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BUS.
M*H
ubraM
JV--J
M ONDAY
-
..V
V
•; j,-r:
,,,,
*»J
'''
,Volume 164
New
Number 4529
RAILROAD
k
PUBLIC UTILITY
-
Price 60 Cents
York, N. Y., Monday, September 30, 1946
INDUSTRIAL
-
INSURANCE
-
Copif
a
1
MISCELLANEOUS
-
■vh'
7V\
Title
Abstract
Allis-
,.*25,000 shares of common stock are reserved against such war¬
rants, which are exercisable at $6.60 per share up to and including
15, 1947, and at $7.20 per share thereafter up to and including /
March 15, 1948. tThere are reserved for conversion of 97,152 shares of
the 5%% cumulative convertible preferred stock 121,440 shares of the
common
stock.
tThere are reserved for the conversion of 120,000
shares of 5 Vi % cumulative convertible preferred stock, 240,000 shares
Buffalo, N. Y.-
Corp.,
Mortgage
&
Vv
The
March
announced its withdrawl from the mortgage
field with the sale of about $2,500,000 of guaranteed mortgages.
7
William
Warren
3mith, President, said about 350 mortgages in
the Buffalo, N. Y., area, valued at $1,500,000 had been sold to the
Erie County Savings Bank, Buffalo, N. Y.-r-V. 155, p. 2450.
The
has
corporation
of class
class
Albert
M.
President
Kahn,
of
?
Manufacturing
Rubber
Hamilton
Corp.,
announces
/Adam Hat Stores, Inc.—August Sales
Period End.
$905,169 .?
V. 164,
1077.
p.
I
Increased 58.3%
$571,728 $10,661,019
'
;
A dividend of 35 cents per share
payable
$10,
par
to
Oct 10
of
shares
61,216
following removal of. price: restrictions
investment banking group that
underwrote
??
of
names
several
the
underwriters
and
•
the
amount of $140,000
Alton
does not intend to 7
RR.—Reorganization Plan Approved—
Interstate
/
Commission
on
Sept. 13 certified that:
$26,745,000 of refunding mortgage
EARNINGS (AIRLINE POODS CORP. AND PRESENT SUBS.)
bonds representing 99.87% of total of the allowed claims of the class
.
voting have approved the plan of reorganization.
-•
6 Mos. End.
-Years Ended Dec. 31
June 30,'46
1945
1944
1943 ?"?'? ; : AH holders of stock of Joliet & Chicago, Louisiana & Missouri River
and Kansas City, St. Louis & Chicago railroads also voted in favor v
Net sales:
$6,809,866 $11,550,153 $11,733,186 $10,607,025
of the plan.—V. 164, p.- 1325.
Gross income526,901
808,640
608,439
506,110
Net inc. before taxes481,320
673,820
434,136
428,219
Federal taxes192,157
429,082
217,891 200,633
Aluminium, Ltd.—To Redeem 6% Preferred Stock— 1
Net income
289,163
244,738
216,245
227,586
.;?•<' It is announced that the company will redeem on Nov. 29, next,
HISTORY—Corporation was organized in Delaware Oct. 29, 1945, for
all of its outstanding $7,244,900 6%
preferred stock (par $100) at
the purpose of bringing under a single corporate ownership a number
$107.50 per share and dividends amounting to $1.50 per share.
No
of subsidiaries.
Company is the parent of a group of subsidiaries ennew financing is
contemplated.
V
; ?
?
gaged in the manufacture and processing of various foods which are ;;
The
redemption price is payable
at the option of stockholders
sold under their own brand names, principally to large • purchasers ?;
either in Canadian or United States funds.—V. 163, p. 3125.
such as wholesale grocers, store chains, restaurant chains and bakeries./?
Other subsidiaries are engaged in the distribution of a widely diversified
American Bakeries Co.—30-Cent Dividend—
>?line of food products primarily to institutional consumers.
v
The
v
f
,
f
■
has been declared on the common
holders of record Sept. 20. Pre¬
viously, the company ? made regular quarterly, distributions of • 25
cents per share on this issue.—V. 163, p. 32.77,
i
stock,
for
Commerce
road's Class 5
the
creditors holding
'
Addressograph-Multigraph Corp.—Div. Increased—
■
subscribed
convertible
new
.' The
the proceeds of the present
mortgage indebtedness with
any
financing.
1946—8 Mos.—1945
$7,338,221
1946—Month—1945
Aug. 31—
off
pay
company
13
the
of the anti-dilution provisions in the amendment
incorporation fixing the terms of such preferred stock.
§The mortgage debt of San Jose Packing Co. in the
Is not included in the above table.
The corporation
,
Sales
of
the
from the issue by
the offering.
percentage of un¬
subscribed shares to be purchased from the company are listed in our
issue of sept. 2, page 1197.—V. 164, p. 1325.
plus an indeterminate number of shares of
the conversion of such preferred stock if
such preferred
stock shall be subsequently
by virtue
to the articles of
their merger
into the new Acme-Hamilton Manufacturing Corp., with main offices
at
Trenton, N. J.
Officers of the new corporation are: Albert M.
Kahn, President; A. J. Kaminsky, Executive Vice-President and Treas¬
urer; Peter Jenkins, Vice-President, and Charles J. Gale, Secretary.
"Hie Acme and Hamilton companies will function as departments of
the
newly
formed
corporation with no change in personnel and
policies.—V. 164, p. 1325.
?
*"
and
The
of
359,373 shares of new 3V4%
cumulative convertible
The rights, which entitled them to subscribe to this
share, expired at the close of business Sept. 12.
• .«
preferred stock was quoted 93 bid 93 W asked
issue at $100 a
Sept.
upon
rate
stockholders
company's
preferred stock.
(par $1),
issuable
conversion
increased
Co.
Rubber ? Manufacturing
Acmd
the
Corp.—Consolidation
Manufacturing
.Acme-Hamilton
stock
A
stock
A
the
.
j
*
,
*
,
_
York—Files With SEC—
Aero Research Corp., New
The
•
Sept. 11 filed a letter of notification with the
170,000 shares of $1 par common. Offering price $1 a share.
will be used for organizing business of developing inventions
i'ifiHC for
Proceeds
•
la connection with aircraft.
Issue not underwritten,
r
-
in about 30 days.—V,
effective
become
to
Debs.
P(d. Shs.
$157,000
•;^L4,650 ^
Straus
R.
Blosser.
&
&
•
&
Lax
Herbert
director
?as
of
Hoosier
August,
;:It
Greenfield,
of
Freight
Air
1946.
reported
is
Lines,
Cargo
Air-Borne
that
the
Corp.,
name
a
planes is expected, with. Greenfield Lax & Co. Inc. as under■'?
7:~
'«< <,7^.7
company recently transferred its entire - facilities at the municipal airport in Baltimore, Md., to its new operating and mainten¬
ance base
at the municipal airport in Millville, N. J., and its New
York office
formerly located at. 103 Park Avenue is now located
f11nH
einMni,
Stirling,
Cohu
$1,70(/,0(JU O% sinking iUim.ueDeniure^ Que r eo^ l, i» 4
and 120,000 shares.. Of 5%%^cumulative convertible preferred stock (par $25).
The debentures were priced at
"PURPOSE—Proceeds
f
of
securities
the
will be
used
are the David G. Evans Coffee Co.,
Biscuit Co., Brooklyn; San Jose Packing Co.,
Jose, Calif, and the James A, Harper Supply Co., Kansas City, Mo.
the Empire
i
St.
record
Sept.
Jan.
1CAPITALIZATION—The capitalization and debt of the corporation,
.In
adjusted to reflect ^1) the authorization of $2,000,000 .of 5%,
in* addition,
sinking fund debentures due Feb. 1, 1962; (2),;:the authorization of .u trlbutioii nf
150,000 shares ol -5'.sa-cumulative convertible preferred stoct-(par, 5
,
.
as
—
.
■
,.
.
.,
..
t™",-"on
«5»;
(3) .the authorization of
1,000,000 shares.of class
A.stock_<parj,
?$i); (4). the reduction of the authorized number of shares of the 5 J/2
ft
■
? }
.
■
$1,000,000
? j5% skg. fund debs., due Febrf,v196i_2-j
5% skg. fund debs.,'-due Feb. 1, 1962_LJ
s¥i%
cum.
cony*?pfd-- stock (par $10)_ /
SMt%
cum.
conv,
stock
Class A
Common
stock
pfd.* stk.
(par
-
$25)^-
?; ?
r
150(000 shs.
-•
i-' V 25,000
'
None
25,000
-
|^ojtgage debt
:
7977
n
'
< ;
.
25
declared
the
at
the
same
time.
15, April 25 and
y ta
.
*
a
%*»•$
.
tv?
t
??
§
sold on
P»
/behaIf df /4- sellihg
1077.-
77.7 -?/
■
Cleveland
Stock
Detroit, .Stock,
Los"
.
-a
Toronto Stock Exchange^Curb Section.
A: Qvefrihei-^ounter f ^|aijkets^/j^f
-7
,
?' Stock
V. 164,;
"*
"???
municipal department
•
Redemption
-
SECONDARY MARKETS
(alls
S;?
*
>•
?*
y.7-'
#.f'?• "t
Metfihers New
-^.Established 1922 ?<*■
incorporated
. «
York Security: Dealers
?
Association
•
and.Pajjablc—«.«L-Ur
30 BROAD STREET
Telephone:
HAnover
|.i?
2-2600
.
-
■
NEW YORK 4, N. Y.
Bell Teletype:
>
•
NY 1-573
^
IT
t
i'
Federal Reserve
c$m. f"Mu>ns
v--.
76
Cleaitogs^>^^M6;^.
r
*7
Bank-.^--.-^r^t-i4«2|
Condition Statement of Member
;
45 NASSAU STREET,. NEW.. YORK 5 ^;
'.v?Telephone
' Philadelphia Telephone.
Bell Teletj
■ftEctor 2-3600 A> " WJEnterprlse^Cie ; \ Vlfew-
-
and Sales^.
Condition statement of
Federal Res^rye
^
f
'
'-•Tf
4&Foreign JE^fcMnge
v
GEAltHART & COMPANY
qAllen &
"
y?- ^
Sinking Fund Ndtlees..
&
The CourSe' of Bank
.
v
•
'?'. ??<;v
-
Miscellaneous Features
General
State and City Sond Olferings
Dividends .Declared
i.
/
Exchange/_kk-,-
Transactions New York Stock Exchange-^«1608Transactions New York Curb F^ebange___-1608
;
CORPORATE-FINANCE
r.-
kkl.1620^ |?
Stock Exehan^lj^
Montreal Stock Exchange—(
Montreal? Curb Exchange.4/
? ??;-?;??
y
[.
Exchange-ik. ----i'LicI. —--^1619
Ejcchange_.4r?-^W--'--/Lt--^--^^^
7 Pittsburgh Stock? EXchaiige.-_1620"; ? St. Louis Stock Exchange
16^
•
Municipal Bonds
;
Angeles-^toclc^
Philadelphia
*
-I
specialist
Exchange*-«--r--.^^r%%I6|8^;
Stock Exchange--i-."-. J-— — . —. — — — 16 18
Cincinnati Stock Exchange£vi--'--.--;---iTi619-"^
Chicago
| Toronto Stock
.V ''
stockholder.
Stock
dividend^
holders
usually,,
Wyandotte, Mich^Stock Sold'
^-Andrew.C, Reid & Co. on Sept; 17 sold 13,000 shares
of Class B common stock at $5.50 per share. ?The stock
was
.
/ Boston Stock Exchange.
:
,;y,-r
;.-v--,K
cents each were paid on Jan.
,
'Xrr'.f-'
y'-:- ■::
July ;25,;
v'
V
quarterly
regular
-,
All Metal Product*. Co.,
253,560 shs;
r.
ir<*
cents per share. ( v.. 163, p. 3277.
.Extras of j25
■J...
'
t97,152 ShS.
120,000 shs..
500,000 shs.
«hsre—-V
last^ and/in each quarter during 1945.—V. 164, p. 549.
$1,000,000 >; •
j "1,700,000
100,000 shsf.
*1,000,000 shs.
(pa,r - $1)^*4^
(par $1)
^Warrants
v
; ^Outstanding
2,000,000
y
S-
last year, the* company, made-ah extra dis**
ner
directors "on. Sept.
declared
securities now offered, are as follows:
Authorized
20,
of 25 cents per share on- the pommon stock^jpayable Oct. 25 to
of record Oct. 8, but. took no action on the extra dividend
td
?
Baltimore
-v
Ajr Reduction Co;, Inc.—Omits Extra Dividends
The
convertible preferred stock (par 1610) from 150,000 shares
i00,000-shares; (5) the mortgage debt on the properties of the subtBidiaries-iOf the-corporation; and (6) the'issuance and sale of the
cumulative
$#■
rents
■'
i.c-,.,.-x?#?-.
option.
on Oct.
rf..
1; New Yprk Stock
New York ? Stock Exchange (Bonds)
New York ?Curb Exchange—»X.-^161^;.?.'
Special Dividend^
21, 4 cents;
97
*
,
Stock and Bond Quotatrons?
a
Payments previously made this year were as 5
April 20, 3 cents; and July 20, 3.8 cents.
;_f
1945,- four quarterly dividends of 3- cents each were paid»; and,;
follows*
-•1
Th^special.dividend is payable In cash or in stock,;"
25.
Holder's
the
at
f!
*
7*t/\.
<in This Jsstte
t'a.
.■
at a later date
Sept. l8.-®here«
value/^V. 163, p.v 2296.
'r,v•V-l-'
A'•
'"V
'-r,.
•
of $1 par
*9-v.;.V1!'
4
25,000
directors have declared
Pa.-—List-^r
p#imilt
#?■
1,000
.pfHr-xTt'S y
Biitter,
options!for admission tP trading
by the rNew York Curb Exchange. ;on
1,500,000 shares
l~2ol
special dividend of 75 cents per share
and
a
quarterly dividend of .2y2 ;cents per share on the';cdmmon,>:
stock, par $1.25.
The special distribution will be. made on Oct.- 25, *
next, and the regular dividend on Oct. 21, 1946, both to holders of
San
against
announced
authorized
are
35,000
Affiliated Fund, Inc.-—75-Cent
..The
pri¬
to
shares
-,i
750
25,000
'?•!'
Bousman.
Torrey__
Bushinger Co.Xi:
-
Transfer agent, ['1
companies
These
options.
«4
Corp.
&
600,000
■
-a-
12'/a cents J)er share was made on the common stock on July 1, this
;
marily for the expansion of the company's business through the acqui¬
sition of-the capital stocks of four other companies, on which it has
X«ouis;
2,000
City. ?\r••-M'-?".
sale
from
Morris
? was
?
5o",6oo
Gardner-
&
from
issuable
2,000 ?
53,000
50,000
-T.•
,
to increase the iSathorized np par
900,000 shares in order to provide for
2t-'voted
.
year* v-164, p. 677.
/Registrar, Chemical Bank & Trust Co., New York.
Bank of Jersey
'fj;
E. W. Clucas & Co..
96 and int. and the preferred stock at par.
First National
Co.
?<,
i?
April 1, 1946.
American Bantam Car Co.,
f
"." The directors have* declared a regular quartCrlJr"dividend of '12W
cents per share on the common stock and the usual quarterly dividend
of i33/4 cents per "share on the 5%% convertible preferred stock, both
payable/Oct. 1 to holders of record Sept. 25. ' An initial distribution
1962
1
|S|,
|Common Dividend|fp.
OfferedHei-rick,
Sept.: 18 offered
on.
dnp Ffh
•10,000
"■
ChicagO.
Wl
f t Approval of the original listing of 881,183 'shares of common stock
1.800 ?
(including '836,183 shares outstanding?'and 45,000 additional shares :
? 5,000
of
&
Jones
i"ioo
&
L.
H.
:■
dphpntiirpC
>,*.y
/
,
Inc.-
a
the two-for-one splty-up.;, The Irving Trust Co., Ne% York, N. Y.,
mailed the certificates; for the a^ditiankl shares.—V. 160, P. 1193.?;
1
2,500
'-J.—y,
Co.
Co;
Clayton Securities
......
Securities
Airline Foods
WaddeR & Co., Incr and Associates
■
•
Reed, Lear & Co..
Broadway.
160
D.
Reinholdt
The
4
Securities
Edward
writers.
at
Tattersall &
First
tional
♦
Emerson & Co.,
Hall,
addi¬
of
L.
■
i.
A.—,
declared
no
2,000 *
25,000
—
on
stock
2,000
25,000
•
H.
2,000
.
the
The stockholders on May
75,000
Sons_
Washington^ Corp._
Amott, Baker & Co., Inc.
formerly known
purchase
for
&
First
having been changed in
financing
additional
elected
been
& Co. Inc. has
Inc., which was
Lax
Edwards
G.
A.
paid
40,000
Estes, Snyder & Co., Inc..
1 Air-lJorne Cargo Lines, Inc.- -New Director—
-
100,000
Co.
Investment
State
7,000
2,000
on
,
2,200
50,000
Co.
The
;;
55,000
Co.
Courts
.
150,000
s/
Johnson & Co..
H.
Bioren
157,
Pr 1645.
70,000
V
Maxv
stock of this company will be
it. was announced on Sept. 6
tration- was? expected
'&■.
UnderwriterHer
traded on the Detroit
following approval of
the'ap^^on to list by the Exchange's Board of Governors. Regis¬
qommon
Stock. Stfelfdnge,
follows:
as
have
directors
share
specified blocks of the debentures and preferred shares, are
purchase
,,
j|; Aeronautic*! Products, Inc^i$ii»gr^|^0;i^^.
'
quarterly dividend of 30 cents per
par value common stock, payable Oct. l to holders
*, '
of record Sept. 19.
A similar distribution was 'shade on July 1, last, .,?.K:
on the present
outstanding stock as the result of a two-for-one split
s
up which was approved by the stockholders of* May 24.
Stockholders^.?
nf
of rprnrH .liin» A
record Junk,
on^^dditional ShaT^OT' each
oaymehts of 50 %its per share
(Rridr ,|o-the slUtextra
cash dividend
37 V&
cents* was
made;- and, in addi
The
underwriting agreement as underwriters: "and their several
commitments, together with that of the managing underwriter, to
the
to
on
company
?
UNDERWRITERS—The dealers in securities that have become parties
?
Banks of
System-;/^
;
-
^
7-
i
.
1582
THE COMMERCIAL & FINANCIAL CHRONICLE
\
_
Monday, September 30, 1946
„
*
American »ra&e
American Brake
Shoe
onoe
Record Date of Rights—
"B
Co.
v,w.
The common holders of record
-He continued: "The
xvecuiu
^
13 will
the close of buslnesa Bept.
at
will
In the Judgment of the board of directors part of this
Investment should be financed by the sale of eommon stock."
—V. 164, p. 1326.
v.-'
::
/i
Declares 50 Cents
a
1
.
J"American
A
,
ehnro
has h«on
share hasbeen declared
deciared
nor
or50 cents
"
Common Stock-
on
e0nic
W
A dividend
per
on
n_i
Sept.
palcTregular quarterly dividends of 25 cents each.
ji
In
ai—
common-iA PIan-f°J" the retirement
comm n
voluntftry
stock, payable Sept. 30 to hoWers of
„•,,
exchange
for
stocks
five
of
of
of
its
subsidiaries
proposed
Vincent
been
■
10,000,000 1 shares in the -amount of
will provide stock for the
issuance of 2,800,000 shares
Employees' Stock Plan
and
also
for
further
Riggio,"
Vice-President
in
charge
of
v
equity
^
16, next.
American Tobacco Go*—New
President--^
>
:•*
or
such
of
as the need therefor may arise."'-v; 'O"v-'"'
The stockholders will vote on the
proposals on Oct.
For more complete
details, see V.,164, p. 1078.
a_
of the $6 and $5 preferred stock through
common
conversion
v
..
Increase
lir.ancing
&
,4
Bidding 15% <* Common Stocks of Five Subsidiaries- |
,*
-
,
the
the
on
1
Power
under the
upoft
■:
■■
.
proposed
authorized stock
;
Light Co.* — Preferred Stock-;:
c^n
Retirement Proposed—Also Plans to Sell at Competitive
share, on the basis of one additional share of common ior
each four shares held.
Rights will expire on Oct. 21, 1946.
a
approximately 3,510,000 shares for, issuance
debentures.
"The
increased
T
pany states in a letter to stockholders. *
Several months ago the company announced that It proposed offering
common holders the light to «"»«''">«
$35
requlred
jg^ $750,000.
be entitled to receive subscription rights for additional shares, the com-
at
htve
new factory building with its. added equipments
by Dec, 31> 1046( ftn increased investment of at,'
sales
i,
•
since
1929, has
elected
President to succeed the late
of cash was filed by this company on Sept, ac¬
George Washington H11L
with
who died
the Securities
and
pn Sept. 13.-—V. 163, p. 1151; V. 162, p. 1274.
Exchange Commission.
Electric Bond
an extra of 2 a centswaspaid on June 29. this yearand the follow!
and;
.,8hare Co which awns 2.9% 0f the preferred stocks and 31%: of the
extras were disbursed during 1945. March 31
10 cents
June 30, 15
common
stock of American Power &
American Viscose Con».—Partial Redemption—
Light Co., Joined in the plan,
cents; Sept. 19, 15 cents, and Dec. 23, 25 cents. .V. 164, p. 1077.
?
Hearing on the plan will be held by the SEC on Oct. 22.
^
The corporation has called for
:
redemption on Nov. i; next, "4,301'
J n"l\'
'
According to the announcement, the plan would establish the fair
shares of its 5% cumulative preferred stock
American Broadcasting CO.—Expansion
at $115 per share, plus
and equitable value of the
rights, on June 30; 1946, of each share fo
accrued and unpaid dividends of $1.25
per share.
Payment will bo
It is reported that
this company
will bring its
total affiliates
the $6 preferred stock at $150, and of each share of $5
preferred
made at the office of J. P.
Morgan & Co. Incorporated. 23 Wall St.,
to 218 on
Nov.
15 when Station KSWO, Lawton, Okla., Joins
the X stock at $137.
These amounts include dividend arrears of
$43.57% - New York, N. Y.—V. 164, p. 950. " '
Oklahoma network of A. B. C.'s southwestern group.—V. 164, p. 270.
\
a share on the $6 stock and $36.31 % a share of the $5 stock.
'} .7
A
•
'
f
»
cash adjustment" will be made
equal to the dividend accrued less
American Water Works & Electric Co.,
American
company
through later payment
-ddttton
,
g
.
-
*
.
-
-
>
,
Colortype Co^Preferied Stock-
The stockholders
authorized 40,000
Sept, 9
on
of cumulative
American
Cone
9tnrkhnlrler<?'
btocKnoiaeis
a
Pretzel
&
Protective
rroiecme
in the
i
«
.
Co.,
.
.
.
Fa.—
Ouster
Seeks
occm
v
•
removal
maker,
the
of
following
R. C.
officials of
Levicke, also
Texas
Texas
"The
The
named
behalf
on
of
attorneys
Robt.
N.
filed
also
Fry,
first
preferred and 315 % shares of common stocks of this company,
against L. J. Schumaker, President and several other defendants.
Fry asks for rescission, claiming that Mr. Schumaker, as President/
the condition
of
the
and thereby
company
stocks, r,
<
'l The company
the
Light
8tocks
Power
Light
Co.
of
&
will
sell
five- of
its
at
effective
of
at
or,
the
not
less
election
than
65%
the
of
J
and
February,
1944,
paid
preferred stock, the par value of which
from
in
$100
1924-25.
$1.75
was
reduced
1
holders
to
of
® W.5 25 cent, per
The
Hemp
Home
declared
record
;
American
American
-
SaJ®8.
share
Sept.
^w*
would
25,014,213
the
common,-;
Co., Inc.,
previous*
Cnar lcJ
be
retired,
at ^2
PrnJiirfe fWn
Froaucts corp.
9nn<V
Qf^/>lr
Fob.
-
18.
1946.>
on
Sept.
fix
may
.
this company
kwh.,
for
the
.^rbricate
mare
of
on
the
record
Oct.
on
Sept.
common
Oct.
14.
stock
A
1, which is the
26
now
monthly
rate
same
months of the current
declared
cash
a
dividend
of
30
additional
cents
Fairmont
on
for
in
paid
as
year.—Vt 164,
of
20
each
1198.
p.
cents
of
will
the
■<'
„
,
be
made
onf
preceding nine
\
?
t
.
"(par $1). Stock
each
record
two
shares
will
be
Nov.
on
held.
offered
1
in
The
1
r
American Ice Co.—Resumes Common
Dividend—Calls
Preferred
■rxeierrea
Stock
otOCK
The directors
,
on
on
for
ior
the common stock,
2. 1946.
A
payable
Jan.
a
2,
This is the first declaration
dividend
of
$1.50
per
share
contact
dividend
1947,
to
50
cents per
holders
of
this issue since
on
was
of
also
declared
of
record
Dec.
acquire
ill.,
and
stock, payable Dec. 16 to holders
^A similar distribution was made on April 15, July 15
15, this year.
On Jan. 2, 1946, a dividend
of $3 per share ;
Oct.
iiSt#
n""'
a
>
1
1
1946,
i
it
fnco
also voted to call for redemption on Nov. 1,
1 JeQ5/°.5« c°UtStaildlng and
cu^ulatlve redeemable
at $105 per share Share„6 £ G'
dividends.—V,
+
Sales Increased
1946—Month—1945
$616,044
$611,857
0.7%—
1946—7 Mos.—1945
$4,188,334
man
already
had
Sept.
the
two
owned
formerly operated
subsidiary.
pany
The
ment
stockholders
to
the
the .number
11
approved
outstanding
stores in
Salt
40%
of
$4,034,358
proposal of the directors
stock
of
Hughes,
as
Hughes stock. The Utah com¬
will now beeome a wholly owned
affiliate,
special
..
of
of
'
/
.
certificate
all
preferred
took
in
more
Securities
Corp.,
?'
With SEC—
■
Atlanta
»««*—* lies
.
'•
.
*
i
42J9fi0^hJ?e« S-t0t2 Exchan°e
ISimmeS
trading
trading
n
woe
was
ivrieci«ri
^
expected f
to
_
,
.
Sub^ect
to
p.
shortage
time.
this
issue
is
for
In
the
in
its
7:
.■
Rhodesian
Anglo
American
V
Ltd.
Below.—V.
162,
1507.
p.
7"'7
''
vn/-
7'i—'
;
Net
$
>
-
-.
..
of
sales,
"Balance
- $
"
•
17,429,633
'5,578,714
16,961,290
4,430,800
272,271
11,850,919
526,794
312,029
of
351,665
order
to
installation
23,472,990
' 5,136,043
of
common
period
5oH?)S shs'
sns.
convertible at
Tool
1998.
amortization
Administrative and
Sales
American Paper Goods
Co., Kensington, Conn.—Rights
™
expense
®
not
of
23.
shs'
1946
ll'sis
'
'
o«ri°«nfrieti thufc S11 whole and/°r
auction
to
the
higties't' Wdder/'at^fp
£'r'7uS',Z,C°mPany ,a
■
fractional
m
Kem,net°"' Conn- •»*
warrants
not
sub-
Ocf/'ml T,!*
84?
'«
certificates for full shares
subscribed and naid fnr nrlii ho
mailed by The
Corporation Trust Co..
warrant agent
Jpr«t#>v rtt-w
ivr
t
The proceeds will be
used to provide
additional working caniiainrid
to provide for further
expansion.
wortcing capital and
sLa"caster,
factory in Chicago,
previously occupied
President, announced that the comnnnu'e
111., is now in operation and that thp
was
sold
for
cash
-
now
he Pr°Perty
'
'
I
American Telephone
&
as
Telegraph
follows:
new
Co.—Shares
544,916
544,916
$6.49
$8.59
1
In
will
of
taxes to
be
certain
oils
$873,500
in
$7.38.
inventories
of
and
1944
$982,00®
are
BALANCE SHEET JtJNBf 30,
1946
$7,889,571; accrued expenses, $360,on
income—estimated (less $1,544,00®
replaced), $8,651,589; reserve for anticipated replacement of inventories (alter income taxes recoverable upon
replacement of $3,900,000), $3,720,000; reserve for general contingen¬
cies, $113,007",
common
stock—no par value (outstanding 1,634,748
Federal
and
for
state
taxes
inventories
$9,606,990; capital
total, $63,243,229.
surplus,
$1,269,706;
earned
surplus,
have declared a
special dividend of 20 cents per 'hare
?
Argyle Land Co., Inc., Silver Springs, Md<—Files With
SEC—
•
require
reservation
of";
The
for
company
on
ceeds
a
share in the ratio
will' be used
(vAirnntircA
a letter of notification with the SEC
be offered for subscription to stockholders at
Sept. 23 filed
250 shares of stock to
$100
to
Tborn
of one share for each two shares held.
provide
fl VA
DA
continued
funds for
1IDrif»rWFifcft 1'R-
••
•
.
the common stock, payable Oct. 1 to holders of record Sept.- 21
Quarterly distributions of like amount were made on March 1, June I
and Aug. 31, this year^—V. 163, p. 2718.
/
.
$31,-
,
on
-
issue
544,916
$4.03
post-war credit
tReduetion
recoverable
Out-
•
were Issued and outstanding /
were reserved for issuance upon conversion of the
convertible debenture bonds due
Sept., 1, 1956. The pro-
debentures
1,634,748
1,089,832^
Special Dividend—
15, 1946, 20,389,018 shares
convertible
2,934,485
stock
deducting
The directors
.
15-year 3%
3,592,868
*
632,117;
633>G20 shares
Posed
2,176,471
-
249;
.
U—
an issu^ ?f nofc exceedin& $351,000,000 convertible debentures and a
Proposed increased of the authorized capital stock of $100 par value
°T 25vC0?'000 6hares to 35,000,000 shares, on Sept. 7 announced in
''As of Aug
5,350,842
paid, or refund in taxes* trt tho
»
Standi"g at Au«- 15 Total 20,389,018thfieSefln
part
4,682,700
1,089,832
4,024,317
1,362,290
>
LIABILITIES—Accounts payable,
12 901
—
*
•
' 3,538,761
1,253,307
7---
that
shares)
=—
1,817,62*
*8,838,000
t2,750,000
—
6,604,149
dividends
CONSOLIDATED
o'noo
-
-
ASSETS—Cash, $9,887,206", U. S. Govt, securities (at cost), $6,624,079; trade notes
drafts, and acceptances, $1,106,708; trade accounts
(less reserve of $155,355), $6,500,894;
grain accounts, deposits, etc. i
(secured), $1,250,697; subsidies and other current accounts, $1,067,172;
inventories
$23,847,556; securities of other companies (at cost, less reserve of $53,361), $892,523; sundry accounts receivable,
trade mem-berships, etc., $437,241; cash surrender value of life insurance, $335,105; advances and accounts receivable from employees, $36,737; prop-1
erty plant and equipment (after reserves for depreciation of $8,214,202)
$10,869,915; good will, patents, trademarks, etc., $1; deferred
charge?, $388,396", total, $63,243,229,
$169 182
expensel-""" V"
1,442,168
1,679,362
6,304,000 *11,061,500
1,614,597
replacing certain/ manufactured and; purchased oils.:
$jf^°2
«
'
4,186,926
replaced as provided in cost
of
products sold.
iCost
of products
sold includes a provision of
$3,500,000 for current cost (in excess of normal inventory value) of
at the rate
~
.
v_
profits taxes
common
1943.
event
stock, were
August 14,
1946 to july 14
f
'
'
^1,929,939
profit
•After
in
oper-
464,790 sns.
expense
25?'^
underwritten
11,284,929 ^.17,423,563
-outstanding (no par)"
Earnings per share—..
.
-1:
offering is
:
;
-
Shares
fur.ds
attain
464 790
any time
—IZ-III
accounting
i
X
11,610,894
" 319,043
12,405,673
-
*
•Surplus
nre-
stock.
feb.
480,324
10,972,460 .17^232,623
312,469
190,940
,12,101,889
Red. in taxes to be paid
.Net
«R 884 shs
'
Net sales
Cost of sales_.„__
Profit
Common
475,158
629,165
income
taxes
-
12,521,480 *'
^ 430,282
18,336,947
"
^
303,785
i
j Balance
Other
Fed. excess
Outstanding
20 000 shs
.
staI-em^n^
—
charge
.
2,968,749
materials
which
10 Authorized
par)!™T*
~
into 27,790 shares
,
The
Operating profit
Interest'.—
.
13,994,541
12,686,189
J
gen. & admin, exp. '
Miscellaneous
"
>
.
18,835,755
6,149,566
revenut-i-
Total
Sell.,
7$
16,674,476
15,574,194
20,758,807
2,161,279 71.855,439 7 2,714,183 :
ii
Cither oper*
Normal, State & Canad.
timer }
-74
'••• •'■ $ •
181,996,336 172,719,965 190,041,013 149,848,450 *
etc....w-165,321,860 167,145,771 169,282,205ti35,«53,909
sales
Cost
PRESENT FIN4NPING
pfd. stock ($5 par)
Oc
T-
Archer-Daniels-Midland Co. (& Subs.)—Earnings—
Years End. June 30—
1946
1945
1944
7 j 1943
stamping operations.'
EFFECT TO
conv.
earnings
163,
of
-20,000 shares of preferred stock,
f
application to list
stock of this company it was
registration becoming effective
days.—V.
devices
well as a
as
?f one share of preferred stock for 2% shares of common
foPft 1 ?f nJ1!™ ff-116 ^bares had been converted as of
an
in about 30
this
...
u
.
Co—Listing—
has approved
commence
.
proceeds
,
cumul.
Common stock
k", ! ■'
.
^
have '
newly leased space, for the acquisition of
machinery and
instead of the sub-contracting of its
line, and for the attainment by the
corporation of a
.
6%
=a"L P.r0P°T6efi t0~?V.e,SGt^04'000w
j
the
the
CAPITALIZATION-GIVING
ln aerial notes of the whltner
Insurance Co., Inc., and $35,000
in bonds of the Oberdorfer
Insurance
Agency, Inc. The balance will be used for
There
underwriters.
" working capital
wonting capital, xnere are
are
...
the
of
additional
substantially self-contained position
no
American Metal Products
of
photography
t
0?^t-
-
men
t(?0lJn&' f<?r tbe manufacturing
Files
"
-
Some
to
at
than
immediately
164, p. 1078.
Anheuser-Busch, Inc.—New President—
Place,'
the management proposes, as soon
as existing shortages can be
overcome, to acquire, as early as practicable, additional inventory at an estimated cost of $50 000.
The
balance
1
Ji?mv?any
20 fiIerd a letter 0f notification with the SEC
for 1,000 shares of $100
par preferred; 4,000 shares of $10
par common.,
Offering price, $100 a preferred share and $10 a
common share.
The
#
new
carry a larger than normal inventory
principal need of the corporation for the
the
-
August A. •©u8ch7«y*r.> Ms been'"elected President to *ucceed bis lato
brother, Adolphus Busch III.
77f
77
/
777i»7' *
August A. Busch, Jr., had been First Vice President and
General
Manager since February, 1934.—V. " 162, p. 3066. "* " '
;
- ^
\
over.the
and
lamps,
extreme
t
.
in
Anglo-American Corp. of So. Africa, Ltd.—Subscribes
Rhodesian Ordinary Stock—
Delaware
continuity of expanded production,
ations in
1
Insurance
necessary
present
v-;
amend-
an
increase
for
See
^
the
7,
:.
meeting also ratified
incorporation authorizing an
directors from the current four to not
eleven members.
Election
of three
additional members
after the amendment becomes effective was
approved.—V.
•
t
of
Inc., *
Anger-
and Ogden.-Utah.
the
the
at
a
common
Lake City
7
manner are coin operated timers
timers for use in connection with
to be realized from this financing
163, pp. 894 and 1149.
American
is
sents
'
«
stock
on.
PURPOSE—Because
non-
non-redeemable preferred
of record Dec. 2.
-
and
on
60%' of
which operates
v
$
organized
timing devices.
sun
-
for
not
,
Springfield,
printing, battery chargers, and
curernt goes
j r?
6%
of
for
ratio
smelting
City,
11 n%
designed for use on X-Ray equipment which will supply the current
t0 th® "laments; of the tubes for a time interval before the main
share
1932.
the
on
cumulative
in
h®611 developed in this
for use in radios and in hair-dryers,
neaemption—
24 declared
leased
corporation's standard types
"Rpriomntion
Sept.
been
the
subscription
Holders Vote to Acquire
Hughes Stock—
modifications of the
'
;
have
v
Proceeds will
The stockholders
share
been added in .the engineering, production and
accounting departments
The- corporation has
already developed many timing devices ; for'
incorporation into the products of various manufacturers.
These devices, although specially designed by the
corporation for sale direotly
to the manufacturer, generally involve only small
per i;
outstanding, payable Nov. 1 to holders
payment
space
of
.Co.—Registers With
will
r
,
directors
week
registration statement with the SEC
a
stock
stockholders of
share
for the week
increase of 12.27%
an
corresponding
,
The
of
corresponding
'•v:-77;7" 7'777:\7;-;7--;::
common
common
expansion
at
to
Corpojatlnn Co., is Ixehange
corporation
kwh.
'
Period End. Aug.. 31—
'.;k
was
89,303,000
Sept. 6 filed
chares
the
Increase
an
the
for
go to working capital, which may be used
operations, including purchase of facilities
Monsanto, 111., and expansion of mining
iri Tennessee and
Colorado.—V, 164, p. 1198.
for
•
amount
a
•
Upon organization
19
1417.'
underwritten.
property i
approved a proposal of the board ofand business, of American Time
Corp.
(Mass.),, consisting-i of the '
directors to split the company's stock on the
basis of two,additional
design, engineering,.manufacture and sale of
shares for each share
electrically driven timing '
held, and the authorized capital stock was* :■"..devices.
The, Massachusetts corporation had been
increased from 1,500,000
engaged since 4ts
shares, par $1, to 5,000,000 shares, par .$1,
organization in April, 1943, in the development of a line
'
As Presently planned, the
of such *
additional shares will be mailed on Nov..
1,
devices in preparation for putting these articles on the market^
1946 to stockholders of record Oct.
14, 1946. After the proposed stock
The.original financing ot the corporation in March
1946 'the sale'
distribution has been
effected, the corporation will have 3,858,585
of 20,000 shares of-6% cumulative preferred stock and 40
shares issued and
000 shares
outstanding.••
.
a.
»
of common in units of $5 per
unit), was for the purpose of cstab-t
-i'This action by the stockholders follows the
recent stock offering toi
lishing its own manufacturing program which had
the holders
of the
previously beenv,
company's capital stock, whereby
approximately.
done "on a subcontract basis. Machinery, tools and facilities have been
$10,000,000 was added to working capital.
;
'
'
acquired which permit the
corporation to do its own
assembly work,
Declares Dividend of 30 Cents in Cash— '
*
*
Ui
^1
tools and make metgl stampings. 15,000 square feet of
r"
"1 Gd&n
^
stockholders
164,
p.
for
company
kwh.,
expire on Nov. 21. Unsubscribed shares will be offered
subscription to officers and directors of the
company.
Issue is
* ''
Staiee
.
HISTORY & BUSINESS—Corporation
Z\)0% Stock DlV,—
79,54^,000
•Angerman Co., Inc.—August
1946—8 Mos.—1945
«?harp
ner
^r,n„/r agent^Ated
niTr
totaled
of
'
Jer«y City, N. J.
-
this
.
within
i$
«Wv?
kwh.
79,391,000
1946,
additional
one
offer
Corp^—Stock / Offered—Gearhart &
Sept. 12 offered 60,000 shares common stock"
on
15,
336,550
of
16,564,228 189,918,507 147,594,895
V
-
of
Sales
Commission
3
l078«
P-
output
output
subscription to
Aususi sales increased Dl.U /o—
$
the
The company on
for
deposit with an
outstanding preferred
deposit of a lesser
1946—Month—1945
--—
104>
The
on
17.;
mad. m Pee. 28, 2943.-V. 183,
v'
_
"
r .;
.
A dividend of 30 cents per share has been
Oct.
$50 per
*"\
,
first
-'-v'-:,.;v
Co.—Resumes Dividend—
;
American Time
American Crystal Sugar
payable
to
the
on
-•
\
stock,
share
per
of
89.845,000
American Zinc, Lead &
Smelting
SEC— *-•
Co.,
upon
American Stores Co.—August Sale* Inrreaspd
„
..Period End. Aug. 31—
-
in
company
Sept.
the
1945.—V.
>
holders.
..The
properties
totaled
Power output of the electric
properties of
over
compromise and settlement of various
IThe stockholders' committee consists of Mr. Lansinger, 252 So. 23rd
St., Philadelphia, Pa; 8, H. MacDowell, Crozier Building, Chester, Pa.,>
and Arthur C. Brown, Selinsgrove, Pa.]
electric
1946
1945.
of
ended
com-
has around 2,000 stockholders, and while the main
claims as between American Power & Light Co., its
subsidiaries and
office is in Philadelphia, the main plant is in St. Louis, Mo., while
%; Electric Bond & Share Co. and its wholly-owned subsidiaries.
In
the Continental Packing Co., of Macon, Ga.,
is a subsidiary. It is
•
connection therewith, Electric Bond Si Share Co-, will surrender
12,500'
claimed Mr. Schumaker and associates have been secretly interested
shares pf American Power & Light Co.'s $5 preferred stock to
that
In Reading Baking & Pretzel Co. since around 1929, also the Bachman
company for cancellation and pay $787,167 in cash. This
cash will be
Co., with the McGonigles, which they have built up
to profitable
contributed by American Power & Light Co. to certain of its
sub-'
concerns, to the detriment of American Cone & Pretzel Co.
stock^sidiaries.—V. 164, p. 1198.
,
21.
.
subsld;ary"
application of the
company, by the payment'of cash in the
or the respective preferred stock claims,
namely, $150 and $137
Plus the "cash adjustment".
'
v
;;
The pl$n also provides for the
value of the
over
week
;;;
the
of
Sept.
upon
the
all
company,
output
ended
13.17%
Light Co., "Kansas Gas &
(having Superior Water,
Co.
percentage of stock.
Preferred stock not offered for exchange
six months pr such further period as the
Sept. 20 in the same
holder of 431 shares of
Mr.
misstated
week
established
Power .Co. as a
subsidiary), The Montana Power Co;
Utilities Co. (having as subsidiaries
Texas Power & Light
Electric Service Co. and Dallas
Power
&
stocks
suit
former
a
&
exchange agent of
the result of investigations for the past two year3 of:protective committee, O. B. Lansinger, Chairman, 252
St.; Philadelphia 3, Pa.
'
above
court
basis
of
claim would be paid in cash.
The exchange offer would become
is
suit
the
Each exchange unit would consist of common
stocks of the five
companies, valued at the prices per share received
by American Power
& Light Co. on the sales at competitive
bidding, plus a 5% allowance
*orulj'"e distribution spread between the price to the company and a
public offering price. Any slight difference between
the value of the
securities in the exchange unit and the amount of the
preferred stock
•
23rd
On
their claims, v
stockholders
a
South
outstanding.
Light Co.).
The
remaining 85% of the stocks of these
subsidiaries would be divided
ratably into exchange units to be offered to
American Power & Light
Co.s preferred stockholders in satisfaction of
Reading Baking & Pretzel Co., and Arthur
and Ray McGonigle, officials of Bachman Bakeries of
Reading, Pa.,
f
Mismanagement is charged and an accounting is asked since 1922,
the cancellation of common stock controlled by officials and a sub- j
stantial amount of first preferred stock.
Also in dispute is $56 unpaid,
dividends on the first preferred stock, which officials tried to cancel
In 1944,
stock
&
J. SchuHelen C.t
officials of this company: L.
Turner,- V. P. Christian New and
President;
$5
utility companies, namely, Florida
Electric Co., Minnesota Power &
*
O. B. Lansinger, of Philadelphia, Pa., Chairman of the stockholders'.
protective committee, on Sept. 21 announced as follows:
A
stockholders'
derivative suit
in
equity v/as filed
in the U. S.
District Court at Philadelphia, Pa., on Sept. 3 in the name of A. L.
Hall, by attorneys M. Walton Sporkin Jr. and Morton P. Rome, asking
for
the
Court, the American Power
bidding 15% of the common
petifcive
OitlCialS—
of
plan, the value
District
Of
uuswi
shares
the preferred stock rights
totals.^253,084,000.
The plan provides that upon approval by the Securities and Exchange
Commission and entry of an enforcement
order by a United States
n
Philadelphia,
Committee
wnunuiee
Power
978,444
preferred stock, issuable in series.—V. 164, p. 949.
w
Inc.—Output—
^
shares
Pro¬
construction of a
•
.v.
v'>/.'
;
v
:/'V W'K" : J'
;■
"
?*■ > V
V.^'
'?"V.
'i
'
^5/
yolume 164
Gas Co.—-Stock
Arkansas Western
•
2,900 shares of
20
Sold—Offering of
stock (par $5)
common
an underwriting group headed
& Sons Inc. The stock was priced at
offering
the
represents
unsubscribed
portion
One
divide
tho exercise of subscription warrants,? at the®
rate of %s of a share for, each share held at the close
Sept. 5,
The warrants expired at
1946.
11 a.m., CST, on Sept. 18.
5 Sells Bonds Privately—-The company has sold to instil
$1,500,000 1st mtge. sink*
irig fund bonds 3% series due 1966.
•
•'
■
no
par
present
■ i
.
to
submit
The
nital
capital, thrnnrrh
through
stock, $100 par,
new
will
and
2,000
All
BUSINESS—Company was
the
on
plan
a
basis
to
sub¬
five
of
new
osireH
shares.
shares
The
erxnrev*
7%
of
cumulative
non
shares
have
been
834,525
remain
incorporated
in
sold
"v
all
of
Auburn
Auburn,
its
Alp.:,
Ale.,
liquidation;
the Clarksville, White Oak
be
properties,
to. the
the
to
all
consisting
Pitv
nf
City
*
of. Auburn's
distributed
to
of
Aishnm.
Auburn
of
a
fnr
for
water
estimated
at
holder
of
its
all
of
system
mm
approximately
assets,
Alabama,
works
anm^nvimatnin
well
the
certain productive
on
therein,
acreage
'
Clarksville,
Ark.
also
is
Company
ances incident to
in
engaged
the
of
sale
$449,000, will
outstanding capital
about
-"Y
acts
will
be used for the .following purposes:
.<«•
.
>
Retire
<
accrued int.)
-
$898,800
«
v J
211,050
—;>—
deposited with the trustee under the. indenture
securing the first mortgage bonds of the company____
(c) To be
'
)
of
payable
cents each
10
cents per share
Sept.
30
made
were
In /each -quarter -during
of
record
March
on
Sept.
and
30
July
14.
:
.
600,000
681,891
<d) To be added to the general funds of the company
and
lumbering
-
Authorized
First mtge. skg. fund bonds, 3%
due 1966
Common
stock
subject,
300,000 slis.
(par $5)
indenture
♦The
permits
however,
$1,500,000
*
the
issuance
restrictive
certain
to
of
bonds
f
218,000.95 shs.
limitation,
specified in the
without
provisions
indenture.
in
■; UNDERWRITERS—The
centage
unsubscribed
of
of the underwriters and the per¬
common stock to be purchased by each are
names
%
-■
E. H. Rollins & Sons Inc—
Rauscher, Pierce & Co. Inc.—
A. C. Allyn
and Co., Inc
Diltmar &
May 31,1946
r
$444,149
$764,301
charges—
278,123
513,174
oper.
Sept.
13
plant
*
announced, the
facilities
at
purchase by
Windham, a suburb
factor
a
the
in
choice
the
of
additional
i 1943
$595,472
411,197
1 $503,663
365,314
$166,025
$251,126
3,345
$184,274
$138,348
473
525
353
$166,499
$254,472
$184,800
$138,701
11,277
13,273
7,410
7,730
Total util oper.
opment
and
inc—
devel-
expenses
location.
new
Because
hopper
V.
profit
income
Gross
■s
-
14,910
•
$130,971
$255,965
$192,300
18,762
41,537
44,286
$146,148
46,396
$214,428
$148,014
The
the
at
Offering Postponed—
stockholders that the proposed offering
of additional shares of common stock has been postponed until a later
date.
had
planned to offer 148,633 shares of uo par common to
holders of record Sept. 11, 1946, on the basis of one share of common
for each two shares held at $10 a share.
'
A. S. Mitchell, President,
in a letter to stockholders, says:
"In
It
been
.
,
the possibility
that
these expec¬
not be fulfilled is such that the directors think it advis¬
able to postpone the offering.
.
.
"Consequently, the directors are not expediting the effective date of
the registration statement.. As a result, Sept. 11, 1946, will not be the
record date for determining the stockholders entitled to warrants and
warrants will not be mailed to stockholders on that date.
"At present, the directors have no tentative date in
intention of the directors to fix the record date at
V. 164, p. 1078.
'
Van
W.
a
later
It is the
time."—
a.
has
Antwerp
elected
been
President, etc.—
President,
succeeding
E.
M.
fdorris, who has been elected Chairman of the board,
i; Mr. Van Antwerp leaves the Presidency of the First Bank & Trust
Co. and the Chairmanship of the board of the First Discount Corp.—
V. 164, p. 950.
:
:
.
.
•*
See Highway
Co.
Car
and
the
Pullman
pleted in the second quarter.
This makcti a total of 6,400 ears
'
.
Standard
Car
&
Manu¬
cars.
hoppers
are
and
which
cars
2,400
the
B.
box
&
O.
order for the B. & O.; 4,000 of
It was the largest' total of
on
order at any one time
ll".^,
•
.
has
during tho last 15 years.—V. 164, p.
-
had
Corp.—Arranges
Plywood
Bank Loan to
at
taken
not
are
thereof
and
up
the
said
to
—
■
.■
States
Foreign
of
above
of
in
by
A
offered
in
States
United
provided he does so
Control Board regulations
Exchange
securities
being
are
America.
Canada
non-residents
of
Canada.—V.
-
A
4V2%
25-year
first
A
contract
betwaen
this
Oil
Co.
—V.
directors
par
in
addition,
31,
Dec.
on
5
.
...
declared
He further stated that the
it had been
are
to
the
SEC.
mailed
be
•
of
this
capital
i
-
iu' a
com¬
stock
'
-
.
to
could not
registered
be
in
-
k
shareholders
on
or
about
Oct.
7.
V
Pa.—Earnings-*-
:
_
^
1946—Month—1945
1946—7 Mos.—1945 "~
$10,077,656
$9,449,741 $74,115,485 $66,162,532
rev.
-13,837
7,758
81,530
48,810
revenues
oper.
>
revenues—
$9,441,983 $74,033,955
6,462,785
55,311,592
$10,663,819
8,487,736
885,222
operating income
Net income
1,768,718
$1,290,861
841,431
7,620,964
$1,210,480 $11,101,399
779,064
7,979,236
$66,113,122
42,811,076
14,422,758
$8,879,888
5,851,599
164, p. 1078.
•/'
Bendix Helicopter, Inc., Ne^r York—Files
better
of
was
as
1945 made
per
Bcrbiglia, Inc., Kansas City,
Mo.-i-Files
With SEC—
,
Sept. 12 filed a letter of notification with the 8EO
for 41,000
shares of 5%
cumulative convertible $6 par preferred.
Offering price, $6 a share. Underwriter Estes, Snyder & Co., Topeka,
The company on
Proceeds
Kans.
will
be
used
to open five
and
expenses
to
pay
outstanding
indebtedness
and
additional stores in Kansas City,,Mo.
Bishop Oil Co.—Declares Usual Extra Dividend—
over-ail inventory was in a better position
years and that generally speaking the
quality than it had been during the war,
directors on. Sept. 4
The
declared the usual extra dividend of 2%
per share and the regular quarterly dividend of like amount,
payable Sept. 16 to stockholders of record Sept. 10. Similar dis¬
tributions were made in previous quarters.—V. 164, p. 1326,
cents
both
Oil & Gas Co., Dallas, Tex.—New. Fi*
Black-Clawson Co., Hamilton,
/
Union Gas Co. below.
of
Sept. 18 filed a letter of notification with the SEC
of common stock (par 50c). Stock will be offered-at
share (estimated market).
Bond & Goodwin Inc. will act
broker, proceeds will go tn selling stockholders.—V. 163, p, 1022.
$1.20
usual
the
With SEC—
The company on
for 20,000 shares
163,>p. 2000.
dividend
Canada,
of
& Telegraph Co., which
pertaining new shares were not
taxes
—V,
*1'*
.*
50
cents
per
share
has
been
declared
on
Ohio—Files With SEC.
letter of notification with the SEC
Stock will be offered to employees
tat $12.50 a share.
No special provision made for use of the net
proceeds.
Issue is not underwritten. " ' '
Y,
"
; /
The
»
Bath Iron Works Corp.—-Dividend Decreased^
A
,
shares
Telephone
expenses
for several
Barker Dome
Buy
'
Ottawa,
application
163, p. 2000.
Operating
the dividend; announcements.
—V.
share;
a
the
176,000
to
with
Operating
an extra distribu¬
•*
T quarterly dividend of 56
cents per share on the 4V2% preferred stock, par $50, payable Oct. 1
to holders of record Sept. 23.
V
■
;•/«.. ■.«;
u 'T.
IDeliVexed'sales I0r the year to date are 36% ahead of the first
eight months of a year ago and September sales increases probably
will be in excess of tha figure, Neil Petree, President, said in making
merchandise
approved
on
tion of like amount.
The directors also
than
States
Operating
of two shares of the $10 sj;ock in exchange for "each old
share, the company paid dividends of 25 cents per share each
and,
17
additional
business
of
the
because
Uncollestible
Barber's
year
quarter,
^
per
Operating
Sept. 12 declared an extra dividend of 50 cents
per share and the usual quarterly dividend of 25 cents per share on
the common stock, par $10, both payable Sept. 30 to holders of rec¬
ord Sept. 23. The company on June 29, last, paid a quarterly divi¬
dend of 25 cents, a special of 12y2 cents and an extra of 50 cents on
the common stock presently outstanding. Prior to the issuance earlier
the
an
offering
close
by American
Net
in
Sept.
sell
Bell Telephone Co; bf
Barker Bros. Corp.—Declares Extra Dividend-—•'
no
on
Period End. July 31—
company
California, dated July 31, 1946, for the sale of
refinery and terminal at Perch Amboy,
N. J., and for an option with respect to the balance of its interest.
Only stockholders of record at the close of business on Sept. 6 will
be entitled to vote at the meeting.—'% 164, p. fi7$.; ■
:
y
The
V'.
of
in
55% ^interest
a
Transport Commissioners In
and
is
Warrants
and
and The Shell Petroleum Co.
Ltd., dated July 11, 1946, for the sale of Barber's Venezuelan royalty
interests,
and
to take
action
on
a
contract between Barber and
Standard
1946—8 Mcs.—1945
$2,279,568 $23,862,635 $17,754,430
^
of
the
the United
special meeting of the stockholders Will bb held on. Oct. 4 to vote
a
1946—Month—1945
$3,185,323
exclusive of salts under GbveTnment contracts^—
are
New
-owned
.
Preliminaries to large-scale additions to its timberland reserves
and to plant acquisitions in kindred packing fields have been com-
Sept, 5 filed a
(no par) common.
company on
capital
the
-
pleted by this corporation through conclusion of a $2,500,000 term
loan, maturing in 1956, .with the First National. Bank of Boston,
it was announced on Sept. 19 by Elmore I. McPhie, President.
Bearing interest at 2V2%, the loan, which is unsecured, is re¬
equal semi-annual installments. The indenture also pro¬
vides for
prepayment, in whole or in part, at any time without
premium, unless from funds borrowed or raised through the issuance
of securities.
In the latter event, a premium of V2% is levied on
the unpaid principal.
.//.•
The
proceeds are expected to be utilized by Atlas to purchase
some
15,000 acres of standing timber along the Roanoke River in
JJorth Carolina, in the neighborhood of its Goldsboro and Plymouth
plants
and, in part, for projected expansion into allied lines.
Tlu
balance will be added to working capital—V. 163, p. 1718.
payable
in
;
:
stock, payable Oct. 1 to holders of record Sept. 20.
.
n
vn
titno
v\*i
i/I
oaoVi
vf
rtno
XT
1 CO
•«-»
Previously, $1 per
•"'■it
n„n
1^90
V.,-r1:
'
The
split is made effective for distribution
basis
of
one
additional
share
to
the
Oct.
on
holder
of
stock
from
524,080 shares to 2,000,000 shares.
and will be
3
each
outstanding shares of record. Sept# 18.
»
1
The plan calls for an increase in the authorized
After
,
'
Sept.
on
the
of
«'■'*
339,-
>'
tional
management
authorized
has
stock
plained.—^v; 164, p. 4.
no
present
except that
intention
of
*
required for the
declared on the new
any
of New York
Airplane and
addi¬
split, it was 'ex¬
Director—
Senior Vice-President of The National
has been elected to the board of directors of
City Bank
the Boeing
Boeing Aircraft
DA
Forward,
:
„
•
share has been
Boeing Airplane Co.—New
no par common
the two for one
issuing
per
21.
1
Split up there will be 786,120 shares outstanding.
The
dividend "of 25" cants
value common stock, payable Sept. 30 to holders of record
This is
equivalent to 50 cents per share on the Old
common stock of $5 par value, which received payments of 25 cents
each on March 30 and June 29, 1946.—V. 164, p. 1078.
.
060
A
„
$2.50 par
The stocMiolders at a special meeting held on Sept. 18 approved
proposal to split the common stock on a two-for-one basis.
the
Stock to Receive Div. of
25 Cents—
Bayuk Cigars, Inc.—Stock Split Approved—•
a
Bliss W Laughlin, Inc.—New
•
share was paid each quarter.—V. 163, p. 2432.
*
*
a
companies—V. 164, p. 1327.
(Continued on page 1589)
;
and Financial Chronicle (Reg. U. S. Patent Office) William B. Dana Company, Publishers, 25 Park Place, New York 8, N. Y.. REotor 2-9570. Herbert O. ^ibert. Ed^r ^
William Dana Seibert, President; William D. Riggs, Business Manager.
Published twice a week [every Thursday (general news and advertising issue) with a
Issue onl Monday'] other
offices: 135 S. La Salle St., Chicago 3 111
(Telephone: state 0613): 1 Drapere' Gardens, London, E. C, England, c/o Edwards & Smith copyright 1946 by ^wmitmB Da*_®mipah
as second-class matter Februanr 25, 1942, at the post office at New York, N. Y„ under the Act of March 3, 1879.
Subscriptions In United Statis and
$26.00 per year, in Dommlon_of
Canada, $27.50 per year; South and Central America, Spain, Mexico and Cuba, $29.50 per year; Great Britain, Continental Europe
(except Spain), Asia, Australia ana Ainca,
per year.
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
*
.
as
consideration
option
referred
,
for 10,000 shares
Atlas
of
sharSV
share in "Canadian funds, until the expiration date, Oct 28.
York Curb Exchange is quoting this' issue "ex rights"
the subscription rights will not
be dealt in on9 the exchange,
>
'
The company does
not intend to register this offering with the
Securities and Exchange Commission in the United States and there¬
fore cannot accept subscriptions from residents of that country. 'How¬
ever,
warrants will be issued to these shareholders and they may
sell
their
righU in Canada and 'obtain the proceeds under the
Canadian Forcigft Exchange Control Board regulations.
Public offering was announced on Sept. 24 by A. E. Ames & Co.,
Toronto, Canada, and associates of a block of rights to subscribe for
common
stock at 6Vs. The block offered represents rights -on stock
Corp.*—Proposed Sale of Venezuelan
Oil Interests and Interest in Perth Amboy Refinery
See Southern
i
the
outstanding
,
issue
exercised
Barber Asphalt
nancing—
Trailer Co. below.—V. 164, p. 822.
Timberlands—
instead
sharevsuch
a
whole
a
Sept. 20 with, the announcement that
on
which
Atlas Corp.—Acquires Stock Interest in Truck-Trailer
Unit— ^"Y:
$2
in
an
warrants
price not less than $145
-^jtilal shortage of this1!^?;; The
.
%
Associates Investment Co.—New
F.
mind.
then
of
Which
holders of its $100 par, capital stock, of
Sept. 25, 1946, in Montreal, the right
to subscribe to one additional share of stock ^for each fiye shares held
cars,have beerVplaced on the basis of securing
number bf-'cars in the shortest possible time.
The
build 1,000 of the cars, 50^ton capacity, and
Steel
Pressed
the
a
..
the contemplated .issuance of warrants to stockholders, the
directors expected that the rights represented by the warrants would
toe valuable and could be sold by any stockholder who did not wish
tations may
of
and
1078.
Company
facturing Co. will each build 500 cf 70-ton capacity.
It is expected
that deliveries will begin in the first quarter of 1947 and be com¬
planning
to exercise the right to subscribe.
"Under current market conditions,
his
sale
published
to
record
coal,
greatest
on
Artloom Corp.—Common Stock
two,
subscribe for
.
issued.
to
f/;Y
sell
with
Board
decision
orders for the 2,000 new
950.
The corporation has notified
the
p,
at $145
a#
$99,752
>'
$145,644
of
fraction
a
be
not
$2' each
Bell Telephone Co. of Canada—To Sell Stock—
*
15,176
$164,407
income
p.
$177,389
9,185
Total income deducts—
—V. 164,
$241,198
14,766
$155,222
Net utility oper.
.
will
purchase at the price
part, or parts of 122,303 shares, the
at any time or times within 90 ddys
exercised
iZ
164,
this
>:
,,
type
freight
Total other
value
par
this
company
in. the United
of
not
may
These figures
,•
just placed orders for the construction of 2,000
cars,
according to an announcement by Roy B.
White.; President*
income-
Exploration
for
piesently outstanding
(A. S.) Beck Shoe Corp.—Aug. Sales Increased 39.7%
has
company
1
Other utility oper. "inc._
,
multiple
a
weSlv outstanding
/
.
value of
par
right to
offering
Period End. Aug. 31—
Bethlehem Steel Co, will
Net gas oper.
the
Sales
Baltimore & Ohio RR.—Places Additional Orders—
lv
^1944- fc-'
1945.
revenues—
oper.
Inc.—Expansion-—
on
additional
the
5
.....
bUt
of
pany
5 Mos..End..-—-Years Ended Dec. 31
Total
was
The
STATEMENT OF INCOME
Total
cf
only Baker plant east of the Mississippi, a substantial portion
of its production
will be devoted to supplying the eastern sections
of the United States and the export trade.—V. 162, p. 2266.
is
5
Co
First Southwest Co.
30
27!/2
V
shares
mortgage bonds due
Jan. 1, 1963, were recently called for redemption as of Sept.: 3, 1946,
at 103 and interest.
Payment is being made at The Royal Bank of
C&nada in Montreal/or Toronto, Canada.—V.
163, p. 2719,
%
32 V2
of
be
conformity
,,
follows:
as
>
not"
subscribe
the
,
Portland, Me.
• "•
''
■.■ '
The ^company; which has its main office in Omaha, also operates
plants at .Seattle and LOs Angeles.
-The ?new;4 factory, -ibhich provides 60,000 sbuafe f^et of' spacer has;
been used for- war production.
As soon as new equipment can be
installed,; Baker will begin producing; compressors; and auxiliary equip'ment for refrigerating and air conditioning.
Availability of, skilled
labor
j
the
confusion
the
i
.
of
-
Con¬
between the
Beauharnois Light, Heat & Power Co.—Calls Bonds—
President,
Rathbun,
of
1946.
respecting the
159» P- 1395.
named.
corporation
is
to
given
this
26,
The4 shares
of
Baker/Ice Machine Co.,
Ross
fight
and
-
fractions
shares
entitled
each
eLh
..V
for
to
1946.
company/ to
of
Outstanding
series
—
Oct.
All
this
follows:
as
of
be
option vto
shareholder
Sept. 11 filed a letter, of notification with the SEC
$100 par preferred and no par "COmmOh." Offering
Proceeds will be used for purchase of trucks and
equipment and other general corporate
purposes.
No
underwriter
July 31, 1946, stockholders authorized the
Issuance of $1,500,000 first mortgage sinking fund bonds, 3% series
due 1966, and an increase in the authorized amount of the common
stock to 300,000 shares.
Giving effect to present financing the capi¬
is
is
under
Canada
unit.
a
$2
possible
right
will be received by either General Trust of Canada,
112 St. James St., Montreal, tJUebec, Canada, transfer
agent, or the
Toronto Share Transfer Co.,
Ltd., 302 Bay St., Toronto Ontario,
Canada, co-transfer agent.
'
•
i
"CAPITALIZATION—On
talization
number
shares
for
from-
The company on
for <550- units
of
of
26,
the
record "at
The
'/ Subscriptions
'
price $100
vame
Oct.
of
two
every
of
entitled.
en
name
avoid
share for
par
shareholders
are
Ventures Ltd., and The Nipisslng Mining Co. Ltd., have each agreed
purchase at $1.25 per share one half of such number of the said
said
1945.—V. 155, p. 258.
sec—
new
which
1946,
the
to
companies have been granted
Of $1.25 per share ajl or any
this year,
10,
Ltd.
subscribe
the
paid
Baidoe (W.) Ansah & Co., Inc., New York—-Files With
•
the
1,477,697
Distributions
one
to
7,
change
value
par
will
to
hds been declared 6ti thb1 c&pltat
holders
to
to
Mines
aar
given
i
Mfg. Co.—Dividend Rate Increased—
A- dividend >ot• 15
first
$840,000
the
the
shareholder
•
,
mortgage sinking fund bonds,
3JA% series due 1959, at 107 (excl. of accrued int.)__
(b) Retire a $210,000 3V2% serial promissory note due to
»
* Northern
Trust
Co., Chicago, at 100V»
(excl. of
(a)
as
stock,
approximate
of
being
Sept, 24 filed a registration statement with the SEC
shares' ($1 par) capital stock.
Leffler Corp., Jersey City*
selling agent.^V. 163, p. 1856. ..
Axeison
t "
*
of 93,43& shares of i
$891,741.
In addition, company will
realize approximately $1,500,000 from the sale of $1,500,000 first mort¬
gage sinking fund bonds, 3% series due 1966.
Such fiinds will initially
stock
-Common
proposed
Beattie
of
case
of
Oct.
.
a
500,000
basis
stock
on
expires at the close of business
Warrants to
In
Y:T.\
the
capital
par
business
also
shares
Irt
appli¬
gas
the distribution and sale of natural gas.'
'} PURPOSE^^TM^
is
shares
T*4; ii;,
The company on
for
Arkansas
$2
of
shareholder
as
approximately 43,000 acres of unproven gas leases situated in
River Valley, located for the most part to the west of
as
It
share on
per
of
solidated
in
Ann
$303,000.
and
close
subscribe
:Axe-Houghton Fund, Inc^—Registers With SEC—
leases
the
company, a subsidiary of Alabama Power Co., has filed with
SEC a proposal to liquidate and dissolve. The company recently
the
$1.25
at
'
■/,
-
Auburn Water Co.—Dissolution—
Arkansas
each
shares
;
.
?
shares, par $2, to 5,000,000
bX the creation of 2,000,000 shares of the par value
subject also to the due issue of Supplementary Lettfers
Patent granting such consolidation and increase
prior to Oct. 7, 1946,
and subject also to the approval of The
Foreign Exchange Control
Board, the company is offering 1,477,697 shares, $2 to the shareholders
p?r $2.-
of $2
preference
t
outstanding will become
105,575 new shares will
01 ine c,,mPany irom «,uuu,uuu snares par
TJ\
capital Of the company from 3,000,000
redeemed.
now
other
Ltd.—Plans Recapital>.
IT TTTrTTTT1*1
v
^
n
Jo oKT
of 2,250 shares of 7%
first preference
shares
(Quebec)
.
Subject to confirmnation by the shareholders of the by-law passed
on Aug. 23,
1946, providing for the consolidation of
"Hhout par ™lue<
+rv
Stock.
and
,
by the directors
the preference
common
common
he
cancellation
par.
present
also
Beattie Gold Mines
•v
held.
Washington Counties and in territory adjacent thereto.Company,^
owns
eight wells in the White Oak Gas Field and one well in the
Field
'
im
holders—
co^mo^share?0^!!^^11^^0^!.?^
Stockholders
unijSsticd.T-V." 162, p. 347.
T'*.
■
and
Gas
'};
alization and Change in Name—Rights Offered to Stock¬
shareholders
shares
common
share
Plans Five-for-
>
to
iind Ozark Gas Fields, and serving domestic, commercial and industrial :
Users directly-in certain towns in Benton, Franklin, Johnson, Logan
Ozark
""'4 ■
.
«
in northwestern Arkansas known as
areas
W-'
The
July 2, 1929.
Company is engaged primarily in the production, purfhftKP
distribution
chase, t.rn n Km is sin n.
transmission,
distribution and sale of natural Cas within
and sale of
natural gas within
Arkansas, producing or purchasing such gas at points in or adjacent
to
•
voted
SM&^,i£SS£ c°mmon
fteglstrar, City-
of Chicago,
Tr&nrffef agent, First National Bank
Hational Bank & Trust Co., Chicago.
AND
each
shares, $100
stitutions privately an issue of
HISTORY
166,885
lor
The
•
have
inSLing*^
yci,^u snares originally oirerea to common stocKnoiaers,
on
the
shares
of
'
Split-Up—
The directors
through
of business
Atlas Steels, Ltd., Toronto, Canada
w
made Sept.
was
by E. H. Rollins
$13.75 per share.
by
This
''
.V
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4529
r
'
•••'K
'
ftSJi ifdwuM
JAOHaMMOD aHT
suaTVO'JHfj .JATOMAVOT A
tfta^gcy^gAa^r; a«i«fty ^mtedai ^
"
:
«
or,»
•//.J'.".
1584
■-
+3 I
pwir' .vw*,».!»fcrj»
THE COMMERCIAL & FINANCIAL CHRONICLE
-
1946
»>«**!■*<%
■w
■'»■-
The
/».,.■* t»
.
•'
.:•
\\«' ••••vrx:
•
••
■
>:•«!.. ■ J,T-
:-sH"o. 'aV-?
,
V- r~/■?»■:.'<■![•'■■■"(''
■
'
.
'.:', i.
'
'v :' '
.
..■'
T'.-V'^X"'
'
Capital Flotations in the United StatesDuringthe Month of August
;
And for the Eight Months of the Calendar Year 1946
'.vy,,y—:
.-yx..' •>'.
•
;..•'•••
•„••) -v.',
the second month, the first being January, 1946,
This is
Corporate financing for the month of August footed
up $451,109,142, the smallest recorded for any month
since April and compares with $766,216,612 for July
and $445,511,916 for August 1945. This is the third suc¬
cessive month in which corporate emissions have de¬
for
new
money
operations.
exceeded those, for refunding
purposes
| | *\
k
Private placements for
comprising
began' aftejr the, pieak for the
reached in April, when corporate offerings to¬
19
Jf
.....
j
and
45.2%
was
we
Details of New Capital Flotations 1
August footed: up $204,142,343
issues
separate
I ^
\
f
Belpw
give complete details of the capital-flota¬
of any kind
brought out in that month.
i
tions during August including every issue
during the previous 32 months in which securities issued
clined below the preceding month. This sharp drop in¬
dicates an acceleration of the steady decrease in new
E^ring Augustv
•
of«the
securities offered, "jwhich
month's total.
year was
taled $870,875,019.: .The month of
marked
the; sharp declines in public utility and
was
in March,
the
of
Than Five
$1,750,000 Chesapeake & Ohio Ry. 1%% equipment trust certificates
due
1947-56.
Purpose, purchase of equipment.
Priced to
from 1% to 1.7C%, according to maturity. Offered
by Halsey,-Stuart & Co., Inc.; Putnam & Co.;'First of
Michigan Corp.; The First Cleveland Corp.; Mason, Moran
yield
Municipal financing for August aggregated $64,892,•.*'
total for the month $64,207,783 was for new money and
Commonwealth
the
towards .refunding
Below
S[ebt by that government.
Of the
financing for August aggre¬
.•v."
& Co.; Mullaney, Ross & Co.;
Patterson, Copeland & Kendall,
Co., Inc.
*7,900,660' Union RB.£%
/.*
ures
♦
•
-
Purpose, refunding.
at
1,500,000 Union
par.'
FIGUBES
BY
MONTHS
1945 AND 1944
•
,
'
r:
*$705,000 Brockton
-tl944-
'
v ""
$
January
Refunding
$
New
Total
$
Capital
$
$
$
$
„
112,954,001
278,899,772
162,182,000
38,773,350
311,351,311
435,629,948
295,766,014
191,107,290
363,837,701
62,615,780
307,414,675
44,070,931
28,925,290
68,071,687
322,970,703
264,262,410
45,455,742
137,683,000
98,346,215
103.534,713
176,456,350
160,961,995
148,990,455
684,631,086
991,105,313
141,067,908
736,847,786
877,915,694
146,844,872
339,563,928
486,408,800
387,662,791
671,103,991
677,262,434
184,500,006
due
36,115,868
225,707,162
companies.
692,915,315
656,045,237
526,446,349
80,437,425
108,100,665
189,591,294
385,565,301
555,122,202
367,086,226
79,085,300
76,399,341
870,875,019
100,923,035
159,360,123
1,352,125
36,398,283
85,002,408
May;
1,001,293,72^
1,262,929,011
148,913,492
382,694,367
531,607,859
1,738,141,514 2,140,844,705
295,758,364
722,258,295 1,018,016,659
199,771,028
307,350,014
.
June-^---U»----------
Gas
& Electric Corp. 2%% debentures, due 1956.
capital purpose. Price, 102%. Sold privately to
Purpose
Equitable Life Assurance
254,000 Eastern Gas &
289,599,643
——
.
,
121,400,691
*500,000 Derby
S'sp'S^USy.-V/.
;
Aprll
,
*2,450,000 Derby Gas & Electric Corp. 10-year 23A% debentures, due
1956.
Purpose, refunding.
Price, 101%.; Sold privately
to Equitable Life Assuiance Society of the United States.
244,124,054
>306,474,227 ■
—
>■ .■
UTILITIES :
Gas
Light Co. 10-year
registered
notes due Aug.
1, 1956.
Purpose, refunding.
Sold pri¬
vately to two institutional investors.
; "
Total
Refunding
131,170,053
47,038,901
———
First quarter—.^.i- ;
?'-/4
New Capital
$
(Mass.)
128,215,273
;
February
Match
Total
Refunding
•».
■
*
—1946
.
Capital
<Iue Sept. 1,
Awarded,to United States Steel
<
(Pa.) VA% equipment trust certificates due
Purpose, purchase of equipment. Priced to yield
to 1.70%
according to maturity. Offered by
Halaey, Stuart & Co. Inc.
.
r »>*■
■
New
(
PUBLIC
1946,
Co.;
Yantia
RR.
$11,150,000'
ry:
Vi *
J
CORPORATE
OF
SUMMABY
&
S.
0.95%
<
■
F.
1947-56.
from
be necessary, particularly as additional private
may
financing is brought to light.
Q'Gara
and
Js'ref., mtge. bond's
1st
1996.
Corp.
corporate financing.
gate $451,109,142, of which $354,302,081 or 78.6 % was for
new money and $96,807,061, or 21.4% for refunding.
Alfred
Inc.,
A
fikui^s'sifibe Jan¬
present a tabulation* of
we
1944, showing the different monthly amounts of
Revisions of the 1946 and 1945 fig¬
uary,
As noted above corporate
August 1945.
$684,291 for refunding.
dollar
in
$126,PPQ>00Q
Years)
RAILROADS
January total.
of Australia 3*4%
the forerunner of other loans by the Com¬
bonds and is
•i-
of the February total and 12.1 %
074 compared with $44,560,023 in
of
monwealth
28.4%
foreign government loan. This consisted of
a
$20,000,000
financing was the
the month's
of
feature
Another
.
12.1% of the April figures, 9.4% of the issues so placed
industrial offerings.
floating of
This compared with 21.8% of the July to¬
^ J
Xong-Term Bonds and Notes (Issues Maturing Later
tal, 10.6% of the June figures, 14.01% of the May total,
particularly by
i
\>V
■
•' '.'■ ■.■■■■■■.
'
August
*; b*^\:
,
Aug.
Water
Society
of. the
Investment Co.
United
Secured
States.
4%
bonds,
1976.
1,
Purpose,
acquire
stocks
of
water
100 and int. Offered by Bioren & Co.
Price,
'*20,000,000 Southwestern
Second
796,720,685 1,444,332,083 2,241,052,768
quarter.
1,103,194,912 2,128,963,169 3,232,158,081
Six months.
JiiiySeptember—i
-
United States;
j
The
766,216,612
211,613,966
96,807,061
451,109,142
107,244,173
749,921,243
338,267,743
104,820,122
705,440,793
———
'Third quarter———
'
157,252,988
143,408,024
407,642,920
214,580,801
248,980,985
437,851,540
193,109,384
708,303,942
901,413,326
105,572,951
The New
Life
Mutual
Read
&
213,629,022
60,276,071
164,293,287
fered
$32,909,000
'
Webster
&
...
.
,
——
Fourth quarter
'
■
488,867,748 1,430,562,237 1,919,429,985
fir.
988,931,090 1,202,560,112
618,835,452
338,394,097
116,304,052
136,614,813
26,565,747
20,434,385
161,824,698
501,334,198
101,548,627
337,040,911
Assurance
136,738,437
Life
Insurance
York;
183,614,345 1,073,533,601 1,257,148,546
4,959,291,921 6,223,871,753
672,482,693 2,504,095,838 3,176,578,531
discount basis at 75,
Treasury-Financing for August
$2,307,568,000
in subscriptions received
jor the issue of % % Treasury Certificates of Indebted¬
were
Series
which
G-1947
offered 'on
were
an
ex-
and yield 2.90%; series F have
about ,1.92%
•,},vim■■. ■-."t'i&tfa
i<">i
___
Treasury Department announced
on
Total
Aug. 16
an
"offering of % % .Treasury Certificates of Indebtedness
A
of
Series
in exchange par for par to
H-1947
holders
*of Treasury Certificates of Series G-1946, in the amount
"
of
"$4,336,327,000, which will
mature
on
Sept.
1, 1946.
Approximately $2,300,000,000 of the maturing certificates
"
will be redeemed for cash and no cash
be received.
;
r
Outside, of the above the Treasury Department in Au-
•'gust confined its operations to the usual weekly sale of
Treasury bills, Savings - Bonds, Tax Anticipation Notes
arid Depository Bonds.
:
.We
n
present
STATES
TREASURY
'<
FINANCING
Amount
Dated
''-V
Total
5
h
for
Dae
•
'i
-
six
months.
ig
' «•
Accepted
91 day Treas. bills
91 day Treas. bills
91 day Treas. bills
Ctfs. of indebt.
U. S. Savings bds.
July
July
July
Depositary bonds—
Tax
Antic'n
5
July
90
5
July 11
:
days
1,803,541,000
1,307,745,000
4,673,023,000
5uly
'
July
July
j 91 days
July 18
91 days
July 25
14
1 year
July 1
1-31 July 1 10-12 yrs,
12 years
1-31 July
2 years
1-31 July
8,153,966,000
1,305,837,000
1,308,242,000
752,985,360
7,848,000
300,463,500
,
'
;
%
Aug 29
92
day Treas. bills
Ctfs.- of- Indebt.—
U, S. Savings bds.
1
Aug
8
Aug 9
I Aug 16
Aug 15
>ug 23
1,796,174,000
91 days
1,823,956,000
91 days
91 days
1
1
1,223,496,000
590,022,949
Depositary bonds—
Tax Antic'n notes-
99.905+
8,549,671,649
99.905 +
1,804,682,000
lyear
2^07,568,000
1,302,132,000
99.904
1,223,496,000 100 -
Aug 1-31 Aug
10-12 yrs.12 years r
Aug 1-31 Aug
590,022,049
590,022,049 '
in 2,773,000
2 years
i-
188,354,600
+
800,616,649
7,345,245,077
■;
1946—
: '•
j
.
^-Retired:'
-'
-
Total for six months—~ 14,068,322,000
11,736,740,956
2,331,581,044
570,888,000
50,000,600
12,715,000
H
Total
n
for
Total
for
is:
August
eight month8_^>.
rr;
—
"775,888,000
—.
62,715,000
713,173,000
v-
237,100,000
Total
for
August.
•Comprise sales
r
421,600,000.
23^560,000
and
213,540,000
r
398,040,000
♦Average rate
series,
of
on
a
which
bank discount basis,
series
E have
a
10-year
Federal Old Age
Canal Zone Retirement Fund,
Comprised of three sepa
maturity,
to
are
sold
on
a
Life
System,
Insurance
Government
notes;
Fund,
Fund*
series
.
,
Federal
Deposit
Fund,
Insurance
Federal Savings and Loan Insurance Corporation.
&
&
Co., Inc.;
Co.; Prank
&
National
Island
A
Milwaukee,
Young;
Weir,
Mason,
Moran
Knowlton
Securities
Co.
of
&
&
Co.;
Co.;
Link,
Chicago,
and
...
'
Glass
Co.,
Inc. 1st mtge. bonds, 4%^
due April 1, 1956. Purpose,
Purchased by Pittsburgh Coke Ac
(non-convertible),
plant acquisition;, etc.;
Chemical. Co. for investment.
Co., Inc. 1st mtge. bonds, 4%%due April 1, 1956.
Purposd,ffilant
Purchased by Pittsburgh Coke & Chemical Co. for investments^;
Island
*200,000 Neville
series
Alaska Railroad Retirement Fund, Postal
Insurance
Co.,
mill
•500,000 Neville
certificates
and Survivors Insurance Trust Account,
Life
fundi
*875,000 Machlett. Laboratories Inc.
1st mtge, -4% . sinking fund
notes.
Purpose, to handle enlarged volume of business.
Sold privately to Mutual Life Insurance Co. of New York.
Adjusted Service Certificates Fund and Unemployed Trust Fund
notes
sinklng
150,000 (Charles E.) Kellogg & Sons Co. 5% 15-year sinking fund
1st mtge. bonds, due July 16.
1961.
Purpose, refunding.
Price, 100 and int. Offered by Mohawk Valley Investing
Co., Inc.
3,442,794,044
of special series certificates and
mtge.
Insurance
Corp., and Grubbs, Scott & Co.
23,560,000
,
1st
July
paper
184,500,000
CJiVUI '^ervlc'd;VR^reindnt _;Fuhd,.^Foieigil' ;S»vlce .Retirement
Savings
rate
one
Offered
■;
184,500,000
sold to
74,267,870,077
de¬
and
1,
1966.
Purpose,
construction of pulp
and
by Florida subsidiary.
Price, 100 and int.
by Lee Higginson Corp.; Shields & Co.; Shuman,
Agnew & Co.; Maynard H. Murch & Co.; Piper, Jaffray
& Hopwood; Harold E. Wood and Co.; Richard W. Clarke
155,000,000
a
rrrMWlbW
stock
3,000,000 Hudson Pulp & Paper Corp. 3% % sinking fund debentures,
due
205,000,000
Ltd.
Life
Co.;. First
Fusz-Schmelzle & Co.
558,173,000
July—
—
Co.,
Mutual
Waddell
Gorman
$
$
;■
Paper
Dempsey-Tegeler
Net Issued
-
,
it
of
v>;;
Lakes
Herrick,
FINANCING
Issued
1
Vb
2,773,000 100
share
1,400,000 Haskelite Manufacturing Co. 15-year 4%% sinking fund
debentures, due Aug. 1, 1961.
Purpose/ acquisition of
preferred stock. of subsidiary, purchase of machinery,
working capital, etc.
Price, 100 and int.
Offered bq[
Brailsford & Co.; Kalman & Co., Inc.; Straus & Blosser;
0.375
188,354,600 100
one
by Grande & Co., Inc.
-throught The : First' Boston Corp„ McLeod,
Inc., and Wood, Gundy & Co., Inc.
188,354,600
:
15,265,810,000 11,823,015,956
0.375
due
construction,
(Robert H.), Inc.
4%% sinking fund deben¬
July 1, 1961. Purpose, refunding. Price, par.
by E. H. Rollins & Sons, Inc., and Stroud & Co.,
Northwestern
590,022,049
2,773,000
-
0.376
1,308,007,000
1
1
'
7,749,055,000
0.376
99.905+
1,803,547,000
debentures,
loans,
(consisting of $100 of 5%
bonds, 3%% series due 1966.
Purpose, refunding.
Sold
privately to Mutual Life Insurance Co. of New York and
eight months— 74,267,870,077 66,922,625,000
for
0.376
1,816,484,000
fund
bank
:Inc.;.x'
♦4,750,000 Great
•—
188,354,600
Total for July
99.905+
sinking
retire
due
Offered
-1,^23,496,900
9,215,520,860
1,305,837,000
1,315,336,000
J,313,714,000
Offered
:
■
5%
Purpose,
350,000 Graupner
tures,
2,773,000
7,848,000 100
92 days
;
Aug 29'
f Aug 1-31 Aug
i
91 days
Aug 22
Aug
| July 17
fi
I
1961.
Price, $100 per unit
bentures accompanied
by
1,061,554,860
1,308,007,000
1,302,132,000
1,302,132,000
Notes
300,463,500 100
V
X;:.
.
Inc.
Co.,
&
12,373,000
8
Aug 15
Certificates
a
■
1,
etc.
7,094,000
1,301,341,000
Aug 22
Aug
99.905 +♦0.375
99.905 + *0.375
Co.
April
752,985,360
7,848,000
300,463,500
August—
Aug
&
290,000 Carney
9,215,520,860
—i
99.905 +♦0.375
W. Products Co., Inc.
1st mtge. & coll. trust 205% sinking fund bonds, due April 1, 1906. Purpose,
refunding.
Price, 100 and int.
Offered by H. D. Ellis
year
'
752,985,360
7,848,000
300,463,500
•INTRA-GOVERNMENT
2,915,697,000 100
752,985,360
Total for July-—.-I——
(, July 26
j Aug 2
505,800 A. P.
'
91 days
Jun
V
,
258,000
1,305,129,000
Corp.; Glore, Forgan & Co,; Goldman, Sachs &
Co.; Harriman Ripley Sc Co., Inc.; Kidder, Peabody & Co.;
Kuhn, Loeb & Co.; Lehman Brothers; Carl M. Loeb,
Rhoades & Co.; The Milwaukee Co.; Morgan Stanley &
Co.; Smith, Barney & Co.; Stone & Webster Securities
Corp.; Union Securities Corp., and The Wisconsin Co.
'
$
91 day Treas. bills. 1,305,837,000
91 day Treas. bills
1,315,336,000
91 day Treas. bills
1,313,714,000
91 day Treas. bills
1,308,007,000
1
Total
99.906 + ♦0.376
•
Indebtedness
%
1,891,988,000 ? 1,315,136,000
1,894,854,000 -1,310,517,000
1,767,751,000- 1,305,129,000-
-
'
5,483,073,568
2,915,697,000
notes
Total for July——-—
Aug
Aug
Aug
of
-
warrant).
56,502,677,568
July 12
July 19
-
Co.
Boston
1,307,745,000
1,315,136,000
1,310,259,000
1,305,129,000
2,915,697,000
1,315,136,000
1,310,517,000
CUJ ,T
y.Jnn 28
Refunding
July 11
July 18
July 25
July 1
July 1
Yield
"
—
Mutual
-
.
51,019,604,000
1,307,745,000
1946
Price
Hancock
Insurance
.
.<•
"Accepted
bills
Amount
•/
Applied for
John
Life
$15,000,000 Allis-Chalmers Mfg. Co. 2% debentures, due Sept. 1, 1S56.
Purpose, plant expansion.- Price, 100% .and int. Offered
by Blyth & Co., Inc.; Dillon, Read & Co. Inc.; The First
Few
months.— 56,502,677,568
day Treas
90
Aug
DURING
six
Total for -August——.
usual tabulation:
our
Date
•
for
Aug
now
UNITED
Offered
July
subscriptions will
The results will be given here next month.
S.;
Mutual
OTHER INDUSTRIAL AND MANUFACTURING
OF FUNDS
V
accepted and the balance redeemed in cash.
The
$125,000,000
a-..
_____
Total Amount
Type of
Security
Dated
Series A earn
C, about 1.07%,.
yeaj; and series
a
USE
were
U.
The
a
A-J945, series. C-1945r. series C-1946 and series C-1947.
«if«
'jdtf; Aug. 1, 1946. $1,223,496,000 of these subscriptions
12-year matur¬
a
on a discount basis, at 74, and yield 2.53.%; and series G
12-year maturity, are sold at 100, and bear 2%% interest,
b Comprised of separate issues, designated Treasury notes of tax series
the
of
Co.;
New York Life Insurance. Co.;
notes dated Aug. 1, 1946, due
1966.
Purpose, plant expenditures, etc.-Price, 100%. Sold
privately to life insurance companies (see foregoing).
ity, are sold
have
Society
*29,000,000 General Motors Corp. 2%%
.
^
.
The Northwest¬
ern Mutual Life Insurance
Co.; The Prudential Insurance
Co. of America, and Metropolitan Life Insurance Co.
tRevised.
of
/
Motors Corp. 2%%
notes dated Aug. 1, 1946,
1976.
Purpose, plant expenditures.
Price, 99%. Sold
privately to Aetna Life Insurance Co.; The Equitable Life
"X.Lx'.-v.-XJ> -V,>i X '^
ness
Corp.
'
*$96,000,000 General
755,450,265
364,959,844
1,427,520,628 1,865,719,008
—.
Twelve months
There
Securities
,
New
November--.-;——.
December
o::
and
through
York
New
due
f
4
Co.,
Insurance
of
J
Electric Light & Power Co. 2%% debentures,
July 1, 1976.
Purpose, refunding.
Price, 100%. Of¬
by Morgan Stanley & Co.; The First Boston Corp.,
due
V;/'
i
•
Life
Co.
Inc.
MOTORS AND ACCESSORIES
3,531,771,293 4,358,152,745
October.
¥
York
Insurance
Co.
9,000,000 Yonkers
and Stone
<
■'"V- ■ .■>■■'
30,208,620
'
1,793,629,779 2,217,308,040
„
Nine months—
i
57,327,813
961,535,209
445,511,916
810,260,9)5
—
.
-
399,673,579
366,543,033
354,302,081
of
purchase
privately
Dillon
August
Public Service Co. 1st mtge. bonds, 2%%
1, 1971. Purpose, refunding ($17,500,000);
properties, $2,500,000).
Price,
102%.
Sold
to The Equitable Life Assurance Society of the
series due Aug.
B
Glass
(convertible),
construction, etc.
Service
Corporation,
'**■?}:}'4s
and
$27,020,800
I Li
!
IJ
THE.COMMERCIAL & FINANCIAL CHRONICLE
Volume1. 164Number-4529
'VA. v>
p
LAND, BUILDINGS, ETC.
,
Mm
168,000 Murphy Chair Co. 32,000 shares of
*"'w'
{Sistersof ;|Cihiiri4jrt ■
-
(l%-2.50%.) serial' real estate
construction. Price, 100.
r
199,460 Abbott Laboratories
bonds, due .iy4'<-pb. .rur-; i
Offered by Norman Ward
:"H"""
j
/
ing
general; corporate
programs,
«-«■--
'
—
l rvV.<|:'
I f
(no
cost of build-
pay
—to1 stock-
'*
'
it
writers. VA.
i
Si
•$2 5)
MISCELLANEOUS
ShieMs
finance business. Sold privately', to
Insurance Co. of New York
Purpose,
purchased by junderunder¬
F. S. Moseley & Co.;
to
& Co. Inc.;
Becker
Glore, >Forgan
Co.;
&
Coij
Ripley
] Ripley
Harriman
$6
Ladenburg, Thai-,
i
Brothers; Merrill Lynch, Pierce,
Bearie; Smith, Barney* & Co.; Allen & Co., and
Kuhn, Loeb '& Co.
<<
\
>
» ,'■«!, < <i \.'-"■"ft
5
Feniier &
|
,
*2,6(K),006
'
General Phoenix
... t.
notes, due 1961/ Purpose; to handle riridrged volume
business.
Sold privately to Mutual Life \Insurance Co.
;.v
•
.
-Vv'>^/Mft:, -f.P-'f;'f;i,/V
vtr=-
Corp. 200,000
Corp.1 11,000'7sba^e4 'oi Capital stdck (par $1).
Purpose,^ working capia}. Price, $11.50 a share. Offered
s/jby Ames, Emerich to Co.
•'
.•
'.
share
per
(with
each
10
9.640,955)
is
and W Fine J Products, Inc. 3 Va.% 20-year
Purpose, construction*' Sold to1 Northwestern
•1400,000
Insurance
"
Co.
tion
J > purpose, etc.
4
;
scription
Glore, Forgan & Co. and resold to
I*
share.
per
',
Assurance
'
-
..
-
,«
•
.
•'
^
to
->
Co., Inc.1
1
'
'•
stock
'*' !
;
»
i
*.f
•
\
4
V
;
etc.
.
by
j
.;
'
'f
<
.
*
' //
'
•
•
•
,
,
;.
'
tive
•>
preferred
stock
(par $100).
Purpose,
1
Stocks
•
/
>'
' '
,
102.75
share
per
stockholders
(Preferred
par value are taken at par, while pre¬
value and all classes of common stock are
at their offering prices.)
v.r'
I'
stocks of
ferred stock
computed
of
stated
a
no
R.
Weeks
—
Gas & Electric Corp. 17,378 shares of common
stock (no par). Purpose, capital purposes.. Price, $23 per
Share.
Offered for subscription to stockholders.
Republic
Co.,
;«£
Power Co. (Minn.) 275,600 shares of
preferred stock, $3.60 series (no par).
Pur¬
States
cumulative
vl
of
refunding.
exchange
offered
for
by
Price,
Woodard-Elwood
Read &
&
Co.
300,000 Chemical
bank
of
ment
/•„
A.
G.
&
Beane;
Price,
$99.25
720,000 Gentry,
TaU
£1,216
<fe.
Power
shares
of
Inc., 120,000
construction
share.
Offered
by
1
(28,815) offered by 6ame bankers
preferred stock (see foregoing).;
of
plant,
to
stock
Price,
Bateman,
Co.;
(par
Price,
etc.
<t
v
H.),
Inc.,
(par
stock
33,000 shares
'
$10)
and
49,000
/
•
Offered
E.
by
Co., Inc.
Rollins
H.
to
Sons,
Inc.,
•
stock
(per
50c).
Purpose,
Purchased by E. H. Rollins
&
i--:»
i
i
i
Co., Inc.
•'?
118,728 Great
j
Inc.,
to- Sons,
■
and
;
to
Stroud
'
Corp.
$16,592,891 Electric
Auto-Lite
(par $5).
ing capital.
scription to
taken
&
by
Co.;
298,971
Co.
shares
of
stock
common
$55.50
Price,
per
stockholders.
share.
Offered
Unsubscribed
Lehman Brothers; Smith, Barney
Securities Corp.; Ames, Emerich & Co.,
f-
i
Alex.
mercial
&
Brown
Investment
Sons/Collin,
Trust
Inc.;
J,
to
Co.;
.
r
Dain &
M.
Co.;
Field/Richards
I
•
> j
i
Co.;
The
First
Dom¬
Glore,
Corp.;
Boston
•-
/
:
Co.;
Hallgarten
&
Goldman, Sachs & Co.; Greene & Brock;
Co.;
Harriman
Ripley
&
Co.,
Inc.;
.
1
e.
Hirsch to Co.; Hornblower
to Weeks; Kidder,
Pea-
,
8
:
-r
/
body to Co.; Kuhn, Loeb to Co«; W.
Lazard
Freres to
-Securities
.
Co.;
Co.;
Merrill,
Co.; Newhard, Cook
Paine,
First
to
Co.;
&
Reinholdt
Rothschild
&
to
K.
stock
;
«
r1
Schoellkopf,
Hutton
to
&
Jaffray
Co.;
'
Pomeroy,
Inc.;
,
Securities
.
Corp.;
.Corp.; Van
Stroud
Alstyne,
Watling, Lerchen
&
to
Co.,
Inc;;
Co.; Wertheim
to
Co.; White,
States
common
stock
Spring
Bumper
&
(par $1).
Coi
128,697 Koppltz-Melchers,' |ne.v 128,697
Purpose, expansion.
Price, $1
subscription to stockholders.
Weld
Offered
y
■
■'
shares
r
D.>.
;
f
to
„
-
f
>:"•
:
V;-> % 'U,,
Bnmper
•;
Co.
»
••
i
£
7%
30,000' shares
s
298,000. Lettgeran'' Manafactnring
vv
common
Of
.
r
4% %
cumulative Vconvextlble- preferred -stock
Purpose,
retirement of bank loans.. Price,
Offered.by Dean Witter to. Co.
;
r
(par
$50).
$50 per. share.
stock
(par
V
.
'
1
-
*
-
'
74,500
Co.
$1).
Conveyer1 Co.
Purpose,
of
shares
class
Purpose, working capital.
(par $1).
$4.per share/ Offered by Cohu•&'Torrey.
562,500 Mathews
/
l
-
$18,892,891
stock (par $2).
Price/ $3 per share.' Offered ty Lewis to Stoehr, Inc.
Price, $10-per share.
by Dean Witter to Co.
1,500,000 United States Spring
mon
30,000
capital
shares
purposes.
of
B
Price,
;
common -stock
Price,
$18.75
Miller to Co.
"
Roian,
20,000
shares
of
common
$2.50
■
2,000 shares of class A stock (par
6% preferred stock (par $100).
affairs./ Price, $500 per unit of four
and one
share of
praerrcd.
Offered
Davis
to
Co.;
to
Price, $12 per share, - Offered by
Boettcher and Co.; Cruttenden to
Co./y Inc;£ Kiddri,
:Qo.;.8teihtBros. dSjBp^cs./jadd^Straus to Blosser.
$10).
Purpose, additional operating capital.
Offered by Urban J. Alexander Co.,
f
?
.-V
i
a
Purpose, working capital. Price,
share, ! Offered by Mccrary, UeaibU & CO., Inc..>
capital.
3,400 shares of
preferred-stock (par $25).
$25
Price,
share.
per
5%
Purpose, work¬
Placed
privately-by
to Co.
17,000 Stevens-Arnold
par).
Co.,
Inc..
8,500
/ i
shares
working capital.
Purpose,
of
stock
common
Price,
$2
per
share.
Co.''
Placed privately by O'Connell
^
•
convertible
,,
1,514,865 Trane Co. 45,905 shares of
pose,
etc.
common <stock (par $2). Pur¬
refunding
($221,000); expansion;
working capital,
($1,293,865).
Price, $33 per share.
Offered by
Cruttenden
&
Co.;
Lehman
Brothers;
A.
C. Allyn
to
Co.,
H. Davis to Co.; Hornblower & Weeks; Loewi
Walston, Hoffman & Goodwin; Watling, Lerchen to
Co.;
White, Weld & Co.; The Wisconsin Co.;
Nelson
Douglass to Co.; The First Trust Co. of Lincoln, Nebr.;
David A. Noyes & Co.; Wm. R. Staats Co.; Stifel, Nicolaus
& Co., Inc.; Julien Collins to Co.; Henry Dahlberg & Co.;
Inc.;
Paul
& Co.;
-
Garrett-Bromfield
;
>
>(.« <
&
Co.;
Carter
Harrison
H.
&
Co.;
Holley,. Dayton & Gernon; Kalman to Co., Inc.; Lester &
Co.; Pacific Co. of California;,. and. Stern, Frank to Meyer.
300,000 TfeeSweet Products Co. (Calif.) .12,000 shares of $1.25
series
preferred stock (par $25).
Purpose, to Increase
plant facilities; working: capital.
Price, $25 per share.
Offered
by Mitchum, Tully. to Co.; Lester to Co.,'and
Wagenseller to Durst, Inc.
"
61,250 O. A/ Tyler & Coi, Inc., '490 shares .of common stock frio
/ par).
Purpose/increase inventories; of plastic products,
etc.
Price, $125 per share.
Offered by G. M. Rose & Co.
*
'
-
-
.
•
(Continued on page 1588)
'.J//;;
In
r
■■■if;,--..?
the
comprehensive tables on the;
following pages! we compare the August
and the eight months figures with those
for the corresponding periods in the four
years
per
share.- Offered by Singer, Deane. to Scfibner; Putnam &
Co.; Butcher to SLerrerd; Doolittle, Schoellkopf & Co.,
and Hayden,
and
^
Corp. VO.OdO shares of common stock
Purpose, capbal expenditures, reduction of bank
(par
shares of capital stock;
per share. ' Offered for
Manufacturing Co., Inc., 99,500 shares of com¬
Purpose, retire loan, working capital.
298,500 LI Falco
of
Purpose, retire bank loans, pur¬
chase of machinery, working capital.
'
80,000
class A
1-
Co.;
Co., and. The Wisconsin Co.
800,000 United
stockholders.
Stifel, Nico-
Corp.
non-cumulative
of
laus & Co., inc.
Union: Securities
G. i H. I Walker to
Co.;
Noel to
common
loans; conper share.
500 shares of
corporate
O'Connell
the public, and
preferred shares.
$5,625 per share.
Offered for subscription to
Unsubscribed shares (33) placed privately by
1 M. Simon to Co.; Stein Bros, to Boyce; Stone to Webster
r
Co.
of
bank
Price, $11 per share.
ing
y
Securities
shares
in
Price, $11.50
*85,000 Stevens-Arnold Co., Inc^
to
first
125,000
ferred stock (par $100).
Price,
Offered by Hautz to
direct
of
(see
:
4 Jtnc£And Bankers Bond Co,-
$100
•/.
299,381 Johansen Brothers Shoe Co., Inc., 53,221 shares of capital
;
-stock.
Purpose (refunding, $48,000), finance acquisition
of 80% of stock of Valley Shoe Corp. ($251,381).
Price,
to
F.
L.
conversion
stock
.
-lOQJlOO Soowden, Inci./ 1,000 shares of 5% ' cumulative first-pre¬
Livingston, Williams to Co., Int., and A. H. Vogel to Co.
Pacific Northwest
Riter
Gardner;.
<
Nashville
Co.;
in
'preferred
110,000 Shackleton Fiano Co., inc. (Ky.),'10,00d shares of.capital^
,
shares
Co.;.
Invest¬
Peabody to Co.;
Lester & Co.; Merrill Lynch, Pierce,, Fenner & Beane;
Y/'Newhard,'Codk '&'Co.rFiper/Jaffi-ay A Hopwood; Wm. C.
Purpose, working capital.
Offered—137,515 shares,
Hat
(par $1L
Pawl
50,000 shares of 6%
cumu¬
$5)
and 50,000 shares of
Chicago; Frank Knowlton to Co.;
Wm. J. Mericka to Co., Inc.; G. Brashears to Co.; Hannaford & Talbot; Saunders, Stiver to Co.; Smart & Wagner;
;
,
C*;'»Laiigley■yto\do.;* ■
Jackson & Curtis; Pipef,
Webber,
Hopwood;
Co.;
v
Turben
r't''
' ■'
;
of
&
!'•■ I
share purchased by underwriters: Gottron,
Ruscell to Co.;
Goshia to Co.; Dempsey-Tegeler to Co.;
Merrier, McDowell to * Dolphyn; ' Carothers; to ; Go;, Inc.;
Hirsch to Co.; The First Cleveland Corp.; Buckley Brothers;
'
*
.
the
reduction
G.), Inc.,
Co.First California
Unexchanged
Hayden, Stone & Co,; Hemphill, Noyes to Co.; H. Hentz
& Co.;
stock (par 5c).
172,201
Harris,
Hall & Co., Inc.; Ira Haupt & Co.; Hayden, Miller & Co.;
,
'
(par
Co.
Purpose,
loan, working capital.
'
(no
share.
,
Forgan &
J
stock
Co.;
to
State
840,000 Seisniogrliph
% i
600.000 <C. J.) Hendry, Co. .24,000 shares. ot $Vst% cumulative
I
i
preferred stock (par $25).
Purpose, pay temporary debt
]
incurred In acquisition- of predecessor. - Price, $25 per
;
share.
Offered by First California Co.
,r{u
4»
^
\
)
' g lp.fi
||yv.
3,639,163 Indnstrlal Brownhoist Corp. 309,716 shares of common
i
stock (par $ I >.
Purpose, refunding.
Price, $11.75 per
Drexel & Co.; Emanuel, Deetjen & Co.;.
&
•£>•"' *'
Mills,' Inc.,
.
to
Lester
Co.;
the-pubiic by the company.
,
$*■-
r
inick & Dominick;
' ?',
,
to
$1).
Purpose, working capital.
Price,
Offered by Cnaries A. Parcens & Co.
and
Purpose,
,
Com¬
Norton
:<
.
Inc.; Straus to
Corp.;
/
$1).-
(par
$100)
Engel.
•
;
Inc.; Bache & Co.; Bacon, Whipple & Co.; J. Barth & Co.;
A. G. Becker & Co., Ire.; Blair to Co,; Inc.; Blyth & Co.,
Inc.;
\
$5.75 per unit of one share of each.
underwriters:
Adamex
.
preferred
common
(24,484)
shares
fS
Woolen
lative
sub¬
for
*.>'*-' i
287,500 Hargo
Purpose, payment of V-Loan, bank loans, work¬
r K"
Co., and Davit, Skaggs & Co.
»
•
to Co.,
Fusz-Schmeize
Corp.
(Mackworth
■
ACCESSORIES
AND
*
Corp.
20,000
Shares of common
$1).
Purpose, working capital.
Price, $8 per
Issued througn the exercise of option
rights,
" ' •
250,000 Ryniker
Douglass. & CO.;* Elworthy & Co.; Grande & Co.;
Inc.; Hill, Richards to- Co.; Pacific Co. of California;
Henry F. Swift to Co.; Wulff, Hansen & Co.; Cruttenden
MOTORS
offered
as
'
■
Nelson
$38,107,378
Gardner;
-
per share.
and
-
•
con-
(par
share.
/
675,000 Harbor Plywood Corp. 25,000 shares of common stock (no
par), r Purpose, working capital.
Price, $27 per share.
Offered by First California Co.; Lester & Co.; Allen &
Co.; Bateman, Eichler & Co.; Brush, Slocumb & Co.;
as
cumulative
(par $10);
Furpose, refunding
capital ($31'1,500);.
Price, $10 per
Co.,
&
118,728 shares of'common
Stock (par $1).
-Purpose, drilling brine wells, working i
capital,
etc.
Price,
$1 per share.
Offered for ; sub¬
scription to stockholders.
.
•
•
'
' •;
•*; j.
Chemical
%'
of; 5
12,000 shares of common stock
(par $20;.
Purpose, treasury iunas. - Price, v2o per share.
Offered for subscription to stockholders.
:
Lakes
(par
Mosle and Moreland.
stock
of
■--■-ai i.
■>
•
stock
common
300,000 Fettibone Mulliken Corp.
18,500 shares of common
reiunding.
Price,
$0,515.
Inc.,
of
stock
bankers
(par
shares
H.),
shares
atruction;. wor)tbig capital, etc»
.
»
(Robert
Herrick,
by Daniel F. Rice and Co.; Stein Bros. & Boyce;
Strauss Bros.; Kalman to Co., Inc.;
Newnard, Cook & Co.;
Reinholdt to Gardner; Alfred O'ctara to
,
*9,528 Graupner
Offered
and
160,000 Radio-Keith-Orpheum
(par 50c). Purpose, refunding.
Price, $12
one
share o£ preferred and l'/fe shares of
of
common.
each.
Offered
cumu
shares
80,000
Cutlery
50,000 Rees
6%
of
Hartley
same
stock
^
;
of
A
equipment,
Bros.,
share
Buckley
1,437,500 Pebble Springa Distilling
-
per
Eichler
of
10c).
"
$1)
$6
class
(par
r
Lynch, Pierce, Fenner
W. E. Hutton & Co
capital
of
new
purchase
one
of
stock
150,000' shares Of common stock
(par 50c).
Purpose, acquisition;
working capital,, etc.
Price, $1,875 per share.
Offered by Greenfield, Lax to
Co., Inc.
stock
unit
per
stock
shares
the
shares
Lester
by
(Robert
Stroud &
(par $10).
Purpose, refunding.
Price, $51.25 per share.
for subscription to common stockholders.
Un¬
offered
plant.
Inc.;
•#/...
Reinholdt; to
281,250 Payne
stock
common
new
Douglass & Co.
preferred
common
Offered
subscribed
of
Co.;
shares
common
plan,
*
unit of
&
working
Co.;
stock
and
common
& Co., Inc.; Merrill
Securities Corp.;
Whipple <5c Co.
Co., and Nelson
Lincoln, Neb.
otter
shares
Union
Purpose,
,,
in
Co. of
250,000
Becker
and Bacon,
396,000 Graupner
($900,000).
Co.
of
per
Co.
foregoing).
stock
Price, par. Offered
Purpose, construct and equip
Curtis;
450,000 Oberman- to Co. • 75,600 shares of common stock (par* $1).
Purpose,; working capital.
Price, $6 per share:
Offered
;
5,942,832 Container Corp. of America 141,496 shares of capital stock.
Purpose, working capital. Price, $42 per share. Offered
for
subscription
to
stockholders.
Unsubscribed
shares
(11,346) offered by Kidder, Peabody & Co.; Blyth & Co.,
Inc.; Stone & Webster Securities Corp.; Drexel to Co.;
exchange for $4.50 and $4.25 preferred
stock.
Unexchanged shares
(17,286) offered ;by Glore,
Forgan to Co.; Kalman & Co., Inc.; A. C. Allyn & Co.,
Inc.; William Blair to Co.; Central Republic Co., Inc.;
The Milwaukee Co.; Farwell, Chapman & Co.; First of
Michigan Corp.; Harris, Hall & Co., Inc.; Stern Brothers
to Co.; Harold E.
Wood and Co.; Allison-Williams Co.;
Barret, Fitch & Co., Inc.;; Julien Collins to Co.; Kirkpatrick-Pettis Co.; C. 8. Ashmun Co:, ahd First Trust
2,624,820
working capital.
preferred
to
Pomeroy,
Rogers to Co.; A/M. Kidder to Co.;
Hall, Tattersall & Co.; Stirling, Morris to Bousman; Estes,
Snyder to Co., Inc.; Irving J. Rice & Co.; Enyart, Van
Camp to Co., Inc., and, Link, Gorman to Co., Inc.
/
common stock
> j
,
loans
Process
(par $1).
5,955,000 Otter Tail Power Co. 60,000 shares of $3.60 cumulative
preferred stock (no par). Purpose/refunding ($5,055,000),.
Offered
5%
of
&'Torrey; First Washington
Maxwell, Marshall to Co.; Morgan
$1.20 per share.' Offered for subscription to stockholders.
Unsubscribed shares offered by Stone to Youngberg.
/
lative
divs.
convertible
&
Inc.,.. 60,000
Cohui
series
$5
Dillon,
retirement
cumulative
B
(par $100). Purpose,
by the corporation.
$102.75 per share.
Offered in
preferred.
Unexchanged shares
Co. Inc.; A. C. Allyn and Co.,
Inc.; Alrastedt Brothers; Baker,- Watts & Co.; Baker,
Weeks &
Harden; Barret, Fitch & Co.,
Inc.; William
Blair & Co.; Boettcher to Co.;,- Courts to Co.; R. 8. Dickson;
&
Co., Inc.;
Dominick & Dominick; Elworthy & Co.;
Equitable
Securities
Corp.;
Farwell,
Chapman
&
Co.;
Foiger, Nolan Inc.; Glore, Forgan & Co.; Hallgarten & Co.;
Hallowell, Sulzberger & Co.; J. J. B. Hilliard & Son;
Hornblower 'to Weens; W. E. Hutton to Co.; Johnson, Lane,
Space & Co., Inc.; Johnston, Lemon & Co.; Kebbon, McCormick & Co.; Laurence M. Marks to Co.; McDonald &
Co.; Morgan Stanley to Co.; Maynard H. Murch & Co.;
Newhard, Cook & Co.; Park-Shaughnessy & Co.; R. W.
Pressprich to Co.; Rauscher, Pierce & Co., Inc.; Reinholdt
& Gardner; Rotan/ Mosle and Moreland; L. F. Rothschild
& Co.; Salomon Bros. & Hutzler; Chas. W. Scranton &
Co.; I. M. Simon to Co.; Stern Brothers to Co.; Swiss
American Corp.; Wertheim & Co.; White, Weld & Co.;
Whiting, Weeks & Stubbs; Harold E. Wood and Co., and
pose,
class
Jackson
Hutton
share.^Offered by Herrick, Waddeii
300,000 Central Manufacturing Corp., Roanoke, Va. 3,000 shares
28,256,250 Northern
Co.,
shares
preferred
Blosser;
Inc.;
(par $10).
Purpose, general corporate purposes.
Price,
$10 per share: Offered for subscription to stockholders.
'
&
($488,500);
,
Purpose,1 capital improvements. Price, $19.50
Offered for subscription to stockholders.
(par $15).
per share.
Central
Glass
60,000
Price, $10.10
Amott, Baker
vertible
?
Gilman & Co.; Hornblower to Weeks;
265,300 Belden Manufacturing Co. 26,530 shares Of
871,614 Iowa Public Service Co. 44,693 shares of common stock
j
Harden;
corporate
,
-
Whiting,
Weeks & Stubbs; Julien Collins & Co.; Ingalls to
Snyder;
Maine Securities' Co.; Pacific Co. of California, and H. M.
Payson & Co.
i,'
,l
■
.
;
;/v, •
$399,694 Derby
,
&
and
800,000 Obermati
shares
by Coffin to Burr, Inc.; Harriman Ripley & Co.,
Kidder, Peabody to Co.; E. H. Rollins & Sons, Inc.;
W. Pressprich to Co.; Paine, Webber, Jackson &
Curtis;
Charles H.
,/
Unsubscribed
-
common
Clarke Corp.; Henry Heriman to CO.;
Perrin, West to
Winslow, Inc.; Scott, Horner & Mason, Inc., and George
D. B. Bonbright to Co.
Inc.;
Baker,
UTILITIES
share).
per
an
any
D. Cerf Co., Inc.
W.
;
loan
offered
par
PUBLIC
$100
share
Purpose, refunding
($1,184,750); corporate pur¬
($154,000)./ Price, $15.75 per share.
Offered by
Lee Higginson Corp.; Shields &
Co.; Hayden, Stone & Co.;
F. S. Moseley & CO.; Sulzbacher, Granger & Co.; Skall,
Joseph, Miller & Cp.; Whiting, Weeks & Stuobs; Richard
;
.
constituent companies.
Price,
div.
Offered for subscription
to
and
(at
will
purchase
per
poses
\ incurred .in acquisition of
•
purchaser
to
$2.50).
cuniula-
bank
pay
{Schoellkopf,
1,338,750 Newmarket Mfg. Co. 85,000 shares
;•
4,500^000 Bates Manufacturing .Co«S 45,000- shares' Of i4Mt %
i
S'*''
il
Co.;
Waddell & Co., Inc.
1
credits.
:
&
Purpose,; construction
-
Inc., and Johnson, Lane, Space
'
,'
cue
per share.
Offered for subUnderwritten by Loewi to C6.;
stockholders.
\ : 606,000 Neville Island
to Co.; Hincks Bros, to Co.,
Purpose,.sup¬
stock
plant
Price,
Cc>5
^
Webster Securities Corp.; Estabrook & Co.; Paine, Webber,
Jackson to Cuttls; Putnam & Co.; Chas. W. Scranton &
Sold privately to Equitable Life
Society of the United States, i i :ri |" ' ;. • /
bank
plement
-
Co.^Cooley to Co.; E. T; Andrews & Co.; McDonald to Co.;
Neergaard, Miller & Co.; Spencer Trask & Co.; Fahnestock
5.-year loan.
♦$35,000,000 Commercial Credit Co. 1% %
common
The Wisconsin Co:;-Cruttenden &
Co.; Nelson Douglass to
Co.; A. G.'Edwdrd3 & Sens; Bell, Farrell, Stebbins
Inc.;
George D. B. Bonbright & Qo.; Braun, Monroe and
Co.;
The Marshall Co.; McKee and
Jaeckels/ and Riley to
:
i' 1,640,700 Associated" Spring^ Corp. 54,690 shares of common stock
/ ! *•! I • (par $10). Purpose, plant addition. Price, $30 per share.
Offered by Lee Higginson Corp.;
Smith, Barney & Co.;
Eastman,1 Dillon to Co.; Goldman, Sachs & Co.; Stone &
MISCELLANEOUS
Price.
Price, $26.75
to
Reynolds
t
reduc¬
purchaser at $105
one
shares
^ Higginson, Corp.; Paine,-Webber,
/„
of capital
'
and Including Five Years)
.
shares
improvements,
/
(Issues Maturing Up to 1
Short-Term Bonds and Notes
116,926
Purpose, additions,
bank
loans, etc.1 Price,; $85 per share.
Offered
subscription
to 'stockholders.
Unsubscribed
shares
(3,503); scld ;tq Hornblower &, Weeks (1,752 shares) and
$7,600,000
•
of
for
serial notes.
Mutual Life
'
/
American Home Products Corp;
*167,815j stock (par $1).
or
1
*
2,000,000 Sun Ray Drug Co. ^5-yeay 3y2% debentures, Aue Aug- 1. .
1961. Purpose, repay loan used in purchase of constituent
company stock, acquisition, working capital.
Price, $104
and int.
Offered by Eastman, Dillon .& Co.
shares
time within five years). Offered by Floyd
/
.
Cellulose
J J,685,250 Nekoosa-Edwards Paper 1 Co; 63,000 shares of
hfi /
®tock (par $25). Purpose, increase inventories,
126,500 Aerbvox
6f
of
i-, <
..
j
.
?■'
$ii.
(par
capital
ohe warrant giving the' right
additional share of; common stock at $7
' '} !'
r 1 !
Lehman
i
working
Purpose, - refunding ($61,030), cost of
equipment, working capital, eta t$i,139,000).
-
Co.;
Ific.;™ H(dder, ^Peabody. &/CO^;
&
mann
G.
&
to, Co,,
1953.
Mutuial Life
notes, .due
Co, »3junior
Investment
1,200,000 National
holders.' Unsubscribed" shares (3,92*3)
j*'*1?/
stock
common
Furpose, rehabilitation of plant,
HI *•-* |
($6,989,460).
purposes
•*
stock
common
Purpose, ieiunding ($3.2iO,000),
\ ' par).
,
shares of
169,991
year
preceding,
comparison.
thus affording
--
~
r
4
a
f °
five
•
60,380 2,0,0 2,05,0
t
49,25,0 47,195,810
"•
2,0 ,0 39,7180
Total
•
2, 0 , 0
16,7380
5,018,0 1,0 ,0
-1942 Refundi g
6,018,0 49, 250 2,6 3,0 58,60 0
$
1,0 ,0
Capit l 5,30 1,20,0 2,05,0
64,180
3, 0 , 0
6,018,0
2,05 ,0 2,0 ,0 37,0 0
2,05 ,0
4,532810 103,28
1,0 7, 54 17, 93 50
14,8750 21,5820 15,7680
10, 0
Refundi g 69,31 0 10, 0
6,40 , 0 16,50 0
2,718,0
10,740 14,87v50 28v,16748 14,75 19
-194S
2,05 ,0 2,0 ,0 39,7180
6,40 , 0 13,20 0
1.0 ,0
1,20 , 0
•*
-
New
2,05 ,0
Capit l 14,92,0 "6937950 7,517,54
63,0 0
18,21704 5,790, 0 45,0 0 1,07,54 41,593 50 5,20, 0 3,0 ,0
10, 0 45,0 0 34,280 "~ 6~37O65
$
8,21 ,704 5,790, 0 ^457/10L 7,345,9 0 5,2 0, 0 — 3,o 76o
VoXiM
New
f.
-
#Govea-•rFHngmdnicyatl.fTUSFTMNOHAFIHYUENEGIRVEDSR1-9149?i^4jo3CoeatfCpounaiweNltCdRfpuaiwenlgfpunlgg$81.2148*2,5w70,d5T0s7.»OK30!8Z~:"—*•"~M-'■Z#—_/4873698,408156v21,2„4~ZiS63't*Zflisoz"e^—;.4,1t0515,0036832489573 41204751389,,50387,69465
LAFMOITMNUOAFHUYCNGDPIERVLSR
206,70 14,907130 27,40385
Refundi g 138, 50 S[oiM34
7,~193Z56
1,081,08
20,6 0 4,560 23
ZRTeNCfouantepdaiitwlgl:$$jf.•-3269176,,3840,82514050 73€85,7^1846659,0_06^12,,483043938^5
789,70
25,89031
9,823,540 797,80 37,29145
127, 0 28,1 08 56,18765 6,50,0
26,8~1Z5 42,310985
20,3150 25,740
$
—194
9,823,540 4,587,50
1,2 97834
20,3150 65,24 92
108, 0 2,50
3,268,3 4 5,0 ,0 z z rz z
31,78990,
52,90 531 1,50,0 l,o Zo 9,8237540 15,79 80
;
13,246 10 4,62,082 31,46712 1,789,452
20,6 0 7,358,0
5,019,534
i,o 7o
32,90 0 84,028916 85,240 14,79210 58,62 082 3.ob7o 79,62712 6,789452
9,368,051
16,28 70 40,962403 75,0 0 109,835 0 56,0 82 13,96051 63,750
19,701
Z1ISNUE 0,93 65,0 — 4135078,,,2246974
FGFACOOVERREPNMIGNATT,,
fbsrfuotomuniicapaltens"dydes •. manufctrig hoeldticng., ■V-.Notes—. manufctrig hoeldticng., ~ZAry etc.—L- ^manufctrig "'i-v■•r—.^hoeldticng, — manufctrig - hoeldticng.,
«tCapi l ' „ 64,1760 32718^40 10,348073
S
New
107,243 7.1 L*s.i37,2015,. - 14,569.
451,0942 20,"o Zo :32,59•0 64,892074 1,0 ,0 569,21 6
19,35480 35,0 . 0 59,176250 152,8 092
20, 0 32,90
354•,02 81 ■-,«
$
Capitl 160,7940 35,0 0 16,74250 14,76381
New
64,207 83 1,0 ,0
•
■
y::-r
419,50 864
35,9607 1,76251
"""
2S3l4:Capi:t ,250 9;650 voZoV2-1*,650 . 4254,0— Z Z ;1—
CHAR TE
^OOOgfJ
3
40 ,0 0
5,4 3,940 53,49621 7,90 , 0 65, 9107
242^ 0
89,T46i24 18,50 81 3,250, 0 5,425,308 143,892 1 68,91 458 30 ,0 0 425,0 24,60 13,846724 354,02 81
17,42051
40 ,0
5,4 3,940
96,8071
.
V
New
16,3170 43,06 513 10,24 0 4,3 ,710 2,570, 0 3,o 76o 65,71 21 3,09,452 1,50, 0 17,89 0
•
1
1946
2,09 12 1,789,452
30 ,0
35,0 0 35,0 0 38,10738 18,9281 59,370 9 "642760 94,60764 21,0432 1,50 71,06378 143,892 1 86,39150 30 , 0 425,0 0 642,60 137,290 64
'
42,3 0 1,06421 4,750, 0
SOUM FARY
1C1696,8071 84,29.1 50,432 ONOGARRPENUFPWAITDEf-9V4——5_NTeRafoeeupfntiutwdandllgig 71107,,,294500193.72,1,930500 ZZ1Z___.I!!Z1,05 42357,6,078880^163,2,75500 425,0—- ZZZl.TsoZ537,,4680186_00 29247034,,115088
2,546,210
125
.•
•>
7,60 , 0
30 ,0 3
35,0 0 35,0 i0 2,17,308 18792,81 47,654 8
160,7940
■3
r-
:
?
AOFUGST >,boanndds stock stock :-i.f , stock stock foreign- bonanontdesds. . stock stoc-k corpa_tej toal fdiignnuclroouedste OFAUGST
Lboonnagno-ttdeerssm.
Corp ateGovernmtforegoviegr—nnmtLGoaoaagnvncdie,s.•M&unicCpal—t—Stes,,SPotsaeeisn LBoNnogoa-tnTeedsr-ms ,■./ utile—-s. esccottoepa.llr,,,Eqmuainpufmcenets anodri indausntrdl .bueildtncgs, ——tItnrrvuaesdtsminng,, -.Miscelanou v.^ BShoorant-Tdesm utiles.— scectooeptall,,,Eqmuanipufmcterenst anodie indausntrdl bueitcld.n,—g*s, Itntvrreausdtsminngt,,Miscelanous r■ J"^'f-hIy. .RV'"a-■il'r,vo;Vd-s-Z uLtiles scctooepall,,,Equmaipnumfcetnrets anodie indausntrdl '"-t,w■ 1.;'-—4.-i, .—Ittnrrvaeusdtsminng,,Miscelan—ous :'■ utiles. scecotoeptall.r,,,Eqmuainpumfent aacensodri induasntrdl bueildtncgs, Inttvrreaustdmsinng,,Miscelanous csoerpcuraitte
Its
MONTH
Domestic— Long-term Short-em Pref red Com on Candi — Short-em Pref red Com on Other Long-term Short-em Pref red Com on
<r
MONTH
Total
Can dian Other
Grand •These
Farm
Railroads Public Iron,
United
-
Motors Other Land, Rub er
Oil
'-Ship ng Total Railroads Public Iron,
" ■•
•
'
Tota,l
Motors Other Land,
*;
V'-
Stocks—
■/,
:
Public Iron, Motors Other Land, Ship ing
RnHher
'
otal— Railroads Public Iron,
T
;
Motors Other Land, Rub er
Ship ng"—
Total
95l0O
295,697 145,0 4,6 50 2,53 20 28,1 875 840,62314
2,0,0
.
iM'ju
194i2
...
1,0 ,0
Refundig 5,S8013,580 _™.. 4^8310 95 2,63150
Capit l 27",80 0 1 ,86420 2,0 ,0 3,0 ,0 194,5680 18,37450 2,015,0
New
Total
9^933'01,46,568i-883^5.C7rW7USItBNPhMpnaovlaxoeienrcswtnfdde.l
21,,^590366•734471 oecfJogibdtliihgeantfts,ns
62^948,01
flncudes
520, 0
150, 0
Capit l 36,250 1,908 0 3,250, 0 4876,197 15,20 2,05,0
S*
v
New
Total
10, 0
YFA3EMFTITUINOSUVGNDHO1RHASR.ED
IGOCNSORREPUUPFWEIAT
ACHNARDTE
750, 0
914,3780 1,607 ,41 198,56082 876bd^65 743,6280 25,89452 3,57,0 49,850926 l57382~0 203,56237 3,547891,30
Total
8250 1,387 193,402 "237,50 36 19, 053,2150 3,09.72 4l320O:8'4,V3152 2,8'6305
360, 0
-89,30 2,5381 5,12,08 7/62150 389,615 64,09754 16,841206 670510 19,528175 721,56 30
Capit l
New
Capit l
374,8 14 26,15 62 109^58 60 73, 152 37,103 0 6,502,50 12.047,30 1,021,801 1,421 37 32,71 9
604,380 984,20 42,50 0 137,50~6O 273,6058 589,0 9,584,0 41, 450 leuiroa 106,9250 2,80573,80
Total
New
34,530 270, 1609 38,0 62 2457 ,842 645, 374 98,59673 1,72 50 50,27193 1,021,801 16,051. 2 41,92 0
50 ,0 0
34,530 185,7640 17,50 137/501 120,6 942 72,31573 5,25,0 40,9450 6,90,0 84,09873 705, 1294
$
1,8240,26
8AEUNGD1STNBoteoa*—nd* utiles™—■— eccotopal,,manuf—ctres •oie imnaadnuufnscttrdrigl beuildtcngs, ~— htteroralutdcisn.g,, NBotoea*n—d* ecco»opa.rl,,manufctres—, acesori inmadanuusnftcrtdrlig buetc.™i—l-d-ngs, « ——httoreraludtcisn.g,, — .•V; r—-etccco.oparl,,mnuf—t- acesori—. inmadnuunsfatcrdtrilg beuticld—..T—ngs, «■—- —r—.hettorraltudcisng,, — utiles—eccotopa.rl,,manuf- acesoriinmdaaunusnftcrtdrilg bueildtncgs, . httrroeauftidslinn<gg,,, -. csoercpuraitte
MONTHS Long-Term ste l, Equipment Maontodrs Rub—er : Investmn Miscelanous Short-Tem Railroa—d.s utiles ste l, Equipment Maontodrs
8
,
Public Iron,
Other Oil■ Land,
Public Iron,
Other
-,dnaL RubIer Ship ing
Investmn Miscelanous
— Stocks—
Total
Railroads util es ste l, Equipment and
Public Iron, Motors Other Land, Rub er Ship ng
Investmn Miscelanous Total-
-
-
-Total
ste l, Equipment and
— Investmn Miscelanous
Public Iron, Motors Other Land, Rub er
Total
H\,
THE COMMERCIAL & FINANCIAL CHRONICLE
1538
Monday, September 30,
■m
Rhoades
6c Co.; Laurence M. Marks 6c Co.; Marx 6c Co.;
Newburger 6c Hano; Paine, Webber, Jackson 6c Curtis;
Silberberg 6c Co.; I. M. Simon 6c Co.; Stein Bros. 6c Boyce;
Victor, Common, Dann 6c Co.; G. H. Walker 6c Co.;
White, Weld & Co.; The Wisconsin Co., and F. S. Yantis
Sc'Co,, lnc,!-1
(Continued from page 1585)
6,000,000 United State# Plywood Corp. 60,000 shares of 3%% cumu¬
lative
preierred
stock, series A
(par $100).
Purpose,
rexunding
(*2,458,310); cash funds
($3,541,690)^-Price.
»i02.75 per snare ana div.
Offered by Eastman, Dillon &
Co.; Lehman Brothers; Merrill Lynch, Pierce, Fenner 6c
Beane; Smith, Barney dc Co.; Union Securities Corp.;Hemp-
2,210,000 Schuster
McCormick & Co., and Piper,
Dean Witter & Co.; Kebbon,
Jaffray & Hopwood.
250,000 U-Tote'm Inc. 25,000 shares of 5 Va ^cumulative preferred
stock (par 510).
Purpose, construction; working capital,
etc.
Price, $10.25 per share and div.
Offered by B. V.
Christie & Co.
ft 249,285 VoJtar
'
of common stock (par $1).
for funds expended in acqui¬
Price, $3 per share. Offered
by Mercier, McDowell & Dolphyn.
Purpose,
shares
83,095
Corp.
relmbuse
by Blyth 6c Co., Inc.
'
& CO.
Co.;
Lynch,
Pacific
Webber,
Paine,
Co.;
The
Beane;
6c
Fenner
Pierce,
Northwest
Plywood Corp. 106,235 shares of common stock
Price, $27 per share.
Offered by First Cali¬
6c Co.; Allen 6c Co.; Bateman, Eichler 6s
Co.;
Brush, Slocumb & Co.; Nelson Douglass 6e Co.;
Elworthy 6c Co.; Grande 6c Co., Inc.; Hill, Richards 6c Co.;
Pacific Co. of California; Henry F. Swift & Co.; Wulff,
(no
5%
Investment
12,500 shares of
stock (par $20). Pur¬
working capital, etc.
Price,
Co.
(Texax)
expansion
business;
of
'
Deane
$22
MISCELLANEOUS
Corp. 200,000 shares
Purpose, furnish capital to
companies principally engaged in new enterprises.
Price,
$2o per share.
Offered by Estabrook 6c Co., and Harriman
Ripley & Co.
Development
$1).
297,000 British
Industries Corp. 99,000 shares of capital stock
(par $1).
Purpose, working capital.
Price, $3 per share.
Offered by Strauss Bros., and Stubner 6s Co.
750,000 Butler's, Inc., 30,000 shares of 4Va%
cumulative preferred
(par $25), with stock purchase warrants attached.
Purpose, refunamg ($430,000); modernization of existing
units; working capital, etc, ($320,000). Price, $26.50 per
share and div.
Ofxered by R. S. Dickson 6s Co.; Courts 6c
Co.; Clement A. Evans & Co./lnc.J Johnson, Lanei Space 6s
6c
stock
•
287,500 Butler's, Inc., 25,000 shares of
Purpose,
working
Offered
(see
by
same
capital,
as
Price,
offered
stock
$11.50
the
stockholders.
000).
v
$52.50 per share.
shares) for convertible 5%
Price,
1,000,000 Western
stock
Frozen
Foods
Inc.,
Co.,
100,000
shares
8,820,000 Radio-Keith-Orpheum Corp. 420,000 shares of common
stock (par $1).
Price, $21 per share. -Offered by Lehman
Brothers; Goldman, Sachs 6c Co.; Abraham 6c Co.; Adamex
Securities Corp.; Allen 6c Co.; A. C. Allyn 6c Co. Inc.;
Ames, Emerlch 6c Co., Inc.; Arnhold and S. Bleichroeder,
Inc.; Bache 6c Co.; Bacon, Whipple 6c Co.; Baker, Weeks
& Harden; Bateman, Eichler 6c Co.; Bear, Stearns 6c Co.;
A. G. Becker 6c Co. Inc.; Blair 6c Co., Inc.; Blyth 6c Co.,
Inc.; Boettcher and Co.; George D. B. Bonbright 6e Co.;
J. C. Bradford 6c Co.; Buckley Brothers; Burr 6e Co., Inc.;
Butcher 6c Sherrerd; H. M. Byllesby 6c Co., Inc.; Central
National Corp.; Chaplin 6c Co.; Richard W. Clarke Corp.;
Clayton Securities Corp.; Commercial Investment Trust
Inc.; Courts & Co.; Cruttenden 6c Co.; Davis, Skaggs 6e
Co.; Dempsey-Tegeler 6r Co.; Andre de Saint-Phalle 6c Co.;
Dominick & Dominick; Francis I. duPont 6c Co.; Eastman,
Dillon 6c Co.; Emanuel, Deetjen 6c Co.; Clement A. Evans
6c Co.'; Farwell, Chapman 6c Co.; First California Co. Inc.;
The First Cleveland Corp.; First of Michigan Corp.; FirstSouthwest Co.; Glore, Forgan 6c Co.; Goodbody 6e Co.;
W. D. Gradison 6c Co.; Graham, Parsons 6e Co.; Granbery,
Marache 6c Lord; Halle 6c Stieglitz;. Hallgarten 6c Co.;
Harriman Ripley & Co. Inc.; Ira Haupt 6c Co.; Hayden,
Stone 6c Co.; Hemphill, Noyes 6c Cb.;
H. Hentz 6c Co.;
Henry Herrman 6c Co.; Hill, Richards 6c Co.; Hirsch 6c Co.;
Hornblower 6c Weeks; Jenks, Kirkland & Co.; Johnson.
Lane, Space and Co., Inc.; Johnston, Lemon 6c Co.; Kalman
; 81 Co., <Inc.; Kebbon, McCormick 6c Co.; A. M. Kidder 6c
Co.; Kidder, Peabody 6c Co.;. Kuhn, Loeb 6c Co.; Laird,
Bissell & Meeds; Lawson, Levy 6c Williams; Lazard Freres
6c Co.; Lester 6c Co.; Carl M. Loeb, Rhoades 6c Co.; Irving
Lundborg 6c Co.; Mannheimer-Egan, Inc.; Laurence M.
Marks 6c Co.; Mason-Hagan, Inc.-; McDonald 6c Co.;-Gor¬
don Meeks 6c Co.; Merrill Lynch, Pierce, Fenner 6c Beane;
Metropolitan St, Louis Co.; Moore, Leonard 6c Lynch;
Nashville Securities Co.; Newburger 6c Hano; The Ohio
Co.;
Pacific Northwest Co.; Pain?, Webber, Jackson &
Curtis; Peltason, Tenenbaum Co.; Piper, Jaffray 6c Hopwood; Edward A. Purcell 6c Co.; Putnam 6c Co.; Quail 6*
Co.; Reinholdt 6c Gardner; Riter & Co.; The RobinsonHumphrey Co.;' E. H. Rollins 6c Sons Inc.; Dallas Rupe &
Son; Schwabacher & Co.; Scott 6c Stringfellow; Chas. W.
Scranton 6c Co.; Shields & Co.; Silberberg 6e Co.; Sills,
Minton 6c Co., Inc.; I. M. Simon 6c Cd.; Singer, Deane 6s
Scribner; Starkweather 6c Co.; Stein Bros. ■ 6c Boyce; Stern
Brothers & Co.; Stix & Co.; Straus 6c Blosser; Stroud 6c
Co., Inc.; Swiss American Corp.; ; Townsend,
Dabney 6c
Tyson; Tucker, Anthony 6c Co.; Union Securities Corp.;
Victor, Common* Dann. 6c Co.;. G.'H. Walker tt Co.;
Watling, Lerchen & Co.; Weil 6c Co.; The Wisconsin Co.;
cumu¬
Pur¬
Price,
of
,
5%
Purpose,
refunding ($500,000); general funds ($500,000). Price, $10
per share and div.
Offered by First California Co.
$94,690,764
i
-
Offered by Scott,
134,300 Purex Corp., Ltd., 7,900 shares of common stock (t>ar $1).
Price, $17 per share.
Offered by Blyth 6c Co., Ind?
Offered
in' exchange
preferred stock.
Un-
cumulative convertible preferred stock (par $10).
J
/
shares of common
715,000 Petersburg & Hopewell Gas Co. 55,000
stock (par S10).
Price, $13 per share.
Horner 6e Mason, Inc.
exchanged and balance offered by Blyth & Co., Inc.
f
>
1,200,000 Pep Boys—Manny, Moo & Jack 160,000 shares of common
stock (par $1).
Price, $7.50 per share.
Offered by Newburger 6c Hano and Kobbe, Gearhart 6c Co.
stock
stores.
to
share.
Consumers. Cooperative Inc., 17,500 .shares .of
(par $20).
Purpose, establishment of retail
$20 per share.
Offered in Chicago area
common
for
(20,779)
refunding ($520,000); working capital, etc. ($1,480,-
pose,
(par $1).
per
preferred
foregoing).
350,000 Chicago
Miller & Co
576,823 Murphy Chair Co. 104,877 shares of common stock (par
$1).
Price, $5.25 per share.
Offered by The Banker®
r-ft
^
Bank Co., inc., and Cruttenden & Co.
v ;
Co.
(10,400
eommon
etc.
bankers
subscription
shares
2,000,000 S and W Fine Products, Inc., 40,000 shares of 4%
lative preferred stock, convertible series (par $50).
Co., Inc., and Rauscher, Pierce & Co.
•;
common stock
(par $2).
working capital, etc.
Price,
Offered
share.
per
shares
ofiered by Glore, Forgan 6c
Peabody
6c Co.; Ladenburg, Thalmann 6c Co.; Lazard, Freres 6c
Co.;
Smith, Barney 6c Co.; White, Weld 6c Co.; A. C. Allyn and
Co., Inc.; Blair 6c Co., Inc.; Central Republic Co. (Inc.);
Dean
Witter
6c
Co.; Hayden, Stone 6c Co.; Hemphill,
Noyes 6c Co.; Lee Higginson Corp.; W. E. Hutton 6c Co.;
F. S, Moseley 6c Co.; Wellington 6c Co.; The Wisconsin
Company; Bacon, Whipple 6c Co.; First California Co.
Inc.; Graham, Parsons 6c Co.; Francis I. duPont 6e Co.;
Doolittle, Schoellkopf 6c Co.; Carl M. Loeb, Rhoades 6c Co.;
Kebbon, McCormick 6c Co.; The Illinois Company; Loewi 6c
Co.; Maynard H. Murch 6c Co.; Piper, Jaffray 6c Hopwood; Rauscher, Pierce 6c Co. Inc.; Straus 6c Blosser;
Sutro 6c Co.; Bingham, Walter 6c Hurry; Buckley Brothers;
Dempsey 6c Co.; Fred W. Fairman 6c Co.; First Securities
Co. of Chicago; Hill, Richards 6c Co.; Holley, Dayton 6c
Gernon; Julien Collins 6c Co.; Miller, Kenower 6c Co.;
Mullaney, Ross 6c Co.; Pacific Northwest Co.; Sills, Minton
& Co., Inc.; Stern Brothers & Co., and Woodard-Elwood
$642,600
&
Conveyer Co. 10,000 shares of common stock
Price, $18.75 per share.
Offered by Singer,
Scribner; Putnam 6e Co.; Butcher 6c Sherrerd;
cf
bank loans;
Co.; Blyth 6c Co., Inc.; Hallgarten 6c Co.; Kidder,
242,600 Tyer Rubber Co. 9,704 shares of common stock (no par).
Purpose, working capital.
Price, $25 per share.
Offered
for subscription to stockholders.
Underwritten by Harriman Rlpiey 6c Co., Inc.
(par
263,037
prepay
Unsubscribed
bold privately to a single buyer.
stock
Inc.,
Purpose,
Co. 4,000 shares of $4.25 cumulative pre?
stock (par $100).
Purpose, refunding.
Price,
Research
behalf of
Higginson Corp.
*$400,000 Tyer Rubber
capital
on
93,750 Moore Drop Forging Co. 7,500 shares of common stock
(par
$1).
Price, $12.50 per share,
Offered by Lee
man.
of
shares
common
Doolittle, Schoellkopf 6c Co., and Hayden,
f
per share.
Offered for subscription to stockholders.
Unsubscribed shares offered by Schneider, Bernet 6c Hick¬
5,786,814 Spiegel,
$5,000,000 American
6c
70,000
under "Miscellaneous Stocks" above).
$20
RUBBER
preferred
$1).
(par
convertible cumulative preferred
pose,
offered
as
company (see
Witter 6c Co., and Harold JS. Wood 6c Co.
250,000 Southwestern
v
holders.
$100 per share,
$2).
(par
bankers
187,500 Mathews
OIL
Realization Corp. 150,000 shares of common
stock.
Purpose, acquisition of oil and gas properties and
working capital.
Price, $2. per share.
Offered to stock¬
$300,000 Mar-Tex
Cruttenden 6c Co., and Davis, Skaggs 6c Co.
Heller & Co. 10,000 shares of common stock
Price, $16.75(per share.
Offered by same
167,500 (Walter E.)
Corp.; Watling, Lerchen 6c Co.; The Wisconsin Co.; Dean
;
par).
Hansen & Co.;
6c
Piper, Jaffray 6e Hopwood; E. H. Rollins 6c Sons,
Stern Brothers 6c Co.; Stone 6c Webster Securities
Inc.;
:
fornia Co.; Lester
Curtis;
$59,370,709
"
2,868,318 Harbor
Milwaukee
Jackson
■
360,000 Gentry 9c Co. 60,000 shares of common "stock (pat $1).
Price, $6 per share.
Offered by Lester 6e Co.; Bateman,
Eichler <& Co., and Nelson Douglass & Co.
(par $10).
-Merrill
treasury
sitions; working capital, etc.
98,800 General Phoenix Corp. 3.800 preferred stock, $1.50 series
(par $25),
Price, $26 per share.
Offered , by Reynold®
(fed.) ,$
Co., Inc., 85,000 shares of common
Purpose, general funds.
Price, $26 per
share.
Offered by Goldman, Sachs 6c Co.; A.
C. Allyn
and Co., Inc.; American Securities Corp.; Bacon, Whipple
6c
Cor, A. G. Becker 6c Co., Inc.; Blyth 6c Co., Inc.;
Central
Republic Co. (Inc.); Clayton Securities Corp.;
Paul H. Davis 6c Co.; R. S. Dickson 6c Co., Inc.; Clement A.
Evans 6c Co.,
Inc.; The First Boston Corp.; Morris F.
Fox & Co.; Glore, Forgan 6c Co.; Hemphill, Noyes 6c Co.;
Johnston, Lemon 6c Co.; Kalman 6c Co., Inc.; Kidder,
Peabody 6c Co.; Kirkpatrick-Pettis Co.; Loewi 6e Co.;
stock
hui, i*oyes & Co.; K, H, Rollins 66 J3ons; Shields & Co.;
First California Co.; Hornblower 6c Weeks; Riter 6c Co.;
■
1,063,200 General Outdoor Advertising Co., Inc., 44,300 shares of
common stock
(no par).
Price, $24 per share.
Offered
' [
by the company.
•
4,500,000 Family Finance Corp. 90,000 shares ot 4Va%
preference
stock
(par
convertible
Purpose, refunding ($3,993,940); cash funds ($506,060).
Price, $55 (flat).
Offered
In exchange for
outstanding $1.50 cumulative preferred
stock, series A and B. • Unexchanged Ehares offered by
E. H-. Rollins & Sons, Inc.; G. H. Walker 6c
Co.; Blair 6s
Co., Inc.; Hayden, Stone & Co.; The Milwaukee Co.; Riter
6c Co.; Hayden, Miller &
Co.; Stroud 6s Co. Inc.; Whiting,
Weeks
Stubbs; Courts 66- Co.;' Cruttenden 6s Co.; The
and Co.; John¬
& Co.; Barrow, Leary & Co.;
Mason-Hagan,
Inc.; Straus & Blosser; H. P. Wood 6c Co.; Wyatt, Neal 6e
Waggoner; Johnson, Lane, Space and Co., Inc,; Reynolds 6s
Co., and .Goldman, Sachs 6s Co.
.
Lemon
refunding.
'
stock
.
Corp. (111.) 60,000 shares of class A common
(par $1).
Purpose," additional working capital.
Offered! by Daniel F. Rice 6s Co.
'
stock
fund3.
&
Co, 10,000 shares of 4% cumulative
$100) with non-detachable common
(par
purchase
warrants.
Price,
$101
per
&
Co.;
Prescott
&
Co.,
Inc.;
&
"
R.
t.
of,
10-year ZVa%
bonds, due
refunding.
Price, 100 and int.
Offered by Morgan Stanley & Co.; A. C. Allyn and Co.,
Inc.; A. E, Ames: favea:/ lao4 Auchlncloss; Parker &
Redpath; Bear, Stearns 6c Co.; A. G. Becker 6c Co. Inc.;
Blair 6c Co., Inc.; William Blair 6c Co.; Blyth 6c
Co., Inc.;
Bosworth, Chanute, Loughridge 6c Co.; Alex. Brown 6c
Sons; Central Republic Co. (Inc.); Clark, Dodge 6c Co.;
Julien
Coxlins
&
Co.;
The Dominion Securities Corp.;
Drexel
6c
Co.; Equitable Securities Corp.;
Estabrook
6c
Co.; ■ The First Boston Corp.; First of Michigan Corp.;
Folger, Nolan Inc.; Goldman, Sachs 6c Co.;
Harriman
Ripley 6c Co., Inc.; Harris Hall 6c Co. (Inc.); Hayden,
Miller 6c Co.; Hayden, Stone 6c Co.; Hemphill,
Noyes 6c
Co.; J. J. B. Hilliard 6c Son; Hornblower 6c Weeks; W. E.
1,
Commonwealth
1956.
Purpose,
-
Dean
a|r.jV
Young, Weir, Inc.; Merrill Lynch, Pierce, Fenner 6c Beane;
S. Moseley 61
Co.; Paine, Webber, Jackson 6c Curtis;
W. Pressprich & Co.; E. R. Rollins 6c Sons Inc.; L. F.
Doolittle, Schoellkopf
Rothschild
Tra
™Sutro
K
Co.;
Salomon
Bros.
Hutzler;
&
I *
'
5,C"r-.' V<
/
?i
'
y X V
n • % 5C
,
per share.
Dillon
Offered by F.
65
Eberstadt & Co.,
common
stock
Price, $16.75
Inc.; Eastman
V
<
Spring Corp. 65,000 shares of common stock
(par $10).
Price, $30 per share.
Offered by Lee Hig¬
ginson Corp.; Smith, Barney 6c Co.; Eastman, Dillon 6e Co.;
Goldman, Sachs 6c Co.; Stone 6c Webster Securities Corp.;
Estabrook 6c Co.; Paine, Webber, Jackson 6c
Curtis; Putnam
6c Co.; Chas. W: Scranton 6e Co.; Cooley 6c
Co.; E. T.
1
'
&
Andrews 6e Co.; McDonald 6c Co.," Neergaard, Mil.er 6s
Co.;
Spencer Trask 6c Co,; Fahnestock 6c Co.; Hincks Bros. 6s
Co.; Stix & Co.; Ferris & Co., Inc.;
Bingham, Walter 6c
Hurry; Gordon Meeks & Co.; Spencer Trask &
Co.; Peters,
Writer
,,
; >
.
■
,,
Christensen; Inc.; A. M. Kidder
iSn.y & Co-; Lester & Co.; The
&
Co.;
Co., Inc., and Johnson, Lane, Space and Co.* Inc.
Tucker,
Ohio Company; Mead,
Miller & Co.; E. W. Clucas 6s
Co.; Morgan & Co.? Sutro 6c
Co.; Withcrspoon and Co., Inc.; Chace, Whiteside & War¬
ren
.
&
575,000 Butler's,
Price,
,
Bottling
stock
Price, $1
Co.,
mon, stock
(no
Inc.
(par $1).
per share;
65,214,300 Montgomery Ward
&
(Wis.), 280,150 shares of
Purpose, purchase of machinery,
'Offered by Heronymus 6s Co. '
Co.,
Irtc^l.304,286
shares
of
•
Ball,
&
Kraus;
J.
Barth
&
Co.;
Co.; ,Cohu
duPont
6c
Co.;
&
Torrey;
Allen
Granbery,..Marache
Stone
»»-^rsch
6c
Co.;
6s
Frledrichs
Co,;
and
6c
&
Cruttenden
Ewing &
Lord;
Hemphill,
Co.;
&
Co.;
6c
Co.;
&
Co.;
Weeks;
Hft
6c
Francis
Co.;
Curtis;
Co.;
Dickson
Price,
$40.50
&
Co.;
H.
:
W.
C. Langley 6c
Labouisse,.
and
Co.,
Cp.; Alex. Brown 61 Sons; Paul EL DavirAr
Johnston, Lemon 6c Co.; Blair 6c Co., Inc.;
Murch
Co.;
The
Carl
Singer,
i
„
6c
•
Co.;
Allen
6c
Co.;
Milwaukee .Company;
M.
Loeb,
Deane
Reinholdt
Staats
»
,
Courts
6c
Oil & Gas Co. 40,000 scares of common stock
Price, $26 per share. , Originated with Hall¬
garten 6c Co.
*
448 800
Maynard
Co.;
,1.
Piper,
Newhard,
Cook
&
6c
Co.;
6e
Scribner;
Gardner;
Weil
Monell 6c Co.: R.
6c
M.
Kirchofer
I. M.
Co.;
6e
Mason-Hagan,
Horner
Arnold,
Simocr A;- Co.;
6c
'ft-
Trust Co. of
-
Inc.;
Staats
WiUiaxn' R,
Inc.;
Mlnsch,
'
r
i
.
Co.;
Henry
Co.;
Carter
Kalman
:
v ;
6c
Weeks;
Loewi 6c Co.;
.
H.
6e
Lincoln, Nebr.; David A. Noyes 6c Co.; Wm. R.
Nicolaus 6c Co., Inc.; Julien Collins 6c
Dahiberg 6c Co.; Garrett-Bromfield 6c Co.;
Stifel,
Harrison
Co.,
Inc.;
Co.;
6c
Lester
stock
,'1
'
Telecommunications,
(par $1).
field 6c Co.
Price, $13
Inc.,
per
Dayton
Holley,
shares' of "capital
$26,276,816
Offered by Little-
~'Indicates
tlndicates
r
issues
special
1
placed privately,
offering.
»•»
Gernon;
^
■
2,000
share.
6c
Pacific Co. of Cali-
Co.;
6c
fornia, and Sterix, Frank & Meyer.
'•-vV-X.::
26,000 Finch
;
Walston, Hoffman 6c
Goodwin; Watling, Lerchen 6c Co.; White, Weld 6c Co.;
Wisconsin Co.; Nelson Douglass 6c Co.; The First
The
Co., and Julius A. Rippel,
Inc.
Trane!Co. 13,600 shares of common stock (par $2). Price»
$33 per share.
Offered by Cruttenden 6c Co.; Lehman
Brothers: A. C. Allyn 6c Co., Inc.;'Paul H. Davis 6c Co.;
Hornblower
Co.; i
4
Inc.;
Kohlineyer!
Offered by Charles A.
'M
tl 040,000 Shamrock
\ ;-■■'■■■
! (par; $1).
-Co.;:
Jaffray 6c Hopwood; Yarnall & Co.; Kebbon, McCormick 6c
I.
Co.;
$2.50 per share.
840,000 Seismograph Service Corp. 70,000 shares of common stock
(par $1).
Price, $12 per share.
Offered by Paul HvDavis & Co.; Boettcher and Co.; Cruttenden 6c Co.; First
T
California Co., Inc.; Kidder, Peabody 6c Co.; Lester 6c Co.;
Merrill Lynch, Pierce, Fenner & Beane; Newhard, Cook 6s
!■
!
Co.;" Piper, Jaffray 6c Hopwood; Wm. C. Roney 6c Co.;
Stein Bros. 6c Boyce, and Straus 6c Blosser..
first -preferred
share.
Offered
by
per
Price,
Co.
Corp.; 'Watling,;; Lerchen 6c. Co.; The Wisconsin.
Co.; Dean Witter 6c Co., $nd Harold Er Wood & Co.
6c
2,450 - shares - of
A.-' G. Becker & Co: Inc.;
Dean Witter 6c
Hayden,
Hentz
Howard,
Johnson,!Lane, Space
Freres
!
''
Co.;
Co.; A. M. Kidder 6c Co.;
Lazard
S.
Yarnell
-
Bear,
Goodbody 6e Co.;
Hallgarten' 6c
Noyes
Hornblower &
Johnston, Lemon
Newtmrger
G.
R.
and
-
(par $1).
(Thomas' A.), Inc.,110,000 shares of class B
stock (par $3.33%).
Price, $22 per share.
Of¬
fered
by Riter 6c Co.; Hemphill, Noyes 6c Co.r Merrill
Lynch,' Pierce, Fennef 6c Beane; Paine, Webber, Jackson 6e
Stearns 6c Co.; A. G. Becker & Co.
Inc.; Burnham & Co •
Central National Corp.; E. W. Clark
& *Co.;
Jacques Coe
&
by
Co.,
common
by Lehman Brothers; Abraham &
Co.;
Parker and Redpath; Bache
Burge
Offered
6c
Securities
stock
common
2,420,000 Edison
com¬
;AtwiU and Co.; Auchlnclbss,
Co.;
of
■
par);'
per share/. Offered
Corp*
stock
(no par).
Boettcher 6c Co.
•
Purpose, general resources.
Price,
$50 per share.
Offered fofc subscription to
stockholders. :
3,825,000 National Airlines; Inc., 150,000 shares
of common stock
(par $1).
Purpose, purchase of new planes, ft
Price, $25 50
&
share.
per
99,225 Denver Tramways
280,150 Kool-Aid
common
50,000 shares
Co.; Courts 6c Co.; Clement A. Evans 6c Co., Inc.; Johnson,
Lane, Space 6c Co., InCi; And Rauscher, Pierce 6s Co.
Inc.; Wagenseller & Durst, Inc.; A. E. Weltner &
Co.;
Company, and JBatenian, Eichler & Co. .ft '
Boucher and
etc.
Inc.,
$11.50
Dulles
2,017,600 Schuster (Ed.) & Co., Inc., 77,600 shares of common stock
(par $10).
Price, $26 per share.
Offered by Goldman,
Sachs 6c Co.; A. C. Allyn and Co., Inc.; American Securi¬
ties Corp.; Bacon, Whipple 6c Co.; A. G. Becker & Co. Inc.;
Blyth 6c Co., Inc.; Central Republic Co. (Inc.); Clayton
Securities Corp.; Paul H. Davis 6c Co.; R. S. Dickson 6c
Co., Inc.; Clement A. Evans 6c Co., Inc.; The First Boston
Corp.; Morris F. Fox 6c Co.; Glore, Forgan & Co.; Hemp¬
hill, Noyes 6c Co.; Johnston, Lemon 6c Co.; Kalman 6c
Co., Inc.; Kidder, Peabody 6c Co.| Kirkpatrick-Pettis Co.;
Loewi 6c Co.; Merrill Lynch, Pierce, Fenner & Beane; The
Milwaukee
Co.;
Pacific Northwest
Co.;
Paine, Webber,
Jackson 6c Curtis; Piper, Jaffray 6c Hopwood; E. H. Rollins
6c Sons, Inc.; .Stern Brothers 6c
Co.; Stone & Webster
'
$1,950,000 Associated
Mitchum, Tully & Co.; Boenning & Co.;
Loewi & Co.;
Hawley, Shepard & Co.; Revel Miller & Co.;
First California
Company; Prescott & Co., Inc.; Doolittle,
Schoel.kopf & Co.; Branch, fcabell & Co.; Newhard, Cook
Wurts,
525,000 Reporter Publications, Inc., 150,000 shares of common
stock
(par 50c), - Price/ $3.50 peri share.
Offered by
Newburger 6c Hano, and Kobbe, Gearhart 6c Co.
Issues Not Representing New Issues
Co.;
I
(par $1).
Parcells 6c
"■
%
,
Co.;
Schoellkopf,
.
.
6c
50,000 Rees (Mackworth G.), Inc., 20,000 shares of common stock
...
Hutton 6c Pomeroy, Inc.; Shields 6c Co.; William R. Staats
Co.; Swiss American Corp.; Spencer Trask 6c Co.; Tucker,
Anthony 6r. Co.; Union Securities Corp.; G. H. Walker
& Co.;
White, Weld 6c Co.; Whiting, Weeks 6c Stubbs;
The Wisconsin Company, and Wood, Gundy 6c
Co., Inc.
-
'*
&
Witter
6c Co. :
.
F.
R.
k & Co.;
Peters* Writer 6s Christensen, Inc.; A. M.
Kidder 6s Co.; Tucker,
Anthoriy 6s Co.; Ames," Emerlch 6s
Co., Inc.; Lester & Co.; The Ohio
Company;
1,172,500 (Walter E.) Heller & Co. 75,000 shares of
(par $2).
Purpose, general working funds.
■
,
Dunn,,
,
6c Co.; The Illinois Company; Kalman 6c Co., Inc.;
Kidder, Peabody & Co.; Kuhn, Loeb 6c Co.; Laird, Bissell
& Meeds;
Lazard Freres 6c Co.; Lee Higginson Corp.;
Lehman Brothers; Laurence M. Marks 6c Co.;
McLeod,
Co.; Branch, Cabell 6c Co.; Newhard, Cook 6c Co.:
Kirchofer & Arnold, Inc.; Stix &
Co.; Ferris & Co., Inc.;
Bingham, Walter & Hurry; Gordon Meeks & Co.;
Spencer
Mead, Miller
& Co.;
Chace, Whiteside 6c Warren, Irvs.;
Wagenseller & Durst, Inc.; A. E. Weltner &
Co.; Boettcher
anu
Company; Laird, Bissell & Meeds,
and Bateman,
Eicnier & Co.
- '
Charles
Hutton
*
Purpose,
general
working
share and divs.
Offered
by
F. Eberstadt &
Co., Inc.; Eastman/Dillon 6s Co.; Mitchum,
Tully <fe Co.; Loewi 6c Co.; Hawley, Shepard 6c
Co.; Revel
Miller
by
f-.'/.
Aug,
Price, $3 per share.
preierred
Offered
Other Foreign Government
i
$20,000,000 Australia,
(see foregoing).
1,000,000 (Walter E.) Heller
Price,- par.
agent, New' York.
fiscal
Finance Corp. 25,005 shares- of common stock
(par $1).
Purpose, cash funds.
Price, $23.50 per share:
Offered by same bankers as offered the
preferred stock
shares
Issues
Intermediate Credit Banks 1% consolidated de¬
bentures dated Sept. 3, J946, due June 2, 1947. Purpose,
'
587,500 Family
180,000 FUmack
and Government Agency
$32,920,000 Federal
66
Robinson-Humphrey Co.; Harold E. Wood
ston,
Farm Loan
$50).
s
J,
'-■V,
Volume 164
*
~
III ! General Corporation and 131
Investment News
Black,
Sivalls
*
Co., Inc. are offering 20,000 shares of
preferred stock at par ($100).
Calif.
City
*
^
(Mo.i.
»
20,000 shares of preferred stock' now offered, and also the
snares of common stock registered under the registration
statement
and proposed to be offered by i separate prospectus, are
owned by P. 8, Yantis & Co., Inc. and H. M. Byllesby & ,Co.
100,000
the
be
used
F.
(Maine).
Inc.,
This
S.
-
of
be
Oct.
SUMMARY
Years'
1936
$3,3! 0,089
4,440,997
-
1937
1938
1939
—
____
1940
3,780,712
3,435,921
3,303,891
6,190,054
8,614,683
10,717,531
11,716,906
10,465,107
2,407,509
—*
—
——
_
1941
•
1942
&
i
1943
1944
1945
(4 mos.)
1946
on
will
Wholesale
sale3
Retail
from
company
basis
of
of
one
50 %
a
300,000
share
Net Profit
Net Profit$467,904$103,454
366,173
87,066
529,438
96,200
521,103
92,543
545,585
130,538
1,207,702
715,688
1,539,947
1,052,440
1,622,367
1,072.016
1,445,933
1,000,851
1,190,627
328,478
^
,
'
1
\
f
Authorized ;,
20,000 shs.
300,000 shs.
-
pfd. stk. (par $100)
Common stock (par $1)__
_
and 2%%K
1947 to
funded debt—notes (2%
maturing serially July
•
29,
;
July 29, 1956
s:
$1,000,000
-
———_
f
5
applica¬
The
EUSINESS—Company,
&
class
B
close
Balance
owner
At
Earned
—v.
the
on
Dividend—
■
P-'P P'•
.'•/•PA'A-A.
yr'A
•
:
to
a
limited
resignation
of
time
the
board
announced
the
-
officials
Company
to
the
say
company
this
to
and
action
the
clears
provide
way
funds
new
for
to refund tho
advantageous
the expansion
program.—V. 164, p. 1079.
-
300,000shs.
.
'
;
$1,000,000
Manufacturing
Brunner
N. Y.—Registers
Co., Utica,
With SEC—
company on Sept. 13 filed a registration statement with
180,185 shares ($1 par) common.
Underwriters, George
The
SEC
to consumers in
Black In
of the gross sales of the company have been made
such other industries.—V. 164, p. 678.
Blumenthai (Sidney) & Co., Inc—Registers With SEC.
The
company
for
SEC
119,706
Aug. 30 filed a registration statement with the
shares (no par) common and subscription warrants
on
30,000 shares thereof. Stock will be offered for subscrip¬
common stockholders
at $10 a share on basis of one share
relating to
to
tion
for
each
for
two
held.
shares
Proceeds will
offered.
funds
expended
Any
unsubscribed
shares
will
not
be
re-
bemused for reimbursement of company's treasury
in
redemption of 3,907 shares
of
7%
cumulative
preferred on April 1, and for funds deposited in trust for redemption
Oct. 1 of remaining preferred shares.
Issue not underwritten..
«n
Stock Increased—Offering Delayed—
,
f The
stockholders on Sept. 19 voted to increase the authorized
stock, not par value, from 250,000 shares to 500,000 shares.
common
corporation, on Sept. 23 advised the New York Curb Exchange
that the Sept. 23, 1946 record date of its offer to holders of no par
common stock to subscribe to
one additional share of common stock
for each two shares held at $10 per share has been withdrawn.
"If and when the offering is made the record date will be the same
date on which the registration statement becomes effective.—V. 164,
The
p.
1078.
Bond Stores
for
PeriodEnd. Aug. 31—
Sales
194&—Month—1945
'
$6,088,722
—V. 164, p. 822.
-
1946—8 Mos.—1945
$2,445,982 $42,191,716 $28,612,116
2,256,000
100,000
150,000
'
—
$2,065,526
,!•'•* V,
—
1——
$924,206
259,700
$1,840,526
$664,506
1,144,806
$1.61
stock
1,144,806
outstanding
share
—
$0.58
■:
"ycy-
416.
p.-
company
on
($100 par) 4%
2,500 shares
$1)
stock.
common
With SEC—
California-Pacific Utilities Co.—Registers
The
company
for
Sept. 6 filed -a registration statement
first mortgage bonds, series B, due
on
of
$1,670,000
with the
1971, and
($20 par)
common.
Underwriters are to be deter¬
mined by competitive bidding.
Net proceeds will be used to redeem
outstanding 3%% mortgage bonds of Eastern Oregon Light & Power
Co., whose electric properties were recently acquired by the company;
to
pay off
short-term indebtedness and to reimburse its treasury
for previous expenditures.—V. 163, p. 1420.
•
shares
33,610
Cambridge Electric Light Co.—Note
The
company's
the
R.
Issue Approved—
joint application with its parent, New England Gas
under which Cambridge plans to sell $3,338,000
to First National Bank of Boston has been approved
Electric Association,
to
its
the SEC. Proceeds would be
2%
notes
used for additions and betterments to
SEC, also approved purchase by New
The
properties.
Cambridge's
number of shares of Cam¬
application of the pro¬
163, p. 1722.
7
England from Cambridge of an unspecified
capital
bridge
stock
for about $490,000, and
note indebtedness,—V.
of
reduction
to
ceeds
Canadian Indemnity Co. of
Winnipeg, Canada—Stock
4
Split-Up Approved—
.
<
Committee at Ottawa, Ont., Canada, has ap¬
giving this company and the Canadian Fire Insurance
Co. authority to amend their acts of incorporation and split their capi¬
tal stock shares; t4t was reported on Sept. 24.*^
f ,s , ' ' *
The stock split'lowers the par value of one' eompany's shares from
$100 to $10 and of the other from $50 to $10.—V. 135, p. 2836,:-v..;
proved
plan
a
v"
Inc., Albany, N. Y., and Mohawk Valley Investing Co.,
Inc., Utica.
Of the total, 110,000 shares will be offered publicly and
the remaining 70,185 shares will be offered in exchange for 23,395
shares of class B common of American Gas Machine Co., of Albert
Minn., on the basts of three shares for each class B share.
Price,
$10.25 a share.
Net proceeds will be used to redeem the
outstanding class A common shares of American Gas and the out¬
standing preferred stock of Brunner.
Business, manufacture of com¬
mercial refrigeration condensing units and air compressors.—V.
164,
Lea,
p.
'V-'*?1'1",
**
KM St'V-^V
,•
••;
^
-
Canadian Pacific Railway—Earnings—
part of a long-range program
Expand Facilities
of the Niagara Hudson System to
keep pace with the growing demands for power, A. T. O'Neill, President,
announced on Sept. 14 the decision to construct a $9,000,000 addition
R.
Charles
Huntley
steam
electric
generating
station
at
Buffalo, N. Y.\ A A
unit, which Mr. O'Neill said is scheduled to be in
service at the corporation's River Road plant by December, 1948, will
add 80,000 kilowatts of rated capacity to the company's 60 cycle
The
power
new
generating facilities.
Already one of the largest and most efficient steam electric gen¬
erating stations in the world, the Huntley Station will, upon com¬
pletion of the added unit, have an installed capacity of 625,000 kilo¬
watts.
While the new unit will be rated at 80,000 kilowatts, actually
it will be capable of producing about 100.000 kilowatts
Invitations to bid for the Job of manufacturing and installing the
generator and the elaborate equipment that goes into an electric
generating unit have been sent to the largest manufacturers of steam
turbo-generators in the country.-—V. 164, p. 823.
Buff on ta
SEC—
.7
:
Ltd., Toronto, Can.—Registers With
Mines
company
for
on
1,000,000
(American currency).
mining properties.
Proceeds will be used for development
of gold
Burgess-Norton Mfg. Co., Geneva, HI.—Registers
With
SEC—
Sept. 23 filed ft registration statement with the SEC
($5G par) 5% cumulative preferred and 120,000
shares ($2.50 par) common.
H. M. Byllesby and Co. (Inc.), Chicago, is
underwriter.
Of the total common, 110,000 shares are issued and out¬
standing and being sold by stockholders.
The remaining 10,000 shares
are
reserved for issuance upon the exercise of warrants attached to
the preferred being offered.
Company will use its proceeds to reim¬
burse its treasury for purchase of machinery and equipment at a cost
of $98,386 and toward payment for a new building being constructed
by the company at an estimated cost of $223,700.
Any balance will
be used for purchase of additional machine tool equipment.
The company on
for
10,000
shares
Burlington, Cedar Rapids & Northern
Ry.—Deposits—
protective committee for the consolidated first mortgage 5%
bonds, due April 1, 1934, has reported to the SEC that as of July 21,
last, $3,200,000 of the bonds were on deposit with the committee. This
is a decrease of $1,112,000 from July last year.
Total amount of the
securities outstanding is $19,405,000, of which $11,000,000 is in the
hands of the public.
The remaining $8,405,000 is pledged under the
v. mortgage securing Chicago, Rock Island to Pacific Ry. Co. first and
refunding 4% bonds, due April 1, 1934.—V. 82, p. 1040.
The
Burlington Mills Corp.—Extra Dividend of 25 Cents—
directors on Sept. 25 declared an extra dividend of 25 cents
per
share on the outstanding common stock,. payable Nov,, 15 > to V
The
>
.!•<'*»'■
'
dividend of 25 cents per share on the common
payable Dec. 2 to holders of record Nov. 7. Declara-^
two dividends will bring the total on the present stock
The regular quarterly
was
basis
of
to
1,490,129
these
$1.17%
paid
during
the
calendar
year
compared with
stock split-ups.v
1946,
67% cents for 1945 after adjusting the shares for the
28,977,744 163,509,841 183,705,958
25,081,660 154,058,309 162,589,846
9,451,532
3,896,114
earning- $6,219,000
Traffic
$5,504,000 $5,779,000
$6,369,OOQ
Week Ended Sept. 21—
earnings
Traffic
—.:
164, P. 1199.
—V.
1945
1946
1945
1946»
21,116,112
Week Ended Sept. 7
Week Ended Sept. 14
1946'
$6,196,000
'
1945
$6,174,000
Cape & Vineyard Electric Co.—Plans to Sell Stock—
company. has petitioned the Massachusetts
Department of
Utilities for approval of an issue of 3,000 additional common
shares, $25 par value, to be sold at $50 a share, the proceeds to bo
used for partial payment of $161,250 of outstanding notes.—V. 160,
•
The
Public
p.
323.
Cardiff Fluorite Mines
Frank P. Hunt,
and transfer agent,
Toronto, Canada.
Registrar
Ltd. (Canada)—Stock Offered
400,000 common shares
Rochester, N, Y. is offering
Capital Trust Corp., Ltd., 21 Rich*
mond St. W„
'
,
incorporated under the laws of the Province 01
Ontario, Canada, by letters patent dated September 9, 1943.
Its
principal business office is located at Room 407, 26 Queen Street E.,
The
company
was
.
.
.
,
the company is to explore for
also known as Fluorite, and if exploration and
development work reveal a sufficient tonnage of commercial grade
fluorspar ore, to erect a beneficiating plant; after which the business
will be the mining of Fluorspar ore from its properties and extracting
therefrom a Fluorspar concentrate running 85%
CaF2, (metallurgical
grade), 95%
CaF2 (ceramic grade) or 97%% CaF2 (acid grade)
which ever can be most efficiently produced.
If the said exploration
and development work does not disclose sufficient tonnage of com¬
The
the
business
intended to be done by
mineral Fluorspar
erection of a beneficiating
production.
/■
if and when it is in production
to make an acid grade concentrate running 97 % %
CaF2. Diamond
drilling and surface work on the company's properties has indicated
the presence of three deposits of Fluorspar ore.
These are known as
North Godfrey, Burnt River and New Find. Two tests have been
at the Government Laboratory in Ottawa on a 540 and 100 pound
sample of ore taken from the Burnt River deposit.
These tests indi¬
cated that an acid grade concentrate can be produced.
CAPITAti SECURITIES AS OF MAY 13, 1946
Authorized
Outstanding
mercial grade Fluorspar ore
to warrant the
plant the company may never go into
The objective of the company will be
stock (par $1)____—
Common
not include 400,000
♦Does
P. 3129.
.
.
shares
2,000,000 shs.
presently being offered.—V. 163,
'v.;.
'
Cartonic
Corp.—Formed Under
'7,; See Perfect Circle
Co. below.
-;.
