*141 %

48 Ma

:

MB

6

3 Ma

14 MB
143 Ms

.

*

66 Mi

*64

-

*141

23 Ma

*44 Ms

67

24

4

4

8 Mi

2374

8 Ma

8%:
24

24

*3Mi

3 MB

,%

8%

.

24

*22%'

143/4
143 Ma

*22 Ma

3 MB

35A

■

*1434'

8MB
233/8

*65

67

3 Mb

3 Ma

3 Ms

14 Mi
*141

233/b

3 Mb

*65

67

*65

*8

*33/4

3%

1

3M4

Dec

4

Dec

Oct

Feb

7 Mb

Jan

9 Mi

Jan

Jan

47% Apr

28

20

Jun

27

458

Jun

26

70

Feb

14

51

Oct

75Ma

6 Va Jun

25

10% Jan

26

6

Dec

15

July

164

Mar

164

Mar

*

153
1

11MB

July 22
Jan

24

Jun

24

153

Julv 22

2mb Sep
14% Jan

21
28

A May

13%

Dec

Jan

Jan

1% July

!■

)

.:

..

,

•

,

THE COMMERCIAL & FINANCIAL CHRONICLE

Number 4111

Volume 156

LOW AND

$

Sept. VI

I per share

share

per

*15 %

t per share

•

*

.

&

7

23 %

49

,j.
;

3%

3%

17%

6%

6%
■

*6%

7

25

6%

25

49%

"49%

120%

*23%
•

10%'

10

10%

10%

72-%

72%

71%

72%

84%

84 %

84%

84%

84%

95

95

106

106

105%

'113

116

116

'113

25%

25%

25%

25'A

25%

8%

8%

8%

8%

8%

25

25 %

8%

*97 r

*96

99

86

86

11%

*9 Va

86

*96

11%

99

*84%
*11%

9%

11%

9%

;
.

6%

4,600

10

72%

84%

:: V, 610

93%

92

106

106

118

*115%

25%

25%

8%

8%

8%

*96

98%
86%

700

12%

12%

1,300

9%

*9%

9%

3%

3%

3%

86%

86 %

86%

12

12

12

12'A

9%

9%

9%

*9%

3%

*9%

3%

•

100

A

.7

8% Jan

5%

Dec

13 V8

Jan

7

8% Jan

6%

Dec

13%

Jan

22% Jun

10

par

42

Feb

17

100

115

Feb

16

9% Jun

3

29% Jan
52

21%

Jan

14% Jan

Dec

50

40%

Dec

115

121% July 23

Oct

Jun

Jan

61%
120

Sep
July

8

11%

Dec

Mar 30

86% Jan

14

75%

Dec

110

Jan

x99% Jan

14

92-

Dec

123%

Jan

79% Mar 30

111

Jan

106%

Dec

137

Jan

99

Mar 30

123

Jan

117

Dec

158%

Feb

111% Mar 19

115

Feb

114

Dec

117%

.——No

preferred
El

100

& Gas

pfd $5.

No par

Oil

No par

(The)

preferred

5%

conv

20% July
7

—No par

:

9

26% Feb

2

10

Apr 28

29%

Jan

Oct

19%

29% July

7-

Jan

Dec
Feb

12

Dec

90% May 13
80% Jun 17

101% Jan

107%

Dec

100

91% Jan

20

83%

Feb

95 %

Aug

No par

9% Mar 11

12% Sep

25

8%

Deo

12%

Oct

10

8% Mar 11

100

preferred—

Purity Bakeries

100

2

Jan

73% Mar 31

6%

;

Jan

8%
13%

62

Pure

86%

86

11%

21

Feb

6% July

Pullman Inc...

98%

99

85 %

11%

Jun
Dec

21

preferred—————.100

8%

.

per share

3%

5% Jun

jl.No par

16

15

5% Jan

Highes,

share

4%

1

50

Jan

S per

Sep

5

No

per share

17

8

3% May 21
7

.

Year 1941
Lowest

100

9.300
7,

$

per share

15% Jun

par

Range for Previous

Lots

par

8,800

9

100-Share

Highest

9% Jan

preferred

17 %
'■■■

210

of

No par

& .Gamble_____

Pub Ser

26%

No

—,

preferred

t6%

260

-

.4;

,

B

pfd (ser of Feb 1 '29)

t$5

119

25%

85%

Quaker State Oil Ref Corp

194

10% Aug 18

■

Mar

8'A Apr)'

12% July

A',.";,

A..

.

4.300

93

105%

%

class

Pub Serv Corp of N J.

400

84%

-

A

;

10%
71%

*115

99

5%

80

10%.

8%

*96 %

99

Procter

3.700

84%

25%

8%

100

•

49 %

72%

;

.

26

121

Co

5% conv 1st preferred
5% conv 2d preferred.

7

48%
'119

&

S

Pocahontas——_No par

Poor

Postal Teleg Inc preferred
Pressed Steel Car Co Inc

*24

49%

105%

Creek

1,300

6%

120

*93

116,

Par

Pond

Basis

Lowest

3.800

10%

106

On

4%

84%

94%

93%

1

106

*113

lift

r

94%

94

Range Since January I

STOCK

Sharer

71%
•'

YORK

EXCHANGE

17%

*6%

24%

49%

10%

72%,

105%

■

24%

,

NEW

18%

4

7
.

120

10

94

*9%

7 '

49%
120

120

for

18%

6%

*6%

25

*23%

*49%

*119%

V

49%
120 %

6%

6%
7

*6%

7

*6%

•

Sales

the Week

share

*15%

18%

6%

per

3%

18%

72
-

♦105'A .108
*113

3%

18%

83%

73

S

17%

3%

19%

*119%

84%

"93%

15%

17%

3%
18%

> ,49

10%

10%
84

*15%

17%

t per share

share

3%

-*23%

•

49

120', a

.73

f per

19 ■%

6%

-

25

•

119

Sept. 25

3%

6%

*6'A

*15%

Friday

Sept. 24

Sept. 23

18%

3%
19

7 "6%

17%

*15%

17%

*3%
1518%

STOCKS

Thursday

Wednesday

Tuesday

Sept. 21

Sept. 1.9

PRICES

SALE

HIGH

Monday

Saturday

1125

R
3'A

3 Va

57%

3%
*56%

*56%

*8%

*3

18%
8%

*25%

26 Va

*25%

26'A

7

14'A

28

*27%

23%

42%

19%

*19%

19%

19%

19%

8%

8%

8%

8%

8%

1,000

25%

25%

26 ,..7

*25%

•A 7 28(7.7

25%

14
7

28

23%

23%

*25 Va

13%

13%

7

'7-

23%

V

14'%
29

*27%

23%

23%

v

28

':

No par
No par

6%

2'A

Dec

4%

Jan

57% Sep

22

47%

Dec

62%

Jan

88

Apr

25

85

Dec

88

Dec

3% Jan

6

2

2

Dec

3%

Jan

100

34% Jun

4

46% Jan

9

38%

Mar

55%

Oct

—No par

15'A Jan

2

25

14%

Dec

21 Va

July

-1

7% Jun

8

19% Sep
11% Jan

16

8%

Dec

18% July

23% July

conv

Rayonier Inc
$3 preferred

3% July .10

6

Apr 25
Apr 23

88
2

1

preferred
Raybestos Manhattan..

400

.7

.i-—

1st preferred—

700

4%

26% Feb

3

23

Dec

11% Apr 16
23% May 28

15% Jan

28-

10%

Dec

18'% July

28

23

22%

Dec

27%

Aug

50

:

4%

1

50

20 > May 28

23% Sep

19,;

19%

Dec

24

Jan

—25

—

Reading Company

200

23%

23%

i

»«.u

>,7 2.500

14

14

*27%

.

'"'

.

2% Mar
46% Mar

No par

1st preferred

conv

Radio-Keith-Orpheum

1,100

*8%

14'A
28

7, 23%

23%

77*22%;

39%

700

,7

42%

!

25%-

14

*27%

3%

*19%

8%

25%
■■7

14'A
28

3%

7

Corp of Amer

$3.50

$5 preferred B

*39%

19

*8

13% 7 14

J.

3 %.

700

100

*83
'

Radio

19,500
>

57%

57%

57%
100

3

3%

*40

19

57'A
*83

100

42%

42'%

*39%

18%

8%

23%

3

42%

18% \

*27%

3

57%

*83

7V,8%

18%

57

57%
100

*39%

:

42%

*39%

57
*83

3%

*3

3 Vb

*3

3'A

3%
57%
100

*83

100

*83

3'A

3%

50

—

2d preferred

...

Sep

29 %

Aug

1

;'v

#2

73

*15

16'A

*6%

8%

8%

*65

*65

67
47

*3%

3%
14

13%
*98 %

'■

...

77:7*72 Va

85 Va

*58

*80

*46

*3%

*98%

99%

%

85

4%

4%

*4%

4%

4%

22%

22%

22%

22%

x55

Mar

10% Nov

9

65'A July 30

53'%

Dec

67'A

Jan

48

34

Dec

61

Apr

6

2% Jun

22

14%

14%

14%

14,200

*98%

99%

*75

77%

76'%

5%

7>.

5'/a

>

5%;

84%

*84%

85%

84%

61%

*58

61%

59

7Va

7'A

i Vi

80

80

59

4%

4%

4%

22%

22Va

-/■■■
7

-

4%

7%

22%

Feb

2

4% Jan

14

2»A

Dec

3%

Dec

2

14'A

Dec

22%

Jan

101%

19

11

Jan

100% Mar

5

96

Aug

3

86% Jan

23

77

Dec

97

Jan

No par

4% Jun 22

6-% Jan

3

Dec

11

Jan

100

78% ouly 30

Apr

129

Sep

100

54

x94% Jun

100

preferred

5%%

Jan

8

preferred

prior pfd ser A__——100

preferred

160

-

4%

22%

90

1,000

7,7'

conv

Revere Copper & Brass.—

20

•

7'%

conv

6 %

400

-

3,700

81

80

22%

A

84%

7%

80

6%
'

5'A

9'% July

12'%

38 % Jan

13% Sep

Dec

Apr

100

No par

Nov

Apr

—1

Republic Steel Corp

Nov

16

7'%

14%

7:

6'%

53

Apr

9Va

Reo Motors v t c

4%

22%

25

Sep

Mar

7

2-

Rensselaer & Sara RR Co

22%

4%

22%

with warrants—

2%

6

100

99%

*79%

9% Jan

800

*74

80

80

12% Feb

7% May 18

3%

*98%

7%

6'A Apr 24
10% Mar 11

1

46%

5

*58

Preferred

Sep
1
16% Aug 24
7% Feb
2

10

Dec

22 Va

65

No par

Reliance Mfg Co
Remington-Rand

3%

74

7

Corp

Apr 30

*45%

99%

84 %

61%

*6%

Stores

Jan

11

3%

5

5

15

39

100

1st pfd

46 %

73

73 V A■

14

& Co

1

2% July 10

13

3%

3%

13%

*83%

80 Va

*80

81

100

1% Jan

5
100

(Robt)

Reliable

^

100

47

*58

7

*6%

_

Hosiery——

Preferred

Reis

3,600

47

3%

58

58

7%

V

67%

85%

*83%

'■

62

*6%

*:

•

9%

*65

14

5

'

ii%

9%

67'a

72%

5'A>:; .■■7-

11%

47

*98'/a

99%

9'A

>

Silk

Real

160

*66

13%

774 77.v 7

.

*5

5'A

*83%

14 :

13%
*98%

99%

'775

*72 Vb
7 *5

7 V 7.7

16

; 6%

*6%

11%

9

100

73

16

6%

*6%

v

•

1

65'A

■

3%

3%

*3%

.

*65

16%

*11

9

2% A.

65'A

*46

47

47

6%

%;:'7

73

16 Va

11%

8%

*1%

67

*65

47

66'A

*6%

8%

2

*65

16'A

*11

11%

-A

73 r.

16'A

6%

6%

8%

8%

2

2%

*65

16

*11

11 Va

*11

11%

8%

*

6%

*6%

1

*11

75

15%

15 Va

15%

*2

4

2%

*65

73

*65

*65 7

*2

2%

*2

2'A

Reynolds Metals Co
5%% conv preferred

800

Reynolds

Reynolds

(R J)

Richfield

No par

.

;

129% Mar

75% Apr

3% Mar

l

4%

Feb

3

97

Jan

20

60

8% Jan

5

6%

Dec

15% July

85% Jan

19

75 Va

Dec

95

74

May 22

6% May 20

100

Spring...

5,600

70% July

29

80%

Apr

Sep
July

4% Jan

5

Dec

10%

27% Jan

27

22%

Dec

34%

54

Jan

27

49%

Dec

53 Va

Jan

9

Jan

15

7 %

Feb

12 Va

Aug

8% Jan

16

6

Apr

9%

5% Jan

9

20

2%

Dec

4

Jan

'

*30

7'As

*30

33

7'A

*6%

7»A
6%

"1

7'A

7

7»A

7%.

*7

*30

33

*30

33

7*A

6%

*30

33

*7'A

7

7

*30

33

33

Common

7%
'••>.

7%

7%

7%

1,700

6%

7%

Tob class B

6%

*6%

7'%

300

Ritter

Corp

Dental

x

10

_

Oil

20

Apr

23

33

10

Sep

10

6% Apr 28
6% Apr 30
3% Jan
6

No par

Mfg

—.No

par

'

*4 Va

28%

<N CO

28'%

8%

*4%

4%

>!.-• ,V,*4V8

4%

18%

18'A

*18%

18%

8%

8%

9'%

9%

9%

8%

<

7

40

*37

40

*37

8%

4%
18%

*4

17%

8%

8%

Vb

*17%

4%

•7vl7%

4%

*18

18 «A

*8%

*4'A

18»/4

7 7*4%

4%

*18

28%

>>

28%

9

*38

40

*38

40

*37

28%

-

28 3

to CX3

29%

29'A

.

**
03

500

Antelope

Ruberoid

Co

Copper Mines.—
_No

par

16

Feb 19

19% Mar 20

1

(The)

7

May 20

10 % Jan

Rustless Iron & Steel Corp

1,500

40

40

28%

28%

4

v*38

Roan
'>

•

$2.50

•

2,100

St

5,800

{St

conv

preiej.red

47

May 28

23

10

27

•

*

* VB

III

'

%

*%

■>' *4

7

7%

>7.

36%
10%

10%

18%

93

19

77,7.

'

11 Vb

34

34

*110

110

2

42

27

27

.

Aug

48%

Jan

Dec

Jan

14%

39% July
XU Feb

32

%

1

12%

13

5,300

1,400
800

*112'%

113%

*110

113

'A>>

■

v, • '•••

35

*34'A

35

113
3a

Va

A'

^

Scott

*1%
53%
7%

;,

-

*61

62

*61

62

6

6

6

6

Va

33

33

34

34

33

14%

14%

14%

14%

14%

6

7'

Air

Line

*26

26%

69

*66 A

2%
13%

*16%

*11%

13

14

*13%

13%

.7%
-

13%

*13%

.

17%

*11%.

8

7%

2%

*14%

14%

19%

19%

>

19%

129%

*127

17%

-17

.17%

•

;■>:

129%:

'

17%

,

r

129%

*127

17%

17%

7 7%

%

129%

17%

*127

,21%

24%

25

*34%

*111%

2%

2%

*

For

Union Oil

15

—

Silver King Coalition Mines..

900

,

'

footnotes

.5

Skelly Oil Co

—

Sloss Sheffield Steel & Iron..

112%

$6

17'A

300

8

26,100

2%

10,700

14%

r

20

preferred.

South Am Gold Si Platinum

400

So

1,700

129%

Porto

8%

Rico Sugar.

—No par

16%

18,000

Southern

35%

35%

36

36%

36%

37,000

*40 %'

42 %

2%

2%

2%

2%

4,100

*2%

2%

*2%

2'%

*2%

2%

200

41%

California

Southern

4,400

2%

*41

Southern

Natural

Ry_.
5%-preferred

Mobile &

•

Sparks Withington..^
Spear & Co..—

21%

21%

21%

22

22

25%

25 %

25%

25%

26%

3,800

35

35

34%

34%

34%

34

%

34%

34%

3,795

Spicer Mfg Co

55

55

111 'A

32%
115
47

see

3%
96

page 1127.




*53%

65

*54%

55%

*54%

55%

2%

2%

2%

2%

2%

2%

33'A

33'A

33 %

33%

33 %

*31V*

32

32%

32%

33

33

*111'A

115

*45

3%
*95

65

2%

47

*110

3%
*95

32%.

*111%
*45

115
47

*110

3%
96

3%
*95

*111%
*45

115
47

*110

3%
96

3%

*95%

Jan

3

7%

Dec

14% July
71% Jan

\

:

500

-

20

1,900

32%

34

610

33

300

*45

96

3%

47

*95%

96

1

Conv

—No par

_

Square D Co...
conv

preferred..—

Squibb (E R) & Sons
10,300

Standard
$4.50

preferred

No par
No

;

par

—.1
100
No par

—,

Brands

2

par

.No par

51%

Feb

25-

4

25

Apr

14"% Apr

>

10

2%
29%
27%
108%
40%
109%
2%
89%

Sep

23

10Va

Jan

16%

Dec

14

9

Jan

28% Jan
Jan
Jan

2

22

9

95

2;,

Jan

30%

Nov

35'A

Jan

Oct

Feb;.;

112

Jan

Dec

111%

114 r.'

Jan

i

6

Feb;

25% July

6

9

Jan;

15

4

.,13%

Feb

18%

8% Aug 17

7%

Dec

10% July,

2% Jun

14%

1%

3

144% Jan

29

20% Jan

19%

Jun

23%

120

Aug

25

2

36% Sep

25

5

50% Mar 24
3

59

x

-

14
6

Feb

11

114

49% Jan

6

113

Jan
Jan

6

110

Jan

8

,

Dec
Mar

Dec

36%

37%
2

Nor
OU
Jan

6% July
69

July

22

July

39% July

Apr

38% July,

54%

Aug

60

Deo

Dec

6%

i 34% Dec

57%

Jan

Feb

40 Va

Aug

:

3

,

31%
111

Dec

Jan

117% Aug

47%

Dec

48%

Dec

3%

Dec

6%

Jan

8

5

Feb
May

27%

6

45% Jan

19% Jul,

17%

3

38% Jan

Sep.

14% Aug

27%, Dec

Mar 24

"

13%

Feb

60

;

Jan

Dec
Jan

2

6

4% Jan

10

1

July 30

60

Jan

19%

6

Mar 16

Dec

27%

23 % Mar

.22% Aug 25

31% Jan

Aug
Mar

Dec

11%

5

Aug 24

3% Feb

150

8

5

15% Sep
18% Feb

16%

Sep
Nov

2% July

Feb

13

10A

12% Jan
-

Dec

13
x

27

37

Apr
May

2 Vb

Feb

July 20

Aug

Jan

21%

Oct; v
Feb ; %

18%

3:

287

5

Dec
Nov

1

13% Jan

28
Apr 28

Sep

Dec

11%

20% Jan
.17

Apr

Jun
Jun
Apr

Sep
Jan

2

17
16
24
1
9
10
29
2

Dec

40

112

Jun

Sep

Nov

Dec

100

1% Apr 24
2% May 4
59
July 30

17%
21%
31%
49 ;

6%

32%

.26

9% Apr 20

,

5%
59

Dec

Aug 27

16>,

34% Jan

..No par

Apr

26 7.

126 ^

par ,.;

Dec

3%

15% Jan

23% Jun

No par

Inc.—
$4.50 preferred——No

$5 pref series A

3%

_.._No

—

$3 conv preferred A

Spiegel

5 7a

115

*110

3%

preferred....

48%

26% Jan

2
12% May 20

'

*32%

*111%

$5.50

Spencer Kellogg & Sons:

6

15

17% Jun 27

/

*

Jan

Jan

4% Jan

6

100

Sperry Corp (The).——

35

32%

Jan

10%

17

Apr

par- r

—±No par

24%

'

.

—...—1,

*21

•

78%

1% Mar 24

29 >

100

%

—J.

Ohio stk tr ctfs

*53%

55

1% Mar
14

7.50

—-No

21%

2%

Dec
Dec

15% Jun

6

6'A Mar 11

Edison.;.—„25

Gas Co.

24%

*54%

3% July

Apr

i

4%

15

.

—100

65

2%

Jan

July

35

9
Apr 15
13% May 18

5

preferred

Apr

Jan

62% Sep
6% Sep

108
July 10
15% July 28

.1

S'eastern Greyhound Lines—

16

*53%

Va

% July
17

49%

7

14

20% Aug 26
65

par

16%

65

Sep
July

5

60

V;> 19% Apr 23

15

Socony Vacuum Oil Co Inc..——.15;,;

24%

55

% Apr

100

No

10

Apr 29

11% May

Smith (A O) Corp..
_a_
10
Smith & Cor Type v t c—.No par:
Snider Packing Corp
.....No par

:300

13

42%

,

2

2% Jun 30

/

10

Simonds Saw & Steel....——No par

69

13%

;

No par

Petroleum

*21%

*110

96

'127

Pen Co—No par

*53%

*45

47

*110
*95

129%

2%

(W A)

Simmons Co

200

2%
-

8 % Aug

Apr 29
Mar
6
May 21
10 % Apr 24

,—j.No par

24%

32%,

"3%

1

.

Shell

4"%
54%
4'A
30%

..No par

;

pref ser A__...No par

(Frank G)

21%

*31%

115

3

-

.*40

1%

3% Mar 24

6

8

No par

65

2%

32%

*45

2%

*54%-

32

31%

42%
2%

*34%

2%

*31%

35

35

1

Apr 14
52 V* July 8

.No par

preferred

conv

Sheaffer

Simms

27

i

24%

%

55

2%

-

47/a Jan

1

—

.21%

.

35

*54%

.

*39

2%

*53%

65

*21

31%
:

2%

*2%

2%

*53%

44

„

16%

16%

'31%

57 i-V Jan

Southern Pacific Co___———No par

"

Jan

43% May

5
par

1,800

16

Ve

A Feb 10

39%

Dec

57,700

16

112

Dec

Dec

15%

15%

115'A Mar

Dec

94%

31

9

17%

Jun

Va

10%

15%

Jun

107

Sep
Sep

Apr

11%

14%

15

109%

23

Sep

8%
79

25

10%

15

10

Sep

36% Jan

23

28

17%,

14%

Jan

110

9
11

Jun

Jan

15

7

116

106% Jan
Vb Jun

Jun

12%

13% Sep

10%'

10

10

14%

25

Sep

Sep

113

A Mar 21

18

17%

95

25% Apr 16
109Ye Aug 17

par

17%

17%

*9%

*2%

7%

19%

14%,

31%

:

•

*14%

10%

*38

■

2%

14%

.

.7

19%

9%

,

8

13%

14%

13%

*2'/4

,

"7%

*11%
-

2%

13%.

2%

13 7
14

19%

10

45

*16%

17 VV

*13%

14%

15

.

17

*108%

7

2%

13%.

31%

112%

;

19%

10

2%

27

*64%

14%

13%

.31%

7"

7!, 7.65S4A7

conv

$3.50

2,700

20%

2%

10

*37%

28%

20%

14%

*127

24

May 15

47

Dec

10% Apr 23
1% Sep 16

.No

Steel Corp

Shattuck

1%

19%

>>

13%

V

7>

711%

•

8

10

,

65

*108%

13% 7

13.

21

26%.
.

16% :

>*11%
>' 7 13%

2%

14%

777

112%

16%

-

>;

8

65

*108%

•

19%

19%

i*127-':;

77%

2%:

13

•13%

A* 14%

14%,

.19 %

'

13%

8

2

2

2

*14%,

*11%

-

26%

*64%

*1

1 Va

*20%

21

19% Sep

78

par

...

Sharpe & Dohme

1,200

*26%

'

26%

69

$5

400

13%

n

1 Va

*20%

66
A 7.r,V 65%
108% 112% 7
*108% 112%
17 "A
■77 *16%
*16%
17%

112%

*108%

130

*2%

*1

21

26%

:■

2,300

2%

2%
13%

26%;

600

6%

13%

*2%

13%

1 Vb

-

62%

6%

2%

2%
13'A

*66

*61%

6

13%

*2%
13 Va

*26

.

6

15

; 7:7-7 *1
% ,7 *20%

Corp

Inc...

Sharon

,250

14%

1%

3

Apr

106%

x

..—100

Sears Roebuck & Co

1,500

14%

2%

21

62%

*61

7

14%

13%

*20%

6%

15

2%

21

56 Va

6'A

32'/a

13'A

*20%

55%

6%

56

32%

2%

19% Jan

23

....No par

preferred

Seagrave
Servel

y >4oo

32%

13%

*1

8%

32'A

*2%

1%

800

4,300

14%

14%

3

_5

—No

Apr

35

3

Jan

9% May 19
12% Apr 28

No par

Seaboard Oil Co of Del

27,500

33

*13%
*1

>

54%

*32%

33

4-2 %

1,600

A>7%7;A

8%

8%

6%

6

2%

54%
7%

5,300

May

8

Jan

Jun

■

■,77.

13%

Apr

6

July

44

5

No

Va

1 % July
4

Sep 22

110

—100

:

10

29% Apr 30
104

____No par

preferred

{Seaboard

23

2

—

$4 preferred.!

12,500

7% Sep

7

•

55%

62%

6

,7

7

7%

>8%

6%

2

54'A

7%

1

12%

2

54

56

62 Va

62 Va

12%

12%
Ay':- 2

8%:

6%

6%

62

6

>7;

1

>7 1

I

.

,7

54'A

*55:

56

6%

2

>

7% 77:7%
*8%

8%

*55

•

r

6'A

53%

>

7%

*8%

56

>7

2;-:.'

54

7%,

8%

6'A

6%

6%

7%;

•7

53%

7%

*55

56

*54%

>

53%

*8%

8%

*8%

>;■>.: *i%

2

*1%

53%

7%

1

%

*13

13%

*13

54

>7 7:

>

*%

%

13%
2
'-r>;

Dec

Jan

■

*%
13 %

i1*

Jan

,.—100

Paper Co

$4.50

10

3

5

No par

.

preferred

io

Dec

2

Schenley Distillers Corp....
5% % preferred

19%

•a

22

100

Savage Arms Corp—

95

5

1% Sep

—100

...

9,000

18%

7
.

5%

% Feb

% Jan

100

*

Jan

Dec

Nov

8%

Nov

2

A Jan

100

a

preferred
Safeway Stores

130

95

113%

112 '/a

*110

Va

Va

13'A

n7a

*

113%
110

preferred

5%

1,900

19'A

34%

34

*112'%

37% 7-:

Francisco

{St Louis Southwestern

490

94

x94

95

20

.

7,,: - 107 77 107'A
11%
>■•
11%

11%

19

19 Va

18%
*93

8 '

Louis-San

6%

3,130

9%

37'%

36%

11'A

'A
1
■'(

*5

108

107'%

Va

.;>■. 9%

10%

36%

36%

:

u:

7%

*9%

108

"•

Va
1

v

*5

7%

11

112

11

1

10

.

36%

113%

%

%

7%

108

*112%

112

>

%

10

v

19

34

'

..

96

34

*100

112

*110

■

107/a

*93

Va.

%>'
■

36%

*10%

113%

113%

113%

;•

108

19

34

34

*33'%
*112%

36%

95

*93

••

7%
10

108

11'A

18%

18%

93

36%

:i

.

1 Va

9%

108 Va

10%

%

*4

7%

*107

1

Va

'■

9%

7

36%

108 Va

-

-

;

Va

fV
-

9%

36'A

*107 VB

Va

7.;: %
*4

9%

9

,

; 77:

Jan

21

'

,

Jan

5%

14% May

34% Jan

34% May 13

No par

L

Joseph Lead

i

108

Jun

113% July

1 per

Tuesday

shure

9 per

share

'

%

%

1 Va

*7

77 k

6%

*8

8 Va

8%

%

1 Va

1 Va

1 Va

7 %

7%

8%

.

8'%

K

&

1 V«

A

%

*

.

la

1%

2.400

1%

1%

1V'4

6%

7%

814

8

8

814

814

8%

9%

9%

9%

9%

9%

237k

23%

2414

24

24%

24%

2334

23%

24

23% '

24'/«

24%

24%

39

%

39%

39%

39%

39%

39%

39%

39%

397k

39 %

40

30 %

30%

30%

>30%

30%

30%

30%

30%

31'4

31%

30%

31

30

267k

2674

>26%

27%

*26%

27%

27

27%

27%

.27

27

26%

54 Va

54%

54%

55%

55%

57 Va

57 Va

54%

54%

57

54 %.

J

7

7

6%

7./;

3%

3%.

3%

3%

3%

3%

3%

3%

3%

3%

4%

4%

4%

4%

5

4%

5%

5

4%

"4%

4%

4874

4874

4874

4874

4%'

4 Va

4>/a

4%

4%

49

*48

49

124

124

1247k

4'/a

37k

127 k

127k

127k

*1174

1 Va

1 Va

1 Va

1 Va

37 k

12%

*1

1%

4

4%

*10

21%

*4%

*10%

.

21 %

25 %

25%

17

17

17 Va

"

A*4%

*4%

4%

38

*3314

38

5

300

?/'.

1

't

2.700

25%

5.000

177 k

1,200

Sylvania Elec

4

*4%

4

-

:■

-4%

*33'%

38

.214

2%

*214

2%

2%

2%

2%

2%

27 k

*814

8%

*814

8%

8%

8%

8%

-8'%

87a

87k

35%

35%

35%

1,300

27k

8%

2%

2%

2%

2%

31 %

31%

317a

31%

6',«

*6

5%

*35

*2Va
*45%
*3 V*

20%

19%

3%

2%

3 »/2

%•

10

374

77k

*7'/a

25 VH

*2474

*7

77a
25'%

*24 7k

*'%

/ V'i

sk

1174

11%

87«

*8'%

897k

89%

26 Va

2(i'%

267k

26%

*35'%

36'%

36'%

36%

4'%

4'%

4%
11%

267k

27

27%

3674

3674

37

ll3a
*23 7

a

*434

117 k

■

1

62%

*6 7 a

6%

117k

11%

11%

*23 7k

24%

237k

237k

237k

474

474

474

474

47 k

67%

69 ',4

574

574

67

„

-

-67% ,/.

5%

*5%

:

Timken Roller

1,500
3.600

Transcont'l & West Air Inc.

4'%

;

1214

23%

24V4

23%

47A

67

,'?•/ 57a

6614

65

;

5

*5%

«

.

City

17c

470

.

,

preferred
Rapid Tran.
preferred

Twin

900

1

3

Jan

5% Aug

Dec

3

-

23%

Nov

16%

5
26

5% Jan

r-i

11
20

'

'

25

19% May

Aug

Sep

7% July

3% Dec

5

3% May

May 13

5

24%

Dec

16%

5% Nov

A'A

Dec

:M 38'% Aug

Dec

27

A 33'% May 21 A

•'A

7

par

_No
No

28

Jan

AAA 374

7'

Jan

15

47k Jan

2

3474 Feb

27

Jan

7'% Sep

3
2

33% Sep

17 a

V'

127k Sep

85

Mar

28

95'% Jan

9

22

May 20

34'% Jan

31% May 21

:f 43'% Jan

6

: a; 4

7

'

OO ns

Jun

Dec

Dec

V 99%

Dec

Feb

357k

Dec

4

Dec

5%

Jan

Dec

17%

Jan

8%

67k

.A

1'% July 10 (A
O
67'% Mar

i

Feb

6

11% Jun

2

13'% Sep

25

19'% Jan

2

25'% Aug 19

1% Jan

2

21'% Jan

2

73

May 16 A A

Sep

674 Jan

Mar A AA

7k

Sep

'i, '51'% "Jan

10% Aug
2

Jan

AA 75

Dec

,Jan

,

60

Dec
Feb

,7%

Jan

11% Aug

12

7'% Jan

4#

.

13

5'% Sep

:-

9%

4

11

'A-

4

30

7'% Aug

Jan

Jan

':A. -18

>

.3774

t

5% Jun

A

Dec

Jan

,

1%

95% Aug

:

1274 Mar 17

74 Mar 14

•

Jan

6

11%

■

j:

56% Jun
•

Aug

34

AA

9% Mar

;

V Sep 24;

12

A

3

Jan

40

27%

i.

8

4'% July

23

Jan

5% July

Nov

'%

7;

5 A'

107a Feb

7S% May 15

i

100

3%

2474

5

v

,

*■■■"•

A

25

2

12

Sep

60% Sep

.

Jan

A

74 July 29

Jun

8

Sep

47k

; 7 'i

A;

7

27% Jan

'

44 ^

Dec

3Va
30

•8 74 Jan

.

A

14, A

Jan

A

May

10%

Dec

38

5

50

7

2

July

?

Jun

.•

28

Jan

"

Mar JO A

67k Aug
14

:

Dec

32

11

3

-

May 20

Jun

42

774 July

Dec

5

Sep

A/ 38%

Feb

374

,

.

Dec

4»/» May

-

Dec

23 A A. 574
20

Sep

46%

'•■■■

5'% Mar

-

1 A.

67k Aug
9'% Jan

?

Dec

30'%
:

Jan

9%

Feb

2

6

20'% Sep

4

.

34%

14 M

67 a Jan

2A

...

A

Dec

6

27

34 7% Jan

28

Sep

par

—

6

A

Mar 27

•

par

No

16

15

Apr

5'% Jun

10

—

97a Jan
3

May 26

1%

25 /

39 '% Jan

.

.

Apr

,

2% Sep

11

par

—

■

28

Apr

Twin Coach. Co.. ,—'——j

1,100

6

__

Sep

474 Aug

.

Apr

par

No

-

Fox Film Corp

Cen

23
:

177k July

.1 -A

-^1.—4V-

$1.50

4,300

24

65

,65

6

574

A

574

20th

20,800

4%

4%

St'L

Truscon Steel Co—

13%

*11

18% July

13
27
Sep 16

Apr

v

No par

Corp

2% July

Dec

;a

<.-■

5

25

.—•5

-No

preferred

Truax-Traer

11%

12%

*4%

47k

65'%

.

.

•

13

11%

$6

v

630

>.

6%

6%

140

'

Jan

Dec

3

!: ■•:!/ 2'% July 14 A A

2

Tri-Continental Corp

3,700

1%
63

21

Dec

1%

14

1%

5

30

Bearing.j—. .No par

Transue & Williams

300

■

Jan

9%

9

Jan

13% Jan

3'% Apr

par

Transamerica Corp__j._^,A

12

July

9

12%

15% Jan

Sep

41

10

1,100

12%

*11

24

11'% 1%

6'A

No

Axle

4.700

*1
'62

127 k

24'%

574

*11%

1

65

6%

11'%

1174

*

57k

1174

1274

Detroit

Dec

126

Dec

5% Jan

2 Va

•

preferred—— _No par

•7 t$4.50 conv

Jan

Jun

17% Sep
....

.

277/a

47 k

4'%:

(J R)_

Tlmken

Nov

3%

25 7k

•

10

preferred-l—'.

37'%

1

6 %

*11

11 Va

1174

5

470

*63

1

.:

62

62%

67k

par,, J.
.100

—

1,800

*37

•

12-

*11%

874
90'%

;

A.

v>:'!

1

1174

1174

1174
,

:

66

65

4%
11%

*11

11 Va

*11

4'%

lls<k

*61

6%

6%

6 'a

11 Va

*

64

*61

47k

117k

v"'

1

*7k

1

4%
117 k

4

.12'%

12

117k
64

',2

11 Va

87k

6%

117%

25

1

Tide

Jun

8% Jan

,

14

5% Jan

13
28
20

3574 Sep

par

—

_

Jan

66

v

,

126% Aug 17

Apr 13
May 28

May
Apr
May
Feb
May

40

Dec

50

Dec

'48% Aug

3% May

27

4% Jan

;

Dec

4%

Jan

par

No

—

1.

277k

37

117 a

67a

1,100

i.ioo

90'%

277k

36'% :

4%

11'%

26 7k

36'%

;

.

A.^

874

26%

*1074

*11

-74
127 a

66%

5

Thompson-Starrett Co.
$3,50 cum preferred.,!.^. .No par A
„10
Water Associated Oil..

74
127 k

90'%

90

90

897k

90

8974

90

8%

874

*8 7k

87 k
•

7«

u

12 Va

Apr

30

Thompson Prods Inc———: -No par

Thompson

26%

i

i

I

U

*117a

)«

117k

87a

874

*8 7 a

*11%

26

1

9

7% Jan

900

7%

*7»a

7%
26%

25%

26

55% Jan

.1 % Mai-

,

Third Avenue Transit Corp. .'No par

"

89%

*60

*7

7%

.

28

Apr

:4% Apr

•

*7

*2474

25%

117 k

.11% •:

11%

H'%

.

77k

.

8%

1

900

%

'

%

%

*%

*10%

374 '

*3 %

374

*7%
*24'%

3%

37 k

374

*3%

374

*3%

8% July

Dec

5

1.

$3 dlv conv

DeC

3 7k

2

j——i. 'No

Co

Thermold
7

33

*31

4 %

21

.100

preferred

'

•

374 >. 3%

Mfg Co

conv

5

5% Feb

28

No

Preferred

»

400

3%

£3.60

5% Jan

2

par

Pacific Ry Co.—..

The' Fair.ul

100

47'%

*3%

3%
33

*31

33

'•'•*457k

47 Vz

3%

3%

*30

33

3

•

100

16.

..10

No

.

.

Pacific Coal & Oil.^.

Thatcher

400

"

Apr

-

Texas Pacific Land Trust.....

6

*27k

3

*45%

4,900

37

*36

51.

25

46%

Feb

,

'

Sulphur.

Texas

Texas &

25

7 % Sep

No par

Produc'g Co

Texas Gulf

-

57 % Sep

7% May 14

Texas Gulf

11,400

1

Dec

•4

25

1,700

•

574
20

*5 7k

5 7k

*2%

46 Va

3%

.

>30

1934

38

*45%

4574

457/a

37

■f'

20%
-

*34%

•2%'

274

*2%

33

*30

*34

36

36

5%

5%

5%

514

5%

3%

*314

3%

19%

46

*45%

33

*30

5%

19%

27k

*2'/«

46%

5%

'

37

*35

27(i

5%

5%

t

Dec

29

__

1,400

.«

33

16

32

.

(The).—

2,000

6'%

6'%
*5 7k

5%
19%

514

*5

36%

6i

A

27a

33'%

33

■

•6'/8

6 %

37'%

27k

33

32%
"■y

6, •

2%

2%

2%
32%

A

5%

18

5

5

6;

19%

"5% ;

5%
17 %

17

2%

.

32 r

6

A 6

6

32%

23/a

2%

311*

367k

37 %

3614

3614

36

Corp

Texas Co

3

3474 Jan

9

..50 A ;

%'/»

Tennessee

400

•

A 7,800

33 % Jan

t.!34Va July

25% Mar

15% Aug 17
374 Aug 3

.,,1

Corp

partic preferred—.
Telautograph Corp. —
A .5

-

28

25

19% Mar 11

Talcott Inc (James)

47k

*4 7 k

-

38

*33%

33

20

Prod's Inc....No par

Symington-Gould

3,900

4'%

2%

36

;

Swift International Ltd

17%

37 k

27

116%
3%
11 %
1
9%
177k
,3Vs

•

25

21-

25 V4

17%

.

6

42% Jan

43

'

____10

Swift & Co____

2074

25'%

"8 V4

357a

;

(Th^)—*—12%

21 %

*2 7k

35%

Sweets Co of Amer

—-

25%

38 1

*33 %

■

1074

27 % Jan

374 Jan

•,

100

Superior Steel Corp—
Sutherland Paper Co_A—

300

28

42
Apr 24
5% Jan
2
3%Mar
9

___.No par
——1
100

(The)

Co

Superior Oil Corp,,—

400

Nov

Mar 14

•>.. 4

par

cum)

21

4%

*4%

4%

*4%

4%

,

*33

38

*33

Superheater

V

•v

21'%

*21

;,/■ *4.1/4

5

-

*17

37/a

37k

37k

37/a

37 k

37/a

37 k

21%

25%

17

17

17

21

25%

25%

17%

*4%

21

21

1,100

1'%

(4%%

22% Mar

25%

Apr

2374 Aug

,__No par

pfd

Dec

17% Mar

25% Apr

Mining Co_A————-i-lOO 1

Sunshine

127k

1074

,

21 %

*21

5

*4%

V

10%

10%

21%

5

4 %

127 k

1 Va

Class A

80

v

3,100

10%

v

Jan

4% Mar'

21% Mar

24% Sep

(The)_A——___'l

Sun Oil Co-.i

600

37a

* 1 Va

12%

1 Va

1074

21%

2074

257k

37 k

10 Va

21%

*

25'/a

21

25 %
*17

10%

5

Studebaker Corp

4

12

1%

1%

21%

*4%

20 %

:•

12 %

12

1074

21%

5

13.700

124'%

37 k

4

37 k

4

21%

*10

107k

*21%

;

Dec

share

1 %

30% Apr 24

w

10
-5
1

Webster,,—-No

&

Stone

Dec

8%

'A

Not

18

No par

Stokely Bros. & Co Inc,_——,

1,500
; 6.200

%
%

13% Jan 14

.

9 per

share

20

,

25

L S_^__

(The 1

Co

Starrett

4

•

>

4

124

125

*124%

125 /

*124

125
'

*12

37k

48 %

48

48%

*48'A

124

*48 %

1

"

Highest

Lowest

i

S per

yk Jan
7
17a Jan
6
11% Jan 14

_

Apr 28' •

,6

,•

No par
——_25

Sterling Products Inc____
Stewart-Wajrner
Corp____A—;

! 3,500

/

par

'

"

*123

Oi} of Calif_____

Standard Oil of Ohio

600

4%

4 Va

preferred—'rNo

Standard Oil of New Jersey—25

! 2,100

'

3\ Sep
3
% Apr 25
5% May 14

.--No par

Standard Oil of Indiana

2,700

5

4'/a

4%

4 Va

4

p;rior

Standard

23,000

3%

*374
4 Va

Year 1941
-i

Highest ■. ;»
9 per share

$ per share

prior preferred——No par

$7 cum

7.500

A

7%

7

7

7

7

*6%

'

preferred

'

•7

Previous

Range for

Since January 1
of 100-Share Lots

.%■: Lowest 4:

■

,No par

$6 cum

5,600
*

24%

237k

24%

2374

24

23r'k

*4 %

$4
c

13.600

237k

24%

23%

24%

23%

*6%

A..; vA A.-

EXCHANGE

Standard Gas & El Co,

'

'

Basis

On

<

Par

1,400

'

55

'

A- A

6,100

;

1 %

A 8%•

A"

Shares

1

1.1

1 %

1%

the Week

9 per share

share

Range

STOCK

'

Sept. 25

Sept. 24
f per

share

S per

share

9 per

YORK

NEW

for

Sales

Friday

Thursday

Sept. 23

Sept. 2-i

Sept. 551

Sept. 1!)

STOCKS

SALE PRICES
Wednesday

LOW AND HIGH
Monday

Saturday

Monday, September 28, 1942

& FINANCIAL CHRONICLE

THE COMMERCIAL

1126

5':v' May

•

97 k
24

16% May
%

12

16

12

Sep
Dec

1% July

Dec
Feb

27%

Dec

29 A, :••. A 4 7k

Sep

Sep

8%

Jan

AA

u
367 k

*36

3674

77 k

69 74
*112 Va

; ..:•

106%

y;;

12 %

79 74

7774

,

127 k

777k

•

(A'A

106

13

•77%

77'%

777 k
22'%

.2274

277k

27 7k

95

94'%

95

94'%

147k

14%

*112'%

70'%

113

*105%

■;

13

127k

13'%

•

37%

Sep

5

7

Dec

12%

Jan

7474 Jan

3

60

Feb

79%

Sep

Union El Co, of MO $5 pfd_i_No par

108

.113

/•Preferred $4.50 series,*., 1,'No par

100% Mar 24

108

•!.

77%

777k

777k.

7774

7774

A

22'%i! ;>

227k

227k C

227%

227k

,

2.9 7k

2974

297k

29%

29%

95

95%

947k

947k r:

14'%

14%

80

Union Oil of

100

95

137k

14

.13 7k

*147a

15

*14 7k

*109'%

46'%

19'%
:\'±

117a

•

37'%

274

*46%

A'/;!
1174

1174

*2'%

•>

*37%

38

-

1,300

57k

6

*26%

5474

547k

;

374

37k

374

374

147 k

15
3 74

40

9%

*26'%

A;

37k

374

%

*51'%

Aircraft Corp—'—*,———5

237k Jun

37k*

3

3

43

9'%

974

9'%

5174

*31

6 %

5'%
40'%

317jk

31

.

5174
173

173

40%

*574
*39

'

84

4074

52

197k

'

■

*51'%

.4-

*173

18,400

United Drug

600

v

Moo

/

;

17,800

574

5%

41

•

*39

37 k

;

37k

*3 7k

3%

j!.

;
'

82%

4074

97 k

9'%

52

52

.•

32

*5%
*39

V

,32

:

57k
40%

'13,700
,./ : ' >400
2.100

1,900

1,400
A
€0

3,010

A

33

$5

40'%

MeV & Manu Inc v t c_.1
United .Paperboard
—
10
U S & Foreign Secur——No par
$6 1st preferred
—_-.No par
U S Dlstrib Corp conv pfd———100

1

U S

;300

Co_,L——No par

Gypsum Co————
preferred
—

7 7c
U S

*374

3%

4

3%

*l%

4 1

•

3%

.

374

13

112

*106
25 %

*12%

1-113%

25%

25

13

1274
>106

113%
25

25

*28

29

29

*26 %

26%

2674

26%

l'!f

115

1974

1974

86

86

46'%
64

64

46 % y 4674
109 %

109
*19

19'%

*42 7k

43 74

Tor footnotes

*28

2674

12%

13

12%

1274

*106

31

120

*106

115

25

25

5«

*46 %

29

1274

25

25

25

*2774

27%

2914

277a

27%

*2774

1274
*106

U S

100

2914

29%.

2914

28 %

2374

1,800

25%
.

U S

'4

2,400

tV S Realty &

197k

20'%

20

2014

2014

2074

2074

21

867«

8674

8674

86 %

87

87%

87%

8874

89%

46%

47

47

49

50

49

63%

46

46'/4

*19
*42 7k

see

10974

197%
43'%

page




1127.

*63

4574
h-* O CO

19'%

*42 7k

S

1,800

3.

19 34

109'%

U

2974

46%
*63

U

16,800

S

*

63'%
46 3k

47%
63

4574

109'%

109

19'%

*19

43'%

preferred—-J——100
Pipe & Foundry———*-20
Playing Card Co—
10
Plywood Corp—:—
—1

10

*8574

20

200

43%

4874
63 %

6374

63%

47

47%

47%

109

108 74

109%

19%
4314

19%
*44

19%
44%

63 74

471/4
109
20

*43%

49 %

64

4774'109%
20

44%

U S

1,400

1st

,U S Steel Corp...
*"

.Preferred

3,900
10

Rubber

Preferred

900

29,500

U

3% Jun

5% Jan

S Tobacco
7%

i—
Co„,

preferred——

50
—No par

52

Jun

A"

Dec

:

37a

Apr

'30
60

May
'•

4%

16

33/a
51

53/aJuly

/

42
:

Dec

10%

Dec

Jan

106% Jan

100%

Dec

28

15% Sep

25

8-y«

Apr

14%

2% Sep

10

4 % Feb

27

2%

Dec

4%

27a

Dec

2% Apr
Jan

25

43

Sep

22

9%

Feb

19

July

26

7%

Dec

>13

July

37%

Dec

54 % July

40% May 13

May

Sep

July

6

Feb

117-4 Jan

•7

6% May 14
159

4

Jan'
Nov

3% Jan

9

•17

117

87

17

77% Apr

Jan

79

93% Mar 27

17'

Sep
Sep
Nov

;■»

173

9

Sep

170

21

6% Jan

-1

14

Sep

Dec

83

Apr

4%

937k

69%
1183

Feb

21-

33

Feb

27

20

9%
!

Apr

43

Oct

Jan
Jan

Jun
Jun

33% Aug

2'/a

Dec

7

Jan

2

14

Aug

18

5%

Apr

99

Jan

20

114

Jun

10

54%

Feb

27'/a Aug 24

20%

Dec

30% Aug

7

25%

Dec

34'/e

Feb

297k Sep

25

18%

Apr

26

Sep

Mar 11

%

2% Apr

4% July 30

28

May

7

26% May

1

22

20

Apr

27

% Aug 21

13% May
54

58

6

Mar 10

37% Apr

Apr

'

1

4% Aug

10%
105

A

Oct

2'/8 July

21

Sep

25

Dec

28%

89 %

Sep

25

58

Dec

103%

Sep

51 % Jan

14

43%

Dec

65 Vb

Apr

19

69

Dec

76%

Jan

47

Dec

70%

Jan

17

28

71

Jan

13%

44% May 20

5574 Jan

3

107% Jun

30

119% Jan

13

105%

Dec

15% Apr

29

Jan

5

19%

Dec

:——No par

46% Jan

14

39% Mar 27

Sep

31% Aug

Dec*

,.—100

—25

Jan

6%
;

..

Dec

3

►

Jan

30%

17 a

Sep

1%

AA
A

207k May

8ep

21'/8

A

2-%

•

Jan

14% July

Dec

13%

''V

1

Dec

Jan

113'/*- Feb

-

Dec
•

July

17%

Dec

15

Sep

44%

;11% Apr

Impt——.No par

Co.———
10
preferred——r—100
Smelting Ref & Min—50

8%

1.900

1,000

No par
A—!——No par

Co.—,

J.

5
.

A

Sep

•'

/

Dec

35
.

.

,31

Dec

AA'AV'1

16-

Feb

Industrial Alcohol——No par

11

28

%

;

"

TJ S

35

>72% Jan

;

41

Prior

100

*

25%

5

1

34% Jan

Leather

8%

'

'

*

;v

108%

10

6% Sep

3% Mar 11

3

Jan

28

Partic & conv cl

1,200

1274

50,

33% Aug 21

112%

Dec
:

July 16'

30

conv

CN CO

%M 15% Nov

A*'; 97k May

•

22:

3

24% Apr

U S

:

115

7% Sep

;

5
preferred——.—50

Hoffman Mach Corp.—

'

*12V2

-

*4% Apr 15
11% Apr 28

27

!

*3%

20
100

Dec

15>

4% Apr
34 % Jan

5%%

70

•4,700

33

327k

S Freight

3,500

A

Gas.

United

U

57k

*5 7k

ImproVt—i-—No par
preferred
L-——«--No par

1

10

*39

167k Jan

•

United

5

July 28

4,800

Fdy„_.
5
Co__—_l——'No par

26

2

48% Jun

■

;

Cos.———i5

11

24%

25

'Feb
74 Jan

20

27

257k Jun

2V000

97k

par

Jan

5-

Jan

"

par

85%

July 15
Mar

,Jan
jj

Jan

Dec

51

48% Sep

I

May

16

United Eng .&

53

53

Coal

37
:

United Fruit

*173%

*173%

~5 7k

9'/a

9%
52 74

par

100

Electric

United

2,400

82%

39%

15

par

85%

6'
23

Sep

112

•>'.

••.

3

42

9% Mar 10

^^10

Preferred

120

15

10474 Mar 24

Dec

73

.

6J

.10474 Jan

17

-

16

A 57%

29'

y367k Jan

17

100

Inc../5

/United Dyewood Corp.—^

4

Apr

7% Apr

89

Dec

Feb 24

30

,

par

*

3%

3

100

;

.

15'%

84

40%

*374

15'%

39%

*5'%

3174

7

100'% 10074

101'%

84

40%

374

4

43

5%
3174

.

A:

A '

'

54%

;

37k

4

A:

574
27

84

40%

*374

54

*2 7%

*173%

31'%

31'%

53%%:

•

>

37%

*26 7k

.

15'% '

15'%

3

9%

37k

27k

57k

57a

*100

37k

52

'

*2'%

>,

7%

37'%

27'%

A

15

3

41%-

52

-

7 Vk

:.

37%

574

53

100

37k

2%;

*267k

••

.27!

37k

'

15

7%

37%

5374

*81%

97k

__

6

774
2%

.'

Co—w-No

5%

'

Jan
Dec

11%

X

6

81% Feb
'

Transport,,—/!,-—.5

preferred—-—'—
United Carbon CO———No
United-Carr Fast Corp..;-——No
United Corporation———-'.No
$3 preferred—!———No

A
,

13'%

13

A

preferred^——,100

Biscuit

United

A/_._

"

i'o

13'%

conv

20,200

/

«

.12

5%

Jan

11174
106%

July 13 ;
-

8074 Aug 21

2

3

9

13% Jan

.;

17

Un Air Lines

300

•48'%

*18%

'

'%

A

37k

37k
*8274

*267k-

100

'

374
84

•

38

: 52'%

37k

4074

.

*'5 7k

A.;

15

39'%

173

"172

[

6

27 v

*8234

*2'%
38

100

100
15

v' v

54'% A

54

147k

••

34

97k

* A A 48%

197k

1274

27a A

40

*8274

■J2

137k

77% '

3 7k

3'%
*3

3%

*3

487k
.

■

6374 Jan

74% Jun

800

1474

.

1

May

21% Aug

/preferred,-—-1

United

7.700

AAA 16.900

111'%

487k

1274

39

57k

«

997k

*99

100

>147%

*109%

*18%

274

*2'%
*38

547k

20 /

77k (A; V/.A 774

77k

27

547%

15

111%

15

*109%

48

A;

1474 V"'.

rJ<; 14%

15

111%

.-''AA.. i/4

.

•

A-

'

38

67k

7

15

*46'%

Hi

274

27%

95'%
.,

*18'%

'

12

1174

;

7'%

7

*57k

*1474

*109'%

48%
20

*26'%

*99

*147k

*18%

.%

17k

*2 7k

15

U

1174

' / 77k

14'%

111%

19'%

19%

f)

a"

.

,

*109%

*947k

,

147k

477k

47

•

.;•>

94'%

5

*147k

15

111%

*109'%

111%

467k
*18 %

•

10

100

4 7c

'

A/

39% July

•

Apr

Union Tank Car,—No par

1,600
.

California—Ak———25

Union Pacific RR Co,——

2.400

,

Carbide & Carb——No

Union

3,200

:

....

79 34

'

Dec

9'% Jan

28
May • 6

10

A-

7974

79

>27%

21

58

79 74 A.

,

2

7% Sep

..No par
par

AA

106%

13

28% Jan

1—No par

Papers

Union Bag &

A ~'^rl40

71'%
113

113

M

106

106

13

787a

.i

28'%

*227k

28

'..

••/; 3.800

,

A A 6,600

28%

227a

2774

23

70 74

6974
;

77k

A,; 777k
22%

77'%

*2774

697k
113.

367k

774

77k

Under Elliott Fisher Co

1.800

3674

37

.

7%

7%

127k

79'% A.

37

367k

106'%

*112'%

787k

*22 7k

A

77k
69%

f,A;

'

i

..A.,

70

113

106

*112'%
106

•

36

v-

7%

-1274

•79

79

,

36

69

113

12%

79

74

106'%

*112'%

105'%

12'%

"

7

69'%

69'%

69'%
113

105%

36

7:,k

357k

7%

•

7»%

24

„

42

Mar

.130

Sep

Jan

33%
x

Jan

50%

Nov

/.;,>'

Number 4111

.Volume 156

THE COMMERCIAL & FINANCIAL CHRONICLE

:

1127

;

NEW YORK STOCK RECORD

>:>>>>'
Monday

Saturday

X

i

1

tt

; i%

.

%

v'- %
Ml

12

*41 Va

13 %

*12%

12%

'*12%

*52 Ve

52%

52'/a

*12%

12 Va

52%

12%

53 Va

12 Va

•

50

53 Va

53 %

Shares

1 Va

9,400

United

%

3,000

United Stores class A

%

■

*43

f

$6

50

%
6143 >
*150

>

*

Mr

*12%

V;v>

%

160

*150

160

151

*144

160 V

*148

160

'•

8ft

150

*148

150

*150

>

160

Leaf

preferred

;«>i
*

*%

r7ff

*24'

Va >>

A

*%,

Vff

-25%

*24

24%

*24'/«

15 %

15%

15%

15%

15 Va

15 Va

*7%

8%

*7%

8Va

*7%

8 Va

*23 Ve

24 '/a

*23%

24%

*23 %

24%

*115%

117Va

*115%

117 Va

*115%

117 Va

*33

*33

33 Va

"33

33 Va

*

*115%

*50

*50

64

'75

*19%

*53 Va

■> /■

2

32%

'

*115%

116

17%

18

*25

*28 Va

28%

*76 Va

*122%

/'' 8 Va

'

8

7V2

•

18

*97%

102V8-

3%

16

*15%

8

8

8

Va

24

24%

*7%

15%

15'A

*31/4

16

;

4

24%

*

3%

%

*3% '> 3%

.

5%

23

*22

22%

u
22%

79

>»5%

5 Ye

5%

5Va

>76

*%
22%

*%

)k

*22

79

♦76

■

;

5%
79

*76

.

>22

%
>

o

23

76

"

I

23%

5Vs

,

76

6'/a

*

*%
1

Ya

*Ya

;

1

*%

*%

-

*

1

*%

13
1

*%

1

/

-

Class

Warner

30

$3.85

,

..

1

-

*Va

300

%

*21%

24

*21%
*21%

*22

24

24

22%:

22

22V2

25

:

*22

25%

♦22

16 Va

*153A

*22%

25%

*15%

16%

13

*16 Va

16%

163A

16%

>

2%

2'%

2%

2%

'

*15Va

15%

*153A

15%

*12%

*15%

vie ••./•

13

"121/4
*16

> 16%

16%

:;/> *2%

2%

15% '>

15%

15%

*67%

69%

2%

15%

■

—

Warren

*66%

*66%

69%

9Vs

9%

9%

49 %

49

108 %

61%

60

51

51

"108%

108%

*10%

11
98

*95%

*14%

14%

109

10%

*95%

Waukesha' Motor Co—»———5

!

200

Wayne Pump Co

2%

i

300

Webster

;

700

Wesson Oil & Snowdrift

60%

108 'A

41

60

52

*108%

108'A

*11%

99

14%

Penn El

63

52

250

7ft

6ft

52
109

*12%

13

300

*96 Va

99

14%

15

*108%

14 Ya

14%

6%

2%

2 Va

2%

*2 Va

2%

2%

2%

2%

*2%

2%

2%

*5%

5%

*5%

5%

5%

6Va

6 Va"

6%

6%

6V4

6 Va

%

%

lVa

l3/4

1%

2 i

1%

1%

1%

25,100

29

28%

29%

14%

14%

14%

27%

28

14%

14%

28%
: 14%

71

115%

25Va

*24i%

71%

70 3A

*114%

26

*25V2

108

*1071/4

50

29%

28%

12,100

>> 14%

14%

14%

14Ya

14%

9,300

72%
116,%

25

26

*24

26%

*25 %

26%

*25%

*107 V*

108Ya

1073/4

100

:

400

1

30

50

*82

50

.

*82

84%

*82

84%

*40

50

*40

5% ft

84%

*18%

19

19

193/4

*60

60%

60

60:

603A

60%

60 3/4

*13%

13%

13%

13%

*13%

14%

*13%

14%

*13%

14%

*13%

131/4
♦3%

131/4

13%

13%

*13%

13%

13%

13%

13%

13%

13%

133/a

3%

3%

*3%

1%

l3/4

1%

PA

1 Va

1

14%

4
50

z*3i%:
*18

3Y4
*109%

*17%

16%
*103
*43

Va

2

1%

lYa

28

*109'% .120

16%
115

16%

48

*91%

52
120

*17%

18

18

28 Va

28%

28

16%

121

16%

$4 conv

45

Prior

2%

7,300

7Va

54%

55

*109'%

6ft

121

,

121

>115

121

*103

115

*103

115

17'A

*103

115

*44%
>>

95

v..

*47

•

47

*44'A

48

*47

*45'A

47

>103

; 115

473A

' 473/4'

:

47%

Worthington P & M (Del) —No par

;

preferred A—
100
6% preferred B
100
Prior pfd 4Va% series^.
100
Prior pfd 4% ft Conv series—100
7ft

'•• '

48

,

\

'

—

473%

*451/4
*47

*«]:'

49

———-10

Woolworth (F W) Co

2,000

•

>•£•>•>•>

121

pfd

-No par
No par
100
—10

9.800

;

'

:>.

—

Woodward Iron Co

400

*115

;;

preferred

200

'

:>

: *50

52

18%

Mii/8
87f

■4S.1V1

Sv
6'8

■4>8

*2

;

95

53

*18%19

19

193/a

19

,

>;.v>87/,-,
>-

95.'

7%

*19%

.

53

20

*84'/a

84%
8%

84%
8Va

84%

8%

8Va

8%

8'A

3%

8%

14%

14%

14%

14%

14%

14%

14%

2 Va

2 Va

2 Va

?Ve

2Vs

2

Deferred

delivery,

8

2

*Bld and asked prices; no sales
sale,

s

Special




sales,

on

this
x

12
12Va
120
120
*6%
6%
29 Va 30

'

day.

.

12%
*118'A 121
6%
6%
30% 31 Va.

fin receivership.

Ex-dividends,

y

Ex-rights.

12

84Va

84

a

~

»

12
12Va
*118% 121%
;
6%
6%
30%
31.
*83

300

84%

2

Wright Aeronautical———No par
Wrigley (Win) Jr (Del)
No par

600

Yale & Towne Mfg.

•

-

>

*52%

84"%

84 A

14%

r Cash

19

95

53%

12
121/4
120
120
*6%
6%
291/8 293/4

2 Va

stock,

*93

*51 Ya

95

6V2
295/8

6%
JiVfr

7 /8

*14 Va

95

52

*14%

>

84/8

7/4

187/8

*,Ji/8 12
118
122

*91%
[>V':52-/>

>

20

*13,700
80
y
1,100
> 4,700
,

'">!'

120

3,700

.

Co
25
Yellow Truck & Coach cl B
1
Preferred™—
100
Young Spring & Wire
—No par
Youngstown 8 & T
No par
t5%% preferred series A
100
Youngstown Steel Door——No par

Zenith Radio Corp_„

.—No par

Zonite Products Corp.

1

Food Stores, Inc.

fUnit of trading reduced from 100 to 10 shares.

5

89

Feb

105

Nov

9

135

Mar

143

Jun

Jan

10 % Mar 25
25

Apr

1

30% Jan

26

7% Jan

17

6%

Dec

9%

Apr

18% Feb

4

15%

Dec

22%

Jan

5

96%

Jun

105%

Jan

Dec

6Va

Jan

Mar

102

4 % Jan

39
v

3

5

Sep
Sep

xl2%

Feb

15 Ve

2%

16'/.,: Aug 13
4

36

25% May

Aug 19

Deo

6%

Sep
Jun

Aug 20

Sep

2%

Feb

6 Va

Dec

> 78% Aug 24

May 18

1% Jan

g

%

Dec

1% July

Deo

24
27

77

Jan

53

29

% Sep
26% Jun

6

Feb

21%

Oct

26% July

8 /

39 Va Jan

8

25

Feb

38

Sep

19

Jan

Feb

2

14

Dec

23%

13% Feb

5

10%

Dec

17% July

Seo

9

10Va

Dec

20%

Jan

1%

Deo

4%

Jan

17
3

July 22

20% Jan

6

16% Mar

25% July

Feb

3

65 % Mar

74%

70

93/8Sep

17

-

/m.*.

•'

'MM

■

'

Jan

.

Apr

25

91

Jan

22

88

Dec

106'%

27

104

Jan

8

99%

Dec

115

Jan

Apr

27

93

Jan

8

89

Nov

107Ya

Jan

May

113% Jan

112

Mar

117%

Jan

10% Sep

1
21

20 Ya

July

97

16

104'% Jan

2

16'/a Jan

3

,

Sep

12% May
2
J

9

Apr 28

4% May 20
% May 18

-

18

Feb

9,
6

13A

5

Apr

22

Mar 11

100% Jun

28
6

31%

15

Deo

24% July

1 '/a May

Nov

6

71

Oct

105

Jan

Jan

28

118

Dec

141

Mar

29% Feb

2

81% Jan
127

3l'/a Jan
1073/4 Sep

27%
27%

8

18

93

Jan

; >

22

27% Feb

Jun

Apr

105

11

Apr

9

July

18%

50

18 Va Aug 13

9

Dec

Feb

July

80

July

Feb

Aug 14

45

4 3%

4%

5

24

July

Dec

>'•> aTa

19'A Feb

Aug

Oct

29 Ya

23

13%. May 27

23

107
.

28

Sep

25

63 Va Apr

Deo

2

29% Sep

109

Apr

15%

•

Jan

8'A Jan

18

23 Ve Feb

Dec

15

104%

•

3% Jan 27

>

Apr

60

34%

36% July
112

Aug

85

Deo>.

4

21%

65

Aug
July

100

Jan

Apr

58%

Jan

30% July
76

Dec

Jan

69% Jan

29

12 Ve July 21

15

Apr

17

10'A

Jan

15% July

12

15% Jan

5

10%

Dec

17%

4% July 29

2%

Dec

8% July

3% Jan

2 Va

Dec

5%

Feb

54 Va

Jun

Dec

26 Va

July

l'/a

58% May

9

Jun 25
Mar

6

1% Apr

29

3

40

May

15 Va Apr

27

Jan

12

41

23

22% Jan

13

18%

18

6

53

..

Jan
Jan

15

2% Jun

Dec

2 3%

May

13% Aug 12

17a Jan

1%

Apr

2 3/e

Jan

4Ya Apr

29

7% Aug 24

3 Va

Apr

6

Dec

14

6 3% Jan

20

4 Va

Dec

7

23

73 3/4 Jan

13

60%

Dec

77

Sep

7

109%

Oct

115

Nov

7

19 Ya

Dec

l Ya Apr

3% Sep
51

Sep

107% Jun

1

17'% Aug 26

21% May
14% Jun

622

108% July
24

125

Aug 25
42% Jun 17

117

85

>

Jan

Deo

July
73% Aug

Dec

> 753A Aug

Jan

15

86

Apr

1-22

July

Jan

5

50%

Deo

80

Jan

22%

Jah

17%

Jan

104
62

6
Apr 23
28% Jun
3
78

7

Jan

12

May 14

Aug

50%

23

3

Jan

253A July
147

47Y4

Apr 24

2

34%

Dec

;3

Jun

28

Deo
Mar

26

39

Jan

>

26

80

'2

98

Jan

Mar

9

10 Va Apr

>>16

33%

Sep

Jan

Jun

15% Jan

23 Va

28

July 28

Va

57% Jan

54

44

11

3 %

291/a July 31
213/a Jan

118% May 27
107

Jan

20% July 27

Dec

15

14

10%

Dec

109%

Dec

5%

Dec

12%

Jan

Deo

42 Va

Jan

7% Jan

19

37% Jan

13

29

Sep

1

76

12% Jan

5

86

130

Aug 17

13% Jan
121

8% Feb

19

147/a July

1 % May

1,100

2,500

b Name changed from Union Premier

if Called for redemption,

96% Mar
138

May 14

Co———5
1
preferred————10

Wisconsin El Pow 6ft

283/4

17 »/4

17'A

*114

$6

1,400

18
28%

conv

Feb

lVa

Motors

Wilson & Co Inc

4,900
<

pari

preferred-——————20 -

Willys-Overland

1,200

33A

3%

preferred

33 %

26%

1

Mach Corp

Dec

Apr

Wilcox Oil & Gas

300

lYa

33/4

285/a

conv

White Sewing

>1.100

>i9:f%

7Va

■

163A

.-

800
>

13A

121

*109'%

,

2,300

35/a

53 Ya

•

523A

*109%
-

16%

*114

,

45%

*47

-

■¥$ 51

35/«

3 3/4

100

*lYa

7% t 7 % >

7

3%

28%

*44

53

7

533/4

28%

'

*103

95

'

P/4

33A

18

*16

45%

*lYa

«

7%

52%

121 '

473A

2

lYa

18

*115

*87

2%

18

27Ya

16%

*47-

*18

lYa

230

>

No par
100
preferred——
100

Wheeling Steel Corp———No paf
$5 conv prior pref—
No par
White Dental Mfg (The S S)
20
White Motor Co
1
White Rock Min Spr Co
No par

2,100
■

2%

*35

19

120

121

*51%

45

*18

*17%

110

•'

*36%

19

33/4

'

*IY«

45.

*109%

.

18

28%

28

*115

v

54

>

3%

;

2

2

*36'/a

2%

33A

3 Ya

*33A

19 Ya

60

*18

7Va

55

4

1% UZUK

19%
60

19

.

13A

1%
7

18 Ya

35/a

;

lYa

*1V8

1%

a3/*

4

18%
,*60

50

*18

6V«

\

18 Ya
60 %

*35 Va

2

lYa
■

33/4
55%
120

"

19

7%

.

I8V2
60

,

50

*18

13A

1%

55%

*31%

.

2

*lYa
«7

'

19 / '

/

191/4

*18%

—No par

preferred—
Wheeling & L Erie Ry Co
$4.50

29

Dec

102

Supply Co
Maryland

Westvaco Chlor Prod—

107 3/4

Sep
Jan

7

36

Auto

Westinghouse El & Mfg———50
1st
preferred
—
50
Weston Elec Instrument
—12.50

5,100

26%

1073A

*40

84%

;

1

-

26

*25%

50

*82

71%

*115%

:

1153/4

115%

26

*24

72

71

71

1153/4

107%

26%

*40

84%

70%
*115

108

*107%

50

*82

85

*82%

29V4

24%

*25%

26%
108.

*40

'

24%

25

*241/2

*25%
*40

29%

115%

*107%

1,500

28%

;

71%

115% 115Yi

71%

*71

*114%

2%

23%
42

29% Jan

>

Dec

%

7 Va Aug 28

100
No par

——10
Western
100
4% 2d preferred..
100
Western Pacific 6% preferred—-100
Western Union Telegraph———100
Westlnghouse Air Brake
No par

1,800

%

118% July

Dec

13 Va

34

preferred_>L*—————100

•Western

800

Dec

11

30%

41 Va Apr

100
100
pfd

114

% July 25

1

Co

28% July

24% Aug 21
6% Aug 14

59% May 20

No par

.

West Va Pulp & Pap

'

*

preferred
preferred

Dec

4

15

—No par

class A_

West Penn Pr Co 4%%

30

12

*96%

14%

14%;

14%

Indies

West

99

12

12

*95 Va

*60

52

>■

108% 108%

109

12
98

14%

60%

60%
52

*11 Va

West

<50

9Va
41%

par

Sugar Corp—

1,700

;

150

*8%

41%

Jan

Dec

11

21% Sep
8
25
July 14
/ 13% Jun._16
12
Jan
3
HV2 Jan 15
1% Jan
6

No par

preferred—,—

!

9

1
.-No

Eisenlohr——

$4 conv

691%

42

52

*58'A

51

/

*671/4

9

*39%

>95%

10%
98

14%

>

Co_

Washington

100

16 Va

16

69%

No par
No par

Pipe

Gas Lt

100

41

*8 3/4

9%
42

42 >

50

Va

69%

9%

.

44

60

60

> 60

9%

*42 Va

44

*42%

*671/4

69%

Fdy &

———

z

'

*67%

---No par

—

16%

2%

16

16

preferred

Preferred receipts

100

Sep

2%

%
18%

29

Va Jan 2
Va Aug 13
19
Jan 2

—No par
.

27%

9

Feb 17

x65

12%

12%
*16

2%

*2%

/

16

*15%.'

:

16%

-

*2%

$3

120

25

13

"

16%
'

'

16

25

,'25/>>

*121/4

13

*16%

"

*24

16

16%

*12%

13

"12V4

25%

*22%

25%

*15%

■

25

>21%

24

*22

22%

22%

22%

22

24%

25

»22

Mar

20

19

July 21

4% Apr 27

——No par

$ Warren Bros Co
Receipts

1

*%
-v:

Aug

Aug

Sep

July 2 >
Mar 25
Apr 23
Jun 19

% May

16

5

Pictures—

Mar

66

Jan

3V2 Apr 23

100

preferred

57
66

July 10

31% Jan 20

6% May 22

No par

—

45

Mar

2% Sep

16% May 22

No par

118

57

19

31V8 Apr 17
13% Mar 23
2% Jun 22

Dec

39%

116

1

Jan

July
Aug
July

25% Jan

3

No par

Dec

Jun

111%

4

Mar 11

preferred

•

Aug

34 Va

19

Jan

37

120

No par
No par

25

8

Apr 29
May 22
Jun 24

21 %
6%
>> 16
97'%

A

.116% July 15
>41% Jan
6

2

Jan

•

*21%

Jan

22i%Jan
110% May
14

Good & W Ltd

Bros

1

24
26
70

preferred

17,500
>

May

18% May 26

par

preferred———100
No par

B

24% Sep

.57

—-—

Baking Co cl A

7%

300

Va

78

28

11% Mar

9

■

5

7/a

;

100
■

20% Aug

24

Mar

Sep 12

System

Div redeem

Ward

200

.

Mar

——

500

i

•

m

6

*73

■'/'

li

■

'y 5%

Va

Va

•

■■•

15

July 30

Walk (H)

/

3%

23

23

75%

'

♦Va

*%

■

CM (N

75%

5%

5%

•

'

% >

-

•

;: ''

Dec

50

1,500

V t

•

2

2

8%

55

4,600

'

16
i

334

Waldorf

Apr
Dec

31

15 Va

30

Walgreen Co
-------No par
4%% preferred with warr—100
Walworth Co
—No par

■'

371%

16
••

3%

*3%
*■%

3%

Wabash RR

300

1,200

4Va

;>37%;

16

3.6

16

3%

102 Va

4

^!/8

I

15

100

$1.25 preferred——

4,300

'

:

;

7%.

18'A

*97%

-.

*3V4

•

18 Va

38^

37%

/37Yev>

*15%

3%

24%

6

3

_25
—
25
—100

-

%

29% Feb

20% Jan

112% Jan 12

No par
pfd—.100

5ft

Vuttee Aircraft Inc

1,800

7»/a

$6

Coal & Coke

preferred
1
Vulcan Detinning Co—

3,600

*97% 1021/8

3%

3%

37'A

37%

8%

.

Pow

&

Preferred

22%

23

2

19

—5
No

;

6%

ia

22'A

'

18%

*17%

*97%,102'/a

3%>Z

3%

37%

28%

;//>'■■

Sep

May

20

100 ;>/ 55

Virginian Ry Co—

/'/>.V6%

.

24%

24%

Va

Va Iron

100

V *71/4 '•71%./

7%
18 Vs

"

18

130
310

80

% Sep

140

6

Sep
Jan

64

Nov

Jan

7% Jun

—.5

100

pref-f

1/

>

130

150 Va Jan

24

Jan

16%

May

43%

Aug 31

Jan

1%
62

% Jan
22

;

5

Chem

:■

I 4,600

El

Apr

6

1%

14 V4 Jun 25

,

div partic preferred——100

>>>■

//80>::

22V4

-

6 ft

18

-

142

2.50

Chemical Works—

Va-Carolina

2,900

26%

*122%

8%

22%

24%

*7'A
•

102 Va

*97 Va

3%

241/4

7%
18%

>

80

8%

22

22

22

*17%:

/

8%

;•:;>> 8%

Ve

22

H5V2

54

100

—

28%

130

*122%

s

Victor

900

>

5

12

14% Jan

May

Co—

26 V8

*17

/

28%

*79

80
130

*122%

2

33%

July 15

No par

& Pac Ry

preferred

300

V

20%

*1%
115%

26Va

28%

5%

Dec

Feb

41

——100

preferred

1st

Vicks Shreve

75

32%

>

18

7 %

Dec

42 Va

\l Jan

12

No par

————

Corp of Am..

Vick Chemical

64-

20 Va

•f'

115 %

%

18
*26

28%

*79

80

102 Va

*15%

28%

130

115

18%
26 Va

>

">

2 ;">>

33%

33

116

18
*26

28%

*77%

7%

>>.37

21

1%

1%

32%

*115%

18

*122%

18

3%

3%
37

:

■;./■•

24%

V

*56

*20%

20%

32%

26%

28%

22.

*7%

•

18 Va

*36%

/

24%

24%

7%' >

17%

>:

*21%

22

24%

*97Va

82

.■>'

115%

17%
*26

>>

130

8 Va

*21%

Va

*77%

:

31%

28 Va

*122 Va

82

130 /

1%

115

27

20 % ;
>>/ %%'

20%
31%

1171/a

)'«

9

25

share

per

Dec

19

f

..100

Van Raalte Co Inc————

> 33 Va >33%

75

:*56

1%

*115%

pfd

Van Norman Mach Tool

24%

64

*50

75

20%

241/2

V

64

Vanadium

*81/2 >; 8%

*50

*56Va'

17%

28

117 Va

16%

•

>>33%

*33

*51

J

161/4

1st

%

1 Va Sep
44

Highest

$ per share

share

100

-

Year 1941,

Lowest

v

Preferred

25 %

8%

*115%

*24V4

24%

75

32%

*26

.

*8%
•

64

:>"/

116

*17%

y.

27

■

1%

■

>

*23%

,

*56%

21%

>1%
31%

32%

*115%

75%

*19%

20%

*1%

16%

*50

64

•>

16

33%

<

24%'

V

117'/a

*33

33%

'

>53%

24%

per

par

No

Sales—

Vadsco

■*% » M

%

>24%
15% V 16
•>Z 8 Va ' : 8%
*23V4' '24%'!
*24 Va

25%

$

1

Tob_

Universal Pictures

share

% Apr 15
34% May 20

Universal-Cyclops Steel Corp
Universal

Range for Previous

1
Lots

Highest

% May 25

No par

100

53%

per

100-Share

-

—5

preferred

560

12%

53%

>

*144

*144

*144

*144
*148

160

•

of

1

Stockyards Corp*.

conv

Basis

On

Lowest

share

'

52

Range Since January

STOCK

YORK

EXCHANGE

the Week

1%

%

V !'

*43

50

53

12 Va

52

">12

%

%

*%•:

Va

;

per

$

1 Va

1V«

NEW

Sales for

Friday

Sept. 25

Sept. 24

1%

l'/a

45

*41

45

t per share

1 Va

n

Va'

*41

45

$ per share

Thursday

$ per s)iart

Sept. 22

share

per

Wednesday
Sept. 23

Tuesday

Sept. 21

Sept. 19
$ per share

STOCKS

PRICES

HIGH SALE

LOW AND

21

2% Jan

9
26

120

Jan

Dec

95

Aug

Dec

18%

Jan

8

Dee

15 Va

Ap*

1%

Apr

3%

Oct

0%

Name changed from General Theatres

Equipment,

n Nev

THE COMMERCIAL & FINANCIAL CHRONICLE

1128

Bond Record

New York Stock Exchange

«»
FRIDAY

WEEKLY

-

the

Low

'Sold

Low

Treasury 4%s___

116.2

Treasury 4s_

J-D

*106.21 106.24

106.26

108.27

Treasury

m-a

108.30 108.30

108.30

110.8

try

Trea sury

Treasury

Treasury
Treasury

Treasury

Treasury
Treasury
Treasury

Treasury

Treasury
Treasury

Treasury

Treasury. 2 Vis

Treasury 2Vis...

105.20

*107.12 107.14

J-D

*108.5

V

J-D

..1962-1967

;

M-S

...1951-1953
_„1952-1955

'

'i.'y

*•

.

.1954-1956

Mar 15 1948-1950
Dec

...

''y'yii'-''■■

....

*105.6
>

'

!

•

Treasury 2s__

2s

Treasury
Federal

*101.5

J-D

3'As
3s

■

'

104.4

l'/as

100.8

100.7

1951-1955

J-D

*100

-.1953-1955

J-D

*103.13 103.15

M

series

,

•

'

-

___1945

.

York' City

New

;

Issue—

100.20

■;

6s__.._>i-1942

J-J
F-A
A-O

5%s__ 1———1955
__i.____.1962

gold

AExternal

f

s

AExternal s f 7s series

37

104.20

103.23

*103.12 103.14

103.17

104.25

103.19

104.23

J-D

*101.9

101.10

102%

J-D

102

102%

(•v,;:'vy.Y,

f 70

*

>39

A-O

*39

98% 108

."

•;■*.

M-S

series

1st

1969

,

>

A O

,

ms

*37 ye

14%

j -j

C_Ar___1945

14%

j-j
J-J

-w

r

'

AExternal sec s f 7s 2d series—.1957

A-O

14%

•15'A

f 7s 3rd series__1957

A-O

*14'A

15'A

AExternal

sec

s

series.

S

f

•

AAntwerp

27

27

J-D

(City) external 5s__
1958
(National Government)—
f external 4%s—;
.1948

S

15

,

>69

S f exti conv loan 4s

10%

7s

A-O

1948

J-J

.1972

15%

10%

..

14

.

15

15%

10%

5

14%

10%

18

*11

1945
1949

-—

——

tCommonw'lth)

Australia

External

of

5s

External g

5s of '25_1955
.-_-._1957

1927

4'As of 1928

1956

_

V.2.

External
External

s

A Jugoslavia

•

14%

18%

29%
95

71%

i

s

AExternal

80%

.71%

.■70%
72

J-J

%

33

65%

74%

71

61

6&

74%

73%

21

38

7,

76

66

85

82

85

>

A-O
A-O

M-S

71%

7.1%

73%

18

38

76%

M-N

65%

65%

67%

28

36%

69

83

100

83

100

3

83

100

32%

32 %

33%

117

22%

36%

1957

A-O

31%

31

31%

30

18%

34

1957

A-O

31%

31

32

29

18%

34

--1952
___1957
1958
1950

J-D

31

31%

16

M-S

*70

M-S

62

1976

F-A

62 >/4

1976
1975

A-O

64

1984

J-J

1960

A-O

106%

106'4 106%

11

103% 107%

M-N

101%

101%. 101%

66

100% 102%

100 »/4

100% 100%

41

98% 100%

J-J
J-D

1941

J-D

99% 100

M-S

99% 100

99%

>

stamped——•:
External s f 4%-4%s—
Refunding s f 4%-4Vis
External readj 4%-45/aS
External s f 4%-4%s

external

2%

f $ bonds™

s

5s

30-yr 4s

—1952

-A

.1945
1961
1944
1967
-1968

2Vis
25-year 3 V4S
7-year 2'As
30-year 3s
30-year 3s
10-year

ACarlsbad

19%

"

34%

M-S

*68%

37

F-A

*65 .7,

36%

70

44

8s

71

71

71

-

67%

■

1 A-O

A6s

.62%

56

64%

62 %

1

56

66%

63 %

66%

.*44 Vi

7

64

65%

47%

M-N

I

57%

67

59

22

68%

,

43

■A

49%

A Exti

fund

sinking

Feb

ARy external s f 6s
A6s

assented

A 6s

98

19%

19%

~1

15%

fund

18%

A-O

19 %

19%

19%

?:•:: 4

13

A-O

18%

18

18%

21

1961

5

5

19%

62
78

6%s

1959

7s

1952
1959

-

A6s

New

F-A
a-o

—1943

series A

South Wales

External

f

s

5s

Norway external 6s

1944

External

6s

External

sink fund 4Vis—______I956

External

sink

—

'_

sink fund exti loan

Municipal Bank exti s f 5s—_—1970

A-O

82%

5%

7»A
5%

2

5%

7%

20

5%

7%

6

5%

5

7

,/

2.

■•.'i

'n.

7%

•

,6.7

7%

•

15%

16

10

9%

16

16

10

10%

17 Vi

85

85

1

75

85

70

80

:

;

*80%

78Vi

78 Vi

17%

44

79

>80

u

97%

63

63 'i

59,' *t 59'

•

59

59

*56

59

»
"

'53

6

.

63

51%

59

50%

1

59

50

52 %

51%

97%

2
•••*

69

52%

96'i

84

5'

86

83%

v.-

—

66%
59

83%

48 V

85

*90 %

60

'27%

52%

64%

"*55%

67%

*103

103%
13

13

65

57%

65

57%

■'

70

67

67

68%

101% 104
15

14'/a

M-S

13

M-S

13

13

13%

61

7%

15%

J-D

12%

12%

13'A

55^

7

15%

A-O

12%

12%

13 Vi

56

7%

15%

8%
••

*8

A-O

—.—1966

APrague (City of Greater) 7%s_—1952
Queensland (State) exti 6s
1947

'

ARio de
A Exti

Janeiro
sec

(City of)

8%

8'A

A-O

17

A-O

7%

*8%

.

17

14

8%
17

5%

9%

J-J

9%

"9%

7%

10%

J-J

> 8%

8%

5%

10%

9%

16%

J-D

*15'%

J-J

*14%

15%

8%

M-N

*17'%

22%

10'/a

19%

>78%

78%

50%

79%

10

F-A

":

'

'■

16

A-O

•

16

f

16%

17

12%

21

.

16%

8%

14%

10%

18%

1946
1953

A-O

1968
1966

(State of)—
A 8s exti loan of 1921

F-A

1946

8s

6 Vis

M-N

15 Vi

J-D

15%

15%

5

10%

16%

67%

68%

6

62%

71

12%

12%

Rio Grande do Sul

A6s external sink fund
A 7s external loan

A7s

gold

of 1926J

municipal loan

1967

\

ASao Paulo

19%'

19%

19%

3

15%

19%

18

18%

V 23

13%

18%

A8s

19%.

19%

6

14%

19%

A7s

18%

27

J-J

18%

18%

A-O

18%
18

18%

26

18%

A 6s

18%

§ASecured

13

*17

17%

18%

12

13

18%

18%

1

13%

18%

J-D

16%

16%

9

12%

17%

A-O
A-O

1962

M-N

15

*15'%

24

8%

16'A

15%

11

9%

16%

1951

s

I

——.1940

7s

67%

18%

2

16%

16%

25

11

16%

J-J

42%

42%

1

32

42%

J-J

*30%

17%

M-N

29%

M-S

*29%

J-J
A-O

26 Vi

31

61'A

64%

31

25

34

6%

30

20%

29%
__

6%

64%

31

54'A

(Kingdom)—
A 8s secured external.
.1962
A 7s series B sec exti—
—1962
A Silesia
(Prov of) exti 7s„
1958
A 4 Vis assented
1958

66

Serbs Croats & Slovenes

4%

7%

M-N

*6'%

9

4%

J-D

*5%

7%

4%

7'A
6%

J-D

*5%

7%

4%

6%

F-A

72%

72%

6

40%

72%

77

4

M-N

18

1

13

18

17%

8

13

17%

12%

16%

16%

12

12%

17%

AExternal sink fund 6s

1960

M-N

*75%

14%

18 %

AExternal sink fund 6s

1964

M-N

*75'%

3%s-4-4%s

—1979

M-N

16%
*18

16%

J-D

11%

18 %

M-N

16%
*18

M-S

M-S

8s

8s

M-S

■

18

17

M-N

1960

(State)

J-D

18%

18%

18%

1961

Paulo

13%

13%

*19%

18%

1952
—1957
1936
external
1950
exti water loan.—^—
—1956
exti dollar loan...———.1968
(City of Brazil)

A6%s exti secured s f

5ASan

15%

*19%
18%

'

-18%

Sydney (City) s f
AUruguay

5%s——...—1955

(Republic)

17

~9

13

17

14

16

External

16

~6

11%

16%

External

12

15%

39%

48%

*17

exti 8s__—.1946

F-A

77

77

57%

57'%

77

73

($ bonds of 1937) —

readjustment

71%

57%

24

76

71%

—

74%

15%
*13

53%

59%

1928

Oct

1961

A-O

1927

Jan

1961

J-J

1970

A-O

bonds—

1133.

48 V4

48%

5

48%
36 %

48%

1

37%

48%

36

36%

126

29 %

37%

M-N

*54

56Vi

51%

57%

—1978

3-d

*53

57%

51%

57%

4-4%-4%s exti readjustment——1978

16

(Republic of)—

of




15%

7%

7'

A-O

J-J

J-D

5s

page

K

6%

%

6
.

M-S

1940
:

Santa Fe external sink fund 4s____1964

*19%

J-D

1962

see

6%

72

6

M-N
J-D

1958
A Stabilization loan s f 7s
1947
A4 %s assented.
1968
AExternal sink fund gold 8s—_1950
A 4%s assented
—.—1963
APorto Alegre (City of) 8s
1961

(Rep of) gold 6s
assented

18%

of

For footnotes

5

6'/a

M-N

18%

1960

f $

80%

e7%

J-D

1955

(Rep)

19%

A 6s

s

F-A
'-'ms
A-O
F-A

exti s f 5s ser A-1963
A Stamped assented 5s—
1963
Stamp mod 3%s ext to
1994
Ext sec ref 3%s series B
—1967
APernambuco (State of) 7s
1947
APeru (Rep of) external 7s
1959
ANat loan exti s f 6s 1st ser
1960
ANat Loan exti s f 6s 2d ser
1961

sink fund 4%s

(City)

12%

A 6s

external

.1965
.1963

fund 4%&

12%

J-D

assented

(Hukuang Ry)

8

(State)—

f 5s

s

13%

1961

7s__.

54

5

F-A

(City)

38

1961

Cons Munic

15%

*5%

J-D
M-N

.1958

ASec external s f

18%

—1961

A6s assented

.

5%

8%

80 »i

m-s
M-S

_1958

f 6%s

18%

M-N

6s

66%

■

1957

s

18%

F-A

1957

assented

>

69

14%

J-J

F-A

M-N

6%s—_

55

47%

19%

:

1957

AGuaranteed sink fund

Colombia

93%

13

A-O

AGuaranteed sink fund 6s

A Chinese

10

28

—1963

A63As assented

A 7s

98

18%

1963

A6'As assented

A Chilean

98%

18

1962

assented

A 6s

93%

18%

1961
1962

AChile Mortgage Bank 6%s__

ASinking

89

-

M-N

M-S

AExternal sinking fund 6s
A 6s

97% 101%
98% 100%

98%

.97%

M-S

assented

A 6s

97%

98 %

M-N

1961

Sep

—Sep
sinking fund 6s^

AExternal

14

*100% 100%

J-J
J-J

M-N

Jan 1961
Jan 1961

sinking fund 6s
assented—_.

A Exti

101 % 101%

J-J

7

J-J

6s_____Feb 1961

assented

A 6s

F-A

1960

assented

>2v.

62

„*G%<

.

external

A Sec
S

A 4'/is

26

1942

sinking fund 6s

AExternal

V::

1954
„_1945

(State)—

Minas Geraes

S A Poland
62%

1954
1942

.

9

71

J-D

-

1960

(City)

(Rep) External s f 7s
A7s assented

A Chile

y*

8%

:6%. .9%

*76%; 82

M-N

assent—1933

.1910—_•

l ATreasury 6s of 1913

AExternal loan 7%s__

(Dom of)

Canada

8

62

Q-J
Q-J
J-D
J-J

exti 5s of 1899 £—1945

(US)

APanama

Buenos Aires
A 6s

9

*60

(Colombia)

A Assenting 4s of

Oslo

3

1977

Sinking fund gold 5s_
Sinking fund gold 6s_
(Province of)—

9

7%

■>

=

7%

1960

Assenting 5s of 1899_.L______.1945

4s

<—1961

s 5s

s

t.vi-i.71

2

f 6 Vis of 1927

(City)

70%

A-O

1955

(Central Ry)

A7s

Brisbane

37

99%

f 7s—

s

79 %

99 %

§ABrazil (U S of) external 8s
AExternal s f 6Vis of 1926

85

*84%

9

(State Mtge Bk) 7sr—1957

AMontevideo

88

79 '/a

1955

f 6s

13%

65

*84%

V

(Republic) s f 6s series A—1952
exti 6%s
—I960

External

92%. 92%

1949

external 6 y2s

Belgium

6%

>66

M-S
J-D

—.-1964
^1968

15%

>11

>-A.

23

F-A
,

70%
70

8

17%

*15

'■< J-J

Irish Free State exti s f 5s

15'A

11

M-N

Feb—_—1972

S f exti conv loan 4s Apru»:

70%

32%

-10%

M-N

1971

loan 4%s._—.—

73%

61%
65

69

-—,-1949

paid-.
paid

part
part

A 6s

*

Argentine

conv

69%

61
.63

Greek Government—

*

5
6

.

>*

42

27

15%
15%

15 Va

1st

43

32%

i

14%

7: 14

>

25

25%

15 Va

f 7s

70

,59

:

72

*70

r__™1967

8s ctfs of dep_,

(Republic of)

7s unstamped—

;

A

:'s :

42

A-O

s

42

35%

>63 ;>, 73%

A-O

__—1969

(Republic) exti 6s
French Republic 7s stamped

■;".

■

■42.

1957

AExternal

"f-V •'

*70%

AAssenting 4s of 1904—
F-A

DLlJi—1945

48%

26%
22%

1

37 Vi

'72',

M-S

6Vis_„™-1954
V J-D
Mendoza (Prov) 4s readjusted^—.-1954
J-D
Mexican Irrigation—
S '■
A4%s stamped assented
1943
M-N

"■>

15

7s series

21

20

>

29

v-28

33%

„

101.10

101.11

14%

f

Vi

33

33%

A-C

AHaiti

*103.10 103.12

J-J

s

45%

45

45%

103.24

M-N

1945

7s series B—...

AExternal

3s

.

,

1942
..1940
§A2d series sink fund 5%s_____1940

A7s

m-n

,21.1980

Corporate Stock......

102% 115

,20

Finland

100.22

102.22

■■

--

83

100% 107

108% 108%

J-D

103%

68%

76
:.l, v/.'v

■■

>15

(Rep of)

5%s 2d series

100.6

100

!

'

;

100

,

75 Vi
*103

101.5

100.4.

__

100.2

*

76

24

AMexico

..

5 Vis

102% 102%

24

AEstonia

102
104.24

r;;

Govt. & Municipal
Agricultural Mtge Bank (Colombia)—
Aptd sink fund 6s
___i947
Aptd sink fund 6s.
>>>.l-.-_l1948
Akershus (King of Norway) 4s—^.1968
AAntioquia (Dept) coll 7s A
1945

,

18%

99% 101

*102% -.s-y:

*18%

A El Salvador

104.27

100.11

::v—"
.

*103.12 103.14

M-S

Foreign

...

12%

.

.

Transit Unification

2%

30

18%

£*18%

AMedellin

>>>

17%

*102%

F-A

Helsingfors (City)

—i___1944-1952
___1945-1947

...

32%

27%

*100
■

105.21

101
■

__

100.11

*100.9

*100.6

&

series A

3s

29

27%

A-O

:

101.21

103.27

■

■'

*100.5

_—.1944-1949

31

18%

26

/

A-O

5Vis

105.16

104.5

«

.

100.17

100.9

;

101.7

*104.2

3-d

AL-

>

29

101.17

103.27

M-S

Owners' Loan Corp—

Home

29%

25%

•'

.

8s ser A.1951

103.14

103.14

■'

•'

-

J-J

Mortgage Corp— 1
;
———_-,-_U944-1964

:

•

28%

•

J-J

SADominican Rep Cust Ad 5 Vis
§ Alst series 5%S of 1926

104.6

100.24

,,AU<

104.5

1949-1951

—

Farm

*27

.

25%

V

-

Customs Admin 5%s 2d series___1961

100.4

105.8

*104.3

,

1949-1951

...

High

25%

*27

if.

107.2 '

100

-:3.i
2

1949-1951

15

Jun

7-

105.25

106.23

103.6

1'

Treasury 2s

Low

'•

ASinking fund 8s series B_—™1952

107.7

106

101.5

....Dec. 15,

...

Treasury 2s_

wks

External

104.31

s1"

*104.26 104.28

■

M-S

15 1948-1950

NO.',

High

*27' •'

*16%

v

J-D

1953

External gold 4%s

102.18

Sept 15

Treasury 2s

Public

110.18

105.24

__

*100.29 100.31

J-D

2s___._

—_1977

109.31

106.17

1aL:

103.4

101.2

101.2

J-D

1947

,

100.11 100.14

,100.11

J-J

2s

1949

debt

108.16

.

106.7

*103.2

:

1949

4Vis

108.16
■

*106.14 106.16 \

'

■.

■

J-D

Treasury 2%s___

Treasury

'

>__
28%

M-N
M-S
F-A

1951
1944 ;>,•

loan

ACzechoslovakia

107.30

*103.13 103.15

> J-D

Treasury

M-N

Sinking fund 5%s

'

108.31

*106.24 106.26

M-S

__.L.1967-1972

Treasury 2s

™1953

external

"4%s
A

107.2

109.6

*106.5

M-S

......

Range Since
January 1

108.15 109.25

*104.25 104.27
'M'

3-d

M-S

2%s___

F-A
j-v

.External 5s of 1914 series A—

106.9

109

*109.23 109.25

m-s

Treasury 2'As
Treasury

110.17

107.16

*103.4

3-d

:

.

Sold

Bid & Asked

__

•

;

.,.1952

(Rep of)

§ADenmark 20-year exti

1956-1958
...

Rica

External

108.7

103

M-S

_.__„1952-1954

—

105.7

*105.5

M-S

.

•

M-N

..1947

7s
Cuba (Republic of) 5s of 1904

108

105.9

109.22 109.24

A Costa

110.28

107.29

110.12

M-S

i_1948

-

25-year gold 4%s.___.__._L

:r:

110.29

107.4
109.5

*106.30 107
*110.9

:

,

> 108.14

109.14

*110.17 110.20

ms

__^_1950-1952
...

107.7

*107.11 107.13

M-S

.1945

L..-

__

103.20

J-D

2%s___

Treasury

1

J-D

1949-1953

Treasury, 2%s___
Treasury 2%s___

103.20 103.20

.^1960-1965
A.

;

,

104.20

J-D

.1958-1963

2%s___
2%s—A,—,*.
2%S___ LA..
2%s___
2%s___

102.21

102.3

*102.1

J-D

....

Treasury

104

26

A-O

.

Treasury

102.21

102.21 102.23

A-O

..1946

ASinking fund 7s of 1927
Copenhagen (City) 5s

1

•

A-O

J-D

—...

Sale Price

.1947

Mtge Bank 6%s

ASinking fund 7s of 1926

114.14

Trea itry

Period

V:.-- ■

,5>

Bonds

Friday's

'

*114.21 114.24

Treesury

Ended

- or

-1

,.

Week's Range

Last

High

A-O
108.30

Exchange
Sept. 25

'Low
A Colombia

..1947-1952
—...—1944-1954
3%s__—
-.—1946-1956
33/as_.
—1943-1947
3 Vis
——____1943-1945
3Vis
—.1944-1946
3%s—_l_—_™-__1946-1949
3 %s
____._____1949-1952
!——__1946rl948
3s__.
__1951-1955
2"%s——1955-1960
2%s__
....1945-1947
23/is_
—__—1948-1951
2%s____
—__u™1951*1954
2%s
1956-1959

Friday
Interest

Stock

York

Week

1

January

NO,

High

New

Range Since

Government

S.

U.

BONDS
Bonds

Friday's

or

Sale Price Bid & Asked

Period

25

Sept.

Ended

Week

Last

Interest

Exchange

Stock

Week's Range

Friday

BONDS
York

Period" indicate in each case the month when the bonds mature.

the column headed "Interest

"

New

•

disregarded in the week's range, unless they are the only transactions of
account is taken of such sales in computing the range for the year.
.
, a
,
>; . ' '-<•;> ■> (• ; ;
;>.W,

"and

are

The italic letters in

Tret

YEARLY

-

Interest"—except for Income and defaulted bonds. Cash and deferred delivery sales are
week, and when outside of the regular weekly range are shown in a footnote in the week in which they occur. No
Prices

NOTICE

Monday, September 28, 1942

f-a

37/8-4%-4tV

conversion

exti conv

3%s exti readjustment
AWarsaw

(City)

A4Vis assented

external 7s

!

1979

1984
1958
.—1958

~6

54

60%

*45

52

41%

47

F-A

*6

7

4%

7

F-A

*6

7'A

3%

7

J-J

58%

59

THE COMMERCIAL & FINANCIAL CHRONICLE

Number 4111

Volume 156

1129

NEW YORK BOND RECORD
BONDS

^

Interest

New York Stock Exchange

Sept.

Ended

Week

Last

.

Period^

25

Week's Range

Friday

,

or

Low
Railroad and Industrial

J-D
•

J-D
F-A

1

65%

cons ,A.:5s_ —1943

1st

4s series B

•

/(

2

44%

1

100% 101

1943

.^—_

J-D

>

1948

1 >'r" > «J'

'

•>'

a-o

■

Albany & Susquehanna RR 3'As.—1946
3%s registered
Alleghany Corp—.
/
,
/

A-O

1944

60

.

F-A

•

T",

•

A-O

•

103

60

93

5s

modified—

5s

modified—

A 5s

.u.—

—

62

81%
85

J-D

92

>

■

Allied Stores Corp 4'As debs

1952

64%

>

107%

J-J

;

100% 104Y4

-

99%

59%
>

31

93

-

—wL

1966

J-D

108

MS

107

debentures-

3s_.J—.

107% 107%
;

V "■-:T>

-

*•

Type Founders conv deb- —1950

M-N

Anglo-Chilean Nitrate deb-k ^i.—1967

A

1st

106

109'A

144

> 105% 106'A

91%

100

61% '

Q-J
M-S

1955

F-A

101%

J-J

101%

A-O

111%

(Del).1957

47

-

60%

19

62%

108

27/'

•

87

Conv 4s of
Conv

34

47

60 Ya

Cal-Ariz

1st & ref

Atl Knox & Nor

100'/a

99% 102%

J-D

95

95

96'A

J-D

33%

30%

33%

42%

149

84

•*--

93

•61%

30

93 %

33

23

>-■>

63

100'
33 Va,

45%

20'/a

19%
» 7%.

10%

8

63 •>
20%'
8

1962

._

>;

l5'/a

24

18%

18%

11

18%

—1946

3

*112

110% 112%
62%

75

22

13%

22

18%

20

14

20

•18%

19%

12%

;—___1987

*16%

19

1962

*108%

registered..^

^

Guaranteed

■,

gold

_i

5s

19%

13%

14

%'106'/a

i

S f deb

Paper & Fibre-.- :
4%s (1935 issue).:

S f deb

4%s

General

93

gold 4%s.

103%

72%

-i

58%

78

95%'

80%

91%

•

.

,■

*105 %

104% 105%

103% 103%

102 V'4 104

;

r.

130

——..1992

Ref & impt mtge 3 Vis D__.—.1996

94%

,■

- :

49

91%

*...

•

83%

62 '
*

-

t

90%
>;

^.1950

•

85

v'V/.'.

91%

.'

(1938 issue)—.1950

Chesapeake & Ohio Ry—-

<

/

68

72%
57%

*80%

—.1948
.

83%

72%
56

•

Certain-teed Prod 5%s A_—

>

108%

107

'82
1

57%

•

Champion

875/a

-

83%

—.I960

A L 1st 4%s A
•1st 30-year 5s series B__4

*100%

129% 103%

126

103% 103%

100'/a 103%

104

..

i

7

109 %

j
i

'

111% 111%

>

100% 104'A

Refining deb 3s~~£:——-1953

:

111%

112

2d consol gold 4s

*118% 119%
*114

130 Va

•

100% 103 y3

Illinois division 3VaS

>,
f

63

104 Vi

74

83%

64

63

101

83%

82'/4

3Vbs

57%: 66%

4s

v

]

102};]

102.},]

102 §2

,71%

72%

63Vi

73

33%

33%

33%

30%

40

,

30

25%

33

*29%

102

registered——

1st

&

ref

114

13

v

23%

92

93%

85

90

90

81'/a

90

95%

97

90

97 >•

1949

94'A

88

94 %

78

79'A

73%

83%

67

67%

63%

72%

75%

76%

71

80

31%

32%

21%

34%

i—1971

.

/

.1997
1982

(conv)..—

Chicago & Erie 1st gold 5s__

116% 117

243

i

.

i.,(

116% 123

5

Chicago Gt West 1st 4s series A—.1988

66%

67%

61'/a

AGen. inc mtge 4%ts—2038

38%

40

33

tAChic Ind & Louisville ref 6s A..1947

33

33'/a

30

U '

ARefunding gold 5s series B
.1947
ARefunding 4s series C_
-1947
A 1st &'gen 5s series A..———1966

!|

A 1st St gen 6s series B___/.May 1966

:>

;

*

•

'

'f

-

•;■■■■

•

" *<V4"

;

♦

.<

1st

mtge gold

.

-'V

-V

.

•\ ./■

4>. •%/1

f

V'.,-'

,

4si—.-v.„___July 1948

52%

A-O

Stamped modified bonds—
1st mtge gold (int at 4% to
Oct 1 1946) due———July 1948

62%

59%

54 Vi

—,1995

Ref & gen ser D

(int at ,1 % to

I

Sep 1 1946) due———2000
Ref & gen ser F

Sep-1
AConv
v

(int at 1%. to

29

.

24%

39%

34Tb

28

44%

28%

30

30%

.29

154

.23% ,24%

,

24%, 39

.

