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1
MONDAY
SEP 7
134$
iflv. '-'M
tJ.' S. Pat. Office
Keg.
Volume
New York, N. Y.; Monday,
Number 4209
158
General
RAILROAD
PUBLIC UTILITY
-
INDUSTRIAL
-
operating
Prov,
for
ProV.
Issue
for
^
Net
Shs.
Govt,
Stock
Exchange
New York Curb
Exchange
-
.
■
1942
1941
1940
$686,267
$460,274
$319,424
35,683
38,836
41,501
28,716
f494,761
*383,922
174,743
97,166
365
525
590
690
$227,914
$262,984
$243,440
$192,851
Net
80,000
80,000
79,956
79,831
Other
$2.10
$2.52
$2.29
$1.54
.
_
for
year_-_"
stk.
com*,
sh.
per
■
outst.
oh
Alabama Natural Gas
1943
,
taxes—".
fees
earns,
of
Earns
New York
Opw.ating
*
stock
income
ciate
Federal
'
'
Assets—
hand
on
Dominion
Unlisted Securities
Dominion
Accounts
bad
of
taxes,
fAfter
refundable
v;
\
portion of excess
income
debts)
Prepaid
Life
(See Index
on
Abbott Laboratories—Extra Dividend of
An
Stock,
of
dividend
extra
of
cents
40
both:
share
Sept.
payable
cents
10
per
per
have
to
30
Gross
income
Interest
10' Cents—
Prov,
1942
$3,356,551
income
Federal
Net
Other
taxes
deductions
insurance
$446,356
173,872
with
Gross
"
uncollectible
and
indenture; $83,047; cash, $332,390;
accounts receivable less reserve
$66,851), $203,771; materials, supplies
merchandise,
ferred charges,
$38,743; prepaid taxes,
$58,258; total, $6,710,317.
Liabilities—Common
term
accounts
payable,
ry.
in
earned surplus,
763,996
'
1942
$2,626,788
1941
$2,479,594
38,985
J
*
70.528
81,713
1940
$1,795,658
104,767
on
$3,856,423
268,636
' 2,120,854
1
loans,
etc.*
1,790,307
$2,561,308
289,988
791,372
*620,129
'*247,803
568,132
235,833
t$846,803
income
Total
interest
$2,697,316
244,762
t$4l4,445
t$9ll,816
$780,240
-
$1,900,425
201,190
679,959
$2,731,843
—
of
$385,971
in
Deprec.,
Prov.
$2,579,613
and $357,938
1943
?
plant & equip.
for
Net
in
income
profit
taxes
/
-
♦Includes excess
1942
-
'
,1943
<
.
683,163
and $1.95
income--.
1
.
$762,709; total, $6,710,317—V. 158, p. 542.
1940
$195,740
109,865
58,920
to
04,857
35,094
plant and equipment (less reserve for depredation of $7,523,365), $19,413,242; non-current inventory (raw materials), $337,860;
prepayments and deferred charges, $236,929; total, $33,297,342.
V.
•
certificates),
,.'V;:
1,763,319
1,297,764
744,551
434,422
405,161
224,263
• •
«
j.
..
y
.
;•
,y
$5,837,675; advance
companies,
tories,
subsidiary
contracts,
investments,
payments
$881,768;
on
$86,916; advances
$1.085 673;
land,
buildings,
.
Liabilities—Bank loan
interest (first mortgage
(secured), $1,671,000;
$51,850; employees' subscriptions, for war savings certificates,
accrued wages and salaries, $374,628; accounts payable and
liabilities, $1,508,901; current liability re plant extension, $1,-
bonds),
$354;
accrued
Alabama Great Southern RR.—Earnings-—
long-
Gross
affiliated
to
1941
$274,159
88,995
• *
75,447
1
Sheet* April 30, 1943
$105,874; cash (employees' deposits for war savings
$354; bills and accounts receivable, $5,311,C52; inven¬
48,335
-138,426
:
July—
due
1941 per common
1942
$363,763
oper.
tEquivalent to $1.79 In 1943, $0.75 in
share.
profits taxes.
Assets—Cash,
627,368
.
$16,450;
in
$301,122
—
railway—--
railway--—I- •
r
344,034
Net
from
from
.
.
.
•
1943
-
1942
• •
Net
from
Net
ry.
—V.
;
$658 887
396,339
243,495
209,995
119,904
5,888,159
2,110,767
1,243,597
4,454,243
1,332,392
824,609
'
13,376,883
10,358,139
6,543,352
4,954,479
income—
1,531,629
1,169,887
railway
p.
r'"> r :';v.
452.
AND
gage
1940
.
$954,036
railway———
oper.
158,
4
unclaimed dividends, $143; unclaimed interest on first mort¬
bonds, $5,000; provision for income and ex-ess profits taxes,
deferred iability ,re plant extensirn
$2 939 313; reserve fcr
rebuilding and relining furnaces, etc., $3,550,240; reserve for contin¬
gencies, $94,056; funded debt, $2,114,000; 5%
cumulative redeemable
preference stock ($100 par), $2,079,500; common st—k <no n«r>. $10.-.
060,687;
;
947,253
$1,800,396
918,729 ;
ry. oper. income—265,555
From January 1—
,
\r
Gross, from
1941
.175,801
$1,976,806
railway——-
railway-—j—
Net
of
aid
874,900
266,456
1,902,157
accrued liabilities, $4,933; reserves, $984,046; con¬
construction, $28,747; capital surplus, $256,764;
miscellaneous
,"
,
604,651
$122,879; customers' deposits and accrued interest thereon,
$108,265; accrued taxes, other than income taxes, $55,615; Federal and
State Income taxes, $213,215; accrued interest on long-term debt, $24,-<
tributions
25,818
:
,
266,456
/835.700
—
Net-ry. Oper. income—'
—V. 158, pp. 452, 81.
'
companies,
394;
—
for depreciation
From January 1—"
insurance, etc., $31,078; de¬
(60,000 shares, no par), $1,331,300;
stock
$2,801,000;
debt,
25,818
__
from railway.:
*2,571,551
;Net from railway—1,100,900
funds deposited
mortgage
of
15,311
1943
$3,817,437
April 30—
profit
income
424,466
14,625
—
———
Gross
equipment, $5,662,510;
accounts
from
;
securities, $300,520;
Government
for
Other
preferred—
158, p. 251.
from
Net
$176,149
$274,800
—J———
first
under
trustee
U. S.
Algoma Steel Corp., Ltd.—EarningsYears End.
60,077
Akron Canton & Youngstown Ry.—Earnings—
Sheet, June 30, 1943
plant and
Assets—Property,
for depreciation, $155,043; contributions in aid of construction,
capital surplus, $416,631; earned surplus (deficit), $137,779;
$907,110.—V. 157, p. 2442.
Operating
—
—.—.1
Net
.
78,909
_
convertible
reserve
July—
Balance
$232,626
445,619
t—;
accounts
Balance
$350,021
171,556
—
deductions-—
income
$2,579,613
—
1943
$6,296;
total,
(less
taxes
surplus
1942.—V.
fir <L135
1
Net
other
23,914
$20,384
customers'
$354,156
Dr2,349
other
-
reserve—
♦Less
4,300
165,000
$448,705
income
and
15,000
$2,731,843
revenue-—
declared, payable July 2
Total
2,730,547
6,700
income
Gross
&
.
reserve
346,230
15,000
$300,720
pfts.
24,169
$30,104
—
—
$1; long-term debt,
payable,
$3,001;
due ..to
affiliated
companies,
deposits and accrued interest thereon, $18,671;
accrued taxes, other than income taxes, $8,620; accrued Federal and
State
income taxes,
$23,621; miscellaneous accrued liabilities, $809;
19,036
account)
on
$44,298
Liabilities—Capital stock (1,000 shares, no par),
$22,197;
14,031
9,690
producing
—
income
$390,000;
92,959
__™
324,789
exc..
cumulative
Earned
76,500
—-***
■
earnings
Interest
13,867
profits taxes--—
and expenses——^—
Inc.,
3,644
$54,273
—
$3,254,003
2,824,646
expenses —
taxes_„v.j„___—
Income
Stat®
deposits—__
———1
Common stock,-(no par)—
;—;
—
22,567
insurance
excess
and
lease
wages
for
payments
Fire
12 Months Ended June 30—
revenue
fire
of
payable
Dividend
«
1943
11,570
revenue
—______—:——
Accrued
7 %
Operating
Operating
under
Accounts
of record Sept. 13.
Like
and June 26, last.
Extras of 10
March 31, June 30 and Dec. 24*
.
361,397
1,483,972
3,135
Liabilities—
share and the usual quarterly
been declared on the common
t
and
———
Total
Alabama Gas Co.—Earnings—
;
259,529
1,313,824
1,848
incl.-employee sharehol.
and accrued
*—:
.*
plant and equipment, $734,884; cash, $66,403;
U. S. Government securities, $65,700; accounts receivable (less reserve
for uncollectible accounts of $14,174), $22,641; materials, supplies and
merchandise, $12,060; prepaid taxes, insurance, etc., $4,839; deferred
charges, miscellaneous, $584; total, $907,110.
bonds,
_
loans
$40,654
fir2,829
—
Assets—Property,
receivable
Refundable portion
♦Fixed assets
holders
^mounts were paid on March 31
.4-eEj.R* cash were also disbursed on
1942.—V. 158, p. 634.
' '
75.000
—
-
insurance
Sundry
Last Page)
Patents
dividend
1942
$239,245
"
•;/
...
inventories
expenses
600
17,900
$57,102
————
—
Balance Sheet, June 30,
1943
bonds—300,087
held for employees
16,700
(less reserve for
*
Canada
bills
;
.
banks
Advances to employees,
-
750
5,650
taxes
*
,
$371,979
.
.
in
of Canada
Merchandise
Miscellaneous
'
and
and
1942
$381,042
321,888
taxes
income
earnings
Net
Cash
1943
$395,985
332,484
*«,
expenses
Comparative Consolidated Balance Sheet, May 31
.
Corp.—Earnings—
12 Months Ended June 30—
Operating1 revenue
com.
♦Includes excess profits
profits taxes, $92,959.
y;
Markets
Listed
Oiit-of-Town
Copy
a
MISCELLANEOUS
-
$758,723
■
profit—_
depreciation-
Directors'
QUOTATIONS
INSURANCE
-
Agnew-Surpass Shoe Stores, Ltd. (& Subs.)—Earnings
Years End. May 31—•
Net
This
60 Cents
Corporation and Investment News
4
In
Price
September 6, 1943
>
$539,304;
274 500;
total,
distributable
surplus,
$33,297,342.—V. 156, p.
(Continued
v
,
$2,799,364;
1202.
surplus, $4,234,503;
earned
,
942)
on page
DEPARTMENT
CITY
BOND PROPOSALS AND NEGOTIATIONS
18,000
ALASKA
Anchorage, Alaska
Bonds
Voted—It is stated
Thomas E. Downs,
tem
by
10,000
electric
garbage
revenue
City Clerk, that
Aug. 17, the
at the election held on
voters
approved the
said
the
Planned
Issues
the
that
city plans to
It
is
issue
as
of
S.
Cali¬
Gov¬
$108,000,000,
Director
in
follows:
bonds.
bonds.
sewer
bonds.
system
*
and
from
terest and
the
11
until
terest rate is not to exceed
TotaR
John
F.
round
From
figures,
Treasury
lines
water distribution
90,000 fire station and city hall
'
Purchases,
were
received
a.
m.
Directors, for the purchase of
$6,000,000 issue of electric rev¬
enue,
Eighth Issue bonds.
In¬
fund, $14,000,000; from post-war
employment
reserve,
$5,000,000
revenue
80,000
State
fornia's investment in U.
Finance
be
(P. W.T.), on Sept. 17, by Evan
T. Hewes, President of the Board
a
California (State of)
Bond Investments
$108,000,000—The
will
of
generaT fund surplus, $63,000,000;
from
war
catastrophe
reserve,
$24,000,000;
from
1943
sinking
program:
.
bonds.
bonds aggregating
connection with a
construction
planning
in
post-war
-
plant
Hassler reported Aug. 26.
—
following
$338,000,
$140,000
War
State
Jonesboro, Ark.
Bond
disposal
ernment bonds totals
ARKANSAS
sys¬
bonds.
CALIFORNIA
issuance of
$1,200,000 Light and Power
Company purchase bonds by a
substantial margin.
the
distribution
revenue
civil
war
bond
in¬
sinking fund, $2,000,000.
Imperial Irrigation District (P. O.
El Centra), Calif.
revenue
Bond Offering — Sealed bids
3Vz%,
payable J-J. Denomination $1,000.
Dated
1,, 1954,
thereof
date
of
af the principal amount
and
accrued
interest
to
plus a pre¬
mium of 3%
of such principal
amount if redeemed on and after
Jan.
1959;
redemption,
1, 1954, and prior to Jan. 1,
2%
of
such
principal
amount if redeemed,
on
and after
Oct.
1, 1943. Due on July Jan. 1, 1959, and prior to Jan. 1,
1
as
follows:. $60,000
in 1945, 1964; and 1% of such principal
$125,000 in 1946 and 1947, $140,- amount if redeemed on and after
000-in 1948 to 1950, $160,000.in Jan. 1, 1964, and prior to Jan. 1,
1951-to 1953, $180,000 in 1954 to 1969, and callable as a whole, or
1956, $200,000 in 1957 to 1959, in part, by lot at the option of the
$220,000 in 1960 to 1962, $240,000 District on any interest payment
in 1963 to 1965, $260,000 in 1966 date from and after Jan. 1, 1969,
to 1968, $280,000 in 1969 and 1970, the principal amount thereof and
$300,000 in 1971, and $315,000 in accrued interest to the date of
1972* and
on
1973.
Bonds
maturing
as
a
inverse order of
lot. within
1954, are call¬
Bidders must specify the rate
in part, in of interest which the bonds are to
maturities (of by bear and will be
permitted to bid
whole,
or
maturities)
tion of the District
payment date
on
on
at the op¬
any
interest
and after Jan.
different rates of interest, but
interest
multinle
rate
of
able
at
the
the
stated
must be in a
V&
one-tenth
Or
of
office
of the District
Treasurer.
Said
bonds
are
payable
both
principal and interest, exclusively
from the revenues of the Electric
System of the District on a parity
with the
398,000
Sixth
present outstanding $1,-
amount of the
principal
Issue
of
Electric
bonds of the District and
Revenue
$995,000
principal amount of the Seventh
Issue of Electric Revenue bonds
of the District.
'
The Electric
trict
ture
the
Systen\ of the Dis¬
includes all present and fu¬
facilities of the District for
generation, transmission
distribution
redemption.
and after July 1,
able
Principal and interest pay¬
1%.
(except
of
rural
electric
and
energy
transmission
and
financed
in
whole
or
in
part
by
the
Rural Electrification Administra¬
tion and customers' service condistribution
lines
continued on page 992)
Sept.
payable
both
(Continued from first page)
Allied New Hampshire
stockholders of ..record,; Sept. >15.., An. extra
paid on Dec. 30, 1942 —V. 158, p., 735.
,
to
30
cents per share was
of 50
Monday, September 6, 1943
FINANCIAL CHRONICLE
THE COMMERCIAL &
942
Alabama Power Co.—Earnings—
Period End. July
Gross
$27,957,853
905,929
8,668,877
10,565,758
265,600
250,000
630,790
305,562
3,109,200
2,800,622
2,942,300
2.868,322
\ Interest
taxes—
1,326,126
2,974,650
1,010,711
171,821
Interest
taxes.
depreciation—.
for
Prov.
842,807
■
—
General
taxes
Federal
income
Fed.
$767,831
$893,869
410,310
682,083
$211,785
$4,871,433
$3,346,480
189,082
189,082
2,268,986
2,299,608
Net -income
Divs'l
stock—
pfd.
on
Balance
;
—V.
!
$168,439
*—
...
-----
and
transfer
fees & expense
16,141
int. paying
sel &
Inc.—Preferred Stock Offered
6,689
engage in air
enabling aircraft in
to
device
a
69,'779
101,478
expenses
was organized March 5, 1937. in
transportation and develop and exploit
flight to pick up and deliver mail and
.:
2,996
181,738
•
.
.
:
,
A
!
Departments,
Total
with
contracts
and
War
the
The. company
ings
Under the latter offering
amount
will
offered
at
$1,000,000
,
of the .20,498 shares of
preferred stock pursuant to the underwriting agreement will satisfy
the requirements of this provision and permit the company to liquidate
in its discretion all or part of the aforementioned $300,000 indebted¬
underwriter
the
Securities
Capital
the
of
Company
stock
"The
$1)———
(par
tabulation
above
of
class
and
100
shares
of
of
as
class
B
Feb.
for
sold
pursuant
to
this offering at
stock.
.
net price to
a
.
the company
of
share.
per
Condensed Income Statement
Aug. 12, '40
to
commercial
operations
operations.
Profit
Inc.
;
a
from
a—
military/contract
pt
profit
from
wholly
would
mfg.
$325,840
.
309,828
Dr$18,567
11,712
Dr$18,567
$27,723
1,535
7,960
$8,639
Dr$17,032
$35,683
764
1,146
(net)
.
income
Other
—
~
_
of
or
on
inconfe
Total
$9,061
$36,829
6,140
are
carried
on
-V.
157,
p.
for
$6,128
1,108,650
4,522,597
91,484,181
sales
per
share
and
Sept.
the usual
1
declared
quarterly
an
extra
dividend of
•
;129,988
i;
operations
the
of
subsidiaries have been
official rates of ex¬
foreign
statements
134,879
the
at
not include the results of operation of
and
report
share
the quarter
in
income
all
after
Sub.)—Earnings
(&
Corp.
1943
<
stock, class A—
{%•!,%;/! !-•
Ovi.■''{</;
-
1942
$497,708
$0.41
charges..—
share of common
per
%
ended March 31, 1943,—V> 157, p. 2209.
Business Credit
'
$645,327
$0.53
;•
,'
:
/ $2.48 'iw
vv
American Coal Co. of. Allegany County—50-Cent Div.
dividend
stock,
of
$25,
par
butions of $1
in
1942
Dec.
were
21,
cents
50
share
per
payable Oct.
each
157,
p.
April
20
2006.
of
1 and June 25, last.
May
on
declared on the capital
record Sept. 10.
Distri¬
Payments
Oct.-15, 50 cents each; and
has''been
to holders
1
made,
follows:
as
$1.—V.
were
and
%
,
■
' '
1943.
June 30,
purchase
1943
:
The
reports net asset value of capital stock, June 30, 1943^
share, comparing with $12.87 March 31, 1943, and $9.61
company
$13.20
was
June 30,
a
i j
1942.—V. 157, p. 2341.
American
Hide
Leather
&
of
& Leather Co.,
leather— $11,830,445
;
Inc.)
1941
1940
$8,742,116
7,464,175
$6,312,95.5
5,384,859
1942 !'
1943
sales
of
Co.—Earnings—
Hide
(Including American
Years End. June 30—
Net sales
$11,048,373
10,123,083
9,012,919
$1,707,362
$2,035,453
$1,277,941
$928,096
531.984
646,748
517,690
417,253
a„
' $1,175,378
$1,388,705
$760,251
$510,843
6,691
4,489
32,312
-23,215
36,948
35,868
tax.
25,880
469,903
529,711
187,693
82,643
profit before ex¬
traordinary credit..
$686,286
$840,269
$567,923
*'
•
1941
1942
,
Corp.—Asset Value— "
American Foreign Investing
money
$10,319,269 $10,601,454
——a_—
1940
Selling,
$'8,794,050
7,317,702 ! 7,262,078
$9,453,964
8,625,447.
7,744,381
.Cost of goods sold
Gen.,, admin. & selling
admin,
&
gen.
.
!
918,294
990,543
profit from opers'.
Other inc. deducts., net
$1,656,595
187,663
——„!
"845,000
.
■
Profit
845,716
897,117
$985,464
expenses
expenses"
■'*'
taxes
$1,239,144
128,139
193,812
t321,310'375,000
before
other
242,744
charges
income Cr„„
charges J
Prov.
.'
of finished leather in-
;
ventory
Fed.
inc.
2,892
INet
!'•!
250,000
■
..
for
.110,000
for replacement
Reserve
'
&
inc.
Other
! $686,256
.
•
!!%-•—!—L~-;
Other
Net
Net
profit a—:—
Dividends
—a—
per
"Includes
refund
of
tAfter
provision
for
Extraordinary
$395,224
V "91,799
"214,794
loss
depreciation
Balance
\
,
included
in
•
.
trade acceptances receivable-
705,109
,
Government
Miscellaneous
life
of
value
insurance—'— '
securities—
Goodwill,
plant and equipment—a—
trademarks and formulae——
charges
tProperty,
1,529,500
a
49,523
139,375
. 618,882
•
-• 1
; 13,887
receivable
accounts
—!
r
!—
685,099
•
1
13,456
'
—
Drafts
dise
against
released
under
transfer
Accrued
for
receipts)
—
dividend
30
cents
of
80
per
cents
share,
shs.
No.
income
^
(par
estimated—
$5)_
;
:
replacement of finished leather in-
ventory
Earned
stock
$493,389 ?' $388,254
507,873
40,000
306,205
450,000
1,326,860
2,143,042
;
taxes,
;
.
'
surplus
"After
1943
838
and
in
allowance
$54,829 in
1943
and
for
doubtful
1942.
accounts
and
638,052
1,326,860
2,143,042
•'
'
250,000
Dr201,755
1,610,388
'.
•
.
v
.
—
;
$6,299,977 .$6,597,315
1942.—V.
157,
p.
686.
in
of $125,'
of. $49,286
discounts
.
•
$1,926,697
$1,663,190
$1,352,246
227,445
243,555
256,905
256,980
cum.
,
..J:!..
stlc.
com.
standing
Earns,
per
stock
■
105,063
'
($1
sh.
:
a?'1
I
$1,683,141
$1,301,222
$1,095,267
584,950
584,950
586,700
586,700
$0.78
t$1.02
$0.55
$0.08
out¬
par)—*
on
-'l'
$2,141,982
—
com.
——
tCalculated on the net
profit of $840,269, the provision for obsolescence and possible loss on
disposal of idle properties being considered as a charge to surolus*.
tAfter depreciation of $127,580 in 1943, $121,525 in 1942, $117,447 in
"Resulting from disposals of idle properties.
in
$115,491
1940.
Sheet, June 30,
Consolidated Balance
in banks and
on
1943
hand, $803,644; drafts receivable (for¬
accounts receivable (customers), $832,470;
reserves for doubtful accounts and for discounts, Dr$36,500; inventories
of
hides, skins, finished and in process leather, and supplies, $1,393,522; U. S. Treasury certificates of indebtedness, $1,750,000; miscel¬
laneous investments, $12,932; fixed assets, $2,904,781; deferred charges,
eign
customers),
$10,212;
$87,537; total, $7,758,598.
Liabilities—Accounts
crued
,
Drll6,750
1,551,831
.
tAfter allowance for depreciation
$1,884,717 in
30
Assets—Cash
40,000
;
State
stock
Common
''
merchan-
insurance
accounts
and
(for
!
risk
war
'
credit
of
payable
for
Reserve
'
'•
'
■
letters
surplus
$23,134'
Dr$22,407
June
$6,597,315
$6,299,977
..
6%
pref. stock——
Consol. earned surplus.
1941,
Total
$303,425
1,048,821
surplus,
Write-down of idle prop.
2,982,366
353,290
421,900
$567,923
1,095,267
$2,369,427
919,567
,.
2,132,857
380,328
inventories.
$625,475
1,301,222
for the year
paid on
conv..
-
1943
v' 1942 -M.'
$780,039
$1,172,113
.
accounts,
in
" '
$84,374
in 1940. V/'
Sheet, June 30
Assets—.
Cash
surrender
$686,286
1,683,141
Net prof,
Consol ^earned
Divs.
expenses:
1942; $132,134 in 1941, and $109,806
$100,220 in
$333,512
174,492
$1.26
;
provision for prior year.
deducting $53,690 over
for
$670,333
.259,741
$2.62
*
profits tax of $570,000,- less post-war
'* "% ..\-
excess
$57,000.
Note—Provision
1943;
$536,015
251,373
-^$2.21
$373,932
229,674
$1.66 '
paid—
share
Earnings
Reserve
Agricultural Chemical Co.—Extra Div.—
on
"$489,471
194,982
129,988
consolidated
"Xi'i!:
'124,300,608
,
directors
134,870
194,982 %
31,484,'181
72)ii4;695
Total
The
134,870
I,
Earnings per share of common stock, class B—
2141.
American
.J.
100,000
"$598,397
134,870
'
.Net
Paid-in
250
_
period.
$385,307
$448,324
subsidiary
1943,
Earnings
books of corporation: and its
Allied Kid Co.—Annual Report—
Treasury
income
Net
<-
100,000
Years Ended June 30—
Net
66,753,900
ZIZ—
•Years Ended June 30—
5,445
tax.—
tax_
income
State
income
1^08,650
1,495,289'
Crll2,000
Cr90,000
.a—
,
of
the
company
30,
Cost
8,000
expense
normal
£>r$16,267
2,934
__
Interest
38,650
4,522,597
8,425
1,420,086
1,300,000
1,070,000
The above figures do
.
Federal
Federal
1,412
140,867
66,753,900
'•*" "Ti
in
American
$16,012
oper.—
period
for
138,456
excess
period
results
common
801,339
tPledged as collateral under bond
debt (indicated market :quotations
June 30, 1943, $88,529,175), at cost. §Pledged. as collateral on.purchase
money debt (indicated market quotation June. 30, 1943, $59,046.31), at
principal amount.
USecurities and notes owned by .Terminal Shares,
Inc, (pledged as. collateral under;.lndenture securing $13,333,557 prin-,:
cipal
amount Terminal Shares,
Inc.. fiveryear 5 Vali; secured gold
notes,
which notes,
in turn, are' owned by. Alleghany Corporation
and pledged under Alleghany Corporation collateral trust indentures),
subject to agreement dated March 12, 1940 to sell to Trustee in Re¬
organization of Missouri Facific Railroad Company, at •;cost. Less
reserve for possible loss of $7,000,000.—77158, p. 542.
, %
" ;
;
Z ■
as
U. -S.
422
division
profit
$2,131,641
100,439
22,080
...
the
$2,129,002
$1,741,035
55,728
68,890
69,510
■
for the .month of. June.
;
r
subsidiaries in a report for the quarter ended,
a net profit of $345,189 after charges, income'
and excess profits taxes and provision of $100,000 for contingencies;
The net profit of $345,189 is equal, after dividend requirements on S3
preferred stock to $0.43 a share on 652,773 shares- of common stock.*
This compares with net profit of $202,545 or $0.20 a common share
in the June quarter of 1942
and net profit of $253,208, or $0.28 a!
appear
indentures
Accounts
Operating
&
dividend
British
the
14,279,000
34,300
r
268,269
1,412
—.
quotations
Ended
392,040
$8,639
53,616
10,553
$1,597,214
dividend
change.
subsidiary, Terminal Shares, Inc.
t Amounts at which
if listed securities were stated at indicated market
owned
assets
Cash
Feb. 28, '43
$373,473
269,138
—
—
27,611
contingencies
for
included
4,858,0(00
.-
38.650
" " '
(deficit).
"Amount at Which assets
Liabilities—
Total
Profit
for
"The
<
■
A
8 Mos.
Ended
$8,639
9,103
94,972,
>
..
sub.)
taxes
Common
156,480,470 104,294,557
Merchant
$277,777
.
$2,062,131
post-war- refund..
The
140,867
—
p>
'
801,339
income..—
on
Deferred
commercial
for
"Exps.
4,858,000
268,269.;
Total
"Notes,
'
Fiscal Yr.
June 30, '4; June 30, '42
Income from
$2,075,386
28,
shares of preferred'stock were offered on and after May 3,
sale
to the
public at $25 per share.
1,540 shares have
t4,000
1943
been
$25
stock
A
effect
taxes
—..r———.
surplus
Income
tNone
262,189 shs.
1943 to an
amendment of the certificate of incorporation which became effective
on
March 17, 1943 (a)
authorizing the issuance of 40.000 shares of
convertible non-cumulative preferred stock (par $25J;
(b) authorizing
the issuance of 1,000,000 shares of common stock
(par $1), and
(c)
reclassifying and converting into shares of the new common stock the
then outstanding non-voting class A stock (no par)
and the voting
non-participating class B stock (no par).
As of March 17, 1943 and
as
of Feb. 28, 1943 there were issued and outstanding 262,089 shares
gives
inc.
Preferred
22,643,000
14,279,00034,300
preferred cumulative conv. stock!.
cumulative pfd. stock (par $100)
stock
'\;Jwrplus'.',
Outstanding
40,000 sh3.
1,000,000 shs.
stock (par $25)
:
A 5V2%
Earned
,«
Authorized
"Conv. non-cumul. pfd.
for
June
coupons
Paid-in
.
'
ness.
181,407
$1,702,871
sub.
(foreign
Profit
■'
.*
,
Federal
for
Common
however, apply to the liquidation of this note
by
'.v
•
income)
on
prior
Series
Fiscal Agent of
were loans of
proceeds from all sales of preferred stock Jn excess of the first
$175,000 realized from previous sales of preferred stock,
provided
that
not less
than
$500,000 of additional capital shall have been
purchase
div.
Est.,
income
foreign
-profits
21,661,000., 21,661,000
$2.50
the unused
The
'
'
22,643,000
Provision
the
"Common
Pfd.
104,294,557
156,480,470
——
Matured'interest
agreement are guaranteed under a collateral agreement
1943, by the United States War Department acting
Company may,
185,009
deductions %%„_
Other
!■'■■■
417
1,066,343 ': 1,066,343
!a—!_!!—»!!!!_!!]J',
charges
___.*
taxes
.
Loans under
time outstanding.
one
any
$2,243,538
147,278
$1,493,139
income
Total
;
A/tCoiumnB
!——-''V,''' ■■■'
.
..
interest' bonds....1.
Purchase money debt (assumed)^.a...
Accounts payable and accrued expenses——!—
Interest payable accrued
;a:
—
Taxes
payable
accrued (other than Federal
portion of the, $1,000,000 commitment during
the
period of the agreement.
Upon written notice to Wilmington
Trust Co. that the company
will make no further borrowing under
the credit agreement and upon payment in full of all previous loans
made thereunder, both the liability of the company to pay a commit¬
ment
fee
attributable
to
any
period thereafter and the obligation
of Wilmington Trust Co. to extend credit thereunder shall terminate.
Pursuant to the terms of the credit agreement, the company entered'
into a subordination agreement on July 30, 1943 with Equitable Trust
Co. of Wilmington, Del., providing for the subordination to all loans
under the credit agreement of the company's $300,000 demand note,
guaranteed by Richard C. duPont and held by the Equitable Trust
Co.
Payments on the principal of the $300,000 note are specifically
deferred until all loans
made under the credit
agreement are paid
realized.
bonds:
-
Contingent
$175,000 outstanding under this agreement.
,,
All loans pursuant theretq will be evidencred by three-month notes
bearing interest at the rate "of 4% per annum and secured' by an
assignment of certain of the company's war. production contracts.
An
additional commitment fee of
14. of 1% per annum is payable
full,
\
:..
-
$'%■•.%'$
7,115,703
•
1942
$2,260,395
149,122
'
from
Div.
Prov.
—:a!_—..
convertible, due Feb. 1, 1944——
convertible, due June 1, 1949i...,
convertible, due April 1, 1950:
Fixed'interest bonds..a—_.1—
Company
$.459,134.
approximately
to
through the Federal Reserve Bank of Philadelphia as
the
United States.
As
of August 24, A943,
there
in
Sheet, June 3(b. 1943
•%: '' ' "Column
Balance
1943
$1,850,149
1943
—
Miscellaneous
$31,008
15-year 5%
July. 30,
quarterly on
v.
$400,157
20-year 5%
that this sum will be applied from
of certain loans of the company.
credit
"$482,796
20-year 5%
stock heretofore
preferred
of
shares
the
with
connection
exceed
to
Profit
/•
"•
60,774
cancellation of company's own bonds(net).
trustees-—.
interest receivable
by
Liabilities—
net
dated
1Z ■' ■/
,;.7,115,703
Total
time to time to the
liquidation
.'. •> .■
Guaranteed V Loan—On July 30,
1943 the company entered into
an
agreement with Wilmington Trust Co.. (Del.) providing for the
granting, until June 30, 1944, of a revolving credit in an amount
not
v
of
and
-Consolidated-—*
1942
$1,642,261
'
Depreciation
Collateral - trust bonds:
proceeds which the company will receive from1 the sale
of the 20,488 shares of preferred stock presently offered,, after deduc¬
tion of underwriting commissions and estimated expenses of the comr
this
35,000
48,000
.
'
.
»
Bank Note Co.—Earnings-
6 Mos. End. June 30-
corporations.^:.—" 140,716,335 <."88,529,175
securities—%
57,800
59,046
Kansas City properties..6,000,000
6,000,000
Deferred
poses.
anticipates
American
$91,782
.
Company-
on
.1; 1
!
'
the
this sum to
Mr. duPont and
applied
now
4,
'
accrued....—_ . 1,383,976 .1,383,976
Cash in banks and on hand—aa-a--—• \.
; 89,897 %•,'
89,897
U. S. Govt, savings bonds, defense series [G'Ji-iL''- %% 50,000 % \
50,000
Interest receivable accrued on U. S. Govt!,sav>%V.:
stock for $75,000,
payment and discharge of ' two
notes held by
evidencing cash loans made by him
in that amount to the company.
The balance of the cash proceeds
of $106,500 has been applied by the company to working capital pur¬
and
$435,157
$530,797
purchased 3,000 shares of preferred
Felix duPont
in
$91,782
•
Government
Dividends
1943
sinking fund, $5,000;
accounts
.131,552
$435,157
y
special deposits,
Prov.
held
Cash
subsantially during the
$8,673
_
^
126,865
.
,■
^Securities
lu. S.
jlNorth
21
$8,773
income
Earnings
Consolidated
emergency.
received $181,500.;
profit
of
"Exclusive
,3,000
1.497
:
61,500
Assets—
Purpose—From sales of preferred stock under the offering of May 3,
(1,540 shares subscribed for by public at $25 a share) and under
offering to holders of common stock (5,720 shares purchased at $25
pany
'..
;
—
'.
company's
1943
the company
527,569
$1,211,614
:
surp.
>
pick-up
in" glider
Departments.
Navy
this percentage will increase
that
continuance of the present
The
( $529,300
profit to earned .
(deficit) acct. *$1,150,014
Net
"•
$11,599
197
Liabilities—Capital stock ($25 par), $350,000; long term debt, $70,000;
payable, $3,935; customers' deposits, $3,571; taxes accrued,
$4,324; interest accrued,*! $108; other-current and accrued liabilities,
$487;. reserves, .$255,568;, capital
surplus,
$12,242;
earned surplus
$9,376; total,$709,611.—V, 157, p. 2341.
V
,y;l;%.v; i'
"
186,701
applicable to
prior to 1940
years
;
;
2,903
.
110,922
1
Expenses
-
$11,874
___
other investments, $250; cash, $36,-'
customers' accounts receiv¬
able, $9,962;
merchandise and (jobbing accounts receivable, $2,375;
other accounts receivable,1. $418;- materials and supplies, $9,561; pre!
payments, $2,543; total, $709,611.
j
•■%
' • , . . "
security
tax
a
Balance Sheet, June 80,
14.140
—'
$683,945
a—a—
i'
14,551
|
.
Assets—Utility plant,. $642,954;
548;
y'1•
.
14,048
•
bonds...
on
-
114,414;
;
■
166,587
a!—L,—J
income
company's
the eight-month period ending Feb. 28, 1943,
of the company's gross income was derived from
For
18%
income.
approximately
gross
share,
91,409
.
Net
6,788
———
Prov. for estimated Fed.
States Army; and
and conducts the
technique.
Until 1942 the commercial operations of .the
air transport division accounted for substantially all of the
per
V*
38,727
A-
—
from
-
'Miscellaneous income deductions.
16,961
plan
transactions
the War and Navy
and installs glider
division^ under contracts with
designs,
develops, manufactures
manufacturing
Company
V
123,645
,
3,382
expense
Gains
system serving 115 cities and towns in Pennsylvania and five
adjacent states, and operates, under contracts with the U. S. War
Department, a military cargo transport line in certain states on
the
Eastern
seaboard
as
well as a pilot training program.
The
A.
U
1
Z;'/'7,556.
2,641
•
bond( discount
Balance
express
its
of
$ 26,25
$25,923
.
'
—+
expense
3,442
3,287
>
accruals—
reserve
•
$22,803
$22,636
——A
income
Gross
...
Bond readjustment
and
pick-up equipment, converts and modifies United
Navy aircraft for installation of such equipment,
instruction
of certain Army and Navy personnel
Retirement
»*,
re
Amort,
stockholders.
property.
The present business of the company te conducted by its two major
divisions, i.e., the air transport division and the manufacturing divi¬
sion.
The air transport division operates a feeder air mail and air
anticipates
/
1,561
,
10,396
■
Business—Company
and
History
Delaware,
it
.
1
—_a—!
income.
Gross
Interest
175,788
Expenses
re
Terminal
Shares, Inc., litigation
.
of 26,218
the Unsubscribed balance
275
!
7,905
7,840
3,000'
—Ja—
income......
operating
5,732
6,950
—r—.
——r-__,
6,717
■;
■:
)
9,093
•
represents
;.
agt.
Miss.
Pacific
RR. reorganization „•
—Blyth & Co., Inc., on Aug. 30 offered 20,498 shares of
4% convertible preferred stock at par ($25 a share),- This
amount
%
5,002
'
social
(franchise,
security, etc.)
Utility
67,706
'
expenses—_
Taxes
$1,046,872
Exp,
shares, offered to common
1
.
'
and
General
All American Aviation,
i
:
.
taxes—
Other. income
3,287
302'-
Trustees', trustees' coun¬
634.
158, p.
1,572
——„_
income
1,872,102
1,802,344
1,731,307
1,600,899
interest
fees
$2,602,447
$22,703.
$2,265,126
a
purchase
on
agent
$2,687,421
»
$105,713
70,289
taxes
Federal
"
debt
Regist,
$2,694,782
$110,715
...
——
General
1942 1
1943
»*,.■■
'
revenues
.
Maintenance
1940
collateral
on
bonds.
Other
-i
1941%
1942
$2,833,048
income.
ordinary
trust
$10,202,831 $10,398,941
5,331,398
7,052,4§1
_a
$357,521
other
and
Int.
Total
money
deduc—
income
Gross
>
profits
exc.
1943
6 Mos. End. June 30—
"i. "
Inc.)
(Including Wholly-Owned Subsidiary; Terminal Shares,
•
$2,353,360 $29,082,306
$2,507,028
expenses
Operating
Operation
Alleghany Corp.—Earnings—
1943—12 Mos.—1942
194''—Month—1°42
31—
revenue
Operating
Gas Co.—Earnings
12 Months Ended June 30—
*
local
and
State
•
(trade
payrolls,
payable
taxes,
creditors, etc.), $183,393; ac¬
and other expenses, $212,516;
provision for Federal income and capital stock taxes (less U. S. Treas¬
ury tax savings notes on hand of $513,064), $106,632; 6%' cumulative
convertible preferred stock (par $50), $3,705,000; common stock (par
$1), $584,950:
capital surplus, $824,124; earned surplus, $2,141,982;
total, $7,758,598.—V. 157, p. 1803.
American I. G. Chemical
See
Corp.—Debentures Called—
General Aniline & Film Corp.;
below.—V. 158, p. 855,
;
Volume 158
Number 4209
American Machine
Foundry
&
6 Months Ended June 30—
Bales
and
Americali
Co.—Earnings1
1943
'
Rentals
THE COMMERCIAL & FINANCIAL CHRONICLE
-
1942
$8,018,479
—
$6,620,954
$4,076,476
211,938
129,659
200,953
royalties.
.
1941
.
The
'
the
Aug.
26.
last.
$6,832,892
$8,219,432
"Manufacturing cost &
Gross
profit
(Other
Net
6,386,080
income
excess
Post-war
257,942
326,398
407,516
$1,912,466
1,137,443
$1,114,782
profits
$2,091,294
inc.
and
of
excess
taxes
profits
1,338,454
value,
par
1942
payable
15 and
of
Dec.
cents
15
of
share
per
to holders
March
on
follows:
as
25
Sept.
made
were
were
Distribution—
dividend
a
March
15
16
of
and
and
record
'
for
week
of
table
follows:
Wk. End.-
140,388
of
weekly
output
of
electric
'
•
..
for
energy
'
the
Net income.
—'_™—■■
.Equity in earnings
Machinery Co. in
Dividends
Co.
of
incl.
Int'l
in
Int'l Cigar
excess of divs._
ate
earnings
,
$581,567
of
1940
1939
45,413,000
14_y„
81,083,000
66,619,000
54,457,000
54,092,000
46,143,000
Aug.
21—w
81,555,000
72,742,000
66,230,000
52,558,000
45,764,000
Aug.
Cr83,279
28—_
81,875,000
856.
'«
71,227,000
66,639,000
54,298,000
44,893,000
—V.
158,
p.
earnings'
Dr24,614
Pr52,420
$556,953
$595,504
392,217
392,217
529,492
$210,621
$164,736
$0.55
$66,013
—.
(Including Wholly-Owned
$602,838
Dividends
_I™.
Period End. June 30—
Net
sales
Cost
'
Surplus
Earnings
i
per
share—
common
"Depreciation
included
$0.60
to
amounted
$216,409
in
1942, and $204,587 in 1941.
,/fIncludes dividends
Cigar Machinery Co.
...
1943,
received
$177,828
from
Balance Sheet,
Other
in
U.
in
S.
and
Treasury bonds
Accounts
Notes
hand_
on
and notes
Accounts
ated
1,617,318
1,110,452
19,160
1,062,303
——
receivable
from
subsidiary
not
Prov.
due
one
year
Post-war
in
of
Prov.
and
affiliated
Stock
10,614
American
Machine
&
Foundry
9,239,608
163,669
163,669
2,078,391
2,290,723
Co-
for
;
—
Liabilities—
Accounts
182,827
Provision
for
for
Reserve
Y
Earned
1,017,722
annuities—
(no
par)
:
239,634
—
7,ooo~boo
4,172,387
™™
be
tion
notes:
depreciation
of
(After deducting
$2,211,722
in 1943
$2,458,429
$1,001,606
in
9,150,252
1942.—V.
158,
American
Manufacturing
Co.
50-Cent
—
.Gross
The
the
on
Sept.
15.
have
stock
declared
and
the
dividend
a
usual
of
quarterly
sales
(less
50
cents
dividend
1943
returns,
share
per
of
$1.25
ances, freight & cash discounts)
"Materials, labor and manufacturing expenses
——™_——
Selling, administrative and general
Net
operating
Other deducts.,
1942.
Federal
were
> >"'»
.
$0.57
or
income
$484,360
in
a
and
1943
."%;>
adjustments,
if
1940
from railway—3,438,232
from.railway——— ' 1,006,163
2,961,944
ry,
2,677,512"
715,205
377,075
140,067
Arkansas Power & Light Co.
Period Ended July 31—
$4,597,135
$4,006,170
3,711,968
3,453,675
316,513
expenses-',— 1
taxes
—
taxes
V-V. ,,.>■•>>,
to
$568,654
Cr6,993
207,434
1,270,812
68,571
879,439
117,000
1,402,000
$274,132
$3,019,617
-V.
13,118
2,341
1,037
v
$254,422
$276,473
$3,160,542
140,623
159,474
' 1,806,747
$362,424
——
$575,647
Inactive
property expenses (including depreciation)
——a
Interest on gen. mtge, bonds
25,290
—
Federal
for
profits
cess
Prov,
for
34,848
63,386
65,258
Cost
126,375
193,017
contingencies
46,704
81,067
period—
$101,650
$208,427
58,619
1943
in
of
sales
../(.including
exclusive
/
•
•
.
of
1942
1
Prov.
income
for
future
for
the
$136,778
costs fluctua-
pulp
Selling
of
5,123
'
—;
transferred
.
to
surplus—
'
$101,650
41,044
$203,304
$95,734
operating
depreciation—43,888,404
to
earned
Notes—(1)
.and
29,726,382
.
in
The
(2)
report provides
taxes at
for estimated
the composite rate
total
of
Federal
63%
income
for. ,1943
Total
and
Earnings
to
per
common
in
$0.26
share
and
1943
for the'six
$0.50
in
months
ended June
2—
1942,
by
master.
operations—
marketable
and
L;
income
30
$4,591,285
—„:
Miscellaneous
charges
Provision
286,636
$4,926,739
Federal
Assets
Cash
1943
Investments,
S.
Treasury
r-
deposits—;
tax
notes
112,735
(including
826,349
103,000
and
court
to
Adjustment
711,640
672,600
Net
1,786,502
711,640
—
rights ——672,600
machinery and equipment—
4,490,587
charges "and prepayments—;——_
60,843
Water-power
(Buildings,
Other-assets
>
for. Federal
of
4,749,555
46,673
——v—2
$9,434,204
Combined
inventories
from
>
—T
—
Liabilities—
Accounts
net
4%.'. cumul.
income
for
taxes
excise
State
(estimated),
tax
income
Other
—————l—■——_
for Federal
(Provision
taxes
income &
including
accruals
convertible
Common
per
"After
net
stock
Capital
surplus
——
adjusted
192,590
June
computed
would
199,928
185.534
310,418
notes
of
2.055,275
2,092,275
1,909,000
2,010,810
3,518,280
—
3,466,981
1,129,865
990,236
—
—
1943
doubtful items
for
$98,627
in
in
and
$442,184 in
1942.
(Less
$1,105,886 in
ana
cash
reserves,
1942.
1943 and $195,891 in
The Commercial and Financial
share—
105,988
705,433
$1.14
■
105,988
705,433
—
$0.92
—
-
half of
1942
the
reported
company
$9,318,666
discounts of $118,785 in
for. depreciation of $1,-
(Less
U.
S.
1942.—V.. 157,
Chronicle
$9,434,204
Treasury
p.
1645.
tax
.
basis
of
the
1942
Revenue
been
$2,023,037 instead of
profit of $2,023,037 for
1942, is equivalent to $1.36 a
30,
Consolidated
Assets—Cash
in
banks
Balance
and
Act
$1,405,003
net
the
first
June
a
consolidated
finally
as
as.
passed
reported.
six
months
The
ended
30,
accounts
and
subsidiaries
vestments
his
for
814,456;
notes
receivable
(less
in
reserves
for
doubtful
discounts
of
$627,732), $5,660,229; due from foreign
accounts).,. $271,921; inventories, .$17,571,049; in¬
advances to foreign subsidiaries (less reserves .of
and
$4,267,561;
property,
$20,244,486 and
plant
other
and
reserve
for
investments
equipment
and
(less
revaluation
sundry
reserve
effected
makes
stocks
the
in
the
the
Dana
Seibert,
President;
so-
conclusion
reorganization
fairness
provision
who
convertible
master
findings
will
(a)
of
of
the
•
pro¬
for
holders
of
originally
debenture
have
his
be
special
final
approved
'
by
the
proposed
master
their
report to
conclusions of law.
of fact and
to
covered
the
file
will
submitted
submitted
The
this
execution
of
report,
an
plan
it
be-
>
....
by
court,
before
court
two other major
agreement
between
on
counter-
the
1
develop¬
the
trustee
as
for
of
assets,
$1,*
depreciation
Jan. 1, 1933,
by the Securities and Exchange Commission on
of its order entered Dec. 5, 1940 restricting the payment
1943
by
Co.
Metropolitan
Edison
Co.,
subsidiary
a
of
NY
PA
NJ
:
.
the
to
Utilities
other
in
Property
'
City
Co.,
than
' "
of
such
had
the
Ky.
sale
made
been
be
to
made
Frankfort
/'■■•"
1
Frankfort,
all
by that
electric
the
after
water
sales
all
of
company
and
stock
common
certain
of
its
of
all
prop¬
distribution
and
'•
of
subsidiary of Associated Electric
viding for the sale of Tri-City's
and for the sale of
distribution
tions
and
Co.)
gas
entered into an agreement pro¬
properties to Owensboro Gas Co.
Tri-City's water properties and the Franklin electric
system
to
K-T
applications
Electric
have
been
and
filed
Water 'Co.
with
the
Appropriate
Kentucky
peti¬
PUC
and
SEC.
of
Sale
Jellico
Distribution
System—During
the
current
quarterly
period, Tri-City Utilities Co. has agreed to sell to the City of Jellico,
Tenn., all the physical properties and certain other assets used in the
generation, distribution and. sale of electric energy in the City of
Jellico, ; Tenn., and environs and the Town of Jellico, Ky., and en..virons, comprising its Jellico Division, for a base price of $60,000.
sale
The
U.
P.
is
conditioned
Commission
upon
of
the prior dismissal by
Tennessee
of
an
the Railroad and
information
filed
the
with
District
Attorney of Campbell County, Tenn., alleging discriminations
in
the
application of rates charged to customers in Jellico, Tenn.
The Kentucky P. U. Commission
approved this sale on July 14 and
the
Ralroad
and
U.
P.
Commission
action by order dated July 23,
by the Court on August 4.
of
County
(current
$1,791,091),,
of
and
that
to the
modification
4,
Sale
1943
on
hand, $7,916,365; U. S. Treasury tax
notes and other Government securities,
$3,397,330; billed and accrued
recoverable costs on Government
supply contracts and facilities, $3,570,985;
•
share.
common
Sheet,
involved
stated
before
&
Eastern
Electric
the
SEC
Electric
Shore
Public
Co.—During
in
connection
of
Tennessee
1943.
This
Service
May
and
with
the
authorized
transaction
Co.
(Del.);
July,
1943,
was
the
trans¬
approved
Acquisition
of Erie
hearings were held
by General Gas
proposed sale
Corp, and Virginia Public Service Co. to United Gas Im¬
of the common stock of Eastern Shore Public Service
provement
Co.
Co.
and
(Del.)
from
United
County
operative,
Inc.
this matter
to
work
Shore
the
Gas
Electric
for
out
Public
proposed acquisition by Pennsylvania Electric Co.
of the common stock of Erie
Improvement Co.
Co.
to
a
the
A
defer
motion
or
filed
was
postpone
by
Delmarva
the issuance of
a
Electric
final
Co¬
order
period of 90 days in
details
Service
Co.
for
the
(Del.),
in
order to permit the Cooperative
acquisition of the assets of Eastern
The motion was denied by the SEC
(Reg. U. S. Patent Office) William B. Dana Company, Publ ishers, 25 Spruce St., New York 7, N. Y., BEekman 3-3341. Herbert D.
Seibert, Editor and Publisher;
William D. Riggs, Business Manager. Published twice a week [every
Thursday (general news and advertising issue) with a statistical issue on Monday]. Other
offices: Chicago—In charge of Fred H. Gray, Western Representative. Field Building
(Telephone State 0613). London—Edwards & Smith, 1 Drapers' Gardens, London, E.C. Copyright 1943 by William
B. Dana Company. Reentered as second-class matter February 25, 1942, at the post office at New
York, N. Y., under the Act of March 3, 1879.
Subscriptions in United States and Possessions,
$26.00 per year; in Dominion of Canada, $27.50 per year. South and Central America. Spain, Mexico and Cuba, $29.50 per vear; Great Britain. Continental Europe
(except Spain), Asia, Australia
and Africa, $31.00 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.
William
*
stock
——_——
first
the
on
have
154,839
—
„—
—
240,009
—
.——*——
—
reserves
and
111,859
post-war refund and debt retirement credits of $109,362.
accounts
"Less
preferred
common
the
$1,405,003
63,947
subsidiaries—
reorganization
security holders.
began on August 23,
issues
the
have
After the other parties have
period
dividends
the
of $1,405,003, or $0.92 a common share.
According to the
statement, however, the 1942 estimates made at the end of the
first six months' period of that year for Federal tax
liability proved
to> be higher than required and hence the
earnings for that period as
22,923
profits
($5 par)-.—————
surplus
Earned
1943
3,771
.$1,714,299
profit
8,436
(estimated)—
excess
—
debt
Total;'
foreign
dividends-
$273,745
12,718
provision „for
,
Common
$289,424'
contingencies——,—,——
Reserves
Long-term
of
f
latest
payable
Provision
920,519
3,003,800
•
operations.——.
filed
July 19, 1943, Associated Electric do., Tri-City Utilities Co.,
Owensboro Gas Co. and K-T Electric and Water Co. (a
newly organized
'
*984,259
tax_
Assq-
was
Ageco, the trustees of Agecorp, Utilities Employees Securities Co.,
England Gas and Electric Association,
and
others, providing,
subject to the approval of the SEC and the Court, for the settlement,
of various complicated issues
relating to Utilities Employees Securities
Co., the resolution of which must precede any
reorganization; and
As
.
—
domestic
Earnings
2
$9,318,666
income
Note—For the
Total
profits
excess
which
the
Ageco and the
the trustees point
that
of
SEC
determine
modification
preference
special
were:
erties
75,392
and
tax
convinced
Ageco and the trustees of Agecorp
fact and conclusions of law to the
Tri-City's properties
53,832
23,003
interest)——
income
655,676
„1,469,478
—
normal
submitted
corporation
from
of
of
the
systems.
132,493
988,950
Provision
$811,556
200,000
——.—
—
Deferred
,
During
$1,200,000
927,929
surtax
1942
$887,167
receivable—
accounts
Inventories
Land
demand
U.
and
"Notes
and
hand
on
for
the
court
trustee
interests
settle
final.
Tri-City
$6,522,739
1,000,493
■
Comparative Balance Sheet, June 30
have
of
the
Sale of Trl-City Utilities Co;—By agreement dated June
4, 1943 Asso¬
ciated Electric Co. has agreed to sell for a base
purchase price of
miscel¬
—
the
trustees
Dealings
securities,
and
by
best
to
The
exchanges
on
of
Utilities
$6,236,103
—
1942.
4,745,220
335,454
other
:
—
4,903,657
—
to
essential jn-eUminajry
the
The
preferred
with
of
———„—
trustees,
the business
'
compromise
June
(exclusive
expense
Provision for depreciation (incl. obsolescence)
Federal and Pennsylvania capital stock taxes—
Provision for Pennsylvania income tax
1942.
amounted
from
$9,494,942 $10,981,323
:
recovery
on
salvage materials
laneous non-operating income
surplus.
profits
excess
56.8%
operations
administrative
profit from
Income
"Including depreciation: 1943, $88,654; 1942, $87,907; 1941, $78,991.
on
general
mortgage bonds reacquired
has
been
credited
(Profit
directly
and
from
depreciation)
Net
Balance
profit
ago.—
,
trustee
(b)
Gross
+Net
year
New
■
>
a
week
Electric
15,272,472
the plan is fair and equitable and feasible.
reorganization gives effect to the plan for compromise
by the trustee
of Ageco
and
the
trustees
of
master
the
>
$53,383,346 $40,707,705 '
necessary
units
the
&
of
of
1943
,
.
:
——
Thorp,
are
the
estates.
together
$1,022,735
Domestic Subsidiaries)
Y
—
reserves);
;
tax
(Including
sales
•
Gas
increase
an
120,503,843
L.
trustees
is
November
special
for
6 Months Ended June 30—
Net
ex¬
(estimated)—
taxes
income
and
income
29,750
62,405
.
Prov.
for
report
Associated
is
the proposed plan before the
(Aug. 14, 1943.
635.
*
charged.—
July, 1.9, 1943, Judge Frederick E, Crane, who had Ijeen designated
ments
>
be
whether
findings,
$406,755
The
than later
on
in
findings
949,265
Armstrong Cork Co.—Semi-Annual Report—
$295,503
to
obtained their
certificates, or per¬
sonal representatives, legatees, distributees or
statutory successors of
such original holders, a previously unconsidered class of
security holders.
$3,933,248
947,040
of
Corp.
the
This
.
companies)
.
income
amount
introductory statement,
an
litigation.
litigation is an
two
Ageco
$1,972,000
V
14,
Recap
comes
Total
the
taxes properly
$2,350,000 is the
of
posed compromise, rendered his decision approving in toto the plan for
compromise as modified during the course of the hearings before the
1,961,248
$1,353,795
,
——,
p.
Federal
until
proposed
securities
—
(kwh,)
Willard
In
of
special
-
(net)—
Agecorp.
was
On
as
The
158,
of
$2.83
impossible
Co.—Weekly Output—
of
the operation of
June
on
holders.
this
the
$3,920,130
140,925
of
1,291,000
income,.
•
$113,799
$116,999
Dividends applic. to pfd, stocks for the period
Cr3,894
is
Provision
Electric
&
output
production
and
on
plan
called
890,096
$253,385
,
Gas
subsidiary
following:
determine
1,554,378
75,665
114,000
revenues—
of
Agecorp
1943—12 Mos.—1942
Net
$291,609
Cr3,768
it
amount
Electric
of
SEC
rather
which
190,962
approp.
above
Driscoll
Hearings
$1,197,721 $12,202,944 $13,677,974
530,584 *
5,631,076
&022,370
637,792
■
income^
Balance
$358,656
$1,271,804
Inter.;; etc.,, deductions^
260,886
the
tax
half-year of 1943.
Associated
that
the
now
•Earnings—
1943—Month—1942
,
fevehde§,^^_.
1941
profits
step towards accomplishing the rehabilitation of
System came when a joint plan of reorganization
security
394,100
264,977
v>' ■
516,844
f
2,335,504
691,488
452.
,
determine
excess
8,600,000
12,502,000
I
basic purpose of the plan is to substitute for claims
against
the two estates, securities in a solvent
reorganized company, which,
acting under
the
control
of
its security
holders, will continue to
work out the necessary broad
program of system reconstruction but
should be able in the meantime to
pay some income currently to its
;
■'
income-—
income
$3.12
out that the
30,881
oper.
to
of
the
trustees
1941
>71,984
Net
14,600,000
12,248,000
$3.28
major
with
1942
J.
take
A
RR.—Earnings—
res.
10,300,000
13,668,000
the
quarterly report
we
$349,855
retir.
$525,000
Associated Gas And Electric Corp.—Trustees'
Report-
will
any,
77,155
Other
$600,000
—
27, net electric
135,776,315 units
(including
147,663
federal
375,000
$1,300,000
profit
900,000
856.
p.
Denis
a
y
$437,949
:
net
first
12.7%
or
158,
com¬
excess
against
53,538
Operating
Operating
850,000
or
126,725
Prop,
3,945,983
income——
less other income-
of
months
$484,000,
was
$445,619
Gross
>■:
units
profits taxes at
excess
73,890
Other
1942
311,134
was
154,846
on
$4,615,772
(incl. depreciation:
and
group
The
per
1,450,000
2,350,000
of
year
trustee
$0.88
,
$512,908
allow¬
y
expenses
half
six
railway—
p.
3,650,000
sales
the
to
Aug.
Common
Corp.—Earnings-
6 Months Ended June 30-
the
ended
Net
both payable Oct. 1 Ao holders of record
Like amounts were paid on April 1 and July 1, last.
Dis¬
on
the common
stock
in
1942 were
as
follows:' April 1,
American Writing Paper
Gross
first
the
railway—/
158,
a
See
company.
(& Subs.)—Earnings—
taxes_!
transactions™
$934,784
Net
July 1 and Oct. 1, 50 cents each; and Dec; 31, $1.50.—V. 157, p. 2142.
1
the
for
oper.
to
at
bonds
Aug. 1,'42
Aug. 2,'41
$39,825,000 $33,119,000 $29,905,000
—
Associated Gas &
V.
Gross
the preferred stock,
tributions
from
mortgage
Delaware
long-term
Delaware
company's best estimate of the proportionate
V. 158, p. 635.
of net earnings,
ry. oper. income
From January 1—:
-
directors
common
$0.74
1943
from
Net
355.
p.
Dividend—
share
$0.25
SO.30
July—
in 1943 and of $2,Treasury tax anticipa¬
cost of U. S.
and
of
ciated
—V.
.'
"
$557,580,
for
taxes
•
the
new
of
into
859,295
$843,287
provision for Federal income
Ann Arbor
$14,449,241 $18,487,799
for
861,487
626,780
$255,462
Note—Company states that renegotiation
comparatively small.—V. 157, p. 2209.
t
'
reserve
710,173
•
Cr71,182
share
com.
share
of
the
Co,
1940
.Net
Total1 .—l
*Less
192,000
*255,450
six months ended June 30, 1943, net profit
share on common, comparing with
a
profits
351 912
'
144,338 in 1942.
gross
end
I.:—
239,634
7,ooo|ooo
—y
surplus
per
"Estimated
$0.46
$1,308,703
789,211
392,400
contingencies——.^——
post-war adjustments——__
stock
180,000
*287,095
„$286,927
—
&
fund
to
Goods Corp.
inventories
of
allocable
For the
y:
89,506
$1,275,186
accrued-
special
for
Common
retirement
400,000
———
inc.. &
.'$557,580 in 1942.
''-r:
liabilities—_
and accrued
and other taxes
State
v.
de-
to
and
July 31,'43
approx.
Note—Because
taxes._
under
Armour
notes
—
Federal
Number
Metaline
Fed.
for
Average
—
Earns,
$14,449,241 $18,487,799
'
payable
'•(Federal,
Reseve
-V
- ••
58,768
profits
bonds
542.
p.
Merchandise
501,445
26,781
approximately 50%
—
;
'>
515,621
17,455
ad¬
-
Aug.
Est. approx. oper, profit before Fed¬
eral' income taxes
691,688
125,971
Net profit
f ,
mon
Total
installment
Associated Dry
The
Patents, patent rights, licenses, development,
goodwill, etc.
—:™™——_
"Land, buildings, machinery and equipmentPrepaid insurance, royalties, taxes, etc—
.
158,
Estimated
;
,
its
on
$3,144,599
4,417
(net)
351,912
4,060,000
of
752,558
$3,122,642
141,718
Adjust, 'applic.
com-
panies
■
194,913
(net)
on
approved
6 Months Ended—
$2,452,911
L™_™:™
loss
to
excess
within
profits tax™™~~
excess
subsidiary
V.
other
fordeprec.,
pletion & amort.
181,263
-----------
refund
&
Prov.
•
-
Investment
$2,370,084
$846,337
$900,158 '
Mining & Leasing ,Co.
83,143
.
.-,250,467
expense
for
vances
3,353,617
30M34
also
five-year
Provision
sell.
Interest
•
2,707,039
—,
receivable,
,
affili-
and
companies
accounts
•
__™™
and
company
was
.
1943—12 Mos.—1942
$651,424
(111.)—Merger Approved—
this
company proposes to issue
the outstanding bonds
of
of interest, if possible,
3%
$6,020,951 $26,045,810 $22,059,262
5,369,526
23,675,726
19,606,352
$649,691
income * y._i—
expenses
25,000
cost)—
receivable,
..wi.ii..
acceptances
Note§ and
$1,988,352
^
Inventories
...
(at
receivable
and
>
1942
sales
on
income
Admin.;
$1,850,039
——_—.■
$7,106,504
6,456,813
of
Delaware,
rate
the
(
>
1943
banks
profit
Total
.
30
Assets— f
Cash
v—-
goods sold—™'
Inter¬
;
June
of
Gross
'
.
1
•
The
Co.—Earnings—
Subsidiary Companies)
1943—3 Mos.—1942.
to
1522.
p.
Total net sales
>$0.64
national
Comparative
of
refund
American Zinc, Lead & Smelting
'
•
merg*er
Co.
lower
^
accounts payable,
$2,750,467;
foreign subsidiaries, $172,521;
stock, and other taxes', $337|l60;
due
capital
principal subsidiary, Armour
31 by stockholders of the
parent concern, who also voted In favor of drawing a new
mortgage
to cover the combined properties.
.&
,
proportion-
_™
1941
66,634,000
$647,925
157,
Armour & Co.
The
1942
70,841,000
71,286,000
■
Cigar. Machinery
excess
Net
$519,560
of
955.869.—rV.
>'
,
1943
$2,450,000;
income,
for
Federal
income
and
excess
profits
taxes, $3,074 946'
and other reserves, $1,700,000; reserve for
wage
earners5
unemployment benefits, $500,000; 4% cumulative preferred stock
($100
par), $5,299,400; common stock (1,410,866 no par shares),
$8,123,465;
paid-in surplus, $26,383,324; earned surplus, $15,568,980;
total, $68,-
last
81,027,000
Aug:
State
provision
operating
Inc.—Output—
7™
118,722
for
1942.
years
payable,
$2,595,606;
expenses,
provision
Output.of electric energy of the electric properties of this
company
the week ended Aug. 28, 1943, totaled
81,875,000 kwh., an increase
14.95% over the output of 71,227,000 kwh. for the
corresponding
of
326,468
193,456
accrued
50
2142.
for
five
233,280
1™..
post-war adjustments—u-*
Liabilities—Notes
15,
15,
p.
Aug.
Prov.
$2,595,292), $24,082,223; paid-up licenses and rentals on
leased
machinery (less reserve for amortization of
$352,025), $403,749- good¬
will, trademarks, and patents, $1; total,
$68,955,869
on
June
June
15, 25 cents C"a?h,—V. 156,
American Water Works & Electric Co.,
Crll8,722
taxes
no
in
each; and Sept:
Comparative
.j.
:
corporate
Co.—25-Cent
declared
Similar1 distributions
Payments
cents
$707,266
have
3,498,869
$1,586,069
.
—
refund
taxes
Other
5,246,824
$1,833,352
expenses™
:
profit before taxes
Fed.
$4,206,135
Meter
directors
capital stocky
1
f
:
944
delaying a decision on the proposed transactions in order to permit
the Cooperative to ascertain whether or not it would, formulate and
Fe
Sale
June
Co.—-At a special election held on
of Thatcher, Ariz, approved the
General Utilities
Arizona
of
25,
interest of Ajsociated
under an agreement
V' '
On July 13, 1943 a hearing was held in the Graham County Superior
Court on a petition brought by five residents of the Town of Safford,
-requesting tHe Court to enjoin the Town of Thatcher frorn consummating the purchase.
On July 29 the Court dismissed this petition.
The Town of Thatcner is attempting to
obtain a commitment irom
the petitioners
not to appeal this order.
The time within which
an
appeal may be taken expires Aug. 28, 1943.
•
Sale
of Rochester Transit Corp.—On June 29,
1943, pursuant to
the acquiescence of the trustees given in accordance with an order
entered by the Court on June 21, 1943, The Railway and Bus Associates
sold its entire interest (consisting of 133,930 shares of common stock)
for
dated
Net
Arizona
1943.
24,
May
With
Light
Electric
Litchfield
The
share
■;
,,
;
' ■ /
$155,553,000 at Dec.' 31, 1942.
This total is substantially unchanged as of Aug. 20, 1943..
Included
in this total are certain orders (less than lO'/o ), the linng 01 wnir.h
'I
unfilled
orders
were
been
suspended by the War Production Board.
portion of the company's unfilled orders is scheduled
,
,1944..
.,
,
.
.
Consolidated
;
....
;
July—Net
ry;
railway
from
Net
1943
$526,880
147,386
railway.-—'
from
Gross
-.
j
From January 1—
and Power Co.—Negotiations
Utilities Co. in the Litchfield
conducted for a considerable
Account
Income
Net
ry,
'
Years
*'"■"** "1941'
' :'-1942
•
$16,882,384 $16,440,380
operations.
on
income;
Total
$299,136
-
791,720
502,395
_
income-—I
41,080
tEst.^Fed.
"7,837
•
Provision
and
income
for
$17,384,779 $17,232,100
————_
12,780,000
1,500,000
11,480,000
1,500,000
$3,104,779
9,244,089
profits taxes.
excess
contingencies——-——-—-—.
Surplus
car/to surplus
!
beginning of year————-
at
$4,252,100
6,671,914
"157,487
J",
■'
Bal. of net profit ior the year
t
-
87,673
195,268
533,310
158, p. 481.
"Deficit.—V.
resulted
-
income,,—
oper.
'
.•
railway
from
profit
Other
•
Net
Calendar
for
•:/***'■ £!•
r
.
operations—$18,809,335 $17,480,312
for depreciation and amortization—
1,926,951- 1,039,932
1940
2,027,408
4,292,245
3,117,446 - 2,584,355
,182;429
1,456,050..'
718,208
504,737 v
railway
from
Gross
.
.
A considerable
for shipment in
1
on
Provision
RR.—Earnings-
1942
'1941
$553,734
$437,385
186,561 118,720
.24,207 .••*• 41,179
45,520
! '
income.—
oper.
'■
.
'"Profit
Net
Atlanta Birmingham & Coast
/
.
,
has
Aug.
on
amount as for
provision for contingencies in the same
after
Consolidated
31 was appointed as Vice-President of
Railway in charge of operations.
He was namd by
committee
to
succeed the
late W. K. Etter,. who
Minchin
$1,500,000 for post-war. ad¬
for 'contingencies of
provision
1942..
\
/"•
after
and
.
period with numerous prospective purchasers. Such negotiations finally
in the signing of an agreement dated July 17, 1943 between
PA NJ Utilities Co. and The Connecticut Light and Power Co.
'
.
Report—
justments and conversion to peace-time activities.
The consolidated
net
profit reported for, the year 1941 was $4,252,100 or $6.33 per
of
Vice-President—i""' 'v
H.
1522.
p.
report covering operations for the year 1942 shows
consolidated net profit amounting to $3,104,779 or $4.62 per share.
This result is after renegotiation of prices of Government contracts
the
Santa
Fe
the
executive
died
Aug. 16 in Los Angeles, Calif.
He steps up from the post of Assistant
Vice-President, to which position he was appointed last, year after
starting with the company as a station clerk in 1902.—'V. 158, p. 481.
G.
.
York, and a group of eleven
of such sale, the indirect interest
of
income tax in 1942.-
$28,538,330
New.
New
for the sale of the interest of NY PA NJ
Electric Light and Power Co. have been
month
for
accruals
tax
Railway
a
annual
The
36,473.298
35,831,995
8,923,990
4,984,246
income
oper.
157,
Bureau.")—V.
Babcock & Wilcox Co.—Annual
July 1943 include
$10,138,000 Federal income and excess profits taxes compared with
$7,668,000 Federal income tax in 1942.
. ' ' ■
;
. ' ;
(2) Railway
tax accruals for seven months ended July 31,
1943
include $74,664,000 Federal income and excess profits taxes compared
of $6 per share, or a total
Perkins & Co. of Rochester,
individuals. On the consummation
of the trustees in Rochester Transit
Corp. and its subsidiaries (East Avenue Bus Co., Inc., Railway Prop¬
erties Corp., The Rochester Electric Railway Co.,1 and Rochester Interurban Bus Co., Inc.) was disposed of.
The sale did* not require the
approval of any regulatory body.
v;W-.. * i"
•••••"
consideration
Sale
12,475,897
424,769
(Dr)
cred.
or
Notes—(1)
>
t
Transit Corp. for a price
of $803,580, to Erickson,
Rochester
in
23,698,991
accruals-.
Other deb.
base price of $455,000, of all
General Utilities Co.,
a
in
Co.
Electric
tax
News
the voters of the Town
1943
purchase,
oper.
Ry.
,r,
35,985,581 264,442,949 187,212,902
17,234,135 136,874,859 109,464,177
9,316,247
88,989,981
39,946,856
,511,209
2,746,114
1,328,571
41,583,903.
expenses--'
Ry.
■
revenues
oper.
pew, product,
$
$
Ry.
expected to. announce soon a
corporation,, i^
The
4
plywood from which can be made water-tight containers for all sorts
of products.
Boxes made of this material can be used to flp'at goods
ashore in areas where no landing facilities are available.
("Boston
1943 -7 Mos.—1.942
1943—Month—1942
Period End. July 31—
(jand to consideration
various regulatory commissions
Topeka & Santa Fe Ry.,—Gulf, Colorado
Ry.,—Panhandle & Santa Fe Ry.)
(Includes Atchison,
present a definite proposal.
.
Formal agreements! have been entered into by the, various parties
concerned.
Consummation of the proposed transactions is subject to
approval of the
by the Court.
Ry.—Earnings of System
& Santa
Atchison, Topeka & Santa Fe
there was no basis shown for
ground that
1943, dn the
28,
June
on
1
:
u.
..Monday, September 6, 1943
CHRONICLE
COMMERCIAL & FINANCIAL
THE
Total '
/
"K:'
$12,348,868 $10,924,014
—o
^!u_t—_
Cash. dividends
1,007,955
declared
1,679,925
'
NY
the sale of. the common stock of Litchfield Co. for a base price
of $485,000.
The transaction ,has .received the approval of the P.. U.
Commission of Connecticut. and is subject to the obtaining of the
-
energy
The Connecticut Light and Power Co..
Sale of Granville Electric Co.—On July 7, 1943, Granville Electric
Co., a subsidiary in the NY PA NJ Utilities Co., entered into a con¬
tract with Central Vermont Public Service Corp. for the sale of its
pnysical properties for a base price of $24,500.
The consummation
purchases most of its power from
the
•
-
-
.
Metropolitan Edison Co.—An order of the SEC dated Dec. 5, 1940,
concerning the payment of dividends by Metropolitan Edison Co., a
subsidiary of NY PA NJ Utilities Co., was modified in a subsequent
order dated June 4, 1943, and the record in this case has been closed.
Under the terms of the June 4,
1943 order, Metropolitan Edison
-
with a further order of this Commission,
any dividend on its preferred stocks
or common stock, except out of earned surplus in excess
of $3,229,918;
provided, however, that said $6,229,918
balance of .earned surplus
unavailable, for the payment of dividends upon preferred stocks or
common stock may be reduced
from time to time, or completely ex¬
tinguished by charges to earned surplus other than for dividends
Upon its common and preferred stocks, in compliance, where requisite,
with an authorization of a regulatory .body having jurisdiction there¬
of."
At Dec. 31, 1942, the earned surplus of Metropolitan Edison Co.
amounted to approximately $7,265,000.., The action of the Commission
therefore eliminates any restriction on the payment of dividends on
the common stock of Metropolitan Edisofi Co. out of current earnings.
in
has
Reference
subsidiaries
the
this
of
of
A
for
plan
Co.^~
s
of Lexington
;
Other
Maintenance
—r.„—-,
General
taxes,
"Federal
income
Power
\
—4.—-—,
•
,
the
of
latter
Retirement
consummated during the period.
After approvals of
been obtained from various regulatory bodies, the
acquiescence therein was authorized by the Court on June 2L
had
merger
trustees'
July
effective
the
for
tion
mortgage
On
issuance
sale ,of
and
1,
bonds due July
an
"Other
income
&
order permitting to become
income—.—
application-declara¬
Interest
Co's
Gas
of
issue
new
a
bid
$20,000,000
of
Other
1973.
103.0879
The
for the bonds, 'bearing
July 28, 1943.
on
3%%
interest.
1,600.855
,
306,793
$78?127
„
■
3,692
will be
there
the
of
Electric
&
The
For
Co.—New
Coach
United
some
time,
7%
bonds
Corp.—On
Ferry
Co.
under
the
Richmond
instrument
satisfied
Staten
Island
Ferry
—V.
Co.—
Coach
free of
Co.
736.
158,
which date Texas
securities
These
Co.
were
securities
released
and
are
held
now
pledge.
of
(Associated
,
.
and
parent, Associated Electric
Earnings
and
ry.
$ •
27,280,741
$
25,403,893
13,265,233
3,558,240
3,322,766
6,543,024
2,295,967
1,732,881
30,459,540
12,882,764
2,158,097
56,853,946
52,905,343
33,134,948
14,238,522
8,427,591
...
Net
ry.
8,702,327
2,161,584
income
Fed.
value
Operating
12,857,908
Fed.
excess
Other
8,034,623
2,433,799
Amt.
420,293
135,985
108,134
12,670,461
12,869,768
3,249,229
1,927,656
132,900
2,990,781
31,980,694
29,261,396
1,781,718
7,615,759
required for taxes
Operating income
amount
paid
Net
of
rent
7,394,720
925,409
income
$32,906,103 $31,043,114
income
Income deductions,
103,749
226,701
and
♦Balance
♦Before
20,899,282
-22,654,567
4,939,957
5,657,510
1,135,778
1,060,457
290,965
281,747
income..
10,871,043
7,328,090
2,491,586
interest
indebtedness
of
of
—V.
158,
deductions
p.
__
Electric
indebtedness
ied
$7,621,422
trusteeship
and
Gas
Corp.
$7,722,508
sub¬
companies
sidiary
Assoc.
for
of
equip,
facilities
-V.
ry.
158,
1,066,105
132,821
"33,071
■
/.
; •
RR.—Earnings—
6,609,584
1943—7 Mos—1942
$8,874,099 $92,866,326 $60,841,344
5,151,432 46,039,368 35,707,722
$5,114,932
4,000,000
$3,722,667 $46,766,958 $25,133,622
3,000,000 31,750,000 10,555,000
1943_Month—1942
$1,114,932
$722,667 $15,016,958
$14,578,622
'
for.
and
(Dr).
trustees
736.
on
other
1,682,165
than certif¬
Corp.
of Associated Gas and Electric
.1
oper.
p.
income
635.
S
Government——
.
481,886
515,067
8,604,286
recoverable
from
S.
U.
;
7,960,312
1
Deferred
charges
1
145,320
——
134,586
I—'$73,967,230 $51,542,387
'
Total
Liabilities-—
v
liabilities
costs
2,399,066
2,127,148
29,761,336
3,341,699
17,600,000
12,025,674
1,868,350
17,600,000
11,340,913
Df200,941
9,244,089
Dr200,94l
$73,967,230
$51,542,38^
contracts—--
on
$6,104,078
2,773,989
3,433,178
—————-———
additional
for
$6,291,979
j.—^—I—
payable
Accounts
inc.
Fed.
for
Prov.
&
pfts.
exc.
taxes
&
'
for
result, from renego. of U. S. Gov. cont.
pay.
contingencies
for
T—
—
stock (no par)
——z—j—__;
surplus
————
—
Capital stock held in treasury (9,030 shares)—
Total
——
"Less
for doubtful
reserve
157,
accounts
••
and notes—1942, $303,450;
1941,
1265.
p.
RR.-r-Equip. Trusts Offered—An is¬
Baltimore & Ohio
of $4,000,000
sue
3% (part of a proposed issue of not ex¬
equipment trust certificates, series
offered Aug. 31 at prices to yield from 0.70%
to 3%, according to maturities, by Halsey, Stuart & Co.,
Inc., Otis & Co., A. C. Allyn & Co., Inc., Hornblower &
Weeks, E. H. Rollins & Sons, Inc., Dempsey-Detmer &
Co., First of Michigan Corp., The Milwaukee Co., Hirsch,
Lilienthal & Co., Schwabacher & Co., Stifel, Nicolaus &
Co., Inc., The First Cleveland Corp., Kebbon, McCormick
& Co,, Alfred O'Gara & Co., Singer, Deane & Scribner,
Stix & Col, Walter Stokes & Co. and F. S. Yantis &
ceeding $10,760,000)
M,
was
Co., Inc.
The
issue
was
awarded to the bankers on their
sole bid of 100.057.
1943; due semi-annually $200,000 on each Nov, 1 and
May 1, from Nov. 1, 1943 to May 1, 1953, inch
To be guaranteed
unconditionally as to
principal and dividends by endorsement by
Baltimore & Ohio RR.
Issued under the Philadelphia Pan.
Principal
Dated
May X,
semi-annual
dividends
of
(Nov.
1 and May 1)
payable in New York
Definitive certificates in coupon form in the
registerable as to principal.
Not redeemable
Philadelphia.
and
$1,000
prior to maturity.
Issuance and sale of these certificates
•
is subject to approval by the
:
Interstate Commerce Commission.
to be issued pursuant to an agreement and
lease dated as of May 1, 1943, which permits the issuance from time
to time to and including April 1, 1944, of not exceeding $10,760,000
These
certificates
amount
par
of
are
equipment
trust
have
certificates
of
amount
certificates of which $3,500,000 par
heretofore
been
issued. If
the
equipment trust certificates shall all be issued, the fol¬
lowing new standard-gauge rolling stock estimated to cost not less than
$10,760,000 is now contemplated to be subjected to the terms of said
agreement and lease: three 5,400 horespower diesel freight locomotives,
15
1,000 horsepower diesel switching locomotives, 20 Mallet freight
locomotives, 2-8-8-4 type, 965 50-ton composite hopper cars.
$10,760,000
issued initially against the deposit of an equiva¬
with the trustee.
As equipment is completed
delivered to the trustee, deposited cash may be
withdrawn in an amount equal to 100% of the aggregate estimated
cost or the aggregate certified cost of the trust equipment so delivered,
3,555,267
' )
1,958,532
V.
Schad
G.
158,
$756,663
$529,062 $11,461,691
$12,620,090
of
the
635.
Co.—New Director—
Philadelphia
p.
recent
and from
cash
time to time
whichever is the lesser.
tion
agreement and lease will provide that If, due either to imposi¬
restrictions by the U. S. Government or any governmental
of
having authority in the premises with
the trust equipment
that may be in effect
with respect to the acquisition or construction of railroad equipment,
it may be deemed necessary or desirable to procure for the transpor¬
tation services of the Railroad Company, and include in the trust,
equipment other than as described in the lease, there may be substi¬
bureau,
commission or
agency
respect to the acquisition or constructon of any of
to the removal of restrictions of such character
or
has
elected a director.
Mr.
since 1941, fills a vacancy
William Downs Anderson.—
been
General Manager of Transportation
by
of
amount
lent
The
193,605
358,269
•
Atlantic Refining
H.
Schad,
created
Gross
revenues-.
oper.
Net
...
.
2,972,622
8,483,323
—
Operating income
Other
3,327,920
3,692,679
1,320,000
_C—
—1^.—
of exc." profits tax (est.)ii—
plant facility contract,
emerg.
Certificates may be
Net
declared
&
profs, taxes
profits taxes
taxes
11,752,730
*3,388
;
$11,724,516
expenses-
$151,394
20,351
1,344,165
349,980
96,880
158, p. 481.
Operating revenues
joint
exc.
income-
oper.
"Deficit,—V.
Prov. for retirement (de-
prec.) of plant & prop.
-
Atlantic Coast Line
131,694,215 123,662,172
revenues-
oper.
Oper, exps., operation-
2,069.833
792,634
298,420
—,
railway—^
Period Ended July 31-
1943—3 Mos.—1942
9,007,472
Maintenance
3,040,252
1,386,997
291,272
—,
income^
1—
railway
from
from
1940 *
1941
$207,744
55,933
18,373
oper,
Net
Expenses
14,142,263
Miscellaneous
1942
$350,324
155,083
66,267
railway-
from
Co.
Electric Corp. and subsidiaries)
$
$
108,544,480 103,853,915
—
Total
its
to
1943—12 Mos.—1942
Revenues—
Operating
Electric
Gas
program
1943
$454,818
202,346
>•
40,302
From January
i/i—- Cr3.264.994
/
plant & equip, (less res. for deprec. &
amortization)-—,1-/^1.^—
s
denomination
/'
Net
contracts-
Prop.,
v
City
RR.-—Earnings—
railway
from
N&t
by
was
Consolidated
Gas
Period End. June 30—
.
Co.
dissolution
in
Statement
.
Co.—The
Utilities
Post-war refund
Expens.- under
and
West Point
&
July—
Gross
re¬
of liquidating the assets
completed on Aug. 9,
1943, on
General Utilities Co. was dissolved and its remaining
transferred
assets
p.
Atlanta
Gross
Utilities
General
Texas
would
returns
capital stock and $75,000 first mort¬
1937 of New Jersey and Staten Island
with Guaranty Trust Co. of New York
above-mentioned
Coach
General
Texas
of
related
the
consolidated
Light and RR. mortgage dated July 1, 1902.
By
dated
July
9,
1943,
this mortgage was
United
The
United
and
Jersey
——:
corporate
separate
and
063,000
satisfaction
the
and
to
turned
The
of
April
due
—
rates
shares of
1,000
1,
have been pledged
gage
$1,188,215
$379,685
78,000
78,000
' '
540,326 ,;'' 660,399
returns), would be approximately $1,savings to the company from the filing of
be approximately $213,000.
Based upon
such taxes and savings the net income for the period would have been
approximately $924,000.
tlncludes estimated tax savings- of $370,191
from filing of consolidated returns (partly applicable to prior periods),
of
basis
Aug.
the new plan
on
23,034
357,040
imposed by the 1942 Federal Revenue Act it
is estimated that the Federal income and excess profits taxes applic¬
able to the earnings for the 12 months ended June 30, 1943 (on the
of
basis
the
"On
savings in interest.
substantial
Gas
26,060
22,528
;
——-
,
dividends
Common
9,
1943 hearings were
of divestment of assets, sim¬
plification of corporate structure and equitable distribution of voting
power of General Gas & Electric Corp. which was filed by the trustees
with the Commission on May 8, 1943.,
General
25,390
dividends
Preferred
The bonds
new
begun before the SEC
income —
$785,820
——-
—
—
on
$1,088,920
1410,301
charges—...
13,805,080
256,377
384,453
1,021,375
$1,592,004
355,871
—....——1.—
bonds—„——
——
of debt discount and expense-
income
"Net
issue will be used to retire the funded
debt of South Carolina Electric & Gas Co., in consequence of which
proceeds
on
Amortization
first
1943, the merger of the two South Carolina companies
effective, and South Carolina Electric & Gas Co. accepted
issued
were
——•■—
-
payments
Investments
Capital
374,141
^net.)__
income
Gross
July 26,
became
a
Electric
Carolina
South
the
SEC entered
the
1943,
15,
Advance
Earned
1943.
On
4,089,915
19,916,778
and
shipments
Inventories
-
$6,690,568
3,004,000
16,054,618
2,438,462
17,958,415
Cr6,910.526
3,696,884
installations————
11—
hand
on
,
.
20,595,373
Unbilled
: >
.
1941
$4,580,906
and
/
v -
;.
"Accounts
Reserves
$1,181,703
accruals—.—
operating
Utility
V
-
1942
———
banks
in
U. .8.
5,118.571
$1,555,844
income———.
reserve
■
"Treasury tax notes at cost———
and notes receivable—!—
———.
Cash
$9,470,552
was
company
>
1942
<
1.668,775
279,147
355,985
956,449
and excess profits taxes.
operating
Utility
1 ;
>;■;
" 1
$274,255.—'V.
into South
Co.
:/
-
the policy of including in its
of profits or losses on uncom¬
••
—"
-
payment
for
provision
Consolidated Balance Sheet, Dec. 31
Provision
,
,
Ended June (50
gas
———
an
Assets— '
Accrued
1943.
recapitalization
the
and
Co.
Gas
&
Water
revenues
operations
•'
followed
estimate
has
company
from
\
Sept. 8, at the offices of
.
Operating
Operation—Natural
and
notes
including pro¬
expenses,
pleted contracts as ,the work progresses.
,
:
■.
1943
>
—————»—$10,872,019
purchased —--I—
6,055,820
'
previous reports to a proposed sale of
Co. and Lexington Water Power Co.,
& Electric Corp., to the South Carolina
its expiration on June 30,
merger
Electric
Carolina
the
the
Note—The
results
■
;
and
accounts
general
and
$8,910,000.
1941,
$1,320,000;
proceeds from the sale of such securities are
(a)
to
redeem $5,875,000
general mortgage
Earnings for 12 Months
General
agreement prior to
'
share_---^/_-w_/—*'V, '.$4.62
administrative
doubtful
for
$9,244,089
•
$6.33
$11,340,913
of year—
selling,
resulting from renegotiation of government contracts,
tlncludes excess
profits tax:: 1942,
$11,890,000 after deducting post-war refund of
such .stock to .be sold for .not less .than
dividends thereon from Sept. 1,
$100),
(par
general funds for this purpose.
7
• A hearing on the matter will be held on
the Securities and Exchange Commission.
for a base price of $40,000,000.
Subsequent
contract, however, a legal obstacle not within
Gas & Electric Corp., prevented the closing
the
vision
to be used as
bonds,:; 4Ms %
series, due 1955, at 104 plus int.; (b) to redeem $2,150,000 general
mortgage bonds, 3Vz %
series, due 1961 at -104Va plus int.; (c) to.'
redeem 13,000 shares of its 6%
cumulative preferred stock, ($100 par)
at. $110 per share plus divs., and (d)
to pay the expenses of such
financing.
In the event that the .proceeds of sale of the new .bonds
and new preferred stock are insufficient to redeem all of the generals
mortgage- bonds
and outstanding preferred stock and to pay the,
expenses,
the deficiency will be paid from the general funds of the
company.
'.
-v.'
; '■
;•
In addition, company proposes to deposit with the-New York Trust
Co., as successor trustee under the indenture of- mortgage, • securing
its presently outstanding first mortgage 5%
50-year gold bonds, due
June 1, 1947 (outstanding in the principal amount of $306,000,' as of
June 30,
1943),. an amount sufficient, to pay the principal of all of
said bonds presently outstanding, together with the Interest accruing ,
thereon to the expressed maturity date thereof.
Company will use its
Authority
signing of
control
the
Gas
to
The
follows:
Gas
&
General
Service
Public
in
Water Power
Co.—Lexington
Gas
&
made
Electric
of
pay
or
Electric
been
Carolina
South
to
declare
Carolina
South
•
accordance
to
Co., "except
is forbidden
stock
value thereof plus accrued
the date of purchase.
par
1943
30, 1943, The Associated Corp.,
by the Court on June 21, 1943, was
transferred in dissolution, subject to
'
to
1943
the
June
Corp.—On
Associated
The
"After
covering
amount thereof plus accrued interest thereon from Sept. 1,
the date of purchase; and (2) 20,000 shares of 5% cumulative
preferred
' ''
Corporate Developments
pursuant to an order entered
dissolved, and its assets were
its liabilities, to the trustees.
on
company
principal
approvals
necessary
jurisdiction.
regulatory bodies having
from
obtaining
to
subject
is
transaction
the
*of
Surplus at end
Earnings per common
Aug. 26 '• filed with the SEC an application and
the following .transactions:; 4 -. *
' *
Company proposes to publicly invite bids in accordance with Rule
U-50 for the purchase of the following securities, which it proposes to
issue
and sell:, (1)
$7,500,000. .first mortgage bonds, due 1963, the
interest ^rate to be fixed by the successful bidder and in no .event
to exceed 3Vzr/o
and such bonds to • be-sold-for not less than the
The
declaration
of the SEC and the Court.
The Litchfield Company serves
in the State of Connecticut and, at the present time,
approval
electric
Financing Proposed—
Atlanta Gas Light Co.—New
fox
retirement
of
Atlas Plywood Corp.—May Split Up Shares—
A proposal to split the common shares two for one is expected to
be
presented to stockholders of the company this month, possibly
before the annual meeting.
At the same time it is likely that the
preferred stock will be called for redemption.
There are 141,562 shares of common now outstanding, and 52,811
shares of $1.25 cumulative preferred of $20 par value.
The latter are
callable at $27 per share.
tuted
under
the
trust,
other
new
stock,
other than work equipment,
company.—V. 158, p. 856.
standard-gauge
of
character
railroad
approved
rolling
by
the
Bandini Petroleum Co.—Earnings—
6
Net
Months Ended June 30—
income
.
after all charges &
per
share
on
shares of common stock
Earnings
"Loss.—V.
156,
p.
1686.
taxes
1943
$132,734
1942
$75,255
1941
"$23,087
662,500
—
$0.20
$0.11
Nil
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4209
158
The
directors
and
26 declared a divldehd of $1.25 per share >
preferred stock, par $100, payable Oct. 1 to
holders of record Sept. 7.
A distribution of $2.50 per share was made
on
the
on
this
Aug.
on
5%'cumul.
and
April
July 1, last, compared with $1.25 each on March 10
1943.
These are the first dividends paid since Oct. 1,
1940.
beginning Oct. 1, 1941
ending Dec. 31, 1941.
Arrearages after the payment of the above
dividend will amount to $8.7b per bnare.—V, ib8, p. boo.
dividend
just
$951,008;
plant
structures,
declared is for the period
and
& Western Ry.
for depreciation and revaluation of $1,trademarks, $1; deferred charges,
reserve?
$163,406;; land
purchase
1941
$838,723
$584,370
$269,741
Net
from: railway™
from railway—-—
403,5/2
296,725'
116,303
'
Net
ry.
income—
114,853
136,837
64,040
\
Gross
oper.
From January 1-*
from railway—,.,,
5,741,488
2,793,156
3 931,952
2,055,010
729,578
1,403,883
'397,503'
income—.
♦Deficit.—V. 158, p. 481.
ry.
oper.
Gross
from
Net
from
Net
ry.
Gross
1942
1943
T
•
943,560
railway
January l—
;
<•
300,545
Net
from
Net
vy'. oper.^income!—
719,836
P./481.
"
/
/•,
Aug.
$9,662,849
5,957,338
731,805
67,833
50,000
■
309
309
'
$170,137
$139,980
$2,060,982
640
12,843
$171,661
$140,620
$2,073,825
47,774
50,227
591,261
$1,482,565
Diyldends applic. to pfd<-stocks-for, the period
426,808
—
revenues-/
inpome
(net) r A;
oper....
Other
A™
Gross income
:
Inter.,
1,524
etc.,- deductions-
.
.
600,0Q0
3,707
the
A-AA-
income
$123,887
•»
■
7,647
$1,617,714
/
A-*-A—™T—-—.1————
—V.; 158,
543.
p.
\ '/•;.
...
.
$1,055,759
'/".'
'
,
'*./ v/y (Formerly Heckers Products Corp.).
Comparative Consolidated Income Statement for
/-v ■' -.'
•
-ur'
3 Months Ended
Ended June ,30 ^
Dividend
'i>
1943- A;/
1942,..::
Sales, less; returns, allowances, "discounts: and",
v/,. /
outward freight
—1A-—$61,460,994 $47,137,182 '
♦Cost of goods sold-^v-—_• ,48,7.29)301
35,321,212
:•
-. -
tNet
•
Gross'; profit
Selling,, distributing,
1
general expenses
Expenditures
(less
income)
.$583,234
officers
of soft
dation expenses)
with
connection
in
•
rPrqfjts
asset
1942
from
.
Unused
operations
♦$107,634
provided from income
reserves
13,472
14,422
24,284
$94,162
109,910
87,918
the
values
of $230 in
amount
losses on
or
years,
no
longer •required™———————— -'.•■
Interest
on
bank
Miscellaneous
Profit
loans
/•'.'-
before
(3)
""
.
$71
tExcess
for
Federal
profits
Provision
for
Canadian
&
income
$3,801,482
-1,898,361'*'- *1,007,747
taxes
——————A-——
taxes,:
727,200
*
.
contingerictesAA'A-."
■
Federal, income
that the tax
would
893,100
be
on
3utro
E.
July
/
tNet
profit
•
.
*—•
•
$2,579,524
—
§ Amount applicable to minority interest in The:
Best Foods, Inc.
(Del.).,i_!,_.
-
277,043
'
sold
'
applicable to outstanding
The Best Foods, Inc. (N.
profit
stock
of
Earnings
per
J.}—
depreciation of $565,786 in 1943
deducting
$660,592
•
$0.44 4
$1.64
1943
and
and $507,491
in
the
six
six
months ended
July 31, 19431
cash1'on demand deposit,
interest
ended
year
for
months
for
capital
;'
.•
,:'
•
31,
reacquired
•
but
not 'yet
:
Notcs^—(l)VAs at Nov,
Foods,
Products
Corp.
June
1942
30,
restated
ing
stock
common
Best
of
Foods,
published
the foregoing
in
consolidated
a
The
and
heretofore
statement
profit
separate
on
Boston & Maine
-
revenues_-L„.
$7,388,096
reported
in
oper;
$1,928,467
revenues.;.-
.'fucA™™—
Taxes
'
Equipment
rents
'(Br)-A'*
Joint
,
rents"
(Dr.)A /"
fac.
/ 216,306
the
of
foregoing statement of profit
operations
i
of
Canadian
subsidiary
translated
into United States
prevailing
during
the
i
and
loss
companies,
involved,
Balance
includes-the
which
have-
beenf
/'•'!' ,•/•/'
Sheet—June
■
30,
1943
;
.
Liabilities—Accounts
for
Federal
$3,129,839;
able,
bank
July 22,
payable
loan
1943,
and
Canadian
and
(current
$749,884;
accrued
income
installments),
bank
loan
$2,476,825;
expenses,
and
$428,568;
(due
semi-annual
in
re¬
profits • taxes,
dividend pay-'
excess
install¬
161,335
$1,183,572
$7,446,667
747,340
802,631
,134,130
$214,284), $2,357,148; reserve for contingencies, $1,418,800;
special retirement benefits, $232,779; common stock ($1
par), $1,500,000; capital surplus, $14,352,878; earned surplus, $4,474,925; total, $31,121,646.
"
,
;
...
.'•■.,•
.
,
,
! Note—Included
the
have
amount
been
in
above
the
of'*$562,340
translated
into
of
sheet
Canadian
United
net
are
subsidiary
States
exchange prevailing on June' 30,
currency
1943.
Only
current
sales
of
the
official
/
-
,
.
.
't
1943
;
1942
$3,041,047
>.
expenses™
1,570,794
,$361,701
general
Profit
from
expenses.
197,590
in
routes
qnd
On
the
link
lri
nation
Chicago,
Aug.
are
1,
Braniff
expected
City
2,573,301$467,747
*
208,344
...
$164,110
of
and
Income
Provision
Net
Federal
for
'•
its
its
on
service
Laredo,
Oklahoma
Atlanta,
to
as
City to
Houston, as-well
to
income
$182,633
$261,276
19,633
taxes——A.
•
125,963
-The
company's
per
share—:
common
is
an
Vision
provision
estimate
forithe
provision
based
same
reported
•
Assets—Cash,
counts
and
inventories,
of
life
refund
,
for
.—...
$0.14
.
:
the
on
Revenue
Act
Balance
U.
receivable
Sheet, June
taxes
for
in
now
the
1943
effect.
period
The
pro-
principal
service.
system
distributing
Extension
uf
its
.
of
to
also
a
feeder
centers
S. Treasury certificates, $100,000;
ac¬
(less
reserves
of
$108,527)/ $482,545;
owned, $1,000;
$10,450; amount to be
insurance,
policy,
of
profits tax,
$4,0C0;
land
(less
Colo., and flightsextension about Sept. 1.
San
■
cash
Antonio
and
and
the
to
Europe
Results of
the
Canal
is also
for
within
the
the
Amarillo
development
trade
areas
initiation
Zone,
the
of
surrender
value
Total
2,750
'
2,750
2,750
2,750
•
Burns,
6,000
Francis
5,000
Wyatt,
&
I.
Bingham}
5,000
Co.—
&
&
Co.,
2,500
Wag-
2,500
Walter
&
■>
2,000
*
Singer,
3,500
A.
E.
.'•! 2,000
Deane & Scrib_i_
ner
Murphev,
3,500
.
&
George D. B. Bonbright
8c Co.'
*
'3,750
Co.,
2,500
'
-
Hurry
>.;4,000
Calif.-—
Co.—
Pont
—
5,000
5,000
Co.,
2,500
&
Neal
Co.™
4,750
" 2,750
:
•
—
du
goner
Co.—
•
Bond
Potter
Co.
& Co.
2,750
2,750
2,750
Co.-
———
6,000
,
&
Weltner
&
' *■>
&
2,000
4
_
Favre
Co.
Co.—
,
1,750
1,500
•
Westheimer & Company
-
•
Herbert
of
Net
B.
1,500
1,500
White—
Income
Years Ended Dec. 31
1942
1941
1940
rev.—
$2,252,844
$3,765,792
$3,381,926
$2,660,509
expense-
1,568,451
2,965,626
^3,496,501
2,647,866
$684,393
$800,166
•$114,576
$12,642
37,346
41,924
41,885
79,926
$721,739 / $842,089
*$72,690
$92,568
oper.
Operating
oper.
rev.,,
income
,
income
—_
296,546
income
329,207
11,521
17,636
$512,882
*$84,211
$74,932
-
$425,192
—
.-v'
■
Assets—Cash,
1943
U. S.' Treasury certificates of indebtedness,
receivable, $1,295,230; accrued interest receivable,
$231,532; total investments and other assets, $600,-
inventory,
694;
June 30,
Sheet,
$91,558;
accounts
plant
property,
equipment
and
depreciation
(less
of
$857,420))
$878,859; deferred charges, $300,007; total, $3,648,576.
Liabilities—Accounts
(net),
$11,336;
bilities,
payable,
Bond
$254,462;
traffic
allotments—employees,
balances
$3,710;
payable
accrued
lia¬
air travel contract deposits, $90,525; transportation
used, $10,154; deferred credit, $259,422; capital stock
not
$2.50),
(par
War
$648,337;
but
sold
$1,000,000;
paid-in
"
$795,627; total, $3,648,576.*
surplus,
$575,000;
„
,
earned
A
/
surplus,
.
//Air Mail, Express and Passenger Traffic Gains—
Volume
-
to
carried
mail
air
of
Gulf
the
System
in
over
the
was
July
nearly
Braniff
Airways
treble
the
Great
amount
Lakes
moved'
during the corresponding month a year ago, according to O. G. Adams,
Secetary-Treac,,rer.
The airline ctried 532 056 gross pounds com¬
pared
pounds, or an increase
mail pound miles flown al*o
to 201,811
Number of
of
186.64%,
showed
an
•
increase amount¬
ing to 183%, according to Mr. Adams.
During July, 1943, Braniff flew
209,950,419 mail pound miles as compared to 73,932.000 in July, 1942.
The increase in express pound miles flown was almost equal to the
increase
air
in
increased
from,
July
express
of
were
"Braniff
mail.
July
this
up
records show that - express pound miles'
that month Ju 1942 to 73.991,039
during
30,785.000
increase of 140.35%.
Pounds of air
94.18%, according to comparative monthly figures.
4,181 more passengers in July this year than were
year,
or
an
carried
cargo
carried
during
Caribbean
10,451,
an
the
cnrresnondlng
increase of 40%," Mr.
month of
19^2,
or
)A 632
as
against
Adams stated.—V. 158, p. 885,
contemplated.
Brazilian Traction, Light & Power Co.,
Operations
Ltd. (& Subs.)
"
:."$-of.
A •;
; p
Sched-
;
:
,
,
• Revenue
'
Calendar
ules
.
% of
f
,
Avail-
.
Passenger
able
Revenue
Express
•
'
Pound
,1935™™., 2,222,000
Seats
Miles
Com-
'
Period Ended July 31-~
Pound
Miles
Occu-
Flown
Flown
pleted
Miles
Flown
Flown
pied
(000's)
256,450
Gross
55,591
earns,
(000's)
,90.7
3,792,000
.
25.1
"
—Earnings:—
Mail
Miles
1936~_
2,537,000"
94.3
'9,663,000
40.9
388,881
91.1
' 42.2
374,967
108,568
2,692,000
97.1
9,987,000
13,504,000
51.9
423,907
19,816,000
58.9
501,758
96.5
36,030,000
46.5
542,342
169,780
5,575,00 0
93.9
45,989,000
47.5
6 6 7,770
222,714
-.4.2°0.nO0
95:7
50.->90.090
-P7A
l,l18'1i>
Net
from
oper.
expenses
earns,
A
194":—Month—1°42
l04'>,—7 Mos.—1942 $4.0"8.703 $29.3°0.0"2 $26,700,174
2,057,043
1,870,585
13,234,293 12,519,805'
$4,507,845
fbefore de-
and amort.)_
482.
$2,450,799
$2,168,211 $16,035,723 $14,180,369
120,219
97,4
Operating
93,769
2,442,000 '■
.1938
1939
...
.
3,487,000
'
1940—4,667,000
,1941
♦1943
1,823,000
♦Six months
ended
92.6
June
3Q„
28,753,000
•
^
-
-
90.1
,/;...
991,707
'
388.626,
307,350
,
received
for "post-war
Purpose—Present plans call for using the proceeds of the financing!
approximately a? follows;
• - •
-
for
(a)
For
purchase
of
additional
equipment
necessary
to
prec.
—V.. 158,
p.
Brown Co., Berlin, N.
125,870
reserves
depletion
2,750
Co.—
&
Co,—
Bankers
Inc.
June 30,'43
during
program
lines
served
services
South America and
/
1942-
30, 1943
securities
Its
Texas
1937
.
$423,145;
excess
income
$0.15
-
period last year is $20,037 less than the estimated
in the 1942 interim, report.
$521,723;
notes
Federal
flown.
Oklahoma,
Chicago to Detroit.
include
plans
comprehensive
a
the
Year—
$112,572-
.♦Including provision for depletion and depreciation.
Note—The
22,740
.
61,000
$102,000
—A.™
—
with
Denver,
Texas,
Amarillo
from
1,873
!
■
—■
income
Earnings
'
•
—____
charges
miles
passenger
Denver
largest
fifth
company has pending before the Civil Aeronautics Board appli¬
cations for extensions of its service from San Antonio to El
Paso,-
$259,403
18,523
*
income
capital funds
the
now
&
A. E, Masten & Co.-,
-
Statement
through-connecting lines, with Latin America.
extended
start
to
the* number
Kansas
the Southwest,^ and
is
company
*
operations__!.^_-.__iA—
.A
—
concur¬
air transport for
passengers, mail, express and
anticipated following the termination of the war.
1930,
Kay/ Richards
The
Torrey
♦Deficit.
rently by the company to its stockholders and by the
underwriters to the public generally, comprised 400,000
shares of common stock priced at $12.75
per share.
The
issue has been oversubscribed.
Braniff thus becomes the
Company—Organizedv^ip
Granbery, Marache &
Lord-—.
5,000
Herrick
$594;
of
2,750
be¬
nation-wide group of asso¬
a
offering, being made
2,750*
Inc.—
3,500
Net
is
!
Co.,
Wyeth & Co.—
Balance
.
Total
&
&
'
!■•;„,..
Offered-—What
Co—-A—
&
6,000
&
of
3,000
3,000
6,000
the
ciated underwriters A The
Islands,
Income' credits
Inc.—Stock
;
Inc.—
Co.
Inc.
by F. Eberstadt & Co. and
of
and
Airways,
'
profit
Selling
Co.
3,000
•
3,000
3,000
Co.
&
•
& "Co
Co.—
&
3,000
Parsons & Co.
Schwabacher
&
Bradford
$250,000;
airline
rate
$1,932,495
v;
,.
Corp.—V. 158, p. 766.
Sons
Searl-Merrick Co._.
Parker
Baker
3,000
3,000
&
6,000
Boyce_,'
Wisconsin
C.
Gross
RR.
Sons
Bateman, Eichler & Co.
$5,494,119
The
Report—.
—/
products sold and delivery
Gross
&
Scott
largest public financing to date of a
domestic air transport company was undertaken
Aug. 30
: ?
which
companies
at
Lowell
Garrett
Christensen,
6,000
Clark
Barrett
"-
"
•
$5,630,473
.
&
Co.
Watling, Lerchen & Co.
6,500
Maine-RR.—Acquisition, Etc.—
&
be
to
cargo,
small
a
Corp.—Semi-Annual
6 Months Ended June 30—
♦Cost
Braniff
lieved
assets'
proportion of
these net current assets- is presently realizable ' in United States cur-"
rency because of exchange restrictions.—'V.' 157, -p.-',2444. ""'•
^■!.•/ '} ■'•
Blue Diamond
W.
Other
$903,079
*
6,500
-
L.
Pacific
2,828,484
$647,492 /.,
&
3,000
">'"J \
"
V 3,000
&
—:
Lester
Deductions
&
Nashua
use
.,:
s
balance
$8,322,603
2,563,534
to enable it to provide for the extensive increase in the
for
reserve
$8,194,007
3,000
Co.—-,—" '
Edwards
G.
6 Mos. End.
.,.414,623
&
Nelson Douglass & Co.
Reinholdt & Gardner—
81,014
$1,317,702
3,000
Co.™
&
3,500
3,500
Peters, Writer &
8,000
'
'
Inc.,
Schoellkopf
! Graham,
8,000
$7,519,972
%
Shares
Co.
Chanute,
& Co
Estabrook
,
<
Co,
A.
■
respective
—,
Goodwin
&
to
stock*
""
Securities
8,000
Lemon &
Bros,
The
the
.
Ferris -Exnicios
Co.
'
first of the major airlines to increase its
of
ments
Net
766.-
p.
-
Brothers
Stix
A_—!''
„
Alstyne, Noel
(less-
marketable
serve
See
.
mar¬
$406,169), $3,393,481; employees' working funds, etc., $21,products, raw materials,, goods in process and sup¬
plies, $13,320,912; stocks of other companies,, mortgages, long term
notes
and
accounts
receivable,' (less reserve of $53,596), $199,'316;
post-war excess profits tax refund, $168,800;. land,, buildings, machin-ery,
equipment, etc/, (less reserves for depreciation and for adjust¬
ment of plant values of $11,491,944), $7,536,500;
goodwill, $1; deferred"
charges and expenses, $363,282; total, $31,121,646.
;•,;.
'
of
158,
Boston
.
of
reserve
in
—Y.
/AA™
......
Assets—Cash, $5.247,144;-Government bonds and notes (quoted
ket values $771,000),
$770,092; accounts .and notes receivable
,,
Net1 income"
■
and
follows:
Putnam
Co
Grubbs,
*
.
,
818;
—
Richards
J,
other
6,000
Redpath
28,037,049
and
offering
8,000
a
would
group
,
Cruttenden
9,000
Company-
Kidder
Alfred
results;
at the official Irate of exchange .'
currency
years
Consolidated
*
Co.
Auchincloss,
$43,240,473
a
such
purchase,
' Doolittle
8,000
Spencer Tra?k & Co.™
E.
as
to
Loughridge
10,000
-
J'/ 362,134
The
to
Robert
Co.,
&
Van
22,376. 'A--15,490
a
■
,
.
who
Bosworth,
Wagenseller
-
&
Stein
"
(2)
M.
'
34,021,748
at
,
"
Robertson &
Riter
$2,331,616 $15,755,466 $15,203,424
877,269
6,360,687
5,582,601
255,285
1,786,777
2,019,837
798,188
June
•
&
Tully
&
Cohu
Net
to
Loewi
A.
1943—7 Mos.—1942
$6,523,439 $49,777,214
directors,
Bond
10,000
Peabody
Johnston,
*
of
On
Okla¬
1,500,000
.
pursuant
Hill
Sons,
Sherrerd
Pancoast
received,. $42,240;
'/
•
•
-
expenses!!_u -"-5,459,629/-4,191,823
Corp., as
published accounts for/the year ending-•
Net> ry; oper; .-income • * $891,597
30, 1942.
The difference of $199,029 represents the excess of
Other- income (A-A.A'.18,029.
Hecker Products Corporation's proportionate- share of the profits
bf/
The Best Foods, Inc. (Del.)' over the amount-of- dividends actually
•/ Gross income !!/!_/
$1,009,626
received by Hecker Products Corp.
.
/ V!.
Deduct., (rtls. int./ etc.) '
heretofore
•
1943—Month—1942
-
Operating
been '
have
basis, thus show¬
the outstanding
compared with $461,563
Hecker Products
RR.—Earnings—
Jnl'y 31—:
Operating-
ended
year
board
of
to
8,000
&
Dewar,
"
for .the
statements
applicable
Period Ended
t
consolidatd
a
$660,592
of
(Del.)