Reorganization
"J,
,
America—Stock Increase and SplitUd Approved—New Assistant Treasurer Elected—
The stockholders at a special meeting held on Sept. 19
^
ingly voted to increase the authorized number
from 2 500,000 to 7,500,000 and to change each share of Pre®®^y
outstanding common stock into 2% ^ares «f jew common stock
Approximately 2,200,000 shares were reported to be outstanding befor
A Celanese Corp. of
also declared,
tion
22,568,107
-
I
Toronto, Ontario.
:V
Sept. 12 filed a registration statement with the
shares $1 par (Canadian currency) common.
Un¬
derwriter, George P. Jones Co., Inc., Buffalo, N. Y.
Price, $1 a share
The
SEC
expenses
Net earnings
Period—
Buflald Niagara Ektetrlc Corp.—-To
As
24,058,236
earnings
Working
1946—7 Mos.—1945
1946—Month—1945
Period Ended July 31—
Gross
1079.
holders o£ record Oct, 21.
Co.—August Sales Increased 148.9%—
».
Cooley to Co.,
to- the
1893 until the fiscal year ended Dec; 31, 1940, approximately 90%
of the company's products were sold to consumers In the crude oil
producing and refining industry. Due to the company's recently
inaugurated diversification program, the company is currently selling
only approximately 75% of its total products to! such producers and
refiners in the oil industry.
Company has found, a market for its'
standard products in the automotive, paper, railroad, and agricultural
industries. During the nine-month period ended June 3,0,
1946, ap¬
proximately 25%
1945
$3,280,206
1,356,800
225,000
for common
The Commons Banking
i
Outstanding
20,000 shs.
by Mr.
1946
$3,572,326
,
payments
by
H.—Voting Trust Continued—
certificate
trustees.
a
company's "business
78,332,209
Robert
which will be reserved for issuance
key management employees.
same
.
of the
$
10,399,157 101,111,695
'.'"V.\'1y
of
established a business to supply wooden tanks
oil by the then young oil producing industry.
partnership was formed eventually consisting of A. H.
Black, Edward Black, James A. Sivalls and W. G. Bryson. This
partnership continued to supply certain of the oil producing and re¬
fining industry's requirements. In Dec. of 1916, this partnership in¬
corporated its business as a Maine corporation under the name of
Black, Sivalls & Bryson, Inc.
Inception
164,
SEC
holders, representing. both preferred and common
stocks, on Sept. 16 voted to continue until Oct. 1, 1951, the voting
trust agreement under which directors are elected by three voting
Bryson,
the
~
Sept. 3 filed letters of notification with the SEC
cumulative preferred and 1,000 shares
Offering price, $10C a share for preferred
and $1 for common.
It is contemplated that all of the preferred shares
will be taken by oificers, directors and tneir associates.
The common
shares are being offered by closed permit to named purchasers.
Pro¬
ceeds will be used for commencing taxi cab business in Los Angele3.
Sept.
Brown Co., Berlin, N.
The
a
from
1
Cabs, Inc., Los Angeles, Calif.—Files With SEC—
Moulton, who had been a director of the corporation for 20 years.
Charles S. Thomas, President of Foreman & Clark, Inc., was elected
a director to fill the vacancy.—V. 162, p. 2812.
In 1883 A. H. Black
1901
$
67,163,209
11,169,000
A
preferred dividends—.
available
per
The
for
H.
for the storage of crude
In
pro¬
a
Mutual
88,383,247
12,728,448
income...
on
\ '
;
shares
Common
of business*
outstanding
for each two
common,
number of
all the outstanding capital stock of Black,
Ltd., of Alberta, Canada and is also the beneficial
of all of the capital stock of Connor Tank Co. (Dela.).
to
on
1946—8 Mos.—1945
''
4
contingencies—
'-i V1' 'Vr
taxes
Preferred dividend
3 authorized the calling of a special meet¬
ing of stockholders for Oct. 8, next, to vote on a proposed increase in
the authorized capital stock for a three-for-one split'of the common,:
and for the creation of a new class of stock to be designated as
owns
company
Sivalls
••
Federal taxes
Federal
Profit before
on
The Directors
Delaware corporation, owns
and conducts the business which was formerly owned and conducted
by Black, Sivalls to Bryson, Inc., (Maine), as the result of the pur¬
chase of all
of the capital stock of the Maine corporation by the
A. J. Smith Corp. and the subsequent merger
(on July 29, 1946) of
the Maine corporation into the A. J. Smith Corp.
HISTORY
••
I
'
r
before
for
:
'
cumul.
1,810,277
15,094,334
L
•
for
Prov.
Up—New Director Elected—
CAPJTALIZATION-^The capitalization of the company (including
the preferred
and common stock registered under the registration
statement) as of July 29, 1946 was as follows:
4.25%
$
9,022,183
1,376,974
stock dividend.
:/<yyy-y. ...O
*421,074
200,773
127,705
1946—Month—1945
13,284,057
______
:
.
s
Broadway Department Store, Inc.—Plans Stock Split-
$364,450
279,107
433,237
428,560
415,046
492,014
487,507
550,351
445,082
769,553
7
Cosmopolitan
to
.
terms
Taxes on
Income
meeting Jan.
EARNINGS FOR SIX MONTHS ENDED JUNE 30
Earnings
have
directors
per
annual
company
as
share
additional
;
Chicago—August Sales Higher—
sales
[»r'
.
of
record at the
stockholders of
the
Change in
—
"
$5 par
a 50%
stock dividend.
directors to Increase the
shares to 450,000 shares.
The
issued
be
the
of
vl& -V
\
Combined sales
.
declared an initial quarterly dividend of *7%
the capital stock, payable Oct. 1 to holders of
record Sept. 16.—V, 164, p. 1078.
,
The
cents
on
77;;:-:/
$
List Shares—
the board
by
at
vote
name
.-.ck;-:1-
>.•.
552.
p.
will
the
Co.
Vv
;
present Reconstruction Finance Corporation debt at more
<>
change
Peroid End. Aug. 31—»
v
together with other funds, will
subordinated note in the principal
accrued interest.—V. 164,
which
issued to
a
form
per
share
164, p. 678.
.
Butler Brothers,
|
proceeds,
British Industries Corp-—Declares Initial
and A. J. Smith
of
H
to
(par
EARNINGS
OP
»' Net Sales
Cal.
25,
per
SEC—
registration
a
S. A. Strickland, President, has advised stockholders that this "will
bring into better balance the relation of fixed assets to capital, as
approximately $750,000 will have to be expended in 1946 to enlarge
the company's manufacturing facilities."—V. 164, p. 1327.
aggregate price of $5,231,739.
an
Net
being taken
the
statement,
stock at
filed
10
company's 2%
stock
is
will
preferred
tion
capital
action
in the
stock and the common stock covered by the registra¬
A. J. Smith and associates and P. S. Yantis & Co.,
Inc.. will own 200,000: shares; of the company's common stock represeating 66% % of the voting control. (approximately 50% of which
is owned by F. S. Yantis & Co., Inc.); these shares were acquired by
said persons on April 10, 1946, at $5 per share, or a total investment
of $1,000,000.
The 100,000 shares of common stock proposed to be
offered by separate prospectus at the initial public offering price of
$12.50 per share, or a total initial public offering price of $1,250,000,
represent one-third of the voting control of the company. As a fur¬
ther result of the reorganization and merger, A. J. Smith and asso¬
ciates and P. S. Yantis to Co., Inc. will, based upon the initial public
offering price of the common stock proposed to be offered, have an
aggregate unrealized profit of $1,494,720. At the time of the organiza¬
tion of the A. J. Smith Corp. and the acquisition of 200,000 shares
of common stock at $5 per share by A. J. Smith and associates and
F. S. Yantis & Co., Inc., the A. J. Smith Corp. had no assets other
than the $1,000,000 paid in by said persons for said shares/ Sub¬
sequently the A. J. Smith Corp. acquired all of the business and
property of Black, Sivalls &; Bryson, Inc., the Maine corporation,
through the purchase of all of that corporation's outstanding common
the
the
pay
shares
this note (received
to the purchase of
corporation.
to Co., Inc.
Yantis
promoters
the
were
Sept.
$5,268,750 and
capital
the A. J. Smith Corp. As
a
result of the reorganization and merger of the Maine corporation
into the Av J. Smith Corp. and upon the completion of the sale ot
associates
his
stockholders
posal
The company has informed the Detroit Stock Exchange that
tion
would be made to list an additional
150,000 shares of
COMPANY—Company is the result of the merger on July 29, 1946,
of Black, Sivalls & Bryson, Inc.,
(Maine), into tne A. J. Smith Corp.
(Del.). The A. J. Smith Corp, was organized on April 1, 1946 as si
vehicle
for
acquiring all of the capital -stock of Black, Sivalls &
and
The
162, p. 452,
Bower Roller Bearing Co.—To
value
7.—V.
Name Proposed—
Prov.
of the A. J. Smith
Corp. to P. S. Yantis to Co., Inc. The proceeds of
by the company on April 10, 1946) were applied
shares of Black, Sivalls & Bryson, Inc., a Maine
Bryson.
on
warrants.
to
of
cents
Butchers' Mutual Casualty Co. of N. Y.
from the sale of the
its then corporate name
under
company
company
amount
87 %
preferred stock and 87% cents per share- on
second preferred stock, all payable Dec. 2 to
holders of record Nov.
for
outstanding
stocks now offered will go to the purchasers, P. S. Yantis
to Co.,
Inc. and H. M. Byllesby to Co. The net proceeds from the
sale of
the
preferred stock, and of the 100,000 shares of common
stock, on July 29. 1946, by the company to the purchasers (estimated
at
$2,957,365,
after deduction of estimated expenses in connection
with its issue and sale in the amount of $42,635) were, together with
other funds of the company, used to pay the $4,250,000 note given
:f by
convertible
accrued
to
right
all
eliminate
preferred stock.—V.
$3
statement with the
30,000 shares ($50 par) 5% cumulative preferred stock and
500,000 shares ($1 par) common. Underwriters, Paul H. Davis & Co. and
Stroud to Co., Inc.
Preferred will have non-detachable stock purchase
warrants for purchase of 30,000 shares of common stock.
Of the total
common, 375,000 shares will be offered for sale for cash.
30,000 shares
are
reserved for issuance upon exercise of warrants attached to pre¬
ferred and 95,000 shares
are reserved for issuance
upon exercise of
preferred
■
would
acceptance
the
on
Boston Store of Chicago, Inc.—Registers With
'
OP PROCEEDS—The proceeds
3%%
of
Exchange
The
SEC
The
APPLICATION
the
Casualty
4.25% cumulative
t
cumulative
stock,
preferred
cumulative
3%%
$3
Holders
dividends
tA total of 100,000 shares of common .stock was also registered
t)Ut the public offering of this stock has been delayed.]
The transfer agent and registrar for the preferred stock, and also
of tne common stock is City 'National Bank to Trust Co. of Kansas
•
outstanding
share.
the 4%
on
the
dividend preferred stock, now in arrears $14.75
the outstanding preferred desiring to accept the
* exchange offer have until Oct. 31 to signify by depositing their stock
and letter of transmittal
with American Trust Co., San Francisco,
Bryson, Inc.—Preferred Stock Of- '& Co., Inc. and H. M. Byllesby &
&
S. Yantis
ferea—F.
'•
*
share
special meeting of stockholders has been called for Nov. 8 to act •
upon the proposed recapitalization plan. A new cumulative preferred
stock, $4 dividend series, would be created and offered in exchange
for
(Continued^rom page 1583)
The directors also declared the regular quarterly dividends of $1
(F. E.) Booth Co., Inc. <Nev.)—Plans Recapitalization
A
a
•
1589
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4529
amendment
Sept
20,
changed
to
the
certificate of
each share of
common stock,
pursuant to which
into *2% shares of
Xr'wUl
to
common stock win o
no par value, by tba
additional
issued for
of' V/z
be
wiil
fractional shares.
ex
in
•
Dividend Doubled—Extra
Corp.—Quarterly
Also
\y*.
k
and
^*/V'
r
t
have declared a quarterly dividend «f
dividend of 12 V2 cents per share on
directors
The
share
*
i>\'*y* !|
value, and the usual quarterly dividend of 25 cents per
Ehare on the 5%
preferred stock, par $20, all payable Oct. 31 to
holders of record Oct. 9. . Previously, the company paid regular quar¬
stock,
par
no
terly dividends of 12% cents per share on the common
addition, on July 31, last, made an extra distribution of
share
issue. g
that
on
r
i
\ /
*
<
corporation has
acquired for an amount in excess of
5,000 shares of the common stock of El Rey Products Co.,
owns a roofing plant and felt mill at Lcs Angeles, Calif.
of
America
83.33%
constituting
purchase,
its
finance
To
shares
$1,300,000
Inc., which
Of the outstanding
El Rey, the Celotex company borrowed from
National Bank and Savings Association of Los
the
before
interest
Federal
estimated
the
on
compared
taxes,long-term
for the
income
company's
parent
ended
months
$5,138,095
to
of; last. year.J
period
corresponding
with
-
$4,296,510
■>
July 31, .1945......
....
*
...
,
For. the three: months ended 'Jtdy 3ti consolidated "net. profit* wasr- ~
$1,178,416 compared with $271,093 for the second quarter of last
"
year.Consolidated net profit before estimated income taxes, minority * *
interest and interest on the parent company's long-term obligations
'
amounted
for the second quarter
of this year to $2,088,843 com¬
.
pared
with
$1,823,981
Earnings for
net
profit
...
of
the
the
for
1946
three
Collins
ended
months
include
periods
Oppenheim,
..
.
July
1945.
31,
company's equity
the
in
the
subsidiary in which
the: company acquired a majority interest during the latter part of
1945.
The
1946
earnings do not. however, include a
special and
non-recurring
property
pro/it
resulting
in
used
operation
the
Co.,
&
from
of
Inc.,
the
by
sale
radio
a
a
subsidiary
a
station.
The
of
*
proportion
.
"
Hosiery Mills, Inc.—Initial
Chadbourn
.
cents
Dividend---
directors have declared an initial quarterly; dividend of
share on the preferred stock and a dividend of 25
The
■;
of
SS1/*
profit
to
•
$877,402 and has been carried to earned surplus.—V.
cents
1 to stockholders
per
per share
of record
the common stock, both payable Oct,
Sept. 21.—V. 164, pp. 419 and 5.
on
the company announced that it had acquired the
Cleveland, Ohio, maker of asphalt shingles and
roofing and siding products.
Last month, the purchase of the asphalt
roofing plant of Barber Asphalt Co., located at Madison, 111., was also
announced.
A felt mill at Avery. Ohio, also has been recently added
to the Celotex plant.—V. 164, p. 1199,^7^'
- •
Aug
Chase Candy Co., St. Joseph,
transaction applicable
,Period End. Aug. 31-—
Revenue
Mo.—Registers .With SEC
to
City
Stores
amounted
164, p. 1205. '-J
Co.
Cincinnati Street Ry.—Earnings—
>
;
,
this
on
Corporate
17 1946,
Weaver-Hall Co. of
On
profit
and
amounted
six
1205.
$31 So. LaSaile St., Chicago, III.—V. 164, p.
the Bans, of
Angeles $1,-
which bears interest at 1%%, matures July 30,
1947.
It is payable on Nov. 30. 1946, or thereafter, \
>(
This money,
"together with other funds of the corporation
was
used by Celotex to purchase the controlling interest in El Rey.
The
transaction Is described by Celotex as one of a series of steps con¬
cerned with full acquisition of El Rev.
lean,
The
300 000
net
interest
obligations
outstanding. 3V4% sinking fund -debentures due Aug. 1,
for redemption on Oct. 25, next, at 104 and
Interest..
'' ■■■■,.-.X
?.'■■■
w
'
^
Immediate
payment of the full redemption price,
together with
interest to Oct. 25, 1946, may be obtained at The Chase National Bank
of the City of New York, trustee.
11 Bread St., New York, N. Y.,
or
at Continental
Illinois National Bank & Trust Co. of Chicago,
^
Further Expansion—
for
share
per
Consolidated
been called
have
1959,
The
.
,
cents
minority
the
All of
-
,
Debentures—
Calls 3^4%
52
or
.
stock and, in
25 cents per
*
$831,315*
Pennsylvania and Michigan. In the 1945 fiscal year
the company processed 14,770 bushels
of soybeans and for the first
nine months of the current fiscal year 11,540 bushels.
,.
Consolidated net earnings for the 1945 fiscal year after all charges
and provisions for taxes on income were $1,036,892, and $1,638,922
for the nine months ended June 30, 1946.
;
Ohio, Wisconsin,
the common
extra
an
v
J
7
company
Mass.;
period of eight year*.—V. 164, p. isi '•
Morgan Stanley & Co. for a
Celotex
....
in March. 1945
'
H4
.
had
for plant
The
appointed Assistant Treasurer. He joined
and prior to that was a1^ci^te1d_„^Ith t
Hoge has been
this corporation
•*>*■/PeytonR. H. White 100 %. Controlled—
principal amount of $2,050,000 $nd
contemplated the sale of common stock to proJ
officers of this -coinpany announce that they, have completed
vide funds
expansion In future years but this phase of the **! th<5 purchase from Bankers Securities Corp.; of 1,000 shares of cornfinancing program has been deferred in view of general stock market *>■ men: stock
of R. H.. White Co., when shares represented 10% of
conditions.
.
:
v
*
. the common stock, of ihe-R.,H^ White Corp.
With /the acquisition
The company, one of the three largest soybean; processors in. the . >.°f
shares City Stores Co. now owns 100% of the outstanding
United States, processes soybeans and manufactures
and distributes / «ock pt; R. H. White Corp., -which .operates, the department store;
the derivative products such as- -soybeans oil, soybean*; meal, ' livestock > khown as R» H. v White s in Boston,
and poultry feed,
and other byproducts.
Principal plants .are in :gi
Decatur, Ind.; Gibson City, HI.* and Marion, Ohio, with additional,
Company and subsidiaries repor|; for the six months ended July
feed-mixing units in Harrisburg, Pa.; Alliance, Ohio,; and Madison,
31, 1946, consolidated net profit of $2,460,058, equal to $1.53 per
Wis.
Thirteen retail feed stores are operated in Indiana,
Illinois,'
shake onl/the cdmnma- ^
.
Sept. 20 directed that E*£hange
stock on Bept. 26, 194b, snau oe
New
Wallace W.
•-
»
York Stock Exchange on
the company's common
said -stock distribution,
The
contracts
Scrip.
Sept. 20, 19*8.
the
]
previously ann(n.nced)
25 (instead of Sept. 20, as
shares to holders of record
distribution on Sept.
^Monda^ September^0,di946
FINANCIAL CHRONICLE
THE COMMERCIAL &
1590
—V.
164,
1946—8 Mos.—1945
1946—Month—1945
$60,318
$61,404
$506,031
$486,822
11,109,266
10,107,508
87,328,533
83,586,945
income
passengers
553.
p.
registration statement with the
100,000
Cleveland Automatic Machine Co.—Pays Accumulated
170,000
' shares ($1 par) common. Underwriters are F. S. Yantis & Co., Inc., v Dividends on Preferred Stock, Which Issue Will Be Re¬
deemed on Sept. 30, Next—Merger Approved—To Move
and H. M. Byllesby and Co.
(Inc.), Chicago, and Herrlck Waddell &
Co., Inc., New York.
Common will be offered for subscription at
to Cincinnati—
Central Illinois Electric & Gas Co.—To Increase Capi¬
$10 a share to common stockholders at rate of one share for each
The
talization—To Finance Expansion—
on
Sept. 14, 1946, paid a dividend of $87.50 per
company
two shares held of record on Oct.
19.
Shares of common not sub¬
share to holders of $7 first preferred stock, no par value, of record
The stockholder's on Oct. 4 willbe asked to vote on increasing the
scribed for will be offered for sale to officers, directors and employ¬
f Aug. 30, thus wiping out all accruals on the issue to Aug. 30, 1946.
authorized common stock to 550,000 shares from. 400,000, scares, ;.k ees.
The debentures will be offered at iCO and the preferred at
The directors on Sept. 5 voted to retire the first preferred stock
$15 par7^7&i77'
$20 a share.
The common will be offered to. stockholders at $10. a
Sept. 30, next, at $110 per share and deposited $312,027 on Sept. 16
It is contemplated that when and if any additional shares are sold,
share.
Pursuant to
the common stock subscription rights, F.
S.
with the National City Bank of Cleveland, Cleveland, Ohio, for this
stockholders will /be given lights to purchase them on a pro rata . Yantis & Co. will purchase 100,000 shares of the 170,000 shares of
llftSlS#
i ^ 'X ' "t ^
,,1- '
''
'//■«« ' "* ' *
> . '
j
A
common
for investment.
Any of. the remaining 70,000 shares which .-purpose.
The stockholders on Sept. 18 approved the merger with and into
The company Intends to use the "proceedfs for financing a portion'of * are not subscribed for by
stockholders and officers, directors and
Its construction program. • Present plans call for spending $2,000,000
employees will be sold to the underwriters.
Net proceeds, estimated ! this company of LeBlond Engineering Co. of Cincinnati,- Ohio, to
which city Cleveland Automatic will move its plant and offices. In
on' construction before March 1,; 1947.—V. 164, p. 823.
at $5,856,125, will be used to pay the balance of the purchase price,
;
Dec., 1945, Cleveland Automatic has beeen leasing plant space in
amounting to $5,150,000, for acquisition of the candy manufacturing
Cleveland from Thompson Products, Inc., which purchased the build¬
business operated by Clinton Industries, Inc.,
as its national candy
Central Louisiana Electric Co., Inc.—Rights—
ings for a reported $100,000.—V. 158, p. 573.
tfivlsipn - with plants 4nSfc Xouis, Mo* .«n4<;cbiciK^;vTliA^.balancq
The stockholders of record Aug. ,15. were given the right to sub- ;
will be used to redeem its 4%
serial debentures and for additional
scribe for 20,000 shares of common stock (par $10)
on the basis of
working capital.—V. 164, p. 1205.
,
•
*;
Clin'chfield
Coii>.^~Plan^ Cut in Capital?-: ~ V ^
one share
of additional stock for each four shares of common stock
At
the
annual
meeting of stockholders to be held on Oct. I, a
held.
The subscription price was $28.50 per-share.
Rights expired
resolution wll be introduced asking authority to decrease the maximum
Chesapeake & Ohio Ry.—Earnings—
.g- Jtept. 16/;
7:
'
'
The
a
sinking fund debentures, due 1961;
convertible cumulative preferred, and
of 4%
par)- 5%
($20
12 filed
Sept.
On
company
for $2,500,000
SEC
shares
^
,
.
^
^
,
(
#
»
Coai
'
,
Period End. Aug. 31-^' 1945—Month—1943'
to offer the shares of additional common
for by stockholders, but not In any event in
excess of 1,500 shares, for subscription* by the employees, officers and
directors of the company, such subscription to be at a price of $28.50 <
per share.
The unsubscribed shares may be sold for cash by the
company to underwriters.
The company has not entered into any/,
agreement for the sale of the unsubscribed stock and has no assurance <;
that such an'agreement Jill be entered into.
^7
; Skg.
funds approprla^f.
41,763, •
40,390
tions of
income—— •
The purpose of issue of ,theadditionalcommon stock isto provide;
funds estimated at $570,000 (1) for the repayment to Provident Trust i
Balance to surplus._
4,417.986 ^ 2,198,807
Co. of
Philadelphia of $300,000 borrowed for construction purposes,
Earns, per pom; share$0.58 ' !i' $0.29
and (2) for the construction of additions and improvements to the
The
I 1946—8 Mos.—1945
proposes
company
stock
'
authorized
;
stock from $18,000,000 to $15,000,000,
capital
be common
would
stock,
it was. announced
Sept.-24,
on.
all of which
The company
subscribed
not
Dividend—
334,104
*
.
company's plants and properties, including the expansion of customer
utility services.
,
.
- . *.
•Includes
,
record-Sept/ 20. '.An initial distribution of 25 cents per share was
on. this issue on April
1, last, which was followed by. a similar
of
326,759.
r
made
payment on July
17,134,009
$2.23 ?i
$2.28
I:
.
1.—V.
>
«
•
164, p.
i
■
1206.
-
'
'
'
C
:v
*■.
.
'' *
":r
t
-
1
Clyde Porcelain Steel Corp.—Partial Redemption—
adjustment 6f
corporation has; called for redemption on Nov. 1. "next, $15,000
15-year 5J/a%' mortgage sinking fund convertible bonds, due
The
;
of. its
Additional Expenditures
.^-"."-"---7-.^:;..*:,^^
<
'V
1943 tq J943.
profits credit carryback Troiq
excess
.
Sale of Bonds Privately — Company has agreed to
enter into a definitive contract -with John. Hancock ,Mu-
.
16,726,317
partial
for
of i$453,pi5
acckual
credit
a
.
4Q. cents
to hql4ersSf*
-
Authorized^
r;,,^■§ 7 vr.i; Apciivl^';J960, vat;/Pkr;/«n^yintewst.y\:Payment■ wrUlvber madei'Alw^the.:^
has authorized expenditure of $834,000 for, additional , central National Bank of Cleveland, trustee, Cleveland, Ohio,
jr"*"
its car shops at Russell, Ky.. R. Jy Bowman, ^,
Holders of the called bonds may, at their' option, convert thelf*
announced on. Sept. ,23.
The machinery will be used for., bonds into common stock on or before Oct. 16, 1946.—V, 164, p. 274. *
fabricating the steel to be used in repairing approximately-3,000 cars; /
;
annually.
The equipment will consist of shears/punching machines,
Colon Development Co., Ltd.—Production—
forging machines, furnace, presses, lift trucks and related; machinery..
the company announces that its production, for the five weeks v.
It will probably take the better part of a year to obtain aedvery or tne
ended Sept. 2. 1946 amounted to 523,073 barrels, which compares With
various items of material and to get the facilities in operating condi-,
422,668 barrels for the four weeks ended July 28,. 1946, and 445,519
tion.—V. 164,*p. 1079.* •
*
'*•"• • * '
«
::
yiH'-.■1 barrels'for the four weeks ended July 1, 1946.—V. 164, p. 824.
The
company
tual Life Insurance Co., of Boston, pursuant
machinery installations ip
insurance
President,
tp which the
company has agreed to purchase from'the
company on or about Oct. 15, 1946, $1,100,000 of first
iriortgage 3% bonds^series B, due Aug. 1, 1976, and to. ;
pay therefor 102, plus interest.
John Hancock Mutual
Life Insurance Co; has Blsa agreed to purchase„ from the •
company an additional $400,000 of first mortgage 3%~
bonds, series B, due Aug. 1, 1976, and to pay therefor
102, plus interest.
The purchase of the $400,000 of
bonds is to be made within six jnonths after the delivery ;.
of the $1,100,000 of bonds to be purchased on or about *
Oct. 15, 1946.
The
proceeds of the
$1,100,000
sale of the
bonds
will be
usfed In:1
part for the -redemption of the outstanding $570,000 first mortgage
3%% bonds, series A, due Jan. 1, 1961.
The balance will be deposited
■with
to
indenture
the
time
hereafter
trustee
reimburse
to
be
to
the
expendd
and
withdrawn
for
treasury
in
making
additons
to
Its
electric
property,
Authorized
mtge. 3%;bonds,
Aug. 1, 1976..—..—
series
B,
Outstanding
exclusively in
Three
sidiary,
company
the State
of Louisiana end has
Counties
Ice
wholly owned sub¬
one
Co.,
a
non-utility company organized
exclusively in the State of Texas.
under the laws of and operating
v;'' ■ • ■
■ ■;
>
The
'''■:
principal business of the company is the production,
consist of
Diyiderid—
stock,
of
25
payable
cents
Oct.
per
1
to
Chrysler Corp^ Detroit,
purchase,
distribution and sale of electric energy for light, heat,
general industrial and utility purposes.
In addition, the
furnishes water service in four communities in Louisiana
and operates a dairy business and an ice and cold storage
-J .7.7:■/
////■■
■//
2Viich.-*-Issues Book
on
;
.
.
company
and
owns
business.
SUMMARY OF HISTORICAL EARNINGS
h
Radar..
Mr, Stout describes some
of
the
ways
American-made radar units served the Allied Armed
Forces during the war and tells something of Chrysler Corp.'s part
in making radar, so effective.
Mr. Stout's book discusses the history and development of radar.—
12 Mos. End.
Years Ended Dec. 31
April 30, '46
Total
oper.
Oper.
rev.
1945
In this volume of 99 pages,
1943
$2,084,725
revenues
deductions—
Approximately
$2,080,303
$2,096,602
$1,939 169
1,819,501
1,813.148
1,812,079
1.668,770
Income-,™
Operating
Other
$265,224
income
$267,155
13,054/
$284,523 7
12,562
$270,398
8,988
7,183
This
Gross
income
$278,278
deductions.—-^
Federal
income
State
income
Balance,
♦Earned
•On
taxes-
$293,511
25,900
'77; 26,475
27,350
55,957
60,314
325
3,825
3,055
taxes
Cr49,
surplus
per
$279,718
25,713"
21,464
-
$231,150
$2.89
share
com.
$226,142
:
$2.83
$207,252
"
-
•
$3.01
$277,582
7
27,290
$186,923
^
$2.71
69,071 shares outstanding 1943, 68,941 shares 1944, 80,000
1945 and 1946.—V. 164, p. 1079.
shares'
•
shares
.
Co.—Syndicate Terminated
The First Boston Corp.,
the
syndicate
Sept.
in
part
on
30
days'
Holders
of
the
new
as
stock
at
the
Soya Co.
—
Debentures
Offered —A banking
& Co. made a public
headed by Glore, Forgan
offering Sept. 19 of $4,000,000 of 3% sinking fund deben->:
tures, due Sept. 1, 1966.
The debentures are priced atgroup
100 and int. from
Net
proceeds
company's 3'/4%
Sept. 1.
of
the financing will be used to retire all of the
sinking fund debentures due in 1959 outstanding in
*
>
The
notice at $50 per
preferred shall-be
share, plus accrued dividends..-**
entitled
to
receive
cumulative
Three Issues—
'
to
St Co.,
of the offering, de¬
price restrictions
18 when Blyth
managers
and
its
of
than half of the 2,040,000-share Issue
price of $26 a share.
Of
underwriters'
6%
cumulative
dends
remove
had
Trust
the
Co.
to $1.50
stock, series A, at $110 per share and divi-*
per share.
Payment will be made at either
16 Wall St.,
of Pittsburgh, 439
Immediate
9.
preferred
amounting
Bankers Trust Co.,
the
that more
.
amounting to 85 cents per share and as of Nov. 15, 1946, all
outstanding cumulative preferred stock, 5% series, at $105 per
share and dividends totaling $1,25 per share, and all of its outstanding
remained unsold
payment of the
New York, N. Y., or at The Union.
Fifth Ave., Pittsburgh, Pa.
full redemption price will be made upon,
presentation and surrender of the stock certificates referred to above.
The company is also calling in its $16,500,000 of bank loans.
Funds have been obtained from ^ the sale of $97,500,000. of new.
debentures and from the sale of the company's Interest in CincinnatiGas & Electric Co. common stock.
,
managers
of
nearly' 500,006
Retirement
stocks
will
original 2,040,000 shares of the offering represents company's
entire common stock capitalization. They were sold to underwriters;;;
of
leave
its common
the
bank loan and of the preference and preferred:
the corporation with only the debentures outranking
See V. 164, p. 1418.
"
-
stock.
The
by Columbus Gas & Electric Corp. in compliance with an integration
order of the Securities and Exchange Commission^—V. 164, p. 1417.
Commonwealth Edison Co.—Weekly
; €ity Stores
;
Co;—Dividend Rate Increased—
and
The
on
quarterly rate of 25 cents paid on Aug. 1, Dividends on both classes
of stock will be payable Nov. 1 to stockholders of record October 7.
This
on
the
is
the
class
A
company's
and
third
common
dividend
having been
increase
raised 5
each of the two preceeding quarterly payments.
this
year,
cents per
increase over the corresponding period last year.
the kilowatt hour output totals of the past four weeks
percentage comparisons with last year;
showed
Following
directors-on Sept. 18 voted to increase' the. quarterly dividend
the class A and common stock to 30 cents per share from the
rate
share in
the
Output—
Electricity output of the Commonwealh Edison group of companies-,
excluding sales to other electric utilities, for the week ended Sept.
21
Central
class.
same
corporation has caUed for redemption on Oct. 16, next, all of
its outstanding convertible 5% cumulative preference stock at par and;
the group underwriting the offering, estimated,;
shares of the issue were distributed at the syn¬
dicate price in the subsequent offering to the public. The stock was
quoted 22Yz bid, 24 asked, late Wednesday (Sept. 18), following the
removal of price restrictions.
The
that
the
„
The
issue.
distributed
*
>
dividends
of
common
at 3 p.m. Sept.
terminate
meant
proposal to increase the
236,000 shares, to
cent# per share out of surplus or
net profits of the corporation, payable quarterly and thereafter partici¬
pate share for share with the common in all further dividends.-—
V. 164, p. 1418; V. 157, p. 863.
shares; distributed," 592,475 were subscribed for by. stockholders of :.
Columbus Gas & Electric Corp. pursuant to "rights", which expired
on
Income
to
from "the
been
950,000
hands of underwriters
and
a
corporation; to
dividends, at the annual rate of so
—950,000 Shares Not Sold—
cided
approved
the
Columbia Gas & Electric Corp.—Calls
Cincinnnati Gas & Electric
Inc.,
1944
12
1,629 shares of preferred stock in treas- *
ury will be retired and the new preferred stock will be entitled to $50 ;
per share and dividends upon redemption or liquidation.
•'"*
^
The new preferred stock may be redeemed at any time in whole or
V. 164, p. 824.
in tne
'
of
100,000 shares of common stock of no par value.
Holders of both
present outstanding 68,000 shares of $1 participating preferred
stock ' (excluding 1,629 shares in treasury) and the present 50,000
shares
of common stock
(including 10 shares in treasury)
will, in
exchange lor each share held, receive two shares of the new capital
stock of
This corporation on Sept. 14 mailed copies of a book called "The *
by Wesley W. Stout, former editor of the "Saturday /
and
Sept.
stock
the
;
Great Detective,"
Evening Post."
on
capital
136,000 shares 50-cent cumulative no par of preferred stock
arid
share has been declared on the comholders of record Sept. 20. The previous payment was 50 cents made on Jan. 3, this year, . Dividends of
50 cents each were.Also paid on April 2, July 2 and Oct. 1,^ 1945.—
V. 163, p. 1421.
.
•
dividend
transmission,
power
stockholders
authorized
1941,
(name changed from Louisiana' Ice &
Co., Inc., Aug. 27, 1945) is a public utility company operating
Electric
%■W'W-'
Chicago Pneumatic Tool Co^—25-Cent
.
(par $10),™———
BUSINESS—The
p.' 1327.
*
t$l,100,000
100,000 shs.
100,000 shs.
.—
•Unlimited, except by terms of indenture dated as of Jan. 1,
tNot Including $400,000 to be issued within six months.
The
,
40.64%*—
,
A
due
Colonial Stores, Inc^—Current Sale$ Up
—
mon
First
touikvlU^ ?Ry^rivit€^B^
-^
l
'
^
Feriod End. Aug.31— .) 1946—5 Wks.—1945
1946—35 Wks.—1945
Company is asking for bids to be opened Oct. .7, ,1946, for $3,854,625
Sales
$12,622,205
$8,970,450 $79,589,539 $61,454,112
conditional sales agreements to finance 75%- of purchase price of new
—V, 164, p. 952.
equipment with an estimated cost of $5,139V8500. The sales agreements ;
will mature over a period of 10 years in 120 equal monthly instalments
Columbia Baking Corp.—Split-Up Approved—
and will be dated from delivery of the equipment to the road.—V. 164, >
by the company from time
heretofore expended and
CAPITALIZATION, GIVING EFFECT TO PROPOSED FINANCING
stock
k(ihlcag<v IndlahaioHs
Equipment Issue—
for
cash
plant and equipment.
Common
,
.
Week
a
11.4%
are
vf945
1946
Ended—
193,189,000
14J———-193,446,000
Sept.
7
176,491,000
Aug.
31
185,006,000
—V.
164, p. 1452.;^^v-,t';- ;
'
Sept.
21—
Sept.
—
—
*
;
173,425,000
176,550,000
164,851,000
175,952,000
'
-
Increase
11.4%
9 6
7.1
5.1
*
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4529
Volume 164
Commonwealth & Southern Corp.—Weekly Output—
•
.
[ Consumers Power Co.—Sale
.
kilowatt hour output of electric energy of subsidiaries
corporation adjusted to show general business conditions ofterritory served for the week ended September 19, 1946, amounted to
270 352 259 as compared with 235.828,720 for the /corresponding week
In 1945 an increase of 34,523,531 or 14.647'.
<v The weekly kilowatt-hour output of electric'energy of subsidiaries of
this corporation adjusted to show general business conditions pf territory served for the week ended Sept. 12, 1946, amounted to 2/0,184,555
as compared with 241,902,188 for* the corresponding-week in 1945, an?
Increase of 28,282^367, or 11.69%.
The
of Stock Postponed—
-
Detroit International Bridge
Co.—20-Cent Distribution
• ♦
.
Justin R. Whiting, President of the company, announced Sept. 18
that the time for presentation and opening of proposals for the pur-"'
chase from the company of $20,000,000 of its common stock, set for
Sept. 24, 1946,; had been postponed.
Announcement
will
be
made'
later as to the proposed, sale of this stock.—-V. 164, p. 1328.
weekly
this
Of
'
„
Corp.
Plans
—
Cnnvprtihlp
to
Issue
PrpfprrArl
the
on
on
Sept..
declared
6
distribution
a
of
2o
cents
per
common
stock, par $1. payable Sept. 30 to holders of
Sept, 13.
A similar distribution was made on June
29, last.
On May 7, this
year, a 1007®
stock distribution was made, prior to
which the company made cash
payments of 30 cents on March
250,000-
Qorloo
directors
share
record
cents
75
Motors
30,
Dec.
on
17,
900. -xi'.>'
p.
1945,
and
cents
50
May
on
31
,1945.—V.
163,
•
A
01 *74/0 vonverupie Jrreierrea btOCk, oeries A-
The
The
*
•
,
/. Continental
Sharp*? of
1591
stockholders
ofV>? ' ®®troit-Michlgan Stove Co.
Extra Dividend—
on Sept? 10 authorized
the creation of an issue
>■.
shares of.$50 par value preferred stock, of which it contemnThe directors have declared an extra dividend of
20 cents per share
plates the issuance1 of 250,000 shares of 4>/«%
cumulative convertible
and tlie regular quarterly dividend of 20 cents per share on the
preferred stock,' series A, par $50, through a group of underwriters
common- stock, par $1, both payable Oct.
15
to
holders
of
350,000
Payment,of $3 Preferred Dividend—
SEC Approves
•
V
.
Exchange Commission on Sept. 13 approved the
dividend recently declared on the preferred stock.-u
^he^ehrl1nS4°C^'^SeveS ^'1 Paf $w°' itlir°P.gh
aiph will include".Van;Alstyne, Noel
which wiH^ncjude.Van Alstyne, Noei & Co.
&
The
stockholders
Sept. 10
also approved
The Securities 'and
$3
of the
payment
on
Hearings on the- plans for recapitalization of the * corporation nave.'
been adjourned by the Securities-and Exchange Commission, subject" to
recall by the trial examiner or by the Commission.;
: .V
^\
\
pointed registrar for. the
*
>.The
i
ad|°ul"n1 ^rv? £ ~a Pu
-
,
-
stock;—V..164/
common
■<.
-.
-
•
contemplated by the
re'invi
Southern.
&
;
$20,000,000
:.
■;_
...
to
Sept.
on
of.common
also
filed
letter
a
of
Offering price, $1
Leon,Vj President of the company,
Milton
holder.
5
stock.
No
/
underwriters
notification
share.
a
who
for
is the
will
holders
Sept. 23 filed a registration statement with the SEC
for 16,071 shares ($100 par) $4 cumulative preferred.
Underwriters,
Paine, Webber, Jackson & Curtis and Stone & Webster Securities Corp.
The shares will be offered for exchange to the company's $5 cumu,
m
shftre for share
n
^JtSSSSJl£JSSS£
basis
Shares
£?* °J? tP£
imp
.-in.iiiH.iivx
o'us
SJ
to
vi
i-i.im-
adjustment
exchange
in
issued
not
cash
a
redeem
to t
will
at
-
be
$110
a
^
V. 154, p. 84.
President,
all, the
shares
dc
Electricidad,
S.
capital
which
pla„t
of
the
(Chade) —Earnings—Distributions—
The
net profit
gold pesetas,
as
year 1944-1945.
/
The board has
holders
of
decided
to
a
which
and
D
will
The
be-brought
balance
forward
the
of
amounts
profit
to
and
(
to
3ame
as
Abraham
la Habana
de
Machinery
Corp.
Capitalization
—
"
creased and 100% Stock Dividend Authorized—
/
stockholders
The
of
shares
Shares,
i
of
stock: in
is
Will
.
voting
1946—Month—1945
$1,247,456
increase in
par
$1,
In*
cents
Were
18.
paid
500,000
to
same
date authorized a
to holders of voting trust
record
stock
of
as
will
be
close
of
distributed
share
for
share,
certificates
business
as
Deere & Co>,
The
2,
thereafter
soon
expired
on
Sept.
17,
1946.—V.
164,
stock, all
quarterly of 37 V^
preferred
A
,
Connell
W.)
(W.
Inc., Fort Worth,
Proceeds
„/
'
rr
will
payable" Oct.
filed
5
letter
a
of
and* selling airplanes.
company
10,000
will be
of
a letter of notification with the SEC
Offering price, $5 a share.
Proceeds
and drilling operations.
common.
used for expenses
Consolidated Beattie Mines, Ltd.—New
See
Beattie
(6286)
(par
filed
and'
cents
an
extra' of
50
Gold
Mines
Ltd.
(Quebec)
Name—Rights
...
electricity
amounted
to
181,900,000
HISTORY
kwh.,
generated
and
-
filed
letter
a
$1 par common.
for
organization
to
On
of
notification
with
tricity (electricity generated and purchased)
for
the
week
ended
3Bept. 8, amounted to 175,500,000 kwh., compared with 156,400,000 kwh.
for the
corresponding week of 1945, an increase of 12.2%.
Local
1946
by
Offering price, $1
of
business
of
share.
a
,
manufacturing
president,
initial
an
value,
par
is
also
Oct.
payable
convertible
Sept. 30 announced that
on
dividend
payable
the
oh
preferred
cf $1
19
«.
.
remaining
stock,
no
par
;
Retail
the
entire
1946—Month—1945
at
stocl; were not affected!
is3Ue
the
Consolidated Steel
Nile
1946,
(111.) an
the
name
operations
Counties
,
Corp.—Split-Up Voted—
the
of
of
6%
A
cumulative
!
Alden
Roach,
"'y
■
f-
r,
.•
>
A:,.slock' (8o4,5l7y2
class
Delta
was
of the corporation
Illinois.
>
nominal
or
in
Commerce
Trust
Co.,
Kansas
City,
Mo.
In
connection
301946, will
sending/Oct.
year
.
exceed
y , v.
•
$2
;
amount
;
,
was
!
made
on
July
-
1,
•>
.
Collieries
Delta
Corp.
other
reserves
of
merchantable
debentures now
as
offered
and
issuance
of
the
of
common
follows:
"One
of
the
principal
splitting the stock was to encourage a wider distribution of the
fjany's shares, "particularly in areas where the company has
S>ermanently extended its operations."—V. 163, p. 1562.
■
,
.
reasons"
for
com-
now
The
New
Manufacturers
York
transfer
V, 164, p. 1328..
Trust
issue,
20,
payable
,
.,
&
due
Co.
from
on
"V"
V'"iA 4
the
Sept,
These
1960.
of Del.—V.
) ,3;
19 offered
securities
l
j
other
April 1, 1947, to
1947, respectively.—?
,
,
s:y'i
at
•
*
v
and interest, $42,000 5%
an underwriting commitEastern Shore Gas Corp.
par
notes,
142, p. 731.
Receives Partial Pay-
»
Judge Charles E. Wyzanskl, Jr., in Federal Court at Boston, Mass.,
Sept. 4 approved partial payment of $605,625 to this corporation
the United States Government on account of the loss of the S3
E. Leo which was torpedoed July 30,
1942.
The ship was
being used as an Army transport,
According to the court records, the original libel filed July 30, 1944
by
Robert
for $1,870,290
was
and by Court action it is now reduced to $1,264,665.
Ebasco Services
For
the
operating
of
week
Inc.—Weekly Input—
V;
;
ended
companies
Sept. 19, 1946, the System inputs of client
of Ebasco Services Inc., which are subsidiaries
American
Power & Light Co., Electric Power & Light Corp. and
&
Light Co., as compared with the corresponding
during 1945 were as follows (in thousands of kwh.):
National
Power
.
*
"
—-Thousands pf Kilowatt-Hours——?
Increase
///v. ■ /
/"!•;
Operating Subsidiaries of—
American Power & Light Co.—
Electric Power & Light Corp
1945
Amount
Pet.
176,273
158,076
18,197
11.5
66,296
61,756
4,540
7.4
National Power &
102,399
93,197
9,202
1946
Light Co
Electric
Power
National
•
The
&
Power
above
Amount
163,071
67,597
16,404
104,147
1
1
1
i
'
not include
do
^
t
>.)
»
•
4-
10.1
5.4
13,234
14.6
the System inputs
"i-
Pet.
3,644
90,913
'
9.9
increase
12
1945
71,241
Light Co.—
figures
Sept.
179,475
Light Corp.-
&
end.
1946
Operating Subsidiaries of—
American Power & Light Co.—
panies not appearing in both periods.—V. 164, p.
ii.y
with
on
,
.
used
and
1,
«
represent
the
present owner of
ment for Lost Vessel—
has been appointed
(
/>'
Eastern Steamship Lines, Inc.-
week
„
Jan.
and March 20,
1946,
Wk.
164, p. 953.,
be
-
O'ty /
ment
•
same
Dec.
250,000
Co., New York, N. Y.,
••
v.r_
Bioren
coal
agent for common stock voting trust certificates.—
.
the
on
record
of
notes
•
$900,000
300,000
^
issue $19,200,000 of
would
Eastern Shore Gas Co.—Notes Sold—
Denver & Rio Grande Western RR?—Transfer Agent—
The
each
$900,000 notes, of
stocky capitalization
—
authority to
The proceeds
164. p. 1328.
f,
„
•All owned by Ayrshire Collieries Corp.—V.
bonds.
$19,800,000 of first mortgage 3l/2% bonds due Oct.
These would be called at 105 plus interest.—V. 164, p.-1328,.
a' dividend of 5' cents per share; bn the
cumulative preferred stock, representing 18/90ths of the
quarterly amount, payable Oct. 1 to holders of record Sept. 20.
directors also declared two regular quarterly dividends of 25
holders
V.
with working capital.
the
serial
redeem
annual
cents
-
by Paul Weir Co. to be 8,862,000 tons.
the
to
current
»
coal
Outstanding
value, of which 241,617 shares are
split, a total of 483,234 shares will
.,
said,
$1
•
Corp., has entered into a written agreement
issue of debentures to make available to the
Collieries
asked the ICC for
company
mortgage
The directors have declared
^
located
to purchase
mining
5% first mortgage notes—
5%% sinking fund debentures——
•Common stock (2,500 shares no par)_„
par
the proposed
President
are
Collieries
option
used
trustee for this
or
*
shares
Eastern Racing Association, Inc.—Preferred Dividends
by
will be
approved a two-for-one split-up of the comstock, applicable to stockholders of record, Oct. 2.
The split-up is subject to approval of the California Commissioner
«f Corporations.
'■
At present, the authorized capital stock consists of 690,000 shares:
outstanding. After
|)e outstanding.
.
.
incorporated
By an amendment
changed to Delta Col¬
in
the common stock .will furnish the company
have
without
„
Eastern Air Lines, Inc.—New Director—•
18, 1946.
aaon
common
10.
non;
Stuyvesant Peabody Jr., of Chicago, 111., President of the Peabody
Coal Co., and a former- Army Air Force officer, has been elected a
director.—V. 164, p. 1081.
:
originally
was
on June
The
1, 1962.
,
by a first mortgage on all of the property of the company
the issuance of 2,460 additional shares of common stock of
the company purchased by Ayrshire Collieries Corp.
at the price of
$249,000.
Cash remaining
from the sale of these debentures and
1946—8 Mos.—1945
v
incorporation
CAPITALIZATION—Upon
of
$1
value.
this
first
secured
$2,058,335 $19,782,148 $15,394,992
.
in Indiana
:
PURPOSE—Proceeds are being used to pay a part of the $1,400,000
purchase price of the property of Delta Coal Mining Co. being acquired
by Delta Collieries Corp.
The balance of the purchase price is being
paid by the issuance by Delta Collieries Corp. of $900,000 of 5% notes
and
directors
outstanding
direc-
common
Oct.
term
funds
reproduction
estimated
Stores, Inc.—August Sales Rose
p. 1080.
BUSINESS—Company
6,
Co.
trustee
/
Period End. Aug. 31—
July
with the
V
45ales\«—$2,774,447
of
equipment
stock
statement filed with the SEC covers 97,363 shares ($25 par)
convertible preferred stock and 150,000 shares of common.
The
are
to
be offered to the public through Lester &
Co., Los
Angeles.—V. 164, p. 953.
The
record
District Theatres Corp.—Dividend No. 2—
;
i.
mercial
Of the statement. *
-
the
the
on
of
Duluth Missabe & Iron Range Ry.—To Refinance—
4,753,000 tons of merchantable coal
recoverable
by com¬
stripping operations.
In addition, Ayrshire Collieries Corp., the owner of all the common
'
—V. 164,
share
per
holders
to
Sept. 14.
An initial distribution of like
last.—V. 163, p. 2992.
yy y>
'
contains
V..y..Y
Representation made in a registration statement filed Aug. 9 by
the company will be examined by the SEC at a public hearing Sept. 19.
The SEC announced that it will examine the "accuracy and adequacy"
Consolidated
1945
$1,107,217 '$1,000,250
The directors have declared, a regular
quarterly dividend of 20 cents
per share on the common" stock, payable Oct. 1 to holders of record
acquired
J
34.8%—
certain
,
Earnings for /the- fiscal
/
v
Mine dated July 31, 1946, appraise the total
cost
and replacement
cost of
physical assets
under the option to be $2,069,220 and the present sound
value of the physical assets to be $1,421,025.
In addition, there are
spare units, parts/ materials and supplies available for operation on
which
the
engineers place an estimated value of between $175,000
and. $225,000.
Paul Weir Co. estimates that the Delta leasehold
of
of
electricity amounted to 163,800,000 kwh., compared
151,900,000 kwh. for the corresponding week of last year, an
Increase of 7.9%.—V. 164, p. 1327.
-With
The
60,000
by
retirement, the company obtained a new $1,600,000 10-year
loan, f the balance of the proceeds of which were used to
retire the outstanding $800,000 balance of the
Six-year 372% term
loan due April 1, 1947;
•
physical assets of Delta
distribution
;
covering
sold
Corp.—August Sales Increased 10.7%'—
Wilhelmsen,
common
share
the
Corp. acquired from Delta Coal
at $1,400,000 all of its plant
by the stripping method and
certain leases on coal lands.
Delta Coal Mining Co. has been engaged
in strip coal mining business continuously since 1935.
Paul
Weir
Co., mining
engineers, Chicago, in their appraisal of
and
'
SEC
articles
its
Mining
electricity amounted to 177,900,000 kwh., compared with 171,400,000
&wh. for the corresponding week of last year, an increase of 3.8%*
On Sept. 11 the company announced that system output of elec¬
Hotels, Inc., Los Angeles—Hearing
AND
lieries Corp.
The mining
In Saline and Williamson
purchased) for
kwh., compared
Of
chares
SEC
•
11
No underwriter named.
Nile Collieries Corp.
as
the week ended Sept. 15,
amounting to' 191,500,000
with 174,600,000 kwh. for
the corresponding week of 1945, an increase of 9.7%.
Local distribution
•4j/2%
the
11,—V. 163,, p, 1861,..
per share, he said.—V. 161,-p. 2330.
1, 1946, due Aug. 1, 1956. Denomination, $1,000 and $500.
Interest payable Feb. 1 and Aug. 1 at office of City Securities Corp.,
Indianapolis,/ trustee;
(First interest paying: date, Feb, 1,
1947.)
Indiana
intangibles tax paid by the company for the year ending
July 31, 1947.
Callable in whole or in part on any interest paying
date on 15 days' prior notice at 105 on or before Aug.
1, 1951, and
at 103 thereafter and until maturity, plus interest.
compared with
167,300,000 for the corresponding week of last year, an increase of 8.77".
,' On Sept. 18 the company announced the System optput of electricity
'
29
being
was
1081.
p.
dividend
with
>
Dated Aug.
above.
generated and purchased) for the week ended Sept. 22,
1946, amounting to 192,000,000 kwh., compared with 168,000,000 kwh.
for the corresponding week of 1945, an increase of 13.9%. Local dis¬
Consolidated
with
25 cents a share.
of running
expenses
Mr, Wilhelmsen announced on Sept. 20 that business continues
good,
with a large backlog cf orders on hand.
."w. '
Sept. 3, this year, and
on
Offered—City Se¬
Indianapolis, on Aug. 16 offered $300,000
5%% sinking fund debentures at 97 and int.
Consolidated Edison Co. of New York, Inc.—Output—
Sept. 25 announced that System output of electricity
<electricity
pay
March
which
$2)
withdrawn- Sept.
was
Stores
no
The
curities Corp.,
The company on
of
?
-
outstanding at Oct. 31, 1945) were called for redemption as of April 30,
1946, at par ($17per share) and dividends amounting to 3 cents
per
Delta Collieries Corp.—Debentures
.
<electricity
tribution
share.—
.
Sept. 23 filed
on
shares
of
preferred
notification
,
The
for
share
one
,
a
_
212,050 shares were to be issued on a share for share basis '
exchange for the preferred stock.
The 51,f06 outstanding shares!
in
to holders
1
Corp., New York—Files Wijth SEC—
Sept.
used
be
of
to. be
would
class* B
n,
on
SEC for 300,000 shares of
Tex.—Files With
■<
-
creation
stock,
preferred
which
;old
-
Moline, IU.-^-75-Cent Common Dividend
Delanne Aircraft
company
and
participating
'
r
for
preferred
present
plan of recapitalization'was approved by the stoclcholders on
May 15, last, which provides for an increase in' the authorized common stock, no par value, from 195,000 shares to 500,000 shares, of
Sept. 24 declared a dividend of 75 cents per share
stock, no par value, payable Oct. 21 to holders cf rec¬
.
agreement
trust
preferrd
each
>
stock
cumulative
Sept. 1 and Oct. 22, last year.^V, 163; p. 1563.
.on
new
statement
P.
The
1946—11 Mos.—1945
$1,000,067 $13,354,451 $10,855,432
A similiar distribution was made
299,954.
plan
,
of
Proceeds will be used to
common
164,
H.
on
common
ord Oct. 5.
This distribution is in
number of shares outstanding
The
directors
the
on
c
Sept.
I
on
tors have declared
on
and
Oct.
on
announces.
company
split-up.
the
the
Holders
A
cumulative
Sept.
of
of
stock,
July. 1, last, as': compared with distributions-: of
75 cents each made on July 16 arid Sept. 26, 1945,—V. 163, p. 3282.
the number
to
5%
record
of
..
May Exceed $2 per Share—
directors
the
on
T
,
SEC
(W. S.) Dickey Clay Mfg; Co.-—Initial Common Divi-'
dend—Not All Preferred Stock Exchanged Under Plan
of Recapitalization—Class A Stock Retired —
Earnings
1081.
p.
the
approved
5
—
*
—V.
;
Co.—August Sales Increased 24.7%—
Sept.
v.
Sales
1629,
p.
the
Stock
Month of August—
and
The
SEC—
160,
5
and
proceeds.
registration
Diana
have declared an extra dividend of 6272
cents per
the, regular quarterly dividend^of 37Vi cents per share On
the common stock and the usual quarterly dividend of $1.25 per share
1327.
p.
!
shares,
the
two-for-one
increased
The
of
available,
a
be
from
op
the
be made
stock
additional
The
it
'effect
<
to
common
1946.
as
an
175,000
The
3%
directors
distribution
free
19 authorized
stock
common
company,—V.
stock;
Underwriter, C. C. McDonald Ss
is being sold by six share¬
share.'
exchange for
.
company
shares
$1.
par
The
Sept.
on
the
in
registration statement with
a
common.
a
preferred.
share
one
Stockholders
and
Cuban Atlanitc Sugar Co.—62 Vz-Cent Extra Div.—
The
Lithographing Co. below.—V. 163, p. 3130.
Shoe
of
25%
'Diamond T Motor Car Co.—Registration Withdrawn—
sales
Secretary
-
164,
share
*Compo
distribution
25,
Jan.
Corp.—Exchange Offer Approved—
on
present
No underwriting.
business.
f.
modern
world-wide
has
25 l'lled
par)
$5.50
receive
,
of approxi-,
manufacturing
In addition, the com- ,
land'adjacent to its property which
Co.
June
-{or 50,QOO. shares of preferred stork. Offering price,
.
(Havana Litho¬
graphing Co.)—Dividends—
See Havana
The
of
;
Ziskind,
Sales
Compania Litografica
manufacture
cash;
follows:
as
Diadem Mining Co., Spokane, Wash.—Files With SEC.
.
consists
company
story
construction.
and
Period End. Aug. 31—
—V,
a,
;
,
Crown Drug
p. 2815.
-
the
the
offered
*
.
and
previous years, these Bonos de Caja
those distributed for the last four
fiscal years.
They will be amortized within 14 years from Jan. 1, 1947,
bearing annual coupons the first of which is due Jan. 1, 1948.—V. 162,
done in the
characteristics
representatives
was
as
in
has
Johnston
&
The
new
officers
of
the
acquired company
are:
Jacob Ziskind,
President; J. Earle Makant, Vice-President in charge of plant op¬
erations; J. Potter Cunningham, Vice-President in. charge of sales; !
Norman
R.
Earle, Vice-President;
Carl A. G. Birkedal,
Treasurer;
pesetas instead of 13,505,522 gold pesetas for the previous year.
The board proposes to distribute the dividend in the form of "Bonos
de Caja,"
having the
for expansion.
Johnston Machine
&
stralia.
loss
gold
13,368,589
specializes
corporation
Potter
in
are
dividend cumulative non-participating
V. 164, p. ,825.
i
agencies in Boston,
Philadel¬
phia, Cleveland, Chicago, Detroit, Milwaukee, Los Angeles, San Fran- '
Cisco; Houston "and also Toronto;' Canada; /Birmingham, England; f
Paris, France;
Stockholm,
Sweden; Milan, Italy and Sydney, Au¬
propose
shares.
E
available
Potter
maintains
the distribution to the stock¬
dividend of 40 pesos M/N
(Argentine National currency)
series A, B, C shares and a dividend of 8 pesos M/N per
per share on
share on series
account
is
for the fiscal year 1945-1946 amounts to 17,702,223
compared with 18,297,785 gold pesetas for the fiscal
this
the
of
single
,
v
stock
acquired
newiy
300,000 square feet of
space
of heavy industrial type
pariy owns about four acres of
A.
that
announces
of
each
.
be
mately
Compania Hispano-Americana
;
Ziskind,
will
stockholders
Junior
selling stock¬
automatic turret lathes- 11 is now operating on a full-time schedule
and emPloys approximately 450 people on an 8-hour shift. The
Potter & Johnston company has sufficient advance business on its
tad-te-mi casharaounts required by the terms df Abe ^change offers
».
who
The
named.
Machine Co., of'Pawtucket,
...
<2?
'
Jacob
acquired
($1
"Price,
Di Giorgio Fruit
:rJ®ew $3
go
Crescent Corp., Fall River, Mass.—Acquisition—
The company on
v
cents
shares
Detroit.
common
j Commonwealth Telephone Co—Registered With SEC—
*,
70,920
Co.,
i
.
15
The company on Sept.
50,000*
Proceeds
15»
year
Detroit Typesetting Co.—Registers With SEC— >
,
registered.
Company
shares
common
new
Payments previously made this
APril
for
e
by Consumers, scheduled for Sept.
24, has been postponed indefinitely.—V. 164, p. 1452.
v r
'of
825.-
-
na^y steps 'esst nt ial"fn\ h f p ^a n '• *
Southern holding company to succeed;f
sale of stock of the proposed new
it: Sale
.
and
in-the.
Coronado Mines, Inc., Tulsa, Okla.—Fi
Files With SEC-
6i°Si°es; SermitSing
Commonwealth
increase
an
Oct.. 5.
;
The company on Sept. 5 filed a letter of notification with the SECC
steps are the sale of''
for 48°.787 ^es ($1. par) common stock of which 28,250 shares may
company
These
prelimm&ryt^s ar^^sa^ot,, be deemed to have been issued for the benefit of Milton Leon, President
the subsidiary's stock under the plan, and^of theissued ^without'first
company.-/This notificationbeena recission offer since the share v
is
were
having
company
■
record
^
,
1452.
of any com¬
.
fRITs
3-
£IV
mr.-y.Vr
^*r*r$r48*«B*rjru,^
j
The stockholders
this
Lorp.—^nange
of
the
the
' ■//
<
.
-
This
is
25 cents per share each quarter.
R. Rabo, chairman, stated that net sales
whicb received
,
for the latest fiscal
year—52 weeks ended June 29, 1946—were $33,385,265 and the net
profit was $420,256 after all charges, including Federal taxes of $526,101, which was equal to $3.59 a share on the old stock, or $1.79 a
share on the split-up shares.
These compare with sales for the year
ended June 30, 1945,
of $28,991,268, and a net profit of $237,289,
equal to $2.02 a share on the old stock and $1.01 a share on the
v-\ Sidney
—
,
/"
-
•
Mt.
of
space
Known
in
—
Split-Up Approved — New
Common Stock Placed on a $1 Annual Dividend BasisNew Preferred Stock Created—Earnings for First Six
!.' •
•
model
Walter
E-L
radio
coils,
the
of
of
to
A
policy
dividend
stock
common
new
holders
class of
common
new
,
,
decided
been
has
The
the
and
The
1,585,000
company
The
.
and
the first six-month period."
Mr.
Keating, who recently
England, reported that
British subsidiary for
satisfactory and that
the British subsidiary will soon be in production of additional products
pf the American companies.
the
first
returned
fill
vacancy
a
on
for
stepf.
two
the
District of New York.
cash
the
Electric
and
will
distribution
holdings
of
be
the
raised
by
the
sale
and
Power
of
the
American
stocks of
common
Pennsylvania
and
Co.
Light
Co.,
con¬
shares of American Gas common and
1,164,373
shares of Pennsylvania Power common.
If necessary, the proceeds of such sales will be augmented by the
of
846,985
'
proceeds of a temporary bank loan of moderate size.
*
The
American
Gas
Bond
and
Offered
rants
to
entitling
American
Plan
tains
and
is
an
provision for
an
.
version
the
of
will
to
pursuant
share held
Pennsylvania Power
amended
••J
.
.
stocks
common
holders
each
for
shares of
Power
stock
common
purchase
to
0.20
which
Pennsylvania
Share's
them
and
Gas
2A,
a
the
Should
original
plan,
alternative
distribution
be
one
con¬
effected,
Power
&
has
asked
In
the
the
SEC
to
brief filed with
a
of each share
shares
of
committee
of
Almno
preferred
This
of
$7
cash
payment.
$6
the
Commission
Percival E.
„
revised
he
claims
taken from preferred holders and
Electric Pcwer common'holders:'
should
given
11.
<las
and
contends
Almno
which
values
"on
that,
stock
a
the
at
5 %
($1
not
be
less
exchange
than
the
plan
to Bond &
j
'
offers
- '
"
-,
-
v.
.
Share
....
'
'
preferred
and
*" '
holders
Mr.
Jackson
charged
common
Inc., The First Cleveland.
are offering 14,500 shares
or
6%
largely in excess of their fair
yield basis is not more than $15 a
that
the
plan
stockholder plan
"in reality is
an
Electric
of, the
,
common
By
an
number
the company
has been
INCOME
Cost
sales
of
Direct
and
shares
new
was
shares
virtue
from
farm
The
tractors.
the
due
them.
each
share
,
stockholders of Federal will be called to
with a two-thirds vote required. Cities Service
shares, or 64.7%, of the 524,903 shares of Federal
of
-
-
of
four
Co.
subsidiaries
of
Federal
into
new
a
company.
of New Mexico,
company
the
months
12
share
a
ended
the
receive
July 31 was $644,618,
stock outstanding.
-.J.
common
will
on
Co.
339,639
shares
of
equivalent
Service
Public
un¬
Electric
is
Co.
to
transferred
be
to
Public
Service
for
Chicago—Registers
first
public
of common stock in the 61-year history
of "Comptometer" adding-calculating ma¬
offering
makers
company,
becomes
SEC,
of the
executrix
as
of Robert Tarrant,
will
deceased;
The
said that no qther stockholder connected with the man¬
agement Is disposing of any stock.
All shares in the company are
presently held by the management and members of the founders*
families.
;
"
The
1885
company
is
outgrowth of
an
a
enterprise
private
founded
in
by Dorr E. Felt, of Chicago, to manufacture an adding-calculating
of his invention.
His was the first practical adding-calcu¬
as of
issued
to
D.
of
one
earnings,
except 1921,
the
Fidelity & Guaranty Fire Corp., Baltimore—Rights to
Subscribe—
EST.
.
Net profit
ENDED MARCH 31, 1946
-
———————
$992,991
———.
-
802,206
^—
61,585
71,533
—
—
: $57,667
(net)—.-a—,',///-, 8,963/
r 1
*—
taxes.—
Surplus
■
—V.
$66,630
before Federal taxes.——
Federal income
164, p. 1207.'
I
VV.-.V
v
•
•• •
*\\
•' '
*
'
of
basis
the
held.
The
one
share
new
for
each
which
warants,
subscription
share
In
order
exercise
of
capital
be
will
become void unless exercised at or before 4 p.
m.
stock
then,
transferable,
will
EST.
on
Nov. 15, 1946.
their subscription rights,
holders of subscription
warrants must deliver or mail warrants, with the subscription form
endorsed thereon duly completed and executed. Subscription price must
to
be
-
paid
Mercantile
Any
full,
in
Baltimore
3,
in
cash
Trust
Md.
shares
of
in
Co.
-
•
stock
of
/;
New York or Baltimore funds at office
Baltimore, agent, 200 E. Redwood St.,
'
•
not
sold,
"
* ' •
because of
*
failure
of
a
holder of
subscription warrant to
exercise his rights thereunder, will be
purchased from the company by the United States Fidelity and Guar¬
a
expense
•
.
rights to subscribe at $40 per share for 100,000 shares of capital stock,
on
of
and administrative expense
>:
*
corporation is issuing to its stockholders of record at 3 p. m.
on July 26,
1946, subscription warrants giving such stockholders
The
old /
the company will be used for the
machinery and equipment, plant improvement
'
j
•v
shares
the
received by
STATEMENT, FIVE MONTHS
income
Manufacturing
progressed
of
loco¬
Net profit on sales.,—..
Other'
vii. cy'y-i--
maca¬
Co.
From a small beginning,, the company
to its present position entirely through reinvestment
having operated at a profit in every year since 1896,
1931 and 1932.
Today, with combined assets of over
$8,000,000, the company's product is sold* through representatives in
34
countries
throughout the world.
Neither the company nor its
subsidiaries has any funded debt.
Except for 1921 and 1932, cash dividends have been paid by the
company
on
its capital stock, without interruption, in every year
since
1909.
The company's plant and executive offices are at 1735
North Paulina St., Chicago.
'
**
*
'
,
Company intends to make application to list its common shares on
the New York Stock -Exchange. ;;
has
outstanding
the
in'a wooden
is on exhibition in the Smithsonian Institution at Washington,
business was incorporated in Illinois in 1889 as Felt &
The
C.
Tarrant
July 31, 1946.
112,500
for
amendment
The original model, built
lating machine invented.
roni box,
,
diesel powered and
are used by various
and switching.
At
of locomotive and
increased
were
the
of
——w---
sales-;
selling
General
Bond
since Bond & Share compelled
be
for
company,
manu¬
profits /results
cpmp^ny's
locomotives
of
15 of the
shares.
By
became 62,710.
and
par)
original
Net
-Y
valuation
to
receive
Northern Trust Co., Chicago,
as trustee under the will of Dorothea
Felt Noyes, deceased, and as guardian of the estates of Nicholas and
John
H. Noyes,
Jr.,
minors.
Raymond J. Koch, President of the
stockholders.
other
ft-
would
in the program will include proceeds from the sale
Electric Light & Power Co. Of this sum $4,269,100 will
Service
M. Tarrant
$14.50 per share.
Of the
on behalf of the company
the merger,
of additional
and other corporate purposes.
call
United
determined
stock of Public Service Co. of New
„
production increases.
capitalization previously consisted of 7,500
stock
(no par),
of which 4,180% shares were
amendment of the articles, filed June 20, 1946,
purchase
...
«
of Federal
effective.
The statement covers 251,340 shares
• " >
^
.
* constitute new financing on the part of the
company.
The 3hares represent holdings of selling shareholders after
consummation of the proposed changes in the company's capitalization
and the merging into the company of Comptometer Co., which handles
the sales and servicing of comptometers throughout the United States.
When the registration statement becomes effective,
public offering
of the:>shares will .be made
by a group of underwriters headed !by
Lee Higginson Corp. and Kidder, Pcabody & Co.. :
The/capitalization will consist of 800,000 common shares ($5 pdr>,
authorized, of which 531,060 shares will be outstanding, including the
251,340 shares which comprise the proposed offering. " >
,
Net proceeds will be received'by the selling shareholders, Mrs.- Jane
instrument as well as other Eversharp.
as
PURPOSE—Proceeds
share."
& Share
Since
industrial
of
authorized
the
or
Electric
Power's $7 and $6 preferreds for 10 and 9.3
Corp., respectively, or for 9 and 8 4 shares
System Companies, Inc., is unfair in that it does not offer
holders present investment value of their stocks.
Jackson
of
shares
Gas
Mr.
Co.
known
outstanding.
shares
the plan for
for
the
the
CAPrrALfZATION—The
plan.
said
$100
above
common
($5 par) common stock.
The offering will not
-
"Plymouth," are gasoline or
range in weight from 2Vz tons to 70 tons.
They
manufacturing concerns for industrial haulage
present there Is a heavy demand for this type
the company.had a backlog in orders of $1,424,328
of Electric
United
value,
also
increase
18%
an
manufacturer of the injector-type
for further
room
The.,/larger ..portion
motives,
Jackson,
preferred holders of
par
chines, will take place when a registration statement filed Sept. 25 with
,
manufacture
prices and accrued dividends, or $199 and $187 a share, respectively.
Under the company's plan, he said, there would be a sum of
$6,000 000
He
The
of
products of the predecessor companies in its plant located
Plymouth, Ohio.
It also operates a grey iron foundry in conjunction with the manufacture of its products.
Electric Bond &
and
plus a cash payment.
With SEC—
facturing
exchange of such stocks for portfolio
disapprove
the
make
Fate-Root-Heath
Light Corp.—Seeks Retirement of
its parent.
and
$7
Felt & Tarrant Manufacturing Co.,
with
at
Electric by an offer of
of subsidiaries or by a
for
product
new
AND BUSINESS—Company is a combination of two oldcompanies—The J. D. Fate. Co.
and; The Root-Heath
Manufacturing Co., which were merged in 1919 under the name of
Share Co., filed
Sept. 13 with the SEC a joint brief asking the Commission to approve
their compromise plan for the retirement of the $7 and
$6 preferred
securities
the
$110,000,000,
1944 by 31%.
established
Preferred—
Corporation
stockholders
has also been approved by the SEC
has been incorporated and is now operating.
consolidation plan calls for merger of New Mexico Power Co.,
new
Stonewall
of
HISTORY
year
entitled to in full satisfaction of their claims.—V. 164, p. 276.
stocks of
of
than
more
—Livingston, Williams & Co.,
Corp. and Cunningham & Co.
of common stock (par $1) at
stock offered, 7,604 shares are
and 6,896 on behalf of selling
The amended plan also provides that, In addition to the $70 cash
distribution, holders of the $6 and $5 preferred stocks will receive an
instrument evidencing their-right to receive such additional amounts, 5
if any, which the Commission and the Federal Court
may determine
Electric
executives
$2,500, which is par value and cost to Federal.—V. 163, p. 2291.
Fate-Root-IIeath Co., Plymouth, Ohio—Stock Offered
of
common.
pursuant to their warrants.
counsel
be
Magazine Repeating Razor Co.,
and blades. '
to
to
machine
Plan 2A requires
of its holdings of Birming¬
ham Electric Co. and Carolina Power & Light Co. securities, together
with any shares of common stocks of American Gas and Pennsylvania
Power
not
purchased by Bond and Share's common stock holders
are
will
"Demand for the CA writing
war¬
shares
0.16
-
distribution if the company finds
alternative
Bond and Share to dispose within
The
.1
be
U inexpedient to carry out the $70 distribution.
This would consist of a sum substantially equal to the proceeds from
the sale of the American Gas and Pennsylvania Power holdings.
they
.
products Is .at record-breaking levels,". Mr. . Straus said.
"We are
pushing all our manufacturing facilities in order to increase our
output and supply both our domestic and export dealers."
Expansion in Canada represents the company's first move to pro¬
duce the CA outside the United States.
It is the third plant expan¬
sion step taken by Eversharp in the past two months.
In July and
August, Straus disclosed that Eversharp had taken over a new five
«tory plant in Chicago and a second in the New York City area.—
V. 164, p. 1082.
share distribution.
a
company's
holding
dividends will be required to
accumulated
plus
$75,029,600
for
Funds
announcement
Sales last year exceeded
Toronto
plan to m»ir»
a
sale
der the plan and would sell and dispose of the new holdings at a time
dependent on market conditions.
'.«•
-- j
It is disclosed that Federal's holding of 25 shares (total outstanding)
The present, Eversharp plant in Toronto has been enlarged and
production of the CA's was scheduled to begin there Sept. 15. On
1, next, the company will take over a 10,000 sq. ft. factory area
■
•.*:'
on
plan of dissolution with the Securities
common
amount
of
meeting
Service
Cities
Feb.
in
a
Federal
outstanding,
$1.20
to
Expansion of Eversharp facilities in Canada for the manufacture
OA'^iuagid sphere" writing instrumehts beginning* WeXt mohth,
was announced on Sept. 9 by Martin L. Straus II, President.
rr '
'
of
sisting
The
of new
Amount
make the $70
Gas
.■
7/ Expansion in Canada—
2A
vote
Vegas Light & Power. Co. and Deming Ice & Electric Co. Into
Albuquerque Gas & Electric Co. The name of Albuquerque Gas has
been changed to Public Service Co. of New Mexico.
In the filing with the SEC, it is stated that net income of Public
recently arranged merger agreement Eversharp is absorbing
a
to
available for
Las
razor
Commission filed an application
out-"the terms of 'the plan* in the
the Southern
Court for
District
two
his
prefaced
1946
for
1945.
Under
stances,
top
statement with the SEC
Underwriter, Straus &
Shares are being sold by
(par $1).
$11.50 per share.
Price,
outlinje.of past and projected sales, predicting that sales of Ever-
creams
were
stock
:
the
the general
involved
the
and
sharp Schick Injector razors and blades will set a new record, and that
the whole industry will reach a new high in sales this year. He esti¬
dollar
volume
in
sales
of
razors,
blades and shaving
provides an''additional cash distribution of' $70 a share on
classes of preferred stock, or, in the event of certain circum¬
a pro rata distribution of less than $70 a share.
Cash in' the
the
Chicago—Registers With SEC.
mated'total
provisions of Plan 1.
enforcement ^rder' carrying^
Plan
Robbins
Mr.
company, the
requested' by the
an
Federal
enter
may
common.
Public
received for the new postwar
Instrument ;from department, drugf jewelry stores and other
outlets throughout the country, Mr. Bobbins said.
v
known as Plan 2A. as the second step in t'ne
and $5 preferred stocks.
which provided for a cash distribution of $30 a
classes of preferred stock, has already been con¬
accordance with the
in
company
in:
change
approve' a
used for the distribution in cancellation of the 42,691
shares of
preferred stock outstanding
and the balance of the
proceeds of
$1,288,970 will be used toward distribution in cancellation of Federal's
shaving
plan
a
exchange
no
the
be
underwriter
ihe top holding company's $6
the
on
summated
»i*As
par common.
Offering price,
increase working capital.
No
Repeating Razor Co. and Eversharp, Inc.
an
time
same
common
has filed
339,639
owns
Cash
letter of notification with the.SEC
$5 a share.
a
of
shares,
for each
liquidation.
special
common
Okla.—Files
with individually engraved initials on the handle will
October, it v/as announced on Sept. 20 oy Larry RobVice-President and General Sales Manager for both Magazine
bins,
company,
initial.
The
Share
to
the
stockholders
share
the
A
gold
over
the
in
130,900
approve the dissolution
razor
marketed in
be
the board created when
Securities and Exchange Commission approved Sept. 6
to
aSked
that the
so
new
additional
Service
Electric Bond & Share Co.—SEC Approves Plan—
by
stock
to
increase
—
also
were
at
to
Common
one
plete
Eversharp, Inc.—New Razor in Fall—
=
retirement of
shares
proposal
shares
to
and
Mexico, $11 cash and one share of Federal Liquidating Corp. to be
organized to take over remaining assets of Federal and complete the
liquidation. After discharge of liabilities and payment of all expenses
the liquidating company would distribute the remaining cash and com¬
Thousands of orders have already been
Products Co. to
100.000
.a.
'■:'/'.v/':--^'/-; ^i:>:/^
common
any
during the two months'
Tulsa,
Inc.,
105,000 shares of common stock
A
Cavanaugjh, a Chicago attorney and a partner in the law
McDermott, Will and Emery, has been elected a director
of
new
on
Commission providing for retirement of its preferred
distribution of its holdings of Public Service Co. of New
and
(2.)
held
*
membership was increased from five to six last July by amend¬
ment of the corporation's by-laws,
' ■
Mr. Cavanaugh is also a
director of the Whiting Corp., Whiting,
Ind., and the South Bend Lathe Works, South Bend, Ind. ' ,
Benjamin A. Ragir has been elected Secretary.—V. 164, p. 681.
The
in
The company on Sept. 5 filed a registration
for
the
filed
$5
of
used
Blosser, Chicago.
stockholders.
John W.
of the Ekco
65,450
27
Light, Traction Co.—Files Dissolution Flari
Consolidation
tary—
firm
be
Ero Manufacturing Co.,
Elected—Benjamin A. Ragir is Secre¬
J New Director
from
Split-Up
,
Sept.
OTbei steps, provided for'in the plan .are as follows:
(1.) Payment to preferred stockholders of $100 a share and accrued
dividends in cash. Federal would set aside $426,910, an amount equal
to the call price premium of $10 a share, and preferred stockholders
would be given warrants or receipts evidencing their interest, if
any,
/////'.
months
six
•» f
.
Exchange
stock
from
operations of the. company's
of 1946 were extremely
from
results
the
J
•
material shortages
contracts in process,
Aug. 26 filed
on
named.
Mr, Keating predicted:
view of our backlog of
our recent rate of pro¬
August, it can be stated
considerably in excess of
unforeseen contingencies and in
orders, the report of our sales managers,
duction and the sales figures for July and.
that sales for. the last six months will be
|
-
and on a proposed amendment to eliminate the 4,545
preferred stock authorized, but unissued.—V. 160, p. 1630.
men
Company,
Mexico
,
not declared at this time "because of higher
was
costs on
Laboratories,
shares
60,000
will
year,
"Barring
-
In¬
•
value
par
the
of
vote
stock
$1
from
shares
two
stockholders
of Tucson Gas,
Proceeds
per common share (on stock outstanding before
split-up)—.—i——————/•/,; $3.82
sales for the last month of the
As to
of
stock
incorporation
Federal
SEC—
for
2-for-l
of
key
Co.
Sales
Earnings
material
With
.
*
With SEC—
President, announced that the third quarter dividend
stock
common
and
Engineering
JUNE 30./1946
Netearnings
receive
to
common
shares
common
shares of 7%
eliminating the need for tuning con¬
providing the most efficient high gain oper¬
causing reduced shipments, and losses incurred
strike early this year."—V. 163, p. 2005.
.
stock owned by
RESULTS FOR SIX MONTHS ENDED
authorized
150,000
4,000 shares of the
receivers,
and
.
W. A. Elliott,
on
labor
with the
common
time
public sale of this new preferred stock or the
the corporation and certain stockholders.
contemplated
-
announced that
Arthur Keating, Chairman,
not to proceed at the present
preferred stock.
to
articles
Elliott Co.—Omits Common Dividend—
directors
the
to
'scheduled
were
par share held.
—The
stockholders
The directors on Sept. 17 decided to- omit the quarterly dividend
ordinarily payable about Sept. 30 on the $10 par value common stock.,
Previously, the company paid 25 cents per share each quarter.
The usual quarterly dividend of 62V2 cents per share on
the 5%
cumulative preferred stock,3^ par (50, was declared/ payable Oct. 1 to
holders of record Sept. ti.'
'
'
announced at the meet¬
was
declared a quarterly dividend of 25 cents a
stock.
.
*
? '
;• ;
V
The regular Quarterly dividend
of $1.12% per share was also de¬
clared on
outstanding cumulative preferred stock.
These dividends
are
payable on Nov. 1 to stockholders of record on Oct. 15.
Quarterly distributions of 30 cents per share were made on the
old common stock (par $5) on Feb. 1, May 1 and Aug. 1, 1946.
The stockholders also authorized the creation of a new $7,500,000
the
and
ing
•
A.—Stock
S.
*' "
no
.
share on
the
value
outstanding
Peek also announced production
Hl-Q Loop Antenna.
This loop antenna is especially designed
with the E-L Vario-Tuner,—V. 164, p. 681, ,,
,
:
i'
v.-rr, -\t.»
.-Fu i.i >
•.»
the
a
common
stockholders
increase
par
the Vario-Tuner, Mr.
addition to
for use
shares, $2.50 par value.
common
The
,
to Mr. Peek.
Consisting of an RF tuned unit and
section, the Varlo-Tuner covers the frequency range
oscillator
In
special meeting on Sept. 6 approved a 2-for-l
stock which provides for 787,500 outstanding
The stockholders at
split
\
'
f
K
Faultless- Rubber Co..— Change in Par and
permeability-type radio tuner was announced
E. Peek, Vice President and Sales Manager.
Vario-Tuner, the unit was designed for use
new
a
the
and
■/■'•V—
.
•''
^
Proposed—May Enter Plastics Field-^-;
the company opened a new plant
an additional 75,000 square feet
providing
July,
pf 540 to 1G20 kilocycles.
—
V /i
Inter-Americano,
Acreo
- -,
••
MonthS
Expreso
i
,
,
according
ation,
Co.
of
as
table
densers
1081.
Products
—
0W
Laboratories, Inc.—New Radio Tuner—
by
19
Sept.
on
an
Ekco
-
plastics field if the-management deems it advisable.
$4,269,455 $42,125,069 $34,311,383
$5,418,992
-
which doubled the manufacturing capacityv—v., 164> p. 681*
Electronic
1946—8 Mos.—1945
1946—Month—1945
period End. Aug. 31—
Sales
in
Clemens
Production
—V. 164, p.
-
addition
In
Sales-
Edison Bros. Stores, Inc.—August
"
accessories.
to the Detroit plant
and
ances
in
stock.—V. 163, p. 3133.
new
-
Trading in the stock of this company on the Detroit Stock Ex¬
change commenced Aug. 28,
1946, at -which time registration became effective .on the 600,000 shares of common stock.
The
company
which was incorporated in 1929 is engaged In the
manufacture of electric ranges, electric water heaters, electric teakettles with an automatic safety device and other electrical appli¬
dividend of 15 cents per share has been declared on
(1 par stock, payable Oct. 1 to holders of record Sept. 23.
equivalent to 30 cents per share on the old no par stock
Initial
new
—
Electromaster, Inc.—Listing—
in exchange for each
par
management to accept jt , after Electric Power had
Power
—
—
Stop & Shop, Inc.
from 150,000 no par
to
stock
capital
value, two new shares to be issued
170,000 no par shares outstanding.
$1
of
V An
p'
,J*e»3&
&/EINANCIAL^HRONI<^
previously filed Its own plan offering exchanges of 11 and 10 shares
,
creased
1
V>^;:' '
^
•//
•**'•'*■■ 'V^T *1 J\'
'
'■*<'♦}"
."K4*i ' ^
.Q * $'*t- * *"4^ i J
'"' jj 1' / *
•
/
' 'j n ', -y
'4
^
Qj United Qas instead of the present offering of 10 and 9.3 shares."
The
Almno
System Companies would Include Arkansas Power & ///:;. The stockholders at an adjourned meeting held on Sept/ 16 approved
Light, Louisiana Power & Light, Mississippi Power & Light and New
a proposal to increase the authorized capital stock to 2,000,000 shares
Orleans Public Service,". Jne.-t-V.v 164, p.1419.
1. - > r
;
of $1 par value from 1,000,000 shares. There are 717,615 shares outstanding.—-See V* 164, p. 682.
•/•'
Declared^ on
proposal to change the name
and to change the au¬
shares to 300,000 shares
Sept. 9 approved a
on
corporation
thorized
Electric
Change in Name and
«tnri»s rorn
r.rrwerv
Fennnmv
Economy grocery MoreS
of
THECOMMERCIAL
iw>
Split-Up of Shares Approved — 15--Cents
New Shares—Sales and Earnings Higher-—/
/
.<' vW
.t
TiicsnrjatiajKrs;
urr.-;twcr.v-
1592
it
oinhhV
(2*£f* jj\ -^(-f r«»;/TA
.
'■'**
•
:
:
£,
...
/
...
i,
:
—.
>/
25,852
$40,778
anty Coi of Baltimore, Md.; at $40 per share. 1
Mercantile Trust Co. of Baltimore, Baltimore, Mr.
Trust Co. of Maryland, Baltimore, Md.' \ ..V. •"/
of the sale of the 100,000 shares of capital stock is to
increase the capital and surplus of the company.
Of the net proceeds
amounting to $4,000,000, $1,000,000 will be
credited to the capital
stock account and the balance, $3,000,000, will be credited to surplus.
These- funds, less Estimated expenses of $19,200, will be available to
support such additional woltome of business'as the "company .ipjght
write in the future.
The company will invest these funds in securities
recommended by its finance
committee in accordance with current
Transfer
Registrar,
The
Agent,
Union
purpose
investment
thereto.
policy
and
the
laws of
the State
of Maryland
applicable
t
Volume 164
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4529
.:** CAPITALIZATION, GIVING EFFECT TO PRESENT OFFERING
A-;,vj■ s"- *'• ■''fa*.;-A;:A;,A;Authorized
A- A;A
Capital
On
stock
(par
$10)
200,000 shs.
4
26,
stockholders' authorized
'1946
capital
stock
Irom -100,000
PURPOSE—The
It
'•
commenced
business
in
with
1929
of
capital
a
of
in
the
District
;«
of
Columbia,
(1)
fire
(4); aircraft;
and
allied
:
(2)
Net
Paul
I
»
-t
.0
have
declared
v*
1.
M
dividend
a
'
v
'
\
W
•.
$1
of
per
for i2,500
shares
shares
($1
of
5%
Price, preferred, $10 per share;
Proceeds will be used for working capital.
par)
$1 per share.
Fishman Co., Inc.
y-
Period End.'Aug. 31— . -1946—Month—1945
■Sales —-i.-—$759,007f
$578,061
—V.
164,
Fleetwood-Airflow,
Month of—
,
026
Comparative figures for August,
1945
Offered-^ *
Food
*
Inc.
recent
preferred stock
The
stockholders
Named
Peter L.
,
.
'-J
Transfer Agent,
Jersey City; N. J.:
HISTORY
Jersey, June
6,
;
BUSINESS-Company
Exchange
15
Co.,
of
Flint and
processing
the
Place,
incorporated
New!
in
such
years
Fulton;: Inc., had been for many
distribution
business
had
"Monmouth House."-
-•
of
frozen
been
carried
—■'
....
■
the
the
under
on
engaged
years
and for
foods
trade
• •
•
Fed.
;
2,548,864
of
stock
The
is
420.
.
Net
Vice-President,
'
was
per
par
no
.908
$230,891
1,123
145
$206,624
$23,037
v.A
and
$25,979
'
5
?
$379,545
95,071v
-'A 29,520
."
25,773
8,546
144,219
$118,173
$53,721
.
$141,424
$69,092
24,550
12,186
50,490
,
credit
;
148,000
A
$78,907
for
refund
of
taxes
on
$53,721
$118,173
$141,424
Federal
income
of
prior
working capital to provide for current and future
volume of business.—V. 164, p. 1207. • Wf
•
iv/^A.-A'A. AAAA;
.-.A A A'A'A*'- A JA*"-; '.A'A" AA
...
common
(R. E.) Funsten Co.—Initial Dividends-?-1
■
has been
.
277.
Harvey C. Fruehauf, President, on Sept. 17, announced
the sale at par to the Equitable Life Assurance Society
of the United States of $9,000,000 of 2%% sinking fund
debentures due Aug. 1,1966. The proceeds will be added
action on a
,
years
p.
Fruehauf Trailer Co.—Debentures Placed Privately—
a
The directors have declared
initial dividend of
V
15 cents
per
share
regular quarterly dividend of 56'A
cents
an
.
on
the
common
on
the
preferred stock,
20.
it
announced
was
signed
appointed Vice-President in
stock,
and
a
both payable Oct.
offering in V, 164, p. 27J.
See
to holders of record Sept.
1
(Robert) Gair Co., Inc.—Changes in Personnel-
-
-.
after
as
on
Sept.
It
that
24
Norman
F.
Greenway
had
re¬
director, and as First Vice-President, effective Oct. 1, 1946,
he will continue with the company as Vice-President
a
which date
in charge of folding carton
Changes in Capitalization—Indiana
also
was
wpuld
become
Herman
announced
operations.
that
Vice-President
on
in
'
Oct.
charge
1,
of
A
A A
1946, Sumner R. Cahoon
container operations and
Whitmore, Vice-President, in charge of boxboard operations.—
V. 164, p. 826.
to vote late in September on increasing
par
$1,
from
166,667 shares
to 500,000
Gamble-Skogmo, Inc.—Plans .Unification-—
A plan
six
<
v
for unification of the business and assets of this corporation
companies into one organization, u-ambie-Skogmo,
affiliated
plus accrued dividends.
Payment of the preferred
at the First National Bank, Marion, Ind.
A Inc., was proposed in a letter mailed to stockholders on Sept. 3 by B. c;
Fox De Luxe Brewing Co. of Michigan, another A Gamble and P. W. Skogmo, co-i'ounders ox uaiuble bto.es. A ror the
of
first
subsidiary, were also to vote on increasing the authorized common
stock, par $1, from 200,750 shares to 400,000 shares.—V. 162, p. 2941.
months
seven
of
1946
gross
of
sales
the
comhined
companies
exceeded
$65,000,000. ' Gross sales for the entire year 1945 exceeded
$75,000,000.
The plan was approved by stockholders of all companies, at meetings
held Sept. 26, 1946.
A .A A
Gamb.e-Skogmo, Inc.,
and affiliates own and operate 521 retail
Fox De Luxe Brewing Co. of Indiana, Inc.—Proposed
•■■■•
1,236,298
$205,500
y attributabie to carry-back of 1946 net operating loss.—V. 164,
and
share,
A>
income
■
•<
■
..
Massman
stock,
1,435,273
'
$376,636
48
Income
♦Special
addition, it was planned to call for redemption on Oct. 1,
the 150,000 outstanding shares of 5%
preferred stock
being made
■'u'-.
,
charges;;g
-
normal
Net
*
of
stockholders
$25,931
..
:
common
$1,467,190
"
A
16,800
following the stockholders' meeting,
Vice-President, was named Executive Vice-
also scheduled
-
191,800
directors
H.
''
1943
$1,640,773
2,322,634
•
surtax
of
name
oper._>
Fe<l.; excess-profits' tax
three
•'■-■•
■
were
In
all
$1.02
at
the
in
last
from
$2,701,271-
• ■-
operat.
income
.
formerly
and Fred
authorized
shares.
&
and
Other
and
The..stockholders of. Fox De .Luxe Brewing Co. of Indiana, Inc., a
,
1946.
Flint
Fox,
subsidiary,
1946,
was
&
income
Total
Unit Calls Preferred Stock—
8,649 shs.
363,511
600,000
sales
inc.
Other
on
change of sales.
Company has acquired substantially all of the
Fulton, Inc., subject to certain liabilities which this
company has assumed.
assets
meeting
F.
President j
Outstanding
10,000 shs.
22
Registrar and .Transfer
vA.
AND
the
In
Milton
working capital of the com-
($100 par)
p.
-Fox,^Executive
the
j
$2,574,795
31,
19«4-'
'1945
oper-
revenues
of
Net
Increase
to
&
expenses
Sept. 23 elected eight new directors after
in the, board of directors from nine to 15 i
board were Henry; A. Fox, ; Bert E. Fox,
Fox, Robert J. Fox, John E. Bowers, Eugene P. Conley, V. L.
an
members.
Subsidiaries Plan
($1 par)
jellies
made in August, 1946, to increase the authorized
stock, par $1.25, from 1,000,000; shares to 1,500,000 shares
postponed indefinitely.
"
'
'
giving effect to present offering
Authorized
6%
Common Stock
164,
'r
If-
Runkle and Edward JH. Walters.
the
jams,
proposal
$104,000
Asbury Park, N. J.—Stock
proceeds will be added to
mayonnaise,
share, has been declared on the
per
.
"capitalization
sales
merger with
juice,
orange
According^to. Milton* F.
The company, through its employees, is offering to the public 2,700
shares of 6% preferred stock (par $100) and 2,700 shares of common
$tcok (par $1) in units of one share of each at $110 per unit. ..
net
■
Personnel Made— "
s
The
Cost
;
(Peter) Fox Brewing (Co.~-^tock Increase Action Post¬ A
poned Indefinitely—Directorate Increased—Changes in | to
V-
: :Nv
''
<
:
$1.40
explained that
similar factors.—V.
and
approving
Flint Frozen
the
from
concentrated
*
privately owned at that time.—V. 163, p. 2852.
company was
227,207
- $0.71
511,065
rv;
common stock,
payable Oct. 1 to holders of record Sept. 14.
Payments made in 1945 were as follows: Jan. 2, 50 cents; and
April 2, July 2 and- Oct; 1, 40 cents each;-none since.—V. 162, p. 2941;
not available because the
are
i.
value
Pa.—SalesAug. '46 V
July '46
Sales
President,
£; A dividend of 40 cents
Wilkes-Bar re,
Inc.,
preferred dividends
share
net
ating
•
Formica Insulation Co.—Resumes Dividend—
>
1946—8 Mos.—1945
$4;758,745?; $4,157,707
.
1945
$7,069,266
1946
$14,657,663:
.
Peters, Writer
-Years ended May
r. Mar. 31,'46
••'■:.
•Provision
1082.
p.
t'
-10 Mos. End;
'•
Total
while some of the in¬
reflected growth in the territories served, the balance
arose
butter,
materials
August Sales Incre^d
—
'
are
.SUMMARY OF EARNINQS
M
r;-
"
5 J
working capital as of July 13 was $2,725,477, current. assets
being $4,301,088 and current liabilities $1,575,610.
Of current assets,
$2,196,117 were in government bonds and cash,,
„
:
,
Mr. Reinhold stated that the company's post-war expansion plans ;
were
on
schedule despite adverse factors arising from shortages of
,
(M. H.)
y
r "
underwriters
of the
names
& Christensen, Inc., and Sldlo, Simons,; Roberts & Co., Denver, Colo.
v
of
:
Reinhold,
gain
is paid June 15, 1950; interest at rate of 4% per annum on
balances.
tThe mortgage securing these. bonds aiso secures
ratably the 5% sinking fund debentures.
equally and
UNDERWRITERS—The
oh
excess
.
Vf !•;'
common,
common.
improvemerits
Net
17 filed a letter of notification with the SEC
cumulated preferred stock (par $10) and 100
on Sept.
E.
in volume
nut
Fiscal j Research Institute Inc., New York—Files With
1
Jcompany
other
oleomargarine, with other fields under study.
SEC— ;
The
and
20%
unpaid
.
Southwest Dairy Prod¬
ucts Co.,- Inc., and other acquisitions into Foremost Dairies.
The com¬
pany, he said, is making progress in development of new lines—pea¬
•
t'*y f^ v-'J
'
hall
which, It is understood, are to cost in
common
of the
vehicle, (3) inland marine,
reinsurance.—V. 164, p. 954.
share oh' the
common' stock, payable Oct. 21" to* holders of record' Oct. 5. A dis¬
tribution of 75 cents was made on July 20, last, prior to which
50 cents per share was paid each quarter.—V. 164, p. 555.
directors
after
per
crease
Firestone Tire & Rubber Co*—Dividend Increased—"
The
earnings
Earnings
motor
and (6)
(5) ocean marine,
residence
new
a
Sales
Canal Zone,
lines,
final
v
;'-'V;•
Newfoundland.
ness:
mother1-'
general
6400 Minnesota Avenue, St. Louis,. Mo.
Foremost Dairies, Inc.—Earnings, etc.—
Puerto Rico, Hawaii, Alaska f
It owns no • subsidiary1 companies.
The company is engaged in the following classes of insurance busi¬
and
construction'of
^ 28 Weeks Ended July 28—.
110
of Carondeiet,'*'whose
proceeds of this loan, together with additional furds
the; College property
$750,000. ,;r I \
$1,000,000
(100,000 shares, par $10) and surplus of $3,000,000.
There has been
change in its capital until this offering. The company is authorized
to write business and does so in all the States of the United States,
Joseph
to be supplied by the corporation, ate. to be. used to care for the cost
;
an
shares-(par
"
1926.
St,
house for the order is located at
200,000 shs.
,
increase
in--the
$10) to . 200,000 v;
shares (par
$10)A The amendment became effective on July 26.
The
corporation, whose principal executive ^offices are located at :£
301 Water St., Baltimore, Md.,- was incorporated in Maryland, Nov. 26,
July
authorized
ks'"The Sisters of
^
"
Outstanding
2
1593
,
The
Increase in Common Stock—Preferred Stock Called for
has acquired and controls three wholly-owned subsid¬
iaries,. Monmouth Products Co., Inc., Wheatley Canning Co. Inc., and
Bewley Canning Co. Inc.
company
Wheatley Canning Co; Inc.
Md.,
ners,
which
is
(Md.),
equipped
for
owns
the
See
plant at American Cor¬
a
canning
of
tomatoes
and
a cold storage warehouse at Asbury Park, which
important distribution centers. It also owns ware¬
City and Trenton, N. J.
and leases warehouse
Harborside. Jersey City, N. J., and in the Allentown Mer¬
of
one
houses
its
at
in
space
most
by Flint and
Fulton, Inc., and Monmouth Products Co., Inc., based on records of
Asbury Park and Newark
(subsequently moved to Jersey City)
distribution points, have been ag follows:'
'
'
-
the
-
•
'-■:
■
-vM-,:•
A :
'
.
"
V' Quantity
■ Pounds
'r''.:
-y
-2'A "VA
.
,: '..Gross
Sales
-
'
4,300,000
$866,000
|.';i 14,000,000
————22,000,000
2,770,000
3,900,000
j,3uu,ww
29,000,000
5,100,000
£j,» ..-.in.
^
™
—-f———t————
.
1945
STOCK
issuance
PURCHASE
of
thereof-to
non-transferrable
purchase
after the
year
WARRANTS—Company
at
fifth
to
the
authorized
-
the
warrants entitling
the registered holders
share during the period beginning one
the filing of the letter of notifica-
$10 per
day following
,*** aggregate of 2,700 ■ shares of the
will- be sold
has
common * sfcoekAWarntnts
employees of the company selling stock, under this
otfering at the rate of
cent per share per warrant.—V.
one
provinces
Canadian
1,656
exported to Central and South America.
■
s
companies involved in the proposed plan, in addition to GambleFox De Luxe Brewing Co. of Michigan—Increase in
Skogmo, Inc., are Gamble Stores, Inc., Nasco Inc., Solar Corp., Western
Auto Supply Co.. (California), Gamble Skogmo Ltd. and MacLeod's Ltd.,
Common Stock Proposed—
the last two being Canadian corporations.
These companies conduct a
See Peter Fox Brewing Co. above.—V. 160; p. 983.
retail
and
wholesale
generul merchandise business, including auto¬
motive
supplies,
household
furniture,
electrical
appliances,
men's,
Franklin Fire Insurance Co*—New Official—
women's and children's clothing and accessories, hardware and farm
tools and equipment.
Charles M. Mecke has been elected an Assistant Secretary.—V. 158,
Solar Corp., a manufacturing unit, makes bat¬
teries, washing machines, paints and varnishes, and motor scooters
p. 289.
.
which are sold through affiliated stores and to independent dealers.
Stock of the seven companies is held by some 3,000 stockholders.
A
Franklin Stores Corp.—August Sales Increased 6.1%—
majority of the outstanding common stock of Gamble-Skogmo, Inc., is
owned by employees.
Period End. Aug. 31—
1946—Month—1945
1946—2 Mos.—1945
Total personnel of all companies involved exBate*"$2^)05.450 $1,889,842
$3,776,963; $3,615^80 A deeds 6,000.
>
^
—V, 164, p. 1082.
Among the purposes of the- proposed unification, plan as outlined
by Gamble and Skogmo in their statement, to stockholders are the
'following;"
■ .,.j
-2 *>»:<!'*««-J- ■ 'v
vOA'.'. w-— .•«« -A-**,^Fresh. Dry* Foods, Ine<» Columbia, S. C.—Registers With ■A A Simpllfaciton of corporate structure; extension of vcting rights to ail
SEC—
'" A;;-r : ■
equity stock; provision of a wider distribution and broader market for
the common stock ultimately; unification of management of the com¬
The-company on Aug. 30 filed a registration statement with the SEC
for 450,000 shares (10c par) common.
Underwriter, Newkirk & Banks;
panies; consolidation of accounting and numerous other departments;
Inc.
Of the totalr company is selling 350,000 shares and two stock¬
all of which it is believed will result in relatively larger earnings due
to the efficiencies and economies effected. A AAAnAA? —- '*AAA:A-'?
holders, Roland E. Fulmer and Louis H. Newkirk, Jr., are selling the
Officers of the companies have been working on the unification pl&n
remaining 100,000 shares.
Price, $6 a share.' Proceeds will be used
for purchase of sweet
potatoes, .plant expansion, additional storage
:
for several months with the investment houses of Goldman, Sachs &
Co. and Merrill Lynch,
Pierce, Fenner & Beane, who have aided in
faculties, research and development work and working capital.
A developing the plan and in working out exchange ratios that would
<
Frontier Refining Co. — Securities Offered — Peters, Abe equitable to the stockholders of the companies.
The
resultant company
also will own, as an investment, 143,500
Writer & Christensen, Inc., and Sidlo, Simons, Roberts &
shares, or over 19%
of the outstanding common stock in Western
Auto Supply Co. of Missouri, which has a current market value of
Co., Denver, Colo., in August offered $100,000 4V2% first
approximately $11,000,000.
mortgage bonds, due Sept. 1, 1951, at 101 and interest,
A'pro forma consolidated balance sheet as of Dec. 31, 1945, showed
3,500 shares of 5% cumulative preferred stock at par
current assets of $28,385,707 and current liabilities of $8,195,803, or
net
working capital of $20,189,904.
Total capital and surplus was
($100) per share and div, and 15,000 shares of common
$24,052,661.
A
stock (par $1) at $11 per share. The common stock is
Bertin C. Gamble and Philip W. Skogmo, the original founders, will
offered subject to prior rights of stockholders.
continue to direct the activities along progressive merchandising lines.
The
.
chants Ice & Cold Storage Warehouse at
Allentown, Pa.
Aproximate sales in recent years of processed foods
4—1.
four
authorized dealer stores in 25
and Hawaii.
Certain merchandise is
to
•
Atlantic
,
states,
1639.
supply merchandise
•
.
The company owns
Is
Co. above.—V. 162, p.
and
also
Bewley Canning Co. Inc. (N. J.), owns a plant at Middleport, N. Y., which is equipped for the canning of
peas, corn, tomatoes,
plums, peaches and cherries. It. is planned that the operation of these
plants will be expanded to provide for the quick freezing of available
'*
Peter Fox Brewing
Aw..1 A A-'-"
other
vegetables
products.
stores
Redemption—
,
■
.
164, p. 682.
■
Flint Rive r
The ICC
N o r th e as te r 11
&
interstate and foreign
of
R R.—Abandonment—'
'
on Sept. 3 issued a certificate permitting abandonment,
_
to
commerce,
in Mitchell
and
as
by the company of its entire line
{a«road extending from Ticknor to Pelham, approximately
23 miles,
Colquitt Counties, Ga.—V. 129, p. 1590.
: {
Flintkote Co.—Vice-President
Resigns; But Will Re¬
main in
Lester
an
Unofficial
^^rschbraun
Research,
and
is
Capacity—
reigned -its
has
moving
to
OFFER
Vice
California,
President
where
he
In
will
Charge
be
of
active
less
than
formerly in research for this company, but will, according to
Harvey, Jr., President, "continue with the company, so that we
expect to enjoy for many years the benefits of his valuable
experience
in
the
research
and development of our
increasingly broader lines of
industrial products for maintenance and new con¬
asphalt tile wall and floor coverings and paperboard prod¬
building materials,
struction,
ucts."—V.
163, p. 2578.
Florida Portland Cement Co.—Accrued Dividend—
'
A-' dividend
of
accumulations
par
$100,
distribution
was
Dec. 20, 1944.
Accumulations
Dec; 31,
$3.50
share
per
the
on
payable
7%
Oct.
made
on
has..been declared
cumulative
26
to
particpating
holders
this
issue
of
record
Nov.
on
28,
last
,
on
this
1945.—V. 164, p.
issue
amounted
to
$81.80
account
on
preferred
Oct.
.
10.
A
and
year,
-
..
per
of
stock,
similar
share
on
;
as
ot
1082.
Florida Power Corp.—Increase in Stock Proposed—
The
stockholders
common
V.
stock,
par
will vote Oct. 14 on Increasing the authorized
$7.50, from 1,000,000 shares to 1,200,000 shares.—
164, p. 147.
Fontbonne
College,
Clayton,
Mo.—Notes
as of Aug. 1,
1946; principal payable annually, Aug. 1, 1948
1, 1961. inclusive. .
*
* •».,
v»
,J''
payable semi-annually Feb. 1 and Aug. 1, at the office of
Mississippi Valley Trust Co., St. Louis, Mo., trustee. Any or all
the
notes may be prepaid
ment
notice
date
to
These
,
at
the
notes
and
redeemed
on
any
semi-annual interest pay¬
pro
rata
scale.
to be received by the company from the
amount to approximately $575,000.
Such
stock,
and
accrued
are
the
-
direct
interest
* .\.
■/■. .;
obligation
poration dujy incorporated under
the
on
AA
days'
15
previous
written
'
of
Fontbonne. College, a; coelaws of the State of Missouri,
comjiosed of members of the religious order of Catholic Sisters, known
.
t
,
The plan provides, among other things;
(1) That each present share of common
proceeds
series B,
and
founders'
„
stock of
,
.
mortgages of Nasco, Inc., and assuming
shares:
.
capitalization giving effect to present financing
Authorized Outstanding
-
$500,000
100,000
195,000
91,942
sinking fund debs due Sept. 1, 1950
J4,/2% 1st mtge. bonds due Sept. 1, 1951
5%
A •Purchase
money
tPurchase
money
:Pfd:
stock
ipar
obligation
obligation
$100)„
—
A-
350,000
150,000
$500,000
100,000
120,250
91,942
" 350,000
141,923
A outstanding
_
the exchange of all presently
"A
3%% sinking fund debentures, due 1951 through 1959__.-$6,750,000
A4% collateral trust bonds, due 1946-1955 (Canadian)__
.
$475(000
\f- 5% non-voting preferred stock ($100
Voting common stock ($5 par)
The letter
<
to
par)__,_-~—--12,300 shs..
stockholders also states:
—
-
;
2,399,706 sns.
,
.
.
paid upon the new common stock or
A Common stock (par $1)
Gamble-Skogmo, Inc., will depend, of course, upon business conqitipns
;
^American Pipe & Supply Co: for additional tankage facilities—
which
cannot
be foreseen.
However,
while noA prediction can he
payable at rate of $6,500 per month, starting June 1, 1945, plus ac—
made,
it is hoped that initially Gamble-Skogmo, Inc., will be in a
•crued interest payable monthly, on unpaid balances (monMilv payments
A. position to pay quarterly dividends on its new $5 par value common
reduced to $3,250 from April 1 to Sept. 1, 1946, incl.)
tDefense Plant
i
stock of 20 cents per share and, in addition, an extra dividend at
"Corp. facilities—payable 10%' on Aug. 15, 1946; 10% on Oct. 15, 1946;
year-end."—V. 164, p. 277.
• A
'
A" : *
A 20%
on
June 15. 1947 and 20%
on each June 15 thereafter until
"The
>
par
trustee..;
the company on a national
They expect to continue development of
at
of
,
.
Interest
STOCKHOLDERS—Company offered
'»-•
stock, series A, and common
Gamble-Skogmo, Inc., be con¬
verted into six shares of new $5 par value common stock.
The present
sale of the securities will
8,000 shares of preferred stock of Gamble-Skogmo, Inc., will remain
net proceeds are to be used to replenish and Increase the working
outstanding.
> t
>;
'
'
" "
capital of the company.
(2) That each present share of common stock of Western
Auto
BUSINESS & PROPERTY—Company, having its refinery offices at
Supply Co. be converted into one share of new $5 par value common
Cheyenne, Wyo„ and its principal and producing division offices at
stock of Gamble-Skogmo, Inc.
All of the outstanding shares of preDenver, Colo., was incorp. in Wyoming June 12, 1940.
Company is A ferred stock of Western Auto Supply Co.; were called for redemption
authorized by its articles qf incorporation to engage in the business
on Aug. 31, 1946, in accordance with the plan.
* - A- A' '• "■
A
of exploring for, producing and refining crude oil and of distributing
(3). That each present share of common stock of Nasco, Inc., be
petroleum products at wholesale and retail.
converted into
1% shares of new $5 par value common stock of
The company's principal business is and will continue to be refining
A Gamble-Skogmo, Inc.
The present 4,300 shares of preferred stock
crude
petroleum, distributing petroleum products at wholesale and
of
Nasco, Inc., will be converted
into preferred stock of Gambleretail and the exploration for, and production
of, crude petroleum.
1 Skogmo, Inc., share for share.
'*
,
With the exception of lubricants and greases, the petroleum products
(4) That each present share of common stock of Solar Corp. be
distributed by the company are entirely of its own manufacture or
exchanged for 34 shares of new $5
par value
common stock of
are products
acquired on a gallon for gallon exchange basis for like
Gamble-Skogmo, Inc.
'
"
products of its own manufacture.
Of the company's total sales of
In addition, Gamble-Skogmo, Inc., will issue 1,304,270 shares of its
petroleum products, less than 2% constitute sales of lubricants and A* common stock to Gamble Stores Inc. for its assets and will issue 47,797
; j
greases -and approximately 14% constitute sales of exchange products.
A shares thereof to Gamble Skogmo, Ltd., for its assets.
; The company's filling stations also sell automobile accessories custo¬
AA; After consummation of the plan, Gamble-Skogmo, Inc., would have
marily Obtainable at filling stations,
r
A
the following capitalization,
not including the two purchase money
PURPOSE—Net
Offered—
Dated
COMMON
$11
Dempsey-Tegeler & Co., St. Louis, on Aug. 29 offered
$500,000 (l%-3%) direct obligation serial notes.
^
to Aug.
TO
present stockholders all of the 15,000 shares of common stock
per share in the ratio of 12 shares for each 100 shares held
record Aug. 26.
Rights expired Sept. 6.
to
'
-
'
rate
of
dividends to be
tr't \tlX..»/!
i,;v«
:
>iy\j
1594
THE COMMERCIAL & FINANCIAL CHRONICLE
General Aniline & Film Corp.—Distributions—
The
directors
on.the
on
Sept.
A stock
common
declared
16
and 5
the
and
A
common
made
were
cn
stock and
April 22
of
10 cents each
and July
and
its
the
A and 30 cents on the common B stock.
,
Any stockholder who shall so notify the Treasurer in writing not
later than Oct. 14. 1943, may elect to receive, in lieu of the cash
dividend, a dividend payable partly in cash and partly in the common
stock of Internationale Industrie & Handelsbeteiligungen A. G., Basle,
Switzerland
(formerly
Internationale
Gesselschaft
fuer
Chem.sche
Unternchmungen A.G.), hereafter referred to as I, G. Chemie, as
V of General Aniline & Film Corp.,
5 cents in
General
in
share of the fully paid common stock of I. G. Chemie
l/666th share of the 50% paid common stock of I. G. Chemie;
of 5 cents in cash on each share of the common B
>tock
Aniline
& Film
»/2 cent in cash
Corp.,
stock
shares
5000
or
of
Corp. will automatically receive
they are entitled.
stock
B
common
shares of
B
common
the
full
stock
dividend
the close of business
of
Thompson,
Film
fully paid
common
The
stock
stock
common
stock
Stock
of
I.
Exchange.
20,
G.
G.
5,000
elected
and
Corp. will also
Treasurer
Treasurer
General
of
of
of
both
this
of
of
the
I.
of
I.
G.
Chemie
and
and
$99.90
been
Alan
'
Star
E.
Edgar
have
of
Treasurer.
both
been
been
heretofore
the
E.
companies,
elected
has
Clark,
Secretary of
as
Assistant
Secretary
Boles,
Vice-President,
also.
Kottgen
elected
Assistant
'
is
traded
has
the
cn
Zurich,
received
the
for
cable
fully paid
that
stock
Assistant
v.
Donald
Secretaries
Period—
>
The
*
Jan. 1 to
(B. F.) Goodrich Co.—New Plastic Clothesline—
revenues____
1946
1945
$1,637,889
$1,461,827
$39,800
164,
1946
$ v ,;<!>>
;
',.v
^
^1
v
v*
' f>
Electric
V»
•»
Co.—Receives
Banks—
The
it
**,
has borrowed $52,000,000 from
disclosed on Sept. 6 by Philip D.
Reed,
company
was
which
bears
interest
at
the
rate
of
l'/a%,
company has the right of prepayment
Earlier this year the
Loan
for
a
sun,
of
before that time expires.
a
credit • of $100,000,000
.
the first time it
to
as
when
week
reached
the
total
a
of
23,345
pessenger
in
cars
after
the
United
States
25,460
was
ears
were
in
the U.
1,397,849 for the
1941.
William
Mr.
it
tabulation
of
production
for
and
car
Week End.
Sept. 7,
Aug. 31,
1946
1946
Truck
9,886
12,034
tion,
9,326
2,990
2,685
3,812
3,639
5,152
660
823
969
382
/
1,344
60
59
343
792
1,391
27,531
Total U. S. and Canada— 32,889
25,666
36,981
are
announcement
was
V
to
material
situation
Buick
the
may
have
been
stooped until such
clarified."
been
time
in
Buick
Harlow
H.
ecutive
of
of
the
Motor
the
first
of
the
major
modernization and
post-war
Division
Curtice,
last
fall,
Vice-President
was
of
construction
expansion
announced
General
Buick.
on
Motors
and
29
of
by
chief
new
designed
modern
building,
as
having 252,000
part of
facilities for
a
and
the
carried
on
in
company's
manufacturing,
storage operations in
adjoins the huge Buick
It
increasing
feet
square
final
floor
assembly
sub-assembly,
connection
assembly
of
with
line
final
where
area,
parts
assembly
production
therein.
and
feet
square
leaped
as
a
the
parts
of
of
space
for
government-owned
warehouse
and
Buick
tank
operations.
arsenal
shipping
at
Grand
department
aluminum foundry, built for the
government
ing- the war, for conversion into a
machine
Other 1,100,000 square feet to Buick
on
Previously
\ of
been
•
purchased
the
property
dur¬
an-
face
„
-
Utilities
for
the
bases,
;
13.2%,
The
an
over the
1946,
9.7%,
or
over the
corresponding week
ended
increase of
15,504,911
corresponding week of 1945.
output of this company for
amounted to 119,904,295 kwh.. an
electric
the
week
ended
.
or
6
kwh '
will
be
Approves Note Issue—
Corporation be pre¬
redemption of General's convertible
debentures.
the
two
has
participated
in
and
intends
by
cosmetics laboratories
are
being
now
produced
(b)
and
which
for
of
two
well
or
more
lines of
perfumes,
powder, lipstick, rouge,
cleansing creams and other
as. face
creams,
laboratory to be
net
set
proceeds
$727,000.
such
the
net
up
to
be
the
of
It
company
is
as
company
the
ingredients
and
at
a
at
present
the
the
presently
ization.
of this
intention
estimated
additional
containers,
this
plant,
cost
of
inventories
the
exact
of
of
cost
time
the
of
cost
such
campaign
a
operations
expenditure
of
will
an
be
balance,
if
corporate
will
any,
purposes
be
of
added
a
less
national
to
the
the
early
$15,000
than
incapable
determined
as
during
not
amount
determined, for the establishment
The
general
*
the
company's
(d)
of
sales
being
organ¬
corporate
from
time
funds
to
time
by the board of directors.
EFFECT
TO
PRESENT
FINANCING
Authorized
stock
($1 par)
purchase warrants.
to
shares
■warrants...
STOCK
issuance
mon
■:
of
stock
warrants
the
at
110,000 shares
on
any
effective
be
the
time
date
of
reserved
for
Month of
the
of
purchase
$3
per
164,
*
1945
$2,780,937
1208.
p.
:'y'
'
'
*
'
.
/'
,
I
*
Great South Bay Water Co.—Partial Redemption—
for redemption
called
on
Nov.
1, next, at 102 and
refunding mortgage 5% gold bonds (extended
Payment will be made at The National City Bank of
York, trustee, 55 Wall St., New York, N. Y.—V. 162, p. 1513.
$7,000 of first
1, 1949).
to Nov.
New
been
have
There
interest,
(H. L.) Green Co., Inc.—August Sales Rose
Period End. Aug. 31—
V.
164, p.
23.2%-—
1946—7 Mos.—1945
1946—Month—1945
$6,194,056
Sales
$5,028,589 $40,717,871 $35,943,774
r\
1083.
Stocks Offered—
R. H. Johnson & Co., New York, on Sept. 24 offered 27,000 shares of 60tf cumulative convertible preferred stock
Green's Ready-Built Homes, Inc.
—
(par $5) at $10 per share and 11,900
stock (par $1) at $2.50 per share. of
Trust Co.
Midland Trust Co. of New York.
Marine
Guaranty
Agent,
shares of common
New
York,
,x.,
Registrar,
was incorporated in Illinois
the business of manufacturing and selling
prefabricated houses. Company commenced production of prefabricated
homes
on
a
commercial scale in July, 1946, and at this date has
completed the first ten of such homes.
BUSINESS—Company
HISTORY-AND
April
1946, to
16,
carry
on
Edward W. Green, now President,, established a business' known as
Green's Ready-Built Homes, as solet proprietor, in April, 1940. During
11941 and the early part of 1942, this enterprise constructed and sold
some
300 prefabricated houses. Two hundred of these houses
were
built
for the Federal Public
Housing Administration,
in a project
known as "Victory Homes," at Rockford, 111.
owing to war conditions, the
of ammunition crates.
taken over by a partnership of the
same
Homes, which continued the manu¬
facture of ammunition crates. In October,
1943, the partnership en¬
tered the manufacture of wooden boxes for packing ammunition, under
contract with numerous ordnance plants.
latter
During, the
business
In
part
converted
was
to
of
1942,
the
manufacture
April,
1943, the business was
name, Green's Ready-Built
after
of
six
l
tinued
exercise
the
110,000
taken
cent
has
authorized
the
per
down
of
shares
Warrants
with
from
warrant
its
com¬
respect
time
share
to
and
to
time
are
months, but before five years, from
registration statement.
Such warrants are
1944 and the first half of 1945, the partnership con¬
and container business. Approximately $6,000,008
crate
the
iafter
sold
renegotiation)
during
were
fuze
all
of
in
worth
tracts
20,000
,
upon
company
of
share.
purchased and
company
the
1946
August—
$3,114,312
—V.
of
20,000
issuance
WARRANTS—The
for
Up
Sales
August
Inc.
Sales
and
/X'xif/'
-
Stores,
Grayson-Robinson
130,000
(exercisable in
price
may
to
payment
exercisable
the
>7
PURCHASE
15 cents
preferred stock, par $10, payable
See offering in V. 164, p. 1083,
cumulative
of record Sept. 20.
11.98%—
400,000 shs.
130,000
are
6%
the
on
to holders
1
Oct.
During 1943,
;
Outstanding
*■1,000,000 shs.
5th years from issuance)—_
*130,000
share
per
Dividend—
initial quarterly dividend of
directors have declared an
The
,
GIVING
Common
2nd
1208.
p.
Transfer
company's work-
manufacturing
an
substantial
ascertained
estimates
of
month;
164,
$
12,942,453 125,082,567 106,193,638
17,644,962
Sales
$
$
*■•
36.33%—
1946—8 Mos.—1945
1946—Month—1945
$
by the company.
the
proceeds-to
department
purchase
perfume
cannot
by
use
shipping
months
per
827.
p.
(W. T.) Grant Co.—August Sales Increased
by
Avenue,
and
$20,000;
1946—5 Wks.—1945
1946—26 Wks.—1945
$8,538,270
$5,029,371 $38,092,781 $25,210,003
31—
—
164,
Period End. Aug. 31—
18,
specified
being thus compounded, present
scents
as
cold
to add
Stock purchase warrants
The Securities and
Exchange Commission on Sept. 3
permitted to
become effective the
reorganization plan filed by the
corporation.
^
The plan calls for sale
by General Public to four commercial
bank¬
ing institutions of unsecured serial
notes, with maturities not
exceed¬
ing 10 years, in an aggregate principal amount
of $6,250,000.
Proceeds
of the hotes,
together with up to $2,000,000 in
treasury funds, will be
used by the
company to redeem its
outstanding convertible debentures
SEC ordered that the
conversion rights of holders
of
eight-year 8%-'
gold bonds due 1940 of Associated Gas &
Electric
served in the
incorporated March
was
products
approximately
City,
Stock
SEC
Sales
—V.
(Robert H.) Graupner, Inc.—Initial
Sept.
1945.
Grand Union Co.—Current Sales Increased 69.75%—
Period End. Aug.
—V.
>.
33*
a
Registrar,
the
estimated
CAPITALIZATION,
increase of 10,601,141
of
other
mascara,
York
for
Sept
kwh
York.
(on July
15,
1946, the
orders
of
the
company
for such supplies totaled $103,000, against
" /which the company had made deposits totaling $39,500); (c) financing
of a
large scale advertising and promotional campaign.
Based on
Corp.—Weekly Output—
1936. amounted to 133,290,198 kwh.,
Registers
—
SEC.
rouge,
preparation
management
cosmetic
^
The electric output of this corporation for the
week ended Sept. 20
1948, amounted to 130,484,983 kwh., an
increase of 12,191,742 kwh.'
or 10.3%, over the
corresponding week of 1945.
of this corporation for the
week
Inc.
1
_
Sept. 3 filed a registration statement with the SEC
for 636,500 shares ($5 par)
capital stock.
There will be no under¬
writing but Everett N. Crosby, President, and James Manoil, Treasurer,
will act as selling agents.
Of the total, 500.000 will be offered to the
public and the remaining 136,500 shares will be reserved for issuance
partly in payment of an indebtedness, partly as a commission to
selling agents and partly on exercise of options.
Price, $5 a share.
Proceeds will be used for refinancing of company and for working
belonging to the company.
lipstick, hand lotion, perfume,
cream/^Sparkling Rosee all-purpose cream,
and
addition to
In
warehouse
,
The electric output
New
Co.,
The
laboratory for the production of its line,
a
cream,
cleansing
present
General Public
-
all
ing capital to be used for the following general purposes: (a) remodeling and equipping the company's leased building on Fifth
New
Blanc,. Mich.,
Buick
the
'
Buick (
shop. These added
facilities.—V. 164, p. 1328.
Trust
Vanderbilt
up of
laboratory for
call
offering
cars.
and
of
actively to participate in the management and affairs of
PURPOSE—The
a
floor
Mrs.
cosmetic products in the
during the course of construction.
dozen other
buildings at Flint,-Mich.,
including
a
large sheet metal plant, expanded
foundry and forge facilities
and shipping and
storage structures, will provide
another 1,000 000
vConstruction
level.
$ colognes and toilet waters,
receiving
of
has
..
Canyon-Boulder Dam Tours,
Grand
Co., New York.
provides
volume
■
Ltd.—Listing—
PROPERTY—Company
foundations
pov/der
space
Trust
Bleu"
such
plans
■
ex¬
,
The
to
*
coordination
company.
Another laboratory is com¬
pounding two perfumes for the company under an agreement which
gives to it the option to purchase the formulae used
by the labora¬
tory, which are not owned by the company, for a
stipulated amount
at the expiration of two years from the
date of the agreement or
at an earlier
date upon the happening of certain
events
projects,
program
Aug.
charge
named
York.
Chevaliere
liquid
one
this
as
Completes First Unit of Project—
Completion
launched
have
the
for
the company is having its products
prepared
which in most instances use the formulae
"Diamant
car
Manufacturer's
&
Pending the setting
13 by C. E. Wilson,
La
light
responsibility
in
been
company.
Mr. Chalom has for some years past considered the
possibility of entering the cosmetic business and has
developed certain
potential trade names, formulae and
packaging ideas, all of which
he has transferred to the company.
"Because of the current
shortage of basic materials, such as lead,
pig iron and flat-rolled
steel, and the uncertainty as to wheh
in sufficient
quantities to carry the schedules for
the models already in
production, all preparations for the manufacture
Chevrolet
Vice-President
original listing of 3,919,674
shares of
capital
3,782,882
outstanding shares and 136,792 shares
options), for admission to trading at a later date
by the-rivew York Curb Exchange on Sept. 18. There
AND
price
continue
they will be available
the
Calif.,
"
i
The company on
made Sept. 19 by Elder, Wheeler & Co.
priced to the public at $3.00 each.
New
copper,
of
assume
agent,
the
made on Sept.
Oakland,
special distribution of 50 cents per share.—
a
4,000,0()(Wsharer of $1 par value.—V. 163, p. 1158.
Bank
in
medium
•
Halts Output of Chevrolet
Light Cars—
following
of
made
l, last year,
164, p. 954.
trustee.—V.
compacts, vanity cases and allied products.
The company was organized
by Mrs. Gloria Vanderbilt and Maurice
Chalom, in the belief that a substantial market exists for a line
of high
quality perfumes and cosmetics priced to sell at the
upper
586,101
The
V.
mascara,
16,014
80
1,382
is
Company was organized for the purpose of pur¬
manufacturing and selling a complete line of high quality
cosmetics including
perfumes, colognes, toilet waters, face powders,
powder bases, rouge, lipstick, cleansing
creams,
all-purpose creams,
71,952
13,558
v
GM of Canada._-_.-___,
Chicago
chasing,
61,321
51,243
4,083
844
Buick
Cadillac
GMC Truck & Coach—Trucks
Coaches —:
President:
was
BUSINESS
156,915
4,877
5,586
__
Oldsmobile
.
against
Chemical
186,176
7,700
_
Pontiac
8,399
of
the
authorized
1946,
3,637
3,392
,
Co.
Vanderbilt Cdrp.—Stock Offered—Offering of
300,000 shares of common stock ($1 par), as a specula¬
1946
Chevrolet-Passenger
;
Trust
Gloria
Sept. 14,
1946
'
will
announced
wa^s
are
Jan. 1 to
Sept. 14,
V
&
(including
issuable
Transfer
/
Hudson,
of
truck
Week End.
Nov.
capital and funds for development and construction program.
shares
figures
Bank
Giant Yellowknife Gold Mines,
period
Week End.
and
,
U.
Approval
8tates.
a
National
Hudson
stock
is
to
total income bonds
production and production facilities of the company, which maintains
plants in Oakland, Calif., and Fremont, Mich.—V. 163,
p. 1027.
Truck production remained below
weekly level3 for the 3ept. 14 week
with 8,162 units
turned-oqt. This was primarily due to a virtual shut¬
down by the GMC Trudik & Coach
Division, caused by a critical short¬
age of cab sheet steel.
There was little change from the
week before so, far as supplier
strikes affecting General Motors
operations were concerned.
The re¬
port showed 58 such stoppages in the United
States and Canada, com¬
pared with 57 the previous week.
Forty of these were in the United
Following
divisions:
of the
the company's Western Division
operations, has
the post of Vice President in charge of
production.
this
S.
same
to 78%
of
as
both
1,
to
consenting, amount
a
With
14.
However, the GM ouptut in the U. S. that
2,000 units short of the pre-Labor Day week when
produced.
Total passenger car production
by General Motors
to date is 384,250, compared with
been filed
so
Aug.
deed
Gerber Products Co.—New Production Head—
some
year
maturity
1947, to Aug. 1, 1957, and to the
provide for such extension, and said
with the undersigned.
The bonds owned by
trust
122, p. 1772.
during
week ended Sept.
week still
In
Day
have
persons
quarterly dividend of 35 cents per share on the common stock,
payable Nov. 1 to holders of record Oct. 15.
From Nov. 1, 1945
including Aug. 1, 1946, the company paid regular quarterly
dividends of 25 cents per share on this issue and, in addition, on
and
outstanding.
American
good portion of
Labor
the
Dividend, Etc.—
special dividend of 50 cents per share
directors have declared a
The
rayon
and the
alkalies,
rust.—V. 164, p. 1082.
Gotham Hosiery Co., Inc.—Special
bonds from
of
'
General Motors Corp.—Output Shows
Recovery—
a
such
now
the
balance of $48,000,000 may be borrowed. The purpose of the
loan, according to Mr. Reed, was to finance the
company's post-war expansion and reconversion
program, and its gen¬
eral operations.—V.
164, p. 1207.
Automobile production in General Motors
regained
the momentum lost in the shortened
income
consents
arranged
company
with 112 banks, and the
present borrowing represents
has drawn on this credit.
There was no indication
the
amendment
weather and
cotton
departure from the familiar woven
jacket around a high-tenacity
core,
Plan—,
Holders of income bonds dated
Aug. 1, 1935, have been notified that
registered holders of $444,200 in principal amount of the income
bonds have signed written consent to the extension of the
and the
year,
a
Koroseal
white
a
the core providing strength and non-stretchabiiity,
jacket providing easy cleanability, resistance to soaps, acids,
the
Chairman.
runs
Assent to
ers
has
It
cord
•
Georgian Hotel Co., Evanston, I1L- -78% of Bondhold-
-J,
from
of 49 banks,
The loan,
group
a
'•*>
•
<
-
Large
itself is
clothesline
The
line.
$1,531,877
1328. £
p.
'■- ■;-*X.'
feet.
Sept. 14
$1,715,464
'X. "".-X
■>
the first 10 days following a formal announcement that
clothesline was available the company sold an even 10,000,00®
During
Koroseal
$1,496,727
Jan. 1 to
$35,150
- ■■
way.
1945
$1,677,689
Sept. 14
$37,775
•
Jan. 1 to Sept. 7
$34,900
Week End.
revenues
public
the
of
given in an unexpectedly heavy demand for a new synthetic mate¬
rial clothesline which the company recently introduced in a modest
is
1945
Week Ended Sept. 7
1946
1945
!
plastics consciousness of the American
indication
An
Aug. 31
$50,404
Period—
—V.
Proceeds will go
Nev.
Offering price, $2 a share.
stockholder.—V. 163, p. 2579.
City,
to the selling
"
•
$80,975
revenues
Operating
Oper.
Sept. 15 filed a letter of notification with the SEC
($1 par) common on behalf of Western Gold Mines,
on
shares
CaTson
Inc.,
North
1946
on
company
for 20,000
164, p. 954.
10 Days End. Aug. 31
Operating
were
Ariz.—Files
Mining Co., Crown King,
With SEC—
Bryant
of
drown
Golden
elected
V. 164, p. 556,
General
164, p. 827.
"
Assistant
•
.
620 Swiss francs bid and 630 Swiss francs
asked, and for the 50% paid
common
stock 416 Swiss francs bid and 417 Swiss
francs asked.—
t
i
Maurice Chalom, Treas¬
Secretary; Harold Flatto,
M. Behrens, Director.—
:
and Director;
and Director; I. T. Fiatto, Director and
Assistant
Secretary
and Director; Albert
parent company
Sayer has been
D.
and
same offices in General.—V.
paid
Switzerland,
advice
common
follows:
President
as
Vanderbilt,
Gloria
,
of the
"
Period—
corporation
quotations
So
at a price
during the year in
These warrants are
Mrs. Gloria Vander¬
and directors
officers
the
of
names
urer
Georgia & Florida RR.—Operating Revenues—
partly in
share of 50%
per
extent not exercised
the
MANAGEMENT—The
company are
been elected
Secretary of
has
Kottgen,
Hector
Kendall
Pyne,
exercisable in whole or in part
are
to
they are exercisable said warrants lapse.
to be purchased at 1 cent per warrant share by
bilt and by Maurice Chalom and L T. Flatto.
corporation,
company's
fire
will continue
companies,
each.
Reinsurance
North
Star, still holding the
Chemie.
Chemie
The
the
1946
stock
common
I.
of
and
succeeds Mr.
has also
and
will
of
Crane,
Vice-President
described above.
Stockholders otherwise entitled to fractional
be paid in cash in lieu thereof at the rates of $150
per
as
share
Sept.
&
G.
Secretary,
which
to
Vice-President
Vice-President
share and
per
which
Reinsurance, has been advanced to the Vice-Presidency of
George H. Baird, Vice-President of North Star, who
recently
held
the
office
of
Assistant
Secretary
of
General
Reinsurance, is now Vice-President of both companies, and Samuel E.
they are entitled in cash unless by
Oct. 14, 1946, they have advised the Treasurer
writing that they desire to receive their dividend
partly in shares of the
shares
Aniline
General
or
Executive
Executive
Said warrants
years.
of $3
Corp.—Changes in Personnel—
on
the corporation in
cash
of
common
as
both companies.
'
'
A stock
v
,
of the latter company and related matters.
certificate of dissolution with the Secretary of
the
Greene,
elected
purchased by thd
to
a
as
has
Film
&
of
granted
has
underwriter
The
and may be
warrants
five-year
as
finder's fee, the right to purchase from 1ft
at 1 cent per warrant share, one-half of such warrants as the under-i
writer may purchase.
,
t
The company has also authorized the issuance of warrants for the'
purchase of 20,000 shares of common stock, issuable upon payment to
the company of 1 cent per warrant share and exercisable during the
second, third, fourth and fifth years from the date of the issuance
of the warrants with respect
to 5,000 shares during each of such
'
.General
entirely in cash the dividend to which
Stockholders holding at least 500 shares of
receive
Aniline
W.
been
Howard
and in addition
of General
all
distribute
Vice-President
l/5000th share of the fully paid common stock of I. G. Chemie and
l/6660th share of the 50% paid common stock of r. G. Chemie.
Fractional shares of common stock of I. G. Chemie are not avail¬
able.
Therefore, stockholders holding less than 500 shares of common
A
a
affiliate, North Star Reinsurance Corp.
He
in the same capacity with General Reinsurance. Corp.
lieu
of General
owned
dissolution
of
will
Winfield
1/500th
and
17 the joint application of the Corporation
subsidiary Associated Utilities Corp. covering
insurance
and in addition
cash
to
"Hollister, New York,
General Reinsurance
A stock
common
referred
Utilities
Delaware, accept the surrender for cancellation
outstanding stock of Associated, and there¬
promptly as possible to General all of its
assets/ or proceeds from the sale of such assets.—V. 164, p. 1328,
by
after,
has
lieu of 50 cents in cash on each share of the
wholly
proposed
Associated with file
-State for the State of
Sept. 24. 1945, while on Dec. 24, last, $3 was paid on the common
In
Associated
of
underwriters.
'
the common B ptock
on
Dissolution
The SEC approved Sept.
last, and on March 29, July 23
23,
Approves
Corp—
®^ar®
the common B stock
Distributions of $1 each
payable Oct. 18 to holders of record Sept. 23.
on
SEC
r
■
.
dividend of 50 cents per
a
cents per share on
194§
Monday, September 30,
this
of
boxes
and
crates
were
manufactured
period. In June of 1945, ammunition box con¬
and the partnership entered the manufacture
terminated,
boxes,
government
a
project
which
was
under
contracts were terminated.
way at "V-J Day,"
In August, 1945, the
when
part¬
ceased active production operations, and commenced
work
preparatory to re-entering the business of prefabricating houses.^/;.
U
The
partnership was dissolved on March 31, 1946. On April 23,
1946 all of the physical property used by the partnership was trans¬
ferred to the company in exchange lor 129,558 shares of common stock.
nership
The
commenced active production operations on
producing prefabricated sections for
day and is erecting four homes per week.
Production will be increased as rapidly as conditions permit.
July
four
8.
present
company
Company
completed
is
presently-
homes per
yolume 164
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4529
'PURPOSE—The
proceeds
to
securities being
from the
received
be
Haytiah
Offered
will be used in part for worktog capital in-the expansion of
company's - business of prefabricating,
delivering, erecting ■.* and
I C completing prefabricated houses; and in part in payment for certain
production
equipment now
being - acquired
by. the company,- The
c
«
■7
and
these
September
on
Savings
*
borrowed- from Harris' Trust
Chicago, HI., in anticipation of the sale of
the sum of $100,000, and the proceeds of that loan
company
^
Bank
securities,
f used ' for
11,
1046
of
said
Accordingly,
purposes.
approximately
to
as
Illinois Bell Telephone
America—Declares Two Dividends—
Period End. June 30—.,
Sept. 18 declared two dividends of 50 cents each
on the capital stock/par $1; payable Dec. 27, 1940 and June 27, 1947,
to holders of record Dec. 10, 1946, and June 10, 1947, respectively.
A
distribution' of like amount was made on Nov. 1, 1949, and or,
Nov. 1, 1944.—V. 162, p. 1392, ><
7/N 7 7:.
.7/ -7
y\ .; •' •>; • /
' •
..
*
dorpV of
The directors
ti.-k the
on
Operating
revenues..—
Operating
Federal
-
$100,000
(H. J.) Heinz Co., Pittsburgh—Registers Stock—
r
This
77-year-old
company;
of the
makers
Varieties,
57
Net
3,209,102
14,284,149
13,802,051
Drl94.953 Dr3.143.132 Drl,082,815
$3,269,688
—w
inc.....
on
taxes
34,287,605
133,797,569
24,469,582 118,381,217 93164 979
$3,014,149 $11,141,017 $12,719,236
362,950
1,487,536
1,531,187
income
oper.
Other income—net
has made
1946—12 Mas.—IMS
148,6*15,623
39,079,139
32,530,207
*Cr821,200
3,933,097
.
the proceeds of the sale of the securities offered hereby will be used
■f-: in repayment of said loan. Company has been advised that upon S
Co.—Earnings—
1946—3 Mos—1945
3,437,035
Drl67,347
expenses
taxes
tOther
4
were
1595
""
3,311,464
3,297,457
—
'
13,703,464
13,127,075
•**
*1,677,800'
14,272,457
^
,7 completion
-./•
credit
of
the
of
Total income
$100,000
'V conjunction with
.
Interest
Chicago bank.
a
planned.
CAPITALIZATION GIVING EFFECT TO PRESENT FINANCING
;7*'', The stock will be offered to the public by a group of underwriters, '«
i
7*
'
■
"V
:
<Authorized
Outstanding.;/' • headed by Morgan, Stanley Co. of New York.. Terms of the issue have Preferred stock (par '$5)'—.--——-^-' ^"r 30,000 she. ;v*
27,000 shs.
not been
decided but present plans are to_split the common stock
!
Common stock (par $1)
u..*/
tl.000,000
. *'
' *161,900'*.
/ / four-for-one and sell 200.000 shares of the new. commpn stock and
*Stock purchase warrants
23,000. </•>, 23,000 100,000 shares of ($100 par) cumulative preferred stock.
When issued,
7 \ -*23,000 shares of common stock, are reserved for issuance," 6£ the
application will be. made for listing on the New York Stock Exchange. "Until the present
time," Mr. Heinz said, "it has been possible
t: 7 stock
purchase ? warrants.
These warrants
evidence
rights to Rurthrough a conservative fiscal policy to provide for. expansion from earn- £
: chase in the aggregate 23,000 shares of common stock at a price of
$2.10 per share. The number of shares deliverable upon the exercise ;
ings.
During recent years, however, the government tax structure has r :
of
such warrants is subject to adjustment in the
made it increasingly difficult to retain a sufficiently large part of ,
event of a subdivision or combination of the outstanding common stock, a recap¬
earnings to finance entirely our expansion of factory: facilities, ware- «
italization of the company, the declaration of a dividend payable in
house- space and / inventories."
'
*
t
common stock or securities convertible into common
'II? The management and control of the company will remain in the
stock, the consame hands, with Mr. Heinz- as President and chief executive officer.
x v
solidation or merger of the company with another company or the
conveyance to any other corporation, of all or substantially all of the
Eleven of Heinz' 12 directors are operating officials of the company
with an average service uf 25 years.
./>*- property of the company or a successor.
$429,264
v
.
,
the
-.
shares
exercise
of
the
of
stock
common
conversion
reserved
are
privilege
granted
/■//ferred::stock.y,y:::*/7/;;7/^
t
shall
.
be
and
-
entitled
no
of
vote
a
quarterly
elass
at
holders
the
at
of
shares
of
dividends
receive
pre-
to
of*
rate
preferred
~'•
Howard Heinz'
of
60c
per
is
installments.
entitled
to
Each
vote
one
outstanding
each
on
re-
_
for
the
retirement
of
said
stock
which
into
it
will
the
share
$100,000 of its net earnings, computed after provision for
all applicable
taxes and for dividends on said preferred stock and
10% of.the remainder o^its^earnings; The preferred stock itt ease of
-
all
share, and in the
Preferred
stock
is
event
of
ccmvertible
involuntary liquidation
into
stock
common
at
$10
time
any
and
including but not after 10 days prior to that date, if
may
be
fixed
for ■ redemption
thereof
into
fully
paid
assessable
shares
constituted
share
of
at
of/common
the
rate
stock
3'/3
of
preferred stock.—V.
as
shares
164,
such
of
shares
up
any,
shall
stock
common
then
to
A
dividend
Common
of
40
cents
per
share has been
declared
the
on
Sept. 25.—V.
.
Griggs,
164,
p.
827.
Cooper
company
on
&
Co.,
St.
Sept. 3 filed
Paul,
letter
a
tlT'iT.
Minn
12,000 shares ($1 par)
K
the
v
■
,
share.
SEC
...
.
,
,
Proceeas will be used for improvement'
r
and modernization program.
each, or
shares of new
total
a
provided for the
also
at
pay¬
their faca
of
'
7
Wyck suggested that any action of the Commission with
the financing program be deferred until either-the recapi¬
directors
.
on
Dividednd Arrears Certificates—.
Sept.
on
19 declared
certificates
arrears
amount
of
at
dividends
the
in
installment
an
rate
of
$4
for
payable
each
on* the
of
$24
the
payable Nov. 1, 1946 to
holders of record oh Oct. II, 1946.
>7/:, 7 y>.; vA
:
On May 1, 1937 the company issued dividend arrears certificates
representing dividends in arrears at. that date on the $6 cumulative
preferred stock and 6% cumulative preferred stock of this company,
arrears,
.
formerly "Illinois Power & Light Co." and
■
directors
The
cents
also
payable Nov.
declared
the
"Illinois Iowa
Power Co."
regular
quarterly dividend,, of' 62M»
preferred stock,
1946 to holders of record-Oct. 5.—V. 164, p. 9. \
share
a
the
on
1,
5%
cumulative
convertible
:::7;v
v.v7vv-7 ■/-;;v
■
Illinois Zinc Co.—Plains Stock Split-Up—
The
stockholders will vote Oct.
24
on
approving a proposal to
split-up- the capital stock, on the basis of two, shares for each share
outstanding.
'
On Sept.
19, the directors declared the usual quarterly dividend
by Atlas Corp.of 25 vvilto per allelic Ull the presently outstanding shares of capital
cents i'C* share on vile pitfb"utiy UUtStallQlIlg SIloXcS OI Capival
"i
Qjiye^ HT^Payne,. Chairman;of the board* on^^ Sept; 26 announced the*.; stock^payable Nov. 2(>;to holders of record Nov. 1., Like amounts were
disbursed on Feb. 20, May 20 and Aug. 20; this year, and in each
sale of a substantial minority stock interest to Atlas Corp.
quarter during 1945.
'
- ,
•
In effecting the sale*,: Highway Trailer ^ Co., previously a wholly
owned subsidiary of Liberty Aircraft a ruuuwvo vuij/., of a niiiimguaii.,
James A. Hill, President^ on? Sept. 20, stated: "if a split-up of
Products Corp.,
Farmingdale,
UWiiCU
ouwoiuroi j
\JX
uiuvi vj
nuuittiu
capital stock is approved by; the stockholders, the dividend just
Long Island, N. Y., transferred its assets from a Wisconsin corporadeclared will be equivalent to I2V2 cents per share on the increased
tion..to a hew; Delaware corporation with a -capitalization of. 75,000
shares of $1 cumulative convertible preferred stock and 600,000 shares
number of shares outstanding after the split-up."'
■
of $1 par value common stock, of which Liberty owns 300,000 shares
The stock transfer bocks will not be closed. Checks will be/.mailed
of common stock.
In addition, 38,500 shares^of common stock have by The New York Trust Co. as dividend jdisbursing agent of the
been subscribed for by officers, directors/and kSfeyemployees of Highway
company.—Y. 163, p, 2855*
Trailer Co.
The total increase in net working capital as a result of
the Atlas purchase
and the individual subscriptions will Ultimately
■7 Indiana Limestone Co., Inc.—New President—
7;
«
,
,
Underwriters, Kalman & Co., Inc.,
'
'
common.
T)ni1i
...
conditions,
May,
of
Highway Trailer Co. of Edgerton, Wis,—Reincorpo¬
Dela^re-^inorit^ Stock Interest Acquired
:/vviiii-
of notification with
"
Of
•
rated ; inv
SEC—
-The
7.
•
'•
v
'
Bank
National
First
filed last
$24
$4 Payment
Jersey City has been appointed cotransfer agent for the common stock, $l par value.—V,, 163, p. 2580,
The
Van
dividend
Higglns, Inc.—Co-transfer Agent—.<,7
B v
payable Oct. 1 to holders of record Sept. 25.
This
with 45 cents paid on Aug. 1, last, 40 cents on July 1, 1946,
25 cents on April l, 1946, and an initial of 10 cents on Dec.
28, 1345.
I The regular quarterly dividend of 80 cents was also declared on the
$3.20 cumulative class A stock, payable Oct. l to holders of record
of
unpaid
*■
stock,
current market
on
program,
certificate.
The
on Sept.
17 declared a special dividend of 50 cents
share, payable Oct. 25 to stockholders of record Oct. 15. This is
in; addition * to. the usual monthly dividend of T5 ' cents which was
declared at the July meeting,
1
'
Ax special distribution of 50 cents waa al$o made, on JvUy 26 last;
and a year-end dividend of 75 cents was paid cn Jan. 25, 1946.—V.
164, p. 279.
compares
v
plan of Illinois Power shall become effective or until market
conditions-watrant proceeding with the program.
> V
-.
'
•
talization
on
30*
The directors
be
class
The payment
per
each
Greif ;BFos^ Cooperage Corp«-40-Cent Distribution—
Sept. 20.
Mr.,
164, P* 1085,
278.
p.
holders of record
to
*'
;•
the 482,195 dividend arrears certificates in cash
7 respect to
Hibbard, Spencer, Bartlett & Co.—Special Dividend—
non¬
for
quarterly
7./ 7'
.
,
•
which
and
regular
:7 7!"
••
$11,596,680, and for the sale
of 200,000
preferred.
Proceeds, with treasury funds,
were to be' used to pay off the dividend arrears certificates.
The dompany recently ordered a payment of $4 on each dividend
••
cts.' per shr. on 4%
dividends of $1.37Va per
preferred stock and 15 cents on the common stock,
30
of
7arrears
initial div. of 6?
the Period from Aug- 1 t0
share. V
per
the
and
the 5
on
payable Sept.
liquidation or dissolution shall be entitled- to be paid in full outr..o£
the asteta of the company; in: the7 eventiOf -voluntarVv liquidation $11
per
stock
pieferred
20%x of
first
based
was
financing
The
z
ment
(Walter E.) Heller & Co.—Initial Preferred Dividend
(commencing
pay
Ja Its yfirst' fiscaljyear»eaduing. on^0i^ after7 De(K ;31^ 1948)
i
his view
amount
The directors have declared aft
7;.
.
Van Wyck. President of the company, said the financing pro¬
contemplated by the company last Spring cannot be successfully
now unless the company's recapitalization plan filed on
July 2, 1946, becomes effective.. He said in a letter to the SEC.that
submitted
meeting of sharehloders, and cumulative voing obtains
in the election of directors. Corporation will establish a sinking, fund
'
Allen
April 30, 1946.—V, I6i; p. 7.
a
$6.88
..
consummated
»f 32.
•
Company's sales reached $114,000,000 in the fiscal year whcih ended
annum
share,
matter
son,
$5.94
gram
grandson of the founder who estab¬
he was 25 years old.
H. J. Heinz II, became President in 1941 at the
age
stock
$$908,953' $1,031,861
$1.63
-
company, is headed by the
lished the company in 1869 when
.
in
more
gardless
to
to
holders
The
upon
7//7.77/:./7w7^
7 PREFERRED "STOCK—The
-
for- issuance
$$192,533'
$1.76
Illinois Power Co.—Preferred Call Awaits SEC Ap¬
proval of Plan—
,
,
$90,000
share—
$9,653,481 $11,188,049
10,562,434
10,156,188
taxes has been reduced by $1,496,000 representing
arising from carry-back of excess profits credit ap¬
plicable to. the period January l to June 30, 1946.
tlnciudes Social
Security, State, local and other" taxes, ' except amounts charged to
construction. $Indlcates negative amount.—V. 164, p. 955,
„
,
$2,651,199
2,843,732
/ ♦Provision for
estimated' refund
.
>
Balance
,
Net income, per
■
.
.
.
7; 7 $2,866,749
7 2,437,485
Net income
Dividends
,,
>
402,939
.i.
'
,
.
»
deductions
its stock has been
'
Hamilton Pipeline Co., Thermopolis, Wyo.—Files With
SEC—
„
The
for
Underwriter,
ceeds
Sept. 19 filed a letter of notification with the SEC
mortgage bonds.
Offering price, $1,000 a unit.
Peters, Writer & Christensen, Inc., Denver, Colo. ' Pro¬
to the underwriting firm.
company
$300,000
will go
on
of
first
approximate' $2,000,000..
'■*
/At the present
ing $10,000,000.
Hancock Oil Co. of California—Files With SEC—
The company on Sept. 13 filed a letter
140 shares of class A common stock.
for
of notification
with
Price, at market
the
Ernest As /Mdnhall remains -as President of Highway Trailer Co; of
and the other officers are also unchanged.
Liberty Aircraft
Corp. is presently manufacturing Highway products in the
East and it is understood that its plant at Farmingdale, L. I.,
will
expand its production of Highway products in the ensuing months.—
V. 162, p. 782.
Angeles Stock Exchange.
The -sales will
be through the
brokerage firm of Akin-Lambert Co., Los Angeles.
The stock is being
sold for the account of holders of
outstanding fractional scrip certificates
<
holders,
V. 163,
and
pro
p.
Walker-Gooderham
Voted—New Stock to Receive
&
stockholders
The
The
directors on Sept. 3 declared an initial
quarterly dividend of
cents per share on the 5% cumulative preferred
stock, par $50,
payable Oct. 1 to holders of record Sept. 15.
The Citizens & Southern
National Bank, Atlanta, Ga., is dividend
disbursing agent.
For offer¬
ing, see V. 164, p. 279. ^
Ltd.—Split-Up
Quarterly Dividend of 30
w
-vi",.'
.,,
Harris Manufacturing: Co,,
SEC—
7-7
the
common
Howard
::777>v.r^-'
C
shares
enn
imifo
5,600
on
-Sept.
20
approved
four-for-one
a
proposal
a
units
basis.
service
split-up
to
7<
,
f
to
maximum of 150,000 shares ($2 par) class B stock to be offered
subscription to present class B stockholders at $2 a share.
There
are
no
underwriters.
Proceeds
capital.—V. 161, p. 7.
will
be
used
for
additional
.
working
tures
a
share.
expansion.
■
No
underwriting.
j
<
/
Prooeeds
will
be
used
7
for
plant
Hathaway Bakeries, Inq.—Plans Recapitalization*—
stockholders rwill beSheld oil OOt/ 8 to acr On '
7 A, special meetings of
A proposed recapitalization plan.
,
■■
Oct.
16
cor 10c
plan,
Ti
onH
ennn
series D, and such,
be necessary to
act as sales agent.
Proceeds will be used for lnvestment.-*V. 163, p. 1429.
units
as
Miller
may
will
Privately—^The corporation has reported to the
Commission the sale of $30,-
It is
Shares
and
of
offer
the
of
preferred stock not heretofore called for redemption
the
close
June
1946,
5,
of business
of
Mass.,
Boston,
or
or Into 2y2
shares of common stock up -to
Oct. 14, 1946.
Exchanges may be.made*at
Trust Co;, New York; The First National Bank
on
the offices of Bankers
at Montreal Trust Co.,
Initial Dividend oil New Preferred
directors
The
share
|
v,rj
15,
be converted into one share of $4 cumulative preferred stock
Y4 share of common stock under terms of the company's exchange
may
series "A"
.,,'v
announced that this company will redeem and. pay on Oct.
1946, at the Bankers Trust Co., 16 Wall Street, N. Y. C. all of its
outstanding. 5% cumulative convertible preferred stock at $105 per
share plus 21 cents per share in accrued and unpaid dividends.
Thin
the fourth and final call of the 5% preferred stock.:
'■<
v
on
iFredertek^R/'-Weisman7Executiw,> Vice-President/hasbeentelected
tJ''r7777
were
International Paper Co.—To Retire $5 Pfd. Stock—
7
issue of $4,000,000
Changes in Personnel—
The proceeds
approving
on
debentures, due 1957, in addition
to the issue just sold.
Interest on the series "A" debentures was
reduced from' 3.90%; to 3.25% as of May 1 of this year»r >
;
"
i/vForcacb of the 19^78 ahares of $7 preferred stock, on which there
Is a dividend accumulation; ©f
$605, there* would be exchanged $106
in new series A 4% debentures and
fivjp. shares of new common stock;
: For each
of the. 35^166-shares of class A stock,
carrying-a $42 accrual, there would be exchanged $21.85 in 4 % debentures and two
ghares jot new common stock.
<
-
will vote
Foods, Inc.—Places Debentures Privately—The
eluding $2,000,000 3(4%
;
_
>
1
Sept. 17 announced it has sold privately
15-year sinking fund deben¬
tures, series B, due Sept. 1, 1961, at 101% of par to John
Hancock Mutual Life Insurance Co., Boston, Mass.; Mu¬
tual Life Insurance Co., and Modern Woodmen of Amer¬
ica. The proceeds have been added to working; capital, p
The
company
now has $6^000,006 of^^debentures,; butst^dlng/v:in-7
r
/
"■■■■-
nlon
accumulative
Raymond H.
used in part to
1,1951. The
retirement utilized $17,000,000 of the proceeds from the
sale.—V. 164, p. 955.
stock
corporation
an
The company on Sept. 4 filed a letter of notification /with
the SEC1.000 shares ($100 per) 6% cumulative preferred.
Offering price,
$100
t
Q/»nnmitlotnfia
investment
of
retire the 10-year 2y4% debentures due Oct.
inc.—Plans Split-Up—
stockholders of record Oct.
Hunt
1,
Tor
oonh
-each,
amount
agreements.
principal amount.
*
Hartford (Conn.) Mattress Co.—Files With SEC—
Sept. 16 filed a registration statement with the SEO
Oiu)
$1,200
Securities and Exchange
828.
split-up to be effected by the distribution of one
additional common share for each common share held.—V. 162, p. 1769.
1937, at 101 and interest.
Payment will be made at the Hartford
Nationa! Bank & Trust
Co., 777/Main St., Hairtfofd,, Couh.*-V. 162,
P. 1170.
•
Inc.; Oakland, Calif.—Files With
000,000 of 12-year 2V4% debentures due Aug. 1, 1958, to
Co. of America, at their
Hotels Statler Co.,
The
two-for-one
/There; Dave;beencalled Tor .redemption/ oh Oct.
mext, for» aeeouht
the sinking
fund, $70,000 of 30-year 3% debentures, dated April
the
®1
nf
of
Price, at market.
Changed, Etc.—
See Air-Borne Cargo Lines, Inc., above.—V; 164, p.
.
'
of
William O. Riley, Chairman*
the Prudential Life Insurance
Hoosier Air Freight Corp.—Name
Jl^rtfprd Electric Light
are;
kInternational Business Machines Corp.—Places Deben¬
v. 164, p. 422,
a
for
* and
f°r 3,28a units of $1,000 > each/ single payment plan, series t, and
"
j The company on Sept. 20 filed a letter of notification with the SEC
for
Vice-President
Executive
R.
plans
pany
Stockton, Calif—Files With
-
company
Insurance Securities
The company on
,
7,
the
the
indeterminate
on
Walton, President, in August announced that the com¬
declare a quarterly dividend of 30 cents per share
on
the stock to be outstanding following the split-up, payable Dec.
15,
1946.
This will be equivalent to $1.20 per share on the old
......stock which received regular quarterly dividends of $1 per share.—
'
been
board; Harry Blackwell and Charles W. Penn, Vice-Presidents;
White, Treasurer; and Herbert Wilson, Secretary and "General
Counselor.—V. 164, p. 1209.
<
Worts,
.
62,/2
The other officers of the
Cents per Share-
Harris Foundry & Machine Co.—Initial Dividend—
has
who
Russell
Hiram
•
.
Ehle,
General Manager of the company, has been elected President to succeed
-Eugene F. Olsen, resigned.
*
of
net proceeds will be deposited for disbursement to such
rata,.upon surrender of the certificates held by them.—
2726.
E.
Clarence
^
Products
Sept? 20
on
^
.
Delaware
SEC
Los
on
.
-
time, Highway Trailer Co. has unfilled orders exceed¬
'
-
on
Montreal,. Canada.
.
,
7
have declared an initial quarterly dividend of $1 per
dividend of $1.25
the $4 preferred stock; the regular quarterly
per share on the 5% preferred stock and a quarterly dividend
cents on the common stock, all payable. Sept. 36 to holders of
*- Sept. 20.
-
Stocks-'
An initial distribution of 50
An initial distribution
of 150
record
the
cents was made on tne common
,
:
-
,
7
For
'•
each
ofxtherpfeseiifc
134,236 shares or class
would be exchanged one-third share of new
common
B
common there
Sept. 5 filed a letter of notification with the SEC
for 30,COO shares ($10 .par) common to be issued as stock dividend to
J;-. ;The
stock.
:V../If the plan is 100% approved and appropriate exchanges take place,
the company will be capitalized at $2,756,177 of 4% debentures and
214,467 shares of new common stock.
These securities will be issued
7
i
by
.
a
proposed
new
Delaware
the present Massachusetts
made the two corporations
company on
common
stockholders
and.500 shares of
series A
($100
par)
ferred.
Offering price, $100 a preferred share. * No
Proceeda-wiUv be Used to increase capital; investment, i
'
corporation
having the same name as
corporation, and after the exchanges are
will be merged.—V. 160, p. 2184.
Idaho Food Products, inc., Boise, Idaho—Files With
5%
International Rys. of Central America
demption
pre¬
underwriting.
v
.7
».
-
The directors have declared
on
•
the
well
as
an
initial dividend of
15 cents per share
common
stock, payable Oct. 7 to holders of record Sept. 23, as
the regular quarterly dividend of 37V2 cents per share on the 6%
convertible
preferred
£ept. 30.—V. 129,
stoek,
p. 2692..
payable
/
v-
Oct.
'7/. ;
15
7
to
holders
of
record
7
'
'
- "
■
{'
^
The cempany has
.
Interstate
Illinois Central RR.—Reduces Bond Issue31, last, this company had outstanding
$1,325,000 of St. Louis division 3s of 1951, $3,065,600 of Illinois
Central 4%
leased line stock certificates, and $660,000 of sterling 6s,
extended as 4s of 1951.
These totals represent reductions of $138,000,
$403,000 and $142,000,
respectively, since Dec. 31, 1945. 7-/.7.
The
stockholders
on
18 voted to change the company's namo
Corp. and at the same time approved a pro¬
Sept.
to Interstate Engineering
to increase the authorized capital stock from 200,000 shares,
par $5, to 500,000 shares of $5 par value each.
Approval was also given'to a management* and employee stock pur:
Acquire Subsidiary—
It
is
quired
that effective July
.7,
.
,
.
,
'
v(
1946, this company has
the Yazoo & Mississippi Valley RR.—V. 164, p. 1209.
announced
1,
ac¬
Corp.—Changes
;
posal
•
7
& Engineering
Capitalization—
Aircraft
Name and Increases
it is reported that as of Aug.
Havana Lithographing Co. (Compania Litografica de
la Habana)—15-Cent Common Dividend—
Partial Re¬
—
■
.
called for redemption on Nov. 1, next, for accountr
Of the sinking fund, $54,000 of first mortgage 60-year 5% gold bonds
and £57,640 of 5% first mortgage 60-year gold bonds, due May 1, 1972,
at par and interest.
Payment will be made at the Empire Trust Co.,
trustee, 120 Broadway, New York, N. Y.—V. ,164, p. 1209.
7
.
'■
Chase plan.
It was stated
that the company no longer makes
products.—-V; 159, p. 1354;
.■
7.7.
■
,
..
,
aircraft or aircrafi
Sales
__
—V.
164,
1329.
p.
,
:
—Asset Value—
Aug. 31, 1946, based upon the balance sheet on that
securities owned adjusted to market prices, was $32.94.
at
This asset walue compares with $34.98 oh
Aug. 31. 1945.—V. 164. p. 828.
;
date, with
JBJuly 31, 1946, ft**® $30.58
>
on
'
Period End. Aug.
'
r.
able Oct.
The
Sept.
Extension University, Chicago,
La Salle
to
of
trading
$5,
Exchange
Net
Angler Biddle Duke, President of A. B. Duke & Co., and a director
Duke International
Corp,, has been elected a director. A. B. Duke
Co., of New York, recently acquired a financial interest in Jack
& Heintz.—V. 164, p. 557. ;
sales
Sept. 7—
Dandy
Mining
Springs,
Colorado
Shares,
filed
Colo.—
letter of notification with the SEC
a
stock
common
on
behalf of Inter-Mountain
•
Inc.
Offering price, 2 cents a shart.
Underwriter, Inter* ,
Shares will do its own selling.
Proceeds go to the selling
prevtout
VH
Mountain
The
placed
Nicolaus
&
Co.,
debentures
of
Inc.
Proceeds
Johansen
Valley-Shoe Corp.
of
will
Brothers
and
St. Louis,—V.
privately
Stifel
be used to redeem $48,000 5%
to acquire 80% of the stock of
164, p. 828.
Latz
The
i' '
;
*
?•.
\'p
y*
i-r~V'P
.
1
'
•
A
>(
1
'
^ ■»
^
5"
' i
f-
v
'J
V '*•
U
C*
'
f*
i
♦ i
'_'V.P
?,
>
Kaufmann Department Stores,
Inc.—Proposed Merger
See
May Department Stores Co. below.—V. 164, p.
The
Serious
material
supplies
shortages
orders
is
affected
dent, announced
be
can
the
forecast
to
caused
this
when
sub¬
corporation
to
The- total
backlog of
$6,000,000, W. Wallace Kellett, Presi¬
approximately
on
Inability
have
production field.
Sept, 27.* V
The corporation will operate
.
for
the
only
in the
field
of
development,
the
purpose
for
which
the
company
was
founded, Mr. Kellett said.
The company currently is
engaged on three
separate helicopter projects for the
Army Air Forces.
Later, other
production may be considered, he stated.
The corporation's experienced
helicopter experimental manufacturing and
engineering units have been
'
-
„•
.'w ii2an **200.000. to.the
V.
p.
with several manufacturers who
net
assets
$176,000,000
by
the
report
of
the
low
report
of
the
as
ended
year
During
the
outstanding
net
a
'Standlng
on
Keystone
with
Funds
$135,000,000
total
now
last
year,
$50
fund
Series
was
annual
annual
"S4"
for
net
to
of
as
of
$25,695,139.
1.285,630
share
1945,
assets
$19.49
The
to
for
compared
the
the
Series
"B3"
number
of
fund
shares
1,349,591,
amounting
to
1,285,630 shares out-
the
With
$19.04
for
the
1 349
shares
outstanding on July 31, 1940. In addition to the regular
distributions, a
speciaL distribution of
capital gains of $1 14
Der
was
paid on July 15, 1946."
.JotaLnet assets oi the Series "84"
490
with
1,630,639
per
share,
shares
to
outstanding
$19,474,402
with
fund
on
increased
July
2,875,309
from
1945
31,
shares
on
1946,
$9,762
equal
July
-
to
31
or
$6.77 per share. Adjusting the
July 31 net asset value per
to include the
$1.33 special distribution of capital
gains, paid
July 15, 1946, the total increase in net asset value
per share
during the fiscal year was more than 35% .—V.
164, p. 1329.
snare
on
Kool-Aid
Bottling Co., Inc.
Offered—
-
the
common
also
declared
value
par
the
preferred
first
the
The
$45
;
common
of
■
par
Oct.
Dec.
plan of
1945,
a
paid
1868. *
redeemed
will
Commercial
New
York, 46 Wall St., New York, N. Y.
$187% per share.—V, .163, p, 2582.
1,
•
-
1946, and 50 cents
' 'V--*
-■
of
4^;':
par
A
similar
distribution
with
compares
five
made
was
cents
Oct.
on
Oct.
9,
last
1944.—V.
on
16,
163,
Sheboygan, Wis.—Stock
An issue of 280,150 shares of
common stock (par $1) was
recently
offeredto residents of Wisconsin
only by Heronymus & Co. Sheboygan
The price was $1 per share.
The stock was offered as a
soeulation.
•-•••.r-: •
-Wis.
planned
will, vote
to
offer
stock, as may be determined
offering.—V. 163, p. 3420.
'
of the
by
the
directors
CAMTALKATTON—Authorized
capital
(par
$1),
350,000
shares:
public offering in, and to residents of, Wisconsin
only, 280,150 shs.
Sheboygan
Goodman
and
Heronymous.
The
Co. of
ot
company
has
obtained
Chicago to bottle
seven
various
franchises
flavors
Kool-Ald."
/
of soft
*
from
drinks
' /
:
Perkins
under
'
the
at
Bank
&
Trust
have
been
called
for
redemption
Oct.
on
1,
$13,500
next,
of
first
;
v-;\:
A
-
company
74,000
its
Sept. 6 filed a letter of notification with
on
shares
will
be
product.
($1
used
par)
common.
assist
to
company
the SEC
Offering price, $1 a share.
in the sale and distribution
not underwritten.
Issue
f,.
The
25
of
Accrued dividends aggregate
Company
trustees
cents
holders
declared
have
share
a
quarterly
a
investment
from
income,
dividend at the rate of
Oct. 21 to ,;tock-
payable
This compares with 26 cents paid on
July 20, last, and 22 cents cn April 20, 1946. Payments in 1945 were
as
follows: April 20, 21 cents; July 20, 26 cents; Oct. 20, 20 cents;
and Dec. 24, 34 cents, plus a special of 50 cents.—V. 163, p. 1570.
record
of
Sept.
30.
Mathieson 'Alkali Works (Inc.)—Chairman Elected—
Otto J Feucht, John P. Collett and William N. Fleming, Jr., liqui¬
dating trustees under indenture of trust dated Aug. 23, 1933 for The
($100
American
par)
National
stock
common
The principal
Bank
of
of
R.
A.
Abijah
Indianapolis, own 1,302 shares
Lemcke Realty Co.
(Indiana).
is
115
at
situated
The
send
of
asset of the corporation is
on
the
amount not
All
the
bids
returned
recently
from
where
Europe
according
15
or
Dolan, President.—V.
to George W.
164, p. 424..
(W. L.) Max son Corp.—New Vice-Pres. of Unit-Howard
that all persons; interested In purchasing this
Oct. 4, 1946, written cash bids for the pur¬
stock, accompanied by a certified check in an
above
less than 10%
should
which
of
has
been
appointed Vice-President In
charge
Products
the
natae
of
Electric Products, Inc., of Cincinnati, Ohio,
acquired by the W. L. Maxson Corp., engineers,
Victor
recently
was
York.—V.
of New
of the written bid submitted.
boll
F.
Engineering
before
164, p. 1087.
be
in writing and should be mailed or delivered to
office, American National Bank Building, Indian¬
and should he received by. 10, o'clock a.m. on Oct, 4.
their
May Department Stores Co.—Proposed Consolidation
Lerner Stores
approving the proposed
consolidation of
this
company
with Kaufmann Department Stores,
Inc.
The latter corporation has called a special meeting of its stock¬
holders for the same date. Subject to favorable action by stockholders
trustees
apolis,
at
Corp.—August Sales Increased 17.6%—
Period End. Aug. 31—
1946—Month—1945
Sales
$7,670,632
1946—7 Mos —1945
of
$6,525,038 $54,707,264 $51,574,863
both
companies,
tive about Oct* i,
Extra Dividend—
an extra -dividend of 25 cents per - share;
regular quarterly dividend of 31% cents per share on the
stock, both payable Oct. 15 to holders of record Sept. 30.,
Including
the
three
quarterly dividends of 31%
cents
each
paid
earlier
this year,
dividends in 1946 will total $1.50 per share, as
against $1; in the calendar year 1945.-*-V, 164, p. 829.
the
stock
common
common
share
each
stock of
vote
Sept.; *30
.
it ft expected the consolidation
no
of
par
will become effec-
1946.
May
Kaufmann
of
proposed to issue one-fifth of s
stock and 9/10ths of a
value is to be increased from 250,000 shares to 350,QOO
There
552,662 shares of Kaufmann common
are
CONSOLIDATED
Lidgerwood Manufacturing Co.—Moves Exec. Offices
It
is
executive
announced
offices
at
that
7
this company
Dey Street,
RESULTS
stock outstanding.
FOR SIX MONTHS ENDED JULY 31
•1946
Sales
Net
Net
Shares
are
being
sold by Harry
owned
,
..
,
,
'
common
The
subsidiary
$500,000.—V.
Bloomberg, president of com¬
.
before Fed.
after taxes
per
•Includes
The company on Sept. 25 filed a registration statement with the SEC
for 75,000 shares
($1 par) common.
Underwriter, Riter 8? Co,, Newv
York.
profit
profit
Earnings
"
164,
Wm.
on
P.
taxes
income
1945
$89,003*000
11,677,000
8,927,000
~
$121,540,000
14,677,000
.
Oct. 1, 1946, will establish
New York, N. Y.—V. 160, p. 1527.
on
Limoges China Corp., New York—Registers With SEC:
pany, who will receive proceeds.
share of
Department
Stores
Co.
in exeftange
for
common
stock.
The authorized preferred
and 110,532% shares of $3.40 series will be required in the
exchange. The May company already has outstanding 150.000 shares of
$3.75 series.
A total of 248,697 9/10ths shares of May common stock
will also be issued in the exchange.
- '
:
Foster
,
^
shares,
Liberty Mutual Insurance Co.—New Director—
H.
S. Brown,
Chairman of the board and President of
Wheeler Corp., has been elected a director.—V. 161, p. 1774.
will
Under the-merger agreement, it is
share of $3.40 cumulative preferred
The directors have declared
and
stockholders
The
-
Wis.