443 ,./ -W%>42%

.

{

I
!

J-J
J-J

;

34%

48.%
53%

43%

JChlcigoNorth Western Ry~->
'

:T

|

2%s,debentures.——1956
debs.——1952
Consol mtge 3'As series F——_1959
Consol mtge 3s series G
1960
Consol -mtge 3 Vis series
1965

,

49

60%

J-D
A-O
J-J
A-O
J-J
J-D
A-O
A-O
J-J
F-A

Beth Steel 3%s conv

48

J-J

/

4s

95ya 100

J-J

stamped—«—
.1951
Battle Creek & Sturgis 1st gtd 3s—1989
Beech Creek extl 1st gold 3%s_._..1951
Bell Telep of Pa 5s series B———1948
1st & ref 5s series C——1960
Belvidere Del cons 3%s___—_1943
Beneficial Indus Loan 2 Vis
1950
v

45

48

72%

83%

:

A 1st

99%

f
>

96%

98

f

A 1st

JJ———-1961
:RR——-—-I960
A———July 1970
tABoston & N Y Air L 1st 4s——1955
Bklyn Edison cons M-3 Vis.-——--^1966
Bklyn Union El 1st.gold 5s.-,--,——1950
mtge 4Vis ser

102

:

105

101

,,-'•(

'•

>*102%"'—i""'"
*74

77<

■

*89

r

71

71

103

>:t'
«',/■;

,

-.i

>

>>,!,•>>/

102 Y4

A

1st lien & ref 5s series

B_—^—1957

74

v

79

85%
;

80%
"73

37

27%

}
;

91

74

103

27%

lOOYa

i

—

81

96%

97 '

*U4 3A

of

-.14

27%

107

109'/a

36%

;

// —
17

>

98% 108

»"

10

»

10

72%

88%-

88% 105
113

—

■

36 'A

53%
53

'.8%

85
>'

18

"•1%

34

32 %

35

35%

37%/;.

::

37

■

11

83/4

10Y«

81 Ya

81 Ya

>59

J-J

36%

34

20%

-

'

-22

32%

35

M-N

■35

M-N

*34

•

22%

35

25

34

35

M-N

23

35

22%

35%

23

36%

/

35%

22%' 35

42»/a

26

42 V2

14'/a

24%

>

23%

24%

J-D

23%

24%

13%

24%

J-D

.23%

24

14%

24

'■

M-N
F-A

3y8

3%
56

>

1%

56

28%

31%

29%

114'A

4i%

33

59

.78

,.,78.

1988

J-J

•3%

30%

iel/s

17%

40

59%

297

11

368

"

5%
5%

.

18%

31%

18

,

,

78

1,259
..

,

1951

-

Memphis Div 1st gold 4s

i
1951
& Southeastern 1st 5s_„1960
5s_—..Dec 11960

.

/>J-18.5->
A

4%

v-

4%

5

J-D

*69%

30%

*_-

t52/;.,.5X,i

68

>

55

63%

64%

59

68

49

50

45%

54

r-

<

>

.—1962

I Childs Co deb 5s—1943
}
Debenture 5s_.^
———1957
5s—t—1952
Cincinnati Gas & Elec 3'As..
i—1966
mtge 3%s__—..1967-

99% 102%

95

V

29

92%

96%

97%

98%

72

94%

99%

41%

27;

38

50

40%

13

39

49%

29'A

21

17 v >29%

,40
<39

A-O

,28%

28%

M-N
F-A

109

J-D

■

•

,109

?

*111

6

106%, 109%
109% 1U
102% 102 A-

M-N

gtd 4s_—j.1942
Cin Union Term 1st gtd 3%s D
1971
1st mtge gtd 3%s series E.——1969

F-A

j

Clearfield & Mahoning Ry 5s—i.1943

J-J

;

Cleve Cin Chic & St Louis Ry-

cons

105% 108%

94%

A-O

cons

16

12

!

95

98'/a

M-S

1st & ref 4'As series D—...

Cin'Leb & Nor 1st

47

.

J-D

'108% > 108
108%
"101% > 101% 101%

1st

5
80

M-S

J-J

i

17%
19

1%-

——

;
!

3%s series E

f A Choctaw Ok & Gulf

9%

66%

J-D

.

10'A

•

71%

J-D

J-J

f

<

384,

J-J

t

^

917 0;

•i7y«. 19..:.

_1963

1st mtge

>

10 i

2,544 '

*109%

M-N

108 y# 110%

..

*111%

110

'

112

10 Ya

5

60 %

17

M-N

gold 4%s—
1960
Chicago St L & New Orleans 5s__.^1951
3%s

'

30%

;

.

■

78

17

-

6

83%

53

70

.

63%
81%,

-

99

*99'/a 100

99%

'

.1993

71%:

J-D

General 5s series B____._,A,.

J-J

44 ■:

J-D

Ref &

impt 4'As series E.L..

■W

471/2

25

71 Ya

71%

85%

*78

47Ya

48

v

.

65

•

76

85

53%

44

52%

64'

266

86

42%

•

i

74%

'

Cin Wab & M Div 1st 4s___.

.1991

J-J

St LDiv

.1990

48

48

/

M-N

/

.'

5.

.

•

1st

coll tr

gold 4s.

J-J

Cleveland Elec Ilium 3s

California-Oregon Power 4s—-11966

108% 108%

A-O

Canada Southern cons

A-O

gtd 5s A—1962

Canadian National gold 4%s______1957
Guaranteed

gold 5s
July 1969
Guaranteed gold 5s__——Oct 1969

79 Va

!

J-J

79'/a

80

3

J-J

108

A?0

108

78

3

IO8V4

111% 112

■■

106

27

*

.

109 Va 109%
■

.

15
9

104
.

Guaranteed
>

gold 5s
...
gold- 4%s—
Guaranteed gold 4 Vis—
Guaranteed gold 4Vis
r_
Guaranteed

For footnotes

-

see

page




..1970
19551956
-1951

1133.

■

F-A

llPA

•.

J-D
F-A

M-S

11134

11

85
109 5/s

1073/4 112

Series

111%

--

■'

105

109

109

1

109'/a

6

103 Ya 109'/a

107% 107 Y<

13

llOYa

103 Y4 108

&

GeneTal
Series

110% 110%
'

Cleveland

IO43/4 108 »A
108-

64%

*64
<;

107

106 Ya 107

14

104% 108 3A

108%

■

-

'

4%

33%

.

>
f.

.

9%

A-O

A-O

33%
32%

}
1st mtge 3%s series F
...1963
} Chic & West Indiana com 4s———1952

I

1003/4.106

:>

>10%

A-O

.1955;

5s-"-—-——

34

2,598

>34%

—1927

ACertificates of deposit—
I:>/■• /;•::: '.
;
I Chicago Union Station—

t

.1960

Consolidated

53

stpd

5s

i
■

100% 1003A

"

10%
.1952

43A

>34.%

M-N

AConv

Gold

i

deposit—

Bush Terminal 1st 4s——

1st

34

34%

2,303

M-N

of

Income guaranteed

110% 110%

'

A Certificates

*:

M-N

MrS

j

16

82

96'/a

,82

M-N

.1934

is

> 4%. * >>4

A-O

| Chic T H

fByrlington Cedar Rap & Nor8 A 1st & coll 5s__^———

>

A-O

1934

43%

43

j-p

1957 :..,•'

Railways

Certificates

76

"

102% 103

F-A

C-—1967
Buffalo Rochester & Pgh Ry—
4 .'
Stamped
modified
(interest at
Buffalo Niag Elec 3 Vis series

16'/a

17%

M-N

..^1949

part paid——

75 V3

•

37

.

101 Ya 102%

M-N

Buffalo Gen Elec 4y8S B—1981

F-A

&

29'/a

34

531

108% 109 Va
*

J-D
,

?:

May 1 2037
May 1 2037
—_J

32%*" 48%

•

>

170

45

*41%

66%

>V—^ >

;

39%

25 Va

-

109

M-N;
y

45

"

44

4

deposit
§ A Refunding gold 4s_—
<

""

>38%

M-N

—11950

gold 5s_._

>

M-N

4%s C

$1%

33%

55
509

-

"

SASecured 4yas series A—1952

"

Debenture

>.'43Ya

J-D

ref

>295

"

'

,

M-N

1987

t A Chic R I & Pac Ry gen 4s

103

101

>

" 89 '/a

*70

r;— :■&>

J-J
M-N
F-A
M:N
F-A

Bklyn Union Gas 1st. cons gold 5s_1945
1st lien & ref 6s.series A—-4.-1947

44%

44Y8

J-J

May 1 2037

tSAChicago
25%

443A
45

102% 105%

>98%

A-O
y

>

'

&

AConv 4%s series A

102% 105%

M-N

mtge 4s series

A Inc

70

42

1987

—1936

ref gold 5s
A 1st. & ref 4%s stpd

r

43 %
-43 Ya

1987

A4%s stamped
§ASecured eyas...

98

F-A
M-S

1st gold 4%s series

1st

56%

67

"41

i 44

1987

stpd Fed inc tax

AGen 8s stpd Fed inc tax:

j

127 y3 130%

J-D
•

____1987

registered....

AGen 4%s

•

Big Sandy 1st mtge 4s—v-——1?44
Blaw Knox 1st mtge 3 Vis—
,—1950 V
Boston, & Maine 1st 5s A C———1967
1st M 5s series II
.i—1955

11

-

AStpd 4s n p Fed inc tax

,61

104% 108%

'T'A

.

10%

7%

''

•;>

^41%

•

J-J

J-J

gold 3%s—.1987
registered.
/1987

AGeneral 4s_.——^——.—-11987
4s

J-J

Bangor & Aroostock RR 1st ,5s——1943
Con ref 4s^—^——.^1951

-

6%

-

J-J

AGeneral
3V4s

44

J-J
•

A Mtge gold 5s series A_._—1975
A Conv adjustment 5s
-Jan 1 2000

}

M-N

;

.

36

"34

9%

'Mvz

AGen 4%s series F
May 11989
JChic Milw St Paul & Pac RR—
./•
•

i

|

F-A

Pgh L E & W Va System— ;
V
Ref gold 4s extended to—4-1951
;
S'west Div 1st M (int at 3 '/a %
to Jan 1 1947) due
1950
Toledo Cin Div ref 4s A
—1959

39%

.

M-S

1946) due——44
1996
due
—Feb 1 1960

24%

«

•

26'A

9%

,,

iff Chicago Milwaukee & St Pa:ul—'
I / AGen 4s series A———May 11989
f
AGen gold 3 yas series B__May 11989
j
AGen 4%s series-C-——May 11989
I
AGen 4 Vis series E_
May 11989

"

M-S

4;
•

30%

33%

J-D

38

28'
;

65%

>

to Dec 1 1946) .due

? 8%
9

68%
45 '

.

30%

32%
27%-30%

Chicago Ind & Sou 50-year 4s—1956

s

59 y4

A-O

Ref & gen ser A tint at l% to /v-4\4/
>■44/ Dec 1 1946). due——ju
-1995 ? ( J-D
V vRef & gen ser C (int atd'ASfe
,
.
>
'

%

^..1977

5s series A

mtge inc

"93%

93

•

...1958

—

Chicago & Eastern 111 RR-—
AGen

106

121%

114

23%

..1949

1st & ref 4 %s series B

•95% 100%

104% 104%

M-S

/

I

IOOVn 100%

100%

118

119%

.—1949

registered—..

General 4s_.

r

94% 102 IS

*22%

Illinois Division 4s—————1949

{'

; 71%

—1949

-

22%

_____1989

A Chicago & Alton Rr ref 3s

*102% 103

J-J

-

;

'1031/4 103%

■9 83%:

M-N
M-N
J-J

II

104'A

Chicago Burlington & Quincy RR—

noi

J-J

AtlwGulf & W I SS coll tr 5s__---_1959

R & A Div 1st cons gold 4s

97% lOOYa

J-D
•

t

104

1996
1946
1989

111%

M-S

May 1 1945
—Oct 1952
Atlantic & Danville Ry 1st 4s
__1948
Second mortgage 4s_^-„__»—i__1948

104%

Ref & impt M 3%s series E_.
Potts Creek Br 1st 4s

110% 112 y4

-'■

J-J

10-year coll tr 5s—;
coll gold 4s___

fy

7

'

> J-J

L & N

104%

111% 112 ■/-e

■

J-D

1944

v,

104 »/B 104%

104%
■"> *'

-

___1944

7

101
101

J.

111%

-

M-S >/:'

1st gold 5s_i.—i«Ll946

Baltimore & Ohio RR—

,

7%
23'A

i

88%
44

104% 104% '

•

J-J

4%s A___

i •!>>•' '«.«*• •>

J-D

1958

.

Atlantic Coast 1st cons 4s__J._July 1952
General unified 4V3S A—
.1964

.

'

8

3

23%

lACenl raL RR & Bank'g of Ga 5s—1942
:.■
:•""• /'>/

r/]

106% 112

98

-

>94%

100%

>;i; 7%

t

100

.

'29

-

55

100

1959

;

100% 106%

>

99

v

111'A 112
*91'/a

J-D

1960

1st 4s___

Atl & Charl

Atlantic

100

12

-

gold 4s—1951

Central N Y Power 3%s

j

69 Ya

56,

/

101%

101%

93

J-D

.—..1955

1905—u.

100

V

"

1955

gold 4s of 1910—

Trans-Con Short L

50%

J-J

( Central Pacific 1st ref gtd gold 4s_1949
/■:/> Through Short L 1st gtd 4s.--_.1954
•

99% 101

101

>••'

> M-N

106% 108%

3

,.V>

50

v 5s registered——1987
AGeneral 4s
.1987

/

103% 106%

>

-

30

*100

Nov

Adjustment gold 4s__.*.__-__
Stamped 4s._.._——....
Conv gold 4s of 1909

8

1013/4 1013/4

71%

:

Atchison Topeka & Santa FeGeneral

107'/a 108

\

101

•

92%

:46%

■

5s 1964

(Del) 4s B_.•

sink; fund 4s series C

/">

,:

—1995

JAnn Arbor 1st gold 4s—
Ark k Memphis Ry Bdge & Term
Armour & Co

Jan

\

>

59

;

"

100% 101

•''"

_

J-J

'

Am Wat Wks Si Elec -6s series A. —1975

—

89%'

47

,11-

95 y8.

20%

-4s

'

Am

—

7,7

70%

105 3A 1083/a

153

1067/a 107%

'

81%

JACent New Eng 1st gtd 4s—1961
t A Central of N J gen gold 5s—1987

105 Ya 108%

38

'

101

A-O

107% 108 '/a

V

■

•-'•

34
42

583,4-

-

99%
105'/a

'

F-A

Central Illinois Light 3%s—^---1966
r.

101%

•

•

> ■'

57

-

■■*•.

72'A

89%
103

.

74%

"v
'

107%

39

89'A

"

1959

AMoblle Div 1st gold 5s

101% I04y4

32

99'/a

>

58%

;

.

1945

& gem 5 y3s series B

A Ref & gen 5s series C
AChatt Div pur money

]

105% 108%

-

214
•

/>':

M-N
•'

-

mtge 5s_———————Nov

A Ref

a

>■:

>;/•: 17

103'/a

■

62

10

94'A

88%

§AConsol gold 5s————-1945

t

.

/> '■/:■;.

.

A-O

debentures—-.

68

-

' >; i2'

74%

103

99%

/:/

60

•

64
59

A 1st

:

72 Va

103

■

76%

51

-41

12

107% 108'A

'74*

M-N

63

9

-

94

-:;>

M-S
.

99%

56

fCentral of Georgia Ry—

[

'

103'/4 104%

'

M-S

>

•

28

103 >A

1961

3'As

deb

.64'%

'

L__^

debentures.—...—

Tobacco Co

64%

MS

■

conv

3'As

Amer

- -

52

2030

—1949
5'As
American Telephone & Telegraph Co.—

conv

•

56%

,1949

Foreign Pow deb 5s——_
5'As

Am Internat Corp

72%

56
51

F-A

.

Amer I G Chem conv

3s

•71%

56 l/a

52

A-O

Allis-Chalmers Mfg conv 4s
&

.71%

67

A-O

,—1950

Income^.

Alleghany & West 1st gtd 4s..-—

Am

:

A-O

—

—

J-J

Celotex Corp deb 4%s w w—
1947
A Cent Branch U P 1st gold 4s_-—1948

90

78

'

272

89% -90%

w w——-1950

99%

High

108% 111%

93%

"•

89'/a

:,

71%

105 Va 105Va

•

January 1
Low

2

■

J-J

4s
1981
Celanese Corp 3Vis debs_——1962

:

modified

.

Range Since

Sold
No.

70%

J-D

Ohio 4s——-1965

Corp 5s

Cart & Adir 1st gtd, gold

55

1'

:y;\ " /

n'

/

Carriers & Gen

.

63

■

5s

__1954

4%s————^.1960

Carolina Clinch &

103%

54

5

'

trust

993/8

J-J

ISACarollna Central 1st gtd 4s_—-1949

i

-

104 Ya 106Y4

'

2 />

92%

*89%

•/v'.

...

**6
••-■••2

•

*

60

92%

>'/

^

'"•/

:

61%*r 61%**.

Collateral

70 3/8

M-S

L..1944

Bonds

High

111% 111%

J-J

>.1946

—

equipment trust ctfs—
Coll trust gold 5s__

I

.

'104% 104%

106'/a 106'A

'

A-O

4%s

5s

98'/a 101
106%

,-C"

*103'A 103%

j-j

•

-

■:

■

.

Friday's

or

J-J

102

■

;*1Q4% 104%

•.

*>; j-d

Alabama Power 1st mtge 3'As—, —1972
Albany Perfor Wrap, Pap 6s.i.-.L> —1948
warrants, assented,,

i >•>".

.

Coll trust

<

100% 101 Ye

4

,

.

*105% 106%

/

Last,

Sale Price Bid & Asked

Period.

/

;

Canadian Northern Ry deb 6%s—1946
Can Pac Ry 4% deb stk perpetual—

62%

101% 101%

101
.v''

Week Elided Sept. 25

/

.

Week's Range

Friday
Interest

New York Stock Exchange

,

Low

72%

49 y8

''

Ala. Gt Southern

with

69%

49
'*'

M-S

1948

,

69%

J-D

—1946

6s

No.

j

1

v

10-year deb 4y4S stamped—
cons

High

Range Since
January 1
Low
Nigh

'

Sold

'

; Coll trust 4s of 1907.^-.—...—1947

1st

Bonds

Companies

tAbitibi Power & Paper§ A5s series A unstamped.....
AStamped'
Adams Express>coll tr gold 4s,;,',;
i

BONDS

-■,;•

Friday's

Sale Price Bid & Asked

B

Pittsburgh RR^-

4'/2S

series

:.._.1942

A-O

1942
.,.—'1948
_-_.__._._1950

A-O
M-N
F-A

B..^.

3%s gtd..

3%s gtdj.
Series D 3%s gtd.
C

*99%
-*105

..^.1981

F-A
J-J

Cleve Short Line 1st gtd 4yaS_.-L.1961

A-O

69

Gen &

ref 4%s series B__

...

1977

106%
108

108

105

*10o
*105

General 4'As series A

:

108

107 Ya

*105

69

63%

83%

'■

i

THE COMMERCIAL &

1130

25

Sept.

Ended

Week

Interest
Period

Stock Exchange

Last

or

Low

1st

s

1st

s

1972
1973
.—1977

f 4%s series C

J-D
F-A
A-O

1st gtd 4s
Fuel & Iron gen s f 5s

Coal River Ry
Colo
5s

mtge

income

1980
Columbia G & E deb 5s
May 1952
Debenture
5s
Apr 15 1952
Debenture 5s
—;
1961
Columbus & H V 1st extl gold 4s__1948
Columbus & Sou Ohio El 3%s
1970

1955

68 VA.

114

63%

71 Va

61 Va

66

58 Va

66%

87%

*83%

—

91%

90%

91%
91 Va

9

86%

191

85%
•t

-

85%
109

'

.

28

Hudson
Hudson

Co

102

Hudson

81

'

78% 101 Vi

,

2

108 %

109
106

deb

AAdj

May

1968

J-J
A-O
J-J

1st 4s——1943

Riv

Pasump

&

4%s_„——1951
1951

Stamped gtd 4Vis

1961

f 3%s A

Conn River Power s

v.;-.

' .■*"**.

109%

Central RR—

~1
3

109% 109%

109%

F-A

108% 110

gold 3%s

1st

trust gold 4s

Collateral

3 Vis

debentures

3Vis

debentures

108% 110 Va

Purchased

3%s

lines

debentures

3Vis

Oil conv

Consolidated

1954

$AConsol Ry non-conv deb 4s
A Debenture

4s

Coal

Consolidation

1st

mtge 3Vis

1st

mtge 3%s

1st

mtge 3 Vis

1st

mtge 3 Vis
Co 2V/4S s f

Crane

Vi

109 %

108% 110

Joint

1st

31

108% lllVa

1st &

ref 4%s series C_—

13

106

109 %

34

31%

34%

90

31%

94 Va

37%

Inspiration Cons Copper 4s

33%

Interlake Iron conv

30

7

'

F-A

49

2

43

54

95

79

79

63%

63%

56

64>4

Va

49%

48%

49%

357

40%

52%

45

46

177

37%

47%

76%

82

66 Va

82

23%

24%

19%

27%

51%

542

59%

Debentures

61%

92
27

*108Va 110

108 Va 108 V#

■■

102% 105 Va

14

104%

104

104%

'*-•*»

.

102 % 102 %

4

99% 102V4

101 Va 101%

25

99% 101%

27%

J-J
A-O
J-J

27%

34%

21%

39 A

105 %

2

107% 107%

104

26%

5Va

1%

35%

121

103 % 103%

10

103 % 105

105 %

14

104% 105%

34%
•

105

105

94%

<94%

M-N

29%

11%

417

29 %

3%

4%

96

85

2

94%

A

90% 101

*91

F-A

94%
59 %

211

35%

59 %

J-J

58%

1955

F-A

60

60

61%

203

AA 38%

>1951

—

1st & ref 4s

58

M-S

2

2%

16

l/*

49%

50%

85

43

53%

93%

94

2

93

97 Va

82

88

40

63%

1952

2%

61%
,

2%

104% 105%

4

5s

101%

M-S
.

1947

6%s

Cent Ry

tAIowa

106% 107%

—

ref

&

& Teleg deb gold 4%s

Int Telep

101% 101 Va

101 V'a

:

56%

>24%

11%

1972

Cent Amer 1st 5s B_:

lien

1st

103% 106%

106

82

J-J
J-J
M-S
A-0

105 %

•

108%

Vi

2lVi

22%

1,028

10%

22 V2

.21%

21%

22%

171

10%

22%

4%

4%

5

123

1%

21

50%

J-D

Laughlin Steel 3%s__—..1961

&

Jones

A

5

1959

Frankl & Clear 1st 4s

James

A

J-J

7

6 Va

87

.

*110%

K
1

36

101% 106%

32%

32%

32%

% 3

■

18%

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17%
-

83%

83'%

vi

*108'/a

—

14

110% 110%

^ J-J
J-J

40

5

15 Va

&

A

5s

Apr 1950

Kansas

20

City Term

1960

1st 4s

1987
—1961
——1961

Kentucky Central gold 4s—
Kentucky

& Ind Term 4%s_

Stamped -A——

31

Plain

108% i:0%

102

J-J

*149

154

J-D

*101

101%

M-N
.

150

5
29

A-O

A 58%

91%

150

86%

54%

327

45%

1997
——1954

106

10

1st 5s
ref>6%s——_——1954

&

V

:

J-J

1959

J-D

'97 %

97%

M-N

1943

107

98

*60
v

<

VA1 1
25

•

—

'.

72

72

17.

•15%

__

13

72

Laclede

95

Coll
Coll

108

."

1974

?■:

M-S

16

i6 %

—w

tFonda Johns & Glover RR-

17%
16 Va

97 Vi

105

£>

Gas

&
&

ref

M-N

.

'V, 4Va

4%

3%

4%
1956

J-D

1956

:

88%

5%s

?.'(

i

'

M-N

81%

65%

A57%: 73

A

5%s series

—1945
1953
1960

ref 5%s series

C_
D_—

3%. to

&

Mich Sou,gold 3%s

—1975

reg

8%

17%

7

7%

16 Va

.

4.V4

v'A 3a

2%

Lehigh & N Y 1st gtd.gold 4s__:—1945

4 V4

■■■;'. 11

102 Va 102 Va

-■"••5

100

18

69

81 %

83

1%

4%'v.A
4%
102%

Lehigh Valley.Coal Co—
^

.

"A

stamped-.—'
fund 5s

5S

fj'/i'.'v.

110% 111%
80

86

90

90

83

84

*84 Va

*160

—

104

J~2

104

106 Va 106 V8

4

106% 106%

■

1%

1%

A

105% 106%
103% 106%
98

3 V

100% 101

101

102

A

1%

%

5

1%

106%

101

10

w

43 Va

40%

89
95

*90

100

100

A-O
F-A
F-A

"187 Va
87

88 Va

100

98

12

100

88
88

/

153 : VA'72: A

89 Va

72%

89%

95

28

88

*97'/a

98

'82

82

*70%

80

'48

48 Va

j

76

77%

74%

74%

77

J-J
J-J
A-0

97%

75%

84

35

A

88

72%

3
—

20

'

34

48%

70

•

2

/

•79%

J

80

67

93

■93

V:■/, M-5
^

83

80 Va

21 A

:

79%

91%

96

67%

12 ::

1946

Grays Point Term 1st gtd 5s__—1947
1961

A

General 5 %s series B

80%

94

98%

Leh Val

54

14

21%

30%

31%

14

20

104% 105 %

67

93% 105'A

*93%

J-J

1976

*94%

J

J-J

J-J

__

J-J

.100%

A.V

90 Vi

95

108% 108 Vi

100% 101

98% 105

17

88

4

82%

82%

J-J

82

81%

82

J-J

96%

96

96%

951/2

95%

95%

74

73%

74%

Gen

mtge 4s series H„_

1946

J-J

Gen

mtge 3%s series I——A.—1967

J-J

,

105% 108%

90 Vi

90

Lehigh Valley RR—
4s stamped
modified———^—2003

2003
4%s!stamped modijied——2003
4V2S registered———2003
5s stamped modified:-——2003
4s

6

Feb

1951
1st 50-yr 5s gtd—1965
ext 5s

79%

89

79

87%

Lex & East

103

93%

99%

Libby McNeil & Libby

73

92%

97%

Liggett & Myers Tobacco

50

69 Vi

79 Va

62

5%s B

1950

.

1st mtge 5s series C

62

2

57%

11

9%

11

188

7%.

11

A-O

92

91%

92

8

89%

1950

5s series A

A-0

1§75

Gulf Mobile & Ohio 4s series B

J-J

2015

J-J

1952

87

68%

J-J

53%

68

87%
Vi

53%

6

69 Va

16

54%.

99

86

95%

66%

92%
74%

46

59

92%

93%

Ship Island RR—

stpd—

f 4%s

—1961

Gulf States Util 3%s series D

1133.

1969

J-J

52%

-

M-N

A-0

M-N

*93

101%

101% 101%
110% 110%

V

74

80

85%
70
73

57
9

73

46%

33

'50%

53

84

71 Va

58

__

'<45 Va

33

73

42 Va

*
■

,

51

48

53%

101% 105
109% 111

1

29

38%

119

32

46

39%

38%

A-0
A-O

59

58

59

37

116

116

—_

122

3%S ext to—1950
Long Island, unified 4s
1949
Guaranteed ref gold 4s—_——1949
4s
stamped—i
———1949
Lorillard (P) Co deb 7s^
^—1944
5s debenture—
——1951
Louisiana & Ark 1st 5s series A—1969
Louisville Gas & Elec 3%s__
1966
Lou & Joff Bridge Co gtd 4s_——1945

A-0
M-S

105

M-S

111

115

''

121% 123 Va
105% 105 %
102% 105

105

*94
;

91%

—

96%

97%

98

34

92

98

97 Va

97%

M-S
A-0
F-A
J-J
M-S
M-S

117%
106

*99%
105

61

114

104

9

122

122

51%

12

*110% 111
■>;.

'

2

105% 105%

F-A
M-N

series A

34

40

34

M-N

J-J
A-0

Long Dock Co

40%

36Va

—_1951
—1962

debenture

36

29

32

4s—-—1955
7s—1944

5s

37%

26

340

34

31%

34%

M-N
'

26%

11
210

32%

31%
35%

—

65

Feb

B—.

F-A

,

75
58
58

;v

•72%
46%

97%

Little Miami gen 4s
AGreen Bay & West deb ctfs A—

*73

F-A

registered

Leh Val Term Ry

48

*73 Va

a

A"; 72

:'A 7

31%
94

37

1946

series G_

80

__

_1977

General 4 %s series E

F-A

■Lehigh-Valley N Y-4%s ext—i„ 1950

—1973

General 5s series C

Harbor

63

85%

*73%V75

„„

1974

-.A—;,

84%

—:

18

1952

General 4%s series D—

■•■■

1974
Term gtd 5s—--',-1954

stamped-^-^.-

5s

I'A, 99% 100

—

—

*83

84%

'——1964

97%

J-D
,

*99%'

—j.

stampedi-'—

5s-

■

F-A

1954
1st & ref sink fund 5s_——-1964
stamned

5s

16%

30%




j' V

Dec

-

—1954

96%

104%

For footnotes see page

__

108 '/a 110

49

*84Va

—1944

•

1st & -ref sink

17%

M-S

s

*110%
V *41

J-J
J-D

Lehigh & New Eng RR 4s A—_——1965

96%

J-J

M 5s

12

62 %

Ltd—

mtge Jncome

J-J

J-D

Hosiery deb 5s w w

ref Term

109 'A 109%

*T-D

1947
1997

;

J-J

Gotham

AGen mtge inc

.

Lehigh Coal & Nav s f 4'/2S A—_1954
Cons sink fund 4%-s series C-—1954

■>

J-D

—Oct 1 1945
t?AGa Caro & Nor 1st ext 6s
1934
Goodrich
(B F) 1st 4%s
—1956

1st

74

98%

58

A 1st

-

1949
—1949

tAGeorgia & Ala Ry 5s

ctfs

65%

;

'■ A:..

1st & ref sink fund 5s——

of Berg Co cons 5s

mtge 4s

101

109%

M-S
M-S
M-S

,1

%kregistered__l——1997*

•

Northern 4%s series

73%

■

"

.1982

(Proof of claim)..
Certificates of deposil

§A2-4s

Castings

64%

71%

72%

J-J

1

Light extd 5s—i

5s extended at

.

107%

536

•A

56%

Lake Erie & Western RR—

'

'

43

J-J
A

3%S———1961
3% notes—1950
ctfs——1—1959

■-

Lautaro Nitrate Co
107

J-D

64%

f' A-0

—

jAKreuger & Toll 5s

56%

97%

62%

J-J

1961

unguaranteed—

Kresge Foundation

93%

54 A,

96

44 A A;> 37%

70

91%

—

62 %

62

54'A

'103%

'

60

J-J

1961

—

——

104 Va

91%

J-J
J-J
M-N
M-S

1971

103

61%

J-J
AA J-J
i J-J

Koppers Co 1st mtge

155

56%

A-O

1st

99 Va 100%

67 %

66%

109

99% 103

104

104

M-S

■/.: '•■>•••
—1995

3 Vis

mtge

108

102

1965

Co—

*105

671

63%

•Vv'

95%

103%

4%s

' A-O

,

59%

63%

A-O
J-J
J-J

Southern Ry 1st 3s___1950

impt

88

61%
'

,

106% 108

-

25%

25

-25

80 Va

102

102% 102%

102%

32%

Ref

*83 Va

A-0
A-0

-

J§AK C Ft S & M Ry ref gold 4s_1936
ACertificates of deposit-——_——A

109 % 111%

__

1st gtd gold 4s—1990

& Mich

Kanawha

108% 112%

Kansas City

M-N
M-S
A-0

'

6

2

104%, 104%

J-D

1995
4%s

87

111'/a 111%

J-D

lien gold 4s 1995

7

86 Vi

7

M-S
J-D

1965

Gulf States Steel

49%

87

.1961

&

49 %

45%

gold 5s series C
j
—1956 A
Hydro El deb 6s__——1944 =
Paper 5s series A & B
1947
Ref sink fund 6s series A
1955

"

&

39%

J-D

Internat

*107%

M-S

1956

1st

5

J-D

A

Internat

3

Gulf

45%

169

33

78%

1st 5s

Nor

46%

«■

A 1st

Lake Sh

&

40

27 %

93%

*—

58%

A-O

series F

mtge inc 4 %s series A——2015
N Y & Erie RR extl 1st 4s
___1947

Gulf Mob

57

13

45%

45%

44

3%

1st cons gold 5s—-1995

ADebentures

58

53

42

J-J
F-A
J-J
J-J

33

19%

AGen

General

83

57

57

25

23%

3%

1st cons M 4s series B

Great

71

5

57%

26

86%

1%

stamped

Steel

81%

■•

56%

11

4

11%

1970

Gen

81%
*—

J-J

559

4

102

Elgin Joliet & East Ry 3Vis

Gas Si Elec

49

326

31

505

1950

A

38%

5 Va

92

264

deb 2%s._

1st

257

27%

36%

3Vi

Elec Auto-Lite 2Vis debs

Div

45 %

25

30%

Kings Co Lighting

Ohio

44%

27%

6

19%

Minn Nor Div 1st 4s
1948
East Tenn Va & Ga Div 1st 5s_—1956

Railroad

50
58%

44%

26%

36%

2%

East Ry

Erie

-'M-N
F-A
J-D

48%

AAdjustment 6s series A—-July 1952
A 1st 5s series B
1956

Kings County El L & P 6s

5s

39%

47

JAInter-Great Nor 1st 6s series A.1952

33

18%

4s

El Paso & S W

184

56 Va

J-J

35%

35%

23%

3%

& Tunnel

(NY)

49

55

J-J
A-O

28

106

J-J

—1961
1950
Dul Miss & Iron Range Ry 3%s___1962
t§ADul Sou Shore & Atl gold 5s—1937
Duquesne Light 1st M 3%s—-—1965

Ed El 111

47%

55%

A-0

25%

18'%

gold 4s

Term

Chemical

48%

A-0

1

A-O

1965
ref mtge 3Vis series G__-1966 :>
ref 3s series H
:
_1970

ASecond

46 '/a

M-N

1947

42

27

(subject to plan)—* F-A

impt 5s series B—Apr 1978

Detroit & Mackinac 1st

Dow

38%

1952

deb 4s

35%

32%

Int Rys

A J-J
J-J

JADes M & Ft Dodge 4s ctfa.*.
1935
tADes Plains Val 1st gtd 4Vis——1947

Detroit

49 Va

73

39%

91

M-N
J-J
J-J
J-J

Aug 1955

tADenv & R G W gen 5s

&

53%

39%

45

1950
1956
Ind Union Ry 3%s series B
._1986 A
Inland Steel 1st mtge 3s series F„1961

35

36%

J-J
J-D

,—1970

1969
gold 4s—1936
_—1936

mortgage 4%s„

Gen

42%

188

43 Va

1st gtd 4s_

JAInd & Louisville

29

J§ADen & R G 1st cons
§AConsol gold 4Vis—

&

136

44%

«

31 %

31 V'a

A-0

Union Ry 3 Vis series B—1965
1st & ref. 4s___1943
Delaware Power & Light 1st 4Vis—1971
1st & ref 4 Vis
1969

Gen

53%
48

1st gold 4s

& Iowa

Ind 111

26

101

38

—

1955

Dayton P & L 1st mtge 3s

Edison

51

F-A

35%

J-D

1946
.

Delaware & Hudson

Detroit

92%
86 Va

65

*30

' J-J

.—1963
1963

series A

ref 5s

23%

37

29 Vi

36%

34 Vi

107 Va 109%
'••;■ 99% 101%

11

91%

<91

—

18

101

—

Dayton

AAssented

*86 %

86%

86

90

*86 Va

J-J

29 Va

Publishing Co 3s deb

ARef &

90
84

*91%

108

D

1st

99% 102%

101% 102%

46%

1951

111 Cent and Chic St L & N O—•

>;;; m

101

32

receipts

ADeposit

21 Va

51%

1951

1st gold 4s

110

*109

101

J-D

to__—1946

receipts—:
series B extended to

A6s

8%

47%

.

107% 108

—

A extended

ADeposit

Curtis

Western Lines

110% 111

110
>;-v.

107%

J-J

1952

receipts—:

ser.es

s

Springfield Div 1st gold 3'As

96

107

*109% 109%

—

1st 5s gold—

ADeposit
A7

5

36

80

—

96

37%

23%

■

__

35%

26

1

37%

95%

48%

A-0

4%s
—1966
Cairo Bridge gold- 4s
—1950
Litchfield Div 1st gold 3s—
1951
Louisville. Div & Term gold 3%s_1953
Omaha DiV'1st gold 3s
1951
St. Louis Div & Term gold 3s
1951
A Gold 3%s-_
—:
—1951

23 %

•

37 %

36%

M-N

,

40-year

101% 105 Va

20

—

*37%

J-D

receipts—

ACuba RR

*37%

96

A-0
J-D

1942

5Vis

§ACuba Northern Ry 1st

ADeposit

106%

105 Va 108

\

M-N
M-N
M-N
M-N
M-N

1950
1955

debs

Steel 3Vis s f debs—

Crucible

106 %

103

1

103 Va 104

J-J
J-J
J-J

—1965
———1967
—
1970
—1966
1969

•1st mtge 3Vis

:

104

5

104

20

'

45.,

116%" 120 %

Co—

Power

Consumers

f 5s_

s

■

46

105 Va 105 Va

106% 106%

105 Va
—

102% 104%

8

104% 105 %

104%

J-J

.

—1955
1956
,—1960

4s

A Debenture

gold 4s

Refunding 5s___

.

35 Va

47%
21%

•46%

46%

J-J
J-J
A-0
M-S

,

—1952
1955
1952
—1953
1955

i

Refunding 4s

103% 103%

103%

A-O
A-O
A-O
J-J
J-D

___1946
__1948
__1956
1958,
deb 3Vis_—1951

101%

119

.20%

J-J

'44

119

119

A-O

1951
—-—-1951
—.1951
;
1951

gold 3s sterling

1st
■'

109% 109%

«,«.

M-N
F-A

,

•42%

43%

■

91%

6iya

102% 104 %

vaa:;-AAV

w

gold 3%s

Extended

.

—

Consolidated Edison of New York—
debentures

1949

,

5s A—1957

1st

98% 103

90

89

103% 103%

J-D

Feb 1957

Collateral trust

3'As

gold 5s_

income 5s

gold 4s

1st

•

*112
'

J-J
«.

106

15

108% 109%

109%

108% 111%

2

111%

111

J-D

1958

mtge 3Vis series I
Conv debs 3Vis—
Ry & L 1st & ref

1st

Gas

Manhattan

A

Bell Telep 2%s series A—-1981

"1st

1st

Conn

f 5s series A_—1962

s

Illinois

35 Vi

21

134

35

Commonwealth Edison Co—

Conn

1st

Illinois

_-._-.Apr 1 1969

w

w

Coal

122% 127%

101% 101%

m*m

maim

32%

High

108%

*111

34%

Low

NO.

High

109

18

109

108

-

108

,90

88

85

Range Since
January 1

Sold

126% 127

126%

A-0
M-N
M-N

—

t§AHousatonic Ry cons gold 5s
Houston Oil 4%s debs

84% 102

244

91

J-J

1944
1937
1954 A,.

Co 1st mtge

(R)

79%

451

91

1999

Hoe

15

— —

28

25%

27

Hocking Valley Ry 1st 4%s

'

101A 103%

6

Bonds

Friday's

H

—

101-ft 101A

or

Bid & Asked

Sale Price

Lorn

84

Mackay Corp—

ACommercial
'Income

75%

*103%

F-A

1st extl 4s_

& Tol

Columbus

36

61

61

25

Week's Range

Last

Interest
Period

Exchange

Sept.

High

78%

66%

68

M-N
M-N
A-O
J-J
A-0
M-S

series A

& South 4%s

AColo

Low

No.

High

Ended

Week

1

January

Stock

New York

Range Since

Sold

77

78

4-0
A-O
A-0

1945
1943
1970

gtd 5%s
f 5s series B gtd

Union Term

Cleve

Friday

BONDS
Bonds

Friday's

Bid & Asked

le Price

Monday, September 28, 1942

FINANCIAL CHRONICLE

Week's Range

Friday

BONDS

York

New

I^WW*!^ IV

98

28

91%

98

110% 110 Va

10

110% 115

119% 122%

*119%

105

77%

84 V3

81

47

109 Va 109

80%

4

108% 110

5

105

80

105

Va

105

Va

106

THE COMMERCIAL & FINANCIAL CHRONICLE

^Number 4111

Volume 156

Week

Last

Interest
Period

Stock Exchange
Sept. 25

Ended

BONDS

\V exit's Range

Friday

BONDS
New York

or

Bonds

Friday's

High

Low

N-»<

•

New York

Range Since
January I

Sold

Sale Price Bid & Asked

Low»-

Week

5s' series B

1st St ref

>2003

......

,

A-O r

.

1st & ref 3%s series E

Unif mtge

—-2003

.

3%s series A ext

104

St Louis Div 2d

gold 3s———1980
Mob & Montg 1st gold A'/aS—1945
South Ry joint monon 4s——-1952
Atl Knox & Cine Div 4s-_——1955

1/

Ref 4%s

series

93%

1st mtge

3%s extended to

80%

86 ya

6s;

10*

84

84
*__

*110

4%'s. series-A..

Gen mtge

106%

Conv 5%

84

80

91

\

.28

48%
51%

52

.

JAMarket St Ry 7s series A—Apr 1940

•

(Stamped mod) ext 5s__—
1945
McCrory Stores deb 3y4_——1955
McKesson & Robbins 3J/2S
1958

*11

N Y; &

55 Vi

53 y*

46

61

'

~

30%,

93%

93%

103

100%

99%

31

99% 101

63

65

50

60

65

79

6

71

83

107% 108

20

F-A

107 y4109

55 Vs

55

M-N

60

59

3-J

.-/'

M-S

39

1947

4s———.*.*

deb

3y2S—

deb

M-S

A-O

37

3y2s——

deb

4s»

ANon-conv

dfeb

4s—

—

,

'

56

42

60

%

27/

52

59

54%

*102

64

103%

100

/

38%

39 y4

78

19%

39%

37%

37%

11

20 Vs

37%

36%

37 y2

149

isy4

37y2
39%

3-J

1956

39 y4

38%

39%

156

19

M-N

—^>1955
—

119%

111% 115

103% 104%

M-N

1954

deb

116

3

111% 111%

M-N

.

>1943 /

ANon-conv

39 Vs

38%

40

118

19 y4

40

37%

A Debenture

certificates 3 V2s——1956

3-J

37%

37

37%

•57

19

AConv

6s—w——————1948

3-J

47%

47%

48%

389

23

1940

A-O

59%

59%

60%

84

40%

1957

M-N

9%

8%

9%

80

3%

9%

1967

3-D

43

44%

622

2XV/2

44%

85%

87%

62

73

87%

8%

969

2'/e

2%

148

44%

44%

17

111% 111%

7

deb

§ A Collateral

67'/a

4%

:

S.
26

117% HP

117%

-1947

Impt 5s

ANon-conv

107 Va

41

75

*8

106% 108%

'

108% 108%

J-D

1973

ANon-conv

109% 112%

.

*70

;

107%

A-O

>—1973

ANon-conv

95
105%

104

*112%

>:

}N Y New Haven & Hartford RR—-

101

68%

y

106% 107%

107%

57

65

A-O

2000

series A

4%.s series B——

40%

97

104% 104%

104%

93

99%

79

F-A

—1949 '

Harlem gold 3%s>—

N Y Lack & West 4s

100 y2

98

99% 100

,

69%

96%. 100

99

/

83

58

15

•

gold 4s

N Y L E & W Dk &

42

*99%

A-O
F-A /

4s——1938

f

43 %,

.'.fc'fti

.

85%

-

67

*23%

M-S

Metrop Ed 1st 4Vis series D—;
196G
Merop Wat Sew & Drain 5%s.—1950
JSAMet W Side El (Chic)

A-O
Q-A
Q-A
A-O
J-J

High

71

324

63 y4
100

'

:,?3Q/f/a-':

4s_

'■

79

48%

51%

M-S

67

100

...

A-O

—1966

-

Purchase money

y

Low

78

62%

A-O

—1947

1st lien & ref 3 y4s series E

108% 111%

83%

48%

M-N

■/Stamped

notes—-J—,

N Y Edison 3%,a series DA;>—1965.

91

W

,

:

w

83

3-D

76y2
100

J-D

N Y Gas-El Lt H & Po\y gold 5s>^1948

1959 /.y/yM-N j.
tSAManitowoc Qreen Bay & North- ;
western 1st gtd 3
---t-1941 • /-.
3-3
Marion Steam Shovel s f 6s
1947
A-O
Manila RR (South Lines)

debentures^/—>u—^--^-1950

N Y & Erie—See^ Erie RR

3-D

•

—I960

Sugar :4s sink fund—Feb 11957
A Manila Elec RR & Lt s f 5s——1953
Manati

62%

A-O

N Y Connecting RR ■ 3%s A—
—1965
N Y Dock 1st gold 4s—————1951

108'/*

•

M
Maine Central RR 4s series A—1945

January 1

No.

110%

.

90.

91

Range Since

Sold

High

105

101

104-

*104% 105

M-S
M-S
J -J
M-N

1

M-S

—1947

C—'

98

7,

77V/e

—1974

84

104%

A-O

+-1978

A

90%

.

*107%. —//„

'•

F- A

series

8

82Vi

■'/" '

Bonds

Sale Price Bid & Asked

Period

Chicago & St Louis-*-

5l/aS

8

86

82

Ref

104%

99

76

92 Vi

85%

J-3
J-J

>1950

TJnif mtge 4s series B: ext——1-1960
Paducah & Mem Div 4s———1946

91 Vi

92 V2

A-O
A-O
A-O

1st & tef 4MiS series .C—
—2003
& ref 4s series D—2003

1st

16

Week's Range
or Friday's

Last

Interest

Exchange
Sept. 35

Low
New York

100% 101 Vi,

Friday

Stock

Ended

High

Louisville & Nashville RR—
100%

1131

trust

A Debenture

9

6s„

4s_

Alst & ref 4Vas series of 1927

43

Vi

48%
61

J A Harlem River & Port Chester—

/'Michigan Central—■:/ / /:■•■' ;:'//,
Jack Lans & Sag 3Vis
—1951
M-S
1st gold 3 Vis—
—————1952
M-N
Ref & impt 4 Vis series C......-1979
J-3
Michigan Consol Gas 4s—
—1963
M-S
}§AMidland of N J 1st ext 5s——1940
A-O
i§AMilw & Northern 1st ext 4Vis—3939 /
J-D
A § Con sol ext 4Vis
—1939
J-D

';

■

*

70

38

59%

f

106% 106%

106%

96

5

67

AGeneral

63

38

4

60

58%

40V/2

45

29

45%

29%

30%

52

.18

30%

8%

9%

183

3%

31/4

:. 28

2%

34

%

15%

15%

366

/' 9%

15%

16

90

9%:

16%

.15%

16

.

29%

{AMilw Spar & N W 1st gtd 4s
1947
M-S /
ft S AMilw & State Line 1st 3Vis
1941 / v;, J-3
J A Minn & St Louis 5s ctfs—
1934
M-N
A 1st & ref gold 4s
—1949 yf. M-S
A Ref & ext 50-yr 5s series A—1962
Q-F

37

37

'

9

3%

2%.

2%

f 6%
y i%.

A 1st

& ref 6s series A———1946

A 1st &

3-J
3-J
3-J

■

N Y Rys

1;

'

2%

tAMissouri-Illinois RR 1st 53—1959
Mo Kansas & Texas 1st 4s
1990

,

97/a
3V4
%

4

60%

41

98 V4
42 Va

150

Missouri-Kansas-Texas RR-*.//-':

■

40-year 4s series B
Prior lien 4 Vis series

3-J

1962

37%,

31%

31

2 V«

A-O

116

293

8%

507
39

108% 109%

noy2

11

109% lllVa

M-N

104

104

deb 5 Vis—1950

(Md)

A 1st

F-A-:

A—-—1965
of deposit———
4s—————....1975
& ref 5s series F
1977

& ref 5s series

A 1st

yv.

M-S

A
:

A
1

RR" 5s A

72 i/s

6

6974

74%

33%,

32%

34%

678

2174

34%

29

29

29

2

23 V2

29

35%

35%

35%

A-O

/:,/

■

36%

guaranteed gold 5s_

1945

..-t

35%.

F-A

of. deposit

v

—

>/:'/'■

35%
35

36%

.

1
1

•

34% /

%

3%

21%

472

„

21

-

' v;/:. 13 ;/::

36%

24%

:

|
'1

36%
35

ACertificates

36%

M-N
M-S
F-A

Moh'k & Malone 1st gtd gold 4s_—1991

Monongahela RF 3Vis series B_—_1966
Monongahela W Penn Pub Serv—•
/
1st mtge 4 V'aS———1960

92%

r

<

48 y4

49

93%

42

12

3Vis sinking fund
National

Steel

2047

3-J

—2047

3-J

impt ,5s series- D———2047

J-J

impt. 6s series B.

Si. impt
&

Northern

,

/

38%

103% 106

Northwestern Teleg

England Tel & Tel 5s A——1952
1st gtd 4%s series B———1961
N J Junction RR gtd 1st 4s——.-1986
N J Pow & Light 1st 4%s
—I960
New Orleans Great Nor 5s A
1983
N O & N E 1st ref & imp 4%s——1952
New Oil Pub Ser 1st 5s series A—1952
1st & ref 5s series B———1955
New Orleans Term 1st gtd 4s——>1953

-

•

53

35 Ye

46%

,31%

42%

/ 13

109%

*112

5s

series

106% 109%
111% 112%

116

29

69

68
105

102%

102% 102%

*91

f

68

12

65

66%

77

66%

111%

i*

56

120 Vz 124%
-

__

iioy4

110
76

76

82

"

:

82

7

a

1st mtge
1st

107%

5

107 y4 107%

107% 107%

44

44

45

105

.1

52%

&

F-A

>1946
impt 4 Vs s series A——2013

Ref & impt 5s series C—:

2013

A-O
A-O
;

49

52

52%

48%

49

48%

49%

46

47

55 y4,

56:

51%

5

55%:

"100

—

Oklahoma

Gas

Power N F

104% 104'/a

17

registered

Pacific Coast

1946

J-D

'

3-D

45

13

I

.

588

mtge 3 V4s series* C
s

For footnotes see page




1133.

F-A
F-A

54
*45

49%

48%
*46Va

99%

105

102% 104%

■

1027a 103
102 Va 105%

:
i

8

105

106% 106%

106
108%
109% 112%

:

1

110

;

106% 107%

34

104

99%

47

*110% my4

_"

-

110% 110%
99

r

78% 101%

!

110% 113%

29

107% 111%

13

108% 102%

106 Va 109%

*101% 102

A-O

109%

,

93%

3-J

18

95%

108

108

3-D

95%
*92%

95%

108

109

109%

*-_/' 105

-

_

w

99

102%

99

12

102

102

J-D

»..»1966

102 y8

85

95 V2

84%

94%

17

106 >/4 108%

12

107*4 103%
105
105

—

..>>1.1960.

M-N ;

iooy4103 v4

*102% 105 y4

Trans

deh 6s__>_;

70

69'/a

70

M-S

99%

99%

9974

^>1944.

A-O

G E Cons 5s»1949.

M-S

..

45

45

—

!

.•

—

'

'' 'r

33
108

9

58 Va

49

118V4

118

..

70

98% 100%
40

Pennsylvania Co1942

102^102-,^

J-D

ctfs D_—1944

J-D

103 V^

1952.

M-N.

Secured 4s.—1»_»^

.-

1963

F-A

__196D

J-D

Pennsylvania Glass Sand 3y2s
43%- , 59%
98 J/2
■

.

'—'

F-A

Gtd/ 4s series E trust ctfs

*46"

.

Broadway Corp—

Guaranteed' 3y2s trust

54y4
-59%

,

49

79%

40

63%

78%

Pa Ohio & Det

1st & ref 4%s A—>1977

4%s series B_»

102%

1
2

105

108

102% 103

54

100

Vi 105%

103

*104

101 Va

A-O

102% 104 V4

108

101

101 y4

44

105

100

104

101 % 102

*100V2 102

1981

Light 3y2&
debentures

1

....

J-3

1969.

F-A

105 %

105% 106

40

105

108%

1974

:

Penna Power

4%s

■

103% 103 V4
108

F-A

101

101

102

31

99

107%

68

67

Consol

,

36.

49%

61%

Gen

57

Cons

56%

45%
44

.

gold '4s——
stpd dollar
mtge 3%s series C
Sinking-fund 4y2s

4s sterl

50

16

55

47%

108%

J-D

91

36

110% 111

-

General

4y2s

49 y2

General

5s

series A

series

B.

,1943
...1948
May 11948
1970
I960-

M-N

101% 101%

1

M-N

109% 109%
*109% 110

9

M-N

89%

A-O
F-A

90

120 Vi? 120 y4

1

1

132
5

1965

J-D

101%

101 Va 101%

1968

3-D

108 %

108 Va 108%

101% 103%
108Va 111

108% 111
10

•

112%
107%

82%

...

113%

113

J-D

,

f gold 4y2s_i«1955

Guaranteed: 3y2s trust ctfs.C-1

35

,

49%
50

*87

.

110%

,

f gold 3s loan ctfs»l»1955

1st M s

Patersori & Passaic

1,240

70

54

106%

J-D

1971

56^

-

3T

>.42

53%

F-A

1

_>

J-J

3'/as series I„»_1966

mtge 3s series J„——1970

52 y8

381

681

48 J/4

gold 5s

1st & ref M 3s series* K

Ref

/

110

49%

v

•••.

52

1st & ref mtge
1st & ref

Parmelee

-4oy4 ,47-

98V*

F-A

"//

;

1st

Co

52%

-

39
.39

•;

47%

1998

106%

;■;■■/''

J-J

St ref mtge 3%s series H>.._1961

49

38.

20

v..

53

registered
1998
Mich Cent coll gold 3y2s_—
:
1998
3%s registered—>1998

y

J-J

Paramount Pictures 4s. debentures>1956.

22.

-

7.4

3%s

■■•/
V

/v/

1-1946
Oregon-Wash RR & Nav 4s
1961
Otis Steel 1st mtge 4'/2s ser A___>1962

1st

:!•

1

*101'4 101%

M-N

stpd cons 5s»

Paramount

59..

,

68

Lake Shore coll gold 3%s—

104 Va

F-A

3-J

34%. 49,

15;
v.:

,

A-O

70

J-D

1943

5s—1943

Panhandle East P L 3s B

.

.93

3-J

107

1946
gold 5s»_1946

45%

499

——1997

2

J-J

cons

52%

.166

73%

-

109'/4 109 y2

J-D

1st

41%

54.%

64

•

J-D

Ore Short Line

37%

98%

74

1st

34

51

67%

12%

106% 108%
108% 110%

1966

1st gtd 5s„

Paducah & III 1st

98

3-J

*108%

4%

-4.

22

107% 110

Oregon RR & Nav con gold 4s>
Guaranteed

.i,:

7

3%s

debentures...

4s

36

12%
'•

:.__1946

Elec

&

81

53%
...47%

12

107% 108
108% 108%

§A2d ext gold 5s_—
»1938
Pacific Tel & Tel 3V4s series B>_
1966

I
.

M-N

1952

3%s

109%

109% 111%
102% 102 V2

J-J

—»»»_»1972

Pennsylvania RR cons gold 4s...
3 y2s

& Hud River

108

M-S

1967..

—

—

36%
.

4

52

—1997

Conv secured 3%,s

N Y Cent

10

...

—

•

83

48%
49

3-J

10-year 3%s sec s f>—„—
Ref

109 % 109%
*110%

107%

>

F-A

107 V2

.

72

,

12

'

•41.%

51%
49

51%

'

^^>1945'

4s,..

mtge 3%s>

.

105% io.7ya

7
77

81

41 y8

..

—

Y Central RR 4s- series A_—1998

5974

J-J

-..>1965

83%

•-75

3

Newport & Cincinnati Bridge Co^—
General gtd-4.%s——_i.—>;

mtge 4s

§APac RR of Mo 1st ext gold 4s^_1938

■

N

1st

82

74%

107%

80

75 Vb y 77%

107% 110%/

■

76

82'

72%

117% 120%

5

117% 117%
*74

A-O
—

—.

59%

48

76

56%
'■

*121% 125

F-A
A-O
3-J
J-3
A-O
J-D
3-J

—

deposit-

69%

48

79

117% 119%

—

67 V*

B—

of

57%

29

92%

90

93

*117%

.

103%

99% 100 %

102% 104%

7

3-J
J-J

-

ACertificates

282

45 V4

55%

,

Pacific Gas &. El 4s series G„_^„1964

100-

36

102% 103

103 >/4 105 y4

18

100 Va 100%

103

69%

62%

59;

105 y*

100%

..

;

4y2s ext—1944

Ontariu Transmission

68

——1954
A-O
ACertificates of deposit———
/Alst'5s series C>>>————>1956
F-A
ACertificates of deposit———
Alst 4'As series ,D———,——1956
F-A
ACertificates of deposit——i—•
>
Alst 5Vis series A—-—
1954<
A-O
Alst

54%

73%

55%

*101%

M-N

66

v-

f§AN O Tex & Mex n-c inc 5s—1935
ACertificates of deposit——

44%

47

66

65'/a

M-S

39%

109

J-D
M-N

v

42%

—

55

..

3-J

flAOg & L Cham 1st gtd gold 4s>1948
Connecting/ Ry 1st 4s.
1943

36

■

New

38

-

■

55

109%

M-S

Ohia Edison

38

M-N

—1945

Consol gtd 4s—.——

A

J

'

*

55

F-A

/-1967*

——1964

Ohio

35

J-D

—1945 *

RR gtd 5s

66

39

:

51

50

78

2

59

Co—

1st St ref mtge 3V2s
1st mtge 3y2s

43%

-

39,

M-S

fANaugatuck RR 1st gold 4s—.—1954
5s—.——,1948

fANew England

States Power

(Minn)

65%

40 V4

27%

68

55
/

89

82
106

38%

35%

A-O

Newark Consol Gas cons

5s series C—

.,-35y»

*86%

38%

F-A
J-D
M-S

3s——1965

,

/

42%

.

107% 112%

30

103% 104

debentures——1949

1st mtge

50%

3-J

71%

41%

*39%

/

Q-A

,

58

111%

109

4.

'

Nat

71%.

42

27 Va

—

74V4

54

-

N
Nat

73%

/..

•

:

registered
—————2047
Ref & impt 4%s series A—
2047

Ontario

A—1978
Dairy Prod 3%s debs———1960
Distillers Prod 3 Vis.——1949

101

.

■

Q-F

Ref

54%

*>.

O

J-D
M-N

Nash Chatt & St L 4s series

114

99

1

■

119

112

1

98% 104

15

'//

109% 109%

3-J •
3-D ;
M-N
M-N,

,

80%

5

/:./ 2

111% 111%

A-O

.

49

103 Va 103%

A-O
3-D

debentures———————---1965
Montana Power 1st & ref 3%s»—1966
Montreal Tramways 5s ext——J-1951
Morris Si Essex. 1st gtd 3%s——2000
Constr M 5s series A__.
—1955
Constr M 4 Vis series B———-1955
Mountain States T & T 3 Vis
-1968
Mutual Fuel Gas 1st gtd 5s1947
6s

:kr

92%

119

■

' *99

74 Va

Q-J

Ref

y

,__;//

.

Jan 2047

Ref &

1

■

•

Q-J

3s

v

/■

...

1997

Gen lien ry & ld gold 3s>.

.

,,

/-

deposit——

registered-—————1997

4s
,

of

Pabific prior lien 4s__

Northern

(Wise)

MAMissouri Pacific Ry—
~
3rd 7s^ extended at 4% —July 1938

100% 103%

119%

112% 112 »/4

A-O

]

36 y8

24Va

,

/*. ^

36%;,:.'

36V4

36%

21%. 36%

209

,

•

w—

100% 104

102% 103
*115

A-O

mtge gold 5s (stamped canof guarantee)--—L—1945

|
./?//

23%;

* 506.

3%.
3674

•

■

■

124% 128%

103% 103%

AA.'/

M-S'

'

11

125% 125%

,

M-S

gen

71 %

'

103%

F-A

cellation

8

25 Va

U.

O-A
.

F-A

;

'

A 1st

2iya

;
.

:

■

•

'

V-

:

9

:.:

306

36%

27'a

3%

M-N

—1981

ref 5s series

&

36V»

*"

gold" 5Vis—1949
gold 5s series H—,—1980
of deposit——-

ACertificates

3674

35

■A"

{Northern Ohio Ry—

36%

1%

101% 104

F-A

& ref 5s——1974
Gen & ref 4%s series A
1974

23 %

25%

•

2,109
679

1

A-O

3-J

1954

V; 21%. 36%

209

14

8

35 Va

35%

Certificates

Alst

36%

6'/a

7%
36 V4

••

M-N

Alst & ref

;

36%

35

.

'/.

35%

yv-'- y

deposit—:—;
1st & ref 5s series G
1978
A Certificates of deposit—

AConv

/■

M-S

of

A Certificates

35%

36

■

A Certificates

8%

3%

-1961

-.—1998.

mtge 5s conv inc

Debenture 3%s

v

AGeneral

7%

2014

4y2S, series A

mtge

Alst

Missouri Pacific RR Co—;

7%

93%
110%

108

110 Vi

North Central

35%

7%

•110% 111

15%

108% 109 Vi

.—1966

Norfolk & Western Ry 1st gold 4s_1996 North Amer Co deb 3 Vis—
1949

44%

21

33%

75'/4

.

110%

A Gen

33%

22

1

18%

,9%

108%

1st

41

32%

109

A-O

U a Norfolk Southern

20

20%

3-J

88

38

29
14%

Norfolk Southern Ry Co—

24%

32%

Vis series

12%

88

M-N

12%

107

103

236

Niagara Share

45

176

38 K
31%

21%

1978, ';//. J-3

D

adjust 5s series A—Jan 1967

A Cum

37%

J-3

1962

Prior lien 5s series A

/f f.

1943

F-A

104 % 107

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109 y4 111%

9

37%

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1937 /
1940

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.

.

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107

107

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7

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70

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98

57%

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69

70

70

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88%
119

94%
122

100 % 105

107% 111%

THE COMMERCIAL & FINANCIAL CHRONICLE

1132

Interest

Last

Period

Exchange

Stock

Ended

Week

Sale Price

25

Sept.

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75

86'A

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42

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'

105'A

r(i~ j-j

u_1956

debs...

—.

j-d

1953

.1945

!'

106% 106'A

38

61%

202

112% 112%

v

j-j

Ref & impt mtge 3%s series B. .1974

108

"118

:

vv;

64%

"107%

f-a

•

j-j

.

Texarkana & Ft Smith 5'As A—— .1950

64%

55%

40

59'A

"■

•

refund

Gen

64%

55%

59%

"57'A
59

14

59%

j-j

series D———

60%

.

Tenn Assn St L

Texas
SO

j-d

':i.

■

Tenn Coal Iron

M-N

1950

—

47

368

■

:■

99

M-S

4'As

1st

C

series

5s

71%

71

"

97% 100%

98%

1960

5s series B—...

718

!|

:.

67%

debs—.1966

deb 3s__

Oil N j

■

-

95% 104'A

j-d

gen

58

111 t §

103

99

98

100'A

j-d

t'"'

■

104% 108%

3

99%

99'A

"95%

1962
1974
1977

gen

86%

93%

121%

j-d

1st

85%

J

104% 109

105% 105%

99'A

112%

1st 4s ser A—1948

1st

85%

80% 9382 V;i 86%

92%

121

118

"105'A 106

a-o

418

66

112%

118

"120

a-o

93

112

111

"120

M-N

-.1959
1960

mtge 4'As series B
Young & Ash

91%

VV

108

110
"112

j-d

1958

56 'A

92%

F-A 1

Swift & Co 2%s

...

f-a

M-S

56%

46'A

Apr

108

f-a

j-j

.46%

456

j-j

1996
1951

C.

105% 106'A

~

M-N

a-o

455

53%

53%

69%

Superior Oil 3%s debs

~

cons

221

54 %

ASpokane Internat 1st gold 4%s„.2013

debenture

57

54'/a

52%
52

Stand Oil

Standard

46%

53'A

A-O

3%s B_—1964

102% 102 § J

"105%

1st mtge 4'As

series

3s

68

58

67%

gold 4s

of Calif 2%s

72%

60

49%

53%

1%

97% 102%

"108

—

Pitts

ref

&

50%

,

vv: is

53%

3

2%

1963

ii
344

.—.1956

—

Bell Tel

Southwestern

647

56%

93

gold 5s
1st

'

68

55%

ft

A-O-

Studebaker Corp conv deb 6s

F-a

1st 4'As series A

1st

105%

j-j

6s„_—

Div

102

—1994

4s series A

Louis Div

103% 106%

I 72 Ye

68

69%
56

1%

3

1 %

M-N

Va

106% 108%

103% :

.....1956

gen

St

."103

—1956

&

Mem

i'

M-S
M-ST

1%

3

"2%

J-J

Gen

Pitts & W

1

High

j-j

gtd 4s——1955

Devel

102% 104'A

"104% 105

M-N

ref

1st

Ry 1st cons gold 5s

V

10%

32'A

M-S

guaranteed 4'As—1964
mtge 5s series A——„—.1970
x
Gen mtge 5s series B__„
1975
Gen 4'As series C
1977
VPitts Coke & Iron conv 4'As A
1952
Pitts Steel 1st mtge 4'As
1950
1st mtge 4'As series B
1950
Pitts Va & Char 1st 4s gtd
1943
J

Series

1

107% 107%
"105% 106%

■

32%

5

4s

gen

99 % 102%

20
226

1%

4'As—

Low

M-N

,.

—1950

1st

&

109% 112

8

>102'A 102%

4s

cons

January

No.

High

M-N-

1969

3%s.._—..1946

Devel

90% 105%

46

97

j-J

3'As gtd

I

Range Since

Sold

64%

1981

secured

Southern

120

108

„

j-d

.

..11968 ,-U'

—„

.........

South Pac RR

102% 105%

2

—

-

.1949

Fran Term

San

104% 108

115

111% 111%

111%

J-D

guaranteed.—__—1942
guaranteed—.
1945
gold..
.1949
Seri is F 4s guaranteed gold
1953
v,Series G 4s guaranteed.._,_.i._:.1957
Series H cons guaranteed 4s
1960
Series

Bonds

Friday's

Vftvvft;

Aug 1949

,

Gold 4%s__..,.

-

.'103

V.',

110

coll)

Pac

Gold 4%s

M-N

D

Series E

or

Bid & Asked

..

j-j

VV,

Gold 4'As

ftftiis..

110% 110%

4'As

C

Series

A-O
j-j

1947

(Oregon Lines) A...—..1977

64%

Pittsburgh Cine Chi & St Louis—
Series

1962

6s A

registered

74

117

117

6'A

(Cent
4s

-

1st 4%s

55%

,,
.

102% 102%

9

V

.7%

3%

16

110%

110

4s

47

37

63%

106

117

•J-J

—1951

debs—

l3As

Sale Price

-.1979

Pacific Co—

110% 113%

29

63'A

60

ft

106

deposit—

of

ACertificates

Phillips

60

j-d

„__1962
1937

Philip Morris Ltd deb 3s—
APhilippine Ry 1st s f 4s

3%S._

Colo Power

Southern

91

106% 107%

J-J

1949

—

& Tel

Bell Tel

Southern

39

F-A

1st

-

72

62'A

63'A

M-N

mtge

7

3

6%

71%

J-D

coll tr 4'As
1961
& ref 3%s~
1967
2%s____—
1971
J A Phila & Read C & I ref 5s—-1973
Electric

Phila

Week's Range

Last

Period

25

debentures

3s

93%

81%

'"106%
71%

M-S

Philadelphia Co

:W

43'A

6

J-J

1943
1974
1977
1981

428

43

6%

J-J

1980
_1952

1st gold 4s

91

,

-

1956

—

•

111% 111%

F-A

& Wash

Bait

89

./•

43

Apr

5s_.—1956

4'As series C__
Phelps Dodge conv 3'As deb

Sept.

95% 100% :

A-O

series B—

Friday
Interest

Exchange

Low

95% 100%

M-S

gold

Phila

90'A

96%

1947

Pekin Union

&

4s

1st

89'A

97

4s ext—
1960
4s——__—-—__Apr 1990

Marquette 1st series A

1st

90'/8

Eastern

&

AIncome

Pere

A- O

A-O

—1984
—1952

4'As series E_.

Stock

Ended

Week

High

1910

Peoples Gas L & C ref 5s—;
Peoria

Low

—1981

General 4'As series D—_l

deb

No.

High

York

New

Range Since
January 1

Sold

South

Pennsylvania RR (Continued)—
Debenture gold 4lAs_.__

Conv

Bonds

Friday's

or

Bid & Asked
Low

Gen mtge

bonds

Week's Range

Friday

BONDS
York

New

Monday, September 28, 1942

75

82%

..1981

Apr

40 %

40'/«

41

147

33%

50

..1991

Apr

32%

31%

33

478

28%

39%.

Volume

THE COMMERCIAL & FINANCIAL CHRONICLE

Number 4111

156

NEW YORK
Interest

Exchange

Stock

Ended

Week

Sept.

Last

-

Low

tAWabash Ry ref & gen 5%s A.—1975'
ARef

gen

A Ref

& gen

A

M-S

•

27%

YY'TT"' *■

Friday

*26%

Sale Price

28

2361

27%
26%
27%
88%

Wilson

J-J

—2361
1954

—1955

86%

A-O
A-O

debentures

6s

Warner Bros

Pict

debs——

6s

deb

Co

Bros

A Warren

A

——.

—

—

86%

*99

-

101

15

deb

Conv

—

3%

101

102%

WinstQn-Salem S B 1st 4s_—. :

1960

106

tAWisconsin

1949

J-J

Central 1st 4s

'

Warren RR 1st ref gtd gold 3%s„2000

1st 40-year

Gen

West

stpd gtd

5s

86

*104

119

/.

1st

Maryland

19

107% 107%

10

107% 110

111%

111% 111%

76

110

111%

84

91%

109% 110

84%

93

86

37

93

86

A-O
M-S

1st 5s ser A—1946
——1946

Pacific

JAWestern

A5s assented

gold

25-year

5s—_;

—

102

93

93%

16

101/* 101%

8

36%

V.

37%

M-S

38%

246

20%

Westinghouse El & Mfg 2%s__

115

A-O

Yv

.—1943

1st 4%s

J-J

36

38%

283

20%

38%

107

79

84%

88

81

88

77%

85%

'

84%

84%
r

.83%

Af-S
M-N

84%

85%

86%

83

85%

J-D

84

Deferred

a

101/« 104%

122

in

'

.

17%

■"

16

•

•

YY

*12

—

115

'

37

51%

37%

—

49

Y: 9

-178

hov'b 110%

95

114

272

50

16%
16 /

90%

4

51%

35

9

1"

-i

106% 106%

the

in

M-S

•

1960 Y

sale

delivery

the year's

included

not

34

108% 110%

5

20

'

■

105

108%

—

12

12%

not

range,

n

101%

M-N

101% 101%

99%

99%

101

162%

23

99%

98% 100%

18

included in the year's range,
d Ex-interest,
e Odd-lot sale not
Under-the-rule sale not included in the year's range, r Cash sale

year's range.

^Negotiability impaired by maturity. tThe price represented is the dollar quotation
pound unit of bonds.
Accrued interest payable at the exchange rate of $4.8484.
securities assumed by such companies.

or

♦Friday's bid and asked price.
A Bonds

200-

per

in bankruptcy, receivership, or reorganized under Section 77 of

tCompanies reported as being
the Bankiuptcy Act,

100% 101%

16

101% 101%

101%

1948

mtge s f 3%s series D_

38%

"

37%

M-N

•

—1951
1960
1951

—.

30-year 5s__——

-.115

-

V-V 50%
'-.;Y*-_, '

—

J-J

deb 4s

Conv

1

Western Union Teleg gold 4%s_—1950

100% 103%

Youngstown Sheet & Tube—

Included

1943

104% 106%

15

103

110% 114

107% 110

107%

J-J

——1977

5%s series A

ref

&

West N Y & Pa gen gold 4s_.

14

'

A-0

1952

1st 4s—

39

118% 121%

6

1st

Western

_

92

.

;

50

—

17%
7Y-..
■

1971

37%

37%
47%
102% 105

91%

M-N

deposit

$AWor & Conn East

106

119

119

J-J

11L1967
1st 5s E——1963

mtge 3%s series I—--——1966

of

'1—1968

3-D
3-D

•

A Certificates

40

86

103% 105%

M-S

—1950

mtge 3%s

Penn Power

1st

31

69%

34%

86

Q-M
F-A
F-A

_1945

guaranteed 4s-

Westchester Ltg

*33

F-A

>

Washington Central Ry 1st 4s„—1948
Washington Term 1st gtd 3%s——1945

7

2

103

51
v

1936

56

105% 106

—

,

95% 106%
)

135

1

High

*110%

*

10

102

99% 101%

Low

45%

—

A-O

January

No.

48%

—

.

Range Slu^e

Sold

44%

91%
/

J-J

81

,—1947

Bonds

High

46

■

—

M-S
J-J

1955

95

12

100% 101

"•101%

Friday's

103% 103%

M-S

1st M 4s Al

Co

&

45%

J-D

99

,v

101% 101%

101%

Y 101

M-S

receipts—

Deposit

■.

.

M-S wv

■'

1948

.—1941

6s__

•

86

48

J-J

Wheeling & Lake Erie RR 4s.

83

Registered

1—1966

Walworth Co 1st mtge 4s——.—1955

or

Bid &, Asked
Low

22%

77

—

Last

Period

25

22%

26%

Week's Range

Interest

Exchange

Sept.

High

24

10

Stock

Ended

24

*25%

A-O

Ref & gen 5s series D

27%

*26%

A-O

4%s series C

Low

York

Week

January 1

No.
■

New

Range Since

Sold

High

F-A

—1976

5s series B—

BONDS
Bonds

Friday's

or

Bid & Asked

Sale Price

Period

25

BOND RECORD

Week's Range

Friday

BONDS
New York

1133

No sales transacted during current week.

selling flat.

NEW YORK CURB EXCHANGE
WEEKLY
NOTICE—Cash
in

the

In

the week

in

footnote

a

in

following

delivery
which

York

Week

Curb

Ended

Last

Wire Co

25

Aero

Low

Inc

Associates

Aircraft
Air

Access

Investors

Low
30

19

~4% *4%

4%

5%

••-••v.

preferred

500

Air-Way
Alabama

Great

Alabama

Power

Coast

Atlantic

Coast

Line

1% July

Atlantic

Rayon

75

20 %

Apr

Atlas corp

i'o

Jan

Atlas

Drop

% May

1%

Aug

Atlas

50"'

95

-

73

Jun

YY

89

Sep

;

Y-

Y

,

.*

Investment

79

/

97

Products

Class

A

conv

6%

94

93%

105%

Goods

Aluminum

Industries common-——-.—•

Mfg

—

94

'7

Jan

Jan

•>7.,; 1%

20

May

Apr

500

99% May

100

12%

Y

Y. Y

7

——-<—1•

common

preferred

6%'

68

68

12

11

7-7 722%
'105 '

103

103

103

Apr

Book

American

Box

Sep

90%

Jan

77'"

class

Common

10c

r<r

*
*
1

B

preferred
prior preferred
Central Mfg

$3

5%

:

$5.50

American

Cities

American

6%

(B Fl

Ayrshire

Class

12%

Jan

Baldwin Locomotive—Purchase

7

Sep

778%

Apr

Baldwin

Sep

Barium

7.:

8

,{.7103

Apr

24% May
4%

Barlow

Apr

&

$1.20

Fork
Gas

7%

Jan

65%

Jan

4%

Jan

4% l/o

&

9%
74

Seelig

Corp

convertible preferred—

$2.50

—

Mills

Inc

Bell

Sep

Benson

July

36

July

28% May

41%

American

Laundry
Light

Mach

Y 200

J an

%

12%

500

10%

Apr

American

13%

Apr

20% Jan

Mfg

Co

94%

225

82% Mar

104

$2.50

Jan

500

1% May

2%

Sep

Bliss

125

24 % May

28%

Feb

Blue

30%

50

27 V* May

32

Feb

$3

18

Apr

American Meter Co..
Potash

American
American

1st

/

$6

•

.

i

.

'

Y

.

"

*

,

Thread

American

Writing

Post

preferred—.

Paper

common

Fence.:

*
1

—;

Apex-Ilec Mfg Co common
Appalachian Elec Pwr 4%%

500

Borne

Bourjois

24

Jan

85

Jun

%

Jan

xl8

Aug

27%

Feb

May

7%

July

4%

Apr

6%

•

A

2%

$5

Jan

2,000
200

33%

Apr

2 V*

200

1%

Apr

200

'

3

Common

6%

class

A

common

non-voting

2%

2

2

2

1%

1

&

Aro

Corp

Equipment

Y

Jan

3%

Jun

2%

2

Feb

2%

%

200

J an

7% July

98%

120

91%

Apr

•

1%

%

1 Va

1,000

lb

Sep

•

1%

%

1%

12,000

8%

8%

8%

1,700

"5%
4%

Associated
American

Refining

Electric
aep

of

Co_
Canada

1

Apr
% Mar

9

rects

footnotes

see

page




1138.

*

200

4%

Sep

7%

200

3%

Jan

4%: Feb

7

Aug

8%

Feb

,.21

Apr

22%

Sep

6% May

9%

Sep

4

9%

13,500

2%

900

104

1%

20

Jan

3% Aug
1

Jan

8% July
Jan

Jun

•

i

3 V*

Feb

101

36

36

10

(.

Aug

117

Mar

30

Y7:
9

*

%

%

Mar

34

Jun

34

Jun

36

Sep

500

Jun

8%

Aug

25

38%

Jan

38%

6%

A

100

91/4

—*

6

200 ;

Jun

:Y- % Jan
10

Jan

38%

Jun

Jan

.7 8
5

2%

%

Apr

~5% ~5%
4 %
--

4%
—

300

1,300

12%

common

12%

Apr

10%

Apr

16%

Jan

A Feb

1,200

3/„

%

*/2

Feb

200

1

(S) & Co

34

Co common

350

5

*

Jan

27

Mar

35

Feb

4

Sep

5

Jan

200

■t

1% Mar

•

—100
—

..

90

J.v.,

3

Jun

33 May

42

Mar

30%

41v

41

25

34

Mar

Jan

5% May

7%

•

/« May

1*0

100

1 Va May

2% July

Jun

Jan

*
common

1st preferred

preferred

7-.Y

*

Traction

Corp

Lgt & Pwr_:

—*

A
9

8%

"9 :Y'::

Sep

8%

8%

4%

7

200

4%

3,200

Sep

Jan

9% Aug

May

4%

2,900

1
1

common

Aeronautical

Machine

Preferred
Brill

Corp

i

;;

10% Ma*

8%

Jan

May

20%

Jan

Jan

2V4

3% July
19

1%

1%

100

~2%

;

500

♦

A

46

200

,

1%

Jan

52

100

class

Class
B
77c
preferred

Brillo

Mfg

1%
1%

Sep

'2%

1%

Jun

60

Feb
Apr

3%

;% July

Sep

British

6%

Apr

8%

Sep

Am

Aug

87%

Jan

Am

Jan

Feb

*
100

46

:

Jan

A May

Jun

40

55%

Feb

Aug

14%

Jan

•

American

Oil

American

Tobacco—

Co

30% Jun

*

common

11%

•

Co

A

British

10

31%

Jan

Mar

13 Va

Jan

8%

Jun

9"%

Jun

6%

Jun

8

Jan

Y

Hi

4%

Jun

3%

.Ton

11% July

8

5%

Jan

4%

Sep

13

Jan

aep

dep

Amer

Brown

2% Mar

%

Feb

3% Aug
% Feb

Brown

$6

rects ord bearer

£1

ord

£1

rets

Celanese

British

Class

—£1

reg

33%

Feb

% Aug

Jan

103% Jan

Industries—

Associated Laundries of America
For

•

Aug

3%

1

•

6%

l

1

&

27%

700

*

75%

Light $7 preferred-*

Breweries

300

6% May

2%

Bridgeport

Jan

97%

5

Oil

Associated

Jan

1%

2%

Bridgeport Gas Light Co_

Jun

2

97%

Ashland

*•4%

Co com„*

Inc.—

2d

Breeze

2% Jan

2%

100

Art Metal Works common—.

Jan

3,500

Jun

Jan

200

■

10.

preferred

Arkansas Power

28 %

2%

18Y Jun

3

•

common

(H C)

Class

Arkansas Natural Gas

Sep

•v

%

8%

—

Scrymser Co

Brazilian

Jan

2,000

3

2%

'a
48%

A Jan

ax

47%

•

2%

—

' 5%

*

1st preferred

7%

Jan

1% Mar

2%

——

Apr

Sep

28%

28%

9%

preferred—:

Bowman-Biltmore

61% Mar

200

451/4

—

77' 4

1

Jan

GOO

2%

•

pfd

Bohack

Brewster

5
2

Angostura-Wupperman

20

2%

A
.

♦

5%

Apr
11% Aug

26% July

\

Superpower Corp common—*

preferred

American

19

—

100

1,200

2%'?

optional convertible preferred-—*;

22

3S2

1,500

\va "51/4

2

common

,

Feb

common

(E W)

Apr

7%

,39

A

A

.■■ija

20

20%

2%

100

Ridge Corp common

Apr

18% Mar

18% Mar

•

$6 series preferred-:

Anchor

450

2,100

79%

10

Seal-Kap

■

American

11

1

*

Chemical

&

Republics

American

20%

21

1

35

Jan

100
Co

Y

5%

19>

—1

preferred

Blauner's

2%

27%

—100

common

Maracaibo

20%

~20
1

Hedges common--.

Birdsboro Steel Fdy & Mach

27

25

Preferred
American

.16

10

Berkey & Gay Furniture

12% Aug

10,200

10%

11

'"*5 %

1

Canada

of

&

Convertible

Sep

16%

20

20

Trac common—25

&

preferred

6%

Sep

Jan

May

Jan

32

Tel

Blumenthal

American

3%

j

13

5

common

Jan

Rubber Co——25

American Hard

Feb

19

1

Jan

%

11

1

25

1.6

1

—

$1.50 convertible preferred—^

30%

27%

1

3%

'

common

13

A Sep

14%

.2%

common:.. 10c

preferred

Feb

2% May
2% Ma r

•

Brummell Ties Inc

Beaunit

Feb

93%

16%

10

100

General

convertible

A

14%

6,100

>

Inc

Apr

XL

2%

"Ludwig"

Apr

35 %

Jan

Aug

Jan

Mfg—

4%

33%

Jan

17%

Jun

Aug

6%

12%

•

common

Electric—

preferred

American

$2

Hoe

common

4

35

35%

16

2%

Aircraft Corp
Bellanca Aircraft common

10
r—10

/«
7

12% May

700

3%

Steel—_1

convertible

Beau

2,600

Power warrants

&

Co

Refractories

Feb

XL

3% Mar

% May

Sep
Jan

YY:

—d— 30

Rubber

Stainless

Bickfords Inc

American

Y

common

preferred

%

Va

Cyanamid class A—

American

■

for

275

7%

500

1%

—1

••;

300

7%

8

17

16

com—10

A

Co4

warants

A July
Y

Jan

Aug

B
Babcock & Wilcox

Baumann—See

7,200

17

4% July

.32% Aug

,.

Va Mar
5

Feb

Feb

■yYy.L-V.

1

B non-voting

class

Collieries

Jan

%

300

5%

25
—

American Foreign

Patoka

% Feb

8%

5%

Jan

3

—25

Tobacco

Beech

—

—

American

8%

Jan

22

1,000

•
—_°.5

& Sons common

900

T»r

—__25

A

A

Machine

preferred-

300

.

May

Jan

& Light—

Power

class

Convertible
Class

Class B

%

class A common—10c

3

425

5

Voting

Basic

American Capital

400

1

Avery

Feb

A
19

~~v>

'

32

1
-7

—

common

Products

Axton-Fisher

Jan

3%

■

120

...

common——1

Co

68

100

.

21 %

20

—100

Co

Board

300;

.,

-1

American Beverage common
American

Forge

114%

May

4%

300

-.;

68

100

1—

warrants

3%

32%

3%
32%

*

7%

Ltd

Aluminium

1
—50

-

Co

'

6

Sep

G4

109%. Feb

19% Mar

Sep

78%

1,200

,

Y

105% 106

12%

*

Aluminum

%
17

—

-100

preferred

100

17%
\v;\.

*

Aluminum Co common—

Mar

Corp

3% May

Jan

% May

'

17%

$3 conv pfd—
(Mich)—1
—10
common——
25

Allied Intl Investing
Allied

%

Jun

106

Automatic

Feb

Sep

2%

\y

High

83 7" Mar
107

s'

'V'

*
*•

j~——

62

100

preferred

Corp

Plywood

10

»'

75

95

Low

% Mar

100

pfd

Fisheries—

Sep

Range Since January 1

High

Feb

2%

U May

700

i%

•

$7 preferred—

preferred

i%

50

Southern-—
Co

Alles & Fisher Inc common
Alliance

Atlantic

8%

'./•••

I

$6

5% Mar

Jun

6%

Automatic

1%

3

Appliance

Electric

on

Sales

Shares

•

Co

RR

Jan

19% July

10

Warrants

Coast

&

A

Jan

4%
1%

2

Birm

class

Atlanta Gas Light

:■/A Mar

Convertible

shown

for Week

of Prices

Low

Par

■

5% Mar

4

V-

Atlanta

Last

Sale Price

25

Week's

Range

Friday

Exchange

Sept.

Associated Tel & Tel

Feb
Mar

20

Jun

100

4%

i

Mar

4%

200

5%

4%

20

•.

22%

Ended

■"'-•YY-

High

Sep

100

50c

common

16 Va

Curb

York

Week

Range Since January 1

••

5
1

(N J)

Corp

are

the New York Curb Exchange for the week beginning

on

STOCKS

High

19

1

B

Alnsworth Mfg common
Air

the transactions

range

It is compiled entirely from the daily reports of the Curb Exchange itself, and is in¬

1942).

New

Shares

1

Supply Mfg class A—

Class

RECORD

Sales

of Prices

10

common

(Sept. 25,

of

record

complete

a

for Week

Range v

Sale Price

Par
Acme

furnish

we

Week's

Friday

Exchange

Sept.

YEARLY

they are the only transactions of the week, and when selling outside the regular weekly
No account is taken of such sales in computing the range for the year.

security, whether stock or bond, in which any dealings have occurred during the current year.

STOCKS

:

New

list

AND

the week's range unless

disregarded In

are

they occur.

extensive

include every

to

sales

19' and ending the present Friday

Saturday Sept.
tended

deferred

and

reg—

dep rets ord reg

preferred

1 Va

Feb

L

11%

100

7%

Jan

2%

200

1%

Jun

50

Distillers

:

_*
1

•

% Mar

200

1

10s

1—1

common

preferred

Forman

~7%

Ltd—

Fence & Wire
A

:

'

'

'

—

46

May

1% Aug
2

Jan

12% Aug
2%
60

Jan

July

Monday, September 28, 1942

CHRONICLE

THE COMMERCIAL & FINANCIAL

'

im

NEW YORK CURB EXCHANGE

Curb

Ended

Week

Exchange
Sept. 25
■'

.

Brown

(EL)

Co common

Bruck Silk Mills Ltd

A

$5

Low

%

Jan

%

Jan

Apr

.

%

Week

2,200

—

Curb

Ended

Crystal Oil Refining
$6 preferred

12% Mar

1

;;

7%

6%

7/a
69

i.

9%

61%

2,150

15%

1,300

Mfg Co

Jan
Feb

Inc
(Mo)

5

....

10%

200

IVb

Jun

1 %

May

6%

v -

3,300

1%

1%

■

2.50

Feb

_L

—

;

,

Va

Apr

9

Aug

13%

12

*

__

common.

4

—

12

High

% Mar

,

Aug

15%

Jan

v

1%

v

1 %

Sep
May

Jun

6%. Feb

Jan

13

common

Lighting

'

Low

—

■

5

_

v—

__

Range Since January 1

High

Jan

12%

Sep

Tobacco

Curtis

Sep

91%

5% Aug

7,300

;

70

64%

41

35% Jan

50

Sugar

Curtis

41

50-

v;v.

Atlantic

Cuban

Apr

Sales

for Week
Shares

Low

•
10

common

Cuban
41

41

25
Par

Sep

4%

Week's

Range
of Prices

Last
Sale Price

Exchange

Sept.

High

4%

High

York

New

Range Since January 1

11%

.25

preferred
1st preferred—

$1.60

Shares

%

Power—

Niagara & East

Buffalo
1

Line

Pipe

Buckeye

for Week

Low

1
5
*

Rubber Co common

Bruce

Range

Par

Friday

STOCKS

Sales

of Prices

Friday
Last
Sale Price

STOCKS
York

New

Week's

'

Hill

Bunker

preferred
Burma Corp Am dep rcts^
Burry Biscuit Corp—

..

h

9

9%

2.50

L

Sullivan

&

$3

Inc

Burco

25

13

13

13

8% Mar
11% Aug

:.

"ft

,

12>&q

,.

i7o

—

v

% Aug
200

%
Va

Petroleum

Darby

Jan

convertible..:.

Class A
'k Dejay

35

:

Dennison

Mfg class A

common.;

prior preferred

$6

•

200

•

14

Jan

10%

Sep

Jan

25

Aug

18%

v

1%

■

1

100

,

Jan

2 % Mar

Jan

37

51 % May

Jan

105

Mar

•<

—

Feb

3%

2%. Jan

.X
' J' 1%

50

;

23%

7

Feb

6%

23Vz

,

Jan

May

100

14

1
5

Stores..

5

100

'-p

1

_

7 >;

7

;;v

•

Hosiery Mills
Rubber Mfg

Dayton

10% .10%

5

common

.' Davenport

Feb

% Jan

~

'

8%

debenture.....

100

Derby Oil & Refining Corp
convertible

A

'

trust .'certificates

Voting

Sugar Estate

% Aug

ft

Jan

ft July

2V8

50c
50c
20
10

Cable Electric Products common
Calamba

% Aug
Apr

3%. Feb

Detroit Gasket

Mfg_-____..__.._._1, '

&

preferred
Canadian Car & Foundry Ltd—_;•//.
6% %

1%

600

1%

1%

1
*
100

Corp.
Canada Cement Co Ltd
Tungsten

Callite

2

Jan

Detroit

Mich

Stove

Steel

Products.

De

77% Jun

77%

15% Jan

—

21

Jun

Vilbiss

Co

Divco-Twin

-•

Truck

Dobeckmun

July

Co

Class B

voting

non

2%

*
*

voting...

A

Class

Alcohol—

Industrial

Canadian

2%

Jan

2% Aug

2 % Mar

Ltd—

Canadian Industries

preferred

7%

*
Carnation Co common
*
Carolina Power & Light $7 preferred..*

37%

Jan

12

20
42

99

100% 101

Apr

111%

Apr

103%

Corp

common

6

1

Carter

(JW)

Co common

Casco

Products^.—--—.4.—

Hudson

2%

2% May

3%

7%

Corp

common.

59%

preferred

Jun

%

83
62

6

6%

8%

1,700

10

2%

3

5,100

•
_*
*

43%

50%

1,550

3%

3%

200

.■ft

"v/.

Sep

27

Feb

55

4%

2% Apr

Jan

52, Jan

28%

$7

Sep

40

preferred..

;

4%

Stamping..
& Suburban Homes
Auto

City

Apr

82%

Jan

Apr

82%

Jan

City

Controller

Clark

Claude

Cleveland

Mfg—

Electee

Coal

Utensil

Aluminum

Club

Cockshutt
Cohn

Plow

Colon

Co

%

Patent

Columbia

1

18

Commonwealth

&

Southern

V\: 1

Distribution

warrants

1

Jun

72 %

Fire

1/64

34

%

Apr

1/64-

1%

Mar

13

Jan

>

:v

%
18

t

Conn Gas &

Consolidated

Biscuit

Jan

1%

Jan

52%

1,500

Jan

33

Jan

19

Va

'"V-

% Jan

Jan
17

200

37%
2%

400

34

Sep

1,600

2

Jan

Jan

17

Sep
9Va Sep

9%

35%
2%

Jan

38% July
2%. July
11

10% May
%

1%

33,200

44%

1,700

_i—*"
*

'47%

43%
5Vb
%

47%

1,900

5%

250
100

5/64 Apr

.

_.

Va

—

—

..

60%

Jan

36%

Aug

63%

Jan

2% Mar

6%

Jan

ft

Jan

■■_';/

Apr

9

Feb

28

Jan

4%
20

..

..

.

34% Aug

i;

Aug
4% May

—

—

,

--

5%

Jan
Jan

8i

57

May

81

May

150%

Sep

155

Sep

-~

..

.

150%

230

153% 155
157Vz 159%

90

85

Mar

730

82

Apr

159%

166% 168%

150%
154%
159%
168%

240

89

Apr

168%

148

—5
10c

ft
16

23

—

a*

300

aa

:

2%

50

23

2

May

SSISii
—

>1%
6%
6%

.3%

5
i.10.

vl%
6%

?3%

6V4

—

.

1%
6%
6%.
3%

1,700;

.

1

;■

:•

.

,

Sep

3% July
'•yM'" vVi-V''1'

;;

7% Jun
1% Jun

Sep
Apr

23

2%. Apr

—

—

-

ft Jan
2%

Jan

,

.

5% Jan
16%

Jun

19

800:

;;

Jan

9%
2%

Jan
Jan

J.an

300

6% Mar

7%

600..

.

Sep

July

Apr

13%

200

16

x2% V. X2%

Jan

5

—'v

—

16

Sep

23

18% Apr

:

—1

——

May

'1% Sep

Apr

1%

5 % Mar

7%

3%

300

44 %

—

79%

79 %

80%

-2%

2%

68

650

.2%

$7 preferred..*

& Light

Power

22% Mar

16% Jan .'/■'■

-4t-.4TMj

reg—dEl

rets ord*

,

.

1,300

—?

5

Sep

.

64%

May
Sep.

Jan
Jan
Jan

103

Co

15%^

10

125

.

Jan

%,"

15

Jan

11

300

:

Jun

15%. Sep
10% Feb
18

5
Distilling——1

Brewing Co

,

July

.

2%

2%
10

2%
..

..

—

—

—

—

10%. Jan

20%

—

—.....—1

2% Sep

400.
100

10

participating preferredhSi^lS

Conv

$3

15

15%

15
15

>-■

;
.

2% Sep

Feb

—*

Worth Stock Yards

Franklin

1%

•/

.
...

B ;voting..—?

Froedtert Grains & Malt common—.

& Electric

8%

Apr
May

41

1%

—

(Peter)

Coke Secur common.,

Telephone

44%
21%

400

44%

Metallurgical..

Class

(Geo A) Co.—
StOCfc—

.j."r' -1 n^''

l'i.j

COtl V

48%,

31% Aug

'■***•£

■'

49

Jan

10% Aug

:

r-—

..100

convertible preferred

4%
Conn

200

5

1
Brewing—1

dep

1946__

to

July

% May

2,200

IS

..

Airplane.

Fox

Service

Water

extended

c

37%
2%

*

,

& Equipment

Fort

Feb
Jan

Compo Shoe Machinery—
V

8

*

Ford Motor of: Canada—
Class A non-voting

Jan

3/128 Mar

'%• Sep

100

550

%

2%

May

1/256 Mar

1,500

.%•

13% :14%

Feb

9%

%

Association. (Phila)

Am

Jan

1,400

1/64

25

Mar

Ford Motor Co Ltd—

:

Jan

Sep

itf

I

Community Public Service

3% May

Mar

15%

16

1

6% Aug

7%

!

1
*

+,

Fedders- Mfg Col

7% Apr
1
Aug

2

240

•

Sep

.

'

Light 2d pfd A

Engine &

Fansteel

4% Aug

54

17%

Feb

3

6%

"

%

9%

Inc..—___1

Fairchild

Jan

Jan

50

64

16%

17%

Sep

.70

'.

Sep

.500

1%

64

V—

preferred.100

Commonwealth

7

Va Mar

2,100

?'

—

43
19%

Fairchild Aviation..—.1——.—It

Apr

Jan

% Mar

500

3%.

1%

1%
25

Arms

Oil & Gas^.

Community

-2%

•

warrants

Iron

Fire

12

2%

.

ft.: Jan

-

*

Pipe Line common
—50
Eversharp Inc common....—.—.—1

Florida

1

Columbia Gas & Elec 5%

Sep

6%

6% May

3%
—

';'L-J'"-'.'

%

Jan

..

*

*

:

Jan

Va

".v:y-

Eureka

Falstaff

•

:

Feb

.62% AUg
.v

Mar

35

3%

Airlines

Colorado Fuel &
Colt's

5

Sep

100

Development ordinary

Colonial

Mar

•

Inc

44%
21%

warrants

Derrick

Esquire

Mar

5

4%

common.!

Co

& Rosenberger

25
f

•;

% Feb

Apr

21

100
600

100

Corp...;

15

Aug
%

100

*

Illuminating

Cleveland Tractor common

Clinchfield

6% Mar

13

Co.

& Lambert

Clayton

4% Jan

July

6

—I
..4

1%

6%
.

•

Equity Corp common
...
$3 convertible preferred

'

:

Lights Inc

Neon

Jun

3%

4%

.V

7

.

Feb

40

& L

P

preferred

$6

65

__

Electrographic Corp......—
1
Elgin National Watch Co.;—.
---15
Emerson Electric Mfg--,——~—......4.
Empire District Electric 6% pfd
100
Empire Gas & Fuel Co 6% pfd—...100
0 6%% preferred
100 ?
Tl'v preferred
100
8%
preferred
.....—
100
Empire Power participating stock..—*
Emsco

Service

Cities

2

500

V

3% Feb

Apr

&

Power

Option

Jan

14

2V8 May

40

$6

Jan

ft Mar

■

common..:

....

Electric

July

Feb

Share

&

preferred
preferred....

$5

Jan

Apr

Bond

Electric

10%. Jan

Apr

Associates—

Sugar

Economy Grocery Stores....

Jan

x4%

40

Mar

•

*
*

preferred v t c
Washing Machine B_——_

$5

Sep

4%

47

5%

38

Jan

25

*

......

preferred series A...:
series B.__„__

Easy

Apr

3%

Jan

100

B._.

States Corp.!

$7

Eastern

Jan

13

/

6%

preferred BB___

$6

Jan

1

preferred—...—

67

25

—.

$6 preferred

Jan

2% Mar

500

60%

5%

Service common

60c

8

107

6% May

preferred

$6

Jan

3%

Shaft Co.

July

20% Mar

n

100
100

Eastern
?:

Jan

70 %

Consolidated Mining

Cities

85

8

1,200.

3%

3%

Jun

52

*

prior preferred.
preferred.—
Malleable Iron...

Aug

%■ ft Feb

Chicago Rivet & Mach

Childs Co

101

85% May

Chesebrough Mfg.

Chief

Apr

7

Cherry-Burrell common—
Chicago Flexible

Jun

72% May

10

—

&.

2

_-__.-10

Lead.^

Eastern

Jan

**9%

Apr

7%

Jan

50

'

Gas & Fuel Assoc common

6%

Jan

5%

/8%

Aug

65

,

1

common

4%%

Sep

6%

90

Light 7% pfd.—100
Central & South West Utilities
50c
Cessna A'rcraft Co
1
Chamberlin Metal Weather Strip Co__5
Charis

6%

2%

Gas &

Power &

Central

Jan

6%

America
1
Elec com..—.*
Central Maine Power 7% preferred.100
Central New York Power 5% pfd__100
Central Ohio Steel Products
1
Corp

Central

Mar

Picher

Eagle

6% July
6% Jan

Feb

4%

of

Catalin

x6

1^

:

20

•

*

common

Feb

4%

58%

24

■Duval Texas Sulphur

Jan

4%

6%

5%

—1

class B

Jun

3%

24

'58%

■
..

100

Hosiery

5y« Jan

3%

...

__

...1

Jan

29% July
IOV4 Mar

Aug

17% Aug

400

'

'
..

10

,

7%

—

3% S#'

3%

..

13%

29% July

—

Jan

11

2%- Sep

Jun

-

*

....

Co

Duro Test Corp

East
Carrier

10%

Jan

90

100%

P

25

B

Corp....
Harris

Driver

Durham

Feb

100

•

Feb

12%

Feb

Jan

8%

preferred...————

$6

& Coal

Duke Power Co

Apr

35% May

Steel

Dubilier Condenser Corp....

gep

ft Aug

Xl9% May

—

class A____

Co

81

9%

;

126%

May

ft Mar

ft

37%

City Products

Carman

•,

Va
9%

%

Canadian Marconi

Capital

121

126% 126%

....

1%

1

Draper
I

300

Jan

Jan

8

18%-Mar

•

% May
2%

—

•

Dominion

Jun

__

v

Xl7% Aug

—•

,y:_

1

common

common

Bridge Co Ltd

Feb

12'A

..

10

Dominion

..

25

participating preferred

7%

49%

l7/8

__*

common.......

1V2

Jun

.

__

10

common...

Shoe

Diamond

Apr

7

coinmon______l

Co

%
-

•

Mar

105

39%

200

—

__

...

Gray Iron Foundry__'_______l

Detroit

Apr

1%

1%

.■

p..

.

,

preferred without warrants:__20 '•<<•__/. ■/•'■ —

6%

1% July

% Mar

*

;

Detroit

Electric Power

California

1%

*

com

preferred

—

.

50

100

49

Aug

Corp

Co

G

—

Consol G E L P Bait common
4

Gamewell Co $6 convertible pfd

•
Gatineau Power Co common^.....—*k

series B preferred.

% '/o

4 7o

preferred series C
/ Consolidated Gas Utilities.
Consolidated
Consolidated

Mining
Retail

& Smelt
Stores

preferred

8%

100
1

1

Ltd

102

101

102

104

Aug

1%
3%

3%

Jan

1%

Sep

25 Va

.1

Jan

30%

3

—

Mar

107

100

Royalty

Consolidated

Steel

Oil

10
*

Corp

■

1%

7%

prior

July

Aug

107

Gellman Mfg Co common.—..
General Alloys Co.
•
—
Gen Electric Co Ltd—
'

Amer dep

4%

1%

1%

37/8

1% Jan

1,400

4%

3%

1,500

.

1% Jan

Continental

of

Oil

72
10%

10

1.

Mexico

Continental Roll & Steel

1

Cook Paint & Varnish

72

70
%

*

20

.

•';"•••%•

60

■

Jun

V4- Sep

Jan

10%

$6 ■:

$

■

Cooper-Bessemer

•
*
*

common

prior preference

$3

Range Co
Cornucopia Gold Mines
Corroon & Reynolds

Copper

'

7%

7%
36

5%

7%

—

400.

36

5

6%

100

5Va

1,150

ft

31

1,000

..ft

50
1

5 %

•

Petroleum

•

Jun
Jan

4%

Jan>

H.

.

87
..

88

pfd
100
preferred..*
General Rayon Co A stock—L
:_.*
General Shareholdings Corp com.—1
$6 convertible preferred'
__*
General Tire & Rubber
pfd A
100

8% Mar

Sep

5%

Jan

%

Jan

%

Jan

Outdoor Adv
Public

6%

Jan

1

67% May

84

Gen

16% Jan

Georgia Power $6

...

,-,

■'

convertible

preferred

— -

1%

%• Jun.'-"

4,300

13

13

50

..

1%

100

12% July

Sep
1% Jan

$3

$5

Courtaulds Ltd—
American
Creole

receipts (ord

Wheeler

Brewing

preferred

110

,

55

reg)__£l

2

5

14%

_*

Electric

/
14%
4%

4%

__

1

Co.

15

Mar

3%

Sep

2,700

Apr

16%

Jan

1,500

4%

Jun

5%

55

Jan

(AC)
Preferred '

-—

•

44
102

—

—

—■

—

Va Mar

Gilchrist

International

Crown

Cork

Crown

•

Drug Co common..

no,>

convertible

For

footnotes

A

page




•

25

1138.

__

1%

._

%
__

__

1%
__

"%

25c

preferred

see

__

5

1
__

400

'

ft Apr
% Jan

/

35%

Apr
Jan

2% Aug

V.

~"

21

~-

July

Glen

Alden

■>■>'—

__

1,300
..