Inc.
as
&
Hill
19,
(N.
Inc.
State
stock
'
10,000
Inc.
stock
.
1942, Hecker Products Corp., now named!,
J.)/acquired the 29% minority, interesttheretofore outstanding in its subsidiary, The Best Foods, Inc. (Del.).
The Best Foods, Inc..(Del.) -was liquidated as at Dec. 31,-1942.'
For
purposes of' comparison;
the result? of operations of Hebker *
Best
Company
Bankamerica
..
The
outstanding.
of
underwriters
as
16,000
Durst,, Inc.!™—'
Equitable Securities Cor¬
poration
payable, $109,910;. total, $227,850.
assets—equal tp $15.91 per share on 686,012 shares of $1 par
capital stock (exclusive of 2,727 shares in treasury) outstanding
July 31, 1943, $10,917,565.—V.-157, p. 2211.
•
at
the
17,000
11
&
1943,
stock
-
Ames,
O'Melveny
//
-
Outstanding
'
Incorporated-,
Emerich & Co.,
pany,
Net
,
were
company,
18,000
Company__ '
Hawley, Shepard & Co.
A. C.
Allyn and Com¬
Mitchum,
J $375,550;
.
com¬
1,000,000 shs.
Nashville
&
Kidder,
value
in
The
shares
'20,000'
Co._
Rollins
Butcher
expenses,
Jan.
capital
.
the
of
names
Incorporated
July 31, 1943,
Assets,
dividend
1942.
estimated
$88,000
for
receivable, $19,516; receivable
yet delivered, $411; total, $11,145,415.
not
payable
post-war excess profits refunds of $80,800 •
1942.
^Including the entire net profits of The '
Best Foods,
Inc., (Del.),- prior, to its liquidation;
'IOutstanding dur-•
lng period to Nov.- 19, 1942. '>
■; ■•. :!'
' ■
in
accrued
H.
Shields
$1,050; accrued Federal income tax
$11,216; other taxes accrued, $2,434;
payable to broker for securities purchased but not yet received, $61,000;
for
v•■"•
•• •
$2,460,704
•
share.!!..
common
♦Including
tAfter
>'
"
common
and
but
Liabilities—Accrued
,
Net
been
v
Net
Assets—Securities; $10,549,937;
dividends
1118,820
has
income for the
on
Statement of
$937,635
-
tax
approximately $8,900.
-
■
of
234,428
Pierce,
Beane-A__'
Boettcher and
July
mated
963,000
.
525,511-
r
1
directors
purchase
: "
16,000
Jack- /''■
&
Curtis_^_„_
16,000
&
Co.!____j
11,500
son
in
•;■■>
31, 1943, on the basis that.the company expects to elect
to be a "regulated investment
company," as defined, by the Internal
Revenue Code, for the year
ending Jan. 31, 1944, and to. distribute
all of its, taxable income
during such year.
If, however, the company
should:not-elect-to be a'"regulated investment company," it is esti¬
for contingencies and-for
prov.
No
ended
52,744
53,885
$5,730,596.
Provision
211,406
par).
Webber,
'
,
—JDr54,750
income
which
have waived their rights
also waive their rights.^-
&
&
Paine,
79,799
;
and
1943
the
.
Eastman, Dillon & Co.
Otis & Co.__.___A_.
$101,282
,
investment securities.
share
per
Courts
Purchases and sales of investment
securities, other than Govern¬
securities, aggregated $679,024 and $191,675, respectively, during
the three months ended
July 31,1 1943, and $965,263 and $645,180, re-"
spectively, during the three months ended April 30, 1943.
prior
in
of
Lynch,
Fenner
$115,704
ment
$3,537,332
$5,731,461
——————
($2.50
Eberstadt & Co.
'
(2)
Profit
all
underwritten by them are
Merrill
31, 1943; April 30,
1943; Jan. 31, 1943,-1942 and 1941, and on July 31, 1940 and 1939,
were,
respectively, $15.91, $15.74, $13.98, $12.02, $13.16,' $13.25 and
$15.16. ' ••• r
•- •■ ;•••'
:
-'
• •• ':
■ : •'■"
•
<••.
■
Underwriters—The
1941
$103,043
income in
of
Net
—.
par),
stock
and
to
may
amounts
F.
*$127,327
<*
AAA/™/A—AAA!—
iExclusive
•
($2.50
common
stockholders,
///■
1943
A™~A—
income
Notes—(1)
.
drink "Par" (inch liqui-/•
•
T."\- ://"'.>/•'
—J_A™!!—— A——' /' —A-- -.
142,674 -
.promotion
•,
1942.
"
*
'--v/i-
•
^Includes interest
$12,731,693'$11,815;970'
.A
•'
™.—7,000,232
8,135,964*
advertising,' admin. " and.
1
July 31—
—•!.™—
Dividends
.
™
.
Inc.—Earnings—'/".'
Expenses
'
'
income
par)
Shares
Boston Fund,
.
Years.
stock
entitled
"
(The) Best Foods, Inc. (& Subs.)—Annual Statement—
Authorized
1,500,000 shs.
<:■'<"
($2.50
financing."
be
429,174
,
of
1943, the capitalization consisted solely of 400,000 shares
capital
holders
Balance
2,000,000
,
of
The
Net
'
"of
initiation
;. Offering
to Stockholders—Company is offering its Stockholders the
right to purchase, at the public offering price per
share, two-thirds
of a share of common stock for each share
standing in their names
at the close of business on
Aug. 21.
The purchase right will expire
at 3 p.m.,rE.W.T., on
Sept. 4, 1943,
•,
«
$1,610,057
.
for
special meeting held Aug. 19, declared a stock dividend in the
amount
of 200,000 shares of common stock, •
equivalent to one-half share for
each
share outstanding..
This
dividend ■ has, been
paid,
with - the
result that 600,000 shares of common stock
were outstanding prior
to
759,932
3,707.
'
\ ooo 000
required
1943, company filed with the Secretary
certificate changing its authorized
a
shares
$1,012,408
of
j
19,
homa
605,305
$90,393
approp.
limited term
equipment
,
of -common
1943—12 Mbs.—1942
807,299
724,831
$2 000 000
/
foreign route operations
stock
At June 30,
64,822
of
system
Capitalization, Giving Effect to Present Financing
'
'•
68,520
Net
11,842,431 ' 11,192,976 /. 8,776,624
4,374,394
5,613,070
' 4,081,263
1,880,229."
4,603,186
3,206,189
10,251,,817
1,434,552
*
$850,157 $U,104,469
518,233
6,881,918
76,813
625,732
62,500
-
!
retir. res.
Amcrt.
$2,100,632
1,351,491
1,053,819
-
$973,927
604,628
taxes
taxes
Prc-p.
-
railway——
railway
1A_
158,
Other
.
from
—V.
Federal
1940
If
,
$2,342,759
1,511,501
1,163,093
$2,311,897
1,218,176
526,261
$2,144,350
__
income™
1941
1943—Month—1942
expenses
.-
•
31—
revenues.—
Operating
investments
railway-
oper,
From
.<
■'■!••
-
■
Period Ended July
Operating
*5,591
Bessemer & Lake Erie RR.—Earnings—
•July—, f
purchase
proposed
.
•Earnings—■
feeder
area
Listing—Application has been made for the listing
pany's shares on the New York Stock Exchange.
'
1,669,595
718,561
335,917
'
806,530
For
Common
Birmingham Electric Co.
38,464
,
1,898,511
Net
Net
(c)
credits, $18,627; capital stock ($2 par), $1,458,6*6; capital sur¬
plus, $322,629; earned surplus (since Aug. 13, 1935), $978,361; total,
$3,711,960.—V. 158, p. 543.
$ie6,6l6
Gross
from, railway-,—_
trade
obligation,
ferred
1940
1942
•
•
cargo traffic requirements and
modernization
of
ground
and
communication
equipment on domestic routes™,™™™!
For purchase of equipment incident to
operation of
(b)
Liabilities—Accounts-payable,
and
passenger
for
„
patents,' and
—Earnings—
1943
.July-—'
meet
total, $3,711,960.
.
Beaumont Sour Lake
945
machinery,
$8,700; notes payable to banks, $70,273; Federal taxes on income (less
U.
S. Treasury notes,
tax series, to be applied thereon,
$200,000),
$107,072; other accrued taxes, $73,588; accrued insure nee end pay¬
roll,'.. $41,408; notes payable to banks, $413,472; reserves, $55,798; de¬
,
.
,
The
$878,900),
(less
equipment
$124;359;
on
1,
of
935,994),' goodwill,
conv.
.
issue
revaluation-
and
Bangor & Aroostook RR.—Accrued Dividend—
H.—President Elected—
the election of Fre-'e-ic G.
He has been associated with
months as special assistant to H. P,.
Kendall
who
as
Chairman of the Board served as chief executive,
pending the election of a President.
Mr. Coburn becomes t*e first
President of the company since its reorganization late in 1941.
Other officers* were reelected as follows i E. H. Maling, Vice-Pre i ^nt.
in Charge of Finance and Accounts,
and Treasurer; W. L. Campbell,
Aug. 27 announced
Coburn of New York City as President.
The
the
*
company
company
on
for the past eight
Charge of Sales; R. W. Bowden, Assistant
Assistant Secretary; R. H. Marshall, Comptroller; J. B.
in
President
and L. A. Pierce, Clerk.
•••.»,
All present members of the board of directors were reelected and
Mr. Coburn was added.
The directors are: Robert Braun, Portland,
Net
Net
ry.
Blair
B. Challies, Montreal, Canada;Fahey, Swampscott, Mass.; G.
Montreal, Canada; John J. Hagerty, Boston, Mass.;
Boston,. Mass., and Laurence F. Whittemore, Pembroke,
Gordon,
H.
P.
Kendall,
N.
,*3,377
*64,795
*67,808
Net
ry.
1,050,300
*297,005
1,412,500 f
97,863'
*684,563
railway
from
Net
1940
'
Other
*450,421"
income.—
104,236' •
*335,014 v
company's reorganization was
Corporation loan which has
The
effected through a Reconstruction
since been reduced substantially,
July—
propriation
The
the
for
figures on opera¬
available for the
that due to the fact that
1943, were not
announces
company
tions
ended June 30,
year
Net
meeting of the board of directors held last month, no
was
taken.
This year the company paid a dividend
of no
stock
A
class
Canadian Pacific Lines
cents per share
Net
from
Net
ry,
July—
v; ■:
■
30,528
7,034
From January 1—
from railway——
Net
Net
ry.
railway
from
income—
oper.
158,
"Deficit.—V.
7,463
Net
—V.
:
Ended—
701,132
6,993
*104,704
704,465
74,610
25,586
'''''
-
profit on sales——
commissions and other income
.
4,583,823 *
$128,503
$139,164
—.
40,268
and
expense—,
4,564
626
61,561
25,467
—:———„
$84,873
$131,155
income
net
parent
with
"Consolidated
provision
tThe
company.
realty
(which
Without
:
160,856
revenues..
(net) !—
579
319
A
$367,503
$296,550
$4,125,297
deductions.
139,049
136,779
1,613,660
income
income
etc.,
$296,231' $4,098,914
,
$1,258,147
Balance
158,
directors
The
on
Aug.
declared
31
'= •'■
v.
158,
2038.
p.
1,599,616
revenues-^—
Operating
$2,775,542
$2,755,024
982,458
Operating
991,980
expenses—
taxes)
come
$5 653,109
2 ,061,500
$5,686,824
1,998,506
656,421
676,797
302,258
349,054
Net
tric
plant
329,520
333,002
103,500
,345,480
169,498
of
$1,219,286
$1,010,530
revenuee.—
lease
for
138,000
profits.-
excess
oper.
Rent
taxes—'
income
"Federal
191,520
24i;980
federal
,
$2,432,688
$2,336,521
239,226
239,294
$890,883 ' $1,099,651 ' $2,097,295
$2,193,394
'
Income—
Net
operating income
income
'
19,946
17,732
$1,079,705
$2,079,563
362,185
535,502
810,722
1,090,681
deductions—.__
income
$544,203
$523,174
"Provision for Federal
of credit
$157,874
$139,652
11,035
12,407
5,715
ended June 30,
—V.
157,
12 months ended June 30,
$11,502;
1942,
2445.
p
Other
for
eral
Net
Calumet
&
Hecla
Consolidated
Pay
Co.—To
Copper
20-Cent Dividend—
loss
Net
stock,
common
like
par
amount
was
a
dividend
payable Sept.
$5,
disbursed
on
June
of 20 cents per
667.
of
& Indiana
Cambria
from
Net
Net
ry.
railway.,—
$186,289
80,951
43,225
109,676 u:
oper.
Net
$116,404
29.862
75,934
63,545
railway.
railway..
from
ry.
$159,932
1,069,218
1,235,479
290,005
579,061
392,927
income
482.
220,246
496,645
490,059
oper.
158,
858.830
1,023,287
p.
56,519
-
Common Divi-
and
Some
of
initial
dividend
stock,
V.
155,
of
payable
pp.
directors
1
to
share has been declared
holders of record Sept.
the
on
1.—V
have
Ltd.—Participating Dividends—
declared
a
participating
dividend
of
five
-
cents
addition to the regular quarterly dividend of 25 cents
per
on
the first preferred stock and a participating dividend
of five cents per share and the usual quarterly dividend of 15 centa.
per share on the second preferred stock, all payable Oct. 1 to holders
•of record Sept. 15.
Like amounts were disbursed on Jan. 2, April 1
and Juy 1, last, and in each quarter during 1942.
per
share
share
The
cents
record
in
directors
per
Sept.
also
declared
the
regular
the . common stock,
15.—V. 157, p. 2038.
share
on
quarterly
payable Oct.
dividend
1
to
of
12 V2
holders
of
work
will
be
on
done
Aug/'25f ;v;•
45.214,
76.204
(depreciated.value)--—!-——,—-
8,000,429
8,287,949.
post-war refund of excess"
—1—___!——1,857;.
94,267
t
Net
•
in
interest
111.,-operated,
Engine
Co.,
by
.
4,958
246,929
tax!—J!!_—!)!._—!——198,573
58,563
55,705
—;
>,
—
——_
2,800,000
20,941
5,811,598
3,050,000"
.29,457
5,533,661
---------
note
$9,172,500
$8,678,550
payable———---;!———
.
rental income-!-!!-—•
worth
1-
-
' '...'.
.
gas
4..*,.
;
1943
.1942
$3,837,648
2,062,010
$3,747,114
1,979,931
"
"
.
—
purchased—
—_
714,705!
,7^*2^ 187,615
116,345
--•
———
>
Co.—Earnings—
revenues
Other.—
—
—
•_—!
—
"Federal income and excess profits taxes——
taxes
General
^.,
p.*' 989.
156,
Maintenance
the
much
and
- t
$4,326
5.401'
$30,937
and*surtax!—_1
Operation—Natural
,
'■"*
l'V
;
\y
——__————
profits
payable
'"12 Months Ended June 30—
Ordnance-Plant* at '
Victory
the
97,685
$8,678,550
taxes, .trustee's fees,; '■•
Total
—V.
$9,172,500
—
-
!,V'>
excess
Operating
Louis B.
.
-———
deed
Trust
Tractors
„
47,218
749,478
84,025
—
Federal
^
-11''
1942
$124,282,
—.129,550
—-——
,
Federal-normal tax
"Caterpillar".' subsidiary,-"Caterpillar •
the manufacturing and'the final
plant of the'American
Car & Foundry Co.
*
'■•
; ""'•• ' - ?
;
, v
Certain important parts of the additional tractor production' will be
manufactured in
the Peoria and San Leandro,\ Calif.,
"Caterpillar','
plants.
To permit this
increased production in the Peoria plant
which is already working to capacity, this plant will be relieved of
requirements to produce, certain other items of war material that are
Military
157 1
1211, 539.
Canadian Canners,
The
cents per
50
Oct.
the
announced
> ■
1943 ;'
$112,893
" Liabilities—
Accrued
30,124-
vOutput—-
.
President,
$106,347
have been,,
six months ended June 30, 1943.,
•
obligations.
of life'insurance
—
Deferred
discount
——;
policies
Total
and expense),\$75,252;i total,;
debenture
165,709,
$255,308
$64,234
profits profits taxes
value
profits; taxes
Dividend
Caterpillar Tractor Co.—To Inprease
Decatur,
'
688;
$17,240
''
Neumiller,
1
common
receivable
surrender
etc.)
;v-.'
Substantially increased production of "Caterpillar" Diesel
military purposes will be achieved in the ■ near future,
-Initial
Steamship Lines, Ltd.
.
S.:. Government
$6,466,085; cash in banks,' $412,744; . dividends
interest accrued, $24,823; deferred charges(including'
unamortized
152,039
banks
and in
Central Indiana Gas
5,42,859.
dend—
p.
;
Assets—Investments,
for
Canada
An
—
Sheet, June'30,: 1043
86,593
39.183*
66,996
) Deferred ...charges^
78,407
$76,888 :,tv
28,389
$30,580
56,434
declared
55,705
196,716
157,978
excess
.V;,
•
Fixe,d assets
307,384
-
and
-
129,524
the basis of rates provided in the Revenue Act of 1942,
assumption that taxable income for the year 1943 will,
hand
on
Cash
128,771'
60,453
150,134
——————
income
-
1941 "
$527,356
Balance Sheet, June 30
Accounts
3,216
Liabilities—Account payable,
accrued interest on : 5% debentures,
e'tc.,- $20,839;; provisioh for taxes, $6,343;! 15-year5r/r'-'debentures,"'
$.1,872,000; common stock (par $1), $564,000; balance of capital sur¬
plus, as annexed, $4,516,722; total, $6,978,904.—V. 157, p'."" 1419.,.,; , 'V ,
i
'
v
the
on
Cash
$61,161
$6,978,904.
67,680
,
■
from
Net
1940
-
on
;
59,340
124,251
1943
1942
$966,004>'"> $467,746 ) '
w
tax—_vr—_
Accounts pay able, (accrued,
Balance
$73,788
65,305
income—
From January 1—
—V.
t
Corp.—Semi-Annual Report—
equal twice the taxable Income.for the
-
29,306
$879,581
:
and amortization—
income
;
in¬
cost)
$959,759
$31,395
and surtax
tax
profits
Amount receivable on
loss.—Prof.$44,259
operating
Dividends
receivable
1941
1942
railway..—37,919
from
Net
Gross
/•
i,;;" $47,363 ^
501,606
82,952
'
•;
—J—.'."i
Note—Federal
:"
$79,096
501,606
$68,707
June 30—
*
to holders of record Sept, 4.'
16, last.
Previously, the com¬
16
RR.—Earnings—
1943
$148,623
July—
Gross
Net
computed
(computed
basis of avge.
share on the
•
'
excess
„
■
■
normal
4,991
65,909
$73,565
$1,464,139
41,800
^145,415
Federal
2,500
—!_!-!•
had been paying 25 cents per share every three months—V. 158,
pany
p.
declared
directors have
56,258
'687,556
$1,461,365
'
• 41.800
'
—
income
Federal
Fed¬
tax__—_
sales
on
vestments
,
on
The
income
—'.3,211
56,462
normal
income
4,860
3,356
-
A'')
Central Investment
U.
expenses
Prov.i
1943, $38,498.
A
2,446
1,767
2,411
—
59,136
Interest
5,888
5,901
5,682
.
667.
Assets—
:
772,327..
$2,165,681.
701,541
$73,195
«
Expenses
13,564"
transfer
$2,148,922
$132,331
exp.
——
p.
6 Months Ended
Total
$148,159"'
14,143
miscellaneous taxes
credit for debt retirement as follows: for
months ended June 30, 1943, $27,000; 6 months and 12 months
6
6,467
493 ;
.'
.
,
$156,563
fpr post-war refunds and/or
the
ill
.
agentLegal & auditing feesFed. capital stock
and
$1,064,068
$1,268,841
profits tax is after deduction
excess
-$157,763
4,231
income
trar,
Net
$152,333 '
-
Management fee ______
Fees of custodian, regis¬
Total
Income
V
stock
pfd. stk.
158,
and
$2,154,749
Dr
income
Gross
—V.
at ;• market il
of
"Balance
/
38,645
5,524
$885,359
(net)
•
—
Interest
v
$110,507
pfd.
on
Amort,
Depreciation
Dividends
Other
Divs.
1941V'. 1 '." 1940
VV.-:V', : "! !,!'./
$139,159$141,692,''!'
1942
223,242
;
.taxes^;;!)..!-!--^;;;;:- __1,275,200
income
Net
stock
1943
End June 30—
6 Months
119,635
119,647
———
common
'
223,642
'
.
taxes__'
'profits
128,000'*'
income—$163,465
and (other deducs' • 52,958
Int.
thnes.
•
elec¬
of
share
per
„—
income
exc.
)
4,542,826
4,170,358
1,536,000;
1,506.000
1,171,931 ! 1,186,420
753,000
986,000
324,192
341,468
128,000
Gross
outstanding,on the same basis
but after deduction of the face amount
of debentures„ outstanding,
amounted to $7.47, as compared with $4.25 on June 30,' 1942. ! During'
the
first
half of
1943, interest and amortization of discount and
expense on the corporation's debentures outstanding were earned 2.47
assets
v
taxes
General
were
A—
to
holdersv
i
valuing. securities
corporation,
the
of
assets
net
The
applicable
Central Illinois Light Co.—Earnings—
■
31) — .;
1943—Month—1942 —1943—12 Mos.—1942
revenue
$856,576
$807,765 $11,427,878 $10,786,785
Federal
quotations and excluding unamortized debenture discount-and expense,
equivalent to $3,251 per $1,000 of debentures outstanding.
Net
in-,.
than
Taxes,, (other
taxes
Period End. July
Operating expenses —_
Deprec. and amortiz.—
$1,344,223.
.
'
,
profits
Gross
.
Carriers & General Corp.—Earnings—
1943—12 Mos.- —1942
1943—6 Mos.—1942 :
excess
for the
earnings
$4,199,076
.
California Oregon Power Co.—EarningsPeriod End. June 30—
$755,782
612,496)
1942 Federal Revenue Act it is
12 months ended June 30, 1943 (on the basis of
returns), would be approximately $965,000 and the
related savings to the company from the filing of consolidated returns;
would be approximately $193,000.
Based upon such taxes and savings
the net income for the period would have been approximately $861,000.
tlncludes estimated
tax savings of-1 $322,370 from filing of consoli¬
dated returns (partly applicable to prior periods).—V. 157, p. 1806,
the
and 50 ...
March
11, $1; and Sept. 11 and Dec. 11, 50 cents each.— V
■
..0
A ■'
V.!
June
cents;
50
11,
.
' 14.979'
.
separate corporate
dividend of, 50 'cents
interim
and
income
Federal
that
estimated
•
18,512
:
stock.—:-A—- '', :
common
on
641.475
59,818
$1,029,642
389,770
:
;
"On the basis of rates imposed by the
Dividend of 50 Cents.—''
an
480,000
:
charges
declared
Dividends
$4,174,829
24,247
share on the common stock, par $5, payable Sept.,: 14 to.
Sept. 7.
This compares with $1, paid.on June. ll, .*
cents on March 12,
1943.
Payments in .1942 /were as ..follows:
record
___*—
income—.
"Net
per
of
.
$1,460,510'
income
income
Other
•Fed.
Carpenter Steel Co,—Interim
income—$1,500,843
11,544
A''.:
667.
p.
$1,940,510'
taxes—
$1,472,054
income
—V.
reserve
profits
excess
+323,683
•
v.:26,383
oper.
734,020:
!
_
income
Gross
1943—12 Mos.—1942
125,000
925,996
——_
$1,824,526
Interest on bonds and debentures
628,083
Amortizatioh of debt discount and expense,—
56,055
Abandoned
construction • project—92,234
"Other
A
*
583,282;'
operationg
Utility
j
558,084
583,195 ;"
incomes
$2,060,843
accruals.,^——560,000
operating
Utility
•
$1,285,802 $16,867,040 $16,176,758
483,212
5,932,486.'6,746,277
248,090
3,513,441
2,231,508
148,269
1,852,199
1,729,144
.110,000
1,470,000
1,295,000
280,760
$6,584,304
2,763,908
528,438
and
income
"Federal
25,133,209 > 25,216,534
-
1943—Month—1942
'—.—A!'
1942
$7,288,173
3,189,700
—
j
(general -.taxes)-
.
'
1943
—_—:
Taxes
:
for Federal and State taxes on income would have been
increased approximately $42,500.
' ■}
'! ,
During the last two. weekjs of the 1943 period operations reflect the
acquisition of 18 self-service markets purchased from, the Jefferson
Grocery Co.
All but one of these stores are located in metropolitan
Pittsburgh and thus gives the, company greater concentration of its
activities
within an
area
situated near its headquarters.'—V. 158,
'.
Gas Co.—Earnings—
;•
Maintenance
provision
667/
766.
Operation
{£
„L_—• ; $228,454
$159,771 '.$2,511,63.7 ^.$2,599,460
Dividends applic. to-pfd. stocks for the period1,253,490255,237
to the then existing deficit in
benefit of, such deductions the
charged
losses were
account).
' Ai
$ '
'4 v
r
$366,924
Net
the. 1942 period are based upon taxable
after deducting the applicable proportion of losses on sales of
surplus
.
retir. res. approp.
Gross
and State taxes on income for
earned
' -f"
class
cumulative
$1.50
taxes—
Inter.,
Federal
income
income—_
oper.
158, p.
revenues
cents per share has been declared on account of
the
465,910
Other
for
656,072
21,493,282
8,215,947
5,208,331
Operating
Boxes, Ltd.—Accrued Dividend
$1,399,450
Net.
711
of
ry.
Retirement
expenses-
Prop,
4,971
A-
'A 1941 : .!
1940
$1,991,576 $1,375,655
635,505'
177,089''
424,031
29,793
•,.'•• ••'".'.
15,387,321
12,255,343
9,319,906
4,675,547
3,275,058
1,044 327v
3,527,909
2,187,463
25,675
1— ;■
railway—
railway—"—
from
Net
1943—7 Mos.—1942
3,268,451
revenues-
taxes
Other
23,373
21,711
————
income-—;
oper.
from
Net
—V.
885.
on
108,054
$540,335
;<
$932,118
1942
$2,590,593
1,025,347
843,848
1943
railway——
$2,965,098
railway—1,094,683
From January
18,657,557'137,740,904 117,742,566
Operating
$190,241
Loss—disposal of fixtures————.
tEstimated provision for State and Federal in¬
come taxes (no excess profits tax payable)—
Balance
Net ry.
21,926,008' 162,874,113 142,959,100
3,930,047
Operating
51,077
$168,771
operating profit
——'
Provision for depreciation—_—:
Interest and premium on funded debt of sub.
Net
r;.
-
from
from
Net
13,096
*31,323
*276,892
Carolina Power & Light Co.—Earnings—
Federal
interest
' $
'
-
22,712,535
dividend of 37 V2
$648,389
108,054
the period
ALJ
UJ.
m
12 Months Ended June 30—
1943—Month—1942
expenses
p.
240,820
236,676
$1,040,172
$6(1,019
482.
p.
July—
stock, no par value,
payable Oct. 1 to holders of record Sept. ;10,
A similar distribution
was
made on July
1, last, which compares with 50 cents each on
Jan. 2 and April 1, 1943.
Arrearages as at July 2, 1943, were reported
to amount to $1.25 per share—V. 157, p." 862.•"/*y
5,015,478
.
v!
Central of Georgia Ry.—Earnings—
„
*80,596
•
.
158,
Gross
$4,722,987 V
Discounts,
Loan
*23,512
*225,316
26,642,582
Period Ended July 31—
Gross
-V.
703,783
801,380
814,801
*125,292
*352,620
10,587
482.
p.
earnings
158,
A
$5,143,981
,
.-
<•
793,831
-:!
19,895
19,317
$123,027
income
Balance
$105,167
.-rr *8,508
•.*37,791
r
*261,053
*518,198
—
Canadian Wirebound
July 3,'43 "June 27,'42
1 '
qost of sales, selling, warehouse, delivery'and
general expense (exclusive of depreciation)—
A
$1,276,848
Gross
July 31—
accumulations
sales——-
Net
*16,705
*29,530
,
Co.—Earnings—■
(P. II.) Butler
6 Months
-
earnings
Working
$87,849
20,575
.
482
p.
'
372,738
...
$110,599
889,802
156,160 ."
44,167
1,758,235
646,517
dross,
p.
256
$79,914
'
;
$128,022
,63,121
-
$
Gross
$889,209
1,412
Central Illinois Electric &
1940
1941
'
$159,287
55,486 '
37,988
$203,780
Qross. from railway——
Net from railwayitfet ry. oper. income,,—
,
1942
1943
37,520
$878,622
$142,344
Canadian Pacific Ry.—Earnings—,
RR.—Earnings
Burlington-Rock Island
158,
37,602
,;
•
$140,932
revenue.
oper.
Net
•
income.
"Deficit.—V.
2,998
$79,658
3,132
———
Int.,
1940
'
-
*44,363
railway
oper.
473,250
——
(net)-—A
426,183
in Vermont—Earnings1942 !
1941-!
"
$127,236
railway—_
from
Gross
Period End.
1
1—
529,507
.
$1,274,934
1,914
V 655,423
567,189
•
$128,347
267,573
1
„
income...
oper.
ry.
49,000
2,893,725
1,929,302
860,226
..'*78,341
railway.—4
railway—
From January
157, p. 2144.
paid on Dec. 29, 1942.—V.
was
from
Net
a
25
1943
from
Gross
425,479
40,750
d. stock for
July—
Net
*51,566
'% 2,424,968''
2,935,592
1,173,933
878,124
3,728,071
1,637,187
■}
—
ry. oper. income.__
1,264,549 •
"Deficit.—V. 158, p. 482.
Corp.—40-Cent Extra Dividend—
In
"letter accompanying the dividend of 40 cents per share paid
oh the common stock, par $1, on Sept. 1 to holders of record Aug. 16,
J. Spencer Love, President, states that "the extra dividend this , year
should
also be 40 cents, which action,
if taken, would place the
common
stock nominally on a $2 annual dividend basis.
"Distribu¬
tions
of 35 cents each were made on this issue on March
1 and
June 1, 1943, and in each, quarter during 1942.. In addition, an extra
of
railway
13,096
.,,*20,923
19,986 •'
,
"!
railway.—
from
$152,045
*8,508
63,121 -
Net
par
Burlington Mills
.
205,772
from
Net
valqe on March 5, while- in
the
following distributions were made on the same issue: March 10, 70
cfents; June 10, 80 cents; and Sept. 5, $1.
A
distribution of 10 cents per share was made on the common
stock, par $1, on Sept. 5, 1942; none since.—V. 156, p. 1323.
the
on
income.—
From January 1—
Gross
dividend action
of $1 per share
377,072
.Gross income——
etc., deductions.!
1940
$163,857
$273,989
$581,692
267,573
railway—..
oper.
ry,
626,483
42,871
;
limited-term
of:
Other income
1941
1942 :.~
1943
,
from
Net
532,512
37,967
•investments
Maine—Earnings-
railway———
from
Gross
Dividend Action—
Wire Co.—No
Brown Fence &
67,070
482.
p.
Canadian Pacific Lines in
stated.,—V. 158, p. 356.
announcement further
2,957,487
16,824
__———..
taxes
Net
Finance
the
158,
"Deficit.—V.
$5,709,114
271,986
expenses—.'
taxes
Amort,
H.|
oper,
$5,335,079
$513,583
252,953
Property retire, res. ap¬
970,385
*42,924
*437,800
1,052,685
1943—12 Mos.—1942
1943—Month—1942
$492,558
revenues
Operating
Federal
Power Co.—Earnings—
Light &
Arizona
Period End. July 31—
Operating
1—
railway—..
from
Gross
*6,295
oper..Income. —
From January
Orton B. Brown, Berlin, N. H.; J.
Frederic G. Coburn,
N. Y.; John H.
Me.;
$158,800
railway
from
retary,
railway——
from
Gross
!
'
$131,915
' $126,904
*22,918
*42,614
*82,480 "'
*96,809
1941 '•
1942
1943
$177,500
July—
Central
England—Earnings—
New
Lines in
Canadian National
Houghton, ViceTreasurer and
Hopkins, Sec¬
E.
Manufacturing;. H.
of
Charge
in
Vice-President
Monday, September 6, 1943
COMMERCIAL & FINANCIAL CHRONICLE
THE
946
•
-■
844,612'
88-004
17o,923
200,961
of
assembly will be handled in the Berwick, Penn.,
!
$681,686
accruals——143,732
$457,683
$537,954
$313,933
Utilitly operating income
Retirement
reserve
operating
Utility
(net).
income
"Other
income—
+66,519
5,720
$604,473
144,316
$319,653
139,425*
-A
33,628
6,989
81.250
8,046
—
$419,539
$90,931
r—-—.
—
143,750
,
how
C.
being manufactured.
Wold, Vice President of
O.
entire
program.—V.
Celotex
"The
000,000
158,
p.
,
'!,f '.
be'in charge'of the ,
'" *
'
■=
.
"Caterpillar" will
766.
•
.
•'
'•
Corp.—Listing of Debentures
—
listing of $3,*
12-year 3^4% debentures, due July 1, 1955.—V. 158, p. 544.
New
York
Stock
Exchange
has
authorized
the
•
Gross
.
—I—-!—!
income
Interest—Bonds
Advances
Other
"Net
estimated
associated companies—___—;
charges—
income
"On the
—i.---———-
from
income
•
——
—
•
the 1942 Federal Revenue Act it is
the Federal income and excess profits taxes applicable.
basis of rates imposed by
that
-!--'
Volume
to
Number 4209
158
THE COMMERCIAL & FINANCIAL CHRONICLE
the.earnings for the 12 months ended June
Note—The
30/ 1943 (on the basis
of separate corporate returns, the present annual interest charges, and
excluding non-recurring
deductions
from
the
computation
thereof)
would
be.
approximately $325,000 and the related savings to the
from
pany
gains or
of
consolidated
returns
(partly
applicable
to
periods).—V.
prior
;■
.
.
Period End. July 31-
Operating
Operating
State
&
Soc.
>
expenses
munic.
Secur.,
State
Fed.
595,614
584,446
7,239,820
102,398
taxes,
income
other
/R.R.
1,220,529
10,674
115,617
30,083
32,108
280,744
operating
"
income
Federal
taxes
for
shares
normal
accrued,
$1,319;
12 Months Ended—'
profit: on
212,308
209,725
$542,796
$7,625,199
8,467
19,977
112,671
$6,703,355
^
138,756
of
income
Fed.
$640,251
'2
219,793
income
mal
tax
and
V $562,773
$7,737,870
2,409,110
*Net
1,985,241
'
surtax)
income
72,794
956,357
1,008,289
46,288
978,885
591,326
_________
$256,032
$275,940
$3,393,518
$3,257,255
Pfd., div., requirements-
111,820
>141,430
'.1,504,873
1,697,155
Total
■Gen.
Net
income
T-V.. 158, p. 667.
.
Gross
from
Net
from
Net
ry.
railways.
(Based
for
1,146.957
panies
302,790
$798,376
$460,000
,
for
inventory
.
$934,497
$1,023,370
$1.92
$2.10
$1.64
equipment and in
general contingency
and
and
•
687,295
,
$3,953,266
679,919
669,108
92,277
1,575,023
751,187.
.
.
;
against:4ax>liabUities^___>i_^_4_7__^____i.__
and accounts
Other
36,981,826:
32,133,233
10,802,802
9,820,692
6,680,906
4,420,826
2,479,249
598,301
Net
Operating
income
$10,500,424
revenues
Federal
Fed.
&
income
exc.
Charges
and
1
in
of
income
.■Gross
Inter.
Bank
y>v£
1,348,958
$2,000,000
,
__
572,584
3,101
in
inc.
$2,499,210
237,585
185,000
$2,347,092
(Including income and
notes of
$4,779,198
18,129
1,149
$2,346,843 4 $4,981,251
■;;V
$4,780,34*7
______
$2,506,577
1,696,338
1,699,111
3,402,230
income,:
$810,239
$647,732
$1,579,020
6
Months Ended
""Net,
$1,373,415
June
profit.
; per
30—
1943
net
.%../>•••
Earnings
Period Ended June 30—
Only
admin,
other
income
than
&
$393,948
8,947
$788,269
13,482
1942
1,673
2,151
3,343
Federal
income
23,142
'22,966
46,197
Land
income
ii
:
19,925
■
—V.
$359,884
$361,233
$358,547
long term debt
on
Buildings
44,940
158,
$725,247-,,
S.
and
and
4,201
1941
$2.74
Central Vermont Public Service
Period End. July 31-
fed$yable-
$243,195
$238,843
$3,009,433
Operating
expenses—:.
158,538
162,238
1,725,621
municipal taxes
15,020
185,278
169,584
Secur.,
State
Fed.
Fed.
refund:-i_;:_:::__:
Capital
1,251
1,350
14,813
17,422
4,093
56,705
63,482
Notes
Nat
operating
Non-oper,
Gross
$61,184
income
income
239
(net)
income
and
Net
tax
$57,610
39,624
div.
Reserve for
$710,600
Surplus
JDrl,979
,
$1,028,229
433,188
9,000
—
-V.
117,246
$13,086
$369,441
18,928
227,136
227,136
Gross
Expenses
Net
cash
for
divs.
income—_
at
1940
$264,438
$231,596
25,421
29,343
25,580
$250,888
$235,095
Net
$206,016
:
1,891
to
of
equalize
amt.
distribution
440
1940
$218,282
124,700
74,751
31,218
61,642
79,688
2,253,184
1,966,503
per
for
ry.
2,762
842,108
448,673
529,274
551,522
254,349
income...
tribution
-"v".:--::
I
,
:
;
.
$286,298
railway—
1942
'
'
1941
1940
$19,469,358 $14,722,042 $11,589,076
railway—'i—
,709,588
9,273,525
6,233,055
4,505,635
4,021,182
3,042,871
2,628,496
2,,525,175
1,,429,856
railway--.: 118,933,319
railway-■ 53,954,622
83,560,294
63,368,484
$255,028
$236,365
18,903,689
11,,093,269
14,564,632
9,963,778
3,,632,742
.
;
'
■.
Chicago Corp.—Semi-Annual Report—
209,398
Tor
distribution
■"Includes $12
..
$2,778
interest
on
..to
•',,
v
.
,.—
$4,666
$3,168
- $2,346
U. S. Treasury, certificates of indebtedness.
; -
$71.29
$2,69
•
..of
per
Redemption Calls and Sinking Fund
Connecticut
a list of corporate
bonds, notes,
and common stocks called for redemption,
including those called under sinking fund provisions.
The date indicates the redemption or last date for mak¬
ing tenders, and the page number gives the location in
which the details were given in the "Chronicle."
and Issue—
Date
.
Bridge Corp., 4%
bonds due 1952
__Dec
Page
1
81
European Securities Co., preferred stock
_iSep 15
American I. G. Chemical Corp. bVz'/o
debs, due 1949—Nov
1
736
Armour & Co.
(
of Delaware—
guaranteed preferred stock
Sep 22
Creamery Co., $5 preferred stocK
Oct.
1
Binghamton Gas Works, gen. mtge. 5f/b 50-yr. gold bds._Oct
1
7%
452
Beatrice
:
Breweries.
Ltd.,
Chesapeake & Ohio Ry.
Ref. &
5J/a
5*&
and
4V> '•'»
debs.
15
Oct
1
885
G-3, due 1944_Sep 20
766
series A preference stock
improv.'mtge. 0.85% bonds,
ser.
766
:S««n
oper.;
is
1943
amounted
calculated
Issue—
Light
&
Denver
.
to
$33,845,803,
after
preference
The
deducting
net
the
equivalent
stock
asset
1st mtge.
6s, series B,
Co.
conv.
2 %
3% %
Co. of N. Y.,
Tramway Corp.—
due
,
"
income—_
-
Hall
—
States
bonds
1
886
15
668
debentures—Any time
due 1956__Sep 21
886
debs,
Inc., 3Vi% debs, due '46.Oct
series A, due 1950
Oct
6'/2% collateral trust
Dec
1
(W.
Co.
1st
(closed)
mtge.
s.
f.
125,063
86,454
71,451
101,243
94,638
3,512,521
2,832,378
2,525,444
1,507,898
1,357,461
1,154,196
823,343
469,451
670,029
633,206
•
______
483.'
p.
1943
from
Net
ry.
1940
$917,197
240,215
329,978
$748,103
208,397
income-
oper.
-Earnings1941
$895,454
361,093
_
1942
$1,034,282
railways—
from railway—____
279,603
138,692
200,790
75,376
railway—.—
from railway—
7,569,294
6,474,287
5,947,587
2,793,783
2,036,041
1,904,577
5,376,432
1,554,449
income.—
1,971,379
1,238,394
971,297
600,491
January 1-
from
Net
ry.
—V.
oper.
158,
483.
p.
July—
Gross
'
1943
1942
-■*
1
CoMi Ltd.—
debentures
railway
124,462,297
Net, from railway.—
49,929,964
Net ry. oper:.income—_
32,292,184
61,487,224
29 ,648,099
22,200,478
11.271,079
16 ,174,476
14,415,625
3,506,266
JuiyNet
1943
1941
col. bds. due
1940
railway— $14,858,292 $12,473,162 $10,386,355
from railway——
6,291,459
4,214,527
3,495,907
income—_
oper.
$8,313,981
2.055,064
3,518,865
2,328,525
2,424,728
1,253,487
91,556,989
74,332,769
59,932,311
49,529,403
33,660,934
21,465,687
18,768,899' 12,120,243
16,342,420
7,890,927
2,145,510
From January l—
from
from
Net.ry.
—V.
raiiway——
railway—
income—
oper.,
158,
544.
p.
Home
1st
Issue—
Telephone
&
on
981)
page
Date
,
series
Iowa
&
•
Page
Telegraph Co,—
3'As,
mortgage
Illinois
"1st
and
9,717,282
""
(Continued
Company
,
Earnings—•
1942
from
Gross
Power
ref.
mtge. 6s,
A,
due
1967—-
due
1953—
..Oct
1
—Oct
T
Income bonds—_Sep
16
»
Co.—
series A,
578
Industrial Brownhoist Corp.—
<■
Gen.
mtgo.
20-year
conv.
6%
Inspiration Consolidated Copper Co., 1st mtge. conv. 4%
bonds, due 1952
——Oct
1
*
890
769
484
1
it
390
770
10
673
—Oct
6
673
fund. & impt. bonds_Jan
1
291
Lexington Water Power Co., 5 V2 % conv. deb. due 1953 Sep 14
1st mtge. 5% gold bonds, due 1968__
Sep 16
15
579
889
889
Nov
1
771
1954_Oct
1
*
1st mtge. 4'As,
Kentucky Hotel Inc., 6%
Litchfield & Madison Ry.
Mark
Hopkins,
serial
of
Northern
Inc.,
1st mtge.
dated Sept.
Indiana
1969
Public
-
A,
due 1959—Sep
1st mtge. 5% bonds due 1959_Nov
Good. Counsel
bonds
ser.
gold bonds
Lehigh Coal & Navigation Co., 4%
577
1
bonds, due 1950
482,791
75,241,333
-L_V. 158, p. 766.
due
conv.
.1,620,085
94 ,714,940
inc. bonds dated
Congregation
15,
1st
ref.
1941—
Service Co.
1st 3%s,
—
.
1st-mtge.■& collateral trust 43/2%
Uaytian Corp. of America, 4%
$9,454,961
■
from
Kankakee Water-Co.,
Sep 23
1940
railway-.— $18,926,882 $15 ,153,948 $13,134,200
Net from railway—___>
7,553,410
4 ,962,426
4,563,959
Net ry. oper. income—_
4,253,957
2 ,593,119
3,283,239
Mother
—Oct
-Earnings
1941
from
*
289
4V2%
i
E.) ,Printing Co., 2'/#'%
Cotton
886
_____
vdue .:196l
Hamilton
"■
Steel
1940
$386,973
251,422
3,628,927
income___
oper.
at
1955_._Oct
—Sep 23
Froedterb,Grain & Malting Co., Inc.. preferred stock__Nov
1
G. H. R. .Foundry Co., 4%.
debentures, due 1950
;
,__Oct
1
Gulf, Mobile & Northern RR., 1st mtge. bonds, ser. B & C Oct
1
Gulf
1941
$508,971
211,960
,
Chicago Indianapolis & Louisville Ry.
Page
debs., due '68.Oct
Duluth, Missabe & Iron Range Ry., 1st 3V2S, due 1962__Oct
475 Fifth Avenue Corp., 6^% mtge, bonds dated Mav
1,
,1925
and
;
;.Gen> & ref.'? mortgage bonds,
Dominion-Gas./•&*. Electric'-Co.,
l>onds, ?due, 1945
..,
1942
244,721
July—
Gross
value
preference
Date
-
Power
•
January 1—
158,
Gross
Dallas'Ry>.&,Terminal1st mtge. 6s, due 1951:
Sep 27
DanVille" Trrtction:& ''EdwelrvCO.; 1st mtge.
5s, due 1951—Sep
6
288
Canadian
and
stock
Consolidated -Edison
Below will be found
American
30;
--outstanding convertible
outstanding common stock.
of
Colorado.Milling & Elevator Co., 5%
Columbia'; River Rackets AsS'n, Inc.,
preferred
State
of- June
Cincinnati Street -Ry.
Notices
Company
as
the:common
Company
Alabama
—V.
Net
per. share', of
share
82,033
10,002,707
2,273,646
340,179
$511,730
$559,453
from
Net ry.
$211,744
233,197
1943
v
.
railway
railway.,
Chicago & North Western Ry.-
from
Net..- assets.Balance of amt. avail.
From
Gross
V
250,362
1,536,649
,
ry.
52, 613,262
30,212,289
'
ry. oper.'income.'..1'26,203,651
—V/158,' p. 667.
'
.>/'
283,520
3,898,489
from
from
Gross
Earnings-
Reserved for div. payable
1
4,548,730
■1,442,567
Chicago Milwaukee St. Paul & Pacific RR.
573,284
oper.' income.-.:
from
Net
Amount avail, for dis¬
Aug.
6,488,905
income.__'—2,036,060
•
;;C*
•
•
oper.
Net
From January 1—
Gross
830
2,249
265,281
11,865,167
.
1-,551,291
896,614
y< v'1
2,658,721
1943
from
Net
1,750
227,871
13,832,019
52,440
1,090,224
from
Net
______
283,661
17,100,759
,
Net
1941
$293,177
158, p.; 483. ->-■
Gross
2,967
368,749
158, p. 544.
Gross
1942
Net
,
$8,948,436
$327,437
135,198
railway_—i__
oper.
$1,492,158
691,850
Chicago & Illinois Midland Ry.—Earnings—
1,851,591
1943
railway___'_
$1,862,548
833,045
,
from
ry.
$2,163,620
912,989
railway....
from railway
—V.
1940
$2,428,213
income... '
oper.
From January 1—
Gross
From January 1—
shares
available
share
ry.
railway...:..
railway..-
from
2,332,702
129,948
July2,103
Net
130,801
2,944,425
Chicago Burlington & Quincy RR.
begin-
ning of period.—
purch.
ry.
j—V,
Amts. set apart on sales
and
from
from
Net
avail,
arnt.
distrib.
$282,445
1941
*$276,309
31,971
of
153,343
$365,762
-
railway^.—.
railway—J__
oper. income—
ry.
Gross
1942
$314,416
•
invest,
Balance
1943
•
from
from
-From; January-1—'
Century Shares Trust—Earnings—
6 Mos. End. June 30—
from
Gross
ry.
Charleston & Western Carolina Ry.- -Earnings-
Net
59,828
Chicago Great Western Ry, >—Earnings—
I
' .
1943
1942
1941
Net
1807.
July—
$211,219
18,928
>
1,557,186
1,438,026
Net
75,000
2,963,934
p.
2,836,583
1,240,333
7,153,759
2,504,829
483.
p.
358,342
25,000
____
$10,602,531
157,
25,732
8,745,860
railway.__.__
158,
railwa.y_.__
from railway.__c.__
_____
201,760
10,514,260
oper. income...
from
Net ry.
—V.
336,870
12,318,073
3,370,949
July—
$8,948,436
.
18.5G0.518
oper.
From
'225,600
4,900
$16,528
—
requirements
from
etc
'1940
income___
fy.
200,000
taxes,
1941
239,240
500,000
:
1942
$1,262,288
$3,500,000
:
157,
435.263
$3,500,000
•
$1,184,435.—V.
$1,606,710
..515,830
■
notes,
RR.—Earnings
1943
railway____
railway______
Net
380,156
V;
Eastern Illinois
&
from
Net
(patents)
and
:
.
500,000
payable
$265,930),
$214,675;
preferred
$1,055,826; common stocks (market
From January 1—
from railway____
.
•,
Total;
$708,621
158, p. 483.
Income
145,060
payable
accounts
$443 613;
689,488
60,746
payable
Deferred
Net
—V.
62,610
I
common
$458,001),
924,767
261,618
30,000
_•
value,
value,
$1,171,475),
'*
•
1,652,513
10,000
(nor¬
surtax)
income
Pfd.
1,213
35,895
income
mal
$1,027,016
185
$61,423
Deductions
Fed.
$57,425
:
-i
from
Net
preferred
-Accrued, -wages
.
>, >;)
>'
stock, "
Accounts
than
tax-
(market
value,
$23,240,544), $20,573,254; stocks
Gross
655,613
,
$10,602,531
Capital 'stock,
7,202
other
■
market
$2,092,356
Net
808,882
2,335,586
receivable—patent
>___
Liabilities'—
and
taxes
taxes,
income
13,737 >
Bonds
(market
Gross
'i Tot&i
$2,801,674
-
(quoted
$2,632,483
14,425
license___
assets'
1,840,586
Soc.
100,000
1943—12 Mos.—1942
revenues..—
Bonds
Chicago
108,518
__.__i.__'
accounts
13,688,044
market
Net
______
,
480,404
Dr25,210
14,542,063
__I_____
____
(quoted
follows:
53,189.864rt,t 2,911,454
Post-war -tax
Corp.—Earnings-
1943—Month—1942
1,356,968
95,877
Accounts
677,087
648,686
£>r25,210
____________________
July—
400,000
bonds_i____
11,993,625
3,337,505
3,337,506
640,064
income
1807.
p.
1942
$2,058,199
466,305
investments
Deferred
Operating
par)
!
4.—$31,566,296 $30,541,534
stocks
■■>
1943
Inventories.
$706,029
,
30
■
.
$725,247
stock——_____
221,250
controlled
*As
$401,417
$1,827,748
1,260,600
equipment.
Deferred
State &
•
•
equipment__-_'„_
Treasury
Other
667.
p.
June
v
buildings
Patents
$710,231
1,337
I——.'
income
Nat
$361,233:
($1
127,125
218,750
11,868,500
value, $15,788,466),
$22,623,375; stocks and
corporation,
$1,259,438.
(Represented
by
474,790
shares in 1943 and by
479,745 in 1942 (507,870 in 1941) no par shares.
Net
■
U.
Inter,
and
Machinery
taxes..
Gross
Assets— '
•
12,800'
Fed.
profits
exc.
'■>: Comparative Balance Sheet,
$787,895
,
•. r-
preference
stock
surplus
follows;
notes
Net
1943—6 Mos.—1942.
8,144
expenses
of
:
$394,193
&
Taxes,
,
Company
1943—3 Mos.—1942
Income
Gen.
of
4,029
Total
Net
operating expenses, Federal taxes, depreciation and other
-"(After normal depreciation of $86,608, reserve for amortiza¬
$125,907 and Federal taxes of $1,670,778.
charges.
tion
$37,673
141,970
obligations
July—
"After ;
ConsoL
$193,967
Treasury stock
Security profit surplijs
(less U. S.
($417,695
$289,122
share__$1.94
common
3,130,612
1,000,055
taxes________
Undistributed
2212.
Chapman Vaive Manufacturing Co.—Earnings—-
Earnings
4,518,414
2,220,000
__
—
"
3,406,932
,
dividends..
and $4,343,881
1943
profits .tax accruals
excess
$3,004,923).—V. 157, p.
dividends,
gas
surplus.
30
payable
Common
Capital
GroSs
$4,963,121
Dr249
7,367
7,380,772
$14,341,935 $10,085,31$
,
capital
June
$31,566,296 $30,541,534
pur.
value,
1942.,.
tax
460,343
17,988
770.576
7,824,281
0After reserve for depreciation of $4,487,439 in
y.
$1,915,981
1,198,665
Total
*803,280
1943
1942
$1,677,301
$1,963,915
*23,028,190 *24,326,426
etc.__
122,391
120,526
1
declared
to
Sheet,
value)
and
payable
for
stocks
t3,315,888
__
Balance
__
•(Convertible
■"As
(under,''V" ;Joan .regulations—___
liabilities .C____——
,
*$253,638 charged
'
(book
$456,790
division, less $18,889 in 1943 and $11,014
majority-owned or associated oil and gas com?
above.
'
Dividends
'o•
1,343,072
1,750,744
deduct.
other
loan
'''
income\'—
Reserve :|or inventories and
contingencies—
Capital and surplus——
1,841,891
265,536
(net)
income
&
■1,931,757
653,244
97,000
298,905
Deferred
694,798
income
,
900,305
1
531,369
•
from
"
gas
relating to oil and
Treasury certificates
Total
$14,341,935 $10,085,318
Current
1943—6 Mos.—1942
948,495
tax__
profits taxes
operating
Other
972,103
taxes-
lieu
2,524,857
4,126
assets
Total
$9,043,906 $20,493,547 $18,300,385
4,640,144' 10,313,967'
9,303,296
5,288,817
profits
profits
exc.
Net
exc.
470,244
*
(& Subs.)—Earns,
1943—3 Mos.—1942
Operating expenses
Taxes, other than Fed.
'
2.885,676
other
512,245
and
assets
S,
Def.
,
1,901,970
drawings::^:::——
Liabilities—
South West Utilities Co.
,
3,522,810
2,450,926
charges and
4,705,388
4,076,260
Period Ended June 30—
$2,003,664
2,130,000
.
_
and
$513,812
720,142
interest
Accounts
asjsets-:—393,058
,'
Deferred
20,277,362
24,206,652
1
(less reserve)—_'
■"Fixed: assets..
Patterns
railway..
from railway—..
Net ry. oper, income.
—V.
158, p. 483.
1942
3,353,526
current
$441,897
oil
—
Accrued
Reserve
Inventories
1—>
from
Net
Central &
receivable
—$763,810
paid___.
713,685
Liabilities-
1943
$1,956,119
Notes
$2,989,193
1,298,416
$5,021,976
1,785,611
income.
From January
Gross
$5,657,206
railway
oper.
•.
38,500
54,000
interest
Investments
31
21,529
54,000
54,000
divs.
Assets—
U.
78,355
21,051
-
inter. &
Comparative
Cash
81,950
24,423
included
on
Government'securities .other than those applied
1940
1942
$595,174
79,806
,,
21.424
P__
126,027
plants and
on
64,369
fees
dividends
3,981,892
317,408
•
L767
$670,814
and" transfer
Preferred
in
2,981,694
3,779,722
depreciation
exps.
admin,
~
$600,127
$903,603
_____
2,328,288
3,218,473
—
v
-.'V4:K-' ConsoUdkted Balance Sheet, July
>> Assets— V'v ,vV;v'-v'\
-A ■
/■.
1941
and
■"Relating to
Cash
__
1940
1,455
__
__
Net inc. from
Division)
in >1943
approximately
$615,000
for
special
reserves.
486,775 shares;outstanding in 1943 and 1942 and on 486,735
shares "-outstanding An 1941.
reserve,
;
Central RR. of New Jersey- -Earnings—
1943
July—"■
,1942
—
income
Registrar
.
>«
.
income
Miscellaneous income
payable
July 31, '43 July 31, '42 • June 30, '41
$8,113,979
$8,200,873
$4,624,643
v
share___„_-_____
per
1942 ..approximately
74,097
90,329
profits
1942,
(less
expenses
__'
,7 ■"After'provisions
(nor____
exc.
accrued
for
dividend
for
reserve
$1,399;
surtax
'
$6,842,111
167,751
v.:-',
tax—
;
arid
Taxes
income & .excess profits taxes
§tate income taxes_:„_:—.
-
Deductions
Fed,<
tax
Baldwin-Duckworth
sales—-i_
admin. & gen.
other income)
Net' income
Gross
■"Net
purchased,
income
1943,
(Including the Operations
V
17,477
/ ;
30
1641
29,476
other
■"Gross
$631,784
,
/
June
1942
294,442
$3,352;
Sell.,
income--
Ended
*
514,537
Fed.
Net
.
Non-operating
Months
the
$80,633
Chain Belt Co.—Earnings—
377,922
18,100
Six
plus
arrearage of $2 25
578,867
111,568
lease
for
share
per
and
$90,180
[
Portland
'
$50
520,561
.;■<
—
of
share
per
$48,634
..
than
tax
cents
1943
agents'
7,211
under
value
stated
25
556,378
and
taxes:
Rental
1,265,754
102,751
of
Earnings
7,072,112
taxes—
Fed.
original
accrual
Dividends
$283,520; capital accounts represented by 659,349 shares
of-$1 par value, $16,192,846; amount available for
distribution, $2,778;
total, $16,501,494.—V. 157, p. 1806.
$15,695,211
___
dividend
per share.
1943
$16,501,494,
Liabilities—Account' payable
1943—12 Mos.—1942
$16,739,442
share, the
per
current
Sheet, June 30,
total,
expenses,
$1,290,252
947
$52.50
$52,783
July 31,
1943—Month—-1942
unrealized
or
Interest
157,
$1,385,190
revenues
realized
interest
Central Maine Power Co.—Earnings.
include
ury tax
'
r
not
Assets-t-Investments, $16,050,294; cash in bank, $270,406; U. S. Treas¬
savings notes, $16,000; dividends receivable, $147,874; accrued
receivable, $503; account receivable lor shares sold, $16,416;
the
$16,280;
p.
does
investments.
on
Balance
Based
1939.
losses
statement
com¬
filing of consolidated returns would be approximately
upon such taxes, savings, and present annual-interest
charges, the net income for the period would have been approximately
$249,000.
(Includes estimated tax savings of $58,873.31 from filing
$65,000.
above
Norwell,
Inc.,
6%
Nuloft Bldg. Co.:
1st mtge, bonds, dated 1936
Inc., 1st mtge. 6% bond ctfs
1937—Sep
579
1
1
mtge.
Sep 15
893
series A,
S^P 20
80S
Nov 15
Oct 15
*2453
677
948
and Issue—
'
Date
Light Heat & Power Co., Ltd., 37a% serial ref.
due 1944-1948__Oct 1
Pacific Portland Cement Co.j 6 7a 7* preferred stock ____t>ep 15
Parr Shoals Power Co., 1st mtge. 5% bonds, due 1952—Oct
1
Paterson Ry, 2nd gen. mtge, bonds due 1344———-Oct
Company
\
V Page
■
582
bonds
Telephone Co.—
States
Southwestern
"
-
v
■
.
1
Power
10-18
10- 2
National
Oil
9-25
9-10
National
9-15
9-1
Nicholson
10-30
9-30
North
10-
Emerson
^ '7-.!
295
Class
681
'7
87*
Drug
B
Ewa
Faultless
Rubber
Light
Motor
t2056
:•
V-
Quarterly
•
25c
9-10
30c
Truck
—j:
25c
25c
684
$2460
^
Cleaning & Dyeing Co.—•
Cement-—
When
thare
Payable
50c
1
Bank
.
Trust Co.
&
Louis)
(St.
(accum.) "______
& Co. (quar.)
Trust
Pilgrim
U. S. Trust
Co.
Y.)
(N.
Co.
5
'<
Ltd.—
►
for''Ordinary, registered
General Instrument Corp.
General Refractories Co. (quar.)
General, Time Instruments Corp.—;
t$3
9-
$2 •?
Co.. (Boston)
(quar.)
(N. Y.) (quar,)—
$15
1
9-30
10-1
9-15
25c
30c
10- I
*9-29
!_
""
,
Life
Aetna
Allied
Surety
&
&
Co.
Co.
Insurance
Chemical
Miscellaneous
and
Industrial
Casualty
(quar.)
Corp.
Dye
Lakes
Agricultural Chemical Co.
Americcn
Commo.v
>
6%
American
Coal
of
10-
1
9-
4
;
7 9-17
"
9-17
9-11
Hinde
Holland
9-20
1
Holt,
10-15
9-10
.
9-10
Crystal
6 7*
25c
9-30
9-14
(quar.) ™!44_-™„_44.._!!./
preferred
common--™
$1.50
9-30
9-14
American
Fork
Ltd.
Factors
American
Hoe
&
,
Co.,
6%
preferred (quar.)
American Gen. Ins. Co.
Quarterly
American
Co.,
Sugar
77
25c
Products
9-
4
10-
5
9-15
; $17a
9-30
8-31
9-
4
10-
9-14*
1
10-15
9-15
10-1
9-17
American
10-
Snuff
Co.,
preferred
Tissue Mills 1%
pfd. (accum.)™ 7
Associated Breweries of Canada—
:* vv';-
77*
!™_.™
(quar.)'"-™4
preferred
(quar.)_™_
Atlantic
4%
Refining Co.— /
preferred convertible
Automobile
Insur.
Quarterly
.
9-
v
9
9-
9
$3.50
-
7; 9-1
$25c ;
7
/
8-25
7
9-30
10-1
$$1%
:
A
(quar.) ___!__ :
11-
$1
-
8-31
10-
1:
(irrcg.)
_
5%
1
"'.! 9- 4
1
8-14
9-7
$174
10-
1
40c
10-
1
preferred (quar.)
Beatrice Creamery Co., com. (increased)—,
$474
preferred
(initial)————!.
$1.37 7a
10-
1
35c
10-
1-
Aroostook RR.
&
5
9-
10-
7C
(quar.)—™
Bangor
8-31
Co.
25C:!
9-25
& Dauch
(Canada). (quar.)
Paper Co.
Co.
Furnace
(quarT
425c
50c
.
•!
,——4
77*
pfd. (accum.)
$5 preferred (quar.).
Co.,
&
Renfrew
Co.,
pfd.
common
(accum.)
$5V2
Beneficial
$2V2
Loan
Corp.,
prior preferred Series
Binks
Bohn
Industrial
Manufacturing
Aluminum
Bridgeport
Brillo
&
62 72c
—
/';■•
Brass
Light
Gas
(quar.)
1938
Co._!—
Allison
Co.,
9-15;
9-
common :
International Metal Industries
Ltd.-—,v;
St.
67*
A
(resumed)
10- 1
11- 1
11-1
10- 1
10- 1
10- 1
•
preference,
conv.
-
$6
9-15
9^14'
preferred
Broulaa
class A
Power,
(quar.)
Mines
Porcupine
Co.,, Ltd.
Burlington
Steel
Calgary
Edmonton
9-4
9-10
9-T
9-15
10-15
10-15
9-30
9-10
City
Transit
Products Co.
Co,
9-30
9-15
6%
9-20
9-10
Jones
Steel
1
9-20
Kilburn
10-15
9-30
9-30
8-31
9-10
9-11
•,
9-11
$30c
9-30
9-10
$$1725
9-30
9-10
$$1
10-1
V!/
$50c
25c
—
50c
10-
9-
1
9-10
10-
(quar.)
$7
Sbear'ng
50c
10-1
9-20
Cumno
Shoe
rtmmon
9-10
9-20
9-10
10c
9-30
9-15
9-15
8-21
—_
15c
9-15,
9-
2
(quar.)„____
6272C
9-15
9-
2
——.
T.e"ndries
nre'e-red
Lock
$1.87 7a
common
—
*
Machine
11-
1
10-15
10-
1
9-16
10-1
9-16
Co.—
!_■—
LWi-'eMn0'
—
$3
75c
9-25
10-
5c
Co.,
,6(4 r/t
convertible
preferred
com.
(irreg.)
(quar.)„—
9-15
1
8-20
40c
9-29
$1%
'Ryfo
C,.1;^. a
9-15
9-29
$1.3772
9-29
8-14
9-15
.
9-15
9-15
1
Co.
8-31
($25
7
par),
'! Siy^c
(quar.)4—_4_—;
10-15
10-15
Oil
7'V.
-
9-23
9-20
9-10'
7 9-18
1
9-15
10-1
9-10
10-
50c
$$1.75!
9-
9-15
-20c
-
9-20
1
10-1 1
10-15
$174
9-15
;;:',27ac
:
7! 10C •!■ 7 9-15
<
4'
10-
5
9-
1
.9-
1
••
r.
9-23
9-10
25c
(initial)
.9-30
"7 9-15
*77aC
•
50c
'9-30
9-15
$25C
10-15
9-15
!-.!_!!!^!-4!!i._
50c
9-13
(quar.);
$1.25
10-1
$1.127a
10-1
,
Ltd.
10-
25C
9-
4
9-20
9-20
/
9-10
1
15c
9-30
36c
9-1
$20c
9-30
!__
9-10
10-
$1.75
$1.3772
9
8-20,
9-10
9-30
$$1.75
pfd.: (accum.,) —4
57a% pfd. (quar.)
9*
1272c
1
50c
1
9-10
10-
1
9-25
9-15
10-
9-10
9-15
1
8-31-
10c
9-15
43%C
9-15
8-31
63c
$1.25
10-1
9-15
,7
$15c'
10-
1
9-15
11-
1
10-19
$$1%
/
10-1
9-10
9-30
$4
10-15
$15c
9-30
$$1.75
9-30
25c
9-23
*
l
9-
8
9-8
~
9-15
■
1
8-25
10-20
9-30
25c
9-25
9^10
50c
9-28
9-1T
9-28
9-13
$2
9-28
9-13
15c-
$$172:
:
10-
377aC
10-15
9-20
.7 34%C
10-15
9-20;
1
*'
;
;
(accum.)
:—
Associated Telephone Co.—
(quar.)■
1
Co.— .7 /!
Edison
9-15
62 %C
(s-a)—,
Co.
Telegraph
9-
8-31
$1
9-15
$1.50
^4
10- 1
10-1
9-15
,
.■
'
9-15
Electric
Co.—!7■ 'v;7'7/7
preferred (quar,)
Square D. Co., common
!!!'.;-.'5%! preferred " (quar.)
Standard Fruit & Steamship
'
$1,25
50c
9-30
9-16
v'
$1.25
10-1
9-30
10-
9-20
;:7!
Gas
&
—
Corp.—
participating
'
-
75c
(accum,)!!_-
preferred
Glow Industries
(quar.)
$3
.Sun
Electric
Welding
Tide
8-20
10-1
9-10
9-1
8-16
$472
:.;"!/
convertible preferred
Axle
Artist
United
S.
Steel
United
&
9-20
9-10
9-10
9-15
1
9-15
9-6
9-15
9-
9
4
__t—
15c
9-15
9-
Inc. (irreg.)™
Corp. —__™_;
preferred (quar.)
10c
9-20
9-10
30c
9-30
9-17
9-
l!
62 7a c
9-15
10c
9-15
8-31
25c
9-30
9-20
1
9-30
(quar,),.4™__,_-U--'
$1.75
77* preferred (quar.)
Corp., common,
vtc.
10-
1
/ $3
9-10
9-
i
25C
9-28
9-14
/
:•
Co.
Co. '
Oil
Washington
9-
30c
25c
Factories,
Swasey
9-10
.10- 1
Works
Chemical
Victor
1
$174
—
Wire, (quar.)
,Victor-Monaghan Co.,
Victoria
Bondholders
8-25
10-
50c
4—
.
Wallpaper
1
Circuit—
(quar.)
—4—
Corp. (quar.)
&
9-
t$i
•
Universal-Cyclops Steel
Universal Laboratories,
J. Utah Oil Refining Co.
.
___-4-
(quar.)
Co,/(interim) "/..r,r!-77'
Freight
United
$178
Fastener
United-Carr
U.
(quar.)
Corp.
Theatres
preferred
5 9*
25c
Co,,:---,~.v—
Trusts
General
Toronto
$134
(quar.)
Oil—;!,•!,/'7i 7 /^!.";.//
Associated
Water
9-39
8-27
627zC
TOol & Die (increased)
$272 preferred (quar.) — :
Tex-O-Kan Flour Mill3,
7% pfd. (quar.)__
10-15
10c
Corp.,
Thomson
1
127aC
Superior
Taggart
9-35
9-10
9-11
50c
9-10
9-4
10-
1
9-15
50c
Indies"Su^ar
25C
Co., 'In^.
Snowdrift
Oil '&
Wesson
10-
1
9-15
pfd.: (final)!/
$1.25
Weyerhaeuser Timber Co. _4———,-r4,—
White Villa Grocers Inc.
(s-a)
,50c
West
'Woodley
•7. Yellow
Checker Cab.
"Class
/-!——.444..
Co.
9-30
9-
,9- 1
10-
9-"4
8
1
'.
8-15
9-
1
10c
9-30
9-10
$1
/Consol.) —
7!7-___—
(accum.)
A
$3
$25c
(quar.)
Co.
Petroleum
&
5 7*
Corp.,
(quar,),!-..!.:
' Wilsil Ltd.
9-30
9-30
9-20-
L
10-
'$2
7— $lv
.4-4-.;
57*
-
;
10-
75c
-
(quar.) 7'—
preferred
$6
Southwestern
/
9-30
,,
9-15
9-30
$1.50
California
Southwestern
10-14
12-14
.
1
;
Atlantic
&
Warner
10- 1 7 . 9-15
(quar.).7.' 7 25c /,10- 9,7 9r20
Telegraph Co'., Ltd.—-,'7;
.7'
Common
(quar.) 7
«
$ 17 '/ac, 110-15 ,. y .9-20
77o
preferred
(quar.)
;
117V2C
10-15
9^-20
Mdtson Navigation Co.
(quar.)/.!•
30c
9-15 * ./9-10,
Merrimac Hat Corp., common
25c >
9- 1 - .8-24
8% preferred (quar.)".!!!!„__!.!!!_!!!!!' - * •• $1
9- 1
8-24
Messer Oil Corp.
20c
( 9-10
^ ^9-1,
Consol.
(quar.)
preferred
7 7*
/:
,
($100 par) (quar;)««444__!f /•;$!.25;
Mfg. Co. (quar.)
_4
..7; 50c r
:
(quar.).
Extra preferred
.
.7/7/
8-26
•
10-
-$172
.
•
Southern Colorado Power Co.—
8-31
9-10
.
:
(interim)
Timken-Detroit
9-24
9-15
'
original preferred C (quar.)
5 72 % preferred C (quar.)
:
.
9-15
9-15
$2
Co.
1
377aC
■'■,""'7
59*
-
9-15
9-15
85c
'
'
.
(quar.)
-
9-17
10-
6 2 72 0'-
4.
(quar.)
9-15
9-15
9-17
9-30
79-30
9-10
9-
4
Corp.
Maritime Telephone &
7
—
,
give the dividends
Below we
dends
4
announced
announced in previous
The list does not include divi¬
weeks and not yet paid.
-
being given in the
these
this week,
preceding table.
Mickelberry's Food Products Co.—
(quar.) '
preferred
Modern
Collett
Modern
Containers
Modine
&
preferred
Machine
Ltd.,
-
Co.
I irregular)__
common
(quar.)
Manufacturing
Co.
(quar.)
60c
10-1
10c
9-10
$30c "10-1
$$1.377a
10-1
>: 50c
9-20
"
(quar.) _7 77
9-
Chemical,
pfd.
A
7
preferred. (quar.)8772c
(quar.)
$557aC
payable in US funds > ,$l3/4
payable in US funds
$1%
.
:
.7 !'
v
.'
•
Rank
-
Per
share
!
of'Company
^i.
and
:
'
-
■
Trust
..
«
$2
American
B.ank..&.Trust/(Ghi.) (quar.)
National Bank & Tr. Co. (Mobile) —
Quarterly
Bank
of
Nova
4-4^
Scotia
10-15
^
American Nat'l
American-Trust Go.
of Ree.
10-
10- 8
..
:
.
Haiders
Companies
—
Quarterly
When
Payable
^
'
Agricultural Nat'l. Bank (Pittsfield, Mass.) —
Quarterly
Amalgamated Trust .& Savings Bank (ChicJ
$372
—-
Name
-r
,
7;.''.
'
..."
r
Ltd., common
(quar.)
•
9-
999-
10- 1
<* 910- 1-•
910-1*
. 97 7* pfd. B
(quar.)
10-1
9Mueller Brass Co. (ouar.)
40c
9-30 / 9Murphy Paint Co.. Ltd. (quar))
—
$20c v 10- 1
95J/a %
preference
(quar.) • !u—
-I—-! $$1,3772
10- 1 9Mutual System I"c., common (quar.)
/
- 2c.10-15 -7 9
6% preferred (quar.)1
3772c
10-15
9Monroe
Moore Corp,
77*
Op-ner.T'o'-sp'no- rn-n., $3 prior pfd. (quar.)
'•
25c
433/4C
(quar.)
Co.
preferred
7 Southern
9-15
9-30
..
85c
preferred
5'/a 7*
(opar.)
WBOr/>n.
preferred
57*
$2.40
Corp.,—
ctn"i Corn;,
p-efar-ed
Cnn-ie'^r+ed
8-27
$1.75
(quar.)
cen'-m-Mble
preferred
S7V»
1
9-20
Machinery Corp,—
vtc.
Co^o^Pdaf-d
9-
$1
Stamping Co..
—1
(Louisville, Ky.)-
20c
!*!:
.4-4!-
(quar.)
5'A
,/
Margay
7
9-
9-1
Mfg.
Southern
.
Mapes
9-
$1
•••'•
—
&
SI
Mills
7.
(Toronto)—
•
7;. *■ 7 '* >7
..'i 7(quar.)..::',.:.444„_^4^_^44—r44'4'~4_^4_444-;44,'?' 77, $$1. (IOJ-.I,
Lang (J. A.) & Sons, Ltd. (quar.)„_
llT'/aC
10- 1
Le Roi Co. (irregular)
4——:
^•_i,4—
•
40c. 7: 9-25
Lehigh Portland Cement Co.
(quar.)
com.
37yaC
11-1
4% preferred (quar.)
4„—C-!-_——__w_- $1
1-3-44
Louisville Gas & Electric Co.
(Kentucky)—
'
•
7
'Common
__!^_^._!_„4___4_—_
ZlVaC
10-25
9-15
9-14
Life Ins. Co.
Commonwealth
Ltd.__^—
Co.,
Banking & loan Co.
8-28
1
50c
Valve; Mfg. (quar.) ————
Dock & Canal Co. (quar.)
Comme-cial
Sugar
Landed
1
9-15
1
9-15
9-10
127aC
preferred (quar.) ■
pfd.. (quar.)!
(quar.)
Co., 77*
89*
.
—„
_
30c
15c
10-
1
Co.
Co., common (quar.)
20c
Kelley Island Lime & Transport Co. (quar.)
Keystone Custodian Fund, Series B4 _——
1
,$1.507
'!!^_44-_^^4„_^_7^T_.-^!_^__744_.:,i'
Kekaha
1
$1.75
4—_
9-15
15C
Chicago
(quar.)
9-15
10-
-Chapman
Chipngo.; Towel
Co.
Machine
9-15
*
Carpenter
Lamson
&
1
10-
9-
1
1272c
Simon (H.) & Sons, Ltd., common (quar,)
;77 77cpreferred (quar.)
Skilsaw' Inc.
(quar.) ' -'!!!^!!!!^!-!—
Smith (T. L.)
Co., 69* preferred (quar.)'_»
Smith (Howard)
Paper Mills, 67* pfd. (quar.)
Snap-on Tools Corp! (quar.) : !_-!i__-_-!4
South Porto Rico Sugar Co., common—...
10-13
7
;7; ; 77
10-1
9-Hr
10- 1
9-10
10- 1
9-10
9-10
9- 4
9-10 ,./.' 9- 4
9- 6
8-31
$1.37ya'
4
10-1
10-
10-
9-15
;-v(
9-24
10- 1
7v\7/7"
preferred (quar.) 4-—.—
——
preferred- '.(quar.l-4/!-!^!!---^!.,-:!!--*.*!-!-
Special
9-15
5C
—
Capital
5Vi%<*preferred (quar.)
$5c
9-15
9-15
15c
Signal Mountain Portland Cement— /;///>«
;8 7c preferred.; (accum.) —
4-.—-,.—- '■
9-15
7
10-15
$1.50
•
Jersey' Central Power & Light Co.—
77*
7/ $l5c
-!~—-
Corp.
.
Capital
fquar.)__!
7$ 3c
.
(quar.)
1st preferred
$50c
(interim)
Calgary Power Co., Ltd. (interim)
!
;
Canada Cycle & Motor Co., Ltd.—
7,/7:v,'";;'..
Common
(quar.
—v—
57, s.f. 1st preferred (quar.)—
Canada Packers Ltd.
(quar,)
____4——-!
-Canadian
Westinghouse
Co.,
Ltd
(quar.)
&
6%
Series
—
9-15
1
7 9-10
(quar.) ^__^-.„444-4——U; !!;
preferred
Paper
7:7 7 %
.
10-
$$1.50
(quar.i
Columbia
9-15
1
9-20
.
'9-151
preferred
9-10
9-30
10-1
10-1
$27a
(irregular)
Co.-
Common
.
preferred ' (quar.)7/-74!_7—4,!7t_„4^^!.•■!;- :;• $1.75 ('./.llvl!;
Creek Coal Co., common (quar.)—
50c
10- 1
(quar./ !!!i!!!!j,!-!$1.50
10- 1
Jamaica Water Supply, common (quar.).
50c
9-30
$5
preferred
(quar.)
$1V4 '
9-30
Jamestown Telephone Corp.—
:
Island
9-15
1
9-15
9-10
7
Co. iquar.)—
—
Security Engineering Co., common (irreg,)
! 7 7* 7
preferred' (quar,)
!
Seiberling Rubber Co.—'?> ^.7-7 *;
$2.50" conv. prior /preference (quar.) !_,4
5(7 ■ class A preferred (quar.)
Sherwin-Williams Co. of Canada/Ltd.-—
9-15
7 9-15
7 / 9-15
;;! '7 Vf
9-30 7,
10-
Gas
Regis
Schlage
„
.
„4_4-4-!w_!_-_4__4_
|25c
class A
(quar.)—
$$1.50
69*
conv.
preference (quar.)
$$1.50
International Ocean Telegraph Co.
(quar.) 7
$1.50
International Power Ltd., 7 7* pfd. (accum.)
$$1.75
International Shoe Co,
(quar.)
:
45c
Interstate Department Stores Inc., common 7(7 25c
Class
9-15
9-10
1
3c
(quar.i
Knitting Mills,
Scovill
8
■!r'-":'-!-"7'v'7v'"./.!',';!'/;:;'
50c
35c
„,i_ii
(quar.)
*
*
British'Columbia Elec. Pow. & Gas Co., Ltd.—
6 %
;;
9-15
10-
50c
Col, Inc.4
,quar.) ;r___!n„/
Schenley Distillers Corp.,
9-20
i9-15
.
Co.
Pocahontas
Creek
7 ,7'/*
•
9-10
"
.
/
1
8-14
$1.25
9- 1
9-18
Hoover Ball &
Bearing Co./!
50c -' 10- 1 v
9-10
Hoskins
Manufacturing
Co..—-—
20c
9-25
9-20
Houston Lighting & Power
Co. (monthly)> 30c
10- 1
%
9-10
Hubbell (Harvey)
Inc. (quar.),.
40c,..." 9-20
9-15
Humberstone Shoe Co.,
Ltd. (interim)
$75c
10- 7
9-15
Huron & Erie Mortgage Corp. (quar.)_„.
'J$l -.10- 1
9-10
Ideal: Cement Co. (quar.) -'
—4!!-!!35c: 7 ,9-30
9-17.
Illinois Bell Telephone Co. ——$1.75
9-30
Indiana Associated Telephone Corp.—•
-/I !!77
$5 preferred ; (quar.):
—
—."';!, $1.25;. 11- 1 : 10- 9
Inter-Ocean Securities Corp., 47* pfd. (s-a)
7; 9-15
50c
10- 1
&
20c
7
Co.,
A
British
25c
50c
Co.
Manufacturing
Class
30c
7
10-1
$1.06 74
common—
,
9-15
10-
Rome Cable Corp. (quar.)
!44—
/
Roxborough Co.,. 32c conv. par$. pfd. (accum.)
Russell Industries, Ltd. (quar.)
4_~4/
9-15
10- i r
10-/1 7
+$3.50
,
Coal
.
Bastian-Blessing
1
1
"
^
.
Sl'A;/-
/
9-1
9-30
,
77f7:7.7/7v''' h
(Hartford, Conn.)—'
™_™4-44I--i44-.--.--~,.-- - /
8
10-
$1.1272
Rochester Telephone- Corp., common
'7 472%' 1st preferred A (quar.)
Roeser & Pendleton. Inc.
(quar.)
V
-
-
Corp.
Sugar,- 57*
Tel, Corp.,
.
Stove
Richardson
8-31.
—
Mills
Avondale
9-
10-1
60C
,7
American
Common
1
$1.5.0
(quar.)
common
(quar.)_;
8
99-
10-
Inc.
Produce
.
American Rolling Mill Co. 47a 7* pfd (quar.)
$1.1272
American
Screw
Co.4™!!!!:!-!,.!■7 '■! 50C
67*
9-
9-15
$$1.25
<quar.)____
(quar,)
&
.Regent
/
9-20
10t 1'•
$3,'
!
series
Fruit
.
20c >
(monthly)
Corp.
9-15
10-15
7
.
7:
(Houston, Texas)—
-_™---v!-™————„!!!_!■ :/!.' 25C
.
Home
"/' 9- 4
9-15
30c
common
_™-_-4™_u
8-16
1
9-24
$1.80
(Minn.)- common
Aggregates,
/;'•!'!'t8%.. preferred
.
American
Co.
Porto Rico Power Co.,; Ltd., 77* pfd.; (quar.) *
'Progress Laundry Co.. (quar.) iL.../!.!'
Prosperity • Co., 5%; preferred (quar.).
!
7
9-30
20c'/ TO- 1
(quar.)—15c
9-25
,
50c
Co.
Coast
'Pittsfield
9-30
;
■
9-30
10-1
$1.50
9-
$1%
$4 non-cum. 2nd preferred /!/—!-!—
Pittsburgh Plate Glass*- Co/O-J/4.U!!—;
/
■*
9-11
■
5%
9-15
9-30
10-
—
-
779- 4
Harrisburg
Hooven
Allegheny County—
■
9-15
10- 1
:
75c
$4V2. dividend
-
Perfection
•
10-15
j:
taccum.)
Co.
9-15
9-30
80c
8-19
-9-24
■
$1.65
.
preferred (2nd issue)
(quar.)—$1 *A *-7 9-25
Steel Corp. /L:!i.—7/30o''V
9-28
Harshaw Chemical Co.'4—!!—.j/.v.!25c'/9-30 !
V
9-10
7' ,/7
—-i—
(quar,)
Co.
/
4
8-19;
8-25
25C
•
7
,7-26,
Rand's
(Pittsburgh)
common. *
9-J6
>7; 8 %
preferred ;4-^_——_-_44__
»9- 8 7 Raytheon M;g., ' 6'/* non-cum/ pfd,
^ • >7. ?/ Ray-O-Vac Co., common (quar.)
r
' 9-15
10- 1
7 25c-V:
;
$2 class A-^—.
Harnischfeger Corp., common
!.
5 7*
preferred (quar.)
4
V!7 25c
Insurance, Co, ; (quar.)—*.
Asphalt Roof Corp,—
preferred
9-
30c
7
American
1
(Del.)—•
(quar.),
Alliance
American
r—^
Co. (N. Y.) (quar.)—,—„
Realty Co. (BalL)-f
'7: 4l!'*
preferred
Haloid
10-
9-20
Ltd.,
Paper Co.
Guilford
$1
$1.50
(quar.)—
.
10- 1
10- 1.
' 20c
20c.
■'
Co. (quar.)-
Insurance
Guaranty Trust
Companies
■/;;;/
—
class B
Co.,
9-23;
30c
(quar.)
Oil
American
6%
Aetna
4
8-25
$174
'!7' $172
Philadelphia Dairy Products—1 / /■*
$6 prior preferred - (quar.)
9-20
!!,!.,■, ;v
'• .!.;
common
9-15
1
io- l
(accum.)
(quar.)
Debenture
&
Power
Pennsylvania
Pennsylvania
9-10
.
.9-15
Tail
Pond
■
1
10-
9-
10c
'9-15,
ij 9-1
/.'.Accumulated—4—7.25c!;
$2 class B (accum.) ■—7.25c.vi 10- 1
Great Lakes Towing,
7% non-cum. pfd.i4i ?: :$3 V2 •'"r 9-10
Great Western Sugar Co;y>common —i .!,50c
,>10-; 2
'!./ 7c/o ' preferred
(quar.) >4;!-4!'!!-!!_.!!!-!
1.75 10- 2.
Greening (B)
Wire Co., Ltd. (quar.)—__
|15c
10- 1
8
10-
$$2
8-31
9-15
7.9-15
20C
Pacific
8-21
(interim)••
30c .
472 7*
convertible preferred
(quar.)!.—7!.^56 V*c '
10- 1
Gold & Stock Telegraph Co. (quar.)
4^-* 1 $1.6010-; 1
Goldblatt Bros. Inc., $2.50 conv. pfd. (quar.)
62VaC
10- 1
Golden State Co., Ltd.
(quar.) —. 20c
10-15
Co.,
Great
10-
■;
9-15
10-1
$17.90
Co.
Pennsylvania-Forge
'•
34 2/5c
—
(. •(/ ■»,/).,
;
Common (resumed) —
'
25c
.'.$6 preferred (quar.)' :
$1 Va ; '.
Girdler Corp.
(quar.). ^i-i^___4!_^^_!!_'u;4_ 7.;:7"" 25c
Gordon
9-15
1
$5
Bank
Merchants & Farmers
8
9-20
1
>
__7-,
(irregular)
class A
Pacific
,/
9-15
common
•'General. Electric' Co.,
9-7
10-
$2 72
!(';
s
(Julius)
Great
1015c
(quar.)
(Albany) (quar.)
Montreal City & Dist. Savings Bank (quar.)
National Trust Co., Ltd. (Toronto)
(quar.)
Trust
Irving
-
Co.—•
wu" ADR;
9-20
—
•
7
.
V; Extra;
—
Otter
.
'
9-15
Loan
v
L
$17" i'o-1
Ontario
..
;
(Louisville, ,Ky.)—
dvidend
Stock
7
preferred Tquar.)
$7.20
Sugar
9-10
9- 4
9-10
9- 1
9-15 k>. 9-10
9-15
9-10:
:
;$2
9- 1.
17V2c
9-30
6 7*
convertible preferred
(quar.)
—37^c \ v, 9-30
General American Investors 'Co^Mric.-—•;^>'777:
,
6 7d
preferred
(quar.)
—!-_i!U!!; -' $1.50'.." 10- 1
General Candy Corp.
(quar.)
Garfinckel
of Reo.
Bank and Trust Companies
25%
interest
Co.—
$6.60 preferred (quar,) : 44_-!7-!!!-7-.!_!_!
$7 preferred
(quar.),';;!'!'^,n!!_!.!r!4_-_!!':;
Onomea
,,
Holder•
Per
Industrial
Trust
.
9-18
participating
87* : preferred
$1.25
9-
10-
30c
Co.,
Sugar
9-13
.
9-30
•
,
Fulton Market Cold Storage
———
9-20
9-15
(quar.)
Edison, $5 preferred
preferred (quar.)
$6
!
———1
.
Portland
Glidden
(quar.)
9-29
Scotia Light &
Ohio
'<
9- 2
/.'•*
-
•
10c
•'
^
r-r———
shares
$6 prior pfd. (accum.)
Bond
of
9-20
25C
$1.50
Co.
Ohio-Confection,
preferred (accum.)$372.
10-30
10-15 }
Foreign Light & Power Co., 67* pfd, (quan)
!' $1.50
TO- 1 . -. 9-20
Fort Pitt Brewing Co.
(irregular)—
10c
9-20
9-10.
Frankfort Kentucky Natural Gas Co, (quar.)
! 7
$!•(•'.
9-15 ^ 9- 1, :.
The dividends announced this week are:
Trustee
Co.
1
"
9- 2
-
9-21
& Set Screw Co.' _u~——
20c
Flintkote Co.,
common
(irregular):—!_i;4ii!,'7i : - 15c
$4Va preferred
(quar.) /!_!_———u—u!— $1.12J/a
77*
(quar.)—•_
9-14
10-
377aC
!-„!!'
Power Co., Ltd. (quar.)
$$1.50
15c
Ltd
Oakland ,Title Ins. & Guaranty Co, : (Calif.)/ 7"'. $1
; Extra-''
'
,-„/_!i-^..4!4!! /■"
$1
Ohio Associated Tel. Co,/ 6%
$1,50
pfd.- (quar.)
Ohio Brass.Co,,, class A
35c
-4.-4Class
B
44--!■ /
35c
10- 1
9-15. ; 7
9-15
9- 4
! .TO- 1:9-151 /•7;
50c
;
;\.r
(irregular)
Traction Co. (irregular)
'
(Cinn.)
9-10
9-28
9-10
9-10
Ferry Cap
declared.
Bank
File
Certificates
•
9-15
9-30
75c
Co,
~
are
Co.
Products
American
Oahu
■
of Rec.
127aC
4—^4:
Stamping
Bearing Co., Inc.--preferred
(quar.)
$172
Nova
9-15
4
noiaers
'
9-27
Motor
•7
8-259-20
10-. 1
25c
,
Co.
&
Fenton /United
grouped in two separate tables. In the
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
Trust
National
&
•
9-29
10- 1
75c
!'
(quar.)
(irregular)
Plantation
Federal,
we
Central
Enameling
9-30
,
r
$1%9-20 {.
(quar.)
Federal
683
preferred (quar.)—!.
Manufacturing Co.—_
class A (quar.)
.
&
Co.,
preferred
587
682
DIVIDENDS
First National
1
9- 1.
10-1
.•
75c L
„
Name of Company
!„_!
Refining Co.,
•
common
Controller
Electric
*
Dividends
$1
•
Shoe, $1 conv. preferred—
50c
preferred (acum.)—$5,25
5VstVc
Register,
Egry
898
.
first
Corp.
National
9-159-20
Payable
50c
Co.
'
157.
fin Volume
issue,
this
;
Corp.
4
,
Florida
in
& Bros.
10- 1
10- 1
9-
'
_
,
E.)
(F.
yynen
snare
Name oj company
'/:
.
Nash-Kelvinator
10-15
preferred (quar.)
$1.75
10- 1
9-15
Eastern Steel Products Ltd.—
•-•■S' ;•
.v .V;v/?..'vV'
"5% convertible preferred (quar.)$25o'
10- 1
.( 9-15
681
'
■
Myers
'
9-15
7(^
Co.,
■
11-10
7%
11565
Springfield City Water Co., 1st mtge. 4s, ser. A, due 1956-Sep 17
Union Investment Co., 5% conv. debentures, due 1946—Sep 15
United Drug Co., 25-yr. 5% gold bds., due Mar. 15, 1953 Sep 15
University of Illinois Medical, Dental & Pharmacy Bldg.—
Revenue
bonds, dated 1941----.u.^i.Noy ,1
Valvoline Oil Co.—
//: 'V':!
"
'
' C.
15-yr. 1% gold debentures extended at 5% to 1947—^ov
l
Werner Bros.-Kennelly Co., 1st mtge. 5s, due 1955
Dec 1
Whitaker Paner Co.. 7% preferred otock
——i-—1
Paper Co., 7% preferred stuck
—-v——s^ct,
l
Wurtitzer (Rudolph) Co., preferred stock—
Oct I
•Announcement
Co.,
7
of Rec.
■
$1.50
$ 1 */a
(quar.)
————
(W. L.)
Drug
Duke
due. 1956__.—
bonds
Dow
'
'J
pfd.
conv.
! t Per .».
Holder«
•.
50c
———.
(qUar.)
Eye
&
Co.
&
Douglas
897
4%
10-yr.
Corp.,
(quar.)
-
,
—Lj,'
ZV/2C
Detroit Harvester Co.;(quar,)!—!—25c
Dome Mines, Ltd.
(quar,) h-—
•
J40c
Dover &
Roclcaway RR. Co. (s-a)
$3i,'
397
Shawinigan Water & Power Co., 1st mtge.
trust sinking fund 4%
bonds, series F, due
6%
Co.,
Deisel-Wemmer-Gilbert
583
deb., due ltnxs
& collat.
1961— -Oct
South. Calif. Gas Co.,, 1st mtge. 374.7* bonds, due 1970—Oct
Southern Natural Gas Co. 1st mtge. pipe line s. f. 3 7i7*
Schenley Distillers
Hook
Long
Deere
Oct
1958—
due
De
582
Purity Bakeries Corp., 5% debentures, due 1948———Sep
Republic Steel Corp.—
.•:/
Purchase money 1st mtge. conv. 572s, due 1954———Nov
Roman Catholic Bishop of Portland 1st mtge. series K
/,
47*
Davidson-Boutell
4
When
Payable
.
,
Daniels &
896
V i
Co.—
$4 ' prior
preferred
Fisher Stores Co.
5R2
Per
share
.
/ 1
:
;
■
•
(accum.)____„—75c
Publishing
Curtis
mtge, & collat. trust bonds, series B,
Pennsylvania-Central Airlines Cosp., $i.25-eouv. piu. suk.
p
Pennsylvania, Ohio & Detroit RR.—
1st & ref. mtge. 472 % bonds, series A, due 1977—v—Oct
«'
•'
'
Name of Company
Ottawa
..
■
$2
/50c-
(San Francisco) (quar.)
40c
(quar.)
—. $$272
1
9-25
10-15
10-14
.10-
1
9-15
10-
1
P-25
8-31
9-15,
Volume 158
THE COMMERCIAL & FINANCIAL
Number 4209
Per
share
Name of Company
Central Trust Co.
(Rochester, N. Y.)
Resumed
Crown
Co.
_1
*
10-
25 c
Bank
_
Meter
American
News
American Paper
12-30
7%
12-20
American'
25c
9-30
12-31
12-21
5%
First
Natl.
Ga.)
(Macon,
Bank
Natl.
20c
11-
First National Bank of Pittsburgh (quar.)__
First Natl, Bank (Scranton, Pa.)-,—
First
,
American
12-26
1
10-15
Extra
10-
Monthly
;
_
—
,
.
-
Extra
.
9-25
11-
10-25'
11-'
1212-
•;
11-24
50c
•
—
Extra
—
Monthly
——:
—
T'1^24
$7
Extra
_
—
Fourth Nat'l Bank (Wichita,
Armour
1-2-44
12-24
Cork
1-2-44
12-24
Aro
$1%
9-15
(Quarterly)
_____c
—;
Georgia Savings Bank & Trust (Savannah)—
$l!/2
12-15
12-15
$3
9-15
_
—
,
Industrial
National
Bank
9-
9-14
Quarterly.
12-14
Quarterly
;
50c
(quar.)
National
Security Bank
Quarterly
50C
Y.
Trust
(Watertowri,
Puget
Sound
Quarterly
&
—
&
Quarterly
Riggs National Bank,
Common (quar.)
(Wash., D. C.)
Tobacco Securities Trust Co.
Union Natl, Bank
U.
(ord.)
9-30
9-25
12-30
12-24
37V2C
10-
1
(quar,)
u:.
9-
7
8-10
Bayuk
$2
1
9-15
Beech
$2
1-3-44
12-15
35C
10-1
9-22
Ore.), (quar.)
—
1-3-44
$1%
(quar.)
75C
10-
1
9-20
75C
1-
3
Cigars
W.
Properties, 4%
Class B (s-a)
„
Abbott
v
Laboratories,
7%
preferred
Extra
.
4 %
Aero
■
Aetna Ball Bearing Mfg.
Affiliated Fund (quar.)
Extra
Agnew-Surpass Shoe Stores 7%
pfd.
9-11
8-16
9-17
Booth
9-
10-15
10-15
10-
75c
10-
1
Bloch
1
1
9-15
$iy2
10-1
9-10-
Alabama & Vicksburg
$1%
$3'
1
10-
1
Alberts
$iy2
10-1
$iy2
12-29
9-21
12-18
35 c
9-30
9-10
9-15
9-4
Allied
Allied
A
(irregular)
Stores
10-
1
*
10-20
10-
25C
Aluminum
Industries
Aluminum
Manufacturers, common
9-30
1
9-17,
(quar;)
9-30
9-
7*
9-25
9-
9-10
10-
1
1
Airlines, Inc.— .
Bank Note
1
15c
.11%
f
5'%
Chain
&
Cable,
(quar.)
American Chicle
class
Power
(opt.
A
cash
or
10-
'
\
*
Bush
9-15
& Light
9-15
12-15
1
10-
9-15
9-
10-
1
10-
1
9-13*
$1%
10-
1
9-16
10-
$2
10-
1
1
9-24*
9-24*
9-
9-15
9-' 1
1
/
9-15
9-15
9-
9-30
.
9-1
$iy4
9-15"
4%%
& •'
1015C
(quar.)
1-
6%
&
convertible
15c
American
insurance
Corp.
1
9-
1
Columbian
9-24
9-11,
9-11
12-
1
1
i
(quar.)_^.__i
(quar.)
/
25c
—50c
10c
15c
"75c
-$1.50
31V4C
- 3iy4c
75c
,50c
50C
9-13
9-1
$iy4
11-15
11-8
$1.20
9-15
Commercial
10-
Participating^,—-
■.
4Va%
9-15
40c
9-15
8-21
6%
9-30
8-31
Commonwealth
10-
1
9-10
10-
1
1
5%
8-17
1
8-31
8-31
8-31
ferred
9-20
8-20
the 14th
3
3
9-
1
9-20.
10-
1
9-20
Canadian:Food: Products
10-
1
9:?o_
Qajia-dian tGeneral-Electric
4;
9-10
9-15
8%
*
75c
10c
9-30
9-30
9-17
9-17
,
Canadian
/,—
(quar.)_—-
<
___—
9-20
8-25
9-15
9-
9- 9
8-26
Continental
9-15
9-
1
Continental
10-25
9-20
10-
9-15
Class
7%
-
(quar.)
_i_-
Canadian',Wibeboun<i Boxes—
$1% class'"A (acbum.)'
25c
10-
1
9-
3
Canfield
10-
1
9-
9
6%
Oili
-commoa,
preferred
(quar.)
___
.
—
_!~i——
>•
—;
«■
9-
$1
9-10
8-20
9-10
8-31
750
9-30
9-10
9-30
9-10
75C
Trust
(quar.)______
(Indianapolis)— •»
$1.25
—
Continental
1010-
1
10-
1
$1%
40c
—
Can
$$iya.
9-
4
9-
1,
30c
9-15
; 9-
7
40C
9-15
8-
6
,
25C
Co.
10-
90c
—
101010-
9-15
10-
9-18*
10-
9-18
62y2c
____
10-
9-16'
25C
$1 y»
$iy4
(quar.)__.
—,——~
50c
<,quar.)___
10-
(quar.)
—
3
8-25*
9-
9-24
9-
3.
9-27
9-
7»
11-
1
10-
1
10-
1
9-
1
10-
1
9-15
10-
1
9-15
10-15
9-30
10-30
Curtis
.
9-30
9-15,
(-quffr.)
:*-
(extra)
10-
1
9-10'
9-
4
7%
9-30
9-20
7%
'
1
9-15/
12-15.
9-15 V
1
9-15
$1%
1-3-44
12-15
20C
9-10
0-
I
62'/2c
9-10
9-
1
45C
9-10
8-27
$ 12C
11-15
$1%
10-
9-15
10-291
9-
1
9-30
9-Hh
25C
12-15
11-20>
9-24
9-14.
$7%
9-10
8-31
9-17
8-31*
0-15
8-31*.
25c
10-
1
v
9-13'
9-16
$1%
9-30
$2
9-30
9-18'
11-29
11-19'
$iy8
9-15
9-
I
1
9-
4
9-15
9-
4*
75c
25C
$$iy4
10-
Brook RR. Co. (quar.)
(quar.)
(quar.)
10-
1
9-15
25C
9-
9-30
9-15
$2
9-10
9-
3'
25C
9-15
9-
1.
5c
—
9-15
125C
Fund, Inc. .(quar,)—
preferred
preferred
1
10-
—
Dentist's Supply, common
9-15
10-
1-3-44
10c
Dairy Corp. of Canada, 5% pfd., (s-a)
Darby Petroleum Corp.
—
David & Frere, Ltd.,-.class A (quar.)
Delaware
1
56y»C
Press, 4J/2% preferred (quar.)__
Publishing; prior preferred (accum.)
Delaware & Bound
$1%
9-15'
10-
50c
—
Zellerbach' Corp., common (quar.)'_'_
$teel, 5% conv. preferred (quar.)
& Forster, '8
preferred (quar.)
butler-Hammer, Inc.
$1%
3
25c
(quar.)
common
Clinton RR.
9-15'
25C
—
—---
Port
9-10
15c
$iy4
(quar.)
common
Crucible
Culver &
10-30
(Irregular)
Crown Cork & Seal Co.,
9-
1
9-10'
1
9-30
9-15
$1%
—
pfd.
9-15'
Crum
1
10-
9-13
25c
Common
$2y4 preferred
10-
25c
common
Publishing
8-31
25c
.
—-
(Del.)
preferred
9-15
<20c
—
'
Crowi)
9-13'
$1
x—
Crowley Milner & €0., 6% prior pfd. (accum.)
9-3-
9-10
9-15
$iy8
■
9-15
9-21
1
12%'c
—,
T
,
10-
& Pow,—
preferred
Creameries of America,
1
1
1
10c
Fibre
Crane
«
9-
9-23
55C
—-———>
(Chicago)
Steel Corp.,
Crowell-Collier
9-25,,
12-24;
9-15
$2
9-15
9-15'
8-25
9-30
12-31
25c
Corp._-—
Motors
5%
9-11.
.
7% preferred (quar.)
ContinentalKTelephone, 6y2%
Co.,
9-15
9-11
'
—
(interim)
Co.
Continental Diamond
Oil
9-11
1
$lVa
—
Stores,-common
8-16
10-11
9-1S
9-30
of business on
(accum.)
Gas, Elec. Lt.
1
10-
1
Industries—
1
1
10-
Commis¬
the
of
(quay.)
10-
10-
'
7
25C
Power
10-
'9-15
1
$1.06 y4
Corporate Investors Ltd., class A
1
$1
$1.50
9-10
9-22
—_—-j.
8-31"
8-3T,
1
.$37y2c
9"
9-30
(quar.)_„
common
9-15
9-
r
1.
75C
.
.
9-13
9-30
—;■
8-31
$$1%
B
preferred
9-13'
1
__
9-15
9- »1
1
9-15
8-29
1
50c
9-15
10-
9-17
75c
'6y&% preferred (quar.)_
—.—
'7% participating preferred (quar.)_—
rj.% participating preferred (quar,),—T—
Copperweld Steel, common, iquar.)
5% convertible preferred, (quar,)
—
Cornell-Dubilier Electric (irregular)
1
1
9-15
10-
'
9-20-
1
10-
Co,
(quar.)
Continental'Assurance
Continental
$$1%
—
9-10
$1%
Power, $_4V'2
preferred (qUar.)
1
$$l%
Tndustries^ dass'A
$5
4
1
$50c,
$$2
9-15
9-25
10-
10-
$i.ooy4
(quar.)__
Consolidation Coal Co., $2y2 preferred
Consumers Gas (Reading, Pa.)
9-
10-
$$1.30
$$2
9-25
$1%
'8% preferred (quar.)
9-
10-15
9-20
1
75c
(quar.)——
9-16
8-16
9-15
9-10
10-
$5.55
preferred C (quar.)
preferred B (quar.-)—
Cuneo
(quar.)
(quar.)-
preferred
9-14
8-16
1
9-15
10-
10-15
3iy4o
——
Coppermines .Corp. (irregular)
Co. o{ N. Y
Consolidated Retail
1
9-15
1
,
4y2%
9-15
9-
50C
Edison
'-
'
.
preferred
$2
Consolidated
4%
10-
.-$$1
$$iy2
-
■
Foreign Investment Corp.—
.Common -(interim).
1
9-30
(quar.)__j._-
8-27
Water,'; 5y2% pfd. (quar.).—
& Lt., $6 pfd. (quar.)
Biscuit
Consolidated
9-20*
7
8-27
9-15
(quar.)
Consolidated Film
9-17
1
9-15
9-15
:
Consolidated
1
9-10'
9-16
9-30
$1%
—
—.
Consolidated
10-
9-
9-30
1
.
Common
9-20
1
9-11
75C
(quar.)
Quarterly
Quarterly
9-15'
<9-15
9-
1
:>14
25c
Community Public Service (quar.)
Confederation Life Association (Ontario)
1
9-20*
9-15
30-
30c
Commonwealth Water
10-
9-
30C
11-13
day after the date Of such order.
Commonwealth
9-10
1
8-20
i
75C
pfd.
the close
Connecticut Light- &
1
9-15
9-1
12-
the holders of the pre¬
to
at
8-13
10-
9-20
—
50c
date
the
stock
9-
10-1
9-15
8-23-
10-
C., is proposed to be made 28
after
sioner's order
9-15
9-
8-25"
9-15
$1.75
iquar.)—
9-15
9-
9-15
9-15
Southern Corp.—
&
Congoleum-Nairn Inc;
9-20
9-30
15c
(quar.)
Co.
Loan
8-28
9-30
11-20
10-15
—
Mfg.
Co.,
9-10
9-13
-
8-30
12-10
$17
(quar.)
8-31
Canadian
10-
Co.
9-10
1
9-16
9-10
15c
Corp.
Corp.
9-10
9-15
9-30
15c
30C
Electric—
9-15
10-
$52c
—
10-
10-1
S. E.
days
$7 preferred
10-
3
8-20.
9-20
(proposed dividend).
ATayof 75c subject to the approval of
ment
1
9-30
9-
4
9-30
25c
(quar.-)
preferred
cum.
the
9-30
9-27
9-
62VaC
8
$6 preferred
9-15
9-15
9-
9-~3
9-27
75C
25c
Investment
Commonwealth
9-11
10-
9-
9-15
i2y2c
7%
&
Credit
Commercial
:
••
preferred (quarQ
$1.18%
-
.
partic, ^preferped Jquar.)
Canadian Cottons, Ltd., common
1
Bookbinding
preferred
9-15
$5c
$15c
—
Canadian Car & Foundry—
8-21-
10-
8-31
1
(quar.)
Fire-Arms
1
$5c
•
•7c/o
$1.40
1
$12Vics
$25c
,
10-
(quar.)_;
Consumers
—
5c
(Newark, 'N. 'J.O '(s^a)-
Commercial
8
9-15
$1.25
20c
,
75c
8-31.
1
$1
(quar.)
Gas
Carbon
9-
9-10
2%%
'Participating
:
non-cum..convertible preferred (quar.)
..
.
Co.
Pictures
9-25
'
/
10-
—.
Patent
9-10
,
9-22
30c
(accum.)__
$iya
-
—
Colgate-Palmolive-Peet, $4.25 pfd.
9-15%
9-20
$$IV2
60c
11-25
25c
-
v
9-3QCI
$2'/2
Canadian.Canners, Ltd., common (quar.)__
,5% 1st .preference Vquar.). ——
9-11
10-1
10-
$1%
'
^
!
.
_:
preferred
Insulator
10-
15c
9-11
$iy2.
!_____
Leather—
American
9-15
20c
Campbell,1 Wyant & Cannon Foundry Co./__
25c
Canada Cement Co., '6y2pfd.
(accum.)/_
$$1.25
Canada Crushed Stone (quar.) —$10c
Canada Dry Ginger Ale (quar.)™_2________
15c
Canada' Foundries & Forgings, class A (quar.)
$37yac
Canada Malting Co., Ltd.—
'
•
: L Registered Shares '(quar.)
$50c
Bearer ' shares
(quar:)____—
$50c
Canada Northern-Power, 7%. pfd. (quar.).;.- '
$$1%
'Gomrnoh1 Cquar:)
* $.15c
Canada Permanent Mortg. (Toronto)
(quar.)
" ' -$$2
Canada Steamship LinfeS (initial).-—
■ ,.50c
•Canada Wire & Cable, class A.(quar.)—r—
$$1
Class B • (quar.)
i'
—
$25c
1
5%' participating preferred (quar.)_-—:u*
$$l5/a
Canadian Breweries, $3.40 conv. pfd. (quar.)
$85c
9-1,
75c
(quar.)
.American-Hawaiian ,SS.,
Hide
Columbia
75c
—
$iy2
______
Felt, common
.6% lst^prqferred iquar.)
; $6 2nd preferred (quar.)__
American
1
$2
$1'%
Ink,
12y2C
i
American Hair &
'American Hardware
1
9-15
i2y2c
(quar.)
Electric,, common
preferred
9-
-
__—
Gas
9-15
40c
(accum.)
9-15
$iy4
Co.
Colt's
$lVi
50c
(quar.)__
9-20
9-10
25C
$1%
International
3
common
Bldgs'.,' 7% pfd.
6%'preferred
9-30
I5e
Supply
preferred
9-
______
Co.,
37 %c
_____
Coca-Cola
3
.
9-15
$l'/4
J.)_—
American & Foreign Power,-$6 pfd.v(accum.)
r $7
preferred (accum.)_._y______
'.2—
9-
1st
$lJ/2
2J/2c
(P.
8-31
__,—.—
*5%
1
Calumet & ^60^' Consolidated Mining—"""
Reduced
9-13*
75c
—
(N.
8-31
10-
?
Cement'Co.,' 7%- pfd.
11
ofrd.936)
American, Cyanamid, class A (quar.)
Class B (quar.)
'.—___l—
5ck preferred (quar.)
American Envelope Co., 7% pfd. 'A'(qti'ar.)
American Export JLines, common
5r/t> preferred (quarj
American
Terminal
n
common
Works,
Counties
Coast
50c
Calaveras
9-16
Corp.—,
div... series
9-
9-18
■
H.), 5%« convertible pfd. (quar.)
5%. non-conv/'preferred /B' (initial• quar.)
Butler
Water,. 7% • preferred--(quar.*)$1%
1/32 share of class B
Co.
Terminal'
9-10
9-25
Corpr
Chemical
1
(quar.)
—:—i-_
8-31
9-20
Peabody & Co. common (interim)___
preferred (quar.)
7 %
1
9-15
:
Co.
Butler
12-15.
1
$1
______
Cluett
9-23
..
Water
Clorox
9-15
$1%
1———-
8-31
9-20
50c
Coal
10-
75c
(increased)—
$3 preferred (accum;)__
—
9-20
75c
•
'
$1%
Coca-Cola
(quar.)
8-31
(quar.)
Rwy,
Builders
Clinchfield
Clinton
8-31
9-15
10c
25c
(quar.)______________
Pipe Line Co.
Bullard
$iya
common
1
10-15
15c
—
Bush
50C
StOCk
Colortype
±$1%
> t$2
10-
(quar.)_—___
9-
preferred
9-20
(quar.)