John
he
North
a
trustees propose
stock
who
Fox,
as
Deputy Director, Finance Division, U. S. Military Govern¬
ment, Germany, has been elected Chairman of the board of directors,
a 99-year lease of the prem¬
Pennsylvania St., Indianapolis, Tnd., upon which
story and basement office building known as the
Consolidated Building.
ises
U.
served
•
in
•
Massachusetts Investors Trust—Declares 25-Cent Div.
?
ORGANIZATION—Company was incorporated
on.^larch 18,, 1946,, by Roland Karste, Kenneth
2,'-"
Jan.
on
■
396,000
stockholders
is
The
22,167 shares had been issued under
National
•
46l..A;r\v:,-.y y;#>
for
be made upon presentation of all holders' certificates
will be issued for the balance of the shares not
The
at
"
-•
Proceeds
certificates
new
April
on
-
Marshall Drug Co., Inc., Philadelphia—Files With SEC
recapitalization.
Payment
:
Sept. 19 declared a dividend of seven cents per
value capital stock, of which there are issued
shares, payable on Oct. 17 to holders of
on
$1
3.
common
p.
total of
.
mortgage bonds due 1956 at 101% and interest.
Payment
Royal Bank of Canada in Halifax, Charlottetown,
St. John,
Quebec, Montreal, Ottawa,
Toronto, Hamilton,
Winnipeg,
Regina, Calgary, Edmonton,. Vancouver or Victoria, Canada.—V. 162,
4.
26,
'
will be made at The
additional dividend of $1.50 per share, have been
preferred stock, both payable Oct. 15 to holders
an
t
Maritime Electric Co., Ltd.—Partial Redemption-
the prior
on
record
and
the
Oct.
4%%
prior preferred stock, pro rata from all preferred stockholders
Oct. 4, 1946.
A regular quarterly dividend of 37% cents
share, plus
declared
a
cents
directors
on
There
cent
56V4
record
Of
60
163, p.
which
time
corporation' has called for redemption on Oct. 15, next, at h
50% of all- of the issued - and outstanding shares of
of
151,
♦; *
stock for the fiscal year
per share,
per
•
Nov. 7 on authorizing a new issue of
prior preferred stock, par $100.
preferred stockholders a voluntary exchange
of one share of present pi eferred
stock for one share of the new
preferred stock, plus not less than six nor more than eight shares
quarterly dividend
stock,
Canada.—V.
vV-y* *
A
15,000 shares of 41/2%
-
share
$5 99
the
"
Marion Power Shovel Co.—Plans Exchange Offer—
Called f6^ Redemption—
chase
total
from
per
31/
stock
more
it
year,
1946.
$25,058,077
value
July
ten
common
31,
increased
asset
the
priced
fiscal
increased^ from
of
compared
July
on
Montreal,
or
(R. A.) Lemcke Realty Co.—Sale of Stock—
Keystone Custodian Funds,
Inc.
in their
priced bond fund Series "B3" and their
low
fiscal
cents
Winnipeg, Toronto
2857.
p.
on the new
payment to be
payable on Oct,* I to holders of - record, £ept, 21, 1948.:—V. 164; p. 423. :
;
in
outstanding
year,
30,> 1946 up to 31% cents.
directors
The
4%%
plant at North Wales, Pa.
company has been approved by the RFC.—
281.
.CombinedI
11
bank
oil division;
division; rotary
have declared an• extra...dlTidettd'^d^^oenia pe*
usual
quarterly dividend of 60 cents per share on
stock, no par value, both payable Oct. 1 to holders of
15. Like amounts were paid on July 1, last, which com¬
Sept.
record
It
'
dividend of
a
outstanding
Maracaibo Oil Exploration Corp.—7-Cent Dividend—
Initial Pre¬
*
off
pay
the
with
The
may
Keystone Custodian Funds, Inc.—Asset Values
Higher
than
)&:..
declared
total payments on
ended Sept.
Fletcher
disclosed
have
—
to
directors
1946.—V.
,
The corporation is
negotiating
sublease substantia! parts of its
164,
brings
As of
present
he.icopter
retained.
directors
no
and
received
commercial
and
Canada
and
pares
Lefcourt Rea.lty-Corp.^-50% of Prior Preferred Stock
Corp.—Withdraws from Commercial
Production Field—Receives RFC Loan—
stantial
Co.—Larger Common Dividend
used
outstanding 5% first mortgage sinking fund debentures
1, 1940, have been called for redemption on Oct. 1,
and interest.
Payment will be made at the Imperial
103
common
record
With
stock, payable Oct. 1 to holders of record Sept. 21, 1946. This dividend
compares with a dividend of 7 cents paid in the preceding quarter
1210.
Kellett Aircraft
withdraw from
.The
The
6%%
'
of
share
($25
ferred Payment—
be
Mapes Consolidated Mfg. Co.—Extra Dividend—
on
shares
will
.*
Sept. 5 filed a letter of notification with the SEC
par) 6% cumulative preferred and 4,000 shares
Offering price, $25 a unit consisting of one share
of preferred and one share of common.
No underwriting.
Proceeds
will be used for reduction of mortgages and loans and purchase of
equipment, supplies and other facilities.
company
cor¬
3565.
p.
and
Le Roi
plan of reorganization recommended by the committee for the
bondholders will be considered
by the bondholders at a meeting
ip Toronto, Canada, on Oct. 4,
Under the proposed plan, the bondholders will receive
$130 prin¬
cipal amounts of 4% bonds of a new
company for each $100 of the
present bonds, and will forego all claims for Interest on the
present
bonds.—V. 145, p., 2697.
Bank
common.
'
Jones Bros Co. of Canada, Ltd.—To Reorganize—1
the
March
at
share
($1 par)
stock, increasing the number of shares issued and outstanding
to 210,000.—V.
161, p. 1204. y
of
1946,
"
for 4,000
1946,
of the
York—Files
New
Inc.,
14,
Manitoba Sugar Co., Ltd.—Debentures Called—
All
the
SEC—
common
;
Service,
(Harry)
Proceeds
lumber
.
by
ended Sept.
businesses:
dated
^
primarily to the constantly growing population
southern part of the State.—V. 164, p. 1329.
>;'•
Johnson, Stephens & Shinkle Shoe Co.—Stock Split-tip
The stockholders on" Sept. 18 approved a two-for-one
isplit-up of the
! .f*
1329.
atributed
ness
week
Company is engaged in six different
building division; construction division;
mud division, and crushed rock division.
has
company
week ended Sept. 21, 1946,
22,238,600 kwh. for the cor¬
28.0%.
rig
the
to tbe iiuiouncemenL
.
share.
a
.
loans.
under consideration
plans for increasing its
capacity in southern California in view of the fact that its present
facilities are fully taxed due to its steadily increasing volume of busi¬
Inc., St. Louis—Stk. Sold
An Issue of 53,221 shares of capital stock was offered for
subscript
t'on to common
stockholders at
$5,625. per
share.
Rights expired
Aug. 21 and stockholders subscribed for 53,188 shares leaving only
33
shares unsubscribed for which were
increased
have
year^ according
....
stockholder.
Johansen Brothers Shoe Co.,
Co., Los Angeles.
quarterly dividend on the class B
stock to 30 cents per share from 25 cents.
They also declared a
regular quarterly dividend of 50 cents a share on the class A stock,
both payable Oct. 15, 1946, to holders of record Sept. 30.
The Increase in dividend on the class B stock was prompted by the
improved earnings for the fiscal year ended June 29, 1946, which
earnings are expected to be released in the annual report the early
part of October.
Earnings for the first quarter of the new fiscal
year, ending Sept. 28, show a further improvement over that of the
^es With SEC—The company on Sept. 5
for 888,500 shares (lc parj
directors
The
the SEC
$100
Macco Corp., Clearwater, Calif.—Registers With SEC
Sept. 9 approved a
shares from 285.716 to 571.432.—V. 164. ».
price,
The company on Sept. 25 filed a registration statement with the SEC
for 100,000 shares ($1 par) capital stock.
Underwriter, Bean Witter &
Langendorf United Bakeries, Inc.—Div. Increased—
$4,558,589 $55,583,263 $40,909,543
Co.,
on
12 filed a letter of notification with
Sept.
on
output of this company for the week ended Sept. 7, 1946,
totaled 26,735,000 kwh., as compared with
21,647,000 kwh.- for the
corresponding week last year, an increase of 23.5%.—V. 164, p. 1452.
65.6%—
164, p.
Joe
held
company
Electric
1946—Month—1945
1946—8 Mos.—1945
$2,234,992 $29,112,940 $23,447,282
the annual meeting
stockholders at
Vtc—
totaled 28,602,000 kwh., as compared with 22,196,000 kwh. for the
responding week last year, an increase of 28.9%.
proposal to split the common stock two-for-one, increasing the number
1946—36 Wks.—1945
1946—4 Wks.—1945
$7,551,125
Inc.—Partial Redemption—
Split-Up of Common Shares Approved—
The
Co., Inc.—Registers
Louisville Gas & Electric Co. (Ky.)—Weekly Output—
$3,144,800
-
-
of authorized
sales
.
Electric output of this company for the
totaled 28,469,000
kwh., as compared with
responding week last year, an increase of
Electric output of this company for the
Inc.—August Sales Increased 40.7%—
Lane Bryant,
Period End. Aug. 31—
Inc.—NewDirector
of
Retail
BLr-Listing—
of
a
has called for redemption on Oct. 1, nekt, $9,400 of
first
(closed)
mortgage sinking fund 6!/2%
guaranteed gold bonds
at 105 and interest.
Payment will be made at the Bankers Trust Co.,
trustee, 16 Wall Street, New York, N. Y.—V. 164, p. 727.
&
—v.
17
for 400 shares of $100 par preferred.
Offering
Proceeds will be used to increase working capital.
The company
Sept. 24. This compares with 30
1945, and an initial of 50 cents on July 24, 1944.—
Jewel Tea Co., Inc.—Current Sales Up
The
the original listing of 268,528 shares of capital stock,
total authorized issue of 350,000 shares, for admission
at a later date was announced by the New York Curb
on Sept,
18.—V. 163, P* J429.
Approval
par
V. 159, p. 2637.
Period End.
Oct.
SEC—
1946,
7,
responding period last year.—V. 164, p. 1080.
17 to stockholders of record
Jack & Heintz Precision Industries,
stock,
Longyear (E. J.) Co., Minneapolis, Minn.—Files With
number of stores in operation during the four weeks
was 2,649, compared with 2,789 during the cor-
average
ended
.dividend of 50 cents per share, pay¬
a
V
share
per
Co., New York, will act-as agent and depositary,—V. 163, p. 2856.
47,764,693
Lackawanna Laundry Co.,
cents paid on Dec. 8,
$4.50
preferred
The company on Sept. 23 filed with the SEC voting trust certificates
for 500,090 shares ($1 par) common stock.
City Bank Farmers Trust
1946—4 Wks.—1945
1946-—36 Wks.—1945
$
$
$
t I
30,769,458 366,290,646 300,814,938
Period End. Sept. 7—
Isle Royale Copper Co.—50-Cent Dividend—
directors have declared
of
6%
$12,125,173
Sales
,
The
the
on
"
'LoiiginesTWlUuauer Watch
13
Sept.
on
dividend
a
dividends
t<r holders of record Oct. 3. ^'-Arrearages «ir -the
1, 1946, is reported as $19.50 per share.
Otherpayments; made this year on the preferred stock were
.as follows; Feb.
£ $2.50; and April 25 and jJuly^TS,;:
each>^
payable
(The) Kroger Co<--Current Sales Up 55%~r
declared a final quarter dividend distri¬
bution for the fiscal year of 72 cents per share, payable on Sept. 27 to
shareholders of record as of Sept. 12.
This dividend was derived from
approximately 61 cents per share cn profits on the sale of portfolio
securities for the entire fiscal year and approximately 11 cents per
share from, interest and dividend income during the final quarter of
the fiscal year which ends on Sept. 30.
.
The total distribution for the
12-month period ended Sept. 30 will
total $1.04 per share as compared to 86 cents per share distributed
during the comparable period a year ago.
Earl E. Crabb, Chairman of the board, and Chairman of the fund,
reported that net assets as of Aug. 31, 194G, were $93,524,148, with
shares currently held
by more than 46,000 shareholders.
Investors
Syndicate, Minneapolis, is principal underwriter and investment man¬
ager of the fund.---V< 164, p. 423.
directors
declared
20
of
.1.
—V. 164, p. 1086.
Mutual, Inc.—-Declares 72-rCent Dividend—
Investors
The
—.
Sept.
on
accumulated
of
a
continuation
issue as of Oct.
1946—Month—1945
$9,643,314 $88,749,694 $75,648,856
31—
Sales
f.'?
~
directors
account
on
Sales Hose 25.7%—
(S. II.) Kress & Co<—August
4
underwriting.
Proceeds will be used for
and for laboratory and research expense?.
Lit Brothers, Philadelphia, Pa.—$4.50 Dividend—
The
itoren in operation, as against
outstanding
share of this company,
The net Asset value per common
as
No
business
;
$20,782,641 $16,716,173 $145,743,695 $133,438,822
At Aug. 31, the company had. 1701
709 a year ago>-V. 164, p. 1086,
■•
^
The company on Sept. 5 filed a letter of notification vith the
40.000 shares ($1 par)
capital common.
Offering price, $1
•
for
1946—8 Mos.—1945
1946—Month—1945
Period End. Aug. 31—
Sales
America^ Dos Angeles, Calif.
'-■n.'v.r..:^.<;,,,:^-«^:'A.*»',;:: 'Monddy^Scptwiibcf 'BO," 1946
-
share.
24.3%—
(S. S.) Kresge Co,—August Sales Increased
Hee Interstate Aircraft & Engineering Corp. above.
(The) Investment Co. of
^ '
Liquid Coal Gasoline Corp., Hackensack, N. J.—File
With SEC—
cases,
each
in
plant
bottling
(Caltf.)—-Nfew Name*—
Interstate Engineering .Corp.
bottles,
equipment,
^
1946—Month—1945
1946—7 Mos.—-1945
$4,659,498
$3,215,048 $28,038,497 $24,193,747
[%'P
;v : '
Period End. Aug. 31—
will be used lor the purchase of machinery, ;;
materials and supplies to properly set up a
territory, for working capital to serve the
territories covered under the franchises and to pay commission on th0~
sale of'the "stbckl.
,"/■
•PURPOSE—-Proceeds
Interstate Department' Stores, Inc»—-August Sales^—
.
COMMERCIAL&;FINANCIAL GHRONICLE-'-
THE
4596
$2,627,000
$3.51
share
Son
Taylor,
Feb.j 1*
559.
^
8c
1946.
j
(Continued
'
Co.,
$After
contingency
^
on page
$1.00
which beeame- a
majority
reserve
of
b
1634)
-
i:-
.
Volume 164
Number 4529
"
-
"*f THE COMMERCIAL
/
'
'
ii Stock Record
& FINANCIAL CHRONICLE
New York Stock Exchange
«»
DULY RANGE OF PRICES
WEEKLY VOLUME OF TRUING
YEARLY RANGE OF SALE PRICES
FOR EVERY LISTED ISSDE
LOW
AND
Saturday
Monday
Tuesday
Sept. 21
Sept. 23
Sept. 21
69
*99
CLOSED
70%
115
io
STOCK
EXCHANGE
6$%
10%
39
;
38%
15 y4
14%
•48 %■
48%
48%
47 V2
15 ;
49'A
27%
28%
28%
27%
28
27'A
27'A
10%
11
11%
11%
12
ll'/a
11%
49%
50
45 %
27
28y0
27
10%
11
10%
14"%
14%'
45 %
5%
96
31%
31%
97
5%
31%
5%
95
32%
95%
1
5%
30%
.6
3%
37
32%
35%
55
54
55
40
42%
38%
41%
42%
*96 V
100
*19
163
19
!•,*
19
158
162
30%
31%
41%
*93
37%
*99%
*56
43%
44%
*90
41
38%
39%
30
29%
30%
*102
'
Allied
Mills Co
Allied
100
103
38%
18,800
30%
*28%
>■
7 „ >
29%
7%
1,300
3,300
47%
47%
7
7
*47%
52%
*47
52
65
65%
65
65%
67%
69%
71
71
71
40
41%
40%
40%
40%
'41%
43
43
42 y8
43
11%
12%
11%
12%
11%
12%
11%
12%
11%
12%
68,000
American
29 y4
31%
28%
30
30
31 %
31
31%
30
30%
2,900
American
74%
75
73%
73%
72%
72%
73
"
14%
15%
14
41%
39
40
1
7%
*106
110 %
*105
24%
26
25%
15%
39%
40%
8,900
1%
110
106%
*103
106 %
106%
106%
126
130
*126%
130
126%
130
*106%
20
21
19
20
20%
21%
21
21%
21%
20%
21%'
22
24%
23
103%
103%
45
102
101
101
102
50%
6%
6
6%
15%
15%
14
14
14%
21
19%
20%
21
6%
14%
20
50
.
21%
6
5%
7
102
105
19%
6%
6%
*101%
21
21%
94
94
92%
39%
39
*95%
95%
39
39%
39
6%
6%
6%
6%
6%
95
45
10%
12
12
11%
96%
40
41
6%
6%'
45
45
97%
98%
11%
111
*106%
28%
25%
112%
12
98
11%
11%
*105y2
111
11%
*10%
11%
11%
*11%
28%
27%
114%
114%
*11
115
115
115
115
Scpi. 22
Sept. 21
$ per share
9 per share
.
American
„100
Nopar
_
10
5%
100
19.
90
37%
—
25%
STOCK
*101
26%
25%
26%
26%
27
26%
101
101
102
*101
103
XlOl
15%
15%
14%
15
15%
15%
25 y4
CLOSED
26%
25%
26
26%
27
*153%
156
156
*153
153
153
*16
26%
154%
26%
27%
*99
101
10,600
16%
15%
900
16
26
26%
'
*153
154%
6,500
110
156
11%
11%
11%
11%
11%
11%
11%
12%
12%
12%
34%
36%
35%
37%
37%
39%
37%
38%
37%
38
10%
12%
10%
108
105
:
1
34 Va
31
104%
15
American
75,800
114%
114
115%
5,600
$6
104
114%
.114
115 %
5,700
$5
15%
15
15%
42,400
Am
34%
52,600
104%
920
183
32%
34%
33
104%
105%
105
105
*179
34%
33%
:•
104
105 >
San'y_..—No
Mill
American
14%
16%
16%
16%
16%
16%
17%
8,000
20%
21
20%
20%
21
21
21
21%
3,100
34%
34%
34%
34
35
36
36
1,120
Amer
12,800
Amer
39
*38
*166
47%
•
1
50%
50%
178%
176%
39
38%
39
170
*166
32
31%
29
51%
51%
177
174
39%
38
170
*166
*166
51::
51%
38%
38%
*166
170
"
28%
.
32%
34%
33%
29%
*29%
39
900
170
American
6%
29%
12,000
1,200
41
25
<S£»74
42%
25%
140
138
*55
57
*56
171
74%
I
77
153%
174%
76%
:
172
75%
77
78
153%
51%
53%
116%
*116%
14%
16%
27
41
141
138
138
V-
59
*58
52%
60%
175
76%
159
-
53 %
76
76%
79 V4
54
80
79%
157%
.
158
157%
54
54 V
55%
117%
117%
117%
15% 416%
15%
16%
*116%
,
*59
77
80
42%
*134
173% 175%
171% 173%,
157%
117
25%
"
41
f
r*, 76
78%
.
156
51%
116%
*25%
59
57%
74%
79%
154%
41
*134
138
170
25%
40%
41
40%
*125
24%
;■
Steel
*117%
'
1,500
42%
Sugar
100
20,000
w,'y:
76%
2,500
80%
157%
*102
40%
130%
*121
103
44%
39%
136%
138
104
*102
i:
42
42%
130%
125
W-'- *116
*102%
131
;
140
*126
103
♦102
>
44
41%
134
16%
*102%
103
433/4
;
131% 136
135%
•126
4 42%
136
*128
140
55 %
10,200.
>
16%
200
104
39,100
,
43%
15,200
138%
2,400
140
1
7%
♦64
8%
72
36%
38%
44 y4
45
41
7%
42%
•111%
52
36%
*44%
40
52%
16%
17%
15%
.5%
5%
31
For
footnotes
see
jf
i
38
*44%
45
,
<14%
30
1607.
41%
^
5%
31%
page
37%
15%
.
—
P
7%
•64
41%
*111% 112
52
52%
112
*14%
v
7%
72
,*64
•111%
54
16%
16%
S 14%.; •
•
5%
30%
;
-
15
8
72
7%
*64
•
38%
-39
8
72
39%
"
7%
*64
38%
45
44%
45
*45
43%
44%
45
45
111%
112
*53
54
17
•15
5%
31::
31%
54%
16%
17%
*15 " *15%'
p
'
5%
1113/4
!.
5%
n
5%
32
♦in
7,600
8%
72
__j.
39%
32,800
430
46%
45
3,000
111%
10
*53;v >54%
17% t 17%
900
*15
5%
52
Amer
7,000
3.3%
600
5%
2,500
2,200
32%
'
11%
Dec
43% May
71
Deo
28
Jan
43
Dec.
20%
Jan
41"%
Dec
69%
Jan
80
Jun
23%
Dec
15 y2
X41
Aug
Mar
128
Oct
Common
Co—
Refining.
9
8
172
30% Sep
19
96
.—No par
24
Sep
100
40
Sep
Corp—
prior conv preferred
Anaconda Coper Mining_
$5
Anaconda Wire & Cable
Anchor Hock Glass Corp
_
_
Jan
Copper
W
Paper
Dec
127
Nov
42
Dec
150%
149
112% Mar
Dec
Oct
13%
Jan
29 Va
18%
Jan
27% Dec
ifV
••
Nov
-p
57
Dec
30%
Jan
3%
Jan
9%
Dec
10%
Jan
19%
Nov
2%
8%
Jan
96
Jan,
20%
Jan
Xll7%
./■
40
Nov
Nov
Nov
Dec
Mar
109%
38%
Jan
56 y4
Dec
5
Jan
10%
Dec
47
Mar
58
Dec
91
v
68%
109
Jan
6%
14%
Jan
Dec
Dec
70
Jan
103
Nov
9
Jan
15
Dec
7%
Jan
26
14%
41%
Jan
108
Jan
21
123
Oct
Dec
Nov
24%
14
-25
50
Nopar
12.50
No par
Jan
130%
.
13% Nov
Jan
104%,,Dec
Jan
11%
Jan
176
Dec
Jan
89
Oct
17%
Aug
40%
Jan
164%
Jan
41%
Apr
Apr
153
25
Apr
27%
July
121
110% Feb
5
9
5
3
128
Jan
3
182% Jun
125
Sep 24
7
Sep 19
73
Aug 28
90
35% Sep
P 41
8
6
60% Jan 14
10
Dec
Dec
Aug
60
Jan
151
Jan
•'1:
53%
196%
Jan'
Jan
.
90
Dec
Dec
Nov
Nov
Dec
65% Jan
91%
Oct
Jan
161%
Dec
43% Mar
69%
Deo
145%
116%
8%
99%
.
f
9
Sep
Jan
Jan
Jan
100% Mar
121% Mar
26%
112-'
31%
140
il%
Dec
Nov
Dec
Dec
~5%
Jan
83
Jun
29%
,
Mar
60%
May
Sep 10
62% May 28
Sep
9
19 f xll4% Mar 21
l x64% July 11
43% Jan
7 i
27%May 27
15% Sep 24
24% Feb
8
13% Sep
4
10% Feb
5
4% Sep 19
40% Jun
3
26% Mar 22
38
xlll% Sep
Dec
29
31
Sep
51% Feb
43%
Jan
Jan
10
15% Jan 29
130
Dec
Aug
29%
5
29% Jan
70% Jun
164
Feb
128%
Jun 24
28% Jun
Dec
50% Nov
Jan
May 28
Sep 14
Sep 20
181
41
9
78
68%
17%
67% Apr J8.
200% Jun
Nov
4.4% Nov
"
22%
.
10
K
31%
Jan
32
100% May 17
103
Dec
30%
Sep 23
14
Dec
Mar
75
6
174
19%
Jan
65
Sep 18
51
Sep
9
116% Sep 11
95%
184
Jan
15%
99% May 21
77
Nov
142% May
2% Jan
74% Sep 23
150
Dec
: 39%
80%
157
Sep 24
Nov
19%
Jan
Apr
58% Feb
,,
41
54%
4
May 10
38% July 114
158
Highest
9 per share
Mar
11% Mar
3
170
Mining——
20
Co Inc
5
Archer-Daniels-Midland ____Nopar
P
:
Sep 24
47% Jan
8
Co
—21%
Anderson-Prichard Oil Corp—_—10
A
Oct
Dec
Jan
43
19
.
Z—____100
preferred
Anderson, Clayton &
Dec
67%
Jan
27
50% Feb
;
2
4
preferred
100
Wks &: :£lecP—No par
$6 1st preferred—-,i,...-.No par
American Woolen.
---No par
Preferred ;-J__
.-P-*—-*.-100
1% pfd ctfs of dep
100
Amer Zinc Lead & Smelt.
1
Andes
26
27% Jan
Water
;$4
52
10
Sep
174
No par
Tobacco—.
Viscose
17
112%
Jan
110
Jan
199
Jan
39
Oct
135
10% Aug
Feb
6
Jan
5%
Am
Sep 24
Sep
Tobacco—.w_———25
class B—.—
-__25
American
33% Feb
19
Sep
138
preferred
6%
55%
89%
183%
Sep
Aug 29
20
37
-Telep & Teleg Co...
American
420
120
Jan
3%
108% July 12
160
___—
Sumatra
Am
7,600
'
15%
14
Preferred
300
176
35
5
73% Jah 29
191
Apr 20
50% Feb
6
No par
Stove
143
-
Jan
42% Aug 21
25
preferred—
Foundries..-—
American
186
3
100
Stores
American
.
45% Sep
non-cum
Amer
1,500
25%
60%
Dec
23
>
8
Feb 16
Feb-14
23
Sep 30
' Jun 10
•
—_——
'
24%
56 y8
123% Aug
14% Sep 24
.100
Snuff
;American
3
19
'
29
Jan
45% Jun
24
33
No par
Building Co__.
Smelting & Refg__.
Ship
Preferred
,
33%
29%
30%
,
210
33%
34%
29%
,33%
51%
174
174
174
Dec
38 y8
163
95% Feb 26
American Seating Co
33
178%
2
27% Jan
5
Safety Razor new
16%
36
51%
104 %
24
19
Jan
14
100
Rolling
21%
179
Dec
Year 1945
88% Jan
par
4%% conv preferred
15%
48%
Dec
102%
3
3
July 15
17% July 1
60
Apr 10
22% Jun
6
133% Aug 13
179
35
176%
Deo
48%
tper share
10% Sep
—10
20%
16%
Deo
30%
Lowest
97% Jan
.—No par
Preferred
185
*179
183
34%
25% Jun
24
11% Sep 19
34% Sep 23
...
Stand
&
Deo
Deo
Jan
1
106 % Jun
24
140
:
.
Light com. .—No par
preferred
preferred
Rad
20%
27% Aug
20 y8 Jan
45% Mar 21
9
Sep 10
14% Sep
100
...No par
Co
News
American
15%
15%
12%
15%
Deo
Dec
Deo
194
153 y4 Mar
Highest
J per share
Sep
25% Sep
No par
Ltd____.
Co
Power &
Amer
13%
114
13%
24
101
6% preferred
American Molasses Co.
13
12%
.—No par
& Metals,
Metals
103%
*179
33 Va
30%
104
105
3,400
2,800
Amer, Mach
Amer
preferred
cum
114
14%
183
*179
183
3,90%
12%
.
13% Jan
;
14y4 Jan 29
129%May, 15s
44% Apr 15;/
118' May 11
55% Jan 9
12% Jan 28:
63
Jan 28
130
Apr.24
18% Mar30 .
118
May 10
16% Jun. 5
15% Jun 28
44% Jan 15
119
May 22 |
Sep 24
I per share
Par
.Zw-.-lOO
Mach & Fdy Co—
Amer
102
,
100
14%
15%
14%
*179
97%
24
20
108
Jan
Range for Prevloui
'C-C'
112%
12%
112
106
115
99
12
19 :
Lowest
EXCHANGE
•
70
101
27%
.1
40% Jan 10 >
150
Feb
1
164% Jun 14 /
34y2 Apr 22
32% Jan 28
108
Jun 10 i
75
July 10 1
11 Va Feb 15
23J/2 Jun 6
28% Aug 8
Range Since January
STOCK
:
Shares
,26%
Aug
STOCKS
NEW YORK
'
EXCHANGE
;
Sep 10
Sep 19
Sep 11'
Sep 10
6% Sep 20
45
Sep 18
00
Sep 19
8%Sep 24
99% Jan 21
9% Sep 9
11% Mar 12
25y4 Sep 20
111
Sep 11
10
91
July 30
72% May 28
132% Mar 20
5% Sep
4
14
Sep 19
18
Sep
9
__1
.Nopar
Co
42%
17% Feb 1
105y2 Jan 15
210y2Mar 29
101
Sdp 25
43% Sep 19
•
„20
_
tho Week
Sept. 27
SS
Sep 20
l04y4Sep
120
Sep
19
Sep
20% Sep
100
Nopar
__10
..100
May 16
23% Sep 10
par
American Hide & Leather
__1
6% conv preferred
_50
American Home Products
1
American Ice
Nopar
6% non-cum preferred_____
100
Amer Internat Corp
—Nopar
American Invest Co of 111
1
American Locomotive
Nopar
7% preferred
__100
Bales for
9 per share
9 per share
Sep 24
Sep 20
110
.100
Secs____
Hawaiian
Hr~
Sept. 26
Sept. 25
9 per share
500
Friday
Thursday
Wednesday
Tuesday
400
14,800
28%
'
-
Sept. 21
§ Star Share
1,200
12
28
—
11%
11%
LOW AND HIGH BALK PRICES
Monday
Saturday
7,000
300
4,300
9,800
112
28%
.
114%
900
2,900
6%
51
98%
11%
27%
11%
27%
112%
6%
*45
*11%
11%
26%
*113
96
39%
12
10%
10%
10%
95
98
*108
110
♦102
110
♦102
95
39%
48
9%
6%
106
22%
4
0% Sep 20
82y2 Sep 19
189
Sep 19
47% Sep 24
___1
—25
Amer & Foreign Power____—No par
$7 preferred__.__.__.
Nopar
$7 2d preferred A——
Nopar
$6 preferred __i
Nopar
'
98
6%
ll'ASep 24
% Sep 24
13,400
1,800
10,000,
6%
106
22%
9
64% Sep 20
39
Mar 1
American Export Lines Inc new__40
7*
Sep
129
6,700
23
25
72% Sep 26
15%
103%
Apr
45
100
American- Colortype Co___
American Crystal Sugar
4%% prior preferred-.
Amer Distilling Co stamped
American Encaustic Tiling
Amer European
26
9
28% Sep
21%
15
21%
.
53y4
6%
Sep
14
39
L_
Jan
212JA Jun 18
29% Jan 28 ?
39
Jan 30
63% May 27
108
July 29
62% May 31
39% May 27
12>AApr 25
75
Apr 25
91% May 29
53'/a Jun 11
19% Apr 24
45y»Jun 10
88J/2 Jan 14
30 ' Jan 14
64y2 Apr 18
2>/4Sep 10
xl37
Sep 11
x36% Sep 11
25
Sep
9
6% Sep 17
1
preferred.
'22%
10
No par
Am Chain & Cable Inc.—No
Jun
74
Sep
50
—
Deo
60%
Jan
61% May 28
10
Co
0%
Jan
3
__1
Corp
Jan
Jan
19
Dec
56
38
100
Sep
27
~2%
24
18% Sep 24
Deo
Nov
84%
Sep
157
Deo
9%
7
54
113
Deo
28
69'A Jan 28
82
Jan 28
Nopar
__
21
101
101
Aug
8% Jan
103
32V4Sep 24
Chemical-No par
6%
15
10%
96
8%
6%
19
52%
23
22
103%
22%
24
6%
*45
45%
95
9%
9%
6%
105
Sep
52%
22%
101
96
51
97%
*45%
14%
21
21%
*21
V
Jan
3% Sep
2,400 *
1,700
50:$.*
6,500
1,600
1,700
23
122
95
_1
.
r
>
39%
102
19%
102
21%
135
50
Jan
Jano
50
__
& Radio Corp
American Can
Preferred
American Car & Fdy
non-cum
Jan
98y4
15%
No par
Amer Cable
7%
38%
51% May 27
Nopar
;
150
5% conv preferred
320 #>'Anietlcan Chicle
111
130
21%
-
*99
49%
48%
6
6
5%
"
44%
50%
*106%
110
133
130
8,600
25%
21%
10
Sep 10
Note
Shoe
34% Nov
Doc
Sep
Sep 23
Corp
Bosch
Brake
Apr
17
29
19
Rights
5V4 %
preferred
100
110
25%
25%
6,800
51 y2
*108
110
24%
13,700
6,300
500
.
87
195
51
Am
Deo
22%
1
ey4
36
103
preferred
American
47%
59% Apr
8
135
Mar 30
30
_
Airlines
Bank
Jan
6
100
preferred
Petrol
32%
20% Feb
__5
Agricultural
6%
50
8
85
193
51%
*108
106
7%
86%
193%
50%
2,500
133
*131%
8
7%
84%
25%
1%
1%
133
193
110
24%
Amer
88,400
8
51
25%
15
1%
191
Amerada
"130
.
J
40%
133
51%
50%
109"%
47%
52%
,73
16
•
86%
84
1,300
39%
1%
190%
*72%
2,000
71
<
15%
40%
133
7%
7%
85%
190
190
'
133
7
82%
88
192
49
1%
134%
*132
7%
86%
190%
39%
.
1
%
1%
134
*131%
16
15%
15
39
*72%
K
3
:
8
.
68 Va Jun
No par
Amalgam Leather Co Inc
conv
Deo
41% Jan 28
4
—Nopar
Inc__
Mfg
Portland Cem
6%
Deo
21%
24% Feb
12 Va Feb
100
Deo
35
19
;
Dec
17%
Apr
13 y8 Mar
Sep
Nopar
Co
Allis-Chalmers
Alpha
Jan
5
No par
Corp—preferred
4%
200
'7%
Kid
9%
25 V2
9
_1
Dye
Stores
37%
7
7%
VC:
39%
28%
52
Allied
1,800
32%
40%
39%
6%
900
32%
&
1
May 28
Sep
__100
Allen Industries Inc.—
21,300
23
*21%
103
preferred
Moh
;
114
Jan
10
Min
common
Chemical
Feb
60
__5
Gold
Alghny Lud Stl Corp.
Alleg & West Ry 6% gtd__
Allied
19
X50
May 13
112
Corp
(__1
pfd A with $30 war
100
$2.50 prior conv preferred-No par
500
41%
29%
*45%
;
169
100
5%%
5,200
20%
37
7%
'
Nopar
Ry
Allegheny
19%
32%
41%
4 'A %
;
163%
40%
30
Inc
19%
32%
38
45%
''
•
20%
*100
Aldens
10,600
100
32
30
7
44%
41%
103
Juneau
400
20%
103
Inc..
&Vicksburg
Alaska
9,800
1,700
58
■
Alabama
1
Highest
tow
•
84% May 13
24% Sep 19
10
Sep
4
37yaSep 27
10
•
7,900
52,800
31
105%
Admiral Corp
Air Reduction
162%
v
.
164
38%
45%
*91
19%
161%
Address-Mutlgr Corp
44'A Jan
Lowest
High
9"% Sep 24
30 Va Feb 26
13% Sep 19
.^->10
_
No par v
4Va
:
Co
Adams-Mills Corp—
19,800
37
42%
100
*18%
164
20%
4
41
104
57%
Motors
Acme Steel Co_—
Adams Express
3,300
40%
19%
19 %
21
31%
31
X38%
57%
ACF-Brill
;_1 v
99%
4
36
19%
19
162
18%
20
159
99%
4%
37%
100
*90
99
99%
4
36
43%
57s/4
*90
*98
&
61% Apr 12
112
Jan
2
—_
f*'£_____
5%
32
com
Straus——
1,900
32
32%
No par
Nopar
2.50
Abbott Laboratories
year 1945
Highest
Lots
2,500
;
38 Vb
5%
-
59
35%
55
5%
Lowest
600
.
115
♦102
32
-',4%
36%
4
4
33%
37 ya
39%
115
5%
99
89
3%
4
37'A
*100
115
'101
115
*100
'
41%
39
40%
38%
42%
120
31
3,800
1,500
8,300
11%
41
.
14%
13%
5%
10%
41
Range Since January 1
Par
Abraham
15%
50%
15 y4
39%
11%
3,800
120
40ys
'40
70%
*104
Range for Previous
■
NEW YORK STOCK
EXCHANGE
Shares
share
'
13%
•100
per
69%
120
10%
11%
39%
10%
*
39
9
70%
*95
120
'101
10%
9%
•
38% : 39%-
70
70%
69%
Sales for
the Week
Friday
Sept. 27
■
t per share
9per share
69%
120
♦96
Thursday
Sept. 26
Sept. 25
tper share
$ per share
t per share
STOCKS
HIGH SALE PRICES
Wednesday
1
Jan
49
Nov
Jan
57% Dec
38%
0
24%
Jan
July
38% July
109
Dec
45
Dec
113
Dec
49% Nov
23%
Nov
4%
Jan
9%
Nov
*>3%
Sep
30 %
Oct
12% Aug
v
THE COMMERCIAL &
Monday, September.30,1946
FINANCIAL CHRONICLE
NEW YORK STOCK RECORD
Tuetday
t per
9 per thare
there
4 10%
STOCK
j
CLOSED
49J/a
47%
81%
*46%
87%
15%
47,
48%
33%
33 %>
114%
33
84
"
38% 39
113
115
105
*103
83
*77
38%
37%
113
105
23%
60%
58'
104%
23
58%
24%
-
*110
118
30
58%
61
13
14%
17
18
20
21"%
21%
*;■* 48 >
-
20%
46%
"
.85%
103%
47%
"*
■
iey4
3,800
12,300
*130
,135
132
135
,,
16%
23
132
.
Assoc Investment
87
88%
Atch
105
105 %
88%
105
5%
Topeka & Santa
preferred
Fe_—X
Sep
104%
24%
3.60% preferred series B.
Atlas Corp———,
62
18%
2u'/a
21%
,
20%
20% 21%
7%
7%
48% • 48%
4%
7%
preferred
Tack
Corp—
Co
Autocar
Automatic
Aviation
7%
...
No par
5c
.
of Amer—5
Co
Canteen
of Del
Corp
100
—
„
——j—NO par
($1.20)
No.par
<The)___—3
$2.25 conv preferred.—•
48%
48
conv
Atlas
Austin Nichols!
Conv prior pfd
14
18%
-100
—5
No par
Atlas Powder
30
19
-25
.—100
^
,
118
14
81% Sep 24
103
Sep 24
Sep 26
.100
1G4 %
61%
25
24
Sep 20
—1
preferred.#
Atlantic Refining
:
4% conv pre! series A-
*26%
11
19
19
19
10
2
32
non-cum
118
39%
$ per there
%
4
77,
5%
118
117%
132
45
——
Atl G & W I SS Lines—
34%
24'/2
Jan
42% Sep
105
Sep
19
Sep
13% Sep
21
Sep
131% Jan
130
Sep
47% Sep
9
11
15
77
38%
100
.100
.
Sep
10
A T F Inc
17
52%
51
No par
Co—.
1 WeSep
112
Atlantic Coast Line RR—__No par
16%
17%
77
preferred.—.—.—.—.-100'
-Armstrong Cork Co———.No par
■"'■$3/IS:pveterrefc±XZ^-^d.No par:
Arnold Cojtistable
Artloom
Corp—.
————No par.;
Associated Dry Goods new——_1
6% 1st preferred—
.—100
1% 2d preferred——100
Tk
49 %
*46%
49%
34%
Illinois^——5
$6 conv prior preferred—.No par
No par
Sep 24
19
33%Feb 26
112
Sep 19
104y2Sep 26
22% Sep 11
54
Sep
19
117% Sep 26
25
Sep
18
36% May 28
30
Aug- 9
32% Jun 14
153
May 21
148
May 29
58
Aug 12
83
Jun 20
49% May 9 *
94
May 24
May 13
34% Apr 17
97% Jan
7
Sep
19
Jan
Jan
Mar
.
82V2 Feb
2
140
Not
139% Wot
52% Dec
76% Jan
113% Nov
101
Jan ™
120
Dec
13% Mar
24% Deo
48% Jan ■»
83y4 Dec
33V4 Feb
^
45 w Nov
71%. Sep83% Nov
80 y# July'
42% Dec
110 - Apr
120 ' Nov
—
—
27% Deo
Jan
113 : Jan
18% Jan
94y2 Dec
130
Dec
27% Dec
20%' Dec
60
135
Jun
3
40% Aug 13
14% Feb 16
141
Not
59%-Novi
108
No*
X297# Dee
197# Dee.
14% Jan
18
37% Jan 29
32% Aug 14
I per thare
15 irtw
127% Not
110
25% Jun 10
23% July 23
46% Sep 24
■-
3
18% Sep
18% Sep 24
July
Not
Jan
Jan
113
ill
45
.
51%May28
130% Jun
42%
106%
11%
10 *
-
121 'May 31
125
Jun 25
29VeMay28'
-12% Sep 24 *
16% Sep 19/
24
t per there
'•*8% Jan
102% Mar
111
Mar
18% m?'2S
July 18
172
Jun 25
.65 - May 31
il2% Feb 18
139
v
•
10% Jan
(i
—
Jan
,
—
—
.—
14%
—
5% Jan
58% Dec
29
Dec
__
10% Dec
63
Dec
14%
19%
22
14%
15%
68
-
71
50
♦
52%
29%
28 Va
32
*52%
53%
*52%
22%
23%
21%
20%
s
20%,
7%
7-
'. *.
■
10%
16%
22%
16%
23%
132
*46%
18%
20%
*18
...
19%
900
135
Armour Si Co of
$ per there
22%
12%
!
19
200
20
132
13%
13%
13
18%
18%
22
7%
7%
-47
12%
*17
6,600
20
*130
<62
117%"
30
*25%
32
47
106
16'/#
25
"112
*24
47
106
22%
51
23%
117%
*111
*23
* 2414
135
47%
135
JEUgIld»t#£y&$;:^
Par
1,000
105
19%
19%
104
104
16
17
48% 57%
34% 34%
*17
82
39
3*72
116
119%
*103% 105
15%
I 48%;
48,400
100
46
Yearl94S
Range Since January 1
EXCHANGE
Sharet
-12%
116%
12
116%
105
86 -—83%
105
103
15
47
33
*77
16%
the Week
'
f per thare
12%
116%
135
s
19% 19%
15%
18%
23
23%
*130
135
130
130-
47%
82% 90
M05
105%
*47%
11%
NEW YORK STOCK
Sale* for
Sept. 27
v.
I per thare
116
*116% 118%
*135
145
45
46
*100
105
115% 115%
*135
140
135
135
45
46
44% 46
*102
105
*102
105
20 i
21
19% 20
15
16%
14%
15
21%
2321%
23%
*130
135
*130
135
131% 131%
*127
130
117%-
Friday
Thursday
Sept. 26
Sept. 25
$ per there g// t per thare
10% 11%
11% 12
11%
117
EXCHANGE
<
Sept. 24
Sept. 23
Sept. 21
<
M6o/af*-farTn#ttaut^H
STOCKS
'
SALE PRICES
Wednesday
LOW AND HIGH
Monday
Saturday
21%
'20%
45
45
*44
56%
53 %
2 2 y2
21
47
51
49
113%
*112
49%
*112
28 V2
113%
*105% 106
105% 106
16
14%
35
35
*110
120
,
15%
16%
19%
21%
20%
21%
'
'
110
*108
38%
37
23
25%
*99%
103
34
36
24!;
24%
'
i
94%/
90%
152
:**142
t*.
i
)% 86
r
•
■
56%
•
34%
jJi
55%
.
19 %
17%
56%.
'
20
38%
10%
40%
/
43
113
23
V#
40%
14%
15%
15
*38
*111
20
39%
20%
'.
.
22%
24%
105'
*10*
' 58 %»
-88
34% '
v
24%
4
*1W
m %
: 44
33
57y»
101
;
43
101
4%
5%
5"-
•
5
"
».t~
.
17%
».v\-*87.1
■
*45
47%
47
18%
10O' " ;
17
*87:
.
.
32%
50%
*107'
110%!
*109
28%
26%
29
*31%
32%
*104% 106 24%; 25%
15%
17
'82%
*104%
23-%
15y8
*124
124
124
41%
10%
12%
82%
V"-
34
A." 23%
51%
84%
26%
*100
•
24%
51
.:/•//.
109
*124
84%
27%
102
24
25
39
40
19
19%
•
,
*105
14%
.
7%
105
101
14%
86'
*781
27%
24%
26%
106%
*106%
106%
5%
18 Va
17
100 y4
24%
24%
Saturday
Sept. 23
t per there
9 per
'•
s
16
-5%
18-
99%-100%
24%
24%
.
Sept. 24
thara
$ per thare
•
•
46
46%
42% 43%
*100
103
*5%
5%
•
47% 47%
36%
35%
28%
SfV*
51
28%
32%
104%.
25%
26
51
>106
109
26
110
28%
,
25
16%
125
16%
*124
12%
84%,
12%
83*4
29
28
12%
84
^8%
102'/a
102*100
26 V»
21
108
105%
26 V4
42
42V*
20^
21%
;
105
104
102'% 102%
7%
33
104%
24%
^
16%
124
29
33
*103
42
14%
'
16
26%
»99r
95
16%
35%
*91
ieJ/a
41%
.
19%
19 :
-
95
/ 7 20%
*100'%-103
101 %
*99
101%
14%
14%
15 y8
7%
8
8%
86
*83
88
*83
88
80-%
*78
80
*78
80
26
26%
*108% 106y4
5ya
17%
25%
26
105
106%
5%
18%
100
100
26
26
5%
18
100
26%
'
LOW AND HIGH SALE PRICES
Tuesday
Wednesday
Monday
Sept. 21
15
16%
42%
113
24%. 25%,
19%.
26
77/a .8
85
5%
29
102
101
81
25%
84%
101%
14%
8
106 Va
12
.
*99
101
80
80-
100%
12%
41%
19%
20%
*105% 106%
*80
79%
16%
124
26
41
:
'
*98
'24%
-
83% .84%
28
.28
102
102
26
X *99% 101%
<
32%
104%
125
11%
12
28%
106
24%
25
16% : 16%
24%
16'/a
X101
28%
-33
'.33
125
51
.,*107
109
*104'/2
*15%
*39
*111
16%
42
18%
*91 '
IS
,35%
25%
51
28%
28
82%v
83'
50%
109
-1-
106
25%
28
103
45%
-
4044 ^ 41%
-
113
17% • 18%"
*01 y#
es'/a
15
> 15%
34
35y#
25%
26
91 y#
15%
26%
25
-45%
i
.
18%
14%
a4//-15%:
33%
36
90
46-
19%
22 ^
21
46% 46%
42% -43%
102
102%
"
5%' 5%
;
46%
4T%
*100% 102%
-51/#
3%
101
36%
?»86 *
19 *
v
24% 25%
:'45%" 48%^,-- -h 45%' J46%^
;*108% tlO '
- *108
410
56
56
57% ?58
36% 37
36
36%
36
37%
45% V46
42
44
,
22
41
*37
56% -58
45
4iy4
:
*15%
37
<19<%
*111
110%
119
-;
57%
34%
44%
.
15%
*39%
42%
*111
118
24%
25
44% < 46
108
36%
44%. s45%'
":44% '
•
:
36
19
21
40
•
40% :
15%
15
105:
;
'
39%
• -
113
43
'
;
38
38
♦111
',
58
58 %
33
38
18%
19%
WT9%; 20%^
.»
33%
34 ft#
17%'/' 18% i'
37
•
'5%
28%
102
*24%
25%
100
100'
26%
Friday
Sept. 27
f
$ per there
per
share
33%
,
6%
7%
23%
23%
14%
"14%!
7%
116
116
45
*45
j
14
13%
14%
57%
.
58
57
57%
13 %
12%
12 y2
-
40%
.
*53
*113
,42%
;
*42%
For
footnotes
see
page
1607,
44
19%,
43"'
X41%
41%
Ginger Ale Inc__1.66%
$4.25
Southern
55 Va
'115%
Canadian
Ry
Co
Pacific
——No par
Mills
»
Administration
$3 preferred- A
Carolina
class
Clinch & Ohio Ry
Co——
*42%
'44V4
18%
187a'
•Carpenter Steel
Carrier ;Corp
42
■■•'.^Preferred 4% series
*41%
No par
^100
preferred
Cannon
53
$ per
thare
Hecla Cons Copper____5
Capital
116
18%
.14%,
I per thare
Lowest
W & C Fdy____—No par
Canada
58
33
433/4.
47
12%
*112
18% *
&
Canada Dry
57%
117
18%
Calumet
Campbell
.12%;
-
"53
*51%
7%
Year 1945
1
Highest
—No par
50
preferred
14%"
122 y2
137a
'
•
'
Callahan Zinc-Lead -.4——1
23%
*117
45
13%
* 3%
3%,
14
112
$ per thare
Sharet
5%
-
22%
*12%
Lowest
EXCHANGE
California Packing
3%
Range Since January
NEW YORK STOCK
Sales for
the Week
55%
.
3V2
Range for Previona
STOCKS
# per thare
33%
26%
"106
5%
17%
Thursday
Sept. 26
Sept. 25
*54
26
*103
5%
18%
A__l
—10100
_5
——;JL0
—_^w^50
1137#
47
.
10 74
48%
Feb
Jan
Jan
Jan
11
Jan
52
Mar
1167# Jan
32
Mar
21
Jan
Highest
% per thare
:»»/ v.v:Vi.-V-
-a:V
r';.-
Volume 164
.v
V,
u/v'A
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4529
1599
NEW YORK STOCK RECORD
LOW AND HIGH SALE PRICES
'
Sept. 31
;
;.A>sept.2f A,.A;,
Septv»3'
'
Wednesday
Tuesday
Monday
.Saturday
Sept. 25
J
$ pet share
v
<9
36
:
CLOSED
7
6%
-
-
35%
,.
*160
61%
63
55%
"54-
: 147
1147> AAV<y
V 25%f'i.27% 4;
20 'A
20%
,;"*20%4^0%4:i21%
11%
9%
9%
A-
'*112%
114
■A:f99":A 100 A
8%
8%
.
•
8%
*28
13%
*20% : 21
ny« >
31% : 34
28%
13%
33%
18%
16
27%
•
,
%v
26
lfr'%
26
rA': >
;
22-
$4.75 isfe
'
9%
2KA- 28:^:
v:i3%4l4 4;
ri25>.:,;;.35%:.,
4-
'
17%-
29-
29
:- :
*13%
"
Central Hudson Gt $ E CdrjLN® par
Cehtfti^ IH;•■£$
'
17% 3 18%
f;v 28%
28%A
" '• 1414: : r-
v
36%
.'37%
17%18% i it: i xl8%
26% ; s A 26%
900
;
.37%..
18%
v
5^200
32,100
26%
Cerro de
t 2,200
,
26%
•v
1,000
».
107
43
*
*105
107
,15..:.;
20
50
:
.
13
-409s
15
15
20%
46 '
*106'
16%
.
.
,-A-J46%
47 .109'
16
*105,
f
-
51%
•
6%
52%
6%
51%
49%
A., S'/.-
7%
20% :.2b'A,
46%
'
<
V
16%
•
10
17
20»A
521/2
Checker Cab
6,000
'
6%
21
A4!Agl%::
< ^6% "
11%
'A52'
-•
63/b
AA
63A
*
'
v
A,.:
10%
12%
10%
.8%
9%
,8%
.„s%
V13 '
.
'
11%
;
11%
"•
-
A
9,800
A8 A
13%
i3y*
8V4
,A
•
9%f
97/0
"
■:a".
14% r
7
8%
8
9
5
*4%
12
'
9>/«
.
8,800
'9%
V
",.7'/8"
8vA'° ••By#.- <"
4%
5%
5
5
13%
13%:;
14%
12%
14%
12%
•13%
36%
3oy2
34%;
33%
35 3/8
347/4
18%
15%
17 °
17%
.18%'
18%
197/2 A
36
39
34%
37%
363/*
38
38
20%
21%
20
21
20%
21%
21
,
4%
14%
133/4
<:
"•••■*
.;
.
v:
363/4
35%
22,700
413/4
40%
423/4
217/8
21%
50%
59%
*45
50
*45
50
*40
50
*44
597/8 v
157/8
*59%
597/a -
*593/0
597/8
15%
17 %
18
A
16%
7.
*
10%
9%
40
*35
81%,
22%
,,,
17%
81%
88%
10
10%
*35
87
Y
18
*17%
10 7/2
111
*105
'
111
*104
112
Chile
90%
97,600
'
24
111
*105'4
111%
253/4
—m
25%
24
24%
25
26
257/2
243/4
25 A A
39 >A
37%
38%
39%
40%
39
40
39%
393/4
15 300
31
29 7/a
30%
30%
30%
303/4
303/4
30%
30%
900
City:Ice at-wnei ^
12
11%
11%
11%
12%
121/4
12'A
12%
900
*961/2
*961%
20%
21%
*96i/2
98
201/a
22a/4
19%
20%
47
49'/8
45%
46%
*95
> 111
54
54%
108
*100%
103:
*57
597/2
*57
243/4
*100%
267/8
42%
Sept. 24
9 per share
t per share
9 per shaft
150
150
150
64
STOCK
64
150
*62%
*"
49%
151
64
102
44
11%- 12%
16%
17%
11%
12%
16%
17
16%
17
51%
51
51%
14%
14%
14%
14%
16%
16
15
15%
15%
16
Class
90
*102%..103%
>43" '
44
ii%
n%
.
17
16
17
16%
17
17
..
.
15
15
15
15
16
33%
32%
33
32%
32
5%
32
4%
31%
30%
31%
31%
8%
9%
9%
9%
9%
35%
36%.
34%.
35%
36%
37
*36%
37
36%
37%
25
22%
25
26
26%
25%
26
25%
26
4,000
*82
88
83
83 '•
82
83
82
82%
83
83
800
37%
*
39%
37%
38%
39
38%
.39%
-38%
40
39%
13
2.W
No
CO—:
■
pat
,—No par
,
108
38
24%
22
22%
3%
'40
115%
41
106%
23
3%
116%
3%
115
40
107%
106%
<
24
24%
3%
3%
xll4
116
106%
106%
23%
24%
24
3%
3%
3%
115.
31%
3%
115
40
40%
40%
106
108
116%
115
24%
185,900
4,900
■
31
14%
14%
30%
13%
26%
14%
13%
14
14
14%
14%
15%
24,700
4,700
28
28
28
27%
28%
28
28%
3,800
Oongoleum-Nalrn Inc
36
1,300
9,200
28,600
3,100
34%
6%
35
6%
35%
35%
36%
6%
6%
6%
6%
26%
27%
106% 106%
106%
27%
X105%
28%
106
105%
19%
18%
35%
6%
6
28
27
-106%
35
18%
16
16%
46
47
21%
.
28%
~
19%
19%
16%
16%
16%
17
47
47
47%
47%
19%
19%
32%
36%
6%
,
28
-
105%. 106%
106
16%
19%
15%
47%
27%
6%
27%
46%
19
15%
47 A
31%
32 Vs
20%
a
22%
20%
21%
21%
22%
22
22%
18
20%
16%
18%
1»
20%
20
21 y«
20%
21%
20%'
21%
18%
20%
20%
21. A
21
.24%
"23%
23%
112%
111%
112
113%
112%
112%
40%
38%
40
41%
-40%
■4iya
:■
38%
111%
"
111% 111%
40
40
39
22%
Consolidated Natural
/
3,700
...
Consolidated VulteS Aircraft
Consumers
Jan
15%
101
143/4
101
151/8
*100
101
153/4
16%
*101 %
1047/2
16%
103
'
36%
35i/0
367/8
106%
35%
*105
15%
*101 i/e
•
106%
1061/2
9% -10%
-
9»%
36%
107
10
•
9%
49%
48
497/2
11%
12
103/4
11'/«
35
35%
16%
34%
16%
35%
16%
">
16%
16%
18%
iV '■rum
11%
••35»/a
;
107
>
37%
107
*105
.
100
/
r
10:
10%
10
10%
52J%
123%
51%
52 7/4
3,000
12
12%
363/4
16'A
367/4
37
36%
37
157%
163,4,.
17%
:: *173%
187%
16%
18%
16'%
18®%
A:?s48AAA
48 >A
47%
48'%
3:A^5/;A
15
A-,
•:■
17%
18
49%
49%
49
14
14%
133/4
14%
14%
143/4
55
543/4
*54
543/4
14 a: .a;a ,14%
54
54% A"
543/8
143/4,.
14%
143/4
14%
547/4
54>A
55
283%
30
293/4
J.
;
£ A
293%
55
13%
.
14%
-
13%
55 A
AA54:AA
29%
54%
28
106%
*104%
1061%
49 Ar A%
■'
41
'
-
27%
A
106'A
.105° >
105
; A. 54®%
103
•:::
*14'%
54%
54®%
*104%
105
1,700
,
"A 270
A
1,500
15
.
250
54%
A
4,100
:
380
3,700
61%
193%
8%
5
*100
20%
footnotes
see
8%',
5%
43/4
341/4
*100
30
ci%
8%
5
36%
1607.
-
104%
62
r
106
37'A
29
20%-
21
-30
•
:
5
*101% 1041/2
30
2ov«
21%
193
8%
8%
4%
36%
.
,.
0
*4%
5
A 37
*100%
30
*23
38
1043/2
30 »A
26
4,700
.63
63
191
62%
193
192
30
20%
page
:
190 «A
8y8
A
38%
104%
*28%
For
•
..
35%
58%
190
.„•
190'A, 194
A8%
" 83A
5
A
37'
*101
30,,
*23%
-140
•
3,300
-
1,600
5%
^37%
104%
30
26
A
.
16,200
i
of Del.
8
Coty Ino-
500
?
20
<
Coty
100
—I
1
1
-
Internat Corp
-25
Crane Co common-—
3%%
1,200
A
j14
pat
pat
.-5
50
1
'
*
53% Oct
35?* Jan
140
155
Apr
Deo
Year 1945
::
Lowest,
XHghcat
-
tper share
I pet share
.
183
Oct
A 72
Nov
A; 49
Dec
106
Dec
130
May
59% * Deo
mm
'
tmhmmm
31% Feb
101%
•
a'
Oct
50% Dec
34% Jan
XAv'^i-.-NOV
*28:
18% Deo
Jau-
Jan
18
Jan
14
28% Jan
38l
Jan 14
4 25%. Jan
47
/
Jan 29
31
Mar
28
31
Mar
47
'
Jan
14
'
.
,
4% Jan
Jan 24
48
;Apr 22
80% Jun>
■
:
'
46% JUn
46y« Jun
50% Nov
50
NOV:
11% Dec:
36
Nov
41% Oct
20
36% May 21.
Dec A
28
Deo
106% Apr 19
50% Aug 12
59% Jun x 6
123
:?
July 15
39
Jan
53% Sep
110
Dec
116% Dec
15% Aug
A
H Jan
,
25% Dec
32V4MaylJ
5%-Jan 31
132
Feb
89
1
•
36
:AA
4%. Nov
124% Deo.
e'
34% NOV
26% Mar
29% Jan
-
55% May 13
10% Feb^
Jan
28% Jan
30% Jun 17
18% Sep
6
40% May 13
50
3% Mar
24% Jan
'
-Feb. 6
106
109% Jan 28
A
25% July 12
Sep
Ji5y
39% Oct
U'
NOV
IV* Dec
34 y*
Nov
109 y* May
22
Den
11%
45% Deo
17% Jan
17 % Aug
35% Dec
May 27
33% Jan 17
9
;; 54% Apr 18
22
„
108% Jan.
20% Apr
,
53 7%. Jun
10
Sep 25 ' A
13% Sep 10
52
'Jan 14 f
A
•
13% Sep 20
52
A 27%
105
:
;
Sep 25
58% May <8
190
A
Sep 11
Sep 25
Sep 24
8% Sep 19
4%Sep 20
x33
Sep
3
>
/
A
56
Jan
r
Feb
40% Nov
17% Dec
109% Dec
46
Jan
8% Jan
29% July
,
16
Jan
50
Sep
113
Dec
17% Dec
59 y* Oct
20
Dec
43
Nov
28% Dec
47% Feb
19%
49% Jan
;
55% Nov
12% Jan
19
67% Jan 21
39% May 29
109% Aug 14
70Va Aug 12
210% Mar 30
14% Apr 10
7 7/« Jan 29
Dec
July
93%
37% Jan
106% July
A 10% Apr
23% Feb 16
60
Apr 24
27% Jan 18
45
115
8% Jan
July 18
10;\
109 % Jan
V
53% Jun
16% AUg
52% Mar
26% Dec
30
1
Jun.
64%
Deo
Oct
38% Oct
Deo
101% Aug
58 V4 Jan
108
71
Oct
182% Jan
199
Deo
Jan
13
Deo
6
3% Jan
7%
Dec
49% Jun
17
25% Jan
43Y* Deo
|8
99% Aug
108% Dec
Ji
104% Sep 12
28
Sep 10
..No pat
20% Sep 24
39'A Feb
(The).
41% Sep
%
7
Feb 11
110% Aug
.100
preferred
Cream of Wheat Corp
Crosley Corp i'l'bs)—
:
31% Jan
47
■
Corning Glass Works common—-5
3%% preferred
100
Corn Products Refining
>26"
Preferred
68% Not
110% Apr
44
May 31
106%'Sep 24 :> 113% Mar 29
:
18% Feb
8
9% Sep 10 A
63
Jan 18
47% Sep 23
! 24
Jan 29
11 a Sep
4
A 49% May 23
34 V2 Sep 24
A15% Sep 26 > X23% Mfcy 29
307/s Feb
1
17% Sep 19 5;°<
>
10
nn.rf.wl
———mmm»—
Continental
"
59%
193%
-5
Continental Steel Corp.—
Cooper-Bessemer C01P-4
No
$3 prior preferred—.—No
Copperweld Steel Co._a.—
Conv pref 5% series—:
;
Cornell-Dubiller Electric Corp
Corn Exch Bank Trust Co
Oil
Oct
Jan
1063$ NOT
60
12% Feb 26
101 : Sep 23
u33% Sep 19
JNo par
1,300
A
55
29
,
17%
MotorS—
May
115
23% Apr 20
•35% Sep
JtO
i._—
A Continental Insurance
Continental
Dee
105
Jan
-
16% Sep 24 A/ 47,
Jan
8
32
18% Sep 24
Aug 26
-115% Mar 15
lll'A Sep 25
par
9,700
v'
143%
55
281/4
3,600
205
jan
39
Sep 20
1
—jl-1
A Continental Diamond Fibre
26.000
.12
Feb
89
42*/s Jan 18
20% Sep 19
$5.50 preferred —JVo pat I
$3.75 preferred
700
Nov
72% Deo
15% Sep 23
of America^.-——20
Continental Can Ino
16,300
A
107%
:
Jun
25
Jan
109%
6 per share
41
26% Sep 19
105% Sep
417V* Sep 10 ;
Continental Baking Co—^-..No par
7,200
'
507%
11%
51
*49
>
36%
A
-10%
47%
A
>
38
*106%
A
AA
163%
;
16%
^*101% 103.
? 37%
.36%
105
Jan
170
8 >
■
45
-
Jan
'
9%
24% Feb 16
5% Sep 11
IOO ;
pfd
Pow $4.60 pfd—.No
Container Corp
16,600
Dee
49
60% July U.
1101
Aug 20 :
63% Jun
8;,
23% Jan 29 1
Sep 19
Sep
3
lb
A Consol Retail Stores InC-«-
480
.
Aug
30
98
18
69% May 20
Sep 25
34
—
Gas—
Consol RR of Cuba 6%
58
20% Jan
Feb 27 '
200
23
13
Consolidated Grocers Corp.—1.33%
consol Laundries Corp—
0
800
1,900
16,100
9,200
42% Jan
,
■•HigheM-;:;A<:
•25
No pat
—
3,900
17
:47%:
22%
,
i
9
9
60% Jun
19% Mar 15
Conde Nast Pub Inc new—No par
140% Dee
91% Jan
-v
36% May 21
.
Consol Cbppermines Corp.^,., ,.-^.< <
Consol Edison of. N Y
V>i pat •
$5 preferred..^
No ear-.
27%
35
31%
NOT
May 10
165
2% Jan .:2-.
Ill
Sep 10
'29% Sep
4
Consolidated cigar^»*ij6»^*i«.Vo par:
26%
30%
48
Jan
Jun
36% Sep 20
106 : Sep 26 A
;
31%
30%
112
100
te preferred eerles—^—No par
Commonwealth Edison Go—.
20
•
Dee
Nov
37% feep 19
101
Credit^.—
$3.60 preferred
Commercial solvents^—No par
Commonwealth, ft Southern—No pat ■
19,600
3%
115%
Dee
15
59
Sep 19 :
Sep 19
82
& southern Ohio Eiec-iO
Commercial
''
Dee
x23
100
'
39%
38%
107
Deo
Jan,
16
93% Jan
c
Apr 18 C
;! 63% Jan
July 9
34% Jan
'44% Feb
4
8% Sep 24
33% Sep 10
22% Sep 24
No par
com
59% Oct
64
27
62
14% Sep 10
31 • Sep 10
30% Sep 11
$4.25 oum pfd vrw^^-^jvo par
eolumhug
8,100
2,010
iV
Jan
14
1
Carbon
•Columbia Picture's
22,100
40%
107%
.100
Columbia Gas & Elec
Columbia
Deo
106
Sep 19
10% Sep 19
16
Sep
3
preferred—100
Clac# B-
1,400
93,500
9%
Jan
15% Jan.
29%
May. 23
108
39
KM
2.50
Jun
66
:
Not
37% Dee
°Jan
54
Dae
<
49%
4% Jan.
1
Vk July
S 203
42% Feb"26
102
Sep 12
.20
83
74
Jan
49
'.?■
'i
t% nomeum 2nd preferred
Columbia Br'd Sys Inc cl A__
1,700
24
9%
1st
Feb
71% Jan
Sep 23
62
No pat«
Southernw»^.
non-cum
24% Oct
66% Oct
28% Jan
?
?
—No pat
No pat
34% Jun
Range for Previous
150
paf 1
Corp No par
preferred^..
cum conv
Colorado ft
>
100
*30%
9%
■:Vrt
12% Jun:
Jan
;
108% Mar 5
38'A May 11
4
Colo Fuel ft Iron Corp—_to_lVo Par
3,200
9%
8%
.
Collins ft AlkmaiLu.~
600
32%
32
A
1,420
16
32
240
2,200
16,500
2,500
■
31%
*14
-1.
Colgate-Palmolive-Peet
$3.50 preferred 4
4,000
50
50
,
,
A
v
12% Jun
-
5%: Jan:..-.;
24 '
8
22
;
$ ptrshatp
Coca-Colhc. Co (The),>...,^.„ no pot
1,500
Coca-Cola International
17'
16%
31
"
■
63.
17%
16
14
31
150
16%
16%
14%
*13%
p
63
*900
43
11%
30%
150
151%
64
*900
38
2
Pat
s
Dee?
At',.,-- '
Range Since January 1
;
-
Get
Jun
A:
A May
Jan
58% Apr
Lowest
Shartt
58%
20
mmJL
££pf
I per share
Not
22
Jan ^
6% Mhr
1&
44 Va
23
EXCHANGE
tnershare
-Dee-'
3
Sep
NEW YORK STOCK
102
10%
STOCKS'
Sales for
°
.
19
24% Sep
41
.
15%
:
8
141
;Jan 30
27% Aug 26
24
152% Jan
.100
<.
64%
56% Feb
112.
14% Jan
47% Mari.v;
*
17. v
77
May 20
108 % Mar 6
20% Sep
—No par
the Week
44
12
Peabody ft Co
7
53
"
p at
Get
>.:/55...
108% Oct.-
113% Jan 10
99% Jan
-50
..50
16% Dee
-
9
■
Sep 10
Jun^25
106
'
Not
33
26% .Jane
.
v
Sep 18
109
52
Preferred
^
54
114
10
178% Sep 12
,105
Jan ' 2
Jon-
19% Jan
15
19% Feb 26
100
.
'Sept. 27
103
11
Cluett
2,900
170
;
"
44% Sep
par
gtd
Stneu "..
'4 Friday
Thursday
51
43
43%
Special gtd 4 %
98
50% Dee
20% Jun
Jan
7
37% Jan
6 i:
01% Aug |5 V
67% Jan 17
25% Jan
2
:
25% July 11 '
Sep 19
Sep 2o
par
Climax Molybdenum
No
Clinton Industries lno>_»^
.
40
76% Feb 46 W
T
—5
loo ;
115 % Feh^
«
.
21% Mar
82% Jan 28
43 Va Jan 17
Sep 13
11
.100
MM
33
11% July 8
38% Jan 29
?
6
22V* Sep 10
36% Sep 2o
27% Sep 10
100
preferred,
Sept. 26
5
151
*62 V*
24,100
9,000
28
27
42
*163
.
hi
15% July 10
21% Sep 19
~5
iK'Clev ft Pitts RR Co 7%
40
23%
23'A
431/8
30
59%
*57
170
;
103
<**•100%
43
43
15%
10
102
103
44
31%
1,000
50%
103
43
31%
59
108
103%
103
*14%
*55
*'■ ■V" 108
277/2
-
423/4
*900
49%
51
250
237/2
*163
9 per short
151
64%
*900
*900
CLOSED
27
43%
170
-
Sept. 25
**
111
60
22%
27
42%
*163
Sept. 23
105
110
103
*57
LOW AND HIGHSALE PRICES
Tuesday
Wednesday
Monday l-
180
*95
571/8
*100%
23
Sept. 21
EXCHANGE
•
57
170
*165
■;
*1073/4 108
103
57
21%
261/4
41%
*163
170
108?
22%
24%
273/4
43
41'A
*163
*55
57
*1073/4
if
59%
20%
227/4
217/a
*54
•
108
100%
100%
*1073/4
900
111
110%
.
~
10% Apr
25
Star
Jan; 25° ; 'r
17
Sep 11 v
111
No par
Hm paf
City Stores
Clark Equipment-^...——_Wo
O. C. O. & St. Louis Ry. Co..
5% preferrecU.
Clev ElTilum $4.50 pfd—x.--No
Olev Graph Bronze Co (The)
j
5% preferred
-
8,400
105
105
110%
5%W
22
51
21%
180
*95
*110
180
*95
111
561%
56%
*1073/4
*165
*165
105
C I T Financial Corp—
98
*48
51
180
*1101/4
98
22
21»/8
*48
*95
105
*110
*967/2
47
*165
180
*165
98'
47
;
Apr
.
33% Feb
81% Sep 23
City Investing Co
98
11%
*96 %
3,700
Mat
6% Apr
8.50
.
11% Dee
13% NOT
109% Jan
31
18%t'Jan 23
26%!Jan 20
14»/aJuly 11
Sep 12
36
i,
Corp__>
Preferred. :,>_^__i.u>_ii^_._^>100A;
Cincinnati Milling Machine Co
.10
30
Saturday
-
pat
Clttn GAS ft Elec common
:.
.
16
'
Apr
Jan
Nov
*•• *■ mmit '*"
16
Jan.17
60% Jun
;A45-^Sep'l9Vv
"
24%
*105
Sep. 20 : ll4
Sep 24- 'A 32
Mar 21
,59
25'
37%
•
,
,—..No
24 :
*11%
50
pat
Copper Co
Ohrysle?
41,500
24%
Cotton 'Qtr
•,
Jan
68%. May 24
«
lS&SeplO
No pars
10
;
25% July'1
43
34% Sep 24
No pat;
tChlids Co
8,000
42
89 %•
_-No
21%. Sep
31% Dec.
"•■■■■
V-
51 % Jan
■
10% Sep 24 ;
8% Sep 24
;
> 7%
Sep 20
'
12% Sep 24 i-A
-4 .Sep 24:
^
4
Sep 18
11% Sep 12
30% Sep 24
:
15% Sep 19
.
Jon
42% Feb 16 :?■
May--' 9 " '
49% Sep- 24 ^ •
5% Sep 24 &.
f■
conv preferred—
pf <82.50) cum dlv
Chlckasha
'
*105
...'nl
Chicago Yellow Cfc»-_-u
500
10%
*37
91%
887%
23'/a
24
Pr
30
1,000
18
10%
42
"A,;'
.,
*$.'
..
Dee-
25% Dee:
•
^TT^Mar fit'::'" A 25 %: May Yd
Chicago Pneumat Tfloli—,L-No paf
83
16%
*37
90
23%
16%
A
59%
16
10
40
87
23%
227/s
23%
18
40
9%
18
10
*35
■'
1574
*593/s
157/2
*177/2
157/8
^
jun
159
24
14%-Jan.-3
*
.
Jan
•
;
"Jan 29 '
102% July 31
*
lltjr,
Jan
.
18%
20%
4%
11%
116
4
>
:
•
Nov
66%. Dec
:14%
23% Jan 14
•.!,/ r; A...'
..
9%r'v preferred, W
.
50
*59%
15%
>A
Chic Mllw St PI P vi<s**^Jtapar t
Series A pref«rfeda-.-->^.
>10$
Chicago ft Northwest'n W i„No par ■
;
3,800
15%
...v
Jan 15
29
,
4 17%:Apr 22-'
ft
Jan 24
Sep lO
107'
Chicago Great West RR Co___„80
5% .preferied-ihi-^..-,^
—8®'/.
Chic Ittd & Louis fty Co cl A—25 .
Class B
NoparA
:
17,800
213%
,v
197/4 >20%
,'v
59%
*45
'
5,900
4,900
1,300
42,100
27,400
■
4%
377/aA
16%
83/4
..^1^26 ^
v:-
/.
r.,.
Chicago' Corp'
1
4,600
143/8
8'/a
9
■^,4VA: ;A*/4%:
13%
14'/2
'' (.r};4
>Class: a.....
22,700
8
147/8
143%
8%
32%
.
12%
'
12%
8%
7%,
11%
9%
»y8
•
8%!;
7%
9\ :
13%
9
i9>%
g'
*25%^Sep 10
<42% Sep 10
Chesapeake & Ohio
$4'-; ~
Chlo ft East HI RR Co___-.No pat '
15,100
-'
6 3/4
!
t>
71
104% Iday
23i ? July 10'
.
Sep, 10
31% Sep ;24 - ^
,
Dee-
A 127
3';.
13
'
•
175
r
31
38% Jun.
bee
10
48% Dee
Jan
161% Jan.
;
ipet share
47% Jan
37% Jan
r
8%*Sep 10 24% Sep 11^/;
<
AChesapeake,Corp* '$S.; SThaSiakaiu^S"-
400
'
"
v
Pasco-Copper___„_No par
IOO
pet share
6% Jan
35% Jan
i52
8
83% May 27 J
23% Sep 26
116% Jun 20 *
"
:
s
109% Jan 14
10i
Sep
Jan
¥:.C-•••
prefettred^-ioiA
4%W
■.■:■■■,par'.'
Champion Pap A FUr Co——Na par 4
84.50 preferred
3,300
'
108-
20'A
16%
.*20
-•
f
2
Jun 13
81% May 27
r
:
'
Chain.' nit'flft
;
r
51%
6%
*106.
108
*19%
15%
20
-
'47%
45
45
v
s
-9% Sep 24
O ;>Sep lO
-■
A
Certaln-teed ProductsL_-^.•
'
"4*rAA45%*
9
Sep
20
•
3.40«$ serLlOO tOent Hft or NeS desreey^^
io$ r
Central Vloleta Sufcair Oo^.
CentUiy Ribbon Mffl8-wfc-A-Wd par :;
2,400
**:.•
.20
Cent N * Pr Corp pfd
»99<VlOO.=
■
14% ' 'i
Sep
J
*U2J%-.114%
>>
35*
•:'v.26%'' :: 27
26
9%
••'•*•9%
>:•<
-
preferred^—par ^ * 104% «ep 19,
^
lOflt yf; X140
Sep 16?
22% Jan 0;
Kti ymf >
Central
3,000
,-h
55
52
Sep 24
22% Sep 27
54. pr4Xerred _^.a.,Aa.iyM.^*-.^—80r
Aguirre AsSoc__^^_JNo pat }
Central Foupdry'•
im nn <■
•,
300
11,400
*
^
roa
.
New;
AOelotek
3,200..
,
,,....
f per shart
A; 55
163
aA 7% 2d prelerrerL
150
17,500
5
All. *-•= 11 %
9% A; 9%
*112% ii4 .f;
*99/100.
^
,600
-v
*
29
21%
ii
.
ioo:
9
13%
36
.
28
105%
krelerred
Year 1946
Lowest
Highest
A
•
10% Jan
::
X34%-Sep 10
162
Sep
9
.
.8,100'
155
28%
'ay
,.
:; Caterpillar Tractors*par •<*'
Oeianese Corp^ol Amer
^
_No par
3,600
40,900
:
'
:
28
13%
vv
*99 :
'
9
'
23%
105 %
29
'I
*99
/'A
62%..
/
448
150
10
%
■
*JL 4
4Case-(J IV
5,300
A; 9 per shart
6% Sep 10:
v
Corp
Range for Frenooa
Range Since January l
Lowest'
Highest
■;.<): A-;
A :
Carriers & General
.2,600
•
38
■22%
,V*20%4;2m4^:
*112% .114;:..:
100
62
a
;; Shares;
*t w
*160 A; A162
A
■:
11%
9%
-
;
23%
106
27%
20%
11%
*•••
10
'37%
.•
63
150
28%
20%
,
106
•
.
27%
21%
9%
147
;
.21%. ....22
9%
62%
10a%
147
27%
.:
the Week
•.
58
105%
105,
105%
21%
11%
63%
23
25%
10
162
55
105%
21%
36%
38 4
,*160 " v; 162
'=■
*
'
37%
63
61%; 63%
:>'.82.-;fc--56^'
165
A.
*160
162
*160
162
*
37
aC: .*6%'*
7
7
7
stocks
:
YORK STOCK
:?A:EXCHANGE f:■ V :.v'
i , ■
•"•'A'' ?:->NEW
Sales for
.Friday'
A-^Sept. itf'
0' Sept. 26 „A'
$ per that* 4 :;9 pershare-
$ per shaft
I per shift
# per share
v:
STOCK
EXCHANGE
Thursday
;;i
35% Jan 14
1
24
Jan
28% Mar
84% Deo
41
Jun
Monday, September 30, 1946
•'••*':•.
"f:;
i
vf,
tv«
■■
NEW YORK STOCK RECORD
-v-
-
LOW AND
m
T«e«d*»
l»tvrd>T
Sept. 21
-
*
STOCK
:|f 6 per share ,i,
t per share
•
39%
38%
■
•46
CLOSED
118
175
*165
100
•95
310
107% I
118
*38%
''■*—>
63%
8,300
CubajQL-Americaja Rnper
ift
i»
f*>
160
-175
...
100
210
-
i1
"»«?'
&4
"t-
'•
•:
;
•
'
.-•18
'
*19%
38%
25%:
27%
:£.
"
24%
18
• •
>'
Deere
30
2o%
5,100
Devoe &
.:•■;
A';'
19%
" *105%
*105% 109:7:
35
29%
30
25
27%
18%
17%
18%
77
80
1,800
34,300
1
f
109
105%
105%
34
34%
,
52%
53%
.
30
30
30%
30%
27%
27%
27%
Xl8J/«
18%
18
18%
83
83
84
167%
165%
Xl60%
162%
114%
*112%
114 Va
Xll2%
113
19%
18%
19%
101 %
19
36
129
127
127
13%
I per
Dr.
Dow Chemical Co
3%%
19%
1,700
183%
126
126%
Du
500
115%
*115
14
115
14%
■5:
# f#?
>
P
Sept. 27
< per share
f per share
.
109
-a
YORK
Eagle-Picber
80
*iO8tit,-lO0
17%
i: i
*41%
42%
46%
0.
'i
46%
47
22%
104
*104
101 %
101 % 101%:
103
10% * 11 ya
*57
.
r;
52%
*V;,
22
:
v*10L]/a
:-;:32
32
v
11%
24%
-
8%
8'%:
21%
'*104
•
:
12%
27r
*101%
104 %
35%
106
11%
.
;
241/4
104
:
.
32:
31%
*30%:
:
26
104
t..
61
AO
62
62
63
;
*107%
r '
57
ii
.19%
&
29%
>,•
*V55%-
20%
31%
£
105
105
r
*36
40
:
*,.i
>107%
107%
57%
•
20
29%
■
*."*105
♦36
16% .? 17%
16%
-
107%
*107%
57
*55
'
20
-
:
30%
30%
.
62%
107%
107%
.55%.
21
-
20%
31%
57
62%
8,600
Firestone Tire ft Rubber
106%
30%
55
40
17 y8
17
16%
16%
106
16%
21
31%
37
»106
55%
;
21.
32%
108
108
32%
:
21
14%
14%
15%
14%
14%
14%
15%
.15%
15%
77
75
78
78
80
*79
1
25%
26%:
25
26 Va'
26%
26%
•26% .27
*26Vs
22%
For
footnotes
see
23%
27
i;. 12%
*26%
24
page
22%
1607.
22%
14
26%:
23%
!'?t
'
■/
*26V8
*22%
»26V2;
24 v?--
V
81
;■
.#26y8.
*22%
.
^
23
Co
(The)
com
preferred
Florence 8tove
Florida
Power Corp
10,700
4,400
Follansbee
Steel
9,000
Food
Stores
1,900
Machinery Corp
Foster-Wheeler Corp
*.79
-.
i
y
Fair
Corp
Inc
Food
1,900
i'i
•1,800
!
10
25
100
'
6%
prior
Sep
May
Dec
30%
Deo
34%
Deo
192%
Oct
Oct
3
19
1
preferred
Francisco Sugar Co—
229
Deo
200
Jun
2
16
104
Sep
109% Deo
106
Aug
112
Deo
No par
Dec
Jan
71
Dec
1]4
Jan
24% Dec
8% May
4% Aug
3% Jan
7%~~Dec
19%
Dec
2
Jan
158
Dec
July 10
103
Jan
146
Dec
25
43% Aug
55% Nov
34 % Mar
48%
Oct
21% Aug
29%
Jan
102 % May 28
20% Mar
Mar
62
24
103
Sep
41% Apr
9
106% Jan 15
16
Jan
111
110
Jan
Mar
8
111% Mar e
5% Jan
30
23% Jan 28
100%
Sep
101
Sep
1
May
12%
Jan
81
,Dec
37
Dec
106
July
108
109
July
July
4%NOY
20%
Jun
68% Jan
86
Dec
J^n
92
Nov
14
11% Jan
20%
Dec
33%'Apt 16
58% Apr. 26
63% Jan 15*
11% Jun
Sep 13
100% Jan
27% Dec
107% Dec
Jan 17
Jan 29
24
3
86
-15% Jan
28% Deo
42% Jan
6x% NOT
8
Jan
9%
Deo
21
42% Jan
65
NOT
36% Feb
5
25% Jan
86%
Not
19% Jan
9
12% Mar
20%
Deo
24
26% Jan
10
26% Deo
4
17
17
112% Feb
13
35% Sep 25
54% Feb
1
26
43 V2 Jun
11% Sep 20
:24Y4Sep 19
21% Jun
5
5
88
50 Sep 24
21% Sep 24
.
8% Sep
20
Sep
100% Sep
261
104
Feb
Sep
10R
24
70
51% Sep 20
.57% Sep- ;9106% Jun 12
105
37
25
Sep 24
11% Jan '2
14% Sep 20
•71
24
Sep 10
Sep lft
25% Sep
11
'20% Sep 20
Jan
23 % Jan
9% Jan
Jen
21% July
80
Jan
53% Mar
105% Apr
42 y4
Jan
23% Jan
July
5
18
107
Apr 18
41
20% Jun
7
Jun
20
16
9
29
21% Feb
23% May
100
Apr
15
49'/a Jan 17
28
Feb
9
35% Jan 28
110%
Oct
42"%
Dec
32% Not
18
Deo
——
lift
Jan
57
21
7
,=
104
Mar
25% Jan
46% Jun
115
11
Feb
'
23
16% Sep
7
83% Apr
6
109% Jan 17
70% Maq 29
28% July
1
Sep 26
Sep
Feb
34 Va Mar 29
19% Sep 24
lft,.
28% Sep 19
May
34% Aug 13
.
54% Feb
10
10
25
13
42%
109
30% Feb
28
.18% Sep
10
Notpar
66% Oct
Feb 25
Aug
24
No par
No par
No par
7%
Deo
35% Nov
2
43% Mar 29
1
Sep 18
37% Sep 20
8
21%
Jan
56'/8 Jun
28
.
Jan
18% Jan
Jan
17
Sep
13
Highest
$ per share
July
22% Jan
No par
Florsheim Shoe class A new.No par
600
26%
-.23%
,
.
No oar
Co
14%
;
*26%.
,
$4
_—
Stores
(The) Carpet Co.
15%
'
79
/
preferred
National
17%
22
26 f?26%
k
conv
Flintkote
20,000
90
14%
...vl:,;
26 %
24
'
First
200
22
*14
^'7:
4%%
.
Firth
37
16%
22
14%
14%
75%
s
22
14
*21%
' 14
22%
12%
*22%
-
100
800
3,000
:
108
i
37
'
■
MV
4 % %
Sep
55% Sep
5
♦102%
'
23
No par
61%
j
Jan
Jun
61% Jun 25
"
20
Sep 24
64% Sep 20
Dept Stores new com—•
Fidel Phen Fire Ins N Y
21
*36
■
.
Federated
1,600
:!?->
167
23
13 % Sep 24
2
2,800
63
♦106
107;
40
107%
57
20%
No par
56
I 56f
20 % Aug
Oct
33%
49
10% Sep
preferred————100
Verro Enamel Corp—I
22%
55%
12 / Mar
155
115
113
185
180 Vi May
Sep 24
Sep 20
40Mj Sep
44 V4 Sep
19
Light ft Traction
Federal Motor Truck
60
;
59y4
128
20
Federal-Mogul Corp
4,800
22
138
5
600
;•
.54%
Dec
170
2
7% Jan 24
95
$6 preferred
14,200
54%
111%
167% Dee
Aug 28
29% May 28
93
No par
Federal
1,100
26%
22%
Apr
Oct
Dec
Apr 24
Feb
19
11
Corp—..
Jun 10
20
Farnsworth Televls'n & Rad Corp.l
15,500
12%
54
Jan
:
I per share
24
X90% Aug 29
1.
—3
2.80
Ex-Cell-O
34
22%
27
29%
29% Nov
100%
Year 1945
14% Sep
1
Exchange Buffet' Corp
25%
52%
110%
24
9% Sep 24
Eversharp Inc
.12%
21%
122% Jan
Lowest
48% Jan
par
Federal Mln & Smelt Co
19 %
Mar
Feb
.f 36
Sep
3% Sep
...
—
50
52%
Jan
Jan
65
5
5
5
2 % Jun
Pajardo Sug Co of Pr Rico
53
18
22 %
Mar
35% Apr
50% Sep 10
14% Sep 20
3:
105
Fairbanks Morse ft Co
106
Deo
117
28
par
Co
Products
600
*104
Deo
56
113
80% Feb
100
50
35%
|
50
Mar
129
16% Jan
No
common
5,700
22%
r
RR
101%
.33
;
17% Mar
47
May 21
23% Sep
114
No
Bldg
Office
35%
105
,105
;
12%
112
18
19
No par
preferred
101%
26%
Mar
40% May 22
19
100% Sep 12
102
Sep 20
5% pref series A
21%
71
24
No par
No par
Erie St Pitts RR Co
9%
21%
56
-32
12%'
:25%
12%
com—
4.700
52%
,21
U
Erie
H»/a
.
Service
55
9%
Sep
Sep
7J/4 Sep
4
22
53%
21%
104%
*34
..6
209
19
19
18% Sep
'
96 preferred
8%
9.%..
! 36 y4
*101%
37
:«■
95%
(Equitable
3%
31%
54
104
107
95 preferred
44"■
21%;
20% : 20%/
•.
,; *34%
-
Engineers Public
"
53 :
26 y4 Sep
,
Evans
21%
41% Sep
preferred
Eureka Williams Corp..
22%
sn 8%
21
U
;
109
105
31% May 16
21
Johnson
19%
52%
263
8
com.
Mfg Co
11%
30%
24
Jan
...
19%
21%
£
Inc
11%
50
:C
Stores
19%
"43%
Sep
191
104
96%
40.
202
——
11 y4
29%
61
50
1M
t'57 %
*95
58'A
95
2
Phonograph.—, 8
104%
10%
Deo
Jan
Nor
125% Jan
30% May 22
26
Corp
4%
£: 106 %
3%
,3%
35
3
t per share
24
Endlcott
101 %
*105
3%
*8%
•
1,100
2,100
26%
106%!
38%
21
19% Feb
,
-106
-
24%
25%
24%
3%
•28%
116% Feb
30 y4 Jan
Emerson Radio Ac
104%
30 •
40%
July
Range Since January 1
Lowest
Highest
—
69%
68
*105
39%
20
114
Light——No par
ai
pn.fprrt.fi
Wrt f/ir
96 preferred—
-.-~~~.no pat
Electric Storage Battery
No par
El Paso Natural Gas——————Jl
2&%
69%
104-
Bros
Emerson Electric
•103 \
28%;
13% Sep
pfd
Electric Power ft
14%
43
106%
1%
4
169
No
4%%, preferred
1,500
104
10%
100
Jan
Elastic Stop Nut Co
Electric Auto-Lite
tThei^
2,200
138
*66%
107%
'17
133
Elec ft Mus Ind Am shares
106%
;
20
2,200
103
19
125% Sep
4%
3%
12
19
16%
•38
16%
107%
17%
58% May 28
Jun 13
2
Sep
Electric, Boat—-——3.
Conv preferred yr
.Na par-
103%
11%
12
41% May 10
Apr
227
7,100
1,900
,3%
.
99
4%^ preferred
Ekco Products Co new.—
6,000
150
25%
£
17
———
B.% eum preferred
30
20%
136
13%
68
56
27
Inc
104
148
,21%
*90%
7
Jun
33% Jan
21% Sep
Co
Airlines
Eastern
Edison
107%
11%
Jun
118
9
Eaton Manufacturing Co
136
14
101%
95
192
4
17% Sep
,
Jan
Ratige for Prevlonf
2,300
149
•
59%
26
112% Sep
I per share
41,900
3,200
42%
58
143% Feb
STOCK
8,000
16%
46%
10%
par
5
27
148
9%
10
37% May 31
6
29% Feb
116
48
16%
Mar 19
108% Mar 25
10
No par
45%
136
3%-
Apr 24
19
Eastman Kodak Co
4
*102
5
20
30
X37ya
16%
101%
29% Sep
EXCHANGE
11,100
102%
109% Feb
105 y4 Mar 15
40% Jan
July 10
75% Sep
1,000
16%-:w/I7%
/ 101
30
24
3,200
45%
w'm mco
23
Aug 26
34% Jan 14
16y2 Sep
201
,
19%
25%
50
3
Jan
104
,
45% Nov
100
27
*104
29%
Aug
50c
44%
106
Dec
33
No par
lit
Dec
25%
X23 % Sep
Cigar Corp
Sep
4
No pat
preferred
Dec
75
9
48
common_.No
Jun
25%
13
52
212
212
'198
68
25
57%
16% Jun
39% May
24
Eastern Stainless Steel Corp—
*42%
CLOSED
21
.Jan
Feb
Aug
47% May
Dec
40%
50% Apr
16
NEW
v29.100
68
67
-
No par
g
Light
5,000
24%
22 Ye
Jan
24
23
8hare$
21%
\13%y: 14%
21
49% Nov
24
30
the Week
23%
13%
24
—1
DWG
17
77
27
Sep
16
Apr
STOCK8
Sept. 26
sharo
Sep
7% Mar
16 y4 Jan
4
No par
de Nemours (E I) ft Co
20
Hales for
Friday
Thursday
Wednesday
Sept. 25
•••
28
39% Mar
-
$ per share
j.
•
Jan
62% Jun
International
14.50
1,800
14%
34 %
Sep 24
Sep 19
10
15
115
115%
14%
50 y2 Jan 29
16
preferred
conv
Dunhlll
8,600
127
*126%
183
Aug
Sep
18% Sep
Duplan Corp
400
36
*35
34 %
17% Sep
par
Industries
Jan
3
42% July 26
24
—
33
58% Jun
48% Sep
84 preferred series A
300
7
20
No par
Mines Ltd
Dresser
Jan
30% Sep
Co
Pepper
Dome
300
21%
*90
Nov
36% July 31
34 % Apr
113
No
2,300
stock
,
Sep
51% Nov
102
31% May 23
No par
Co common
Douglas Aircraft
EXCHANGE
•
Dec
16
42
.100
3,400
184
180
14
Sept. U
Sept. S3
•
Jan
99%
19
2
A-
HIGH BALE PRICES
Tuesday
Monday
'?
*115
13%
AND
LOW
23%
25%
1;
.2
new
Doehler-Jarvls Corp
10,800
19%
19%
36
180%
115%
Class
97%
*97
19%
36%
176%
*115
•104
X150
26% Sep 20
25
Corp-Seagr's Ltd
19%
19
99
*97
19
176%
*126
share
81%
165
36
18%
35%
172
65
Jan
75% May
23% Sep
par
preferred
T Motor Car Co
Dixie Cup
6,000
15,000
80%
*97
21%
Deo
145%
Nov
July 15
16
12.50
No
preferred
900
26%
18%
' 27%
s: 17%
:
78 %
*35
18
Distil
350
28%
30
*29%
,
19
f per
29
May 13
65
..5
Match
Dtamonfl
2,300
36
52
Co
partlc
300
19%
34
52
28 %
19%
6 %
1,000
20
51%
35
51%
44
20
:
Raynolds class A
Diamond
700
37%
37%
*42
*19%
:
.
*112%
share
Deo
Mar
23% Sep
Hillsdale ft 8 W RR Co_ 100
25
19%
51
Detroit
9,100
Edlsou
De Vilbiss
167 %
9 per
42
16
25% Sep 24
6% Sep 24
100
Detroit
30
19%
32
78% ' 80%
Sept. 21
.
Jan
Aug
2
29
Sep
36% Sep
Delaware Lack ft Western^——50
2,800
19
30%
15.200
18
19%
51
10,800
7%
65
42%
51%
30%
32%
5
Delaware" ft Hudson
7%
38 '.
33%
Batnrdav
52% Nov
111
87%
25
May20
34
Sep
34
ft
w» par
'Preferred —————^—————20
1,500
24%
19%
30
i
•
13,500
17%
42%
17%
*
40
38%
65
37%
19
105%
39':
Records Inc—j-:
24 Vs
38
17%
105%
Decca
65
19%
*42
18%'
105%
Dayton Rubber Mfg Co——SOo
3.900
24%
24
*60
44
38
42
18%
;;;•
2,100
7%
7%
19%
38
42
*37%
21
47:
1.7%
26%
■-
Dec
Nov
•
July 18
45
28
Sep 23
110% Jun
6
19
Sep 20
41% Sep 20
(The)-.7
preferred......—.—_ 100
AVz%
38%
26%
51
7- fa
34% Feb
145
4
18
47
'j
32%
30
17%
20
105 V2
•
40%
39 7
26
32
'•••>-.::'
;
38%
*38%
26%
42
19%
4
30^
18
iTbe»_i_l
Corp
Dayton Power & Light Co
113
*20%
17%
38%
17%
'■ Nr *■ '■
y
Jan
124
Jan 24
Sep .24
17% Sep 10
f
Chemical
'
~
16%
18%
r.
47
25%
V
16%
24%
-
./
21
65
42
'
v'--v
f?
*111%
45%
24%
*60
70
23%
17%
23%-;;25%"
x24%
24%
23%
*60
70
37%
''Vvf l!^,>
35%
*
5
76% Apr 29
12% Feb 4
27%Sep 10
..a
Cnrp
1 lavinou
3,700
24,500
30%
,29%
..
20%
•
7%
7
•'t'19% *20%
113
30%
28%
7;'
7%
6%
30%
29
39
7%
v'
'
20'/4
20
40%
38%
23
16%
>,
45
if?.
46;
38
39
237b
...No ytr ;
,
Davega otores Corp, at
600
*19% <21
'
•
>
*111%
21%
35%
•
39
6%
>;••?
21
44
;43
20'
19%
30%
29%
*111% 113
39%
*60
20% V A •20
19%
xl9 %
19 Va
-20
19%
.-»••
20%
20
39.
,
**
18%
28
29%
*111% 113
.
27
'•f
19%
19%
18%
^
18"
"
•
20%
42%' 43% *
35%
38
v
19%
"•*
30%
113
..
Oct
Dec
'Nov
D
fi y-ijj
20%
'
-
Dana
'
*
19%
18%
28
..v.:-;-'
9,700
'
20
•111%
'
Outler-Hammer Ine.
106'
53
30%
'112
Dev
146% Feb
177/a Sep 20
129% Jan
106%
.
18%
19
19V4
••
5% Sep
1
108
;
Jan
24% July 8
26
ll
pfd
20%
82% May 16
-
26
Sep
—
2,500
'•
•
Sep
60
—1
Claat A
Ouehman'a Sons Ine 7%
^ y*.**
106
Mar25
106
Sep 11
Sep 19
10% Sep 19
No par
;
1 54% Feb 16
115% July 0
46% Jan 8
28% Jan 10
165i Jan 8
66
Jun 11
10
No par
preferred.
Curtlsi-Wrlght
8,000
r"
18%
45
Prior
''
'
.
:
/ 17
—...No par
$7 preferred.....
f
*
26,200
.
-
5
Stores Inc__2.50
Drug
Cunningham
•
•
yrX'.i
Sep 10
Sep
Curtis Pub Co (The)
700
140
.'1^"
37
98
Cuneo Press Inc new
200
38,000
Jan; 5:
30
preferred
4%%
1
•
Sep 19
■
100
Cudahy Packing Co
5,000
-
Y:f'v:->
■;-
'■■■
•■<
1,100
«%
Sep 20
23% Sep 24
99
20%
19%
*165
Sep 10
34
No par
59%: Dec
Jail
49% Nov
110% Feb 5
150—Apr 12
«,10d
18%
*130':
103
Sep 19
llOSeplo
tper share
'
37}
40% Apr 12
pr^fprr^
5%
Lowest—*
8 per share
6
54% Feb
Sep 20
26% Sep 19
preferred
64%
6
18 y«
48
Cube RH 6%
'
~
.
No par
-
Crucible Steel of Amer
700
.
115
ioo
r.'•—
.'
■
Lewest.; y :;"y*y'Htghest y •
Crown Zelierbach Corp
8
•
*4.20 preferred u<
No par
*'B4 2nd preferred-*——.—No par
*
V.
Range 81i*ce January 1
iinrr •R^rtp'1• jp«r
35% Sep 18? .: 62 Jan 14
1,170
12%
11
1*110
..Vf
27%
27%
'
55
preferred
$2
3,900
39
104
104
100
*90
?
.
.
< "k'
-Crown Cork ft Seal———No par
■
6,200
—45^- -46^;
-
100
•SO
100
•
29%
*115 %
175
•
49
19%
19
.-♦46<
-V
*95
•*165
y;:
STOCK
?EXCH^
500
*105
20%
20
175
45%
*165
44
'
^v41%: ^4#S
44'%
«*"43
19%
175
♦165
49
28
28
*1,800
28%
101
101
YORK
-
39
39
39%
38%
101
101
26
29
19%
20
25%
18%
20%
19
36%
100%
23%
26
25%
•
35
100
100
1
*115% 118
*113
118
37% 38%
113% 113%
"
■
37%
35
105
104
•104-104%
100
28%'
27%
the Week
Sper share
39
39%
48%
48%
29
29%
*105 vi07%
39%
40
48%
49
28% 29%
105% 105%
49
•46
28% .7
*113%
38%
36%
>
49
7
27%
EXCHANGE
8ep|. 26 "
7*
WWlf
NEW
'
"*i"Sept»27
$ per share
9 per share
(
WrM»»-
«*-
Thorsday
-
Sej»lr24-''-4r-i":'r" Sept. 25
Sept. S3
- -•
$ per short
'-'V":
mOB SALE PRIOR*
Jan
16% Dec
107%
Apr
34%. Not
63%
Deo
70%
Not
110% Mar
60
Oct
38% Dec
111% NOT
53
Oct
18%
Deo
13 % Deo
80% Jun
44% Deo
43%
Deo
27
Deo
NEW YORK STOCK RECORD
•
Monday
'
■\ Sept. 23
Sept. 21
per
v
I per
•
'^■.STOfcK-
17
17%"
*
32%''
99
"
'17-;
31%
"17 X'
48
47
EXCHANGE
-'•-CLOSED
33%/,;
101
100%: ;
:
48%
47%
-
51%
si y4
17%
•m.y
i7y2
35 y4
8,400
100.,
100
99
STOCKS".
1 NEW
YOKE STOCK
Range Since January 1
/.:/•.
:V^
Freeport Sulphur Co
400
33%
.
•
EXCHANGE
/1,900
34Vt
99
•
Sharet
33
101%
»
Week
*17
33
t
•
I per share
'
49
abator
Sept. 26
I per thare
share
46%
Thursday
Wednesday
Sept. 25
-
Sept. 24 j
,
thare
f per
share
Tuesday
v;
-
'
?
■
Saturday
j
;
p. 430
Lowent
Par
Li—;
10
4% cum preferred
Year 1945
Highest.
..
/ ;•"/ I
per
.
.
thare
I per share
45% Sep
3:
16% Sep 16
48
Sep
3
Sep 23
99
100
.
.Highest
I per share
'
27% May 13
31 \
Froedert < Grain & Malting Co Inc.!
Fruehuuf Trailer Oo'commnn
y
;
•
9 per thare
61;
Jun
" Jun
112:
3
34
61%*ov
Jan
18
July
1
*
11%
•;
11%
12%
f
18%" 19
11
12%
■19^
*v: 17%
*
11%
7%
vd- wv "7%
*'• ;* 18%
:4
9%
"
19%
18 v
10%
^18%
v * V 17%
10%
,
.
45%" ,\
16% ■
44
? ^ 16%^
1
14%:
16%
15%
~
16
.
38%
39%
15%
*100
50%
10%
-
.181
15y4
4-4?, ■»**-■>•»■ Wr-A*
8% ^ • 9%<
WX-gO^ 82W V**;. *1*
37
37 *
X35y3
35%
^ f 29/'
29-A
28%: 28%.
*160
167 :
>160
167
•"
:
•
36%
29%
*160
38%
45%" v>^,,'44%::''45; Y "V;'.' 44%
48%
\ "46%
47%,
46%
129% 129%
>128% 131%/
*128%
44%-
147%
-
'
«
,
/
115;
53%
,115
50%"
*
*114ya 116%
50
51%
; 126 "126
.
"126% 126%
-
17%
22%
23%-
*90
16
116
-51%
; 126%
108
51%
10%
181,
16%
5%
5%
31%
30%
37%
27%
36%
4
*
^25%
-
*106%
39%
41%
102%
102%
101%
*101;:>?
:
30%'
105
5%
45% '
41
,
101%:
29%;r31%
*104
/:
37
58
56
6%
'6%
134
33
63%
*
5%
33
51
54
105%
55
105%
26
105%
5%
36
36
15%
14
32%
72
*102
56%
103%
56
106
*102
*
60
'
105%
58
105%"
'
27%
27y2
6%
6%
6%
6
6%
.6%
37%
38%
14%
28% Deo
6yB
.
10T -V Deo
300
3J
8.400
7% Oct
3,400
151% Jan
50
9,700
107
77
17,900
3,000
-1,200
49,600
\
'
6%
r
Mar
25 y8
53
6
48
'
/
:
.
y
3
107 y* May
12% Mar
19
5% Jan
/ 12y8 Jan
19
„
4%
Jan
54 % May 10
18%
Jan
33% Deo
27 y4 Feb
4,400
Dec
*2% Aug
7% Nov
14 Y$
Jen
21% Deo
33% Dec
109%-Nov
21% Dec
65% NOV
39% NOV
175
May
75
Oct
40% Jun
112
8
25% Sep105 > Sep
Feb
3
8
'
21
Feb
Jun
14% Jan
v
Aug-
4
64
14
46
38% Jan
161% Mar
34% Jan 28
.
'
188% Apr 17
79
Feb
8
64
Jan
,
111
i
78% Jan
STOCKS
$ per thare
Thursday
Sept. 26
I per thare
9 per thare
Sept,27
EXCHANGE
Hamilton Watch Oo
:
104%
108
21%
40
9%:
9%
*99%
101
"9%
-9%
*"«%,:17%"
32
32%
31
,
31%
*101
104
*73
•f83l
19'
A
20%
52,
«0
23
80
134
134
"
•
,134
.24 ;
30%
30%
,23%
..100
pfd__No par
(G
-23
-100
W)
non-cum
preferred.
Nn Wrtf
Hercules
53
30
No par
Power
-AVO
Hershey Chocolate—
—No par
$4 conv preferred
No par
HeWttt-Robins Inc
—5
atnde st Dauch Paper Co
—10
Hires Co (C E) The—
1
135%
on.
80
r134'/
//•23//'Z;35Z/:
.
preferred
18%v, 20%
135
80%
80%
•:
7%
187
50%
135% 136
conv.
Helme
74%
♦183
187.
4%
Harbison-Walk Refrac
No par
6 % preferred
-100
Hart, Schaffner & Marx
10
Hat Corp of Amer-class A
1
4%% preferred (modified)—100
Hayes Industries Xnc
-»«1
Hayes Mfg Corp
'
Hazel-Atlas Glass Co new
—5
Hecnc Oo.
'-a®'
3% % preferred
-100
162
.38%
'
'
no par
Hanna CM A) Co $4.25
22
•153
Lowest
I per share
prcicxxeu
30%
Holland
Furnace
(Del)
new
5
24%
26
25
25
27
Hollander & Sons (A)
24%
24%
24
24 y4
36 y8
39
37
38
14%
15%
15 y8
15%
51%
51%
29
78%
X103
79
80
15%
17%
31
31
32%
6%
-•
33
:/ 17%
y4
,103%
"
80.
17%
1
8
31
32
,
:
33%
34
6%'
/•:
12%
13
6%,
6%
14%,.-15%
33%
;
Apr 11
109% Apr 13
34% May28
20y^Sep 19
34%
34%
,35%
16%
17%
•
k,:.15%": 18
:
/^29%
30%.
Sep
27
37
Feb
26
9 y4 Sep
26
60% May 29
16% Jan 16
Apr 25
5%
«y.
:: 3i% ?32y2
-
.
5%
6 -■ ;•
;/
Ocp
oi
103
71
v
15% Jan
139
Sep 11
132
Sep 26
22 y2 Sep;. 9
106
76
■
4
Mav ?•>.
—
,
34% May 10
36
Jan 11
28% Feb
6
52% Apr 22 "
35% Jun 26
111 y2 Jun
20
---
.
251
Jan
23% Jan
6
W. •:
J*n
Oct
Feb
Feb
123 ;
Feb
21% Aug
21
37% Jun
24% Sep 20
---
17
.
Jan
V17% Jan
42
Jan
16% Jan
55% Oct
25
Aug
102
Sep
66% Jan
24
os
ADr
30
Apr
9
July 19
,12% Jan
5
12% Jan 25
34% Jan
2
Jan
47
—
60% Feb
:•/!*
.
»
—;
.72
May 31
41% Apr
11
Apr
130
.
39% May 13
x43
—
rjft' fMrtl
2
May
146% Jan
"
Sep.24
21% Sep
2
.
'
Jan
Jan
Jan
Aug
Dec
Jan
Oct
—
—
72% Apr 17
Apr
3
46% Sep 10
,
*
Z
,i>n
j
*
45% May. 17
34 y2 Mar 25
49 va Jun
107/aJun
4.
24
per thare
100% Oct
71% Apr
170
Jan
'22% Jan
Aug 7
38% Jan - 9
130-Jan 28
30
Jan
90
-
Highest
| I
' •'20% Jan
■
192
15
10
Finance com
No par
preferred
100
Houston Light & Power Co.-JNo par
Houston Oil of Texas v t c—.—23
Howard Stores Corp-,;
—1
Howe Sound Co—:
"
Hudson; & Manhattan
—103
5 % non-cum preferred——100
Hud Bay Mln & Sm Ltd—No par
Mntfll1
18
;
109% Mar 26
16
Sep 26
Previous
9% Jan
6
Mar
28 :
May 23
j>i
Sep
Jan
16
34% Sep
9
:JR% Sep
184
96
16% Jan
9% Sep 20
6V2 Sep 24
31% Sep 27
3%%
**»IW>
33
20%
15%
" 103%
,/105 .
;
18%
152
*30
7%
106% Jan 24
99
—-—3
I Hudson Motor Car———No par
Hunt Foods Inc——.—■———8.66%
Aug 21
170
153
*
X29»/4
102
..
Jun
Year 1946 '-:'j
6 per thare
119
Household
'
29ya
29
102
;
24
No jar
12.50
Houdallle-Hershey corn——No par
$2.25 preferred
50
*49%"50-?a
.
24
Sep 10
104
Sep 20
105% Jan 16
Holly Sugar Corp
Homestake Mining
♦25
1
•
61%. Deo
■Lowest
40% May 13
Aug
1 >"
26% Jan
8
25
16 y4 Sep
,18
—
.
26.
9 per thare
35% Sep
W
;—5
Hackensacx -Water,,..'
104
62
Jan
58 V
48% Jan
Vz
1
Highest
V
Hall Printing Co new
19%
108
28
May 31
Deo
Dee
30% Jun
100
Oct
14% Mar
Rango Since January
Par
17
/ 12%
&y4Mar
82
Range for
9 per thare
36%
85% Deo
28% Jan
.
•
NEW YORK STOCK
19%
'
'
Friday
16%
*35%
5
4
28
'78
Deo
108% Mar
X35
104% Jan
13% Jan 25
108
Jan 25
30% Jan
LOW Aim mOH SALE PRICES
/-Wednesday
Sept. 25
Apr
52% Apr
/;
.
Tuesday
Sept. 24
y* Jan
22% Jan
547/aMay 28
Deo
86
52
May 20
105
-
-
Nov
115
18
*
...
63% Oct
30
-
-
July
Feb
-
.
105 y4 Mar
Jan
>
.
,
Oct
Apr
43
38% *
900
14%
"
14%
14%
.3,600
33%
34;
33%
33%: >
33%
33%
33%
34
33%
34
;
3,800
103
J103
103
103
"•103
105
*104^. 106
105
105
140
;T17%'
17%"17% ' 17W'
17% ;
2,200
42%
44%--'*' ' 41% . A6 * ^ "/ ^45 •' -- -46^ 44 ■ -45*A
; '44%
45% v /
15,400
•26 V
26/ : '
25%
25%; ;;
25% 25% —25% 25% V
? 24% #25% ; ; . 2,300
*163 * 170
'
*163
170
*
*163
170
~
*163
'170
'
*163
170 ; f / ;
*55
63 *55
63. 1
1
*55
63
*55
63
* V
*55 /
62
,!
68%
70%'-": 67%
69
"
70%
72
74
75
74%
75
^
2.900
36%
37%
35%
37
;
36%
38
37% ^39%-" '^^ -37% '38'A i/A " 15,600
106% 107
106% 106%
106% 106%
106% 106%
• 105
106%
J
100
32% "34%
30 % 33
32
33% r
32
32%31%«32%^10,800
7%
7%
7
7%
.7%
7% V,' *7% 1 •
7%// 7% ,.;'WV/v 1,900
*85 /
* 88
*85
87
*85
88
'
85%
85% '-;
*85 V '87%
60
10%
11%
10
12%
4 12%
12%
11%
12% " f
11%. 12%
1
16,000
39
40
<
37%
42
41 '
41' I
40%
41
'•„
*39 -7/41 "
' •-—-•3,200
61
61%
60
62
63
64 %
64%
65
;
64y4; 64% '
10,500
.
74%
July
16
113% Jan
.
'
Nov
40
Feb
v
102
10
Apr
165% Jan
147% July
8
47% May 14
88 y2 Apr
3
3,200
27% V
6%
Oct
May
57
"100
103%
( 59%
*
*6
38%
38%
Deo
105%
14
14%
Deo
111% Deo
17,100
33 V4
72%
6%
Mar
46
7,700
13,500
*
132
27%
Deo
38%
111
140
20
r
6%
105%'106
27%
37
;
14%
44% NOT
2,500
1,200
'
57
33%
71%
72J/4
71%
103%
*127
34 Vs
6%
5%
36%
14
133
*129
.
40%
-
6%
27%
27
6%'
6
6
69
*102%
39%
6%
•.
^
42%
102%
v
*56
57
6%
132
/
40
*55
6%
33
7%
-
39%
58
42
*101
102
102
39%
Deo
133 ya Deo
104%
*104
43%
Deo
31
980
101%
32%
*101
32
32%
34
2,200
v
42%/103%
8% Doe
7,200
3,600
28%
110
103%
105
41%
105
*129
36%
-
101%
31%
*104%
37%
28%
41-
*101
>•
>
33
*106%
42*/4
'
2,000
108
37%
'
105«/2
43%
32
,
27%
110
*102%
105
133
68 y4
28
6%
6%
103%
105%
26%
41
;
101%
30%
63%
56%
53
105%
38%
*55
6%
*102%
68
103%
'•*102
42%
105%
132%
134
32
6%
*102%
101%
*102
56
37%
27%
*106%
41%
39
,•
37%
27
110
*104%
,
43
105%
*102
39%
38%.
*56;
37'/4
32
107
7
.
24
107
31*% '
30
106
,
31% *32%
105
39%
103y8
103%
'
*101
.
30%
4.900
2,900
52.400
.
.
5%
5%
41
■'
30%
:142
23%
109
- >
17% nfei-
*135
'
,
'
4
30%
31V4
'
25%
.16%
'
4.300
177/a
3%
141
26%
.
105%
-
,
31%
*135
-
*106%
39%.
*102%
167/s
"
v
4
24%
37
•
:
110
37%
,
31%;;
*104
.
16%
32%
141
26
5%
'
t
25%
3%
1.
4
23%
30%
26% -26%
*106%
.
i 17%
r 25%
</
17%
5%
103%
37%„
36%
^
'
110
.
23%
30%
14%
.
5%
104%,
30
«
22%
5%
23
101%
109
103%
-
5%
22
24
22%
10 y»
17%
16%.
30
,
Deo
Dee
61%
185% Deo
27% Deo
,
16%,
*135
'
.
15%
,
10
1,900
V. 11
,
16%
.
4,700
*5.300
52%
52
;
,
.
25%
29%
liy8 '
*181 ,186
!
15%'15%:
11
-9%:
17%
141
80% Deo
24%. Deo
109% Deo
•
17%
28
—
108
*100
52;:
„
„
17%
*135
108
5,900
;
7,700
{
16% '
16
•9%^10%-t. /S//27.™0
79%-79% • i79%i««0
290
37%
37
37 •
37
37%
1,400
29%
28% 29%
30%
30%
1,200
167;
163% 163 %
*160
164' _V V ;
20
39%,
-38%. .40
»
39"'
397/a
: ,42,700
44%
43*% ' 45%/f ^;A44%'",45% 'C V- .7,600,
47%
..48%
50
»•
*48
50
1,900
130,
130 ,130
,*128% 130.
60
116;
114 t 115 *114 : >116 '
' !
500
5453
54%
■
53'
54%
85,100
126%;
*125% 126^ "> .,/ll26
128 ' Wis
700
24%
3%
29%
107
*97
186
'
15%
15%
.
3%
141
300
,
9,600
11,500
17%; 17% ;
-
X:
*181
16
24
29%
\
■
107/a
22
3%
*135,
'>
.
16%
51%
,
,
15%
*
*100
.
4/
-
107
15%
4i
.
2,900
14,400
X ' '
700,
10.400
.
-,
19
io
97
16%
17
X
z./9%V10^j;V.
79% 79% '
38%
38
ioy»
*90
,
16%''
15%
19%
.
18%
16%; 17.17%-, 17%:
;
,
' *100
108
50
'-'J52«' ,*-V 48%
52
•:
//
10%" 11
V 10% 10%168
r :?I77 ,
185
J *181
15%
12%
12
,;"45%'v45%.;',->45%^47%-^',W*45 ;~!f'46%'':W400
•
~ HO
*100
8 . ■ - v/*> s
19% :V tf,18%Ml9
12
■
11%
11%
19%
*18%
19%
19
18%
19%
ioy«
'
9% *ioy«
,11%
19%
io
.
15%
12%
.7%.
11%
.
18%
107
*90
12%
«
.
11%
19%
15%, 16%
.
107
*93
7%
*lto
^
18
9%
9%
43 r " =43* ■
-
12y4
8
12
,
19 r
11%
19%
10
;
Jan;
26% Aug
14 y4 Jan
,
...
"*** Jev
26% NOV
35
NOV
€0%
Jun
25% Deo
63
NOV
29%
Dec
109 y4
July
87% Nov
23%
54*
8%
Dec
: Dec
Dec
23 y* Jun
36% Dec
34
May
THE COMMERCIAL &
FINANCIAL CHRONICLE
Monday/September 30,1946
NEW YORK STOCK RECORD
•'
SALS PRICES
Wednesday
LOW AND HIGH
Saturday
Sept. 21
Tuesday
Monday
Sept. 23
I per
I per thare
i;--.
Sept. 24
# per
share
-
I per share
share
Sept. n
I per thare
1-
35%
35%
35%
35%
35%
22%
46%
21%
22%
21%
22%
46%
*45%
45
; 87
*92
17%
87
17
17
3,600
42%
3,800
12%
41%
43
38%
28%
75%
30%
32%
*95
39%
5%
107%
*6% ■V. 7
*210
185% 186
8
8%
*53%
38%
■
;■
109%
108%
109%
987/s
98%
98%
3,200
15
2,600
107
100
39
57%
*34
43
*34
17%
18%
18%
18%
30%
30
22%
12
111%
*109%
121
50%
124%
118
118
120
120
46
48
47
99%
21
12%
12%
12%
104
*103
104
Jacobs
50%
50
111%
*111
112%
130
*126
129%
2,700
123
*119
124
*120
124
50%
111%
> *109
36
*109
99%
99%
20%
20
21
*109
*120
150
38
Johnson
20%
■
if:
100
—
5% pref series A
Joy Mfg Co
9,500
Dec
Dec
45% Dec
57
49% Jan 30
24
60% Aug
1
42% Aug 13
31% Feb
2
18% Jan
33
Dec
31% Feb
2
187/s
Jan
33%
Dec
50
19
4
17%
Jan
41% Dec
30%
Oct
46
Dec
152
Oct
Apr
34% July
19%
Jan
50
Aug
1
36
3
163
Jun
28
145
Aug
Jan
24% Jan
17
3
19% NOV
108
109% Aug
19
167% Apr
101
11
153
10
9
Jan
118% Aug
31
Jan
9
61
Nov
£ep
116
150
25
90
Jan
140
Dec
Dec
Feb
53% Feb
Sep
4
108
24
34
27% Jan
2
...Mar
May 22
79
Apr
19% Jan
22
23%
>.
23%
*120
*21
23
*120
123
19%
22%
123
19
*
46%
47%
40%
40
16
17
%V
f:
23
:
48.
22%
46%
■
22
48
*40
'22 % n 22%
*118% 121
23
22%
*118% 121
121
21%
41
15%
23
*118%
21%
*40
39%
-
8,200
22%
23%
Kan City P & L
48
41%
16%
16%
16%
16%
23%
22
23
*23%
23%
14%
13%
14%
14%
14%
14%
14%
45%
43%
45%
44%
45%
45
47%
31,900
40%
40%
42
42
27
27
20%
*39
.
16%
21
42
*39
17%
25%
h *16
26
17%
85%
85%
83%
86
27%:
30
27%
28
36%
37%
36%
36%
47
47%
45%
47
'
46%
46%
49%
Saturday
Sept. 23
8TQCK
5%
5%
41%
17%
19
*55
50
39%
16%
70
*55
52
7
31% Dec
Jun
10
34
Jan
67
18% Jan
38
67
19
May
Feb
1
'4
2%
25%
25%
1,700
600
90
*89
90%
140
29%
29%
30
30
30%
5,000
37
37%
37%
37%
37%
37%
2,800
Kresge
47
"
18%
88
29
'
*18%
48%
48%
50
50%
50%
3,300
Kress
48%
48
49
47
Sept. 25
I per share
6%
6
6%
42
42
18
18%
70
44
,
65
18%
48
Corp
$5
prior preferred
Koppers
Inc
Co
(S S)
Kroger Co
6y8
18%
18%
*55
70
53
54
18
Laclede
(The)
•
70
52
Lowest
Light
54
5% Sep
4
No par
Co
(The)
„
i-—
61% Jan
.
7% Dec
48% Dec
54%
Oct
47
Jan
19
17% Jan 28
12
Jan
17%
Dec
20
55% May 23
29%
Jan
44
Dec
6%
Jan
17% Jun
12% >
12%
12%
Lehigh Coal & Navigation Co.—10
11 % Sep
41%
39%
40%
Lehigh'Portland Cement
25
Lehigh Valley
..^50
Lehigh,.ValteyYCoal—..—,—No par
34 V* Sep
24
17% Jan
3
2%
2%
2%
*25
50
20
27/8
*25
19
20%
20
50
2% >-3. ■:>.>
50
6%
7%
7%
44%,
42%
43%
43%
44%
45
23%
23%
23%
23%
24%
24%
24%
x29%
7%
8
x44%
2% :>>3
*25
20%
7%
7%
7%
24%
31
28%
30
30
30%
29%
28%
51%
48%
49%:
49%
50%
50
50%
50
10%
*29%
11%
10'/a
10%
30
10%
10%
10%
11%
10%
29%
29%
30
30%
86%
87
»7
88%
88%
89%
30 W
*86
87
*29%
*85 %
'
88
86%
"
87%
88%
87
88
88
187
187
~
190 r
'
187'
40 >'■
40
*38%
407/a
191
41
193
41%
46%
51
46%
49
49%
51
46%
47
46%
46%
46%
46%
33%
34%
33%
34
X35%
25%
26
'23%
26
i6V<t
11
'
*30
85
86
41%
31
85
.
193
41%
29
50%
•
87%
195
193
42%' 42%
(Th<>:r
•„«•,
46'%
37%
27
25%
15
14
V : 46% Sep
44% May 14
74% Jan 28
11
29
Sep
48
Link Belt Co—--————Na par
Lion QU
RettolpjLCo
i
210 % Mar 29
65%, Apr 11
r
> 46% Sep -23
;
88'-
-
Jan
8
.Feb
13
44% Sep 20
66
No par
27% Feb 26
43% July
r-No pax
100
Sep-27
104y8 Sep 24
,,, , ,,,
.
103% Jan 24
.
"
38%
May 13
33
37% Jan ?1
102 1 May 23
00
37%
15% Apr
65% Jun
Sep, 20
27% Sep
4
15% Apr 15
Lily Tulip Cup Corp—-— L
Lima Locomotive Wks.......No par
26%
37
;
24
35% Jan
4
16
423,
.,
2% Mar.
15
Apr
10% Sep 10.
46%
51
46
37
6% Sep
64
38 ■% May
12
84% Sep111
u; > 85
Sep 10.
,187
Sep 24
407: Sep 10
No par
.
.
20
28
42% Sep 24
„
,49%
.
'
>'50 V*
pfd
i„r-i
Corp_^_——8
Lerner Stores Corp
No par
Libbey Owens Ford Glass
No par
Libby McNeill .&rLibby^.^. .,7
Life Savers Corp new—_—
,—5
Liggett & Myera Tobacco^__——23
fiprtoa-W"
->•';» -■■■-.
■■■■
M
Preferred:
10ft
Corp
Sep
Apr
5"% Jan
24
3
19
No par
—No par
Lehn & Pink Prod
25%
25
-
29%
49%
50c non-cum 2nd
Lehman
46
45 y8
preferred
pfd
82
10
2% Sep
49% Jan
•
50
S3 non«-cum 1st
7%
7%
8
Non-cum
21%
21
45%,
■
50
*25
21
6% Sep
:
-
1
'
r*
'
109%
'
109%
104%
109%
H o CO cv- <*
108%
28%
29%
27%
29%
29%
.30%
wv*
'
29%
27%
28%
28%
29
105%
Liquid Carbonic Corp
118
-
;3%.%. Preferred-.:.—.
28%
29%
Loews Ina
:
67%
69%
66
68
70
70
20%
>'..
21%
19%
71%
Lone Star Cement.Corp
20%
20%
21%
21%
20%
21%
21%
20%
21%
21
21%
\ 21%
Long Bell Lumber A
Lorillard (P) Co_„
184
184
*25%
*180
26%
>■•■"'--47%
51
24%
28
102%
14
25%
>47.r>
;
24%
103%.
17
102%
-
67%
"
184,
.
25%
49%
26
14%
16%
33%
180
185
>
1%
•
.
•
25%
49
52
Louisville & Nashville-
27
26%
27
Lowenstein
.
103
103%
16
16%
Louisville Gas & El A
-
'101% 103
16%
16%
4Vi%
(M)
cum:
120 :' Aug
.7
45% Jan 14v
«
3
41
Apr 11
94
May 31
:-';-64:--''Jan-' -3>
No par
35
Jun 10
-No par 3 18% Sep 19
>>31% Jan-10
20% Sep 17
10
-
50%
26
-.26% Sep
26% Sep
-'
181
4
1
—No par
50
it Sons Inc—.—1
pfd series A—i—-100
Lukens Steel -Co^■,
■.
Sep
197
27
24% Sep
11
47
100
preferred.
26 >v:
25%
.50
26%
102%
186
*180
22
j
,—No par
:
43% Jan- 29
25,
Lockheed: Aircraft Corp_—______1
30Ve " 30%
24
Sep
-
14
10
17
72 V* Feb
6
43% May
108
24
Sep 23
102% Sep
:
Aug 28
32% Jan
•>
24% Sep 24
.
July
30% Jan
7
9
14
>;■. V.'-V
*33%
34
33%
*155%
162
*155 V*
45
48%
42%
*109
For
footnotes
see
45
41%
110%
page
46
1607.
*109
*33%
35%
162
*155 V*
162
47
48%
50
44
>2
110%
43%
*109
*34
34%
*153%
50
44%
44
110%
*109
162
""751
45
,110%
*34
*153%
>34%:
44%
109
J100
lfacAndrews ft
6 fo preferred
5,200
Mack TruCfca Inc
„
Macy (R H) Co'Inc—
Co Inc
4%% pfd series A
162
50% 7 517
445/s
109
5,700 '
100
~
Forbes
.
.
par
No pfir
pes
.100
100
;
■■
•
.
42% May XL
Sep 11
154"% Jan
.100
63% Dec
72
Oct
9
39%
7%
13
102% Apr 22
5
12%
7%
Highest
I per share
Apr
12%
7%
I per shares
Jan
40%.
,7%
Range for Previous
Year 1940
Lowest
4%
12%
Sep
Oct
31%
20% Sep
39
.7
49
-3
,
60%
May 29
68
38%
6%
Lee Rubber & Tlre_—
Jan
9% Jan 24
19
38
Sep 19
3.6% Sep 24
37
"
Aug
26
# per share
11%
52%
X49% NOV
37
Highest
12
52%
Mar
35% July
Range Since January 1
Lane Bryant new......—
V 4% % Preferred
18%
.
*55
Gas
Lambert Co
NOV
96% Dec
40 V* Dec
35% NOV
3
tper share
45
44
>>
19
Jan
17
EXCHANGE
6%
6J/8
44
Nov
22
Shares
J per share
Dec
35
8%
STOCKS
tper share
51
28
3
NEW YORK STOCK
the Week
31
72% May
No par
—10
10
No par
No par
—
Co
& Co
(S H)
Sales for
Friday
Sept. 27
35% Dec
Dec
Jan
ncw_No par
Kinney(GRyca..1
3,600
48
48
Thursday
Sept. 26
44
18%
*55
>
21
7%
**187
Kimberley-CIark
25%
18%
91
19%
Dec
Dec
Jan
22% Mar
No par
25%
25%
Mar
Jan
35%
51
50
19%
■
43
124
22%
No par
Keystone Steel & Wire Co
300
43
"42
Kfennecott Copper
51: i
.
7%
•25
v
Jan
38
37
■
Jan
13
12%
V*
>>v ■ 12
V*
Sep
Jan
li
18%
1,800
86
I per share
6%
40
3,200
17%
'
Sept. 84
than
« pet
25%
17
LOW AND HIGH SALE PRICES
Tuesday
Wednesday
Monday
Sept. 21
,
45
31% Dec
20
117
40% Jun
3,000
43%
;
City Southern
non-cum preferred
800
21%
CLOSED
Dec
30% May
105
36
May 31
122% Jan
3
22
Sep
4
117% May 21
19
Sep 24
10
No par
No par
4%
100
Kaufman Dept Stores
10
Kayser (Julius) & Co
5
Kelsey Hayes Wh'l conv cl A
1
pf ser B
Kansas
700
41%
x48
42
23%
Kalamazoo Stove ft Purn
500
14%
EXCHANGE
46% Nov
K
'*4
8 pet share
187% Dec
109
i-m?
,(*v ,c;
>
Deo
NOV
114% May
145
Nov
47
15
19 Vb Sep
99
1
Jan
22%
"V*—
34%
115% Feb
Mar 20
,
*■»—
Apr
9
May 31
63
Sep 23
May 28
33% Sep 24
No par
—100
__
r
Dec
116
Sep
140
Jones & Laughlin Steel
39,900
200
21 Va
9
Sep
109
48% Dec
July 1
70% July 19
125
18
116
100
Chicago RR stamped..l00
Dec
Nov
Dec
39% Dec
141
Dec
11%
Dec
108% Apr 15
46
34%
99
24
26% May
111
.100
100% Dec
193
Dec
13% Nov
123
July 16
59% May 29
114% July 31
&
Joliet
T"~
19"
6
45% Sep
2nd preferred ser A—
4%
—
ft Johnson
16
Mar
103% Sep
No par
com—-No par
100
12%
preferred
53 % Apr
Jan
Feb
129
132 % Apr 16
113
Aug 14
10% Sep 20
1
pfd—100
__
6
Jan
Jan
28%
5
- Feb
'
Jan
75%
5%
5
42% Feb
Jan
Jan
Jan
148
—
_
2%
17
Aug 27
148
Sep
4
Sep 10
40
1
178%
3
11% Feb
Sep. 18
16% Sep
1
Manville Corp
3 % %
10
—
37%
36%
*99%
21
20%
No par
21
4%%preferred.^^i^-^—
1,100
111%'
100
36%
28
Jun
101
Sep 19
38% July 30
16
74% Mar
Apr 11
15% Apr 22
45
9
44
No par
(F L) Co.
Johns
"
146
*99
1,800
300
52%
*49
111%
*120
37%
99%
,
51% "'01%
146
*120
49%
50
.
No par
No par
Dept Stores
rfewei Tea Co Inc
120
126
527/8 Sep
36% Sep
...25
—
Jersey Cent Pw ft Lt 4%
310
202
19
Sep
9
101% Sep 11
25
Intertype Corp
4,100
18
Sep
13
100
Island Creek Coal
158
*148
13
Sep
6% Sep
par
06 preferred—
111
36%
19%
1,800
50%
48%
146
*97
800
43%
111%
*109%
111%
33%
38
>23 %
126
47
*120
11%
104.
Interstate
125
111%
125%
'
12 Va
104
1,600
43%
'
158
*148
6,400
*119
*109%
146
158
18%
31
*22%
44
104
48% >50%
»
23
43%
11%
>
104%
*109
22%
43%
*148
>124%
110% 110%
22%
43%
158
104
50%
17%
31
•22
76.100
30%
17%
.43%
18%
preferred
Intern! Telep & Teleg
Foreign share ctfs
17%
18%
Jun
38% Sep 19
106% Sep 20
97 V* Sep 23
fg*
Dec
102
95
new
Dec
14%
24
27
No par
Silver
7%
100
43
*34
30
11
12%
104
99%
International
17%
*148
158
34
International Shoe—
1,500
29
21
,19%
1,700
46%
17
43%
•
38%
46%
28
•
43%
*120
57%
38V2
*53 i
,
Jan
6
13
-1001
paf
Co
;»
43
17%
18%
17%
Paper
preferred^..,.
$4 preferredr^^«^ri«.^JVo
Inter Rys of Cent Am
No
5% preferred
International
>-y r-h,
tin
38%
"-'46
43
7
.5 % conv
,'47%
38%
38%
47%
22%
49
*54
38
43%
11%
57%
*54
57%
46
*21%
104
15
107
37%
7
31%
*148
15%
108%
45
16
18%
18%
16%
17
29
15
*106
*34
39
.V
14%
104%
44
■
42
43
14%
36%
45%
International
34,600
7,800
98%
104%
103
*53%
57%
39
44
42%
41%
98
104%
12 Va
Jun
183
No par
10% Dec
57
Nov
109% Oct
87/s Mar
250
Sep 17
5% Sep 1929% Sep 10
133
Aug
1
Preferred
Jan
6% Mar
74% Sep
1
Jun
Dec
2
30
S
Corp
19~%
Dec
16
Jan
23
Int Nickel of Canada
70
1077/a
14%
14%
102
33,400
42%
195
174
8%
May 23
13% Feb
20% Feb
24
140
Feb
37% Jan
May 28
112
9
38
Jan
,
11% Mar
59
100
31%
108%
98
Aug
34% Dec
Jan
166
Aug 21
44% Jun
3
6% Sep 12
10 % Sep
100
135%
41%
97%
105
Dee
Dec
Jun
104%
190
37% Sep 10
par
100
preferred—
International Mining
107%
7
41
No
Chem
&
30%
107%
14%
8,700
Min
135%
38%
6
3
Int Hydro-Elec Sys class A
International
2,900
5%
97%
22% Feb
11% May
No par
Harvester
5%
30%
106%
103
Machine
Preferred
700
600
95
5%
136
41%
.
31%
*92
107%
98
16,300
31
95
38%
19
19
—No par
Business
International
10,900
78
31%
29%
*134%
78%
Int'l
12V* Jan
18% Jan
17
7% Sep
—No par
Interlake Iron
1,000
151% Jun
19
1
4%% preferred
Intercont'l Rubber
100
14,600
v
Deo
92
3
33% Sep
13% Sep
No par
100
44
84
19%
Jun
20
Inspiration Cons Copper
700
12
220
11%
54
40% Deo
Jan
Jan
28
May 2o
22% Jan 18
20
Jan
19"%
36
3
168% Mar 22
100
Interchemical Corp
*105%
106%
103
1,600
8
5%
5%
30%
•134% 136
97%
13%
39%
16 Va Jan
29%
I per share
47%
14
4
Insuranshares Ctfs Inc
75%
•94%
96
29%
1,200
184
7%
30
8%
7%
7%
200
74%
183
78%
185
184%
15%
11%
197
117
24
< per share
Sep
Sep
—No par
7%
6%
10%
10% >11%
200 j< 210
pat
.
new
14%
19
10
36
Jan
85
23
1
fJn
■
,
:
Co
7%
1 07%
6%
Inland Steel
No par
Sep
Sep
6% Sep
23
Sep
11% Sep
5
Co
15%
40
"106
7 "
:
80
38
RR
10,700
10,500
7%
107%
6%
186
37%
38
15
7%
*106
124
Terminal
lngergolURanrt
6% preferred
600
124
*183
124
185%
16
99% Apr 16
37% Jan 28
Industria Electrica De Mex, SA
Industrial Rayon
—
12%
43
37%
1000
;
42
12%
40%
37%
series A
12%
12
"7%
RR Stk ctfs
»
Indianapolis Power & Lt
27
185%
87
4%
7,500
27%
124
lines
27%
12%
27%
124%
185
36 r
37%
14%
15
31% Sep 11
19
Sep 24
43% Sep 24
44% Apr 23
45% Jan 15
.100
Co..
Illinois
26%
123
Leased
720
18
•
184
# per share
.100
RR
6.500
7%
*
Highest
preferred aeries A
7%
7%
25%
'
i}
"
7%
7%
7%
V-a
93
;
18
17%
6%
10
-
•88
96
Illinois Central
800
47
.Yea* 1840 ■
Lowest
Highest
Lowest
Idaho Power Co.
21,800
45
CLOSED
Range for Previous
Range Since January 1
J per sharp
1,800
19%
36 V*
i
STOCK
Shares
EXCHANGE
STOCK
YORK
EXCHANGE
the Week
Sept. 26
8TOCK8
NEW
6alee for
Friday
Thursday
< per share
Sept,25
-
:'
160
5
108y4 Aug 26
Jun
13
76%'Jan 30
65
May 28
45—Sep-23
41% Sep 24
-
111% Apr 12
28% Jan
147 '
47%
Jan
Jan
31% Jan
106%, Jan
5% Dec
60
Dec
i
'*
t
r
r\
* f*,-T\''
'">•" *H"
-
-silt-
-v.'
THE COMMERCIAL & FINANCIAL CHRONICLE
164" Number 4529
NEW YORK STOCK RECORD
LOW AND
Monday
-
Sept. 21
$ per share
Tnesday
—Sept. 23
;V
Saturday
«•*"*>
HIGH SALE PRICES
//j -Sept. 24
Sales Tor
Friday
Thursday
•
Sept. 26
1' I per share
i per share
$ per share
'Z>Z
Wednesday
Sept. 25'
I per share
Sept. 27
■•■■■'
.■
STOCKS-
'■
Range for Preyftma
EXCHANGE
Shares
t per.share
•'
NEW YORK STOCK
Z
the Week
'
;
Jp®Mr
>z
Range Since January 1
Lowest
Highest
I per share
z
Year 1948
Lowest
$ per share
I per share
Highest
;
■
stock:
'
13
18
CLOSED
19
15%
EXCHANGE
16
♦400
14
13%
13%
18%
18%
16
16
500
*385
;;i7%.
153/4
*385
500
•9%
10%
'15 %
15%
28%
29
7%
8
*15
;r
28
n
.
500
;
'
.
"l. 5,600
20%
3.900
m*'
V 18% V19%
/; 17%
173/4
Madison Square Garden new-No par
Magma Copper
>
10
4.500
Magnavox
*385
10%
93/4
.
12%
11%
11%
/
35%
35%Z 38
*109%
'110
110
29%
29%
4%/
3%
12%
.37%
■
39y2
109%
383/4
.38%
15%
17%
16%
17%
51
55
51%
54
55
57
56 y4
28%
29
283/4
29
30
29%
25%
26%
25
26%
27%
27
27
*200
50 y8
52%
50%
9%
*44
10%
%
47
®-«44v:>;
42%
46%
28
1053/4
*
*113
115
48%
28%
*200
47%
*113
28%
105 >/4
30%
*30%
26 %
28
24%
28%
28
28%
263/4
47%
46%'
47
48
50
49%
50%
:;43 ';.'.
433%
46%
*104
1053/8
/
110
*102%
45
"42%
44a/«
"*163% 110: :
23 Ve
23%
22%
223/4
24
23%
18 */8
20%
18%
*32
105%
25%
23%
24
24
19%
20
213/8
"
105
105
105 y2
105%
#104
107
47
48
45%
45%
48
48
23 y2
24%
22%
24
23%
24
24
22%
20%
213/4
21%
22%
21%
70
68
70
*67%
70
69J/4
23
21 %
22
213/a
223/4
22%
223/4
39%
39%
1
57
*100%
41
573/4
-39%
40
103
41
109
109
109
11%
11%
Xll
33
33%
32
40
"
40
62%
61
62%
*100%. 103
43
109
39%
*39
58%
103
43%
44
12
33
333/4
34%
41
383/4
148
*143%
150
41
38
39
40%
42
44
12%
10%
11%
11%
11%
11%
50%
10%
10%
107%
*100%
28%
30%
29%
8%
23%
47
9
.
22%
23%
47
481/2
22%
47%
50
49%
118%
120
*116%
68 y8
72
72
24%
23%
24%
48
48'/a
48
48%
14%
14%
133/4
14%
31%
31%
50%
73%
■k
50
1241/4
124y4
69
21%
71%
f
73%
50
72%
71%
.
$3.25
73%
72%
23%
22%
23%
5,900
55
51
51
200
42%
42 Va
42»/a
30O
55
*51
*71
Co
19%
19%
3,400
Motor Products Corp
22%
22%
4,100
Motor
37%
39
36%
38%
39
39%
38
38
40
40
1,200
Mueller
15%
16
14%
153/4
16 Va
1G %
16
16%
15%
16%
4,100
Mullins Mfg Co class B
104%
104%
104%
104%
104%
110
*109%
109%
109%
10%
11%
11%
110
12%
11%
*41%
43
*41%
44
*52%
56%
*54
56%
LOW AND
104%
16i/a
37
110
12
11%
*361/4
109%
109%
12%
55
*41%
43
*41%
*55
60
*54%
Sept. 24
Wednesday
Sept. 25
Thursday
Sept. 26
$ per share
f per share
t per share
8 per share
15
16
14%
15%
153/4
16%
27%
28%
27%
28%
28%
28%
Sept. 27
15%
16%
153/4
16%
29%
27%
273/4
28
29%
30%
293/4
30%
293/4
29%
19
18%
203/8
19%
20%
19%
193/4
10
11%
11%
12%
ll7/»
12%
11.%
12
9,200
17,600
16%
173/4
22%
27%
173/4
*23
18
27%
190
25
25
24%
24%
24%
24%
190
*180
190
*180
10%
11%
10 Va
ll'/a
10%
35%
34%
35%
35
37%
16%
17%
16%
17%
26
28
26%
27%
17%
18%
17
17%
37%
34
34 Va
28%
190
11%
11%
36%
11%
X36
36
363/4
17%
163/4
173/4
17
17%
28
28
27%
28%
17%
18%
17%
17%
36
37%
36%
36%
213/4
23
23%
24 /
23%
24%
X23%
23%
233/a
24%
24%
25
243/a
24%
'
33
103
29
/■
152
■
8%
3%
23 Z
23 5/a
44
8
44%.
-
2
2%
>
22%
-••"-43%
Z,:..
30»/a
191
*147
2
-•
8%
191
-
150
.
36 Va
37
21%
103%
29%
191
152
>
37
21
103%
29
31%
191
191
*148
35
193/4
j
39
22
z*
38
21
>21%
900
28,000
;
30
-30%
30%
-30%
193
195
195
*152
155
40
*8
2%
24%
43%
44%
2 /
2%
s%
8%
23%
44%
4,500
44
:
2
2%
77
78
79%
84
81%
83
82%
.82%
26%
273/4
26
27%
26
26%
27
27%
16
14%
15%
203/4
193/4
.93
95
943/4 >94%:
25
-27
20
Z
25
20
V
15
15%
10%
10%
10%
20%
20 y4
19%
20
*107
28
/*
109%
129%
:
*104
105 y2
112
♦no
31
15%
2>/a
*20%
21
*20 y4
-
983/4
*96%
26%
26%
16
16
163%
;
*96
19%
*107
29%
10a/4
10%
22
22
21%
22
*107% 107%
107
30%
30%
105%
1053/4
106
112 :
*110
22
*21%,
107
107
30%
1053/4
111
111
*108%
112
/
30%;
30%
32
33
33%
33
30
293,4
30%
30%
*109
-
31%
99
*96
99
*97
16%
10%
4,700
1,800
21%
1,200
30
1,900
29%
105
/
'
4,100
33%
32
99
420
50
112%
33
31
.
2,600
107
29%
105
?
33%
28 y*
*96
,5,800
20
20%
21
22%
/21%
21%
42%.
40
41
; 42
423/4
41%
42
42%
423/4
16%
143/4
16%
Z 15%
16%
16%
16%Z
16%
16%
70,800
28%
30%
26%
283%
31%
31%
31%
32
31%
323/4
80
87
79
86%
88
90
88%
893/4
88
91
see
page
1607.
»
21%
,■■■•;
99 ///
21%
Z
*
.4,100
3,400
-
3,600
-4
-10
No
par
190
24
63
Sep
N Y Chic & St. Louis Co_.
No
pat
.10
Sep 24
33% Sep 20
Sep
Feb
62
66% NOT
33
24
;;
100
No par
No par
100
.100
25
15
Sep 24
Sep 24
10% Sep
4
18% Sep 20.
19% Sep
23
Feb
8
106
28
104
Sep 23
Sep 19
110% May 28
30% Sep 19
33% Jun
:
.
207
37
Jan
13
tv
Jan
*101% Aug
;
24
Jan
54% Hot
26% Deo
Jun
108
37% Deo
177
Sep
199% Deo
Sep
167
hot
10% Aug 21
41s/* Feb /4
Z
> 21 Z>
Jan
35
Dec
72% May 17
/ 83
Jan
59
Dee
Apr
22% Aug
36
2% Sep
12
101% July 1
38
65
Apr 25
85% HOT
Dec
25
Jan
18
Jan
29
15 > Jan
26% July
24% Deo
32
107% Deo
,
33% Mar
2
102 % Not
42% May 10
10% Jan
29% Deo
Z; 24% May 27
15
Feb
2
10% Jan
14% HOT
106 V* Mar
32% Jan 30
•:
22
111% Jan 30
50
Apr 20
45
Jun 27
69V2 Jan
35% Jan
61% May
135
15% Mar
28% Deo
103
Feb
108% Mar
35
■
Deo
Oct
37
Deo
109
HOT
Hot
Sep 26
109% Aug 29
43% May 24
110V2 May 27
20% Sep 20
19
14
152
34% Apr
Sep 24
24% Jan
32% Deo
.19% Deo
38
HOT
Apr 10
109 y8 Jun
Sep
Jan..
July 29
Sep 27
79
13
9
40% Apr 17
99
26
12% Mar
67% Jan 29
Sep 23
Sep 11
14% Sep 24
Jan
14
27
39
13%
22
32% Aug
19' :173
1% Aug 27
Sep 19
25% Deo
58
JSoi
37% Deo
41% Dec
19% HOT
32% Deo
20% Jan
>108% Jan 24
Sep 23
8
Sep 11
*21% Sep 20
41% Sep 19
:
9 per share
*34% Deo
195
Deo
30
Deo
20% Dec
41% HOT
31% Apr
May 31
Aug 13
34% Jun
Z:
19% Sep 20
191
Jan
181% Oct
3
45 % Apr
Z
150 7-Sep
/
Highest
13% Jan
29
37
3
100
Deo
23% Mar
5
23
z
10
19
20% Sep 10
Jan
21% Deo
243/0 Aug 13
Sep
Sep
20%
■
29
45% Jan
;
21% Sep
21% Sep
102% Aug 16
15% Jan
35% Jan
9% Mar
213/4 Feb
26
30
t per share v
32% Apr 16
19
100
'
preferred series A
115
Year 1945
16 y4 Mar
205% Apr
27
Sep 10
40
New York Air Brake
Jan
Lowest
.34% Apr 17
37% May 1
193A Sep 24
91
Sep 20
New York Central
-
2
28% Jan
Z
10 Va
15
—10
Nat Vulcanized Fibre Co~*.
—1
Natorn as Co
No pat
Nehl Corp
No par,
Neisner Bros Inc new.——_—-1
Z
4% % conv serial preferred—100
Newberry Co (J J) common-Nopar
3%% preferred—
100
New Jersey Pr & Lt Co A% pfd_100
Newmont Mming Corp
10
Newport Industries
1
4%% preferred
100
Newport News Ship St Dry Dock—.1
2,400
15
footnotes
20%
41
For
22%
99
213/4
;
11
20% May 28
/
$2 conv preferred
22
10%
22
21%
104
104
Jun
34% Jan
z
W Vh% preferred ——
National Tea Co—
2,100
Sep 24
Sep 23
Sep 23
153/4 Sep 10
22
Sep 23
26 3/4 Sep 20
25% Sepr 10
13% Sep
9
800
28
16
103/4
20%
21%
20%
109%
28%
10%
.20
48% Nor
41% May 31
27
75
180
v
98% ,98%
*27%
'
20%
13,200
21%
21
21
34
100
15%
153%
99%
26%
31
,
27
2
153/4
*95
153%
16%
10%
16
^
25%
r
-
25%
,
;i5%
;
15%
.•«
.
16% Sep 20
preferred A
Jan
13
15
25% Jan 15
52% Jan 16
27
National Sugar Ref Co.——No par
Nationai Supply (The) Pa
10
5,800
1,900
"%14%
109% Jun
2
20
14% Sep 24
24
preferred
109% Not
Jan
70
National Power & Lt ex-distribution
National Steel Corp,
—25
59,100
80
28%
.8
.10
National Linen Service Corp new_.l
Nat Mall As St'l Cast Co
No par
Nationai Oil Products Co-—
4
4,600
43
,
24%
43%
•
76%
,
97 Ys Mar
6
8
$ per share
27% Sep
Oct
18% Deo
Range for PreTloaa
Zi
6% preferred B.
1,600
Z -.223/4
.
23%
28 y4
,
47% Deo
Jan
9%
Highest
—1
7%
300
155
8%
x23%
44
31% Jan
55% Feb
Sep 25
Nationai Container.
National Lead Co
7,400
191
;
23%
32%
Lowest
preferred..^..«MM.^..«. 100
& Share Corp
No par
'
*150
150
21% Jan
23% Mar
22
/
10
$4.50 conv
50
106 /
*104
r
Deo
16
May
114% Jan
20
55
Deo
64
May 31
49
27
19
61
27% Aug 24
10
Sep
Deo
Mar
24% Deo
333>4 Dec
109% Feb
11
10
10 %
Nat Dairy Products^——No par
.—5
National Dept Stores new.
Nat Distillers Products new—No par
Nat Enam Sc Stamning—.—No par
—I
National Gypsum Co
12,300
38
39
106
*103%
<
191
z.z*1
21%: V
20%
104,
303/4
9
National Cylinder Gis Co
87,700
22
Deo
Deo
Range Sine© January 1
National Can Corp
*:
4,800
23%
38
>76
21
3
663/4 May 29
22% Jun 13
Sep 18
,18
Register
•Nat City Lines Inc
3,600
21%
104%
47% Jan
30% Apr
36
-1
Nat Cash
4,400
18
23%
Z
Deo
34% Jan
42% Sep
Nat Bond
•
9,000
28%
•
24 Va
20%
Deo
30
24
.1
1%
•
8,300
3,500
22
35
52 y8
25% Jan
'
20
-ic
Aviation Corp
National Battery Co.
400
24%
24%
22%
*103%
10
.50
National Biscuit Co common
200
192
24%
12%
17%
35
100
National
.
16%
35%
36
45
»:
Sep
Nat Automotive Fibres Inc
600
13,500
273/4
•
Jan
Deo
16% Jun
Apr
8
23% July 15
104% May 29 «
793/4 Aug 23 Z
National Airlines
3,800
17%
23
27%
190
*233/4
11%
34%
17
23 1
27%
*223%
27:,/4
*180
*180
18%
23
17%
233/4
27%
Jun
70
27
13% Sep
36% Sep
108% Jun
...l
...8
Naah-Kelvinator Corp
Nashville Chatt & St. Louis— .100
National Acme Co
3,300
18
27%
49%
J per sharp
260
27
22%
16% Jan
23
10
EXCHANGE
30,900
*28%
12
18
Jan
52
5% Jan
Apr 22
57"% Aug 21
135% Jun 17
NEW YORK STOCK
'
20%
23%
...5
—
Shares
I per share
29%
27%
•
24
14% Sep
102% Sep
.No par
the Week
10
16%
—1
Deo
37
24
34
1
Co—
13% Deo
124
22% Jan
19
17
_.5
No par
Bale* for
Friday
18
27%
—
$7 preferred..
Munsingwear Inc
Murphy Co (G C) com
43A% preferred.
Murray Corp of America.
4% preferred
100
28
22
7% Mar
109% Jan
44
8TOCK8
Tuesday
Sept. 23
CLOSED
Brass
HIGH SALE PRICES
Monday
Sept. 21
STOCK
•
60
v
May 31
17% Jan 24 /
Z
10
20 3/8 Sep
No par
Wheel Corp
Myers <F JB) ft Brou.^-
220
9,500
43
Saturday
EXCHANGE
1
12%
11%
43i/a
55
*41%
2,500
2,300
'
37
110
36%
109 %
70
16%
15%
1
Z
Oct
1/
41
19%
16
68% Oct
5
56% Aug 9
19% May 28
129
Mar 25
53%
23
104%
42% Mar
68% Apr
1193/4 July
■
29
19
16%
26% Deo
15
22
37
Aug
Jan
22
15%
13
Jan
21%
37
75
263/e Mar 18
62
21%
63% Deo
Mar
160
Jan
Mar
56
Jio
Jun
Dec
63
19
21
14%
Jan
36
137
Feb
27
23
37%
35
Deo
14% NOT
9
93
•
42% Sep
17%
14
15
62% Jan '9
173
*July l v,
45% May
50% Sep
19
36%
56
111
10
19
42%
*103
Jan
37
/
43 y4 Sep
111% Sep
5
45% May
106% May
7% Jan
25% Aug
18
16
24
18
15%
18 3/4 Feb
33% Mar
21 y4 Sep
42%
37
k
65 % Sep
65% Sep
173/4
104%
113% Apr
•
/ 54% Jan
par
42%
14%
29% NOT
87% NOT
f
9
..10
17
36%
14% Mar
Deo
8
29% Sep
Receipts
*41
*103
25
52% Apr
2
77
May 15
110% July 19
6:1% Jun
3
4 ;
12
Feb
Deo
27
30% Deo
12% Mar
13%.Sep
A—No par
Moore-McCormack Lines Inc
203/4
I per share
new—
series
19
42%
X45
109 y* Not
13% Jan
17 Vo Jan
32% July
Z
,
19
19% Sep
41% Dec
$2,50 cum pfdjii.«,.«,^..-w-. ..50
Morrell (John) & Co.
No par
100
23
Chemical
preferred
'Montgomery: War<i
33.000
73%
23%
*52
51%
Monsanto
900
72-%
i— .100,
preferred series A
Apr
Sep
104
26%Sep
3
35% Jun 10
7% Sep 24
—
10,100
22%
No par
..20
Mohawk Carpet Mills
1.25
Mojud Hosiery Co Inc new.
Monarch Mach Tool...
—No par
1,500
*71%
22%
51%
21,700
125
48%
125
w
*
*68
7%
.1,000
48%
123
Mo-Kan-Texas RR
24
10v., 105% Jun 10
Sep
70% Deo
10
Jun
56% Aug
19
9% Sep 19
Sep 19
28
Corp
36
Jan
107% Aug 26
100
.10
Mission
3,900
32
*30i/2
/
Deo
19% Jan
52
30% Apr 22
40% Apr 30
$6.50 preferre<!L.......w^ro par
22%
NOT
48
Sep
9
105% Sep 26
par
1
Minn Moline Power Impl
10,000
28,600
14%
42%
11
32% Deo
43
Z
Sep 24
10% Sep 19
.100
65% Deo
30% Jan
/
38 '
...3
107%
8%
31
53%
*100%
Minn-Honeywell Regulator
2,400
Oct
Sep
19% Jan
48% Apr 22
69
Jan 10
36
Sep
4
145% Sep 19
£
55
27% Jan
36
'Sep 24
Sep 26
10% Sep / 4
31% Feb 26
No par
16% Deo
114
23
,
40
Steel Products...
Jan
Aug
Apr
24
10
Sep
May 27
107
3.20% conv pfd series A
Minn Min & Mfg..
No
4*0
49%
10%
11
107%
2,900
107
8
14%
*41
53%
83/s
30%
*50%
543/4
49
4,800
8
14%
23
107
48aA
900
8%
30%
69
54%
Machine Co
8% cum 1st preferred
100
Minneapolis & St Louis Ry—No par
Minn St P & S3 M A vtc—No par
20
.
12%
11%
105%
700
„
413/4
7%
29%
71%
11%
„
155
1
pfd.u«^--*-i-.2V0par ;
22% Sep
20
Sep
Z€2Z Sep
■21% Sep:
>■36% Sep1
54
Sep
100
Sep
8
4,500
14%
21%
*41
33%
45
68 y2
41
*39%
*150
Inc
*
Midland
4,900
33
15
*68
35
331/4
30%.,.
50%
Mesta
Co
cum
;
23
Sep 10
Sep 19
Sep 19
Metropolitan Edison 3.90% pfcL.100
Miami Copper
_B
Mid-Continent Petroleum
10
270
3,300
34%
&
$3.50
•
2,900
32
47%
119
43%
108
12%
44
10%
Merck
100
11%
42%
*100%
/Mercantile Stores Co Ltd—.No par z
Merch & Mm Trans Co
No par
3,300
103
43%
*107
800
,
61%
60%
45
..
110
41
103
Mengel. Co .-(Thft)-... —T,T.r..T..-.iz
8% copv 1st preferred
SO s
330
10,400
40%
40%
54%
11
30%
48%
23
*101%
preferred
100
2nd preferredL..^.-^...^,50
^Melville Shoe Corp new^.^.^.^,.1
9,600
.
31%
14%
119
69%
>
8%
40% Jan
May
53% Deo
109% Nov
71
Sep 20
18 y4
•/
4%%
4%
34% July
104%
5
Sep. 9
: 56 % Jun
3
'103 : 'Sep-' 12 z- 108 y» Mar 21
22
35% Apr
Sep
9
4,
.10
Not
33% Dec
43
223/a Sep
No par
3,900
22%
45%
107%
Mfg. Co.
I/
47
20 %
7%
19%
7%
30
:
1
48
195
122
Apr
9
46% May 29
;
.
;
Oct
46% Deo
24% Jun
63% Deo
Jan
27%
May 31
Mar 6
118
23% Sep 20
44
Sep 19
.
par
...
1,100
24
149
■"
/
8
/Mead Corp
120
105
46%
105%
•
45
,21%
McQuay-Norris
••
Jun
Mar
42% Deo
111
22% Aug
176% Jan
May 10
55
18
30
18
McLellan Stores Co..
1,300
7,400
Jun
40
Apr 18
17
19
Jan
9% Mar
112% May 13
42
Sep 19
hz: 25% Sep 10
104% Sep 26
.1
No
3,600
■
100 :
$4 preferred
/ 100
24%;
35
*40
53%
107%
45
10
105
29%
52
44%
*100
10%
10
*100
41%
106
44
44
150
52
108%
109
43 %
*40%
109
50
52%
109
39%
148
McKesson & Rabbins Inc
12%
11
39%
6,500
22%
44%
149
*38
46%
69%
108
12%
343/4
*143
.No par
Mclntyre porcupine Mines
22 Va
62
107
11%
McGraw-Hill Pub Co.,
4,300
23%
.
103%
44
109
109
11%
1,900
50%
46 3/4
40
:
*1013/8
263/4
.
24
*103%
48
62
103
;
preferred
conv.
v
69%
21%
McGraw Elec Co.
24 %
20%
22%
70
l
1,100
23%
■
24
20%
*45 y4
McCrory Stores Corp
110
*104
20%
21%
105 Zt 105
.
McCall Corp...
3,700
111
1,040
463/a
23%
23%
25%
No par
5
70
Sep 23
9% Sep 19
45% Sep
18 V*
Sep
21% Jan
>
48% May 28
38% May 29
204
Sep 18
104
Apr
109
30% Jun
4
No par
No par
..No par
7% Deo
11% Dec
18% Jan
15%
2
75
Jan
7% Mar
3%
4.
45% Feb
8
50 v Sep
8
Jan
28
57% Apr 24.
20
195
Jan
112 J/a Mar 25
23
24% Sep
33
50%
105%
23%
*233/4
23%
..
3,300
283/4
263/4
>46%
46
49%
8
9
28% Sep
par t
100
-
■
3%%
Sep
1
preferred
May Department Stores
/•/ $3.75
preferred,
Maytag Co
$3 preferred....
z
$6 1st cum preferred
'
Sep 10
Sep 11
Sep
4
Sep 24
48
;
;;
par
-No
106
33
,
200
,
115
28
34%
3,100
48 vv
105%
■27%
47
.
6,600
340
.
103/4
49%
•49%
28%
104%
Z
52%
105
103/4
.
31%
30%
*
51
*46%
105% 106
30%
33 *
106
No
Co
7%
204
104J/2
115
Corp
Master Elec
48
*113
Masonite
MathleSOn Alkali Wks
10%
*45%
28
27%
105
46
1,800
1,800
39% Dec
20% Jan 23
56%
5,200
Jan
19*
6,000
27'A
24
11% Feb
17%
26%
46% May 31
19
20
/i. 29%:, X 29%.
32% Deo
13
19
Sep
Oct
15% NOT
Jan
Sep
9,200
14,300
39
7% May
25% Dec
625
14
7% Sep
38%
>
y4'
105
10%
Z
111%
109 y2
v
52% ;
51
*104
>
10%
46%
45
26%
29%
*105
45%
115
52%
105%
>10%
46
*113
115
*113
10%
*44 y4
;
105
105%
10
.
204
5iy8
51
1C4
105%
104
♦200
■
Z
Jun
8
3% Sep
8
Mar
26% Jan 14
26
Market St Ry 6% prior pfd_
100
> 11%
Marshall Field & Co..
No par ;z
35 v
4%% preferred
xl09
100
Martin (Glenn L) Co,
31
;—.
1 ;
Martin-Parry Corp——
No par
15%
1,160
16% Apr
23
17
425
Aug 15
28
V
i I
.
526
Sep
563/8
204
26'A
* 204
♦200
204
*200
*28%
■
9% Sep
5
,
Exploration^.
Corp
30% May 28
17% Sep, 27
I per chare
17% July 11
20
x5
par
Midland
18
17
17%/
56%
29%
17%
Maracaibo Otl
Marine
j,
No
r_
Manhattan Shirt
2,600
15,800
13%
38%
*
17 y4
>
8
50
..
Sep
iey4 Sep
143/4 Sep 19
520
Jun 10
l
38
39 %
111%
38%
383/4
16
37.
Bros
12 %
l
_,
Sugar Co
Mandel
,1.500
4%
13
13
35
-
Manatl
600
29
3%
7%
*109%
;
109%
37%
110
12 V*
(The)..
Manoning Coal RR Co
16%
28%
8
Co
4,300
16%
4
7%'
.
-
\ 9%.: 10
37%
36
500
/
'
12/
12
37%
v
16%
8
3%
'7%
7%
*385
10
"
"
.500
14%'
15
15%
30 ;
28%
*
3%
14%
13%
■
19,
163/4
9%
*15%
S%
9%
,
"
>
16%
■.
14%
19%
-Z 15
14
19
5
18
16
29
Jun 10
106
105% Jan
32
Aug
18% Jan
Xl6% Aug
45
Mar
110
47% Dec
88% Deo
27% Dec
58% Oct
21% Jan
35% Dee
32
75% Jun
Jan
103% Jan
148
JUS
Monday, September 30, 1946
THE COMMERCIAL & FINANCIAL CHRONICLE
NEW YORK STOCK
RECORD
Tuesday
Monday
Sept. 21
STOCK
*23%
16%
103%
*51
59
*240
275
..
24 %
127 %
*126
25%
23%
12%
11%
12%
114%
17%
230
227
26%
12%
114%
33%
33
'
227% 231
125 7 125
18%
'
13 Vz
12%
14%
13%
;73477; 34
106%
1105%
106% 107
%
18%
59
275
*55%
*240
115
115
'
*48%
3
41
Mar
N Y ft Harlem RE Oo—.JW
275
Jun
28
325
Feb
19
162
Mar
105% Sep 24
320
107
Power & Light 3.90%
N
Sl.tpbldg Corp part stk
13%
14%
232
127%
*126
*126
26 Ye
12%
116%
20%
pfd—100
1
Industries
Western
&
Adjust 4%
American
North
12%
100
104%
29%
30
Northwest
49
12
18
47
47%
Northwestern
12
12
Norwalk Tire & Rubber
17
17%
Norwich Pharmacol Co
32%
Ohio Edison Co
47%
12
17%
31%
23%
103
21
22%
115
30
115%
28%
*160%
158
12%
30
29%
163%
8%
Otis
162
Elevator
6%
26%
♦82
90
*82
90
Outlet
73%
Owens-Illlnols
73
26%
26%
100
Glass
*25
27
40%
X40%
41%
Pacific
Gas
55%'
56%
60%
Pacific
31%
33%
33%
34%
132
132
171
172
172
6
6
6%
23
23%
20%
21%
6%
7%
6%
6%
34%
•14'/a;
15%
14%
14%
44%
43%
*104
44%
43%
106
108%
6
113
*108
Parafflne
4%
113
31%
&
Park
Utah
Parke
•28'/a
28%
*28%
28%
14
Parmelee Transportation
13%
14%
15%
16'/a
Patino
16%
Tllford
Mines
&
Ford
65%
65 %
66
Penlck &
45%
47
22%
24%
8%
8%
20%
19
31%
*30
20%
*111%
21'/a
25%
28%
41
93%
18%
22%
27%
49
93
21%
41%
48%
18%
24%
18%
106
"75
40%
*29
>106%
9
*28%
108%
106%
9%
*9%
*
rhare
STOCK
'
SALE
Friday
Sales for
Sept. 26
Sept. 27
the Week
I per share
f per share
I per share
I per share
13%
13%
.
13%
58 %
61
58 %
33%
31%
13%
66 %
* 103 Va 110
29
*119 %
*65
13%
62 %
64%
63
32%
34
33
.
66%
66 %
109% 110
25 y4
29
13%
62 y4
34%
66%
■
24%
.
29%
120
67
,
103% 109%
,
25%
13%
61
34
33%
60
31%
29
25
110
25 >/2
*29
*119% 120
25%
30 Vs
*119%
66%
13%
12%
13%
13
13%
12%
13%
23%
24%
99%
22%
23%
23%
24%
23%
110
*98
98%
99
98
98
99
5
14 % Sep
7 33%
35%
X33%
25%
*29
23%
107*78
*107%
107%
107%
*101
105
•101
105
*101
105
*120
128%
*120
21%,
128%
*120
21 y2
;
55%
54%
:
*18%
22%
55
20%
30
*103
31
105
*121
7%
18%
17%
9
18
35
8
*80
107%
59%
11%
*80
62%
*77%
87»
.
78%
13 Vz
M
.
,14%
*15
.
17
16
20 %
21 %
22%
15
>i,
8%
34%
X8%
:
12%
11%
*80
page
1607.
Corp————,———.
3
12
Sep
10
22% Sep
24
98
Sep 25
Pillsbury Mills
Xnc_JL~i™95
29Ve Sep 20
106
preferred
No par
102% Sep 25
35%
22%
57
$4
Pitts
C C
Pitts
.77
Coke
&
Louis
St
100
RR
Chemical Co__No
37
8%
12%
35
8%
11%
15%
7%
Pitts
37
8%
*64
78
78
15%
15%
15%
107%
16%:
21%
17%
"
*16%
21%
Glass
No par
preferred
5%
preferred
77 5% *
1st ser
conv
;
:•
Pitts Young &
17%
18
Plttstnn
Co.
Ash pfd
-1
fThe)
16%
17%
15%
16%
*43%
44%
4%%
57%
Procter
40%
Publicker: Industries,
57
38Vo
30K
39
100% 100 y4
100
Poor
A
Pressed
Co
100
35 y2
$4.75
ser
19
134
Feb
27
Sep 10
Mar
8
7% Sep 24
93
Sep 20
18% Sep
10
17
Sep 20
197
July 11
Jan 14
203
30
Sep
10
4
Sep 24
7% Sep
10
107
Sep
10
59% Sep 24
78
Sep 12
13
Sep 23
*11
1
No par
Inc
preferred
Public Service Co of Colorado
15
10
14% Sep 23
Sep
13% Sep 24
41% Sep 24
55% Sep 18
5
36
Sep 19
No par
100
Sep 26
20
31
Sep 10
Jun
Nov
116%
Jun
41%
Dec
108
16% Feb
6
7May 9
May 23
76% Jan 22
117% Jan 18
30% May 1
34
July 10
122
May 16
19 y8 Feb
5
47
Jan 17
102
Sep 13
71
Jan 28
112
Jun 10
106% Aug 27
36
Jan
8
130
July 16
73y4Jan 11
80
X48
Jan 11
35% Jan 15
110
Feb
7
136
May 3
15% Feb
8
106 * Feb 16
26% May 8
30
Feb
8
202
May 15
210"
Mar 29
48% Jan
Jan
22 % Feb
141
Feb
96% Jun
92
May
34% Jan
14
Dee
Range for Previous ;
Year 1945
Highest
Lowest
9 per share
41
Mar
13
9%
15% Nov
36% Deo
40 y4 Deo
Jan
19% Aug
25
1
57
Jan
71%
Jan
106%
Jan
25
Jan
117
Aug
122
Apr
19% NOV
44% Deo
12% Aug
31% Mar
74
113
56% July
107%
Sep
Sep
Apr
34% Dec
14% Jan
111
Deo
Oct
29% Nov
29% Nov
115
Jan
21 y8
124
Mar
Dec
59% Deo
44% Jan
11
Jan
35
Deo
25
Jan
37% Nov
105
Sep
108% Feb
126
Sep
118% Aug
11% Dec
Dec
23% Nov
8% Mar
85%
106
Jan
20%
Dec
15% Jan
25% Dec
Tan
305% July
100
15
30
16
39%
27
14
99
28
18
68
31% Jun 14
22
July 1
29% Aug 12
27% Feb
7
22% Sep
9
30
Feb 16
63% Feb 18
71% Apr 27
67
May 14
105 y2 May 22
41
July I
I per share
# per share
Dec
;
6% Jan
■
8%
Jan
Mar
49% Mar
Feb
21
Jan
198
15% Sep
19
50
A
Gamble
cum.
49
19
No par
class B
Steel Car Co Inc
&
21% Sep 24
120% Sep 11
14% Sep
'
57
7
Aug 27
20 y4 Sep
new—_—1
Pocaontas
preferred
102
8
Oil Co
Pond
Creek
33% Sep 20
105 y4 Feb
A
Plough Inc new
Plymouth
56%
:
pr
Pittsburgh & West Va
22y8
16%
No par
100
100
pfd
100
100
100
class B
class A
21%
44
10
Co
'22
22%"
16%
preferred
Plate
7%
*188
1
100
100
Ft Wayne & Chic Ry
Pittsburgh Steel Co
65
77%
par
—No par
Consolidation Coal Co
1
Pitts Screw & Bolt
12
*80
64%
15 y4
78
Pitts
—
107 Vb
&
v S5 conv preferred
,
209
64%
.
34%
fee
99%
*76 y2
f>/i%
15%
39
27% Feb 25
117% July 29
Pittsburgh Forgings Co
44
101
16
9
24
.—No par
20
17%
16%
2
preferred
—700
Phila & Read Coal & Iron-—1
$1 preference com
128%
56%
*206%
16%
36
—
4.4%
Philco
*22
*185
42%
101
24% Sep
preferred—
24
*120
7
*206% 209
13%
\
600
105
*185
41%
56% -57%
11,600
*101
18%
;
17%
*22%
15%
64
Sep
108% Sep
$6
Pitts
15%
.
50
...—....No par
.
Philadelphia Co 6% preferred
19%
21
,
22%
19
19%
*188
-
5
29% Sep
19%
107%
\
*76%
.
.,16%
P3
80
30 VB
share
Phila Electric Co. com—No par
230
26 Vt
f per
NOV
43%
Highest
13
Apr
35% Jan
8%
36
38%
Sep 19
Lowest
NOV
119%
3
—2!l
94%
18
35%
.
8>/4
11%
43%
18
9
Dec
06% Nov
Range Since January 1
—
8%
7.7
28% Sep
NOV
46
25
105% Sep
Deo
Nov
49
Sep 24
Sep
Apr
46%
2
80
Dec
24%
20
102
Dec
30%
16% Sep 20
21% Sep 19
17% Sep 20
Brewing Co
No par
Pfizer (Chas) & Co Inc_—
1
94%
*185:
10
100
Jan
Jun
113
27
Feb
43
89% Feb
Dec
17%
33%
24
X40
Iftft
94%
19%
Sep
Mayi
47%
19
25
Pfelffer
108
*18%
*206% 209
*188
57%
102%
*206% 209
footnotes
20 Vo Sep
>100
33
34%
23%
128%
20%
*185
33 y4
65 y2
111%
108
*121
9
*93
.