1% May

l%May

Class

1%

2%

$7

41/2

x%
18

Sep

Jan

—

—
,

Goldfield

Apr

1

Sep

Gorham

Jan

21

Jan

$3

L...

B.

—t_.__

Jan

80

May

82

Aug

May

5

Jan

41

Apr

42%

Jun

July

4%

Jan

10%

Jan

14%

—

■

—

r

3

Consolidated
Inc

class

preferred.

A

.■>.

13%

14

14%

Mines
...

5,500

97%

*
1

'

"l'tf

97%

Apr

Sep

9

92

July

100

-At
%

*

23
—

Apr
Jan

Feb
Jan

ft Mar

Jan

*

Sep
Jan

32

5

—*
-

Jan

103

86%

—
--

—

--

.*

class A

preferred

6% May

jan

•

Coal.....—

Jan

7

34%

Apr

28

i__*

•

Jan

4
...

—

53%

103% Aug

i

—*
*

Co..

Godchaux Sugars

Crowley Milner & Co
Crown Cent Petrol
(Md)

27% Mar

96%

50
10

^

:

Jan

69

Jun

i3« May

1

Aug

1/128 Aug

—

44
102

-

I.

;

Apr
%

1

1
:
—
/*
J.—* ">f— V.

common....

% Aug
95

July

20

•

Feb

33j

4%

11%

i.-—.

July

1/256 July

preferred

preferred.

Gilbert

Petroleum

Crocker
Croft

dep

Water Gas & Electric common

Jan

--

—

J

i

..

Sep

102%

—

..

Sep
Jan

59% Mar

J.

Service $6

•

6

15%

ft Feb
—

Jl

Sep

Jan

Feb

<

Warrants,

General

Sep

36%

ft Jan

■•••

—

I

common—.

7%

12%

»

'

preferred A

$6

Cosden

4J Jan
%

6

100

0

—

*
-/..l

July

% July

500

—

J.
88

—

preferred......—'

General

Co..

6

Aug

4% May
61

6% Aug

%

12% Apr

7%

1,100

Jan

—

—

preferred A—10 '

preferred B___

Gen Gas & Elec $6

Jan

7%

-

106

ft May

--

—

%

General Fireproofing common..—*'

57/# Jan
88

% July

/>,600

10%

Apr

..

Feb

52% May

'

—.

;

rets ord reg__—w— BI:.

General Investment common.—

100

preferred

3%

Jun

Continental Gas & Electric Co—
:

Jan

88

350

105

—

July

4

General Furnace 5%
Consolidated

105

..100

preferred

5%

'

'

5

...100

...

96% Mar

30

—

1%
28

Jan
Mar

Volume

THE COMMERCIAL & FINANCIAL CHRONICLE

Number 4111

156

1135

NEW YORK CURB EXCHANGE
STOCKS

;

Ended

Week

Sales

Range

for Week

of Prices

Friday
Last
Sale Price

•

Curb Exchange
Sept. 25

York

New

r

Week's

Shares

STOCKS
York

New

Week

Range Since January 1

Curb

Ended

Week's

Sales

Last

Range

for Week

Sale Price

of Prices

Shares

Friday

Exchange
Sept. 25

Range Since January 1

'

Low

Par

Gorham

Mfg common
Rapids Varnish

Grand

Gray

Mfg

Great

7% .1st

19 Va

3%

314

3%

100

3%

3%

—

5
Pacific

&

800

2

175

58

29
Jan
4Va Mar
3% Sep

Apr
Feb

3% Aug
t

May

Tea—

Par

Lackawanna
Lake

preferred

72

70

72

•

stock

common

High

Aug

124

1

Co

Atlantic

Non-voting

Low

High

10

100

83

Jan

134'A

Jun

RR

Shore

Great

York

New

Northern

Grocery

Stores

ft

1
-25

Brewery—

Paper

*—

Greenfield Tap & Die—

900

.

!'

—

Yb

27 'A

27 Ya

50

6%

—

*

6 v8

100

'7.

i1.

%

ft

Jan

Jun

5Va

common..25c

Products

Jan

27

35%

Jan

Jun

7V2 Mar

Feb

J)

Wells

Lane

Co

Low

20

6%

1

Sep

43 3/a Mar

6%

6%

1,600

5

May

9

2 Va

600

2

July

3

5

2

Jun

100

100

Jan

1

preferred

common

1

B

Jan

Jan

2'A War
102

5% May

Laugendorf United Bakeries class A—•
Class

High

2%

Lakey Foundry & Machine
Lamson Corp of Delaware.*
7%

High

100

Mines Ltd

Lane Bryant

Greater

(N

Low

.July

6%

Feb

13 V*

Feb

Apr
274 Mar

1 Va

Jan

l'/a

Jan

9 Va Mar

1% July

Apr

2%

•

10 Va

Jan

13 Va

1

Lefcourt
Gulf Oil Corp.
Gulf

Utilities

States

$5.50

pfd

*
•

$6
preferred
*.
Gypsum Lime & Alabastine

& lK>

31 Va

32 >A

—25

24% Mar

3,600

102

-

103

"

Jan

Apr

108

Jan

92 Vt

80

Apr

109

Jan

2 Vt May

.77

•

34 Va

91

,1

—

103

—*

32'/a

2Va

Feb

r

Hammermill

Paper

*
*

.

'

vv'jC^:

3% Feb

;•

100

18 Va

15

4Va

4%

800

25

Development

ft

iV

3,100

(R G) Inc..—

I

Material Co

Inc 6 %

(Thos J)

Brothers

1

22

21

...5

preferred

22

5Va

i

Hartford

Electric

Hartford

Rayon

Harvard

25

Light

Brewing

Apr

Jan

46

Lone Star Gas

Long Island Lighting common
7 Vo preferred class A

Corp

Hazeltine

1%

5

convertible

l'A Aug

1%

Apr

3'A

20%

Jan

Louisiana

Land

1 %

30

43A

25fi

200

2'A

Jan

Louisiana

Power

Sep

67 b

12%

50

6%

7

Jan

Jan

Lynch

4»/a

1%

Sep

50

2,000

474

30

25% Mar

3% May

30

ft

"" %
16 '/a

50

14 l/a

15 %

250

2

common

6%

Rubber

Heyden

s

Hoe

5

Products

(R)

9Va

7'A Aug
5% Apr

200

100

9 Va

10

Chemical

Hildick

;

:.;'7

6

5

...

common

10

Aug

20

•

Henry Holt & Co participating A
Hewitt

574

•

25

—

•'

•

2%

& Co class A

9%

preferred class B
Loudon Packing

Hollinger Consolidated O M——
Holophane

•

Horder's

Hormel

Co

3%

300

14%

100

6'A

•

Inc

100

1st pfd v

—

—

—

(A

Horn

&

5 Vo

CI

Co

...1

common

.'•■;

*

Hardart

"V-

'

:

?

—

37a

>

Hubbell

(Harvey) Inc.—
Humble Oil & Refining
Hummel-Ross
Hussmann

7

Fibre

Sep

Mangel

Jan

$5

Mapes

Marconi

Jan

12

Jan

31%

Sep

7%

Jun
Jun

3

Aug

27%

107% Aug

--

V

t

for

c

1st

v

55

51%

55

3 Vt

—1

'-■w

..1

46 V2 Mar

58 V2

900

2% Aug

51/2
6

9

preferred——

Jan

(The

Feb

ft

4»A

50

Jan

Sep

12

10

100

c

2074

munication

Co

3Va

2

1,500

Jan

Power

Div

Zinc

Co

'

3V2

*.«•

1%

1 Va

Mass Utilities Association

Mead

Memphis Natural Gas

t

v

tv

1

c

_

Johnson

&

7%

7%

Merchants

&

Sep

23 Va

Jan

Mar

2'A

Jan

May

2%

Jan

8%

Sep

6

Jan

8

Sep

9

Jan

8V2
4 Va

Pipe Line

90 Va

90
22

24%

4%

Va

600

2%

50

91

International

Cigar

Machine

Apr

23

Sep

12

Apr

25

Sep

14%

250

7 V.

Feb

1,250

55 V2

Apr

7774

ILV4

100

2%

•
*

International

Metal

2>A

Inc—__—..1

Industries A

International Safety
International
Class

Razor B

Air Chute—J

—

4%

Apr

jl

Jan

11%

Aug

.

■

9

600

Jan

4 7

11 Va

Sep
5'A Sep

Jan

2%

100

38

100

2

6

6

6%

74 Aug

July

"7

Aug
May
Apr

-

100

6

1,300

3%

Apr

4%

:

3la

22 Va

02

Feb

ft. Jan
10

Feb

28 Va

Jan

7% May

*

15 7 Mar

23

July

%May

1

Jan

1

—

Italian Superpower A

Apr

-

*

.

Royalty.

Irving

Jan

ftFeb
2%
S

*
•
1

$7 preferred

Iron Fireman Mfg voting trust

IY2

*

Mills

Investors

5 YB

*

2% Aug

Jan

1/128 July
8 Va Mar

4: 700

5

Feb

lVa

1,400

ll'A "11%

•

preferred
prior preferred—
Interstate
Home Equipment—
Hosiery

Jan

l'A

2,100

11%

•

$3.50

Power

ll'A

*

i

$1.75

Interstate

11%

*

.

—"

Interstate

1,000

•

Utility class A

B_

f:

4 V2

'

l'A 7 1% i

International Paper Co warrants
International Petroleum coupon shs__•
Products

"13

107; Aug

Jan

s'v.i'-t'Cl

Industries

shares—...

1

2'A

——•

International

Registered

7

68%

14
65

.50

International

Jan

Apr

12

50

■

11 Va

14%
68'A

series

$3.50

107'A

86%

180

25

Hydro Electric— 77

Preferred

Sep

Ve July
17V2 Aug

100

International

4%

Yb Mar

.10

—

North America

of

Co

Jan

23

*"■

23 >■

Industrial Finance v t c common—1

preferred

12% Aug

Apr

:

13 Va

13%

'•

13 Va

7%

ctfs—_*
—.1

8'A

200

7

% July

Jan

15

ft

Jun

9 Va Mar

7% July

100

.

'A Jan

10%

300

Sep

aa

Sep

>

Merritt

(F L)

Glass Co

Jeannette

2%

1

Co

2 Va

*

Jersey Central Pwr & Lt 5%%
6%

preferred

7'/e

preferred—.——.

2%

1,600

%

100

7%
63

pfd„100
100
—..100

61%

63

1%

Jan

2%

7/a Aug

100

A

&

May

81

61

Textile

*

Ken-Rad Tube & Lamp A__

5%

Lighting 7% ,pfd

Class B

""loo

~m'' '7-

preferred D

36
29

100

„

29

v

..

•

Kingston
Kirby

Products

Petroleum

.

_

_

1
1

_

-

•

Apr

88

Apr

95

Co

Midwest

Jan

Klein

(D

Kleinert
Knott

Emil)
(I B)

Co

*

common

Stores

1%

7

9

Vz

9%

A ;4'

•

9%

—

--

&

preferred

100

Minnesota

Mining
Pwr

95%

9574

98

4 r!f>

convertible

Kreuger

H)

1st

preferred

Voehringer

Brewing

Co

1

%

Jun

1%

Jan

Feb

7

footnotes

see

page




~3%

3%

/.

200

Apr

9%

■

7

Sep

7%

Jan

2

• '

6% July

Corp

14

Sep

4

8

8 Ya

July

113A May

14 V.

July

24

Sep

41 Va

% May
x5% May

l'A

Jan

7

Jan

—

14

;

24

50
175

.

~6

"

.

:

V

13% J

13%
1 Va

400

7... 50

Va

Feb

Sep
Jan

Jan

1%

13 Va

Aug

14 V2 May

IV2

Sep

2% May

700

% May

•~

7.

41

pfd. —100

pfd.

41

3974,

•in 500

7:

——

v., /;;

I.

'M,

— -

7'A

"4%
—III

15%

'■

U

—

.7%

1; 200

474

-

4'A

16%

*

v

82

Jan

103

July

44'/a

90
--

—.

Feb

May

May
3'A Apr

«

Pictures common
Monroe Loan Society A.

% May

32
67

i

'

>

..

100

7

4% July

Jan

1,100

4

500

15

Aug

"

300

7%

Apr

:,7

17

u

5

12

1

Jan

5%

Aug
Feb

30'A Mar

Va May

l'/a

Feb

1

Aug

174 Mar

5

Aug

6

140

152

Mar

161

100

>.15%

Feb

15 Va

July

livi?-'

Montana

Dakota

Montgomery
Montreal

Utilities

•

Ward A

Moody Investors partic pfd.
Moore (Tom)
Dist stamped
Mtge Bank of Col Am shs_.
Mountain

v7'

10

City Copper

Mountain

States

common

Producers—

Mountain

—

.1

—■

Murray Ohio Mfg Co
Muskegon Piston Ring
Muskogee Co common

' -'V

•i

>7

.'

,

5c

1%

4%

July

1

Aug

5Va Aug

;

700
600

4

100

9

May

11%

Feb

60

99

Apr

114%

Jan

100

7

May

9%

Feb

108

109

3 Va

20

17 b
10

»

Feb

Sep

4%

10

100

Feb

17%

% Aug

MM'

5Va Aug

common.....*

Mountain States Tel & Tel

//'.'v

..

10

Power

'

158% 159'A
1774 1774

*

Light Heat & Power

3 Va

1% May
May

2 V2

2%
5

-

Jan

Feb

7%

Jan

10%

Sep

*

5

Aug

5V2

Apr

100

preferred

57

Aug

68 Va

Jun

-

■

N
Nachman-Springfllled
Bellas

Hess

common

Tv

1

>

City Lines

20

13%

*

common

preferred

Container

20

50

7

~9%

Jan

18%

Apr

20

44

"9

ft

10

13%

44

(Del)

"9%

*

7

1% July

•"

National

Rubber

Feb

National

Steel

2.

.

% Mar

,

12'A

Machinery

Car

Ltd

Feb

13'/a

Sep

11

Jun

14 %

Aug

50

39

Jan

45

8

Apr

10%

8% July
174 Jun

10%

5,200

National Transit
National

8

Feb

3'/a

Feb

National

99

Sep

Nebraska Power 7%

Apr

52%

Feb

13%

2%

Apr

4

Tunnel

Union

Corp

&

Mines

Radio

70 .7

70

Jan

% 60

70%

95 '/a

62 Va

Apr

93

Jan

Jun

5%

Jan

2% May
77A Jan

Apr

•7125% Aug

'

24
8

24 Va

8va

100

Feb

Nelson

Feb

Neptune Meter class A__

7% Mar

Nestle Le Mur

10'A

"3

2%

Aug

1,200

3

9

Jan

10%

Sep

2% May

4%

Jan

% Aug

ya

Feb

9%

Aug

11

102%

40

102% 103 Va

Sep

113

Feb

Aug

84

Aug

84

•

■s ''

A

Jan

7% Mar

7

2,300

10%

Corp
class

11

'mm

•

Jan

Co

21%

400

<»

1st pfd—

(Herman)

'

100

8

*

preferred

Jan

Apr

30c

Co

Jan
Jan

68%

10

*

3

675

•

MM

Sep
Oil

74

12.50

10%

May

1%

73'4

*

*

Sep

11

73%

*

National Sugar Refining—
National Tea 5%% preferred

Apr

*

ft Feb

100

common

Light $6 pfd unstpd—•
♦
$6 preferred stamped..

^ 7'

700

•

1

Jan

9

6% May

"'va ""ft

'7';.

,

common

Candy Co

convertible

•r

•

Refining common.:

12 y8
-

4

JA Mar
2% July

25

14

.

'■w—

Monogram

Jan

Jun

Jun

900

1,000

—

574

a..

81

260

5% Mar

2%

200

8'A

Jun

1%

ft

—

2474

*

Monarch Machine Tool

7% July

"i
'

—

Jan

4%

'mm

•

\

% Mar

374

'.
•3

.

■

'

■

2'A

Apr

374

Mar

Aug

6 '/a May
'

MM

For

400
-

•

&

Jan

— —

—

200

common- —2.50

Pwr

50
——.

74

% ,7

'•MM,

Jan

100
10

4 Va

3%

common.

Missouri Public Service

Nehi

special preferred

Apr

•

Mississippi River Power 6%

National

'

IS

3 Va

*

& Mfg
Light 7%

Si

5% Aug

Sep

Feb

150

—1.1

Mar

Jan

Aug

474

3%

M——

Refineries

4

Kresge Dept Stores—
Kress

shares

& Stores

ft

30

106 Va

4%

t c.l

preferred

Supply

Mfg

1

Sep
Jan

99% July
JA Jan

1,900

10

Minnesota

Navarro

Koppers Co 6%

26
MM

%

5

v

Co

National

53

mmu

'

l'A

MM

Jan

1% July
l7/a Apr

\\ Jan

74

5$

1

National Fuel Gas

39%

—

—

•'*•(

M-MM

Apr
Mar

•

Jan

19

■

——

.

*

1,300

MM.

'-*"7

Jan

"

•*—

■

_

Inc

l'/a

115

4%

*

8

27% Mar

200

Va

Jan

74

_

116

1,600

6 Va

Sep

Feb
Mar

Products—

Jan

1% Mar

A

Rubber Co

Corp common..

Kobacker

174

;

29

•ft Mar
94

—

174

ft

July

10

mr'j

Kirkland Lake G M Co Ltd

^

Jan
Jun

374

Aug

3%

MM

'

■/,'

common

common

Molybdenum

800

23

Jan

Sep

Aug
Jan

374
21

"

Mining Corp of Canada

Mock Jud

125

126

Aug
Mar

2%

V

4

!
-

'.V

;

Piping

Mid-West

'l'"-'

Feb

2

18

MM.

24

,;V

•

Abrasive.
Oil

Midwest

90

1,900
•;;

'

MM

10

conv

160

274
'

■

V.

1%

•

$2 non-cuin dividend
Midvale

Mid-West

112

mmM'

—

Corp $2

Midland Steel

1 Va Mar

8%

'•

.

Petroleum class A

Corp

Feb

Apr

Jan
>

10

;

Apr

»

•

15

—;

v t c

Oil

•

25c

National

v

3'/a

Apr

'

■'

Jan

2'A May

"

36

Ya

6%

3%

374

i.

.

Hone Corp

West

'

—

B

Jan

Apr

100

24

—

•

Corp

Middle States

Middle

National

Kings Co

3Va

10

100

—.

_

6

100

May

174 &

'WM*
:

■

_

111%
674

Jan

Sep

2 Vt

ft

<

8'/a

2'A

1

Preferred

$3

6%

Jan

l'/a

100

110

Jan

K

*

Jan

3%

.

class A„1

Michigan Steel Tube..

Micromatic

112

:

■■

National

preferred. ..100

Sep

174

......

National

Elec 7%

27

Apr

Sep

1%. Jan

60

68

Inc

8%

8%

MM

400

Ya

*

Scott

preferred

National Breweries

Kansas Gas &

Jan

July

7%

•

preferred

Chapman

National

Kennedy's

'HY

—

3%

common

common.

Participating preferred
Metropolitan Edison $6 preferred
Michigan Bumper Corp

6%
Jacobs

—-

--

"1%

Manufacturers

Participating

Midland

&

7%
Indianapolis P & L 5Vf% preferred.100
Indiana Service 6% preferred.:
100
7'A
preferred—
——100

7 rfo

13% Jan

Jan

200

£1

Ireland

Insurance

7/a (Jan

Apr

5%

1,500

7%

'■

5

Britain

Great

%

1

MM'

2

2'A

;

*

Co

Feb

7% Mar

7

25 Va

'

MM

MM'

_

Dredging

Stores

2 V. Mar

£1
*
*

1

274
50

July
8% Sep

'

r-'i"-'' *•'

*

common

Mercantile

1

1,200

,

MM*-'1'.'

7

...

•M—

*

Steam Shovel

Michigan Sugar Co

Imperial Tobacco of Canada——

Indiana

16 'A

Jun

1V2 Mar

'

Jan

1.

Am dep rets regis
Imperial Oil (Can) coupon.
Registered
—

of

200

-

*

..

Tobacco

ft May

300

.

7"

:

...

Jan

9

"l%

Imperial Chemical Industries—

Imperial

V3

-

20 Va

Mar

50

'

MM4

Margay Oil Corp.

Metal

Va'
20

50

Apr

23

%

100

12

Jan

Com-

Messabi Iron Co

—*

certificates—

arrear

Illinois

Co..

preferred—_

Sep

Mar

200

■.

*'

Co
Marine

Ltd

McWilliams

I
Iowa

74
274

MM

74

Mfg

International

6% %

5'A -convertible

%

274

Jan

1674

50

*

Warrants

Illinois

20%

v/7.:'

Co

Massey Harris

Sep
V. Aug

V4 Aug

5

;

4% July

Jan

9%

:

Apr

12

warrants..

Bi

Consolidated

Mar

Va

V

•

*

Hygrade Food Products

3 Va

4,500

100

preferred

Jan

15;

Aug

2,400

3%

*

Securities

4

102

■

Apr

112

5

•

Huyler's common—

Hydro-Electric

12 Va

__5

Co

3%

2ya Mar

May

Stores

convertible

Sep

21%

175

5

Corp

Ligonier

Feb

Jun

93

McCord Radiator & Mfg B
V

23 Va

Sep

M
Manati Sugar optional

Jan

2 V.

23

—

Jan

Feb

13

Feb

15

—

2274

%
24 Va

•

5

Jan

Apr

:

-

23

100

preferred

t

17%

27% Mar

—
.

;

Jan

Va May

1 Va

July

Marion
Horn

15%

1

common

12

'

■

8%

14% Aug

*

Exploration
$6 pfd

7%

12

•

& Co common

100

& Light

374

5 Ya Mar

1,400

— —

{Geo A)

Feb

Apr

Jan

5

CO CO

12% July

1474

14%

Aug

14

Jan

ll'A

Sep

67% May
l'A Mar

6

6'A

.

•

common

&

Corp

Manischewitz
7

1

Jun

Apr

Jan

6%
24

3% Mar

■■'

•■■■■■

14%

10

Jun

9%

100

,

i1

3%

374
—

Jan

Feb
Jan

574

*

,

Co

Preferred

7

6

__

*

Class A
Heller

' V*

..

100

6%

Conv

*

Rubenstein

6'A
16

11

3,900
2,800

16 Va

*

Ludwig Baumann & Co—
Conv. 7%
1st pfd

%

<

Helena

Apr

Jun

100

2% May
14% May

1%

50

Dept Stores

6%

7 400

16%

I6V2

— —

common

Hearn

Feb

300

__

•

Corp

preferred
Hecla Mining Co...——-.

i

5

Feb

% Mar

12%

•

•

12

%

1%

Hat Corp of America B non-cot com..1

27%

13'A

.5

Jan

19

May

40

July

*

common

Feb

Va

20

100

5 Va

5

Jan

4% May

Jan

l'/a

—1 ■<"

Co_

-

'

•••

: "a

—

%

ctfs— ._1

trust

voting

ft

400

'

i

3% May

25

Locke Steel Chain....
'.V

'

18 Va

-

Oil

Le Tourneau

Lit

'v

„5

Co

Lamp

Leonard

Lipton

H
Hall

1

common

preferred
Lehigh Coal & Navigation

Line

I

:•

Realty

Convertible

MM

1138.

')■

8% July

Feb

1% Aug

1

THE COMMERCIAL & FINANCIAL CHRONICLE

1136

Monday, September 28, 1942

NEW YORK CURB EXCHANGE
Last

Exchange

Curb

Par

Low

,

New

for Week

High

LOW

■
■

England Power Associates———*

New

%

21%
■

$2 preferred
.—A——*
Newi.England Tel & Tel..A——--100
New),'Haven Clock Co———-«—.—.*
New Idea Inc common.-—-------—*

175

Apr

1%
30'/a

■: '

—

7% Aug

7% Aug

;

' "n

100

10% Mar

12

50

68%
1%

Apr
Feb

.

'i..

15

;

16

■

'

■

350

;

7%
1

93

91%

190

optional warrantsClass B optional warrants—

i'XiaiiWiiy

99%

26%

.

•1

>

■

100

■

Jan

91%

18

1

.

Apr

102
7

11,500

43%

30

=

v

ic

Apr

% Sep
Sep

'

.

Jan

69%

''

1)

—

(.4

■

■

%

•

class A—
common—.—-—-—-*

%Mar

100

4,300

19'/a
A'W—

U1'1.

A-

i

139

50

525

%
5%

4

41%

41%

40

13%

13'%

■-r

Oil-—-—-—5
Indiana Public Service 6% pfd_100

Northern Central Texas

.

Corp.

i%

Richmond

Radiator.—.

ir5r

Rochester Gas & Elec

Jan

Cable Corp

Rome

3%

'4%

Jun

1,100

5%

100

—

\

Root

Sep

'

20

Petroleum

%

Sep

2%

2%

1%

1%

•'2

■*.

>

"

-

.

4%

18%

Sep

1%

Ryan Aeronautical Co.—AAA...A—1

200

Royal

3%

Ryan

2%

;

108

Apr

Mar

82%

99%

18%

.

St

Sep

Jun

2%

•

Ltd.,

Jan

76

Sep

100

Feb

112%

preferred—.—.
Oil

40

100

Jan

1%

2,100

100

1

Mills—.

.

>-r. I

:r ~

\:'

?

•

•

-.

-'rV *. *K. '

'

'.'A/'".

112

110

Feb

Sep

-98

Feb

Scranton

7

Aug

Scranton

•%

common.

Electric
Lace

$6

24%
'

•

common.—

12

14%

preferred..:—————50
cony prior preferred...——~—*

$3

United Filters B

Oliver
Omar

Inc,

Overseas

*

—

95

—

'

—..—-1

—

i

—

$5%

4%

Securities..—J—1

-

Jan
Jan

111

Sep

3

—

//-A;

.

17
48

Apr
Apr
May

40

—

Jun

$6

preferred

"

.

Scullin

Steel

.*

—

Apr;

8%

Co

16

Sep
4% Jun

July

Segal Lock & Hardware...—1

Feb

-

;

9

Co common—•

Can

1st pfd——25

28%

.25

26%

26%

75

75

preferred———,

5% f/o: 1st

200

28%

Pacific Power & Light

Public

90

7% pfd-

100

$5.50 prior stock.—.—
certificates.—

3%

Sentry Safety Control.—

Jan

Serfick Corp class

87

Feb

Seton Leather common..——

3

July

Shattuck

11% Feb

13

July

3

Sherwin-Williams

3% May

3% May

8%

:

v-!

9

■

200;,

'

,

A'

Sherwin-Williams

;

Traffic <3o..——

Penn

Viz

.

—.—1

Pennroad Corp common...
Penn Cent Airlines common....

(

Pennsylvania Edison Co $5 series pfd.*
•
$2.80 series preferred.;.——

V/z

••

&

•

Sugar Prop

common

66

Pepperell Mfg Co

.

I—100

■

48%

90

.c;

*

Perfect Circle Co.'——

.90%

-V

Pharis Tire & Rubber.;^—.........—1

1

Philadelphia Co common;—r._

i

Phila Electric Power

•Awle-'

•

Phillips Packing
Conv $3

—

0

i—

1

j
:;
;

~4
,5%

4

40

preferred series A—

CJoyernor common.—;
—.....1
Pioneer Gold Mines Ltd

/

1

Solar

5%

■

South

175% Jan
50

Inc

Plough

common—
Scale

5%

.

Jan

22

10%

10%

67

72%

Pratt

Premier Gold

Mining..

V

Prentice-Hall

Inc

& Lambert

.—...7.50

Pressed

Metals

Co——.

*

America

.

.

•

;

63%

Feb

12

Jan

9

Apr

55%

200

.

Feb

2%

Sep

-

Jan

/

;

2%

7

Jun

3%
8%

Feb

Apr

7%

Apr

%

Apr

"■'"12

Jan

1% Mar

37/a

Sep

200
700

-4%

..

2%

200'

2%;-

■

'

18%

•

:

18'l4. /

38%

V

•

:
..

„

\

*—
'

'

56

3

•2%

'

'

150

16%

''

A

;

33

"■

,

'
'

-4%'

:

4%

•

8% Jun

Jan

4% Feb

Sep

2%

Jan

Feb

20

>.

-414';

100

-

Jan

2% Apr
A May
3

Jan

'

'

Sep
iV Jan

33

Jan

4%

Feb

V»

Apr
4% Apr
7% Feb

—

"

"A':

■■■

6%. Mar

::

:■

Service of Colorado—•

Public
6%

1st preferred

100

—

Puget Sound Power Si Light—
$5 prior preferred.
$6 preferred
Puget

Pyrene
For

footnotes

see

page

110

20

99

-99

100

109

Feb

111

Mar

103

Feb

..

■

42'/»

•

—

—5

;^--.,.10

1138.




41

-8%

8

-42%

87

35

275

Mar
Jan

52%

Feb

•
-

■

-

*1"

;

-

-8%

-A-

8

1,200

Sep
8V4 May

'•

>6% -•-6%

;

16%

Jan

8% May

"

100

'

6 %

30

110

Jan

,115

*

6%

6% Sep

50

7

Jan

{ Jun

9%, Jan
11''. Aug'

~

17% Apr
2
Mar

,15% Apr
1
July

—

130

164%

Sep

1% Feb

2

May

1% Jun

3

Apr

—

-

V 13

—

1%

■

...

1%
l%

3%
..

27%

—

-

California Edison—

25

•

Apr
1% Feb

Jan

Apr
Sep :

2%
:

Jun
Apr
Jan

Jan

2%

Apr
3% Aug.
36% Sep
27

Mar

"

July

Jan

29

Aug

23% Mar

'..Xfe

5'/a%

—

26%

Jan

July

>

% Feb

1

105

May

122

5

Sep

6

Jun

%
—

—

—

Pipe

42

24% Mar

30% Mar

original preferred—
..25
preferred B
————..——25
preferred series C
——25
Southern Colorado Power class A
25
5%

6%

Line————.—10

■;
1%

•
preferred A--.—-i.....^
.25
-Royalty Co———5
Spalding (AG) & Bros.—
...1 v.'......• 1%
1st preferred.....—...—.—...*
22%
Spanish & General Corp—
Amer dep rets ord regis—i—
,

Feb

6%
v

Jan

7% Mar

"*5% ~5%

%
10

23

Jan

29

Sep
6% July
1 % Sep

Jan

5

•

1%

1%
21 '/a

2%

1
Aug
23% May

1%

8%

Southland

Spencer Shoe Corp
Stahl-Meyer Inc

Jan

23

May

Sep

1/64 Jan

1/64 Jan

—•

Convertible preferred

7

Feb

.

1%

1%

11%

—

12
v

..

12%

12%

12%

14

Apr

2

1%

1%

1%

Preferred ;

B—_.—*
—.—.—*

.

1

6%

Standard Silver Lead.————1

Products Co.

Standard

Tube

class B..———1

17

1 Vb

-i.

(A)

——*

& Co common...——i..*
—,
_1

46

:

—

preferred
.i..
50
5% 2d preferred...————20
Sterling Aluminum Products———„1
Sterling Brewers Inc..
...—1

Sep
Apr

8

..

Apr

2
—

—

Aug

34

Sterchi Bros Stores—...i—.
1st

Sep

110% Feb
A Jan
Va May

,

19%-. Jan
6%

Sep

A

Jan

20%

Apr

,

2

Apr

:

Apr

9 Va Aug

3'/a

Jan

35% Mar

6%

4%

Apr
Feb

1%

»

Jan

1 % Mar

8

1%

46

8

.

6%

Apr
A Mar

Jan

(The) Corp voting trust ctfs—1

Steel Co of Canada.

6%

13% Jan

Jan

Jan

Jan

A Mar

»a

17

;

Jan

14%

May ;

4% Mar

i

i

Steel Spring.^..——5

Starrett

6'4

6%

Vtf

Standard

12

14

Jan

12%

it Aug

•

—

14

3%

Apr
&

Standard Power & Light—1
Common Class

% Mar

10% May
10
Feb

103

Jan

% Jan

it Jun
% Feb
lVa Aug
9Va Apr

—

;.10
Standard Dredging Corp common.——1
$1.60 convertible preferred.
20
Standard Oil (Ky)
—^..10
Standard Oil (Ohio)—5% pfd———100

2%

1% May

—

—

Standard Brewing Co.—.2.78
Standard Cap & Seal common.—...1

Stein

-

*

common

Manufacturing.

110

•

Sound Pulp & Timber

P.vle-Natlonal Co

96% Apr
106
Apr

—

1st preferred

4

11% Sep
78'A July

59% May,

1,380

..

——10

Standard

Gas

5% Feb

;

73% July

•

%

-3%.';

=
■

4

'

Alw

.

■

Corp of Nevada.,., —...1
Prosperity Co class B—i—

7%

5%
43

Jan

Jun

~% Mar
-

Feb

Sep

10% July

'

Producers

Providence

40

4% May

AA *' '
"

r

;.%
•3%

Pipe Line

Southern

46% Sep

1,800

i

— -

:

74% *76%

164%

25 '

Oil.——....

Pa

Feb

Jan

"A—■"

Z1*

Penn

Jan

~

.

.

Sep

9%

* :

-

;

—

Manufacturing Co.—,

4%

"

A

2

1,200
100

8 % May

:

6%

31% Feb

1%

,

A——

common

of

Jan

"

;

.

25C

.

4

•

:■

*

Jan

37

50

V\

of Canada..—.....*

Co—

Aircraft

Southern

Feb

3"% Aug

Apr

July

,

..

430

'

:

:

,

112% 112%

112%
i'

pfd series AAA—....100

Southern New England Telephone..l00
Southern Phosphate Co
.10

1

700
A

—V;> "2%

;

common.— .—^..10

•

K

49

-

Power Corp of Canada.—.^.

% Apr
4% May

Feb

Aug

96

31% Mar

4,500

'

71%

Polaris Mining Co..——

11%

common—.——.——..*

Southwest

3% May

Jan

May

3%

:

Southern Union Gas.—

"1%

47%

cum

Co

37/b Mar

300

800

10%

1

Pneumatic

2%

2

75%

:

25

common

Sonotone

Jan

.,8% May

5

,

.

-

—10

Metallurgical..—
Pittsburgh Plate Glass.
Pleasant Valley Wine Co..—..

% Apr
4V4 May

2%

1
Corp.^_———...———1
Soss Manufacturing common.——.—1
South Coast Corp common——1
Solar

Sep

'^i,V^ I'

+

48

.....5
Sugar common.-.^——
Powdrell & Alexander...;
—.5

.

%

■.

> 100

'

',

Potrero

«

9% Aug
Feb

30% Feb
Jan

29% Apr

A A '"-''''-

4S%'Feb
45'; Feb

56

105

Jan

1%
3

;

5,400 /

40

/•I

1

Pitney-Bowes Postage Meter,,..,
—50
Pitts Bess & L E RR
.50
Pittsburgh & Lake Erie—.....

:

-

Jan

'

■-

■

.5% ; =

.

39

—,

Pittsburgh

•;

4%

$3 convertible preferred
Simplicity Pattern common—..——1
Singer Manufacturing Co.....—.100
Singer Manufacturing Co Ltd—
Amer dep rets ord regis—.—.£1
Sioux City Gas & Elec 7%
pfd—.100

■

Mar

20

'■

300

Pierce

<

■i,

81
;

.

;

Apr

36%

.A—,

v

41

2V2 Jan

,

200

/

.

A%

.

4%

;

'
•

125
A

t

■..

,

—1

common...

.3%

.

;%>•

1.

v.

Aug

100

;

A.

3%

Mar

350

,

3%

.

.3%

-

•

Co.

]; Phoenix Securities

3%

.

_*;A

5% pfd.. ———25

;

f

..

*11%

Simmons-Boardmah Publications---,

Jan

;

^

•

50
..

•
.

•

67%

40

.

VV.'yA:

; 48

:

■

A Mar
Sep
64% Aug

•

680

*141% 141%,;'

'

Penn Water & Power Co..—

1

'■■v.;

75

66

Mfg Co————. —50

Salt

Penn

.i-iA—, ' •

•

67%

/ --1

—

Penn

Apr"
Apr

Sep
AA"

31% Aug

5% Apr
26

jvi:'!

.

Ai':
30

Sep

41

A—•

—-

•'

__

68

Light $7 preferred—.*

preferred

$6

—

;

Penn Gas & Elec class A com.———_* ■■;; ■ •i. 1 •
Power

■

■

$
i/* .♦■.v

^.A

'

.

"2%

"

Penn

■l;

100

5,200

;

'

>,):

:;v/

'

3%.V 3.700

...

8%

;

—

v..

2%

v';: 3%

.

1

i

it.r**".

2%

.

3%

.

—

May
29% July

Silex

14 Sep

:

24

■X fr^ii

...

:

'a

4% May

..

"/vA—•,>

.

.*

common..

preferred A—.—25

$1.40

:

Telephone

Jan

Sep

l% Jan

'

——•

Mining.,—————5

Denn

4% Jan

Aug

10

" a

::

'

Peninsular

38

43

M

Shawinigan Water & Power—

——

Parkersburg Rig & Reel—;
Pafcchogue-Piymouth Mills..—

.

;

———1
.1.—.1

Jan

98%

5%

i

41%

—

"

27%

3,600

Parker Pen Co.......———.

|

•;

38

25
....

Apr
71% Aug
2% Aug

i

Motors Corp—...

Paramount

Mar

Jan

100

12

1

3% Jun
12

:J: it July

'

Pantepec Oil of Venezuela Am shs—

'?

1

10

;;

—•

Service——

1st preferred———————*

$1.30

29%

V

it dart-

.—.5

...

Vi fan

J

Jan

f

Allotment

July

Apr

22% Mar.

200

Pacific Lighting $5 preferred———*
Pacific

9

July

24%

Convertible stock.

July
Mar

36
l

■

2 % Mar"

8%

ivm.-:

"

it Apr
3%

Jan

69
;r,i;;

26% July

—

1

Aug

;'9%Jan

% Mar

—
—

•

Jan

19

6% Sep

Selected Industries Inc common—-1

Pacific

26

112% Mar

.

—

Securities Corp GeneraL--.^^.^——1
Seeman Bros Inc.
*

2%

Seiberling Rubber common
Selby Shoe Co

Pacific Gas & Elec 6%

15% Aug

Jan

29

;:,Apr.
% July

'

;

4%

V

12

-

Mar

--

.*

common

••

Jan

111

;:

Jun

21 '/a May
% Jan

:

19% May

500

Jan

A

Jan

1% Jun

—

25%

—

Jan

3%

it Feb

;
-

preferred———*

120

Apr
Sep

%

-

10

—

Scranton Spring Brook Water Service—

" '

Oklahoma Natural Gas common—^15

Sep

Feb

"•

19

—

'

-

Feb

10% Aug
2% Jan

Apr
%

i:•

—...1
Convertible preferred....
..—25
Scovill Manufacturing...25
(D A)

Mar

•

U

%

Jan

1% July

—

5
—*

common..—

107

2,300

2%
—

*

Co

Co

Schulte

91% Apr

25

2% July

..

1% Aug

—

1

91

130

91

"

-

.

% Sep

..

8%

.100

Co———

United Corp common..—

Oil

Schiff

Sep

100

;

Jan

110

%

—50

Regis Paper common.—————5

Savoy

'17% Feb

90

99

5%' Feb

V* July

•

A $2 conv pref

Lawrence Corp
Class

Feb

14

100

91

:

—

common———^—5

Oilstocks Ltd

83

1%

100
200

112% 112%
107% 107%

107%

Ohio Public Service 7 %
1st

2%
15%

"

Jan

9% May
6% July

Jan

5% May

preferred-——A100

1st p*fd_.A100
preferred..—..-w——-.—100

Ohio Power 416%

6%

2%

14%

—

15%
82%
112%

Jan

Jun

1%

hJan

3% Mar

Jan

Sanford

-4
common—.1—*
Ohio Edison $6 preferred
..A—*
Ohio Oil 6% preferred—————100

15

53

Jan

1%

Co class B

2»/a Jan

■

Feb;

3%

Consolidated Petroleum..'.—
*
......1

Samson

Brass

Jun;
Apr ''

May

Salt Dome

Ohio

Jan

9% Jan
4% Feb

v

St

Ogden Corp common

05

•12% Mar

'

July
as

Apr

11

July
V* Jan

'

1"% Mar

1,600

18'A

18

18%

Corp.————•

5%

1

9% May''
36% Mar

Russeks Fifth Ave..2%

Apr%.

77/a

'

Jan '

May
10% May
7% Apr

—20
Typewriter—.-———-.—*

19%

102

■

Jan

Apr
x6% Jan

77

Co__-J™———.1

Jan

72%
;

•

5%
•11%

-A % Mar

$1.20 convertible preferred—

88

87

85

..

'. '■

;i''

—«

11% Feb

•

■

5% Jun

f' 300

5%

Roosevelt Field Inc..——————5

Feb

52

Jan

aY Jan

-2%May:
10
Apr

5,100"

li

n

5

:

%

Jan

Jan

1%

18% Mar

/

'

6% pfd D—100

common--—.

%

A May
3 % May

2%
•

Apr

Apr
9% Jan
'.

Sep

16% Apr
51% Apr

At

:

Feb

it Jan
41%

% July
14%

Roeser & Pendleton Inc—■AAA—.*

;

Jan
Jun

i<i
16

.—1

3%

-

,v Jan,

:■-/

,..v

W 6%

Apr

1% Aug

:—.—50c

Jan

^

Apr

50%
600

'

Novadel-Agene

Jan

Jan

5% May

Apr

15'% Mar

V;'■

A

S3;

85

'^.v; •'*,

preferred—
-———.--—100
Line———A—10
Northern States Power class A_——.25
7%

Northern Pipe

Jan

8% Apr

■

12% July
45% Aug

"

Ryerson & Haynes common—;

Nor

70
.150

it May;

i'«

15%

14%
v

15% May

■

.

Securities—^

American Utility

North

Apr
May

8%,Apr,.

%

-1

90

Jun

A Feb

....

—

2%

;

100

-'v

2%

5% Sep
% Feb

•

600

.

68%

—

———50

prior preferred.—

6%

56

60

5%

Reliance Electric -& Engineering
—5
Republic Aviation
———1
Rheem Manufacturing Co.—
1
Rice Stix Dry Goods—————*

1/128 Mar

Apr

8%

1

•

2%

64

North American Rayon
B

% '

■

-

19%

67'A

preferred

86

3,100

A V. %

-

■

Class

'

./i 9%

■

2%

V*

•

North Amer Light & Power common— 1
$6'

,

••

r

Elect ric———————1

Noma

High

■',/■

Co

Reiter Foster Oil

Jan

2% Mar
.

:

1
Nipissing Mines.-———————i-5
B

30

,

—

Rio Grande Valley Gas-Co y t c——1
300

2%

■':

9%

:

■

common—iA

Reed Roller Bit

Feb

53

£>C<iUiAO*v-o

CL

Red Bank Oil Co.:—....—:

Feb

1% Feb

/

*

Sep
1/256 Mar
A JUn

*""T '•

.

2%

common---——5

Nineteen Hundred Corp

Low

65%

•

—

Raytheon Manufacturing common—50c

Mar

27

30

——

.—

39

2,375

;

30

■

.

preferred.———-—100

A

65%

143% 144

Packing Co com
10
Raymond Concrete Pile common—*
$3 convertible preferred—
*

Jan

Jun

19%

-

-90

;

"

Class

Range Since January 1

High

•

.——*

Rath

Jan

25%

May

94

50

27

39

.41%

10% Aug

Jan

16

600

f

*i.i;

27

Niles-Bement-Pond

Co—

.————10
Railway & Utility Investment A
_.l

'

Niagara Share class B

Low

Radio-Keith-Orpheum option warrants-

Feb

18

6% July

19

99%

common--—10
——100
preferred——-—-——100

Class A

17 Va

■■■

Niagara Hudson Power
5%
1st preferred
2d

2%

74
:

;

19

Co-—.——-—5
Yf. Water Service 6% pfd
—100

5%

r

81% May

—

—

,

New: York Transit

N

Apr
lVa Apr
2% Mar
1% Jan
11% July. ./

300

1%

/

—

N Yr State

Power

Voting

shares.--—.—-————-1
Electric & Gas $5.10 pfd-100

:A 'A-

.

Jan

3Va

'VV 1%

"

16

^Pounders

Par

Jan

Power &

$6

AA

preferred.—JA-A———100

6''r

Quebec

." A'-v\'.XJ ' v~

N Y, Shipbuilding Coip—

Shares

Jan

600

..

Merchandise.————10
Light 1% preferred—100
preferred—__*

N- Y
N Y

Feb

11%

/•••'

.;'.S

for Week

Quaker Oats common————*

Jan

4%

-

59

warrants

^

101%

Apr
Apr

11%

1%

Rosario—.———10

N Y; & Honduras

3

58%

NeffiB Mexico & Arizona Land.-—-----1
Y Auction Co common-———-—*
Y City Omnibus

80%

11%

N

N

150

■

:■

59

Zinc____—"5

New) Jersey

85%

84:

Sales

Range
of Prices

Friday

Jan

.

1

Week's

Last

Sale Price

Exchange

Sept. 25

Jan

Apr

Curb

Ended

■'A-;

High

19%

—

21

21%

preferred.———---100

6%

■

m

York

Week

Range Since January 1

Shares

of Prices

Sale Price

Week Ended Sept. 25

^

STOCKS

Sales

Week's
Range

Friday

STOCKS
York

New

Apr

6% Sep

Volume 156

THE COMMERCIAL & FINANCIAL CHRONICLE

Number 4111

NEW YORK CURB
STOCKS
York

New

Curb

Ended

Week

;

Week's

Friday
Last

s

Exchange

Sept. 25

Sterling

Inc

Stetson

(J B)

Stinnes'

(Hugo)

Stroock

(S)

Sullivan

Machinery

BONDS

for Week
Shares

Low

••.v/V A,Par

V,

Low

High

U

Co.-:aiA

2%

*

common...

Corp..

_

21/2

21/2

100

1
:

Jun

8'A

23/4S

Jan

%

Aug

13%

Jan

12

Apr

6%

American

Jan

3Va

Apr

9'/a

Friday

Curb

Exchange
Sept. 25

Ended

1

Interest
Period

Week's Range

.Last

or

Jan

Sep

Friday's

Range Since

Bonds

Sale Price Bid & Asked
Low

'

1/4 Mar

•

__

York

Week

High

Apr

2

5

_

New

/:

Range Since January 1

1
Co

EXCHANGE

Sales

Range
of Prices

Sale Price

.

1137,

Sold

January

No.

High

Low

1

High

Gas & Electric Co.—
f

s

debs

.1950

3%s

s

f

s

f

debs

Pow

& Lt

;

j-j

.1970

;

j-j

.I960

debs

3%s

j-j

103% 103%
$106

102

18

106%

104

101% 106%

106% 106%

:

102% 109
-

Sun

12

Oil_,»2„____:

Sunray
5%%

convertible

Oil

Superior

preferred

50
25

(Calif)

Co

11%

111/2

*
1

Ray Drug Co

300

021/8

1,000

40%

-

700

•

371/2

26

Superior Port Cement class B com....*
Finch Oil Corp__

Swan

9!/a
V

1% May J39% Jun

10%

.2'A

Feb

deb

Writing Paper 6s
I
Appalachian Elec Pow 3%s

Co

,_A.

21/2
"

Technicolor Inc
Texas

Texon Oil

♦-

common..,

pfd

Light 7%

& Land

Shovel

Thew

Tilo

&

Power

2

common

Co

Co....

21/4
161/2

Jun

7%

2,900

92

Arkansas

Lt

&

Pr

Elec

Associated

5

2%

Roofing Inc

200

2%

15

15

3%

86

4%s—

50

300

3 Va

14

Realty

&

Allied

Tobacco

&

Tobacco

Product

Construction

.13

A

Jan

AConv

Jun

Stocks..

%

15%

*

2%

Feb

Amer

Todd

dep

Sep

4%

-

60

30

93

90

85

11%

11%

8

11

11%

CO

7%% 11%.
7%, 121/4

11%

11%

40

7 %!<:•. 12%

a-0

11%

11%

11%

44

7%V12-^

F-A

11%

11%

11%

18

—1955

M-N

66

63%

66

12

1955

M-S

5%s_—

1977

:

Atlanta

Gas

Atlantic

City Elec 3%s

1 A;

5

%

Sons

Jan

5s

&

Light

4%s

4% Aug
95

109%

106

j-J

4106

107%

105% 107'/a

1947

j-d

100

100

100

100

105

/ 114

.

warrants

Jan

111

Convertible

Jan

x103

Bell

M

5s

C

M-S

—

of

3%

1

Ur % Mar

700

/;3% May

1% July
Feb

5%

36

Jun

7Va

3

Jun

4%

Jan

Canada

250

Central

Mar

1

Aug

Sep
1% Feb

4'/2 July

6% Jan

38

U
Union

of

Gas

Aircraft

United

4%

United

Cigar-Whelan

United

Corp

4'/a

*"•••

•

1,000

12%

"lOC

Stores

warrants

a/a %

;I

%

El

Power

Gas

&

J-D
M-S

Af-N

—1964

5s

112 'a 115

1

>.

102'/a

a

152

2

102% 103'A

115%

112

vs

151'a 155%

100% 103 %

19

;>v

101% 102

r

$1031/4 104

'

,101%

—1954;

? •;

"it.

;

O

•

•

,

.

100

7

St

/■.';/

36

99 v'z 102%

-

Service

Cities

deb

1927

5s

Feb
Jun

Debenture

5s—

% July
16

J "

9 V*

r:.

T-

M-S

7%

•V;''

6%

104

86%

101 •.105 y4

-7%.

19

,4

7%

.

$100

J-J
F-A

35

4

9%

94

1001/4

100%

55%

55%

$102

A- O

A-O

1966

5s

y

79

$105% 106%

7%

1955

5s^.x——.Jan

Conv

"-'•t

20

11%

M-S

86

57

79

40

59V4

98

103%

104% 104 %

102%

99% 104 »/a

Jan

Debenture

Jan

J-D

1952

:

...

85 Va

84%

84

101:

.

—1953

Ry 5%s A

series B_.

Apr

57%

1/64 Jun

v-.

6s

Jan

Jun

2,900

—

Cincinnati

'

.

J-J

—1948

A5%S
•

■>'•-•7%

Va May

•
-

-

7

115% 115%

f 152

M-S

1953

5s_.

3%s

Elec

States

2y8
■

Mar

57%

Vi
A

32

*

United Elastic Corp

Jun

11

I'M'''':

7%

Feb

51/4

300

V'-Aji'w

,:V

111

§ A Central

Jan

3% Aug

:

Jan

3

>

Jun

2

6%

12

-I;I:'r

»

pfd

Sep

3 %

200;

-

6%

common.

2

2,500
'"-F

V'J

"...

Products

& participating

cum

2'A

VV'

•

common

Chemicals

4%

•

Canada

Union Investment

United

$3

10

Northern

Central States P & L 5%s
5 A Chicago Rys 5s ctfs
2

18

114'A

Jun

29

1

114

q-f

.1970

2%s_

Jan

l,

Udylite Corp
Unexcelled Manufacturing Co

Edison

%

,

•

preferred

<i

-1954

Boston

Apr

500

38

107% 108%

M-N

_—

.1968
,

3*2

400

3%

108

J-D

B

Jun

1

i

Tung-Sol Lamp Works

convertible

108%

Canada—

series

5s' series

;

6s

Telephone

1st

Jan

%

Apr

2,400

%

"3%
A

66

$107

—-—.1964

F.)—

(B.

without

7%

Chatilloifc

80c

1 %

4%

10
*

A

7%V 12%
55 %

Apr

Mar

1/4

1,100

1

...

Inc

Class

M-S

11%

Feb

Mar

95

100
__1

•

Tubize

47%

11%

Jan

49

58V2 Aug

93

03

100

Transwestern Oil Co—.
Tri-Cpntinental warrants
Trunz

38

11%

%

C :

Aug

60

•

Corp^^1,1.1

107%

148

44%

105

F-A

.1998

Trans Lux

42

19

Baldwin Locomotive Works-

Shipyards Corp

Toledp Edison 6#:,. preferred.^..
aT% t preferred.+A—
Jxx
Tpnopah Mining of Nevada—

"

44

j

1241/4'130

j-J

.1949
4

—

Assoc T & T deb 5yas A

Tobacco Security

Trust Co Ltd—
rets ord regis

1

——..x_.—xJ._1968

Debenture 5S
deb

j-j

■'

104%407%

1

105% 106%

w

1950

3%

Apr

2%

300

2%

2

1127

>i

,

86%»106%
79 W 88' /!

121

".106% 106%
"•'127

A-0

..1948
—

A

51/4

Feb

40 Va

_•

Exports

83

;

3'/a Mar

Aug

•-

95%

83

Co—

4%s

'AConv deb 5s

Avery

Tishman

93%
>'

J-D

1956

4%s

deb

Apr

100

21/2 Mar

i

94%

j-j

—1953

& Elec

deb

Jan

87/b

Jun

1970

.2024

5s.,._.—4—.1

AConv

3% Mar
19%

6% July

30

j-j

*i.{. »

8% July

Jan

200

6%

7»/a
91

100

300

18%

90%

18%

*

2%

18 Vh
;

1

common

m-s

1961.

Appalachian Pow deb 6s

A Conv

Tampa Electric

2016

—

.

§Associated Gas

Taggart Corp common...

Fi,

6s

Amer

Sep

VA Jan /

15

i

Feb

11

•

•.

Amer

Sep

45 y8

40%

Apr
Feb

;

Jan

Feb
Feb

317

74%
69%

77%

30

69%

83%

8i%

8iya

4

72

83%

MS

—1952

M-N

75%

75

J-D

75%

F 75

S'/aS.

.1949
Lt

77%

76%

77%

5%s
Connecticut

86

76%

77%

A-O

—.1969

...

P & L

Cities Service

86

J-D

1958

.1950

■_

&

Pr

7s

1951

A„

Af-N

,

76

66

76

$121

4

..

7

46

87

84%

62%

96»/a

64

126%

96 Va

117% 122

'

United Gas Corp common
1st $7 p»eferred non-voting

Option

.1

&

M

Elec Co 7%

1st

$3

Molasses

Amer

dep

Co

rets

United

N J

United
United

Shoe

3 V4S

Jan

1st

83 y4

Jan

Sep

1st ref mtge 2%s ser Q

'

700

Machinery

96
5

Va Mar

19 Va

20

lO'/a

5,200
A."/u

.

'f V:'*"'X;'*

■.

■

•

i.;A

IT'"

—

—

•,

23

Jan

85

Jun

100

244

common

Preferred

25

2

2%
250

Aug
Va Mar

25c
10

...

;

Jun

4

Apr
Jan

60%

61

550

50%

Mar

63% July

43

61

25

43

110

38

May

45% Aug

United Specialties common
U S Foil Co class B

1

4%

4%

300

3%

Apr

7

1

2%

2%

600

2%

Sep

U

5

S

Graphite

common

1st preferred

$5
U

Inc

S Lines

Securities

with warrants

Rubber

S

;

Wall

n

m

!i

Paper

2

1% May

,Va
12%

Insurance—.

1%

1%

1%

Jan

3,200
%

.1

7%

6%

Pictures

common

Co

14

25

*

Sugarx.

25
.

5

Utah Power'& Light $7 preferred
Utah Radio Products

1

•

2y8

47%

2%

200

47%

47

75

1

%

8"%
■

Mar

10

.

2J/a
41

Jan
Jun

Apr

'

26

May
Jan

Jan
Feb

29
v

Jan

14

3%
62

Jan
Jan

Jan

& Jan

43

42%

43

32

100

.

33'A Mar

43

3

104% 107%

VvV 25

99% 103%

1954

...

1955

Empire

5s—;

2030

Water

6s-5s

1952

■.

5%s__

.—.1961
4s ser C

1966

—.1954

Florida Pow & Lt 5s—

General

3%s

Power
Pub

1969

A—,

——1953

5s

Serv

Sep

convertible

$4

Venezuelan

preferred

5

Petroleum

1

Virginia Public Service 7 %

pfd

13

4%

100

Manufacturing.

Vogt

%

4%

44%

4%

3'/a

*

Aircraft

Co

•

100

I'V:;7

V

$46

M-S

96% 103%
25

105

104%

J-J

105%

7

103

J-D

104%

67

89
94

J-J

90

93

A-O

94

89

Vi

47

102'A 1061%
103

104%

79%

8

90

90%
100

$_a'C

60

83%

84

16

; :77

4sx.4_——1965

M-S

91%

91%

91%

33

85

.1941

MS

40

40

2

40

53

81%

90

Glen

Coal

Alden

(Adolf) 4'/2S ser A

§AGobel

$89%

86
Va

92%

1950

J-J

1950

F-A

Green Mountain Pow 3%.——.—1963

J-D

98%

96

1945

J-D

$75

80

67

81%

1958

J-J

$41 %

45

39

47

18%

14%

19

Trunk

Grand

West

Products

Grocery Store

West

&

Guantanamo

gAGuardian

4s

5s stpd

Nor Power

Great

6s

—

—1948

5s

Investors

1966

& Pwr 3%s

Houston Lt

series B

6s

Idaho
111

Lt

&

6s

1st

A-O

——1967
—1953

ref

&

C

series

5s

Indiana

109% 111%

,

A-0

86%

86'/a

83

87

86%

86%

83%

86%

:109% 110%

A-O

102

102V4

J-D

100 Y-t

—May 1957

102

"

86%

1954

A

108 % 108%

111% 111%

1956

ser

98%

17%

A-O

3%s__._

Power

Pwr

v

J-D

Jan 1949

—

90

$108ya 112

M-N

—Jan 1949

Hygrade Food 6s ser A—

Indiana

4%

Sep
Jan

Jun

104'A 105%

9

'

83%

Feb

90%

3%

105'A

102% 103 Ve

86%
92%
123'A

J-D

8% Sep

Hydro-Elec

5Yb

107% noy4

102%

98

99% 100 %

38

93% 105 %

J-D

97%

98 V4

14

90

M-S

9iy8

92%

54

88% 100

Mar

6

Jan

...100

79

Apr

81

J-J

98% 1061/8

AIndianapolis Gas 5s A
1952
Indianapolis P & L 3%s———.—1970

6

Feb

81/2 July

Feb

6Vis

104%
,

y4 May
% Jan

...1955

C

1941

1

(Dec

series

711A

25

71 >4

$107

..

108

79

103%
81

81%
118

105% 107%

■

Sec—

Power

series

A 6%s

A7s

35

80%

4$112% 114

__

M-N

80%

80

80 %

.1950

& ref 5s

100

79%

80%

F-A
A-O

Mar

•

102% 102%

M-N

'—1963

Jan

5

——.1958

5s—

5s

Service

1st lien

A

4

~xj

122

J-D

Rayon 6s A

glnternational

Wagner Baking voting trust ctfs ext..*

s

80 Va

68%

3

——.—1948

A General

17%

W
Waco

78
171

105
•-i

69

100% 102%

Jan

Apr

7% Mar

83%
91 %

122% 123

93%

60

1

41

Georgia Power & Light 5s.———1978

%

41% Aug

2,900
30

45

Apr
Apr

125%

69%

Mtge Bank—

stamped

Gatineau

68%
101'A

82%

90%

M-N

140

90

83

'■■///: AAA ::

M-S

1954

5s_

Service

Florida Power Co

%

M-S

Residential

Finland

68%

F-A

5s——.1956

RR

120;,

85%

101

101'A

M-S

Light

El

District

Federal

84'A

85

;■

M-S

&

Lt

125

..

J-D

3%s—.——

&

Power

Water

..

5s—..4—4-—1944

Eastern Gas & Fuel 4s ser A...—.1956
Electric

$121

a-o
a;

F-A

Packing

Elmira

1st

100

108 Va 110

107% 107%

—1958

S f deb 5%s

.1

PAn 6

109% 109%
102'A 102 »A

1st & ref 5%s series B

Valspar Corp common

v

(Bait City)—

4%s

Cuban Tobacco

1% Mar

100

109%

r

J-D

J-j

Jun

1% Mar

10c

stock

,3

5% May.
14
Sep

1,100

1

Products

14

7%

Apr

1% Aug

Jan

8

common

a3*

J-D

—1969

4.1976

Jan

% July
20% Sep

Jan

Universal

priority

Sep
Jan

A Apr

—_4___ 1971

Jan

4% Jan

;5

Feb

1%

Universal

$5.50

30

,12

Apr

*

Universal Corp voting trust ctfs—

Utility Equities

7%

I;,

Aug

*

Utah-Idaho

53%

Apr

27% Mar

100

Apr

A July

May

ii; 4%

50c

B

Universal

50

8%

Sep

43

2,000

•

Universal Cooler class A
Class

7%

29%

50a

United Stores common
United

75

52

6%

29%

7%

&

*/

...•

convertible preferred

$7

700

Jan

"V.

:

U S Stores common
1st

•

__1

Reclaiming

'V-A'ft V,.■/ (*.

■%

■

51%

78

>

20

10

preferred

conv

U S Radiator common.
U

32 '"

•

preferred

U S Plywood $L50

6% Jan

•

Gas

Gen mtge

3% "Jan

U S and International

(Bait)—r

3s ser P—

Sep
Mar

i«

,

Lt & Pr
N——

mtge

Continental Gas & El 5s_.

Cudahy
1% July ;V

Co—.—

series

Consolidated

Jan

25%

May

Gas El

ref

July

A Sep

72% Mar

I-'

3 6

•;•

Apr

21

-JV-

.

Mar

regis..

Canal

Sharing..
preferred—

,10%

Jan

a\

'A

•

Profit

RR &

Consol

126%

A

....

preferred......
Ltd-

ord

Sep

Apr
Jan

'F—

V*

f 20

participating

United

%

97»/a

F 3l2

""

preferred

United Milk Products

Iv

Jan

800

2,500

j'u

»»■

•

United Light 61 Power common a
Common class B

15,400.

116

114

100

pfd

%

A

116

warrants

United Gas

$6

%

*
...

E_

j-d

9'a '
'

..1955

coup

•

.

1957

9'%

9 '/2

$9%

11%

1

:'?/f 'C*

11%

$9%

•

6

:

'

10

5%

-

11%

5

f-a

10 y8

'

7%

preferred

Waitt &

Bond

class A

Class B
Walker

*

Mining

Co

Wayne

Knitting Mills
Wellington Oil Co...

—

West

manufacturing
Texas Utility $6 preferred
Va

Western

Coal

&

5

9

May
1% Mar

1.25

1%

•

86

5

4

3%

300

l

3%

3 %

2,500

Western Tablet &

1st pfd__100

Stationery

Inc

com

Coal

Weyenberg Shoe
(R

Oil-O-Matic

&

Products

Wolverine

Heating

Jan

Iowa

Jan

Altalian

.

.

coupon)

1941

.

5s

.

6s
&

Power

A Jacksonville

15% Aug
22>/a Aug

Kansas

12

Light 7 f#

Portland Cement

see

12

page




1138.

Mar

9%

125

8%

8

300

5%

Mar

4%

200

•

..

2

1%

"2

3.000

■

76%

75%
40%

411,4

.

..1963
1963

j-j

—1942
-1942

j-d

46

1965
1965

M-s

106

(stamped)

6'/a

7% Mar

Louisiana

1

Aug

2ya

McCord

8%
6%

Jun

Jan

12%

8%

Power

;

..a

76%

66

49

41 'a

$108'%
$10

—

;

'

44'a

—

46'A

11%
11

65

78 y4

31%

41 'A

107% 109%
6%

13%

Jan

Jan
Jan

6s

Apr

Mengel

Mar

104

Jun

4

Jan

4

Feb

5

July

3ya

Apr

1% Mar

.

3%s—,

..1966
1966
..2022
—2022
..1969
1969

3%s

j-d

10(3

M

12%
54

32

38

a;\ 8

105

107'A

106

106

108

$106% 112

|

120% 125

$121% 123

M-S

112

j-j

112%

Dist Pow

Pow

..1966
3%s___—1966

a-o

$106% 108%

5s

..1957
1957

j-d

1091/8 109 Va

1948
1947

F-A

& Lt

Radiator

&

•i

A-

'

**.

110

112%

-

1

conv

6

105 % 106%

107% 109%

Mfg—

stamped
Co

T''r" r+J:

4%s

M-S

$85

100%

80

88

89

98% 100%

100% 100%

Mar

Metropolitan
4s

series

Edison

4s E
6%s

Valley RR 5s

4%

Jun

Midland

2'A

Jan

Milwaukee

Gas Light

1971
1965

G

Middle States Petrol

5s

j-j

'■■

j-j

6s

& Light

Lake Superior

Sep

3

4%

1957
1957

.x,

/I

,:v

5%
5

22

10%

10%

Feb

94

'4%

Electric

5%

,

<

M-s

Kansas Gas & Electric 6s

5% July

—

•

__IIII~10
~pfdlllOO
I_io

Mar

5'A July
300

1\

•

1952
1952

4%s__—

Light

Gas

Kansas Power

161/4 May

5%

i+J,

4% Aug

13

25

5%

j-j

Jan

50

■■■.''XX

1952
1952

..1958
1958

Superpower

72

12

40

1957
1957

1952

Power

Debenture

611/4 May

21

""1

Inc

&

Woodley Petroleum
Woolworth (F W) Ltd—
American deposit
receipts
Wright Hargreaves Ltd
footnotes

Interstate

Sep

12

II.1111 _♦

Co

Co

Power

2%
95

(July

4

21

~i0

Corp

Williams

Wisconsin

Jan

Feb

3% May

A7s

coupon)

F

series

A7s

Mar

70%

•
20

Williams

Wilson-Jones

Jun

70%

....III
10
—..IIIIII. 1

Mfg

River Oil

C)

2%
2

Jan

131/4

1941

(Aug

Jersey Cent Pow & Lt 3%s—
Ry 7%

Westmoreland

For

3S2

Va May

Coke

Westmoreland

Willson

100
200

Air Lines Inc

Western Maryland

Wichita

%

1

Wentworth
West

%

1

A7s

4%s

1945
1943
—1967

A-O
M-S

109%

106

109%

110 % 110%,

M-N

107

1101/4

$109

M-N

98 y« 101

$100 % 100%

j-J

59%

6i y4

22

105% 106 V*

15

59%

55%

64%

102% 106%

THE COMMERCIAL & FINANCIAL CHRONICLE

1138

EXCHANGE

NEW YORK CURB
Last

Jnterest
Period

Curb Exchange
Sept. 25

Ended

Week

Week's Range

Friday

BONDS

York

New

or

1st

ref

&

Mississippi River Pow 1st 5s
x

1945
s&National Public Service 5s ctfs__1978
Nebraska Power 4Vis—
1981
6s series A—
--2022
Elec

Nevada-California

5s

Debenture 5Vis

-

A-O
J-J

1956
1948

113

95Vi

96%

-

49

Light

&

Power

51

74Vi

76%

123

65%

85

80%

78

8I1/4

134

67%

106

-

2

101% 106

1

109

108

108%

J-J

*/ —.A

A

M-N

108

A-0

108

//A--

■

■

/.

2

108

101
:•;

J-J

27

'

■

'A'

'

—

—

•

$107

M-S

■;

106

27

F-A

$27

S.

'

\

;t

'' •'••• *''

„.

'•'

!

11%

$10%

17

1951
1947

J-D

stamped

mtge 3Vis

1927-

Oct

(State)

VrAA'

7s

Sinking fund deb 4s

104

7

*

r

28

20

100

3

104% 105%

107

No

Cash

par

A Bonds

certificates
& L 5Vis
ref 5s series C
ref 4Vis series D

Sound

111

9

1%

1%

10

J-J

1%

1%

7

,

1st

&

1st

&

116%

8

r-A;:/1

§ Reported

107% 111%

111

111

;A:A. ,■ 1

e Odd-lot sale,

d Ex-interest,

.

$78 Vb

.—

__

100

—A

•'"'"A

70%

"wi,"

Harbor Water 4Vis

Safe
San

"cofl&," consolidated; "cum," cumulative;

"M,"

convertible;

non-voting

"n-v,"

mortgage;

11

106

,v v'«. -vY'--

-

•

,

2

104 % 106%

108Vi 108 Vi

19

105% 108%

3

132

101% 102Vi

44

98

102%

6

98

103%

M-N
J-D

100%

140

Below
on

$128

V'j;

2

A;/,

110% 110%

75

—

A

82

108

112%

129

130

Estate

Real

ASchulte

1951

6s

1951
Shawinigan Water & Pwr 4Vis——1967
1st 4Vis series D
1970
3s

Scullin Steel inc mtge

Sheridan

A:;::-

•

A/ 'V 'A..- Ar

,

—_1971

mtge 3s
Indiana

Southern

f

100

80
99 %

2

86

102

M-S

102

ties

&

Total

107.22

September 21

107.27

26.75

11.70

107.59

26.96

11.82

September 23—

108.27

27.08

11.82

109.11

27.41

109.37

27.52

—

Elec 3%s

L

&

P

Southwestern

Utlll-

Rails

ties

92.35

53.26

109.52

92.25

53.20

109.53

92.35

53.09

109.67

90.27

92.44

53.23

109.69

90.33

105.94

106

A-0

|

2

23

106

—

—

100

103%

106.00
105.96

36.31

105.95

12.07

36.67

105.94

92.46

53.42

109.71

90.38

12.18

36.79

105.93

92.58

53.10

109.73

90.33

55

5

50 %

60

'

'

'/■•■

60

Week Ended

103% 106%

95%

M-S

M-N

97

16

88

58%

60

14

'

/'Iv/AA/'/

Stocks

'

Sept. 25, 1942

60

60

59%

160

62 J/4

Standard

59 %

62

'43

77

62

1 1966

J-D

61%

59%

62

59

49%

61%

60

62

69>

49

(Hugo)

6s

inc 5s_

F-A

61%

60

62%

A-O

19

20

1946

A-0

J-J

-

49

50

19.

4 W.

7-4s
7-4s

3d

stamped™

tl2%

15

$15%

-

Certificates of

Friday

-

Total

18

Texas

Service

Electric
Power &

6s

Light 5s

1956

A

series

Tide

1960

5s

Water

._2Q22
5s

Power

/

M-N

.

10%

,

15
16

—

F-A

1968

105% 105%

18

105

J-D

1949

107

107

12

107

Domestic

shares

:

/■ >/.■

108%

107

1959

A-0

(Delaware) 5Vis_1952
United Light & Railways (Maine) —

F-A

—

City Rapid Transit 5 Vis

United

Electric

United

Light

N

J

4s

&

■

Bonds

Lt & Rys

A

series

6s

lien

1st

&

Debenture

91%

6

14

93

83%

-A

84%

63

69%

6s

106

94%

94%

106

'

.1' 1
27

95%

F-A

95%

95%

2022

M-N

91

92

118

118

1

A

debs

1954

M-S

4%

Ry & Elec 4s

....—1951

J-D

$109% 111

Wash

Water Power 3 Vis

1964

J-D

$102

Penn Electric
Penn

-

5s

Traction

82% lC-0%

5

92% 100

26

83%

99

142

5%
-

rm

102%

107

2030

A-O

102

102%

5

i960

,

5s

2%

5%

Stocks,
Number of

1942

J-D

112

112

1

Saturday
Monday

i

Total

178,480
320,290

$4,509,800

$138,500
308,000

88

88

1

69

88

69%

71

4

56

71

stpd




J-D

78

J-D

1947

81

80

2

78

81

11

Sales

$4,649,300
10,466,000

15,730,100

15,409,100

319,000

2,000

16,602,800

298,000

27,000

16,927,800

470,000

1,000

19,070,700

14,515,000

333,000

6,000

14,854,000

$79,794,400

$1,866,500

$37,000

$81,697,900

of

shares

3,253,136

1941

3,377,280

Jan. 1 to
1942

75,605,621

Bonds

1937
——

$1,000

18,599,700

1942

U.

S.

Government

Foreign
Railroad

i

Bond

521,930
700,900

Week Ended Sept. 25

99% 108%

F-a

5s

10,158,000

Total

Government
Bonds

Bonds

3,253,136

—

107% 117

F-A

,

Foreign

Bonds

851,110
680,426

-

Thursday
Friday

Stocks—No.

stamped extended to 1959
Co

United States

Railroad

and Miscel.

109

6s

Rys

1,991,000

$3,760,000 $125,509,500 $190,606,000

Shares

108% 109%

'

Newspaper Union—
6s unstamped extended to 1959

AStamped 5s

4,232,000

558,000

Daily, Weekly and Yearly
//■■

115% 118

Western

IA York

3,016,000

26,000

Transactions at the New York Stock Exchange

103% 100

2

118

Wash

income

167,000

1,000
$4,142,000

-

Week Ended Sept. 25,
A-O

1944

4Vis

series

-■

84%

111% 114%

$111% 112%

1

Total

Light Co—

gen

-

108%

Waldorf-Astoria Hotel—

West

-

$4,072,000

—.

Wednesday

West

:

69,000

Tuesday—

A5s

•

-

,1941

1942

12,779,880
20.324,482
", -• vV / •.
$3,567,000 $121,935,500 $184,383,000
749,000

450,050

B6V2 101
106

$108% 110
84

1952

—

Utah Power &

■

i

-

iL

-

Jan. 1 to Sept. 25

Co—

Power
1st lien & cons 5 Vis

United

727,000
$4,142,000

$1,000

118

107%

110% 110%
93

J-D

Twin

$69,000

107%

J-J

1952

Toledo

24,000
7,000

$4,072,000

Foreign government—

105%

J-J

1979

3 Vis

Edison

J-J

$411,000
557,000
$1,000
744,000
—779,000
924,000

—

/'S 5,000 V /

722,000

.

Total

Corporate

$10,000
23,000

Week Ended Sept. 25
1942
1941

Foreign corporate——..
Texas

Government

$411,000
547,000
720,000
755,000
917,000

25

15

deposit

450,050

—

——

Stocks—No. of

2d

118,445
96,790

—

-

Foreign

76%

17%

Corp—

Stinnes

Thursday

76%

1946

AStarrett Corp

.AA;/

—

Wednesday——

Domestic

34,655
50,095
62,110
87,955

76%

F-A

1950

Light

&

Power

76 Vi

1957

Dec

debentures

gold

76%

49

'

1957

6s__.

6s

49

A: 75

62%

61%

F-A

1951

6s

Debenture

-

'

•

Foreign

Shares)

Saturday
Tuesday

61%

A-O

•

Debenture

Exchange

Bonds (Par Value)

of

106

42%

A-O

...May 1948
May 1948

stamped

-

Daily, Weekly and Yearly

98% 102

4

56

Electric—

&

Gas

6s

,

Transactions at the New York Curb

103% 106 %

$106% 108

F-A

1989

(stamped)

6s

Conv

90.25

35.95

36.12
-

99% 102%

Monday
Standard

90.27

'

September 24

102% 104%
"

5

101% 101%
56

F-A

1970

Bonds

•:

'

2022

6s—

Spalding (A G) deb 5s^

40

/

Grade

Rails

(Number
Southwestern Qas &

Total

10

Grade

trials

35.97

11.77

26.81

Second

First

10 /-v.
Indus¬

65

Stocks

•;

100

17'

102 %

A

100%

87

104% 104%

J-J

roads

86

16

A/:

15

Utili¬

Rail¬

trials

•

.

55%

77

/

36

100'/a

103% 103%

J-J

53

1

80

99% 100

J-J

1951

4s

Rys

80

A".*

54

A-

20

30

Indus-

Af,

—

10

10

(Calif)—

Gas

Counties

Southern

3s

3%s

Gas

California

Southern

1st

Edison

A-0

A-0
A-O

1957
1965 '*A
1970

5s^_;

Power

California

Southern

1947:

Coal 6s—

Wyoming

Carolina

South

J-D

"

—Bonds—

Stocks

'

September 25™
54

vvif'

tr:;

;>•: yC*••• :vi-;

closing averages of( representative stocks and bonds
compiled by Dow, Jones & Co.:

September 22

7

81%

;

the New York Stock Exchange as

September 19_1~

M-S

the daily

are

150

96% 101

38

100Vi 101

81

J-D

.'"r,Y

••

102%

IO2V4 102 Vi

140

*

Stock and Bond Averages

108%

1051/4 105%
108 Vi

>

"v t c," voting trust certificates;

stock;

"x w," without warrants.

"ww," with warrants;

79%
■V.'*.-' V

A-O

1952

Joaquin Lt & Pwr 6s B

,

J

above—"cod," certificates of deposit;

used

104%

71%

107% 107Vi

M-N
J-D

1979

;

1

sales being transacted during current week.

no

in receivership.

when issued;

listed

Electric—
:—1952

A—

series

5Vis

Under-the-rule sale.

n

Cash sale not included in year's range, Easy Washing Machine class

y

and asked prices;

Date—

Queens Borough Gas &

15%

109% 1127/8

$105

J-D
J-D
M-S

:i

1%
1%

13

$16

J-J

Deferred delivery sale,

a

Ex-dividend,

x

96%

87%

96

111

M-S

—1950
1950

1

1 A

104% 106

—

.!■'C; A'V"

—1949

P

16%

J-D

being traded flat.

106% 108

107%

value,

sale,

t Friday's bid

105 % 108

'

A-O

perpetual

6%

Puget

20%

10%

J-J

16

'

Service of New Jersey—

Public

15

5

20

16

■

—

B, June 26 at 2%.

104%

M-N

of Indiana 4s——1969

Public Service

18%

28%

20

1949

—

28%

13%
18

1

18%
/--•A-'

M-S

1921

15%
28

25 %

30

18%

$29%

J-D
J-D

1919

6Vis

Government

17%

9%

25%

1959

6Vis_.

13%

10

1958

A5Vis

109

A1-. v" ;

30

$28

18%

13

0

18

15%

$28

A-0

7s

Janeiro

ARussian

108%

.

mi Of, ■

1931
1972

Mortgage Bank of Denmark 5s

"conv,"

1964
1949

.

33

■

15%

M-N

1

1927—

of

Public Service Co of Colorado—
1st

35

20%

12

M-N

61

95

M-N

-A.

25

33%

Jyl-S

—1952

Mortgage Bank of Chile 6s

de

15

;

34%

108%

111

"A

J-J

1956
1961
1947
1959

9%

V

$28

6%s stamped_1958

Alssue

97% 101%

38

:.A;;

./

105% 108%

15

<•-

41

15

15

14%

M-N

$3

of May

A Santiago

101

v&v

44

25

X

'

: •

High

25

107% 110

4

$104% 105%

—

107

ll/>

114% 115

F-A

1950

4Vis B_

(Can)

Corp

15

J-D

i)

1958

7s

Abbreviations

F
Sugar 7s stpd

Potrero

43

J-J

Alssue

Co—.

series

January 1
Low

0.

43

$41

J-J

1953

»■,

Waterways—
6%s stamped—

7s

AMedellin

—

101%

J-J

E_

High

$41

102% 106

";A

102% 102%

102%

M-N

Power

5s

V

1948

Mortgage Bank of Bogota 7s

A Rio

16

108%

——-—1970
5 Vis——1972
Philadelphia Rapid Transit 6s
1962

Edison

Range Since

Sold

&

City (Peru)

A Parana

106

$100% 101%

F-A

5s

Port

ALima

108%

50

1

v

106% 107%

107

A-O

F-A

1955
1964
1977
1979

A A 14

§

109% 109%

109%

111%

101% 105

1105% 107%

A-O

Extended

A

108%! 108%

F-A

extended

Bonds

Friday's

Low

'

L A-O

—1955

5Vis

Danzig

114% 115

$101% 102%
54
54% ■-A/

F-A

___1962
Aug 1955
1948

105

10

Vi 108%

$115

A-O

3 Vis

stamped

'

108%

111

111

J-J
J-J

1968

5s^_-

& Coke

ACauca

Danish

AMaranho

$106% 107

Gas

1

•

Bank of)

Mortgage
Valley 7s

(see

AExternal

105Vi 106

J-D
M-N

$105

Power

«

$107% 108 V4

J-D

Elec

or

Sale Price Bid & Asked

87%

—

Philadelphia

'

63

—'

M-N

5s

Agricultural Mortgage Bank (Col)—;
A 20-year
7s
April 1946
A20-year 7s
Jan 1947

62 Vi

43

76%

Pennsylvania Water & Power 3%s_1964

4Vis

42

A-O
J-D

Central Lt & Pwr 4%S—.

Potomac

62%

M-N

1st mtge 3s

Park Lexington

5s

96%

42

12

1945

3%s B

Week's Range

Last

Interest
Period

"

112% 114
57

101

1971

Oklahoma Nat Gas

Portland

84

65

96%

$112% 113

51

—1947
1948

4s

.Friday

.

Exchange

Sept. 25

■

Bogota

51

1969

Service

Curb

Ended

Week

124%

113

49

1954

Oklahoma Power & Water 5s

1st

106% in

49]/2

3s

Public

Penn

16

50 Vi

Ogden Gas 1st 5s
—
Ohio Power 1st mtge 3Vis—

Pacific

1112

9%

50%

3%s series A

mtge

6

100%

98

J-D
M-N

—,

SVis
Nor Cont'l
Utility 5 Vis
Northern Ind Public Service—

1st

8

1961
.1948

North Boston Ltg Prop

Ohio

12

11

i 107% 108

108

99

11

M-S

Service—
A
Nov 1949
Y State Elec & Gas 3%S
--—1964
Y & Westchester Ltg 4s
2004
Debenture
5s—
..
1954

1st

1101/4 112%

99

F-A
F-A
J-D
M-S

-i

6s series

AIncome

10

Public

Orleans

New

__

York

New

1948
1950

England Power 3%s
England Power Assn 5s

New

100% 1041/4

1947

-

New

105 % 108

50%

5s——

deb

Conv

N

—

Gas & El Assn 5s

New Eng

N

5s
5s

Gas

Amsterdam

3
10

BONDS

\

—

New

100% 105%

107 Vi 107 Vi

V.:

Foreign Governments & Municipalities

High

8

103 Vi 103%
111% 111%

X

....

Suffolk Ltg 5s—

Nassau &

Low

No.

104 y4 105 Vi

103 Vs

J-J
M-N

Range Since
January 1

Sold

High

104 Vi

3-D
J-D

1957
1951

5s—-

Mississippi P & L 5s

Bonds

Friday's

Sale Price Bid & Asked
Low

1978
1955

4%s__.

Minnesota P & L

Monday, September 28, 1942

71%

81

industrial.

1941

104,964,860
$15,051,000

$37,000

$221,000

1,866,500
79,794,400

2,420,000

91,446,000

116,617,000

28,473,000

1,534,896,400

1,416,757,000

$31,114,000 $1,632,144,600

$1,548,425,000

80

71

&

$5,802,200

Sept. 25

Total.

—

$81,697,900

Volume

THE COMMERCIAL & FINANCIAL CHRONICLE

Number 4111

156

1139

OTHER STOCK EXCHANGES
Friday

Baltimore Stock Exchange
Sept.*19 to Sept. 25 both inclusive,

compiled from official sales lists

Bastian-Blessing Co
{
V

:

'

i

'

XL '

$

■

•

O

'A, !■. -i

; ».

st*.

'/:V.

.v
•

AVVVV

•

Vs-'

..

.

'.-.-.v:

Last.

vA'

'

Low

Par
Arundel

Corporation

Baltimore
1st

Transit

preferred

Consol Gas Elec

653

Light & Power com—*

9%

10%

8%

of

Finance Co.

Amer

common

9

9

7%

2nd

4

—_100:
preferred—100

preferred

Transp—_——*

25

Vernon Woodbury Mills coin. 100
•
100

1.50

Mount

41%

21

21 %

Preferred

Miners

_____

________

Marine Bank—.

National

Amsterdam

21%

Casualty____ 2

%

30

9%
10

6'/a

Sep

26

Apr;

30

5</r

preferred

ser A

25

ex-warr——___50
—
2

29

77

Jan

16% Mar

21%

Sep

39

49

Sep

5

25

30

Mar

Cities

'

"•

Certificates of
Baltimore

-

A

V ■'

Club

Mar

July

23%

21 % May

.indebt 5'i>~.

Transit

Co

——

—1975

4s_

49

48%
102

49,000

-42*Jan
101%

102%

2,000

102% 102%

___1975

5s series

90%

Jan

88

$1,000

26%

716

19%

1%

600

7 Va

12

3%

3 %

4%

4%.

Interstate

Bond

4,000

102

100'A

2,000

100

100

5'it———i-1945

Co

Consumers

Vtc

Sep

57

7%

Jun

52%

52

Week's

Friday

of Prices

23%

23

60

23%

A

7%

1

'

Low

Par

Tel

American
Boston

Tel

&

&

Albany RR
Boston, Edison

_—25

—

Herald-Traveler—.

Boston
7%

—100

—

Maine

&

13

13

x

*

Utensil

Co

Edison

11%

11%

5

60%

61%

2%

class

100

preferred
A—100
1st prcf. stamped—100

B

class

7%

class C

21%

60%

12%'i

Calumet &

;

7': V

6%
1%

—

7'$

Hecla

%

17%

550

Apr
% May

615

4% May

170

4%

•

6%

6%

50

11%

11%

20

12%

13%

11%

12

6%

com

30

common

100

9

71

•%

Common

'

—*

Associates—

Fuel

23.29

4% ■

'iv;

'

4% •

s

2%

;V .W

44

45

21%

19%

21%

.

6%

preferred B.

,

,

Apr

•'...

Jan

4%

Feb

Lines

SS

Eastern

Preferred

5%

?

1%

50%

Feb

Co__

Royale

Isle

Mach——10

Hole

-4

Jan

70c

13

Mergenthaler Linotype——:——*'
Narragansett Racing Assn, Inc.——1
National Service. Cos-————,—_1;.
National Tunnel

New England Ga§ & Elec
5 %'»

New

Assn—,

25%

;

.

2 Va

Apr
Feb

10c

Jun

10c

Feb

70c

525

July
Sep

4Va

IV2

Sep

preferred

3

4%

Jan'-

4

400
111

May

lc

495

2c

x

Aug

11% Sep

27%

2%.

2c

2%

V 2%

30

May

'2% July

7

7

—0

——

83%

83%

V2

Wa

20

2.50

Colony RR——————100

25c

Sep
;

Apr

&

:

25c

Pacific

Mills

Quincy Mining Co
Button

Reece

4%

Webster

&

Inc

18

24%

85c

—*

__———~*:

Drill

Twist
Fruit

United

_——__5

Co

——A—*
United. Shoe Machinery Corp..,
_25
'6'U cumulative preferred—__A.—25;;
Utah Metal &
Waldorf

Boston

i'..'

*'
•

50

8 Va

July

10

55

6%

Apr

10

Jan

Apr

275

50c

26 Va

27%

130

22

Apr

32

32 V:

33%

52

28

May

1%

54%

52 Va

.54%

61

60.%

*61

42%

•

1,628

i

42%
25c

25c

48
.

11

,,

200

Jun

50% Mar

'•692

,

49

Mar

%

7%

30

5%
1%

(Geo

A)

Brick

Income mortgage 4%%

39

ser .A—1970

39

3,500

—100

—„

Co, vtc

Co

-Friday
Last

Sale Price

STOCKS—

Acme

Laboratories
Steel

Adams

Aluminum

Chalmers

American

Armour

Aviation

For

Mfg

46%

46%

46%'

40%

40

40%

*

2%

common......

Co__

»

&

Co

Corp

common———

(Delaware)—

footnotes

see

page




1144;

5
3

24%

•

A

A.

common

West

Corp

United

pfd

conv

;

preferred A—__•—_;
&

Hart,

Inc.,

Ward

A—

Cylinder

common

common..

Co

Liquidating Co

common

common

Gas

Northwest

Feb

Bancorp,

Parker Pen

23%

24%

75

119

75

117% 119%

2%
.3

2%"
'

3%

295
10

Coal

High

1%

1

150

7%

2,405

Apr

:•

5% May

1 %

Jan

18%

Jun

25

Mar

10%

Sep

16%

,

150

350
50

2% May

Feb

3%

Sep

40 %

Apr

51%

Feb

11

Jan

14

Jun

8%

8%

600

8

8

100

5% May
7% Aug

•' 3

3%

500

Sep

'

Aug

8

100

700

r;

6%

6%

50

5%

5 %

100

4

8 Va

9%

Sep
Feb
Feb

Feb

Sep
Mar

5%

Aug
Jan

31%

30 %

31%

80

27

Mar

40%

77%

75

77%

40

70

Mar

95%

Jan

4%

4%

4%

650

3% Mar

5%

Jnn

5%

5%

50

5 Va

Sep

5%

Feb

1%

1%

100

1%

Jun

2% Mar

:

,

15

A

■■ :

■

•

60

11

20

15
35

9%

9

30

9%

26%

1,200

Feb

16% July

Mar

35

Sep

12%

26%

90

Jan

23% May

27%

Feb

250

8%

Apr

2%

2%

3%

3%

100

Feb

2%

3%

2,100

2
Aug
2% Apr
2% July

3%

3%

4

%

Jan

_*

5%

5%

5%

750

3% Mar

5%

Sep

100

%

%

50

%

%

Mar

4

Feb

%

Jan

6%

% May

Aug

%

%

700

10

6%

6%

250

5%

Jan

Al

3%

3%

100

3

Sep

4

Jan

20

50

20

Sep

22

Apr

31

471

Apr

31%

3

100

; 1

Jan

Sears

*

3

29%
"if 3

1

7

25

19%

20
*

*

B—

capital

9Va

Jan

Apr

27%

Jan

Apr

23%

200

hvU 20.

11%

150

10%

10%

1,300

12%

12%

50

1%

1%
13

v

21%

50

Feb

8

Apr

Jan

Sep

„12

July

10

Jun
Jan

10 Va

12% Aug
11% Feb

14% Aug
1% May

%

Jan

100

12 %

Jun

14

22%

721

18%

Jun

24

Apr

47

40%

39%

40%

250

6%

6%

6%

200

65
65%
143% 144

144

10

7

300

100

*

common

3% May

13

1

common

July

May

103'a

—10

7

Sep

3

15%

11

10%

Feb

21 Va

10%

,

1—5

A

;v.".

6% .7

10%

2

125

19%

"7

23%

100

300

7

25

;_10

36

5%

Jun

8%
70

Feb

Feb
,

Jan
Jun
Jan

160

56

Apr

20

x

140

Jun

146%

Apr

57 Va

Jan
Jan

39%

Feb

-10

1%

1%

200

1% Aug

2%

1%

1%

400

lVa

Jun

1%

10

10%

Jan

12

Feb

50

3%

Apr

5

Jan

common

•

—

Manufacturing

Cummins

Roebuck

Jun

South

Bend

Spiegel,

*

31

capital—5

class

Hosiery Mills

Schwitzer
■

20

*

Manufacturing, common—50c

Serrick Corp.

&

capital

—4

4

1

7%

Jan

St Louis National

83

Feb

4

4

8

V,

550

54%

277

4%

4%

200

%

5

23%

2

capital

common

11%'

53%

•

Works

11%

—

1

capital

Lathe

Inc.,

:

common.... 10

common,

Co

5

class B common

30%

2%

Apr

133%

Jan

630

2%

Sep

4

-Jan

4%

Jan

Stockyards capital—*

2%
42

Feb

8V8

Jan

43% May

57 Va

Jan

6%
4

May

5

Feb

100

23 %

Jun

33 Va

Apr

200

2%

Sep

4%

Jan

20

41

Jun

Oil

900

1% Mar

1

Common

Standard

42

42

24

Jan

52

Jan

2

Jan

27

Jan

Standard Dredging—

102%

Jun

Apr

8%

common

common

preferred

Jan

.2%

1%

100

Jan

1,176

1,250

13 APr

Apr

41%

49 Va

Apr

400

0%

41%

37% May

May

Aug

13%

100

39%

70

10%

13%

common

Switch

RR

Packing

Rollins

Range Since January 1

22%

Apr

3%

Inc.,. common—*

(The)

Co

Electric

Reliance

Mar

160

10

common

common

Industries

Airlines,

6%

3

Sep

10 Va

48%

vtc

com

Manufacturing

Ravtheon

4%

32

5

prior preferred—

Rath

Jan

3%

_I

Co

Apr

27 Va Mar

10%

___1
com

capital

Oats

Sep

50

47

—*

—

Car

2

Jan

30%

35

Steel

4

Aug

8%
12 Va

13%

•

Pressed

100

Apr

5 Va

Sep

12%

10%

10%

common

Peoples Gas Light & Coke capital

200

8%

Sep

July

Jun

21

"l%

Feb

2%

6%

.__.5

common

42%

4%

4%

Castings—-—5

16

7

common

29 V4

48 %

Jan

50

Jan

Low
50

10 Va

Jan

Manufacturers Sec—

&

Jan

Jan

Sales

131

10%

10% July

20%

1

common—

Northwest

for Week
Shares

7% Mar

*

75

High

*

;

Public Service preferred—100
Tel & Tel Co capital——100

American

of Prices

—.—25

common—

common—

Oil & Gas Co

Advance

Allis

Co

Range

Low

Par
Abbott

Week's

21%

A_*

North American Car common.,
Northern Paper Mills common^.'

Sept. 19 to Sept. 25 both inclusive, compiled from official sales lists
•' A

6%

Jan

1

common—

4% Aug

Sep

1

common

Noblitt-Sparks

Chicago Stock Exchange
V'^A'V

39% July

Jan

50

__1

common

Preferred

•■•■j.

Jan

4

150
,

*

^

Sep

40%

11%

100

6 %

1%
7%

*

common

Feb

1%

%

6

*

•

common

Corp common

National

62 % July

1

11%

c

72 % May

Jun

Feb

46%

_100

National Standard

Jan

7%

11%

6 Va

A—10

L.

Packing

Nabco

35% Mar
72'/a

IIV2

1

—

Pennsylvania
$6,000

Apr

15%

3 Va Mar

100

15

9%

Co capital—

A

Montgomery

RR—

72%-•■

Sep

29%

1,007
200

14%

—*

common

Mfg

Material

Penn

72%

8%
19

1% May
24% Apr

130

4

30%

capital

Products

V

4

4

—*

preferred

Peabodv

mortgage 4series RR—1960

Jan

3% July

13% May
35% Aug

50

12

Quaker

1st

Jun

87

12

cla.^ B

Harvester

(W B)

Modine

Sep

46c

Jan

Jan

Jan

450

15

common—;

Co

Steel

•

Jan

20c

%

5
13

Jan

3% May
29 Va

"

44% Aug

6 Va Mar

50
100

1%

10

common

Minneapolis Brewing Co

Jan

28

37% May

18

19

Jan

37%
,

_AA*

...

Field

$1

'

7%

.A

—J—,

3%

425

5Va'
1%V '

27%'

2%

100

8%

_1

capital

common—.

& Co

*

common

Drug Co common

T/r

Jan

8%

4%

...

common

Brewing
Inc

Fireman

Miller

BONDS
Maine

&

5V8

Dock

•

common

common

&

Dr

4

.A:.*

common——

Rubber

Printing Co

Middle

1% July

8Val

8%

—i—*

Inc

——

'

^

~8%

Tunnel———^A—1

System
Bros

Warren

Inc

(H W)

Lakes

Class

Jan

90c

10

common

Merch

Jan

Jun

1%

___*

Mickelberry's Food Products

Jan

Jan

Suburban Elec Secur common^----—*
Torrington Co
(The)——:
*■
Union

Corp

McQuay-Norris Mfg

Feb

18%

—'

13%

13%

McCord Radiator. & Mfg class A-—*

Jan

50c

Mar

13%

12 % Mar

V

Sep

550

common

Marshall

13 Jan

Jun

60c

17%;

21%

150

Line

8V4 May
101%

12c

'

17%

Jun
Feb

3
!

200

:

10%

Loudon

Jan

14%

200

3%

___*

common..

Libby McNeill & Libby

•4% Jan

125

V

100

•

3%

8%

Kentucky Utilities ji cumul pfd

Jan

5

;V;, V;v 5c

1,877

:

3 Va

22%

9%

Sep

16%

90c

•fx

22%

9%

Co

Common

Feb

22%

■

3%

16%

Sep

Ken-Rad Tube & Lamp—

Feb

18

16 %

8 Vb

90

467

Sep

21%

Machinery.,—_*

Association,

Shawmut
Stone

Hole

Co

Kellogg Switchboard

Jan

22%

_*

150

19

21%

Katz

Jun

,—.—.25

RR —.

11

20%

Jarvis

Aug

..——50

—————

Pennsylvania

Feb
Jan

21%

Midland
Old

2%
9%

11

5

common

Joy Manufacturing Co

Sep

Sep

770

,

Jan

39%

Iron

Feb„

64c

24c

1%

6% Aug
9 Vb Jan

37%

Indiana

Sep

37%

Jan

100

27c

North Butte Mining

80

83

'v.

24c

7

408

■

85

100
120

r

18

common

Masonite
1

%

10%

39%

GVt

30

Jan

75

14

37%

4% '••;•

V

252
V

13%
36%

2c

28

31

Feb

100

Motors

International

4% Aug

.

3%

:

Jan

6%

10%

1

Independent Pneumatic Tool v t
Indianapolis Pwr & Lt common

.

England Tel & Tel
A——100
York, New Haven & Hart ,RR—100

New

V2

Mines—*

&

Jan

104 '/a

70

Connell—

Brewing

May

6c

100

70c

41

10c

200

30

2%

3

—-A_100

preferred

&

Illinois Central RR

Sep

9%

Feb

IV2

300

-

25

20% May

305

.7C

.

30

common—7—100

Central RR

5%'

t

Jan

-3%

Jan

Sep

71

80%

32 %

Illinois

A'

(Del)—

6% cumulative preferred—-——50
Maine

2Va
10c

W v^VV/VV

4

—15

Copper.—

Corp

Lamson

7c

A—A A.——1

;

Button

95

10c

*

Oil

International

3%

Jan

95

4% Mar

315

2%

,_*■

Class B
Helvetia

25%

25%

Jan

12%

32%

Hormel

Jan

30

25

Jan

14

Foods

Horders

Jan

32%

12

4,390

40

3%

—*

Hathaway Bakeries class A——

8%

8%

11

<The)———♦

Houdaille-Hershey

81%

100

40

25%

Safety Razor Co.—

Gillette

8%

———*

Association—.

Group

Employers

*

common—

——

25-;:

Sep

14% Aug

13%

10%

com„_ 1

common.

Denver

Heilman

23.64 July

x Apr
18% May

10

93

24%

——100

6%

Jan

Apr

35%

Hall

Jan

7

41

V

Jan

1 % Mar

Sep

9

American Transp common—5
Finance Corp common
>„ 1

Great

31% May

Jun

% May

60

.201

,

93

100

1st preferred series A—;

Inc

(Peter)

Gossard

11% Aug

,20.80 May

28

1 % July

23%

10%

102

71

Gillette Safety Razor common

Eastern Mass Street Ry—

6%

Corp

Goldblatt Bros

Feb

V- 105

■%:
44%

A——100

preferred

Jun

5Va

45

.25

.

Paper

Hupp Motor Car

prior preferred————100

% ii

; v

■

Cohn

&

Goodyear Tire &

Jan

16

V. 708

■

6%:

.

Jun

11% July

200
.

General

*

,———-—*

*

10%
30

23.29

—1
——A

Apr

2%

8%

90

-

9%

General

Jan

1%

55

5%

(Alf)

General

Feb

1%

29

8%
3

100

,

12

„_25

Corp of America

cumulative preferred

General

14% Jan

Jan

1% May

1%;.

Feb

100
4.200

common...:

Gardner

Jan
Feb

91

10% Mar

1%

10%
•

-5

—_—;

Range

Eastern Gas &

134%

Jan

1%

63% July
3Va Jan

Jun

Feb

High

Aug

1%

11%

Jan

2 Va

1%

*

24%

200

Jan

45

1%

common—

61

28

13% July

19%

8%

Apr

'

100

2%

Jan

5%

Sep

1%

2%

19%

_

Jan

„

13.

1%

8%

Jun

810

Jan

1 Va

8%

50

19%

2

Fox

10%
33

1%

—10

42 %

i. 195

7
1%

Feb
Jan

Apr

19%

I

common

760

60%

12%; 13
j

1st pfd

Century Shares Trust—

Copper

75%

May
% May

28

25

Corp

Packing

Eversharp

Apr

217

7

1,050

common

1,474

22%

•59 A'

Providence RR————100

Boston &

4

22 %

':A,:

84 Va

83%

sttftaped—;i—100
Personal Prop Trust.—
*

Boston

6%

*

—1

:

1st

8%

83%

Jan

fa
43

Sep

Co—

Dredge & Dock Co

101%

Apr

70

21%

215

3

Diamond T Motor Car

Range Since January 1

•

15%

Jan

Apr

com—*

common

preferred part shares

Fitz Simons

2,369

Feb

fa Apr

950
•

Decker

Low
•

Apr

2,250

29%

10

common—

Oil

VVvV;

1

28%

Jun

sales lists

High

117% 119%

Aug

6%

12 Va

150

Jan

RR—

prior preferred—

5%

•

Ry._lSlA——_——-100

Boston Elevated
Boston

118%

100

Sepi

2% Aug
13

Sep

41%

j

60

8

"ill.

*

Electric Household Util Corp ________5
Elgin National Watch Co
15

Shares

»

26%

3%

250

-fY.

100 Va

Jun

Sales

Range

Sale Price

AAVA-,

STOCKS—

Jan

Jan

4%

45

54%
■

102%

Apr;-;.J
v

for Week

Last

■.•:/AA>A;.

Jan
Jan

2% Aug

240

15

%

fa

*

common.....

Dayton Rubber Manufacturing

Exchange

Sept. 19 to Sept. 25 both inclusive, compiled from official

Jan

6%
15

May

May

105

Feb

14%

•

common

Co.

Consolidated

Sep

Eddy

Boston Stock

3% May

50

Dodge Manufacturing

Finance Co of America 4% ——___1947

39%

1% Mar

200

1%

11%

50c

preferred

Aluminum

Crane Co

90%

pfd

com

common

Corp

Cudahy
90%

$6

Util

Consolidated Biscuit common.—.

^

,

25%

»

Serv

West

Corp

Commonwealth

■v

Line Connecting-—.

11

1%

*

Service

Container
Bonds

Atlantic Coast

850
220

15% July

Cannon

Pub

Burrell

Chrysler

July

49

1,290

4%
12 %

Chicago Electric Mfg class A pfd—*

Jan

Feb

A

25

28%

29

4%
12

5

Chicago Yellow Cab capital

Seaboard-Commercial—

U S Fidelity & Guar—

common

&

South

.Convertible

Sep

Aug

r

&

Chicago Corp

Sep

2.65

Sep

Jan

10

A

28% May

capital

Illinois

Cherry

July

2.20

Jan

1.50

2,230

34%

1

Feb

Mar

72
;

13%

Preferred

Jan

41

1

f

Foundry
Central

Sep

1.50

7.';

100
445

10

Wyant

Central

Jun

32

22% May

53

49

49

Penna Water & Power common——_*

AA
v

120

Feb

3.00

1,665

15

.__5

Brothers

Campbell

Jan

Mar

:19%

100

A 77

41

&

15 %

Sep
.

.

5% July

A

50

,

1.50

77

i:—30

Merchants

New

2.20-

2.20

Maryland & Pennsylvania RR com—100

.

Butler

Feb

8% July

28

v

.22 A,

,22

.11%

July

,

8%

7%. Vaa 24,;

•

High

14%
34%

Fence & Wire common—
1
Class A preferred—
._■>
Burd Piston Ring common.—________l

Sep

24%

25

Corp

Low

14%

34%

Jun

108

155
A-' 75

A-™.—5

7%

Warner

Range Since January 1

High

5

Brown

Jan

52%

9

120

,

120 A

32

Georgia South & Florida 1st pfd—— 100
Houston Oil

9%

:

32

32

Borg

<

Low

Shares

4

common

common

Brewing corp__,
Laughlin Inc common-

Bliss &

Jan

Mar

40

A, 510

120

——

17 %

96c

3.50 July

6,399

50%

10'A

1
——20
Fidelity & Guar Fire Corp—x;———10

i:»;

,30c

105

Eastern Sugars Assoc com vtc——-

Fidelity & Deposit

8%

6

High

vV A

Apr
Jun

13 %■

150

85c

49 %

50

Chemical Co common———1

Davison

16%

8 %

100

t c

v

LOW

High

65c V

85c

vtc—*

common

Aviation

Berghorf

Range Since January 1

Shares •;

16%

—•—*

.

Co

for Week

Range
of Prices

Sale Price

AA'M A

STOCKS

of Prices

Par

Bendix

Sales
for Week

Range

Sale Price

.'

Sales

Week's

Friday

Week's

Last

STOCKS-

of

Indiana

capital

1%

1%

1%

25

24%

23%

24%

849

20

Apr

1 Va

1%

950

1

Feb

Sterling Brewers Inc common———1

.;!%,

....

1% May

H

Ji

THE COMMERCIAL & FINANCIAL CHRONICLE

1140

Monday, September 28, 1942

OTHER STOCK EXCHANGES

Last

STOCKS—
,■

,

■,

■

common—-—5
Sundstrand Machine Tool common—5
Swit't & Co capital————25
Swift
International capital
15
Texas
Corp capital
25
Carbide

Union

U

S

United

U S
Utah

!