Equipment Co.,
9-16
$5
'
American
t$l
Burd Piston'Ring Co. (quar.) -^-/—-____
Burgess Battery Co.-_:
li
10-15
•
25c
$1.75
—
(quar.)
American Cities
34%c in
5C
(quar.)
Co.
preferred
$2.75
$1%
common
,
American Cigarette & Cigar,
6 'h
9-30
12-31
Foundry Co.,/com..*(irreg.)
preferred
(quar.)l_
1
6
9-15
Ordinary
8-31
$1
Co.
preferred (quar.)
Clearing Machine Corp.
8-31
9-30
Buckeye
15c
.preferred
non-oum,
American
•
$1%
Co., common
.
&
9-
1
8-31
9-30
12-31
$i.oey4
"(quar.)
(Mo.)
preferred (quar.)
::
American Can Co., 7% preferred ,(quar.)___
Car
1
10-
9-16*
9-15
50c
preferred
Cleveland
10-
British-American" Tobacco Co., Ltd.—
v 5%
preferred. (registered)
(s-a)—
9-20
5%
8-31
25c
$1%
——75c
(quar.)
$$l J/a
.
Jns.
/ 6%
American
9-15
$1
California
$4.25 convertible preferred
American
9-30
50c
America--;
$l1/a
Controller
8-25
of
8-31
$1
(Washington, Pa.)
Clark
4
;___
Brunswick-Balke-Coll^nder Co.1,
10-* 1
10-
—
—
:
9-15
9-
—
—
9-20
9-30
(quar.)
Street
Clark
9-15
Bearing
Corp
6%."preferred
City Auto Stamping (quar,.)
City Ice & Fuel, common
9-16
9-10
11-
20c
$l!/2
50c
Automobile
3-14
9-30
8-19
$$iy4
1
(quar.)__
preferred (quar.)____-____'_^____'2!:_i._
1% preferred (quar.)__
Amalgamated Sugar Co. (quar.)__'__—
,
9-
9-15
8-20
$3c
(quar.)
75c
preferred
7%
7
9-10
1
$1
(quar.)
•1%
American
8-31
50c
'
American
8-31
9-15
8
10-
1
Co., common
(quar.) ;
Citizens Water
,
25c
■
'_j_—_—
America,-common
*6%' preferred (quar. )__•__——____—
Aluminum Co. of Canada,-5% pfd.
(quar.)
Aluminum Goods Mfg., common—
v
Common
9-
9-15
'
Cement
5%
Cincinnati
7
9-30
(interjm)
j.——_________
lOd
British Columbia Packers, Ltdit75c
Broadway Market Corp.r__j—j.—1
15c
Brown & Sharpe Mfg. (quar.)
$1V2
Bruck Silk Mills (interim)-. __u_—tlOc
9-10
of
Co.
9-
25c
(accum.)—_
15c
.
Utilities, $6 prior pfd.
Oil
9-10
9-10
,
9-10
1
$iy4
—_
.
9-15
1
10-
15C
,
Mfg.;.'Co.
Portland
10-
-50c
1__——_•
(quar.)
1
9-10
1
9-30
1
Bondholders, .class A
9-15
Cincinnati New Orleans & Texas Ry.—
1
1
Corp.
Brewing
■
8
43%C
(quar.)
Corp., common
preferred
Aluminum
$2
_____
15c
common
9-
10-
——
Co.,
9-17
1
pfd.
8-20
$6
Mill & Lumber
Machine
preferred
Chrysler Corp..
8-31
1
9-15
10-
6%
9-15
Rivet- &
7 %
''
Inc.
(quar.)
Allis-Chalmers
Alpha
Ltd.
Baldwin,
Products,
Class
"'5%
&
9-10
10-
1
Bridgeport; Brass Co.," common (quar.)
*5y2% convertible preferred (quar.)______
9-10..;
10-
9-
9-
40c
Breeze
10-15->
——
9-18
Cement—
Tobacco,
9-10
$C
Securities
Byiggs & S.tratton Corp.
Bright "(T. G.) 6% preferred
1
Ry. (s-a)
Super-Markets; 6%1 pfd.-(quar.)r___
6% preferred (quar.) _______——____—
Allegheny-Ludlum-Steel Corp. common
Christiana
$12y2c
(E.vJ.) & Sons (quar.)______——
Brazilian Traction Light & Power Co., Ltd.—6% preferred (quar.)
____•——
9-15/.;
■
11-
Laboratories,
Mfg.
Inc.
E.)
Roller
Bower
8-31
$lJ/4-
Co., $5 preferred (quar.)—
$6 preferred (quar.)
Alexander
fF.
8-14
10-
Brach
Alabama Power
Allied
Stores,
Bow-Bilt
,,9-30
9-25
12yac
(quar.)—-
$7 preferred (quar.)_-—-----
Decker
1
(quar.)
9-10
6V4c
7y2c
^
9-10
10-
(final)—:
A
Cotton
10-
(quar.)
Brother!*
preferred
Chickasha
$iy4
Boston & Albany RR,_
Boston Elevated Ry. (quar.)
-
9-30
-
1
_
_
10-
9-15
t$l%
Agricultural Insurance (Watertown, N. Y.)—
Quarterly
—
&
Bond
10-1
Oil
1
Store Products—
Chicago
Chicago
$1
Black
9-30
5c
(quar.)
&
9-10
10-
—
8-20
37J/2c
Brewing Corp.
1
Co.
9-15
$1.75.
(quar.)___
Mines
Wire,
20c
—
common
10-
Chicago Great Western Rwy
5%
preferred
(accumulated) j.
Chicago Mail Order, common (irregular).
Irregular
1
(quar.)__
9-10
$l'/2
$1%
&
25c
(quar.)
1
preferred
Steel
9-15
10c
.
Bishop
10-15
3c
______—
1
11-
15c
9-13/
9-30
35C
___—____——__
10-
,
u_
9-13-
1
37y2c"
(quar.)__—_____
__—_—
Akron Brass Mfg.. Co.
10-
9-24
$1
Supply Mfg., class A
$lJ/a.
62y2c
—.
(quar.)__
9-24
1
75c
(quar.)
(quar.)
Co.
9-13
(quar:
Bethehem Steel 7% preferred (-quar.)'______
Birmingham Water Works, 6% pfd. (quar.)
10c
—.
preferred
Steel
Acme
10-
40c
______
9-30
6% ;preferred
30c
___
(quar.)
$1.25
9-14
$1.50
Co. of Canada
Bessemer Limestone
10c
cum.-class A'(s-a)
common
Canada
10-
Hill RR. '(quar.)
Chicago Flexible Shaft
9-13
(quar.)
$1%
Chestnut
9-10
Belmont Radio Corp; (quar.)
Benton Harbor Malleable Industries, (irreg.)
-
Industrial and Miscellaneous Companies
P.
Inc.
"
9-15
9-30
(quar.)
9-20
iquar.)_
pfd,
25c
9-23
20c
Creek
Berghoff
A.
1
75c
pfd.
1
1
9-
9-20
-
com.
10-
.
25c
Co.__x.___^___
Works Corp.
Bell Telephone
12-20
_.
9-
9-30
9-30
25c
37y2c
;>
Belding-Corticelli,' Ltd.,
9-15
(quar.)
9-30
10c
75c
-
9- 7
$1 Vb
$1%
Gold
Aircraft
4%
9-15
(quar.)__
Co.,-7%
8-16
9-17
40C
(quar.)__
(irregular)
Co.
Chesebrough Mfg.
9-25
(quar.)
(quar-)
f
H.)
1
15c
u___
Creamery, :$5 preferred
RR.: (quar.)
;
Beech-Nut Packing Co. (quar.)
12-22
9-20
35C
Quarterly
________
Upper Avenue Natl. Bank (Chicago)
Whitney Natl. Bank (New Orleans)
■Quarterly
9-14
(increased).
Beatrice
:
(Portland,
(W.
'Bath Iron
9-30
10-
—
9-15
(quar.)____Refractories, Tnc;___^.
5%
(interim)
9-9
Barnsdall Oil Co.
9-20
10-15
$2yz
'
9-23
:
__L_rw
9-15
Chamberlain
9-15
9-22
.
$1.40
$1% convertible preferred (quar.).:
Metal Weather Strip.
Champion Paper & Fibre, common.,
6% preferred
iquar.)
Chesapeake & Ohio Ry., common <quar.)___
9-15
$lJ/4
(quar.)
;
Chain
f20c
{10c
Investing Corp.,
prior
Cessna
9-15
-
9-11
(liquidating)
■
I2y2c
____
1
Accumulated
$1,594
Corp. (irregular)
Co.,-common (quar.)
Patricia
$7
9-10
9-
10-
(quar.)
9-20
1
9-15
$1%
Accumulated
$1
/
preferred
Central
1
1
1
(quar)
Paper
7
9-30
10-
10-
62 V2 C
preferred
Central & South West
9-20
10-
9-15
COc
$1%
preferred
Central
9-21
$1.50
9-1B
1
'
9-10
10-
(quar.)
9-24
1
'
25c
common
preferred
preferred
Barber
(Youngstown, O.)— '■!
Quarterly.'
S. ,Natl. Bank
6 %''
1/,
—
_
9-24
10-16
10-
1
30-
\quar.)_____
Power
Central
25c
25c
10-
30-
$2
preferred
Co., 7%
(quar.) J
9-10
1
Tb
10- 0
50c
Central Illinois Pub. Service, $6 pfd. (accum.)
6% preferred (accumlated)
1
9-
Alarm/(irregular)
preferred
Basic
—J-
—
6 %
1
Co.,
5%
9-15
9-27
Co.;
$3
10-
50c
.___
Co.
Barber-Ellis' Co./of
;___
1.1
:
Co.,
Bankers, Natl.
Y.)—
(N.
Powder
9-
9-15
10-15
I.)
of Rea.
10-20
$1.50
__
(quar.)
$6
7*
15%
Diesel' Engine-Co.<
Automatic Fire
1'-
25c
(quar.)
Trust Co.
__
9-
9-
.
(J.
B
Holders
Pay'bis
$1%
(quar.)
6%
9-10
$l'/2
(quar.)
Corp.;, common
Autocar
10-14
25c
Bank (Tacoma)
_i—__
Bank
9-15
1
2
.
preferred
Atlas
9-28
12-28
10-15/
$1
■
10-
25c
(quar.)
Mills,
Central Maine
8-31
10-
.
& Tel. Co.
Ry,
Central Cold Storage Co. (quar.)
Illinois Light, 4Va% pfd.
9-15'
1
Ohio
&
Central
9-18
9-15
Clinchfield
Central Coal Si Coke Corp.—
4%
pfd. ctfs, of bene. int.
$1%
__
(quar.)
Refining
10-
'$2.25
conv.
Refining,
&
Case
8-31
9-30
$1.75
Bangor Hydro-Electric
(quar.)
Natl,
1
Public National
Increased
Trust
9-15
,
pfd.
preferred
Corp.
Dry. Goods
N. Y.)—
50c
Bank
(quar.)
(irregular)
(quar.)
Works
Atlas Imperial
10-11'
1
10-
$lJ/2
pfd,
Corp.
preferred
Atlas
9-1
1-1-44
$11/2
__
8-15
30c
__
10-30
10-15
$11/2
(quar.)__
Quarterly
:
Pittsfield Third Nat'l
"'
5
9-15
8-31
9-15
10-15
50c
(quar.)
-—;
Atlanta Gas Light, 6% preferred (quar.)
Atlantic Rayon Corp;, $2.50 prior pref. (quar.)
9-251
11-15
$11/2
—
(Chicago)
10-
9-20
5c
Oil
Atlantic
^National Bank of Auburn, N, Y. (quar,)
N.
9-30
_______
—
Morgan (J. P.) & Co., Inc
Northern
10-15
$1.50
——
9-20
$1%
7%
(Del.)
Investment.
•
5%
National Bank (Chicago)
(quar.)
Merchants Natl. Bank & Trust-(Syracuse) —
Common
■
(Syracuse, N. Y.)-—
Mercantile
3
(quar.)
4%
Associated
12-10
—
12-
20c
Light Co., $6 pfd. (quar.)
Associates
9-10
40C
Lincoln Nat'l. Bk. & Trust
5%
—
40c
12-15
Extra
i
•
(Chicago)
Metal
Ashland
4
Reduced quarterly
3
$1%
(quar.)
Co.,
Constable
Asbestos
■
—
9-
Equipment Corp.
Art
9-15
Semi-Annual
Co.
Arnold
(quar.)_
Kan.)
9-15
____
' (quar.)
preferred
$1
—
preferred
$1.75
(quar.)
,
Armstrong
50c
J—
class
25c
'
11
6%
Tobacco
Arkansas Power &
10-25
$1
50c
—
Monthly
4
Apex
9-25
10-
$1
■
9-
)7-% preferred (quar.)
Applied Arts Corp.
$1
50C
—
-
9-15
Anglo-Iranian Oil'..(ordinary)
(final)
Electrical Mfg., common
9-30'
'
■
Inc., common (increased)
preferred (quar.)
$1.75
pfd.
Co,, 6%. preferred (quar.)
Copper Mining Co
Copper Mining
Andes
9-30
1
class A
Co.;
Anaconda
11-
6%
•
Foundries
American Tel/& Tel.
9-25
10-11
$2ya
Carthage
8-26
12VaC
10-31:
10-
$2
20C
Bahk (Stockton, Cal.)'(quar.)—
First Natl. Bank (Palm Beach) (monthly)
Nat'l
9-10
9-15
30c
preferred
American Sugar Refining, V'/o
American' Sumatra Tobacco
1-1-43
$3
$3
9-30
Carolina
(Indianapolis) —
10- 1
1
25c
(quar.)__
American'Stores
1
10-
Co.
10-20
10-15
Carolina Tel.
Corp.
________
American .Steel
10-20
1.1- 1
$iy2
(Maiden, Mass.) (quar.)
(Memphis, Tenn.)
(Quar.)
Bk.
1
—
•_
Nat'i
First
31 ViC
—
_.
Bk. & Trust Co.,
Quarterly
First
Quarterly
11-
25c
____
___
9-10
(accum.)
Seal-Kap
American
First Natl. Tr. & Savs. Bank of San Diego—
(quar.)
preferred (quar.)
9-27
15c
7.%
American Stamping Co.
States Insurance
9-20
25C
_
______
Common
preferred
American Rolling Mill
First Natl. Bk. & Trust Co. (Oklahoma City)-—
Quarterly
Quarterly
20c
1
Wftcn
Share
$1%
preferred
American Public Service,
9-20'
Name of Company
9-
(bi-monthly)
Goods Co., 7 %
(quar.)
7%
Per
of Reo.
9-10
25c
Co.
12-44
9-30
Payable
m
Holders
50c
_____
Co.
9-24,
1-1-44
$11/2
(quar.)
O.)
,
American
8-25
1
$iya
(Cincinnati,
Quarterly
9-30'
12-31
10-
$1
(quar.)
9-23
1
When
share
Qompany
Laundry,Machinery
American Machine & Foundry .Co.
American Machyie & Metais
9-15
9-10
$ l V2
;—
1
1-3-44
$1
Natl.
Name of
of Rec.
9-30
$$1
Quarterly
First
10-
$ 1V2
V
Fiduciary Trust Co. of New York
(Cinn.)
'
•
50c
:
_
Fifth Third Union Trust Co,
Per
American
(Montreal) (quar.)_
Bank (Chicago)
(quar.)__
National
Quarterly
Payable
Holders
—
i
Trust
Drovers
When
CHRONICLE
(quar.)
-
12-
1
11-15'
$1%
10-
1
10-1
$1%
12-23
12-23
THE COMMERCIAL & FINANCIAL CHRONICLE.
950
'
•
Diamond
(quar.)
Alkali
.
-
Co.
(quar.)
x«—*.x,
participating preferred .(s-a),x,xxxX~'
(quar.)
6%
—
Diana Stores Corp., common
0% preferred (quar.) ■„,*
—»—-xxX-xv
Distillers Corp.-Seagrams, Ltd., com.
5%
pfd.
(quar.)
Canadian
tax),
9-10
$5 preferred (quar.)
Goodyear Tire & Rubber, commop
$5 convertible preferred (quar.)————
Gordon Oil, class B (quar.)
,x--—-x
Gorham Mfg. Co.
(quar.) x——x_x--—x—
Gosnold Mills, 5% prior pfd. (s-a)'_—«
Grand Valley Brewing
—„x..——x—.
Great Lakes Engineering Works _L
Great West -Saddlery, 6 % 1st pfd. quar,—6% 2nd preferred (quar.)
9-5
Greene Cananea
9-10
Greenwich Water System,
10-15
9-24
9-10
9-
750
$lVi
(quar.)
_—
Malleable Iron
9-15
'
9-13
t
.8-23
9-14
Co. :,..,__,x;.,x-.xx,x-:
10- 8
,
'
Refractories
Commercial
'/.Quarterly.
Hawaiian
Hazel-Atlas
9-4
Hecla
-6%
El Paso Natural Gas,, common
Elastic Stop
6%
$1.75
$1.50
Nut Corp., common
..
,,x.
(quar.) ix-,-xxx-„,^.,-Xxx.
Co,/
xx-x,—x,*xxX,x/:
preferred
Electric
(quar.)—
Auto-Lite
8-31
8-31
9-15
9-30
9-30
9-17
9-15
8-14
9-15
8-14
&
Sugar Co.,
Glass
Co,
~
9-15
B
,
5 */c
preferred
9-1
9-22
,
Ex-Cell-O
Corp,
(quar.),
,
;
,
.
■[
—
9-13
10- 1
9-15
9-27
10-1
10- 1
$1%
9-15
$114
9-15
9-30
20c
9-15
25c
9-20
Kinner
9-20
8-31
8-31
43%c
$50c
10-
$$1V4
>
3
9„
9-11
9-
4
9-10
11-20
9-20
9-
'
.
9-16
9-
-
8
9-15
.
20c
9-15
8-31
25c
10- 1
9-15
10- 1
9-15
9-13
10-20
$1%
10-15
10- 6
9-30
$1
9-15
9- 4
^35c
,
9-11
9-15
12-15
Leslie Salt
9-
Finance Corp of Amer.,
class A
(quar.)
8-31
25c
9-22
15c
9-15
9-4
9-15
9-
4
9-15
9-
7
8-31
Firemen's Fund Indemnity (S. F.)
Stock Corp.
(s-a)———.
First State Pawners Society
Quarterly
Florence Stove Co.
(quar.)—
Co.
(quar.)
(quar.)
8-27
$7
prior preferred (quar.)
Frankenmuth Brewing (quar.)
—
9-30
x„
-
Fox
(Peter) Brewing (quar.)
x—_—
Extra.'
x_x——xx^x
Fuller Brush, 7% preferred (quar.)
Gair (Robert) Co.; 6% preferred (quar.)_—
Gannett Co., Inc., class B conv. pfd. (quar.)
—
——
Gatineau Power, common
(quar.)
xw^,~-x—xx
5V2 %
preferred (quar.)
preferred (quar.)
Gaylord Container Corp.,
5Vi %
General
General
(quar,).-
(quar.)
^
Acceptance
A
Bottlers,
55c conv. pfd. (quar.)
General Box Co. (quar.)
General Cigar Co., common (quar.)„_
General Fire Extinguisher
.x—.-™—.x—
General Mills, 5% preferred (quar.)
—
General Motors Corp., common
$5 preferred (quar.)
-x—
General Outdoor Advertising, 6 % pfd, (quar,)
General Precision Equipment Corp,—x—.x
General Railway Signal, common
6% preferred (quar.)
—
x
General Reinsurance Corp, (N. Y.) (quar.)
Gen. Shareholdings Corp., $6 pfd. (accum.)
Cash or 44/1000 of a share of com. stk.
General Steel Wares Ltd. (interim).
__
—
—
Georgia Power, $5 preferred
$6 preferred (quar.) —x
(quar.)
.
Gillette
Safety
Razor,-
Glmbel Brothers, Inc.,
$6 preferred (quar.)
Glen Alden Coal Co,
9- 3
•
—
$5 preferred
common
(quar.)
__—x.
—
r—
—^.
;
30c
9-10
9-30
11- 1
9-30
10-22
9-30
9-28
8-31
25c
9-30
9-15
Iron
■
25c
9-30
9-15
$1%
9-20
30c
10-1
9-30
9-16*
$lVi
10- 1
9-15
$15c
9-
9-30
,
i'\'
10- 1
9-1
10- 1
9-
12Vic
9-15
8-31
9-15
8-31
1
68%c
45c
9-15
8-31
9-15
9-
25o
9-15
9- 8
$2
13 %c
IViC
25c
25c
10- 1
9-18
9-15
10-1
9-1
$lVi
6
9-10
7
9-15
8-14
75c
$10C
6%
9-17
1
10-
i
3>
9-30
8-27
VA%
9- 8
Magor
8-3
Mfg.,
10- 1
75c
(quar.),
12»/2C
9-14
30c
10-15
9-30
$1,31 V4
10- 1
9-15
20c
9-10
8-2Q
10- 1
9-13
$1V4U
Jamaica Public Service, Ltd., com.
7% preferred A (quar.),,
7 %
' 9:30
$1 Vi '
'
9-10
:
$1%
'
9-
1
?;
9- 1
:
9-1
9-10
9-27
25c
r
(quar.)
—
10-15
$20c
$1V2
■■
9-10
30c
9-27
50c
10-15
9-30
50c.
60c
10- I
10-1
9-15*
$1%
10-
1
25c
25c
10-1
75c
9-15,
9-
McKesson
9-
9-15
10-
1
Class
B
Kennecott
x,
—.
Copper (quar.)
—-
——
10-9
.
8-27
Kern
County Land Co.
Keystone Public Service, $2.80 pfd.
(quar.)
9-21
9-13
12-
11-20
12-
11-20
10-
9-17
10-
9-15
10-
$2,
9-15
9-15
9-1*
9-15
9-4
9-21
$1.62 Vi
' 1-3-44
12-24
9-15
8-31
$6c
$$iy4*
/
9-15
10-
50C
25C
25c
8-28
8-27
8-31
9-15
11-
11-15
9-15
9-15
Z
15C
9-
5
1
9-20
9-10
8-30
10-
$6
20C
0- 3*
9-15:
$1 Vi ;
$1%
5c
9-20
10- 1
9-17
9-
3
1
9-11
9-30
9-15
10-
$l3/4
$iy2
$lJ/a
9-30
$$iy2
6c
5
9-30
50c
•
7
8-28
9-15
15C
'
9-
9-11
$iy»
•
8-31
1
9-11
'
9-15
8-31
9-15
•
10-
$6.75
1
9-10
25C
10c
9-15
9-30
,
v
8-20
9-20
8-31
9-15
,
&
8-14
9-20
9-4
9-15
9-1
9-30
; $62Vic :
9- 8
9-30
9- 8
11-30
11-15
12-
1
9-30
9-17
9-15
9-3
9-17
9-1
65c
9-15
9-4
$1.31 %'
9-15
9-4
15c
9-10
8-27
25c
9-
5
9-
/■":■'*
9-1
1
9-20
10-
$i.3iy4
9-1
9-20
10-
$iy«
5
10-1
30C
25c
1
9-20
$1.75
$iy»
$lJ/a
9-30
9-20
10-1
1
8-31
10-
1
8-31
xl%%
10- 1
8-31
xVU%
10-1
8-31
1
8-31
15C
9-15
8-31
35c
9-10
8-31
25C
9-20
9,4
10-
/
$1.06 V*
1
-
9-17
10-1
50c
10- 6
$ 1 Vi
10-1
//:•' $iy4
Michigan Associated Telephone Co.—
5
6% preferred (quar.) „_„xx--x-.i-,x—
Michigan Public Service—
$6 junior preferred (quar.)
—
6% preferred (quar.)—,,_x,—,—x„—x_x
6% preferred 1940.series (quar.),,,——
77o preferred (quar.)__,,x
_,_x,_,
Michigan Steel Tube Products _——x,—x.
Michigan Sugar Co., 6% preferred (accum.)
Micromatic Hone-Corp.,,,—,—__,,_x,-_-/
Midland Oil Corp., $2 conv. pfd. (accum,),,
Midvale Co.
—
9-10
:$l3/4
10-
1
9.3
9- 3
.
0-
3
$iy2
/$i
$iy2
10-15
10- l
9-15
Machine
$7 preferred (quar.) —„,„x,^^„—
$0 prior preferred (quar.) _x__^.—.
$7 prior preferred (quar.)
10-18
9-24
11-
50C
9-1
Mid-West
$iy2
10-
:$!%/
Miller & Hart,
9-14'
10- 1
9-15
9-15
9-1
9-15
9-1
$l»/4
25c
25C
1
10-
1
.
9-18
37»/2C
10-
1
9-17
37»/2C
10-1
9-17
9-30
8-30
25c
9-30
70C
,
8-30.
9-10
8-25
10-
1
Refineries,, common_x,__—
Convertible preferred (quar.)—
9-17
$1.29
25C
—
9-20
9r30
,9-H
I
50c
8-25
11-24
9-30
10- 1
9-10
10-
-
9-15
12-10
35c
17C
Kansas
9-15
8-25
Metal & Thermit Corp., common
7% preferred (quar.)
,,x_„——
Metropolitan Edison, $5 preferred (quar.),,
$6 preferred (quar.) —
.'/;..
11-
10- 1
10- 1
11-1
9-10
10-25
9-20
11-24
9-10
62y20
9-iS
$lVi
$1 Vi
$1V5i
15c
$lVi
40c
8-25
12-10
Co,_„-—,^«~^-.~xx^Xx-x,x
10- 1
*
9-15
10-15
9-10
Mesta
$2.95
8-23
9-30
11-1
8-31;
Kalamazoo Allegan & Grand Rapids RR. Co.—
Semi-annual
i_x,/
—„xxx——T—
9-15
9-15
1
8-31
8-12
9-28
10-
11-10
10-11
$25c
8-31
9-3
9-10
8-26
9-8*
8-31
9-13
>
9-15
8-31
10- 1
8-31
9-11
1
(increased),,—
4Vz%
9-1
50c
9-11
9-11
12-1
9-15
9-10
10-25
50c
9^15
9-10.
1
9-15
1
11-
30c
'
City Power & Light—
$6 preferred B (quar.) —x——
Kansas Nebraska Natural Gas, $6 preferred
Katz Drug Co., $4y2 preferred (quar.)——x,
Kaufman Department Stores, Inc.—
5% convertible preference (quar.*)
Kayser (Julius) & Co.
——
Kellogg Co.
.x—x
—x_;
;,x_
Kelsey-Hayes Wheel, class A
—,—
9-
/ 37»/2C
9-15
1
com.
Co., common (quar.) x-_-,-.x--rxx
preferred (quar.) ,_,y,i.,„,x-xx-,x
preferred (quar.)
Mergenthaler Lihotype Co. __,,,,_xx-,-x,xx
Merck
10-15
Robbins,
5% preferred, (quar.)
—x
6% preferred (quar.).
1
$75c
&
„,xX-*
Mercantile Acceptance Corp. of Calif.—
9-15
.
2c
9-3
(s-a)n,
5j/4% .preferred, (quar.)__.
Mead Corporation, common (quar.)
1
20c
r
9-10
i
9-22
10-
Corp. (irregular) ^xx/,x—xx„x
Co.
...
9-17
9-15
x—x—
Co.
8-27
Massey-Harris Co., Ltd.—
9-17
50c
V
8-26
•.
9-15
,
10-15
:■:■'/
X$l%/
Sulphur Co., 1% • pfd. (s-a)
Jewel Tea Co., common (quar.)
,x-——
4 V4 % preferred (quar.)
,x—xxJXxxX,^-'
Johns-Manville Corp., common ,,xxx„—xx
7 % preferred (quar.) x-xXx—-x-xx-—;
Jones & Laughlin Steel, common
x!
5% preferred A (quar.) :^xxi—"
5% preferred B (quar.)
Joplin Water Works, 6% preferred (quar.)
Joslyn Mfg. & Supply, common (increased)
6% preferred (quar.)
x—;
Joy Manufacturing Co.——
10-
V'.'/' 35c
Master Electric Co. xxx,lx,,-x„
xxxx,-~
10c
9-15
Mastic Asphalt Corp. (quar.) ,,_x.x.,—-x-';:
25c
9-15
Mathieson Alkali Works, common,,,---.—$1%
9-15 - N i
5% 1st preferred (accum.),
—,x
,:'v /•'/."/'.'- Mattiessen & Hegeler Zinc—
:
/■„■,■■',-/■'•:■'/,.;/■
^$T,■
8-20*
7% preferred (accum.),—
43 %c
9-10
McClatchy Newspapers, 7% pfd. (quar,)—x,
25c
9-20
McCrory Stores (quar.),,
——
20c
McGraw-Hill Publishing DO;~,xxx~,x,xx~--8-31
McKenzie. Red Lake Gold Mines—
$2y2c
(Reduced quar,) ,y,xxa,,x-,xx-,x—x."x,xw
9-30
$37.»/2c
'r
9-10
8-31
10- 1
preference B (quar.) xx/r--—
5% cum. preference C (quar.)
;—
5% preference D (quar.), ,x,—xi,,——_x,.
Jamieson (C. E.)
(quar.) i,,xxxx——--.
Mfg.
8-21
9-10
:
;
$i.62ya
C.)
$1.25 conv. redeemable preference
$75c
cum.
Jefferson Lake
(R.
/."'." ■*.
0.01822
.
Irving (John) Shoe, 6 % preferred (quar.) —
Jaeger .Machine '■ Co./xx,—xx-,.
Car
Maine Central RR., 8% prior pfd, (accum.)
Mallory (P. R.) & Co. 'Xx-xx—
Mangel Stores Corp., $5 conv. pfd, (accum.)
Manischewitz (B.), 7 % preferred (quar.) x,
Maracaibo Oil Exploration
Marion Water, 7% preferred (quar.)
—
Marshall Field & Co., 6 % / pfd. (quar.) —6% pfd; 2nd series (quar.),
—
Marven's Ltd., 6% preference (quar.) ,„,x:,
Maryland Fund
-x—x,,^x,,x-x-x'
Mason Tire & Rubber, 6% pfd. (liquidating)
Masonite Corp., common (quar.)
;—
Massachusetts Investers 2nd Fund
(irreg.)
.
9-20
Canada—
common
9-15
$1 Vi
,
:
in U. S. funds less Canadian tax
Fireman
9-1
■wx-ix--./ y':$lVi:.
preferred "'.(quar.),,.
-Mahon
9-30 ,;/',' 8-27
Justrite
50c
$lVi
9-20
v
.
$1
9-10*
"8-27
9-15
10-1
9-13 1
11-1
11-15
9-15
10- 1
10- 1
9-15
50o
$1.25
$lVi
25c
25c
''9-,-1
■'
,
,42-30
12-20
t,10- 1 /
9-15
$1%.
7% pfd. (quar.),,
Hosiery Mills (quar,) i,x,Ux--xx
Investment Co. of America, (quar.),——:
Investment CoVp. of Philadelphia (quar.) —
Investment Foundation, Ltd.—,
,,
/.
6% convertible preferred (quar.)—
9-15
$35c
$lc
10- 1
$l3/i
.
Interstate
9-3
9-14
9-14
10c
preferred (accum.)—,,
Macy (R.; H.) Co. (quar.) xxx,—^xxxx^x
Magazine Repeating Razor, common (quar.)
$5; preferred (quar.)
.,^,,x„
''Magma*'Copper Do./:x,xxx--x~_xxXxXxXx,x-xi'
Magnin (I.) & Co., common (quar.)
10- 9
'„
9-15
10-1
$1%
:
convertible
5%
8-20
10-15
62j/2c
International Silver Co.,
9-15
15c
30c
8-31
.
$2»/a
International Safety Razor Co.—
y:
/'/■' Class' A-- '(quar.) ';>'x2x_----x.x--xxX-.xx_—,, ■;
/.'International- Salt- Co. ■ -x-x'xx,Ix-Xx,i,'x-x,,xx,-
9-15
X'.. 12Vic
common
——
preferred
9-15
v,
w..'
$$1V4
Corp., common (irreg.)
(irregular)
General Baking Co.. $8 preferred (quar.)—.
Class
5c
-x
$$1.37
5%
•Extra'--
8-28
9-15
37Vic
2Vic
Payable
x.'-;;.———..x
Froedtert Grain & Malting, $1.20 pfd
—
Foundation Co. of Canada (quar.)x-—
Four Star Petroleoum Ltd. (resumed)
„
9-18
,
37 Vic
$8%
,»x——_xxx-,.:
.
Franklin County Distilling—
*
60c convertible preferred (quar.)
8-28
12-21
10-1
Mackinnon Structural Steel—
(i<
—
of
12-31
9-
25c
&
9-20
9-18
$ll/a
,
—
4
10- 1
10- 1
10- 1
9-15
•
:
—
9-20
9-18
$25c
..-x—•
:• x;.;:v';v
(quar.) x^-—xx-x—
conv. pfd,
(accum.) ,.xx
6%
"
International Nickel Co.
9-15
$25c
—
Foster & Kleiser, Inc.—
6%
class A preferred
■'..'.Extra
9-
9-15
8-27
:
25c9-15
'
Foster-Wheeler,
9-15
9-15
9-15
—X—— ::■■■"
Ford Motor of Canada, class A
Class- B
9-30
9-28
—
Stores, common (quar.)
25c
$2Vi preferred (quar,)
62Vic
Food Machinery Corp. (quar.)
—
.
35c
,Extra' :• ——35c :
Foote-Burt
9-30
$ia/4
80o
v..
—
:
9-30
Food Fair
,
9-15
1
(quar.)
10-12
-
35c
3
12- 3
350
(quar.)
10- 1
9-: 3
62%c
8-25b
$1
__—
9-11
9-15
35c
:
4
12- 4
9-11
$3;
9- 8
9-20
15c
9-
12-11
62y2c
x
9-10
9- 7
-;
25c
11-5
$50c
(quar;)
9-15
.
,
Securities, Ltd.—
Bank group shares, class A (irregular)—,
Inter-City Baking, Ltd. 'x-x-xx-xXx—x-^xxx
International Bronze Powders, Ltd., com—
6 % cum. partic. preferred (quar.) *—x,
International Business Machines Corp.— >
Quarterly
!
International Cigar Machinery (quar.)
'x^xX;
International Harvester, common (quar.)—.
10-
v".
(Chicago) —
pfd.
9-30
9-15
30c;
•
Lord
'
$50c
;
^
4%
Taylor, common (quar.),,,,,—
Lorillard (P.) Co:, common (interim)
-7% preferred (quar.)
—
Louisiana Land & Exploration
;,x^—.
Ludlow Mfg. & Sales''——
Lunkenheimer; Do;, 6V2% preferred (quar.)
6Vi% preferred (quar.)
—
Macassa Mines
!^_,x
50c
Institutional
..
9-15
.
Industrial Silica, 6 ¥2% preferred (accum. )xInspiration Consolidated Copper———-—
60c
30c
—
12-15
,
common——
9-8
(quar.)
9-15
25C
8-31
11-15
9-15
9-25
8-16
1
25C
,
x—_x-.x-xxx-—-x
5 V4 % preferred (quar.)
---x-x—xxx—_x.
Indianapolis Water, class A (quar.
/-. 5% preferred A (quar.)—
Industrial Acceptance Corp.-—
:
s/
5 % convertible preferred (quar.) —x—
9-15
10-
8-31'
1
1
lc
10-15
1
9-15
10-
,
Scale,
9-28
$lVic
11-
,
-
15c
Petroleums, Ltd.
Enamel Corp:—■>■-*
Bank
4
9- 1
Co.
8-20
9-17
50C
Cement,
& Fink Products
Lehn
8-27
8-20
10-1
,
Development Co. (quar.)"—_x—_
Indianapolis Power & Light,
9-10
$i%
(s-a)-x;
Portland
1
8-16
9-18
9-14
v'7 $i%
—-Xx-x
Leath & Co., $2.50 preferred (quar.),,.
Lehigh
9-
1
9-14
.
x——--x-x
Indiana Steel Products
8-25
10-
.
Paper Co., com. (increased)
(quar.) —x—x—-xrx—x—-x
12-11
9-11
-
9-20
•
——
12-11
9-11
.
„„„„x„xt.x,,
Machine, common (quar.)
8-30
9-1
10-1
.
Imperial Tobacco of Great Britain & IrelandOrdinary registered (interim) —xXx—Indiana Gas & Chemical Corp.—
>
$3 preferred (quar.-.x_x,-——Z-—-^'
.
x
9-15
25c
7%
6%. preferred
,
,
9-10
X
$iy2
250
.....''•-',/ /Libby-Owens-Ford Glass/::„xxx,-',,_—,xr-:-'
9-4
Life & Casualty Insurance Co. of Tenn.—
15c
:
8-31
' ,8-26,,,; ■
15c
Quarterly:
'„X_„x,xx/»Xx-.„xxXx
x--;$1.25
10- 1
9-17*
t Liggett & Myers Tobacco 1% pfd.
$1%
(quar.),,
50c
9-15
9-1
37»/2c
Lily-Tulip Cup Corp., (quar.): ,_,_,x,„x-x,
250
9-16
8-16
Lima Dord Sole & Heel „XxX,—Xx,„xx_,,x:
10c
25c
9-15
9- 4
30c
Llncolp Natl. Life Insurance (Ind.) (quar.)
20c y 9-15
9- 1
25c
Lincoln Service Corp., common (quar.) _x,x
:
ir $1
10- 1
9- 4
37 y2c
6 % participating preferred (quar.) ^.x-x-x$1%
10- 1
9- 4
87 Vic
7% prior preferred (quar.)
——,.
50c.
9-25
9-14 :
17V2C
Lindsay Light & Chemical, 7% pfd. (quar.),
25c
1
9-15
9- 1
r": $1%
Link Belt Co., 6V2% preferred (quar.)
x,
15c
9-24
9-14
25C
Liquid Carbonic, common (quar.)
—,
15c
10-29
10-19
$iy#
4V2 %, preferred A (quar.) ,_,,,„xxxxx,x,:
50c
25c;
9-15
9- 4
Little Miami: RR.- Co., special gtd. (quar.)
25c
50o
9-15
9- 4
Special guaranteed (quar.),—
31 V4c
•; 10- 1
9-18
$1.10
Original capital (quar.)
;
$l3/4'. s 10-1 : ' 9-18
$1.10
Original capital (quar.)
—
50c
10- 1
9- 4
Lock Joint Pipe Co., common (monthy)—$i
$1 Vi ;
$2
10- 1
9- 4
%% preferred (quar.) :,xx—x-xxxrx-x--.'—
30c
9-27
r 9-13
Lone Star Cement Corp. (quar.) „_x,,,,,,x- Vx' :75C
25c
9-15
9-4
Longhorn: Portland Cement—
^/. //
/
t
/
/
$iy4
/
5% participating preferred (quar.)—,x—
$5c
*
9- 9
y/ 8-26
::
Participating —„.x,x-x„*-x^.,x„x: ■Xr;: 25c
■:
—-
9-15
12-30
5C
x—-x—x—'--^-x,xT-x
Langleys, Ltd, 7% conv. preferred (accum.)
7% convertible preferred (accum.)
Lawyers Title Insurance (Va.)— 7
9-4
$1.50
5% preferred (s-a)_
Humble Oil & Refining Co, x-x-x-l/-x--xx—
Huttig Sash & Door, 7% preferred (quar.)-,
7 % preferred (quar.)
-x--x-x_xxHyde Park Breweries Assn. (irregular)
Imperial Paper & Color Corp. (irregular) —
Imperial Tobacco (Canada,)
ord. (interim)
6r/o preference (s-a) —x-x-.x——xxx—-
9-10
—
First
Howe
,9-16
—
Class B
4
9-30
2c : .-15-44
preferred (quar.),,,,,,.
7% preferred (quar.)
Lane-Wells Do. / ,xx;,xx^,x„
-
9-15
1
9-30
Motors,.
Landis
9- 7
/;
$ 1 Va-
—_
9-16«
9-15
10-
10-15
2c
.
*
Gas, .'Ltd.: '-.Jx—-i-x—x-X_—x-x-x^, -,
Oil Corp. (quar.)
Honolulu Plantation Co. (irregular) x-jl——
Honolulu Rapid Transit, Ltd., common —-x
Hooker Electrochemical 6% pfd. (quar.)
Hoover Co. -x— -Xx--U-x_,x—x-_~_x——;*
Houdaille-Hershey, class A (quar.)-.
—
Houston Light & Power (monthly) ;J.-.
8-31
..
Ferro
9-15
Kinney Mfg. Co., $6 non-cum. pfd. (quar.),,;
9- 7
Honolulu
9-14
—
Federated
10-
:
x
9-13
$lJ/2
(Charles
Honolulu
-
8-31
Fanny Farmer Candy Stores (quar,)—
37Vic
Fansteel Metallurgical, $5 pfd. (quar.)-.—SlVi
$5 preferred (quar.)—t—$1V4
Farmers & Traders Life Ins, (Syracuse, N; Y,)
:
^
■..'Quarterly .—^■.
$2Vi
10- 1
Federal Bake Shops, common (quar.)—;—
25c
9-30
Common (quar.)
25c
12-31
5% preferred (s-a) i,—12-31
Federal Mining & Smelting
$1
9-20
Federal-Mogul1 Corp.
25c
9-15
Federal Screw Works (quar.)
——Z'-:
25c
9-15
Federal Water & Gas Corp.
15c
9-30
75c
87y2c
/ 9-10
Home Fire & Marine Insurance (S. F.)—
/ -Quarterly': '• ;-.;x—x——x_'x--'Xx_—__xx—x-x-x'.
9-14,
10- 1
10- 1
10- 1.
9-30
12-20
3c
$25c
; io-
9-15
30c
25c
Ltd.—:
9-14
10- 1
65c
;
Falstaff Brewing Corporation, 6 % pfd. (s-a)
Famous Players Canadian Corp., Ltd.—-—-
02'/2c
9-10
Kobacker Stores, common
25c
Koppers Co., 6% preferred (quar.),,
$iy2
25c
Kresge (S. S.) Co.
40C
Kress (S. JH.) :& Co. _„X-,^,_,—,,—x-x
15c
Special preferred (quar.) X,xxx-----x-xx-. !'/i
Kroger Grocery & Baking— V.y,/"
:
6% 1st preferred (quar.)
$iy2
xx-,—•—x
•
7%
2nd preferred (quar.)
$1%
Lake Shore Mines, Ltd. (quar.)
$20C
/
$10c
Lamaque Gold Mines Ltd. (interim) ,—xxx
Extra
$10C
;.,x,_—x—-X,xxxx--,XxX,,i,,-x—x/:
10- 5
A
,Holly
10-1
$2Vi
25c
—
9-10
9- 4
9- 4
9-15
10-5
$50
9-22
12* 1
9-14
10- 4
il.25
12Vic
J—:
European & North American Ry, (s-a)
Eversharp, Inc., 5% preferred (quar.)———
10-
Klein (Emil) & Co. (quar.)
Kleinert (I. B.) Rubber Co.
.
9-22
9-10
80c
.
9-10,
$iy2
,
1
25o
E.) Co. (extra);
Hollander (A.) & Son —-xx—x—x!,--.-x——
Hollinger Consolidated Gold Mines—
vx-.'.X'/•'■ v>
$5 preferred (quar.) —
Eureka Vacuum Cleaner
10-
9- 8
«- 8
50c
XX.—x—xx——xxx'-x——xx-x----;
:
-preferred ' (quar.)
7 % prior preferred (quar.)
Hires
9-15
$25c
$3 non-cum. class A (quar.)
gtd. (quar.)
8-28
10-
25c
11-1
$l V2
x^-x—
5%
Hinde Si Dauch
9-21
9-4
—,
:
01 Reo.
25c
—
9-15
15c
(G.)
■
'
9-10
■
Erie & Pittsburgh RR.
Erie Railroad;'
."■■<,
(quar,)—.
-—x—,——,
9-28
$75c
(irreg.)—.;—,—
(quar,)
'
11-15
50c
Co.
3
9-
Extra'
preferred (quar.)
x
Kings County Lighting, 5%,pfd. (accum.) —
6% preferred (accum.) —.'x,
1% preferred (accum.)
Kingsburg Cotton Oil, common ,_x
■' Common'', ,,,,_x,—,——x,,^.——x--
9-158-31' .,/v
$75c
—
ClaSS
9-11
_
9-
'
-
common
Holdert
9-15
25C
50c
-
9-30
—
__
When
Payable
thare
2V2c
—.
8-31
50c
10- 1
Elgin National Watch Co.
———..xx.xx:/
25c
9-20
Empire & Bay State Telegraph—
■...
Empire Power, $2Vi partic. stock (accuni.) > ;
$1Z
9-10
Emporium Capwell Corp., common (quar.)—
35c
10- 1
1% preferred (s-a)
—
$34i
10-1
4Vi % preferred A (quar. )
-56Vic
10-1
Employers Casualty Do. (Dallas)
(quar.)
30c
11-1
Engineers Public Service, $6 pfd. (quar.)—
$lVi
10-1 $5 preferred (quar.),
$1V4 - .10- 1
$5Vi preferred (quar.)
10-1
English.1 Electric (Canada) —
>'*• //x'-/"';,'l' ■'
,
Per
.
62l/2c
Brewing x^x----x~-^--x-—
Hein-Werner Motor Parts
(quar.)
Helme (George W.) Co., common
:/. : 7 % preferred (quar,).
x—x-xi-x: Hercules
Powder Co<;:xx_—xx-— •'
Hewitt Rubber Corp. (quar.)
Hibbard, Spencer, Bartlett & Co. (monthly)
•; Monthly'^-xx-x-xx——xx-x_xr-,
Hickok Oil, class A
x-—
8-31
,
9-15
#
,
Corp, —.——-x_„x-,——-Mining Co. (quar,)
_x—,-x—x/
Heileman
9-1
,Z.//'''''r'/
10-15
10-15
60c .
9-30
25c
9-25
75c
10-1
:v/
t
■
Steel & Wire
6%
,
20c
Hazeltine
4
.
—
8-31
$1V4
.x——-x—
.
Canneries
9-1.
9-
9-10
50c
;
Hawaiian
8-24
,
Electric Co.
(Del.)—
preferred A (quar.)
preferred B (quar.)_,x,
Co.—
9-15
,
1
;™x
9-15
.
Paso
Kimberly-Clark,
9-7
$1V4
preferred (quar.)
Harrisburg Gas, 7 %■ preferred (quar.) —xx;
Hartman Tobacco Co., $4 prior pref. (accum.)
9-15
-
.7%
9-20
50c
6%
8-24
Eastern Massachusetts Street
El
keystone
9-30,
——,—
8-23
50c
Railway CO.— T
6% 1st preferred (accum.).
$1.50.
9-15
Eastman Kodak Co., common (quar.)
—
$l'/4
,10- 1.
6% preferred (quar.)
$lVi
10- 1
Economic: Investment Trust (irregular)—.—
$62Vic
10- 1
.Eddy Paper: Corp.
Xx-x-.:xx_xXx-~x,-,,,■,h 37Vic
9-14
Edison Brothers Stores, common ,_*;.,x---x-.:
20c
9-14
5% convertible preferred (quar.) ,,xxxr.-62Vic ; 9-14
5 % convertible preferred, ser. 1941 (quar.)
62Vic
v 9-14
El Paso Elec. Co. (Texas), $4Vi pfd. (quar.)
$lVi
10- 1 :
Eastern
x_—x-
x^
Harbison-Walker
9-15
'.
10- 1
9-10
prior pfd,
Copper
8-24
8-28
10-1
4Va%
(B. F.)
9-15
1
9-13
9-15
10-25
10-15
9-15
9-15
10- 1
pastern Gas & Fuel Assoc., 6 % pfd. (accum.)
■-
Name of pompany
,
9-13
10- 1
,5C.
pfd. (accum.)
(quar.).
Group No. 1 Oil Corp.
—x_—x
Gulf Oil Corp.
(quar,) ———
„xGulf Power Co., $6 preferred (quar.)x—xW
Gulf States Utilities, $5 (4 preferred (quar.)
$6 preferred (quar.) x—--x-—
Hackensack Water, 7% preferred A (quar.)
Hall (C. M.) Lamp —x—Hall (W. F.) Printing Co. (quar.)
—x_x
Hamilton Cotton, $2 conv, preferred (quar.)
Hamilton United Theatres, 7% pfd. accum.)
Hamilton Watch Co., common: (quar.)
Hammermill Paper Co., common_xx—i—v
4 Vi % preferred (quar.)
—
Hanna (M. A.) Co., common (irregular)-,-,.
10-
9-25
9-10
10-1
10-1
de Nemours & Co.—
(interim)
xX—-w-—.-j.-.---—.^i./■"
$1
$4Vi preferred (quar.) ,J,xX„—_—x——/: $1.12 Vi
Duquesne Light, 5% 1st preferred (quar.)—
$1V4
DUrez Plastics & Chemical, common (quar.)
50c
6% preferred (quar.) x-Xx-,-ix,.^-xx-xx:'N V:37ViC
Duro-Test ;Corp.'
x,,x—_,,„.:_x,_x„„5c
of Reo.
1
10-
$1%
Griggs, Coper & Co.
8-25
10-1
Common
Holdert
'
40c
(quar.)_„M
-
9-27
10- 1
10-15
(E. I.)
1
9-27
11-',1
$lVi
$2
'
,
..
9-20
^--;^..---.-.—60c
87 Vic
Bradstreet, common (quar.) —$6 preferred (quar.),,-.--.,--,—.—~—Duplan Corporation, 8% preferred* (quar.)—.
,
i
9-1
10-15
preferred (quar.) -xx;.--U-*xxx—$$1%
Draper Corp. (quar.) '';,,,x,,x-,_---,-x,.-x,_x'.:/
75c
du Pont
25c
Goodrich
(quar.)-.X—x—xx—X~xv*
Co., common (Increased)--,
9-27
9-10
10- 1
10-15
7%
Co,
Golden Cycle Corp,
;
Glens Falls
'
9-10
.
Driver-Harris
Goebel Brewing Co.
.
„„,,x,,x,-
■
Dun &
9-1
,11- 1
10-15
10- 1
$1V4
Dixie Cup Co., common —..
,,xi,,_x,,x,, ■': • ■ 25c
$2.50 class A (quar.)
—
62,/2C
Dobeckmun Company ,j,,x
1
25c
Doehler Die Casting
37 Vic
Doernbecher Mfg. Co.
;5c
Dominion Foundries & Steel (quar.)
$35c
Dominion Glass, Ltd,, common (quar.)
$$iy4
,1% preferred (quar.) ,x.---~-»-,,x-~—<—■/
$$1%
Dominion Stores, Ltd. __,x,,xx,_,,,,,,-x;.x.'//
tlOc
Dominion Tar, & Chemical, 5 Vi^ pfd. (quar.)
$$1%
Dominion Textile, common (quar.) ,
.,
; $$l1/4 '
less
8-31
Name of Company
Insurance (N. Y.) (quar.)
Globe-Wernicke,
7%
preferred (quar.)^*„x
9-15
$55 Vic
(quar.)
(payable in U.S. funds
When
Payable
ehare
9-10
9-15
25c
50c
75c
12y2c
15c
,x
—
of Reo,
9-1
9-15
8-28
9-11
3-1-44 2-10-44
9-10
8-31
9-10
8-31
Steel Corp (irregular)-—, x,-..-,—40c
Devonian Oil Co. (guar.)
25c
Dewey & Almy Chemical, common (quar.),,
25c
Detroit
Class B
Per
H older$
9-25
9-15
thare
„
When'
Payable
Per
Name ot Company
Monday, September 6, 1943
9-15
.
.
$1 prior preferred
Millter Tool & Mfg. Co. (quar.)—„
Minneapolis Brewing Co. (irregular)
Minneapolis Gas Light—
$5 partic.. units (quar.)
Minneapolis-Honeywell Regulator—
Common (quar.)
Minnesota Mining & Mfg. .Co
Mississippi Power, $6 preferred (quar.)—_
$7 preferred (quar.) ——
—_x„*
Mississippi River Power, 6% pfd. <quar.)„
Mississippi Valley Public Service—;
Common (quar.)
—
6% preferred B (quar.)
$iy2:
8-23
9-11
10-
1
9-16
'
10-1
9-
1
10-
1
10-
1
9-
1
10-
$iy2
$l3/4!
1
9-
1
1
$1.50
10-1
9-15
$iy2
10-1
,9-15
$iy2
10-1
9-15
$iy2
,10- 1
9-15
$i%
10- 1
9-15
15C
9-10
8-26
30c
9-10
9-1
IOC
9-
7
9- 2
25C
9-15
9- 2
50C
10-1
9-15
5c
9-30
9-8
37y2c
9-15
8-31
50c
9-12
9-2
5c
9-30
9-23
15C
9-15
$iy4
10- 1
50c
9-10
9- 2.
9-20
8-25
9-10
9-3
$iy2
$i%
$iy2
10-1
9-20
10-
1
9-20
10-
1
$i
10- 1
9-18
1
9-18
30c
$iy2
.
10-
9-15.
.
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4209
158
Judson, Voehringer Co.
Carpet Mills
Mock,
Mohawk
Molybdenum Corp. of America
Life
Monarch
(Springfield, Mass.)
Ins.
Semi-Annual
Auto
Equipment Co.
Chemical—
Monsanto
9-15
10-15
9-10
t313/4c
9-15
8-31
$l'/a
10-1
$lMz f 1-3-44
$1
12- 1
10-1
1-3-44
.
Moore
Loan
R.)
(Wm.
Morris
—
—_—
_
Industrial Society
Pan
(quar.)
______
Consolidated—
Cafeterias
Morrison
t$l
(quar.)
Goods,
Dry
Quarterly
$1'A
$1%
(quar,)
Mortgage
&
.
_
$2.25
$2.25
$2
10c
preferred A (s-a)_____
—_____
preferred B (s-a) 1
—
$4 preferred C (s-a) ____
—•
Montana-Dakota Utilities, common—_______
,5% preferred (quar.)
_______—1
6%* preferred (quar.)
—
Montreal Cottons Co., Ltd., com. (quar.)__
7% preferred (quar.)
__—
—$43/2
preferred' (quar.)
_____________—
of Columbia—
American shares (irregular)
:
Chemical
Mutual
6%
preferred
preferred
6%
8%
(quar.)
National Auto Fibres 6%
Biscuit
Breweries,
7%
Co.,
preferred
Casualty Co.
City Lines,
common
(quar.)_
—__ —
(quar.)
50c
11- 1
5%
—
—
preferred
(quar,
Electric Welding
National
$1V4
3%
non-cum.
National
9-18
9-25
10-15
9-14
10- 1
Natl.
Grocers
1%
Box.
Ltd.,
Co,,
Lead,
6%
$1.50
_________—__'
common
preferred A
preferred B
(irregular)
pref. (quar.),
common
(quar.)
(quar.)
—_—
Steel
Malleable
&
National
Standard
Co.
National
Steel
Car
Corp.
National
Steel
$1%
$l1/a
__—.
Corp.
National
,
Sugar
National
Supply,
(quar.)
Brothers
—
___________—
(quar.)
25c
9-15
9-15
10- 1
(accum.)—_____
20c
Newberry
(J. J.)
common
(quar.)________
60c
New England Public Service—
$6 prior preferred (accum.)
.___,—75c
$7 prior preferred (accum.)
_;
873/2c
New England Tel. & Tel. (irregular)
$1 Va
New Haven Clock, 63/2% preferred (accum.)
$l3/s
Nestle-Le
$2 class A
Mur,
9-15
9-15
9-30
New
New
Jersey
$l3/4
50c
7% preferred (quar.)___
Jersey Water,
Zinc
Co. _____________________
Newmont Mining Corp.
Newport Industries, Inc. _____
—
Newport News Shipbuilding & Dry Dock—
$5 convertible preferred (quar.)
New York City Omnibus (irregular)
New York & Queens Elec. Lt. & Pow., com.
373/2c
20c
Pfizer
9-22
(quar.)___w.
Niles-Bement-Pond
11- 1,
9-24
9-14
Class A
Noranda
9-30
10- 1
$1
.
(quar.)
' YY.
•
$6 1st preferred A (quar.)—Y——.—
$lVa
$6 1st preferred B (quar.)
____________
;; $lVa
Corp.—
Car
North American Co.—
1
,
•
,
Y,:Y
6%
25c
50c
50c
9-10
9-13
9-25
$12c
$$l3/2
15c
9-10
73/2c
9-30
10- 1
Metals
10- 1
10- 1
3
shares of
10- 1
9-15
9-20
9-30
9-15
*
9-10
Liberties
Northern
Natural Gas Co,
Northern
Ontario Power, common
_______——
____——
preferred (quar.)
7%
Rubber,
&
preferred
Pharmacal
Norwich
Nu-Enamel
6%
$25c
(quar.)__.
$3
pfd. A (accum.)____,
prior pfd. (quar.)_—
$6
$l'/4
$l!/a
Tube,
common
40c
__—
43%c
prior preference (qua,r.)—_
$1.75
Ohio Water Service, Class A,
Oklahoma Gas & Elec.,
8%
Corp.,
Omnibus
$1
$l3/2
common
6% preferred (quar.)
(quar;)
preferred
7%
.—._
(quar.)
preferred
Seamless
20c
______—
_—
common
5%
Ohio Finance Co.,
Ohio
Co.
Mills
Water,
Cities
Ohio
common
(quar.)__
Corp.
Flour
Ogilvie
—
$1%
preferred
Paraffine
&
Tilford,
6%
conv.
Co., Ltd., common (quar.)
preferred
(quar.)
______
Peabody Coal Co., 6% preferred (accum.)
Peck Stow & Wilcox (irregular)
Penick & Ford, Ltd.
Peninsular Telephone, common
(quar.)____
Penn
(quar,)
class A (quar.)
cumulative class A (quar.)
cumulative
Electric
Switch—
.
9-1
10- 1
7-9
10- 1
7-9
9- 7
10- 1
9-15
8-25
9-15
9- 1
10- 1
9-15
9-27
9-10
10-15
10- 1
10- 1
9-23
9-10
9- 3
9-30
9-15
9-20
9-4
!$i
9-15
9-15
9-10
8-31
8-31
8-30
9-10
t$l3/4
$1.50
•
20c
9-20
75c
9-14
50c
10- 1
50c
1-1-44
35c
11-15
35c 2-15-44
9- 1
9-15
12-15
11- 5
2-5-44
9-15
9- 1
30c
1
50c
8-25
Siscoe
25c
9-15
9-
4
9-15
9-
4
35c
9-10
8-20
Socony-Vacuum
40c
9-10
R-17
Sonotone
9-15
9-10
$iy4
1
9-
10-
1
9-
9-30
9-
3
9-30
9-
3
30c
10-22
50c
10-
9-13
20c
10-
$6
B
class
Service
prior
8-31
N.
each
Phosphate
Co.,
Royalty
Southland
Southwestern
8-24
9-25
9-15
payment
Oct.
Y
9-
9
8
9-15
9-
1
Standard
9-17
9-
3
Standard
9-15
10-
8-30
Standard
of
preferred
Regent Knitting
preferred
preferred
Republic Steel
6%
A
y4
9-15
8-31
9-30
8-31
9-15
8-13
Inc.
9-15
9-15
Russell
Sabin
Co.
Mfg,
9-15
8-13
9-15
8-13
10-
/
'
;
Sun
9-25
9-13
Sundstrand
9-25-"
9-13
Sunset
V
9-20
10-
9-15
Safeway
T
Service
Y
.
$1
$l3/2
25c
Loan
Quarterly
Savannah
6%
7%
&
debenture C
D
Power
B
(quar)
(quar.)
common
Lace
of
Corp,
(quar.)
(quar.)
Co.
9-
1
1
9-15
8-16
9-15
8-16
9-15
8-16
9-15
9-1
37V2C
9-15
8-31
$iy4
10-15
9-30
5%
share)
1
r
10- 1
9-20
9-15
9- 4
9- 4
'">1
9-16
12-31
12-17
$15o
10-
1
9-20
$75c
10-
1
9-20
$iy4
10-
1
9-10
$iy4
10-
1
9-10
9-15
8-25
9-20
9-10
tic
9-15
10c
9-30
15C
9-
3
30c
10-
1
;
x.—
L_
9-15
30c
9-25
25c
;
preferred
Inc.
9-
1
9v
1
8-27
9^15
8-28
9-
9
9-
1
10-
25C
10- 1
9-18
$3c
1
10-15
9-
$iy4
11-
1
9-17
10c
10-
1
9-15
68 %o
10-
1
9-15
11- 1
11- 1
10- 2
10- 1
10- 1
9-15
10- 1
10- 1
10- 1
10- 1
9-15
9-15
9-10
9-20
_i
1
(interim)
8-27
Teck-Hughes Gold Mines
Tecumseh
9-10
7%
8-28
1st
Products
pfd.
37V2c
37V2c
9-30
12-31
10-
1
8-31
1
Tennessee
1
Texas
Company
8-31
Texas
Gulf Sulphur Co.
Oil & Land Co,
Corp.
9-
Tilo
8-31
$5 preferred
Products,
common
—
(quar.)
___
9-10
7%
8-25
9- 3
1
9-15
10-
1
9-15
9-
7
8-10'
9-15
25c
9-15
9-^ 1
9-
1
7
8-24
50C
9-10
8-20
11-10
$65y2c
5y4%
9-
25c
11-15
20c
9-15
9-
5;
$l3/4
9-15
9-
5
20C
9-10
8-30
$1%
9-15
9-
50c
(quar.)
9-30
9-15
'
(quar.)
Coal,
9-15
9-10
10-
750
common
preferred
53/2%
8-16
(quar.)
Film Corp.—
(irregular)
i
—_
4
Twentieth Century-Fox
9-15
'
Common
9-15
—
1
$43/2 prior preferred (initial)
$1V2 convertible preferred (quar.)
Twin Disc Clutch
(quar.)
4
8-31
$iy8
9-15
9-
37 %c
9-30
9-15
75c
9-25
9-15
Unexcelled
9-15
9-11
9-
preferred
8-25
—______
Corp.
Trinity Universal Insurance (Dallas)
Trion Co., common (quar.)__
Truax-Traer
9-15
t$l3A
pfd. (quar.)
Transue & Williams Steel Forging Corp
9-10
1
9-15
5%
Tokheim Oil Tank & Pump Co.
9-10
1
1
10-
—
Todd
9-10
1
99-
t7y2c
(interim)
9-10
10-15
11-24
9-
50O
Tip Top Tailors, Ltd., common (quar.)
7% preferred (quar.)
Tobacco Securities Trust Co., Ltd.—
10-15
1
9-15
350
______
9-23
Elevators,
12-
9-15
10c
——
Shipyards
1
9-7*
9-15
$iy4
(quar.)
Ordinary registered
3
9-
9-27
1
25C
Time,
8-31
9-14
9-
9-15
75c
8-19
11-15
9-30
10,
4
10c
(quar.)
Roofing, common
convertible preferred
Inc.
8-27
$2%
(s-a)
(quar.)
$1.40
9-14
9-15
10c
——
common
prior preferred
$5
9-
50c
(quar.)
convertible preferred
Thompson
1
10-20
9-20
50c
(quar.)
Thermatomic Carbon,
$3
10c
—
i2yac
9-15
Mfg.
Carbide
Co.
&
Union
9-10
Union Pacific RR.,
common
(quar.)
9-
1
75c
10-
1
9-
3
$iy2
(quar.)___,
Carbon
8-31
10-
1
9-
10-
Sugar
Aircraft
Products
(quar.)
_____
9-15
8-25
United Elastic
8-27
\
7
9-
7
9-
1
9-15
9-
I
9-15
8-25
9-15
8-25
35c
—______
1
25C
;
Co.
9-10
25c
preferred
Union
30c
25c
4%
8-31
9-24
9-
$2.
2
United Fuel Investments, Ltd.—
12-15
6%
12-15
United
9-
1
12-
1
9-15
12-15
Corp.
class A preference
Light
&
preferred (monthly)
preferred
(monthly)
preferred (monthly)
_______
«
—.__—
Com.
—
(Initial payment on a quarterly basis)
25c
9-15
8-31
9-15
8-31
9-15
9-10
50o
9-14
8-2 0.
U.
10-
9-10
9-10
$1.87!/2
10-
1
9-10
$2
10-
1
9-10
S.
1
9-15
53c
10-
1
9-15
50c
10-
1
9-15
Playing
Card (quar.)
50c
9-15
9-
4
1
9-15
1-3-44
12-17
$iy4
$iy4
$iy4
5%
$1%
12y2c
9-10
1
10-
Merchants & Mfrs.—
United
'
$iy»
—
10- 1
10- 1
10-
(Del.)—
6.36%
6%
9-10
t75c
58y,C
(quar.)—
Railways Co.
preferred (quar.)
5% preferred (quar.)
5% preferred (quar.)
5% preferred (quar.)
United N. J. RR. 81 Canal (quar.)
U. S. Grahpite Co.
U. S. Guarantee Co. (quar.)
U. S. Gypsum Co., common (quar.)
7% preferred (quar.)
U. S. Leather Co., 7% prior pref.
1
9-10
25c
9-
11-
7%
9-15
12-15
1
(accum.)
United
25c
25c
9-10
10-
35C
^___—
9-20
9-10
12-23
12-23
1
Telephone Bond & Share—
8-31
9-28
8-20
10-
t62y2c
tioc
(quar.)
9-10
9-15'
15c
t20c
(quar.).
common
Texon
12- 1
9-15
10- 1
10- 1
(quar.)
;
Ltd.,
(G.)
9-15
$1.75
9-30
30c
9-15
10- 1
10- 1
9- 7
$1.62 V2
9-15
$iy4
$iy*
65c
common
9-28
$3
5!/2% preferred (quar.)
Schlage Lock (quar.)
Scranton
9-15
10- 1
10- 1
9-15
9-25
11-30
9-15
Co.—
(quar.)_
(quar.)
debenture
debenture A
Co.,
'
Association—
—;
(s-a)
debenture
7l/z%
8%
Electric
preferred
6y2%
:
10-
9-15
1
50c
¥__
(s-a)
(quar.)
Union Wire Rope (quar.)
$3
.
_____
10-
$l3/4
(quar.)__
(irregular)
Co. (quar.)
participating
Talon,
9-30
$iy2
(irregular)
Remedial
t$2
Tool
Oil
Co.
5 y2 %
'
9-10
50c
(irregular)—
Quarterly
9-15
.
Company—
B
Francisco
Y :
10-25
9-10
11- 1
9-15
10- 1
9- 9
10-14
10c
B
9-10
$iy8
Sylvania Electric Products (quar.)
Sylvanite Gold Mines (quar.)
Tacony-Palmyra Bridge, 5% pfd. (quar.)
Talcott (James) common (quar.)
10- 1
$1.75
$1
(s-a)
Class
10-15
9-20
25c
common
15c
——__
Class
San
•
.
&
Preferred
25c
$l3/4
$1% '
75c
$lJ/2
25c
37y2c
25c
50c
tic
pfd.; (quar.)
(quar.)
and
11- 1
25C
Mills, Inc. (initial)
Superior Steel Corp
Sutherland Paper Co.
(quar.)
'•
$iy2
$lJ/2
________
and
$iy4
$iy»
25c
Machine
Mining
Tamblyn
25c
$2y2
37V2c
50c
50c
50c
—
A
9- 4
(quar.)
Thermoid Co..
—
7%
9-15
Susquehanna
Swift
$lJ/2
(quar.)
Class A
Class
(Ohio)
(quar.)
Oils, Ltd.
Sunshine
3
873/2c
—_—___
Joseph Lead Co.
Louis Bridge, 6% 1st preferred
3%
2nd preferred
(s-a)____
Public
,
:
15c
15c
25c
St.
Louis
Co.
Co.
Toronto
St.
St.
9-
Oil
Swan-Finch
50c
—___
Co..
1
9-15*
1
50C
Kentucky (quar.)
50c
Paper
9-
10-
40C
8-30
$iy4
$iy2
20c
^_____
Heating & Lighting
Steel Products ——
3
9-15
$1.50
$1.13
7
60o
9-30
;
(quar.)
Car
9-
(quar.)
Steel Spring—
dividend (l-20th
10-1
Y '
Co.
Robbins
Safety
of
preferred
1
de-
__________
■——:—
8-21
9-13
__
'
(resumed)
9-10
preferred (quar.)
;
5% preferred (quar.)
Stedman Brothers, Ltd., common (quar.)
6% preferred (quar.)
Strawbridge & Clothier, 5% pfd. (accum.)_„
$5 preferred (quar.)
8-13
/
;
(quar.)
50c
i2y2c
5%
the
(quar.)___
Co.
9-
Extra
..
10-15
*
(quar.)
Corp.
9-15
Stecher-Traung Lithograph—
',/
—
(quar.)
10-15
Quarterly
Y
common
Royal Crest Petroleums
Ruberoid
Oil
$1%
$1%
_—________—;
(quar.)
B
Corp.,
(H,- H.)
Aircraft
Bros.
Standard
50c
Fund, Inc.—
(quar.)__
Riegel Paper Corp.
Roos
5
50c
(quar.)—
7% 1st pfd. (quar.)__
7% 2nd preferred (quar.)—______
—
Common
(irregular)
—
Richmond Water Works, 6% pfd. (quar.)__
Rohr
10-
$iy4
Dry Goods,
Robertson
Oil
8-31
$iy4
Manufacturing Co., com.
Rice-Stix
Standard
9-15
Mills—
preferred
preferred (quar.)
prior preferred A
Rheem
9
$2
(quar.).
Republic Investors,
6%
8-
10-15
(quar.Y—40c
Reliance Grain Co., 6'/2% preferred (accum.) t$1.62J/2
Remington Rand, Inc., common (interim)—
25c
$43/2 preferred (quar.) _____
$iya
non-cum.
6%
8
/
Inc.
Indiana
of
9-
50c
50c
$1%
—
preferred
9-20
10- 5
$1
8-25':'
25c
$iy4
-—
(quar.)
1
25c
Oil
9-15
plus
be
Rayonier, Inc., $2 preferred (quar.)
Reading Co., 4 % non-cum, 1st pfd,
6%
1
5%
—______
$1.60
9-
1
10-
8-14
Standard
Railway Equipment & Realty—
$6 preferred (accum.)
—______
Rath Packing Co., common
5% preferred (s-a)
Second
1
10-13
$iy2
(quar.)__
10-
____
Oil Refining
Raybestos-Manhattan,
preferred
8-31
10-15
$iy2
(quar.)
10-15
}$1%
$iy4
$5c
Corp of America—
1st
$4y2
9-15
35c
(quar.)
63/2% preferred (accum.)
Standard Natl. Corp. (N. Y.) 7% pfd. (final)
Standard Oil of California (irregular)
B
...
—
Quaker Oats Co., common
6% preferred (quar.)
convertible
(Dallas)
Fuel,
preferred (quar.)
6% preferred (quar.) _________________
Pyrene Mfg. Co.
—___________
$3j/2
Ins.
Brands,
Oil, 5%
Quaker State
Life
9-30
9-15
10c
pfd.
non-cum.
9-20
9-10
20c
clared at a later date for which a new
Radio
10c
5%
9-20
5
1
8-20
Standard Wholesale Phosphate & Acid Wks.—
that
will
15th
9-16
10-
$iy4
Corp
Southwestern Light & Power, $6 pfd.
9-10
$1 y4
record date will be established.
Pullman, Inc.
$1
8-31*
(irregular)
10-15
1
10-
previously declared, will
holders of record'Sept.
the same dividend due
on
9-16
9-24
Gas
10-15
10-
9-15
$2.50 for each share
announced
9-20
9-30
(quar.)
9-15
arrears).
all
10-15
25C
Railway
^.. >
distribution
9-15
t$iy2
(quar.)
Southern
Natural
t$iy2
$75c
(quar.)
com.
10-15
Power—
preferred
8-31
$iy2
J.,
(clears
a
also
was
paid to
and that
Canada
partic.
9-13
9-10
9-15
10-
37y2c
(quar.)
B
Southern Pacific Co.
100
class
and
$5 prior preference stock,
It
preferred
12-15
—
announces
dividend
Pure
1
$iy2
$iy8
California Edison—
12-15
_______
(quar.)
be
20th,
9- 4.
9-15
(monthly)
not
for
1
9-
:
of
dividend of
held.
4
10-
9-15
Power & Light—
of
cash
a
9-
$1
Stock
preference
Company
share
1
$5c
for
common
(quar.)
pfd.
Puget Sound
$5
1
10-
8-31
__
•
9-
$iy2
9-30
(monthly)
7% preferred (quar.)
8% preferred (quar.)
Public Service Co. of Okla., 5% pfd. (quar.)
Public Service Elec. & Gas., $5 pfd. (quar.)
Publication Corp., common voting (quar.)
Common non-voting
(quar.)
Original preferred (quar.),
j,
■
9-24
$1%
preferred
1st
5c
15c
common
A
Corp.
6%i preferred
7%
8-19*
Corp.
held.
$5 preferred
6%
9-10
9-15
$1%
preferred .(quar.)
Public
9-10
25C
6%
25c
(quar.
8-31
8-12
25c
Mines
1
10-
9-21
(initial)
Oil Co. (
Spalding (A. G.) & Bros., $1.50 pfd. (irreg.)
Sparks-Withington, 6% conv. pfd. (quar.)__
Spencer Kellogg & Sons (irregular)
Spencer Trask ^und
Spiegel, Inc. $4.50 conv. preferred (quar.)
Springfield Fire & Marine Insurance (quar.)
Squibb (E. R.) & Sons, common
$5 preferred A (quar.)
Staley (A. E.) Mfg. Co., $5 pfd. (quar.)__
(quar.)—
10-
30c
preferred
$1.20
25c
Co.
9-15
8-21
Southern
25c
Inc.
1
1
9-21
Southern
1
$1
(quar.)_
8-23
10-
J20c
)'_
(quar.)
Southern
____
9-11
9-
9-20
30c
Mines
9-15
$l3/4
$l3/4
9-11
1
9-21
8-31
Gold
10c
•:
9-25
10-
9-15
8-28
1
8-25
*20c
(accum.
Co.
Southern
10-
9-15
8-31
UVaC
Steel
&
9-15
75c
8-25
1
Saw
1
•
8-25
9-15
9-15
6%
$25c
7
350
preferred A (accum.)
4.6%
preferred B (accum.)
South Carolina Power, $6 1st. pfd.> (quar.)
South Pittsburgh Water, 43/2%
pfd. (quar.)
9-10
1
10-
9-
Sorg Paper, 6%
1
50c
9-15
40c
New
1
$1V2
_r._-.____1*
10-
9-10
23c
Sloss-Sheffield Steel & Iron, new com. (initial)
Public Service Co. of New Hampshire—
$5 preferred (quar. )___J—
Schiff
-
$1.20 preferred class A (quar.)
Pennsylvania-Dixie Cement Corp.—
$7 conv. pfd. series A (accum.)
10- 1
-1:15c
30c
(quar.)
Mfg.
$1.40
8-25
25c
preferred
7%
$1.40
10-15
30c
75c
Appliance Co. (quar.)
Parker-Wolverine
(quar.)
Common
8-25
10-15
50c
______—,___
Parker
Paton
8-31
9-15
8-31
8-31
$1
(quar.)
$4 preferred (quar.) —
Paramount Pictures (quar.)
Park
9-10
8-31
20c
50c
50c
Ltd. (quar.)
common
P 9-10
i$l'/4
(quar.)
Cos.,
9- 4
$50c
\
__—
Page-Hersey Tubes,
8-30
$$l3/4
Railway (quar.)___,
Heat & Power, com. (quar.)__
5% preferred (quar.)
Paauhau Sugar Plantations Co. (increased)
Pacific Indemnity Co. (quar.)
__
Ottawa Light
Pacific Mills
9*T5
9-20
$$l3/4
(irregular)
common
(quar.)
Electric
Ottawa
8-25
9-15
9-15
11-15
11-15
9-20
$25c
(quar.)
Elevator Co.,
6%
9-30
25c
(quar.)
—
Steel Products, Ltd., com. (interim)
preferred
7%
Otis
8- 2
8-28
$l'/2
Oneida, Ltd., common
1% participating preferred
Ontario
10- 1
183/4c
4334c
(quar.)
9-15
$2
—:
—
preferred
9-10
Amer
class
of
common
9-11
9-10
(s-a)
Northern
Tire
of
8-28
$1
75c
25c
5c
Simonds
Canada, 6% 1st pfd. (quar.)
partic. preferred (quar.)
Dome
9-10
Corp.
Mfg.
9-10
25c
Insurance
1
10c
:
Alexander,
10-
Shuron
1
1
37'/2c
25c
9-25
(quar.)
Accident
shares
9-15
(quar.)
(N .Y.)
Gas
&
East
^
8-20
River Insurance
______——
8-31
9-
9-10
$iy4
1
Proprietary Mines, Ltd. (irregular)
Prosperity Co., class A & B (stock dividend)
9-30
(quar.)___—___——_—873/2c
10-25
10-25
9-15
9-30
North
—i—
(quar.)
9-30
8-10
9-15
1
(quar.)
1
Price Bros. & Co., Ltd., 5y2% pfd. (quar.)__
Procter & Gamble Co., 5% preferred (quar.)
^■ '•
9-3
8-10
9-10
9- 3
8-25
10- 1
9-10
preferred (quar.)
Pennsylvania RR.
Norwalk
■
Sheller
9-10
10-
(quar.)
10-
;
Co.
Preston
-
75c
$1
North
6%
•
9-15
Co.
\ 30c
(s-a)
Pressed
9-24
9-24
t
YYY
—10- 1
717/bc
10- 1
one
(quar.)
preferred
5%%
i
...
1
10-20*
10c
common
preferred
10-
Co.
non-cum,
Preferred
v
hundred shares of North Amer. Co. held—
Electric for every
Gas &
cific
...
(stock dividend) one share of Pa-
Common
10-
convertible
(F. G.)
$5
10-
(initial)
Oil
Powdrell
„
10- 1
10- 1
50c
Corp.,
Shattuck
Optical Co.
Silverwood Dairies, Ltd., common
40c partic. preference (s-a)
(quar.)
Paper Box Co., 7%
preferred (quar.)
6%
Steel
Sharon
9-11
1
10c
873/aC
Co.
Power Corp. of
8-13
8-21
,
8
9-21
1
8-30*
10-20*
11-
25c
(quar.)__
com.
25c
$1.06'/4
(quar.)
Governor
7%
v
11-15
: 9-15
9-10
50c
f$l
$23/2
—
9-
1
10-
of Reo.
1
75c
(quar.)
Corp.,
(quar.)
B
10-15
$1
j
Pollack
.■
(quar.)_____
Mines
(quar.)—
American
Dodge
Plymouth
9- 3
9-15
50c
10-
Class
$1%
(s-a).
Exploration
preferred
9-15
9- 8
Corp.—
Norfolk & Western Ry., common
North
*
,
9-15
35c
r:-7% preferred (quar.)______
Pittsburgh' Metallurgical Co. (irregular)
10-15
9- 9
8-20
$lv2
J25c
.
Hundred
Nineteen
1
t2c
Philadelphia Co., $5 pfd. (quar.)_
$6 preferred (quar.)___
Philadelphia Electric Co., common
-
$1
$1%
———
9-15
10-
(quar.)
Del.
50c
H.)
$1.25
preferred A (quar.)
Niagara Wire Weaving Co.
1
(quar.)
(Charles)
Phelps
Niagara Share Corp. (Md.)—
6%
10-
(quar.)_
Pittsburgh Fort Wayne & Chicago Ry.—
Common (quar.)
9-11
8-20
8-27
9-10
"
$1V4
$1
$iy4
4
9-8
9-15
9-13
10- 1,
9-10
9-15
(quar.) ______________—15c
N. J. Power & Light, $6 preferred (quar.)__r
$l3/2
Inc.
New Idea
9-15
(quar.)
of
Acceptance
preferred
Security Title Bldg., $7 partic. pfd.' (accum.)
Seeman Brothers, Inc. (quar.)_
Selby Shoe Co.
Serrick Corp. Class A (quar.)__,
8-31
1
Co.
9-13
11-
$iy8
(quar.)
6%
9-15
9-15
10-
Pittsburgh Brewing, $3y2 preferred (accum.)
Pitsburgh Forgings
8-31
8-31
9-10
9-15
9-30
10- 1
_____
10-
12Vs-c
45c
Holders
$1
Sears, Roebuck & Co.
Oil
(quar.)
:
(N.
Inc.,
Common
8-31
9-10
9-16
—
9-15
Pilgrim Exploration Co.
1
Pittsburgh, Bessemer & Lake Erie RR.—
10-22
9-30
9-30
9-30
(accum.)
prior preferred (accum.)____.
$2.10 preferred (accum.)____
Paul
Pierce
9-1
9-10
9- 3
$1%
$ 1V2
50c
prior pref.
6%
Neisner
-
9- 4
9-15
9-17
9-17
9-17
—
53/2%
25c
50c
t$l
75c
25c
(quar.)
(quar.)
Refining_______.______.__w-,.
National
*
Castings..
10-
__
9- 4
9-10
9-15
(s-a)__
Folding
National
2c
$23/2
$l3/2
50c
373/2c
123/2c
(quar.)
1st pfd.
2nd preferred (s-a)
non-cum.
Securities
Philadelphia Electric Power, 8% pfd. (quar.)
Philadelphia Transportation—
Participating preferred (irregular)
1
Philco Corp. (irregular)
Photo Engravers & Electrotypers (reduced)
10-16
8-10
8-20
.9-4
8-31
8-31
10-20
12- 1
12-1
9-24
Machine
National Erie, 5%
Seaboard
9-15
Extra
10-16
11- 1
9-10
9-15.
10- 1
9-10
9-10
10-30
12-20
12-20
10-1
10- 1
9-30
9-15
11- 1
•
9-15
Payable
(quar.)
15c
RR.
Petroleum
8-31
8-31
75c
20c
25c
25c
50c
—
9-15
10-
.
Milk, common (quar.)
preferred (quar.)
Peter
9-3
9-15
9-15
preferred (quar,)
National Cylinder Gas. Co.
(quar.}—National Container Corp. (quar.)
National. Dairy
Products (increased)
National Discount Corp., common (irreg.)
10-
10-
$1.50
$1.75
(quar.)_
Works, 7% preferred
4!/4 %
11-10
9-10
9-3
25c
25c
(quar.)
(quar.)
(Detroit)
common
$4y2" preferred
25c
Circle
Peterboro
9-16
12-16
9-30
9-30
12- 1
10-15
10- 1,
10- 1
15c
30c
t50c
t44c
convertible
$3
Pet
8-27
9-13
8-20
9- 1
9-18,
9-10
9-28
12-28
10-15
10-15
2c
(quar,)—
pfd.
conv.
(quar.)
National
Class A
37y2c
(quar.)
common
Ltd.
National
v
—
(quar.)__
Inc., common
National
10-1
9-30
$l'/a
$1V2
—
__
preferred
National
30c
25c
—-
(quar.;
Mutual System,
•
9-15
9-10
$1V4
(quar.)
Perron Gold Mines (quar.)
of America—
Co.
Water
Perfect
9-21
9-10
9-29
9-10
$2
$5
10-
When
share
Company
common
$4 preferred
$iVa
preferred
Pennsylvania Water & Power, com.
$5
preferred
(quar.)
Peoples Drug Stores (irregular)
Peoples Gas Light & Coke Co.
Peoria
Co.,
9-10
$1.25
;>
31c
$1V4
20c
preferred (quar.)—,
Motor Wheel Corp, (quar.)
_.—____
Muncie Water Works, 8% pfd, (quar.).
_,
Murray-Ohio Manufacturing Co.
Muskegon Piston Ring Co. (irregular)——
Finance,
9-30,
70c
(quar.)
Pennsylvania Salt Mfg..
Pennsylvania Sugar, 5%
11-25
,,
Scott Paper
9-10
_
9-15
9-15
9-15
8-16
8-16
10- 1
$1%
7%
Mortgage .Bank
Motor
$7 preferred
Per
Name of
of ReOi
10-
'
______
;
*•'
(quar.)
75c
Holder»
$1V4
Pennsylvania Glass Sand Corp., com. (quar.)
5 r/o
preferred (quar.)
'
Pennsylvania Power & Lt. Co., $5 pfd. (quar.)
$6 preferred (quar.)
}}~10
$$l3/4
12- 1
12- 1
12- 1
10- 1
10- 1
10- 1
9-15
9-15
15c
preferred
$2.80
10- 1
9- 1
—
__
When
Payable
Co. (quar.)
Pennsylvania Edison Co., $5 preferred (quar.)
9- 1
$1%
Company
Penney (J. C.)
8-30
8-24
9-15
9- 7
9- 9
10- 1
$1V4
(quar.)
$43/2
Montreal
Name of
of Rec,
—
-—
Monongahela Valley Water, 7%. pfd.
Monroe
Payable
25c
50c
12y2c
—
Per
share
Holders
When
Per
Share
Name of Company
951
10-
4-1-44
3-15-44
7-1-44
6-15-44
$2P2
10-10
9-10
20c
9-15
9-
40c
9-30
9-10.
1.
50C
1
9-15
$13/4
(quar.)
1010-
1
9-15
$33A
10-
1
9-10
50c
10-
1
9-15
•
Payable
ihare
•
United States Pipe & Foundry Co.—
9-20
50c
Quarterly
Quarterly
50c
12-20
$1.50
9-15
$114
10- 1
25C
9-24
9-10 /
$2
9-24
9-10
$1
9-20
8-20
$1.25
10-15
"
U. S. Potash Co.,
preferred (quar.)..
6%
U. S. Printing & Lithograph—
preferred
6%
(accumulated)
A
S. Rubber Co.,
0.
-2.
common
non-cumulative 1st preferred —
U. S. Steel Corp., common
U. S. Sugar Corp., $5 preferred (quar.)_—
69«>
$5 preferred (quar.i
$5 preferred (quar.)
preferred (quar)
6.4% preferred A (quar.)
6.4% preferred A (quar.)
6.4% preferred A (quar.).
6.4% preferred A (quar.)
Tobacco
S.
Co.,
40c
-
(quarterly)
8%
Common
preferred (quar.)
preferred (quar.)
Upressit Metal Cap Corp., 8% pfd.
Upson-Walton Co. —
.
Utica Knitting
Co.—
6% prior preferred, (quar.)
6% prior preferred (quar.)——
6%
8-30
62 %C
9.-15
9-
62+aC
121010-
Common
(accum.)
(quar.)
(s-a)
Common
9-10
9-
1
$1.75
9-10
9-
1
$1.75
12-10
12-
1
Loans
50c
9-15
9-
1
Loans—total:
*
Pacific Ry.—1
'
—
(quar.<)
-
9-20
8-31
9-20
10-20
50c
9-15
9-15 '
8-21
9-20
9-1
9-10
9-
$20c
9-10
1
9-20
t$l
9+L5
8-13
125c
9-15
8-13
40c
9-11
9-15
9-15
Water,
Wiebolt
Stores,
9-15
9-
$1.75
9-15
9-
50c
.9-24
9-15
•
Extra
•
(quar.)
12-
1
9-15
.8-25
$1+2
10-
1
50c
10-
1
9-30
9-16
.
Woodward
7%
&
Lothrop,
preferred
:
12-
12-16
25c
:
10-
,
5c
1
9-15
9-15
4+2%
prior
10-
conv.
1-3-44
25C
9-15
'9-15
9-
1
10-
1
9-11-.
10-
1
9-
9-10
9-3
100
2
—287
140
+
-5
107
50
+
18
49
'
10-
1
$1
10-
1
9-15
10-
hand
on
39
$43 lot
10c lot
$45 lot-
——
Athenaeum
Security-Investors,
Associated
Utility
Public
Title
Corp.,
255
Inc., $6 cum. pfd.; 15
Inc., common; 440 Cen¬
common
Guarantee
($1- par); 10
Co., common
vtc
Trust
&
(12+2 par); 29 and 14-20 Public Indemnity Co,, .temp,
ctf. ($2+2 par); 380 Van Sweringen Corp., common; 10
Missouri State Life Insurance Co. ($10 par); 84 Na¬
($5 par); 35 Asso¬
Ci
100 Shawmut Bank
Texas Gas Utilities
.*!_*—
$135 lot)
Co., common ($1 par)***—„—*_*_
Texas Gas Distributing Co., common vtc.; 240 United
State3
Electric Power Corp., common
($1 par); 10
Granite City Pig iron Co.,
common vtc.; 20 Public
Utilities Securities Corp., $7 cum. part, pxef.; 40 Massa¬
chusetts Cities Realty Co., part, pref.; $20,000 Stevens
ciated Gas & Electric
.10
Sept. 2, '42
Aug. 25, '43
68,502 ;
—
19,967,714
103,347
16,933
+
316,929
—
+
: *
594,411
cash
65,191
—
20,387,990
—
88,813
liquidation paid; $200 Stevens Realty Co., second mtge,
real estate 5s, Jan. 1, 1936, coups. July, 1928 and sub.
on
$50 pieces; $9,000 The Windemere, 1st mtg. 6+2S,
June 15, 1939 three payments made; $4.90 Scrip ctf.
for fractional share stock Argo Oil Company; $2,500
415,352
S. Gov't obli¬
.68,754
tian
2,791
—
9-15
9-10
68,754
9-11
.
59,358
4,695
+
.
1
28,390
$1%
$1%
10-
$1+4
10-
1
9-20
75c
10-
1
9-20
9-10
8-31
1
10-15
11- 1
128
—
11,663
Industrial advances
—
12
10-15
10-
10-15
20c
.
11-
$1+2
$1
U.
1
26,300
+
75,850
+
307,869 <
9,186,830
+410,019"
9,267,247
+
■;.
156,355
4,705
—
Notes'
-
L—^_***__.
Certificates
Bills
$1+8
9-15;
—;
S. Govt,
$1%
8-31,
$1+2
9-15
and
direct
8-31
9-15
8-31.
25c
10-
1
10-
1
Due
9-10
securities*—
banks—
notes of other banks—
Uncollected items
9-18
9-
8
50c
9-28
9-16
$1+4
9-28
841,577
+5,117,979
+
?
—
——
+
+
62,660
1,440,629
38,544
66,235
582
18,163
58
+5,798,496
'
+-
+
34,169
+
364,280
1,768
9-16,
Bank
i
Other
premises
assets
Total
9-15
$1+8
99-
*—
assets
31,263,432
——
3
na'2c
10-
1
10-
1
9-20
Sl34
10-
1
*
15c
10- 1
9-10
10-
9-17
1
25c
10-
1
9-IT
$1.75
10-
1
9-17
9-15
1
9-15
25C
.
2,164
+ 393,941
We give
world.
'
+
9-
13,498
+5,848,066
$1,000 South Penn
$120 lot
255
'
Bank is now cer¬
different countries of thd
of 1930, the Federal Reserve
of Section 522 of the Tariff Act
Secretary of the Treasury the buying rate for cable transfers in the
gelow a record for the week just passed:
, .
EXCHANGE RATES CERTIFIED BY FEDERAL RESERVE BANK TO TREASURY UNDER TARIFF
'.
AUGUST 27 TO SEPTEMBER 2, 1943, INCLUSIVE
,, ■.
'•
FOREIGN
i
'
-
,
.
:
:
1
50c
9-15
9-
Noon
12-
<
Country and Monetary
4
Unit
Buying Rate for Cable. Transfers in
Value in United States Money
4,
12-15
..
.
>
Official'
' • "
dividend.
<
.297733*
!
Free——***"
*___4
.251876*
_i_*
•
ACT OF 1930
Free
.051275*
*'.
principal
changes for the week ended August 25: Decreases of
$454,000,000 in holdings of Treasury bills, $973,000,000
in United States Government deposits, and $287,000,000
in deposits credited to domestic banks, and an increase
of $834,000,000 in demand deposits-adjusted.
Holdings of Treasury bills declined in all districts,
the principal decreases being $281,000,000 in New York
Free****
Colombia, peso
1
.909090
z
;
:
.297733*
.251876*
.251876*
.251876*
3.228000'
3.228000
.060586*
.051275*
.051275*
.051275*
.905000
.572766*
,
.572766*:
-•
4.035000
.301215
.301215"1
.205750,
.301215
.301215
.301215
.205750
.205750
.205750
.205750
.909090
.909090
.909090
.909090
.904375
,
pound-
.904375
.904166
.902500
3.244203
3.244203
3.244203.
,
3.980000
3.980000
3.980000
'
.901250
'
.658300*
Controlled*!
Noncontrolled—*
•Nominal rate.
—_
:
,529050*.
:
,»
.
.529050*
.909090
.901250
3.244203
3.980000
3.244203
3.980000
3.244203"
3.980000
.658300*
.658300*
,
.572766*
4.035000,
4.035000
"
,
.909090
<.903 750
.572766*
4.035000
4.035000
'
Zealand, pound
Uruguay, peso-r-
.909090
.903750
.909090
.906484
.909090
.909090
.909090
Union of South Africa,
3.228000.
.051275*
.301215
—1
Free
•
.060586*
.205750
Official.
*
.297733*
.060586*
.'.572766*
-
'■.572766*
4.035000
■*
$
$
.297733*
.060586*
.906875
.906875
:
Sept. 2
Sept. 1
Aug. 31
$
.051275*
.
Newfoundland, dollar—
New
3.228000
:
.
•
England, pound sterling
India (British), rupee**,.—**Mexico, peso*!
.251876*
-
'i
New York
.060586*
.060586*
Official*
Official
cities shows the following
.251876*
.
3.228000
"
Brazil, cruzeiro—
*
weekly reporting member
;
-
3.228000
Australia, pound
.297733*
.297733*
"
-■
'
Canada, dollar—
Member Bank Condition Statement
Aug. 30.
Aug. 28
Aug. 27
$
Argentina, peso-
'
Co.,'pref.; 4 Penn
9-11"
;
•
•—;
«.
Co.;
tifying daily to the
8-21
10-
the requirements
Pursuant to
;
*;■
25c
$1+8
+
,
'
Foreign Exchange Rates
8-20
50C
50c
—
$35 lot
3
9-15
$1+8
;
Jan.,
on;
creditors part ctf.; 71 Central States
Electric Corp., common ($1 par); 95-40th scrip ctf.
Central States Electric Corp., common; $2,000 Columbus Newark & Zanesville Electric Railway Co.,
5%
1st
mtg.
1924 coup. March, 1921 and stib. on; 1
Douglass Inn Co., 8% pref. ($100 par)**-*(— —
Boston Athenaeum ($300 par)—
——
Collieries
-80
-
sub.
par); 6 Penn Anthracite Collieries
Anthracite Collieries Co., common;
:' +5,853,159
438,281
:
127
foreign
from
F. R.
$1+4
723,400
securities,
guaranteed
Total bills and
9-10
*
+
1,182,550
5,773,232
1,507,648
.
10-15,
10-31
$1.50
direct
securities,
and guaranteed:
Govt,
S.
Hay-
$6,000 Rock Island Southern Railroad
Co., 1st mtg. 5s, Jan. 1, 1907" ctf. dep.+ l Borine Mfg.
Co. of N. Y., 8'Jo pfd. ($10 par); 19 Bath Iron Works,
Ltd., common ($100 par)**——'
*
—*
Chicago & Eastern Illinois Ry. Co., common ($100
par); $5,000 Missouri-Kansas Zinc Corp., 7%' deb.,
May, 1932; 15 Stefnite Radio Co.; 3 Studebaker Corp.,
common; 9 Springvale National Bank, Springvale, Me.
($100 par); 10 New England Southern Mills, common
temp, ctf.; 10 Granite City Generating Co., common
vtc; 51 Commercial Acceptance Corp., common; 49
New York United Hotels, Inc., common B; 10 Educa¬
tional Pictures, Inc., 8% cum. pref. temp ctf. ($100
1921,
+
1st mtg. May 1, 1929, series 4; $10,000
American Corp., 7%" July 1, 1922, coup.
Rice Co.,
62,149
+
28,390 V
+
5s, Jan. 1, 1936, coup.
pieces final div. in
Realty Co., 1st mtg. real estate
July,
1926 and sub.
on
$500
90,246
-
+
13,622
—
Co., $5 pfd.;
Trust/, commop;. 50
Investment
and
Total bills discounted
1
9-17
account of accumulated dividends.
J
tPayable in Canadian funds, tax deductible at the source. Non¬
resident tax, 15%; resident tax, 7%.
a Less British Income tax.
50
——*
($300 par)—!——*—*
Boston
9-10
tOn
banks in 101 leading
$82 lot
Corp.
Associated Security Investors,
Other
50C
The condition statement of
^
$160 lot
:——
Holding
Pressed Steel Car Co., common*!-———*-*
(In thousands of dollars)
gations, direct & guarant'd
bills discounted——.
,
——
tax.
752
1,806
15
Sept. 1,'43
Secured by U.
8-27
9-24
$1+4
Corp.—,
closed for this
7,977
+ 834
Bills discounted:
4
50c
———
30% Jamaica Income
Massa¬
Island
par)
($10 par); 25 First National
10-40 Segal Lock & Hardware, com¬
mon; 4 Old Colony RR. ctf. dep. ($100 par)*
Keweenaw Copper Co. (no qssts. paid) ($25 par)—*
Amerex Holding Corp. ($10 par); 12 New England Oil
Refining Co., common; 10 New England Oil Refining
Co., pfd. ($100 par); 10-25 CrOsley Radio Corp., com¬
mon scrip;
2-10 Pressed Steel Car Co., 2nd pfd.; 2-4
9-15
25c
—
'
■
Total reserves
1
'
•Transfer books not
series A ($55
—*
Amerex
tral
certificates
Other
10-
.
preferred (quar.) ——*
«■
Youngstown Sheet & Tube,. common
*
5+2% preferred (quar.)
*
Zeigler Coal & Co. (irregular)
*
Zion's Cooperative Mercantile Institutions—
xLess
vtc.
B
458
10,259
due from U. S. Treasury
$1+2
$20c
7%
—:
34
+
—
8-14
$1
(quar.) —.—
(quar.)—.—.
Mines (quar.)—__*—*
Wrigley (Wm.) Jr., Co., common**
—*
Wurlitzer (Rudolph)
7% pfd. (quar.)
Yale & Towne Mfg. Co
Yellow Truck & Coach Mfg. Co., com. (irreg.)
Quarterly
S.
U.
Redemption fund—F. R. notes
25C
prior preferred
(irregular)—**,
483
—
1
*
'
■
Gold
12-20
,
Wright-Hargreaves
Class B
64'.
Increase or Decrease since
9-20
1
$l+»
preferred
'4+2%
,560
4
—
—
Assets—
9-17
9-30
50c
$1+4
—
—
20
790
9-15
9-20
$1 Va
(quar.)*—*
Worthington Pump &. Machinery
257
accounts except
Gov't
accounts,
deposit
9-15
1
Total U.
common
—
—
+; io
,
^
& Newhall, .Inc. pfd.**—
Vitrified Wheel, common —I*.
*
——
International Match Realization Co., Ltd, vtc (1 pound
par); 10 Boston Insurance & Exchange Building, pfd.;
ll+a Boston Insurance & Exchange Building, common
Reserve Banks Combined
•
30c
-—
——
II
+
-
Sprague Breed Stevens
6
9-30
10-
$1+4
"
preferred "(accum.)
(quar.)
week
.
15c
(quar.)—.
Steel,-7%
+
—
—110
"
tional Fireproofing Corp., common
preferred
(Alan)
25
8,599
and
9-15
20c
(1897) (quar.)*—_
Power, 4+2% pfd. (quar.)
Wisconsin Power & Light, 7% pfd. (quar,)_
6% preferred (quar.)
Wood
4,970
Statement of Condition of the 12 Federal
9-15
-
Wisconsin Michigan
Wiser Oil Co.
+
+ "-5
___■
-__*
Interbank
-
25c
Wisconsin Electric Power Co.—
6%
58
11-15
—
—
*
+
11-15
—
common
Public Service,
4
.
$350 lot
——
chusetts
2,106
New, Jersey,
1
$2.50
(quar.)
(quar.)—
5,377
+
"3,836
,'*_
deposits
demand
to
during
12-
25c
i
—
,
$1%
(quar.)..
Hosiery,
Winstead
Debits
•
Inc., common, receipt
Power Corp., common
Club 6s, June 1, 1940
Realty Co.,
City Club, deb. 4s, July, 1945, reg.; 1
Real Estate Co. ($50 par);, 1 Rhode
Boston
$25
1,449
+
—973
banks
Borrowings
$1.25
,7% preferred (quar.i——
7% preferred (quar.) _*—
Products,-Inc.
15
5,890
;
5
{irregular.)—
preferred
•
Woman's
+
35,145
;
,
.
Foreign banks
5
————————
$5 -prior
deposits-adjusted
deposits
Domestic
1,416
401
—
Interbank deposits:
«'•
17.7%
>
—
Copper ($5 par);
U. S. Government
9-15
1
*—
preferred
6%-
Willson
10-
50c
(quar.)
(Wm.)
Wichita
Time
295.
($100 par)—***—;
Park Co.
10
525
+ 5,848,066
—
-
$2,246
1,000 United States Electric
($1 par); $100 Oakley Country
30
+
2,186.
,
par);
($100
for
2
8-10
90c
■
Whitman
89
+
1
—
9,050
Banks-
*r„
1.1%
Co., Boston, on Wed*
1 ■
$ per Share
Day
•
Ltd.
American
20
13
Liabilities—
8-14
50c
L
Balances with domestic banks
8-14
$1+8
common.——„—'
$5 convertible prior preferred (quar.).—
Whitaker Paper Co., common (quar.)*—*—.
Co.
vault*
Cash in
393,941
—
i
11,637
'•
'
•
2,902
_
Reserve with Federal Reserve
3
Demand
;
Inc.
preferred
10-
25C
Wheeling Steel Corp.,
-7%
•
1
8-10
_
(quar.) *
—*
Westmoreland Water, 6% preferred (quar.)
Weston (George) .Ltd.
(quar.)
*
Weston Electric Instrument
—
—
White Motor
Other securities
15c
preferred (quar.) *
—
5% preferred (quar.)
;
Westinghouse Air Brake __%__*_*————
•
8-21
68.7%
L.
R.
'
1,815
Government
Obligations guaranteed by Ur S.
20c
5%
Coal
9
10-
:
by
—454
16,213
48
41,043
370
par): 12 Kleskun
Arizona-Eastern Gold
Co., 7s, June • 1, 1939; $32 Eastern Mass. St.
Rwy. Co., common, scrip; $32 Eastern Mass. St. Rwy.
Co., adj. scrip; 9 Old Colony RR. Co., ctf. dep. ($100
par); 110 Commonwealth & Southern Corp., common;
42
International Utilities Corp., class B, temp, ctf.;
5,000 Arizona-Apache Copper Mining Co. ($1 par); 2
The Fairbanks Co., common temp. ctf. ($25 par); 90
Oil Exploration Co., common temp. ctf. ($1 par); 160
Isle Royale Copper Co., common ($15 par); 6 Rocking¬
539
—
5
+
3,678
7,633
*
31,263,432
+
+
-
.STOCKS
.
American Trotter &. Pacer,- Inc. ($50
920
"+'
3
—
4,870 '
.
2,909
91,883
*
;,'/t
869
—
1,260
•
.!
U. S. bonds**
+ V.
44
v
—
*
___*_
Treasury notes
50c
preferred (s-a>
West. Virginia Pulp & Paper (irregular)*—
West Virginia Water Service, $6 pfd. (quar.)
Western Exploration Co. (increased)
——
Western Tablet & Stationery,
common.:
Sept. 1.Shares
ham
certificates of indebtedness***!*
Treasury
9-10
$1%
5%
'
,i
1,147
__
Treasury bills
7-15
$1+2
,
Westmoreland
4-15
8-31
.
—
;*__***
banks
to
Other loans
9-28
■
Westmoreland
.
Loans
1-15
lc
—1_—
(quar.)„——
common
..
37+aC '5-1-44
8-1-44
37+aC
_!
West Indies Sugars
Real estate loans
3,901
-
Anction Sales
+ 12,216
—
; +' 42
1,052
57
+
indus¬
make
to
Transacted
8-26-42
48
—
366
10-16
1
11-
2-1-44
for
5,800,165
trial advances
carrying
1
3 7 Vic
preferred (quar.) —_—
,
Walgreen Co. common (quar.)
—
4+a% preferred (quar.)
*—
Wamsutta Mills (quar.) —.1
Ward Baking Co.„ $7 preferred (accum.) —
Ware Shoals Manufacturing Co., common—
7% preferred (quar.).—___
Warren (S. D.) Co. (irregular)——
—
Washington Railway & EleCtric Co.— ; .
6%
preferred
(quar.)—"
—:
—
5%
preferred (s-a)
Li
—
Washington Water Power, $8 pfd. (quar.)— "
Waukesha Motor Co, (quar.)
*——
Weber Showcase & Fixture Co,—
$2 participating 1st preferred (accum.) —
Wellington Fund
—
*
—
$1
purchasing or
5,739
5
9-
10-
37+2C
(interim) —
Waldorf System, Inc; (quar.)———.—
Walker (HJ •Gooderham & Worts—
Common
securities
loans
9-
9-15
$1+2
Amulet Mines
Waite
to brokers and dealers in
Other
9-15
50c
•
Electric Corp.
Wailuku Sugar Co. —,
Loans
1
25c
preferred (s-a) —*
——
Equipment,' $1 :conv. pfd. (quar.)—
Viking Pump Co.*
—
Virginia Elec. & Power, $6.pfd. (quar.)—
Virginian Ry:, 69(r preferred (quar.) ——
6% preferred (quar.)
6% preferred
(quar.)
*
6%t preferred (quar,)
Vulcan-Brown
Petroleums .(resumed)—.—
Vulcan Detaining Co., common
,7% preferred (quar.)
Wacker-Welis Building Co., common (s-a)
5%
Extra
8
9-
Victor
.
8
+
26,829
accts.
Total liabilities & cap.
and agricultural
9-
2,321
30,835,227/,,!• +393,514
F. R. note liabilities combined
■) Since
—321
+
219,095
+
Ratio of total res. to deposit &
.
9,608
+
194
Mines
8-18-43
46,719
_
*
1
10-
$2+2
$2+2
—
„
Investments—total
and
Commercial, industrial,
'
52,987
+
149,082
Ranch
Decrease (-
8-25-43
..
+
160,411
Increase (+ ) or
Assets—
819,950
paid in
(Section 7)__
Surplus (Section 13b)—,
Other capital accounts****
'4
■
+
6,079
"
90,604
Capital Accounts—
f
-
27,244
8,630
+
incl. accrd. divs..
Commitments
9-10
228,833
,+
14,701,380
1,167,746
—
Surplus
at. all reporting
-
66,543
40,018
—
384,039-
Capital
,
(In millions of dollars)
8-25
50c
—
———
Wagner
posit accounts, follows:
9-20
,
———
—,—;
±
8-28
9'
50c
——
(quar.)
preferred
12-24
7
10-
9-10
<•'.
_
pfd.
7%
7%
1
1-3-44
$1
•
Total liabilities
and of debits to demand de¬
reporting member banks,
9-21
25c
Works
Van Norman Machine Tool Co.
Vapor Car Heating, common
»
4*
9-
9-15
62+aC
Iron
Veeder-Root, Inc.
"
Vicksburg Shreveport &
9-15
62+aC
—,
—:-i——.'
——
Van ;Dorn
9-27
1,189,585
—
availability Items*
Other liabs.,
banks declined $130,-?.
000,000 in New York City, $51,000,000 in .the Chicago
District, and $287,000,000 at all reporting member banks,
A summary of the-principal assets and. liabilities of
12-27
1
20C
Deferred
Deposits credited to domestic
I
10-
$2
-
!
-—
Total deposits
1
1-1-44
75C
75C
$973,000,000.
member banks was
1
—
'
$73,000,000 in the San
District; the total, decrease
Francisco
1
12-
5
$72
—
6%
•
8-30
9-15
497,330
90,843
—
■
Other
in the Chicago District,
the Chicago District, and
000 in
5-25*
9-15
(final)—Michigan Power & Light—
Upper
2-25*
30C
1st pfd.
Pictures,
11-26*
43 %c
common
Universal
Universal
12-10
40c 3-10-44
40c 6-10-44
—
8-25*
40c
non-cumulative preferred (quar.)——
Laboratories, common (quar.i —
7%
3*
9-10
.Foreign,
212,806
accts.*
U. S. Treasurer—gen.
District, and $834,000,000
at all reporting member banks. ^United States Govern¬
ment deposits declined in all. districts, the principal de¬
creases being $411,000,000 in New York; City, $139,000,-
4-3*
7-
' '
+ 4,758,799
212,835
1
increased $338,000,000 in
City, $205,000,000
York
; ,'
•
+ 249,729
+
12,914,950
Member bank—reserve acct._
$72,000,000 in the Cleveland
3*
1-
$1.25 4-15-44
$1.25 7-15-44
—
'
;
deposits-adjusted
Demand
New
1*
10-
:
ber banks.
9-21
$1.25 1-15-44
—__
„
$5
U.
1
9-
\
14,960,022
Deposits:
Government bonds increased
$37,000;000 in New York City, $17,000,000 in the San
Francisco District, and $58,000,000 at all reporting mem¬
8-31*
,
F. R. notes in act. circulation-
Holdings of United States
11-30*
,
,
Liabilities-—
City and $51,000,000 in the Chicago District;-the total
decrease at all reporting member banks was $454,000,000.
HolAert
of Rec.
When
Per
Name of Comparu/
Monday, September 6, 1943
FINANCIAL CHRONICLE
THE COMMERCIAL &
052
-
.658300*
.658300*
.658300*
.529050*
.529050*
.529050*
.529050*
mmm
Volume 158
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4209
Stock and Bond Sales
DAILY
NOTICE—Cash and deferred delivery sales are
New York Stock
«»
WEEKLY
-
953
Exchange
YEARLY
-
disregarded In the day's range, unless they are the only transactions of the day. No account Is taken of
such sales In
computing the range for the
year,
hi
OT'.r
United States Government Securities
Below
furnish
we
Stock Exchange
the New York Stock
on
Figures after decimal point represent
during the current week.
Aug. 28
Daily Record of U. S. Bond Prices
Aug. 31Sept. 1
Aug. 30
Sept. 2
32d of
one or more
Sept. 3
Daily
Record
U.
of
S.
Bond
Prices
Aug. 28
f High
4V«S, 1947-52
Treasury
in
( Low
(Close
1962-67
[High
Aug. 30
2*8,
1963-1968
Close
Total
sales
in $1,000 units
High
Low
2*s, 1967-72
■
3y«s, 1944-46
:■
—
Low
(High
2y4S, 1951-53,
units
Low
('Close
„
Total sales in $1,000 units—
/
■;
High
3y8s, 1946-49—
.J-
High
■
■
2Y4S, 1952-55
Low
—
Low
-
[Close
..
Close
units—
•.
r"
Total sales in $1,000 units
—
(High
3 Vis,
(mgh
2*s, 1954-56
Low
1949-52
[Close
v
Total
in $1,000
sales
units
Low
■■'
Total
(Close
'
-
—
sales
in $1,000
units
[High
"
High
Low
[Close
3s, 1946-48
-
v
2s,
■f
1947
Low
'
.