19%
17%:
56%
32
102%
8%
94
*21%
*120
105
*121
__
*93
22%
57
*18%
31%
*101
128%
56
72
12
20%
107%
34
Jan
Dec
24% Mar
28% Feb 25
110
Deo
17%
17% Sep 20
7
Deo
30
20
3%% pfd series A
—
—100
Philip Morris & Co Ltd---——.6
4% preferred
100
3.60% series preferred—,-100
Phillips Jones Corp
No par
1% preferred
100
Phillips Petroleum
No par
Phoenix Hosiery
8
99%
34%
*107%
v
5%
39% Nov
24
7% Sep
*104
36
107
7'54%
19% Sep
No par
Co
July
73% Deo
24
STOCK
Corp
110
64% Sep 12
Phelps-Dodge
1,100
Oct
106%
11
45% Sep
par
20,400
Dec
19
EXCHANGE
6,200
33%
Deo
10
53
Sep 10
3% Sep 19
12% Sep
r
YORK
14%
x80%
28% Sep
33
34%
35
13%
NEW
♦119% 121
13%
13%
24 y4
100
*106%
For
108% Jan
Oct
111
Jan
4% Mar
56
10
10
3
Shares
63%
%
X65V2
25%
12%
.
♦13%
110
*29
3oy2
*119% 120
120
Sep
STOCKS
Thursday
25
77;7::7'
97/a
PRICES
23
56
33 %c
.
Deo
x39% Nov
Apr
Sep
24
Co
.
106%
5% Sep
Jan
29%
25
35% Jan
..
preferred
3
Sep
37% Jan
106
,
Wednesday
Sept. 25
13%
.
B9>
Aug
Dec
Dec
PetMilkeo--*.^-.-^:i-N0 par
4Ve% 2nd preferred
T.1QQ
Petroleum Corp of America
8
30
106%
Sept. U
65 %
'
HIGH
w
Tuesday
* per share
.CLOSED
.7.
AND
80
Sept. 23
EXCHANGE
,
'102
Jun
10
32%
Jan
Dec
Pere Marquette Ry Co-T-n.--——100
i
5% prior-preferred
inn
80H
175
Jan
Mar
6
20
20
102
Oct
149% Dec
12
24%
82
Nov
29
27% Sep
Co
Ry
Deo
46
5% Jan
&
Eastern
Pepsi-Cola
42
X60%
13%
20
<
Deo
89% Nov
16% Mar
Peoria
&
22 Ye
23% Nov
4
19
24%
M«nd»v.
Sept. 21
I per
93
*16%
LOW
Saturday
41
50
Deo
9
Light Co
No par
Pennsylvania • RR—.50
Pennsylvania Sait Mfg Co
10
Peoples Drug Stores Inc
8
Peoples G L & Coke (Chic)
100
28%
79%
24
No par
Sand Corp
Power
Jan
6% Sep
No par
preferred
Penn
21%
Deo
68
14 ya Sep
2.50
...
Cement
Glass
5%
112
93
30
,
Penn-Dlxie
Penn
*48
20
'102
19%
34
95
13% Sep
No par
Penn-Central Airlines Corp—
1
Penn Coal & Coke Corp
10
114
Jan
16%
Penney (J C) Co_
20%
47%
23%
18%
74
160%
par
No
Enterprises
65%
31%
32% NOV
23
Mines___i
Co
45%
114
Jan
Sep 20
par
Inc
Consolidated
Davis &
Dec
22 y«
Sep
1
Parker Rust Proof Co
14
Deo
168
Jan
155
5% Sep
3
20'/a Sep 24
1
Park
3%
40%
13%
NOV
36%
9
Sep
100
61%
:!
Deo
34%
130
1
No
3%
61%
4
Xll8%
Jan
Jan
vat
& Ref.
39%
61%
Jan
13%
23%
107
169
100
.29%
3%
Dec
18%
121% Jan
Pipe Line—No par
Inc
Nov
119
2%
8
No
39»/4
59%
Sep
30
10
preferred
conv
39% Feb
2
180 % May 7
35
Jun 17
111% May 29
100
Apr
5
Dec
34%
Jan
Jan
11 Ye
39% Sep
1
-
Paramount Pictures Inc new
32
17% Jan 18
Feb 11
51% May 22
120
24%
106% Jan
100
Prod.
Cos
14
Jan
16y8 Aug
100
Teleg
East
Panhandle
*108
32
31%
6%
at 19% Jan
107%
Sep 20
11
54% Sep 24
preferred
66
19
26
par
No par
Panhandle
65
63%
6%
Jan
29% July 1
22% Jun 14
36
Jun 3
12
No par
Motor Car
6 %
6%
62
5%
35% Sep 13
112
27
preferred
4%
19% May 15
25
May 23
10
Sep
17% Sep
50
25
45
107
107
12
f
,
Pan American Airways Corp
Pan-Amer Petrol & Transp
16
44%
106
*71
Sep 27
Sep 20
No
15
15%
*14
89
_
Lighting Corp
Packard
15%
par
10
Pacific Tin Congol'd Corp
Pacific Western Oil Corp
7
16
K-/4
10
Electric
Pacific Telep &
131
5%
24
Sep
No par
Pacific Mills
169
Sep
22
Co
&
55%;
130
158
12.80
Co
preferred non-cum
2nd preferred non-cum
26%
>■
26% Sep 23
2.50
1st
40
19
11
Sep
No par
Paciflo Amer Fisheries Tna
*24%
11% Sep
Xll3
27% Feb 26
No
Coast
10
10
Co
Pacific
26
19% Feb 26
21
Sep 25
21
Sep
3
1C0% Sep
100
Marine & Mfg—i
*25
7
100
preferred
Outboard
26%
3
Sep
3
27
31% Sep 24
__6
com
*25
3
55 % Jan
Sep
Sep
,
108% Jun
—No par
Collins
56% Jan
1
17
100
(Ths)
U
preferred A
conv
104% Sep 27
24
Apr
11
—8
convertible preferred
Oppenheim
r
30
162
102% Sep 24
2.09
Omnibus Corp
12%
33
Nov
NOV
Dec
Dec
112
Dec
38% Dec
Jan
9%
17% Jan
45
Oliver Corp.
115% 115%
*31
33
258%
126%
31 %
15%
105% Jan
No par
.
Jan
May 22
Dec
2*% Mar
50% Oct
Jan
Jan 11
Oct
110
118
Aug
19% Jan
36
Jan
26
preferred
4%%
37%
219
NOV
65
410
|
14% auk
117
50
Ohio Oil CO—;—-—put
Oklahoma Gas & Eec 4% pfd
20
102%
39% Apr 20
16% Feb 16
Sep
3
por
.jvo
Telegraph
22%
22
Aug 15
129
102%
16% Sep 24
Jfo par
Airlines
22
101%
12%
*30
27%
23
11
113% Mar 18
28% Feb 18
53
Jan 19
288% Apr
5
v
(Minn)
pfd $3.60 series-
4.40%
110
22%
*21%
23
103
12%
12
114
*108%
110
22%
22
103
32%
32%
*108%
24
111
50
100
Co
11
10% Sep
1
Ry Co
Jan
23% Sep
10
Northern Pacific Ry
Northern States Power
Cum
121
Aviation
Northern Central
*114% 115
«
24
33 k Sep 19
225% Sep 20
8
pfd
non-cum
103%
18%
12% Sep
100
Ry
North American Co
27 %
12
12%
*114%
Norfolk
127%
26%
26%
Y
Noblitt-Sparks
36
230
36
sin par
No par
$5 non-cura preferred
14
*35
231%
39% Not
29
Not
Jan
May
107
21%
158
17
76
*275
X21
26 %
37% Feb 16
41% May 28
17
108%
22
11%
27
Sep
320
14%
28% Jan
26
55
*250
•34%
9 per share
share
24% Feb
59
229%
I per share
9 per
13% Sep
view York Dock——.
27
*52
*21%
29%
Corp—par
Highest
Lowest
N Y
100
*23
59
22%
113
N Y City Omnlbua
3,800
* 26%
*107
110
101%
19%
S.per there
*23
31%
31%
21%
19%
19%
Year 1945
Bangs Sines Janaary J
lowest
Highest
Shares
29%
29%
.18
*107
I per there
103% 103%
11%
18
Sept. £7
;
20 %
49
11%
Sure tot Prevtonu
STOCK
EXCHANGE
19%
29 %
26
the Week
*51
*5?
59
*250
275
107v
107
13%
14
34
34
231
236
126
126
25%
26%
12%
12%
115
115
17%
19%
102%
CLOSED
.
19%
20%
26%
19%
26%
21%
32
*23
32
$ per there
there
20%
21%
21%
EXCHANGE
9 per
share
• per
9 per share
Sept. 26
S per share
NEW YORK
Sales fsr
Friday
Thursday
:
Sept. £5
Sept. 24
Sept. 23
'
F&iCfcU
Wednesday
MLfc
UiUtt
AM>
:i'
*
HTftrK ft
LOW
Jun
12% Jan.
44 y4
Deo
12% Dec
15% Dec
117%
Oct
69% Jun
91 - Jun
43% Jun
198
Jun
22
Dee
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4529
Volume 164
NEW YORK STOCK RECORD
Saturday
Monday
-
•'
Sept. 21
f per thorp
:
i ver thare
;,
i.
Thursday
Sept. 25
0 per thare
Sept. 24
/, .Sept. 23
/.y t per share
i
8TOCKS
HIGH 8ALB PRICES
Tuesday • '
Wednesday
AND
LOW
197B
20%
f
oer
20
20%
Salea for
Friday
Sept. 26
thare
•;
20%
21
105%
19%
104
105
104'/a
105%
104%
105%
104%
105'/a
108%
108%
108%
108%
108
109
108%
110
109%
111
116% 117
116"
116
Vl116-7C, 117
115%
117
114%
124% 127
114
114
125%
125%
125
126
126
127%
18%
113
126'/a
125'/a
114
•112%
113
v
■■
*112%
,
49%
52
49%
51
50 Ya
22%
20%
22%
23
23%
*106
*104%
110
32%
31%
32%
*104%
108
Pub Serv Corp of N J com—No par
790
/
7%
20
24
307b Jun
10
Sep
10
115% Jan
10
102%
Feb
115%
Dec
108
Sep
25
126
2
106%
Jan
126
Dec
114% Aug
9
139% May 10
110
Jan
138
Nov
119% Jun
20
150
El 6i uas
No par
112% July
pfd $5
52%
53%
11,700
Pullman Ino
23%
19,900
Pure Oil
33
47% Sep
No par
*105%
33%
108
32%
F
(The>
,V
33 ;
1,800
22
600
30
ai
Quaker State Oil Itef Corp.
;
Jan
27% Nov
17
121%
Jan
15
112%
Oct
69% Jan
15
47%
Jan
85%
17
Jan
24%
Dec
106
May
112%
Nov
28% May 28
115% Jun 13
Mar 19
Sep
17
Jan
10
26
108
conv. preferred
;
100
Purity Bakeries Corp—..—No par
5%
Jan
117% Feb
25
19% Feb
No par
23
109
I perthart
103
preferred
Pub Ser
18% Sep
Highest
0 ver share
100
—100
100
preferred-—-
8%
j;' 1,010
114
0 per thare
Lowest
No par
$5 preferred
6% preferred
23'/a
*105%
32%
*21%
*112%
1,260
•1,250
\„/7.
;
Highest
f per share
53%
22%
107
32%
31%
-
114
52%
21%
,
Lowest
19,000
116
19%
Range for Previous
Year 1945
Range Slnee January 1
Per
20 y8
104%
CLOSED
STOCK
YORK
EXCHANGE
'8hares
0 per thare
EXCHANGE
STOCK
NEW
the Week
Sept. 27
38% Feb
20
19% Feb 20
4
23%
Jan
*148% Nov
118
/
Jan
Oct
Nov
15% Jan
22%
Deo
10% Jan
19%
Dec
78%
Jan
90%
Oct
7% Mar
25% Aug 13
3$
18%
Deo
R
10
10%
10
10%
10%
10%
10%
10%
10%
107/8
78
79
77
77%
77%
79%
77%
78 %
*77%
78 %
1,400
16%
17%
17%
17%
17%
17%
17%
177/8
44,000
18%
16%
*105
•105
107
36
36
17%
20%
35%
33%
37%
37%
36%
18%
18%
19%
19
34%
34%
35%
18
17
*43%
*100 %
104
86
*80
X30
31
30
30%
15%
16%
15%
16%
87
87
87
87
37%
36
84
23%
24%
12%
14%
12%
35 Va
33%
34
500
19%
18%
20
6,400
46
46
300
37
37%
37%
500
20
20
20
104
1,500
84%
31%
16%
30%
31%
1,800
15%
16 Ye
6,600
90
87%
; 15%
90
37%
37%
13%
22%
23%
50
88
90
39
*101
"/< 13%
V
84
37%
102
*101
23%
*81
10,700
15%
2,500
24
*23
Purina
3%%
Co
Sep
24
3
28 7a Apr
24
Sep
20
112 7* Feb
11
preferred
$2
33% Sep
11
17% Sep
19
33
May 14
33% Sep 23
39
Apr
9
33% Feb
4
107
No par
1
25
Raybestos Manhattan
Inc
Rayonler
,16% Sep 19
40
Sep 10
x36% Sep 17
17 7b Sep 24
Hosiery., ———5
Real Silk
8%
9
8%
8%
14%
15
14%
15%
25%
28%
25
27%
*110
111%
110
110
21%
18%
101
28%
24%
28 7*
: 97
-V
48%
48%
46% Jan
37%
37%
38%
48%
23
24 %
14%
14%
14%
14%
30
28
28
*28
7%
7
19%
43
43%
.i'j-
44
24
24%
V"
23
38%
10,000
,
110
3,800
9,900
49
103
800
45 7* Apr
22
14% Sep
20
86
19
100
1
Sep
Sep
101
50% Jun
3
Republic Aviation Corp——I
Republic Pictures
50o
24% Apr
8
8% Sep
19
17% Feb
25
preferred-—u.10
14% Sep
20
21% Feb 21
40% Feb 16
$1 conv
12
Sep
97
Sep
24% Sep
11
Jan
16
98
Jan
117%
24
28% Feb
16
14%
Jan
23%
11
46% Jun
6
31%
Jan
40
Feb
18
50% July 31
101% Sep
20
Dec
43
37% Mar
Dec
108% Feb
25
99% Sep
Jun
10
,
Oct
4 46%
Nov
16% Mar
38
106
Dec
21% Sep
9
26%
Dec
14
Feb
20
20% May 28
10 7*
Jan
■:?. 18%
Nov
26
Feb
26
44
16%
Jan
31
Apr 29
10
65
May 29
4 33
Mar
48
Oct
34%
Jan
9
21
Sep
34
Dec
Ruppert,
6% Sep 24
«
Friday
Sept.27
4'
H
Bales for
the Week
V.,
'
23
5
Jacob
Sep 24
5
Dec
40% Sep
1,400
50%
136
Oct
13% Feb
30% Jun
3,500
48
Dec
10
44 y2
9 per thare
Nov
37
19% Sep
24%
9 per share
110
Jan
Typewriter————I
44 %
9 per share
Jan
15%
Roan
24 Vb
9 per share
87%
■
Nov
24%
Sep
15
Dec
Jan
Royal
45%
Sept. 24
15
33%
115
Jan
11%
3,000
24
Thursday
Sept. 26
19% Jan
102%
7,600
45
Wednesday
Sept. 25
'
36% Sep
No par
No par
Antelcpe Copper Mines
23%
^.Voesday .■'
18% Dee
•
1
Co
Mfg
45% Jan
Deo
29
Apr 20
31% May 28
3
110% Jan
11
105% Sep
July 19
118
19
25
Company
23%
,
9ver share
I per share
Sep
18
Ruberold Co 'The)—.———No par
Sept. 23
Sept. 21.
24
110
& Brass
No par
57*% preferred
100
Reynolds Metals Co
No par
57*% conv preferred
100
Reynolds Spring
1
Reynolds (R J) Tob class B
10
Common *.——10'
Preferred 3.60% series
100
LOW AND HIGH BALE PRICES
Monday
Saturday
Sep
100
Richfield Oil Corp
20
19%
25
Revere Copper
Ritter
9
No par
Republic Steel Corp
,
6 % conv prior pfd ser A
Rheem
7%
7%
7%
20%
Deo
102% AUg
12% Sep
Motors, Inc————1
6,100
100
Deo
36 %
3
105 % Apr
27
34%
4,700
30
Deo
31%
May 18
20% Sep 20
15%
15
*29
Jun
,
27% May 11
32% Mar 13
101
29
Preferred with warrants
Reo
25%
*24%
143
7
44
;
,
16%
102%
14%
20
27%
110
40
30
6%
20
110
•47%
25%
14 Va
*29
98%
37%
102
24%
%?''■
6% =-;■ 7
19%
19%
24
22%
27,000
16%
.
47%
102
500
21%
26%
17
102
44,400
69% July
17
Jan
27% Jan
series
Deo
137
No par
Reliance Manufacturing Co—No par
37*%
Remington-Rand
Dec
28%
?
Oct
17
pfd
Deo
46%
Mar
102%
125% Jan
Conv
29% Mar
60%
36% Jan
Jan
20
Stores Corp
Jun
11 y4
76% Sep
Reliable
Deo
NOV
17
100
1st pfd.
43%
25
19% Jan
4
& Co
Dec
38%
Apr
31
112% Feb
(Robt)
Mar
jf 43
9
4
Reis
Aug
16
111
34% Jan
106% Jan
—
July
33
6
100
Preferred
2,400
110
108 %
16%
102
102
102
28%
15%
48%
-
12,500
97%
15
38%
25,200
20%
110
110
28'A
27%
100
28
110
9
15%
110
21%
-|
14%
8%
15%
-2 111%
36%
17
37%
V
,
15%
4 27
28%
108
112
15%
9
>
*110
"
*108
8%
15%
20%
101
s
25
-
21
18%
101
*100
:
-■
14%
103
53% Jun 20
*
■
23
96 7b Mar 19
49% Feb
50
fls*&vnon-cum 2nd preferred—-.50
Jan
19
—50
Reading Company——
4% non-cum 1st preferred
200
101%
Sep 20
77
15 "/a Jan
1
pfd—100
Radlo-Keith-Orp" ":um
70
100%
100%
10
No par
Corp of Amer
$3.50 conv 1st preferred—No par
1,700
*30%
.
102
22
9,600
35
•
*80
37
35%
•101
102
19%
45 Va
V *100%
,
80
102
36 y2
17%
19
»
36
19
.
20
17%
100%.
-
36%
19%
;
37
36
Radio
Ralston
45%
48%
*35
-
r
.
62,700
107
*105
107
37%
19
100 7*
*105
34%
37
18%
107
17%
48%
*35
*105
:
,
*37 ••
18
17%
*44%
107
.
6% Aug
3
19%
'
Dec
NOV
Range for Previous
STOCKS
-v
,
'
•• «j.-f
Year 1945
Range Since January 1
NEW YORK STOCK
EXCHANGE
r
12%
29%
Apr
Lowest
Lowest
$,«>>
9 per share
t per share
Highest
•
.
Par
Shares
Highest
I per
share
9 p** share
s
49
48
STOCK
26
24%
EXCHANGE
111%
10%
11%
112
C
22%
17%
21
45
47
42
44%
&
25
-
26%
24%
7%
7%
38
39%
13%
13%
13
15
15%
15 J.
46
14%
14%
108%
108%
14%
15%
14%
108
21%
22
20%
25%
26%
24%
26%
25%
27 7*
25%
25%
"78
78:;
84
*78
18%
18
17%
26
27 Va
27
26
-
22%
27%
*72
19%
70
31
27
8%
8%
14
15%
393/4
39 ya
70
*64
30
31
30
9%
9%
31
'
8%
9%
6% %
7Va
6%
37%
41
37
x';
70
15^
Seryel- Inc common
$4.50 preferred'
6%
38%
273/4
Sharon Steel
26%
Sharpe & Dohme
♦70
78
30%
-31
31%;
Shell Union
10%
Sheraton
84
'*72
18%
18%
*40
44%
*42%
16
16%
15%
16%
is/;
16%
60%
63%
60%
61%
62
63%
14%
15
14%
15
15%
16
21
21
21
21
47%
46
36%
36
30%
30%
14%
15
14%
'■f.
49%
,45%
51
48%
172
*167
14%
5%
5 %
45%
50
:
32%
25
25%
V
24%
25
42
46
33
37%
■
1
,
■
••■/■.■,-
223/4
20%
7
1/6%'
;
"
i
-
-
100
•
|
24
17%
1.
18%
16%
''yvv:/'
.
f:-'
■'
%
r;
ill
80
183/4
<853/4
..
■'-./17; ■■'''■
46%
♦107
39%
1 50%
393/4
24%
24
243/4
Southern
43%
45%
44%
453%
39
Southern
37%
373/4
70
'
22
22%
*96
23
5%
23
19
19 y8
19%
89%
173/4
17%
19%
88%
193/a
87
18
88%
17%
89'/2
18%
46%
46%
47
109%
•107
393/4
40
*45
47
109%
40
.
-
109% 109%
39
40%
111
111 I
26%
27%
84%
85
110%
110%
110%
25%
27%
25%
27%
80
84
85
84
85
88
52%
39%
110%
26
1 91
93
923/8
94
92
93%
533/4
53%
54%
54
54%
41
'
,
52%
50%
-•
52%
39%
403%
40%
63%
65%
66%
41%
42
66 %
42
67%
41%
42%
'
i"
•*
(
.'U
.
A
'
66%
64%
♦105%
For
*105%
107
133/4
12%
-44..
;
44
>.
footnotes see page 1607.
;44
•
24%
*106
107
;
44
5.
67%.
25
y-
107
13%
13%
12%
•
,
24 7*
23%
24%
23%
t
4.
44%
133/4
13%
44 Va
*24%
X105%
y
X/44/:*;
25
105%
14
44
67 %
24% '25y4
66%
106
13%
*.< -■»'' 43% '
106
14
43%
65%
Dec
15
Aug
22%
Dec
24 7* Apr
17
22%
Jun
24%
Jun
48% Jan
96
Deo
40% Oct
91
Sep 20
Sep 10
36
101% Sep
Jan 15
55 7* May 27
108
26 ;
July 11
48**
8
3
155
Apr
180
Nov
26%
Jan
37
Nov
33% May 27
17
Jan
24%
Dec
38%
Jan
4% Sep
30% Mar
/
48% Sep 24
193 $ May
39% July
No par
No par
100
40
Sep 24
70
Sep 23
65
Jun
65
Sep 20
ctfs—100
80
Sep 20
90% Jun 18
08
Feb 15
—1
17
13% Jan
Jun 27
33
Railway
preferred
preferred
22% Jan
No par
1
No par
No par
-No
Standard Brands, Inc
•—No
$4.50 preferred
No
Standard G & E Co $4 pref—No
$6 prior preferred
No
$7 prior preferred
No
Standard Oil of Calif
No
Sep
Standard Oil of Indiana
Standard OH of New Jersey
Standard Oil of Ohio
preferred series A
Standard Steel Spring
4% conv preferred
33% Feb 21
109% Sep
55
116
Sep
24
135% Apr
Sep
24
Sep 20
Mar
Xl05% Sep
6
26
12% Sep 24
'■A, 43
;
Sep
4
Dec
Jan
21%
Dec
12%
Dec
20
Dec
Feb
95
32
Mar
27%
Sep
44% Nov
39
Dec
12% Mar
23%
Dec
76%
99% Nov
Jan
Jan
39
55
60% May 28
78% May 13
30
July 11
108% Jan
.!■
;
17
.25 .-Feb 16
56
Jun
4
28
Jan
111% Jan
2% Jan
40%
116
Dec
Dec
49% Dec
115% Aug
33%
Nov
67% Jan
78% Jan
Dec
Dec
Jan
49%
33%
;
121
134%
38%
5
6
59% Aug 13
49% May 31
* Dec
107% July
i
149% Apr
42% Feb 26
Feb 26
■"
93
80
May 10
Mar
9
84
:■
r
-1
50
!
May 13
115% Mar 21
37
25
62
25
-10 *420%
100
24
Dec
87%
Jan
1 7 % Jan
10
38% Sep
20
109% Aug 30
22% Sep 19
Dec
24% Apr 25
77
v
Nov
Jan
% 6% Mar
39% Apr 10
109 7* Apr
62
60%
11%
'*
par
par
par
17
10
15% Sep
Dec
64%
May 24
40% Jan 30
20
84% Sep
Apr
Deo
80%
51
9
11
18%
32% Jan
17
3
Sep
Par
par
par
par
Sep
Sep
Square D Co—————.
——5 Squibb (E R) & Sons common-—1
preferred
3
30% Apr 23
13% Jan 29
6% Sep 19 *
; 27
May 13
13
Sep 10
104
July 16
Sep
4
Bperry Corp (The)—— .—1"
Spiegel Inc
"
Conv $4.50 preferred
No par
3%%
41% Jan
16
Aug 30
Spencer Kellogg & Sons
$4
7
27% Feb
Sep 10
Spear & Co
$5.53
85% Jun
30
Spalding (A G) & Brok Inc
Sparks Wlthlngton—
39
23
Dec
28
Sep 19
Sep 23
172
14%
100
Nov
21 Va
25
7.50
22%
6%
*38 Va
22 Ya
38
22%
37%
100
38
100
21%.
*13%
*96
44 7*
14% Aug
100
5%
.
Dec
Feb
Dec
Mobile & Ohio Btk tr
.
46%
30%
Dec
70
6%
32% Jan
60%
80
14%
12% Deo
3
May 31
20% Jan 11
407b
70
22%.
5% Mar
56% Jun
8
1
*78
63/a
14% Feb
17% July
59% Feb
Natural Gas Co
Co—
non-cum
Nov
36% Dec
Jan
44
Sugar——No par
80
14%
6%
14
38
39
Nov
70%
Aug
May 16
7%
71
69
*72
61
22%
July
24
•
36%
Southern Pacific
80
Jan
59
3
1
6
87
43% Jun
20% Aug
California Edison
24%
45
Nov
13%
26% Apr 29
21
1
5
preferred
25
110
92%
8%
79 7*
4% Aug
50%
Southern
Dec
Nov
May
29% July
South Porto Rico
32 3%
28
25%
74
8% May 11
60% Feb
5
Southeastern Greyhound Lines
172
Jan
12y8 Mar
9
2
53/a
32%
16%
16
39% May 11
9iy8 May 18
May 15
18% Jun
3
463/4
*162
40% Feb
Jun
21% Deo
14% Sep 20
Socony Vacuum Oil Co Inc
South Am Gold & Platinum
33
7% Sep
24% Oct
114
15
Smith
14%
5y4
172
107% Out
29% Sep 20
34
32%
17% mr
9
Typewriter-No par
Corona
&
17
14
—.——10
Sons Carpet Co
20
preferred
100
46%
49%
53/a
493/4
(A) &
37*% cum
Nov
54
(A O) Corp
14%
47
*167
Smith
1023/4
40
32% Apr 18
15% Sep 20
Iron
33%
15
5%
50%
40
&
9
38% Jan
15
—
Steel
Dec
17% Sep 19
Sep 20 '
27% Feb 26
8% Sep 24
6% Sep 24
35% Sep 10
20
$1,20 preferred—-No par
41
50%
♦100
Skelly Oil Co
Sloss-Sheffield
14%
24% Jan
64
No par
Slmonds Saw & Steel——No par
Sinclair Oil Corp..
-No par
Dec
Nov
8
113%; May
2
5
Coalition Mines
Dec
71%
30%
22% July. 11
19
4
Simmons Co
Smith
77
82%
si Vs
I"/.'"
22%
183/4
44%
21%
23%
110
nn
87%
-
23 Va
853/4
163/4
39
^
110%
23%
1'?'J'I:
37%
109%. 109%
;
41
39%
♦110
.
A"'
15%
/ i:44 /; •
45%
44%
*109%
x:
.22%
17%
13%
*96
38%
86%
213%
6%
t
100
38
19%
,
6%
13%
*96
85
21%
6%
39%
23
Ci'ZL:
-
fef'Sl/''
66%
*72
13%
100
39 7*
i
20%
11.
'■
13%
13%
:
35%
67
80
//
21%
33%
46 V2
*
;
103
14%
/
15%
Silver King
33%
42%
353/4
67
*72
80
25
423/4
33%
68%
67%
*75
f
40
172
33
■
■
'.*•
50
49%
*167
,
33
C
5%
47
65
15%
40%
393/4
:
64
S-yD
50%
49
33
16 3%
22
101%
32%
14%
46%
174
33%
33
.
32 ..-v
14%
5 <7
47
172
3P/4
16%
16
22
39%
48
♦46
65
*15%
103
39%
39
16%
65
7
6%
.
48
16
50
39
1023%
10
,
7%
40 %
*46
22
48
103
31%
5%
5
47
*21
38%
*100
47
-,...47
X
'46%
45
39 %
100
*100
44
103/a
6%
383/4
Nov
37
23% Ma-y 11
10
Jan
1
America
Sep
Jan
OU————————-151
Corp of
f 61%
'
Sep 24
77
v
Feb
*42%
28
49% Apr
2
23
par
par
Oct
Dec
39% Apr 18
Sep 2#
24% Sep
par
par
Corp——No
No
$3.50 conv pref ser A
No
Shattuck (Frank G)—
No
Sheaffer (W A) Pen Co——_No
Jan
13
19
Nov
14%
.37% Jan 16
77% Feb
8
19
36
•
28
Aug 14
July 11
110% Jun
.14% Sep 19*
14% Sep 19*
par
26 3%
19
10
6%
Oil & Gas———1
Sep
108
28
61
68
115% Mar £
17% Feb
7
1
——No par..;;
Jan
Jan
19% July
110% July
8% Mar
Mar 30
100
Sep 20
44% Sep 24
24% Sep 24
—1
26%
84
303/4
40
—
V May 8
34% May 29
■103
Sep 16 i
17% Sep 24
42
Sep ?4
No par
Co
&
78
e/
18%
61
V
5
Shamrock
273%
*70
10%
u9%
6%
38%
■
Seagrave Corp
Sears Roebuck
13%
21%
263/4
•
18
Sep
23% Sep
par
Par
Seaboard Air Line ctfa^—i-Nd par
5% preferred series A.——.100
Seaboard Oil CO of Del—-—No par
213/4
22%
.
10y8Sep 19
37
64
116
45
100
8
1.75
Seeger-Slinbeam Corp; ———5
'
*64
preferred
Savage Arms Corp
Schenley Distillers Corp
Bcott Paper Co———No
$3.40 cum pfd
No
5%
Seiberllngg Rubber Col—
U0%
*109
4
19
110% Sep 11
Joseph Lead——————10
Safeway Stores
5
Bt
14%
r
143/4
lay
22%
84
30%
v>
19
70
«
.
15%.-'
253/4
*72
18%
50%
*26%
V
.
108
108
22%
;
50%
.
22
13%-
14%.
109
103 7*
21%
40
15 Va
,■:
15%
♦108
21%
sSf.-. 13%
15%.
14%
108
45%
8%
393/a
133/4,
67%
46%
66 Va
27
8%
11%
*103
50
397/a
v-,13lM
15
Vv
22%
25
83/a
39
;
.13%
20%
26 3/4
83%
"
;
/
46%
26%
v
103
103
.
11 ya
45%
45%
253/4
112 7b
;
673/4
65%
V,
45%
44%
,
39
317b
67 a%
21
;
8
-
11/11%
103
,193%
25%
7%
,-ji
i.
1-45%
;./r
*102
19%
•
65%
45%
103
112
112
11%
10%
25%
112%
25%
253/g
113
52%
51%
52%
51
,s
25%
25%
65%
44%
*102
103%
51%
*112
10%
61
46%
45%
/
112
10%
68 7*
62
*103
25
24%
111V4
CLOSED
49%
Jan
44%
Dec
56
Jan
68%
Nov
Dec
19% Aug
27
Oct
Dec
108
Nov
? 105%
9% Jan
20%
Deo
THE COMMERCIAL & FINANCIAL CHRONICLE
Monday, September30, 1946
NEW YORK STOCK RECORD
/
LOW AND
•
Sept. 21
Sept. 03
'
Sept. 24
38 %
EXCHANGE
193/4
4872
102%
1978
20»/a
2072
47
43
21%
21%
16%
22 %
147a
213/4
16 «/4
16'/a
15
14%
10772
63
62
62
*122
123
*122
123
463/a
46
15%
107'A
*105
611/2
611/2
*122
8a/4
8j/2
87a
8%
45
47
16%
247a
2272
237a
213/4
14 3/8
227a
1472
*105
87a
8%
45
213/4
16
*60
123
♦122
21'/a
3072
213/4
106
62%
.
167a
293/4
106
106
62%
167a
3074
1574
277a
16%
2972
81/2
43
16s/a
30,
217a
16
16 74
2374
233/4
15
153/8
*105
1071/2
63
63
133/a
1274
123/4
137a * 13%
131/4
133/4
21%
217a
21 'A
213/4
22
1081/2
113
413/4
105%
3972
3874
41%
41
42
41
4272
427a
41%
41%
40%
41%
427a
43'%
431/2
4372
147a
147a.
14%
14%
143/4
1474
14%
15
31%
313/4
3272
32
*4174
*13
32%
29
I 32%
31
32
31%
28
28
28
28
28 3/8
2D
2872
297a
233/4
25%
233/4
26
25
2672
263/a
27
102%
10374
*1027a
103
:
87a
101.3/4
103
9 7a
87a
123/4
87s
9
8%
1027a
123/4
257a
103
87/a
103
97a ? 974
31,400
4,800
137/a
»
*110
111
109
*
11,400
227»
11372
43
6,700
2,200
3,100
900
900
6,100
2,300
137a
20 »/4
108
1,000
50
49
22
108
1,900
8.700
38,100
8,700
"50
87«
872
83/4
12%
10872
6,700
123
21
22
5,700
100
6,400
167a
51
48
,,
30
*211/2
*122
123
1,200
2,700
104
*103
104
157a
297»
213/4
15
19%
1374
14%
*10272
104
157a
21%
157a
20%
*102
104
1474
427a
207a
431/2
41
193/4
473/4
2072
48%
*102
427a
41
Sharet
t per thare
4272
47%
28'/a
106
thare
47
163A
301/2
153/8
t per
407a
423%
16
-'32%
2974
27
103
97a
Range for Previous
'
Class A pfd (4%% cum)
Sunray Oil Corp
owiu at Co..
2,300
53% Jun 14
34
267s Aug 26
63
May 10
3474
t per thare
Aug
47
Dee
July:
45
Oct.
23
24
10972 Aug 15
'263/a May 31
1013/4 Sep
143/4 Sep
25%
Dec
393/4 May 13
16
10%
Jan.
7
Jan
2874
Dec
Jan
8
23
Feb
13
187a
Jan
22
Oct
15""Sep 24
233/4 Apr
Jan
24
Nov
3872 July
17
1
107/a
19 %
1872
Jan
333/4
Dec
183/4
Dec
21
Sep 24
133/a Sep
617a Sep
117
Apr
109
May 17
10
110
7872 Jun
26
26
14
10
Aug
1197a Oct
Sep
18
24
20 V\ Sep
10572 Sep
24
106
Nov
109
Dec
737a Nov
1277a Mar
53/4 Aug
56 »/2 Aug 12
12
Dec
57
12472 Aug 13
18
421/4 Sep
77a Feb
36
Mar
38
Jan
87a Sep
10
Mar
97a
Dec
25%
Dec
22
Aug
33
Dec
May 24
79
Jan
137
Dec
55
Aug 21
5574 Apr 18
5
21
25
Jan
40
Dec
31
Aug
24%
Dec
30%
Apr
39%
Nov
21
Aug 22
411/0 Feb
5
3874 Jan
4
23
31% Mar
24
Apr
43 Vz
"7%
10372 Aug 20
167/a Jan 28
38% May
29
Feb 11
41
237a Sep 19
101% Sep 26
1
Apr 18
160
11
Sep 23
h 31
May 28
353/4 May 29
19
1372 Sep
No par
...No par
1674 Nov
24'% May 28
19
1037a,Sep 17
2674 Sep
Talcott Inc (James):
Highest:
247a Jan
*o
1,230
9,500
t per thare
thare
Sep 12
10272 Sep
100
.
I per
thare
Lowest
1974 Sep 11
4172 Jan
3
37
1
Sunshine Biscuits, Inc
12.50
Sunshine Mining Co.-.;.
.—10c
Superheater Co A The),
No par
Superior Oil of Calif
25
Superior Steel Corp
100
Sutherland Paper Co
10
Sweets Co Of .Am (The) new_$4.1673 ;
Swift International Ltd
Sylvanla Elec Prod's Inc
$4 preferred
8ymlngton Gould Corp
12,200
< per
Par
-
Starretfc Co {The) L 8^—^JTo par
aStercht Bros Stores InC.
*—1
Sterling Drug Inc common
5
3% preferred
.
—100 J
Stewart-Warner Corp
9
Stokley-Van Camp lnc
1
5% prior preferred
20
Stone at Webster.
No par
Studebaker Corp (The)
1
Sun Chemical Corp.
1
$4.50 series A preferred—No par
Sun Oil Co
—No par
"
Year 1945;
Range Since January 1
Lowest
Highest
NEW YORK STOCK
.EXCHANGE
' SaTee for
the Week
Sept. 27
4572
20
463/4
$ per thare
Friday
Thursday
Sept. 26
383/4
20
3872
39%
10272
Sept. 25
193/4
STOCK
CLOSED
Wedneaday
$ per thare
-
t per thare
$ per thare
STOCKS
HIGH SALE PRICES
Tneaday
Monday
gatardav
Jan
Nov
~13% ~Dee
T
12
)
137a
8
8
73%
7%
:
12:JA*
14%
8
147a
*14
700
8
*77/a
8
167s
163/4
5,100
577a
577/o
12,100
Tennessee
16
16
16 3/4
55 3/4
56
577/a
573/0
H7a
11
12'A
12
1274
113/4
127a
7,800
Texas
48
49
49
507a
493/4
50%
493/4
497/«
3.800
Texas Gulf Suiphuri—.—.No
247a
237/a
23%
2372
157a
23 3A
15'/a
153/4
1674
133A
1674
1674
16 3/a
38
40
4074
42%
42
44
437/a
44
223%
15%
*49»
50
167a
153A
493A
50
177a
18
18
1774
11%
117a
117a
11
52
51
13
107a
12
1274
12%
12%
14%
1472
15
15
15
15
41 Va
43
403/a
42
417a
433/e
417a
43
507a
,
*106
108
107%
341/2
36
19%
33
20%
6 Vz
37%
377a
67a
4,100
*37 7a-
197/a
207a
2074
207a
207?.
104%
1047a
1037a
1037a
10372
120
6 3/a
674
1972
,107a
500
10,100
43
1077?
*104
106
3,800
157?
41%
37%
*36
35
12
*15
63A
674
6%
106
107
107
109
6
67a
674
*5074
51
38
2074
1,100
10,300
1047a
104
$2.40
$272
Third
17%
18
18
187/e
18%
187/a
10,300
44
4374
44
447a
45%
457a
45%
4,600
Timken
14%
143/4
147/a
1574
15
157»
15
157a
10,600
32%
361/2
3174
35
347a
36%
35%
36
35
3574
7,800
181/2
18J/2
7%
*
435/a
40%
43
407a
*54
*104
105
105%
47% 1:49
137a, g 14%
427a
'
173/4
443/4
43
44
5574
533/a
533/a
13 3A
1474
14
*49
50
137a
.
13 7a
M
1474
14%
147»
}\
1474
49 V
^Monday/-
Batnrday
t per
i per thare
■.
•
Thursday
Sept. 26
$pertkar$
r
Axle
new.
3,200
187a Sep
...10
Nd
^No
.'
No par
No pat
50
pfd
Twin Coach Co
-
par
....
*'
i1
■
I
■>
per
thare
C
Sales for
Friday
YORK
66 Vz
Nov
Oct
112%
Nov
Jan
93/4
Dec
31
Jan
613/»
Jun
16%
Jan
25
101
Sep
Dec
1077a
Nov
Jan
50
-
.
Jan
5
Jan
10%
Dec
Jan
1127a
Dec
1074 Mar
17
Dec
26% Mar
45%
Dec
347a Mar
■
56
Dec
102
May
9%
1067a
Jan
Jan
16
Dec
Oct
52%
i4% Jan
25%
Dee
Dec
:42
2872 Jan 29
•»
Jan
103
71% Apr 30
Sep 20
Mar
187a
3372 Feb 7
12s/a Jan 29
114 - Mar 8
22% May 28
637a May 11
79
May 11
10672 Jan 10
24
Apr 90
Apr
10
26
9
*
Range for Frevlone
Year 1945
Range Since January 1
Lowest
Highest
STOCK
EXCHANGE
Sharet
$ per thare
54 '
NEW
the Week
Sept. 27
Jan
July
47a
217/aMay20
19
i
1-.%
13
10674
Feb 20
71
par
Dec
Dec
Dec
157a Mar
19% Dec
18%
64%
267sf Jun 14
-
Sep 20
Sep 19
Sep 25
Sep
9
Jan
3
Jan
3
Apr 23
Sep 24
Sep 24
Apr
45
•
6674 Jan 15
17
67a
105
16
39%
49%
1027a
13
;
47
12%
Jun
Nov
9% Mar
7
423/4 Sep 24
147a Sep 20
Sep
20 y2
55 Vz
8 3/4
14
18
12
29
29
31
par
No par
prior pfd
Twin City Rapid Transit
prior
112
Jan
Jan
5374 July
10% Aug
247a Apr 20
J
103
Sep 20
1674 Sep 24
1
No par
Corp__^
conv
13J/4
9
8
.No
—
Corp
preferred
5%
19
Jun
May
Jun
Jun
Jan
Jan
19 Vz Dec
30 3/a
177s Feb 16
Feb 16
2
Bearing
20th Cen Fox Film Corp
$1.50 preferred
870
kH. (
3074 May
3
Sep 24
33
JNopar
I
5
Trl-Contlnental Corp.:
?
..
&
par
Transue & Williams St'l—.JV0 par
Truax-Traer
Sep
:
3
STOCKS
53 ..
t per thare
thare
Roller
PRICES
Wednesday
Sept. 25
Tuesday
VSept. $4
Sept. n
Sept. 21
HIGH SALE
3,200
-t
157c: ,,153A
15%
.
LOW AND
Detroit
_i
a.
$4.50
49 V)
.14
49%
34,700
1,800
105
*104
105
*104
497a
14
47
v
600
173/4
187a Aug
26Vz May 10
65
May 28
18
Sep
6
617? July 26
2072
217a
693/ar
112%
;
137/8
68
iTransamerlCa
$6
32% Jun
20
107/a Sep 24
147a Sep 24
40% Sep 19
106
Sep 26
57/8 Sep 10
—23
*
Transcont'l & West Air Inc..
•50
173/4
4774
13
^;:'14%;^14%:
24,700
5574
:
% '•5574
10574
*104
? 00
774
106 3/4
*177»
•
497a
497a
♦104
>
19%
7
*18
7%
106
106
17%
1774
43 - •44%
;17%
""
7'/a
105
*105
19
*17%
7%
77a
105
107
•
17%
177a
17%
7
.
19 Vz
*17 7a
19
107
110
♦108
v
25
19
Sep
Transit Corp .-No par
preferred
423/4
Dec
Sl% Nov
313/a Nov
10
Nr par
151/4
Dec
10%
Jan
70
$3.50 cum preferred
Tide Water Associated Oil
181/4
62
Jan
507* Sep 20
No
45%
674
1
Thompson-Starrett Co.
14%
*17
par
.
16%
Jan
672
36 34
50
preferred
conv
Avenue
$3.75
48s/a
18
July 11
60%'Jun
5
1374 Sep 19
47
Sep 16
15
Sep
3
Thompson Products- com... No par
4 % preferred
i—-,
..100
310
26
Feb
35
No par
common.
Thompson (J R)
43
6%
•
5
—too
Co
div
Timken
103'/a
Mfg Co
pfd
conv
IO31/2
1674
1772
103'/a
Glass
The Fair—
590
507?
113A
12%
15
53'A
Thatcher
Thermoid
Dec
22 74 Feb
...1100
800
Dec
133/4
Jan
157a Sep
10
——1
2,500
50%
51 Vz
11 Vz
15
52
•
& Oil
2,500
11
14
Jan
9% Mar 4
4672 Sep 10
par
Texas Pacific Land Tfust_<
1774
1174
Pacific Coal
Texas
Jan
77s
ll3/4
52
1
&
Texas & Pacific Ry Co.—
90
175/a
107a
Producing*—
3,900
50
'
18
,107a
(The)
Gulf
7,000
153/4
,18
,
tm
it
7,200
■i
•4
f
493A
50
.
24
15 Vz
•15%"
15%
50
*414%
23
Texas Co
•
15
25
1574
58
7%
13
Jan 15
25% Jun
3
6874 Aug 21
8
55
16 3A
1974 May 16
774 Sep 11
Sep 19
B
Corp
107a
163A
1P/4 jan 25
9
.
Telautograph Corp
I per thare
$ per thare
t per thare
Par
Lowest.
Highest,
$ per thafi
U
...
53%
iar
147a
13%
13%
237a
29%
94
$1%
113
*m
111
*109
29
283/4
EXCHANGE
CLOSED
217a-
32%
*217a
23%
107
32%
107
.95%
113
111
*109
*1053/4
.
23%
22
107
106% 107
'*•
*109
111
107
*106
107
3274
22%
106%
*107
Union Oil of California^
Union Pacific RR
100
2,100
34%
23 ■*
-
110
,
23,800
■4%
5%
900
;
100
301/a
303/4
31%
41
30%
40
.31%
39%
.43
43
437a
41%
42%
2,400
United
Biscuit
Co^t^^i.
63
64%
63%
64%
64
64
64
6472
2,100
United
Carbon
Co-j.
29
26%
26%
87a
8 3/a
*24%
87/a
77a
*82'
,
85
*24%
28
7%
8%
*82
:
8%
*81
861/2
.
83
*247a
73/4
100
28
8%
*81
35,600
37/a
33/8
33/4
33/4
4
33/4
4
473/4
471/2
477a
473/4
48
477a
48
80,600
8,700
103/4
*8674
11%
11%
111/4
1172
ll7/6
12
12
1,200
95
95
95
14
13%
133/4
39
r:
92
*8674
90
14
14
13%
14
3772
39
37%
39
39
44
*93
133/4
"
+
^
No
United Corp common.^-—
$3
preference
k
....
United
Dyewood Corp..
Preferred
•60
United
2,600
United
Electric
Coal
100
Cos...„_:
Engineering-A Fdy___
45%
46'A
47
46 3/a
4672
20%
19 3/a
207a
207a
•<20%
6,200
United
Gas Improvement
16%
1674
*106
163/4
16%
163/4
21,200
United
Merch
5%
9%
109%
0%
*9 7a
10%
700
United
Paperboard_»_
ll7/a
11%
ll7/a
11%
ll7/a
37,200
United
Rexall
163/4
18%
19
197/a
19
19%
19,100
U S & Foreign Secur..^.-
106
10674
161/2
1,100
112
3,100
108
1061/4
1067c
143/4
15
15%
153/4
103
*
10372
105
199
199
*198
111
112
202
202
*198
90%
91
45
32
32
91
42
31 ;;
90
90
*90
431/2
*89
,417a
20
437a
45
44
32%
92
10%
42
:
65
267a
18
197a
187a
1974
1872
107a
273/4
6%
273/4
*
*9%
10%
*10 7a
1074
*10 7a
4174
'41%
427a
55%
lot
158
>
66%
.
145
V-}'
4572
7074
47
78
,
66
69%
145
144
23
8%
5%
.
93/a
1091/2
87/a
8'/a
81/2
457a
20
11%
For
footnotes
12
11
11%
see
953/4
——s<—100
4%%
100
160
497a
51
74
74%
717a
70 3/4
7P/4
53,300
14672
i46%
i
14672
2,200
No
preferred
U S
—10
—-j-i
is£
Plywood Corp—
33/4%
pfd
cum
par
.—No par
*
1
U S Pipe & Foundry.
U S PJaylng Card CO—
—
series
20
10
1
—100
A
U 8 Rubber Co
10
preferred—100
U S Smelting Ref & Mln
50
non-cum
300
5,600
No par
Co
U S Lines Co
360
57a
Preferred
U
S
Steel
1st
Sft
:
Corp
No
common
Preferred
par
100
.No par.
29
1,900
110
U S Tobacco
2,700
-
:
337a
87%
1607.
53A
10
*104
10972
8%#/8%i
*4472
,20
113/4
95»/2.
*186.
192
page
2,500
17,900
75
103/8
*1021/2
19'A
*
§8
48%
5%
44
32
10Q
23Vz
48
87%
5,200
59%
*157
preferred
Partic & conv cl A
50O
10272
52
20%
94
-
585/a
23 3/a
20
♦186
14572
12,700
102%
51
103/4
*45
6974
474 %
United Stockyards Corp———.
.1
United Stores $4.20. non-c 2d pfd_5.
1%
Co
non-cum
i—
preferred.
32%
107a
*104
10972
17,700
$6
No par
preferred
conv
83/4
83/4
*443/4
4874
400
2074
213/4
213/4
1,200
Universal-Cyclops Steel Corp
1
117a
12
12
3,100
Universal
1
50
96
192
333/4
«
96%
*190
5,600
250
9672
196
33
33%
86 V2
86%
10
11,900
•
<
250
United
A%
Wall Paper
cum
conv
Laboratories
Universal Leaf
Inc
tod par
Tob
preferred
Universal
2
—50.
Inc
pfd—
:
Pictures Co Inc
preferred
.:,k—
100
1
56
-
1053/4 Sep 16
9% Sep 25
'
-•
i07» Sep 24
30%
22
110
15%
.
29% Feb
132
May
x205
Sep
47% Apr
98 Vz Aug
62
May
13% Jan
44 'Jan
2
29
11
20
22
22
29
29
2
253/8 Aug 21
93/4Sep 19
20% Jan
277*
Dec
151
Jan
1127a
Dec
29
Aug
45%
NOV
Aug:
38%
■
.
25
104
•
Sep
Jah
22 y2 Mar
317a
!
66
120
Nov
Dec
Dec
62%
Dec
40
Dec
5
Nov
Jah
26 Vz
•
Feb
73/4 July
~iy< Jan"
38%
Jan
503/4 Nov
97a
••
Jan
143/4
Jun
Jan
887a
Jun
10 3/4 May
177a
337a
Jan
527a
Dec
Dec
13%
Jan
25
Nov
10l%
Oct
112
Nov
66
•
67a Mar
18% May 17
1674 Sep 19 '
32 Vi May 29
106
Feb
4
109 % July 2
;
13%
11% Jah
1037a Oct
26%
16 3/a
Dec
Dec
107% Nov
Apr
28
Nov
Jan
115
Dec
77
Jan
1157a
Dec
13%
Jan
343A Nov
387a
Jan
55%
Dec
77
6 3/4 Mar
3074 Mar
77a
Jan
127a
Dec
39
Dec
167a
Dec
117a July 23
13% Jan
-
'
*100%
Jan 28
Aug 15
Jah 23
July 11
Jan
i*<-
;109%1 Jah
53% Aug 28
Apr 10
93
Sep 19
19874 Sep 19
26
Feb 26
90
Sep 26
40
Sep 10
63/4 Sep 24
25
Sep 19
U 8 Industrial Chemicals
56% July 25
Oct
Dec
—,
21% Feb 16
43% Sep 20
19
Sep 20
15
Sep
3
20
»
100
Corp——_i-.5
—
May 10
Apr 23
May 1
Apr 12
Sep
5
Jan 29
102%
116
78%: Jan
•'*
10572 Aug 23
12
14% Sep 20
—
Mach
5774
9172
40
1774
89
-77a
Oct
267a
111% July
8
71 Vz Mar 16
37
59
41
100
5172
Sep
60% May 31
9
Sep
9
Feb 26
Sep 25
•
Sep
:
19
;
22% Sep 24
48
Sep
9
•
144
4% Sep
9
97s Sep 19
106
Mar 25
7
Sep
3
41
"Sep 10
1974 Sep 24
51%
Jan
Jan
;
166
Feb 16
293/4 Jan 14
557a Jun 17
9% Jan 28
20% Apr 10
128
Jan 24
11% July 22
54
July 25
27 Vt Feb
7
22
Apr 16
927a Sep
12
110% Jan 10
May 14
200% Apr 23
49% Jan 10
101
Apr 9
30% Sep
19
Sep 25
Jan
1447a
31
100,. 1.85
Jan
277a Jun
Apr 22
80
8y8J&n
187
35
46
Feb 6
84V2 Feb 6
89
Feb 11
973/a Feb 6
Sep 19
Sep 11
66
Apr 24
67% May 5
103
Sep 26
84
187
Sep 24
457a Sep 24
*72
Sep 26
155
*
1097a
974
*105
47%}
*72
187a
70;
573/4
:
<■
Hoffman
S
:
1
77
1474 Jan
*
16% Aug 13
w par
•
U S Leather
2,600
-
22%
*50
53/4
*65
100
101
58%
60%
*155
160
30
29%
53
22%
52
5%
155
*72
80
1457a
22%
*50
58%
155
47'/4
46
*72
,53%
297a
U
40
I? 7
7%
28'A
70
54
57
577a
77a
281/4
101
7
:
U S Freight Co
U 8 Gypsum Co
7% preferred
4,300
i
4i%
7
*65
43
65
53
*154
2,600
10%
53%
preferred
No par
No par
2,500
44%
774
20%
7,
$4.50
140
10-
10
36 72 Sep 25 ;
—.2.50
Drug, Inc_^
•
317a
30
1672
8
~:..1Q0
10
IO3/4
•
Sep 10
Sep 24
13 % Sep
Co.i..l3%
preferred
*97/a
*10674
v
5
58% Jan
■
Jan 18
5474 Jan
9% Sep 10
Mfrs Inc new com 1
&
;
Feb 25
Sep 20
Sep 26
Sep 24
4672 Sep
United Fruit Co new—No par
10972
*106
1
5
1
197a
109%
3374
62
26 V2
77a
8074
33/e
par
119
Sep 10
28% Sep 24
No par
1574
*106
106
10
Clgar-Whelan Stores
30c
$3.50'conV; preferred
.^..I.IOO
1,300
11,500
-
107:
Sep
32
Sep
217a Sep'
—j—No par
Unlted-Carr Fast Corp_<
Sep
21
Sep
117% Sep
United
100
837/a
372
47%
*
„
P
.
preferred
conv
28%
2974
18,200
United Air Lines Inc_.
633/4
7'A
307/a
Jaft
Jun
106
Feb
105% Sep
.
803/4 May27
23% Apr 16
3
j3£
May 29
10
125 :Apr 18
10
1157s Jan 27
25 :• 110
May 1
24
10772 Jun 28
4
29 ^ May 11
24 * 16872 Feb
7
11
12074 Mar 11
3 ;
42 y4 Jan
9
24
-373/a Jan 28
Sep 24
Sep. 19
ill
...100
No par
Union Tank Car_
United Aircraft Corp^.
4172
63
23
88
25
3076
*2478
13
>
100
preferred^
non-cum
31%
.29
49
par
5-
serIes_-:.^No par
$3.50
9,000
J
107
227a
•23%
107
Preferred
5,100
■v
124
333/4
33
Co
.No par
Carb-?— i^Jtoo par
Union Carbide &
370
2274
227a
121%
*106
too
Rubber
Asbestos
Bag & Faper_„ij
Un El Co of Mo pfd $4.50 ser No Par
Preferrd $3.70 seriel(-w^.J%) par
1053/4 1067a
227a
^-237s
/.
13,400
111
106 3/4
12374
3374
953/4
113
2276
107
293/4^
Union
951/4
*112
1197a
33
Union
147a
225/a
1057a
.
3,700
-9,300
14%
124V4
221/4
120
Underwood Corp
293/a
97
*112
f
*
4.100
113
9576
1
106V2
106
I231/2
*10472
34
1067a
%2
217a
10772
337a.
*109
106
11774
123
1077a
;
111
105%
22%
J21W
119
02
*112
*109
106 3A
106%
94
113
911/2
*112
•
523/4
293/4
14
2874
1
523/4
15
51
STOCK
57
Dec
67
Nov
48%
Dec
73%
176
52
Jan
77 7a
72
Jan
89
58%
Jan
853/4
Oct
Oct
Dec
Oct
Dec
NOV
Jan
160
237a Aug
32
Nov
46
Sep
50'A
Dec
«f
Jan
87/a
Dec
4% Jan
167a
Dec
135%
98%
Jan
12174 Dec
JVofame 164 vHumbeiH$J29
THE COMMERCIAL & FINANCIAL CHRONICLE
NEW YORK STOCK RECORD
Saturday
Tocsdaf ;
Monday
'
SALE PRICES
AND HIGH
LOW
:
Sept. 24
-Sept. 23
Sept. 21/;:;,;-.',
# per share•;
Ppershdre
$ per share
STOCKS ?
Wednesday
' Sejrt. 25-
''
Thursday
Sept. 26
iliare^r^tipershdre'.
$ per
i Sales for
Friday
NEW
the Week
p; Sept., 27p
$ per share
Shares
"1
YORK
STOCK
/■
EXCHANGE
Lowest
Year 1945
Highest
t per share Kr:-.
,
Range for Previous
Range Sinee January 1
.
*
Lowest
I per share
Highest
I per share
; |
t1
f per share
i-;
20%;-.21%,
STOCK
CLOSED
;
•
19%.
20V4
..
*
ley*
;
37
*.v36$5s^T^>-*
,-ri6% '17%..; i ;
16%,
„
18%
36
37%
*88
*103*
-
6% /V 6%:*119%
81
46
38%.
■F
i
'6%'
180
*106%
*106% 107
38
105
-
^
106%
10%
12 /
10%
14%
13%
14
i
..
108
11%
13%
,
;
101
100.
v
is
19%
17%
27 %
26
27
24
24
25
27%
22%
25
31%
9%
327/a
30
*24y8
25
23%
24%
32
31
10%
*85
10
116
115%
25
24
/
33%
'
"
18:.:
37-
*106%
Ill-
.
ft
12/.
14%
•s:
*iooy2
101
19 V*
'•
27
25'A -25%
28%
*27%
22;
■
'■22 %■ •''22%,
24 V*
-
'
24
H
,10%
10%
'
10%
34%
">,34%
i
85%
?;
100
34%
»
110%
34 •//;
109 y*
*111
112%
116
*114
119
*113
115
2,500
41%
42%
42%
41%
111%
111%
111%
113%
16%
15%
16%
16%
68
68'A
68
64
5%
63%
6%
67
68
69
5%
68
6
6
6
16
16
30'A
32%
27
75
75
17%
31
79
*75
22
24
*13
*14
22
18%
30%
*75
17%
*15
22
114
*112%
6%
19
18 %
6,800
76 %
400
22 %
21%
22%
22,200
20%
22
21%
22
*13%
22
*12%
22
29%
31%
29%
30%
30%
31%
30 %
31'/a
30'/4
3-1
25%
26%
25'A
26%
25%
26%
26 'A
27 %
26'/a
..
26%
36
36
36
-
37%
37%
37%
47%
44%
45%
46%
47
31
31
32
32%
32%
101 Va
*61%
*101
lOl'/a
100%
.
*61%
75
*101
103%
40%
93%
95
30%
31%
26
39%
42%
26%
13
*94
101
100
75
*61%
103%
1
37
99%
*61%
*101
75
*61%
,
103%
42%
96
95
95
94%
94%
94%
32 Ve
32%
32%
27%
27%
28
14
13%
14%
13%
ft
•
14%,
*32
280
85
*82
90
*31
35
*31
10%
12%
12
11%
12%
*7
12
12%
13%
12%
13%
13%
14%
14%
15%
96
95%
95%
*95%
96 %
97%
97%
16%
16%
16%
16%
16%
16%
16%
16%
1,300
*145
165
"145
165
*145
38%
39
39
39
40
40
40%
40%
40
14,600
46%
47%
46%
47%
49%
55
49%
54
,,
165
*145
'165
48%
50
50%
52
51
55
54
55
53%
55
91
*85
91
*87
95
*87
92
*86 ^
90
90
*85
90
*87
91
*88 S
n
87%
*83
85
83
83%
82%
82%
*69
71
69%
69%
69
70
83%
*69%
15
16
15%
17%
18
19
18%
Saturday
LOW AND HIGH SALS PRICES
Tuesday
Wednesday
Monday
Sept. 21
Sept. 23
Sept. 24
9 per
I per share
$ per share
38%
STOCK
16%
EXCHANGE
*17%
CLOSED
37
Sept. 25
share
40
.
62%
64
19%
19 %
19%
22 %
23%
23
23%
3%
10%
io
:
•Bid and askpd prices; no sales an this day.
tin receivership,
Friday
.
Sept. 27
9 per share
63%
22%
I per share
19
9Va
H
Apr
50 v
Dee
tf
16
14
14% Aug
^
21% Not
jf
24% Jan
v
3r
Deo
H
33%
Dee
1|
v;.
34% Feb
20
10
-
30%
16% Apr 20
43% July 11
89'/a Aug
8
45 i Apr 30
84% Apr
23% Mar
119
Aug
40'A
41
40
40%
9
17%
16%
17%
6,100
19%
*18 Vi
19
1,200
Jan
-9%-10^
'
62%
63%
16,600.
19%
7,400
.-.j
22%
23%
5,500
10
10%
10,100
sDeferred delivery
uNowstoo*
.»
was
senith Radio Oorp
sal*
s
Special rnleo.
80% Nov
37
Nov/
113%; Nov
109%
Jan
118% Oct
101
Jan
117% Aug
7
119% May 16
53% Jun 10
113% Sep
22% Mar
118%
40
Dec
116% Apr 11*
106
Jan
115
Dec
3
Deo
35
Jan
9
90% May 14
13Va Jan
32% Jan
Dec
8%
Dec
Dec
Jan
61
Dec
4ya
Jan
14 Vb
Jun
37%
Jun
17
13%
Feb
14
30%
Jan
57% July
Apr
24
64%
Jan
92
56V2Jun
101
112
32%
16
45
Jan
29
-
31
Aug 20
72
Jan
Jun
106
Jan
56
37% May
30% July
Feb
100
45%
Jan
May 28
7i9
Jan
26%
28
23% July 10
Feb
107%
Jan
47%
87% Jan
21% Jan
44
Dec
:105% Dec
101% Aug
31% Jan
44
Dec
43
Oct
64
16
62% May 29
107'A July 26
Oct
fc? 37% May
50% May
27%
11
Mar 26
*
Dec
103
Oct
31%
Dec
47%
Dec
Jan
24
11
8%
Jan
Deo
105
July 11
83%
Jan
Jun
36
May 21
30
Jan
19
12% Sep
19
Mar
I2%to2i
21
5
160
Dec
26%
Jun
10%
-
12
16% Mar
July 10
21 % Feb.
Oct
6% Mar
26%, Jan 16
101 " July 26
Feb 20
.
91
19% Nov
Jan
7
Jun 14
13% Jan
128
Jan
52
May 31
62% May 29;'
74
Aug 13
22% Jan.
'
22
••••••••!
138% Dec
.
Deo
^
Nov
37
^
40%
Jan
53%
Deo
it.
38
Jan
70
Nov
z
Nov
loor
Apr-25
79
Jan
100
103
May 10
80
Jan
100% Nov
Jan
110
69
105
Sep
10
82% Apr
Sep 25
1
75
Feb
4
69% Mar
25% Jun
.
0
6
Nov
84
Oct
Range for Previous
'
Range Slnct January 1
,
Year 1948
Lowest
Highest,
9 per share
9 per share
,
Lowest
$ per share
37
Sep 24
61% July
15
Sep
3
Sep 24
27% Jan
31
13%
Jan
35% Jan
17
19%
Jan
1
32%
Jan
'
No par
1
17
Highest
I per share
47% Dec
24% Oct
31%
Dec
57% Sep 24
83% May 31
39% Jan
70%
Dec
18
31
20
Mar
27%
Sep
34% July
6% Jan
44%
Deo
12%
Dee
Sep 12
21% Sep 19
9
Sep' 23
wd When distributed.
Jan
29
42% Jan-15
14% Apr
x-Bx-dlvldends
r
18
I
'
87% Sep 27,
721
Sep 4
par
Toung Spring ft wire
..No par
Youngstown Sheet ft Tube— No par
Youngstown Steel Door
—No par
TSonifeo Products Oorp._
38%. Nov
100% Jan
107% Jan
Sep 26
10% Sep
T*I* * Town* Mfg. Co.
19
18% Dec
S .'ft'
1
18
95% Sep 24
16% Sep 26
100
York Corp;
,
47% Dec
May
24
27
12 V\ Sep
Par
3,300
17%
Jan
6
122% Feb
63% Jun
81 % Sep
(Del)— No par
Shares
*18%
Mar
29 Vi Sep
5
47% Jan 31
'. f
'
X33% Jan 17
par
.
Jan
s
STOCKS
62%
22
Jr
Dee
35 >A Mar 14
45% Jun
May
25y8Sep 18
par
No
EXCHANGE
62
_
iWm)
I
105%
30% Jun
7
NEW YORK STOCK
19%
"•
Wrlalev
U
Deo
Oct
29%
1
Dee
16%
91%
20
Oct
Oct
43% Sep 10
47
Sep 19
Wright Aeronautical
Deeil
14%
8%
;^3p% Aug
10
Sales for
18
10 Va
t
110
8% Jan
39% Jan 30
34
the Week
Thursday
Sept. 26
40%
23%
9
:
*}
Deo'il
Dec-il
110%- 8*p <}
f 61% Mar
23% Aug 29
5 50
Aug;
Dec
63
Wyandotte Worsted Co new
500
107% Feb
-•
38%
142
V
17%
22%
501
85%
105
.
27% July
10
19,100
18%
19
.;
Mar26
Not
17
10
37%, Sep 10
63 'A Sep 19
27% Feb 26
ifr.
70
40
18%
*83%
111
;
•
41% Jun
101
par
-1
19
16%
63%
>
20
.*•'42
35
99
Nn par
18 %
17%
20%
•
Jan
30% Jan
43% Aug
26 V4 Jan
6% Sep 20
Conv series
13%
Apr 29
14
100
Prior pfd 4%%
i'TR'i
e*-"-;.8*p>..
54
14
39.
Worthlngton P ft M (Del)—No par
Prior pfd 4%% series
100
300
87%
;:
;
23% jun 14
"
29% Sep 10
Par
1
pfd
Maw
53% Jan
24% Sep 20
35% Sep 20
™.20
No
Feb' 21
Mar
149
.
32 y4 Jan
Woolworth (F W> Co—
4,000
36% Jan
120
27% Sep
No par
preferred^—
86^
Not «!
43% Row 11
-
21% July 19
100
.No
*68%
17
18%
Sep 12
Sep 24
Sep 24
20% Sep 25
100
preferred
70
16
60%
..
83%
17%
*
No
19
19
39
57%
...
I per share
14
75
Woodward Iron Co
92
*85
7
27
No par
Wisconsin El Pow Co 6%
52%
53%
—.
Sep 13
5% Sep 19
—12.50
$4.25 preferred
Wilson-Jonea fin...
700
"145
165
*39
'
Instrument
Willys'Overland Motors
Wilson ft Co m«—
19,700
1,100
4
10
Wiled* OH: Ch—
2,300
24,600
96
12%
conv
Prior
7%
Sep 16 /
Sep 25
•;
100
12%
10%
$5 conv prior pref
20
29r >
14% Sep 24
57
Jan 2
White Dental Mfg (The S 8)
35
11%
1
.No
85
35
7%
Inc
White Sewing Mach Corp
$4 conv preferred
85
*31
7
<
103
114% Jun
3,800
*8i y2
35
24
9% Sep 19;
100
pfd
10
'31% Sep 19
85% Mar 15
106
13%
13%
85
Sep
Sep 20
100
—.—.I
*31
6%
20
115% Jan
White Motor Co
*81
Sep 11
■j 23% Sep
1
400
85
65/a
27
100
——
24 -s
25
Sep 12
18% Jan 24
No par
No par-
3,500 i
35
Sep
17% Sep 24
^
.
.
27%
*31
7
;■«
;._5
33%
27%
*81%
6%
100
par
8
—-
Feb 26
Ay,T ■tr
-
5%%
95
27
,
12
.
Dec U
-
18% July 19
6
Wheeling Steel Oorp
6,400
30
154% Aug" 12
520% Jun
7
par
No
Wheeling ft Lake Erie Ry—
43'A
*30%
No
43,75 preferred:';..'
103%
43%
j 45% Jan
i
*11% Mar 13
5
Pipe—
Apr
98
-
100
Weston
210
85
* Iflt " Sep 19
1
—
Westvaco Chlorine Prod
75
*101
•
41%
26%
105
——No par
1,300
99%
99%
45% Jan
Sep '^3
u
99
3
Sep 11
Sep 19
„
100
Western Pacific RR Co com__No
par
Preferred series A
.100
Western Union Teleg class A_No
par
Clast B———No
par
Westinghouse Air Brake
No par
Elec
-
IT
2,100
34
83
56
Lines,
♦V
580
47%
*32
Jan
34
_
Weetinghouse Electric Corp
38,900
38
47%
f
42%
30%
12 JA
14
75
103%
33
41 %
25'A
,
100
37%
48
33
41%
30%
,
*101
37%
47%
*-
9,800
!
57
He par
*fn pnf
,
Supply Co
Maryland Ry
4% non-cum 2nd preferred
200
34 %
[2
H
9
Apr
July
.
Auto
76%
Dee
NOT
May 11
Western
32
81
124
178
111% Sep 16
Western
*14
Sep 24
35% Feb 26
2,700
33%
Sep 24
331'
No par
6V2
75
37
53
Deo
Jan
Sep 19
preferred.
preferred;—
68 y2
75
105 w
8%
Dec
Sep
59%
t- 171
Tobacco^ 7w»
Air
31%
31
&
Western
6%
21
4Vs.% preferred—>4u.———10Q
■
3% Mar
I
i
Dec
/
4' 118
'
West Penn Power 4%%
West Va Pulp ft Fap Co
230
3i%
45%
Fdy
2,300
3,500
79
*13'/a
22%
21
*13ya
6%
"41
42%
114
6%
Jan
Dec
103
r* 45%
10
99% July 10
123% Apr
Mar 29
Indies Sugar Corp
1%
130
16%
16
West
130
42
40%
111%
r
West Penn Electric class A—No par
100
-12% Jan 29
Jan
■*08% Aug: 2344
Sep A 24
Apr 29
$4 conv preferred
130
;.
*118
4-
164
24%. Jan.
.52
.Wesson OU & Snowdrift
7,500
110%
119
112
*111
116
34%
109
40%
16
Webster
3,OJOO
85%
90%
170
Wayne Knitting Mills-
3,700
35
4
4
Sep 24
Wayne) Pump fin-
■
15
138
Waukesha Motor Co
1,400
80
v
__28
Petroleum Corp—
Washington Gas Lt Co—
2,200
ii%M»r
53.4 May 28
ll«% Jun 24
—5
,..,
Warren
1,500
i
24
34%
33%
34%
115*4 Feb
-25 (" •464 Sep 23.
Warner Bros Pictures new
600
28
112%
14%
>,n
'
108%
119
100
common—.
preferred
13% Apr
'
May 28
(
'a.
Baking Co
Warren
4
34%. Dec il
22% Dec f i
80% NOT t f
24Y« Peoi !
J an
-
..>->100
(Hlram>.;G ft W.:—No par
5%%
1 77,200
'&
700
T
1,200
19%
> *2G ;
/
60
113
Jan
Mar
13
32
-100
,
Walworth Co_
Ward
7.700
2
63% Sep 20
"
,_10O
21%
4
%"
May 2
'4 6%.
%vpreferred-,^^,
Walker
3,700
12,100
-
15%
39%
16
4
.40
113
v
11%
•
V*'
165
^
8
preferred™.100
Waldorf System
WalgraenvTin
3,000
100
Feb
—100
Wahaflh, RR 4 %
708
ft
107
*111%
15
Virginian- Ry■'€».■,.4
^
6% preferred
Vlsking Corp (The) clasa A
Vulcan Detinninjf; Co_
1,600
'
37%
36% Sep 12
Jam
,
51% Apr 30
108 4 Aug 28
4
__100
f
tio
85%
32%
118
*114
116
700
65%
«A-
),n7y*
'
108
117%
110%
109
10%
34%
*85
33
108
64,
:
•
25
32%
31%
30%
109%
118%
*114%
►.
25
10%
29%
48 y4
*135-;. 145,
19%
-
35%
*i07y2
108%
•,v
35%
*117
v
div partlc preferred
Va EJ & Pow 85
pre£—.1—
Va Iron Coal ft Coke 5# pfd
10
v
204
■ ■
.No par
Preferred
27%'
;£
10%
118%
108%
19.
*27
28
35
109
108%
ft)
22
*85
118
30
2,400
ft
100 y2
21%
34%
109
31%
100 y2
27
85%
9%
32%
85%
6%
1,600
S8S&0&?
./ •
1,500'
15%
31%
.
•5 *82
12
Sep
5
..^.,-, .,
.
19
34f
100
100
Chemical
'
' 25 :
;
preferred.
Va-Carolftia
4,200
v47%
,
12 %
24
32%
34
V 112,
11%
28
28 "
;
21
cum
24
15% Sep
,
2.50
;
5% non-ciun preferredVictor Chemical Works.
,
-
107fe
21
•28
21
Chemical CO—
Vicks Shreve ft Pao By:
'
14%,
«■
,
19%
-
Vick
•
ri''
2,^00-
.
36 % Sep
Vertientes-Camaguey Sugar Co-6%
'
47:/''
180"
-
111
;
:
101
19
'41%
72
•
74%
m% C>!*1 ..^121%121%:-'
-
107
!
>'
12
26
•
24%,,.
:.;,'*27%
28%
21%
*85
v
800
Ii
33%.,{34'|;:
*150
•
15%,
*100%
19%
*26
107
11%
: '.
100
20,200
25%. Apr 30
58% Apr 24
26 Vi Jun. 17
■■^yp^kp
41%
-
,
•,.*135.'>145'/-::.
>
112
;
Sep 19
7.1/a ft/ft,/
47*,;.
:
•
14%..
•
*
101
-4Q%
7i%vn%:
-v:
145
*io6ya
...
-'"s r 16
,_10
104'%
*60 ;v
65 >\*
62 ^
v. 64 4ft
17 ya ZVlVa
^;i7%. !.'1'7.%. '■••■3?30 -■:;38
■;
37
37%,
107
*
39
2.50
L-
iy#OK1$T55»1 rt
<
Sep 19
Norman Co—,
Van Raalte C6 Inc-
37%--38.v
t 180-
*150
17,
•
■•'37%
-t
46*
33% 134
*135 '
/i;
64
17
,
'
.
31
:
19
Van
1.800
vi^*iai.7i4l»4-.
r: iai-/4
.
38
*37
34
135
*60
18
38%
ft
,
.,6%
;
%
48 &
37%
33
65
17*-
105 *:■; 110
46
37
No par
6,600 >
17%
<.
104%.
V? 105
88
140-
121%
*80
17
Vanadium CoTp ol Am.,....,,
3,700
38%
38%
-
?101
;
7
*120
90
*150
'
37%
;
135
'/ 180
€4%
t
37
35%
i.
*150
6
104
121%
*80
46
..
145 ?■
*135
37
*88
40
*101^
6%
*120
121%
38»/*
35 :#
.
38%
66%r
46 I
*
£38
170:^,18
104%"!
6Tse
81
•!
37%
* 105
,«8*
•'
^20%
21% ::
,17% ;^^^17W:^18%;'.-
r-22
-
,17
18 y8
17%
&W:r-
103;r
6%
21
*
37%
*88
r-
36% • 37%
39
^
-.17% >
37%
*37
104%
/•88^.105^-f ^
•i03;v-ioa-?/
84
36
36
36%
% 104%
ioa;v
*88
16%
'
'
*88
••
16 %
21%,>
16%
20% <),Vi
i6y#,
37
EXCHANGE
Ex-rights
'">•
a,UJM.oa.H3 UAIOMAMPI a JfAm3MW0-j HHT
TsdmwW
IV.'.Vv
f* «A « w>
"wftar ;4""Wr""*
,*p,
THE COMMERCIAL & FINANCIAL CHRONICLE
Transactions at the New York Stock
Number of
,
Week Ended Sept. 27,1946
•
I
I
Tuesday
■■■■■
Total_l
W
" ';/'>>
-V,
'
'<
'
-1.
■■■■-■-
$6,494,000
2,225,470
:r
/T
■ >
1B02.B90
7.187,200
-
*^Q4'18Q
63C5,000
. v
■;
974,650
5,120,000
.
■■■■■■■
■
..
$34,065,200
8,421,740
!
'*
"rW
"
-
-
'!
V„
y
^v
-
'
/
——
t,-
'
•
U
Government
S
■'
•
.
Tuesday
Wednesday
Thursday
578,245
•
>
$35,384,200
589,150
...
312,875
—
—
204,000
258,000
185,000
<r*Vi
"•
>V
'
-
$18,145,000
61,997,200
943,398,900
$5,351,750
1 71,439,060
1,733,865,000
listed
on
are
the
"
v
•
,
?.*
■■
"
.
-
240,000
daily closing averages
—
$1,492,000
Bank of the
20
15
Indus¬
Rail¬
Utili¬
trials
roads
ties
Total
& 10
Second
65
Indus¬
Grade
Grade
Stocks
trials
Ralls
Rails
'
•.
Closed
10
40
ties
Bonds
Exchange
Closed
10
90.27
107.55
45.69
33.69
59.73
103.80
110.92
168.89
47.14
34.29
60.85
103.71
110.27
89.39
107.31
September 25
172.95
48.00
34.59
62.09
103.75
110.20
88.56
107.35
102.47
September 26
174.96
48.68
34.87
62.83
103.82
110.40
89.55
107.37
102.79
September 27.
174.09
48.42
34.78
62.53
103.99
111.11
89.77
107.45
103.08
43%
38%
FRIDAY
'
LOW
;
Saturday
,,
Sept. 21 '
Low
Monday
Low
AND
HIGH
High
Low
20%
56%
Public
& Trust
Bank
23%
10
Fiduciary Trust
National
100
10
37
100 1,670
103.23
EXCHANGE
*106.30
107
*103.3
109.5
*111.16
111.18
*111.16
111.18
♦102.25
102.27
♦102.27
102.29
*107.13
107.15
*107.13
107.15
*111.24
111.26
♦111.24
,
•":
*103.21
103.23
High
♦103.20
-
103.22
Thursday
Friday
Sept. 26
Low
High
one
more
or
32d of
a
Title Guarantee & Trust
♦103.20
103.22
*103.20
103.22
*106.30
107
♦106.29
106.31
109.1
*108.30
109
*108.30
109
*111.17
111.19
*111.16
111.18
*111.16
102.27
*102.23
102.25
*102.23
40
United States Trust
*107.13
107.15
*107.13
107.15
*107.13
107.15
111.26
*111.25
111.27
*111.24
111.26
112.10
*112.10
112.12
*112.9
112.11
*113.22
113.24
*103.8
106.31
*106.28 106JJO
*108.30 109
•♦111.23 111.25
♦113.23
113.25
*113.22
113.24
103.10
103.10
*103.7
103.9
*103.6
103.8
104.31
V *104.29
104.31
*104.28
104.30
*104.28
104.30
*104.27
*105.23
105.25
♦105.22
105.24
*105.22
105.24
*105.22
105.24
•105.22 105.24
*105.4
105.6
*105.6
105.8
*105.6
105.8
•105.5
105.7
106.26
*106.28
106.30
*106.27
106.29
*106.28
106.30
*104.8
104.10
Treasury
Treasury
Treasury
Treasury
112.9
*113.19
/
Treasury
Treasury
Treasury
Treasury
113.21
*103.6
103.8
104.29
*104.3
104.5
♦104.5
104.7
*104.9
104.11
*103.17
103.19
*103.19
103.21
*103.24
103.26
*103.24
103.26
♦103.23
*103.2
♦103.6
103.8
*103.10 103.12
*103.10
103.12
*103.10
103.12
103.2
*103.4
103.6
*103.7
103.9
*103.7
103.9
*102.27
*103.7
103.9
102.29
*102.31
103.1
*103.3
103.5
*103.3
103.5
*103.3
*102.26
102.28
103.5
*102.30
103
•103.2
103.4
♦103.1
103.2
*103.1
*101.27
101.29
♦101.31
102.1
V 102.3
102.3
*102.1
102.3
♦102
105.2
♦105.6
105.8
•105.5
105.7
♦105.5
105.7
102.1
102.3
102.3
*102.1
102.3
*102
102.2
105.19
*105.17
105.19
104.31
..*105
101.31
101.31
*105.17
105.19
♦103.28
103.30
*103.28
*106.30
107
•106J0 107.1
CV
*101.31
.*105.17.105.19
103.30
;
*104.9 >104.11
105.19
♦105.17
♦104
104.2
*103.3$ 104.1
*106.31
107.1
*107
104,000
*103.30 104
107.1
1,000
107.2
"■
i>
Treasury 2 Vis
Treasury 2Vis
Treasury 2Vis
Treasury
Treasury
Treasury
Treasury
•♦104.19
104.21
*104.23
104.25
*104.23
101.25
*104.24 104.26
*101.15
101.17
*101.16
101.18
*101.19
101.21
*101.17
101.19
•101.15
101.17
♦101.16 101.18
*101.17
101.19
101.22
101.22
♦101.16
101.18
*101.16
101.18
*101.16
101.18
*101.16
101.18
*101.11
*101.16
101.13
101.18
*101.10
101.12
•101.10
101.12
♦101.9
*102.19
101.11
102.21
♦101.9
101.11
*102.18
102.20
*102.17
102.19
*102.16
102.18
*102.16 102.18
•102.5
102.7
*102.5
102.7
♦102.6
102.8
*102.4
102.6
♦102.4
102.6
102.14
•102.12
102.14
*102.10
102.12
*102.9
102.11
Treasury 2s
102.13
♦102.12
*101.18
101.20
♦101.16 101.18
Nov
109.24 Mai
Jun*28
111,18FeTli
111
110.3
Apr
2
Apr
2
1962-1967
.1963-1968
Jun
7
107.1
Jun
108.15
Nov
2
100.28
Jan
103.4
July
16
9
100.18 Jan
102.17 Aug
100.17
Jan
102.9
July
100.15
Jan
102.7
July
104.9
Jan
10
.June 1964-1969
103
Jan
4
107.9
..Dec. 1964-1969
102.22 Jan
4
2.
107.19 Apr
107.9
Apr
5
100.10
107.10 Apr
12
100.18
106.15 Apr
6
Treasury 2%s
Treasury 2 Vis
Treasury 2s
102.11 Jan
102.11 Jan
June 1967-1972
.
101.16 Jan
Apr
6
106.28 Apr
30
109.15 Feb
18
101.15 Jan
2
106.16 Apr
8
100.23
106.29
1954-1956
108.17 Aug 12
108.17 Aug
107.14 Apr
12
v
3
.1956-1959
104.22 Sep
June 1959-1962
100.29 Jan
21 104.16 Apr
5
101.4
Jan
4
3
102
Apr 29 "*102
Dec. 1959-1962
1947
June 1949-1951
104.7
Dec. 1948-1950
Jan
103.7
Jan~5
17
103.9
Jan
103.22
Feb~6
17
Sept. 1949-1951
Treasury
2s
March 1950-1952
Treasury 2s
Sept. 1950-1952
Treasury 2s
1951-1953
102.22 Sep
Treasury 2s
1951-1955
103.13 May 16
Treasury 2s
June 1952-1954
102.18
102.26
*102.23
*102.28
102.30
*102.27 102.29
♦102.29 102.31
•102.28
102.30
♦102.26
102.28
*102.28
102.30
102.25
*102.24
102.26
♦105.2
105.4
•102.25
102.25
*105.6
102.27
102.25
105.8
*102.31
*105.7
103.1
105.9
-
*101.2
101.4
*101.1
101.3
*101.3
101.5
*101.2
101.4
asked
price.
No sales
transacted
*101.1
*101.2
this
101.3
101.4
day.
a Odd
/.<
*102.14 102.16
102.25
*102.30
1C3
*105.7
105.9
*105.9
105.11
*101
101.2
*101.1
101.3
*101
lot
101.2
transaction.
*101
101.2
2,000
2s
—
Treasury 2s
__
Treasury
Treasury l%s
Treasury IVis
107.26
Feb
108.21
Nov
100.27
Jan
105.1
Nov
100.15
Sep
101.12
July
Dec. 1952-1954
1950
Dec
102.26
Sep
103.28
Oct
102.9
Jan
104.24
102.20 May
102.27
; 100.27
Dec
Apr
July
Jan
Jun
Oct
102.26
Oct
101.29
Jan
103.5
Dec
103.8
NOV
Dec
102.21 July
103.4
Apr 26
24
103.1J Aug 20
102.25 Sep
24
104.3
102.10
.
Feb
103.16
100.25
Jan
103.30
103.13 May 16
103.1
Sep
103.1
Sep
104.26 Feb
18
100.17
Jan
104.4
Dec
104.29 Feb
21
100.13
Jan
Mar 15
104.14 Jan
1953-1955
1948
100.18
102.26
Dec. 1949-1951
♦102.24
f 101.15 Dec
Oct
108.21 Nov
104.24
103.9
2s
*102.16
100.30 Jan
*'
Treasury
102.31
Feb
101.24 July
,107.28 Dec
.
102.3
Apr
Apr 29
March 1948-1950
Treasury 2s
17
102.15
102.27
Feb
102.3
Dec
106.15 Aug 12
106.15 Aug 12
102.15
102.18
102.2
1952-1955
*102.13
*102.29
100.20 Aug
.Dec. 1967-1972
-1951-1953
Sep
*
,
Sept. 1967-1972
Treasury 2S
Treasury 2s
.
105.24
Jan
4'
i
Jan
4;
1965-1970
.1966-1971
.
*102.13
*102.25
Dec
108.4
102.16
*102.16
Sep
107.15 Apr
107.25 Jun
107.27 Apr
107.4
Apr
1/
102.16
102.22
Oct
105.22 May
*102.14
102.26
106.6
105.19 Aug
*102.14
*102.23
1
106
106.28
102.18
102.22
116.16
17
*102.15 102.17
•102.24
113.30 Oct
Jan
28/
f 102.16
*102.17 102.19
113.20 Nov
Jan
102.18
J02.25
110.15 Mar
107.15 Jan
102.17
102.28
Dec
106.11 Mar
107.5
2
♦102.16
102.18
Apr
114.25
105.29 Aug 19
108.4
Jun
7
♦102.15
•102.26
111.27
Jun
112.10 Jan
17
Nov
108.27 Aug
115.26 Jan
112.17 Aug
105.14
112.21 Aug 23
106.16 May
—
^ Treasury 2Vis
10,000
'..Highest
106.13
102.17
*102.23
and
Year 1945
Lowest
104.27 May 18
102.17
*102.16
of
104.14 July 12
*102.15
•Bid
the only transactions
range for the year.
„
*102.15
-T'
the
Range Since Jan. 1
Lowest
Highest
106
2Vis
2 %s
2 Vis
2%s
104.19
"*102.11
16%
750
113.2
2Vis
2 Vis
2Vis
*104.17
.
720
—
2Vis
Treasury 2Vis
"
102.2
*105.17
*106.31
—100
112:21 Jan
Treasury 2%s
103.3
■
2%s
2%s
2V2s
2%s
Treasury 2 V&s
103.25
103.4
*103
♦104.29
41%
74
14% /
Range for Previous
Treasury 2%sZi—
♦112.7
t».
V.* 106.24
are
computing
-
*104.29
4
unless they
in
—
*103.8
106.24
12
Exchange
r
—
102.25
*106.29
••-
Treasury 4%s
1947-1952
Treasury 3 Vis ———1949-1952
Treasury 3s
1951-1955
Treasury 2%s
1-1955-1960
Treasury 2%s
1948-1951
Treasury 2%s
—.1951-1954
Treasury 2%s
1956-1959
111.18
♦102.25
*112.8
V 105.5
ioi
39%
1,730'
'
112.11
♦105.3
43%
:
;
.25. .V 69:
26%
STOCK EXCHANGE
113.26
*106.22
97
Nat'l Bank & Trust_17%
BONDS
NEW YORK
;
.
*113.24
,
41%
25
Sterling National
270
264
12 V2
points:
GOVERNMENT
the Week
Bonds ($)
High
*112.9
.V.
■
20
100
YEARLY
-
Sales for
Sept. 27
Low
*108.30
■
•
v. '•
105
17ya
1,900
50
~M 53
54%
56%
25
Co
New York Trust
54%
323
16 Vz
100 1,850
PRICES
Wednesday
Sept. 25 :h'/Z;
Low
High
*103.21
CLOSED
SALE
7Sept. 24 7 7/
Trust
19%
Federation Bank
Figures .after decimal point represent
■■;
Tuesday
■:
Sept. 33 7
High
x—
STOCK
'•
Manufacturers
are "and interest"—except for income and defaulted bonds.
Cash and deferred delivery sales are disregarded in the week's
range,
outside of the regular weekly range are shown in a footnote in the week in which
they occur.
No account is taken of such sales
The iffllic letters W the column headed
^Tnterest^Period'Mndicats; in ?each?ca$e the month when ihe bonds mature,
♦'<il
314
i—ilO
210
200
i——100
Morgan (J P) & Co, Inc
National City Bank
when
S'
-
40%
45%
NOTICE—Prices
-
100
—
Kings County Trust
Lawyers Trust
43
WEEKLY
•
.
AB£
190
—
—
Guaranty Trust
Irving Trust
106%
,43%
Trust—loo
Grace National
45%
102%
Exchange Bank & Trust_20
Empire Trust
50
26,228,000
Bid
123
Bond Records«» New York Stock
and
$129,288,000
40
First
week,
930,000
$2,093,000/ $63,283,000
Continental Bank & Trust—-10
102.67
the
384,000
Corn
103.13
September 24
^
9,339,000
5,000
September 27
Pulton
390
118
20
Friday,
30%
375
J.00
$53,560,000 $102,130,000
133,000
Ask
28%
100
Commercial National Bank &
Trust Co
:V;;
166.56
i
York
Central Ranover Bank& Trust 20
Chase National Bank
15
Chemical Bank & Trust
10
Total
Utili¬
Bid
Manhattan Co.__10
New
Brooklyn Trust
10
First
.
of
Bankers Trust
Bonds—
10
Exchanged
Bank
81,332,338
City Banks & Trust Cos.
Quotations for
of representative itocks and bond*
27
1948
1946
112,539,695
$1,955,000
,
2,000
New York
Stocks
September 21.
$1,492,000
Jan. 1 to Sept.
2,321,460
$1,250,000
"
'
■
the New York Stock Exchange as compiled by Dow, Jones & Co.
Date-
278,000
293,000
226,000
Bonds
.
Domestic
Par
30
323,000
35,000
2,223,480
Foreign government—
Stock and Bond Averages
Below
V
41,000
$32,794,000 $1,023,541,100 $1,810,655,810
*
•
■
$372,000
- 74,000
Weefc Ended Sept. 27
~. 1946
1945
Stocks—No. of shares
-r*-
■
Total—
.
::
»
266,578,314
278,614,385
'•
'■
$125,000
1,335,000
31,334,000
$35,384,200
it-]'
-j
-r% *r
Jv
20,000
..
-
$2,000.
$2,000
1948
1946
.
6,034,041,
34,065,200
-
—
Total
/#
*
Closing
Total,.
,
Foreign corporate
•
5
Total
Corporate
^
$70,000
303,000
483,090
__
■■
Foreign
Government
$300,000
260,120
7,484,200
6,454,000
'
Bonds (Par Value)
Foreign
;
Saturday
1
Monday
5,290,000
v
"•/
$119,000
——-
:v/>^
Domestic
^ Jan. lta Sept. 27
.
1945
1,200,000
„
Railroad & Industrial
r
VVV'VvV'r-T'■'
Saturday
$6,799,000
;; 9,357,000
$119,000
%
r„
•; '•
•
—
Foreign
Week Ended Sept. 27, 1946
;' J-
;
$1,200,000
-
8,421,740
——.
—
'
*
284,000
Sales v
r '
$102,000
4,000
13,000
149,000
170,000
.:
Week Ended Sept. 27
i
?
1946
•
••
(Number
•X\v of
Shares)(
,
,
4. i.
Stocks—No, of shares
$203,000
394,000
8,959,000
4
Bond
Bonds
Closing
Stocks
Total
Government
Bonds
Saturday
2,114,550
v
-
:
Foreign
'
£
'
Curb-Exchange
Daily, -Weekly and Yearly
i!§jl|
rtl-£yUnited States
Bonds
*'
;
■
'
V
Shares ;.
,
Raturdav
Mondav
"f Railroad '
and Miscel.
Sfocfct,
,
"
Monday, September 30,1946
Transactions ai the New York
Exchange.—~
Daily, Weekly and Yearly
*
.
s.'iuiIoV
>df
r
28
104.6 ' Dec
106.12
101.14 May 17
101.3
Sep 20
Dec
Jan
101.31 Mar
101.9
Jan
101.23
102.17 Mar
100.26 Aug
101.19
,
.
10642 Nov.
Apr
Dec
Volume
164 ;
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4529
NEW YORK BOND RECORD
RANGE
L
j»" 'v-f
Interest
Period
;
Ian
>
Sale Friee
U. 8, Government
ENDING
SEPTEMBER
or Friday'*
Bid & Asked
£ov« ,**0* £■ I
Bonds
°
Sold
NO.
New
Range Since
York
Stock
V
Exchange
I
: Loto
IWdll
Interest
>.
Last
' Wfcek's Banco
or Friday's
^ Ported,, Bale Prioo
Janaary 1
;fr
High
Colombia
New York City
A 6s
Transit Unification Issue—
3%
27
BONDS
Week's Range i«££*£V«» A *i *"•
Wday.
—
WEEK
FOR
of
A 6s
Corporate StocK
3s
of)—►
(Republic
1928
of
f
s
$
91%
81 %
90%
58%
70
51%
56
i
59%
6%s
___1947
1926
1946,
loan
51%
1947
ASinking fund 7s of 1927
51V*
1952
1953
Members
Telephone
New
York
&
111
1949
4%s
106:,
104
108%
Stock
1977
1953
109
A Public
1945
162
5%s
(Rep of) 8s ser A.1951
ASinking fund 8s series B
1952
20-year extl 6s
1942
Exchange
*103'/a
Teletype
t
I 120
Broadway,
New
York
NY 1-1693
98%
99'/a
99%
1962
98
1942
*101%
1940
*100%
5%s—,
1940
*100%
1961
101
1969
*101
,1969
*101
5 A Dominican Rep Cust Ad 5%s
5 A 1st series 5%s of 1926
5A2d series
sink fund
5%s
AGtd sink fund 6s-,„
1948
6s
(King of Norway) 4s
SAAntiquia (Dept) coll 7s A
{AExternal s f 7a series B—
{AExternal
{AExternal
AExternal
f .7s 2d series
f
8
external
4%s
Apr
100
100
104%
Australia
997/8
06%
7s stamped
1949
194ft-
•
<>
110
109 % 110
1UH%
104
105
102%
106%
101
101%
100 V*
103 V2
10-year 3 %S———1956
101 y8
101
101%
101
f
External
s
f
7s
1U>
external 8s
(State Mtge Bk) 7s___1957
(Colombia) 6%s
1954
*
to Nov.
4s of 1904—-J
AAssented
to
>AExternal sf 6 %s
:
"
Nov.
5,
1942,
1942,
AAssented
82%
76%
62%
85
agree
1957
3%s
External
16
—
1942, agree
—
.—1959
f
s
2008
104 y« 104%
1956
fund 4%s
1965
External
sink
4s sink fund
104%
104% 104 Va
1963
104 '/8 104 %
1970
extl loan
Municipal Bank extl 5 f 5s
Oslo (City) sink fund 4 % s—
1979
100% 101
.1957
5s—
Norway (Kingdom of) 4V28
1931 due„1951
$ bonds of 1944
Series
—
*14
*177/a
(Int reduced to 2.125%)
New South Wales (State)—
Stamped pursuant to Plan A
External
*18%
*24%
Stamped pursuant to Plan A
Stamped pursuant to Plan A
(Int reduced to 3.5%)———1978
(Int reduced to 3.375%).
10%
1933
ASee external s f 6l/2S
1979
A7s (Central Ry) ———1952
funding bonds of
5,
19 jA
—
10%
Stamped pursuant to Plan A
(Int reduced to 2.125%)___2008
1979
Stamped pursuant to Plan A
(Int reduced to 3.375%)
5%
*16V8
Mlnas Geraes (State)—
ASeo external s f 6%s..'—1958
Stamped pursuant to Plan,
(Int reduced to 3.375%)
AExternal s f 6%s of 1927
*21% — "
1945
to Nov.
—
*12%
agree.
5,
Nov.
to
•'
11%
*21%*
1954
SATreasury 6s of 1913 assent
118
60
0fl926——1.1957
AAssented
110%
64%
t.
*10%
A Assenting
: 115
111%
1941
Stamped pursuant to Plan A
(Int reduced to 3.5%).——1978
102
1960
*13%
-
103%
iqss
1955
{ABrazil (U 8 of)
r
.
r
95%
1960
*
AAssenting 4s of 1910
s
100
1943
101%
External
11
1952
.
6, 1942, agree
AMexico (US) extl 5s of 1899 £—.1945
A Assenting 5s of 1899
—;
—1945
AAssented \ to Nov. 5, 1942, agree
112%
105.
101%
Belgium external 6%s———.1949
11%
1968
part paid——..;
(Republic) s f 6s series A
AAssented
102
(Commonw'lth) 5s of '25.1955
External 5s of 1927——1957
External g 4%s of 1928—b——.1956 '
f
—
1967
Mexican Irrigation-*-*
A4%s stamped assented
104
100% 100%
997/s
__
101%
part paid..—...——.—.—1964
AMedellin
mv*
*99% 100%
1972
—
A Jugoslavia
33
100
,Q7i
,
8 f extl conv loan 4s
98%
—
33
1948
B f eonv loan 4v>*
Republic
7s
Helsingfors (City) ext 6%s
Irish Free State extl s f 5s
33%
307/e
AAntwerp (City) external 5s
1958
(National Government)—
I Argentine
Haiti
37%
30%
_
(Republic of)
unstamped
A 6s
37%
34
28
7«
A7s
38
3b
f 7s 3rd series__1957
s
series-
—
Greek Government—*
38
34%
1957
sec
i
104%
1957
s
85
.
: 34
1945
AExterial sec
AExternal
>
1945
f 7s 1st series—
2d
French
85.
77
1945
f 7s series D
s
s
177
1968
1945
f 7s series C
s
series
AEstonia
;■
1947
AGtd sink fund
.
Akershus
-
1st
5%S
fi.H^KGirForel^
Agricultural Mtge Bank (Colombia)—.
*95
100 7/a
...1955
(Plan B)~
*99%.
APanama (Rep)
1
Series No. 3——.—
extl i f 6s ser A.1963
A Stamped assented 5s——1963
Stamp mod 3V4S ext to
1394
3%s
'
♦100%
3%s
£■]
Series
Ext
——1967
*104
-105%
1947
*—
41%
*13
20
No.
3%& Series - No. 2—...i..........
No.
No;
3%s Series
4
5———..—
3%s Series No.
6—
3%s Series
'
APieru
,3%s Series No.
■
3%s
I
Series
(Rep of)
2008
external 7s—..1959
s
f 6s lst.ser....l960,
(APolafid (Re0 Of), gold 6a..*.—,—1940
A4{/2S assented—1958
^
No.
13
-Series No;14——.
A Stabilization
loan
I f
*21
7s——..1847
—
J".:
.
►
A4%s
,
sink fund
gold 8s
*11%: 14
1963
A4Vas assented——
3%s Series No.
;ri2y»r la1/*---—Ar14% 15-• I.
'3 •"
-1968
1950
assented.
AExternal
17
Series 'No; ^8—k.—■
3%S flgrtoa. Mn; lfl .
^Ill:'- •'
i
3%s. Series »>• ««
i j
t|
■
1"
)
2006
*31%
38%
I
APfague (City of Greater) 7%s—.1952
*78%
—
-,
A Porto Alegre (City of)
*3%s Series No. "21—;
3%* Series.No.- 23,
'
3%s Series No. 24_
f.i 13%s Series No.25—
3%s
Series
No.
!
Queensland l(!8tate)'extl 6s
f A Rio de Janeiro (City of) 8s.
26
73%s Series NO« 7?
•
'"
riTr •,?/'-■,
•,
,
,
'
*
—
Refunding
External
f 4y»-4%s
readj 4%-4%s
I
1976
fl:-External;* 1 4%-4%x
!
107s
I
ZJb external i f t bonds—^—.1984
|
Canada (Dom of) 30-yr 4a——I960
25-year 3V4B__.
1961
2%s ^.—3.
:
Jan 15 1948
P ACarlsbad (City)
1954.
108%
112%
;
108%
114%
100%
63%
22
I- i V
20%
-
assented-4i^——..1942
A7S
AExtl
y
a..
f 6s
A 6s
A 6s
*—
.-t;
44%
(Int reduced to 2.25%)
2004
municipal loan
—1967
Stamped pursuant to Plan A
A 7s
(Int reduced to
2.25%)—J1004
s
.—Sep 1961
Sep 1961
21
30%
21 y4^
30%
21%
20%.
24
21
sinking fund 6s——1963
.———1963
For Financial Institutions
30%
30%
30 y2
1962
assented.—!
*33 y».. 38%
22% X 30%
assented—1962
AExternal
A 68
Feb 1961
sinking fund 6s
37%
..39y»
30%
.—Jan 1961
assented—
*
30%
21
.——.Jan 1961
sinking fund 6s_,
AExternal
r
s
assented
A6s
»30
22%
fund 6s..—.Feb 1961
sinking
37%
*36
Stamped pursuant to Plan A
(Int reduced to 2%)—-—2012
A7s% external loan of 1926——.1966
30
1960
A0s .assented
ARy external
f,
1960
A6s assented
AExtl
102 y4
47
] ACbile (Rep). External« f Jsa^-.1942
AExternal sinking fund 6s_
Stamped pursuant to Plan A
•? (Int reduced to 2.5% )—-.1999
sink fund gold
1968
Stamped pursuant to Plan A
;
: ;
Rio Grande do Sul (State of)—
A 8s extl loan of 1921———1946
AOs external
1976
s
—2012
(Int reduced to 2%)
Sinking fund gold 5s
_1958
Sinking fund gold 6s
1950
r - Buenos Aires
(Province of)—
■i
A6s stamped--.
——1961
fel Exfernal s t: 4 % *4% s^w——1977?
i v
..1953
Stamped pursuant to Plan A
Brisbane (City) 8 t 5s——.——1957
i
100% 100%
2001
(Int reduced to 2.375%)
sec 6%s
AExternal
;
_
100%
..1947
1946
Stamped pursuant to Plan A
3%s Series No., 28—
—
ii.
3%s Series No. 29—i
3%ff Series No. 30
:
8a——.—.1961
Stamped pursuant to Flan A
(Int reduced to 2.25%)
3 %s Series No,'. 22—
I;
—
Stamped pursuant to Plan A
(Int Teduced to 2.375%)——..2001
AExternal loan 7%s
.—.—1966
,-.3%s
■
|
7s
ANat loan extl a f 6s 2d ser—.-1961
:,3%s Series "No.. 15—
3%s'Series No. 16————
m
:
of)
__
3%s Series No. ** -y,„r
•
fl|'--l3%s
t
(State
ANat loan extl
<.
3%» Series No. 10-..—,.^,,.——^
I
ref 3V2S series B_.
—
99% 199%
Stamped pursuant to Plan A
(Int reduced to 2.125%)
...
(#*";i.:.3%s:-'8eries, No; -8
ii.*
r]
3%s Serteff N<H 9—.——
| t'r
sec
APernambuco
7
No.
y4
29%
SECURITIES
FOREIGN
•
y
V}!t i.
\
'»■
"•
"r i
*.
'"'t
.
I,1-
A
y-i'f '
'
v'lH';; I '• ^
?.*V
»
30%
24%. ' 30%
21%
30%
FIRM TRADING
MARKETS
..-..J
/ ACbile Mortgage Bank 6%s——1957
A6'/2S
'
assented..
1957
ASinking fund 6%s
^.1961
A6%s assented-l—.—1961
—
■;v;
•
'
•
AGuaranteed sink fund 6s
A6s
IA6s
i
'
'AChilean
yj
A 7s
1961
assented—
6s
^.-—1962
assented
Cons
1962
Munlc
7s
1960
assented
||.;AChinese
For
1960
(Hukuang Ry)
footnotes
see
FOREIGN SECURITIES
SPEC1RIISTS
'
1961
AGuaranteed sink fund
:
5s
,page
1951
1613.
170
—I
98
1955
113
;
—
*103'/a
JADenmark
External gold 5%s
External gold 4%s
115
110
Customs Admin 5%s 2d series
REctor 2-2300
39
23
Sinking fund 5%s
Call
99%
1951
1949
4%s external debt
wks
58
100
91
88%
,
A Czechoslovakia
fllWERTHEIM
High
1970
Copenhagen (City) 5s
25-year gold 4%s
:
ACosta Rica (Rep of) 7s
Cuba (Republic of) 5s of 1914
Foreign Securities
Loto
-
81 ya
bonds
Mtge Bank
Sinking fund 7s of
External
Janaary1
High
Jan 1961
1927
external
Loto
Oct 1961
AColombia
A
«,
Range Slnee
BM * Asked
,
50 Broad SI.. New
Telephone HAnover 2-0050
*
York 4, N. Y.
Teletype N. Y. 1-071
22 ;
.19%
102
101%
104%
■
THE COMMERCIAL & FINANCIAL CHRONICLE
1610
■
Monday, September 30, 194$
,
NEW YORK BOND RECORD
RANGE FOR
SEPTEMBER 27
ENDING
WEEK
W: BONDS
New York Stock
Week's Range
Friday
Exchange
Interest
Period
>>
Last
Friday's
or
Bale Price
Buffalo Rochester & Pgh
Ry—•
Stamped modified
(Interest
3% to May 1, 1947) due
Railroad Reorganization Securities
Bonds
Bid & Asked
Low
Range Since
Sold
High
January 1
No.
Low
1957
Jf-N
62
92%
31
58
{Burlington Cedar Rap Sc Nor—
{A 1st Sc Coll 5s
1034
'
.
A-O
30%
ACertificates of deposit
Bush
PFLUGFELDER, BAMPT0N &
Broadway
61
1st
Consolidated
Bush Term
i Members Item York, Stock, Exchange
Telephone—DIgby
Terminal
*..
4s
1952
5s
>t
"• +
-
Bell
»
Friday
New York Stock Exchange
Interest
Last
Sale Price
Bid & Asked
Sold
Low
No.
High
M-N
48
2001
f
.i 45
1957
39%
45
2012
71
65
71
yfi
^i:
•
69%
55
(Int reduced
5 A Secured
x
s
f
2004
J-J
55
64
J-J
54%
J-J
54
A-O
mvs
A
7s
series
A-O
64
9%
~
B
extl
sec
1962
Jf-N
1958
J- D
A4%s assented.,-...-^,.,_.^_i958
Sydney (City) s f 6%s
1955
A
Uruguay (Republic) extl 8s
1946
J-D
A Silesia
(Prov
of)
extl
7s_
11%
8%
*15
*10
15%
1960
Jf-N
.123
AExternal sink fund 6s..fM...^u.1964
Af-N
kl5
fund
6s
3%s-4-4%% ($ bonds
of
External readjustment
External conversion
3Ve-4Vb
jf
21
gold 5s.
gen 5%s series B
&
4i«s
extl
A4%s
96%
1979
(4%%
123
97%
86%
94
99%
98
98%
90
99%
*—
88%
83
91
1958
*_.
20
18
21%
1958
*~
13%
14
18
Alabama Power
1st
mtge
I
1967
3'/2s
2d
consol
Foreign Pow deb 5s
debentures
2%s debentures
Anglo-Chilean
135%
130% 136:
101%
101% 101%
102%
101% 102%
deb
A-0
J-J
A-O
A-O
1967
99%
General
Adjustment
99%
-Z 65
4s
Atlanta
Sc
Charlotte
99%
103
f
Atlantic
103%
98//
96%
*_.
-
101%
128
92%
98
'
126% 128
114%114%
114
*
1071/4
*
30
^
8
f
114%
V-"-
^
5
imrnm
M-N
114% 131%
104 % 104%
104%
107
M-S
103 'A 104%
103
113
102 ;
J-J
105%
V40 C
102
1
1946)
30
30%
30
ioiy2
101
J-J
1966
J-J
101
38
Ref Sc gen ser C
1995
.
__
__
IMedo Cin TMv T#»f
j,
Ar
A
in*a
,
*
4s
v
38%
'
J-D
105%
07%
.559
68%
256
'70% .77%
,77/
113
'•
59
M-S,
67
99
5s series H_
1st gold 4%s series JJ
/
F-A
M-N.
J-J
...
•> ■ >■>:.
67%
67%
58
245
68
50%
42%
52
96%
96%
58
a
I
mtge 2%s
Buffalo Niagara El
-320
//
;
-
96%
93
58
96%k
42%
#87
■-■31',/
94%.
94
■£$
.....
.
88'/4
D6%
33
71
.7-.
-
For footnotes see
page
j-j
M-S
101%
97
92
103
..
:
O
p
48
50
M-N
1
105% 106
'
106
1517a
107 y*
105
9
105% 105'/a
107%
2
128
135%
124
31
37
36%
J-J
F-A
119%
119%
109
109
1
35
99%
1061/4
98'/a
23
96
1033/a
397/a
46%
126
98'/a
42%
'*_.
J-J
94 y2
86%
90
47%
88
104 y8
144
140
__
43
47%
397a
90
*140
w—
J-J
109%
:i
96%
—-
J-J
647a
31
469
991/2 10O
109
F-A
F-A
—
—
109% 112%
112%
1985
104%
128
*122
A-O
1
123
128
J-J
1997
102
136
103%
861/2
99%
43
12
126
1983
62
2003
37
61
62%
31
1956
'
105
112
37
»—
83
61
.
58
107%
—
104% 105 '/a
105
80
31
79
<
110%
47
104%
1057a
82%
74%
82%
253
7474
107%
57
48%
58
898
48
70
60
70
509
60
1989
967a
98%
4
102% 102%
102%
53%
54%
6
71%
448
46
38%
461/2
51%
44
511/2
94//
24%
19%
24%
644'/
f-V
:
—i
■-<%.'
■
107
64
671/2
*—
>v
64
38'A
/
■i 43
l
19%
7274
81
3974
105%
83
83
103
100
102
110
100%
106.
.
*__
__
7,1
106 yb
92 vb
64
19. J'W
1,223
v
106
•
■
mtge 3%s series F
J-J
98%
J-J
83
.
1963
105%
105% 105%
tJ-J
104 %
104 % 104%
1952
D
J-J
1963
4s
100
~8
J-J
1962
106% 107
M-S
*
105%
8
A-O
43%
A-O
45
M-N
*55
1975
A-O
F-A
103% 103%
1st mtge 2%s
43%
43%
107%
2
42%
42%
63
777a
100
.78
,,
108%
112y#
105:
15
45
43%
108%
104
1067a
42
103% 103%
1943
100
10574
-
6
105% 105%
1952
10774
?
S3
13/
w.
1957
103 Ye
18
63
1077s
•*>
1969
c.
1974
-
112
;
112.
16
113%
102%
1
112
107 y«
1966
J-D.
99 %
99%
■mi¬
991/4
1961
J-D
83
86 %
ll
S3
Cleve Cin Chic & St Louis By—
General gold 4s
1093
General 5s series
..1993
Ref
i
%
&
Wab
impt 4%s series E.
M
&
St L Div 1st
J
Cleveland Elee
*
Cleveland &
107
106
56%
87
c
51
»
103%
F-A
108
—
:
—
991/2
108 Y*
52
3
,
•• •
—
-
106%
84%
102% 102 %
100
\
..1948
M-N.
gtd—
..1950
-.1961
A-O
..1972
A-O
1057a 106%
13
_1973
A-O
105
105
10674
32
105
105%
117
93%
F-A.
;;
105
:110%
*
110%o
—
gtd 4%s_
*104% 104%
107% 116%
*107% 109
—1977
A-O.
105
M-N
52
M-S
Columbus Sc Tol
1955
F-A
1977
F-A
(stamped modified)
45%
56
52
*104%
A-O
106%-".
103
105%
105
t
110
108%
104% 108%
•
45%
84%
"
105
106%..,
1
108%
111%
116
116
12
107%
110
111
■
—
109 y2 109%
111 '
"i—,
60
1st extl
4s
—»*■
.
<0%
<*115%.
—.
Commonwealth Edison Co—
85
103%
105%
106%
106%
Consolidated
107W107%/;
Consolidated Edison of New York—
^
X
106 y8
100
gtd
*78%
108% 108%,
1st mtge 3s series L
Conn Ry & L 1st & ref 4%s
Conn River Powr s f 3%s A
102%
102%
79
107%
*95
Columbus & H V 1st extl gold 4s_1948
Columbus & Sou Ohio El 3%s
1970
.
104
3
100
78%
M-N
J-J
'
2
J-J
108% 121
78%
-1990
4-u
—1980
4%s
109
106% 106%
Af-N
74
-1991
1st s f 4%s series C
Colorado & Southern Ry—
49
'
J-J
-1970
Cleve Union Term gtd 5%s
1st s l 5s series B
gtd
106%
87
107
•
*..108%
-*119.
J-D.
-
4s__„
Z
107%
105%
82
-
1st
J-D
-
coll tr gold 4s.
3 s.
Pittsburgh RR
i
105%
102% 102%
—
Div
.1977
Ulum
C 3%s
Series D 3%s
'•
133%
100
'/
5
103% 103%
*106%
.101
——
,
89%
56%
105%
97
107
88
M-N
F-A
Jf-N
98%
*95
104%
127%
102 ya
106
..
101 ;
*95
—.
J-J
M-S
1613.
106% 113
—
64
4s
Cleve Short Line 1st
127% 128
Jf-N
mtge 2%s_1975
105%
—
46%
136% 136%
J-J
1970
B
ser
*102
F-A
1977
City Ice & Fuel 2%s debs
City Investing: Co 4s debsr.
4-
92
A-O
.1076
1st
B
3s ser B_
Series
.1969
debentures
Gen
series
1st mtge 2%s ser G
98%
98
,1947
4s
J-J
Jtf-N
Cin
94
M-N
.1960
—
*42%
108%
105
2
16
53%
,
.1
98
1961
July 1970
{ABoston & N Y Air L 1st 4s
1955
Bkljrn Edison cons M 3%s
.1966
Bklyn Union El 1st gold 5s
.1950
Bkljrn Union Gas 6s series A
4%s
mtge 3%s
mtge 2%s
...
58
J-J
.1955
1st mtge 4s series RR
ATnc mtge 4%s ser A
60'/a
52
'
M-S
1960
.1967
*105%
M-S
1958
Cincinnati Union Terminal—
1st mtge gtd 3%s series E
•
70% 103
.
98%
1st M
—
105
105%
{JAChilds Co deb 5% part paid—
§ A Debentures 5s part paid
{AChoctaw Ok & Gulf cons 5s
105
'
68
J-D
M 00
1951
.1970
Boston & Maine 1st 5s A C
105
105
—
Chicago Terre Haute & S'eastern Ry
'
1st Sc ref M 2%-4'As
...1994
tlncome 2%-4'As...
1994
Chicago Union Station—
&
08%
.1951
Beneficial Indus Loan 2%s
Bethlehem Steel Corp—
Cons mtge 2%s ser I
F-A
61%
56
351/4
——
71%
.
.
97%
—
•v-y I- V
-1951
stamped.
Beech Creek Extension 1st 3%s
i Bell Telephone of Pa 5s series C
105
^—.—.-^-.^..1051
Memphis Div 1st gold 4s
1951
Z.
.1
.23
Gold 3%s-^
Bangor & Aroostook RR—
Con ref 4s
'
33
Cine Gas & Elec
£••
A-O
(Int at 1%%
__
28%
—-
1996
.
1st Sc ref 4'As series
v.;-v4
to Dec ,1 1946) due
.JI995
Ref Ac sen ser D (Int at
1% to
Bep l 1946) due
2000
Ref Scsen ser F (Int at
1% to
Bep -1 31946) due
1996
A Conv due—
__Feb 11960
Pgh HAW Ve System—
Ref )gold 4s extended to
1951
-S'west Div 1st M (int at
3%%
to Jan 1 1947) due.
1950
23
F-A
1989
1st mtge 2%s ser G
Chic & West Indiana conv
July 1948
_
24
53%
49
...
due
26
217
1988
118y2
38
Ref Sc gen ser A (int at
1% to
Dec
A-b
1996
gold 4s
3%s
AGeneral
bends—
due
126
30'A
ACertificates of deposit
§ A Refunding gold 4s
1934
JASecured 4%s series'A..—..1952
A Conv
gold
"
iQfin
Chicago St L Sc New Orleans 5s
1951
,
>t0
Oct 1 1946)
31%
24
■
Railways 1st 5s stpd
25% partial redemption
.1927
{Chicago Rock Island & Pacific Ry—
-
July 1948
.m
pm —
26
26%
J-J
M-N
1st
Stamped modified
106%
1985
1st mtge
126% 141'
114
124%'
J-D
1948
Baltimore Sc Ohio RR—
1st mtge gold 4s
98
94%
29%
{§AChicago
1948
Refining 2%s debs
109%
#
Chicago & North Western Ry—
2nd mtge conv inc 4%s—Janl 1999
99%
104
1964
4s
44%
108
*109
Milw St Paul & Pac RR—
1st mtge 4s ser A.
1994
Gen mtge 4%s inc ser A Jan 1 2019
4%s conv inc ser B
Jan 1 2044
Ry—
July 1952
General unified 4'/2s A
Sc Danville Ry 1st
Second mortgage 4s
85
Chic
100%
102% 105%
111-^
114%
1963
Atlantic
33%
67%
37
1989
mtge 4s inc ser A
A2d mtge 4% inc ser A
Chicago Ind Sc Sou 50-year 4s
*
."r/'f'V):
1946
1st mortgage 3%s
Atlantic Coast 1st cons 4s
107%
107%
99%
,
;?
July 11995
Line
159'/a
101
91
>104
96%
.July 11995
Air
'1st mtge
104
101:
.
48''f
1031% 104%
:
1995
gold
Stamped 4s
Atl Knox & Nor 1st
gold 5s
33%
10%
29
..1992
A 1st
1031/2
Q-J
4s
87%
10%
74
Chicago & Erie 1st gold 5s
...1982
Chicago Gt West 1st 4s series A
1988
AGen inc mtge 4%s
Jan 12038
110
130%
Atchison Topeka Ss Santa Fe—
;
116%
101%
199
104%
Jan
-..1995
Ann Arbor 1st
gold 4s
47%
14%
15
{Chicago Ind & Louisville Ry—•
19G9
Nitrate
109%
97
M-S
52
35
J-J
1965
Chicago & Eastern 111 RR—
AGen mtge lnc (conv)
105%
106%
F-A
1962
3s debentures
,
A
104 %
114 *
*114
103% 105%
1986
_
103%
__
1975
Amer Tobacco Co deb 3s
102%
105%
1980
2%s
105%
S?
2030
debentures
1st & ref
104%
106% 107
J..
American Telephone Sc
Telegraph Co.—
3s conv debentures
1956
2%s
1st Sc ret
104%
*102% 105
1972
;
*__
J-J
1974
4%s
General 4s
*..>102%
1947
96
108-
11%
A-O
{AChicago & Alton RR ref 3s
1949
Chicago Burlington Sc Quincy RR—
-
INDUSTRIAL COMPANIES
*100
Albany & Susquehanna RR 4'/2s—1975
Alleghany & West 1st gtd 4s
1998
Am Sc
AND
"-74
*—
& Banking Co—
(partial redemption) ..1942
1st & ref
RAILROAD
105%
J-J
1987
impt mtge 3%s D
Ref & impt M 3%s series E
R & A Div 1st cons
gold 4s
f
?
1984
1948
91
103%
'
J-D
1961
Ref &
99%
86
1978
Adams Express coll tr gold 4s
Coll trust 4s Of 1907
Alabama Great Southern 31/48
109
107
12%
14%
1987
Champion Paper Sc Fibre deb 3s
Chesapeake Sc Ohio Ry—
100
87
90%
52
A-O
1987
to Aug 1 1949)
stamp
87
102%
123
123
*100
1978
assented
A-O
1966
4s
85
102% 103%
103% 103%
M-N
1959
registered
General gold
,„^rlP79
conv
1945
*__
103%
§ A Central RR
5s
120
107%
►106% lie
47%
20
104%
1037)—
4-4%-4,/2s extl readjustment
3%s extl readjustment
A Warsaw
(City) external 7s
M-S
registered
1987
Central N Y Power 3s
1974
Central Pacific 1st ref
gtd gold 4s_1949
1st Sc ref series A
25
16
—
121
86%
A 5s
20%
98%
123
116%
103%
74%
*120
sink
111%
41
106
88%
•
*101% 103%
21
105
105'%
74%
Central Illinois Light 3%s
{ACent New Eng 1st gtd 4s
{ACentral of N J gen gold 5s
I
9%
16
F-A
111% 112%
112%
86%
i
8
8%
__
F- A
AExternal
1965
A4s
M-N
123%
J-D
77
,,1062
,.
118%
118% 119 %
F-A
:r
(Kingdom)—
,
6
118%
F-A
A Ref
85
1978
external
119
124
119
..I960
A General
A8S secured
118
116
~7
F-A
A Ref &
gen 5s series C
1959
AChatt Div pur money gold 4S..1951
§ A Mobile Div 1st gold 5s
1946
Stamped pursuant to Plan A
Serbs Croats Sc Slovenes
113%
119
119%
F-A
SAConsol
61
1940
(Int reduced to 3.5%)
119% 125%
F-A
:>
60
2012
2%)_,
1
6
*114% 115%
A-O
'J
1968
to
113%
1981
i
7s
125
1965
61%
Stamped pursuant to Plan A
v
1951
108
105
Branch U P 1st
gold 4s
1948
{Central of Georgia Ry— v , ^ ^
§Aist mtge 5s—
Nov 1945
<?■
Stamped pursuant to Plan A
2.25%)
4%s
A Cent
!
'
60
A68 extl dollar loan
gold
Ry 4% deb stk perpetual
Cart
•
A78 extl water loan
A-O
Celanese Corp 3s debs
Celotex Corp 3%s debs
71
60
(Int reduced to 2.5
J-J
1956
105 %
105
115
113% 113%
J-D
Carolina Clinch & Ohio 4s
Sc Adir 1st gtd gold 4s
43
57
A 8s external
to
J-J
1955
105%
5
6
104%
105
115% 115%
J-J
1970
4%s
Can Pac
/;.■>. Stamped pursuant to
reduced
1957
Oct 1969
105
45
37%
(State) 8s
1936
Stamped pursuant to Plan A
(Int reduced to 2.5%)—.—1999
(Int
7b
119% 119%
A-O
gold
Guaranteed
48
39%
39%
*104
M-N
1902
Guaranteed
i;
:..
'
54
/
—
109
/
106
104
105% 105%
J-D
1974
gold 5s
gold 5s
gold 4%s
Guaranteed
High
>
SASan Paulo
r
Guaranteed
Jannary 1
1976
Guaranteed
1952
Stamped pursuant to Plan A
(Int reduced to 2 %)
1st M3s
Calif Oregon Power 3%s
Canada Southern cons
gtd 5s A
Canadian National gold 4%s
Range Since
Friday's
or
Low
s
105%
56%
107%
87
90
Teletype—NY
Week's Range
Period
A6V2S extl secured
104
87 y2
i960
California Elec Power
BONDS
Paulo (City) 8s
Stamped pursuant to Plan A
(Int reduced to 2.375%)
30%
*105
1055
Bldgs 5s gtd
34%
48%
New 1i
4-1933
5 A San
High
at
105 y4
107 y8
71
100
100
89
102%
106%
Cigar
Corp
3%s
1077a
■
1951
F-A
1965
A-O
*110
J-J.
1961
112%/.;
--
'
*10474
IOI1/4
debentures
1948
A-O
101%
101
3%s
debentures
1956
A-O
1027a
debentures
1958
J-J
104%
104% 104%
8
102% 103
3%s
;
105%
107 v.,/-
103%
—
3%s
•
■■
5
1067a 1067a
:
105%
101
.103
41
/.
101%
14
104%
104%
106%
,.j.a
V-4
■
j;
[Volume 164 ^Number
4529
,THE COMMERCIAL & FINANCIAL CHRONICLE
NEW
V
BONDS
Friday
New York Stock Exchange
Interest
Sale Price
or
Friday's
Bid & Asked
Low
lAConsol Ry
non-conv deb
A
Debenture
A
Debenture
4s
Power
Continental
A
J-J
mtge 2y#s__1975
3s debs
1965
Baking
Deposit
J-J
1st
Crucible Steel 3%s s f debs
t A Cuba Northern Ry 1st 5VaS«
ACuba
J-J
1956
4s
Consumers
1954
1955
„
4s
US
■
J-D
1942
J-O
Sold
No:
1st
Stock
Exchange
January 1
35
36•
36
Last
Bale Price
34%
1970
76
Indianapolis Union Ry.Co—
V Ref & imp 2%s ser C
75
J-J
1950
J-J
1986
Illinois Terminal Ry 4s ser A
Ind 111 & Iowa 1st gold 4s_—.
.,76
36
Week's Range
or Friday's
Bid & Asked
Low
High
Low
-
J-D
-'vi; ;5'f
A-0
44 V
103% 104%
103%
108%
102 %
102% 102%
*102% 104%
101%
106
Inland Steel 1st mtge'?s series
104
High
99
—
99
»—
"
Range Since
Sold
January 1
Low
High
99
No.
106%
3
105%
*95
Bends
98%
105%
106
96%
97%
105 %
107%
international Great Northern RR—
^
*54
102%
58%
55%
F—1961
—
106% 106%
5
—1952
129
59
98
232
16%
54%
A 1st
60
51
80
86
40
—
-
AAdjustment 6s series A—July 1952
46
5s
York
Interest
Period
New
Range Since
36
36
Friday
BONDS
Bonds
receipts
RR
SEPTEMBER 27
104%
J-J
1955
36
High
36
—
:
WEEK ENDING
FOR
Week's Range
Last
Period
YORK BOND RECORD
RANGE
48%
series
6s
A
Deposit
A7%s
A 6s
1952
A deposit rets
ser
ser B
1946
deposit rctg
194ft
43
97
50
92
1956
50
50
92
1944
1947
1972
261
22
A 1st 5s series B
i:
A 1st
gold 5s series C
§AInternat Hydro El deb
.53%
53
43
—1956
Int Telep & Teleg deb gold 4%s„1952
A
gold
receipts
Internat
Dayton Pr & Lt 1st mtge 2%s
Dayton Union Ry 3%s series B
_
Y
Lack
1st &
&
ref
M
A income
Morris
Western
5s
mtge
& Essex
.
C
100
105
100%
104%
102%
102%
105
Jones & Laughlin Steel 3%s
103%
105%
Kanawha & Mich 1st gtd gold 4s__1990
107%
109%
Central Pow & St 2% 8.
Jersey
1973
due
1993
division
O-0011 H.**8—
Delaware Power
W*? *5042
& Light 3s
t Denver & Rio Grande RR—
§ Alst consol 4s
73%
48
1973
108%
110%
Kansas
1936
City Fort Scott & Mem Ry— '
§ ARefunding gtd 4s
1936
§AConsol gold 4%s
1936
i Denver & Rio Grande Western RR—
A General s f
5s
1955
Kansas City Southern Ry 1st 3S—1950
1st mtge 4s ser A
1975
AAssented
ARef & lmptss series
A Certificates
1965
mtge 3%s series G
Gen & ref 3s series H
107% 108%
1966
.
108 %
1970
•••
—
107% 108
106 %
unguaranteed
4%s
60
57
75
104%
50
45%
53%
Koppers Co
•—
116
114
92%
120% ¥
91%
35
1965
•
65%
107%
123%
72
108
108%
1st mtge 3s
103%
115%
104
115%
.1959
tAKreuger & Toll 5s otfs
98%
105
gold 5s__1937
122
1961
1997
1964
Kings County El L & P 6s
*45
91%
105
1961
*58%
—1961
Det Tol & Ironton RR
2% ser B__1976
Dul Miss & Iron
Range Ry 3%s
1962
tSADul Sou Shore & Atl
3s
109
107%
09%
1961
1.1961
—
Plain
107% 110% t
83 %
105%
_
Kentucky & Ind Term 4%s
Stamped
—_
106% 109
85%
70%.
deposit
City Terminal Ry 2%s_—1974
Kentucky Central gold 4s
1—1987
Detroit & Mackinac 1st lien
gold 4s_1995
A Second
gold 4s
1995
Detroit Term & Tunnel 4%s
Duquesne Light 1st M
of
7lW
Kansas
B^IZ^Z^.1978
Detroit Edison 4s series F
Gen & ref
103%
100%
1
James Frankl & Clear 1st 4s
div
ser
7
94%
Cent Amer 1st 5s B
1975
1965
Deere & Co, 2%s debs
1965
Delaware & Hudson 4s extended.
1963
Delaware, Lack & West RR Co—
N
6s
Paper 5s series A & B
Int Rys
93% 101%
107%
'> 54
f
104% 106%
Lake Sh & Mich Sou gold 3%s
1997
—.i~._..1997
4 3 %s registered
Lautaro Nitrate Co Ltd—
Alst mtge
East Tenn Va & Ga Div 1st 5s.
Ed El 111 (NY) 1st cons
gold 5s.
Electric Auto-Lite 2%s debs—
Elgin Joliet & East Ry 3%s
*120'/a
120%
155
157
102
102%
~
105
105
105
106%
.
111
I-.
111
Ill
127%
V
115
124%
124%
series
1st.cons mtge 3%s
f
A
75
ser E
1st cons
ser F
1st
cons
1st
mtge 3%s
mtge 3%s
cons
2s
Ohio Div
103
106
92
106
stamped
fund.5s
stamped
5s
104% 108
—
—...
22
131
^.;c4s
-2003
registered
stamped modified
4%s registered ————
__2003
2003
5s stamped modified
2003
Lehigh Valley Terminal Ry ext 5s.. 1951
Lex & Eastman 1st 50-yr 5s gtd—1965
Liggett & Myers Tobacco 5s
1951
Little Miami gen 4s series A
1962
4%s
Firestone Tire & Rub 3s deb
{Florida East Coast 1st 4%s.
Alst & ref 5s series A
105%
104% 105%
*100% 103%
60
...
65
ACertificates of deposit..
Francisco Sugar coll trust 6s.
Gas & Elec of
Berg Co cons 5s
1949
Realty & Utilities Corp—
A4s conv inc debs
1969
77
(B F) Co 1st mtge 2%s_1965
Grays Point Term 1st gtd 5s
1947
Great Northern Ry Co—
5%s series
B
5s
series
Gen mtge 2%s
ser
102%
107%
104% 104%
107%
1963
103% 104'A
103%
106%
Louisville Gas & Elec, 3%s
.
1966
Louisville: &. Nashville RR—
•7 1st
& ref M 3%s series F—.„i-2003
105% 105%
104 ys
107 y«
107% 108
107%
debentures
ref
1st &
St
Louis
G
2d
I
i
i
Maine Central RR 4%s ser. A
j
97%
79
Greyhound Corp 3s debs
1959
7%
103
1047/a
Gulf Mobile & Ohio 4s series B
Gen mtge inc 5s series A
1975
102
107%
Atl Knox & Cine Div
17%
111% 111%
1955
4s
74%
1960
101
87%
987%
104%
1969
98
104
99%
101%
105%
Jack Lans & Sag
19
&
*90
1970
100%
1962
75%
64
78'/$
64
62
lien
Prior
29%
5s
4s series B
Prior lien 4%s series D
A
Alst & ref 5s series
Central
104% 108% *
RR—
sold 4s
1st
gold.3%s
"
1951
105%
110
:::i95i
Extended 1st gold 3%a
1st gold 3s sterling
104%
104% *'
1951
103%
104%
1952
1955
90
1952
99
106
v Collateral trust gold 4»_^
_
,
■
107
Purchased lines 3%s_
-
v
,—1951
Collateral trust gajd 4s_
Refunding 4s
</
Cairo Bridge gold 4s
—1950
Litchfield Div 1st gold -3s
1951
Louisville Div & Term gold 3%s_1953
Omaha Div 1st gold 3s
St Louis Div & Term
1951
i
90'
104% j:
104% 108% t
1955
1966
'
.'91%'108
1953
Refunding 5s
40-year 4%s
-
73 :::•
106
97% 5
106
»
102
102%
103
106
99%
gold 3s
1951
101
1951
98
Springfield Div 1st gold 3%s
Western Lines 1st
gold 4s
103
General 4s
Alst & ref 5s series F—
,
1st
A
•
v
72%
:—1978
98%
1147/a
69
A 1st & ref 5s series
G
-
.
.
1965
——1975
.—1977
—1978
1 AConv gold 5%s
—1949
Alst & ref gold 5s series H____1980
Alst & ref 5s series I———1981,
Moh'k & Malone 1st
gtd bold 4s—1991
Monongahela Ry 3%s series
Montreal Tramways 5s ext
Morrell
Constr
M
81—1966
1951
*70
5s
Constr M 4%s
series B
1055
Tel 2%s—1986
.1947
87
94
88
108
106%
100
103
102 7A 103'A
102%
103%
—
57%
..
61%
57%
74%
66%
1st gtd 3%s—_—2000
series A
1955
Mutual Fuel Gas 1st gtd 5s
\
102% 102%
*105%
& Co 3s debs——__ 1958
(John)
Morris & Essex
Mountain States Tel &
i
96%
70
1962
adjust 5s series A—Jan 1967
JMissouri Pacific RR Co-rIllinois Bell Telep 2%s series A—1981
'
101%
64
1962
series A
40-year
A Cum
Illinois
:
RR—
Missouri-Kansas-Texas
64 7-V:
27 -
i
1990
Mo Kansas & Texas 1st 4s
*110% 111'A
27
104%
109% 110
Jan 1971
Jan 1991
:i 1st mtge 4%s inc ser A
A Gen mtge 4s inc ser A
98'/a
100% 100%
75%
108%
*„
*—
Minn St Paul ds Sault Ste Mprie—
*138% 145%
1937
Hudson Co Gas 1st gold 5s
1949
Hudson & Manhattan 1st 5a A
1957
AAdj Income 5s
Feb 1957
101
—
28'/a
79
1951
1952
3%s
3%s
impt
';§AMi<U*tnd pf N J 1st ext 5s—1940
Hackensack Water 1st
mtge 2%s—1976
Hocking Valley Ry 1st 4%s
1999
f 5s series A
108%
99% 103%
4%s series C
1979
Michigan Cons Gas 1st mtge 3%s_1969
s
•
104
Michigan Central— <
1976
89%
103
96
75
75
Metropolitan Edison 1st mtge 27/es_1974
2015
119
103%
Metrop Wat Sew & Drain 5%s
1950
J§AMet West Side El (Chic) 4s__1938
i
1st gold
1st
111'A
—1966
1st mtge 3s
Mead Corp
Ref
Hudson Coal
113 %
105
98
102% 106
1st mtge
99%
75
Bay & West deb ctfs A.
Debentures ctfs B
fSAHousatonic Ry cons gold 5s
Household Finance
Corp 2%s
120
104% 104 %
& coll 4s ser B—:
1954
Manati Sugar 4s sink fund—Feb 11957
A Manila RR (Southern Lines) 4s__1959
95%
86-91%
1961
...
.
*
100%
116
«
107 ft 110ft
J00
107
100% 107
98%
98
—1980
140%
116
116
2003
gold 3s
2%s ser
M
Div
122%
1982
.
120%
107 Ye.
134%
118
2010
1st & ref 3%s series D
Gulf States Utll 1st M 2%s
115
105%
135%
1990
;
P
73%
94%
136%
104%
123%
A Green
A
105y8
102%
2000
Gen mtge 2%s ser Q
Gen mtge 2%s ser R
79%
128
104%
1977
series E
Gen mtge 3%s ser N—
Gen mtge 3%s ser O
40%
60
69
62%
6
1949
1976
C
General 4%s
,
;
89
101%
——1952
4%s series D
2
65
31
35%
,35%
17
4s
1973
General
General
61
96%
104% 104%
3s
Goodrich
General
10 k
y
99
1949
4s stamped
—.—1949
Lorillard (P) C© deb 5s—.—T—1951
Long Island unified 4s
Guaranteed ref gold
General
4
>84
;
87%
83
33'
■
,
96
73%
/
99%
93
92%
i
—
•
;,
100%
100% 102
95%
98%
v
93%
1964
1974
.1974
Leh Va! Harbor Term gtd 5s—1—1954
Lehigh Valley N Y 4%s ext
1950
Lehigh Valley RR— ,
;%V4s stamped modified
___2003
mtge 3%s
100%
2
1964
,
1st & ref sink
106%
97%
G
1st & ref sink fund 5s——
5s
H
ser
1st
ser
1954
1954
!
103%
Erie Railroad Co—
mtge inc 4%s
1970
Lehigh Valley Coal Cp—
1st & ref sink fund. 5s
5s stamped
.
•.
*—
El Paso & S W 1st 5s_
5s stamped
Gen
Lehigh Coal & Navigation Co—
S F mtge 3%s ser A
122%
*153
*101 % 102
1975
income reg
68
,66%
89%
58'A
63
58(4
83%
99'/a
♦104
99%
110
99%
103 %
103%
103%
100
103%
102
! 105%
1951
Gold 3%S
1951
Registered
1963
1st ref mtge 4s
1963
For footnotes
see
1963
D
page
1613.
105%
106%
105% :
Louis—
1986
2%s debs-1970
National Steel 1st mtge 3s
-1965
fANaugatuck RR 1st gold 4s
1954
Nashville Chattanooga & St
1st mtge 3s
1st ref 5s series A
1st & ref 4%s series C
ser
102% X
4 106%
104%
111 Cent and Chic St L & N O—
Joint
:*
ser B
National Dairy Products
103% 108%
106
110
THE COMMERCIAL & FINANCIAL CHRONICLE
H!
HON OK
Friday
;
Week's Ban*e
Interest
Last
Period
Stock Exchange
Sale Price
or
Friday's
"
Newark
Consol
Gas
5s
cons
J-D
.1945
:
gtd 4s
J-J
Tel & Tel 5s A
1st gid 4%s series B
N J Junction RR gtd 1st 4s
New Jersey P & L 1st mtge 3s
.1952
'
tAConrol
;
New England
,1988
:
J-J
...
J-J
..
ACertificates
series
5s
series
5s
of
5 %s
N Y Central RR
Ref
&
106% 107
104
103 % 104
102% 103%
1937
1964
92%
93%
I
deposit
95%
109%
107%
69
Series E 3%s gtd gold
Series P 4s guaranteed
82
93
gold 3%s_
'
York
87
..—]
3%s registered
Ref
cons
guaranteed 4%s__1964
1960
mtge 5s series A
mtge 5s series B
E
Consolidation
NY Edison
3%s series
]
:
Mtge 4s
series
Mtge
series
B
*10072
A....—..
Y
4s
Lack
West
&
4s scries
APittston
Potomac
series
B
♦—
El Pwr
84%
100%
104
106
1027a
*92
106
103%
1047a
92
.98
907a
907a
9172
127
*11872
100
1964
3%s
1966
*10672
1977
10574
*111
—
1874
1
mtge
5s
2037
8s
2037
245
ref
-108
108
!
109
2
112%
10774
*162
mtge
ret
&
i
4574
18
1107a
10974 10974
&
113
112
...
18%
*10774 1087a
1st
107
—
1968
mtge
127
100
1972
ref
105%
127
127
3s
&
10274
10374
—
*127
1977
102%
91%
927a
91%
*10374
1974
Public Service El & Gas 3%s
1st
105
1047a 10472
104,
—1962
„
1st M
102% 104%
...
10274 10274
110%
165
160
245
1
25172
103%
245
107
«._.i.l954
1955
ANon-conv deb 4s
..1956
ADebenture certificates 3728
AConv deb 6s_
1948
t A Collateral
trust
1940
ADebenture
4s
1956
.
6s_.
Quaker Oats 2%s deb.
1957
...
A 1st & ref 472S series of
.
*10272
1948
inc deb
5%
,
-
1956
]
ANon-conv deb 3728.
ANon-conv deb 4s
109
—1957
tN Y New Haven & Hartford RR—
A Nan-conv deb 4s
1947
ANon-conv deb 3728
1947
,
105
X A Providence Terminal 4s
1127a
:
A
Co
1st
4%s
105%
JAFrovidence Securities 4s
11574
*..
105
t
.I960
1st mortgage 3%b
—
J
142
1959
series B
C_.
5s
gen
gen 5s series
1st 4%s series D
10872 1087a
1067a 107
J
N Y & Harlem gold 3%s
N
1087a
128%
129
1958
mtge 4%s series B__.
1st
105% 105%
:
126%
1950
mtge 4%s series C
1st 4s ser A
1st
102
10274 10374
1st lien & ret 3%s series E
N Y Gas El Lt H & Pow gold 5s
Purchase money gold 4s
126
129
1950
.
—
*10072 102
'
135
126
129
1965
1st
102
126%
Coal—
Pitts Young & Ash
:
134%
132
1975
1st mtge 4%s series B
Pitts & W Va 1st 4%s series A
:
:
123
127%
132
1970
Pitta Steel 1st mtge 4%s
9772
mtge 3s ser P
N Y Connecting RR 2%g ser B.
N Y Dock 1st gold 4s
120%
127% 1277a
1975
1st
mtge 3%s ser E
12474
1963
3%s debentures
9374
117% 122%
12074
Pittsb Coke & Chem 1st mtge 3%s_1964
& 8t Louis—
Chicago
J
Pittsburgh
105% 106 V*
*104%
9 ?.
'
1st
guaranteed 4s
4%s
cons
Gen mtge 3%s ser
95
7372
cons
Gen
100
.
80
;
10%
1953
1957
I
Gen
10972
77
!
Mich Cent coll gold 3%s
10%
102% 103%
1949
gold
guaranteed
Series
1147a
registered
4s
Series
10274
91
Hud River 3%s
G
Series H
9974
]
Series
9874
coll
2%s
M
135
104
Pittsburgh Cine Chi As St Louis—
72
Shore
2%s
1974
'
1
!
4s
ref
&
ref
1967
104
94%
deposit
3%s registered
New
89
105%
106
106
!
3%s
Lake
135
1961
&
1st
Phillips Petroleum 2%s debs
series A
N Y Cent &
5
1977
1st
ioa
94
83
107%
99 %
66
1971
Electric
90
93
69%
1974
109
94%
,
1980
B
HAPhilippine Ry
92%
24
106
1st s f 4s
ACertificates of deposit
94
;
A
70%
1974
D
ser
106%
103
'
697/«
General gold 4%s series C
Philadelphia Co coll tr 4%s
111 %
January 1
Low
Bklh
1
1st gold 4s—
series
5s
87%
.J
of
103 A 103 A
Phila
108
108%
impt 4%s series A
impt 5s series C
&
Ref
104%
103
73
deposit
of
Marquette Ry 3%s
General
Range Sinee
Sold
No.
40
Union Ry 5%s
84%
;
series
Pere
110
Bonds
High
Apr 1990
Phila Bait & Wash
118
107%
1960
4s
Pekin
Peoria &
127%
118
Friday's
1st and ref 2%s
deposit
of
ACertificates
2
39
:
4%s series D
A 1st
125 7»
70
A Income
114%
106 %
104
...!
C_
ACertificates
4
106
103
of deposit.,
ACertificates
A 1st
f
Peoria & Eastern 4s ext
110%
109%
5
er
Bid St Asked
—'
& Mexico Ry-
B
ACertificates
A 1st
104% 104%
...
,
108
12
^
Week's Kan*«
Last
Sale Pries
peoples Gas L & C ref 5s_~~~.1947
105 %
".■■?
Friday
EzeluuiffS
Low
103%
115>
J-J
fANon-cum inc 5s series A
A 1st
98
95
107% 107%
~
1983
:
1st gtd 4a
Orleans Texas
JNew
s/
M-8
:1953
4%s
1st ref & imp
New Orleans Term
1
?:
1
Stock
High
"vr'-.?..
125% 125%'?
F-A
Low
96
109% 110%
AT-N
-
:1952
New Orleans Great Nor 5s A
N O & N E
109 Va
\
95
?
*..
95
J-D
.1961
J
.1974
jZ
No,
York
Interest
Period
New
Range Sinee
January 1
Sold
108
108
—
J-J
.1945
ffANew England RR gtd 5s..
High
BONDS
r
Bonds
Bid St Asked ,;:
Xott
1948
!
~
NEW YORK BOND RECORD
BAXGE rOB WEEK ENDINQ SEnZHBEB 27
Neif York
Monday, September 30, 1946-
,-
1927—1967
t A Harlem River & Port Chester—
:
1st 4s_—
1954
..
JAN Y Ont & West ref 4s—.June 1992
AGeneral 4s
1955
N Y Power
&
gtd 4s_
cons
5%
10274
10274
73
1965
..1963
10472
672
-102
1993
N Y Queens El Lt & Pow
3728;.
Y Steam Corp 1st 372«
N
105
12% -15%
6
Lightest mtge 2748-1975
"7 N Y & Putnam 1st
??;,*..
11%
7374
105% 105%
10572
10572 10572
111
12%
26%
5%
73
Reading Co 1st & ref 37as ser D..1995
.
15%
A 1st cons & coll
104%
10774
108%
Rochester
Gen
HAN Y Susq & W 1st ref 5S-^«i-1937
§A2d
gold 4728
{AGeneral gold 5s
{ATerminal 1st gold
J,
49
5472
*125%
3726 series I
*108%
*10772
...
Gen mtge 374s series J
Har I Ark & Louis 1st 472S_.
..1943
110%
48
t A Rut-Canadian 4s stpd
11%
t§ARutland
1946
Niagara Palls Power 3728
1949
100
Corp—•
mtge 3%s series H„.—
Gen mtge
1940
?
trust 4s A
Elec
&
102%
*98
mtge 472S series D
f Gen
1937
5s___
t§A N Y West & Bost 1st 4728
Gas
99
'
Copper & Brass 37»s
1960
tSARio Grande West 1st gold 4s—1939
*•
90%,
1047a
9872
Revere
:
;"106% *
102
137a
Norfolk Southern Ry Co—
1st
...1966
4728 series A
mtge
1998
472S stamped.
RR
102% 103
AGen mtge 5s conv inc
2014
Norfolk & Western Ry 1st
gold 4s_1996
North Central gen & ref 5s...
1974
Gen & ref 472S series A
1974
40
42%
133% 135%
Saguenay Power 3s ser A
St Jos &
.
Northern Pacific Ry prior lien 4s„1997
x a: 4s
registered—
1997
Gen lien ry & Id gold 3s
3s
Jan 2047
registered
Ref
&
47as
5s
series
Ref
&
impt
Ref
&
A
series
C_
9074
p. .
97
10872
lien
M
of
1st
1st mtge
1st
1974
......
3 7as
mtge
1975
472S
♦107%
'
Ry—
B
1950
A
1978
1st
bond
4s
Ry—
certificates
1989
4s
inc
bond
ctfs.^
AGen & ref gold
cons
guaranteed 4s
Ohio Edison 1st mtge 3s
1974
1st mtge !2%s
Oklahoma Gas & Electric 2%s
St
1975
1943
15
106
10074
105
104%
A__1960
108%
1007a
Union
10774
1st mtge 4s ser
Pacific Gas & Electric Co—
ref
3s
1st
3s
& ref
M
1966
series
*108%
1970
L
35
...^.^^..1996
series M
1st & ref mtge 3s ser N
Pacific Tel & Tel 2%s debs
Paducah & 111 1st s f
10772
A
(Jos E)
Union
Oil
3s
10672 1077b
1985
*104
*10874
1st
107
97%
98%
113
56
67%
17
,217
167a
3%s
inc
conv
Gtd
4s
■>
debs
E
Pennsylvania Glass
Pennsylvania Power
1st
3s
mtge
s
f
Sand
&
1952
37as.
4s
1975
debentures
Cons
gold
*1965
4s
stpd
47as
dollar
series
General
5s
General
4%s series
Gen
Conv
Geh
series
mtge 4 7«s
deb
mtge
37«s
1047a
I960
A
1955
B
1—1981
D—
E
1984
1952
ser
see
P.—
page
.1985
1613,
107%
947a
113%
1-32%
977a
♦126
987a
79
101
97
56
.
,
..
80
100% 105
9772
129
128
—
1007a
10774
1073/4 108
102%
102% 102%
1st 4s
Pacific
1977
1969
RR
1950
88 "
1st cons gold 5s—-.1994
Devel & gen 4s series A
1956
Devel «Sc gen 6s
—-—1956
104
103%
105%
104
107
10774 i
r-
;?
:
*104% 104%
-
118
11272
G
92
84%
91
92
91
ser
9672
90%
1986
1996
:—1961
1st mtge 274s
963/4
106%
106
Co—
2%s ser E
Southern Ry
"
9571063/4
98%
9272
95%
Devel
?
93
9074
96%
i—1981;
.....
1007a
4
88
91
102% -104% !
1043/b 104%
-
104%
106 3/4
122
1207» 122
1207t
11572 1167a
1157a
128%
Mem
&
gen 6 72 s
Div 1st gold
5s
gold 4s
1956
1996
1951
116
>
99
10072
99
v
108
10874
103
12374
11074
128
122%
1357a
116
99
_
,
118%
11074 1137a
125
145
109%
1053/4 105%
1053/4
109%
10272 10272
102
107%
131%
11674
1968
series
108
1043/4
1047a 105
/
2
2
1994
"
A
1st mtge 2%s series P
104
1
.May 1 1948
47as
37»s
For footnotes
•93
i948
sinking fund
General
108
Light Co—
3s
sterl
1
I960
Pennsylvania RR—
Consol
108
Co—
San Fran Term
1st mtge
ctfs
58
577a
1979
Pacific
Southern
i960
trust
11
98
10072 1007a
1963
5s
97%
577a
;—;—1985
(Oregon Lines)
4%s
Gold
Co—
series
106%
977a 101%
-56
90%
15%
25%
97
9774
10
977.
-97
—1976
1st mtge
472S
Gold 4%S
~
Pennsylvania-Central Airlines—
Pennsylvania
*
1935
debentures
Southern
10272 10374
Paterson & Passaic G & E cons
5s_1949
6372
105%
129%
—
2016
& Sons 2%s debs 1966
27as debs
1971
if 2% debentures
Southern Indiana Ry
1077b 1077»
gold 472S—1955
35
40%
114%
Southern Bell Tel & Tel Co—
10672 106%
1979
~~1977
114%
..
107
107
—1974
1st & ref M 3s
?
*129%
Oil 272s
South & Nor Ala RR.gtd
107
1.1971
series K
105
*1067»
Socony-Vacuum
mtge 372s series I
mtge 3s series J:
62
1989
X § A Silesian-Am Corp coll tr 7s-i.—1941
Skelly Oil 2%s debs
1965
1st &
93
70
.1941
1971
AGen mtge 472s ser A
X A Seaboard All Pla 6s A ctfs.
Shell
1st & ref
67
62
100
Seaboard Air Line RR Co—
Seagram
1st & ref M
8774
65
*112
gold 4s_1968
Depot 37as B
Scioto V & N E 1st gtd 4s
29
105
1975
Paul
'
1990
t§ASt P & K C Sh L gtd 472s
tOgdensburg & Lake Champlain Ry—.
120
8774
8774
—1952
5s series A
101
10172
65
Nov 1989
§ A 1st term & unifying 5s
A 1st
101
—
St Paul & Duluth 1st
ser
••
98
deposit
series
1st Louis-Southwestern
101 % 102 74
1964
3s
102%
101% 101%
A 2d
Oregon-Washington RR
9974
of deposit stpd——..
2%s
2%s
mtge
(Wise)
10074
deposit
of
Northern States Power Co—
(Minn)
10274
87
1950
series
5s
ACertificates
A Cons
100%
..
94%
:
ACertificates
APrior
112
*10072
:.1955
APrior lien 4s ser A
112,
97
103% 104
103%
1996
1996
tSt Louis San Francisco
110
-9674
1975
1971
1st 4s_—1947
gold 5s
gold 6s_
.
2047
1st
St L Rocky Mt & P 5s stpd
94%
90
2047
472S
122%
72
2047
impt 5s series D
& Adir
Lawr
2d
127%
,
707/a
2047
impt
Coll trust
108 7a
108
Grand Island
St.
...
124
126
124
115
117
115
1357a
115% 1163/B
1157a
1357a
103%
103
103
111%
1007B
1007b 100 7B
100 7b
10774
1
1397a
117
1163/b
,
—
■
104
(
St Louis
Div
1st
Southwestern Bell Tel 2%s debs—1985
_
1
46
ASpokane Internat 1st gold 4%s—2013
'
Stand
Oil
of
Standard Oil
;;
•
Calif
(N J)
2%s debs
1971
Sunray Oil Corp 2%s debs
Swift
&
Co
2%s
debs.'.—:
1966
1961
48
•
98%:?
46
67%
10474
10774
98%
97%
99%
1027a 102%
1027*
*104% 10674
1966
deb 2%s
'
977a
106
[Volume 164
Number 4529
Jfnew
^
'2
^
BONDS
*
1
;
Vx:--"'
Stock
York
Friday
Interest
Exchange
Last
Period
New
Sale Price
york bond record
R^NGE FOR WEEK ENDING
-
or
Bonds
High
2019
imp 27/8s series D
Texas Corp 3s deb
i
Texas & New
129%
1985
■
Low
1965
106
ref
M
3 Vis
ser
B
•*.
105% 106
1970
&
ref
M
3%s
ser
C
1st
1990
Texas
&
Pacific
1st
gold 5s
Tenn
Third Ave Ry
1st ref 4s
-.--—Jan 1960
West
Tol & Ohio Cent ref & impt 3%s__1960
Trenton Gas & Elec 1st gold 5s
1949
Tri-Continental
Corp
2%s
debs
■>
Electric Co
of
Mo
Union
debentures
92
102
16
837/a
97
99
106'A
5'As
land
2%s
Penn Power 3'As series I
West Shore
Gen
104
104
102
102%
102
32
103
Ref mtge 2'As series C
United Biscuit 2%s debs
U S Rubber 2%s debs
94%
99'A
102
&
1st
&
ref
&
Va Iron Coal
i')T
102
A
ser
V-
—
109
104'A
HI
41
96'A
116'A
104% 105'A
96%
97%
1950
guaranteed
91%
97%
81
91'A
109
1951
90
95%
166
90
108
1960
89%
9 7'A
188
89 3A
97'A
102% 102 %
8
101%
103%
1951
65
71
71
94'A
65
99
64
—2361
28
M
23As
series
series
A
64
91
C_
103%
103
94%
101%
99%
-
••
99%
100%
A Certificates; of
104
A Certificates
2
105 '/a
108
7
102'A
106
189
1936
90
65
r
-
•
•
22 'A
29
-
Wisconsin
Public
1976
7
100%
102%
3'As
1971
1
100
110
included
sale not included in the year's range, d Ex-interest, e Odd-lot sale not
n Under-the-rule sale not included in the year's range.
rCash sale
delivery
the
in
year's range,
y Ex-coupon.
(Negotiability impaired by maturity.
E—1975
pound
102% 102%
*100%
_2003
unit of bonds.
Accrued
interest
.
•
(
f The. -.'price represented is the dollar quotation per
payable
at
the
exchange
•<.„:
115
1958
101
101
1995
105
105'A
;
•Friday's bid and asked prices;
A Bonds selling flat.,'
no
sales being transacted during current
.
,
*
1
WEEKLY
AND
YEARLY
'
>
RECORD
range are
Shows
?
In the
following extensive list we furnish a complete record of the transactions on the New York Curb Exchange for the week beginning on Saturday
Sept. 21 and ending the present Friday (Sept. 27). It is compiled from tb$ daily reports of the Curb Exchange Itself, and is Intended to include every
security; whether stock or bond, in which any dealings have occurred during the current year.
%
.Hf1
• 7«
•
RANGE FOR WEEK ENDLVG
Week's
Last
Sale Frice
Sales
Range
Friday
Exchange
for Week
of Prices
Low
ACF-Brill Motors warrants
Aluminum
A
D
Wire
F
Aero
Co
5'A
5
Low
11%
5
Air
Associates
Air
Investors
Inc
60c
(N J)
4'A
.
preferred——.—..
Mfg Corp common.
—_
37
Great
Alabama
Power
Alaska
preferred
13% Jan
7% Feb
Sep
21
^
4.20%
Sep
Sep
4% Aug
89
pfd
.
5%
Sep
Sep
10%
Sep
Allied Int'l Investing $3 conv pfd_.
Allied Products
(Mich) common...
40
Sep
Sep
Co
common
preferred
•
Goods
Aluminum
Industries
Aluminium
6%
Ltd
Mfg—
18'A
common
common..
Jan
Jan
48
?
> Jun
Jan
29
May
15
Mar
90% May
121
Feb
116'A
Sep
25%
Feb
Sep
17
preferred
Jan
16
Sep
60
X112
6'%
Feb
Aug
Aug
May
12
!
Sep
11
111
.
0 Feb
16
Altorfer Bros Co common—
Aluminum
Apr
133% Jan
Sep
108%
Inc__
Alles & Fisher common
Aluminum
.
23% Feb
5%
38
17%
22%
9%
Sep
10%
Southern
Airlines
11% Feb
Jun
22
30% Jan
Sep
6%
Air-Way Electric Appliance
Alabama
f
-
common
convertible
Sep
11% Sep
f,12% Sep
Convertible
Aireon
Sep
3%
common
26
Jan
Jan
107% Aug
207% Aug
114% May
Wilcox
Babcock &
American
Bantam
American
Beverage.
American
Book
American
Central
Car
Co
1
5
I
common
L..-¥mT..
Class
Baldwin
Banco de los Andes-
25
50%
.-—^25
48%
l
5%
49%
7
43
American
19
37%
40
$2
Electric—i—
100
Corp common
preferred
convertible
$2.50
10
preferred
General
convertible
American
Laundry
1%
1%
112% 113%
3
48
16
.
Basic
Bauman
Beau-Brummel
Beck
3
Sep
(A S) Shoe Corp
Bellanca Aircraft common—
48%
Mills
.
;
Writing
Post
Angerman
Feb
Bell Tel of
Canada
Jun
Sep
Benson
Hedges
16'%
Berkey & Gay Furniture
&
Convertible
34
Sep
19%
Sep
26%
Sep
Birdsboro
14%
Sep
Blauner's common
Bickford's Inc
dep
rets ord
Bohack
Blumenthal
Sep
Bourjois Inc
1%
Sep
Brazilian
Traction Lgt,& Pwr—...
Corp common
Jan
Breeze
5%
Sep
Brewster
Bridgeport Gas Light Co
Bridgeport Oil Co
Brillo Mfg Co common
43
5
0
7%
Sep
7%
Sep
8%
Sep
£1
1"% Julv
21
Aeronautical
4%
4%
Sep
6%
Feb
1
7
6%
Sep
9%
Sep
iiai
pfd—100
112
Aug
Am
1617.
4%
500
■& 8
..;3 1,500
s 113%
it* 130
111%
Jun
116%
J
.
British-American Oil Co
May
1
1<
1
A.
reg
page
Co
common
Sep
1
Co new common..
see
&
Co
5%
Angostura-Wupperman
footnotes
(S)
(H C)
1st
12%
Apex-Elec Mfg
For
.—
Corp common
$3 optional convertible preferred—
preferred
Borne, Scrymser Co
.2
common
MachyCo com.
Blue Ridge
•
preferred
Paper common—
Appalachian Elec Pwr 4%%
common—
Steel Fdy &
2% Sep
35
Sep
33
Sep
1
Anglo-Iranian Oil Co Ltd—
Am
common.
preferred
9S
10c
5%
Inc
1<
47
51%
.2
Products.—
Co
2.1
io
:
Seal-Kap common
Amer
Superpower Corp com
$6 series preferred
American
Inc
25
•
American
Anchor
com
Beaunit
Jun
7%
Thread
Ties
Sep
31% Sep
American
& Co common
(L)
25
L_i
—
Inc
Refractories
Sep
Sep
25
.,.
Co
RepnhUng
—
37%
American Potash & Chem class A
American
Corp-—
Barlow & Seelig Mfg—
$1.20 convertible A common
20
Mach
American Mfg Co common
American Maracaibo Co
Meter
common
1
;
preferred,..——
American
Co
shares
109%
3%«
1
preferred
American Light & Trac common
■■
47%
1%
10c
American Hard Rubber Co
?6%
Rubber
Barium Steel
Jan
47% Jan
5
Sep
41'A Sep
20
Cyanamid Co common
10
American & Foreign Power warrantsFork & Hoe common
•
American
preferredi
11% Sep
American
&
7% '
American
!
B
Gas
'
3% Sep
84
Pep
I
Mfg
Class -A—....
4%%
Co
Baldwin Locomotive—
Sep
100
Co
American Cities Power & Light—
Convertible class A
American
Exchange
High
<
23'A July
4% Aug
Co-—
Mfg
•
9
common
Supply Mfg class B
Ainsworth
York Curb
Range Since January 1
5%
9
STOCKS
-
New
Shares
High
10%
Alloys
SEPTEMBER 27
»
British
American
dep
recu
Tobacco—
ora
Dearer—
dep rets ord reg
1
of
week.
_
NOTICE—Cash and deferred delivery sales afe disregarded in the week's range unless they are the
only transactions of the week, and when selling outside the regular weekly
a footnote in the week in which they
occur.
No account is taken of such sales In computing tho range for the year.
STOCKS
200-
rate of $4.8484.
tCompanies reported as being In bankruptcy, Receivership, or reorganized under Seotlon 77
the Bankruptcy Act, or securities assumed by such companies.
1
;
—
m
Acme
'
61
2%s
NEW YORK CURB EXCHANGE
Acme
87%
56
Power
Electric
Deferred
deposit
—
123
58
659
67%
Service
Wisconsin
104'A
117%
deposit-!--...---!;
of
104
103'A 103'A
1958
§ASu & Du div & term 1st 4s
101%
99
99'A
-
__
109%
105 »/8 105'/a
105 '/a
1970
58
107'A
96
106%
„
*99% 100
1992
1st mortgage 3s
S B 1st 4s
Co
*106%
—1949
1949
not
1st gold 5s__1949
New York Curb
107%
35
1
2014
117 Y*
105%
106
107% 107%
t§ A Wisconsin Central 1st 4s
Co—
ser
B
ser
114'A
116
*115
104
included in the year's range,
Va & Southwest 1st
gtd 5s
1st cons 5s
Virginian Ry 3s
68 y«
,102'A 104 y*
—
*107% 111%
1960
104%
1957
Power
& Coke
69%
„
*117
1955
-
2%s
mtge
110'A
102 %
Winston-Salem
a
Virginia Electric
65
*59
101% 103%
2361
ref
Wilson &
100% 101%
g 4s series A
f 4s series B
1st 4s
Wheeling Steel 3'A
101% 102
Universal Pictures 3%s debs..
s
107'A
103
1966.
Registered
debentures
Cons
96
17
1952
Wheeling & Lake Erie RR 4s__
;
cons
26
105%
103
—1970
..
5s_.
grant 4s
Vandalla RR
„
debs
Telegraph Co—
Funding & real estate 4'As
25-year gold 5s..,
30-year 5s
Union' Pacific RR—
1st &
High
Western Union
Oil of Calif 3s debs
2%s
Low
38
debentures 3'As_1976
conv
Range Since
January 1
Sold
No.
.1971
Maryland 1st 4s
Western Pacific 4'As inc
1961
Bonds
High
•
Western
3%s.
1st mtge <fc coll tr 2%s
t§AUnion Elev Ry (Chic)
Bid & Asked
Jan 1981
Westinghouse El & Mfg 2%s._.
Union
Week's Range
or Friday's
1st ref gtd gold 3'As__2000
Washington Central Ry 1st 4s
1948
Washington Terminal 2%s ser A..1970
Westchester Ltg 5s stpd gtd—.1950
Gen mtge; 3V4s-^—---1967
1960
AAdJ income 6s—i-
Last
Sale Price
Warren RR
1985
I
B_.Jan 1991
A
ser
mtge 3'As ser B
Baking Co
(subsordinated)
of New Orl 3%s__1974
RR
1
mtge inc 4'As
Ward
2000
Oen & ref M 37/8s ser E_:
Texas Pacific-Missouri—
Pac
Co—'
RR
Walworth Co
&
1st
Friday
AGen mtge 4s inc ser
AGen
Orleans RR—
1st
Interest
Exchange
Low
104%
161*
"
'
High
129% 131%
—104
Stock
York
' '
■
—
..
January 1
Ho.
:V
_
Period
New
Range Since
Sold
Wabash
C
ser
Ref &
.
BONP8
Friday's
Bid & Asked
Terminal RR Assn of St Louis—
imp M 4s
SEPTEMBER 27
Week's Range
Low
Ref &
0
THE COMMERCIAL & FINANCIAL CHRONICLE
;
m*.
'
NEW YORK;
CURB EXCHANGE
SEPTEMBER 27
RANGE FOR WEEK ENDING
STOCKS
Week's
^
Last
New Y»rk Curb Exchange
fsr Week
ef Prices
Sals Price
Low
fH
8TOCK8
Sales
Bangs
Friday
Range Since January 1
Low
High
High
Amer
Class
.
.
B
-
A
preferred
prior
Brown
Co
2,800
(E L) Co common
Bruck Silk Mills Ltd—
"7% 1%
"S%
2,100
•
12Vz
1,800
Jan
34% Aug
102 % Feb
33
Sep
14% Jun
Detroit
Devoe
Steel
&
Co
Products
—
Divco
26%
Jun
4
Feb
Domestic Industries class A com
Dominion Bridge Co Ltd
17 '/a
18 %
2,600
15%
Sep
1%
1%
1%
22,800
1%
Sep
7%
6
Sep
7% Mar
7,700
13'A
100
6
7%
12%c
25e
12 Vt
Jan
dep rets ord reg
Corp common
Co
Dominion
Steel
Tar
Dominion
19% May
Textile
8c
Driver
Duke
Harris
Power
B
Voting
Cables 8c Wireless—
American dep rets 5%
Calamba
Sugar Estate:
California
Electric
pfd
>
B
non
X-..
Power
'
11%
25% Aug
Feb
22 8A Aug
15
12%
17
lV/a
147/a
2,400
*2%
_27/a
8,300
*•—
150
32%
Sep
68
—
117
Jan
122
9
comwofl-—
10
7% Sep
34 y2 Jan
5,700
15%
137/a
12
Apr
Jun
14% Apr
103/a Sep
Sep
2,200
—»
mm—
15%
1
38
July
33% Aug
Jan
46
•mm
"7% "8%
.
Jun
250
OJI
-
1
& Co
Feb
32%
45
20
mm—
46
Jan
45/8
Sep
28
32%
164% May
164% May
2y» Sep
__
•
Corp of America
25% May
243/4 May
'
*
Carolina P & L $5 pfd
Carter (J W) Co com
12% Sep
11 y» Sep
1,800
*
common
M)
Sep
Sep
—100
1
51
Apr
23% July
Sep
Cent Maine Power Co-r-
3.50% preferred
100
Central Ohio Steel Products—.———1
Central
Pow
Central
&
Lt
&
South
4%
pfd
West
SCent States Elec 6%
7% preferred
Charis
Corp
50c
t'
'
p
V
v;
Consolidated
SChilds
Cities
A
Co
60c
$6
City
Mfg
Alum
Sep
5
5
6,300
800
10%
Feb
29
Sep
16% Jan
Jan
13%
600
11
Sep
22
21%
375
20
Sep
69
200
65 %
14%
575
12%
Sep
Sep
4,900
1%
Sep
'
13/4
1%
150%
42,400
203/a
24 Va
125% 138
134
May
19«
Jun
•
Sep
Sep
Sep
166
11% Sep
Sep
156
20%
125
1,950
88
'
Feb
184% May
140
500
24%
145
150
41%
Jun
July
1
12%
11'/8
116
*
300
V
10
116
12
15 3^
116
Jun
July
*
12%
12%
13%
900
Sep
21%
10
10%
10 3/8
10%
200
103/a
Sep
15% May
171/8
187/a
350
16
Sep
32
Co
1
Co
"43/4
Co
Colonial
Mills
*
MaHeable
Eastern
States
$7 preferred series A
$6 preferred series B
Eastern Sugar Associatefrr-
Electric Bond & Share
$3.50
Jun
Jan
6
Electromaster
Elgin
15
31%
1,100
29
5ya
10,600
41/a
fa
y«
'
30
1,100
800
Emsco
5
8
3
Derrick
300
Jun
24 y2 Mar
Sep
10%
Feb
20
Apr
13%'Sep
33/4
3y# Sep
3%
3%
89i/2
95
350
89%
Sep
60%
541/8
61
2,075
54 Va
Sep
"2%
"2%
"27/a
1,800
65
70
150
65
Sep
350
60
Sep
40
2,400
8
Jan;
•
35
&
Sep
1% Sep
60
60
61
40%
40
44%
1,350
9
9
3,200
73/4
15%
13%
15%
*
68
68
69
*
69
68%
69%
"4%
4%
Jun;
56 3/t
157/8 May
Sep
26%
700
Sep
5
Sep
16% Sep
3% Sep
Sep
Jan
Jun
77 Va Mar
783% jan
166 y4 July
127/a
27
Jan
Apr
.
4%
Sep
Apr
30%
20
18%
20%
1,500
17%
17%
16%
18 3/4
3,800
16%
Sep
50
46%
45
46 3/4
375
45
Sep
110% 110%
40
109
Jan
112
95/s
100
Sep
16
common*_15
Equipment
Jan
5
98% May
Sep
100
500
1
4
43% Ja*/
104
13%
2,000
5%
May r
Sep
68
Sep
68% Sep
500
1,600
65/8
'
6
92
73/4
89,100
118%
100
*
1043/4 May,
pfd—100
5
95/8
9%
2 Va
Feb
39 Va
Apr
53%
Apr
4%
Jan
25/8
21,500
47
49%
650
45
Sep
56
Jan
11%
12%
900
11
Sep
22
Feb
28
Sep
34%
Jun
2%
2%
10c
1
12
1
;
Apr:
Sep
10
1
Fairchild
1
1
5
*
19
1
13%
Engine
Brewing
X
37%
9%
17%
Fansteei Metallurgical
Fedders-Quigan Corp
Federal Compress & Warehouse
Fire Association (Phila),
York
First
div
$2
cum
Fishman
50 to $1
.1
♦
e
5
Class A
Class
100
Fuller
Jan
$3
4%
30
42
18
4,100
2,300
1 Va
26% Aug;
"i5/8
20
21%
300
Feb
29
Feb
Sep
70%
Feb
Sep
Sep
20
150
17%
Jan
2
1,600
44
Apr
Jan
44 V\
170
40 Va
liy8
5,300
43%
Sep
4'-.
•
B
voting
rets
dep
3%
37
29 y4
2%
•'
800
5%
Sep
8%
1,600
19%
29%
203/4
75
Sep
Sep
35
3% Sep
7% Mar
27% Jan
51
20
Co
——
300
17
1,700
26%
4
6Q
2,500
x90
350
36
3
12 y2
30%
8,600
2%
7,700
15
123/4
18
5%
2,100
18%
5%
25
250
6%
8,800
;■
25
3%
•
1,600
6%
6%
18
3,900
Jan
Feb
17% May
Feb
33
44
July
7% Sep
14% Feb
3% Feb
2 6 s/8 July
Sep
Sep
7% Jan:
110
Apr
6% Jan
44% Aug.