Co

common

25%

25%

815

19 % Mar

25%

Sep

35%

37 VB

433

30%

Apr

39

Feb

69 %

70%

228

58 Vb

Apr

74%

Jan

51%

52 Vb

110

41

14%

14%

192

37

-

18

900 V

Westinghouse Elec & Mfg common—50

Woodall Industries

Radio

Zenith

Corp

Ford

28%

Sep

63%

Apr

81%

Jan

6%

Jan

-

20

4% Aug
87%

14%

40

1,050

Jan

62%

Apr

Par

& St San

4%

5%

com——*

New

Co—

Corp common
L)

Nash-Kelvinator

common

Paramount Pictures
Inc

capital

525

27%

55%

207

50

7%

8%

595

27%

26%

27%

1,192

6%

6%

6%

210

(The)

"5%

5%

Jan

46

Sep

Consumers

67

Jan

Jun

9

21%

Jun

3%

7%

436

16

11%

160

16%

25

10

Detroit
Detroit

Edison

Detroit

Gray

Jan

8%

Apr

7%

/

26 Va

Jan

Jan

Cleveland

&

Eureka Vacuum

3%

3%

3%

700

14%

13%

14%

525

Co common

3%
39%

287

4%

4%

50

20%

20%

3

10

2%

155

39%

39%

capital—25
1

3% July
19

Apr

Jan

5

13% May

Jan

Apr

42%

Jan

3% Aug

5%

Apr

31

1

Yellow Truck & Coach class B—.

13% Mar

20 Va

Aug

10% Aug

13%

Jan

''.v;

'

'

Motors

Goebel

Grand

Lock

Kinsel

&

STOCKS—
'j 'Jj

Aluminum

»

Paper & Fibre

*

Preferred

——_

Cincinnati Street
Cincinnati

—

—

73

—100

?

*

Dow Drug

Eagle-Picher
Hobart

_._10

——1

\ 26%

*.—

U.

S.

Printing preferred

Wurlitzer

'•■

x

•'.

•

Card———

Playing

U. S.

i-

;——

—

Gamble

&

Procter

Invest

Rickel

W)

59

71

77

Aug

1%

26

3%

Jan
'

25

10

May

—

22%

391

26%

29%

Apr

W—'

%

Apr

2

common

Pattern

S. Radiator

42 Va

Feb

52

80

25% May

3%

100

2% May

4

5

4%

5%

Jan

50

Feb

Jan

10%

Aug

1%

Jan

9

Mar

1,173

1

July

220

30

Jan

39% July

180

1%

3

Aug

3% July

39

3%

3

12

25

10

37%

Last

*

Diamond

218

60%

10%

8

.vl""-"*
a.
„

8%

20%

10% Aug
74% Mar

222

55

1,838

10

Jun

6

Mar

July

.

8

•

50

11%

Jan

25

L'

Lwun-'

1
111

a

•

Goodyear Tire & Rubber
;

33%

100

2%

Jan /;

19%

384
100

87c

5

100

,

56c

27

Apr

97c

Feb
Jun

Jan

11%

11%

11% July

15%

1 %

11%

60c

60c

1

Sep

2

Mar

100

V.

.•*; i' ■

Feb

300

2Va

11%
60c

....470

1%

2%

1%

*

2 % July

3

Jan

8% Mar

118

47c

2,000

12% July

Jan

75c

Jan

l'/4

1V4

1,700

1 Vb

Jan

1%

Jan

4

3%

3%

450

2%

Jan

3%

Aug

a

Interlake Steamship

30%

a

Jones &

.-w

U

'

.1

'

a

'

a

18%

a

for Week

Range

Range Since January 1

Shares

of Prices

28

:

:

18%

50c

California

7%

Corp

Corp.—
Oil Corp—;

.

Nat'l

Corp

Development

Hupp

Motor

*

—

Car

—

4

,

1

//

.

17

a20c

July
Sep
Jan
Mar

Jan
Feb

6% July

Aug

385

July

Jan

39% July
8% Apr

Feb

21%

Jan

May

Apr

■

Sep

26

Sep

52 %C

12%

Sep

12%

3;% Mar
% Jan

1%

Feb

Sep

4 Vb Mar

Apr

1,250

Feb

12c

18c

Mar

35c

Jan

507

21

4c

700

'

22c

'19%

64

Jun

Sep

:/

50

12c

12c

"

10c

3%

42c

'

300-

%

20'

Apr

6% Mar
11%

200.

4

a%

Corp.i.—...10c

Co——

26

'42c
12%

12%
■'

317/o

50
569
884
200

42c

..

•

4%
335

462

8%
21%

26

„

——————

Co..

Petroleum

Petroleum

1

39%

20%

62

6%

53%

20

a8%

Jan

2.45 Mar

130

a37%

21%
;V26

....—•

———

Motor Car Corp—

Intercoast

a39%

10

12%

5%

17%

Jan

15% Aug

J; Jun

4

80

5%
350

19

4% May

200

66%

5%
350

Jan

13% July

Jun

46%

645

;

Jan

8%

Apr

9% May

210

• 3

a63%

„

4

common

Co

Honolulu Oil Corp
Hudson

3

>

.

6%
4%
19%//'

•

19

:

Bank..100

Hancock Oil Co common A.

Holly

303
465

19%

•

& Co
-•
Rubber Co..——♦

McBean

60%

L

Corp

Merchants

Motors

60'A

1——

Co

Products
&

8

6%
4%

Jan

Jun

17

15
50

6%
4'A

—*

—1

20

14%
a8%

14%

—

*

_

—

al8% al8%

14%

Sep

%
2

Jan

10

—a8%

5
—*

Corp.

5%

300
50

.

High
2.20

1 % May

7%
7%
al3% al3%

....—100

.

% July

114

__

common——'
1

100

ft
1.35

—

*

Co——

Packing

Aircraft

Cessna

1.25

-

1.35 July

5,620

1.85

-fa

1.35

LOW

High

1.75

'

1

Investment Corp

Central

Lincoln
fc'

33

30

21%

Sep

Los

37%

Feb

,

I' ;

:•

Jan

40
.

*Feb

12

Jan

32

Mar

...10

Mfg Co
Nordon Corp., Ltd..——:
Oil

Oceanic

Co

1
1
1

—

Clay Products.—

Pacific

Finance

Preferred A

Corp

/
7%

21

1

Investment Co__—

Angeles

Pacific

••

28 V Sep

54

Corp

Menasco

Aug

9

Aircraft

Lockheed

Jan

44

28

7

1.85

...__._2

Byron Jackson Co———

May

11%

-

„v, 100

,

Sep

Low

15% May

23

Jan

July

'

150

30%
a

9% V 9%

—

Sales

Week's

Sale Price

■

Inc

•

7%
1.05

__

,

3c

25c ',

.10

Apr

7%

■

95c

Sep

1.90

Jan

3c

Jun

8c

Feb

25c

Jun

40c

390
1,855

3c
'26c

300

Sep

Jan

200*

3%

Jan

5%

Jan

11 %

11V4

100

6%

Jan

17%

17%

17%

420'

10

Aug

11%

Sep
Feb

20

16

Apr

4%

4Va "

:—10

———

■

6

5,000-

7%
1,20

25c

__

v

'

common

__

' "'

4%

■

National

Acme

National

Refining

Prior

Richman

Bros.

1

—

16%

40

1%

1%

1,100

44%

45%

130

22% ^

22

a
■;

a
——.

a
———

—

16%

45%

a

new

preferred 6^0

'.'

-

...

a

.22%'

.

.

r

Pacific

1%
36

May
Jun

21% July

.1,048

~2%

Jan

46% Aug
29%

Jan

6%

Gas

Seiberling
Standard

1

Rubber
Oil

of

———

Ohio....—. ——25

West

Drug

Res Inv

~i

a

a25%
:

.......

a30% a30%

a

2%

Apr

3%

Sep

8% :

8%

5

25%

a

1

85

8%

150

V

'

———

Stores—

v

Corp preferred—. mi 100

2./

.

2

6%
59%'

6Va

,59%

;

59%

....

100

--

7

—

—

11

New

S

10

Graphite Bronze common—1

Steel

•

page




13%

13%

Apr
55

Feb

2

July

8% Mar
59%

Sep

249

27%

28%

30

26%

50

9%

*\

common

For footnotes see

13%

26%

Electric common

York Central RR common—

Republic Steel common
U

Corp

1144.

14
46

27

—

Inc..——_L.2

Aeronautical Co

—

'

,

'

140

9%

Sep

102

13%

Sep

47%

35

9%
17

7%
a8

1

'

Solar

Aircraft

Drug

Co———————1

Stores—.

California

Edison

—

Co

—

—25
25
25

3%

..'

a36%
29
2

3%

■

■

30%
2%

3%'

17%

17%

41

41

28%

28%

28%

<

1.15

Jun

1.80

34%

Jun

37%

■6%

Apr

8%

15c

Sep

25c

6"% Mar

8%

3

May

5%

35

July

'

980
-

Jan

Jan
Mar

Jan

Feb

' i'

9fl
174 j

37

..

—

Jan

Apr

300

3%
'

Jan

'

35

24%

Jan

30%

Sep

1%

Jun

2%

Feb
Feb

Jan

Jun

5%

1,824

15

Apr

20%

20
333

33

Apr

41 %

283

23

335

July

2%

24% Mar
Feb

Jan

28% Aug
27

Aug

Southern Calif Gas Co

Feb

Southern

Pacific

Standard

Oil

of

6'fo

Co

pfd A

California

26
29%

26
29%

15

13%

15

222
1,922

25% Mar

•

Feb

Co

*

Ltd—25

—

'

30%

{

160't

8%

3%

:

Aug

22%

200

15c

a8

29

341 j
450
10
681;

7%

15c

Sep

25% Mar

222

28
1.35
36

7%

15c

Security Co units of benef interest.—

preferred..;
6% preferred B
5% % preferred C

9%.

36

-=

.

.

Original

141/4-

1.30

1.30

Inc..—...—, a37

Stores

Safeway

1
.50
*

Corp common——
Markets

—

20

230

;

28V« -28%

com.—

Mar

Sontag

General

Oil

Public

Roberts

—

Southern

com

20

preferred—.

Richfield

Ryan
Jan

1% Mar

500

665,;'

20

.1

Warrants

Unlisted—

Addressograph-Multigraph
Cleveland

Lighting

■■
■

Refining

.

...

Van Dorn Iron Works—

Weinberger

■

'

Thompson Products Inci

Warren

3%

100

25

—..25

common

Republic Petroleum Co common..
5 %

3%

_a

Electric

&

preferred..^

1st

Pacific

*

Jan

6%

Apr
Mar

'•

'

■

25

33 %

Jan

-

'

•

Sep

Sep

15%

15%

21% a21%

a20% a21%

' v-'

.

.

14%

a20% a207»

—15%
.*/■
"

Laughlin———
Kelly Island Lime & Tr
McKee, A. G., "B".

Jan

Angeles Stock Exchange

Corp

Goodyear Tire &

Jan

;•//. 120

8

•:/

——__

—

2

2%

Broadway Department Store Inc..——*

Gladding

High

Jan

15

264

10'/4

58%

a

Rubber

Halle Bros preferred

Jan

Apr

V.;Last

Accessories

Aircraft

General

Range Since January 1
Low

20%

:

10%

Bookbinding

Shares

i 10'A

60%

common——

F._„

5%

1%

Par

Fanners

High

10%

10%

/.

•

Cleveland Cliffs Iron preferred

B.

Apr

200

Friday
'.

Electrical

20

3

America

City Ice & Fuel

Preferred

4%

-Aug

1

STOCKS—

Douglas Aircraft

for Week

Range
of Prices

Low

Par

sales lists

Sales

Week's

Sale Price

STOCKS—

Goodrich,

700

9'-

:

1%

——

30Va Mar

9% May

218

9%

1

1%
3

—

Friday

Faultless

Jan

Jan

Sept. 19 to Sept. 25 both inclusive, compiled from official

Corp

Feb w-

6%

1%

50

—

"B"

Creameries of America———!

Commercial

Jan

:,760 L

Jan

Products common

Jan

Preferred

Cliffs

Jan

1%

common

Consolidated Steel

of

5%

Jun

..1

Consolidated

Corp

1%

23c

1%

——-..1

Los

Chrysler

Brewing

Sep

Aug

259

10

;

common

preferred

Cooler

Aircraft

Sep

601

29 VB

10

'•

39

.10

Motors
_—

208

"

500

2
49 %

9%

'

'

—

—

200

1%

Jan

28%

.■

9%
!»

Brands

15c
60c

7/4% May

1,100
-

'

:

Jun

...2

common..

Jan

48%

..

—

Gas

Jan

2%

1%

Berkey & Gay Furniture Co

*

Columbia

(H

Jan

5 /

:iL.

Rolling Mill

Standard

Feb

60c

Jan

1

common

Feb

8%

3%

--10

Id

Ice & Fuel

65c

Feb

1%

Apr

32 Va

G% May

110

Jan

45c

Jan

7%

6 % May

455

Apr

30c

100

6%

-

87c

Feb
Feb

4%

100

;

23 %

6%

•

common

Wayne Screw

8%

Jan

80c

Jan

v

Unlisted—

General

common

Prod

Sep

5%

1,599

86

99c

Jun

1%

23%

*

Blue

City

——

*

Mtl

U.

3%

Jun

Aug

May

3%

1,704

Warner

Aug

1%
68

60c

500

46c.

1%

Jan

39% July
2% Jan

56c

52c

46c

Jan

1% July

100

2%

Universal

1V2

'•

48%.

50 *.'• 'm

—

American

52c

1
2

1%

1% May
30%

250

4%

,.1

3% Feb

7,420

85c
58c

4%

2%

Jan

25%
■

Magnavox

6%

60c

58c

1
1

common

2%

Prudential

High

/'

1%

i

com

Sep
Sep

Sept. 19 to Sept. 25 both inclusive, compiled from official sales lists
•

Kroger

1%

300

•

Jan

7

100

577

»'

Jun

94

40
140

235

31%

1%
38'/a

5%

98

31%

.

—_—.——

1%
37%

5%

Scotten-Dillon

6%

■.

,

a

"A"

Jan

1

Udylite common.....;

3

17%

2% July

5%

Simplicity

-

Jun

695

—10

common.—

Feb

3

16%

I

2%

2%

10

Corp

Apr

6%

V 100

17

17

3

9 %

Aug

62

Sep

8%

16%

'

10%

9%

22

6%

6%

:

Apr

1

common

Apr

61

62

50

Telephone

Crosley Corp

8'/a

5

Jan

8%

100

9%

16c

Jun

8%

8%

50

_

9%

65c

4

:

4

5

14%

3%

Jan

65c

19

95 %

1%

1

15

73

100

•

•

105

72%

.

A v4

common

100

3%

3%

i

Cincinnati Gas & Electric ptd—

4

common

Hone

16

6%

2%

16c

20

95%

95%

.100
«

Churngold

Low

High

6A'a

16

—

1% Mar

.1

19%

'•

Machinery—

100

common

16

6%

—

Laundry

2

Parke, Davis, common

Range Since January 1

.

Industries

American

Champion

Jan

2

78c

'vV',!;1

*"

common

Peninsular

Shares

Low

Jan

1.00

Parker-Wolverine

Range

Par

; •

18%

May

Packard Motor Car common

for Week

of Prices

Sale Price

Aug

Apr

57c

common...

Products

Murray

Sales

Week's

Last
9

Motor

inclusive, compiled from official sales lists
Friday

•4%

15.

200

Sugar

Michigan

Sept. 19 to Sept. 25 both

Jan

1,530

common

Micromatic

Cincinnati Stock Exchange

6,600

3

Oil

McClanahan

f

3%

common...

Wines

Feb

1

common—

Manufacturing

Drug

Salle

Sep

1%

July

5

common

Car

Feb

3%

15%

common

Motor

.

Sep

1%

,

75c

common

Brewing

Valley

Hudson

95c

125

..

Sep

2% May

75c

Brewing common

Graham-Paige

19c.

200

Sep

3%

Jan

15%

20

common—

Finance

3

Apr
,

8% July

•

5

10

common

\t;:V:•*

Industries

19

6% Mar

300

J'

,

:i%

.

4

Jan

5

Nav

common

General

La

1%

Mogul common

Wood

Hurd

10
320

12

11%

12

*

15%

100

3%

3%

:

common

Stove

Fruehauf Trailer

Gar

.1

High

Feb

3

133

,

19c

19c

*_l

common

Iron

Detroit-Michigan

Feb

10 V#

Apr

2%

500

8%

16% July

20% July

25% %

Corp common

Standard Oil of New Jersey

Rubber

3%

common

General

S.

3%

5

common

Milner,

Jan

6% Aug

Jun

Crowley,

Steel,

Jan
Jan

26

Jan

6%

Jan

28%

Apr

5%

1,770

9% ■/

*
*

—

common—,

of America common——•
Republic Steel Corp common..—
*
Standard Brands common
—_•

U.

8

Continental Motors common

775

6%

8%

9%

Radio Corp

Studebaker

8

common...

May

17% May

1

common

capital

Oil Co

160

Chamb

Federal

Pure

19

Jan

46

—5
•

Corp—

York Central RR

Pullman

19

Sep

54

*

Iron

430

5%

44 Vb

Low

■

—__1

common

Weather

Range Since January 1

High
4

28 Va

Metal

Shares

4

Apr

22% May

•
1

Electric

(Glenn

/ 3%

870

5%

512

—,

General

Z

26%-

26%

Martin

Low

Manufacturing common——•
Burroughs Adding Machine.
L,
0

25%

50
Atchison Topeka & Santa Pe com—100
Bethlehem Steel Corp common—.
•
Curtiss-Wright
1
Copper Mining

Interlake

Rubber

for Week

Range
of Trices

Briggs

Radiator

Anaconda

'

Last

Sale Price

STOCKS—

Sales

Week's

Friday

Jan

14% July

8% Mar

Exchange

Sept. 19 to Sept. 25 both inclusive, compiled from official sales lists

Sep

4

2% July

150

300

Detroit Stock

% Mar

5%

4% Mar

700

53%

91

Sep

Sep

Stocks—

American

DETROIT

Building
Telephone: Randolph 5530

Baldwin
Unlisted

Chicago Stock Exchange

.

Aug

16%

Jan

14%

14%

common..

18%

Jan

50

3

Exchange

1% July

Jan

11%

51%

•

Stock

Jan

15% May

115

5%

Detroit

Jan

23 Vb

'*

5

3

2

:

capital—r

••"M

87%/-

v

5%

.•

common

Co

Jr)

-

87%

Wisconsin Bankshares common

(Wm

5

*

'

—

preferred——

Cumulative prior

Wrigley

'

55%
119%

Jun

16

71%

Inc.—V;

1 %

(New York Curb Associate

York Stock Exchange

Sep

53 H-

16%

28%

70%

14%

Apr

44% May

600

Members
New

54% July

May

107%

300

1%

Sep

7%

179

18

-

•

699

-

109%

1%

1%

«
-

47%

46 Va

109

16%

Common

Jan

§■} 20%

28 %

Stores,

Jan

25

14% '•

21%

L—100

Co capital

Watling, Lerchen & Co.

Sep

12% May

19

14%

——•
1

Western Union Tel common

Wieboldt

High
7%

Mar

20

350

5
•
100
-1

capital

Transp

common.—-

Wayne Pump

5

1,485

20

preferred—

Products

Radio

Walgreen

7%

6%

•

common

cumulative

Low

High

20%

common

Lines

Air

Steel

1%

Range Since January 1

Shares

14%

capital

Carbon

<»

Co

Gypsum

Low

Corp

Warner

Stewart

for Week

Range
of Prices

Par

.,x

Sales

Week's

Friday
Sale Price

10%

Jun

30% July
14% Aug

•

24%

24

24%

1,033

18 %

Apr

24%

25

__

__

Sep

Volume

Numb'er 4111

156

THE COMMERCIAL & FINANCIAL CHRONICLE

.

1141

-

OTHER STOCK EXCHANGES
•
..

•

•

•

v

r-

v

•

-.

•

•

,

;

•

Last

of Prices

Low

Par

Oil

Sunray

Corp

Shares

-

>■.

■:..;

Range Since January 1

High

1%

*

,

Sales
for Week

Range

Sale Price

•

.

*

Week's

Friday

STOCKS—

Low

17/B

262

1%

St. Louis Listed and Unlisted Securities

High
2%

Apr

Sep

'

2.5

Superior Oil Co (The)
Transamerica

a40 V4

4%

5 '.-v:

Air-

Western

&

40%

28

9

4%

4%

2,170

all'/a

?.

Corp

Transcontinental

■

llVa

2

Mar

4
sm

Jan

35% July
4 Va

Edward D. Jones

July

'13%

Jan

v.-

'

w

'

Established

'

Union

Oil

Vultee

California,

of

Aircraft,

2.5

'

1

Inc

13

-12%

'V^

V4

8

2,472

10

Apr

250

•V"

7

May

8%/

-"

10% Mar

705

Cons Mining Co— _10c

Mammoth

Black

Cardinal

Gold

Gold

Zenda

ffe Unlisted

Mining

Mining

3c

' lc

v

lc

4c

■?

5c

5c

2c

•'-V 6c

Aug

4c

Smelting

*

a39%

Co

Sep

I

3

Aviation

Corp

Baldwin

Locomotive Works vtc—-

Barnsdall

Oil

(Del)

5 Vb

Chicago Stock ExCh.

jfefe

May

175 r>

29

;. ,,X.'

/

12%.;
9%

Jan

53%

a26%

.

28 Va

Jan

v/'i, 43% Aug

?

Jun

■

4 Vb

....

53%.

100

Jan

53%

•"

285

26%. r:,;/

a257/e

39%

■

■M'ii

Co—.i-.fe.fe.—

4%

V:<v

•

Co

Tractor

:v

-i"

5.

Jan

6OV2

Sep

4%

200

Feb

;C

'•

Electric

&

Gas

—fe,--

Commercial

Solvents

Continental

Oil

Co

Curtiss-Wright

..""'U—.

#

2% July

VB

1%

15

1 Vb

Corp..:—

9%

60

23 %

23%

70

al Vs

Corp——

1
a9

:n^-li

(Del).

^vi„:

Corp

-1

—

a

8

8

Foods

;

32%
21%
28%

•'

50

a277/s

6

V

•20

135

a

V-?"

_

65

L,

290

2 %

IV2

May

fe

Falstaff

Brewing common
Hussmann-Ligonier common

Jan

Jan

Common

Hydraulic
v

International

Tel

of

a

Canada-

«

Tel

&

2,^,

X-*

.

%:■

■

£y

*;

•

3%

::

4%

."

Pressed

Jan

International

Key

19V2 Aug

Laclede-Christy

24%

27%- Jun

Landis Machine

2'%

525

Apr

Steel

Clay

77-3

*

21%

Sep

5%

Jan

8

Jan

6

Apr

50

5%'
6%

fa

3

6'/a. July
5

V Aug

Sep

102% Mar

6'/a July

7% Mar

140

4% July

2% Mar
26
fe

120

Loew's

Copper

0

a

Robbins

&

York

North

a29

_

Inc

McKesson

Inc

Central

Aviation

American

■'

\

1

Inc.

North American Co.
Co

Packard

Car

Motor

12%

500

all %

•

Paramount

Pennsylvania

RR

64

2%

22%

2

50

a217/e

a22 %

9%

Jun

90

Piping

Missouri

Feb

Portland

37

common

Jan

Common

.

;

—25

37

20

Jan

St Louis Public Service

10 Vb

A

com

Jan

32

Jan

Wagner

2%

Jan

Electric

Feb

13

12%

13%

615

9 %

Jan

5%

5%

5%

fe 5

5%

Sep

;

_

1

...

'

Bonds— fe-

16 Vb July

fefe8-fe/

7^'77:~

fefe"

7y.i —:-7i .fefel

common...

15

...

Sep

39
Sep
•fe:fe 14 Va May

Jun

12%

100

13

Sterling Aluminum common

8

Jun

14.

25

;fefefe;fe: 10:'

8

6%

6%

fefefe

25

24

14

5
21

Sep

6 %

Jun

Jan

8

Feb

143

Sep

6%

jf4:>4 Feb

200

25

15 Va Mar

12 Va Jun

'

13 V2

14% Mar

fe

■

13%

ft

fe.

■-„*.

Jun
Mar

14

common

Cement

Apr

8%
"

7*** 'iVfej'-fes' <

—

Supply

&

National^Candy common
Rice-Stix'Dry Goods 2nd preferred. .100

Mar

30*/4 July

6% May

455

16 VB

12

Midwest

Feb

May

7%

211

8%

16%

a

-.50

Co—

8%

2%

1

6%

-

10

Vb

%

40 V2

Apr

25% Mar

12 %

a7

2%

.

Pictures, Inc——

8

M

34 V4

IOV2 May

100

9%

37%
/'

100

30%

a8

a

«

Co

>

12%

»

Oil

17

42%

:

30%

,

.

'„•••:

♦

Ohio

42%

20% May

47:

a

.re.

0

RR

29%

a

;

*

Ward & Co—xfe——_

Montgomery
New

•

Corp,,_

Sep

17

Sep

'

'

Kennecott

Apr

5%

'fe

Jan

6

Feb

6%

Feb •

4% July
14 V4

165

32

May

4%

285

8%

Jan

'

286

14%'

May

100

45

:fe-:fe:cfe:25'

6

8%

4

15

"

29%

14%

6%

18%

400

fefe;-fefe

100

5% '■fe 5%"-'

fe: 14'% 'fe-

*

common

16%

Jan
Jun

6%

6

51/2

25

-

May

10

29

fe'," '6 -fefefe

.20

—

common

10

100

3

29 V*

4

-

Feb

4

fefefefe-v 110

-

4%

5%

High
33%

July
Sep

21%

100

■fe;

Low

28%
3

6%

■■ ;

Range Since January 1
''

45
140

13

common,,5

Prod

7A t :'7

fefe:

4%

100

pfd--

common—

common——,

McQuay-Norris

4Va Sep

Jan

Brick

Shoe

13% Mar

.

13
21

«

common,—-I——fe„_fefefe

Co

Laclede

Nickel

13.

6%

Jun

V':

International

3

■

28 V'b

Apr

29.

21

100 77' 7'2.7,:

-

Shares

High

1

_

.

Huttig S. & D. preferred.

2M'4

Apr

_

Sales

29

.

J:

22V/4

•

for Week

Pricesi;.

Low

-

•"

7

9

of

10

Co__

Bottling common....... —,1

July

\

Electric

y'4

Coca-Cola

8% July

Jun

24%

V"

'

Exchange

fefeSfefe

<1

common

Ely & Walker Dry Goods common. -25
4
Bmerson Electric common...

Apr

23

Apr

Xw,-

.

CEntral 7600

..:,fefefevfefe. .fe...-:.'-.;.

'

Range fe-fev

<

Brown (Shoe

•

■».

(B F) Co——fefeife~fefe

T

22%

26%

32%

...'"Av

-

_

.

160

26%

•

Co

Corp

.

a22%

-»i— ' :.vr

Electric

General

i.

-

a21%

Class A
General

8

■

Bell Teletype SL 593

Week's

Sale Price
STOCKS—
fe-fefe;.;:.; ;.;fe -.-fefe: :'fefefe;::.:/:fe- fefe:: -fe: Par
V fe'; *V v v

Sep

38

8V2 Mar
17 %

'

\ fe."

1

Postal Long Distance

fefe;;.

'

Feb

5

33% Mar

17

34%

a2

•

-

'

Last

7'&';7'S -feV'-.r-'"•!-.' fe'fe

-fe-fefe■

24 Vb July

Jun.'

55

2

a33 %

•'

•

_

Co

>**

fe': '

*

Friday

Jan

'

.:•*

(fev/fefefefefefe/.

:

.

fe

Phone

•

Sept. If) to Sept. 25 both inclusive, compiled from official sales lists

Feb

10%
39 %

.

i-.

22%' Jan

-

'v.•'.I*
•

Chicago Board of Trade

Jan

13%

8% May

40

AV"'• V*

7-1 ■'>.

*[

,

St. Louis Stock

129% Mar

10% July

20
70.;

-

/

2%

L100

34V4

»

5

Service

Goodrich

>•■.

v

Sep

,

Corp.

Pacific Ry.

Caterpillar
Columbia

*♦.

...

Members
New York Stock Exchange

Associate Member Chicago Mercantile Exchange
New York Curb Exchange Associate
- .>

Century

Cities

•.

'

.•

39% July

Apr

24

a34»/4

W*:>.

Corp,,_

Steel

Borg-Warner

103

a9 %

Bendix Aviation Corp,,.___i,__
Bethlehem

39'/2 July

no

315

3 Ve

12%

a

5

Jan

270

3»/e

V

b

46

a44V8

-y

13

Co

320
•

26%

26%

•;\■

Atchison, Topeka & Santa Fe Ry,_ ,100

5%

40 %
a39%
all7% 119 Vb

all8%
—50

Copper Mining Co„t

(The)

5%

■

4

f

Refining,,,

&

Tel

Tel &

Anaconda

Canadian

;

St. Louis Stock Exchange

July

5c

4'

•

;.'2,750

,'V.

.

Jan

3c '.Feb

1,000

•

Apr

lc

1.000

•

.

Stocks—

American

American

'

V

Co——•—

Radiator & Stand Sanit,

American

3c

-

'.I'

:;-\;

■$''

\

1

Co

Z'

'.V'" ;V"

•

Olive St., ST. LOUIS

''-v.'"*'

'

fe

Mining Stocks— ife

Co.

&

1023

Sep

25

Sep

91%

Sep

■

22% Aug

20

St. Louis

90%: 91%

1959

PuJj. Serv. 1st mtge 5s

$11,000

'

Radio Corporation of America

Republic

Steel

Corp

*

—C

Standard

Brands
Oil

Studebaker

14

'

&8

...

'Vr.';; 'f.

•Vyi
s

7%

&

Texas

Tide

(New Jersey).

Corp

CO

Lines

Aug

Jan

2%

241
17

4%
a2058

Oil

—10

8%

20%
36%^

8%

14%
29%

al97/8

20%

47%

47%

-5%

6 Vb

■

:4.

Corp:
-»
..

Inc.—a—

5

Westinghouse Elec & Manufacturing,50
Willys-Overland Motors, Inc.—

—

a71%

40

70 ¥«

14%
a277/8

Transport

Pictures

4%

;;:fel<%fefefefefe:fe^

Feb

1 Vb

l'/a

Apr

a71%

Mar

8%

100

Jun

34%

Jan

Jan

17%

Jun

55%

Jan

16 Vb

(-95
401

'

.

4% May

300

.L.-:,/, 58 ;r

1%

: 6%

,

1

Sugar

Par

,

Ink

California

Packing

•

Preferred"

Jan

—

Eureka

5V4

Chemical

Clorox

Philadelphia Slock Exchange

Creameries

25%

of

America

common—

1

'■v7';y77tfe Friday'

'fe-

Last

STOCKS—
f

<l ',Vt

'J ''

7,

American Stores
American Tel
Bankers

Low

•

100

Budd (EG) Manufacturing common
Budd Wheel Co

Electric Storage

General

common.....

common.,

Lehigh Coal & Navigation
Lehigh Valley RR.

101%

14

12%

60%

62%

•,fefe';-

%

%

260

31%

39%
22%

T20

4Va

3%'

4%

Feb

El

Jan

Emporium

16%

Jan

3%

Jan

Fireman's Fund

7 Va

Feb

Food

fe

f7"\

50

75

31%
9 Vb

960

14%
23%

3%

Jan

18%
29%

A

Transit
United

Invest

Corp

$3

Corp

preferred

$5

13 V4

4%

7,921

99% 100%

i

-'

2 '

*

'-4"'

3%

»
__

Westmoreland

_

Inc.

Westmoreland

_

Coal

52

,

110

24

182

22

110

16%

300

fefe 4 V«

4'/e

.

4Vb
2,90

..

85%
66c
4

29%

'

700 :

6%

3%

Hale

Hancock

3%

Jun

Hawaiian

24 Vb

Jun

Jan
Jan

Jan

Holly

116

Feb

Jan

100
360

23%

20 Ve May

1% July

Jv"\

;

12

43 Vb

Last

Aug

37%

768

31%

Jan

39% July

3 %

Apr

94

,

-

Salt

55%

Jan

July

16%

3% Jun

5%

Jan

106%

Jan

Mar

92

Mar

:

.

'

10%

Jan

208V

15%

% Aug
Jan

Jun

12% Aug
22%. Aug

March

5 % Vi>

North

-fe fe

13 W:

•K~i'

*

''--fefe

Gas

*

Walker

Jeanette
Lone

Glass

Low

17'%

44

36

37%

Jan

100

Oil

21

—

1%

ZlO
common

preferred,

5%

300

1%

1,060

%

9%

8%

fe

National

9%

50

7%

7%

100

12%

12%

15

50

50

Z+

7

;

;

G%

Radiator

„

Pittsburgh Plate Glass
United States Glass,,

For

Air

footnotes

page




6%

5%
35c

100
477

725

1,302

fe-fefe ; fe

6%

Sep
Jun fe;

7% July

4%

-

14%

& Electric Co

1st

100

3%
12%

555

7

400

90c

340

23

8%

Jan

Sep

20

18%

28%

25

preferred
Light Corp common,

Pacific

Public Service

1st

,100

Preferred

,,

,

—

..

—

Puget Sound P & T common

11%

Jan

R E

9%

Feb

Ravonier

&

R

Co

Ltd preferred

Inc

Aug

7.

Feb

3%

4'/a

368

3%

Aug

40c

100

15c

14%

861

14

.

July

Jan

May

Oil

Feb

Ryan

Aug

Signal Oil & Gas Co "A"—

Jan

Soundview

Sep

Southern

5VB

.

l(j% July

1.35

-

Feb

4% Sep
2.15 Apr

20 V« -fe

2,788

15%

Apr-

20 Ve

28%

1,496

24% Mar

29%

Jan

26%

380

22

Mar

27%

Jan

Mar

Sep

847

21

4.95

22%

169

90

Mat-

97%

12%

12%

375

11

Mar

14

July

81%

82%

149

72

Apr

101

Jan

142% 142%

45

119

Jan

29%

305

Apr
22% Mar

146

29%
8%

8%

445

8V4

Aeronautical
Pulp

Pacific

402

Cop

Union

19 VB

Feb

Universal

Oil

Co

'

%

25% Aug
31

Apr

Co

Co.

—

•'

'

11%

Jan
Jan

common

__

Co__

_

of

California.

Consolidated

Oil-

24

Mar-

26

Sep

11%

600

10

Mar

13 3 8

Aug

7%

292

Apr

85e

Jan

5%

Feb

200

6%

3 % May

3%

3%
18 Va

13%

14

1,391

12% Aug

200

14

Jun

*

14%

13%

15

3.540

10%

*

24 5

b

23%

24%

3,304

18VB Mar

4%

4%

4%

3.201

4

Jan

12%

12%

1,259

10

May

6%

6%

225

6

Mar

2

Corp

31%

279

lBV'a

'i '

_

—25
10

,

•

61% July

154

26

18%

:

«
_

Jan

59

11

14

..1

_

_

29% July
15% Jan

Sep

26

7%

_

_

■'

58

59
"

-

1

_

Standard Oil Co of California,,
Transamerica

' '

::

8

—25

-

Jan

6% Mar
3% May

Jan

28

142%

.100

,100

_

common

6

73% July

29

25%

«

Corp

70c

8%

20% May

=

Sep

fefe 7:; fe: Jan

Apr

97

fe.-.

'

•

ft

preferred,.—

Richfield

55%

21

27%

—

common

Jan

155

Sep

May

95%

ft

Paraffine

Co's

....

_

—

Jan

60

190

Sep

23

25%

t.

Pacific Tel & Tel common

Jan

VB

Feb

Apr

96

•

0

pfd

1%

8

Jan

9%

'

Feb

Apr

1.90

95c

25%

...

*
<1

45

Apr

-

Jan

28%'

-

—-—

Rheem Manufacturing Co

4%

25

809

Jan

fe/

Jan

5%

10

'

Sep

5%

16

425

4%fe

2.20

17

23

10%
:

1.10

Jan

26%

.,25
—

Jan

6

4%
2.05

Jan

15

Aug
6% Apr

407

24

Jan

Jan

5Va

90c

20*

6%

10%

common __25

preferred

16%

35c

-'fe'fe

4%

27%

95c

.

fe- fe;.-. 110

21

24

2.05

7%
,

■

Sep
Feb

24 Ve

'

Aug

L.20

90c

'

31%

Jun

188

Sep
Sep

fefe44.

Mar

4,971

1.05

,—5

1st

Pacific

'

-

:

ft

i

Aggregates

Apr

8%

14%

High

ft. '

AA.

"B"—

12Va

71%

40"

„

"

22%

Sep

8%

*

'

Apr

5

6a%

71%

*

1144.

5%
35c

.

10

1

Brake

see

5%

*

,25

Pittsburgh Screw & Bolt Corp

Westinghouse

9%

30

class

Filters

_fe.

16

15% May

5

13%

6%

10

,

$5 Dividend

16% May

8%

*

„io
common

170

5%
■

Star

Gas...
fe
Fuel Supply,
Fireproofing Corp

17%

Co,,

1st preferred

5%

Range Since January 1
Low

5

_*

Mountain
National

Shares

:fe--. 1%

5%

*

_

Refrac

Sales
for Week

High

16%

6%

5 % %

4

Feb

13%

May

2.20

5

21

10

—

Cons

50c

Sep
Mar

19% July

250

•

916

22

•'

24

2,550

90c

.100

.

Moffat

Coast

July

8 V'b Mar

10

v

Insurance

Pacific Gas

8%

*

Dusquesne Brewing

\

Range

preferred——100

Copperweld Steel
Harbison

Pacific

14

Apr-

6%

•

com., .100

100

preferred

United

Oliver

Sep

12%

13%

•

.

American

Feb

100

1.25

«

preferred

13%
26

16

4%

Sep

Aug

40C

.

1,593

21%

Sep

13

May

110

4%

1

fe

Sep

11%

18

110

20

Jan

29%
fe

10%

fe

12%

22

Manufacturing Co common—1

6 '/(■

Apr

12%

21%

41/4

5

Investment

10%

Jan

6%

Apr
Apr

44

21 y4

Co

Jan

16

common

American

Sep

95c

42c.

22

Natomas

34

42c

.'

1

Menasco

Apr

12%

fe-fe;;rr—•

7
.

108

8%

185

.

29

Calculating Machine,

North

10s

12%

12 Vz

10%

Apr

25%
,

240

.

26

—1

>

420

10%

29

Aircraft Corp

Co

13

29

Magnavox Co., Ltd,——
&

2,000

26

;wU'fe:;' ::

#

,138

11%

12%

13

4%
29%

11%

10

Co

Lockheed

Jan

4 Vb

29%

'

-

50

—

Libby McNeill & Libby

11

fe '

,

LeTourneau, R. G., Inc

35

•f

»".

Preferred

Sep

Jun

20

of Prices

Par

Electric

83'
40c

"A"——-

Langendorf United Bank

Jan

20

822

12

22

Week's

Friday
Sale Price

Co

Jan

'.«25

28%

•-

Corp capital-

Jan

If) to Sept. 25 both inclusive, compiled from official sales lists

STOCKS—

Gas &

Jan

36%

150

•

1

3%

J

■-

ft

.

7% Mar
15 V4

May

342

fe'fe' 1

—

«

;Jari
July

32

60c

4 V»
■

Pineapple Co Ltd,—

36%

;

Apr fe
Apr

Pittsburgh Stock Exchange

Columbia

5%
fe 12

.

10

34

&

"A".

Calif

Sep

2.50 Mar

37%

—

Inc,„

of

Sep

32

60c

»

Development

Leslie

25%

Co

Jun

4

;

34

ft

15

Apr

Oil

Honolulu Oil

Jan

11%

Stores

Bros

Jan

80c

Feb

Jan

fe.'fe

AV-

e

O'Connor,

Blaw-Knox

2.10

Jan
Jun

88 '

Jan

6%

(36/fefe:

'

Arkansas Natural

15%

7

3%
11%

-■ ■

94

10

common

10%

fefefe: 239

20%

;

20

Allegheny Ludlum Steel

Jan

:

Sep
Jan

V--fe

■

■>

Corp

fe

fe:

Sep

1.65

515

12%

12%
36

Corp common,,

Greyhound

33

24%

Mar

66c

150

.

Jan

23% May

Sep

71

...

2%

2%

'>V..

25

Ltd-i-—

Sep
Aug

2.00

Mar

76%

308
,

32

-2%

Golden State Co*

52
26

Sep

10

1,262

vfei

.

Aug

2.50 Mar

200

.

11%

3%

60c

Jan

'

Mar

16%

19%

Apr

24%

80

Sep
Jan

"

•;

May

33

12%

1—,

.fe"

21% Mar

23%

36

common—J.—

/.it.—-X—

Occidental

Sept.

50

500

83%

2%

50

common

Jan

5%
35

-

—

common

Aug

.

16% Mar

315

,

65C

r

:4z;

«

common

Insurance Co,

Corp

Paint

Preferred

fe fe.7% May

135

3%

Jan

General

Aug

10

%

a

preferred

Co

warr).

General Motors Corp

32%

170

12%

:

"25

..

preferred

United Gas Improvement common.

(with

Jan

4 Tig

Jun

25%

:v- r'

«

Works,,

Capwell

Kieiser

&

Magnin

*

participating,—

Oil

Machine

Foster

Apr.

100

48%;

Jan

Tacony-Palmyra BridgeClass

Dorado

Preferred

3

110% Mar

219

20

Jun

Feb

July

5

Apr
2% May

95

2%
34%

48 VB

;

27%

100

20

.

40

Apr

337

2%

48%

_

33%

Jan

21%

1,805

23%

hfe'-.p..

28% Apr

297/a
:

2,420

33%

2%.
•
_

3%

22%

14

23%

Salt Dome Oil Corp

Feb

63% July
% Sep

fe

1%

8 Va

—

3k

2V4

31 Va

9

'

50

1%

3%

-

Jan

120

3

114% 115
-•fe'"

44%

500

fe

21%

22%

...

—

12Vb

134%

8%

'fe 3

•

Jun

25

40 ;fe

66c
( ■'-

Co,,,

Manufacturing

-

.4

60

„

18%

2.90

;

2.

100

Doernbecher

:;v;

^'fe

85%

—

'Preferred.-

Sep

Apr '

5% Sep

,

-' "440
1,188

22%

:

1%

Scott Paper
Sun Oil

1,400

37

39%

v

&

Reading RR common—
2nd preferred

384

30%

\
a

-

Corp

2%
6

:. 2%

Phtlco

Jan

-

-.27.'•

11%

Giorgio Fruit Corp common,—

2V8 May

382

6

■

■

ft

....

13-

61%

8

50

.

Power

High

fe,
'

Light
Pennroad Corp voting trust ctfs
~7i
Pennsylvania RR
Philadelphia Electric Co 4.4% pfd -100
Philadelphia Electric Power 8 % pfd .,25

National

9%

148

■

,

Low

„

2 Ve

—_fefewfefefe(NY)

High

579

12%

C

Battery

Motors
Hardart

&

Di

45

5%
'

16%

5

Co

fefe'

2 VB Mar

.

-5

Chrysler Corp
Curtis Publishing Co

Range Since January 1

Z

Abbey

Cypress

Shares

.7 2%

*

fe-

•.

10 Va

'fe-fiv

■

Ilorn

10 Va

118%

preferred—— -150

Preferred

77-:77777-

117% 119 Vb

y v.Cfe

Tel,^

&

Sec Corp

'■

forWeek

of Prices

Par

V.«i'rr*

V

*

Range

Sale Trice

v

''Sales

Week's

.

-

July

3% Mar
<

33 *;
'y\\

*

77;^7'.

7330

25%

%.1

fe
—

170

9c

Apr

700

2%

65c

common,— —.1

Zellerbach Corp common—

Crown

6%

4%.

18

10

— —

7%

2%

Sep
Jun

fe-fe

Jan

52

Coppermines,-w-:—,

Consolidated

Sept. 19 to Sept. 25 both inclusive, compiled from official sales; lists

18%

1st pfd, —25

Elec

Aircraft

Consolidated

3c

5

common—!

Co,,———

Coast Counties Gas &

500

27

preferred- —25
Co

Mining

4c

2%

'

—50

Water Service

California

■Vi

High
2.10

Apr-

4%

lv.Cr:,

t)

Corp common—

1%

7%

7%

(jrr-T

"A"——

Low

149

4c

capital

Co

Range Since January 1
1.35 July

4,600

2 Va

r

.20

common——

Shares

1.85

2 Vb

,

S'fcfe'w** v'

77777. :fe: y:77"77'.'7:7
fe ':'"Vfe" v'

for Week

High

1.75

10

Mining——

fefefe Sales

of Prices
Low

1.80

6

California

Central

-

-

1

California Art Tile

Jun

1%

% Mar

>

_50c

Gold

Juneau

Calamba

Sep

71%

70% July

300

'

;•

American Mining Corp——
Anglo California National Bank— 7 20
10
Associated Insurance Fund, Inc.—

Sep

V

•.•

Accessories

Anglo

Feb

14%

t

27 Va July

t.

Alaska

Feb

64%

45% May

150

;*.v

Aircraft

Jan

10

8% Mar

Sale Price

STOCKS—

36% July

62% Mar

265

vo,

24%

Sep

31

225

V
•

71%

1%

1

Apr

£ 20%

147

8%

a69 Vb

*

Corp

4% July

Week's
V Range

."-Friday

Jan

5

36%

Co———

40 V2

Exchange

Sept. If) to Sept. 25 both inclusive, compiled from official sales lists

Jan

5

Apr

31Ve July

¥

200

4%

20 V's

V

—

Corp..

Bros

Warner

8%
18 Vb

3%

United States Rubber Co
U. S. Steel

July

6% Mar

'

—

■

Assoc

Aircraft

San Francisco Stock

17% Mar
55

13 Vb May

1

Union Carbide & Carbon

United

:

,a39% 139%>

r -

—1

;

Air

Jun

Apr

120

16%

SVa

v,g-■

25

,

Corp (The)

Water

3% July

13 %

44

4

Co

United

Feb

225

8%

Superior Oil Corp (Del).
SWift

'150
14

16%

a

#

Inc

yz

54

-

2%

'

,

Railway Co

Standard

13%

fe

170

3%

a53%

a

#

Sears, Roebuck & Co
Socony-Vacuum Oil Co,
Southern

3%

--

Jun

-

20% Mar
17%

Jan

15

Sep

24%

Sep

4% July

13%
7

Jan

Jan

rHE COMMERCIAL & FINANCIAL CHRONICLE

1142

"

-

-

-

t

•

v

Monday, September 28, 1942

;

OTHER STOCK EXCHANGES
Friday
Last

Sale Price

STOCKS—

Low

Par

Western

& Steel

Pipe

21

Kenn Copper Corp

Jun

M.

270

Jan

Montgomery Ward & Co

Sep

Mountain

City

Sep

New

Central

13 % Mar

120

21

Jan

3%

16

205

May

7%

7%

60

6

Apr

7%

17%

17%

225

13

Jun

17%

219

2

Feb

J.

&

M.

York

Cons.—

2.30

"Unlisted—

American

14

American Viscose Corp.
Anaconda

27%

__

Aviation

Blair

&

Co

28% July
28% Jap

Va

9

—
—

50v'

9

■y,

13%

13%

45

31

Sep

4 Va

American

Co

Onomea

Motor

—50
Pennsylvania RR
—Y——
#
Pullman, Inc..' capital—LY__Yy.—
Radio

.

Shasta

Feb

Socony-Vacuum Oil capital -—^—

Jan

So Calif Edison Ltd

11 Va

Jar-

6%

Co

common...

.'ivc

8

.15

.

8

Apr '

2 Ve

Aug

'•'V'2% Apr

Standard

Brands

11 Va Mar

14% Aug

Standard

Oil

#

of

N

J_.

•

;_i_—__ ...25

*

•

Curtiss-Wright Corp.—

1
*

6

May

Jan

United

29c

45

24 %c

Apr

31c

Sep

United

States

26 %

26%

549

22%

Apr

28

Jan

45c

45c

100

30c

Aug

75c

Aug

Utah-Idaho

4

Jan

Westates

Hrfobs
Idaho

...*

"B"_—_

Co

Battery

Corp

Mary Mines

&

27%
3%

of

Nickel

Canada

1,000

8%

2.00 Mar

175

2.15

2.10

2.10

1

_*

International Tel & Tel common..—_*

International

125

8

25% July

27%

2%

461

4

27%
4

Jan

CANADIAN MARKETS

Sugar

Co

Petroleum

:v

5

...

Western

common.Y—_

6c

- -

V

Sale Price

STOCKS—
Par

Tuckett

Shoe

Pacific

class

Grain

12

Preferred

Shares

50

108

0

26

260

25c
26

preferred—

Sep

13

Preferred

Asbestos

Bathurst
Bell

Breweries

Commerce

Jan

Montreal

Power

&

Paper A

TLA:

Class B

Bruck

:

Silk

42

16% Aug

19

Aug

17%

14%

124% Aug

150%

160

10%

128'/a 130'A

137

11

0

1.00

y

■

1,240

6%

64

i;

20

_*

Bulolo Gold Dredging—.——

7'/a

5

.

May

22

:

1.00

Apr

4%

50

4%

Jan

5% May

150

11 Va

Jan

13% May

245

7%

Canada Cement common

*

-1

Preferred

4

100

5

7%

Canada

Steamship commonj—*
7 b%
preferred——
50
Canadian Car & Foundry common
•
T/o

preferred—

participating

7

28

■.

1.00

Mar

6

28

V

12

6 Va

25 %

260

25

preferred

Canadian

Class

Ind

—L

Apr

Jan

1

B

Canadian

20

25%

150

24%

85

•

Pacific

Ry__;

6V4

.25

■*

29%- Jan
26

Apr

1.25

11

11

50

11

Jan

32

Jun

24

24

20

24

Aug

25

Jan

4-_

115

115

105

115

Sep

150

Apr

120

Y_

—

v

Y

Sep

Sep

Sep

152

Feb

188

Jan

100

118

120

141

116

Sep
Sep

153%

Jan

>

120

f

Montreal Curb Market
Friday

Jun

15

160

3%

60

Mar
Jan

3.

Y:, y y •
I-'
'

y STOCKS—

Abitibi

Power

'''

;

;

yy m
-'

;

Range

preferred

preferred

L——1001.I..

y-*'-'* J*.

British

American Oil Co

British

Columbia

400

4%

57

13%

'

13%

83

Ltd—<Y;—•

15%

15%

Ltd;——-_*

•14

-y.o ;

I...

75c

Mar

May

7

Jan

13
83

y 143

y

14

*:i

'■•:

Feb

•

109

Mar

13 Va

Aug
Jan

.•

97a

Jan

13

50

14

Sep

>

9%

58

*

i'

May

4

15

9%

■•.7.V*

High

.

SOc

190

83

>9%

)•'..♦

Corp.———*

Power

Lota

V.

*55c

~

'..V

..

*

—

Range Since January 1

•

438

'

■

Share*

High

'50c

v*'

> *,

sales lists

Sales

tot Week

of Price*
Low

"•

100

.

...

Sale Price

YV'Y
Par

.

Paper common..—.1♦

&

I'm

;

Packers

Dominion

North P Corp Ltd

"1 %

'

Jan

Canadian

Breweries

20

Sep

Canadian

Y

,

j," '•

■

Industries'Ltd* class B—'—* .V-v

Mar

3Va May

Mar

3%

5

Jun

.

13 %

17(

Jan

17% Jan

v:

15

Jan

Co._^__.i—jri..—1

Marconi

Canadian

Vickers Ltd

Apr

85

27

July

Jan

31

-131

30

130

"Sep

2

155

Aug

5

Jan

'

175

12'/a

May

• *

161

158

12%

t;

Canadian

20%

July

79%

15

130

■

■'

Sep

13

10

*

Jan
Jan

"

Light & Power . Co.......100

Canadian

Apr

•158

•

r._——100

preferred

Jan

Jan

6%

27

*

Pfd...

205

14

83%

27

:•

pfd —100

7Y

■

83%

13%

*

Sugar Co

&

Canada

125 Va

3

3,131

Week's

Last

July

27

165

3%

-

85c

125

Beauharnois

7%

21% Mar

20

6%

56

118

Jun

Anr

120

5%

1.10

82

Aluminium Ltd———_

21% Mar

50

3'A3

',3 >/4

—*

Jan

1.90

22

Jan

July

122

3%

•

150

125

Jan

7

20

100

Alcohol A

-

120

5

4% Mar

122

Canadian Foreign .Investment com..._*

High
:

Feb

147

19 to Sept. 25 both inclusive, compiled from official

Canada

17c

•

4

150. ^

125

102

5% Mar

1,320

24%

__25

Canadian Celanese common.'

Range Since January 1

y * Low

120

Sep

91%

559

y

Shares

.—.—100

Mar

4

Y.

5

.

7 Va

.

27

6

75

4

91%

91%

Sales

for Week

High

150

—

Bank)—...100

Sept.

6%
f

Sep

Apr

July

11%

7%

Sep

1%

Apr

11%

;>

Apr

80c

Feb

80c

11% Aug

Jan

18

150

1.00

9 %

4%

,—

Building Products class A

8C

Sep

1.10

National)—100

(Bank of)

Jan

11%

Y

Mar

%

yTY-y

77V

(Banque
(Canadian

Jan

11%
10%

4c

661

25

Jan

Sep

25

20

Jan

Jan

13 Va

162

11'/a

3%

-

Aug

13%

Corp class A_*

Mills.

Apr

18%

11

*

Power

July

40

13%

*

P_

Columbia

British

8

25

18%

Telephone Co of Canada——100

Brazilian

50

42

?

common

2.10 July

1.90

*

.

•

Canadienne

Feb

26

May

42

18'/a

*

Corp

Associated

Sep
Jan

1.30

*

——...

—

Banks—

Apr

90c

Sep

23

common

Low

Y_ -*•

1.90

.*

——

—

Zeliers Ltd

Feb

110

11%
25c

30

8%

8%

*
50

common--

Anglo Canadian Tel Co preferred

Jan

1.15

;•

Jun

60c

Range

YyfyYy

.100 v

Royal Bank of Canada.——
Algoma Steel

Jan

55%

May

44%

Jan

Vg
32%

Apr

25% July
80c

Sep

:
■

High

106% July

5

25c

__1

—

Range Since January I
LOW

12

108

A——

class b

High

*

common—______

Preferred

Tobacco

Winnipeg Electric class A.—:—

Sales

—100

Agnew-Surpass
Alberta

Low

a
41

239

..

of Prices

Sale Price

■

Par

for Week

of Prices

29» '
•

■

Sept. 19 to Sept. 25 both inclusive, compiled from official sales lists

Range

Jan

;!,V'v239
Y-y
200

..

1%

Week's

Friday

..

STOCKS—

Montreal Stock i Exchange
Week's

195

6c

Last

Last

Aug

Listed and Unlisted

Yy^Y'YYYy 77Y Y7Y,;Y;:y,-77Y7:;'

Friday

30%

405

65c

1%

..100

preferred

Mar

581

60c

..I

_

''65c

Pacific

Sep

8%

20%

Mar

3

9,905

46%

^

2.15

2.15

.

135

.

l.io y 1.15

-.46 V*

common

••

••

29%

■■29%

-..a-

Co..—- ..._1

Preferred

Sep
Sep

Petroleum

•> 25

.

Apr

6% Mar
1-'.. 7%

Apr

200

,

15%

a

6% May

-

y; 15

10

40'

a39 V2

United States Steel common.'*

8

:

3

a3

■■

.1...

Aircraft Corp chmmantYii ——5

29c

*

Dominguez Oil Co
Electric Co

General

-

•V

127

28%

.vy

.

Consolidated Edison Co of N Y

.

414

cYi

17%

preferred
IncX-4.-.—_

Jan

8

•-

28%

8%

4'/4

>3% July

Jun

110

Feb

26 Vs. Aug

Sep

4%

Jan

24

Feb

13 Va

7%

.

■'■S 17%

;*__

commons

2%

80

Jan

2%

Jun

35

:

Fed

16

Feb,'.

.-so

•;

6%

7%

.

""25%* July

177

.

14%

*,',:-y

...

19

3%

•

5%

...J—'"
*

Water

a3

al4V«

•*'

...

Jan

66
553

"A".

' ;

Jan

8%

Apr
Feb

V 2

-120

26

-i.-;- '?.

•

i

common.Y-

Riverside Cement Co

25

22

a25 %

'

-'6%
10

2%

V

a21%

'V,yYY.

Corp of America...^.—1

Republic Steel Corp

40c

Feb

Y a2%

common.yYi

9% Aug
13%

May

100

V

Jan

2.60

7% May
10

33

8

Jan

30% July

1.40 May

55

15.

15

Jan

9c

Apr

765

a7Vz
15

.

Co

9%

11%

;

36%

y

Api-

24 Va

100

1.80

all%

5c

85

High

!

27% May

1,200

30%

9%

9%

^i_10

common

Sugar Co.

Packard

y

1

32%

July

30c

,:s

Jun

Aviation

,

210

6c

1.80

<s

capital

American

<

Low

30% v

6c

a30%

•"yy Y

5c

Copper.
RR

••••■'

Range Since January 1

High

.'■•v.. -'-.-y, a29%

.

1

._

*

North

100

2% 5

a2%
*

1.60

Y

2% May

2,646

38c

Jun

4

*

Jan

29 %

654

34%

Jan

3

489

3

35c

--10

common..

45

a34%

__

—2% .Y

& Sullivan-.

Service

Sep
Jan

May

1.15 Mar

37

3 Va

—1 y.Y

capital-.

Inc.,

Co.,

Bunker Hill
Cities

19%

23V4 May

20- v

3 Va
1.40

44%

of Del-—-——•——-3
Corp__—_—5

Corp

.

Apr

24

y 59

25%

3 '/a
al.40

5
100

Aviation

Bendix

;

128%

May

104%

450

27%

a25%

50

Copper Mining

917 '

"

Anglo National Corp common A—-—*
Argonaut Mining Co
Atchison Top & Santa Fe_—_

Y

all7% 119 Va

—100

Tel & Tel——

American

17

100

19%

19%

20

capital

Ltd.,

Factors,

—

—

North

2.25

2.30

10

Cement pfd

Portland

Yosemite
^

2% July

Low

«.

common......

M.

&

Shares

of Prices

Par

23

.V:

Sales
for Week

Range

Sale Price

High

Jun

1.95

200

222% 222%

222%

10

Co—

LOW

2.65

STOCKS—

Range Since January 1

Shares

High

2.65

2.65

Equipment Co common
—1
Waialua Agricultural Co
——20
Wells Fargo Bank & U T
——100
Western Dept Stores 7% pfd—
25
Victor

Last

for Week

Range
of Prices

Week's

Friday

Sales

Week's

'

t

■**'

-

25

■;>.

50c

50c

:i3V«

25

-

45c

Sep

60c

12% Mar

Mar

Apr

'

Consolidated Mining &

34

i>

34

,

34

23%

Smelting

23

23%

445

21

20%

21

223

,

32% Aug

39

21% Mar

26%

20%

1,095

24

7%

Distillers

Seagrams, common—

Dominion

Bridge

Dominion

Coal

*

;

10

Ltd—

Stores

Dominion Tar

7%

Dominion

Textile

5'A

10

July

4

;

150

552

25

;V

*

6'A

'

Jan

Mar

15%

Jan

152% May
9% Jan

Jan

Paper

&

Foundation

Co

Steel

General

Jun

5%

Sep

Fleet Aircraft

Feb

4 %

Jan

Ford

70

55

66

4

40

3

2%

2%

115

14%

._•—*

Canada—

of

Power

Gatineau

„*

;

6%

*

common

Wares

14%

25

12

July

6%

6%

120

5

Feb

5%

100

5

Apr

11

84

Aug

5%

common

Gypsum, Lime & Alabas.,
Hamilton

Bridge

Hollinger

Gold

-

Va

82

Jan

Fraser

Apr

6

Jan

2%

Ltd—_——"l*
Ltd A—i
.*

•

Jan

100

Bay

Mining.

27/a

3%

3 Va

16

Jan

Y 6% July
6%

B

i- ■:

T

Si ■

.

5c

~8Va
96.

Jan

McColl-Frontenac

Jan

92

Mitchell.

Oil 6 %

3%

Jan

Feb

3%

Jan

Page-Hersey

6.75 Mar

110

Apr

2%

;

preferred-100l

'

22%

Jan

14

Jan

Reliance

96

Sep

100

Jan

22

Apr

28

Jan

International

Bronze

:

9%

1,149

7% Mar

9%

Sep

9%

280

9% Jun

12%

Jan

6%

£1

.

9%

9%

9%

•

Imperial Tobacco of Canada common.5;
—

6%

100

6%

Apr

7

i

23

23

23

50

20

Feb

23

Sep

com..*

Nickel of Canada
Petroleum

32

1,212

29

Apr

36

Jan

11 % Mar

14

International

Power

Preferred

32

13%

13%

60

common———-*

2%

2%

5

2

Aug

87%

87%

265

87

Jun

16%

16%

6%

6%

100

——

Lake of the

•"

Milling common—*
& Co common
_!
_♦

Massey-Harris

Oil Y

Montreal

—•

;+

——•

McColl-Fror.tenac

preferred

Cottons

*

Light Heat & Power Cons.—_•

Montreal

Tramways

National
National

Niagara

Breweries
Steel Car

4

4

•

common

Corp

>

3%

-

4

21%
18

25%

7

60
100

r

15% Aug
5%

'

828
270

4

2%
,

!•

Jan
Apr

2% May

13

112

Mar

1,749

20

Mar

25

12

115% 115%

21%

_____1Q0

——

*7

2%

22

18

25

25%

220

90

Aug

17%

Jan

Apr

6% July

I

July

23%

Jan
Jun

20

Power
Price

Flour-Mills
Corp

Bros

of

&

23%

Apr

26

Jan

29%

29

Va

25

29

Apr

34

Jan

10%

10%

50

10

Sep

17%

Feb

43 Va

43

43%

975

41% Mar

52

Ltd

18

18

18

340

17%

22

Jan

Regent
St

Corp common
preferred——————50

1.15

Lawrence

Paper

preferred--

Shawinigan Water & Power..
Sherwin

Williams of Canada common.*

Preferred

100

Steel Co of Canada

For

footnotes

1-

*

1.15

70

3

Mar

6%

35

6

Sep

11

ilan

20

11

Apr

13

Jan

4

Va

Jun

1.15

140

3

see

page




1144.

—25

•

.7

v

3%

30

245

•

41

>•

Feb

3%

Apr
Mar

15c

Apr

5%

r
•'

Sep

13

10%^ Apr

Sep

92

Feb

Jan

15

Jun

Apr

45

Feb

87

Sep

103

Jan

73

May

85

Jun

85

187

11%

80

39%

•;

Sep

••••

11%
'•

"

40

;;

■.

"

5

87

26

73

3%

y

75

-

5

•Y

Y

3% Mar

3V4 Mar

/ 75

Sep

YY

25
5

24

Sep

24%

Feb

:Y'-,

21

100

Jan

103%

Feb

.

1

.

24

24

103

f

•:

1.05

1.05

•

500

:

60

46-

45

j/' 7%c

;'

Sep

75

.

90c

-

1.10 May

Jan
"Jun

40

50%

.

Jan

•

Kerr Addison Gold

v

Pandora

200

1

54c

100

Mines Ltd——— 1

3.60

3.60

8.00

8.00

Ltd

— —

Mar

5

July

1.00 Aug

2

Jan

'•,

■

"*:

1.40

60c

u

Jan

900

1.15 Aug

2.22

Jan

40

36% May

41%

Jun

575

65c

May

88c

Jan

,

52c

2,900

50c

Gold- Mines Ltd.—1

IVaC

75c

Apr

2,000

Sep
Sep

66c

i'Y.
Mines Ltd—...Y—-,----il

1.49.r'Y

.,1.20. Sep

400

4.15 May

-v

52c

34c
,.

53 c

.

-

"

'•-,

V

2c

Ltd———— 1i

Wright Hargreaves Mines Ltd——■' ■ y
■' (,,•

Feb

1.31. Jan
2.05

Jan

.

5.00

Feb

31c

May

49c

Jap

50c

Mar

65c

Jun

300

1.48

1.49

3.75

2c

2c

2.26

245

15c

100
-

Feb

4c

2,500

2.20

Mines Ltd———_:.l

..

2,000

Y

3.75

Mines Ltd.———1

Mines

100

4.50

-34c

34c

53c

--.i

66c

1.20

4.50

(Quebec) Ltd.—_r__.1 :y"; ■'•*'k':''
Ltd.—.1

300

66c

L20.

L

Amulet

Jun

11%

65c

1.40

■..*• 40 Va

Mines Ltd——ii————1

Cadillac

4.35

6.90 May

40 Va

1.25

40%

.Gold Mines of B C7'_———1

Wood

Sep

3.00 Mar

200

1%C

Mines

*

50
v..

52c

Gold

Jan

'54c

Feb

1 Vac

Sullivan. 'Consolidated

Feb

2.24

1.00 Aug
32c

Ltd——.*

Gold

Hughes

17%

■:

Pioneer

Teck

.

'

1
•.

—_—-1I

Perron

Siscoe Gold

Apr

150

:y:

1.15

Mines

Cadillac

Feb

10%

15%

1.15

i
Mclntyre-Porcupine Mines Ltdxi'-Y—.5
Normetal Mining Corp Ltd—

Gold

Jan

Y46c

35c

1.15

-J :"..v«'i

Malartic Goldfields

90c

Apr

'35c
15%

Ltd.!—_ 1

Mines

Gold

Eldorado

Sep

28c

Y 54c

Mines

Malartic

7%c July
56c

50

,56c

___*

16%c Jan

100
200

7%c

56c

.yy.y

(Quebec). Ltd——rl

9%

9%

25%
14

9%

25%

13%

14

7

7

112

112

255

8%

Sep

15%

Jan

6,000

1.48

Sep

2.20

Jan

3.75

Sep

4.30

Jun

4c

Jan

Apr

2.68

Jan

l%c July
1.90

53

24%

Jun

43

Jan

Feb

14

Jan

535

12%

185

7

10

110

Apr

110

66

% Mar

Sep

•/.

Oils—

■

■

*

Oil

66%

66%

115

Jan

Homestead

70

Jun

Royalite

Oil

Oil

&

Co

..

100

15c

Sep

18c

July

38c

38c

200

38c:

Sep

40c.

July

2.25

2.30

375

15c
38c
»

Ltd

Co

Home

"

....

Amalgamated Oils Ltd....—
—
Anglo-Canadian Oil Co Ltd—.

Jan

13%

1

2.05 July

——

Gas

2c

Ltd.—.—
»

preferred—.

13%

July
Sep

■

Ltd——;

Mines

Dome

Waite

'

575

13
85

103

35c

Sigma Mines

3%

5

Sep

•

•

100

—♦

4

Sep

12%

6%

5

common

3%
12

*

Knitting
A

3%

*

___

Lawrence

Class

St

*

common—*

Quebec Power

5c

73

"73

•.

1

comi*

Corp Ltd_._—..._*

Mines

Jan

•

common—

Canada

Co

Beattie Gold

O'Brien

"

Ogilvie

Aldermac Copper

Sep
Jan

___•

Noranda Mines Ltd

19

'

Lake Shore Mines Ltd

4

4%
117

10%

•

Jan

:

3'Mf Jan

2% Mar

"14 % Mar

100

Jan

«

Weaving

Wire

-

; 4

—1100

•

Feb

20

May"*

• •

f

5% --- yv;V;:

75

Canada Ltd—.—!*

Mines—

East

Woods

Lindsay (C W)

Mont

87%

Jan

~

5c

87

*

'Walker-Goodetham & Worts'(H)

Sep

30%

*

Co Ltd

'--140

15
-

2

3%

1

International
International

200

•

;•

Jan

4

7% Aug

-} • ,>

:

11%

?■/'

——*
pfd.j_.100v yy^-yy-Y

Ltd.:

Canada Power 6%

Distillers of

United

100

■

•

135

•:

40

of Canada 6% 1st pfd—100
Co Ltd common..—*

Preferred

=

«•

Y

560

13

V>■;:

1;

Tubes Ltd_'__——-—

*36

■v10

Jan

—25

preferred

3%

Y 1.65 June

1

Grain

Sangamo Co

-Apr

*

V

;*

—

5%-

■

85

1

Power Corp

Sep

50

96

22%

10%

8

105

8%

Southern

Preferred

lc

"'■} - 2 !■•• Aug
;*6% Apr

2%

85- ' y

13

1
\

Corp Ltd—__—i_.^*

Moore

July

,'

v> ;

Apr

'

pfdi—Y'.lOO

Ltd.

Robert Co

100

7.35

8

96

•

Imperial Oil Ltd..

*•'

lc

9%-- Yv

9

•

Milling Co Ltd cl A pfd. '.*

Massey-Harris Co Ltd 5%

s

:*

2%-'-•••

5c

J .'j

y

"'19

••
Y:

Maple Leaf

17%

<2%-

...i.._„.1

———.

2%

25

•V

155

-•

18%-

'

9%

.

Companies voting trusts.—.
Utilities Corp class A.**

9

2%*-Y••Y
y& 9 ^

"•2%

rl9*

International

3'/a

2%
>

17%

of^! Canada

Motor

Aug

2% July

75

7.30

5

-

——*

Prefeired

Hudson

3%

*

Paper common

85

2%

_*

—

Mines

Howard Smith

85

100

—

" •Y-— 497

1.80

1.80 *
t

M

■

Preferred

40

"

Ltd.^i—'...—
i"
Eastern Dairies Ltd 7%Ypreferred..100
Fanny Farmer Candy Shops Inc..;—!
Paper Co

Donnacona

3%

4

Heating Products--;

7

2c

2c
Y 1.80

Lt<l_^_—

Corp

27

Jan

21
t

Consolidated

3% July

Apr

'

.'

■

Div Sec class A—

Class

Enamel

150

22

21%

100

—

Consolidated

4

385

70

_*

—

—

•

•

50

;

5'A

3%

common—.*

common.—

Dryden Paper

235
,

7%

.7%

___y >

& Chemical

150

Sep

2V4

■

Dominion Steel & Coal B—25
Dominion

10

150

-

:3

'

Jan
■

;

preferred——25 l
preferred—
—100

Dominion Glass

preferred

3

common.*...—.*

Ltd—

2c

10,000

17

17

100

2c

Jan

16% Aug

2.70 Feb

6%c

Apr

19

Jan

THE COMMERCIAL & FINANCIAL CHRONICLE

Number 4111

Volume 156

1143

CANADIAN MARKETS
Week's

Friday

Toronto Stock

Last

Exchange

STOCKS-

Jason

Friday

Week's

Last

STOCKS—

Power

&

:' 6'/*

45c

preferredC_——--x———— .100

Acme

.

Low

»

Paper common

*

Gas

Oil

&

Co.—

4%

—

—1

'

Aiberta-Pacific

preferred— -1Q0

v

Aldermac

Grain

Copper

-

Anglo-Huronian,
Aunor

Gold

Bank'
>

Mines

ScotiaX—

Nova

May

10c

Jan

' X

Jun

126

129

17

:

58

6c

*

Power

&

class A

Paper

&

Radium—.

221

11

1

60c

60c

Telephone Co of Canada—:___100
Bidgood Kirkland Gold Mines——1

133

6c

Corp

•Preferred

.*

common..,.

90

5c

Aug

14%

Mar

55c

Sep•

133

123

91

6%c l'

;

13,200

3

26

29

2%
25

Sep

59c

July

7.85

8.25

1,100

Apr

12

.Jan

4.15

Jan

3

32%

Bralorne

*

>:•'

British

Columbia

Packers.

Columbia

Power

Dtotninion

Oil

:

47

4,500

3

8%

275

48%cV«! 50c

Shops—,

13

3%c

8%

8

Ltd

1

..

■

Oil

Buffalo

Ankerite

vv"'

Gold

Cement

Canada

Malting

Canada

Packers

2,000

4

38'Ac

Feb

65c

Sep

1.35

Jan

19%

Sep

25%

Jan

17'A

17%

17'A

Sep

23% Jan

A—.

B-

Macassa

Mines,

Ltd

98c

1.12

11,900

93c

43c

26,225

30c

Mar

1.22

1.40

25,300

Lake

Gold

Gold

Mines.

Fields

Gardens

common..

of

4

4

33 %

77

.

7%

...

v

1.80

;.H

5%

3%

12%

:

comfnon
;

37%

Feb

7%

29%

120

W;0'. 29

115

Sep

154

105

110

100

Jan

140

■:>•:■■• 15

26'/2

Sep

4%

Mar

6

Apr

22

5

5

5

10

18%

I8V2

95

16

8%

393

8

Class B
Canadian Car

^Foundry

y-: 6.:

Canadian

Dredge & Dock...

Canadian

Malartic

Canadian

Oil Cos

Ltd

Canadian

Pacific

Ry_

Central

Pat

Gold

Gold

—

Willans

Cockshutt

■y

Smelting..

Cub

Nest

4%C

50c

•

54c

10

Sep

15

5

Jun

65c

'

55c

—

1,046

50c

*:■

;V»'

20

...

1.50
2.00
74c

Apr
Jan*

Jan

40c

—

109

70
:

29'/2

40c

"

''

92c

"

•

May"'

132

•

Davies Petroleum
Denison

Nickel

Distillers

——i 1

•

Mines

Corp-Seagrams

•

*

23%""

!

Dominion Steel
Dominion

class B._.

—

Tar

Duquesne

Chemical

&

&

y

•.%

•

class

*

A

.

:i>:

«

17%

2%

2%

19

%c Augx

."v

.

18%

18%

*

"

2%

■r

Aug
Jan

293/eC

15

n

250

19

i

i7c

18%
r

3%

Sep

90c

30c 53 %c

10,900

48c

Apr

00c

Jan

1,000

20c

Sep

38c

Jan

1,000

5c

Sep

10c

6c

105

Jun

105

105

15

1274 c

14c

67,800

6%c

1.60

1.60

50

1.25

3c

36

87%

87'%

3,500
XXX- 15

87% Sep

43c

13 %C

:

>»

50c

XX

3,200

32c

July

85c

Jan

1,500

12c

Feb

19c

Jun

x

_

*

50o

1

14 %c

1

1.40

14'Ac 14%c-

62c

16c

Apr

2c

Jan

113

Sep
Feb

3

May
Jan

4%c May

May

103 %

Jan

1.35

Jan

2.35

Jan

C.

1.15

1.20

6,765

1.12

Sep

2,20

Jan

Mines—

37c

40c

2,900

36c

Sep

75c

Jan

37c

38c

700

37c

Sep

<v57c

Jan

1.39

1.48

11,900

Mines

18c

18C

117

120

Gold

_

Mines of

Rouyn

X-

__

Mines

Gold

Gold

Mining

East

Dome

B

■'

Gold

Mines-.

Anthony Gold Mines
Antonio

&

>

Sep

•1.35 Aug
8e

3.20

Jan

39c

Apr

Jan

l'/ec July

1

Jan

£_■

-

4c

Jan

3,309

1.32

Sep

2.05

Jan

24

14%

Sep

14'/2

24%

75

24%

Sep

24%

Sep

5,800

19c

Jun

13%

Mines

'

60c

4.25

-—A-

4.50

633

33c

Gold .Mines.

34c

18c

.

75

20c

O 2c

>

2%c

Sep

12% Mar

14 X;v Jan

97c

Sep

4.05 May

2c .vVr.:-.i2

74

Mar

55c

4,211

2c

Mines—.

9c

105

13%

59c*

-X-

Preferred

5,000

15

15c 16 %c

Gold

2c
1.50

24%

—-

Lake

(•*•'••'

155

Sep <

1.48

common

—

Gold

115

14%

l%c

Gold Mines Ltd..

Co

ic

c

65

Jan

6.00

Jun

Jan

2'%C Sep

65

May

2,850

30c

Aug

49c

Jan

5,500

17c

Apr

34c

Jan

-•'/■

V

89%

Jan

'-•1

Apr

6

Jan

3

Aug

3%

Jun

57

Mar

63%

Jun

57

16,250

v

14% Mar

-^£:x

BroseLtdi-_X—.
of

Canada

common——*

River Gold

Mines—

Mines---:

——

•-•I

■X

•

Toronto

Tailors

Mar

63'%

Jun

Jun

1.96

Jan

Co

of

19

V;i8% Sep

Aug

42'Ac Jan

Canada

Investments 6rIo

10

3,920

5

30

60

31

28c

500

5%

803

30

•

-i—

i

Vermilata (-Us

3.50

9% c

Jun

3c

2.34

Jan

Jan

84% Mar
.50c

10%
36

July

<•

Feb

414 July
1.24

Apr

3.00

Apr

5.00

5%c

8,950

Jan

Jan
Mar

4'/8c

Sep

2% Mar
59c

Jan

8%

1.

Aug

29

Jun

Jun

11%- Jan

Sep

4% Aug

490

'. 8c

'.x*——

1.98

Aug

23c

3,750

3.40

x—.

65c

Apr

50

475

72c

4.

1,500

3%

1.70

Aug

8% May
1.45

80

3%c

66c

—1

30%

3c

*

13%c Mar

1.15 Mar

1,800

3%

A pfd__50

50c

1,000
X

5'A

•

8%c May

100 ;Xi X. 1.15

28c

Resources

87c

500

60

Oils Ltd

Ventures, Ltd,

35

10

4%

Upper Canada Mines Ltd

Sep

Mar

Fuel

United

50

1.50

1.46

—

••

31,420

53c
1.33

10

common—

common.—

Mortgage

-

53 c

1.30

:

~

..150

X-;.X

lie X X
XX
1.22

1.22

53c

1

61

1.40?"

lie

Teck-Hughes Gold Mines
Top

-

67 '67
1.30

—u.1
1

Cons

60%
,

1.37

*

'■

3%

3%

'i1'1 '&U

->

United Steel Corp^ Ltd.

Jan.

15

2,100

Jan

Sep

.6c

.

"H

•;:

Jan

60c

Sep

Union Gas

Jan

'17c

100

17c

:

'•A:.V

105

Mines

Transcontinental

3.60 Jan

"

'-;•

•i

.1

1

Jan
Jan

52

20c 20%c

X

52c

1

—

367

1.04

3,275

Jan

22

May

2%

826

23c

1.35

Tip

3%c Sep

2.25 Aug

.

250

_

*

Gold

United
300

■;• 18 :•-r

Sep

May

68c

6/c

•'X-.-X

...

Tamblyn. (G) Ltd
I

Jan

Sep

2c

—

Sullivan

Jan

19c

'■

.

Sylvanite Gold Mines, Ltd

Jan

4c
2.30

\

.

Sudbury Basin Mines————

Jun

'f.% 10c

55c

2.40
;■•■

18%

tf

Mines

X'X 8

j

Feb

5

Mar

Jan

8c

85c

4,808

Sturgeon

Sep

Aug

10

41

44

xt.

Ltd.

Gold

Steel Co

July

1.30

32c

20c

'- 2.40
/-i?

-.l-X-'—

XX" 4

Apr
Sep

98c

3%c

1,300

34%

'

Steep Rock Iron Mines-——•

9'A Apr
5% Sep

1,600

20c

Oils

Stedman

Jan^
July

19
-

5,650
?

3%C

2.40

*

Gold

1.13

Ap —

$

y

1

4,200

95c

43%

Ltd

Standard Radio

Feb

-

15%

6% Mar

:■

8%c

Jan

Jun

13,400

Slave

■

_

__;—

-'"191

Apr

2%c Sep

6,000

.54

.

A._

55

2,000

2%C,

1.03

tf

class

54c

8c

Jan

Jan

"

1.12

—

of Canada

Class B

2%c
?!'■:? 52

Aircraft.

Francoeur

3c

2%c

.

_

■>,C

7%

3 x.

.

120

28

8%c

<•

Ltd

Sladen-Malartic Mines

'

i. 1

Faleonbridge Nickel Mines—-- X—
Fanny. Farmer Candy Shops
Co

"rVfi

340
..

320

68c

Siscoe

Jan

97%

6% Jan
4
Jun''

-

1,225

3%.
54c...

r

3c
<'-f

■

Ford

3,'A-

54c

475

5'%

25 %

July

"16%

Jan

45

i

Sep"*

•110

50
100

7%.

5%

^

/
P

30

Simpsons Ltd class B——

Jun

:17%

May
103/* May

rr

-i

v

——

Fleet

18%

v7.%

Mines' —--—ui'X'i.

Electric

Class B

*:' 10

————————

Malartic Mines-iiL—
Gold

10

' :l

■

1*

com

do—1;

East Crest Oil

7% ::

-•'I'

Mining
'

English

:

common

Worsteds

X 90

135

Corp

Nickel

Sigma'.-—

Feb

6c

X 21"* Mar"

187

-

Jun

•23%

39

29%

30

—1

_

:.

Sherritt-Gordon

I7%e Jan

.

%c Sep X

275

1,550
'9

140 ;

>

18%

.

■>"'

..__

*. -•>.

Eldorado

*

j,

Woollens

15%

135

tf

Dominion

Preferred

r

140

—

Stores

Dominion

Eastern

•'.

corn-

^

23% ;.PV
95% '

15

10

Steel

&

23

'

preferred

Foundries

2

4,000

275

95c

X X

*

Shawinigan Water

Aug

55c

Aug

lie " Sep

500

.

95

•

13%-

•

Dominion Bank (The)—————— 100
Dominion

3 %c

'

•

•vV'i/

• ''

11

3%c

.r1'

100

Mines—u-—

Dominion Coal

11

'•Sr.
»*

common-

Preferred

Dome

11

—

-X-u-—-ui.

29 %C

May
197% Mar
X Sep

355

40

1.45

-'

A*

May
July

14

20c

22

Senator Rouyn, Ltd—i

34% May

35c

Oils

Preferred

Mar

23

'27% May

6

Jan

20c

66c

San

Jan

•18 •' May

200

210

39%

Corp

Gold

Scythes

Jan

39

Sep
'

Sep

Jan

1.40

1.35

St

Sep
Jun

6% Aug

*32% Aug'

64
"

21

29%

r.

Aug

Aug

"•v'-'.l"1'-

'

ni2

"'111

•'

•

4,205

"'34

91c

;V"

Mining

Queenston

10'Ac Jan

Aug

5%

800

Jan

1.04

lie

Royal Bank of Canada-

Feb
Jan

1.30 July
46C

225

55c 55%c

33%

112

100

100

6%

6%

Car

Preston

•

34'

Mills—J—-——- i? *
Coal

43c

Steel

Premier

Feb

1.30

Sep
4%e Sep

525

1.08

3,250

Powell

Jan

2,300

Sep

Sep

45%

May

28c

Pioneer

Jan

5,340

Apr

:•

common—.

Pickle-Crow

Jun

14%

57c v-

Apr

6%c

,

Light Heat & Power.

Porcupine Mines
Paymaster Consolidated Mines

July

27%
46c

2.00

6%

_

♦

Aircraft

26

2,841

54c

50c

27c

Porcupllff*
Corp

Perron

Apr

19,444

Sep

13

12% July

Pamour

July

3,000

.

36

500

13c

Page-Hcrsey Tubes

Jan

Apr

55c'

1.95

P'*—-

-

>

Smelting-———-—— AS

Pass

70c

"55c

0

Mines—— ';r\

_-L—_

Imperial

Crow's

6%

4%c

....

Consumers Gas Co of Toronto.—

Cosmos

5%

•

68c

'

Consolidated

90

65c

6'A
1-

_

Mines

12

9'/a

1,215

8,015

9c

200

Pacalta

Jan

7

Mar

25c

41
55c

1.00

Canada—

Corp
Orange Crush Ltd preferred

Jun

9%

21'/2 Mav

1,500

10

22

152

38c

iyi,"
——

Gold

11%

38c

.*

Plow..

Coniaurum

210

11%

IV/* A

common

&

25

•

,

Jan

4'A

Apr

500

Ontario

■

Chesterville Larder Lake Gold Mines JA

Mining

25%

15

25

..

Mines

Central Porcupine Mines.

Cochenour

185

A

Mines..

Chromium

6

25%

of

Omega Gold Mines Ltd
Ontai-io Loan & Debenture

Jan

V

4% Mar

;

8

common..

{;? Preferred' p—--jiiXiuL
Canadian Celanese common

30%

May

vi'

10'/a

14

Okalta

Apr

27

2,360

13c

O'Brien

Feb

100

if

13

9c

Noranda Mines

Jali

'•

3% May
2% Apr

5%

3,670

'

Jun

25% Mar

18%

:

59

4'/a

52c

Nipissing Mines

Jau

5%

Mar

2%

5'%

40%

Mines—

Mines

Naybob Gold Mines, Ltd.

Feb

87

131

Jun

6

Sep

1.50 Mar

14

National

X5;''x Jan

118

■;

common

;

Sep

74% May

210

26%
w

Ltd

7%

Jan

7

Sep

4 %

Jun

2.22

149

13c

Montreal

1.20 Jan

32% Aug

,

5

40

:i'

Ltd-——.

Normetal

Apr

4

10

Lake

Gold

Corp

Moneta

Jun

80c

100

.

Red

Oils

Moore

Sep

8'A

100

•?:

Model

Jan

3c

7'A NAay

•

2.00

common

Jan

1.68

54c

Aug

Modern Containers common...

'

26

27 »/2

•

27

^

.

400

Mining

Feb

'2.80

120

Jjr

-

common.

6%

_■

100

Commerce

'

87

77

*

common

Preferred
Canners

50

33%

4.

50

Class A-——.

8

*

-

Breweries

13,000

Mar

87

.

Ltd

Bank

Apr

1C

8

*
„

.

Sep

7

91c

■

>:*'

4%X:4%
Milling

Jan

2.85

Sep

1.12

16

S

Leaf

1.70

2,875

Jun

Jan

1,000

87

60c

Sep

38C

Red

McKenzie

Apr

61c

3c

:

75'

2.05

McWatters

July

1.15

/

*

Ltd..

:

Sc.

1.95

Preferred

Jan

22
29

1.14

■

]

Steamship Lines

Preferred

Canadian

4

•'16

Sep

34c

•

Jun

July

4,000

18
?•:"••• 9

Sep
Jan

Jan

10%

485

Preferred

Jan

May

35c 4OV2C

*

•

•

——;

Ltd

Co

12%

25'.

:

v

6'/a Mar

1,600

Massey-Harris

11% Aug
18

2%c

Calgary & Edmonton
Canada

40

15,300

—

Burlington Steel Co Ltd—^

'■/"'V'

-

Jan
Mar

21

v;

Mines

15%

13

,

8

4,100

class

Preferred

Jan

20%

4

Gold...

9.30

6%

1,027

.V

54

Sep

75

Maple

Jan

19%

__

Buffalo Canadian

32 %c

2,090
v,

.

May
;

20

Maple Leaf

12%c Jun

Sep

20%

20

*

Brown

Canadian

15%
;;

*7..

Broulan Porcupine Mines, Ltd

Canadian

15%

Mar

3.15 May

1,660

54

3c

K-

Feb

5.85 Aug

970

11

14%

♦

A

Dev

5c

6.15

10%

15%

—

class

&

6.05

•

6c

5,400 P

6c

11

*

——

British

5,500

6c

14%

com

Oil

British

Canada

i

-

6.15

Light & Pwr

American

7%c

'•;•—J.'

Ltd

Mines,

Brazilian Traction
British

7%c

•—

--Xu-v—-—

3.40

54

ft V

70

Feb

Aug

3.25

6.75

Jan
'

1

19%

Malartic

Jan

•

—

Mclntyre Porcupine Mines.—

Bobjo Mines Ltd
Bonetal Gold Mines Ltd

62

75

Jan

10c

Apr-'

Apr

34c

Madsen

Jan

J

4%cMar

185

40'/a

1,100

20

Feb

94c

150 %

:

■

Aug

5,900

MacLeod-Cockshutt Gold Mines.

•

Feb

6%c
:

•

;

Jan

JU)3A Aug

mfc'iC

42c
37c

——.

Candy

Groceterias

Class

May

9%c

•

200

26

V

—

/V

Gold Mines.

Jan
Jun

Loblaw

Jun

18

y

Ltd

c

34c

2.93 Mar

Little Long Lac Gold Mines Ltd.

Feb

274%

Apr

500

v-60c'

2%

———50

.

12

Secord

Jan

188

Mines,

Leitch

Jan

147

X

Shore

Laura

Jan

2.65

29'/2

4.40

.

41 %C

41 Vic

1

Banking & Loan..
Lapa Cadillac Gold Mines——

July

55c

Sep
Sep.

221

2,100

3'/aC'

128%

6%c

Bell

7

High

Sep

29,000

Landed

16%c Mar

Apr

May

125

10

11%

3 %c

'4V''

1

——_

91'

4,639

'

17'

6c

1.75

9c

3.75

Mines.—

Lamaque Gold Mines

Sep

28 %

Dufault

Lake

Sep

13c

Sep

221

Exploration

■X12

;.

Apr

7c

___100

Beattie Gold Mines..,

21%

20

•

Aug

34C

127

6C

Sep

9c

200

1.15

BJffiurst

Ribbon

4c
12

Low

9c 10%c

c

.

Jan

1,000

1.10

0

Blue

7

3,285

1.10

BW>Metals Mining Corp.,—
Bear

May

40c

common.——j— *:

Barkers Bread

4

7%C

^.100

of

495

25

10'.'2

./

Range Since January 1

High

3.55

Mining.

Lake

Mar

'2.10

•

1

Ltd——.—

of

A Bank

37c
2.00

—

75c

1,300

Low

Shares

High

Sep

.

"

:;M

45c

2,000

12

7%c

40c

'*
—

5c

LOW

200

.

,

13c'

26% -'28%

7%c
*

•

Ltd—

X-Xx'

12

28%

Corp.—-———

-

Anglo-Canadian Oil

'

4%

13 c'

—

—1

Kerr-Addison Gold Mines
Kirkland Lake Gold

Range Since January 1

'x.xx*',

50c

5c

V

—

common—

Shares

High
•

4%

•■

Agriew-Surpass ' Shoe
Ajax Oil & Gas Co

for Week

°

of Prices

Par

Abitibi

Mines

Xj Sales

Range

Sale Price

of Prices

Par

Sept. If) to Sept. 25 both inclusive, compiled from official sales lists

Sales
for Week

Range

Sale Price

Jan

13c

Jan

Jun

May

'

Gatineau Power 5 %

100

preferred-

75

75

75

61%

20

77% May

Apr

■

General
Goldale
Gold

* •,;••>

Steel' Wares

God's Lake

Mines

Ltd..

_

Eagle Mining Co

Golden

Vl.j' ''

—

Mines .Ltd———X——

Gate

.

-

;

—

5%

—•

XX"

13 %c

>

1

.

10c

IOC.1014c

—1

Mining—.—

IV2C

Mining
Goodyear Tire &

-

•:

Rubber

Preferred

common'

—

'

/•;.

Lakes

Great

West

Paper

A—

•

"v:

■

3%

May

-

Rock

Gold

1.75

105

12

11%

■

.-yv.
"i 10%

9%c

■

1

$'

•

1

Apr

60

Mar

Western Grocers

Jan

Weston

50

.

Sep

Sep
2% Mar

10%

37c

Jun

28

Sep

13c

Jan

2% July

•V -2%
30c

3%
55e

Sep

10

7.25

7.60

3,600

•6.70 Mar

10.50

2.31

1,025

2.07 July

2.70

Friday

Feb

UXXl——

2c >

2c

Dew,

Hudson

2 O'/r

Mines—.it- AA

Bay Mining & Smelting

Hunts Ltd

Huron

tf

Ltd..

Howey Gold

class

& Erie

paid

A

J_

-

_

...

14c

22%

L_—

Mortgage

...

18
i

48

_

...

13y2c
•

-

:

*

•

'

.

14c

22

48

2

Sep
Jan

6'/a

Apr

19

13%c

Sep

•21%

Apr

28%

Jan

Canada

Sep

8%

Jan

Coast Copper

Jan

Consolidated Paper Corp

25

7%

6

30

48%

46

3-

Imperial

Oil

—

1

100

■—

Imperi&l Tobacco of Canada ordinary_5
Inspiration Mining & Development
International

International

For

Nickel

Petroleum

footnotes

1

common

7

20

-

55

Aug
v

Jun

see

page




1144.

*

152

9%

•K',

9%

.

;.■••

4

2,189
:

•'

200

:.

150

8'/a

Sep

9% Jun:

13%

25c

30%

32

2,597

29%

13%

13%

1,717

11% Mar

1,300

1

7% Mar

25c
32

.

151

9'A

9%

k

—9%

1.45

589

2.25

3,340

Jan

Bi-ett

20c

Apr
Apr

204

9%
v

12%
31c

Trethewey
Bud:

Mines.

—

—

1

Jan

Sep
Mar

11 %

9'A July

■;

Jan

l'4c

Sep

75c

Apr

1.45

Sep

Apr

2.90

Jan

1.81

1 %c Mar

Sales
for Week

Range Since January 1
Low
High

Shares

High

%c Sep

•

%c

5%

100

5

66c

'

••.

66c

.

%c
5%

;'V

0

Breweries

Week's
of Prices

Low

Par

1,435

X

'•X.

4,000

Range

Sale Price

Jun

66c

100

50c

2,000

1.55 Aug

1.75

1.85

386

75%

75'/a

100

20%

20%

55

65C

1.85

•

Apr
May

65c

600

2%c

2%c

2,500

2c

May

92c

1.00

2,852

85c

Aug

18

18

100

.'■•'
r

%c May
Sep
July
33a Jan

6
75c

Jan
De

Imperial Bank of Canada

STOCKS—

1

4,500

-

6

7%

.

"125

22%

6

\

Last

v".:XX

'

18
■I

16

2,500 X

"

Honey

51

Exchange-Curb Section

Jan

2.25

♦

—

Gas

180

1'Ac

2.12

2.25

10'A

1,30

__

Jar.

7.55

&

Sep

Jan

Sept. If) to Sept. 25 both inclusive, compiled from official sales lists

Jun

2.27

.

——

Oil

16'%

45

46

l'Ac

10%

common

Toronto Stock

3% Jan

Jun

Hollinger Consolidated Gold Mines. AiS
OilX

21

Apr

[

Jan

Home

Homestead

4.80

Apr

8

11% Mar

4,660

-

Sep

18'A

2% Mar

Sep

7%c July ■

225

3.50

120

Feb

10

50

?•

3,200
2,300

46

common——.

f Geo V Ltd

1

3

35c

37c

X.

Aug

1 •'

2,500

3.70

19%

16c 16 %c

pfd
—.

Wiltsey-Coghlan Mines
Winnipeg Electric class A.
Wright-Hargreaves Mines—.

Jan

24

50

9 %C. V ;

3

1% Aug

11

:; 101

10%

3

"

20

.

27%'>:t

,3

1 ,>

39

215

«

Mines

July

25.':" .31%
•

Worts

Aug

X 500
•x

1.75

' 1

•■10%

Bridge'" Co.—————

Ic

3.60

19'A

Ltd

&

Wendigo Gold Mines—.

Apr

10c

Mines,

Walker-Gooderham

Jan

11'A

"

27%

—

•.t''

..

49%

"1:50

preferred

Ic

51

11%

Gunpar Gold Mines, Ltd.—lu Ally
Gyp sum, i.—*——- u —tXXXXX—Hamilton

v

49%

01

A*.*

vtc__—

Saddlery
Greening Wire Co

•

"A:'5l
49%

'—.•

AL *

preferred—

Great

Hard

7,000

'

Waite-Amulet

June

"

«

-50

Great Lakesvoting trust commonT.

2c

20c

'6% May
-

10,500
-

6

3%c Mai-

12,000
"

May
May

'

Goodfish

V.

5

t'f 9c

4,900

8%

X 8-

_

_

5"''

,5%'
L3%c -X

Havilland Aircraft

preferred-

Feb

Dominion

Sep

Foothills Oil & Gas

Jan

Osisko Lake Mines Ltd—

—

100
*

Bridge Co., Ltd.^-

:

r"'

:.•

20%

#
.

1

...

2%c

;V; "

80

Apr

20%

Sep

24

Mar

65c

Sep

85c
6c

Jan
Jan

75

Jan

May

36'A

Jan

Pend

14

Aug

Thayers Ltd 1st preferred

Oreille

Mines.

.

—

—

1

1.00

Q
—

,

18

Sep

1.75

24

Jan
Mar

THE COMMERCIAL 8c FINANCIAL CHRONICLE

1144

Monday, September 28, 1942

OVER-THE-COUNTER MARKETS
Quotations

for

Sept.

Friday

25

;•/

Insurance

Companies

Par

Agriculture..

Aetna

Aetna

4.21

'-

.v"

'-..I

10

21%

15%

Equitable

2%:

'■■■■

4.65

Re-Insurance

:

/

.

■:

•

2%

Mfrs

&

Fire

Chemical

equipment,

45%

Railroad

,5%

6%

Railroad

"44%

56%

National Fire—

No

|;58%

Amer Bond

North

American

10%

9%
: '50'%

Reserve——*«-*.*—10
Surety,
J25

American

••<!

52%
;

'

2%
25

Baltimore American
Bankers & Shippers
Boston

—

;»

Fire

National

72%

Casualty

,2

.21

.

1955

Fire.,———5 '.13'A

New

York

Connecticut General Life,,—10

26 V«

5

33'A

35%

Northeastern

38%
52%

40%

Northern —

94

97..

10

Federal

.,,10

Fire Assn of Phila—*

,

2.50

25

5

9%

Class

~

4.22

_

_

B—

...

—

-

—

•

1.91

34c

25c

.

62c

_25c

Trusteed Industry Shares

—

Union Bond Fund

1.55

70c

11.05
;

4.30

17.10

5.53

6.05

**—

10%

U S El Lt & Pwr Shares A,

11.82

—10c

5.05
2.98

31c

15.64

series B.

*—.xu.:

C

Series

—10c
1

Shares

Republic Invest Fund

23%

3%

4%

77

63c

1.07

*—*■,,**!»:«-——

B

—1 ;r

Wellington Fund

13.90

12.60

—1

25

89

38%

85%

—5

13%

15

.10

29%
5%
21%
19%

6%

Investment Banking
!

75.24

.

<■ :

■

Corporations
Co

ABlair

61

A First

7.69

3.10

Boston

r

y-;' r
33c

——1

—

48c

9%

10%

Bid

Ask
1260

*—10

Corp

31%

.,2

*

1

40%

82%

2%

Shares

Income

73.76
7.05-

93

10
10

Selected Amer Shares.—,
Selected

2.65

•

81

,————12.50

—5

24%

39%

41%

10

14%

16

Indemnity-Co_—
-1;

New York Bank Stocks

26%

;_5

Fire..

Pacific

10%

Fire

Franklin

22%

5

River

Pacific

San Fr

of

Fd
of

~

54%,

Newark,,,

Fireman's
Firemen's

4.23

.

ASeries B.

J.'.-rV-i'A

Scudder, Stevens & Clark
Fund, Inc—
North

ASeries A

1.95

1 py

—

Continental Casualty

,1,62

,V,

.1

*

i

1.69
1

.

...

Trusteed Amer Bank Shs—^

1

*:

.

Oil Shares—

Stand

Trustee

,-f

1.59

•

_

V& 5-42

Quarterly Inc

14%

14%

:

Hampshire Fire,—.:—*—10

28%

4.93

Plymouth Fund Inc
Putnam (Geo) Fund

42%

10

New

.

3.84

D

29%

40%

7.58

;'.f

22

27%

ASeries

37%

$

—

Series 1958——'

154%

528

10 TV. 13%

City of New York

149%

20

Fire

Union

Amsterdam

New

18%. ?■. 19%

5

—

Series

8%

■'-'■-'.i

New Brunswick

Camden

7%

—2

—

ASeries: C*—--i*

4.47

—

t

■

6.43

'y

shares

1953—**

Series 1956*,

7%

6%
69%
508

.—100

—

National Liberty,.,

ctfs

Trust

Trust

Amer

Series

12c

63.20

Trustee Stand Invest Shs—

6.99

3.47

Steel

13%

42%

6.36
9.58

6.89

*

equipment——,—

10c
58.41
1.84

v-

4.92

41%

4

•

_

5.84

'—
—

5,
Y

,50c

Corp..

Super Corp of Amer AA

6.35 "; ':

—

5.59
12.01

j! 7.70

.,.<8,71

*.*.**,

Metals

Investment

St

State

5.07

5.77

stock—,.—*1.

Machinery

Standard Utilities Inc

7.65

^

7.00

<

Insurance

3%
63%

-

N

6.95

4.GO

Oils
Merch

'

—

Ask

5.02

11.29

«

Spencer Trask Fund

9.74

8.86

stock.

Building supply.!:.**

8%

60%

,1
12 %

Merchant Fire Assur

.17%

12%

10

American of Newark—,
American

Casualty,,.,
Bonding

Maryland

Massachusetts
•

' :W''y:7.'i

American

Ask

31%

Electrical

$ 68 'A

.;|20%

5

Alliance*,:—,

American

7%

5

29%

65 %

25

———

29

20
,

Bid

Par

Sovereign Investors

.6.93

Aviation
Bank

Knickerbocker

51%

*

Agricultural

Bid

Par

Jersey Insurance of N Y_

127

123
49%
277a,:

—*

/■

Ask

Bid

Par

Surety—*—10
10
Life—.—*-**-*
10

Casual &

Aetna

Ask

.6.29

Automobile

"

'

Bid

York Stocks Inc—

New

_*—

v

.

Phoenix

*.

r-

Bid

Far
Preferred Accident

General Reinsurance Corp

Pro^fflcnce-Washington

Bank of Manhattan Co.,——10
National——.13.55

Chase

Gibraltar Fire &

Marine

Reinsurance Corp

(Texas)*.—.

Republic

Glfuis Falls Fire.:
Globe & Republic,.

Revere

5
5

37
7%

39

5

25%

2?

10

23%

24 %

—

(Paul)

Hanover

,———.

10

10

Fire

Seaboard

1.62%

Marine

160

252

-.10
25

34%
115%
53%

55%

New York Trust

36%
kr

?;•s

"l,<

1-'

Bid

Par

Bank of New York

U

'44%:

S

100

402

412

28%

288 >

.100

.

Insur Co of

47

—10

74%

77%

2.50

29%

31%

-4

58%

62%

20

U S Guarantee

77%

80%

Central Hanover

69 Va

Westchester Fire

_*;

Morgan

12%

AAmerex

Holding

Agricultural

;,1

2.39

2.62

Automobile

Investing.lOc

y 9.75

10.69

American Business Shares
American

Foreign

fr

2

4%

4%

1

Oil Shares—

Stand

9.62

Axe-Houghton Fund Inc—,

,

10.34

shares

,

...

Food

A6

Fund

Mining shares—

2.76
12.20

RR

13.12

5

Street Invest Co Inc

1

Ltd.—*

Fund

Bullock

...

Equipment shares

Steel shares

18.54
20.04
10 81 ;> 11.85

*

shares*—.——
shares

Utility

.

2.40

4.14

4.52

2.86

Holding Corp,

—1

100.5

100.3

1,1943

99.30

99.28

15,1945

100

Securities com

Preferred

—*—

100

—

Commonwealth Invest
Consol Investment

1900
140 ;•
3.51
27% >29%

1800
136

•

—1

Incorporated Investors
Independence Trust Shares.

,

b0.65
b0.75

0.60

1, 1943

b0.75

Institutional

AA

Series

1

Accumulative series

Series AA

mod,

1.71

•"

2.07

A,.:

.,1

,,

Series ACC mod

1.71

1

—-

—

1.80

100.20

•,

l%s Jan. 3,

100.19

100.23

100.21:

100.25

1944—

1943 at 100% —

Call Jan, 3,

Investment

—

Co

&

Forster Insurance—

ACommon

25

118

%
•

A7%
preferred—
100
Cumulative Trust Shares.*.-„**•

Series

A

25

•</

1.93

102%

103 %

92%

'2 93%

14.52

11.57

1

■

111%

78c

10

16.68
8.66

3%s,

27.14

29.74

22.75

24.93

15.13

16.62

•

1

1

15.81

14.62

2.75

C

:

*

D

2.50

Dividend Shares
Eaton

Stock

25c

.' 4.20

-

—

Series

Fund

1

Fund—

'

S-3
S-4

1.04

Loomis

16.51

Loomis

Sayles Mut Fund—;
Sayles Sec Fund—

Manhattan

Fidelity

Fiscal

Inc

13.47

Fund

Insurance

stock

series

1943

11.25

Dec

15,

1943

Mar 15,

1944

8.12
2.82

Jun

15,

Trust

Fundamental

5.62 <

Sep

15,

—

A

Inc

1945

*

72.42

73.90

10

29.60

6.94

3.15

_

Mass

Investors

Trust—

1

15.91

JMar

1945——

15,

Mass

Investors

2d

1

7.55

Mutual

10

7.66

Defense

100.19

Nat.