Total sales In $1,000 units—
Close
■■
■
Total sales in $1,000 units—
"
-
•
3s, 1951-55
(High
-
...
\ Low
——
Total sales in $1,000
'
.
Total
units
112.4
sales
112.4
In $1,000
112.5
2
5
—
(High
»
2s, Dec. 1948-50—
Low
;
Total
High
Low
2%8, 1945-47
units
.
112.5
112.4
Total sales in $1,000 units
Close
112.5
Low
Close
—
low
'
[High
2%l, 1955-60-
High
....
,
2s, March 1948-50-
[Close
-
,
8
(Close
•v
Close
Total sales in $1,000
100.3
Total sales in $1,000 units
units
[ High
;
100.3
(High
| Low
-
Close
100.5
100.5
,
100.3
1
[Close
3y4S, 1943-45
10
100.5
LoW
—'
—
units
a
Total sales in $1,000
100.6
High
Low
—
in $1,000
Sept. 3
100.6
*
«■
High
Total sales
Sept. 2
100.6
Close
Total sales in $1,000 units—
sales in $1,000
Sept. 1
—
Low
;
—
[Close
Total
Aug. 31
High
—Low
3%8, 1946-56
York
Total sales in $1,000 units—-,
$1,000 units
4s, 1944-54
the New
f High
2% a,
[Close
sales
on
point. (See note below).
a
\ Low
Treasury
Total
Exchange
daily record of the transactions in Treasury, Home Owners' Loan and Federal Farm Mortgage Corporation coupon bonds
a
sales
(Close
.
,
in $1,000
units
;
[High
2s, June, 1949-51——,-
Close
■
Total sales in $1,000 units
Total
sales
4
Low
[Close
•
in $1,000
units
■
^
v.C
[High
\ LOW
2%B, 1948-51
2s,
Sept.,
2%s, 1951-54
[High
\ Low
"
in $1,000 units-
3
(Close
•*•■
$1,000 units
(High
[High
\ Low
2%S, 1956-59
2s,
tzr
[Close
March,
1950-1952
•
Low
Close
Total sales in
Total sales in $1,000 units
i
$1,000 units
I High
2s,
Low
Sept.,
sales in $1,000
Total
units
Total
u
sales
in
8
Close
Total
units
(High
1945
2%s,
sales
in
2s
1953-55
(High
\ Low
-
Close
sales
in
'
[High
13/4S
$1,000' units
;
^
:
.
Low
1948
(Close
,
Total
Total sales in $1,000 units
2*8,
-f-
$1,000 units
.
Low
•
(High
1948
Total sales
(High
Federal
Farm
Low
3*S,
Close
in
$1,000
units
High
units
Home
[High
,3s
] Low
2*s, 1952-54
Low
Total sales
[Close
(Close
Owners
series
in $1,000
units—
Loan
A
1944-1952
[High
1*S
Total sales in $1,000 units
1945-1947
Low
(close
-
f High
2*8, 1956-58
Total
(Close
LOW
HIGH
59%
Aug. 31
58%
i
*113%
•113% 114
SALE
Tuesday
Aug. 30
f per share
share
'
AND
Monday
Saturday
59%
$
58%
per
Wednesday
Sept. 1
share
t per share
STOCKS
Thursday
Friday-
Sales
Sept. 3
the Week
for
t per share
59
♦58%
59
58%
♦113%
114
*113%
115
*113%
I per share
58%
115
58%
300
114%
114%
30
52*
♦45
52%
*45
52%
*48
52
*48
51
*53%
56*
*53%
56%
*53%
56%
*53%
56%
*53
55
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
♦29%
10%
30%
*29%
30%
3,700
*29 y4
30%
*29%
30%
100
*48
30%
30
10%
30 *
17%
17%
17%
17%
41%
417/s
♦74
6'/a
2
•
♦104
2
2
23%
•
22 %
36
25%
*71
*9%
22%
25%
*71
72%
.,
2%
23
<■
23*
76%
6%
106
2%
24%
18%
V
18%
41%
42%
*75
76
6%
*104
6%
108
2% '
24%
2%
24%
51
*
25%
72%
9%
56%
149
18%
18%
18%
1,100
41%
42%
3,400
Air
76%
50
Ala
&
6
6%
6%
6%
107
2%
2%
►104
2%
16,100
107
2%
10
-
6,400
24%
24%
24
24%
23
23%
24 y4
6,300
24%
24%
*23
23%
36%
1,600
37
37
25%
26%
26 Va
36%™
26%
26%
26%
72%
71
71
9%
9%
*10
10%
*70%
72
10%
10%
148%
149%
*36%
37%..
26%
26%
*70%
10%
72
10%
800
5,100
50
500
149
*13%
14
*13%
14
13%
13%
*13%
24%
25
24%
24%
25
26%
26%
26%
26%
27%
27%
13%
13 y8
13%
13%
27%
14
13%
14 VB
23,900
14%
14%
14
14%
14,600
*13
♦90%
36
♦21
♦1%
917/B
14
*13%
91%
91%
36%
36%
21%
»2i y8
21%
1%
♦1%
1%
36
*90%
36%
X21
*1%
149
14
149
*13%
149
*28%
29%
29
29%
29%
30
30%
67%
67%
68
68%
68%
69
68%
69
footnotes
see
page
963.
26%
♦25
81%
82
30%
*67
26%
*24%
25%
82
30%
67%
82.
30%
67%
100
82%,
1,200
30%
4,100
67%
1,500
94%
A
Jan
%
Oct
Apr
6%
Nov
3%
Apr
6% Nov
11
July 24
29% July 24
45
July 24
31% July 2
16
May
22%
15
75
57%
Nov
73%
Feb
3%
Apr
7%
Dec
Apr
May 26
11% Jun
4
9%
17
Jun
5
10% Jan
8
16y4 Jan
4
July 15
141/4 May 17
27% Sep
2
No
par
6% Jan
2
14% July 13
4
73% Jan
7
64
149
July
—100
6%
conv
165
94
Jun
15
Jan
Jan
Jan
May
12%
Apr
16%
Nov
Apr
10
11%
6%
Nov
81
Jan
Jan
No
per
26% Jan
7
431/4 July 10
22
Apr
30%
Jan
No
par
1
17% Jan
7
23
14%
Apr
19%
Nov
% Jan
13^
H Aug
1%
Jan
50
13'/Wan
20
Amalgam Leather Co Inc
preferred—
Amerada Petro Corp
Am Agric Chem (Del)
American Airlines fnc
Feb
3%
3 y4 July 14
30
par
Alpha Portland Cem-
81%
1% Mar
69% July
No
1,600
♦25
6
15
Allied Mills Co Inc
2,800
25%
Jun
Allied Stores
Allied Kid Co
21%
81%
7 % Apr
105
118%
37%
81%
Nov
9
21 %
26%
Oct
4
7
25
par
X37%
200
Dec
Dec
69
No
21%
1%
16%
41%
Jan
140% Jan
.
Dec
Apr
19
,
.
Nov
26%
Mar
Jan
13
8 %
Jun
10
^ Jan 11
100
Apr
18%
61
7
37%
*1%
Jan
Jan
5%
7
29%
11
21%
1%
Apr
48%
1
Jan
37%
1%
13
■
3
Jan
Dye_.
July 13
39
76% Sep
64
&
57
Dec
48% Jun
18% Jan
Chemical
Jan
51%
21% Mar 30
Alleg it West Ry 6% gtd
Allied
Dec
43
8
2
1%
100
3% Jan
85
par
1
113
May
Bep
8
2
Allen Industries Inc
Mar
28
5% Jan
37%
93
Jan
5% Jan
21%
29
For
No
May
31
'
100
*1%
*91%
10
100
war
37
104
Jun
32% July 13
pf A without war
100
$2.50 prior conv preferred-No
par
Alghny Lud Stl Corp
No par
21%
93
67
5%%
37%
*90%
14% Jan
38% Jan
_100
Min
Albany & Susq RR Co
Allegheny Corp
5 Va % pf A with $30
1%
*81
25%
100
10
par
No
Vicksburg Ry Co
21 y4
93
*25%
*81
14
1,800
Address-Mutigr Corp
37%
*90%
27%
81
149%
25% Feb
S per share
3
6
7% Jan
par
*
28
5
par
1942
Highest
I per share
63% Mar 12
114% Sep
41% Jan
No
Alaska Juneau Gold
4
23
50
No
Corp
5% preferred
Allis-Chalmers Mfg
93
81%
♦25%
148
Feb
Year
Lowest
I per share
35% Jan 23
25
-
Reduction Inc
76%
110
No par
Adams Express
Adams-Mills Corp
76%
*104
51% Jan
100
42%
.
$ per share
No par
preferred
18%
36%
148
4%
42
148%
a
Abbott Laboratories
*75
22 %
♦71
Par
Abraham & Straus
Acme Steel Co
36
22%
36
9%
*148
*104
2%
*34%
257/a
10%
6%
110
22%
23%
♦22 Va
♦34%
41%
*74
6%
-
18 Va
41%
41%
76%
6'/8
6%
105
105
s
41%
*74
76%
18
*53%
Range Sine* January 1
Lowest
Highest
EXCHANGE
Shares
*58%
'
Range for Previous
NEW YORK STOCK
,
Sept. 2
♦57%
114
$1,000 units
RECORD
PRICES
♦45
*30
in
♦Odd lot sales.
$1,000 units
NEW YORK STOCK
I per
sales
] Low
Aug. 28
6
•
Close
] Low
sales in
1
Mortgage
1944-19G4
3s, 1944-1949
[High
Total
101.2
101.2
1
-
Total sales in $1,000 units
2*8, 1950-52
Total sales in $1,000
101.3
101.4
101.4
(Close
sales in $1,000 units
2*8, 1949-53
101.4
j Low
[Close
Total
5
100.15 .*■
Low
Close
sales in $1,000
Total
100.15
100.15
[High
,
1951-55——
28,
Low
100.16
100.16
$1,000 units
(High
•
100.16
{ Low
[Close
1950-1952
Close
2%8, 1960-65
-A-
r_,
(Hign
1KB, 1958-63
101.2
Low
'
Total sales in
*
101.2
—
1949-1951
•
sales in $1,000 units
101.2
Low
(Close
(High
2s, Dec.,
(Close
<
Total
Total sales
v
(High
t
•
.
Total sales in $1,000 units
'
■'
1949-1951
(close
v
—No
par
*67
Jan
14
No
par
23
Jan
1
10
52
Jan
27
July 17
2% July 22
27
:
July 22
86% Jun
7
11
Mar
30% .T"lv 16
18%
Jun
76 V* July
25%
An*
8
18%
Dec
43
*
Jan
70%
Oct
24
Nov
RR14
LOW
Monday
Aug, 28
Aug. 80
Aug. 31
f per
15 %
15
V*
134
184 Vt
71
71
r*70%
,
23
*9%
24
*9%
10%
*14%
*25%
*2%
27%
27% "•
'
.*8%'
77
14%
26%
*2%
2Va
2%
2%'
9 *
26%
26%
5 Va
"5 Va
4%
81
32%
*31%
3%
32%
3%
32%
3%
12 Va
*79%
99
97
*14
•
14%
14%
21%
14%
9Va
*9 ■/.
38
36%
169%
*164
2li%
2%','.
2%
2%
40 Va
40'/a
39%
37%
38V4
9 Va
9Va
169%
*166
169 Va
*166
*166
.
2%
40%
*166 /:
169
6%
6,500
4,900
14,800
9%
Metals
Amer
6,400
38%
9 Va
9Vt
9Va
9»/4
No par
$6
Preferred
;
4,000"
American
San'y
13%
13%
13 Va
13%
13%
13%
13 Va
13%
'65%
66%
66 Va
67%
67Va
67% '
67'%
68
4%%
65%
730
65%
16 %
16 Va
16 Va
*13%
13%
13%
Safety
16%
13%
American
161/4
/16
American
Seating
*13%
*28%'
14
*13%
*28%
38 Va
157%
157%
r
41
41
*150
155
24
24
x235/a
14%
15
14%
♦16
16%
27%
*113%
114%
56%
57
*55%'
87
25%
25%
*25 Va
-
'
.
111%
'*■
,
•
5V2
46%
47%
47%
48%
120%
1203A
6%
85%
*84%
86%
6%
6%
6%
6%
6%
49%
*47 '
26 Va
26%
261/4
21 *"■
-
21
'
lVa
43%
*41%
42%
*111%
*69%
77%
6
■:
77%,
26%
X25%
9%
110 "
*105
•"
.
1,200
4%
1,000
10,400
210
.500
21
*20
100
Andes
2
l7/a
1%
600
A
42%
42%
*111%
13%
*94
10
87%
*38
9%
38%
V"'
~5%
39Va
*
28 %
*27%
57 %
*56%
25 Va
26%
112%
112
11%
11%
-
37%
37%
9Va
*9%
95/a
400
Arnold
9Vt
9Vt
91/4
9V4
500
Artloom
14%
95
871%
'38
14V4
14%
941/4
3,500
29Va:
57V4
257/a
112%
11%
28%
29
28V4
: v 600
57%
26%
*112%
571/4
*56%
11%
*10%
12
6%
121
Va
16%
16%
16%
11%
11%
11%
11%
55%
55
55V4
55%
63%
6%
6%
6%
10 %
10 Va
10 Va
lOVa
50%
51
22V4
22%
22%
6%
71
lOVt
8Va
*511/4
23 Va
23
*111%
11%
.
4Va
*16%
16%
6%
6%
6%
10%
9Va
52
23
11%-
101/4
*7%
52
11
11%
*42
43%
43%
44
44
44
44
16%
17'
17 V4
17V4
17%
17%
17 V4
17%
17%
17%
19%
17 V.
26 %
*26
26V4
*26
26V4
*30%
79
*31
32
*31
31%
31%
*103%
107%
*103%
103%
*1033/a
103%
*103%
103%
107%
107%
*106%
108
*106%
107%
12%
12%
*11%
31 %
31%
*30
*26
Vt
*10%
*10%
11
*1?%
13%
13%
34%
34%
35
16%
16 Va
15%
114
107/a
*10%
*13%
16
*54%
55%
*54%
551%
*33%
35
*33%
35
15%
15V4
'
58%
116%
footnotes
see
page
.
963.
58V4
*116
151/2
16
35
16 V4
2,000
Bangor
80
Conv
22%
11%
45
17%
17%
300
45
17%
2,400
llVt
44%
17%
12
12%
*30%
32
*111
114
*10%
10%
270
17%
120
3,300
32
10%
50
.
200
100
13%
131/2
13%
1,700
34%
35V4
3,200
16%
*55
16%
700
55%
100
55%
55%
55%
*34
35
34
34
34
34
15%
15%
16 %
15%
161/4
5,400
58%
10,500
116%
400
15%
58%
58%
59%
58%
116%
116%
116%
59
116%
,
58%
*116
Oil
5
Co—
200
Bath
Iron Works
Corp—„_——l
Bayuk Cigars IncNo par
Creamery——
25
t$5 preferred w W—
No par
Beatrice
...
—
Apr
15 Va May
Jan
Jan
Jan
9%
4
Oct
78% Mar
97 Va
Jan
23
Aug
17 Vt
101V*
33 Va
63% July 15
34%
65% July 14
120
146% July 23
■1
9
May
Jan
V,
*'
134%
Jan
Apr
49%
Jan
Apr
50%
Jan
Apr *
143%
y
1%
6
39
Apr
Dec
116% "Jan
t
4
Nov
Aug
70%
Feb
3%
Dec
5%
Jan
79% July 21
51%
Dec
76%
Jan
57/a
Jan
Jan
24
Dec
30
Jan
12% Mar
17
Jan
2
2
9
7
7 V* Apr
23 Va July
7
■
15
14% Apr
27
45 V*
1
112
6
Va Mar 12
Oct
l7/a July
36
Apr
Dec
Aug 25
102
73 V* Sep
80
10% Jun
5
Feb
66
Jan
Jan
33%
Dec
v
5% Mar
2%
79
July 23
15 Va Jun
67%
Oct
21
26
10 V4 Jun
Jan
Sep
40%
5
105
~4~Va
Sep
42
2
July 26
40% Jun
111% Mar
Sep
2%
6V4 Aug 31
4 Vt
28
8%
4%
Apr
82
May
Nov
Oct
July
Apr
6%
Jan
61% Mar
77%
Jan
94% July 22
53
Jun
83
Jan
38 % July 16
20
Jan
28%
Dec
12
81%
Jan
100%
Dec
677/a July 24
27%
Jan
53
Oct
22
60 Va
Jun
72%
19%
Jun
34'/a
Oct
Jun
34
Jan
97% July 21
105 Va Jun
90 Va July
38
May 26
:
34% July 22
16%
60 Va July ?1
33
28% May 27
14% Apr
99% July
6 Vt Sep
Mar
Jan
Jan
Jan
Jan
Jan
Jan
Jan
112% Mar
12%
Mar
27%
July
111
'*
May
7% May
7
3Va Feb
50
107
Mar 18
116
8
113
Jun
15
Mar
:
Oct
v 45% Jan
23%
109 Vt
Jan
Feb
7
Jan
Apr
51
Dec
43
May
70
Jan
Ill
May
13% May 29
56 Va July
9
46%
68% July 14
116
Jan
Jun
24
13 Va Jun
4
7
Apr
9 Va
9% Aug
4
lVt
Apr
3%
85 Vt Aug
4
15%
Apr
6% Apr
8
2%
Jun
4 Vb
Jan
2
19% May 27
14%
Jan
2
10
6
Jan
2
5% Jan 2
34% Jan
6
12.
Feb
9
5% Jan 13
30
Jan
4
12 Va Jan
Nov
8% July 16
13
10% Jan
3% Jan
Jan
7%
33%
Apr
Apr
108 V4 May
4
88 % July
22
r
Jan
Apr
3%
1
2
2
Feb
Jan
32% Aug 11
121V4 Aug
Nov
12
158 % July 22
48% Sep
12
Jan
Oct
Mar
21%
15
2
Aug 31
12% July
21%
Mar
7 Va
17 % July 15
Jun
144
7
2
13% Jan
7
23% Jan 7
24% Jan 16
101 % Jun 25
$4.25 preferred
—
No par
105% Aug 12
Beech Aircraft Corp—
—"
11
Aug 3
tBeech Creek RR——
—50
25% Jan 25
Beech-Nut Packing Co
...
20
93
Jan 25
Belding-Hemingwhy—
No par
9% Jan 4
Bell Aircraft Corp
1
12
Jan
2
Bendix
Aviation
5
33% Aug 3
Beneficial Indus Loan
—No par
13% Mar 17
Pr pfd $2.50 dlv series '38_No par
54% Feb 23
Best & Co
—No par
22% Jan
7
Best Foods
8% Jan
5
Bethlehem Steel (Del)
No par
55% Jan
7
7% preferred
100
110% Jan 4
109
Va
50
preferred
36%
29% Apr
2,400
103%
12
No par
—
29
3
4
Barnsdall
600
114
Barker Brothers
5 % %
Jan
s
Jan
28%
2,300
35
161/4
'.
%
1,200
22%
17%
13
preferred™,
———100
& Aroostook
50
5% preferred
—
—100
Barber Asphalt Corp——,
—10
4
9
51
*54%
116%
.
*115%
15%
'
101/4
9
X51
9Va
*106%
16
15%
10%
10%
107%
13%
No par
3
Baldwin Loco Works v t c,
107%
35%
(The)
Apr
45
4
7
16
6%
4
50 V2
14
52
9
113
12
7%
7
.2%
21
28 % Jan
5
3% Jan
2
Baltimore & Ohio————100
107%
13%
of Del
3,500
*103%
35
*10%
Corp
4,200
103%
12
prior A
Aviation
Jan
Nov
Apr
Jan
18% Jan
par
6%
*103%
*30%
$5
No
43
Jun
44
100
Nichols
35 Vt
148%
24
1
Aug 18
Jan
106
No par
16%
103%
*111
Austin
30
6%
4%
92
6%
19
No par
—
preferred—
Corp„*;
16%
26V4
12%
conv
;6%
33
13%
10%
•
*26
32
t5%
477/a Apr
26 Va Jan
100
25
100
5
50
9,900
*32%
114
fAtlas Powder
May
35% May
132% May
327/a Mar 23
161
Feb
8
Feb 27
Jan
4
72% Jan 11
59
Jan
7
29
Jan
5
100
Jan
4
44% Jan 7
66
Jan
2
1
4Vt
26V4
*26
351/4
10%
35
15Va
I7V2
1,300
100
32%
32
13%
55%
58
*112
6%
71
32Vt
26%
34%
10%
14
f35
*33%
15
*30%
32
*112
*54%
58%
12
12
*30%
114
*112
114
12
121/4
32
17%
-
'
.100
preferred
Atlas Tack
11V4
*11
11%
42%
*17'
,
23
23
3
100
100
100
4 Va
52
*11
*26
*69
4V4
*42
■
6%
6%
71
17V4
17
6%
6%
*69
4V4
4Va
51
21%
10
12
9Va
50%
450
127
*10%
Jan
Jan
31 Va Apr
Jan
5
Jan 20
Jan 13
Jan
5
34
Jan 11
1-OPM. J«n
2
110% July 7
par
12
2
2
Corp
May
52%
3 Va
20
preferred
;
Refining
conv pref series A
t4%
63 Va
*121%
*6%
5%
Jan
Jan
22% May
Jan
Atlantic
165
Jan
Nov
38%
Jan
W I SS Lines
6%
54% Mar 30
46
RR
Coast
G &
6%
12
Line
Atlantic
22
'
2
2
49
Santa Fe
Jan
26%
/•
9% May
16% July 14
5
Jan
No par
preferred
Atl
900
127
*69
5%
55%
*10Va
10%,
51
63Vt
63%
Atch Topeka &
Jun
115
16 Va
111%
lOVs
1%
5
preferred
Atlas
*1211%
6%
10%
63%
180
5%
142%
July
33
24
No par
Assoc Investment Co
3,300
12
17 Va
6%
*11
11%
127
41/4
9
2,800
113
♦10%
67/a
4i%
9
200
261/4
*112%
*121%
71
*69
57%
1121%
631/2
12
6%
•
*26
112%
*55
64
121%
57%
57%
26V4
26
26%
112%
11%
551%
*63%
/•
*57V4
26 Va
11%
55%
*
57%
29
112%
261%
113
16%
16%
800
.28%
6%
16%
7,000
86
28V4
4 Va
8%
59%
28 Vt
*16%
9%
V
29 Va
70
4
59
29
64
4%
V4
10
29%
28%
preferred
8
172
6
9
2
Jan
Mar
Jan
24% Jan
'
29 Va
125
4
100
36%
106
29
X63V4
6%
*38 / ./•
*105
28%
*121%
70
2d
28%'
55%
6 Va
1st preferred
t7%
86 Va
.28%
Goods
Dry
t6%
40
86 Va
281/2
Associated
330
38
60
preferred
88
861/4
64
71%
59 Va
Corp
Corp
Apr
Apr
Jan
IS
Apr
3%
26%
Jun
4
No par
5
No par
100
1
100
100
Co__
Constable
95
861/4
64
*68
601/4.
Cork
Armstrong
15 Va
12%
8
11% Jun
Feb
119
Jun
—100
preferred
457/a July 27
42% July 27
16%
42% Jan 11
gtd-.lOO
preferred
4% May 10
136%
2
of Illinois
*94
106
*105
4,600
14%
Co
■
23% Mar
Feb
29% May 29
Jan
No
pf 7%
:
21% May
% Mar
35% July 30
151% Aug 31
2
5
(called)
•*86
87%
86 Va
55%
*10%
106
t7%
7%
110
*105
110
3,700
38
(Del)
$6 conv prior
37%
70
86 Va
*121% 125
12
/
86
55%
*55
■v ~ 2,900
79%
&
*77%
r;
38%
59%
59%
58%
*
28 %
*105
106
*105
71%
71
Armour
731/4
14%
*38
;
79%
87%
95
87 Va
y
Co
preferred
79%
*
*94
6
7 %
72%
*105
110
141/4
95
*87%
Armour Sc
100
94,900
Mldl'd
Daniels
Archer
200
111%
6 Va
W
P
400
42 Va
111%
>
,
Nov
Apr
113%
7
Dec
7%
May
2
3% Jan
55% Jan
par
12.50
No par
20
—5
Corp
7
May
12 Va
2
5
7
No par
Mining
Paper Co Inc..
4,
16
Jan
Nov
Apr
Feb
50
Copper
4
10 Va Jun
10 Vt
91
Oct
3% Jan
,
1
$5 div preferred
-10
11 Va
9%
1
40% Nov
■
Jun
Jun
6V4
65
Dec
25
Cable
>
27 Va Apr
123
35% Mar
6
30
14%
53% Jan
No
Anchor Hock Glass
115%
11 Va
*114
23
Jan
6%
par
No
-
prior conv preferred
Anaconda Copper Mining
12
Feb
17% May
Dec
7
4
No par
Elec
Amer Zinc Lead & Smelt
&
Oct
18
129% Jan 2
6% Jan 14.
32
Jan
6
100
W
4%
tt
8
Preferred
Anaconda
2
5% Nov
5
5
7
1
: 115% Jan
$5
25 Va
7 Va Feb
V;
■
Nov
21% Jan 14
2
14
Woolen
American
900
71
Wks &
37
Apr
9%
43 V2 Jan
100
preferred
1st
*9%
37%
91/4
*105
141/4
13 Va
:"
*9%
9%
9%
$6
May
Jan
Mar
59%
42% Jan
preferred-rr
Water
Am
200
26%
26
26%
115%
'• :~6"
Va
73
37%
9V4
'
87 Va
28Va
For
:
49%
*46
*41V2
•
79V2
*78
38
37
6
70"
70
95
28%
116
10,100
;
;
"
110
Va
15
4%
5
/
8%
*111%
111%
61/4
5%
5%
IO5V4
58%
58%
*86
86 Va
'
58 %
701%
71%
:
7
86%
2
1 Va
25
Apr
127Vt Jan
100
—10
preferred
5%
Dec
4% Mar
—25
B—
Type Foundries Inc
American Viscose Corp
200
/■":
111%.
*111
1051/4
86
116
:5,700
56
Jan
8
—25
Amer
*l7/a
111%
43
"*111%
37
*38
58%
113%
*6%'
21
21
2
*1%
1%
13%=
106
86
1,900
471/2
121
t6%
"■ 580
;
*11 Va
*114
114% 114%
12
♦llVa
87%,
39%
->
*84 Va
.
58%
;
class
Apr
3%
lb % Apr
100
Tobacco
Common
Oct
x36%
•
69% July 24
91
100
—No par > •
Telep & Tfcleg Co
American
36%
2%
17% Jan 14
100
-
Tobacco-^
Sumatra
Amer
Sep
2
2
■
26V4
12
94%
*38
16%
/«
49%
*46
26%
26%
26VS
21
*4Va
5
5
4Va
*70%
71 Va
71 Va
71%
115
76
*105
13%
21%
H20
'V"6%
6%
"6%
85%
'20Va
"
87%
*9
"A
6%
85 %
". *25%
*
95
*50
121
*120
26%
68
37
*94
*6%
46%
"
76
*86
*10%
9%
"
68
110
*11%
144 V4
9Va
"26V4
,
9%
112
143%
91%
49%
9V4
-
144%
914
v
4Va
43%
111%
*9
26 Va
57%
144i%
9%
47%
Am
4,000
58
57%
121
71%
800
,
144V2
63/8
HI
*42%
*9
*55
57%
58
5,000
-
57
*9%
57
6%
2%
9%
28
*56 Vt
1441/2
*HVa
9%
*105%
56%
56
157Va
9%
57V4
145 1
*113%
111
37
13%
156%
No par
Co
Preferred
2q0
400
29
29
30V4
157%
56
55%
56 Va
*1121% 113%
*29%
156%
157%
851/4
12
*9
j
:
.
:
30%
156%
*47
*9
*105
*29%
'
76
*36%
'
*lVa
69
*74
30%
156 Va
114
114
"
115
*114
115
No par
''
'
5%
*67 %
27%
; *120
'
s*11141 111%
•
Sugar Refining—
'
111%
5%
American
143%
V
91/4
261/4
20%
*11%
42%
42% 1
28%
700
"57
26V4
*20
2
*111
28V4
28 Va
'46%
*25%
12
*1%
27%
28 Va-
"
*113% .115
115
*11V8
Stove
56 %
25 Va
20%
*19%
*113%
American
156%
49
*45
26 %
■
American Stores
900
4%
4%
4%
49%
*
900
16 V2
70 Va
70Vt
71%
*4%
15
16%
6%
6%
6%
*70
15
16%
28
May
6
46
Oct
2 Vb
32%
35% Jan
No par
Steel Foundries
Amer
15
*16%
6V486»%
*841/4
3,400
*14%
16%
35"
6
9% May
'
Dec
Dec
.
3
145
19%
11%
12
100
preferred
14%
115
".
«»
6%
23%
46
' 6Vs
'
23
25
American Snuff-
30
16%
£30
121
100:
14%
"
46
{:/v
41%
151
22%
231/4
23
:
*150
23V4
'
*
*41
'/'■1
42
151
No par
100
Smelting & Refg
t Preferred
"
'27%
9 Va
*120'
6%
*45
*41
*150
No par
Amer
"
57V4
46
*6%
42
151
16%
*
145 Va
91/4
121
*"*84%
*41'
*150 '
"
tAmer Ship Building Co
410
15
:
57
1601/4
159i%
90
3,300
39
24
16%
145
9%
159%
V
■
"
28%
160%
.
Dec
8%
42%
;
22
62% Aug 27
:
Dec
-Dec
2
49%
Feb
8% Jan
12% Jan
27
Jan
37 Va Jan
144 Va Feb
No par
Co
23Va
"
57
,r'"**6V4
158
158 :
"
159
38%
—18.50
Razor
*14%
.
156%
156
145 %
'45%
39 Va
'
9%
*120
29
38%
151%
>
23%
27%
*113% 114 %
29%
29%
145 %
*
■
26Vs
56
56
29
39%
"
156%
155%
29%
39 Va
r
30
*28
*28 Va
42
16
*27%
*28V4
29
151%
15
16
•
400
•
41
155
16 %
39 Va
40%
*40
13%
*16
16%
156%
157%
*150
*13 Vt
29
161/4
39
157%
13%
16 Va
13i%
*16 *■
38%
29
39%
:
14
29
*38%
;
preferred
Jan
Jun
1
May
5
5
154
25
—100
Rolling Mill
13%
13 s/#
13%
65%
conv
2
7% Nov
Jan
18%
Nov
25%
Jun
3°a
3
25 %
3b '/a Apr
2
Nov
May
16 Vt
r
16
Dec
16%
s
;
10'/a Jan
54
Jan
100
„—
*13%
65 %
200
No par
No par
No par
—
Rad & Stand
3 V»
5
Jan
100 Vt
:
Jan
26 •
1% Jan
July 14
78% Jun 17 :: 10 vt Jan
1
x26
par
No par
Light
preferred
preferred
$5
169
No
%
May 10
87% Jun
20% Jan
4 >
116% Jan 29
Jan
4
l®6 Jan
2
18% Jan
2
16 Va Jan
4
6'/a Jan
2
100
-
Co
News
Power &
Amer
Am
No par
Ltd
Co
preferred
American
*
May
7% Mar
% May 18
9
12% Jan
7
7% Feb 11
Metals
20
Apr
29
15 Va Jun
Mach
230
10
22%
Dec
92
4
10
109 % Jun
Amer
1,500
14
:
Oct
7% Dec
3% May
v..y
2
Jun
4% Jun
2
2
800
v
31
20
No par
:
25
104% Jun
39% Jan
7% Jan
Fdy Co__
34%
6
18% Feb
81 Va Jan
Mach &
21%
Jan
5VtJan
50
Amer
&
18
par
No
; r. V
9Vt
Jan
—--——100
preferred—
Locomotive^
conv
Preferred—:
900
39%
:/
5%
American
Dec
15
11% May
8
2
8
2
2
37% Jan
4% Jan
2
;
of 111™.—1
Co
Mar
103
5
May 27
par
Jan
110
Mar
70
:
v-//
38
401%
38%
2%
Invest
American
2,200
2%
:
No
20 %
May
May
7
preferred—
-100 /
Corp_——No po.r
Jan
69
1 :53 % Jan
Ic«
Internat
Jan
73%
105
4 Va Apr
35
Oct
33
i
May
55% May
16 !
3% Dec
74%- Dec
176
Mar
20
7
Feb
116% July 23
407/a Jun
30
i.,
Apr
Oct
Jan
130%
Apr
56%
.159 ,!
33
.
112% May 10
24% May 20
5
—50
Products
Home
6%non-cum
Amer
loo
6,700
34%
.
38 Va
2%
::
.
13%
122%
122
35
40 Vt
'9
9
*9 Va
123
*34%
34%
100
14V4
14.
22 Vt
*21%
*121
124
34%
38 Va
2%
37V4
169%
9 1/2
37Vt
39
36%
8%
*9Va
221/4
1*21%
*121
34
14%
'391/4
38%
9
:
21 Va
124
34
14%
4,100
102
99%
9 Va
"
21%
131/4
14%
14%
American
8%
45
45
98
700
800
•
;
61%
8Va
*6
131/4
96%
American
4%
62%
*61
46
98V4
*97
.'*414
8%
.•1,200
69
lVa
4
Leather— .—1
&
preferred
cony
*
Apr
July 10
24% Apr
Nov
Apr
4
Jan
Hide
6%
23
120
91% July 15
2% Jan
American
200
8
185% July29
45% Jun
1
80
Oct
49
6 Va
Apr
Aug 18
9 % May
9Vt
/
Jan
43% July 14
134
$ per share
V'
3% Mar
23
Hawaiian SS Co—-10
40%
69
,
6 V4
12 Va
98%"
-
*44i%
13
2%
38
*164
6%
6 Vt
46
*121
36%
8%
8 Va
127/a
34Va
2%
2%
2%
/
8
/
,
62%'
62
*441/2
9 Va
3%
6% Jan
24
Aug
1% Jan
5%
38%
Feb
American
600
*3%
4%
*41/4
4V2
63
*61/4
69
687/a
68%
*7%
6 Va"
14%
12,500
500
4
No par
46VaJan 12
2—No par y/v/ 7
Jan
6
—No par
39
Jan
6
preferred
$7 2d preferred A
$6 preferred
$7
>V
' 33Va /"
*39
40%
*39
40 Va
68%
45
'
3%
*31%
3%
98
125
34
32%:
32%
"
34
*33%
32%
*32'
*
21%
211/4
*121
124
*120
74
12%
9Vs
9
8%'
2i%:
8%
-
20%
74
:
12%
121/4
97%
14%
I2V4
20Va
73%
*39
7Va
*44
45
*44
45
12%
21
73
4%
*61:
*61/4
6 Va
*61/4
6%
*6%
*44
900
-
62
7Va
18,300
20%
•3%
'
7%
7%
5%
82 Va
Jan
-
Export Lines Inc
_1
Power——-No par
For'a
&
9
July
Highest
$ per share
4
60% Aug
9 3/4 Apr
15% Jan
1% Jan
-
No par
European Sees—
Amer
5
97% Jan 27
CO———
—20
Tiling—-1
Encaustic
American
3,500
5%
preferred—-i—w-ilOO
1st
Amer
9
82 Va
6
Inc.—No par
Cable
Chiclej
American
600
82 Va
*81
No par
U00
conv
6%
27
Fdy_
Amer' Distilling
1,100
V
!
74
68%
4%
*8%
26%
27
,
/ 600
'
2%
2%
21 Va
32
32 Va
3%
'
*61
''
100
;
&
—
&
100
preferred———100
——No par
Am Coal Co of AUegh Co N J
25
American Colortype Co————10
American Crystal Sugar————10
t5%
250
,
80 Va
4 Va
68%
/
4%
62%
62
•7%
*7%
'
68%
4%'
4%
63%
,
15
20%
40 Va"
*39
40 Va
*68
68%
*3%
'
5% *
5%
*71 Va
71
*3.1%
:
1011/4
26%
*26
80%
20 Va
70
27
26%
■
*1001%
,
9
*81%
9
*8%
:
79
,
3
*2%
*8%
72
4%
14%
14%
1011/4
26V2
*26%
:
K-3
,
Chain
Am
1
—25
-
Jan
Jan
2
Jan
4
3% Jan 20
71 % Jan
2
173
Jan
9
24% Jan
6
64% Feb 15
18%-Jan
5
109" Jan 22
96
Feb
4
19% Feb
1
v
6% Jan 26
14
Aug 2
——100
Corp
—
Car
tAmerican
.
-
*10 0 %
■„
105
,<24
*9%'10%
10%
*9%
14%
*67%
*68
24
*21
10 Va
*9%
105
*21
105%
105V2
24
*21
Radio
&
5
18
47
'
4%
27%
127%
No par
Preferred
70
115
*113%
115
26%
72
*62
*1041/4
,
22%
22%
22 Va
*113%
IOIV4
19
*39
2,200
22%
113%
lOSVa
14%
*
40%
1,000
22%
American
3,300
71 %
22V4
10
*66
*39
36
71 Vt
113 Va
22%
19
77
18%
79%
18%
35%
711/4
Fdy
Can—™—
t Preferred
390
36 Va
71%'
*70%
71
:
V
711/4
26 Va
:
American
'35%
36
36
35%
*100V4
4s/a
4%
184V4
*184
184%,:,'
14%
■
*3 3
184%
184
101 Va
26%
'
27 Va
,27
4%'
18%
.184%
183%
V4,
7
Corp
&
8% Jan
10
50
~1
preferred
conv
Cable
Amer
1,800
84%
24
25%
2%
9%
*2%
.
9%
*75%
6%
84%
14%
25 Va
*25Vt
26
2%
4%
7%
84Vt
**100i/4
"
5%%
7%
84'/a
Bosch
Brake Shoe
6,700
'
7%
"
•
Am
83%
105 Va
xlO
*14%
14%
*100% 101%
American
134
*133
134
*133
1,300
2,500
7%
—
preferred
6%
60
36
7%
351/4
82%
xl05%
\
71/2
36%
36
134
*133
115
*20
10
7%
36%
Bank Note™
American
1,200
16
Lowest
$ per share
$ per share
Par
Shares
1942
Year
Range Since January 1
Highest
Lowest
EXCHANGE
58%
7%
7
*114
...
*57%
7%
7%
"
14%
101%'
%
70%
x22 Vt
106
*20
■
24
♦100
; '
115
106
35%
23
♦114
106%
*20
:
71
23
106
.
35
115
*22%
*114
184V4
185
34%
34%
34%
15%
581/a
82
82
81%
151/2
*571/2
16
58 Va
36V4
8
36 Va
6%
6%
;
134
*133
134
80%
185
185
*7%
*36'A
6%
80%
80 Va
7%
15%
16
58%
the Week
1 per share
$ per share
share
58%
16
58%
36%
*133
63/
6%
16
7%
36
<•133
15%
36%
7%
*7
36
,
$ per
share
58%
15%
*57
58 %
"57
$ per
$ per share
share
Sept. 2
Sept. 1
Sales
Sept. 3
STOCK
NEW YORK
for
Friday
Thursday
Wednesday
Tuesday
Range for Previous
STOCKS
SALE PRICES
HIGfi
AND
Saturday
Monday, September 6, 1943
FINANCIAL CHRONICLE
THE COMMERCIAL &
123
*-
•
31
Jan
Dec
Dec
9%
Jun
Apr
7
2%
Jun
4Vb' Jan
14% Apr
6
4%
Jun
7%. Jan
12 Va Apr
29
4
Apr
May 26
22
Jan
57
28 V4 July
14
12% July 22
6 Va
Jan
36
Dec
13%
Dec
Apr
6%
NOV
24% Aug
6vb Mar
4%
45
Sep
33%
Dec
19
July 15
8%
Jan
12%
Dec
20% Mar 22
12 Va
Jun
18'/a
Jan
Apr
x23%
Nov
26
Oct
105
Oct
X29
33 %
114
3
Mav 27
15%
July 19
20
Mar 16
103
Apr
Mar
107% Aug 28
14
July 26
33% July 13
Aug 28
11% July
1
114
20% Mar 16
23%
Jun
30
Feb
Apr
110%
Jan
6% May
9 Va
Dec
9% May
17%
Nov
*64
39% Apr
6
28 Vt May
397/a
Jan
17 Vt Jun
5
9% May
15 Vt
Nov
56 % Jun
5
3
38
July
17
Jun
28
69 % Apr
6
—•
121% July 20
46
Va. Mar
54
Sep
17%
Apr
24%
Jan
8Va
Dec
8%
Dec
667/a
Jan
49 %
105
May
July
121
Jan
,!i
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4209
158
LOW
V
Monday
Saturday
? per share
.
SALE
HIGH
AND
$
$ per share
STOCKS
$ per share
$
Sale* for
NEW YORK STOCK
Sept. 3
Sept. 2
$ per share
Range for freviono
Friday
Thursday
Sept. 1
share
per
PRICES
Wednesday
Tuesday
Aug. 31
„
Aug. 30
Aug. 28
the Week
EXCHANGE
share
per
Range Since January 1
Lowest
Par
Shares
t
Year 1942
Lowest
Highest
$ per share
$ per share
Highest
per share
I
'
'35
35
34%
34%
17 Ve
*17%
17%
8%
8%
8%
8%
*17
m
14
>14
*97
98
"97
*15%
16
46%
46%
*91
93
47
47
30
30
28 Va
28%
33%
33%
*3%
3%
*347/a
*33
*46 Va
•
.
47
92%
.
17%
8%
8%
8%
8%
*16%
17%
*16%
/
30
.
g
15%
98
98
15%
15%
15%
15%
46%
47
47
92%
92%
47
47
15%-
*46%
47
*92%
j;
95
•>'
47
-
.1
,
47
30
47 >,.
29
-
*14
30 Ve
1
>!'
9
*16%
•
■;
92%
*45%
35
17%
17%
.
15%
•
34%'
17%
*14%
98*
15%
35 Ve
17%
*17
15%
'
35
17%
•
17%
-
35
*17%
*97"
17%
14
*34
17%
8%
.
35
17%
34%
*17%
17%
,14%
'98
'30'A
1
*14
15"
*97
98
v
>
*92%
"
15%,
47
*
>.
/.:*
28%
.'•..34
28%>-
28%
28%
28%
34%
34 Va
34%
33%
34%'-
-3%
3%
*3%
3%
*3%
3%
36%
*33% -36%
*34%
36
*34% y,' 36
34%
*33
*33
34%
*33
33%
Bohn
120
Bon
28%
'■
Aluminum &
Ami Co
class
Brass
Bond
2
11% Jun
13 Va Jan
5
19 Ve July 14
19
Jun 21
9 % Jan
26
9
100
14% Jan'
,2
3
'
,
<
'3%
3%.
,
"34%
■
'
10%
10'/a
26%
26%
26%
*41%
42%
/>
'
42%
42%
♦40%
41%
y.ViV
Va
;/>■
•
Mi
i >
1ft
•"
*14%
15
*38
40%
*17
Borden
Boston & Maine RR__.
10 Va
*'41
"> l,
-
15%
15%
*38%
40%
:
*15%
15%
*38%
40%
Co
25
73
May
05%
Feb
51,
56 Va May
8%
*116%
6
104%
17%
;
50%
•"'••
8%
118'""
6%
Jan
17%
Jan
29% Aug
•
.
Jan
15
22% Jan
2
5
26% Jan
13
100
2% Jan
9
28% Jan
16
Corp
118
*7%
7%
17%
*31%
32%
*26
27
,*107
*17V8
19
108
...
4
"
/,.?
"'
3%
:
39
3'A '
12%
4%
4%
*51
58
*35
37%
9
9%
9%
27%
27%
27%
3'A":
*27%
3%
3%
77 "
55
*52 '
37
37
'
*36
>
4%
55' >»
37
•.
,
13%
3%
3%
13%
-
;9%
27 A
*52
55
19%
19%
25
25
19%
V.,'
7% V
15%
13%
74
7%
22
21%
*7
*96%
27%.
♦4%
35%
*115
12%
*18%
18%
*2%
3% i
28
4%
*4%
4%
107%
108
108%
108'A
139%
139%
139
46%
457/a
45%
46%
35%
36 Va
..V 36%
127 Ve
47
36%
,;■>
47
>
*105
106'A
106
105
.,
115%
116
116
1
*18%
*10%
*18%
*103
108
35%
53%
5% V 5%
18 Va
*17%
*5%
6
X20
20
107 %
107%
107%
29%
*28
28%
*6%
> ;>
109%
*
?
7
11%
;<
6
112
6 ;
^
•>'534;
54 Ve'
>
-
*5%
>
■
...
•
12%
12%
4%
4%
18%
18%
At 18%
14
14 Va
17%
17%
>*38%
39 Va
17%
V
:
.
>'
4% :
18%
17%
17%
*17%
39 Va
39 Va
5L%
*50%
51%
*13
14
*13
14%
*15%
16
16
2
1%
■
1%
16
l7/a
Sep
Sep
7%
Oct
15% Mar
20 %
~9%
Oct
3%
Feb
105% Apr
20
9% Jan
4
15% Jun
2% Jan
5
108% Jun
par
41,
-100
7
6% Jan
2Ve
May
4
3
40
Sep
4
18
75
Jan
20% Jan
24%
Oct
Sep
6%
Feb
19%
Feb
69%
Dec
10
Jan
1,800
700;.
190 ~
,
<
900 ,i.
■!
600y
200 >
6%
710
53%-
46%
10815#
108/ft
7 Va
/
7 Va
7%
12%
: 13 Va
4%
4%
'
13
4%
,
.
18
14%
■
51%
*13
14
51%
Vo
40
51%
*15%
>
k
200
-
J
537/e Nov
1%
Jan
7Va
Nov
13
247/a July 14
9Va
Apr
15
29 Va Jan
23
38
Mar 31
27 Va
Dec
33
6% Feb
9
11% May: 7
3%
Jan
100
—25
Ry
Mills
:—^-No
(J I)
—.—100
si
;
.•
•
,/
,
100
'
1
117% July
2
14% Apr
■.
21
16% Jan
2
4
.
Apr
Apr
29%
Apr
97%
Deo
Apr
120%
Jan
Apr
Aug
97%
Deo
8%
Deo
23%
Jan
63/a
Jan
12
18% Jun
Apr
.1% May
00
2
237/a Jun
7
3
Jan
7
11
82
July
104
Jan
35
1% Apr
23% Jan
Jan
2
7% Jun
4
32% Jan
8
65% Apr
I
19% Apr
6
24
8
17% Jan
12
Jan
5
99% Jan
108
8 % Jan
34
Deo
Oct
3%
Nov
32 Va
33% Jan
50
July 23
95, Va Jan'
2% Jan
18
Deo
19
Jan
2%
:
6
22
Apr
5
12
41
6
54
May 1
May 27
•47
11% Jan
12
10
13% Jan
4
-No par
LVa Aug 26
25
5
24% Jan 30
98
5
2% Jan
13% Sep
7 Va Nov
17% Jan
Aug
Apr
July
33
Feb
2% Deo
8% Nov
Jan
8
Oct
36% Jan
Jun
Jan
37
9%
Jun
4%
15% July 23
l3/a
8%
7% May 12
2
217/a Jun
Oct
100% Nov
Jun
48 Va Jan
par
18%
Apr
5% Apr
27% Apr
89
Apr
% Apr
-
9% May 11
17% May 13
Jan
Jun
93
108A Aug 27
2% Jan
6
July
Sep
14%
July 22
25
15%
May 17
Oil-
Oct
O;
15% Jan'
Cotton
Jan
Jan
3% Not
27
100
Childs Co
3%
18
8
No par
No
Jan
Jun
Apr
41
—No par
;—-100
-5
preferred
110
'
10% Jan
ibnv
Deo
2% Nov
Mar
2% Apr
.7% May 13
113% May 10
14
,
1%
5
Jan
Jan
42% Deo
16
7
3
Mar 19
Deo
Deo
77
Aug 27
13,
,
78
130
110-
-
3% Mar 12
111
3% Nov
July 16
23% Jun
12
1% Jan
28% Nov
15
5
97% Jan
<
30
6
8% Jan
18% July 31
.7% Jan
Chlckasha
100
9,000
T
.
96% Feb
Jarr
—50
—50
—5
$3
170:
~
'"■•'
;
July 22
Julylfi
Jan
77
Apr
22% July
82
54% July 19
25
40% Jun
108
128'
3
7
21
Deo
89
Feb
4% Nov
Apr
2% May
54% Apr
117
Jan
July 13'
4
119
Products—i-V—1
-100
144
7
'26% Jan
95% Jan 26
>
;
38 Va
tPr pf ($2.50) cum diV—No par
Chicago Yellow Cab
No par
300.
13
40% Jan
97%, Aug 31
31% May 29
37%
32
6
5% Apr 1 6
123
May 10
11
Chicago Pneumat Tool——No par
800 .'
v
77% Jan
98
Chicago Great West RR Co
5% preferred
—
Chicago Mail Order Co
1,000
:.
8
x33
Class
.
'*>:'>
,'
17%
7
-100
Preferred series A
2,700 '
;>
Jan
Apr
46% July'22
'
127% Jan ,21
:
prior preferred
9 Vb
2
25
3% Jan / 8
No par
——
Jan
25% Jan
X85
MOO
Co_
Chic & East 111 RR Co——No par
3,100
>
4% Jan
40
Va Deo
Aug
7% NOV
29 Va May
1% Feb
47% July 2f
36% Jan 21
par
——1
A!
Chesapeake & Ohio Ry
6,200
;>
,
*15% i 16% r
1%'
"1%
1%
Apr
Va, Jun
13% Jan
Pacific
preferred
Checker Cab Mfg
5,900
39%
13
Deo
Jan
1
16V4 Nov
6%
14,400 "
14%
si
■;
22%
16%
50%
.
Mar 27
1% Mar
Jan
6 %
500
;
,»:
13%."
39%
16%
1%
■
^
19%
17%
'
■:
•■;->
14%
*13
16%
1%
17%"
*39 Va
;
- 4%...
14%
56
2
Jun
Certaln-teed
•
620.'
t
8% '
4%
14%
17%
,
39 Va
30%
18%
% Jan
Deo
5%
Cham Pap & Fib Co—
46%
'
30% July 13
7
52% Jun 24
Jan
17
11 Va
Chain Belt Co
-
,109%
13
22% Jan
20
Jan
Nov
95
7
200.
107 %
.7%
25% May
37/a
10%
7
200>
'
46 Va
,
Jan
Apr
6 Va Mar
9% Apr
^
,
*108 ft
;
18% .18%;
14%
1%
27%
;
18%
20%
*29 %
30%
46%
'
*15%
>
.
46%
16
2 Va
6
19% Apr
>
17%'. 17%,
> *107 ■'
83% Apr
21% July
2
Preferred
700
*20 •
Jan
Cerro de Pasco Copper—No par
80
5%
"
.9% Jan
par
—100
No par
,__20
Central Aguirre Assoc—
No par
Central Foundry Co—
<-1
Central 111 Lt 4Va% preferred—100
JCent RR of New Jersey
-—100
Central Violeta Sugar Co
—
Century Ribbon Mills
:—No par
■
2,200
.
29
72
"—1
—
prior preferred1% 2d preferred—;
Celotex Corp
5% preferred new—
770
114%
3
No
;
Nov
Jan
4%
10% July 15
7.2% Jan
par
.*——100
36%
53
No
Jan
July 15
5% Apr 1 7
18% July 2
5% Jan
—
Oct
Deo
44
427/aMay
6% May
21% Jan
—30
5
25
7
(
preferred__100
7%
>36%
,
>
107 %
108 fa
*50%
,
1%
*25%
1
T—t CM vgO
39 Va
*50 Va
17%
*29 %
14%
14%
16
5%
26% Nov
60 *
5%
-
534
20%
30%
14 Va
51%
1%
5
May
5%
1
17%
30
7
4% ;>
*50
*15%
10% Apr ' 1
4
14 7/a.
of Amer—:—No par
series prior preferred
100
330
11"
■•
*110
36%
*20 Va
107%
108 A
18%
*13
:/
107 Va
45%
V;
12%
> 4%
40
Deo
—1
Preferred
30
1,700'
2%:;
:^*5%
54%."'
107
107%
67/a
4 Va
17%
18
6%
18%
*38%
Dec
31% Jun ' 7
30 >
HI
*19%
113
53
20 Va
12%
7Va
*13%
*17%
*20
& 109%;
4 Va
14
3 Va
85 Va
35% July 19
Celanese Corp
19%
Ml'
s
'
Jun
2
Caterpillar Tractor
•,
*2%
6 '■>?>'
V
111
'"'36%
36%
36%
54%
46
*108
18%
13%
2% Apr
47'/a
20 Va Jari
,—50
1,200
12%
109%
11'A
5%
30
12%
*12%
Jan
~—100
Packing
2,400
.19
*19% •19%-
•
20
20%
45%
109%
7
par
Case
;.i
', 128 '
V
2%
19%
18
,
*28%
28%
45%
108 h
20%
107%
107 %
45 Va
45
45
*108is«
Jan
16% May
19 Va May
___—_—
'
117"
110%
19%
108
v
54%
*17%
18%
20
Oct
87/a
112 Va
11%
.No
Zinc-Lead
; ;
*17%
♦19%
14%
Deo
18Va July 16
400
k
105%
.""12%
19%
•.
*2%
HOVa
,
11%
*5%
36 Va
53%
54
*53
Apr
6
,
29 % Apr
.7
■;•
■
*116
19
19%
"
108
36
!
19%
2%
: 110
>'
19 '
11%
:■
T
*103
35%
'
<;••*.>«
9V«
*103% Mar
19% July 2824% Jan
6
500'
'
,
*127
>
13 ::•->/
19
18%
2%
110
11%
*5
6
19
18%
2%
111
1234
1234
18%
18%
2%
*109%
n
12%
19
18%
V".
19
•
2
6% Jan
par
par
——'—10
tCarolina Clinch & Ohio Ry
>100
Carpenter Steel bo
,5
Carriers & General Corp
1
70
,
48
105%
105
Jan
4
Gannon
100
300
3634
3634'
'
Nov
8% Jan
15% Aug
-
115
*5
5%
•;
•37'A
12%
2%
36
*46%
47%
36%
"
-
141
115%
19
Jan
—10
$3 preferred
109
*137%
Jan
10%
35
v
1
Capital Admin class A
4%
*107
114%
19
"
97'A
!'*».,'.V 4%
1%
54% Aug 17
.No
preferred
Canadian
7,500
7%
28
Jan
"
Apr
tCanada Southern Ry CO——
1,200
.
43
>
Jan
%
Hecla Cons Cop_
5
Campbell W & C Fdy
—No par
Canada Dry Ginger Ale™
—5
V *43%. 43%
139
*12%
11
3
3
Calumet &
1,200-
9%
109
37
Callahan
2,900 -
-V
7%
139
115%
in -
"■ *7
.
*107
127
10%
8
49% Sep.
14% Jan
preferred
Copper & Zinc
California
35
v.
*42%
'.v
4%
127
18%
9%
.
.
127%
2%
76% Jan
-No par
conv
t5%
22
*33%:
•t'„;
97%,:
- *96%,
28
V-,* *26%
127%
18%
20 % July 10
7
No
preferred
2,400'
15%
"!,•■•' 21%,
:
r
7%
127 y4
*109%
2%
*52%
46%
\
15%.
43
*4%
139
47
'.7
12% M27/a
18%
4
12
—100
Watch
3,100>
"-1-
127%
18%
Nov
43
7
Apr
28% July
5'
10% May 6
118% July 27
97/a May 10
116 Va May 10
Byron Jackson Co—
55
9%
*27Va
108 y2
i
36%
*105
106 %
19
Jan
6 Va Jan
104% Jan"
_100
Byers Co (A M)
—No par
Participating preferred—,—100
900
25%
1
35
*96%
>
25%
.
22 %
9%
*7
.4%
108%
142
36
*5%
*4%
*139%
'115%
35 Va
1
42% July 23
.No
Terminal
Butte
1,200
19%
*54'A
.
*43% ; '44%
97
28
12%
1B% Jun
—5
preferred ——^
5%
,
60
IVb
*42%
7%
44%
97
105
*.
35%
■
♦43%
28.
4%
*127
2
No par
Bush Term Bldg 1%
600v
15% '
*33%
""
43
•
*7
7%
44%
%
600
13%'.
lVa
15%
22%
9%
97'A
6
*5
43
43%
*7.
*43%
22
97%
127'A
Jan
Apr
A. APr *
lVa Mar' 1
8
Forge Co
6%
74%;
*19%
;
55-
X7
35
9%
*27%
4%
19'/a
1034
*19
22%
27%
*105
■•'<
9y8 Jan
Butler Bros
13%
25%
7%
*33%
f
9%
*43
7%
25%
15'A
97'A
111
111
22
7'A
15%
;
34
9%
44%
115%
*127%
21%
*33%
43%
106%
*105
105
7%
27%
143%
Nov
26
29% Jan
—
—
Bush
;
140
■74%
19%
*54%
1%
>>, 1
*96%
108 >..
5%
2,200
;
27%;;
vr-'3%
74 V'a
*19%
25'A
•
1
27 %
*107
*45%
25%
15%
<
19%
*54% " 55"
'
7%
*7
Nov
21%
2
No par
No
par
—
9%
Jan
30
4* Mar
No par
13
Jun
July 14
44
Sep
7Va
15%
7
44% May 21
16
4
Burroughs Add Mach_.
,
\
9%
*26%
*:
3% >;
13%'
13%
*73 %
97%
*139%
-
1
*15%
9%
*43%
44%
■
7%
21%
*43
7%
*43%
25%
55
1
34
9%
43%
•43
25'A
'
15%
-
*33'A
-
9%
19%
19%
*54%
1
15%
34
9%
25%
i
;
7%
22
19%
*54'A v55
•V
15%
<*33%
Si
19%
25 Va
*54%
55 .;
l>b'> 1
-.V.".-
Jan
Aug
Burlington Mills Corp.
1,500;
r
37% "
9%
'
27%; '
3%
13%
73%
.•:> 77
*74
.
9%
;
1
Bulova
3,900
r
4%
"37
>
100
3,400
500 >
12%
30% Jun
7
Bullard Co
109
<>:' 4
-:
Buffalo
soo
■:
27% ?•;
12%
4
•
27%
*74
*52
-
12%
20%
13
Wheel
700
'
'
32 % >
V
i: 27%
*107
v?
108
*4%
9%
9Va
*13%> 13 Va
.
108
*32
-
28 Ve
>12%
12%
'>
33
27%
108.
12%
>4'A
*32v
27%
*107
12%
*4
33
27%
Budd
2,000
•
19%
May
'
i
8
18
19%
•
*15
4
A jani
:
Mfg
preferred
31% Nov
Jan
37% Jan
Oct
Mar
33% Aug 18
12 Va Apr
5
33
Dec
3 Va
25
7
9
Dec
"28%
37% July 23
20% Jan
par
par
22%
Jan
1% Jun
19%
3
Jau
a
5
Co
$5 preferred
•
18% Mar
5
July 14
6% Apr
—No par
No par
(E G)
\1%
/
20
15
No par
preferred
Budd
450
*17%
18
1%
140
50%
V *7%
: 77/a
.
17%
"
^_5
Bruns-Balke-Collender:
7,100
99% r
49%
*19% <• 20 >>>.
v.
36
-
*26%
77
*32
108
108"
12%
*9
13%
13%
27'
„7%
;■
20
: " 58
36
27%
*74
32%
26%
4%
*51
9'A
*26%
32%
108
8
17%
17%
*19%
26%
*4
4
17%
20
19.%
"32%
12%
36
*9
•
*107
V
„
7%
8
17%
20
17 5A
26%
> 58 ;.¥ '■C-
*51
*35
!y-
*32
12'A
12%
Va
7% :
7%
7% '
17%
20 Va
Bearing Co
Bucyrus-Erie
50
98%
:
50%
'
*19%
RftO '
2,300 '
■
6%
6lA
102%
50%
!
Brown Shoe Co
8% {,
8%
*116%
6%
*100
50%
17%
17%
8%
*ii6y2
104
*102
52
*50%
*17%
8%
118
6%'r:.'i 6%
6%
*102
•
51
17%
>> 8%
116%
Deo
40%
Brooklyn Union Gas_.
1.100C.
43
Apr
(The)
Bristol-Myers Co
Brooklyn Si Queens Tr
Bklyn-Manh Transit-.
r
Jan
6
96% July 29
13
May
6,300
1
<
v
21 Va
'
May
May
13 Va
Briggs & Stratton
200
500
A
Dec
13 Va
•21% Mar 30
30 Va
1,400
43
•r
'
75
July 15
c
41%
•'
->42%
Jiiiii
42%
iV
2,200
'<
July
30% Sep / 2
f
27
Jan
58
July 24
8
3,000
lOVa
:
26%
12
,
2
Brewing Corp. of America
Bridgeport Brass Co
.„__No
Briggs Manufacturing
No
~
•
40 %
*17%.
8%
6Va
"
■'<
;'
42
AA "■■1
v;i
15%
is
116%
103Va
51
42%
*38%
17%
*17%
8%
*101 •"
52
'
*41%
II.
f Ig
40%'
*38 '
-116'
6
'
104'/a
*51
42%
42%
1"
■
"
10% '
>•'
Jan
Apr
8
17
Bower Roller
34Va
:
•
14 Va
38 % Jan'
i
*33
1
36
Jan
Jun
11%
'
par
-
*34%
'
?
17%
'
*41%
'
15
14%
14%
8%
116
6%
•6
*102
■•
40'A
17%
A
8%
116
10%
'v
>
26% V 27
42%
iiS „vl« hi
u
IS
•"
-32
a
14%
*38
17%
8%
*115
10%
26%
42%
*41%
»"■
%
.
\
*42%
x42%
42
42
.;
34%
1.26%
10%
26%
10
26%
*33
34%
36
*10%
10 %
10
26%
s
*34%
1
Jan
7%
89% Apr 24
1
Borg-Warner
'
Deo
19%
par
Inc
5,900
-
share
29
Sep
5
17
Jan
'
•:
18% Apr
14% Apr
—No
Stores
2,000
"
6
No
A
3,300
,
34%,
19% Mar
6% Jan
5
Class B
250
2,300
28%
34
v
*
,
5
4
41% Jan
700
30
38% May
Jan
76
2,500
29 V2
3'A
28%
28%
30
92%'
'48
<
*46 V'a
30%
28%
8
16
Bloomingdale Brothers
—No par
Blumenthal & Co preferred
:
100
Boeing Airplane Co__
'
5
47%
v
46%<-
V 30%
30%
,
15%
•
•'91%
93
**40
98
*46'A
'"
33%
•',:'
i7%;-'
15%
47
•
3,300
*14
15%
••
9
27% Jan
No par
Black & Decker Mfg Copar
Blaw-Knox Co
No par
Bliss & Laughlin Inc
5
500
*97
•
Bigelow-Sanf Carp Inc..
1,300
«
per
39% Jan
52
Jan
Nov
15% Apr 30
83/a
Jan
11%
10
11 Va
Jun
13% Feb
Jun
18
3% May
4
1
Dec
20
May
43 Va
Jan
9
Jan
92
May
99
32
Oct
34
Aug
Apr
3
Jun
2% Feb
'I
27%
77%
77%
77%
78
77%
78%
*15%
15%
15%
15%
15%
15%
103
102'/2
102%
102%
102%
47
*45%
*101
*45 Va
*25%
27%
*25%
48
.
*45%
*26
*26
78%
79%
79
15%
15%
15%
*103%
104%
*103%
*45.
46 Va
27%
45
Chile
27%
*26
79%
15%
48
27%
.
9,500
*103
105
*44
105
.;
45
45
Chrysler
1,000
78% 779
15%
15%
-—No par
100
City Investing Co
-100
City Stores—
5
Clark Equipment
—No par
O. C. C. & St. Louis Ry. Co
100
5% preerred
—100
Clev El- Ilium $4.50 pfd—No par
Clev Graph Bronze Co (The)—-—1
5 % preferred
100
*33%
34%
35
*130
140
*130
6%
6%
>:V 6%
6%
34%
*33%
140
*130
7 6%
34%
6%
34%
140
*130
*68
6%
*6%
34%
*34%
140
7
«
40
120
,
*70
80
1,500 '
•
400
140
*130 '
140
iw
34%
34%
35%
*130
7
*6%
«>
'
*65%
*113
-■
*68
114
>
80
*68
80
*113 >
114
*113
114
36
113%
80
113%
80
*70
113%
*113% 114%
113% 7
36
*35%
111
*107
*91%
92
*91%
92
*52%
55
*52 Va
55
*39
39'A
39
39
39
39%
39
39%
*35%
36
35%
35%
36
36%
37
37
36%
37
155
*148
155
*148
155
♦148V2
152
*149
152
;
114%
*113%
115
115
115
*114
117 Va
*114
60.
,<
*148
*113%
116
*35%
*107
36
36
*107
110
110
*36%
*107
37
36
110
'
*107
-
36'A
36%
36%
*107
110
Corp—.—
City Ice & Fuel
6 % % preferred
'
*6%
Copper Co
400
110
67% Jan
7
32% Apr
6
85 Va July 15
10% Jan
2
15% Aug 18
4
105
Feb
10
53
2% Jan
13
Jan
13
96% Jan
27
33
123
67
Mar 17
Feb
2
109% Jan.; 4
28% Jan 22
101% Jan
7
July 22
July 15
2Va
8% Jun 25
Mar.
7
28
Jun
Jan
18
120
Dec
747/a Jun
7
67%
Apr
116.% Aug 10
107 %
Jun
39% July
130
22
38% July 26
May
25
,
Jan
70% Dec
10% Aug
39% Nov
125
Deo
72
Mar
112% Nov
31%
Dec
Aug 12
95% May
102
Aug 19
53
July 12
48% Mar 30
77% May
47
May
32% Apr
50
Jan
44
Jan
40
25%
36% Jan
107
Deo
'
*148
155
*113
114%
*65
66%
*65
*820
<
66%
*820
•
*91%
92
*91%
92
*91% V 92
*52%
55
*52%
55
*52Va
*65
66%
*820
*65
66%
*820
38%
65
23%
21%
21%
21%
21%
21%
21%
22 %
22%
108%
21%
*108
*108%
108 %
108%
108%
108%
108%
*1\)8%
235/a
23%
23%
*113
►113
♦15%
__
38]A
36%
36%
65
^
*65
*820
23Va
109
-•-.22%
xl08
1
,
Special gtd 4%
66%;
,30
''t
23
10,500
(
108
160
142
88
(The)—
Colgate-Palmolive-Peet—No par
t$4.25 preferred——
No par
24%
25%
"113
25%
116
*24%
*113
25%
115
*24%
*113
25
1,200
115
..—No par
Collins AfAikman—
5%
conv
100
preferred
15%
15%
16V8
16%
16%
16%
16%
800..
Colo Fuel & Iron Corp—
10T4
107/b
107/a
10%
11
11
11
11
11.
•
4
370
Colorado & Southern.—>.
11%
11%
ll7/a
11%
12
12
12%
12
12%
i
1,860
lOVa
11%
16%
*16%
16%
.
*10%
11
*10%
11
10%
11
10%
11
*21%
21%
*21
21%
21%
21%
21%
22
22
22
*21
22%
21%
22 %
21 Va
21
1,700
21%
21%
22
22
22
22
22
1,800
963.
11
11%.
710
4%
4%
1st preferred
2d preferred
o.
Columb Br'd Sys Inc cl A
Class B—
92
..
July 20
150
Jan
4
123
11
65% Mar
Jan
149
Nov
56% Mar
July 14
62 Va Jan
92
Nov
63% Jan
5
16% Jan
U
12
17% Jan
106
Jan
23 Va Sep
11% Mar
2
97 Va
109% July 17
2% Jan
13% May
Va Apr
14% Mar 15
3% Jan
12% May 12
12 Va Apr
2
2.50
15% Jan
24 Va
2.50
15% Jan
24% July 14
3
Jan
May
96
19% Juy 14
14% Jan
100
.—100
Apr
10% May
28% July 15
112% Aug 26
No par
-.100
Jan
Feb
470
103% Jan
Apr
84% Mar
55%
139
8
May 13
Jan
t
24
*113
11%
page
33% Jan 12
-100
Co
*10%
see
3
No par
tClass A
—j.—No par
Coca-Cola Intern Corp—.
No par
Preferred
10%
footnotes
6
Coca-Cola
,
11%
For
23
Feb
37% Aug
100
10%
21 Va
Jan
50
—No par
Cluett Peabody & Co_—7
No par
1,300
11
16
84
Climax Molybdenum
800.
38%,
—
stock
-50
50
fClev & Pitts RR Co 7% gt'd-
<
55
*52 Va
39
*820
92
*91%
.
55
1
•
July 14
,
May
% July
8% Apr
Apr
8%
470
Feb
17% Nov
107%
18%
108
Dec
Oct
Dec
18% Jan
4%
Sep
5% Sep
5
Sep
16%
DeO
16%
Deo
LOW
AND
Tuesday
Aug. 80
Sept. 1
$
f per share
share
3%
3%
3%
69%
69%
65
65
93
*15%
16
*90%
39%
39%
39
93
111
41
41
41
42%
14%
15
14%
15%
%
%
li
H
66%
66%
66%
26%
26%
87/a
21%
.{'
26%
21
/'
8%
*8%
22%
21%
*20%
*20%
21%
107
107
106%
4%
21%
104%
*103%
2%
2%
16
; *15%
6%
■•;,6%
j
;
22
20%'-
106%
*106%
13%
*
11%
11%
*37%
104%
'
::
*2%
15%
!■
14%
11%
1
38
'
*
11%
8%
" 8%
8%
107%
*106%
32%
33
12%
12'A
:
:
"
'
19%" /
8%
*106%
1
12
12
11%
37%
8%"
'
108%
32%
33%
33%
102%
9
-
48%
48%
5%
5%
5%
•
12%
*48
49
*48
33%
5%
49
49
5%
-
/
:12
Jun
24% July
••
*
34
f
Continental
Continental
5%'
4,500
Continental
5%
34% V.
;
*24
*23%
24%
♦23%
24%
24%
24 %
"
24%
;
12%
X12%
12%
12%
12%
'*12%
12%
11%
12%
V
*52
53
*52
52%
*51%
52%
*51%
52%
*51%
16
15%
*44%
44
44
45
59%
59%
58%
185%
•185%
185%
187
4%
4%
4%
1%
4%
4%
60%
185%
1%
2
45%
185%
4%'
4%
4%
2
*1%
19%
107%
18%
X106 %
107
*20%
21
21
.
106
106%
19%
♦18%
19%
19%
19%
*25%
27
♦26
26%
26%
26%
*44%
45%
15%
15
15
*44%
45%
15%
15%
97%,
98% '
*98%
99%
♦97%
31%
31%
31%
31%
*75%
76%
76'A
77
*76%
*20%
20%
•20%
21
10%
11
111
♦101
10%
11
♦107
,
4%
2
19%
-
:V;? 2,900
103
19%
♦26
45%
*19%
26%
♦26
26%
*44%
45
*44%
45
15%
15%
*15%
% 98'/a
98%
98%
19%
45%
15%
15%
98
„>•
,
100
;
;;
15%
2,900
130
98%:
32%
32 Va
32%
32%
32%
77%
21 %;
76%
76%
77
207/a
20%
21%
20%
10%
11
11%
11%
•
•
31%
31%
77
77
77
21
20%
11%
11%
20% \
11%
•107
111
*107
111
*107
110
110
110
♦110
103
*101
103
♦101
103
*101
103
*101
500
1,290
6,100
60
103
19
2,400
113
*101
19
; *16%
*20%
21%
17%
:
♦105%
*105% 108
39%
5%
6%
5%
*72%
*21•
*72%
75
39%
39%
7%
7%
7%
18%
19%
18%
17%
18
187/a
18%
99
20%
20%
*21%
108%
*106%
108%
*106,
6
5%
6%
75
75
75
39%
40%
40
7%
7%
19
19
7%
19
109
*95'
*100
109
*100
*95
103
*95
22%
22%
6Va
*5%
6%
*18%
14%
22%
*21%
22%
*106%
108%
*106%
6%
6%
6%
75%
*74%
75%
40%
x40
40
7%
7%
7%
18%
108
6%
*74%'
7%
7%
100
22%6%
7,700
30
76
2,700
7%
15,600
2,600
19%
19
109
109
109
*109
112
10
*95
103
103
103
*101
108
10
V.
22%
22%
*5%
6Va
So%
*18%
20%
14%
14%
14%
22%
8%
Apr
'2%
Dec
47/a
NOV
27% July
2
60%
7
15
5
8%
X22%
22%
d
Cudahy Packing Co
Press
Cuneo
6
B
Preferred
;
.v
'
22%
700
100
Davega Stores Corp
21%
Nov
Apr
12%
Jan
Mar
51%
Jan
23%
Apr
37%
Dec
42%
Apr
58
Dec
Apr
2% May
ii Apr
10% Apr
179
159
Oct
3% Nov
7/a Nov
14%
Dec
98%
Nov
Jan
16%
Dec
5% May
14% May
9%
20% Nov
3
32
Mar.
Apr
41
May
88%
Jan
23% May
39%
NOV
84
Nov
85
-
12%
23% July 27
<
16% July 14
10
99% Aug
77
6
.
Dec
; Jan'
12%
Sep
38
7
82% July 20
9% Jan
7
22% Aug 11
8%
Jun
7% Jan
9
14% Jun
11
5
Jun
V
9
Jan
July 14
88
Jun
140
Jun
74%
Jan
95%
Deo
8% May
>.13%
Jan
105
Feb
1
92% Mar 20
10% Jan
4
Jan
8
18
July 15
113
63
Jun
13%
Jan
106% Jun
10
20% Jun
7
26% Jun
10
13
Mar
Aug 26
90
Feb
100
Jan
2
Oct
106
19%
Sep
Dec
Jan
8
1% Jan
2
7% May 10
30% Jan
2
81% May 10
13% May
32%
NOV
17
2
41% Aug
9
12
20%
Oct
9 Va Apr
8
9 Va
Jan
100
Jan
6% Jan-
2
18% Aug 23
24% Mar 29
96
Feb
26
109
Sep
84
Feb
10
103
Sep
15% Jan
100
-No par
No par
Cutler-Hammer Inc.—
Dec
Apr
71% Jan.
pfd
$8 preferied
27%
-
30% Aug 23
—1
Cushman's Sous Inc 7 %
46% July
2
Jan
2
30% Jun
6
11% Jan :. 4
—1
—
A
Class
12
81% Jan
45
V
/
'
'
15
Jan-'
2% Ma>
Jun
22% July 14
108% Aug 19
23% Mar 12
'
J8% Jan
-—No par
preferred
Curtlss-Wright
May 17
Jan
"
37%
100
Prior
2
2% May 22
•
—No par
No par
(The)
7
.
61% May 21
Jan
9
—5
preferred
Curtis Pub Co
Aug 24
Apr
186% Sep
2
16% Jan
30
Inc——
6%
22%
22%
s
6
17% Aug 20
47
2
14% Jan
95
,
Apr
53
6
23
U Jan
100
Apr
7% May
27/a Jan.
—25
preferred
49
;
53% Jan 20
Crosley Corp (The)
Crown Cork Se Seal
$2.25 conv preferred
Crown Zellerbach Corp.
4%%
108
40%
40
19%
19
1,500
*100
103
19%
*22%
*21%
22
•
19%
19
18%
18%
V,
109
103
*100
6%
75
39%
Sep
2
<—1
1
i
Dec
Apr
5%
30%
18% Jan
Jan
28%
21 Va
8
x9% Jan.
176
Jan
4
Apv
—25
100
Dec
103%
28
17
Refining..—
Oct
5
15% Jun
■
37% July 15
Jan
Jan
16%
2%'Apr
77.
Apr
8
Jan
Jan
Nov
96~%
May
11% July
25% Jan
15 % Aug
8%
il 9
82
8
45
% NOV
.
36% Jun
7
Jan;.; 2
37
V;
'
4% Jan
..20
s,
conv
Jan
7
No par
—No par
No par
-5
;
t$5 conv preferred—
No par
Crucible Steel of Amer
—No par
5%
conv
preferred
i
.100
Cuba RR 6% preferred—
.100
Cuban-American Sugar
100
t7% preferred
....i._i
100
6 % % conv preferred
100
1
17%
7
"
3% July
4%
40% Jan
2,000
19%
*26
20%
98
11%
15
Cream of Wheat Corp (The)——2
"
31%
Jun
110
;
20
26%
♦44%
15%
rS'
98
5%
104% Aug 24
5
*26% Jan
Jun
14
Jan
600
21
21
21
21
21
Co
Crane
420
105%
105%
105 %
105%
Aug 11
Jun
38
2
Co.
Coty Inc
Coty Internat Corp..
800
24
7
;
%
167/a Nov
94 ' Jan
27% Mar 30
16% May 10
,
11% Jun
tPreferred
1,200
J-'-.
Products
Oct
23% Jun
Bank Trust Co
Jan
"Jan
7
No par
5
fConv pref 5% series—
—50
Cornell-Ducilier Electric Corp
1
Corn
•
90
•
4%
19
19% •19%'
:
106%
♦20%
21%
•18%
♦44%
19
2,400
187
2
■
160
•
106%
21%
21%
19%
19
19
19
19%
107%
2
V
4%
1%
'
2
3,200
1
7%
Sep
■
5
tCorn Exch
-
60'A 1
60
*186
4%
"
2
V' 2
45
60%
186%
186%
16%
Feb
3
6
5
4
_1
Steel
Dec
97%
.
9
16
16
96
Apr
21% Mar 29
11
Jan
83
$2.50
Copperweld
Jan
Dec
12%
Jan
6
Del
of
3%
18%
'
;
Apr
Jan
Continental Steel Corp
.
1,900
•
52%
16%
45
186%
60
60%
60
186%
*45
■>51%
16%
45%
16%
17%
*44%
45%
*59%
59%
;
17
16%
300
.
Oil
Apr
1%
1
Sep
Jan.
Inc
/"
Jun
7
8
16
Diamond Fibre
Jan
Apr
x4% Jan
Motors
Can
Continental
1%
9% Aug
Jan
23%
Apr ,.i
12 %
.
Jan
44%
Apr
No par
20
Continental
•
17%
'
,
11%
89
Insurance—^
•
21% July
•:
11
•
78
10
33% Jun
100
1,000
'•
Dec
10% Oct
Jun
19% May 12
11
7
7
No par
25
preferred-.
A
July 24
3% May 12
11-
4% Jan
:_50
4,000
24
45
8%
6% Apr
105
13% Aug 20
21% Aug 20
25
—
:
500
i/2 Jan
2% Feb
2
Sep
24% July 15
5
"'7% Jan
.
100
:
ft
v
1
48
12
53
preferred
pfd
Corp of America
Continental Bak Co
:200
23%
15%
6%
Container
3,500
12
15%
of
7,300
••
12
4Va Aug 24
5
15% Jan
91% Jan
._l
tConsumers Pow $4.50 pfd
290
33%
15%
RR
$2.50
2,500
'!
25%
•
Cuba
Consolidation Coal Co—
.
1 Va May
105ft Aug 14
Preferred
»
200
;
12
33%
Consolidated Vultee Aircraft
Consol
"
109
_1
Consol
2,600
5
3
6
par
industries—
Film
12
4
—No par
1,600
x34%
'34%-
'
No
N Y-j.
•
5%
x5%
34
of
/ $2 partic preferred————No par
Consol Laundries Corp..-—
-5
1,600
-J
'
?
Edison
July 14
1% May 10
Jan
5
Coppermines Corp^.
$5 preferred——
5,200
'
33%
47%
.
Consol
-
90
100
called
16
105% Aug
preferred
prior
Consol
3,800
10,800
33%
#*24
6% "fn
•
400
./
12/
v
48%
48%
6
33%
6
34
Jun
25
28,800
109
'
33%
11-'
7
2
500
•
6
13
'
9
33
•33%
33
X12-
12%"
*12
49
s
2% Jan
3
'
*12
■
Jan
10% Jan
102%
*106%
20%
'17% Jan
1,600
'•'19%
8%"
107
•
1
No par
No par
Congoleum-Naim Inc.Consolidated Cigar—...
Oct
Nov
44% Jun
'
Oct
'
35
I
;■
105%
"34
Conde Nast Pub Inc—*----„-No par
:
•
Jan
Apr
July 20
1,400
24
91%
27
Edison Co
Commonwealth
11%
1
2
—
Dec
Jan
5%
.
July
21% Jan
preferred series
!
Dec
23
$6
84%
29%
68% July 10
•
■
38
19
19%
107
9
♦106%
102"
9
•
107
Jan
Mar
Jan
2
■
22%
; 15%
*37%
19
Jan
51
16%
36% Jan
11%
37%
19%
-
19%
19%
-
102
102%
*102
.
108%
32%
: V
33
.
15
37 Vz
37%
38
103
19
22% '
15
12
12
12
102%
19
22%
14%
104% Jan
64
45 Va
7
No par
14%
14%
*22%
22%
-100
2% Nov
Sep
Sep
Sep
30%
Jun
2
210
,i-7%
14
•
44
preferred
conv
Highest
t per share
29
July 9
2
900
..
'15%
6%
7%
14%
14
14%
'22%
v., 14%
:
•
*37%
103
11%
♦32%
si
22%
6% "■
*
*2%
""*15%
14
41
11
15
-
22%
2%:
*
*15%' 15%-:
8>;:
14
14%'
2%
2%
16%
'7%
•
14%
18%
108%
*106%
7%
14,
11%
102%
8%
8%
*2%
25% Jan
Credit
30% Jan
si Jan
'
4%
22%
par
—10
9 % Jan
•
X4%
19 Va July 14
Jan
29% Jan
103% 104%
104
7
9
par
•
108%
22%
22%
104
104'/a
*15%
22%
20%
"4%
"4%
~4%™
22%
22%
104
2%
13%
"
'18%
4
,
16
23
,*37%
38
102%
'
'".18%
•
:
104% 1
13%
'
102%
7
•/
14%
~4%
22%
par
-No
300
'
22
107%
•'
13
-No par
8%
8%
79% Jan
1
July 17
Commonwealth & Southern. -No par
-
7,000
20%
par
70% July 16
98% July 15
Comm'l Invest Trust
26%
■
22
2
Commercial Solvents
3,400
4,500
■
109
4%%
74 Va
Jan
11,100
67%
21
107%
107%
1
2
37
-No
preferred
Preferred
"4%
22
:•
11%
23%
13%
8%
''
40% Jan
100
2
21,800
15%
," ii
21%- 21%
•20%
'
67%
-V
.
27
8%
8%
*8%
20%
:
7
14%
•'V' 22%
*14%: 14%
•*22%
26%
21%
15%
"
26%
8%
>
■:•■• %
67%
20%
T
.
43
15
%
67%
r
'
26%
U
67%
21%
x.
6'/2-
15%
«.
par
.No
Co
5 Va Jun
$ per share
2
—
Pictures
conv
$ per share
1% Jan
.No
Carbon
Commercial
4,100
%
111
42%
42%
15%
8%
1%
"4%
'-.v.
42%
15%
$2.75
200 >■
40%
*107
42'A
20%'
106%
22
104%
2%
2%
V *15%
41
111
*107
Columbia
300
Lowest
100
preferred series A
preferred—
Columbian
37%-<37%
40
26%
•
:
'
~4%
;
-
39%::
40%
40%
111
X21%
21%
104%
4%
21%
r
'
107
,
16
*37%
'
106%
*105 Ji
I
>
16
67II
26%
*8%
16
Xl6
15
68
*21%
.
93
70%
42%
V
"
26%
*92%
♦107
•107
26%
93
40
39%
111
14%
8
*92 %
16%
41%
66
93
39%
145/a
66%
5 %
66
♦36%
41%
111
6%
10
♦64
*16
*107
*107
3,000
71
66
16%
38
12,100
71
*64
_No
Columbia Gas & Elec
3%
3%
71
65%
38
♦16
38 '
*36
39%
39 y8
*91%
15%
15%
'>
38
*36
93
'■
$ per share
Par
71%
3%
3%
3%
3%
3%
Range Since January 1 ?
Lowest
Highest
k.
Shares
share
per
70%
65
•90%
$
share
per
*64
70%
65
69%
'"•62
69%
*62
•
g
Range for Previous
Year 1042
'
STOCK
EXCHANGE
the Week
*92
3%
*69
3%
;
share
per
Sales
Sept. 3
Sept. 2
*
Monday, September 6, 1943
NEW YORK
for
Friday
Thursday
Wednesday
Aug. 81
t per
$ per share
STOCKS
PRICES
SALE
HIGH
Monday
Saturday
Aug. 28
■**i?•'
it'
v
CHRONICLE
THE COMMERCIAL & FINANCIAL
956
4
2
2
26% Jun 29
if
Jun
5% May
18
Jun
25% Jan
80
Jan
05
Oct
44
Jan
81
Nov
12%
Jun
18
Oct
D
*5%
♦18
14%
112%
113
*112
'
♦111%
112%
*5%
'
*18
13%
112%
*112
-.
6
6
21
'J:
19%:
19%
19%.
19%
19%
37%
37%
37%
38
38%
17
♦12%
13%
6%
17
*12%
6%
6%
34%
34%
34%
*34%
34%
17
34%
35
♦16%
17%
17%
♦17%
12%
13
6%
*1%
1%
20%
21
20%
*42%
.
14%
*28%
*95%
1%
29
29
J :
30
39%
s
30
30%
39%
47
;V: 29%
■
*30 Va
'
39%
14%
29
24%
24%
24%
24%
60
60%
60
*13
44%
60%
59%
140
139
29%
29%
29%
30%
*7%
7"%
*7%
7%
*7%
122%
*144%
145 %
129
121%
6%
*118%
*118%
122%
145 %
145%
145%
129%
*128%
J5%
120%
120
120
37%
37
37
*11%
12
*128%
*118
6%
30% v
18%
400
1,900
'
20%
6%
31%
39%
500
1%
21
6,800
31%'
10
47%
*31%
31%
5,100
"Z
570
*30%
31%
>/:•! 600
*39%
/
39%
40%
1,100
15
14%
14%
1,500
29%
29%
29%
600
97
300
13%
300
44%
690
97
*96
13%
13
13
*13
44%
44%
44%
28
27%
27%
*27%
28%
*28
28%
600
25%
24%
25%
24%
25%
24
24%
22,700
*96
*13
60%
60%
139
*96%
97
60%
60%
138%
139
*30%
8
12
31
8
8
*11%
.
122%
31
7%
30%
*118% 122%
61
*138
138%
31 Va
1
30%
*7%
8
*11%
12
44%
61%
*118%
*11%
12
*118%
122%
146
145
145%
145
145 %
129%
128%
127%
*128
128%
120%
♦120
38
38%
38%
7
37%
6%
900
34%
12%,
*45
*30%
40%
/
44%
96%
44%
140
*29%
*11%
*39%
13%
23 %
12
30%
40
30%
29%
96%
96
*138
46
31
•
1%
1%
20%
46
*14%
27%
140%
*1%
20%
30%
30%
34
6%
1%
14%
27%
♦120
&
♦157
159
156
7%
7%
177
♦174
157% 157%
157
•174
177
40%
40%
144%
,
*128
61%
4,000
500
141
31%
2,100
100
8
12
122%
145%
3,100
128%
100
60
&
15 Va
Jan
17%
Oct
Jun
5
8
Aug
12%
Nov
108% Jan
20
116
Jun
8
102
Mar
,100
pfd
Edison—
6%
b%
Dixie
7%
•174
pref with warrants
Co
—
A
Douglas Aircraft
2,300
Eastern
Eastman Kodak
40
40
40
40%
1,000
173
120
40%
*17%
18
17%
17%
35
35%
35%
35%
36
10%
10%
10%
10%
10%
10%
10%
3%
*3%
10%
'
*17%
*3%
4
4%
4%
4
3%
4%
4
5%
"
41
*40'A
17%
17%
*17%
36
18
35
■
*40%
40%
18
36
36
10%
10%
3%
3%
4%
10
4
41
1,100
6%
cum
preferred
Co
Inc
(The)
Eaton Manufacturing
Edison Bros Stores
18
300
2,800
Electric
Autc-Llte
10%
4,700
Electric
Boat
4
800
Elec & Mus Ind
Am shares
Electric Power & Light
4%
4%
47/a
4%
*74%
75%
73%
74%
75
76%
77
78%
77
787/a
76%
78
5,300
$7
71
70%
71%
71%
72%
72%
73%
73%
75%
73%
73%
4,000
$6 preferred
39%
39%
*39%
40%
39%
39%
40
38%
39%
500
4%
*38%
39%
*28%
30
*29
*55
57
56
56%
*56
117
118
♦117
118
30
30
4%
30
*39
*30%
30%
*30%
57%
57%
57%
*56
*116
117
4,500
30%
32
57%
30%
400
57
57
400
•116
117
*116
117
4%
60
117
Apr
13 Va
7
Jan
11%
Oct
10% May 10
2% May
bVi Jan
4%
Jan
1%
Sep
18%
Jan
6%
6%
85%
*89%
91
♦ft
For
6%
6%
6%
67/a
7
7%.
7
7
7%
7%
45,600
80
82
*84
80
80%
82
81%
81%
81%
83%
83
84%
960
►83
85
84
84%
84
85
84%
86%
86
86%
2,720
89%
91
91
91
*89%
89%
U
footnotes
♦ft.
see
tt
page
963.
ft
*89%
ft
*%
%
%
91
91
%
*%
91
200
%
200
5
12
1
22% July 14
14%
Apr
Oct
37
Oct
21
Jan
Apr
27 Va
Jan
Apr
39% Aug
30
37
17% Jan
7
35% July 12
14
Jan
26
Jan
6
33 % Mar
8
18
-25
37
Jan
6
40% Aug 10
33%
par
preferred
Battery
El Paso Natural Gas
Endicott Johnson Corp
5% preferred
Elec Storage
Equitable Office Bldg
Mar
8% Jan
20
21% Jan
8
83 % Jan
10
Jan
38% Feb.
22% Feb
13
2
18
20
15% Jan 20
Jan
5
130% Jan
12
56
16
Jan
8
5% Jan
5
9
4
115
Jan
Jun
24
-
.
9%
31% July 14
16% Mar
22%
Dec
97% Aug 10
70
87
Nov
17
May 10
Jan
16% July 15
9%
7% July
July 12
32% May
45
May 20
25% Sep
1
33
Apr
4
51
May
70%
Oct
May 28
95
Apr
134%
Dec
13 Va Mar
16%
35% Jun
1
Apr
7
Oct
Jan
10%
Nov
118% Aug 26
112
Feb
129% Jun
26
120
144
Jan
120
127
NOV
118%
Deo
13
3% Jan
2
20
170
May 19
108
2
184
Jun
8
170
Mar
45% July 15
26
May
tyo par
No par
No par
—No par
3
50
100
No par
No par
130
Aug 11
121% Sep
44% July
2
8
8% May 28
Apr
111% Mar
Jan
4%
Apr
151%
Dec
180
Nov
Oct
15
Jan
Jan
30%
Dec
Dec
13%
Jan
Feb
1%
Nov
Jan
1%
Nov
Sep
3
Mar 30
1% Jan
4
5% May 10
5
1% Jan
31!A Jan 20
6% May 20
4
28% Jan
20
2
23'A Jan
7
49% Jan
5
109% Jan
11
36% Dec
11
39 Va
33% Jan
35 V«
Apr
15
Apr
32%
Jan
29
Jan
34%
Nov
19%
Apr
26%
Feb
39%
Apr
Feb
49%
Deo
75% Sep
42
58% July 17
118
Aug 21
107%
IV,
7% Sep
3
Jan
84% Sep
3
40
57% Jan
86% SeD
3
46
54
62% Jan
Va Jan
Jan
17%
2
July 13
31% July 8
79% July 23
112
.
2% Jan
Nov
20%
18% May 10
4
14
Dec
Apr
2%
0%
10
34
16%
2
8
July
July
102% May
31'A Jan
—
Dec
2%
8
146% Jan
11% Feb
30% Jan
Dec
8
9% July 16
13% Apr
13
Sep
Deo
16%
117% Jan
Jan 19
,
Apr
8
35
26
Dec
Dec
29
-
8
73% May
153
16%
8
X173
Feb
6% Aug
134% Jan
Engineers Public Service
1
t$5 preferred
-—No par
t$5% preferred
—No par
t$6 preferred
'40
125% Jan
'
*80
% Jan
16% Jan
3 % Mar
5
No par
100
4
2
5
3
Mills
(N J)
36
"
0%
17% May
2
1
3
Eastern Airlines Inc
3,800
157
20% May 19
3% Jan
—No par
Dresser Mfg Co—
—.——No par
Dunhill International
—1
Duplan Corp
No par
8% preferred
100
Du P do Nem (E I) & Co
20
$4.50 preferred
—No par
Duquesne Light 5% 1st pfd
100
7%
173
NOV
36% July
2
Dow Chemical Co
38%
156%
Dec
Nov
2
No par
No par
Dome Mines Ltd
7%
173
Dec
27%
30 Va
,
5
Doehler Die Casting Co—.—No par
38%
157
Apr
10%
Apr
25% May
Jan
Jan
No par
—
7%
♦156%
4%
18%
Jan
110
8% Jan
12
2
No par
100
No par
Cup
Rolling
6
1
48% Apr
—.—No
Corp-Seagr's Ltd
38%
X173
175
July
1
preferred—_—
122%
175
Aug 17
43
No par
A
*121%
157% 157%
177
20
12
29
-20
Match
partic
Class
11
Jan
pfd—. .100
Diamond T Motor Car Co
Distil
Jan
26
Apr
-50
:—
& Reynolds
Diamond
7
19
.100
Detroit Hillsdale & S W RR Co.. .100
Devoe
.
..10
West 6%
IDenv & R G
5
10
1
& Western
Delaware Lack
Detroit
3% Jan
..20
7%
39
35
*117
3
19
Hudson
121%
121
18
71
Mar
2
Preferred
Delaware
38%
121
35
3%
9
Jan
Deisel-Wemmer-Gllbert
'
,
Jan
12
—,—No par
Co
Deo
2%
17
Decca
Deere
4 "
May 24
..25
(The)_. —1
—8
Corp
Dayton Pow & Lt 4%%
Records Inc—
500
*17%
.
7
46
29%
27%
129
30
Chemical
Davison
1,700
12%
18 Va
20%
29%
28
*11%
:
19%
38%
38
34%
1%
*44
,
14%
13%
*138
6%
7
14%
44%
*27%
*18%
13
13
29%
44
13%
34%
*17%
14%
14%
29
♦13
44
"
13 Va
♦28%
14%
44
*13
3,700
preferred
5%
Conv
■
14%
112%
'
•112
19%
38%
20%
30
39%
96
1%
20%
♦42 Va
29%
6%
6%
*1%
.■<
47
29
96
6%
13
20%
20%
47
1%
30
21
14%
112%
19%
37%
:■
18%
13% I
*42%
♦38%
•18
'
*34%
*28%
112%
112%
19%
37%
*6
14%
14
14%
37%
'
6
21
*18
19%
♦19
*37
14%
1
92
Apr
Oct
i
3%
Apr
66
July
73
July 12
47%
Apr
83
1
ft
Dec
1 Va Mar
Jan
Jan
Jan
Jan
%
Oct
Volume
158
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4209
957
NEW YORK STOCK RECORD
Saturday
Monday
Tuesday
Aug. 28
Aug. 30
12 Va
12 Va
11%
11%.
46%
46%
*75
*74'/a
./
8%
11%
25%
35%
;
<••*2%
35%
,23
35%
23%
15%
•
*23
"*15%
22%
1,800
Evans
1,400
Ex-Cell-0
*2%
36%
*35%
36%
,
22%
23%
23%
23%
16%
16
16
23%
*23%
15%
*15%
16
Xl5%
5%
23
23%
95%
95%
Fairbanks Morse
300
..
& Co
102%
150
■23%" 23%
100
$6 preferred
Federal Min & Smelt Co_.
15%
500
Federal-Mogul Corp—
.5
5Va
900
Federal Motor Truck
95
*23
1.
23%
v"
,.
Federated
500
j '
*95
95%
"','• 70
♦16%
; ■
•
16%
1,500
Dept
Traction
4
3%
Jan
10
Or.
32 %
Jun
44
Jan
70
Dec
70
Dec
9% Jun
19
8
14% Jun
4
13
5
3% July
11
4%
Sep
Apr
7%
Dec
May
20
1
28%
Oct
Jan
1% Nov
42
Mar 26
27%
Apr
37% Jan
28
May 27
19
Jun
29%
2
19% July 13
105% July 27
6
Jun
Jan
7
20% Jan
13
13
;
29%
15
6 % Apr
4
Jan
Jan
Sep
93
19%
Dec
24%
Jan
8
Apr
13%
Dec
3
5
Jun
6
<Jan
2
25% July 14
78 % Jan
8
96
1
$2.50
12% Jan
27
par,
8%
69%
16% Mar 18
Feb 18
3% Jan
Apt
__100
No
Jan
Oct
6
86
5
Stores——
1%
4 %
29 V4 Mar 30
10 Va
6"% Jan
No par
t4%% conv preferred^
.
Jun
33% Feb ' 4
—No par
—s_2
,
$ per shars
4%
4
21% Jan
-
15
Light &
Highest
♦ per share
52% May 19
77
Mar 28
2
Jan
%Jan
20
Federal
16% May
16% May
9
5% Jan
No par
Fajardo Sug Co of Pr Rico
Jan
24
$2.50
200
■
23%
95
5
_3
Corp
9
,3% Jan
—5
3,600
5%.
*23%
Cleaner
Co
Corp
15%
15%
5%
22%
Vacuum
Products
23%
23%*
94%
18
8
Lowest
$ per share
12
68 Va Jan
*15
*23%
22%
39% Jan
50
•102%
23%
94%
No par
100
.
Co
Exchange Buffet
*35%,. 36%
102%
5%
Eureka
RR
f per share
8% Jar.
15%
101%
5%
1,600
3
",*23.
*15%
101%
95%
95%
95%
8%
*35%
101%
V
Pitts
24%
•
5%
;
.
&
Year 1942
Highest
No par
5% pref series A
Erie
.12 %
3
*23
22%
95%
■r.
*22% V23
*2%
.
103
5'%
5
•,
>
16
15%
5%
15%
5
3
15%
23%'
<
*2%
900
78
Lowest
(
Par
lErle RR common
v
Ctfs of benef int
8%
3.
/
47%
Range Since January 1
/
„
■'
24%
'12% :.•!■
25% 'V
Range for Previous
STOCK
EXCHANGE
',.12%
12%
24%
*101%
103
23%
8%
12%
25%
■
*23
x8%
12%
25%
*15
16
*101%
102
8%
8%
-■
25%
35%
,
23%
*15%
16%
102
35%
22%
f
,
3
*35
i
23
*15%
,
12%
25%
•
11%
-3,500
8,900
*75
12
25%
"
12
11%
78
NEW YORK
Shares
47%
12
47%
*75
share
per
12
23
12%
251/a
'3
8%
8%
I
12%
11%
77
,
the Week
47%
48
*74%
Sales for
Sept. 3
share
per
12%
12
*47%
78
Friday
*2%
'12 %
25%
'
12
12
47
8%
:12 %
*2%
12%
11%
78
8%
12%
12%
I
share
46%
11%
46%
'
S per
,
.,
Sept. 2
*74%
11%
*46%
Thursday
Sept. 1
share
12%
12%
11%
*;78
\':*7%
$ per
$ per share
/
STOCKS
-
Wednesday
Aug. 31
$ per share
PRICES
HIGH SALE
AND
LOW
4% Feb
11% Apr
74% Nov
July 15
Jan
18%
Jan
87
Jan
14%
Dec
■'
>15% 1
-
16%
16%
16
15%
157%
16%
•
16%
.16%
16%-
Ferro
Enamel
Corp
1
-
■il '49%
7
,50
39%
*37%
*107
"
19%
38
•"
38%
■
.7,449%
r
108%.
106%
19%
106%
*105
109
40
38
19%
19%
*105
7
100
,(
39
i
-
series
,t$4.50
'
Jan
25% Jan
14
100
104% Jan
42
6
•
No
31% Jan
par
2
50% Jun
8
_10
A
First, National Stores--^.
60
'
Ins N ,Y
6 %- preferred
Flintkote Co
2,900
108
Phen Fire
Firestone Tire & Rubber^
v
400
r
19%
19%
i
Fidel
1,800
;
5,200
109
*37%
4.-„
105% 107
)<•
"..-40
*108%
<r
38
20
106%
49%>/ 497/a
-
40% i
*108%
39
19%
7
49%
40 % '
109
*37%
19%
106%
49%
49%
40%
39%
*108%
,
38%
19%
106%
19
.
107
49%
40%
39%
108%
37%
37%
*19%
*106%
39%.
108 7/a
39%
109
49%
49%
49%
•>•
39%
*107
19% Jun
28
43
Apr
29% Apr
13%
July 15
112% July 12
5
39% Jun
29%
16
par
15% Jan
7
par/
97% Jan
11
109
25% Jan
7
19% Jan.
8
43%
Jan
26%
87%, Apr
22 Va Jun
„_No
j-±No
(The)___>
preferred
7%
105
Apr
Dec
Dec
Nov
39%
Feb
16%
Dec
96%
Jan
2
9%
July 29
86
May
36
Jun
10
15
Mar
27 Va
Deo
28
Jun
11
18
'9% July 15
3
Apr
May
Jan
"
*32%
32%
32%
*32%
32%
4
♦25
i
,.*7%
26%
i 8
V>'
•
,
'11%
148 %
*11%
"'•*47%
.
,V*48 '
48%
-
*7%
; -f
,
/r,
16
45
,
:
26-
,
*45%
»■
.
32%
26%
"
*7%
7%
•
*31.
/
\
■
*45%
46%
11%
16%
11%
47% ■"a;
;
17
*25%
■, ••
133%
19% ■:<)
4*19%
7
10%
*60
i:
/
10%
19%*
'*19%
10%
■
'"•75
*60
133
133
133
108
108
io%
17
7%
75"
35%
28
108
*107
75
28%
>
♦107
r
7
.
•
;
v
..."
133%
,
133
«
a
^'11%
"j-75'.-".
28%
.;
28%
*27%
108
:•
250
.
U%
V:V.,
1,300
1,000
•
No
Par
-No par
400
108 /
1Q
Corp_*
preferred/-_T.T—
6 %
_*
7
May
5
4
127
11
140
Jun
5
21
May
: 5% Jan
8
12% Jun
11
5
Jun
Feb
16
7 Jun
22
38
Oct
38% July 10
27
16% Jan
.No par
pfd—100
50
17
Jan
2
36% Jan
12
2Va Jan
1
100
i—;
64
33% Aug 24
10
preferred
Mar
•
11
12
10
15%
Aug 23
110
85%
Dec
712%
136
May
14% Sep
1
Jan
42
Apr
114
Jan
Nov
18 Va
Nov
10%
Feb
45
May
38% Jan
,
Apr
Apr
Apr
31% Jun
,
27% Mar
9%
Feb
5%
36% Mar
11% Jan
Sep
par
Co—
Trailer
8%
13% July
51
719% May
3;
Co
conv
4
•
V
24%
-
' Aug
28
July 15
-7»
:.25
Fruehauf
Jan
50 :
39% Feb
prior
5%
,9%
;
•10% Jan
No
preferred
Francisco Sugar Col.
50
,
5
.10
—
Freeport Sulphur
2
3%
1
—_10
Machinery Corp.i
$7 conv preferred.^.
>
Jan
30% Jan
,.
100
—__1
Food Fair Stores
F'k'n Simon & Co Inc 7%
28%
y
*107
Steel
conv
-Foster-Wheeler
100
,75
:
•' t5 7«
Food
800
2,700
20 %
*34%
Follansbee
V,
100
[>■
•
35%
*80 i
n
35.%,.
*27%
*107
108
130
.
133
7'.'.' 20%
*10% 711%
35%.
8
45 %
■
vl6% .,16%
....
20
20
*60
...
35%
35%
108.
$
11
*60
-
W/,,
19%
11
'
35%
28%
.; ,28%
r 108%
Co
Florsheim Shoe class A»
500
*ll%.':;il%
*47 .4
48%
•>
48%:
17
*133
134
19%
10%
:
*60
*133
19%
'
75
35%
28
.•-.*27% ,28%
:
10%
i
35%
*34%
133
•
19%
•
Florence Stove
100
26%
1
44 %
; i
11% 7'11%
*47%
V,
■
'•
-46%
;
■
'
*133
-200
33%
,
-
.
1
'
47%
16%
11% V
48
16
»
7% /
7%
45
•
48
1
15%
32%
26
*25%
33%
•26
•
8-
*11%
11%
15%
,*32%
'
32%:
•
•~*25
*7%
8
45
46
16
26
:*25%
•
'4*44'%;
V*ll%
*44
:
?
18
Jan
97
Nov
G
*2%
*2%
*24;
"
12%
*12
25
123%
,.*24
V
4%
4%
7 *12% 713
'•
25
'•
~"1
7
2%
23/4
12%
25
43/4
*50%
12%
52
52
*9
107%
42%
42
8
8
8
*150
<: 152
♦150
7
5
•7 7
5
■
*12%
*26%
'7 117
.
142
►
7
'
40
117
1%-
83
7-
27
140
40%
♦116'.:
117
1%
;'r7:: 5Va
13%
83%
!:
■
■
40%.
40%
*97
♦132%
*97%
102
105%
133
132%
*132%
133
51%
513/a
52
102
105%
132%
.
?
7
51%
51%
*128%
129%
1283/4
32%
32%
*32'%
333/4
*4%
4%
43%
4%
"
.
;
19%
5
6%
6%
6%
63/4
110%
♦109%
110%
*109%
*1%
1%
*1 %
1%
1%
'
193/4
Vv
'7
,
*110
111
20
ill
19%
20%
...,
Ill
*110
128 3/4
513/4
No
,
$6 preferred
Amer
85
•
..
General
$8
Baking—!—
No
—
Bronze
860
7
500
27
30
37Va
16,800
403/4
6,575
129%
*20%
7!:; *32%
5%
*5%
*20
203/4
1%
1%
20
129 %
*32%
20
*110 7
Class
A
1%
*51
*51
19%
;
52%
*51
* 19 Va
54
*18%
19%
19
143/4
81%
•
21
*107
110
721
7% 7
12%
*12 Va
67
12%
*78
79%
*78%
79%
*18%
19%
*18%
19%
*45
47%
*45
47%
*1
1%
1
1 7,
12
"
19%
200
*7:, t7%
General Cigar
19%
Foods
General
223/4;
14%
7':
143/4
81
,
-7
r
111
7
-
t$6 conv preferred series A-No par
No par
5 %
TOO
10
preferred-
General Motors
$5
Corp
Precision
6%
200
19%
*19%
19%
1,000
143/4
14%
14%
79%
15
1,300
80%
80
350
193/B
*45
23%
1,000
90
22
22
22
213/4
213/4
1,000
General
7 V 7%
73/8
3,000
Gillette
673/4
67 3/8
12%
12%
12%
80%
80%
19%
19 Va
19%
47%
♦45
47%
600
'
67.3/a
*66%
19
*67 %
12%-
200
69
12 Va
12%
7 81
81.
80%
19%
19
19
47%
*45
3,400
80 Va
7
19 Va
*45
-
-
300
71,000
:-77,2%
2%
97
-
96
40%
40 5%
7101'
101
37%
105
96
41%
41
*100%
27/a V 3 ;/■'
'
*94%
6
♦90 Va
5
*15
*10%
*32
*25%
16%
27%
♦24%
*146
7
*943/4
963/4
*943/4
96 3/4S/,
413/4
413/a
413/4
x41
413/4
101
101
38 Va
•
■
2%
C
2%
101 Va 101 Va
39
38 3/4
39
3
3
100%
101%
38%
1%
105%
1043/4
105 %
*104%
6%
6%
6%
63/4
6 3/4
90 Va
90 Va
1%
1%
92
*90 Va
l3/a
1%
,
5 Va
*5
15
10 3/8
-32%
32%
32%
♦25%
27%
24%
147
7
5Va
15
*10
5'/a
*15
5Va
15%
*90
92
1%
10V?
10
323/4
32%
32%
32%
32%.
253/4
253/4
*25%
27.,
*25%
17
17 Va
273/a
24%
243/8
147
♦47
48%
173/4
173/4
*12%
4%,
15%
17
27 Va
1%
4%'.
15,
10%
48
13
.1%
10%
613%
17%,
92
26 %
17
147
1%
15%
*43/4
♦15
10%
17
*90 Va
13
27 Va
27%
17
17%
41%
27%
273/a
27%
41%
3,800
101
800
7
39 Va
7,400
104%
1,000
63/4
*90
"
92
13/a
10
17
26%
,,3,600
100
:
3,300
27 Va
•4,700
24%
24%
24%
24%
24%
24%
*24%
243/4
1,400
147%
147%
'147%
148 Va
*147%
148%
*147%
148%
140
♦58
613/4
*58
613/4
47%
48
♦46%
47%,
V 173%
18
*12%
13
18
.
*12%
*58
613/4
4 6 3/4
46 3/4
18 Va
17%
18%
127/a
*12%
12%
613/4
*58
47%
47%
18
18
700
5,700
12%
*12%
'
13%
♦3%
*130%
7%
*34%
48%
13%
13%
13%
4
4
126
129
4%
132
7%
7%
7%
13%
4
133/4
4 Va
128%
128%
7%
7%
13%
4Va
130
7%
13%
133/a
13%!
13%
13%
2.300
4%
1,400
4 Va
4%
131%
130 3/4
1303/4
*129%
73/4
7%
73/4
7%
-7%
4,100
353/4
36%
700
:
4 V8
4
35
35
35
353/4
353/4
,36%.
36V4
36 V*
36%
48%
48 Va
48%
48%
48%
48%
48%
48%
48%
48%
28%
*27%
28%
*27%
28%
28 3/8
37
*37
38%
*37
38%
*37
163/4
17
17
*16
.