Sep
Sep
375
3%
100
%
105%
22%
243/4
1053/a 1053/a
-14%
13,200
r60
16
250
12
ii
100
new com__2.50
1
9-
10%
35
11
35
.
12%
13
1,500
30
:
400
Jan
May
5% Feb
21%
Sep
28
950
80
10
14%
Sep
Apr;
23% May
17% Sep
24
5% Sep
Sep
36
May?
10% Jun
;':v 2"':"'Sep •••'%
12
Sep
Aug
10% Sep
35
11
Sep
Sep
Jun
6% Apr
60
.Sep
22
Sep
105% Sep
13% Sep
7% Sep
73/4 Mar
Jan
Aug
30% May
25
Sep
Sep
110
Jun
150
July
40
80
—100
Corp
Gatineau
5%
July
July
.
preferred
Alloys
12%
2,700
Co
_*
.14
Jan
Jus
18% July
100
1
*
common
Co common
Power
87
Jan
1073/4 July
5% Sep
3% Sep
•14% Jan
5
12
12%
55/8
63/8
3,600
3%
5%
4%
4%
10% Jan
1,500
•
36%
108
|
Apr
Feb
May
38% Jan
13% Feb
2§
Feb
.
39
39
20%
Amer
General
5 Vo
ord reg
Corp common
rets
Finance
dep
15
series A
preferred
£1
1
10
8%
*
100
General Plywood - Corp——
—1
General Public Service $6 preferred..*
General Shareholdings Corp com.—..1
$6 convertible preferred—
*
Georgia Power $6 preferred
——*
$5 preferred
—
——*
21%
Fireprooflng
common
General Outdoor Adv 6%
Gilbert
(A C)
Preferred
Gilchrist
Co—
——
Gladding McBean & Co.
Gleaner Harvester Corp
—y
Aug:
Jun
500
37/8
251/4
4,600
20
700
&
Pacific
11% Jan
5C0
104% Sep
3% Sep
"3%
"3%
3%
104%
20
97
97
96
25
9%
Jau
20%
—
53%
20
*
2.50
—*
21%
53%
17y4
Feb
103/ff Apr
12 Va Feb
31% Apr
109
Jan
23% Apr
140
Jun
6% Apr
110
May
20
111% Jan
115
Jan
Jan
111%
Sep
20
350
Sep
43%
Jan
Feb
10
52% Sep
55
400
19% Jan
29% Apr
27
Feb
39
18
Sep
28
Jun
-
.
20
•
<
21
18%
16%
,
19%
15
4%
1,100
4,400
18
Bep
15
Sep
4% Sep
57
Sep
1,700
.
1,600
5%
60
60
25
243/4
27
500
243/4
.
103
1% ,/l%
.
14%
50
50
173/4
22%
5,400
8%
8%
600
12%
16
r>;
259 >
13 %
2,400
.
Jun
«% Feb
69
Feb
Jan
107
.
Aug
4
.
Jan
Sep
10% Mar
48% Sep
173/4 Sep
X8
2,000
17%
26%
44
46
400
Jun
24% Jan
Sep
1% £ep
17,200
13%
Sep
12% Sep
15 " Sep
53
Feb
-Jun
22% Apjr:
Jai
Y1 '
47% Jarf
14% May
23 Va
Jun
37% Feb
Tea—
-
98
93% .98
800
37
40
650
16%
19
16
-
1st .preferred:—
Great Northern. Paper..
Sep
18% Feb
110
112 3/4 1123/4
—*
*
Non-voting- common: $toel£■
1%
Sep
Sep
10
1,200
.
Great Atlantic
Sep
15%
14%
20%
18%
Globe-Union Inc—.;———.——$5
Gobel (Adolf) Inc. commQn-.^.—-^-*.-1.^.
5 i:
Godchaux Sugars class Are.. —
Class. B
.27
$4.50 prior preferred—v
-*
Goldfield Consolidated Mines
1.
1%
Goodman Mfg Co.
—r—r?—50
Gorham Inc class A
*
Gorham Mfg common
...
.10
50
Graham-Paige Motors $5 ?onv pfd—25
20
Grand Rapids Varnish——
—1
8"%
Gray Mfg Co
5
13
Grayson-Robinson Stores—^,
r——1
Glen Alden Coal
200
4%
104% 104%
pfd
common—
83/4
Sep
8
Sep
8% Sep
22%
25%
General
9%
8%
85/a
8%
17
93%
Sep
135
134
,
100
———25
Greenfield Tap & Die—
—*
18%
Grocery Stores Products common—25c
16 %
Gulf States Utilities $4.40 pfd
100
Gypsum
$ Alabastipe.———
Mar
37
Sep
Apr
July
46% Aug
3,300
16%
Sep
23%
1,700
13%
Jan
28% May
Xlll% May
13% Sep
147
.
116
,
Jan
Jan
16% JUJJ
H
Aug
16% July
22
Gen Electric Co Ltd—
„
10% May
25
35
10%
11
38
12% Sep
9
Sep
2522
—5
Dayton Rubber Mfg class A conv—.35
Delay Stores common
!
50c
8
Sep
24% Mar
2% Sep
'V
Jan
Jan
9%
112
1
stock
convertible preferred
44
153/4
16%
—•—1
(Geo A)
conv
100
83/8
83/a
43
1.25
...
General
6% Jan
13% Sep
28%
2%
11%
Jan
53/4
20%
80
Brewing
Stores
Gellman Mfg Co common
Jan
123^
8% Sep
iy8 Sep
13%
-
Sep
Apr
20
1
Jun
July.
112% Aug
9Ya
900
jc90
m
3%.
3%
36
37
Sep
31%
5%
bearer
July
121
Jan
3,400
15%
4ya
23^
45
18%
5%
20
*
*
25
91
Sep
Apr
900
1%
Feb
Jan
25
7,200
133/8
25%
"2%
25/8
£1
49
44% Jan
16% Feb
703A
Jan
5
Sep^
1,650
6,500
9%
1%
14
83/a
Aprs
Feb
9
3% §ep.
20% Sep
Sep
145/8 Sep
24% Sep
6% Sep
7
8%
Feb*
177/8
26%
% Jan*
Sep
47
28
:
•
1617.
20% Sep
17
Sep
59
20%
12%
1
non-voting
(Peter)
Feb
34
2.50
Inc..
Stores
Franklin
1,000
—10
common
400
25%
1
Jan
95% July
24%
6%
15
J—5
Curtis Lighting Inc common
Curtis Mfg Co (Mo)—_*—
21,000
Co—
Jan
71% Jan
2% Sep
(ord reg)_.£l
—
17
10% Sep
4% Sep
1,000
5%
10
pfd
(M H)
ll3/4
21%
45/8
21
10c
common
Fox
v
Sugar
Corp
10%
11%
Co__25
Fort Pitt Brewing Co
1,300
H
3,300
1%'
___1
40
10%
9%
—1
I—
Airplane
Apr
50% July
73A Sep
14%
7
—
common
&
Ford Motor of France—
43
107% Sep
2,400
3%
27 y2
;
——
—
Fairchild Camera & Inst Co
Falstaff
12 Va
40
79%
3
10%
5c
page
Co
Apr
6 5/8
Sep
Sep
2,700
!8%
73%
79%
39
—
see
147/a
12
Feb
6
37/8
8y2
10
Co—r.„—1
Co.———*
Davenport Hosiery Mills
143/4
May
10
Watch
common.
Equity Corp common
$3 convertible preferred
Esquire Inc
Eureka Pipe Line common
48
1,200
107% 107%
1
-10c
—
1,100
Feb
65
110
9% Mar
1
5% preferred
Empire District Electric 5%
4
8ep
25% Sep
% Sep
115
100
25c:
preferred—i.:
25
Crystal Oil Refining common.—_♦
footnotes
3
100
convertible
For
350
75%
preferred^-—---50
Davidson Brothers
47,500
35A
18%
Crown Cork International A
Crown Drug Co common
|
2,800
16%
73%
is %
1
—
(6 preferred
Atlantic
30
25 y2
•
Crcsley-Motors Ino
Crowley Milner 8c Co
1
Crown Cent Petrol (Md)_———,.—5
5% preferred
Cuban Tobacco
"63/4
"
Sep
16
.9
Inc
National
Elliott Co
Garrett
Coro inc common—
Cuban
~6%
Sep
July
Apr
96
x97% Sep
*
1
common
17%
Sep
33/8 Sep
300
Cooper Brewing Co
Copper Range Co.
Cornucopia Gold Mines
7%
22%
Sep
36
25
400
*
formerly $5
formerly $6
Electric Power & Light 2d pfd A
Option warrants
Electrographic Corp__
25%
12
3,400
2%
American dep receipts
977/8
-
*
pfd
pfd
$4.20
Apr
2,800
lVa
——
,
100
*
Creole Petroleum j_,_
Croft Brewing Co—
45
977/8
--
*
$5 preferred
Easy Washing Machine B
Economy Grocery Stores—
Name changed to
Stop & Shop Inc
105
19%
47/a
Continental Fdy 8c Machine,
Petroleum
74
36
45
*
Jan
4
200
Royalty Oil—
Corp—
5% convertible
Courtaulds Ltd—
12
21%
Consolidated Steel:
Consol Textile Co
Cosden
21% May:
107
70%
400
701/a
25
Am dep rets ord reg
Ford Motor of Canada—
60
common—*
Corroon 8c Reynolds
$6 preferred A
Iron
Corp
Jun
25
2%
Consolidated Mining & Smelt Ltd
>
41 % May
83% Jan
.100
50
65
21%
Consolidated Gas Utilities
V
22% Sep
—
.100
Mar
38
1
Co
Cook Paint ,8c Varnish
11% Mar
5,400
—
--
Jun
Ford Motor Co Ltd—
250
1
,
-
Consol G E L P Bait common
4% ft series B preferred
4 ft preferred series C—
Consolidated
14%
123/4
14%
*
4%% prior preferred
6% preferred
Feb
30
31
35
Community Water Service
Compo Shoe Machinery—
;
Feb
—
1
Fuel Assoc common
Aug
16y»
Commonwealth & Southern warrants—
Community Public Service-.:
25
$3 preferred
Consolidated Biscuit
8c
Gas
Mar
42
12
7.50
.
Conn Gas 8c Coke Secur
Apr
8%
-.3% Sep
5,500
E
East
9
3%
Arms
ext to 1956
3,300
4
*
20
7% Jan
27
c
Feb'
Apr
2 2 7/g
38%
*
Sep
65
—mm
25
V t
common
Duval Texas Sulphur
Sep
500
401/4
—1
Inc
24%
28 3/8
Sep
£1
43/8
17,500
*
;
Patent Fire
Sep
16% Sep
|
-
reg
Hosiery class B
Test Corp common
3 5/s
600
37/8
11%
4%
37/8
Colorado Fuel 8c Iron
warrants—-—
Colt's
3%
*
Durham
Amer
Airlines
37/8
..
39% May
17% July
13% July
10%
18
100
18
12%
10
10% Sep
43A
3%
10%
1
Development ordinary.
Colonial
8% Sep
1,800
17%
11%
*
Co
ord
18%
Sep
Sep
12
28% Jun
*"
Cockshutt Plow Co common
Colon
18%
18
12%
Ltd—-—*
Co
rets
5,200
7% Feb
Feb
11
20
13
10
B
Products
5%
181/4
651/4
Claude Neon lights Inc
1
Clayton & Lambert Mfg—
4
Cleveland Electric
Illuminating
*
Clinchfield Coal Corp—
——100
Club
18
~1%
100
City & Suburban Homes—
Clarostat
20
350
13%
—*
—
Controller
50
223/4
62% May
Apr
53% May
52% May
166%
21%
1
preferred BB
Auto Stamping
Clark
203/4
15% May
Sep
Sep
18
4
common-
preferred
23%
200
9%
Aug
37
<■
preferred
Service
19
55
"5%
—10
Mining
$6 preferred
2,950
3,780
.
5
Chesebrough Mfg common—
Chicago Rivet & Mach
Chief
22
64%
18
5
iiJ'j*"
)
Sep
Sep
19
603/4
common
\ \ ffti
(
,
6%
24,000
97% Aug
34% July
106
May
Sep
20
19%
100
America
Jan
57
100
preferred
Sep
18
200
"7% "87/8
1%
common--—————10
Cherry-Burrell
,
of
233/4
104%
Conv pfd opt div ser___
—100
Conv pfd opt div ser 1929
100
Aircraft Co common—
1
Co
93
213/4
Cessna
Chamberlin
93
20
93
100
Utilities
1,300
12%
8%
Jan
5
"2%
•
28
12
Jan
20
143/8
-♦
(A
dep
26
"9
*
Eastern
—„*
Castle
13%
20
—
—
*
jy-'-'i/"
new
Am
23% Jan
3
Sep
75/s Sep
mm—
17
Products
Catalin
Sep
100
Carman & Co class A
Class B
;
products
12% May
/ 2,800
6
20
20
20
Sep
7%
5,100
--
*
Canadian Marconi
Casco
Jan
5
3% Aug
10%
5%
5%
1
5
voting
Co
6% May
"9%
10
.
Carnation
7
Sep
9j/8
-*
Canadian Industries Ltd—
7% preferred
Capital City
Sep
3Va
"•
10
—
,Vav
3%
1
Canadian Industrial Alcohol—
Class A voting-——,
Class
200
2,100
£1
Canada Cement Co Ltd common
preferred
3'/8
3%
Duro
Bread Co Ltd
6% %
"33/4
50c
Callite Tungsten Corp
Camden Fire Insurance
Canada
Jun
33/4
3%
50c
common
trust certificates
6,800
27%
25'
Co
Dunlop Rubber Co Ltd—
Cable Electric Products
2,100
*
Draper Corp—
C
100
33/4
123/8
1
Ltd
17% May
27%
3%
27%
1
Coal
Co
Jun
May
133/4 May
11 Va
3%
1
Chem
&
21
180
Sep
9%
12
£1
common
Dominion
13 %
27%
Sep
Feb
145
—
*
Dobeckmun
18%
Burma
2,300
50c
153/8 Jan
Am
10%
10
Raynolds Class B
Diana Stores Corp com
Distillers Co Ltd—
50
May
93/8
1
Sep
16% Mar
30 .»July
101/8
10%
6,300
—1
common
11
Sep
13%
-1
Gasket & Mfg
Gray Iron Foundry
Range SInee January 1
Low
High
High
10%
100
Detroit Mich Stove
Jan
Low
Shares
—8
8% debenture
Detroit
for Week
ef Prices
113/4
5
common
Derby Oil Co common
Detroit
Sep
38
11%
Buckeye Pipe Line.
Bunker Hill 8c Sullivani——-——-2.5(1
—
Mfg class A
Sales
Range
..
>.'f'.Par
Jun
'
17
Sep
7%
5
>
Corp Am dep rcts_;
Burry Biscuit Corp
Butler (P H) • common^——-—
May
4% Jan
20
3,600
100
~1
Bruce
Sep
Jan
31
22
22%
20 Va
22
*
common
Jan
7% Sep
-*
common-
new
preferred
Rubber
8%
7%
73/4
Sep
2%
1,700
*
:
Brown Forman Distillers
$5
4'/a
25%
'*•
1
—
Brown Fence & Wire common
Class
4%
4Ya
4%
10s
rets ord reg
Columbia Power class A
Last
Sale Price
Dennlson
dep
Week's
Friday
New York Curb Exchange
Shares
British Celanese Ltd—
British
Monday, September 30, 1946
COMMERCIALJk FINANCIAL CHRONICLE
THE
Hall
Lamp Co—^—
Hamilton Bridge Co Ltd.
Hammermill
Paper
9%
.5.
*
lio
6Va
33
6%
33
10
67/g
34
800
1,700
850
8% Sep
6% Sep
323/4
Sep
17%
Feb
11%
Feb
52% May i
Yolume 164
Number 4529
THE COMMERCIAL & FINANCIAL CHRONICLE
NEW YORK CURB
EXCHANGE
BANGS FOB WEEK ENDING
STOCKS
Range
••
Par
'
for Week
•f Prices
Low
Low
66
4%
4
5
x3%
4%
8%
16
17
A__
Co
*
13 ft
14%
2,300
13
Sep
23 ft
13%
lift
6,300
lift
Sep
19 ft
5ft ft
preferred w w
Henry Holt & Co common
Heyden
Hoe
Chemical
Sep
48
Apr
lift
123/a
1,200
lift
Sep
50
103 ft
Sep
950
10ft
Sep
6,200
23 ft
Sep
(R)
& Co
104%
-1
lift
10%
12 ft
30
24%
30
1
class A
10
Horinel
Horn
Horn
&
5ft
10
—1
Hardart
common
2,500
9%
Sep
Sep
8 3ft Sep
9%
1,500
25
20
—
53
22%
.
A,
100
22
50
19ft
35ft
•'1:;
*
40
•
—•«.
"ir-/
140
39%
-
T
40 ft
350
37 ft
100
(Harvey) Inc
& Refining
Hummel-Ross Fibre Corp
Hurd Lock & Mfg Co
Hussmann-Ligonier Co common
112
5
22%
593A
59
61
5
14%
123/4
5
V
*
213A
9ft
350
22%
1,400
10
9ft
500
1,200
8ft Sep
20
*
stk purch warrants
12
1
"73/8
1st
preferred
Hydro-Electric Securities—
1
40 ft
*
3%
Hygrade Food Products
5
common
13
7
1,900
40%
42 ft
6ft Sep
475
4
3ft
38
Sep
3% Sep
300
42 ft
Sep
45ft Jan
lift Sep
75
73/4
38 ft
■
Mar
200
22ft Jan
Menasco
Mfg
Merritt
5 ft
conv
Dividend
Illinois
57 ft
*
Imperial Chemical Industries—
Am dep rets regis
Imperial Oil (Can) coupon.
19 ft
24
£1
6Va%
May
*20% Jun
15ft Jun
37
3,500
12 ft
Sep
18 3A
Apr
2,300
93A
Sep
22%
Jan
36 3/4
36 3A
600
common..—..5
Ireland
100
Co
Iron
•
3ft
43/a
13,600
3,800
Preferred
North America
July
July
7% Apr
•
Middle
West
Corp
Oil Corp
Cigar
Machine
International Hydro-Electric—
Preferred $3.50 series
50
Warrants
100
2,700
lift
Sep
Sep
11% Sep
153/a
1,300
12% Jan
87 ft
800
21
600
20% Sep
50
43
50 ft
Petroleum
International
International
14
Iron
30ft
123
112
Co
F
L 5%
&
!»
33A
lift
—
Feb
243/i
153/a
10% Jan
3 ft.. Sep
11
Sep
Sep
400
1%
7,600
lft
Sep
22 ft
623
20ft
Sep
8%
8%
400
1%
*
31ft
lft
~1
Glass
Co
1
common
Kokenge
Co
13/4
400
29
8ft Sep
lft Sep
14
13 ft
15 ft
123/a
3,100
*
17 ft Aug
x26
States
Kansas Gas & Elec
7%
pfd
100
Kawneer Co
Co
Kidde
121
63
33/a
23 ft
22ft
5ft
6ft
*
7ft
9
5
123/4
5%
*
common
(Walter) & Co
400
23ft
13 ft
375
Apr
Co
Nachman
Power
preferred
Kings Co Lighting
5ft preferred D
14 ft
26
Jan
National
Sep
May
Sep
17%
124ft
Jun
112
Sep
70
70
70
10
70
66
66
66
100
63
Aug
Sep
Sep
15 ft
14 ft
15 ft
4,200
14ft
Sep
1
5ft
5ft
5%
4,900
5
Sep
1
8
7ft
8ft
1,700
Ltd
1
lft
1/6
1ft
13,300
(D Erail) Co common
Kleinert (I B) Rubber Co
*
Kirkland
Lake
G
Co
M
Klein
Knott
Corp
93/4
Krueger .Brewing
Co_
29ft
1 Nelson
Sep
1& Sep
Sep
115
94 n
82 ft
9ft
New
Apr
23/4
:
New
Feb'
New
100
19 ft
Sep
34'A
Apr
300
22
Sep
37 ft
July
2,200
11%
Sep
14 ft
19% May
18ft Jun
i Lefcourt Realty common
Prtnr.
prpfprrp/fr f
5
:
_
2",100
1,200
"6
r
7
Sep
Sep
15%
v
1,100
15ft
Sep
21;
31
Jan
35
X23-"'."
.22'
:5
,l4Va
14ft
1
i.
6%
-0
16ft
" •"■—
11
__
225
15
V
12
10ft
300„
600
Jan
; 14ft Sep
-
f
?
Leonard
;
1
Oil
Development.
Le Tourneau IR G)
4 Line
Material
25
'■ ""A V,
Inc
Co
1%-
*
Lionel Corp.————.
..—.10
Lipton (Thos J) Inc 6% preferred
25
Lit Brothers
•>'"* :
lft
■
—
26ft
1%
30ft
34ft
*
15
'
33
"
5
43ft''45*:
16ft
->
24ft
14
26"
'Feb
Feb
-Apr,
2,600
30%
■,
.
Aug
9ft
Jan
23/8
23/4
8ft
373/4
Jan
45
lft July
30 ft
Sep
3%
56
(
Class
Groceterias class A
B—
■
i£
u Locke Steel Chain
*
.—*
—
.5
;
—
—
-
-:-J Logansport Distilling Co
Lone Star Gas Corp common
/
Steel
Mar
41ft
:
•
""
"
.10
33
For
footnotes
see
page
i
Cooker
new
25 ft Mar
Machinery
24 ft
Sep
30
3,500
lift
Sep
•
17ft
16 ft'
17ft
6,700
153/4
Jan
^
.
—
.
!
—:
15%
15
/
'
Aug
Sep
117
Sep
108
Apr
Sep
-S
1,600
111ft
Jan
14 ft
Sep
14%
8,200
15%
18 ft
20
29
Mines
common
Radio
4%
35
9% Apr
Sep
.Apr
49% Aug
14
Sep
£71/4
2,900
14
Sep
22 % July
22
400
18
Feb
38
36
1,650
29
Sep
1,200
12%
Sep
40
ft'
14%
17V4
22
2
.
13
143/a
21
21
100
lift
12
m
2
1,100
1,600
5%
7
19,000
109% 112
130
108%
-lift
14 ft
'
1%
1
30c
6
100
preferred
109%
Corp.—^
lift
5
13
-lift
100
12 ft
5
common
14
ll'A
x263A May
15 Ve Jan
Sep
1%
Sep
43/8 Feb
14
123/a
Feb
115
Jun
5% Sep
Jan
24 ft
Feb
12ft
Sep
22
11
Sep
19
Apr
Jaa
400
11%
*
preferred...
Sep
•'
L' $&,
....—*
-
Apr
142
Aug
Sep
16 3A May
14ft
Sep
21
23
61
'Sep
32
58
Sep
;
<
3,000
2ft
2vt
Y
N "Y Shipbuilding
4,700
•:
Jan
818A Feb
11% Mar
3% Sep
•
2
2,000
»'■
4ya July
jun
Sep
'
65
Feb
9% .Jan /
500
-13ft
48
49
300
-45
Sep
25
25 ft
550
25
Sep
*35
Feb
12 ft
13
500
12% Sep
28
HI
s
Feb
Jan
v
Jan
:11ft Aug/;';--:
Corp-—
\
106ft 106ft
64
60
—
"
0%
117
preferred——.——100
--
105 y3
10
80
'
,
i>
'
Sep '. '/
Sep; '^4
go
'
•,
•
• ;.
1
95
•
1 '
8%
•
———*
Niles-Bement-Pond
Noma
101
>
———1
21%
Light & Power common—1
6%
19%
:
5%
39
9ft
li
»
Sep
120
Apr
-.3%
Feb
12ft
Sep
13% May
26 y* Feb
Sep
20%
Sep
53A
83A
2,600
Sep
"
14'A
8,700
i
6,600
2
19% Sep
5,800
213/4
VU
19,700
-
5ft
Sep
>,
35
Apr
Feb
Jan
12% Mar
164
Apr
May
132
*
North American Rayon class A
*
Class B common—.——*
Sep
100
530
9,200
"2^
12%
,
2jg
.-L—
1,225
5:
13%
9
13y«
——.——5
Electric.——
~
'
1
May
123 ft Feb
16
fl% Jaa
112ft Sep
-48,300^
114ft 117
100
91/2
Corp B————1
Mines
9%
•
•
Mar
19
64% Jan
v
'
u
5
ft SeP
.
•jV Sep
44,700
64%
25
Niagara Hudson Power common——.1
5% 1st preferred
100
2d
July
13
10
Merchandise
North American Utility JSecurities.—*
Northern Central Texas Oil
5
1
Airlines
Penn
RR
38
38
600
39
100
38
Sep
36
Sep
63
Sep
62 ft May
36
Northern
Natural Gas
j
Northern States Power class A.
12%
Feb
200
8
Jan
11%
Jun
9,100
10
Sep
21%
Jan
Jan
108 ft July
Sep
111
5*%
1,000
pfd.100
-.-20
25
51'A
47
51ft
37
34y2
39%
Northrop Aircraft Inc....
1
11%
I Novadel-Agene Corp——v
•
.
10
9y2
106
lift
4ft
9JA
113A
104
—
50
Co
Northern Indiana Pub Serv 5%
15 ft Aug
117
Apr
26 ft
Sep
8
1,250
Rights w i
1.—-—ft
Park Mining Co
1
2Vz
New Process Co common.—.——*
1
Apr
110
#•;
..
Arizona Land
35
110
5ft
&
108% Jun
Sep
16
573A
■.
..
.25
common
14 ft
14%
.—20
12% Jun
Sep
2,200
9ft
8
8ft
Sep
275
2,925
123
120
123
6
79
25
8%
883A
7%
83
86 ft
*
..
Jan
May
373/4 Sep
23% Mar
Sep
21
700
3%
North
Apr
9%
-
3% Feb
1
7,000
Jan
17
Sep
20
40
5ft
4%
"
:
Apr
22 ft July
76
70ft
400
26,100
100
25
20
*
Jersey Zinc—...
Northeast
18,500
575
1,825
77
75
12..
12 ft
Jun
21ft May
......
Feb
;
-1%
lift
;
'"
,
*
Ltd
Clock & Watch Co..
conv
North Amer
22
" 1
76 /
70ft
.11%
-A-
Sep
12.50
Nineteen Hundred
32 ft July
&&1250
v
1,000
11 >A
14
1
com
'
Nipissing
Sep
13'A
'
1617.
33
28 ft
7%
Sep
36
Sep ¥
143A
40
1
optional .warrants
Niagara Share Corp class B com
Aug
ll3/8
*
tVa
preferred A «tfa of dep.
:
;
6ft preferred B ctfs of dep...,
Louisiana Land & Exploration—
1.... 11%
Louisiana Power & Light $6 pfd——;—*
—
Lynch Corp
....2
15%
i Long Island Lighting Co—
'
20
850
Class B
20%May
27ft
...
/
200
16 ft
Jun
Feb
Apr
24
15 ft
*
Fabrics
Car
Union
■
20
26 ft
160ft
24.
25
5ft
1
Transit
Mexico
5%
Jan
— •
Apr
Sep
133
-
Apr
123/a
1
<
—
Jan
32 ft
16
,
Jun
26ft
9% Sep
5% Feb
10ft
Sep
24
12 ft
Jan
Sep
10
133 ft 133 ft
Feb
Jun
Sep
25
-«
l' -.-"Founders-:>.«hares——^1
I N Y State. Electric & Gas $5,10 pfd-100
; N Y'Water Service
pfd
—.100
Sep
Sep
20 ft Mar
23%
10%
7%
2,200
133 ft
Feb
2
4,200
73/4
V
54ft
Sep
5ft Sep
X'j
2,300
*
common
$6 preferred—
I Loblaw
6ft
2ft
10
14% Jun
14
600
May
40
.*
243/4 May
800
50
common*.—..—10%/12
17
6
18ft Jun
210ft Jun
Sep
650
19
5%
jun
1,000
26ft
303/8
__
280:
7,600
18 ft
New
>
r
189
180
180
•
J Newmont-O'okiep—
23% Feb
9ft
6ft
■
Lanston Monotype Maehine
;
12
15ft
0
Jan
5V2
N
16ft
;:rLangerdort:;DrUted.'33akeriee;:,<0aei(K^Aj2¥^^''V;i;£/;-:;r
/^Ciass^B- • :ja,v^
'■
23
Sep
lift
700
250
8/a
(NY City Omnibus warrants
N Y & Honduras Rosario^
Lane Wells Co aimmnn.—|
1,000
3%
15 ft
i N Y'.;Auction Co common...
6ft
Feb
20% Feb
h:10ft Jan
Sep
3
25
Pressure
Idea Inc
New
Apr
12%
12% Mar
Jan
Apr
87
Sep
5%
3ye
——*
Mallinson
Haven
v,;•>
113/4 May
43
153/4
Lakey Foundry & Machine—•
Lamson Corp of Delaware——...5
93/4
8,100
14 ft
*
(Herman)
4ft %
Feb
24%
flakeJ..—' I84fe* V: 12% s!3%4,800*
3,000
6%
3%
Power Associates
*
preferred
100
$2-> spreferred-..^..—.^—
New England Tel & Tel..———1,00
28 ft May
19 ft
1,100
lift
53/4
New England
?
May
Apr
12
16
11%
107 ft
Jan
10ft
15 ft
—*
J Nesle Le Mur Co class A
Jan
19 ft
.1
Sep
63/a
20
6%
10
;
July
'50
104 Y» Sep
750
10%
100
Jan
6
19 ft May
Sep
3,300
25
22
.5c
common
A
Jan
22
1
common
38
29'A Aug
-•
Sep
,
10c
preferred.
;l Neptune Meter
Feb
15ft
12ft
1
new
7ft
24
10
common
Kobacker Stores
-
7
7%
1
common
Nebraska Power 7%
Aug
1
King Seeley Corp
Kingston
Products
Kirby Petroleum
38
40
—
1
Corp
Bellas Hess
National
Jun
33
32%
100
pfd B
Sep
3ft Sep
liya
Jun
Jan
100
7ft
20
41ft
7%
National Mfg & Stores common
31ft Apr
Feb
12%
2,800
100
14% May
375
0%
4 ft %
Sep
Sep
5,400
5
common
National Breweries
Kimberly-Clark Corp—
»■
.
4
10%
450
"
N
Jan
3ft
Sep
5ft July
7ft Sep
1,350
Feb
500
900
4%
9V4 Jan
Feb
Feb
18ft
5
Jan
47
6,400
May
32
19
*
Kennedy's Inc
Ken-Rad Tubs & Lamp A
Key
9%
37,700
35
Sep
3%
A
National Tunnel &
lift
July
7ft Mar
National
9%
20
Sep
123/4
18%
National
10
Aug
Mar
32
X203A
16% May
K
1
Sep
31% May
26
20
186 ft
Muskogee
:
475
*
National Rubber
Corp
Apr
6
Jan
100
11%
*
National
Kaiser-Frazer
4ft
*
National
&
20 ft
14ft Sep
34%
'
11
Power
7%
Jeannette
Apr
27
32
lift
pfd——100
National Fuel Gas
Julian
243A
3 ft
Mountain City Copper common
Producers
Jan
29
——
143/a May
Sep
11 y8
Mountain
Jan
24%
21%
Royalty.
Mfg voting trust ctfs. _■>
Fireman
Sep
•
13
—
Murray/Ohio Mfg Co-.....—«...%4...*
Muskegon Piston Ring
2ft
Sep
Sep
900
Jan
9%
10ft
33/a
Mountain States Tel & Tel
13ft
1,500
5ft
500
12 ft
Jun
13 ft
2,900
Jan
5
4,200
19
x20%
35
100
33A
15 y4
15 ft
Moody Investors partic pfd
Morris Plan Corp of America
Jun
5,409
11%
3ft
34,500
Feb
>'17%
•
Sep
Apr
18
14 ft
3%
& 3,200
93/4
2%
•
2,200
...1
Utilities
Ward
Montgomery
Jan
133/4
11
400
4
■
27
Corp...———1
Dakota
Montana
33% Jan
14
5
Safety Razor B
Utilities common.
15
3%
.•
—60c
.... —
common
Pictures common
Loan Society A
Monroe
Jun
13%
143/4
143/4
9%
34%
—10
Monogram
31ft May
Sep
Mar
62
Sep
9ft Aug
300
3
10ft
11%
18 %
.50
Co—-.—.—:
Molybdenum
Jan
1123/4 Aug
109 ft Jun
133A
TO
6ft
1,300
10
Missouri Public Service common—...*
.
Products
63A
*
4ft % conv preferred
50
Mining Corp of Canada———*
Mountain
—
14% May
Sep
Products—
Refineries.
Minnesota
14% Jan
73 ft
21
«...
Investors
■
Jan
28
coupon
shares
International
73/4 May
Jan
43
Sep
15ft Jun
2,400
Sep
2%
;
'
4
5
common
Abrasive
Mid-West
15%
1,200
—
Registered
81
12
International Investing Corp
1
International Metal Industries A
*
International Minerals and Chemicals—
International
39 ft
12 ft
20%
*
9y4
* 500
9ft
—
$2 conv preferred—*
Montreal Light Heat &
International
9ft
10ft
v
53 ft Jun
5%
92ft Jan
82
Sep
Jan
May
Jan
11%
"
2%
9%
Midwest Piping & Supply com—
84
87 ft
r
6ft
10
Middle States Petroleum class A v t c.l
Class. B :V\t-0——.i.—1..
Apr.
85
10
112
Sep
12
July
100
of
Jan
12ft
Sep
53
63A
...10
38
Sep
Sep
Apr
263/8
4Va
4,800
"
Micromatic Hone Corp—i—t
24
Sep
4% v 5
9ft
—
;
109--
43A
,
—.2.50
1,450
18 "ft
8
8%
Sep
14 Ve
—...
28
107ft
Sep
Aug
3ft
15%
v
Sep
:
Apr
Apr
30
Apr
14 ya
.1
23
300
Apr
8y8
5%
2,300
6
4%
•.
16ft Sep
22
Mar
37 ft
Vyy v;'
53ft
108% 108%
Apr
24
15'A
—
Michigan Steel Tube
Michigan Sugar Co....
Jun
5y8
6
—1
.....
1,800
.100
preferred
Co
108%
47
Sep
Feb
1
Scott.
&
4,300
18%
.£1
,
*
CO
19 "ft
13 ft
Sep
10ft
36ft
2,400
293A
25
25
12 ft
28
57 ft
13%
Jan
143/a
lift
10ft
Michigan Bumper Corp..
59
11%
13 ft
4%
93A
ll'/s
Midwest Gil
5%
19%
12 ft
preferred^—--100
A
•/
50 ft Mar
21% Jun
lift
12
Sep
:
lift
29 3A
20
Sep
6ft Mar
Jan
Feb
Sep
9%
2
14%
—
....
5,700
Sep
Sep
May
Jan
*
...
Textile Corp....
25c
Participating
preferred..—*.-15/
75 ft
55/a
*
Indianapolis Pow & Lt 4ft pfd
Indiana Service 6ft preferred
7ft
54 ft
Jan
60
1,200
2
2
2
—.j.—4
'
Meseabi
Miller Wohl
Registered
—*
Imperial Tobacco of Canada.
5
Imperial Tobacco of Great Britain &
Insurance
24ft
27
50
ctfs
Co
21%
19%
preferred
arrear
Zinc
23%
26
3,600
10 ft
9ft
10ft
...»
Chapman
Warrants
■
■
Mid-West
—*
56 ft May
Sep
21ft May
Co.......——.1
Memphis Natural Gas
Midland Steel
common
28
300
>
8% Jan
•3ft Sep
1,300
29
28
;
6ya
'
$2 non-cum dividend shares——*
Midvale Co common.———*
Power Co
4ft
3ft
-
n
15
32 ft
Midland
Illinois
High
*
common
Mead Johnson &
33ft Jurf
48% Jan
22 ft
*20
Harris
Corp common
$2.50 preferred....,
McWilliam$ Dredging...
Jun
Sep
Feb
3,600
«■
.
14%
*
Massey
173/4 Feb
May
Sep
Sep
Feb
V
40 3A
McCord
Aug
May
25 ft July
45 ft July
170
May
47% Jun
115 % Mar
Sep
3%
—.
>
Communication Co Ltd——£1
Marion Power Shovel—.........—.v.*
Mass Utilities Association v t 0
-1
„
87ft
Low
Marconi Internat Marine
16% Jan
Apr
113
May
26% Jan
45 ft May
18
Bangs Sines January 1
High
Mapes Consolidated Mfg
Metal
25 ft
*
preferred
Com
9%
2,400
10%
23 ft
*
Oil
Huyler's
71
93A
.*—■
'
„«
Hubbell
$2.25
104 ft
-
53
-
25
*
preferred
Humble
—
*
Inc
(Geo A) & Co common
Hardart Baking Co
&
104
67
^5
Hollinger Consolidated G M
Holly Stores Inc.
Holophane Co common
Horder's
26
15 ft Mar
—100
common
Sugar optional warrants.—
Mangel Stores common....—^—^,—I
Manischewitz (The B) Co.
Feb
12 ft
2
Manati
Apr
14ft
Low
Shares
M
26ft Feb
14
*
-
common—
14% Jan
Sep
Sep
153/4 Sep
600
.
Class
Heller
Sep
3ft
1,100
for Week
of Prices
Par
High
72% Juh
9% May
7ft Jan
8ft
2,700
8 ft
8%
17
4
3,000
'
Sep
Sales
Range
Last
Sale Price
Bange Sine# January 1
Sigh
Week'a
Friday
New York Curb Exchange
Shares
Electric
Light
25
Hartford Rayon
voting trust ctfs
1
Harvard Brewing Co
-1
Hat Corp ol America B non-vot eom„1
Hazeltine' Corp___
.*
Hearn Dept Stores common
5
Hecla Mining Co
25c
Helena Rubinstein
♦
157
STOCKS
LMt
Bale Price
Hartford
SEPTEMBER
Friday
New York Curb Exchange
16
11'A
12
293/4
323A
775
6,700
5,600
600
4ft Sep
/44ft
32%
59%
73% May
15% Apr
8% Sep
293A
Apr
Sep
Sep
Sep
40
Jun
Apr
Monday, September 30, 1946
CHRONICLE
THE COMMERCIAL & FINANCIAL
EXCHANGE
NEW YORK CURB
'
RANGE FOE WEEK ENDING
.
Friday
Last
Exchange
Curb
York
New
SalcPrlc*
Week'*
|TO c j. jj';
8»!m
Rang*
SEPTEMBER S*
jfor Week
.pf Price*
low
Share*
v
'
low
High
*
fe-yf-
r
Bigh
•'«
Ohio
Power
1
——•
22ft
3ft
3ft
General
Co—4
—-
Selected Industries
$5.50
Securities
1
common
stock
5
———25
certificates
Allotment
——
Inc
*
-
prior stock
Convertible
B
Omar IncOverseas
Semler (R B)
:
1
Corp
1
—1
1
common
Control-—;
Serrick Corp class B
Safety
Sentry
*
Seton Leather common
Shattuck Denn Mining.
Pacific Can'Co common
11
Sep
Shawinigan
Pacific Gas & Elec 6%
38ft
Sep
Sheller Mfg Co
Sherwin-Williams
Pacific
1st pfd
38 ft May
preferred
1st
Lighting
•
102 ft July
preferred—
$5
—
111%
Pacific Power & Light 7% pfd
Pacific Public Service—
&
Range Since January 1
5%
High
12ft Sep
.,.700-.
1,500
22ft
100
4% Sep
21ft Feb
3ft
.
10,800
22 : May
9% Jan
30ft May
3ft Sep
25
common
100
Sick's
26 %
Jan
Silex Co common
27
Canada..
of
—
—
'
•
*
Jan
7
24 ft Sep
? 30
v-. 2ft Sep f'nv«/ 7%
14% Sep
: 35%
83
Sep
,104%
85% Sep
111%
13% Sep
29
4ft Sep
11%
1% Sep-''5ft
8
Sep
12%
__
3
14%
3%
20,000
17ft
18ft
5,400
85
6
83%
85ft
1,150
3ft
14%
—
2
—
>
14
5%
1%
8ft
15%
5%
2
8ft
—
4%
19ft
12
1,300
900
1,700
100
—
4%
20%
4ft
20%
12ft
128
110%
.
—
—
—
———
-
Sherwin-Williams
11%- Jan
$1.30 1st- preferred————-—
Page-Hersey Tubes common
———5
Power
•
preferred
4%
Sep
Water
__
,
—
Inc__
Radio
Sentinel
5%%
Shares
14ft ;
13%
4%
22ft
Selby Shoe
Distillery
Filters
United
14ft
common-
preferred
4%%
Poindexter
Oliver
B
Natural Gas common-
Oklahoma
Old
class
ferW«dto*.£s~^
Rm>i«
of Prices
Segal LOck & Hardware——->——1
common
Co
*
common—
Seeman Bros Inc
Corp
Brass
•
.tow
Steel Co
Securities Corp
Ogden
La»t
Sale Price
•;•
.
Scullin
Ohio
Fridayr:,:;....>W«*K»>.-* 8ak»
New *erk Curb Exchange^ •.-$ ^
•
Rung* Since January 1
124
Jan
Feb
Jan
Jun
Sep
.£> 16% Jan
10ft Jan
800
19
Sep
300
1,750
10
115
Sep
50
110ft
Feb
May
May
4ft Sep
—
2,700
131%
108
11%
July
Feb
i 108
Sep
*
Sep
25%
^
Jan
20%
19%
169 ft
115%
Sep
Jun
Apr
Aug
vA 31% May
Jan
Breweries Ltd.
———*
-
\'&:<■:...
*
—
17%
16%
^
17%
;
—,12% July *
525
16
Sep
13% Jun
24% May
Simmons-Boardman Publications—
v
4ft
Motors
Paramount
Sep'
8ft
Pan American Airways Warrants—.
Pantepec Oil of Venezuela Am shs.
Sep
13
Corp
$3 convertible preferred
Simplicity Pattern common
Singer Manufacturing Co
Singer Manufacturing Co Ltd—
Amer dep rets ord regis
Sioux City Gas & Elec Co—
3.90% preferred
Smith (Howard) Paper Mills
July
Parker Pen Co————„
39% Feb
Parkersburg Rig & Reel
16%
Sep
61%
Jan
Plymouth Mills
Patchogue
Peninsular Telephone common
$1
;
Penn Power
&
class A
Elec
Penn Traffic*
Water
Penn
Sep
8%
Sep
3%
Sep
1
1
7ft
Sep
Soss
pfd
Co——.
Circle
13%
1
1
com
Light 4%%
& Power
1
Manufacturing Co
Sonotone Corp
*.
Manufacturing common
South Coast
—
Co
Corp common
Southwest Pa Pipe Line
Co———
& Rubber
Tire
new
Sep
Jan
44
Jan
30%
Apr
Southern California Edison—
com—.
—25
preferrd B
_25
5%% preferred series C
25
Southern New England Telephone—100
Southern Phosphate Co
10
Southern Pipe Line
10
Southland Royalty Co
5
6%
Philadelphia Co common
Phillips Packing Co
Pierce
Governor
Pinchin
common
Johnson
Ltd
Am
Sep
31%
31%
5% original preferred
Pilaris
5ft
12.50
;—10
South Penn Oil common
Pepperell Mfg Co——————.
Perfect
100
•
Solar Aircraft Co
Pennroad Corp common——.
Penn-Dixie Cement warrants
Penn Gas &
£1
,
Solar
preferred
cum
*
1
100
shs
Pioneer Gold Mines Ltd——.
Piper Aircraft Corp com.i——
Spencer Shoe
Stahl-Meyer Inc
Pittsburgh & Lake Erie
Pittsburgh Metallurgical common
Standard Cap & Seal common
Convertible preferred
Pleasant
Standard
Standard
Valley Wine Co
:
Feb
11
6% Aug
14% Feb
2.78
Brewing Co
Dredging Corp common
$1.60 convertible preferred
Standard Forgings Corp
Pneumatic Scale common————.
140% July
•
*
Corp.—
Pitney-Bowes Inc—————
Pitts Bess & L E RR
——i
—.
29 ft Mar
—
1
10
1
22
31%
4%
_
20
29
3%
—
23
31%
4%
_.—
2,400
1,150
2,800
.
_
19 ft Sep
28ft Sep
3% Sep
,
45% Apr
45% Apr
Polaris Mining Co——
Powdrell &
Alexander common
Power Corp
6%
Standard
Oil
Standard
of Canada common
1st preferred
Power
s
Preferred
*
Pratt & Lambert Co
Premier
t
Pressed
Inc
Metals
Standard
common
of
Starrett
Corp of Nevada
Prosperity Co class B
—
Co
B
class
Corp—
Steel Co of Canada
Stein
———
(A)
& Co common
Sterling Aluminum Products
,
Inc
Brewers
of Colorado—
6% : J.8t
7%
1st
preferred——
—.
preferred——i.—.
Puget Sound Power & Light—
106%
Jan
111%
Feb
$5 prior preferredPuget Sound Pulp & Timber—
Pyle-National Co common
103% Sep
18
Sep
xlO% Sep
...
Manufacturing
lift
8%
Sterling Engine Co
Sterling Inc
Stetson
_
Pyrene
Tube
(The)
Sterling
Public Service
Light
B
America
Producers
Providence Gas
&
.
Products
Standard
——
Gold Mining—..—
Prentice-Hall
(Ky)
class
Common
Stinnes
3% Jan
17%
& Co common.
(S)
Sep
Sunbeam
Stm
Jan
48
Corp
62ft May
34ft Jan
Ray Drug Co—
Superior Portland Cement,
Superior Tcol & Die Co
Swan Finch Oil Corp
v
Ssp
49ft Jun
Stop & Shop Inc
Stroock
Feb
25
Corp
(Hugo)
Jan
22% Jun
Co common
(J B)
Inc.
6% July
26 ft May
—
Quaker Oats common.
6% preferred
Quebec Power Co—,
12% May
Corp common——*,
Tampa Electric Co common
6%
Sep
29ft
Sep
37
Technicolor
15%
Sep
29
-
Apr
116ft
Sep
123 I
Sep
7%
Sep
r.
Taggart
Radlo-Keith-Orpheum option warrantsRailway-'A Light Securities^
Voting common
:
—10
Railway & Utility Investment A——1
Rath Packing Co common
10
Concrete
Pile
TexonOil & Land. Co—
Inc
Textron
Thcw
Tllo
*
common
Raytheon Manufacturing common
Electric
Oil
Engineering.
Amer
♦
Toledo
vtc
l
pfd F
100
*
dep rets for ord reg„,
...
Corp common.j
£i
5
/
preferred
6%
; Tri-Ccntinental
Roosevelt Field Inc—————5
Petroleum
Co
1
Rotary Electric Steel Co
Royalite Oil Co Ltd
Russeks
Fifth
Ave
new
.10
UdyUte Corpw-—
com__.___l.25
Ulen
Realization
Corp
Ryan
Aeronautical
Co__
1
Unexcelled Chemical Corp——
Ryan
Consolidated
Petroleum
•
Union Gas of Canada
& Haynes common
1
Co
Union
Investment
Union
Ryerson
Stock Yards
St.
Regis
$2
Paper
United
pref
United
$3
Corp
common.
Savoy Oil Co
Schiif
Co
Schuite
Scovill
For
(D
A)
Inc
Corp
United
United
common...
see
United
10%
page
1617,
——
Milk Products
Molasses
Co
preferredLtd—
dep rets ord regis
...
Manufacturing
footnotes
warrants
Corp common-
participating
Amer
common
Omaha.
common-
Light & Railways
United
common
Salt Dome Oil Co
Samson
Elastic
United Gas
Corp Ltd—
conv
Corp
United
A
Chemicals
United
Class
Aircraft
United
Lawrence
of
Products
United
St.
.100
105
K)0
NJ
RR
Profit
&
Canal.
Sharing
preferred
Apr
July
72
May
9% Jan
■>
JAftRWb
3ft Feb*
Sep
Jan
July
22 ft
169
-May
107% July
112% May
112%
Sep
117
1%
110%
Sep
4%
Sep
2% Sep
warrants-.—--*
Tung-Sol Lamp Works
80c convertible preferred-—-
Hay
1%
*
4%
•
9%
5%
Aug
Feb
Feb
Feb
Jan
34
6ft
Sep
14ft
Jan
10%
Sep
•17%
Jan
20
Inc————■—
Ronson Art Metal Works new common-
Root
13
dep rets def reg—«-—
Edison
Sep
5ft Sep
Ltd—
7% preferred
—
Tonopah Mining of Nevada—--.
Trans Lux Corp———
Truna
Royce Ltd—
Rome Cable
———
Exports—
Todd Shipyards Corp——-—.
i
Rochester Gas & Elec 4%
Roeser & Pendleton Inc
Am
Stocks.
Products
Amer dep rets ord regis—-—
5
Rio Grande Valley Gas Co—
Rolls
48
36
61% Sep
& Allied
10% May
Sep
.
14%
Corp warrants
Ttichmond Radiator
(Texas Corp)
16
Jan
:26ft July
Jan
35
common;
Tobacco Security Trust Co
Rice Stix Dry Goods
Richfield
Co
Roofing Inc———--.—'—
Realty & Construction.
Tobacco
50c
-
&
--——-———
Shovel
Tobacco
Reliance
13% Sep
Tishman
$3 convertible preferred
Reed Roller Bit Cp
common
| Texas Power & Light 7% pfd—
_
Raymond
Inc
'
May
iWWSWtaBNiwc
'
.vpNoH
MOjf
,
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4529
Volume 164
9i .M1DWM03 SfRT
'■*
•
,
EXCHANGE
NEW YORK CURB
is'
i Week's
7ZJMB TOCK 8v:v>>
Last
York Curb Exchange
New
.
•1*
or
Shoe Machinery
U 8 Foil Co
U S
S
U
Share#
common
preferred with warrants.
1st
.5
„•
United Stores common——~
Oil-—■---
Universal
Consolidated
Universal
Insurance——
Universal
Products
Co
common—
-f
iOo
10
$+£;'.•
—
10
Jb
Utah Power & Light common
"
.«
—
4%
23
—
20%
T
,
.
4%
4%
3% -.3%
3%
-
■:
,
.
-
350
3,200
3,000
.Feb
Sep;
Sep
Sep
Sep
5s..
Altalian Superpower 6s———1.^.1963
Feb
Extended
4%
at
Milwaukee
Gas
1 •:
6s
^series A.............
Amsterdam Gas
Eng Gas & El Assn 5s__.
deb
1961
5%s—
••
11 %
10%
iiy8
Pacific
1.25
preferred*—*
Wentworth Manufacturing——
Utilities $6
Coal & Coke
5
Maryland Ry 7% 1st pfd__100
Western Tablet & Stationery com
*
Westmoreland Coal
L
—20
West Virginia
9V2
10'/8
5
6%
1st mtge 3'As
2,300
8%
9%
1,000
70
10%
9
■
Inc—Z.
1
Weyenberg Shoe Mfg
Whitman (Wm) & Co
650
San Joaquin Lt & Pwr 6s
ASchulte Real Estate 6s
100
15
Sep
Steel
inc
Southern
California
California
Inc
37
100
Apr
Southern
14
14%
400
13%
Sep
Southern Counties Gas
19
21
250
19
Sep
20
21
175
18
Jan
33
Brothers
Wilson
common
Sep
Sep
31
Jun
100
10
2
American deposit
6% preference
v:
5s
£1
*
receipts
"
Ltd
Wright Hargreaves
9'%
21
10 Vs
10
2,200
8
20%
22
550
19
10
10%
8
105
f ,101%' 105% U
106%
107%
J
101%
"2
,108Va
103%
if
;
•
"i
•.
107%
(
107% 108
"|f8%\
47
;j|
106
23
109
Vi ; 5
109%
105% 105%
1
105%
102% 102 %
6'
102% 106%
85
J -J
• -
!>
$9%
•
J-D
'; ■' J-J
85
.
108
v
1
''
108
109
1
"109
106
106
j-d
5
107
4
J-D
103
103
170
170%
109
;!
107
104
28
»
f
105% 107%
101% 104
39
160
A-O
-$106% 107%
J-D
__
172%
9%
Sep
20
May
10
108%
Sep
112
Apr
200
6V2
Sep
9%
•
6%
11%
11
Sep
17%
10
Sep
16
15
9%
11
July
1,400
%
200
11%
Jan
Apr
17% Mar
7
--
3 Va
3w
Feb
7
*
104% 108%
f'r.
1952
M-S
1951
J-D
$147
1951
A-0
99
1965
M-S
106 Va
105% 106%
11
3'As—.1970
A-O
106
106
106%
104% 104%
3s
—
.
Sep
6y8
Feb
&
(Calif)—
......—...1971
3Vis
Elec
1970
—
F-A
126
;;
103
99
148
.
2
98
101%
105%
108%
6
105
109
';'V 3
104
107%
108%
1950
A-O
108
$99%
__
104
—
93%
__
95
"3
106%
107.
78
Corp—
A7-4s 3d stamped
Toledo Edison
J-J
A-O
J-J
J-D
..1946
1968
3%s
United Electric N J 4s
1949
......
35%
36
36
5
31
36
.1946
Stinnes^(Hugo) Industries—; ^
'tfi7-4s' 2nd stamped.
United Light & Power Co—
1st lien & cons 5yaS
—..1959
UnitedLightRailways "(Maln^)—
36
6
33%
30%
48
-
48
107% 107%
2
105%
107%
107% 107%
8
106%
110
$105%
A——-----...—1952
4
106
67
105
109 y8
Hl% 112
105
F-A
-
103y8
104% 105
A-O
.
A 5s
'series A
C
15
111% 116
66
154
58%
91%
.1
107Va
110%
108
109
122
12#
100%
106%
__
.
West Penn Traction
5s__
5s
Western Newspaper Union—
•.•••»
L':&& *.'-5
3.'
<.$i
*r;
X
£g
6s
Week's Range
Friday
Interest
Last
Period
Curb Exchange
York
Sale Price
Low
Par
1961
Writing Paper 6s
Amer
Appalachian Elec Power 3%s
1970
Appalachian Power deb 6s—.—2024
Associated Electric 4y2S
.——1953
Assoc T & T deb 5%s A.
—1955
City Electric 3 Vis——.—1964
Atlantic
of Canada—1'
Bell Telephone
M 58 series
»; 1st
J-J
1C9% 109%
*$116
123
,
—
99% 100%
103% 104%
'"$105
106%
100%"
104%
M-S
M-S
...
■
Sold
117
111%
124
99%
104%
103%
106%
105
108
Foreign Governments & Municipalities
112%
►
"
71%
104% 104%
67
72%
87
73
73%
67
74
51%
54 V*
50
1950
102%
5s—1958
—1969
Consol Gas El Lt &
Pwr (Bait)—
3s set P.—1969
1st xef mtge 2%s ser Q
1976
1st ref 2%s series R.——1981
Consolidated Gas (Bait City)—
1st ref mtge
.
*
Gen mtge
,
Delaware
;
4%s—--1954
105% 108%
,
105%
al06%
104%
101%
105 % 105%
al06J/8 107%
105
107%
109 %
108% 108%
106
110
106% IO6J/4
105
108%
104% 104%
104%
106%
$118%
—
Water Lt
—————1961
stamped ........v.
Rayon Co 6s ser
Green
West 4s
Mountain Power
Guantanamo St
Hygrade Food 6s set
y6s
series
B
1st
"V*'
1963
——1958
.A—,.... • -■ Jan 1949
———
ARussian
$105%
$104%
—.—1970
.international Bower See-?
A6%s series C
——1955
A6%s (Dec 1 1941 coup)
1955
A 7s series E
;
1957
iL^»«A7s *(Aug 1041 coupon)
1957
105%
$106
-1950
1963
Indianapolis P & L 3%s
't A 7s series F
;—1
>
A7s (July 1941 coupon)
1952
—1952 |
High
._
102% 102%
106
__
106
105
;78%
$80
..
80
$95%
$...
96
92%
98%
F-A
2%
Government 6%s
26 y4
15
27 3A
27%
M-N
1953 ;
.
.
J-J
1952
;
89
97%
87
.
.
32
:/20%
M-S
1958
83%
80
'
M-N
2008
'1
33
J-D
M-N
50%
$52
f A-O
33
9
33
$52
J-D
$20%
$98%
M-S
$34
J-D
—
50%
;
20%
—
.
90
99%
.37%
45
yyyy
• ;
37
;
2012
1919
154
1921
4
21
4
110
106%
102%
104
104
105%
105% 108%
A
*No
par
value.- a Deferred
sale.
delivery
-
d Ex-Interest,
e Odd-lot
sale, f Ex-distribution,
Ex-rights.
Ex-stock dividend. nUnder-the-rule sale, r Cash sale, x Ex-dlvidend. y
$ Friday's bid and asked prices; no sales being transacted daring earrent
g
1
v
a Bonds
£
.
y
Range Since
January 1
Sold
Low
r.;;
(Plan A)
A5%s
——Jan 1949
Service 5s__
lien & ref 5s
Indiana
Bonds
Friday's
$80
J-D
1948
^^—1953
.
.
Rio de Janeiro stamped
Interest reduced to
—1950
3%s
Western 6s
of)
-
A—1948
Grand Trunk
or
Bid & Asked
High vl
J-J
stamped
.......1951
Mortgage Bank , of Bogota—
>;. A78 (issue of May 1927)
1947
(issue of Oct. 1927)
1947
A Mortgage Bank of Chile 6s_
1931
Mortgage Bank of Denmark 5s
1972
Parana stamped (Plan A)
Interest reduced to 2%s....—2008
Fuel 3%s_——.1965;
& RR 5s—
1956
Finland Residential Mtge Bank—
5s
Week's Range
A-0
AMedeliin 7s
Eastern Gas 8r
,
LOW
^..Janl947
Maranhao stamped (Plan A)
Interest reduced to 2%s__
Lack 6v Western RR—
of N J Division—
ser A
.1993
1st mtge 4s ser B————1993
AGeneral
A20-year 7s
Bogota (see Mortgage Bank
ACauca
Valley 7s
Danish 5%s ———-—
Extended 5s——
Danzig Port & Waterways—
A External 6%s stamped
..ALiraa\City (Peru) 6%s stamped
1st mtge 4s
.
hast
Sale Price
Agricultural Mortgage Bank (Col)—
A20--year 7s i——April 1946
,
Lackawanna
Elmlra
York
Pot
104%
104%
New
107%
101% 102%
'
Interest
112
53%
Debenture 5s—
Friday
BONDS
Curb Exchange
Period
110%
—1954
2 A Chicago Rys 5s ctfs (part paid).1927
Cities Service 5s
——
Jan 1966
Debenture
1
100% 100%
104%
109 y8
120
117
111
—
A5%s
;
'
•
..
.
F-A
'..High
101 y8
107% 107%
117
111
Electric 5s———1948
—
$112
.«
January 1
67
Conv deb 5s
$107
..OTOG- iV&. tfrniYtBonds
* Range Since
Low
High
109%
J-J
A-0
2%s————f——1970
SACentral States
Friday's
Bid & Asked
$100% 102
1960
—1962
BIckford's Inc BVfe's—
Boston Edison
•
or
J-D
B^-—^-~.-—W57
series C
5s
'
1959
debentures..
f
s
108% 108%
110
108%
.OU eld
-£?■--
'K.;'
BONDS
New
conv
62
66
M-S
J-D
A-O
J-D
1954
1964
2030
1960
;
Power 3V2S
West Penn Electric
M-N
——-___2022
debs..
income
Wash Water
■■
?
1125
149%
$105
..
M-A
Corp inc 5s
(Hugo)
J-J
—1989
Waldorf-Astoria Hotel—
.<&£'■
!
.105% 107%
$105% 107%
$120
Feb
3
17,700
AStarrett
Stimes
Jun
Debenture 6s
,.v.e
,!
J! V iy-:/i.' N:'
i j
'') ^%-y 'Xti'X- tt*""'-V%
Utah Power & Light Co-
■
J
J
•[>.
...1979
Spalding (A G) 5s
6s series
ti'eX:- M&t
* ?
91
108;.!;
105 %
■
.106%
104% 104%
Jlf-S
y.siy
5 "
.
B—
Gas
1st mtge 3s
1,300
108% 108%
6%
11
1
Woodley Petroleum
Woolworth (P W) Ltd—
100%
5
23
108%
Jun
25
•
5% preferred ww_
Winnipeg Elec common B—
Wisconsin P & L 4'%% pfd
Wolverine Portland Cement
Woodall Industries Inc~J
105%
h
Apr
15
101%
97% 101%
__
' M-N
3s
Edison
37
Southwestern Gas
Willson
100 y2100%
''' — —
'
*—
•;
$107%
F-A
mtge
*
*
:
J-J
1952
1
1
& Co
Products
50
36
Scullin
15
59
101% 102'/8
100%
102
A-0
A-O
A
1
10
Oil Corp
(R C)
30
30
101%
97
vr,
series
Ki'
:y""
perpetual certificates
5%s
i
i;
y
105%
97
3,400
30
15
11
;;'-i-.'v.,•
1964
—.—.1949'
Public Service of New Jersey—
104%
..
97%
97%
M '102
1955
:_1964
Light 5s._...
Safe Harbor Water 4%s_...
35%
108%
115
"
?■;u 30
Queens Borough Gas & Electric—
10
;
ti
Power
mtge 3%s_._.
6%
Western
Williams
/
A-O
..1968
1971
.
Sinking fund deb 4s
4,650
2%
112% 112%
1
1 08%. r
in
__
$105 %
Utility Corp—
Lexington 1st mtge 3s
1st
2%
6%
Ward Baking Co warrants
Warner Aircraft Corp
Wichita River
.
Af-N
3%S
ii—...
....1970
"Power Corp (Can)^4%s B..i—1959
Public Service Co of Colorado—
3,900
Westmoreland
•
.-i.i.-—-.1954
■H
1,050
Waltham
'78
105
*
•
■
1948
;f
105%
97
'
'
M-N
Pennsylvania Water & Power >3 y4S.1964;
—
38%
■;;>
97
97%
%
M-H
.
Park
*
1,000
1
''
$104%
M-S
J-D
;_1950
1st mtge 3s._.
;
Texas
,J-J
A5%s series A (54% redeemed)..1948
32
107
i
102% 104
65
?m;
108%
'
115y4
111%
105%
11
--
105
$112%
1947
England Power Assn 5s_.
Ohio Power
13
113
68
105
$105
M-S
....—.1948
5s.
5s
North Continental
Manufacturing
West
$60-
A-O
F Y & Westchester Ltg 4s.ii_^..2004i^l J*J jJ
37%
55%
105 y«
109
i
7;
-106% 106%
\
Petroleum
Venezuela Syndicate Inc—
trust ctfs ext—•
preferred^-.ru.±~100',
110
$102% 104
1948
Debenture
Wagner Baking votlng
32
104%
If,
115%
;;H0 ;
J-D
....2022
5s
'1
New
7%
$111
..
j|f-s
,
1981
N V State Elec & Gas 3%s-wi-—.1964
Waitt & Bond class A—•
High
•
comihon.jL—
13%
101%
"
convertible preferred.
12
103%
90
31%
F-A
^..1967
4V2S
New
Waco Aircraft Co
98%
H.
'
105
•*
J-J
1963
Light 4 %s
Nebraska Power
Conv
Vogt
Low
16
S;.\
97
January 1
,
No.,
!
.
New England Power 3 Vis
Venezuelan
■'
105
J-J
—1956
to
95
Sold
High
' Too%;
fy $21
M-S
...1970
McCord Corp deb 4%s——
Midland Valley RR—
V!
Range for
"
3%S.*—^1969
Kentucky Utilities 4s—.
^
96%
J-D
2022
6s
Kansas Power & Light
100
J-J
"
^::rO;;?.c-■ ^Electric Power 3%s
.1966
Kansas Gas Electric
Jail
Aug.
May
100% 5-i
,
Bonds
Bid & Asked
Low
J-J
Kansas
Range
Friday's
■>
J-J
New
$4
*■ h
.(-• -i-ij-y
Debenture 6s—1952
,,
Valspar £orp
or
Sale Price
Power
1957
Jun
7% Jan
.,- 27
.Apr
'28
Feb
34% Aug
7% Jan
25 y8 Apr
Last
Interest
v
r-:
8% May
.
Exohango
4
Week's
Friday
BON DS
.
iv^1'.-v..'>
Interstate
24% Apr
30%
17%
'
7%
'100/
20%
Sep
22
20
21
4%
19%
'
—
23%
4%
20%
19%
3
■—-
—
3%
Sep
4% Feb
2,200
«.•>-
22
12
'300 .
4%
—-
Sep
16% Sep
600
15
Mar
6,700
2% Sep
—" i
88
Sep
1,100
\12% Fed
■
,
46
V'1'
New York Curb
.
84% Apr
49 y4 July
3,900
13%
13%
13
13
.
3%
.10
Utah-Idaho Sugar...
4
4
-4.'
$3%
13%
.
•*•••"
*'
High
'
69% Sep
700
19%
19%
15%
15%
3
3
-
T».
13%
17%
3%
.*
1,175
600
15
15
—
U S Radiator common^—
Reclaiming-^..--.—
13%
12%
s
19%
_1
class B———
U S Rubber
'H;'
75%
49
49
12%
49
—
^
*
Range Since Januaryl
Low
71%
HV2
48
48
■J
' * vtf 7
*
High
Low
Low,
-!
—
•I
Graphite common—
and International Securities..
$5
25
25
-Preferred
United Specialties
.
common..
,,
Range ••; for Week
•>
k.v; Sale Pricef of Prices
United
Salee
RANGE FOR WKF.K ENDING SEPTEMBER 21
-
-
-
'
1 *'
'
IReported in receivership^;
Abbreviations used above—"cod," certificates of deposit;
tive; "conv,"
"w
being traded flat.
L" when
?
„
w
-
'
_
rt ■
eumuiavoting trust certificates;
"eons," consolidated;earn,
convertible; "M," mortgage; "n-v," uon-votlng stock; "vte,"
issued: "ww." with warrants; "xw," without warrants.
Menace0
week.
-
■!;;
;
:
THE COMMERCIAL & FINANCIAL CHRONICLE
Monday, September 30, 1946
OTHER STOCK EXCHANGES
RANGE FOE
Baltimore Slock
SEPTEMBER
27
Last
Sales
Sale Priee
Arundel
Eastern
ioe
Low
23
9%
100
'10%,>i
34%
36%
12%
36%
vtC;
Assoc com
Sugars
<"
10%
t C—
12%
& Deposit Co.
Fidelity & Guarantee Fire Corp,
10
40
40
*
28
36
40
165
403
A
Rights
Peb
¥Wii Ser
29
BuriL Pistoa
i
Burton-Dixie
Sep
5c
186
Aug
58
Jan
I,
17c
,
n
'my*v-2 e#to
s
Fldeitrv
Central
111
42%
Sep
42%
Jem
Prior
Secur Corp
90
90 V■-•
9,000
90
Sep
650
8%
165
t"..
6'
./
$m£'i w
30
Co
„•
11%
13%
110
y
89
IT
v
—
24
110
100
10%
10%
18%
19%
:31%
"30%
32%'
;
18^;«j
3L
—50
partic pfd
...♦
18-
16'A
-
.50%
50'%-
30
350
Sep
•
18
-120
240
|
\
-
Jan U
20
Apr
:
4-:25%-Jan!»t
86
-
Apr
25
Jan
20
May
41%. jun i;
Sep
f 49 '
May ;
95 %
-140
29% Sep
,16% Sep
750
f
Jtittjl
65% May f
27% May (1
Sep
100
*
53%
21
30
-79
'14%;
Rep
7% Jan
1,350
Biscuit, .common.
„
|
f
22
>•
2,900
Co vtc
j
|
July;
28%;iJuai^
Sep
83
.
"
10%
19%
Consumers
124% Feb
Sep
100
*
Consolidated
2%> 'uFehj j
15% May f
4211
Jani^
11%
90-
89
24
•5%./Feb%|:
,
Feb"
m
4,000
20
75
v.;'I13:>;vJan^;^
Jan'
;"^8^;
1,700 '%
1
(The) Co Inc.
.5
Commonwealth Edison common—25
.
20
.J400
com....
May : *
•
64.'%
110
1
67/» Sep
11OYz 86p *
160h
Sep >;
200
63 y2
10
Uteri
39;
50%^Aprji'
Sep "
225 "f-
.
Co; common.
Service
Aluminum
-
......
"
common..
.
8i
Map
:
26%'Jum
TWfcJaniT
Sep
2'A Sep
1,600
110% 111%.
.160..
106
:50 -
,
21%
Common part ahs v t c B;
.Siuurest'
110-
15
7%
.5
fer Week
elFrieesr
33% Jan
15
;
lien preferred.
;
i
Chicago & Southern Air Xinor.
Chicago". Towel Co; conv pfd.——
'Common-,capital '-'..-izi
Chrysler Corp common..
;
illliilBcslon: StockExchange
Bange
200
106J. 07%
;2%
2%
1
common...
Convertible preferred
Club
Last
600
...
-
37
,37
106%
Coleman
'
Jan
18% Sep
24 :.S*p
W Util common.——50o
Chicago Corp
r
: JMfc
<
90
ii———-1976;
..37
*
Cities
—1975-
Transit Co
5s series A
Sep
10%
700
"
B—<ani«rfy^1#^
Baltimore
36
150
19%
—-?
Cherry BurrellvCorp
*
'
150
.13%
<A.
Bigh
«*.-
n'ST
25% -'27
__«.10
pfd.;
Low
13
Preferred
♦
37
;
Pub Serv. $6
Range 8ince January 1
^
19
i
Illinois
Shares
High
36
.
•-
-
y^.:v€oiiyertU)levprsf6rred?iu^^^^i£-*'
Sep
V*$:: t
Jan
!'
54 ;
Apf I
'46; " Mar 1
Sep
540
42%.
———20^
Bank.
26%
■-.<-<
>43-^ aay*m
Ouaru,
v
National
Western
16% Jan
12
60
Amsterdam
New
3
:i3%
(A M) common-L
Central
Central B
Low
•
Ring)i(»mmoii^^s£-^l,
T'
Castle & Co
,
100*
Mills corn-
Mt Vernon-Woodbury
'
common
Corp
Butlar. Brotbsra ^;
'
Sep
Sep
38;
505
-
31% May J
J3% May :*
55% May f
19% Jan
r
4% Feb
268
I.
r
2lVi Sep
1,175
-i
165;.vVl65fesv,.
I Fidelity
Rang* Sine* January 1
Utah
22%
Corporation
Bali l'raumi rCo common, v
Preferred vtc
—
j
Shares
If el Prices
Low
Bruce Co (E L)
«f Prices
Par
*:
fer Week
Range
Sales
fer Week
Range
Sale Priee
■
Lm*~
Week's
Friday
Exchange
Week's
Friday
STOCKS
WEEK ENDING
Jan
'SS^-'-'Senl i,
Jan
32% May i i
■
SalerFricer
:* •
fw
■/
■
Chemical Co .'vr'^^iii
Sugar RelintoE comi--i^lO(Iv
American. Agri
American
v >
American
Tei
Anaconda
41%>
40%
42%
360
19%frMa»
169% 176%
■
39 %■' 44
3,578
169% Sep
411
30%' Jan
35% Sep
ru
fr..--.
'.
50
Copper
40%
.■*#
■
A Tel—175%
•
American.'■ Woolen
.
43%
■
u,
_.
'Range SitedJtuuuuf l
4<-
sv-.IkiiDr:
■
...
36%
- a
39
135
917
common..
*
1
Fitz-Simons
'
Bird & Son Inc—
Albany
Boston A
</
lOo
Edison
>> Boston
16%
126% 129
127%
25^49
.—100
Ry
47
72%
74
■M Boston Herald Traveler Corp
Boston
126
Sep
Sep
44
Mar
2,530
436
72%
Apr
55
July
86% May
205
Feb
General
4
——.100
£!')'/ 7* prior
—100"
U 5% class A 1st pfd stamped
—100
;
87c class B 1st pfd stampede—__100
'<, 1
7% class C 1st pfd stamped——100
" * 10% class D 1st pfd stamped
100
Boston Personal Prop Trust——*
5%
37
40%
5%
40%
30
Sep
Sep
10%
Iqp
—
ft
10
Finance
class A
800
37
8
392
1
Sep
91
21
475
8
Sep
22% Jan
Goldbiatt Bros Inc
60
23
25
Jan
Gossard
Jan
8%
10%
245
15%
15%
77
7%
7%
?21%
24%
Sep
8% Sep
14
Gillette Safety
Jan
Sept
12%
Feb
Sep
42
Jun
Sep
14% Feb
n%
'
12% Sep
3'/2 Sep
170
;
48%
20%-
450
10%-
250
Sep
Sep
19
'
1Q
53
1
350
43
150
18
9
11
42%
—
12%
10
19%
Cities
5
——
7%
———10
Service
Copper Range Co——:
..
.
I
75
_.
6%
118
.
21%
9
9
50
95%
—
95%
50
9
6%
prior preferred
preferred
Eastern
■a
i''-,
Fuel Associates—
Gas &
iV 4%%
6%
Mass
1st
—_—
Street
Ry—
«
«.
SS
Employers
National
I
General
i
>
Aennecott
;;
Lamson
Corp
4
7
27
Feb
|f
52
Aug
'*
"60
18
25%
Jun
300
8
2,100
50
2,800
25%
Jan
}
12% Aug
:.i
9
Sep
123
428
54%
40
2,487
20
15
33
7
Sep
31%
32
500
24%
Jan
18%
18%
19%
300
17
Feb
19
19
20
300
19
19%
19%
400
750
.*
—
Sep
17% Sep
21%
22%
1,200
27
27%
250
16'A
Jan
10
55%
Jan
Werner
——
Parts
Motor
—
preferred—100
v
-
Indiana
47,Apr
23
Jan
46
Feb
41% Apr
Jan
Interstate
70% May
Sep
51% Feb
26% July
42% Apr
Jan
Feb
45
Aug
La
Jan
5
Aug
Leath
Sep
4%
Feb
43%
47%
625
41
Sep
60%
Apr
45W!
45
45
Aug
49
Jun
Sep
56%
Jan
;
1 L
18
75
,100
15
—
55c
:
28%
216
65c
IT
Jan,'
327
16%
24% 8ep'
53
Sep
410
■% 20
15%
?;r:
31%
*
14"%
Sep
4,200
50c
*„.,
$ Old Colony
RR
Pennsylvania RR
Qulncy Mining Co
Reece Corp
Reece
Folding
Rutland RR
Stone
,;■
■
•
7%
Twist
United
United Shoe
6%
inc—
„
1»
Inc
Sep
Warren
(SD) Co_:
Westinghouse Electric Corp
*
——
132
34%
125
28%
2,551
15
3%
205.
17
15
2
280
%
16%
100
631
16%
35%
16%
50
37%
743
39%
39 V2
35
43%
46%
2,389.
Mar
■
Aug
16
31%
Sep
47%
Sep
47J/2
Feb
2% Sep,
Apr
23%
34
Seir
46
38%
Jan
16y2
Sep
320
300
70
100
Sep
46% Sep
53% Sep
797/a Apr
46%; Sep
17% Sep
23% Jun
50
—12%
.
—
250
50.
35
49
23
23%
400
11% Mar
17%
20
550
13
Jan
10
16%
16%
12'/a
Feb
54
Co
Car
Bancorp
Util
prior
17'/g
73.
27%
948
49
24%
Sep
Sep
18%
11%
550.
15
Sep
_
.
Ontario
f
5%
950
14%
100
14% May
44
42
Sep
51
May
6'A
Jan
9
Jun
65%
Sep
103
May
.19% Mar
37
May
17%
100
72
300
25%
250
22%
24
164
161
2%
22%
1
8%
1,250
22%
210
161.
50
22%.
49% May
83% Jun
Co
21
..*
8
100
common—
60
Mhy
39% Jan
9%
19
21
2,400
8%
100
Pennsylvania RR capital*.
Perfect Circle (The) C6.,
Jan
21
127
50
28
1,400
50
27%
27%'
12
12%
37%
40
■■
9
400
28%:a
12%
13%
36
16%
1,800
2,500
8%
8%
Society Brand-Clothea conr.——t
47%
;
Feb
July
Sep
37
May
24%
Jan
49%-Apr-'"
Sep
12%
25
200
Feb
52
Sep
8 i
..
'
d
It-
24%
,
Sep
Sep
27%
--
300
15%
16%
45 *
150
500
26
26%
20
"25%
''
1,100
"
9
8
^
May
May
22
;
'
Feb
16
Sep
Sep
45
12%
•
.
May
Sep
22
39%
14
7
45
27%
29% JUn
Sep
4
; t
Feb
Jun
18
25%
Sangamo Electric Co commoo——*
Schwitzer Cummins capital
1
Sears Roebuck & Co capital... ...
-*
Serrlck Corp class B common
1
Shellmar Prod Corp common.
*
Slgnode Sieel Strap Co com (new)
•
Sinclair1 Oil Corp
a,;-r>--? ■■■■•-*'—1*-■■■
32
187%
100
10
——
Sep
May
110
102
50
Penn Electric Switch class A
~
19
Sep
2,450
,v
8%
7%
100
Jan
Sep
Sep
■
18% May
Apr
Mfg
*'
< 4
H
19% Aug
220
70
common
Peabody Coal Co class B com.
6%
preferred
53% Aug.
85
Mfg
Aug
Apr
July
9,900
24
•
?:
31% May
13% Aug
25
15%
7%
100
common.
57%
17
*
pfd
60
Sep
Apr
17
20
common
Feb
20
42
*
common
35% May
38 % Apr
16% Apr
43
1,900
H
Apr
35.
u;
II
May
14%
r:
~
common
lien
20
2,300
t
'9%
vtc
-
50
25%
Oak
Jun 4
.
17%
West
Nunn Bush Shoe
52% Jun
'
597/»
Northwest
Nor
Apr
11%
46%
15 Yb
3V2 Feb
15
49V2
53%
\
Jan
4
% Sep
Sep
16 Vz Sep
American
,
17%
75%
17%
41
Sep
Montgomery Ward & Co common
North
6% Feb
Jan
14% Mar
10%
46%
11% May
Jan
10%
*
„
Apr
25
49%
-
Sep
19
900
$1 prior preferred
—10
Minneapolis Brewing Co common
1
Modine Mfg wwiwnn * „,— r♦
Apr
1%
350
250
capital
Hart Inc common
Monroe Chemical
Jan
72
—
4
2% Feb
Corp
Aug
7%
B
West
J
112
11 %
Middle
&
Feb
26%
39%
Co
;.i
,;
10%
40
•
?'
15% Mar
25
22
142
25
6%
;
57% July
7
1
20%
43% Sep?10% Sep
__
yW 8 Smelting jt§f "gp-Min,-.y,•mV-.,;,,' ' 86 ''
Waldorf System Inc——
*v
x6
5
•
1-
May
*
common
1
74
10
110
Mickelberry's Food Prod com
—
'
50
|
,
23% July
9
Sep
55% Jan
30
Mfg capital
&
58 J/g
56
common
Marshall Field
Sep
Jan
110
35%
Jan
3
10%
,
26% July
30
May
21% May
25
5
4
Jun
14%
56
54
Sep
Jan
64
10
*
49%
25
•—25
US Rubber
39 V2
46%.
,
;,—5
common
——
•
.
3%
Unlv
Co
20
.ISO
1,250
*
76
750
Ext
25
17
common
118
3,318
Jan
Mapes Consol
451
'
.
Jan
6
25% Jan
1% Jan
20
1%
3
31%
27%
16%
5M
;
Drug
Mach
3
.3%-
■«-
Co——
preferred
90
122%
2%
*g ;;—
15
10^2
100.
%
%
preferred——
Drill
Fruit
United-Rexall
.•?:
v
Stop & Shop Inc————————1
Torgingtw*ca^^. -• hUnion
85
118
—
50
,OT
,
Machine
Webster
&
f
1
100 ;-r
Pacific Mills common
..
—
122%
•
13
40
37% May
Miller
100
600
9%
79%, Apr
SO
Apt
New
Mining————2.50
18
110
Llbby McNeil & Libby common
Lincoln Printing Co common
Lindsay Light 6c Chemical com
7% preferred
5
20
—100
2%
57%
—
I*
.1%
-
1,050
5C
10%
&
21
25
1
Kellogg Switchboard common
Kentucky Util Jr cum pref
6% preferred
Salle
25% May
44% Jan
Sep
Sep
Sep
17
preferred.
170
26%
New England Tel & Tel
$6
Co common
500
53-
North Butte
Power
Katz Drug
15%
22%
10%
18
9%
;
Jun ;8
100
800
22%
10
common.
300
Mergentbaler Linotype57%
Rac g Asin xnn..-,——Lc'19-
:.
Prod
3%
Narragansen
England Gas & Elec Assn—
5%% preferred
Steel
Warrants
75
2,200
6%
'
Jun
25% Jun
20
—
3%
28%
—1
<«
(new)^
38
26% Aug
33% Aug
19% Sep
5% Sep
15%
common——
33
45
Cos
Indep Pneum Tool
RR
170
22%
capital
Jun
Central
2%
24%
8ervice
Illinois Brick Co
"
61%
20
5%
6%
common:
32%
—
National
Hupp Corp
61%
—-v
9% Sep
19
Sep
17% Apr
50
20
—
common
3%
Mathieson Alkali Works—————
"/
22%
Inc
Illinois
3
Jan
1,701
..
Horders
—
—
Nash-Kelvinator
37%
20
j
•
Sep
Sep
-
10%
145
"Sep ?
2578
100
?
12% Jun
21
Jun
Jan
57%
-
yi-
Sep
27% Apr
10
<120
Aug
28
Sep
24% Sep
29%
—
*
5%
16
32%
Feb
8% May
•
common
3%
r
»
6%^ preferred___50
Central RR
Maine
27
900
37%
32%
*15
—
(Del)
80
17%
20
*
—
*
Coppei
115
31
38%
•
Copper
50
25%
—
•
■„
120
28%
100
55%
—
————* '
Royale
60
16%
* .155%
Hathaway Bakeries class A—
B
.
IT
1
Electric
Class
27.,
--
*
——
Service
Gillette Safety Razor Co
Isle
Sep v.
60
99%
118
27
—•
*
Stores
Gilchrist Co
98%
53
Apr
9
21
Hein
104% May
91%. May
■
common
Assoc
Group
Public
Engineers
First
Inc
Lines
53
Sep
Sep
98%
,
98%
-
;/•?; 6% preferred class B—
100
$
5<jb pld adjustment————100
Eastern
93
J *<
series A_—.—100
preferred
'
—
30%
18
Harniscbfeger Corp com.
Helleman Brewing Co G capital—
.
.
100
——100 V
"May
7%
50
7
6,500
:l
Aug
34
"*
Sep
•
common
Eibb Spencer Bartlett common.—
Eastern
v
111
54%
8%
•
9%
Hammond Instrument Co common.
Calumet & Hecla—.
32%Jatti|
8% Feb
I
Jan
16
1,600
v
10%
•>—
18
common
(H W)
800
20% May
Sep
Co
Razor
200
4
*19
19
I
Great Lakes D & D.common
—
—
7%
Jan
20%
5
9
7
8%
,
16
9%
Corp common
General Motors Corp common
Gibson Refrigerator Co common
Feb
18%
13
100
&
,
8.8
8
9
>
5
Candy
99
—
...J
Fox. (Peters Brewing common—1%
Jun
45
"
*
Dredge
common.
Flour Mills 01 Am«»rir-tt
Four-Wheel Drive Auto
*
150
Sep.
37
'
25% May
•
..Connell
Co
General
stamped —
prelerrert—
Common
.
40
15
109
RR—
Maine
&
640
49
76%
37
;
—
Elevated
Boston
,15
——..
KJtt
(The)..
12%
3%
Electric Household UtH Corp.^——5
Elgin Nat Watch Co new com——IS.
Dock
$
Car
Eddy Paper Corp
'
70% Jun
517/» Feb
'
T Motor
Domestic Industries Inc class A—
r
56%: Feb
200% Jun
;
Diamond
>
>'''38%Ma«-r^ ' 62%Jun
Sep
12% Sep
15% Sep
E
Sep
Jan
Jan
37% July
20% Jan
20%
<
Jan
Xl% Aur
t
.
'
South Bend Lathe
Chicago Slock Exchange
Friday
y. Last
Week's
Sale#
'?5:. Range
Low
Corp
common..
Advanced Alum
Aetna
Ball
10%
common
•
Low
500
7%
350
7%. Sep <
13 %
Jal
600
8%
14%
Feb
17%
350
17
Swift & Gaxapttal
50
110
170
175%
a
12%
17
17
110
170
110
175%
600
10%
14
12%
3,300
l
Asbestos Mfg Co common-
1
A they
3%
3%
4
10%
11%
g
4%
5
"1
7%
7%
&
Co
common
common
Products capital
Automatic
Washer
common.
Aviation Corp (Delaware)
Bastian-Blessing
Belden
Mfg Co
Berghoff
Binks
Co
common....
Co
Brown
Sons
Fence &
Common
For
footnotes
31
406
19-H'
150>
13%
14%
650
17
class
19%
1,050
Sep
Sep
Sep
Sep
10%
Sep
Sep
3% Sep
12%
20% Jan
Sunbeam
A
pfd
134
Feb
1625,
199% May
18% May
Jan
27%
36
28%
45
July
34% J01y
208
51
V5d v
51:
950
18%
;
.;
Sep
Feb
Jun
Sep
41
3,250
21
Sep
40
May
70
49
Sep
;
Feb
24%
"
!T%Mar
49% May
31*"
24,'A
:200
70
71
;
'
23%
71%
600
22% Sep
66% Sep
100*
22% Step
.
61% May
37% May
97% Feb
<
;
*
-
7%r Feb ?
Sep
8%
Jan
14%
Feb
Wisconsin
r22%'i22%r
Western.tfnlon Teleg common—100
Westinghouse Elec & Mfg com
12%
Sep
20%
Jun
49% May
26% Jan
Bankshares
common
Woodall Industries common..
Yates-American
Machine
4
25%
—•
—•
5
10%
8%
■
13%
9%
10 y4
capital
26%.
12%
13%
8%
400
25
1,100
11
750
-
450
;
iran
52
Jan -i}
Janii
;,T7%;'Jan:';:i"
13% May
39%
Sep
Sep
_*,19
9% Sep
Sep
.
V 17% Feb
Sep
30% July
700
13
Sep
22
41
Sep
Alleghany
40%
59% May
42
200
36
Sep
66
American Radiator A St San com—
20
21
350
20
Sep
33%
Feb
200
8
Sep
17
Jun
/
10
100
"
vi
••- Febu.4.
8% Feb
U
Sep
37%, Feb
21%
United Light * Ry&. w i——:
U & Steel' common—' m
Jan
28.:
-
19% Sep
23%
(The)" commox;-—*>..-2
South La Salle Street Corp eonti-f --
200
8%
30%
:45
700
Trane Co.
Sep
'
-
39%. Xpr
.
it)o
i^ooa
13%
8
30
*59%'Aug
.
3% Sep.
450
" ' r
25% May
43
•?
,
24..: *
13
—
'
12
42'A*
20"
20
32%
4ya
17
-40%
Sep
Sep
21Sep
1,000
22
7
Sep
18
Sep
12% Mar
10%
42%
4%,:
3r
43
'
12
'
17%
30% Sep
50
.„
24
*
'.
4%
25%
130
32%
25
;
10%
30
21
450
3,400
1
Corp common
—*
Machine Tool common—5
5
page
Sep
10
1
see
400
19
capital
Wire
950
1,100
30%
capital..
(E J)
1,10a
*
Borg (George W) Corp
Borg-Warner Corp common
Brach &
400"
|
common
Brewing Cnr?
Mfg
14
10 V*
32
21
4'
,.
.
Sundstrand
10%
27%
19%
'
FurCorpcommoiKa^-—ID
11%
100
Equipment Corp
Storkline
9%
100
pfd
Aro
1
Bigh
7%
American Tel & Tel Co capital
Armour
Range Since January
High
10%
Allied Laboratories common
American Public Service
•
26%
30%
....
.
7%
Castings.
Bearing
Shares
.',v';"n
.
for Week
Sale Prloa -«f Prices
Admiral
common..—.
St Louis Nat
"
STOCKS
Inc
17%
Works cap (new) —5
..E-,
Stockyards cap
•
Standard r Dredge .preferred
■
—20
Common v
"
"
4
,,,, ,.-t-.
Standard Forgingecomrnon—.L:
Standards-Oil of Ind capital.——lft
Spiegel
Feb
Unlisted-Steeka—.'
-
May
Corp
Mill
Anaconda. Copper Mining
American
Rolling
—
*
10
50
3%
4
500
3% Sep
7 %, Apr
14%
15%
800
14%
Sep "
30%
34%
500
30%
Sep
36%
38%,
BOO
35%
Sep
23 4 Feb.
42
-
Aug
51% Feb
THE COMMERCIAL & FINANCIAL CHRONICLE
NumbeT 4529
.Volume 164
OTHER STOCK
RANGE
'
Last
Ran re
Sale Price
Low
Atch
Steel
Corp
Low
104
Columbia Gas & Electric—
High
w
Jan
Sep
25% July
9—
Sep
13% May
100
11
Sep
20%
6Va
800
6
Sep
300
9
Sep
10% Apr
Sep
51%
Feb
Sep
13%
-Members
12% Feb
Jun
-
-
New York
Apr
9
General. Electric
lnterlake
Corp
6%
Motors
Laclede Gas
L) Co
Nash-Kelvlnator
Packard
Pure
Oil Co
Radio
(The)
America
Corp of
Sep
25%
Sep
37
24%
Sep
35
6%
Sep
10% May
100
14%
Sep
32
Apr
38
Aug
200
7s/a
15%
32
400 J
24 3/4
r
4 29%, Sep
600
211%
Sep
Feb
67
23%
:20
Feb
10
Sep
19
Radio-Keith-Orpheum
17%
17%
18
16
Sep
28
26%
28%
26 Va
Sep
Co
&
Ap*
40% July
•
.'•/
Baldwin
/-•
18ya Jun
Sep
67
62%
Feb
78% May
13%
12%
Sep
Sep
38% July
8
Sep
14
Crowley, Milner
3%
Sep
66%
Jan
12%
Sep
3%
14%
6% May
Pavldson
86% Apr
*S
Pecroiv
"
20% July
Cincinnati Stock Exchange
Range
•f Prices
Sale Price
Shared
Aluminum Industries
|.
i
Cincinnati Street
I Cincinnati
Par Wood Inc——t
44
—*
18%
20
18%
Sep
243/4
Apr
121
33%
Sep
46%
Jan
Mar
3%
150
Jan
6
451/a
50
43% Sep
65
May
193/4
76
15
Mar
28
Aug
Sep
115
Finance
Eagle-Picher
1073/4
68
•
14
14 %
1,183
Sep
20
99%
212
89
Mar
106
56
44
Jan
45
faallLkmp
May
44
Feb
13%
II1/4
40
11%
13
'
Sep
May
-
Kahn
preferred
I
K-roirer
20
21%
80
18% Sep
50%
10
50
Aug
513/a
25
49
Mar
52
46 3/8
48%
75
16%
16%
——————i;——i~i~—asu.- •"
.—2.50
;i Magnavox
class
Randall
U
S
»
Playing
*
58%
26
29
5
235
44%
6
>
55%
26
Cities
>
Service
71
fSF
City Ice dg'Fuel.,..,.
Columbia Gas
83%
59% Sep
Apr
50%
•
125
46
32
Jan
57
51
400
50
Jan ;
£3% Mar
y
Jun
Motor
26
42
May
•f Prices
Alleghany Corp
Coach
6%
...
6
a53%
*4
12
Erie, Railroad
.80
Tire
^
.9
9%
:■
-v.
^
16 3A May
Sep
16
4,
,
sep
Jan
6
July '
16%
Feb
80
8% Sep
5
23
r
Mar
50
Jan
Mar
6%
8V4
Jun
8%
4
Feb
-
22
6%r
14%
>
^ y
^
6%
7,
5%
^4-
6
..
9%
'
&">!;v 'r
Sep
2
3%
Jan
a.14% Jun
147/8
Sep
4 25% Jun
•
9%
Feb
4
Sep
*6%
Ser^
2%
Sep'; "
.
Jan
.
13% Mar
5
Jan
3 3A
4
1% Sep
18% Sep
11% Sep
Jan
33
/Jan
4 21% Jan >
,
2% Sep
5
(
May
,
i
'
*
Sep
'
3%
100
7% July
;
Jitrt
47%
'
3% Sep /
:
I2k Feh
,
Sep
-;
38~-
510
2,550
6%
§
4 « 480
3%
r
Feb
34
45% May
100
300
c^
Jun
28
4./;5%.v.Sep44v
1,170
4%
3%
,
i
89
S9
—
'
Jun
20%
Sep
14%
877;
1,500
14,955
225
7%
5%
.
' 5%
v
$
4L——,1
2%
27/a
-
Jan
26%
Sep
Sep
Jart
17
100
'
*12
12
2%
*
6%
2%
2%
l%<,
2%
19
1S%
17%
:
4;
Sep
17% Mar
300
900
345
2%
36
2
15% Jan
Sep
9% Sep
.
100
" 477
15
Sep
171
140
20
a39 %
20
*
a65% a69%
56%
23
27
30
100
;'
/■
:
37
30
12
9%
9%
7
Jun '
Jan
,
'
4%
Sep
Jan
'
• —
Sep
39
54
Youngstown Steel Door (Un)
page
—
—
—
,-1,11,1.
1625.
4%
400
4
300
17
6%.
6
6%
13%
a-
.
'
12%
/
50%
'
5
11
Sep
300
B 6
t
-
3.
2%
FAIRMAN & CO.
26
/
Mar
53%
17%
20
Sep
25
Member Los Angeles Stock
Jan
53%
Listed
3%
8%
Sep *
210 West
353/i
19%
Feb
29% May
Sep
47%
al0% al0%
60
10
Sep
19
a603/8 a633/8
al8y8 a 19 %
7
.
23% Mar
15%
10
25
287
'
738
SCHWABACHER & CO., SAN FRANCISCO
Sales
Week'a
Friday
stocks
Last
49%
27% Aug
>/
34%
Sep
Sep
40%
Sep
63
Feb
for Week
Shares
Par
Air eon Mfg Corp--,-—
——-—500
Randini Petroleum CO ——1
Barker Bros Corp ^common—*
7
7
3%
33/e
7
/
3%
100
1,200
;
a28s/a a31J/a
270
1.05
1.10
3,000
Jan
Berkey & Gay Furniture Co———1
■4 3%
3%
300
Feb
Blue
Jun
14% Sep
20% Mar
973/a
7%
Diamond
Chica
Oil
Corp
Corp
8
2,330
5%
——.2/
1
Broadway Dept Stores Inc common—*
Bolsa
6%
2,425
48
1,875
51%
24% May
66
Barnhart-Morrow Consolidated
10
250
75
-
Sep
25% Sep?
*
Sep
California. Backing Corp common——*
</'
60
a333/8 a33%
Feb
Central Investment Corp
22
Feb
16%
17%
44
Jan
31
Jan
—100
Corp
1
Chrysler Corp
5
Colorado Fuel & Iron common——*
Preferred
Products
^
20
82
12
7
60c
Sep
3
Sep
6yb
Feb
16%
Jun
>
Jan
6
5
> 8%
Apr
7%
Jun
70% May
Jan
Jan
45
85% Sep
33
May
22
Sep
163/4
Sep
795
82
Sep
136%
Apr
390
12 yB
16%
Jan
1.75 Aug
5% Mar
48
Jan
67/a
41
>
May
10%
Sep
23%
Jan
16%
Sep
'
16%
11 Va
Sep
3% Sep
27%
1
High
270
:
82
11%
Sine* January
705
24
Certain-teed
83% May
57% sep
18
July
34%
22
100
IJ«el4
30
Sep
Ran re
ptOW:'yC2
High
Low
1
Jan
159
t
Range
ef Prices
Jan
285
22
a25% a255/a
Unlisted Issues'
7lh Street—LOS ANQELES 14—TRinlty 4121
Apr
Sep1/
25
/
—
Feb
14%
311
25
BRORENACE
Direct Priviti Wirc« l«
Jun
a253/8 a28i/a
a69% a7iy8
.
facilities
Exchange
ALLEN & CO., NEW YORK
Apr
40
25
*
Sep 4
Jan
Sep
50
x-
2
Jan
6% May
4
Apr
Feb
17%
9
24%
16%
62%
Sep
35% Aug
Sep
Sep
a22% a223/a
16%
Sep
AND
100
>
Jan
Feb
Sep
Sep
50
a25'/8 a29
51 // 52
Jun
20% May
2%
1,600
1,850
Jan
8%
■
Mar
46
50
8 :*
17
Sep •'/■■-
-
13
400
51
2%
■/'•
Feb
Jun
26% July
Sep
Mai1
-960
1,843:
6%
13%
lf%
2%
2%
seji
.
8%
19%
4 9% Jan
4 6% July
Sep
Feb
45%
/
i0% Sep
65
22
■.
—J
.■■■i,-
;
12
6
13%
/.
4%
COMPLETE INVESTMENT
Jun
20%
36
37
1,500
25
r-
common—*
■
-i.
,
Jun
100
al5% al5%
Steel
Tube
-
/
-aaa-50
Apr
33%
43/8
3%
24%
Standard Oil
For footnotes see
6%
Preferred
32% May
11%
al5% al6%
4%
•
•
•
*
of Ohio common
10
commoii (Un)
—*
Van Dora Iron Works-————* 1
White Motor
——-1
17
785.
750
100
t
17%
i:; 4%'
*'
//
330
/
•
Sale Frlce
—a—*
jSeiberling Rubber
i-
?
,
-:
Apr
77
Sep
945
22%
(Un)
50
—
M Radio Corn of Amer (Un)
•
I Reliance Electric & Eng
5
—
Republic Steel (Un). ,, .v.
Richman Bros ————51%
a.,
88%
Sep
130
42
■
t.—--xj^.10
•
—-———
...
Sep
27
162
9%
common
6
11%
4%
Jun
306
12
20
56%
21%
50
37%
—faaa—1
—
6
—
6% Feb
Sep •-'■■■
5% Sep
10
Mar
4
Jun
51
115
30
42
60
'
a34% a38 %
_j•
(Un)—i
^
•
80% Jan.
Feb
63%
120
a40% a42%
52
Sep
36% Jan
175
Sep
50
90
all% all%
4% : 4%
612%
4 Vg
--
-
-
Prarner Aircraft common, .v..
Wayne Screw Products new com—:—.4
Feb
37%
184
23
Sep
37%
50
52%
*
c»v,oo-
125
a39
•
.
Feb.
9%
39'/a
& Mfg-—J
■-...I-.-,
Sep
a38 % a39 %
a39%
nr
Mfg new common-^-
May
Feb
41%
48
77
a50% a53%
59%
} Pennsylvania RR
.
34%
n
*
4 Patterson Sargent
vnunestnwr
Sep
*
.'-4",'4'""
UdyUte
Apr
common-
4 N Y Central RR
I Ohio-Oil
(Un)
•
Sep
19
83%
Portland Cement——
•
a44%
a 10% all%
35
,38%
52
57%
Machine
-.
21
27% Sep
10
537/a
181
38%
——*
—25
(Un)
com
National Tile
8
y. \ r.
(<(
44^2 May
i4
650
a3l
62%
(Un)
■
U
{,; 4,a
275
528
i.0%
36
—
*
—1
StandarS Tube class B coin--—.—a-—.'.1
Sheller
Jun
;-; Industrial Raydh
! lnterlake Iron
(Un)
*
! lnterlake Steamship —
—•
"4 Jaeger Machine
——
*
Jones & Laughlin
—
1—•
Keliey Island Lime & Trans.—sss—•
Lamson & Sessions
10
^»,v'
10
——2%
L
feickel (HW) common—.0—2
Jan
I Gray
Drug Stores,-—
i Great Lakes Towing common
| Medusa
Jan
Jan
42
Goodyear Tire & Rubber common
McKay
Feb
4
Sep
Jun
23%
4 General Tire & Rubber common——_5
F)
200 %
28% Jan
(Un)—
General Motors
(B
8%
Sep
165
Z*
& Rubber
General Electric
Jan
;——-——-10
(Un)
Faultless Rubber
Goodrich
Jun
6%
25% May
Sep
170
Jan
9%
Sep
1,580
a43%
—
20
41%
Sep
Sep
3%
10
14
| Cleveland Graphite Bronze (Un)——1
5
6
280
a4%
a30%
—
24%
12
;
al70%al74%
1
•
Range Sine* January 1
Low
6%
12
14
100
City Ice & Fuel
.5 Cliffy Corp
; I Eaton Manufacturing
■1
.-.——J.
union; Investment
P S* Radiktor commohasaaaa^.-—i.a«—1
Shares
a4%
(Un)_
;
1
& Body————5
4 American Tel & Tel
Co
~'
2%
McClahShkn Oil nritnmnn , .
. /I
; 2%,;
Motof;:^rbd5tt8/^a«u^ifey,,./..r^r.ra-,..»'X// 19Va
River RalslQ Paper
.
High
a27% a27%
50c
Manufacturing
Brass
Glldderi
15%
17%
5%-? 6%
„
Timkeii-Detrolt Axle
flvoli Brewing
for Week
Low
—10
\ Addresso-Mult common (UN)
k
July
21
Sep 4;
2%
'
530
9
—
'
May
Sales
Week's
Range
Bale Price
f Firestone
38
400
629
20
17
2%
-J
prudential Investment
28% May
53
Pur
■-t
ny4
Park Chemical Co common-—;
80% Aug
Last
»
9%
22
15
__
*
Peninsular Metai ProductS-,.
:T4;'-;' Jan'
stocks
American
*
Parke, Davis
Sdp
Cleveland Stock Exchange
•
9%
22
19
s-——>.1 '
10%
'
9%
&—4.8J—.1 *,/ mi14%
Corp
Superior- Tool
;
Aug
-■,
-J Pure Oil
| Standard Brands
Akron
—
;4.-
Packard Motor Cat
Aug
41% Jutt
...„—
common.
Car_
68
6%
6%
—
Murraf cotp
National Stamping —
42
j General Motore
: v
May
Apr
4Va Mar
2;i87
2,715
300
500
Masco Screw Products—i—iu.——l
Feb
203
-
..—i
i
Feb
17
Sep
-
11%
/•
,100
5%
Feb
7
Apr
May
8%
| City ''Gee-^i——
f
9%
bep
:
8
200
8%
,68
takey Fdry is Machine.
Aug
31
Sep
Sep
-
Mill
i American Rolling
16% July
4
5
;
225
53Vi
OVa
Kingston Products^.—^.^^£^——---—-—1
Kinsel Drug common—-1
Kresge (S S) common.—^—
10
UnUated-—-
j
9%
17
5%
May
3% Sep
'
300
8%
5%
23
100
50%
—
Feb
Jan
28
23
,180
450
,
Jan
23
23%
3,480
•
2%
9%
20
'
:
.
17
----i.———
—
King-Seeley Corp
.
11Y* May
/Sep
5
-
17
Sep
esya
64%
—50
-—.
-
216
5
.
"
Sep
Sep
f Sep
10% Sep
5% Sep
250
1,260
:
■
/12% 12% /
5%' 5%
—
Mfg common/^ii,——«Ai2Va
Kaiser-Frasef
July
Jun
14
>
-
597
56%
aa~*
-fe-—^
50
26
5
4%
32
—
Hurd Lbck & Mfg commoh-u.^—.^---1
65% May
44% Sep
-
43
i
* -e-
6
57%
*
"
•
-
.
~Card-I—-I—————10
I U 3 Printing
It Preferred
>
1
--7-/*
A—;———_ 1
R
f'lacc
l
■£<*■■
Gamble
&
■/Procter
•*
'
4 National Pumps
—
Houdaille-Hetshey
56% May
513/a
21%
12%
4
32
Vjt.
,
Hoover Ball & Bearing common——10
kdYsMetf
50%
.—50
.
—.
3% '
3%
12
/,
Jun
14% Sep
1,030
1,050
/ 2,426
5%
6
23
( 24%
—
12
HoskinS
May
—-•*
---10
—
class A
,i
11
^
Feb
21%
135 y2
.
Feb
1%
Hudson
i Hobart
10%
'
8
" 24%
General. Motors
;
10
Perity Michigan Die Casting-—^--—1
Goebel Brewing
Graham-Paige ——j-1
11%
I
790
500
11
14%
--
j*
——t
35 %
44
.
18%
14%
^—8
--i——
Gemfner Mfg class
96%
141/4
973/4
170
250
5
Sep //
20
2%
General
1073/4 108
107%
Sep
<.
—
.High
3%
50
f Dayton & Michigan gtd
Low
193/4
193/4
00
—
Telephone
Range Since January 1
45%
;
2%
14%
/90
4^V* '
u—15- ' -/iJ
33%
Machinery—-—20
I American Products -_.——
„•
i Champion Paper & Fibre:—
—*
Cincinnati Advertising Products
*
Cincinnati Gas & Electric pfd—__100
May
—
_l
•18%
*
.
Laundry
American
Jan
53
,
High
LOW
.
Per
19
Sep
11 %c 12%
—
Friars Ale
for Week
Sep ;//
33%
90
1
—
Feb
11 y2
260"
12%,
federal MotorBrewing
rankenmuth vTruek^i—^ii.--»—i--i—*
1
Sale*
Week's
Last
r
—
7%
Sep
400
488
34
19
—
5
-i-t.—^i-,—1
-———a.
3%
3%
12%
83%
—
Navigation——-—i—10
common,
i.
20
Electromaster, Inc
Federal/Mogul
3%
/^:2%
2%
14,200^/
14%; 14% '■
163
.2%
*
—
cieve
Setroit Gray Iron.
etroit-Michigan Stove
Friday
Rahfe Since January 1
Lew
High
/
■
7
34
__
—1
s
Detroit»Edison
STOCKS
High
■
12
10
—
Bros
<a
'
^
/*-"
*
—5
i.—
20
3%
\
1
■
Machine
8%
May
.
;
Consolidated Paper
Continental Motors
12%
Baler
for Week
'Shares-
ofFricea
/:.///>//; tow
-u—/
23%
'
8%
common
//■.
Rubber
Briggs Mfg
/Brown# McLaren
Burroughs Adding
Chrysler Corp
22% May
23
$ United Corp
f U 8 Rubber Co common
Wilson
Allen Electric
28
12%
—
-I Studebaker Corp common—
Sunray Oil Corp
4:
14%
Par
67
67
of N J
'
:
Jan
''Si
14%
Week's
/'' Range.
'■■■ lAat
SaleFrlce
4
28% May
10%
Standard Steel Spring—
/
>
„
Exchange
Friday
;/4'4/44.' 444/
/Feb
10%
Republic Steel Corp common
| Standard Oil
Detroit Stock
STOCKS
37% July
23
14%
.
Jan
591%
14%
'
;
Jan
2,650
25%
10%
/ Socony Vacuum Oil Co Inc.
i Standard Brands common—
"
•
Apr
23
common.
DETROIT
"
Telephone: Randolph 5530
Jan
44
Sep
15
1,400
——•
common.
Chicago Stock Exchange
; .■•■/ ■/' '■
Building
8% May
15
22%
4
Ford
Feb
20%
Sep
5%..Sep
950.
31 '/a
,i.,.,,..33%
Pepsi-Cola CO—Pullman Incorporated
New York Curb Associate
*
.
32%
16 3/a
15%
2%
1
com
new
38
16 '/a
25
65,8
i
7
6
-
100
15
;;
Inc
1,150
15
.
Pictures
6%
38
16
capital—
Corp
Airways
Paramount
■■■Tl
common
Car-
Motor
Amer
Pan
37%
1.'.
10%
l.
Co-
American
North
y ■(.
Corp
Central RR
York
New
3,400
—•
Light
(Glenn
Martin
commo
800
75/a
6
„
■
39%
38%
Co
Graham-Paige
Iron
9
;
Stock Exchange7
petroit Stock Exchange
I;/.///-*; ■■'iiv'ii//■/■/
■
Farnaworth Television & Radio
.
Watling, Lerchen & Co.
Jan «■
100
:
12
12
'/ / 6
uaw—t
800-
93/4
9
i
Continental Motors
110
Jan
16 Vz
800
18
Jan
94%
common..
16%
•
Range Since January 1
//V'://
Certam-teed Products
Curtiss-Wright
Shares
-loo'
Top & Santa Pe Ry com—
Bethlehem
i
High
.
27-•
SEPTEMBER
for Week-
of Prices
Pat
EXCHANGES
WEEK ENDING
Sales
Week's
Friday
STOCKS
FOR
v
25
24
7
Aug
Feb
'
THE COMMERCIAL & FINANCIAL CHRONICLE
Monday, September 30, 1946
OTHER STOCK EXCHANGES
RANGE FOR WEEK ENDING SEPTEMBER Z7
Range
STOCKS
for Week
•f Prices
Shares
Last
Sals Pries
High
Low
Last
for Week
Range
of Prices
Sale Price
High
tow
*;
Sales
Week's
Friday
Range sine# JaanasK i
Shares
,
Range Bines Jannary 1
■
Par
-
Inc
j Creameries of America,
Industries
Dresser
13%
Ltd class A
1.65
1.85
.
Kaiscr-Frazer Corp
S
Co
Wells
Co
Petroleum
Aircraft Corp.
Angeles Investment Co
Merchants
Oil
Warrants
Corp
Aircraft
Gas 6%
Pacltic
Sep
19%
Jan
15%
Jun
12% al2%
50
Jan
Inc
53
2,768
50
360
25
57
Sep
•
Carbide &
Pacific
United
Air
Aircraft
Corporation
50
May
U 8 Rubber
Sep
29c
1,500
20c
Feb
10%
1,950
10
Sep
10%
Sep
Western
16%
1,090
15%
Sep
20%
Jan
1.60
12,600
3%
3,340
65c
1.15
420
17c
American
Aug
Baldwin Locomotive Works
Budd
Pub
Delaware
Co
Light..
Electric Storage Battery—.
Brothers
Lehigh
National Pr
Jan
-Tan
Pennsylvania RR
Jun
Penna
Jun
Philadelphia Electric Co
69%
Feb
Feb
Penna
Sep
15%
10
1
15%
220
Sep
382
15%
Reading
Sep
Co
Dome
Scott
Sun
a5%
a5%
a5%
12c
10c
12c
3,400
& Stan San Corp——.*
Smelting & Refining Co
*
15%
a51%
15
15%
1,180
14%
Sep
23
a49% a51%
185
47%
Sep
Sep
198
Co—
Amer
80
40%
Feb
70
825
11% Sep
12%
7%
41
7
1%
5%
5%
3,529
/1 American Tel & Tel Co——
38%
735
35%
5%
20%
21%
5
-11
12
100
a87%
/ Atlantic Refining Co__.
Aviation .Corporation -—,—3
950
10 %
24%
28%
Jan
Sep
9%
Jan
41%
24%
26%
9,221
29%
287
119% 120%
78
26%
•
119%
1
3
22%
—
98%
--
24%
98%
18%
49 %
July
Sep/
27%
1,670
22%
333
Jan
30% May
33% May
27% Feb..
117% July
200
17%
24%
Feb
Feb
24%
211
47%
40%
5,307
40%
29%
•
common
common
—50
common
Oil Corp-
1
Transit
6%
common
Investment Corp
6VB
121% May
46% Jan
Sep
98% Sep
46%
45
46%
374
63%
61%
63%
37
common —_25
101%
Sep
33%
'
—
Feb
60
Sep
Jun
78%
July
Jun
1%
174
4%
3,102
3%
Sep
3%
3%
4
2,200
3%
Sep
47%
47%
47%
46%
Sep
19%
20%
966
19%
Sep
30%
29%
•
preferred
United Gas Improvement
-13%
Westmoreland Coal
12%
Sep
Sep
61%
1%
•
Jan
6%
45
Sep
3%
35
317
27
Sep
47% Mar
4
......
17%
48
•
•
Paper
Feb
.
—20
20%
1
f
225
Jan
4% Feb
5% May
Jan
7%
56% July
Apr
a39 % a39%
—
7%
109
394
7%
7%
Aug
Feb
Pittsburgh Stock Exchange
18% May
119% Jun
Feb
50
Sep
7
945
Apr
.
51
,
Jan
34%
20
Feb
68%
Sep
a81%
14%
May
S T OCRS
Week's
Friday
Feb
Sales
20%
Barnsdall Oil
21
560
20%
Sep
38%
Jan
23%
23%
154
22%
Jan
30%
Corp
—8
—
Bethlehem Steel Corp
a38%
275
34%
90%
*
98
98
98
712
5
Boeing Airplane Company
a25
a25
a25
50%
Apr
112%
Sep
Sep
Feb
25
33
Jan
33% Mar
15
a44% a46%
80
52
Aug
52
—.8
a42% a43%
65
52%
Jan
Company
Range
tor Week
of Prices
Share*
Apr
a36% a38%
23%
Aviation
Last
Sale Price
Baldwin Locomotive Works vtc——13
Border.
Jan
2%
Sep
20% Sep
24% Sep
3,426
27%
40%
24c
Sep
12%
38%
50
Z Atch T & s. F Ry Co
1,379
173%
173% 173%
.—.100
Anaconda Copper Mining Co
Armour & Co (111)
Bendlx
Jan
May
17
Sep
5%
Sep
17%
Sep
1,230
12%
Sep
May
10c
80%
220
44%
11%
7%
Stocks—•
Unlisted
Amer Bad
7
5
Mng Co——_—10
25c
Mining
Sep
2%
Oil
$3
#
Gold
Juneau
Gold
50
433
3,871
•
United Corp common—
Stocks—
Mining
Alaska
55%
Apr
Jun
1%
Preferred
Zenda
Jan
26%
54%
.
28% May
27% Apr
33% Jan
Sep
20
26%
Sep
40% Sep
21% May
s
•<*?«*
21%
Sep
43%
—
60
3%% series A pfd..——
25% July
Sep
—
2,685
Sep
19%
41
Manufacturing
Philco Corp common
Salt
22%
22
Salt
preference
4.4% preferred
May
''
21%
6%
10%
2%
& Light
Power
$1
59% Aug
14
'
21
Jan
50
50
7%
Feb
Jun
230
40%
12%
38%
26V4
140%
;■
2,091
1
42%
14%
6%
12%
21
_•
Pennroad Corp
31%
Sep
Sep
15
Sep
Jun
26% July
30% Mar
25
11
200%
81% Sep
170
-
11%
—
50
37
180
6%
*
20
536
12%
„
42% May
Sep
Sep
746
22%
90%
53%
•
ex-distribution..
& Lt
29% Mar
2,619
170%
11
5
common
228
2,230
1,393
19%
10
501
1
Jan
12%
___•
Motors
High
27%
Il3%
Lehigh Valley RR__
1.80 July
20%
Sep
14% Sep
30% Sep
Low
250
87%
„
Range Since Jannary 1
High
21%
•
—-
Coal Si Navigation
15%
Sales
90%
1
fcommon—....
Gimbel
7%
22%
Exchange
12%
Power &
30
15%
Feb
29%
13
Cooper Brewing Co
Curds
Feb
37%
15
53
170% 175%
175%
5
Sep
42%
25
t c_
v
—
37
14%
29
*
....
Feb
40
Universal Cons Oil Co
Co
Chrysler Corp
4% May
Mar
15
Sep
Sep
25% Sep
11
Sep
94
Week's
Low
IIIoo
65
19c
a35 % a35 %
200
mmrn
....
29c
8c
1,055
1,327
31%
12
Friday
American Tel & Tel
Jan
10
fltnrea
39% July
32% Feb
1,
525
a46% a50*%
10
STOCKS
Jun
53%
60
30
240 >
26%
12
1
W)__
Jan
30
75,300
1,708
M Western Air Lines Inc.-
(F
22%
26%
26%
Par
Jan
65
Jan
1,145
.:
Company
12%
Stock
11% May
20% May
Sep
36%
1,000
'31
22%
66
22%
Genera!
24%
8%
..
A
34% May
49% Apr
345
54%
Union Oil of California
Co
Jun
36%
Sep
1,477
33
18%
Apr
'
/
Tel
Jan
45%
Sep
31,797
32%
925
Jan
45%
Sep
100
14% al5%
Union
Woolworth
2.70
Sep
Sep
.
1%
1.40
19%
Shares
6%
16%
1.25
16
18%
new
Jun
1.50
Sep
Sep
22c
Warner Bros. Pictures
for Week
100
56
924
of Prices
14%
17c
71%
Sale Price
824
,56
80
70%
Feb
14%
39%
71%
191/2 Aug
Sep
38
267
a577/s a587/g
a58%
•
4
Range
7%
a24% a26
10
150
22%
3%
4
Last
58
330
6%
22%
•
;
Apr
3,070
15%
Aug
Aug
37%
5
(Del.)...
Sep
8%
6%
a35%
24
160%
Jan
14%
2
67
Sep
92
20
90
37c
33%
133
1%
195
15%
7%
1%
Q9
a3i% a31%
Company
Corp.
Steel
Q9
al23%al23%
Corporation
Jan
8%
1,25 Apr
5,150
59
59
5
July
Sep
18%
Sep
9
162
33%
8
53
755
13c
4,500
1.55
33%
50c
Jan
July
41
Mar
160
20%
Sep
45%
Corporation
23
38
Sep
19%
16%
8%
Transcon & Western Air Inc
a557/e a57%
•
Westinghouse Elec Si Mfg Co
Willys-Overland Motors Inc
10%
1.00 Jan
600
16%
40
8%
33%
20
97 %c July
Sep
40%
31
120
10
2.30
Feb
6
620
170
1,35
1,805
226 % Aug-
Sep
37c
2,400
6%
611
22c
20
__100
42%
Jan
40%
39%
49% May
76% May
Sep
Feb
Jun
42c
Sep
200
1.55
Feb
27
50
4%
1.15
240
41
a25%
Feb
Sep
15
22%
Corp
Co
Inc
United
Jan
215
Carbon
United
1.95
85c
40%
77/b
38
64%
150
a31% a32%
10
Railroad
Lines
Jun
51%
*
Union
Union
May
40
'/ •'
Feb
Jun
27
787
40
59
158
651
16%
25
Apr
1,800
1.40
33%
40%
65%
16%
1
Co
32
all% al2
1-50
July
5214 May
40%
16%
25
33
•
»>\
Texas
95c
16c
—
53
Jun
57
July
47% Jan
64%
*
Corp
Sep
1.35 Mar
15%
•
..
Inc
& Company
76
79%
Sep
95
Calif
...
Studebaker
Swift
38%
Sep
27
1.15
25
25
25
—
Transamerlca
10%
Company
Bunray Oil Corpi\ f.\ j;<l-'-x
Oil
Webster
High
18%
Sep
57
20% Jun
16%
16c
a39% a39%
14%
Jan
8
6%
a
pfd A
7-t-*
Textron
8%
370
55c
Company
Standard Oil Co of
?
837
3%
4%
62 %c
6%
1
preferred class B
preferred class C
Jan
385
Sep
9%
215
•
5%%
2.70 Jun
May
350
2
a27% a30%
Southern Calif Edison Co Ltd com—25
;; Doutnern
60c
5.900
12%
1.40
1,45
—
25c
Signal Petroleum Co Calif
Oil Com
Calif
1.85
10
215
100
25
15%
10
1,027
25
28c
—
*
*
30
Trading Corp
6%
(Ind)
(N J)
Stone
85c
1
;ii Sinclair
So
Co
Standard Oil Co
Apr
485
*
Stores, Inc
Roebuck & Co
Solar
Jan
Feb
16
1,300
_
1
Security Company
i
33%
20%
Sep
1.45
•
common
Safeway
Sierra
Sep
Sep
16%
90c
•
Ryan Aeronautical Co
Sears
18%
25
25
"...—
*
10%
&
Low
14%
a33% a39%
13%
25
/ Republic Petroleum Co common
Standard
Inc...
BW
14%
14%
*
50
U
1
1
p Pacific Lighting Corp common
Brands
29
1
Pacific Gas & Elec common
;6% 1st preferred
■v
WU 1st preferred
Standard
LOW
.//j,;
15
Co
100
1.40
--
|
Apr
Railway
420
15%
1
Northrop Aircraft Inc
Oceanic Oil Co
Bocony-Vacuum Oil Co-
13%
a53% a59%
a58%
1
Monogram
98%
May
50
1
1
Manufacturing Co
Petroleum Company
Pictures Corp
Mt. Diablo Oil Mng & Dev Co
National City Lines I no
Nordon
Corporation, Ltd
Menasco
Richfield
90
26
27
-10 c
1
--1
10c
--.1
100
Oil Co
Lincoln
Apr
Tide Water Assoc Oil
a
Corp——10o
Intercoast Petroleum
Los
31
9%
6%
Inc common
Hunt Foods
Lockheed
Sep
-p v ' '
j
Corporation (The)
-2
General Motors Corp common
10
Gladding, McBean & Co
_
*
Goodyear Tire & Rubber Co com
*
Holly Development Co-—
Hudson Motor Car Company
-..-*
Lane
Feb
12%
9%
Garrett
Jade
45 Y*
19%
a340 a340
Nat'l Bank—100
Farnsworth Television & Radio
\
Pitzsimmons Stores class A
1
Si Merchants
jYi.'/v/j '
Jan
21
10
alO
alO
5
J
Equipment Co
Derrick &
Emsco
Exeter Oil Co.
Farmers
34%
210
a80
18%
*-4
.
/ 1,346
Southern
50c
.
;
..
a80
Electrical Products Corp
39%
22%
22
__-i
'/Douglas Aircraft Company Inc
:
'
38
39%
*
Consolidated 8teel Corp
Aug
54% May
Par
Allegheny Ludlum
Blaw-Knox
Clark
Co
(D L)
Columbia
Steel
&
Low
Low
i
40%
44
19%
17%
19%
11
11
....
Electric
*
Range Sine* January 1
High
44
r.
*
....
Candy
Gas
*
High
250
37%
Jan
60% May
82
17%
Sep
31
Feb
300
11
Sep
13
July
9%
9
1,612
9
Sep
14
Corp
...
Jan
Canadian Pacific Railway Co
Case
I
J
Co
& Southern
Corp
Aircraft Corp
5
Curtiss-Wrlght Corp —„\
Electric
....
Bond
Si
Foods
Co
Great Northern Ry Co
Interlake
:
---
—i,J—.J-
^
Graham-Paige Motors Corp
.
»
39%
a45%
r,
•
6%
Corp
/
Libby. McNeill & T.ihhy
7
:
Loew's Inc
McKesson
&
Robbins Inc
Montgomery Ward & Co, In p.
New
Central
y North
American
North
American
Ohio: Oil
RR
Aviation
Co
IncII_~
Packard Motor Car Co
new
Pullman
Pure
Oil
Corp of America
Republic 8teel Corp.
footnotes
see
page
40
Apr
60
39%
15
Sep
26
15
Sep
29
696
38% Sep
50% Feb
25
69
6%
6%
275
6%
Sep*
15%
45%
100
45%
Sep
11%
120
11
Sep
75
18
45
20%
30%
480
Sep
42
16%
1,068
11
22
McKinney Mfg
Mountain
National
Fuel
10
100
10
Feb
14
10
1
911
10%
Jan
10
•
Fireproof!ng Corp
7%
8%
34%
36%
8%
8%
50
1
—
13%
10
*
Supply
Pittsburgh Plate Glass
Pitts
Screw
&
Bolt Corp..
Renner Co
Standard Steel
1%
1%
1,500
13
1,664
12%
Feb
July
Jun
17% Aug
6% Jan
Vanadium Alloys Steel
13%
Jun
48%
Westinghouse Air Brake
Westinghouse Electric Corp
12%
13%
.
Jan
14% Feb
Sep
2%
1% May
Feb
Jun
12'A
Sep
13%
15c
Sep
60c
Jan
12%
Sep
24%
Feb
38
46
Jan
41%
Jun
39%
Jan
3,300
50
100
38
Sep
8%
100
20c
38
32%
110
13
15c
1
.*
•
12%
Springs
com
*
29%
31%
302
27%
Sep
Sep
25%
26%
520
24%
Sep
St. Louis Listed and Unlisted Securities
fr
-r
'
i
Sep
31%
{
Jan
*,
"
""
*
41% Sep
60
Apr
10%
Sep
15%
Apr
Sep
40% Apr
1,005
66 V*
r
300 North 4th St.,
28%
47
4
{
Jan
51
16%
1,630
14% Sep
245
591
11
Sep
24% Sep
19% Feb
York
^
£
r-
$
^
<■
,
St. Louie 2, Missouri
Stock
.Phone
Exchange
*
Louis
Stock
Chicago Stock Exch.
New
99% May
35% Jan
12%
°
Members
New
St.
May
26%
*» (j
1871
Established
Feb
695
25
»
Edward D. Jones & Co.
Jan
May
235
72%
CEntral
Exchange
Bell
Chicago Board of Trade
7600
SL 593
Teletype
York Curb Exchange Associate
36% May
.29% July
6%
7%
a29% a32 Va
90
Sep
16%
6%
72
29%
Sep
Sep
STOCKS
Friday
Last
12%
25%
Sep
47
33%
33%
236
33%
Sep
46 %
205
52% Sep
20% Feb
690
10%
10%
625
25%
28%
1,455
'
/10
25%
52%
Feb
Sep
18%
%
40
Jan
July
Sales
for Week
of Prices
Shares
or
May
28% May
Sep
Sep
Feb
Range
Sale Fries
36% July
1,549
23%
Jan
1,570
;
28%
4
Jan
60% May
22%
Tn%
15%
53% May
77% May
a49% a52%
V; 28%
70
lfi
Gas
51% Feb
Sep
"*•
,
■
17%
Star
May
240
&21% a22%
33%
17
Lone
34
Apr
110
.
25%
.*
1625.
Sep
12%
II
34% May
25% Mar
Feb
27%
26%
"""
♦
-
Co
Radio
For
/
""l
Hi>o
25
Incorporated
33%
14%
rj
common"
Pennsylvania Railroad Co
Phelps Dodge Corp
Sep
70%
1
in
Cvmpany._.._„_ZZII-IIZ3~*
Paramount Pictures
19
a43% a43%
»
York
Jan
35% Sep
110
10%
»
Sep
23"%
Sep
Feb
a28% a29%
18
20%
*
12%
44%
J"
15
1
Sep
17%
**" '
.
447
Reymer & Bros
6
a30% a31
~~
26%
22%
San Toy Mining
11%
hil
«
f
■'/
5% May
Jan
45%
preferred-,—.
26
22%
32%
348
39%.
-
5
•
Jan
309
a44 % a45%.
"
13%
31% May
35% Apr
Sep
29%
a66% a66%
\
Sep
-Jun
6%; 6%
16% al7
al6% al7
v
corp....
^ j»
Nickel Co of Canada.—.*
Cooper
35% Sep
al3% al3%
International Tel Si Tel Corp—•
Kennecott
160
a
16%
Iron
International
Sep
11
41
Mar
30%
Feb
51% May
78% May
Jan
22%
675
27%
al6%
•
Co
2%
205
12%
&34% a36%
5
Corp
(Ba.Fl
2,405
22%
12 %
<
■
General Electric Co—
General
3%
29 %
.
■
Electric Power Si Light Corp—...._*
i Goodrich
20
375
3%
a36%
.
Share
9
200
22%
5'
Class A
240
30%
12 y4
Crown Zellerbach Corp.
/
9
24
3%
1
22%
Sep
9
1
(Del)
23%
-
30%
•
,
120
Sep
Sep
Sep
59%
24
..
25
Continental Oil Co
;
a24% a24%
Corp...—*
Corp
_*
Continental Motors Corp
;
39
30
120
Electric
&
Solvents
Commonwealth
.
13
a37% a37%
Commonwealth Edison Co
Vultee
380
a61% a62%
10,.
Gas
Commercial
Cons
14.
*
Service
Columbia
13%
;__25
Caterpillar Tractor Co
Cities
14
25
Duquesne Brewing
Harbison Walker Refractories
Borg-Warner
American
Bank
Inv
Bldg
Brown, Shoe
Century
common...
Equipment
.1
.
common-
Co
;
i
tow
—
_3
15
common
Electric
Week's
11%
9
33%
33%
8"-«7%
9
60
'260
f *
15% July
18% Jul
Mar
8
35
—
High
High
Low
11
200
33%
>8
r
Range Sines January 1
Hiah
12
'
<
.
Jan
33y« Sep
-7% Sep
10
10
;
Aui
Aug
45
Jun
45
Ju
10% Feb
10% Fet /
^Volume 164
FINANCIAL\ CHRONIC
THE COMMERCIAL &
4529
Num
OTHER STOCK
l-f*.'••■"{ V
' f-
■
■■
■
EXCHANGES
SEPTEMBER 27
RANGE FOR WEEK ENDING
v
Sales
Range
for Week
of Prices
Shares
Last
Sale Price
Low
Par
Coca-Cola
Brewing
Falstaff
Brewing
General
Shoe
common
Griesedieck-West
Huttig
Hyde
S
D
&
Park
21%
120
20%
Sep
26% Aug
31%
125
30%
Sep
41%
68
Feb
*
Shoe
new-
common
—
Knapp Monarch common
Clay
Lauicue-Cftristy
Laclede
Gas
Laclede
Steel
Light
5
com.
Apr
32
Jan
Sep
52%
Jan
145
143
Sep
50
Sep
15
Sep
20
Feb
63
Aug
General Electric
Motors
Jan
Houston
31%
Sept
5%
Jun
27
9 Va
Sep
1
Sep
19
,125
RANGE
38
Unlisted-^—
North
Mar
FOR
34%
Power
Low
*
20
20
15 *
& Paper com
$1.50 preferred
Steel
A com
common
common
Ltd
Aluminum Co of Canada
Amalgamated Electric
Apr
Sep
24
25
Jan
40
May
16
Sep
25
130
Jan
227
Feb
May
20
20
150
19%
35
35
100
17
18
160
155
168
435
572
35
26%
27
*
16%
16%
Corp
Warrants
7
94
Telephone
Rights •.
501
178
102
Sep
24
178
Sep
216
Jun
6
Sep
15
18%
11%
Brazilian Trac Light 6t Power
British American Bank Note Co
•
20%
22
22
British
Columbia
Forest
•
British
Columbia
Power Corp A
10,642
"3%
•
2%
Sep
2,330
55
3
450
-
23
30%
65
23
5 % May
Sep
2%
5% May
29% July
19% May
Building Products class A——
•
28
27%
28
190
23%
15%
14
15%
204
14
Sep
1
Canada
Cement
$1.30
Canada
14% Jan
25% Jun
30
30
1,815
Sep
25
25
25
30
Sep
24% Sep
20
25
29%
Feb
9
9
40
•
class A
Northern
743
30
•
i——
Forgings
Power
Corp
19%
19
19%
•
'
Canada
-•
5%
50
Steamship common
preferred
Canadian Breweries common
Canadian
Bronze
Class
A
Canadian
preferred
Canadian
Foreign
Investment
Canadian
Ind
25
14
950
240
19%
19
19%
9,081
62
58
62
1,202
41
40%
41
345
47%
Jan
53
20% Mar
29 % Aug
Sep
53%
12%
Sep
20% Jan
22% May
19
Sep
Sep
48%
July
40
78
Apr
Aug
44% May
Canadian
5
13%
Sep
20
Jun
13%
5
5%
Jan
14
July
31%
31%
25
28 %
Jan
31% Aug
33
Railway
Consolidated
Consumers
14%
Mining & Smelting
Preferred
Sep
240
11
25
21
6,180
107
50
18%
107
100
Sep
Sep
77%
Sep
41
Sep
46
May
: 24% Feb
19
Apr
102% Jun
50
May
33% Jun
29%
Jan
11
Sep
Sen
16
Feb
30
July
Sep
119
Jan
18%
107
31%
45%
Jan
32%
33
969
16%
16%
17%
370
Sep
13% Mar
23
Jun
10%
10
10%
126
10
Sep
14
May
43
43
100
43
Sep
51% July
33
100
Dominion Steel & Coal class B
—
25
15%
4,643
12% Mar
23
23%
200
21%
Jan
28% May
25
*
14
23%
15%
25
Ltd
25
135
Feb
28% Jun
100
%
100
24%
Jun
26
May
98%
920
90
Jan
120
May
150
102
Jun
107
24
Jun
24
25%
25
97%
95
•
common
Paper 4%%
conv
103% 104
pfd.100
Brothers
*
Dryden Paper
—
371
14
14
14
•
200
21%
21%
—
23
13
Feb
Famous
Players
Canad
5%
Power
20%
21
16%
16
16%
*
Foundation Co of Canada
Gatineau
18
17%
18
•
'
preferred
General
109
■
—-
1
'
Bakeries
Powell
:
i
River
Co
57c
•
Provincial
19% Apr
20/
.*
6%
26%
35%
93%
*
Breweries
Sicks'
Simon .(H)
-Preferred
common.
new
—100
Boutnam
*
Canada
--
Press Co
Southern
105
——
5%
1%
preferred
Tobacco
Tuckett
preferred
Viau Biscuit common
Cotton
—;
Walker Gooderhara &
Zellers
11%
12
14%
14
14%
Howard Smith Paper common—
•
Hudson Bay Mining 8c Smelting——*
Imperial Oil Ltd——
_•
Imperial Tobacco of Canada common_5
Preferred
Industrial
.
—
—
13
14
———£1
»—i—
Acceptance Corp com—*
Preferred' -——^.-.■-^^—---——100
International Bronze
27%
common
—
105
•
10
10
10
—10
49
915
26
780
35
12%
13
;
14
4,270
4,525
7%
521
12%
Jan
145
105
26%
105
455
17%
Brewers
Feb
Jan
33
Jan
40
32
3,560
30%
Sep
47
International
43
39%
43%
4,046
39%
Sep
20
107%
Sep
6,645
14%
Sep
5%
preferred
International
——
PUlltle»;;CbrP-..M^-,«^5
For
footnotes
see
page
1625.
'
14%
11%
14%
175
May
15
10%
11%
954
12%
12%
50
& Distill
of
Vancouver Ltd—5
Class B
59
Feb
Apr
107%
Sep
27%
Jan
10% Sep
18% May
12% Jan
16% May
—-
Calgary Power Co Ltd 6% pftl
Canada 8c Dominion Sugar
Canada Malting Co Ltd
Canada
Northern
—
„
__
26
Power
1
4%
71
9
100
110%
•
21%
I
if™
Company common
Preferred
■■■
Butterfly Hosiery
9
———
—
Brown
■&.
107% 107 %
100
Jamaica Public Ser Ltd common——*
'V
5%
*
Bright & Co Ltd (T G) common
•
British American OH Co Lta——*
British Columbia Packers A—
*
Sep
30%
38%
Co. Ltd B.J•
Belgium Glove 8c Hosiery common
Jan
7%
27
—
Bathurst Power St Paper
Sep
13%
185
28
Aluminum
38
International Petroleum Co Ltd——*
725
40
75
..,
1
410
10%
4,760
182
9%
20
100
83
119
23
12
99
35
^
—
*/
pfd—100
Week's
Range
of Prices
Low
Works———J—:
*
Ltd 6 7o preferred——100
Acme Glove
31%
Paper common
>
22 %
25 A
34
22%
8ale Price
37%
•
36
10%
Friday v
780
38
—.——.25
;r
88
10
Royal
International Nickel of Canada com—•
Preferred
80
99
Last
27%
26
.
.
Canadian Funds
35%
105"
,
Banks
8TOCKS
27
27
14%
& 131
9%/ L/1,190.
102 yV
35
9
35
Commerce
6
7%
14%.
102
Montreal Curb Market
959
14
30
23
12
10
7%
6%
10
35
,18%
108
Par
7%
20
105
--
Canadienne
600,
12
-.
2,240
300
Gurd
Bridge
,,
105
81%
*
65
4%
17%
Hamilton
275
20
100
Limited, common
855
25
100
20
100
83
119
*
Winnipeg Electric common
Preferred
12%
182
10%
-•
*
Worts com
Wilsils Ltd
28
v
88
88
*
100
*
.
Preferred
Wabasso
22
80
80
*
United Steel Corp
94
18%
*
100
Tooke Brothers
91%
36..
*
25
common
—
35%
105
—109
preferred
Steel Co of Canada
26%
35%
105
—*...>14%
* C
9%
Power
Standard Chemicals common
6%
6
25%
25-
25
105
100
—
Simpsons preferred
14*S,:'
20%
28 :'
28
common———*
& Sons
19.i/a Apr
20%
22
•
•"
Shawinlgan Water & Power
Sherwin Williams of Can common
Apr
102 »/a July
12
Flour
135
109%
16%
common
Sep
14
Apr
Jan
73Va
11%
50%
20'%
——50
A preferred'
Lawrence
10%
45%
*
—
Sep
36
100% 100%
14
Mills common.—*
St Lawrence Paper Mills 6% pfd—100
St
50
100%
*
Transport
St Lawrence Corporation common
4%
J
100
preferred
Apr
17 Va
30
,
11%
•
of Canada
Power Corp
Price Bros 8c Co Ltd common—
Feb
81
152
152
28%
30
Apr
34%
70%
70%
Apr
103 Va
,29
152
May
20
16
29
*
100
•
common
Preferred
83
.
102% 102%
102%
*
Tubes
Page-Hersey
16
16
68
Jun
182
182
68"
Apr
35
28%
26%
182
—i
—
Penmans
:
28
OgilvJe Flour Mills eommon—.—;——•
Preferred
100
Ottawa Electric Rwys
•
Ottawa L H & Power common-!—-100
Preferred
—:
100
25
17
(Charles)
37"%
45%
23 %
15%
185
110% 110%
4
—
15
General Step! Wares common
Gypsum, Lime & Alabastlne
20
17
17
17
220
1,035
25%
25
—
common
preferred
5%%
475
20%
1
19%
1844
.Ltd—--—46%
Montreal
20
Corp
20
—
•
Noranda Mines
Nova Scotia
Eddy Paper conv class A
Electrolux Corporation
;
•
Aug
21% Aug
24
100
May
32%
Sep
23% Feb
25%
VTC
Preferred
Donnaconna
14
12%
Jan
*
Dominion Tar 8c Chemical common—•
Donohue
4,981
30
11
*
common.
Dominion Textile
375
53
26% May
25% May
25
common
Stores
22%
3,810
43
—-
-
Dominion Glass
475
14%
13%
84%
21
1
Dairies
27%
14
30
*
Bridge
Coal preferred
Dominion
Sep
Sep
41
•
Dominion
12%
79
•
Seagrams old common
July
14
3,185
43
*
"B"
32
5,550
16.
84%
5
Dayis Leather Co Ltd class A
325
18
12%
—-•
Glass
Dominion
27%
•
13
24
•
25
Locomotive
Cockshutt Plow
15%
33
14
18
;—•
•
Canadian Pacific
Domin um
18
13%
215
110
110
34 '7.
—100
common
Quebec Power
45
115
141/4
21
! Jun
18
—*
Alcohol common
B
Class
25%
45
13
14% May
22% Jan
25
Cottons
Distillers
24
—
14
15
Sep
Sep
9
100
class A pfd
Converters
B
Class
45
25
20
preferred
Class
878
•
Canadian Celanese common—
Canadian
49
45
25%
—
•
—20
15%
48
—
•
;
15
15
——•
common
Canadian Car &c Foundry common
7%
24% Feb
100
common
preferred
Canada
Jun
35
Jan
5
Dredging__
May
35
Bulolo
Gold
Apr
Jan
27
120
21
14
24
*
.
National Steel Car Corp
Jan
29%
Sep
Sep
29
2%
3
silk" Miiiszrrirrrrzrrrrrzriiir*
Bruck
21%
'
3%
3%
29
_
20%
100
23 %
•
Jun
33% July
.
Feb
18%
v.
Sep
15%
•
•
National Breweries common—
7% Sep
Sep
22
20
110
—100
Cons—•
Locomotive Works—
—*'
Telegraph
40 V/:
Tramways
100
Montreal
Apr
1,288
450
24
24%
460
200
20
'
Montreal Light Heat 8c Power
Montreal
30
167
21
V
—
.
*
Cottons
Montreal
26
29 Ms
" 22
*
—
Breweries
Montreal
Jan
35
Sep
Jun
73'A July
Sep
Range Since January 1
Shares
25 Va
30
——3
(Robert)
Molson's
3% Feb
1% Sep
-
48%
*
Sep
50
165
25%
—
preferred
(C W)
Mitchell
Apr
23
37% Sep
.17%
High
Low
v
McColl-Frontenac Oil
.
Products
t
of Prices
Sale Price
,
Massey-Harris
Feb
11%
11%
*
Sep
Sep
12
22,675
192
6
Braiorne Mines Limited
-
Brothers
Feb
7%
19%
18%
•
100
Bel:
26
25%
*
Bathurst Power 8c Paper class A
74
141
49% May
Sales
for Week
.Week's
Friday
V
•
*
--------————100
Preferred-
Lindsay
Sep
20
94
96
1.50 1.50
-
Corp
27%
Sep
6%
960
7%
*
100
26% July
15
25
59% May
American--—-—
Jan
50
pfd__25
4%%
Argus Corp common
4%% conv preferred
Asbestos
40
37
34% Sep
115
Sep
Jun
31(
Jan
580
108%
SEPTEMBER 27
Lewis
Apr
37
7,227
'
Aluminium
21%
17%
•
Agnew-Surpass Shoe
Algoma
Sep
July
15%
15%
*
Atlantic Sugar
and
.
22% Jun
Mar
32
25
Lang & Sons Ltd (John A)
Laura Secord Candy-—-—
High
Low
14
8,802
*
*
$2.50 preferred
Acadia
Range Sine* January 1
Shares
High
;
Jan
155
Labatt (John) —
Lake of the Woods common
Sales
17
July
LISTED MARKETS
WEEK ENDING
for Week
of Prices
Sale Price
Par
Abitibi
Jun
Jan
Jan
18%
1,207
Par.
Range
150
133
105
•
Fonda
Week's
May
336
0:. Range
Last
152
265
41,
35%
39
ivS
Friday
Apr
10
105% 105%
i 20
' 20%
STOCKS
STOCKS
140
20
Oil ——iAi.
30% Apr
CANADIAN
Canadian
Jun
10
common.
13
865
20
30
,
common.
Jun
General
32
Jan
15
Jan
Sep
143
Wagner Electric common—
36%
135
6%
20
22
31
46
15
5%
20
22% Mar
r
h
14
6%
20
145
35 V»
23
20
•
2nd preferred „——
Scruggs-V-B Inc 1st pfd.——,
Sterling Alum common
Stix. Baer 8c Fuller common—
125
15
50
15
4
common—.—
common—
20
21
pfd—
RicO-Stix Dry Goods 1st
Jun
Sep
70
28%
20
23
165
24%
28'/a
—,
Meyer Blanke common
Missouri Portland Cement com.
100
V
33
mmmm
Proa
10
1
39
*
Sep
Feb
275
24
;
31
15
'
38%
Mar
22
Feb
123
24%
36'%
33
«•
—
:
50
25
22
24
4
100
'pfd—
-
35%
24
Sep
.
25
53
22
22
—
common
'■
•
...
common—
Bhoe
;
50
v-
23
281/4
Jun
i
24%
common
Brewing
Johnson-S-S
21
21%
common
Hydraulic Pressed Brick
International
Sep
common
»
Hussmann-Ligonier
15
'
—I
Brew
26
300
30%
——1 ' v
common
common
35
15
Range Sines January 1
535
24%
McQuay-Norris common
27
15
-5
—
Shares
High
Low
High
for Week
Range
of Prices
Since
■■;:;7Low
t 27
1: i
Bottling common——
Columba
t;'";:-
Last
Sale Price
High
Sales
■//Week's^
Friday
Week's
Friday
110%
Salea
for Week
Shares
Range Sine# January
Low
High
8
9
109% 109%
55
150
5%
10
15% 15%
20% 20%
25%
26
4%
71
9
130
25
40
J 50
785
413
\ .254.
11,110
275
275
110% 110%
21
22
56
57
110110%
310
105
17
8
5%
10
14
8
4%
67%
8%
14
8%
2
Sep
1081/4 Sep
5
Mar
10
Sep
13
Jan
.
High
12
120
1
1
Jun
Jun
8
Apr
15% Feb
16 % May
12%
Jan
21
Sep
25
Sep
28%
Jan
Aug
17%
14
8
Sep
4% Sep
67%
Sep
8% Mar
105% Aug
V
Jun
11
July
8
Apr
104
Aor
11% May
108
Apr
21
Sep
29%
Feb
56
Sep
63
Aug
109
Jan
113% May
Monday, September 30, 1946
.THE' COkMERCIAl; & FINANCIAL' CHRONICLE-
1622
CANADIAN
'
B T OCR &
*s
fjrfcur,
■
Week'r
Rang*
Urt
-?
LISTED MARKETS
FOR WEEK ENDING
RANGE
SEPTEMBER 27
JB»te Frier
■
>;v.;
"
*'ar
Canada
Packers
^,v'
100
class A
Canada Vinegars Ltd
40
EIu»m
14%
Low
14%
50
Feb
40
Par
High
44
May
Canadian
7%
Industries
*
common
preferred
Light & Power Co
—„
Silk
Canadian
Vickers Ltd
•
7%
100
Western
10
Sep
19'A Apr
14%
Sep
18
Fe'o
Santiago
19
Sep
25
July
Senator-Rouyn
Aug
Shermt-Gordon
Jan
Slump
Cosmos
Jan
195
10
Sep
15
400
29
29
200
Co. Ltd
Woollens
Corp
Pairchild
..1
25
25
50
23
45
45
75
43 f
Sep
25
300
6%%
red
715
10~
22
550
3%
3%
275
10%
200
6
100
129
129
129
25
89
Jan
-
21%
49%
20
21%
A..
International Paints
(Can)
6%
conv
preferred..
66
50
130
Aug
32%' Jan
21%
300
19%
Sep
34%
Apr
18
2
18
Sep
34%
Apr
5%
5'A
25
5%
Sep
5%
Sep
4
1,075
3%
Sep
8%
Apr
American
28
210
10%
50
12
12
5
28
Ltd
Aluminium
Aluminum of Can
8%
Jan
Ixiwney Co Ltd
•
11%
11 %
11%
420
11%
Sep
52%
53% May
85% Mar
Jan
Feb
60
33
125
34
14
415
13
195
25%
Jan
47
July
25%
13"% Aug
15
Jan
13%
25%
"
common
8
10
10
•
7
8
300
14%
14%
75
May
15Y4
15%
153/4
120
15%
1.00 Aug
Sep
5c
Aug
'
4.40
Jan
11c
Jun
25%
May
17%
35
Sep
101% July
7
Feb
Jan
104
Aug
Sep
14%
Sep
Jan
Exchange
Fonda
11%
18% May
27% Mar
-
Low
-
Shares
Range Since January 1
High
Low
Sigh
22%
15%
16%
17
5,690
14
Mar
6,415
15
Sep
21
37%
Jun
Apr
Apr
19%
20%
165
19%
Sep
24
Jan
103
104
Sep
107
July
17
50
35%
35%
35%
1.30
1.25
1.40
9,200
24 %c
24c
27c
33,600
16
16%
156
168
Sep
26
Feb
Jau
230
May
26 %
27
460
1.35
1.50
14,000
20c
1,500
18c
99c
71,300
90c
Sep
8.50
1.05
8.40
8.50
2,200
1.00
1.10
15,600
2.40 Aug
38'Ac Apr
1.36
13
8.00 July
1.00
1.95
Sep
9c
9c
7c
8'Ac
9,000
6c
10,000
50c
5
Sep
Sep
95
Sep
1,000
95
95
10
32c
34c
15,100
—1
1.00
92c
1.00
17,100
1
18c
18c
22c
27,200
10
15%
15'A
7%
7
.
2,315
Jan
Mar
85c
Jan
12
Jan
102
55c
23'AC July
68c Mar
16c
Jan
23c
July
70c
Jan
Feb
30c
July
8c
33c
-*
100
1
Mining
Aug
1.00 July
50c
8%c
65c
7'A
Mines
27% Aug
July
1
Jan
16
—1
•
54c
129%
96c
1
May
1.85 Aug
Sep
July
75
97c
Ansley
Apex Consolidated Resources-
1.25
Sep
635
*
-
42
Jan
28
19c
26%
27
1.40
I
1
-
103
20C
100
Aquarius Porcupine
Argus Corp Ltd common
-4%% conv preference
Gold
30
167%
Anglo-Huronian
Arntfleld
for Week
Rang*
of Prices
40%
Canadian Oil
Arjon
Sales
Week's
•
Armistice Gold
103% 103%
2.50
500
—
Anglo-Rouyn Mines
35
..
80c
450
6'Ac
80c
—
*
pref
May
July
25
pfd__10O
Feb,
100
Yellowknife-
17
350
new
300
2.50
6%c
common
14
May
72
McColl-Frontenac Oil 4%
Jan
Mar
37%
common
Gold Mines—
Aigei
12
52
37%
32c
15%
—
Anglo
10%
__
Akaitcho
May
70
....
80C
2.50
6'Ac
1
Agnew Surpass Shoe
35
10%
..
May
Sep
10% Feb
..
•
10y8C Aug
37%
Amalgamated Laraer Mines
3%
10%
*
51,500
17
Algoma Steel common
1
.100
15c
20
•
common
75
♦
Melchers Distilleries Ltd
Preferred
Sugar
Sep
52
13c
•
20
Preferred
Sep
52
15c
3.50
•
Acadia-Atlantic
10% Aug
20
Lake St John Power & Paper
Alfred
Inc
MacLaren Power & Paper Co
May
44%
12
1.52 July
«
preferred
preferred
$2.50
2,385
Lambert
Maple Leaf Milling Co Ltd com
Massey-Harris Co Ltd 5% pfd
$1.50
Jan
10%
.*
600
8,100
—1 —
Abitibl Power & Paper new com
18
Ltd A—*
Inv Foundation Ltd common.
15c
2.40
Par
1,420
*
42c
15c
2.25
Last
50
4
Aug
15c
Sale Price
28
*
Jan
13c
2,750
2.35
Friday
20%
..
Corp.
Int Metal
Aug
1.49
Canadian
46
18
common
Hydro-Electric Securities
Industries Ltd
5%
Jan
*
36c
64c
STOCKS
22% July
Sep
3% July
45
Sep
10%
__
10c
10,504
Sep
37% May
14% Feb
21%
10%
*
Jan
6,600
81c
July
Aug
July
1.45
28c
Jun
21%
July
May
Sep
•
Ireat Lakes Paper common...
Hotel de LaSalle Inc—;
Co
20
25
•
65c
72c
Toronto Stock
33
Sep
19% Jun
48
—„
preferred—
Felt
15
15
__
Sep
Jan
Jan
Feb
Jun
Jan
48
Companies
Hubbard
42,132
33
10 %.
3.65
24c
—
60c
Jan
65c
—
64% May
13'A Jan
48
Ford Motor Co of Canada class A
Fraser
28
45
1
Fed Grain Co class "A".
■
19%
21%
10%
—
2.75
Sep
Sep
21%
10%
a
Fanny Farmer Candy.
38
30
20
-
1.25
19%
20%
100
*
6%
Apr
15
1.07
Feb
45
•
pfd
—
Aircraft Ltd
32
25
31
Eastern Steel Products Ltd—
Mills
Sep
27
50
300
14%
1,400
Mar
Aug
28
30%
2.38
5
51 %c
July
19
1.25
15
1.54
Sep
8Cc
—
Sep
28
30%
Sep
Sep
I
10
1.25
235
57c
25C
•
9% July
4% Mar
15%
1.25
38
200
•
Royalite Oil Company Limited
18
38
57c
2.25
2.30
-
Apr
300
38
57c
—
July
3.95
Oil Stocks
Jan
18%
/
35c
Feb
23
18
—
97,900
Jan
1
_
Mines
Feb
200
,
__
Homestead Oil <* uas tM
10
*
Paper Co Ltd
East Kootenay Power 7%
Jan
7
9%
18%
Sep
—
-1
_
Home Oil Co Ltd
3.80
500
41c
Apr
38c
1
Gaspe Oil
Jan
„•
Donnacona
Esmond
Apr
Jan
16%
25
585
•
Square
18%
16
15
8
18,912
*
*
Dominion
11% Jan
15
May
15
5
Frere, Limitee A
Dominion Engineering Works Ltd
Dominion
77
12%,
8
18
&
Linoleum
62
4%
David
&
Sep
16%
*
Oilcloth
50
4%
Dom
;
82
2%
174
3.95
35c
.
42c
1
51
15
*
*
Westville
5,630
Feb
Jan
17%
Cub Aircraft Corp Ltd———
Feb
2%
12%
3.95
—
nwJL
Standard Gold Mines
Sullivan Cons Mines Ltd-
76
High
v
July
1
Jun
501
98
2,600
15c
*
—
Jun
34
12%
20
111
1944 Ltd
Mines
50
__
m
3oma-Duvernay Gold
fitadacona
150
•
_—
1
,
Ltd
Mines
Jan
Jun
43%
Sep
2%
51
—*
Gold
Ltd
16c
24c
22c
41c
1
Mines
28
•
common
Imperial Mills,.
29
1
Ltd
Low
5,000
20c
21c
22C
1
,
v
31
5%
2% Sep
.
Antonio Gold Mines Ltd
140
__
150
2%
*
1
15
*
Consolidated Paper Corp Ltd
Consolidated Textile common
preferred
178
1
3
2
Co
—
5%
200
10
*
Westtaghouse Co Ltd
Cassidy's Limited common—
CatelU Food Products 5% pfd
Chateau-Gai Wines Ltd
Ltd
190191%
10
100
Alcohols
3,195
2%
common
Mines—
13%
*
Canadian
Commercial
20%
19%
190
A
class
Luinoer
15.
a
preferred
cum
Canadian
Products
20%
100
—-
Canadian
Canadian Marconi Company
Canadian
14%
Gold
Rochette
50
555
San
General Investments Ltd—*
Canadian
,
Range Since January 1
High
Low
1
Quebec Yellowknife Gold Mines-
Share*
ef Prices
Sale Priee
Bsnge Since January 1
<
40
14
...
*
*
«f Prieea
Low High
fer Week
Last
(w Week
'
:r:.:
Sales
Week's
Friday
STOCKS
Sale*
1.70
62c
July
Apr
Jan
Apr
Jan
Jan
18
Apr
5
18
17
18%
3,490
16
Sep
Sep
Astoria Quebec Mines
1
31
30c
33c
61,700
21c
July
87C
Feb
common..*
13
13
13
10
10
Mar
14
Aug
Athona
1
36c
31c
38C
19,180
20c
Julv
50c
Apr
..—
30
29%
29%
29%
10
29
Jan
30
Feb
Atlas Steel
54
55
150
—
20
21
20c
....
Minnesota
&
Ontario
Paper Co
®Itl
Refrig & Storage Ltd
1st preferred
2nd
preferred
Moore
Corporation Ltd
Royal Hotel Co Ltd.
Mount Royal Rice Mills
Enterprises
Orange Crush
Preferred
Pauls
Service
21
*
Ltd—
10
18
Jan
66
30
66
93/^
101
9%
934
20
...
*
•
22% May
Atlas
80%
Jun
Auhelle Mines Ltd
16%
Jan
Aumaque Gold Mines
9
Sep
ii3/4
30
8
260
18
17
6
15
;|l
Sep
Sep
July
15
Feb
20%
20%
*
Sen
16
16
Mines
Sep
1934
__
Ashdown Hardware
9%
11%
*
_*
Stores...
21
66
..
•
common
1
9%
•
Mount
Nuclear
..
May
Geld
Jun
Bank
of
Nova
1 880
14% Aug
22
Aug
Bank
of
100
11
Jan
15
Apr
Bank
36c
1.02
54,400
46c
1.55
Feb
4.20
4.00
4.25
2,216
7.25
Feb
30
35
797
26
Sep
43
May
4.
8
8
10
8
Jan
8
Jan
123
122
123
49
Jan
132
26c
2Rc
5,906
13%
135/.
i0
May
12% Mar
15
31
31
20
30
31
26c
loo
II
*
United Corporations AJ
*
31
115
25c
Scotia
16,450
16c
20c
21,200
25
23%
25
780
33%
35
32%
32%
33%
1,500
10
Base Metals
0
.
.Tan
May
Sep
Bear
290
33% May
40
193
32'A
Feb
38
10c
19
4
6
206
68c
21,000
11,672
1
31
10
30
Feb
26
200
10
Jan
36% July
Beaulieu
13%
134
11
Jan
13%
Beli Telephone of Canada
Feb
Sep
Class
60C
59c
50
56c 61 %c
42
•
13
31 Ye
65c
—1
Exploration & Radium
Beattie Gold Mines Ltd
Beatty Bros class A
24
*
B
Yellowknife
65
50
38
38
75
45c
43c
48c
183%
178
193
44,700
1,598
1
100
'
8 r*,?Qld MlnjpS Ud~
X
1
a
135
25c
RSSS? ^HSnifeT^nes
1
Mines
Ltd
L
16c
,
Minesj
Elder Mines new
■
1000
8%c
'eoo
10c
1,500
10c
26,000
25c
5,500
22c
30 500
10c
30c
?
16c
X
J6c
11,844
24c
3 60
1II
inn
'
-2 fiftf*
ilS
'l 36 ^
16c
.
18c
—
*—••
....
g°^r.^ltd
13^?
18c
5300
20c
75e
•
i
i
75c
q(\
i
75c
-
aa,
i
500
aa
n
—*••••«*!' «»•«».
gS^SSSio^
Hl^ RaBd Gold.
1
:
-
:
'i
i
JoUOMJoebeo Wnes Ltd
'-
H
30e
.
1
1,100
1
oaa
aw
■
2.25
ai
ehn
70c
iS
1.26
16C
1.26
1,600
l^uvlooort Goldfields
i
,
:
I*"
1
Macdonald Mines T.tA
19V**
14%
*
*
;
,
5 '
Nechl Cans
>
t|
Nib Yellowknife Mbnes
Ltd—1
rn-
,
3 49 -
Zi
see
page
510
27c
Feb
28c
Apr
45c
TOc
Feb-
32
«ie
145
^
8c
VT
<*
.
111 -
Wl'
152
Apr
5
Feb
1.15
Jan
49c
510
Apr
Jan
7% May
1.64
July
July
39
31
Sep
178
Jan
Feb
May
46
Jan
43c
1.71
51
Jan
July
2.65 May
216
Sep
Jun
6%
Sep
7%
Sep
8.50
Sep
15%
Feb
July
1.45
Jan
70c
20
23% May
Sep
4%
1
75c
65c
75c
4,700
I
22c
20c
22c
11,200
8
Sep
May
Blue Ribbon
*
common
Preferred
10
10%
50
92c
July
July
16c
Feb
45c
Jan
Sep
14
Apr
55% July
61
Aug
10
55
55
5
1
17'Ac
15c
19c
25,900
14c
July
30c
Feb
—1
40c
38c
40c
7,300
30c
55c
Aug
Bonville
X
12c
12C
12c
5,000
10c
July
July
30c
Jan
Boycon Pershing Gold Mines
Bralorne Mines, Ltd
Brantford Cordage preferred
Brazilian. Traction Light & Pwr
*
18c
16 %c
18c
7,300
10e
Julv
•
25
11
10%
11
3,435
27
27
10
•
5
23
20%
23
5,584
16
153/4
16
580
,__1
20c
50
Gold
Brewers
Mines
com
Distillers
&
10%
39'Ac Jan
18%
Sep
Feb
26% Aug
27'A
Jan
Jun
30%
Jan
13% Mar
16%
Jun
20'A
17'Ac
15C
26c
Aug
British
American
Oil
•
26
25%
26
Jan
Forest
•
3%
3%
3%
1,605
2%
Sep
Sep
28%
Columbia
•
14%
14%
125
13%
Sep
17%
Red
Brewis
s
oSJ
1.45 Apr
58c
Mar
80c
2.05
35c
July
Sep
v
15c
Jan
Jan
Jan
1.15 Apr
41c
Brit Columbia Packers class A
British Columbia Power class A
i??rf
65c
Sep
1
Buffalo Ankerite Gold Mines
Buffalo
July
1 DO Juljr
52%
Sep
Sep
May
Jan
Aug
Sep
12 %c July
4.60
100
42c
*
3
1.35
1.40
Mines
,
19c
4.20
X
Gold
561
3
Buffadlson
15c
Sep
25
5
Jan
4.20
300
35
May
5% May
Jan
28
2%
Sep
7,300
17c
52c
16,100
20c
35,200
95c
July
3.85
July
15c
55c
Sep
1.48
Jun
July
Sep
72c
I.64
II,
45c
Jan
Jan
Apr
Feb
Jan
•
20c
20c 22 %C
10,600
1
23c
21c
26c
44,225
97
Feb
Building
*
*
28
27%
28
680
23% Mar
35
Jun
5c
5c
6%e
4,500
4%c Jan
SYscMay
*
12
Canadian Gold Mnies
Products
Bunker Hill
;
-
Burlington Steti
Burns & Co
Class B
—
..w--"
v-..25c
17 %
Feb
2.82
Januf
;
Linen
1st preferred
.2nd Preferred
;-U
Calgary fe Edmonton
Callinan Flirt Flon
-Cahnont
.Jf
i '■ '
•
30
x
w
1.60
17c
Campbell: Red
Jun
26%
Feb
1.41
Feb
43c
Jam
-4.25 Sep
Canada Bread
Class B
New
•
preferred
Canada
Malting
Packers
Jan
Class
1.76 May
Canada
30c
Aug
2.22 May <
3.85 Jan
46c
■
Apr
26c
17,200
44c
Feb
24c
.
30
Julv
19c
Jan
16
1D0
16
•
-
-
85
16
Sep
19% May
1.60
Sep
2.95
1.65
fi.finn
13,815
l7e
Sep
4,000
22c
Sep
t ' 2.06
100
1.72 Sep
*
6%
6'A
75
g% Jan
66
66
50
19
20
662
30
30
30
30
Sep
55
57
100
53
Mar
40
173/4
18
30
-*.
-
& Cable
class
i-.100
1.99
•
15
Canadian
Bank
Canadian
Breweries
Commerce
.-d
.
.i—
*
25
*
j
10
•
common
—
*
„
150
i
14%
16
200
58
199- •202
7-
Jan
44c
Mar
56c
.
Jan
V 3.60 Jun
9%
Jan
66
Sep
82% May
14%
Jan
25%
Jun
30
Sep
Jan
36
17% Jan
178
14%
44% May
29%
Feb
205
Mar
Sep.
23
Feb
Jan
635
04 V Aug
—
48
48%
125
47
Sep
53
Jun
25
25
80
24
Mar
30
Jun
10
—L>—.50
B
common
7.80 May
37c
Jan
„
Sep
28
19C
17c
33%
58
33%
"
25c
class
Feb
*-
17
2.06
;
1625.
Apr
July
Sep
22c
20
-
-
Permanent
Preferred
27
11%
39%
—
—
B
Wire
15
Jan
200
-•
—v)rj
Mortgage
..Canada Steamship common
:'Preferred-1
?;
Canada
Sep
22 %
11%
50
*.
Canada
75%
11%
85
11%
2.00
.
I
Lake.
com —^
Canada Cement common
?
300
22%
22%c
1
;
Oils
•
42c
-
12
22%
*
—
Jun
15
11%
*
class A
Apr
1.15, Feb
July
19% Bep
13% Sep
84c
Aug
<8c
1,225
17c
18c
51c
Canada Bakeries
9ost
9,700
.
29
28%
*
•
-
19% Feb
Jun
1.23 Sep
1.09
13%
•
Class B
British Dominion Oil
Sep
2.24 Fen
18c
Mines
Buffalo Red Lake Mines
July
1.00 Sep
12c
Aug
1.04
Lake
Broulan Porcupine Mines, Ltd—
Jan
2.50 July
so
-
f'So
23c 3lit; l as&OO
£
4.60
57c
51c
Bevcourt Gold
Sep
36c
1.70 July
13c
Sep
Feb
55c
60c
30c
Aug
.
July
Sep
12e
5.000
52%
S
'
12c
g
io!
nae
fSl..
\
3 35
3«
1
__
Pandwa Cadalllc Gold Mines
Ltd^.,.1
Dr^in« Ltd
1
7,500
143/.
1m
24
Sep
4
47c
Jan
.'J':
23c
52%
'
xil
...»
Pitt Gold Mines——
At
2 85
7
Normetal Mining Corp Ltd
O'Brien Gold Mines Ltd
131/,
'nc
2.98
Mclntyre-Porcupine Mines Ltd..
350
Bonetal
43c
July
Sep
Sep
11%
__
X
IdngsideGold^
60
4%
Jun
59c
10% Sep
1,189
6Tc
m
is../
Lingman Lake Gold Mines Ltd.
20
4%
Bopjo Mines Ltd
July
1.00
lie
41c
i:
<11
30c
15c 19®Ac
20g
Shore- Minea-. Ltd.
20
*
May
60'Ac Mar
•
For footnotes
1.00
*
Class B
Caldwell
17c
Kirkland Lake Gold Mining
Cp——..1
LAke
1.00
Bertram & Sons class A
Mar
13c
Aug
34c
Jack Lake Mfniw
1
250
1
Jan
18c
Sep
8c
ld—
2.53
Sep
Aug
26C
60c
Mines.—.—
May
30c
July
18
li%c!6%c
„
18
British
37c,
®4c
£07
8,00?
22c
1 qs/_
3 35-
•
*
Apr
34c
July
July
July
7c
28c
7%c Jun
Apr
July
July
Jan
1.00
Sep
30c
35c
3 55
1
Fontana Mines |1945) Ltd.
2 ooo
19%
j
©dridge Gold Mines Ltd........
500
21%
Bidgood Kirkland Gold
8c
20c
35%c
*
Ooldbeam
18,372
10
Berens River
May
11 %c
July
45c
Sep
10c July
5c
Sep
He
12c
1
Bast Sulllvan
9c
27c
__
*
Duvay Gold Mines.
1,300
12c
10c
2lc
...
5
.......
38c
30c
Sep
July
28c
..
28c
.1?
...
2,000
47c
4c
7c
8%c
...
^^Exploration....
Cournor
Mining
11c
8c
S«f»^i ?*£9IaC/P0ldT¥lne3 Ltd—
20c
1.85 Aug
32c
July
May
Sep
Aug
nc
__
1;
Mines,—.
550
2,000
4,000
46%C46%C
-
.1
8;Ltd
25c
10c
lie
-
ar^Maiae Pold Mines Ltd
Celta Dev &
Mining—.
80c
46c
1
Mines Ltd—
100
4%c 5%c
~
1
Bonville Gold Mines Ltd—;
Dome
7%
7
Belleterre Quebec
12c 12 %e
25c
Beatrice Red Lake Gold Mines Ltd—1
C&eskirk
135
—12C
AS?it—-—-—•
BouscadiUac Gold
6%
9.00
Rights
Mining Stocks
1>3&
Feb
Jan
27
9c
*
58c
July
12c
Apr
24c
15'Ac July
Jan
18
—*
Bathursfc Power class A
•
....
18c 20 %C
17'Ac
10
_•
Canada Ltd
18c
1
July
July
3.80 July
Jun
30c
May
22c
10
of Toronto
35
100
...
Windsor Hotel Ltd
20C
138,600
Class B
Southern Canada Power 6% pfd
8outhmount invest. Co. Ltd...
Standard Clay Products—
United Amusement
Corp Ltd A
Edited Distillers of
31,600
58c
76c
Montreal
12%
Jan
24c
46c
68c
Bankfield Consolidated Mines
Jan
20%
55c
Sep
May
50c
1
1
25%
20%
19
78
Sep
71c
—
Mines
12%
Purity Flour Mills Co Ltd
10
Quebec Pulp & Paper 1% red prd—100
Quebec Tel and Power Corp A
*
54
——1
—1
Mines
Mines
Bagamac
12% Mar
*
Yellowknife
Aunor
40
15'/a
10
60
Sep
12
Feh
Jan
24
8'A
22%
21%
22%"
25%
24%
25%
5,358
20
Mar
104
104
10
102
July
'
—
985
19
•
Jun
29% Aug
104
Sep
.Volume 164
Number 4S29
THE COMMERCIAL & FINANCIAL CHRONICLE
LISTED MARKETS
CANADIAN
RANGE FOR WEEK 'ENDING* SEPTEMBER
■ -JT ■•■J,■■■■■.■!
r■
..
.!
,
■ V7.
■W? V.''
1623
>.
...
~t':-
mi
Week's
Friday
Last
Sale Frioe
-~T
STOCKS—
^
.
Canadian
Canners
27%
>.Couv preferred
Canadian Car & Pdry
•'
Class A
Canadian
Celanese
Preferred
Canadian
Pood
Class
.
£? Class
27%
22%
Jan
32%
28
205
25
Jan
32
455
22%
Jan
32
Jun
Jun
•
13
14
420
12%
Sep
20%
20
540
18%
Sep
22 3%
Feb
62-
59%
62
"415
Products
B
Canadian Locomotive
Aug
220
393%
Sep
44
22
Sep
30% May
153/4
265
12
Jan
20%
Juu
Haicrow
19%
6,925
15,475
17%
Sep
24
JUQ
14
.May
17%
-14
Sep
27
151/2
12%
16
2,120
12%
Sep
26
27 %
24
27%
260
23%
Sep
46
Malartlc
May
•
Canadian Oils
Preferred
Canadian
Canadian
Wiredound
Castle
Patricia
17
1,005
181
185
"
*•*
133/4
*
20
20
21
24%
24%
25
2.81
2.86
1
~r
1
:
1.30
5,525
Harker Gold Mines
Jun
Feb
Hasaga Mines
Sep
24%
20
Sep
Sep
30
2.50 July
1.30
3,900
Sep
Oils
cocnenoux
Coin
Plow
3,500
15c
July
50c
Jan
43c
Jan
65c
65c
70c
4R0
3.70
3.95
18,400
23
24
70
15c
8,500
10c
12c
20C
5,000
12c
18%
12 %c
1
2.95
2.95
»
13
123/4
3.10
Jan
Sep
Jun
9/275
2.40 July
123%
Sep
5.00
47c
2,800
40c
July
1.05
23,700
50c
July
1.38
Bakeries
Consolidated
31c
1.90
1,000
1.80 July
1.40
3,200
1.31
19%
275
5
Sep
16%
3,280
167
166
169
297
165
•
1.07
1.01
1.10
4,650
Jan
77
100
Consumers Gas (Toronto)
Conwest Exploration
Sep
1.31
1.85
1 40
m
Mining & Smelting
3,000
17%
""~TZ"~
Mines.
Corrugated Paper Box
,
,
78%
84
84
*
common
'
Cosmos Imperial Mills
Cournor Mining
Sep
51c
Hugh
2.85
Feb
Apr
103
Jun
188%
Apr
1.95
Feb
I
Crestaurum Mines
n
25c
47c
5,075
29c
1.54
17,100
91c
July
70c
Jun
86c
1.00
1.15 Feb
20c
7,000
16 %c
Sep
29c
4,500
10c
Sep
20 %c
Dominion
30%
30
170
75
29%
Jan
34
12
10
10%
Sep
16
1.75
1,300
14c
£4c
1
303/4
12
1.65
JU/4
1
11c
1,55 Aug
5c
Mar
34
30
40
32,000
23,700
24%
Sep
05
1.20
1.30
7,900
1.10
July
90c
90c
1.00
7,300
21
183/4
•
1
.7""
*
common
Mining
107
•
Bank
21
88c
4,160
50
1.34
1.14
iqI/
11,800
3,500
27,000
Coal
34,900
52c
190
22c
49,500
16c
6c
500
New
Jason
30c
Jollet
Sep
20
Sep
27
Apr
10
Sep
1,19%
Feb
Sep
4.40
Jan
July
183%
Sep
106
Sep
70c
15C
11,300
13c
6%C
3,600
5o
48c
50C
18,700
36o
35C
35C
7,600
37%
35%
37%
1,615
9c
9%c
3,500
10
10
260
104
•
107
134
100
28
28
13
13
12%
Jun
1.48
Famous
22%
24
825
Federal
5%
Sep
27
.•Federal
24%
24%
25
8%
25%
Feb
143/4
15
1.20
Jan
23
Mar
243/4 Jun
75
1.02
55
1
20
15
113.150
13
Jan
60c
1
9 oh
1.90
2.40
497,561
85c
July
July
22c
22c
26c
45,200
19c
Aug
32c
«
19,900
12
100
75c
1,625
24
26
220
21
Apr
40
40
812
30
Jan
29
29
27%
101
37c
5%C
30c
5,100
July
23
15
3,440
68c
85c
16,900
15C
17c
4,500
*
5C
5c
56C
68c
73C
.