100.20
100.31

100.24
%
%%- 100.14

100.26

15,. 1944——
%%
15, 1945—*.—
%%
Certificates of Indebtedness—

Ask
99.4
100.4

tSep

99.15

99.17

tDec

98.28

98.30

b0.39
bo.50
b0.65

0.34
0.47
0.63
0.76

100.16

t%s Nov

1,

1942—

%

100.31

101.2

t%S Feb.

1,

1943

1C0.14

100.16

t0.65s May 1, 1°43—:—**,.*—

1.76

Nation-Wide

2.40

Invest

Fund

Fund

Inc

Rates

(Colo)

1

2.80

3.30

2

15.03

16.47

3.54

4.31

24.77
3.85

,,

.

v j:

26.63
4,15

series B

shares

voting shares

National Investors Corp
National

Low

•

25c

+

%s

1,

—
—

Aug

b0.78

1943

priced bond series

England Fund—

—_

4.94

6.50

b0.375

1942—

b0.375
b0.375
b0.375

Oct.

21,

1942

28,

Bid

Nov.

b0.375

1942—

—

0.25%
0.25%*
0.25%
0.28%
0.30%
0.31%

Nov.

12,

1942

Nov.

1942
25, 1942

Dec.

2,

——

18,

Dec. 9,

——
—

1942———
1942

—*

—

—

b0.375
b0.375
b0.375
b0.375
b0.375
b0.375
b0.375

Ask

0.31%

0.33%
0.33%
0.33%

0.33%

3.92

4.95

5.45

5.40

1

14,

Oct.

4.57

3.54

series—:

7,

Oct,

Bills

iur discount at purchase

Ask

1942———
1942—,.
—

Oct.

1.03

5.90

l

Preferred stock series
New

are

Bid

Sept. 30,

2.62

93c

Security Series—
series,

Income

quoted

Treasury bills—

Securities—

7.04

2.77

*

100.2

.

Notes—

100.17

8.37

1.48

33^




1946,**—,—*

15,

United States Treasury

8.12

1

tDec

1 %-%:"'; 100

—

17.11

1.42

Capital Corp,.——_•'

Int. Rate
Bid
,1
%
99.2
1%%
100.2

;

1946—

100.5

%%

1
-

3.75

5.24

B

Maturity—
t'Mar 15,

100.3

7.64

;_10c

14.51

Bond

General Investors Trust

104%
100%
105

30.20

1.29

Fundamental Trust Shares A__2

:.:v

100.11

100.29

1%%
1%%
1

1944

4.70

10

Shares

Invest

104%
100
104%

represent one or more 32ds of a point

Ask

100.18

—

—

1944

5.09

5

(Md)

General

1943

15,

Inc.

10c

Trust Shares A

Foundation

15,

Sep

%%

—-

Inc—

Bank stock series

Fixed

Jun

11.96

10c

Industrial Fund,
Trust Fund

1943

8.26

13.13

10c

Maryland Fund Inc...

Fund

3%s, 1971

.,

Bond Fund Inc—

Common

Mutual

—

Public Serv 5s 1957,—

'

102%
'

<>

9.82

94c

1

Financial

JMar 15,

Mar 15,

9.24

Line

3%S, 1956—

100.9

1942

10.84

4.75

Equitable Invest Corp (Mass) .5
21.36
22.97
Equity Corp $3 conv pfd
1 >' : 15%.. 16%.

First

15,

Bid

Int. Rate

Maturity—
Dec

7.35

—:

*

Ask
.

.

102

1972—.

3%s

Southern Natural Gas Pipe

Wisconsin Pwr & Lgt

108

107%

-

Quotations For U. S. Treasury Notes

2.53

;

Fund

129

109%

Bid
Public Service of Indiana

Virginia

1972—.—..

Figures after decimal point

11.97

...

Knickerbocker

15.54

Howard—

&

Balance

.

'

108%

127

.

10.25

S-2

Series

Diversified Trustee Shares—

107%
103

;

1961

1.12

7.50

K-2

Series

Delaware Fund

—

K-l

Series

98%

98%

2%s 1952*—

(R H)

Macy

8.88

1

B-4„

Series

3s

18.13

B-3—

".Series
-

—

3.53

,—1946 '
1947

3s—

Panama Canal 3s

12.68

71c
1.02

of America:

B-2—

Series

Other Issues

U S Conversion

-

B-l„

Series

.

—

.

10

shares

B

23

100

preferred—*:

A8%
Crum

10

& Forster common

-

Ask

Cent 111 Pub Serv 3%s, 1971—

Keystone Custodian Funds—
ACrum

^

Quotations For Recent Bond Issues

1.26

—_

Investors Fund C_.

,

w

"

'

257

2.07

1

-

■

-'"tk

U S Conversion

16, 1942 at 100%.

15c

1.69

Group shares.,

Insurance Group shares

—

'

May 16, 1943

...

Call Nov.

4.94

13.50

Bank Group shares
.

1,1944

100.2

100.26

100.22

100.24

Bid

Ltd—

Securities

<

•0.65

1,1943

*__Mar

Penn Electric
Aviation

1

notes .—Feb

100.10

100 ;;■

Apr 15,1944
Authority—

0.50

1, 1943

100.8

4.02

1.15

5
•

——

Housing

S

[Ask

Finance Corp—

—July 15, 1943

1%%

1,1942

—Apr

2s

3.23

Trust——1

Corporate Trust Shares

1080

1040

3.27

5c

10c

Common

%\%

:

Empire Gas & Fuel 3%s, 1962—
Christiana

72%

Bid

U

Foundation Fund Inc

8.83'

8.18

2%

2.95

2.32

——

Income

25.23

"

53%
168

12
.100

tl%%

——Sep

3.00

23.46

Ltd—1
Trust
•
Chemical Fund
—_—,1
Inv Fund

Century Shares

36%

69 %

Ask

Federal Natl Mtge Assn—

6.23

2.96

shares,.—

A Huron

Canadian

27

?:

158

;

—25

—

States.

United

'

3.54

3.64

....

shares

Tobacco

Broad

253%

—*„.Feb

;

2s

2.67

4%

——5

yv.

49 %

248 %

Banks—

Loan

t%s

6.92

2.59

3%

Inc.

t%S

3.76;
4.48

t

Home

t%s

4.75

4.10

5

....

6.64

5.42

5.66

-

3%

Shares——10

Industry

Boston

shares

2%

Railroad
Basic

—

——1

Petroleum

Federal

4.31
4.92
\,j, 6.29
:'-'t.<:;3-21

Merchandise shares.—....... >y'

preferred—:

%

4.07

——Feb

tl%%

6.03

shares

bond

& Co*..."*___ 100

Reconstruction

May

4.77

3.69

A

.

..Chemical shares
Electrical Equipment—.
General

Bankers Nat Investing—
ACommon

46%

-100

.

Bid

4.33

,

Building shares,,
Assoc

—50

——

%%

shares.

shares

Aviation

24
51%

New York

Asfcv

Group Securities-

2.07

15%:

;•

•-

35%

37%

Commodity Credit Corp—

14%

10

Corp!

1165

-34%

Title Guarantee & Trust

6.83

1.89

1%

Affiliated Fund Inc

Bid

Far

Ask

6.28

—-1

12

-

Obligations Of Governmental Agencies

-

Bid

i

Ask

-v

11
1115

common——*20

(J P)

39%

11

34%;

10

Bank & Trust—.

Exchange Bank & Trust_20

Investing Companies
Aeronautical Securities

;;j

29%

"

***—***___—*,.20

Preferred

Corn

Guaranty

•

'?■/ 'J

'i

27%

Bid

Kings County
Lawyers ———:

Continental Bank & Trust. —10

13%

67%

Par;;:':

28

sr '«•:/

10
100
—'.25

Irving

40%

-100

Empire

v.;/

w-\'

Companies

Manufacturers

28%

12%

North America—10

298

38%

Brooklyn

30

45

Fidelity & Guaranty Co__2

27%.

.10

Fire

V.

Ask

'

Chemical

*__*.!:,*

Homest^d

.v

119%

-.10

Security New Haven—

U S Fire—

5

—*—

26%

12%

——

1

44%

Travelers

^lome

National Cliy
* ' ^
y? V" \

260

91%

41%

Inspect.,10

»

Public National———..17%

Bankers

Hartford Steamboiler

168

.

1230

20%

42%

Springfield Fire & Marine

88%

,10

—<

28%'

27 Vt

100

23

10

Surety,.*—

Standard Accident—

Hartford Fire

Commercial National

"

First National of N Y,——*100

17 '/a

;

8%
St Paul Fire &

American.,——

Great

(NY)—.

:v: Par

Ask.

15%

5.99

9.72

10.48

Nov.

4,

•No
& Cash

bonds

1942—

par

—

b0.375

value.
"Odd lot sales,
included in range for

sale—not
are

subject to all Federal taxes.

1942———

Dec.

16,

Dec.

23, 1942 — .———*

b Yield price,
d Deferred delivery,
r Canadian
year,
x Ex-dividend,
y Ex-rights,
tin default.
AQuotations not furnished by sponsor or Issuer.

0.34%
0.35%

market.
tThese

THE COMMERCIAL & FINANCIAL CHRONICLE

Number 4111

.Volume 156

1145.

General Corporation and Investment Hews
RAILROAD

PUBLIC UTILITY

-

INDUSTRIAL

-

INSURANCE

-

MISCELLANEOUS

-

(isWsfS'v^
mssn

land,

Abitibi Power & Paper Go., Ltd.—Earnings—
:

5 : Period

End. Aug. 31—"

Ohio,

Canada.

y,'y

Earnings
$575,345
$866,139
$5,528,583
$5,490,423
y * Prior to audit and charges for depreciation and bond interest.
y

i

v Note—Included
in
United States funds.

1942,

August,
-

y,:

$124,443

is

earnings

■•.yy•

:

Shipments of newsprint in August were 29,208 tons, compared
?4,726 tons in July and 38,937 tons in August, 1941.-.
yy..-.-yy

^Shipments of

sulphite pulps in August were 8,636 tons,
With 8,579 tons in July and 9,619 tons of such pulps and
products in August, 1941.—V. 156, p. 951.

—■

Transmission

of Exchange

'J

•

be

at

deposited

■' %y

,-.y.;

the

due 1975, Associated Electric 4!/2s due
1953 and Electric Power!
Light 5s due -2030.
:vV; y y ■■■'■ t
Utility holdings increased during the month to 11.4% from'9.0%!,'
while the rails decreased from
10.4%. to 9.3%. Due to the elimination:
of 200 U. S.
Treasury 1% 3-40, the Government Bond s^tion de¬
creased to 12.2%' from 18.0%
% ,-y■;>,
As of Aug. 31, the ABS
portfolio was diversified as follows:
&

yy;y-

N. Y. City, it is
for the purchase of 15-year
collateral trust convertible 5% bonds due Feb. 1, 1944, and beginning
on
Sept. 29, 1942, and until Alleghany Corp. directs that such pur¬
Guaranty

announced

with
■-

compared
substitute

chase

shall
are

Trust

has

now

funds
and

i Aerco Cbrp.
Stockholders—

also

may

.yy-

.

The

y-

y

Bonds

yy

Alleghany Corp.—Bonds Called for Redemption—

in

received

'

depositaries.

are

company's office, 2100 Sterling Tower, 372 Bay Street, Toronto, Ontario,

1942—8 Mos.—1941

1942—Month—1941

6s

the trustee In

cease,

to

be

of

Broadway,

Its discretion

and

the

to

the

Rails &

available, will purchase such bonds at prices and in amounts
which shall be in the'absolute discretion of the trustees,

determined

price per bond not in

from

mortgage.—V.

time

156,

time

to

of a maximum price

excess
accordance

in

with

the

The

from Transamerica Corp.

an offer to purchase all of the outstanding
shares of stock of Aerco Corp. and Transamerica Corp. to pay therefor

10,350 shares of
National Trust &

the

stock

capital

common

Bank

of

not

Savings Association.
The offer was
its officers or directors but waf made

Corp. or
named stockholders
Aerco

their

on

belialf arid

own

on

of

addition

the

record

have
the

to

Sept. 21.

and

declared

usual

stock,

common

last,

the above

to

behalf

in

America
made to

of

Fire Insurance Co.—Extra

directors

both

$10,

amounts

in each quarter

payable

paid

were

during

25 cents per

Sept.

30

155,

p;

share

8.9%
,

s*

2.9%

y„

.

156,

of

the

portfolio

included

government bonds and 4.4%

597.

p.

:

y

other

and

All

of

|

of

the

outstanding convertible 4%

and

the

purchase of the stock will be made by Transamerica directly
shareholders

Each stockholder of
share

Bank

of

Cprp. with
r

Tne

Net

.

these

from

Years Ended June 30—

an

offer

of

through the escrow opened for this purpose.
Corp. who accepts the offer will receive one

will

debentures

4%.

(as

extended), due

Jan.

1,

America

for

T.

N.

&

period

8.

A.

for

each

shares

18

days from

of 40

Sept.

of

Aerco

in

escrow

;

An

within the effective date of the offer.

escrow

Broadway; N. Y. City."'
•
|
funds for
the
redemption of the debentures, amounting to
come from the. company's treasury, it was stated —V. 156,
,

the

stock

7th

will

The

directors have

stock,

common

Sept.

This

30.

Net

"Provision

per

share

?.=i-

in

preceding

y!y y

■

\

*

•

'

ly

bonds, thereunder

from

time

to

of

life

insurance.^

—

353,290

,

securities

1

-

time

limited

to

Drafts

against letters of credit

leased

,

principal

a

under

Accounts

(for merch.
receipts)

transfer

payable

Federal

and State

sold

interests,

rights,

privileges

*

'

the

bonds so authorized,

iPaid.-in

bonds,

1,326,860

the

(b)

new

purpose

for the future Issue of bonds of series A

1941

(up to $15,000,000 less any bonds then outstanding)
of financing (a) the acquisition of other properties,

construction, or

(c)

improvements,

at

not

to

exceed

60%

in

Period End.

.

of

6'/a%

1,

1927,

first

mortgage

will

vote on

leasehold
Oct.

13

|

proposals:
"
w
•
;
(1) The date of maturity of the principal of the bonds shall be ex¬
tended to Aug. 1, 1950, and the default In payment of the principal
of the bonds which matured on Aug. 1, 1942, shall be waived. y
;
(2) The rate of interest on the bonds from Feb. 1, 1942, shall be
reduced to 5% per annum.::
-y-%y'
y'y.yy yy-.^yy,- y
(3) All principal moneys and interest payable in respect of bonds
and coupons presented > for payment in Canada shall be paid, at the
face amount thereof in lawful money of The Dominion of Canada.
All
!

principal moneys and Interest payable in respect of bonds and coupons

presented for payment in the United States of America shall be paid
the United States of America, the
Amount of which shall be determined by the conversion of the amount

trustee

for

balance

the

of

the

purchase of

amount

bonds

in

trustee

for

satisfaction

(a)

That

of

securities

the

taxes on the property of the company have
been paid in full up to the end of 1942;
(b) That $10,500 principal amount of bonds held by Federal Building
Corp. have been surrendered for cancellation and that the consideration
paid by the company for the acquisition of such bonds did not exceed
$5,632.02;
the company has entered into a management agreement
terms satisfactory to the trustee.
proposal shall become void and of no effect unless it shall have
become effective prior to Jan. 1, 1943.
Under the provisions of the Companies Creditors-Arrangement Act,
a resolution agreeing to the proposal which is binding
upon all bond¬
holders must be passed by a majority in number representing threefourths in value of the bondholders present and voting either in person
or by
proxy at the meeting held for the purpose of considering the
proposal.
National Trust Co.,
Ltd., trustee, 20 King Street East, Toronto,
Ontario, Canada. Otis Safe Deposit Co., 216 Superior Ave., N. E., Cleve¬
(c)

The




:

"

'J

-

,

for

of

Aug.

29-y_

Sept.

1941

1939 ;

1940

1938

71,227,000

66,639,000

54.298,000

44,893,000

72,542,000

5

"63,756,000

50,894,000

40,860,000
38,807,000
43,170,000

42,460,000'

Sept.

in

12'__1 "70,564,000

67,605,000

54,817,000

44,270,000
48,974,000

19—

65,337,000

54,110,000

51,949,000

74,148,000
national

Subs.)—Earnings—

holiday.

August Production 7.44% in Excess of
The power output

1942—6 Mos.—1941
$63,7&3,837

1.501,173

4,867,003

3,098,768

1,000,000

605,000

3,000,000

as

1,260,000

compared

1941,

an

eight

Net

profit

400,000

.400,000

last

$879,147

Earns, per share of com:
stock
1

$496,173

$1,867,003

$0.12

$0.70

$0.48

'

•

an

12 months ended

July 31, 1942, totaled $159,599,062

compared with $132,490,216 for the 12 months ended July 31,
increase of 20.5%.—V. 156, p. 246.

quarterly dividend of five cents

the common

This

1941,

to

per

156, p.

K:"

'

for

101$.

•'

V

;

'•

'

" '

,

155, p. 45y :-y

1942.—V.

1,

%

:

American Investment Co, of Illinois (& Subs.)

'y'

6 Mos. End. June 30—

before

Profit

Federal

Federal

Dec.

22, a year-end of $1.—V. 156, p. 747.

'

Dividend)

Apex Electrical Mfg. Co.—To Pay Common
The

',
f'

'

'

directors have declared

dividend of 25

a

cents per share

on

and

income

1942

stock,

no

par

6 Mos.. End. June

30—

]j
—

Net income after all

charges and taxes
share
—

1942
,$15,090,108

1941
'j
$10,841,27^

293,121
$0.40

-

Sales

217,813;

!

Earnings per common
156, p. 599.

taxes-

$679,508
$0.50

Arnold Constable Corp. (&

"1941

$1,107,075
427,567

$576,414
$0.40

profits

excess

-

.

6 Mos. Ended July 31—

Sales
yNet

Net

profit

Earnings per

common

"Adjusted.—V.

156,

share___
p. 598.

;::;;Vyy-

.

profit

$0.24y
J

(Inc.)^ -Changes

in Port-

folio—
During the month/American Tobacco, Woolworth and Harvey Hubwere
added to the common stock section of the ABS portfolio.

Shares

were

Commercial
Cutler

Gulf
Ohio.
In

also

Oil,

R.

increased

Investment

Hammer,
H.

Macy,

in

Trust,

General

following common stock holdings:
Oil, Crown Cork & Seal,
Transportation, B. F. Goodrich,
R. J. Reynolds and Chesapeake &

Continental

Oil,

Pure

■■■■■':

the

the

American
;

bond

list

Great

.

Northern

5V2S

.y

'V.:'.--y.

due

1952

■

/.'y.:y
and

Kansas

City

eliminated, while holdings of
American Tel. & Tel.
3s due 1956, a new bond to the ABS portfolio, was added and in¬
creases were made in holdings of American Water Works and Electric
Southern

N.

Y.

5s

Central

due

1950

S^s

due

were

1952

entirely
were

decreased.

4,794
$0.01

4,473
$0.01

1100,367
Nil

«

of

1942

and

$15,851

Federal

for

in

1941.
July

income

taxes, etc.

]
1939

1940
$4,065,089

depreciation, Federal income
capital stock, $5 par.
|Loss.

$3,577,259;
+

48,107!
Nil'

tOn 337,109 shares)
'

taxes

<

i

amounted to $82,991
.

»

^

■i

in.
y

including $1,641,927 cash and*
$4,610,674 and current liabilities,
were $1,913,414.
This compares with cash and marketable securities,
of $1,150,213, current assets of $3,121,279
and current liabilities of
$748,782
on
July
31,
1941.
Inventories were $2,333,299 agamst
$1,198,776.—V. 155, p. 1008.
Current

bell

1941
$4,495,204

"After

Note—Provision

Shares

_

Subs.)—Earnings—

1942
$4,623,059

y_y.__y.y,-

fEarnings per share—

'

Business

American

the;

value, payable Oct. 1 to holders of record)
Sept. 24.' A similar payment v/as madb on April 1, last; none since.]
Quarterly-distributions of 25 cents per share were also made during!
1940 and 1941.—V. 155, p. 2451, ' *■ '
'
common

Earns.

$1,213,245
636,831

-

taxes__^_—

;

the]

payable Oct. 19 to holders of record Oct. 9. This com)*}
with 50 cents paid on April 20 and July 20, last. Payments during]
April 21, July 21 and Oct. 20, 50 cents each, and;

—V.
i

i.

•

,

Arden Farms Co.—Earnings—

with 10 cents per share paid each quarter from July 1,

including July

and

kwh.

2,139,417,526

15.60%.—V.

V-

1941 were as follows:

share has been declared on

stock, par $1, payable Oct. 1 to holders of record Sept. 16.

compares

1940,

against

as

' "V' V

■

of

output totaled
the same period

power

capital stock,
pares

Amalgamated Sugar Co.—Dividend Halved—
A

;

1942,

31,

Aug.

.

Net sales for the
as

'

,

Water)

corresponding month

*

ending

increase of

an

''r

the

The directors have declared a dividend Of 25 cents per -share on
,

"Before Federal income and excess profits taxes, and In 1941 before
appropriation for inventory valuation reserve,
y
Net profit for 12 months ended July 31, 1942, was $5,722*493, equal
to $2.50 a share on common, comparing with $4,983,830, or $2.12 a
'common share for the 12 months ended July 31, 1941.
Federal income
and excess profits taxes, for the 12 months totaled $5,940,000 against

$2,370,000.

year,

Year Ago—

totaled 313,272,613 kwh.'

Anaconda Wire & Cable Co.—Smaller Dividend—

$1,438,768

$0.32

months

for

kwh.

291,595,069

kwh.

2,472,969,892

"T.

reserve

the month of August

df 7.44%.

increase

the

For

with

a

of the electric subsidiaries of the American

Works & Electric Co. for

\ -'

That

with Yolles & Rotenberg in

21.2%—

1942—8 Mos.—1941

1942—Month^-1941
.

five;■ year^ follows;
;"
VVk. Ehd-rr
1942

659.

p.

$34,756,872 $32,685,320 $71,544,041

valuation

trustee:

all municipal

n

%y>:

• yy

Sept.

$80,134

so

of bonds not being purchasable within
trustee, any unapplied balances shall be
and held
as
part of the security for
the bonds.
'■
'-y.-y 'v.'.
yyyy%yy ;■'%
(5) The proposal to become effective upon it being established to
invested

156,

1942—3 Mos.—1941

profits taxes__
for
inventory

Approp.

currency

forming legal tender in the United States of America at the buying
rate of exchange current between New York and Toronto on the date
upon which such principal or interest becomes due./' yyy':'y'.yy:y
(4) Commencing on Feb. 1, 1943, the company will pay to the trustee
annually the sum of $10,000. Out of the amountirpaid to the trustee
in each of the first five years, $5,000 shall be invested in trustee se¬
curities and held together with any interest arising therefrom as
bonds.The

of

1,879,147;

excess

in currency forming legal tender in

security-for payment- of the
paid shall be applied by the
redemption, and in the event
one year from payment to the

discounts

and

Prov. for Fed. Income &

fund gold bonds
approving the following

payable in lawful money of the Dominion of Canada into said

July 31—

"Profit

sinking

on

3334.

p.

,

;

1,318,406

tAfter allowance for depreciation, $1,784,656

in 1942.

Net sales

Albert Bay Co., Ltd.? Toronto—May Extend Bonds—
Aug.

accounts

$1,884,717 In 1942.—V.

Allied Stores Corp, (&

75%

Holders

and

common!

of record Sept. 30,.i
16 and Dec. 29, last;'

•

thereof, except that in the case of new double track not more
of the cost thereof may be so financed, or (d) the redemp¬
tion, retirement or acquisition of bonds theretofore issued under the
hew mortgage—V. 156, p. 862.
'

dated

152,

952.

p.

"Includes

of

V"

and $54,829

1941

the cost

than

Dr50,290

,

$5,711,932
doubtful

holders

to

Output

increase

'

for

20

$15,785,851 $13,019,909 $134,629,308 $98,429,426!
156,

pany

30,321

«

allowance

Oct.

of electric energy of the electric properties of this comithe week ending SCpt. 19, 1942, totaled 74*148,000 kwh., ap
13.48% over the output of 65,337,400 kwh. for the correr
sponding week of 1941.
'
Comparative table of weekly output of electric energy for the lastj

2,143,042

'I :L,S51,83L-

surplus

"After

payable

American Water Works & Electric Co., Inc.—OutpuW

1,326,860

2,143,042

(par $5l_^

Capital surplus

of other series

the

375,000

public in the principal amount of $9,518,000 (any funds neces¬
retire the outstanding bonds not obtained from the sale of

for

V

277~870

450,000

■

•Treasury stocky._-^.!._i.^—"Drll6,750

$9,500,000 series A bonds to be supplied from treasury cash). yy

The mortgage will provide

or

est,

slirplus

Earned

Delaware—15-Cent DiV!

share has been declared on the

per

12 cents each paid on June

Sales

—V.

281,722

to

sary

.

taxes,

cents per

holders of record

40,000

;

306,205
income

to

';y?

$9,000

$388,254
507,873

16

American Stores Co.—August Sales Up

,

pany's first consolidated mortgage bonds now outstanding in the hands
of

risk insurance

war

Common stock

$9,500,000 principal amount
Series A are to be immediately issued and
to pay or acquire on or before maturity, Dec. 1, 1943, the com¬

these

cents

Period Ended Aug. 31

—

property, including equipment,
And franchises of the company.
-

since.—-V*1

none

re-

accounts

the $15,000,000

of-15

par-value,

no

This compares with

Liabilities-

Accrued

25-year 2lA%

dividend

A

stock,

13,456 y91,564

Reserve for

y Of

•

^X-"'$6,597;315: $5,711,932:

any time outstanding of $15,000,000, to be dated Nov. 1,
1942, and to constitute a lien upon all the railroad and other physical

of

70,526

704,087
V
1

dividend of 25

a

payable Nov.

American Seai-Kap Corp. of

y

.

49,523

685,099

-

j

share on thej
Oct. 23. A like;
amount was paid on May 15, last, and on May 15 and Nov. 15, 1941,,
as compared with 20 cents on June 29 and Sept. 30, 1940, and a quar¬
terly of 30 cents on March 29, 1940.—V. 156, p. 1012. •
■'
y
stock,

common

$1,102,315
1,268,704
2,147,139
327,595

421,900

.

receivable

Deferred charges

amount at

leasehold

y
•'(-y

y.'V;y

consider the creation
of

919,567 y
2,982,366

accounts

1012.
s :■

1941

.

.J

the company appearing
in the "Chronicle" of
the six-month period ended June 3d.
See V. 156,;

of

for

are

American Safety Razor Co.—25-Cent Dividend—

—

tProperty, plant and equipment!:
Goodwill, trade marks and formulae._____

Special meeting of the stockholders has been called for Oct, 23, to
of a new first mortgage providing for the issu¬

:

value

Government

earnings
21

The directors have declared

80
1942

yyyyyy.-yy y.yy/yy

y

^ Alabama Great Southern RE*—Plans Financing—

ance

June

Sheet,

inventories

surrender

S.

The

Sept.

final enactment.

$1,172,113

Cash

1942;

computed on the basis of the

were

■

_

passed in House Bill 7378, which are

as

were

American News Co.—Correction—

p.
year

Cash

U.

$100,220 in

were

April 1, 25. cents; July 1, 50 cents; Oct. I, 75 cents, and Dec. 3ly
$1.50.—V. 155, p. 2451.
^
,

-

the

for

•

Miscellaneous

/

y;:fy yyy

-

:

v

expenses:

amounts

Dividends

tAfter deducting $53,690 over

1940.

,:

both payable Oct. 1 to holders of record Sept. 18.'
paid on April 1 and July 1, last. :;
paid as follows on the common stock during the year!

preferred stock,

1941:

$394,785
132,686
$1.49

$1.26

the

Like

75,500

$333,512
172,492

"Notes, accounts, trade acceptances receivable^

paid in each of the ten preceding quarters.—V. 156,

-'-.xyy-y v:.y y- y

r;:,

taxes

in

included

and $109,806 in

Balance

,

307,

p.
V

depreciation

'

Assets—

Air Reduction Co., Inc.—Extra Dividend—

amounts were

$2.21

subject to change before

The directors on 8ept. 23 declared an extra dividend of 25 cents per
share in addition to the usual quarterly dividend of 25 cents per share
on the common stock, both payable Oct. 15 to holders of record Oct. 3.

tike

for

1941

375,000

$670,333
259,741
$2.62

251,273

provisions of the Revenue Act

Merchant
,

115,034

—

Note—Federal

a dividend of
three cents per share on
payable Oct. 15 to holders of record
with four cents per share paid on Jan- 15,

cents

$585,319

242,744
110,000

share____

$1.25,

five

$686,256

193,812
%

Mam^facturing Co.-^-50-Cent Common Divj.

The directors have declared a dividend of 50 cents per share on the
stock and the usual quarterly dividend of $1.25 per share on

common

$1,239,144

+321,310

provision for prior year.

and

American
i

66,877

128,139

$536,015

paid
per

$132,134 in

April 15 and July 15, last,
Quarters.—V. 156, p. 597.

-

804,590

"

■

.

$985,464

profit

Earnings

declared
par

compares

845,716

rj>.,862,yyyyyy::^
y jyI

6,595,742

,

deducts., net
taxesy\_...yLv.-%■

Dividends

deposited

Affiliated Fund, Inc.—Smaller Dividend—
the

$8,052,527

897,117

*

inc.

Income

;f~v. 156, p. 659^-.;^;:-.;v':;K

■

$8,794,050
7,262,078

990,543
_

profit from opers.

y:~yy'yy:y.

and

be

1939

•

Net

Other

has been opened

Department,

The
1940

$9,453,964
7,317,702

$10,601,454
8,625,447

—.

expenses

at the main office of Bank of America,
Spring Streets, Los Angeles* Calif., in
and through which the shares of
Bank of America National Trust & Savings Association will be dis¬
tributed to the stockholders of Aerco Corp.
who accept the offer.
Trust

which

goods sold

Depreciation-

1,

1942, unci
Way, at the option of Transamerica Corp. be extended for an addi¬
tional 30 days.
The offer is not binding upon Transamerica Corp.
unless a minimum of 171,100 shares of stock of Aerco Corp. is deposited
a

of

have

$621,000, will

1941

Gen., admin, and sening

appropriate cash adjustment in lieu of fractional shares.

is good

sales

Cost

Aerco

1943„f

called for redemption as of Oct, 26 at par and interest. Payment
be made at the Marine Midland Trust Co. of New York, trustee,

Report-

1942

1,

been

and June 30,

1207.

convertible

120

Allied Kid Co.—Annual

Called!

1950,

due Jan.

debentures

and

all«other

alikey-The* abovenamed stockholders are

terms of this offer to the other shareholders

to transmit the

stocky

assets,-4J

net

•

,

Stockholders of Aerco Corp.

Authorized

23.0(

preferred

in

4.7%

in cash

9.3'%

1

ai.4%?

55.7%

in

American Machine & Metals, Inc.—Debentures

share on

holders

to

March 30

on

1941.—V.

y

■

t^!U'Bond-s:
2.3%':

Dividend—
of 5 cents per

dividend

quarterly dividend of

par

Like

extra

an

equipment

remainder

12.2%V.

Allemania
The

rail

Total

provisions

j C. A. Herberts, William J. Merrigan, E, T. Melone and L. A. Cole,

Stockholders of the corporation (also respectively the president and
members of the;board of directors), as such stockholders, have received

v,'n^ 'v.

43.9%

—

.Utilities-,•

951.

p.

Common

■

(Stocks-

Industrials

that

extent

^

y

times

at

but in every case at a

Offer To

Co., trustee, 140
hand $331,226.59

on

marketable

assets

as

of

securities,

31,

amounted

Arrow-Kart & liegeman
A

1942.

to

Electric Co.—50-Cent Div.—4

dividend of 50 cents per share has been

declared on the common;

stock, par $10, payable Oct. 1 to holders of record Sept.
amount was paid on April 1 and July 1, last.
Payments
were as follows;
April 1, July 1 and Oct. 1, 50 cents each,

19.

A like

during 1941
and Dec. 18,

1145

Arundel

Corp.—Earnings—

Mos. Ended Aug.

8

THE COMMERCIAL & FINANCIAL CHRONICLE

,

31—

Bangor & Aroostook RR.—Earnings—

.

1940
$612,476

1941

1942

$1,120,279

•Net profit

$880,212

Period Ended Aug.31—

1939

Ry.

oper.

$326,145
352,586

230,258

$4,467,335
3,010,706

oper.

$26,441

$949

$1,456,629

11,056

26,147

664,015

*$37,497

*$25,198

$792,614

$785,604

42,941

45,054

148,046

Net

fr.

rev.

ry.

$3,877,192
2,615,946

,

Ry.

oper. income—--'
income, net

Rent

.

Net

(& Subs.)—Earnings—

Months Ended—

sales'".—

Total net
Est.

Aug. 1, '42

ry.

Aug. 2, '41

850,000

Provision for Federal faxes—...

Int.

on

Int.

375,000

on

of

Number

approximate net profit——-—_—
$600,000
inventories-——14,600,000
transactions
—;—
12,248,000

$3.12

$2.83

sales

Average .gross

_™.—

—-—

■

.

for the fall season

A

Pays Accumulated Dividends—

1941

were

follows:

as

1,

$6.75;

$3.50;

2,

Bendix

all

2,

$3.75,

reorganization

of

the

announced Sept, 22 arrangements for the sale of
subsidiaries, the Louisiana Public Utilities Co.,

Corp.

system's

&

Electric

of

one

Inc.,

the

for

a

base price of $3,000,000,
A contract has been entered into for the
sale of the property to D, Gordon Rupe, Jr., R. A. Ritchie and G. C,
Hyde, Texas capitalists, who will operate the company.
<
Louisiana
Public Utilities,
a
100%
owned subsidiary of the Asso¬
ciated Electric Co.
(With no securities in hands of publics which in
turn
is controlled by the Associated Gas & Electric Corp., supplies
electricity to about 12,000 customers, natural gas to 4,50O and water
to
1,250 and ice in a number of communities all in the State of
Louisiana.
Gross revenues of the company for the 12 months to July

31. were $1,534,000, of, .which $806,000 was from the sale of electricity.
income for

Net

the

period was $340,329.
This marks the second major sale in the Associated Electric Com¬
same

pany in recent months.
In June, a major part of the properties of the
Kentucky-Tennessee Light and Power Co. were sold to the Tennessee
Valley Authority and neighboring municipalities.
Plans for the sale
of the remaining Kentucky-Tennessee properties have been developed
and are expected to be announced shortly.
y,,
yy y^yyly
Plans for the use of the proceeds of the sale have not been com¬
pleted, it was announced, but Associated Electric contemplates filing
shortly with the Securities and Exchange Commission an application
for permission to acquire its own debentures from other system com¬

and

Corp.

ft

;

units, or
V.

production of 114,410,111

above

11.3%

156, p.

This is an increase of

units (kwh.t.

1013.

•

units a

12,917,932

year

value common stock.—V.

par

156, p.

Atlantic

Notes Called—
the

outstanding

$11,317,000

of

10-year

;■

collateral

trust

5%

notes, due May l, 1945, have been called for redemption as of Dec. 15,
1942, at 102 and interest.
pany,

71 Broadway,

Payment will be made at the railroad com¬
V. City.—V. 156, p. 862. ;/;YY;

N.

1942

Gross

profit from sales
Sell. & general expenses
Other

income

$464,092
407,694

$564,082
y 502,230

533,504

4,000
10,891

———

Provision for Fed. taxes

20,000

4,600

4,000
y

13,540
15,000

i_

14,117

Notes

Profit for

the

*Loss.—V.

4 mos.

155, p.

$21,507

$29,312

/

$453,994
519,714
Crl,126
4,639
% / 12,211
.

as Vice-President and Western group head.
coordinating the widely diversified engineering activities through¬

all

Bendix

divisions,

Mr.

Marcus

will

be

Chairman

of

*$81,443

*$33,576

L.

by

Radio

formerly

Hyland;

A.

Division,

Further

Washington

special

of

representative

of

Republic Steel Corp., Vultee Aircraft,

Inc., and Consolidated Aircraft Corp., has retired from the board of
"directors of Aviation Corp.; according to an announcement by Victor
Emanuel, President.
Vultee Aircraft and Consolidated Aircraft afe
affiliates of Aviation Corp.
.
1
,

Mr.

efforts

be

Girdler, it wavs stated, will devote his time chiefly to his
in

the

available to
It

steel

and

war

airplane companies which he heads, but will
for consultation.
-

Aviation Corp.

also was announced that Colonel Arthur W.

of

Herrington, Chairman

Marmon<-Herrington Co. of Indianapolis, has been elected
of Aviation Corp.—V, 156, p. 748.

Baldwin

Locomotive

a

director

Works—August Orders—

Dollar value of orders taken in August by

Baldwin Locomotive Works
$37,650,547, compared with $21,380,520 in July and with $6,232,417 in August, 1941, according to
Charles E. Brinley, President.
This brought the total for the first
eight months of this year to $301,881,233 as compared with $64,470,830
in the same period 4n 1941,
Sales billed by the corporation and its. wholly-owned, subsidiaries in
August amounted to. $13,981,264, including billings of cost under costplus-a-fixed fee contracts as compared with $13,262,418'in July and
with $5,712,901 in August,
1941.
Sales billed for the eight-month
'period of 1942 aggregated $101,521,513, against $30,038,298 for the
'corresponding same period of 1941,
Unfilled, orders of Baldwin Locomotive Works and wbdlly-owned
subsidiaries totaled $363,259,890 on Aug. 31, 1942, as, compared with
$161,942,347 on Jan. 1, 1942, and with $144,180,810 on Aug. 31, 1941,^—
V.

wholly-owned

subsidiaries

156, p. 954.




was

,

.

$8,437,832

i*

—

,i«y

$600,000

"

6%

it, has

that

2nd

which

corporation,

rently

converting

Carpet
with

other
to

delphia

stock

(par

3,000,000

150,000

——i.-A'i-'*--

—

150,000

3,752,775

$100i——

(105,537 shares no pan

-V.

_

3,752,775

700,012

329,060

$8,437,832

156, p. 1014.

Brboklya IJnion Gas Co.—25-Cent Dividend—
The

directors have declared

stock,

common

similar

A

no par

156,

396.

p.

was

share on the

made on May 1, last, and on Sept. 3, 1940.

'

•

Bulova Watch Co.

carpet manufacturers is cur¬
materials, has just been
Phila¬

war

dividend of 25 cents per

a

value, payable Nov. 2 to holders of record Oct. 5.

distribution

contract

to

produce

(& Subs.)—Earnings—

:

;

received

also

order

an

for

wool

corpo¬

Army overcoating.—V.

1942

loss

Net

1,071,049

1942

; v:

Other

$496,828

14,833

profit

14,557

—

of

rates

$24,440

Dividends

V

banks

and

on

hand,

deposits,

$2,050:

Up 9.1%—

to

dividends

a new

50,000 shares of

&

Co.; A. G. Becker & Co., Inc.; Union Se¬

Co.,

or

certain

credits.

Transfer agent:

Guaranty Trust Co. of New York.

Registrar: Bank of the Manhattan Co.

>

Listing.—Corporation has applied for listing this issue
York Stock Exchange.
Funded Debt and Capitalization, Sept. 23,

the New

on

1042

(Before giving effect to present financing)
Authorized

Outstanding

$6,000,000
$6,000,000
125,813 shs.
V ;
$2.75 series
/.>;■;'
..
;'*73,213 shs.
$2.50 series50,000 shs.

3%' promissory notes, payable serially —
Cumulative conv. preferred stock (no par)

the common
This compares
paid on March 20 and June 20, last.
Distributions of
50 cents each were made each month during 1941, and in addition an
extra of $3.50 was paid on Dec. 23, last year.—V. 151, p. 3882;'";:;;.:;;;,';%

Aeronautical

of

preferred stock ($2.50 series) is redeemable at $53.25 per share
before Sept. 1, 1946, and at $52.25 per share thereafter, plus
dividends.
Convertible at $21
per share of common stock,
taking shares of this series at $50 per share. Sinking fund of 2%
annually of consolidated net earnings, is provided for, after interest
on
funded debt aftd dividends on cumulative preferred stock, subject

on

Common

each

Brewster

156, p. 396.

Mills Corp.—Preferred Stock Offered—A

accrued

system output of the Boston Edison Co. as reported to the Edi¬
19, 1942, was 30,599,000
kwh., as compared with 28,047,000 kwh. for the week ended Sept. 20,
1941, an increase of 9.1%.
I '■
For the preceding week ended Sept. 12, output was 28,261,000 kwh.,
a gain of 1.5%.—V. 156, p. 1014.
j
1

of $2 per share was recently declared
payable Sept. '25 to Holders of record Sept. 15.

additional taxes calculated in conformity with

The

on

Electric Institute, for the week ended Sept.

dividend

324,881
$0.81

$1.52

Inc., and Merrill Lynch, Pierce, Fenner & Beane.

1564.

p.

324,881
$1.70

share-

curities Corp.; Hallgarten & Co.; R. S. Dickson &

payable to bank, $140,000; notes payable (other),
$6,038; debenture notes payable, $50; accounts and acceptances pay¬
able, $131,759;
dividends payable, $2,518; employees' savings fund,
$24,039; accrued liabilities, $48,417; 4Vz% cumulative preferred stock
(less 100 shares held in treasury), $223,800; common stock, $300,000;
151,

324,881
$2.53

stock

common

Wertheim

Liabilities—Notes

$1

—324,881

130,648

...

$381,529; inventories, $455,739; advances on com¬
investments, $17,863; fixed assets, 858,116; prepaid
expenses and deferred Charges, $62,096; total, $1,003,519.
$15,000;

total, $1,003,519.—V.

$263,911

cumulative convertible pre¬
ferred stock, $2.50 series (no par).
v
Associated with Lehman Brothers in the offering are

receivable,

surplus, $126,897;

$552,085

proposed by Congress.—V.

issue
bid

$826,353

104,589

147,738
246,07S"

banking group headed by Lehman Brothers on Sept. 24

1942

$11,126;

V $495,032

Y;

offered at $51.25 a share and accrued

$49,512

;

*850,281

Burlington

25,072

±

—

Balance Sheet, June 30,

earned

15,800
Vf :

$499,148

$945,898

89,837

•Includes $236,814 for

$9,883

—

in

•$483,348

837,523

——

outstanding

loss

Assets—Cash

•

'

$1,768,153
91,518

charges
and taxes—

Net

Shs,

cash discounts, etc.

mitments,

15.205

$1,422,392

Deprec.

500,037

Earnings per

accounts

$930,693

13,275

%

income

Gross

operations

(loss)

$1,754,878

11,816

-

Other income

Other income
Balance

1,168,186

$1,147,688
664,340

-,'n'VT-v

sales

from

1939

$1,750,945
820,252

Co.-

Year End. June 30—

profit on

3940

$2,923,065

profit

Expenses

156,

j

Bobbs-Merrill

1941

$2,481,625

3 Mos. End. June 30—
Gross

689.

A

68,646

o

3,000,000

$9,506,804

stock

preferred

Contract—

700,000 army blankets for the
Quartermaster's Department of the U. S. Army.
This
a

has

ration

son

31,646

(par $100>_—.

1,18^

.

$1,410,576

awarded

p.

400

purchased

Co., Inc.—Army

production

more

26^084
363,889

214,524

:

contingencies.,;.-./..-y——'

SUrplUS

—V.

Bigelow-Sanford
This

1

—v

.

all of the out¬
Consumers Credit Co. which operates 24 branch
offices in the States of California, Washington, Oregon, Arizona and
Utah, with an approximate investment in small loans of $2,700,000.
The purchase was made for cash.—V. 156, p. 1014.
,yy-',y%%%'y%:
announces

term)—

preferred stock

Common

director

Beneficial Industrial Loan Corp.—New Subsidiary—
corporation
standing stock of

__:.

24,782'

for

1st

Total

The

Jy_

(long

loan

7%

Bendix

appointed

—

:

..—-i

taxes

Reserve

the

Baltimore.

broadening

was

,

stock

(par $1)

-

+1,200,000 shs.

——

1659,969 shs.

tThe shares of common stock
outstanding do not include 3,665 shares in treasury. Of the authorized
but unissued common stock 9,020 shares are reserved for issue and
sale to certain officers and employees at a price of not less than $18
per share and 299,556 shares are reserved for issue upon the con¬
version of
the outstanding cumulative Convertible
preferred Stock,
$2.75
series, and the cumulative convertible preferred stock, $2.50
series now offered), such number of shares being the approximate num¬
ber issuable upon conversion <at the initial conversion rates) of all
the cumulative convertible preferred stock in treasury or to be out¬
standing upon' the sale of the shares now offered.

?/

Corp.—Suit Stayed—

"Exclusive of 2,600 shares in treasury.

,

Supreme Court Justice Benedict D. Dineen on Sept. 23 granted a
stay until Nov. 2 of all proceedings in a $10,000,000 stockholders'
accounting suit brought against former officers and directors of the
corporation.
The stay was sought by the present management on the
ground
and

to

that it required additional time to study the issues involved
determine what course to take in the best interests of the

and the stockholders.
present management took control last spring after the company
taken over by the Federal Government.
The stockholders'
action was started earlier in the year, charging conspiracy by the
Miranda interests, which controlled the company before Federal inter¬
vention, to make "large personal profits" at the expense of the com¬

company

Sales

The

had

and

143,086

$9,506,804

Security deposits, employees and lessees

horizons in the engineering field, A. A.
of research and heads up a new re¬
search laboratory in Detroit.—V. 156, p. 954.
J
'
Kucher

tax

Income

general engineering committee, and also will direct operations
of the new devices and patent group.
In this work he will be assisted

stock,

(Del.)—Director Retires—

Girdler, Chairman

3,2$9,<>SZ

93,158

-

Capital

created

with

Tom M.

3,393,629

met).

——

payable

Other

newly-

a

•

2452,

Aviation Corp.

plant and equipment
charges —1

Accounts payable

(C.) Brewer & Co., Ltd.—$2 Dividend—
.

875,500
1,003,643

Liabilities—

Aviation

Machine Division at Elmira,
formerly factory manager, was

'

.

41,844

38,811

.825,677

Realty Corp.-,.—.

Investments
Deferred

76.207

v

2,326,380

3,241,490

—

1,002,174

Due from Bohack

Property,

:

129,352
X—'

—

26,305

W- Tinkham,

T.

Boston Edison Co.—Output
1939

$518,645

155,734

Sundry deposits and claims' receivable.

Net

1940

(netj^-yyy-'':y^__:yy:'::yyy_^-:_-;'y-

Depreciation ;
Interest

1941

receivable-

Inventories

1941

$555,785

170,107

reserve-—

134,347

Austin, Nichols & Co., Inc.—Earnings—
4 Mos. End. Aug. 31—

Accounts

-VY///''

y

the close of business Sept. 17, offered
Coast Line RR. 4% Louisville &
Nashville collateral bonds due 1952, at a fixed price of
73 net.
Dealer's discount, %. '
of

receivable-

585,542

Net

Lehman Bros, after

All

Accounts

28,846
108,421

Atlantic Coast Line RR.—Secondary Bond Offering—

;

1942

$612,407

Assets':—

Cash.

,

$329,060

v'.-OV,

149,721

South Bend,

Deficit

$1,000,000

i-ui

7,724

■iv.

$700,012
31

Comparative Balance Sheet Jan.

Total

of Bendix

2/400,

—

745,677

;:

1013.

Eclipse

of

^ f*

j— w

;

$336,783

$702,412
>*» •«*

Surplus at end of fiscal year-

.

reelected Vice-President

.

group

at

Manager

year..'—,

surplus

Surplus charges

ago.—

,

City Bank Farmers Trust Co. has been appointed registrar for

$1

Total

;

y

Vice-President of manufacturing in
'.'y,

as

L."

$373,352 tfef $71,150
329,060
407,610
__._.y;iyy323

taxes

Interest,

The

former

Departmental operating and administrative expenses.—:.
Depreciation, State, county, capital stock and foreign taxes

Atlantic Coast Fisheries Co.—Registrar—
the

108,421

Payroll

The trustees of Associated Gas & Electric Corp. report for the week
ended Sept. 18 net electric output of the Associated Gas & Electric
group was 127;328,043

Marcus,

55,782

27,308

:

.1 ^.v

this corporation

of

Y%lv\y^y;

President.
of Charles

-

was

—

tax-——.-

^Surprusjcredits-'i-'-.,;—

General

Division

General

Income

loan Y

as

Electric Co.—Weekly Output—

&

Lansing,

'

Other deductions

■

Capital

Gross

Associated Gas

executive staff

22,922

18,503

$509,081 loss $15,368

—

appointed General Manager of the products division, succeeding Mr.

Y.

N.

further augmented by
this sale.
Certain of the funds also
may
be used lo expand the
properties of the Pennsylvania Electric Co.—V. 156, p, 248.
. •'=;

panies out of its substantial cash resources,

the

R. Breech,

executive,

Eastern group.
William L. McGrath

In

Gas

income.

Net. profit
Surplus at beginning of fiscal

appointment

the

out

Associated

6,661

Total

■

;

realignment of

P,

196,585

$490,578 loss $38,291

Operating

$440,582

•

Manager of Eclipse Aviation
and
Bendix, N. J„ was appointed VicePresident and group executive in charge of Eastern divisions.
G. R.
Schenck, former Acting Manager of marine division, was named as
staff .assistant to Mr. Lansing in charge of industrial relations for

ever,

Associated Electric Co.—To Sell Unit—
in

6,391
$471,402

156, p. 954.

Instrument

362,035

profit
\Other income,'

group executive of the Western group.
Marvin A. Heidt was named
as
his staff assistant in charge of industrial relations and also as
Chairman of the Industrial Relations Committee for the corporation, ■

'

The. trustees

824

*$40,548

plants.

Raymond

' 25.074,502

207,948

Ferguson, who will continue to maintain his office In South Bend, how¬

Sept.

and Dec. 1, $5.75, all on account of accruals.—V. 156, p. 599.

:

789

included

28,669,218

v;

3,521

Malcolm P. Ferguson, former General Manager of Bendix Products
Division, South. Bend, Ind., succeeds Mr. Thomas as Vice-President and

v/y/

June

i

,

*$52,396

former Western group

21

March

»:

,

executive over Eastern divisions, as Vice-President in charge of engi¬
neering throughout the corporation, and appointment of D. O. Thomas,

declared a dividend of $7 per share on
the 7% cumulative second preferred stock, par $100, which will clear
up all accumulations on this issue, payable Nov. 25 to holders of record
Nov. 6.
This compares with $2.75 per share paid on Sept. 1, last;
$1.75 on June 1, 1942, and $5.25 on March 2, 1942.
Payments in
Sept.

22

debt

functional

Pioneer

on

474,249

565

$941,402
•490,638

yyyy y.

income y—

Promotions

The provision of $850,000 is the best estimate of the
proportionate amount to be charged.
In view of the excess profit tax limitation and a probable corporate
income tax of 45%, earnings for the year would appear to be limited
to 55%
of about $3,750,000, plus 10%
of any earnings above that
amount.
This would appear to forecast earnings after taxes in the
neighborhood of $2,100,000,
By the same token, these earnings are
secured by the margin of earnings jabove the excess profit tax. limita¬
tion.
Should the fall season this year equal la'st year, which is not
anticipated/ this margin wiU.be about $1,750,000, 90% of which will be
paid in excess profits taxes.

directors

61,232

yy.Y 6

y

on

announced by Ernest

was

second half year.

The

$952,064

Bendix Aviation Corp.—Reorganizes Executive Staff—

the first and

(53 weeks)

332,250

,i
r>

r

—

,

(before Federal income taxes) beyond which
paid, is about $3,750,000. Until the earnings
and the tax bill are known, it will be impossible to

make a correct division of the excess profit taxes between

$22,073

58,943

debt-

discount

1941

1942

$29,699,994 $25,594,832

yY'/y;/;'.;

debt--

unfunded

of

•Deficit.—'V.

taxes are

profit

31—

Jan.

Cost of sales and operating expenseDepreciation
————
Federal, state and municipal taxes--—

Federal
Net

Note—Annual earnings
excess:

15,268

for

Reduced^

dividend of 30 cents per
payable Oct. 15' to holders of
40 cents per share previously

quarterly

(52 weeksi

$525,000
8,600,000

—

a

par

(H. C.) Bohack Co., Inc.—Earnings—

"$926,134.

11,404

funded

Amort,

12,502,000

$94Q,660

,,

charges.,—$7,342

funded

Estimated

Merchandise

$19,856

'.;y; 2,2i7

Income-,.

available

fixed

-.1^,—*„■- $33,119,000 $29,905,000
1,450,000
900,000

$5,444

;,net,-_-yyyy1,898

oper.

income,

Income

profit before Fed. inc. taxes-

approx. oper,

stock,

Net ..sales
Other

6

declared

have

common

Years Ended

.

Associated Dry Goods Corp.

on

$20,
record Sept. 30.
This compares with
paid each quarter.—V. 152, p. 3962.

.

respectively, on Aug, 31, 1941. .
The„eompany reports that the volume of contract work on hand is
$19,499,715 and the outlook continues satisfactory.—V. 156, p. 953.

the

140,530

August profit

$1,412,629,

Hydraulic Co.1—Dividend Rate

directors

share

$1,261,248
475,642

Ry. oper, expenses

before Federal and State income taxes was $235,764
in 1942, against $156,095 in August, 1941.
Current assets as of Aug. 31, 1942, amounted to $5,085,148 and
current
liabilities
were
$2,572,090, comparing with $3,674,673 and

The

1942—8 Mos—1941

$291,207

Monday, September 28, 1942

:

Bridgeport

1942—Month—1941

revenues-——

Ry. tax accruals.---,--

$914,421

depreciation, etc., but before Federal and State income taxes.

•After

»

■

v'Y

-

Manufacturing Co., Inc.—Earnings—

6 Months Ended June 30—
*Net

profit

•After

1941:

1942

$213,541

$205,131

—

——$1.29

Earnings per common share

depreciation, Federal and State income taxes,

,

$1,34

etc.

half of 1942 amounted to $210,967.
excess

profits taxes,

Current assets

as

No provision was made for Federal

the report states.
of June 30,

1942, amounted to $1,000,635 and cur¬

rent liabilities were $505,623, comparing with $958,194
respectively, on June 30, 1941.—V. 156, p. 954.

and

$333,158,

Year Ended

,

to

to

to

,

Dec. 31,'39 Sept. 28/40 Sept. 27/41 June 27,'42
$39,270,505 $36,805,112 $63,165,310 $61,064,148
"Consolidated net profit,
2,008,311
1,951,942
3,437,654
2,718,156
Provision for conting.-300,000,
800,000

Consolid.

net

net

sales.

profit..' $2,008,311

$1,951,942

$3,137,654

$1,918,156

"Before provision for contingencies.
was organized in Delaware Feb. 15, 1937.
the original corporation, was Incorporated in
Inc., succeeded to the business Of
Burlington Mills,Inc., and five other corporations and of Burlington
Mills Co. (a co-partnership),, which had been engaged in the same
general business since various dates subsequent to 1923. Rayon Fabrics
Corp. and Duchess Febrics Corp. commenced business in 1931.
Pur¬
suant
to
agreements and plans of reorganization, the corporation

Business—The

Burlington

Provision for estimated Federal and State income taxes for the first

Stated Periods

yv;.:'/
.period
%'■; Jan. 1, '40 Sept.29,'40 Sept.28, '41

YY;,:%-v;

Consolidated

pany.—V. 156, p. 1014.

Brillo

and Earnings for

Jr''■in"1

been

1923.

In

Mills,

corporation

Inc.,

1934 Burlington Mills Co.,

.

Volume 156

acquired

of

as

THE COMMERCIAL & FINANCIAL CHRONICLE

Number 4111

31,

Dec:

all

1936,

assets,

the

and good

property

Dividend

will,

V.

subject to liabilities, of Burlington Mills Co., Inc., Rayon Fabrics Corp.
and Duchess Fabrics Corp., all North Carolina corporations

diVectly and. through. subsidiarles, were,
fabrics from rayon yarns and rayon,
mixtures, and to some extent from cotton yarns;..throwing and dyeing
rayon yarns, and to some extent, cotton yarns;. dyeing and finishing
cloth; and selling the manufactured goods. Since its organization the
corporation has conducted directly and through its subsidiaries business
of
the
same
general character.
The principal woven products' are
vThe

manufaturing

in

woven

Period Ended

women's
in

City

state

to

New York City.
trade

fabrics

dress

wear

York

New

include

and
the

which

Other

in

sold

are

resold

subsequently

the

woven

last

(see

Celotex Corp.
9 Months Ended
Net

Ry.—Earnings"•

V

$

v

$

34,419,000

20,637,196

193,179,858
183,038,324 150,983,604

Other

revenue

Week Ended Sept,

-

Gross

156,

42,196,254

1942
Z_-—ZzZ_^-____-_-

1015.

p.

53,928,676

21—

revenues

—V;

5,171,732

8,177,659

——

products

other

of

corporation

the

styles and grades of ladies'

and

nylon

were

and

subsidiaries are
which until

its

thrown

silk

have

present

and

nylon

total

a

Net

plant

and

capacity

in

volume

dollar

tric

of. from

Corporation also operates a yarn,
finishing plant, both located in North

hosiery

the

•

Due

Carolina,

to

has

corporation

voting stock

outstanding

with

10

each paid

cents

Jan.

on

April

1,

and July

1

°No

other

of

acquired

recently

other

two

in 'the

engaged

its

the

principal

subsidiaries, will consist

fashioned

silk

men's

Dec.

hosiery

of

products

various

hosiery manufactured

nylon

or

corporation

the

of

styles and grades of ladies'

funds,

based

maintain

used

inventories,

to

accounts

the

on

corporation

needed

increased

the

during

cash

receivable

other

and

and

full

Lehman Brothers

Inc.—

;

Consolidated- Balance

Merchandise

inventories

Accounts

receivabte, sundry_•

Notes and

lives

Zv

Z

in

Total

his

to

the

1926

his

or

Interest"

'

its

——_Z__

the.r

with

are

and

the

the

on

July

1913,

1,

aggregate

an

of

195

In .1928,

approxi¬

he

its

York

New

u

He

president.
was

con¬

never

Hudson

Power

constituent

or

agreements,

or

Corp.,

Niagara

to

whom

it

has

purchased

New

by

proposal

a

York

the

indicates
its

mortgage

the

it

purchased

basis

from

under

oral

all

of

one

of

1937.

since

the

pre¬

York

New

sixe

at
has

applicant

in

of

has

management

that

property

small

The

a

through unsecured

order

the

exercise

of

the

veto

interim report

An

"July of. 1942
tion

with

voted

never

found

$5,312,000,. and
v

for 1842

as

ZZ—

—

."Backlog

-

Capital

surplus
r

■■■-:;

—v°156~ p~

Z

Z.

stock; $2.75 series.

—j._

with

funds

enables

9,255

of

tioned

unfilled

~

these

obtain

to

banks,

to

minimizing

thereby

and

(other

269,485

retirement reserve._____z___

for

Appropriation
Amortization

repairslimited-term

of

than

ZZ

for

Federal

income

Provision

for

Federal

excess

nine

'

.

734,381

taxes.—

of

of

July

change

a

in

fiscal

year

have

over

the

$23,-

booked

totaled

102,081

$2,384,041
for

lease

of

electric

plant-

-

cash

be

aside

set

for

debenture

retirement

after

Gross

•

stock
,

and

in

1938,

of

$60,000

Higher

undue burden

an

receive $10

to

in

$1,000 debenture.

per

shares

9,315

.submitted

contains

gress,

with

to

$2,023,777

on

funded

Amortization

discount

and

of

$2,026,519

842,500

per

tax

U > 203,223

expense,

3,724
z.

the corpora¬

upon

of

cash and

All

stock

will

told,
be

costs

of

than

more

to

$18,630

debenture

and

to

approved

stockholders

by

at

pro-

the

last

the

provisions

United

States

for

the

renegotiation

Government.

These

of

contracts

provisions

made

authorize

the

Department, the Navy Department, and the Maritime Commission
renegotiate contracts looking toward retention by the United States,
repayment to the United States, of any portion of a contract price

abandoned

Miscellaneous

deductions

■%•; 40,520

Z

•

.

Z

.■

for

company

in

made

1942

bill

tax

is

months-'

with

enacted

of

the

in

net

31,

income

and

period

the

form

the

excess

in

July 31',
of

which

provisions

the

Seven

months'

The

share,
and

directors
on

$1.50

quarter

1941.
it.

12

of

the
on

on

7%

the

1942,

Sept.

18

was

months'

If

by

have

1942,

the /

preferred
6%

all

stock,

preferred

payable

$1.50

stock,

Oct.




quarterly

15

on

series

to

.

of

such

Carrier's
,

review

current

cannot,

at

earnings

%

this

time,

law,

passed

seven

Central

Production

dividends

the-6'/

Profit

July
.

"

..■

of

$1.75

per

passed

corporation
program

of

will

by
be

Z:Z-z' Z'/

u,

the

House

forced

Improvements

to

to

'Zz:

of

Representatives
adjust downward its

manufacturing

835,375

246,335

158,614

944,274

373,502

$278,966

$293,881

$3,308,498

$3,91$,290

2,969

2,104

64,851

35,770

$281,935

$295,985

$3,373,349

$4,025,060

113,038

110,260

1,346,918

3,872

Cr5,527

Cr2,470

income
.

(net)

of, P.

-

____________

______

16,012

163,210

179,833

$173,240

$1,865,691

$2,121,137

112,265

1.347,181

requirements,

and

for

provision

the year

to

normal

112,265

estimated

The

facilities,

(2i

surtaxes.

Federal

has been

1942

deductions

or

Federal

income

and

have

taxes

for

expense

been

adjustment

407.352

12,407

The

of

estimates

for

id

,

periods

in

to

include

the

September,

1941,

of

of

1941

defense

which

will
.

amortization

covered

of

this

by

or

arise

.

proportionate

which

rate

without

are

.

,

acceleration

and

the

adjusted

made

expenses

40%

a

the

for

tax

at

1942

financing
>,

1,343,015

income

computed

•,

through the proposed merger.

ment

Crl3,714

______

$152,618

applicable

discount

1,330,452

,

adjustments for possible deductions for the amortization
war

51,939

/

*'

deductions

the

780,032

58,221

-

debt

state¬
of

the

retroactive

was

part

to

the

beginning of that year.—V. 156, p. 955.

,

'■;« Central
The

States Electric Co.—Accumulated Dividends—
have

directors

all

accumulations,
43%

cents

declared

payable

7%

on

,

the

Sept.

preferred

following
30

dividends

holders

to

stock,

A

par

of

$100;

of

account

on

record

10.937

Sept.

cents

15:

7%>

on

preferred A stock, par $25; 37Vz cents on 6% preferred B stock, par
$100, and 9% cents on 6%- preferred B and 6%
preferred C stocks,
Like amounts were paid

$25.

on March 31 and June 30 last, and
during 1941.
/'/z/Z;-/>Z;....-z
,y v
at April 2. 1942, amounted to $56.43% on the 7%%
preferred A stock, par $100; $14.32806 on the 7% preferred A stock,
par $25; $49.6'2l/2 on the 6%
preferred B stock, par $100, and $12.28Va

par

in

each

quarter

Arrearages

.

as

each on the 6%

preferred B and C stocks,

Central Vermont Public
Period End Aug.

Operating

$25.*—Vz 155,

par

Service

-: 1942—Month—1941

31—

1673,

p.

Corp.—Earnings—
1942—12 Mos.—1941

$250,3.95

$227,778

$2,824,290

$2,628,161

50,753

47,337

605,708

581,151

power
Maintenance

91,401

83,087

886,144

8,278

9,047

112,709

104,997

depreciation..

31,230

26,245

330,832

304,754

13,764

13,623

169,724

179,734

revenues

___

Operation
Purchased
for

security

Federal
Fed.

Eureka

of

from

ore

Operating
Dividends
Z*

•

;

:

19,166
55,799

12,000

6,554

143,792

137,658

$36,707
175

$35,441
501

$494,658

$35,942

$492,352

$638,741^

20,417

20,417

245,000

1,296

1,256
1,859

16,882
37,664

245,000/
14,76Sr

4,277
$10,892

income

$ft,410

$192,803

$352,165

18,928

' 18,928

227,136

227,136

•

tax_

Gross income
interest

Other

deductions

(net)—

Net income
Pfd. div.

28,76!)

45,500

36,000
„„Z__

Z_z.Z-' ^

•

Z\

z

>•

requirements—

Notes—(1) The

estimated

$634,043 '

0r2,306

t

4,698

26,813

provision for Federal income tax for the
1942 have been computed at a 40% rate

for

normal
for

ments

facilities

the

and

The

surtaxes.

possible deductions

or

of

deductions

estimates

for

the

for

1942

are

without

of

defense

amortization

financing expenses which

will

arise

adjust¬
or

war

through

proposed merger.

i2t

Federal

statement

income

taxes

for

adjusted

have been

to

the

periods

include the

in

1941

covered

proportionate

in September, 1941, which
beginning of that year.—V. 156, p. 777.

adjustment

made

was

by

part

retroactive

this

of

the

to

the

Chef ford Master Mfg. Co., Inc.—5-Cent Dividend—
The

company

the

on

common

compares

on

Sept.

stock,

paid

15

par

$4,

dividend of

a

holders

to

of

5

z

per share :
Sept. 15.
This

cents

record

wlt)u4-cents paid on June 15, last, and 12 cents each quarter
15, 1941 to and incl. March 16, 1942.—V. 155, p. 2274.

from March

Chesapeake & Ohio Ry.—-Earnings—

$

from

Net

from

Net

ry.

"Z

1942

August—

Gross

'1941

2,682,002

Income

oper.

^ 8.502,509

8,400,789
4,777,303

116,756,121
54.112,507
20,392,907

95,247,862
44,520,032
27,633,493

From Jan. 1—
from

Net

from

Net

rv.

—V.

Z>

1940

' z

1939

$11,433,220
6,058,839 %5,409,379
4,319,784
4,081,327

railway.— $16,669,536 $15,242,999 $12,373,710

railway—z—

Z

railway.—

railway——

Income
156, p. 337.
oper.

89,472.371

39,753.454
27,878,771

70,501,428
26,545,143

18,299,759

Chicago Attica & Southern

RR.—Would Scrap Road—

18 asked the U. S. District Court at South Bend,

metal properties,

of

and to dispose of almost 16.000

The company has been in receivership sine?

will hear the case in October.—V. 135,
:.:-(^":z:%;>z
z/z'
:
//'

Judge Thomas W. Slick

p.' 3350.

"

.

$435,505

$52,200

'

Surplus

.

periods applicable to the year

1931.

97,700

__z

paid

W.M55," pZ-2180.'

16,996
63,727

4.989

'

Net operating Income
Non-operating
income-

tons

production of ore_____________..______________

gain-

1,699

4,745

than

Ind., for permission to cease operating

Mining; Co.—Earnings—

(tonsl_

1,273

$36,882

other

tax

income

Federal

taxes,

State___

and

taxes

610,859

facili¬

stock;

of
1927, for the third
holdersZoft record "Sept. 30.

66,168

63,041

Income

Gross

Operating profit after operating expenses
Depreciation and taxes____

z".;:"V:'-'Z

preferred

with

Earnings for the Seven Months Ended July 31, 1942

months

ended

760,159

17,739

Company on Sept.

recently
the com¬

the

this

planned

determined.

calculated

ties..
The same situation will probably prevail with respect to research
and development looking toward the post-war period."—V. 156, p. 863,

pending

by

bill., recently

tax

be

be

cannot

^

been

the

periods

■//
declared

the

becomes

$897,010

taxes

reouired

profits taxes for
and

Regular Dividends—
.

profits

would be reduced by $179,700 in each period.-

1942,

"If

1942, would be increased by approximately $179,700 and

for

result

carefully

excess

Act

the

Accordingly,
'

„

ended

Revenue

Representatives,

pany for Federal income and
ended July 31,

income

ously

assurance.

18,812 .-.zz.fi 22,393
V

'

Federal

the seven

accordance

the House

by

for

%

59,290

$1,018,143
Note—Provision

..

•Z Z--Taxes
k

E.

div.

for

V

Contract Renegotiation

which may be found as a result of such renegotiation to represent
excessive. profits.,. However,
'excessive profits' are not defined.
All
.this means that various Carrier contracts may be reviewed, and obvi-

Z

Cr2,837

projects

927,451

90,235

amort.-

Notes—tit

five shares of Carrier

not

distributed

or

4,941

Cr2,590

513,943

61,810

tax____

income

&

period

annum

rates made

Z

842,500

'•

z

preliminary

2,742

180,159

Z

■:

—

v

$2,101,269

charged to construction

Amortization
'

i

debt.—__.l_•_

of debt

interest

Interest

'■

Z)r43,475 :

____

-—J,

income

Interest

Other

——

498,191

5,206
14,774

interest

Pfd.

taxes

t;.i

(net)

130,571

57.483

•

4,963

Other

Originally the indenture uhder which the debentures

meeting.
Z
1

I

„

239,051

$2,144,744
income

1,697,644

165,153

:

Zz'vzz'/"!-• Z-

Bond interest

War
Other

2,315,930

24,251

70,699

taxes,

.

corresponding

10-year 4'/2% convertible debentures have sanc¬
the sinking fund provisions under which 20%
of

provisions, adopted

was

•

$2,262,828

239,297

"Z

$8,455,694

205,232

236,242

State___

operating

Bond

z'-'Public Law No. 528, Which Was passed by the Seventy-seventh Con¬
Rent

$9,299,428

$26,-

Sinking Fund

provided for a fixed sinking fund
of net earnings before income taxes.

annual

701,686
>349,662
>:/.'• 78,169

374,500

z
1942—12 Mos.—1941

•

$791,846

•

to

Orders

increase

preceding period.

figure
<

amounted

earlier.

year

a

the

54%

a

end

of

The
z

purposes.

the

at

that

months

represents

visions

.

profits taxes

of

business.

war

holders. .The program that resulted in the revisad sinking fund

'7,270,

-

Co.—Earnings—

taxes

Gross

was

holders of the

common

497.500

7,270

Z.

orders

100%

war

Uaer'montrr

;
Under the revised plan
the fixed sinking fund remains un¬
changed, but the contingent 20% will be calculated after taxes.
The
effect of the revision will be stamped on each debenture and then the

in

'

investment

for

excess

holder will be entitled

237,875

520,000

income taxesi__Z_

Provision

v,

$5,430,188
1,295,198

—

.

1941

,

and

income

Social

tion.

1942

Operatihg/revenues_zZ__.*__;_'_^Z_—Zi-zZ_——Z-. $5,661,489
Operation
:
1,269,731
Maintenance

first

plus 20%

'

Net

Z

ftarry

to

it

Canton

volume Uor

issued

were

~

California Oregon Power Co.—Earnings—
Years Ended July 31—

in

earnings will
.instead of before.

$38,735,115

1015."" ~ ~

is 95%

47%;

The

practically

was

or

net

Z./ZZZ ///

Z

this

the

"The

6,694,748
:'Z

booked.

Debenture

659,948

10,703,562
"
Z;Z' ZZ Z/Z

;

including Aug. 1;
per share were

cents

State & municipal taxes

local

power.

orders

3,690,650

'

z

—

—

Earned sufpiuS
z

stocks

common

convertible preferred

to

whole

a

1,200,000

in

20

82,684

Non-operating incomes

it

dated Sept. 18 says, in part:
the largest-month in the hist/ory of Ujo-csrhora-

was

respect

579,000.
This
months of the

etc., contingencies—

■

stockholders'

a

never

obtain

to

company

loans

presently owes $6,000 on unsecured notes,

during

____z_

Federal

Hudson

purchasing

management,

year-to-year

a

was

Central

of

record

funds

6,000,000

interest

of

Prov.

Which

392,343

; •

promissory notes

Minority

Div.—^

applicant.

United

from
on

electric energy

business.

3%

Cumulative

wz ;

,

46,241

security

-

Federal

acquired

former

contracts

no

The

voting
board of

of

subsidiary

York concerning

requirements

against

The

593,000,

Common stock (par $1)

for

;

z-..

since and

quarter

.Zz 9,843

,

Social

Scheller,

20-year contract
1928 after which energy was purchased from the same com*

3,629,385

for credit,

.'-zzZz

1942—Month—1941

State &

of

nor

Central

energy

Reserve for Federal and State income taxes (net)—j
Reserve

were

$104,842

(Including .depletion.

reserves.

dividends

$837,612

___

held

president,

as

applicant's

of

any

there

applicant

companies

stock

on

487,752
45,038

*

$0.30
there

as

(Includes

'

depreciation-,
municipal taxes

interest

applicant's

company

acquired

election

from

association

services,

thereto,

necessary

3,834,313

Taxes (other than Federal and State income taxes).

Taxes

York

the record,

with

is

necessary

•1,348,124

»

to

to

holdings

New

to

with

1917

of

Yi, and it is represented that he
way
with The United Corp., Niagara

between

electric

the

$40,000

__

Payrolls (including amounts due officers)...--—i._

*.

each

for

Other

Carrier Corp. (Del.)—Interim Report4-

_______________________

Prov.

Accel,

and

$38,735,115

Sundry liabilities

taxes

profit,

%.;•

;Z

power
Maintenance

$225,384.

Carl. P.

stock from various individuals.

his

prior

meeting.

Liabilities-

;

had

chairman

"

47,873

.

associated

revenues

1940

be

1939,

N.

any

ending in

156,087

z

to

were

share;

1

and

pany on a year-to-year basis until 1937.
The applicant represents that Central

12,834,209
1,006,983
58,249

,

assets

Notes payable, baftk^Z
Accounts payable, trade

made

quarterly

351, 76.

Purchased

D.

which

64.73'f

of

owner

treasurer

subsequent

of

accounting

decessor

62,725
*

stock

Chisholm,

A.

Corp. or Central New

Prior

15,830
30,097

Deferred charges..____________

Cther

been

which
p.

Operation

Federal

have there been any intercompany loans
or
advances between applicant and such companies.
Applicant states
that the only contractual relationship it has with any of these com¬

$4,191,911

*

total assets

its

common

the

from

dates

Central

written,

it3

Property, plant and equipment (net)—

became

Canton,

According

.

14,053 185

-

in

Power

6,277,966

L——- * i

9

nected

or

receivable.

accounts

Investment,, at.• cost-_ _i—_

He

'

remainder

or

-

par)

president,

months

>

reported

George

the

.,

policies.

,

its

various

at

panies

,

.

is

companies

3,900 shares.

•

insurance

share;

mately

■

sharep

—

1

pro¬

to

—'

—

life

*' 638,410

$1.72

have

Z Period End
Aug. 31—

Operating

Net

•

carrying J

.

3,900 shares

^

—

value

above

contingent tax
;Z
ZZz;

Central Maine Power

Other

its common

<

employees

surrender

$305,458

638,410

%

Federal-Income

of

.

has

outstanding
as fol¬

($100

W.Z McGaughey,

directors.

Sheet, June'21,'1942

hahd nnd in banks—

shares;

and

5,600 shares

Accounts receivable, customers (netI__Z—

Due from

and

$1,208,704

638,410
$1.14

declared a dividend of 17 cents per share on the
stock, payable Nov. 2 to holders of record Sept. 30.
A similar

prior

McGaughey, 728 shares; Central New York Power Corp.,
Roy E. Bassett; 3 shares; Maude Rouselle, 1 share; Mark

Phalon,

securities

Assets-

Cash

directors

to

W.

Corp.,

5,900

applicant

John

John

6,600 shares

.

Hallga'rten & Co

on

for

excess

337.

p.

distribution

Power Corp.

books for the years ended Dec. 31,

shares of

15,000 shares
9,100.shares

<___

R. S. Dickson St Co., Inc.___
!
•
Merrill Lynch, Pierce, Ffcnner & BeaneZ

Cash

made

was

taxes

paid.—V. 156,

1 share.

will- -be

and

"

z—-

A. G. Becker & Co.,
Union Securities

$837,940

of

per

shares

395

purcha^edhy each follow'; "

/Wertheinx St Co.™..
,

items,

,

Central New York

or

subsidiary

a

the

1,140

K.

business

in

assist

1941,

income

lows:

of the principal underwriters and the num¬

names

ber of shares of stock to be

•

of

12 /months,

'

to

current

vide for the corporation's future requirements.

Underwriting—The

volume

past

balances

Power Corp.,

York,

were

and

lrom rayon and combinations of rayon.-

experienced .by/the
and

156,

The

1941.—V. 149, p. 4021,

1941, was-$10,810; $13,727 and $3,529, resp/ctively.
As of
July 9, 1942, the only securities applicant

Purpose—The net proceeds to be received by the corporation, after
deducting estimated expenses, will amount to approximately $2,420,555,
and will be added to the general working funds of the
corporation,
additional

z__Z_—_

—

stock____

common

provision

common

Power

New

31;

Its net

i

which

250 084

333,996

Central Hudson Gas & Electric Corp,—17-Cent

1,

Niagara Hqdsnn Power Corp.,
owns 395 shares of applicant's common stock, or 34.64'.X
of applicant's
outstanding voting securities.' '
/ •
•
-.•Applicant was organized in 1887 in New York arid does a wholly
local business in the village of Canton, N. Y., and surrounding country¬
side, selling electric energy, at retail, to about_1<225 customers.
As of

of

all

of

&

Central

corporations,

manufacture

governmental, regulations no

meantime,

207,333

329,475
819,199

per share____i—______Z_Z

income

—V.

company,*

Niagara Hudson

is now available
hor is any expected to be available for the duration of the war. to.the
corporation and its subsidiaries for the manufacture of hosiery.
In
the

182,631

.1386,522
tl,53.9,066

statutoi-y deductions in

Co. be, and it hereby is, declared not to be a
within the meaning and for the purposes of- the
Utility Holding Company Act of 1935,> of The United Corp., or

Public

the issued
both located
hosiery.
Hosiery is sold through the Burlington Hosiery Sales Co., Inc., a sub¬
sidiary, which maintains offices in the Empire State Building, New
York, principally to department stores,, chain stores, jobbers and similar'
establishments and by1 them tn the retail trade.
.
^
addition,

in. North

Light

subsidiary

:

>

and

etc.______„_
___________

1941,

Carbi^ia, in connection with the operation of such hosiery sub/diaries.
In

$889,538

and

estimated

a

98,091

$2,564,711

$791,447

profits taxes

exc.

profit

Earnings

was manufactured

$7,500,000 to $10,000,000 per annum.

t&rowing

127,873

$2,946,160

amortization,

Shares of

Canton Electric Light & Power Co.—SEC Rules Comcombinations of silk and nylon and
rayon., The manufacture of . hosiery was begun during the last five
f. pany Is Independent—
'
••
•
v'years.. In 1939 the corporation, in anticipation of sufficient develop¬
The SEG ruled Sept. 17 that the company Is an independent company
ment of nylon
and the practical use thereof by the hosiery industry
without any connection with the Niagara Hudson Power Corp.; Central
and preparatory to its introduction to hosiery manufacture, organized
New York Power Corp. or the United Corp.
The company had asked
Six subsidiary corporations for the purpose of erigagaing in the manuthat it be declared not a subsidiary of any of these concerns and
lacture and saie of
ladies' full fashioned hosiery; these corporations
exempt from the Holding Company Act. '
Z
subsequently formed, and are now operating as, a partnership, con-:
ZZ"' The SEC in its order declaring the company not to be a subsidiary
ducting all their manufacturing enterprises and selling all their goods
company of specified holding companies ordered,
"that Canton Elec¬
as
a
unit
unaer
one
administration.
Such
hosiery subsidiaries at
from

$2,436,838

.

'

test; and brv- Jan. 2, June 30 and Oct. 1,

full fashioned hosiery,

longer available for hosiery,

no

1940

$2,864,219

income

Proy. for inc. and

decorative

compares

1941

81,941

Depreciation

$6,350,000

1942

—1__

Interest,

1941

$8,248,000

-

Subs.)—Earnings—

Income

Total

■

This

/ Among
si.k

lining

Profit

•

25,808,928 236,967,000

26,241,341

'

(&

July 31—-

$16,704,455 $13,726,457 Z $9,599,547
expenses-__-__Z____—13,840,237
11,289,619
8,808,100

1942—8 Mos.- -1941

Aug! 31— 1942—Month—1941

—

sales

Cost and

fabrics of many types, corset
cloths, spun rayon suitings for men's wear ' and underwear fabrics/
Z; V- Canadian Pacific Ry.—Earnings—
Another important part of the business is the manufacture-and sale
of
.
.
,
.'.1942
1941
bedspreads; draperies and' upholstery' fabrics 'made" from rayon' Zz ,/.W eekEnd. Sept, 14—
;ZZZ_ZZ
__Z—-,
$5,350,000
$4,398,000
yarns, cotton yarns or from rayon and cotton yarns combined. Some , //Traffic :earnings
of the draperies are sold in the finished State to the chain store, job¬
... —V.
156,' p. 1015.Z'z>'Zzz'Z/
bing and mail order trades, as well as to the converters in the greige,.
The bedspreads
are
sold in the finished state to the retail, chain
6/% Cannon Shoe Co.—Pays Larger Dividend—
store, jobbing and mail order trades.
The woven products are sold
through Burlington Mills Corp. of New York, a subsidiary which main¬ //• The. directors have declared a dividend of 20 cents per share on the
z common
stock, par $1, payable Oct. 1 to holders of record Sept. 21.
tains offices at 450 7th Ave. and 271 Church St., N. Y. City.
.y
various

fabrics,

15,

revenues—_.•

converters

greige to

July

on

Vz./V;.

.

expenses—

'.Net

these converters in-the

by

issues

Operating

trades

up

these

on

777.

p.

Operating-

which are largely centered in
products which are sold to the converting f

cutting

156,

$
.

.

finished

paid

were

24541.—V.

Canadian National

predecessor corporations,

engaged

arrearages

155, p.

1147

$16,200

St. Paul & Pacific RR.—No In¬
Adjustment Bonds—

Chicago. Milwaukee,
terest

on

The New

taken

no

received notice that company has
respect to declaring anv interest to be due and

York Stock Exchange has

action

with

payable on Oct. 1, 1942, on the
gold bonds, series A, due 2000.
Oct

1,

1942, has

no.value;

5% convertible adjustment mortgage

and that coupon No. 31, maturing
that accumulations of cumulative interest

thereon)

The

directors in accordance

Apr. 26, '42

Years Ended—

stock,

19.

Sept.

amount

and Sept,

1941

payable

as

15

Sept.

cents

to

30

share

per

holders

of

Commonwealth
Period Ended Aug.

the

on

goods sold

of

Cost

profit from misc.
net

Gross

operations,

and

Maint.

|
j-

i.

\

'i

been

183,851,329

105,291,398

5,820,725

71,516,230

65,119,456

1,842,732

Provision

See Note (1)

.———-——

/./;•!*

;

.

•

$5,444,203

$3,538,234

1,404,263

1,390,227

accounts-!.

1,605

Commission's

proceedings

late

extended the
Light Co. and

allegations

in

time

against

instituted

'Fed.

connection,

Cities

864.

156, p.

Service

the

$8,518,587

$3,986,532

$2,125,086

82.237

46,955

65,374

102,182

$8,600,824

$4,033,483

$2,190,460

$1,103,671

767,809

810,845

552,216

4,703,029

'842,983

308,063

88,017

$1,330,181
494,968
137,675

$446,648
348,674

dividend

the

omit

April

and

1

July

1,

last,

stock,

March

19,

the

1941,

stock;

paid

company

since,—V.

none

income

Gross
Income

i

income

/

charges__—

•"

'•/

Prov. for Fed. and State
income

taxes

$3,129,986

$2,379,660

dividends—

536,218

527,758

dividends——

550,500

550,650

income

Net

Preferred
Common
Earns,

(no

.per

.

————

r .'.v

■'

:

Cleveland

share were made on this
and in each quarter dur¬

.<

15,000 shares,

46,919,560

1,382,123

1,521,421

18,110,001

20,656,266

976,813

976,813

11,721,916

11,720,522

698,131

256,600

6,263,590

2,748,67.4

661,769

908,990

10,698.015

11,794,039

pfd.

on

stock

of
■/'

deductions-—-/

Net

income

.

Earns, per com.

1941

Revenue

(457)

share—

Act

$0.44

i; $0.61

/

.

$7.13

.

$7.86'

plus additional provisions aggregating $3,302,137 for
The

increases.

income

during

391.

//////'//'■ *'

and 1941,

'/'./

"

-

following charges:

$2,550,246 in 1942; $1,639,595 in 1941; §l,307,-»
162 in 1940, and $1,245,640 in 1939; depreciation, depletion and amor¬
tization, $1,935,320 in 1942; $1,606,349 in 1941; $1,371,092 in 1940, and

weeks

lour

(2)

1939;

the

Revenue

and

first

rates

surtax

Act rates

prescribed
SO'/

and

months

8

of

pending

profits

$5,902,315

$2,600,178 more than

or

the

in

excess

1942

tax)

provided

was

House
the

at

in

Bill

require

would

than

more

1941'

the pericd.

share

per

(based on

Provision

/ /

current

and

V,

i-/''/ '

1940

/
26,

April

95,244

83,000

61,790

/

$437,052

of

total,

$42,817,309.

July 20,

328,839

$60,907
$3.55

$168,858
$3.87

amounted

Cash

for

deduction

$94,511

$50,827
$3.46

income

Federal

pending

,

.Sheet,

Balance

June

receivable

2—

//v

marks

and real estate

*

-

592,555

1941
$343,767
302,013

384,858

:
—_

846,623
:./;/
1
90,469
95,417
1

six-month

period).

No

with

subsidiary

4

'•

"

certain
as

■

Operating

Operating

$2,002,651
1,798,440

revenue
expense

from

Income

profit from

Int.
,

*

other

&

^Includes

696,572

$7,914

$94,665

41,006

.1,907

'$91,259

$48,920

$96,572

20,672

12,377

7,727

6,875

19,250

'

income

$216,613

for

Prov,

Fed.

income

24,653

&

taxes

State
■Viv

/;

72,020

81J'

..63,

$156,440

Net

Earn,

$128,959

profit

Preference

divs._

stock

sh..

per

on

$0.60

com.
■

-

12,345

I

and

laneous

rents,

due

supplies,

from

at

investments,

etc.,

23,663

$32,799;

'"/"Nil

■
,

$2,565

$136,731

$144,094

1,480

«.391

11,710

$131,138
13,428

'11,389

8,317

$1,019

$116,950

$124,068

'

officers

June

:><),

1 912

and

on

hand,

fixed

$160;

agents

and

$98,478;

cost,

commission

share

per

stock

$0.01

$0.43

$0,45

land,

depreciation),

security

in

and

—V.

9,119

.

assets,

$487,408;

$19,507;

notes payable

prepaid

insurance,

organization

to banks,

expenses

total, $1,652,736.
due within

one

\

year,

banks, $50,000; accounts payable, $126,425;
traffic
balances
and
deposits payable,; $192,969;
accrued
liabilities,
$120,212; unearned revenue, $23,032; deferred credit, $69,066; reserve
$87,500;

for

payable

notes

engine

overhaul,

Sheet

of June 80, 1942

as

convertible

surplus,

debt,

$87,500;

7%

cumulative

stock ($1.0 pan, $327,730; common stock (no
surplus since May 23, 1938, $40,537; capital
total, $1,652,736.—-V. 155, p. 2455/;-•■/•/; ,,■"

preference

$465,665;

pan,

long-term

earned

$55,484;

accounts receivable, $742;

investments,

is

Chicago Yellow Cab Co., Inc. (& Subs.)—Earnings—
Profit

after

before

300.000
of

per
no

$166,770

$132,778

67,795

40,788

capital

$98,975

share
par

$358,312
145,118
$213,194

$91,990

$305,328
85,415

'

$219,913

on

for

the City

Bank

of

New

Trust

&

Co.,

immediately the full

National

Bank

of

St.

redemp¬

by presenting

Louis.—V.

Inc.—Obituary—

President

and
'

*

•>

•

Sept.

on

for

23

of

the

•

C.

/

•

announced

-:./

on
•

•

,

' *

-• •

Inc.—Output—

that

sendout

Sept,

ended

died

corporation,
.<
•

426.

p.

.

week

the

156,

/

system

20,

the

of

electric

1942,

$66; accrued capital stock, social
taxes, etc., $2,892; common stock (no
$1,122; paid-in surplus, $79,639; surplus
of trade-marks and licenses, $400,000; total, $551,528.

of

increase

an

4.7%

Local

.

distribution

amounted

to

On

increase

of 5'?

monthly-paid employees for those receiving up to

$3,600

salaries from

monthly
the

Corp.—Adjusts Salaries—

President, on Sept.

Sinclair,

156, p. 1016.

$3,600

made.

was

Both

granted

company

11

to

announced

increases

increase

an

5V2

of

cents

the

156,

an

increase of

1,

Sept.

to

hour

all

to

"
that

announced

Sinclair also

flat

a

retroactive

are

employees.

under

an

annually

$7,500

life insurance

pension

company's

plan

would

for

be

all

employees re¬

continued

for

one

692.

p.

Consolidated Water Power & Paper Co.—50-Cent Div.
The

directors

the

on

record

declared

have

stock,

common

compared

$25,

50
to

cents

per

holders of

A similar distribution was made on June 27, last, as
60 cents per share
paid previously each quarter.—

Sept. 11.
with

V.

quarterly dividend of
payable Sept. 26

a

par

512.

156,

p.

Consumers^^ Power

Co.^Earnings-

Period Ended Aug. 31—

Operating
tion

for

and

General

Fed.

1,521,263

18,810,065

561,040

550,000

6,794,976

18,532,418
5,820,000

288,385

265,521

3,358.134

3,164,132

314,084

268,537

4,176,947

3,853,010

285,143

5.884,558

3,230.780

deprecia¬

amortization

-'V

-

taxes

profits

exc.

$3,896,258 $51,880,600 $48,890,650

.1,593,426

expenses____

Provision

1942— 12 Mos.—1941

1942—Month—1941

$4,140,031

reven ues_

—

Gross

496,306

taxes-

Int.

and

deducts..

other

$1,005,795 $12,855,920 $14,290,303

$906,791

income-—

Net income

/

380,579

4,577.208

4,574,900

$623,216

387,305

bonds,

mortgage

equal

the

rate

the

at

the

of

case

of

1942.

will

April 1,
principal

due

of

2Vs'A

to

thereon

the corporation

that

5'#

per

pay

Divs.

to the holders

1970,

on

thereof,

$8,278,712

$9,715,410

the

six

Oct.

York,

New

Broad

11

3,424,816

3,424,817

M.

has

Hollister

been

Vice-President

advertising and sales promotion.—V,

in

Revenue

(45%

of

783,339

$4,070,557

$5,507,253

Note—During the 8 months ended Aug. 31; 1942, Federal income and
profits taxes have been accrued at the rates prescribed in the

1941

possible

charge

$274,549

783,339

;

excess

the

the

Revenue
—V.

plus additional provisions aggregating $1,207,003

Act

The

increases.

income

during

System, Inc.—New Vice-Pres.

appointed

65,278

$168,819

/

Balance

months'

St.,

285,389

-

65,278

"/penses,! .etc.'

Payment of such interest' will be made,
at The Chase National Bank of the

Columbia Broadcasting
Paul

285,383

stock—_

pfd.

on

Amort., of pfd. stock ex-

bonds,

coupon

N. Y. City, upon surrender of
1, 1942, coupons.—V. 155, p. 2455.
.•,'■•.■.*/./ ■/./"//; :■/ '/; >
of

City

the

Oct. 1, 1942, an
being cumulative

for

annum

of

$519,486

___—

first

Act

of

excess

1942

/ ;

/■■

■

than

for

in the pending House Bill
profits tax) would require

$1,939,373

$732,370 more

or

-v

90%

and

months

8

rates

156, p. 956.

prescribed

rates

surtax

and

was

than at the 1941
provided in the period.

more

•/;

156, p. 864.

Converse Rubber Co.—Pays Preferred Dividends—

been

reported

has

during

acquired

Commission's

authority

Corp.—Purchase of Debs.—

Electric

Columbia Gas &
Corporation
have

to

to

July and August, in accordance with
not in excess of $9,477,000 for

spend

company

the

through pur¬
chases on
the Stock Exchange, Columbia
acquired $2,292,000 of 57/
debentures, due Jan. 15, 1961; $1,866,000 of 5s, due May 1, 1952, and
$16,000 of 5'% debentures due April 15, 1952.
These amounts do not
include $3,218,000 of debentures purchased during August by brokers,
subject to delivery, which had not been delivered by Aug. 31, 1942.
—V.

156,

p.

debentures due

April

15,

691.

initial

semi-annual

dividend

of

30

of

a

to

193.7,

1,

(Peter)
A

an

dividend of $3 per share to wipe out all accruals
and including April 1, 1942, on the 60-cent
special preferred stock, no par value, both payable Oct. 15

fhare and

holders

declared

have

directors

April

cumui«tive

to

In August,

1952.

The

cents per

from

the

of three outstanding issues of debentures.
During July, the
purchased from Columbia Corp., a wholly owned subsidiary,

purchase

;

that the following debentures

the SEC,

record

Oct.

of

$1

150,

p.

4124.

Corporations—Accumulated

Cooper

dividend

1.—V.

per

share

on

account

of

Div.—

accumulations

and

the

quarterly dividend of $l,62'/2 per share have been declared
on
the
6V2% cumul. pref. stock, par $100, both payable Oct, 1 to
holders of record Sept. 19.
Like amounts were disbursed on April L

regular

and
to

Commercial Alcohols, Ltd.—5-Cent Dividend—

July

1, last.

$30.22'/a

per

Arrearages

share.—V.

as

155,

at July 2,
2455.

1942 were said to amount

p.

Courier Post Co.—Accumulated Dividend—
"

$0.33

excess

earning

for

Louis,:Mo.,

property

ending Sept. 30,

the

The

shares

stock—

Note—Frovision
nan?

taxes./

taxes—

income

Earnings

1942—6 Mos.—1941

charges but

Federal

Federal income

Net

1942—3 Mos.—1941

founder
s

salaries of

Mr.

earned surplus,

announced

5'/: income

in

St.

the date of redemption,

to

Boatmen's

Fed. income taxes..—-

tax,

income

personal

$27,800 of 5 7;

Period End. June 30—

interest

The

1941,

F.

tired

machinery and equipment (less reserves for
trade-marks and licenses, $400,000; deferred

building,

to

$6,615;

to

its

of

G ross

Colorado Fuel & Iron Co.—Interest Payment—
It

special

paid,

Louis,

National

gold

called

154, p. 427.

interest

employees, $8,252; inventory of
funds, $100,913; miscel¬

City

bonds may obtain

above

company

year.—V.

of

______

$112,909;

$67,810;

pari,

amount

$116,952; accounts
other trade receiv-

St.

of

collateral
been

Payment will be

National Bank of

the

at

or

have

1927,

Bank

The Chase

Y.,

1,

week of last year, an increase of 2.1%.—V.

$0.40

,

>

and

(less'amortization),' $9,589;.-. intangibles, $29,589;
Liabilities—Equipment

$0.45

r

■

151,700,000 kwh., compared with 148,600,000 kwh. for the corresponding

charges, $1,293; total, $551,528.

$69,596
:/:Z 24,500

•"•/;

$0.05

"

National

at

'

'.

The

$108,592

66

profit for year..

period
deposit

traffic balances,

$493,882;

ab!es/.$255,206;
parts

$29,669

.

,

Sheet,

Balance

receivable,

'

or

N.

including

Nast,

'■

11,016

Assets—Cash in banks, $5,705;

15,015

,

demanrtf

on

"$111,931
17,210

83,865

/ .•Indicates loss.

Assets—Cash

:

28,676

stock, divs.

A

156,

/!////;//;//

105 and interest;'

Concle Nast Publications,

•

Common

2.

1942.—V.

,

Conde

$142,154

9,684

tax

by appreciation
63,000

_

1,

5'/

30-year

mortgage

March

1942, at

Sept. 19 in New York, N. Y.—V. 156,

$70,071

97,928

$146,415

profit-

Liabilities—Federal
Gross

Other deductions

/

$58,430

j.

10,017

Balance

92,628

of the

hourly-paid

1939

$791,237

"$183,887

May

share

Oct.

45 cents per-

,

bonds

when

1940

1941

$12,582

deducts

income

vutii .i.i

/common

12,402

,/

/;//

925

income___

operating

Earnings

$204,211

oper,

first

dated

17,

Boatmen's

York,

price,

share'
Net

$30,880;

Other income

incl.

and

cents per

record

with

.

1016,

yearly.

$6,125 / / $50,093
/ 5,532
96,322

^

expenses

1939

964,322

to

of

compared

as

$1,732,507

154, p. 148.

1942

dividends-

Total gross

all foreign

$972,236

$1,320,005
1,503,892

1939

holders

to

week

14,143 shares of capital stock held in treasury,

Incomefrom; royalties

Operating

1940

1941

1942

2

1, last,

131,297

—_

'Miscellaneous income

Net

*

Nov.

Consolidated Oil

,

Chicago & Southern Air Lines, Inc.- -Earnings—

Net

tion

1957,

of

Til.

Holders

p.

of

trustee,

New

H.

155, p. 2275.

Years End. June 30—

;

7.0

1,137,560
455,999
Dr65,897

Total

Years End. June 30—

has been made for possible liability in con¬
patent litigation decided against the domestic
the amount thereof is not at present determin¬

2.2 ; '

12.4

1,137,560
552,357
Dr65,897

.

*

Club Aluminum Utensil Co.—Earnings—

•

'/

142,529,000
146,991,000

—* 873,000

_

:

tTreasury stock

provision

company

able.—V.

'

_

.

lp.2

$2;820,650

for taxes

Provision

1942—6 Mos.—1941

above results are. exclusive of operations of

Note—The

subsidiaries.
nection

■'

from

outstanding

as

The

at

York,

$15

$1,070,409
$1,212,069
$1.43
$2.14
$2.56
to foreign subsidiaries and after
charges and provision for Federal income and excess profits taxes
($5,280,000 in the 1942 six-month period and $2,310,000 in the 1941

149.943,000
150,079,000

-

dividend of 35

a

Nov.

Aug.

on

/';

•> :#/ Increase

1941

,'

-

-

"

declared

payable

paid

■'■•:■>-;/

amounting to
170,600,000 kwh., compared with 162,900,000 kwh. for the corresponding

'Capital stock

'Par $10.

$655,637

*

,

$73,548

$323,630

payable

Earned surplus

Subsidiaries)

$665,412

•_____./

the

series

plants of

Chicago Pneumatic Tool Co.—Earnings—

•

of

corporate

$1,732,507

;

'

"

'

$2,820,650

.

—

'

sundry accrued expenses.—V.

profit

1942'

//■■/,/ ■'■/;;•///

Chicago.

144,686

'

charges

^Accounts
:

Earnings per com. shr._;
$1.46
'Including realized profits on sale

that,

over

"

Kilowatt-Hour Output

.

17

Sept.

quarter

1016.

made

1,281,541

;

___

Liabilities—

$115,352;

1942-3 Mos.—1941 /;/

companies

increase

'

160,177,000
157,321,000

on

was

each

their

1942

$471,226

Total

total, $42,817,309.—V. 156, p. 690.

Period End. June 30—

10.2#.

Consolidated Edison Co. of New York,

$3,375,561;

',«<Including Domestic

Edison group of

a

/

year.

;

,

stock,

capital

redemption

at

30

♦

,

Plant equipment

•Deterred

provision

//
Consolidated

„

hand

on

Trade

$3.99'
includes

taxes

Inventories

.

registered

last

—

amount

All

insofar as applicable to fiscal year corporations
tax bill passed by the House of Representatives on

1942.

Accounts

///.-///v!;

accounts
payable,
$810,014;
installments of funded debt payable
July 15, 1942, $638,000; long-term debt, $9,250,000; reserve for repairs,
$29,495; 6% cumulative preferred stock ($100 par), $8,949,300; com¬
mon
stock, $7,864,286; capital surplus, $369,483; earned surplus, $11,payable,

liabilities,

.

directors

the

bonds,

rates

Assets—

•

1

,

Liabilities—Notes

•Net

p.

$379,666

342,541

$389,746

328,839

1942

the

under

net, $27,110,691; patents and patent rights
$113,876),
$170,682;
deferred
charges,
$977,148;

reserves

an

'

48,106

328,839 /"

$497,697

_

Note—The

proposed

equipment,

(less

19

period

5_—/

share

77,841

86,601 '

surplus_____
capital share

Earns, per

the House

1942

the Commonwealth

Sept.

35-Cent Dividend—
011

$510,772

$576,587 ',

835,000

net__

subsidiaries

the kilowatt-hour output totals of the past four weeks

are

29-—

The

35,683

1016.

p.

19_.
la—
165,172,000
12./—153,432.000

Sept..

1939

$594,086

of

energy

the corresponding week in 1941,

for

12.85#',—V. 156,

.

$546,455

40,475

109,000

$1,419,298

ended

Week Ended—

I

$634,561

42,402'.

electric

percentage comparisons with last year/.>/>•/•//

Sept.

156,

'

week

corresponding

Aug..

$618,989

41,129

taxes

paid

Balance,

$5,300; notes and accounts receivable not
$262,759; investments, net, $1,031,267; prop¬

{less, (reserves),

415,818;

'l'.'

'

•

•>

196,320,205

25,223,340 or

Following

materials,

raw

erty, plant and

accrued

*

1941

102

oper.

Net income

Assets—Cash, $1,856,590; notes and accounts receivable (less reserves
doubtful notes and accounts), $4,437,453;
inventories, $6,965,419;
on

''

•

.

of

the
the

ol'

$0.32

for

advances

System.—V.

Reserve

of

output

Community Power & Lifrht Co.—Bonds Called—

t$320,377

$1.20

1942 as passed by

Sheet,

Balance

Consolidated

I

$1,460,427

oper.

from

,

in 1942 and $842,900 in 1941.

Representatives)

1

.

;/

for

'

Bill of

Revenue

Federal

the

of

\

from

profit

Dividends

$0.95

.

$1,775,200

'

,.

Other expenses,

$$819,929

$690,425

C.

for

Sept.
,

profit

Net

Note—Provision for Federal income and excess profits taxes
to

V

hour

Electricity output of

was

Regulation

kilowatt

Commonwealth Edison Co.—Weekly Output—

v

Aug. 18/40 Aug. 20/39

Aug. 17/41

$0.58

/_

increase

Federal

depletion, interest, Federal income taxes and
excess profits tax in
1942 and 1941.
tlncome for the period included
$401,757 representing net proceeds of life insurance policies, which is
non-recurring.
jAlso includes the extraordinary direct and indirect
losses, amounting to approximately $90,000, as the result of a flood
which temporarily suspended operations of the company's division in
N.

31

weekly

compared with

as

like

/-^//// ././;/;■./'''

on

stock

The

of this corporation adjusted to show general business conditions of ter¬
ritory served for the week ended Sept. 17, 1942, amounted to 221,543,545

a

owners

Years Ended June 30—
Gross

'After, depreciation,

Canton,

under

(

Ended

Weeks

J6

$486,478

profit

common

Aug.

Weekly Electric Output— .'•/;/ //

/

Credit

$5,000,000

Clorox Chemical Co.—Earnings—-

result from the pending Revenue Act.

Aug. 16/42
'Net

establish

Depreciation

Earnings for

—

great many still to be heard from, Mr. Hopkins
of a majority of the 28,956 outstanding

a

of

1016.

p.

each.

taxes which may

Earnings

at

taxes,

provision has been made for any possible increase in

No

Approval

merce

other than income taxes, $917,180 in 1942;
$752,459 in 1941; $682,913 in 1940, and $609,781 in 1939; and rents
and royalties, $54,055 in 1942; $57,308 in 1941; $64,574 in 1940, and
$54,823 in 1939.
Fiscal year of companies consists of 13 periods of
in

Co.

Bronze

required to authorize the proposal.
The
credit, which will be available through 1945 in
amounts as
needed, is to be used principally for carrying increased inventories
and
accounts receivable required by the company's repidly expanding
war
production.
It has been arranged with the Cleveland Trust Co.,
the National City Bank of Cleveland, and the Union Bank of Com¬

Nil

taxes in 1942

for Federal excess profits

Note—(1) Included in the above statement are the

$1,344,412

with

said.

$2.24

$3.37

$4.71

;

respectively.

;

46,793,521

possible

credit up to $5,000,000 with three
Cleveland banks has been approved by holders of the necessary num¬
ber of preferred shares, and $2,000,000 will be borrowed immediately,
President Ben F. Hopkins has announced.
Consents
have
already been received from holders of more than

Maintenance and repairs,

/

6,293,562

3,663,825

,

'During the 8 months ended Aug. 31, 1942, Federal income and
excess profits taxe3 have been
accrued at the rates prescribed in the

$100.