131
487/a
140
8,300
131% May 6
36
July 23
6Va July 23
122
44% Dec
128
July
Preferred
2
2 '/a May
10
12 3/8 Jan
preferred
Granite City
100
-—
1
—5
31% Jan
15% Jan
Co„
(W T)
Iron Ore Prop
preferred
No par
Western Sugar
9% Jan
2
Jan
2
60
16% Jan
108
Gulf Mobile & Ohio RR_
nrpfprred
Oct
Mar
31%
Nov
Apr
19%
Jan
14%
15
9
24% Jun
8
July
253/8 Jun
% May
55 %
11
Nov
Jun
10
Feb
79%
Jan
20
Jun
13% Mar
10
23% May 29
112
Jan
8
101%
May
Sep
103/4
110
28
7%
Jan
15%
Dec
3
Jan
5 Va
Nov
9% May 10
x40% Mar
Dec
Feb
4
74
May 20
2
13
July 15
4
Apr
5%
Jan
Jan
4
82% May 10
50
May
65 Va
Jan
143/4 Jan
2
223/a July 16
12%
Sep
10
Jan
5
48
22
373/4
Jan
44
A Jan
2
6
6
%
Jun
41
1% Jan
8
Jun
1% May
33/8 May
61
4
1% July
Nov
Oct
Feb
Jan
Jan
Jan
2
97% Aug 25
73
Nov
82
Feb
24% Jan
12
423/4 July 14
13
Jan
27
Dec
83
14
56
Jan
83%
Dec
76
Jan
101% Sep
2
8
41% July 17
10%
Jan
27
Dec
90% Jan
9
108% July 14
60 ya
Jan
90 %
Dec
4 Va Jan
11
?9
1%
Jan
Jan
11
25 Va Jan
80
9 % Apr
July 22
91
x58
4% Nov
Jan
813/4
Deo
■fs Sep
2% May 10
1%
Nov
\l Jan
2
4% Jan
8
6
7
4
Sep
Jan
5
17
July 13
6
Mar
83/4
Dec
73/a Jan
9
133/8 May 29
6
Apr
9%
Nov
29% Feb
3
36% July
8
22 %
May
32
Nov
24% Jan
27
26
2
23
July
25
Feb
6
18
15
Jan
21% Jan
7
23% Jan .<2
Jan
2
Aug 10
31% Jan 19
14 Va Jan
4
11
4
Jan
10 % Jan
2
3/4 Apr
July
273/a Jun
11
5%
Jan
13%
1
Dec
183/4
Oct
193/4
Apr
1
32% May 10
Jun
25%
Feb
28%
22% Apr
Jan
8
130
Apr
27
50
July
63%
49% July 27
25
Apr
33%
21
10%
Apr
14%
Dec
Mar
11%
Aug
14%
Jan
3%
Jan
153% May
65
Jan
May 27
13% July 16
17% May
4
10
143
9Va May
1% May
Jan
Nov
Jan
Jun
11
160% Jun
12
48%
Jan
5
2 Vs
Jun
4%
Oct
Jun
333/.
Oct
5
2% Jan
2
81 Va Jan
19
3% Jan
12
25% Jan
2
41% May 12
453/4 Aug
2
50% July 26
23
223/4 Feb
11
25
10
12% Jan.
25
%
Jan
100
1
Corp
14%
4
9
Jan
107 Va
233/8 Mar
July
Nov
53/4
109 % May
Va Jan
Apr
23
July
14'/i
Sep
Apr
% Mar
101
4
583/4 July 22
91
Jan
Jan
5
58
No par
No vn~
10%
•
Oct
3Va
99% Aug
A Jan
25% May 20
1% Jun
30
Jan
Feb
59
138
Greyhound Corp (The)——No par
5% % conv preferred
10
Grumman Aircraft Corp
1
Guantanamo Sugar
No par
8% preferred—
100
Oil
4
3%
8
112% July 15
87
603/4 Jan
•
100
Green Bay & West RR——
Green (H L) Co Inc__
Gulf
5
8
Preferred
*5
28
No par
10
20
No par
No par
Steel
Great Northern
Great
4
No par
div ctfs
preferred'
Nor
2
9
% Jan
Motors—_——
Graham-Paige
5%
Mar
X104
8% Jun
102'
Apr
103/4 Mar
1
3°a Jan
No par
—
24% Jun
Mar
Apr
133/a Aug
1% May
8
(Adolf)
Grant
2
109% July
—50
1
Goebel Brewing Co——
1
Gold & Stock Telegraph Co—:—100
Goodrich Co (B F)
No par
5% preferred—
No par
Goodyear Tire & Rubb—_—No par
$5 conv preferred.
—No par
Gotham Hosiery—
No par
Gr
56
2
Grand Union w
27
Jan
7
43/4 Jan
Granby Consol M S & P
34
17
30
44 Va Jan
Razor.—„—No par
preferred——,—No par
-mo
32%
131%
137
14
500
*25%
Apr
12
143/4 Jan
5,100
1,300
122
Jan
5
15
10%
July 23'
July 13
'®? 129
4
conv
Jan
61
2
—No par
VaJuly
1%
64%
5
————No par
Jan
116
Mar 15
No par
(The)
Apr
% May
Oct
40%
Aug 28
4
Co
Nov
110
4% Jan
Co—
..
111%
*
Nov
30 3/4
106
—.1:
preferred—No par
Rubber
21%
132
July 28
93
13% Jan
No par
100
1
No par
,1%
u
10%"
•
1,700
J'..-; ■
6
Jan
$6 preferred
Gobel
8
23/4 Apr
25
Gimbel Brothers
Glidden
118 Va Mar
9.
Oct
Jan
90%. Feb
Apr
22
Deo
3%
9%
7 83% Jan 14
Safety
conv
x233/4
July 15
10c
* 5 Va
7*43/4
.,15.;
27
27%
30
*6%
39
32%
17%
700
104%
•
.7 10%
17
1,600
963/4
101
-
105 J/4
6
10%
26%
*94%
"
39% '7
105
*58
17%
2%
963/4
6
*47%
'
27/a
105
5
15%
11
if -7
*2%- >7 3
41%
6
61%
'*12%
1
*943%
,
*58
.
1
105
92
1 % ,'
38%
37%
37%
105
5%
101
1
1
$5
44 Va
Dec
4%
Apr
Apr
1% Aug
15 % Jan
&
21%
103 % Jan
Service
Tire
120
113% Jan
Time
6%
4%%
47%
•
„
Gen
4
May 17
397/a July
1
•
—1
Telephone Corp—.——20
Instru Corp
No par
preferred————- 10O
111%
32% May
13
"
General
*173/4
2
145
Jan
34
General Shoe Corp__
*109%
12%
Apr
5
No par
—
Gen Steel Cast $6
19
81
16%
20% Jan
7
General Refractories..
22
67
12%
*79
Nov
2
Realty & Utilities
$6 pref opt div series
110
7%
66%
2% Jan
Gen
*18
73/4
98 % May 19
.
17 Va Jan
Railway Signal
preferred
110
7% V. 73/4
5
713/4 Jan
126% Feb
Equip Corp—
preferred
140
Sep
Sep
No par
-No par
—
Common-
110
.77
6 3/4
"
Feb
5% Nov
2% July
8% May 19
18% May 20
Jan
463/4
Apr
'
4
No par
preferred
Outdoor Adv A
Gen
110
7%
Aug 23
9% Jun
5
2
2
General Mills—
Gen
10
50%
23%
106
151
12
2
No par
7% Nov
104
Jan
2% Jan
7"% Jan
303/4 Jan
Electric A
Gen Public
50%
23
1.
3%
'
par
200
1,200
23
18%
Mar
Apr
Sep
3
Oct
,
Mar
9% Jun
4
130% Jan
t$4.50 preferred— .——No
Gen Gas &
900
0
80
7
33/a
98
35
2/
Jan
33/4
I0V4 Feb
753
Dec
Feb
43/8 Jan
»•
,
par
$6
1%
53
.
—-No par
Corp———No
Gen
*1%
19%
23%
18%
1%
*50
81
23
173/4
par
General Printing Ink
19%
*110
51
Sep
Jan
Jan
21'-
Apr
Aug 31
51
2%
11
2% July
8 Va
Jun
107
4
134
—-
Co—
1,400
l3/a
'
29
—No par
-100
Inc
preferred
7 %
General Electric
4,900
*1%
4
Jan
Jan
53/4 Jan
preferred-—L_.—-100
cum
205/a
110%
197/a
1%
19%
21%
7%
67
*66%
67%
♦66%
193%
110
21
7Va:
7%
7%
223/4
203%
1%
51
143%
*107
110
203%
Va
rl73%
18%
*17%
18%
*17
1%
51
81%
23
22%
22%
*22%
*107
7
52%
143/4
81
•'
l3/a
,80%
143/4
80%
14%
14%
*81
1
1%
1%
*1%
1%
6% Jan
—5
—No
—
7:7 7 7':
20%
*109%
111
800
900
51%
ft:.';.: 7
1%--
19%
*110 7: 111
17,200
33
75%
-
7%
*1%
60
*128%
;
110%
1%
133
513/4
20%
71/a
*109%
7
900
51%
5%
110%
106
.
•♦132%
33
6%
102
..-•105
129»/4
333/4
230
7,600
1%
*99
;•>
16
1
'
140
1%
15
37
par
Corp__
Jun
r
2%
Jun
Sep
May
"
5
preferred--—
6 3/8 Jun
I43/4 Apr 26
53% Apr
2
10% July 14
11
...
102
Transportation——,__5
'
.
.51
._50
Jan
Jan
1%
8
30 Va July 13
l:%
Jan
77:9%
No par
i
1%
10
Va May 17
"
3
1
_5
Gen Amer Investors———No par
Gen
4
14% May 26
11
19 % Jan
par
Industries In.c
Gaylord Container Corp
t5%% conv preferred—
4% Jun
2
6
General Cable Corp——No par
*116Va -,117
?
517/a
*109%
20
Wood
Gar
1% Jan
9 Va Jan
General
.27
•
133
63/4
111
1
20
1,500
.36%-
'
1103/a
•
—No par
—
1,100
*137%
107
129
*5 Va
20%
-
102
*106
*132%
7
52'/a
*33
,
70
cl A
(Robert)
Inq
preferredGamewell Co (The)——
5,200
85
.
A
l%r.
*98
,
132%.
51%
5
20%
*6%
*20
323% J
'
*109%
132%
1
•
152
7Va ,7t;
407/a- ■iff si'.: 40
1%
102
107
1283/4
323%
20 Va
20
19%
128%
129
♦98
,7
8 Va
7
1,700
2,200
Co
6%
13% •713%
:•
37.1/a
116% 116Va7
.
"1%
*106
,
100
;
Galr
(The)
'
117
1%
106
*99
51 Va
106
105%
102
500
9%
,42
Gabriel Co
51/8
7
.7;
140
•
200
107
•77-76%
'
'105%
'
*149%
.
26%
137 %
37
*116
ls/a
7s
6,500
.-,.7
52
•'.'.7,'" 8-.
14%
26%
*
37 V*
40%
a
:
/
26 Va
140
13
*9
85
37
-243/4
7,5%/
83
:
200
*12%
■,
*106 7:
v":..7;:, 42/,;
as
7 ;7
6%
5%
*137%
40%
1%
'7 Va
2,000
*517'1 V
/
,
149%. 150
..
v
*24
)
»:•:
:7 8'/a
•
27/a
12 Va
27/a
100
47/8 ;> 5
42
13%
26 Va
V
37 Va
.
107
5%
81%
A
t-7
9%
;
.8 Va
152
7
7
81%
27
*9
8Va
.
;.:.7 *121/8
7
13.
52
..f
13%
5
.
41%
*106
■7
42%
8Va
*150
■.
7
140
.117
1%
it
■
736%
40%
116
■
7"
13%
80
"
27
7 142)
363%
"/
1%
152
.*63/4
,
42%
!■:*.
8
*12%
-
.
"
39%
'
8 v
5
36%
36%
si;,.') 40
6%
7*26%
142
9%
107%
5
82
27
♦140
••36%
*9
*106
*150
123%
12%
82%
9
423/4 ,/•
•
5
'; *12%
"'*51,
■
■
107
/:
7 152
;';7 4%
12%
*82
8
6%
:
•■"•''
ft!
53
%
24,3%
4%.
7
,
.
9
,,42 V2
42%
2
27/a
2%
12%
*24
/
.107
107%
*105%
*50%
.
5
13
3
2%
'■■'!/ *12 Va
243/4
4%
*12%
7
52
*50%
9%
*9
9%
*106%
.-'.42%
*24
"!■:
5
■■■,.}.■•:
12%,,,
;
'
'51%
*2%
12%
*24
13
3
2%
"
*12%
*2%
,123%
*12
,
4%
4%
3
2%
3
*2%
2%
♦12 •-
*2%
2%
2%
3
10 % May
18
—
—
-
86
—
Sep
—
H
♦27
283/s
*27
28%
♦36%
37
*36%
37
*16%
17
*16%
16 3/4
*13 Va
*106
For
14
109
footnotes
*12%
*106
see
13%
109
page
963.
*28
'
37
*16%
*12%
*106
163/4
14
109
16%
*12%
•
*107
14
109
*12%
'107
28%
200
38%
10
Hackensack
7%
Water.
preferred
class A
16%
300
Hall
14
14
14
200
Hamilton Watch Co
109
'107
109
6*
Printing
Co
preferred
—...
.
No par
100
35
9
Jun
Va Jan
28% Sep
3
Anr
13
1
38
5
18% July 23
18
104% Mar 13
25
Apr
35
Dec
8 3/4 Mar
13
Aug
4
8
Jun
July 28
95
Mar
15% Jun
110 Va
193/4 May
29
Pel
11% Nov
10«v4
7-'
'
STOCKS
HIGH SALE PRICES
LOW AND
Monday
Tuesday
Wednesday
Aug. 30
Saturday
Aug. 31
Sept. 1
Aug. 28
$ per
share
t per
108
153/4
*151/2
*140
*140
7
71/8
6%
6%
*23/8
7
2V4
21/4
2 3/a
23/a
*661/2
*
69
105
68
*66
69
*661/8
170
*167
66 i/a
143/4
15
*77
771/2
771/2
*136
117
18%
18%
*35
16
16%
*15
153%
*121/2
*12%
13
*116
118
*116
44
*421/4
14
14%
14%
52%
52%
7
34
*33%
33
8
*7%
,
60%
7%
73/a
7%
33%
33
33%
1%
7%
26%
9%
l3/4
2
26%
*1%
9 s/8
l3/4
12%
12%
12%
12
26%
*25%
12
26%
45
*44
45
9%
*1%
2
:
9%
27 %
9%
93/a
1%
1%
12 Va
12%
12
26%
26 7
263/4
26%
26%
26%
26%
26%
*26
*44
45
45
44%
*44%
44%
44%
45 Va
44%
9%
*8%
12
12
17%
39
93
*160
17%
17%
39%
393/4
*39%
393%
39%
93%
93%
93 Va
92%
39%
92%
93
93%
93
168
17%
39 Va
!
93
11%
-11%
*7%
8Va
733/4
7.4
74
74%
74%
11%
11%
113/a
11%
11%
11 Va
*7%
8%
*73/4
8%
*7%
8%
34%
343/a
34%
72%
*11
72%
113%
72%
72%
73/V
7%
.
165
*160
166
*160
168
*160
168
*160 '
*71%
17
17
*39
39%
91%
91%
*160
165
74
74
Vi
34%
34%
34%
34%
*34
*34
34%
114%
114%
113%
*113
113%
114%
114%
*113
*7%
7%
*7%
7%
*7%
7V4
7%
7%
8%
34%
*113
114%
7% •
7Va
7%
7%
172 % 173
' 68%
683,4
7%
*7%
73/a
*7%
7%
7%
7%
7%
7%
68%
*67%
68
1%
1%
1%
1%
*15%
16 Vb
16%
16 y4
*62%
63 %
62%
62%
*153/4
*62
■
16
63%
5%
53/8
30%
x29%
30
135
10%
10%
11
58 Va
58 Va
58 Va
59
135
8%
8V4
62 V*
11
11 Va
11
11%
59%
59%
59%
59 %L
59%
8%
8%
*8%
8%
62 %
63 Va
a62%
62%
44
*42a/4
44'1
*36
37
*45
46
8 3/8
8 3/8
8%'
62%
11
59
8%
62 V*
*
62% •62%
*423/4
44
45
*423/4 ■i44
*423/4'
*42%
37
*36
137
7 ; 36%-
*36
*44%
45%
*44%
36%
36.
453%
45%
45%
:
45
'.V
*112
120
*112
120
.37" V.
45
'
*112
120
134%
*132Va
10%'
;
62 %
*112
30%.
.
*112
13
13%
13%
13% '
13%
13%
133/4
13%
13%
*12%
14%
15
153/4
15%
110%
109 %
110%
110%
109 %
110 Va
*109%
*14%
14%
*30 Va
*
13%
*13%
15%
109%
*14%
*30
*138
15%
14%
15%
14%
14%
14%
31
*
•
123/i
32%
*31%
32 %
*108%
110 Vb
*108%
IIOVB
84
*130
133
79
79
132%
84
22%
84%
84%
1323/4
*132%
*58 Va
59%'
*58%
*69
69%
*11%
12
59
'
77
59
:
„
11
*77
.
'■
w—
*77
''
.
58%
*70
71
'7:
11
Vt'
:
Johns
1,300
-
Aug 16
(
79
15
Dec
25'/a July 13
11
/
Mar
17
Nov
14%
Jan
293/4
Nov
Jan
7%
Dec
8
"12% Dec
18 3/a
Jan
Dec
2
6
17% July 12"
6
Jan
12% Mar
21% May 10
17
Apr
115
Jun
22
115% Jun
Jan
5
41V4 Apr
110
9
31
8
12
36% Jan
17
*
Jan
44
Aug 31
63% Apr
3% Jan
39%
Oct
8%
Jan
11%
Nov
Apr
44'/a
Dec
96
4
38% Feb
,
106
May
18
413/< Apr
~4%
293/4 May
5
343/4
3/a
7
2% Jun
18
8
10% Jun
17
7
293/a Mar 30
16%
Apr
2
11% July 12
3%
Jan
2
23/4 May 10
H Jan
Jan
31Va May
'
8
37
Jan
48
4
Jan
13/
May
5%
163/b
Feb
28
Apr
35
Dec
74
May
100
Jan
153
July
163%
Dec
6
Jan
27
213/4 Jan
28
Jan
21
106
8% July
38% July
9
Mar 29
5%
6
July 14
20
56% Jan
20
174
61
Dec
147
May
166
July
5,500
'
Jones &
5%
103/4
300
<
Joy
5
24 Va
Apr
July 14
1263/4
Dec
13% Jun
5
11
36
Dec
30%
Oct
Dec
136:7
153/4
Jan
60%
Jan
1%
Oct
3%
Nov
303/4
Oct
463/4
Jan
44
July 16
Jan
7
n
lP/s jun
28
Dec
Nov
71% July 12
43% Mar
62% July 14
3% Jan
39
Jan'
:.
4%
Jan
73/4
138
Apr
•'.757
Apr
Jan
-48% Feb
Mar
26
May
26
May
39%
94
..
48% May 19
May
104 Va
Oct
7%
Nov
7 Va
Nov
"
July 14
115
102% Jan
-
39
5
Apr
388/4 July 26
4
32
Feb
Oct
6% Jan
16% May 10
1%
Jan
6 3/4 Jan
16% May 10
2
Jan
6%
Jun
10'/a Nov
88 %
Apr
95
163/a Jun
9'/4 Jan
/
118
10 % Jan
32% Apr
27% Jan
9% Jan
16% July
12
Feb
19
26
-t 73/4 Apr
24 3%
3
70
Jan
21
126
Jan
27
136
Aug 16
Dec
Jan
Nov
138
10%
Nov
33%
Jan
Jan
107%
50 Va May
July 21
79
Jan
11
32%
May
73%
85
2
par
•7:
18% May
109% Aug 19
893/8 Jun
Apr
5%
8
July 14
34
v
96% Mar 30
Apr
127
145% Jun 10
Jan
135
29
111% Aug 26
Jun
2
90 3/4 Jan
100
-100
Jan
Dec
Aug 28
78
Chic stamped—
—No
Laughlin Steel
122
Jan
Nov
129
19% Jan
7
26% Apr
6
17% May
24% Jan
par
54% Jan
7
65
Apr
5
533% Dec
64
Jan
100
pref series A
pref series B conv..
5%
'
70
10%
500
1,000
70
&
Joliet
10
7".
6% May 11
453/4 Jan
par
par
par
—No
—
Apr
1%
36% Apr
8Vi'Jan
50
100
38
2
3/4
12%
3% May
Mar 25
July
,;V/'
% July
4% May 10
67
3% Jan
Jan
Apr
19
28 % Jan
Jan
151%
July 27
177
% Jan
37% Jan
Jan
8
40
113/4 Jan
par
par
Feb
103/s
Apr
109% Mar
55% Jan
130
Jan
28
743/4 Jun
9
.
Feb
23 Va
111%
V
53/a May
2
144% Jan
Jan
6%
Oct
Mar 29
93/4 Apr
6 .•! Jan
Jan
18%
100 3/4 Aug
115
6% Aug./ 3
162
6
"
Feb
12 3/a
Apr
"
83/4 May
5% Apr
1
74%
•
54
8
15% Apr
Jan
,
6%
Oct
Sep
443/4 Jun
5
Jan
10
10 %
Oct
Mar
4%
Jan
lOOVa Apr
7
168
July 23
783/4 July 24
6
158% Apr 17
62/
42
21
19
Jan
9% Nov
23%
May
2 Va
6
1
5% Nov i
1% Apr.:/
V
Jan
13
19% July 22
11% Jan
88
23%
32 %' Jan
May 10
32% Feb
5Va Aug
Dec..
Jan
A Jan
6
5
163/4 May
18% Jan
2
Oct
Feb %
1% Aug
Jan
% Jan
4% Jan
22% Jan
4% Jan
Sep
Apr
2%
9V4 July 13
2
30% Jan
Jan
30%
July 12
114
Mar 10
Oct
27
57% July 30
2
v
105
/ 59 %
Feb
115
21%
July 2
July 22
45
5
93% J an
I
—
Dec
102%. Jan
•v
403/4 July
No par
preferred
Manville_
Oct
48%
Mar
18
———100
Preferred
100
.
7*57%
*58
71
11
.
58%
59%
11%
"
•
134
Feb
30% Mar
21
-
4%%
'
1.32%
22%
70%
*10%
■7
$6 preferred—
Jarvis (W B) Co
Jewel Tea Co Inc—.—
1,600
84%
22%
22%
x22%
23
59 %
11
*
110%
132%
132%
69%
69%
11%
*11
'
22%
Island Creek Coal
141
84%
59%
r
69%
69%
7- *77
84
22%
22%
'
1323/4
133
*76
,
84%
110 Va
84%
6
7
No par
—1
—
1
Intertype Corp
100
300
7 77\
30%
V
*108%
,*108%
.
—
,
15
110%
84%
22%
22%
.
14%
110%
*131%
133
*76
*22
V
32
*108%
5
12% Aug 31
———No par
-No par
100
Co.--No par
t c_
-25
5
International Salt——.——No
37%
* * 800 • International Shoe——4»
No
45% •
800
International Silver——
120
■•■■■ ■ ■ V.v■..
7% preferred—
13%
24,400
Intern'l Telep & Teleg
-No
13%
- 900
',■■■>' Foreign share ctfs
-No
15%
700 • Interstate Dept Stores
No
109% //I'VV;. 50
Preferred
s
44
*31%
;
118
Jan
•
*13%
14
125
July 14
71
Dec
283/4 Jan
.
16%
32%
14
7
*108%
83 %
*83
*83
141
83%
v
30%
.
136% Aug 26
4
„
...
*31%
13%
32
•
15
*138
*31%
'7
30%
141
13%
13 Va
*31 %
32 y4
*32
30%
*138
141
123/4
*12%
15
*30
30%
•>"
*30
*138
133/4
*13%
*14%
*14%
15
15
141
*138
*109%
110%
*109%
30 Va
30
12%
12%
,
14%
*14%
141
*138
13
12%
13
12%
45
V
'
13%
13%
13%
*36V4
V
•'
120
*112
120
133/8
*42%
Apr
Nov
75 %
Apr
51
9
Feb
14%
10%
Jun
Oct
158
Apr
16% Jan
2,300
Int Hydro-Elec Sys class A
25
500 ! Internet Min & Chem„;
——5
63Va
200
, 4% preferred-!100
' 53/a
• 4,500., • Internat'l Mining Corp
—1
30%
12,300
Int Nickel of Canada
—No par
*132%'134% 7.7
290
^Preferred „i——„——100
11%
11%
9,100 * International Paper Co——'
15
59% ' 60
; v
2,800 5% conv preferred
100
*8%
8%
800
Inter Rys of Cent Am
No par
*62%
64
v
'
190 •
5% preferred—_
100
53/a
30%
134
133 %
135
134 Va
*134%
10%
*134
63%
5V4
30%
30 3/a
30%
30
*62%
5%
5%
May
14% Jan
1%
16%
'
*62%
^
5Vt
30%
16%
*15%
Dec
58%
2
87
Jan
45
3
17% July
5
100
94 %
141%
8
„
175
175
1% 77.7. 1% :<
63%
*62
5%
53/a
5%
5%
30%
1743/4
1%
16
16
69
174%
l7/a
13/4
1%
68%
175
175
175%
1%"
172 %
172
-
68%
68%
68%
•
175%
175
175
175
175
68
172
*171
172
*170
67%
73/4
-73/4
75/a
172
172
172
*170
,
114%
*113
113/b
11%
*73/4
*34 Va
.
9
Mar
Jan
49
3,200
Illinois Central RR Co
100
*1,000
6% preferred series A
100
320 •
Leased lines 4%
————100
160 77* RR See Ctfs series A
: 1000
*
2,200
Indianapolis P & L Co—..—No par
1,300
Industrial Rayon
—No par
700 ; Ingersoll-Rand—.
No par
.» 77 *
.
. 6%
preferred
*.
100
7 1,100 ' Inland Steel Co——
No par
:
* 1,400 ■ Inspiration Cons Copper
20
'
200
Insuranshares Ctfs Inc
—.1
.'
1 ,
400 1 Interchemical Corp^
No par
3
30
6%, preferred—
-—100
*
200
Intercont'l Rubber
No par
'•
2,900
Interlake Iron—
No par
700 J Int Business Machines—
No par
3,700
Internat'l Harvester———No par
230
tPreferred
100
•
93%
*9%
17%
17%
17%
17%
17%
*39%
17%
39
.7
9%
*9%
9%
9'
9%
*9
9%
*9
13,700
5,300
%% / V ,-, 3,300
167
123/4 Jan
130
Jan
Apr
5
;
73
Nov
1%
May
110% July 23
71
Apr
2
Jan
,
8%
79%
6
20
*
Dec
May
Jun
5% May
%
563/4 Jan
Jan
43/4
»88
Jan
"0
93% Jan
Jan
146
Apr
-
Jan
16 3/a
3% Mar
80
.
lA May 28
3 3/a May
2
Hudson & i/anhattan——
100
5% preferred
100
Hud Bay Min & Sm Ltd—No par
Hudson Motor Oar—7——No par
tHupp Motor Oar Corp—
1
200
400
9%
1%
/
V,
27%
9%
12%
12%
1%
,
8
7%
27 %
9%
1%
9
9%
.1%
1%
26%
73/4
263/4
*7%
*1%
-*7%
2
7%
1%
1%
9
f
7% May 29
102 - Jun 15
1,1 % Jan
152
Apr
X126
144% May 14
5
10
Apr
12%
6
3
1,
63% Aug 30
400
Household Finance
80
,
t5% preferred—
2,000
Houston Light & Power
3,700 , Houston Oil of Texas V
1,300 7 Howe Sound Co.——
,
183/4 July
Jan
86
10
-1
10
Hollander & Sons (A)—
5
Holly Sugar Corp
—No par
7 % preferred
100
Homestake Mining
12.50
Houdaille-Hershey cl A——-No par
/-Class B—
6
135
Feb
4% Jan
Hinde & Dauch Paper Co—
Hires Co (C E) The
Holland Furnace (Del) —
—
*52
54
*110% 111
60%
60%
7%
73/8
*32% 33
111
60%
37
33%
26
26%
500
200
33
7%
7%
7%.
15
54
*52
*110%
60%
71/4
7%
14%
14%
53%
59%
60%
1%"
2%
26%
26%
26%
33 Va
*1%
2%
*1%
41%
"
7%
33%'
...
'/
39%
41%
111
*110%
'
7%
7
7
39
53%
53%
111
59%
61%
61 »/2
6IV2
61
111
111
1111/2
*1101/2
*
7 v
42
14%
14%
*521/4
110%
j
6%'cum preferred
Hershey Chocolate—
$4 conv preferred
'
16
'7.7 7—7.'
13
.'
1,000
116
116
10
39
39%
7,200
*40% 42
200
*14%
14%
; 1,800
13
118
393%
39%
*413%
44
14%
52%
14
*52
118
*116
40%
39%
*42%
44
*421/4
13
*116
12%
12 3%
■
118
*116
40%
39%
401/8
393/8
*15%
12%
12 %
118
30'
...
.
*15 5/a
*123/4
37
*143/4
•;
37
*15%
*35
13
■
*35
37
15
*21%
37
223/4
*14%
22%
*35
*21
15%
*21%
1,100
...
19%
22a/4
*18
22%
*35
*35
19%
*21
37
-
v
115%
*18
18%
18%
69
*66
223/4
*21
*
115%
i
223/8
*21
117
2,100
6
13% Jan
104
98
107% Aug 21
99 3/4 Jan
—---100
—No par
-No par
100
—No par
j—No par
Preferred——;—wHercules Motors—
Hercules Powder—
10
'
16 %
*78
78%
*135% 136
X
*66
69
*115
117
136
117.:.
117%
700
190
300
-
15%
78%
78%
*66'
69
,*115%
191/a
*183/a
191/2
*183/8
69
117
117%
*
15%
*135%
-
164,164
170
15%
136
69
*135%
136
*66
*66
67
*66
*1151/2
67
*164
78%
*77%
77%
771%
136
*136
104
x67
170
15%
*15%
15%
15%
*143/4
143/4
*76 »/a
*167
170
3,000
23/a
23/s
102% 1033/4
*66%
69
2%
103
68
200
7%
7%
7%
2%
2%
104%
2%
104
1043/4
*167
170
*167
2%
5%
*5%
*103
„
7
7
.
' — ■
143
*139
6
*103
105
105
105
105
*5%
5%
6%
■
Par
pfd——No par
Harbison-Walk Refrac
No par
6% preferred——
100
'Hat Corp of Amer class A
;— 1
6 % % preferred
1
100
Hayes Industries Inc—
1
Hayes Mfg Corp
2
tHazel-Atlas Glass Co-*—25
Helme (G W) —
25
Highest.
I per share
$ per share
$ per share
$ per share
"
1,100
i57/a
153/4
16
* 143
*139
*103
~6%
'
15%
16
143
5%
5%
51/2
*103
*103
—
,
5%
*5i,4
5%
*51/4
*103
109
15%
*139
147%
*140
147%
*107"
15%
*15%
15%
151/4
108%
*107
108 i/a
*107
1471/2
*107 %
-
Lowest
Highest
Lowest
1942
Year
1
Range Since January
Hanna (M A) Co $5
109
*107
109
*107
Range for Previous
.
EXCHANGE ^
Shares
$ per share
share
$ per
$ per share
share
$ per
share
Sept. 2
>
NEW YORK STOCK
Sales for
the Week
Friday
Sept. 3
Thursday
Monday, September 6, 1943
CHRONICLE
COMMERCIAL & FINANCIAL
THE
958
6
61
79%
Jan
11
Jan
133%
Dec
64% Jan
4
xl2% Jan
19
122% Feb
2
Mfg Co
Apr
82
8
8% Jan
—100
,
May
7% Aug
123/4 Jun 25
K
5
Feb
117
Mar
-
*17
18
*122
131
*122
6 34
23
*10%
*102
6%
12
*11
12
103
103
"102
14%
14%
*109%
110%
*20 3/a
21%
13%
13%
30%
30%
*183/4
19%
*31%
33
5%
*13%
*112
*112
5%
*54
56
*23%
23%
21%
21%
14
33
*31%
33
5%
*31%
33
5%
*313/a
*5
53/a
*54%
55
55
23
23%
23%
«
231/4
8V4
*7
8%
*7%
30%
30
30%
30%
30%
30%
*31
313/8
30%
31%
•
.
31,
313/8
31
19
20
200
21%
1,000
12,500
200
32% r
conv
A—No
No
Keystone Steel & W Co
No
Kimberly-Clark
No
600
•
22%
*7%
7%
30%
30%
30%,
31%
31
Kinney
100
30%
600
Kress
'31%
;■ 1,300
50
*3,700
22%
-
8%
(S H)
10% Apr
11% Jan
2
103% Feb
1
par
par
6
2
15% Jan
2
4
113
——
29
7
15 Va Jan
2
20% July
Jan
7
34
25
1% Jan
13
34% Jan
12
18% Jan
2
23/4 Jan
11
No par
No par
& Co-
Bak
Apr 24
Jan
28% Jan
23 Va Jan
4
24% Feb
26
9% Jan
4
4
7
7
27
4
35% Apr
July
63/a July
58 V2
24
July
NOV
Apr
11%
Feb
Dec
100%
Jan
Jan
11%
Sep
93% July
103%
Dec
7
10%
43/a
16% May 11
102
293/a
813%
24% May 11
8% Jan
Oct
May
6
1103/4 Aug 31
.Jan
Oct
7%
16
6
12% Jun 25
103% Aug
4
16
Jun
5
7% Jan
par
par
8
124
Jan
2 3%
29% Apr
_10
1
$5 prior"
Kroger Grocery &
2
13
—1
No par
(G R) Co——
preferred
Kresge (S S) Co
Kresge Dept Stores
56%*
*55
Kennecott Copper
July 20
Aug 9
Jan
83
_5
19 Va
127
5% Jan
20
preferred-100
Kelsey Hayes Wh'l conv cl A
1
Class B
1
100
: 534
V
Keith-Albee-Orpheum
19
53/4
31Va
.
31
*31%
"
preferred
500
14%
30%
5%
2234
4%
10
-No par
No par
100
;
_1
^
100
Kendall Co $6 pt pfd
32%'
56
City Southern
Kansas
preferred
Kayser (J) & Co-
__
5%
56
City P & L pf ser B
5%
14
14
■*7V4
8%
*29%,
*7
/
Kan
Kaufmann Dept Stores
*183/4
31%
2234
•
55%
30%
7
14Va
*213/a
5%
*293/4
7
21V8
*112
30%
18%
233/4
14Va
--
Furn__
Kalamazoo Stove &
200
*109%
*112
*18%
18%
23%
*21
141/s
11%
22
*1091/2
19V4
183A
54
14%
31%
1834
54
15
303/4
*183/4
*5
14%
;
12
102
31%
30%
30%
23%
500
11%
22
14'/a
2,400
*100 3/4
143/4
*1121
*112
*22%
23
7%
102
*11%
*109%
*21
\
*6%
*1003/4
11%
103
'
*14
143/4
110%
14
„
30 3/4
*141/4
110%
23
23
23
*11%
*1003/4
103
14
Hi/a
*109% 110%
*20%
21 %
14 Va
7%
7.
'
11%
*11
*102
.
23
23
23
*22%
23
7
7
6%
6%
7%
20
124
124
125%
7
300
17%
*17%
18
.
*124
127
*122
127
*122
127
*17
17%
17%
17%
17%
18 •'■/•:
*17
Apr
Jan
14%
9
Dec
Dec
May
105%
Jan
263/a
Jun
37%
Jan
ll3/4
Apr
15'/a
Dec
24 Va
Jun
29
Jan
l3/4
Jan
2%
Sep
40%
Feb
Mar
22%
Jan
100
8
15
15
26
29
30%
17
Aug 16
2 Va
3
3P/4 July 16
323/a May 6
10 3/a Apr
Jun
,
Feb
' 3% Jan
19% May
27
22%
Apr
29%
•
Jan
Jan
L
13%
*62 %
133/4
63%
133/4
*63
13 Va
13 Vs 1
63%
*12%
63%
63%
,
13%
*63
24
24%
*17%
18
*17%
38%
383/4
39
38%
25
25
25
24%
24V»
24
24%
*23%
*17
18
*17%
*38%
38%
383/4
24%
25 %
*24%
1173/4
*11414
115%
*114%
115%
*114%
*115%
*5%
5%
5 3/a
5%
53/8
5%
*1%
1%
*1%
1%
*23%
.
18
1%
,
*1%
14
64
24%
*13%
64
-24%
14%
*13%
14%
64
*63
64
24
24
24%
18
18
18
*17
39
39 Va
*38%
39%
25
*24%
25
*24%
5%
5%
5%
1,900
1%
1%
1%
1%
1,800
16%
4,600
29%
900
Lehman
195/a
300
Lehn & Fink Prod Corp
33%
300
Lerner
14%
14%
14%
15%
29
29
29
29%
15%
*28%
28%
19%
19%
193/8
Xl9%
19%
19%
19%
*19 %
34
*33%
33 %
33%
33%
33%
38 %
33%
*33 V4
33%
*33%
38%
38%
39
38%
38%
38%
39
38%
38 Va
7%
7Va
7%
For
footnotes
see
page
963.
s
7%
conv
51/2
14%
/
4%
1%
28,%
6
Portland Cement
preferred
tLehigh Valley RR
Lehigh Valley Coal——
6% conv preferred
Lehigh
5%
14%
7
600
Bryant—
Rubber & Tire—
1%
28%
6%
Lee
5Vb
141/4
7
Lane
700
115%
28%
6%
100
>
*114%
14%.,
38%
No par
.——No par
Lambert Co
115%
283/4
*33%
(The)
500
115%
.
*19
19%
7%
*29
*19
7
39
7Va
2,400
16,100
Corp
100
—100
preferred
"114 V4
15
*14%
25
5%
St Louis
:
18
38%
70
,
Laclede Gas. Lt Co
(The)
Store's. Corp—
Libbey Owens Ford G1
Libby McNeill & Libby
5
——25
—100
—50
No par
50
1
5
No par
No par
7
35
Jan
17% Jan
11% Jan
26% Jan
20
Jan
27
2% Jan
2
107% Jan
13Jan
11% Jan
24
Apr
13
Apr
41%
Sep
293/4 Jun
7
11%
Jan
18
Dec
19% Jun
18
11%
Dec
39'/a Sep
2
28
Dec
23 Va
Jan
•
29
120
July 17
July 20
15%
Apr
18% May
Aug
104
113
Jan
Jun
4
Jan
1%
Jan
2 3/a
5
8%
Jan
15% Aug
July 14
26
173/4
Apr
25
Dec
11%
Apr
14 %
Aug
Apr
263/a
Dec
Jan
333/4
Dec
20% Jun
32
22% Jun
8
12
Jan
2
36% Jun
Jan
8 3/a Mar
May
8% May 19
1
2% Jun
12
23% Jan
5
7%
21%
6
Jan
143/b Jan
31
2
6
16% May 21
723/4 May 21
7
433/a July 15
8% Jun
17
II Dec
18
20%
4
Mar
5% Jan
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4209
158
AND
LOW
Wednesday
Aug. .31
$ per share
*39
,
40
*39
40
*39
Sales
Sept. 3
Sept. 3
$ per share
$ per share
40
39%
40
STOCKS
,
the Week
200
Life Savers Corp
68
600
Liggett & Myers Tobacco-
707/2
900
Series B
205
tPreferred
68
68
68
68
68
68
68
69%
70
69%
70%
70%
70 7/2
*70
*181
182
182
*180%
181
181'%
181
*26
277/4
*26
181
277/4
*26
*26 y4
27 y2
*26%
27%J1
*26%
27%
34 y4
34%
34Vs
34%'"
34%
35 y«
35%
35%
38%
*37 y4
39
39
39%
397%
*19
20
20
20
19
17%
19
19
*18%
19%
17%
177/a
17%
177%
38%
*19%
*18
19
V 19
.
17%
17%
17%
17%
58
20
•18%.;
19
17%
39%
20
20
35%
35%
39%
39%
*19%
20Va
181
277/4
35'/4
*19
Link
200
6,900
Liquid Carbonic Corp
Lockheed Aircraft Corp
4,600
1,800
18
58%
59
47
47%
537/2
591/2
58%
48
•
48%
48
57i%
59'/4
487/2
59
48%
*8%
8%
8%
*8y4
■
,
*18%
27%
277/4
277/4
19%
187/a
19
19
*.i56y4, 157
156%
.-J,
155
156%
*20
20%
*67%
70
69%
69%"
69%
26%
25%
25%
25%
25%
69%
,
:
:
•>,
32%
Feb
341/, Jan
19
43
37 Ve
Nov
64'% July 24
37
37'% Jan
11
51%-Jan
6
31% Jun
6% Feb
A
2 7/a Mar
25
187% Jan
13
10
16% Jan
2
100
148% Jan
12
»/4-May 10
27% May 6
217/2 Jun
5
163% July 22
227/4 July 19
7%
40
•
23% Nov
Jun
—No par
—No par
par
Biscuit
(P)
Co
preferred
Louisville Gas & El A
800
Louisville & Nashville.
800
.1
Apr
22 Va
May 27
-No
Cement Corp
Long Bell Lumber A
200
v
16%
44
11% May
14% May
Lorillard
69%
28% May 27
7
21% Jun
900
20%
4
Jan
6
197/4
1557/2
22 7/a Jan
24
par
16% Aug 23
421/4 Jan
7
Loose-Wiles
69
Apr
2
157/2 Jan
300
*207/a
164%
Apr
257/2 May
9% Jan
197/4
207/4
69%
Jan
Jan
182% Aug IS
74»%
177 '
July 20
21% July 27
271/2
*154
y 20»/«
691/2
73'%
Apr
4
277/4
1551/2
155%
15-5
20%
'
-
Apr
507/2
'
174
MacAndrews
Jan
50 7/2
Lone Star
1,500
33
4
2
12 Va Jan
87/a
*
69%
69%
20%
*20%
•
Highest
$ per share
Mar
—No par
-No par
8%
>19
19
*207/4
20%
*20
•487/2
81/4 /■ 8 7/4
*271/4
277%
87%
*27
27%
157
'
,
19
*27
19 >/a
.*18%
8%
8%
8%
27%
*27
*155%
47
.
Belt Co
20
Loew's Inc
'
,47%
71
1942
per share
July 26
July 15
737/2 Jun
.-No paf
—No par
Lion Oil Refining Co
197/a
41
62% Mar 25
—No
500
"
17%
4
63 '/a Jan
100
'
191/2
Jan
Year
Lowest
$ per share
25
400
40
197/4
30
share
25
Lima Locomotive Wks
1,400
-
'
58%
47%
"■58%
58
47%
s
Lily Tulip Cup Corp
35%
*387/4
.•
$ per
Par
40
69
181
Range Since January 1
Lowest
Highest
*387/2
•
182 y2
*181
Range for Previous
STOCK
EXCHANGE
677%
40
69
*67'/a
YORK
NEW
Shares
$ per share
68 y2
67%
68 y2
for
Friday
Thursday
Sept; 1
$ per share
per share
*38%
*66'%
Tuesday
Aug. 30
Aug. 28
$
HIGH SALE PRICES
Monday
Saturday
—No par
15% Jan
59% Jan
11
8
20j/2 Jan
26
25% Mar 29
6
100
.
79
8
29
May
138
12%
Oct
16'*
•
Deo
24'% Jan
46% Dec
Jan
42'%
Jan
128
Dec
197%
Nov
Apr
117/2
7'/a
Mar
15
16%
Nov
Mar
.,
153
Dec
11%
Apr
18'A
Jan
55%
July 24
July 22
,
Dec
Sep
76i%
Jan
M
26%
♦133
32%
33%
33 y8
*28%
28 '%
28%
28%
13
13
13
17%
17%
33
33%
17%
33%
261/4
*257/2
26
Forbes
&
.10
'
32%
337/4
6%
*135.
*135
*135
*133
*133
*33
*25%
26%
*25
"
32%%?
100
2,000
Mack Trucks Inc.
■'28%
2,300
Macy (R H) Co Inc
No
133.
par
preferred
321%
327/4
>
28
Jan
2
15 ?4
6
May
Apr
122
Aug 12
37
Deo
26%
3
23 V*
131
Dec
Jan
,Jan
35%
Jan
'
28%
.
28%
*12%
13
13
■
17%
18
*17%
28%
*'295
6%
5%
11
*9%
*16
5%
•
,
3
:j 5%
177/4
5%
'.
>
17%
5%
5%
5%
14%
14%
Hi 14%
14%
14%
15%
15%
167/8
16
17%
177/a
17%
177/8
17
*5
5
5%
'
37%
>'
'
v
28
*22%
*27
1,28
23
*51/4
*170
174
>387/4
237/4
23%
174
*171
•.
-
500
' 57/2
5%
13,000
I
5%
5 7/a
:
-
'
*170
*170
1,100
7%
2% Jun
4% Jan
Aug
4
Alkali
Wks
No
May 27
7% Jun.
5
•
165
10
37
2
176
Dec
Jan
2
•
Nov
37%
Jan
117%
Gct
12%
Jan
26 '/a
Jan
6'/a
Jan
347/4
Dec
,25 Vb
Nov
197% July
162
Apr
277/2 Mar 26
Jani
Jan
Aug
29»%
Jan
19
July 17
,
16%
3% Sep
22% May
7
437/4 July 16
;32
X6»%
87% Apr
177/4 May
July 14
24
21% Jan
100
preferred
Xl7
3'/a Jan
par
15
2
Aug 23
31% May
1
22
Jan 41
_1
—
187/4 Apr
Jant 5
97/a Jan
1
—
Elec Co
Mathieson
10
174
Co
Jan
6% July 13
11
19% Apr
Masonite
Master
100
223/4
•••22%
/i 174"
•
r. 200
•.
/
28
L)
4%
% Mar
2
9
Jan
5
11
8
16 >/b
Jan
2% May
5
May
11% May
8% Jun
6 7% Jan
No par
:
21%
13%
27%
Dec
4% July 14
2
17/a Jan.27
3% Jan
2
Martin-Parry Corp
No .par
Corp-j.———-i_.No par
900
387/4
28
23%
Martin
57/a
*37%
•(
28
*23
17%
Marshall Field & Co
Apr
Nov
Mar 15
147/4 Jan
1
Marine Midland Corp.
__5.
Market St Ry 6% pr preferred—100
(Glenn
320
6
par
Exploration
3,500
■
24% Mar
-25
No
17%
9'/a
19
30% July 15
14% May 19
4
9
Mar 15
3% Jan
—-X
4,100
16
17%
Bros
Co
Maracaibo Oil
610
143/4
141/s
.15%
'
38 % >
'/ *26%
Mandel
27/8
V:/
177/a
*371/2
23
22%
14%
167/8 V;
17%
•
Sugar
Jan.
Aug
320
Manhattan Shirt
171/4
"•
16
'V
-
; 174' y
*i7i
175
*37%
28
•5% '
57/2
5%
387/4 y
*27.%
28
22%
*5%
*371/2
/
38
38
23
:
5%
5 y8
5
*
*27%
-
■
*27
v "
•
147/2
167/4
-17%
v;.
14%
15%
17%
37%
27/a
Manati
10
17
—No par
—10
Copper—
Mahoning Coal Co
4,700
187/4 Jun 14
—No par
Sq Garden
Magma
11
53/4
*.K*161/4
'• it 2.7%
171/4
x27/a
3
14% '>!;'
15%
1,100
320
11
*167/4
".
177/4
27/a
Madison
900
177%
'
*16
3
5%
'
137%
177/a
-*j*275
'
-.5%
.
5%
*9%
11
;
*12%
:;M *9%
320
5%
57%
*9%
-
.
*275
320
X28
■
"
3
5%
' 7 '
15%
*14%
175
11
16 '
*27/a
3
5%
*
17%
*16%
•
'./V
171%
6
*9%
*9% :• li,
■
17%
*2%'
137/2
171/4
5%
57/a
57/a
28 7/2
*12%
17%
*275.
320
♦280
320
*280
320
!28 7/2
13%
177/4
:
28%
*12%
Aug 23
176
Jan
'
■
54%
54%
'54 '
.
*30%
54
31
*30%
32%
*105
///
*20
15
:
15
31
31
541/2
5%
5 7/2
*30%
20%
20%
*105 /
21 /
15
■
20%
54%'
*541/8
5%
15%
543/4
32%
4,300
110.
21
21
157/4
15%
$3
No
preferred
cum
1,100
McCall
1,600
217%
'211/4
preferred
$6 1st
110
'
:
21
Corp
'
15
*113%
115
15
/
*113%
■
*ii3ya
115
115
25
*24%
25
25
25%
14%
14%
*14%
15
15
15
46%
23
*111
•
10
*111
10
114
*111
•
114
1% Z 7% v.':":,-;--.' 7%
'
85
*76
33%
i
33%
26
30
30
30
30
30
*122
109%
nio%
y
109%
109%
*110%
6% "/•"
*6y8
1231%
;
■'
*26%
*108
114
*108
*110%
115
/ *110%
6%
*6
il
84
.
6%
84
61/4.
,
-
7
7%
86%
*86
77/8
27%
86% V
21
2
t
28
■ :"
*847/2
87
116 7%
*116%
118%
*116%
1181/2
121
*120
121
*120
121
*120
121
*114%
115%
*113
115%
*113
*113
1157/2
*114
-115'/2
47
47%
47
115%
48%:,
34%
*32
34%
"
•
19%
20%
20%
217/2
14
13%
13%
14
14
16 >>■;
16
16
257/a
26
14
*13%
16
15%
15%
25%
25%
26
5
5
75
5
5
*73
*73
*73%
116
*73
i/a
21
75
*737/2
74%
*73%
74%
115
.
?:
*115
115
0%
9%
41%
*40
116
97/a
41%
*40
7
13
11
-
113
May
99'/a Aug
6
14
28»/2 July 15
Apr
May 19
6%
Jan
50% Apr
8
25% Jun 28
27»/a
Oct
16 7/a
Jani 7
9%
Jan
141/2 Jan
f
Aug
7
61/2 Jan
13
11% Jun
7
1157/4 Aug
4
94
10% Apr
6
x5% Nov
27
6
Jan
4
67% Jan
9
116
24
101
May
57/a
Jun
Apr
114
20
4%
6
1,600
Minn
88
200
$6.50
2,400
Mission
2,400
28 3/s
1,100
87%
114
Monsanto
400
10
•
„
114
481/2
~10
487/a
Chemical
1,300
*16
167/4
500
116
9%.
*41%
Corp
2,000
5
2,000
50
17% Jan
12
817/4 July 31
114% July 22
Jan
118.
20
Jan
1 7/4
Jan
4%
287/e July 23
92 »/2 Jun 30
12'/4
Feb
66
May
May
May
119
Mar 19
110
121
Apr
29
112
114 7/2
Aug 24
July 14
102%
23 7%
Apr
Apr
Oct
Oct
18
Oct
91
Jan
117'%
Feb
120
Oct
110%
Jan
34'%
Dec
287%
Dec
48 Va Mar
7
127%
Dec
29% Mar
5
67/4
Jan
11 '/8 Jan
12
18% Apr
7
1
217/a Jan
8
13
Co
——
Mar
9 7/a Apr
20'% Aug
2
Sep
Mar 29
31
U
Oct
12%
Nov
25%
Jan
7
Jun
3
No par
No par
No par
53
Jan
7
77
Jun
25
50
Jan
63
Feb
15
Jan
5
23 7/2 Jun
26
117%
jan
17
Dec
62
69%
Jan
111
Apr 13
July 3
2% Jan
1
;
t4% % preferred
;
100
Murray Corp of America—
10
Myers (F E) & Bro
—No par
200
Nov
Apr
1%
4
3
110
4,100
14%
8%
6
3% Mar
11% Apr
Jun
Murphy Co
41%
July 19'
4
Mar
17
200
41%
25
2
67
27% Jun
75
42%
13
3% Jan
Oct
Jun
37
*74
v
577/a
5
Munsingwear Inc_
9%
July 23
8
100
114%
98
Oct
Deo
7
20
9%
17
3%
Jan
Mullins Mfg Co class B
75
1147/4
111
10
Apr 21
9y8 Jan
20
'
108
4
8% Jun
v% Jan
—50
Mueller
10
jan
li3i/2 Feb
No par
5
& Co
5
'
103 7/a
*107% May
1% May
-
110
2
13% Jan
,
-10
Essex—
75
74%
Dec
19
31'/2 Jan
&
Nov
59'%
14
No par
(J)
$7 preferred
Oct
108'%
Jan
Feb
50
Brass
Dec
23'%
Apr
Apr
14
Wheel
Jan
191%
357%
6
Jan
33 7/4 Jan
Motor
77%
887/4
64% Jan
1
——No par
Motor Products Corp
/>■.
76% May
2
tMorris
7
July 10
128
IO81/4 Jan
Morrell
21
V
8
No par
No par
3,360
57/4
4
Feb
3-
No par
21
'
58
preferred series C_—
Montg Ward & Co Inc
33
25
1067/2 Jan
100
20
$4
8,100
Apr
16 7/a May
Co
series B
14 7/4
25
9% Apr
267/8 July 14
Mills
20%
'
Oct
Jan
5
4
31% Jun
No par
—
$4.50 preferred
Preferred
Oct
30'%
34'/2 Apr
7
—_——10
Corp
Carpet
Oct
29
6
preferred series A
Mohawk
Jan
Jun
18% Jan
No par
Mo-Kan-Texas RR
1%
Feb
6
Dec
13
107
3,600
.
72
32
Dec
24
Jan
109
77/8
Jan
33'%
100
27/a
Jan
77/4 May
Jun
201/s Jan
100
preferred-:
Dec
108
Dec
12 '/a Mar
Impl—
Dec
77/4
Apr
pfd series B__
Power
15%
110
21
preferred series C
Moline
Dec
32% Mar
No par
:—100
conv
414%
115
-
8
July
5% Jan
5
1st preferred
cum
Nov
Mar
-10
Minn-Honeywell Regu
400
42
Deo
9 7%
39
77
No par
Prod
14
*1147/2
43
8%
80
68
4
24%
22 »/4
34% July
127/4 July
; Jan
20 7%
Jan
26
___5
Petroleum
Midland Steel
78
2
Oct
Jan
1081/4
24% Aug 24
No par
*
15
9
25
55
July 22
Jan
Oct
4%
Feb
Feb
4% Jan
64%
26
89
60
50
Co
.
27
1
-a—
Copper—
Mid-Continent
300
121
75
74
107/a
10
41%
;
115
114%
97/a
Jan
Feb
Co
21%
*31
16%
51/4
*20
*20
Miami
3,600
:
*116% 118%
25%
25
*73
21
Machine
Trans
14%. :
141/a
75
Mesta
Min
21%
y. 16%
-y/
5i/a
/ 5'/a
.
75
*207/4
9%
41%
5%
*73
20%
'
*40
25%
25%
5
75%
■
*73y2
75
9%
*15%
&
1,800
*
*120
33
:
211%
/ .*.■.
•v
*19y8.
20%
*115
*31
33
*317/8
20
*15%
*19%
33
20
*13%
*25%
*31%
19%
20
.1
48%
48'/4
48%
Merch
7
*87
118
*120
*31
14
101
preferred
2
'i-
281/4
*116%
48 7/4
'
281%
28
87
87
307/4
253/4
6
1st
conv
100
.*
7
5%
21
121
47
May
87/2 Jan
1
1
(The)-.
600
26
1237/2 123 7%
,
7%
118%
47
10
No par
—
Mengel Co
100
257/2
21-'
*120
116%
16% July 27
1091/a Apr
Melville Shoe Corp—
800
*277/4
•,
2 7/a
77/a
28
87
88
*116%
%
7
19 7/4 Jan
t$5.50 pfd ser B w W——wNo par
70
37%
y.>; "■ 6%
t
*86
7%
/■;, 2
27%
6'/e
7/8.
2
20%
2
■?:
6%
-
21
-
20%/
2
27%
27
27
20%
•
67/s
6%
•y..
867/a
*86
2
e
88
*85
127%
100
preferred—
Dec
Mar
38 V4
t$6 preferred series A—No par
300
97/4
30
67f.1**67
114
y y *108
115
/ y *no%
67%
114
20%
7
•
.
77
*9
•••'"
123 7/8.;
1237/4
-
'67%
115 /V,
2
27
28
*108
85
2%
*2
28
*110%
'
20%
20%
25%
123
y
1;
28
67%
Corp
20
•
33%
*25
251/2
*122
■;
677/4
67%
76
*33
-
27 7/8
i"-6%
-■*
109%
*83 y4
.
*122.
*
7
cdnv
Mead
1,900
.
88
37%
67 'a ;
25%
;
.
115
*20%
85
*83 y4
>
25%
27%
67%
387/4
67/8
25%
27%
123%
6%
/
25 y8
27%
*64%
115
y
7
67/a
25
25
v
,
30
67/8
*27
t
38
37%
*25
6%
65
9 7/8
26
30%
123%
97/8
*25
*29%
65
■yy-
26
30%
♦122
'/■
9,1'- ;v- 97/8
87/a
77
33 %
*25
*29%
,
;.c
'•>'
t",;
76
■
'33»A
,
38
yy. *24%
27%
33
8
*83
33%
79
*76
33%
6%
Nov
Jun
9
_18
——
Co_
22
101
76
1
preferred
McLellan Stores
114
7%
84
84
88
26
*37
25
77
84
39
26 y4
25
*
.,
1,700
46'% Jan
3% Nov
4
Jun
.
'
*37
26%
*26%
v
*111
I 7% \i: 77%
39
39%
7
77/8 y 77/8
88
8%
*38 y2
*6%
?i-
*33
*8% y 9
9
*8%
■
;
f5 7/4 %
420
10%
13% Sep
10
.
22% Aug 18
107
100
McKesson & Robbins Inc.—
2,800
110%
10%
114
*111
114
*110
101/4
—.5
Jan
16
Jan
104
No par
Mclntyre Porcupine Mines
3,700
32J/2 Jun
Apr
IV4
11 »/3 Jan
_1
McGraw-Hill Pub Co_:
July 8
7'/4 May 29
12% Jan
100*
100
McGraw Elec Co—
400
22%
.22%
110
10y4
•
1,800
15
473/a
47%
-.
22% '
x227/8
10%
*111
8
77
78
*32%
•
114
47%
25%
*141/2
.'
1
115
25%
15
xllO
111
*10>/8
*1137/8
25%
48
;.y
23J/2
237/4
111
IO1/4
.//j 8
*84
*76
78
*32%
*111
88
.47'%
111% /
10 y8
8%
*84
85
*111
25%
*14%
15
48
O?
115
*113i/a
>
257/a
25%
23%
23 y8
112
10
■*'
115
*147/2
47%"
'467/8
23%,
.23
111
*9%
:
■;
23
Ill
46%
46%
;
16
16
'
*1137/8
25
46%
15%
31
57 7/2'
,
217/s Peb
par
No par
1
—1
McCrory ^Stores Corp—
5 % conv preferred
Stores
Jan
2 7/a Jan
—No par
—
100
32%
*31
>
*105
*105
May Department Stores
Maytag Co_
1,000
5% ', 5%
■';• •/ 54%
'
5%
; -*31
32%
110
15%
*105
*105
21
*20%
54%
?:r
57/2
54
:V;
54
•y, 5%
5%
5%
5% 1; 5%
(G C)_.
2
5% Jan
2
347/2 Jan
12
Jun
18
6% Jan
2
77% July 21
117
Aug
4
,
49
May
108% Sep
4% Jan
11% July 19
Feb
44
.
307%
27
Jun
37/4
113
6'%
39%
Jan
Dec
Nov
Feth
N
•
1%
*17/4
1%
*17/4
11%
117/8
11%
11%
11%
*31%
32%
31%
327/4
32 »/4
*15%
15%
157/8
15%
15%
1%
y
9%
9 '/a
11%
97/4
97/8
*10%
*107/2
11
'97/4
*10%
*l'/4
1%
*17/4
12 7/8
12%
127/a
32%
*321/4
32%
321/4
15'A
15%
*15%
15%
1%
12%
y
11%
;
11%
'11%
11%
11%
21
21%
'/
217/8
217/4
217/8
21%
*18'/4
*172
1757%
197/4
*172
175
191/4
•';v; 9'/a
97/8
*18'/4
:■/■ 9
25%
25%
'261/4
267/4
*187/4
175
21%
21%
19'/4
13%
13%
12%
12%
12%
19%
12%
197/B
197/4
197/a
197/4
13%
13%
137/2
13%
13%
9%
6%
*11%
24 J/4
12 ;
247/4
89
♦877/4
17%
17 '/a
100
69%
76
146%
Dec
15% Aug
7% Nov
(
9,200
13%
-
4,800
89
•
•'
91/4
•
=
31%
31%
267/fl
'
•
146%
.
97/a
17%
17%:
174%:
'
Xl8%
287/a
29
'18%
:
4,000
-
873/4
110
17%
3,400
175
18%
900
17,600
1,400
11%
12
2,700
25
241/2
247%
80O
70 7/4
70%
590
78
78
130
12
12
12%
127/a
247/4
24%
25
25
"6%
,
.
69%
70%
70%
.
77
69%
*76
76%
78
*77
70%
,.
71
77%
.
■
78
97/2
9%
9%
16
16
15%
15'/a
*157/8
*22%
237/4
*22%
231/2
*95
98%
*95
967/2
55
55
••
115
237/4
*95
5%
10
167%
'
•'*5%
5%
9%
97/a
16
167/4
237/4
23%
23%
96
96
96
55
55
*112
115
*53%
*111
55
-
5%
5%
■9%'
'
9%
.
55
'
•
."
♦15%
26
987%
55
*53
55
16'
112%
*111
30'/8
297/2
30%
29%
297/a
297/4
29%
29
29%
297/a
291/2
15%
15%
15%
16%
16,'A
177/a
16%
177/a
16%
177/4
16%
16%
157/a
15%
15%
16
167/4
16%
16'/a
16 7/a
99%
99%
15%
157/a
100%
100%
100%
100
35'/2
35%
35%
35%
357/2
*35
357/2
*35
16
15%
15%;'
157/a
167/4
16
16%
16
page
963.
110
111
600
190
100
2,100*
27,000
167/4
16 3/8
3,200
*991/2
997/8
500
36
351/4
353/a
500
16'/4
157/a
16
15.200
■
New
York
Brake
Central
72
Mar
146
14% Jan
13
—No par
No
287/a Aug 24
j
52
2% Jan
par
.100
2
Jun
May 27
137/4
Dec
Jan
4
297%
Apr
36
714 Jun
7
17% Apr
43% May
54
22
,36 \
"641/2 July 14
Jan
15%* May 28
5% Jan:
i
150
28 % Jun
147/4 Jan.
16%
2
4
Dec
Mar
Jan
Jan
Jan
17% Mar
Nov
3V8
Jan
Oct
May
9%
6'%
Jan
Jun
16%
Feb
57
Jan
807/4 jun
1
45% May
63
Feb
-62
Jan
88 "
Jun
2
51
May
70
Feb
2% Mar
4
j
77/2 May
2% Jan,
6
107/4 Apr
Jan
Jan
47%
Oct
Oct
9%
Feb
5% Mar
9'%
Dec
11
Jan
17
Dec
96 7/2 Aug
2.
26
707% May
751%
Sep
56 7/2 July
23
28
Apr
391/4
Dec
5
104
Mar
110'%
Dec
24 7/4 Sep
Jan
74% Jan
37
5
19% July 14
9j/8 Jan
16
8
*
11
106% Mar 31
114
Aug
1—— ,_10
267/8 Jan
2
371/2 Apr
8
22i%
Apr
1
TO1/? Jan
,12
17'/4 Sep
2
77/4
Apr
30'%
XIr
Jan
21% Mar 3C
157%
Dec
2a
la
Jan
6
937%
Dec
1097%
jan
23'/a May
6% Jun
327/4
Feb
12i%
Oct
.—
1
N'port News Ship & Dr Dock
Air
Apr
129
-25
industries
$5 conv preferred—
Jan
11%
28
2—No par
Newberry Co (J J)
5% preferred series A
New York
60
6"%
6
serial preferred— .100
Mining Corp
9
Aug
Apr
'* Jan
—1
Newport
89
3%
137
—-—No par
Newmont
Nov
117/4 Jun
168
_i
conv
Sep
18
May
:
Nov
26
145
Neisner Bros Inc
4%%
30
'
*34%
100
113
400 -f
9%
Apr
147% Mar
191/4 May 27
14J
National Supply
Nehi Corp
2,300
,
4
8% May
17%
1787/2 July 13
NatomasCo—i
*95
707/4 Jan
2
3 '•.*
4
Sep
2
6,200
*24 "
12
Jan
U1/2 Sep
27
13
93/4
16%
e-1
No par
Corp
Oct
34% July 12
Jan
1,000
98%
14
Jan
51%
•
Jan
160
5.7%
*29%
*997/2
Steel
Apr
4%
.100
t
Cast Co
National Power & Lt
National
12%
14 % May 26
.100
.-10
(The) Pa—
._40
$2 conv preferred
—
.100
t5%% prior preferred
aoo
t6% prior preferred—/
National. Tea Co..
No par
24'/4
167/8
24
*95
'
& Sv'l
217% July 23
177/2 Jan .15
-10
9%
:■
•71
71
*771/2
Nat Mall
6 7/a
91/4 Mar 16
X257/4 Jan
——__,—
preferred A
preferred B
National Oil Products Co__a——4
200
63/4
12
*247/2
t6%
y
14% May 10
2
67/8 Jan
—No par
July 16
13
14% Jan.
par
Stamping—;—No par
1
National Gypsum Co——i
$4.50 conv preferred
—No par
t7%
350
'
597/4
597/4
preferred--:
National Lead Co
30
147%
/18%
—No
-No
■
4
9% Jan
Nat Enam &
>
7
,
137/2 Aug 23
par
-10
—..
Nat Distillers Prod—
297/s
X597/4V
"
6%
3,800 ♦
58%
67/a
59%
6%
National Dept Stores
3,000
V
.6%
6%
59%
-
97/a
y 147 v
,.
*287/8'
6%
59%
247/4
12
12%
v
6%
597/4
',11%
•••',177/4
*173
29
6%
*23
;
146%' 146%
.
9%
/. 87%
88
877/a
597/4
6%
59;
•
97/4
i
•
200
27
xl74%
'•
*18 »/2 ,V> 187/8
28 7/8
*117/4
26%
<17%
175
146%
'
11%
31%
.88%
17%
*1747/2
146%
117/4
31%
*26%:
26%
*871/4
■
*28%
11%
31% *:
'
see
~9%
Jun
28 7/8
No
201/4
18%
9%
footnotes
Dec
Sep
10
5'/4 Jan
12'/a Aug 23
1
^
Register.™—
13%
29%
9%
For
20
217/4 Jun 24
Jan
187/8 Jan
1
Cash
7
par
Nat
.
;20%
18%
5%
157/s
Nov
Jan
17
12% July 14
137% July
-10
3,900
20%
*28%
100
5%
11
National Can Corp.
3,600
137/8
18%
*112
Dec
'v; X20 7/4
297%
5'%
115
16%
137/s
17%
5%
*112
127% Apr
3% Jan
20%
174%
5%
55
Jan
19%
17%
'/*
55
166'%
97/4
"
*5
May
277/8
'
69%
76
140
13%
187/4
11%
9
197/s
174%
176*
'146 7/4 1461/4
.6'/4
597/4
9
88
297/2
Aug
14
97/a
59
175
National Cylinder Gas Co.
Nat Dairy Products
9
*28%
Oct
162 '' Jan
7%
1,100
31%
Dec
9%
16'%
1,000
*26i/4
'V 97/4
Nov
8%
May
137/4
*11
57/4
Jan
67% May
13
12 %
11%
Apr
5%
July 16
Co___.—.-—
*12%
14
3
8
"23
Biscuit
13%
-
Oct
15% Jan
National
Corp
127/8
26%
8%
9
: 26%
■
lli/4 July
Oct
19%
._10
Aviation
137/8
32'/4
18%
1
July
2
12%
26
1467/4
19% Apr
7
3
12%
31%
*18
Aug 23
3 '/a
29i% Nov
5 % Jan
137/2
*10%
*145%
29
8% Jan
.137/4
:
31%
*1747/2
40% Apr
87/4 Feb
Vi2%
13%
12%
11%
17%
2
Dec
Jan
167% May
13 7% May
preferred™———L——.100
Nat Bond & Share Corp
No par
/
176
19
7
i
preferred
National Container-—™/„™.
26'
89
3,800
15!.
1
3%
1% Feb 11
15 7/a Jun
5'
conv
National
900
'
'
237/4 Jan.;
i
»'i
Co
*13
31%
*10%
177
22
9%
26%
257/a
*877/8
177%
21%
Acme
:io o
1
„10
6%
300
12
*187/4
9%
31%
*174%
Nat Automotive Fibres Inc
20
26%
26 f
9
1,300
*173
27
9%
31%
87/«
9 5/8
10%/
*11%
26% i
257/s
y
:/'■ 15>/4
National
176
*18%
Corp__.
tNash Chatt & St Louis™
'
26%
13%
11%.
*174
197/4
197/4
97/4
25%
*13
*12%
*10%
'
176
No par
Nash-Kelvinator
2,100
21% '21%
*172
9%
9
13%
.
>
Nabco Liquidating Co
15%
12
:■>
/
220
9 7%
,
100
32%
10%
12
i
*327/4
9%
u'/a
1%
11,600
12
10%
11%
.
iy4
12 7/4
12%
9%
if y
*10i/2
1%
-
10%
9%
9%
,91/4
11
11%
*174%
ft
•32%
15%
•
157/a Aug 20
par
95'/sJan
7
No par
277/2 Jan
2
No par
10% Jan
12
No
102
May
447/4 May 29
20
May
5
Peb
960
THE COMMERCIAL & FINANCIAL CHRONICLE
LOW
Saturday
Monday
Aug. 28
AND HIGH
Tuesday
.
Aug. 80
SALE
PRICES
STOCKS
Wednesday
-
Aug. 81
Monday, September
Thursday
.
Sept. 1
Friday
Sales for
Sept. 3
the Week
Sept. 2
NEW
YORK
Range for Previous
STOCK
Range Since January I
Lowest
Highest
,
EXCHANGE
Year 1942
Lowest
,
t per share
♦19%
$
20
$
per share
•19%
20
*59
60
59%
24
24
*23%
*10 Va
11%
*23
20%
CO
59%
61
24
*ioy8
*23
27
*23
*118
i2iy2
-r
.
125
43%
%
3Va
*%
43'/a
17%
43%
/
3%
U
3%
%
*%
3/4
gOO
17%
173/b
17%
3,400
34 %
*33%
35%
*33%
35%
*33%,
*33%
35y2
53 y4
*52%
53%
*52 ya
53 ya
*52%
53%
•52%
*181
118
*117
118
52%
10
10
*100
13%
14
20
40 y4
Va
41
17%'
*41%
63/4
183%
1
*
'■
"
*9;'
20%
*20%
20%
*40 y4
41
\
5
41-
;
4%
5
.
;
18
8%
90
18%
19
155
18%
-
-
8%
-
19%'
v
'
V
90%
9%-
*150
*31-
58%
'9%
9%
*41
42
*24%
15%
24%
>'
293/4
413/4
413/4
*41%
*113
115
*113
IK3/*
1143/4
156
156
*155%
156
156%
155%
5
5
5%
'53/4
4%
*143/4
15%
53/a
53/a
♦14'/a
15%
33/4
3%
33/4
35 y4
35%
34%
*10 Vo
10%
*10%
110%
1103/a
1103/a
33/a
*3y4
25 y2
25%
*1%
*30
l3/4
5
y
*93/4
10%
1093/4
1093/4
*1093/4- 110%
33/a
3% '
*30
29 Va
23
16%
7%
98
17%
7%
23%
*55%
17%
7%
17%
*6%
*2%
2%
*2%
2%
x39%
39%
38%
*15%
16%
*15%
16%
*15%
*110
*110
26 3/4
26%
57
*56%
43/4
*3%
51
*233/4
*3%
4%
51%
12
♦48%
50%
*48
50%
*30%
33%
243/4
8%
*32
>8%
*8%
9
7%
7%
7%
23%
233/a
49
48%
48 3/4
90
90
90%
90%
18%
19
19
19%
22
4%
52%
25
233/4
49
*4
8%
48%
X30
223/8
48%
49
49
91
y
90
25
23%
23%
*233/4
82
1113/4
110%
94
5
*84
87
120
*24
7%
—
24%
'
47
*63/4
71
*H%
6%
/
11%
12
175
*163
175
*163
*181%
194
182
%
4%
4%
*73/4
4%
8
4%
7%
*73/4
4%
4%
7%
7%
*4%
87
24%
24%
120
*5%
49%
5%
100
88%
20
243/4
300
53/4
50%
50%
*63/4
12%
7%
*634
71%
71%
*12%
*163
184
-
■*181%
4%
5
8-
*73/4
13
12%
175
♦163
185
*1813/4
5
8
>
5
73/4
*75
84
*43%
44%
68
*66%
68
*66 V*
68
*12
13
♦66%
*12
68 %
13
*65%
*12%
•163
13
68%
*65%
12%
12%
12%
*12
175
12%
*163'A
*163
175
43/a
60 %
*44
*18%
*20
163/4
10 3/4
4%
19
9%
,*83/4
16%
Va
9
163/4
10%
103/4
18%
20
44%
*75
163%
10%
84
44%
4%
4%
44
183%
183/4
20%
9
9%
17
♦20
9%
*4
/
20
*20
10%
103/4
903/4
102%
112
9i
1023/4
112
54
54
54
*119
120
14%'
14%
8Q3/4
90%
893/4
102%
1023/4
14%
102 ya
111%
90%
103
54%
120
14%
89%
102
33%
54%
120
14%
9034
102%
_
173/4
11%
11
103/4
120
11%
90
54%
120
14%
1% Jan
par
par
55%
1,900
120
30
143/4
,
20,500
463/8 Jan
34 Va Feb
18
19
Jan
27
No par
23
Feb
6V4Jan
25
223/4 Aug 23
37
Jan
4
50
-No
par
68% Jan
No
par
————100
X25
—3
Sep
20
,100
series,,
Feb
106
Apr
20
109% Jan
7
73/4 Feb
,,100
—
Mills,,
19% Jun
27%
22
32 3/4
40 Va
Jan
763/4
Jan
Jun
*14%
Dec
1
7%
90y4Jun
3
55 Va
115
3V2 Jan
16
7
Jan
14
9Va Feb
4
Oct
6%
68
Jan
153/a May
7
7%
Apr
4
Jan
30
2
18
Jan
18
4
Jan
7
16 Va Jun
21
par
48 V2 Jan
4
100
114% Apr
7
No par
11% Jan
6
75 V2 Jan
20
No par
1153/4 Jun
26% Jan
90
33/4
>4
Dec
May
Jan
Feb
'
5%
6%
Feb
Jan
Jan
July 8
52% May 12
5
14 y4 Jan
7
10% May 11
13
13
65Va Aug 23
7V2 Jan -2
85% Jan
6% Jun
Sep
103/4 Nov
Jan
28
No par
38%
26%
165
Jan
;
Apr
43/b July
563/4 Dec
175
Jan
tPub Ser El & Gas pfd $5
Pullman Inc
5
Feb
29
100
3
Mar 30
May
20
preferred
~4%
165
5
v
Oct
May
3
165
,100
par
Nov
193/4
9
,100
No
65
Aug 31
preferred
Pub Serv Corp of N J
t$5 preferred—
Dec
Jan
15%
Jan
8
-No
May
Jan
33/a
182
4
(ser of Feb 1 '29)
Feb
170
preferred—
Procter & Gamble
Oct
Dec
9
l3/4 Jan
-
May
9
77% Jun
4
150 V2 Jan
par
43
9
80
46
21
1
No
Nov
May
Jan
Jan-
4% Jan
*
73/a May 20
59
25
Jan
,
6
Jan
pfd_.100
par
Dec
110
8
8
79
107% Mar
May
Apr
I3/*
3
14
May
170
'
6 %
65
'26
"175^
par
Jun
30
102
5
/
103
1
4
59
1
No
Jun
May
3
7y8 May
90
Apr
98
26
8
34V4 Jan
•
No par
Pocahontas
July
July
Apr
3% Feb
,100 -
;
4
Jan
18% Jan
102
,100
(The)
July 30
1173/4 Jun
18
Jan
3
26% Jun
,
14
No par
-
2
50-
No par
Dec
Jan
„
Apr
100
,—,100
Jan
6]/a
6
Mar
Dec
5
,100
Apr
5
28% Apr
1
20
100
4
49
Sep
17
4
90
Feb
Jan
Jan
25
Ry Co
Oct
Jan
513/4
79V2 Jan
Jan
7%
29%
44
70
Jun
Dec
Apr
100
5
Dec
2'/4
May
par
100
4
47%
30
18
25'/a Sep
14
71
Apr
% Jan
36
19% Aug
2
13% Jan
10
96% Jan
8,300
Jan
49% July 26
183A Aug 23
109 V2 Jan
%
23 Va
91
<
2
100
33%
Nov
16% July
293/a Mar 29
12
100
121
Feb
25 Va
26% May 8
10% July 19
8% Jun 28
4
5Va Jan
preferred
33%
108%
Jan
58% May 20
413/4 May 20
20
5
par
preferred
*l?n%
Aug
May
May
.
—100
t7%
333/4
15
11
104
6
t8%
121 %
Jan
5Va Jan
430
33%
Sep
Jan
44
153/a Mar
290
121%
4
2
Jun
36
112
333/4
Apr
Jan
61% July 14
127%
323/4
1%
6 % May 28
59% July 23
16/8 May 18
126 5/a
333/8
July 19
Oct
IVs
32
6
111%
323/a
3
29
9
112%
32%
Mar
9
A
t6%
Dec
13A Feb
127
620
82
28 Va Jan
,.
112
121%
1,260
*
Dec
56% May
4
127
1263/4
90 y4
102
60
24% Jun
.
Nov
29%
Apr
9
—100
1%
Jan
173/4 Mar 26
110
Jan
Dec
17% Mar
133/e
33/4 Mar 26
Jun
2ya
29%
v
44
Julyl3
20% July 8
9
Nov
-
4
100
45
Oct
Dec
6
17% Feb
B
5%, pfd
May
60% Mar
18%
89%
*120V4
29
5
101%
1273%
Jan
Apr
23/4
13% Aug
A Mar
32 % Apr
90
121%
1 %
19%
6
102
1013/4
8
2
4
14%
2 3/4 Apr
May 20
19% May 22
6'/2 May 22
18
243/4 Jan
543/4
90
2
13 V* Jan
50
•119
-July
23 V2 Jan
800
;
11
32
2
35
"
July 12
Jun
5
6
lll3/4
7
14
121
963.
7
Jan
*
6% Jan
127
potrn
2
16
63/8 Jan
1113/4
rpg
1% Jan
27/8 Jan
1
127%
■p-.
Oct
Jan
5
121%
32%
17%
17
Poor & Co class B_„
•>
101
113/4 Apr
No par
1263/4
32%
1'
1,100
Mar
Dec>
14% Oct
5% conv 1st preferred
5% conv 2d preferred—
121
32%
i
38
July 10
Postal Teleg Inc preferred
Pressed Steel Car Co Inc
128
127
9
Apr
30
59% Jan
Pond Creek
106%
Jan
30% May 27
Class
*
Sep
1
20%
22
Class
100
101
Jan
12
300
121%
111% 112
-
Oct
Dec
17V2 Jan
Plymouth Oil Co—
160
1,300
Oct
27
15'% Jan
v
2,100
5,300
*33%
14%
'
130
•
•
Nov
3
106
24
Co.
■
9
8%
100
Young & Ash Ry 7%
"4
Dec
5
preferred—
Nov
1% Jan
113/4 Apr
108 V4 Jun
Pittsburgh Forgings Co
Pitts Ft Way & Chic Ry Co
-7% preferred—
Pitts
1 % Mar
5% Jan
6%
Oct
Jan
148%
''
22
No par
Pittston
Apr
Jan
100
11%
34%
54%
'
200
Nov
19
101
4
preferred class B__
100
preferred class AT
100
5%% 1st ser conv pr pfd—100
Pittsburgh & West Va___
,100
300
34
Apr
45
17%
34
113% July 26
Nov
2
11%
*11
*119
2
17%
11%
*127
lll3/4
2
10%
*11
*120 3%
.
r
,
20%
9
11%
105y2 Jan
24%
121
•
Oct
Apr
Apr
:
Oct
-
Nov
13 3/4. Jan
2
5%
.
43/a
20
10%
10% Jun
100
Pittsburgh Steel Co
,
123/4
175
9%
34
«
68%
20%
17%
16
7%
19
*10%
53%
300
220
61
*32%
7 V2 Jan
16
21
74
50
Pitts Screw & Bolt.—_—-—No
2,700
73/4
45%
17%
■
84
*60
10%
xl4%
>
45V4
*44
33
*119
5Va
50
,
>15%
22 %
7
8
Oct
253/i,
Jan
100
Pitts Coke & Iron Corp
$5 conv preferred—
500
/
;
*183/4
10%
14%
12%
185
19
9
43% July
Apr
Jan
V 6%
12
No
6%
900
200
175
60%
9%
20
5
6
Pittsburgh Coal of Pa__
40
45%
33
54%
*4%
\
•
7%
60%
10%
120
*163%
50%
18%
33
143/4
33/a
4
2
23V2 Jan
...
7
•
Jan
100
series—
Pillsbury Flour
300
72
•44%
10%
*119
175
53/4
183/4
17%
33
45
*163%
60%
33
*53%
*75
45
July 30
V' 6% May 10
17% July 15
4
Ry Co,
Pitts C C & St Louis
45%
-
17%
103/4
84
45
4%
*44
183/4
.
*75
>.
175
60%
*20
v
44%
*4Va
60%
44
44
18%,
*20
84
44
60%
61
44
45%
9%
175
4%
*60
20%
♦75
43%
♦163
43/a
60%
84
43%
158
2V2Jan
>
33 '/2 Jan
Preferred
120
71%
2
8%
Apr
Jan
Phillips Petroleum
Pnoenix Hosiery—
>:
*5%
*66Va
*75
t4%%
Dec
35 V4 Jan
Phillips Jones Corp
7% preferred,,.
4,200
*24%
5
9
—1
tPreferred 4V4%
100
47%
*100
5%
Jan
3 Va Jan
l3/4 Jan
Corp
Philip Morris & Co Ltd
400
*85%
5%
45% July 20
28% May 24
15% Aug
3V4 Jan
Co—
preferred
573/4
9V4 Apr
No par
—,r
Mar
Apr
4%
118% July 29
.
'
175
8
473/4
87
*100
7%
*1813/4
V4%
48
4
2
148
1
5% preferred
4.4%
July 17,
25
10
Philco
190
94
72
*163
•
*92
49
*63/4
12%
182
94
473/4
5%
*71%
175
184
*92
/
13
24%
49
71
*11%
120
*5%
6%
71
ll3/4
*233/4
48
*116/4
12
87
•100
53/4
48
71
*85
24%
116%
116
5%
30
Jan;
No par
Co,,
Sep
Dec
48
6s/4 Mar'
.
16
20,
Jan
par
No
prior preferred
Phila Elec
900
111 3/4
*11%
47%
*5
120
*5%
7%
*70
12
24%
*110%
94
47%
87
*100
53/4
47
5%
116
110%
11'-
•92
473/4
*84
116
11
94
47%
*4%
120
*5%
48
*63/4
47%
*100
53/4
11%
♦92
5
*5
*47%
11
116
*
6
19
par
Corp
t$6 preferred
1,200
47
24%
*100
r
9,200
82
5%
87
25 Va
25
23 %;
83
v
Jun
—1
No
1
.
par
No
ser A
.
29
33
2.50
Petroleum Corp of America
Pfeiffer Brewing Co,—.-*_No
Phelps-Dodge Corp,,—L,
tPhiladelphia Co 6% preferred
21,300
23
47%
*84
19%
82%
13
*92
,
110
■
23%
*110%
r
91 y2 Jan
.
.
.
1
No
Pet Milk Co—
520
90
823/4
*12
94
49%
19%
.
6,200
22%
111
*5
49%
■
.
82%
116
473%
23%;
*88%
,
100
22%
1103/4
*92
23
193/4
5%
1,000
1,100
823/4
*115%
13
75/a
213/4
116
*11
/
8%
82%
,
5
Coke Corp
Pere Marquette
100
'>
25
7%
■
Pepsi-Cola
200
82%
116
116%
49%
90
xl9%
33%
r
22%
21%
112
,
23%
193/4
82
*11%
23%
90%
*111
♦181%
23%
23%
23'A Jan
100
Co
pref
.July
16% Jan
10
tPeoria & Eastern Ry Co
100
500
■
-
conv
27%
15
1
Airlines
143%
Mar
Inc
Cement
Mar
13
; v
,1 -
Peoples Drug Stores Inc,,
Peoples G L & C C (Chic)
10,100
■■/■
83/4
7%
19%
83
*116
*24%
9
*7%
x25
3%
*163
8%
7%
90
111
*70
*24%
9
*31%
"
49
81
'
33%
25
*
/,
12
47
*31%
19%
19%
11%
33%
7%
i
4%
515/a
47
25
7%
'■
12%
8%
23%
111
■
33%
51
47
47
*24%
8%
7V2
23%
*11%
50%
!
*4
.
81
Jun
Dec
132
14 V* Jan
:
Penn G1 Sand Corp:
5% preferred
Pennsylvania RR—
.
500
52
33%
11,000
57%
4%
*31
26%
57%
12
*48
16%
26%
57%
523/4
50%
$7
700
100
•
47%
40
Penn Coal
Jan
4%
■17%
♦
xl6% Apr
8
10
par
Inc—
Co
Penn-Central
79
i
Mar 19
July 23
25% May 20
,100
Jan
Apr
55
par
Dec
%
'
V
par
6
43y4 Apr
6
24%
12
*4
2,
11
*23%
52%
3%
64
Jan
*57
,
42
Deo
30%
2% Apr
11% Mar
.
3, /
,
Oct
12%
,
Jan
58% Sep
12
Dec
34
Apr
38
80
Penn-Dixie
.
2
5
par ■
.3%
Jan
151
3
t
,
Mar
10% Jan
,
2% Jan
5
22
14
24%
12
57%
Jan
Jan
,
V Jun
300
6S^
215/a Jun
Va Aug
2,100
*15%
21% July 19
8
21
5,000
Feb
59
55
7%
Jan
Sep
Dec
38-
73/4 Sep
■
943/8 July 24
10% Jun
7
Patino Mines & Enterprises
—10
Penick & Ford—
-No par
2%
1
20
,
7
2
Penney
17%
..17%
28%-Jan 15
;
—100
Transportation
(J C)
Apr
110%
17
300
*233/4
52%
57%
&
-
Jan
Nov
8
Apr
31%' Apr
;
July 22
45
Jan
8%
Apr
503/4 July
2
8% May 22,.1
600
! 2 s/8
*38%
26%
513/4
*11%
*24%
7%
24%
1,300
Parmelee
*110
26%
57%
243/4
23%
*110
27
57%
3%
34%
243/4
39%
Davis
8
23>/2 Jan
Parker Rust Proof Co
900
*7%
.
16%
i, •'
263/4
243/a
*11
*38%
Tilford
100
12% Mar 25
.
2
58
17%
7%
2%
*15%
81
preferred
Pictures
; 6
6
3% Jan'
98%
*56%
17%
:
2%
16%
•110
26%
12
*7
conv
Parke
100
23%
6
4% Jan
41'% Aug 18
_
13V4 Apr
Park Utah Consol Mines,,
9't
15
1
1,400
985/a
39
243/a
*11
♦243/a
39
26%
51 y4
51%
7%
26%
57
17%
23/4
*15%
v
,
17%
♦7
16%
23
57%
99
*2%
243/a
57
23
Jan
6
7
,13% July
No
2,800
5%
6
1 54% Jan
Nopar:
Airways Corp,,
5
13/4
■
Jan
14
96
8
46
Car
29%
*5
53
Dec
Jun
2
;
29%
5
57
4%
Park
18 '
Apr
Apr
142
;
,
.10
Inc.
Cos
Paramount
10,000
31
*17s/a
99
20
>
39
9%
69
Jan
3%Jan*
15% Jan'
25
13/4
18
5
23%
7%
39
*110
263A
*24
243/a
293/8
57%
2%
2%
393/a
*30
293/a
Paraffine
25%
Jan
5
Panhandle Prod 81 Ret.—
1,900
V.
1003/4
253/4
1%
*17%
•:
3%
52%
73% Jan
No
Jan
56
14
r
■
Pan-Amer Petrol & Transp,
5
tPanhandle East P L 5.60% pfd_100
20
Nov
Apr
6VaJan
Corp—;
Pacific Western Oil Corp
100
y
433/4
*100
31
1%
'
99
173/a
3%
26%
5%
*98
10%
Sep
11 Va
39
10
Pacific Tin Consol'd
9,200
116%
85 Va
Jan
,
5
._No
Pan American
192
Mar
6'% Mar
8
•
par
Electric
Packard Motor
Dec
108
7
—8 >;
.
23 %
143
Apr
Mar
15%
183/4 July 21
56% Jun
4
,11% Jan 13
•
Co—.—12.50
preferred
Jan
25
29% Jan
——No par
Telep & Teleg—
Oct
303/4
HVi Apr
88/a Jan
„
Sep
Jun
19
100% Jun
31
-
Oct
%
5
36
100
—No
&
8,300
109%
*43%
,
1003/4
29%
56
99
3%
25%
.18
23%
57%
3/4
*93/4
*109
44%
*30
13/4
5
22%
3%
100 3/4
31
1%
.
103/4
1093/4
♦43
26%
*30
l5/8
:
*
44
101
25%
32%
1%
.
*100
25%
*93/4
*109
3%
*43%
101
253/a
*385/a
*24
*33/a
45
*43%
•100%
18
16%
7%
'
10%
Jun
Feb
Jan
6
x3'/4 Jan
.6 '
(Cal)
Dec
2
107
—No par
_No
Dec
9% Jari
2.50
Co———j
6%
16 y4
48% Jan
par,
Mfg.—,
Jan
91% Jan
—No par
—50
_r
preferred
t6%
110
•
5
.,50
Mills,
700
•
49% Jan
No par
—
Glass
Coast
fPacific
25,200
•
7
1'
——._No
Pacific
v
33/4
36%
99
16%
16
*^5
33/4
293/a
57%
153/4
36 Va
5
22%
153/4
3%
18
*55%
•
5
50
Ltg Corp
500
y
36%
293/a
*98
5%
33/4
*4%
57%
5%
36%
*17%
99
5%
2d
90
3%
5
*55%
5%
Jan
93/4 Jan
preferred,——.100
Gas
.
2
113
—No par
Pacific
v:
36%
18
*98
'
3%
29 Va
22
22
15%
_
Pacific
117
155
118
162% Jan
116% July
23% July
300
"
15%
4%
■
24%
115%
155
5
Jan
2
5,400
363/a
*17%
•18
*43/4
,V
24%
114%
155
23
6
19
Pacific Finance, Corp
r
%
.50
—No
Feb
15%
% Jan
3
263% May 7
38
July 9
192% July 14
,10
a
1st preferred—.
210
\
1
1% Mar
6
5
Pacific Amer Fisheries Inc
<■
42
Mar
4
Jan
Pacific
200
•30
4
16% Jan
Owens-Illinois
' 400
■
15%
3%
13/4
29 Va
29 Va
29 Va
♦17%
32%
*1%
20%
1% Jan
A Jan
17y4 Aug
Feb
51
May
1
18% May
6%
20
36%
10»/a
25%
25%
32%
*30
44%
101
*100%
y
.2%.Mar
2
Outboard Marine &
3,000
.
2
4
10
73/aJan
tOutlet Co—
50
'
•'
9%
33/4
33/a
*42%
101
14%
14%,
3%
36
3%
423/4
*42 y2
*iooy8
::
n
2%
Jan
53%Jun
17%
Dec
10% Jan
1
Oppenheim Collins—.—No par
—-
v
-t
12
353/4
10%
♦109%
5%
Jan
Otis Elevator—
10
v
52%
*41
24%
114%
*154
sa
X
100
-Norwich Pharmacal Co
1,100
-i 3,200
•
•
573/4,<
/':' 293/4
■
Jan
101
4
100
Preferred
,
80
•
:
i
203/a
41%
*24%
115%
156
".'■(-
*12%
'
54
Omnibus Corp (The)——
!
8% preferred A.
'
24 %'■
24%
115
156
30
41%
'413/4
•114
"
293/4
•
Dec
Oliver Farm Equip
*9%-
15%
Feb
23%
Ohio Oil Co
58%;
*50
*20% •''213/4
*12%
109
1,100
33%'%•;>':•-K
*11%
-
May
Northwestern Telegraph
Norwalk Tire & Rubber
,;
100
,
155
,
58%
-
93/4
80
2,000
19%: i
*31.".'..4
52%
July 13
preferred series,,
"
'
*50
-
30
•
93/4
'
15%
29%
12-'
*11%
9%
*12%
24%
19%
.58%--'
126
6
9,400
: 9%
*8%
'
■
22
60
100
35
May 22
12% July 29
28% July 30
.50
30
,
7%"
90
57.;^M>.'> 57%
21
29%
x24%
*58
y
53
21
293/4
24%
i
,
11%
93/4
41%
♦41
243/4
*12%
58
♦51%
203/4
15%
293/4
'
20%
v ■
r?33%',«.:.<wfs*3L,33.%-v'V-:
11%
93/4
52,/.
•
20%
*12%
293/4
293/4
52
19%
Jan
28 Ya Jan
18% yV/
90
..
110
43
*63/4;..
151 7 ;*151
56% K57
12
93/4
52
20
57%';,''//
*11%
11%
11%
*51
13%
56%
151
V,'
9% ?
19%
-
155
58
57 y4
*8%
19%-
: ~
90%
*90
Dec
Northwest Air Lines
■:
600.
■
12%
*423/4
-
,-
60 y2
tNor States Pow $5 pfd
10
»*»
..
40
18%
•
"
6%
Aug 18
11% Jun
743/4 July 24
26
,
Northern Pacific Ry
1,500
53/a
-
.
Apr
124
"
41
*5 y.y
43
43
'6%..-'6%
,
*90
8%
*150
63/4
<
33%
*12%
41
.5
483/8,-U l8%
423/a
63/4
*31
21
41
5
:423/4
18%
.
42%--
8%
18%
155
18%
-
6%
90'
*57
*20%
*40%
*39
33%
.
.20 3%
*12
58%
ll3/4
203/a
12%'
*31
10
20%
123/4
7
26% July 23
Northern Central Ry Co„
110
115%
*20%
2
63 y2 Jan
North American Aviation,—
4
9,800
*1143/4
4
16% Jan
6% preferred series
53/4%
5,300
14%
•
•
RR
,
Vy
,'y,
115%
40
*57
52
115
14
*12
33%
11%
14%'
14%
*39
58%
*9%
10
Harlem
North American Co.—
600
104
12%
*31
*51
9"%
40
:■
57
53
♦100'/a
6% Jan
No par
Oo——60
preferred—
&
-
;
1,000
10
*39
*56
-
513/4
%
Y
tNorfolk & Western Ry
100
tAdjust 4% preferred,.-.—100
j
—
34,900
104
*100%
*12
90
*150
57% 7 57 y4
10
10%
104
114%
42%
*18%
155
10
*100
460
1
17%
*52
12%,;
6%
90
18%
*150
52
40
6%
8%
52
,
♦39
18
42%
63/4
*8
52%
*12
42%'"
17%
♦40%
90
52%
12%
*12
12%
51
40
39%
40
52%
114%
4%
5
52%
14%
.*40%
5
sy4
52%
14%
20%
182
17,
114%
20
20
17%
5
N Y Shipbldg Corp pdrt stk
Noblitt-Sparks Indus Inc__
J
;
•
118
Xl7%
14%
114
115%
180%
♦117
17%
52%
104
14
14
*114%
115%
*100
104
17
10% ><".
10
10"
10
104
182'
118
'
181%
*117
*52 ya
181
17%
52%
♦100
-
181
167/a
52%
180
36
27
143/„ Jan
par
Conv preferred—
100
IN Y Ontario & Western,,.—__100
6,700
%
17%
181%
'
23/4
%
17%
*116%
♦88
23/4
*%
17%
17
17%
2%
7/a
$ per share
31% Jan
—100
No
,.:|N Y.N.H& Hartford,
5,000
17%
>
118
12%
2%
11
*%
180
*39 y4
190
17%
i6y4
40
45
Highest
$ per share
27
10% non-cum preferred
tN Y Lack & West Ry Co__
,
44
%
*116%
*5
45%
%
3
N
11
f——Wo par
5 %
___
17%
16%
*40'
27
$ per share
Jan
New
♦33%
118
20
800
121%
*117%
100
6% preferred series A
NYC Omnibus Corp
York Dock
2,300
v
*117
IS
,
2%
3%
11
*%
180
♦114%
7/a
:
61%
24
*23
121%
•
45
44%
60%
24
f per share
'
N Y Chic & St. Louis Co
600
*10
97
*117%
*117
44%
61%
*93
26%
121%
*118
44
16 y8
13%
ll,.'
.
20%
Par
17%
•
34
*116%
24
*2%
*117
7/a
3%
%
17%
*33'A
121%V
%
3
C0%
24
11
Shares
per share
*20%
62%
*23%
*117
43 %
20%
24%
*10%
27
*118
*118
»•'■
*19%
$
24
11%
125
43 %
21
share
per
62
*23 y4
.
121%
180
20%
$
share
per
"
27
1
♦118
*118
$
19%
24
11%
*10%
share
per
47%
Apr
62
Oct
20
Jun
33%
Jan
Mar 31
58
Jun
70
Feb
75
'
-
16% Mar 29
162
May 18
6% Jun
153
July
10%
153
Jan
July
53/4 May 29
61V2Jun
1
47% Aug 12
213/4 July 16
ll'/a
Jun
14%
23 y4 Apr
5
15%
Jun
18%
Oct
13
1
3 %
May
5%
Jan
Jun
3
9 %
133/a May 29
13
22% Mar
Jan
21
Jan
Sep
5%
Jun
8%
Jan
Jun
4
6 %
July
B3A
Jan
40% Jun
3
22 '/a
Jun
.29%
Jan
57'/a Jun
8
42
Feb
Feb
13
115
Feb
17% Apr
5
123
95
9%
523/4
122
Oct
Oct
Jun
14%
Jan
Mar
863/fe
Jan
73% Mar
x99V2
July 19
62
107% July 20
114% July 20
129% July 15
79% Mar
111
Jan
4
99
Mar
123
Jan
4
122
111% Mar
116
2
2
..
40 Va
Aug 18
July
1
20% July
28%
Jan
Oct
Nov
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4209
Volume 158
NEW YORK STOCK
RECORD
'
PRICES
Wednesday
>Sept. 1„ --
1
LOW AND HIGH SALE
.!
Monday
Tuesday
Aug. 30
Saturday
Aug. 28
Aug. 31
.
I per share
I per share
t per share
S per
.16%
16%
16%
17
iva
112
110%
105%
16%
17
♦110
*110
112
*110
112
*105%
106%
*105'/a
105%
105%. 105 y2
19
*18%
19
,18%
18%
t
share
.14
*13%
13%
*13%
13%
share
per-
17
17%.
Sales
I per share
for
•
17%
110%
112% 112%
•111
114%
*105%. 106 y4
*105% 106 y4
19
19
Par■
200
13%
*13%
19 y4
Pure Oil
8,300
No par
11
Tear 144?
Lowest
$ per share
I per share
Highest
I per share
104% Feb
3
2
2
22 y8
July 16
9% Mar
92% Dee
14% Nov
4
14% July 14
8% Mar
10% Oct
4% Jan
"
92% Jan
10% Jan
.
14
2
59
Jan
3% Jan
•
conv
Jan
13% Jan
preferred—100
preferred,.—100
Purity Bakeries—.——*_No par
1,100
,
(The)
S per share
■
-
6%
5%
Range for Previous
Range Since January I
Lowest
Highest
EXCHANGE
200
105%
"
'.
NEW YORK STOCK
Shares
17
19
STOCKS.'
the Week
17%
19
*13%
„■
Sept. 2
19%
*18%
Friday
Sept. 3
Thursday
;
961
4
12% May 4
71
July 19
10% Jun
1
46% Mar
7
19% July 19
114% July 22
107% July 23
7
Apr
11% Dm
90% May
80 V* Jun
106% Deo
Q
*13%
13%
13%
*13%
Quaker State Oil Ref Corp——10
•
:
9%
69
7%
8
.
♦30
68%
8
77/a
8%
8%
.
25,800
1,600
8%
7,700
8%
8%
89
88%
88%
88
88%
28
26%
26 y4
26%
26%
14%
14%
14%
14%
31
30%
30%
30%
30 y4
30 y4
31
*16%
17 y8
17
17%
16%
*16%
31
30%
30%
31
32
*30%
32
*30%
31%
♦30%
26
26%
26%
26%
*25%
27
*25%
27
*25%
27
*3%
"
*73.
*10%
:
*17
"
63%
*61%
63%
63%
10%
*io%
16%
*82%
56%.: 56%
>
56%
56
*8%
16%
83
7%
12%
89%
90
*8%
;
*36%
56%
56%
57
220
tRensselaer & Sara RR Co—
400
Reo
8%
83
*82%
7%
8%
17%
17%
*100%
83%
7%
7%
64
13%
13%
13%
13%
90
90
90
90%
13%
90 y4
*36%
37
9
9
37
9%
9%
9%
9%
.9%
13%
13%
*13%
14 y4
*13y4
*7%
8%
*7%
8%
26%
26%
26%
26%
*26 ya
27
1,600
:■
86
90
-64
150
13%
13%
90%
90%
90%
210
*9
9%
9%
9%
29%
29%
3,300
37
*36%
9%
9%
9%
9%
14%
*13%
14%
*8
8%
26%
26%
26%
14%
*14%
15
15
is >/4
15%
15%
15%
*48
49%
*48
49%
*48%
49%
48%
48%
*30%
32
*31
31%
31
31%
31%
30%
30%
*4%
7%
7%
*41
/'•
*111
♦2%,
5
*4%
8
♦42%
8,
8
32%
30
30%
30%
1,200
105%
*41
*105
*111
112%
*%"
2%
*2%
3
*2%
2%
3
33ya
*111
♦111
•
♦41
113
1,800
22%
22 y4
2%
*2%
2
112%
%
22%
>
4,100
.
83%
83%
83%
84
84%
84
84%
84%
85%
85
85%
15
15%"
15%
15%
15%
15%
15%
15%
15%
15%
5,500
*13%
14%
13%
13%
14%
14%
15
15%
15%
*14%
*65
68%
68%
67%
67%
67%
13%
14
67%
13%
15%
67%
13%
*69%
*9%
.
*40 y4
25%
♦65
13%
13%
71
71
1
*3%
23%
23%
'
3%
3%
3%
24%
24%
40%
40%
40%
41
19%
19%
19%
19%
23%
31
32
32
*31%
22
21%
21%
*21%
13%
13%
13%
13%
•140
23%
23%
14%
14%
26%
26%
X25%
22%
22%
J
22%
41%
41%
55
55
5
4%
29
27
26%
37%
59%
*23%
14%
14%
14%
26%
26
26%
26
26 y4
25%
37%
52
6%
♦111%
69
116%
7
6%
/
112%
*111%
7.
26%
27y8
59%
6%-
6%
55
■■
112%
6%
6%
38
38
111
111
117
68%
7
6%
xlll,
*64
118
116
6%
6%
7
•110%
113
,
.7
39
300
10
116
116
6%
~46
7
*110% 113
i%
1%
*1
1%
2%
1
2%
2%
27%
27%
27%,
31%
31%
31%
32
32
32%
37
;.
2%
27 y6
37%
36%
37
36%
35
35
35%
35%
.-
34%
*27%
28%
*27%
32%
33
33%
32%
36%
37%
37
36
.35%
56%
56%
56%
56%
57%
41%
X41%
41%
41%
'
42
7%
♦29
30 y4
*29%
61%
6i
61 y4
61%
30
61%
*11%
11%
11
11%
11%
11%
11%
10%
10%
10%
10%
10%
7%
7%
30%
8%
8%
11%
11%
♦57
*128%
57%
130
,
7%
7%
*29
10%
V
8%
8%
8%
8%
11%
ii y4
57%
57 y4
57
57
*128%
130
5%
5%
5%
18%
18%
18%
*68
71%
3
3
71%
*68
25%
25%
25%
*29%
29%
11
*25%
26%
For
footnotes
*5%
18
2%
*69'
71%
11%
10%
11%
10%
11
5%
5%
18
2%
11%
128%
128%
3
11%
61%,.
fl%
8%
*68%
18
9
12
58
128%
..
5%
18
58
71%
71%
26
26
26%
30
30
*29%
30%
*29%
30%
10%
11
*10
11%
*10%
11%
X25%
26
26%
page
963.
•
25%
-
25%
2%
25%
25%
*71
Standard Oil of New
Mar
4% Mar
1
26% Jun
Va
1
1
Jan
19%
Jan
21% Dee
98
85% July 14
Deo
Jan
113% Deo
Jun
-4% Jun 10
Oct
39
116
A
•
% Dec
10% Apr
1% Deo
43% May
.
Feb
1%
Sep
17%
Deo
3% Mar
62% Nov
4%
Jan
11
8
Apr
10%
2% Jan
5
16 y8 Jan
2
1
July 15
21
Jan
2
10% May 21;
28% Jan 11
18% Aug
7
Aug 16
Jan 19
Jan 2
Jan
2
2
16% Jan 11
20ya Jan
2
132
Jan 15
21% Jan
2
10% Jan 13
15% Jan
7
15% Jan 2
35%:Jan 9
42% Jan 12
2% Jan 6
2% Jan 6
33
Jan 4
21% Jan 26
24y4Jan 2
32 V« Jan 18
57
Jan 9
3
Jan 2
35Vz Jan 7
33
Jan
6
109
Jan 28
49
Jan 10
113
Feb 17
4Vb Jan
2
100% Jan
7
16 y4 May
62
Apr
Apr
4%
30%
10%
2%
HVa
8
11
Deo
4%
64%
Mar
5
73% May
10% Jun
46
Julyl3
29
Jun 30
5
Apr
7
May 29
28
May
Apr
Deo
Nov
60
Jan
9%
.
Dee
66
Nov
'
7%
Nov
35
Aug
18%
Jun
Dec
4%
.
Jan
May
17
27
% Apr
20% Aug
27
44% July 20
19% Apr
30%
15% July
1% Feb 18
July 13
X13% July 14
Dee
.
1%
Deo
No.f
Oct
24% July 19
23% July 20
39% July 16
'25% Jun 10
149% July
20%
Jan
Apr
15 Va
Nov
6 Va Mar
10 %
Dec
2%
Jun
15%
Jan
9
15% July 15
5
Apr
6
28% July 26
30
Jun 10
.
1% Mar
14
25
14%
30% May
10
Apr
6
14% July 17
5
30% Apr
5
9%
6
Jun
Juty 13
Nov
18%
Feb
Jun
39
Oct
Jan
50% Mar
3
Aug
3%
Feb
59
July
Apr
24
Nov
Deo
31% Jan
30
Sep
37
Mar
49
44% July 24
69% Jan 26
Mar
60
Jan
2%
29%
27%
Jun 26
Aug 31
42
July 14
116% July 13
70
July 31
117
Aug 20
108
Sep
Sep
4% Jan
45%
Jan
114
Apr
109% Aug
2% Apr
89% May
115% July 30
Jan
.38%
Jun
Dec
40%
Jun 17
8
18 Vs
May
17%
21%
35% Mar 15
X55
21% Nov
12% Jan
1% Apr
1% Nov
31
Deo
10
7
Apr
Apr
Jun
34%
28
Jun
Jan
Jan
23%
5
5
6% Jun 30
31
26 %
144%
12 Va
49% May
66
Apr
55
Apr
Jun
17%
122% Nov
6
Feb
49% Jan
113
■Jan
5
Jan
110
Jan
Starrett Co
Stokely Bros & Co Inc
3,000
Stone &
6%
2,300
18
600
5,200
,
100
.
29%'.
800
11%
200
.
.
900
5,600
•
,
1
—10
5
1
+—No par
—1
——
Corp
Webster
(The)-
—
No par
Class A pfd (4%% cum)
100
Sunshine Mining Co—
—.—100
Superheater Co (The)
No par
Superior Oil Corp.
—1
Superior Oil of Calif—a—
25
Superior Steel Corp-—.
—100
Sutherland Paper Co
———10
Sweets Co of Amer (The)——12%
8wlft & Co
—25
-
40
6% Aug 3
25
Jan
2
58% July 30
7J/8 Jan 12
4J/4 Jan
2
6% Jan - 2
5% Jan 6
48 y3 Jan
6
122
Apr
9
3% Jan 2
12% Jan 2
lyaJan
2
58% Feb 23
14% Jan 20
26 Va Jan
4
4% Feb
1
22 Mi Jan
2
9% May
31% Mar
66
May
14% Jun
14
July
10% May
13% Jun
63% Mar
129% July
7% Apr
22
May
4% May
82
•
May
32% July
July
12% Jun
33
27% Jun
5
31
1
7
12
7
5
30
231
28
10
7
23
24
5
2
Apr
13%
Jan
18
.
Oct
Jan
Mar
29 %
20
Apr
29
30% Apr
25% Apr
-
2Va
11%
6
45% May 26
(The) L S——-No par
Studebaker Corp
Sun Oil Co
5
8
2
-
Standard Steel Spring—
12,900
71%
A Sep
% Apr
6% May
6% Mar 13
4
5,100
~
2%
—No par
37 y8 Jan
Stewart-Warner
9
11%
26
Mar 23
2
46Va Jan
4,000
26%
25%
112
25
Sterling Drug Inc_
2.9%
*10%
1
Feb 18
Jersey—-25
Standard Oil of Ohio
200
26%
•
Feb
43
59% July 19
1,200
'
25 %
25%
5%
*17%
Jan
Deo
Apr
78
May
25% Apr
109% AUg
106% Jan
107% July 24
115
,
44
110
Jun
12%
19
May 8
38% July 14
40
...
Jan
104
37% Apr
12
400
2%
Jan
5
X9%
28'/a Jan
58
5%
2%
29%,
10%
*57%
Jan
29% Apr
12% Mar 26
—25
*128%' 130
18
2%
261/a
-
8%
.
11%
128%
71%
.
.
Dee
Nov
34% Jan
A Nov
1% Sep
7% Sep
10
Sep
Jan
2
8
Standard Oil of Indiana
29
61%
11%
Mar
31% July 29
36% July 29
3,700
.
29
58
*57
5%,
7%:
61%
9
13
47% July 24
113% Aug 4
5
900
29%
12%
Mar 11
9
$4 preferred
—No par
$6 cum prio/ preferred—No par
$7 cum prior preferred
No par
Standard Oil of Calif
No par
16,000
1
11%
8%
11%
18
,
7%
Jan
Nov
NOV
47% Nov
May
A
Vs
2% Mar 13
41%
.61%
*29
25%
10 y8
see
128% 128%
7%
,
Feb
23
1
5,100
-
11%
10%
.
58%
58%
42
*26
*29%
*10
,
11%
5%
3
7%
11%
,•
*17%
2%.
,7%
41%
42
9
9%
6%
21%
13%
7
May
34% May
1
2
4
2,400
36
57%
61%
7%
.30%
37%
35%
57%
V
61
7%
61
37%
57%
42
41%
*29
37%
35% ,35%
58%
36
,
9,500
32%
37
1% Mar
3% Mar
A Jan
1% Jan
9
Jan
10 % Jan
28% Jan
Standard Gas & El Co
3,100
12,000
28
28%
—No par
$4.50 preferred——No par
700
2%
2%
3
100
Jan
•
1
28
40%
1
3
3
1
1%.