25
30
80c
28%
13%
12%
13%
30%
Feb
Lake
26% July
20
La
July
1.85
2.40
Sep
May
62c
Woods
of
Luz
40c
75c
1.30
35,100
18C
3,000
26
910
Lapa Cadillac —I
Lapaska Mines
Feb
1
Leitch
Lexindin
10
Sep
100
14
20%
21
1,500
20
1.02
1.38
169,450
83c
Sep
Sep
50c
55c
15,000
37c
July
c
13c
Gold Mines. Ltd
—
10.75
8,635
460
21,600
Apr
1.38
Jan
27
Sep
36
Jan
Loew's
40
10
Jan
13
Sep
Feb
Lynx
18%
17%
1
4g
45
48
760
10%
8%
11
3,925
117
131
125
9c
10c
4.00
12
130
6%
*
Sep
Mar
6.35
Marcus
11%
IP/4
"43/4
1,980
91
Macassa
21.%.:
20
«
May
11
Sep
Aug
Macfie Red Lake
Jan
MacLeod-Cocxsnutt Gold Mines
24c
————
MacDonald Mines
->«:
•
-II™.!!*
26c
50':/
"
Sep
43/8
20 *
Sep
11
2,900.,.
3.15
~
,
25
36c
».
4,325^
3.35
21c
35c
109%
110
25
*
r
32
^.WJuly
21c
100
109%
8,905
"100
■
__
extmnum-
r
•,-.•••.»..
ZITToo
r
^
Giant Yellowknife Gold Mines™♦
-
Gillies Lake-Pore—
.
*
18
1
1
j
•"
*
(H
Export
R)
1.50
1.5P
Sep
Sep
Jan
,111.
.July
Mari^S •Til
Sep
£1-7 %. Apr
Golden Arrow Mines.
Gate
5%c
Jan
108%
Jun
T
6c
Feb
McColl
5C
57c
-
75c
82c
131,300
.
50c
14c /
1.09
,
.'/•57c
19c
;.,3,300
Sep
25c
Feb
Juu
22c
Feb
Jan
Aug
2!%c July
36,500.
88c
8c.
70c
78,405
July*
July
39c
1
30c
,
"*3
Goldora
28c
Feb
1.30 Feb
1
28c
July
16c
July
40 %c Jan
Montreal
7,800
Jan
2.90 Apr
Montreal
24c
35c
Moore
37c
41c
25,000
8c
July
3,000
33c
July
Jan
Jan
1.15 Apr
Moneta
Tire
&
Preferred
Rubber
common
1
Gordon
;
McKay class. A
Class B
*.
ZZZZZ*™
"*
Grafton class A
For
footnotes
•
106
50
see
page
1625.
5c
103
54
11IZ
6c
7,000
106
:
330
11% .113%
25
20
.52
Aug.
10%
July
National
Aug
...
National
12
Jun
15%
Jun
25
July
560
20
Sep-
'22
Jun
Sep
'•
71c
Sep
23%
Apr
8 Vic May
1.55
;
Jan
Jan
37c
1.46
Feb
3.45
Jan
36
Aug
27%
Jan
263"*
Jan
34
May
105% July
115
Aug
33
760
31
530
114
60
2.82
3.40
40,650
32c 37 %c
19,300
30c
July
86c
Apr
6,400
21c
July
45c
Feb
3.05
1
32 %c
28c
25c
28c
3.00
2.90
3.10
■
3.35
3.20
3.55
9,468
25c
18C
33C
1.70
1.52
1.75
14%
10
S
2.75
14%
1,091
14
133/4
14%
1,040
13
1.00
93c'1.04
13,400
26c
25c 27 Vic
22,700
13c
13 %c
6,000
14c-
Oil
—
common
Lake Gold
Mines
July
26
18
100
18
2,352
53
2,830
94c
90c
90c
38c
.
30c
20C
8.15
Jun
Jan
18,500
65
25c
1
Heat & Power
Locomotive—
common
Lac
—
•
15
17
55c
46 Vic
v'-";-
19%
193/4
203/4
Grocers
•
1
National Steel Car
National
Trust
new—
—
22
38
■; v'
ib
91c
25%
Mu/
1,365
68
840
65% Sep
500
"
Feb
Feb
22
Rep
65 %
Sep
22% Aug
46 %c Sep
7,250
4,375
18 V*
Jan
72
Feb
16%
Feb
Jan
12%
Feb
11
Apr
Mar
17c
6.65. July
,
75c
/36c
Sep
68
.
May
81
May
16C
JUi/
45c
Feb
26c
Aug
49c
July
20c
20c
32c
32c
36c
21,500
18
Z-r
17%
18
180
12
40
12
Sep
13% July
50 Uv-
27
Sep
32
' '•'
common,.
Mills class A
National Sewerage Pipe A
5c
*
Sep
18
1
Hosiery
July
965
-
1.70 Mar
July
17%
110
66%
15
100
64
?
July
20c
21,500
8.15
12% May
75%
80c
•
•
•
20% July
Sep
463A Sep
V.;V
135
7C
--
26%
2,000
19
7.75
&
35% dm
Sep
••'••40c.* •/. 200,100
5c
—•
20c
19
"
Sep
Jan
11,300
49%
53
1
*
Jan
Sep
10%
'
1
Feb
Apr
-716%
390:
21
20%
.
Jan
45c
21
""-'If
65,
$ 10% •;;/ It :•
51c
25
610 '
21
2.20
5
13%
15
25
•
& Gas
July
1
..'./'•v
Jun
17% May
July
July
12c
13%
p; 11
May
55
/ 12% Feb
60c
15
•
•
10c
Apr
Jan
I 21c
26
*
class A-
^,75 Jan;
49% Jan
a
common
Jan
95c
July
1.50 July
-
July
5.45 Jan
2AA July
11.85
-1
19'
Sep
38c
3c
July
/3.75 Feb
1.50 July
11%
-1
T/i 35c
Sep
■30
1
|
7.60 Jan
>
2.50 July
0,600
14%
5.00 Jan
2.85 Sep
16c
2,300
—I
1*
4.40 Sep
1.02 Juiy
5,810
1
■'
">
12%cMar
May
Jan
•''
31
10,300
Light
Long
57
'
114
_20
Corp
125
"
200
25 '
20%
•.'••«.r:fiC
130
285
543/4
;
29%
55
Porcupine
Mosher
'
33
/Modem Containers eommon
31,800
79c
20c
>
•
1.57 Sep
4,900
33/ic
Mylamaque Mines
Goodyear
'
11.85
Mining Corp
12,800
'
1.68
Fed
May
31
3c
Mercury Mills
20c
-
1.62:;
1.65
m9
68c
53
Red
29c
Iqc
Goodfish
1.05
11.85
Gold
32c
2.00
25
•
July
July
oommon,—.1-*
McWatters
2.45
20c
Goldvue Mines
...
90c
Jan
,
/.
Sep
18c
3,020
23,500
July
8.00
8.75 Mar
:-j;\
1.20 July
7,250
25c
96c
4c
»«i,500
1.35 '
4,500
Grain
23c
2 35
4V4C
24c
1.85
Frontenac
2.25
04%c
1.26
24c
1.65
Mid-Continental Oil
Feb
87c
25c
;
26% Mar
July
Sep
19
525
1.75
McMarmac
Jan
*
23,300
4c
—-
1.34
25c
45,100
21.,
8,350
Mclntyre Porcupine Mines——
McKenzie Red Lake Mines—
1.50-Sep *'-"*:**3*,i5 Mar;
6,100
I
17,000
preferred
McCabe
8.75
10c
19
*
50c
Rouyn
> McBrine
u
74^
" Jg
1
Mining——:
Golden Manltou Mines
19%
.1
49c
42c
43 %c
2.90
Massey-Harris
"5.05 July
200
•
-
-
3.100
Jan
37
■
■
Sep^.
7%c July
44c
Gold—
jMartin-McNeeiy Mines.
•-•.wMarlon
Feb
25,860..,
•
12c
Jan
19c
;20
320.
2.75
Monarch Knitting common
Golden
.1
Maple Leaf Milling common.
20%
105
22
50c
Preferred
-10
5.55 July
_
—————————————10
Preferred
5.55 Feb
Sep
15%
600
,1,250
Apr
1.46
'
*
Maple Xeaf Garden
Feb
50
375
16,9981'"
59
20Vee'2ft%C
I~~
I
r"-
6.00
.
Jan
65c
4.50 July
ll%c
12c
1
37I ..,-,34c
131/,,.°
9%C
1
—
7
109
160
Manitoba & Eastero'
May
75c
60c
1,370 v:
105% 105%
-
>...,
18
;«-16%..-17%
"r" 5
Olecora Gold
1
-4 %U,
4
6 40
i£fic
t
*2Q
110%: 110%
4rr
.
238 *,105
200
4.60
32% Jan
Sep
—-
Red Lake
Maasen
Sep
Sep
July
-
*
.1
-1
—
Mex
Gold MinesMagnet Consolidated Gold—
Malartlc Gold Flelds, ,
-;
13% Aug
13 % Aug
,x,
2,881
...
25
35c
-I—
Jan
11
9c
1
65
134
Sep
7,600
12,200
*
Jan
11%
:
55c
July
22% July
Sep
6%
350
43/8
4%
•
class A
><• a
Feb
29% Jan
July
:45c
14%
21
a
—
Yellowknife Gold
Jan
8%c July
..23c
5.75
5.75
—1
Goldfields
Lundward Gold Mines
53/4
90
55
6%
Sep
Jan
2.90
•
43%
6,000
Feb
1.00
2.30
4.55 July
,
.
29%
Theatres preferred. .100
iiouvlcourt
877
17%
(
*
Class B
100
~I*
100
Ltd—
Groceterias class A
Loblaw
Sep
1.45
13
875
Jan
Apr
July
13
.1
Little Long Lac Gold Mines
157/8 Aug
223/4 Aug
:
-1
Gold
27
4.30
16c
Jan
30
24% Mar
4.60
-1
Oro
27
4.20
/
1.20 Sep
29%
——
.3
— mm m mim'mmmm ■» mmmmmrnmmmmmmm
Lebel
51
Sep
Sep
Sep
13
Sep
29% Jan
*
Jun
14%
?
/ /T.76
11% July
20
8.05
*
14%
14%
,
600
14%
«
2,590
5%c Sep
5,100
37c
10c July
23% May
51c
Sep
'
18C
—
—
10%
6c
,
^
25%
26
9
Mines
10
1
r
Jan
2.25 Feb
Z
1.22
*
iq
•
Gold Eagle Mines.™.
Goldhawk ™—711
2lo
7,955
1.30
A
Ltd
common_'__
Lamaque Gold Mines
Lang & Sons
—
Jan
58c
Shore Mines,
Lake
i,aura Secord Candy---—
4.25
5,%/preferred
:J Goldcrest
July
July ■//.:
60
45o
1
10c
Jan
\%ya
God's Lake Mines Ltd.
-Goldale Mine
May
Feb
40c
9c
Fortune
Jan
•
D Warrants
65c
40C
9c
Mines
Gold
Lake
Jan
»
™__
■
lie
July
75c
40c
*
Lake Dufault Mines Ltd..
Jun
3.35
•
■Preferred
Sep
Aug.
July
,4c
.
17,100
79c
4.60
General Products Mf
.j
Apr
7lo
7,000
25
67c
70c
1.15 July
___
General; St&ffWaraft:
2.09
18,100
15c
11c
39c
12
5% %Z preferred-/-—V™_-_T_J
General Bakeries
—
Feb
Jan
Sep
500
6j/2C. 6j/2C
—
72c
s;/1 Marcus Gold
rGatineau
Mar
47
273/4
36c
15,300
41c
2.30 July
1A
_I
,
106,
30% Sep
14% Sep
500
51c
52c
.1
9,800
common
—.
Jun
Sep
15c
.1
1
21,950
___
0
Jan
29%
.45
' Jun
35% May
08c
.1
1
1.60
1
Exploration
Warrants
y
.
Gold
1.65
Sep
{LOl
14%
84c
15% July
Sep
26%
5
Jan
80c'
July
9% Jan
60c
14%
Gold Mines
3.70
ZZZZZZ*
I
Frobisher
27c
8,102
Mining & Exploration—
3.30
ZZZl
common
r?> Class B
May
32%
Laguerre
May
MacMillan
i
.Jun
33
Apr
30%
—
1.48
20%
•
/.Francoeur
16
30
1,095
lot
Jan
13% Sep
31%
—
155
20
Mines
of Canada
17%
38C
•
Labatt (John)
3 65
*
~
Kirkland Mining
Ford Co
30% Aug
Sep
eoc
.1
I_
I
Fleet Aircraft™
Jan
12%
,31c
.1
—1
———
1
Class A
26
12
1
1
1
I
•
Fittings Ltd
Aug
Jan
Jan
7%
39
15
12% Mar
245
25%
__
1
common.-.!
110
60c
-1
1
Lake
Lingman Lake Gold Mines
Grain
Jun
Jan
24
*
100
Jan
15
5,470
-
May
30o
July
Sep
95
75c
Kerr-Addison Gold Mines——
1.75 Aug
Sep
1
'
"
Preferred
<
2|
•
Fanny Farmer Candy Shops
•:
50
7c
93/4
30
Townsite
7,435
common
new
34% Sep
38c
Gold Mines
Kirkland
153/4
1
Players
Jan
Feb
30
*
Co
Kelvinator
Kenville
Jun
13%
*
Palconbridge Nickel
30o; Aug
520
1
Mining
Kayrand
Apr
30% July
Jar,
126
Lake
i5i/P
ZZZZ
Jun
/ 74c
73c
./.;••.
Kirkland Hudson
20
ZZZ-Z
Gold
Jan
11c
14%
70c
Kirkland
4C0
IIIII100
Mines
Eldnna
35c
July;
May
July
14
14
1
Jun
365
...
Elder
2.45
13c
Quebec
Feb
9
common
English Electric class A
Equitable Life
Jan
310
1.90 Jan
30
0
•
Easy Washing
Eddy Paper
14%c
4,050
7,540
1
-
Jellicoe Mines
May
40
32%
29%
East Sullivan Mines
Eastern Steel new common
Sep
2.60
.1
I
Sep
g
East Malartic Mines
27c
6c
*
-
Jan
25
Crest
Sep
Sep
Sep
•
Mines
17%
8%
East Amphi Mines
East
70c
26
—
Jacola Mines
Feb
24%
28%
Mining Co
Jan
Aug
49%
Jacknife
Jun
Mar
3.05
120
6
Duvay Gold Mines
Jan
3.60
10%
•
4,640
gi/2
Donalda Mines
Duquesne
Jan
69c
Sep
20%
1
20%
29%
preferred
Dominion Woollens
Jan
30c
Sep
July
1.18
9,280
Labrador
•
19c
58c
1
Coke—
Petroleum
26 J/2
»
Dominion Steel class B
Dominion Stores
Tar
Jan
Apr
2.70
2.45
common
&
19
I
35
com.III. -
Dominion Magnesium
Dominion
11 %c
1.30
63c
6
26%
26vl
in
Dominion Foundries & Steel
31c
45c
July
July
1.00 July
■
107
107
1 3q
x
Ltd
Dominion Electrohome
13c
1.24 Jan
S
Jan
~_100
Mines
13c
16c
5,471'
Jun
16% May
Sep
59 %c Sep
6%C
International Uranium Mining
Kerr
Dome
1.20
Feb
21%
Sep
9%
10%
1
—
International Nickel Co common
Sep
11c
1
"
Preferred
Lake
International
10c
—
International Metals class A_——
4%% preferred
Jan
16 %c
....
Discovery Yellowknife
1.10
1
*
———100
John
International
Feb
1.67
10c
*
I
16c
23%C 26 %q
18
35c
International Bronze
Feb
July
May
80c
16,000
Jun
18c
*
Denison Nickel Mines
Detta Red Lake Mines
Dickenson Red Lake
Diversified
98c
15 %c
50
12%
Sep
10%
5
insmration Mln dc DeveL—.X -
Apr
ZZ*
Delnite Mines
Seagrams
2,500
44c
22%
32
1
Davies Petroleum
Davis Leather class A
Class B
Distillers
40c
35c
Jan
Sep
1.41
1
D'Aragon Mines
8
27
45c
£
Crowshore Patricia Gold
25
125
1 42
1
Croinor Pershing Mines
20
27%
Indian
Jan
6.00 Feb
'
'1
v/
;
,
Erie common
&
Jan
10c
6c
Imperial Bank
—
——10
Imperial Oil
•
Imperial Tobacco of Canada ordinary_5
Imperial Varnish preferred-—
*
Feb
2.75
22
Sep
20
07I
1
{17,510
;
5,800
16,300
13c
Malartic Mines
Huron
May
July
90C
27
«
"
;
63Q
1
Gas
&
•Hunt's class A—
Inglis,
££
59 %C
20
Hudson Bay Mining & Smelting—
Apr
5
Coniaurum
Consolidated
115
,
23c 24 %c
Howey Gold Mines—
Jan
58C
Oil
18c
2.50
Hosco Gold Mlnea
Apr
45c
Coniagas
11%
160
■■
.
Homestead
Feb
19
50c
ftc
19
11
1.14
—1
Yellowknife
Homer
Jan
47c
nil/.,
Home
Aug
35c
4gc
31c
——*
Hollinger Consolidated Gold Mines
Jan
55c
*
.19
61c
July
July
4.10 July
6%
11
HVaC
Highridge Mining _nw—
Highwood-Sarcee Oil —
4.70 Aug
25
,445
13%
1.90
1
Commonwealth Petroleum
Jun
10% May
610
19
23%
—
Gold new
Heva
3.0Q Jan
July
'
7
Hinde & Dauch
1.41 Mar
13c
#
6%
20c
25c
3.75
200
—*'
*
22c
Mines
18%
Sep
5c
1,400
61c
v
Yellowknife
Feb
Apr
5% Mar
500
5c
-1
22c
Lake
Colomac
Sep
7
59c
4c
7c
»
—
Headway Red Lake Gold
Jan
Mines
Gold
Sep
13
4.80
1.18
44%c
~
7c
1.30
July
«
Co
3%
30 %c July
4.75
1
1.85 July
-
•
7c
1
15c
~
40
Hedley Mascot
3,450
;
wmans
Cockshutt
I""""
_
...
1,045
9
Heath
4,500
3
Coastal
15
9
2.10 Feb
20c
_;
14
May
4.40 Apr
2.05
Citralam
15
26% July
24%
18c
1
200
Harrlcana Gold Mines—
133/4
600
1.39
Jan
1.95
'
54%
8,900
—4
18
igc
Research
Jan
s
5
.
190
1.98
Chesterville Larder Lake Gold Mines
Circle Bar Knitting,.
Jun
47
38
44c
:
Hamilton Bridge————
+
Chemical
Apr
70
5c
Swayze Mines
Jan
1
.
35%
Jan
35c
Feb
1.35
Zl
Mines
Porcupine
Centremaque
Jan
42
4%
Hamilton z cotton__TW?rF——,
Haraing Carpet—/
Hard Rock Gold Mines
1
1
Gold
Central
Hiah
15
345
j.
54
Low
3,115
•
4Iq
-*
—_1
common--
Jan
13%
! 1,125
13%
»«y
July
150"
254
III*
•
Boxes
50c
25
15
Gold Quartz
Trethewey
Central
6,800
16%
£7
•
Canadian
Cariboo
70c
64c
„100
______T___
Pacific Ry—i
Wallpaper "A"
155
54
Hallnor, Mines
.
Canadian
Brass
Hahn
May
•
■
i
22
52
Ralliwell. Gold |dine3„—w,,
17%
15%
is
Sep
t
*
—,
V
Jun
190
A—*
_
Range Sine* January 1
High
•
Gypsum Lime At Alabustlne
78
41,
•
i
com
Shares
1
25"
*
common
far Week
20%
55
50
Ltd
22
24
15%
•
Industrial Alcohol
58
-
Gold Mines
Gunnar
39%
100
Z
21%
•
■Greening Wire——•
Jan
183/4
*
LI
common
14
19
preferred
Great West Saddlery preferred^-
Salea
Rang*
ef Prices
low
*
Great Lakes Paper common
May
27
,235
,
::
Par
High
•
common
A
Canadian
Low
27
'
• '
Dredge
Canadian
High
I/-
Bait Price
Range Since January 1
25
-
27%
•
Shares
24%
•
20
common
1st preferred
•
Lo v
Week's
Lait
for Week
Range
9t Prices
Spar
-•
Friday
STOCKS
Bales
12 &■:
*
♦
'
10
—
—
23%
•
.
29
29
22%
233/4
1,650
27
27
30
/.
16% Mar
22% Sep
27
Sep
21
30%
May
Mar
Apr
29% Aug
Mon^yviSeptember-30^ 1946
THECOMMERCIAIr&FINANCIAL CHRONICLE
■
Md*y
,
Last
Sale Friee
New
New
for Week
480
Mines
——.
130
Bldlamaque
Calumet
Newnorth
Range Since January
Shares
Gold
4
200
10,800
Mines.
July
75c
North
470
77
20% July
Sep
Sep
July
2.25 Sep
12,075
Jan
7
9%
100
25c
1,000
20c
7,500
92% July
Apr
40c
Feb
4.45 Jan
.95
13c
13,500
Mining Corp Ltd
Northland
73
2.25
Almea
Inca
515
4
Jan
15%c
Norbenlte Malartic Mines—
>; v,,
■; \
Norseman
17
85
:•
Normetal
85
-
Nlplsslng Mines
AciaiJU*
*
.';,rV
17
Tellowknlfe
; n 10% May
/ 24
May
9% May
1.50 Apr
5% Sep
18
Sep
5% Sep
_
.
"
Mines
78
Nib
11
High
Low
Negus
Sales
Week's
Range ;;
ef Prices
:
10
9c July
.1.50 July
40c
Sep
2.15 July
Jan
45c
>v
July
Jan
Mines
Mines
14,600
Mines
Northern Canada Mines
12,400
"
.4,130
North 8tar Oil common
140
755
130
3.05 July
40c
Sep
29,300
^
.
Aug
25Q
Sep
12% May
45c Jan
Jun
85c
July
15
200
1,370
2,633
95
40%
60
4,450
7%
40
305
108% Feb
65c
72c
40c
25c
500
23
70
23
4bi)
<so
30
104% July
15,700
11 %c July
1,780
2,000
15c
117
10
105
135
4,690
2,000
12%c Sep
15
50
Friday
«A.tLast'
Canada
&
—
.
,
f
Week's
-
<■
Rang*
.
Low
Sales
Share*
High
Industries
Marconi
Canadian
250
15% Sep v-t.
200
300
24
50
4%
4"%
72
67%
72
14
14
'22
13%
22
13%
Vickers
-
—;
Canadian
Westinghouse
*
|
.
Oil
Dominion
Bridge
Dominion
Textile
Donnaconna
28
145
16%
18
'
30c
33
•
*
—
f
-
:
1.80
*
—
19 " ""
100
Paper common
Preferred
43
—
'
100
Langley'a. preferred
135
2%
50%
15%
205
2,800
-—-—.—20%
—
international
Sep
Aug
2% Sep
26
Sep
2%
52
• v'4""
-
common—
Paper
Foothills OU & Gas
Hayes Steel
:
—-
—
34
12
142
A.:'' '*
Dalhousie
10
2%
50%
17%
Consolidated Paper
j
400
790
—
a
Feb
Jun
660
2%
5C%
•
Lumber
29
18
21
34
34
*
common—
Western
—
*
.35
12,494
»•
32%
34
10
250
19
*
98
25
21'A
96-
15,525
1.70
1.80
22
22
43%
39%
106%
107
75,A
>75
Aug
42
July
Feb
.43% Jun
25
5
y,
173
Sep
Sep
.
-
Sep
Mar
Jun
\
i
' {
IM 3.80 Feb
...
61% Feb
23% Apr
i
i
-
...
30c
30c
Jan
Mar
Apr
?
20%
3
34
3
..
*
.:
Apr
Apr
Feb
34
20%
.
?►.:•
35
78
104%
24
19%
—
*
*
-
preferred
•
23
a
Sep
13V* Sep
5
10
•'
•
Sep
Sep
4
Sep
67% Sep
14
Sep
5,267
94
100
1
i
•
High
— ' "v.;
16
54
i;
.
kiCiip Siy
Range 8imaianaary 1
25'A
—
common
Canadian
-
15%
4%
Canadian Fairbanks common
Canadian
.
for WhI
of Prices
-5
Canadian
;
Fan«a
—100
Dominion Sugar--;
Jan
July
39c
18
Sep
25
50
—
*
*
Canada Vinegars
7%
Sale Frlce
*"•
—*•••■•
—
.
Exchange-Curb Section
Canada*
common
14
Aug
6.55 Feb
3.10 Sep
12 %c
Gold
30c
Jan
21% May
Apr
43c
Feb
Jan
July
Jan
94%
Aug
1.69 Jan
55c Mar
60c 'Jan
30
Jan
36% May
108% Feb
Sep
10
30
Preferred
:
Mar
108
.
Sep
26
106
Brown Co
159
..
July
23
25%
Bulolo
5.10 Feb
July
July
18c
32,000
25c
59c
28c
10,900
29c
Feb
87c
3.80 July
117 119%
common.
.16% Feb
8" Au»
Sep
16 %c Sep
2,505
May
14%c Jan
13Y« Feb
3.10 Feb
>9% July
2.726
44,136
May
11
Jan
8Va Jan
1.93 July
6,250
Par
58
5% Sep
7%c Sep
4,000
4.20
Jan
39c
8% Sep
15c
Sep
18.
8,500
.
July
Apr
May
105% May
21% July
1.80 Jan
26
Apr
Feb
103
50
209
National
1.25 May
2.40 Feb
.
Apr
65C
14
132
.
Jan
15 %c July
2,600
Asbestos Corp
British Columbia Pulp
..
170
Sep
11
104%
40
.
Jan
142
28
250
Andian
5.35 Feb
80c May
7
<
1.20 July
2,000
10,500
■■'■T' a:.'
;i 7%Aug
12% Aug
July
45c
12,100
STOCK 8
54% Aug
•
11% July
3.425
1.95 Jan
27% May
>
5% July
50
Toronto Stock
4.10 Feo
1.00 July
22
Sep
52% July
7,300
4.10
24c
Jun
3.25 Feb
1.09 Mar
900
Sep
32
Sep
95% Feb
15
Mar
85c
30c
.<
:•
Jan
45% Apr
118
May
.:]
*,21% Sep
4 2.20
1.50 Jun
Aug * A
25
22.;.^ Sep
39
4,375
32
Sep
106%' Sep
56
Jan
59
y 144
Apr
Apr
j
85
Jun
>
%
^5
39
.
y
Jan
f
*
i"»•*.■
Minnesota.& Ontario P&pcr,
Oil
Selections
Ppnd
Southmount
Temiskaming
For
footnotes
Eee
page
1625.
Invest ''--i
Mining
'f
18
—-—_1
-
Price Bros ivunmnn
vy
:
„
»
1—25c
1
' '
-■
WA18%
4%c
*
%
Oreille
i-
10c
4%c
2.17
48
2.35
25c
25c
48
10c 10V2C
4,820
1,000
1,520
5020
,
,
6,600
.10 ..Sep
v 3% Jun
? .2.15. Sep
45 ^Sepy
22c,5; Jun
9%cJuly
'
■L. '<■'
'
•
■' '
-^7% May
7 - Feb
5.00 Feb
67' ^ July'
«
31c
Jun
!|
Jan
,
:
33c
.
THE COMMERCIAL & FINANCIAL CHRONICLE
""
■
...
.T >11;
1
.
Vi■I
I
,
OVER-THE-COUNTER MARKETS
'
:
;
Quotations
.
Friday, September 27
for
y >,
k
""7
^
f J i
,
For
Specialists
Quotations
^
Real Estate Bonds |
on
'
in
.
Shaskan & Co.
OVER-THE-COUNTER SECURITIES
-v""- i'! ,7
*
J J,
\M
£
'
'
-
'
?
^
'' *
.
'
1
)>.t
Markets
Firm Trading
40
ISSUES
ACTIVE
250
»■'
A.
y-v
..
Association
Reorganization Rails
.
(When,
Par
Bid
'7 Mutual Funds—
V>
Affiliated Fund Inc
Holding Corp
Shares
Amerex
Investlng-lOc
Assoc'ted Standard Oil shares—
American Foreign
Axe-Houghton Fund Inc
Fund
Axe-HOUghton
Co
1
1
Bond
of
Tr
Inv
—
,
America
8
Co Inc.
Broad Street Invest
1
Fund Ltd
Bullock
Chemical Fund
Eaton
—100
——
149
5.95
19.15
_
Invest———-1
Fund—
--1
Shares
28®
Balanced Fund
Stock Fund
Fidelity Fund Inc.—
Financial Industrial Fund,
Boston Corp
First Mutual Trust Fund
Fundamental Investors Inc
Fundamental Trust shares
Capital Corp—
General Investors Trust
General
*
24.54
n
2
A—2
*
1
43.48
5.86
National Security
—
Administered 6hares—
Low Price Shares
Merchandise shares
—
,
shares
Railroad Bond shares
—
7.10
3.58
Equipment shares
4.63,^;r.4.99
Railroad stock shares—*r»4.57v^-5.04
RR
■»«,<»--——-
5.225.75
*
4.52
shares
shares
5.79
%
%
1.69
1
Holding Corp-
,
5.26
—
1.74
—10 C
—
Investors——8
Incorporated
24.33
14.26
86c
Bank Group shares
99c
14.36
shares
A: Stock and Bond Group sharesInvestment Co it America—10
Investors Fund O
—1
Insurance Group
29.93
14.61
B-l
Series
B-2
Series
9.14
28.19
26.10
17.04
——————
—
B-4„
-
9.13
—
FOR NEW YORK CITY
29.50
28.57
18.69
10.02
14,96
Aetna Casual & Surety.
Aetna
11.86
Aetna
-10
'
1%« Oct
"■■■■■■
■
Ask
82
y
15%
14
34
-
36
Hartford Steamboller Inspect.. 10
Bom«'
-10
—
47%
49%
Homestead
75
78
4.33
American
3.97
4.43
American
Re-Insurance
6.67
American
Reserve—————10
17.58
American
Surety————25
series
Stock
6.01
16.70
——-
New
England Fund—•———1
New
Alliance
American
Automobile
American
Casualty
4.76
American
:
Aviation
—
stock
Bank
7.03
12.35
10.47
—
——
9.20
13.50
Building supply
Equipment
Business
Chemical
9.97
11.83
12.61
9.16
10.13
10.35
14.12
7.83
—
-—*
Fund—
Speculative—
Electrical equipment
Diversified
Insurance
stock
Machinery
—
Merchandising
—
Metals
Railroad
17%
42
National
Liberty
Union
5% -;.
■■
65%
19
Connecticut General Life
10
13.85
Continental Casualty
10.07
Crum & Forster Inc
6%
148
26
28
25
27
47%
20
Casualty
River
3.
2.50
13%
..21%
———————5
Northeastern
50
12%
5%
;23*/4
% 6%
.
61
64
1150
80
85
5
44%
47
JO
26%
29%
Pacific Fire——23
96
101
Pacific Indemnity Co——10
57%
31
33
Phoenix
75
Northern
11.13
—10 *•
Employees
15.51
Employers Reinsurance
.10
69
Preferred Accident——— 0
11%
13%
Federal
.10
47
50
Providence-Washington
33
35%
Fidelity & Deposit of MA—
.20
168
173
8.61
Group
Firemen's
9.37
Franklin
i
■
.
1
,
1
•
,
10
i
.
.
,
,
.10
54
58
-
.10
91%
95%
-5
12%
13%
Reinsurance Corp (NY)
3
Republic
(Texas) ——10
Revere (Paul)
Fire
10
22
St Paul Fire fir Marine
s'
;
-
....'
-
Newark-.-
of
65
6
:
31
22
24
;
-5
20%
General Reinsurance Corp..
12.12
-10
33
35
12%
Seaboard Surety.—————10
46
Marine—
10
18%
20%
Security New Haven
30%
48
Fire
'
67
-5
Springfield Fire & Marine
Globe & Republic
-5
9
10%
Standard Accident
10
26
30
Travelers
———100
91 ■%;
95
-5
277/a;
29%
10
27%
25%;'.
98 % * p 102%
49
590
15
70
'
29
15
Globe
&
102.11
12.82
L-
73c
50.50
91c
22.42
18.98
6.43
8.27
19.91
—
Stock Fund B—
Fund
18.38
1
Hartford
.10
Fire
7.03
20.05
—1966
—1976
American Airlines 3s
•
.•
35
7
Utah Pow fis Lt 2%s
1971
1970
1961
1976
1976
100s/8
100%
101%
3%s_1980
98
98% 7
101%
99%
101%
Preferred Stocks—
99%
AHis-Chalmers
101%
100
Pair
3%%
93
7 93%
101%
American Airlines 3%%____
83%
101
Central
92
Laclede Gas Lt
3%s_—1965
1975
1975
1986
Ohio Public Service 2%s—1976
Pennsylvania Electric 2%s—1976
Philadelphia El Pow 2%s—1975
Portland Gas & Coke 3%s_1976
102%
103%
Koppers
Monongahela Power 3s
Montana Power 27/«s
MtStates Tel fis Tel 2%s
104'%
104 7/8
Monongahela Power 4.40 %_ 100
1007/8
101%
Ohio
2%s
1975
Brook ,2%s__ 1976
100%
2%s—1975
Transm 2%s—1966
100%
101
102 7
City Gas fis El
Tenh Gas fis
;
Maine
——
Power
-
3.50%
Public
Service
99%
100%
101%
101%
102
Public
101 v*
102%
Ruppert (Jacob) 4%%
99
98
99%
Electric
Scranton
102
T
Scranton
Sioux City G fis E 3.90%
101%
Union
Spring Brook 4.10%
Oil
(Cal)
104
99
97
;
t
107
100
102%
* 101
'
102
I
103
100-- 100—7
$3.75——*
V?.'
-.7 ' .7:
'
100%
103
100
3.35%
100%
104
95
3.50%
101%
•
109
102
Pennsylvania Electric 3.70%
Phllco Corp. 3 % %
(Ind)
94%
102
107
3.90%
100%
Serv
84%
1
i
100%
$4
Co
i
100%
99%
104
Kans Okla fir Gulf Ry
Ask
Ask
101
1976
Westinghouse Elec 2%s
1971
Yonkers El Lt fis Pow 2%S—1976
■94%
104%
100
Bid
Light 2%s_1975
100%
Scranton-Spg
Bid
Power fis
103%
Sioux
,
93 %
104
Iowa Pub Serv 2%s
18%
.
;
"'84
e
-32%;:
Par
Ask
.
Illinois Power Co 2%s
2.85
Banks—
80
Westchester Fire—-——2.50 •
Texas
Bonds—
...
2%S
3.35
Lt ft Pwr Rheres A
io
"
.
.
1
;"
52
4
U S Guarantee——:—
'
Bid
Par
9.04
21.76
2.48
Series 1956
31%
605
."47
45 'ij
1.02
Gatineau Power 3s
1
:
U S Fire-
V
23.12
Columbia Gas & El 3%s
—
Fidelity fir Guaranty Co—2
108%
2Q.75
6.65
Trust shares—
104
7.22
Unit Type Trusts—
•
U S
■
-
81c
Diversified Trustee Shares—
2.80
*
53.50
Calif Elec Power 3s
D
50%
v
■
32%
13.87
6.59
10c
104.17
r
American.——
Hanover
1
Wellington Fund
Rutgers Fire com.
preferred
Great
4%
F«»-9 &
7'#,
29
Glens Falls Fire
3V4
•
60%
79
•:
11.38
2nd
r
7
105
.104-
u
„
;
bl.10%
U B Conversion 3s
.1947
-
Panama Canal 3s
.1961
15, 1946
54
5%
2
Fire
Amsterdam
North
;r
21
13.00
26
,
138
New
23
10
8%
52
New Brunswick———..10
70%
City of New York
24
10
New Hampshire Fire——.10
New York Fire
5
65
21%
(Detroit)—10
£.07
25e
Fund series A—-
Oct.
-7..'
6%
16.68
0
0.90%
40
10
Fire Assn of Phila—
2%
Union Preferred Stock
n P El
6
——4
30.00
B
Series 1955
27
3.70
State Street Investment Corp—
Amer
Casualty
25
Fireman's Fd of San Fran.
—•
Fund, Inc
North
National
Boston
10.96
90
25
4
National Fire
Bankers & Shippers
5
13
85%
0
20.00
15.51
Sovereign Investors
Standard Utilities
Series
17%
59%
15%
56%
10.12
Fire
.
1
Selected Amer Shares
Bond
Fire
13.57
Camden
11%
_
1
12%
....
Merch A Mfrs Fire N Y
Monarch
31
11.51
14.83
.
18%
6%
70 '»•
8.84
---*-^10c
8cudder, Stevens & Clark
Series
11%
'
Casualty
National
—10
——
6.48
Fomeroy
Union
37
—S
Fund
Republic Invest Fund3choellkopf Hutton and
,
34
10
25
Trading
&
(Geo)
Putnam
89
20
29
—2%
Gibraltar
Petroleum
85%
Maryland
Baltimore American
7.34
8.52
11.03
.—
Tobacco
16%:
10
Massacnusetts Bonding
Merchant Fire Assur.—
>
7.74
5.88
Steel
14%
Fire
32%
13.61
6.67
—
27%
10
Insur Co of North America
18%
10%
10
13.17
equipment
42
25%
■;Q:-;'
^
11
St:
9%
2%
of Newark
8.04
Public Utility
Railroad
30 v
16%
11-99
Oils
>
^
20%
18%
4
5
r
Equitable——^
5
American Fidelity & Casuaity.5
Automobile
12.39
———
—
Automobile
10
American
7.86
7.77
York Stocks Inc—
Agriculture
Ask
39
'
-25
Life
Bid
Par
85
,
—
1, J950-1948
99%
997/s
103'A
99%
7 other
100,»«
103%
issues
ioo% 1
127
United States Treasury Bills
—
129
Bate*
quoted are for discount at purchase
Bid
Figures after decimal point represent one or more
Oct.
32ds of a point
©Ct.
Maturity—
Dollar Frfee 100 Plua
of Indebtedness—
Bid
Ask
Ait
Maturity—
Oct.
100.4
100.5
IMarch 15, 1947—
100.5
100.6
tVaS Oct.
15, 1947.
tSept. 15, 1947—
Wept. IB. 1948—
100.17
100.18
*%S Nov. 1, 1946
Oct.
Certificates
1946
Wept.
1946
:
100.9
%%
100.10
t%8 Dee.
100.24
100.25
tVaS Jan. 1, 1947
V/a8 Feb. 1, 1947—
$%g March 1, 1947.,..
1,
—
1946
Vt
„
;
—
...——
t%8 April 1, 1947-..-
100
.0027
.0072
.0108
.0070
,0102
.0125
Oct.
NOV.
0.28%
0.35%
Nov.
0.35%
1946—
b0.375
0.33%
Dec.
5.
1946—
b0.375
0.35%
0.33%
Dec.
12,
1946_.
b0.375
0.35%
b0.375
0.34%
Dec.
19,
1946-
b0.375
0.35%
b0.375
0.34%
Dec.
1946—
b0.375
0.35%
0.33%
29,
26,
.0062
.0139
.0184
.0147
,0185
.0225
a
a
b Yield price,
c Cash sale, a Deferred delivery,
e Ex-interest, f Flat
Aluminum Utensil Co.
k Removed to Stock Exchange, r Canadian market,
Odd lot sales,
wirmerlv
Club
sale—not included
In range for year,
t Ex-stock dividend.
.0095
.0229
Wverjg Form^yd AJfred' Dec^r^&^Cohn Inc.r
.0257
1946,
.0120
,0131
.0148
.0287
.0314
.0347
—
0.34%
b0.375
b0.375
b0.375
.0107
—
b0.375
Nov. 21, 1946—
b0.375
t%8 June 1. 1947
XVaS Aug. 1, 1947-—
tVaS Sept. 1. 1947Oct, 1, 1947 W 1
Ask
Nov. 14, 1946—.
tVaS July 1, 1947
.
Bid
Ask
b0.375
bills—
3, 1946
10, 1946
17, 1946——
24, 1946
31, 1946
7, 1946—
Treasury
Quotations For U. S. Treasury Notes
18,
San Francisco com—
52 '
Speculative series
Federal Home Loan
lVtS May 1, 1952-1950
1%8 Jan. 1, 1933-1951
2%s Feb. 1, 1955-1953
tDec
-
41;
&
Jersey Insurance of N Y
5.52
BANKS & TRUST COS.--See Page 1608
Land Bank Bonds—
18'
16 Va
com— '
Preferred
49%
8.83
Preferred stock scries
Far*
Federal
St Louis &
-10
Public Serv (Okla)
.*-•
55%
Bid
Par
7.99
3.90
—
stock series
priced bond series
Low priced stock common——
Low
Obligations Of Governmental Agencies
*
Grande
Insurance Companies
15.53
Agricultural
Independence Trust Shares
B-3
Series
15.63
96c
1.10
15.76
32.53
14.95
99
♦.
15.38
Series-
series
Income
26.20
Oustr'tan Funds—
Series
97
_
7.83
Union Common
Securities Ltd—
Aviation Group shares
Institutional
Keystone
1
Trusteed Industry Shares
Foundation Fund Ino
Common
Rio
&
Preferred .;n-r,-v,
;
;
53%
50-year 4s
28.56
13.93
10.97
—
Diversified Investment
9.17
7.85
10.38
8.74
8.15
11.63
5,55
10.59
5.04
6.45
3.24
—
Mining shares
Income
s~
series
Industrial
8.43
.
—
—
'
Huron
1st
Income 75-year 4%s
7.13
4,98
7.04
7.07
4.20
Bond
8.61
6.99
8.74
9.44
7.22
11.44
6.67
Denver
96
7
52.20
8.31
26.56
14.30
14.28
Securities-
National Investors Corp
6.16
6.35
7.95
8.59
6.56
10 41
5.51
7.67
8.34
7.14
9.89
7.95
7.41
———
——
shares
-
2d Fund
Fund Ino
Balanced, shares
—
7.89
7 General bond shares
—
Industrial Machinery shares—
Institutional bond shares
Utllltv
Invest
Natlon-WJde
2.23
41
6.55
16.02
6.63
38
5.86
14.62
5.75
•
58
6.24
"
26.43
,*.03
10
Electrical Equipment
Tobacco
Investors
Mutual
•*
Building shares
Chemical shares
w
Mass
26.32
16.51
—
Automobile shares
Aviation
shares
Bteei shares—^
Trust—
Investors
Mass
6.47
20.71
1.67
24.62
ls>.44
Inc.
Securities—
Agricultural shares
Petroleum
-10c
1
1
10
Common
154
1*52
Group
Investing
•
113.88
51.16
Sayles Second Fund—10
32.47
1
1
—
First
Food
...
Sayles Mutual Fund—•
24;
55
;V*
Francisco—
:
20
54
preferred —-——100
Manhattan Bond Fund Inc—
fic Howard—
Fully
4.97
Common
6%
93
Louis fis San
-
5.51
13.82
5.62
Loomis
Jst 3«4s income—w———1993
—
Chicago Rock Island & Pacific—
•7777752
St
16.65
Fund
Loomis
1
14.29
15.46
com—100 2,700
2,800
Commonwealth
Dividend
-7--'
8-4—
Knickerbocker
5.05
30.19
•
Series
.
—-
28.73
15.16
12.57
-
—
82
——2018
4%8
'
105
78
Selected series
Christiana Securities
Delaware
103.35
23.92
20.63
20.14
8-3
Income
29.86
26.15
r —-
r_Tr__,
S-2
Series
"v6%
4.35
1
Fund Ltd
Century Shares Trust
Canadian Inv
}l Preferred
5%
99.25
22.25
19.13
18.38
—
Fund Inc_
Boston
.
7.75
16.02
5%-
—
B
Beneficial Corp
Blair &
8
T1
'
20-ii"
18.36
23.56
-
fl-1
Series
4.68
11.48
8%
8.33
17.23
6 Aa
stocks
102
2019
4%s
Denver fis Rio Grande-
-
K-tf—
Series
32%
30%
4.27
10.58
1
American Business
K-l
Series
RpHoa
and If Issued)
as
Ask
1994
Income
Ask
v:
(Cont.)—
Keystone Custodian Funds
8.29
5.01
1st 4s
Conv
Pari"
-
"7.55
.4.58
-1
IV*
10
Aeronautical Securities
V
Ask
*?■
Bid
Chicago Rock Island fis Pacific—
Investing Companies
Pat
-y v.-v
Bell Teletype KT 1-953
■
Tele. NY 1-1287 «t 1-1288
Direct Wires to
A-i
.'.
,
2-8700
REctor
.Phone:
,
Exchange Plac«v New York S, N. Y.
v;>:;
;
Members New York Security Dealers
CHICAGO
PHILADELPHIA
193d
Established
Co
&
r
-
Tel: DIgby 4-4950
120 Broadway, New York
Ward
1
Member* New York Stock Exchange
Members New York Curb Exchange
and common
7*No par
-.'dividend.'
prico
s Cash
(Un) Unlisted Issue. - w d When de-
name changed to Society Brand Clothes July 29
stock split on a 3-for-l basis.
1
"
$These bonds are subject to all Federal taxes. ; fEx-liquldatlng
'V;■
value*! flu default.
}
THrCOMMERCIAL#^
1626
Monday, September 30,194©
MM
THE COURSE OF BANK CLEARINGS
<My-
Week
-/
1946
Bank
clearings -this week will show an increase compared with
a
year
ago.
Third- Federal Reserve
JihreHminary figured cOhipiled by U£,t based upon telegraphic advice^ from the chief
cities of the country, indicate that for the week ended Saturday, Sept. 28, clearings
for all cities of the United State* from which it id
total stands at
a
gain for the week ended Friday of 31.0%.
for the week follows:
v>
M
-% Clearing*—Returns by Telegraph
'y ?
||v Uy
Scranton
Week Ending Sept; 28— -r;"New Y0«t-.
—
—
"'
1945
$6,670,975,131
—■
r:
Boston.—
-
4-31.0
Fourth
4 18.9
13.0
1,283,309
58.3
849,068
434,9741,597,175'.
872,766:
1,710,116?
716,000,000
+63.7
1,590,109
+
25.5
675,000,000
+
54.6
l,69i,991
1,229,976*
+
44.1-
2,605,441
2,590,5051
+
9.0
1,342,394
1,320,996;
1,577,18*i
111.1
+
t8,675,673
+
1,659,783
64.1
4,136,075
5553,905
+ 23.2
678,768,161
855,078,775
Federal
Reserve
+26.0
537,000,000
4 21.0
Cincinnati
-
♦280,000,000
4 67.2
7,596,242
166,589,863
Cleveland
218,035,455
169,290,112
151,000,000
+
239,557,960
+26.9
Columbus
428*8
240,400.000
-.
141,513,192
304,088,284
•]
Kansas Clty_
3,766,700 \
695,164,006
-*-731,100,392-
258,155,000
4 32.0
165,709,879
116,220,047
Fifth
$7,406,952,023
3,l08f3l5!
3,865,513
17.7
124,998,322
135,410,488
247,117,593 V
241,547,169
19.7
+
16,641,600
22,252,600
2,915,079
30.5
50.5
242,875,574
+
34.3
302,230,126
291,485,010
655,002,969
+
28.0
707,211,789
694,045,260
50.6
1,395,925
6,936,000101,309,544
2,581,044
164,816,201
41,076,705
„•
2,353,860
3,832,556 V
3.525,818 J
♦
/
1,587,319,165
4 48.8
Federal
Reserve District—Richmond-
4 30.5
West
$12,026,289,390
Virginia—Nuntington———.
Richmond
'2,088,311,351
South
—53.2
,
.
Carolina—CharhMtton*--—^-^
of
1,483,000
+
6,387,000
*104,160,481
+
39.8
+
4?,2
2,355,866
148,177,201
'•3,556,459
.
Maryland—'Baltimore
District
$13,003,727,38ft $11,082,582,539-
2,322,839
8,928,000
Virginia—Norfolk
$8,994271488^433.7
977,437,996
Total all cities for week——...——-
■!<—-*
4 30.2
-
2,362,539,940
AH Citftw, oiredayr_
1
+
320,130,838
.
(7 cities)--
4 30.9
$9,663,740,450
day***,
'
+
4418,507
838;563,997
Pennsylvania—Pittsburgh
"Total
151,377,718
..
1—iit
-200,194,794
216,852,562
Other cities,, five days*.
+98.0
i
20,095,300
3,006,865
3,924,361.}
-
6,196,509
196,69ft,040
flvs days_
3,835,571
24,047,900
Mansfield
340,661,000
1
"
4 59.2
Sait Ftanciscou^-.
«
District—Cleveland-
Ohio—Canton v
650,000,000
468,124^78-
-
.
429,334,451
St. Louis
Totalali cities; fttft
488,011
+
%
$5,092,047,740
<-510,627,266*
"f
$
mm
Philadelphia—
-■Mi'
1943
'
1,818,054
*
Total (lo cities)
Chicago
Ten cities,
$
3,207,173
1,903,233
1,573,943
2,075,478
3,322,759
114,233,636
5,096,688
,
.
___
'
>
:
+ 09.5
662,000,003
..4,620,849
___
——
Ybrk
•
1946
„
—
Delaware—Wilmington
New
Jersey—Trenton
V
'■
1944
.
+
1,678,420
831,000,000
2,810,823
—
Wllkes-Barre
Our comparative
679,980
2,747,319
Philadelphia
Reading
-
578,591
1,192,692
1,076.436
Lancaster
$13,Q03;727,3?© agaihst f $11,082,582j53^fdr-thfe^same4 week in 1945.
At this center there is
summary
980 509
1,347,914
—
Chester
Our preliminary
Sept. 21
Inc.or
Dec. %
$
District—Philadelphia—
Bethlehem
possible to obtain weekly clearings
17.3% above those for the corresponding week last year.
will be
Pennsylvania—Altoona
Ended
1945
.$
+
51.0
218,675,242
480,362,792
+
21.2
72,865,050
49,846,371
+
46.2
454,524,791
344,595,510
Columbia—Washington.'
1,146,157
6,233,000
96,123,031
v,
Total
(6 cities)
Sixth
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
2,422,818
172,069,362 i
40,046,643
417.3
•Estimated.
•
r
Federal Reserve* District—Atlanta—
+31.9
310,115,419
+ 13.9
15,323,037
42,700,525
155,800,000
2,423,655
318,043,011
s,
ends Saturday and
the Saturday figures
not available at time of going to press.
are
Accordingly, in the above the last day of the week in all
has to be estimated.
cases
Tennessee—Knoxville
16,292,185
In the elaborate detailed statement, however, which we present further below,
we
able to give the final and complete results of the week previous—the week
are
ended
Sept. 21. For that week there
;in the
week in 1945. Outside of this city there
same
clearings at this center having recorded
was a
are
larger
by 11.0% in the Boston Reserve District by 25.4% and in the Philadlephia Reserve
District by 26.0%.
•the
St.
Louis
In the Cleveland Reserve District the totals record
£24.4%.
In
The Chicago Reserve District has to its credit
Reserve
District
Kansas
the
of
41.1%
improve¬
an
a
gain of 21.0%,
and
the
Minneapolis Reserve District of
City Reserve District
the
totals register
24.2%, in the Dallas Reserve District of 47.0% and in the
San
an
expansion
Francisco
Week Ended Sept. 21—
Federal Reserve
1st
Terre
$
12 cities
2d New York—
3d
,4th Cleveland
Gth
Atlanta
7th
;
-
438,571,751
7,225,615,729
+ 11.0
-
10
17
-
;■
Louis...——...;
4
..
9th Minneapolis
7
462,631,954
+29.9
430,705,850
+ 81.7
•
+ 24.6
10
Sioux
City
11th Dallas
$
12th San
Francisco,^—
Total;
if
10
$
439,267,895
662,460
580,645
584,297
6,240,424
+ 53.1
5,285,986
5,031,548
3,662,260
+ 20.6
4,742,607
4,282,752
4,586,479
2,145,212
+ 67.1
3,293,492
2,707,128
34,358,000
+ 34.0
31,542,000
34,889,000
2,765,769
+ 62.7
4,339,043
3,495,917
10,536,168
34,199,293
13,149,341
—
_
City
+
16.7
8,234,050
39,104,976
+
28.7
38,544,139
3,131,195
+
2.5
3,082,920
21,229,326
—
11,265,292
50,326,853
3,209,252
15,520,696
+
36.8
14,077,297
9,506,851
——
8,804,405
+
8.3
7,111,107
+ 68.3
7,307,682
512,691
18.6
490,422,606
481,150,053
+ 55.9
1,663,102
882,193
524,337
659,859,551
556,251,925
1,647,361
+
2,568,498
7,819,008
*
7,363,314
+
6.2
6,386,778
3,699,982
2,417,304
2,140,492
+
53.1
2,235,377
2,042,813
2,957,512
+
38.2
2,260,761
1,928,483
845,500,511
698,605,422
+21.0
624,511,176
612,771,095
+
30.3
209,700,000
+
33.2
75.062,688
+102.6
55,098,783
199,300,000
72,818,724
65,222,889
—
(17 cities)—.
«
Eighth Federal Reserve District—St.
Louis
5,721,796,388
5,339,436,089
678,768,161.
+ 26.0
695,164,006
731,100,392
Louis—
655,002,969
+ 28.0
707,211,789
694,045,260
+ 31.9
318,115,419
318,043,011
462,631,954
+ 29.9
430,705,850
+ 21.0
624,511,176
+ 41.1
341,017,471
+ 24.4
241,478,669
243,304,812
1,372,430
974,686
493,522,583
349,768,820
—.......
Total
(4 cities)
Ninth
338,421,613
289,845,947
85,390,258
Federal Reserve
+
40.8
+41.1
add
now
Week ended
our
339,638,410
+ 24.2
306,520,823
6,629,538
5,769,766
255,201,372
208,041,902
76.779,337
5,624,741
mm
62,551,650
mi.
Minneapolis
316,797,083
St. Paul
>+
259,514,449
176,572,719
+ 47.0
173,940,550
170,392,117
North
Dakota—Fargo
750,154,239
601,747,328
+ 24.7-
586,950,068
572,281,288
South
Dakota—Aberdeen-
+15.0
14,447,541,214
detailed statement
12,261,364,720
+ 17,8
10,586,680,104
10,215,349,947
5,224,101,595
-
+ 27.3
5,038,668,935
5,054,943,177
Total
Clearings at—
Portland
$
$
1,097,109
+ 14.6
3,972,070
748,059
3,677,620
Springfield
373,523,168
+ 25.3
383,215,668
385,991,992
t^235,499
+38,0
1,032,327
436,463
+ 60.6
420,452
1,601,818
+25.6
1,344,816
+ 38.3
3,015,83ft
Hampshire—Manchester.
New
549,954,629
289,845,947
+24.4
241,478,669
164,614
+ 78.3
205,661
202,283
+ 13.2
249,229
3,686,944
4,342,163
1,393,238
limn,
City-
365,721
4,115,065
+
41.0
85,047,958
+ 13.4
+ 75.7
276,550
9,302,161
3,452,751
7,571,534
+ 22.9
71,168,825
2,326,284
8,933,407
290,317,148
229,146,662
+ 26.7
212,382,165
214,498,928
6,364,496
in..
.
7,256,932
—12.3
5,711,844.
6,035,944
1,195,137
1,518,383
1,545,142
—22.7
1,023,016"
1,016,409
972,031
+ 56.2
833,448
839,555
339,638,410
+24.2
306,520,823
316,797,083
....
1
...
;
—
79,123,964
3,467,721
6,993,557
438,571,751
Total
Springs
—.
(10 cities).
Eleventh
17,514,328
Federal
Reserve
District—Dallas—
Texas—Austin
5,292,641
19,097,^00
21,724,800
+ 60.8
694,727
630,018
+25.4
Fort Worth...
144,436,000
16,612,658
19,180,470
„
.
Galveston
77.4
2,538,286
2,600,687
+ 50.6
145,032,000
+
15.5
15,029,204
143,"727,392
13,672,033
+
43.7
+
3,569,000
1,767,908
+ 37.7
7,986,931
ft,052,895
+ 32.0
4,434,300
1,467,160
5,439,591
3,764,000
2,434,957
259,514,449
176,572,719
+47.0
173,940,550
170,392,117
+14.6
102,407,289
2,928,728
103,213,802
+ 29.3
28.5
86,939,837
+ 32.8
30,696,716
95,898,847
34,269,070
5,128,000
Falls.:
Louisiana—Shreveport
446,280,077
14,926,722
4,134,258
217,448,000
....
Wichita
439,267,895
7,336,097
Dallas
5,375,321
+25.6
•
Colorado—Colorado
3,936,629
17,314,390
11,311,350
JamestoWu
Syracuse
,
,y,"
--Vyy:
69,380,000
+ 13.8
72,600,000
70,044,000
1,435,841
—11.4
869,837
1,117,582'
+
45.8
"955,412
1,594,731
1,000,224
+ 10.8
5,547,011,169
Total (6 cities)—
5,160,406,770
16,485,51ft
10,520,004.
:
Jersey—Montclair
645,447
i 37,985,918
—
(12 cities)
,
Washington—Seattle
.1,365,748
+
43.6
10,898,808
+
40.5
5,718,104
8,111,636
Utah—Salt
109,398,876
4,8C8,521
:
Lake
California—Long
Pasadena'
City
Beach
46,370,194
9,072,558
—
,
v
<
3,718,163.
86,510,630
34,909,081
8,040,690
7,443,788
Francisco
San
95,481,058
,
111,137,489
5,253,956
436,123,000
351,772,000
12,187,046
7,319,556
2,415,969
6,326,216
■
San
6,690,635
<+28.6
Yakima
Oregon—Portland
10,760,927
6,062,108
1,478,924
5,149,081
Jose
—
i
+
+ 12.8
8,932,499
3,440,021 i
8,715,506
■
+41.7
4,090,558
3,572,061
j
24.0
335,448,000
311,117,000
+
+ 66.5
7,564,566
5,963,948 4
8,132,725
8,221,772
.
574,274' +12.4
520,455
+ 29.4
24,375,730
29,350,756
47,521,592
40,482,175
8,017,170,624
7,225,615,729
-
.
11,421,000
.
'
Newark
Jersey
,
7,037,263,125.
9,779,660
;
Connecticut—Stamford
Northern New
1,305,865
7,798,666,471
...
Rochester
50.6
1,626,887
—<>«»..
6,944,156
+
1,271,896
y—
+ 28.0
1,570,756
78,989,000
;
8,836,340
2,365,483
New York.^—.
Total
97.2
-Twelfth Federal Reserve District—San Francisco—
York—Albany—
Elmirft
New
+
Federal Reserve District—New York-
iBuffalov
:
685,703
2,503,759
9.1
+ 52.9
22,999,500
1,102,641
Binghamton
-•
5,175,822
1,751,245
4,777,736
421,928,071
I,,
City
Pueblo
+ 52.1
+
6,224,667
28,870,700
—u»
Total (12 cities)-.
Second
.3,041,674
19,252,654
9,514,456
Rhode Island—Providence—
New
58.0
6,066,573
.......
St. Joseph..;
4,297,116
21,000,219
*
243,304,812
35.8
+
1,098,283
4,560,532
4,625,094
Haveni—I
....
Missouri—Kansas
652,561
6,309,481
Connecticut—Hartford
5,070,681
+
1,864,633
984,385
2,010,351
-i
3,047,935
1,564,287
+ 39.2
2,402,322
293,554
414,107
5,801,523
100,654,989
—.
Omaha
3,977,555
698,148
Worcester
New
$
1,704,652
Bedford—
Lincoln
Wichita
+ 56.6
c
•
1943
467,942,752
Lowell
3,289,012
1,752,332
4,136,033
360,650,325
(7 cities).
Hastings
1944
Dec. %
1,037,913
4,550,367
—.
176,371,695
51,720,943
4,039,852
Kansas—Topeka
1,626,768
Pall ttlvef—
New
Sept. 21
Inc.or
District—Boston—
Massachusetts—BOStotf
v
1945
$
First Federal Reserve
*
4,699,731
117,272,655
53,935,958
10,205,787
Nebraska—Fremont
1946
22.7
3,263,330
Tenth Federal Reserve District—Kansas
Sept. 21 for four years:
Maine—Bangor
338,421,613
2,946,220
......
Helena
showing the figures for each city for the
+ 22.7
+
'
Montana—Billings
Week Ended
1
1,080,000
341,017,471
District—Minneapolis—
Minnesota—Duluth
44
6,048,874,7431
We
1,156,000
"
612,771,095
349,768,820
48,703,87)3
.
432,477,110
.698,605,422
Kentucky—Louisville
214.700,000
98,673,806
Illinois—Quincy
344,505,510
279,700,000
113,776,347
Tennessee—Memphis
421,928,071
Outside
471,211
1,373,960
4,844,538
Missouri—St.
860,650,325
/
2,890,208
15,132,610
446,280,077
493,522,583
111 (cities
432,477,110
1943
<
845,500,511
6
"
1,203,574
Illinois—Bloomington
<1
dlw£..
'
District—Chicago-
•
10th Kansas
4,670,657
312,944
108,103,778
Rockford
600,978,220
If
98,804,820
Haute—
454,04,701'
II
+ 22.1
4,633,297
46,033,000
4,499,444
838,563,997
;
u
+ 16.4
Wayne
.855,078,775.
•$
56,139,995
Springfield
1944
or
Dec. %
'
8,017,170,624
6
u
MMi.-,J
Chicago
8th St.
7
:
$
+ 25.4
10
^
Inc.
1945
/
+ 36.8
2,682,793
9,551,537
Wisconsin—Milwaukee
Total
549,954,629
12
Philadelphia
5th Richmond
Reserve
Iowa—Cedar Rapids
Des Moines
by Federal Reserve Districts:'
1946
Districts
Boston
68,279,851
281,337
Indianapolis
SUMMARY OF BANK CLEARINGS
••
49,693,745
101,655,811
South Bend
Peoria
;•
50,232,818
4,418,110
Indiana—Fort
of
Reserve
Federal
Decatur
we furnish a summary
V'V'■ ' '
2,725,207
28.5
5,772,740
.
Lansing
•
In the following
1,793,676
+
—327,347
.
(10 cities)
Seventh
)#
/-o
+ 48.5
124,096,659
—
Chicago
District of 24.7%.-1
+
1,921,877
58,126,713
5,162,027
338,579
Michigan—Ann Arbor
Grand
Rapids
28.0% in the Richmond Reserve District of 31.9% and in the Atlanta Reserve
-District of 29.9%.
2,404,809
55,642,440
We group the cities
'it appears that in the New York District (including this city) the totals
ment of
91.9
16,399,672
45,648,319
152,100,000
2.853,121
600,978,220
Mobile
Mississippi—Vicksburg
Total
30.9
93,411,489
Louisiana—New Orleans
gain of 27.3%, the bank
increase of 10.8%.
an
36.5
71,508,179
—t_—
——:
Alabama—Birmingham
according to the Federal Reserve District by 25.4% and in the Philadelphia Reserve
-
+
+
4,614,742
Macon
Florida—Jacksonville
increase of 17.8%, the aggregate of clear¬
was an
ings for the whole country having amounted to $14,447,541,214 against $12,261,364,720
46,606,293
166,900,000
218,499,000
Augusta
<■•':+*
14,306,239
63,602,758
Nashville
Georgia—Atlanta
-
4.0
40,760,322
39,039,010
5,721,796,388
5,339,436,089
3,977,622
9,635,145
Stockton
673,572;
25,525,919
+11.0
—
-
Santa Barbara—
Tota^dO cities)
Grand Total
Outside
.
(111)
*
New; York-—**
•Estimated.
750,154,239
601,747,328
T4,447,541,214
12,261,364,720
6,648,874,743
5,224,101,595
.
cities)—J
-
tNot included In totals;
64.6
2,689,241
1,711,052
+ 52.3
5,252,634
4,379,981
+
+ 24.7
586,950,068
+
17.8
10,586,680,104
+
27.3
5,038,668,935
572,281,288^
10,215,349,947
5,054,943,177
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4529
Volume 164
1627
;
Foreign Exchange Rates
Company »ad Issue—
Peat
C.)
(B.
522 of ihe Tariff Aet of l930, the I,ederal B^serve1 Banlt is Tibw cer'j:iSfcsring:-daiiy? to-'Tate foT cable transfers in the different countries of the
world.
We give below a record for the week, just passed:
{..
Fursudnt ta>:tfee^requirements o{ Sectic>ii
ref.
1st &
;i;V
.
Noon
UNDER TARIFF
TREASURY
TO
ACT
" >•••:/.
27/a% bonds,
Building Corp.,
series E, due
Ltd.—
mtge.
Argentina,
k'
-
*
1
1259
1
960
1
12769
Paper Co.,
Regis
Estate
Real
<
"•
1965
—
;
1st refunding mortgage 5s, due
Southwestern Public Service Co.—
Value in United States Moneys
f
•'
.•
Sept. 6
'' '
Sept. 7
1st
$
peso—
Sept. 12
Sept. 11
Sept. 10
Sept. 9
3Va%
mortgage
$
$
$
$
.297733*
.297733*
.297733*
.297733*
.251247*
.251247*
.251247*
.251247*
$
20-year 6%
bonds,
due
—
Free
_
Australia, pound
_
_
-
Belgian, franc
.251247*
3.214113
3.214113
3.214113
3.214113
.022805
.022805
.022802
.022801
.054053
-
—
-
_
.297733*
'
.022815
.054053
.054053
.054053
.054053
1.000000
1.000000
.959821
.959765
3,214113
_
_
..
Brazil, cruzeiro
-
___
Closed
.Oct
Closed
_
_
Colombia, peso
—
-
_
-
.
-
—
Czechoslovakia, kcruna—
Denmark, krone
_
England, pound sterlingFrance
_
_
.570066*
%
.020060
.020060
.208787
4.033515
'
4.033515
4.033515
•
.008408
.008408
-.301723
Mexico, peso.
-
_
"
Free.
.205828
.377893
1.000000
1.000000
1.000000
.957500
.957500
.957916
-
3.227000
3.227000
3.227000
.201612
.201612
.201612
.040501
Portugal, escudo.
Spain, peseta—
Sweden, krona
.040501
.040501
.040501
.
.
_
—
—
-
—
__
Switzerland, franc
.
.
.
.
.
.
_
.091324
.091324
.091324
-
.091324
.278152
.278152
.278166
.278151
-
.233628
.233629
.235629
._
_
Closed
4.005000
.
.
—
4.005000
4.005000
Inc. ( + ) or Dec. (- -) Since
Sept 18,
-
Controlled
.502716*
——
Noncontrolled.
.
—
_
.
.562716*
.658300*
.562716*
„
.562716*
cash
•
13,
1946
SEPT.
TO
19,
1946,, INCLUSIVE
——
—-
Noon Buying Rate for Cable Transfers in New
Country and Monetary Unit
York
Bills
Value in United States Money
♦
———a—
Acceptances purchased
-tC S. Govt, securities:
1
-
177,192
8,340
74,973
12,775
38,897
Sept. 19
Sept. 18
Sept. 17
Free—
.251247*
A
Australia, pound..
Belgian, franc
Brazil, cruzeiro.
...
14,468,540
7,603.409
.022799
.02280,1
.054053
.054053
.054053
Due
_
_
1.000000
1.000000
.963934
.961875
.962678
.570066*
.570066*
.570066*
_
.570066*
.
Czechoslovakia, koruna—
1.000000
.570066*
Closed
1.000000
___
__
1.000000
.960937
Official
Colombia, peso
__
Closed
4.033437
...
.208765
.208765
4.032578
.008408
.008408
.008408
.301723
.301723
.205768
,..377893
.377893
1.000000
1.000000
Closed
1.000000
_______
Norway, krone.
—
Portugal, escudo
Spain, peseta—
Sweden, krona
__
—_
...
___
Federal
-
.
_
Union of South
.959166
3.226000
.201612
.201612
_
.
.040501
.040501
.040501
Other liabs., incl. accrued divs.
.091324
.091324
.091324
.278194
.278208
.278214
.278207
.233629
.233629
.233629
.233629
4.005000
4.005000
4.005000
Closed
—
-
Noncontrolled
_
♦Nominal rate.
deposits
Total
2,355,992
11,697
.562568*
.562716*
.562716*
.562716*
.562716*
-
mm
mm
paid
Page
of
33
'/''■•T.'v'l
83,418
1
dated
1943
Windsor
-
Oct
bds,, due 19 66—Nov
-
—
Ltd., 1st & ref. 5%
Gas Co.,
and common stocks called for redemption,
including those called under sinking fund provisions.
ing tenders, and the page number gives the location in
which the details were given in the "Chronicle."'
TENDER
Company and Issue—
Central
1st
St.
Power Co.—
Maine
and
mortgage series M
gen.
3+fcs,
due 1972
Sep 20
Joseph & Grand Island Ry.—
1st mortgage
•
Page
Date
4%
bonds due 1947
Anytime
52824
PARTIAL
ENTIRE
ISSUES
Page
Date
preferred stock
Oct 15
Albany Perforated Wrapping Paper Co.—
1st mtge, and col. trust 20-yr. 6% bonds due 1948—.-Oct
1
Algoma Eastern Ry., 1st mortgage 5s
Mar 1/47
Aluminium, Ltd. 6% preferred stock
——Nov 29
American Cities Power & Light Corp.—
Convertible class A stock, optional dividend series—Oct
American Ice Co., 6% preferred stock
Nov
Austin, Nichols & Co., Inc., prior "A" stock
—Nov
4%
Laboratories,
,
*
415
Bancroft
& Sons Co.,
(Joseph)
7%
4lis,
mortgage
due
debs. due 1959—
Oct 25
1st mtge. 5 % loan ctfs
Oct 1
Automatic Machine Co. $7 first pfd. stock—Sep 30
Columbia
Gas
Central
& Electric Corp.—
5%
549
1325
nOteS
1077
Ferry
Investment
Dlerks
Co.,
Co.,
1st mtge.
Dec
6s
Oct
1
1330
Missabe & Iron Range Ry.—
ZV2S, due 1962
-Nov
Co;, Ltd.—
1st mortgage 7s, series A and series B, due 1952——Oct
Family Finance Corp., $1.50 pfd. stock, ser. A and B—Oct
Fox De Luxe Brewing Co. of Indiana, Inc. 5% pfd. stk._Oct
Oct
1
1330
Great
bonds, due 1975-Oct
Maritime Electric Cp., Ltd.,
1st mtge. 4V2S, due 1956_Oct
Montana Power Co.. 1st mortgage 2%s, due 1975
Oct
Montreal Island Power Co., 1st mtge. 5'/as, series A__Nov
1
1
1211
Great Lakes Paper
1
1211
4'/2%
1
1330
Industrial
1
—
(P.)
Co., 3%
debentures due i963
Louisiana Power & Light Co.,
Maine
Public
1st mtge. 3s, due 1974
New Haven Water Co.
1st
Discounts
bonds,
*
4%
bonds,
ser.
B, due 1975_Oct
1
series
B,
due
1975
Oct
1
1330
1331
1331
series B 3Ya%
bonds due 1971
Oct
1
869
1
n
Acceptance
Orr
Mills
&
Sons,
„
,
64,036
31,308
128,138
1,031
36
1,950
3,338
2,107
3,338
.
purchased
isecuritiest; • •'-•;
—
14,739,504
7,775,409
Notes
U.
S.
Total
loans
securities
23,865,803
+444,964
and
securities
24,163,680
+
474,129
+
'472
40,287
—450,044
640,437
+-
680,144
«
1327
$
Due
F.
from
R.
553,394
139,596
2,439,962
Uncollected items
32,742
+£
assets
Total
.•
46,128
Other assets
-
18
92
foreign banks
of other banks—»
notes
45;218,639
39
1,095
1,337
•
11,035
27^01+1,463,703
+
681
1
1328
Liabilities-*-
■
1207
554
Federal
■
Reserve
:
*:f-
24,416,266
notes.
2,961
15,974,622
—305,581
+ 568,706
701.048
+
486,190
Deposits^
bank—reserve
acct.
Treasurer—gen.
acct.
Member
U.
1328
S.
928,063
33,152
Foreign
867,644
+
16,630
383,066
Other
544,365
+
83,909
88,684
+
363,664
_
18,114,694
Total deposits
2,019,157
13,317
acorued divs.
373,514
501,476
—336,835
+
1,620
+ 2,501
1329
683
Inc.—
31
1
1
1329
liabilities
Total
11513
—
44,563,434
+
Capital paid 1A.—184,214.
Surplus (Section 7) —
—
-358,355
Sttrplus (Section 13b)
—
27,428
Other capital accounts—^—-.
85,208
+1,363,681
25,488
"
171
+
12,120
-f
—
130,202
263
+
1~790
+
27,107
—
42,563
1330
•
955
1
Any time
—
Capital Accounts—
Total liabilities & cap.-eedts..
gold certificate redeposit and F. R.
note liabilities combined
Commitments to make Indus-
Ratio
of
serves
1949-Oct
682,448
—
Govt,
Deferred availability items
—Nov 1
Oct 15
Oct
1,526,348
+-
—1,306,550
222,102
'
Ltd.—
preferred stock—4.
•——
McColl-Frontenac Oil Co.*- Ltd*—-, •" •
Ist.mtge; & collat. trust 4'A% bds. sef. A, due
Northern New York Utilities, Inc^—
1st lien & ref. 6% bonds, series B, due 1947
-
4
«
series E, due 1977—July 1, 47
preferred stock--——-—--—Oct
Co., Ltd., 1st mtge. 5% debentures—-Oct
+
272,964
755,290
Total
678
+
+172,000
595,600
1207
•
Sugar
Corp.,
3,072
293,508
advances
Other liabs., incl.
convertible 15-year notes, due 1952——,
Paper Co., 5 % conv. pfd. stock-—
(M.)
177,697
Certificates
S2142
Corp.—
.
Corp.,
45,584
1,829
loans
Bills
1328
convertible debentures, due 1959——Oct
Co., Ltd., 1st mtge. 5s, due 1956
Oct
Ry.—
mtge. gold bonds,
Masonite
Union Depot Co.—
gen.
Manitoba
Mills,
ref. mtge.
30-year
Northern
Lowenstein
Inc. $4 preferred stock
+».
Oct 15
Cincinnati, Chicago & St. Louis RR.—
Gen. mortgage- 3%% bends, series E, due 1975—Oct
1
Queen's Hotel Ltd.v 1st
mortgage 5s__—.——Nov
1
1st &
Great
& Canada Investment
International
Pittsburgh,
Balnt Paul
mortgage
Britain
1,829
18,096,795
299,644
and
Acceptances
U.: B. Govt*
Kootenay Power
41/2%
27/8%
Connecting RR.—
mortgage 2%%
Plllsbury
1329
1330
—
and ref. mortgage
New York
1st
Service Co.—
1st mortgage and collat. trust
.Gen.
Duluth,
East
769,617
ctf. reserves-
cash
Other
1199
Nov 15
—Nov 15
—
Jersey
R.
F.
•Bank, premises'
preferred stock
Sep 30
Detroit City Ice & Fuel Co., 1st mtge. 4s, due 1948—Sep 30
Detroit, Toledo & Ironton RR.—
10-year serial notes, due 1947-1951——
-Oct 1
Delaware-New
for
m,m~-i
Industrial
Oct 16
.
Lorillard
1045
132,113
+
*
.
cumulative
preference stock.
Cumulative-preferred stock, 5% series
Cumulative 6% preferred stock, series A
Convertible
684
.
,
It,327,178
+
fund
Redemption
Total gold
Inc. 3Vi%
Co.,
Soya
certificates
Sep
1963
Cement Co., 6% preferred stock_Oct
(Sidney) & Co., Inc., 7% preferred stock—Oct
Butte Electric & Power Co.. 1st mtge. 5s due 1951—Anytime
Blumenthal
Cleveland
1209
1,310
Inc. (+) or Dec: (—) Since
Sept. 26,
Sept. 18,
1946
Bonds
Nov
preferred stock
Chesebrough Building Co.,
1207
4M
62
1077
1326
Bessemer Limestone
Page
'V
■
0.2%
1946
Gold
CALLED
Company and Issue—
Abbott
1st
REDEMPTION
f 1,309,408
V,
.
5,935
Sept. 25,
Beauharnois Light, Heat & Power Co.—
Date
Company and Issue—
American Viscose Corp. 5% preferred stock
Nov
1
Bangor Hydro-Electric Co., 6% preferred stock
Oct
1
Clyde Porcelain Steel Corp. 5Vz% conv. bonds due 1960-Nov
1
Duluth, Missabe & Iron Range Ry.—
1st mortgage 3Vz*, due 1962
Get
1
Great South Bay Water Co. 1st ref. mtge. 5% bonds—Nov
1
Hartford Electric Light Co., 3% debentures due 1967—Oct
1
Home Telephone & Telegraph Co.—
1st mortgage 3'As, series A, due 1967—
Oct
1
Bygrade Food Products Corp.—
1st & ref. mtge. conv. 6% bds., ser. A & B, due 1949_Oct
1
International Rys. of Central America—
1st mortgage 5 % bonds due 1972
Nov
1
Lackawanna Laundry Co., Inc>—
1st
closed
mortgage
6V2S—...
Oct
1
Lefcourt Realty Corp. prior preferred stock
—Oct 15
Lehigh Coal & Navigation Co.—
3% %
mortgage bonds, series A
Oct
1
Lincoln-Boyle Ice Co., 1st mtge. 6s, series A
Oct
1
729,476
Assets—
preferred
The date indicates the redemption or last date for mak¬
+
indus¬
~i-—mm^
-
list of corporate bonds, notes,
42,529
■"
1255
make
to
loans
1370
—'
1254
1
trial
263
+
45,191,532
gold certificate re¬
deposit and F. R.
Commitments
„,
12,473
130,202
27,428
to
serves
1332
Sun Chemical
United Merchants & Manufacturers, Inc., 5%
+1-208 J99
358,355
••note liabilities combined
(A. G.) & Bros., Inc. 5% debs, due 1989
Dec
1
Corp. preferred stock
Oct 14
pfd. stock.Oct
1
University of Illinois—
3%% Student-Faculty Union Building revenue bonds,
Spalding
Redemption Galls and Sinking Fund
OF
519,200
+728,964
in
Total liabilities & cap. accts.
Data
Company and Urao—
NOTICES
246,012
V-;+V:034.:
203
184,335
m
Surplus (Section 13b)
Other capital accounts--
Ratio
a
430,593
—
44,5374)46
'
1'Surplus (Section 7)
♦♦Temporarily omitted.
Below will be found
343,387
17,351,030
—
liabilities
Capital
—
+
+
.19,672
.Capital -Accounts—^
r
.658300*
.658300*
.658300*
.658300*
.
30,376
.233629
4.005000
: Total
/
.
68,167
433,483
+
.091324
Controlled
_
460,456
Deferred availability items
.040501
727,990
*
^190,336.. u-
.960000
3.226000
.201612
.278150
_
Africa, pound
Uruguay,-peso—
.961250
3.226333
.091324
_
_
442,853
+
•
193,811
+
65L014
———
.201612
—
.
...
.359,357
.958750
.040501
Switzerland, franc
45,713
—
16,280,293
:other
1.000000
1.000000
acct.
bank—reserve
U.
.377893
-
24,419,227
"
S. Treasurer—ge*L
acct.
Foreign —————
.205743
.677893
I
notes—
Reserve
Member
3.226666
_.
—
10,967
+1*408
+729,476
.956458
-—
r
5,285
v
3.227000
...
Zealand, pound
1,108
44,791
Newfoundland, dollarFree
33,611
32,772
Deposits:
.205743
.205743
.377893
Official
+
Total assets
«o
.205794
Netherlands, guilder.
18
+
2,890,006
items
liabilities
.301567
ItU.
.
615,533
139,124
premises
"
Mexico, peso—
420,192
8446
578,488
+
92
other banks—
assets
.008408
.301723
.301723
Italy, lira—
+140,404
4.032500
.008409
___
India (British) .rupee
+130,121
23,689,551
Other
.208765
4.032890
23,420,839
securities
Bank
.020060
.020060
.208765
4.033046
.208787
England, pound sterling
France (Metropolitan) franc
.020060
.020060
.020060
_
Denmark, krone
455,349
securities
of
Uncollected
222,102
—
and
foreign banks
notes
671,548
—1,276,550
Govt,
S.
loans
from
R.
F.
Canada dollar—
Free.
U.
Total
.022801
.054053
__
Total
3.213113
.022799
.022799
_
3.213113
1,282,453
+
138,500
-755,290
.251247*
3.213446
+
+
8,370*
—
595,600
Bonds
.297733*
.251247*
•*
:
$
.297733*
.251247*
3.213780
Closed
3.214113
..
$
.297733*
.251247*
$
$
Official
$
.297733*
Argentina, peso—
1,705
5,445
2,454
5,445
v
—
38-
lr067?
-r
.
-
Certificates
Sept. 16
$
Sept. 14
56,829
+
617
Notes
Sept. 13
619
18,098,624
296,572
'Discounts and advances
.Industrial' loans
SEPT.
1945
120,360
+
262,200
gold ctf., reserves
Other
-
17,327^178
—^
»Redemption fund for F.' R.
: ^
.-notes'771,446
; .:-4y//v*//'•
><oAS
658300"
.562716*
.658300*
Sept. 19,
1946
.r/AJ '
■'
-
Gold certificates
4.00500
.658300*
Assets:—
■f
Uruguay, peso—
.658300*
Sept. 11,
1946
'
.233629
4.005000
.233628
...
_
Union of South Africa, pound.
(In thousands of dollars)
.040501
.278203
-
flu
;
Reserve Banks Combined 7
•
■
.201612
.091324
-
.
••
3.227000
.201612
pound
Norway, krone
Vol. .162;
jln
Vol. ;16I.
$la
Statement of Condition of the 12 Federal
•
.
.964583
...
_
_.
issue*
V '
1.00000
.961875
•
Closed
.
—
.
...
tbfe
m
.
.377893
'
•
•
—
.
^Announcement
..V.205828
.377893
.377892
...
New Zealand,
'.I:,'-.:,./**"/-:.
.205845
.377893
.205810
_
Newfoundland, dollar—;
Official.
i , 1128
1 ; ; ;
*
T
12901
.
Vol. 163.
.301723
,301723
.
Netherlands, guilder.
.
.008408
,008408
v
-.301723 ■+...
..
»«
...
I
-v..•
$2490
♦
•,
4.033515
Closed
.008409
India (British), rupee
Italy, lira
12015
1
.208767
.020000
.208767
4.033437
...
Oct
—
.208767
.570066*
.020060
.208767
-
(Metropolitan) franc..
—
.570066*
'.570066*
.020060
-
-
__
;/•";
r
gold notes due 1948—
•
1.00000
•
•
.964687
.570066*
-
_
.
—
1.000000
.937187
-
1331
Sep 30
1974-
.959921
,
Official—
Free..
New
>k
United States Plywood Corp.—
4%% preferred stock, series A &
--Oct
Viceroy Mfg. Co., Ltd., 1st mortgage bonds.—
—Nov
"Walworth Co., 20-year 1st mtge. 4% bonds -due 1955—Oct
Canada, dollai—
■
1
12447
.Texas Power & Light Co.—
/..
6%
gold debenture bonds, series A, due 2022
July 1, '47
■Textileather Corp.,
7% preferred .stock———Sep 30
Trane
Co., 6% preferred stock,
—Dec
1
'
.-Official-
1249
—
1960
•Standard Gas & Electric Co;—
.,'
••
Page
1
.
1
Exchange
general mortgage bonds, due
fi* Spring Brook Water Supply Co,
mf
iv+ii vt
•
,
1938—— —————_Oct
1%
St.
1930
OF
1947——Oct
■
5%
second preferred stock
—Oct
Co.,. Inc., Income debs, due 1951—Oct
Scranton-Spring Brook Water Service Co.— £•#;:&•;;/
Royal
Buying Rate for Cable Transfers in New York
Country and Monetary Unit
««
BANK
due
6s,
1
\
5.. SEPT. 6, 1946 TO SEPT. 12, 1946, INCLUSIVE
-
••
RESERVE
BY FEDERAL
CERTIFIED
RATES
EXCHANGE
1st mtge.
Oct
Schulte
FOREIGN
Date
Ltd.,
Co.,
Rochester Telephone Corp.-—
12822
trial
45,218,639
.
++1,463,703
_
to
loans
—
42.5%
'•;+■
0.4%
0.5%
•
5-961
26
1,587
1628
$110,000,000.
Borrowings declined $83,000,000 in New York City and
$126,000,000 at all reporting member banks.
A summary of the assets and liabilities of reporting
statement of weekly reporting member
System in 101 leading
cities shows the following principal changes for the week
ended Sept; 18: Increases of $160,000,000 in commercial,
Federal Reserve
the
of
member banks follows:
*■"
^
TJnited
000,000
Sept. 11,
Assets—
Loans
loans
chasing
de¬
purpose
U.
and
000 at all
banks
+
+
18
556
+
419
—2,500
—4,538;;
229
164
19
—
+2,229
57
4
95,
84
73
115
+
+
+
—
656
2,111
,
with domestic
328
*
67
83
—
prior pref.
Time
U.
S.
39,619
10,233
5,467
deposits adjusted
deposits
deposits
Government
Interbank
9,423
Borrowings
demand
to
interbank
948
+
+1,169
—4,725
+
126
243
237
23
—
544
—
Gov't
S.
U.
+
—
110
accounts except
accounts,
deposit
and
+
1,330
162
banks
banks
Foreign
(Revised figure
14,663
week
during
182
11
54*
deposits:
Domestic
Debits
+
+
+
previous week 13,484)
Cleveland-Sandusky
member banks follows:
Since
Sept. 19,
Assets—
59,408
196
+
380
+
2,602
3,925
—
+
15,366
investments—total
and
Loans
Loans—total
+
160
+
2,801
—2,176
Commercial, industrial, and agricultural
lOanS
t,
brokers and dealers: for pur¬
to
.Loans
chasing or carrying:
U. S. Government obligations
Other
-
-
>1
securities—.
3
7%
preferred
:-'S
—;
805
Consolidated
7%
2
—
securities————————————
with Federal Reserve
Reserve
Cash in
vault—
Balances with domestic
+
77
39
+
47
102
+
9
_
(quar.)
Can
Distilling Co.
Co.
39,767
deposits adjusted
—
—
deposits—— 10,242
5,498
Demand
"Time
1
Interbank
deposits:
banks-^——i—-
148
+
9,527
+
1,331
+
1
—
+
—
162
Debits
and
interbank
during
329
7%
237
week—
American
.
4xh %
The condition statement of weekly reporting
Federal
the
of
cities shows the
ended Sept. 11:
Reserve System
member
5%
Commercial,
in
creased
all
the
principal increases"
being
District, $18,000,000 in the San Francisco District, and
$12,000,000; each in the Philadelphia and Minneapolis
districts. Loans to brokers and dealers for purchasing or
carrying United States Government obligations declined
6%
total
&
Wilcox
preferred
$164,000,000.
Holdings
000
in the
of
United
decrease
States
Co.
6%
Demand
.
'
/
re¬
"
deposits adjusted increased $35,000,000 each
Brainard
Steel
2
10-
2
9-27
11-12
9-19
•
10-25
1
1
1
10-
(quar.)
Brooklyn
Union
6%
preferred
Green
1
9-20
$1.50
1
9-20
Guardian
1
10-19
11-
9-30
9-27
$1
10-20
15c
25c
9-30
11-
Buffalo Insurance Co.
t$l
Public
(initial)
(quar.)
(quar.)
Trust
«...
(Hartford)—
.
Non-cum.
Series
Hartford Electric
Hartford Gas
"I"
J
'
;
12-
10-11
2
8%
*
9-16
9-23
9-30
10-15
10- 1
11* 1
10- 7
10-
10-
=■
$3
1
1
9-30
9-30
9-27
9-24
3%%
preferred
12-
2
11- 7
Hershey
87 %c
12-
2
8IV2C
12-
2
preferred
(quar.)
preferred ;1927 Series; (quar.L~+-ui-iv
10-10
9-23
1
9-23
9-23
10-
9-20
9-30
9-23
9-23
10-
$1
■:r
11-
7
11-
9-20
9-18
9-18
10- 1
10- 1
9-18
f-18
10- 1
10-1
9-20
68%c
50c
11- 1
9-30
10-15
50c
9-30
9-19
9-19
7
$1.50
9-30
! ; 9-25
$1.75
.11- 1
10-15
$1.75
10-15
9-30
$1.50
10-15
$1.50
40c
Chocolate
Corp. com.
(quar.)
10- 1
§-23
$1.25
10- 1
0-23
20c
40c
40c
10-10
10- 1
10-31
10- 8
93%c
50c
$1.25
j-j 75c
10-31
9-27
11-38
11-15
*
•
$4, conv. preferre<| (quar.)—-4.-^-—+..
51
Higbee* Company com: (quar,)-^——12%c
,
'!
: 10-15
v
9-30
•::9-3o
4
9-20
9-20
50c
(quar.)_
Hercules Powder Co.
.
1
11- 9
.
(quar.)
10-21
6%
v
Hendey Machine $2 class A (quar.)—--.;
5% pfd. (quar.) —
11-7
v
9-20
10-
Trust
(quar.)
(quar.)„
Hartford Steam Boiler Inspection •.&
Insurance (quar.)
;
Hatfield-Campbell Creek Coal Co.—
5% non-cum. partic. pfd. (quar.j
Haverhill Electric Co. (irreg.)
Haverhill Gas Light Co.
(quar.)
Hecht & Company com. (quar.)-
2
pfd. (quar.)_.
:
9-20
9-30
10-15
11-25
11- 1
.
preferred
11-15
pfd. (quar.)
10-18
9-24
8%c
Light Co.
12-
California-Oregon Power, 7%
10- 1
11-1
Trust
preferred
Company com.
25c
Byers (A. M.) Company, 7%
10- 4
•
Harris Manufacturing Co.—
Conv. Class A (quar.)
25c
(quar.).
^y",3Y»% preferred (quar.)
V ' 3%%
conv. 2nd preferred (quar.
+ Butler
Manufacturing, 6% preferred (quar.)
9-24
10- 1
10- 1
10-21
55c
Investment
Investment
Shares
-
9-23
10-15
$$1.75
——__...
preferred
9-18
9-18
50c
Rail
".j.j - Extra v.-'—
4%
9-30
•
(accum.)
Utilities
Burlington Mills Corp. (quar.)—.........
r
9-23
9-24
$1.50
10- 1
15c
10- 1
|$1.75
10-15
$1 ,10- 1
i:H$2-r 10- 1
30c
10-14
25c
10- 1
3iy4c
10- 1
5c
10- 1
V '10c
9-28
Preferred
9-18
$2
$1.50
(quar.)
9-30
10-25
10- 1
10- 1
11-1
62V2c
(quar.)____
Co.
preferred
9-28
40c
40c
Y.)
9-30
10-10
—
10-10
25%
(quar.)
(N.
10-10
'
——
Inc.—>
(quar.)—
7% pfd. (quar.)
10-21
10- 1
1
10-10
-
(Hartford)
'S* 9-18
1
10-1O
9-20
10-25
—
1
10-
10^26
10- 1
9-20
10-25
10- 1
Co. Ltd. $7 pref.
Investment
Guardian
10-10
.
10-
9-30
(Hartford)—
10-19
60c
10-15
9-25
30c
Die
&
Participating
10-
40C
10-16
$1.12l/z
62V2C
Co.
Tap
Guardian
10-
1
11- 1
10-15
10- 1
10- 1
91c
com
—
11-
9-30
5
9-24
15c
j
Gro-Cord Rubber
9-18
10-10
5
10-
15c
Inc.
(Daniel)
Extra
9-24
$2
10-
(Texas)—
^
Great Lakes Power
$1.50
...
Ltd.
Oil
(quar.)-
preferied (quar.)
(Robert H.) 6% pfd.
Graupner
Brush-Moore Newspapers,
6%
pfd.
B
1st
1
9-19
11- 1
25c
preferred (quar.)—
<fc Belyea
Class A
Class
9-27
9-27
10- 1
9-30
25c
(quar.)
Brothers, Inc.
$4.50
Gordon
2
7
9-27
10-15
37V2C
t Ur *4'
55c
31-
33V2C
pfd
conv.
Brewing Corp.
75c
35c
(quar.)
(stock- dividend)
Gas
3
1
10- 1
11-20
$1.50
75c
.-
Co.. (quar.)
Co.
American
43%c
(quar.)......
—
Bronx County Trust
;
1
10-
12-
25c
Steel
Greenfield
2
10-
$2
Greenwich Gas Company com
10-
1
10c
———
(quar.)
9-25
12-
10- 7
11-
9-21
$3.50
< 75c
(s-a)
9-30
10-
10-18
12-16
11- 1
9-26
15c
1
t25c
11- 4
9-10
Inc.—-
10-15
$1.50
10-15
General MW,
10-11
10-31
10-15
10- 1
1C- 1
11- 1
37V2C
5c
10-15
1
10-15
(increased quar.)
General Finance Corp. com. (quar.)
4% prT«&Jh$d series C (initial)
9-24
9-30
1
9-25
11- 1
50c
conv.
General
9-20
11-
10-15
11-
10-10
$1
$1.50
General Baking Co.
9-20
10-
9-30
10-15
75c
(quar.)__
Special
9-16
10-
9-30
t50c
Depot
Galveston-Houston
10-25
10-
100%
(quar.
Corp!
Pressed
Co., Ltd.
Gardner-Denver
6%
10-10
10-19
11- 1
11-1
$1.50
(quar.)
common
% $1.25 partic. pfd.
Brandtjen & Kluge, Inc. (quar.)..—
Brazilian Traction Light & Power, Ltd. (s-a)
Brewer (C.) & Co..
,
mem—
1
12-
50c
Birmingham Fire-insurance (quar.)—
(quar.)
in the Richmond and Chicago Districts, $34,000,000 in the
*St. Louis District, and $182,000,000 at all;reporting
5
10-
50c
preferred (quar.)
(N. Y.)—
Biddeford & Saco Water
'
I
10-
30- 5
25c
(San
Company, common
preferred (quar.)
Fuller (George A.) Co. 4%
4
*.2-14
10-15
$1.50
-
!
10-
1
12-23
56V4C
Boston Edison Company
Government
Chicago District, and $57,000,000 at all
^
11-
9-20
10-21
10-25
50c
15c
J25c
67c
9-25
10-11
37%c
;
—
was
$32,000,000 In Hew York City, $15,000,-
porting member banks.
9-21
1
9-30
10-21
20c
conv.
Buckerfield's
bonds increased
10-
683/4c
Associates, common (quar.)——
preferred (quar,)______
prior pfd. (quar.)
$6 1st preferred (quar.)
——
2 Bell Telephone Co. of Pennsylvania
Beverly Gas & Electric (irreg.)
7%
Holdings of Treasury certificates of indebtedness
the
9-23
9-30
9-16
1
10-10
Cement—
Union
Street
Gimbel
Bridgeport Hydraulic Co.
City and $229,000,000 at all reporting member
and
Fraser
$2
Beaux-Arts Apartments $3
Holdings of Treasury bills increased $141,000,000 in
districts
Fostoria
4
$2.50
(quar.)
Beacon
$79,000,000.
all
1
10-
20c
Paper, Ltd.: CI. A' (quar.)
Bayuk Cigars {stock dividend
declined $36,000,000 in the Cleveland District and a total
in
11-
10-31
50c
Bathurst Power' &
r
porting member banks; other lpans for the same purpose
declined
11-30
Bankers Commercial Corp.
$38,000,000 in New York City and $40,000,000 at all re¬
banks.
Fort
$1.50
$2.25 conv. preferred (quar.)
Baldwin Company,
i
Hew York
2
$1
Badger Paint & Hardware (quar.)
in¬
$56,000,000 in New York City, $30,000,000 in the Chicago
of
2
12-
General
(quar.).!
$1.50 preferred
Babcock
districts,
10-14
12-
$3
Corp., common (quar.),—.
Aviation Corp.,
Ins,
Portland
12-16
$1.12%
(s-a)
preferred
Light Corp.
Gas
Fund
partic. preferred (accum.K
Forbes & Wallace, $3 Class A ($u*r.)
Fort Pitt Brewing Co. i
1-2-47
$2
t
preferred (quar.).
Automobile Banking (Phila.)—
in de¬
loans
agricultural
1
1
1
75c
Frick
5% 7c
Increases of $158,000,000 in commercial,
and
11-
10-
$1.25
10%
7%
Coast Line RR.—
Auto Finance
following principal changes for the week
industrial,
10-14
25c
non-cum.
Attleboro
mand deposits adjusted.
;
Florida
1
(Indianapolis)—
preferred
Atlantic
in 101 leading
industrial, and agricultural loans and $182,000,000
10-21
11-
10c
(quar.)
6% preferred (s-a)
Arlington Mills
(quar.)..
Arrow-Hart & Hegeman Electric Co
Atchison Topeka & Sante Fc Ry. Co
Atlantic City Sewerage (quar.)
ation, are given herewith:
kanks
10-31
*
1010-
-
Corp.—
Electric
preferred (quar.)
Fleming-Hall Tobacco Co.,
67c
preferred (quar.)
50c
Arcade Cotton Mills,
Comparative figures for preceding weeks, which could
mot be accommodated earlier because of the paper situ*
& Alloys
Flambeau Paper Co.,
$1.75
....
(quar.)..
(quar.)
pfd.
10-21
Appalachian Electric Power—„
Comparative Figures for Previous Weeks
pfd.
(quar.)
Fran.)
10-31
9-30
10-15
$1.50
87'/2C
6%
Mich.)—
(quar.)
(quar.)
Fireman's
10-24*
9-20
$1.05
Supply
Light
Fibre Conduit (quar.)
Fibreboard Products prior
11-15
10- 1
10-15
9-30
20c
&
Refractories
River
9-20
9-20
15c
50c
17c
preferred (s-a)
Electrographic Corp. (siock dividend)
Elgin Sweeper Co.—
$2 partic. prior pref. (quar.)
Emerson Radio & Phonograph Corp. (quar.)
Esmond Mills, Ltd., 5% pfd. (quar.)
10-15
1
17'/2C
Metals
$4.20 pfd.
1
10-
t37J/2C
7V2C
t20c
Corporation
50c
& Cable
Wire
(quar.)
(quar.)
1st preferred (quar.)
Electric Bohd & Share $3.50
11-15
30c
Quarterly
Steamship
Anaconda
:
Co.
Ins.
American
——17,604
-
...
States
10-
30c
preferred (quar.)——.
Spring and Mfg. (Holly,
Irregular
10-18
1
1
4
50c
G%
$1.50
(resumed)
common
non-cum.
American
110
10-10
11-
50c
preferred
American Smelting & Refining
deposit accounts except
U.
S.
Gov't
accounts,
demand
to
6%
10-15
200%
(stock dividend)...
(increased)
Common
1
10-
Massachusetts Street Ry. Co.—
Eastern
50c
(quar.)
■
American Ice Co.,
—4,197
104
.
750
+ 1,135
31
■;
.
Domestic
+
-'9;
+ '
>•"+'
L. 8. Government deposits-—
10-10
10-
1
10- 4
$1
f20c
$75C
Telephone
Doyle Manufacturing Corp., 80c pld. (quar.)
Dravo Corp., 4% preferred (quar.)
Fall
9-20
10-
5c
Douglas & Lomason, new common (initial)__
Dover
Industries, Ltd
75c
(quar.)—
American Home Products
8
9-20
10-
9-20
14c
(W. S.) Clay Mfg. Cc. (initial)
Fabrics, Ltd. com. (quar.)
25c
Extra
Liabilities—
10-
62 '/2C
Inc., common
$2.50 preferred (quar.)
American Box Board Co. (quar.)
American
10-25
20c
Alliance Ware,
American
+
2,213
banks————
170
141,
All Penn Oil & Gas
2,440
+
+
617
+
86
9-25
10c
Co., Inc. (quar.)
Electric Appliance Corp
Air-Way
58
+
10,342
Banks
—————
—4,486
Reduction
9-25
10-25
2 V2C
Special
10-21
25c
Fund
Affiliated
+
3,517
2V2C
75c
408
Air
Holders
When
Payable of Rec.
9-24
75c
25c
Gasket & Manufacturing
Eastern
9-24
1
10-10
10- 1
15c
25c
933/4c
Company
preference
2
9-30
30c
(quar.)
57c
Share
7iame of Company
575
+
—
(Toronto)
10-
10-15
50c
t$5
pfd. (quar.)
Manufacturing (quar.)..
Dazey Corporation, 5% conv. pid. (initial)__
Manufacturing Co
Ducommun
10-
65c
(quar.)
Decker
Common
Per
18
$1.50
16%c
13V3C
J
common
9-25
10- 4
2
50c
preferred (initial)
Dana Corporation, new common (initial)
3%% preferred A (initial quar.)
(Formerly Spicer Mtg. Corp.)
1st
10-15
10- 1
10- 1
10- 1
9-30
10-10
10-10
10-25
10-15
$1.50
4V2%
preference
1
$1.75
(qyar.)__
Mills, common (initial)
State
11-
9-23
1
$1
25c
(quar.)
Cottrell (C. B.) & Sens, G%
&
11-
25c
preferred
Dan River
9-19
'
100%
1st pld. (initial)
Crown Life Insurance
9-27
9-20
10- 1
10- 1
$3.50
(initial)
Creamery Package
9-18
10-10
35c
(quar.)
Co., com.
Products Refiinng,
9-20
10-15
50c
Rendering Co.
preferred
Electro
The dividends announced this week are:
—2,494
5
121
—
.
Other
are
26
—
Co.
9-28
9-27
10- 1
10- 1
25c
(s-a)
G'io
344
13
+
2.043
bills
—
Treasury certificates of indebtedness—— 7,726
'Treasury notes———————*.—. 4,787
"U. 8. bonds (Including guaranteed
27,207
Obligations). —
'
+
+
•?)15
'96
Treasury
257
19
+
1,405
Real estate loans-—.
Loans to banks——w—.——
—
(quar.)
Car Heating Co., Inc. (quar.)..
2nd
declared.
425
————
334
—
60
4+
535
—
9
1,078
,
'-Other-'loans——————.
r
57
.+
543
securities^-.-!.—
m Othe loans for purchasing or carrying:
U. S. Government obligations
Other
851
—
50c
I2V2C
(quar.)
10-11®
10-15
9-27
10- 3
30-17
20c
Dominion
grouped in two separate tables. In the
first we bring together all the dividends announced the
current week.
Then we follow with a second table in
which we show the dividends previously announced, but
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
and Investment News Department" in the week when
Dividends
'1945
1946
1946
50c
...
25c
Consolidated Dry Goods
Detroit
DIVIDENDS
Increase (+) or
Decrease (—)
Y.)
(N.
<
10c
Consolidated Machine Tool, $6 1st pfd. (quar.)
Dickey
Sept. 18, Sept. 11,
11- 1
10-30
10- 1
10^ 1
10- 1
11- 1
;
9-20
Compo Shoe Machinery (stock dividend)
Conde Nast Publications new com. (initial).
Consolidated
1
12-11
9-30
40c
$2
433/4c
$1.12V2
25c
(quar.)
Yards
Edison
Commonwealth
9-28
10-
10-10
1-1-47
Incorporated..
Mills,
Diamond
(In millions of dollars)
9-16
9-28
(Dan)'(quar.)
Columbia
9-30
9-23
10- 1
10- 1>
Brewing
Stock
Union
Trust Co.
Clinton
Cohen
Deere
(San Francisco District)
♦Sept. 4 figures revised
Y.)
Hobbir.g Machine
Cleveland
10-10
9-30
Cleveland Builders Supply Co
Corn
Demand
(N.
Chicago Allerton Hotel
Cleveland
9-24
10- 1
Co
Bank
National
Chase
1
9-24
50c
common
(quar.)
Transit
Chicago Ry. Equipment, 7% pfd. (quar.)...
Chillicothe Paper, 4preferred (quar.)—
Cincinnati Advertising Products (quar.)
Clarostat Manufacturing Co., Inc
2nd
liabilities of reporting
of the assets and
summary
vault
+
+
9
4Vz%
Charleston
Liabilities—
reporting member banks.
A
+
10,201
Banks
Federal Reserve
with
+
preferred B
preferred C
Certain-teed Products,
10- 7
11-
43%c
37Vzc
37J/2C
' 15c
$1.12^
States Electric,
6Vo
9-10
$2.50
(quar.)
7% pfd. A (accum.)
(accum.)—.
(accum.)
Central
Converse Rubber, 5%
$104,000,-
$106,000,000 in New York City and
+
3,431
securities
in
Cash
Deposits credited to domestic banks
$31,000,000.
27,149
obligations)
Balances
—,
V;.
299
32
..y;
.
—
42
29
+
+
Reserve
in the other
increased
&
—
—
Other
six; the principal changeswere increases of $82,000,000 in New York City, $43,000,000 in the Boston District, and $36,000,000 in the Cleve¬
land District.
United States Government deposits in¬
creased
..
bills—.——
810
certificates of indebtedness
7,847
Treasury - notes-J———
...—4,789 s
U. S, bonds (Including guaranteed
'
of $86,000,000.
deposits adjusted increased in six districts
decreased
+
,
111
2,030
*—
loans—
—
79
8
—
534
268
—
,
Treasury
City and a total
and
1,386
—
Treasury
Increased $51:000,000 in the Chicago District and $58,S 000,000 at all reporting member banks. Holdings of.
"'other securities" increased $70,000,000 in New York
Demand
banks.
to
Loans
—
i
loans
estate
Other
—
—
1,138
428
40
18
—
purchasing or carrying:
obligations
securities——
Other
Real
+2,670
794
534
Government
S,
158
pur¬
securities
Other loans for
U.
lor
carrying:
obligations
or
"
a
dealers
and
Government
S.
Other
City, $16,000,000 in the
total of $60,000,000.
Holdings of Treasury certificates pf indebtedness de¬
clined $70,000,000 in New York City, $27,000,000 in the
Chicago District, and $121,000,000 at all reporting mem¬
ber banks. Holdings of United States Government bonds
$20,000,000 in New York
clined
Chicago District,
*
brokers
to
+
+
agricultural
industrial, and
—
—2,630
+2,503
8,765
Loans—total
Commercial,
116
9
+
,
preferred (quai.)
Carrier Corp..
G%
•'
......
59,212
15,186
investments—total
and
Loans
1945
1946
....
'
10-10
' 11-1
0-21
tlOc
11- 1
J15c
11-15.
20c
9-30
$1.25
9-30
$1.25
10-21
50c w 10-15
< quar.)—..——.
(quar.)
(quar.j
Case Lockwood & Brainard Co.
Sept. 12,
Sept. 4,
1946
add dealers for
other loans for the same
banks:
member
'
..
50c
15c
-
Carey (Philip) Manufacturing, com. (initial)
5% preferred (quar.)..;
—
Carolina Clinchfield & Ohio By. (quar.)—
Decrease (—) Since
.
purchasing or carrying
States Government obligations increased $56,in New York City and $57,000,000 at all reporting
Loans to brokers
.
Share Payable of Rec.
-
Canadian Oil Cos., Ltd.
1
> /
~
of Company
Camp Manufacturing Co.
Canadian Investors Corp.
Increase (+) or
'h:
Commercial, industrial, and agricultural loans in¬
creased in all districts, the principal increases being $51,000,000 in New York City, $25,000,000 in the San Fran¬
cisco District, and $24,000,000 in the Chicago District.
deposits adjusted. Y:
mand
'
de¬
agricultural loans and $148,000,000 in
Industrial, and
Name
Camden Fire Insurance Associates (s-a).
Holders
When
/■Per
in¬
banks increased
The condition
banks
deposits
deposits credited to domestic
$54,000,000, and
creased
Government
States
United
banks.
ber
Banks
Condition Statement of Member
5%
.
pfd.
(quar.)
$1-25
—
Telegraph Co. (Ft. Wayne,
(quar.)
—.
ri.
Horn At Hardardt Co. (N. Y.)
«
Illinois Lock Co.
——
- 15c
;
9-27
9-26
10- 8
9-23
11- 4
10-25
10-25
11-15
10-15
10-1
11-1
10-15
Home Telephone &
,
Ind.). common
f,*.
9-30
;
9-25
10-11
1
«.
10-
«
f
- -9-18
i
'
^
yolume'' 164: Number 4529 H
I i*-
COMMERCIAL & "FINANCIAL CHRONICLE
-
A
yiuM-
_r
;
Name of
Illinois
Compdnjf ■'u ■;7$77.7;77 :.\, -7.
Power
Dividend
Co.—
arrears
•,-+*..
certificates
Imperial. Life;; Assurance
Quarterly
Per
Security
Service
Johnson
Stephens
Jonas
Naumberg
&
Co.
(quar.):
1
9-20
9-30
9-30
9-16
9-30
9-16
,
A 9-20
•
9-16
10-
1
9-16
Southern
10-
1
9-16
Southern
624c
10-31
10-15
15c
ill- 1
(initial
9-30
20c /
10-
10-15
10-
11- 1
10-16
8
'
$25c
v
Lee
Rubber & Tire
Leich (Charles) & Co.
Life Insurance Co. of
10-15
(quar.)
11- 1
10-15
56'Ac
25c
10-
•
1
50c
—*
.
7%
9
44%
Steel
;-50c
10-28
i: 10-
1
50c
$2
u-
$1
—
1
11-
3
9-30
Maiden
Electric
Co.
Bond
Terre Haute
,9-26
Extra
10-10
9c
Oil
Exploration
di
7
9-27
10-
10-15
i
29c
10-15
-j
5
3
7c
10-17
10-
(quar.)
-U-—
Light Associates—
$2 preferred, (accum.)—
McCall Corporation (increased
quar.)
50c
10-31
75c
11-
1
14c
10-
1
9-24
&
Co.
—
McLellan
Stores
Mid-West
Co.
Abrasive
prefrered
10-15
Co
1
1
1
15c
25c
—
Extra
Porcupine Mines, Ltd. (interim)
Monroe Loan Society, com.. Class A
(quar.)Montana. Power, $6 preferred
(quar.)
i—
Plan
Diablo
Bank
of
Oil
New
Haven
10-
"
1
10-
<
15c
Moneta
1
$2c
10-15
11-
$1.50
$1.25
:
9-30
10-10
9-20
lc
Narragansett
National
New
Power
Electric,
Distillers
common
Extra
Co.
(quar.)
44%
(initial)
&
New England
New England
New
York
Niagara
Fire
Telephone
Fire
Norfolk
&
Western
Y.)
Railway
Texas
Northern
Company
Corp.,
Y.)
common
-6%
•
w
(quar.)
Power
preferred
;7%
Northern
Indiana
Co.
(Del.)
10-
1
10-15
1
10-15
-'10-14
9-30
$1.25
Match
Water
Gear
Co.
—
10-19
$1.75
10-19
9-30
$1.25
10-14
i
9-30
9-25
10-3
9-26
3
10-15
75c
10-15
9-25
30c
9-30
40c
10-
$4
preferred
(quar.)
$1,124
._
9-15
(quar.)—
10- 1
10-
Street
(interim)
Portland
Cement
1
10-1
25c
10- 1
75c
9-30
(quar.)
Pantex
Manufacturing
Park Chemical Co.,
Parke,
Davis
5%
11-15 "
Machine
(quar.)
(quar.)
Corp.
conv.
pfd.
(quar.)
50c
10-15
10-
1
9-24
24c
10-
1
9-23
40c
1
50c
Petroleum, 7% preferred
Pittsburgh Thrift Corp..Prentice
Fuel
(G. E.)
Extra
1
10-15*
1
10-15
50c
JS
9-24
9-30
9-18
1
10-10
10-1
9-25
11-
20c
1
9-25
9-19
1
9-17
10-
$1.25
10-
1
9-25
$1,124
10-
1
9-20
11- 1
20c
$1.50
10-15
9-30
$$1.75
9-26
'
9-30
9-26
10c
10-31
10-16
10-31
10-16
Co.
Co.
10-15
10r 1
10-15
10-
1
10-5
10-15
Alnsworth
10-18
Airline
25c
10-
10»
1
50c
11- 1
10-21
50c
11-1
10-15
,
(quar.)
(quar.)
11-
1
.'
10-10
11- 1
10-15
11-
10-15
1
5c
10-10
25c
10-15
10-
1
10- 5
—75C
10-15
10- 5
15c
10-15
10- 4
10-15
10- 4
10-25
10-10
(quar.)-..71777
Buss Building Co., 6% preferred (accum.)—
Croix Paper
St.
Joseph
Co. (quar.)
Light St Power Co.—-
U $1.15
;
,35c
Bearing
Akron
:
5%
class
Co..
Corp.,
preferred
Alabama
Fuel & Iron
Alabama
Power
Electric
&
10-15
9-30
Aluminum
25c
10-15
9-30
Sangamo Co., Ltd. .(quar,)-,—. $50c
9-27
Schenley Distillers (quar.)—L—.
50c J 11- 9
10-19
..
Electric
Co
Securities Investment
preferred
Co.,of St. Louis, com.; '
(quar.)_!
.
25c
——
—
-
' 50c
"
$1.25
,11- 1
*
9-25
10+
9
Allied
9- 1
9-30
12-
2
10-31
75c
8tores
10-
1
9-16
10- 1
8%c
;
9-20
10- 5
9-20
10-
1
9-25
134c
10-
1
9-25
10-
9-14
20c
10-
9-13
$1.05
$3
10-
9-13
10-
9-
20c
124 c
44%
Co.
of
preferred
Aluminum
Ltd.,
Goods
9
$1.75
10-
9-20
$1.50
30c
10-
9-21
10-
9-10
$1,064
10-
9-10
9-30
.
"8-10
9-30
9-20
9-30
40C
25c
r
9-20
24C
6%
6%
preferred
i
:19-25
Amalgamated
Leather
10-
1
9-25
Amalgamated
Sugar
Cos.
Co.
0%
(quar.)
10-
(quar.)
1
9-17
10-21
9-10
9-19
12- 6
10-
1
9-10
10-
1
9- 3
10-
•
1
9-
3
9-30
8-*8
10-15
9-10
10-15
25c
10-
15c
10-15
50C
10-
9-20
.
9-16
1
'
9-14
1
9-
5
9-
5
'
15c
9-30
'
7
9-21
'
35C
10-
1
$1.75
10-
2
$1.25
Telegraph
7
10-1
$1.50
$2.25
(quar.)—
>
9t
10-15
10-15
7
9- 0*
3-30
.
;
9-13
Bottle—
i
5340
$1.50
Tobacco Co.,
1010-
1
9-20
30o
American
American
10-1
$1.50
(initial quar.)
6% pfd. (quar.)
preferred
9-19*
1
25C
-
10-
1
7 9-16
9-20
9-10
1
Water Works & Electric—
preferred (quar.)
Wringer Co. (increased)
—
American
4%
$1
10-1
9-20
$lJ5
11-1
10-11
preferred (initial quar.)
conv.
American Zinc Lead
& Smelting Co^rpreferred (quar.)
Anaconda
Copper Mining
Anchor Hocking Glass, common
$4 preferred (quar.)
$5
conv.
prior
50C
i 30c
$1
44%
$1.50
Arcade
Mills
Cotton
Arizona Edison
Co.,
Natural Gas,
Oil,
v
IF w«.
6%
common
-r
preferred
Arkansas
Gas
&
•
-
Armstrong
B
4%%
1
9-25
1
9-18
15c
—
124c
15c
9-14
9-10
9-30
9-30
1
10-
1
9-14
9-30
'9-15
20c
(accum.)
9-15
9-16
10-
10-
$1.50
__
1
10-
9-14
9-21
9-10
9-16
25C
1010-
9-16
59%c
10-
9-10
50c
A
10-
9-20
(increased)
(quar.)
Construction
25c
(quar.)
Ltd. (quar.)
9-20
10-
$20c
Ashdown
(J. H.)
Hardware Ltd.—
A
Electric
Associates
9-15
9-30
9-15
,
$15c
(quar.)
American
f 9-30
110c
Corp.,
Extra
Class
9-20
1
9-30
10-
$1.75
Arundel Corporation
Asbestos
9-30
$1.50
-
12 4c
ioia«
preferred
convertible
9-27
1010-
25C
Rubber, class
(Increased)
Metal
10-10
$1.25
—
"
Company—
prior preferred
1-21
9-16
$1.75
(special)
convertible
$6
(quar.)
(quar.)
(quar.)
Co
Archer-Daniels-Midland
Armour
10-22
25c
(quar.)_t
Western
'11- 1
10c
—
preferred-
iquar.)——i,———
& Light, $7 pfd. (quar.)—
Power
A
3
5
9-23
9-30
$1
preferred
preferred
$5
Fuel
preferred
9-
10-
53c
—
(quar.)
Arkansas
6%
i
1
$1.60 1-31-47
;>
(quar.)
preferred
9-30
10-15
10-
Inc.—
Post Products.
prior preferred
(quar.)
prior preferred (quar.)—.
Anderson Prichard Oil Corp.—
6%
8%
1
9-10
10-14
9-19
10-
Industries, Ltd.—
5%
deposit rets, (interim),,^.
Investment
Co.
(quar.)
50c
9-30
9-12
Associated Telephone Co., Ltd.—
44%
Atlantic
preferred
(quar.)......$2240
Greyhound, 4%
pfd.
10-15
11-
9-14
$1
10-
$1
11-
1
10- 4
90c
(quar.)
t25C
12-
9-13*
1
:'r.
11-
1
10-
5640
10-30
20c
TO- I
75c
5C*
:
10-
1
10-
1
'
.
;
-
■■
di
10-16
11-
1
10-
1
9-14
-
30c
10-21
11-
$35
11-
$15c
10-
Products—
Fabric
Participating Class A (initial)
(stock dividend)—•>
share of 5% convertible preferred C
for each
15
shares of common stock
1
9-14
Autocar Company
One
10-17
Automobile
Insuranr.fi
Avondale
Co.
Mills
common
pfd. (quar.)
9-16
7
1
9i
10-
1
9-20
6c
10-
1
25c
w
(monthly).
0-14
6c
....
11-
1
10-15
6c
Monthly ,J.
Monthly
$4.50 preferred
0-17
10-
374c
(quar.)„—
Monthly
9-16
9-16*
9-l«
$50c
prior preference (quar.)
$5 class A (payment clears all arrears)..
Auto
4
9-30
174c
Convertible
9-10
1
11-29
.
Austin Nichols & Co.—
Avery (B. P.) & Son, 6%
$$1.50
i
preferred A (quar.)
3.60% preferred B (quar.)
Atlas Imperial Diesel Engine—• , j-v
Series A preferred
(initial quar.)
Atlas Steels, Ltd. (Increased quar.)
;
Atlas Thrift Plan, 7% preferred (quar.)
convertible
4%
9-25
9-30
10-
commohLZ.
pfd.
0-14
$1.50
(quar.)
—-—
'Manufacturing.
10-
9-20
1
$1
—!
(quar.)__—
1
10-
40c
(quar.)—
America,
10-
25c
(quar.)_„
pfd.
Aluminum Co. of Canada, Ltd.—
Aluminium,
&
1
5*
12-16
$1,124,;
5
(quar.)
Thermos
10-
100
:
•
—
9-
Atlantic Refining Co.—
(quar.)
Corp. (quar.)
Corp., 4% preferred
(quar.)
9- 0*
-
9-30
$1.50
(quar.)
Telephone
Associated
Products
4%
7
150
Equipment
20c
Scranton
9-
1
$45c
Laboratories
Allls-Chalmers Mfg..Co.
—
10-
5C
Allied
<quar.)_
9- 7
9-12
10-
$1.25
(quar.)
pfd. (quar.)
(s-a)
—
pfd. (accum.)_
Albers Super Markets (quar.)
Alden's, Inc., common (quar.)___
44%
preferred (quar.)
Allegheny Ludlum Steel
Allemanla Fire Insurance (Pgh.) (quar.)—
Allied
1
10- 1
30c
(quar.)
A
10-15
11- 1
40c
Ar,n
(quar.)
9-20
common
preferred
American
American
10-
40C
>
7% pfd. (quar.)
Telephone Co. (Abilene, Kansas)—
American
Art
Co., 4.20%
10- 5
Diego Gas & Electric;
5%
preferred
(quar.)
1340
Alabama & Vicksburg Ry. Co.
Albermarle Paper Mfg., 7%
Allen
9-20
$2.50
10-1
San
10-10
35c
(s-a)
10-1$
.
(quar.)
9-14
preferred (quar.)
RR. Co.—
conv.
10-
Canton & Youngstown
$1
—
A
9-20
9-30
common..
$125
preferred
10- 1
20C
Stores
Manufacturing Corp.
Foods
54%
I
10-12
Ahlberg
10-17
10-12
12 4 c
—
11-14
124 c
(quar.)
9-13
Insurance
Shoe
9-10
—
Co., common (quar.).,
6% preferred (quar.)„
American Stamping Co.
(quar.)
American Stores
Co.
(increased)
Arkansas
P-IO
Quai^erly ::^l——-l—--r-. '•
11-6
11-25
6
1
(quar.)
Agricultural Ins. Co. of Watertown, N. Y.)—
11- 1
+25C
9-
Hi 9- 6
9-30
Co.
Agnew-Surpass
4l«4c
Extra
St.
Life
9-24
Royal Typewriter Co., common—
preferred
Insurance
9-10
1
Co.
Arkansas
9-30
9-30
10-15
624c
Aetna
Aetna
50c
(quar.)
of Rio
Payable
$1.31'/4
(quar.)
Co. (Hartford)—
Surety
'9-30
7 $1.25
Light, $5 pfd. (accum.)_
common
Class
9-30
(quar.)„
$1.31-4
Rhode Island Public Service, class A
(quar.)
' " $1
$2 preferred (quar.) L—' 50c'
&
10-10
10-
Holdert
Wnen
50c
preferred
&
*:• 9-38
$1.75
(accum.)——
pfd.
9-16
10-15
15c
Safety Razor(initial quar.-)^—.w.———
$6
(increased)
10-7
(interim)—^
Company, $2 pfd. A
Corp.
(extra)
Copper & Brass, 5(4% pfd.
W.)
Casualty
Quarterly
8-30
20C
Rolling Mill, 44%
$6
EOC
(C. A.)
(H.
Aetna
10-1
American Yarn & Process—
t25c
$1
«■.
Rochester Button
1
Power &
10-15
10-
1
8-36
10-
Snuff
9-25
1
10-
1
974c
:
Co., 7% pfd. (quar.)
Optical Co.
(quar.)
American
10-15
10-
10-
10-
(quar.)
10-15
Corp.—
convertible
Co.
11-
45c
(quar.)
(quar.)
Aetna Standard Engineering, 5% pfd. (quar.)
Eeed-Prentice
Rickel
1
10-
55c
10-15
10-
Seal-Kap Corp
6c
9-14*
35c
American
'
9-11
$1.75
Co
American
1
9-20
■
10-15
314c
.i—--——L
American
New
;
4
10c
-
common
(quar.)
10-31
30c
—
12(4c
Beading Company
(quar.)———-—.
Bed Top Brewing, class A_
Revere
10-10
11-
—
Colorado
B
9-20
11- 1
Quebec Power Company (quar.)
Cjiass
9-28
$1.10
Manufacturing Co. (quar.)_
of
Aeronca
10-
9
25c
——
9-25
15c
Addressograph-Multigraph Corp.
174c
-.
Service
11-18
10-21
10-
20c
$1.50
$1.50
Products
Metal
preferred
5%
(quar.)
1
Aircraft
preferred
American Screw
174c
(quar.)
2
10-
25c
American Radiator & Standard Sanitary, com.
10- 7
10-
$1
11-
"
$6
9-20
10-21
$2
Share
12-
9-20
(s-a).
Angerman Company
Apex Electric Manufacturing, 7%
Appollo Steel Co. (quar.)
Inc.
9-20
10-
(monthly)L-.;
(quar.)
Co.,
American
11-
934C
Manufacturing
9-
10-
$1.50
$1.50
(quar.)
Locomotive
American
10-15*
934c
(final)
Stores,
(J|. D.)
10-
124c
7% preferred (quar.) ——**
American Machine & Foundry—
-
9-26
1
25c
Hat
Adams
9-25
(quar.)—
American Sugar Refining Co..
—
10-
Investment Co. of Illinois—
preferred
9-26
9-28
11-
Corp.—
Sugar Refineries, Ltd.—
preferential partic. (quar.)
Company, 5'/4% pfd. (quar.)
9-30
25c
—-
News
Machine—
15c
—
Public
Adam
9-27
Co.
9-23
?
Ice, 6% non-cum. preferred
preferred—:
Insurance
'
"
11-30
10-15
$1,184
Corp.
American
25c
-
50c
(s-a)
Co
Proprietary Mills, Ltd.
10-14
7
A
1
12-14
(quar.)
9-26
9-28
124 c
50c
Stock
10-
9-28
1
$2
(quar.)_.—_——
Pioneer
Pocahontas
10-
Class
9-23
25c
.
Products
Molasses
Acadia-Atlantic
Acme
1
$1.50
(quar.)
American
give the dividends announced In previous
preferred
10-
9-25
ht
50c
—
Co
Fay Company (increased)
Pharis Tire &
Rubber, new common (initial)
Philadelphia Electric Co.—
preferred
10-31
$1
Perry
4.40 %
4%
9-23
10- 1
(quar.)-
(increased quar.)
9-26
1
25c
80c
com.
1
10-
$1,124
•,
Electric—
&
Home
3.90%
.
9-24
10-
75C
cum.
5%
9-30
$1.50
•
25C
Company
10-15
25c
(quar.)
Abbott Laboratories
9-30
374c
—
.
Gear
&
9-20
$1.25
$1,124
Manufacturing
Per
10-19
9-20
Machine & Metals (quar.)
—
we
4
10-
American
15C
Products
9-
10c
American
_•
Chlorine
4
10-
American
-—
preferred
9-
124c
9-25
25c
&
9-17
10-
10-31
Corp.—
Foundry
10-
25c
&
preferred
American
10-15
11-30
10-
50c
Invest.
9-17
$1,124
$2.50
9-24
1
9-10
10-
10-
.
Hardware
American
9-20
preceding table.
10-29
10-
30c
1
Extra
Patchogue-Plymouth Mills
Peabody Coal Co., G% preferred (accum.)
Perkins
10-
$1
Co
&
$1.25
9-14
.
Extra./^LLit-LL.L-.
0-17 K
,
2nd
American
6%
9-18
(quar.)
Sugar
(UKial)
frame of
.)
9-25
684c
(quar.)
B
preferred
American
9-18
534c
Gas
American
.
10-4
10-
44%
$6
10-22
10-15
25C
weeks and not yet paid.
The list tooes not include divi¬
dends announced this week, these being given in the
Co.—
64% preferred (accum.)
Panama Coca-Cola
Bottling
1
9-30
(quar.)
Hoe, common
Fork
American
:
9-15
9-25
11-22
tic
+1"
$1.50
—
—
Company
Farm
Baking— •
participating preferred
10-
50c
American Hair & Felt Co., common
6% 1st preferred (quar,)
!—
9-25
10- 1
$1.75
rv-
9-15
1
10-1
25c
10-15
1
9-20*
$1.50
Express Co. (quar.)^.—
Co., cbmmon (quar.)____.
American
10-10
10-1
9-17
10-31
10-
$1.25
9-12*
9-2Q*
10- 1
A
(quar.)
..'American Fruit Growers (quar.)
9-24
10-25
25c
9-20
1
1
2
Pa.)—
preferred
Anchor
9-16
(irreg.)
(quar.)
1010-
$1.75
(quar.)
preferred
44%
9-20
0-30
6%
10- 1
9-27
10-
5c
Pictures. Co. Jauar.)
Below
9-30
—
Felt
American
9-26
30c
50c
preferred
Extra
(Milw.)-
Company!
$5 class A
Pacific
5%
9-30
9-30
■a
9-13
$1.75
$3
(quar.)
common
Extra
,>
Service—
Insurance
Service
convertible
Orchard
5%
9rl4
—_
$1.50
.)
7%
10-5
^
Corporation—
44%
Beed
10-15
10- 1
—
9-24
1
11-
$1.25
Ohio
Oliver
11-20
11-
25c
10c
Commonwealth Corp., class A (s-a)
Weymouth Light & Power Co. (irreg.)
Wico Electric Co., 6% class A pfd. (quar.)—
Wiggin Terminals, Inc., 5% pfd. (quar.)
Willys-Overland MotcrE—
$4.50 preferred A (initial quar.)
Wood, Alexander & James, Ltd.—- *
7% 1st preferred accumulated
Woclson- Spice Company, common-——:—_
6%
preferred (quar.)
Wyandotte Worsted Co. (quar.),
1
25c
-
10- 8
Stores
$3.75
4
374c
(quar.)__
Quarterly
Ohio
Oil
12-17
10-21
50c
Western
10- .4
10-
25c
—Li—— .«
Public
5%
preferred (quar.)
Northwestern National
10-
10-15
10-15
(quar.)
(accum.)—
(accum.)
preferred
10-15
75c
American
-
Increased
10-17
35c
Illinois
States
9
9-30
6c
(quar.)—
preferred
9-20
50c
^American
10-18
preferred-
common
Co.
Plywood
Waterbury-Farrell
9-24
11-
10-10
1
t25c
Wall
1
1%
class
preferred
1
(quar.)—
(Omaha)
Warner
$1.75
—
Yards
9-30
9-30
9-13
preferred European Securities—
11-
common
Ltd.
9-23
10-
15c
common
pfd. (quar.)
Mines,
5%
$4.50
*
$1
Vertientes-Camaguey
$1
9-30
9-20
American
1
t37c
Westvaco
(quar.)
5%■:. preferred
.
1
10-15
7
$1,124
9-24
1
1
7
$1.75
Universal
Co.—
$1.50 convertible preferred (quar.)
Northern Indiana Public Service—
Northern
10-
11-
50c
Co.
Mills,
9-19
$1
—
(quar.)
Penn Gas Co., 7% prior
River Insurance Co. (N.
North
(quar.)
Lighting Properties,
$3 preferred
North
North
9-30
12c
9-13
American Discount Co. of Georgia (quar.)
American District Telegraph (N. J.)
11*
A
(initial quar.)
Corp.,. $6 1st pfd. (accum.)—
Stockyards Corp.—
70c convertible preferred (quar.)
10-11
'
9-30
$1,314
.
10-
(quar.)—
34%
10-15
9-25
9-20
50c
15c
preferred
10-31
1
United
10-11
10-30
$2
<N.
preferred
Boston
1
$1
(quar.)
Co
Insurance
Adjustment
North
Insurance
1
11-
15c
Confectionery Co
11-
25c
—
12-
10-
(quar.)
Extra
10-15
1
10-
—-
States
10-
$1
' B :
Milk
United
9-30
1
25c
*
(quar.)
(quar.)
Co.
11-
25c
———
Baker
'10-20
Mfg.
Corporations, Ltd., class A
Class
United
National Mallinson Fabrics
Nelson
11-15
56'Ac
1
Crystal Sugar,, common (reduced)44% prior preferred (quar.)
American Cyanamid Co., common (quar.)—
40c
U. S. Industrial Chemicals Co., Inc.
11-15
12- 3
374c
pfd.
(quar.)_.
Corp.—
Products
12- 3
lc
—
States
10-
l/16th share of Class B stock
or
$1,124
—
Mining & Development—
Extra
Mountain
9- *0*
1
(increased)
com.
Foundry,
convertible
11-
Products, common
—
$3
participating preferred
U. S. Cold Storage Corp., common (quar.)4% participating prior preference (quar.)
Participating
.
United
2
10-15
$3
10-10
Co
Stock
United
9-21
•
1
&
Manufacturing
Union
11-15
10-
9-0*
1
American
11- 1
(quar.)
Cotton
Gold
Union
5
9-21
i
12-14
5c
(quar.)
10-
Cash
10-16
1
$1
Manufacturing Co.
(quar.)
Trailmobile Company, common
44% convertible preferred (quar.)
10-21
10-15
1
10-
preferred
$1
Towle
10-11
11-
Toburn
9-20
11-
3c
-
10-
25c
Mfg. Co., conv; Class A (quar.)
Mississippi Shipping Co. (quar.)
Mount
4
25c
(quar.)
Miller
Morris
10-
Co.
Packing Company,
preferred (quar.)"
7%
30c
Car
t75c
-—w-—~
Preferred
Tobin
&
,
Co.,
Business Credit, Class A
t75c
(quar.)!
(quar.)
Carbon
Shovel
Extra
10-15
McCaskey Register Co., "44%
McKay Machine Co. (quar.)
Field
Massachusetts Power
1010-
25c
Quarterly
10-16
12-
40c
American Cigarette & Cigar 6% pfd. (quar.)
American Cities Power & Light Corp.— ..
$2.75 Class A (opt. div. series) of 1936.
11-15
11-
t374c
--^--Liww-L-*-L-iLL--LL:L-L^'«
Thomaston
10-15
Marshall
-«•
Thew
5
10-
1
11-1
$2
(initial)
Co., 6% non-cum.
Banking Co. (quar.)—
Thermatomic
-
' '
$$1.25
Water
ll-
80c
Fund
(liquidating)
preferred
Malleable
Textile
10-
50o
9-19
common—
(quar.)
American Casualty
Co.. (Reading,
9-20
10-1
1
250
class B
(quar.)_j_.
Co.,
9-24
Biscuits,
Taylor-Colquitt
9-25
1
10-1
$1.50
Co., .44 %
11- I'¬ 10-15
Extra
Maracaibo
Oil
$1.06'A
—
Ltd.
refunding
$1.06'A "
pfd. A (quar.)
(irreg.)
$1.25
-
924c
of Canada, Ltd., com
preference
(quarJ
(resumed)
Texas
preferred (quar.)
Macy (R. H.) & Co., 4'A%
preferred
&
7%
9-17
9-39
10-
Co., com. (increased).-
Shoe
American Can
Co., Ltd.—
Taunton Gas Light Co.
Luzerne County Gas & Electric—
4'A%
—
class, A pfd .4qujir.)-—
Inc.
(irreg.)
Super Mold Corp. (Calif.)
(quar.)
Superheater Company
(quar.)
10-17
10-10
Co.,
Chemical
Sunshine
2
10•
l
50c
Sun
9-20
>9-20
10-17
$4.50
9-30
10-15
(quar.)
Brake
American
11-15
12-
9-24
Stonega Coke & Coal
10-15
1
12-
75c
——
Lowell Bleachery, Inc. (increased)
Lowell Electric Light Corp.
(irreg.)
9-26
>
2
10-15
$1,034
Co.
7%
9-25
10-10
$1.75:6 110- 1
pfd. <quar.)_—
Virginia
Link-Belt Company (quar.)
Lit Brothers, 6%
preferred (accum.)_
Lord & Taylor, 8% 2nd
pfd. (quar.)
Manhattan
Valley
■'
.—
Bank Note
American
57o
preferred
<quar.)_
Standard Fuel Co., Ltd.—
9-28
10-
54%
.11-15
12- 2
10-15
20c
-
9
10-16
9-19
25c
(quar.)..
Spring
124c
9-25
American Bemberg Corp.,
Common
124c
(quar.)
Standard
10-
American
9-20
C.)—
N.
(quar.).
preferred
9-30
10-16 '
—„
(irreg.)
(quar.)—
preferred
preferred
9-24
124c
—
9-23
1
65c
9-20
25c
(quar.)__L
(quar.)
Co
10-
preferred
Co.
Corp.
10- I
—
4.15%
1
10-
American Bakeries
6%
9-20
75c
Insurance
9-30
25C
convertible
10-15
$1
Alliance
Asphalt Roof
$2
Co
(Durham,
3.70%
$1.50
American
American
10-15
$1.25
9-20
10- 5
10- 5
30c
10-18
7
10- 5
5c
$1.75
(quar.).
10-
1'
•
Hotom*
Payable of Jfaft.
15c
———
preferred
11-25
264C
Power
Insurance
Share
quar.):
h Extra
7%
When
Co^—
13%c
preferred A
(quar.)
Southwestern Public Service Co.—
Common (increased quar.).
9-25
1
20c
--------
Lane Company, Inc.
Lawrence Gas & Electric
.
Filter
(increased
11-
10c
$6
9-18
r
90c
(increased)—.
(John), Ltd. (quar.)
Bryant, Inc. 44% pfd.
'
9-25
Southwest Natural Gas—
10-10
;
Colorado
Fire
:common
.
,
Southern States Iron Roofing Co.—
5%
Stove & Furnace (quar.)—
City Southern Railway—
non-cum. preferred
Lane
10r 1
$25c
Quarterly
9-20
9-30
$1
Kalamazoo
Labatt
Name of Company
American Air
5
American
44% preferred (quar.)..
4%
preferred (quar.)—
10- 1
25c
Extra
Per
Southern California Water—
40y8c
"
/..Kansas
4%
10-
,10- 5
1b-1'i -1" 9-14
10c
.
1
75c
Keyes Fibre Co. 6% prior pfd. (quar.)
Krueger (G.) Brewing Co. (quar.)-.
'
10-10
15c
j.—,—-,,
4334c
—
10-10
(quar.)
10-
9-26
874c
Shoe
Louis)
10-15
10- 1
'
81V4C
(quar.)
Co.
10-
.
Shinkle
Water
30C
(quar.)
&
7
(St.
Power—
(quar.)
Johnson
9-i6
1
—■
Holder»
Payable of Rec.
$1.25
75c
—
!-
Shasta
'9-307'
1
When
Share
,'..77.; 777 7,777';
Co._
$$1
Manufacturing Co. (quar.)—
Jersey Central Power & Light—
preferred
1010-
30c
k?
.
James
4%
Storage
Extra
10-11
Shawinigan Water & Power Co. (quar.)
Sheraton Corp. of America
—-<
Simplicity Pattern 54%' conv. pfd. (quar.)Smyth Manufacturing Co. (irreg.)
Southeastern Investment Trust, Inc.
(Lex¬
ington, Ky.), $5 1st pfd. (accum.).
Southern Berkshire Power •& Electric (irreg.)
ft 25c
6% preferred C (accum.)
64% preferred B (accum.)
7% preferred A (accum.)
Jacobs (P. L.)
Company 5% pfd.
'
\'T
20C
.
i
.
k
Y.)—
—
&
11- 1
Seven-Up Bottling
$$3.75
com. (quar.)
6% non-cum. pfd. (quar.)
—i
International Milling Co. 4% pfd.
(quar.)
Iowa Electric Co. 7%
pfd. A (accum.)
64% preferred B (accum.)
Light
Payable of Rec.
$4
Quarterly
Inter-Mountain Telephone Co.
Electric
Per
Name of Company
4
(Toronto)—
Industrial Bancshares
Corp. (initial)Industrial
Bank
of
Commerce
(N.
Iowa
Holdert
v
v*
(accum.)
Co.
When
>
Share
12-
1
11-15
1-1-47
12-15
1
10-15
1
6c
(quar.)
$1.12
11-
(THE COMMERCIAL & FINANCIAL CHRONICLE
When
Per
Name of Company
Allied
Avon
Axe-Houghton
Fund
9-18
1
9-18
25c
Baltimore Porcelain Steel,
7% preferred (quar)
Corp.
Bancroft
&
10-
1
9-21
10-
1
I-2-47
12-10
1
9-21
10-
11-1
$49.31
preferred
Bangor & Aroostook RR Co., 5% pfd. (quar.)
Bangor Hydro Electric Co., common
—
7%
10n
10-
3%
i
$4.25
Canada
-
Northern
Common
■
Power
9-20
.19-20
Class
Bankers
45C
10-
9-
5
Canada
Permanent Mortgage
Vii
25c
10-
9-16
Canada
Steamship
;
25c
9-30
9-23
Canadian
50c
9-30
'.9-23
1
9-23
Co.
Y.) (quar.)
(quar.)
(N.
Brothers Corp.,
Corp.
"(quar.)
456% preferred
Bastlan-Blessing,
T
Common
„
(quar.)
common
:
Bausch
Lomb Optical,
&
Baystate
Corporation
Beatrice
1
1
10-
3
10-
3%%
100%
Z
Beech-Nut
1
1
9-12
.10- 1
10- 1
9-14
84 %c
♦50c
(quar.)__—
io? 1
♦50c
Packing Co.
7% pfd.
i
10-
19-5
10-
1
10- 1
♦$1.75
r
10-
♦25c
Yards,
10-
6% preferred (quar.)
Bendix Aviation
Corp.
3%%
Loan, common
(quar.),
Bessemer Limestone &
Cement; 6%
Bethlehem Steel Corp.,
7% preferred
Bickford's, Inc.
5%
8%
1
9-20
Canadian
9-30
9-10
Canadian Silk
30c
9-30
9-16
9-30
9-16
Canadian
—
Canadian
0* 6
$1.50
Biitmore
Ltd.,
(quar.)
10-15
10-15
10c
9-30
i2y2c
9-30
9-20
$1.75
Company
6%
>£•-' Class- B;
.
3756c
$1.50
♦ 20C
Borg
3 56 %
Corp.,
preferred
-
10-31
10-15
10-31
10-15
10- 1
9-14
20C
10-16
common
10-
,40c
,
(quar.)
9-18
8-31
,/«55c
10-
1
$1.25
10-
1
9-10
62yac
10-
1
9-20
16c
10-19
9-30
25C
j 9-30
9-20
...
6%
Traction
preferred
Light
556%
convertible
♦$1.50
Co:
9-14
4.10%
9-14
4.10%
(guar.)
35c
9-30
9-12
Central
Illinois
50c
9-30
9-20
Central
Maine
.
Xy
■■
,
25C
10-15
10-1
(Interim)
British
Class
A
;
9-10
Stock
Central
10-
5
9-10
Central
10-1
9-20
♦40c
10-15
9-30
Brown- Durrell, common
5%
preferred (quar.)
11-
1
10-
1
9-16
10-
1
7yac
Laundries
9-16
1
9-18
9-30
9-20
Chemical
Watch
(F.)
Co.
1
9-19
10-30
10-15
9-30
9-30
common
(initial
1
10-
1
9-12
V
;
quar.).
25c
♦15C
(quar.)
11-
1
10-
10-
1
I
1
9-16
10-1
9-19
1
9-13
10-
1
9-16
10-
1
9-13
10-
1
9-19
10-
1
9-19
10-
1
9-14
2856c
r
10- 1
±5c
10-15
•
'%v
75c
11-
I
3756c
50c
i
9-14
A
y
11-15
11-15
1
9-
7
io-15
10-31
V
10-31
9-10
>
34%c
10-
1
(N.
Consolidated Press,
$2.75 preferred
*
7%
Co.
preferred
1st
7%
2nd
preferred
9-
Class
A
9-16
(increased
1
3
Consumers
Gas
9-16
9-30
1
Consumers
Power
Climax
Molybdenum
Industries,
Works, 7%
10-
9
Continental Baking Co.,
10-
9
Continental
Bank
10-
9-18
Continental
Can Co—$3.75
1
9-14
10-
1
25c
10-15
9-30
9-30
9-20
&
10-
1
50c
10-
1
9-16
4y2%
37y2c
10-
1
9-16
4y2%
9-30
9-18
Continental
9-17
♦25c
9-16
1
Co.
9-12
41 (6 c
10-
1
10-
1
50c
12- 2
♦$2
10-
1
9-14
$1.12'/a
10-
1
<9-13
1
9-20
9-20
Cornell Products, 6%
9-30
9-10
Corning
9-20
Cornell-Dubilier
10- 1
$5.25
11- 8
9-10
series
9-
5654c
9-20*
1
9-13
93 %c
10-
1
12y2C
10-
1
9-20
10-
1
9-20
50c
10-
1
9-16
10-
1
(quar.)_
common—
(quar.)
$1.12
$1.13
9-14*
9-16
12-16
1-2-47
9-30
$1.64
10-
1
$1.62(6
10-
of
9- 3
1
10-
1
preferred
656%
$1.31 y4
pfd. (quar.). "■<■"-*$1.50
•*.—
9-13
non-cum.
Wheat
10-
-
10-1
87(6c
$1.50
uoc
9423
9-23
v.
9-30
9-20
9423
1010-
9-14
1
,
35c
1
9421
9-30
40c
Corp..—
(increased quar.)
.8-16
«-
10-1
i
$1.50
(accum.)
1
9-30
I2V2C
,
9425
10-15
(quar.)
Glass
$1 class A
9
Cork
5%
9-10
9-24
$1.50
10-
1
40c
(accum.)
&
10-
1
—
Co. of Amer.—
9-16*
9-30
$1.25
8%
Crum & Forster Insurance
9*13
1
-
conv.
Crum
10-15
10-
30c
'
9-10*
10-10
11-15
♦50c
Seal, Ltd. (quar.)
Corp., common
pfd. (quar.)
&
Forster, commonpreferred (quar.)
.8%
preferred
(quar.)
9-21
9-21
1
11-1
%
10-15
30c
10?
1
$2
Share
9-30
9-18
$2
12-31
12rl7
Corp.—
1
9-
9
Common
class
A
(quar.),
10-
1
9-23
Common
class
B
9423
30c
(quar.)
.
10-
1
.30c
10-
$1.1256
1
10-
Crown Zellerbach
10-1
>
9-16
10-
20c
& Knowles Loom Works—
6% vpreferred (quar.) —;
Cork International Corp.—
10-
25C
' 114 4
Crompton
9-14
10-1
9-30
Crown
9-20
1
11- 4
11-20
40c
preferred
Cream
X 9-10
9-30
:
1
$137%
Creameries of America
9-20
9-30
9416
11-20.
30c
(quar.)
Corroon & Reynolds $6 conv. pfd. A
Crain (R. L.) Ltd., (quar.)
9-20
9-304:
10-15
5656c
50c
9-12
11-
Electric—
A
10-15
10-25
10-
"
preferred (quar.)
11-15
,11-30.
4
—
Works, common—
356% preferred (quar.)
Coronet Phosphate Co.——
9-10
12*'I
;5%
s-a)
—
10-1
10- 1
9-13
9-12
1
$1.75
Telephone,
preferred
Cooper (Peter), 6y2%
85c
9-13
■■
10-
(Del.)
9-20
$1.50
1;
"
Oil
10-
i
pfd.
Co., common
preferred (quar.)
preferred (quar.)
1
;
1
10-
10-1
$1.25
(N. Y.)
Continental Gin
10-
-
9-16
10-
40c
(quar
$5.50 pfd. (quar.)__
Continental
10-
$1
9?20
9-30
25c
Trust
'
10-10
1
68 %C
Foundry & Machine,
5% preferred (initial quar.)
25c
'
9-14
,
10-25
10-
A*
(Boston)—
"Chicago
Assurance,
Crucible Steel
10-
1
9-23
9-30
9-20
'
50c
<<
"5c
10-15
15c
30c
X. 9- 6
1
9-30
25c
■■
<
10-1
9-20
1
9-20
11-15
10-15
10* 1
9-16
10-
1
9-13
15C ii •; 10-
1
10-
$1.75
(initial),,,
35c
r
-
■'
2%%
:
:'
•
•
50c
•
9-30
9-21
9-14
:
9-10*
10-, 1
*
(Pa.)—
10-1^
9-11
75c
10-1
9-30
40c
9-30
9-14
$1.75
C
$1.3756
$1.75
v
10-1
11-15
preferred
2-7-47
:
1
10- 7
11-
1
10- 7
10-20
15c
12-20
11-
30c
:
10-15
$1.25
10-
:• 50c
1010-
1
10-
9-25
1
$1.12%
2
20c
2
,
4
10-
6
9-
6
9-16
1
10-15
9-
9-25
9-30
30c
40c
$1.75
1
1-2-47
$3
30C
9-20*
:
10- 1
(quar.).
Telephone'Co.,
1
9-18
10-
1 '«
9-18
10-
1
;
.
.$1.25
Cudahy Packing Co.,
Special
T* •
Stock dividend
..
..
common
9rl4
9-30
3 9-14
30C
10-15
(quar.)—___ fe*
Cunningham Drug Stores
(quar.);
Curtiss Candy Co., $4.50 partic. pfd. (quar.)
Curtis Publishing Co., $4 prior pfd. (quar.).
Decker
Inc.
(Alfred)
&
9-30
preferred (quar.)
1
Denman Tire & Rubber, common
40c
:—
5C
15C
9416
9416
9-30
10-1
.
10-10
...
9-20
10-10
10-
9-20
1
10- 1
9-26
10-
9426
1
$1
910
9-30
10- 1
'
10- 1
'
$1.75
Supply (N. Y.), 7% pfd. (quar.)—
456% preferred (quar.)
Denver Union Stock Yards Co. (quar.)
,9418*
,
10c
:
10-
1
-
9-20
9-20
10-
1
$1.12%
10-1
9-14
50C
Denver Dry Goods,
12-1
11-14
i2yzc
,
9-30
30c
(initial)
Detroit Edison: Co,.,,,,,—
Bridge Co.—;
9-10
12 y2c
(initial)—
Dentist's
Detroit Aluminum & Brass
914
9-10
^10* 1".
15C
5C.
.-
§
(initial quar.)
.
r
60c
25C
(quar.)
Co. - (quar.).
,
" SD "10-1
.
4%
Detroit International
9-20
9-30
Hook & Eye (increased)
(A.) Co., class A
convertible preferred (quar.);
preferred
IQ-1\
$1
Delaware Power & Light—
5%
9? 6
25C
Pinna
6%
9-j30
1
10-
♦25C
87(6c
5
10-15
(initial)
com.
De Long
De
10r
10-21
(quar.)—__—
new
Cohn
-
9-20
12-14
75C,
(quar.)',^—;——~-
Manufacturing
9-30
12-24
$i.i2y2,
Dayton 8c Michigan RRr Co., common: (s-a )8% preferred (quarl)——————— J-'
Decca Records, Inc. {increased quar.)
Stores,
104 2
10-15
•
*
25C
Davison Chemical Corp.- (quar.)_^
Dejay
lOr 2
104 2
19c
■
class A
1
1
10c
Culver Corporation (extra)
Semi' annual'.,..^-—^—1,,
David & Frere, Ltd.,
2
IX-
$1.1256
.•:"456%:,;: prefen^'.:(qtiar;')-^i---.-^*-,-i-^-^
104
11-
$1
10%
'Davenport .Hosiery .Mills;
9-18
9-30
$1.50
$1.50
(quar.)—.—
common
6% preferred (guar:)-.,
Decker
$1.75 2-15-47
(quar.)
9-18
11-
10-
'
9-20
9-18
9-30
75c
;! 3756c
Sugar,
Extra
5%
9-20
10-1
75c
(quar.)
;
Cuban
•
9-14'
10*1
6256c
u
9-30
9*18
9-30
10-
-•
(quar.)—
Sugar (increased) ——»
common (quar.)
62y2C
Atlantic
Cuban
15c
Co.
Cuban-American
9*16
10-15
IOC-
75c
Tissue
Crystal
.9-16
19-14
10w I
256c
-r,
1
1
10-
45c
(quar.)
10-
10-1
-
31 y4C
(quar.)
10-
$1.25
....
Continental
1
37»/2c
(resumed),,
preferred
9-14
30c
10-31
$1.1256
(increased),
1
9-16
10-31
62y»C
Co.
Inc.
10-
—
Co.,
Continental
30c
$4.50 preferred (quar.)
Cliffs Corporation
9-21
$1.12(6
common
$4.50 pfd. (quar.)
Container Corp. of America (quar.)
9-16
59 %c
Cleveland Cliffs Iron, $5 pfd. (accum.)
.Cleveland Electric Illuminating Co., common
Water
Co.
9
(increased quar.)
(N. Y.)
1
♦1
Mills, pfd. (initial
(Toronto)
(quar.)
10-
quar.)
City Title Insurance Co.
Clinton
Textile
10-31
(s-a)
common
9-16
11-
'•
(initial)
1
(quar.)
preferred
9-30
(Bait.)—
preferred Series A
Steel Corp
4y4%
10-
.
7%
10-15
common
10c
Citizens Wholesale Supply, 6% pfd. (quar.)
.City Ice & Fnei
y.. ■ x■ t/;:City Investing,- 5 56% preferred (quar.)
t
City of Paris Dry Goods—
7%' 1st preferred (quar.)
City Stores Co.,
i;
9- 5
$1.25
Stores,
(quar.)
Consolidated
Crown
Washington
(quar.):
11-
50c
Consolidated
.
of
31V2C
♦50c
9-12
♦3C
■
9*4
Ltd., Class A (quar.),,
Consolidated Retail
9-14
$1.1256
1
y
9-18
1
$1.04
Y.)
1
1
30c
9-26
10-
^
pfd.
Electric, com.
(quar.)____
Clinton
10-
Co.
10-
10-
Irregular
9-14
$1.12
Citizens Water
'
\
12yjc
I
Trust
Securities—7%
preferred
Corp.,
(quar.)
1
1
ZZ-t 15c
Stock Yards (guar)
Cinzano, Ltd., 556% preferred (s-a),'
C. I. T. Financial Corp. (quar.):
9-17
10-
$1.50
&
Grocers
preferred
9-30
10-
(quar.)
Cincinnati Union
v
3iy4c
(quar.)
preferred
10-21
5%
9-12
Quarterly
9t26
3iy4c
_I
4%
9-12
.
62y2c
..v;
-p
1
$1.25
preferred (quar.)
•
9-20
Consolidated
Cincinnati & Suburban Bell Telephone—
28y8c
Calgary & Edmonton Corp., Ltd. (s-a)
Power, $3 pfd. (quar.)",.
California Packing
Corp., common (quar.),!
convertible
10.
California Electric
California Water Service
10- 1
10-
50c
,
Camden Forge Co.—
'
;
>900:.
Bank
Cincinnati Gas &
I/*: 9-16
♦25c
'
Master Mfg., common
preferred (quar.)__i
^Christiana
.
10-
~
quar.)
preferred (initial quar.)
10- 1
10-
(quar.)
Chicago Mill & Lumber (quar.)
Chicago Pneumatic Tool Co., com. (resumed)
9-12
Co.—
(initial
9-22
Investment
Fund, Inc
Rivet Co. (quar.)
Chesapeake & Ohio Ry. Co.
9v20
1
preferred (quar.)
Building, 7% pfd. (accum.)"
common
9-18
10-
,
$1.75
Bush Terminal Co., 6%
preferred (quar.)
Butler (P. H.) Co., 5% conv.
pfd. (quar.),.
■5% non-conv. pfd. ser. B
Butler's Inc.,
1
10- 1
1
(quar.)_
9-13
90c
$1.0256
pfd.
$2.50
9-20
10-1
75c
preferred series C (quar.)
456% preferred series B (quar.),
10-10
(quar.)
Cherry
9-17
10-
■■j..-.-.
(quar.);____
1
10-
.
10- 1
♦20c
common—
4%
1
.
10- 1
1
75c
(quar.),
25c
i
i 12-10
10-
Chemical
$1.02%
t9-27'*
$2.50 conv. prior preferred (quar.),
ZZZz ■ $3 convertbile preferred (quar.).
10-
convertible
Bush Terminal
5%
'9-19
1
90c
"
(quar.)..
9-16
,25c
Chefford
9-19
1
=
150
Manufacturing
Common
7%
Mines
12-15
(Hart-
Bakeries of Canada
1256c
Chemical
55c-
10-
Burlington Steel, Ltd. (quar.)
Manufacturing Co.— W-Z
5y2%
1
10-
Bush
5%
10-
$1.83
Corp.—.
Store
<10-
participating
Burkhart
456%
1
25c
Building Products, Ltd. .(quar.)
456%
10-
10-
-
New
10-15
9-i20
03 %c
preferred (accum.)
Buffalo Niagara > Electric'
Corp.!—. ;
^
3.60% preferred (quar.).
Bulova
1*
20c
(quarJ—
$5 preferred
(quar.)
Bucyrus-Erie Co., common__
7% preferred
(quar.),
General
10-
$1
pfd
9-14
9-19
10-
preferred
15C
;
Brunswick-Balke-Collender—
♦2.25
10-15
$1.25
$3.60
1
I
9-30 s
8756c
(quar.)
Gold
Telephone,
$1.25
(quar.),
(initial)
:
Bruce (E. L.) Co., common
3%%
preferred (quar.)
Buffalo
10-1
50c
„_IL
:
10-
33% %
Co.
9-11
10-31
Securities—
Coke
25C
Corp.—
456 % conv. preferred (quar.),..
Champion Paper 8c Fibre, 456% pfd. (quar.)
Chapman Valve Manufacturing Co. (quar.)
Chasers, Inc. (quar.)
9-16
15c
;
;
Chain
&
preferred (quar.)
Consolidated Gas, Elec. Lt. & Pow.
10-
;
9-11
11-15
$5
10-
$1.75
(quar.)
Certain-teed Products Corp.—
4y2% prior pref. (quar.)
Chadbourn Hosiery Mills, common
4y2% conv. preferred (initial quar.)
10-17
♦$1.50
25%
(quar.),
Paper
4.15%
.
♦$1.50
"
prior preferred
Company,
(
Ltd.
Brown Fence &
Wire, $2 Class A (reduced),
Brown-Forman Distillers, new com.
(initial)
$4 preferred
Brown Shoe
Central
9-20
Central Vermont Public Service—
Stock dividend
$5
9-10
10- 1
11-
(quar.).
pfd.
10-
Consolidated Edison Co.. of N. Y.—
$1.18%
'
Patricia
♦$1.50
>.,
9-21
62y2c
pfd. (quar.)
(irreg.)
10-
(quar.),,.
Industries,
Inc.—
$1 partic. pref. Class A (quar.)
Consolidated Cigar Corp.
♦$3.50
dividend
9-10
.
:
dividend
5
Pwr, & Gas Co., Ltd.—
(quar.)_,
9-11
10- 1
$2
(initial)
common
Stock
5
Corp. (initial quar.)
*
Broad Street Investing Corn
; Bronx County Trust Co.,
TT""
-
New
.
10-
British Columbia Telephone Co.—
6% 1st preferred (quar.),,
2nd preferred
British Industries
9- 5
10-
(quar.)
6%
10-1
-50c
(quar.)
(quar.)
10* 5
256%
-
Power Corp.,
Consolidated
preferred
preferred
Is
■
3
com.
Central New York Power, 3.40%
Central Ohio Steel Products—
.2%%
,,; ,■
(quar.)
Columbia
•:/ 6%
lc
(interim)
Columbia Elec.
pref.
$3.50
v1
10- 1
rV »v
(g-a)
Registered (interim)
6%
9-16
9-16
♦25c
•Preference
British
1
10-1
93%C
British-American Oil Co.-Ltd. (quar.),,
British-American Tobacco, Ltd.—
*
Registered
10-
50c
Light 4'/2%
$1.50
1
25C
Consolidated
Gas
3256c
Power
9-27
9-11
$3
$1
(quar.)
(quar.)
9-46
10-11
10-
(guar.)
9-10
Connecticut
Gas—
preferred series A
preferred series B
9-30
/ $3
$5
Insurance
9-10
(quar.)
9-30
Manufacturing Co., common
$2 preferred A;(quar.)
.!
Bristol-Myers Corp.—
3%% participating preference (quar.)...
>
Common
9-30
Brillo
.^
9-16
;15c
(quar.)
Briggs<Manufacturing
Ordinary
1
$1.37 y2
common
preferred
Bridgeport Gas Light
10-
ford, Conn.)
Life
10-1
$1
Trust Co.
&
9rl3
(Toronto)—
10- 1
(irreg.)
Bank &
Electric
9-25
10-1
♦$1.50
General
40c
Illinois
10-
10- 1
(quar.)
preferred
(quar.)
Connecticut Light & Power Co.,
60c
Hanover
10-10
40c
$1.37 56
Quarterly
9-16
,
Process
10-
$1
8-31
,
Ltd.—
7%
;
♦1.75
Central
7
6
10-10
$1.75
10- 1
$1.50
Central
9-
6
9-
20c
—
—
10- 1
5c
9-20
1
(quar.)
♦50c
$1
10-15
10-
50c
_
Power,
10-25
v
(quar.)
(quar.)
Bridgeport Brass Co.,
»
&
1
9-
9-30
.
(quar.)
(New Haven)
preferred (accum.)
Connecticut
15C
Franklin
11-
9-30
Concord Gas Co.
8-26
Corp..
Central
50%
-
50c
Light Co.~»
10-1
Co.
32y2c
Bower Rolling Bearing (stock dividend)
Brach (E. J.) & Sons (quar.)
Brandon Corp., class A (quar.)
preferred
preferred
&
Consolidated Investment Trust
9-20
9-20
$6
Water
Confederation Life Association
25c
9-20
1
9-30
$1
Connecticut Fire Insurance
$1.25
9-30
10-
9-30
10-15
(quar.)
9-20
(quar.),,
10-15
31'AC
'
9-16
10-15
6c i
Commonwealth
50C
,$1.50
(quar.)
preferred
9-20
50c
preferred
9-12
♦5c
Co
10-1
(quar.)___
1256c
Property Trust (quar.),.
Botany Worsted Mills, class A.—.......
Brazilian
General
2
10-15
(Indianapolis)—
.10-1
(initial),
10-
♦$1.25
i-.'Xv
f 11-25
(quar.)
Centlivre Brewing Corp. (interim)
Central Aguirre Associates (quar.)
Central Electric & Gas, 4.75% pfd. A (quar.)
Central Fibre Products, common (quar.)
Extra
6% preferred (quar.)
Personal
Brantford Cordage Co., common
$1.30 1st preferred (quar.)
5%
4%
Co.
♦$1.25
.
9-20
Loan
9-30
12-15
10-16
60c
<qn<ir \ ..-v-■- p?.■>■ ->.•'vauBank. & Trust (N. Y.)—
■
Investment
$7
Cassidy's, Ltd., 7% preferred (accum.)
Celanese Corp. of America, com. (increased)
$4.75 1st preferred (quar.)
7% 2nd preferred (quar.)
Celotex Corp.* cothmon (increased quar.)
Extra ——,i„
9-18
1
9-30
(quar.)
Boston Elevated Railway (quar.)__
Boston Herald-Traveler Corp.
(quar.)
preferred
2
10-1
87y2c
Boston Insurance Co.
$1.25
10-
preferred
Commonwealth
9-13
Carthage Mills, 6% preferred A (quar.)
6% preferred B (quar.)
Case
(J. I.)
Company, common
7%
preferred (quar.)
ZZBoston & Albany,RR,-.Co—
Boston
pfd.
85c
ommonwealth Water Co.;
Sommonwealth A Southern,5V2% pfd.(accum.)
$6 pfd. (quar.)
tl5e
11-15
;
.
11-25
I.
0-16
$1.50
9-14
10-15
9-16
1
Commercial Natl
8-30
12-15
1
90C
9-30
115c
10-
10-
9-20
11-15
(quar.),,,
1
♦$1.75
•9?16
♦10c
10-31
U5c
.
1
$1.23
'
10-15
75c
9-13
75c
8-31
10-
9-20
10-
1756c
15c
1
$1
82y2c
9-30
10-1
1
10-10
(Los Aug.)
75c
10-
......
8-30
10-1
:
8-31
'
Carter
„
1
1
9?20
,25c
75c
'
(qiiari
7%
8%
♦3756c
50c
,,,
'
8-30
10-15
Discount
♦37560
9-20
(guar.)
10-
...
Ltd. (quar.),,
Ltd.—
1
E.) Co., $3 pfd, (accura.)
(George W.) Corp. (quar,).......
Commercial
7
10-
10-
9-10
:
15c
preferred
9-16
.
10-
Brass
(F.
Borg-Warner
Boxes,
(accum.)
W.)
8%
9-16
1
9-11
1
75c
Electric
Ohio
Southern
&
11- 1
1
$1.75
♦3756c
Wirebound
1010-
•
(quar.)
Commercial Credit Co., common
3.60% preferred (quar.)
10-
♦750
—
&
—
Enterprises, Ltd.— 5%
preferred (quar.)
Commercial Alcohols, Ltd., common (quar.)
Corp.—
A (quar.):
Westinghouse Co.,
(J.
$1.25
-
—
♦50C
& Light Co., com.
preferred (quar.)_,,__
Telephone Si Telegraph
Carriers
< -
9-30
$1.50
(quar.)
(quar.)—
(Boston)
preferred B
m
♦1.12 56
•
Booth
10- 1
8756c
—,
9-30 A
,.4 U2
U5C,
Carpenter Paper Co.—
Common
(quar.)
4% preferred (quar.)
9-15
9-30
$1.75
—
Bon Ami Co., class A
Class B
(guar.).
$5
9-12
$ 125c
(s-a)
Commonwealth
Railway.
Products
A
9-12
10- 1
12* 1
•
9-30
t25c
■
—
Carolina Power
10-15
9-25
9-30
9-
—
Carolina
(Sidney), 7% preferred (final)
Co., 456% preferred (quar.).
&
.;
.
Bobbs-Merrill
Bohn Aluminum
9-21
9-30
II-1
10-
♦30c
pfd.
Class
class
9?17
1
Combined
On 7
♦45c
:
Carnation Company, 4%' 1st
Carborundum Co. (quar.)
'
a
(interim)
Blumenthal
9-21
20c
"
v
preferred (quar.),,
Top Brewing, Lld.-r-
9-23
9-
10-
♦43%C
Mills
(increased)
Cannon Shoe Co. (quar.)
Capital Administration Co., Ltd.—
$3 preferred (quar.),
Capital Transit Co. .(quar.)
9-23
1
9-30
25c
(initial)
Bloch Brothers Tobacco—
Blue
10-
7
10-
Cannon
■
9-30
10-1
$1.50
•
9-30
(quar.)
(quar.)
Pacific
Extra
9-20
/
«
preferred
preferred
$1.50
v
9-26
,
♦10c
'
common (initial >--•
preferred (quar.)
Birmingham Elecric Co., $7 pfd. (quar.).
$8 prafarrpd
..;
(Philip)
1
10-
♦25c
(quar.),,*..,
common
Bliss 8c Laughlin, new common (initial)^w
5% convertible preferred (quar.)
Blum
1
10-1
400
■
convertbile
10-
$1.75
Class
A
(guar.)
Bingham Stamping Co.,
5%
10-
75C
pfd.——
(quar.)
(increased),—
Hats,
9-12
9-20
75c
i
-
9-16
,■-■■■
7
♦$1.50
8iy4c
..■■-
■
Industrial
preferred
.
9-12
1
-
.
9-
♦1256c
♦$2.v,. 10-15
10- 1
50c
(quar,),.
common, (quar.)__
10-
Columbus
7
(quar.)
50C
of Canada
,
Beneficial
8-31
.
1
5% prei#rr*A (guar \
Bell Telephone
8-31
W
;>V-' '-"i*;
410c
Belt RR. & stoek
<
9- 9
♦$1.50
Belding-Corticelli, Ltd., common (quar.)—i;.
7% prpfwrr«»A (qnor-l
Belgium Glove & Hosiery of Canada, Ltd.—
,
1
1
10-
$5.60
Baking, common
—'
$1 participating preferred (quar.)__.T-_,_
r -•*
Participating'
—
Columbia Gas & Electric, 5% pfd. (final),,
6% preferred series A (final)
5% convertible preferred (final)-.
—
8-31
9-
Products, Ltd., com. (quar.)
$1 conv. Class A (quar.)
Canadian Foreign Investment Corp., Ltd.—
Quarterly
Canadian General
Electric
(quar.)r„„,„
Canadian General Investments, Ltd. (quar.)
Canadian Industries, Ltd., new com. (initial)
7%
preferred (quar.)
—
Canadian Motor & Lamp Co., Ltd.—
Class A (quar.)—
Class B (quar.),Canadian oil Companies, Ltd.—
9-10
10-
$1
—
,
1
50c
'
(quar.)
9-14
"•
10-
♦$1.75
(quar.),.
9-20
10-1
♦lOc
t50ci
4
—
Canadian Food
9-12
10-15
10-
♦5c
Celanese, Ltd., common
preferred (quar.)
Ltd. com
6% preferred (quar.)
Canadian Fairbanks-Morse, 6%
10-15
10-
9-14
♦15c
Canadian Cottons,
9-16
10-30
io-:
$1
Class B (quar.)
■.!
9-18
35c
pfd. (quar.),,
Class A
Beaver Lumber Co., Ltd.,
Beech Creek RR, (quar.)
$1.75
1
♦25c £
Canadian
9-20
10-
♦3156c
(quar.),,
(quar.)
preference
Participating
9-18
4
35c
4%
(quar.)
Co., common (quar.)
preferred (initial quar.)—.—
conv.
9-18
1
10-
Foods
Beatty Brothers, Ltd.,
60c
10-
8-30
♦3756C
9-14
conv.
1
♦50c
(s-a)
9-14-
10-
Bayuk Cigars, Inc. (stock dividend)
(quar.).:
Ltd.
10-
♦$2
(increased)
1
50c
37%C
Manufacturing Co., common
456% preferred (quar.)
Bath Iron Works Corp. (reduced)
'
8-30
1
♦1.1256
Bates
Lines,
Breweries
non-cum
$6
$7 preferred (quar.)
Fuel & Iron
♦25c
10-
40c
—
10-
75C
Corp
Plow
Ice
9-17
-$1.25
1
—
Columbia
(s-a)
10-
♦1.37'/a
(quar.)
pfd.
$5.50
(quar.)
.
Colonial
1
—
Collateral Loan Co.
-
Canners, Ltd., common
5% 1st preference (quar.)„
Participating
10-
5656 c
11*
Ltd.—
Canadian
Trust
Asphalt
Barker
9-17
»
10-
Colorado
10-
10- 1
$1.75
'
——
Co., Ltd.
Colgate-Palmollve-Peet—
$3.50 preferred' (quar.)
*
9-30
Corp.,
10-
Barber
'
(quar.)
10-
Holders
Payable of Rec.
6256c
International
Cockshutt
9-11*
$1.06 y«
preferred (quar.)
^Canada Packers, Ltd.—
; i
$1.50 partic. Class A (s-a)
B
pfd. (quar. )^«,
Corp. (Cum.)—
(quar.)
;
Extra '
Coca-Cola Co.^
9-12
10-
15c
(initial)
com.
7%
9-19*
:
9-12
—
30C
„
(quar.)
9-10
9-10
9-30
'
"Coca-Cola
(quar.)
preferred
75c
York
New
1
10-1
♦♦1.25
$3.50
of
10-
♦$1.1256
♦62V6C
—
new
Bank of Yorktown (quar.)
Bank
$2.50 class A
♦20o
pref. (quar.)
Ginger Ale,
Share
"
(quar.),.
Dry
When
Per
Company
Coca-Cola Bottling
0-10
i.
Canada Life Assurance (quar.),
9-10
Name of
Cluett; Peabody .& Coi,.
10- 1'
62560
:;
(quar.).
1st
Canada
9-25
10-
B
Common
v
i
1
$1.50
.V
—
-
8-28
$1.75
preferred (quar.)
7% preferred (quar.)„
Bank of Manhattan Co. (quar.),
class
V
Holders
.
Payable of Rec.
Canada Cycle & Motor, Ltd.-
;
<
——
10-21.
30C
.
;
1
10-
$1.25
5%
j-" When
Share
»
-Campbell (A. 8.") Co.—
1
J
$2.50 preferred (quar.)
Canada Bread Co., Ltd.—
456% 1st preferred (quar.)
9-10
20c
.
1,
>9-14
9-21
i
8%c
.
(quar.)
Sons,
1
8%c
:
pfd. (quar.)_
7%
9-30
10-
,
1256c
———-
Extra
6%
1
10-
15c
—
—
Backstay Welt Co. (quar.)
10-
20c
■--*—
'
9-16
10c
"B"
Axelson Manufacturing (increased)
Bancohio
1
10-
50c
pfd. (quar.)
Products, Inc., 4%
Fund, Inc
Axe-Houghton
Per
Holder»
Payable of Rec..»;?Name of Company
Share
\
„
Monday, September 30, 1946
10-15
20c
9-30
9416
9-27
9413
'1'WS
i t ,{f
SvT^"S' ^
Volume 164
■**•■(?> «*»
Number 4529
Name of
Company
(quar.)