Bprrow $2,000,000 Immediately—-

/The company's plan to

shares

par)

$49,258

Graphite

Established—To

569,007

:

share

com.

'Includes

/

14,144,421

taxes

payable

par

dividend of $1 per share on

a

153, p.

668,983

profits

subsidiaries

'

common

12,339,043

1,618,761

income—a.3.718,835

Gross

Divs.

v////

ordinarily

15,073,252.

13,318,599

exc.

Other

preferred

19,546,523

16,385,039

$1,001,489

credits-

to

non-cumulative

21,693,519

975,316

taxes-

Interest

:

distributions of $1.75 per

Jan., 2,

on

7%

the

on

1941.

On

903

8,884

2,597

1

voted

have

directors

1,713,238
1,299,639

1,165,637

income

sub¬

last month.
The time for filing answers has
22 to Oct. 22. and da#? for hearing postponed

10.—V.

Nov.

to

Oct.

issue

ing

Profit from operations

Other

of

6

Regular quarterly

$2,392,620

1,455,073

—

sentence"

Light Co.

Oct.

about

1,665,287

and

&

Power

City Investing Co.—Omits Preferred Dividend—

-

—
•„

.

...

.

$10,185,480

notes

&

The

j

profit

the

to

answer

Service

Cities

amortization^-^/..

'Federal

,'

Sell., gen. & adm. exps.
Provision
for
doubtiul

Gross

and

Co.

extended from Sept.

from

—

royalties

file

"death

Power

$2,392,620

$3,538,234
':////'iK

••

with

12, <08

$5,444,203

repairs—--]

taxes
Rents and

,«

15,743

25,696

10,926

profit--.^-' $10,185,480

Deprec., depl. & amort.
Taxes, other than inc.

Service
to

the SEC has

companies concerned,

of

request

Cities

$

14,141,723

Prov. for gen. taxes1,384,578

30, 25 cents each, and Dec. 27, 20 cents.—V. .155, p. 1212.

sidiaries

$

15,633,453

,

.

Total gross

for

$2,379,912

$3,522,485

$5,418,507

profit from sales $10,174,553

Gross

Subs.)—Earns.

1942— 12 Mos.—1941

$

';// Cities Service Power & Light Co.—Time Extension—
At

(&

expenses.5,902,909
for deprecia-

and

$23,40o,261 $20,182,514
19,883,7/6 17,802,602

$24,258,385 $23,743,122
32,083,832 24,324,615

allowances, etc.)-

Corp,

1942—Month—1941

revenues.l„__—_

Gross

Operating

Gross sales (less returns
and

Southern

&

31—

record

March 31 and June 30, last.
March 31, 30 cents; June 30

paid on
follows:

was

were

of

dividend

a

value,

par

no

like

A

during

Payments

declared

have

directors

common

Co. (& Subs.)—EarningsApr. 27, '41 Apr. 28, '40 Apr. 30, '39

Champion Paper & Fibre

Monday, September 28, 1942
•

Cincinnati Union Stockyards Co.—15-Cent Dividend—

adjustment mortgage bonds will be paid (but without interest
against future coupons when and as declared by the board of
with the adjustment mortgage.-—V. 155, p. 1015.

the

on

& FINANCIAL CHRONICLE

THE COMMERCIAL

1148

ha"e

the report states!-—V.> 156,

profits
rot

$0.71
$0.73
1942 period was not
base period exemption,

$0.31
taxes in the

reached

the

pr. 77.". / % i •'//!'/ I;;/:




h

t; ■'/

the

directors

common

Sept.

30.

against

A
15

v.. ;155; p.

have

stock,

like

cents

1212,;

no

declared
par

amount
on

May

a

value,

payable

was-paid
1,

on

1941,

^ ;•■•/ ;/:/

and
,

;:;

of

five

Oct.

dividend

15

and

April

15

10

cents
; ;•.?•

cents

to

share

per

holders of

July

15,. last,

May

on

:

' '

' /

1,
•

A

on

record
as

1S40.—-

I,;" K

dividend

lative
to

of

preferred

holders

quarter

of

since

$1.75

stock,

record

and

share has

per

on

been

declared

on

the

7/

cumu¬

account of accumulations, payable Sept. 30
20.
A like amount has been paid each

Sept.

including

Oct.

1.

i°40.

<*v»-earages as at
,' /; *

1942, amounted'to: $7. per share.—V/:155, „p. :2364..

July 2,
//.■..•

Volume 156

Number 4111

THE COMMERCIAL & FINANCIAL
CHRONICLE

Corn Products Refining Co.—Reduced Dividend-—
The

directors

the

on

Sept. 23

on

stock,

common

declared

of

dividend

a

cents

65

Detroit Steel Products Co.—25-Cent Dividend—
A

share

per

$25, payable Oct. 20 to holders of record
Oct. 2. This compares with .75 cents per share paid each quarter from
July 20, 1929, to and. including July 20, 1942. In addition, the follow¬
ing extra distributions have been made: July 20, 1929, 50 cents; Jan. 20,
1930,

Oct.

on
on

20,

1933, and

of

1/25 of
outstanding

one

Oct.

Morris

each common share
was paid on Aug. 20,
1936.
Explaining the action of the directors, George M. Moffett, Chairman
President, said that proposed increases in corporation taxes indi¬

that

reduction

and its stockholders.

company
"Our

dividend

a

company,"

he

be

would

.

in

.

continued,

.

.

the

best

.

interests

the

of

Bank

Our

Otherwise

weakening our working capital position.
asset position is. strong and we do not propose to weaken
paying out dividends which are not earned after taxes.
:»

current

it by
J

"After'the

will

war "we *

products and to maintain
pair

our

prospects

—V.

156,

p.

by

*

working

capital-

business position.

our

then

339.

need

weakening
'

out

The

"

-

record

Sept. 30.

like

A

■■/,•••

President

has

been

V; ■

and

elected

Managing
the

to

amount

-

of the Royal
directors.—V. 155,
;;. ■■ ■<., ■/.'•/ k

since

Jan.

2,

'

v;""

1935.—V.

• • 1;

...

156,

7;.

Earnings
Profit

before

''Federal

,

for

the

})

'•

'•

'•

v'

•'

'■

formerly

Subs.)—Earnings—

Ended

July

;

1942 > ."7
$2,607,340

31,

_'

taxes

Creamery
The

like

during

have

dividend

a

10

of

37Vas

to- holders

of

as follows:
Jan.-10, April 10
10, 35 cents.-1—V. 155, p. 2455.

were

and Oct.

record

and

Net

Sept.

July

on

30.

•:

A

The

Payments

10,

30

"

the

cents

to

y '

the

on

Revenue Act of

report states further

retroactive

provision

compute taxes
the

on

Mfg.

Co,

The

directors

common

of

cents

no

Sept..

each

10

was

have

stock,

record

J'

30

paid

cents

declared

and

Dec.

payable

Nov.

22,

30,

Oct.

of

20

10

155,

N""V'

'

20

class

directors

A

and

of

ers

class B

record

March
Nov.

30

have

common

Sept.

and

declared

15. / A

June

30,

dividend

a

stocks,
like

last,

with

compares

I*

was

paid

28,

extra

these

on

May 31,

of

40

issues

Gross
Net

Period End Aug. 31—

Operating

f

revenues

$632,691

Operation
Rental

power

of

■

-

leased

on

Net

ry.

Pro v.'*for

Prov*.

of

depreciations,| v/

for

Federal

and

Federal

income

203,725
21,755 ■>-.*« 330,010
53,171
641,399

7,171
33,205

5,072

cents

3,762
,'<■

11,567

110,267
396,755

.

72,706

:

397,948

54,414

9,779

45,168

136,377

35,085

440,489

387,899

7,881

883,394

The

directors
of

income

$86,181

$126,130

$1,211,524

income.

6,108

5,384

80,905

■

$92,289

;

.1"

interest

deductions

37,-118

$10,

have

payable Oct.
Jan.

July 2

on

April

1,

The

2,

1

W.

current

Share

on

$131,514

32,032

.

(net)—.\

$1,292,429

32,160

;

> 212

:

$1,519,277

/"

99,744

$1,619,021

income

-

384,950

Cr417

?

387,827

Crl,031

•

7,495

;

The

1941

&

"21,033

has

been

while

(2)

Federal

adjustment

$804,509

$1,134,198

29,164

349,973

349,974

16,667

'<

'

-

16,737

normal

taxes.

.

income

statement have

$92,276

'

;

200,283

200,848

provision for Federal income and excess
periods applicable to the year 1942 have been

taxes

profits

declared

Dec.

on

p.,

;

dividend

a

the

on

I'/'r

1

record

and July
1,

-

the

on

31

of

17Va

Sept.

cents

21.

the

been

taxes

marie, in

beginning of that

for

adjusted

and

...

r

the

to

■'

periods

include

September,

surtaxes

-

1941,

and

•

in

a

94',e

1941

4

by this
part of the

which-was

'

retroactive

:

'

the

to

/

Grocery

'

35

Years Ended

Sales

:

*

.

.

cost

pcjay Stores, Inc. (& Subs.)—Earnings—
'

/ C Mos. Ended July 31—
Profit

2

51 Va7 cents

week

•

Prov.

$42,490

* 15,000

:

/

$22,489
133,219

.

$0.17.

-,f

»•

$0.19

..

Amount '

Net

548,452

57,734

18,972

14,010

221,453

202,061

$148,205

$125,899

...

_

oper.

revenues...

A dividend of $2 per share has been declared on
account of accumu¬
lations On the $4 cumulative convertible preferred
stock, no par value,

payable Dec. 15 to holders of record Nov.
was

made

on

March

28.

July

16,

similar

A

and' Sept. 15, last.

1

issue during 1941 were as follows:"
April
each, and Dec. 20, $2.—V, 156, p. 779.

1,

July

105,615

15,165

and

Sept.

this

on

30,

$1

„

The directors have taken

;

able

about

cents

July

1,

Jan.

2,

The
15

Oct.

1

1942, and
last year.
directors,

cents

per

the

no

action

made

in

ordinarily

pay¬

on

however,-declared

share

the dividend

on

class

A stock, par $1.
Distributions of „7Vi
this issue each quarter to and including
addition an extra of five/cents was paid on

on

per share were

424

the

on

the

'■
usual

6convertible

1

Bonds

dividend

stock,

of

$10,

par

payable Oct, 1 to holders of record Sept. 26.—V. 151, p. 1141.

and

securities direct and fully-guaranteed

security
Interest

contracts

receivable

and

I

$1,259,209

'

-

—'

—

'

62,404.950

34,831

stock,

no

similar

1,926,839

/';//

1,755,126

v

35,525

43,017

Surplus

rents

and

Unearned
Reserves

_

—.

"'-v.

payable and due to banks and customers
Security contracts
—.

U. S.

S.

payable
Govt,

Total

—v.

1——

156, p.- 78.

sold

——

2,000,000

stock
with

855

under

503,018 '

21,740,999

—_

——„——___

secur.

Sundry credits

v

ferred

1,598,499
•:

571,537

31,212,476

Government deposit account-——.——:

.

—v.."

Securities borrowed at par—2—^—J-———:.—2"
U.

$2,000,000

638

Loans

Loans

the

1,816,041
.———_—;

—^

^

/
———

33,230,785
---/

9,700,000

—_J■'

6,545,719

purch. agreement

10,000,000
33,746

—

•-••.'"y;




real

estate,
(no

$310,881;

$250,720;
less

25 cents

May

.••■• \

in

total,

shares

bonds

120,000

made

was

15,

Oct.

June

9

9,

directors
and

of

the

a

this

on

holders
issue

26/ Sept. 29

of

on

and

the

A

on

record

April

Dec.

11

23,

the

new

stock.

preferred

stock

authorized

Nov.

the

In

$14

1946,

shares

Sufficient

of

board

in

Sept.

is

a

.

-

until Nov.

and
of

at

1943;

$16.50

common

common

($50 par),

30,

shares

at

v

26.

directors
to

has

being

inadequate

,

r

was

will

concluded

Total

*'(

total

admitted

Insurance

assets

would
:

1

declared

dividend

a

the

on

6%

holders of

to

of

75

cents

cumulative

record

and

Sept.

30,

1941,

while

30

this issue.

.

,

on

the

A

common

like amount
March

on

year-end

a

on

stock, par
Previously regular

were made on

Dec.

on

share

per

preferred

Sept. 21.

dividend

31,
of

paid.—V. 156, p. 1048,

1942—Month—1941

1942—8 Mos.—1941

revenues

$62,352

40,182

34,315

2,696

2,480

21,260

19,129

$19,475

$10,508
1,333

$121,244

$91,895

-4,877

6,885

$9,175

$116,366

$85,010'

ry.

oper.

Ry;

oper,

Net

ry.

$14.50

Out

of

the

disproportionate for

540

y .

$47,303

$457,385

:

oper.
Other income

Total

Total

income

9,188

9,127

$28,123

——„

$18,302

deductions-

fixed

Net

$18,935

income-

a

1,

2.863
■

income

156,

p.

20,307

22,543

$136,673

$107,557

2,885

12,704

12,706

$12,556

charges

"Deficit.—V.

$2,711

781.'

.

15,316

-

15,317

101,662

$19,695

;;

■;105,514

"$13,273

•

General Acceptance Corp.—Earnings—
Net
—V.

total

income

after

156, p. 865.

1942

The

directors

account

of

1941

$101,303

charges and taxes.——

$105,088

*

General American Oil Co.

-C

company's working
the company's war¬

266,628

::

9 Months Ended June 30—

Dec.

$377,653

314.882

.

'

•

from

..

incomeNet rents, Dr.

389,502 shares are now
be'authorized to. provide

that

the

Fonda, Johnstown & Gloversville RR.—Earnings—

simultaneously

.';

for anticipated peace-time requirements.
production facilities, its increased inventory re¬
the anticipated permanency of the market for its products^
new

have

accumulations

Period Ended Aug. 31—

A

will be convertible

thereafter.

stock

used

of 50 cents per share has been declared
payable Sept. 30 to holders of record Sept. 24.
disbursed on March 31
and
June 30,
last, and
30

recommendation

/ ;7v. "
7'-',' /'
stockholders, W. T. Hedlund, President, said;

addition

business,

company's

quirements,

of

of

June

and July 17,
1941.—V. 156,

special meeting to

a

acting upon

stock

been

of

quotations of

Inc.,

„

conversion.

his letter to

"Your

The

30,

400,000

outstanding.
for

at

had

dividend

was

common

-

value of $184,755 will be redeemed

par

stocks

directors

$1.50

the' company's capitalization
through the
$2,500,000 new 6% cumulative convertible pre¬
presently outstanding 6%
cumulative preference

new

Until

$4,706,701

—

stock,

increase

the

common

2,024,052

$4,317,077

—

payable Oct.

Miscell.

purpose

40,150

25,000

1,000,000
2,450,083

.

'

being notified of

the

1943,

42,400

25,000

1,000,000

;

Florence Stove Co.—50-Cent Dividend—

payable,
Co.,

>:•

v *■

$1,053,220
132,248

124,007

quarterly distributions of $1.50 per share

assets
opera¬

.

are

01"

into

v -/ ■v//

■

claims...—

———

and

The

of

The

total

*

Ry. oper. expenses——

,

stock

for

to

sale

sale

•(■

■.

adjustment

other

...

account

$5,842,793.

to

720,653

$4,706,702/

$4,379,160 and policyholders' surplus $3,086,135-~y. 155 p; 399.

$100,

obligations
insurance,
treasury stock,

share has been declared

per

520,046

$4,317,077

•

—

Flambeau Paper Co.—Accumulated Dividend—

$2.42

,

Realty

of

9,882

———.—I.$1,101,618

of

Ry. tax accruals.,—.

payable

common

Oct.

stock.

capital,

$59,306,918 $65,647,394

of

1

•»

7,500
404,431

10,287

...

-■

process

money
for
self

reserve

173

$3,564,234

357,159

collection

aecrued

premiums

$169,803
•

notes

purchase

$18,309;

par),

S.

1941

"Valuations on basis approved by National Association
Commissioners—If actual June 30, 1942 and 1941 market

Stop Nut Corp.—To Issue $2,500,000 New 6°/o

on

1942

Total

stock, $30,000; notes payable
installment contracts (maturing

accounts,

obligations of S.

money

Each share of

time
«•———-

—

capital

$618,500;

/

held

2,000,000
profit
discount

on

Preferred Stock—
be

-Balance Sheet-

*$3,422,085

1—

Net surplus

banks, $600,519; accounts receivable,
inventories, $2,370,071; investments of

accrued

rate

liability for

30
.

deposit and in office™—

on

Co.-

June

1

Reserve for taxes and expenses

in

contracts,

value,

on

Elastic

issuance

$2,000,000

—

Undivided

$1.99

year),

stock

distribution

and

by

$59,306,918 $65,647,394

Liabilities—

stock

120,000

$2,45

119,12G
the

at

no

7,500

Reserve for all

120,000

$112,753

.120,000

surplus, $2,312,906;

par

Holders

Capital

$173,703

120,000

and

$4,720;

on

of

has

-

.Llabilitt(5s-r-

$289,803

126,000

$163,998

161.

P.

985

•

Cash
——————i„

120,000

V

184,107

accrued-'__—__;J.i——„2;^/:

Total C———_—L—_—J.—. '

$238,753

dividend

installment

A dividend

last,

56,271.801

Deposit with N. Y. State Banking Department—
Sundry debits

/

Dec. 31, '41

Acceptances discounted
U. S.

;

June 30, '42

'

,

.

$293,703

purchase

capital

it

stocks——————
course of

4,329,248

$2.37

one

year),

mortgage

Sheet,

,

Unearned

25-Cent Dividend—

$1,037,923

,

declared

$13,304;

the

Insurance

'

.■y-;^ Total

payable,
trade,
$560,286;
acceptances
under
$61,317; employees' deposits on defense bonds, etc.,

credit,

(maturing within

under

of

opinion that
profits tax,—V.. 156, p. 780.

Premiums in

$4,619,051

4,458,114

.

investments, $55,286;
S. S. Realty Co., Inc.
(wholly owned affiliate), $370,763; fixed
(less reserve for depreciation),
$1,819,382; deferred charges to
tions, $426,741; total, $5,842,793.

$1,347,786;

Discount Corp. of New York—Balance Sheet—
Assets—

$4,696,867

4,545,621

.

6,612

$120,351

109,199
is

company

excess

Real Estate

be

under

<

quarterly

preferred

6,376

$123,448

,

Federal, normal and surtax has been accrued

The

Balance

$22,755,802 $20,881,083 $19,702,958
18,055,263
16,322,817
15,269,810

120,000

$300,000;

451

$6,063

declared

Assets—

Cash

$283,998

bank.

$126,962

Federal Water & Gas Corp—Proposed
Acquisition—

'■'<>

July 1, '3.9

$4,839,324

surplus.—..

one

60,000

$129,824

$10,649

...

First American Fire

185,903

$200,032;

within

65,333

$6,514

:

See'FeopJtes Light & Power Co.—V. 156, p. 693.

.

Consolidated Balance Sheet, June 27, 1942

$14,335;

$186,962

5,000

$11,073

.

charges

income

45 '/e,

•

$4,433,148

paid.

of

61,063

$195,157

6,333

-

(incl.

Assets—Cash on'hand

letters

46,953

$11,514

$17,406

income

Federal

Liabilities—Accounts

(A.) De Pinna Co.—Omits Class A Dividend—

,

5,691

.

,

June 29, '40

138,602

Stock (no par)

cap.

$5,823

-

2,485

:

accruals

Note—1942
of

14.4

$4,558,265

Earnings per share

distribution

Payments

1

Shs.

$14,921

—

res.

10.2

138,785

'

Corp.—Accumulated Dividend

1942—12 Mos.—1941

$934,146

7.8

8,295 -'

$4,700,539

income

Balance,

Derby Oil & Refining

1942—Month—1941

68.684

Vo

:7;

11,695

5,047,464

Dividends

5,588,412

591,201

Interest

during

$5,331,462
Deduct, oper. exp.

12,115,121

7,649,979

4,279

Capital

$26,825
,136,819

14,617,528

14,383,082

4,954

Balance

per

150,816

income, etc..

$41,825

20,000

....

profit
'
Shares of .capital'.
Earnings per .share—,.
—V. 156, p. 78.
Net

-

Other

_

23.853,723

$1,029,543

-

81,635

■

1941.;..

.

820,020

50,133,205

and

$5,180,646

•.

1942,

,,

.

after charges but before Federal taxes..
for Fed. income & excess profit taxes

1,441,367
54,693,042

46,294

Dividends

-

June 28, '41

21,225,684

2,079,425
68,785.759

■

$70,406

Interest

$26,406,331

—-

Less

Aug.31-

Losses

......

1,704,571

43,183

Retire,

Corp.^—Earnings—

June 27, '42

—

1939

$6,743,101

2.370.015

513,

p.

Non-oper. income, net—

cents

Jan.

(Including wholly. o.^'ned affiliated companies)
?

1940

$7,679,709

$82,029

was

with

-149,617

120,780

Stores

•

15,563,089

-

■

par

figures do not include the system inputs of any companies
appearing in both periods.—V, 156, p. 1047.

Economy

income.—

oper.

.T'

•

T.

Net

for
v

"

Maintenance

The above

not

covered

the proportionate

year.^-V. 156, p. 779.

rate

.*••-*

of

1941

89,930

...

'

\•.•.7

r

revenues...

v;:7,/vv-::K;./',;"/;y'^~^ncrease77».;:
161,312

National Power & Light Co

V7,, J-

was

profits

excess

Operation

on

stock,

on

corresponding

1942

CoLj...

Electric Power & Light Corp......

Power & Light

credit

for'

2456.

"

Operating subsidiaries of—
American

-i;

for

profit

Fall River Gas Works
Co.—Earnings-

—Thousands of Kilowatt-Hours—

j

yr": '-"v-V-.

2,493,426

1—

Period Ended

of

amount

like

A

share

per

preferred

arrearages

p.

with

1

income.—

Jan.

156,

the net
profits

excess

'
1942
1941
1
railway— $11,615,480
$9,662,215
railway_^^___ - 4,389,477/- 3,445,502

oper.

Gross

compared

determining

year's

$3.33

July 20 House Rev¬

Operating

Inc.—Weekly Input—

as

entire

•7v7"A

:

•'•(

••

Taxes

last, as compared
and 17Va cents each

leave

in

'

profits taxes

earnings prior to application of
;
•
'
;

ry.

->

will

that

the

$2.17

excess

155, p. 2365.

.*• '

•

said

review

railway..... 86,672,909
from railway—30.821,709

common

payment

a

2,

1941,

official

an

and

$3,992,446

A dividend of 15 cents
per share has; been declared on the common
stock, par $1, payable Oct. 13 to holders of record
Sept. 30.
This com¬
pares with
20
cents
paid on April 24, last, and 30 cents each on
April 26 and Oct. 10, 1941.—V. 155,
pj 2365,

.

f

cumulative

follows:

as

3,689,379

.

Esquire, Inc.—To Pay Smaller Dividend—

"90,934

1941,

distribution

Light Co.,

were

:

$7,681,825

,*9,869

For the. week ended Sept. 17,. 1942, the
system inputs of client oper¬
ating companies of Ebasco Services, Inc..; which are subsidiaries of
American Power & Light Co., Electric Power &
Light Corp. and National
Power

was

engi¬

7 1S41
-y--7,-

.

3,419,348

the basis of the

from

Net

estimated

for the
computed at a 40'M rate for

excess

*2,614

45,752

share

ry.

—V.

10,143

80,356

97,444

;•

of

■

—7

income

Net

$109,577

7

19,022

-

830,410

tyre preferred stock.—V; 155,

Cr448

104,001

.•■-•»■.•'

lease.™—...

Notes—(1)

profits

29,164

-

a/c

reserves

•'

$49,285

requirements.

RR.

$125,170
?

173.428

155,

"

10,760

y:

——

1942

$2,594,184

Net

1939

'

949.883

30,

Oct.
r

■

He

charge

Fed.

profits taxes.......-:-

RR.—Earnings—

From

259,698

holders of

to

and

before

from

Gross

1,101,322

declared

April

1941.

exc.

deduction from

a

from

Net

11,060

■

P.

Net

>77

"1940

1941

2276.
.V.S'i/v•..'•.7*"•*.'Vrw

Ebasco Services

..J

interest

Prov;' for

155,

364,618

accumulations

paid on

7::.
but

/August—
Gloss

$50,000;000V.

59,836

income

div.

net

94,319

Sept.

*. v'

7

&

under

1..,

re¬

a

Easy W^ashing Machine Co., Ltd.—Accumulated Div.—

112,533

37,000

Other

■Net

be

reported

156, p. 780.

made.—V.

•'

S- 525,166

123,700

Other

Pfd.

would

as

Erie

$147,220

"

and

was

7

305,094

tax

tax——

operating

Non-operating

50

230,131

•

30

June

inc.

tax rates,—V.

'■•7

; 46,700

income...

each

'

profits

excess

Bond

17,477

7,210-

taxes

Gross

248,703

35,074

.

period

company

approximately

1942

dividend of 25 cents per

31,

1,598.441

385,587

56,789

State.-.

Federal

Net

$5,502,902

in

$5,913,532

and

period

used

share.

a

1941,

share.

a

basis

year

Acts, depending
year, the net

no par value,
payable Sept. 30 to holders of record Sept. 21.
like amount was paid on March 31 and June
30, last, and on March

A

account

prop,
(leased)
State & municipal taxes
Social
security
taxes,

Fed.

$6,982,591

replacement

bus

30,

$181,900

railway.,

oper.

7'

(& Subs.)—Earnings—

int.,

share of capital stock—

per

Act,

the

calendar

months'

$2.09

enue

contain

stock,

2,182,650

27,587

nine

Sept.

Revenue

each

Act

fiscal

a

Duval Texas Sulphur Co.—25-Cent Dividend—
A

7,750

17,477
:

railway.—.,
railway——,.

from

210,683

77,146

prop...

Maintenance

T"

from

from

Net

1942—12 Mos.—1941

$533,849

147,888

Purchased

the

equal to

hand,, total

on

1942

Revenue

on

-

"Deficit.—V,

1942—Month—1941

-

for

is

and

within

Net ry. oper. income—
5
15,426
From Jan. 1-^Gross from railway—1,408,800

Cumberland County Power & Light
Co.—Earnings—
(Including Cumberland Securities Corp.)
•'

fall

ended

August—

on

paid

we*

This

1942

'

1

and

30

Aug.

cents

1941

company

months

orders

2365.

on,'Sept. 21.

Corp.,

30—•

and

Note—The provision for
Federal
1942 period was estimated
on

Duluth Winnipeg & Pacific
Ry.—Earnings—

30 cents per share on the
$10, payable Sept. 30 to hold¬

Feb.

on

an

the

nine

the

companies

15

•'\I

t-".ii'i '•

:v

.

the

Unfilled
p.

of

amount

and

29, 1941, and in addition
22, 1941.—V. ,155, p. 1212.

Dec.

par

to

the

profit of $814,370, equal to $2.43

the

on

holders

to

Crum & Forster Insurance Shares Corp.—30-Cent Div*
The

$701,643.

The previous payment
" 't'

;r<"

■-!

each

Dec.

This

2455.

p.

cents

and

respectively.

1937.—V.

of

duced

Two

For

April 20 and July 20, last.

on

on

dividends

two

value,

par

Declares

—

•>

/

director, has been named

a

Electrolux

the

that should

that

months

earnings

Crocker-Wheeler Electric

Dividends of 10 Cents Each—

the

J.,

announced

profit

Earnings

$3.08

v

.

1941.

requiring

both

on

number of

deprec.

Prov. for Fed.

$1,031,478

per share on 335,000 shares of capital stock--™.

-Based

N.

was

1,575,862

profit'

Earnings
share

per

of

it

■

"Net

Dividend—

cents

paid on Jan. 10, April 10 and July 10, last.

was

1941

Co.—37 .% -Cent

Mfg.

declared

stock,'payable Oct.

amount

each,

Package

directors

common

7:777:.;.

Summit,

251.

p.

Ended June

after

taxes

'

the

156,

with the company's product.

>

corporation,

Vice-President

Months

Profit
-

taxes

income

;

this

of

Electric Auto-Lite Co.

V

'/•;

.

6

Months

Hedlund

neering.—V.

y

.•'* •'*"

(&

T.

President of

'
:v

-

Co.

tax

in

President, etc.—

William

160.

p.

-V

j Dresser Manufacturing

new

New

-

declared a dividend of 10 cents per share on the
payable Nov. 20 to holders of record Nov. 5. ' A like
paid on Aug. 20, last, the first distribution on the stock

was

increase

:,;V/

stock,

amount

substantial

financial

the United States and Canada is
equipped

of

\

of

reserves out
of earnings and-the
stability at The Close of hostilities, call for a con¬
working capital."
The company, incorporated in
1934, and which maintains factories in
Union, N. J., and Lincoln, Neb.; manufactures a wide
variety of self
locking nuts which are consumed primarily by the aircraft
industry.'
The
company's products also have been used by manufacturers of
tanks, electric appliances, railroad equipment, radio
transmitting and
receiving equipment, oil field machinery, pneumatic
rockdrills, and
l'arm equipment.
It is believed that every military
plane produced in

for

servative

Director

board

.■...;; .;■.:

■.

maintenance

need

common

directors have

common

now."';

structure

Wilson,

Canada,

We do not want, to im¬

corporate

our

*

bring

to

of

tile

-

,

the

on

Dominion Stores, Inc.—10-Cent Dividend—

.

"is

would be

we

holders

to

declared

'>>•'."-.f

operating at full capacity.
De¬
mand for all our products is
strong and operating earnings are high.
However, we must determine dividends on the basis of earnings after
taxes-.

W.

of

398.; ;

p.
.i

10

been

Dominion Bridge Co., Ltd.—New Director—

:

and

cated

payable Oct.

share1 has

per

on
April 10 and July 10, last.
Payments during 1941
as
follows:
April 10, July
10 and Sept.
10, 25 cents each;
10, 50 cents, and Dec. 22,-75 cents.—V. 155, p. 2456.
•,
*

were

share of Allied Mills, Inc., stock'

a

cents

disbursed

was

75 cents; July 21,. 1930, and Jan. 20 and July 20, 1931, 50 cents
and Dec. 21, 1936, 75 cents. A lc/o stock dividend was also paid

each,

dividend of 25

stock,

par

1149

have

declared

accumulations

on

a

the

of Texas—15-Cent Div.—

dividend
6'*

of

15

cumulative

cents

per

convertible

share

on

preferred

payable Oct. 1 to holders of record Sept. 20. A similar
distribution was made 011 this issue on July 1, last.
Regular quarterly payments of 15 cents per share had been made'
on the preferred
stock up to and-including Jan. 2, 1942; action on the
April 1, 1942, dividend was deferred.—'V. 156, p; 79.
stock, par $10,
'

I

•

D.

this

of

Chairman

retired

Young,

WPB in London.
who has accepted a Vice
also as Chairman of the

will replace Charles E. Wilson,
Chairmanship on the WPB, and will serve
Swope

Net

Total

•

•

••'

Earned

V

per

and

Inventories

utility securities.
Action followed

warrants.

of

One

r!

\

own

Liabilities—

the

5,000

Earned

It

reported

was

dis¬

Co. and The
156, p. 1049,

Trust

Bankers

The

corporation

corporation
During

reached.

in

291,808

Baruch

the

of Bank Loan—
has repaid $750,000
three banks under a

June,
total

the

"Of

1941,

was

Retire,

$3,018,299

going

rubber,

into

of

Cost

immediate

Net

pro¬

of

Other

that

said

this basis

on

would

it

f ;-

chandise

;

1940

2,850,363

Expenses

-

Balance

Sheet, March

31, 1942

j

supplies,

of

$845,237;

$687,283),

■

$700,959

Total

&

miscell.

for

Prov.
-

12,181

$956,079

$790,306

247,059

250,464

Net

Fed.

no

and

taxes

par

Net

Federal

total,

$731,887;

income

and

Net

$2,677,261.—V.

150,

.

1941

$2,808,000

;

$2,398,616

971,610

fNet

from

Net
*

Jan.

761,768

755,131
467,682

19,550,000

20,297,264

4,902,762
3,181,531

1,584

698

$476,558

profit

railway
income

Deficit.—V.

June 30,

to

1942.—V. 156,

p.

the

been

called

as

•

Total

1939 u
$1,591,856
143,988

Called—

156. p.

'59,583

156, p. 1049.

—V.

'

4,549,773

Gleaner
The

lations
Oct.

the

common

A

dividend

Mfg.

■

of 50 cents per

Net

'

March 31,
of

$1

was

Div.—

share has been declared on the common

record Sept. 30. A like amount
31 and June 30, last, and on
June 39 and Sept. 30, 1941, while on Dsc, 20, a distribution
made.—V. 155, p. 919.
./%■
v', .V /AvV ..'A,";.,"."".'

stock, payable Sept. 30 to holders of
was
paid on this issue on March




■<>

$63,202

!

'

:

SIT,848

35,578

41,844

j

$27,624

•

i:

$58,467

$16,623

.

9,533

;,

8,705

$27,382

$36,329

;

8,437

•

29,613

8,947

*

$25,570

46,421

$311

179,958

*$10,092

*$54,381

27,071,

$19,272'

:

>

,

tlnciudes $35,105 provision for loss on investment and
in connection with drilling operations on Grimes, lease:

vances

ad¬

Notes—(1) The above statement does not include the company's pro¬

•

$13,957 of the net loss ($29,030) of Social Oil & Refining Co.

portion,
the

for
*

year ended June 30,

1942.

(2) The net income for the year ended June 30,

to

Federal

income

taxes

inasmuch

made

,

,

of $1 per share has been

cumulative

6%

holders

record

of

on

'

\

declared on account of accumu¬

preferred stock, par $100;-payable
23.
Distributions of like amount

Sept.

Balance

.

Assets—Cash

1942,

is^not subject

loss carry-overs

•

Sheet,

June

80,

from

1942

,

$7,908; in¬
$73,368;
leasehold and oil rights, $21,929; plant and field equipment (less re¬
serves
for deprec.), $55,487; deferred charges, $6,522; total, $374,396.
Liabilities—Accounts payable, $3,672; accrued taxes, $1,011; capital
stock ($1 par), $182,000; surplus for reduction in par value of capital
stock in 1936 (less deficit to June 30, 1942), $187,713; total, $374,3961

ventories,

r~v.

deposit,

on

$2,423;

$206,759;

investment

in

receivable,

accounts

Socal

Oil

&

Refining

Co.,

154, p. 334.'

Honolulu Plantation Co.—15-Cent Dividend—
A

dividend

of

cents

15

share has been declared on

per

$20,

par

payable

10

Oct.

'a

Honolulu Rapid Transit
rev.

from

income

$131,964

for

ditional

possible
taxes

$73,767

$14,516

22,222

23,495

21,282

6,000

ad¬

'

Rev.

Common

$45,545

$61,827

Net profit

*$56,748

*$8,979

'

16,910

dividends

176,167

105,284

35,697

miscell.

rev." from

other

Net

$1,081,130

13,789

18,047
21,038

.'.,215,558

126,279

47,991

519,588

2.78,015

.

86,956

,

-

//

6,022

2,576

and

Net

10,000

_______

1942—7 Mos.—1941'

$2,085,995

883

33,419

Traffic

Gen.

$203,893

2,927.

Conducting transp._____

*$35,465

20,270

39,868

,

tax__—

r?: :

Co.—Earnings—

$372,210

transp.

'

Power

1939

1940

.

5,

1942—Month—1941

Period Ended July 31—
Gross

Equipment
1941

to

with 20 cents per share paid

^ p.. 2457.^iA;:;;-r:^;A;-\

Co.—Earnings—
1942

the common

holders of record Sept. 30.
This
on July 10, last, and 10 cents
per share on March 16, 1942.
Payments during 1941 were as follows:
May 31 and Sept. 10, 15 cents each, and Dec. 5, 30 cents.—V. 155,
stock,

1, last.

April 1 and July

profit from oper.

Federal

j

operating

as

prior years more than offset the income shown.

share has been declared on the common stock,

per

Depreciation

15 cents on Sept. 30,
1377.

Co.—50-Cent Common

1939

1940

-

35,5 n

'

$48,885

cents per share

Years End. June 30—

1941

rev.

Taxes*

transp.

:

transp.
oper._"_

assign,

to

13,929

15,758

23,664

167,197

132,976

$183,557

-

than
from

1,993

27,078

exps.

r.

>

1,635

$979,768

$90,278
'

$185,193

•

$416,796

1,962

9,033

I

'

$92,240

$988,133

$425,823

]

14,709

116,598

97,877

|

<

8,365 '

oper.

Deficit;

r-

<"

,.

■

,

"

■

Interest

■

Note—The financial statements of the company would be
any

affected by

action not now foreseen under the provisions of Section 403 of the

Supplemental National Defense Appropriation Act, 1942" pro¬
viding for renegotiation of sales price in certain Government contracts
and sub-contracts and possible resulting reduction in, or refunding of,
"Sixth

profits.

"A-/-'.':.

18,107 "

(est.)

"$56,748

,

;

A

:

'

Profit

and

loss___

Replacements
Taxes and conting._
j.

Net

2,821

revenue

—V. 156, p. 960.

;

2,694

22,210

6,416

28,150

'

Depreciation, ' est/

J

f ■

•

*$8,979

$45,545

$44,917

Surplus
*

Goodman

•

*

respectively,

.'1 ,*Loss.

■

Payments during 1941 were as
follows:
April 1, July 1 and Oct. 1, 75 cents each, and Dec. 23, $2.—V. 155, p. 263.
;
;
• - V
•
;

Sept. 25 paid a dividend of 90 cents per share on
stock, no par value, to holders of record Sept. 18. This

with $1.15 paid on Sept. 25, last year,
and 30 cents on Oct. 10, 1939.—V. 154, p.

1940,

50

on

compares

1941

$53,359

'

"

Deprec. and deplet.; etc.

Steamship Co.—50-Cent Common Div.—

of $1

on;i the

to

1

were

Harvester Corp.—Pays 90-Cent Dividend—

company

etc. A

Net income

Group Corp,—$lPreferrecl Dividend—

.

A A dividend

$1,031,614

.

;

$40,448

income

compares

Sept.14

1942

S

1942

*

'•Total

value, payable Oct. 1 to holders of record Sept. 21. This com¬
with $1.40 per share paid on this issue on March 2, last. v Payx
during 1941 were as follows: March 12, $1; Oct. 1, $2, and Dec.

Prov.

.

of

Harbauer

$1,259,131

;;

.

$73,215
.32,767

Way and s.tructures__:_.

1941

$32,650
V"..'-'

dividend

ments

Georgia & Florida RR—Earnings—
1942

are

-

revenues

Other :income, fint;,

781.

22, $3.—V. 155, p. 503.

due April 1, 1955, of General Public Utili¬
ties Co. at 103 and interest.
Payment will be made at the Central
Hanover Bank
& Trust Co., co-trustee, 70 Broadway, N.' Y. City.
Holders
may
obtain immediately the full redemption price of such
bonds, including interest to the date of redemption, by presenting the
bonds to the Central Hanover Bank & Trust Co.—V. 156, p. 1049.

$32,450

from George A. Ball of, Muncie,
entitled, therefore, to obtain

1937
they

par

pares

gold bonds, series C,

revenues_„__

that

'

13,573,835
3,708,235 % 1,961,295
2,049,492 C; 390,894

(Daniel) Green Co., Boston—$1 Common Dividend—

first mortgage and collateral trust 6'/2%
gold bonds,
April 1, 1956, of General Public Utilities Co. at 103 Vi and
interest, and all of the outstanding first mortgage and collateral trust

Period—

' '■

York contend

New

155, p. 2279.-

Operating profit

-

Crucible

provision for Fedsix months ended

Jan. 1 to

of

holding company over the Chesapeake & Ohip

Corp.,

Taxes, exps., insur., etc.

16,055,454

1941 were as follows: March 29 and June 30, 50 cents each;
I; $1; and Dec: 29, one share of 5% convertible preferred stock
Steel Co. of America for each 10 shares of Great Lakes
common stock held.—V. 155, p. 2457.

series A, due

Operating

securities in
Yorkers declare

'

.

during

of Nov. 1, 1942, all of the

Week Ended Sept. 14

Kirby

that they paid for them.

Ry.—V.

Sept.

outstanding

6Vz%.

P.-

Young and Mr. Kirby are Chairman and President,

Mr.

-

has been declared on the common
stock, no par value, payable Sept. 30 to holders of record Sept. 22. A
like amount was disbursed on March 31 and June 30, last.
Payments
dividend

A

A

redemption

for

Allan

the

of the Alleghany

*

341.

General Public Utilities, Inc.—Bonds

and

Young

The New

^

no

There have

the above
Cleveland^

and Mr. Murphy were their employees when the Cleveland-

Years Ended June 30—

^

of Milford, Mass., has been elected a direct©?"to
fill the vacancy created by the resignation of W. Virgil Spaulding, of
Altadena, Calif.—V. 156, p. 79.
■
*

$605,612

$539,144
no

difference in

Bradley

:f Holly Oil Co.—E arnings—

J. Laurence Doyle,

of

$582,294

depreciation basis,
cral income taxes is required on net profit for
Note—Due

L.

'

1,174

■

Charles

-

on

1

railway

oper.

ry.

that

$600,000

1

*

1940 ! r
$1,969,490.
456,534
241,991

6.634,400

income

Filed—

Sept. 11 to Federal Judge Paul
and John P. Murphy-of Cleveland be

recommended

Master

purchased

ers

for Federal and State
taxes (less U. S.

4127.

p.

railway_„_

from

f

•

Special

Ind.,

profits

railway__.___

oper.

ry.

From

125,143

tax

638.

1941 were as follows;

Higbee Co.* Cleveland, Ohio—Report

Mr. Bradley

'

Gross

issue during

ownership of the securities by giving Mr. Bradley and Mr. Murphy the

excess

1942

from

from

i

Distributions of 25 cents

23.

Sept.

•-Robert- R.

,

$167,469; capital stock <39,750 shares,
value), $1,323,750; shares in treasury (75), at cost, Dr$3,480;
for contingencies and plant and vessels obsolescence,'$303,984;

reserve

Gross

$862,823
256,037

deducts.

inc.

j

•

to. retain ownership of controlling securities of
according to an Associated Press dispatch from
i-^ > 5^

.

Liabilities—Accounts payable, $153,651; reserve

August—

16,532

243,983

income

Amortization
Int.

44,559

$720,541

.

income

to

company,

assets- (less provisions for
sundry assets, $320,192;
total,

V

$846,291

19,582

profit

Operating
Other

$20,

par

permitted

fixed

$641,252;

,

Great Lakes
$778,124

paid a dividend of 50 cents per share on
holders of record Sept. 15.
This com¬

21

Sept.

on

stock,

stock, no par value, on Feb. 2 and May

latter

Jones

,,

^rand Trunk Western RK.—Earnings-

1939

$911,520

record

.

$85,433

'Consolidated

and

surplus,

$4,175,225
3,328,933

3,236,186

and July 1;

1

share on the class A stock, no par value, payable Oct. 1 to holders

the

119,010

•

'.—J-

$2,677,261.

Inc.—Earnings—
$4,014,310

on

each were made on the
1, last.
Payments on
Feb. 3, 25 cents; May 1
and Aug. 1, 50 cents each; Sept. 30, $1, and Dec. 24, 25 cents.—V. 155,
of

United' States Treasury bills, due May 13,
1942, $400,000; customers' accounts and notes receivable -(less pro¬
vision for cash discounts and doubtful items,- $17,752>„ $319,934; mer¬

United States,

1941

record Sept. 25. ' A like
Jan. 2, April 1 and July 1, last;

holder's" of

■

$204,443

surplus
-

$4,176,076
3,264,556

1942

the

dividend of 25 cents per share on

to

directors on Sept. 18 took; no action on a dividend on the
stock, but declared the usual quarterly dividend of 25 cents

The

per

Graton & Knight Co.—New Director—

___i: $3,551,322

a

1

this isstie

common

'.5'..Assets—Cash,; $150,646;

below

revenues

company

common

A

some

3 Mos. End. June 30—

Oct.

on

155, p. 1214.

p.

localities the total number of persons at work is
the 1941 peak.
Cities in which the greatest
increase
in employment has occurred
include Bristol and Meriden,
Conn.; Chicago, 111.,* Anderson, Ind.; Indianapolis, Ind.; Detroit, Mich.;
Rochester, N. Y ; Tarrytown, N. Y.; Memphis, Tenn., and the Buffalo,
N, Y., area."-—V. 156, p. 958.

Operating

declared

Helena Rubenstein, Inc.—No Common Dividend—

,

231,134

profits taxes.

excess

profit for
Dividends paid

General Motors employment at an all-time peak, but
the
average
number of hours worked per week is also at a new
high level. During the week ended Sept. i3 General Motors employees
averaged 46 ^working hours.
This compared with 38.8 hours during
the corresponding week last year, an increase of nearly 19 %.
"Because
of rearrangement of plants necessitated, by the change¬
over from peace-time to-war-time business, employment
increases have
not been uniform in all the cities in which the company has opera¬

General Outdoor Advertising Co.,

have

payable

disbursed

i

•

38,815

Net

is

in

39,312

■

with 20 cents each paid on March 20 and June 10, last.
Pay*
ments of io cents per share were made each month during 1941, and.
in addition an extra of 60 cents was disbursed on Dec. 23, last year.—

$435,577

■

*

Provision for Federal income and

are

and

49,140

during 1941 were as follows:
Jan. 2, April
each, and Oct, 1, 25 cents.—V. 156, p. 352.

common

group

somewhat

$60,747

$47,256 A

$5,453 '

V.

:

j

excise

still

762

50T

43

45

pares

Treasury tax notes of $100,040),

tions,

35,000

$61,509

•

Hawaiian Agricultural Co.—50-Cent DividendThe

the

840,045

salaried

only

35,000
$47,763

Payments

$396,762

Approximately

"Not

2,917

$5,830

stock,
was

20 cents

5,772,704

income

Balance,

v

-

10,523
$96,509

$32,763

declared

directors

The

Ltd.—Earnings—

income

depreciation

the

in

$85,986

7,288

v

$5,497

;

$5,875 1

income

amount

be possible to

sold—

goods

Total

,

employed

V

$8,413

2,917

accruals-

cha rges

-

common

new

Trading profit

U the company's total employ¬
approximately 313,000, compared with

persons

1,032

s.

.

$8,792

income

Dividends

Income Statement Year Ended March 31, 1942
V
_—A——.—$7,009,512

sales

announced that its total employ¬

the highest previous record.

i;; 516

■'

res.

In teres t

recommendations

the

if

Selling a.nd general expenses

well above any peace-time peak ever

further says:

number

net-<
H'-C;;,

$75,475

Consolidated

hourly-rated workers and 59,000 are salaried workers.
12%
of the hourly-rated workers are women.
The
includes most of the foremen and many others engaged
directly in war production.
Employment is continuing to increase at a
rate of about 4,000 a week.
'
"AA ,'.:A.A\ -A >A'-: AA
254,000

for

plans

reclaimed

Gorton-Pew Fisheries Co.,
Net

National Bank of the

Cnase

88,437

,

25-Cent Dividend—

of

Committee

7,664

$7,381

Dr915,239;

Committee report

enough

31,477

•

1,803,485'

1,681,913,

____

/ Balance

tires and recapping materials to maintain its
proposed program if a maximum of 138,000 tons of reclaimed rubber
were made available during the next 16 months.—V. 156, p. 1049.
">>■

the week ended Sept.

announcement

The

also

States is now

United State;

the

in

ment

915.239

Co.—Ready to Build Tires Out of

completed

made

365,574

$8,276

revenues

income,

Non-oper.

calling for the provision of this relief
for tire-starved American motorists are officially put into effect, John
L. Collyer, President, said on Sept. 23.
Recommending strict enforcement of a speed limit of 35 miles per
hour for private automobiles, together with adequate tire inspection,

Company At A Record—

25

Sept,

on

United

the

in

1,023,514

'

treasury stock

61,164

Sept,

on

Total Employment By
■'. .The

has

$548,2ia
340,417.
33,582
88,228

$560,993

3,151

'

;

•>: 8,978

Net oper.

"

tires

of

2,613

1,000,000

$3,085,109

Goodrich

j

company

duction

25 announced that deliveries of war
materials from its plants in the United States and Canada in the
month of August totaled $205,667,029, an increase of $48,774,681, or
31% over deliveries in July.
This brings the total deliveries of war
materials during the first eight months of 1942 to $990,998,529, com¬
pared with total war deliveries of $406,149,273 in all of 1941 (compare
V. 156, p. 781 and 4291.
VA \
"v

ment

F.)

1.942—12 Mos.—1941

-28,382

29,848

•»

Taxes

Z;;-. i2o"iii

1,000,000

_

of the Baruch

Deliveries Gains—

General Motors Corp.—War
The

$33,539

,

$46,578

•

80,999
;

,

'A:iAA'>

1942—Month—1941
$49,716

revenues

Operation

184,171
89,821

par)——

,

AA

2367. '•VvwAAA

p.

Maintenance

.

no

Operating

$3,018,299

purchased and held in treasury Drl,023,514

Total

This reduced the loans to $4,500,000, still out¬
standing as of Sept. 1, last.
■'
'
The loans had been secured from the Central Hanover Bank & Trust
City of New York.—V.

155,

•

Haverhill Gas Light Co.—Earnings—.

>37,976 shares in 1942 and 33,200 shares in 1941.—V. 151, p. 104.»

credit plan,

the

.871,200
24,774

Sept. 23 that this corporation

on

.wholesale

the

President.—V.

Aa

expenses,...—

shares,

Vice-President— 4 j

Berg Jr., .who recently was appointed general sales, manager;
division of iAhis corporation, has been elected Vice-

Henry

of.

_i

Gross

'

.

,

$5,2»0,000 borrowed earlier this year from

the

Co.,

surplus

provide

revolving

and

Reclaim—

v-\Vy,

General Foods Corp.—Pays Part

of

•

1942__

for invest, in
(balance)

^Common stock

604.

;v

1,

(200,000

Surplus approp.

.v'iji
of accumulation our salvage departments this
carloads of scrap," Mr.; Beattie said.—V. 156,

present rate

will handle

April

taxes

stock

Common

outdated rubber stamps to an obsolete

company's salvage departments.

"At

p.

AA;.

payable
payable,

Accrued other

plant, this company will recover and return this year to war
production 380,000,000 pounds of waste material, enough to fill every
car in
100 average freight trains, according to H. J. Beattie, head of

year

:

859,655
37,212

Accrued Federal income and excess profits taxes

of Waste—

Salvages 100 Train Loads

the

AaA'AL-AAvY

222

$48,205

Accounts

power

■r:i

'A

A-,' ■[

/

■

Dividend

(B.

By salvaging everything from

<

(net) __A.-AA

assets

I

*

.share has been declared'on the common

per

|

•

,

,

$3,085,109

Southwestern.

of

securities

'

25,700

,

-

cents

15

payable

Hat Corporation of America—New

.

..1

that the companies sell or otherwise

conditions was

the

1"

1941

of

$1,

par

Period Ended Aug. 31

of a sufficient number of the 56,000 shares of Southwestern com¬
in order that at the close of business Aug. 31, 1943, they will not
or hold with power to vote 5%
or more of the outstanding voting

mon

securities

on

V

'/<,

Sept. 30 to holders of record Sept. 25. ' Thm
compares with five cents, per share paid on April 15, last; 15 cents onSept. 29, 1941. and five cents on April 15, 1941.—V. 155, p. 2279.-

756,075
513,158

Deferred,

Electric to acquire through
and Electrical Securities Corp., 40,000
shares of common
stock of Southwestern Public Service Co. in ex¬
change for 40,000 shares of common stock of Community Power &
Light pursuant to a merger of Community into Southwestern. General
Electr.c also sought through
the Employees Corp. to acquire 16,000
shares of common of Southwestern pursuant to exercise of rights under
subscription

fixed

Total

of General

application

i'V.vV:

624,497

interest

accrued',

$110,512;

payable,

695.

p.

dividend

A

A A ,26,371

bonds

accounts

other

$16,637; Federal taxes on income (estimated) (less U. S.,
$24,960; : reserve for general contingencies, $25,000,,
stock, $500,000; earned surplus, $282,004; total, $959,113.—

' $853,092

_

Canada

of

Dominion

Employees Securities Corp.

E.

1942

869,430

1

Savings bonds and defense stamps—-A,.

U. S.

SEC Grants G. E. Group Extension of Exemption—
Subject to conditions, the SEC has extended the time in which the.
General Electric Co., the Electrical Securities Corp. and the G. E.'
Employees Securities Corp. are exempted from all those provisions of the
Holding Company Act which would require them to register under the
Act as a public utility company in view of their holdings of public

receivable, (net).

notes

156,

stock,

'

.'

to

notes),

//Harvard Brewing Co.—15-Cent Dividend—

$2.31

$642,021
Accounts

,:

pose

Balance Sheet, Feb. 28
/; A .
7">y;

v.

$1,803,485

$2.46- ;;

Young

Accrued

G.

;A.\- A-...A

advances

74,559;

/

$1,681,913
....

and

receivable

accounts

etc.,

common

335,787.

108,275

stock-

treasury

in

common

.

Assets—; .',

and Mr. Swope retired from active participation in the
management of the company at the end of 1939, announcing that they
had done so
"with no reservations because there are younger men
whose experience and capacity have been demonstrated."
They re¬
mained, however, as directors and have served in an advisory capacity..
Mr.

invest,

surplus at end of year__—

Earnings

.•

,

,

taxes,

$2,213,831"

412,039

for

approp.

1942

at June 30,

as

trade

and

Liabilities—Trade

$384,638

1,829,194

$2,202,227

surplus

Surplus

,

*

$398,742

Dividends

Mr.

company."

■

Treasury

Wilson's resignation and that Mr. Reed
already had gone into Government service.. The statement continued;
-The. board
of
directors has,
therefore, mrequested that Messrs.
Young and Swope resume their previous responsibilities.
Mr. Young
will be
Acting Chairman. and Mr. Swope will be President of
the
accepted

fullyn' had

1941
$546,628
41,880
120,111

,

that it "regret-

formal

A

Sheet

$257,387;

(less reserve, $5,000), $52,911; inventories, $298,272; cash sur¬
render value of life insurance, $57,809; insurance deposits, $9,116; mis-1
cellaneous
accounts and
deposits, $983; property, plant and equip-'
ment (on the basis of cost)
(less reserves for depreciation, $334,248),'
$255,297; trade-marks, $1; deferred charges, $27,337; total, $959,113. ,l
growers

1,803,485

profit for year_____
surplus at beginning of year____.;—

Earned

Assets—Cash,

'

V

28—.
>
,
1
; ,• 1942 profit
_________—$623,285
Depreciation of plant and equipment_____^,____,
40,373
Federal income and excess profits taxes____^._w ,o
184,171

.

production executive committee of the board.
statement by the company's board noted

new

Surplus Account

Net

leave of absence

position in the absence of Philip D. Reed, who took a
months ago and is now liaison officer for the

Income'and

Years End. Feb.

formerly its President, were called back on Sept. 18 to their
old
positions for the war's duration.
They will replace their suc¬
cessors, who have taken important posts on the War Production Board.
Mr. Young will have the title of Acting Chairman, filling his former

Swope,

some

of

Statement

„

and George

company,

Balance

Gibson Art Co.—Earnings—

Swope Resume Posts

General Electric Co.—Young and
Owen

Mr.

Monday, September 28, 1942

THE COMMERCIAL & FINANCIAL CHRONICLE

1150

21,000

183,100

139,627

1
1

147

13,852

I

14,123

__

92

:

,

•

2,369

2,198

28,448

1

100,000

25,000

515,000

100,000

$36,024

$12,345

$148,879

*$39,610

j
I

-

Volume

THE COMMERCIAL

Number 4111

1561

& FINANCIAL CHRONICLE

1151

'

International

Howell Electric Motors Co.—10-Cent Dividend—
directors

the

18 declared

Sept.

on

dividend of

a

10 cents per

share
record

Dec.

on

stock,

common

155, p. 2184.

1937.—V.

28,

$1,

par

incorporated in Delaware in 1936

was

the

same

permitted

panies

investment

the

and

predecessor

depression

4

mining

mining

lack

of

unfavorable,

operations,

charters

investment

in

Period End. Aug.
Gross

oper.

Oper.

31—•

&

1942—Month—1941

demand

the

for

base

Commission

metals

in

says

made

its

companies.

1942—8 Mos.—1941

$605,266

$5,472,549

455,217

3,741,864

In

$5,039,030

496,283

3,637,022

taxes

its'

income
have

/

ft $194,620

Operating income

.

Non-oper.
vQross

income

income

♦Income

$150,049' $1,730,685
9,964 ft/.;
83,069

9,859

■

$204,479

S $160,012

143,881

147,620

charges

$1,402,008

86,370

.

$1,313,754

the

outlook

opinion.

existed;

,,

■1
adj; income bonds.
tint, on adj. inc. bonds

that

securities

$1,488,378

in

1,174,455 v; 1,202,111

$12,393

115,679

118,554

$639,299

-:

investors
to

investors

$286,267

945,500

948,433

?

all

at

such

have

$55,081

"Exclusive

:

of

interest

in the hands of the

$106,161
adjustment income

on

able

Oct.

on

On

June

last,

11,

Coupon No. 58.—V.

of

ft

Hudson's Bay
The

of

repayment

shares,
of

of

the

next

pany's

10s,

paid

was

the

to

less

156,

meeting in London approved
paid up on the 5 ft preference

capital

share,

per

is

to

the

at

be

determine.

may

tax,

income

discretion

Jan.

made

1,

of

the

1943,

date

Dividends

of

3ft

the

on

Sept.
and

1,

amounted

law

is

to

in

£140,000.

favorable

more

Kingdom

is allowed

that

Mr.

Cooper

He

the

taxpayer

on

to

buildings

depreciation

than
in

that

out

that

at

the.
the

of

agreed

which can

be

for

used

will

Its

declared

extra

an

be

at

is

Int..

at

investing,

be

denied.—

value,

par

no

disbursed ort July

were

other

provide a
that recent

may

provided

purposes,

their

12V2

1

1, last, while

dividends

of 31 Vs

1941

37%

1,

quarterly

12%

cents

present high level.'

subsidiary

in the United States, Lampson, Fraser & Huth, has
concluded fur auction sales which exceed sales of the previous
year, in themselves an all-time record for any fur auction house in
any country.
(Toronto "Financial Post.")—V. 156, p. 430.

The

of 3ft

year

has

company

dividend

the

on

of

declared an interim dividend for
ordinary stock, the same as a year

5ft

paid oh July

was

1,

last,

for the

the

final

A

ago.

1941.—V.

year

156,

k

Insurance

Co.

North

of

America—Issues

New Personal Theft Policy—
It is announced that an

Theft
sold

Policy—has
anywhere
is

purpose

just

in

Insurance available
The

:

insured

operating

.

the

in

no

the

basis,

thereby

their

insurance,
ctences

The

make

theft

rates

occurring

outside

or

his

within

residence

insurance only

the

on

his

unusual feature

is" $50(1 coverage

Income

War

and

not

in

engaged
of

residences

to

property

the

the

represent

material

a

while
as

reduction

Rates

cover.

of

servants

while

insured's

insured

the percentage basis,

comparable
apartments.'

and

those

from

the

are

service, r Coverage
occupied by him.
in Fire and Marine
for

same

Total income

Interest

1,890,751

106,090

is

The

$5.00.

$15.00.—V.

155,

minimum

premium

world-wide

for

1311.

p.

—

.

12 Mos., Ended Aug. 31—

Gross revenues

Oper. maint, and retire.
or
depreciation

1939
$2,661,631,,

921,363729,346

858,431

816,089

656,864

for

per

$1,294,934

$1,295,317

483,945

Interest charges—504,876

Other deductions

504,875

72,329

•„

__

'71,655*

;

*

-

94,625

.

>124,930

1,

The

1941

to

been
Act

computed
of

Bal., avail, for divs—

$559,481

$718,404

.$713,666

$633,721
* '

—V. 156, p. 695.

,

Insurance Co, o£ North
John

Drayton.

on-Sept.

heart
of

W.

ailment.

North

of

Co.

National

Mr.

and

,

Dray ton

Bound

University

served

the

North

Hospital,

Philadelphia,

Pa.,

Brook

Co.,

and

provision

Bank

&

Trust

Co,,

and

Pennsylvania

Life Insurance Co.,

Insurance

;

directors have

common

This

the

Central

Alliance

Insurance

Co.

director

a

director

a

of

the

Delaware

&

the East Trenton RR.,;
Corn Exchange National
Power Co., Fidelity Mutual
cf

Water &

March

27,

35

-

,

.

cents

paid

during

25 cents each; Sept.

V*

*r"'

ft/.'

ness

30

cents per

share

on

the

26 to holders of record Sept. 21.
June 27, last, and 25 cents on
1941 were as follows;
March 29

on

26, 35 cents, and Dec. 17, 50 cents.—•

'•V'V'*" [•''

<

-P

•'''

'•

'/:•

V'*-

.ft '

Corp.—SEC Refuses

to

\V'!V. '}*/

Grant

Company Primarily Engaged In Busi¬

Assets—^Cash,

have

that

but

continued

of

the

for
in

its

investment

existence,

the

activities,

SEC

on

Sept.

the
23

corporation
denied

the

for an order under Section 3 (B) (2) of
the
Investment
Company Act of 1940, declaring it to be primarily
engaged in a business other than that of investing, reinvesting, own¬
ing, holding or trading in securities either directly or through majority
application

pwned subsidiaries,

types of business.
pany

an

current

for

in

1942.—V.

which

to

year

company

year

ad¬
such

periods

anticipation
156, p.

of

866.

for

Balance

$4,370,358;
due

past

and

notes

$1,786,342

487,210

Nil

etc.,

taxes

for

Other

of

the

fiscal

has

year

receivable

$1,997,397;

assets,

deferred

$2,336,395;

$5),

from

p.

567,684

521,751

t$155,259

payable

b*6

cannot

and,

accurately

for same reason,
cannot now be

estimated
amount of
accurately

■

•

Earnings*—

,

_

1942—8 Mos.—1941

$3,393,955 \ $1,733,238
1,925,328
1,082,187

$2,1,068,143 $11,741,825
11,821,178

7,311,683

575,000

63,000

2,405,000

224,000

133,000

97,000

933,000

income

$760,621

$491,052

$5,908,965

(net Dr)__
(net Dry

rents

233,148

91,496

1,479,587

11,765

22,132

Z 80,434

79,377

$515,714

$387,423

$4,342,944

$2,760,711

taxes-

rents

768,000

$3,438,143
597,854

income.

156, p. 696.

(Julius) Kayser & Co., (& Subs,)—Earnings-

re¬

consolidated

prepaid

Income

total,
sales
of

Cost

surplus,
156, p.

$9,873,000;

$10,353,563;

admin,

com¬

148,658

2,075,920

1,642,076

110,366

1,425,602

1,396,569

Prov.

32,179

Deficit.
tax

believed

for

1942

accrued

subject

not

to

at

the- proposed rate of
profits tax.—V. 156,

excess

Net

$895,331

114,251;
$462,897

ft 283,974
$1,179,303

2,057

680

13,329

2,921

2,375

12,749

14,290

12,853

244,669

237,979

15,080

223,770*

8,440

5,939

6,833

27,929*

214,382

73,158

138,2157

$127,035

$759,028'

Can.

245,000

contingencies

pref.

$348,646
,

1,000,000

&

income

Empl.

866.

■

13,221,631

290,796

taxes

for

Prov.

income

Company

$993,339

12,812,707

21,964

tax—
-

Fed.

for

income

771,018

1939

$14,116,963

1,027

deductions

Miscell.

30

5,685

Depreciation

839,224

103,639

$2,681,653

fran.

*4,435

—.

$889,700

—

67,554

——

13,994,622

$2,503,750

—

exchange loss-

State

Y.

N.

fixed

for

15,783,997

177,903

expense

Interest

$3,889,669

June

1940

"V'

Total income
Foreign

Ended

1941

&

Other income

1942—8 Mos.—1941

$4,308,750

selling

Inc. from operation

earned

960.

Account for Years

1942.

$18,287,748 $14,884,322 $13,161,352

sales,

60,454

opers.

ry.

Note—Federal

45ftV

•

1942—Month—1941

expenses

Net. ry. oper.

—V.

(less

$37,737;

expense,

1942—Month—1941
$298,195
$404,818

revs.--—

avail,

151,000
" 82,492
Z 195.034

$756,679

tax statutes,

revenues

income

facil.

Jt.

International Railways of Central America—Income—

rev.

179,636

65.901

taxes

Equip,

inventories,

$22,103,659;

(par $100),

capital

total,. $31,728,819.—V.

Period End; Aug. 31—

Net

24,907

3,425,368
/

t$20,452

taxes

new

Aug. 31—

Railway oper.

»

■

accounts

,

fixed

cumulative preferred stock

(par

$508,187;

oper.

50,077

70,301

oper.

Federal

Liabilities—Accounts payable,, $347,051; accrued Federal income taxes,
$800,000; other current and accrued liabilities, $661,782; funded debt,

Railway

148,460

$148,542

oper.

Railway

.

,

$4,220,385

3,720,540

18,875
10,452

20,332

■

stock

429,198

)3,452

taxes

income

Net

$6,848,840; 4%

$5,423,076

Sheet, June SO, 1942
and

$53,223;

mon

1942—8 Mos.—1941

$528,882

18,505

Period End.

$402,522

$2.97

<

receivables),

current

taxes,

surplus,

Co.—Earnings—

1942—Month—1941

Kansas City Southern Ry.

ft/;:ftvft;ft/

;

insurance,

Divs.

Iowa Electric Co.—Accumulated Dividend—
The

directors

account

stock,

have

declared

accumulations

of

$100,

par

and

on

dividend

a

the

on

7ft

of

dividend of 40% cents

a

the

6

'/aft

43 %

cents

cumulative

cumulative

share

per

class

B

share

A

Shs.

on

preferred

/-----.
$500,213

$1,110,741

8,200

35,855

40,043

381,451

95,575

388,900

392,000

$729,290

$396,438

*$297,720

$326,985

382 201

385,701

392,000

$1.29

$0.24

$1.83

stock.—

,

account of

on

preferred

stock,

company

or through controlled companies conducting similar
At the same time the Commission granted the com¬

exception from certain provision of the Act.




surplus

Note—The
June
of

♦Net

profit

$255,498

—•

•

1942—6 Mos.—1941

$650,652

$0.40

and

.

excess

three

the

income

profits
with

compares

for

a

and

the

Federal

income

tax

provision

for

For the "first half of

of $32,793.

including

$720,200

the

1942

for

Assets—

income

Cash

Franklin

155,

Clearfield

&

income

profits

taxes

vestments
from

—V.

for

the

100,

bonds

personal

property

considered

are

tax

legal

and

without

Sept.
25

of

This
on

$671,165

—

45,000

17,533

notes

receivable—---

1,871,239

1,660,477

——

81,619
3,640,786
65,635
43,813

51,360

'.

etc.

3,914,432
67,173

55,302

free

are

1,327,324

1,529,851

2,475,502
1

2,484,700

'—- $11,604,186

$10,451,993

_———-

equipment—
Patents, trade-marks and goodwill
machinery and

buildings,

Total

■

;

———

—;

1

LiabilitiesNotes

payable (banks)

Accounts
Accrued
Reserve

payable

:

$163,073

taxes

&

277,515

554,619

292,409

713,848

218.512*

(par

$5)

surplus

Capital:' surplus
Treasury stock

---■
—

—*—

278,975

25,529?

2,420,605

2,420,605

5,497,809

—■——-—■———-

—

stock

Common

Earned

$500,000

_——.——■——-——

————

and other liabilities—,—
for Federal and Canadian income taxes
wages,

Reserves

in-,

limitation.

consolidated

tLand,

Brothers—SWa-Cent Common Dividend—

common

18.

cents

1941

$1,253,177
800,091

——

accounts and

debtors

Total

dividend

voting

of.

4,733,470

2,491,358

2,493,552

Dr516,100

Dr509,600

397.

Jenkins
A

bill

Investments

RR.—Secondary

savings banks in New York and California,

Pennsylvania
p.

The

—

Prepaid taxes, rents, insurance, etc.
in and advances to subsidiaries,

2280.

p.

revenue

1942

hand—

certificates of indebtedness——
Government bonds—

Deposits with mutual insurance companies,

bonds, which have been assumed by the New York Central RR.,
are
secured by a first closed mortgage of $11,000,000 on 116 miles of
line serving as a feeder from the Pennsylvania coal fields to the New
Ohio.

the

under

■Inventories;

tax

The

Ashtabula,

rates

S. Treasury

♦Customers'

Offering—A group headed by The First Boston Corp.
including Kidder, Peabody & Co. and Stroud & Co.
made a secondary offering Sept. 23 of $963,000 first
mortgage 4% bonds, due June 1, 1959, at a price of 50V2
and interest, less 1 point concession to dealers.

at

the

.

Canadian

and

Central

at

demand deposit and on

on

Sundry

corresponding

the

excess

contingency reserve totaled $422,010.—V.

Jamestown

and

Consolidated' Balance Sheet, June 30

$0.41

Federal

ended June 30, 1942; the provision for
to
$647,600,
including $516,200 for
the contingency reserve was $242,085.
This

$1,233,600,

was

1941

of

as

$177,846

$1.72

provision

amounted

and

Act

passed by the House; and one-half of each tax so computed
considered applicable to the current year.

was

months

taxes

taxes,

on

Revenue

U.

Note—For

Federal

passed

as

1942

$152,997

$0.67

„

interest

provision for Federal income taxes for the year ended
computed in accordance with the revenue bill
by the House of Representatives.
The tax was
income for the entire year at the rates in effect under

1942, has been

30,

1942

the

1942—3 Mos.—1941

Earns, per com. share—
♦After
depreciation,"

$2.92

com.

on

♦Deficit.

(Byron) Jackson Co.—Earnings—
Period End. June 30—

380;901

—

sh,

per

——

outstand¬

(par $5)

Earns,

par

stock

common

common

ing

the 6% % preferred stock.—V. 155, p. 2458.

on

on

Balance,

share

per

class

$100, both payable Sept. 30 to holders of record Sept. 15. Like amounts
were
paid in preceding quarters.
Accrued and unpaid dividends at
July 1, last, amounted to $58.62% per share on the 7ft preferred and

York

Other Than Investment—

Contending
never

'.-//•.*'■

Mining

\ International
Order Declaring

ft_
____

$536,970;

•

dividend of

a

156, p. 80

ft; V."**•':

accruals

the

the

rates

on

purposes

changes in tax

$751,342

(or def.)

not
.

declared

Payments

1942.

and June 25,
V.

with

successive

!;PMi

accordance

•

quarter of 1941

stock, par $18, payable Sept.

compares

31— ■
——£

charges

800,000

.

share

investments,

Co.

and various other organizations.—V. 156, p. 514.

Cent Dividend—,.
..The

of

for

based

are

comparative

entire calendar

Additional

books

rates

taxes

computed

Steam Navigation Co., Ltd.—To Pay 30-

Inter-Island

the

periods

For

reflect

$3,526,939

costs, (except

security

Cr 1,921

$2,629,465;

provision
)

■!

-

Consolidated

serves

a.'

director of, the North Pennsylvania RR.,

a

to

$3,046,183
rates.

10,555

taxes, etc.
and

President

President

RR.;

of

.

also

current

1941.

periods
over

tax

68,534

passed by

anticipated.;

Companies,'

Philadelphia Fire & Marine Insurance

Insurance

<■

,

was

for

of

in

employees' participation in-net income (25ft )
determined,
tDeficit.:—V. 156, $. 866.

operations of Union Potash & Chemical Co.' from
date of the merger with International Minerals &

in

as

to $54.43*4 per

*

America

Vice-President of the

as

Philadelphia;

Security

cjf Baltimore.
:

of

America; Indemnity Insurance Co. of North America;

Insurance

Co.;

the

also

He

America—Obituary—

Vice-President

22 At

tax

♦Amount

with the terms of the proposed Revenue
the House of Representatives in July, 1942.
has been made for excess profits tax, as no liability is

1942,

accumulations

"

died

Act

the

on

pending passage of

329,934

Chemical Corp; are included above.
(2) The provision for Federal income

$1,242,596

487,026

taxes

—

increase

taxes

Depreciation

316,181

year.

common

Notes—(1)

;
income

Net

of

28,061

'

602,946

$1,136,685

local

and

1940
$2,810,612

1941

$2,945,641

$310,071

Crll4,130

12,245

66,198

applicable.

were

income

revenues

Railway
profit

Earnings

*

979,253
955,043

.—

Federal

347,191

472,336
:

Provision for Federal income taxes

Income

1942
$3,07.0,982

income

made

Fixed

$1,234,489
177,219

—16,000

——

Net income

Indianapolis Water Co.—Earnings—

Crll4,130

1,968
5.432

depreciation)

40,482

————————

Charges—

.*

„

2,131

anticipation

Social

24,649;
177,895

$3,677,377
215,026

—

Profit on foreign exchange

resi-ft

coverage

Cr9,511

216,609

:

taxes, fixed charges &

93,515

disposal of fixed assets, net—-

Provision for State income taxes

There is one rate page for the entire country.

minimum*premium for insurance restricted to the interior of the'

216,609
*

-

.

5,812

Period End. Aug.
Total

$938,430

32,233
18,690

expense

Loss on

previously

private

1,425,000

.

18,051

CrQ,511

—-

been allocated

been

//;

Kansas City Public Service

1941

$31,728,819.

or

issue..

the Revenue

increases, in

$5,151,013-

,

>,.«•.

(net)_v..,1

♦Net income

any¬

on

by

nave

have

$2,263,546
1,325,116

1

100%-

may

attended

and

for

inside

1,425,000

$263,909

in

adjustments

(& Subs.)—

$3,520,364

profit

Miscellaneous

No

-

computed on

and

residence

is

loss

and

policert size.

be written to cover world-wide, there is
It provides full coverage to personal effects in auto-,

other

are

charged

Is

be

bond

Note—Federal

Corp.)

not consol—

Its

reducing the agents' sales problems.
There
insurance is automatically reinstated after"

An

custody

at

Rates

It

may

Louisiana.

and

whether

applies

and

structure

insuring

It

company.

York

owner,

policy provides

clause

deductible.

in

this

rating

of

occurring

The

charge.

without

mobile

and

privilege

by

New

property

every

Savings Bonds.
,
.Although the policy
no

except

contract

loss

or

world;

vacancy

loss,

introduced

S.

Dr82,849

118,750

18,051

income

imposed

*•

$5,411,115

——

Dividends received from affiliates,
Interest earned

*

only,

where

is

U.

to

has

residence

blanket

been

the

simplify

to

entirely, new and'unique cover—the Personal

-

$5,113,258
:37,755

$4,652,105

.

premium ";,

interest

general
Net

July

*

15,390
$444,761

,/

118,750

justments made in earlier

$18,122,891 $13,631,747
12,711,776
11,368,200

_

goods sold

operations—
Selling and administrative expenses___

/ Net

i Indemnity

debt

deductions

Operating

163.

p.

$4,734,954

disct.,
issues—

net

on

♦Accrued

1, 62%

1942

sale3

Net

Cost of

Depreciation

current

291,584
.'

Consolidated Income Account, Year Ended June 80

Depletion

Imperial Chemical Industries^ Ltd.—Interim Div.—

v

debt

outst.

Net

each

9

Agricultural

$429,371

Dr4,492
$399,142

& redemp. prem.

Jan. 2

on

cents

just

.

oi"

Miscell.

record

Oct.

extra;

605,588
347,620

$403^34//

p:

refunded

on

per

:\

and

>;■

38,097,/

64,860

(net)_u-

long-term

on

exp.

follows: Jan. 2 and April 1, 37% cents

were as

cents

1>506,357

45,801

.,

income

General

cents

holders of

to

1,702,018

1,638,675
^

taxes

Income

income

Amort,

cents per share on the

both payable Oct.

only regular quarterly

last,

of

1,707,695

140,542

' '

'

Othe>

of

International Minerals & Chemical Corp.

Canada continue.

maintained

to

must

dividend

788,073

146,828

•

2,19,7,549
/..ft ft
•'

ft,ftft.v,;

■

profits

inc.

oper.

on

Gross profit from

Cooper does not expect that trading profits from Canadian oper¬

ations

excess

6,475,184

880,762

2,193,252
■
.'/ft

142,383

Income

6,983,664

76,429
184,220
.ft/ft

—144,358

Gross

/.ftftftftft'ftv

July

State

Fed.

Net

rates

a

as

trends of earnings in
Mr.

have

ft-.*

miscell.

taxes

of

that

securities,

62,440

•

&

1

Last year's

points

charge against profits in Canada.
suggested that the existing depreciation account

surplus

trading

other than

cent?; and Dec. 27, a special of $1,—V. 155, p. 2367.

in August, plus another
to be applied from receipts

Cooper, Governor of the company, told shareholders.

United

business

or

holding

paid.

each;

&

1942—12 Mos.—1941

577,649

Inter¬

on

their capital.
that
International

declaring

a

(Formerly International

depreciation

Canadian

in

rely

Co.—Earnings-

181,928

local

♦Addlt.

the security of

order

an

to

and

sources

the

on

invest¬

;

ft- Payments during

company's depreciation provision is likely to decrease over the
few years until it reaches a figure of about £ 120,000 annually,

A.

for

Like amounts

19.
April

were

paid

were

stock,

The

P.

these

share and the usual quarterly dividend of 37 V2

of land sales.

next

from

engaged

owning,

directors

common

—_■//.

taxes

and

policy for

1051.

p.

State,,
Federal

would

mining ventures, would be invested in

returns

primarily

The

annual

payment

directors

shares,

V.

on

time, shareholders authorized an increase in the com¬
by £600,000,
the amount of the capital repayment-

as

future

share

per

$1,593,136 $19,092,210 $18,074,022

591,266'

Maintenance

rather than invest

their-money

$1,636,669

Depreciation

International Cellucotton Products Co.—Extra Div.—

10s.

£3

This

of

some

$1.50

1942—Month—1941

revenues—

Operation

Amort,

which, income tax is not payable,

on

lft

of

preference dividend.

same

ordinary

three-fourths

recent

of

amounts

capital

mentioned,
2!/-,

the

at

directors.

the

At

•

£1

which

board

of

in

investment

reinvesting,

1050.

p.

that

oper.

Federal

exploration

application

present

Co.—Capital Repayment, Etc.—

shareholders

The

-

interest

told

of

ft

Period End Aug. 31—

Total

portion

securities.

national's

adjustment income bonds will be pay¬
presentation and surrender of Coupon No. 59.

156,

; ■■;;;/
.-find
that, without
International could not

development, it is also true that
given to understand, clearly and unambiguously, that
their funds as, in the discretion of the management,

are

anticipate

the 5

1, 1942, upon

been

dividend

a

Kansas City Power & Light

"We

Earnings have been overwhelmingly the result
investment activities, and investors in International have been led

$306,201
$662,166
bonds.
tOutstanding.

I Interest Payment—
on

large

a

declared

2458.

p.

subsidiary

taxes

mineral

part

ment

public at 5ft>.

Interest of "13A r/<t

times

also

securities

be

would not be invested

Deficit

said:

investment securities,

long as -it finds it profitable to do so,
mining ventures."

as

controlled

.

$60,598

for

Thereafter

of its assets has con¬
sisted of investment securities; that International's history, its
public,
statements, and its present intentions, indicate that it will continue to
engage
in the business of investing and reinvesting in
investment

devoted
.

Commission

through

July 1, 25 cents each; Sept. 25, 50 cents; and Dec. 23, $1.

directors

shares, payable Sept. 29 to holders of record Sept. 18. This
compares with 50 cents paid on June 25, last, and $1 on March 25,
1942.
Payments on this latter issue during 3941 were as follows:.
March 28 and July 1, $1 each;
Sept. 25, $2; and Dec. 23, $4.—V. 155,

■

the

conclusion

realized

While
Net inc, avail, for int.

The

founders

com¬

trading in securities generally.
Soon after
launched operations in 1929, the world-wide

company
invested almost all its assets in diversified
rather than
any
promotion and development of its own

$690,903

revenue—

expenses

March 28 and

a

of both

mining'

the

| Hudson & Manhattan RR.—Earnings—

to

successor

as

The

and

company

and

organized in 1929.

name

companies

payable Sept. 30 "to holders of
Sept. 24.
A like amount was disbursed on March 20 and June 20, last,
and on Oct. 30, 1941.
The previous payment was 12'/2 cents per share
on

by

company

The

37%

cents

stock,

par

compares

March

25,

per

$25,

with

1942.

share

has

been

payable Sept.
12%

cents

Payments

declared

23

paid

during

holders

to

on

June

1941

the

on,

25,

were

of

record

last,

as

♦Less

non¬

and

follows:

—

$1 871 239 and

discounts

revaluation
and
in

less

of

reserves

1941.—V.

155,

$11,604,186 $10,451,993

$1,660,477 reserves for doubtful receivables and

tLcss appropriation for
surplus at Jan. 1, 1933,.
for depreciation, $5,710,705 in 1942. and $6,485,555.

and
1941, respectivelv..
$2,608,461 made from capital

1942

in

p.

1838.

THE COMMERCIAL & FINANCIAL CHRONICLE.

1152

Oct. 10.
against
follows:
July 28 and Oct. 28, 10 cents each, and Dec. 15, a

Kendall

156, p. 783.

cents.—V.

year-end of 25

"

Lamson &
A

cents;,jq
6ct, 1, 45 cents; and Dec. 26, 50 cents.—V.

stock

/,'yyy''y'1942

;

,

since

The

and

51,166,948

3,562,432
529,272

247,113

194,138

income

•

.

304,157

retirements—.—.

Sundry1 taxes

Sundry

corp. -expenses

charges
for

Reserve

district.

44,242,781

36,515,524

:

(no

par)

2,827,249

''

«'

'

'

'

of
•ViV 238/08
•'

.2,000,000

V•*'

declared

have

directors

The

obtain

•

"

stock,
pares

the

Robertson has

M.

Morriil.

H.

extra

V.

had

4

for

'■;/ V.;\-

.

156,

as

.•

■

■

/%%>/

y ,y...

,V:

1942

6 Months Ended July 31—

———

tax.

income.——^—

and

"Income

State

1942;

and Jan.

taxes......

"surplus——^.

profit transferred to earned

819,559

:-'10,695
$0.32

Assets—

.•

Cash in banks and on

—;|v

Federal and State excise tax

stamps and crowns

,

-

share

com.

~

-

the

the

■

r

?

*

,

on

upon

:

1941

Other

Earned

is

after

the

being

"After

($1

.

61,427

of $1,067,689

in

2458.

1942

;■

—

yybldgs.,

1940

and

122,643
54,978

250,000
2.357,702

1,375,957
45,876

$5,554,865

1942

$5,090,210.

and $908,931 in

1941.—

*

.

Other

Ended

.

1941

,

;;

/

1940

;;

13,673

27,683

y—y—r

tG.95,083

,y, 642,367

t291,883

§10,829

117,817

14,322

453,179
§6,944

$648,182

$770,361

$304,354

$624,661

19&.350

"545,463

626,815

y

24,047

y

,

2,910,185

4,014,430 y 4,886,664

.

'•

exps.

deprec.

-'

structure

and

^

t

5,659,65884,767

,

400,000

and

203,062
1,566,018

191,089
1,608,616

•

>

400,000

400,000

$0.76

$1.92

.

$7,253,693

$1.56

.

in 1941, $3,867,889*

in

also

for

Shares
'

period—,"—./ $2,279,231

_yy.—.'yy—

$3,639,318

$5,534,927

3,700,000

5,500,000

$7,070,767

*

2,200,000

/ 8,000,000,

1941

>

Earnings,

per

2.000,000

$1)_—'

$1.14

"

share

2,000,000
$1.82

2,000,000

'

'-. Balance Sheet
Assets-—Cash

in

bank-balances,

$3,316,790;

bullion

on

hand

in'

receivable, $4,662; Government war con-,
tracts, $44,104; supplies on hand at book value, $557,281; investments,
$791,398; shares in other mining-companies, $300,000;. buildings, struc¬
tures and equipment (less depreciation), $528,401; insurance and other
reserves, $775,290; sundry assets and prepaid expenses,- $246,916; total,$6,867,831/.:
y /
■;
y y"y
:V.;
y:
transit,

$302,989;

accounts

.

income

$1,874,345

payable

taxes, $950,000;

and

478,630

payable—

tax

-1

accrued

charges,

$226,225;

$To

1

—

acquire

Agent—.

.

' 2,000,000

company

696,

y'y

•

y'-':

/y.

y

/-

'■

;

-

The
the

directors

common,

Sept. 22.

In

$52,450.98.
ceive

•:

$4,281,351;

7

;

•

1939

1940.
$167,276

'

y

.

$165,135;
'
t
'

banks and cash on hand, $580,725; U, S./

payable, >$71,672;

accrued

and

taxes

other 'ex¬

capital stock in treasury (22,400 shares,
total, $4,371,139.—V. 155, p. 2459//;; ; %■/', //"'%
-

Ltd., below.

7

have

from

adopted

Magnavox

a

.

resolution

the name of
Magnavox Co.—

changing

Ltd.,* to

Co.,

the

/:*yv;tyyv: y'

-

,"y-'s>,jv"r

stock,-

'y.".':

-

156, p. 432.

*

/

cents per- share on the

value,^payable Get,-2* to holders-of record-Sept.; y
April-2 and July 2; last, and on April 2,5

*

Marion-Reserve
Period Ended Aug.

Operating

1941.—V. 153;> p. 2459:

/-y

y^

•

Power;;Co.—Earnings—

■

.7

$4,022,677
;y 21,923

$3,648,762;
26,815,
$3,675,576'

.

,

$331,753

$4,044,600

155,303

1,796,265

'26,373

23,620

303,664

,

503,771

329,851

i.

,

'

'

.

.

32,110

18,993

for refir.

reserve^

:

1,624,013
266,703

$348,300,

1

taxes--—/ // 41,572

profits

,

,,..156,858

revenues_r„__

taxes

„

217,660

36,138

198,868

423,332

370,789,
$885,353

16,050

36,428 -/

Maintenance

Prov.

1942—12 Mos.—1941

,

Federal income and exc.

-

' y'xy7;7;

%•

31-/y 1942^-Mohth—1941
;
$346,587, / $330,046
1,714
.
V708

revenues„_._

income—y

Operation

/'

par

no

A like amount was paid on

Gross

"

,

'

Net

lilt.

present fabricated form the aluminum is valued at
Under the Government basis of valuation L/O. F. will re¬

have

stock,

Months

Ended

income

after

:
-

declared a dividend of 35 cents per share on
$20. payable Sept. 30 to holders of record-

A like amount was paid on June 30, last, as compared with

* *.

'

{•< 11''

'4

t




-/.»

•-oyHiu. y

all

share

per

30—

June

y.

•■.>J/

-•

"

-

Int.
'.

$68,035 /

mtge.
serial

on

Other

deducts,;

$799,908
271,250

2,546

27,926

32,419

253

notes._--

22,604

2,171

debt.——

$68,531

22,604

earnings—---™

011

333

4,274

CV2.676

$496,457

$584,360

271,250

'

net—'

on

'

Dividends
directors

Decreased—
have

the-class

on

declared

quarterly

class B

and

A

;

cents
were

Dec.

each

paid

on

as-follows:

30,

25
1 ■'•

yyt:

•

'.;»>'»
c

April

April

cents
,

$51,041
$0.56'

each.—V.
*

yy:(t

-1

*

•>.»

;

stocks,

'/

of

no

IV2 cents per
par-value,-both

This compares with 12 Vi

19.

Bal

-V.

;

156, p. 784.

A

dividend

Payments
cents.—V.

p.

1313.
1

;

-

1

.

•„

'nu

1

\k.

«)'■,. t-ji

y'.y.rrj

13,461

;/

'/

161,530

.161,530

; $334;927

$422,830

13,461

;

$29,588

$29,576

com._.
.

yr -1

•»/4

pi'firX-".

of

20

cents per share has

been declared

31

on

the common-

A similar distr'ibu-;

stock, payable Oct; -31 to holders of record Oct. 15.
tlon was made on this issue on Jan, 31, April 30

155,
t.ji

$43,048

■$43,036
$5 pfd—/

Marshall Field «fe Co.—20-Cent Common Dividend—

July

-yi>'>./•■• a/k.-kc,'

on

avail, for

and July 1, last;
Payments during 1941
July 1, 30 cents each, and Oct. 1, and

1
and

1

dividends

common

income
accr.

;

'

;

-

„

Net

Divs.

"1941

taxes—$25,756
89,558 common shares__
$0.29

"Adjusted.

The

'.:/'ryy.'

.

1942

charges and

payable Oct. 1 to holders of record Sept.

par

'/'■■■•;'.

Liberty Loan Corp.—Earnings—
6

j

..y,

stockholders

corporation

Non-oper.

of

treasury

its

$19,922.58 for the stock.—V.

1941*
$80,115

'

.

,

fronts.

share

Laclede Steel Ca.—35-Cent Dividend—;

;

in

July 2, Oct. 2'and Dec. 26,

1,111,716
; 38,450

18 turned over to the Government for use in
building bombers its stock of 82,233 pounds of aluminum, it was an¬
nounced.
The aluminum originally yas fabricated for decorative store

Eaniings

y

has* reappointed the Manufacturers & Traders Trust
Co., Buffalo, N. Y., as co-transfer .agents for its capital stock.—V:. 156,'
p.

.''y;/-'

y

.Vf.

Co.—New Nanie-r-";

151, p. 850.

common

Sept.

Net

Transfer

1942

Magna vox Co., Ltd.—Changes Name—
The
the

30.

Libbey-Owens-Ford Glass Co.- -Aluminum Stocks Go

on

.275,000

% " '$1.50

Balance. Sheet at May ,31 ,. 1 lit'5..,.

;

..

See Magnavox Co.,

General

'"Company

y

Manning, Maxwell & Moore, Inc.-^-25-Cent Dividend—*

of

shares of company's capital stock in
consolidated herein.—V. 155, p. 2281.

3,000

company

269,600

^$1.44; %;li%;$l.40

surplus/ $1,193,740;

345,145

$5,918,161

—~

—

for depreciation

reserve

subsidiary

pro-;

'

The

y'

The directbrs Trave declared a dividend :of 25

$1,354,504 in 1942 and $1,277,195
tlnvestments in and advances to foreign operating companies/

"Less

258,349

246,500
$1.44

t

*

fcSsyyi/w,"4117,909/.;

276,325

for

Total
-

$775,290; capital, $4,916,317; total/

reserves,

$6,867,831.
^

—„

share

Magnavox

;

$586,615

'

contingencies_%i%—-l,i.yy :yv 507,334
capital-stock
y——y%—__>^r__y 2,000,000
Earned surplus
,'1.036,302'
tLess surplus .used ——y—y——, 38,450
Reserve

;

•

,

Liabilities—Accounts
vision for

par)

Liabilities—Accounts

y

■.

accrued interest, taxes, etc—

Accounts payable,

to Government—
and

301,749

319,125

.938,308,.

$1,350,165
y 357,499

$5,918,161 ..$4,281,351

;,;i;Liabilities

$3.53

;./*•'

-

295,544

:^/%%y/ V

at cost), Dr$302,477;

—

2,000,000

$2.77

...

at June 30,; 1042

as

$1,369,028.

.

provision made for excess profits tax.

earned

(Incl. Domestic Subs.)
v *
1942
1941;;
"Capital assets _yJ„
—$1^39,471-;' $1,387,801
Cash
1,112,518
623,608'
Accounts receivable, less reserve—
787,387
622,957
Sundry debentures
' 94,111
81,679
Inventories
2,409,145
1,394,934
tlnvestments ;
%
L '
143,358
142,995
Trademarks, trade names, etc._—1
1
Prepaid expenses
32,171
27,376
;

-

'}i

$1,452,866

992,666 '

$37,502;
advance rentals,
sales; of advertising space, ; etc., ;
estimated provision for Federal" income and excess profits
taxes, $390,000; reserve for contingent hockey expenses,. $10,000; capi¬
tal stock (268,900 shares, no par), $2,798,259; capital surplus, $144,791;

§Loss.

gain on exchange conversions.

capital stk. out-

standing- tpar

$1,512366*

$411,857-

$376,362

.-

.

$27,652;

profits tax for 1940 and 1942 periods, respec¬

'Assets—

in 1941.
Profit

,

Dividends

$385,586

1,067,279

penses,"

expenses,

y Consolidated Balance Sheet, June 80

445,623

1,367,114

$355^544
1,157,322

,

,

(less,
cost,$13,904; U. S. savings bonds, defense series G„ maturing May 1, 1954,
at cost, $50,000; investments in-and advances to -a wholly-owned sub¬
sidiary, $27,247; land, at cost, $1,612,704; buildings, equipment, and.
lease
improvements,
at cost
(less allowance for depreciation and
amortization, $3,083,848), $1,658,491; prepaid, expenses and deferred
charges, $72,134; total, $4,371,139.
y- y ..
. ^
%.%;•
y.y;-';y

tNet profit from operations ofr Canadian subsidiary companies

tively.
and

y

1942,

11,545
172,067
84,727

81,297

"

Treasury notes, tax series B, at cost, $300,480; accounts receivable
allowance for doubtful accounts/$2,023)/$55,455; inventories, at

1939 for cost of goods sold, selling, general
tlncludes $35,000 and $5,250 provision*

in

$5,873,381

administrative

in

400,000

i

$1.62

$9,697,488

deducting

*

.

218,353

taxes^y^y X; 813,955

for

83,586

,

"

on

4,382

2,402.928
16,175

10,616
117,110
163,740

j—

y-.v* .r7:7;,._

outstdg,

share—-

per

•;y;.;-

2,235,795
y

150,727
155,732
1390,000 y ~ ,119,330.'

tax

3 Mos. End. Aug. 31—

$106,004%;,- $79,198-

/

19,215,

23,551

22,240

——_

inc.

4,167

;y»Aftei^ depreciation and other charges.* '-

:

-

$143,546

1939

$3,099,291

"Includes estimated losson
New York World's Fair 1939 debentures of $10,069 of investments.'
^Estimated provision for Federal income and excess profits taxes com¬
puted under the Revenue Act of 1942 as passed by House July 20, 1942,-

$1,084,784

634,720

1940

2,260,636

—

Fed.

(no

y"No

79,536

$13,462

:

1941 •

2,383,269
i!

mortgages..

Earnings 'per

$1,057,101

^

1939

$9,428,828 $12,304,883 $14,627,930

..

for

ing

$591,916

h 'I-

(& Subs.)—Earnings—Years Ended May 31

sUrp., May 3Uy$l,193,740 > $1,157,322
$1,067,279
$992,666
'-Common--'shs. outstand-yy /■/.;''. y.7••y>

$1,136,637

32,812

f

9 Months
"$5,581,464

-

.

Earn.

Dec. 31,'39

$613,193

$1,394,910

>

,

——

'

June 30,'40

34,950

—

•

dn the amount of $220.000.—V, 156,-

>;jy;yyPi942

.

yy:'y.y'

Ended

$578,243

y

j

3 Months
$2,139,937

Nef profit
llarned. surplus at begin.
pf period

yyy'. ryy;. 6 Mos.1 -'j(yy 12 Mos.
1194

1942—

—$3,301,780 ;, $2,930,032
$2,884,922
& adminis.
Jc-y.iy-yyyyy •.

deductions

Prov.

V.

$9,404,781 $12,281,332 $14,608,715,.

equipment
Provision

'

y

44,764

common

in

$6,221,726

.

Operating expenses
Prov;.-for

'

'

t

taxes

Totai'.

72,613

(par -$5)

Federal

Administration

f

!

share was recently declared dn the common

per

for contingencies

Depreciation

156,

$1,354,095

'(

230,422

$6,191,672
30,054-

productions^-—

income

12

y

gen.

expenses
Interest on

After

$1,362,098

dividends_i—

,.:..V >

166,849

-

before

reserve

y-'v.)-

value

y—

Surplus

"After

y

_

paid

77,309

.

p rof i t

<

y: 235,783

45,876

the $104,507 par
for the shares.

between

price

foreign opers.

fr.

Common

$259,000

1,497,859

-

depreciation

Years End. June 30—

Total

and

,

t

Income

•;

'

$5,090,210

2,357,702

yy

Interest

,

months'

seven

75

.

$1,386,640; $1,434,711

income-^.

Net

2,618,581

250,000

par)—

783.

V Lake Shore Mines, Ltd.—EarningsBullion

the-

If

1941.

Dividend—

Consolidated Income Account for

taxes on the

p.

$1,309,331

"

—1

Total
<

fi

Inc.—$1.25

Assets—Demand deposits

562,011
.

1

V. 155, p.

the

for

income
i

,

^ Madison Square Garden Corp.

the corporation will be charged with

the

and

—

Federal taxes

■.

54,978

surplusfor contingencies ~n^r-r

-

of

Act

Revenue

excess

increase

83,887

,

257,703

;■

it*, u s,

investments in subs.

an

proposal of
normal and sur¬

Congress.—V, 156,

12 Mos. Ended June 30

expenses

Total income

418,363

144,798

-,u.i a

of

$4,13

Committee's

providing for Federal

difference

purchased

for possible Federal excess

—

surplus

Reserve

profits taxes by the

excess

ended July 31, 1942, generally

payable

with

income

"Net

923,784

y 240,191

expenses

$3.13

>V--y:y (Including Domestic Subsidiaries)

••

Depreciation

$0.40"

returnable

trade on

f> boxes and bo t ties i.J.y

Capital

$1.25

of

$10,

par

•After

$417,091

255,757

the

Reserve for revaluation
stock

and

the

31, 1942, would be reduced by $444,000 br¬

Bleachery,

Period End. June 30,
Net

33,750

stock¬
proposal to reduce the capital of the company
through the retirement ,of shares, pur¬
1932, to September, 1942, at an aggregate cost

a

Balance

$450,000

y.;

1,894,206

$1,982,377,

yy;y;;y:-;'y:

after

Earnings

bank

"faxes-, payable-Deposits refundable to

Common

with

Lukens Steel Co.-

4,404,702

a$d 45%

profits

excess

1941

for

to

this

Period—

"Profit

62,500

;X

-

Recounts payable, trade^

Accrued

income

net

p<-2783,

p. 2368.

providing for Federal income and

the Senate Finance

of

basis

vote

shares

Shares

:

20,564

$2,774,581

Sept. 26 to holders of record Sept. 22. This
cents paid on June 25, last, $1 on April 20, 1942, i
and Jan. 12, 75 cents.
Payments during 1941 Were as follows: Jan. 11
and April 14, 75 cents each; June 25, $1, and Sept. 26, $2.—V, 155,

corporation will hold its yearly meeting on Oct. 21, when

Profit

$5,554,865
»

Notes -payable,

Federal

accordance

consolidated

and

dividend

A

stock,

Compare

1,495,739
• 86,491

$0.67

r„'> ;yy,y;y

i."

.y;

hand

Liabilities—

for

in

periods ended July

Lowell

6,619,955
:

V

11,250

the basis of the Revenue Act of 1941 plus

on

$2,086,884

yiy..y ' -yy

$102,054
•

.

v

23,693

—_

companies for Federal income and excess profits taxes for the
months-ended July 31, 1942, would be increased by approximately

Dividends paid

'

610,041

y.

—._y—...128,577
Sundry receivables and U, S. war bonds—29,047
Containers on. hand, less res. for deprec,, etc,.i
v.
580,891
"Plant and equipment
—
:
2,701.879
Prepaid expenses and deferred charges
•
59,157
on

70 cents.

37,000

91,345

-

seven

;

y.Lehn & Fink Products Corp.—Earnings—

.

!•' V.-'-"-":11942 •
hand-.——$594,625
(net)-.
850,647

■

.

the

common

charges capital surplus would be reduced to $81,871,927.—V.
p. 783.
**
•■
V.

68,912

receivable,; trade

Inventories-

1

such

Comparative Consolidated Balance Sheet, July 31

Accounts

1942,

26,

made

each period.—V. 156,

the

declared oh

884,521
-312,265

y

154,271

income

$2,001,468,

33,613

122,127

$85,315
31,250
$0.34

Earnings per share on 250,000 common shares—
,y.

'C$2,607

adjustments——..

pending .1942 tax bill is- enacted in the form in which it- was passed
recently by the House of Represen tat ives, the provisions required by-

$326,707
...

107,322

;

taxes

chased from September,
of $2,105,975.
Capital surplus of

' 14,571

133,498

Dividends paid

:

250,000

' $3,097,738

Note—Provisions

have-been

"Financial

(Toronto

Dividend—

1942

Net

deductions

12,769

58,233
37,000

y

capital expenditures

acquisition

-

58,027

Crl92,677

expense

companies for the seven months' period

months'

requir...

on

holders will

taxes and surtaxes

Provision for Federal income
-

Miscellaneous

$444,000

share has been

per

,-V

construction.—

to

160,227

160,227-

:y Net income

Lehman Corp.—To Reduce Capital-*-

866,644

29,170

—'

depreciation..:

Fed.

per

Net

The

$312,136

$355,305

income
from

increase.

Co.—30-Cent
cents

charged
plant

of

Amort.,

Oper.;

$2,471,942
1,293,161

;

bef.

inc.

from

$332,571
22,734

Other income

for

Interest

> *
i
f
• ,
1
> <
little belpw thpse of last year

this

basis of the revenue bill then before

sales,

Operating profit

Total

30

of contractual

rehabilitation

and

11,030,450

l,030,450s

exepnse—-

—,_.y.

Amort,

-

corporation tax of 90%

of

Provision

602.

and

interest

flood

;

$4,232,984

$4,364,036

i

discount

,

,

of

"Net income for 1942 is after

'

Deductions

share

debt./

of

572,142
1,421,500
1,428
1,145,508
1,034,347
549,527
122,087

$4,166,019 ' $4,007,799
198,018
225,185

—___yi~-w-^debt

of

Amort,

1942—8 Mos.—1941
1942—Month—1941
31——$2,756,476
$2,432,083 $20,775,655 $13,423,203

estimated

1941

y.y

"after excise taxes, discount
and allowances :_A—$2,779,170
Cost of pmducts sold
1,412,901
Selling, dlwery and administrative expenses—
1,033,697
from

>

1,189,236

*

103,880

funded

on

I

„1,179,006

—i,

.

3,823,494

taxes.— ——1,540,825

income.—.

income

compares

dividend

Co. (& Subs.)- -Earnings—

(G.) Krueger Brewing
Income

Other

work, both individual and
business from closing six branch

of

5,070,953

other income

Gross

Interest

,'

profits

excess

Amortization

military

and prpfits a

April 27,

on

profits taxes

'/

•/•' /'/

y

inc.

Net

during the four-week period ended Sept. 5,
against 3,555 in the same period last year.—,

operation

696,

p.

loss

income

!

,

Weeks Ended Sept. 5
1942—36 Weeks—1941

36

and

1942—4 Weeks—1941

totaled 3,339,

1942,
V...

"

'//yV

$1, payable Oct. 10 to holders of record Sept. 28. This com¬
80 cents paid on July 21, last, 20 cents regular and 30

par

"Net

a

Stores" in

dry

p.

of

Pfd.

Vice-President of

—$30,016,517 $23,136,618 $255,503,216 $201,420,815

Sales

;.y-

156, p. 515.

Net

President—Sales

Senior

been

'

company.

y

.

—J——;

operating

Total

•V

(R. G.) LcTourneau, Inc. (& Subs.)—Earnings—

elected President to succeed the late

been

Robertson

Mr.

Sales
f

/•/;,:;/

,

':
1941

$12,677,833

Period Ended Aug.

Kroger Grocery & Baking Co.—New
Charles

.

r(;

Subs.)—
;

•

1942

income

Net

with

cents

two

Net. sales

Albert

State

the

on

necessity for conservation of clothing to in*?
cleaning service and that this company will

expects
for

155,

dividend

A

of

pi,

•

i,

pf 1941

Leece-NeviHc

i.,'-..

1312.

p.

share

per

J,.

•

(other than income taxes)——

Federal

by this company has largely
business, states' S. R. Mackellar,;

delivery

volume

considerable

a

Post.")—V.

share on the common stock, par $1, payable Nov. 4 to holders of
record Oct. 3. This compares with four cents paid on May 4, last, and
semi-annual distributions of five cents each on May 1 and Oct. 29,
1941. In addition, an extra of one cent was paid on May 1, last year.;
155,

Taxes

during the present year have been heavier during siml-'

demands

crease

per

—V.

'

1S41, largely due to payment of cost of living bonus;

Mackellar

cents

of

dividend

semi-annual

a

cents

6

■"'

■

.