27%
32%
28 y4
56%
-
*1
1%
3
3
2%
■
j
1
1%
Standard Brands—
14,700
V
•*
+-No par
Square D Co—
——1
5% conv preferred——100
Squibb (E R) & Sons
—No par
$5 pref Series A
—No par
69
-.
*110% 113
:
tConv $4.50 preferred
1,320
112
——2
Spiegel Inc
8,300
.
55
*64
.
300
'
6%
*38
116
4,100
59%
*110%
69
*64%
*116
111
38
69
26%
54%
*110% 112
600
39
*58%
6%
55
38
38
112
200
10
*37%
6%
54%
55
54%
26%
1
Sparks Withington
-—J',
No par
Spear & Co——
——^-1
$5.50 preferred—,
No par
Spencer Kellogg Si Sons—No par
Sperry Corp (The)
1
Spicer Mfg Co—
;
-No par
$3 conv preferred A——No par.
3,700
,
29%
*29
39
*116
116%
•
29%
*58%
38
69
*64%
29%
27%
*110%
♦64%
38
117
5
55
*37%
*54%
*64%
•>4%
*48%
.
—100
preferred—
tMobile & Ohio stk tr ctfs—-100
20
v
.4%
5
59%
54%
112
4%
50
39
53%
*116
50
*58
52%
*37
*4%
4%
*37%
52%
♦110%
4%
29%
27
55
*54
5%
1,100
'
59%
'
112
55
38
•;
6%
.38
*54
38
*58
6%
,
41%
26%
59%"
6%
♦37
42%
5
29%
Southern Ry———No par.
;
22%
52
*48%
Southern Natural Gas Co-—17.50
Southern Pacific Co—
—No par
4,400
/
42
29%
27 ya
♦28%
6%
*110%
22%
4%
; ,5'
5
*48%
%
6
4%
4%
23
*42
55
*54
55
Southern California Edison——23
23%
23%
42%
42%.
—100
1,400
19,200
26
42%
preferred—-——
2,200
23%
14%
4%
26%
*58
90
23%
*4%
y
29%
37%
27
37 y2
52
29
29
*58
■
3,400
S'eastern Greyhound Lines—
3
So Porto Rico Sugar—No par
8%
64
17% July 6
73% July 26
2y4 Jan
South Am Gold St Platinum—--—1
1,100
14%
♦54
4%
*48%
5,300
23%
22%
—15
'
14%
23
Socony Vacuum Oil Co Inc.
30
*145
Oot
27% Jan
17% Jun 25
22%
19
15%
10y8
$1.20 preferred—
—No par
Smith (A O) Corp
——10
Smith & Cor Type v t c—No par
300
23%
23
Iron——20/'
146
29%
29%
&
26%
26%
145
—15
—
Steel
?
16,300
14%
42%
4%
4%
4%
55
'•.,•4.
3%
4
26%
Skelly Oil Co
Sloss-Sheffield
300
13%
13%
23%
22%
41%
55
145
13%
23 %
25%
25%
22
29%
145
♦140
*24
25%
14%
23%
14%
29%
27%
27
3.45
3%
26%
26
26
26
26%
26%
4%
4
4%
26
145
14 y»
;
4
•
25%
23%
4%
22
31
13%
*4%
33%
*21%
23
*21%
*48%
*31
22
23
13%
.
33
20%
23
21%
*54
*22%
260
42%
20%
23
31%-
41%
1,090
23%
42
20%
23 %
13%
,
800
20%
42
20%
21%
'
42%
*20%
41%
19-%
23
31%
26%
42%
20%
41%
13%
*140
42 y4
11%
21%
26%
Sinclair Oil Corp——-———No par
11%
32%
145
14,300
11%
13%
26%
11%
11%
21%
——--
11%
11%
*31%
,
Simonds Saw & Steel——-—No par
11%
*22%
King Coalition Mines—-—5
——-No par
Simms Petroleum
-10
Simmons Co—
1%
*1%
,
Silver
600
2,100
200
24
*24
♦
_No par
——15
24 y2
24
23%
♦138%
iy4
24
*22%
4
♦1%
1%
*1%
Shell Union Oil—
'
24%
No par
fSheaffer (W A) Pen Co—No par
4,200
3%
1%
$3.50 conv pref ser A—
Shattuck (Frank G):
10
25
25
Jan
5%
Apr
16
Jan
8% Jan
85%
9
Jan
7
54
Jan
4
8% Jan 20
64% Jan
7
5% Jan
8
31 ya Jan 4
17% Jan 14
No par
Sharpe & Dohme
700
9%
43
*40%
24%
11%
3%
*9%
9%
43
25
3%
11%
25%
25
24%
11%
4
*40%
*3%
*1%
26
25
24%
*22%
4
9%
43
24%
3%
1%
♦25
200
24%
23%
.11%
2,600
♦3%
*1%
1%
24
13%
69%
74
13
10% Jan
No par
No par
$5 conv preferred
50
13%
69%
67%
23%
24
*22%
*lVs
*22%
9%
9%
67%
13%
:
2
16y4 Jan
4
2
Jan
8
59% Jan 12
5
-
Sharon Steel Corp—
800
71
13%
'*«%
♦40 y4
43
25%
25
3%
,3%
4
23%
*40 y4
25%
67%
14
70
*69%
9%
X9%
9%
43
43
*25%
25%
*69%
71
*9%
9%
43
14%
71
15
% Jan
No pat
Sears Roebuck & Co
No par
Servel Inc——————1
6,400
15%
100
Seagrave Corp../
100
15%
preferred
Seaboard Oil Co of Del—
1,100
83%
!
4-2 %
1,500
:
3
*2'/a
f-
.
2
2
2%
3
%
■
10
129% Mar
3% Jan
0
Jan
86% Jan
7% Oct
31% Nov
6% Apr
6% Apr
36% Mar 30
2
Jan 16
4
—
100
V
22%
%
2y4
100
41%
113
•111
112%%
21%
*2
3,100
/
*105% 107
it
21%
2%
7%
*105% 107
*41
41%
.
112%
22 ya
3
.
%
*2
'
,
♦111
41
112
•Ill
X22
2%
22%
7%"
50% Aug
6% Dee
19
Deo
x20
17% May 4
9% May 8
27% July 19
18% Jun 28
6
7% Jan 9
35
Jan
7
105 Va Jan
7
7% Aug 9
19% Jan 12
96
Jan 15
38
Jan : 9
111
May 4
107% Jan 23
& Jan
2
—
40
2
Nov
100% Mar
4% Jun
78% July ;
54
May
6% May
75% Apr
3% Mar
39% July 21
12
July 19
2
•** Jan
Va Jan
ISt Louis Southwestern——100
,
7
8
2
7
6
4
28% Jan
5% preferred—100
Safeway Stores
—No par
5% preferred——*——100
Savage Arms Corp——
—
5
Schenley Distillers Corp—
—5
5 Va %
preferred
100
Scott Paper Co
..^^^No par
$4.50 preferred——
„m~-No par
$4 preferred—
No par
fSeaboard Air Line
—No par
600
115
33
106
1,300
42%
*113
8
2,000
2% Jun
13% Sep
Jun
11% July 13
Dee
49
X94%
15% July 19
93% Jun
1
Dee
13
71% Dee?
38% Jan
20
32% Jun
16
Mar
70
Dee
Deo
7% Feb
10% Mar
7% May
18
Feb
22
Deo
x55
7
Feb
70
Apr
S
Lead-—10
tSt Louis-San Francisco——100
8% preferred
.100
8
42 y8
r
St Joseph
5
♦6%
8
7%
*111.
%
;
113%
33%
41
112%
U
41
21%
...
22%
•111
113%
8
♦105
42%
43%
,
•"
%
1%
*4%
*6%
*42 y4
113%
*32%
112% 112%
*4%
5
8
7%
:
106
*41
43
113
5
%
i%
.
—No par
9% Apr
98
TO
6
101% May 24
86% Apr
0
4
7M» Jan
9
Jan
5% Jan'
20y8Jan
11% Jan
43
Jan
—
$2.50 conv preferred
4
34% Feb
Rustless Iron & Steel Corp--—]
600
48%
1%
10
—
2
6
23% Sep
3% Nov
Jan
11
10% Apr
0
20% July 14
2
■
5% Jan
8
*^5% Jan 13
63
Aug 28
7% Jan
2
80
Jan
7
5% Jan
2
25y4 Jan
2
-—No par
No par
Antelope Coppef Mines—.—
Ruberoid Co (The)
—No pal
l.Ioo
15
48%
%
1
43
113
33
32%
•
*6%
8
/
%
iy«
:
43
43%
113%
*113
113%
•111
42%
8
*6%
43%
105%
105%
112%
*21%
,
*4%
32 %
.A "»#■
.
5
7%
113
♦111
*1
*113
32
%
*%
1%
43%
113%
*104%
,
.
*1
*7%
42%
*111%
31%
%
1%
*4%
'•-5
8
/.
%
%■
*1
1%>
:
*6-42
%
%
*%*1
;
73% Jan
Roan
v.
31
4y4 Jan
14
Jan
95% Jan
-No par
conv
July 19.
28% Nov
May
39
59% Jun 12
Ritter Dental Mfg
100
26%
*14%
.
4
Inc————1
Motors,
42% Jan
Richfield Oil Corp—<
900
•
8%
*26 ya
,
15%
49%
*8
4
Jan 20
100
tCommon
37
,*13%
■
5
8
26% Feb
18% Nov
1% Jan
75% Jun 12
86 y4 July 27
11% July 24
20
May 6
19% Jun 5
8.
Jan
5
85
•
1,600
29%
20
Jun
5% Apr 29
4
-
2,700
*48
14%
7%
*7%
13%
29%
8%
26%
*62%
90%
14 y4
8%
•8
*85
64
Jan
Jan
12
:.
preferred
100
6% conv prior pfd ser A
—100
Revere Copper & Brass—-—No par
11% preferred
—100
t5%% preferred
—-100
Reynolds Metals Co——,
No pur
5%% conv preferred
100
Reynolds Spring——.——
1
Reynolds (R J) Tob class B——10
500
30
Aug 24
69 y2 Jan
Republic Steel Corp—.
6 %
13%
9%
14%
9%.
7%
86%
*36%
*7%
*9%
-
5
34l/4 Mar 30
7% Jun
33% July
ll% Apr
23% May
Jan 14
It'/a Jan
Preferred with warrants——25
;
10,700
83%
7%
37
*13%
.
8%
*83
86%
29%
*36%
2,000
17%
17%
*100% 101
.
82%
*62%
9y8
29%
29%
17%
101
82%
86%
64
16%
8%
17%
101
86%
*36%
38
100
18
56%
*iooy4
9
*17
(Robt) & Co 1st pfd—
100
Corp
No par
Reliance Mfg Co—
-—10
Remington-Rand
—1
Reliable Stores
56%
*8%
17%
29%
18
Reis
400
64
9
100
85
87
29%
130
11
16%
7%
29%
69
11
—100
7
'22% May
,
22% Jan 22
Silk Hosiery——5
Preferred-——
-
*82%
64
8%
9
3%
66%
20
6
14% Jan
2
26% Jan 20
—
17
86%
/
Real
900
84
7%
•
Dee
32
16%
101
83
Dee
12
6
84
*56
8%
17
.
22
26 % Jan
17
63%
90
29%
29
56%
*100%
64% Deo
Jan
83
13.
63%
12%
♦17
Jun
15%
16%
87%
7%
*87
87%
63
18
34%
15% Jun 26
83
.16%.
63%
7%..
87%
*17
99% July 14
29% Jun
*68
.
Dee
3% Deo
2
76
11
•'
7
300
<■"
4%
*3%
6
69% Dee
Apr
54% Jan
21
Jan
11% Jan
*73
69
*10%
84
83
83
68%
11
8%
16%
101
*100%
,4%
76
*10%
*56
%
*3%
*73
68%
68 Vz
*82%
8%
*8
8%
16%
16%
,»iooy4. 101
*82
16%
4
76
18
16%
84
4
*73
16%
11
18
19
*17
16%
85%
*83
17%
4
.
*73
76
.*10%
11
17%
78
*3%
•,
*73
19
16%
4
*3%
4
76
' *61%
:
16%
3% Mar
3
200
33
26%
16%
2
600
30%
16%
*30%
par
1
—
t6% conv preferred—
-—100
Raybestos Manhattan—
__JVo par
Rayonier Inc
1
$3 preferred
—25
Reading Company——
50
4% 1st preferred.—50
4% 2d preferred——
50
420
*26
No par
1st nreferred—No
conv
Radlo-Keith-Orpheum
500
14%
R
Corp of Amer
*2.50
3,900
14%
'
Radio
400
14%
27
14%
30%
30%
9%
68%
8%
68%:
*87%
27
15
14%
87%
28
14%
67%
8%
9%
68%
9%
9%
69
*26 y4
89
87%
87%
*27
28
31
14%
68%
7%
88
88
*26%
9%
68%
9%
69
9%
9%
9%
69
9%
9%
*68%
,
47
Dec
40
Nov
%
Cit
Dec
.
Dee
22%
Deo
34%
Jan
42
Apr
62
Dec
5Va
Jan
8%
3Vs Mar
4%
Apr
3% Jan
43
Apr
116% Apr
3% May
Jan
6%
.4
.
Nov
Nov
6% NOV
55%
.
128
.
Jan
Dee
5%
Jan
15%
Jan
Apr
1%
Jan
~9 %
May
16%
Dec
17%
Feb
26 V8
Dee
11% May
4
1
.3% May
20
Sep
'
4% Aug
25
Jan
THE COMMERCIAL & FINANCIAL CHRONICLE
962
NEW YORK STOCK
LOW AND HIGH
Monday
Saturday
Aug. 28
t per share
31 %
31V2
30%
31
*31
Sept. 1
Friday
$ per share
31%
31%
31%
31%
31%
31%
31%
31 ¥2
6%
,
6 ¥s
31%
32%
32%
33 V4
32%
33
6%
6 V*
6%
6%
6%
share
Sales for
Sept. 3
$ per
31 %
6%
6%
STOCKS
Thursday
Sept. 2
Wednesday
$ per share
S per share
RECORD
SALE PRICES
Tuesday
Aug. 31
5
Aug. 30
Monday, September 6, 1943
the Week
f per share
31%
32%
6%
6%
..
.
YORK
Range for Previous
STOCK
Range Since January 1
Lowest
Highest
EXCHANGE
Shares
31%
32%
6%
NEW
.
Par
2,700
Swift International Ltd—_
3,300
Sylvania Elec Prod's Inc.—No
2,000
.
Symington-Gould
$ per share
29
Jan
Year
$ per share
8
35% Apr
1943
Lowest
Highest
y per share
$ per share
19% Mar
22
par
22% Feb
8
Corp—
1
4% Jan
2
Talcott Inc (James)———
5Va% partic preferred
—50
35
Jan
_5
„3
Jan
5% Mar 16
5
8 3,4 Jan
13% May 29
25
41% Jan
53% July 14
30
65/8 July 14
413/4 July 13
28
35% July
8
8% May 20
15% Aug
3% Aug
%
29%
Nov
25%
Dec
5%
Jan
•v.
'
7%
*7
6%
6%
43%
♦41%
433/s
*41%
4%
4 Va
*4%
4%
*17U
*7
4
*10%
11%
11
11
11
11
11
11
49%
49%
48%
493/4
49%
50
49%
50%
'
5%
5%
;
37%
373%
37%
14%
14%
*14%
14%
5
14%
*10%
10 %
10%
213/8
22%
•
10%
22
22%
10%
*9%
10
49%
47%
47%
11
4
800
•
400
Telautograph Corp_
900
—9
Tennessee Corp
Texas Co (The).
11
11
11
49%.
x49 %
,
30
%
49%
49%
7,300
5%
....
5%
3,100
Texas Gulf Produc'g Co...
par
37
37
36=4
37
1,200
16
16
15%
15%
3,100
Texas Gulf Sulphur—No par
Texas Pacific Coal & Oil
.,-10
36% Jan
16%
5%
10 %
10%'
11
22
%
22%
22%
9%
10%
48%
*47'%
48 %
10%
10
10
*6
6%
*6
*85%
86
'
8 ¥2
46%
46 %
!*14
*29%
10%
10%
2,800
22 3/4
600
10%
103/8
1,900
48%
49
•
■
*22
No
Texas Pacific Land Trust-
14%
*14
30
30
5%
*29%
Na
—No
par
1%
1%
13%
1%
19%
18%
18%
19
19
19
19
133%
13%
13%
13%
14%
13%
100
*99%
28%
28%
28%
2R%
45
45
45
45%
28%
28%
45
: 45
1
8
5
500
1%
1%
18%
19
19
3
Jan
8% Jan
2
4
15
26% Feb
5
33% Jun
14
14%
8,900
993/4
99%
2R%
28%
46%
%
28
45 %'
100
*45
par
1,140
28 3/8
700
8%
8%
3,300
21%
213/4
t$4.50
1,200
46%
Co—No
Timken
Detroit
Timken Roller
Dec
Jan
24%
9%
Sep
Nov
Oct
Jan
42
Jun
3
Mar
52%
Dec
Apr
4%
Jan
Jan
343/4
2% July
33/4
Sep
5%
Jun
93/8
Dec
173/8 July
H Mar
27%
Jan
33%
30
July 23
4
Mar
8%
2 % May
Jan
May 27
3
Oct
Dec
Apr
41
63/4 May 24
2
Nov
8%
18
Feb
1%
Nov
8%
Jan
15%
Nov
8
Jun
10%
Feb
4
85
Mar
97
Dec
Aug
7
34% Mar 31
22
May
34%
Jan
..No par
40 3/8 Jan
20
50
July
7
31% May
43%
Jan
,—2
63s Jan
4
10% May
5
4
Jan
6%
Dec
—5
15% Jan
27
5
6
7% May
8% Jan
18%
11% Jan
1% Jan
8
253% July
10% Apr
43% May
8
par
—1
N<
16
Jan
4
10
93/4 Jan
12
—No par
preferred
conv
1 % Jan
33%
37%
Apn
153/4 July 14
103% May 26
$3.50 cum preferred—
94% Jan
27
par
Tide Water Associated Oil
"
;
par
Thompson-Starrett
1,000
1,300
14%
Thompson Prods Inc——___No
..
73%
5
July 28
93/b July 14
49
Dec
Apr
34%
July 12
Jan
May
>■
4%
88
7
33 Vi Jan
10
Third Avenue Transit Corp..No par
Thompson (J R) ————
__25
14%
30
99%
46
t
8
6
Jan
4
Oct
93/8
42 %
Apr
5
May 4
51% Aug 19
Jan,
52
1
i
4
7 % May
2
Nov
Nov
35:
Apr
1% Mar
11 %
5
Jan
2% Jan
100
r
Co
S3 div conv preferred
■
1,400
18%
28 3%
283/a
46
5%
29%
'2%
220
14
!
100
993/4
100
99
30%
*l3/4
14%
100
*14
Preferred
Thermoid
1,600
45
*5
14%
*14
13%
1%
5%
*30
'*1%
100
1%
14%
30
*17%
'
12
.35
53/4
Apr
32
July 22
13% July 14
28% July 8
7
6V4 Jan
par
4
,
3
18
v
7
17% Jan
par
preferred——No
conv
The Fair—
10
8%
45
46
*5%
30
1%
30%
t$3.60
—
88
8%
8%
*45
5%
*14
5%
63/4
'
5
-
7% Jan
-100
Thatcher Mfg Co_——
30
1
.
Texas & Pacific Ry Co--:
13
8% Jan
Apr
■
88
8%
46
5
63/4
*86
8%
46
46
*6
6%
88
83/4
8%
>
14%
*14
30
*45
5%
5%
5%
15
5%
*6
*86
86
x8%
8%
46%
46
86
'
8%
6%
*6
6%
.
*85%
86
'
8%
*47%
48%
*47%
83/4 Jun 24
45
3% Jan
37%
5
'
*
5% Jan
5
*22
10%
10
*9%
46 %
43 S/8
*4%
.
153/4
153/4
*21
43%'
37%
37%
*37 '
10%
*10%
21%
5
5%
5%
5%
37%
63/4
*41%
7
7%
*41%
43%
4
4
4
7%
,*7
*41%
43
42%
Axle_/.—^10
Bearing-.
'
26% Jun
,
10
'
*20%
14
13%
21%
22% :
*13
13%
3%
8%
8%'
83/a
3%
22%
*13
14
3%
85
21%
14
22%
*13
3%
85%
85
*84%
85
84%
Transcont'l & West Air, Inc
'
3,300
84%
V4
8%
*8%
8%
8%
22%
22%
22%
22 V4
22%
8,400
30%
30%
31
30 3/4
31
30%
30%
Tri-Continental Corp
4,800
100
Transue & Williams St'L/
400
22'/a
8
9
30%
30%
30 3A
99%
99%
~7
~7
"7%
*6%
"73/4
7%
7%
*7
74
73%
73%
73%
73%
73%
9%
9 Va
9%
9 3/8.
9%
9
100
~7
9%
1
Transamerlca Corp
100
3%
.
22%
30%
9%
2,200
14%
3%
84%
3%
84%
J
9
21%
30%
*73%
*13
14
3%
3%
*8%
21%
84 %
*8%
9
3%
'(•
21%
84 3/8
85%
*8%
21%
3%
21%
223/s
'
*3%
8%
8%
'
211/4
*21
21%
*13%
8%
8%
8%
8%
8%
330
100%
7%
73%
*72%
73%
280
9%
93%
9%
55%
93/4
69
.——No par
Corp....
Cen Fox
$1.50
700
9%
20th
400
*6%
73%
74
100%
7%
$6 preferred—
Truax-Traer
.
;
No
—
Na
Jan
90
56% Jun
2%
71
Nov
Nov
par
6% Jan
,9% May. -4
5%
Jun
Corp—-No par
Film
12% Jan
243/4 July 15
7%
Jan
16
34% July 14
100% Sep
3
9% Jun
1
19%
Jan
263% Nov
1%
Jan
preferred—
No
25
par
Jan
$4.50 prior pfd
——No Par
Twin City Rapid Tran
—No par
993/4 Sep
4s/8 Jan
7% preferred
Twin Coach Co
67
1,200
5534
1,400
Under Elliott Fisher Co
__No
9%
9%
4.000
80%
81 ¥2
8,600
Union Bag & Paper
Union Carbide & Carb
—No
'"V
3/4 Mar
May 25
Dec
123% Mar
'
8
1
—
Jan
773% Jun
18
6% Jan
:100
—
113/4 Jun
10
21 %
7% Aug
Oct
6
Jan;
NOV
78 3/4
Nov
7Va
Nov
5 % May
U
*54%
55%
*54%
55%
9%
9%
9%
9%
9 5/a
9%
80%
813/4
81
815/8
x803/8
*116
118%
*116
118%
*112
9 3/3
9%
9¥s
81
80%
81
80%
55%
*54
54%
54%
56
56
9%
81%"
par
118%
*117%
118%
*117%
118%
111 ¥2
111 ¥2
112%
112%
*112
112%
112%
112%
112%
112 ¥4
112 ¥4
70
19%
19 ¥2
19%
193/a
19%
19%
19%
19%
193/a
19%
19 Vi
19%
4,500
98
98 ¥2
973/4
98
98%
98%
99
99
99
99%
x97V2
98
1,900
Union Pacific RR Co.—
91%
92
92
92
92%
92%
93
92%
92
*89%
93
700
26 %
26%
26%
31%
31%
31%
107%
107%
107%
,
26 ¥4
26%
31
.
*
31
107%
*107
28
*114
27%
28
20 Va
27%
*20
20 %
20%
*22 ¥2
24
1
*12
*24 ¥2
92
108 ¥4
108 3/a
1,800
28%
28%
28 ¥2
4,600
20 %
20
20
300
United
62%
400
United
300
United-Carr Fast Corp
United Corporation
63
23
24
1%
1%
31%
12%
12%
7%
12%
*6%
.
73/8
28%
71%
♦59
7%
28%
71%
'2%
2%
24%
4
3%
'•
4
9
9
59
.
12%,
7%.
*7%
113
12 Va
*6%
.„
7%
59%
*59
12%
7%
'
25,300
29,000
3,700
$3
7 ¥4
200
7 ¥2
140
7%
900
United
Electric
700
United
United
Fruit
United
Gas Improv't
2 ¥4
2 ¥4
39,000
24%
25%
X25%
25%
4,000
United Mer & Manu Inc
4 ¥2
1,200
United
9%
700
U S &
25%
25 V2
*4
4%
*4¥a
9%
9
92%
92
921%
93
94%
95
95
16%
15%
16
15%
16
370
14 Ve
14%
14%
15%
16
16
69%
70
70
70
69%
69%
*691%
*175 ¥2. 178 ¥2
*175%
178%
178%
*175%
178%
ms%
178%
175 ¥2
175 ¥2
8%
8%
8%
8%
8%
*8%
8%
8%
8%
500
*42
43
*42
35
*34%
8
43
35
*175%
36
*153/8
112
*110
'
112
*110
6 3/a
6%
9%
9%
*31%
32%
*31%
40
*38
*38 ¥4
383/4
40%
;
6%
*9%
9%
321/4
32%
32%
32%
*32 ¥4
40%
39
39
*39
40
39%
39%
*39
40
40
40
39%
*9%
9%
9 ¥2
9 ¥2
42%
42%
42%
127%
127 ¥2
127 ¥2
523/4
53
523/4
53
70%
51%/
49%
2%
2%
II934
2%
2%
23'a
*78
79%
15 %
15%
16
70%
70%
70%
70%
70 34
52 Va
52%
52
52%
51 ¥2
52
119%
119%
llwTi
119%
119%
120
23%
23%
1193/a
24
24
48%
48%
119%
3
3.
2%
23/a
*78
79%
*15%.
*4%
4%
34%
65%
16
*4%"
*33%
24
*33%
2%
79
5%
*32%
66%
*157
3
*15%
4%
34
*65%
♦48
160
651%
160
24
48%
*48
^
*3
2%
3%
*48
,
3¥8
,
900
-
300
500
16
*15 V4
65 y2
160
*15 Va
16
Feb
77 ¥2
Apr
84 ¥2 Jan
2
97
July 15
9 ¥8 Jan
8
19
July 13
59
Jan
173
Jan
19
53/a Jan
17
30
Jan
par
4
Jan
par
—20
.—10
4
43
9
Aug 23
29 ¥« Jan 13
29% Jan 13
32
' Jan
41
34%
Jan
4 ¥2
July
99
Jan
42
2
H
44
46
5
25 % J an
64% Jan
473/8 Jan
Jan.
Dec
Jan
Jan
59% July 15
44
23
68
¥2
250
160
"
60
20 Va
700
IO1/2
900
Van Noxman Mach Tool
2.50
8% Jan
7
33
100
Van Raalte Co Inc———.5
25 ¥2 Jan
11
Vick
Leaf Tob._
par
.No
preferred
par
100
4% Aug 25
July
59 ¥4 Jan
150
9
15
Jan.12
¥4 May
107% Jun
553/4 Jan.
1193% Jan
15 ¥2
6
393/4 Mar
46 ¥2
3% July 19
% May
1%
6
143/4 Jan
54
5
1% Jan
33
7
July 19
,_1
—1
13% May
71
Stookyards Corp.
..No
Mar
Dec
50 ¥4 Aug
Inc.
Dec
1
¥2 Aug
51%
29
5
Aug
27¥4
4
13
Dec
30 ¥4
3 2 s/a
Apr
1033/4
125
Jan
29 ¥a
26% May
-
Mar
8
3/4 Jan
May
Oct
Jun
20
July 22
May
8
56
22 ¥
14%
114
37 ¥4 Apr
58
Apr
62
42 Va Jan
5
Jan
71 ¥4 July 26-
7
112
Jan
'
9
129% July 23
13
par
7
33/8 May 10
21 ¥2 Jan
-a-
Sep
2
July
¥2 Jun
25
Laboratories
Jan
Apr
37 ¥0 May 25
15
8
Universal-Cyclops Steel Corp—1
Dec
6 3/4
8¥a July 19
9% Jun 10
4
Universal
Dec
174 3/a
Apr
Apr
110 V2 Aug 24
Jan
100
64
May
¥2
Jan
6
Jan
par
Jan
2 Va
v
par
No
Feb
113/4
24 ¥2
16
8
50
preferred
87
34 ¥4
15
46
No
40 ¥4 May
Oct
Mar 26
Jan
101
100
159
93/4 Mar 25
6% Jun
4
<
13% Jan
108
__100
—
73% July 19
17
x42% July 14
73/4 Apr 26
19% Apr • 8
—50
No
6% May
181 ¥2 Apr
17
39% Jun
par
,_I
1
29
—
Universal
5
par
100
81o
16%
Dec
60
'
Apr
4¥e
43/4
67 ¥a
11%
5%
"33%
160
27
Sep
*4 ¥4
65%
Jan
Apr
33 ¥2
160
Feb
72 ¥2
2%
4%
65%
35
Jun
2%
33%
160
Jun
48 ¥2
4
1
Preferred
Sep
25%
Apr
6
*4%
-
6 ¥4
8
76% July 6
2% July 21
May
5% Apr
33%
34
3% Mar
Jan
13 ¥4 May
No par
preferred—
conv
Dec
Nov
6
-.10
Tobacco Co
$6
8¥a
50
6
United Stores class A
9,700
Aug
3 s/8
Apr
33 ¥a
4
...No
;
United
2%
16
Co
Apr
1%
3
5
Dec
43/4 Jan
...50
1st preferred
1,100
803%
35
4 ¥2
30
Jan
July
9¥eJun
4
._1
3¥a
2%
14% July 26
12
...__10
....
U S
79 ¥2
5 ¥8 Jan
26 ¥2 Jan
100
100
2%
66
Feb
A °ct
•18
3¥a Jan
—
1,000
79%
9
4
100
cl A—-.
48 ¥2
2%
20
Jan
July
Dec
16 3/a Jan
—No
1,500
79%
4
7
.__5
Smelting Ref & Min
7%
Jan
a7a
11 '
Oct
Oct
¥2
1
.
U S Steel Corp—...
Preferred
*
58
10
Corp
—
Preferred
14,300
79
4%
t.c.J
'
preferred..
conv
Rubber
8%
U S
Jun
¥4 May 10
May
Jan
No par
v
No
23 Va
23%
48%
U S
8,800
-
703/4
523/8
4%
160
,
7% Jan
16
tU S Realty & Impt
3,600
.
16
2% Jan
2¥a Jun
U S Plywood Corp
1,800
70%
34%
*157
1%
51%
*4%
65%
1%
*70%
.
34%
65
2
3
2
38 ¥4 Jan
ex-distribtion.
Chemical, Inc._No
Preferred
37
34% July 14
9
U S Pipe & Foundry
U S Playing Card Co____
100
42%
127%
52%
1%
Partic &
500
127%
*1%
2
conv
Indust.
U S Lines Co
500
52%
52
■
S
113
1
♦
.
60% Mar
tPrior preferred
;
2,200
•
127%
2
30
2,500
33
:*39%
53%
*483/4
160
400
112
*6%
127%
50
*157
*1)0
6%
127%
53%
*23%
65
11«%
6%
1K%
6%
1273/4
53
3 Va
*15'/a
16 ¥4
*126%
24
79 ¥2
16%
*16
423%
119%
24"
*2%
16
42%
513/8
*78
16%
5% %
1043/4 Mar
11
Feb
Feb
17
Jun
x26
ii Jan
5
U S Leather Co
42%
*70%
3
U
300
41%
51%
*483/4
400
534
41%
70%
119%
45
36 ¥4
41%
51 ¥4
24
*43
10
18% Jan
17% Jan
20
*35%
*5
7%
30
9% Mar
69 ¥2 Jun
par
preferred—;
45
5%
114
55 ¥2 Jan
par
—No
,
U S Hoffman Mach
36
,*5
32
'
7%
-
;89
8
No par
36
5%
112
Co
*43
36
1%
*70 3/a
119%
9%
1,200
3t
33% July
22% May 12
8
109% Jan
100
par
114 ¥2 Jun
.
'Jan
10
U S Freight Co
U S Gypsum Co
2,800
70
1%
53
53
6%
45
693/4
*1%
41
127 ¥2
127
*110
.
70
40
32 "
39
*15%
6%
*38
39
*38
1%
1%
110
6%
40
5%
15%
*9%
32 %
*38
35%
5%
110
6%;
9%
*43
36
15%
*9 ¥4
*6 ¥2
43
5%
15%
*15%
15%
43
*34%
5%
5%
5%
*5
3/8
Jan
May 27
16
.100
1st preferred
$6
30
8%
*8 ¥4
'
81 ¥2
Dec
—
Faperboard
Foreign Secur
'
Jun
203/4
93% Jan
—5
2%
*9%
Nov
1043/4
Cos
2%
69 ¥2
14 ¥a
*69
Coal
2%
41%
85 ¥4
Apr
Eng & Fdy
1,900
29
73 ¥4
9%
Jan
74 Va
July 22
17% Jan 20
par
1
29
9%
Dec
63 3A
Apr
...—
73 ¥4
Jan
16 3/a
y36%
Corp-...
73%
Nov
108
,
29
*4
113 ¥2
May
Jun
No par
——
Dec
Aug
No par
2V4
4%
10
Jan
21 ¥2
No
73%
"
5
22% July 14
102 ¥2 July 16
Dec
¥4
23%
..No
—
28%
■
108
May
100% Mar
Apr 29
May
46
40
5
preferred
Preferred
83
28 ¥2 Mar 30
No
.
United Drug Co
United Dyewood
'
60
9
Apr
24 ¥4 Jan
25% Jan
par
100
72%
9%
*92
1¥4
32%
31%
114
Sep
58
96
...
preferred
Co
xll8
153/a Jan
—5
Co—
Carbon
Jan
105% Jan
Jan
7¥a
26
79% Jan
No
—
293/8
71'%
25
4%
23%
l¥a
32V'4
*6%
60
7%
*22 ¥2
1%
.
'
*9
92%
12%
7%,
...
*29
2%
25
12%
7
60
7%
92%
12%
7%
*58%
72
24%
22%
31%
'62%
Biscuit
28%
2
863/8 May 27
80% Jan
preferred
conv
5%
63
x22%
1%
5%
Car
Un Air Lines Transport
*114
63
3iy4
2%
92
108%
28%
*20
1%
9
9
108%
Tank
July
113/4 Feb
Jan
..100
United Aircraft Corp—
*114
63
24
283%
71%
24%
*3%
*114
63
*223A
59
*27
23/8
2%
.
Union
7,000
31%
7%
7%
28 %
72%
2,500
32 ¥2
1%
*6 %
7 Va
2 7 ¥2
31%
12%
58%
72 ¥2
201/4
27 V2
32%
59
Jan
100
preferred——.
32%
291/4
20 %
4%
•27%
1%
7
*28 ¥2
28%
20%
27
%
32%
.
31 V*
59
*6%
59
108%
107%
28%
*61
24
1
30%
12%
£
'
26%
33
*114
*22 3/4
1V8
303/4
30 ¥4
26%
32%
283/8
63
*61
63
263/4
32%
107 ¥2'
*20 ,*
*114
-
*61
*91%
Jan
8
Union El Co of Mo $5 pfd— No par
Preferred $4.50 series
No par
Union Oil of California
:_25
118
*116
42
79
par
*117 ¥2
.
-
No par
Apr
%
Apr
24
•
Jan
Jan
Oct
2% Jun
1
1
Oct
80% Sep
3
3 4 5/a May
60 ¥2
Dec
20% July
6 ¥4 July
...
2
12
July
153A Nov
2
7
41
May
18
142
Apr
Apr
41 y4 July 16
75 ¥2 July
161
Jun
61
152 ¥2
Oct
Dec
V
19
*10
*19 ¥2
20
10V4
19
,
*10
10
31
♦118
*31
32
122
31
*118
20
¥4
122
20%
20%
20 Va
103/8
10%
10 ¥2
10 ¥2
*31
32
*118
*31 ¥2
*118
122
122
33
*31%
*118
33
122
*31%
*118
•
7%
42%
*41
41%
*41 ¥2
42
42
42
70
42
42
*62
70
200
*64
70
*64
70
*64
70
10
*60
68
*60
68
*60
68
24%
*24
24%
*24
24¥a
100
3%
1,300
75
*60
65
*24
24%
*24
24%
3%
Vanadium Corp of Am—
122
*41
*62
*60
3%
*3%
3%
49 ¥2
122 ¥4
33%
*31
36%
35
,
105
*143
*143
*3%
3%
48%
36%
35
*102
24%
*122 ¥4
33%
*35%
34%
105
65
24%
49
X123
*31 ¥4
*60
123
*48¥a
*48 Va
122 ¥4
34%
20 ¥4
10%
65
65
*35%
19%
10 ¥4
42%
*41
*102
20
10 ¥a
—
48 3 4
123
*31
33
36%
1
%
35%
104
*143
■
3%
49
*122 ¥4
36%
35 ¥s
104
*24
—■*
*33
*35%
*35 ¥e
*102
3%
49 Va
123
34
36 ¥2
.36
105
*143
.
3%
49%
334
49%
'
334
*49%
*122%
123
*33%
35
*33 V*
36%
*35%
36
*35¥'8
*35%
*35 ¥8
*103
105
*143
123
104
50
60
34%
Co
Victor Chemical
6%
El
Pow $6
361/2
200
36
400
230
*143
12% Feb
14%
Jun
7¥4 Jun
19
1123/4
Mar
20%
Jan
11 ¥2 Mar
26
Dec
Mar 15
118
Jun
12
41
Jan
7
44
Jun
22
30
May
42
Jan
22
65
Aug 28
50
55
Jan
57
Feb
15
67¥2 May
July
Sep
60
Nov
25 ¥2
Jan
.—5
115
22 ¥2 July 31
2 ¥4 Jan
26% Feb
6 3/8
No
par
100
39
Jan
68
No
pref
par
116
Jan
xl23
pfd—100
-
1
1
Aug 30
55
18 3/4 May
1
22 ¥a
Jan
Oct
Dec
Jan
21 ¥2
Nov
313/4
Jan
Apr
May
Jun
Mar
Jan
-100
113
Jan
148
Oct
40 ¥4
24
80
Dec
117 ¥4
26
110
2%
July
Jan
39
July 29
35% Aug 31
29 ¥4 Jan
116 ¥4
1103/4 May
14
100
Vulcan Detinning Co.—
Preferred
...
July
¥2 July
6
15
Jan
353/8 July 16
Jan
27
25
-
4
20 ¥2 Jan
23
Virginian Ry Co
6% preferred
25
100
Works..
Va Iron Coal & Coke 5%
104
253/s July 15
36% July 14
100
div partic preferred
&
4
51
100
—
Va-Carolina Chem
Va
15% Jan
.—5
preferred—
Chemical
Vicks Shreve & Pac Ry—
5% preferred
400
123
1st
No par
Aug 18
70
Jun
15
120
293/4
Oct
96¥s Mar
138
Jan
W
34%
34%
35
35 ¥4
34%
35
35
36%
35¥2
30I/4
35»/2
36¥a
10 Va
10 ¥2
10 ¥2
10%
RR
10%
2,200
Wabash
10%
10%
10%
10%
10%
10%
800
Waldorf
26%
26%
26 ¥2
26 ¥2
System
*26i/a
26%
*io¥2
*26¥8
261%
400
*1043%
108 ¥2
Walgreen
*104%
109%
*10434
109%
"106
For
110
footnotes
26 ¥2
26%
26%
109 %
*103%
108 ¥2
*26
*103%
see
page
963.
4 ¥2 %
Co
*.100
preferred
24 ¥2 Jan
4
No
;
preferred with warr
par
7¥2 Jan
5
No
par
20% Jan
2
Feb
10
.-100
103
38
July 23
11% May 29
28 '/a July 15
21 ¥4
16
Apr
10
97 ¥2
Jun
102 ¥«
Oct
109
Jun
July
6 ¥4 Mar
30%
Jan
7%
Nov
20%
Nov
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4209
158
NEW YORK STOCK
LOW
Monday
1
Aug, 28
*47%
477/a
*18
is y2
*9%
Sept. 1
7%
473/4
473/4
47%
47%
*9%
*
p/4
*44%
47%
*45y8
:'45%
12%
12%
12%
12%
8913
*89%
89 si
♦24
25
*23
45%
25
9%
*9
1%
1%
*1%
*45%
23
'*23
'22%
.223/4
223/4
223/4
I
*15 Vb
15%
*15%
15%
*5%
6%
6y8
6/4
233/4 \
*23%
24
*73%
77
♦733/4
6%
25
77
*733/4
•
14%
14%
14%
143/8
14%
84
83
83
96%
96
96%
96
96
86%
86%
86%
86%
86%
116%
116 %
116%
116 y8
*116%
116 3/4
14%
>14%
*83
•
14%
*14%
33/4
*3%
•7%
,83/4
'
33/4
83/4
'
*7%
143/4
109
v
;vi43/4
•.
v
*
1 - - 8% Jan
par
• * 58ya Jan
—100 — 67% Jan
6% preferred
;
100 "•
57
Jan
fWest Penn Pr Co 4%% pfd
100
109
Jan
West Va Pulp & Pap Co
No par ~<ll%.Jan
t6% preferred
10O
103
Jan
Western Auto Supply Co
10 --19
Jan
Western Maryland
100 •2% Jan
4% 2d preferred—1
„—100 • - 5% Jan
Western Union Telegraph
—_100 < • 26% Jan
Westinghouse Air Brake
No par
- 15% Jan
West Indies Sugar Corp
West Penn El class A
7% preferred
*
14%
220
1,700
I
29% /29%
,90
1,800
*3%
*8
>:
33/4 ;
8%
33/4
73/4
21%
21%
21%
26
*25y8
26
109 y4
109
109 %
110
92%/
92%
*127%
128
127%
37
*35% ,36%
36%
*253%
26
*25%
1103/4
26
110%
HO3/*
*110
;
.
3,500
1
26
100
Weston
,
•.
10O
*57
59
*57
59
*57
59
*57
60
*57
60
*57
60
,
*94
95%
*94
95%
*94
95%
*94
957/a
*94
95%
*94
95%
;
213%
22
x213/4 /213a
'
67%
68
*67%
.*67%
187/a
*18%
21%
21%
21%
9%
10%
*5%
5%
21%
21%
67%
*67%
67%
19
*183/4
19
-
*67
67%
67%
*18%
19
*183/4
20%
20%
9%
5
.
••
♦18
21
21%
9y8
9
9%
53/8
5%
5%
21
8%
*5
,
■r
70%
*24
*67%
70%
*67%
72
♦24
26
*24
26
21%
18%
21%
10
■
18%
'
72 ;,.
*70
*24
26
*5%
5%
5%
*7%
71/4
6%
7'/a
7
7%
7ys
*12%
12%
12%
12%
JL23/4
123/4
53/4
53/4
7
53/4 -53/4
-
7%
/
i■—
5%
;
White Sewing Mach Corp
t$4 conv preferred
Prior preferred
Wilcox Oil & Gas Co..—
Willys-Overland Motors
6% conv preferred
Wilson & Co Inc
...
$6 preferred—
Wilson-Jones Co
Wisconsin El Pow 6% pfd
100
i
v
1,000
7.
5%
.
White Rock Min Spr Co
I 200
72
26
53/4
1
No par
;
1
18,100
5%
6,600
'
7%,
■
123/4
123/4
-
6%
s
12%
12%
12%
I
900
'
73/4
77/a
7%
-
78
*10%
11%
*20 3/»
38%
38 % ;
38%
*18%
19%
19
*116
134
110
*79%
11%
*103/4
11%
11%
11%
*118
*20%
110
*105
-
*116
110
*105
110
*48%
50%
*48%
*49%
52
*49%
*84 %
88
*84
88
'68
*67%
68
68
30
;18%
18
18
31%
183/a
1337/a 139 13%
13%
353/4 36%
95%
96
31
-
136%
136%
138
♦137
30%
18
30
30
18%
•13%
13%
94
353/4
95
95%
12%
12%
J2%
313/4
33/4
31%
35%
94
13%
35%
13%
35%
,
♦
*12%
13
*31%
31%
31%
♦33/4
3%
33/4
;•
,
*48%
88
88'
69%
*68%
3134
18%
*30%
31
18%
18%
140
140
14
14%
36
36%
94% 95
' 18%
139
133/4
36%
140
133/4
95
95
12%
13
13
32
3%;
•
363/4
32%
;
•
"
f
"
f
*
89V2
<
70
-
200
%:
-
-
■
*68%
70
-
30%
30%
18%
18%
138% 139
*13%' 14
0.
<■
-
357/a
■
*13%
33%
33/4
2,200
this day.
tin receivership, a Deferred delivery,
AName changed to Sinclair Oil Corp. -
n
New Stock,
-
No par
No par
.10
i
Jan
Jan
Jan
Feb
July
Jan
Jan
Jan
8
9
2
20
15
30
9
9
15
21% Jan
100
118% Jan
97
s
x
20 %
10% Nov
91
Jan
Deo
20
3%
Jan
8%
Jan
30
Feb
83
Doc
127
63% Apr
Oct
19%
Feb
Jan
109
Aug
23
32%
5
22
Apr
Mar
100% Jun
42% Deo
80
July
17% Deo
58Va Dec
12% July
1083%
223/4 Aug 11
70
Feb
18
104%
9
24% July 22
71% July 14
24% July
421% July
243/4 May
145
Jun
130
Jun
54
Jun
57% Jun
108
Apr
Jan
Jan
113% Jan
1
3
Aug 18
10% July
6% July
86
Apr
26
July
63A July
9% Jun
14% July
8% July
803/4 July
11% Apr
116% July
Jan
93
13% May
July
Nov
104
May
May 29
Jan
*71%
7% Aug
34
Apr
41% Apr
36
Apr
102
Feb
Deo
31%
Jan
Oct
50
Apr
93
Jan
27%
Feb
69%
Jan
15% Deo
12
Jun
15%
Jan
26
30
3
Mar
5%
Nov
1% Apr
3%
Jan
30
40
53
Jan
22%
Jan
Apr
2%
Deo
Aug
Apr
2% Oct
30
May
15% Apr
19
28
14
27
29
1%
1%
4%
3%
51
6
27
107%
Jun
16%
21%
14%
117
106
42%
44
80
Dec
May
Jun
Nov
Nov
2
3
7
12
22
1
18
20
Mar 23
31% Aug 31
18% July 19
Jan
73% Jan
110%
Oct
Jan
24
31
Deo
213/a
Jan
125
July
117
Mar
jun
54
Jan
Jun
Jun
104
Jan
62
Jan
571/4 Jan
Apr
153/a
Jan
10%
23%
Apr
111%
141
Dee
63/a
Sep
Sep
39
r
8%
Jan
Oct
14% Nov
4
July 24
17% July 13
30\
Jan
6
41% July 14
28%
Jun
37%
82
Jan
4
78
Jan
87
Oct
9% Jan
2
97% July 17
16 3% Jun
7
7
May
12%
Jan
8%
Feb
7% Jan
No par
2
1
Ex-dividends,
J an
2
Ex-rlghts.
y
5
37% July 13
43/4 May 10
19% Jan 12
-No par
Special sales,
July
23%
<21% July 20
12
> r Cash sale,
3
15
May
59% May
5
112% Jun 23
60
Apr
6
2
Zonite Products Corp—
l3/4 Jan
3
Jun
.July
29% May
13
12% Jan
Zenith Radio Corp
Oct
Nov
July 15
136
40
2
8
15
19
2
2
6
2
4
27
Jan
Jan
88
14
18
10'/a Sep
5
17%
30i/a
16%
112%
105
443A
46
100
19
11% Jan
2
Apr
Apr
Oct
39% Jan
97
Sep
123/« May
2
Apr
4% May
Sep
Dec
13% Jun
12
Jan
,
May 22
9
Jan
8%
803/4
24% Oct
Aug 18
20%
6%
11%
40%
24%
Oct
29% Nov
May
Mar 29
2
5
12
Aug 19
Jan 15
Mar 13
9
115
<
*65
16
Jan
40
Feb
109
4
13% Jan
3% Jan
2% Jan
16%
4% Apr
5
5
2
2
2
7
x20% Jan
2%Jan
2% Jan
8
Jan
4% Jan
57% Jan
5
1
;_10
16
6
119
25
1
1,500
3%
NOV
Aug 19
Jun
3
4
Youngstown Steel Door.
Nov
1
8
Jan
(Wm) Jr (Del) —No par
1,800
33
3%
•■
6
% May
2
Preferred
*
-100
Young Spring & Wire
No par
Youngstown S & T__
No par
t5%% preferred series A._—100
170
.
2% Jun
29
98
87
- 18
Jan
2
• 58% Jan
5
-15
Jan 14
No par
.20
Yale & Towne Mfg. Co..
Yellow Truck & Coach cl B
1,200
,
4
58Va Jan
Wrlgley
4,400
13%./;
33
....
1,100
14,100
1 570
36
-
95%
95 /
<
•Bid tnd asked prices; no sales on
reduced from 100 to 10 shares.
900
483A-
-,7 88
13%
3% :
33
3%
;
70' V
13
33
3%
3%
.--:
50
88
6,000
i
4
Jan
Jan
-
-v
Woddward Iron Co.....
10
Woolworth (F W) Co—
.10
Worthington P & M (Del)—No par
7% preferred A
100
6% preferred B
——100
Prior pfd 4%% series
100
Prior pfd 4%% Conv series—100
Wright Aeronautical
No par
100
*48Va " 50%
*48%
52
52
110
*48%
50%
*
381/4
119% -19%
*105
*30%
68
'
i
21
*116% 134
-
*84%
52
88
300
i
?
373/4
,
*49-
50%
52
*85
.
19%
*677/a
50%
*49%
♦67%
38%
*49%
*48%
Hi/4
*20%
-
•
*116% 134
*105'
110
134
1,000
*118
__
19%
19%
134
19,600
80
■
*103/4
201/4
38V4
39
193%
193/g
*116
*105
134
.
80
20%
20%
38%
39%
193/a
*118
;
*20%
21
38%
38%
"
8ya
8
80 /
•19%
*116
♦105
79%
213/4
*20%
22
8%
79%
*118
*118
*118
8
8%
8%
793/4
11%
j
11%
*103/4
8
7%
■.79%
73/4
79
78
*77%
■
...
3,200
10
*70
53/4
White Motor Co
21
*5Va
<
.
*24
53/4
-
V93A
'
•
5%'''•■■:
81
120
31
- 24%
106%
52
85
Wheeling Steel Corp..
No par
$5 conv prior pref
.No par
White Dental Mfg (The S S)
20
1,300
60
J
68
20%
10%:
*5%
Wheeling & L Erie Ry Co
5%% conv preferred
i
21%:
*18%
72
*24
12%
68 </
«
26
*70
26
70%
.
••
20%
93/«
5
*
■
21
21
21%,
21%
v
Elec Instrument
$4.50 preferred—
240
;
50
—12.50
No par
No par
100
100-
Westvaco Chlor Prod
.1103A
=
50
Westinghouse El & Mfg
1st preferred
*
3,500
J
10
i>,
-36%
*25%
1103/4
3,000
.
128.
700
; 400
,.
; :
93
*126%
*353/4
127%
5
-
73/4
213A
HO3/*
25%
v
92%
92%
21%
25%
♦109
<
4-,
36%>
37
*353/4
37
<
*36
128
*127
*353/4
92
92%
91%
91%
37%
■„
73/4
21%
21%
128 !
*3%
73/4
21%
21%
.< •
29
17% Jun 19
843/4 Aug 19
4
-
190
86
*107%; 109-..
,
29%
36%
*25%
■"
2'% Jan
8
17% Jan
4
69
Jan 21
7,100
115% 115%
'
14%
.
36
213/8
%
85%.
36%
21%
90 3/4
85
r
35%
21%
*127
-
20
29
-«
No par
No par
,«_No par
350
83/4
35%
91%
,4
5
>
107y2
•
4
i
143/4
.
*
'
•
29
12'/a Jan
14%
41% Nov
32% Apr 21
23'/a Sep
l
17% Jun
2
26
July 23
8*4 July 8
26% July 2
77
July 15
17% Jan
83%
31% Apr
13% Mar
89}§ Aug 27
-
share
5% Nov
30
25
153/4 July 15
1
Webster EisenlohrWesson Oil & Snowdrift
$4 conv preferred
July
t per
3% Apr
7
5
143/4
**.
56
Highest
t per share
5
May 13
Jan
Waukesha Motor Co—
96% ;, 963A
96%
115% 116%
147/a
107
28%
33/4
3%
35%
128%
86 %
15%
r
Jan 20
Wayne Pump Co—
<100
77
*74
5
4
200
2,500
1,100
,,.24'% <•••243/4.
Jan
Jan
200
.'..8383y2
*95'A
1167/8
<
♦
2
23
Aug 31
15% Jan
4
z—No par
No par
Fdy & Pipe
Washington Gas Lt Co
1,000
63/b
*7%
-
35%
,
ey8
14%
*83
95%
.
223/4!
63/e
.
Warren
100
16;
77
85
25
223/4
-
243/4
83%
107
28%
353/8
91%
$3.85 preferred
24Va
76%
15
"
*116%
107
35%
36
200
*15
24%
86
36 %
*127
4%
%
36
7%
79
'
'
'
No par
No par
50
5
No par
7,900
*23%
77
;
95%
|
143/4
14%
28%
28%
28%
283/6
•107
107
107
;*ioe% 107%
Class B
$7 preferred
Warner Bros Pictures
13y8
•
23%
23%
25:.,
-A
*83
83%
23%
15%
6%
14%
<
86%
14%
Ward Baking Co cl A—
46%
•
*24
'6%
•*75
*95
3%
15%
24
6'A
1
24
-24
233/4
77
24
6 Va
*83%
*28
23%
15%
23%
24 %
*24
,24%
38% Jan 12
15% Jan
4
*45%
25
•
23%
;* 15 l/a
*23%
*24
23%
16
24%
No par
No par
—
23
*23%
Walk (H) Good & W Ltd
Div redeem preferred
l7/a
13
93/4 jun
50% Apr
18% May
13
May
2% Mar
100
10
13%
4% Jan
400
18
47
13%
13%
t per share
No par
900
Year 1642
Lowest
t per share
Walworth Co
1,700
*l3/4
1%
*45
47
13%
Par
100
18
''-'*9%
10
89 si
22%
22%,
*15 Ye
18%
9%
13
,
*473/4
Range Since January 1
Lowest
Highest
Shares
7%
483/4
7%
48
*18
18%
*18
7%
47%
48
45%
12%
*89%
*89%
7%
7%
l3/4
1%
l3/4
7%
the Week
s per share
Range for Previous
NEW YORK STOCK
EXCHANGE
Sales for
Sept. 3
$ per share
10 y4
*9%
" 10
l7/e
•
47%
18%
*18
18%
*18
10
*1%
'.
7%
Friday
Sept. 2
$ per share
$ per share
7%
*7
7%
STOCKS
Thursday
Wednesday
Aug. 31
I per share
I per share
7%
Tuesday
Aug. 30
Saturday
RECORD
SALE PEICE8
AND HIGH
963
121%
7% Nov
Apr
20
1% May
I Called for redemption,
Deo
Jan
Dee
2% Jan
t Unit of trading
□c
Transactions at the New York Curb
Transactions at the New York Stock Exchange
Daily, Weekly and Yearly
Daily, Weekly and Yearly
Stocks,
Week Ended
Sept, 3, 1943
Shares
*
and Miscel.
Bonds
Stocks
Railroad
Number oj
United States
Foreign
-
Total
Government
-
Bonds
■
Bond
■'
Shares)
Week Ended Sept, 3,1943
$1,657,000
$59,000
188,590
334,870
—
Monday
18,000
6,763,000
Tuesday
239,000
2,000
6,275,000
Wednesday
140,800
5,539,900
254,000
9,000
4,910,000
388,000
19,000
5,802,900
5,317,000
Thursday
397,875 \
Total
3,795,500
254,000
6,034,000
490,355
—
$1,000
6,491,000
567,846
—
286,000
614,420
Monday^
Wednesday
Thursday
$49,000
$29,610,400
2,593,956
$1,480,000.
$28,081,400
,
Domestio
Government
1943
Stocks—No.
of shares—
>
1942
94,885
501,000
22,000
2,000
142,685
,
687,000
5,000
4,000
526,000
1,000
Total
<
644,000
10,000
"¥,000
531,000
10,000
7,000
548,000
665,845
$3,040,000
$68,000
$19,000
$3,127,000
.
8.
Foreign
Railroad
&
Industrial
$31,500
$2,297,425
1,786,000
84,658,600
28,081,400
$29,610,400
Total
are
the daily closing averages of
294,825
$3,040,000
$3,376,000
68,000
43,043,700
2,368,204,200
62,000
19,000
Domestic.
$5,636,900
86,322,500
■,
Foreign government
Foreign corporate
1,355,196,700
1—
Total
$44,861,200 $2,455,160,225 $1,427,156,100
Stock and Dond
Below
673,845
2,000
Jan. 1 to
1943
54,537,492
Sept. 3
1942
11,643,400
Bonds
$49,000
1,480,000
Government
1942
659,000
68,706,152
213,516,802
Bonds
tJ.
525,000
696,000
527,000
121,040
Stocks—No. of shares
1,538,040
2,593,956
Total
$172,000
121,240
—
Friday
1943
1942
$1,000
$151,000
45,195
Sept. 3
1943
Corporate
$20,000
Week Ended Sept. 3
Jan. 1 to
Week Ended Sept. 3
Foreign
Foreign
of
Soles
Bonds
Bonds (Par Value>
(Number
$1,598,000
3,508,500
•
Exchange
*
$3,127,000
$152,103,000 $111,455,500
10,023,000
2,848,000
1,002,000
549,000
$3,440,000 $163,128,000 $114,852,500
Averages
representative stocks and bonds listed on the New York Stock Exchange as compiled by Dow, Jones & Co.
-Bonds—
-Stocks10
30
20
Indus¬
trials
Date-
August
Rail¬
roads
135.79
28
34.17
18
Utili¬
-
10
'
Total
ties '
Bonds
Total
10
First
Second
10
65
Indus¬
Grade
Grade
Utili¬
ties
Stocks
20.89
47.01
trials
Rails
Rails
107.70
101.63
63.45
110.99
40
95.92
135.73
34.13
20.87
46.98
107.66
101.49
63.36
111.12
95.91
136.62
August 30.
August
31.
34.55
21.17
47.39
107.64
101.64
63.80
111.08
96.04
September
1
137.12
34.65
21.34
47.57
107.61
101.76
63.78
111.08
96.06
September
2
137.11
34.55
21.33
47.54
107.63
101.91
63.80
110.96
96.08
September
3
137.18
34.35
21.27
47.48
107.64
101.79
63.60
110.97
96.00
CHRONICLE
THE COMMERCIAL & FINANCIAL
964
Bond Record «» New
FRIDAY
»
NOTICE—Prices
The italic letters in the column
Treasury 4s
_.
Treasury
Treasury
A-0
Af-S
2'As"-::::::::--i962-i987
Tret i'iry
Trealiry
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
2 'A s_
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury 2s
J-D
M-S
*111.30 112
108.15
111.26
j-d
*111.26 111.28
108.21
111.24
J-D
*112.4
108.26
*103.27 103.29
M-S
*106.31 107.1
J-D
*105.23 106.25
.U-1948
—.1949-1953
1950-1952
,—1952-1954
-
March 1950-1952
Sept 1950-1952
—1951-1955
—.1953-1955
June 15 1948
;
:
Af-S
103.24
Yv-Z
.19%
A-0
High
,
26
18%
:
25%
19%
18%
25%
26
18%
19%
'*17%
•
31
Y
25
17%"
24%
'
19%
33 V
•
*17%
18%
17
24%
;
;
19'/a
f/" 33Y: 3:;
17%
17%
18
V.'17%
17%
18
10
.1962
.1960
M-S
.1960
M-S
16%
.1951
J-D
24%
"•
24%
24%
17'/a
M-N
M-N
9
J-D
*106.15 106.17
104.30
J-J
*101.28 101.30
101.25
106.23
107.8
10Ts"
v
24'%
18%
23%
17%
24 Ye
104.20
104.20
101.11
100.26
100.28
100.14
100.23
100.15
101.2
■.
,
__
*105.5
101.2 ;
J-D
100.12
101.4
100.9
?'■
V—
J-D
*101.21 101.22
102.7
102,2
102.27
100.10
100.10
54%
14
52%
3
,23%
100 h
40
.
17
3
.
Y;.'- 39
ioo
series
sink
60
58
29
.19
>
J-J
J-D
*102%
•
95%
; 101%
102%
95%
95%
16
•
72%
Y
*104
134% Y
134% 134%
A-O
56%
1952
A-0
1942
J-J
70
1955
F-A
68%-
135
'■
38%
::.;v 1
*56%
96%
107
106%
.
56%
103
104%
30'%
Y
56%
56%
*
1962
M-S
A-0
1940
1961
M-S
1969
__
47%
74
68%
36
V :
45 '■ Y
69
62%
26
V
42%
65
69%
87'A
; *87%
•
__
.
*87%
V
A-0
1969
112
70%
67%
50%
a-0
i Customs Admin 5%s 2d series
:
' 68%
A-O
5%s__
89:
■
92%
•V 72
J-
86%
A-O
5'As
fund
1st' series....
5'As 2d
series.
AEstonia
101.9-
*101.8
—
1953
....
§ A2d
'
*102%
__
J-D
ser A. .1951
37:
1
F-A
.1945
(Rep of) 8s
,-J
38
30%
30% i 38
23
52%
48%
37
40
.100
F-A
.1977
•.
'
•
: ■'"•'H"
64
38%
24
„
48%
—-v:
Y
64
52-r
*36%
M-S
.1949
;
IA Dominican Rep Cust Ad 5'As__. 1942
§ A 1st series 5%s of 1926
1940
102.28
.
M-N
52
47
YV *36%
M-N
gold 5'As,
External gold 4%s___
*101.12 101.14
*101.18 101.19
-
;
■
J-D
1953
"'j
;
>
Af-N
M-N
.1952
External
<•
Jb -8
24%
,
"
100.29
103.16
101.12
23
18
.
*36%
M-N
1
5'As
*63
F-A
ASinking fund 8s series B„
;
100.30
103.16
105.7
101.2
.
wks
A Czechoslovakia
100.23
100.9
13
*100.10 100.12
.
Yv,
.1940
(Republic of) 5s of 1904__._. 1944
A Public
'
64
*63
;•
'
7s._i_l.___. 1951
(Rep of)
1
24%
22%
16
18
17
*
y. 46%-"46%
A. ,m7
5 ADenmark 20-year extl 6s._
100.23
100.15 100.16
100.15
M-S
J-D
101.2
*100.21 100.23
J-D
<
Rica
17%:
__
"
*101.3' 101.5
Af-S
j-j
A-O
.1947
Sinking fund 5'As
♦104.19 104.21
101.2
Mtge Bank 6'As;
A Sinking fund 7s of 1926_.
'C-Yvv
A-0
1961
.1970
External 5s of 1914 series A._... .1949
102.T
*101.31 102.1
*101.9
1961
_Jan
f $ bonds
s
*18
*
___._Oct
.......
; External loan 4'As.
4'As external debt...
,
Af-S
101.2
1928
1927...:
Cuba
J-D
J-D
Of
of
25-year gold 4%s___;
102.13
♦106,30 107 :v't*104.7
104.9
M-S
__
(Republic of)—-
A 6s
A Costa
105.7
J-J
5s
Sinking fund 7s of 1927
Copenhagen (City) 5s
100i23
100.3
J-D
,
(Hukuang Ry)
A
100.21
100.3
,10
100.5
;
101
100.10
100.6
100.3
ry
assented.,
Chinese
A Colombia
104
.
101.4
J-D
Cohs Munic 7s
3s external
104.20
104
100.15
—1944-1952
—1945-1947
1967
(Republic of) 7s__(Republic> extl 68—-.—_ 1945
Finland
....
French Republic 7s
7s
1949
stamped..
YY';' *87%
'
88
87%
M-S
88
y 88
J-J
92%
;
;
72.,
*27
;v 'i—i
42%
18%
*60
89%
95
?
•.
,
31
99
*99
J-D
1949
unstamped
88
.88
.72
88
100
97
(V-:' C*
City
York
107.23
♦100.25 100.27
.1944-1964
1944-1949
—
107.10.
,
M-S
>
a 7s
a
107.6,
106.20
,.100.6
j-d
Loan Corp—
New
~6
20%
'm -1962
_____
19%
A-0
.1961
A 6s
106
(*100.15 100.17
J-D
A Chilean
:
*103.31 104.1
J-D
-It
,
Colombia
.*103.31 104.1
M-S
.
112.6
i*107.8
M-S
i
■
1956-1958
series M
assented
a 6s assented..
V
112.20
J-D
>
Transit Unification Issue—
1980
Corporate Stock—
3%
107.6
107.8
V
.
J-D
.1961
AGuaranteed sink fund 6s_.
104.26
107.10
.1945
3s series A—
l%s
104.1
*103.29 103.31
A 6s
112.23
109.9
112.5
112.4
112.5
Af-S
Low
.20%
J-D
.1961
___;
January 1
No.
:
J-D
.1961
fund 6%s
assented
Range Since
Sold
High
J-D
.1957
AGuaranteed sink fund 6s
109.11
-
——
111.28
108.10
'
3s
110.6
M-N
-1957
A Sinking
;'
A 6% s
*109.16 103.18
.
Home Owners'
106
1960-1965
_
.
105.28
*107.6
Treasury l3As———
Federal Farm Mortgage Corp—
3'As
M-S
M-S
—
.
__
.u.1958-1963
2s
2s
2s
Treasury
Treasury
Treasury
J-D
110.27
*105.26 105.28
VV..
J-D
110.13
M-N
-1963
assented
Bonds
Friday's
'■Yvlu.'19%
A-0
.1963
sinking fund 6s
A6'As assented
106.30
106.6
or
A-0
.1962
AChile Mortgage Bank 6%s_.
106.4
*110.19 110.21
*106.2
..
A 6s
10L31
103.3
*111.16 111.18 :
J-D
—
2'As
2'As
2'As
2'As
2s
2s
2s
2s
2s
2s
Treasury
lOo" 17
101.28
*100.13 100.14
.1962
sinking fund 6s
''■v AExternal
' *101.21101.22
w
Week's Range
Last
Sale Price Bid & Asked
-'Low
assented
A 6s
M-S
—1963-1968
1964-1969
1967-1972
—1951-1953
1952-1955
.—.1954-1956
1947
Mar 15 1948-1950
—Dec 15 1948-1950
Jun 15 1949-1951
Sept 15 1949-1951
Dec. 15, 1949-1951
Treasury 2'As
;Y..
^
; ;
;
A-0
*107.8
—
,
A-0
Feriod
3
(Continued)—
(Rep)
AExternal
106.3
104.20
104.8
107.10
*104.6
..
High
114.1
113.3
*112.31 113.1
—
J-D
Low
No.
Chile
Friday
Interest
Exchange
Ended Sept.
Week
January 1
Sold
High
Low
..
Stock
New York
Range Since
Bonds
Friday's
Y;
3%s
3'As__,.~
3%s__
3VeS
3'As
3s
3s
27/aS—
23As—
23As
2%s
23As
2%s__—
23As
2%s
2'As-——
2'As——
2%s___—
2 'A s—_—
2'As.
Treasury
or
Sale Price Bid & Asked
Period
——1947-1953
1944-1954
.—1946-1956
1943-1945
1944-1940
—-—1946-1949
1949-1952
——1946-1948
——1951-1955
—1955-1960
—'
—1945-1947
.1948-1951
-1951-1954
.—^-1956-1959
Treasury 4'As
Last
Interest
Exchange
Week Ended Sept. 3
S. Government
account is taken of such sales in computing the range for the year.
BONDS
Week's Range
Friday
BONDS
D.
disregarded in the week's range, unless they are the only transactions of
;\
for Income and defaulted bonds. Cash and deferred delivery sales are
weekly range are shown in a footnote in the week in which they occur. No
Period" Indicate in each case the month when the bonds mature.
headed "Interest
New York Stock
*
YEARLY
-
interest"—except
"and
are
and when outside of the regular
the week,
York Stock
WEEKLY
-
Monday, September 6, 1943
Greek Government— Y Y
103'A 109%
19
Y107% 108
108.
J-D
A7s
part
\-'Y
part paid.
A6s
1
i
Y'
21
1964
v-
21%
2
■
15%
23%
20
20
V--' 1
12
24
(Republic) s f 8s series A___1952
Helsingfors (City) extl 6%s
1960
A-0
80
80
•:>;.i
68 %
85
A-O
*55
65
62%
70
Irish Free State extl
1960
M-N
*94%
85
97
1957
A-O
*17%
1954
J-D
(Prov) 4S readjusted___._1954
J-D
*
paid
1968
Haiti
f 5s
s
A Jugoslavia
(State Mtge Bk)
(Colombia) 6'As
AMedellln
Mendoza
",Vi
■
Mexican
Foreign Securities
7s
,
21%
20
3
21%
.1943
20%
M-N
11%
91'A
■
jf"
ll'/a
*17'A
23 Yt
82%
T
stamped assented
1*
(US) extl 5s of 1899 £
7.
15%
90%
*89
Irrigation—
A4'As
11
19%
11
, .
9
12%
12%
13%
A
Assenting 5s of 1899
Q-J
Q-J
A
Assenting 4s of 1904
J-D
11%
11%
11%
52
J-J
17
17
17 Va
10
11%
18
18
15
14
19
27%
28
30
18%
32%
27%
28
29
18%
32%
89%
91
AMexico
-
1945
1945
1954
4s of 1910,.
^..1945
§ A Treasury 6s of 1913 assent
1933
a Assenting
Wertheim & Co.
Members New
Telephone
120
REctor 2-2300
York Stock Exchange
Broadway,
(State)—
Minas Geraes
A Sec
T eletype
/Y
"
A 6s
series
(City)
External
Govt.
Foreign
AGtd sink fund
External
8s Municipal
6s
1947
1948
_
AGtd sink fund 6s
4s____1968
coll 7s A__
1945
(King of Norway)
Akershus
(Dept)
AAntloquia
*54
44
*54
46
54%
Af-S
*62
15'A
18%
f 7s series B__.
1945
J-J
•
s
f 7s series C_,
*19
f 7s series D
1945
1945
J-J
s
AExternal
s
f 7s
1957
A-0
*18'A
AExternal sec s f 7s 2d series___1957
A-0
f 7s 3rd series__1957
A-0
*18'A
AExternal
sec
s
1st series
(City) external 5s
1958
(National Government)—
1948
S f conv loan 4'As
1971
S f extl conv loan 4s Feb
____1972
8 f extl conv loan 4s Apr
.-1972
Australia (Commonw'lth) 5s of '25-1555
External 5s of 1927
1957
AAntwerp
19%
Y
24
23%
.
23%
23%
42%
58
99%
43
96%
M-N
91%
66
84'A
F-A
84'A
17
78%
85%
84'A
84'A
A-0
84%
27
79
,
'
93
M-S
93
93%
24
82
93'A
14
83%
94%
1956
Af-N
89%
14
79
;
M-S
99'A
99'A
11
96%
100
1955
J-J
99
99'A
2
96'A
1955
J-D
Y
110
;
100
..1941
J-D
46
45%
46
19
36%
53
A-0
43
41%
43
19
34
50%
—1957
A-0
43'A
43'A
28
1952
—1957
1958
1950
J-D
42%
43
23
...
88%
'
External
s
f 6s
External
s
f 7s
.
5ABrazil (U S of) external 8s
AExternal s f 6%s of 1926.
AExternal
A7s
1957
f 6'As of 1927
s
(Central Ry).
(City) s f 5s
Sinking fund gold 5s
Sinking fund gold 6s
Brisbane
Buenos Aires
A 6s
External
s
3%
34
51%
34%
51%
*88
94
87
95%
F-A
•
93%
83
94
J-D
*96
87
97
Af-S
77%
F-A
A-0
-1975
Af-N
-1984
J-J
-I960
(Dora of)
*95
1953
15
1958
(Rep)
External
s
f 7s
1942
17s assented
AExternal
A 6s
A Extl
!
assented
sinking fund
A-0
F-A
AO's
assented
A 6s
A Extl
A 6s
*v»r
Feb
1981
1961
•"
19%
—Jan
assented
1961
J-J
Sep
1961
Sep 1901
assented
footnotes
see
page
968.
M-S
y-s
79%
71%
80
59
48%
60%
19%
(State of)
(Rep of)
7s
24
—L1966
J-J
Rio Grande do Sul
(State of)—
A 8s
extl loan of 1921
A 6s
external Sink fund gold
of 1926..
A 7s external loan
(City of Brazil)
A6%s extl secured s f
|ASan Paulo (State)
A 8s external
8s
A 78
extl water loan—
A 6s
extl dollar loan
secured
19%
__
19%
(Prov of)
extl 7s
A4'As assented—
18%
25%
3%s-4-4%s
18%
25%
External
20%
26
External
20%
29
19%
9
18%
25%
20
__
26%
18%
25%
20%
25%
18%
—1950
1956
1968
1940
1962
1962
-1958
1958
_1955
1946
25%
conversion
external 7s
A4%s assented.
25
27'A
8
28
6
28
7
%
28
a
5
82
17
82
34
33
36%
36%
17
37
— —
v
6
d32% d32%
36%
•
52%
32
48'/a
29%
48%
29%
46%
68%
69%
•6
62
72
16%
16%
15
10
20
15%
15%
5
*30
J-J
A-0
M-N
31
17%
26'A
M-S
31%
8
26
*34%
31%
18
17%
18%
M-N
36%
33%
2
M-N
32%
30
20
73%
27
J-J
31
16%
Y
—
27
J-J
100
18%
26
29%
27
*
45
90%
27'A
27%
M-N
30
16%
M-N
*10 '/a
J-D
34%
■
—
11
19%
14
11%
12%
11%
13%
85
94%
*10'/a
14
F-A
*94
95
F-A
*88
84
*86
78
88
1960
1964
M-N
M-N
*87
85%
88
-1979
1979
M-N
64
72%
extl conv
1978
4-4%-4%s extl readjustment—1978
3'As extl readjustment
1984
(City)
: 'Hi
;
J-D
3%-4%-4ft
A Warsaw
J-D
($ bonds of 1937)—
readjustment
45
29%
25
A-0
1957
—1936
8s
AExternal sink fund 6s
26 VA
30
30
24%
F-A
17
17%
20
25%
12%
17%
26%
26%
1964
1952
AExternal sink fund 6s
20%
r
i
4
.•
*99% 100
F-A
M-S
external
Sydney (City) s f 5%s
A Uruguay (Republic) extl 8s
*20%
19%
s
*39%
M-N
J-D
f 7s
Serbs Croats & Slovenes (Kingdom)—
5 A Secured
14%
A-0
1967
municipal loan
Santa Fe external sink fund 4s,
A 7s
series B sec extl—
*20%
3
,
1948
-1968
1966
23
,
23
AExternal loan 7'As
A Silesia
Y;.
17
24
APrague (City of Greater) 7%s___1952
Queensland (State) extl 6s—
.1947
ARlo de Janeiro (City of) 8s—1946
A Extl sec 6'As
1953
ASao Paulo
14%
23
A 7s
10
16
*14
*14
A 8s
29
15
24%
*16
A-O
J-D
105%
•
23%
J-J
103%
20
23'A
13
1963
1961
A4'As assented
Alegre (City of) 8s
APorto
101'A
19%
12%
7
17%
101'A
23%
6
17%
20%
23
19%
17%
15
104 %
19%
18%
17
17
97'A
23
18
17
J-J
7
19%
13%
18
17%
sink fund gold 8s____1950
103
26%
18
28
A-O
li
A4'As assented—
AExternal
104%
19%
104
14 %
23
97%
26
90
104
~3
,
14
17
20%
22
*21%
103%
_
22 '
84
73
*14 "
f 7s
111%
'
M-S
73
70
25
86%
A-O
107%
105%
72%
88
A-0
101%
100%
85%
__1940
gold 6s—
107%
'
83
—1958
j—!1947
1968
(Rep of)
A4'As assented
2
25
86
72
J-D
f 6s 2d ser
s
A Stabilization loan s
,:Y
92
71
A-0
rlAPoland
:
94'A
80%
97
*104% 106
M-S
M-S
77%
9 2%
1961
ANat Loan extl
-
*82%
Y
J-D
1947
1959
;
external 7s
98'A
*82%
M-N
1967
101%
85%
83
82
83
94
100'/a
loan extl s f 6s 1st ser____1960
A Nat
14
*20%
— -,
1963
____1994
3'A 8 series B
107
105'A
94
M-N
sink fund 4'As—
110% 111
*21
J-J
sinking fund 6s
70
80
*21
—
F-A
Jan
f 6s_.
s
79%
104% 104'A
'
ARy external
7.7%
'
A-0
I960
69%
*18
M-N
Feb 1961
6s
76 %
103% 103%
J-J
M-N
78%
*105
J-J
1942
(Rep) extl s f 5s ser A.1963
103
J-J
1960
sinking" fund 6s
.1955
A-O
103
103
'
1954
*86 Y■
107
110'A
J-J
(City) 8s
68%
79%
M-N
15
77%
*55
J-J
15
95
*77%
J-J
1967
1968
1948
92%
76%
A-0
1961
Jan
3s
Af-S
-1976
30-yr 4s
3%s
30-year 3s
30-year 3s
2'As
—
Jan
3s
Jan
AChile
41'A
-1978
s
25-year
A Carlsbad
41'A
-1977
f 4V8-4%s-
external 8 f $ bonds—
Canada
97
Af-S
-1961
f 4%-4%s_.
External readj 4%-4%s.
External s f 4%-4%s
Refunding
*98
99%
(Province of)—
stamped
*91%
APernambuco
91
1949
External g 4'As of 1928
Belgium external 6'As
F-A
J-D
s
7 82'/a
94%
A-0
f 5s__.___.1970
94%
92%
J-J
94%
..1950
Ext sec ref
85
93%
'
™
98
98
f
„._1965
1963
85%
84'A
98
4%s
(City)
17'A
82%
93%
94
*100%
F-A
4%s
93%
84'A
91
93%
fund
101%
90%
99%
"i
fund
APeru
M-N
1944
—
Stamped ass'ented 5s
Stamp mod 3'As ext to-.
58
58
99'A
J-D
6s__,
A
Argentine
S f external 4'As
A-O
5s__
sink fund extl loan..—
APanama
18%
12%
84
sink
v
:
-
sink
Oslo
24
18
19
F-A
__1958
*90
*84
24
16
":
18'A
15%
15%
20%
18'A
J-J
1957
,
__
M-S
4s
24
16
*18'A
AExternal
f
s
9
(State)—
Municipal Bank extl
15%
19
19
s
AExternal
AExternal
27%
J-D
M-N
External
55
A-O
18%
M-S
1952
....1959
...
External
F-A
J-J
—..1959
Y
28
f 5s__
external
Norway
(Colombia)—
s
M-S
7s
A___
New South Wales
Agricultural Mtge Bank
.1958
f 6'As
s
J-J
12%
__
„
ASec external s f 6'As.
AMontevideo
1-1693
NY
New York
external
*17'A
—1958
1958
—
87
87
69%
72
M-N
67
69
61%
69
J-D
65
66%
14
60
68
F-A.
71
71%
54
66
72
J-J
72
*59
*
F-A
1Q Va
F-A
*10%
63
2
52%
66
44
12
13
12%
10'A
13%
THE COMMERCIAL &
Number 4209
Volume 158
NEW
Friday
bonds
Exchange
Stock
York
New
Ended Sept.
Week
or
BONDS
Bonds
.
Low
High
Range Since
Sold
Friday's-
Sale Price Bid & Asked
Period
January 1
No.
Low
New York
Low
1949
j-j
*„
,1965
M-S
110
1907—
*104%-
J-D
*102
F-A
104
71%
,1950
M-N
76%
Cart
104%
*11
101 %
10-year deb 414s stamped,
,^1946
Ot Southern 1st cons A 5s___1943
cons
,,
1st
mtge
102%
Corp 5s w w
1st gtd gold 4s
Corp 3%s debs
Celotex Corp deb 4%S w w__
ACent Branch U P
.
103%
106
102
102
15
"I
:
314s ser A_,—1
,.— 1967
1st mtge1 3Vis
1972
M-N
*104Vi
101%
*109%
108
Albany Perfor Wrap Pap 6s_
__1948
A-0
72
assented
11948
A-0
—,
Albany & Sasquehanna RR 3%s,—1946
3Vis registered
rr.L
—1946
A-0
A-0
with
warrants
62
72
62
69%
*99% 100%.
94% 100%
72
72
—
93%
5s
1949
>1950
modified
A 5s
1950
Allied
Stores
70
99
60V2
93%
53%
90%
104'/a
Am
J-J
Mfg conv
4s
deb 5s
Foreign Pow
,1 G Chem conv 5 Vis—
1949
Internat Corp conv 5 Vis——1949
10
89%
>
;
53
66%
•62
V.-~6
104% 104%
90%
M-N
&
90
107
M-S
MS
Allis-Chaliners
86
*65%
104%
F-A
Amer
Am
97%
88
88
A-0
1998
-1951
.—1952
2030
Corp 4V2S debs
96
89Vi
A-O
A-0
income
Alleghany & West 1st gtd 4s_,
97%
J-D
—
11
105%
90%
198
'.-78%
7
.
28
106% 106%
debentures
50%
11
30%
81%
83
16
68%
90
1945
M-JV
38%
377/a
38%
30
23%
50
1959
A-O
14%
14
15
19
A-O
14
14
44
6%
6 Vi
5s
104
AGeneral
4s
3Vis
debentures
-1966
1962
109%
109% 109%
114%
M-S
A-O
Am Wat Wks & Elec 6s series A—1975
109
1 ,-.114% 115 Vi
M-N
3s
1956
debentures
conv
Amer
Tobacco
Co
3s
deb
A
Anglo-Chilean Nitrate deb
1967
Ann Arbor 1st gold 4s
———1995
Ark & Memphis Ry Bdge & Term 5s 1964
Armour & Co (Del) 4s B————1955
1st sink fund 4s series C (Del) ..1957
7s
Atchison
..
,
T
73
73
107%
Stamped
Conv
105% 105%
Conv 4s of
4s of
J-D
111%
1960
J-D
1910—.
Trans-Con Short L
Cal-Ariz
1st
——1958
1st 4S
coll
N
&
Second
105
J-J
102%
1944
M-S
gold 4s
4s
mortgage
tr 5s
J-D
•'
Oct 1952
1948
1948
,-1959
v
102%
—!
100
79
J-J
16
35 Va
11
103% 103%
103% *
80
38%
35
;
63
,
1996
R & A Div 1st
1
*106
1st
104
v
93%
93 Vi
94
42
71%
94
65
65
66
137
55%
71%
66%
66%
gold 4S—>L_1989
cons
Division
—
1
u.J,rl36
136%
106% 106%
107% 107%
66%
38
101% 102
92%
j-j
130%
137%
17
102%
108%
10
102
♦114% 119%
21%
21%
ref
&
j-j
260
100
M-S
»
>
^—1949
39
102%
22
"
101%
97%
Ohio
&
96%
mtge
inc
81%
80%
82%
67
F-A
91%
90%
91%
69
1997
J-J
42
41 Vi
42%
88
32
47%
1982
M-N
124% 124%
1
118
124%
59%
58.
70%
•rAGen inc
mtge 4%s__
Refunding gold 5s series B
ARefunding 4s series C„
A 1st
&
76
76
J-J
»,
45
45
J-J
1947
.
(int at 1%
1966
10
66
76%
46%
U
38%
48%
51%
15%
15%
'43
5
42
M-N
-
42
11
38%
J-J
39
15
31%;
31%
29%
10%
10%
50
6%
11
42
10%
J-J
10%
10%
j-j
92%
93
■
6%
3
-
4s
series
A___
May 1 1989
J-J
62
60%
(i2%
136'
J-J
*—
Dec
1
1
Ref & gen
to
ser
1
Dec
C
1946)
73%
73
74
{ 39%
38%
-'43,%
43
44
60%
C
May 1 1989
J-J
63%
62
647/a
4Vis
series
E
May 1 1989
J-J
63%
62%
64%
65
63%
65
.
i
52%
(int at lVa%
due
—1995
J-D
.
\
■
M
f,
-
J-D
t,
172 (V
(int at 1% to
*- ■ Sep 1 1946) due
2000
Ref & gen ser F (int at-1% to '
•
Sep 1 1946) due
1996'
•
90
-
r
,
35%
/
'
J
'
•
57
-
—
,
38
39%
109^
39%
28%
29%
F-A
Toledo Cin
(int at 3%%
due.,———1950
Div ref 4s A—1959
1947)
30
_
-1951
.
62%'
33
51%
;
55%
56%
48
40%
r.
54%
54%55
45
46>
65%
66%
12
66%
66%
10
.J-J
J-J
J-D
A-0
B——1948
.
12%
13%
563
4%
16%
*96%
A-0
3-D
A-0
A-0
J-J
-F-A
Indus Loan
»<;•
<8
,
,
.
.
;
59%
75
60
75
45 %
t
101%
104%
128%
132%
99%
101% 101%
*130% 130%
100%
98%
101 1
3
101
105
14
3
102% 102%
32
11
102%
>2
v
-
103%
403%
55%
56%
57%
58
M-N
58%
57%
M-N
Big Sandy 1st mtge 4s
1944
1st 5s A C———-1967
1st M 5s series II
--—1955
43/is series JJ
—1961
series RR
1960
mtge 4Vis ser A
July 1970
{ABoston & N Y Air L 1st 4s
1955
Bklyn Edison cons M 3%s
1966
Bklyn Union El 1st gold 5s
—1950
Bklyn Union Gas 1st cons gold 5s_1945
1st lien & ref 6s series A—
1947
Debenture gold 5s
'
19501st lien & ref 5s series B
--1957
Buffalo Gen Elec 4Vis B
1981
Buffalo Niag Elec 3Vis series C—1967
Buffalo Rochester & Pgh Ry—
Stamped
modified
(interest at
t
mtge 4s
Alnc
to
3%
{Burlington Cedar Rap & Nor—
§ A 1st & coli 5s_.
:
A Certificates of
deposit
Bush Terminal
Consolidated
Bush
5s
1
78
;
M-N "
69%
69%*
69%
43%
43 %
44
47,;
23 %
48%'
44
42%
44
79
22%
49%
4 Vis
ref
May 1 2037
1949
J-D
43%
42%
44
35
23
49%
11%
10%
11%::
356
4
C_
1st
of
.
'
M-N
1
90
84%
84%
85
48
48
49 %
80
91
8
73%
F-A
55%
55%
56
1988
J-J
51Va
50%
52%
39%
39%
;
39%
10
23%
46
11
108%
9
22
28%
30%
372
19
34%
34%
299
20%
40
9%
206
J-D
90%
90%
2
1951
L
1st
J-D
1960
5s
guaranteed 5s—^
Dec 1 1960
J-D
72%
M-S
53%
1963
J-J
1963
J-J
Chic & West Indiana
1952
J-J
103
1962
M-S
104%'
1943
-
~
com
4s—
1st & ref 4 Vis series D
105%
:
-
83 %
99
96
115%
109
A-0
44%
75
<35%
50%
17%
11
11%
23%
11
81
88%
72
72%
Guaranteed
gold 5s__.
Guaranteed gold 5s
J-J
July 1969
Oct
1969
1970
4%s_.
1955
J-J
Guaranteed
gold
4%s
1956
A-0
Guaranteed
gold
4%s___,
1951
F-A
Canadian Northern Ry deb 6%s
Can
Pac
Coll
5s
trust
Collateral
F^r
1954
trust
i960
footnotes
4%s
see
page
968,
—
.
74
62
107%
5
'■94%
103% 104%
22
97
100
1103/4
1043/4
113
41
97
38
68
4.Q
Cincinnati
1966
F-A
1967
J-D
1971
M-N
110%
-110% 110%
"4
1969
F-A
112%
112% 112%
3
1st
Cin
Gas
Elec
&
3%s_.
mtge 3 ViS-
Union Term
1st
—
1st
gtd 3Vis D
mtge gtd 3%s
series E
Chic & St Louis Ry—
Cleve Cin
.
5
2
110% 110%
*111%
105%
105%
187
64%
—
28%
55 %
108%
111%
110%. 112
108%
109%
1103/4
1123/4
;
General gold 4s
1993
85
J-D
1993
J-D
Cin Wab
& M Div
1977
J-J
—1991
L Div
1st
1st 4s_
*91%
'
8
86%
71
89%
85%
__
206
,55%
56%
54%
56%
J-J
Cleveland
&
74
Series
C
88
Series
1990
3Vis
3%s gtd
General 4Vis series A
ref 4%s series B
108%
79
109%
96
111%
54%
80%
80 %
5
107% 108%
29
90 3/8
463/4
118%
5s
series B
61
46
58%
118
Columbus & H V
114
Columbus & Sou Ohio El
112
113%
103%
105
M-S
100Vi
99% 100%
25
64
41
71%
88%
100%
104% 105
87
64%
86%
41
593/4
78
L033/4
104
A-O
81%
A-O
72 %
71%
73
—
46%
110%
103
933/4
81%
78%
49
111%
103%
75%
43%
{AColo & South 4Vis series A_
3
4
71
6
~2
27
16
23
90
118%
86%
105%
93
92%
89
119%
113
105
__
95%
90%
*103%
113%
85%
*107%
J-D
113%
113
108
108
92%
A-O
A-O
113%
117
105
—
1945
5s
1
113% 113%
A-0
83%
109%
II
1977
gtd 4s
Colo
Iron
J-J
1972
65
106%
108
*107%
*106
inc mtge—j._1970
Coal River Ry 1st
&
F-A
6
F-A
108%
1973
gtd_
f 4Vis series C
Fuel
M-N
1981
1961
80%
,
99
80
933/4
116
243/4
49
118%
109 '
s
j-j
1977
Pittsburgh RR—
gtd
1
D
M-N
1950
—
1970
1948
coll tr gold 4s
Cleveland Elec Ilium 3s
58
107%
M-S
J-J
62%
49
22
57%
3
117
113%
59
48%
——
117% 118%
J-J
1944
gold 5s
3i
108%
*118% 119
F-A
""
"*
trust
equipment trust ctfs
Coll
J-D
1946
Ry 4% deb stk perpetual—
4%s
1946
.
110%'
4Q
5s
118% 118 Vi
J-D
gold
20
*108
J-J
Guaranteed gold 5s
Guaranteed
11
95%
117% 118%
117%
109%
95
J-J
71
103%
103
47
77
18
"109
—
95
90%
53%
22%
17
83
:
13%
75
.104% 104%
7,
48%
1st
A-0
8
47
1st s f
1966
20
A-O
Gen &
Canada Southern cons gtd 5s A
1962
Canadian National gold 4%s—1957
70
59
M-N
deb 5s—
Cleve Short Line 1st gtd 4ViS—
Cleve Union Term gtd 5Vis„_
California-Oregon Power 4s
72%
54
A-O
110%
42%
>85%
72
72
53%
1952
105%:
17%
A-O
J-J
A-0
"3
110%
4%"
67
1957
Co
Ref & impt 4%s series E__
>„
.
79%
68
*_-
General 5s series B
A-0
90%
68
68
Chicago < Union Station—
1st mtge 3%s series E
1st mtge 3 Vis series F-v-^
St
.
9
*72
J-D
1951
3%s
Gold
Income
,
43% V-
57%
32%
107%
110%
,
109% 109%
M-N
58%
9%
Debenture
104%
96
60%
33%
29%
S
103%
104% 105% '
46%
33%
—
{AChoctaw Ok & Gulf cons 5s
104% 105
95%
11
189
a~-o
{AChilds
.
*110% 111%
.'
M-N
111
__
*107% 108%
105%
15
58
100%
109% 110%
*100%
78
35
*
"
■
39%
M-S
86%
53
90
"
1927
deposit-;
Chic T H & Southeastern
92%'
37
.
stpd
5s
Memphis Div 1st gold 4s
103
«
92%
64%
59%
1952
105%;
2
''
33%
35%
1934
105%
102%
92% V
59%
63
gold 4Vis—l
——I960
Chicago St L & New Orleans 5s——1951
:'•<
-
1960
gtd——
103.8
70
59
33%
34
j-D
AConv
.
1934
1952
1955
1st 4s
Tertfi Bldgs 5s
92%
100% 100 Vi
M-N
J-D
M-N
F-A
J-D
1957
due
1946)
92%
A-O
J-J
M-N
F-A
M-N
F-A
M-N
1st gold
1st
*—
J-D
M-S
M-N
58%
58
ACertificates of deposit
Boston & Maine
18
165
J-D
,y§ARefunding gold 4s
/)§ASecured 4Vis series A
105%
60
61
32
56
58
60
30%
33%
M-N
M-N
M-N
1936
{AChic R I & Pac Ry gen 4s
,-
32%
5
May 1 2037
.A Certificates
100%' 102%
105% 105%
102%
-
r-A
105%
105% 105%
105
101
21
75
■
May 1 2037
Railways
part paid—
25%
45 %
96%
55 %V
1987
Fed inc tax
{5 A Chicago
82%
55
56%
_1987
1987
tax_„_1987
6Vas
ref
A 1st &
54%
55
55%
gold 5s
stpd
A Secured
&
55%
56%
M-N
M-N
M-N
1987
Fed inc
p
1' A 1st & ref 4 Vis
.
,
61%
,
99
>100% 100%
1987
1987
—^
A4%s stamped—
..-
62
n
AGen 5s stpd
i
.70
i*
*45%
J-J
C———1960 t!
2Vis
.1950
2Vis debentures^—
i.—'
,_1956
Beth Steel 3 Vis conv debs—
1952
Consol mtge 3 %s series F~
-1959
Consol mtge 3s series G—-—ul960
Consol mtge 3Vis series H
1965
1st & ref 5s series
Beneficial
13%
37%:
^;-vl74>f.T
61%
,
1st gtd 3s__1989
Creek extl 1st gold 3 Vis—.-1951
Telep of Pa 5s series
Bell
A-O
24%
AStpd 4s
A 1st
Battle Creek & Sturgis
Beech
44%
Jan 1 2000
AConv 4%s series A
stamped—
18%
14s -registered—
56%
.J-J
J-J
.
-
4s
570
/;\AGen 4%s-stpd Fed inc tax
62%
M-N
-
Bangor & Aroostook RR—
i? • ■
Con ref 4s
.--s.———-——1951
.
.
38%
52%
,
gold 4s extended to—:_1951
1
36%
52%
S'west Div 1st M
to Jan
'
'37%
32%
f
pgh LE&WVa System—
Ref
'
F-A
-32%
59
*
Af-3
Feb 1 1960
due_„
A Conv
I;
38
MS
.
'
«•
1
1987
'.
3Vis registered
'■■i AGeneral 4s
:
Ref & gen ser D
:
69%
'
1975
AMtge gold 5s series A
A Conv adjustment 5s
{Chicago & North Western Ry—
:■? AGeneral
gold 3%s
'
•-
69 Va
45%
38
69%
45
70
J-J
67%
64
44 Vi
149
77%
32%
-50-'
39%
v.
93
^
t
1995
due—
1946)
A-0
4
43%
00 Va
series
•>
50
47%
40%
B__Maj- 1. 1989
4Vis
AGen 4%s series F
>May 1 1989
{Chic Milw St Paul & Pac RR—
75%
66%
itry
'
to
84%
92%
76%
43
J-J
—1947
5s series A_
gen
J-J
2038
A
.
Ref & gen ser A
65
73%
AGen
69%
70%
101%
99%
81
F-A
(conv)
AGen gold 3Vis series
A-O
103
97 V4
51
98
1971
A
{AChic Ind & Louisville ref 6s A—1947
RR—
July 1948
92% 100%
93% 100%
—_1977
series B
series
100%
102'.
*~
II
AGen
mtge gold 4s
108%
121
15% ' 31%
•-
1958
5s
100 Vi
j-j
Chicago Gt West 1st 4s series A___1988
B
1st
'
115% 115%
22%
1949
—_i_1949
registered
AGen
Stamped modified bonds—
1st mtge gold
(int at 4% to
Oct 1 1946) due
,July 1948
72%
102
10
{Chicago Milwaukee & St Paul—
Baltimore
98%
118%
A-0
1949
.
4s
A 1st & gen 6s series B
>_May 1966
Chicago Ind & Sou 50-year 4-j—i
1956
107-
.
83
j-j
registered
A Gen
105
,
116
36
34
111
j-j
Chicago & Erie 1st gold 5s
40
100%
106"%
95% "96%
20
Chicago & Eastern 111 RR—
45%
"
29%
,
106%
96
_____1946
2d consol gold 4s—_i.____„^—1989
,,.'t 1st & ref 4 Vis
88
'
32%
j._1996
General 4s
73%
74%
.
16%
10
A-0
107 Va
4s
"93%.
130
12
26
F-A
106%
Prod
impt M 3%s series E
3%s
104%
67%
66%
85%
Banking—
stamped
Illinois
103%
2
89%
71
F-A
{ AChicago & Alton RR ret 3sr—1949
710
1021]
38%
80
M-S
;
66
:>
M-N
J-J
J-J
1953
Atlantic Refining deb 3s
88%
25
*22%
,
106%
"—
112%
109%
50
,102% 102%
89%
110
-
1
25%
■.
24
.
106% 106%
<
1987
M-N
104
111"
38%
M-S
.
111% 114%
1024=] 1024]
16%
F-A
..
111%
104
a107
'
106
__1992
•>.
114%
29
40%
27%
66%
107%
108
111%
'
18%
26
101%
'
111
-
10241
Gulf & W I SS coll
Atl
95%
111
j-j
150
M-S
120%
105%
114
J-D
J-J
Atlantic Coast
L
&
110% 112%
83
Chicago Burlington & Qulncy RR—
107
M-S
Atlantic & Danville Ry 1st 4s_
1987
~A-0
RR
112
'
27%
^__1962
Power 3%s__
Potts Creek Br 1st 4s„
107%
111%
.
37%
29%-
M-N
•
110
111%
;
.*104
ref 4%s A——1962
L 1st 4Vis A
A
*
4s—
Y
N
Ref &
'
J-J
1st 30-year 5s series B
_1944
1st cons 4s——July 1952
General unified 4Vis A_—-——1964
,
103%
106% 106%
*111
1st gold 5s———1946
&
Atl Knox & Nor
Atl & Charl
'
40
19%
53
20
82%
1987
;Ref & impt mtge 3%s D
303%. 106%'
408%
.
19%
35
,
27%
—ma
71
:
107'
*102
106%
———1955
1905
Conv gold
81
118% 119%
119%
Nov
M-N
J-D
4s
:
74
61
....
■t:-
57%
29%
—1942
107 %.
51%
30"'
-
110.-.
♦111
j-j
5Vas Ai
-102.)- 402%
105%,
,
105
98 '/a
.
34
;<
A-0
j-j
Chesapeake & Ohio Ry— L
General gold 4%s
117%
;ioo7/a
»,
109
105
A-O
;
'——1995
1995
—:—1955
gold 4s of 1909
— j'
105%
'
,
'
110
-
8
11
:
31%
1987
registered
Central
110%
107
22
*26%
110%
107%
429
;
\-<;
50
—_1961
Central Pacific
91%
107%
8
*43
j-j
»_1960
Illinois division 3%s
Topeka & Santa Fe—
".
—v.—-1995
General 4s—
Adjustment gold 4s
70
*102%
A-0
r,-.
73.
68
J-.I
,
debentures———1978
income
1067/8 107%
♦
47 7
104% 104%.
104%
Jan
Q-J
1 Af-3
.F-A
-
109%
13%
j-d
1st ref gtd gold 4s_1949
Through Short L 1st gtd 4s„^__1954
Guaranteed gold 5s
.I960
110
..
Light 3%s
registered
Certain-teed
109%
A-0
J-D
,—1961
105%
102%
50
Central
Telegraph Co.-—
3Vis
60'/a
98
50%
5s
American Telephone &
48
102%
83
f
103% 106
1
42
F-A
{ACent New Eng 1st gtd 4s
{ACentral of N J gen gold 5s
106
107%,
90
104% 105
"E
j-d
69%
102
.
106%
3-D
54
54
1948
Central Illinois
modified
110%
101
__
104% 105
105
High
105
99
Alleghany Corp—•
5s
62
107%
1945
& gen 5%s series B
ARef & gen 5s series C—
*70
'
j-j
1947
*106%
F-A
1st
A Ref
•
*6s
Low
12
1959
AChatt Div pur money gold 4s_. 1951
AMobile Div 1st gold 5s
1946
110
Power
1981
.1962
gold 4su
{Central of Georgia Ry^— ,
- >
A 1st mtge 5s_
Nov
§ A ConsOl gold 5s
105%
J-J
Alabama
& Adir
Celanese
J-D
3-D
—1943
B
series
4s
102
—
No.
110
Ohio 4s
&
104 %
48%
—
Range Since
January 1
Sold
102
Clinch
& Gen
64%
*65%
M-S
Bonds
High
Carriers
102
J-D
J-D
1947
gold 4s
Ala
1st
Period
JSACarolina Central 1st gtd 4s
1953
1953
1948
AStamped
Coll trust 4s of
Friday
Week's Range
Last
or Friday's
Sale Price Bid & Asked
Interest
Carolina
unstamped
A
Exchange
Sept. 3
High
Railroad and Industrial Companies
5 A 5s series
Stock
Week Ended
{Abitibi Power & Paper—
Adams Express coll tr
965
BOND RECORD
Week's Range
Last
Interest
.
3/
YORK
FINANCIAL CHRONICLE
102%
103
105
ACertificates
of
May 1952
Debenture 5s
& Tol
A Commercial
Income
deb
M-N
48
48%
14
25%
48%
M-~N~
103%
102% 103%
28
92 %
104 Va
J-J
102%
102% 103
81
88
103V4
deposit
Columbia G & E deb 5s
Columbus
1980
1961
1st
1st
extl
gold 48—1948
3Vis
extl 4s
1970
1955
A-O
109%
M-S
110%
109% 109%
1
109%
110%
110% 110%
8
108 %
111
112%
112%
*112%
F-A
—
Mackay Corp—
w
w.
Apr 11969
92
110
Commonwealth Edison Co—
95%
105
1st
91
101%
Conv
mtge 3%s series I
debs 3%s
1968
j-d
1958
j-j
114%
54
92
110
May
114% 114%
1
12
105
110
111%
108%
115%
Monday, September 6, 1943
CHRONICLE
THE COMMERCIAL & FINANCIAL
966
NEW YORK BOND RECORD
Week Ended
Last
Interest
Exchange
Stock
High
Conn River Power s f 3%s A
Low
;V".
1961
Low
110% 110%
"2
101% 101%
1940
A-O
101
—1948
3%s debentures————
.1956
3'As debentures
1958
Consolidated Oil conv deb 3Vis——1951
tAConsol Ry non-conv deb 4s
1954
A Debenture
4s
—1955
A Debenture 4s
1956
Consolidation Coal s f 5s——
1960
A-o
105%
100'A 100'A
105
105%
A-0
108
108
3%s debentures—
_
Called bonds —-—*——*
...
100'A
debentures—
3'As
'
2
J-J
107%
105'A
J-J
40'A
40'A
J-J
41
41
105%
105%
31%
51'A
51%
3
33
32
92
J-J
40
'A
40 'A
>4
J-J
99%
99%
AAA 3
Power Co—
M-N
—-1965
———1967
3'As——:———1970
1st
mtge 3'As,.
1st
mtge 3'As———
.
J-J
mtge
1st
1st
mtge 3'As
1st
mtge 3'As————
51'A
/ 1st & ref 4'As series C___
Crane Co
2'As s f debs
Crucible Steel
3^8 s f
A
receipts-
Deposit
A7'As
r.
56%
82
98%
*36%
3-3
109%
Inspiration Cons Copper 4s
Interlake Iron conv deb 4s_
A-O
102
-
38
52
40%,
1
30
42 Vi*
36
,
27%
40%
6%
24%
45
23%
48%
48%
3-3
43%
A 1st gold 5s
series C
26%
39%
96%
Ref sink fund 6s series A
48
1
Int Rys Cent Amer
1st
lien &
1st 5s B
M-S
23%
38%
101
80%
97
66%
85%
53
1%
/: 51
83%
J-J
78%
F-A
83
82%
M-S
3
2%
J-D
gold 4'/2S—1952
Debentures 5s___i
101%
102%
63%
79%
1955
Int Telep & Teleg deb
A
92
95%
;
:1
78%
<
7
2
10
101
101
101
107%
104%
9
106'/a
-
70
102»/a "105%
.
100% 100%
F-A
1947
52
42
106
106
M-N
—1972
43%
61%
*104% 105
3-3
„___1955
6'As
ref
40%
60%
A-O
James Frankl & Clear 1st 4s__—_1959
•
52%
157
1956
El, deb 6s.
1944
Internat Paper 5s series A & B—1947
B—
tAlowa Cent Ry 1st & ref 4s_—1951
99
99 •"
104
24%
21
i
~6
36%
,36%
A-0
102%
102%
44,7.
series
Internat Hydro
42
11
101%
9
18%
48%
36%
15
169
'
;
27
2
47%
42%
40%
39
38
3 6'A
%
20%
5s
106%
7
103
103
45
43%
July 1952
Adjustment 6s series A
108%
104%
46
101% 102
A-O
J-J
J-J
A 1st
51
*43'A
108%
2
105% 106%
A-O
A
38%
*43'A
1947
49
24%
38
*108'% 110
;
1956
98%
45
51
47'A
—1952
JAIntcr-Great Nor 1st 6s series A.1952
102%
93
32%
25
98
43
j-d
receipts——•——--extended to
—1946
ADeposit receipts———-—---Curtis Publishing Co 3s deb—
1955
43%
lll'A
■3-D
extended to—1946
series A
65
97%
107%
40%
series B
50%
97%
108'A
51
3-3
ADeposit
A 6s
49%
106'/a
377A
——
50%
3-3
A-O
*41%
J-D
SACuba Northern Ry 1st 5'As——1942
A Deposit
receipts——
----ACuba RR 1st 5s gold
1952
3-D
gold 4s
M-S
98
80
60
47%
.1986
102'A 102'A
64%
62%
191
Ind
3-D
48%
54%
Inland Steel. 1st mtge 3s series F__1961
101
3
79
53%
lll'A
3
60%
54%
112%
29
47%
64
109%
30
12
95
110%
110'A 110%
60%
79
3
108'A 108'A
A-0
——.-1950
debs——1955
Union Ry 3'As series B__
61
3-D
—1950
fAInd & Louisville 1st gtd 4s__
1956
110
42
63'/s
10
M-N
"*£££
1st
7
*85'A
F-A
.—.1963
111 & Iowa
77
56%
60%
■
58
J-J
,___1963
1st. ref 5s series A
Joint
78%
9
J-J
—
Springfield Div. 1st gold,3 'A s—__1951
Western Lines 1st gold 4s
___„_1951
111 Cent and Chic St L & N O—
«-A
93%
63%
75%
56
lll'A
111
M-N
—
—
J-J
67%
54%
85
88
94
74
110% 110%
M-N
High
-
56%
42%
26
•
*75%-
F-A
1
103
108'A
109'A
1i
a...
"M-N
Low
No.
49'%
*92%
J-J
1951
3'As_1953
Omaha Div 1st gold 3s_
____1951
St. Louis Div & Term gold 3s__^_1951
Gold 3%s__—
.1951
109%,
103%
Litchfield Div 1st gold 3s
108
106%
J-D
Louisville Div & Term gold
107'A
30
;;
104%
1
105'A 105'A
Range Since
January 1
Sold
65%
48%
48%
F-A
1950
105%
'< 2
107'A 107%
3-D
Bonds
High
64 7/a
*
64%
1955
1966
100%
.2
/
101
100%
27
108
?
M-N
Refunding 5s
40-year 4%s
111
109
4
101
Last
-
Sale Price Bid & Asked
Illinois Central RR—(Continued)
114
Ind
Consumers
Period
Cairo Bridge gold 4s
f-a
Week's Range
or Friday's
Friday
Interest
Exchange
Low
5
;
Cigar 3'As s. f. debs.1953
Consolidated Edison of New York-*1
Consolidated
Stock
A Week Ended Sept. 3
1
High
113%
*113%
J -J
New York
Range Since
January 1
No.
3-J
1951
Bonds
Friday's
Sold
■
Conn Ry & L 1st & ref 4%s.
or
Sale Price Bid & Asked
Period
Sept. S
BONDS
Week's Range
Friday
BONDS
New York
3
•v
6
D
Dayton P &
1st
4'As
J§ADen & R G lpt cons gold
§AConsol gold 4'As—
X A Den v & R G W gen 5s_
1st
4s—1943
mortgage
—_1936
Aug 1955
159
21'A
45%
36%
36%
36%
10
22%
45'/a
15
3%
12%
3%
12'A
18%
38%
30
A; 6%
;
1d%
16%
*97'A
98%
A-0
110% 110%
110%
110%
112%
104%
107%
40
Ref
A-0
108
J-J
*22%
102'A
25
103'A
29
103
&
15
106'A 106%
M-3
A
A-O
77%
79
78
A-O
99%
J-J
■'
78
102
102'A
'
371,
99%
.99
100%
2
,
99%
82'A
98
100
61%
60%
67
61%
.•
92% 100%
74
991 a 100
68%
68%
69%
45
62%
75
J-J
73%
73
73%
: 15
69%
78%
108 7
108
108%
79
105%
110%
111%
114%
1950
*50
64
.46
J-J
•'•/, 92
92
85
1st 4s
City Term
Stamped
a
..1961;
——
1961
&
1st
3-3
6'As,—A
ref
A-O
J-J
105%
173
-•
103
55
65'A
106%
Div
—1971
3'As
1st mtge
*107
M-N
M-S
>;
*103%
—
3s deb——1961
5s_—1943
jAFla Central & Peninsular
—1958
Flintkote Co 3s debs
—1959
tFloriaa East Coast 1st 4Vis
A 1st & ref 5s series A—
of
ACertificates
1974
deposit-
M-N
—1947
3'/aS—u-1997
1997
J-D
Coll & ref 5'As series D_.,_:
*100%
3-3
A
98%
98%
5s extended at
3%- to___
Lake Sh & Mich Sou gold
registered
3'As
J-J
101
92%
J-D
——
7/
'7^
Dec
69
J-J
1975
mtge income reg—
Lehigh ;Coal & Nar s f 4'As A—L1954
Cons sink fund 4'As series C_—1954
101
101
M-S
-
31%
93%
99%
101
99%
2
7
101%
83%
9
93%
'
80
■
71%
69
89%
I
93% V
4;
78
94 'A
93%
2
75
93%
25
105
103'A
98'A
33 A
16
19%
41
38%
Lehigh (Valley N Y 4'As ext—
15
Leh Val Harbor Term
72%
671/4
74%
71
73.:,;;
F-A
65%
68'%
*67%
stamped/—.A-.———1974
5s
73
75
71%
*70%
Lehigh Valley RR—
A.'. 4s stamped modified—;
*
93
•
*70%
F-A
•
102%
89%
86
15
87%
95
88%
787
5s
A 76 %
87
/
95
1
1954
101
94%
F-A
»
stamped—
i——
1954
1st & ref sink fund; 5s-—
—1964
5s
stamped-——
1964
1st & ref sink fund 5s
—1974
73%
52
119
93%
*93'%
14
-
99
85
93%
J-J
M-S
A104%
:
85%
■;
88
Lehigh & N Y 1st gtd gold 4s-—-1945
95
—
98%
25
100% 101
31%
A
20
35
92%
92
*87%
A-0
20
%%*'
3-D
;/
Lautaro Nitrate Co Ltd—
94%
*102%
'.M-N
4
■
Lake Erie & Western RR—
Lehigh & New Eng RR 4s A™——1965
99
—
103'/a
1%
98'%
103
99
4
100%
100 '/a
.7 98%
98
F-A
107
83
104% 104 'A
104%
25
IT/
Vu
F-A
5'As series' C___.
ref
Coll &
A-O
.—1945
__1953
—I960
Laclede Gas Light extd 5s
v
Firestone Tire & Rub
108%
108 %
5
*4
Lehigh Valley Coal Co—
/'..1st & ref sink fund 5s
i Ohio
.