Diamond
Match
T
Dixon X Joseph)
10-1
9-23
«Increased
quarterly
Dominguez
Oil
3-1-47
9-14
9-30
1;
10-
1
10- 8
10-10
62 %C
—
10* 1
.
9-10
10-30
\ 9-30
„
Four Twelve
9-30
9-17
Fox
'10-31
t75c
9-27
Corp.
(initial)—
i.
—
Brewing (Indiana), 5% pfd.—
Brewing (Michigan), 5% pfd—
Process Co. (irreg.)
9-30
Franklin
9-10
Fraser
10-15
9-27
v
10-15
■?
10-31
10-
1
Froedtert Grain St Malting,
Special
$2.20 preferred (quar.)
10-
1
-Fuller
11-1
10-1
Fuller
11-
10- 1
Fulton Bag & Cotton MillsFulton Trust Co. (N. Y.)
(guar.)—..
Funsten (R. E.) Co., common (initial)
Dow
.
Drug Co., 7%
1
10- 1
9- $
10-1
w?*0. L
1$1.75
10-15
9-16
preferred
10-15
10-15
1
10-1
10-2.
8-3*
10-
1
9-21
10-
1
9-11
$1.75
10-
1
10-
1
$1.12%
10-25
$1.25
10-15
25c
9-30
10-
1
10-
1
preferred
0-30
12-21
11-
5c
(quar.)
25c
25c
1
101
10-10
1
10-
1
10-
;
1
AVa% participating preferred (quar.)
9-
El
Paso
l
preferred
Paso
Elder
10-
1
10-15
1
10-15
$1.12%
60c
25c
10-15
1
10-
$1.50
$1.50
10-
1
1
9-10
(quar.)
(accum.)—
Electric Storage Battery .(quar..)..—w,
10-
50c
1
9-30
9-20
1
9T8
$1.25
10-
1
9-20
62 %c
Drug
1
1
1
Co.,
3c/e
preferred
(quar.)
9-20
10-
1
.9-20
50c
—
10-
1
9-16
$1.75
—
Empire State Insurance
Empire Trust Co, of N. Y. (quar.)
Emporium Capwell Co., common (increased),
75C
—
7%
preferred (s-a)
Endicott Johnson Corp.,
75c
$5.50 preferred
(quar.)
$6 preferred (quar.)
Equity Fund, Inc
RR. Co., $5 preferred A
Esquire, Inc.
1
9-21
1
9-23
10-
1
$1.25
10-
1
1st preferred
1
10-
1
9-13
9-30
9-13
$1.25
35C
12-
1
10-
(initial quar.)
$62V2C
(s-a),
$2.50
Fairmont
$1.50
pfd.
10-15
9-10
1
10-15
10-
9-16
1
65c
'
,
10-
1
11-15
9-30
,
40c
(quar.)
9-14
$1
35c
—
1010-
9-14
10-
9-
7
10-
9-
7
28y«c
37'/ac
,
37M.C
—
10-
37%C
35C
Faultless Rubber
Co.,
9-30
9-14
.
(2.50
Inc
25c-
—„
Co
50c
10-
1
9-16
10-1
9-20
9-25
10-
9-11
Federal Services Finance
Corp. (Wash, D. C.)—
Common (quar.)
—
6% preferred (quar.)
Federated Publications
—
(irreg.)
Common
Curme
Shoe
(initial
quar.)
10c
Co.
Fisher
First
First
Brothers.
National
National
Rubber
$5
Bank
Paint Corp., common
preferred (quar.)
Public
9-30
10-15
9-30
10-
1
9-14
25C
10-
1
9-16
62 %C
10-
1
9- 1
10- 1
9-
1
10-15
10-10
10-
1
9-19
$1
10-1
9-20
50c
10-25
10-17
(quar.),,——r
(increased)
—
Inc.
(N.
7%
(quar.)
(quar.)
Y.)
(quar.)^
preferred
(quar.),,
$2
10-
1
9-14
$3
10-
1
9-14
$1
10-21
10- 5
Art Co.
(A.
10-
1
1
State
9-16
10- 1
Co., Ltd.,
(quar.)
American
1
9-16
12-
1
11-20
Reduced
9-16
9-16
11-25
11-
Lakes
Paper
Holt
Lakes
10-
2
15c
10-21
9-30
1
9-14
1
11-
1
25$
25c
9-10*
10-
11-15
10j.
7
1
10-1
11-1
9-17
9-30
11-
1
1
10-
7
1
9-10
1
9-10
9-30
25c
10-
1
9-30
10- 1
9-14
$1.25
10-
1
10-21
9-14
25c
11-30
11-25
10-
1
10-
1
11-
1
12-25
40c
10-
10-
9-12*
10-
9-12*
8
$1.75
$1
1010-
9-18
10-
$1.50
10-
9-14
10-
9- 9
10-15
9-23
9-30
Greening
Gas
(B.)
9-30
9-27
$1
9-30
$1.25
9-30
9-13
$$1
10-
1
10-31
10-
1
9-21
35c
11- 1
10-15
.11- 1
10-15
1
9-20
25c
10- 1
9-10
93%c
10- 1
0-10
32y2c
id-1
9-24
-
J15c
(quar.)
(quar.)
30c
Water
$25c
$25c
50c
Class
A
(quar.)
$75c
$75c
30c
$1.75
10-
1
1
4%
Q%
-
1
9-30
9-30
10-
1
10-
9-25
10-
$1
10-
9-10
$1.06V4
10-
34%c
12-
2
11-15
75c
10-
2
,
9-13
9-10
(Bait.),
6%
pfd.
(quar.)
Special
(quar.)
15c
11-
1
10-
1
$1.50
10-
1
10-
1
9-13
10-
1
9-10
16-
I
•9-11
$1.50
25C
25C
preferred
(quar.)
$1-50
1
9-30
10-
1
10-
1
10-1
6
9-
6
9-20
9-20
5%
10-1
10-
9-16
9-16
1
v
1
9-16
,11-30
11-15
9-30
9-19
9-30
9-19
$$1
10- 1
9-14
20c
■
—
*1.25
$1.25
11- 1
35c
9-30
$1.50
: ,:9-30
(quar.)
Co.
9-30
11-
12-20
10-15
W.
1
10-15
9-14
,
9-19
(Wis.)—
62 " %c
(quar.)_^
9-15
10- r
$1.18%
pfd.
11-1
10- 5
250, 11-20
75C V 10-1
0-30
tlOo
3%
10-
V
0-I6
S^ 8-13
10-31
40c
1*
11-
9-30
20c
1
8-13
;
9-26
9-17
,
10- 1
9-
5
30c
10-15
10-
2
$1
10-1
$1.25
10-1
9-12
$$1.25
0-30
8-31
$1.03%
15C.
9-30
2%0
9-17
9-30
20C
9-30
i h 9-20
8-31
i
$75c
9-30
9-16
10- 1
9-20
(quar.)
preferred
10-15
.r1 9-16
10-15
com
Sewing Machine—
Products—
10-
30c
9-15
>:
9-15
9-23
1
'
10- 1
25c
.
9-19
25C
——•
—
10-
1,
9-19
65c
common
(quar.)-
Nickel
10- 1
50c
$85c
$37%c
Powders, Ltd.
10-15"
9-16
Co.
of
Company,
10-
l $40c
$$1.12%
i-'i
10- 1
9-12
9-12
<
9-30
——$1
9-
3
"$$1.75
$8%c
10-
2
11-, 1
10-
2
$1.50
50c
10- 1
9-14
9-30
9-20
$1
$1.25
9-30
9-20
9-30
9-20
*
■
9-16*
50c
10-
1
45c
10-
1
9-16
43 %c
10-
1
•9-12
9-30
9-16
"■
$1.25
30c
common
9-20
9-30
11- 1
$40c
Canada
9-30
9-14
$1.25
(quar.)
9-30
9-14
50c
10-15
9-25
——
Royalty,
preferred
9-16
25c
10- 1
9-14
$75C
10-15
9-16
13c
10-15
9-30
30c
Management Fund
1
9-30
9-10
$1.50
10-
Co. (Bridgeport, Conn.) —
common
(s-a)
(s-a)
2c
9-30
9-16
$1
9-30
9-16
30c
12- 2
11- 9
Iron Fireman Manufacturing Co.—
Common
(quar.)
-i.
9-20
12-30
$1
50C
quar.)_
Quarterly
8%
9-20
9-25
V
,
$1.50
—i——
preferred
Investors
9-30
10-7
(initial)
Investors Mortgage
-
T
-
10-10
common
preferred (quar.)—-..—
Investors
9-20
9-
*•9-30-
'"
15 c
_
9-21
30c
$1.25
$3
9-20
30c
Department Stores (initial quar.)
Interstate Telephone, $6 preferred (quar.)
Investment Co. of America (quar.)
—.
Investment Foundation, Ltd.—:
6% convertible preferred (quar.)
9-25
4
9-16
9-30
7%c
Interstate
10-15
$1.25
vj
9-16
9-30
50c
Bronze
common
Interstate
Brewery—
9-30*
9-30
$$1.25
preferred ($100 par) (quar.)———„
preferred ($5 par) (quar.)—
:
International Ocean Telegraph (quar.)
International Paper Co., common (quar.)—
$4 preferred (initial quar.)—
5% preferred (quar.)
International Salt Co
International Shoe Co. (quar.)
International Silver, 7% pfd. (initial quar.)
Interstate Bakeries, $5 pfd. (accum.)
9-25
(increased),,
10-15
12 %c
$1.37%
-J-
7%
9-11
9-20
9-30*
1
50c
7%
8-3
10-
93%c
(quar.)
Celiucotton
Common
1
10-15
——.
Telephone
Buttonhole
4%
10-
40c
t
9-29
10- 1
$1.50
Securities Corp.—
International
,9-16
40c
10-15
56V4c
partic. preferred (quar.)
4V2%
10-15
1
1
9-20
11*^ 1
25c
International Minerals 6c Chemical—
9-10
11-
9-20
V 9-30
(quar.)—
^International Metal Industries, Ltd.—
8-31
10-
9-21
TO- 1
preferred (s-a)
Extra
9-10
10-2
9-30
50C
common
(quar.)
5ft conv.
Co.,
International Harvester,
8-31
2
11-21
256
Corp. (quar.)
International
9-20
9-30
12-1
.
$1.12%
'
'0-20
10-
10-25
$1.50
International
0- 0
9-30
10-
Corp.,
Telephone
International
9-i 0V
$1.50
(irreg.)
^
25c
Steamship
Inter-Ocean
New
10-
75c
preferred (quar.)
Common (irreg.)
Griess-Pfleger Tanning
Griggs Cooper & Co., 5%
1st pfd,
(quar.)
Group Corp..'6% preferred (accum.)
Gruen Watch Company (quar.)
X
Guantanamo Sugar," $5 preferred (quar.).,
Guaranty Trust Co. (N. Y.) (quar.)
9-13
(increased
Co.
preferred
Interlake
9-20
$5c
5y2%
$6
10-15
80c
Greyhound Corporation, com.
4V*% preferred (quar.)
Power,
10-
30c
(quar.)
Class B
1*
(quar.)
Commercial
>
(quar.)
Griesedieck Western
10-
(Winnipeg)—
System, Inc.—
(quar.)
Cooperage,
10-
lc
9-13
62%o
Bell
Ltd.—
(accum.)
Light (quar.).,,^
preferred
Greif Bros.
,
9-3
1
75c
(accum.)
Co.
$30c
—
9-13
t50c
(quar.)
Wire
'
9-10
50c
3
(quar.)———
Paper & Color Corp._r
Imperial
Tobacco
Sales
Co.,
of
Canada,
Ltd., common (interim)
6% preference (s-a)
Incorporated Investors
Independent Pneumatic Tool
Indiana & Michigan Electric Co.—
4%% preferred (quar.)»_
Indianapolis Power & Light (quar.)
4%
preferred
(quar.)
Indianapolis Water Co., 5% pfd. (quar.)
Industrial Acceptance Corp.. Ltd—
5% conv. preferred (quar.)
Industrial Brownhoist Corp. (final)
Inland Investors, Inc
:
Institutional Shares, Ltd.—
/
Bank group shares (s-a)
Inter-City Baking, Ltd. (quar.)
9-18
62'/2c
40c
$1
9-
9-13
Imperial
9-20
$1.12'/a
Gas
Illinois Zinc Co.
9-12*
10-
Cement
$4.75
9-12
50c
10-
9-30
5c
preferred
Illinois Power
10- 1
50c
Natural
Illinois
9-10
$1.25
9-12
1;
A
Illinois
9-20
87y2c
0-27
10-1
10- 1
Ideal
9-30
9-30
,
■i*9-27
10-
Huyler's, $2 partic. 1st preferred (quar.)
$1 conv. 2nd preferred (quar.)—
9-14
15c
$1.12V2
)
V: 8-31
10-15
$1
—
•
Huttig Sash & Door CO,-—
5% preferred (quar.
8% preferred (quar.)
9-20
9-20
$1.50
.
$1
(quar.)
(quar.)
Huron & Erie Mortgage
9-20
9-30
9-30
r;
10-
;
6
9-
—
Humphreys Manufacturing Co.,
6% preferred (quar.)
9-17
93%c
Co
pfd.
10-15
10-15
1
9-30 :
10-15
Extra
9-17
,
8iy4c
(quar.),
1st
10-25
-
preferred
.
6%
9-20*
1
10-
"•
9
9-20
:v
10-25
50c
:
$80
$4 pfd.
Material, common—
5% % preferred (quar.)
Howe Sound Company (quar.)
Howell Electric Motors (quar.)—
Humberstone Shoe Co., Ltd. (annual)
Hummel-Ross
Fibre,
common
9-30
11-15
30c
6%>
:
50c
Houston Oil Field
9-30
11-
10-
30c
(H. L.) Company (quar.)
Greenfield
5%
9-17
$1.06 y4
$1.06V\
2ii<Vpreferred (quar.)
preferred
Houston
11- 2
10-
$$3.75
Saddlery
:
(quar.)
Hook Drugs, Inc. (quar.)
Hoover Ball & Bearing Co
Hoover Company—4%% pfd. (quar.)
Horder's, inc.
(quar.)
—
—
Hotel Gibson, 6%
non-cum. pfd.
(quar.)„
Houdaille-Hershey, $2.25 conv. pfd. (quar.)
Household Finance Corp., common (quar.)—
3%% preferred (quar.)
9-16
25c
Steamship Co
West
9-20
9-
9-30
(Henry) 6c Co.—class
11- 9
56y4c
Co.,
A-preference
.
7
'
—
Holly Development Co.
9
$1.50
Great Western Sugar com.
Gulf
11-25
10-
$1.50
$1.37J/a
(increased quar.)
Co.
9-20
"
9-20
75c
Insurance
Realty
10-
1
50c
Corporation
$20
■i.
1
10-
10-
* -.
&
Gulf Oil
1
9-26
10-
25c
(B. F.)
Guilford
10-
'
10-25
$1.25
—
;
^
.
9-25
25c
$4 preferred (quar.)
Holmes (D. H.) Co., Ltd.
$1.25
(increased quar.)
9-20
:
1
10-
9-20
:
'9-30
com. (initial)
Hollinger Consolidated Gold Mines, Ltd.—
Hollingsworth & Whitney,
6c
(quar.)
S:?
1
6%C
,
25C
9-30
$1
common
9-20
9-30
BOO
—
(quar.)—
9-10
10-1
10-
$25c
9-26
25c
Quarterly
$3
10- 1
Paper Co—
1
25c
Great West Life Assurance Co.
6%
10- 1
10c
——
——
Dauch
&
10-15
(quar.)—25c
(N. Y.)
9-20
9-30
$1
12 Vac
.
9-20
*
67c
25C
10-
25c
(initial)
Manufacturing
class
7%
;
6-10
9-13*
1
'
9-30
$1.37%
►
Lumber Cp
Stock dividend. Payable in Southern Min¬
eral
Corp.
stock—w-———-———
9- 7
9-30
$1
r—
Toy. Ltd. (quar.).
Grant (W. T.) Co., common
3%%
preferred (quar.)
Gray Drug Stores (quar.)
Green
9-30
Quarterly.
(Edward)
9-20
10-
-
preferred (initial quar.)
Fisheries (quar.)
8%
10- 1
Holland Furnace Co., new
$2
1J/2C
40c
preferred
Great
——
0-23
C.)
9-20
(1X25
G2y2c
17'/2C
Utilities
12-10
6-27-47
(reduced)
50c
(quar.)
12-27
$1.50
.
Co
10-18
12'/fee
preferred
9-23
9-30
Hines
——►.»
9-20
10-15
Hinde & Dauch Paper Co. of Canada, Ltd.—
preferred
Greenwich
10-15
$6
preferred
Stores,
Fitzsimmons Stores,
50c
$1.50
—
Extra.".:——,<——L
Tire &
*
—
Pennsylvania
1
Firestone
9-17
$1.75
Sons
of
9-17
Dyeing Co.—
Avenue Bank (N. Y.) (quar.)
Filing Equipment Bureau, $4 pfd. (quar.)
(Wm.)
9-30
9-30
15c
—
Fifth
Filene's
9-14
Stores—
$7 preferred
(accum.)
Fenton United Cleaning &
7%
preferred (quar.)
Finance
9-30
20c
30c
Federation Bank & Trust Co. (N. Y.)
(quar.)
Feltman &
9-16
10c
Federal Bake S'"ops new com. (initial
(quar.)
Federal Motor Truck Co.
(quar.)
1
Corp.
9-23
Machinery
$2 class B preference
(Syracuse, N. Y.)-
Quarterly
Quarterly
9-27
10- 7
$1.50
50c
pfd. A (s-a)
preferred
(quar.)
preferred Xquar.)
Great
9-20
10- 1
15c
*
Extra*
Special
9-20
$2
1
10-11
K:;'-
Creamery (quar.)
Hibbard Spencer Bartlett (monthly)
9-19
Great
10-
10-
15C
(s-a)
Powder
2
9-13
$1.75
—
10-18
(quar.),,—
pfd.
10-
1
75c
i—-
Hinde
1
Great
:
i:
9-20
Special
9-20
(quar.)
(initial)
40c
:
10-
$1.50
—
9-10
37'/ic
7%
10-23
50c
V
8-27
9-20
15c
(quar.)
1
1
Grand
Co.
1
Co..
Gotham Hosiery Co.
11- 9
> 60c
"
-
9-30
10-1
50C
10-
(initial quar.)
CO.,
9-23
$2
37%c
10-
(irreg.)
common
9-30
1
UOc
Hershey
Gorton-Pew
9-10
10c
$1.50
—
preferred B
Fanny Farmer Candy Shops (quar.)
Farrell-Birmingham
9-21
10-
4%
9-10
25C
—
Farmers & Traders Life Ins.
1
Company com. (increased)
$5 preferred (quar.).,,
Goodyear Tire & Rubber (Canada)—
Common (quar.)
9-20
■
A
conv.
10-
10-
Goodrich
9-13
—
quar.)
(quar.)
Corp., common
4% % preferred A (initial)
conv,
75c
.
:
$1.25
9-14
10-15
10-
$1.12%;
V
9-20
1
10- 1
50C
Glass
Corp.
Hercules
30c
4%
9-16
3
9-30
30C
(increased)
Family Finance
$1.50
10-
2.
12 %C
(increased
preferred
Hercules
8-31
$1.25
Golden
Creamery Co.—
> Common
4%
10-
30C
Co.
8-31
1
(quar.),,
Fireproofing
Goodman
Extra
Bearing
8-31
1
10-
25c
Gold & Stock Telegraph (quar.)
Brothers $2.50 pfd. (quar.)
1
10-
7
9-20
9-20
.
*
62 '/a c
Goldblatt
11-15
10-10
$1.25
62yaC
.
10-
1
10-
10-1
—
$1.12'/a
Co., 7% preferred (quar.).
Godchaux Sugars, Inc., class A
(quar.)...
$4.50 prior preferred
(quar.)
9-13
(quar.)
5%
preferred
(quar.)
Ex-Cell-O Corporation
(quar.)
Excess Insurance Co. of America
Fafnir
1
10-
(quar.)
4>/a% preferred (quar.)
9-13
10-
10-21
i5c
$1.25
(quar.),
America
Motors
10-
Globe-Wernicke
9-23
Herbrand
.
Glidden Company, common
Extra
9-21
(quar.),
preferred
|22c
(initial)
Glens Falls Insurance
9-20*
$1.50
/■':
>
Co.—
of
preferred
t$1.37
Co., $3.50 pfd. (quar.)
Gillette Safety Razor Co., $5 pfd. (quar.),,
Common
(quar.)
9-16
,
10-
5c
European & North American Railway
Evans Products Co.
(quar.)
Eversharp, Inc., common (quar.)
'
5
10-1
9-16
,
(George W.) Co., common
7%
preferred
(quar.)
:
Henkel-Clauss Co., $6 pfd. (quar.)
9-20
$1.75
Gibson
Packing, Ltd.—
5%
.
10-
$1.37%
$1.50
—
(quar.)
Erie
Essex
9-30
4%
t$1.25
—
9-14
10-
$1
pfd.
1
75c
common
$5
10-
$1
$3.50
4%
preferred (quar.)
Engineers Public Service,
*
Insurance
Corp.
5y2%
9-14
—
Gilbert
Manufacturing—
preferred „(quar.)
7%
*
9-20
10-
|
0-24
10-
90c
quar.)
10-
30c
Electric
'
9-30
10- 1
Additional;
9-14
25c
Railway Signal, common
(quar.)
General Reinsurance Corp
General Time Instruments, common (quar.)
4 lA %
preferred
(quar.)
General Tire 6c Rubber, 4J/4% pfd. (quar.).
3%% preferred (quar.)
3Va% 2nd conv. preferred (quar.)
Georgia Power $6 pfd. (quar.)
$5 preferred (quar.)
George Putnam Fund of Boston
Gerber Products—4y2%
pfd. (quar.)
Gerrard (S. A.), preferred (s-a)
9-16
1
10-
30c
Emerson
9-30
9-16
25c
Helme
9-30
1
Heller (W. E.) & Co., common (quar.)—
9-16
v
1
10-
preferred
conv.
9-10
10-
30c
Refractories—
Tobacco
Hazel-Atlas
v.
9-13*
1
(quar.),
...
9-20
10-
10-
75c
General
1
9-20
9-30
9-30
30c
9-10
$1.12%
Y.)
5c
2nd preferred
Electric
General
9-19
10-
1
20c
Extra
Emerson
•
10-10
25c
Embassy Realty Assn., partic. pfd. (quar.)—
>
10-
50C
75C
Electrical Products Corp. (Calif.)
(quar.)—
Electrical Products Consolidated
(quar.)—.
Elizabethtown Consolidated Gas (quar.)
Elliott Company, 5%
preferred (quar.)
(increased
0-20
Film, Class A (reduced),
General Finance Co., 5%
6% preferred B (s-a)
$4
9-10
10-
Common
9-20
$1.50
Fire
Haytian
9-23
1
10-1
56y»c
(quar.)
$5.50
9-20
$1.75
-
1
10-
6%
Investors—
preferred (quar.)
General Public Service, $6
9-13
1
Electric Power 6c Light, $6
pfd.
$7 preferred (accum.)
•
10-
15c
—
12-18
10- 1
$3 non-cum. preference (quar.)
Brewing Co. (irreg.)—
Hawley Pulp & Paper, $6 2nd pfd. (quar.),,
Havana Lithograph Co., common (increased)
9-24
$1.50
—
Cable, 4% 1st pfd. (initial quar.),,
preferred
1st
9-13
9-30
10-
75c
■
9-30
9-20
12-28
Harvard
9-21
34%c
General
9-30
Electric Auto-Lite Co.
Electric Boat Co., conv. pfd. (initial
quar.).
Electric Controller &
Manufacturing
Electric Ferries, 6% prior
.
4
(N.
9-30
25c
>
9-10
10-
50c
——'
Corp. (quar.)
General Mills. Inc. 5% pfd.
(quar.)
General Motors, $5 preferred (quar.)
(Texas)—
pfd.
$1
1
9-16
25c
—
10-15
10-
9-20
10- 1
$1.06 y4
*
preferred
Hartman
10-15
10-31
20o
Certificates of beneficial interest
9-20
1
11-
Gas
10-31
55o :
Walker
Hartford
9-30
10-15
—
(quar.)
Transportation—
preferred
conv.
General
9-10
11-
Manufacturing Co. (quar.)
9-18
10-31
0-30
20c
—
10-15
12Vfec
2nd
(quar.)
Natural
I
10-25
General Industries Co., b% pfd. (quar.)
General Instrument Corp. (increased
quar.)
General Investors Trust (Boston)—
3
25c
25C
Co.
I:1
11-
.
5
$1.06%
Works
Electric
$4.50
El
Oil
9-30
4%
6%
5
9-
$1.12%
(initial)—
10-
Insurance
(quar.)
Corp., common (quar.)...—
(quar.)—
;ii
5°fo 2nd preferred (quar.)
Harris Foundry & Machine—
5% preferred (initial quar.).
Harrlsburg Gas Co., 4J/a % pfd. (quar.)—
Harris-Seybold-Potter Co., $5 pfd. (quar.),,
| Hart Battery Co,, Ltd.
Hart & Cooley Co. (increased)
Hart Schaffner & Marx (increased)
.
$1
(reduced)
conv.
General
9-20
9-
'
B
General
4%?<> preferred (quar.)
1
Holders
Payable of Rec.
$1.50
^
preferred
5%
1
(quar.),
General Capital Corp.
General Controls Co.,
S-30
1
10-
-
9-20
,
10-15 "
$80C
IOC
Ekco Products Co., new common
Dorado
5%
3-20
1
10-
$1.50
Edison Brothers Stores—
El
American
General
9-20
$1.50
Ltd
10-
10-
7y»c
;
6%
9-30
l%c
(quar.),
Harnischfeger
9-30
10-15
Fire
Harbison-
9-16
iy4c
'
General Builders Supply—
Economy Grocery Stores—
Name changed to Stop &
Shop, Inc.
Corp.,
*•
■
When
Share
preferred
■
preferred
Class
•
Ltd—
1
10-18
6%
(quar.) —
Hanson-Van Winkle Munning Co. (increased)
'
9-15
10-
$35o
Payable in cash or I. G. Chem. stock.
General Baking Co., $8 preferred (quar.)—
General Box Company
(quar.)
12-20
4-1-47
25c
50c
1
10-
1-1-47
$4
25c
f
Ecuadorian
Co.
American
$4.50
.
Steamship Lines,
10- 1
37%o
—
General
12- 9
conv.
6% preferred. iquar.)
Economic Investment
Trust,
Packing
General
:
9-20
$1.50
common (quar.),,
preferred (quar.)
Eastern Township Telephone
(quar.),...—
Eastman Kodak Co. com.
(quar.)
t::$2
1
1
pfd. (quar.)—
(Mich.) (irreg.)—
Power Co. com.
(quar.)
preferred (quar.)
5%% preferred (quar.) —;
Gemmer Mfg. Co. $3 partic. pfd. A
9-15
$1.50
Eastern
9-14
9-14
10-
10-
conv.
5%
9-15
75C
—
9-13
250
Gatineau
9-20
$1.12%
.
1
28 %c
Co., 6% preferred (quar.)
General Aniline &
Eastern Racing
Assn., $1 pfd. (initial)
$1 preferred (quar.)...
9-13
10-
"
preferred (quar.)
Gariock
9-fc
10- 5
Eastern Magnesia Talc
Co., Inc.—
•y$l
5y2%
10-lft
9-1*
37 %C
Eastern Massachusetts Street
Ry.—
6% preferred series B (accum.)
104 1
75C
(quar.)
common
'■Hanover
9-14
f
9-20
—
9-14
9-20
t25c
Gannett Co., Inc., Class B conv. pid.
(Julius) & Co.—
Common
(increased quar.)
9-1*
$1.12%
prior preferred (quar.)
preferred
(accum.)—
1
1
Company
Realty,
(The) Company (quar.)
Manufacturing Co.—
:
Preferential
participating
(quar.)
Preferential
participating
(quar.),..—
Hammermill Paper, 4%% preferred—
4%% preferred (quar.).,
;
Garfinckel
10-
75c
4%#r
10-
20C
preferred (initial quar.)—,—
conv.
Gair (Robert
$1.75
Quarterly
AVi%
$1
(quar.),
10-
10- 1,
400
(quar.)
Manufacturing Co.
75c
Eason Oil, $1.50 conv. preferred
(quar.)
Eastern Gas & Fuel Associates—
*
/>«LUr-'.V"f 1 Vf'jT-WWSit
Haloid
9-14:'
$1.50
(s-a)
Ltd.
(Geo. A.) Co. 4%
1041
11-
75c
-
(quar.)
Duquesne Light, 5% 1st preferred
Duval Texas Sulphur
Telegraph Co.
1
150c
Duke Power Co., common—
7% preferred (quar.)_
Dun & Bradstreet.
Inc., 4%% pfd. (quar.),
du Pont (E. I.) de Nemours &
Co.—
$4.50 preferred (quar.)
6%
9-27
:
t$1.25
—
.■
ft"! i«-"^4 T*6#-T
Hamilton
9-14'
9-30
$1.25
10-15
Companies,
9-30
i2y2c
v
Guilford
9-16
;
>r
50c
De Luxe
125c
—
1
20c
1(.15c
;
$8
10- 1
125c
preferred
-
10-
1
..
West 6th Co
125c
com. (quar.)—.
(quar.) -.i——
Donnacona Paper Co., Ltd. (increased
s-a)„
Dow Chemical Co., common
$4 preferred A (guar.).
Draper Corp. (quar.)———i
t7%
9-16
37%c
130c
Dominion Textile Co., Ltd.
9-20
1
»
r
125c
135c
(quar.)—
(quar.)
1
10-
—
144c
com.
10-
40c
,V-
10-31
v.
\
Per
Name of
9-20
—
135c
.
1;
—-
Fox De Luxe
Franklin
___—
Dominion Tar & Chemical
Voting trust certificates
$1 preferred (quar.)
* 1*
Holders
10-
$1.18%
A—
Foster Wheeler Corp.. common (quar.)
Foundation Co. of Canada (quar.)———.
.
5%
non-cumulative preferred (quar.)
Dominion Foundries & Steel, Ltd. (quar.)—
Dominion Glass Co., common (quar.)
1%
preferred
(quar.)
Dominion Oilcloth & Linoleum (quar.)
Steel
9-26
•
15c
(accum.)
class
4Vsl% convertible preferred (quar,)
Foster St Kleiser Co.—
Class A preferred (quar.)
9-30
t$2.45
—
(monthly)
Co., Ltd., 6% pfd.
'^."i'k"
v.-.~ r-«-
1631]
Payable of Rec.
; 20c
*6% preferred (quar*)——---—4-iFort Wayne Corrugated Paper, com.
(quar.)
9-14
10-31
127 Vic
,
———
Co.,
Formica Insulation Co. (resumed)
Foremost Dairies, Inc., common—
9-20
11i
25c
Fields
Dominion Coal
t-J»»«> »«»*••> vA> * # ,«„»,-w»T.j'v. .vt-r
When
Per
Share
k\<
.
(initial quar.)
Machinery Corp. (increased)
Foothills Oil
St Gas-—-——
,w—Foreign Light & Power, 6% 1st pfd. (quar.)
2- 7
9-30
20c
'{':}■
A
Food
t$1.25
,
k
.
Follansbee
75c
■isiDominion Dairies, Ltd.—
-W'JIf ♦ *»*»>*»»*
"
9-23
Ltd.—
——
Shoe
9-23
Dominion Life Insurance Co.—
•
Florsheim
9-30
750
Crucible
$2.50 class A (quar.)..
Dome Mines, Ltd.
(reduced)
'
5
9-28
25C
_—
——
Corp. (quar.)j;——
Company, common
Cup
Name of Company
Florida Public Utilities, com.
4%% preferred (quar.),
5
*1Q-Vli*
15c
5%
preferred (quar.)—
District Theatres
Dixie
'■*■*»
■k
'-''V'.'.l
Car1 (quar.)
Distillers-Seagrams,
10-
^,250;.).
Co.r^tt,^ />.y^J.r--
Motor
10-15
10-10
30c
~
(quar.)
participating preferred (s-a)..
Diamond
10-
250
,
10-15
20C
Diamond Ginger Ale
»*)-l-
*'.» *Mf
Holders
Payable of Rec.
20C
-
,
Detroit Steel Products
Devoe &
Raynolds, Clasa A (guar.,.—
■~-Class ;B (quar.
6%
When
Share
Michigan Stove
Extra
kWlivlif*,W»'i.;*V» V
THE COMMERCIAL & FINANCIAL CHRONICLE
Per
Detroit
&f d&l uJiW.&l t'i'J^ flfa
'
£»^ti'.ari;1 *-ir.liryii'nV'ff •WU+ii# £ J
,
V:;,
»^(1*W».J '
THE COMMERCIAL & FINANCIAL CHRONICLE
Per
Holders,
When
Per
—
25c
7
10-
1
15c
10-
9-16
10-1
75c 7
Macy
9-10
7
'.
H.)
7,
9-10
10-15
10-
10-
1
20C
Maine Central
RR., 6 %: prior pfd. (quar.)__
$1.50
Manatl
-
Sugar
6%
xl%%
preferred (quar.)_
Co.
Trust
Y.)
XV/4V0
Manufacturers
xl (4 %
(N.
(quar.)___
Marathon~Corp7,"$5
preferred (quar.)—'
(quar.)
preferred (quar.)
Telegraph ti Telephone Co., Ltd.—t
Marchant
$1.50
^ $1.75
Marlon
Maritime
31 (4c
Common
$1.06 (4
7%
(quar.)
Marlln-Rockwell
(M.)
Marshall
&
Field
&
10-15
10- 1
4(4* pfd.,
6% preferred
(quar.)__
(quar.)__
10- 1
Massachusetts Investors Trust
$1.75
10- 1
Massey-Harrls,
15C
10-1
10-
Ltd.
Alkali Works,
preferred- (quar.)
7%
10- 1
McAleer Mfg. Co., 5*
$1.12(4
10-
McBee
1
10-
$1.75
10- 1
$1.25
10- 1
50c
10-1
0-30
20c
25c
10- 3
15c
10-31
$1.25
10-31
•
6%
10- 1
9-20
7:
new
9-18
National
1
9-14
9-30
10- 1
9-14
National
9-25
National
10-
5
9-20
10-
1
9-16
9-16
10-
1
10-21
9-30
10-15
8-26
9-10
25C
9-30
Mead Johnson
Extra
4%
&
Mengel
(increased)
Tea
4V*%
Co.,
Naugatuck Water
Nehi Corporation
New Britain Machine Co.
10c
10- 1
9-20
New
$1.50
10- 1
9-20
11-30
10- 1
Co.
• '
75c
20c
-50c
-
~—-—».
$12c
(irreg.)
Brunswick Telephone
Ltd.
Co.,
(quar.)
•
9-30
25c
9-30
9-30
9-18
870
10- I
9-18
% 9-18*
New
Clock
Haven
4(4%
& Watch—
convertible
New Idea,
43/4%
(quar.)
Inc
pfd.
York
New
preferred (quar.)
Y. (quar.)
Newark
;
Co.—
50c
9-30
9-13
25e
10- 1
9-13
87(40
$25c
10- 1
9-12
(quar.)
11- 1
1
10-15
9-16
10- 1
9-16
25c
'$1
$1.75
>
_
(increased)
Co.
Trust
Machine
Mesta
50C
10-
62 (4c
Co._
Metal
9-30
9-25
Metal
$1.75
9-30
(quar.)
Co. (Ohio)—
$1
,;6%
$1.50 v
preferred (quar.)
Newberry (J. J.) Co., 3%% pfd. (quar.)_
Common
(quar.)
Newport Electric Corp.—
3%% preferred (initial quar.)..
'6% preferred (final)
Newport Industries, 4(4% pfd. (quar.)
Niagara Hudson Power—
'5%
1st preferred (accum.)
Niagara. Wire Weaving Co., Ltd. (quar.)
93%c
'
25c
97(4c
S10- 1
9-5
25c
v 10- 8
9-26*
15c
Forming Corp. (initial)
& Thermit Corp., 7% pfd. (quar.)
Edison, 3.90% pfd. (quar.)
Miami Copper Co. (quar.)
Michigan Associated Telephone—
6%
preferred
Electric
North
American
10- 1
25c
$2
11-15
62 >/2c
10-
$23c
1
1
Missouri Power &
25C
10- 1
$1
10- 1
750
•
'
(initial
quar.)
t,j97(4c,
lOrxl
11- I
37(4c
Mohawk Rubber
10-15
710-13
'
; 10- 4
10- 7
$1.50
•
9-25
30c
$1.25'
10-
10- 4
Co
I
:
50c
1
31 (4c
10-15
50c
10-15
11-
9-30
9-30
1
10-18
10-1
15c
■
Monarch
9-17
10-15
25C
$1.12(4
Extra
i Mojud > Hosiery Co., > 5 % 7 prefqrred_^i.^.-«J^
Molybdenum Corp. of America—
i
9-20
15c
10-1
9-20
12(40
11-1
10-21
Knittinar Co..
10-15
A
1
Nova
1
Novadel-Agene Corp. (quar.)
Nu-Enamel Corporation (extra)
25c
(s-a)_
10-
$1.62(4
60C
-
$1.75
10-
$20c
10-
1
Telegraph
$48c
10-15
Works
(quar.)
(quar.)
Monumental Radio Co. (Bait.)—
$1.10
$1
c
12-10
(quar.)
Corporation, Ltd.,
50c
11-22
3-10-47 2-24-47
$1
C
$2
:10- 1
9-21
.1-2-47
12-21
30c
v
10-
1.
10c".
v-
10-
1
10-
1
9-20
9-30
9-13
7j/2C
•
37 (4 c
7 $$1
$$1.75
30C
.
7
.9-16
9-30
9-10
■
9-30
.
-;
9-10
10-25 '
10-
9
10-
1
9-25
$2
10-
1
9-17
25c
10-
1
$1.75
10-
1
;
'A;.
$2
9-9
9-9
10-15
12(4c
9-30
37(4c
'
9-16
30c
:
Moore
10-21
(Wm. R.)
10-25
$1.25
31(4c
37M.C
$12(4c
25c
$1.25
10*
Morris
Plan
Royal
Mueller
9-30
11-15
9-30
11- 4
10-15
9-20
1
9-30
: ;
9-
Society
(quar.)_'_—_
Hotel—_*7_____—
8-30
1
8-30
1010-
1
1
9-13
59%C
10- 1
10-
1
8-30
-
1
Old
62(4o
10- 1
$1.75
v*
9-21
1
9-24
10-
$1 ?12- 2
$35c.
39-30:
Ontario
Ohio
6%
Chemical
Co.
of
■
6%
convertible
Voting trust
6
National
National
7
7%
Bond
Co.
preferred
Cash
National
Casket
.
Ltd.,
: 10-15
$1.50
Ce^uiose
*
$7
Corp.
J
7
(quar.)
—-r
Pacific Car & Foundry,
10-
1
common
(quar.)
(quar.)
*
(quar.)__i________
preferred'-.(quar.)
(.initial)—
-
_
Eastern Pipe
preferred
4%
Pax
a
&
Tiiiord, Inc.
$1.06(4
——-—-
:
*
;7; "
s
•
—
(quar.)l 7 '■
-
.
7;
.
-s—*
w-" 7.
10- 1
37(4c
—:—--
10-1
19- 1
$1.12(4
r%'-!
(quar.)
preferred
(quar.)___
8-18
8-16
"<
_—_———,
Line—
(quar.)_
9- 2
\
,
Paraffine' Companies, 4 %
9-30
10- .1
10- 1
$15c
$$1.25
(quar.)
Pacific
1
10-15
9-20
10- 1
$80c
12(4c
15c
$6 preferred (quar.)
$1.50 >'
Pacific Gas & Electric
(quar.)__—
7
50c
Pacific Indemnity
(quar.)
7..,
50c"::
Pacific Lighting Corp., $5 pfd. (quar.)_;—r_"
$1.25
Pacific Petroleum Ltd. (initial s-a)—
T5c ;
Pacific Telephone & Telegraph, com. (irreg.)
$1.50
6% preferred (quar.);
■:
—: - $1.50
Packer
Corporation
(quar.)
50c
Page-Hershey Tubes, new com. (initial).—
$31(4c
Can
Co.
10-15
10-
10-15*
-
>
——__
Power
9-20
9-16
11-15
10-10
11- 1
$35c
i;
(quar.)___
Investors, Inc.—
preference (quar.)
Panhandle
Co.;
r"
—.—
common
common
>
9-3
9-30
9-20
9-18
9-18
9-13
9-13
' '
preferred
•
9-16
7
Power Co., Ltd.—
37(4c
(quar.)
(quar.)
(s-a)
Pacific American
12-9R
7;
~-~
Share
Register
Railway
$25c
(quar.)
•.
Company,
&
Breweries,
National
National
7
37(4c
(s-a)__
shares
Battery
National Biscuit
National
preferred
Securities—
10c
.V
10- 2
10- 1
11-15
7
"
(quar.)
(quar.)
Co. j[Minn.)—
$4.25 dividend series__
$4.50 dividend series
5 %
$1.50
Nathan-Strauss-Duparquet—
Nation-Wide
Electric
Otter Tail
America—
Ltd.
Debenture
&
7% preferred (quar.)
Oppenbeim Collins & Co. (quar.)
Orange Crush, Ltd., 70c conv. pfd.
(quar.)_
(quar.)
preferred (quar.)
System, 6%
oan
Common
(quar.)
Mutual Investment Fund
Nanaimo-Duncan Utilities.
l
Ottawa Light Heat &
preferred
Mutual
\
Ontario Steel Products Co., Ltd. com. (quar.)
Ottawa
America, 4% pfd.
Manufacturing Co
9-14
10- I
$5
$1.50
—
7...,.
Corp., common__________—
—
preferred (quar.)
—^
Co., Ltd.—
Participating convertible preferred (quar.)
Co
of
$2
$25c
$$1.25
» $25c
$$1.75
50c
20c
Omnibus
9-16
(quar.).
10c
25c
(quar.)_
Ontario Beauty Supply
11-26
1
1
1
1
1
1
.
Insurance (quar.)
6% pfd.: (guar.)
Colony
Inc.
Common
Telephone & Telegraph Co.—
9-20
9-20
8-28
9-11
9-10
9-16
9-10
9-10
9-23
9-23
10- 1
10-15
10- 1
9-30
9-30
9-30
$1.25
non-cum
Omar,
Muskegon Piston Ring
Mutual
(quar.)
(quar.)
pfd. (quar.)
3.90%
9-16
9-14
9-19
9-30
10$1.12(4 7 10$1.25
1025c
10$1.25
1097(4c
10-
—
preferred (quar.)
Oklahoma Gas & Electric, 4%
pfd.
9-13
10-
common
9-21
Service Holdings—
$5
;
Brass
Murray Corp.
9-16
10-
1
10-
*25c
$1.50
50c
$1.10
6%
Murphy (G. C.) Co., 4%% pfd.
Murphy Paint Co., Ltd. (quar.)
Murray
10-
$1.50
Quarterly
9-30
^
'10-15
Insurance
Mountain States
$55 (4c
(quar.)
preferred
Service
Public
Ohio
'
convertible
Mount
9-20
15C
preferred (quar.)_______
Morrison Cafeterias
Consolidated, Inc.—
7
7% preferred (quar.)
1
9-13
e
10-15
-
$2.50
7
10-1
t$1.75
Dry Goods (quar.)
Moore-McCormick Lines—
9-20:
*•
10- 1
10- 1
10- 1
10- 1
9-30
10c
$1.25
(quar.)
Co.,
convertible
$5
t $ 1.75
—
—
9-20
10-31
$2
;
9-30
$1
50c
common (quar.)
preferred A
7%
preferred B
Moore Drop Forging Co., common_—
43,4 %
convertible preferred———
11-22
12-10
common
____________
common___*.__-..*._;——_
pfd,
(quar.)
prior pfd.
Leather
Ohio
Ohio
7%
3-10-47 2-24-47
50c
5%
1
Locomotive
Co.,
preferred
4.40%
Ohio Finance 4(4 %
10-15
Montreal
t
9-30-
10- 1
10- 1
10-15
50c
15c
pfd.
Ohio: Edison
10- 1
Montreal
V
9-20
10- 1
$2
$$1.50
:
Corp. com. (quar.)
(quar.)_^___^__^_^—
—
Ogilvie Flour Mills, Ltd., common (quar.)—
Ohio Cities Water, $6 preferred (accum.)
12- 2
10-1
/ $1.25
(quar.)
Light & Power (quar.)
Scotia
9.75%
1
(quar.)i_
Moore
9-15
10- 1
l] 40*^410^' ' 9-21
O'Sullivan Rubber
1
10-1
15C
(quar.)
9-H
9-14
•
•
preferred
8%
10-15
10-
87 (4c
Montgomery V/ard & Co., common (quar.)
Class
1010-
1
■'«
■
Worcester RR. Co.-r
10-
$1.75
$3.50 preferred (quar.)
Monsanto Chemical Co., $3.25 pfd. A
Montana-Dakota
Utilities,
common.
preferred
Extra
Norwich
62'/2c
6214c
(quar.)
9-26-
9-19
-
v
j93%c
_
.
$20c
Monroe Auto Equipment Co., 5% pfd.
Monroe Chemical Co., common—
5%
Greyhound" Lines—:
9-30
10- 1
10- 1
10~ 1
preferred—|14>0
12 (4 c
common
Monongahela Valley^ Water Co.—
7% preferred (quar.)___
$8%c
25c
9-26
10- 1
.
:
C
Oils, Ltd., 7% pref. (accum.)
Ry. (guar.,
9- 3
9-14
9-14
-
.
:
•
'
1
1
1
1
(Minn.)—
preferred (initial quar,)90c
10-15
Northwestern Electric Co.—
*6% origtnal pfd.^ (quar.)**irw=-_7^7..^_.;^'73 $1.50 '° 10-1
^7% pfd; (quar;)
' $W5;- ' 10- 1
Northwestern Leather Co.—lf' $2.50 coiwertible preferred (quar.)l*^^_-.i - '62(4cw>i0-"l
Northwestern States Portland Cement (quar.)
40c
10-1
Mobile Gas Service, com.
35c
10-1
(increased quar.)_
4.90% preferred .<quar.)i,_7-__——
7.77 $1.22(4-; 10- 1
Modern Containers* Ltd.,\ com. (quar.)
$30c
10- 2
5(4% preferred (quar.)___-l____-__-_«-7 $$1.37(4
10- 2
.
1
9-25
$3.60
Light—
preferred
(irreg.)
$3.75 preferred
(quar.)
Northern States Power Co.
Minnesota Power &
3.90%
Star
SOc*
50c
/
■
Northland
Milliron
10-1
10-
North
7%
12-31
62y2c
A—;
Northern Ohio Telephone, 6%
1
56 (4c
87(40
20c
50c
(quar.)_
B
North & Judd Mfg. Co.
(quar.)—
common
10101010-
—
pfd.
preferred (quar.)
American Rayon, class
.Class
9-16]
v
approval of
to
7%
Northern Central
10-15
10-
(subject
Finance,
prior
North
prior preferred (quar.)__
(D. J.)
(quar.)
Light, 5% pfd. (quar.)__
Mississippi Power, $6 preferred (quar.)_
30c
30c
10-
80c
^
'
SEC)
American
9-18
' 9-2D
> 9-20
11- l-
,
Millers Falls Co.,
10-15
lie
the
North
9-24
42c
(stock dividend)
& Electric for each
Piping & Supply (irreg.)___.
Manufacturing Co., class A (quar.)___
Miller-Wohl
Co.
(quar.)
;
4(4% convertible preferred (quar.)
1,0- 1
50c
10-
(quar.)__
10- 1
9-20
Corp.—
shares held
100
common
Miller
9-30
$3
Products,
non-cum.
Midwest
1
37 (4c
250
Steel
preferred (quar.)__
8%
preferred (quar.)
Midvale Company
(quar.)
1
%t
-10-22
Pacific Gas
share
9-30
10-16
9-16
9-16
(initial)
American Co,
One
preferred (qu&r,)__.
Midland
10-15
10-
50c
.
$2.40
10-15
$$1
$8c
preferred
$2
North
Mickelberry's Food Products—
$50c
<-
(irreg.)
Car
10-10
11- 1
10- 1
$1.25
11- 1
125<r • 10- 1
30c
10- 1
20c * 10- 1
50c
11-15
50c :
9-30
50c
10-15
(quar.)
Corp.
9-20'
9-20
9- 6
v
t
Nineteen Hundred Corp., class A (quar.)
Noblitt-Spark.*. Industries
__
9-10
10- 1
,10- 1
10-1
$1.56
$1.06(4
—-
Noma
6% pfd. (final)
preferred Series 1940 (final)
Junior preferred (final)—1__,
$6
Co.
Special
(quar.)
Michigan Public Service,
6%
Nicholson File
'
-
9-10
9-14
9-23
9-23
7 9-13
*"
93%c
_____
9-20
Metropolitan
9-20
9-20
9-20
10- 1
10- 1
10- 1
56(40
$1.18%
(quar.)
Telephone
10- 1
10-15
10- 1
10- 1
22 (4c
——————-
& Light, 4% pfd. (quar.)^
„
&
Company, common
(quar.)
Mercury Mills, Ltd. (quar.)
Merritt-Chapman & Scott (reduced).
9-20'
9-30
9-16
•
(initial quar.)
preferred
New London Northern RR Co.
preferred
i 9-19'
9-30
10-15
,
10-19
M Quarterly
$3.50
9-19
9-19
11- 5
10-16
10- 1
10- 1
11-15
11- 1
10- 1
<
50c
$1.12(4
53(fee
Laundries', $6 pfd.- (quar.)—
$1.5$
1M
New England Power Association—
< '
$2 preferred (accum.)
50c
10- 1
6% - preferred. (accum.
;- ■; $1.50
10New (England Power Co., 6% pfd. (quar.)—
$1.50 '10-1
New England Telephone & Telegraph Co.— <f i'.
11
Quarterly ———.—$1.50"
9-30
New Hampshire Fire Insurance (quar.)___—
45c
10- 1
11-29
$850
62(4c
Extra
Merck
9-20
9-15
9-16?
10- 1
-10-15
10- I s
30c
$37(4c
40c
New England
43 %C
1-21
9- 9<
9-20
10- 1 /
15c
preferred (quar;)—
(s-a)__—
9-10
New Jersey Power
Transportation
9-14
37 (4c
Supply (Pa.), $2 preferred (accum.)
preferred
(quar.)
9-20
(quar.)
Miners
9-16
9-16
1-31-47
$1.50
—
New Orleans Public Service com.
Company
&
Co.
9-30
•
(s-a)
Mercantile Stores, 7%
Merchants Bank of N.
Merchants
Radiator
10- 1
$1.75
(quar.)—
Co.
9-20
-
1'
10- 1
25e
—.
(quar.)
-12V4c
_—
preferred
9-28*
9-15
10- 1
,
_____
Screw &
4(4%
preferred (quar.)__—
McKee (A. G.) & Co., Class B (quar.)
McKesson & Robbins, $4 pfd. (quar.)
McQuay-Norris Mfg. Co., common (quar.)__
preferred
preferred
prior
National
noR-cum.
4(4%
•
.
•
Pumps Corp.—
National
25c
'-t
>1.12(4
-
,,
,
Manufacturing Co. (quar.)
National Stamping Co.—
6%
convertible preferred (s-a)
National Steel Car Corp., Ltd.
(quar.)
National Sugar Refining Co. (increased)-*-.
9-15
10-1
6%
.
-
f
10c 7 10- 1
(initial quar.)
common
1
10-
9-6
9- 9
10-14
.10-1
'
•
9»Hf
-
10- 1
9-30
11- 1
.10-12
10- 1
(initial)
4(4 %'preferred' Initial (guar.),,
National Pressure Cooker— >
10-
9-16
10- 1
15c
12(6c
common
;
9-20
1
10- 1
common
(quar,)
McClatchy Newspapers, 7% pfd.
(quar.)—
McColl-Frohtenac Oil, 4% pfd. (Initial)
McCord Corporation, $2.50 pfd. (quar.)
McCrory Stores CorpJ, common (quar.).—__
$3.50 convertible preferred (quar.)
McDonnell Aircraft—-
1
12 (4 c
$1.50 conv; preferred (guar.)—————
National Linen Service (stock-dividend—*
$25c
Preferred
9-30
30c
National Motor Bearing,
Common
10-15..B-i-SO;1
>
87(60
.—-—-—<—
National Malleable & Steel Castings (resumed) -7
9-20
.
$15c
12(4c
$1.50
(quar.)
9-20
10-
$1.50
20c ;
$15c
(initial quar.)
Lead Co., common
preferred B (quar.)
6%
9-26
(Irreg.)—___
A
National
9-16
^
$37(6c<"' 10- 1.
9-11
;
37(40
conv.
Class
10- 1
9-30
^ 10-10-16
• . 10- 19-24
9-30 '
8-30
>
400%
*
->
(quar.)
common
9-30
10-15
10-15
$1.06 y4
dividend)*.-.--
(guar.)
Co., Ltd.,
$1.50 preference: (guar,)
NationalHosiery Mills— v-
0-10
10-15
a
Co.
Gas
10-15r
10-10
11- 1:"
,11- 1
.10-15
50c
♦
,
60c
50c
(stock
Products-
Fuel
Grocers
_
iquar.)
:
>
9-15
10- I
Food
National
National
9-15
10- 1
$$1.25
;—J_-_
pfd. (quar.)___
Company, common (quar.
$1.12(4
National
2
$1.12(4
37V4c
(Interim)
com.
Mathieson
1
9-25
10-
10- r:
15c
10* l
$1.25
'
10- 1
10-1
.
25c
$1.50
1
•
9-20
40c
$1.25
'
10- I
50c
preferred (quar.)
Maryland Drydock, common (quar.)
4(4% preferred (initial quar.)
Masonlte Corporation, 4(4 % pfd. (final)
10-
"
9-24
20C
Marven's, Ltd., 5%
1
$1.50
7
10-1
$1.25
(quar.)
Co.,
Co.,
Martin-Parry Corp.
(10-
Folding Box Co
$1,75
(Chicago)
Sons
Marshall-Wells
1$17c
National
37yac
Market
Marsh
r
9-27
$17(4C
preferred B
(quar.)___
Basket, common (quar.)
$1 preferred A (quar.) __________
87 '/2c
(quar.) $0.296875
(quar.)__
7,
25c
: 9-23
1
'
pfd.
conv.
Eire Insurance
10- 3
60c
7(4c
Enameling & Stamping—
I20C
Calculating Machine
Water Co.. 7%
7
4%%
National
7 10- 1,
10-15
40c
7,
Department 8tores Corp.
National
10-
60c
Mapes Consolidated Mfg; Co. (quar.)__—__
$1.25
Container
National
•
25c
(quar.)__
National
f:
.When
Holders
Payable of Rec.
,.t
Share
-
!
9-13
30c
Mansfield Tire & Rubber, common
X$1.75
r
,
9-30
25c
—
--y:
9-30
25c
Manning Maxwell & Moore (quar.)
'Per
r_.y«• i...,
.
Company
Company
10-15
V
50c
(R. C.)
Name of
National
1
.10-15
50c
62 (4 c
9- 9
20c
$6.25
;7 50c
1 ; '
13 %c
Mahon
$17c
;
10-
(initial)-—___
55c
50c
-
.■
~7~"
Payable of Rec.
40c
Co., $2 Class A pfd. (quar.)
Mahoning Coal RR. Co. (irreg.)
50C
-
.WhenHolder*.
,
Share
7".
& Company
Mading Drug Stores, common
v*
"9-24
10-17
(R.
preferred (quar.)___—_______
Magor Car Corp—
—
9-9
1
' 10- 1
$1.50
'
Nam* 6f Company
Payable of Rec.
Share
Monday; September 30, 1946!
%
9-14
9-30
9-30
-
9-30
10-15
10- 1
10-15 .
11-15
9-30
10-15 *
10-15 •
10- 1 -
9-23
9-23
9-23
9-27
9-16
9-31
10-30
9-16
9-30
10- 5
9-14
7
i.7* *
$1
10- I "■ 9-12
$ 110-1510-1
,
75c 7
II-^5
10-23*
HJDMOHHO a.AIOVtAVm S JAI0&XMMG3 HHX
vSiS'?®
'vSf-'isrfKwJqsS
r.isfewyAw*
.Volume 164
'r.WWp'V*'1'
r^;r%>UctL*&*ytit rj~B&finvr*W pK ■>
*
THE COMMERCIAL & FINANCIAL CHRONICLE
/Number *4529
1633
■f fl
■.
-
i "Y
-1'1
^
——; -.* "-T'
■■
^
^
'
N&mtpfjQovipqny^i
When
i:per-v
.^ii
<
.Share
v*;'r
Holders
•
(quar.)__—-
30o
10- 1
a10-. 1
9-20
11-15
10-15
i-
$75c
-a"
9-i0
10-1
9-14
1-1-47
12-14
11-
;
50c I
-
»
!
,
.
„
Renfraw
$1
9-13
Republic Steel Corp.,
Reymer
$1.25
10-
9-13
Reynolds Metals Co.,
30c
10-
9-10
$1.12%
10-
9-10
12 %c
• 52c
$1
$1.25
10-
9-16
40c
.
$1
$1.75
(quar.)
,
.
Pere. Marquette Railway-—
.
6%
.
;
1
**.—
9-16
10-
9-16
7%
10-
9-
7%
9-20,
Richfield
9-11
Richmond
11-
1
10-
7
10-
1
9-
pfd.
Erie
9-30
jf9-20
8-31
•
.j-9-30
(quar.)
1
9-20
10-25
10-
11- T
I
10-
1
10-
1
9-
3
10-
1
9- 3
"9-20
10-1
$1.12 %
$1
30c
250
35c
10-
1
9-20
9-30
8-30
9-30
8-30
10-15
9-20
10- 1
9-15
62%c
40c
10-22
10-
lo-ia
iW-
A
1
933/4C
10-
37 %C
9-14
10-15
11-
11-
9-30
10-15
1
1
10-15
ll-.l
$1
$1.75
1
9-13
9-14
9-30.
10c
20C
11-
1
11-
1
10-15
11-
1
10-
1
9-30
9-14
1
5%
K.)
(H.
Co.,
preferred
Power
'
—
Pratt
&
Prentiss-Waters
Pressed Steel
9-30
10-
9-20
$1
,k
1
10-15
9-30
15C
10-1
9-16
50C
10-
1
9-13
10-
1
9-21
10-
1
8-26
'
$1
—
9-25
9-20
15c
—
62 %C
9-14
.4 *$1.50
9-20
* 75c
—
60c
—_—
San
pfd. A (quar.)(initial quar.)—-—-#
Presion East>Dome Mines, Ltd. (reduced)
Procter & Gamble 8% pfd. (quar.)
.
9-16
$2
Providence
Provincial
Public
Paper
National
Co.,
Bank
RR.
(quar.)——
6%
7
%
5%
10-
(N.
Co.
preferred (monthly)
preferred (monthly)
preferred
10-
58 %C
-_
—
10-
Public Service Corp. of New Jersey, common¬
er preferred (monthly)
6%
Public Service Co. of
Okla., 4% pfd. (quar.)-
8-30
9-13
11-15
10-15
10- 1»
6%
9-16
9-30
10-
1
9-14
'
10-1
10-15
10-
11-
10-4
$62 %c
1
10-1
25C
(quar.)—:
9-10
7
9-20
10- 1
0.20
10-10
9-12
$1.50
11-30
1st
preferred
9-30
9-10
87%c
10-1
9-16
30c
10-1
9-13
20c
10-19
9-30
-25c
10-25
9-31
$1.50
10-25
9-31
93 %c
10-
1
9-
60C
(quar.)
Railroad
(quar.)
Employees Coro.,
80c pfd.
(quar.)_
(quar.)_
Railway Equipment & Realty, com.
6% 1st preferred (quar.)
Ralston Purina, 3%% preferred (quar.)
Rayonier, Incorporated, $2 pfd. (quar.)
-
Raytheon Manufacturing Co.—
$2.40 convertible preferred (quar.)
Reading Company, 2nd preferred (quar.)—
Real Silk Hosiery Mills, Inc.—
;; i $5
prior preferred (qugr.)
*5
$7
preferred (quar.)
Reece Corporation
(quar.)
Reed Drug Co., common (quar.)———.
Class A (quar.)—.
—
—
,
Roller
Bit
(quar.)
Reeves Brothers, new common
10-
1
9-13
Regent Knitting Mills,
Reliable Fire
■
Quarterly
Reliable
■
Insurance
Stores
Extra
Ltd
(Dayton Ohio) ~~-
i.—
(quar.)
1
9-13
1
9-13
1
9-23
7%c
10-
1
8%c
10-
1
9-14
9-30
9-16
10-
25C
$256
9-14
9-
1
3
10-15
9-15
10-1
;
9-2*
10-
40c
r
1
12%
*;•
9-25
Common
(reduced)
$2.10 convertible preferred (quar.)
3%%
preferred
(quar.)
10-
10-
15c
52 %c
k
10- 5
11-
1
:
'9-25
10-
9-19
19- 1
$1
: '
10-
93%c
10-15
<
,
.
1
-
10-
30c
9-30
$1.40
Co.
Street
Investment
(increased)
Products
Stix
9-18
Stokely-Van Camp Inc>-*
9-18
10-15
;
&
Fuller, 7%
prior
preferred
preference
43%c
(quar.)
-'
*
h
,1,
;
9-30
Sun
Sun
11-1
10- 1
9-11
11-5
10- 5
50c
10-1
9-10
17%c
17%c
6-30
12-30
i
10-1
10- 1
9-11
'
(quar.)
(irreg.)
'.;'f 50c
10-
1
25c
Class
$1.25
(quar.)__**«*.»
10-1
10- 1
10c
—•
30c
*********
1
Mines,; Ltd.
A
Extra
9-20
9-t^
9-30
12-16
1
9-T,r
10-
1
0- 9
10-
1
9-139-20:
$1.13
■
$$3.75
10c
10-
1
;
10-1
10-
9-20.
9-13^
1
9-30
8-3J
30c
10-
9-16
40c
-
10-
8-3U
25c
*
1Q-
$1
(quar.)
; 9-23
12-5
10-
75c":
*
8-lp
9-16^
9-30
9-30
$1.25
11-
62%c
if
9-20
10-
75c
com.
9-20
■
10-
$3c
-
— -
I
9-16
10-
• *s 15c
*_—**-j******__-;**.***'_****.*«*:!""" ■" 10C
*
preferred (quar.) —
56%c
Tamblyn (G.) Ltd„: common (quar;)****'
$20c
Extra
_____***-*-*1a***-***_^:y:.:;y. $5c
4% preferred (quar.)**
—*«
:
$50c '
Taylor Instrument Cos.*
25c
Technicolor, Inc.
'
:
25c
9-14
9-16
9-20
'
10-1
10- 1
15c
******
'
11-30.
1
i;
10-L
4%%
9-14
10-1
Gold
.
10-
10-
10c
*
5%% preferred (quar.)
Taggart Corp., $2.50 preferred (quar.)*
Talcott (James) Inc. com. (quar.)
9-18
'10-
10-10
common
Corp., .common
Tacony-Palmyra Bridge
•
—-
*
Syivaxute
1
9-30
12-12
50c
$$3.75
(quar.)*
company (quar.)—*—
Sylvania Electric Products, common*,*.
$4 preferred (quar.■)*«*«***—******
9-21
"v?
*——
(Canada)
Swnt
12-20
25c
"
9-30
10-
$1.25
********
9-20
$1.25
(quar.)*^—
9-30
15c
'
,
$4.50 preferred A- (quar.)
*******
Assurance Co. of Canada (quar.).
Sunshine Mining Co.
(quar.)
Superior Steel Corp. (quar.)**—
9-23
9-30.
10-15
25c
Sun Life
9-30
10-15
$$2.25
62%c
Assurance
Chemical
-
$7c
—
Life
12-10
,
(quar.)
Stop & Shop, Inc., new com, (initial)
Stratford Pen Corp.!****
Strawbridge & Clothier, $5 preferred (quar.)
Stromberg-Carlson, 4% conv. pfd. (quar.)
9-23
11-1
Baer
5%
9-18
*25c
.■
*
9-13
;
9-ir
11- 1
Engineering
9-12
*40c
(accum.)
9-30'
60c
*
—
*
(quar.)-******-****»_-
Screw
..
1
10-
1
10-10
10-10
10-1
1
*$1,07
10-
3iy<c
r
_
t
60c
Co.x(quar.).
20c
Stedman Brothers, Ltd. (quar.)___^_:
*15c
Stecher-Traung Lithograph (irreg.) ********50c
Sterchi Brothers Stores, common
(quar.)__
12'/2c
Sterling Drug, 3V2 %
preferred (quar.)
87Vic
Sterling Engine, 55c ccnv. pfd. (quar.)
1*
133/4c"
Sterling, Incorporated "***_*_>;*i***** 1**
12 Vic
9-10
9-30
'
$10c
Steel
9-12
10-
" 75c". 10-1
' "
'
^-**_.
•*l0c
State
10-0
9-30
(quar.)
:
9-20
10-15
preferred
10-1
1
9^8:
9- T
10-
9-14
10-
9-14
10-
9-14;
10-
9-13
■
9-20
10-19*
83%c
15c
62%c
11-1
10- 1
<10- 1
9-30
9-30
$%c
10- 1
$1.06%
Electric,
—
9-
3
8-
9
Tpck
9-20
Gold
(interim)
Mines
$5c
TelAutograph Corp. —
Telluride <Jo., 7% preferred (quar.)*—*—-
9-20
•.
■
•
9-10
10-
9-13#
10-
9-13
9-10
**
16
(quar.}.
common
4%%
5%
prior preferred
Selected Industries,
—£.iL_---:
lexthes, inc.,
$1.13
(quar.)
(quar.)
Oil
Gas
&
$1.37%
10-1
$1.12%
10-1
10-15
10-10
10-1
9-19
9-17
Williams
—
Sick's
of
1
9-23
9-20
Tide-Water: Associated
10- 1
9-16
:
9-30
9-16
10c;
10-
1
9-19
il1,
10-
31 %C
$$1.75
35c
(quar.)**—*—
Breweries, Ltd. (irreg.)
Brewing & Malting
Seattle
*15c
4%
Smith
10-
$3.75
preferred
Clothes
Timely
(quar.)
Tip Top
Tailors,
Ltd.
9-30
8-30
Toronto Iron
9-20
8-31
10-
1
10-
2
A
Toronto
$1.25
10-
1
25c
,.
8-31
11-
1
9-14
9-14
10-
4
Works, common
$25c
*50c
10-21
Mortgage Co.
10-1
9-10
10c
Twentieth
";
Century-Fox Film
Extra "
$1.50
11- 1
com,
5c
9-
6
Twin
31%o
25c
9-30
9-
6
208 South La Salle Street Coro.
9-30
9-20
9-20
$1.50
$1
10-1
9-14
10-
1
9-14
10c
10-
3
9-19
pfd. (quar.)
(initial)*
62%c
10-
1
9-20
25c
9-30
pfd. (quar.)*
$1.12%
50c
10-15
Pennsylvania Pipe Line
7%
60c
6%
:
7%
pfd. A (quar.).
Canada
Power
•
20c
62%c
37%c
34%C
Co.,
participating preferred
Ltd.—
(quar.)
Process, com. (irreg.)
preferred (quar.)—.**—*—*—***.
10-
7%
pfd.
preferred
9n.6
$l5c
10-
25c
$$1.75
-
■
(quar.)-*.
75c
,
Union
Asbestos
A
Investment
Union
11-14
Carbide
Pacific
&
preferred
■
9-is
1
***-
10-
1
9-20
10-
1
9-201
10-
1
9-20
11-15
11- 9
10-15
9-30
9-30
9- £■
9-30
9-30
10—1
*?0c
9- 6
>
9- .6S
9-23
10-
1
9-20
12-
1
11-20
12-
1
11-20
12-10
12-20
9-20!
9-30
10-15
10-
10-
1
9-16*
9-19
1
9-10
2
6:
10-
common
(quar.)—•
V
(s-a)
1
9-
10-
Co
Co.,
i.-ijicCV
12-
10-
Carbon
RR.
9-16
10- 1
9-30
(quar.)
(quar.)
9-13
9-23
' 25o
4^o
—
(N. Y.)
Rubber
&
Union
9-13{
62%c
62%c
35c
(quar.)—
(quar.)
1
9-20
10-
1
9-
3
10-
Bond
1
9-
3
9-30
Fund
United Carbon
10-15
United
10-1
"^-26
10-15
j'/' 9-30
10-15 ;
9-30
United
6%
10-
(quar.)
To.(?lu class A
B"*'i———
Dyewocd
United Fruit
United
Co.
Drill &
.-'.Class
Fuel
Corp.,
10-15
9-20
9-30
9-18
United Gas
$1.75
10-10
9-18
United
7%
(quar.)
pfd.
(quar.)
Investments,
9-13
10-15
11-1
10-15
10-
1
-
9-
6
9-19
Ltd.—
9-10
(quar.)
9-10
Corp
Illuminating
(accum.)**
1
lira
10-15
Co.
preferred A
*$1.50
50c
9-16
*
1
10-16
9-16
9-30
United
Co.
(quar.)
r
9-14
37%c
*
Corporation • (initial)
Corporation
9-20
10-
$1.50
62%c
*——.—.**——V
Underwriters Trust Co.
1
'
r 37%c
9-16
10-
__*_.
Underwood
10-10
37%c
preferred-(quar.)
Southern
Udylite
9-16
12- 2
Ji'[■*;*''$1.75'
(quar.)
California Gas Co.,
Fixture,
4%
'
Atlantic
preferred
10-
10-
$l5c
$$1.25
40c
25c
preferred B**—***—.—*—***—..«..
preferred (quar.)——
Uarco, Inc.
9-16
1
9-20
9-20
5%%
Union
Telegraph (s-a)
5% original preferred (quar.)
5%%
preferred C (quar.)
*—_—_**—
Southern Bleachery & Print Works—
Southern
10-
Tyler
8%
Lines—
Southern Advance Bag & Paper—
New common (quar. )_*_^.*k
:
&
'
.
City Rapid Transit, 5%
1
10-
/••...
9-30
101010-
(quar.)*
(quar.)——.—
9-20,
9-16
$$1.50
—
pfd.
conv.
11-15
9-10
1
9-30
58Vbc
$25c
Trinity Universal Insurance (Dallas) (quar.)
Tobacco Co., Ltd., 7%
pfd.. (quar.)
13%c
Platinum————*
10-
50c
Tuckett
0-28
10-10
94P
1
4l%c
(quar.)
Trico
9-30
50c
,
9-10
9-30
20c
2%c
$7%c
(quar.)—**—
Tri-Continental Corp., $6 preferred
Products Corp.
(quar.)—.*.
9-30
10-30
:. 9-16
10-
Torrington Co. (quar.)**
Towmotor Corp. (Initial).—
Traders Finance Corp., Ltd—
4%% preferred (quar.)—*-*-.*******—* $$1.12%
Trane Company, 6%
preferred
$1.50
Trenton (N. J.) Banking Co. (quar.)
70c
10-15
10. .1
•
11-25.
1
9-30
93%c
(quar.)***——;-*****.**-****'
9-30
Southern
2
preferred
Class
9-23
11-15 i
$1.25
-
Sorg Paper Co., 6% preferred A ("accum.)—
4-6% preferred series B (accum.)
West
9-J-4
9-13
12-
(monthly)—*_—**—
Tooke Brothers, Ltd. (quar.) ******
Toronto General Trust Corp. (quar,)—_*,*_
7%
8-31
25c
South Penn Oil, new common
South Pittsburgh Water. 4%%
1
1
(quar,).**..*—.*.**■
9-11
1
9-14.
10-
Toledo Edison Co., 5% pfd. (monthly)**—
6%' preferred (monthly )_*«.**..,**_**—
9-20
10-
11.-29
1
10-
*—_i————
1
9-30
*$1.25
10c
Society Brand Clothes (extra )**.*——*
Solar Manufacturing Corp.—
65c conv. preferred A (quar.)—.*——
Sonotone. Corporation, common
$1,25 convertible preferred A (quar.)*—
Sonoco Products Co. (quar,)—
———
South
10-10
12-12
10-
10-
—
prior pfd, (quar.)
preferred class A (quar.
(A. O.) Corporation—**i
*******
(Howard) Paper Mills, common***—
preferred (quar.) —*—*.—**—
(L. C.) & Corona Typewriters (quar.)
Southeastern Greyhound
Increased quarterly
6*
Oil—
9-30
$20c
—
Skenandoa Rayon, 5%
5%
9-
9-18
10-10
$20c
25c
$1.12%
—
10-10
10-1
4c
—
Simplex Paper Corp.*
Sinclair Oil Corp.
(quar.)
Smith
1
$30c
(quar.)
Dairies, Ltd., com. (accum.)—particpating preferred (s-a)
Silverwood Western Dairies, Ltd.—
5% preferred (quar.)*
—-.***>.—*-
Smith
9-10
9-16
:
$2.50
*
9-20
10- 1
11-
—
Silverwood
40c
9-14
Thermatomic Carbon Co.—
Canada—
(quar.)
Co.
1
25c
Tintlc Standard Mining Co
(quar.)
7%
preferred
Shuron Optical
Sick's
Co.
10-
31 %C
Thrift
Sheraton
Common
J25c
25c
59%c
common*.
preferred (quar.)***
Corp. of America—
$1.25 conv. preferred (quar.)
,25c
(quar.)**
10- 1
*
4%%
(Del.)
common*.*.****-**-.*.*—.**
15c
,
;
(quar.)*
Shellmar Products Corp.,
9-30
"
(5 preferred (s-a).—******-w**,**-**—«-v
Stores, Ltd. (quar.)_*_*__.*..**.*—
Thrifty Drug Stores, common
*
4%% preferred A (quar.)
(quar.)**.
*
Association
8-26,
9-21
'
4% preferred _.L**——.——***-.-*—-*
Textron, Inc., 5% conv. preferred (quar.)**
Thatcher Glass Manufacturing Co.—
$2.40 preferred (quar.)**.
9-11
15c
10c
(auar,)
-'Extra ',
Railway
10
$1.25
Inc.—
preferred
prior
9-30(
1
■
Texas Public Service
Rubber/';common
class A preferred
9-14.
10-15
10-
10preferred (quar.)
$1.02%
Tennessee Products; 8% preferred (quar.)** sii^lOc t 10Texas Company (quar.);
1050c
*:.__****_*-.*
Texas Electric Service, $6 pfd. (quar.)
10$1.50
T&tas Power 8c Light, $6 pfd. (quar'):
11& $1.50
!
7%
11:
$1.75
preferred (quar.)
*.'__*__
D-10
15c
10-
4.10%
$6 preferred (quar.)-* —
;$7 preferred (quar.
Seiberling
'
Tennessee.Gas & Transmission Co—
(accum.)*
Sfefcdrities/.cdt-'p. Geh&ral,
10c;
$1.75
"
—*
Royalties, Ltd.—
preferred
Hughes
'
10-19
9-13
,
10- 1
$1.25
*
(quar.)
Southern Franklin
87 %C
9-30
Vr 75c
Standard Wholesale Phosphate & Acid Works, inc.—
Quarterly :; *"*-—;^.'*-*-*>*.__**«*»—;;
^ "fcOc'
Stanley (The) Works (quar.)I**-*.*-^*
w
50c
^Starrett■ (L/ S.) Co. (increased)*****
'
75c
9-19
—*—*
Acceptance Corp.—
(increased quar.)
5% preferred A (quar.)
6%
Manufacturing Co.—,
1
50c
.'i125c
$1.12%
25c
*10c
*$1.75
Common
Reliance Electric & Engineering-
Reliance
10-
Securities
9-25
:v
10- 1.
18%c
v-;.;
Extra--u**»--*i«>l****.._*«**»**L.***;/i_'.*
9-12
,
South Carolina Elec. & Gas, 5%
50C
-
common
9-19
10-
11-
10-
(reduced)
10-10
35C
Corp.
Mines
50c
10-
9-30
-
9-16
*$1.75
South American Gold &
10-
•
Standard Steel Spring-;- ^
H% preferred (quar.) »_**_*-*__—*_u_*>,
9-20
10-
6%
Standard
't
10-
*
9-15
20c
9-20
9-16
6
$1.75
0-16
..
10-
25c
*
10- t
$1.25
Corp.—
9-30
5c
'
Steamship
Paving & Materials, Ltd.—
cqnvertible preferred (s-a)*
Standard Radio Ltd., class A (quar.)
;*
^.Class B';.^.i
'*s:***_>-*i.**—****-^*.-«*
Ltd.—
60c
,
V
9-14
—
25c
(initial quar.)
(quar.)***
(initial quar.)
———-——
_*_
Gold
Second Standard
11- 1
$3
&
1
5c
1
*_*;_-*
(quar.)
Fruit
10-
(quar.)*
common
_*___**„'__
preferred
1
62%c
;
11-
Participating
9-13
9-14
3,35% preferred (quar.)*
Seaboard Commercial Corp., common
*
5% preferred A (quar.)
—
;
$2
75c
—
Corp. of America—
$3.50
Scranton
9-16
30c
preferred (quar.)
Radio-Keith-Orpheum
Reed
9-23
-
9-30
$15c
•Quincy Market Cold Storage & Warehouse—
Radio
10-15
$1.25
(quar.)
■Quaker Oats Company, common.—,
6%
8-30
25C
preferred (quar.)
Co., 5% preferred (quar.)
Corporation, Ltd
Pyle National Co., common
8%
preferred (quar.)—
0-30
25c'
convertible
pref,
9-20
$1.25
Oil
Purity Flour Mills Ltd.
8-30
10- 1
2%%
1
Purex
9-30
$1.75
1
9-30
$1
'
Sherwin
$1.25
Corp.,
i*^f"
Standard
9-20
26%c
:
-
9-20"
?
85c
Scovill Manufacturing Co. (increased)—50c
8-30
'
9-11
1
10-
__
Sohiister (Edward) Ac Co..- 4%% nfd, (quar,) '
Scott Paper Co., $3.40 preferred
(quar.)—*
9-20
9-30
$1
1
10-
Lighting-^—**——
&
Shaler Co., common class
Extra
Sharon
9-30
$1.75
r;'
com
Sugar Refining
Shawmut
1
7%
preferred (qttar»)»«.;.i'>.ri-.iulf..;u''ll n...-.,
Vi' $5, preferred (quar.) ——T———
Publication Corp., original preferred (quar.)
Publicker Industries, com. (stock dividend)Puget Sound Power & Light—
$5 prior pfd/ (quar.)^-.,--.--^,-^,,>;-.^
Puget Sound Pulp b paper—-"———
Puget Sound Pulp & Timber, common
(quar.)
preferred
9-16
10-15
50c
;
Pure
5%
9-16
50C
Publlc Service Electric A Gas--;
Savannah
1
25c
(monthly)
pfd.
1
"
'
pfd.
4%%
Corp.,
Shaffer Stores Co.,
10- 1
41%c '
41 %c
(monthly)—-
9-16
10-
30c
new com.
Water Works,
Shamrock
50c
10-
*50c
$2
Servel, Inc., $4.50 preferred (quar.)
SeVeh-Up Texas Corp.*—***-—
10- 1
Colorado—
of
Co.,
preferred
$5.50
Y.)—
41 %C
Service
5%
5
9-16
9
10-
20c
.
participating preference (quar.)
Standard Oil of Ohio, 3%% pfd.
(quar.)**
Standard Paper Manufacturing—
9-20
10-
$1.13
$3
•
v*.
*
.
—
Savannah & Atlanta Railway Co.—
*$1.75
preferred-
7%
Trust
*
(initial)
pfd.
conv.
Sangamo Electric Co.*
9-14
$2.20
-
Quarterly
Public
9-16
/
15c
Ltd.,
&
5
$1.25
(irreg.i
Worcester
&
9-20*
V
IOC,
.■<;
•
70c preferred (quar.)
70c preferred
(quar.)
9-14
—
,
Gas Co.
9-14
^
preferred1,^quar.)
San Jose
Factors
Standard
San-Nap-Pak Manufacturing Co.—
9-21
£
A;12%C
Frpphet (Fred B.) Company (quar.)-v~
Prosperity Company, 5% preferred (quar.)Providence
4%
Industries, Ltd.
Antonio
9-
-
*10M 1/
$1.25
Paper Mills, 6% pfd. (accum.)
St. Regis Paper Co., $2.50 prior pfd. (quar.)
9-20
56 %c
4%%
Prestole Corp. 5%-pfd.
:
25C
——
9-30
$1.50
(quar.)*
class A convertible preferred
7%.
9-15
9-15
10- 1
31V<tC
(quar.)^
St. Lawrence
9-20
—
1st pfd. (quar.)
preferred (quar.)
20c
*
******
$1'
75c
^
1
75c
Appliance
—
Manufacturing Co., Ltd.—
(Jacob)
Common
9-10
17 %c
(quar.)
(quar.)
Products
Car Co.,
9-10
i
37 %c
.
..
7% pfd.
(increased)
(quar.)-.
partic.
Lambert, Inc
8
10-21
i*;.,
common.
non-cum.
1010-
10c
Corp. of Canada, 6%
6%
9-10
20c
Ltd.
Pocahontas
1
$1.75
Port Huron Sulphite Si PaperSi non-cum. preferred (quar.)—
Porter
10-
10- 1
' v
pfd. (quar.)_.
(increased)*—.
St. Lawrence Flour Mills Co., Ltd.rr
9-16
10-15
75c
9-12
6%
preferred
7% preferred (quar.)
1
10-
11 %C
—
10-
10-15
$1
'9-30
10-
$1.25
v
"D"
Extra
10-
$1.50
■
'
7c
(P. L.)
Lawrence
10-
.
—
Safeway Stores, common (quar.)
5% preferred (quar.)
Saguenay Power Co., Ltd.—
4%% preferred (quar.)**
4%
$1.75
Square
9-20*
J
10-/8;
10-
Standard
'
Works,
Safety Car Heating
St.
13%c
9-20
: rin$1.75
12-16
quar.)**
9-10
.
■
Russell
(initial
preferred
9-30
10-
W::
(initial)
Rubinstein: (Helena) Inc.; common————;
Class A (quar.)***
Ruppert
convertible
Company
Squibb (E. R.) & Sons, $4 pfd. (quar.)
Standard-Coosa-Thatcher (increased)
Rome Cable Corp.,
Ross Gear & Tool
10-15
30C
9-20*
10-1
10-15
50C
10-
(quar.)
*50c
$2.50 preferred
(quar.)
——
*62 %c
Robinson Cotton Mills, Ltd. (interim)——
10c
Rochester Telephone Corp., common (quar.)
20c
4%% 1st preferred series A (quar.)—
$1.12%
Rockwood & Co.,' 5% preferred (quar.)*—$1.25 :
5%
prior preferred (quar,)
$1.25
10-18
10-
59c
$1.75
Scale Corp.
Creek
9-16
.90c
10-15
40c
Springfield City Water, 7% pfd. A (quar.)**
'"'
6% preferred C (quar.)*_**_*.__**
:_*.
5% pfd. ser D (quar.)
Springfield Fire & Marine Insurance (quar.)
9-10
*
10-
35c
'
10-15
9-10
10-
Common
1
buc
.
Pneumatic
10-
$1.37%
10- 1
(quar.)/
50O
—
•
common
Russeks-Fifth Avenue
90c
(resumed)
10-1
$1.25
'
*
Riverside Silk Mills, Ltd.—:.
$2 praticipating class A.preferred
10-
—
Plough, Incorporated (quar.)
Plume & Atwood Manufacturing Co.
Water
Company,
Robertson
—
1% preferred (quar.)Pittsburgh
Plate
Glass.*
Pittsburgh Screw & BQlt (quar.)
Plainfield Union Water (quar.)—;
Plomb Tool Co. (increased)——^—
Pond
10-
25c
$2
Goods-^
Sporting
9-20
25c
i'.-'S
10-15
:
'
convertible
Roberts-Gordon
15c
(s-a)
5%
9-10
—
(quar.)
Ritter
6
Pittsburgh, Fort Wayne & Chicago Ry.—
Common
10-
$1.50
(irreg.)
Corp.
9-10
(quar.)—
Lake
Oil
$1.50
lOrlS4"
0-30,
H"V 1
'y.
$1.75
Co.
$1.20
(s-a)
preferred (quar.)
Soutnwestern Life insurance (Dallas)
Spalding (A. G.) & Bros, (s^a)
11- 5
1
'
"
12-10
12 %C
(quar.)
Richman Brothers Co.
1
9-10
■
conv.
25c
*
Holdirk
Payable of Ate.
-
Co.-—
5%
v
When
Share
■
<
■
Electric
(quar.)
55c
Goods—•
1
-
&
Dry
10-
4%
preferred (quar.)—-—
Phillips Jones Ccrp.j 1% preferred (accum.)
Phoenix Insurance Coy (Hartford) (quar.)—
Pictorial
Paper Package Corp.___—
Plg'n Whistle Corp., common, (initial)
$2 convertible prior preferred
(quar.)—
i:
Special preferred (quar.)
Pillsbury Mills, $4 preferred (quar.).
Mills
11-15
v
1st preferred (quar.)
2nd preferred (quar.)
10-1
_—
4% %
Stix
10- 1
—
Bessemer
9-20
v-
|ii
\
■
&
Southern Railway Co.—
Mobile & Ohio stock trust ctfs.
10-15
9-30
68%C
"
common
10-
.
Aircraft,
11-1
"OP
$ 12-20
(auar.)
Insurance
$1.50
$1.25
$1.50
.
Full Fashion
Rice
9
Island
25c
12 %c
Philadelphia Dairy Products Co., Inc.—
$4.50 1st preferred (quar.)
$4 non-cum. 2nd preferred (quar.)——Philadelphia Electric Co., com. (quar.)
$1 preference (quar.)
Philadelphia National Insurance (s-a)
Philadelphia Suburban Transportation—
5% preferred (quaiv)—*****—______
Philadelphia Transportation, common
Participating preferred
Philco Corporation—
:
3%% preferred A (initial quar.)
Philip Morris & Co., Ltd., common (quar.)*
3.60 %
preferred
(quar.)
Pittsburgh
Rhode
25c
——
Piper
\
$1.06%
$1.06%
Co. com, (quar.) _***——
preferred {quar.) 1_.—.***—2nd preferred (quar.)-—„—**..*«*.
Pfaudler
Company
Philadelphia Company, common
(quar.)—
;6% preferred (s-a)„———-—-—.**—
Pilot
150
^ 12 %c
(quar.)
10-15
$2c.
Milk
4% %
4%%
r-$5 preferred (quar.),
——
$6 preferred (quar.)**—*******
10-
$1.25
50c
37 %c
,
9-14
» ;
i
.
prior preferred (accum.)**.*..
Circle Co., .(quar.) *******_*_***-*-..
Perfection Stove Co.
(quar.)—
.**—-Perron Gold Mines,: Ltd. (quar.)—
,**
v
;
9
10-15
12%C
<
(irreg.)_r_
5%% convertible preferred (quar.)__
Reynolds (R. J.) Tobacco, 3.6% pfd. (quar.)
Rhinelander Paper Co. (quar.)
10-
•
Perfect
;
Brothers
9
->
-
Gas
preferred (quar.) v.*i__*________L
Southern New England Telephone
'
Pennsylvania Sugar Co., 5% pfd. (quar.)— ;
Pennsylvania Telephone, $2.10 pfd. (quar.)—
Pennsylvania Water & Power, com. (quar.)
$5 preferred (quar.)
Peoples Drug Stores
Peoples Gas Light & Coke
Pet
&
Indiana
4.8%
Southwestern Gas & Electric—
-"ISO.'
/
(quar.)
common
prior preferred A
;
9-
'
9
9-
10- 1
9-
•
.'V
Per
Name of Company
v
Southern
;
'
1«
/
preferred
9-13
9-30
6%
Pennsylvania Power. & Light Co. (increased)
4%% preferred (quar.)_-«*^**.-*r*-...-**
pfd.
convertible
10-
10c
—j--*:
*
7%
$1
25c
Pennsylvania Forge Corp
Pennsylvania Glass Sand Corp.Common
(quar.)..
5%
preferred (quar.)_.
Peoria Water Works,
10-1
40c
9-25
•'yS'fi*,*'
f
-
"''
9-30
10-
-
$15c
Republic Pictures Corp.—
9-14
!
^
(irreg.)
L-:
l-—
preferred A (quar.)
5%%
.
.
(fix.iQuarterly ***;**^j^***..*****—*.
Textiles, Ltd.—^
(initial quar.)„»„i
A
Common
2-5-47
$1
Holders,
J^yaole
Slvi4'"
Republic Investors Fund, Inc.— .
6% preferred class A (quar.)_,
6% preferred class B (quar.)_,
Republic Petroleum Co.* common
11- 4
.
Class
.
50c,- 4-1-47 3-15-47
<quar.) -„t
25c
11-15
preferred (quar.)
gk 25C 2-15-47
preferred (quar.)—
Pennsylvania Company lor Insurances on
Lives
and
(Phila.) '
Granting
Annuities
(Common
-
Wftert
Reliance Life Insurance. (Pittsburgh) (quar.)
75c
35c
Remington Rand Inc.,. common (quar.)
i;;« $4.50 preferred- (quar.)
--$1.12%
10-1
50o
/
'—.
-
1
9-30
60c
preferred
(quar.)__—*__*_**..-*,
(J. C.) Company (increased)-*.--.-*
Peninsular Telephone, common (quar.)
»m','
•;
$$1.50 £
6%
Penney
■
Per.4
W--? ;•
9-20
$1
Transportation
-''i'
>
Payable ofRec.
f1" Pathe Industries Inc. 4% pfd. (quar.)
fj Penman's Ltd., common (quar.)
Parmelee
,
9-11
■
■
\%
THE COMMERCIAL & FINANCIAL CHRONICLE
'ffir
1634
Name of Company
United
i
Fund———
Income
u,
United
|.ilxi,'_i. ^
^
Bank
Industrial
3> VV-.. •
;
,JL
(Del.)—
7% prior preferred (monthly) —
6.36%
prior preferred (monthly).
6% prior preferred (monthly)
9-20
10- 1
United Light Si Railways Co.
:
£ 53%cyr lO^l s
|3c
—
5%
preferred (quar.)
5%
-
*
6% preferred (quar.)—.
5- Class B
10-5
10-15
w,
-
1st
*1.75
$1.12%
U. 8. Guarantee Co. of N. Y
U.
50c
50c
$1.75
?
——
8.
Gypsum Co., common (quar.)
7%
preferred . (quar.)
U. S. & International Securities Corp.—
U/ S.Tipe & Foundry—
Quarterly
*0c
'
506
**
Extra
Plywood,
3% %
United
5%
States
Printing
preferred
Lithograph
St
(quar.)
Yellow
Cab
Yellow
Cab
New
United
Steel
Co.
6%
class
S.
Trust
U.
United
Ltd.—
preference (s-a)
A
Co.
Y.-)
(N.
Transit Co.,
Young
S.)
(J.
9%
Lesa 30^
x
•Transfer
common——
11- 1
10- 1
10- 1
11- 1
9-30
Universal
*
—
,
Co.
20c
,
Upper Michigan Power St Light—
$3 preferred (quar.)
$3 preferred (quar.)
Upson Co.. 4Vi% preferred (quar.)
Upressit Metal Cap. 8% preferred (accum.)
/"
75c
75c
v.
Utah
Power
&
$1.12Vi
$2
30c
62Vic
Light Co.—....
Utica Knitting Co., 5% prior pfd. (quar,)..
Utility Appliance, $1 conv. pfd, (quar.)
Van Sciver (J. B.)—
25c
*v\
(quar,)..
$1.25
27c
v
r
non-cum.
non-cum.
Common
5%
preferred A
(s-a)
9-13
10- 1
9-28
12-29
9-16
9-15
9-5
9-20
9-16
-
10-19
1
1
1
1*-
1
r-9-12
9-12
37Vic
10- 4
9-9
ll«f 1
10-15
11- 1
10-15
(quar.)
$2.50
12-2
11-15
10-1
9-5
50c
10-1
9-23
pfd. (quar.).
...
50c
(s-a)_.
22Vic
(quar.)
Telephone, $1.20 pfd. (quar.)
West KootenayPwr. & Light, 7% pfd.
(quar.)
West Michigan Steel
Foundry, 7% preferred
10-1
1
5
9-25
9-30
9-20
10-15
11-15
10-i8
n-15
10-I8
10-15
9-20
$1.50
10-
1
9-16
25c
10-
1
'9-13
$1.50
:
10-25
10-10
"
-V.
p.
The
are
Registrar
(Indiana).
,
ferrous
and 28,000
.amendment
and
1
9-20
transferred
Western Electric Co.
Western
Pacific
50c
(quar.)
%TJSJ2Uir'!
'
I?
Co.,
common
Stationery,
®
®^0e
:35c
Ltd.
10-15
10-15
9-13
11-1
10-15
#
(quar.)
75c
11-15
75c 2-15-47
$1.25
u_15
*1
? 11-
1
2.
1
'$1
9-30
9-16
10- 1
1-2-47
9-18
12-18
V
m
^
(quar:):::::~:i:::t:;
Co
;
wSf LhtkZ Erie common
RalIWay
Wheeling Steel Corp.,
WhitakerV<Pre*«red (quar.)
Extra
^
qUar,)
Wichita Water Co., 7%
preferred (quar.)
$loS
75c
1
q
u
i?" i
l- t
10-
25c
sales
of
'
10- 1
9-23
10-
1
9-6
$1.25
10-
i
9-6
$L50
*°- *
9_16
10-15
10-^
25c
$1.75
.
5,000 shs.
-
on
'
2,580'shs^
.
500,000
275,000
.
,
cumu¬
Other
-1945
225,626
$11,934
$36,427
$59,224
_
deductions
3,603
First
sizes
62,088
$21,783
4,120
2,146
6,400
6,100
30,600
$6,231
$14,655
$18,104
$13;537
4
Mexican Northern Power Co.,
Unexchanged Under Plan—
Mexico
Power
&
Ltd.—$68,400 of Bonds
#
,
Development
Co.,
1979.
p.
■:
•
5,000
1211.
Northern
114,745
771
'
$225; 133
141,261
16,000
2,100
Net income
164, p.
*
1943
$399,596
330,427
153,463
_
Normal and surtax
124,
1944
$520,317
276,953
111,375
sold
Excess profits tax
—V.
"
—Years Ended Dec. 31— ;
$400,262
goods
Operating profit
See
SEC—
Ltd.
,
below.—4V*
T'
•,<
National
Bankuof
and
shapes
ordered.
as
company on Sept. 11 filed a letter of notification with the SEC
for 171,000 shares of common for
company and 22,937 shares to. be
reoffered in the alternative for an oversale
of offering covered by
letter of notification filed Jan.
2, 1946.
Offering price, 171,000 shares.
25 cents each;
22,937 shares, 20 cents each.
Underwriting, for the
171,000 shares only, Howard R. dinger and O. M.
Lyman, both.'of
Salt Lake City.
Proceeds will be used to finance operations until
production returns begin.—V.
164, p. 1330.
•*•' i
'
are
and varied
'
'
ft
.
Michigan
#
'
-■
Quartz
Silica
Co.,
Milwaukee—Files
With
SEC—
Elkhart
They
Mountain'Mines, Inc., Salt Lake City—Files Wi#u
The
1735.
p.
of
shares
14
class
to
shares
class
of
($1
1
The company on Aug. 30 filed a letter
of notification with
for 2,500 shares of 6% cumulative
preferred stock (par $10).
price to present stockholders, $10 a share. No
underwriting.
will be used for
acquisition of real estate and equipment
the
SEC
Offering
(1
Proceeds
and for
■
working capital.
Midland
Cooperative
Offered—
-
Wholesale,
Minneapolis—Stock
•
;
The
company with offices at 739 Johnson St., Minneapolis on
offered 7,500 shares of $4
preferred stock Series D
9
share.
a
loan and for
Proceeds
from
the
sale
will
be
used
to
working capital,
Sept.
$100) -at
(par
$102
repay
;
..
bank
a
.1 ;
f
^
..
Under
terms of the offering, purchasers must
pay a premium of $2
a
share if the stock is purchased in the third
quarter of the year
and $3 if purchased in the last
quarter.—V, 163, p. 2729.
# i-
A
were exchanged for
14 shares of common
of
class
B
common
shares
B
its
of
the
Following such
common
stock
previously
140,000 shares of common
for
stock
capital
stock
class
new
To
common.
effect
B
share
one
of
previously
common
such
account
changes
$41,200
class
issued
'
Common
Class
B
stock
($1
par)
stk.
com.
($1
common
stock
for
share
one
the
company
from
shares
be
to
1
:
•'
140,000 shs.
of
30,000 shs.
the
28,000 shs.
are
underwriters 'and
as
the
number
follows:
Buckley
Brothers—20,000 shs.
STATEMENT OF EARNINGS
;
,
,
4 Mos. End.
'
——Years Ended Dec. 31——.:
April 30, '46
Net
1945
1944
$1,263,119
$1,254,987
of
sales
Selling,
adm.
-
and
490,297
"
46,446
gen.
'
expenses.—
Frofit from oper.*i»
1,041,006
1,004,192
151,779
147,299
income
(net)
will
888,866
126,911
'
$103,496
$91,342
320
25
$70,333
1,528
.
,
18
$2
cumulative
receive
one
Net profit before Federal- taxes—**.
and
excess
surtax
share
of
share
$3.25
The
value,
shares
profits
i; $7i,86i
$91,416
$103,816
tax)*
of;
28,000
42,000.:
V
37,000
profit
$55,041
$43,861 A
$61,816
$54,416
'■
*
'
A'
com¬
.*
of
)
the
share¬
of
a
newly authorized; $1 cumulative
value, and two shares of common
the consolidated company.; Midland
one
new
common
share
for each old
V
that
new
it
expects to make
of
Sterling
for
common
of
the
a
;-;'v i
:
Petroleum
each
public offering
Gearhart & Co.,
Inc.
through
common
will
400
receive
Sterling
share
one
common
,
of
shades
The New York Curb Exchange on Sept. 11 approved the
listing ,of
19,288 shares of $1 convertible cumulative preferred stock, without par
issuable in substitution for a like number of shares of $2 con¬
value,
vertible
preference
—V. 162, p. 571;
Midwest
stock,
'
without
value,
par
presently
outstanding.
-
Packaging Materials
Co.—Stocks
Sold—Ed¬
ward D. Jones &
Co., St. Louis on Aug. 18 offered 15,000
shares of 5% cumulative, convertible preferred stock
at par ($10) per share and 30,000 shares of common
stock ($1: par) at $5 per share. The offering was over¬
subscribed.
#
"
,
„
>
1 #
*
.
•
WARRANTS—Company has agreed to issue to Edward D. Jones &
underwriter, transferable warrants to purchase 10,000 shares Of
Co.,
the
of
stock of the company at the initial public offering price
share, exerciseable on or before August 1, 1951. Edward D.
are to pay to the company 10 cents per warrant for said
common
$5
Jones
per
&
Co.
warrants.
-
:
t
PURPOSE—Company will
sell
15,COO
30,000 shares of the common stock
under
net
for
a
net
amount
"capitalization")
stock
at
and
have
for
the
of
proximately
$346,000.
Of
such
shares
and
$256,000.
agreed
to
of
preferred
10,000
The
warrants
three promoters
purchase
20,000
>
net
the three promoters
proceeds the sum of
*-.*
.•
3
>.
-1
the
(see
shares
of
aggregate price of $100,000. The
the sales of the securities to Edward
■
will
i
-
) c -i••
*
.;
»
be
ap¬
$332,217,
y.*
■*
;
stock
to
total
proceeds to the company, of
Jones & Co., underwriters, and
.#■#. HV/" I-'
A'v'CA
this
presently outstanding.
D.
Net
of
.
that for each
shares outstanding,
<
stockholders
common
35,000
.
par
of
share.
a
...,
V..,
Midland
new
without
announced
company
86,750
at
preferred,
cents par
held.
The
underwriter
$90,041
(no
consolidation
a
preferred
and
Normal
"
approved
stockholders will receive
common
73
$89,546
Sept.
on
,
convertible
-
494
"
Other
Midland
stock,
$1,107,120
sales
Cost
19,288
holders
1943
$626,290
stockholders
pany and Sterling Petroleum Co., Inc.
The merger, effective
_immediately, provides
Outstanding
140,000 shs.
28,000 shs.
names
purchased by each
Colony Corp.__«
-a
Authorized
par)_.
UNDERWRITERS—The
of
>./ t
The
A
and
paid-in surplus
and $124,800 from earned surplus.
Giving effect to such changes the
capitalization ot the company at present is as follows:
*
Midland Oil Corp,—Consolidation
Approved—Common
Stock to Be Offered to Public—
par).
exchanged for 28,000 shares of class B
were
of
stock
common
9-16
1
mortgage
offering."
$3,379,056 $39,084,053 $23,490,702
agent,
numerous
2-1
H- j
*1-25
4 $1.25
common
//":9-13^
31^0
|
^
Manufacturing
outstanding
First
T
(George
9-13
in
10,000
9-13
$1.75
rii
,
s? nrpwfn /qUar\)4
wiLionH
qU^r-)
Westmoreland, Inc. (quar.)
weston
9-23
10-15
10-15
.
"'I
preferred A (quar.)
Western Tablet &
9-30
$1.50
quar.)
2 i (quar.)
$5
9-17
10-10
; 9-20
1
37Vac
quar.)„._...
RR.
9-30
use
basis
2,000
10-
10-
i v
^..'Outstanding
Authorized
•(
June 30, '46
Net
1946—8 Mos.—1945
who will receive proceeds.—V. 158,
various
outstanding
the
on
the
$1.50
10-30
pur-
eapital,
.
6 Mos. End.
v.'A /
in
the
old
,
4
Mica
shares of class B
basis
"
following
STATEMENT OF INCOME"
201
CAPITALIZATION—On July 11, 1946, the articles of reorganization
the company were amended to eliminate the 7%
cumulative pre¬
ferred stock and to authorize 140,000 shares of common stock $1
par)
the
Old 7%
preferred (quar.)
Western Light & Telephone Co.—
5% preferred fauar.V
;
against
as
.
the
40c
the
$145,000 which amount is secured by a
will .be-retired out of'the proceeds of. the
Expenses
of
of
10c
to
additional working
to
stock presently
outstanding are entitled to receive fixed annual
lative dividends at the rate of 6%
per annum.
*
■
"MEFCO" tubing normally comprises between 50%
and 60% of the
It is made by both gas and atomic hydrogen
welding processes and is furnished in round, square, rectangular and
irregular shapes.
on
(initial
.
*
net sales of the company.
9-20
A
(initial
$1.40 pref.
devoted
preferred stock on or before Dec. 15, 1946.
Company, upon com¬
pletion of the present offering,
presently intends to exercise the right
of exchange sometime
prior to Dec. 15, 1946, in which event there
will be no preferred stock
outstanding. The holders of the preferred
products, including steel
partitions,
acoustical
ceiling coverings,
hollow
metal
doors,
furniture,
window
sashes,
radiator covers,
card
tables,
fly
screens, sign frames, hot air furnaces,
toilet partitions, display fix¬
tures, steam radiator covers, loose-leaf binders, garage doors, filing
cabinets, conveyors, filter presses, stoves and many other commonly
used products.
and
50c
accessories
safes,
stock
;
often ;other
EXCHANGE OF PREFERRED—^The company has obtained
optiomrr •'
the holders of all of the
outstanding preferred stock entitling :
the company to^
exchange 10 shares of common stock for each share
office
9-3®
#9-30
$5,219,333
transfer
manufactured for
1
New
be
CAPITALIZATION GIVING EFFECT TO PRESENT
FINANCINQ -
^
'
metals,
10-
Class
to
from
BUSINESS—Corporation was incorporated in Indiana
March, 29,
1917.
Company is one of- the pioneers in the field of
manufacturing welded tubing and lightweight metal mouldings and at
present is engaged principally in the manufacturing of metal mould¬
ings, welded tubing and posture chairs.
All of the products of the
company
p.re
manufactured for others and the company generally
makes no sales to consumers.
Moulding and tubing products are sold
under the trade name, "MEFCO."
Rolled hollow metal mouldings normally constitute between 20% and
30% of the net sales of the company. They are made in steel, stainless
steel and other chrome-nickel alloys, brass, aluminum and other non-
9-16
10-15
1S46—Month—1945
company,
„
$4
!
and
*
v;
Sept, 17 filed a letter of notification with the SEC
par 5% preference stock.
Offering price, $20 a
Guardian Securities Corp., San Francisco.
The
sold on behalf of Harold G. Snodgrass, president and
and
$ioc
(resumed).
Western Grocers, Ltd., old common
agitator,
are
was
the plant and
and#
HISTORY AND
10-15
:
Stores
mixing
Preferred stocks ($10 par)
Common stock ($1 par) ^—
on
being
■■
Department
bank loans
Metal Forming Corp. —Stock Offered — First Colony
Corp. and Buckley Brothers on Sept. 18 offered 50,000
shares of common stock (par $1) at $7.50 per "share.
The stock is being sold on behalf of selling stockholders.
10-X
6%
Western
and
.
loans .reflected In the Balance Sheet as of June
30, 1946,
fluctuate from time to time. As of
Aug. 15, 1946, the amount ofrtha.
i;4A444'>s'44
Underwriter,
:
V
,
this dividend.
for
Corp.—August Sales Rose 54.5%—
121L,
company
share.
$30c
6% pfd. (this payment clears all
"
•
poses: To. reduce bank
loans, $145,000;
$36,938.
B
for 1,000 shares of $20
Uf
;
12-
Mercantile Acceptance Corp. of Calif.-—Files With SEC
arrears) >
preferred (quar.)
Western Massachusetts Cos.
(quar.)'
Westates Petroleum Co.,
preferred (accum.)
t
12-15
fittings.
? PURPOSE—Net' proceeds
•
Institution—
75C
valve
cover,
and
0-20
9-21
1087.
p.
164,
$l,12Vi
J.
Western Insurance Securities—
with
9-20
1
9-30
194G—Month—1945
1946—7 Mos.—1945
$4,149,493
$3,304,040 $25,513,993 $22,336,670
.
Period End. Aug. 31—
Sales at retail
.
Issued
(quar.)
Breweries, Ltd. (Increased s-a)
Extra
11-
$1.75
$4.50 preferred
_
Western
9-17
$1.12Vi
.......
^Irregular
Service—
9-20
10-
-
10c
Water
•
$1.75
$1.50
(quar.).
Virginia
9-14
10- 1,;: 9-14
t$1.75
7% preferred (quar.)
West Penn Power Co., 4Vi% pfd.
(quar.)..
West Texas Utilities, $6 preferred
West
,
10-1
;
West Virginia Pulp & Paper.....
9-13
10- 1
$l
17Vic
0-18
1
30c
Co
West Penn Electric, Class A (quar.)
6% preferred (quar.)_*_J*___
9-14
9-30
10-
25c
.
;...—; e;
Gas
10-1
20c
Coast
Ohio
11-15
25c
Wellington Fund, Inc.
West
12- 2
$1.25
...
Co.__—..
pfd.
164,
Melville Shoe
9-19
I f ,9-19
1"
9-2Q
62 Vic
(s-a)
Extra
—V.
9-14,
Washington Railway St Electric Co.-—
West
Period End. Aug. 31—
Sales
9-14
10-
33%c
......
4Vi%
10-
McLellan Stores Co.—August Sales Increased 25.6%—
(
9-20
10- 9
*
conv.
'10- 1
15c
company operated 199 stores in August, 1946,
same month last
year.—V. 164, p, 1211.
the
shares
'
New common (quar.)
(initial)—
Warren Brothers Class A .(quar.) ..........
Wells Fargo & Company,
Wesson Oil & Snowdrift
The
0-20
,
Weeden &r Co., 4%
1
$L75
1946—Month—1945
1946—8 Mos.—1945
$7,132,011
$5,214,310 $49,033,578 $42,847,631
Sales
12- 5
—
;
12-20
McCrory Stores Corp.—August Sales Rose 36.78%—
director of the
9-30
9-30
'
of
10- 5
11- 5
12-15
,
Pump
!
on
12* 6
12-15
Cotton, Ltd. (quar.)
t$l
10Wagner Baking Corp. (increased)
25c
10i
7% preferred (quar.)
$1.75
10Waldorf System, Inc. (guar.)........,......,
25c.
10Ward Baking, common...................'.,
15c
106Vi%
preferred (quar.).
$1.37Vir"~"10Warner, Brothers Pictures—
^
Wayne
$1.50
(quar.)..
(quar.)
closed
Period End. Aug. 31—
11- 5
10-15
11-15
Wabasso
Waukerha Motor (quar.)
4,1-1-47
Cost
10- 1
10- 1
,11-15
•
preferred
9*6
10- 5
the outstanding first mortgage and collateral trust 11-year
bonds, series A, due Oct. 1, 1949. have been called for redemp¬
Oct. 1, next, at 101 and interest.
Payment will be made at
any branch of The Royal Bank of Canada, in Canada, at the holder's
option.—V. 163, p. 2728.
9-9
-
preferred
All
tion
12- 1
9-20
——.
5%
1
10-15
4V\f/c
10- 1
9-9
9-30
9-20
87Vic
9-30
9-20
37Vic
11- 1
10-15
37Vic
2-1-47 1-15-47
37Vic
5-1-47 4-15-47
37Vic
8-1-47 7-15-47
13Vice 10-15
10- 5
.
5%
10-
a
(Continued from page 1596)
40c
(quar.)
15Ci
n
9-20
A
McColl-Frontenac Oil Co., Ltd.—Calls Bonds—'
$2.50
.
-
,
,
*9~?9
10- 1
„
of
12- 2
12-10
10- 1
3Vi%- preferred: iquar.)....
..
^
Virginian Railway, ,6% preferred (quar.)—
6% preferred (quar.)
6%
preferred (quar.)
,V e % preferred (quar.)
Visklng Corp., class A (monthly)..
;>
Monthly
13Vic
Monthly
—....—■'
13Vic
Class B (monthly)—'
13Vic
Monthly
13 Vic
i V
Monthly
■&', 13Vic
yichek Tool Co., common,.-^.—....#.. : ;
25c
7% preferred (quar.)
>w„—$1.75
Vulcan Detinning Co.; 7% pfd." (quar.)..—
$1.75 '
Vulcan Mold & Iron (initial).....
10c
Class B
1
9-20
10-15
10-15
per
,»
.
Still
<
.
tic
10-
Co.—
common
.
10- 1
Jamaica'1 income- tax*.
books not
*0"*®
9-16
$2.50
preferred
25C"~
i 0-20
9-16
$1.75
$$1.25
(s-a)
Victor Chemical Works,
9-30
General Corporation
in
preferred B (quar.)..
Vapor Car Heating Co., Inc.—
1%
preferred
(quar.)
Viau, Ltd., 5% preferred (quar.)...
.Vlcksburg Shreveport & Pacific Ry.
5%
5%
cents
holders-of
HISTORY AND
BUSINESS—Company was incorporated in Michigan.
'July 28, 1928, for the purpose of manufacturing and selling sheet
metal products, enameled ware and accessories.
Generally, the company
designs, fabricates and sells stainless steel tank equipment, which is
designed and built for the storage, mixing,
processing, percolating,
cooking, or refrigerating of chemicals, food products,
cosmetics, dairy
products, carbonated beverages, liquors, paint products, pharmaceuti;
cals and drugs. This
equipment, sold under the registered trademark"
of
"San-I-Tanks,? usually embodies a complete'stainless steel tank
M 9-25
?
*0-21
10-1
1-1-47
10- 1
10- 1
10- 1
10- 1
10- 1
$2
(quar.)—,£...—
Winding
20c 4
9-14
10-10
,
12-16
11- 1
10- 1
11- 1
25c
$1
15
to
$8,578,200, $5,259,823 $53,457,600 $37,485,390
1 *; -1' '' >
1 M
kJ ■'
s .1
""
'>
<
>
;
„
(quar.)—
common
$25C ;
9-14
—_*
Leaf Tobacco,
8-31 i-C-
.
tPayable In U. 8. funds, less 15% Canadian non-residents' tax. . :
tPayable in Canadian funds, tax deductible at the source.
Non¬
resident tax 15%; resident tax. 7%.
a Lesa British Income-tax* >:
9-30
*75c
$8.75
-20c
62Vic
40c
of
30
The bank
.
10-1
dividend
payable Sept.
$1,
164, p. 729.
—-
10-15
,,
____
preferred
;
9-30
10c
........
49-IO
4 9-10
1
& 9-30
$50c
(quar.)
common
Cooperative Mercantile
Quarterly
0-20
62ViC
(quar.).
preferred (quar.)
Universal-Cyclops Steel (Increased)
Universal Laboratories, Inc.—
Universal
-
30c
Company,
initial
an
par
Metal-Glass Products'Co^ Belding, MiclL—Stock Of¬
fered—Carr & Co., Detroit, and D. H. Waters &
Co#
Grand Rapids, Mich., on Sept. 10 offered:
175,000 shares
of common stock (par $1) at $1.25
per share;
;
.^Transfer Agent: The Michigan Trust Co., Grand Rapids, Mich*
(San Francisco)-
Zlon'r
10-10
^
5%
Quarterly
-
common-
s;
<
———
Corp.,
10-
—
—
40c 4.
7% preferred (quar.)
Youngstown Steel Car Corp,
9-14
87 Vic
-
*
(quar.)
;
Co.
'
preferred
-10-15
10-1
15c
25.—V.
Sales
Co.—
U. S. Smelting. Refining & Mining—
7%
10-31
25C
stock,
-p—V. 164, p. 829."' 1'
'
**"9®
9-14
10-19
10- 1
Id-.1
10- 1
$1.50
—
-
-V*n»
*°" *
«
common (quar.).
.
20c
preferred .(initial quar.) *>__*.——
93%c
4%%' pi-of-ri'-a- A-.61.18%
4Vfe%
preferred B
—,
$1.12 Vic
S.
..
0-23
12-20
10- 1
.
V. 8. Playing Card (quar.)
U.
«-20*
9-23
12-26
<
<
■*_**—>-—.w——^
0-30
Combing Corp. of Canada (quar.)..—..
Worcester Transportation Associates
Wrigley <Wm.) Jr. Co., common (monthly).
Wright-Hargreaves Mines, Utd,. (quar.)—
Yale St Towne Manufacturing Co—i
....
9-20J
9-30
1-2-47
*.
^quar.)
•
,
pre*
Wool
V
$1.25
22*/3C
preferred (quar.)___^_
U. S. Lines Co., 4'/2% pfd. (Initial s-a)
1st
$5
10-10
9-16.
.
declared
Mercantile Stores, Inc*—August Sales
Up 63%—
-PeriodEnd.Aug.31—
1946—Month—1945
1946^-7Mos.—1945'"
0-16
shares held
Oil Co.
(quar.)
Extra
Woods Manufacturing Co., Ltd.
Woodley Petroleum (quar.)..
9-30-;:- 9- 6
10- 1
9-13
10- 1
9-13
.
9-30
have
common
A
4Vz%
of
Wiser
0-20
*
share
One
s.r
9-25
OA
dividend.
44-6% preferred
9-25
9-39
«
preferred ' (quar.)
,
0-17
.
Stock
9-25 A,
9- 3 ;
10-1
the
on
record Sept.
9-20
9-20
$L5ff
.
9-17
10-15
10- 1
10- 1
10- 1
7% preferred (quar.)*
U. S. & Foreign Securities Corp.—
$4.50
25c
250
—.
class A
—
20c
-V.—20c
Co.,
—~
(Bait.) (quar.)
f
i"
directors
share
9-20
*1,06V4
(quar.)..
Initial Common DividendThe
9-301
..
Line, Inc
ferred A stock for every 20
Wisconsin Electric Power Co.—
9 20
9-20
*0-1
10- 5
37Vic
—
U. S. Fidelity & Guaranty Co.
Extra -jL-
United States Foil
30c
62>/aC
*
(quar.)
common
common
Wilson & Company, $4.50 preferred
Winn & Lovett Grocery—
JZ
}}J}, 7rl"fZ
$2.50
10-10
.
Canal (quar.)
Publishers—...
Machinery,
United Shoe
** 25
**-25
•
—
United New Jersey RB. &
United Printers
Wilson
w-i#
10-1
9-16
1-2-47 ,*2-16
**.25
—
preferred (quar.)—*—--
9-iT
10-*
,.
5% preferred (quar.)
5 % preferred (quar.)"—_—*—
.
9-17
10-1
hue
—
.
United Merchants Se Manufacturers—
Holders
.
Payable of Rec.
25c
10-15. "
(Initial)..
Wleboldt Stores, Inc., common (quar.)__„.^ >, w300 • 10-1
4 4V*%;■ preferred .(quay,- SlJOGV*
10- 1
6% .preferred (quar..
75c
10- 1
Will & Baumer Candle, 8% pfd. (quar.).;— ''44;: gg-CvKh-fi'?
Wilsil, Ltd. (quar.).
$25c- : 10-1
4
»
$1
(quar.)—
(fi'klyn)
Share
Wichita River Oil Corp.,
9-16
9-30
„8c
'
When
Per
Name of Company
Share Payable of Rec,
T'
v,
Holders
When
Per
•
t-;»>
is
.
Volume 1641
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4529
to.-bcr appliedconcurrently with the-issuance of the common and pre-....
ferned stock .-and warrants to the purchase1 of 2,000 shares of the ;
Montgomery Ward & Co., Inc.—Sales Up—
,
.
.
.
.
-
..
ting
all .the (issued
outstanding
and
CAPlTAUZATIONUPONvCCMFLETIONOPTHlSPINANCING
1Authorized
^periods^ry.164,
v
5%. cumul.
p. 1087.
^,
•
..
.
-
,
National Tea Co.—Current Sales
g;
: :■
.
,
Period End. Sept. 7—
Common
stock;
$1)
(par
*150,000 shs.
"
See
vertible
for issuance
reserved
issuance
for
preferred stock.
-
.:/
% /This company -has Authorized
<
•
4,970 shar-js
share. These purchases will be made upon consummation of
underwriting agreement.
The three promoters subscribed to and paid $500 in cash in the
the
:
the
Jill
shares
this
issued
the
of
stock which were issued to
common
them
of
outstanding
Co.
stock amounting
capital
Wax
and
Midwest
Paper
The
promoters
to
have
10 000
$5
directors, and further will purchase 10,000 warrants
warrant, to buy 10,000 shares of the common stock
organized
was
company,
It is intended that the
Iowa
the- stock
the
of
continue
that
and
corporation,
the Iowa
operation of its business
the
in
as
a
that
since
year.
to
converting
a
v
■«:
for
by
of
be
Federal and
w-~l—
$52
$11,510
438,104
21,167
4,651
32,694
.16,516
—
49,593
536,055
1944
(5 -MOS.)
♦Before
taxes.- -V.
income
V
.V'•
Periods
11,718
2,724
8,993
to
the
Higher—► //
5$.
par).
offered
Z
/
the SEC
Underwriters,
Co., Houston.
Period End.
y,
,
1946—8 Mos.—1945
$2,920,273 $26,857,963 $23,233,465
..■•'■■
.
Of
participating
the
names
cf
the
shares
unsubscribed
to
be
underwriters
purchased
Co.__:.,L_,.___
•• 15.873
Nelson
9.524
>
Reynolds & Co
elected
of
director
a
fill
to
Judge~Wilbur
4.762
&
•.
Stebbins,
4.762
George D. B. Bonbright &
Co.
9.524
Co
4.762
___
Braun, Monroe and Co.i__
Marshall Co._.
,L__
9.524
McKee and Jaeckeis
Riley & Co.__
-V. 164, p. 1087.
the
vacancy
formerly
created
Aug. 31—
'
1946—Month—1945
Neptune Meter Co.
-Stock
Increased—
on
Sept. 16 approved an increase in the authorized
stock to 350,000 shares, from the previous
250,000 shares;
The holders also approved an amendment
changing the par value of
the
stock
common
from
no
par
value
to
$5
share.
per
See
Associated
Press
by
dispatch
states
that
the
New
■
year ago...
plans
company
to
of
■/■'v-"■■...
v
week
For
;
*
i
\
...
-
.♦,»
.
.
week
*
-
•
ended
Sept.
the Association
13,
electric
reports
output
an
increase
of
17,838,000 cu.
ft.,
17.11%
or
262,000 cu. ft. in the corresponding week
New England Power
nVM
a
above
-
of
14,837,597 kwh.r This is an increase of 1,715,451 kwh., or 13.07% above
production of 13,122,146 kwh. for the corresponding week a year ago,
Gas output for the 'Sept. 13 week is reported at 122,100,000 cu. ft.,
-,
Aprll' l and July l. thls year, and on April 2, July 2 and
L 1945/ ,whUe on Dec. 24, last year, a payment of $1.10 per
-
i'
>y, r,
output for the Sept. 20 ^week is reported at 128,410,000 cu. ft.,
an
increase
cf
13,724,000 cu. ft., or 12.18%
above production
of
112,686,000 cu. ft. in the corresponding week a year ago.
" paidr on
Oct.
/
Gas
stores to its variety store chain of 209.
The largest
additions will be located at Richmond, Va.—V. 164, p. 830.
v
Association^Output—£
corresponding
against
regular quarterly dividend of 25 cents per share has been declared,
to stockholders of record Sept. 18.
A like amount was
^'Mo|w'1MtdeiV'cari/weli^nge^tbeir^-Ah^ares^xthose:■^of/Panhandle
EugUnd Gai$/& Electric
For the week ended Sept. 30/this Association reports electric
output
13,795,875 kwh.
This is an increase of 966,642 kwh., or 7.53%
above production 'of l2,829,233 kwh/ for the
ible Oct.- 1
a> sp^clal 'meeting>held 'on' Septv>'23; Voted; to
extension for one year to Sept. 30, 1947, of the plan whereby
Files
of
Nation-wide Securities Co., Inc.—Div,, Etc.
a.t
—
,
y-k-K
1946—8 Mos.—1945
18 new
new
;
.
company on Sept. 6 filed a letter of notification with the SEC.
; for $225,000 of preferred and $25,000 of common.
Offering price, .$100
' a share of preferred and $5 a share of common. No underwriting,1:
*
"
- Proceeds wiU
be usjBd for financlfag production of common clay brick.'
Owens-
as
•
.,
,
,
The
$6,937,575 $65,771,746 $58,203,038
The company in August, 1946 had 209 stores in
operation,
in the corresponding month of last
year.
An
i
V.
also
164, p. 1087.
208
k
1.587
1.587
___
'
The stockholders
,
m
2.381
__
common
Louisville/
of
2.381
The
Cruttenden & Co.——7.936
With SEC-*.
Miller,:
K.
as
6.349
Farrell
Inc.
&
Pomeroy, Ine—.—
The Wisconsin
per-
are
Douglass & Co.___
Bell,
9.524
Hutton
the
each
G. Edwards & Sons__-_
A.
,
Curtis ■&■«.w—9.524
Schoellkopf,
and
by
%
Higginson Corp.___
Paine, Webber, Jackson $s
preferred
Co.,
v
share, subject to prior right of
63,000 shares offered, the stock-
per
Lee
■'
publicly.
$9,092,074
these
approve
of
Loewi &
.
improvements/
together with other funds, will be used to
of note held by. Schroder Trust Co., New
proposed expansion program and to increase workcapital.—V; 137, p. 3158. '
'/
add
"stockholders'
1330.
UNDERWRITERS—The
centage
(G. C.) Murphy Co.—August Sales Up 31%—
$8,053,000
v/:
: $3,856,125'
164, p.
follows:
statement with the SEC
cumulative
«
1945
a balance of
57,055 shares for purchase by the underwriters.
a
Sales
w.:^945/
a/
($25
in
holders subscribed for 5,945 shares, leaving
company,
has been
the: resignation
$10,580,000
with
common.
be
Ky:,
'
letter of notification
a
795
1087.
p.
1946—Month—1945
sales
associates at $26.75
boro, Ky.—V. 164, p. 956.
,,
Sales
of
-Rights, Etc.—V
^Thomas, Oraham; President of The Bankers Bond
fialBa-/.i_-U__i-/.^l^i^8,OOp/$928,OOe«li.6l4,00O;$8,75
.
basis
from
Nekoosa-Edwards Paper Co.—Stock Offered—Mention
Wa's made in our issue of Aug. 26 of the Offering of 63 000
shares of common stock (par $25)
by Loewi & Co. and
stock-
Murphy Chair Co^—New Director—
164, p. 424.
■•—4 Wks.End. Aug. 24— v —Jan. lto Aug. 24—
~
.1946
1945.
.1946
1945
,,,
the
decreased
Nevada Clay Products Co., Las Vegas, Nev.
49,850
Miles Shoe Inc.^*Curreni Sales 29%
Present
off $181,909 balance
'
45,451
134,747
239,211
-
125,029
184,597
will
York; to finance
16,899
170,480
910,183
_
filed
Sept. 23
shares
common
pay
773,404
v-U
1946
State Taxes
$17.50.
...
40,000 shares ($1 par) common stock
Underwriters are headed
Stern Brothers & Co., Kansas City.
Preferred and 20,000 shares
Proceeds
$11,563
1943
1945
Net
♦Profit
$402,261
u
1942
.
Profit
Net Sales
Calendar Year End.—
at
The remaining 20,000 shares
of common will be offered to officers and
key employees at $4.75 each.
The preferred will be offered to the public at $25
per share and com¬
mon
at $5.75 per share.
Of shares being offered to the public, 34,827
preferred are being sold by 34 stockholders and 6,500 shares of pre¬
ferred and 20,000 shares of common are
being sold by the company.
business.
1941
on
shares of
41,327
and
-
.
.
The company on Sept. 25 filed a registration
corpora¬
manufacturer
la. The Iowa
acquired consists chiefly of and is denominated
It produces bread, cracker, cake and cand^
wrappers, both printed an unprinted, waxed and unwaxed, from raw
paper
purchased from paper mills.
business
Tlie
as
Period End. Aug. 31—
Net
—V.
(George) Brewing Co., Kansas City, Mo.
•—Registers With SEC—
-wax
paper products
at its plant at Ft. Madison,
corporation was formed in 1923 and has been in business continuously
of
ever
shares
Muehlebach
Missouri corporation shall for the present simply
hold
will
stock
value
par
...
operation
164,
1946—36 Wks —1945
■
and issued common
tion
$io
Offering price, at market.
Rauscher, Pierce & Co., Dallas; Mooney, Beissner &
Proceeds will be added to fund for paying eost of plant
Missouri
in
_
company
for 4,000
at 10 cents per
at $5 per share
and has been formed to acquire all of the outstanding
capital stock of the Midwest Wax Paper Co. (Iowa).
1, 1946,
July
BUSINESS—The
&
corp.
the-, parent company will have first rights on
share for each four shares sold.—V.
156, p. 962.
new
The
bftfore;
HISTORY
additional
Mosher Steel Co., Dallas, Tex.—Files With SEC—
per
on wr
2,000
Morris Plan Investors Corp/ (Calif.)
The
■
of
in
$8,025,536 $99,616,456 $68,164,557
V;Neisner Brothers, Inc.—August Sales Increased
32%—
;
See Morris Plan Co. of California above.
share on or befdre Aug. 1, 1951.
underwriter, Edward D. Jones & Co.,', in consideration of its
financing, will have the right to designate and select three of the
at
sale
stores
stockholders.
2,000
assigned
the
to
the
of
to 703 at Sept.-7, 1946.—V.
h
■
holders of
-one
company in consideration of the issuance to
warrants to purchase 10,000 shares of common stock
agreement
'•
■
The purchase will be financed
te
by an issue of 20,000 shares of Morris
y Plan -Investors
them-. The
promoters negotiated the agreement dated June 3, 1946,
between themselves and Preston Roberts of Chicago for the purchase
of
■'
'■
■•
capital stock (par $100) at $175 a share to its parent holding
|
-company—MorrisPlan Investors'£orp.. '
c
.
■
^>
V
v
The new issue will bring the
company's capital to $1,000,000 (the
total authorized) which with
surplus and undivided profits will bring
total capital funds to over
$1,500,000.
at $5 per
aggregate for 100 shares of the
.
.
of
Wesley, has agreed to purchase
and John
•
Morris Plan Co. of California—Sells Stock—
Denebeim, has agreed to purchase 9,965
Rufus H. Clough has agreed to purchase 4,965 shares at
share;
per
of warrants and 15,000 shares
of the 5%
cumulative, con¬
W.
PROMOTERS—Morton
shares at $5;
$5
conversion
upon
number
on
Increase 66.7%—
1946—4 Wks.—1945
$13,379,359
a
The
Pittsburgh Consolidation Coal Co. below.—V\ 164, p; 1211.
■/
*20,000 shares
reserved
.Sales
Montour RR.—Control to Be Sold—
,
15,000 shs.
50,000 shs.
(par $10)—V 25,000 shs.
stk.
pfd.
conv.
Outstanding
pursuant
'Mexico*—vTe1? Td157Tth the International Committee of Bankers
■
'
<■,
assenting plahB
offering is
1946—7 Mos.- -1945
(Iowa), said shares cohstitu-,->'fvA4^f^®i«- Aug. 31— . £ 1946—Month—1945
capital Btock of Midwest.
The
^
« 'yy/.P.'k.S':'.
1.
■*Bale&:,
■ V, •„
*91,864,402 •; 48,686,552*538,781,708-.358,966,471
balance of such net proceeds is to: become part of the corporation's
*These figures are the largest in the
general funds and as such may be applied to any corporate purpose.
company's history for these
stock of Midwest Wax Paper Co.
common
1635
.would be paid .until the entire
principal amount of
railways obligations shall hare been retired.
The
/
production of 104,-
year ago.—V.
164,
1452.
p.
■
^
.
.
.
.
r
Association—1Weekly^ Output—
^Undistribtttednnet tprofits^realised on «alei nf securities in 1946;
The Association reports number of kilowatt hours available for the
Eastern common stock is offered;
amounted .toiapprc*imately/48 cents .per ahare on: Sept. :3^ 1946, a; is week ended Sept. 21, 1946, as 69,753,011, compared with: CO,794,028
in: exch^^t,lhe lit^:of:four" sheres^^jfor/e4cti:.pine ;cominofePr:l80 ^P
being distributed as part of the dividend payable; U for the week ended Sept. 22, 1945, an increase of 14.74%,
■
; class-B-shares of Mokart.—V. 164; p.. 1087.
,
•
The comparable figure for the week ended
Oct.1,1946^; '
:
'
'
Sept. 14, 1946, was 67,*
v'^-'^ '
??iOn^Augi' 27,-JL946/^about; 42% of the assets of this corporation were :;f110,325, an increase of-7.45% over the
corresponding week last
Pipe Line Co.,
^
Under the plan the: Panhandle
Eastern
.
^
.
.
j
MissOUrjKpAClfic^BB.-r-PuyinCIlt of $I7;21p,520 'IhtCPGSt
Is
-
r.
AHthArivprfZ-nninkriintrv
Authorised—Bankruptcy
Ended—
of
of
;
Missouri-Ulinois
Missouri-Illinois
stocggi. thi;; balance,
•.
$17^218,^20;
•-
.
accrued' Interest
four
on
bond
year, fcomparable figure for the week-ended Sept.- 7, 1946 was 58,-yv
'■} 290;807, an increase of 8.17% ; over the corresponding week last
year, r
The comparable figure for the
week ended Aug. 31,
1946,
was
64,639,800, ah lncrfeasd of 7*31%-over the corresponding week last year.
teritB/petfe —V.-164/ 0/ 1212>Zv :;.r'.^^
58%, <soh*
Th#
.
^^J^/^Dividehd Nbi 2-^-Earttiiigs^
NaiiuiiaX^
in
approximately
slsting :of cash, bonds and preferred stocks.—V. 164, p. 956.
RR.
,
Payment of
or
The> directors
Issue#
2) of
%Vi
8hare/;payable'; No?/1/ to stockholder#.
Pacific RR. and its
subsidiaries < was approved by
ildltiiRi/
JudgefG^rge'N. Moqr^^t^St/^uis/Mo^'ou^Sept^^ 13,|^distiribution ^of ' Bke?#mount ^as made op Aug, i; |ast
as iho.v ^dismissed >' rwfgfU^fttibn. proceedings., of
the Missourmiinois
/
RESUV^MONTHS SNDH© ^ULT ^1/1946. *
RR. Co.
'
of
Missouri
'the
: federal
Judge Moore discharged Guy A.-Thompson as trustee for the Mis¬
souri-Illinois-and ordered the 'bankruptcy: terminated as of May 31,
1944, the date upon which the railroad and Its rolling stock was
back
turned
to
its
owners.
Missouri-Illinois
The
,
discharged
completely
was
proceedings
of
Payment
from
further
any
William
to
in
counsel
Biggs,
explain why the cash
for Mr. Comstock, requested Mr. Thompson
used to pay the interest should not be used
and its
of the
bankrupt road to make the bond payments.
His computation showed
the interest payments, plus previous payments, would amount to only
1.9--% interest to Missouri Pacific bondholders since the road bqcame
retiring outstanding bond indebtedness of Missouri Pacific
subsidiaries.
Mr. Thompson said it was in the best interests
In
Pacific
first
Orleans,
order also included
and
bringing them
was $11,159,525,
due in 1938-39 on
Moore
'
$1,610,000 was ordered paid on
mortgage bonds, representing
the
1937-38.—V.
r-#"
period
'V'//
■:'■■-
Construction
Montgomery
164,
p.
r>
-•■
Co.,
/
International, Great
two six-month
to
dividend
a
stockholders
of
(No.
after
2)
record
made on Aug.
was
Models will be in production
also
IVz
of
Oct.
15.
cents
An
Pa.—Stock
with offices at 475 Lincoln Ave. Hatboro, Pa., offered
shares class "A" common stock ($1 par) at $3
per share.
Stock offered as a speculation.
This stock was offered by the company in Delaware,
New Jersey,
New York and Pennsylvania.
Company' was organized
in Delaware Jan, 8,
1946, and is at
present engaged in the construction of 24 homes on a plot of ground
owned in
Hatboro, Pa.
These homes are of the Philadelphia row
August
type
are
than
$10,000.
addition
of
above
to
additional
,
4I
in
and
land
'9r■-?'(
*
The
above construction,
the
homes
will be
Housing
Federal
approval
of
the
sold
'
^'I
-v
i
^1'
National D
and will be financed through
mortgages.
It is hoped to secure
Administration
Veterans Administration
I, Bill of Rights.
authorized capital stock
for sale
of
these
fcomes
imder* the G.
of the company consists of 50,000
shares of common stock,
class "B" (par $1) and 950,000 shares of
class
"A" common stock (par $1). There is at present outstanding
3 000
shares of class "B" common stock which was purchased by
the officers and directors of the corporation.
The net proceeds of
the offering estimated to be $240,000 will
be
used approximately as follows: Construction equipment $20,000.
Building materials and labcr $175,000. Purchase of additional ground
$45,000 and working capital $240,000.—V. 164, p. 282.
.The
bf
New
Haven, trustee,
p. 2336.
^
F. Edwards, one of the principal partners of Naess
investment counsel, was recently elected Vice-President
corporation and of Manhattan Bond Fund, Inc., and has been,
admitted as a general partner in Manhattan Research Associates, an
affiliated investment research organization.—V. 164, p,' 730u
and Cummings,
the first of the year.
Mr. Ready
,
Realty
Corp., South Boston, Mass.—Files
-
The trustees of Series B-K mortgage certificates, P. Walker Mor¬
rison,
Iisidor Wasservogel and Leon Leighton, announced on Sept.
would make a 4% principal distribution to certificate holders,
amounting to $516,362 on Odt. 1.—V. 163, p. 1031.
v
19 they
Sept. 6 filed a letter of notification with the SEC
for $100,000 of first mortgage sinking fund 5% <bonds.
Offering price
$100 a unit. No underwriting. Proceeds will be used for the purchase;
on
and
warehouse
sale
of
wholesale
groceries.
;
1J. J.) Newberry Co.—August Sales Increased 16.9%—
'
Period End. Aug. 31—
National Fuel. Gas Co.-T-Earnihgs Higher-*-*
7 Months Ended July 31—
Net
earns;
per
8hr.
of
subs, after taxes & all
1946
1944
$0.67
$0.63
$0.72
v
■''<f
■'v;
'
t'-'-.-V il'„
Mining
Newmont
Corp.—Changes Record
Rights to Subscribe for O'okiep Stock—:
H.
regular
the
on
/
' ' /,
..
National Malleable & Steel Castings Co.—15,-Cent Div.
declared a dividend of 15 cents per share
par common stock, payable Oct.
12 to holders of record
Distributions of like amount were made on March 22, June
16 and Sept. 8. 1945; none since.
The director* oft Sept. 17
the no
Sept.
.
164, p. 1087,
>,<
charges—
quarterly dividend of 20 cents per share has been
capital stock, payable Oct. 15 to holders of record
Sept. 30. An extra of 5 cents and a quarterly of 20 cents were paid
on July 15, last.—V. 163, p. 1869.
on
—V.
/
1945
:
its
&
co.
1946—Month—1945
1946—8 Mos.—1945
$9,095,496
$7,779,235 $65,471,801 $59,896,844
Sales
Declares Usual Dividend of 20 Cents—
28.
E.
Dodge, Secretary, on Sept.
for
Date
,r
.
■
16 stated, in substance:
By letter dated July 17, 1946, the stockholders were advised that this
corporation proposed to offer to its shareholders of record Sept. 5,
1946, the right to purchase, at $5 per share, one American share of
O'okiep Copper Co. Ltd. for each 10 shares of Newmont Mining Corp.
held on the record date.
The letter further stated that the proposed
offering would not be made unless prior to the offering date a regis¬
tration statement covering the said American shares and the under¬
shares
lying
1933
O'okiep
of
Ltd. under the Securities Act of
Copper Co.
had become effective.
The
1946,
registration statement did not become effective until Sept. 16,
Therefore, the proposed offering could not be made on Sept. 5,
1946.
Stockholders
/NeW^^ Ib^sident/«tc.-—
Cleve H. Pomeroy, Vice-President and Secretary-Treasurer, has been
President to succeed the late Charles H. McCrea. Mr. Pom¬
eroy
will retain his duties as Treasurer. A. E,
Field, Assistant Secre¬
are
further
advised
that
Newmont Mining Corp. now
its shareholders of record at the
proposes to make the said offer to
close of business on Sept. 26, 1946,
(New York City Titee)
oft Oct, 21,
such
offer to
expire
at
3:00
p.m.
1946.—V. 164, p. 1330.
tary, has been elected secretary.—V. 163, p. 2584.
National Railways of Mexico—Registration Statement
/1;.
to veterans
Trust • Co.
of this
elected
the company plans to pur¬
Montgomery County for the construction
additional homes
within the next two years it is expected
construct approximately 300 hundred homes of the type mentioned
In
chase
to
J
feet by 34 feet.
The homes
tile, and will be sold for less
Bank 3c
Cohft.T-v. 161,
D*,. William
per
initial
radio receiver, the NC-17?, will
during tbe latter part of November.—V. 164, p. 11.
With SEC—
100,000
and the measurements are 18
constructed of brick and hollow
St., New Navcn,
New York Stocks, Inc.—New Vice-President-^-
1, last.
The company
In
,
,
New York Title & Mtge, Co.—Distribution—
The
Offered—
at The First National
42 Church
that National's newest
announced
declared
Hatboro,
declared
Nov." 1
payable
be on ithe market
pay¬
■'■-
made
thai;
announced
record pick-up
,,
1211,
■
President,
.
have
directors
share,
of
'
payment of $117,705 on the New Orleans, Texas
bonds, representing two six-month payments and
first
RR.
for
ments
Judge
instalments
bonds.
to date.
up
of
total
A
Northern
refunding
a
income
Mexico
and
$309,000
250,000 shs. outstanchng—$149
on
distribution of like amount
$4,331,290 interest due in 1944-45 was ordered paid on
Texas
and Mexico Ry. first mortgage bonds.
The
total of
A
New
The
.
The company
31, 1933.
The largest
payment approved by
which retired two six-month interest
bankrupt March
Missouri
sh,
Ready,
production plan#:
Include a full frequency range
arm of "unique design"
which will "faithfully reproduce sound from 20 cycles to 20,000 cycles."
the
Comstock
W.
Andrew
$11,448 preferred dividend requirements, for 1946—.,—
A.
Redemption—,
/beefc ca^A/fpr/tfedemption; .dtt/Ofeto';!-/ next/>©tit.\ :of;.
sinking fund moniesr-416,000 of general and refunding mortgage 3Vi%
bonds, series B, due Oct. 1, 1973, at 107 and interest. ; Payment will be
Net earnings after estd. taxes and chgs. and after deducting
Earns, per com,
William
-
its reorganization.
v
$17,218,520 in "accrued interest was opposed by
of Evanston, Hi., representing mortgage bond¬
holders of the New Orleans, Texas and Mexico Ry, f
court
NeW Havfeit Wafer Cd.—Partial
District
The United
States of Mexico
Sept. 16 filed on
outstanding securities of six Mexican railroads with
bonds are being offered to holders
of the railroad
terms of two plans, designated as plans A and B, for
rates
vides
the
on
for
for
on
securities
retirement of
and
the
$233,112,385 of
the SEC.
The
on
their
eventual
securities
under
reduced interest
retirement.
Plan
railway obligations at the rate of
A
pro¬
one
peso
of principal amount and Mexico agrees to pay interest
such reduced principal expressed in pesos from Jan. 1, 1946, at an
each
average
what,
rate
based
holders
agrees
dollar
to
of approximately 4.35%, the specific rates varying some¬
the seniority of the several issues.
Under plan B the
interest from Jan. 1, 1946, and thereafter, and Mexico
on
waive
provide
annuities
sufficient
accordance with percentages set forth
to
retire
the
under the plan.
securities' in
Such annuities
Niagara Hudson Power Corp.
Three Subsidiaries—
—
Proposes to Merge
.
The
corporation has filed with the New York Public Service Com¬
a
petition seeking approval of the consolidation of the three
principal operating subsidiaries, Buffalo Niagara Electric Corp., Cen¬
tral New York Power
Corp., ancf New York Power & Light Corp.,
into a single electric
and gas corporation. • More than 99% of the
common
stock of the proposed consolidated corporation
would be
owned by Niagara Hudson.
The plan proposes three series of pre¬
ferred stock, equivalent, on a share for Share basis, in amount and
dividend rate to the respective preferred stock issues now outstanding
of the three consolidating companies.
mission
The
proposed
Securities and
of
the
Buffalo
consolidation
must
Niagara
Electric
also
have
the
approval
of
the
The plan for the reorganization
Corp., approved by the Securities
Exchange Commission.
THE COMMERCIAL & FINANCIAL CHRONICLE
1636
%
Commission in 1945 provided that Niagara Hudson
would dispose of the common* stock of that corporation on or before
Nov.
1,
1946.
An application has,
therefore, been filed with the
Securities and Exchange Commission for a year's extension of that
•mi
Exchange
time
to
Nov.
Earle
J.
1,
1947.
"Consummation
additional
"On
from
of
I
-
President,
Machold,
consolidation
this
of
further announced:
program
will not require
Sept.'20,
on
financing.
1, 1945, Niagara Hudson Power Corp. borrowed $40,000,000
of banks for the purpose of financing the reorganization
Niagara Electric Corp., one of the operating companies
,
.
group
Buffalo
This loan has been reduced to
that it will be further reduced to
approximately $30,000,000 by the end of this year.
"Niagara Hudson Power Corp., is also progressing plans for the
payment oi the balance of its bank loan and for the liquidation
of Its preferred stocks.
When such plans are definitively formulated,
stockholders will be further advised."—V. 164, p. 730.
tn
The directors
share and
16.
the
proposed
consolidation.
(35,000,000, and it is expected
«
-
the
preferred
City, purchased by the issuer.
registered, 21,000
being
bank
in
loans;
to
The
directors
cents
of
30
from
have
share
per
payable Oct.
for
President,
announced that the August
$1,759,000 for the first
12
Sept.
on
15
cents
1
declared
the
on
to
4%
holders
share
per
March
to
company
90,000
Placed Privately—
on
and the pro¬
ceeds applied, with other funds td the redemption of
$3,393,300 of first-mortgage bonds, series A, 4%%. These
3%; to be sold at par and accrued interest
have
sold
been
insurance companies, as
five
to
follows: Connecticut Mutual Life Insurance
Co. $900,000;
England Mutual Life Insurance Co. $800,000; Mass¬
Mutual Life Insurance Co. $750,000; Mutual
Benefit Life Insurance Co. $500,000; and Guardian Life
Insurance Co. of America $250,000.—V. 164, p. 1330.
New
achusetts
Coupon Sheets Ready-
Norfolk & Western Ry.—New
and after Oct. 1, 1946 holders of first con¬
gold bonds due Oct. l, 1996 should present
their bonds at the Bankers Trust Co., 16 Wall St., New York 15, N. Y.
that
it is announced
the
for
thereto
attached
having
of
purpose
sheets covering
coupon
inclusive.—V. 164, p. 1330.
Interest due April l, 1947 to Oct. 1, 1996,
has filed a brief recom¬
mending that the Commission disapprove plan A and plan B filed by
the company on April 18.
.
rl,
:.v:
v
At the same time,
the staff of the Utilities Division proposed a
program for
disposition of certain major assets of North American,
Including a substantially larger distribution than was proposed under
the company's plan A.
*
•
1 "•
'
The staff program contemplates retirement of the $47,000,000 bank
loans through a warrant offering under which stockholders of North
Amrican would receive 1/5 share of common stock of Cleveland Elec¬
the
of
Division
Utilities
SEC
,
,
tric
Illuminating Co. for each share
^warrants would extend for 20 days,
After
payment of bank
loans,
held
at
of
$5.48.
The
'
staff
the
price
a
made
was
July 14,
on
common
for
Co., Pacific Gas & Electric Co., and West Kentucky Coal Co.
This distribution,
to be made either through warrants or
The
approving
plans A and B, grant' the company 30 days In which to
modify its plans in line with the program suggested by the staff,
Unless such an amendment is filed, the staff urged the
institute proceedings in the appropriate Federal
QCuri;
American's
f
tne
appointment
assets.
The
brief
of
company
The
shares
Lillian
children
on
plans A
and B
also
suggested
of North American
will
be
SEC
reconvened
American
has
Oct.
on
Co.
ordered
well
as
hearing
for
22
from
consideration
the
as
Co.—Hearing Oct. 22—
liquidation
on
Illinois
of
Power
general objectives
dissolution
of
Co.
Light
The
SEC
hearing
atock
of
&
of
also
Plan
filed
C
Light & Power and
Power's
interest
ordered
that
in
of
Plan
Co.
the
company be
filed by North
C
plans and
the
Aug.
20
last,
acquisition
Illinois
others
any
first
liquidation
are
by North American
Power.
to
business
at
the
reconvened
the question of retirement of
outstanding preferred
Light & Power, one of the proposed steps under the plan.
V. 164, p.
1088.
,
facturers
record
of
Power
Some Old Bonds Still
The company
gold
bonds
standing.
for
&
Rector
of
Northern
principal
$100
Development Co., Ltd.—
par
Power
amount
value
of
first mortgage 30-year
Ltd., are still out¬
Co.,
said
common
bonds
stock
of
is
exchangeable
Northern
Development Co., Ltd. which has an office located
N. Y.—V. 133, p. 1453.
Mexico
at
Two
St., New York,
publicly
S.
the
offered
Eaton
and
(Del.)—Weekly Output—
output of this company for the week ended Sept
imr
totaled 49,635,000 kwh., as
compared'with 44,174,000 kwh fc,r*the rnr'
responding week last year, an increase of 12.4%.
;
,
Electric
output
49 858,000
of this company
kwh.,
as
for
the
compared
week
with
ended
44.147,r,00
corresponding week last year, an increase of 12 9%
Electric output of this
company for the week
totaled
45,886,000
kwh.,
as
corresponding week last year,
compared
an
with
increase of
41
sPn
For
the
six
$1.11
or
machires.
months
on
the
time
funded
no
ended
share
per
outstanding at
has
ia
kur
S
for
in
kwh
164, p.
ratio
of
one
Jm hi'
164^^
fe
1088
k
in*
Wy*
,
ascd to
1452
debt
common
the
cf
sold
Lillian
Mrs.
for
Girard
besides
Co.
company
would
be
the principal
purchased
The
the
and
account
Jerome
June
1946, net profit
shares of common
30,
300,000
or
the
share, with
a
share.
a
-Organized—
Sept. 13 filed a letter of notification with the SEO
of $1 par class A common.
Offering price, $3 a
be used for organization of airport business.
No
on
shares
Bids for
York,
sale.
interest rate to be
W.
for
Package Machinery Co., Springfield, Mass.
Sept.
on
9 filed
company
5,472
Sept. 13 filed
on
Sales
sell
to
—V.
164,
130 in August,
1946—Month—1945
1946—8 Mos.—1945
$3,702,304
$2,907,799 $27,840,189 $22,508,180
1946, had 133 stores in operation, compared
1945.—V. 164, p. 1088.
Perfect Circle Co.—Plan for Reorganization
Corp., with an authorized capitai of 650,000 shares of $2 par value
common
stock, to. C&aagS in the business now carried on by The
Perfect Circle Co., and (2) Cartonic Corp., with an authorized capital
6f 162,500 shares of $2 par value common stock, to produce and dis¬
tribute other products allied to the automotive supply field.
These
corporations
new
The Perfect Circle Co.,
replace
completed arrangements with
of $40,000,000
to cover its
credit
will
bear
the
Chase
funds.
ing.
to
cities
The
charge
a
Bank
as
Files
stock
be
will
issued
for
each
Perfect Circle Corp.
new
head
Trust
the
act
will
provide
served
credit to
v
-
,
at
and
Vultee
expected,
the
of
aircraft
corporations will
be
delivered
and
the
to
18
$2,000,000
So
keep
last
no
Teetor has been appointed Acting
This
new
capacity
p. 595.
164,
as
Vice President in charge:
has been assumed in addition to.
President in charge of manufacturing..
duty
Vice
;
.
later
Co.
—
See latter company;'
Rubber Co.—Split-Up Voted and New
Pilaris Tire &
than
Preferred Stock Authorized—
year
may be paid out of previous consolidated net
extent of $4,000,000, provided that no more than
used in any single calendar year.
The corporation
.
common
preferred stock. The par value of
changed from $1 to 50 cents per share.
$20
Pan
par
the common stock was.
Dividend of 15 Cents Declared on New Common
'
declared
The directors have
stock outstanding.
agreement provides that
stockholders on Sept. 16 voted to split the common stock on ai
basis and to authorize the issuance of 100,000 shares of:
The
two-for-one
new
American
cents
5C
Oct.
record
a
a
1.
par
holders of.
onxthe olc*,<
last, and 15 cents-
Philadelphia Electric Co.—Weekly Output—
The
week
electric
ended
output
for
1946,
Sept. 21,
company and its subsidiaries for tha
amounted to 128,875,000 kwh., an increase;'
the
kwh., or 7.9% over the same week a year ago.
The electric output of this company and its subsdiiaries for the weefc:
ended Sept.
14, 1946, amounted to 129,192,000 kwh., an increase of.
of
American has stock purchase warrants outstanding for approxi¬
good until Dec. 31. 1947. If exercised at $18
share, they would bring in about $36,000,000.—V. 164, p. 560.
9,417,000
7,744,000 kwh., or
1452.
6.4%, over the corresponding week of 1?45.—V. 164„.
'
_
^
share
and"!
and facilities.—
Passaic,
Co.,
;..
N.
J.—Merger
Negotiations
Phillips-Jones Corp.—Plans Recapitalization—
..
Negotiations were completed on Aug. 28 for the merger of
and Textileather Corp., of Toledo, Ohio, into a new
company
poration
nounced
this
to be known as Pantasote Plastics, Inc. (Del.), it'was an- v
jointly by Hans Wyman and J. D. Lippmann, Presidents
and Textileather, respectively.
The
new
$15,000,000
the
S.
,
cor¬
Pantasote
of
nation's
corporation,
Stock
dividend of 15 cents per share on th»:
value common stock, payable Oct. 10 to
This is equivalent to 30 cents per share
par
stock which received 25 cents on July 10,
per share in preceding , quarters.—V. 164, p. 1088.
$1
■f ^
.V
re--
Perfect Circle Corp.—Formed to Acquire Piston Ring
year
Completed—
ehanga
company,
Vice Presidency—
Business of Perfect Circle
mately 2,000,000 shares,
a
or
above.
working capital of more than $10,000,000.
At the end
net working capital was more than
$19,000,000, not
including funds reserved for equipment purchases.
A
statement by Pan American officials revealed
that the corpo¬
ration already has spent $30,000,000 for equipment purchases in the
$100,000,000 program.
By June 30, 1948, an additional $30,000,000
to $35,000,000 is expected to be available from operations for pur¬
shall
of
stock..
has
present
—V.
dividends
common
earnings
Co.
1%%
.
American
Pan
next
Teetor
engineering.
his
officials said, but heavy deliveries
and early in 1948.
The credit agreement provides that Pan American
shail pay divi-"'
dends only out of consolidated net earnings accrued
iiter Dec. 31,
1945.
Stock dividends, however,
are
exempted frortl the stipulation
late
a
Daniel C.
The present credit, which may be drawn upon and
repaid at the
option of Pan American in units of $2,000,000, is largely to meet pay¬
on the purchase of new
equipment.
Equipment ordered by Pan American from the Boeing, Republic and
assured
Circle
resigned as Vice President In charge of
because of ill health.
His resignation became effectives
15, 1946.
He will continue to be connected with the company
member
of
the
board of
directors
and
as
an
engineering
Sept.
ments
originally
Perfect
consultant.
as
four-year term loan with interest
a
July 1, 1948.
The
'
,
Mi O. Teetor Resigns
Sept. 16.
The
0.25%
on
unused
which
of
of
Macy O.
engineering
its
as
syndicate
will
Co.
share
.
-<
the Guaranty Trust Co.
dis--
stock will be registered with the Chicago
the New York Curb Exchange.
present, the reorganization will involve little
Circle personnel.
^
'
The Perfect Circle Co., Ltd., the Canadian
mains unchanged.
' '
>
on
of
be
Perfect
cash
of
on
the
For
in
of New
for
part
will
principal reasons for the reorganization are to secure
for Perfect Circle the advantages of the Indiana General Corporation
Act of 1929 and to provide a new corporation to market new products
not allied to piston rings.
Four shares of Perfect Circle Corp. and one share of Cartonic Ccn>„
the
Briefly,
agent and banks in
by Pan American may participate in the financ¬
group
has extended to Pan American an option
banking
on
announced
was
plus
group
needs
equipment
<
York
New
convert the
it
new
City Bank of New York,
National
The
purchase
interest
1
-
National
to
program,
1V2%
balances.
The
a
credit
which
solved.
Pan American Airways Corp.—Gets
Large Credit—
a
Approved
In a special meeting held • on Sept. 19 stockholders gave the final
approval necessary for a reorganization of the company.
The reorganization provides for two corporations: (1) Perfect Circle
Status
months
$
The company in August,
The
21
$
Peoples Drug Stores, Inc.—Aug. Sales Increased 27.3 ^
Sales
Stock Exchange and listed
for
1946—6 Mos.—1945
$
41,763,201 389,571,791 319,856,483
1088.
p.
Period End. Aug. 31—
be
Sept. 6 filed a letter of notification with the SEC
37,478 shares of no par common.
Offering price, $7.55 a share.
underwriting.
Proceeds will be used for purchase and equipment
of plan at East Longmeadow.—V,
164, p. 1088.
next
$
57,539,155
.
The company on
banks
letter of notification with the SEO
a
1946—Month—1945
—-
for
the
letter of notification with the SEC
shares
No
York
a
of 7% cumulative preferred stock (par $10).
Not
Price $10 per share.
Proceeds will be used to pay for;
(J. C.) Penney Co.—August Sales Increased 37.77%—
With SEC—
The corporation has
mada
shares
Period End. Aug. 31—
with
company
—
offers
($10 par)
common.
Offering price, $10 a share.
be used for working capital, payment of mortgage instal¬
ments and other expenses,
No underwriter named.
lbimt-V
W46' the
».in
that
Proceeds will
$333,247,
The
said
Penn Utah Mining Co., Beaver, Utah—Files With SEC
?ho
p*
company
30,000
manu¬
stock
Company
printing, binding and paper, office rental, purchase of supplies, etc.
Eaton,
and
unit.
a
12, 1946, were without registration with the SEC
the previous offers were withdrawn.
The com¬
the proceeds from the present sale as working capital.
J
underwritten.
?
m*8SS,
a letter of notification with the SEC
prior preferred and 8,625 shares of $1 par
$1
1
and
was
-
15 filed
($1 par)
Pegasus Publications, Inc., New York—Files With SEC
The
for
issued.
or
will use
pany
as a whole of an Issue of $75 GOO Oflfl 40-vpar
1, 1986, will be received at. ItOOih 2315*
195 Broad¬
Y., up to 11:30^
on
Oct
81946
N.
'
-
Angeles—Files
of
Arthur
names
Los
Ltd.
Aug. 1, and Aug.
and that, therefore,
the purchase
New
way,
>
Services,
Laundry
Offering price,
on
Pacific Telephone Telegraph Co*- -Bids for Purchase
of Debentures—* •
debentures due Oct.
Pantai
above.
The company on Sept.
common.
discount to dealers
a
or
par,
of
With SEC—
The
Eaton;.
manufactures
company
at
stockholders
Proceeds will
for 98,485 shares
Eaton.
Mr.
proposed public
preferred stock authorized
stock, $13
Pantasote
soU to
P&y bank loans and the remainder
purchase Qt additional equipment
shares
by
Brooklyn—Reg¬
Pan
fl*1
additional
25.2fh p.° '"J"" ^ ^hsubsci lbed share" wufbe
V
preferred
B
of $200,000,
164, p. 12.
Pantasote
100,000
with
n
ftfoS
fo^7^&7hQ0rn.aS?An19nfc,iif
statement with the SEC
"Wrkpr jo Rntfh
woliLti ^j^Jhon. Underwriters, Auchincloss,
y^arker & Redpath, Washington, D^ c,j The First Boston Corn
and
*fornblower & Weeks, New York,
Shades initially wm be offered £r
stockholders
20,000
Co.—V.
The
p.
common
Mr.
Paoli-Malvern (Pa.) Airpark Corp.—Files With SEC—*
<
Pacific Gamble Robinson Co.—Secondary
Offering—
Blyth & Co., Inc. on Sept. 23, offered 4,700 shares of
Northwest Airlines, Inc.—Regrets With
SEC—
subscription to
will
company,
follows:
as
.
Pantasote Plastic, Inc.-
carbon
chases.
1(^3%
be
Eaton
include
company
Another clause in the credit
Northern States Power Co.
v/ill
Miriam
Mrs.
currently has 6,138,625 shares of
Electric
totaled
parent
as
aggregate
an
See
papers, hectograph carbon papers, inked
ribbons and
related products.
In each of these classifications the company's products include a wide variety of items.
are
Outstanding—
Mexican
Each $100
&
that $68,400 Of 5%
announces
the
share
one
Power
of
Co.,
committee;
executive
Peerless
and
business
Consolidated
Northern Mexico
the
companies
Lippmann
Mr.
Pantasote
these,
at
tote
incorporated in 1917.
are
in Brooklyn.
Its
be
Joseph
of
beginning
shall be
of
Of
period
Proceeds will be used for general
York.
and Herbert A. May, both of Pittsburgh.
company's products are sold under its own brand
percentage sold to other manufacturers, jobbers
other
The
ana
the
164, p. 12.
1946.—V.
small
a
in
file.
on
constituent
consists
share.
$100,000,000 expansion
North American Light & Power
covering
Young, Vice-President and General Manager; Philip A. Batchker, VicePresident
and
Comptroller, and Adolph Rose, Production. Manager.
The company recently elected these new directors: Donald Scott
Sharpe
of New York,
who was also named a Vice-President; and Hugh D.*
heard
by. the Commission on Oct. 3
after
having been postponed
Sept. 19, the original date, to Sept. 26.—V, 164, p. 1088.
The
issue,
Sept. 6 filed a letter of notification with the SEC
shares.
Offering price, $2.25 a share.
Under¬
was
Eaton
of
Officers
comply with the Commission's divestment order, affirmed by the U. S.
Supreme Court on April 1, 1946, as would be necessary.
argument
20
trustee
a
proceed initially to carry out the staff program for
tp&yfttent of laank loans and distribution of assets to North American
stockholders.
The trustee would otherwise take such further steps to
Oral
of
Its general office and
manufacturing plant
stock has always
been
closely held by the family of Joseph S. Eaton, President, Mr. Eaton
and his wife, Mrs. Lillian Eaton, were two of the persons who took
the initiative in founding and organizing the
company in 1917, and
Mr. Eaton has always been its principal executive officer.
direct,
aggregate about $210,000,000, compared with an estimated dis¬
tribution under the company's plan A of assets aggregating
$163,000,0.0^
The staff recommended in the brief that the Commission, in dis¬
r.hg
An
com¬
would
*°Uld
30.
this
on
dividend
stock, par $20,
initial distribution
preferred
purposes.
of 75 cents
provides
program
plete distribution of holdings of North American in Wisconsin Electric
Power Co., Washington Railway & Electric Co., St. Louis County Gas
inai
"
.
out*
Panta¬
capitalization of Pantasote Plastics, Inc., it was indi¬
of 2,000,000 shares of $1 par common stock, 150,00(1
shares
of
$20
par
$1.12%
cumulative
convertible
preferred stock
and 50,000
shares of $10 par, 4%%
cumulative B preferred stock.
MacBain
Rejection of
Company's Plans—Proposes Distribution of $210,000,000
of Company Assets—
Public
Its
cated,
underwriter.
The
North American Co.—SEC Staff Advises
The
of
The first public distribution of stock of the company, one of the
leading family-owned manufacturing companies in the carbon paper,
inked ribbon and
duplicating supplies field, is proposed in a regis¬
tration statement filed with the Securities and Exchange Commission
Sept. 19 covering 140,900 shares of the company's common stock.
The shares represent a part of the holdings of three of the present
stockholders.
The
First
Boston
Corp. is named as
the
principal
on
4%
mortgage
i
isters With SEC—
Mrs.
solidated
the
Plastics,
Pantasote
underwriter named.
Sept. 18 Authorized the company to issue
exceeding $3,200,000 first-mortgage bonds, series B,
bonds
regular quarterly
A
cumulative
of record Sept.
Old Town Ribbon & Carbon Co., Inc.,
Norfolk Southern Railway—-Bonds
The ICC
not
expansion
compared with a monthly average of
months of this year.—V. 164, p. 1330.
seven
of
-
of
President;
as
ident of
Oklahoma Gas & Electric CO-—-Preferred Dividend—
writer—Harold Loeb Co., New
Sadacca,
those
of
General Telephone Corp. $937,518 in retirement
to reimburse its
pay
for
and Henry W. Wyman, Vice-Pres¬
Vice-Presidents; Rudolph Koppel, Treasurer
Pantasote Co., as Treasurer of the new firm, and Henry Cape
Jr.,
Secretary of Pantasote Co.* Secretary of Pantasote Plastics.
The
board
will
include
all
officers, excepting Mr. Cape. Other
membefs will be L. H. Green, of Detroit, Chairman of Textileather,
and H. E. Collins, of Toledo, director of Textileather and Chairman
com¬
cumulative preferred owned by General and
6%
which
of
officials
man
by the
the
treasury for funds previously expended.—V. 164, p. 1088.
The
:v
Henri
being sold
are
resin
of
research.
Management
elude
Old Holland Soap & Chemical Co., Miami, Fla.—Files
With SEC—*
(& Subs.)—August Sales—
Noma Electric Corp.
sales
laboratory
remaining 14,000 are being sold by General Telphone
Corp. Net proceeds to the company will be used to redeem its $1,770,000
of 3% % first mortgage bonds, due 1970, at 107%%; to repay $1,450,000
and
companies
exchange
the
(no par) $2 cumulative preferred.
Underwriters, Paine, Webber,
Jackson & Curtis and Stone & Webster Securities, both of New York.
Of
vinyl
...Sr.';.-t.i.
an
tity
shares
pany
of
means
the terms of the deal, also embracing the
Plastics of the outstanding shares of Astra
Pantasote leases the plant and equipment
Under
Pantasote
from
and
1
be effected by
of the constituent
Inc.
by
Co.,
fabrics
employed in its operations, each company retains its corporate en¬
and continues under its present management, with both deriving
benefits
of
centralized
control,
procurement,
distribution and
Yelepftohe Co.—Registers With SEC-^
Ohio Associated
Plastics,
Realty
plastic-coated
will
shares
acquisition
..
The company on Sept. 11 filed a registration statement with the SEC
for $3,250,000 of first mortgage bonds, 2%% series, due 1976, and 35,000
Aug. 28 filed a
company on
sote
distribution
of
Authorized
letter of notification with the SEC
for $100 000 3%
20-year debentures. Subscriptions for the debentures
have been
received from the Newspaper Guild of New York; during
the past few weeks which v/ere accepted inadvertently believing the
debentures were exempted from registration.
Price par. Proceeds will
be used for the purchase,
maintenance, alteration and improvement
of the building and premises known as 133-137 W. 44th St., New York
The
payable Sept. 26 to holders of record
of 15 cents was made on July 15,
both
$1),
was
merger
standing
/
of its
Headquarters, inc., New York—
Newspaper Guild
Mes With SEC—
(par
initial
An
163,-p. 3421.-
stated.''
it
The
the regular
stock
common
Sept.
last.—V,
Sept. 5.declared an extra dividend of 15 cen'ts per
quarterly dividend of 15 cents per share on the
on
manufacturer
film,
*
Nov.
a
."V
independent
Nutrine Candy Co.—Declares Extra Dividend—*
.._
_
.
\,J
Monday, September 30, 1946
-
•
.
which
will
have
combined
sales
aggregating
one of
leading
and resources approximating $6,500,000, will be
major producers of artificial leathers and the
*
J.
called
a
Phillips,
President, has announced that the directors havnmeeting to be held on Oct. 18 to vote on the-
stockholders'
following recapitalization plan: Issuance of 1.4 shares
of 5% cumulative
for each share of presently outstanding 7 % cumula¬
stock. Arrearages in dividends and sinking fund requirefund requirements substituted for the present provisions.
The corporation has been advised that the exchange of shares Willi
constitute a non-taxable transaction and that the cost basis of present^
preferred- stock
tive preferred
jVoli^me
164
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4529
;
iinierr*i
shares will remain unchanged
™„.r*he8 applicable Federal income tax
no'
invoive
the
sale
of
by virtue of the exchange
laws., Adoption of this proadditional securities of the
any
company.
^PURPOSE—Net proceeds
this
money,
against
U)
dividend of $1.75 on the presently
preferred, payable Nov. 1 to holders of record Oct. 18.
amount was paid in
previous quarters.—V. 161, p. 969.
declared
a
a
CAPITALIZATION—Upon
public
f,
tne
The
corporation
of
preferred
ferred
the
has
called
sinking
stock
at
stock
The
YryY,xY; -■' V
paid
Sept.
Operating
directors
extra dividend
an
of 50
.
the
sale
of
announced
17
the
entire
&
Southern
completion
of
RR.
Youngstown
Co.
capital
stock
and
Ry.,
of
the
the
on
The
usual
(
The
the
sale, the
said,
guaranteeing
company
purchasers
-
paid
",'■
quarterly
dividend
52 %
of
convertible preferred stock
holders of record Oct. 19.—V.
to
previously
.••• ••••
$2.10
approximately $9,250,000 with
outstanding
obligations
of
the
involved
the
share
per
quarter. 'X'•••.-••.
1
cents
per
also
was
declared,
1436.
163, p.
Application
the
the
for
approval
Interstate
of
Commerce
the
purchase was filed on Sept. 17
by the Pennsylvania and
& Lake Erie Railroads.
It is shown
pany is to be have equal ownership in the properties.
that
announcing completion of the sale agreement,
President ox Pittsburgh Consolidation1, said;
....
sell
to
these
a
share on the
payable Nov. 1
/
^
i
Montour
RR.
and south sides of the
miles
out
of
of
main
track
Pittsburgh.
Consolidation
located
is
belt
line
Co.
the
most
served
are
with
connects
of
by
the
around
fashion
unfilled orders.
west
the
all
lines
trunk
mines
important
this road,
are
as
leading
of Pittsburgh
plants of the
p. 731..
x:XY. <
;i;
Y
Smith's
:
' X
'
J,
Sept. 16 by the company.
on
because
>
notes
under consideration by OPA since May
17, 1846.
relief ..was industry-wide.—V* 164.P, 284; rY*
The
.
Xx
X
j
had
glass
will
a
•
be
v,
Yxy x
stock
Of record
used
to
rials and to allow for
an
cover
increased
cost
of
on
Jan.
during
The directors
the. capital
This
on
Sept; £ declared
stock,
with
each: .quarter,.
dividend of 37 % cents per share
A
Oct.
quarterly
compares
paid
payable
15
cash
to
holders
dividends
of
25
of
record
cents
30.
Sept.
previously
A 100% stock distribution, was also made on
'*Y;
Morris.B, Pendleton, PresidenVaaneuncesthat August sales totaled
$1,200,000, an increase of 72% over the corresponding month last year,
and that the sales for
the first eight
45 % ahead of those. for the same
months cf the current
The
company,
Public
Uilities
:
for
petitioned
approval
of
issue
an
of
2,518
Department
additional
of
common
shares, $25 par value, to be sold at $31.25 a share, the proceeds, to¬
gether with available company funds, to be used to pay off $79,500
outstanding bank loans.—V. 162, p. 607.
of
Pond Creek Pocahontas Co.—Stock Split Approved—
At
special
a
two-for-one
out
of
the
in
meeting
stock
total
a
held
on Sept.
4, the stockholders approved a
Total representation was 149,410 shares
split-up.
of
169,742
affirmative
and
shares, of
984
in
which 148,462 shares were
negative.—V. 164, p. 731.
the
Public Service Co, of New
see
Federal
Light
&
Traction
Mexico—Organized^
Corp.—Output-
Electric output of the operating companies served by this corporation
for
the
pared
week
with
increase
of
Electric
ended
Sept. 21, 1946, totaled 201,203,000 kwh., as com¬
176,538,000 kwh. for the corresponding week last year, an
14.0%.
output
of
the
operating
companies served by this corpo¬
ration for the week ended Sept.
14, 1946, totaled 197,910,000 kwh.,
as
compared with 177,851,000 kwh. for the corresponding week last
year, an increase of 11.3%, •
'
1946, totaled 184,158,000 kwh.,
the corresponding week last
crease of 10^%.—V. • 164, p;: 1452.
.
,
,
,
•
; *
Radiaphone Corp,—Stock
Co.
X
•
"-X
year,
an
•'
,
^
has not
Company
The
the
reached
It will produce unbacked aluminum foil.
*-y> • -■ '■ " //"V
V/" V /
x, "
and
2
declared
the
usual
a
dividend of 25 cents per share on the
quarterly dividend of $1^37%
per
convertible preferred stock, both payable Oct. 1 to
25 cents
share
holders
each
were
also
made
on
the common stock
and April 1, this year.
No action was taken on the July 1
Four dividends of the same amount were paid each quarter
1945,-r-V,
164,* p.
1125., fx-
,,
,,4*
Offered—Barbour, Smith &
-
Corporation
was organized in California July
3, 1946, by the filing
consolidation agreement between Radiation
Products, Inc. (Calif.)
And Pacific Fabricated Products, Inc. (Calif.).
V
Radiation Products, Inc., was incorporated Nov.
12, 1936, under the
name
of Marine Radio Service,
Inc., and its name was
a
subsequently
changed in 1944 to Radiation Products, Inp. Company has been con¬
tinuously engaged in the business of engineering and manufacturing
radiotelephone equipment.
During the early years of its existence
.
this company's activities were
primarily confined
volume of business was small.In J942 Radiation
to engineering and its
and
Products, Inc., began building radio transmitters
receiving sets for the U. 8. Navy and in October, 1942, a contract
was
received
from
and manufacture
of
the
U.
8.
Army
Signal Corps
for the development
portable 150-watt radio transmitters and receiving
sets.