—J—/%—_%/,/
' 581,384 "
for retirement reserve.——1,541,000
Amortization of limited-term investments—
' y
1,434

bachelor

,

ahead

Costs

Reduced—

Kirkland Lake Gold Mining Co., Ltd,—Div.

;

of

(Ky.) ; (&
:'/"•*

.

Appropriation

this

..y

Co.

Maintenance

amount
on

\///'n // '
///////.';
y:,'./f
laundry department, aided by addition
has been above expectations. This division is run¬

the

work,

are

months of

lar

—

1 ^

common

like

A

payments

:

dividend

a

''v;/*y;

offset

partly

from

capacity."

to

to date.

15,300,000-', $6,298,293

''

has

;

Sales

-

and

considerable

military

ning

364.510

1,600,000

.

v

yy

the

on

15.

City deliveries are now restricted to three per week in each

A

Revenue

.

J>\.

163.

';7.y

7

■

call

in

stores./

3,641,199

I———

stock

capital

of

Oct.

record

15 cents each quarter from April 15, 1940, to
and 30 cents per share in preceding quarters.

1941,

2368.

p.

President.

684.050

22,000,075
23,785,672 24,787,364
10,821,652
10,821,652
10,821,652
Earnings per share-ti._—---r—^iia,:
$2.03
$2.20
$2.29
v
"After inventory adjustments.
tBefore depletion,
tlncludes sundry
taxes.—V. 156, p. 696.
■'
1 /'/ ••"//•"
fNet profit

156,v,p.

have declared

15,

offset' decline

Mr.

(Shares

of

July 31—

Operation;

Increased sales af the 29 stores operated

.

35,831,474
/.

22,927,700

profits tax
contingencies——--—

and excess

income

Fed.

and

admin,

General

holders

Langley, Ltd.—Sales Ahead of 1941—'

84,920,498
49,089,024

464,640

353,331

Oct.

155,

contract,
Total

share has been declared

per

to

26

25' and July 25, last, the first

Electric

&

•' ;'/

Operating revenues -a-.—-$15,373,736

■..«

>

Gas

Earnings—

stock, payable Oct; 15 to holders of record Sept. 30. A similar
was made on this issue pn Jan. 15, April 15 and July
15,

incl.

V.

$

616,234

cents

1930.---V.

directors

class B

1940

43,626,547

10

Oct.

April

on

last, as compared with

$

,

50,338,074

;

——

Depreciation and

Louisville

19,

distribution

1941

.J

828,874

Operating income
income',

follows:

as

and Dec.

Federal income taxes—;

155, p. 1513.

/-/.—/.y;//- 130,742,569 111,623,021
..J/-™ "80,404,495 . 67,996,474

Operating revenues
Operating costs
•

were

y

Langendorf United Bakeries, Inc.—Class B Div.—

-Earnings—

Subs.)

(&

Copper Corp.

Months Ended June 30—

Other,

1941

during

-

.J.

Sessions Co.—10-Cent Dividend—'

of

payable

paid

was

Co.—25-Cent Dividend—

Refining

dividend

stock,

'

y

dividend of 25 cents per share on the
comnidn stock, par $ 10, payable Oct. 1 to holders of record Sept. 20.
This compares with 30 cents each on April 1 and July 1, last.
Dis¬
tributions during 1941 were as follows:
April 1, 15 cents; July 1, 30

6

Payments

2458.

p.

Years End.

The directors have declared a

Kennecott

31.

15 cents; June 30 and Sept. 30, 50 cents each,
155,

$1,

par

Jan.. 28, April 28,

March

on

31,

$1.10.—V.

payable Oct. 28 to holders of record
A
like amount was paid on April 28 and July 28,
last, as
20 cents on Jan. 28,
1942.
Payments during 1941 were as
stock,

common

cents

March

the

10 cents per share on

dividend of

declared a

have

25

Inc.—10-Cent Dividend

Kaufmann Department Stores,
The directors

Monday, September 28, 1942

and

July

31,

last/

1941 were as follows:
Jan. 31, 10 cents; April 30,*
Oct.-31, 20 cents each, and Dec,; 29, a year-end of 60
156, p. 607. >
:
:
:
"

during

and

.

,

.

.

.

.

.

Volume. 156

Number 4111

THE COMMERCIAL & FINANCIAL CHRONICLE

1153
""

1

Martel Mills Corp.—$1.50 Accrued Dividend—
The directors have declared
of

accumulations

able

Oct.

1

made

on

lows:

holders

to

April

the

on

of

July 1, last.
1,

75

6%

dividend of

a

record

Payments

cents;

July

$1.50.—V. 155, p. 264.

Sept.

similar

A

this issue during

on

1,

18.

$1.50;

Oct.

75

1,

;y

V

stock,

distribution

1941 were
and

stock,

common

This

V.

have declared

$1,

par

payable

Oct,

with 50 cents each

compares

155, p.

dividend of

a

2459.

1

25

cents

holders

to
'

•

30,

of

'

"

Period End.

*

,,

the

Operating

23.

Operating
*

15, last.—

'

July 31—

\

•'

Federal

Other

revenues

___

expenses
taxes

________

taxes

Prop, retir.

res.

approp.

X Masonite Corp.—EarningsV ---Period
V "Net

12 Wks. '42

$151,252

sh.

per

$830,801

539,- \

on

Net

3 Mos. '41

profits'

Earns,

•

Ended Aug. 31—

•,

-

1942—12 Mos.—1941

$1,448,434

210 shs.

;v

oustdg.

com.

$2.39

$3.54

(net)

______.LT

"After depreciation,
Sales
>■

totalled

$13,109,030
taxes

-

in

the

surtaxes

V
'

1942

fiscal

1942

fiscal

-

•

-

Other

compared

as

year

Federal

year.

and

State

!

83.9

"14,257

"

and

$3,241,000

period

for

Federal

profits

excess

tax.

tax

computed
the

on

House

at

year's

total

Bill,

rates

namely,
tax,

under

taxable
of

rates

because of

visions of

posed

'd';;

the

income

the

Internal

Revenue

amendment.—V.

156,

Act

Income

computed

proposed

at

normal

1942

and

that

than

Code

rates

Net
'

of

22,728

At

public

and

<

'

2,328,575

the

Balance

tPfd.

subjecting

-

*

•

to

;

The ,Fund

reported

increase

an

in

asset

net

value, per

share

on

Aug. 31, 1942, compared with $6.65 at the close of
quarter.
Net assets based on market values as of

public___

ceding

amounted

to

$6,621,609,

available

for

the

906,455

shares

31

Aug.

outstanding,

against $6,150,365 for the 897,932 shares outstanding on May 31, 1942.
During the three months ended Aug. 31, 1942, holdings of New York
bank stocks were increased by purchases of Chase
National, Guaranty
Trust
this

of

and

National

period.

City.

Other

These

portfolio

the

were

changes

only

additions

included

the

holdings of stocks of Anaconda Copper,
Pan American Airways.—V.
155, p. 2459.

of a portion
Kennecott Copper

trustees have declared

20

to

stockholders

from

Sept.

v

investment

30,

18

cents

1942,
on

income

and

a

v

equity
"above).

which

"investment

1,405,802

;

selection

$3,300,245 $11,370,704 $15,769,074
1,405,8025,623,206 5,623,206

to

that

the

securities

on

with

24

40 cents

1942;

for

owned

on

cents

the

paid

Jan. 20,

quarter

July

on

1942,

and

ending

20,

21

last;

cents

a

156, p. 866.

Bookings
Billings

$3,872,000

2,050,000

—______

Unfilled

$1,461,000 $20,935,000 $13,025,000
1,884,000
14,453,000
11,656,000

a

year

.

:.vv

,

.

v;vv: vv/.,\a';-*./ '7.r: h''k:.-yrAl?.

,

Other taxes

:

per

July

>

(Canadian currency)

„

Period Ended June 30—

Gross
•

from

earns,

1

1942—Month—1941

oper.

$836,719
633,360

$203,359

-

$0.22

for

31,

Federal

1942,

under

applicable

Note—The

the

to

of

purposes

bonds

the

the

ended

effect

laws

effect

and

in

of

j; $139,939

$1,841,685

three

Act

$1.29

months

of

It

formerly'"widely

.

well

a

staffed

then

was

this
of

stated

material

of

each

earnings

a

1939

in

1942,

and

Such

for

terms

additional

1941.

tFull

periods whether

to

the

and

and

discount

related
1940.

income

or

If

un¬

State

taxes;
deductions

and

items
If

of

bi»ted
for

call

expense,

income

tax

premiums

per share has been declared on the common
payable Oct. 15 to holders of record Oct. 8. A similar distribu¬

ztock,
tion

was

made

•

extraordinary

< *

See

Peoples Light & Power Co.—V. 152,

deductions

of

(based

'

when

The directors on Sept. 14 declared

stock, payable Oct.

common

amount

paid

was

this

on

Sept. 15, last year, and

on

15

to

issue

etc.,

30,325

-30,009

$2,793,166

116,191

346,529

38,543

190,024

" 7,421

29,624

•

"

>■

income

record

April

last;

4,

Sept. 30.
A like
April 15 and

on

April 15 and Oct. 15, 1940.—V. 156, p. 1054,

Monroe Loan Society—5-Cent Dividend—
A dividend of live cents per

share has been declared

the common
Oct. 8.
A like

on

stock, par $1, payable Oct. 15 to holders of record
amount was disbursed on Feb. 1, April 15 and July
15, last, and
Jan. 15, April 15, July 15 and Oct. 15, 1941.—V. 155,
p. 2459.

Montreal Light Heat &

Power Consolidated

on

■

"

'

"

"

limits

New

—

Major

A.
to

directors

Sidney

of

fill

Macaulay.
Major Dawes

'

-

•,

'

•

Act.

of

103,502

$1,377,726

$2,123,487

$5,314,834

$0.18

$0.11

and

that

is President and Managing Director of the Belmont
Co., Vice-President of Federal Aircraft, Ltd., President of
Mills
Elementary Flying School—now a part of the
Commonwealth
Air
Training Plan—and a director of the

British

Reliance Insurance Co.—V.

155,

p.

2370.

$0.01

•

"

It

National Can

Net

for

Federal taxes

85,000

•

$93,656

share
2097.

per

154,000 shares

on

$158,849

$0.61

$1.03

—

irt

of

On

end

Researcli Corp^—Opinion

June

1942, corporation,

27,

company, filed a
the Securities Act of 1933

shares

1,211,500

of

National

of

sponsor

investment

under

Dis¬
Series

on

an

registration

relating to
Securities

unincorporated

statement of matters

proposed public offering

Series.

On

July

15,

be

to

considered

at

hearing set for July 27,

a

it

is

difficult
would

or

on

dismissal of stop

Net

sales

____

$5,522,120

$4,853,105

5,835,507

!>

Cost and expenses——___—_
<• ■';/.{•v'vS ;

4,815,069

$7,886,182
7,448,554

•

ti

Loss

Other

■

.

the

notice

and

statement

of

matters

afer

having peti¬
hearing on the

the

the

of

nature

Additional

of

material

these

These

the

amendments

amendments

to

the

hearing

the proceedings

under

a

.

|

-

..

.

it to

be

ance

of

*$38,036

94,968

59,173

Amortiz., depr. and other chgs._

*$97,209

*$472,984

'

23,826

Federal and State income taxes

A

to

false
be

can

Net

"Profit.—V.

155,

Months

Sales

Ended

_____

Profit after

Federal

Net

State

profit

$242,245

154,

p.

common

*$287,993

and

and

of

the

investment

statements

must

statute

and

Series"

to

an

entitled

had

share




The

1,292,679

255,000

$467,679
!

and

688,153

825,000

prof, taxes

56..

1941

$23,680,000 $21,424,000

a

exc.

Securities

1942

i..__

are

Enterprise

.

•

:

the

be

the

been

sold

shares
were

of

with

presumed

companies.
this

to

be

Commission's

It

has

Commission

familiar

rules

with

filed

under

the

numerous

the

Securi¬

objectives of

and

offering

of

five

of

these

series

had

"low-priced

the

or

stock

issuable under

a

trust

The shares

of

all

series

agreement between the registrant.

as

The

value

shares

plus

a

of

each

series

commission

or

are

to

be

loading

conceive

sold

charge

to

of

the

public at net asset
8Vz'fo of the offering

conduct

in

of

their

been

its

to

busi¬

context

grossly

and

misleading

The ultimate economic

that

responsible

officers

and

promises

express

achieve

may

the

were

effect

expectation of their fulfillment
misleading impression created in

an

or

the

less

false

or

misleading

fall short of express claims

furthermore

may

lend

to

seem

the

promises.

or

solicitations

substance

to

peculiar

'

,

.

can

because

and to achieve certain specifo*
«

.

do

not

five

do

scries

be

cannot

drawn

connection

We

so.

ment

series

objectives"

constitute

from

be

however,

can.

objectives"

of

seems

regarded

shares

the

series

the

vague and
investment

performance
the inferences

character

30,

referred

statements

1942,

which

to.

with

appear

of our authority .to pass upon

scope

under the statute

that such

require

are

which

financial

of April

as

,

previously offered.

stated

supporting

as

of

to

.

,.

is height¬

clear that the

is

made

s

.

opinion

against

statements

reference

our

with the results achieved

originally

standards

precisely measured, it

various

in

in conjunction

It is not, of
course, wiwim ine
the merits of securities
registered
to

do

nor

statements

attempt

we

of

"invest¬

be

appropriately qualified to indicate the extent
performance has attained or fallen short of those

which past
"objectives."
In

to

instant

the

case

the

registrant

has

amended

the

registration statement and prospectus to revise
ments

with

reference

to

series

referred

concerning

to

stated

As

the

which

the

Series"

.stocks

by

"Victory

and

Series,"

as

in

a

common

income

United

in

this

series

the

registration

described

"investment

state¬

"National

as

objective"

group

of domestic and foreign

obligations,
corporate
bonds,
preferred
which may be expected to produce a

•

stocks,

and. benefit

especially,

as

the

result of victory

Nations."

registration

of

•

diversified

government

and

the

follows:

above

Series"

included

authorized

described

reasonable

Victory

company

newly

a

investment

was

The

the

of

and qualify the state¬
objective^"
of
the
five

"investment

to eliminate
entirely the statements
"Modern Investment Methods."
^

and

above

shares

"An

;

statement

and

included an "eligible
eligible for purchase
"whenever,
Economics and Investment Depart¬
ment of National Securities & Research
Corp., they will best attain
or maintain
the investment objective of the Victory Series."
This solist"

which

called

purported to indicate
in the opinion of the

prospectus

securities

the

eligible

list was not in fact a list of securities.
Rather, 36
were
named
with
a
statement
that
"any bond,
security issued or guaranteed by any of the following
governments or political subdivision thereof" was eligible for purchase

foreign

countries

obligation

or

addition

majority

a

made
Of

the

in the

the bonds

to

classes

of

stocks

of

90

corporations,

which were domestic companies.
Provision was also
purchase of domestic governmental and municipal Issues.

90 foreign and domestic corporations 53 were also
eligible lists of one or more of the other five series.

consider

We

all

and

of

the

for

included

it

misleading to imply that management can assure
the future attainment of a specific "investment objective" or that a
profit will be derived from the occurrence of a specified future event
the repercussions of which seem hardly susceptible of accurate pre¬
diction.

ment

"investment

of

considered

with

might

opinion
the

of the new series ("National
of the new shares, the state¬
so-Called eligible list when
portions of the prospectus in o£tr

addition, we consider the name
Series") misleading.
The title

Victory

new

series

some

manner

even

the

should

separately by the trustee.
■

sale

express promises in a prospectus
to
realized profits, and substantial invest¬

none

respect to each of these five
in the prospectus.

In

public

being registered for the first time.

issued

common

-

been

registered previously and
by National Securities & Research Corp.
"National Victory Series" recently had been authorized
to

for

the

"investment

be

may

this

in

trustee, and the holders of the shares. The assets
relating to the shares of each series are not commingled but are held

$0.81

A

J

regulations thereunder.
statement under discussion, as stated above, related
of 1,211,500 shares of ^National Securities
respectively:
"Bond series," "Low-price bond series,"

Empire Trust Co.

$433,153

$0.90

AA,,,-

We deem

The registration

Corp.—Earnings—

July 31—

inc.

$27,865

of

"Preferred stock series," "Income series,"
series," and "National Victory series."

_—______

Earnings per
—V.

that

1123.

charges, but before taxes__„

and

*$284,783

number

a

registration

Act

originally

p.

registration statement as it was
have been remedied, we have deter¬

the guid¬
registering securities pursuant to the Securities
upon the registration statement as originally filed.

comment

sponsored
other

3,210

National Department Stores
6

'• $27,865

taxes-

loss ____!——

the

to

companies

History

62,550

$242,245

in

appearing

National Securities & Research Corp., the registrant, acts as under¬
or
distributor of many investment company securities and has

ties

Credit adjust, of prior years'

to

will

writer

125,65T

125,074

that

us

and

securities,

*$437,628

■

Loss

deficiencies
now

the registration statement may become effective.
the public interest, however, and appropriate for

35,356

$218,419

Loss, including other income_____

in

~

$313,387

income

to

can

which
In

post¬
statement
formal hearing
(d)

the

have

Although no such
prospectus, language which

vicious.

the

indefinite

was

section 8

for

statements

misleading effect of these statements

Although

changes

1

material

that

offering

make

ened when they are considered
with the public's funds in the

registration

amendments have made

and accordingly

facilities

would

"National

Commission

that

view

mined

Act
__

__

The

Victory

the

in

to

and

which were referred to in the
prospectus)
favorable "investment objectives."

ment

have since been filed.

: ' ■£

"objec¬
generous

present
day
might not separately and
although
the
registrant

and

achieved...!

this

oustanding

opinion of the Commission
order proceedings follows:

The

1940

1942,

1942.

unnecessary

1941

open-

the SEC

statement with

a

prior to the effective date of the registration statement, the Commis¬
sion
instituted stop order proceedings under section 8
(d)
of the
statute by confirmed telegraphic notice to the registrant followed by
a

is

basis for selling securities.
the forces now at work &e

a.

investors

seems

results

of

originally filed

:-'v1942

'

.

243^849

-

468,000

•

income

p,

$1,377,078

$2,272,263
561,656

-

Stop Order Proceedings — Name of
Changed—Registration Statement Effective—

In

Corp.—Earnings—

intention

a

opening paragraphs of the prospectus were
designed to suggest to the reader that the registrant possessed the
requisite foresight, skill, and experience to interpret for his benefit
and
profit the economic effects of complex forces
(only a few of

1941

1942

•

-

be dismissed.

6 Months Ended June 30—

produce

made' concerning

to extravagant claims in
the course of oral
ability and skill on the part of management.

$0.67

-

1055.

Profit before taxes

poned.

'

•

"Investment
of

those

achievement.

these

statements giving rise thereto

National Rubber Machinery Co.—Earnings—

Provision

issued

misleading

promises by, implanting
less

no

minds

888,490

$291,967

been

qualification

as

be

can

such

be

'.**

120,749

eom. -share.

p.

The

demonstrable

opinion

could

jectives

4,189

of

of

"contained

30,671

on
July 20 to dispense with a
registrant was willing to make appropriate
in the registration statement.

Windsor

the

achieve

income in the conduct of an investment
company.
They should
not be permitted to employ in lieu thereof statements which
may induce
the investor to believe that
they possess the skill by which those ob¬

$6,203,324

8 Months Ended June. 30—.

^

ground

Construction
the

156,

tioned

-

>

forth

statement

a

would

ment

referred

M.C., has been elected to the board of
the vacancy created by the death of the late T. B.

which

an

organization

our

employed

The registrant .filed material amendments on July 21 and July 24.
substantially revising many portions of the registration statement

Dawes,

extensive

achieve

have

some

is

400,085

$2,226,989

The

Director-

set

and

be 'expected
to
income and having

Securities

extensive

218,294

$1,498,475

deductions

per

Net'sales

of

A

series

"may

produce portfolio appreciation,

$6,852,374
'

$296,156

Net income

missal

dividend of $1 per share on the

a

with

,

prospectus

six

many
of the statements
contained elements of truth

circumstances

119,023

7,567-

National Securities &

holders of
on

provided

many of
can
safely assume are
presently within the realm of reasonable prediction.
Under these

not

$1,660,630

•••.

-

it

without

$6,733,351

93,070
,47,599

\

the

possesses

ness,

1942—12 Mos.—1941

•

$2,763,157

;

/

$444,392

•

oper.

1941

$1,630,305

6,253

income

1

•

Int.,

1134.

Missouri Gas & Electric Service Co.—$1 Dividend—

a

statements of this character by subtle omission
an effect directly in conflict with the
by
principles of adequate and accurate disclosure con¬

the

themselves

of

p.

organization,

investment

as

may

shares

Although

directors

$438,139

taxes

Net

by

conditions

effects

1942—3 Mos

income

Total

Earnings
—V. 155,

Mississippi Public Service Co.—Sale Proposed—

of

be

within

f'

solidated)

,

July 15, last, as against 15 cents each on Jam ;15
and April 15, 1942, and 20 cents extra on,
Feb,. 14, 1942. :
Payments during 1941 were as follows: Jan, 15, 25 cents;. Feb. .24,
25 cents extra; April 15, 15 cents; July 15, 25 cents; Oct.
15, 35 cents;
and Dec. 15, 50 cents extra.—V. 155, p. 2459.
on

"problem

investment
company.
These securities, of
should be adequately and accurately described in the
prospectus.
offering its shares a company attempts to describe the services

in

on

refinancing by
made to exclude

& Supply Co„ Inc.—30-,Cent. Div.—

dividend, of 30 cents

re-ex¬

moreijiumer-

performed as investment manager of the public's
funds, these
likewise should be adequately and
accurately described.
The
description of these services, in our opinion, properly should be confined

in¬

from

resulting

adjustments were

such

upon

Comparative Statement of Income, (Company Only)

Earns,

Midwest Piping
A

be:

must

that

Us

known

public

to

effect

Period End, July 31—
Income from subs, (con¬

—V.

•

accepted"

course,

at the end of the respective periods) additional
approximately $1,776,556 and $471,000 for taxes based
income Would, have been required for the years 1941 and 1942,

Other

well

the

dividend

earned

to

suggestion

templated

$2,077,000

of

respectively.>;:;:

$791,628

156, p. 784.

were

that:

the

the

Statements of this character

Net
-V.

Statements

this

securities

seems

and

months

12

and

$885,000
of

extraordinary

debt

other

taxable

on

Federal

t

'3,618,080

It

$8,727,256

$0.61

,.

July 31,

Revenue

respective

for

unamortized

retired,

upon

$4,409,708

597,651

misleading.

services

provisions

reflect

come,

7'

$5,579,495
3,737,810

$4,857,649

earned.

Other

.

for

approximately

months

seven

required

taxes

include

Federal-taxes"

1942—6 Mos.—1941

$737,590

Oper. exps. and deprec.

•

$1,641,846

$0.03

now

"Provisions
ended

$803,757

share_

com.

Expenses

Mexican. Light & Power Co., Ltd.—Earnings—
l

deficiencies

material

more

,

Balance

Earns,

r

•

previous
; v •

"yielding a liberal
possibilities for price
appreciation," "provide a generous earned income," and
"exceptional
capital appreciation as the objective
during upward markets" were
employed in describing these series.

Int.

-5•%

.

the

particularly

income,"

Federal

v

,

* t\:'. f:4 a'.' w v) a j*

two

appraisals of securities he should buy or hold,
selection and supervision is "almost
necessarily

fact, that

select

tives."

400,085

orders

at Aug. 31, 1942, totaled $10,619,000 as
against $4,earlier. Of the total unfilled orders at Aug. 31, this
year,L 85'Je was for war production, the company announced, but no
amount was included in
any of the foregoing figures for work which it
Is beginning in connection with the
cargo airplane production program.
—V, 156, p. 432.
'
>

558,000

to

,527,328 $10,264,796

provision

1942—8 Mos.—1941

under

sound

investment

function

Following

Expenses

on"

1942—Month—1941

sold

country is now in the throes of a global
war. has
unquestionably increased the problem of the average
investor, although it has, in certain respects, clarified the course,
for the professional investment
organization.
It is now compara¬
tively apparent what industries and
companies
can
hope
to
overcome
the problems of
price ceilings, priorities, taxation and
other factors that have arisen
from, or been intensified by, the
war economy." ,
*
'
'
'

Total

the

Mengel Co.—Bookings Higher—

been

.

subsidiaries

Period Ended Aug. 31—

had

supervision," that, the "average lay investor" is not in

make

facilities."

shown

(as

requirements

of

appeared

yardsticks"

and

position

income

amount

19°ten6s per share, payable
Sept. 30.
This dividend is derived

dividend

record

compares

April 20,

year ago.—V.

of

'

outstanding 639,191 shares of jthc first

which

amined, that-"investment opportunities are
perhaps" now
( than formerly, that these
opportunities increase the

9,557,112

i\. .7 >"

applicable to the

Massachusetts Investors Trust—19-Cent Dividend—
The

Oct.

were

above

pages of the prospectus as originally filed contained
statements
under
the
heading
"Modern
Investment

of

Methods"

Net equity of company
in income of

sale

the Fund's

and

for

reported

-',Vf

there
to

"Modern Investment Methods"

"The

;;;';yP\V}• *■';-L;''

to

the pre¬

the

introductory

objectives"
$7.30

assets

made, lor example, to the effect that
changes both at home and abroad
were
exercising a strong influence c-n security values and
prices, that

interests

Other

'

the

statements.

number

pro¬

Value—

1942,

* 0

•

,

The

a

Portion applic. to minor

pro¬

Inc. —Asset

from

proceedings.

National Pow. &

Fund,

large amounts the loading

against' income

•There follows a summarization of
which led us to institute
stop order

•

Net

Second

of

referred

registration

•

9,378,971

value

23,

series

and

The provision

the

$2,504,615

___________

divs.

Balance

and

under-the

-

2,362,941'

the

June

five

$5,663,186 $20,749,675 $25,326,186

deductions

chargeable

ou

the

rates

giving effect to

to

other

255.

p.

^
v.
!'•■■-■'
Massachusetts Investors

int.

in

made

are

of the ottering price.

expenses

trust property, paid to National Securities
Corp. The aggregate investment management fee
(or the
ended April 30, 1942, amounted to
$8,732. These fees, of. course,
increase as the assets of the fund increase.
1

will

5,196

$4,833,190

(net)—

income

sales

iii-.—

Research

year

$5,636,457 $20,677,920 $25,263,679
•
•
26,729 - 71,755
: ?
62,507

tax

under

bill

revenue

required

before

%

surtax

1941 and 1942 tax rates.

$686,000 greater

approximately

1941- Revenue

45combined

fiscal year corporations to both
is

the

income

Gross

of

annum

&

•

-'r;

3,706

$4,810,462'

___

when

to dVs'/h

operating

■

lA of 1% per annum of the value of the trust
property with a specified
for all series of $17,500 for the
year ending Aug. 31,
1943,
(2) an investment management
fee, at the rate of y2 of 1% per

$5,635,618 $20,663,663 $25,258,483

to

income

(excluding nominal foreign taxes)
$4,722,000 of which $1,115,000 was lor Federal normal and

90%- profits
-

months

and other-deductions.

the

in

previous

provision for the previous fiscal years was $1,420,244. • *
Note—Provision for the current-year's Federal income and excess
profits taxes was based on Mi of the tax on the total year's taxable
income

'

the

12

amounted to

-

income-taxes

$17,306,202

for

Operating income

that

■

minimum

1942—12 Mos.—1941

..

.

$0.21

••

1

and

(Including Subs.)

■
-

■

relating to each series, or from the corpus of each series if income Is
inadequate, include the following: (1) a trustee fee at. the fate of '

Rent from lease of plants'!

$2,010,886

except

The

'A A:.-.• AA'AA
- A-?. •
A' v
$22,283,835 $20,656,043 $89,228,601 $82,263,345
10,569,933 i 10,333,832 • 43,198,278
39,251,671
3,864,280
1,859,591 ,13,174,292
6,126,005
\ 1,413,496
1,373,312.- 5,489,878
5,299,655
1,629,370
1,453,690
6,702,490
6,327^531

oper,'revenues$4,806,756

■■

Charge is reduced

Subs.)—Earnings—
Income

1942—3 Mos.—1941

Subsidiaries-?on

Sept.

record

,

(&

"

price,

>

..

National Power <& Light Co.

;

share

paid on April" 1 and July

•'

,

Comparative Statement of Consolidated

per

^

fol¬

Dec.

Maryland Drydock Co.—Smaller Dividend—
The directors

was

as

; v.

.

t

A. L. Lott, President and General
Manager, on Sept. 21 announced
that unfilled orders on June 30,
last, totaled more than $40,000,000.—
V. 155, p. 2282.
'

account

$50, pay¬

par

cents,

Motor Products Corp.—Unfilled Orders—

•;;;;•*-■

v!.,

.;

$1.50 per share on

cumulative preferred

1

be

bare

the

well
were

objectives"

introductory

have

invited

identified

contribute

to

the

with

the

the

or

war

conclusion
that

their

effort.

It

that

that

the

purchase
seems

such an inference
avoided by an investment

possibility

scrupulously

and

shares
might

obvious

might

be

company

of
in

that

drawn
in

the

preparation of selling literature unless the funds received from inves¬
tors are in fact to be employed for that purpose.
-

has

been

include

ment

changed

been

have

filed

the

of

name

the

Holders of the

new

expanded
specific information concerning the proposed invest¬

more

It is now stated, for example, that:
distinguishing feature of the National Securities

policy.

"The

International

of

securities
whereas

is

Series

investment

the

fund

The

include

portfolios of the other five National Securities Series."
"It is the current intention to invest approximately

.

60% of the ,
assets
in the obligations of foreign
governments, approximately
15'*"' in bonds of foreign and domestic corporations and approxi¬
mately 25% in common stocks of domestic corporations."
The
eligible list for the new series also has been restricted and
revised to indicate the specific securities of foreign governments which
may
be purchased,
whether these securities are payable in United
States, Canadian or British funds, the markets on which they are
presently traded, and whether the respective governments have been
servicing their debt. In this connection the registrant has added the
following statement concerning the investment of funds in the securi¬
of

"While

of

.

Federal

The

problems

of

foreign

of

transfer;

gations;

amount
tariff

national

funds

of

treaties,

available

etc.,

limitations

settlement

etc,

of

statement of

The

the

to

income

for

Bond

Low-Priced

S71.916.33.

of

amount

the

year

Series,

certain

of

tion

which

had

ending April 30, 1942, applic¬
interest income in the
that $6,324 of this amount

Niagara

Power

price

Hudson

Amends

Corp.- -SEC

Power

"

the

of

taken

action

by

upon

in

that

been

follow, therefore, that such interest upon receipt should
applied, in accordance with generally accepted principles
as a reduction in the cost of the bonds rather than as a

The registrant has amended the financial statements
conformity with this principle.

Other
revised

amendments

the

to

statement

registration

description of distributions to

and

7

the

representing returns of Capital and to clarify the
description of the registrant's distribution policy.; Information with
respect to each series which originally had been scattered throughout
the prospectus has now been more appropriately grouped.
The registration
statement now appearing to have been amended
in respect of the matters
set forth in the notice of hearing and

otherwise

to

with

comply

the

requirements

American
was

In

of

National Tea Co.—Sales Continue
Period Ended Sept. 12—

1942—36 Weeks—1941
$62,210,441 $46,717,798
1942, were 977, as

1942—4 Weeks—1941

against 1,046 a year earlier.—V.

156, p.

Natural Gas Pipeline Co. of America—New Rates—
The Federal Power Commission

rate

in

in

case

affiliate,

its

Texoma

Natural Gas

will "reduce

Illinois,

for natural-gag

wholesale urates

Iowa,

Nebraska

and

Kansas

by

estimated

an

The

(3)

"interim"

customers

which

the

of

(4)

■

a

year,

said.

FPC

per

Oct.

1941

9, $2 each.—V,

tion

("Wall Street

by

as

for the

ft.

cu.

in

the

18 week

Sept.

week

of

a

is reported at 98,852,000 cu. ft.,
% above production of 93,579,000
ago.—V. 156, p. 4056.7
7

-

-

156, p. 867,

of

$500,000.

Investment

\

point out that while no bank borrowings are in immediate
prospect, with exception of renewal of presently outstanding bank
loans of Bates, necessity for additional current funds may arise at
any time depending upon receipt of substantial orders, the raw material
for which must be procured or definitely contracted for before goods

Association—Output Up 6.35%—

Total

production in kilowatt-hours, both generated and purchased,
England Power Association and subsidiaries for the week
ended Sept. 19, 1942
(the amount available for New England Power
Association and other
reporting companies and secondary sales to
New

utilities),

week

For

62,737,954

was

ended

week

the

output

as

compared

58,990,244

kwh.

20, 1.941, an increase of 6.35%.
ended Sept. 12, 1M2, in which Labor

0.55%

Day occurred,

from

Net

from

Net

ry.

1941
$5,452,515

7.7: 3,816,397

2,502,679

1,134,332

1,625,180

863,609

648,352

38,138,471
16,196,622
9,718,163

29,527,047

26,299,659

income

oper.

Net

railway
55,950,991
from railway..—25,800,045

Net

ry.

156, p.

$4,038,494
1,455,377

$3,541,600
1,158,649

1—

from

oper.

1939

1942
$7,855,006

railway..—,.

railway

From Jan.

—V.

—

Income—
962.

8,512,955

8,926,523
4,590,740

7,840,947
3,954,259

stock,

par

compares

Nov.

103(4

of

June

1,

and

outstanding

interest.

Bank of St. Louis,

general

mortgage

of

50

cents per

Payment will be made at The Boatmen's National




{

388

27,600
3,829

'U.-wi'.r

14,400

3,035

3,022

;;;

12,500

355,000

,

Cr7,184

Crl 1,697

1,638

1,929

$430,100

$327,495
1,411
$1.39

$296,408
4,287
$1.27

t$ 123,316

-

stock
share..

com.

per

80,000

112,000

;

prior

to

taxes

fLoss.

$1.83

.

'v/v"

.

June 30,

Sheet,

Balance

v.';

1942

r

(

bonds,

Assets—Cash, $897,256; marketable securities, U. S. Treasury

receivable, $1,508,874; inventories, $306,020; other
"assets, $73,309; property, plant and equipment, $1,073,083; intangibles,
$48,737; prepaid insurance, $53,415; other prepaid and deferred ex¬
$25,000;

accounts

total, $4,034,249.

supplies, etc., $48,556;

penses,

Liabilities—Notes

on

serve

for

'

"

'

,

$142,500;
accounts payab(»^,
Federal, State and Canadian

bank,
$120,981;

to

$355,000; deferred income, $46,668; re¬
obsolescence, $42,000; common stock (ho

(estimated),

income

taxes

payable

accrued liabilities,

$1,050,253;

inventory

possible

earned surplus,

$41,799;

$1,359,200; paid-in surplus,
total, $4,034,249.—V. 156, p. 699.

par),

'

'

h

$875,849;
'

"

.

\ Ohio Edison Co.- -Earnings—

•

.

*$2,020,757 $26,048,718 $23,026,044

$2,007,824
693,305

733,932

9,010,875

7,611,876

278.757

expenses'1^-.-

for

t

•

1942—8 Mos.—1941

1942—Month—1941

revenue,

Prov.

250,000

3,230,056

depreciation

Federal income taxes—.,

149,500

141,900

2,128,600

Fed.

221,900

124,300

2,535,900

3,000,000
2,229,597
1,829,300
1,033,100

$461,887

$577,162

$6,730,756

$7,322,171

285,933

'282,116

3,440,866

3,445,816

$175,954
155,577

$295,046

$3,289,890

$3,876,355

155,577

1,866,923

1,866,923

$20,377

$139,469

$1,422,967

$2,009,432

amortization

and

,v

General

profits taxes—

2,412,530

193,463

202,476

taxes

exc.

income

Gross

Int.

—

deducts.

other

and

Net income
Divs.

a

pfd. stock... —

on

Balance

,

North
A

profits taxes have been accruad at the rates prescribed in
Act plus additional provisions aggregating $536,456

possible
(45%

American
of

the

class B

Years End.

50

Rayon

cents

common

per

$1.—V. 155, p. 2283.

Interest

no

value,

par

payable

(Del.), above.—V. 156, p. 1057.

Sept. 18 deferred action on the dividends ordinarily
7% preferred and 6% preferred stocks.

distributions of $1.75 per share on the

advised by Northern States Power

Minnesota

Co. of Minnesota that that
dividend on its

further advised that its board of directors
1942 Federal tax bill is decided upon, and

company

when

the

revenue

which

dividends is derived solely
deferred

32,851

Cr6,867
35,177

$2,451,420

to construction

charged

:

—.....——

....

income

income and excess profits

taxes by the

months' period ended July 31, 1942, have been
the Revenue Act of 1941.
If the pending 1942

for the seven

company

66,803

enacted in the form in which

bill is

tax

House

of

it was passed

recently by the

provisions required by the

Representatives, the

income

company

for

and excess

1942, would be reduced by $356,000 in each period.—V. 156, p.

1057.

Pacific American Fisheries, Inc.—1942 Pack—
with the comparative figures lor 1941

The pack lor 1942,
terms

;

-k.

of

48

one-pound tall cans per case), is as follows:
•., ■.
*
1942 (est.)

.•.•■■>. w'.--.

.

5,000,000
642,000

...

'Pacific American Fisheries, Inc

12,8%

Proportion of the total pack

(reduced
1941
6,867,527
'997,817

14.5%

,

MacBride, Chairman, states: "Considering difficulties in
transportation and restrictions that were necessarily imposed upon
Philip ,D.

fishing toy the military authorities, the results of
tions are quite satisfactory.

the season's opera¬

"i^s the season, progressed it became more and more apparent that
customary methods of operation had to be abandoned and our whole
program fitted into the plans of the military services in Alaska.
Key
men were flown to Bristol Bay and local fishermen
and cannery work¬
ers were recruited for a partial operation of two
plants in that area.
As a result 127,000 cases, (mostly red salmon)
were packed and have
been

shipped

to

warehouses.
company are in excellent shape and
will again experience a successful year,
dividend shortly before the end of the calendar
our

affairs

financial

of

Bellingham
the

there is every prospect that we
and

be

able to

pay

a

year."—V. 155, p. 307,

Pamour
The

Oct.

1.

last;

Porcupine Mines, Ltd.—Resumes

directors

stock,

common

have
no

declared

par

value,

Dividend—

dividend of 8 cents per share on

a

Oct.

payable

15

to

holders

of

Distributions of 6 cents each were made on June 2 and

none

the

record
Dec. 1,

since.—V. 156, p. 1058.

Paramount Pictures, Inc.-

-Acquiring Picture Interests

of David O. Selznick—

decided upon.

reconvene

enables

the

then as seems justified.
company to declare

Delaware

from dividends on the common stock of the

further action of the Delaware
until the Minnesota board has acted,,

Minnesota

264,722

1,626,000

made in accordance with

had deferred action on the declaration of a
stock, because it was impossible to determine

the

——

expense.^——

7% cumula¬

the amount of
earnings available for that company's dividends until the pending 1942

Since

$4,437,256

262,764
% 64,834
Cr 9,491

——

and

Note—Provisions for Federal

since

(Del.)—Dividends Deferred

quarter during 1941. Arrearages as at Oct. 20, 1942, will total $4.81(4
per share on the 7% preferred and $4.12(4 on the 6% preferred stock.
It is stated that the above action was taken because the company

is

269,500

-$4,436,303
954

$4,422,303
1,607.000

——_——————

debt

discount

Total for the industry....—

usual quarterly dividend of $1.25 per

stock,

debt

Miscellaneous

preferred stock and of $1.50 per share on 6% cumulative preferred
were made on Jan. 20,
April 20 and July 20, last, and in each

tax

555,452

taxes—

Other "interest'

stock

Federal

910,500

$4,420,955
1,348

profits

excess

income..—...

funded

on

of

"The

common

23,668

1,554,332

,

1,092,179

taxes—,.

income-

income

Amort,

to

(Minn.)—Preferred Div.—

preferred
30.

Northern States Power Co.

company

705.439

1,500,000

23.703

electric investments.

$2,464,345

Federal

for

other

Interest

year-end divi¬

Omits Common Dividend—

had been

840,207

1,600,000

retirement reserve—

and State Income

operating

Gross

Corp.—50-Cent Dividend—

Co.—Larger Distribution—

See Northern States Power Co.

tive

1941

•

$14,778,174 $14,029,027
4,629,285
4,672,950

profits taxes for the seven months ended
July 31, 1942, would be increased by approximately $356,000 and net
income for the seven months' and 12 months' periods ended July 31,

of record Sept.

The directors on

1942

—

1,572,728

stocks, payable Oct. 1 to holders of record Sept.
on April 1 and July 1, last, and on

cumulative

$5

to holders

"

Co.—Earnings—

repairs

for

for Federal

Federal

of 20 cents per share has been

the

on

15

-

.

,

Electric

&

limited-term

of

Amort,

share has been declared on the class A

The directors have declared the

Oct.

Gas

and

Appropriation

Net

declared on the capital
stock, payable Oct. 1 to holders of record Sept. 25. This compares with
15 cents per share paid on Jan. 2, April 1 and July 1, last, and 10
cents per share in preceding quarters.—V. 156, p. 1057.
■ -'1

share

pending

the

July 31—

Maintenance

75 cents

dividend

•

.

,

in

Operating expenses i.—.

;

A

8

156, p. 868.

prescribed

rates

Operating revenues

Dividend—

June 30 and Oct. 1, 1941, while on Dec. 19, a
was paid.—V. 156, p. 345.

April 1,
dend of

first

Act rates

Oklahoma

Like amounts were disbursed

24.

and

income

Revenue

—V.

The

increases.

during

the

for
House Bill
surtax and 90% excess profits tax would require
months of 1942 $885,605 more than at the 1941
or $349,149 more than was provided in the period.

Revenue

Accumulated

$25, payable Nov. 2 to holders of record Oct. 15.
This
with $1 paid on June 25, last, and 50 cents on March 31,
during 1941 were as follows:
March 31, 50 cents;

dividend

Federal income and

N»te—(During the 8 months ended Aug. 31, 1942,
excess

share has been declared on the common

that the directors would take such action

bonds,

St. Lpuis^Mq., corporate trustee.

18,095

558

dividend of 60 cents per share on the

26, $1; Sept. 30, 50 cents, and Dec. 27,

The

series A, dated
1935, have been called for redemption as of Oct. 19, 1942, at
the

12,864

157,736

possible

applic.

Earns,

1942. 7. Payments

would

New Mexico Utilities Co.—Bonds Called—
All

—

April 20 and July 20,

Regular quarterly

—Earnings— .v.
1940

for

Divs. paid on pfd.

Prov.

declared about this time on the

New York Chicago & St. Louis RR.
August—

Oross

.

j

for

the corresponding

over

$468,120

5,648

3,829

profit

Total
a

Sept.

59,121,149 kwh., a gain of
156, p. 1056.

was

with

week last year.—V.

Gross

Adjust,

preferred

Northern States Power Co.

the

1

,

manufactured.

New England Power

t$115,329

$396,529

»

-w.adian taxes

Net

North Texas

'V

Petitions

other

of the investiga¬

-

Corp,

North & Judd Mfg. Co.—50-Cent

and

seek to
borrow, are Androscoggin Mills, $500,000; Bates Manufacturing Co.,
$1,000,000, inclusive of promissory notes in the amount of $825,000
outstanding as of Aug. 8, 1942; Edwards Manufacturing Co., $500,000;
Hill
Manufacturing
Co.,
$500,000,
and
York
Manufacturing
Co.,

of

scope

;■

„

American

A dividend

:

• ■

presently outstanding bank loan of $825,000.
companies, with the maximum amounts which they

be

the

last, as compared with $2 on the 6%
preferred and $1.83(4 on the 5(4% preferred stock on Jan. 20, 1941.
—V. 156, p. 1057.

year

filed with the SEC by the five Maine mills
controlled by New England Industries, Inc. (controlled by New England
Public Service Co.), for permission to borrow $3,000,000 to provide
additional working capital as needs arise,'
This amount would include

can

the

20,

Applications have been

The

7-77777'77%.7%n77

to limit

the four stated questions, and added "in general it is
your commission ascertain ail facts which will assist
in the determination of the true nature of the rela¬
North American Co. with utilities within the District of

cumulative

Jan.

Industries, Inc.—Five Maine Mills Want

to Borrow $3,000,000—

renewals

companies

the

from

stock and one of 55 cents on the, 5(4%
cumulative preferred stock, on account of accumulations, both payable
Oct. 20 to holders of record Sept. 30.
Like amounts were paid on

18, this Association

corresponding

New England

not intend

The directors have declared

increase of 5,273,000 cu. let, or 5.63

an

$288,123
108,406

t$273,065

31,211

^

Dividends—

follows: April 15, $1, and July 14 and

Electric Association—Output—

Sept.

$436,909

$814,994
expense

Provision

T7:77'7;;y

year ago.
Gas output

%■.

above?

that

North

155, p. 2460.

ended

nominees,

or

7777.

did

it

dColumbia."—V.

reports electric out¬
put of 11,607,641 kwh, This is an increase of 100,459 kwh., or 0.87%
above production of
11,507,182 kwh. for the corresponding week a
week

directly or

share has been declared on the common stock,

were

.1,

Federal, State and Can-

1941

commission

this

New England Gas &
the

;

citing

desire

our

6%

For

said

The PUC

payable Oct. 9 to holders of record Oct. 2. A similar distribution was
made on April 13 and July 10, last, as against $2 on Jan. 15, 1942.
Payments during

.

2,868,550

what

under

When,

tions

dividend of $1

companies
—

panies named above?

Naumkeag Steam Cotton Co.—$1 Dividend—
A

;

;. - „ ;,.v .
circumstances, to whom, in what amounts
did the North American Co. either directly or through
companies or nominees, dispose of securities of the com-

above?

associated

arising

1940,

$6,500,000

in

,

414,531

Settlement of litigation-

and what price,

828.

155, p.

'

$400,463
—

obsolescence

inv.

•

■

'

,,

$2,595,485

4,522,991

$3,639,659
3,351,536

on

under what circumstances and in what amounts did the
payments, either directly

associated

through

or

named

effective

reduction

July 23,

approximately

Journal")—V.

ordered

were

$3,770,000

order

rate

information

companies?

When,

,

as of Sept. 20,
1942,from the Commission's
upheld by the Supreme Court,
will reduce the pipeline company's wholesale rates and save its utility

rates,

new

coupled with

asking

Secretary,

North American Co. receive dividends or ether

company

$2,738,000

,'

annually.

SEC

DuBois,

indirectly, control any of the public utilities named

Co.

Utility .customers

to

requested Sept. 16 by the Public Utilities Commission.
..'i;
this latest move of a longstanding
PUC struggle to break up
control over District utilities, the Commission wrote to Orval

(2) In what manner, if any, did the North American Co.,

on

accepted new rate schedules filed by the pipeline

and

Co.

above-named

Sept. 23 closed the largest natural
terminating
its proceedings against
the

history,

and

company,

The FPC

15,67.7

$4,337,909
3,901,000

$4,923,454

.

,•

Operating

asked the SEC the following questions:
(1) When, under what circumstances, from whom, in what amounts
and at what price, did
the North American Co., either directly or
through associated companies or nominees, acquire securities of the

1

-

32,900

the PUC

12,

785.

46,957

59,420

84,229

-79,977

expenses.—.

Provision

Gross

by the SEC of the relationship between the North
three major District of Columbia utility companies

four specific points
in the structure of the Potomac Electric Power Co., the Washington
Railway & Electric Co. and the Capital Transit Co., all of which are
inter-related and, through the North American's ownership of W. R. E.
Co. stock, controlled by the holding company, ' 7'
In order to pursue the inquiry into the legality of this structure,

L.

114,616

•

Period Ended Aug. 31—

outside

Higher—

•Sales —.——$6,767,681
$5,505,878
The number of stores in operation at Sept.

which

>(;;-'v: 7^7/77

North American Co,—SEC Asked to Study Setup—

.

above

stocks.—V. 156,

$1.60 second preferred, and common

Full investigation

the Securities Act
and the rules and regulations thereunder, the stop order proceeding
will be dismissed and the registration statement declared effective.—
V. 156, p. 164.
<
■:
v':':;,;X ;

:gas

io56.

p.

"A"

209,137

.

Sundry expense —7'.

thereof

amounts

2,324,004

2,663,127

dividends

$5 first preferred,

prospectus

state clearly

shareholders to

the corporate surplus of B. N. & E., directors of latter concluded
should be suspended on the outstanding shares of its

income!

income

Net

credit to income.

would

have

1,752,676

969,512

Operating .profit

''

of accounting,

$1,550,876

•

income

years

Buffalo,

the

$1,769,855

7

oper.

Other

the Niagara Falls Power Co.,

and

Corp.

1939

$1,852,333

A—

Death

'

•

Profit

pending court review of an order of the Federal Power Commission
requiring Niagara Falls Power Co. to eliminate from its property
account
and
charge to its earned surpuls items aggregating $15,537,943, directors of Niagara Falls Power Co. will not declare dividends
upon its outstanding common stock, and that pending some clarifica;tion of ultimate effect of such proceedings, which may be Substantial,

payment of 'interest the price fell from $36 to $31%. It seems clear
on
the facts presented that anticipated interest payments were re¬
flected in the market price of the bonds at the date of acquisition.
It

Other

Interest

operated

and

Niagara & Eastern
subsidiaries of Niagara
Hudson Power Corp., respecting deferring action on dividends pending
clarification
of
proceedings
against the
companies, the SEC has
amended
its "death sentence" order against the Niagara group by
striking out the provisions^'hi order for hej/rings referring to dividend
payments by these two compa\ies^__
The Commission was infprmed"by letter dated Sept. 18, 1942, that
view

In

reflected

bonds had been purchased, for the most part,
date such interest was received; that the average
of these bonds was $36.29; and, that following

the

before

purchase

in

1940

"etcifV.7'■■*""*

revenue

Operating

reserved to cover this liability and expenses. ;'
shares (no par) preferred stock and

subsidiary of the Ogden Corp., formerly

a

company

revenue

freight,

.'.Express,1

Gross

10,000

Sentence Order—

been
purchased without accrued
purchase price. Inquiry disclosed,

added to the

findings

has outstanding

water

a

A

.

these

that

however,

shortly
unit

bonds

^having been

.

,

1941

$1,971,214

revenue

Passenger

estimated amount of $175,000 with
'V
v..;.
-..-v
states' that the cash held by New¬

7

1942

Years Ended June 30—

Mail

around Jamestown and Newport, Rhode
Island, has sold all of its operating properties and now holds only
cash, plus a minor amount of accounts receivable.
As at March 31,
1942, it held cash in the amount of $389,125.
7 7'7;;'7 '77777 ;"7 i
As at March 31, 1942, the dividends were arrears on the preferred!
stock in the amount of $475,000, or $47.50 per share.—V. 155, p. 506.
)

represented interest applicable to periods prior to the date of acquisi¬
interest

im its

Newport, which is
as

footnote disclosed

A

an

15, 1941.

Airlines, Inc.—Earnings—

Northwest

(no par) common. All of the common and 8,218 shares
the preferred are owned by Ogden Corp. 'The common stock has
equity, according to-the findings.
.
\ v.„;;7

no

predictable problems present themselves during and after the war."

able

'

'.

10,000 shares

of

.

liability in

Commission

Newport

Lend-Lease

"Income Statement"

tax

balance of $239,125 will be

security
obli¬
for servicing of debts; inter¬
These and many other un¬

exchange;

Approves Dissolution—

its

31,

income

,

week

will not all be distributed until it is determined whether this
contingent liability is due and owing. .Only $150,000, or $15 per share,
will ibe distributed to the preferred stock at the present time,the

of

restrictions

as:

markets;

output ot the,..Northern States Power Co. system for the
ended Sept. 19, 1942, totaled 37,442,000 kwh., as compared with
34,501,000 kwh. for the corresponding week last year, an increase, of
7 8.5%',—V; 156, p.' 1057.' '• •
; 7
..
: .77;.!y 7',
Electric

V.-

port

foreign
governments
inject additional
difficulties.
They arise
not
only from
the uncertainty as to the future existence or
rehabilitation
of
certain foreign countries but also
from such
factors

;

/

22

of

interest from March

problems of domestic investment are increased in times
should be understood that the purchase of bonds of

it

war

7

.

1942, corporation had accrued current liabilities
$1,836, with only known liabilities being cost of dissolution
estimated at $1,200.
In addition, however, there was a .contingent

March

As of
totaling

governments:

foreign

and

;

,

ties

Sept.

on

distribution

holders

government

by presenting

approved the application of the corporation
remaining assets to its preferred stock¬
dissolution of the company.
■
'
■':•••, ,
;*/

SEC

the

for

Electricity Production Up 8.5%—

obtain immediately the full redemp¬

may

Newport Water Corp.—SEC

Series—

can

governments as .well as domestic securities,
securities can be included in the

foreign
foreign

no

that

above bonds

tion price, including interest to the .date'of redemption,
the bonds to the aforementioned bank.—V. 156, p. 349.

The statement of

"International Series."

to

objectives" has been modified in its entirety and

"investment

to

which

amendments

the

In

series

Monday, September 28, 1942

FINANCIAL CHRONICLE

THE COMMERCIAL &

1154

board

company

.

,

will
.

be
.

..

This

corporation is understood

to be concluding negotiations for the

purchase of all the motion picture interests of David O. Selznick,
of

the Industry's
The

and

plays,

right
the

transfer

to

is

said

to

include

all

its

present inventory

of stories

his contract list of players and directors, and well as the
completed pictures with -the exception of "Gone With

all

Wind."

one

outstanding producers.

;,

COMMERCIAL & FINANCIAL CHRONICLE

Number 4111

156

Volume

in the sale reportedly ■.were, given a valua¬
in the. croup were ."Jane Evre." "Kevs
on
which production assignments had
"Delilah,"
"Tales
of
Mystery
and
Imagination,"., and
well as other properties.
V ,
:

Story properties-Included
tion
of

-of-

been-

"Titanic,"
;

as

The

"Claudia,",

Kingdom,"

-made,

,

Oct.

mount

find

Robert

Stevenson,

780. vL,-:;/. /

p.

Patino

;

directors,-

("Wall

Street

//.,/V;V7.7;

Mines

&

directors

Sept.

on

;/

United

States

distribution

funds
made

was

■/••"

V

declared

21

dividend

a

the

at

rate

cents

share

for

15,

1942,

1942,

directors

share

per

150,

Nov.

2

also

the

on

declared

6%

the

usual

cumulative

holders of record Oct.

to

semi-annual

preferred

1.—V.

dividend

stock,

of

$50,

par

per share
Payment will be made
per share.
A similar

9d.

of

30

cents

value,

par

The

payable

similar distribution
as

payable

Nov.

made

was

Feb.

on

each

holders

to

this

on

compared with 35 cents in

45 cents

2

issue

on

the

of

four

of

record

May

30

Oct.

9.

•

1, last,

/

j

,

,

28,

G Mos. End. June 30-—

156, p. 699.

"■Profit.—V.

1941

1942

,

156, y.,346.

f

•

'

Pearson Co.,
The

SEC

company.for the right to withdraw its $1 par common stock from
listing and 'registration on the Chicago Board of Trade be reopened
Oct. 14 at the SEC branch in Chicago.-—V.

.on

12 Mos. End. June 30—

.

"Net

154, p. 2284.

77

Pennroad Corp.—Argument Set for Oct. 1—

,

cluded

'

Federal. Judge

Welsh

Philadelphia

at

has

Oct.

set

for

1

argument

paid

point raised by counsel for Pennsylvania RR.

on

holders

of

Pennroad

involved

•transactions

consummated

This

contention

also

of

,,,

him

in

This

'

'

'

.

w!ho

Pennroad

the Pennsylvania had

securities

contention

Pennroad,

whether

determining

railroad

of

suits

■

.

,.

•

combatted

was

the

told

allegedly
in

directors

by

the

;.///.:7/;7

who

of chance

Wolf,

Morris

He

asked

.been

additional

for

brought

into

Lor Oct. 1.

coal

time

Gross

^Taxes '

for

•

"incl:

not

were

not

•,

expended
funded

on

expected

to

at

or

*nd

Interest

paid,

'

•Sales

(-i-//--;-.-------

V.

156, p. ,1058.

726,871

696,683

$2,713,065

$2,315,685

1939

7

■

,

As

dividend

of

$1

payable Oct.

15

to

on

were

as

1941

share has been declared

per

holders of

Jan.

made

was

15, April

follows:

record

July

15,

Jan.

and
50

cents;

the

on

Sept. 22/

15

132,230

131,203

$1,763,175
607,531

541,214
.96,749

:

129,286

$1,645,990
676,000'

:

Feb.

15,

during

special

a

of

11,695

has

April 15 and July 15, 75 cents each, and Oct. 15, $1.-—V. 156, p. 436.

Light

93,605

252,816

246,549

241,120

Co.—Company Proposes to
Dispose of Investment in the Mississippi Public Serv. Co.

been

the

$623,513

$595,731

$607,616

the

filed

Pub.ic
the

with

•entire

of

The

the

action

Commission

and

Mississippi
consists

5,000

voluntary

entirely

an
not

Public

of

Service
shares

Co.r for

(no

on

Sept.

and

24

instituted

the

by

one

"death

sentence"

for

1

company

notes

payable

tin

Pennsylvania

the

to

Granting Annuities. •
The application states

for

Co.

<

•s

\

.

Lives

on

.<

J ,,:J

steps

to

the

end

that "its

7

and

conserve

Ballantyne,

of

system

conform

may

the

to

standards

of

Section

11(B)

Vice-President

company's
turned over to

system
11

7-

necessary

effectuate

to

the

provisions

of

to

production

and

electrical
has

and

reorganization

voluntary

a

to

Such plan among other things will pro¬
vide for the sale of Mississippi stock or the distribution of such stock
to
Peoples' holders, and the proposed transaction is described as
the initial step in carrying out such plan.

Mississippi,—V. 156,

Dec.

out

quantities include

at

July

thus

;

-

•

sales-

Gross

•

-•

$124,452

—

,Net profit before provision for Federal taxes—
V.

.7

'

hundreds

test

dian

•

and

income

'Estimated
:

net

*Eqttal to '$1.87
Note—The

the

the radio

connections.

As

of

dismantled

feet., of ..-trans¬

industry, being used to
result

a

satisfactory

a

solder

the

the die set,

war

of

net

a

$6,385,134

ishare. on the 1,898,570 shares' of -capital stock/

profit

the ; tax bill passed by

for

1942

is

■

in

radio

heavy

set

parts

cardboard

all

in

Federal.

means

of

providing for - income--and
the basis, of the .increased rates as provided in

7/f7

V

Pere

Marquette Ry.—Earnings—^
v

Period End. Aug.31—
Total
oper.
levenuesi.

/

Maint.

of

Maint.

of

$3,926,884

Canadian

coming

cartons,

into

and

the

of

expenses

for

Transp,

.

746,513

—V.

Net

•/

car

these

642,367

5,756,148

paid

4,873,331

556,747
•9,980,407

State

$1,260,644

for the

were

19,902

81,612

68,192

93,490

848,999

771,902

$6,900,050

17,404

_____

100,821
r——

i"
•

Cr646

/

$814,111

480,371

accruals—

2,812,725

first

half

$643,209

$514,815

$4,087,325

Equipment
Jt.

facil,

inet)^.

8,603

Br47,801

Dr 16,629

of

1942;

21,

20,

board.—V.

73,176

62,305

403,109

Net

ry.

oper.

$578,636 •/

income•

Dividend

Other

$404,709

$3,667,587

$4,210,513

2,564

1,719

30,470

38,481

394,965

in

April
17

21,

July

and-Dec.

21,

20,

$444,909

$4,093,023

$4,565,728

32,144

56,412

78,453

end

more

than

the

Total

Miscel.
Rent

income
deduc.

from

$613,788 Z

-

6,368

inc.

for leased roads &

equipment
Interest

on

Oil

! %

1941'

5,531

•

268,919

:

■'••A

.

•, •

"v-5,489

269,010

45,323
;

45.359

2,159,896

2,152,356

Oct.

2.

Oct.

21

like

A

with

and

the

on

15

i-<

Net'- income-$332,970

156v

p.

•

7877

"7^7




offering

twice

the

remained

special

offering

Dec.

amount

-20,

'

:$2,289,560

21,

of

59,100

marketer

^located
San

Co.-^Accumulated Div.—

dividend of $1.25

a

A

similar

in

the

Patricio

of

account

on

payable Oct.

distribution

made

was

15

to

this

on

7

'

1942—7 Mos.—1941
- ■/

.

$5,235,684

$50,766,160 $37,0.91,540

2,477,863

16,120,555

16,809,616

58,860; %2,055,150 /

375,804

■

2,477,611

2,186,955

$1,913,890

$390,106

330,408

182,874

231,074

152,416 /

$99,334

$30,458
420,564

$579,156

$284,720

2,013,224

11,320,390

4,122 615

1,443,773

379,327

7,003,706

2,566,894

$41,237

$4,316,685

-

—

$10,741,234.^ $3,837,895

__._7.___

:-<

«

,

—■

2,102,373

•

1,369,450

1,523,218
.

1,084,730

$1,555,721
.

have

share

Sept.

and

the

common

19.

1,

latter

.regular
stock,

like

A

April

on

the

on

declared
the

on

record

July

date

quarterly

1,

was

Oct.

1
of

extra

an

$5,

par

amount

and
25

dividend

puyable

paid
Dec.

of

Oct,

April

on

25

1

1

to

and

20,

and,

was

cents

1941,
also

paid.

152, p. 3357.

Pulp

Corp.—Protective

Committee

1

protective

/

be

meet

be

taken

the

is

matter

said

_

either by

the

preferred

steps

were

liquidation or any other method,
shareholders, with the intimation

taken

forthwith

the

matter

would

the courts.
that

pending

the

requested

company

further

some

delay

the

in

the

outcome
of
certain
negotiations
involving the
is proceeding with hydro-electric plans that contemplate the flooding of a part of the company's limits, and the
Quebec Government, which has a claim of approximately $1,800,000

against

x>n

which

the company.—V.

Railway

149,

p.

2379.

-1

*

•

Light Securities Co.—Asset Value—

The company

.

.

member

of

such

some

brought to
It

forthwith,

claims

unless

of

to

the
a

Paper

&

end

$184.71
of

reported
and

of Aug. 31 that the net assets

as

each

for

share

$227.94

of

preferred

Aug.

on

31,

stock,

1941,

and

were

against
to

equiva¬

$180.46

$10.98

for

share, against $10.42 and $16.58, respectively.—V. 156,

common

the

July

at

each

p.

787.

71-

prominent

a

of

short

shares

out-of-town
notice.

offered

trust

received

1942

,

sales

Cost

of

Net

Other

for

earnings from
income

Income

imme¬

the rules of the New York Stock Exchange
until 11:40 a.m.

1941

($46,571,975 $29,414,414
(incl. depreciation)^—38,001,169

goods sold

Selling, general and administrative expenses—-

com-

Subscriptions

were

(& Subs.)—Earnings—

6 Months Ended June 30—

Net

—-----

(net)__^__..„__—_

5,833,760

5,011,320

$2,737,047

sales

;

charges

22,543,186

$1,859,908

157,176
196,830

187,72")
i:

136,549

with

fol'owed
Shields

shares

crude

Big

and

share

per

preference stock,

was

each

'

closely
<te

Co.

the
after

heavy
the

oversubscription

close

of

the

of

oil.

Lake-field,

Calhoun

Texas.

/

'

income

income

Preferred

-

before

taxes

—

$2,697,393

income and profits taxes—

1,062,164

531,227

$1,635,230

$1,379,861

—

$1,911,083

-

7

—------—n—

dividends

—

537,316

537,309

——

1,399,103

1,399,106

$1.56

Common

are
7

in

./(

1

Earnings per share on 702,000 common shares.-

producer

principal/producing interests
Reagan County, West Texas, and
in

Net

pre¬

Its

Counties

Net

Federal and foreign

of

market

6%

r

$138,267 ? $1,831,392

Co., Inc.—Obituary—

949,773

1941, and

"

1940.

made on

was

open

bv

1937,

1059,

p.

1942—Month—1941

opers..,..

directors

1,

that

*

from

number

offering

made

like

A

20,

205,056

addition,

to

common

cents

Virginian Railway ($25 par)
ferred stock, the largest, offering of this kind yet made.
7
Plymouth Oil Co. directly and through subsidiaries is a
and

—V.

the

common

30.

Oct.

.

bought

was

the

on

Sept.

since

income—$569,451
767.

p.

per

-should

Co.—Special

In accordance

books

This
the

'Sept.

—

debt;—-—.

'

record

first

committee lias been formed for the preferred shareconsisting of Rene Morin, Arthur Campbell and Gerald Ryan.
that following the formation of the committee representa¬
tions were made by it to the
company to the general effect that steps

$0.55

Pittsburgh has been elected
7. ''
7' 7.:;:-; / /"

1058.

p.

155,

.holders

$122,386

declared

compared

*

*

of

Parker

C.

stock

diately.

declared

of

the

for Preferred Stockholders—

.

as

share.—V.

per

336,555

Quebec

the

and ^provision ($719,000 in 1942) for
fOn 220,000 shares of common stock.

share has been

per

has

Arrearages

13,881,269

last,

the

$0.82

July 21, last,

on

on

156,

'pany,

331,802

last,

156,

prior

28.

revenue

of

—V.

cents.

23,414

32,588

income-.,-—

income

Sept,

Quaker Oats Co.

The

$13.75

value,

par

1940.

opers.;

July

Offering—Shields & Co.
Sept. 23 made a special offering of 15,000 shares of
capital stock (par $5) at 12%, with a commission of 50

372,473

15,

account

on

no

distribution

Pyle-National Co.—25-Cent Quarterly Dividend—
The

of

$180,813

share

cents

10

Aug.

Plymouth

Dr497,032

(net Dr)

rents

rents

$5

accrued

cents

•

this issue

Sherman

$5,030,017

Operating income —7'

stock,

It appears

1942

interest

share

per

similar

19,371,610

net

$759,519

on
'

$1

A

to

holders

12,

$7,968,536

revenue

lent

2,477,343

cents

2,10j,800

Taxes

;

,

New Director—

Cr2,030

299,296

the

on

expenses

$7,557,360

i-A

10

165.

computed at the rate of 40' /.

1-2J

common

depreciation,

ApTil

on

amount

21: to

May

revenues

1942—6 Mos.—1941

taxes

payable Oct, 21 to holders of record

April

527,223

common

with

p.

3,063,824

Total

156,

8,855,039

/,>

1.

including Jan.

paid.—V.

expenses

—V. 156,

$11,544

and

and excess profits, taxes.

on

of

preferred

Oct.

share has been

per

Oct.
on

also

revenue

Net

being

are

goods."—V.

war

Sudsldiary, Greenville Steel Car Co.)

.1

dividend

stock,

to

opers.:

car

Total

155, p. 2285.

A

record

malnt.-;L^v.- / 1,704,494

Auxiliary

Pittsburgh Screw ■& Bolt Corp.—10-Cent Dividend—
/

3,089,767

70,187

invest— //•/■.

tax

•3,597,994

1,125,297

$1,123,579

Railway

440,817

cents

was

Aluminum Co.,

!

-

67,017

•

operations

General

/

1,299,877

L—

•Miscell.

;

25

cars.

other

General

Philco

was increased to
7rate of 45% for June, and
for the quarter included an adjustment
covering
for the preceding five months,*—V. 155, p. 2285.

Quarter End. June 30—

•After,

'

the

on

compared

as

dividend

a

cumulative

said

were

payable

record

Conducting

7/V"•.

1942—8 Mos.—1941

'

equipment—

Traffic

•Transportation

(
77

-"7-

year,

30, 1940.—V, 156,

(Revenues and expenses of car and
auxiliary operations>

Maint.

/All

acute

an

provision,

(And Wholly-owned

-

•income

$3,205,525, $27,721,956 $25,740,784

.'•571,672

&, St rue.

way

1.942—Month—1941

-v./

$6

Total revenues

'

/.// '7

Dec.

Jan.

on

j.

found

are

account

•fEarnings per

the House .ofRepresentatives.*—V; 156, p.7346.

the

Period Ended July 31—

available

to alleviate

1942—3 Mos.—-1941

$640,817

;*Net profit

after

this

of

Pullman Co.—Earnings—

engineering

Pittsburgh Forgings Co.—Earnings—
,,

"2,610,727 % 2,755,792

1
on

quarter since and

of

cents

Sleeping

and

ways

were obtained

Prior to June 1 Federal taxes

The tax

.

Paper Co.—Dividends—

a

April 1 and July 1, last.
per share were also made

July

disbursed

was

25

having

only 20'Jo
requirements, based

the

of

Government

packed

are

Notes—(1)

7

$7,135,361

1—

——;-r-

profits taxes on

excess

profits taxes

excess

profit

1941

on

cents

on

accumulations

A

1942

entire

equipment.

Subs.)—Earnings—
.

by the

the

•

Total

of

additional 5%

Junelo—

for

the

to

passed

as

rates

15, April 15 and July 15, last, and in each quarter during
•1941.
Arrearages, after the current.. payment.,..will amount to $27.50
-Jper-*shwre.->»-V;- 186,- p." '964.

the number of die parts held in stock, and 175
valuable alloy steel were accumulated from old dies.
large quantity of socket head screws, used for. mounting

a

profit

.income

Pepsi*Cola Cot

5

and

1942,

$1,

par

holders

* After depletion; depreciation, amortization/and U. S. and Canadian

(2)

152, p*. 2248,

of

made

a

The directors have declared
of

;1942 amoufnted7to $870,520 against $225,850 in the like period of 1941.
J No provision was made for excess profits taxes.
'

5,101

^v 6 Mos. End.
:
.;
7:7
,Estw profit after chgs., but before U. S. & Cana-" 7

of

1,

30, 1S41, and

dividend

issue

releasing

reduced

Period End. June 3Q-—

.

applicable

1942,

average

been

regular

15,

holders

Pepsi-Cola Albany Bottling Co., Inc.—Earnings—
Earning^ lor the Six! Months Ended "June 30, 4.94,'i

rate

of

has

to

tons

138

'taxes.
?

and

15 to holders of

Operating

•Net

Act

at

drastically

highly

"Many

i,

'

p. 786.

industry

steel

Pittsburgh Coal Co.—Earnings—

Mississippi Public-Service Co. purchases natural gas from seven
gas companies and sells the product in nine communities in

&

declared

$1,

t

natural

northeastern

of

factories

'provisions of Section 11 <B).

The

worked

the

,carefally~preserved and used to ship out finished
p, 1058.
'
'

the

period

George B. McCallum, President, died Sept. 22 at Northampton, Mass.
—V. 156, p. 1059.

'shortage.

of

plan

with

comply

made

Puget Sound Power & Light

electrical

developed

^segments of the die on

Section

$0.89

shares

charge

absolutely needed in current war production,
In normal
large number of dies to manufacture radio set parts is kept on
service all outstanding Philco radio sets.
By reviewing service

a

addition,

7-

7-1-':7(
file With the Commission shortly
under Section 11 (E) ;of the Act

the

made each

when

materials,

facilities at Philco have been

the. waif;

essential material in

an

Philco

reduce

In

have

par

April

on

amount

cardboard cartons.

requirements for the duration

//V'-

7

Peoples' will

/

be

may

as

(B).

in

scarce

"Special efforts have been made to collect and turn

(tons

/■

169,742

.■/7.7.7: y/y/ ;'

preferred stock

stock,

possible

carefully

company's tin
consumption, by 40,000 pounds a year.

1941

hand to

of

the Act, and the proposed sale by Peoples of its investments in Missis¬
sippi is part of a general program in line with its policy of endeavor¬
ing to effect-an orderly liquidation of such of the properties in its

1942

estimated

Revenue

was

say:

the

regularly

conveyors,

permanent

times

holding

the

the

Propper-McCallum Hosiery

to

on

'

company

all

reuse

materials not

and

>

Pressed Steel Car Co., Inc.—25-Cent Dividend—

126 tons of skeleton steel from the press
miscellaneous iron and steel, 210 tons of paper,

duration "of

cable,

content,

on

•'"<!,«"
taken

has heretofore voluntary

Peoples
take

to

Insurances

\

■

that

it -subsidiaries

caused

or

the

research,

to

"'

to

salvaged in substantial

of

television

make

against

Power. "
proposes

John

result

is

of heavy

"Solder is

,

the

as

proceedings

by

a

and

tons

tons

mission

apply the proceeds from the sale of the
Mississippi stock to payment and retirement of a like amount of serial
company

effort

further, goes

as

materials

330

six

"All

ail

;

$1941

$151,557

$1.45

tOn

taxes,

for

55'%,- the

on

964.

p.

stock,

p. 2462.

together with large quantities of other

program

shops,

$420,000
being

par)

shares of Mississippi's stock.-

outstanding

is

has

Peoples Light &
The

the

in

investment

issued

The

;

SEC,

investment

cash.

in

conforming with the "death sentence" provisions
an application
proposes to sell to Federal Water & Gas Corp; its

Utility Holding Company Act, company in

income

provision

provision

accumulations

as

-of. brass, 45 tons of aluminum,
/

V

1942

L

ti»r.

based

1941

payable Oct.

A

"""

of

$730,754

nation's

collected

"Other

As an iniital step in

Federal

The directors have declared
of

--be used iir the production of new steel,

Power

&

of

scrap,

salvage

Peoples

$1 16

Portland Gas Light Co;—Accumulated Dividend—

,

10,891

116,015

■

Corp.—Salvages 120 Carloads of Steel Turnings

part

"This

$2;

7

share__,._«^_„^^./._„/.'

and

1942,

156,

on

each

676,000

60,864
218,451

259,110
•

7bf opeartions.
7 The. announcement

distribution

Payments

139,399

"

$1,629,233

243,000

depree.)

tor

announced

stock,

common

similar

A

last.

15,

:

$3,082,166

167,843

Co.—Earnings—

'/! •//'-'

•

-

common

Distributions

120 carloads, or 4,800,000 pounds, of steel turnings have
been salvaged in Philco's plants in the first six months of
1942, it was

Peoples Gas Light & Cok'e Co^$l Dividend—
A

.

2,
on

''1941

$1 40

approximately

and

stock

materials,

war

>

of

the

on

/In Six Months—

$20,239,476 $17,314,711 ■;

Sept.

dividend of 5 cents per share on the
participating dividend of 25 cents per
quarterly dividend of $1 per share on the 4%
mon-cumulative preferred stock, par
$100, all payable Oct. 1 to holders
of record Sept, 25.
Participating dividends of 50 cents each were paid

670,851

tax.

Bal. avail for divs.
—v; 156, p. 787.

:

charges and taxes____,„„

Federal

The

share

$2,429,370

$1,870,827

other/deducts.

A- Philco

Period Ended Aug. 31—

and

1942

^Adjusted.'

\

The directors

been

Peoples Drug Stores, Inc.—August Sales Up 17.2%—
-1942—Month—1941 -VO 1942—8 Mos.—'1941

•

2

ex-dividend

.

7

Port Huron Sulphite

Co.--Earnings\

per

year.--V.

7'

1940

charges

-Retir. exps,

.

June

stock

$245,717

year

House.

818,070

earnings.

Amort. &

argument Oct. 1 both sides will file briefs with the court
decree by Judge Welsh will be entered laUr.:—V. 156, p. 699.
-7

a

ull

charges

rate

entire

debt,

be

$2,473,876

/ 7

Sept, 19.
Sept. 1,. last.

1604.

Note—The

in¬

1941

95,605

the

the

on

record

and

.

and

Following

v

>

fLoss.

$2,622,276

:

made:

profit

•After

Fed.

tax)

were

ruled

1

share

per

of

June

on

share

capital stock.

■

'Federal, income

•

Water

cents

holders

to

612.

p.

Pond Creek Pocahontas

tEarnings

1940'

accounts

Interest

tax

per

paid
1939.

'

Net

his argument as he had just /
the date was fixed, by the court
,!
>v
;

'

$42,016

were;

loans

1942 -V"

maint.)-

lnot

income

•

prepare

and

1941

$2,784,502

revenues

Oper.:, (incl.

a

to

proceedings

Suburban

12 Mos. End. Aug.-31—-

were

counsel

of

They

payments

Exchange

6 Mos. End. June 30—

royalties, $15,440.—V. 156,/p. 517.

Philadelphia

Pennsylvania.

new

profit

155,

common

general way that Pennroad Corp.
itself would strenuously insist upon the full award going to It with
mo
strings attached.
He said the award will go into the treasury of
Pennroad and be distributed by it according to its needs and policies.
court

net

corporate

1

paid

$7,759,519

income- alter

p.

$394,374;

paid excessive prices in pur¬

for benefit of

the

period.

Pennsylvania

has

1934,

50 cents.

Curb

156,

each

sales

•Net

$131,169; amortization of bond discount and expense, $79,410; deprecia¬
tion and depletion, $1,228,000;
amortization of culm and slush banks,
provision for doubtful accounts, $80,543,'and amortization

were

award the court may make

-

j

accounting

arriving at
in the

cash

made

was

connected with

chase

Overficld-Weigle
share in any

to

counsel, during a hearing

assist

,to

their

owned

in

in

in

For

$798,729,
cents

company

dividends

dividend of 50

a

cents

and Nov. 4,

per

$42,016 t$l,030,376 t$3,128,527

$2,968,116;

by Robert T. McCracken, chief Pennsyl¬
last' month on report of the com¬
three financial experts which was appointed by Judge Welsh

RR.

mittee

the

in

-

,

•

vania

who

entitled

were

Pennroad,

.to

Corp.

that only those stock¬
securities at time of the

1942

profit

"After, taxes, depreciation, -depletion, interest, etq.
Major charges aggregating $4,897,671 accrued in

v

The

at

61

or

'

<

t

the

1941.

earnings.

reported

$628,176,

Manufacturing Co.—Earnings—

—V.

^Philadelphia & Reading Coal & Iron Co. (& Subs.) —
Earnings—

the application of

substantial
was

stock

as

payable Oct,

30

1942.—V.

Earnings

*$23,154

(

T'

Inc.—Delisting Hearing Reopened——

Sept. 22 ordeied that the hearing on

on

23,

■Net

taxes——$1,917

of

well

declared

$10,

par

with

York

; Pollak

Net

''r

,

'Net loss After all charges And

period

of

net

with

156, p. 1058.

16 Mos. End. June 30-^-

Philadelphia Insulated Wire Co.—Earnings—

1941 were as follows: Jan. 15, 00 cents; June 5,
25 cents; Oct. 28, 30 cents, and Dec. 30, 50 cents.

1942,

compared

as

the following

New

Sept.

quarters and

1

,

1941

The

A

•

1925

have

stock,

cents each,

common

1 and Aug.

preceding

1, 1941.—V. 156, p. 612.

cents on

directors

compares

During

:

the

on

'

•

since

record

30,

corresponding

1941.—V.

common

share has been declared

per

long

a

June

share,

per

Pneumatic Scale Corp., Ltd.—50-Cent Common Div.—

$1.50

156, p. 611.

Philadelphia Electric Co.—30-Cent Dividend—
A dividend

stock/no

Feb.

the

had

ended

cents

dividends

This

,

and 50 cents on
s-:;-7. (//V////-/

i

during

Sept. 30,

cents;

—V.

April 30,-1942,

on

:

.

Payments
50

cents

75

77

1940 and

.

June

months

to

cash

has

company

six

equal

.

;

last, as compared with 50

31,

Aug.

on

75

of

the

a

1.7 A

The

(Inc.)—To

of 3s.

The

«

quarterly dividend of 10 cents
payable Oct. 26 to holders of record

stock,

common

fi'&P'-.v

,

Share—"•

per

payable Oct. 15 to stockholders of record Oct. 1.
In

Journal.'*)—V.

;

Enterprises Consolidated

•Pay Another Dividend of 75 Cents
The

V

17" declared

Sept.

-on

the

on

like amount was disbursed on this issue on
April 25 and
July 25, last, as compared with 20 cents on Jan. 26, 1942. Payments
during 1941 were as follows;/. Jan. 25, 15 cents; and April 25, July 25
and Oct..25, 10 cents each.

.

contracts would
go
to Paramount include Vivien
Joan Fontaine, Ingrid
Bergman, Dorothy McQuire, Jennefer
Valerie Hobson, K. T. Stevens and Alan Marshal.
The Para¬
corporation also will acquire the services of Alfred Hitchcock

Leigh",

directors

share

per

Players -whose

Jones,

Philadelphia Co.;—10-Cent Common Dividend— A

y

Included

$1,250,000.

the

•

No4e—As

and

final

—,—--—-——

dividends

the

tax

new

revenue

law pending before Congress

liability cannot be determined,

provision

$1.20

is unfinished

has been

made

making

the House Bill.

provided in

Canadian income

1

the

Net

■%

311,165
-356,689

$6,119,694
341,758
296,449

$5,294,363
323,329

bef.

income

$6,951,308

$6,165,003

$5,431,486

$6,175,953

2,615,496

taxes

inc.

and

profits

2,084,559

Net

taxes—--

of

begin,

1,289,975

year

1,012,930

$4,141,511
16,277,164

-

$5,163,023

rhas been

-

in

,:y
Assets—

Cash

(less reserves)—————_/ / 6,057,223
materials, prod, and suppl.
12,219,167
securities, direct, and guaranteed5,807,004

14,819,667

Municipal securities

-———

——

—

buildings, machinery and equipment——

rights, patents and goodwill

Trade marks, trade

2,136,436

prospects for

upon

;;;

:^l-vvV

'•",■-,»■••

-

259,198

,

said,

are

in

Liabilities—

"',l'

*

v

■

subsidiaries, partially

Due to U. S.

«,3,240,570
17,298

to

.owned—T

■'

•' ./■

"it will be
reorganization pro-

1940, and with reorganization

>;,■■■

If1':

subridiaries—//—l/j/'266,648
,42/:-/^-U'—//:.y:; 270,000
550,000
2,250,000
advertising———-—1,600,000
991,698
1,109,679

Reserves for

18,000,000
15,210,000
/ 13,713,168

15,210,000

other contingencies

and

Reserves

for

Reserves

for non-consol.

insurance

European subsidiaries-

cumulative preferred stock ($100 par)—
stock (702,000 no par sharesC
;—

6%

Common

Surplus

18,000,000
14,282,705

(compare V. .154, p.

July 20, last

*

,/-'r

.

the

,

transaction/ said

,

the

for

of

formation

the

of

Service

Public

new

a

Water

Louis Suburban

St,

>

approval

Missouri

the

volves

Co,

reorganization

proposed

be known at

to

company

filed

was

The

Commission -Sept/ 14.

in¬

plan

first

the

as

.

/Mott would contribute $8,050,000 to the St. Louis County Water Co.
this would be used to retire the company's outstanding first mort-

.

.

'

^

$894,375.

already owned by Mott as the company's only obligation.
The Suburban Water Co. then would buy this stock from
of

capital stock to Mott and borrowing $8,500,000 from banks.
Water Co. would take over the property and assets
St. Louis County Water Co., giving in return 20,813 shares of
common stock,
which would be retired and canceled. The Suburban

000

Suburban

The

the

its

the Diocese of Altoona, Pa.

Roman Catholic Bishop of

:

;

Mott. for

$11,620,000 after the company had raised $11,"750,000 by selling $3,250,-

;C".

1219).—V. 156, p. 788.

bonds, preferred stock and bank loans and still leave a balance
This would leave the 22,000 shares of common stock

gage

v

of

1,378,593
259,679

payable

purch. contract pay. (ann. to 1948 incl.)
Reserves for inventory shrinkage
Patent

in

Application

declared an extra dividend of 25 cents per
share and the regular quarterly dividend of 25 cents per share on the
common
stock/ both payable Oct. 20 to holders of recox-d Oct,
10.
Like amounts were disbursed on this issue on Jan. 20, April 20 and

610,199
270,000
650,000
2,250,000
2,050,000

European

Dividends

share has. been > declared oh. the r6r/o
,,$100, on account of accumulations,

by Stil'el, Nicolaus & Co., St. Louis,

statement issued

with

The directors on Sept. 21

3,816,995
V
5,829

,

-

par

stronger financial position."

a

A

Mott

early reor¬

an
•

Rochester Button Co.—Extra Distribution—

$1,528,109

./$1,462,965

per

stock,

to

and

11,086,767

'/"';

'V

.

——„

liabilities

Accrued

Due

•"

payable

Accounts

'

.

representing
this would be accomplished by replacing
first mortgage bonds bearing .an average interest rate of 3.B5& with
new
bonds at 3.25%
and replacing $6 a share" preferred stock with
debentures bearing 4V2%
interest.
!
Also, the statement said, the present bank loan will be retired and
the working capital increased.
There will be no change irt "personnel
and management and operation of the company will continue to be
:,/■' in the hands of those now in charge," it, was stated.
>
'
•?», :
;
/ :

15,062,540

$58,682,026 $60,312,109

—

,

.

(Mo.) "Star Times" Sept: 15 had the following:
Purpose of the proposed financial reorganization of the St.' Louis
County Water Co. by Charles S. Mott;:-Michigan capitalist, who owns
all the common stock, is to "place the company owning the property

of

Total

:.

.

(

Mills Co., Ltd.—;75-Cent Dividend

cents

75

'j

•:.-'/ The St. Louis

the company, did not
'disclose recent earnings but said that on Aug. 29 assets'totaled $2,261,053.
Current assets were listed, at $933,685, against current'liabili¬
ties-of $44,130.
(Chicago "Tribune," Sept. 19.)—V. 144, p. 950.
t

.

of

15

Oct.

ization- Explained—

company

Carey, Jr., trustee in bankruptcy for

P.

James

•

50,000

i

2,192,942
448,753
15,412,800
11,058,233

and investments
Insurance and other prepaid expenses——

Other, receivables

"Land,

7,048,010

based

•

,i-v:;//' St. Louis County (Mo.) Water Co.—Proposed Reorgan¬

^possible to save the property."
Another hearing on
;ceedings is scheduled for Oct. 15.".
--

5,859,478

Inventories of grain,
Government

,

a

since September,

provement

$3,990,014

receivable

Accounts

:

little more than a j'ear ago, the company
petitioned for reorganization.
At that time it was said the company
had lost money l'o-r 10 years, but that there had been a steady im¬
liquidation

Near

31, '41

Dec.

June 30,'42
$5,485,904

_

be

to

appears

ganization,. ' /•'.

Balance Sheet

Consolidated

*

in banks—————

bonds

the

in

been

preferred

2,569,..,compared with

were

\

holders of record Sept. 30.
A like amount was
disbursed on Jan. 15, April 15 and July 15, 'last, as compared with
50 cents each quarter during 1941.
A special nf $1:50 on adcourtt of
accruals was also paid on Dec. 22, last.—-V. 156, p. 261.
:'
*
payable

to lend-lease and other Government agencies, resulting in
earnings.
Brokers said a large part of the current interest

sold

increased

:

$4.64

*

hand and

on

'

dividend

A

12, .1942,

v.

•

Reorgani-

year, the bonds closed on Sept, 18 at 77 bid. substantial, part; ot the company's products, .officials

being

'

$14,282,705 $15,034,111 $16,277,164
.
/
.
$5.82
$4.28
$4.37

on

702,000 com. ■shares--;' L :

,

the

A

'

acquired on Oct, 6, 194i; from the National
included in the figures for the four weeks

stores

12, 1942.—V. 156, p. 789.

cumulative

which
bankruptcy since April, 1941, have more than tripled in
the first of this year.
Quoted at 21. bid near the start

since

value
of
<

33,143

31,890

35,798

31,868

end of year! $13,713,168

share

i .V
■

$0.87

,

,

1103.

this corporation, a Chicago pork processing

Bonds of

of Sept.

1941.

84

have

Co.

ended Sept.

zation Scheduled for Oct.-15— •; •j.

16,578,394

the

of

Grocery

.

,.

per

share—$0.79

per

112,500 shares of common stock.—V. 154, p.

Roberts & Oake, Inc., Chicago- -Hearing On

$4,335,812- $4,080,444
14,184,293, 15,034,111

Surplus res., net incr.—
Surplus,

1

1941
$98,409

$88,369

taxes-—-;— "/

all charges and

after

income

♦On

$18,520,105 $19,114,555 $20,418,675 $21,741,417
1,074,607
Preferred dividends—__
1,074,628
1,074,621
1,074,606
3,497,765
Common dividends——/
2,798,212
2,798,212 ' 3,497,765
.858,737.
Past serv. ret. annuities
902,229
923,218
780,303

Earnings

Sales

as

St. Lawrence Paper

6 Mos. End, June 30—

.

Net

Total

■

an

operation

2,952 on Sept. 13,

organized and existing under
office and does business- in New

•

$46,269,768.$39,058,.224 $414,464,862 $326,858,725

—

In

Stores

corporation

has

Jersey,

Sales

the subject matter of the action,
take jurisdiction in the action

to

•

income

Surplus,

New

a

that the District

contentions

cn

over

Rieke Metal Products Corp.—Earnings—
/ ;■ '■// /// 1942

\

"Earnings
Net

Federal and foreign

is

defendant

•

and that this action concerns the validity of
of the State of New Jersey.—V. 156, p. 260.

laws

498,549

based

refuse

/

4 Weeks Ended
36 Weeks Ended
Sept. 12, '42 Sept.13, '41 Sept. 12, '42 Sept. 13, '41

.

1

and other States,

Jersey

$6,090,686
/ 583,816

186,206

$6,996,832

from sales

earns,

Other income „——_—//
Income charges ——i—/;

were

should

court

of

laws

.

—

the

the

because

dismissal

for

not have jurisdiction

does

that

and

Period—

,

•

,

Petitions

Court

'41 Dec. 31, '40 Dec. 31, '39
Net sales —$90,140,230 $72,982,069 $58,987,394 $59,901,170
Cost of goods sold (inch.
; •
' •
depreciation)
72,156,479 56,698,496 44,450,060 43,582,299
Selling, general and ad¬
ministrative expenses10,986,919
10,164,479
9,242,972 10,228,18j
June 30, '42 Dec. 31,

Safeway Stores, Inc.—Sales Show Gain

•

,

.

settled.

Consolidated Earnings
Years Ended—

directors from
this action is

plaintiff asks judgment enjoining officers and
any
distribution of its annual profits until

The

and surtax at the total rate of 45%,
No Federal excess profits tax is payable.
and profits taxes are provided for at rates applicable.
tax

income

normal

Federal

for

\>i*

Monday, September 28, 1942

CHRONICLE

THE COMMERCIAL & FINANCIAL

1156

Co.

Water

Wis.,
are offering at prices ranging from
100 and interest to
101.97 and interest $775,000 2%%, 3%, 3V4% direct dio¬
cesan obligation first collateral
trust serial bonds.

—Bonds Offered—B. C. Ziegler & Co., West Bend,

and

Co.,

then

change its name to the St. Louis County Water

would

old

the

Water

County

Louis

St.

would

Co.

assume

new

a

probably the Missouri Water Co., for the sole purpose of owning
Lexington
(Mo.) Water Co., which Mott purchased last week.

name,

the

—V.

155,

1845.

p.

:

,

'-.//..

...

,

/"

.■

semi-annually May/1, 1943 to May 1,
Savage Arms Corp.—Earnings— /■'
.v.,
1955.
Bonds are in coupon form in denominations of $5,000, $1,000,
\
J
**
>'<,,*
s ••
—*3 Months, i 6 Months
$500 and $100 registerable as to principal, interchangable.
Principal
Period Ended—
■'■'//.../ :/-/'
Mar. 31, '42 June 30, '42
and interest payable M & N at the office of Marshall & Ilsley Bank,
4Net profit
.1——
// $500,529
$875,607
Milwaukee, Wis!, trustee, or at option of holder, at offices or agencies
Earns, per sh. on 670,860 sha. of capital stoefcLl /.;'* ;" $0,74
°
$1.30
of the obligor at Pittsburgh, Pa., or at Chicago, 111., or at West Bend,
;
- -♦After charges and Federal taxes at-proposed rates.—V. 156, p, 438.
Wis.
The Peoples-Pittsburgh Trust Co., Pittsburgh;* Continental Illinois
National Bank & Trust Co., Chicago, and First National Bank of West
Bend/ West Bend, Wis., will be designated such paying agencies. Both /'.;r,';. Seaboard Finance Corp.—Earnings-r-. vv;//.*
principal and interest will be payable in lawful money i.of the United
.».•- '
Earnings for the Nine Months Ended. Jane* 30, 1942
'4 K
States of America/; Joseph C. Moser, Milwaukee, Wis./ co-t'rus"tee.
Net income after charges and" taxes—• •/
$187,221
■S" All
bonds maturing on and
before May 1, 1946, bear interest to
Earnings per share on 110,319 common shares—^
$1.05
maturity at
per annum;
all bonds maturing Nov. 1, 1946, to
—V. 156, p. 1059.'
"
-'..o;''. '■-'.//'./-v ;
and
including May 1, 1951, bear interest to maturity at 3# per
annum; and all bonds maturing on and after Nov. 1,
1951, bear in^,5
Sealed Power Corp., Muskegon, Mich.—Expansion—
.terest to maturity *at 3V+'/w per annum.
\
' '* • /" •- *!';■■:;■,?+'s *
The company, in .an official
announcement, released -on Sept. 16,
The bonds will be issued under an indenture dated as of July
1,
said:
h
1942, and executed by Most Rev. R. T. Guilfoyle, as Roman Catholic
/. This corporation continues expansion with construction
now under
Bishop of *th# Diocese of Altoona, Pa., for himself and his successors
way on a new $1,950,000 project under Government contract for the
as
Bishop and not individually, -to Marshall & Ilsley Bank, trustee,
Dated July 1, 1942; due $31,000

«

•

,

/—///_———L;——-L/J$58,682,026 $60,312,109

Total

/- "After depreciation
1941.—V.

of $15,587,957 in 1942 and $15,245,235 in

reserve

155, p. 1684. ■

-

*

Reading Co.—Earnings—

'

r

'

•

"

31—

Period End. Aug.
Total

ry.

oper.

revenues

Total

ry.

oper.

expenses

V Net

'

$3,778*591
1,639,926

$2,794,188 $24,521,019 $17,498,343

$2,138,665
49,326

(net) ~7?r25,572

$1,632,693 $14,524,531 $11,286,250
31,407
1,260,679 / f 599,025
CV629
.Dr228,094
.Cr5.694

$2,063,767

$1,601,915 $13,035,758 $10,692,919

from ry, oper.

rev.

accruals

tax

Railway

operating

Ry.

income
(net Dr)__

rents

Equip

facil.

Joint
Net

rents

income,

oper.

ry.

1942—Month—1941 5
1942—8 Mos.—1941.
$9,164,065
$7,204,783 $66,534,856 $51,100,132
5,385,474'
4,410,595 42,013,837 33,601,789

1,161,495

6,212,093

9,996,488

....

.

,t

•

and

v-:

New Chairman—

//,:

^

rr

:/..

156, p. 869.

-

*;

'

_

i

_

' ;
•

Reeee Button-Hole Machine

v

dividend

A

of

cents

10

Co.—10-Cent Dividend—

share has been

per

declared on the common

payable

1

Oct,

to

':////

Jstock,

accumulations

of

account

dividend of' 50 cents per share on

a
the

on

$2

class

preferred

mumulative

issuance

by

A

•

*

The

"

--

the

proceeds of the bonds will be disbursed upon

net

obligor

after

♦Profit

•

Co.—Earnings—

but

//

—V.

before

/

taxes

,

$828,541

$479,178

$665,649

(&

Subs.),^Earnings— v

://'V "/■'1942 V
profit"--I——-.I---—$229,669
Earns, per share on 222,855 shares
r
3 Months Ended June 30—

stock---

and

1941

after

to

for

excess

Federal

$0.77

profits tax.

income

and

$1,000,000.—V, 155, p. 2286.

$0.09

-.

1942

7

excess

,,

in

profits taxes

//

1942

/; /'

i

income
;

;

profits

excess

taxes

depreciation,

and

interest, and estimated provision for
profits taxes based on 1941 Revenue Act.

excess

for the

-

»

•

•

/•

profit

of

$820,918,/or

profits taxes.

excess

cash
of

of

$348,346,

$853,974

on

•

$2.83

per

common

assets, ,-of $1,801-,751, and

30,

1941.

Total

were

current

obligated
•

$554,575.—V. 155, p. 2286.

*

.meat

Dismissal of Action
Motions
U.

S.

based

District

cn

against

and board of directors
Greensboro

»N. C.\

Mary* B. Healty,
*

in
•

early

summer,

Charging Fraud In Stock Handling-

jurisdictional grounds to dismiss action started in

Court

were

tf. S.

the

and the company's officers
filed Sept, 18 in- the office of the Clerk of
company

making
the

complaint filed
directors

of

the

engaged in illegal arrangement to enrich themselves at the
the corporation, secretly and fraudulently causing the
of discriminatory payments on the part of common stock of
of

Net

of

dismissal, filed separately by the company, officers and
Wachovia Bank & Trust Co., are to be heard by Federal
Judge Johnson ,J. Hayes on Oct. 9,
.
..
'
?l / [
,
directors, and




,

31—

*.

income

income

from

Net

income

Net

transferred

charges

all

after

and

/

:

-

.

except

.

.

excess

profits

"

V

,

per

share—

balance

sheet

—.

of

as

May

31,

1942,

2039/

VJ

'

$378,157
,109,963

$274,792

$268,194

1,200,000

1,150.000

' 1,200.000

$0.15

$0.14

$0.24

Federal

has

been

income

made for
has been

tax

new

tax law
six

for

$0.22

excess

/

profit tax, but a
which company,

provided

sufficient

now

months

Coffey has

E.

Ray

been

elected

to

General

Manager

of

plants.

He

will

maintain

his

-v

/-

the

office

p.

1-317.

•'

■

.,

/

all

board

Brooklyn

the

in

.

*

X

directors.

of

and

He

6 Mos. End. June 30—
before

Profit

?Federal

(N. Y.)
plant.—V. 155.

Jamaica

->■■* ;

t'-.

'

' /

/

Net •profit

:

$219,284

"98,878

100,777

$72^95

$118,507

♦$0.34

$0.56

profits taxes//—_

/

1941

-

$171,173

excess

:

:

1942

-

taxes—

income and

also

Island

Long

■/.Sheller Manufacturing Corp.—Earnings—

^__^/'

.

-;Earnings-per share^u«i__-,4i.—
*On 213,839 shares.—"V, 156,. p. 701.
•

Shrcveport

-

Holders

1941

been

$3,793,892

New

1942

*

showed

Laundries,

170,999
69,546

of

$2.20

(

v

"... i..;

of

first

requested
Orleans,

Inc.—Deposit of Bonds

/'/.
to

mortgage

6Va%

promptly

send

La., trustee,

their

15-year
to

bonds

the

sinking

C

the

6 V2 %

bonds.—V.

129,

p.

bonds

National

have

Bank

in

bonds tp
deposited, inter¬

for new

1929.

Signal Oil & Gas Co.—Earnings—
6 Mos. End. June 30—

Net-Income after all

Earnings- per
.

fund

Hibernia

for exchange

of refinancing.
As bonds are
est on the new bonds for the first six months of 1942 will be paid and
a
certificate of deposit issued by the trustee pending the deposit of all

-22,334
153,334

total

.7'....

(La.)

be issued under a plan

-

1),

$564,584
289,792

/

and provision for Federal income taxes.

provision

consider

,

Boston)

1942—6 Mos.—1941

;

>

$171,287$170,522'

becomes

$5,685,554, of which $1,040,630 was cash on hand and in

/ y4,153,

of

Sheffield Farms Co., Inc.—New Director—
./*

current assets
banks and
$300,480 represented United States Treasury tax notes.
Current lia¬
bilities .were $3,956,141,
giving net working capital of $1,729,413.—
The

Corp.

1,150,000

Sought—

,1,810,008
485,408
483,966
72,596
$6.68

taxes-

-

Shares of capital stock outstanding——i,——

Earnings

Sons

1942—3 Mos.-r~19.41

;

depreciation

the

1941, prior to which quarterly
155, p, 2372.
/
/ ! >

to cover increased rates anticipated under
being considered by Congress.
ended June 30, 1941,. amounted to $10,208,694,
compared with $9,251,046 for the like 1941- jreriod.—V/155, p. 2286.

/

operations after all chargesearned surplus
■

to

per

for

Sales

for

prov,

record

made on

.

——$9,258,853

—

cents

25

holders of
been

775,000

,

——

—

Schrafft &

stk. outst.
share.„

cap.

officials
/the

10,061,467

A—-

2287.

F.

W,

profit"

of

Not'e—No

Manufacturing Co.—Earnings—

6 Mos. End. May

of

corporation.

Petitions

p.

Federal
a

company
expense

131,

Sales

District Court.

stockholder of the company, in
alleges that In 1911 officers and
a

"Net

reserve

Reynolds Tobacco Co.—Replies to Suit—Asks V
Russell

before

♦After

•

This issue of bonds-—-———/—
—V.

(R. J.)

(Including

Earnings

/ • -•
4,137,618

property values of all parishes individually
collateral mortgages and Diocesan assess-

to

75,348

be
of

on'

notes,—-

stock since and including Oct. 1,

$245,870

-.$1,600,240.

properties individually

,

_

employ¬
//vv/

of

dividend

1

178,986

"'-

$1,163,540
436,700

-------•''-./--r-----'------—

of

Aggregate

against

the. respective

of

value

quarterly

a

payable Oct.

$350,253

'

.

mortgaged-

/

liabilities

$740,245

"

———C-—Av—Li A——..

Aggregate

•

■

Inventories'

'

• *

■

t

the

31, Ipl'J

at this rate have

taxes—^

\'>

1941, company reported a
share,, before provision for

•.

current
June

"

pledged^--.——
amount of Diocesan assessment notes pledged—

Aggregate

Note—For the nine months ended June.30,

v' v..v.' '/f-- ,v v/'■
\
Current assets as of June 30, .1942, including $212,023 cash, amounted
to $1,588,957 and current liabilities were $532,532.
This compares with
■

bonds:

declared

stock,

Period Ehcl. June 30—

Profit

as

Aggregate amount of collateral mortgages

■

•

Federal Income taxes—

aggregate principal amount of Diocesan assessment
individual obligations of 102 parishes of the Diocese of
in the aggregate a valuation of $10,061,468.
The Diocesan assessment notes are not secured by mortgage.
.: "
The following is a summary of the collateral pledged
as security

Federal

17

Sept.

on

Quarterly distributions

•

representing

Altoona,

expansion/in

require

(F. G.) Shattuck Co. (& Subs.)—Earnings—

notes, being the

;v: 51,310

-4

ftNet

♦After

.

and

profit$115,014
Earnings per share on 290,000 shares of capital stock——Vj-' - > • $0.39
.

or

$436,700

••:r' (b)

$166,324

taxes,j.—:

substantial

lor

payment of 35 cents each were made.—V.

such Bishop and for his suc¬
cessors (and not individually),
Further, in the opinion of counsel, the
bonds will be secured by an assignment to and pledge with the trustees
of collateral security as follows ://* ?".//'■
;/
A-'-'
,1
(a) $1,163,540 principal amount of valid, direct individual first mort¬
gages on 21 parishes and. institutions of the Diocese of Altoona, which
parishes, and institutions, in the opinion of the obligor, represent an
aggregate valuation of $4,137,618. '■ :/
.
;
for himself

Altoona,

of

Diocese

provides

2,000 people.

the common

on

19.

common

•

ShS.;

*

the

Earnings for the Nine Months Ended Jane 30, 1942
before

Profit

.

Sept.

held
mis¬

Security—The bonds when issued, in the opinion of counsel, will
the direct obligations- of R. T. Guilfoyle as Roman Catholic Bishop

■

additional

directors

share

per

,

the diocese.

institutions of

and

sions

$39,087

Reynolds. Spring Co.—Earnings— y

.Federal .income

The

the order of
and

gations sometimes known as intra-diocesan obligations which are
within the diocese by the obligor or by certain of the parishes,

■

/"r>V 1940

interest, Federal income taxes, etc.; and in

provision for

Note—Provision
•amounted

1941
$191,422

$0.95

,

♦After depreciation,
•

$787,907

Navy

Seven-Up Bottling Co., St. Louis, Mo.—Dividend—;

/

'

"Net

common

all

of

t

the parishes,

from time to time for the payment
mortgages and
encumbrances • outstanding on
trustee

the

from

Earnings for the 15 Months Ended March

".

i against the properties of the obligor and all parishes, missions and in¬
stitutions of the Diocese, excepting only permitted liens as defined in
the indenture, and one parish mortgage of $25,000; and toward the
payment and retirement of substantially all unsecured obligations of
the obligor and all parishes, missions and institutions of the Diocese
of Altoona other than current operating accounts and other than obli¬

1942—6 Mos.—1941

965,

Reliance Mfg. Co. of Illinois

v

/y-://''/'''

,v >-//

charges;Fed.

156, p.