105
107
105%
V
1031/8
7-
106%
1
M-S
/'Z7/v7
173
2
(105% 105%
*109
:/7_! "/■;.'• 107 % 107%
M-S
93%
85%
170%
2
:'
M-S
3'As.——1961
Kresge Foundation 3% notes.—1950
JAKreuger & Toll 5s ctfs.
..1959
Koppers Co 1st mtge
93%
83
1
85%
/■-/.'//v'
1'73
61
'
93%
;7—''I '7-*94i/8
85%
J-J
1954
unguaranteed
Kings County El L & P. 6s—
Kings Co Lighting 1st 5s—
4'As
*114% 116%
.
J-J
1961
1997
—1954
-A-'l
Plain
A 1st
J-J
3-3
A-O
Apr 1950
5s__
J-J
80'A
.,.65
}
88
J-J
106'A
64
89'A
61
3
98%
61%
132
84%
J-J
109%
19 z
t
86%
-I960
151%
11
impt
86
-
84%
867/a
Kentucky & Ind Term 4%s___—-1961
.
101% 101%
3-D
108 3A
107
*150
67
96%
111%
148
109% 109%
109%
3-3
33'A
109%
49
*107% 108%
A-O
M-N
108'A
106%
;
109% 110%
110
J-J
■El
108
46%
94
Kentucky Central gold 4s.____—_1987
99%
33
*102% 103'A
M-S
34
85%
30%
99%
51
26
46%
99
7
84'A
A-0
deposit.-
Southern Ry 1st 3s
Kansas City
112%
110%
5
*28
99%
M-N
1
?■:
.10
*40
3-D
—1965
—1965
~8
.
18
/ 98
111% 111%
3-D
3'As-——1970
■?
89
106% 106%
M-S
'3-D
Minn Nor Div 1st 4s_—1948
& Ga Div 1st 5s—1956
(NY) 1st cons gold 5s__—1995
Auto-Lite 2'As debs—
1950
Empire Gas & Fuel 3'As——,--.1962
Erie Railroad Co—
'
1st cons M 4s series B
—-1995
A Gen mtge inc 4'As series A_fr—2015
N Y & Erie RR extl 1st 4s—.—1947
78
38
8;
of
ACertificates
.
//' *98'/8
A-O
Kanawha & Mich Jst gtd gold 4s._1990
AK C Ft S & M Ry ref gold 4s_1936
Kansas
Ed El 111
1—
8'A
7%
31%
J-J
East Tenn Va
stamped—;
6%
30%
8%
..
M-S
Atl gold 5s—1937
Light 1st M 3Vis
1965
Elgin Joliet & East Ry
El Paso & S W 1st 5s
:v-"
7%
30%
F-A
East Ry
*
36%
F-A
t§ADul Sou Shore &
5s
34%
A-O
Dodge 4s ctfs.
-1935
tADes Plains Val 1st gtd 4'As
1947
Detroit Edison 4s series F——— -1965
Gen & ret mtge 3'As series G—1966
Gen & ref 3s series H—i
—1970
Detroit & Mackinac 1st lien gold 4s 1995
ASecond gold 4s——.—
1995
Detroit Term & Tunnel 4'As——1961
Dow Chemical deb 2'As
—.—-1950
Dul Miss & Iron Range Ry 3'As—1962
Elec
35%
1978
5s series B—
':
53
22
62%
96
K
107
3-3
4s—1936
61%
9 5'/a
01%
J-J
Steel 3'As___—1961
108%
3-3
tADes M & Ft
Duquesne
'
*103% 106
& Laughlin
Jones
108%
100%
103'A
2
100'A
100 %:
3-3
102%
2
•A 102% 103%,
J-J
(subject to plan)-.—
AAssented
ARef & impt
73%
•301.
69% •*71'A*
71
j-j
—.————1969
—
—1969
ref 4'As—
&
108%
56%
*101'A
3-D
:m-N
Light 1st 4'As—1971
Delaware Power &
105%
107% 107%
107%
J-J
t970
B—1965
L 1st mtge 3s
Dayton Union Ry 3'As series
Delaware & Hudson 1st & ref
71
66
12
52%
75%
32%
33%
91
29%
42%
32%
23
28%
40
35%
36%
77
32%
45
34%
1950
44
.68'%
32
34%
5
31%
41%
42
43
33
35%
68
J-J
49
68%
54'%
F-A
gtd 5s_;——1954
68%
8
55%
'•54
55 ■•'//
•'
JFonda Johns & Glover RR—
(Proof of claim).———1982
ACertificates of deposit-.
§ A2-4s
3s debs—1956
Francisco Sugar coll trust 6s——1956
Food Machinery Corp
M-N
9'A
10
*9%
3-D
Ai
—
*90
4%
14%
102'A
10%
'103%
M-N
4'A
10
102%
80%
94
94%
!m-N
-
32%
M-N
2003
2003
...2003
1
/ 4'As registered————,—2003
5s stamped modified———2003
Lehigh Valley Terminal Ry ext 5s_1951
35%
4s
registered—
—
4'As stamped modified
.
.
*1949
Gen Steel Castings 5'As_—_—1949
t A Georgia & Ala Ry 5s
—Oct 1 1945
j§AGa Caro & Nor 1st ext 6s__—1934
Goodrich (B F) 1st 4'As
—1956
Gotham Hosiery deb 5s w w
1946
Grays Point Term 1st gtd 5s__
1947
Great Northern 4'As series A
„1961
Gas & Elec of Berg Co cons 5s
'
General 5'As series B
1——.1952
1973
General 5s series C—
.1976
General 4'As series D—
General 4'As series E__
1977
J-J
102
v
45
J-D
17
105'A
10
99%
"100
.'/
•■■
101%
99%
~7
109
112%
19
102%
112'A
12
92'A
108'A
25
■83%
52
110'A 110%
lll'A
lll'A 111%
J-J
106%
106% 107
J-J.
100
99'A
'
99% 100
98%
99%
83%
100%
102 Va-
3-3
103%
103% 103%
25
99 Va
105%
Gen mtge 4s series H
3-3
102%
102% 102%
92
92%
55
99
103%
192
1946
1946
Gen mtge 3%s series I_
—1967
A Green Bay & West deb ctfs A...
Feb
*62'A
Feb
11%
J-J
89%
90
2015
J-J
63%
64%
1952
J-J
AGen mtge inc 5s series
A.
93%
15
14%
69%
7
35
:
4s series A__——1962
M-N
*107%
to——.1950
Long Island unified 4s__——.1949
A-O
54
69'A
f 4Vis—
.1961
Gulf States Util 3Via series D
1969
*97
A-0
*105
M-N
;
*108
-
110
--
132% 132%
M-N
*81
M-N
Hudson & Manhattan
1st
5s
A
J-D
105%
57%
M-N
-1957
F-A
56
A-0
28
-
80
3
105%.105%
57%
127
.
85'A
M-S
102%
M-S
102 %
ref gold 4s
1949
stamped///.'———.1949
Lorillard (P) Co " deb 7s—
1944
5s debenture/-—-1951
Louisiana & Ark
A-0
F-A
M-S
Lou & Jeff Bridge Co
M-S
%s_——-1966
gtd 4s——-1945
/
&
1st' &
&
5s
A
98%
104%7
98%
104%
4
106%
110
120%
122%
78%
94 %
91
92
46
Ill
1
■
103
97
A-O
92%
7
J-J
2
M-S
93
93
M-S
*105
100%
1st gold 4s
1st gold 3'As
62%
118%
-.
-56%
36
46%
61%
28
-
-28%
37
19%
Maine Central RR 4s series' A—1945
Gen
mtge 4'As series-A————I960
1
J-D
91
"
J-D
56%
M-N
64
Sugar 4s sink fund__Feb 11957
RR & Lt s f 5s——1953
91
-
,55
63%
1st
Collateral
trust gold 4s
Refunding 4s
3%s~
Collateral trust gold
For
footnotes
see
*96'
A-O
*96
M-S
*44
101% 104%
968.
'
61 'A
60%
61%
19
59%
59
59%
113
J-J
56%
55%
56%
7
M-N
60%
60'A
61
29
.
49'/a
*46
M-N
45%
94
59
70
45%
*25%.i50
—
:
.
western
—1941
1st gtd 3'As
Marion Steam Shovel
A Stamped-..//-——
s
f 6s
•
J-J
A-O
—1947
A-O
*447/a
,2
101'/e 101%
•
Q-A
60%
F-A
*9%- 11
Railway—':•/
:
/
47
60%
43%
57%
1945 *
McCrory Stores deb 3'/4
.1955
McKefeson & Robbins 3,%s_.
—1958
Metrop Ed 1st 4 %fe series D—_—1968
Metrop Wat Sew & Drain 5'As—.1950
61%
t§AMet W Side EMChtc) ?4s_—1938
ext 5s____.
99
,
70
100%
Market Street
(Stamped mod)
39
—
*101
97
65
84%
47%
96'A
51%
»
18
21
60%
M-N
A-O
26
64%
96
65
,119%;
56%
92%
97
'
1955
~
4sIIIZlI~1953
page
97% 100%
*98'/a
i952
—1952
.
lines
J-J
x951
gold 3s sterling
Purchased
J-J
3%sIIIIIIIII195I
93/
105%"
101
110
91%
M-S
Manila RR (South Lines) 4s_____1959
1§ a Manitowoc Green Bay & North¬
1951
gold
v,
94
19
7100% 100%
M
31
1951
——
1st
-.
78%
105
■4u
105%
40%
.,
Extended
"■
14
;
*110% 111%
M-N
109%
105...;
104
107
3-3
105%
,106%
105
*98
F-A
95%;
102%
109 %
*107
3-3
100
85
54
A
^
108
88%
88
56
102% 102%
103%
2
92%
92%
A Manila Elec
J-J
111%
104%
,,94% 104%
17
97
103% 103%
A-O
—2003
Unif mtge 3'As series A ext——1950
Unif mtge 4s series B ext.
—I960
Manati
Illinois Bell Telep 2%s series A—1981
Illinois Central RR—
109%
7
102% 103%
A-O
4sz—Z—1946
1980
Mob & Montg 1st gold- 4'As
1945
South Ry Joint monon, 4s—
^1952
Atl Knox & Cine Div '4s—i:
-1955
132%
.7
103%
*106% 109
A-O
series B/_z_.—
1st & ref 3%s series E—^
24
20
'.77
7 A / 7
2003
ref: 4'As-series C———2003
ref 4s'series D—___—.2003
ref
102%
*103%
Louisville & Nashville RR—
1st
/
102,
102% 102%
,102
111
91%
3-3
1st 5s series A—1969
Louisville Gas & Elec 3
111%
117'A
38
-58%
*117% 119
Feb 1957
AAdj income 5s
-
.
104%-;.
106% 106'%
*121% 123
Guaranteed
4s
H
J-J
106
103%
99%
Paducah & Mem Div,
Houston Oil 4'As debs
1954
Hudson Coal 1st s f 5s series A—1962
Hudson Co Gas 1st gold 5s—
1949
109%
122%
106
-/
St Louis Div 2d gold 3s——
Hocking Valley Ry 1st 4Vis——*1999
*§AHousatonic Ry cons gold 5s
1937
106%
121%
8
;/Tv
*104% ,7
gen
Long Dock Co 3%s ext
97
ID?% 105
-106
107%
M-S
Miami
Little
94%
97
•
debenture//—
69 %
9
64%
106% 106%
122'/4 122 %
1st
Gulf & Ship Island RR—
1st & ref Term M 5s stpd
s
75%
58
12%
_1975
Gulf Mobile & Ohio 4s series B
Gulf States Steel
92
B—»
ctfs
A Debentures
3-3
F-A
<
General mtge 4s series G
;
J-J
A-0
—1951
5s
,
120%
105%
6
Libby McNeil & Libby 4s—.—^.1955
50
75
115
107
Liggett & Myers Tobacco 7s—1944
109
97
,
J-J
3-s
34%
:
►120% 122%
A-O
107
55%
101% 101%
101%
J-D
J-J
56
-A
107% 107%
107%
M-S
103
19 "■ A
30
22%
19%
*37
J-J
98
13
101'A 102
22%
J-J
42
A-0
1st 50-yr 5s gtd—.——1965
Lex & East
J-D
M-N
99 %
'
103
100
102%
/
12
89%
99%,
105%
106%
108
r3
106%
109%
J-J
108
111
112
10
111
M-S
113%
94
96
2
84
A-O
A-O
*108
108%
6%
96
12%
THE COMMERCIAL &
Number .4209
Volume 158
■'
■■
York
New
Week Ended Sept. 3
Last
Interest
Period
Exchange
Stork
Week's Range
or Friday's
Friday
BONOS
r
;
104%
M-S
93 y2
51%
A Ref
*101%
74
50
50
22
55
25
23 y2
>7-'' > V:
■W;-."1.-
ny2
65
57
61
65
9%
gAlst stamped 5s gtd as to int__1938
1946
4s stamped-..—___-~1938
.1938
Alst & ref 6s series A-—-.-
•
;• > 2%
Prior lien 5s series,
8
of
AGeneral 4s_.___
16%
30
32
4%
10
X
>6
4 y2
49
64%
.
98%
:
93:
50%
.
7%
72%
1%
>
99%
50
59%
58%
J-J
47%
46%
48%
28%
27%
J-J-
■
;
-
^
-
.59%
47%
181
40%
:
33%
52:
;
50
.
;.
.45
28%
63
.
•:
'56 Va
.- >,
21%
'
51
53%
20%
21%
366
50%
54'/a
613
59%
59 y8
ii:
■
•54'/a
50%
Ti%
50%
36 y8
205
54
11
53%
M-N
•A-O
:
11%
53%
59%
-
5%
170
36%
deposit..
107
J-D
3s registered...
Ref & impt 4%s series A..,
1
110
103%
107%
89
96%
45%
46
53
37y2
45%
46%
72
40%
40 y8
41%
58
•'
,137
06 %
66%
21
55%
19
55%,
68%
105
Transmission^ 1st
5s_
England RR gtd 53——-1945
A Consol gtd 4s——--4———m-1945
New England Tel & Tel 5s A-—---1952
1st gtd 414s series B—
—1961
N J Junction RR gtd 1st 4s——1986
N, J Pow & Light 1st 4%S——;.1S60
Nfew Orleans Great Nor 5s A-——1983
N 0 & N E 1st ref & imp 4y3S—1952
New Orl Pub Ser 1st 5s series A—1952
J-J
'.
82%
109% 110
1st gold.5s.._... 1946
106%
105
1st & ref M 3s series
1031/8
105
-95
100
,5,'
3 'AX
,108
*109%
Paducah & 111 1st s f
J-J
*105
gold 4%s_—1955
108%
"v 8
94%
93%
105% 105 y2
106
80
83%
Trans
1960
deb 6s—
95%
J-J
95
67%
F-A
67
Guaranteed 3y2s trust
ctfs D
1944
1963
64%
Pennsylvania Glass Sand 3%s—■;
1960
64y8
Pa Ohio & Det 4y2s series B_.__„1981
Penna Power & Light 3y2s.
72
50
67%
7
511/4
70
65
46
49%
711%
44%
611/4
52%
79%
43
73
47%
24
72
4%s
:
—
'
75
53 y2
547/a
M-N
83
82
.1997
J-J
83
J-J
•
.1998
F-A
.1998
F-A
79%
64
A-O
76%
:
—
A-O
109 y8 109%
AIncome
95 »/2
104%
4s—.—.
-^Apr 1990
series B_
19744
,
Apr
97%
,
97%
J-J
89
1956 '
J-J
1980 1
M-S
70%
J-D
io6%:
*117%
*109
5s
stamped.—-———1973
106
nooii
F-A
*126
,111%
,
*101%
X- ';.
.
1
-.
i4v
■■■
100
100
'""ZZ
.
65 y2
75. /
.
•
.
V
55%
\
74'A
B0'/*
60
■a"/V:
i
41%, 42%.
M-S
M-S
41,% :.
"41%
-41 %
A-O
J-J
x: 34
31
,
,
M-N
41%
6s...—....1948.
J-J
A-O
6i
Alst & ref 4y2s series of 1927—.1967
J-D
47
'.
'
52
-
44%
cons
gtd 4s
N Y Steam Corp
For footnotes
1st 3y2s
see
page
.1993
M-S
8
J-D
4
•'
968.
31%
:
.■
A-O
53%
.
4
.
*110V2 111
J-J
107%
,
44
15
71
105% ,105%
7.''
7 ■'
5
5
105% 106%
106%
107%
102
37
M-N
*105%
.1949
f-A
*103
1953
J-D
*112%
10
112%
104%
20%
40%
8%
15%
105%
104
2
104%
3y*
1
4%
7%
51
104%
110'/*
105
105y«
..
M-N
*113 »/8
..
guaranteed^.—. .1945
Series E 3%s gtd gold
F 4s guaranteed gold
Series G 4s guaranteed—
.1957
62%
78
Series
,21
55
90% ,103 :-6%
12'/a
7
41%
18
no
.
58%
niya
105,
4
Series D 4s
Seri is
8%
2
,
107 y8107%
53
49 y*
,
:
Series H cons
106%
9
108%
106%
109%
-
106
110
112%
111% 113'/a
112%
*113
F-A
114
—
119%
123%
M-N
*122 4
119%
.1970
J-D
*115% 116
105%
123%
116y8
Gen mtge 5s series B—_.. .1975
Gen 4y2s series C~
,.1977
A-O
116
J-J
107%
107'
4%s A--, ,.1952
M-S
102
J-D
5
98%
103
17
98%
103%
...
J
cons
guaranteed 4y2s. .1964
Gen mtge 5s series A
—.
,
*104% 108
J-J
52
'
9
52%' 54
M-N
^.1958
1965
M-S
96
.110%
Pittsburgh Cine Chi & St .Louis-*-
36'/*
37
4y2
49y*
49'/*
.
18
.
49
.
guaranteed 4s... .1960
Series I cons 4*/2s—
.1963
37'A
v
,
/-
,
;
32%
.
,20
8%
8
•33
'
-
1963
N Y Queens, El Lt & Pow SVis.x
N Y Rys prior lien 6s stampx
23
-
101,% 102 y2;
102%
31V2
24/.:;
■•/
M-N
\
88
15%
t A Harlem River & Port Chester—
N Y & Putnam 1st
54
,
?
61%
42%
43%
r
•.
■31%
'
X-
41 •/
■
•48%.
60%
."15%
M-N
23
•r
41%'
4i y4
47%
IA Collateral trust 6s.xx—..1940
A Debenture ,4s—_x
1957
'
27..
,
42 ,c.y;
•41%^ 42%
42%
J-J
1956
41%,;
:>
41%. 42%:/
42
certificates 3y2s_—xl956
t AN Y Ont & West ret gold 4s_.—1992
AGeneral 4s—
—1955
3
■
'
MsSi—x_—1947
3y2s—
-1954
4s—x—1955
' 1954
40
v
3
X—'
111% 111%-
127%
; ii7y4
108% 111%
*105% 106%
J-J
J-J
in
.
110
14 y2
14%
107
100% 102%
36%
M-N
M-N
..
104%
118%
*103% 104%
J-J
M-S
_x
129
105% 106%
J-J
J-D
AConv deb 6s_._.—1949
64
21
J-J
110%
14%
91
106%
J-D
109
•
106%
83
M-N
M-3
5%
72%.
76%
gold 4y2s series C——1977
Philadelphia Co coll tr A'As.,
.1961
Phila Electric 1st & ref 3%8—
1967/
1st & ref mtge 2%s___——1971
^Philadelphia & Reading Coal—
/
»
■
106%
64%
General 4%s series D————1981
77
54
59
57%
General
97%
90
58%
7
101'/*
106%
1st gold 4s—19431
B
X
1974
98%
112'/*
44%
37
102'/a
series
90%
111
80
5s
Phila Bait & Wash
16
70%
General
—
54%;'
69%
85%
——
81
117
97
89%
96% .106%
95% 106%
80
94%
4s
II
98%
13%
14%
*105% 108
14
F-A
1st gold 4V2s series C_
110'/a
58
39
104% 105%
104%
1st
65
40
96%
104% 105
66%
1
M-N
41
119%
101%
,108
53
4s ext..—... I960
PhUip, Morris Ltd deb 3s—..1962
3s debentures
—.x——.1963
I§ APhilippine Ry 1st s f 4s.—,—1937
A Certificates of deposits
4951
Phillips Petrol l%s debs.
.:
110%
99%,
124'/a
110%
8
A-O
&. Eastern
117'/a
1st' 4s—' '.X
110%
108
*111%
115%
——
108%
5
108
88%
M-S
.....
—.....
111-.112%
■
20
62
.114% 115
96
A-O
*117% 117%
•
109%
7
97%
A-O
y4s series E
3y4?—
deb
A ref
M-N
106%
98%
.
123% 123%
F-A
114%
Pere Marquette 1st series A 5s—— 1956 V
86
io
iio:
97'/a
109 y8
Peoria & Pekin Union Ry 5%s.
108
18
*109% 109%
lio
97%
61
101
24
..
110%
109% 109%
A-O
J-J
82
99'/*
59
77
95%
.
M-N
J-D
70%
100
—
x.
,
95
110
M-N
64'/*
44
260
81
.76
A-O
107%
109
■57..
108
77% '
■
"
A-O
108%
105'/2
,
102
108% 109%
48%
:V-
1053/2 106
,
;
103%
106%
.101104
;
-
107
47%
21
91%
80%
105%
F-A
109%
J-D
66
.50%
57%
91
A-O
78
102%
14
4952
Peoria
53
12
.
61
58%
8oy2
67
57%
97
116% 117%
3
26
.1984
Conv
87%
69%
12
647/a
91%
105
104%
12
10
,
*108'% 109
4968
B——
Phelps Dodge conv 3%s deb——1952
A-O
78
97
104
*105%
4965
series A—.,
series
Gen mtge 4
74'A
61'/a
*56
.
111%
104
117
Peoples Gas L &" O ref.5s———..1947
61
67
86
'
—-
110'/2
102%
—
'
67'/*.
38
*58%
•:Z—'
1,
4!/2s
5s
52%
;
191
83%
79
F-A
.1998
79
F-A
.1998
...1969 '
———1974
Debenture gold 4%s—•....X—.1970
General 4y4s series D—
4981
'
67%
47%
.292
82% ' 84
.1997
51%
398
61%
60%
61
107%
J-J
—
•
'
320
60%
.1952
1
u*.'•••■
-
59%
54%
A-O
u__—
Pennsylvania RR—
Consol gold 4s—.....X—...1948
4s sterl stpd dollar——May 1 1948
Gen mtge 3%s series C
.1970
.1960
Cons sinking fund 4y2s„.
General
A-O
101%
109
75%
*103%
4
95%
108
107% 107%
F-A
.75%
48
72
60%
6
107% 108%
F-A
debentures—
50
2
22
69
69
F-A
106'/4
96'/2 101
...
*102
J-D
"41
68
■
72
J-J
77%
96%
F-A
63
73
106%
112%
103
23
101%.
117
M-N
...
67
A-O
77%
J-D
-
Gtd 4s series E trust ctfs—...1952
69 V
67%
F-'A
.103%
Pennsylvania Co-
97%
80y4
60
a"-o
101
A-O
60
*52
.
M-S
108
60%
.2
26
•
104% 104%
F-A
1944
44%
*55%
A-O
.105%
99% 101.
96%
108
90
95%
105
M-N
Paterson & Passaic G & E cons 5S.1949
97
103
■
7
Parmelee
111
105
5
■
106
v
73
112%
*111% 111%
85
77
112%
noy2
109
■.
101%
5
5 '
98 y4
110'/8
6
ill
105 y8 105 V*
J-D
'87%
-
111
A-O
Paramount Broadway Corp—
1st M s t gold 3s loan ctfs—1955
95
111
J-D
92%
13
9
J-J
.
Panhandle East P L 3s B—
95
105%
J-D
a
Pacific Tel & Tel 3'As series B
—1966
Ref mtge 3'As series C.:
—.1966
119
"70%
•
noy2 in
*111% 1121/8
deb
105'/*
no y4110%
F-A
AConv
99%
101
;;
4s._
110%
71
*99%
J-D
deb
106%
103 y4104
103%
39
J-D
Purchase money
A Debenture
109%
110%
108% 109
F-A
125%
*101% 102%
ANon-conv
107 y*
108%
109
__
8APac RR of Mo .1st ext gold 4s_.1938
§A2d ext gold 5s—
x.
1938
118%
*100%
deb
105%
109%
105%:
122%
J-D,
ANon-conv
104 %r
104% 106%
.x
J-D '
117
A-O
deb
110%
110
102
J-D
X-1971
?
mtge 3 %s. extended to—....1947
ANon-conv
111
107%
102% 102%
*106
109%
107
108
85%
-
70
16
series, C—.—i.———1978
deb
19%
100
109%
*110% 110%
J-D
*
1st &
82
116%
Y3
84
M-S
ANon-conv
13
12
106%
*106%, x.
Secured 4s—
tN Y New^ Havenr& Hartford RR—
A Non-conv deb 4s_———.-1947
37
J-D
J-J
21
J-J
.
33
M-N:
Otis Steel ,1st mtge 4%s ser A—.1962
*81
A-O
Pow,gold 5s
1948
gold 4s—:
;_1949
N Y & Harlem gold Vk&;—.2000
N Y Lack & West 4s series A—1973
i
4 y2 s series B......—.....XX1973
15
100
J-J
N Y,Gas El Lt H &
;
14%
M-S
50%
101'A
'109% 109%
J-D
.
15
low/, 108
*109
125%
J-J
—1950
N Y Connecting RR 3y2s?A—
1965
N Y Dock 1st gold 4s
—1951
;; Conv 5 % notes.—.——.—..1947
N Y Edison 3Mis series P——*X-1963
1st lien & ref 3 Vis series E
:_1966
14%
108
*109%
117%
.
A-O
debentures.——,
109'/a 110%
110% 112 »/4
46
General
N Y & Erie—See Erie RR
M-N
J-J
125
A Certificates
1st
J-J
J-J
117
117%
M-N
New York Chicago & St Louis—
Ref 5'/2s series A———1974
111% 111%
1946
103 y8
.
.\t3
...
83%
83
J-D
F-A
100
82%
J-J
.
20
'101
J-J
68%
tNew Orleans Texas & Mexico Ry—
6s
M-S
..1945
32
Xo.
*116 y2
J-D
.2013
79
109% 110
J-D
debentures.
108 %
:
105 v
•100
M-N
Newark Consol Gas cons
4%s
110
J-J
1st gtd gold 4s_1948
18
105
.2013
78%
"
31%
30
103% 104
A-O
Ref
79
F-A
1944
105%
v.X
107 V8 107%
mtge 3S-——;--1965
.1998
58%
56
66>/a
35%
3
103% 103 y8'
.1945
38
65%
.1964
ref mtge 3%s series H.-.-.1961
1st & ref mtge 3V2s series I__
.1966
1st & ref mtge 3s series J
1970
76%
103%;
Newport & Cincinnati Bridge CoGeneral gtd 4yas——
N Y Central RR 4s series A——
Ref & impt 4%s series A——
Ref & impt 5s series C
Conv secured 3'As————.
N Y Cent & Hud "River 3% s—
3%s registered———
Lake Shore coll gold 3 % s—
3 '/2 s registered—————
Mich Cent coll gold 3Mis——
3%s registered—————
59%
65%
Elec 3%s
Pacific Coast Co
75%
:
M-S
B—.——1954
of deposit——
A 1st 5s series C—..1956
A Certificates of deposit—
—
Alst 4'As series D__—.X—.1956
A Certificates of deposit-—-——
Alst 5%s series A—
1954
ACertificates of deposit.———
59 V*
40%
50%
112 y8
M-3
series
69
42
65%
^1961
UVA
Dairy Prod 3'/*s debs—,——1960
Distillers Prod *3%s_——-—1949
5s
2
74
10
65%
J-J
Oregon-Wash RR & Nav 4s__
*111%
3'As sinking fund debentures—.—.1949
A 1st
86%
57 V4
52%
1103/8
107 J/4
B——.—1955
89
86 y4
46%
J-J
513A
108%
3-D
1st gtd 4s——1953
94%
52%
•
57
102
J-J
Guaranteed stpd cons 5s—.
*109y4 110
75%
,1A New
69%
727/a
91
-2047
Oregon RR & Nav con gold'4s_—1946
Ore Short Line 1st cons gold 5S...1948
96%
M-N
tANaugatuck RR 1st gold 4s
1954
5s——1948
65
50
—2047
1946
100
99%
J-D
§ANon-eum inc 5s series A—1935
a Certificates
of deposit————
75%
89%
J-D
Ontario
113%
8
107%
19
M-N
123
114%
62%
81%
68'/*
Pacific Gas & El 4s series G
.
59%
I960
4s
N
1st St ref 5s series
119%
113
..
M-S
113%
99%
F-A
New Orleans Term
J-J
—2047
90%
.—1943
Ohio Edison 1st mtge 4s
^——1965
1st mtge 4s..-.
——___1967
1st mtge 3%s—
.1972
105 %
111%
99%
A—-.1978
1st
102y4 103%
O
65
45%
M-N
105 Va
48
Q-J
Q-J
Q-F
Q-A
impt 6s series B—— ,....2047
tS AOg St L Cham
100%
45
99%
J-D
5s series A—
Steel
12
132%
102%
123
*~
59%
101%
*95
40
124%
A-O
2047
,
Northwestern Teleg 4%s ext.,
59
-91%
60
107
J-J
M-N
National
1
85%
49
34
15ya
35%
347.
*112% 112%
113% 113%:
A-O
1955
B———1955
Mountain States T & T 3'As
.—1968
Mutual Fuel Gas 1st gtd 5s—1947
Nat
132
73
29%
59%
100%
59%
A-o
Constr M 4%s series
Nat
1
*115%
Oklahoma Gas &
1965
3%s-—-1966
Nash Chatt St St L 4s series
7
*102% 102%
.....
58^
*105y8
5s ext—_——1951
Constr M
272
54
100
100%
F-A
debs——1958
& Essex 1st gtd 3Mas—2000
Morris
50%
M-S
debentures.;——
Tramways
of
Ohio Connecting Ry 1st 4s
4%s.....———1960
Montreal
53%
M-N
Morrell (John) & Co 3s
108% 110%
108% 112%
102% ,106
19
38
132
132
M-9
(Minn) 1st & ref mtge 3%s. —1967
(Wise) 1st mtge 3%s
..—1964,
58%
38
Monongahela Ry-3'As series B——1906
Monongahela W Penn Pub Serv—
Power 1st & ref
■
F-A
tSAMissouri Pacific Ry— ...
3rd 7s extended at 4% ....July 1938
Moh'k & Malone 1st gtd gold 4s_—1991
6s
ACertificates
58
35%
53%
M-N
deposit..
Montana
O-A
83%
38%
38
38
102 J/4 102%
Ref & impt 5s. series C.
/Ref & impt 5s series D.
Northern States Power Go—*
27%
59%
■
35%
36%
1st ratge
F-A
123
V
35%
91
•
M-S
....1980
.
82%
38%
,
A-O
Northern Pacific prior lien 4s, X...1997
4s registered-.-—, .—1997
Gen lien ry & Id gold 3s... .Jan 2047
" 38
,19
'.
35%
'Z-1949
.
22 V4
■2
F-A
Ref &
53%
M-S
....1981
111%
8%
'
J-J
cellation of "guarantee).....Z.1945
52%
.
.35%
.:
73
—-
—
Alst & ref 5s series I—
A Certificates of deposit
109%
66
18
M-S
.
'F-A
deppsit———
1975
!ZxI978
of
..
90
25
*109V4 109%
105
105%
A-O
19%
16
83
''
17%
F-A
59%
35%
Certificates
'•
1
17
45%
9%
^Northern Ohio Ry—
Alst mtge gold 5s (stamped can¬
100
41%
15
108% 108%
'
x„
High
32
14
110% 110%
•
—
V
M-N
.
A-O
;-..1977
A
J-J
Low
25.
14%
North Central gen & ref 5s
..1974
Gen & ref 4y2s series A........1974
31%
15%
71 y2-
*83
110%
M-5
No.
10%* 10%'
J-J
Range Since
January 1
Sold
35%
3%s......x..,1949
...__.___._),1954
'.'•■■ Debenture 3%s_—
,
A..—......1965
& ref 5s series
A Certificates
4Vk
North Amer Co deb
30
3
6%
:»70%
J-D
adjust 5s series A—Jan 1967
^Missouri Pacific RR Co—
A 1st
.6%
16
33%
M-N
Ry Co-x
1st mtge 4%s series A.
1998
A Gen mtge 5s conv inc..»....i.2014
tfANorfolk Southern RR 5s A---.1961
Norfolk & Western Ry 1st gold 4s_1996
■
64
,27,..'
26%,1 27%
X
J-J
40-year 4s series B_._....-„_.-.1962
lien 4 %s series D_——1978
A Cum
27
J-J
A__'—...1962
Prior
254
27%
.
...1943
Y
Bonds
High
:
(
t
,
Friday's
*12
.
F-A
.
•27
;
M-3
J-J
5%s..~
........1949
; A 1st & ref 5 Vas series .B—.,—.1978
1A Missouri-Illinois RR 1st 5s
-1959
Mo Kansas & Texas 1st 4s—-•..1990
Missouri-Kansas-Toxas RRr-»
*'
A25-year
;
'.
26
J-J
cons.
§ Alst consol 5s—x.
-i
=
26%
J-J
J-J
J-J
§ A 1st
ATerminal 1st gold 5s_.
,34%
F-A
,
7'/a
27/s
tMinn St Paul & Sault Ste Marie
i
or
Norfolk Southern:
27
'
39
Week's Range
Last
Sale Price Bid & Asked
J-J
Telephone 3l/4S series B..:
^.1967
t§AN Y West &. Bost 1st 4%s..x„1946
Niagara Falls Power 3y2s__.—....1966
Niag Lack St Ont Pow 1st 5s A...1955
Niagara Share (Md) deb 5%s.....i950
63
27%
'6
.
N
81'/a
38
24
'
„>
7
•.
.
30
:
25;
6%
78
88
56
50%
tSAN Y Susq & W 1st ref 53..—.1937
§A2d gold 4%s..^...
.1937
§ AGeneral gold" 5s
/
.a940
6104%. 109%
49%
63
10
81 y2
51%
X.X ,72%':
...
M-N
M-S
Q-F
50
81
■
57%
18
104% 104 %,
Period
Low
92%
101%
97
14
•
Friday
Interest
High
78
—
71»/4
J-J
series A—1962
& ext 50-yr 5s
jVo,
High
*91%
Michigan Central—
Jack Lans & Sag 3%s_X—...—1951
M-S
1st gold 3%s_.-..~
^.^1952
M-N
Ref &.impt 4%s series G„-,.....1979
J-J
Michigan Consol Gas 4s.—M-S
$§AMidland of N J 1st ext 5s
1940
A-O
i }§ AMilw & Northern 1st ext 4'/2s~1939 J-D
AgConsol ext 4'/as
.—»:..1939
J-D
t A Minn & St Louis 5s ctfs..—
1934
A 1st & ref gold As-.—i——1949
January 1
Low
BONDS
New York stock Exchange
Week Ended Sept, 8
Range Since
Sold
Sale Price Bid & Asked
Low
t AMilw Spar & N W 1st gtd 4s—-1947
t§AMilw St State Line 1st 3%s....l941
Bonds
FINANCIAL CHRONICLE
Pitts Coke & Iron*
Pitts Steel
1st
conv
-
116
30
105
117
107%
14
100
102%
12
95
107%
103%
116
,.1950
J-D
103% 103%
103
103 y*
,.1943
M-N
*-_
rptge 4y2s—, ,.1950
1st mtge 4%s series B.::
Pitts Va St Char 1st 4s gtd.
*122
F-A
pitts & W Va 1st 4%s series A—, ..1958
1st mtge 4y2s,series B—w .1959 *
.I960
1st mtge 4%s series
106
..
55
64
A-O
59
59
59 y4
41
53%
63%
A-O
59
59
59 y2
15
53%
64
J-D
58%
58%
59%
,
THE COMMERCIAL & FINANCIAL CHRONICLE
968
Monday, September 6, 1943
NEW YORK BOND RECORD
u
Friday
BONDS
Sold
January 1
High
No.
or
Friday's
Low
& Ash 1st 4s ser A_. —1948
Pitts Young
_1962
F-A
-1974
-1977
4%s series D
1st
-1960
—
1st 4%s
Portland Gen Elec
_1950
1st 5s extended to
El
Potomac
108%
118%
123
Texas & Pacific
1st
&
ref
&
ref
mtge
1st
&
ref
J-J
-
*110-%
100
100
M-N
;
U.
*__
*91%
M-3
J-J
Af-N
J-D
1977
A-O
&
ref
5s
series
C__.;
ref
5s
series
D
83%
83
18'/a
93%
112%
145%
97%
8
88%
93%
94
44
78%
93%
93
93%
28
78
105'A 105%
3
97%
1st
& BUff
Gas
Elec
&
4s
1st
"
A-O
J-D
1st
gold 5s
M-S
5s
1945
1967
_.
Union
95%
Pacific
&
1st
95%
land
J-J
J-J
35-year 3%s deb__
103%
105%
Ref mtge
19
101%
102
66
102
\*>.
1
101
,
—
75%
75%
75'/a
42%
41
4 2'A
109
M-S
*124%
MS
United Biscuit 3%s debs___
50
27
*109
..1955
United
J -J
'■ 13
14%
9%
'
15%
J -J
*62%
—1996
A-0
*60
70%
Af-8
5s stpd
1959
1955
lien 4s A
1950
JASt L Peor & N W 1st gtd
L Pub Serv 1st mtge 5s
1948
5s
St
St L Rocky Mt & P
}ASt L-San Fr pr
deposit
A Prior lien 5s series B—
ACertificates of deposit
A
M-N
,__May 1 1950
M-N
ACertificates of deposit
tSt
4s inc
-1952
unifying 5s_.
ref gold 5s series A
5 A 1st term &
1990
St Paul & Duluth 1st cons gold 4S-1968
fASt Paul E Gr Trk 1st 4Vis
1947
t§ASt P & K C Sh L gtd 4'/as
1941
St Paul Union Depot 3'/8S B
1971
Schenley Distillers 4s s f deb——1952
Scioto V & N E 1st gtd 4s
1989
&
AGen
70%
45
44
99%
99'/a
99'%
10
91
J-J
82
82
82
5
73
J-J
33
30%
33%
370
19
36%
33%
4
18%
36%
m-s
"
33'%
35%
M-N
—
1 1953
M-N
—
—May 1 1954
M-N
—Nov
1 1954
M-N
—May 1 1955
M-N
Power
35%
872
19%
Va
J-J
40%
8
19%
85%
5
67
28
46'A
66 %
40
41
,83
27'A
& Coke
Coal
Iron
1st
87'A
61
6%
17"
101'/a
104
23
103 %
M-N
//
A-O
A-O
v.'
-i"
debentures
'
Power 6s A
.
8%
8
85
18%
50
25%
23'/a
25%
341
24%
22%
24'A
60
14
29%
33 %
33%
3
31
56%
83
21'%
*21%
23
J-J
101
32
22
F-A
22
4%
45
*101% 102
J-J
F-A
50%
A-O
104%
"l
104% 104%
3
gen
& gen
109
J-J
J-J
104
Aug 1949
87%
J-D
15%
86%
63
87%
1969
Af-N
61
60'/a
61'A
1981
J-J
1950
1st 4s
59%
60
Af-N
1946
100%
100
132
Gen
103
1st
44
71
34
49%
26%
31
&
ref
—1994
1st cons gold 5s
123%
109%
105 %
90
87%
69%
4%s series C——1978
A-O
—1980
A-O
53%
66
60%
120
52%
100%
31
93%
85
25
86%
87%
66
100%
98%
'
86
*—
106%
76
105'A 106%
92
106%
76'A
75%
76%
98
68%
81
95
95
95%
23
87%
98
A-O
—1996
J-J
Bell Tel 3%s B
—1964
J-J
—1972
M-N
4s__
Oil of Calif 2%s
F-A
92
84
101
100%
12
21
,89'A
"5
106
/'
Q-M
—
F-A
—1950
31
88
J-D
stpd
gtd_
107%
111%
50
41%
50
104% 104%
2%
debenture
106%
J-J
—
Studebaker Corp conv deb 6s
—1945
J-J
104
Superior Oil 3%s debs
Swift St Co 2%s debs
—1956
M-N
—1961
M-N
96
104
119%
—.
J-J
-M.
11
120%
,
5
111% 111%
—
Western
Maryland
ref
_i_1952
91'A
90%
91%
J-J
99%
99
99%
112%
54
84'A'
v..
10
95
94
102
70%
1946
M-S
65
63%
65%
44
36%
M-S
65'A
62%,
65%
71
36'A
99%
99% 100
31
84
100'A
87%
100
1st 5s ser A.
A5s assented
1950
M-N
1951
J-D
1960
M-S
Westinghouse El & Mfg 2'As-—1951
—2361
West Shore 1st 4s guaranteed
M-N
Western Union Teleg gold 4%S—
gold
112
110%
'../■■
.•
110%
106
—1946
JAWestern Pacific
i,-.
A-0
—1977
1st 4s
5%s series A—
108%
5s__,
5s_
99% 100
100
;
J-J
J-J
—
J-D
1949
—1960
1st 4s
$ A Wisconsin Central 1st 4s
,
92%
92%
ACertificates
of
of
M-N
23
20%
23
-
108'A
61
56
%
104'A
111'%
88
92%
100%
101 %
116%
52
47%
64%
47%
426
60'A
14%
26%
15'A
23%
110%
112 %
3
107
108%
9
101% 103%
95% 101'/a
»
.
J-J
41%
98%
102%
114%
20
*111% 112
A-0
Wisconsin Public Service 3'As— —1971
47
/
1
>.1968
43
102%
—
59'A
•
deposit
Wisconsin Elec Power 3%s_;
'•
92%
59%
56
59%
deposit
§ASu & Du div & term
ACertificates
J-J
1st 4s_ —1936
'
*116%
J-J
83
101'A
109%
^
101
101
101
A-0
—1949
37
51%
"
*111%
M-S
.
172
54'A
50%
*104%
M-S
Wheeling Steel 1st 3%s series B.—1966
& Co 1st mortgage 3s__. —1958
Wilson
5
52%
53%
—2361
Pulp Si Paper 3s
Wheeling & Lake Erie RR 4s
96
102
—1954
Registered
West Va
83
98
102
96%
97%
70%
108V4 108%
103%
112%
3
102%
54
104%
106'/a 106%
9
105'A 105'A
25
Youngstown
Conv
Sheet & Tube—
1948
M-N
102% 103
M-S
1960
deb 4s
101 %
101 %
101
42
106%
102 %
101%
111%
103%
f 3'As series D
104'A, 105%
26
103%
104
*106%
—
98'A
45
103%
110%
lll'A 111%
M-3
-1963
—1966
3'/as series I
mtge
*120%
*110
—
'
J-D
.
*104
-TV
J-D
—1967
2
1
!
91
37
96
98
*100% 103%
F-A
—1945
31
37
37
F-A
gtd gold 3%s__2000
3%s
mtge
1st mtge s
1961
28'/a
96
.97
A-0
—1955
1st mtge 4s
1st ref
-
Standard Oil N J deb 3s
25%
.
111%
107
*111
--
28%
—
■
*28
30
26%
'■
v
60%
108%
107%
111'A
*111% 112'A
107%
Apr
1966
debs
2013
25
99'A
101% 102'A
—
J-D
—1968
C
Serv
98'/a
100'A 100%
J-J
,—1951
99'A
.
—■
89%
82
A-O
—1956
gen
series
J-J
70%
82
139
85
A-O
ASpokane Internat 1st gold 4%si
Stand
J-J
*26%
-•
-
27%
*28
•
68'A
175
-•-1956
6s__
Pub
*29'A
—
F-A
109%
—1956
4s series A
3s
M-S
'
.„1976
5s series B
107
r
100
37
47%
105%
104
72%
83%
29
57
West Penn Power 1st 5s E—
102
50%
40
55
85
98
'•
r
98%
Westchester Ltg 5s
'
54%
97%
A-0
J-J
6%s
Mem Div 1st gold 5s
St Louis Div 1st gold 4s__
1st
/
97%
Winston-Salem S B
->1955
ref gtd 4s
Stamped
Southwestern
■
55%
1st 40-year guaranteed 4s
29%
98%
68
♦83
4'/as
Southwestern
.
30
102
103%
104
63
33/4S
86
111
46%
98%
J-J
1948
Washington Central Ry 1st 4s—
Washington Term 1st gtd 3%s__—1945
105'/a
65%
Gold 4'/as
72'A
108%
57
Warren RR
107'A
109% 109%
62'A
&
110'/a.
46%
Walworth Co
123
109
A-O
64%
Devel
110
Apr
29%
1st &
62%
gen
5
19
85'A
84%
••
110
96'A
92
Apr
30%
105%
106'A 106%'
64%
gen
_
1
14
101%
*103% 103%
Af-S
&
.
90
104%
'/
■'
1981
1971
15
99%
50%
50%
Af-S
&
95
110%
79%
'
30%
nil
101%
1968
Devel
M-S
''u>
95
A-O
13%
14%
-
—1949
1977
registered—
(Oregon Lines) A
Devel
*110
1966
90
J-J
114
112
«
1991
30-year
1st 4'/as
Southern Ry
90
F-A
2003
108%
113%
110'A
3
'
■
111% 111%
111%
inc series A
A Ref
19%
Gold 4'/as
1st
M-S
ARef & gen 5s series D
18%
MS
101 'A
7
*113%
M-N
M-S
Ui;..
50
8'A
MS
102%
97%. 102%
108%
*108%
F-A
1955
1957
•
49%
19
'
South Pac RR
97%
inc 4'As ser B
25-year
Term
42
98%
98%
W
'
28
40%
Pacific Co—
Fran
98%
1
27%
40%
A-0
San
100% 101%
8
8
93%
100
F-A
—-1968
mtge 4s series A
AGen mtge 4s
39
F-A
1963
1962
1979
1947
secured
101% 102
102
103'A
102%
*102
—
.
h
AGen mtge
*40
A-0
1964
10-year
102%
:
A-0
gold 5s__1949
1st
-
\
'■
.
.
1st
-
17'A
Oct 1949
1959
Socony-Vacuum Oil 3s debs
South & Nor Ala RR gtd 5s—
South Bell Tel St Tel 3Vis
Gold
101%
„
Wabash RR.,Co—
24%
40%
J-J
4s
—
*102%
102% 102%
t A Wabash Ry ref & gen 5%s A.—1975
F-A
coll)
102%
*101% :
„
124%
"124% 130
1950
Pac
101%
102%
1958
;
r.
•:*'
';'
106
123
•
31
1
24%
26
103% 103%
103% 104
1950
Skelly Oil 3s debentures
(Cent
103
—
1944
5s
cons
50'A
85
94
Af-S
F-A
4s
102%
101%
*102%
82
61'A
25'A
103%
101%
-.
97%
77'A
*19%
J-J
F-A
A-O
101%
% 102
A-0
Virginia Pub Serv 1st mtge 3%s—1972
39%
*88%
J-D
101'A
101
*101% 102%
__
«
101'A
101
*101%
„
'/•/•'
101%
1944
5s—
Va & Southwest 1st gtd 5s
39%
34%
95%
61
tASeaboard All Pla 6s A ctfs—1935
A6s series B certificates-,
.—1935
Shell Union Oil 2Vis debs—-—.—1954
2%s sinking fund debentures
1961
t§ASilesian-Am Corp coll tr 7s
1941
Simmons Co debentures 4s.
—1952
Southern
& ref
Light 1st 5s
&
Va Elec & Pwr 3%s series B
,
38%
60%
J-J
—
.
101%
101
1951
Cons s f 4s series B_—
;;
39%
20
76
J-J
—.
—
•
101
99%
20%
189
36
i;.
,
—
*101%
'
.
4
.
75%
*
33'A
M-N
1950
6s series A
1945
of deposit—
Bifm 1st gtd 4s——1933
Southern Colo
1 1953
—Nov
Vandalla RR cons g 4s series A
*30% —
ACertificates
3s
__May
.
101%
,
*101% 102
99%
99%
—
'
gold 4s unstamped
§A4s gold stamped
,
A Adjustment 5s
jARefunding 4s
ACertificates of deposit
cons
M-N
A Ref
§ A 1st
AAtl &
—Nov
83%
36
102
94%
78%
tSeaboard Air Line Ry—
A 1st
M-N
Virginian Ry 3%s series A
bond certificates..^.
1989
bond ctfs
Nov 1989
4s
A 2d
92
J-J
102%
98%
95
77%
93%
70
31
108
94%
.
/
101
*101%
'.a.
—May 1 1952
Utah Lt & Trac 1st
,
92
stpd
Louis-Southwestern Ry—
1st
67
....
1
*101
'
,
2.35s
1 1952
101
1
—
M-N
United Stockyards 4'As w w
33%
A———1978
4Vis series
ACons M
1950
Nov
>
1 1950
Utah
94
105%
8
4
"
108
55%
69
110%
13
108
*99%
—
M-N
1 1949
2.20s
107%
107
90%
of
Certificates
99
1057/8 106
*107
i
101% 102%
98%
98%
—
2.40s
"3
108
—
101%
M-N
—Nov
2.15s
38%
9
13
1 1943
NOV
...May 1 1949
2.10s
22
16
32%
12%
106%
c
..
2.05s
109%
108%
109%
32
*12
debentures
105 %
104%
5
:
1.125s
/
it-J
Steel Corp-*-
States
Serial
124%
124%
—
..1944
97%
97%
,
7110% 110%
A-0
4s
gen
109%
107%
4
16
1.
103% 104
110%
Jf-S
Canal
4 22
108% 109%
104% 105%'
103%
A-0
Cigar-Whelan Stores 5s_.__1952
*110
j-7
100% 104%
108%
!
J-D
RR &
N J
.
*111%
MS
______„__1971
3%s series A—__„u.i.l98u
U
83%
,58%
6
A-O
93%
14%
105%
*103% 104'A
•
104%
'
A-0
M-N
United
97%
J-J
M-N
112%
9%
103
105%
100
1970
;
*
105%
J-J
1933
110%
13
RR—
grant 4s
3%s deb
34-year
101'4
1947
—1996
1
112
*105% 106
—
2.65s
gold 6s
112
—
,
2.60s
2d
117
107%
—
F-A
1947
debentures
A-0
1959
2.55s
JSt Louis Iron Mtn & Southern—
A§Riv & G Div 1st gold 4s
A Certificates of
deposit
116%
105%
—
99%
105%
102%
(Chic)
Calif 3s deb..___
103'/a
101
102%-
U
;
1
105% 105%
100%
100
91
100%
107
*116%
__
M-N
11
101
_.
'
*12
J-J
,...1971
25
105%
A-O
__
V—.-*102% 103
*106
1949
1953
:
"
103 3Sa
Af-N
87%
'
99
*99%
__
••'/
2.50s
1968
*98%
__
1950
gold 4s_.1946
5s conv deb A
105%
Af-N
13
37%.
J-D
West
&
,105
32
21%
Cent ref & impt 3%s__1960
Louis
St
Tri-Cont Corp
112%
93%
MS
76
338
35
222%
109 %
A-0
MS
62%
149%
220
112
J-J
J-D
21
85%
108
J-J
M-N
110'/8
32%
Trenton
91
.1997
F-A
103%
32%
Toronto Ham
3s
105%
6
A-0
20%
.1951
J-J,
85%
109% 109%
Jan 1960
.'
...
Union Oil of
,•97
67%
71%
Ry
Tol & Ohio
110
1
-1968
67%
21
69%
1st ref 4s
income 5s
AAdj
—43
69%
100
Ave
;
2.45s
Saguenay Pwr Ltd 1st M 4Vis
St Jos & Grand Island 1st 4s
St Lawr & Adir 1st gold 5s
88 %
83
J-J
110
106%
-
*222%
*111
t§ARio Grande June 1st gtd 5s—1939
15ARio Grande West 1st gold 4s„1939
A 1st cons & coll trust 4s A
1949
Roch Gas & El 4%s series D
1977
Gen mtge 3%s series H
1967
Gen mtge 3 Vis series I———-1967
Gen mtge 3 Vis series J—
1969
*§AR I Ark & Louis 1st 4Vis
1934
t A Rut-Canadian 4s stpd
1949
ISARutland RR 4Vis stamped
1941
115%
68
83%
1960
Third
7
148% 148%
"_V
A-0
1956
37
High
101%
82%
M-S
•95%
17
100
12
J-D
Rand deb 3Vis.,
—
1961
Republic Steel Corp 4'As series B_.
1954
Purchase money 1st M conv 5Vis
1956
Gen mtge 4Vis series C
1960
Revere Copper & Brass 3 Vis
January 1
11
83%
Range Since
Low
No.
82%
1964
107%
1997
Remington
81%
J-D
Tex Pac Mo Pac Ter 5%s A
R
4'/as series B—
Sold
114%
A-O
t§AUnion Elec Ry
Gen & ref
114
1979
108%
•
107'/a
107
J-J
4s—..
Bonds
High
1980
;
Union Electric Co of Mo 3%s
Reading Co Jersey Cent coll
Gen & ref 4'/as series A
Low
114%
2000
B_
Friday's
or
-
*111 'A 112
..
>2037
of Nor 111 3%s»,—
Public Service
__
-2037
5s_
Week's Range
Last
Sale Price Bid & Asked
Period
gold 5s
106
1
107
-*109'/a
J.J
J-J
-1956
mtge 8s___.
1st
series
5s
100%
90/
110
99'/a 100,'A
107
-1968
4s
3 Vis
ref
&
Tol
mtge 3s
1st
99%
F-A
-1957
&
Gen
.1972
t A Providence Terminal
Public Service El & Gas
Gen
Gen
M -S
1977
Securities 4s—
X A Providence
123
Interest
,
J-D
_1951
Pressed Steel Car deb 5s__—
123
123
~3
Friday
'
High
107%
-
"
Exchange
Sept. 3
'
1966
1st M 3 Vis
Pwr
mortgage 3'As
1st
Low
109
Stock
Week Ended
J-D
>
series C
5s
gen
*108
J-D
1st gen 5s series B
1st
New York
Range Since
Sale Price Bid & Asked
Period
Week Ended Sept. 3 '
BONDS
Week's Range
Bonds
Last
Interest
Stock Exchange
New York
105
—
♦103% 103%
104*%
107%
a
Deferred
delivery sale not, included in the year's range,
d Ex-interest,
n Under-the-rule sale not included in the year's
Included in the year's range,
e
Odd-lot sale not
r Casn saie
range,
not included in the year's range.
Tenn Coal Iron & RR
gen 5s
1951
Terminal Assn St L 1st
1944
Gen
refund
s
f
gold
con
4s
B—1974
1950
jS
3s
J-J
QeD
debentures
1
—
—
112%
125
5
103%
105%
112% 112%
5
110%
113
103%
105
*104%
J-J
F-A
120
103% 103%
F-A
J-J
92%
92%
—
tThe price represented Is
Accrued interest payable at the exchange rate
§Negotiability Impaired by maturity.
pound unit of bonds.
as being in bankruptcy, receivership, or
securities assumed by such companies.
tCompanies reported
the Bankruptcy Act,
or
93'A
25
11
105%
106%
♦Friday's bid and asked prices;
25
105%
107
A Bonds
1959
A-O
106'A
106'A 106%
1965
M-N
107
106% 107
89
93%
selling flat.
no
the dollar quotation per
of $4.8484.
200-
reorganized under Section 77 of
sales being transacted during
current week.
Volume 158
THE COMMERCIAL & FINANCIAL
Number 4209
CHRONICLE
969
NEW YORK CURB EXCHANGE
WEEKLY
4-
In
a
deferred
and
present Friday
ending the
and
28
to include every
York
Curb
Last
Co
Supply Mfg class A
Air
Great
7%
7%
100
5%
7%
500
5
Jan
3%
3%
5,200
1%
Jan
27%
A
1st preferred
Bourjois
Bowman-Biltmore
35%
Jan
7%
Jun
2d
Brazilian Traction Lgt St
ft May
3% July
Breeze
Jan
103'/a
.20
102
Jan
114
July
105
July
Bridgeport
80
91%
100
common
—
pfd
•*
—
—
Apr
/
May
Apr
24
Jun
29
Mar
128
7%
Apr
■
—•
Aluminum
Goods
Aluminum
Industries
Aluminium
6%
106% 118%
2,330
.100
-*
preferred
6%
115.'A
111%
IIIV4 112
1,350
common
Ltd
Mfg
—*'
common
100
preferred
American1 Beverage common
Book
American
class
$3
Central
Cities
American
Class
A
Fork
American
Gas
&
General
American
convertible
Corp
82
15%
15%
350
2%
2'A
1,000
41%
42%
l'A
42%
1%
1
15%
Laundry
American
Light
& Trac common
preferred
6%
American
Co
Mfg
Preferred
common
Maracaibo
American
5'A
36
Meter Co
•
American
Potash
American
American
Republics—
Seal-Kap common—
American
Chemical
&
37
July
July
3% July
45
Apr
%
Jan
47% July
3% May
Jan
19%
Jan
275
93%
Jan
,
July
17%
Jun
29% July
112
3%
26%
18%
26%
350
19Va
6,100
Jan
38% July
42% Aug
13%
Jan
23'A
Jan
28
Jun
July
—
19 Va
Sep
Feb
26%
Apr
Jan
39% May
80
35
—
Jan
25
25
35
__
Jan
88
May
5,000
%
Jan
1% July
24%
24
24%
600
20 Va
Jan
24 % May
—
10%
10%
2,000
1
1
,
13
25%
—
1
Jan
57%
5%
Jan
13% July
2%
Jan
a'j
Jan
45
Browii KubPer Co
(E L)
Buffalo
1st
$6
preferred
series preferred
•
*
$6
preferred..
5%
American
Thread
American
Writing
5
Arkansas Natural Gas common.
class
A
14%
13%
3%
—
5 %
Jun
May
3%
3
•
10
Arkansas Power & Light $7 preferred.*
Aro Equipment Corp new
.—.2.50
preferred
.2 %
Jan
Jan
4
Jan
5
Mar
2
Jan
5
May
280
111
400
Jan
8%
Jan
97%
__
110
17% July
2%
1%
—
July
3 Va
1,800
__
110
104
200
3%
2%
Jan
13 May
1,400
3%
3%
;*
non-voting
60
4,600
15
2%
_1
——•
pfd—100
Apex-Elec Mfg Co common
Appalachian Elec Pwr 4%%
6%
225
*
common
Angostura-Wupperman
Common
101% 101%
—
—2
Paper
Fence...
Post
Anchor
——
7,700
ft
$1.60
$5
-
_.
9'A
Burco
Oil
Ashland
&
5
Jan
May
2%
15%
111
Jan
Jun
Aug
Inc
__
Cable Electric Products
Voting
Cables
Associated Laundries of America—_—*
—
American
dep rets 5%
Calamba Sugar Estate
California
Callite
Jun
10 Va
Aug
&
Birm
Atlanta Gas
Atlantic
Rayon
Atlas Corp
Atlas
preferred
Line
1
50
Co
Corp...
1—1
..
warrants
Automatic
Voting
(B Ft
Machine
Jun
7
Jan-
17
July
Sep
Apr
;
Collieries
400
%
8
Tungsten
Camden
Canada
Fire
Cement Co
Canadian
25
2
Canadian
578
8
...
1%
—
275
8
1%
Canadian
__
22
20
100
preferred
Capital
preferred
Rubber
Baldwin
$6
preferred
Carrier
Corp
A
80
May
Jan
111%
Jan
6%
Jun
40 %
May
4%
Jan
%
Jan
8% July
2% July
Jan
8%
Apr
—A
Central
York
New
&
South
A'rcraft
Cessna
Corp
4%
1,500
1%
Jan
22%
22%
100
6
Jun
Cities Service
Jan
11
July
21
75
16%
Jan
22
Aug
60c
—
—
—
5%
Jan
8
Jun
$6
19%
Jan
26
Jun
Consolidated
2,200
2%
Jan
7
May
•
29%
'
'
1%
*.
,
Jan
3%
Jan
%
"
—
1%
Jan
1,300
Seelig Mfg—
convertible A common
$1.20
8
Refractories Inc.
Baumann
Beau
9%
1
(L)
•
common
1st preferred—
Brummel
Beaunit Mills
—,—100
Ties—....
Inc
common
—1
...
-
Apr
5
5%
Jan
4
1,600
Jan
Bellanca
Aircraft
Hedges
40
40
5%
5%
14
*
20
1
common
Bell Tel of Canada
&
10
1%
——
40
5%
14
10
16
Apr*
14
July
6% July
1% May
100
—
2%
2%
— —
134
134
200
....
1
—
1%
1
Blauner's
common
Bliss
Fdy & Mach Co
com
(E W)
common
—i
Ridge Corp common
$3 optional convertible preferred
For
footnotes
see
;
it
12
1%
12
page
973.
3%
3%
500
9%
9%
9%
200
—
Gas
&
250
95
100
Commonwealth &
Community Public Service...
Community Water Service
Compo Shoe Machinery—
%
Jan
1% July
13% July
Conn
10
Consolidated
1
•
9% Mar
„
■
——
13
12%
1%
46%
13
2%
46%
2,400
500
400
6
Jan
Jan
10%
Jan
It Jan
37%
Jan
Apr
9% July
16% Mar
3
50
May
July
V
t
$3
c
extended
Gas
&
4%%
Southern
to
13%
13%
13%
50
common
L P Bait
Gas
18%
Jun
8% July
Jan
13
Jun
Jan
20
July
2%
Jan
6
Jan
10
July
Jan
116
Aug
84%
Jan
Jan
Apr
4'A
-
9%
Jan
Jan
Jan
100
105
105
78%
78
--
80
150
64 y2 Jan
Jan
5%
4%
14%
87%
.-A
*
—
Feb
97% July
9% Mar
Feb
106
Jan
8
Aug
7
% May
14% Aug
105
Sep
84% Jun
8-
July
% May
ft Jan
19
2,625
9
Mar
26 %
Aug
May
15,200
3%
Jan
18 %
1,350
51 y4
Jan
98
4%
% Jun
Jan
11%
84 %
84 %
20
48
Jan
96'/a
Jun
97
97
50
76
Jan
97
Aug
Apr
88
Jun
% May
8%
8%
100
Jun
8%
8%
300
4'/a
Jan
8
7%
7%
300
61/*
Feb
8
Jun
Jan
22
July
13
34
%
Jan
5V4
%
%
Apr
1,300
33%
34%
325
28% May
14
15
600
"3
—
6
^ "3%
300
2
Mar
8
Mar
Jan
7%
Jan
lVe July
5%
35
Apr
July
19% July
14
July
3% July
11%
"5%
~5%
1,300
Jun
1%
Jan
7% July
4
5%
Jan
5
~8%
TO
5,200
3%
Feb
3
2%
3
15,600
iy8
Jan
—
49%
50
250
47% May
53
57
560
24
9%
25
3/64
21 Va
tV
2,500
2iy8
21 y8
100
Co
common
preferred
Utilities
Jan
Apr
10% July
4
July
55%
Feb
Jan
1
J an
1
7%
Jan
10%
10%
150
July
59
33a Lf a r
1/64 Jan
14
3*2
July
22
1%
Apr
11% July
% May
%
Apr
26%
27%
2%
Jan
Jan
56%
Jan
67
Jua
•
•
preferred series C
Consolidated
Aug
4%
warrants-
1946.
Secur
Biscuit
series B
112
Feb
1% May
1,800
100
preferred
Consol G E
4%
Coke
Jan
7% Jan
Electric—
Apr
Jan
Aug
10% May
8ya
90
25
Arms
Mar
42
July
116
x7y2 Aug
x7%
85 Va
1
5
Jan
Apr
49
Jan
ft Jan
7%
13 %
warrants
136
35 %
3%
•
1
'•
7%
Jan
2,100
%
•
preference
Jan
5% Aug
102
14 %
;
July
45
23% Msy
38%
—
•
25
Jan
13% Mar
7%
94%
—•
15%
•
ordinary
Jan
2% May
Jan
114%
.3%
£1
Fire
Jan
Mar
15]/4
—
100
...
Co..
Airlines
Patent
n
22
—
common
Colt's
20,400
•
common
Blue
Co
Development
33
•
Berkey & Gay Furniture
Bickfords Inc
Birdsboro Steel
Plow
July
Jan
July
*
common
6
115%
145
10
Corp..
Utensil
Feb
2% Aug
110
-•
common.
preferred
Coal
Colorado Fuel & Iron
5%
Jun
July
6%
4
July
217/8 Mar
-
4% July
4
73
preferred^
preferred
Columbia
1,000
15
15%
Mfg
40
15% July
Aug
7
..25
Illuminating
7%
100
23
Jan
102-
137/8
1
3%
300
-.
—
1
Aluminum
Colonial
50
4
1
Co
Cleveland Tractor
Cllnchfield
600
—
Lights Inc
Lambert
6%
Apr
6% July
106%
43
10
L $7
Jan
"
Convertible
Neon
6
43
5%
6
•
*
•
Electric
Colon
Aug
Jan
9%
100
100
Cleveland
Club
Apr
7
6%
3y8
1,800
23
23
43
5
Co
Mining
P &
Controller
1%
1%
--
—
'
convertible preferred
$1.50
Benson
7% May
3 %
22'% Aug
-r
...5
common
Service
Cockshutt
'
7%
39% July
Apr
3%
145
100
Co.^5
10
preferred..
preferred B
preferred BB_
Claude
Apr
1%
3
4
4
—
—
50c
preferred
City Auto Stamping
City & Suburban Homes
1,400
1%
_wr
1
Childs Co preferred
Jan
4 "A
$6
ft Jan
ft Jan
100
4%
.-1
Chesebrough Mfg..:
Chicago Flexible Shaft
Chicago Rivet & Mach
Chief
7/a
4Va
100
common
3%
—-
5% Mar
Jan
pfd—100
pfd
Metal Weather Strip
Chamberlin
Charis
5%
7%
Cherry-Burrell common
400
itU
4% July
Feb
1%
♦
Co
400
■
Jan
2%
300
1
Utilities
West
9%
21
■
Jan
%
—_*, '
Products
Light
4%
1%
J,
5%
preferred.100
Power
Steel
4%
9%
21
&
Barlow
Basic
1
Apr
100
1,800
5%
10
Central Maine Power 7%
5% July
1
common
Steel.
13% May
31% May
1% Jun
3%
1
America—
Hudson Gas & Elec com
23% July
.
Jun
Jan
3% July
3% Jan
*
Co
&
Jan
5
97
Feb
Mar
1%
7/a
1
of
Corp
Feb
4%
16% May
Jan
9%
25
i'
$7 preferred..*
—
2%
<; •
800
-j~:
*
—
15%
—-
Jan
10
3%
•
*
—.—
common—.
400
...
1—30
.
Co
Stainless
Barium
common
10%
300
12
—
1
—....
Clayton &
for
,
14%
94
11%
—
:—•
&
Baldwin Locomotive-
warants
May
Jan
82
4,000
13%'
91%
14%
.
..100
Carolina Power & Light
Clark
Purchase
May
6%
'
common—
Central
B
7%
2
17
Jan
/
•
Class B
Carnation Co
Ohio
Feb
6
22%
Jan
7%
900
Alcohol—
class
Co
&
1,000
22
9%
9%
25
Products
City
Carman
5 Va
22
■ft Jan
o%
$6
•
200
pfd—100
Canadian Marconi
Cities
Babcock & Wilcox Co
1%
5
9%
6%%
Ltd
—
22%
—
1%
14 Va
•
5%
—
1%
Aug
108% July
5
voting
Power
Sep
28%
—
Apr
Jan
Industries Ltd—
Central
2
3,500
—
July
18
102
1
—
voting
non
Central
Feb
108% Aug
3% Jan
900
6
33%
32%
15
Jan
5%
4
Assn
preference
Industrial
A
Class B
Jun
1%
—
—
6
33%
Aug
4'/a Juiy
Car & Foundry Ltd—
Participating
7%
Corp
Insurance
A May
Feb
69 Va
—
5
25
1
& Sons common..
Patoka
10
Jan
12%
.
a-
1
.
preferred
Ayrshire
—
*
Products
Avery
Jan
4%
7
2
•
—
5
*
Forge common
Plywood Corp
Drop
Automatic
6%
100
Fisheries
Coast
Coast
Atlas
RR Co pfd__100
Coast
Light 6%
Atlantic
Atlantic
5%
%
Mar
5% Aug
22
Aug
400
10
;
(A M)
%
Jan
80
10%
■
.20
Power
Castle
/'
12
10
.£1
Casco
Sep '
Jun
6%
Electric
pfd
97% Aug
125
Aug
July
102
,
—
50c
Apr
17
Feb
Aug
1%
50o
common
certificates
88%
__
•
Tel 61 Tel class A—
Associated
Atlanta
rects reg—
18
16
Wireless—
(JW) Co common—
Products..!
—
x9%
5%
trust
&
Central
—
dep
Jan
Jan
1%
_25o
common—.—
Carter
200
July
18% July
1%
9%
6%
May
33
22
12 %o
10% July,
__
75
12 '/a May
Jan
14% Jan
—
*
Jan
6%
Aug
7'% May
1% Apr
11%
•
Jan
—
100
—
25
$3
(PA)
Jan
8% Aug
119
'12%
\
preferred
Burma Corp Am dep rets
Burry Biscuit Corp
Butler
44'/a
..
*.2.50
—
Jan
1,100
18%., 18%
•
..........
Sullivan.
1%
17
£1
American
&
Jan
& Feb
200
5
preferred—
Hill
69
Jan
Jan
30%
♦
Power—
1%
10
5,700
iy8
64
.
1
.
8%
Industries—
Electric
Associated
—
1
Co
Associated Breweries of Canada
Refining
—
600
x9%
1%
2
2%
„
6,900
—
300
1
4%
__
2,700
5%
%
_•
:
4
9%
—
8%
5
Jun
10% Mar
_*
common
3%
4%
7%
_•
3%
—
12% May
7% Mar
lVa
—1
Co common—
preferred
1st
Bunker
Catalin
Art Metal Works common—
class A
Niagara & East
Class
%
%
Jan
6Va July
Jan
20%
—
—
26'A
19%
Jan
33
150
23%
Jan
July
28V2
2,600
*
10
—2
Jan
12
—
Superpower Corp common—•
a
42
36%
550
Jan
7%
3%
Bruck Silk Mills Ltd
2,700
—
-1
Co
American
Bruce
Jun
27%
—
.>100
a—:
Jun
9%
111% 111%
5%
5%
35% 36
—
20
25
—25
100
Mach
Aug
92%
Jan.
13,300
16
26 %
26%
a——25
Rubber Co
American
Jan
A Jan
3,400
11%
1,500
3,900
10s
reg—
(assented)—_—...—
(unassented)—
Jan
Jan
11
£1
preferred—.
30
37y8
—
—
1
1
300
32%
30%
$6
>
1,200
21%
*
Power
Buckeye Pipe Line
•
American Hard
% May
Mar
3%
69
__£1
Wire common
Jan
12%
50
36%
34
2%
common—10c
preferred
900
30
92
•
—
—100
convertible preferred
$2.50
Jan
5%
—;
10
preferred—
4% %
29
92-
36
10
-10
Electric
&
V4
400
ft
A
2
3%
*
;
Forman Distillers.—.—
pfd
pfd
Jan
61
_•
reg—
rets ord
Columbia
Class
$6
%
"5%
Ltd—
Fence &
Brown
Jun
100
Tobacco—
ord
rets
Amer dep
Mar
2%
1
Oil*Co
Celanese
crown
Apr
1
~8%
♦
dep
British
<
8'A May
Jan
.
common———•
Hoe
'A
*
—
Foreign Power warrants
American
33
Jan
%
—
———25
-1
—
non-voting
American
$2
—-
class A
Jan
4%
—
Light—
——25
—-
.
Cyanamid
B
&
A
——
American
Class
Power
class
Convertible
Class B,
Mfg
Mar
2% July
9
•
dep rects ord bearer
Am
Mar
108
.
—
•
:—•
—1
preferred
prior preferred
$5.50
American
120
Jan
20%
—
Am
British
Apr
Jan
—
__
100
B—
10'/a
Jan
86
—
1
common
Jan
103%
350
200
.—100
Co
115% July
17% Aug
Jan
%
93'A
91%
—
Capital class A common—10c
Common
—
107% 107%
--
107%
-
.1
Co.—
Board
Box
American
American
13%
6-
—"
—
—•
common
Jan
10%
100
common
American
Feb
2%
21-
.*
B
British
July
.%
100
3%
•
A.
....
9
5%
•
preferred
A
82% July
28 y2 May
1
1
class A
Co
Jan
Jan
Jan
15% July
11% July
,
5%
5%
100
Mfg
Class
23
50
-ft
•
Machine
Corp
Brillo
28% Mar
104% Aug
106% Jan
—
Jun-
23%
—
•
—
—
9
Brill
Apr
Class
4
—
—
!, -110
—
-
—
—-—25
:
common
1
•
—10
;
110
——
—
25%
Apr
6
__1
common
Aeronautical
British American
Aluminum Co
Pwr__
Bridgeport Gas Light Co
Jan
•'
103'A 104
Corp
Brewster
25 %
•
72
93'/a May
Jan
Feb
46
—
•
preferred—
500
,
Low
3y8
100
-40
Jan
Range Since January 1
High
•
....__;
common
3
1%
Shares
6
25
Inc
1st preferred..
$5
Low
100
,
Borne Scrymser Co
July
for Week
•
Co common
90
113% 113%
—
:
—
conv
(H C)
Preferred
Allied Intl Investing $3 conv
Allied Products (Mich)_
Class
7%
Ludlum Steel—
Fisher Inc
&
Bohack
8% May
•
1/64 Mar
1,000
at
as
Apr
Sales
Range
of Prices
•
3
—
Last
Sale Price
(S) & Co
4% May
3% July
.
Week's
Friday
Exchange
Sept. 3
89
—
•
.
7% preferred
Alles
—3
——.50
Blumenthal
9
Feb
1%
Curb
Par
Jun
5 % May
Jan
7
York
Week Ended
21%
Aug
7%
$7-preferred"
preferred
Allegheny
4
10
Appliance—
Alabama Power Co
300
4 V8
2
Southern
ehown
year.
High
July
3%
„
—
Electric
20
—
4
during the current
24
Feb
1
Warrants
Air-Way
$6
—
—
5
preferred
Alabama
Low
50c
_
—
Corp
common
Convertible
are
on Saturday,
entirely from the daily reports of the Curb Exchange itself, and is intended
STOCKS
17
—
—1
-
Investors
compiled
Range Since January 1
—
1
B
Accessories
is
It
New
Shares
High
Low
■'
10
common
Ainsworth Mfg common
Air Associates Inc <N J)
1943).
3,
for Week
of Prices
Sale Price
Sept. 3
Par
Acme Wire
Aircraft
RECORD
Sales
Week's
Range
Friday
Exchange
Week Ended
(Sept.
security, whether stock or bond, in which any dealings have occurred
STOCKS
New
Class
YEARLY
delivery
extensive list we furnish a complete record of the transactions on the New York Curb Exchange for the week beginning
In the following
Aug.
Aero
AND
sales are disregarded In the week's range unless they are the only transactions of the week, and when selling outside the regular weekly range
footnote In the week in which they occur.
Nq account is taken of such sales in computing the range for the year.
1
NOTICE—Cash
1
•
67
66
67
100
118
118
"118
100
109%
109% 109 y2
1
4%
4%
4%
1,500
5%
Jan
Jun
July
30
111
Jan
121
20
103'/a
Jan
110%
Jun
2
Jan
5
Jun
2,400
THE COMMERCIAL & FINANCIAL CHRONICLE
Curb
Last
Exchange
Ended
Week
'
Range
Sale Price
Sept. 3
of Prices
Mining
Consolidated
Retail
& Smelt Ltd
Stores—
1
preferred
Consolidated Royalty
Steel
Textile
Consol
600
3%
Jan
107
Jan
2% May
9%
400
5%
Jan
10% May
3%
1,300
314
Aug
1 %
1014
600
IIII—50
"6
Petroleum
41
4%
Jan
A Apr
Jun
61
Jan
82
50
30
Jan
64
July
% May
V% Jan
52% Jan
2
May
~i % ;:l%
72
200
103%
Jan
3%
41%
18% "8%
31
100
Glen
~9%
~9%
100
15%
15%
2,200
~9
•
Co
111% Aug
Jan
Jan
July
9% May
Jan
51% July
~9
98
4% Feb
.
9%
11 '''
13
Jan
18%
26%
15 %
„..*
Apr
12%
Jan
5%
—*
Coal
July
4%
45
Alden
Jun
42
89%
•
Preferred
Gilchrist
Jan
July
.
7% Aug
jan
100
•
Gladding McBean & Co—
76
112 /
Jan
125
41
Aug
2% May
.
10
72
•
preferred
(A C) common
High
170
58
•
Gilbert
Apr
10%
Apr
preferred
$5
Low
82
58
58
1
common
Georgia Power $6 preferred..
July
7% May
Jan
33a
$3
Range Since January 1
High
76%
100
$6
Water Gas & Electric
21%
26%
preferred—
Class
Sugars class A
ft
425
13%
Jan
26% July
Goldfield
Jan
15%
Jan
9
July
29% July
10% July
Gorham
5,700
$7
$3
Jan
Consolidated
Gorham
2%
1,400
2%:
Aug
',%
%
1,600
aa
Jan
ii May
1%
.—
.
Jan
4% July
Gray
300
214
Jan
4% July
Great
200
67/b Mar
3%
1%
%
9%
9
Crown Drug Co
common
convertible preferred—
IJ
14
"%
"%
Crystal Oil Refining common,
is
5
Atlantic
Sugar.
Cuban
Tobacco
11
Lighting
Inc
7,000
common——
Curtis
18%
17%
y3
Sep
May
Apr
1%
(Mo).—
Atlantic
1st
Pacific
&
—
1%
Apr
Greenfield Tap & Die
15%
Apr
Grocery
22%
Jun
Gulf
Apr
$6
preferred
Gypsum Lime & Alabastine
3%
Feb
3
July
Mar
10
States
7%,
900
..
July
4% Aug
Jan
56
,
July
29
Jun
3% Jan
100
.
5%
31/4 Jan
8% July
325
67% Mar
25
80
Apr
127% Mar
7
...
July
36
Mar
300
.'
.,0 '7
Jan
5%
Jan
10
Apr
1%
Jan
4% May
102%
Jan
110% July
115% July
,
I
10
109
•
109
___•
•
pfd,
85%. July
140
27 %
107 % Mar
.7
.33%
common..25c
$5.50
,
350
.136
,
33
33 Va
•
Products
136
136 ', /
25
Paper
Utilities
4%
79 "
79
♦
100
—;
Great
Stores
4%
31
Feb
Tea—~
stock...
common
preferred
Northern
4% .:
6%
1.
9
Co...
Non-voting
1%
_
Jun
Mar
% May
July
22%
10
common.
Jan
27
July
12%
1% Jan
,
*
Feb
24
May
.9 *
5
Sep
Mfg
33a
31"
•
40
108
Jan
2,600
50
.....
;
Feb
2
-2.50
common..
Mfg
t96
1
Co
class A
Feb
100
10
preferred—
Jan
6
25
Mines
Grand Rapids Varnish—,
2% Aug
Jan
3,100
2
9%
Jan
1914
l7/e
250
Mfg
Inc
100
•
preferred
2%
1
•
...
preferred
Goodman
—
_•
B
3 % May
27
26%
Crowley Milner & Co
Crown Cent Petrol
(Md)
Crown Cork International A_.
Curtis Mfg Co
Godchaux
Jun
Jan
22
21 %
common—
Co
Brewing
90 %
Jan
600
2%
2%
receipts (ord
dep
2% May
Jan
79
50
,
5%
214
Liquidating Co
$6
Jan
%
86
86
Creole Petroleum
Cuban
15% Mar
pfd
Shares
—
Reynolds
&
American
Croft
11
8
Inc
convertible
W
15% Mar
Jan
Jan
700
Courtaulds Ltd—
C
Jan
8%
9%
2,000
A
A
preferred A
5 %
500
~5%
5%
—•
Range Co
Cornucopia Gold Mines
Cosden
10%
ii
98% Aug
37%
Copper
$6
July
9
Cooper-Bessemer common
$3 prior preference
Corroon
4
Jan
76
360
Io%
lOVa
1
Cook Paint & Varnish Co
Corox
98%
97%
Va
98
-100
Steel
Continental Roll &
Jan
Service
.
for Week
Range
of Prices
Low
preferred..*
General Rayon Co A stock
•
General Shareholdings Corp com
1
$6 convertible preferred.
*
General Tire & Rubber 6% pfd A—100
Gen
preferred
prior
Public
107
Jan
Continental Gas & Electric Co
7%
Outdoor Adv 6%
General
9
3%
10C
Last
Sale Price
Par
General
Sales
Week's
Friday
Exchange
Sept. 3
Mar
3%
10
Oil
Corp
Co
Curb
Ended
7% July
41
Jan
31
225
67/a
65/e
.
100
8%
Consolidated
...
York
Week
High
Low
3814
38
5
STOCKS
,
New
Range Since January 1
High
Low
Par
Consolidated
Sales
for Week
Shares
Week's
Friday
STOCKS
York
New
Monday, September 6, 1943
6
6
x6
x6
100
21
250
io
Mar
...
4% Mar
6
Sep
H
D
Hall
Lamp
Co—
Hammermill
•
—1
16
18% July
15
Jan
22
11%
10
Jan
33
Jan
Hartford
Rayon
Jun
19 y3
Jan
3y8
Electric
Harvard
Apr
'
Dtfjay Stores
1
Dennison Mfg class A common.—._5
preferred—.
$6 prior
'
■
";j
'■
50
—
debenture
8%
—J-
2%
2%
—'
100
;
_J:-
/■>:
— —
—'
Derby Oil & Refining Corp com—.—_*
A convertible preferred
—•
——
__
62 Va
.
Detroit Gasket
_1
—.>—20
Mfg—
&
preferred—
6%
Gray Iron Foundry.
Detroit
Detroit
Mich
Detroit
Co
common
Vilbiss Co common
preferred
7 %
Shoe
Diamond
Truck
Dobeckmun
Co
"3%
""4
19 y2
19%
19 ^2
8,800
200
-
■■
common
Bridge Co Ltd
Dominion
Steel & Coal B
—
,
*.
—
—
7%
L'—
*
Co
7%
200
74%
'
28%
10
Duke Power Co
*
Durham Hosiery class B common..—•
Duro Test Corp common
.—1
Duval Texas Sulphur
•
Driver Harris
Apr
19 V2
74%
50
Jan
1% Mar
Jan
4%f May
19% Ma?
Jun v
30% Mar
10% Mar
Aug
Jun
12
3%
Jan
7
5%
Jan
97/a May
50
28%
28%
3
3
21 Va
Jan
7%
Aug
Jan
9% July
78
Jan
Aug
31%
Jan
24
Jun
Jan
76
Apr
2Va
Jan
4
-Mar
Jan
3
July
8 '
Jan
66
400
'
•'
100
10
10
■
——
—
''
6%
Hecla
1%''
1
Co.
1
2%
1
'
%
29%
600
ll7/a
Apr
>28%
I'
Gas & Fuel
4%%
preferred
6%
11%
2%
2%
54%
54%
55
275
42
Jan
59%
.100
34
32%
34%
650
19%
Jan
38%
20
Jan
26
July
Assoc common
prior preferred
1
....
Eastern
Malleable
Eastern
States
B
22%
50
10V4
Jan
30
10 V*
Jan
29% July
31%
Jan
42
2%
4%
,100
Jan
v6%
12
Apr
13% July
~7%
28,000
2
Jan
9% May
42
Jan
76%
43%
Jan
81% Aug
Jan
62
75%
76%
600
'79%
80%
3,300
47
1
42%
—15
95
1%
1
Inc common
95
10%
a7a
Jun
Sep
July
2% May
Jan
■——
''
—
11
150
1,300
26
Feb
Jan
4%
Jan
Sep
9'/a May
88
Feb
96
May
Mar
40
July
200
6%
Jan
176
Jan
375
22 y4
Jan
300
2V4
Jan
—
31
July
29
1,600
32%
9
20
1%
■
.
100
4%
32%
—
5Va
31%
1%
4%
■■
7%
38%
31
—1
common— —50
Eureka Pipe Line
31
95
•
1
...—
—
7
800
'
38%
-10c
-
— ^
7"%
-
,
pfd— .100
preferred
'
29
4
common
Inc
400
1%
100
—
12% May
1% July
35
5%
May
Jun
7
Jan
33% July
Jan
25J/a
Co
6%
Engine
Falstaff
17% May
..1
•
Metallurgical
Fedders Mfg
....
..5
Co
Association
7%
(Phila).—
10
•
Florida Power & Light $7 pre,'erred.
7%
8%
1,900
7%
Jan
2%
Brewing
Fansteel
Fire
-1
Airplane
&
2
2%
1,400
1%
Jan
3
12%
500
7141 Jan
13
17%
200
12%
17%
12%
17%
10
Jan
10% Mar
24
Mar
July
July
5
—
65
103 %
5
200
3%
Jan
65
65
20
57 Vz
Jan
70% July
103% 104
75
81%
Jan
104% Aug
1,000
314
Jan
6%
Jun
Ford Motor Co Ltd—
Am
Ford
dep
.£1
ord reg
Canada—
rets
of
Motor
5%
5%
5%
A
non-voting
Class
B
voting
dep
Amer
Froedtert
.Conv
20%
600
bearer
rets
(Peter)
Franklin
20
Co
May
15%
Jan
20%
Apr
Jan
22
Jun
3
.5
...
Distilling
Grain
—1
common
Horder's
Hormel
(A
Horn
& Hardart
Horn
&
Co common
10%
U
17
17
17%
20%
Jun
Jun
6%
32% July
6,600
100
Jan
11
17
Sep
25
Jun
29%
Jan
34
Mar
(Harvey) Inc
Oil & Refining-.
Hummel-Ross
Fibre
3% May
Aug
23 %
108'/a
105
Feb
Apr
—-—*
17
69
17%
«.~
150
147/a
2,000
60
3
Jan
Ligofljer' Co.......—•
Huyler's common—
1
V t c for 1st preferred—
1
Hydro-Electric
Securities
•
Hygrade Food Products.—
5
6'/a
Apr
4%'
6%
6%
100
18%
Hussmann
Apr
115% Aug
Jan
1,100
4%
4'A
19%
150
A
'
Mar
27%
Jan
70%
17
69%
-
.—5
Corp—
4% Aug
103 Va Mar
Illinois
Power Co.._——
Iowa
convertible
5%
Dividend
Ilhnois
arrear
20%
Jun
78
.
Apr
.5% Mar
8% July
2
Jan
Apr
~7%
"7%
"7%
500
8
Jan
22Va
Jun
1
19%
—
„
Jan
4%
Jun
3% Jan
9%
Jun
4%
Jun
Jan
Jan
38% July
3
Jan
8% May
9%
Jan
300
12%
12
12
Chemical Industries—
rets regis—
£1
Imperial Oil (Can) coupon
*
Registered ...
•
Imperial Tobacco of Canada.
5
Imperial Tobacco of Great Britain &
; Ireland ——
£1
Indianapolis P & L 5/%% preferred_100
1
25'
2,600
38
7
6/2
6%
2,000
—
36 %
38
.••••..
——•
Co..—.
Zinc
•
preierred
50
certificates———
16%
Apr
Imperial
Am
Indiana
7%
6%
Service
14%
400
9%
Jan
15% July
15% July
10
10
10
600
9%
Jan
10% July
16*%
Jan
14Vs
900
109% 109%
20
91
Jan
24
Aug
110% Aug
33%:
34'%
40
20
Feb
38% July
37%
38
20
20%
Jan
%
Jan
1% July
50
15%
Jan
Feb
38% July
86
July
—
33%
—
;
Industrial Finance v t c common——1
7%
Insurance
Co
Machine
Hydro Electric$3.50 series
July
30
83
837/a
600
69%
15%
15%
100
12%
Jan
16%
7Va
8%
1,200
2%
Jan
11% May
3%
3%
300
1%
Jan
8%
83%
15%
10
•
of North America
International Cigar
40
30
100
preferred
Jan
13%
13%
100
preferred...—,
10
14%
..100
preferred
7% July
5% Mar
dep
Jan
Jun
International
Preferred
International
50
1
Inc
Industries
international Metal Industries A——•
International Minerals and Chemicals—
■.
Products
B—
•
—•
*
Razor B.
class A
—
200
6%
1
100
% Mar
3% Jan
9%
10
200
10
A
%
ao
<
14
350
21
Jan
7%
July
9%
Jan
Jun
1% May
12
A Jan
1,800
17
16
13E
July
A Jun
19 V. July
Jan
..
32
;1 *'
•
'
'
900
2%
2%
24
3%
%
-17%
—
—
—
r
.
Irving Air Chute
7%
400
•
*
—
:*
— ■
T "
2%
—*
*
' 3%
Investors
Royalty—
1
Iron Fireman Mfg voting trust ctfs—*
18 •
preferred—
$3.50 prior preferred
Interstate
Home Equipments
Interstate Hosiery Mills.—
Interstate Power $7 preferred
$1.75
10% July
21% July
6,000
,
May
Jan
19 Va
18%
1
—
5
14% July
Aug
8
8%
18%
7%
—*
10
—>—
500
8%
18%
8%
19
shs__*
coupon
shares—
International Utility
Class
y
,
'
'.Warrants"
International Petroleum
Italian Superpower
A.
10
24
3%
300
A
18%,.
375
July
3%
Feb
24%
Jun
1% Jan
4%
Apr
%
200
45
Feb
7%
Va
Jan
'2%
Aug
Jan
Jan
July
10%
Jan
1,400
Aug
A Julv
21
14% Jan
400
9%'
8%
%
Jan
2
21%
1%
1%
Apr
2
Jun
6
July
42
Aug
4% Mar
Jacobs
11 % Mar
18% Aug
JacoDs
Mar
20
17%
20 %
950
Aircraft Engine Co.
1,700
22% July
(F L) CO.
1—
Jeannette Glass Co——
Jan
15
Jersey Central Pwr & Lt
Jan
44
Apr
Jan
64
July
19%
Jan
—
;
„
1
1
Julian & Kokenge Co.
9
—...
preferred
...
100
Mar
5.%%- pfd—100
v—-100
—
100
*
Kansas Gas & Elec 7%
preferred—100
,
:
6%
1%
preferred—
preferred
-
41/4
4%^
5 % *5
5%
^
2.14
2/a
89 , . - 88%/ 89
Co
common—
...»
7% Mar
100
Gellman Mfg Co common
.II...
Alloys Co
68%
Jan
10
July
82% July
Jan
2%
%
Jan
1% May
9"%
Jan
2
Jan
13% July
4% May
7% Feb
8% July
1
;
•
200
Jun
Gen Electric Co Ltd—
.
96
see
1%
—100
8
1st preferred
Kennedy's
page
973.
-fil
.
—1
-10
8%
8%
50
*
13%
99
99
20
Jan
90
Apr
16%
107
Apr
Mar
Inc
—
Key Co common
Kings Co Lighting 7
5% preferred D—
Kingston
Products.-Kirby
..
.95%
97
100 /101%
100%
2,000
.
Petroleum.
*
pfd B——100
100
——1
1
...
6%
2%
Jun
1
Jan
150
66
Jan
89
Aug
80
69
%; Jan
97
Aug
260
79
Jan
102
13% Jan
.
Jun
Aug
17% May
—
—
K
115 V2
Jan
123
May
20 Va
Jan
40
July
6%
Jan
5%
Jan
5%
Sep
July
50
Jun
Jan
38
Aug
Jun
__
__
,
__
j
—
814
„:8%
8/4
5%
5%
5%
200
"
1
4
200
Co—
Ken-Pad Tube & Lamp A
Amer dep rets ord
reg
General Finance Corp common.
5% preferred series A
General
Fireproofing common
Gen Gas & Elec $6
preferred B
footnotes
Keith (Geo E>
200
—
;
/
Power
preferred
For
15%
24%
Jan
—100
5
—
45
17%
__1
Co
convertible
General
Jan
15%
•
,
preferred
Humble
25%
*
Baking Co
Hardart
Hubbell
10%
25%
21
300
100
Jun
27% July
14% July
May
11%
21%
21%
2iy4
*
1
& Co common
Horn
5%
9%
Jan
•
(Geo A)
C)
7%
.5
•
Inc
29
preferred- .15
$3 conv stock...
5%
11% May
Jan
Jan
2.50
10
Hollinger Consolidated G M
Holophane Co common
214 Jan
15
—1
Malt
&
participating
Gatfneau
Jan
6
July
Jun
1% Mar
Brewing Co
Fuller (Geo A)
4%
7% Apr
11% May
of France—
Ford Motor
Pox
6
16%
Class
46
Jan
22%
5
Heyden Chemical common—
Hoe (R) & Co class A
International Safety
Aviation
Jan
•
Hewitt Rubber common
May
Jan
25
Registered
Fairchild
4% May
2%l Sep
6
4%
800
...2
common
International
Fairchild
Jan
31
120
6%
*.
Henry Holt & Co participating A
*
—_
10%
convertible
50
1%
Corp
Apr
*6%
76%
x33 % May
9
July
100
•
Eversharp
% May
125
Empire Power participating stock.
1—5
Emsco Derrick & Equipment
$3
1
80%
Empire District Electric 6%
Esquire
Jan
4%
—
Elgin National Watch Co
Emerson Electric Mfg
Equity Corp
!4
36%
2d pfd A_,
warrants———
Electrographic
600
22%
7%
Jan
Jun
%
»
Jan
Apr
35%
—5
Aug
19%
2% May
22%
Power & Light
Option
Jan
36
*
Grocery Stores
Bond & Share common—
preferred
preferred
Electric
Jan
It
22%
1
preferred v t c
Easy Washing Machine
$6
7%
100
22%
i
$5
$5
2,500
2%
%
Corp
preferred series A
$6 preferred series B
Eastern Sugar Associates—
Economy
11%
-25
Iron
$7
Electric
11%
%
13% May
10
IlOO
Lead
Picher
Eagle
May
6%
41%
25c
—
East
Jun
2
1%
.—50
Preferred
July
May
1
5
...
-
25
50
A Jan
2,900
1
2%
29%
'
7
Feb
3%
Corp...........
Rubenstein..
Jan
Jan
600
2%
-•
America B non-vot com—1
Mining Co......
Heller
Jun
lVa
■
.
3
2iy2
56%
ctfs
Dept Stores common
convertible preferred
Helena
Apr
'
——
Hearn
4%
Jun
13
9
•
im—,
25
Corp
Draper
79%
Jan
"
'
Dominion
Jan
10% Mar
V'.
Mar
Hazeltine
X20%
25
voting trust
Brewing
Hat Corp of
July
5% July
Jan
2
14Va
24
—
72
Jan
Mar
18
%
~3%
•
1
1
common
x8%
■
10
—
—
common
Divco-Twtn
' "
L.
—
J
1
10
10
Steel Products
De
Stove
—
-T.
Jun
111
Jan
Feb
iy4
Aug
4%
Jan
50
110
*—100
.
1%
6
Light—
17%
42
10
Paper—.
Hartford
Augs
24Va
400
31
16
31
Jan
8%
700
17%
■
—.—-35
convertible
Class A
Xl6%
5
Darby Petroleum common
Davenport Hosiery Mills
Dayton Rubber Mfg
-
9
...
—
—
37
3
37
3
4%
—
25
45
,
37
3%
4%
10
32 :
8% July
14%
5%
Apr
Sep
800
1%
Jan
4
100
1%
Jan
5% July
Volume
THE COMMERCIAL 8c FINANCIAL
Number 4209
Curb
York
Ended
Week
Exchange
Far
.
Klein
(D
Emil)
Kleinert
Knott
Co
—*
common—
Inc—
Stores
Koppers Co 6%
l.ooo
14
Apr
Navarro
-14%
Jun
Nebraska Power 7%
Apr.
9%
—
98 Va
92
,
210
99
Aug
9% July
Jan
Feb
Jan
10
Oil
~5
—-
4%
500
"Vj.
Jan
i ' /
'
6%
Aug
New
'
'
New
'Too
Shore
RR
100
Wells
Co
common
%
29
13%
270
20'/a
Jan
39 %
10,000
8'/a
Jan
143/4
23/4
2%
4
500
Co
.1
10%
10%
Jan
100
;
Y
Auction
N
Y
&
Apr
N
Y
6
Mar
N
Y
Class
B
•
;
Lehigh Coal & Navigation
Leonard
Oil
Line
*
N Y Power
Lit Brothers common
*1'
Ills
Land
Louisiana
Power &
Lynch
Corp
4:
Jan
3/4 May
323/4 July
7%
Jan
12 3/a
Jun
17%
Jan
24
Sep
1%
1%
1%
;
-'%
123/4
Jan
6%
Jan
2,500
'•
•
53
51%
473A
50
-
16
Jan
53
50
7%
•
Light $6 pfd
575
'
3,200
/U-w'' "'ft
Ills
!
A '
'
273/4
27 3/a
21%
1,850
7%
7%
Jan
100
8%
3,700
15%
8%
-100
common.
&
Light 7%
Manischewitz
-1*^
.
\
5%
5%'
600
300
Memphis Natural Gas
Stores
900
30
Jan
112
95%
Feb
105
July
July
16
Aug
23
May
6,100
79
1,125
54
Jan
73
50
42
Jan
102 %
Jan
36%
23/4
Jan
13/4
Jan
Class
A
preferred—
•
Apr
Nipissing
9Va July
Mines
—5
Electric..———.il
Noma
Light & Power common__l
preferred...
•
%
Jun
^
Feb
A
Va
6,100
3^
Sep
H May
4%
200
3%
Jan
6V2 May
103 % Feb
xl0%
11%
2,600
91
—
10%
Jan
8%
Jan
12%
8 % May
—
Apr
9% July
1% May
1%
1%
3,100
3%
Jan
%
14,900
A
Jan
84
95%
2,625
52%
Jan
95 %
22%
—
North Amer
$6
3 3%
833/4 July
76% July
4%
5
....100
110% Aug
583/4 May
1/128 Jan
1
33a
\
Niagara Share class B common.,
1
Jan
34
July
%
92
3A
Jan
4%
Jun
% May
Sep
110
Aug",
29% May
2'/2 Jun
Jan
Jan
55/a
North American Rayon
Class B common
class A
*
._*''
prior preferred.,
Penn
RR Co
Public Service 6%
pfd.100
preferred..^..—100
1%
Northern States Power class A_.
Novadel-Agene
90
Jan
35
4
July
53
Mar
1%
4
Feb
6
Jun
82
Jan
104
Aug
25
102% Mar
110
Apr
,
103
—
/
—
110
110
63/4
63^
24
104
30
10 »
1,300
7
4,% Jan
Jun
8 %
May
Mar
Jan
34
Feb
Feb
Jun
Jan
Jan
%
—
50
Sep
Jan
23%
51%
/•■'•
50
American
Jun
57
Corp...
11
;
.....*
25
_.
200
253/4
16%
Jan
27% May
O
3%
Jan
Aug
6% May
400
A
Jan
2
Apr
Ogden Corp common
Brass
7%
100
4%
Jan
8%
Jun
Ohio
Edison
*1
;;;
1
7%
7%
...—.*
3%
400
1%
Jan
1010%
700
8
Jan
141% 141 y4
•
^
10
125
Jan
.3
•
Dredging.—;
&
16%
16%
102
~2%
Nineteen Hundred Corp B—
26
"iizii
Radiator & Mfg B
common..-
3%
5
common...
Manufacturers
3%
2%
1,400
4%
Jan
2
-39
Jan.
19
25
28%
28%
47/a May
13%. May
147
Jan
21
__*
...
class A..1
preferred
Participating
30
Com-
Johnson & Co...^._i....__.-..—*
Merchants
30
100%
73
Niles-Bement-Pond
Aug
52% Aug
:
Jan
23/e
40
85
85
85
8% May
24 ■% May
13% July
Jan
763/a
Ohio
Mercantile
18
"2%
Jun
55
<
Jan
18%
•
Massey Harris common.
Mead
200
73
Apr
Jan,
V- 103
*
Marine
Mass Utilities Association V t c
McCord
22
4% May
Jan
78
10
2 3/a
Jan
5%
Ltd
Steam Shovel....;
McWilliams
Feb
2 3/4
Jun
Co........
Margay Oil Corp..
Marion
31
100
100'
16%
9 3/a
Jan
20
:;v
450
13/4
1%
•
Mfg Co.
International
munication- Co
Jan
7
100
common
preferred.
Class A optional warrants
Class B optional warrants
2% May
2
(The B)
July
109% 110%
1
2d
North
1
Consolidated
Mapes
4
108% 108%
100%
_•
shares
Nor Indiana
Marconi
Jan
10% Mar
Utility Securities.—^*
Northern Central Texas Oil———5
Manati Sugar optional warrants
preferred.......
1%
20%
16%
.
M
Stores
21%
68% Mar
100
28
preferred—100
—
convertible
Jan
Jan
2%
100
5%
6%
$5
13%
57%
—
North
Mangel
200
500
Niagara Hudson Power
5%
1st preferred..
9% May
Jan
Jan
150
15%
I100
Exploration.... .^..l
&
;
8%.
.__*
...
13/4
1%.
''
15%
Lone Star Gas Corp new common.. ...10
Long Island Lighting common
7% preferred class A
6% preferred class B_.__
18%
'
.
....
Locke Steel Chain
Jan
Jun
607/a
N Y State Electric & Gas $5.10 pfd.100
N Y Water Service 6% pfd
100
1% July
500
10%
93/4
100
7
9
107% May
17% Jun
2%
::
.10
—_
preferred.
Founders
5% Mar
16 % May
iV
24
Jan
N Y Shipbuilding Corp—
50
10
24
7
.10
Jun
243/4
5
Louisiana
2,100
87%
70
23/4 Feb
Honduras Rosario
Jun
Feb
4%
1,600
y?
iV
Inc 6% preferred. ...25
{Thos J)
7%
7 3/8
%
1
(R G) Inc
Material Co.
Lipton
7%
.....—•
Development..
Le Tourneau
Jan
7
Merchandise
11%
3/a Mar
12 %
105
5% May
533/4 July
Jan
common
21
6% Jan
$6
Lefcourt Realty common...
__..__1
Convertible preferred.........
•
Jan
25%
Jun
Feb
4%
19% May
2% Feb
Langendorf United Bakeries class A__*
1
1,925
6
11% May
5% May
Jan
18%
City Omnibus warrants
Co
Jan
60 Va
18%
::!S
common
N
101
25
3%
49
*
Apr
Feb
3%
100
1.
104
."
II-*
Jun
.
Feb
2
200
:;4
•
1
,
>■'
14%
2%
1
5
100
%
28%
14
.
Lakey Foundry & Machine..
Lamson Corp of Delaware
Lane Bryant 1% preferred....i.
Lane
29
1
(N J)_
Mines Ltd..
1%
21
Apr
112% May
77/a Mar
400
48 Va
105
•
Arizona Land-
New Process Co
Lackawanna
Lake
48%
.100
—
common..
&
37/a
100
4%
47/a
New Jersey Zinc
New Mexico
100
8 Va
3%
—•
...
Clock
Haven
"5
High
Jan
104% Feb
....
England Tel & Tel
New Idea Inc
30
12%
4%
preferred
preferred
$2
300
8%
New England Power Associates.
70
Range Since January 1
Low
20
109% 109%
Nestle Le Mur Co class A
143/4 May
63/4 July
Shares
High
19%
Nelson
Feb
1023/4 July
69
July
12% Mar
100
10
1
special preferred
Brewing Co..
20
I100
preferred..
for Week
Low
•
Co
Sales
Range
of Prices
Nehi Corp 1st pfd
(Herman) Corp.—___
Neptune Meter class A
10 3/4
Api
4%
10
Week's
Last
Sale Frice
High
Jan
13%
—
,.—100
preferred
(S H)
Kreuger
14
Friday
Exchange
Sept. 3
Par
Low
%
High
14
Curb
Week Ended
Range Since January 1
—*
—
Kresge Dept Stores—
4% convertible 1st preferred
Kress
Low
'
York
New
Shares
10
1
(I B) Rubber Co..
Corp common.
Kobacker
of Prices
1
Kirkland Lake G M Co Ltd
STOCKS
for Week
Range
Last
Sale Price
*
Sept. 3
Sales
Week's
Friday
STOCKS
New
CHRONICLE
Jan
July
Jun
July
6V2 May
29
Aug
Co class
Public
6%
B
7%
Ollstocks Ltd
6,900
2%
Jan
425
17%
Jan
91
Jan
22 % May
103% Aug
106%
Jan
115%
107
Jan
115
103% Mar
112
July
12
Jun
X20
103%
103% 103%
60
113% 113%
40
115% 115%
20
100
1st pfd
100
115%
100
....
common—
Oklahoma Natural Gas
4
21
x20
*
preferred
Service
1st preferred
3%
4
•
common...
$6 preferred..
Ohio Power 4%%
Ohio
4
5
...
11%
ii3/8
100
preferred.
;
$5% conv prior preferred
Jan
%
Jun
Jun
Sep
"
15
common
$3
8%
55/a
163/4 Aug
50
54
19%
Apr
55% July
54
150
48
Jan
112% 113
•
30
110
Feb
117
May
Oliver United Filters B
Merritt
Chapman
Warrants
6%%
.
&
5%
•
100
A
preferred
.....——100
Messabi Iron Co_^_.__——.........I
Metal
Textile
Corp.—
.
.
125
100
2
2,300
111
l3/4
10
'
.1
Jan
85/b
Jan
1 y8 May
98%
800
6
L
........
.
5'
-3/a
Scott
Jan
108
111
1
-
.ran
2 Va
,
111% July
% Mar
14
2,200
'A
5%
300
43/a
Jan
•%;
%
100
■%
Jan
5%;
5%
5%
Sep
1% May
73/4 Mar
4% Mar
Michigan Sugar Co———.__*
Micromatic Hone Corp—...
6 3/4 July
v
t
West
c
v
"6%
t c.l
A
~7%
900
x3%
Jan
1%
'1 %•
l5/e
2,500
3/a
8%
8%"
9
6,900
45/a
Midland Oil Corp $2 conv preferred..*
Jun
3%
Jan
7%
Jun
Overseas
Securities...
1
8
Pacific
Co
Can
200
•
common
Pacific Gas
6%
i-
Jan
Apr
8 Va
Jun
Jan
2
Jun
Jan
9%
Apr
Mar
.-...1
common.—..5
,
Corp
200
__1
Petroleum class A
Middle States
Class B
'£%
_—...10
Preferred
Middle
;
Feb
8
31% Mar
Apr
53/a
5%
8
Jan
3% July
Jan
108'
if;'
..2.50
.
Jun
33A
Jun
:%
'
Michigan Steel Tube—.
7
1
Feb
28
Participating preferred...——.15
Metropolitan Edison $6 preferred
*
Michigan Bumper Corp—
—1
•
Omar Inc
'
1% Mar
25c
Apr
9%
Feb
& Elec 6%
1st pfd
1st preferred
Pacific Lighting $5 preferred
Pacific Power & Light 7% pfd__
25
5%%
Public
Pacific
$1.30
1st
*
1,700
100
95%
5%
98
130
„
Co.
13% May
36% July
33 % July
Jan
Jan
73
109
Aug
98
Sep
33/4
Jan
5% Sep
153/4
Feb
19% Aug
72 3/i
Jan
86
33/4
Jan
200
5%
•
Corp—.J,...
<
Jan
28% Jan
•
Pantepec Oil of Venezuela Am shs._
Jan
31
102%
100
Page-Hersey Tubes common
Parker Pen
32%
...•
preferred
Motors
36%
32%
___•
Service
Paramount
8%
35%
36
25
73/4
7%
77/a
,
8,200
6Va Mar
1
July
9% July
6%
Apr
■
■>"■
Midland Steel Products—
$2 non-cum dividend
Midvale Co
Mid-West
common
—.....
Abrasive
Midwest
Oil
Midwest
Piping
......
Co
ZIL*'
kliso
:/ 21
■
.....—.
;/
VI:
~8
Avi;/;,
!~Ii
! »-»
OO
25%
Jan
35%
Apr
Jan
Patchogue
2%
Apr
Peninsular
6%
Jan
8
2,300
14
A"
Jan
21
,
8%
Jan
19
July
Jun
Mar
1%
'A If ,Tl
.
I
200
700
l3/4
Jan;
2% July
1'
Apr
2
50>
rV/a
*
».'
Mining & Mfg__—
Minnesota Pwr & Light 7% pfd..
375/
"2 3/a
I2 A:'>
"2%
'
*
Minnesota
15%
28%
.
110
13/8
28
■S\''
Mining Corp of Canada
21
19 Ya
r: 28
.^10
...
Supply...—i
&
Refineries
Mid-West
t
shares
Jan
Aug
Parkersburg
$1.40
90
:
>59% Mar
Jurt
Mock Jud
-2.50
Voehringer common
..._1
*
Monarch Machine Tool..
11
11
16%
16%
16%
350
2%
2%
Utilities.,
Dakota
10
Ward A...
Montreal Light Heat & Power—
Montgomery
....
1,300
'' '
"7% ~7%
169
—
%
100
172
620
5%
163
Penn
Traffic
Penn
Water
21'3/8
Jan
20 Va
Jan
Jun
23 %
Jun
Prop
Mountain
Producers——
Mountain
States
Power
—10
—100
Murray Ohio Mfg Co..,
Muskegon Piston Ring
0%
Co
"l%
r 5%
5% *,
19
-
J.
^
'
700
;
2%
1%
Jan
Co...
Philadelphia Co
——I.__.
Securities
Pioneer
Jan
Jan
20
Aug
Jan
129
July
Jan
10%
Apr
Jan
10%
Jan
693% Mar
100
5%
15%
Jun
Apr
Gold
Pitts
Bess
common.—_—l
1%
1%
1%
9,000
National Breweries common——-*
National
New. common
$3
...
convertible
—
preferred-..