This type of production continued throughout the war
In 1944,
additional government contracts were received for the modification of
aircraft radio communication equipment and for the
.
development and
manufacture of
and
U.
8.
radiotelephone equipment for
Army Air
was
Force
crash boats.
not completed until the
use
This
on
maritime
vessels
type of work for the
early months of 1946.
;
>
general
7%
mortgage
:';x;'-
'
■"
.
sinking fund
x
gold
New York
Curb
xxf;"f
xY
y;.
approved the listing of
substitution for
stock presently outstanding,, pur*
Exchange on Sept. 11
Y 249,100 shares of $2.50 par common
X suant to a two-for-one
split-up.
X
x
Y
'
At a special meeting held on Sept. 18, the stockholders approved
a
proposal to increase the common stock to 800,000 shares of $1.23
par value, from 400.000 shares of $2.50 par value. v
' '
Max Weinstein, President/reported that sales for the six month*
ending Aug, 31, 1946, totaled $8,283,710, compared with $6,031.26»»
for the like period last year. This is an Increase of 37.3%.
He added!
that, if the current rate of sales is maintained, the store's volume,
X for the year will be between $19,000,000 and $20,000,000.
The new stock will be placed on an annual dividend basis of $1 per:
Y share,
with the first payment of 25 cents to be made Oct. 25 tot
v
stockholders of record Oct. 9. 1946.—See V. 164, p. 14. \
*
/Yxx'xYX^x-'X
XIYXYXYYXY
Rutland RR.—Plan
?::'vYY
X-XXY'XX'Y ;.yX* '
Approval Asked—
has asked the Interstate Commerce Commis¬
reorganization plan that will give an equity to
for a committee of the road's pre—
ferred stockholders also argued that the preferred stockholders should:
be recognized.—V. 164, p.
1331.
Counsel
to
sion
London, England—
the
for
approve
road
a
preferred shareholders. Attorneys
'
.
,
June
18,
Sac County Electric Co., Sac City, la.—Files
With SEC
The company on Sept. 5 filed A letter of notification with the 8EC"
for 1,500 shares of 4%%
cumulative preferred. ($100 par). Offering:*
price. $100 a share. No underwriting.
Proceeds will be used for re¬
./
demption of 7% cumulative preferred. Series A, and
preferred, series B, and to acquire new equipment.
1946,
6% cumulative*
that steps should
Safeway Stores, Inc.—Current Sales Up.
Period End. Sept. 7—
Y Sales
X.--
Stores
43^%—
;
1946—4 Wks.—1945
1946—36 Wks.—1945
$70,184,766 $48,908,329 $560,890i292 $440,982,012
in operation on
Sept. 7, 1946, were 2,427, compared wfth 2,457
Sept, 8, t945.—V. 164, p. 1125.
on
f
f Y Scovill Manufacturing Co.—Comomn Stock Oversub¬
scribed—Common shares of the comnany, unsubscribed
for by stockholders, were publicly offered Sept. 23 as a
secondary distribution after the close of the market by
an underwriting group headed by Morgan Stanley & Cow
The distribution was made at a price of $30 a share*,
with a dealer's discount of 750 a share.
The number of
shares offered was 85,512.
The issue has been oversubx scribed.
Stockholders of Scovill had subscribed for 64,036 of the 149,543 common shares offered to them at $3»
a share under rights which expired Sept. 20.
For fur¬
ther details as to pumose of issue, names of underwriters*
etc., see V. 164, p. 1452.
;
Seaboard & Western Airlines Inc.,
Files With SEC—
The
for
Wilmington, DeL—
'
on
company
notification .with the SEC
share.
Sept. 16 filed a letter of
100,000 shares ($1 par)
common.
Offering price, $1 a
will be used for purchase of surplus aircraft from War
Proceeds
equip
.
Durrant, Secretary, on Sept. 2 stated in brief as follows:
;>
proposed to form Rhodesia Copper Refineries. Ltd., which will
purchase from Rhokana Corp. its copper refinery at Nchanga, Northern
Rhodesia.
The new
company
will arrange to duplicate this plant
X A.
;
Ltd.—New Unit Formed—
and
by a group of present and
operate passenger and cargo air
Y
named.
W.
,
Asset*
prospective veterans, to
service. No underwrite*
>
is
immediately.
This extension will permit the refining of the total
estimated production of the Rhokana and Nchanga Mines up to the
end of 1951.
Another extension may be necessary to refine the further
increase
of production from the Nchanga Mine, which will become
Nchanga refinery
of copper a year.
has a refining
-X'.Xr/vsX-'^XAx
the authorized
capital of which will be £2,500,000 in £2,000,000 preference shares and
£500,000 ordinary shares.
All the ordinary shares will be held by
Rhokana Corp. Ltd.,
and Nchange Consolidated Copper Mines Ltd.
—V. 154, p. 1496. operative
capacity
about 1952.
The
of 62,000 long tens
npw
Shaycraft, Inc., Newton Square,
x-
Pa.—Files With SEC
Sept. 23 filed a letter of rotification^ with the SEC
for 6 000 shares of 6% cumulative preferred stock (par $10) and 6,000
shares voting common stock (par $1) to be offered in units of one shar*
of each at $11 per unit.
The issue is not underwritten, but will be
Y sold by officers and directors.
Proceeds will be used for additional
equipment, woolen and cotton yarns and working capital.
X
The company on
Steps are being taken to form the refinery company,
(Tex.)
Sherman.
With SEC—
•
Industrial Foundation, Inc. x— File#
yyVK'xy
;':^Yx':':;.y: y-'
■
-
on Sept. 6 filed a letter of notification .Trtth . the SEO
preorganization subscriptions aggregating $105,000 which
be
surrendered in exchange for 2.100 shares (par $50 each) of common.
Riegel Textile Corp., New York—Files With SEC—
Offering price, $50 each.
Underwriting, Colwick and Son, broker*.
Members of the Sherman Chamber .of Commerce have - agreed to take
The company on Aug, 30 filed1A letter of notification with the SEC
for 2,940 shares of $10 par common.
Offering price, $37.50 a share.. Xthp stock for the purpose of establishing a postwar planning and
Underwriting, Henry T. Mills, Greenville, S. C. Proceeds will be used x development fund for purchase of industrial sites and build building*
to reimburse treasury for previous expenditures,
x^
:'XXX"X;-..--v;- -x:-X for purpose of attracting additional industries to Sherman.
The company
: tor
*
Silica Products Go., Inc., Tacoma,
Rochester Button Co.—Declares Extra Dividend—
.*
directors
declared an extra dividend of ,75 cents
per share and the usual quarterly dividend of 25 cents per share
In December, 1945, Paeific Fabricated
Products, Inc.,. .acquired A k on the common stock/ par $1, both payable Oct. 15 to holders of
mill and woodworking* plantMor
record Oct. 5.
Like amounts were paid on July 15, last. Previously,
the'purpose of complemeting ..the
home radio set production of Radiation
only regular payments
of 25 cents per share were made each
Products, Inc., by the manu¬
facture of the wooden cabinets therefor;- - ;
.
r •
o: quarter.—V. 163, p. 3423.
"
x •
" XXX" Xarmed forces
outstanding
due
Y Administration
in¬
on
.
498,200 shares of $1.25 par common stock issuable in
'.r-:
iv
400?000 jShares of Its Own Stock and Subscribes for
Rhokana Corp.,
...
Xi-
1946—8 Mos.—1945
$8,286,873
$7,403,208*
X> ;//v X' X.' Y ':
*
compared
as
Aug. 19 offered 168,528 shares of common stock
(par $1) at $1.25 per share. " •Y.- y ^-y.x;y- vyy:;.:~ • • v
of
and
Proceeds
Electric output of the operating companies served
by this corporation
for the week ended Sept. 7,
with 166,957,000 kwh. for
x
V
share,
a
underwriters.
,
voted
Co.
Public Utility Engineering & Service
corporate funds.
$100
no
the Nchanga company announced that the board
be taken greatly to increase production
and that it was proposed to raise now a large proportion of the capital
which would be required to extend the capacity of the mine and plant
so
that production would be more in keeping with the potentialities
of the property.
The Nchanga company accordingly applied for per¬
mission to make an offer of shares for subscription by the members
of the Nchanga company sufficient to produce abou$
£4,000,000. * X
•'It was found that, in order to furnish the funds required for sub¬
scription of its pro rata proportion of Nchanga stock and also to
restore a reasonable amount of working capital, a sum of approxi¬
mately £500,000 would be needed.
To raise this sum by means of
an offer to individual stockholders was regarded as quite impracticable
in view of the very large number of stockholders concerned, among
whom would have been approximately 3,000 holders of small amounts
of stock who would have been excluded from applying if an offer had
be'en made on a pro rata basis.
? r
'
x
. *
X x
The
directors accordingly
consulted the Anglo American Corp. of
South Africa, Ltd., and an agreement was reached whereby the latter
corporation wculd subscribe for 400,000 of the unissued shares of
Rhodesian Anglo American at 2s. under the market price on the day
on which the arrangement was finally agreed upon.
The price on that
day was 28s. 9d. so that the shares were sold at 26s. 9d. (or at a
premium of 16s. 9d, per share), x
X x
The Capital Issues Committee has now notified its approval of both
applications and the Nchanga company is proceeding forthwith in
the matter of its new issue of capital, whilst the necessary steps are
being taken by the Rhodesian company to issue to the Anglo American
Corp. 400,000 of the unissued shares of the company at a price of
X26S;. 9d. per share, equivalent to £535,000. •;
X
It is proposed to apply for permission to deal on the London Stock
Exchange and have a quotation on the Johannesburg Stock Exchange
in the new shares.—V. 145, p.1113.
,
the v Massachusetts
/
A statement in
On
Co.- -Plans do Issue Addir
t
at
Sept. 20,
had decided
■
"
;V;
the
of
The
;
company.
were
year
peripd in l945.—V, 163, p. 1732.
Plymouth County Electric
tional Stocky- ;<• ■
'
'1
registered with the SEC.
are
Ltd,, and it is also indirectly interested in the same concern through
the holding by Rhokana
Corp. Ltd. (in which the company holds
52.39%
of the issued capital)
of
£2,000,000 stock of the Nchanga
May 1, this year.
">
Russeks Fifth Avenue, Inc.—Split-Up, etc.—
y
connection with the Issue of reserve capital, dated
Sept. 2, said in part:
One of the company's major assets is the
holding of £1,146,601 stock of Nchanga Consolidated Copper Mines,
,
X-
Payment will.be, made at the Bank of Montreal in Toronto, Montreal
Ottawa, Hamilton,-London (Ont,), St. John, Vancouver or Winnipeg.
Canada, at the holder's option, or at The Royal Trust Co,, 436 Main
Street, Winnipeg, Canada, or 66 King Street West, Toronto, Canada*
—V. 127, p. 1960.
'
;
Pro Rata Portion of Nchanga Stock—
v
«
1946—Month—1945
$1,262,495
$989,116
164, p, 1125.
All
.
Plomb Tool Co.—Dividend Rate Increased—
on
not
preferred
There
Rhodesian Anglo American Ltd.,
Sells
equipment and mate¬
operating surplus.
share.
*<"5
Distributions of
.
be
were
the
100,
a
general
''y.-
the 5 V2 %
on
The company on Sept.19 filed* letter of hotificatioh with the SEC
500 shares ($100 par) common.
Offering price, $100 a share.
will
at
stage of actual production.
payment.
for
x
Reynolds Metals Co.—Declares 25-Ceni Common Div.
Manufacturers Trust
Proceeds
to
added
securities
cents
The directors have
Plantation iFubdV Irtc., Burton, 8. C^-Files With SEC
si;r.,
sold
10
been
Application for price
Y-r'W
Co,^Tnistee Appointed-*
earlier
be
at
s
Co., New York, N. Y., has been appointed
trustee for $7,250,000 collateral trust
15-year sinking fund 4% bonds
due Sept. 1, 1961.—V. 164, p. 1331.YYY'iY
,
the
will
common
(The),Pft^on
,
,>•■*
164, p. 427.
being
common
Substantially similar increases
in jobbing prices*-will become'Affective at once, i vxY >
The company stated that price relief on window
Danbury, Conn.-
notes, due 1966; 2,500 shares of 3Mi% preferred
15,000 shares of common stock (no par). The
registered include notes, preferred and common pre¬
viously sold to private subscribers for an aggregate price of $464,384.
The company is offering to repurchase these securities with interest
and repffer them to the public.
The purpose of the recission offer is
;; Increase in factory, prices of window glass amounting to approxi¬
mately 18%, as approved by the Office of Price Administration, was
Announced
to
The company on Sept. 6 filed a registration statement with the SEC
.
PittsburghPlate; Glass Cp<--Increases Prices—
4%
common
for $500,000 of 3%%
stock (par $100) and
Ferry by barge on the Ohio River.—V. 164,
\, v. X;
t *Y-* '
; - y.
j,Xy yy yy.f;:■ . yy, : 'y. YYXYyX
Y'Y
Sept. 12.—V.
July 2, 1938, have been called for redemption on Oct. 1,
next, at 100, plus simple interest thereon at 5% per annum from
July 2, 1938 to Oct. 1, 1946.
The amount which will be paid ia
respect of each of the interest coupons due July 2, 1937, on Jan. 2^
1938 and on July 2,
1938, is the stated amount thereof, together
with simple interest thereon at
7% per annum from the due dates
thereof to Oct. 1, 1946,>X-Vx,Yf xfx-::
X;-X
-x*-\-■'. - •X Y ;x
.
securities
x
cash dividend of 25 cents per share
a
common
bonds
:
trict at Youngstown, Ohio.
It was formed by the merger of the
Pittsburgh Lisbon & Western RR. and the Youngstown 6i Suburban Ry.
A large annual volume of
Industrial coal is moved over this road
Common Diyidend- -In!-*
Bonds—
fx:;
■-
Republic Foil & Metal Mills, Inc.
Registers With SEC—
Cable Corp.—25-Cent
xXYXx?vv".--"XX',X,-X.Xi-;'>x' '• Xs"..X-; *:'XXX :.X x.:.-,.x
x-.- ■'
■
•■...■' •
xl f Royal Exchange Building Corp., Ltd. (Canada)—Calls
;
The Youngstown & Southern Ry. is also primarily a coal carrier,
operating mainly between coal handling and transportation facilities
privately owned by the Pittsburgh Consolidation Coal Co. in the
vicinity of Smith's Ferry, Pa., on the Ohio River, and the steel dis¬
to
x
yet been set but the company indicates a dividend rate of
4y2% and that there will be a provision for conversion into
stock.—V. 162, p. 3118.:' V'-".'
X;
comes
V.
Preliminary discussions have been held with Hayden, Stone & Co.
and Kidder, Peabody & Co. concerning the
financing.
The dividend
payments, conversion features, etc., of the new preferred have not
United States Steel Corp. and other coal producers. In an average year,
135,000 loaded freight cars are moved over this road.
which
;-
-
523,818;
869.
Period End. Aug. 31—
convertible
The
It operates approximately 50
Pittsburgh district.
which
Some
Coal
in
authorized
$751,453
384,993
Sales
2,500,000 from 2,000,000.
preferred, of which none is
'>..X.-v-.4v.
company states that additional working capital will be required
for operating purposes and for the purchase and
acquisition of addi¬
tional facilities and equipment.
Company presently has $80,000,000 in
railroad
properties is promped by a
desire to withdraw entirely from ownership in common carrier rail¬
roads and thus to enable greater concentration by the company on its
primary Job of mining and selling coaL"
The
presently
to
.issued, would:be eliminated;
-
.
.
shares
common
$601,994
Rose's 5, 10, & 25-Cent Stores, Inc.—August Sales In¬
creased 27.6%—
special meeting of stockholders is scheduled for Sept. 27 to approve
issue of 200,000 shares ($50 par) preferred and to increase the
The
$92,706
62,111
9.157
The directors have declared
record
new
authorized
Love,
H.
George
.
decision
A
com¬
Yxx;:r,;
In
"The
each
$37,509
*
July 11,
Republic Aviation Corp.-—Plans Preferred Issue—
Commission
Pittsburgh
$4,217,390
2,730,64$
735,295
An initial dividend was
also declared covering the period betweei*
1946, and Oct. 1, 1946, at the rate of 4% per annum on th®.
cumulative convertible preferred stock, payable Oct. 1 to holders ofT
each
v '
Youngstown & Southern Ry.
with
714,199
stock, payable Sept. 28 to holders of record Sept. 12^
Previously, the company paid dividends at the rate of 15 cents per
share each quarter and, in addition, on June 27, 1946, and on Mardfc
29, 1945, extras of 25 cents each were disbursed.
x
The directors cn
Sept. 19 declared a dividend of 15 cents per share
the common stock,
par $5. payable Oct. 5 to holders of record Sept.
25.
This
compares with
25
cents
Montour
company's
$4,592,814
3,276,621
113,466
p.
Rome
Reliance Electric & Engineering Co.—Smaller Div.—
agreement
an
RR.
private
railroad track and facilities between Smith's
Ferry, Pa., and Negley,
Ohio, to the Pennsylvania RR. Co. and the Pittsburgh & Lake Erie
the
398,849
76,894
tial Preferred Payment Also Declared—
■
covering
And
$605,021
547,197
operating income
the
2,963
$661,600
taxes_„__
—V. 164.
■■
OCT
O
cn»>
revenues-
Net income
cents in each of the
on July 1, last year,
share.—V. 164, p. 596.
cents per
Net
v
3 '
on
$4,220,353
e
expenses__U
Operating
Operating
the
v; ;
of
on
^bf-Twa-RaUroads^;^
on
om
371
pared with 25 cents on April
1, 1946, and 12 ^
four quarters of 1945.
In addition, the company
Pittsburgh Consolidation Coal Co.—Plans Sale of Stk.
company
shares
1946—7 Mos^-1945
$4,598,337
5,523
A vT
0
"
Sept. 10 declared an extra dividend of 50 cents
per share and a regular
quarterly dividend of 40 cents per share on
tne common
stock (no par), both payable Oct. 1 to holders of record
Sept. 25.
A distribution of 40 cents was made on
July 1, last, as com¬
record
to holders of
15
,Yx^'
The
31—"
1946—Month—1945
Operating revenues-—».$662,388
$605,392
Uncollectible oper, rev.
788
completion of the proposed financing and
there will be outstanding 450,000
capital stock.—V. 164, p. 958.
:
($1 par)
Reliable Stores Corp*—Declares Extra Dividend—
share.
per
has been
declared, payable Oct.
1.—V. 163, p. 784,
-
Oct.
Rochester Telephone
Corp.—Earnings—
Period End. July
_
for
fund,
$102
offering
company's
redemption on Oct. 15, next, for
a number of
shares of $4 cumulative
Payment will be made at The
Corporation Trust Co., 120
Broadway, New York, N. Y.
The
regular quarterly dividend of $1 per share on the $4 pre¬
Account
It is the intention that
will be $168,528.
$50,000 borrowed on a first trust deed note
real property will be used for payment of
net
,
Pilisbury Mills, Inc.—Partial Redemption—
company's
,,e8 ^ue bank, $46,000; (2) balance due on real estate, $42,500;
interest due, $4,051; (4) excess profits taxes
due, $43,592, leaving
increase in cash of $82,384.
/•si
2!rectors have
outstanding
along with
the
1637
.-r.'
The
on
Sept.
16
qvp
.
"
•
■
Wash.—Files With
X-
Sept. 9- filed a letter-of- notification-with the SEC?
for 300 shares. ($100 par) capital stock.. Offeringjsrice $100 a share.
The shares will be sold through agents.
Proceeds will be used for.
development and production of agricultural and commercial
lime.
The company
on
jrf'yyv
Sioux City Gas & Electric
The
The outstanding promissory note may be prepaid as a
100Vt% of the principal amount thereof. The prepayment
Co.—Correction—
the "Chronicle" of Sept. 2,
earnings published in
the 12
cover
'
months ended July 31,
30, 1946, and 1945
1946, and 1945 not the 12 month* ended June
shown. See V. 104, p. 1251.
as
together with accrued interest
r
from Its general
pany
funds.
whole
at;
•
last, and
premium,
note, will be paid by the com-^
the
on
Monday, September 30, 1946
were
..
as
dends
Sioux City Stock Yards Co.—To
The stockholders on Sept.
The
had
company
Sell Bonds Privately
of
4%
first mortgage
entered into for the issuance
mortgage sinking fund 3Vi%
to mature Sept. l, 1966 and to be
$971,000
outstanding
the
HISTORY
company, a contract has been
sale of $1,000,000 of first (closed)
and
bonds
be
to
dated
Sept.
1946,
mortgage covering substantially all of the properties
secured by a new
of the
company,
l,
Dec.
of
Trans
BUSINESS—Company was incorporated hi Florida
a public utility operating wholly within the State
engaged principally in the electric light and power
but
is
also
does
small
a
and
ice
water
business
-
,
y
of
electric
an
1946, when it sold its street
its street railway business.
From
Co., Detroit—Registers With SEC
time
to
time
street
;
acter
past, the company has endeavored to
water properties. It does not intend to cease
other than the possible sale of its water properties,
no present Intention of changing the general charits business and will continue to
promote add develop its
of
Betbany
(W.
Va.)
College-j-Debenturest
A,
at prices
turity.
ranging from 100.25 to 101, according to
ma-t
-
'
Dated
purchaser for its
a
1
the
for
Trustees of
system until Aug. 1,
supplies and discontinued
car
of
;
Co^To Redeem Preferred Stock—
Offered—B. C. Zeigler & Co., West Bend,
Wis., recently
offered $550,000 (2%-3%) series debentures, series
railway
and
cars
year
Divi¬
'
upon presentation and surrender of said stock
certificates
at fho'Nationai Bank of
Lacrosse, La Crosse, Wis.—V, 164, p. 1127.-5
-
the
in
Payments last
business.
form
these efforts but,
the company has
'
The company on Sept. 3 filed *
registration statement With the BEC
for
40,000 shares
($25 par)
5%
cumulative convertible preferred.
operating
1946.
103, p. 1773. * ;
be received:
It Is
and
April io,
on
this issue.—V.
on
outstanding shares of 6%
preferred stock have been
redemption on Dec. 1, next,
at par
($100 per share)
and dividends.
Immediate payment -of the full
redemption price may
Company has
been engaged In the electric light and power business since It was
^ incorporated and in the water and ice business since Nov. 27, 1922.
Company had also been continuously engaged since inception in the
find
Soss Manufacturing
All
called
;,
majority vote of the stockholders.
<
The proceeds of the new bonds, at the time of the issue and sale
thereof, will be applied, to the extent necessary, to the redemption
pf-the 4% first mortgage 15-year bonds.—V. 162, p. 818.
,
AND
1899.
business
which will provide for a sinking fund of $35,000
annually to retire the new bonds.
The new mortgage requires authori¬
sation of
2,
Florida
share
per
in arrears
"
■
CAPITALIZATION GIVING EFFECT TO PRESENT FINANCING
v-"'---"-.--,"--;:: "r-VC-."i.
^
1st mtge. bonds, 2%% series due 1076
$7,500,000
$7,500,000
Common stock (no pgr)
000,000 sbs.
597,866.86 tibsi
16 approved new financing.
of $1
one
follows;-July 10, $1.50; Sept. 28, $2, and Dec. 14, $3.50.
are
■■
of
rif*T;*'
..
THE COMMERCIAL & FINANCIAL CHRONICLE
1638
cipal
,
and
July 1, 1946; due serially 1948-1961. Debentures are in coupon;
registerable as to principal. Prin-~
payable beginning April 15, 1947 and each Oct.-15
April 15 thereafter at the office of First National Bank of West
in denom. of $1,000 and
$500,
and interest
>
Bend (Wis.),
present business.
' '
Both principal and interest payable in lawful money of
the United States of America.
Company's electric light and power business consists of generating
First National Bank of West:Bead,"
and
West Bend,
ratio of one preferred share for each five shares of common
purchasing electric energy and distributing and selling it at
Wisconsin, trustee; Louis Kuehlthau, West Bend, Wiscon¬
held.^vretail and wholesale In 40 communities in Florida
Unsubscribed shares will be sold to underwriters at same price.
having an estimated 3 sin, co-trustee.
Pro- ■;
population of 281,500. For the 12 months ended June
ceeds will be used for expansion of
30, 1946, electric
plant facilities and for additional
ITJIIPOSE—The proceeds shall be applied by the corporate trustee
revenues
derived from service within the City of Tampa
working capital.—V. 161, p. 1248.
as follows:
comprised
Underwriter, Ames, Emerlch
ftred
to
61
stockholders
common
Co., Inc., Chicago, Stock will be ofsubscription at $25 a share in the
r
44.4%
Electric
output
2,324,000
responding week
Electric
output
2,267,000
responding
Co.—Weekly Output—
for the week ended Sept.
kwh., as compared with 2,149,000 kwh. for
last year, an increase of 8.1%.
of this company for'the week ended Sept.
kwh., as compared with 2,169,000 kwh. for
last year, an Increase of 4.5%.
/
totaled
totaled
this
of
week
company
of
the
total electric revenues of the
company. All of the company's electric system is Interconnected, with the
exception of property
,
Southern Colorado Power
1
In
;
which
has
estimated
an
Operating
Operating
Southern Ice Co., Charleston, S. C.—Files With SEC—
Power
underwriters
the
of
Co.,
present
sale.
Proceeds
to
go
the
selling
The
directors
The
>
£
have
establishing a retirement
postponed until Oct. 18<
|
to
voted
redeem
Dec.
on
1,
next,
income
for
program
at
employees
directors
share
Oct.
the
on
8.
Goldman,
The
was
been
of
made
on
Dec.
A
record
June
on
regular
a
declared
extra
dividend of 70 cents per
Oct. 15 to holders of record
semi-annual dividend of 40 cents
15,
6.
last,
the
issue,
same
distribution
and
initial
an
of
of
payable
40
like
cents
Dec.
On Oct. 15, 1945.—V. 164,
p. 14.
;■ J;,,
,
,
Kv; i-'.•.I i,
-.J &■/';.4?; v^...•'v/*':
was
Period End.
Aug. 31—;
sales
—V.
1946—Month—1945
164, p. 1331..
$10,522,514
Starrett Corp., New
The
Of
company
Sept.
on
$2,686,000 of 5%
v'i.,:
filed
with
the
receipts
for
of
receipts
for
bonds
effective,
of
due
and
1966,
amount of
deposit
and,
$1,000
for
each
after
the
principal
40 shares of
secured
income
$1,000
plan
of
amount
$1
par
of $1,000
principal amount
principal amount of secured
exchange has been declared
of
4%
common
collateral
for
each
trust
If, in the judgment of the company's
directors, sufficient acceptances
received by Dec. 31,
1946, or any extended date, the plan will
be abandoned/—V:
163, p. 1482;
are not
,
.
Stickley Bros. Corp,, Grand Rapids, Mich,—Files
With
SEC—
on 8ept' 17 filed letter of notification with the SEC
debenture notes.
Offering price, $1,000 a unit.
Pro7? iUSe£ for general corporate purposes and to Increase
lor $200,000 6%
working capital.
Issue not
underwritten".
Bros.
has
agreed,
amount
Co.
1,400,000
Hutzler
1,300,000
1,050,000
1,050,000
—
Weld &
set
$1,700,000
Corporation
&
severally
bonds
of
underwriter below:
500,000
Co..
500,000
164, p. 1252.
;
PURPOSE—Net proceeds will
be
used,
the company, for the construction of
In event that conditions
render it
a
together with
new
other
funds
foundry, net proceeds will
to
proceed
be added to
capital.
with
4.32%
conv.
TO
Sept. 5,
pfd. stk. ($25 par)—
PRESENT
1946,
the
stockholders
authorized
stock, from $100
Preferred
needs
*
stock,
revenue
machine
on
miscellaneous machine work.
time, approximately 70%
Is
derived
and tool
from
the
foundry
division.
business
company's
and
30%
of
Economy Grocery Stores Corp, above.
the
the
•
»»3K,.<i?rp,or^tl0".,0? Sepfc*
12 announced that 19,000
Oct. 14, with holders
Z,10,? ^lU b® redeemed
$1.13, plus
^
;ton
0f r.coM
Chemical
lM,
Bank
stock which
and
Trust
Co
not
are
New
York
Taxes
Taxes
$25,199
23,209
$15,000
13,747
119,578
68,603.
50.975
170,412
353,910
274,610
76,985%
57,997
126,142
.165,313
37,500
2,112,855
1,211,503
'
480,052
439,923
183,644
•Six months ended June
30, 1946.—V. 164,
k
?
est.
gm?
-The
aC5S
bonds, 2%%
issue
or
at
the
officea of
Ll
on!?
i
i
a*'p,jjncipal & Co., of trustee,
office
Morsan
t
5.
Incorporated
$1'000' registerable
bonds in denominations of $1,000
StreirTr,Sero0fnC0,UP0Vnd
Fla
cJ-trustee" Bonds will be
xia,,
co
inistee.
JtodS011 and through
PaSnt o^sV?
bonds
in
as
New
^irst 8avings & Trust
redeemed
1
an
principal'
to
Sec
p. 1332,
armnai
sinn™/
ftFl 8^a*®s ^n^principal6 anmunt^'of
converted
igto
he
plus
would
value
of
plan
merger
of common
stock
and $50
of
present
of
7%
cumulative
such
value
par
receive
his
each
stock of
the
preferred
of
in
the
as
*
com-:-
which
same
mailed
would
he
paid
Issued
stock."
*
value
'
shareholders
ir,
on
estimated
'
to
%■
W:
.
common
continue unchanged as
value.
par
to
be
It is
will be
par
woiild
dividends
may
merger.
present preferred
share of $12.50
merger
stock
preferred
dividends
value of the. securities
aggregate
the
holder
amount
receive,
stock
equal the
preferred
a
'
shortly after Sept.
164, p. 1332,
-
.' '
-
'
■*
.
J:
,
City Stores Co. -above,—V. 161, p, 248.
World Investment Trust, Boston—Registers With SEC
stock,
common
par
$5,
both
An extra of 10 cents
Sept. 26.
payable
was
paid
Oct.
on
to
3
Jan.
2654«f
P.
holders
of
Textileather Corp., Toledo,
All
$110
J.
"
of
beneficial
Co., Boston,
;
Price,
interest,
$1
at market.
value.
par
Underwriters,
Proceeds win be
used ior
';
-
^
i
Central
Illinois
RR.
above.—V.
164,
p.
735.
Yolande Corp., New York—Registers
of the
outstanding 5,250 shares of $100 par 7% cumulative pre¬
stock have been called for
redemption on Sept. 30, 1946, at
per share and dividends.
*
U.
Lippman, President, announced that this
redemption - is a
142, p. 4195.
With SEC—
Sept. 17 filed a registration statement with the 8EC r;
50,000 shares ($1 par) common stock.
Underwriters are headed
by E
F
Gillespie & Co., and include Childs, Jeffries & Thorndike,
Inc
New York; Courts & Co., Atlanta; Irving Rice & Co., St. Paul,
*
The company on
V for
"
.
and'Maxwell,
,
preliminary step to the merger of this company with The Pantasote
Co., Pasaic, N. J., to create Panasote
Plastics, Inc.—V.
y
Mississippi Valley RR.—Acquired-
Yazoo &
&
Preferred, Stock to Be Retired—
..
6c
record
4, this year.—V. 160,
O.—Merge*—
See* Pantasote? Co.-. abovsr--:-
:
shares
for 200,000
Furst
■investment.
<
Marshall & Co., Los Angeles and New York.
Price, $10
net proceeds of $400,000, together with $87,125
Estimated
share.
a
from the sale of 10,250 additional common shares of J. William Anchell,
i Vice-President,
$8.50
at
share,
a
will be
used partly for
the
purchase
"
prices.
the
be
The company on Bept; "3 tiled a registratioh 'statement with the SEC r
of
10,995 shares of capital stock of Island Needlework, Inc., of Puerto
out of a total of 11,000 outstanding shares.
The shares will be
purchased for a total price of $220,522 from Mrs. Gertrude S. Korsb,
sister of Herbert L. Miskend, present and treasurer of Yolande Corp.
State
Co. of Tampa,
le6ular and special redemption
proceeds will be applied first toward
Tea?lPeTr«
York
and authorized
interchangeablj^
through
(Feb.--
in Boston, Mass.,-;
riii?Arl!inh Aat4ion^of
*
interest
would
(R. H.) White Co., Boston, Mass.—Control—
37.500
ferred
and
stock
;
series due 1976 at 99.48 and inter¬
has been
oversubscribed.
v
;
1976- Principal
sell
26,250
Terre Haute Malleable &
ItHg* Co.—Extra Dividend—'
—
1( 19t?: due Aug" 1-
1
the
to
"■
?The directors have declared an extra dividend
of 5 cents per share
the regular Quarterly dividend of 10 cents per share on the
Bond Issue
Oversubscribed—I*'
on ?ept 25 offered $7,500,000 first
preferred
Proxy statements will be
See
ITampa Electric-Co.
to
~
outstanding prior to the
30.—V.
37,500
;
106,659
,
effective,
^
dollar
same
,i7.5«n
228,409
share
37,500
.and
h..
will
stock
Divs.
$16,973
re-
>
N- 'v
Com.
36,956
$U3' Payabla 0,!t- 1 t0
Registrar—
i
$42,172
1941——
1940—-—;
wtc
being
Net After
1943—1,802,526
1942—2,537,938
the
fTZf fagent and registrar for $4,000^000 20-year £
debentures due Aug. l, 1966. For offering, aeej
1452
p
6c
him
Income
$806,453
1,378,342
1944iw^i^r^: 1,428,423
fund
the
.
that
means
entitled
common
that
Taxes
♦1946 (6 mos.)
1945
\
remaining 17,950 shares at
l0reeUlar <"VWen<1
8ept
Trustee, Paying Agent
v!
Its
17,cents dividend accrued from
Oct. 1 to Oct. 14.
shaIes of preferred
The
of
receiving dlvi-
made when certificates are surrendered, v
■
I050 /hares are to be redeemed at the sinking
pr:Ice of $103.50 and the
Optional redemption
price of $106.50.
holder,
ft
shares
Net Before
Sales
7%
•
the
now
Under
Net
Years—
becomes
merger
and
cumulative
stock.
"This
is
SUMMARY OF earnings
Calendar.;
Sun Chemical Corp.—Partial
Redemption—
value
par
3Va%
new
mon
gross
from
the
preferred
new
expansion
par value
of new 3V2%
cumulative preferred stock and
$1,999,350 par value of common stock. For every $100 par value of
present 7%
preferred stock there would be issued $200 par value
%
h' Qe*
post-war
receive
the
of
if
proposes,
authorized capital stock of the
650,000 shares of serial preferred
$100 a share, and 18,000,000 commpn
or $12.50 a share.
of
$7,997,400
;
present
par
company
$3,998,000
v
Company manufactures two sizes of variable
speed drilling machines,
milling machines, foot and power
spring presses and also
varying types of special machinery built to customers'
specifications.
It
also
the
value $65,000,000, or
value $225,000,000,
par
.
the
consist
-•
vertical
At
■
approved,
stock as part of the financing for
rearrangement program and for additional working capital requirements.
•'
The first step in the
financing program was taken recently when r
the company sold $30,000,000 of 2%%
debentures, due Sept. 1, 1971.
: "By
the merger/', Mr. Price declared, "the presently outstanding '
its
*
..
is
would
$50,000,000 of the
the
par
.
.
$50,000,000 of New Pre-,|
I
demiier.
merger
company
shares,
as
Involved.
stir
the
parent
to $10 par through the
exchange of 10 shares of $10 par stock for each share of $100
par stock.
HISTORY AND
BUSINESS—Company was incorporated in Connec¬
ticut in 1901
of
|
electronic
The
Phoenix Iron Works
Corp., subsequently changing name
to present title in 1907.
Company manufactures gray iron alloy, castings to meet customers' specifications for
strength, resistance to wear,
heat, corrosion and such other qualities as are
necessary to best serve
Issue
on Sept.
23.
V The
Benolite company,
located at Manor, Pa., makes insulating
varnishes, and the Sturtevant company manufactures air-handling, |
ventilating and air-conditioning equipment and the precipitron, an
''
in
and
nounced
of
$281,250
reduction
Stock
The stockholders will hold a
special meeting, on Dec. 5 to consider t
merging with this company the Benolite Corp. and the B. F. Sturtevant
|
Corp., two wholly-owned subsidiaries, Gwilyn A. Price, President,. an-
Outstanding
the
1
•,
ferred Shares—
the
375,000
'
r
'
.
the working
'
civilian enrollment.
100%
a
•
FINANCING
$281,250
515,630
($10 par),
value of the common
par
EFFECT
Authorized
cum.
Common stock
On
GIVING
for
program
Westinghouse Electric Corp.—Plans Merger With Two %
Subsidiaries, Reclassification of Present Participating
If
CAPITALIZATION,
two-semester
a
■■
foundry In Windsor, Conn.
impracticable
construction of the
carries
Stop & Shop, Inc.—New
Name—Stock Split-Up—Ini¬
tial Dividend Declared—
1
with
The holders
of
the common stock of record
Sept. 4, 1946, were
offered the right until
Sept. 13 to subscribe to 11,256 shares of 4.32%
cumulative convertible preferred stock
at $26.50 per share In the ratio
of three such preferred
shares for each share of the common stock held.
the
*
of the
21,294
~
bonds,
$1,000 principal
bonds.
$1,277,549
Taylor & Fenn Co., Hartford, Conn.—Preferred Stock
Offered—Putnam & Co. on Sept. 16 offered
6,828 shares
of 4.32% cumulative convertible
preferred stock
$25
par) at $26.50 per share
representing the unsubscribed
portion of 11,250 shares offered to common stockholders.
deposit
bonds, due 1950; $2,686,000 of 4%
collateral trust bonds, due
1966, and 107,440 shares ($1 par) common.
Guaranty Trust Co. of New York will act as
agent to receive deposits
of secured Income bonds.
The registration was filed in
connection
with the company's
April 1, 1946, voluntary plan of
exchange of securi¬
ties.
The securities are offered in
exchange for the company's 5%
secured income bonds, due
1950, at the rate
Income
,37,754
$1,189,495
'
1946—8 Mos.—1945
SEC
$1,269,019
38,348
&
First Boston
White,
,
$6,192,938 $61,857,010 $40,161,976
Income
4,740
States
combined
a
$1,290,313
—V.
paid
York—Registers With SEC^-
20
secured
4,lit
$1,355,955
78,406
1
Spiegel, Inc. (& Subs.)—August Salds Rose 69.01%—
-
Net
0,333
$1,227,249
$1,443,384
Sachs
national
in scope.
There are today 7,925 congregations in the
affiliated with the Disciples.
These congregations have
membership of 1,672,788. Many colleges and universities
have been established by this Church group, among them Butler Uni¬
versity at Indianapolis, Indiana; Drake University at Des Moines,
Jowa. ^and Texas Christian University .at Yorfc Worth./Texas.?
v
,
Buffalo Seminary for some years offered educational
opportunities
for the youth of the community
asa well us training for young^men
in the work of the Christian ministry.
•*,- I
A charter was granted to the Trustees of
Bethany College by. the |v
Legislature of Virginia on March 2, 1840, authorizing the establish¬
ment of a "seminary of learning for the Instruction of
youth in the
various branches of science and
literature, the useful arts, agriculture, V
and the learned and foreign languages."
*
In October of 1841, the first session
opened wtih over 100 students
from nine states In attendance.
The early leaders envisaged a college
of great usefulness for the
training of thoughtful leadership in bUfci- *
ness
and the professions as well as the
church, and they set for the |
college a fine tradition of liberal scholarship and standards of
excel-^
lence in accomplishment and personal living.
"
In the Fall of 1946 the
College resumes its first full postwar year
$1,285,573
$1,481,732
'
re- ~
"HISTORY—Alexander Campbell, a leader of a great movement for
,.
unity and religious democracy from which sprang the Bro¬
the Disciples of Christ, inaugurated Buffalo
Seminary :at Bethany, Va., in 1818. The movement for Christian unity which Mr. U
Campbell for fifty years sponsored in his travels a? a preacher grew
to be
$1,351,844
construction
Christian
16
■
*•
$1,220,916
new
therhood of
709,178
4,264
.
name
Riter & Co.
share
per
amount
$1,477,408
509,212
Kidder, Peabody & Co.
W
C. Langley & Co.
stocky payable
addition,
has
an
,536,463
2,852,665
352,000
deductions
Salomon
declared
common
In
-
per share
to holders
have
626,635.
669,000
668,522,
628,000
161,200
UNDERWRITERS—Each of the underwriters
not jointly,
to purchase,
the principal
Declares Extra Dividend of 70 Cents—
The
430,000
•.
and
par,
plan for
has been
a
401,852
465,000
490,000
685,833
Net Income
opposite the
on
479,248
776,000
.
Gross income
stock¬
Income
of 50-year 5 %' debentures due Nov.
1, 1989.
special meeting scheduled for Oct. 10 to vote
509,179
United
Income
oper.
'
$0,724,944
598,554
-
as a
,
1043
$7,363,312
3,291,525
480,000
3,233.449
409,000
Other Income—net
(A, G.) Spalding # Bros., Inc.—Partial Redemption—
$82,500
$7,700,620
—482,790
retirements—
490,000
for
Utll.
-
1331.
p.
expenses
Taxes, general
Fed. norm, tax St surtax
Fed. excess prof. tax„
'
all of Charleston, S. C. Notification
stated that Stone 6c Webster has been advised
by J. B. Mahoney that
some or all of the persons named above
propose to offer to the public
commencing on or about Sept. 11 some or all of. the shares at the
market price.1 The company denies that
any of the persons will be
holder.—V. 104,
$7,070,770
3,188,470
purchased
Prov.
The
Pringle 6c
revenues
(2) (a) $5O,OO0 to Bethany college
volving fund for the payment of costs incurred and to be incurred ;
in connection with construction of new
buildings, and enlarging "C
••/;,^i«lterinfr«existing buildings,- (b) to tha-exteni not required for.*
the foregoing purpose, to the acquisition by the obligor,
subsequent •
to July 1, 1946 of additional equipment or improvements to its
properties, which shall in -either case he useful in the conduct, of :
Uts educational operations.
t.
•
Calendar Years
1944?
1945
able
,
EARNINGS
Maintenance
company ott Aug. 30 filed ft letter of notification with the SEC
for 5,000 shares of ($1 par) common on behalf of Stone
6c Webster, Inc.
and B. H.
OF
June 30, '46
pre-
;
Today's Homes, Inc., Washington, D. Cv—Files With
Rico,
SEC—
The
for
There
Sept. 20 filed a letter of notification with the SEC
($10 par) 6% convertible preferred.
Offering price,
Proceeds will be used for additional
working capital.
underwriters.
;
company
20,000
$10.50
ft!
*
the obligor other
i
>
12 Mos. End.
The
Co.;
population of 2,700.
SUMMARY
Electric output of this company for the week ended
Sept. 7, 1946,
2,057,000 kwh. as compared with 2,107,000 kwh. for the cor¬
responding week last year, an Increase of 4.5%.
/
totaled
stock
will
be
sold
to
the
following five purchasers: J. B.
Mahoney; Frost, Read 6t Simons; Kinloch, Huger 6c Co.; James Conner
(1) Tb dhe payment of all 6f the outstanding indebtedness ,of
than (a) debentures, (b) current accounts pay-i
for operating expenses incurred in the
ordinary course of
'"■■^operations,^ and icy indebtedness securest by ori-of a
character;j
Within the limits allowed to be secured by permitted liens; and
i
.'ywservice to an estimated' population
of 8,100 in Winter Haven and
operates ice plants in Dade City, Plant
City, Winter Haven and Auburndale. The ice business is
substantially 1
wholesale as retail delivery is done
by others except in Dade City v
21, 1946,
the cor¬
14, 1946,
the cor¬
v,
and around Dade City. *
The company supplies water
v
&
.
for
a
on
are
no
.
_
,
-.
directors
have
declared
a
dividend
of
$4
per
share
on
the
redeem
:
the
$7
cumulative preferred stock, payable
Sept. 24 to holders of record Sept.
19.
A distribution of $2 per share was made on this issue on
May 29,
remaining
proceeds,
at
share
cumulative
$110
a
$68,750, plus dividends, will be used to
company's 625 shares of $100 par 6%
The balance will be used to reimburse the
the
preferred stock.
company's treasury for previous expenditure and for additional, working
capital.
Towne Securities Corp.—Declares
$4 Dividend—
The
Of
shares
share.
-
.
-
Youngstown & Southern (Electric)
See
Pittsburgh
Consolidation Coal
Co.
Ry.—Sale—
above.—V.
I
103,
p.
1033.
-
Volume 164
Number 4529*
THE COMMERCIAL & FINANCIAL
CHRONICLE
State and City Department
BOND PROPOSALS AND NEGOTIATIONS
scription at prices to yield from
1.05%
to
1.55%,
according to
ALASKA
:
Anchorage, Alaska
■» ;
Pond Sale
—
semi-ann.
pon
bonds offered for sale
on Aug. 15
599—were awarded
to-Blyth & Co., of Seattle, as 2s,
at. pat, according to Thomas E.
Downes, City Clerk; Dated Oct.
1, .1946. Due $25,000 from Jan. 1,
1955 to 1954; subject to call on and
after Oct. 1, 1948, at 102 and at
Vz% less call premium thereafter
until 101% of par is reached.
—iV«164,
Bond
City
Los
Bond
p.
Sitka, Alaska
Offering—Frank Calvin,
Clerk,'
re c e
i
v e
d
sealed
bids until 8 p. m. on
Sept. 28, for
the purchase of
Bond Sale—It is stated by Alex¬
ander R. Abrahams, City Treas¬
Liberty School District {P. O.
obligation
offered
Angeles), Calif.
Sale—The
for
sale
urer,
$15,000
recently,
were
Bond
Sale
—
Dade
bonds
offered for sale
on
Sept. 9—v. 164,
999—were awarded to a
syn¬
dicate
composed
of
Kenneth
A: Ellis &
cost
of
about
2.377%, as
$96,000 maturing July 1,
$8,000 in 1948 and 1949, $9,000 in
1950 and 1951,
$10,000 in 1952 to
1955, $11,000 in 1956 and 1957, as
fojlows:
3s-, $46,000 maturing July
1; $11,in 1958 and
1959, $12,000 in
19j60 and 1961, as 2s, $65,000 ma¬
turing July 1, $12,000 in 1962,
$13,000 in 1963 to 1965, $14,000 in
1966, as 2%s, and $76,000 matur¬
ing July 1, $14,000 in 1967, $15,000
in. 1968 and
1969, and $16,000- in
1970 and 1971, as 2%s. Dated
July
000
1,,1946.
Interest payable J-J.
ARKANSAS
'
Fort Smith, Ark.
Election Scheduled—The
Bond
City Council has passed an ordi¬
nance
calling for an election to
be held on Oct.
8, in order to
have the voters pass on the issu¬
of
ance
$750,000 1%% airport im¬
provement bonds. Due in
1976.
Hot
:•
1949 to
Bonds
Sold
water
An
—
main
issue
bonds
of
was
purchased recently by the Lewis
W. Cherry Co., of Little Rock.
CALIFORNIA
California
Bonds
(State
Sold—Of
a
of)
total issue of
$2,500,000
1xk%
San
Francisco
Harbor Improvement Act of 1929
(Issue B) bonds offered for sale
atr public- auction on
Sept. 24, a
block
of
$1,700,000
awarded to
Wilmington, at
HAWAII
Honolulu (City and County),
,
Hawaii
Bond
be received until
10
a.m.
164,
-^v.
on
106.28,
basis of about 1.26%,
June
15, 1946.
Due on
Dated
15 in
bid
was
dered
1947 to
date
interest
an^
tnr
not
earlier
March
1,
1947, at the principal - amount
thereof and accrued interest to«
gether with
fourth of
000 in 1948 to 1959.
a
one
premium of one*
per centum (Vi of
1%) of such principal amount for
San
Second best
106.20,
ten¬
Corp., and the Bank of America
Trust
&
Savings Asso¬
were awarded
to the
Harris Trust & Savings Bank, of
Chicago, and the Old Second Na¬
tional Bank of Aurora,
jointly, at
a price of
105.279, a basis of about
1.08%. Dated June 1, 1946. Inter¬
est payable J-D. These bonds
due on Dec.
1947,
$15,000 in 1948 to 1953, and $20,000 in 1954 to 1956. The next
high¬
est* bidder was William Blair &
bonds,
COLORADO
,
was
bonds.
for
Enclose
a
certified
check
$3,000, payable to the Clerk,
$452,500 water and
bonds
as
purchased
were
31/48,
Kindred
sewer revenue
at
recently
par,
by
Barcus,
Co,
of;; C h i c a g o.
&
Denom. $1,000, one for $500. Dated
Arapahoe County Sch. Dist. No. 6
Board of County Commissioners.
(Pi O. Littleton), Colo.
Aug. 1,
of\:BIyth & Co.,
the First
Bonds Sold—An issue of $275,000 1.70% building bonds was pur-
(F.-A.) payable at the Fairfield
National Bank, Fairfield*
a
syndicate composed
' the American
Trust; Co., both of San Francisco,
National Bank of Port¬
land, the National Bank
of Com¬
of
Securities
merce,
Burr
of
Seattle, the Equitable
Corp., and Coffin &
New York, at par. Due
$100,000 from Sept. 1,
1968, incL Dated Sept.
Prin.
and
int.
1952
1,
to
1946.
(M-S)
payable at
the office of the State Treasurer
or*
at
State
the
in
fiscal agency
New York City.
of the
Second
highest bid was an offer of par
for
$1,675,000 bonds, submitted
by a group headed by the Bank of
America National Trust & Sav¬
ings
Association,
Bonds
The
the
Offered
successful
above
San
for
Francisco.
Investment—
bidders
reoffered
bonds for public
sub¬
cashed
recently
by Boettcher &
Co., Peters, Writer & Christensen,
and Coughlin & Co., all of
Denver,
jointly. Dated Oct. 1, 1946. De¬
nomination.
$1,000.
These bonds
are due Oct. 1, as follows:
$1,3,000
in 1947 and 1948, $17,000 in 1949
to 1952, $18,000 in 1953 and
1954,
$19,000 in 1955 to 1957, $20,000
in
1958
and
1959, and $21,000 in
1960 and 1961. Principal and in¬
terest
(A-O)
payable
at
the
County Treasurer's office. Pay¬
able
taxes
from
unlimited
levied
ad
against all
valorem
taxable
property within the District. Le¬
gality
approved
by
Myles
P.
Tallmadge, of Denver,
t
'
Iv"-
Dania, Fta,
Certificates
of
water
Approved-*-An issue
amounting
proved
to $325,000
recently by
was
the
E.
It is
Mann,
by
Clerk,
that $500,000 water revenue bonds
were offered for sale on
Sept. 19
and
were
awarded to
a
syndicate
composed of John Nuveen & Co.
of
Chicago, B. J. Van Ingen & Co.
York, Barcus, Kindred &
Co. of Chicago, Crummer &
Co.,
and Leedy, Wheeler & Co., both of
Orlando, at a price of 95.0769, a
of New
net interest cost of about
jointly to the First Na¬
of Chicago, and the
Indianapolis,
iy4s, at a price of $100,086, a,
Bank
Fletcher Trust Co. of
as
basis of about 1.24%. Due
as fol¬
lows: $6,000 on June 15 and
Dec,
15 in 3947 to
1965, $7,000 on June
and Dec. 15, 1966. Second best bid
an offer of
$100,085 011
was
iy4S,
submitted jointly by
Halsey, Stu¬
art & Co., and the
City Securities
Corp. of Indianapolis.
(The :$156,000
track
elevation
bonds offered for sale at the same
time
164, p. 1129 — were
Halsey, Stuart & Co.f>
City Securities Corp, of
v,
—
awarded to
and
the
June
15
and
Dec.
1965, and $2,000
Second
best
15, in 1947 to
June 15, 1956.
on
bid
was
offer
an
of
$100J2 for 1*4s, submitted jointly
by the First National Bank of
Chicago, and the Fletcher Trust
Indianapolis.
Co. of
Randolph County (P. O.
Winchester), Ind.
Bond
Offering
will be
received
—
Sealed
until
10
bids
a.m.
on
Sept.
30, by Catharine E. Sim¬
County Auditor, for the
purchase of $40,000 bridge bonds.
mons,
Interest rate is not to exceed
4%,
payable J-J. Denom. $1,000. Dated
Oct. 1, 1946. Due $4,000 on July
1, 1947, and on Jan. and July 1,
1948, to Jan. 1, 1952. The opinion
of Ross, McCord, Ice & Miller of
Indianapolis, will be furnished to
the
successful
of the
pense
bidder
county.
at
the
A
ex¬
certified
check for 3 % of the bonds bid for,
payable* to the Board of County
Commissioners, is required.
IOWA
>
^ i
J-n
_
Clinton
.
'
~
"
'
i
.,v'
-
'
Jndep. Sch. Dist,
Clinton), Iowa
Bond
Offering—Bids
(P,
0,
will
be
received
by Victor V. Sorenson,'
Secretary of the Board of Educa¬
tion, until Oct. 9, at 8 p.
purchase of $920,000
building bonds.
Denom.
m.,
the
for
coupon
-
$1,000. *
Dated Nov. 1, 1946. Due on Nov.
1 as follows: $35,000 in 1949 to
1951, $50,000 in 1952 and 1953,
$55,000 in 1954 to 1966. Bonds
and
registerable
are
as
to principal.'
approving opinion of Chap¬
man & Cutler of
Chicago, will be
furnished the purchaser. A cer¬
tified check for $18,400, must ac¬
company the bid. Bonds to be is¬
The
sued
under authority of Chapter
296, Code of Iowa, 1946.
Woodbine, Iowa
Bond Sale
The $9,000 street
resurfacing bonds offered for sale
on Sept. 3—v.
164, p. 1130—were
purchased by the First National
—
Bank of
Woodbine, the only bid¬
2y2s, at par, according to
the Town Clerk.
Dated Aug. 1,
1946. Due $500 from Aug. 1, 1947
to 1964, inclusive.
Interest pay¬
der,
as
able F-A.
Evansville, Ind.
Sept.
stated
City
awarded
tional
p®®-
•'
■
>
..KANSAS
Sale—The
$425,000
3.125%,
16—v.
awarded to
of
the
a
City
Securities
Corp., of
Citizens
National
Bank, and Slade & McLeish, both
of Evansville, as IV4S, at a price
of 100.137, a basis of about 1.237%
Indianapolis,
1,
1946.
Dated June
Denom.
$1,000.
These
bonds are due semi-annually from
July 1, 1947 to July 1, 1965. , The
next highest bidder was the Har¬
ris
Trust
&
Savings Bank,
Bond
on
164, p. 1369—were
syndicate composed
Interest payable J-J.
Dodge City Sch. Dist. (P. O.
Dodge City), Kan.
park
of 1946 bonds offered for sale
Hollywood, Fla,
—
v.
$242,000 vot¬
ap-
City
Bond
Bonds Sold
on Aug. 1 in
Prin. and int.
Due
1972, incl.
The
—
ing machine bonds offered for sale
Sept. 6—v. 164, p. 1129—were
INDIANA
Council/
Blanche
1946.;
1948 to
certificates
revenue
Sale
on
in
•
be made on or about Oct.
15, 1946,
2^s, due on Sept. 1 as follows:
but any bidder may specify a
$2,000 in 1954 to 1969, and $1,000
later date or dates for the
in 1970. Interest payable M-S.
delivery
of not exceeding $1,000,000 of said
Bond
are
Joaquin County, Manteca
•each 12 months' period or frac¬
High Sch. Dist.
tion thereof between the date of
(P. O. Stockton), Cal.
Co., at a price of 104,42.
such redemption and the date of
Bond Sale—The $300,000 school
the maturity "thereof, or (b) in Brown
County Community High
bonds offered for saleon Sept. 16,
School District No. 67 (P. O.
were
awarded
to
the
Stockton whole, from any moneys which
Mt, Sterling), III.,
Savings and Loan Bank.
Dated may be made available for such
Bonds Publicly Offered — The
purpose, on any date not earheR
Sept.
10, 1946. Denom. $1,000,
$241,000 1%% building bonds are
These bonds are due $20,000 from than March 1, I951r at5 the prih-*
being offered for sale by Ballman
Sept. 10, 1947 to 1961, inclusive cipal amount thereof and accrued &
Main, of Chicago. Dated Aug.
The next highest bidder was the interest together with a premium
15,
1946.
Denomination
$1,000.
American Trust Co., Stockton. In¬ of 6% if redeemed on or prior to
These bonds are due on Dec. 1, as
March 1, 1955, 5% if redeemed
terest payable
follows: $14,000 in 1951 and 1952,
thereafter and
on
or
prior to
South
Whittier School District
March 1, 1958, 4% if redeemed $15,000 in 1953 to 1956, $16,000 in
(P. O. Los Angeles), Calif,
1957 to 1959, $17,000 in 1960 to
thereafter and on
or
prior to
Bond Sale—$160,000 bonds of¬
March 1, 1961, 3% if redeemed 1962, and $18,000 in 1963 to 1965.
fered
for
sale
recently,
were
Principal and interest (J-D) pay¬
thereafter
and
on
or
prior to able at the
awarded to a syndicate composed
Brown County State
March 1, 1964, 2% if redeemed
of Blyth & Co., William R. Staats
Bank, Mt. Sterling. Legality'to
thereafter and
on
or
prior to be
Co., and Redfield & Co., all of
approved by Chapman & Cut¬
March 1, 1967, 1%
if redeemed
Los Angeles, as 2V4S, at a price of
ler, of Chicago.
thereafter and
on
or
prior to
101.647, a basis of about 2.054%.
March 1, 1970, and without pre¬
Cook County Sch. Dist. No. 161
Dated Oct. 1, 1946. Denom.
$1,000.
mium if redeemed thereafter and
(P. O* Flossmoor), 111.
These bonds are due $8,000 Oct.
before maturity. Rate of interest
I Bond Sale—The $45,000 coupon
1, 1947 to 1966.
to be in multiples of V\ of
1%. school bonds offered for sale on
Yolo County, Woodland Prairie
Principal and interest payable at Sept. 9—v, 164, p. 999 — were
Elementary Sch* Dist. (P. O.
to
the
the Miami Beach First National awarded
First National
Woodland), Calif.
Bank, Miami Beach, the Chemical Bank of Chicago, as iy2s, at a
Bond Sale
It is stated by C.
Bank & Trust Co., New York
City, price of 100.60, a basis of about
L. Hiddleson, County
Clerk, that or at the
Dated June 1, 1946.
Florida National Bank 1.38%.
Due
$47,000 school bonds were av/arded
& Trust Co. Miami. The
on June 1 in 1948 to 1954.
Inter¬
approv¬
on Sept. 3 to the Bank of America
est payable J-D. Runners-up in
National Trust & Savings Associa¬ ing opinion of Masslich & Mit¬
chell, of New York City will be the bidding was the National Bank
tion, of San Francisco, at a price
of
furnished
Harvey, offering 100.28 for
the
purchasers.
The
of $100,019, a net interest cost of
bonds now offered were validated IV2S, and John Nuveen & Co
about 2.47%, on the bonds
di¬
vided as follows: $14,000 as 21As, by a decree of the Circuit Court bidding 100.11 for 1%% bonds.
of Dade County rendered on
May
due $2,000 from Sept. 1, 1947 to
Fairfield, III,
2, 1946. Delivery of the bonds will
Bonds Sold—It is stated that
1953; the remaining $33,000 as
Union
County (P. O,
of
jointly, as iy4s, at
price of $100.15, a basis of about
1.23%. .Due as follows: $4,000 on
Aurora, III.
$10,000
Co.,
Indianapolis), Ind.
•
1;
&
price
a
a
Bond Sale -- The $160,000 2%
incinerator bonds offered for sale
Sept. 23,
at
Indianapolis,
ILLINOIS ~
on
payment
than
1956, incl. In¬
of
ciation pi San Francisco.
option of the County, either
(a) in part, from moneys in the
Causeway Revenue Bonds Sinking
Fund;
offer
an
jointly by the First Boston
National
at the
High
issue
Sept. 12
a
terest payable J-D.
.
on
vine & Co. of New York, and the
Bank of Hawaii,
jointly, at a price
Denom.
Pasadena * City
1946
iy4s,
Marion
•••«
1369—were formally
Sept. 16 to C. J. De-
p.
awarded
June
Oct.
on
refunding,
coupon
bonds offered for sale
of
8, by E. B. Leatherman, Clerk of
the Board of County Commis¬
sioners, for the purchase of $1,-
)
Sale—The $760,000 2V2%
Cruttenden
for
100.099.
.
a
County (P, O. Miami), f/«.
and
cago,
jointly,
,
basis of about
a
follows:
as
as
—
Springs, Ark.
$125,000
of
100.14,
Bond Offering—Sealed bids will
School District bonds,
at a
price of -100.684; a basis of
about 1.305%, Dated Oct. 1,
1946.
Denom.
$1,000. These
bonds are due Oct. 1, as fol¬
lows: $90,000 in 1947, and
$5,-
p.
est
Sept.
M-S, Denomination $1,000. Dated
$1,000. These
March 1, 1941. Due March
bonds are due Oct. 1, as fol¬
1, 1971.
lows: $60,000 in 1947, $10,- These bonds will be subject to re¬
000 in 1948 to 1956, and $5,000 demption prior to their maturity,
1946.
Williams, Ariz.
Co., of Phoenix; Paine,
Webber, Jackson & Curtis, of Chi¬
cago, and Peters, Writer & Christensen,
of
Denver,
paying
a
price of 100.189, at a net inter¬
water
;FLQRIPA:;y:;|:;.^:;.
The
bonds divided
3s, due on Oct. 1 in
1947 to 1961, and the
remaining
$280,000 as 2%s, due on Oct. 1 in
1962 to 1971, all inclusive. Inter¬
est payable A-O,
,,
The
in 1957 to 1966.
revenue
.
on
*
Sale—The $283,000 water
light
1%
sale
$200,000 Pasadena, City Junior
coupon
or
registered
College District bonds, at a 500,000
price of 100.173, a "basis of Causeway. Revenue bonds. Interest
rate is not to exceed 5%, payable
about 1.471%. Dated Oct. 1,
City.
electric
Co.
price of
following
bonds amounting to $350,000 and
offered for sale" recently; were
150,000
and
for
0,97%. Due in 1947 to 1950, incl.
Wilmington Trust Co., Wil¬
2.672%. Dated Oct. 1,1946. Denom.
mington, was runner-up. Offering
$1,000. These bonds are due Oct.
par, while Harriman Ripley
&
1, as follows: $2,000 in 1947 to
Co., was third best with a bid of
1951, and $1,000 in 1952 to 1956,
99.662. Interest payable A-O.
Los Angeles County Sch. Dists.
(P. O. Los Angeles), Calif.
ARIZONA
Pond
$300,000
the
awarded to Francis I du
were
Ponfr &
Co., and Redfield & Co., both of
Los Angeles, jointly, as
23As, at a
price of 100.34, a basis of about
Midland Trust Co., of New
York,
New York
offered
20,
awarded to the William R. Staats
$70,000 refunding
coupon
or
registered bonds, at awarded to the California
Bank
not
exceeding 4%
interest. of Los
Angeles, as l^s, as fol¬
Dated Nov.* 1, 1946. Denom.
$1,000. lows:
These bonds are due on Nov.
1, as
follows: $2,000 in 1948 to
1950,
$4,000 in 1951, and $5,000 in 1952
to 1963.
Principal and interest
payable
at
the
First
National
Bank of Sitka or at the Marine-
that
bonds
bonds
on
$220,000
Wilmington, Del.
maturity.
The $250,000 cou¬
general
p®® DELAWARE P.®:*;®"
Chi¬
school
Aug.
Sate
bonds
31—v.
awarded to
of
—
164,
a
The
offered
for
$600,000
sale
on
1130—were
syndicate composed
Crummer
&
p.
Co.,
Inc., the
Co., the LathropHawk-Herrick Co., all of Wichita,
Estes, Snyder & Co., and the Co¬
lumbian Secm-ities Corp., both of
Topeka, at a price of $100.20, a
net interest cost of about 1.575%,
as follows: $294,000 as l*44s, due on
Feb. and Aug. 15 in 1948 to 1956;
$102,000 as 1.40s, due on Feb. and
Small-Milburn
THE COMMERCIAL &
Monday, September 30, 1946
FINANCIAL CHRONICLE
1640
*
*
*1369—were, awarded
r%'"lr ' '' M,CH|0AN
of Cincinnati,
y
'• :"?■ Gaylord, Mich
as
3%s.
Denomination
$1,000.
thereof if
/
Bond Offering—R. S.
These bonds
Oct. 1, 1962, and at par and ac¬ Dated Oct. 1, 1946.
1.60s, due on Feb. and Aug. 15 in crued interest, plus a premium of are due on Oct. 1, in 1947 to 1976. City Clerk,bids until 6 p.m.
1963 to 1965. Dated Sept. 15, 1946.
2% if called for redemption prior Interest payable A-O.'
the purchase of $35,000 water sys¬
Interest payable F-A. All of the
to maturity thereafter. ; The ap¬
tem revenue coupon bonds, to bear
bonds maturing on Aug. 15 1957,
MASSACHUSETTS
proving opinion of Chapman- &
not exceeding 3% interest. Dated
and subsequent thereto, are op¬
Cutler, of Chicago,' will be furBarnstable', Mass,
Oct. 1, 1946. Denomination $1,000.
tional on Feb. 15, 1957.
Bond Sale—The $50,000 bridge These bonds are due Oct. 1, as
The second highest bid was an
bonds offered for sale on Sept. 5 follows: $1,000 in 1948 to 1968, and
offer of .Stern Bros. & Co., and
—v.
164, p. 1256—were awarded $2,000 in 1969 to 1975. Principal
associates, for $362,000 as l3As,
Louisiana (P. O. Baton
Paine, Webber, Jackson & Curtis, and interest (A-O) payable at the
and $238,000 as l%s, which fig-*
Rouge), La.
of Boston, as Is, at a price of Gaylord State Savings Bank. Bids
ured to a net interest cost of about
shall be conditioned upon the un¬
1.635%.
Bond Sale—The $4,972,000 rer 100.44, a basis: of about: 0.91%.
funding bonds offered for sale Dated Sept. 15, 1946. Denomina¬ qualified opinion of purchaser's
Scott City, Kan.
tion $1,000. These bonds are due attorney approving the legality of
on
Sept. 17 — v. 164/ p. 1000
Bonds Voted
and Defeated—^
$5,000 on Dec. 15, from 1947 to the bonds. The cost of such opin¬
were awarded to a syndicate com¬
An issue
of $25,000 street im¬
Interest payable ion shall be borne by the pur¬
posed of Blyth & Co., Lehman 1956 inclusive.
provement bonds was approved at
chaser. The City shall ^ay the cost
Bros., Chemical Bank & Trust Co., M-S. a The next highest bidder
the election held on Sept. 4.
of printing the bonds. Enclose a
Equitable Securities Corp., Stone was the Second National Bank,
At the same time, an issue of
certified check for 2% of the par
& Webster Securities Corp., Mer¬ Boston, for Is, at a price of 100.35.
$12,000 municipal airport bonds
value of the bonds, payable to the
rill
Lynch,
Pierce,
Fenner &
Danvers, Mass.
was rejected.
City Treasurer.
;.
, )
>
Beane; all of New York, Mc¬
Bond Sale—1The $96,500 sewer
i;
;
Wichita, Kan.
Donald
&
Co., of Cleveland,
Hazel Park, Mich.
bonds offered for sale on Sept. 18
Bond Sale—The $337,918.19 se¬ Charles
Clark & • Co., r of New
were awarded to Estabrook & Co.,
ries No. 513, paving and sewer
/ Bond Sale—The $80,000 1946
York, Ryan, Sutherland & Co., of
of Boston, as iy2s, at a price of special assessment bonds offered
bonds offered for sale on Sept. 1,0,
Toledo, Dempsey-Tegeler & Co.,
for sale on Sept. 9^—v. 164, p. 1370
were
awarded to Beecroft, Cole of St. Louis, Kingsbury & Alvis, 101.68, a basis of about 11.31%.
awarded
to McDonaldDated Oct. 1, 1946. Denomination —were
& Co., of Topeka, at a price of of New Orleans, McDonald-Moore
Moore & Co., of Detroit.
Dated
100.14,
net
interest
cost
of & Co.r of Detroit, First National $1,000. These bonds are due on
Oct. 1, as follows: $5,000 in 1947 Oct.
1, 1946.
These bonds are
1.0689%, as follows: for $67,918.19 Bank; of Birmingham, and M. A.
due Nov. 1, from 1947 to 1951, in¬
to 1965, and $1,500 in 1966.
maturing Sept. 1, $33,918.19 in Saunders & Co., of Memphis, at a
clusive.
1947, $34,000 in 1948, as 2Y2s, and price of 100.05, a net interest cost
Medford/ Mass.
These bonds were sold as 3Y4s,
$270,000 maturing Sept. 1, $34,- of 1.695%, as follows: For $4,397,Bonds Sold — An issue of $150,at a price of 100.063, a basis of
000 in 1949 to 1954, and .$33,000 in 000
maturing Sept. 1, $272,000 in 000 Municipal Relief Loan, Act of
about 3.722%.
1955 and 1956, as Is. Dated Sept.
1947, $300,000 in 1948, $325,000 1945 bonds was offered for sale
1,. 1946.
Interest payable M-S. in 1949, $350,000 in 1950, $375,000 on
7
Midland, Mich.
Sept. 10 and was awarded to
Legality approved
by Stinson, in 1951, $400,000 in 1952, $425,000
the National Shawmut Bank of
Bond
Sale
The
$6,000,000
Mag, Thomson, McEvers & Fiz- in 1953, $450,000 in 1954, $475,000
Boston, as Is, at a price of 100.20. coupon water revenue bonds of¬
zell, of Kansas City.
in 1955, $500,000 in 1956, $525,000 a basis of about 0,93%. Coupon
fered for sale on Sept. 10—v. 164,
1 Wichita School District No. I ... in 1957, as l%s, and $575,000 ma¬ bonds, dated Sept. 1, 1946. Denom.
p. 1257—were awarded to a syndi¬
(P. O. Wichita), Kan.
turing Sept. 1, 1958, as IVzs. In¬
?
$1,000. Due $30,000 on Sept. 1 in cate composed of Halsey, Stuart
Bond Offering—Sealed bids will terest payable M-S.
Dated Sept. 1947 to 1951, incl. Prin. and int. &
Co., John Nuveen & Co., of
be received until 8 p.m. on Oct. 1, 1946.
(M-S) payable at the National Chicago, First of Michigan Corp.,
7, by Leland R. Armstrong, Sec¬
Shawmut Bank of Boston. Second of
Mansfield, La.
Detroit, Merrill Lynch, Pierce,
retary-Treasurer of the Board of
best bid was an offer of 100.138 Fenner &
Beane, Goldman, Sachs
Bond Sale*—'The $30,600 refund¬
Education, for the purchase of $5,for 1% bonds, submitted by Paine, &
Co., both of New York, Stran600,000 building bonds.
Interest ing bonds offered for sale on Sept. Webber, Jackson & Curtis, and
ahan, Harris & Co., Inc., of To¬
rate is not to exceed 2%, payable 10—v; i64, p. 1256^-^ere awarded
Robert Hawkins & Co., jointly.
ledo, Watling, Lerchen & Co., of
Barrow,
Leary & Col, of
semi-annually. Denomination $1,- to
Detroit, Otis & Co., of Cleveland,
Massachusetts (P. O. Boston),
000.
Dated Oct.
1, 1946.
Due Shreveport, at a net interest cost
E. H. Rollins & Sons, Hornblower
of 2.15%. Dated Oct. 1, 1946. De¬
Mass.'
$280,000 on Feb. 1 in 1948 to 1966,
& Weeks, both of New York, A.
nomination $1,000.
Due in 1947
and
Note Sale—The following notes
$280,000 on Oct. 1, 1966.
G.
Becker
& Co., of
Chicago,
Principal and interest payable at to 1961. The next highest bidder amounting to $80,000,000 and of¬
the First National Bank, fered for sale on Sept. 12, were Bacon, Stevenson & Co., of New
the office of the State Treasurer. was
A certified check for 2% of the Mansfield, at a net interest cost of awarded to a syndicate composed York, William Blair & Co., Ke'b2.20%..
bon, McCormack & Co., both of
total amount bid is required.
of the National Shawmut Bank, of
Chicago, McDonald-Moore & Co.,
Vermilion Parish, Sub-Road Dist. Boston, Bankers Trust Co., Chase
of Detroit, Milwaukee Co., of Mil¬
KENTUCKY
National
/*>
>.'«?J';'. li
v i;
■'/ t-fv
--Vk'
Bank, Guaranty Trust
No. 4 ofIRoad Dist. No* 2
waukee, Ryan, Sutherland & Co.,
Co., National City Bank, Central
(P. O,Abbeville), La.
/
Estill County (P. O. Irvine);Ky.
of Toledo, H. V. Sattley & Co., of
Hanover Bank & Trust Co., Man¬
Bond
Redemption — W.
L.
Bond
Offering — Sealed
bids
Detroit, Barcus, Kindred & Co.,
ufacturers
Trust
Co., Chemical
Knuckles, Jr., State Local Finance will be received until 10 a.m. on
of Chicago, Stern Bros. & Co., of
Bank & Trust Co., First National
Officer, has announced that the Oct. 15, by Raphael J. La Bauve,
Kansas City, Donovan, Gilbert &
3%% road and bridge refunding Secretary of the Police Jury, for Bank, J. P. Morgan & Co., Inc.,
Co>, of Lansing, Pohl & Co., o!
all of New York, Boston Safe De¬
bonds, Nos. 62 to 66, amounting the f fmrchase qf$220,00() public
Cincinnati, and E. H. Snyder &
to $5,000,- dated Oct.; 1, 1941; are improvement bonds. Interest rate posit & Trust Co., Merchants Na¬
Co., of Kalamazoo, at a price of
called for redemption on; Oct. 1, is not to exceed 4%, payable M-S. tional Bank, of Boston, New York
100.0163, a? net interest cost >of
at the Chase National Bank, New Denomination $1,000. Dated Sept. Trust :Co>,j of Now - York»>Secoud
about 2.125%, on the bonds di¬
York,(. Interest ; ceases', ott date 1, 1946.- Due on Sept. 1 in 1949 National Bank, National Rockland vided as follows: $327,000 matur¬
to ;1966/ Tliese "borid^ were- ap-: Bank, and .the Day Trust, Co., all
^eaUed^®|i^:|v
ing Sept. 1, $162,000 in 1949, $165,of Bostoiiyat A rate of 0.75%:
proved by the voters on July 16,
000 in 1950, as 3s, M. & S., $1,645,Madison' County (P. O..
1946/ The,' approving^ opinion - of $30,000,000 notes. Dated Sept. 17, 000
maturing Sept. 1, $169,000 in
/ Richmond),: Ky,'
1946. Due March 18,1947.; 7;
B. A; Campbell, of Now Orleans,
1951, $172,000 in 1952, $175,000
T; Bond Sale — The $218,000 cou¬
25,000,000 notes. Dated Sept. 23,
will be
furnished;
A certified
in 1953, $179,000 in 1954, $183,000
pon
school' building
refunding
1946. Due June 24, 1947* ;
check for $4,400, payable, to the
in 1955, $186,000 in 1956, $190,000
bonds offered for sale on Sept.
25,000.000 notes. Dated Sept. 30,
above named district, must ac¬
in 1957, $194,000 in 1958, $197,000
3rrV. 164, p. 1130—were awarded
1946. Due Sept. 26, 1947.
company the bid.
in 1959, as l3/4s, M. & S., $1,497,000
\
V.'' '\y ''lit'*",
^"7 /"7V \, 'j
-•
v^'c i
to a syndicate composed of Edw.
-Newton, Mass;
* *
maturing Sept. 1, $201,000 in 1960,
G. Taylor & Co., Fox, Reusch &
MA
accrued interest, plus a
to
164,
—v;
of
Aug. 15 in 1957 to 1959; $102,000
as l%s, due on Feb. and Aug. 15
in 1960 to 1962, and $102,000 as
3%,
premium
principal amount
called * on or ^ before
of the
to the
.
Royal
-
-
—
.
A
.
;
V
Co., both of Cincinnati, and Rus¬
sell & Long of Lexington, at a
price of $101.55, a net interest
cost of about 1.40%, on the bonds
divided
as
follows:
$146,000 as
13/4s, due on March 15; $20,000 in
1948 to
1950, $21,000, 1951 and
1952, $22,000 in 1953 and 1954, the
remaining $72,000 as l^>s, due on
March 15; $22,000 in 1955, $23,000 in 1956, $15,000 in 1957, and
$12,000 in 1958. Interest payable
M-S.
'
;
'•
'
-
■
•
*•
'•
■
v.
Montgomery County (P. O.
Rockville), Md.
Bond Sale—The $2,073,000
Bond
Sale—The
$54,000
bonds
ft:"?
sale
net interest cost of
1.845%, as fol¬
maturing $5,000
Oct. 1, 1950, 1953, 1956, 1959, 1962,
1965, 1968, 1971 as l3/4s, and $14,maturing Oct. 1, 1974, ,as 2s.
000
Interest
A-O.
dated Oct.
These
Bond Nos. from i
bonds
to
are
;
|
10, incl.,
may
;
1, 1946.
not be called for redemption prior
to maturity. Bonds numbered from
11 to
for
54, inclusive, may be called
redemption prior to maturity
interest payment date on
and after Oct. 1, 1958, at par and
on
any
$500,000 cou¬ $205,000 in 1961, $210,000 in 1962,
street improvement bonds of¬ $214,000 in 1963, $218,000 in 1964,
fered for sale on Sept. 11—v. 164, $222,000 in 1965, $227,000 in 1966,
p.
1370—were awarded to the as 2s, and $2,531,000 maturing
Newton-Waltham Bank & Trust Sept. 1, $231,000 in 1967, $236,000
Co., of Waltham, as l^s, at a in 1968, $241,000 in 1969, $245,OOt
price of 101.124, a basis of about in 1970, $250,000 in 1971, $255,000
1.04%. Dated Sept. 1, 1946. Due in 1972, $260,000 in 1973, $266,000
$50,000 from Sept. 1, 1947 to 1956, in 1974, $271,000 in 1975, and
inclusive.
Interest payable M-S. $276,000: in 1976, as 2%S.
sale
on
Sept.
Sale—The
pon
" '* ■'
Mich.
Sept. 17, were awarded to
& Co., of New York, and
Miller, Kenower & Co.; of De¬
troit, jointly, at a price of 100.034,
on
Blyth
a
net interest cost of about 2.161%,
follows: for $47,000 maturing
as
Oct.
1, $7,000 in 1947, $10,000 in
2%s, $50,000 ma¬
turing $10,000 Oct.
1948 to 1951, as
2s, and
as
Oct.
000
1, 1957 to l&oi,
Interest payable A-O.
1, 1946.
as
<sy4s.
Dated Oct.
The next highest bidder
the First of Michigan Corp.,
was
and
Braun, Bosworth & Co., Inc.,
jointly, for $77,000 2s, and $70,000
2^s, at a price of 100.02, a net
interest cost of 2.1727%.
St. Clear, Mich.
Bond
Offering—Gertrude
man; U City
-
Clerk,
will-
sealed bids until 7:30 p.m.
7; for
sewer
the
and
purchase
Ger¬
receive
on Oct.
of
$99,000
system
water
coupon
bonds,
to
bear
not
exceeding
18A% interest. Dated Oct. 1, 1946.
Denomination $1,000. These bonds
are due on Oct. 1, as follows; $10,000 in 1947 to 1955, and $9,000 in
1956. Principal and interest (A-O)
payable at the Commercial
&
Savings Bank, St. Clair. The bids
shall be conditioned upon the un¬
qualified opinion of the purchas¬
er's attorney. Enclose a certified
check for 1% of the par value
of the bonds, payable to the City
Treasurer.
>
/
■
Saginaw, Mich.
Bond
Sale
—
The
$4,800,000
coupon water revenue bonds of¬
fered for sale on Sept.' 10—v. 164,
Pi 1257—were awarded to
cate
a
syndi¬
of
Halsey, Stuart
& Co., John Nuveen & Co., of
Chicago, First of Michigan Corp.,
of Detroit, Merrill Lynch, Pierce,
Fenner & Beane, Goldman, Sachs
& Co., both of New York, Stranahan, Harris & Co., Inc., of To¬
ledo, Watling, Lerchen & Co., of
composed
Detroit, Otis & Co,, of Cleveland,
E. H. Rollins & Sons, Hornblower
&
Weeks, both of New York, A.
Becker,
Co., of Chicago,
Bacon, Stevenson & Co., of New
York, William Blair & Co., KebG.
bon, McCormack & Co., both of
Chicago, McDonald-Moore & Co.,
of Detroit, Milwaukee Co., of Mil¬
waukee, Ryan, Sutherland & Co.,
of Toledo, H.-V^ Sattley 8c Co., of
Detroit, Barcus,%Kittc^^ b&fi «"Co.;
of Chicago, Stern Bros. &'' €o4 of
Kansas City, Donovan, Gilbert &
Co., of Lansing, Pohl & Co., of
Cindnnati, arid: & H. Snyder &
Co., of Kaiamazoo, at: a price of
100.01, a net interest cost of about
1.86%, on the bonds divided as
follows: $1,419,000, maturing Sept.
1, $130,000 in 1949, $132,000 in
1950, $134,000 in 1951, $138,000 in
1952, $140,000 in 1953, $143,000 in
1954, $146,000 in 1955, $149,000 in
1956, $152,000 in 1957, $155,000 in
1958, as lVzs, $1,540,000 maturing
Sept. 1, $158,000 in 1959, $161,000
in
I960, $164,000 in 1961, $168,000
in
1962, $171,000 in 1963, $174,000
1964, $178,000 in 1965, $181,000
1966, $185,000 in 1967, as l3/4s,
M. & S., and $1,841,000 maturing
Sept. 1, $189,000 in 1968, $193,000
in
in
highest bids (both for 1V4%
Richmond, Mi-ch. ;
in 1969,
bonds), was an offer of 100.77 by
Bond Of fering—Karl N, Hirt, in 1971,
Halsey, Stuart &, Cq.j and a bid
Olds, of Washington, D. C., at a of 100.741, submitted by the First Village Clerk, will receive sealed in 1973,
bids until 7:30 p.m. on Oct.
7 in 1975,.
7
„
price of par, a net interest cost Boston Corporation.
for the purchase of $70,000 sewage 2s.
of about
1.83%, as follows: for
Weymouth, Mass. ^
disposal system revenue coupon
$273,000 maturing on Oct. 1, $73,Shelby and Sterling Townships
Note Sale—The $50,000 water bonds, to bear not exceeding 2^%
000 in 1951, $100,000 in 1952 and
Fractional Sch. Dist. No. 1 ~:'f
1953 as 3s; $100,000 maturing on main coupon notes offered for sale interest. Dated Oct. 1, 1946. De¬
'(P. O. Utica), Mich.
nomination $1,000. These bonds are
Oct. 1, 1954 as 2^4s, and the re¬
oh Sept. 24, were awarded to Tyler
Bond Sale—The $25,000 coupon
due on Oct. 1, as follows: $2,00C
maining $1,700,000, maturing
& Co., Hof Boston, as l%s, at; a in
1949 to
1959, and $3,000 in school bonds offered for sale on
$100,000 from Oct. 1, 1955 to 1971,
Sept. 23, were awarded to the
as
13/4s. Interest
payable A-O. price of 100.875, a basis of about 1960 to 1975. Rate of interest to
First of Michigan Corp., of De¬
Dated Oct. 1, 1946. Denomination
1.08%. Dated Oct. 1,- 1946. De¬ be in multiples of V4 of 1%. The
bonds are registerable as to prin¬ troit, at a net interest cost of about
$1,000.
nomination
$1,000. These notes
1.76%. Dated Sept. 1, 1946. De¬
Bonds Offered for Investment—
ciple only. Principal and interest
are
due $5,000 on Oct.
1, from (A-O) payable \ at the Macomb nomination $1,000. These bonds
The successful bidders reoffered
are
due on July 1, as follows:
1947 to 1956, incl. Principal and County Savings Bank, Richmond.
the above bonds for public sub¬
$4,000 in 1947 to 1950, and $9,000
scription at prices to yield from interest payable A-O at the Sec¬ Bids shall be conditioned on the
opinion
of Miller, in.1951. \ Principal and interest,
1.10% to 1.90%, according to ma¬ ond National Bank of Boston. The unqualified
at the- Utica National
Canfield, Paddock & Stone, of De¬ payable
turity.
~
'
next highest bidder was the Day
troit approving the legality of the Bank, Utica. The next highest bid¬
North East, Md.
der was McDonald-Moore Co., at
Bond Sale—The $150,000 water Trust Co.y Boston, for $ l%s, at., a bonds.-b?:The * cost of such, legal
oninion and of printing the bonds a net interest cost of about 1.82% v„
bonds offered for sale on Sept. 12
price of 100.152.
v 7*7;/;
Next
-
T
sewer
p.
lows: for $40,000
for
Corp., Equitable Securities Corp.,
Coffin & Burr, E. H. Rollins &
Sons, A. C. Becker & Co., Wm.
E. Pollock & Co., Tripp & Co.,
all of New York, and Goodwyn &
on Sept. 16
1369—were awarded
to J. J. B. Hilliard & Sons,
of
Louisville, at a price of 100.086, a
164,
offered
24, were awarded to a syndicate
composed of the Union Securities
bonds offered for sale
—v.
series
By general improvement of' 1946
Seneca Gardens, Ky.
.j,
1
'I
,
Bond
'v
District,
Bond Sale—The $147,000 series
AA-5, refunding bonds offered for
-
„
En-
$1,400.-
Village,^
School
Oak
*.
<
paid by the Village.
certified check for
,
•
.
.
p.
Widmann & Co.,
-.
...
,
,08
19<J(H9W|3 ,yr?:noM
H.ID.IWOSH31 JAT3MAHH '& .lAXDSSMMOa 3Ht
*
.
W561 '''JlX.-
*
ii- ** '
I*:-1,
rajti-5»rm?» ,»<W*
T^*""/ '^"Tt
4Volume -164
:
Number 4529
fi^T;-*$>»•«*
'• '»T.* •fflWTIl
#•„ ■ fy~<
'W&
THE COMMERCIAL & FINANCIAL
CHRONICLE
S.-'fl'-V'.
at- public auction at 10 a.m. on Kemper
County (P. O. • DeKalh),
Sept."30,*,$25,000' road and bridge
*»'
>:* •-!
MtSS.\-y. *
«r .f
,£>' Hennepin County, Meadowhrook
coupon bonds to bear not exceed¬
Bonds Sold—An issue of
f; Independent Sch. Diet. No. 89
$150,ing 2Yz% interest. Dated Sept. 1, 000 road
and bridge .bonds was^
' * (J*. O. 4118 Glenwood Ave., } »;
1946. Denomination $1,000. These
purchased at public auction on
•7.
"f Minneapolis),
Minn^-f^rl bonds are due Sept. 1 as follows:
Sept. 23, by. M., A. .Saunders &
Bond Sale—The $208,000 school
$1,000 in ,1948, $2,000 in 1949 to
Co., the Union Planters National
building bonds offered for sale on
1954; and
$1,000 ; in "1955
to Bank & Trust
Co.; both of Mem¬
Sept. 5—v. .164, p. 1257—were
1966., \' PrincipaL and ' interest
phis, and Cady & Co., of Colum¬
awarded to Halsey, Stuart & Co.,
(M-S) / payable> at " any suitable bus, at a
at a price of 100.008, a net inter¬
net;; interest; cost * of
bank or trust company designated
2.3196 %./ These bonds
bear ;; in¬
est cost of 1.544%, as follows: For
by the purchaser. No bids are to terest
at 4% %^ tor^the ■ fit si six
$68,000 maturing Sept. 1, $6,000 be for less
than par /and/ accrued months and
*2 Yi % thereafter. The
in 1949* to 1953, $8,000 in 1954,
interest.; The approving opinion next
highest bidder was the First
$10,000 in 1955 to 1957, as l%s, of
Dell, & Rosenberg, of Fergus National
and $140,000 maturing Sept. ^1,
Bank, Memphis, and AsFalls, will be furnished. A certi¬ sociates. '•
$10,000 in 1958. to 1962, and $15,fied check for' $500;; payable - to
000 in 1963 to 1968, as iy2sr, Dated
Lauderdale County, Collinsvillei
the Town ■ Treasurer, is required.
Sept. 1, 1946. Denom. $1,000. InConsolidated Sch* Dist. (P. O.i,
// terest payable M-S.
The next
MISSISSIPPI
Meridian), Miss.
highest bidder was Allison-Wil¬
Bond Offering—Howard Camer¬
Adams County (P. O.
liams Co., for 1.80s, at a price of
;
•
>
on, Clerk of the Board of Super¬
Natchez), Miss. ';
■
;jl00.25.;y;;^
-Bond Offering—Walter P. Ab¬ visors, will receive sealed
bids
Hopkins, Minn.
bott, Clerk of the Board of Su¬ until 10 a.m. on Oct. 8, for. the
-Bond
Elections—An/rissue
of
pervisors; will receive "sealed/bids purchase of $1Q,000 school bonds.
$100,000 storm sewer bonds will until noon on Oct. 7 for the pur¬ Dated Oct. 1, 1946. Denomination
be submitted to the voters at an chase of
$750,000 highway coupon $500^ These bonds are due Oct.
0M^rM ,NNESOTA5;^:ift-
Max T. Allen
Co.^,;.,,^;
j#-/$ ;> •«• '«^
For $375,000, 4s
$375,000, 3s, and
*■
$4,250,000, 2y4s
100.03
'jointly,-
•
-
,
,
>
-
.
.
■
1641
„
'
■
*■.;*
Pontotoc County, Hurricane lv
...M
(Consolidated School District (P.O.
Pontotoc), Miss. ;".'
Bond Offering —- President
vV
*
the'
Board
Sneed
until
of
will
of
Supervisors; Park
received
sealed
bids
Oct. 7, for. the
$8,500. school bonds.
pur¬
noon on
chase of
Home & Co., of
Concord/, >at a
price of 100.14, a basis of about"
1.48%.' Dated Aug. 1, 1946..'These
bonds are due on
Aug 1, as fol¬
lows: $2,000 in 1947 to
i963, and
$1,000 in 1964. Principal and in¬
terest
(F-A)
payable
at
the
Pemigewasset National Bank, / of
Plymouth, or at
the
National
Shawmut
Bank, of Boston. Le¬
gality approved by Warren, Wil¬
son
&
Wiggin, of Manchester,
New Hampshire.
; /
'v/p.
^MISSOURI
Henniker, N. H. /
Bonds
Sold—An
issue
of
■
,
election to be held
on
Oct. 29.
bonds, not exceeding 1%% inter¬ 1, as follows: $500 in 1947 to 1956,
est. Dated Oct. 20, 1946.
Denom. and $1,000 in 1957 to 1961. An¬
Montevideo, Minn.
nual payment of principal; and
^Maturity---Itiris jnoW stated by $1,000. These bonds are due $30,interest will be at any one of the
the City Clerk that the $30,000 000 Oct. 20, 1947 to 1971. Princi¬
municipal
improvement
bonds pal and interest payable at the County Depositories in Meridian.
sold jointly to the Union State Britton & Koontz National Bank, Enclose a certified check for 2%
of the amount of the bonds.
Bank, and the Security National Natchez. No bids for less than the
.
Bank, both of Montevideo, as
dt ia price of 101.666-^-v. 164,
1370—are due $7,500 on Sept. 1
1947 to 1950, giving a basis
face value
p.
of said
considered.
2s,
>
bonds
Enclose
will
check for 10% of the amount
in
of
be
certified
a
payable to the above Clerk,
..;,
Batesville, Miss.
Bond
Offering—r Sealed
bids
will be received until 7:30. p. m.
on Oct. 3, by Mrs. /Leona L. Ca-
Red Wing School District, Minn*
Bond Offering—L. W. Nordly,
District Clerk, will receive sealed
rothers, Town Clerk, for the pur¬
bids until 7:30 p.m. on Oct. 2 for
chase of $125,000
gas
revenue
the purchase of $700,000 building
bonds. These bonds are being of¬
coupons
bonds.
Dated Nov. 1,
fered subject to validation and
'are
Denom. $1,000. These bonds
due
Jan.
1,
as
follows:
in accordance with House Bill No.
277, Laws of Mississippi, 1946.
$20,000 in 1948, $29,000 in 1949 to
1952, $35,000 in 1953 to 1955, $40,000 in 1956 to 1966, and $35,000 in
1967; Rate of interest to be in
'multiple of one-eighth
or
one-
tenth of 1%. These bonds are regis-
terable
principal only. Princi¬
pal and interest payable at any
as
to
suitable bank or trust company in
Minneapolis, St. Paul or Chicago,
designated by the purchaser. The
approving opinion of Dorsey, Colman, Barker, Scott & Barber, of
Minneapolis, will be furnished.
■
Enclose
a
certified check for $14,-
000, payable to the District Treasurer.
-
K
U
!<
certified
check
company
interest: ■;..
-
500,000 permanent improvement
/revolving / fund
refunding
bonds. Due Oct. 1, in 1947,to
p.i
f
1967.
'Rate
of
interest
$1,000.
—
—V;
Sealed
bids
1948 to 1956.
y -
5,797
;
f
bonds. Due
rift;
,,
-
.
*
.
.
on
1956.
*
Bank,
Hattiesburg.
must accompany
certified
A
the bid.
George County, Agricola Special
Consolidated Sch. Dist. (P, O.
Agricola), Miss.
Bond Sale—An issue of $40,000
school bonds offered for sale re¬
cently,
T.
was
Allen
offered for sale on
to
the
Bank
of
Com¬
follows:
$1,639.38
in
1947,
$33,000 in 1948, and $32,000 in
;iAug.
•
<
Paul.
Dated Sept. 1, 1946. Denom.
$1,000. These bonds are
Sept. 1, 1951 to 1956.
due on
.
"
Sverirup (P: 0: R F.D. '2, r
■
:
1949 to 1951.
Minn.
dred ^& >
Co.f of * Chicago, Ryan,
&
•
Co.)
Toledo,
of
of Birmingham, RobinsonHumphrey Co., of Atlanta, Stern
Bros. & Co., of Kansas City, Web¬
.
a
Charles
&
bonds
is
$56,-
water works refunding
to have been pur¬
said
chased recently by F. W. Horne &
Co., of Concord, at a price of 100.56, a basis of about 1.44%. De¬
nomination $1,000. Dated Sept. 1,
1946., Due on Sept. 1; $3,000 in
1948
to
1965, and $2,000 in 1966.
&
Ca, of /New York,. Aiex Principal and interest (M-S) pay¬
Brown & Sons, of
Baltimore,'W. able at the National State Capital
E. Hutton &
Co., of New York, Bank of Concord.
Legality ap¬
R. S. Dickson
Co., of Charlotte, proved by Warren, Wilson & Wig^W. H. Newbold's Son &
• - •
Co., ; of gin, of Manchester, N. H.
Philadelphia, William Blair & Co., / "
Laconia, N. H.
■;) ,.A
of Chicago, J.„ M. Dain &
Co., of
Bonds Sold—An issue of $60,Minneapolis, Blewer, Heitner & 000
public
improvement bonds
Glynn, of St. Louis, and Soden- was
purchased recently by F. W.
Zahner Co., of Kansas
City, as Horne & Co., of
Concord, as iy4S,
1V4S, at a price of 100.638, a basis at a
price of 100.09, a basis of
v
about
1,166%. ;Dated
Oct.
1,
about
1.23%.
Interest
payable
1, 1946. These
bonds are due $6,000 from Sept.
lows: $1,500,000 in
1954, $2,500,000 1, 1947 to 1956. Principal and in¬
in 1955, and $1,000,000 in 1956.
terest payable at the Peoples Na¬
Stoddard County, Elk Special Road tional Bank, > ofLaconia or : at
the First National Bank, of Boston.
Dist. (P. O. Bloomfield), Mo.
to
be
approved
by
Bonds Sold
It is reported that Legality
Nighswander & Lord, of Laconia.
$25,000 2Yz%road and
$1,000.
March 1, as fol¬
are
due
on
These
M-S.
Dated
Sept.
bridge
purchased recently •pp. Rockingham County (P. O.
by the Municipal Bond Corp. of
Exeter), N. H.
VP
Alton. Dated May 1, vl946. Le^
Bond Sale—The $200,000 power
gality approved by ; Charles & plant/ bonds offered for sale on
bonds
were
-
.
,
Trauernicht of St. Louis.
Sept.
6^—v.
awarded
MONTANA
Big Timber, Mont.,
Bond Offering—It is stated by
Ted C.
will
Busha, City Clerk, that he
receive
bids
until
Oct.
7, at
8 p.m., for the purchase of
$36,000
refunding bonds, v
,
Bond Sale—The
$131,000 2%%
water system revenue bonds ofr
fered for sale' on Sept. 18, were
basis of about 2.401%. Dated Sept.
,i,o'jl9l46.j" 'Denonjirtation
1948
/to
M-S.
are
1966.
$1,000.
dud /Sept.
Interest
No other bid
was
p.
738
—
were
R.
These bonds
are due $20,000 from
1947 to 1956, inclusive.
Interest payable J-D.
The next
highest bidders were the National
June
1,
a price of
100.09, Harris Trust &
Savings Bank, Chicago, for iy4s,
at a price of 100.927.
"
NEW JERSEY
by Piper, Jaffray; &
Hopwood, of Minneapolis, and Asrsociates, at a price of 102.00, a
bonds
164,
Lincoln
Young &
Co., of Hartford, as Is, as a price
of 100.145, a basis of about 0.97%.;
Dated June 1,1946. Denom. $1,000.
purchased
These
to
Shawmut Bank, Boston, for Is, at
Cut Bank, Mont.
1, in
payable
received.
Cliffside
Bond
i
Park, N. J.
OfferingSealed
will be received until 8
bids
p. m.
on
Oct.
14, by Arthur-j H. Abrams,
Borough Clerk, for the purchase
of $44,000 coupon
or registered
equipment bonds. Interest rate is
-
,
,
.
.
to
M. A. Saunders &
Co.,
Bank,
First National
..
the
Wachob-Bender
Corp., of
price of 94.68.
The
highest bid was for 93.75.
Omaha, at
-
next
.
a
Oct.
Council.
1 Yi%
Pondera County Sch. Dist. No. 18 not to exceed 6%, payable A-O.
ster & Gibson, of Nashville, Her¬
Denom. $1,000. Dated Oct. 1, 1946.
(P. O. Valier), Mont.
Due on Oct. 1; $10,000 in 1947 to
man Bensdorf & Co., of Memphis)
Bond Offering — C. P. Fuller,
Kalman & Co., of St. Paul, Sea1949, and $7,000 in 1950 and 1951.
District Clerk, will receive sealed
Rate of interest to be in a mul¬
songood & Mayer, of Cincinnati, bids until 8
p.m. on Oct. 8, for the
M. B. Vick & Co., of Chicago,
tiple of y8 or 1/20 of 1% and
purchase
of
$15,000
building
must be the same for all of the
Walter, Woody & Heimerdinger,
bonds, to bear not exceeding 6%
bonds.
Prin. and int. payable at
of Cincinnati, Weil & Co., of New
interest. Dated Oct. 1, 1946. Prin¬
the United National Bank, CliffOrleans, and Cady & Co., of Co¬
cipal and interest to be payable in
side Park. Successful bidder will
lumbus, at a price of 100.059, a net semi annual installments
during be furnished with the
interest cost of about 2.295%, on
approving
a period of 15 years from date of
the
bonds
divided
opinion of Hawkins, Delafied &
as
follows:
issue.
Enclose a certified check
Wood of New York. An $880 cer¬
$1,125,000 maturing $375,000 Aug. for
$100, payable to the District tified
check, payable to the Bor¬
1, 1964, Feb. and Aug. 1, 1965, as
Clerk,
ough, must accompany the bid.;
2Yzs,
and
$3,875,000
maturing
,t0hetaoi shrd shrdl shrdl shrd ss
Shelby, Mont.$375,000 Feb. and Aug. 1,1966 and
Bond Sale—The $127,000 water
1967, $375,000 Feb. and $400,000
/r Collingswood, N. J.
,/ \
sewerage
system
revenue
Aug. 1, 1968, and $400,000 Feb. and
Bond Sale—The $155,000 gen¬
and Aug. 1, 1969 and 1970, as 2yis. bonds offered for sale on Sept. 17.
eral improvement bonds offered
The only other. Jbid received were awarded to Piperr Jaffray &
for sale on Sept. 5—v. 164, p. 1257
was
Hopwood, of
Minneapolis,/'and
^n offer submitted by:
—were awarded to Halsey, Stuart
Associates, as 2s, at a price of par.
BlytH
Co.,
&
Co., as iy4s, at a price of
Interest payable M-S. Dated Sept.
First Boston Corp.,
1,
1946.
Denomination
$1,000. 100.849, a basis of about 1.241%.
Equitable Securities Corp.,Dated Sept. 1, 1946.
Denom. $1,These bonds are due on Sept. 1,
Phelps, Fenn & Co.,
000. These bonds are due on Sept.
in 1948 to 1966.
Estabrook, & Co.,
1, in 1947 to 1958. Interest pay¬
Stone & Webster Securities
\
able M-S./ The next highest bid¬
NEBRASKA
Corp.,
der was C. F. Childs & Co., Tripp
Nebraska (P. O. Lincoln), Neb.
Paine, Webber, Jackson &
& Co., and Sheridan, Bogan Co.,
Bond Sale—The $376,000 2 and
Curtis,
jointly, for 1.30s, at a price of
2Vfe%
South
Sioux
refunding 100.049.
R. W. Pressprich & Co.,
;
bonds offered for sale on Sept. 4
Harris Hall & Co., ;:/t
Fort Lee, N.J.
—v.
164. p. 1257—were awarded
Bacon, Stevenson & Co.,
Memphis,
1, 1946. Principal and J. M. Dain & Co.,
interest (A-O) payable at a bank
Baum, Bernheimer Co.,
designated by the purchaser sub¬ McDonald-Moofe &"Co.,Vj
ject / to r approval - of the * City McDougal & Condon, • ; *
Dated
Legality
approved
Trauernicht, of
Bond Offering—Elvin J. Holm,
Town Clerk, will offer for sale Louis, Mo.
Underwood),
ten
164,
Sutherland
1257—were
p.
syndicate headed by
Drexel &
Co.; of Philadelphia,
Glore, Forgan & Co., of New
York, and consisting of Hallgar-
a
Co.,
Dated Sept. 1, 1946. Prim and
int. payable at the First National
awarded
30—v.: 164, p.; 1000—were
awarded to Kalman & Co., of St.
t<j
Fahey, Clark & Co., of Cleveland,
1947/ and'$500rinri94ff:rift ;tiewis'&-C6r, of'Jackson, Marx &
with these bonds at
merce, and the Leflore Bank &
time of sale and all bids must be
Trust
Co., both of Greenwood,
unconditional. ;* Bonds
will be
at a price of
furnished by the City, but deliv¬ jointly, as iy4s,
100.085, a basis of about 1.22%:
ery shall be at the purchaser's ex¬
pense. Enclose a certified check $16,124.52 street intersection
bonds. Due on Oct. 1 as folfor 2% of the amount of the bonds
$ lows: $3,124.52 in 1947, $3,000
bid for, payable to the City.
in 1948 to
1950, and $4,000 in
Stowe Prairie (P..O*
1951.
':
Vemdale), Minn. ■.
130,639.38 special street improveBond Sale—The $6,000 road and / -H, ment bonds. Due on Oct. 1 as
bridge bonds
,
Dist; No.' 2
Sept. 1; $1,297
Supervisors
.
.
cou¬
-
•
be furnished
$5,000,000
awarded to
highway,
p. 1130~*were awarded
syndicate headed by John
received until Oct. 7, by Nuveen & Co., of Chicago, Shields
C. V. Dees, Chancery;: Clerk, for & Co., of New York, A. C. Allyn
the
purchase of
the following & Co., of Chicago, and consisting
bonds aggregating $19,358.36:
of B. J. Van Ingen & Co., of New
$7,150 Supervisors Dist. No. 3 York, Stranahan, Harris & Co.,
bonds. Due on Sept. 1; $1,150 Inc., of
Toledo, Kingsbury & Al¬
in 1947, and $1,000 in 1948 to
vis, of New Orleans, Braun, Bos1953.
worth & Co., Inc., Charles Clark
; 6,411.36 .Supervisors Dist. No. 5 &
Co., of New York, C. F; Childs
bonds. Due on Sept. 1; '$1,- &
Co., of Chicago, Roosevelt &
911.36 in 1947, and $500 in
Cross, of New York, Barcus, Kin¬
Offering
multi¬
to be in
Bond Sale—The
pon
awarded to The Max
Co., of Hazelhurst, as
2 %s, at a price of 100.04, a basis
ples of one-tenth/or Yi of 1%. of about 2.24%. Interest payable
(Each issue of bonds must bear one A-O. The
only other bidder was
1
rate of interest. Principal and in¬ the
T. W. Woodward Co., for 2s,
terest (A-O) payable at the office and
2%s.
of the Commissioner of Finance
Greenwood, Miss*
Pr at the fiscal agency of the City
1
Bonds Sold — The following
of New York City. The approving
bonds aggregating $146,763.90,
£
opinion of Wood, Hoffman, King
were
offered for sale at public
•
& Dawson, of New York City, and
auction on Sept.
^
18 and were
James T. Denery of St. Paul, will
•Dated Oct. 1, 1940- Denom.
Co., Tupelo, for 5s.
Mississippi (State of)
ac¬
check for 2% of the bonds offered
$500,000 permanent improvement
revolving
fund
refunding
bonds. Due Oct.
1966,1
must
Mississippi
Bond
.
ceive sealed bids
.
2%
p.
will be
Offering—Joseph J. Mitch-;
Comptroller,, will re-;
until 10 a. m., oh
Oct. 2, for the purchase of the
following bonds amounting to $1,000,000, to bear not exceeding 5 %
for
17-—v.164,
Eleventh
Series
Covington County (P. O. Collins), bonds offered for sale on Sept. H
City
ell,
A
the bid.
I
Bond
Sale^-Th6 $5,000 school
Bank & Trust
port
Sept.
bonds
on Sept. 2
1130—were awarded to
Kingsbury & Alvis, of New Or¬
leans, as 4s. Denom. $200. These
bonds are due $200 from 1 to 25
years after date of issue. The next
highest bidder was the Peoples
164,
Sale—The $5,000,000 air¬
bonds offered for sale on
1946.;; : Denom.
bonds offered for sale
—v.
/.ky/M*-'
Bond
of
solidated Sch. Dist. (P. O.
Tupelo), Miss.
Bond
about 1.29%.
1946
yLeeCounty,MoorevilleCon'*
bid,
St.Louis,Mo.'^
000
by
Bankers Bond
St.
Louisville,
Co.,
'
Leftwitch & Ross, and
NEW
J
r
"
:
-
—
by
Sought
—
Hewitt, Treasurer of
the Board of Liquidation for the
Board
000 V/z% water works bonds was
recently
Tenders
M.
Borough, has announced that the
HAMPSHIRE
Campton * Village Precinct
|
(P. O. Campton), N. H.- t
Bonds Sold
An issue of $35,-
purchased
Warrant
Josiah
F,'
W.
has
available
$25,000
for
the
purchase at the slowest price
offered of Interest Funding War¬
rants of the
N.
J.
Borough of Fort Lee,
,
These holders desiring to offer
>
V
THE COMMERCIAL & FINANCIAL CHRONICLE
1642
in
tenders
marked
bonds offered for sale
their
enclose
should
warrants
Sept. 18,
on
1958,
incl. Interest payable M-S.
Se¬
Second
best
Corp. of New York, and
Dolphin & Co. of Philadelphia,
100.079
for-
mitted
jointly,
while
awarded
were
plain sealed envelopes
''Tenders
of
Interest
to
the
Union
curities
Funding Warrants," addressed to
the Board of Liquidation for the
1.90s,
as
at
price
a
of
bid
was
1.30%
an
offer
bonds,
of
Pali¬ 100.269,~a. basis of about 1.875 %; 100.343 on L40s, made by the
Ten¬ $150,000 Series A, and $30,000 Se¬ Bankers Trust Co. of New York.
Oct. 2, at ries B bonds. Dated Oct 1, 1946.
Lake Success, N. Y.
Borough of Fort Lee, 1011
sade Ave., Fort Lee, N. J.
ders will be opened on
2 p.m.
-V;-:
Due
Hackensack, N. J.
Sale—The $242,000
Bond
$6,000 from Oct. 1, 1947 to
1976, incl. Interest payable A-O.
♦
The second best bid
was
offer
an
gen¬
Sale
Bond
The
$21,500 cou¬
pon or registered sewer bonds of
1946 offered for sale on Sept. 10
—
North Hempstead Union Free Sch.
;' y ' ; Dist. No. 6 (P. O.
.
sub¬
& Co.,
bid of
Halsey, Stuart
third high was a
by
Monday, September 30, 1946
Manhasset), N. Y.
Bond Sale
—
The $124,000 cou¬
registered school bonds of¬
on Sept. 10—v. 164,
p. 1258—were awarded jointly to
Francis I. duPont & Co., and Til¬
pon or
Corp.,
as
161,
basis of about 1.17%;
Co.,
1.40s, at
as
basis
1947 to
"
1966.
$ V
-v
/
,
,
1947 to 1956.
*
117,000 series C, public improve¬
ment bonds.
Due Sept. 1; in
Oct.
1.39%. Dated
price of 100.-
a
145,000 series B, public improve¬
ment bonds.
Due Sept. 1, in
both of New York,
a price of 100.069, a
of about
1.20s, at
$139,000 series A, public improve¬
ment bonds.
Due on Sept. 1,
fered for sale
ney
a
1947 to 1951.
:
1, 1946. Due on Oct. 1, in 1947 to
by B. J. Van Ingen & Co., of 100.- —v.
Dated Sept* 1, 1946. Denomiha164, p. 1258—were awarded
offered for 309
for $180,000 bonds as 2.10s,
1966, incl. Interest payable A-O. tion
to Tilney & Co. of New York, as
$1,000. Interest payable M-S.
sale on Sept. 16—v. 164, p. 1258—
Second best bid was an offer of
South Amboy,N. J,
144s, at a price of 100.17, a basis
were awarded to Boland, Saffin &
White Creek, Jackson, Cambridge,
100.35
for
eral
refunding bonds
al improvement
bonds offered for
sale on Sept. 24, were awarded to
Boland, Saffin & Co., of New
000.'
York,
1946.
1,
These bonds are due on Dec.
13/4S, at
as
a
bonds
Denom.
due
These
$1,000.
Oct.
fol¬
est bidder was the Fidelity Union lows.*; $3,000 in 1947 to 1952, and
Interest payable
Trust Co., Newark, and J. S. Kip- $2,000 in 1953.
pel & Co., jointly, for 1.60s, at a A-o.
The next high¬
1, in 1950 to 1957.
price of 100.17.
'j
are
-
Sept. 1,
in 1947 to
1.22%..'Dated
about
1946.
Due
on
Sept.
1
1956; Incl;
Marine
Trust
Co.
Salem
and Easton, Central
SchlDistiNo*10 (P.O.
of Buffalo,
andyB, D. White & Co., Jointly*
Cambridge), N. Y.
I
;
North Hempstead Union >Freei:,; >
Interest Rate-Pit is I ndw stated
School District No. 7 (P. O." t.1'
by the
District Clerk,, that* the
Great Neck), N. Y. r,.:/
$26,600 school bus bonds sold to
Note Sale
The $150,000
tax the Merchants National Bank
of
anticipation notes offered for sale Whitehall, at a price of.d00.09—
on
Sept. 10, were awarded to the v. 164 p. 193—were-awarded to
Great Neck Trust Co., at a rate
tie said bank as
1%'Ss,;giving a
of 0.75%.
The next highest bid¬ batis of about
1.22%.
Dated
$230,000 tax an¬
ticipation notes offered for sale on
Sept. 23, were awarded to the
CountyTrust
Co.,,
of * White
Plains, at a rate of 0.62%. Dated
Sept. 26,1946. These notes are due
May 26, 1947. The only other bid¬
der was the First National Bank,
Boston, at a rate bf 0.83%vj
Bond
Sale—The $250,000
Marcellus, N. Y.
Bond Sale-r-The $15,000 Coupon
incin¬
erator
for
14 for the pur¬
lake dredging
plant of 1946 bonds offered
sale on Sept. 12—v. 164, p.
1370—
were
awarded to the First
,
;
Mamaroneck, NtL Y.
Note Sale—The
submitted- by
1.60s,
the
—
v
der
was
the First National Bank,
Boston; at
a
rate of 0.78 %*
June
15; 194$
tn!951.
.
v
Clerk will receive sealed bids un¬
til 8 p.m. on Oct.
of $15,000
as
Amsterdam, N. Y.
Borough
Offering—The
Bond
1,
new YORK
,
Allenhurst),
NewJersey
Interlaken (P. O.
H
on
of
price of 100.10,
basis of about 1.72%. Dated Oct.
a
1, 1946.». Denom. $1,-
Dated Sept.
Sale—The $20,000 gener¬
Bond
Co., of New York, and the Peoples
Co., of Bergen County of
Hackensack, jointly, as l^s, at a
price of 100.087, a basis of about
1.488%.
Interest
payable
J-D.
Trust
public improvement bonds offered
foir sale recently, were • awarded
Rotterdam; > tire District No.
3
NORTH CAROLINA
(P. O. Schenectady), N. Y.
/ Bond
will
be
Offering—Sealed
received
until
2
bids
p.
Due on June 15 in 1947
Interest payable J-lJ.'
m.
yJ^Apex, N. C.
Bond
-
Salej
—
.The
" ''-y'iy}'
following
(EST), on Oct. 4, by Vernon E. coupon refunding bonds aggregat¬
Boston Corp., as lYis, at a price of to the First National Bank, of
Lee, -District Treasurer, for the ing $134,000, offered for > sale on
bonds, v ' '
Marcellus, as Is, at a price of par.
100.11, a basis of about 1.236%.
purchase of $45,000 coupon or Sept. 10—v. 164, p. 1371—were
r
Lodi, Ni J.
Dated July 15, 1946.
Denomina¬ Dated Oct. 1, 1946. Due $3,000 on registered fire house bonds. In¬ awarded to a
Bond
Offering — Sealed
bids
group composed of
tion $1,000.; Interest payable J-J. Oct. 1 in 1947 to 1951, incl. Inter¬ terest rate
is not to exceed 4%, R. S. Dickson & Co. of
will be received until 8 p. m.
Charlotte,
These bonds are due July 15, in est payable A-O.
The next high¬ payable A-O. Rate to be in multi¬ J.
Lee Peeler
(EST), on Oct. 7, by Joseph D.
Co., Inc. "Of Dur¬
est bidder was Tilney & Co., for
1947 to 1961.
ple of
or 1/10th of 1%, and
Pacella, Borough Clerk, for .the
ham, and- the- Vance Securities
1.20s, at a price of 100.031.
must be the same for all of the
purchase of $22,000 , coupon or
Corp. of Greensboro, as 3Vfes, art a
iClarhstown, Valley Cottage Fire .*■
bonds. Denom. $1,000. Dated Oct. price of
Mount Vernon, Ni Y.
registered water bonds. Interest
Disti (Pi O* Valley Cottage),
100.029,-a basis of about
rate is not to exceed 6%, payable
Due on Oct. 15 as fol¬ 3.495%: $129,000 water and sewer
Bond Sale—The following bonds 15, 1946.
New York
lows:- $2,000 in 1947 to 1961, and bonds. Due on
J-J. Rate to be in a multiple of
March 1 in 1943
Bond Sale—The $6,500 coupon aggregating $359,000, offered for
1/20 of 1%, and must be the
sale on Sept. 17—v. 164, p. 1370— $3,000 in 1962 to 1966. Prin. and to 1974, incl. $5,000 general bonds.
or registered fire apparatus bonds
same for all of the bonds. Denom.
were awarded to C.
F. Childs & int. payable at the Schenectady Due on March 1 in 1948 to 1952,
offered for sale on Aug. 26 — v.
Trust Co. The approving opinion incl. Interest
$1,000. Dated July 15, 1946. Due
payable M-S. Dated
164, p. 1131—were awarded to the Co., of New York, Marine Trusl of
on
Vandewater, Sykes & Heckler Sept. 1, 1946.
July 15 as follows: $3,000 in
Mahopac National Bank of Ma- Co., of Buffalo, and Sherwood & of New York
1947 to 1950, and $2,000 in 1951
City, will be fur¬
Co., of New York, jointly, as 1.20s,
hopac, as 1.40s, at a price of 100.Asheboro, N. Q.
to 1955. Prin. and int. payable at
at a price of 100.21, a basis of nished to the purchaser without
107, a basis of about 1.36%. Dated
Bond Sale—The following cou¬
cost. A $900 certified check, pay¬
the
Lodi Trust Company.
The
about 1.13%:
Aug. 30, 1946. Due on Aug. 30
pon bonds aggregating $28,000, of¬
able to the District, must accom¬
successful bidder will
be fur¬
in 1947 to 1951, inclusive.
Inter¬ $190,000 series A, highway refered for sale on Sept. 10—v. 164,
nished with the approving legal
pany the bid.
est payable F-A.
paving bonds. Due on April 1,
p.
1371 — were awarded to the
opinion of Reed, Hoyt & Wash¬
from 1948 to 1951 inclusive.
Scarsdale Common Sch. Dist. No. 2 Branch
Banking & Trust Co. of
burn of NeWi York City. A $440
Elmsford, N. Y.
4
(P.i O.? Scarsdale), N.'Y.
*60,000 series B, highway repay¬
Wilson, at a net interest cost of
certified check, payable to the
Bond
Offering—Sealed
bids
Bond Offering—The Board of about
ing bonds. Due April 1, from
2.345%:
"
Borough, must
accompany
the will be received until 2 p. m.
1947 to 1950 inclusive.
Trustees will receive sealed bids
bid.
$18,000 water bonds.
Due $1,000
(EST), on Oct. 3, by Edward P.
65,000 fire department
equip¬ until 3,30 p. m. on Oct. 2, for the
from March 1, 1949 to 1966,
Eaton,\ Village Treasurer; for the
ment
bonds.
Due
Madison School District, N. J.
April 1, purchase of $225,000 building
chase
-
:
'
.
-
cou¬
purchase of the following cou¬
pon or registered bonds aggregat¬
ing $175,000:
!
;
—v.
164, p. 1258—were awarded
$162,000
street
improvement
to Harriman Ripley & Co., Inc.,
bonds.
Denom. $1,000.
Due
and B. J. Van Ingen & Co., of New
on Sept. 1; $12,000 in 1947 to
York, jointly, as 1.40s, at a price
1949, and $18,000 in 1950 to
of 100.078, a basis of about 1.393%.
1956. The period of probable
Dated Oct. 1, 1946. Denom. $1,000.
usefulness is 10 years.
1
These bonds are due on Oct. 1,
13,000 fire truck bonds. Denom.
in 1947 to 1971. 'Interest payable
: $500.
Due on Sept. I; $1,000
A-O.
The next highest bidder
in 1947, and $1,500 in 1948 to
was White, Weld & Co., Coffin &
1955. The period of probable
Burr, E. H. Rollins & Sons, C. C.
usefulness is 10 years.
Collings & Co., and Rand & Co.,
«Interest rate is not to exceed
jointly, for $548,000 lY>s, at a
5%, payable M-S. Rate to be in
price of 100.401.; 4;; ^ "
a multiple of
Va or 1/10 of 1%,
and must be the same for all of
New Brunswick, N. /.
$550,000 school
bonds offered for sale on Sept. 11
Bond Sale—The
r
Bond Sale—The $116,000
build¬
ing and equipment bonds offered
fore
sale
on
awarded
1370—were
164,
17—v.
Sept.
p.
the Peo¬
to
the
Prin.
bonds.
and
int.
pay¬
able at the First National Bank of
The approving opinion
Elmsford.
of
Vandewater, Sykes & Heckler
from 1947 to 1957 inclusive.
of $200,000 Dated Oct. 1, 1946. Due on Oct.
improvement 1 as follows: $7,000 in 1947 to 1951,
and $6,000 in 1952 to 1966. Prin.
coupon
or registered bonds, not
exceeding
6%
interest.
Dated and int. (A-O) payable at the
Oct. 1, 1946. Denom. $1,000. These Marine Trust Co., Buffalo.
Le¬
bonds are due $10,000 Oct. 1, 1947 gality •• approved : by
Hawkins,
for
the
to
purchase
and
1966.
street
Rate of interest to be in
multiple of Ys of 1%. Principal
payable at the Bank
of Manhattan Co., New York City.
The approving opinion of Haw¬
kins, Delafield & Wood, of New
York, will be furnished the suc¬
a
Delafied
&
Wood
of
New
York
City.
to
collection
of
The money
taxes.
meet
estate
real
cessful bidder.
check
for
Enclose
$4,000
a
certified
payable
to
the
Township.
Oaklyn, N. J.
Bond
$180,000
Sale
—
coupon
The
sewer
following
of
1946
Hempstead Sch. Dist. No.
(P.
O. Hempstead),
Bond Sale
pon or
—
N.
City's current ex¬
$25,000,000 is payable on
Oct. 10, and Oct. 17, 1947.
North Hempstead,
Park
Water
Garden
Garden City
District
(P.
O.
City Park), N. Y.
Bond Sale—The following cou¬
bonds aggregating $33,500, of¬
on Sept.-10—v. 164,
1370—were awarded to Tilney
pon
fered for sale
& Co. of New York, as
1
price
Y.
of
1.365%:
The $112,000 cou¬
registered school bonds of¬
fered for sale
on Sept. 10—v.
164,
1370—were awarded jointly to
Francis I duPont &
p.
100.17,
a
1.40s, at a
basis of about
-r;
$8,500 fire apparatus bonds.
Oct. 1 in 1947 to 1951..
about
1946.
Due
1.21%.
on
Dated
Sept.
1
in
Sept.
25,000 building
h
bonds.
/
;
Due
j
on
Oct. 1 in 1947 to 1956.
1947
bonds, by C. F. Childs & Co., and
to Sherwood & Co., jointly.
1,
•
proximate
time when the
is
Nov
1, 1946.
will
bonds
be
ap¬
bonds
Delivery of said
made
at Scarsdale
National Bank & Trust Co.
close
En¬
certified check for $4,500,
a
Jacksonville, N. C.
un¬
will be delivered to the purchaser
payable to the District Treasurer.
Bond
Bond Offering
City
—
Moss W. Sim-
will
Clerk,
Sale—The
:
following
pon
bonds
were
offered for sale
and
were \
aggregating
awarded
on
to
cou¬
$30,000,
Sept. 17
J.
Lee
Peeler & Co. of Durham, as
3%s,
at a price of
100.106, a basis of
about 3.48%: $10,500
water, and
$19,500.
Dated
Tonawanda, N. Y.
,
sanitary
sewer
Oct. 1, 1946.
Due
bonds.
April
1; $2,000 in 1949 to 1951, and
$4,000 in 1952 to 1957. Prin. and
on
receive
int. (A-O) payable in New York
Oct. 9, city.
•• f::
^
t?»; •
for the purchase of $56,000 sani¬
Kinston, N. C.
f ^
tary sewer and storm drain of
Bond Sale — The coupon bonds
1946 bonds, to bear not exceeding
aggregating $783,000, offered for
5% interest. Dated Sept. 1, 1946.
Sale on Sept. 10—V, 164, p, 1371—
Denomination $1,000. These bonds
were awarded to a
syndicate com¬
are due on SCpt
1, as follows: $2,- posed of R. S. Dickson
& Co., of
000 in 1947 to 1972, and $1,000 in
Charlotte, the Harris Trust &
1973 to 1976.
Rate of interest to
Savings Bank of Chicago, the
be in multiples of Va or one-tenth
Commercial Union Bank of Nash¬
of
1%.
Principal and interest
ville, Cruttenden & Co. of Chi¬
(M-S)
payable at the
Marine cago,
Ryan, Sutherland & Co. of
Midland
Trust
Co.,
New York
Toledo,
the
Vance
Securities
City, or at the City Treasurer's Corp. of
Greensboro, and J. Lee
office.
The approving opinion of
Peeler & C., 'Inc* of
Durham, at
Wood, Hoffman, King & Dawson, a price of
100.01, a net interest
of New York City, will be fur¬
cost of about
son,
sealed bids until 2 p.m. on
.
.
to
nished
Due
Dated
Oct.
Co., and Til1, 1946.
Interest
ney & Co., both of New
York, as payable A-O. Second highest bid
IVis, at a price of 100.22, a basis was an offer of 100.29 for 1Y2%
of
obligations payable from
is to be used limited ad valorem taxes. The
the
penses.
p.
and interest
eral
^
the
;
sewer
orti
'
of
of New York City, will be fur¬
ples National Bank of New Bruns¬
Niskayuna Water District No. 5
nished to the purchaser without
wick, as 1.20s, at a price of
cost.
A $3,500
certified check,
(P. O. Niskayuna), N. Y
100.015, a basis of abopt 1.18%.
Bond Sale—The $8,550 coupon
Interest payable M-S. Dated Sept. payable to the Village, must ac¬
or registered water bonds offered
company the bid.
1, 1946.
Denom. $1,000. .- These
for sale on Sept. 16, were awarded
bonds are due on Sept. 1, in 1947 Grand Island Common Sch. Dist.
to the Schenectady Trust Co., of
to 1956.
The next highest bidder No. 1
(P. O. Grand Island), N. Y.
Schenectady, as 1.10s, at par, ac¬
was
Boland,
Saffin & Co., for
Bond Sale—An issue of $125,cording to Roy W. Peters, Attor¬
1.20s, at a price of 100.018.
000 coupon or registered construc¬
ney for the District.
Due $450
tion bonds was offered for sale on from
North Bergen Township (P. O.
Sept. 1, 1947 to 1965, inclu¬
North Bergen), N. /.
Sept. 18, and was awarded to the sive.
Second best bid was an of¬
Marine Trust Co. of Buffalo, as
Bond
fer; Of 100.116 for 1.60s, tendered
Offering—Joseph Kelly,
Township ; Clerk, -. will
receive IY2S, at a price of 100.46, a basis by the Mahopac National Bank of
Denom. $1,000.
sealed bids until 11 a. m. on Oct. of about 1.45%.
Mahopac. Interest payable M-S..;
2
incl.
registered bonds, to bear
10,000
refunding
bonds.
Due
33,000
municipal
playground not exceeding 5% interest
Dated
$1,000 from March 1, 1943 to
equipment bonds. Due April Nov. 1, 1946. These bonds are due
1952, incl. <
1, from 1948 to 1951 inclusive. on Nov.* 1, as follows: $10,000 in
Dated Sept. 1, 1946.
Interest
11,000
municipal
playground 1947 to 1961, and $5,000 in 1962
!
•
~
equipment bonds. Due April to 1976. Rate of interest to be in payable M-S.
1, from 1948 to 1951 inclusive. multiples of Va or one-tenth of
r Canton, N. C.
'
^* *
Dated Oct. 1, 1946.
Coupon or 1%. Denomination $1,000. Princi¬
Bond Sale—The $18,000 coupon
registered interest payable A-O. y; pal and interest (M-N) payable at resurfacing street bonds offered
the - Scarsdale National Bank & for sale on
Sept. 10—v. 164, p. 1371
New York, N.Y,'
Trust Co., Scarsdale.
The suc¬ —were awarded to Kirchofer-&
Note Sale—Lazarus Joseph, City cessful bidder will be furnished
Arnold of Raleigh, at a net inter¬
Comptroller, has sold to a group with the opinion of
Wood, Hoff¬ est cost of about 1.37%.
Dated
of bankers $50,000,000 of tax an¬
man,
King & Dawson, of New Sept. 1, 1946. * Due
$2,000 from
ticipation
notes.
These
notes, York City, that said bonds are
March 1, 1949 to 1957, incl. Inter¬
which bear an interest rate of
valid and binding obligations of est
payable M-S.
0.625%, are issued in anticipation the District. Said bonds are gen¬
^ v
- **•
* ■
4 t' &
£\
pon
without
check
the
cost.
for
successful
Enclose
a
bidder
certified
$1,120, payable
to the
City.
Utica, N.
Bond Sale—The
Y.
following bonds
2.195%, on the bonds
follows: -$283,000 elec¬
light bonds of which $183,000
divided
tric
as
2Vis, due from June 1, 1949 to
1966, and the remaining $100,000
are
are
2s, due from Pune 1, 1967 to
improvement
1971. $500,000 street
aggregating $401,000, offered for bonds as 2y4s. Due on June 1, in
sale on Sept. 12—v. 164, p. 1370— 1949 to 1966, incl. Dated June 1,
were awarded to the First Boston 1946. Interest payable J-D.
Volume 164
i/l
Number 4529
1.47%.; Dated Sept. 1, 1946. Due
Louisburg, N. C.
rri
■^v/Bond Offering—W. E. Easter- on Sept. 1 in 1948 to 1967, inclu¬
ling,, Secretary of the Local Gov- sive. Runner-up in the bidding is
J. e^nment» Commission,
have been Braun, Bos¬
will
re- said to
/. ceive sealed bids until 11 a.m. on worth & Co., Inc., Toledo^
Oct. 1, at his office in Raleigh, for
>
>3' *.;■*" Berea, Ohio
.,'
;
the purchase of $93,000 street im>!Rond Sale—It is stated
by W.
i) provement bonds, to bear not exH. Parshall,
City Auditor, that
$ ceeding 6 interest.
Dated Sept. the
$250,000 electric light ; and
W 1,.
1946.", Denomination / $1,000.
power plant and system extension,
■a These bonds are due on March 1,
first mortgage revenue bonds of¬
"i as follows: $3,000 in 1949 to 1956, fered for sale on
Sept. 13, were
£ $6,000 in 1957, and $7,000 in 1958 awarded to
Hayden, Miller & Co.,
$ to 1966.
Principal and interest of
Cleveland, as l%s, at a price of
(M-S) payable in New York City. 100.321. Dated
Sept. 15,1946. Due
'*5 Registerable as to principal alone;
on Sept.
15 in 1947 to 1966; sub¬
general obligations; unlimited tax;
ject to call on and after Sept. 15,
delivery on or about Oct, 21, at
1951, on certain terms. Interest
place of purchaser's choice. Bid¬
payable
i
payable
M-S.
Second
ders are requested to name the
best bid was an offer by
Braun,
interest rate or rates, in multiples
Bosworth & Co., Inc., "of 100.191
*
of Ya of 1%. The approving opin¬
for l%s.'
'
v '•'<'A'l
ion of Masslich & Mitchell, of
New York City, will be furnished
Brooklyn Local School District
t;
.
-
*
(P.
the purchaser. Enclose a certified
check for $1,860, payable to the
*
'
Board
^
awarded
to the Branch Banking
&c
Co.
Trust
i interest
of
cost
Wilson, at a net
of about
2.195%.
5 Dated Sept.
1, 1946.
Due on
March 1: $6,000 in 1949 to 1953,
and $15,000 in 1954 to 1965.
In-
*
l
Second best
terest payable M-S.
bid
was
an
Ohio
E. Um-
of
of
the
Education, will receive
sealed bids until 8 p.m., on Oct. 8,
the purchase of $225,750 2%
for
cou¬
pon school bonds offered for sale
oh Sept. 10—v. 164, p. 1371—were
,
Offering—Opal
Clerk-Treasurer
'
Surry County (P. O.
Dobson), N. C.y
'Bond Sale—The $210,000
O. Cleveland),
Bond
phrey,
| State Treasurer.
1
offer that would have
brought an interest cost of about
V2J22%j. -submitted by - Breed &
construction bonds.
1946.
Dated
Denomination
July 1,
$1,000, one
for
$750. These bonds are due on
Dec. 1, in 1948 to 1969.
Bidders
may bid for a different rate of
interest in. a multiple of ; %. of
1 %; These bonds were authorized
at the general election held on
Nov. 6,1945. The approving opin¬
ion of Squire, Sanders &
Dempsey, of Cleveland, will be fur¬
nished the purchaser.
Enclose a
certified check for 1 % of the issue
Harrison, fand the Provident Sav¬ payable to the Board of Educa¬
ings Bank & Trust Co. of Cincin* tion.
I
natl, jointly.
'
Cuyahoga County (P. O*
*
:
NORTH DAKOTA
:
,
Cleveland), Ohio
; /
Bond
..
Velva,
...
Bond. Sale—The
7
annual
city
Clerk
$30,000 semiconstruction
sale on Sept.
hall
.bonds Offered for
*3—184, p. 1258—were awarded
f to the Bank of North Dakota, - of
Bismarck; as 1.90s,T at a price of
^100.660, a basis of about j.81%.
:
Due
*
in
1947 to
Second* best bid
1966,
was
inclusive,
ah offer of
V100.583 for 1.90s, submitted by the
Peoples State Bank of Velva.
OHIO
'Attron City Sch. Dist. (P. O.
2%
t
building bonds offered for sale on
Sept. 16—v. 164, p. 1371—were
/ awarded to a syndicate composed
':of Brawn# Bosworth & Co., - Inc.,
Sffanahan; Harris & Co.,~ Inc., of
Toledo, Field, Richards & Co.,
McDonald & Co., both of Cleve¬
land, Ryan, Sutherland & Co. of
Toledo,
the
Provident
Savings
Bank & Trust Co. of Cincinnati,
Fahey, Clark &
Co., the First
Cleveland Corp., Hawley, Sheppard
& Co.» all of Cleveland, the
Vfeil, Roth & Irving Co* Van
Dahr; Doll & Isphording, Assel,
Kreimer & Co., all of Cincinnati,
Merrill, Turben & Co. of Cleve¬
land, and Breed & Harrison of
Cincinnati, at a price of 100.911, a
basis of about
1.92%.
Dated Oct.
1, 1946. Due on Dec. 1 in 1948 to
1969, incl.
Interest payable J-D.
Second
best
bid
was
an
offer of
100.59 for
2s, submitted by a syn¬
by Halsey, Stuart
& Co., and the Northern Trust Co.
dicate
of
headed
Chicago.
Bay Village Sch. Dirt. (P. O.
Bay" Village), Ohio ■
<
Clerk of the Board of Education
the
$70,000
of
Frank J.
—
the
Board
Husak,
of iCounty
bered from B-1310 to B-2600.
All of said bonds
dated Oct.
are
building
on
June
|
(P. O. Fairplrt
Harbor), Ohio
Fairport
,
Bond
Sale—The $9,000
ffre
(P.
paratus bonds offered for sale
on
p. 1258 • - were
awarded to J. A. White &
Co., of
Cincinnati.
Dated
Sept.
1946.
$1,000
These
Sept. 1, |n 1947
Denomination
bonds
to
due
are
on
1955, inclusive.
Franklin County (P. 0.
Columbus), Ohio
Bond Sale—The
$251,000 Sewer
District Truro No. 1, Trunk Sewer
Improvement No. 196 bonds of¬
fered for sale
1371—were
p.
White
&
1V2S, at
of
Co,
on
Sept
20—v. 164,
awarded
to
J.
A.
of
Cincinnati, as
price of 100.075, a basis
a
about
coupon
was
O*
Sale—An issue of $45,500
special
offered
for
assessment
sale
on
bonds
Sept.
and
6
was awarded to Seasongood &
Mayer of Cincinnati, as iy>s, at a
price of 100.29, a basis of about
building
1, ~ 1946.
bonds..
Dated
Oct.
Denomination
$1,000.
These bonds are due $4,000
April
and $5,000 on Oct.
1, in 1948 to
1967. Bidders may bid for a dif¬
ferent rate of
tiple. of V\
interest in
1%,
of
authorized
were
mul¬
a
These
bonds
at
the primary
May ,'; 7, 1946.
Principal and interest (A-O) pay¬
election
able
held
at
the
on
Gibsonburg.
check for 1%
of the par value of
the bonds, payable to the above
Clerk-Treasurer.
.
<
Grand Prairie Local Sch. Dist.
(P. O. Marion), Ohio
Bond
Sale—The
struction
on
bonds
$70,000
offered
Sept. 10—v. 163,
awarded
for
con¬
sale
1371—were
p.
the
National
City
Marion. * Dated Oct. 1,
Denom.'V $1,000. '• These
bonds are due $1,750 April and
Oct. 1, 1947 to 1966./The next
highest bidder was Ryan, Suther¬
land & Co.
to
Bank,
of
1946.
i
1.49%.
Dated
Co.,
of
City
Sch,
Dist.,
i'*/:';/
City, as 2s.
$3,000 in 1949
$2,000 in 1960.
^
are
due
Waynoka, Okla.
Sold—It
is
stated
$7,000 as l3/4s, due in
and the remaining $78,000
2s, due $7,000 in 1950 to 1960,
and $1,000 in 1961.
Second best
Education,
must accompany the bid.
bid
was
an
offer
by
the
Small-
Milburn
Co., of 100.011 for $85,l%s and 2s.
as
OREGON
close
(P.O. Jefferson RFD No. 1), Ohio
Bond
man,
Offering —-Robert Way-
District Clerk, will receive
sealed bids until 8 p.m., on Oct. 7,
for the purchase of $30,000 school
re¬
gen¬
=
certified check for 10% of
a
'
t
Township
Schenecksville), Pa.
Sale
The $150,000
Bond
pon
—
registered
or
offered
for
sale
.
cou¬
building bonds
Sept. 12—v.
on
164, p. 1259—were awarded to
Halsey, Stuart & Co., as l3/4s, at a
price of 102.379, a basis of about
1.55%.
Second
offer of
Phillips, Schmertz & Rob¬
inson, of
Dated
from
best
101.68 for
bid
was
1%%
an
bonds.
Oct.
1, 1946. Due $6,000
Oct. 1,1947 to 1971, inclu¬
sive.
Interest
payable A-O.
t
Scott
Township (P. O.
Carnegie), Pa.
'
Bond Sale—The $75,000 coupon
general
for
sale
1259
—
Deane
obligation bonds offered
on
Sept. 10—v. 164, p.
were awarded to
Singer,
&
iy2s,
as
Scribner
at
of
Pittsburgh,
price
of 100.82, a
basis of about 1.315%. Dated Sept.
1, 1946. Due on Sept. 1 in 1947 to
a
1956, inclusive.
Interest
payable
M-S.:
■
.
Springfield Township Sch. Dist.
Lincoln County, Agato Beach
Water District (P. O.
Agate Beach), Ore*:
Bond Offering—Alfred L. Per¬
ry,
Whitehall
Sch. Dist. (P. O. Route 1, "
the bid.
Locals School ^District
Plymouth
Monessen, Pa.
$200,000
Sale—The
North
1949,
as
.
Board of
Borough Treasurer, is
Bond
Clerk-Treasurer
of
the
Big• Horn County School District
Education, will receive
No. J (P. O. Byron), Ore.
sealed bids until noon on Oct. 17,
Bond Offering—James T. Shockfor
the
purchase of
$1,600,000
ley, District Clerk, will receive
\Vz% construction bonds. Dated
sealed bids until 8 p.m., on Oct. 5,
Nov. 1, 1946.
Denomination $1,- for the
purchase
of
$100,000
000. These bonds are due $80,000
building coupon bonds, not ex¬
from Oct. 1, 1948 to 1967.
Bid¬
ceeding 5% interest Dated Sept.
ders may. bid for a different rate
1,
1946.
Denomination
$1,000.
of interest in a multiple of V4 of
These bonds are due Sept. 1, as
1%, payable A-O. These bonds follows:
$5,000 in 1948 to 1952,
are
the balance of the $1*900,$10,000 in 1953 to 1955, and $15,000 issue authorized at the pri¬
000 in 1956 to 1958.
Principal and
mary election on May 7.
The ap¬ interest
(M-S)
payable at the
proving opinion of Squire, Sand¬
County Treasurer's office.. The
ers & Dempsey, of Cleveland, will
approving opinion of Pershing,
be furnished.
A certified check
Bosworth, Dick & Dawson, of
for 1% of the bonds bid for* pay¬
Denver, will be furnished. En¬
the
the
quired with bid.
eral
of
to
to
.
erton,
able
approving
opinion of Burgwin & Churchill,
of Pittsburgh, will be
furnished.
A $1,500 certified
check, payable
follows:
Full¬
Board
1966, inclusive.
The sale of
these bonds is subject to the
ap¬
the Department of In¬
ternal Affairs, and the
obligations bonds offered for
by
on sale Sept. 25—v.
164, p. 1371—
Nelson J. Parks, Town
Clerk, that
were awarded to E. H. Rollins &
$85,000 electric light plant bonds
Sons, and Associates, as 2s, at a
were offered for sale on
Sept. 9
price of 100.399, a basis of about
and were awarded
jointly to the
1.945%. Dated Oct. 1, 1946. De¬
First National Bank & Trust
Co.,
nom. $1,000.
These bonds are due
and R. J.
Edwards; Inc., both of
Oklahoma City, at a price of 100.- Oct. 1, as follows: $15,000 in 1948
to
1955, and $16,000 in 1956 to
029, a net interest cost of about
1960. Interest payable A-O.
1.99%, 011 the bonds divided as
Bonds
•
Ohio
Bond Offering—Gertrude
water
Oklahoma
These bonds
to 1959, and
000
Lakewood
$35,000
works extension bonds offered for
sale on Sept.
12, were awarded to
the First National Bank & Trust
Home
Banking Co.,
Enclose a/certified
Sale—The
1,
Oct. 1,1949
proval of
Sentinel, Okla.
Bond
nomination $1,000. Dated Oct.
1946,; Due $4,000 from
to
Secretary
of
the
Board
'
i
O. Springfield),
Sale—The : $100,000
1
-
;
Bond
im¬
provement bonds offered for sale
on
Sept. 6, were awarded to HarRipley: & Co., Inc., and
riman
of
Stroud
&
Co., of Philadelphia,
jointly, as lVsS, at a price of 100.4, for the
419, a basis of about 1.075%. In¬
purchase of $7,000 general obliga¬
terest payable M-S.
tion bonds, to bear not exceeding
2y? % interest. v These bonds were
West View Municipal
originally offered for sale on ;v;; V.,i;; /f Authority, PU.
Bonds Sold—An issue of $2,075,Sept. 6, and not sold. | '•/,
'
000 2% improvement and refund¬
Marion County Sch. Dist. No. 128
ing water- revenue bonds was
Sidney, Ohio
(P. O., Salem), Ore.
purchased recently by a syndicate
Bond Offering—O.
S.
Kenny, 1 Bonds
Sold—It is reported by composed of
Stranahan, Harris &
City Clerk, will receive sealed E. P.
Carletoh, District Clerk, Co., Inc., of Toledo, Merrill Lynch,
bids until noon on Oct. 4 for the
that
$6,000 school bonds were Pierce, Fenner & Beane, of New
purchase of $73,500 21/2% incin¬ awarded
on Sept. 3 to the United
York, Hawley, Shepard & Co., of
erator
bonds.
Dated
Sept.
15, States
National Bank of Portland
Cleveland, Stifel, Nicolaus & Co.,
1946. Denom. $1,000, one for $500.
(Salem Branch).
t
of Chicago, Hayden, Miller & Co.,
These bonds are due on Sept. 15,
of Cleveland, Phillips, Schmertz
as follows: $2,500 in 1948, $3,000
PENNSYLVANIA
&
Robinson,
of
in 1949 to 1953, and $4,000 in 1954
Philadelphia,
Thomas & Co., S. K. Cunningham
Abington Township (P. O. 1
to 1967.
Bidders may bid for a
& Co., Fauset, Steele & Co., and
Abington), Pa.
different rate of interest in a mul¬
Bond Offering—Sealed bids will Geo. G. Applegate, all of Pitts¬
tiple of % of; 1 %. Principal and
be received until 7:30 p.m.
Dated May 1, 1946.
interest payable at the Citizens
(EST), burgh.
De¬
on Oct. 4, by E.
Raymond Ambler, nomination $1,000.
National Bank, Sidney.
Due May 1,
The ap¬
Township Secretary, for the pur¬ 1982. Principal and interest pay¬
proving opinion of Peck, Shaffer
& Williams, of Cincinnati, will be chase of $250,000
coupon
sewer able at the Chase National Bank,
Commissioners, will receive sealed
bids until 8 p.m. on Oct.
*
r.
Oct.
15,
,
furnished
bonds
the
The
purchaser.
payable from taxes out¬
are
Enclose
side of limitations.
a
cer¬
bonds.
ceed
Interest rate is not to
ex¬
lJ/2%,
payable ' A-O.
De¬
nomination $1,000.
Dated Oct. 1,
1946.
Due
New
York.
deemable
Said
at
bonds
are
re¬
the
option of the
Authority, upon 30 days' prior
published notice, at any time on
or
after Nov. 1, 1950, as follows:
$1,325,000 '{Bond Nos. 4901 to 6225,
$50,000 on Oct. 1 in
1951, inclusive. Bonds will
be
registerable as to principal
M-S.
Runner-up in the bidding Sptingfield Local Sch. Dist*, Ohio
only. These bonds are to be is¬ inclusive), by lot, at 105 and ac¬
was Halsey, Stuart &
Co., offering
Bond Sale—The $190,000 con¬ sued
subject to
the
favorable crued interest; $750,000 (Bond Nos.
102.299 for 1%S.
struction and improvement bonds opinion of
Townsend, Elliott & 6226 to 6975, inclusive), in the inFranklin County (P. O. Columbus), offered for sale recently, were Munson, of
Philadelphia, and will* verse order of their numbers, by
awarded to Fahey, Clark & Co., be delivered to the purchaser
Ohio
only application of revenues in the
of Cleveland, as l%s, at a price of if and after the
Bond Sale—The
Service
proceedings au¬ Debt
Fund, < at
100
$203,600 Sewer
District Mifflin No. 1, trunk sewer 101.611, a basis of about 1.59%. thorizing, the
issuance
thereof and accrued interest, and for re¬
have been approved by the De¬ funding purposes at 101 and ac¬
improvement No. 195 bonds of¬ Interest payable A-O.
1946.
in
Due
1948
to
1972.
The
Hamilton), Butler County, Ohio
Bond
2%
as
follows: $40,000 to the First
National Bank & Trust Co., Mus¬
kogee, and $15,000 to the First
National Bank, Fort Gibson.
•
ap¬
Sept. 1.7 -r-v. 164,
to
Belmont Sewer District
of Education, will receive
sealed bids until 7:30 p.m. on Oct.
11, for the purchase of, $180,000
bonds, not exceeding 6% interest.
I, 1936. Holders of these bonds Dated
Sept. 1, 1946. Denomination
should present the same, with all
$1,500. These bonds are due $1,unmatured coupons attached, for
500 Sept. 1, 1948 to 1967. Rate of
redemption on date called, at the
interest to be in multiples of V\
office of the County Treasurer for
Of 1 %.d Authorized at the primary
payment,
election held on May 7.
March and Sept. 1
1972. Interest payable
on
bonds
8, were fered for
sale on Sept. 6—v. 164,
awarded to Fahey, Clark & Co. of
p. 1002—were awarded to J. A.
Cleveland, as iy2s, at a price of White &
Co., of Cincinnati, as
101.434.
Interest
payable J-D.
1V2S, at a price of 100.338, a basis
Dated June 1, 1946. Second best
of about 1.47%. Dated Oct.
1,1946.
bid was an offer of Braun, Bos¬
Denom.
$1,000, except one for
worth & Co., -Inc., of 101.16 for
$600. These bonds are due in 1948
iy2s.
offered .for sale
Board
164J
tified check for $750,
the city.
payable to
1947 to
■
Bonds Sold—It is stated by the
that
Call
,
Commissioners, is calling for pay¬
ment
on
Oct.
1, the following
3%% refunding bonds amounting
to $1,900,000:
$600,000 bonds. Due April 1 and
TOct. 1,1947 to 1951,numbered
;>frbm A-601 to A-1200^
.1,300,000 bonds. Due April and
Oct. 1, 1947 to 1951, num;
Akron), Ohio
.•Bond Sale—The $3,000,000
V
THE COMMERCIAL & FINANCIAL
CHRONICLE
-
Interest
payable M-S.
highest
bidder
was
next
Braun, Bosworth & Co., Inc., and
Fullerton & Co., jointly, for
IY2S,
at a price of 100.89.
sale
extension bonds offered for
on
Sept. 18—were awarded
to the local banks at
est cost of 1.69%.
est bidder
and
was
District, Ohio
Offering — Harold
Gibson,
works
E.
Wichman, Clerk-Treasurer of the
extension
for sale
on
recently
as
net interest
j
•Bonds Sold—The
School
Bond
R. J. Edwards, Inc.,
a
Okla.
$55,000 water
bonds
offered
July 23, were awarded
3s.
at
a
A
crued
interest.
of the face
Term
bonds
of the bonds, payable to
Township Treasurer, is re¬
quired with bid.
before
the
Term
Bridgeville, Pa.
net inter¬
The next high¬
Associates, at
cost of 1.70%.
a
Affairs.
amount
Duncan, Okla.
age
Internal
certified check for 2%
Bond Sale—The $50,000 sewer¬
Fort
Gibsonburg Exempted Village
partment of
OKLAHOMA
price of
par,
Bond
will
be
Offering
received
—
Sealed
until
8:30
bids
p.m.
(EST), on Oct. 5, by Arthur M.
Fryer, Borough Secretary, for the
purchase of $72,000 coupon mu¬
nicipal building and fire depart¬
ment bonds.
Bidders
are
the rate of interest in
of
Vs
same
of
for
a
to
name
multiple
1%, which must be the
all
of
the
bonds.
De¬
All
must
the
par
be
premium
bonds
are
callable
redeemed
callable
All
redeemed.
bonds bear interest at the rate oJ
2%% from May 1, 1946, to Nov. 1,
1950, and 2% thereafter to ma¬
turity.
Legality
approved
by
Wood, Hoffman, King & Dawson,
of New York.
Wyoming, Pa.
Bond Sale—The $45,000 coupon
storm sewer system bonds offered
for sale
on
to
First
the
Dallas, Pa.,
Sept. 18,
as
were
National
iy>s.
awarded
Bank,
of
Dated Sept.
'
At
•!
1
7
'i
*
.
„
'•'-f *
i
f
■,"*
,'
•'»''' V* '•
1
/ r
>
•
j
•
,
,
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f
<■>,*
f
,V»'.
J/'/5
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)
'
'
i,
■
..
*".
•rvv ^
*
CHRONICLE
THE COMMERCIAL & FINANCIAL
1644
t
iJfit',
.*7$
r
v**,
V
Monday, September 30, 1946/
'
fc/j"-*'
fa
-il
'
ȣ.
•)Vt.,
Sept. 1
Due $3,000 from
1, 1946.
•ft*
1962, incl.
Interest pay¬
able M-S/ The next highest bid-?
1948 to
der
Sherrerd
&
Butcher
was
i
1372—were awarded to the
p.
V'
•Certificate
000
•
sale
for
offered
indebtedness
Sept.
TENNESSEE
$6,000,-
Sale—The
highway certificates of
state
on
164, p. 1372—were
syndicate composed
National City Bank,
of
17—v.
awarded to. a
the
of
New
First National Bank,
York,
of America Na¬
tional Trust & Savings Associa¬
of Chicago, Bank
tion, of San Francisco, Glore, Forgan & Co., of New York, Harris,
Hall & Co., ,A. G. Becker &-■ Co.,
both of Chicago, Chas. E. Weigold
Co., of New York, Cruttenden
&
&;Co., of Chicago, Citizens and
Southern National Bank, of
South
Carolina, of Columbia, and Robert
Winthrop & Co., of New York, as
l%s, at a price of 100.97, a basis
of about 1.335%. Dated Sept. 15,
$1,000.
Denom.
1946.
Due
Sept. 15, from 1948 to 1955
on
inclu¬
school
$150,000
awarded
on
Sold
000
:.
in
$57,000 in 1951,
$60,000 in
1950,
in
$59,000
1952,
1953, $32,000 in 1954, $64,000
'
'
'
•
in 1955, $65,000 in 1956, $66,000 in 1957, $68,000 in 1958,
$71,000 in
1960, $74,000 in 1961, $75,000
■in 1962, $77,000 in 1963, $79,000 in 1964, $81,000 in 1965,
'$84,000 in 1966, $85,000 in
r
1967, $87,000 in 1968, $90,000
in 1969, $92,000 in 1970, $94,000 in 1971, $93,000 in 1972,
$99,000 in. 1973, $102,000 in
1974, $104,000 in 1975, $107,000
in
1976,
$109,000
in
1977,
>
$112,000 in 1978, $114,000 in
1979, $118,000 in 1980, $120,000 in 1981, $124,000 in 1982,
$127,000 in 1983, $130,000 in
1984, $132,000 in 1985, and
in
$70,000
1959,
-
•
'
•
'
.
•
-
•
;.;/•
$138,000 in 1986.
1,500,000
214%
;
electric
■ -
power
revenue
refunding and improvement bonds.
Due July
1, 1986.
///v v,/ ///.
Dated
July I, 1946.
Denonfi.
$1,000. Principal and interest pay¬
able at the
Manufacturer's Trust
certain
on
TEXAS
000 in 1950, and $17,000 in 1951.
Principal and interest. (J-J) pay¬
able at the Corpus Christi Na¬
tional
Bank.
McCormick, $. C.
Bond
Offering
*
•
The
—
^
Town
Clerk will receive sealed bids un¬
til Sept. 30, for the purchase of
$25,000
bonds.
V
water
works
revenue
■'
'■ /' t'' /; :
-"'/ /•
SOUTH
Milbank, S. Dak.
'
^
<
Bond
Sale—The $12,000 airport
bonds offered for sale on
Sept. 3
-—v.
164,
p.
1259—were awarded
to the Dakota State
Bank, and the
First National Bank of Aberdeen,
both
of Milbank, jointly, as
l%s,
at par. Dated Sept.
16, 1946. Due
on Sept.
16 in 1947 to 1956. In¬
terest
payable M-S.
Runner-up
.Piper, Jaffray & Hopwood,
offering 100.225 for l%s. //
.
was
Bond
Rapid City, S. D.
Sale—The $125,000
Galveston, Texas
'•//
'Bond
ries
E,
sale
on
$1,000,000 se¬
School bonds offered for
mu¬
offered
for
sale
on
Sept.
16—v.
nomination
These
$1,000.
bonds
are
due on Nov. 1, as follows:
$4,000 in 1949 to 1970, and $2,000
in 1971.
Bidders to
of interest.
by
purchaser
name
Vermont
shall
legal opinion without
District,
other
ing,
costs
incident
and
engraving
own
expense
shall
and
pay
sale
the
all
of /said
bonds.
Clifton
is
-
Va.
now
stated
that
Scott, Horner & Mason of
Lynchburg, and the Peoples Na¬
tional
Bank
of the
all
bidder
is
required to furnish, at his own ex¬
pense, the approving opinion of
Chapman & Cutler of Chicago,
shall
bids
all
and
be
tioned.
A certified
principal
the
>,
condi¬
so
check for 2%
of
amount
the
bonds, payable to the City Treas*
urer,
is required.
t
Racine, Wis.
"
;
,
/
-
Bond Sale—The following bonds
totaling $1,500,000, offered for sale
on Sept. 5—v, 164, p. 1132—were
awarded to a syndicate composed
,/
the
of
Forge,
Purchasers—It
for
same
multiples
1%, and
of
successful
The
bonds.
to
advertis¬
to
be
must
cer¬
The
bank.
furnish his
one-tenth
or
of
the rate
The bonds will be
a
Va
„
National
First
Bank
of
Stuart & Co.;
Wisconsin Co. of Milwaukee, and
A. G. Becker & Co. of Chicago, as
Halsey,
lV2s, at a price of 100.0833, a basis
1.495 %:
of about
;,
><
/
^
<-
Charlottesville,
of
$800,000 street improvem't bonds.
were associated with C. F. Cassell
Due on Aug.
1, in 1952 to/
& Co., of Charlottesville, in the ;:
1956.
purchase on Aug. 28 of the $220,700,000 sewer bonds. Due Aug. 1,
New York.
000 water bonds at
039,
a
price of 100.-
net interest cost of about
a
fgv.: 1952 to 1966.
1.685%,
as
reported in detail
of Sept. 2—v. 164,
—
Denom.$1,000.
Due
1946,
on
Oct.
Dated
10,
Gibson & Boothman of Aus¬
tin.
eastern
Purchased—The $360,000
section
flood
wall
reve¬
refunding bonds offered for
sale on Sept. 25, were purchased
nue
.
as Is, at a price of
of about 0.998%,
100.012:
a
Dated
Sept. 1, 1946. Denom. $1,000. These
bonds are due Sept. 1, as follows:: /
$47,000 in
The- /
next highest bidder was the Mil- ;/
waukee Co.j foi: 1.10s, at a price of /
$30,000
in
1951,
and
Interest payable M-S.
1952.
Walter, Woody & Heimerdinger, jFox, Reusch & Co., Pohl 100.20.
"'j,
& Co., And Seasongood & Mayer,
all
of Cincinnati, jointly,
at a
by
Melvi, Texas
Sept. 5—v. 164, p. 1003—
a syndicate com¬
basis
a
Va.
Huntington, W.
//■:
Bonds
waukee,
VIRGINIA
W EST
in 1947 to
Oct. 10
1961, incl. Prin. and int. (A-O)
payable at the State Treasurer's
office. Legality approved by Gib¬
awarded to
were
Oct. 5 for the pur¬
on
chase of $90,000 refunding coupon
bonds. Dated Nov. 1, 1946.
De¬
Rate of interest to be in
of
]
May and Nov. 1, 1970,
on
Dated Aug. 1, 1946. Denomina¬
in tion $1,000. The next highest bid- v
our
issue
p. der was Paine, Webber, Jackson
1260. Legality to be approved by & Curtis; Braun, Bosworth & Co.,
valid and binding obligations of Reed, Boyt & Washburn of New Inc., and Channer Securities Co.,
York,
Chicago, jointly, for iy2s, at a
the City.
Delivery of the bonds
j
' -y
price of 100.08.
v
; '
will be made to the purchaser at
WASHINGTON
the
Union
National
Bank,
in
//;v: V;
Wauwatosa, Wis. //•
Houston,
within
a
reasonable
Grant
Bond Sale—The $120,000 water
County Public Utility Dist,
1 No. 2
length of time after the award of
(P. O. Ephrata), Wash.
works bonds offered for sale on
the bonds. It is anticipated that
i Bonds Offered to Public—An Sept. 16—v. 164, p. 1260—weredelivery will be made not later issue of $300,000 2Va% electric
awarded to the Wisconsin Co., of
than Nov. 19, 1946. Enclose a cer¬ revenue'bonds is
being offered by
Milwaukee, and the First National /
tified check for $130,200, payable Allen & Co. of New York, Robert
Bank, of Wauwatosa, jointly, las
to Otis Massey, Mayor.
Hawkins & Co. of Boston, and
iy2s, as a price of 100.30, a basis,
Irving J. Rice & Co. of St. Paul, of about 1.43%. These bonds arfr
Karnes County Road-;:Dist,':.-Nd^-':-4
for general investment.
Denom. due
(P. O. Karnes City), Texas
$6,000 from March 15, 1947 to$1,000. Dated: April 1, 1946. Due 1966. Interest
payable M-S. * ;
Bonds Sold—An issue of $88,000
on April
1 iij 1949 to 1976; call¬
1%% road bonds is said to have
able on and lafter April 1, 1952, > Whitefish Bay School District >/
been
purchased recently by a
on
certain terms. Prin. and int.
No. 1 (P. O. 1200 East Fairmont
syndicate composed of Rauscher,
f
(A-O) payable at the Central Na¬
Avenue, Milwaukee), Wis.
Pierce & Co. of San Antonio, R. J.
tional Bank' &
Trust Co., Des
Bond Sale
The $77,000 series
Edwards, Inc., of Oklahoma City, Moines.
Legality approved by of
1946, refunding bonds offered
and
Crummer &
Co., Inc., of
Houghton, Cluck & Coughlin of for sale on
Aug. 28, were award¬
Texas, of San Antonio, at a price Seattle.
ed to the Wisconsin Co., of Mil-/
of 100.176, a basis of about 1.725%.
son,
Sale—The
;
■lit
£
***
*' *•
/
V*
'*■
-V*®
''
Bonds Sold — The following
bonds aggregating
/ WYOMING
$65,000 were
purchased recently by Rauscher, price of par, as follows: $136,000 Laramie County (P. O. Cheyenne)p.
Pierce & Co. of San Antonio:;
I as 2V2s: and $224,000 as \ 2%s.
Wyoming
These bonds are due Oct. 1, 1947
$10,000 3% water works system
Bonds Sold—It is stated that an /'
to 1976.1
bonds. Due $2,000 on Aug; 15
issue of $315,000 hospital bond^
;; in 1947 to ,1951, inclusive.
West Virginia (State of)
was offered for
sale on Sept, 24/ J
55,000; 3Vi% water Works sysand was
awarded to the Stock
Bond \ Sale
— The $2,000,000
•/. tern bonds. Due on Aug. 15 in
coupon or registered road bonds Growers National Bank of CheyH^;
v 1952 to 1967; bonds maturing
offered for sale on Sept.
11— enne, as 1.40s, at a price of 100.126/;'
in
1959
to
1967/ becoming v.
164/ p. -1372 — were awarded a basis of about 1.375%. Dated /
callable on Aug. 15, 1958.
to a syndicate composed of Halsey, Oct. 1, 1946.- Denomination $1,000. /
in 1957 to 1959,' $60,000 in 1960
Denomination" $1,000. D a fed Stuart & Co., Phelps, Fenn & Co., Due on Oct. 1 in 1947 to 1956, in¬
to 1964, $65,000 in 1965 to 1967, Aug. 15, 1946. Principal and in¬ Blair
Principal' and interest &
Co.,
Inc.,
Geo.
B. clusive.
and $40,000 in; 1968, as 1.70s. In¬
terest (F-A) payable at the First Gibbons
&
Co., / Inc.,
all
of (A-O) ? payable at the County
terest payable M-N,* Dated Nov.
National Bank, Melvin. Legality New
York,
Cruttenden & Co. Treasurer's office. Legality ap¬
1, 1946,
:
approved by Gibson & Gibson of of
Chicago;
and
Thomas
& proved by Myles P. Tallmadge of
of Phelps, Fenn/& Co.,
Glore, Forgan & Co., both of New
York, Ranson-Davidson Co., and
Chas. B." White & Co., of Houston,
at a price of par, a net interest
cost of about 1.72%, as follows:
For $60,000 maturing $20,000 Nov.
1, 1947 to 1949, as 4s, and $940,000
maturing Nov. % $20,000 in 1950,
$25,000 in 1951, $30,000 in 1952,
$35,000 in 1953, $40,000 in 1954
and 1955, $50,000 in 1956, $55,000
;
posed
■
■'
1
,
.
Austin/4
Houston, Texas
Bond
Offering—Roy B. Oakes,
City '.Comptroller,
will
receive
sealed bids until 10 a." ml on Sept.
30, for the purchase of the fol¬
lowing
coupon bonds amounting
$6,510,000, to bear not exceed¬
ing 3% interest:
! ■/; v .:
to
$1,140,000
airport I bonds.
Due
x$38,000 Nov. 1, 1947 to 1976.
240,000 permanent paving street
improvement bonds. Due $8,000 Nov. 1, 1947 to 1976.1.
'
120,000 bridge bonds- Due $4,-
:
1, 1947 to 1976.
30,000 grade
separation bonds.
Due $1,000 Nov.
1, 1947 to
1976.
'210,000
incinerator
$7,000 Nov. 1,
garbage
'
bonds.
Due
1947 to
1976.
•
'
•
:
1, 1946. /These bonds
from date.
Dumas
are
due in
optional in 10 years
Legality approved by
& Huguenin,
Stamford,
\
of Dallas.
County-Line Indep.
Sch. Dist. (P. O. Stamford),
Pittsburgh, at a price
of
of
net
1.455%,
Denver,
'
:
■:/;.-,///y7/
.
100.017, 'a
remaining
•
$800,000
as
iy2s, due
1971,
$80,000 from June 1, 1962 to
all inclusive. Interest
payable J-D.
Runner-up in the bidding was an
offer submitted by the Northern
Co.
Trust
of
Chicago,
and asso¬
/
Texas
ciates, of 100.537 for iy2s, figuring
to a basis of about 1.458%. Third
Sold—The
following
aggregating $100,000, have
been purchased by R. A. Under¬
high was the First Boston Corp.,
and associates, bidding 100.337 for
all 1%% bonds.
; • '/, . ~
.;
/•*"
Bonds
bonds
wood & Co. of Dallas:
Due
/
on
April
1
WISCONSIN
1947
to
1961; optional Oct. 1, 1956.
40,000 2V2% improvement bonds.
Due
$2,000 Nov. 1, 1947 to 1976.
540,000 storm sewer bonds. Due
$18,000 No. 1, 1947 to 1976.
'
April
optional
Denom. $1,000.
1965;
;
:
•
r"
on
1 in 1962 to
Oct. 1, 1956.
Dated Aug. 1,
1946. Prin. and int. (A-O)
payable at the Mercantile National Bank, Dallas.
a
Eau Claire,
Wis. '
Bond Offering—Sealed bids will
be received until 10 a.m. on Oct
•
exceeding 2interest
$625,000:
and totaling
Due Sept.
$35,000 in 1949>
$36,000 in 1961
T to 1965; optional on Sept. 1*
•I///1956:
://.•;■/,;//:
25,000 sewer bonds.
Due $2,500
Sept. 1, 1948 to 1957; optional
$600,000 water bonds.
1/ as follows:
/• yto 19X), and
,
?
■
;
.?
in
bear not
"
/
•
,
$60,000 2Ya% improvement bonds.
Due
450,000 permament paving bonds.
Indep. Sch. Dist., Texas
1 to 25 years,
'
1,260,000 sanitary sewage dispo:.
,sal bonds. Due $42,000 Nov.
1, 1947 to 1976.
L
/
Co.
:
interest cost oi f/ Rawlins, Wyo. '//-•• p;/;/
about
on
the5 bonds
Bond
Offering — Mary Ellen
-Bonds Purchased—An issue of
divided as follows: $240,000 as 4s,
Sullins, City Clerk, will receiver
$75,000
series
of ,1946, 'school due
$80,000 on June 1 in 1947 to sealed bids until 3:30 p.m. on Oct..
house bonds was purchased re¬
1949; $960,000 as IV4S, due $80,7, for the purchase of the follow¬
cently,-by Crummer & - Co., of
000 from June 1/1950 to 1961; the
ing general'/ obligation bonds, to
Dallas, as 2s, and 2%s. Dated Aug.
Pleasanton
•000 Nov.
j-60,000 traffic signal bonds.
nicipal equipment purchase bonds
$16,000 in 1967 to
approving opinion of Reed,
Hoyt & Washburn, of New York,
will be furnished. The bonds are
by Gibson & Gibson of Austin/
;
DAKOTA
and
bids
$16,000
.Chicago;
1976.
approved
Legality
until 9 a.In.
sealed
VIRGINIA
500,000 sanitary sewage disposal
system bonds. Due Nov. 1, as
follows:
$17,000 in 1947 to
1966,
I, Vt.
White,
1,
The
$1,000. Dated July 20, 1946. Due
on Jan. 20; $10,000 in 1947, $11,000 in 1948, $12,000 in 1949, $15,-
.•
Nov.
$5,000
.
1
mittee, will receive
1956.
to
Chase National Bank,
Co., New York. Legality approved
by Wood, Hoffman, King & Daw¬
son, of New York.
-
Due
1947
Dated Nov. 1, 1946. Denom. $1,terms 000. Rate of interest to be in a
and after March 1, 1947. Inter¬ multiple of Va of 1%.
Principal
and interest (M-N) payable at the
payable M-S.
optional
1962;
*
1947,
bonds.
price of 100.081, according to the
Town
Recorder. Dated Sept. 1;
1946. Due on Sept. 1 in 1948 to
.
in
$17,000 Nov. 1, 1947 to 1976.
street ; improvement
and associates, at a
.
$49,000
Due
No.
1, 1966; $15,000 on May
1 in 1967 to 1969, and
Nov.
and
District
Bond Offering —H. C.
Chairman of the Prudential Com¬
the
150,000
system revenue refunding and
improvement bonds offered for
sale on Sept. 9—v. 164, p. 1259—
were awarded to Davidson & Co.
Fire
tified
1947 to 1976.
trie
Carthage Independent Sch. Dist.
$5,000,000 were
;.
(P. O. Carthage), Tex(
purchased recently by a syndicate
Bond Sale—The $96,000 school
composed of Stranahan, Harris &
bonds offered for sale on Sept. 17,
Co., Inc., of Toledo, R. S. Dickson
were
awarded to James Stayart
&
Co., of Charlotte, Robinson& Davis, of Dallas, as l%s, at a
Humphrey Co., of Atlanta, John
Nuveeri & Co., of Chicago, John¬ price of 100.107, a basis of about
1.73%.
Dated Oct. 1, 1946.
De¬
son, Lane, Space & Co., of Savan¬
nomination $1,060.
These bonds
nah, Ketcham & Nongard, of Chi¬
are due $8,000 from Oct. 1, 1947 to
cago, Robert Hawkins & Co., of
Boston, McAlister, Smith & Pate, 1958, and were favorably voted at
of Greenville, Leedy, Wheeler & the election held on Aug. 10,1946.
Interest payable A-O.
Co., of Orlando, Frost, Read &
Simms, of Charleston, J. H. HilsCorpus Christi, Texas V
man & Co., of Atlanta, and G. H.
Bonds Sold —An issue of $65,Crawford & Co., of Columbia:
000
iy2% airport extension re¬
$3,500,000 2V2%
electric power funding bonds was purchased re¬
revenue
refunding and im- cently by Rauscher, Pierce & Co.
provement bonds. Due July 1, of San Antonio.
Denomination
$52,000 in 1948 and 1949, $55,-
v
bonds.
Tenn.
bonds aggregating
as™ follows/
1,
Nov.
$17,000
sanitary sewage system
Due $15,000 Nov. 1,
450,000
Bond Sale —The $238,000 elec
of Knoxville,
recreation
and
510,000 storm sewer bonds.
following
The
—
were
Sept. 12 to the Fidel¬
Sevierville,
Due
bonds.
1947 to 1976.
Due on July 1, 1966.
1, 1946.
Greenwood), S. C, /Wj/
Bonds
/bonds
park
510,000
El¬
that
I
to 1976.
1947
ity Bankers Trust Co. of Knoxville, and associates.
Dated July
est
'//.•
O. Kingston),
Tenn.
C*
(P.
L. Eblen, County Judge,
mer
Greenwood County (P.\ G*/
i_
County
■"/
'//■ v/7 /
1 Bonds Sold—It is stated by
on
Interest payable M-S.
sive.
Roane
1947 to 1956,
and $3,000 in 1957 to 1976.
180,000 public health and welfare
bonds.
Due $6,000 Nov.
1,
$4,000 in
lows:
and Nov.
VERMONT
;
Castleton
f
;
.
of)
1, 1947 to
60,000 public library bonds. Due
$2,000 Nov. 1, 1947 to 1976.
100,000 garbage incinerator
bonds.
Due Nov. 1, as fol-
Hills, and the Rapid City National
Bank, both of Rapid City, jointly.
►
South Carolina (State
Nov."
1976.
1, 1946. Denomination
$1,000. These bonds are due $25,000 on Sept. 1, from 1947 to 1951.
SOUTH CAROLINA
Due $15,000
Bank of the Black
Dated Sept.
for 2s.
w«».
164,
First National
Sept. 1, 1956.
Dated
Sept.
1,
1946.: Denoms.
and" $500.
Principal
interest
(M-S)
payable at
$1,000
and
the-
Treasurer's ^ office.
Said
bonds / shall
constitute general
The ap¬
9, by O. E. Oien, City Clerk, for obligations of the City.
the purchase
of $150,000 water proving opinion of Pershing, Bos¬
worth, Dick & Dawson, of Denver,
works mortgage revenue bonds
City
4%, will be furnished the purchaser.
Dated April 1, 1945 Enclose a certified check for 5%r
follows: $14,000 on May of the amount bid.
Interest rate is not to exceed
payable M-N.
Due
as
;
_
/
£-
@FedFRASER