■

1942—3 Mos.—1941

Period End. June 30—

.

the

by

is

.Net profit after taxes, depreciation and other deductions-^
$6,228
Note—The above net profit compares with a net loss of $168,277 for
the year ended Dec. 31, 1940.—V. 151, p. 1735.
"

outstanding.
issue is closed at the principal amount of $200,000.

The unsecured note

ancf

plant facili¬

a

Segal Lock & Hardware Co., Inc. (& Subs.)-^-Earns.—

;

the obligor

retirement

Reed Roller Bit
-

ment of an

and sale of the bonds now offered, and the
of approximately $175,000 of .unsecured notes

the

contract

piston and cylinder sleeve ■ production.
;/■■■; •
When completed, these increased facilities will

current accounts

exchange for certain obligations of the obligor and of
missions and institutions of the Diocese which are now

was

1, 1942, totaled $2 par share.—V. 155, p. 2462.

at Aug.

ties

recently made available through

■

effect organization and economies in

in

value, payable Nov. 2 to holders of record Oct. 21. A
paid on Feb. 1, May 1 and Aug. 1, last. Arrearages

par

no

..like amount
as

have declared

directors

'

through
issuance

// The

Additional equipment

and excepting obligations held by the obligor or by constituent parishes
of the Diocese. The consolidation of indebtedness is being accomplished

Reed Co.—Accumulated Dividend—

..

recently completed

was

in production on aircraft rings.

now

.

determined to consolidate substantially
of Altoona, Pa., and -all constituent

missions and institutions thereof, excepting

parishes,

;■/ />//

2286.

p.

(C. A.)

•

Dioeese

of-the

indebtedness

ail

was

$■: V. 155*

order to

Issue—In

of

Purpose

the debt service, the obligor has

holders of record Sept. 21.
A like amount
paid on April 1 and July 1, last, and on April 1, July l^and Oct. 1,
11941, while on Dec. 26, 1941, a payment of 60 cents was made.—
stock,

production of aviation piston rings;
A large addition to the present plant

Moser, co-trustee.

Joseph C.

and upon not less than 30 days'
notice, any and all of the bonds, the maturities of which may be
designated by the obligor, may be redeemed on any interest date by
payment of principal, accrued interest and a premium on the principal
as follows:
l',o if redemption be effected on or prior to May 1, 1945;
if redemption be effected after May 1, 1945, and on or prior to
May 1* 1947; if redemption be effected after May 1, 1947, no premium.

President of the Baltimore & Ohio RR.

'v.

.

Redemption—At option of obligor,

President of the Baltimare & Ohio RR„ has been elected
Chairman of the board and a director to fill a vacancy caused by the
R. B. White,

death of Daniel Willard, former

,

%

♦On 179,381

charges and

'

1942

shares.—y^. 155, p. 2189.

--

■

1941

$479,314

taxes___„^_-__

share—

$573,888
$8.20

♦$2.67.

.*

.

.

|

'

•

Volume

156

Number 4111

THE COMMERCIAL &

Simpson's, Ltd.—rAccumulated Dividend—

i

The

directors

account

par $100,

have

declared

.accumulations

of

payable Nov. 2

to

dividend

a

the

on

6% %■

holders of

of

$1.62%

cumulative

record

$6,763,400

Oct.

share

per

preferred

17.

like

A

on

Canadian

Earnings
♦On

after all

Currency)

stock and
of

•„

m-v

$209,922

—%-™VVv:

4,750,000 shares.—V.

155,

the

class B

(a)

'V.

of

7%

the
outstanding $40,000 -first mortgage 6%
bonds dated
1933, and maturing Jan. 2, 1937 to 1948, have been called for
redemption as of Jan. 2, 1943, at 101 and interest.
Payment will he
made at
the principal offices, or agencies of La Banque Canadienne
Nationale.tin Edmonton,. Canada (through The Bank of Nova Scotia in
said city), and in .Toronto, Montreal and Quebec, Canada.
;
,:y.

stock

V$

shares of
The

The

directors

share

in

the

date.

same

issue oh

this

Dec.

$50,

par
An

17,

both

payable

extra of 25

Sept.

15

cents per share was

last year.—V,

143," p.; 4015."

holders

to

be

the

the

B

by

E.

S.

Griswold

scrip

John

and

Sloane,
in

been

elected

'

President,

certificates

In

foi>

such

announced,

was

and

member-of

has

the

Mr.

.Griswold

Vice-President

as

joined

and

the

board.—V,

110,

If

:

;

the

of

the

and

be

new

class

of

the

B

shares

of

but

rights

the

the

new

stock

together

amounting to $364,807

holders

as share

of

with

of Dec. 31,

as

the

earned

surplus

of

6Mos.End

June30—

Earnings' .per

;i

16On

-v.,*

1942

-y

.

and taxes-.

75,633

.

$346,399

*$1.32

shares.~-V.

common

1941

v

$210,169

share—_~u__

Est.

$3.12

'

0y

156, p. 438. y

and

,

:

■,

.

ViH%i942

».'■

$ 1 '■■■■'

\

■.

♦Net profit after Federal income taxes

Vv% : 1941

for

''

$

.

of

charges

to

.

$0.41

*

follows:

tax

rate

J As finally adjusted.

against 1942
"
y y'V1,../v '

1

-■

New Vice-President—

(2)

earnings.
v1"

,

'

Walter
Eastern

L.

Faust

sales

has

been

elected

Vice-President:

a

He

had

been

in

charge of Socony-Vacuum operations in
Eastern part of the United States.—V.
156, p. 518.
manager

Profit

—

income

and

excess

and

the

reclassified,
(in order

"f.

tion,
(b)

$3,922,380
charges but before Federal taxesL%yi—9;.541,404

after

Provision for Federal

—

profits taxes

share

per

156y p.

317,851

on

shares—

common

167.

I

and

A

dividend

of

10

cents, per

share has been

declared

*

•"

43,870

section

this.

the

on

♦

Net' profit

Earnings
♦After

charges

!

Federal

for

Federal

The
the

taxes

has

been

1941.—V.

in

Six months

income after charges

Earnings

The

net
all

Federal

taxes

computed

of

Ended

June

in

profit

1942

at

65%

■ '

for

charges

the

Ry.

the

r

,

recommended: for-the

$92,686 for the month.

neW

tax

bill, -the

profit

,

^

totaled

16,374

v

of

tons

pulp

for June,, 1941.

in

June
.

,

,

„

compared
«.»..*

,

,.v

Production, aggregated 6,408 tons against 15,962

and

15,556 tons in June last year,

■'

vr

with
*

,

•

.

15,624

per

1942

:_J

based

were

on

the

V

$1.14

^

the

V$2.14

made

was

1942,

a

dend

of

1

holders

to

this

on

issue

on

payment .of $1.50
40

amounted

cents

to

of

April

$19.67%

per

1

Sept.

and

account of

17.

July

A

was

paid.

1,

last,

share.—-V.

-Arrearages

:

156,

p.

of

Jan.

on

2,

1941.

a

of

rents,

2,

Jet

after

income

charges

1942—3 Mos.—1941

of

1942—6 Mos.—1941%

all

$86,087

$373,665

$251,656

*$0.74

$0.24

*$1.68

$0.95

shares.—V

155,

company

on

Sept,

21

filed

with

the

tion to reclassify its outstanding capital.
follows: ■'

SEC

an

amended

applica¬

Southern

Colorado

Power

Co.

The proposals are summarized

proposes

to

consummate

plan, as
gmended^ for its reorganization and recapitalization pursuant to section
11

(e)

of

said

provisions-of
proposal
(1)
the

are

Act for

section
as

Coincident

plan,

proposes

as

the

the

11

purpose

(b)

(2)

of

of

enabling it
said

Act..

to

The

a

comply

or

substantially coincident, with the

amended,

March

28

26, 60 cents.

-

—V.

earnings

745,072

235,302

29,615,733

29,186,100

4,743,379

debt

5,101,309

9,497,918

10,284,630

915,833 %

690,924

1,831,368

1,346,774

487,500

1,012,500

487,500

173,905

103,558

397,071

109,590

265,544

269,839

523,830

528,151

disct.

net____

of

debt

by

net Cr_-,
for

reserve

oblig,—

guar,

amort. ;&

•

misc.
487,593 ;,

415,728

948,080

872,121

8,341,453

9,143,664

Divs.

on
capital stocks' *""
"
held by public—„4,149,458
Minority interest in un•:

16,199,108

15,776,514
1

■■

.

%

;

4,216,694

distributed

net

inc.—

356,590

Undistributed net inc.™
Balance

of

income

>

,

-

„

244,492

from

322,831
.•

7,339,736

6,904,827

of

subs, companies—
inc. of Stand¬

4,604,247

*>

>

3,880,267

& Elec;:
affiliates.

105,460

404,949

210,921

932,804

201,631

402,051

402,051

4,486,847

7,952,708

8,239,687

162,500

from

income

200,723

4,910,430

Dividends
Other

'

'

,

46,097

.

Other

ard Gas

.-

■

8,548,856

,

508,457

'-

33,369

-

'

•

8,304,818
1

-

364,315

others.

—

5

.

Expenses and taxes of

;j|:

Stand. Gas & Elec.:

Corp., fiscal and -admin.;
1

expenses

179,922

348,884

51,588

82,596

139,063

136,439

75,678

72,908

153,555

150,816

4,620,664

4,151,421

7,311,206

7,588,117

1,880,835

1,946,033

3,781,910

4,061,750

Legal service

;j

(other than inc.)

Net income
Income chgs. of

Interest

27,410,666 284,291,856 187,627,334
2,804,390
25,925,014
17,687,571

8,871,479

882,006

505,270

5,455,583

7,447,141

Amort,

r:

%y
co.:

5,798,579

983,762

737,789

;

debt discount

expenses'

41,926
int..

on

Other interest
Consol.

Cr4,201

r 2,248,334

1,578,649

1,422,010

10,016,560 111,992,859

104,865,

-

62,140,411
13,328,045

45,019,938

11,664,751 % 9,153,943
,696,800
466,902

62,085

8,824,561

a

$100,

par

at

payable

the* rate

of

5%

Nov;
per

to

2

annum

net income—_

'Revised

2,671,256

for

.

*

Week Ended Sept. 14
1941

-

—Jan. 1 to Sept. 14—

:

1942

after

1942—3 Mos.—1941

1942—6 Mos.—1941;

$94,597

$233,398

on

said

profit,

profits

sion

is

due

to

849,928

851,928

849,928

851,928

$0.14

$0.11

$0.27

$0.19

Note—No

provision has been made for Federal income taxes for
year
ended June 30, 1942,
been made in accordance with the Revenue Act of

subsidiary

companies for the 6 months' period
have

1941. In

the

this

those

the form

Act,

be

can

which

in

imposed

by

reliable

no

made;

such

Act.

estimates

however,

if

Pending

of

substantially
enactment

tax

liabilities

1943 tax

the

the

bill

is

of
for

enacted

in

it was passed recently by the House of
Representa¬
by the subsidiary companies for Federal
profits taxes for the 6 months ended June 30, 1942,

the provisions required

income and
would

r;

than

Revenue

period

tives,

instances such provisions have been made at

some

rates

1942

be

excess

increased

be

the

by approximately $895,000 and consolidated net
and 12 months' periods ended June
30, 1942,
by approximately $627,000 in each period,

6

months'

reduced

:

;

Earnings of Company Only

,

Period Ended June 30—

; 1942—6

"

Mos.—1941

1942—12 Mos.—1941

Divs,

from

affiliates-™

$2,198,429

$2,463,996

$4,943,091

$5,327,468

from

others-™-™

200,723

201,631

402,051

402,051

65,313

65,313

130,625

130,625

Int.

funded

on

debt

of
,

affiliate

™—_™—_:

Miscellaneous

interest™

;™_,_™

.

—'

5

$2,464,465

expenses

$2,730,940

$5,475,767

$5,860,149

162,500

179,922

348,884

364,315

:

Legal service

51,588

82,596

139,063

136,439

75,678

72,908

153,555

150,816

$2,174,699

$2,395,514

$4,834,265

$5,208,579

1,880,835

1,946,033

3,781,910

4,061,750

41,926

43,046

84,335

89,750

27,328

48,849;

52,538

(other than inc.),

..

Gross income ;™_™;V

Interest
Amort,

on

of

■

funded

debt

debt discount

the

and

taxes

.

V V':/.'.

....

1942

has

also

aggregating

prospective

$4,685,200

provided

$685,000.

increase

in

the

for

$4,694,168
305,845
taxes

additional

This

additional

income

tax

and

of

income

provi-*
excess

assumed

int._

26,166

Other

interest^™-™-™

481

Net

instalment sales in

the

for

years

income

tax

of collection.

income

Note—No

1940

as

ment

on

481

the

of

——$225,291

145

$918,690

$379,107

$1,004,396

provision has been made for Federal income taxes for
company

open

,

claimed

a

deduction

indebtedness

account

due

for

from

loss

arising from

Mountain

year

settle¬

States

Power

Co., pursuant to amended plan of reorganization of that company con¬
summated in 1940, which loss exceeds the company's taxable income
for

...

on

—.

1941

.

profits

expense

Taxes
•

reported,

gross

tax

earn¬
..

generally,

.;

These will be applicable not
only to the company's profits on current
sales but also on its unrealized
profits on sales made prior to 1942,
inasmuch as .Spear & Co. since 1918 has

purposes,

those

.

™™-™„_™™„_™,™™™—„

excess

of

earnings

$158,775

Profit before prov. for inc. & exc.
prof, taxes™
90,294
t
Note—In. 1942 the company provided for normal income
and

retroactive

and

Taxes

$119,672

•

Months Ended June 30—

$44,000

to

release

stock

com.

,

effect

Corp., fiscal and admin.

Co.—Earnings—

all

taxes.™™

155, p. 2372.

sales

>3,383,934

approximately $241,000 for the 6 months ended June
30,
$483,000 for the 12 months ended June 30, 1941, of undis¬
of Philadelphia Co., which amounts are
required to
be retained in surplus by that
company pursuant to order of the SEC.

%

1941

3,737,786 181,206,994 124,469,259

Spear & Co.—Earnings—
■

145

3,395,631

:

outstanding —i™
per share—™ '

Net

481

Divs.

789..

Earnings

6

89,750
52,538

;

48,849

t2,135,014

comparative purposes-to give

Total

—V.

84,335
:

(Includes

1941,

tributed

would

156,

Period End. June 30—;

of

27,328

481

other adjustments recorded
subsequent to
ings in 1941./.j:;-.;1'.■: '

higher

Preferred Stock

on

dividend of $1.25 per share on

stock,

Dividends

156, p. 1060.

Shares

26,166

and

6,284,131.

of $2 per share has been declared
on
the
O. stock trust certificates, payable Oct. 1 to holders
A like amount was paid on April 1, last. —V.

Southland Royalty
income

43,046

V;:
;v.

assumed

-

18,391,256
'7,883,181

preferred

debt

•

2,300

15.

funded

on

of

and
Taxes

3,245,371

,

5,684,413

profits tax rates.

of

33,910

15,203,195

Balance

1942—8 Mos.—1941

4,100,989
64,663,111

.

the

consummation

on

Taxes

4,395,897
'85,836,083

:

:

the
,

29,421,402

deductions

dividend

Sept. 15.

with

but not necessarily as a part thereof, Colorado
retirement and - redemption of its presently outstanding




Dec.

Stock Trust Certificates—

on

elements, of

follows:

30,360,805

subsidiaries-to

Sundry

and

as

!

follows:

as

1418.

p.

Southern Colorado Power Co.—Files Amended Plan—'
The

were

11,835,412

Oct.

semi-annual

record

Gross

%

$170,658

166,650

1941

75 cents, and

504,455

Sept. 22 declared

on

record

charges &

taxes.™.

♦On

pay.

on

paid on this issue from 1923 to and including Oct.
15, 1931; none

Dividend

Net

Sarnings per com. shr._

and

share

per

29,995,505

'■%*.1942

?

Period Ended June 30

cents

43,239,280

income.

oper.

Period—

last,

Inc.—Earnings

1,031,292

15,237,105

Total

* 3,968,423

net, Dr_„.

p." 1060, 966,..870,

86. %

Southern Advance Bag & Paper Co.,

certain

Approp.

divi¬

July

2,448,398

15,840,100
457,993

expense

Other interest,

pro¬

558,456

Southern Ry.-M.

cumu¬

distribution

while

as

$5

accumulations, :

similar

made,\ In each quarter of

was

share

per

record

the

and

income for

>r^^;y>1'iJyy

payable Oct.

and

since..

A

on

v.

5,934,261

5%: non-cumulative

were

Southeastern Investment Trust, Inc., Lexington,
Ky.—
Accumulated Dividend—
declared

/

•

amended,

as

4v't ^

3,419,920

tl. ry. oper._

The directors

-1941

y

50

of

..Southern Ry.—Resumes Dividend

(

A dividend of 40 cents per share has been
lative first preferred stock, no par value, on

plan,

54,611,370
39,191,521
V'**Before provision for interest charges on
outstanding debt, or other
non-operating income items.—V. 156, p. 789.' '

s

pending bill.—V. 155, p. 2372.

.

dividend

42,005,073

struct.

expenses-_;-ri

rev.

holders

-

debt

amort,

disct.

to,

1942—Month—1941

;

equipment

"Net ry,

'■

taxes,yi-'iLy.iwyiiyu^y>y$630;310^ $1,119,640

shares—

common

Note—Taxes in

of

expense,:

Special

be

Co.—Earnings of Transport. System

Ry, tax accruals-1

month

t
1942•

Earnings

to

in
u,

the previous

way &

'

Net income after Federal

Pacific

General expenses -I™---

Equip,

Ended-July 31

*

and

,

sim¬

or

Electric Co.—Pays 50-

%V%v:

to

.

.

^

(

Six Months

a

each, Sept. 26,

Joint facil rents, net, Dr

earnings for the first six months of 1942, after depletion and :
provision for Federal taxes under the >1941 Revenue Act amount to
$857,286.
; : ' :>
■;% v>::y
I iy
yU-' ^

May and-16,177

cents

expenses

Misecll.

:

proposed

,

&

Transp. for investment-

Net

.ySales

of

Net

be cut

would

v

,

Power

Payments during

revenues--

of

Revenue Act.

Figured on* the

823,495

15,382,107

funded

on

Amortiz.

(b)

$25, to holders of record Sept. 17. This com¬
paid on June 26, last, and 50 cents on March 27

Transport, expenses

$976,473

Act;

7,241,344

1,459,593

v.-: y-.

income

Interest

Co.

11

is

carry out the terms
Submission of the plan, as

,

^y%.':$l;.87

Revenue

27, SO

oper.

Traffic

of June, 1942, amounted to $145,186
depreciation, depletion and provision for

1941

which

and

155, p. .56,

Maint.

3tt
' 'y
'•
:■*,;?: 1942I94iy>.

the proposed

enforce

^

month

including

taxes 'under

June

8,135,739

9,459,264

:

income

oper.

Gross

par

cents

8,614,769

4(076,179

'

'

$546,269

on

above

obligate itself

Sept; 25 paid

on

4,237,531

•

Period Ended Aug. 31—

of

■

ILLl;L—$0.99

based

were

integration

stock

4,831,126

.

taxes

Other income, net Dr

request this Com¬
District Court pursuant to sections 11 (e)

to

Act

stock,

60

Southern

!

and taxes—

share_-i__

per- common

Note—Taxes

••(

shares

,

y:%%%%''■: ''V;;;?y%v'.V-y

after

796,378

155, p. 2287."

Co.—Earnings—

%;yy:y'!;v:yi:'V:y;' Earnings,
Net

with

-

v

Electric

section

Net

>.

Holding Company Sys¬

the

the

approve
not

^ $0.24 ?

y

(Including wholly owned subsidiary, Lyman Timber Co.)

.

company

common

—V.

%i $189,748

$0.16

On

&

the Internal Revenue Code).

does

U. S.

a

said

the current year.

and

1941

'

$128,951
-

of

should

Cent Dividend—

Maint.

Sound view Pulp
,

1942

'

compared with 35%:

as

taxes.*:

income

'

Note—Reserve

income

and

stock.

common

*

-.™_;.™u..™*

of

of

5,764,505

11,154,946

inc.

profits taxes ..A-——

Divs.

pares

1

share™."

common

(f)

but

apply to

order

5,878,560

12,446,388

5,352,855

than

Prov. -for Federal excess

distributed under the plan, as amended
loss may be recognized in such reclassifica¬
distribution of stock as provided in section 371

Southern Berkshire

of

L™„

per

to

the

Co.

2,777,185

5,796,562

or

Commission

(f)

18

in

Electric

&

$

2,903,603

60,000

p. 1060.

common

jcl

'

371

Gas

(other

$

6,257,065

*3,101,942

and/r

gain

no

appropriate to the

———

and excess profits).,— '

.

Sonotone Corp, <& Subs.)'1

31,041,399

the plan, as amended.
amended,
to the company's
security holders for their approval or rejection is not
contemplated.
V-.
^
i
Robert P. Reeder, an officer of the Commissiori is
designated to
preside at the postponed hearing on Oct. 16.—V. 156,

Stock, par $5, payable Oct, 1 to holders of record Sept. 21, This com¬
pares with 25 cents paid on July 1, last, and 10 cents on March
31^
1942.
Payments during 1941 were as follows: March 31, 25 cents; July
1, 25 cents regular and 25 cents extra y Oct. 1, 25 cents regular and 25
cents extra, and. Dec. 20, 50 cents.—V. 156, p, 438%
V.V.-V-;

6 Mos. End. June 30—

and

visions of

yv

Sonoco Products Co.—10-Cent Dividend—

itemization

applicant may,

and

$0.48

™_.

34,431,339

$3,594,887

necessary

exchanged

that

mission

Earnings

is

exchange and/or

If
the

378,983

$162,421
—V.

93,790,627

16,109,690

——

income

surplus

plification of the Standard

Co.—Earnings—

Earnings for the Quarter Ended July 31, 1942
sales

Net

103,639,523

17,482,612

Act

stock

common

the

tem

Solar Aircraft

said

of

1942—12 Mos.—*1941

$

Taxes

by simplifying the applicant's corporate structure and
effecting a fair and equitable distribution of voting power
among the
holders of its securities. The
application requests (1) an order approv¬
ing the plan, as Amended, and (2) a recital in the order
approving
the plan, as amended, that the
contemplated distribution of the new

income

45%

a

Subs.)—Earnings—

49,057,747

33,817

poscj of-enabling the applicant and the Standard Gas
Holding Company System to meet the requirements of

for

(&

$

:'i

169,085

tAfter

allowance

-

Co.

1942—6 Mos.—'*1941

Maint. and repairs
Appro p. for ret., deprec.
and deplet. reserves

$186,172

Including full equity in the six months' estimated earnings of the
Standard-Vacuum Oil Co., in which Socony-Vacuum has a 50% interest,

»

Gas & Electric

Prov. for Fed. and State

™-.

1060.

Operation

Colorado

'-v.

adjustment of property

p.

53,626.954

bonds

new

yy-'-y-'■ y;:

.

Period End. June 30—

presently

and Issuance and sale of the

45

Subsidiary companies:
Operating revenues™™

bonds, if any/will be
1''V; V.',\
plan was filed for the pur-

113,000,000

$0.43

redemption

stocks, to
154, p. 250.

■>y/street

y *The premium on the sale of the proposed new
credited to reserve for adjustment of
property:-1;,;
The application states that the amended

:

i -

(est.)— (13,500,000

Earnings-per

Total

y

f

with

notes

Socony-rVacuum Oil Co., Inc. (& Subs.)— Earnings—
6 Mos. End. June 30—

>

connection

outstanding bonds

Reserve

.

in

expenses

preferred

stock.—V.

(Exclusive of Pittsburgh Rvs„; subsidiaries of
Pittsburgh Rys. and other
railway subsidiaries of Philadelphia Co.)

become

as

second

common

a

Standard

cer¬

holders of Colorado until

1941, will be employed

and

1942,

1001.

p.

for.

scrip

will

first

as of April
30, 1942, was $10.08 a share, against
share at Oct. 31, 1941.
Total assets were $2,070,196 at April
Net unrealized loss on investments was
$37,677.
In March the
company acquired 85% ownership of the iron and brass
foundry of Albert Russell & Sons at
Newburyport, Mass,—V. 153,

30,

class

stock

such

$5.50

on

225,000 shares of

on

The net asset value

$10.03

the

common

and expense on 1st mtge. bonds
Redemption premium on 1st mtge. bonds, 2% %
J—.yy"
Duplicate interest on 1st mtge. bonds for one month
Est. expenses in connection with consummation of
plan

Sloane-Rlabon Corp.—Earnings—

Net profit after all charges

stock

to

the

common

so
exchanged, all scrip certificates
from the date of their issuance.

common

share

a

Utilities, Inc.—V. 156,

representing such fractional
accompanied by other scrip certificates

Unamortized debt discount

»

B

preferred

hew

..

thus

common

the holders of

to

shares

taxes of $450,000 may be pay¬
period, after said provisions, resulted
charged to surplus account.

Standard Equities Corp.—Asset Value—

will1 be-distributed

1.10%

profits

the

Transfer Agent Appointed—

-

cumulative

years

Federal""*

The Continental Bank & Trust Co.
has been appoined New York
transfer agent for the preferred and common
stock of the Southwestern
Public Service Co. and
agent for the exchange into the common stock
of that
company of the presently outstanding stocks of Community
Power & Light Co. and of General Public

issued

shares,
no

the

7%

the

directors on Sept. 17 declared an Initial
quarterly dividend of
per share on the new 6%%
cumulative preferred stock, par
$100, payable Nov. 1 to holders of record Oct. 20.■"% :

com¬

will

y•'%

of

old

stock

fractional

will

full

94.03%

A

of

stock

common

stock.

in

provisions,

$1.62%

thus receive

share

books

Southwestern Public Service Co.—Initial Dividend—

>

class

stock Will

each

B

of

its

aforesaid

The

cumulative

not

years

the
and

1

share

for

class

of

'

each

excess

The results for

the

deficit of $638,706 which was

cents

"(4)The (capital surplus of $3,230,000
resulting from the reclassifica¬
of the 7% cumulative preferred stock,, class A common stock and

:

class

1857.

p.

two

from

in

reported

from

June 30, 1941, company reported net
profit
$205,845 after charges and Federal income taxes, equal, after divi¬

presently out-,
stock

and

that

For the six months ended
of

tion

Treasurer.:

since 1921, has been elected Treasurer

company

the

board.

served

in

the

common

share of 7%

common

common

stock

lieu

certificates

exchanged.

so

void

it

for

A

common

exchangable, when
representing one or more full

York—Changes In Personnel—»

Chairman, of

1937

Tinsley, with the

a

has

of

shares and

also paid on

.

organization
G. R.

Jr.

class

holders

new

common

stock.

common

stock,

of

resulting

of

A

stock.

stock

new

tificates will be entitled to

j <W. & J.) Sloane, New
:CW.

class

for each

common

distribution

the

to

income

1943.

were

made.

estimates

dend : requirements

and
unpaid dividends thereon.
preferred stock will thus receive a total

new

holders

proposed

allotted

4.87%(of

State

a

common

452,160 shares

y;1 y,

stock

common

shares of the

holders of class A

.

declared an extra dividend of 25 cents per
the usual quarterly dividend of 25 cents per share

stock,

common

record

will

recently

addition to

the

011

the

The

and

in

profits

gross
were

company

able in

accumulated

holders of

stock.

common

receive 5,000
Under the
stock:.

*/,

-

stock,

follows:

common

new

the holders

to

,

,

.

of

amount

Colorado, the

into

such
sales

The

of

stock,

common

preferred

all

whereas
wherein

$4,521,600, or a new
capital stock sufficient to

authorized

new

22,000 shares of the new common stock.
(c) 1/15 share of new common stock

2,

Sloan & Zook Co.—Extra Distribution—■

and

total

a

1157

plan.

the cumulative

share

stock.

with

of

as

new

incorporation of

preferred stock, class A

or

distributed

stock

common

425,160

be

$10),

the

cumulative

holders of

mon

of

formed

will

of

stock will be reclassified

(par

shares

10 shares of

(b)

y

be

articles

cumulative

common

452,160

preferred
The

7%

stock

will

the

to

requirements of

The

standing

$0.04

•'V-.4'1

2286,

p.

*'$0.04

—Bonds Called for Redemption—
All

class B

common

reclassification

1941

$179,973

—i;.™':"

meet

(The) Sisters of St. Joseph, Edmonton, Alberta, Canada

Jan.

new

(3)

1942

charges and taxes

share—;.

per

amendment

presently outstanding

"

'

6 Mos. End. June 30—

income

By

corporation
in

•

Net

(2)

•,V':vv

Ltd.—Earnings—

(Stated

.

together with treasury cash in the estimated
approximately $100,000, for that purpose.

of

been paid on this issue each quarter since and including ^May I,
1940, while on Feb. 1, 1940, a payment of $2.62% per share was made,1..
Arrearages as of Aug. 2, last., amounted to $22.62% per share.-^-V. 156,1
p. 701.:
;•• *
•

.

first

proceeds thereof,

amount

has

Siscoe Gold Mines,

CHRONICLE

mortgage 6% gold bonds due July 1, 1947, by the
issuance and sale of $5,500,000 of first
mortgage 3 % %, 30-year bonds
and $1,200,000 of 10-year 3% serial notes
and the employment of the

stock,

'

FINANCIAL

that

taxes for

the

Neither

year.

the year

has

1941

or

provision

been

made

cation

in

claimed

April,

1941,

of

for

Federal

for the 6 months ended June 30,

deduction for loss on its
Rock Oil Corp. and Deep Rock Oil & Refining Co.
company

the

proceedings for

investments
as

a

income

1942,
in

as

Deep

result of adjudi¬

reorganization

of

Deep

■

the
'

;

Weekly Electric Output—
Electric

of the public utility operating companies in the
Electric Co. system for the week ended Sept. 19, 1942,;

167,590,000. kwh;,

and taxes———

income after all charges

Shares of

Earnings

per

85,210
$1.61

capital stock outstanding—_

share

155, p. 2190.

—

.■

■

Ended June 30—

Earnings per

deductions

shares.—V. 152, 3988,

1942
$29,828
*$0.23

.

.

$45,342

Net

June 30—

$0.35

profit after charges and

Net

—V.

taxes

Earn,
;

i

& Acid Works, Inc.—

Products Engineering Co.—Earnings—
Ended June

Period

-after

income

Net

Thermo id

charges
Earnings

before

Co.—Earnings—

.

.

2287.

155, p.

6 Months Ended July 31—

-

V

-

v
:

—.

.

*$0,36 !T"./; $0.75

185,000 common shares.—V, 155, p. 2058.

•'On

tentative pro¬
substantially

;.$95,692 < , $81,644
$221,462
134,965' '• • 134,150 ; 1 134,965
$0.71
( "
$0.60.$1.64!

'

share.

and

income

57,156

62,547

trust.

*

■

share

per

taxes amounted

Federal

for

; $216,440

to $186,536 in 1942 and

64,405

92,083

lTo",850

189,500

*380,000

,

Corp.—Earnings—

Twentieth Century-Fox Film

Subsidiaries—Exclusive of Roxy Theatre, Inc.)
June 27, '42 June 28, '41- June 29, '40
Income from sales and rents....^ $28,163,602 $21,035,735 $23,934,628
Dividends, other income, etc.
903,460
616,392
491,864
(Including Wholly-owned
26 Weeks End;—

$230,612
$0.43

$53,522
$0.06

^

,

Total

Oper.

-

$29,067,062 $21,652,127 $24,426,492

income

exp.,

•• ■'.
!
\'5,883,134 / 5,295,602 '

office &

head

exch.,

of

exp.

admin,

etc.

/.

5,488,394
800,000

assets-3,100,000 i 1,500,000
Amortization of production costs—
15,820,928 12,309,345
Participation in film rents!——!—
692,410 - 1,460,666
Interest
3,760
9,092

15,760,572
2,054,416

141,844

173,626

74,300

30,700

foreign

for

Reserve

The

Sunray Oil Corp.—Earnings—

;

9 Mos. End. June

operating

Gross

Net

income
after taxes (approximately)_._..,__

profit

Earnings per
—v.

share_..^__._

common

$0.27

-

"After

i "'""Preliminary. Earnings, 6 Months Ended June 30, 1943

*Net

7

taxes!—!!!!!'7' $633,730
Vy-:'.y.-'/
V' V.

'! '

Superheater Corp.—25-Cent Common
The directors have declared

was

follows:
Jan. 15, 12Vfe
cents each, and Dec. 23,

as

were

15,

Oct.

and

15

July

1941

during

ments

25

Gross

revenues

after

income

tirement

Net

re-

accruals'

res.

—V.

156,

98,261
790.

p.

1,513,843

1,503,019

1,269,120
*

,

;

.

Taylor-Wharton Iron & Steel Co.—50-Cent Div., Etc.
directors on Sept. 18 declared a dividend of 50 cents per share
the capital stock, no par value, payable out of current net profits

The
on

Oct.

on

to

8

record

of

holders

This

28.

Sept.

with $1.20

compares

after

Sept.

28,
of

1942, for old preferred or old common
deposit for old stock deposited under the

stock, or of
readjustment

1933, are entitled, will be paid only upon the
surrender of such certificates to the Corporation Trust Co., 15 Exchange
Place, Jersey City, N. J.
1 •
;
•
"77
The directors also voted to pay the interest for the six months'
period ended June 30, 1942, on the collateral trust 7Va
cumulative
income bonds, on Oct. 1 to the registered holders of said bonds at the
dated May

plan,

$10,000,000

Co.—Sells

Axle

Deben¬

Privately—Willard F. Rockwell, Chairman, in his

■''/!

the increasing demands for our

Due to

Wis., was sold at an advantageous

legislation

.

1942

Years End. June 30—

.

1941

$45,653,465 $20,427,001

income

Gross

3,064,557

3,413,902

Expenses

;7 $42,239,564 $17,362,444

Operating profit

492,729

286,681

Other income

'
1940
$8,389,564
2,336.045
$6,053,519
170,900

Dec., 1939
$5,052,519

1,849,158
$3,203,360
169,585

1

for

1942

profit

$2,722,022

taxes

$0.49

205,649
$0.33

304,785

Earnings per common, share
—V. 151, p. 2059. 7777 ' 77;.7-77;7

after all

charges

and

-

;

•

Six Months Ended June 30—

7
1942

,

•77
V

•

.

(Excluding European subsidiaries)

7

1941

and

amortiz.

and

provid.

for Fed.

and'

profits '.taxes—'$15,270,746

Earnings per share on
"Federal taxes

respectively,

are

charged at 1941

7. 7 7 r'"

7

a^ld

7

7,7,.

Note—Earnings for first six months of 1942 are after a charge to
of $7,000,000 which has been set aside as a reserve for addi¬
tional taxes and other-contingencies due to the war.—V. 156, p. 872,

Texas
'

&

Pacific

Ry.—Earnings—

Period Ended Aug. 31—

Operating

revenues..7

Operating

expenses

P.y.

-

tax accruals

ry.

oper.

'

Total

Fixed
,

income

100,555
5,144

income." $1,107,985"
._7„

charges

4,618, 200

372,050

-855, 256

88,371-

Cr 12, 460

Crl7,799
$4,170,940

2,815

317.622

331, 029

34,904
$603,686

2,849

$824,297

—V,




1,871,3.72
744,911

$6,611, 446

Cr2,653

$568,782"

$1,144,768

deductions..!

Net income __.7_
156, p. 790.

1942- -8 Mos.—1941

-

$2,826,934- $30,627, ,210 $20,237,904
18,554, ,768
1,800,384
13,468,480

36,783

Other income

Miscell.

2,554,895
1,057,306

Equip, rentals, net_._..
Joint facil. rentals, net
Net

1942—Month—1941

$4,825,885

com.

stock

286,710

$6,942, 475"

$4,457,650

31, 760

fund

sinking

are

320,097

2,552, 415

.2,568,180

'$280,774

$4,358,300

$1,856,982

23,

bonds

due

mortgage
entitled to

!

:v /;

•

plan of extension
relating to the 10-year. 3ft.

Oct.

said/ plan

Under

1; 1942.

for each of the bonds
bond due Oct. 1, 1952, of

exchange

in

receive

10-year 4^rsecond mortgage

new

a

1942,

March

dated

modification

holders

;

/

.

amount.
""
*.
*",.•
requested to-send their bonds, together with letter of
transmittal, to Bank of the Manhattan, Co,/trustee, 40 Wall St, New
York.
Upon receipt thereof the trustee will forward the new bonds
in equal principal amount.
>
•• • Prior
to
forwarding the bonds holders should detach therefrom all
principal

equal

Holders

due Oct; 1, 1942.

coupons

the usual

in

xnent

are

Under

its

for ; pay 1
■•!:
dated as of Feb. 15,

These coupons should be presented

■

manner,

the

terms

.

voting

agreement,

trust

to the capital stocjc. of .the, corporation will expire
Oct. 1, 1942.
Bondholders holding any of the voting: trust certificates
issued pursuant to the agreement should forward the same with their:
bonds, and they will receive in exchange therefor certificates, for, the /
capital stock of the corporation represented by the voting trust cer¬
tificates;
The voting trust/certificates should be endorsed in blank
for transfer,-with signature properly guaranteed by a brokerage firm
having a membership on the New York Stock Exchange or a bank or /
trust company having an office or correspondent in New York City. ? ; /
The Guaranty Trust Co. of New York has been appointed registrar
for the capital stock.—V. 136, p. 2260.
' . ■';!;/
relating

1933,

•

Federal

for

excess

$549,343 in 1941,
tion

in

to

!' 6 Mos. End. June 30—
♦Net

profit

per

♦After

taxes

stock outst.

depreciation

in

-

-

.

4,215,894

3,964,000

3,214,763

1,979,169

$989,296

$1,008,038

$434,296

$616,701

'

1

472,500
472,500 /
$0.45
$0.74t /
taxes and excess profits

472.500
$0.81

income

Federal

and

<

1

'

profits tax for first half of 1942
provision for normal income tax was

for Federal excess

Note—Provision
to

■

'

1942.

1939

$347,671

■>

,

472,500
$0.80

share—,—

1940

$210,000

-

$383,313

'

$1)

(par

Earnings

!

1941

1942

V/ $378,153

_

Shs. of cap.

t57,831

7

$65,500,

while

These amounts are based on excess profits
and normal tax rate of 45%.—V. 155, p. 2287.

Udylite Corp.—Earnings—
'''
.

.

Profit

out-

991.975
$5.25

profits tax,
tFrom Jan. 1.
for
depreciation amounted

to $699,458 in 1942,
$548,515 in 1940, and $588,744 in 1939, and amortiza¬
1942, $69,847 in 1941, $69,445 in 1940, and $68,717

(And

*

Wholly-owned

tax rate
/! '■;/

of

'

before

Federal
♦Net

•

taxes—

income

and

excess

•

•——

profits taxes

:

profit

Earnings per share on 400,000 common

+1941

1942
$407,532
342,000

$426,101
266,000

$160,101
$0.40
for Federal income and

shares—

depreciation, interest and reserve
profits taxes ,etc. . fAdjusted.—V. 155, p.

■'y. * After
excess

,

Subsidiary)

6 Mos. End. June 30—

$65,532
$0.16

1319.,

;:

$71,151 in

United Chemicals, Inc. (&

1939.

Consolidated

Balance Sheet, June 30,

1942

and on hand, $12,988,735; U. S, defense
trade accounts receivable (less reserve),-$10,Government-owned facilities, $424,673; in¬
ventories (less reserve), $16,702,042; advances finder U. S. Government
facilities contracts, $2,116,337; investments and other assets, $123,264;
property,
plant, and
equipment, $5,337,098; goodwill, patents and
license agreements, $1,008,954; deferred charges, $132,864; total, $49,384,587.
• "
: V •• •
Liabilities—Accounts payable, $6,829,170;
customers' deposits and
credit balances, $803,459; payrolls and commissions, $1,002,380; accrued
taxes and other expenses, $94,238; Federal and State taxes on income,
estimated (including an additional amount of $3,675,000)
(less U. S.
Treasury tax notes), $19,655,623; advances under U, S. Government
facilities contracts, $2,116,337; reserves, $3,187,518; common stock ($10
pari, $9,919,750; capital surplus, $96,805; earned surplus, $5,679,307;
total, $49,384,587.—V. 156, p. 872!
?
;
on

deposit

bonds, series G, $100,208;
450,411;

Co.—Earnings—

Twin Coach
•

$2,653,701

advances

on

U:

S.

32,488

-

Corp.—Plan Operative—

i..

directors have declared operative the

The board of

and

87V2';<i

$3,649,059

991,975
988,075
990,075
Earnings per share..^.
$5.01
$3.69
$2.62
♦Includes $7,700,000 and $29,300,000 in 1941 and 1942, respectively,

Assets—Cash

income

as

without

$312,000.

$4,972,038

—

^7"
;-77-7—

1940 .rates in 1942 and 1941

"77' 7,,;7;777:7i'

corporation

amounted

'7'/ 7, 7 /7 7
1,000,000
77-7

7 $5,205,190

—

Note—Provision

77>/■/ ,7.1' v
■
$23,407,368
capital stock..—$1.40
$2.15

after

,

Standing (par $10)

earnings after charges for deprec., deplet.

excess

,

"■ t'->
that on Aug.; 31, last, Darryl F. Zanuck
and director and was granted a leave of

29th Street Towers
!

69,244

dividnds

Common

7-

"

♦Net

$3,372,946
650,000

75,360

ad-

dividends

Preferred

Surplus

(& Subs.)—Earnings—

2,500,000

.!—7

!

Net profit

;

Shares

Texas Co.

$6,224,419

*34,500,000 *12,000,000
1,821,054
883,135

1941

$4,581,012

sales

Net

taxes.

post-war

justments

6 Mos. End. June 30—

Net

State

&

deductions

Other

Corp;—Earnings-

$42,526,245 $17,855,173

income

Total

Federal

Prov.

7 Tennessee Products

this period under any
!"
!
,
■
V •

•

12 Mos. End.

15,

Sept. 30, 1942.—V. 155, p. 1520.

far proposed.

so

reports
Vice-President
compensation to devote ~ full time to duties as an
officer in the U. S. Army,
The leave of absence will terminate at
such time as Mr. Zanuck shall notify the corporation of his wish to
return to his duties with the company, it was stated.—V. 155, p. 2101;
The

resigned
absence

,

close of business,

for Federal Income taxes in 1942 is computed
of 50$i for 1942.
The corporation is not

rate

tax

profits tax on the earnings for

excess

Resignation—

7/-7f;;.V

cash price on Aug. 20, 1942.

provision

estimated

an

tax

Consolidated Income Account

paid on Dec. 11, last, and 50 cents on Aug. 8, 1941. The previous pay¬
ment was 80 cents per share on Dec. 23, 1937.
!•!.
'
7,'
:/
•//Dividends on shares to which the holders of certificates, outstanding
certificates

Pv;"7907,7;7i7;\;7'77'7:;77'''^

products by the armed forces
our
volume of production has reached a point where it is dispro¬
portionate to company's capital and, resources.
As a result; of this,
directors have considered it advisable to negotiate a 10-year debenture
loan for $10,000,000 bearing interest at the annual rate of Vie
with
two of the largest insurance companies.
The loan agreements, which
became effective Sept. 1, 1942, provide for retirement of principal at a
minimum amount of $1,000,000 per year, which may be increased by
company to $1,750,000 per year without payment of premium./ There
is a further provision in the agreement for earlier retirement of the
loan at certain reasonable premium charges dependent upon the length
of time the loan has been outstanding at time of retirement.
;
/
7; To further fortify its working capital position the company's invest¬
ment in The Delta Manufacturing Co. and affiliates of Milwaukee,

7

$5,609,625

1,277,260

109,596
108,912

98,978

income

half of 1942 were estimated on the

report to stockholders dated Sept. 11, states:

year-end of
!!;.

$6,386,865
$494,201
;!!!//

$557,835

Note—The
at

2.194,028

revenue/bill.—V. 156,

the pending

share-,——

per

liable for

and excess

■.-;77-':777 7!.'. 7;7':

7'„:"

...

.

Timken-Detroit
tures

1942—12 Mos.—1941

1942—Month—1941

>

' 1,427,414

taxes.

of

1941
v
$5,071,724

estimated Federal and British income

profit

Note—Federal taxes for the first

:

FJ

Tampa Electric Co. —Earnings—
Period End. Aug. 31—

Operating

a

■

$2,190,894
$0.86

profit

"Not

:

owned

Oct. 5.
15, last.
Pay¬
cents; April 15,

156, p. 1062.,; •!/!'.!!;'

50 cents.—'V.

.

the
A like

and excess profits taxes

"After charges and

basis

•:

1942 7
$4,370,414

/"

$861,278
$117,213
!
$0.11,
>:
'/ Nil
including
depreciation on studio buildings
and equipment
absorbed in production costs.
tOn 1,741,995 shares of common stock.
Net

.

.

dividend of 25 cents per share on

a

stock, payable Oct. 15 to holders of record
disbursed On Jan. 15, April 15 and July

common

amount

Dividend—

.

taxes^

■

State income taxes, etc.—V. 156,1
■',vv7- ,v. '•"•7 ; ■ '•7,

and

Subs.)—Earnings—
777
7

(&

income

before

profits
•

n

1,250,000

income

fEarnings

;; ';7■■

6 Mos. End. June 30—

Profit

(est.) after charges and Fed. inc.

702.

p.

77

Time, Inc.

Sunshine Mining Co.—Earnings—

—v.- 156,

Federal

depreciation,

349.

p.

156, p. io6i./.

Net mine inc.

the

.

;

-J

dividend of 50 cents per share on

a

8

_

623,000
$0.29

604,000
;

Oct.

(John R.) Thompson Co. (& Subs.)—Earnings—
:7
7 Jan. 1 to—
7.7,:
June 30.'42 June 30, '41 June 14,'40
Sales
$5,971,038
$5,286,450 $5,096,318
"Net profit
! ■
99,569
130,743
t66,290
Earns, per sh on, 296,300 com. shs.
$0.34
Nil.
, Nil

4»-~- 1941
$4,980,000
$4,887,000

/./V:/;'"'/v/
(approximately) L-,--

payable

/ 125,936

7

•

30—•;/>

♦Depreciation of fixed assets_„A~^r-.
Federal

amount was disbursed on March 25

distribu¬

last, as
compared with 75 cents each on Oct. 1 and Dec. 27, 1941,. and 50 cents
each on April 1 and July 1, 1941.
:
k.
»
'
'
After payment of
the Nov. 1, 1942, dividend, arrearages on the
second preferred stock will amount to $63 per share.—V. 156, p. 87,;;!
tion

declared

Dividend—

to holders of record Sept. 28. A like
and July 29, last. Payments during
1941 were as follows: May 31, 50 cents; Aug. 25,.75 cents, and Dec. 20,
$1.25.—V. 156, p. 263. : • 7' ■' //.
/:;.:77
7y\'.: 7'"> -'V "
' v7'7;7';
stock,

common

preferred stock, no par

payable Nov. 2 to holders of record Oct. 13. A similar
was made on
this issue on Feb. 2, May 1 and Aug. 1,

value,

directors have

The

account

dividend of $1 per share on

declared a

have

directors

accumulations on the $4 cumulative second

of

Thew Shovel Co.—50,-Cent Common

Co.—Accumulated Div.

Securities

Electric

1.571

..

—

r Suburban

,

inventory.

losses In

contingent

1941

'

$87,702
$0.06

stock

common

on

1942

•

.

—L"-

profit

$200,770 in 1941.—V. 156, p. 263.

92,083

*235,000

profit

of.~the Revenue Act of 1942.—
''r:/ '! !

702.

Note—Provision

114,313

31,919

$138,053
134,150
" $1.02

!
1940
'
$156,267
$0.52 *; ... $0.30
♦After depreciation, interest, Federal income taxes, and in 1942 and
1941 after provision for excess profits taxes.
Net profit in 1942 is also

$809,173

117,391

•

profits taxes for the June-quarter

excess

anticipation

in

6 Mos. End. June 30—

♦Net

after

$915,572

estimated

are

156, p.

1942—6 Mos.—1941

$430,537

31,152

taxes..

165,000

/Tung-Sol Lamp Works, Inc. (& Subs.)—Earnings— :

1941 Revenue Act still in
n.'T 7'..i
.'l

58,696

■«.

$303,053;

725,000

80,000

330,000

per

1942

V.

$263,551
$440,955
tEarnings per share
$0.45
$0.81
"Includes an adjustment for probable increased taxes applied against
first quarter earnings.tOn 476,388 shares of common stock.
y
; Current assets as of June 30, 1942, including $306,161 cash, amounted
to $3,851,207, and current liabilities were $1,505,606, comparing with
cash of $393,823, current .assets of $3,480,548, and current liabilities
of $1,132,787 on June 30, 1941.
Inventories were $2,509,817 against
$1,774,867.—V. 156, p. 439. 7.
7/ ./V''-,; -; ::'7;-7;
!'7'■■-77
Net

$66,335 >>■' $139,238

Earnings per share-

income

Federal

Ohio—Earnings—
l/';! V!!/!;!' 1942
1941

charges and taxes.U—l

after

income

Act,

Revenue

1942—3 Mos.—1941

_J.__

etc.

Welfare

Employ.

Stroufs-Hirshbcrg Co., Youngstown,
Net

of

$0.34

r;iv7,/

$470,453

deprec.

,

amort.,

Int.,

$354,543
$1.52

■:

Earnings

(Including Domestic Subsidiaries)

';;!;/

$191.454/!■ $448,744
$0.82
*$1.92

stock.—V.

capital

of

shares

234,000

*On

$186,623
*$0.80

and taxesJu
per share_
;;

1

/.-/Nil

-

$946,462-

;

'• •'/

excess/-'

Net profit
shs; of bap. Stk. outst.-

surtax has been made

and

tax

required under the
155, p. 2374.

Period End. June 30—

Profit

&

profits taxes

Earns,

1942—6 Mos.—1941
■,.
' ■■'• //

1942—3 Mos.—1941

30—

all

'

1942

proposed

income

time.—V.

8,356
$161,644

•t

*$50,269

'/'■/ •'/•!-•!77:/!;'

of the amount

at the

5,127

$425,692

income

Note—Federal
•'

$0.34

153,288

..,

;

the

of

view-

420,565
•

income

Fed.

205,876

,!

205,029

Depreciation

Steel

Total

$1,297,463
$530,361
937,370,.. 289,700
9.092
13,353

$277,858

$604,914

& depr.

exp.

J 1942—6 Mos.—1941

1942—3 Mos.—1941

..

profit
after

$256,145

$122,941

v v?■>//

quarterly

usual

the

to

102,920

/',>/■!,■•;! Nil; X

par)

!..

Williams Steel Forging Corp.—Earnings—

&

Other income

'

*$50,033

'

extra dividend of 40 cents per share
dividend of 40 cents per share on
the common stock; both payable Dec. 15 to holders of record Dec. 5.
Extras of 40 cents each were also paid on May 15, last, and on May 24
and Dec. 26, 1941.—V. 155, p. 1318.
/i'!
addition

'

$82,088

$152,953

$1,852

102,514

(no

for Federal

excess

force

H

,;

t

in

The directors have declared an

.

in

137,443.

sh, on 146,832

shares

Note—In

vision

Extra Dividend of 40 Cents—

90,292

86,414 '

•-

"Surplus.

701.

156, p.

Standard Wholesale Phosphate

20,943

$100,662

per

com.

$463,998

$279,188

—•

128,255

dividends

Preferred

194T-; ;5

1.942

;;

11,523
84,033

44,051

profit

1941 were;
20, $3.50.

.

$414,531

,/

;

Standard Stoker Co., Inc.—Earnings
6 Months Ended

•

16,577

$300,635

■r.-

Deficit
;■

21,015

14,586
$248,509

etc.

tax,

Prof,

7.

,

„

income

Gross

$393,516

$284,058

8,287

income

1941

2191.

p.

Period End. June 30—

!

$132,317

income

Total

Fed.

'^7 '

1

share.—^

common

129,000

*On

Other

'V.' '.

$233,923

155,

3,321,826

$124,030

—V.

$3,715,342

4,464,592

prof, aft, depr.

Miscell.

charges and taxes-

Net income after all

v

'

$4,748,650

1,838,349

This compares with $2.50

30 to holders of record Sept. 22.

follows:

as

Transue

:_!

$3.50 per share on account

cumulative preferred stock, par $100, pay¬

the 7%

on

paid on March 30 and June 9, last.
Payments during
April 7, $1.75; May 21, $2; Sept. 23, $3, and Dec.

each

(inch de¬

exps.

Oper.

$1.79
'

-

.

&

preciation)

Silica Corp.—-Earnings—

Standard
6 Months

Costs

<

1941
$163,065
91,206

1942
$137,259

June 30—

$2,072,272

2,361,884

$2,485,914'

Niet sales

Kansas—Earnings—

Standard Oil Co. of
6 Months Ended

—V,

The directors have declared a dividend of

1942—6 Mos.—1941

1942—3 Mos.—1941

Period End June 30—

Dividend—

Securities Corp.—$3.50 Preferred

:; Towne

of accumulations

able Sept.

as

and June 30, last,
cqmpared with 50

June

on

cents on March

(& Subs.)—Earnings— ;

Thatcher Manufacturing Co.

compared with 151,361,000 kwh. for the
corresponding week last year, an increase of 10.T/c
V. 156, p. 1061.

Net

quarterly

a

output

Standard Gas &

totaled

declared

have

directors

The

into

permitted to be carried forward
the taxable income for 1942.

present income tax laws is
succeeding year, will exceed

the

and

dividend of 10 cents per
share on the common stock, par $5, payable Sept. 30 to holders of
record Sept. 24. This compares with 15 cents per share paid on March
1 and June 30, last.
Payments during 1941 were as follows: March 31
and June 30, 10 cents each; Sept. 30 and Dec. 29, 15 cents each.
An
extra of 10 cents was also disbursed on Dec. 29, 1941.—-V. 155, p. 2287.

exceeds the

A like amount was disbursed on March 31
30, Sept. 30 and Dec. 29,: 1941,. as
29, 1941.—V. 155, p. 2464,

Sept, 22;

Co.—Div. Reduced—

Terre Haute Malleable & Mfg.

Corp. under section 77 B of the Bankruptcy Act, which loss
taxable income of the company for the year 1941 and it is
estimated that the net operating loss created for 1941, which, under
Oil

Rock

Monday, September 28, 1942

FINANCIAL CHRONICLE

THE COMMERCIAL &

1158

Subs.)—Earnings—

Net

profit

^

"

"After

providing

for Federal

:

1941

1-942

First Six Months—

—™—J* ' *$109,050
+$105,401
excess profits taxes based

Income and

adopted by the House of Representatives <45% normal and
surtax, 90% excess profits tax), and including in the second quarter
rates

on

necessary

adjustment for the six months' taxes,
tAfter adjusted
on the basis of the 1941 tax law,—V. 155, p.

eral taxes calculated

United Corp.-r-Urges Its

Fed¬
2287,

Voluntary Plan Be Adopted—

Disputes SEC Staff Argument That It Should Be Dis¬
solved As Being Legally Unauthorized and Imprac¬
ticable—
! "
'
•
.

;

_

.

.

corporation in a statement filed Sept. 23 with SEC in connec¬
with the latter's "death sentence" proceedings instituted against

The

tion
the

company

counters the' staff's recommendation that the corpora¬
with the contention that the company's plan of volun->

tion be dissolved
<

Toledo
The

Shipbuilding Co.—75-Cent Dividend—

directors

the common

have

declared

a

dividend

of 75

cents per share on'
holders of record

stock, no par value, payable Sept, 30 to

tary

reorganization under the Holding Company Act should be approved *•
The latter soon will set a date from oral argu¬
in the proceedings.
v
,

by the Commission.
ment

t

Volume 156

Number 4111

THE COMMERCIAL & FINANCIAL CHRONICLE

Summarized, the company makes the following points in its brief in
support of its contention that its plan should be approved:
Since the company has undertaken to divest itself of the possibility
of

controlling

Weekly Electric Output—
The

output. for the UGI system companies for the week
19, 1942, .amounted to 122,772,520 kwh., compared with
106,509,545 kwh. in the same week last year, an increase of 16,262,975

statutory subsidiaries, the Commission is not
authorized to require United to take any other action to comply with
the provisions of Section 11-B of the Holding
Cmpany Act.
It

United

,:

electric

ended

of its

any

does

not

United Milk Products
6 Mos. Eiid. June 30—

•AfNet profit
fEarnings per

a
finding that -voting power is unfairly
holders of United or that reorganization

*

its. capital structure is necessary, the company contended.
A"
;
Dissolution of United is neither required nor authorized under Sec¬

tion

11-B

(2),

In conclusion;

ing

its

If

11-B

the

ceased

11-E

should

plan
be

should

be

holding

a

function

as

a New

1941

...

1940

1939

subject

Commission under the

to

proceedings

the

Act

and

Company Act of

stock,

par.—V.

no

$186,499

$127,124

$2.29

income

155,

taxes,

fOn

1421.

p.

1

$96,456

$1.29

•;

etc.

$0.79

34,899

shares

will

it

The

A

directors,

the

first

York City:
directors

ment

the

disbursed

was

the

on

March

on

stock

common

since

made

by

Irving S. Olds, Chairman of<
conference in
Chicago on the

ptess

a

meeting

the

of

board

a,"'"

••

of

this

to

be

held

outside

of

*

corporation

deemed

it

appropriate

hold

to
history

a

V

'

ton

every

Chicago

of

steel

district

is

produced

going

by

United

States

Steel

Corp.

into

America's war effort.
Through
cooperation between employees and management,
steel is being turned out
by our plants in this area in continually
greater quantities for ships, tanks,
guns, planes, and other war uses.
and

effective

Improvements

16, last, which was the first pay¬
27, 1937, when 30 cents was

being
"<

A

and

completed,

steel

May

paid.—V. 156, p. 1063.

1940.

the

loyal

have declared a dividend of 25 cents per share on the
stock, par $10, payable Oct. 15 to holders of record Oct. 5. A

like amount

Corp.—Expansion Progresses—
was

at

A,

A;

Today

,

directors

common

has

continue

by

of

of

'• district.

;

A.-A-'A

United Paperboard Co.—25-Cent Common Dividend—

under

that

regulation

to

$167,634
$2.03

Federal

"

in

:A;
order

an

subject

company

Investment

seek

depreciation,

common

order approv¬

an

J

.

.

will

of

After

.

share—

Steel

meeting on Sept. 23 in Chicago—the first in
the
of
the
corporation to be held outside of New York City—because of the
importance of this Midwest center to the corporation's war
production
effort.
Furthermore, the corporation is proud of the part which its
subsidiaries have played in the industrial
development of the Chicago

Co.—Earnings—
1942

.

.;.f.a;.:A

-

and

granted

United

company

investment

an

be

dismissed.

plan becomes effective,

to

:A.-'" .v.-

United holds that its. application for

Section

..Section

i.

v

board

The

warrant

security

among

States

following statement

occasion

15.3%.—V. 156, p. 1062.

or

•

Evidence

to

the

is not

distributed

A

The

Sept.

kwh.,

"practicable" to require United to make any changes in its
capital structure or to dissolve at present, and any order to that
effect will be contrary to the provisions of Secion
11, arbitrary, and
in all respects void.
''V":
.,-,
' -

of

1159

products
tank

additions

to

and

will

feed

to

existing

America's

result

soon

plant

In

facilities

larger

a

rapidly

are

flow

of

steel

and

machine.

war

armor

plate plant is under construction by
Carnegie-Illinois
Corp. in the Chicago district, for account of the United Stales
Army. This plant will be. in operation
early in 1943, and will supply
shaped tank armor plate ready for
speedy assembly on tanks to be
Steel

Dissolution

Held

Sentence"—

Only Way United Can Meet "Death

brief

a

Utilities

only

The

(2)

Act,

staff

United

SEC

that

which

by

11-B

,

Company

the

holds

Division

Section

of

with

filed

method

the

sentence"

22,. counsel

the

-

that

fair

a

partial

a

and

equitable

bring about equitable distribution of voting
structure.

and

"It

problem in

power

dividend
cents

the
of

a

it

remove

from

of

have

value

the

in

divestment

the

of
of

tinued

is

stock

United,

the

staff

of

in

the

its

up

excess

unless

of

be

to

To

of

ownership,

holdings

feasible

or

in

the

nor

complexities

United

Corp.

which

are

result

from

the

since

unnecessary,

capital

con¬

will

to

were

result

their

in

■*

meet Sept.

debt

a

owed

loss

a

of

$15

to

ar.d

to

staff

"Dissolution

says:

on

the

of

United

Detroit

its

fixed

appraised

an

of

the

assets,

ownership

value of $155,000

Universal

of

the

its stockholders

among

1942.

•

inc.

and

all

A A19 42—3

this

155,

$172,176

cl

per

B share-

p. 2015.

w

$335,672

$0.28

$333,578
$0.54

$1.02

of

ment

teed

6 Mos. Ended June 30—

Net

sales

expenses......—

(& Subs.)

1942

)

which

*1939

1940

$1,629,825
1,430,880

2,277,642
33,681

23,338

r:

31,386

ment

Other

$255,666 A A

income

$236,599

$167,559

74,018

39,896

24,131

81,212

$276,495

$191,690

Fed.

&

$104,143

207,822

149,199

102,813

92. Y-Y-CYYA 24

128

tax

foreign inc.
Minority ^interest-,.

A'

-

,

<

all

Net

profit
per

----A

$121,770

$127,272

for

$0.18

Nil

avoid

j

Nil

>"j'A,r :A

,

Net

profit

after

1942
•
$5,891,425

etc._r

manufacturing

14,762,888

depreciation,

Other income
Total

continuance

the

State

Income

Fed., income

Net

for

'Revised.
to

53,000

61,255

^$1,504,949
28,259
$1,476,690

and

$1.80

per

* JEquiva-

contingencies.

war

share

common

in

1942

and

1941,

respec¬

tively.
Notes—(1) The
tax

in

rates

sentatives,
tax.

rates

at

(2)

:

from

the

1942

45%

or

The

provision

bill

revenue

the

Federal

as

for normal and
in

revision

passed

surtax,

first half of

taxes

has

the

by

and 90%

1941

reflects

been

made

of

House

at

increase

the

in

charge

greater

reflects

while

from

to

$446,005

amortization

company.—V.

156,

p.

'Does

not

sources.—V.

equipment

the

in

any

Shs.

A

cap.

($10

expanded

United

Gas

the

to

had

since

been

been

now

in

SEC

Philadelphia

a

Sept.

on

18

with

the

July 4,'42 July 5,'41

disputes

European

or

Co.—SEC

C.—V.

1940

United

Kingdom

Disputes

Court

Circourt

contention

it

UGI's

ordered
The

company

of

mination
additional
to

Act

that under the provisions of the Public Utility
the SEC is required to proceed with the deter¬

constitutes

what

before

systems,

it

a

single

may

integrated

legally

direct

dispose of its interests in any property.

the

utility system, and
the holding company

The UGI filed

its brief in

it is expected that the case will come before
the court for argument early in October.
The Commission replied that UGI's stand completely distorts the
purpose of section 11.
"That section is not intended necessarily to
result in the creation of holding company systems dominating whole
case

areas,

and

on

on

Aug.

but on the
units

not

•

'

<

1

1

,

8

and

contrary/ the emphasis is on localized management
big to destroy the effectiveness of state regula¬
,

too

tion," the brief contended.




Stores
A

record

stockholders

of

Aug.

1942.

record

1, 1942.

common

385,603

385,753

$1.42

$1.36

,$1.10

appointed

Treasurer.

Plywood's

He

excess

states

company
and

to

surplus

July. 31,

24,

that

"this
A

15, last, and

on

profits

real

cents per

of

record

also

the

f

declared

Oct.

is

15

not

like

to

15,

dividend

a

to

holders
be

amount

Jan.

declared

share)

Oct.

on

1942,

-On May-0^19427"
of
145
since

Subsidiary)

.

In

the

estate

was

corresponding

period of the pre¬
$282,109 were charged to
:-A
....AArr-'Y

losses

of

Inc,—Earnings—<■-

...

^

)

$234,717

common share
above

net

$0.29

with

compares

three months of

1941.

Net

76

cents

income

a

for

share
the

the

for

first

six

corre¬

months

with

$1.43

a

Co.—Earnings—
1942
:

1941

$8,689

$15,541

$0.04

$0.07

!

2516.

p.

profit

'After

Corp.—Earnings—

provision

155, p.

1942

(of

$23,000

in

1942)

for

1941'

;$322,869

(estimated)-,—

$321,664

Federal

832.

income

*

-

also

act

Algoma

Period End. June 30—

as

Ply¬

►

'Net

profit

'After
eral

.

of

$1

paid

15, July

share

per

record

considered

was

April

of

Oct.

on

The

1.

establishing

as

on

Jan.
Oct.

April

15,

15,

15

;••<

income

and excess

1.

Corp.—Earnings—

"After

after

1941

1940

-$592,454

share

per

$581,784

$628,101

$247,736

$1.18

$1.16

$1.26

$0.50

;•

1939 !

■

charges, State and Federal income taxes, and in 1942 and 1941
for excess profits tax.
fOrx 500,000 shares of capital

provision

stock,

$1

par.

taxes

profits taxes, 45%
to

'''

1942

profit

usual

quarterly dividend of 1 % %
the preferred stock, payable Oct. 15 to hold¬

etc.,

Universal-Cyclops

fEarnings

1942—9 Mos.—1941

t$31,493
$141,024
tS205,576
but before any provision for Fed¬
profits taxes.
fLoss.—V. 155, p. 2375.

6 Mos. End. June 30—
'Net

a

15

Dec.

and

1942—3 Mos.—1941

$113,302

depreciation, interest,

Note—Federal

the

taxes,—

Universal Cooler Corp.—Earnings—

1941.
directors

20,
136

Corp.—Earnings—

(And

•

account.

subsidiary

year

151,

'Net

Wis., and Hamilton Veneer Co., Orange¬

22

payable

dividend rate."

July

1942,
of

increase

an

6 Mos. End. June 30—

V.

will

subsidiaries,

1063.

Sept.

stock,

20,

On May

increase

an

„1——

United Stores

A

v

385,603

Consolidated

Earnings for

'

Y:','
'Gross

First

:

$3,582,000,

Reserves

for

Months

A

'

in

1942

were

based

on

90%

for

rate

excess

for the combined normal and surtax, and amounted

including State taxes.—V. 156,

Universal Pictures Co., Inc.

deplet. and

taxes...

1,214,708

1,246,843

p.

967.

2,328,015

1,055,735

Frov.

Net

earnings

Preferred

-

dividend

Balance
Earns,

taxes
and

on

$2,806,630
1,091,879

39 Weeks Ended—

Consol.

with

that

share

$2,607,829
528,765

on

deducting

all

shares

common

$3.24

equities in certain foreign subs.—^
for Fed. income and excess profits taxes

The
excess

profit

charges

the

figured

profit

31%

for

States

none

will

the basis of 45%

the

same

excess

be

to

taxes

net

for

$255,246

profit

the

L-w

:

:

$4,760,873
227,718
2,780,809

$2,000,864

$1,752,346

provision for Federal income and
quarter of the current fiscal year

after

third

(before

Aug. 1,'42

$2,751,864

deduction

of

$234,000

charged

in

this

quarter but applicable to preceding six months, due to proposed change
in

tax

laws), as compared with $631,530 in the corresponding 13-week

.

foregoing estimate United States taxes

on

—

consolidated

Aug. 2,'41

751,000

(net after adjust, for prior years taxes)
Net

$1,714,751

$4.93

,

except domestic and foreign Federal
income and provision for reserves for
depreciation, depletion

amortization.

United

._

.

profit before Federal taxes__„—YY-j-

amounted

Note—In

been

:

—

per

'After

requirements

(& Subs.)—Earnings—

Write-off of

1,091,879

amortization.

income

$5,109,208

$3,699,708

deprec.,

1941

$7,242,431

foreign and Federal

Domestic,

8

1942

earnings

dismemberment.

argued

of

May 20,

preferred stockholders,
156, p. 872.
AA;

after charges and taxes
Earnings per share on 225,000 shares-...

Smelting, Refining & Mining Co.—$1
Dividend—Earnings for First Eight Months—
on

placed

$426,941

States

p.

ovens,

UGI

Appeals at
by the com¬

pany that its divestment orders against UGI incorrectly
interpreted
the provisions of the Public Utility Holding Company Act under which

Holding Company

preferred

since

stockholders,

United States Universal Joints

States

of

raised

330

Net profit

1939

$522,501

Algoma,

156,

resume

were

income after estimated Federal income taxes

—V,

1941

385,603

been

Co.,

Estimated

the

the

$0.99

United

will

furnaces

of 1942 is 55 cents a share after
taxes, and compares
share for the six months of
^41.—V. 156, p. 872.

esti¬
this

preparation of
three
weeks before

$548,758

_

has

for

Veneer

directors

regular

ers

the

they

the

1942

share

Leary

S.

The

-

of

common

States

Earnings per

•

outst.
:

United

The

filed

just

report,

stockholders

common

"

A'-J

sponding

$400,000.

exceeded

the

of

rebuilt

battery of coke

electric

new

increase of 424 since May

1942.—V.

Note—The

suits

$382,585

stock
per

A.

burg,

1062.

brief

already
in

being
new

Earnings for the Three- Months Ended June 30, 194}
At Net

y

date

dismissed

■■

The

had

the

incurred

Two

decrease

U. S. Truck Lines,

of the various antitrust

company

is
A

surplus account.—V. 156, p. 1033.

1941, the U. S. Gypsum

year

in

that

'

;

an

69,359

profit

ceding

open

were

case.

the government

.

Controller

of

$3.67

Improvement

f

in

which

_

Dismemberment—

on

69,783,

charged

to

United States Plywood Corp.—New Treasurer—

(87Vz

Stand

*

'After depreciation, Federal and Canadian income and
taxes.—V. 155, p. 2375.

com¬

the

operations

$10,729,000

from

/'

stating

probabilities

156, p. 703.

par)

Earnings

period

$9,941,000

income

it by

profit

&

..—a—l.—$3.39

include

the

be

$415,488

the

upon

a

corporation's

Jan, .30,

'Net

time.

department

Another

were

administrative expenses

before income taxes——_>

156, p.

cost

6 Mos. End. June 30—

"Net

wood

Co.—Earnings—
-AA

term

the

at

installed

will

-A' - A : v' v A
•
7 -A
ju'ne 27, '42 June 28, '41
:
$82,989
$68,417
*
After depreciation,
interest, Federal income taxes, etc.
Note—Subsidiary company losses upon the sale of real estate and
buildings in the first half of 1942 in the amount of

said

that

at

by

government

held

published for the

$100,000

has

which

.

share

the

date."—V.

W.

1942

439.

6 Months Ended—

•"Estimated profit
per

war

be

to

officials stated that

Common

United Fruit

Earnings

of

increase in selling and

an

$546,380 is indicative of

the

regard,

were

October

made

new

1941.

163,749,

a

Repre¬

amortization

and

to $261,127 in the

been

units

Joliet

at

a

merchant

facilities

6 Months Ended—

United States Playing, Card Co. (& Subs.)—Earnings—

provision for taxes

depreciation

for
1941

this

the

to

case

Some

way.

Others

of

its

■

164,079
since Feb. 20, 1942.
■;
totaled

weeks of

six

of

under

•

■

corporation's

!Y there, were

Goldsborough

Alan

close

well

including

in

6 Mos. End, June 30—

for excess profits

subsequently determined in the ,1941 Revenue Act.

An

pany's plants,

,

1942

$159,981 in the first half of

largely

the

for

that

another

case,

trial

$1,609,751

fAfter $200,000 provision" for

.

$1.34

the

however, insisted upon their right to a trial in
might be cleared of the charges against them.
The

against

Company

$1,638,615
28,864

common

Judge

at

would be tried

recently

would -be successful.*

they

stated

brought

704,951

+$1,126,878
28,259

.

Co.

72,402

1,274,445

$1,098,619

——

have

"In its annual report

$2,415,968

3,667,000

taxes

,

dividends

Surplus

'

—

profits

excess

profit

Preferred

lent

tax^.

&

by

improvements

operation.

plans for rehabili¬

district,

manufacture

expendi¬

month.

in

there

defendants,

that

mated

$2,840,649

efforts

1942,

The

it charges of Sherman
the U. S. Gypsum Co. state¬

case

resulting action is the dismissal of the

1940

$3,037,654

2,720,974 5A? 2,315,587
119,675
100,381

$4,846,878

civil

a

in

finishing facilities.

numbered
,j

sustain

directed

was

in

case

a

agreement in
that if the trial

order

*1941

83,990

u

.

J

income

to

-

$3,403,025

in.

year

last

United

defendants

the defendants

AAAYA" A A; *'. "

Foundry Co.—Earnings—

$

6 Mos. End. June 30—

Gross

failed

of

"The

United Engineering &

has

its

court

'

"Including French subsidiary.—V. 156, p. 703.

last

the

is

already

this
the

Number of Stockholders—

started two

prosecutions
within

case

various

announced

in

$67,000,000.
Major items include projects at the
Steel Works, Gary Steel Works, and
Gary Sheet &

•

The

Certain-

and

Co.

for

the

than

more

operation

>

agreement that the

express

$76,667

•

March, U. S. Gypsum Co. and Certain-teed Products Corp. moved
prompt
trial of the remaining indictment.
The government

a

obtained

22,989
4,487

$88,749

Nil

ih:

common

Co.

mill

in¬

for

Gary Sheet & Tin Mills, the installation of additional
electrolytic
tinning lines and equipment for chemical pretreatment of black
plate
is well along Rnd will
be completed during 1943.
These new units
will aid in
conserving the nation's supply of pig tin, the source of
which has been cut off by Japanese
conquests in the Pacific.-

•

verdict

a

Gypsum

in

and

Wire

facilities

been

At

cost

Court

new

program

are

Chicago

,

second

against gypsum companies,
«

"Several

Earns,

in

The
Depart¬

of

District

have

waiting

being built for account of the Defense Plant
Corp., will be completed
early next year. A program for increasing facilities to
provide slabs
lor the new armor
plate plant is well advanced.
The
South
Chicago Works of Carnegie-Illinois is United
States
Steel's manufacturing center for
electric furnace steels, which are used
extensively in aircraft construction. Existing electric furnace facilities
are
being increased by the installation of an additional furnace and

„

industry

tubing,

1943.

of

South

company.

division

Federal

antitrust

of

the

the

of

additional

$500,-

.

gypsum

of

antitrust

States
;

series

a

the

the

'

.

government testimony. The statement issued by U. S. Gypsum Co.
in part:
.

$22,931

$329,684

income__^__

the

suit, in

■

government

of

by

of

.

officials

to

United

constituted

November

favor

"In

Total

against

said.

Last

in

Profit

the

dismissal

terminated

Act violations

$2,334,254

1,819,831

members

criminal

Corp.

.

according

its

C.,

and

ago

against

the

of

D.

move

years

$2,079,768

1,872,007)
I

Depreciation

Earnings-

••1941

$2,127,673

—

Cost-and

followed

Justice

Products

The

United Dyewood Corp.

suit

$500,0.00.,

Washington,

...:

,

antitrust

company

statement

$560,939

$0.63

■

'■

,

.

The

1942- -6 Mos.—1941

Mos.—1941A

chgs.

taxes

Earns,

—V.

after

...

will wipe out an earned surplus of $834,850 held by
Freight on June 30, last, and reduce capital surplus
$1,413,455 to $1,361,150, the latter total subject to later adjust¬
ments.—V. 156, p. 1063.
*
'

United States Gypsum Co.—Anti-trust Suit Cost

its

a

Joliet,
This

&

of

and

operations about the first of December.

States

000

at

operations

Dock

Terminal

from

Corp.—Earnings—

aircraft

Mills. A
a A
A a
At the Gary
Works, the work of rebuilding twelve soaking pits is Ar
practically completed. One coke oven battery was rebuilt and resumed

settlement

United

mill

;Tin

consideration

The

structure.

Period End. June 30—

Co.

■

ensuring

of

Carnegie-Illinois Steel Corp., in addition to
constructing the tank
plate plant, bits- been active in expanding its facilities in the
Chicago area for steel production. This program involves an

ture

Detroit

production

armor

Co., which carries ownership
The stock had a book value of $467,844 on

property.

expansion

Waukegan

halt

the 2,880 shares of

and

the

operation by the first of the year. It is
expected that the project will
be completed and
producing to aid the war effort during the first

►

Freight

for

American Steel

year

red

at

property.

States

arsenals.

immediately placed in operation without
the remaining machines.

Waukegan.

share.

a

tank

of

and

products

write

in the settlement therefore amounts to $1,642,844,
with a book value of $4,030,000 given to United States
Freight's investment, so that the net loss to United States Freight will
be
$2,387,155.
-%%.;;• ' ■%£■■■. .&;.£■ -A;\;.' AAA,A'', Aaa-'^A',;:;- - %:;■ A AyYYY%

of

.

Net

Last
tation
coarse

the Nicholson Universal Steam¬

are

and

installation

^

_

midwestern

equipment

stalled

25 to vote on pro¬
three other trans¬

by

$2,387,155

stock from $25

the debts

owe

of

some

with

stock

31,

The

circumstances

United Drill & Tool

A;

which compares

the correction of the evils resulting from
Subsequently it is demonstrated that
pre*mted by the United system dissolution
of United is the-only action, both adequate and consistent with the
interests of United's investors,
which will remove all of the evils
presented by the United Corp."—-V. 156, p. 703.
the

A,.,-. ,'

,,

value of

the Cleveland

July

United

;

the

,

company

the settlement of

property and one of $150,000
this situation the directors

of

Terminal

with

of

A-

whatever.

meet

Overlakes

voting

consistent

26

cents

have authorized, and its executive committee has
approvad, the settle¬
ment about to be presented to the stockholders.
This settlement will
give United States Freight $1,020,000 cash proceeds from the sale by

holders."

recommendations,

United's. corporate
under

the

companies that

Cleveland

shall

it

Aug.

35

.A' A ;';^a.-A.v-A

■

ship Co., the Universal Terminal Co., and the Overlakes Freight Corp.
Overlakes was formed in 1932 to buy from United States
Freight all
capital stock of Nicholson, Universal Steamship and Universal Terminal.
In
their
10
years
of operation Nicholson and Universal realized
profits in only two years.
In addition to their debt to the-United
States
Freight Co. there was an indebtedness of $135,000 on the

its

stock, in which event,
in the distribution.

divestment

and distribution of its assets

of

in

28,

28,

'-A:

Freight Co.- -Stockholders To Vote On

which

the stated

The

participate

respondent's

security

function

Corp.

method

the

equities,

common

not

without

appear

the

substantially

respective

will

control

that

of

useful

United

one

of

prices

equity for the

no

United's

existence
no

Summing
the

down

order

outstanding -securities of United.
In
and common stockholders will par¬

their

with

of

holds

market
the

subsidiaries

of

staff

serves

is

of
of

ownership

its

interest

The

in

a

dissolution

preference

common

divestment

securities

basis

value

both

there

the

course,

Neither

of

the

for

accordance

that

appear
of

the

on

market

distribution

ticipate

of

approve

port, companies

United,

current

such

States

Stockholders

posals to

"Dissolution will permit the distribution among the security
in accordance with their equity of its assets which

holders
a

category

the necessity

brief says:

the permission of the Commission,

got

May

May
.

at

Tubular Alloy Steel
National Tube

Corp., a new subsidiary, has acquired the plant
Co., at Gary. This new company will produce alloy
and stainless tubing for aircraft
structures, motor parts, bearings,
tank tractor tubings, and oil
refinery tubing. The work of installing
machinery and equipment is now in progress. Tube
reducing machines,
of

key

holding company as "elusive and
It suggests the company's voluntary plan be dismissed.

fragmentary.".

Urging

it

the

the first this year.
were as follows:
'March 20,

1941

an

securities unless

to

erected

made,

was

Debt Settlement—

adequate solution," the report adds.
The
staff
report characterizes
the
voluntary
plan
submitted by
United, in which the latter proposed that it would refrain from voting
its

share

United

United's own

the undue complexity in its own corporate
solution suggested, by respondent, nor do we

remove

is. not

as

on

per

and Nov. 26, quarterly dividends of 15 cents each;
extra, and Aug. 26, 85 cents extra.—V. 155, p. 2464.

reorganization
that it would

among

Sept. 18 took no action on the declaration of a
the capital stock.
On July 15, last, a distribution of 15
on

Payments during

Holding
.-A;;;

-v-A

one-stock

the

to

Public

provisions

v.

directors

.

is

Utility

A-i

...

the

Corp.

the

Public
; A

solution

for

United

meet

can

of

A Abe

security holders

the

of

corporation

"death

adds

would

Sept.

on

dissolution

•"

recommend it

\

United Specialties Co.—No Dividend Action—

•

The

In

period

profits

for

of

taxes

required.—V. 155,

the 8 months

1941.
for
p.

No

either

2464.

on

of

provision

period,

income have

1942,
was

compared
made

for

it being believed

period of 1941. Provision for Federal income and excess profits taxes
this quarter required $768,350 (not including $234,000 charged in this
quarter but applicable to preceding six months, due to proposed change
in

tax

laws), as against provision of $361,000 in the same quarter a
Before provision for Federal income and excess profits taxes,
for the third quarter of the current year amounted to

year ago.

the

profit

:*

THE COMMERCIAL & FINANCIAL CHRONICLE

4160

SI,023,596,

is

advanced

well

p.

—V.

155, p. 2375.

Vinco

——

Net

334,762

income

Total

$2,121,279

$2,011,271

$1,933,963

95,920

98,957

96,366

85,207

59,111

13,915

"Loss

sale

on

34,795
t611,581

258,442

145,241
$1.76

145,241
$6,59

145,241
$7.07

145,241

(cash)

dividends

outstg. (no par)

Com. shs.

shr. on com.

per

.profits

'• ■'

tax.

Assets—Cash

in

and

banks

June

-

inventories
supplies on
$151,815; investments, $2,201,371; sinking fund for preferred
$25,246; fixed assets (less reserve for depreciation of $1,492,$1,333,162; goodwill, $1; total, $16,150,156.

hand,
•

stock,
575),

.

$1,538,983;

payable,

> <

had

for contingencies, $138,649; 8'ft cumulative preferred
$10Q), $6,024,600; common stock (145,241 shares, no par),
$1,479,305;
earned surplus, $6,501,422; total, $16,150,156.—V. 154,
p. 1634.
„"
- •
^
$346,705;

stock

,

reserve

Although

(par

•has
and

stock,

a

155, p. 2102.

cents.—V.

60

declared
value,

■

.

'

■

:

.

;

■

V. -156,

application of

company

from listing and
application stated,

Utica Clinton & Binghamton
The

Service

Public

.p.

approval of dissolution of the company, and transfer of certain of its
to the trustee of the Utica Lines of New York State Rys.

leased by the railroad to
New York State Rys. since 1886.
In connection, with the permanent-,
transfer, the commission said, the latter will pay $206,820 in settle¬
ment of all past

this

Earlier

be transferred has been

to

—V.

the

year

& Western

York Ontario

•
.

Utica & Mohawk Cotton
.."(Including
Account

Income

the

for

Mills, Inc.—Earnings—
Bleaching

Willowville

Utica

Co

1942

Six Months Ended June 30,

Net

/

671,450

months

"Net income for the six

Common stock

65,000
$3.30
a net profit of $150,571, equal to 78 cents a share
shares (no par), for the six months ended June 30,

65,000 common

' !

1942—3 Mos.—1941

Period End. June 30—
"Net

and

739.

June

income

June 20,'42 June 21,'41

*$486,105
and in

t$319,513

__________

charges,

Federal

income

taxes,

Net

—V.

-

liability

ended

..

$0.84
-

v

,

1942 has been adjusted

takes in

income

such

for

months

12

in. the House Tax Bill and covers

the

'

'

taxes.
June

Oil

Wilcox

F.)

(Hi
The

1942,

30,

,

profit was $598,589,

net

compared with $851,904
stock in the 12 months ended

In

Co.- -Offers Interests

Gas

&

■

has filed with the SEC an offering of undivided par¬
interest in a 2,000-acre Kinert block in Kingman County,
unit is one-thousandth undivided interest in the whole

company

ticipating

Each

Kansas.

block,

price is $100'cash per uhit, "or $1,000 for

the

and

block.

,•

.

to

according

financing,

started operations on that plan of
Appleby, Vice-President and Treasurer.'

having

the whole

,■

has been offering such participating units for 25 years,

The company

'
c^reed to drill the test well on "the" block to the deepest
grown horizon.
If it is a failure, all participants lose. If it develops
into a producer the company will manage the properties and develop
them by drilling additional wells.
The participants do riot contribute
any additional money after the first purchase.
The company takes out
of returns from oil the expense of drilling and operating the property,

M."" P.

Wilcox

Mr;

529,283
243,000

the remainder on a pro-rata basis accord¬
156, p. 1064,
' .

dividing

then

participants

ing to holdings.—V.

13,689

$272,594

■

as

1942

$638,421
137,974

Earnings per share on 129,500 shares common.-

profit after charges and taxes-.—
146, p. 290.

/

153,

p.

Period Ended June 30—

income

$388,054 ;

..

depreciation,

♦Net

income

taxes.—V.

155,

for excess profits taxes.
tEqual to $1.33 in 1942, $2.03 in
$1.03 in 1940 on 240,000 shares of capital stock now out*
standing.—V, 155, p. 2191.

"Net

and

profit

p.

Subs.)—Earnings

Earns,
;

sh.

per

on

400,-

.

$179,053

1

$0.13

■,

and

profits

excess

rates.—V. 156,

/f'-ff \•:(

792,

dividend

A

.

par $25,
75

Electric

Suburban

of

cents

90

share

per

Dividend

Co.—90-Cent

was

paid on

the common

stock,

Sept. 25 to holders of record Sept. 17. This compares with
paid on June 26, last, and $1.20 on March 27, 1942.
Pay-

on

v

cents

during 1941 were as follows: March 28, $1; June 27, $1.25, arid
Sept/26'and Dee. 26; $1.50 each.—V. 155, p. 2464.
- ;
!
J'
ments

;

$0.69 ;;; : $0.45
depreciation and provision for Federal taxes.—V; 155, p. 2192.

'V $0.39

,000 shs. capital stock
♦Atfer

$276,442 »

$53,956.

$158,411

rf

1942—6 Mos.—1941

1942—3 Mos.—1941

...

in 1942). tRevised.

acts, plus a reserve to cover possible increased

revenues

Worcester

$123,287
1941 after

income

1942, is based upon the existing

2192.

p.

West Virginia Coal & Coke Corp. (&
Period Ended June 30—

State

and

Federal

$532,061

'

$5,644

$18,501

$16,946 ;

$22,664

profit

'After Federal

excess profits taxes ($981,000

taxes for the 6 months ended June 30,

.

estimated Federal

for

provision

and

depletion

for

Note—Provision

1942—6 Mos.—1941

11941

1942

6 Months Ended June 30—

"Net

"After

1942—3 Mos.—1941

,

$2.41

,■

!

;

$607,556
7,767

| and State income and

June 15,'40 June 17,'39

*$246,800
1942 and

•'

568.-

*

$311,549

if-

(Alan) Wood Steel Co. (& Subs.)—Earnings—

1941

;

taxes—

income after all charges and

Net

1941

1942
$185,073
$1.43

6 Months Ended June 30—

$801,022.—V, 156, p. 440.

*'

Goodwill Station—Earnings—

The

WJR,

$1.62

'

tax was not assessable.
of June 30, 1942, amounted to $2,273,165 including

Webster, Eisenlohr, Inc.—Earnings—

provision
1941,

for Federal

rates contained

on

Kansas Block—,■

$2,692,938

!

3 Months Ended Aug. 31—

$44,324

$84,148

Van Norman Machine Tool Co.—Earnings—

"After

1942—:6 Mos.—1941
$400,878

,

a share on the common
1941.—V, 155, p. 2288,

30,

—V.

„

*Net

Subs.)—Earnings—r

$91,628
$0.10

equal to $1.82

Wauregan-Quinebaug Mills—Earnings

depreciation,

24 Weeks Ended—

is based

For-the

1»42

36,

taxes.

cash of $883,164 and current liabilities totaled

■

which had been set up in the first quarter of the year.
was no necessity in the 1942 quarter for setting up any
Federal income and excess profits taxes, the report states, owing to the
elimination, and the loss resulting therefrom two years ago, of some
real estate holdings of the company.-^-V. 155, p. 2191.
v.

-

$0.12

equal to $1.08 a share on the common stock as

profits

Current assets

Note—There

>

$0.07

1942—3 Mos.—1941

share.

com.

foreseeable

profits taxes,

•

30—"

1..^.

per

♦After

(& Subs.)—Earnings-

Ended

pontingencies.....^.

Note—Excess

and for the six months ended
June 30, 1942, after provision of $8,000 for Federal income and excess
interest

"■After

67,304

$0.07

$186,642
$323,883
$0.38
$0.61
depreciation, interest and Federal income taxes.
,

profit

Earns,

"

Net profit

1942—6 Mos.—1941

$15,325

$31,783

profit

♦Net

,•

Earnings per share on 167,900 shares of capital stock—

(& Subs.)—Earnings—

Sales Corp,

Vadsco
'

that period were $3,135,853.—V. 155, p.

Net sales for

1941.

$94,795

55,918

!

..

Period Ended June

" " 1939 "

__v_.

for

$86,610

36,601

;

•

52,235
$0.13

$214,831

_—

outstanding (no par)—

with

""Compares

1940

contingencies-..;^!.—.

Provision for Federal income

Earnings per share_——

on

Six Months

taxes and

before

Reserve

,

155, p. 2288.

<

■

sh.

common

.

-sales

Profit

per

$54,734

$80,742

■
- ■

,

White Sewing Machine Corp. (&

.

"

.

Earnings

$886,281

—

Federal and State income taxes.

for

Provision

taxes

'
taxes

1942—6 Mos.—1941

■

•

,1941

1942

Warren Foundry & Pipe Corp.
Net

before

income

Net

; •/..■

.1942—3 Mos.—1941
.

Fed.;

after

income

—V.

1941 i
$747,248
$0.23

$103,620
$0.03

>_*.
—

$2,330,370 at the end of 1941.—V.: 156, p. 791,

218

____

1941' ;
$323,529
$1.10

C,-.;','

p. 2288.

taxes

after

.

$886,063

operating income—
income (net)—.—_—:

Other

•;

155,

;

(The) White Rock Mineral Springs Co.—Earnings—

including cash of $266,090; current liabilities, $1,309,431, and net
working capital, $3,346,420.
This compares with working capital on
.Dec, 31, 1941, of. $3,337,873/ .Inventories of $2,984,393 compare with

$5,604,832
4,718,769

returns and aIlowances________
Operating & selling expenses (inch depreciation, $90,918)—

V.

Period Ended June 30—

interest,
deprec. & Fed. taxes$279,702
$248,220
$199,454
$139,885
Earns, per com. share.
$2.75
$2.45
« >;
$1.97
$1.38
Net sales were $6,882,059 in the 1942 half year, compared with $6,452,010 in 1941,
.
Balance sheet as of June 30, 1942, showed current assets of $4,655,profit

] '

Net inc. before Fed. inc.

851,

; ■

sales, less discounts,

■Gross

—

.V*.-!

6 Mos. Ended June 30—

to the New
.

•

Note—Provision

1942

,,

(est.)

share

common

1/!!, (S.;D.> Warren Co^—Earnings—.
Net

steam railroad section was sold
RR. for $250,000.—V. 156, p. 88.

"

June

indebtedness.

(& Subs.)—

•

'
1942
Net income after charges and taxes.....$256,360
Earnings per common share^^.^-.—;—$0.85

and

608.

155, p.

cents on Jan. 31,
Jan. 31, 63 cents; April
156, p. 88.«

and 75

6'Months Ended June 30—

Sept. 22, the

Utica property

~T1 improperty.

Earnings—

•

Ltd.—Earnings—

Amulet Mines,

Earnings per

last,

White Dental Manufacturing Co.

(S. &.)

«

■

.'"'.V!

profit after charges and taxes

Net

20 its

June

on

were

6 Months Ended June 30—

RR.—Dissolution—

Commission of New York announced Sept.

paid

26,

Payments during 1941 were as follows:

Earns,

r,

Wait6

cents

40

(30, 75 cents; July 31, 63 cents, and Oct, 31, 80 cents.—V.

this

■

Sept. 25 paid a dividend of 50 cents per share on
par $25, to holders of record Sept. 17.
This com-

on

stock,

with

1942.

;

the pre¬
share.—

'

adjourned annual meeting of shareholders held

1063;."

■*.' ;•

.

for-Federal'income and excess profits taxes for the

pares

com¬

in

company

common

'

" elected: W. Warren' Humphrey, Edward D.
Stair, Augustus E. Staley, Jr., Arthur K. Atkinson, Nat S. Brown,
Pierpont V. Davis, Walter S. Franklin, Allen P. Green, James L. Homire,
Frank C. Nicodemus, Jr., Norman B. Pitcairn, J. Leonard Replogle, A.
Wessel Shapleigh, George H. Sido and Henry Rogers Winthrop.—V. 156,

Oct.
($1

registration on the Cleveland Stock Exchange.
among other things, that economies might be
.effected by delisting and that the over-the-counter market would pro¬
vide adequate trading facilities.—V. 156, p. 872.
/ ...
par)

The

shares

trading

the

Adjusting for the stock split-up in 1939, earnings
1932-41, inclusive,- averaged $4.64 per share on the

directors

',*■

v.» ■1

:

Weymouth Light & Power Co.—Pays 50-Cent Div.—•
The

•

"

Wabash RR. Co.—Board of Directors—
the

$632,529
$1.41
>

1

Note—Provision

income

,!

tl941

1942

$501,661,
$1.05

,

\-t 1942 period was based on rates adopted by rthe House of Representatives
; (45Ye normal and surtax; 90'/<
excess profits taxi and included in the
second quarter necessary adjustment for the six months taxes.—V. 155,
_P. 2192.
•

the smaller so-called "coal roads," the Virginian
dividends in each year of the depression

872.

p.

following

that a hearing has been set for
to withdraw its common stock

Sept. 22

SEC announced

the

on

years

'

»

....I-

;

Net

Upson-Walton Co.—Delisting Hearing—
The

of

number

The

substantially.

ferred.

At

15

10

'

353,132 common shares.

on

V

..

(& Subs.)— Earns.

♦After charges and Federal income and excess profits taxes.

,

v

&

Barney

saving in fixed charges is equivalent to about $1 a share on
Last year's earnings were equivalent to $5.87 per

par

no

subsequently.
the

for

dividend of 40 cents per share on the
payable Sept. 30 to holders of record
Sept. 23.
A! like amount was paid on June 30, last, as compared
with 25 cents on March 31, 1942.
Payments during 1941 were as
follows;
March 31, June 30 and Sept. 30, 40 cents each, and Dec. 22,
directors have

down

of

one

155, p. 2376.

t Adjusted.

i

wide coverage of

shown

$501,896

$7,161,655,

to

Chlorine Products Corp.

♦Net profit
Earnings- per. share

preferred, or more than three times the annual cumulative dividend
rate.
During the 10-year period the road's fixed charges have been
reduced
by
about $1,000,000
and now are below $2,500,000.
The

Inc.—40-Cent Dividend—

Universal Products Co.,
The

common

scaled

be

to

& Beane, Smith,

Fenner

prising the block compared with a total volume of
security since the first of the year of 27,900 shares.

reserves

•

including $1,465,813 cash and
and• current liabilities

1942,

30,

6 Months Ended June 30—

Shields & Co., Blyth & Co., Inc., First
Peabody & Co., Mellon Securities Corp., Merrill

Kidder,

Pierce,

June

amounted

1941.—V.

Westvaco

,

Co,; and Spencer
Trask & Co.
." ■
'
.;
'* '
The block, one of the largest to be distributed after the close of
trading on the Exchanges, was actually absorbed before it was announced, the books being kept open for half an hour only to comply
with the requirement of the Stock Exchange.
As a result allotments

payable July 1,
1942, $120,492;
for Federal income taxes,

dividends,

Liabilities—Preferred
accounts

Corp.,

Lynch,

S. Treasury

U, S. Treasury tax notes, $273,900; other U.
bonds, $150,000; accounts and notes receivable, $4,663,414;
of tobacco,
$3,241,585; Spanish Bank deposit, $315,302;
ties, $573,182;

and

of

as

securities,

in

$2,450,747
v

besides

included

Coast,
Boston

$482,188

125,374
152,000

114,105

930,000

comprised 38 firms, from New York to the Pacific

The offering group
"

securi¬

assets

marketable

(par $25), offered for¬

preferred stock

According to Shields & Co., the demand could have ab¬
sorbed several times the number of shares offered.

■;

■■

1942

30,

$3,221,177; marketable

hand,

on

v

.

Sheet,

Balance

Consolidated

197,143

2,653,000

9

$5,404,403.. These, compare with cash and' marketable 'securities
of
$637,218, current assets of "$4,075,677 and current liabilities of
$1,372,981 on June 30, 1941.
Inventories were $3,931,979 in 1942 against

preferred stock as distinguished from common stocks
which have predominated among secondary- offerings.

$57,200 for surtax

12,416

$779,270

t were

mentary on the secondary distribution of a highly-rated

$7.09

17,358
1?

—$358,218

profit

Current

v ;

■.

ception accorded it at the fixed price of 28 Vs less $1
discount to dealers proved to be an interesting com¬

499,612
798,825

declared
excess

.

•

mally after the close of the market Sept. 21.
The block
consisted of 59,100 shares sold for an estate and the re¬

■(•Includes
liquidation of investment in affiliate and subsidiary.
(Revenue Bill in 1941— proposed).
flncludes $1,759
value excess profits tax
(to Dec< 31, 1941).
There is no

"Or

$1.00

Virginian Ry.—Secondary Offering of Preferred Stock
& Co. announced heavy oversubscription of

$1,529,238

485,386
726.205

$1,520,044
492,556
726,205

dividends

Preferred

$155,455
156,001

$0.46

—

the block of 6%

252.270

$1,445,009
488,380
726,205

$1,378,983

Net Income

Earns,

,25,399
1434.763

__—

for Fed. inc. taxes

Com.

7,144

fund

share

per

Net

$766,854

Earns, per common share
$2.23
$3.00
$3-12
♦Inpiudes $548,000 for increase in taxes anticipated under, pending
legislation.
'
•'

;

—Shields

stock

sinking

in

207,300

$94,599

outstanding-^!—^!.,.,,.,.-.

stock

of

—v. 156, p. 791.

$1,880,630

______

pfd.

on

665,000

____

profit

Earnings

$1,185,717
694,912

_______

income

Depreciation
Premium

$1,475,179
$1,072,649
536,092,
861,314

$1,786,518

profits

Gross

profits taxes

excess

1940

,

$1,526,293

etc....

amortization,

Fed.( inc. & excess, profits taxes..;

;

$1,310,957
466,365
310,910

,

$1,508,935

23,207,

,

Depreciation,
1941

1942

1941

>,

$3,208,361

income

Total

;

.

.

1942

$3,185,i54

expenses_:r„._>.L;:j_'„';

...Other,, income

759,599

and

after

Profit

.

taxes

Federal income

Shares

Prov.

,

(Including subsidiary)
6 Mos. Ended June 30—

•

Corp.—Earnings—

before

Profit

$33;688,240 $22,709,612 $33,907,890 $21,676,069
31,901,722
21,234,433 32,835,241
20,490,351

________

sales

of

dep.

$2.13

$2,236,274

1939

1940

1941

1942

income

Other

1641
$740,974
$3.70

6 Months Ended June 30—

Subs.)—Earnings

Ended June 30

Consolidated Income Account for Year

cost

and taxes

•

Universal Leaf Tobacco Co., Inc. (&

Gross

1942

$426,303

8—

Earnings per share on 200,000 common shares_

1942-1943.—V. 156,

for

production "schedule

its

32 Weeks Ended Aug.

Net income after all charges

967.

on

Weston Electrical Instrument Corp.—Earnings—

Veeder-Root, Inc.—Earnings—

$992,530 in
Chairman,

compared with profit similarly computed of
period a year ago. J. Cheever Cowdin,

as

corresponding

the

pointed out that Universal's gross revenues, both in this country and
abroad, are continuing in satisfactory volume and that the initial
releases of the new season have been favorably received.
The company

Monday, September 28, 1942

•

Worthington Pump & Machinery Corp.- -EarningsVanadium Corp. of America

!

6 Mos. End. June 30—

Net

sales
and

Costs
.

and

Depreciation

1942

__

depletion—.

)

1941

1940

$6,948,640

$5,109,884

j5,133,244

3,501,636

380,161

316,508

1

expenses

_

Western Air Lines, Inc.—Earnings-

$8,016,004

—

—

(& Subs.) —Earnings—

'

6,645,798

^

chgs.
^$93,190

taxes-

Earnings

share

per

Other

income

Interest,

—V

for

income

'

—

$1,435,235
26,197

$1,291,740
18,545

$1,400,142

—;—,

etc.

Provision
Fed.

$1,370,206
29,936

___

income

Total
*

profit

$1,461,432

$1,310,285

82,670

excesS| profits taxes

1,045,000

285,000

Net

$152,598
"$0.37

profit

Note—The

in

the

$703,762
"$1.73

$916,690
t$2.43

1942 represents
1942, calculated at the rates pro¬

proposed

1942

Revenue

Act

as

passed

by

the

Current assets as of June 30,

House

on

1942 equiva¬

1942, amounted to $8,624,019, including

$1,311,629; current liabilities were $4,200,915, while inventories
to $5,796,968.
As of June 30, 1941, current assets totaled

amounted

$8,542,896,

!

/

■

(And domestic subsidiaries)

^

1942

6 Mos. Ended June 30—

1941.

.

.

"
*

"
1939.

1940

profit after chgs. &

Federal

income

Earns, per common
"After reserve

based

310

$3.96

sh,_.
45%

of

normal

on

$1,078,922
$2.95

$1,309,858
$3.86

for Federal income and excess

rates

on

*$1,388,877

taxes

t$95,164

Nil

profits taxes of $5,379,-

income

and

87.5%

on

excess

tLoss.—V. 156, p. 264.

profits.

Westinghouse Air Brake Co.—Earnings—
domestic

(Including
"Net

subsidiaries)

profit

...

"After

3,172,110 shs. of capital stock

depreciation

and

provision

for

Federal

1942
$800,295
$0.25
income

(.

and

(Rudolph) Wurlitzer Co. (& Subs.)—Earnings—

A

11941 j
$1,561,389
$0.49
excess

profits taxes of $2,649,849 in 1942.—V. 155, p. 2104.

3 Mos. Ended June 30—
"Net

per

"After

1942

$58,280

profit

Earns,

sh.

common

depreciation,

$0.09

interest,

1941

.

$220,664
$0.48

Federal and

State

1940

$73,107
$0.13

income

—V. 156, p. 88.

19391
$156,870
$0.33
taxes,

etc.

•

provision for Federal taxes on income in

July 20, 1942, and based on annual earnings for the year
lent to twice the earnings for the first six months.

cash of

Nil

Quarter Ended June 30—

tOn 377,139 common shares.

one-half of estimated taxes for year
vided

$0.19

154, p. 1104.

Earns, per sh. on

Earnings per share
—
♦On 405,706 common shares.

*$59,333

Nil

$0.23

108,595

675,000

52,544

contingencies—-—150,000
&

"Loss.—V.

$990

$78,600

on

409,954 shares
Operating

,•

Net

after

Income

and

1942—6 Mos.—1941

1942—3 Mos.—1941

period Ended June 30—
Net

t

including cash

$2,274,168 and inventories

of $3,272,514, while current liabilities were
aggregated $3,897,366.—V. 156, p. 704.




AVcstinghouse Building, N. Y. City—Bonds Called—
of first mortgage bonds secured by trust mort¬
Broadway Corp. have been called for redemptipn
Oct. 1, 1942, at par and interest/
Payment will be made at the Conti¬
nental Bank & Trust Co., trustee, 30 Broad St., N. Y. City.
This notice was given pursuant to the plan of readjustment declared
A

Zonite Products Corp.—Earnings—

total of $27,633.33

gage

made

operative
owner.

dated

by

150

March
The

Feb.

29,

bonds

27,

1934,
are

1923.—V.

by

issued

155,

p.

Springsley
under

1320.

and

Corp., the present
secured by trust mortgage
Realty

.

(Including

Period Ended June 30—

♦Net

profit

Earns, per

common

sh._

"After depreciation

$ Including
for

future

Canadian Subsidiary Only)
1942—3 Mos.—11941

*$65,617
$0.08

*$18,380
$0.02

,

^

1942—6 Mos.—11941

$100,025
$0.12

$70,282
$0.08

and Federal taxes, tlncluding British subsidiary.
($30,000 in 1941) recovery of portion of reserve

a $42,270
advertising.—V. 155, p, 2192,

•