National Fuel Gas
38
1
May'
500
18
Mar •*/
100
40
26%* 263/4
153/8
13y8
13
700
.50
11%
11%
common...___*
Jan
15 Va
/•' 2
.
11%
5,800
33/4
33/4
100
Power &
Light $6
pfd—*
Steel
*
National
Sugar Refining
Tea 5Va% preferred
National
Car Ltd
National Transit—
National
Tunnel &
National
Union
For
footnotes
Radio—
see
page
<
.
40
Sep
Premier
July
July
12
Apr
4V4 July
Jan
3Va
Jan
Jan
13
May
Feb
53
July
21
May
183/4
500
9%
Jan
7%
7%
25
7
Jan
100
11
133/s
___•
1%
33/8
133/8
2
33/8
200
100
40
July
7% Aug
8%
Apr
Jan
137/a
Apr
1% July
2%
Feb
:%
Jan
4%
Jan
Jan
Gold
Prentice-Hall
96%
173
s/a Mar
Jun
Sep
Sep
July
3/4
Jun
3
July
Jan
69
July
Jan
51 j/b
104
125
Sep
34%
5%
6
200
4
Jan
7
87/a
9
300
5
Jan
93/4 July
50
34%
21%
Jan
25
Feb
31%
7
25%
34%
7
July
34
9%
100
7
243/4
26%
4%
Jan
2,000
8 3A
Jan
30
8Va
-
~2%
7
Sep
Jun
Jan
13 V*
Jun
July
Jun
2%
Sep
Jan
7%
Jun
Jan
42 %'
Jun
473/4
Jan
65 % July
Jan
143/4
843/4
Jan
97 % July
2%
Jan
8V8
Jan
13% July
12V* Mar
58%
Jan
10 Va
.50
1 Va
143/4 July
7,100
7%
6
38
-2%
1,000
330
59%
25
92%
93%
3%
3%
1,200
13%
13%
1,100
.V
400
,
4%
Jun
Jun
1
1%
8,000
X
Jan
13/s May
9%
9%
700
; 3%
Feb
9% Jun
6
6
6%
1,000
4%
Jar
7
Apr
7%
7%.
125
Jan
x9
Jun
27%
300
Jan
30% Julv
—5
1
Co
Mining
Inc
1
9%
•
7%
27
•
7/a
__1
5%
19
34
common...
•
America
1
7%
7%
100
1
X
A-
1,500
Jan
1
Aug
Jan
%
4,200
1
.
43
Aug
Aug
87%
25
103%
743,4
25c
of Canada
54
52%
Jan
76
150
Apr
__5
Sugar common
29
102
200
__io
Mining Co
Pratt & Lambert
Feb
Jan
18 Va
...10
30c
973.
7
600
67%
125
7.50
common
Power Corp
Aug
52%
.12.50
.....
Mines..,,.
■1
1%
200
%
l
....
common
Scale
Jun
63/a
;
Jan
10
Glass
28% July
400
*
National
7
July
%
*
•
Alexander
20
1003/8 1005/s
Plate
&
12,
OV2
60
25
•
50
Valley Wine Co
Pressed
Metals
Apr
of
Producers
Corp of Nevada
Prosperity Co class B
500
•
33/4
Jan
7% July
& Jan
% May
4
Mar
8% July
Jun
8 3/a Mar
•
7
6%
1st preferred
100
104
Apr
106%
7%
1st preferred
100
109
Apr
114% Aug
Jan
Providence
National
National Refining common
National Rubber Machinery
67
122
1
Meter
RR...
Powdrell
13 Va
2% Mar
Sep
38
•
Ltd
Postage
Jun
44%
50c
...
National Mfg & Stores
(A Jan f;
25-
Candy Co_*__.^..._
National City Lines common..
Jan
65
Jan
2%
67
125
.1
Metallurgical/
Inc
Polaris
-10'
u
n
550
96%
165
Jan
200
103%
95%
..*
Pittsburgh & Lake Erie.—..
Pittsburgh
Pittsburgh
Potrero
National Bellas Hess
pfd..
common.
L E
&
Pneumatic
...^*
100
165
8%
common
Mines
Pitney-Bowes
4% Mar
44
1
....
Co
Governor
Plough
N
—
103%
14% Mar
4%
500"
>7%
Packing
Pleasant
Nachman-Springfilled
50
65
T%, '">4
•
common.
Phillips
67/a. Apr
4%
13V*
112%
...
Jan
3%
6,200
27%
100
Pharis Tire & Rubber
Pierce
200
12 %
7
4%
10
2.50
& Power Co—
Pepperell Mfg Co...
Perfect Circle Co
2% Mar
10
200
19
12%
.
4%
700
.
Sep
33% July
250
53/4
18%
1273/4 1273/4
common.——.....
preferred
"2
.
9
*
common
Mountain States Tel & Tel..
Muskogee
1%
17%
37
643/4
..20
common
Phila Electric Power 5%
__OC
43/a
•
Sugar
180
Apr
125
30;
com
Penn
1% May
73/4 May
Jan
200
A
July
$6
Phoenix
Mountain City Copper common...
Aug
Power & Light $7 preferred—•
preferred
_«
Salt Mfg Co..
..—.—50
4
Jan
22% r23%
;V
'
Aug
30 3/4
21% May.
16V4 Aug
29
—
Moody Investors partic pfd
Mtge Bank of Col Am shs...
% July
32% Aug
32% Apr
13.
Jan
l3/a Mar
II
19
37
Jan
12% July
?
Jan
4%
.100
IIIl
Pictures common.
Monroe Loan Society A
—i. ..._I
Jan
Jan
28 3/i
Penn
Aug
Aug
28
17%
17%
37
8% July
Jan
112
93/4
24
25
A
Elec class
Penn Gas &
Jan
•
97% Aug
Jan
8
y8
11
Monogram
Montana
IOO.3/4
5J/2
10
common..
Molybdenum Corp..
preferred
....1
Pennroad Corp commun
_1
Pennsylvania Edison Co $5 series pfd_*
$2.80 series preferred
__*
Penn
Missouri Public Service
Rig & Reel
Plymouth Mills
Telephone common
14
...
112 * ' 112
pfd__ ,.100
Mississippi River Power 6%
.10
Public
Gas
Service of
Colorado—
Puget Sound Power & Light—
$5 prior preferred
$6
preferred
Puget Sound Pulp & Timber
Pyle-National Co common
Pvrene
Manufacturing.—
•
119
•
76
•
5
—10
119
75 Va
12%
119%
76
12%
Jan
120
Aug
600
45 %
Jan
78
Aug
100
7%
Jan
133/a
Apr
15
Jun
700
1013/4
9% May
THE COMMERCIAL & FINANCIAL CHRONICLE
972
Monday, September 6, 1943
NEW YORK CURB EXCHANGE
STOCKS
York
New
Curb
Friday
of Prices
,
East
Low
New
Range Since January 1
Shares
Low
High
q
6%
preferred
Quebec
Power
_100
.
70
Jan
92
Mar
StroooK
146
Feb
156
Feb
Sullivan
25
13
13
•
Co
% 149 %
13
July
13
July
Sun
tSi
A
^
Jan
Jan
131/4
2%
Jan
7%
200
1%
n%
17
9,700
1%
1%
11%
Jan
17,
—10
1
10
Raymond Concrete Pile common..,
•
$3 convertible preferred.,.
—*
Raytheon .Manufacturing common__50c
Voting
common
,
Railway & Utility Investment A
Rath Packing
Red Bank
Oil..
17
Roller Bit Co
U%
12%
2%
600
1/2
Jan
21%
Jan
16,600
25 V*
100
IS
%
2,500
12%
12%
50
>3%
3%
1,900
12y4
121/4
100
25%
a
•
1%
1
*
Mar
51
Jan
1%
13
1%
.—1
Republic Aviation..
Rheem Manufacturing Co
14% July
2,
July
29 y8 July
A Aug
-A Jan
10 V*
Mar
13%
Jan
Apr
5% May
9% Mar
14% July
3
,
Jan
10 V*
1%
1%
1%
1,500
1,000
i
Aug
Sep
1% July
Radiator
1
Rio Grande Valley Gas Co v t c.-„—1
3%
3ya
3%
400
1%
Jan
4% July
y2
a
700
sa
Jan
pfd D— .100
105 ya
IO51/2 1061/4
220
Goods
warrants—.
Rice Stix Dry
10%
Oil Corp.
Richfield
Richmond
Rochester Gas & Elec 6%
Roeser & Pendleton Inc
Cable
Corp
7
Jan
1
10%
I
101/4
_4%
91%
;
13% May
22
19%
150
12%
Jan
21%
Jun
17%
400
13%
Jan
20%
Jun
12
12
300
7%
Jan
12
Sep
17/b
Jan
"4%
4%
4%
5,300
48%
48%
50
43
•
com
Jun
49% May
Jan
*
9%
100
9%;
14
Apr
10% July
8% Mar
/
July
5%
12% Mar
—13
Corp
107% July
Jan
17
Apr
11% July
Jan
Jan
4
21/2
300
Jan
5% July
Jan
18% July
16
..20
•
Mar
59%
59%
49%
200
59%
Feb
69
Jun
19-
Typewriter,
Royalite Oil Co Ltd
Royal
Feb
22
Apr
.
Russeks Fifth Ave.—_—
*2%
3%, Jan
6% Apr
Ryan Aeronautical
...1
3%
Technicolor Inc
Texas
Tilo
Jan
5%
200
3%
Jan
6% Mar
I1/2
400
A
Jan
2% May
1%
1
5%
1%
Consolidated Petroleum.;
Ryerson Si Haynes common,
Apr
2
Co
IlOO
pfd
Tobacco
Todd
dep
100
3%
17%
Jan
6%
6%
102
300
6%
4%
~4%
"4%
~4%
100
Shipyards Corp
114
22%
7 Va
Jan
:
•'
Jan
2%
59
10
59
102
107
Mar.
...1
Trans Lux Corp..
,/2%
2%
1
Transwestern Oil Co
3
Mar
.100
Edison 6% preferred.
preferred
Tonopah Mining of Nevada..«...
13
..10
13
12%
'
May
67
Jun
109
July
113
h
July
it
1,200
Jan
1
Feb
Jan
4
May
6%
400
2%;
Jun
11% Aug
Jan
.100
Toledo
Jun
July
5%
Feb
53
July
2%
62
6% Jan
1% Feb
;«
July
July
Apr
7
.
Jan
Va
def reg
recs
Mar
43
Jun
15% July
Jan
50
.
Exports—.
Tobacco Security Trust Co Ltd—
Amer dep rets ord regis
5-%
:„26% July
Jan
140
70
—1
Product
Amer
6%
5%
5%
70
..
17% Mar
3,400
111% 112%
111%
—1
Stocks
Allied
14
3% Mar
600
23%
12%
—5
Realty & Construction.
&
100
23%
2
...
common
Roofing Inc
Tishman
Tobacco
4
23%
13%
Oil & Land Co
Shovel
4
«
common
& Light 7%
Power
Texon
Thew
Jan
16
Jun
'
Tri-Continental
warrants
Trunz
Chatillon
%
%■
100
»»
700
4%
Inc
Tubize
5% Mar
Co
1
Taggart Corp common
Tampa Electric Co common
Apr
2%
1
preferred
i_
1*—„——■—-
%
Jan
7%
500
"4%
——i- .—5
—--
$1.20 convertible
IO1/4
13
common.——
Co
Petroleum
X9%
-
Field Inc—
Roosevelt
Ryan
preferred
1% July
3% May
Jun
% Mar
19
Jun
49.
1
•
50c
5
Oil Co
Reliance Electric & Engineering
*
convertible
Feb
17
17
1
1
50
1
Jan
19
•
*
;
High
%
1%
14% July
Co. common.—-
fteiter Foster Oil Corp
Rome
Low
200
& Light Securities
Railway
Root
1
Range Since January 1
High
1
1
Co
Swan Finch Oil
1%
Low
Shares
50c
common
Superior Port Cement class B
r
Sales
for Week
Range
of Prices
S
new
Ray Drug Co.
5%%
Reed
Corp
Machinery
Sunray
Radio-Kelth-Orpheum option warrants.
Last
Sale Price
preferred
80
250
85
149
149 %
(Hugo)
$1.50
83
Week's
Friday
Exchange
Sept. 3
Par
Stokely Foods Inc
84
•
;
common
Curb
Ended
High
Stlnnes
Quaker Oats
York
Week1
for Week
Range
Par
STOCKS
Sales
Week's
Sale Price
Exchange
Sept. 3
Week Ended
Class
Jan^.
7% July
::
1% July
8% July
,;
7%
8%
3%
3%
4%,:
900
1%
Jan^
Apr
64%- Aug
5% May
9%
9%
9%
800
6%
Jan
10% May
Jan
3% May
Corp..
A
1
10
Jan
39
—1
Tung-Sol Lamp Works
80c convertible preferred
Jan
u
St
Class
St
Corp Ltd
Lawrence
7%
Salt
$2 conv pref
A
Regis
Oil
Dome
__
;—-—;
3
3%
"71/2
Co—
United Corp
Samson
Sanford
5
—100
1
Paper common.
preferred
common—
...
•
31/4
115
75
135% 136
6%
7%
3,500
1%
1%
Co—
Co
700
2%
—;
3% July
Jan
Jan
36
(D A)
Convertible
preferred—
!
25
25
—*
•
Manufacturing—
Electric $6 preferred
Scovill
Scranton
Lace
Scranton
common.
Unexcelled
Union
Gas
of
Union
Investment
United
Aircraft
United
$3
United
Corp
United Elastic Corp
200
22%
Jan
43
July
900
25% Jan
32
$5.50 prior stock—
—25
17% Jan
26
Control-—
Shattuck
58
May
16 %
July
1
1st
12
12
2%
2%
200
7%
Jan
800
43
2%
1
Jan
29%
100
43
46
Feb
July
1
1%
5,500
%
Jan
81/2
2,200
4%
Jan
9%
1 ''
1,800
7
7%
550
67
67%
150
13 % Mar
1/4
3
67%
17
i
Jun
5%
pfd series AAA
cum
10
May
Jan
73
July
Co
Silex
common
% May
A Jan
'
3% Mar
5
3%
3%
2%
700
89%
1,100
Jan
Jan
14
89%
89
4%
Jun
8% July
4
Jan
83
J an
Apr
16%
100
1st
Apr
—•
12%
Jan
13% July
10y8 Mar
14% July
•
119%
Jun
Simmons-Boardman Publications—
Sioux
City Gas & Elec 7%
Solar
Aircraft
Amer
dep
Profit
10 %
&
Soss
Manufacturing
South
pfd
100
1
Pa
Shoe
Power
class
A
Phosphate
Line
Co
;
Utah-Idaho
Radio
$5.50
Jun
Aug
%
Feb
Jun
4%
100
72%.
625
63
Jan
72% Aug
170
43
Jan
47
5%
100
4
Jan
7%
1,800
2%
Jan
7%
Jan
7%
%
4%
;
Jun
July
6% July
8% July
Aug
1% May
Jan
-
73%
600
Jan
80 Va
Jun
3%'
3%
600
1%
Jan
3%
Jun
1%
2
400
1%
Jun
2%
Feb
2%
73%
2%
72
3%
60
700
2%
common..
2,900
A J&n
% Aug
Apr
.
Jan
3
Feb
1%
11
13
Apr
Feb
7%
1
Feb
2% May
15
Jan
1
16
:,
100
17%
17%
1,000
•
...
•
1
*•2'
2
5
Sugar.
Products
1%
Jun
49%
48%
100
2
50%
1,100
22
jylv
Aug
15% Aug
18%
July"
14%
1
C01——
20% May
1%
1%
74
125
1%
Feb
Jan
.
3
May
68% July
4%
Jun.
% Jan
100
73
19% July
Jan
Feb
2
45%
2
10c
1
400
2% May
Jan
75% Aug
49
Jun
32%
32%
ii
■
'
1 %
64
64
~
43% July
29%
Jan
28%
—
300
■
Feb
33
Aug
31% Aug
1%
%
Jan
2
63
Aug
64
July
115
Mar
121%
Jun
300
64
90
—
--
5%
'"mm
■
«...
,
1^
•
Jan
6%
Jan
'i
—
-
■
3%
29%
3%
32
i..
100
90
1%
23
5
..
5%
5y8
5'/8
18%
•
1
70.
Apr
1
500
80
200
%
18
Jar.
Jan
4%
Jan
1% July
32
July
9% July
Jan
80
1
Jan
10
July
44
Sep
Jun
Jan
% May
Jan
Jan
2% July
Walker
Mining
Jan
Knitting
Jan
1
May
6% May
Wayne
21/4
12%
Jan
19% July
1%
550
2%
400
17%
9'/8
600
Texas
West
Va
July
Western
Air Lines
12i/a
Jan
17% July
Western
Grocer Co,
Jan
Jan
113% Aug
i»8 May
Western
Maryland Ry 7 %
A May
aa
Jan
53%
300
161/2
Jan
91/8
100
6%
Jan
a
feb
% May
1%
Jan
2% May
1%
100
ctfsll
a ja»
1
1st preferred.
54
"•
1
common
50
,
preferred
12
5%
5
44,
12
5%
44
50
500
50
July
9
Jan
21/4
Jan
35
Feb
20
Sterling Aluminum Products
Sterling Brewers Inc
Sterling
Inc
common
TV*
l
61/4
III
~~
j
4
4
400
1%
1%
400
1%
57% July
11% July
Jan
Jan
July
2 Va
July
A
.
Western Tablet &
98%
...
1,500
4
Jan
9%
1,200
5%
Jan
56% Aug
Williams
Oil-O-Matic
13
Willson
&
9%-
109
6%
Aug
Apr
11% July
11 Va May
9
Apr
100
•
67
Jan
95
14%
Jan
18
Mar
21
July
26
May
13
Feb
Mfg
8
200
10
Co_^
May
•
—
5 Va
Jan
15% May
9% JUn
5%
.7%
1
Oil Corp
(R
July
5% July
Products
Jan
7 v4 May
7% Mar
9% July
Portland Cement.a—
44
Sep
Wolverine
Jun
Light 1%
9
Jan
12% July
100
108
Jun
108% Aug
pfd
Woodley Petroleum
4% July
1% May
May
4v» Mar
Jan
—_•
Power
&
1%
1
Heating
Inc.
Wisconsin
10
12 % May
7
Jan
~4%
9%-
10
Inc...
C)
14 Va May
4
Mar
"4%
„
600
20
1st pfd
Stationery com
Westmoreland
River
A May
Jan
Jan
3%
——20
Coal...
Weyenberg Shoe
Jan
2%
100
%
"3%
5
1
Inc
Westmoreland
Apr
Jun
Jan
Jan
Coal
Williams
1%
H Jan
2%
973.
Utility $6 preferred
& Coke..
West
July
Wichita
1%
15 %
Apr
11%
3
7,200
1
Feb
%
17
A
Qi/a
90
Mills
Jan
110
50%
10% July
Apr
~3%
Co
Wentworth Manufacturing
Jan
200
52
Feb
86 %
class
Waitt & Bond
13
16%
Jan
•5%
.
5% July
100
3%
100
%
i/a
18%
5% Mar
100
7%
preferred
7%
3%
8%
3%
Co
2%
*
page
100
8
w
Aircraft
Waco
500
2
1
B
Sterchi Bros Stores
see
26%
7%
79
July
4% July
Sep
32
1,500
18
1
Steel Co of Canada
2d
12
%
4%
100
Co
6%
Jan
-
Jan
•
5%
Manufacturing
%
4%
.10
class
8
100
•
Virginia Public Service 7% pfd
Vogt
1%
26
Petroleum
6% July
9% July
Apr
7%
May
>
1
5
1
Valspar Corp common
$4 convertible preferred
Venezuelan
2%
400
2%
Jun
3%
..10
6%
1
6%
300
3A
9,200
Feb
4%
4
Jan
8v4 July
Woolworth
(F W) Ltd—
American
deposit receipts
8s
6 %
£1
Wright
Preferred
Hargreaves
Ltd
y.
11
4%
Equities common
priority stock
Utility
2%
4%
260
Jan
44%
V/r
Insurance
Pictures
Feb
a
Jun
32
Jan
40
'
1
.
1
pfd
(The) Corp voting trust
footnotes
I
—20
Standard Silver Lead
For
^
'
("
•
10
—
preferred.
(Ky)
Co
Universal Products
Universal
250
300
5%
7%
—
Jan
.1
;
B)
July
2.78
(Ohio)—5%
Products
(J
106
49 %
■
..10
Voting trust ctfs
28% Mar
%
—8
B
37%
A
Preferred
Stetson
Mar
Class
4% July
•
preferred
& Co
—
July
July
71%
4%
2
....
Oil
.
44%
Wagner Baking voting trust ctfs
Common class B
(A)
Apr
5
Jun
100
256
Universal Cooler class A—
241
Jan
••
_50c
Paper.
Jan
•
%
Standard Power & Light
Stein
Wall
United
6
ord regis
$1.60 convertible
Starrett
United Stores common
Feb
•
Inc.:
Tube
93
*6.
•
•
Reclaiming
Jan
1
Standard Dredging Corp common
Standard
Feb
55% July
Va. Jan
'
Brewing Co
Standard
Rubber
1%
5
Standard Cap & Seal common
Oil
S
2%
10
Spencer Shoe Corp
Standard Oil
.39
•
Utah
10
Co.
Spalding (AG) & Bros
1st preferred
Spanish & General Corp—
Amer dep rets crd bearer
Standard
i'
Utah Power & Light $7 preferred
25
Pipe
Convertible
Feb
72%
iii
4% July
5% July
.
Standard
May
2% Aug
Securities
preferred with warrants
4% May
preferred
100
Southern New England Telephone__10Q
Stahl-Meyer
U
1st
Radiator common
Jan
25
7%
Amer dep rets
$5
Jan
25
Royalty
29%
25
—5
Jan
800
v
.
Edison—
preferred series C
Southland
and International
U S
U S
: __1
—1
—
common
2Ve
preferred B
Southern
Graphite
2i/a
6%
Southern
S
2
25
Colorado
U
100
original preferred
Southern
United Specialties common.
U S Foil Co class B
4
300
43%
36
.28
...
3%
43%.
21
%
.25
common
,;
4%
10
200
.10
—
Machinery
x3%
2,200
July
4,200
3% Mar
4%
5%
5%%
3%
Jan
123
Va
256
.100
...
x3%
>.
25
Pipe Line
California
Southern
4%
%
Jan
80
1
•.
common——
Oil—
Penn
Southwest
common.
3%
1
_1
_
ii May
u May
% Jun
'''1*
1
Co
Jan
Jan
,
52%
,25C
preferred
United
Jan
96
a
Vt
115
36
Canal Co
175%
40
600
2,100
2,400
%
Sharing.
31% Mar
227
4% Jun
%
%
ord regis
rets
United N J RR
United
1
£1
Corp
South Coast Corp
22
21% May
225
May
/V/:
% Jan
120%
preferred-
Universal
Co.—
Solar Manufacturing
Sonotone
•
1
...100
16
Jan
'»
Jan
A May
i
49%
Co Ltd—»
Molasses
Universal Consolidated
preferred.......
convertible
$3
Simplicity Pattern common
Singer Manufacturing Co
Singer Manufacturing Co Ltd—
Amer dep rets ord regis
A Jan
July
1% May
*
A
-A
%
52
preferred
participating
$3
United
Jun
July
111%
;
•
United Milk Products
72% July
Jan
100
Canada
of
Sherwin-Williams
9,900
15,400
3
119'
V2
_
.
May
1% May
Jan
Jan
511/4
—•
25
Jan
10
warrants.,
United Light & Power common A...
Common class B
1% July
7%
7
——5
common
'
17
57%
Jan
%
12,300
>
July
14% May
'•
3% July
8%
•
Mining.
Denn
aa
2%
2%
t
$7 preferred non-voting
Option
—«._1
.1
Shawinigan Water & Power..—.
Sherwin-Williams
1%
warrants
Preferred
Sentry Safety
1%
,
May
Apr
44
52 y4
Serrick Corp-class B
1%
aa
Stores
,.'3
Jan
Jan
July
certificates
Seton Leather common...
July
6%
•
1
43
29%
—5
Allotment
3
1,200
10
•7% July
57%
•
-10c
Jan
401/4
Segal Lock & Hardware
—1
Seiberling Rubber common—.—....•
Selby Shoe Co
;
•
Selected Industries Inc common—.1
Convertible stock
pfd
Cigar-Whelan
29%
*
—
& participating
United
43
1
Bros Inc—
8%
4% May
Jan
12
3% July
$6
Seeman
8%
Feb
5.
common.
16% July
1% July
cum
3% May
Jan
3
.
Products
Jan
29%
•
common—
Securities Corp General—
2
.
.
%
—*
preferred
fccullin Steel Co
100
common—
Chemicals
Scranton Spring Brook Water Service—
$6
700
;
Canada.'
Jan
700
1%
2%
~3.%
1%
Corp—
Manufacturing Co
United Gas Corp common
1%
1
common
Aug
2%
"3%
...
Realization
Ulen
%
1,400
•
Schulte
Jun
% July
8
Jan
%
*
,
137/
Udylite Corp
12 'A
2%
5
common
Jan
24%
1
May
16% July
4 V* May
15% Aug 11/2 Jan
7,500
*
Mills
Oil
Savoy
Schiff
•
—5C
•
6%
Jan
10
Jun
5
3%
Aug
5
Aug
2
Jan
4
Apr
Volume 158
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4209
JFridav
BONDS
■
New York
Period
3
1 Week'«« Rangy
.
Last '
interest
Curb Exchange
Week Ended Sept.
or
Low
2%s
f
s
3 Vis
3%s
debs—.
,—
J-J
.1950.
—
Amer
M-S
95
•'
A-0
88%
97
...16
106%
109
124%
126%
19
107%
73%
46%
deb
-73%
70%
F-A
21%
J—*..- .1968
A-0
21'/a»
.1977
F-A
.1955
M-S
5s
A Debenture
57as
deb
AConv
—
Assoc T Sr T deb 5Vis A—.
1955
4s
1962
Oklahoma Nat Gas 33/4S
14%
25%
13%
95
13%
25%
Pacific
21%
49
12%
25%
14
25%
V-
85%
87
87
72%
20
■.
1948
Light 5s_.—*.1955
St
.»>■ 1st' 5s_
108%
U04V4 106
104 %
t!08% 109%
M-S
Power
J-D
..1947
106% 109%
99%
37»s
11474
1167a
1177a
121
Canada
Northern Power 5s—*——.1953 V
El & Gas 334s—.——1964
•
—1969
1A Central States Elec 5s__*-*-*.—1948
A5 Vis
—1954
P ft L 5Vis.-—:
18
19
101%
98%
'■J:'8
;
5106% 106%
98%
"
98%
;
r
M-S
F-A
35%
37%
$100
55%
69 •
A-O
13'
N———1971
■
108
108
108
$104
' 46
'
111
$105% 106%
J-D
■96%
J-D
99%
,
;-"93-;; 93%
3
J-D
Til%
1007a
San
Joaquin Lt & Pwr 6s B
>
A-0
9874
977a
Sheridan
843%
98%
South
85
99
Southern
■
4%s
1st
>
Estate
series
...1952
6s
D___
Carolina
Power, 5s
Edlsoh
California
100
Southern
*'
1183/4
1207a
Southern Counties
1093/b
112%
Southern Indiana
1057B
A-0
__._____1970
Wyoming Coal 6s
J,
California
37»s
Gas
Gas
A-0
104%
98%
5s_—-——I—*—'1944
86%
98
86%
103%
"4
105
103%
1067a
102 S/b
105%
2
106%
109 %
103
10674
P & L 88—--—*-2022
Spalding (A G) deb 5s.....
„_.1989
117
Standard
987a
79
87%
101
$104
1067a
70
70%
M-N
1233%
8274
165
98%
86%
.—1955
33As—.—
A—*—1956
Electric Power & Light 5s.*
2030
Elmira Water Lt & RR 5s—.
-1956
Empire District El 5s_—————1952
Federal Water Service 5Vis——1954
Finland Residential Mtge Bank— ...•
6s-5s stamped
1961
Florida Power Co 4s ser C-—*—1966
Florida Pow & Lt 5s
—1954
Eastern Gas 8s Fuel 4s ser
M-S
102%
w-s
"k-3
]/., 6;v:
it 102% 102%
88%
10474
707a»
68
88
101%
6s
107% 107%
M-S
M-S
MS
106 %
105
105-v
M-S
$54%
aA—1
12
106%
M-N
''
■
:
104%
82%
J-D
82%
gold debentures
*
1957
Light 6s.
—1957
A Starrest Corp inc 5s_,
-.1950
Btinnes (Hugo) Corp—
7-4s 3d stamped..—*.^-..
.1946
Certificates of deposit..
Btinnes (Hugo) Industries—
52
-
105
1037a
F-A
82%
827a
82
26%
Power 3%s A
.———1969
Pub Serv 5s—-*.1953
Georgia Power Si Light 5s—*——1978
Glen Alden Coal 4s—.
——1965
A-0
A—-*-—1941
97%
M-S
Gatineau
General
jAGobel (Adolf) 4Vis ser
4s—-——1950
Great Nor Power 5s stpd
1950
Green Mountain Pow 334-—.
1963
Grocery Store Products—
.—1945
Guantanamo St West 6s——-——1958
Grand Trunk West
98
J-J
2nd
7-4s
98%
109%
109% 109%
J-D
J-D
.L**..'-"
■-
■'■•.
$63
J-J
A-0
6s series B—;
«
—1967
Idaho Power 334s
Illinois Power & Light Corp—
1st & ref 6s series A—
1st & ret 5
Vis series B—*
1st Si
ret 5s series C
1st &
—1953
1954
.—*—1956
ref 5Vis series
B—*..*.-1957
5s———*1958
5s——1950
Hydro-Elec
Indiana
Service
1st lien & ref 5s———
Indiana
A-0
99
106
106
:
107
J-D
M-S
K)l%
1955
E—1941 coupon)
1957
A 7s
series
A7s
(Aug
J-J
series. F--—;—-—
A7s (July 1941 coupon)—
Interstate Power 5s*..——
Debenture 6s————Iowa Power St Light 4Vis.
JLUWtV
W
Altalian
w
•-♦O—
Superpower
—
V
■r
109%;
3%s_**_—.....1968
J-J
-1
j-D
1949
3.'r
.
J-D
106
N
Electric
J
4s
Kentucky Utilities 4s———.
Lake superior Dist Pow 3Vis——Louisiana Pow & Lt 5s——*
McCord Radiator & Mlg—
6s stamped——*———
A-O
99 v
*
A 5s
income
26%
10
237a
32
127a-
32
106
25
108%
10978
1157a
111
9674
■
10 7%
9374
102 3%109%
85
;;;
112
112
1087a-
33
112%
106
60
,116% 116%
947a
111%
2
102% 103
109
96% -104
6
116
98%
$97
M-N
104 3/4
M-S
1954
debs..
Wash
107 %
Wash Water Power 3 Va s
87
10
105
87
88
87
'
88
•
$112
94%: 102%
•
101
90%
90%
80
28
1177B
20%
95% I007e
1043/i 105
H
22
96
107
$27
6s
115
105%
108%
30
~JS
167a
27
27%
27%
16%
19 "
35
$30
177b
85
84%
85%
56
J-J
53%
53%
54%
16
1958
M-S
1963
J-J
$105
'
74%
36
37
38
13
38
J-D
-
M-S
,
67%
108% 108%
$108
J-D
>
68%
3
unstamped extended to 1959*.
IA York Rys Co
AStamped 5s
31
100
44%
:
——;
BONDS
New York
Curb
Friday
Exchange
Interest
112
113
107%
108%
J-J
$111
113.
J-J
108% 108%
A-O
$107% 108%
*1957
J-D
108%
1077a 109%
10874 1107a
108% 108%
Period
.
857a
63V4
94
3"
100
83
75
93%
12
v
1
95%'
95V#
73%
Week's Range
Last
;
or
Friday's
Low
Agricultural Mortgage Bank (Col)—
A 20-year
7s_.„.—
April 1946
A 20-year 7s—...
.Jan 1947
Bogota (see Mortgage Bank of)
ACauca Valley 7s_._—
..1948
Danish
High
$55
J-J
:
No.,
$55',.'./.*
' J-D
Range Since
January 1
Sold
■
■
Low
High
:
A-O
5% s_...*-.*i«_.....*.*....l955
Bonds
Sale Price Bid & Asked
109 7*
106%
.1966
8
82
93%
68%
123
.1970
100
81%
$93 7B
54%
121
122
100
*
5s stpd
■
85%
106%
$121
11874
35
112
M-S
109
110
10
33%
167a
1077b
1027b
110
115% 115%
HO3/*
357a
108%
46
109
35%
,
104%
105%
$109
J-D
24
.108% 10974
35
17
31%
.1960
47b
115
38
.18%
31%
F-A
5s—
33
tl0978 1107a
A-O
5s_*—*.**.*. .2039
Traction
20%
$109
J-D
Western Newspaper Union—
•>
J-D
Penn
19%
J-D
1964
^
6s stamped extended to 1959
112
115
107% 108%
Ry 81 Elec 4s—**—....***, 1951
West Penn Electric
West
103
80%
42
$18 7a
46
5474
18%
1474
23%.
M-N
60
60
443/4
64%
1953
F-A
60
60
42
60
Danzig Port Si Waterways—
A External 6%s stamped
1952
A Lima City (Peru) 6 % s stamped.1958
J-J
M-S
$15
25
10
Extended
5s___„____
,
867a
99
102
1
1007a
M-N
109% 109%
4
108
108% 109%
18
1955
—1957
Mississippi P & L 5s—*-———*
Mississippi River Pow 1st 5s.——1951
& Suffolk Ltg 5s——1945
«ANational Public Service 5s ctfs—1978
4Vis————1981
A————..—2022
Nevada-California Elec 5s.——1958
New Amsterdam Gas 5s.—1948
New Eng Gas & El Assn 5s—.—1947
5s ',
*—-—*——1948
series
deb 5s.*—*—.
—*■—1950
England Power 3Vis—
1961
England Power Assn 5s
1948
Debenture 5Vis
*—1954
New Orleans Public Service—
Alncome 6s series A
...—Nov 1949
M-N
102
99
102%
10874
112
102%
49
62%
60%
11
20
J-D
106% 108
105% 1057b
1075/b 107%
J-J
106% 106 Vi
7
10374 1077a
M-N
110
110%
6
110
59%
A-O
M-S
J-D
v
11
105% 109
103 y8 106%
13
106%
109
AMaranho
7s__!
_*..___**_____i958
AMedellin 7s stamped.......
^.1951
Mortgage Bank of Bogota 7s
;
1947
Alssue of May 1927.-..*
A Issue of Oct 1927..
;..*.7_
:_*
A Mortgage Bank of Chile 6s—
1931
Mortgage Bank of Denmark 5s^
1972
100% 100%
F-A
J-D
$23
107%
$117
; M-s
A-0
102"%
J-J
M-S
68%
J-D
687b
M-N
687b
98
.
>25
107% 107%
127a
49
102 5/e ■1027b-
25
ARio
.
112
497a
A5%s
71
35
50%
72
687b
37
50
71
67
$10878
109
A-0
94%
937b
94%-
81
J-D
96%
96%
97%
31
1047a 1047a
11%
20%
M-N
$26
28
20
35
$21
•
..
J-D
;
24".
1674
24%
$37%
M-N
.
A-0
32
$377a
37%
32
38 ;
J-D
$18 7a
22
18
20%
J-D
$48
547a
45
55
$30%
31%
22%
35%
.*
:
•
Government
6 7as....**. 1919
..1921
M-S
**' /
——*
$23%
J-J
J-D
J-J
-
45/8.
•-
4%
4%
17
24
' 43/4
5
15
45
;
2%
23/4
30
:
9%
97a
9774 102%
67
M-N
$17%. 19%
117%
68%
66 3/4
(State)
7s-_._™__.-._._1958
de Janeiro 6728
:
1959
ARussian
26
1103/4
$112 % 113%
67% 69
New
J-D
102
107,
114
119
15
.
113
A Parana
F-A
.;
110%
10074
$102% 103;
J-J
New
83
1113/4
1087a
MS
—
647a
277a
•
92%
F-A
1st lien & gen 47aS
1944
Debenture 6s series A.**.—*.—2022
1077a
92%
—1947
Co conv 4Vis——*.
.**1971
Metropolitan Edison 4s EL-—.
—1965
4s series G—
—1945
Middle States Petrol 6Vis———
1943
AMidland Valley RR 5s—-*
1967
Milwaukee Gas Light 4Vis—*—.
1978
Minnesota P & L 4Vis—
Conv
.
1167a
;
104%,
J-J
Mengel
6s
837a
13
Utah Power & Light Co—
997a
102
$98%
Nebraska Power
837a
65%
10174 102%
$108
108%
102%
45
FA
Nassau
83%
65%
II
108
F-A
Rys (Delaware)
23
-.1948
ret 5s_—
83%
65%
137a
A-O
6%s.l952
,
1st Si
65
-'5'
3 05 Va
,
United Light &.Railways (Maine)—6s: series A.***————
1952
; 4
1952
Gas (stamped) —— .1942
.1965,
Jersey Cent Pow & Lt 3 Vis—*—
.1966
Kansas Electric Power 3 Vis——*
*2022
Kansas Gas & Electric 6s-——
.3069
Kansas Power & Light 3%s.—*-T
833%
207a
93
United Lt Si
ill %
V>,1.; >;•' ■' 93
1957
a Jacksonville
1027a
1952
Week, Ended Sept. 3
,
F-A
63
.
91
2.
1952
—
4
55
I
.
J-J
..1979
,
6s—
77
'647a
827a'
2074
M-N
..1956
5s
107%
$102
87%
M-N
1957
1952
827a
8
106% 1067a
107% 108
$114
1177a
1067$
United Light & Power Co—
1st lien & cons 5%s*.*.————1959
1047B
78.
44
1955
A7s
...
J-J
91%
987a
-
>101% 102%
M-N
F-A
Sec—
Power
106% 107
106%
A-0
Power
Light 5s
107% 107%
A-O
J-D
—1963
A6Vis series C,——'
•
A6Vis (Dec 1 1941 coup)—
1087B 111
>■
63%
106
82%
$24
A-0
5s—L.*.—1960
Service
Edison
Toledo
106
1003A
15
■'
J-J
82%
81%
;
A-O
Twin City Rapid Transit 5%s
897a
91
-'V: l>,
98%
62
Waldorf-Astoria Hotel—
AIndianapolis Gas 5s A———1952
Indianapolis P Si L 3Vis———1970
{International
57
,
.99
98%
98%
827a
827s
United
>T:
$109% 110 '
J-D
A-O
1949
'
F-A
A—*.«*.—...*—*—2022
Water
Tide
10074
907a
series
6s
10274
.6
■
•
104% 104%
/=■:
Jan 1949
Jan
32
'
82%
A-O
,.1946
stamped.^
Electric
Texas Power &
105
■-
937a
.
100
■■:..L.,
97
':0-'
-
80
.
F-A
Houston Lt & Pwr 3Vis— .*——1966
Hygrade Food 6s set A—.
99%
98%
80
100
J-J
V.">
983/4
91%
v^.
102
102
96%
4
106 ya
'j:
103%
$102
J-D
M-S
98%
6s..
6s
Texas
72
106% 108%
5
81%. 8274
81% 82%
107%
56
.
F-A
——Dec 1 1966
——-
Standard Power. &
106%
"7
104% 105
A-O
V
103
105% 106
J-D
J-J
-
4
1057a 1057a
73% 74%
(stamped)
—May 1948
6s stamped—
May 1948
Debenture
6s—*—.*.—.**—*1951
8774 1017a
1237a 124
104
1067a
-52%
Electric—
Gas &
Conv
k -19k:
83
100% 101%
$123% 124%
88%
F-A
-
.
25
F-A
*
Southwestern
F-A
,
J-J
■
1951
Rys 4s
121
T:'i-
123%
.5
104% 105%
107%
F-A
100
123
$102
•'
■'
fo
1077a 10874
105%
Southwestern Gas Si Elec 3%s*..**1970
1013/4 1047a
$31
97 #
857a
100% 10574
100% 104%
(Calif)—
1st mtge 3s.L...*.——.*.—.1971'
i0
.103% 104%
A-0
104% 105
:
105% 1057a
M-S
1979
-H1
927a
.128
17
109
86
109%
M-N
92
$1047,104%
J-J
/<
f,: >
'108% 114
.1'.
104% 104%'
J-J
1
■I'7;
91
A-O
;
1947
..1957
3S....1965
91%
104 %
128
'•!
79
3
$60
„1951
Shawinigan Water & Pwr 4Vas....l967
101
128
J-D
837a
20
•
16
1117s 1117b
M-S
Real
■'/**'^,;
$109
1979
1951
847a
99% 100
120% K
103%
\
.
Scullin Steel inc mtge 3s*—
$117
J-D
156;;
93
1047a
112%
106%
'13872
A-O
'I 22
$111.
10374
16
1537a 154%
89
213
,13
,1047a 1Q5%
154
103
'
',92;
110
105%
:
1017b
112
.112%
77';
M-N
184
Af-N
J-D
Packing
Cudahy
108
1067a
J-D
Sinking fund deb 4s_.__—....*.1949
New Jersey—
6% perpetual - certificates..*^——*^/
;
:' 19
99
93
108% 109
:
98%
97%
99
$91%
108%
ASchulte
4
1
Ill
J-D '
597a
97 Vi
97%
MS
M -N
M-S
mtge 3%s_*-_*-......i.-*—.1964
Debenture
Cuban Tobacco
,115%
.
977a
1107b
1117a 1117a
1037a
'
1017b 1017B
$11174 1127a
—
457a
97
95%
E
1007a
'
99%
o96y4
■
A-O
.—1958
1
10974
1107a
105
J-J
Public Service of
46
100
40
:
"
107%,
99%
M-S
J-J
Gen mtge .4Vis—*..*.**.
—*1954
Consolidated Textile 5s stamped—1953
Continental Gas & El 5s
38%
107 y«
115% 1157a
A-O
1077s
13 ;,
5s
F
series
■'"i.'X**-: -V
55%
102
102
J-D
ref mtge 3s ser PJ
.——1969
1st ref mtge 27«g ser Q———1976
■
108%
Safe Harbor Water 4788™.—*
993/4
:
'
100%
55%
•
•
1st
.
105
;
M-S
.
Consolidated Gasj (Bait City)—
107
$108% 1097b.
F-A
1956
105
30%
102%
$10774 109
J^-D
1962
101%
2
14
J-J
1950
7
357a
106
M-N
1st
107%
109
:
.
(Bait)—
Consol Gas El Lt & Pr
3 Vis series
V
36%
A-O
series'
6s
35%
106
Queens Borough Gas & Electric—
5%s series A.**.*.:
...-.—1952
85%
105%
35%36%:
:
J-J
1953
B-—.*_**————1955;
Cities 8ervice 5s__r.*~Jan 1966 ,
Cony deb 5s———————1950
•\1; Debenture' 5s__1958 ■.
Debenture 5s——*——
—1969
Cities Service P & L 5ViS———-1952
5 ViS':'
—1949
Connecticut Lt & Pr 7s A*-_-—.1951
■
104% 105
106
M-N
-
1067a 109
100% 102%
.
,.***...1961
1043/4
10574
-
r,-
105% 106%
105%
J-J
f
§ A Chicago Rys. 5s ctfs——-i——1927
Cincinnati St Ry 5 V28 A—^-——1952
v
1117a
$10774108
Power Corp (Can) 4%s B__*.*...1959
Public Service Co of Colorado—
4%s
104% 104% \
J-D
Edison
Potomac
^
Central States
107
10774
$1017a 102
M-N
-.*..————._._._1970..
Power 5 % s*-_-1972
stamped extended
5s
102% 105%
!033/B 1063/4.
103% 103%
103%
M-N
F-A
Central Power & Light 3 % s
.
$104% 106%,
MS
Central 111
; 12
;
■$150
A-0
J-D
116%
$121% 122
Q-F
1998
Bickford's Inc 6 Vis—:—*.___1962
Birmingham Electric 4Vis *...*.—1968
Boston Edison 23/4S_^_..———1970
6s .—»,_.**..;
.
1057a
107% 107%
•
17
Portland Gas & Coke Co—
116
J-D
Jl-N
series C ——.**—**—1860
5s
109 74
1077a
F-A
Pennsylvania Water & Power 3y4S.1964
Philadelphia Rapid Transit 6s
Bell Telephone of Canada—
1st M 5s series B™*-—-1957
Bethlehem Steel
109
J-J
1979
105% 106
1077a 110
$106
101%
$101%
..
857a
85%
F-A
Park Lexington 1st mtge 3s_..*-..1964
Penn Central Lt & Pwr 4%s..*...*1977
21%
,547a
109
25%
Oklahoma Power Si Water 5s
11578
1087a
115%
A-O
B.__.Aug 1955
5
High
112
105
$105% 107%
F-A
Philadelphia Elec
warrants—:—
without
Public Service
Ohio
Low
111
85
A-O
76
20%
87
,
A-0
21%
21%
20%
Avery & Sons
5s
74%
January *
No,
$1067a.l0774
$115% 125
M-N
.....1968
Range Since
Sold
High
$110% 111
J-J
3sJ...„...—.....——.1971
mtge
21
J21
J-J
1964
Gas Light 4 Vi s—.
City Eieo 37iS*
(B. P.)— '
,
Atlantic
1st
20%
21%
AConv deb 5s_—.—_______ .1950
—
J-J
.
*.1945
20%
MS
J-J
:
1954
1st mtge 3,748
Power
J-J
Utility 57a s_*—1948
.*
109
'
4 VaS_————— .1948
.1949
4 Vis---.-——
deb
AConv
Ohio
M-N
*2004
Ggden Gas 1st 5s_„
.
143
126
SAssociated Gas & Elec Co—
AConv
—1964
5s
North Continental
106%
i
5
97
$124
J-J
Debenture
110%
96
107% 107%
.107%
State Elec & Gas 33/4S_.
N Y & Westchester Ltg 4s—
Bonds
Sale Price Bid & Asked
Low
108%
.
107%
101
108% 108%
J-J
5s——*.. .1950
Elec A%s.L.**.-.i-** .1953
6
.. ..
J-D
Pr & Lt
Associated
97
105
.:
105% W/a
105%
J-J
Writing
Appalachian Elec Pow 3 V^s—i.— .1970
.2024
Appalachian pow deb 6s-_—
Arkansas
,109 .109%
j. j
6s*.—...*... .2016
Paper* 6s
*i—,* *1961
deb
Week's Range
or Friday's
Last
Period
High
103% 104%
1107% 108%
J-J
s.l debs„_„_:...—.*..... .1960
.1970
f deDS..—*_»*..,.-*.
& Lt
-104% 104%
104y2
Interest
Week Ended Sept.
N Y
s
Amer Pow
Atlanta
Low
No.
Hlgfi
Friday
York
New
Range Sinck
January 1
Sold
Gas & Electric Co.—
American
BONDS
Curb Exchange
3
'
Bonds
Friday's
Sale Price Bid & Asked
1147a
1077a 109
767a
947a
82%
1027b
9774
106
•No par value,
a Deferred dellverv sale,
d Ex-interest, e Odd-lot sale,
n Under-the-rule sale,
sale,
x Ex-dividend,
y $8 liquidating dividend paid,
$Frlday's bid and asked prices;; no sales being transacted during current week.
A Bonds being traded flat.
{Reported in receivership.
rCash
«
consolidated; "cum," cumulavoting trust certificates!
TllE COMMERCIAL & FINANCIAL CHRONICLE
Monday, September 6, 1943
Stock
Baltimore Stock Exchange
28
Aug.
Sept.
to
both inclusive,
3
Arundel
1
Co
Transit
4%
9
287
66%
57%
1st pfd
Georgia Sou & Fla
60
41
27
27
3
——----^100
2
26
26%
67
67
Fidelity & Guar
Western National Bank
a
'i'/
;
Coast
Atlantic
Allis
Jun
Aluminum
Certificates
common
Chalmers
135
20
&
Co
36%
21
33%
100
common—
Barlow
Belden
Bendix
29%
Jan
31
Jan
34
99
99
$200
Jan
101
Aug
51%
52
13,000
49
Mar
56
Jun
58
51%
——1975
.———1975
59%
4,600
55
Mar
64%
Jun
83
83
5s—1945
Georgia Sou & Fla
2,000
90%
&
Corp
85%
Jan
80
Fence &
Common
—
—
(E
Bunte Bros
Jun
ButJer
Wire—
Boston Stock
3
inclusive,
both
'.l
to
28
Aug.
\ \V.
Sept.
i
Week's
American
Sugar
Tel
&
common
''
100
'
lists
,-I/vV7: ■;/.
40
177/a
1,524
127%
Jan
263/4
267
High
Jan
1553/4 157%
7 7
—
Low
257/8
32%
Jun
1583/s July
243/4 Jan
31%
Apr
'
•
wlv;
Boston
Edison
100
Ry
102
24
Jan
254
62 %
Jan
34% July
693/8 Aug
140
14
Jan
19 %
249
31%
3V/a
3,226
68%
69 3/a
18%
•
«
Traveler Corp
Boston Herald
13
Jan
200
99
18
25
Boston Elevated
Jan
81%
12%
97
31%
•
12%
99
:
—100
Albany RR
&
9
July
July
Jun
Maine RR—
245
8%
Jan
—100
3
3
35
1%
Jan
4
Apr
—100
3%
3%
30
2
Jan.
8
Jun
4%
4%
43/4
170
1"%
Jan
33/4
33/4
33/4
65
2
Jan
43/4
4%
43/4
10
l7/a,; Jan
8%
Jun
43/4
43/4
4%
40
2 3/a
Jan
8%
Jun
4%
5%
150
2%
Jan
8%
Apr
100
prior preferred
6%
preferred stamped
class A 1st pfd—
100
Stamped
—100
1st pfd
class B
Stamped
100
—
—
^
100
stamped—
D 1st pfd stamped, ,—100
class C 1st pfd
class
& Providence RR
—_
—100
1
30
30
7%
—5
Calumet & Hecla
Service
10
—
.
'
5%
23
20
30
7%
32%
8% May
7
Feb
35
Fuel Associates—
Gas &
6%
Jan
9%
Apr
3%
Jan
17%
Jun
43/8
Jan
i
Mass Street Ry
common.—100
^
;
—100
1st preferred series A——
7% May
"*■*
__100
%
Jan
42
98
55%
290
25
117
Jan
915
6
9%
300
33%
333/4
180
27% Jan
Jan
20
July
11% July
•
•77—:/
July
55% Aug
8% May
20
Apr
9% July
Jan
'
9%
19%
V 19%
59
preferred
Illinois
Pub
Serv
First
National Stores
;
III II
Jan
30%
Jan
73/4
83
43A
Jan
6
'■ —'
7; V
150
Narragansett Racing Assn Inc—.—1
5
Nash-Kelvinator
340
150
»/8
4%
12%-.
.
—
2.50
Pennsylvania
RR
Co..;
Quincy Mining
•
3%
11%
12%
167
6%
15%
Fruit
United Shoe Machinery Corp,—
23
preferred
U S
Utah
cum
—1
Metal & Tunnel
—•
Inc
Westinghouse Electric & Mfg—IIIBo
Waldorf
System
1,410
24c
Jan
6
15c
Jan
Util
pfd
—
23%
Jan
32%
66c
Jan
30
9%
9
238
5"% Jan
73%
12%
71%
73%
200
70
747
29
Jan
Apr
l3/4 Mar
14
July
10% May
%
Jan
36
7%
Jan
14% July
76% July
60%
Apr
July
713/4
854
63%
Jan
73
Aug
160
42%
Jan
47
42%
15
25%
Jan
46
July
25c
30c
23c
Jan
48c
10%
__
90%
__
10%
92%
750
10
356
7% Jan
80%
Jan
Apr
11% May
99% July
mtge 4%%
__
47
49
$1,500
40%
57% July
-
6% May
93/4 Jan
14% July
16
Jan
223/4 July
100
133/a
Jan
100
700
8%
;
-
17
Sep
9% Apr
39% Mar
53/4 Jan
225
8%
35
33% Aug
4% Aug
8% Aug
8%
600
4%
47a
400
17%
100 '
13%
Jan
193/3 July
343/b
385
26%
Jan
383/4 July
3%
3%
200
1%
Jan
4
July
,15%
.15%
100
12%
Jan
16
3/4 Mar
Feb
7 22
5%
Jan
4
preferred
15%
21
21
9
50
11%
93/e
855
27%
27%
50
20%
81
84
V
84
60
69%
9%
200
%
%
5% Jan
V1' 50
%
3,700
-
%
%
53
55
111
111
55
~7
Jan
7
180
Aug
10% July
Mar
A Jan
-fr Jan
26
July
92
Jan
6
Aug
10% July
29
Jan
1 % May
Jan
July
61
.<
•/;
40
92%
Jan
111
July
f-.-1
.7
173/4
80
3%
Apr
9
% May
75
17%
Jan
19
173/4
5
Consolidated
Mar
14
,200
j 9%
Jan
4%
5
7,600
2
Jan
Aug
6
July
45
45%
750
38% Jan
473/4 Aug
78%
"—5
79
150
65% Jan
82
10
111% 111%
104
Jan
Jun
111% Aug
-6
77%
79%
Jan
85
July
14%
13%
14%
1,200
33/4 Jan
18
May
25
26%
26%
26%,
4,150
21% Jan
27
1
43/4
4%
43/4
50
common
78%
.10
—
Edison
14
j
■/.,
common,
Biscuit
13%
——_
common
Commonwealth
20%
19%
20%
common—
369
:
67%
250
2%
230
103/4
July
5% May
Jan /
Consumers Co—
V
t
pfd part shrs
pt sh v t c B
c
,
Common
Crane Co common
Cudahy
7%
Packing
Co
3%
50
1%
320
16%
Jan
18%
19
164
19%
17%
93%
2%
21
110
18%
93
21
30
*
38%
14%
100 3/4 Aug
17
Feb
23% July
38%
90
14%
14%
50
12%
12%
25
11%
113/6
100
10
6%
1,250
7%
250
293/4
500
common——,
6
§Domestic Industries Inc class A—1
Electric Household Util Corp
&
Connell
(Peter)
Fuller Mfg
Gardner
Brewing
12
General American Transp common
Finance
General Foods
preferred——-10
common,,
Motors
General
Outdoor
42% July
9
Jan
163/4 May
Jan
16
Jan
133/4
1%
July
Apr
6% May
Jan
8% July
3% Jan
Jan
30%
9
Jan
13
15
Mar
23
For
footnotes
see
page
979.
104
2,000
103% Aug
105
May
Jun
Corp
12
,
450
Sep
6%. Jun
14
Jan
16% Mar
10
37%
Jan
51%
Jun
10%
Jan
13
Aug
9
"'250
6%
Jan
*9
Aug
5%
7%
44
34% Jan
665
51%
5%
195
403/4
51%
—
July
42%
3% Jan
50
42%
40
»y „
10
common
500
16%
•
83/4
8%
400'
.12
16
42%
,
,50
,
5%
v4%
5
General
42 3/4
16
5
General Candy class A—
12
41
12
*
5
1
common,,
common,,—*
Co
28%
26% J^tn
10
:
Co common
Denver
•.7.
2934
15
Dredge & Dock Co common—
Fox
7.-7,
5
Elgin National Watch Co
Jun
Jan
*
Dodge Mfg Corp
20%
Jan
83
2
common—,
Jan
10%
50
Dixie Cup
common
233/4 July
22% July
.150
V
Diamond T Motor Car common—
Co
20% Sep
3% Aug
Jan
19%
25
Cunningham Drug Stores
&
Jan
3%
18%
100
common
cumulative preferred
Deere
,
*
,20
Corp of America com
44% Jan
July
56% July
*
Advertising
Gossard Co
Dk
&
Hall Printing Co
Hein
(Harvey)
Inc
4%
Jan
9% May
39%
196
25
Jan
13%
150
10
Jan
41% July
133/4 July
183/4
18%
100
17%
Jan
21
Apr
16%
16%
77/75
12%
Jan
18
July
9%
300
4%
Jan
7%
,
9/4
__
/
83/4
83/4
50
14%
14%
225
—5
17%
17%
50
1
3
7B—
common-
Vl %
1%
Co
3
3%
250
.100
12
12 3/a
—
Illinois Central RR common,.,
.,,
*
448
7
100
7
Jun
93/4 Aug
Jan
9
10
Jan
17
15%
Jan
200
capital————. .,10
Hupp Motor Car common—
Brick
1
Parts
class
310
10
capital
Motor
Werner
Houdaille-Hershey
6
7%
38
39%
*
*
com—
common
Heileman Brewing
Feb
•
(H W) common
Lakes Dr
3%
>
Goodyear Tire & Rubber common—_•
Great
25
13%
com,,—*
Gillette Safety Razor common,
•Jl Jan
1%
Jan
7 3%
May
July
20% May
2% May
7
43/a July
Jan
163/4 May
19
Jan
233/4 May
203/4
203/4
Indiana Power & Light common,,.
17%
17%
905
11%
Jan
19
International
67%
69%
235
57
Jan
74% Jun
Indep Pneumatic Tool v t c———-
Harvester common-
(W B)
Drug
Co
Co
capital,'—.
—I
3%
30
1 % Mar
123/4
200
9% Jan
4%
100
7/4
200
-100% 100%
10
4%
—1
common—
Switchboard
Kellogg
„
2%
.123/4
3%
Interstate Power $7 preferred——Jarvis
7 %
[lOO
La Salle Extension University com. .—5
1%
1%
1%
33/4
33/4
50
6%
7%
2,100
Printing $3.50 preferred- —*
14%
143/4
130
Common
l3/0
——
Mapes Consolidated Mfg capital—*
Marshall
Field
Corp common
McCord Rad
common
& Mfg
class A
*
31
Corp
Midland United
capital
conv
Common
pfd—
5
May
Jan
5%
Jan
8 3/8
Jun
Feb
101%
Jun
*
%
l3/4 July
2% Mar
3%
Jun
5
Jan
8%
Jun
9%
Jan
%
50
160
Feb
Jan
28
Mar
18% July
2
July
34
May
16% July
15%
16%
360
10
Jan
373/8
10
32%
Jan
42% July
22%
23
40
13
Jan
27% May
9
12%
14
15
3% Feb
4% Jan
3,600
43/8
8%
,
100
4,350
4%
8%
8%
Jan
4% July
9% Aug
15
•V- Mar
Sep
% May
A
300
10%
10%
300
1%
Feb
10%
10
11
500
2
Jan
11
%
—
Utilities—
prior
lien
100
prior lien
100
preferred A,
100
7%
preferred A
$1
.—100
stock
v
prior preferred
t c—
Apr
July
37%
15%
—*
*
5
1%
31
31
V
Mickelberry's Food Products common.l
West
33/a
16
.3%
96
150
0
Llbby McNeill & Libby common—
Middle
•
—7
Leath & Co common,,———
Lincoln
7
July
'
7%
common
Kentucky Utilities 6% preferred-
Common
104
Apr
'
10
%
%
200
% Feb
%
%
-
"%
%
300
%
%
23/4
1,100
IP/8
600
Jan
Miller & Hart—
Eastern Massachusetts Street Ry4%s series A
Jun
33%
pfd
6%
Jan
7
'
,
series A„. ,1970
33/8 Jan
23/s
17%
4%
■
7%
Income
8%
"
Jan
300
\
17
8
v
»
,
Cities Service Co.
6%
Maine RR—
14%
22
34%
-50o
corn-
common-
—
Chrysler Corp
Midland
Bonds—
Boston &
14
,
1,280
9%
preferred
Convertible
July
42%
25c
73
433/4
l3/4 Mar
38% July
Mar
%
1
Masonite
433/4
72%
32
100
'
common-
Chicago Flexible Shaft
Chicago Towel
Katz
28 3/a May
416
34
21% July
Jan
100
/
41/4
32
16%
,
pfd—
common
Apr
1% July
Jan
1
12
85c
19
13
34
10
Rubber
2% Mar
83/^
8%
Aug
108% May
30c
393
18
Jan
A Jan
50c
1
25
6%
12% Mar
27
18% July
6% Aug
Sep
%
;''
12%
"
—
Co_,
Jun
86
26%
26%
5
•
Aug
1%
'V:!4
17
*
Cherry Burrell Corp
Illinois
14%
15% Aug
170
44
Apr
July
Jan
9%
7 3
'
Hubbell
Jan
100
25
6%
50
Jun
Jan
465
243/4
—
.
18
6
Aug
6 3/a
30c
«
(The),,
Co
Feb
40c
45c
13
Drug Inc.-
United
—25
Webster Inc
Torrington
United
———
III50
Assn.
Shawmut
Stone &
—
353/4 Apr
3
440
11
;
Mills
Jan
28%
6%
103% IO43/4
9% May
6
Jan
18
•
July
9% July
Jan
18
—100
Old Colony RR——
Pacific
V—
104%
40
Jan
2%
50
Jun
32.78 July
2% Feb
35%
77
39 3/a
;
5
V
7'
England Gas & Elec Assn—
5 % % preferred
——
_IIoo
New England Tel & Tel
New York, New Haven & Hart RR-100
Apr
7% May
Jan
-26
6
34%
Jan
514
48
48
New
North Butte Mining
2%
isy8
; ' •.
6
,1
313/a
4
4
4
•
__
48
———
—
38
9
30%
——
—
6
9
6
.
(Del) common- mis
common
26.08
1,152
7%
7%
—
Maine Central RR common—,—,, ,_100
Nehi Corp
31%
50
373/8
"
Co
Mergenthaler Linotype
110
36 7
31.25
■''
*
•
Copper
Corp
'149
31.25 31.29
———
•
Kennecott
7%
38%
6%
38
Hathaway Bakeries class A
International Button Hole Machine_,10
Lamson
'-A-
mil
General Electric———-—
Gillette Safety Razor
V
—
Capital Corp,,——
General
4%
30
$6
conv
West
July
450
38%
1%
128% Jan
250
4,750
/
38%
July
111% July
158% July
•
—1
General
■
Employers Group Association
Engineers Public Service
6%
10
1 %
„_io
—
conv
Illinois Secur
FitzSimons
-/;■
2 3/4 May
Jan
2% Jan
255
5
48%
♦
Eastern SS Lines Inc common-
47
115% 115%
55%
—
Iv ' 7*.'.
11
54%
8
7
.7
'
—100
preferred B
5% preferred adjustment
6%
54%
—
'
6%
2
2
_»
II100
May
5
:
prior preferred
May
129
/>
5%
:
Common
Apr
273
143/^
13
'
5%
_*
Copper Range Co
22%
22
22
■
1%
18% July
27
423/4
*
cumul
Container
7 %
5%
-
10
Brothers
5%
Convertible
Range Since Jannary 1
High
27%
27%
156%
& Son Inc,-----—-----'---.
Boston
Eastern
866
7/9%
—5
.
common—
Chicago Corp
Shares
of Prices
Low
—50
——
sales
for Week
100
Refining
Tel
Anaconda Copper
4%%
Jan
1
_
L)
Central States Power .& Light
Chain Belt Co common
Sales
Range
Sale Price
American
official
compiled from
Last
Par
Eastern
90%
Prior lien preferred,—:
Exchange
Friday
"f '
STOCKS—
Cities
10
1553/4 157%
__*
Preferred
10%
Jan
Jan
"•
—
Co
Central & South
Boston
25 %
:•
3
Common
1%
185
Seeling Mfg class A com—5
Central
8%
37%
common——„3
Central
5%
May
Aviation
Brown
Bruce
v
&
Jan
23 %
1%
Corp common—,
5
Berghoff Brewing Corp
1
Binks Manufacturing Co capital:
1
Bliss & Laughlin Inc common
5
Borg Warner Corp common,:
,5
,
4s
5s series A—
Boston
2%
12%
156%
Blessing Co common—
•__»
Manufacturing Co common—_10
Belmont Radio
May
50
100
Xl04% 104%
Apr
67% Aug
39% July
62% Mar
29% Aug
6% Apr
100
5
Aviation Corp (Delaware)——.
4
6
Jan
Jan
51%
153/4
Investment Co common—*
Washer
550
36%
Manufacturing Co common—1
Automatic
152
29%
25
*
Co
High
Low
59%
4
Equipment Co common——_1
28 % July
-
Tel
&
Range Since January 1
15%
capital,—100
Aro
May
4% July
51% Jan
33%
Co_
Shares
25
•
preferred—25
Tel
Asbestos
84
Jan
134
Mfg
lists
for Week
29
5
.•
sales
High
■58 3/8
preferred—100
Armour
27
Jan
1.80
A
Public Service
July
42% July
Jan
36%
Line Connof indebt 5%————-
Baltimore Transit Co
Bird
Range
of Prices
*
Castings
38% May
Jan
77
;
common
official
Sales
Low
common——*
Co
American
145
■
Jan
22%
Gas
from
Week's
—
Bonds—
Exchange
compiled
Sale Price
Laboratories
Bastian
com———*
60
—~——20
Power
&
Water
Penna
&
Allied Products class
9% Feb
Mar
20
4
26%
inclusive,
Par
American
35% Jan
2
——
120
Jan
125
100
I.'
81
Casualty
Advance
Oil
Associates
3
Amsterdam
Jan
6%
5
81
Preferred
12%
67% Aug
114% Jan
11
Vernon-Woodbury Mills com—100
New
U
138
,
(
700
30
41
30
6% pfd vtc—-25
Houston Oil of Texas
Mt
8
7%
138
138
—,10
,—100
5
117
117
117
Sugars Assoc com v t c
1
& Deposit Co
—20
Eastern
Fidelity & Guar Fire Corp
Adams
Laboratories
Allied
•
Fidelity
Jun
Jan
8
25
6678
_100
C___
preferred
Mar
Aug
8%
♦
v-'
2.95
19
Jan
1.00 Mar
50
1.60
Light & Power com,'
Gas Elec
Consol.
High
,
Abbott
16
285
1.60
8%
—100
STOCKS—
Range Since January 1
V. Low
High
1.60
vtc—•
common
preferred v t c
both
3
Last
17% '17%
——*
Sept.
Friday
Shares
of Prices
Low
Par
■
Corporation
Baltimore
1st
r\
■
to
for Week
Range
Last
Sale Price
STOCKS
28
Sales
Week's
Friday
.
Aug.
compiled from official sales lists
•
10
2%
11
2%
11
1
Jan
8 3/4
Jan
3%
12
Volume
THE COMMERCIAL
Number 4209"
158
& FINANCIAL CHRONICLE
975
OTHER STOCK EXCHANGES
Week's
Friday
Last
of Prices
Last
Low
433
48%
47%
48%
common.—*
Co
&
7-
33%
Nabco
1 %
1%
100
1 % Mar
1% Mar
12%
95
9%
150
9%. Jan
4% Jan
14% May
9%
9%
Noblitt-Sparks Industries Inc
American Car
Nortn
Northwest
7%
Class
B
;
*—5
;
Electric Switch class A
Pcnn Gas
& Electric
Pennsylvania
RR
<fe
class
Co
8%
Jan
19
200
14%
Apr
,
A*——* ;
common
1
,
14%
15
300
10%
18%
Jan
9
Jan
56,
Jan
99
79
20
70
Feb
86%
Motors
Standard
2%
Feb
50
14%
Jan
17% Mar
%
;. %
20
Jan
1 y2 May
f
'
26%
■'*_.
27
458
',.57%
250
23%
.
33
Jan
28
to
Sept.
225
4%
Jan
61% July
12% Jun
11%
9%
11
si
;;■**.'
'
125
6%
Jan
13%
i'A"-.
85.
-
150
92
Mar
Feb
147%
50
Jun
Jan
70
80
'■
150
155
Mar
Preferred
Sinclair Oil
South
Corp—*.*—-—_.
Jan
23
85%
1,066
3%
3%
100
15
15%
50
9%
32%
.30
32%
20
29%
19
59%
23
85% July
Dredging
Jan
Jan
17%
Jun
Jan
34% May
Standard
Oil
Stein & Co
Indiana
of
capital
(A) common.*
.
11%
942
10
Jun
22%
'350.
20
July
27 %
6 %
6%.."•: 6%
450
3
Jan
7y8
2%
2%
450
1%
Jan
3
2%
34%
Apr
Jun
li
•-
:
:
July
Jan
38% July
9
Jan
<fc
.11%
5
20
Swift
Texas
Corp
S
Gypsum
United
U
S
7
Jan
14%
1%
16%
650
14%
Jan
18% Mar
26 %
500
22%
Jan
27% July
31%
31%,
289
49%
50
274
*
80%
81%
397
69%
70 Vb
62
27%
28%
200
16%
51%
52%
862
47%
Jan
capital—
31%
common
common
cumulative
35%
Jan
.*_*_•
———
119% 120
-
29
,
Jan
;
Jan
42
79%
59%
208
112 Vb
650
2
Jan
*
26%
26%
275
*1
24%
32% July
4,
Jan
3%
Jun
73% July
Jan
3%
Apr
53% July
86%
Jan
*1
*100
preferred**—.:
Jun
16
*—;—20
Transp'capital
5
Co
Lines
Air
Steel
i,
75
25
capital
Union Carbide & Carbon
U
v.".
11%
25%
Co
capital
———25
International capital*;
15
15% Aug
6%
Walgreen Co
common
Wayne Pump
Western
common*
—
Co capital
Union Tel
:
v
Clark Controller
Cleveland
Cliffs
Bankshares
Iron,
preterred
Industries
Zenith
Radio
Unlisted
Corp
Radiator
American
—
'
B.
Goodyear
Tire
&
Great
&
lists
Shares
.*—*«•
Hanna
(M A)
Jones
&
$5
&
preferred-
cum
Metro
Paving Brick 7%
Acme
Jan
16% July
33
Mar
40% July
40
Apr
10
41%
125
38%
38%
161
50
5%
/''*,*.
*100
Van
3
A**_
Inc
a30
Works
Iron
14%
36% May
Jan
18% Mar
Jan
267/a
Jan
40
25
3%
a5
Jan
7% May
65
Jan
91% Aug
250
1
Apr
2'/a May
23%
Feb
34% July
900
,60
660
31%
a30
100
14
14%
328
9%
Jan
20
Mar
9
9%
150
7
Jan
9
July
Weinberger Drug Stores
UnlistedFirestone
Tire ■&
Rubber
common*. .10
a39%
40
43
a36 Va
37%
88
Industrial Rayon
a39% a39%
Interlake
Iron
50
80%
Jan
98% July
New
11%
100
5%
Jan
11% Aug
10
85%
Jan
96
Aug
2%
700
1%
Feb
200
5%
Jan
8%
65
Central RR
al6%
_*
common
16%
50
al7%
al7
*
common
Steel—****
20
a7%
14% Mar
145
52%
135
a52%
Apr
5%
50
3%
Jan
68 y8
97
58 Vb
Jan
,70 Vb Mar
6V4
250
4%
Jan
7 % May
33%.
245
,
.19%,^.
37% July;.
9%
272
6%
Jan
11%
Jun
26%
1,160
24%
Jan
31%
Apr
58%
60
100
45 Va
Jan
65
July
58%
58%
241
56
Jan
69
Apr
9
V
Members
Martin
New
Co common.
Corp__*—____
.—5
Pictures
Paramount
(The)
12%
16% Aug
9%
24
Jan
15
May
6%
26
615
15%
Jan
30
July
33%
298
26%
Jan
.40
July
16%
17 %
473
9%
Jan
19% May
9%
1,800
5
Jan,
12 % May
17%
560
14
Jan
20 % July
9%
16%
common—-—
Telephone: Randolph 5530
Jun
20
•
to
Sept.
3
both
7
815
4%
Jan
56%
58
267
46%
Jan
59% July
11%
12%
,750
5%
Jan
13%
Friday
■■
,
capttal* *25
Standard Oil of New Jersey
Studebaker Corp
U.'S.
11%
1
common
41%
...
17
1
18%
r
25 %
Jan
12%
Jan
18% Julv
'-7
:::'7
Allen
Electric,
Baldwin
Low
Par
1
1
common*—
Rubber,
,
it Cincinnati Stock Exchange
28 to
common
1%
6%
§
Detroit
Last
—A
of Prices
Par
Aluminum Industries
American
Low
9%
—
.20
Laundry Machine.
27
26%
High
Low
High
50
Jan
359
20%
Jan
10% Mar
28% July
126
27
5%
Works——***—8
6%
6%
Sep
8% July
Mar
101
Sep
455
1%
Jan
5
20%
15
17%
Jan
9%
Fibre**—*——
Churngold —**——- — —_ * •'
Cincinnati Gas & Electric preferred_100
Champion Paper &
*
100
Gar
N.
O.
&
T.
9%
5
101
5
91
50
5
125
99% 100
20
P
Street
Cincinnati
Telephone
Cincinnati
Tobacco
Cincinnati
Union Stock Yards——*
Cohen
(Dan)
.*_:.
98%
50
Cincinnati
—
77/
81%
287
25
Ware
_*
"'V—
**—.—******—■'
;
7%
98%
84
45
8%
7%
741
74
10
10
13
9
172
8%
.
105
8%
8%
19%
25
60
5%
Motors
General
Graham-Paige
—10
11%
1
common
—
Gibson
23% July
Grand Valley Brew
—
--
11
July
Aug
Kinsel
Drug
Feb
Jun
common—
Jun
74% July
Jan
10
Jan
Jun
9%
Jan
common*
11%
11%
65
7%
Jan
*
Sep
Procter
9%
U.
S
Sep
Sugar
Corp
Murray
23 % July
Packard
Parke
S.
*;
Printing
13% May
Peninsular
29%
65
16%
Jan
35
For
footnotes
15
20
Jan
30
May
31
31%
377
24%
Feb
page
979,
Jan
5
Apr
22% July
1,999
17%
Jan
1
200
70c
Jan
1%
Apr
3%
500
2
Jan
4%
Apr
5
700
1% Mar
2
745
3%
6% Jun
44%
Jan
,
51%;
781
2%
:
2%
200
1%
700
83c
Jan
53c
51%
1%
Jan
Jan
56
May
July
3% May
2 % May
75c
'.
;
*_
300
13%
75c
Jan
4%
620
9%
Feb
9%
100
9%
_*
1
10
75c
13%
75c
**,
Jan
13% Aug
11% July
May
55c
55C
200
49c
Feb
22%
22%
100
19%
Jan
75c
Apr
23% Aug
18c
18c
100
13c
Jan
28c
80c
\
—
—
_*
80c
100
62c
Jan
1% May
Jan
11% July
9%
5%
100
9%
Apr
common——*
Car
Mtl
common-*^-—**-*
Prod
21%
21 %
60
20
Feb
25
Jun
100
3
Jan
6
Aug
Simplicity
Jun
Stearns
*_!
,
3%
29
*_*_—-*-*'*
common
2%' Jan
241
3%
5
May
Jan
32
May
Jan
10
May
28
505
29
'
100
**
9%
1%
700
2
2
100
3
2%
common—*——1
9%
1%
**
,
6%
Jan
1% July
1%
Jan
2 % Mar
150
2%
Jan
3%
Jun
400
1%
Jan
3%
Jun
420
10%
Jan
14%
76c
32% May
6
*
—10
50
see
3
619
3%
21
Jun
27
*—*
Preferred
3%
1%
0
10
common.*
common—
Motor
Davis
27
*
& Gamble
Playing Card—
Jun
7% May
Jun
9%
Michigan
Rickel
(H.
W.)
Raisin
Scotten-Dillon
55
6
53%
55%
309
48%
Jan
57
38%
39%
130
30%
Jan
Universal
Warner
Union
U
Jun
15%
Jan
4%
2%
common—*——!
McClanahan Oil
common
Paper
:***_.
common—*
6%
48
6%
48
6
3
Jan
42% July
7% July
24
38
Jan
50
May
Pattern
(Fred'k)
Investment
Cooler
Aircraft
,—2
3
common———•
Sheller Manufacturing common
;*".
30 Va
Jan.
4%
Aug
9
Jan
7%
-
101
29%
*
Meteor
Jan
9%
500
3%
■
,
**
Hudson "Motor car, common**———•
100
River
*—
180
235.
6
:
common**„2 %
Jan
*
31
Lunkenheimer
.
5
common*——1
Hoskins Manufacturing
*
Insulation
Art
A
Apr
7% May
12%
20%
1
3
Prudential Investment common——1
Formica
7
*_
1
1
common—
High
2
26lA
5%
21
Jan
1
10
common
Parker-Wolverine
Eagle-Pichcr
common—
1% May
4%
%
,
21
Jan
8
10
19%
**
*
——*
Crosley Corp
•
73
50
>
—*
Wood Industries
Kresge (S S)
C.
6%,
100
130
...
July
101
.v"
*
Brewing
■
20%
Preferred ———-—-*—*—*100
Burger
6%
common—10
Nav
Frankenmuth Brewing common
Goebel Brewing
Baldwin Locomotive
.
_*
common—!——5
Iron
LOW
;
.
Range Since January 1
Shares
9%
Edison
Gray
Detroit-Michgan Stove common
for Week
Range
Sale Price
STOCKS—
Sales
>**
Common—***——20
Cleveland
&
Detroit
Detroit
"
Week's
Range Since January 1
12%
1;
:
1%
26
*
*
Continental Motors common
Sept. 3 both inclusive, compiled from official sales lists
Friday
Shaies
High
6%
,
Briggs Mfg common
Burroughs Add Machine
Aug.
for Week
Range
of Prices
Sale Price'
,
45% July
472
STOCKS—
Sales
Week's
...
Last
Jun
20
41%
17
*10
Rubber Co common
Yellow Truck & Coach class B
compiled from official sales lists
inclusive,
Jun
8
6%
——
Detroit Stock Exchange
1
Aug. 28
Standard Brands common
Associate
DETROIT
Ford Building
Apr
25%
9%
Radio Corp of America common*—
Chicago Stock Exchange
May
10% Jan
265
"
Jan
Jan
6
615
16%,
30%
New York Curb
9% May
39% July
32%
25%
17
common
Republic Steel Corp
100
11%
capital———
Co
Oil
17%
15%
common**—
Inc
Pure
300
36
York Central RR capital—
Pullman
1,701
7%
7%
36%
.—1
(Glenn L)
Nash-Kelvinator
-7%
37%
17%
•
•
common—
-
7%
7%
—1
—
Co—„——..
6%. Jan
780
New York Stock Exchange
Detroit Stock Exchange
Electric
19 %r Apr
Jun
6%
York
S
a7%
4% Mar
8
U
common—
common.—
Republic Steel
96
25%
58%
General
Jun
7
50
al2'/4 al2%
31%
Jan
14%
833
2;
a4%
a5
Jan
30
100
7
1%
4
25
120
89%
1%
Products
Dorn
10
15%
6%
■
July
806
5%
3
50%
50
107%
35
al5%
Bros,
Thompson
65
16%: 16%
**
,
—„**
class
a
35
Electric
Richman
Apr
10%
40%
'w
National Tile
Nestle LeMur
Apr
900
Refining, new*,
preferred 5%
Reliance
15
14%
National
Prior
Jan
71
a22% a22%
.
*■
pfd
Mar
10%
Jan
al07%
,..**/•
*
—
60
59
«
Medusa Portland Cement
High
9% Aug
Jan
100
50
*
*
Jan
55
60
a41%
a
—*
class B
G)
6
6%
50
a40%
,*
Sessions
(A
15%
100
Laughlin
Lamson
15%
12
14
;**
Rubber*—
Low
200
9%
WatlingV' Lerchen & Go.
Atchison Topeka & Santa Fe com** .100
Bethlehem Steel Corp common
Interlake Iron Corp
Jun
Range Since January 1
58
14
—
—
St San com*
Curtiss-Wrlght
8
59%
5
Lakes Towing
official
al7% al7%
al7%
F._
92y4
31%
/ 9%
25%
Copper
sales
,
July
18%
26
6%
77.5
Mining*——* -50
Anaconda
July
July
5%
common—.
Stocks—
28
67%
.**2
common
capital
4% May
Jan
2%
(Wm Jr).Co capital—
Yates-Amer Mach
20%
8
Wrigley
Jan
High
9%
*
Manufacturing —!
Goodrich,
11%
common*
Woodall
4%
Sales
of Prices
a
common—
96
common**—*—*
Cumulative prior preferred—*——*>.
Williams Oil-O-Matic common—*—_*
s
Wisconsin
Jun
for Week
58
—1
*___*__*
Corp
125% July
100
24% V
90%
Westinghouse Elec & Mfg common—50
Wieboldt Stores Inc
6%
55% July
Exchange
Low
City Ice & Fuel**—.
59% July
15
36*/».. 36y8
*—**100
common
Jan
Jan
250
General Electric common
Utah Radio Products
2
44%
! Range
-100
13 % July
28%
529
36
ii
-
Sundstrand Machine Tool common—>—5
SWirl
Jan
Week's
Sale Price
Canfield Oil —**„_—.
National
Stewart Warner Corp common—
10%
compiled from
Friday
—5
13 Va July
11%
1
—25
*
common
inclusive,
"
Coach & Body,
McKee
Standard
both
Par
American
Sep
4y2
Mar
3
21%
~
Bend Lathe Works capital-
Spiegel Inc. common—*———-*. ■—2
4
214
52
6%
Last
Apr
Jan
22%
*
common
—*—**:_—*——
750
3%
Jan
1%
1,000
83%
23-
common—— —
Sperrick Corp class B
Signode Steel Strap
3%
3%
i*'1.
——
3
'/•*;
May
9%
46% Jan
'
150
Aug.
STOCKS—
57
■**
common——.
16% July
3%
Cleveland Slock
Jun
5
200
16%
Cliffs
Sears-Roebuck & Co capital
6%
*******
Eaton
Sangamo Electric Co
Jan
15%
51%
Brands
Jun<
4
4
xl6%
"
L_
—
-5
preferred
15%
15%
—■
Columbia Gas
10%
Mar
77%
;
Raytheon Mfg Co 6%
High
150
22% July
30
50
Quaker Oats Co common
*
Preferred —100
Low
13%
3%
City Ice & Fuel
13%
15% July
30
--
common—*—!
25
July.
18%
B
Pressed Steel Car
34
92%r 94%
__
100
capital
Rolling Mill
23% July
*_••
—10
Peoples Gas Lt & Coke capital*
Poor
Jan
200
20 %
--
preferred-——-100
common
23%
16% -16 %
79
—* '
preferred—100
PriorTien preferred——**—'—100
Pcnn
33%
94%
common-—;
Northwest Utilities
Peabody Coal 6%
34
20
•
20
common—
Northwest Bancorp
37% July
16%
5
cap
common*
Inc
Airlines
Range Since January 1
High
Sep
General
300
Low
Shares
UnlistedAmerican
12%
1%
Liquidation Co common
*
Cylinder Gas common-*——1
National
of Prices
Par
49% July
Jan
'
Sales
for Week
Range
Sale Price
High
,,
National Pressure Cooker common*—*
Week's
Friday
STOCKS—
Range Since January 1
Shares
High
Low
Par
Montgomery Ward
Sales
for Week
Range
,
Sale Price
STOCKS—
common.—
common—
common—
.——10
13
13%
4%
100
2%
Jan
2%
100
1%
Jan
16%
16 %
4%
•*-
—*
4%
2%
—1
1
**
13
4%
*
1%
1%
1%
common——!
1%
1%
1%
class E——
400
13 %
Jan
Apr
Jun
2% July
16% Jun
5
600
68c
Jan
May
2% May
610
I
Aug
1% Mar
200
_
4%
3%
Jan
THE COMMERCIAL & FINANCIAL CHRONICLE
976
Monday, September 6, 1943
1
OTHER STOCK EXCHANGES
STOCKS—
For
Petroleum
——50o
Accessories, Inc
Bandini
Barker
Feb
11%,
44 Va
10
%
1 Va
500
1.80
1.80
231
V 1.55
1.55
-
2
1
Corp—_—.——.
12%
75c
Sep
53'
2.05
Budd
Wheel
Jun
'
Jan
Jan
14
16 Va
Jan
24% May
19
Jan
9 Vb
9%
300
6Va
Jan
20 Va
20%
550
19 Va
Aug
22 V2
7%
7%
7%
957
3%
Jan
a61
——:*
—
a597/a
Va
61%
92
•
63
10%
11
765
7%
11
148
57/a
35C
300
20c
Chrysler Corp
100
1
51%
51%
Prior
Co
5
78%
common-
Electric Storage
General
Jan
;
*
Oil Co
13%
/
Company
2.25 May
.
Pennroad
Mt.
34c
1.25
~L20
—1
60c
60c
60c
1
7V2 July
Products
new
29%
common..
—25
Electric
&
1st
6 %
New
4.4%^ preferred
Jan
10% July
Philadelphia Electric Power 8%
Jan
46c
Philadelphia Insulated Wire—,.
Philco Corporation
■_.
July
Jan
11%
40c
preference
65c
July
Co common—
common——
Oil Corp
Warrants
Aeronautical Oo^—
Kyan
Stores, Inc
—
units of ben int
Safeway
Security Co
6%
a43
38
36
36 Va
250
L*
all
11%
8%
125
23
%
23%
Jan
46 V2
Jan
42
Jan
39
$3
...
Corp
44
44
.25
32 Va
32 Va
Jan
13
4
Jan
9
31%
31%
a36 %
36%
.25
a36%
.25
24
35%
263%
37%
12%
12%
.
'
,
14%
170
8
Gas
6V4
15%
Jan
8Va
100
6V2
Jan
a6%
6%
50
37/a
Jan
2c
July
10
May
22% July
8V2 Aug
,
„
,
30 Va Mar
70
38V2
Jan
43 Va
48%
Jan,
63% Mar
40%
& Std Sani Corp
Company
9%
22
6%
131 Va
Feb
a457/a
457/a
60
32%
26 Va
246
24%
6V4
90
3Va
Jur>
210
Foods
Co———
48
Jan
130
12%
Feb
19% May
58%,
232
58%
Sep
69
100.
28 V2 Aug
28 V2
70
26%
155
14%
14%
.132
s°a
32%
1,591
17%
Jan
2% May
34% July
2%
8,822
1%
Jun
2% July
30%
32
33%
30
29% Feb
15%
15%
270
7%t
85
a7 Va
'
Central
2
2%
distribution—-—.
Va
Week's
Last
Z
Alleghany Ludlum Steel———:
Duquesne Brewing
Fort
8%
Electric
&,
5
——-.1
17
13
13
-
2
Jan
200
15
Jan
8%
100
2%
1,050
1%
106
13%
Jan
98%
265V
92
Jan
8%
98%
8%
1,603
7%
7 Va
700
15%
15%
106
92%
92%
49
8%
—.
,
-
;
5 V*
Jun
17% May
I4Va July
Jan
15%
98%
10
Supply
V
Jan
2%
15%
-
Jun
11% Jun
Jan
lu9
3%
3%
High
31 Va
Jan
6
2%
100
Gas
Fuel
Low
18%
316
15%
10
National !Fireproofing Corp——-—•
Mountain
Range Since January t
30
26%
8%
17
—
Refractories——*,
Walker
Star
3%
__
—————
Pitt Brewing^-.-
Harbison
*
common—
Shares
High
26%
26%
—*
Co——
Gas
for Week
of Prices
Low
Far
'
Sales
Range
Friday
Sale Price
STOCKS—
3
July
18% July
.
102
July
8% July
9% Jun
5%
Jan
8
15%
July
25c
Jan
95c
-25
..
.
Mar
84%
Jan
97 Va July
—
''
&
Bolt
Reymer & Bros
4%
Jan
3%
42
127/s
60
a59
:
-*
,
31 %
Jan
Standard
48 Va
Jan
Oil
.
Jan
35
Standard
Oil Co
Studebaker
Feb
10%
Jan
9%
Jan
17 V4
584
10%
Jan
17%
17%
40
12
Jan
21
225
Jan
5
26%
.
Mar
1% July
9%
17%
2%
20
Jan
27%
90
24
Jan
50
23
Aug
Postal Long Distance
Bell Teletype SL 693
'
85
33% Aug
12% Jun
St. Louis Slock
Aug.
110
420
5
34
12% May
60
al3Va
85
14 %
Jan
20% July
59%
Jan
,,
13%
80
10%
Jan
599
4%
Jan
200
28%
Feb
58 Va
112
47%
Jan
36% Jufy
59% July
11%
255
5%
Jan
13
a25%
*
7
26
Friday
Last
Sale Price
STOCKS—
1
American Investment common■
Shoe
Brown
*
106
24%
Feb
15
,
July
8
Jun
May
26 % Aug
Elder
common.—.
Manufacturing
Brew
common..;
—*
Shoe common
40
26 Va
26 Va
a49%
♦
Union Carbide & Carbon Corp
.
Pacific Railroad Company- I100
5
Lines Transport
United
Air
United
Aircraft
United
Corp
United
States
"
Corp
1
1
United States Steel Corp
Zlio
-50
al3 Va
Woolworth Company
footnotes
see
(F W)
page
979.
— —
'
175
25
31
•17 Va
High
Apr
Jan
Jan
7Va Jan
43
July
26% Aug
6
11
Sep
11
26%
40
23
12
12%
1,262
8%
160
5%
6
257
3%
Jan
36%
36%
37
180
28%
Jan
11'
•
8
11
6%
6%
25
10 Va
10 V2
16
16
15%
84
%
Landis Machine
common—
July
Missouri
Portland Cement common..25
Apr
National
Bearing
Metals
40
95
National Candy
18%
Jan
28
27%
Jan
1 Va
360
50
—*
39
al3%
344
52%
13 Va
Ji
33
'
48
150
36
a91%
92
7%
195
150
Jan
Mar
Jan
Jan
2nd
Aug
2% May
43% July
59
July
15% July
35% Aug
37
Jan
26%
7%
Jan
7V2
Jan
Sep
Sep
13
July
8% May
5
Jan
7% Apr
38% July
7% Apr
9
Jan
12
Jan
16% July
40
3,085
107
11
82
Rice-Stix Dry
Sterling
Alum
—
107
Goods common.——*
common:
Stix, Baer & Fuller common
Wagner
Jan
100
Electric
common—
.1
a38
7Va
25
387/a
165
12%
July
11
Jan
14 Va
Jan
103
Jan
16
%
Jun
40
Sep
107
Aug
Sep
10
10
10
65
6%
Jan
10
10%
10
10
120
6%
Jan
12
9
9
23
6%
Feb
July
10% July
30
265
24%
Jan
32
10
28%
15
July
Aug
Jan
preferred
50
14'/a
37
39% May
42%
common..
165
14%
common—*
■
36
a7 Va
a38
5%
26%
82
BONDS—
'
1
10
82% Aug
50 % Aug
25
1.
36
.100
Westinghouse El & Mfg Co
Willys-Overland Motors Inc
r9%
Jan
32 V4
52%
»
Co
Western Union Telegraph
Jan
28%
a42 %
•
1—5
Warner Bros Pictures Inc
72
1
—
Co.:
25
42%
,
a31Va
„
*
Rubber
81%
99 Va
91
a28%
'
—5
(Del)
80
-
64
14 Va
a98
""l0
38
a81
*
Company
Tide Water Assoc Oil Co
50
a38
al4Va
-.25
(The)
Gulf Sulphur
■
12%
Laclede-Christy Clay Prod common—.5
Texas Corp
Low
40
6%
40
Huttig S & D common—5
Hydraulic Pressed Brick pfd
—..100
International
Range Since January 1 "
Shares
High
40
—*
1
for Week
Range
6%
common...25
common—
Sales
Week's
of Prices
26 Va
common——.—
Ely & Walker Dry Goods
Falstaff
Exchange
compiled from official sales lists
Low
Par
85% July
357/a
6%
both inclusive,
July
275
17»%
Sept. 3
to
Aug
19%
Jan.
28
Jun
11%
—25
Phone
CEntral 7600
New York Curb Exchange Associate
31% Apr
23% Aug
15%
a56%
--
1922
Apr
23%
9%
55c
70
Associate Member Chicago Mercantile Exchange
18% July
27
17
:■
21%
Apr
14
:
35 V2
'
6%
1
-
4% Aug
3% July
48 % July
20%
-
26
33%
a83%
•'W
—*
—25
Co
Jan
Chicago Board of Trade
Chicago Stock Exch.
May
a
a85
21%
July
3%
a23%
—
—
Jan
2%
July
36%
17
(N J)
2
200
Members
Jun
66 %
112
a?6
(Indiana). 1.25
Corp
100
3
St. Louis Stock Exchange
Apr
8%
Apr
125
a26%
—15
4 Va
Va
New York Stock Exchange
16% Mar
110
a32%
Company
Apr
May
Jun
3%
-1
y"
Established
Mar
Jan
5%
54
15
,
36
16 V4
9%
Inc.———
Brands
6%
9% May
55
705 Olive St.. ST. LOUIS
Coca-Cola Bottling
Standard
Feb
Edward D. Jones & Co.
39% July
30
430
<
41
Apr
Jun
67/8
-
Jan
10 Va
a
*
4
50
:
July
16%
Corp of America
Roebuck & Co--——.1
Socony-Vacuum Oil Co
3
36
20
St. Louis Listed and Unlisted Securities
Apr
10 Va
a46%
%
•
Westinghouse Elec & Mfg
May
32%
;
50
7
59
%■
36%
85
6%
,»rw'
.25
Sears,
—.
1
common
100
53
53
*
___—
Shamrock Oil & Gas
53
15
7%
7Va
7%
*
100
—
4%
4%
.*
Corn
Preferred
Apr
9_%
35%
85
•
41 Va
30 Va
a30%
'
.
.
—
Mar
39
40%
—_
Steel Corp
Screw
Pittsburgh Steel Foundry common
July
9%
Jan
Jan
a30Va
—
Pure Oil Co
7
317/a
al2%
.50
Pitts
15% Aug
180
a40%
i;''
-
Vz
II
Inc——
Pullman Incorporated
37
.
Sep
"4
a40%
a30
_———
Co—
Pictures
Paramount
For
Jan
Pittsburgh Stock Exchange
iU
37%
Co..—------
Car
15%
17
RR
Company
Motor
•_*.
:*•
—
Pennsylvania Railroad Co. ..
Phelps Dodge Corporation——,
Union
2% Aug
il Jan
-
Aug. 28 to Sept. 3 both Inclusive, compiled from official sales lists
25% Aug
20%
100
a36%
a37
Corp—.— _»
American Aviation, Inc.
American
Jan
Jan
7
7
;
Tel
9%
22%
r
13
'
——
Copper Corp—
York
Texas
V
15% July
14% Aug
—
Montgomery-Ward & Co Inc——
&
85
}[■
15 Va
a26%
a33%
Libby, McNeill & Libby.——— -7
Inc ———
Swift
Feb
783
1V8
Aug
V14%
Loew's,
Republic
%
fs Jan
2%
1
July
28 Va
60
al5 Va
•
Radio
400
u
Feb
2
1
64 V2 July
17%
58 V4
a26%
Corp.—
(B F) Co.—
Kennecott
Jan
July
28 Va
International Nickel Co of Canada—_
International Tel &
6
al6%
a58%
15
_
-J.
General
31%
58%
_—:
Electric
Jun
al6%
Bond & Share Company—— .5
General
11%
Jan
a5%
5
Oil
,:■;■
Apr
156% July
34 Va Jun
Jun
a25%
a25%
—*
Commonwealth Edison Company—..25
Cons Vultee Aircraft Corp——1
Continental Oil Company (DeL)—— 5
Crown Zellerbach Corp—————
5
Curtiss-Wright Corp —,—.————_1
Packard
Apr
2c
Jan
334
a9%
al567/s
Commercial Solvents Corp
Ohio
6V2C
Feb
155% 157 Va
—
Bethlehem Steel Corp
North
40%
57%
.25
Pittsburgh Plate Glass..———
100
American Viscose Corp.—————14
Anaconda Copper Mining Co—
.50
Armour & Co (III)——5
Atchison, Topeka & Santa Fe Ry—100
Baldwin Locomotive Works vtc—
13
North
Apr
7
Tel & Tel Co
Goodrich
;i'
Stocks—
Unlisted
Amer Rad
New
6%
V2C July
Electric
Feb
% Jun
15
1
-1
July
Lone
4,000
Borden
16
22% May
33% July
•,4»:
—
Jun
13 %
Jan
1,208
1,000
American
34% July
26
Improvement—
Ex-stock
44
Apr
2,661
1C
.
V
Jan
U% Jan
Jan
Devonian Oil——————————10
6c
:
14
Jan
Columbia
,
30% May
10
23%
34
Jan
36% Aug
65:
387
33%
23%
14%
30% May
39% May
lc
■
120% Aug
22%
Jan
6c
'
26% Aug
Jan
26%
Jan
1C
.
Apr
114%
10
16
6c
•
23%
30
10
28 V2
Company—1
Gold Mining
4,096
45
32% Mar
Mammoth Cons Mining Co—10c
Black
25%
17
:
Kopper.s Co preferred
Cardinal
Aug
26%
Blaw-Knox
8Va
Bakers Inc.—
Mining Stocks—
(
1
Alaska Juneau Gold Mining Co———10
Apr
20
30%
36% Aug
19%
19%
.25
32 Va
Aor
17
Jan
8%
__2
Jan
16%
26 Va
Feb
28%
.' '33
8 Va
——.
23%
8,495
30%
31V2 Aug
19 Va
a
.
—-—
1,227
19%
.50
Sep
32% Aug
615
California
27%
Jun
.50
Jan
30
1,032
37%
4% Mar
.50
preferred
United
25% July
Jan
,39% Jan
4'
26%
Jan
14%
Sep
-
21 Va
;
195
3%
34
3
Corp preferred——.
July
327
4,504
23%
—*
common
July
7Va
10
.25
4%
May
5% Mar
22
.2,958
7%
9 % May
12
Jan
300
9
23%
8 Va May
Jan
1.50 July
35%
,
Jan
2%
11% July
•32
28
Tonopah Mining
Jun
Jan
3%
.40
a35%
California
Sep
6V2
8V2 Mar
,
44
all*:
■■
.25
de Kamp's H D
Van
43
38
if
Corp
of
Oil
a43
38
Taylor Milling Corporation.
Union
48
44 V2 July
Jan
25c
•
Jan
3%
24%
pfd-25
—
—
of
Co
Transamenca
200
Co
Pacific
■'A
Jan
7%
200
20
Stores.—ii—
Oil
9 Va
1.10
2.10
450
preferred "A"
Standard
9Va
1.10
12 Va
Original preferred ———————
6 % preferred class B
5 % r/o
preferred C—
So. Calif Gas Co 6% preferred—
Southern
9Va
; 3%
Calif Edison Co Ltd—
Southern
Jan
Jan
3 Va
Corporation—
Oil
Drug
Sontag
39%
■34%
525
al2 Va
"A".—.
Signal Oil & Gas Co
Sinclair
300
—i
—
United
353
5Va
ill2
Public Markets Inc——
Roberts
Transit Invest
32% Aug
48
1.10
—i—•——-
July
36 Va Aug
41 Va
5%
—*
Republic Petroleum
Richfield
30
Jan
48
*
—1
4Va
50
75
7%
Mar
Jan
30%
29
■
9
Mar
23 V?
V
490
5%
57Va
Scott Paper common
Jan
4%
July
July
6%
119% 120
10
•
1.80 May
July
41 Va
48
-10
Lighting Corp commons-
Pacific
90
42 Va
56 Va
18%
*
common
—
—
Reading RR common
1st preferred
2nd preferred —
Y—_u-—
24% Mar
Jan
55c
$1
—
Feb
16% Aug
120
'Y':V
32 Va
Jan
Jan
Jun
Jan
27c
610
357/a
a32
_^25
1st
5%%
29%
35%
-25
preferred—————
preferred
—Pacific Indemnity Co
Gas
Pacific
33%
44
26%
common-*
Mar
600
:
162
,'784
5%
Sun Oil
Pacific Clay
7Va May
41% Aug
6%
.7%
5%
26%
Philadelphia Electric Co
July
97V2C
100
,vv;
Jan
55% July
14
67/a
2,850
Jan
16%
41% July
4%
295
ic
1%
24
52 Va'
85 Va
502
39%
51%
Jan
4%
41
14c
100
34c
17%
1.15
—1
——
39 Va
Corp
Jan
150
17%
_l0c
Aircraft Corp
Mfg Co—————
Diablo Oil Mng & Dev Co
Menasco
10 Va
Apr
July
'y
67 Va
40
_•
Jan
9
500
10 Va
10 Va
34c
32c
May
10%
6%
6 Va
39*%
•
,_50
—
& Light,
Jan
Z-v.95
31c
1
Lincoln Petroleum Co
Lockheed
9%
a9%
July
10
6%
May
RR.—
Power
34
233
35
Jan
3
138
51%
Lehigh Coal & Navigation.
Lehigh Valley
National
Jan
.1
19% May
Jan
78%
39 Va
—
26%
,'Y 100
a 91/2
—~
5
Jan
Nov
40
6 Va
Battery.
Motors—
May
Jan
44%
A'' 21
41 Va
_10c
Petroleum Corp-—
Intercoast
Lane-Wells
13%
39 Va
—
Co————
Motor Car
Hudson
A
common
a38%
Co—*
Rubber
&
Tire
Goodyear
a387/o
41 Va
Gladding McBean & Co——
Hancock
423
200
7
7
Common—.
11%
17%
7%
39%
—_
Pennsylvania RR—
.10
General Motors Corp common
General Paint Corp
158% July
1
242
77%
15% May
•
Jan
130
6%
7%
——
preferred
50c
Jan
1.90
Pub
12
Jan
1.90
16%
30
6
Co_„_
11% July
Jan
35c
16%
30
30
common..
High
11% Mar
127%
4
66 V2 July
Jan
11
...
230
355
7% July
Feb
11
11
——4
Derrick & Equipment Co—
5
Oil Company Ltd "A"———1
& Kleiser Company—.—2,50
Corp
Products
v
Mfg Co
Low
15 Va
14%
1
53
Jan
68%
20%
90
■
G)
Range Since January 1
High
July
*
■*
—
—
of
.50
(E
Shares
155% 157%
157
.13
Corp preferred
Budd
7%
70
79
15'/a
100
„
Baldwin Locomotive Works vtc.
2.00 Mar
Jan
America——————1
52
a78
_
Bankers Sec
1% July
,
Aug
77% Aug
IOV2 May
52
a79
•
Tel—
&
of Prices
Low
Jun
44%
Tel
American
Curtis
5
Douglas Aircraft Co
Electrical
1.35
10
Corp———100
Central Investment
Chrysler Corp _.——
———
Consolidated Steel Corp————
Preferred
13%
19%
12
Jan
TV Feb
•
100
a 19%
Byron Jackson Co..———j.——•——
Creameries
j
30%
460
12%
Inc——*
Department Store
Broadway
Foster
7
100
11%
Bolsa Chica Oil common—
Emsco
Jan
44 Va
Diamond
Exeter
3%
American Stores—
Sales
for Week
Range
.
Sale Price
Par
4% May
5
Jun
Feb
-1,800
4%
1.80
—---—50
Gay Furniture Co———-1
Corp
preferred
Berkey &
Blue
4%
;/
2,020
,
common..^.-.——*
Bros
5% %
4%
3 Va
3%
1
Company...
3Va
STOCKS-—
Range Since January 1
Low
High
Shares
\of Prices
Low
High
Week's
Last
for Week
Range
...
Friday
Sales
Week's
Last
Sale Price
Aug. 28 to Sept. 3 both inclusive, compiled from official sales lists
sales lists
inclusive, compiled from official
Friday
Aircraft
Philadelphia Slock Exchange
Angeles Slock Exchange
Los
Aug. 28 to Sept. 3 both
!•'
2%
36
Jan
8%
Jutt
St Louis Car 6s extended.
Mar
4u-5'8
aim
St
Louis Public Serv
1st mtge
1945
5S..1959
91%
91%
91%
1,000
97%
97%
300
85
90 Va
Mar
Feb
91% Sep
July
98
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4209
158
CANADIAN
Montreal Stock
Sept. 3 both
to
28
LISTED MARKETS
Montreal Curb Market
Exchange
Funds
Canadian
Aug.
Canadian
compiled from official sales lists
inclusive,
97?
Week's
Friday
Last
Aug. 28 to
Sept.
both
3
Inclusive,
Sales
Friday
for Week
Range
Funds
compiled from
Week's
Range
1
Last
official
sales
lists
Sales
for Week
•
STOCKS—
t
of Prices
Sale Price
:
Low
Par
.100
Agnew-Surpass Shoe preferred—,
Aigoma
Steel
Aluminium
common
Ltd
Asbestos
Corp
Associated
—
Breweries
Preferred
Bell
T
of
Co
L
Columbia Power Class A.
British
Bruck
Building Products ciass.A———
Bulolo Gold Dredging——
102%
Feb
Beauharnois
Power
Corp
Distillers
of
Jan
25% July
Brewers
20 y2
Sep
British
American
109
Feb
Feb
British
Columbia
'
141
86
2,377
14%
20
23%
3%
84
Calgary
Power
Canada
&
Malting
Canada
Northern
29
July
5% May
■
Ltd
Canada Wire
Co.
80
345
13
17%
17%
695
11%
5%
Preferred
Canada
;
Iron Foundries
Canada
Northern
Canada
Steamsuip
Canada
Wire
Canadian
Cable
&
Breweries
cl
Preferred
42
—♦
.
7%
participating: preferred U,
Canadian
Celanese
Preferred
t
common—
Sep
July
Canadian
5%
Pr
Apr
12
9
:
Jan
14 % May
Canadian
18 %
100
18% Aug
22
Catelli
4%
•
Jan
5
Aug
130
27%
Jan
42
Sep
Claude
200
32
Jan
34
Apr
Commercial
50
106
Jun *
108
9%
9%
1.45
520
28%
955
36%
240
3b ya-
141
100
&
Chateau-Gai
28%
141
-
Jan
7%
108
Jan
27%
,
,
7Vo
141
Wines
Neon
.iiVUlOO
27
preferred—j——_100
126
Canadian
Cottons
Canadian
xnauaoriai
Class
26%
875
126
126
Div
Paper
Cub
Aircraft
David
&
Frere,
Dominion
n__*
Aiconoimass
5
;■
Canadian
Locomotive
——-__i__.*
Canadian Pacific ftaiiway_j.—Plow
Consolidated Mining & .Smelting—
300
22
22
11
11%
12
12
12-
44
5
—_•
44
28%
-
.
Feb
33
-
'
126
!
May
Dominion
Square
Sep
Dominion
Seagrams
Preferred
•
7%
■
?
Jan
Woollens
—_
34%
——100
110
Dominion Briage
—_—•
Dominion Coal preferred———25
787
37%. Jan
28%
280
Jun
Donnacona
Jun
Eastern Dairies Ltd.
Jun
Dominion
Steel <a
Stores
Coal
B
Ford
13% July
Fraser
46
July
29
,
July
Paper
common— •»
i'exuie
24
9
9%
8%
.
Motor
"
8%
78
International
Utilities
Class B
95
Jan
36
Jan
110
July
Enamel
Corp
&
Co
'
Aug
Melchers
Distilleries
Jan
31% July
Mitchell,
Robert
16 y2
Mtl
8%
.
5%
Jan
11
Jan
10 %
6
Mar
105
96
Apr
76
Aug
25
7%
105
5%
Jun
July
Jun
97/e July
103
"
81
Aug
Mar
8% July
Feb
5%%
Gurd
(Charles)
Hamilton
__
Holt
Bridge
Renfrew
Paper
Oil
Imperial
Tobacco
international
Nickel
International
Petroleum
International
Power
Preferred
Lake
the
of
Woods
Canada
Mont
109 Vz Aug
8
7
425
5
I
130
98%
615
27
Feb
16%
16%
16%
2,110
12
12
11%
12
1,715
10% Mar
23
6%
6%
100
23
10
33
Jan
700
17
Jan
10%
50
6
Jan
15
Jun
109
98
Jan
110
Jan
109
110
11
24%
11
24
*
t
24%
11%
Jan
200
19
Jan
26 %
Jun
9
8%
9
321
5%
Jan
8%
_♦
Uou&—— >
8%
8%
360
6%
Jan
68%
Feb
72
Jun
120 % Mar
125
Jun
26%
26%.
26%
100
28
12
,
24%
Jan
27%
Jun
22
Feb
33 Va
Apr
11
Apr
12% July
Jan
35% Aug
35%
35
40%
40%
150
36 J/4
Jan
40%
61%
61
62
875
38
Jan
62
July
40
Jan
52
Aug
25%
Feb'
25
—•
35%
26
485
49%
49%
50
1,247
23%
23%
24
410
&
Pr
100
160
common—*
„*
6
24
....
.100
22%. Jan
160
14%
—_—_—*
common
July
97/8 July
200
1,559
12
—
Aircraft—
10
80
28
*
—
July-
May
82
—
24
11
56
common
39% Mar
*
75
*
Ht
Feb
1,680
•
Car
Jan
7% May
23
18% May
35y8
*
—
Lt
17 Vz July
12%
22%
72
Ottawa ;Electric. Rwys,
Jan
Sep
35
Noranda Mines Ltd
Ottawa
Jun
32% Aug
21%
Ogilvie Flour Mills common—
Ottawa
105
35%
125
...
Sep
22%
72
Preferred
Aug
May
16% July
Jan
31%
6%
Jun
93
8
Jan
125
Ontario Steel Products
July
12
72
Corp
Sep
6
92
125
Car
12 y2
10%
—
Power
Jan
30%
105
Jun
Jan
6
50
15
7%
4%
106
92%
Aug
8.90
90
750
100
a
...
200
6
8
Jan
•
—...
—
4%
60
105
common.........."
Breweries
Steel
July
13y2. Jun
Jan
July
*
.
Tramways
Preferred
100
Jan
94
5
com
;
Light Heat
National
Mar
8
145
•
Murphy Paint Co common—
National
86
615
common--———100
Cottons
Montreal
10
12%
Jan
31%
£1
——
Preferred
94%
15
•
Ltd
Co
Massey-Harris
Montreal
93
92%
•
common
L'td
McCoii-Froncenac Oil
Jan
6%
————.100
Ser
79
6
common..;
—
Public
Jamaica
•
preferred—..25
oi
50
12%
—i—.
Bronze
93
6%
.
Can
International
16% July
11'/a J uiy
12%
....
of
....
Jan
?'
'
—100
—
Ltd
Preferred
Feb
7%
3
100
8
100
—
——,
Imperial
14 %
100
5
—
common....
Mining
Jun
35
10
_*
—:
Preferred
Hudson Bay
*
j
—
*
Smith
7
5%
15%
108% 109
common.———100
Preferred
Howard
109
Aiabasime_—1 'I.III"7
Hollinger Gold Mines
July
12 V8
"II00
——
common
Lnne &
Gypsum.
10
Jan
£4%
common—.
—
5%
585
Apr
93
ulOO
....
wares
9%'
1.45
Sep
51/8
preferred
teteei
50c
25
10
10
-.100
Preferred
■.:
15%
*
,
Penmans
Placer
;
8%
2
160
Jan
15
25
10
Jan
50
8%
4
11
6
24
24
6%
120
160
17%
Jan
Sep
Jan
common
of
&
Ltd
—♦
5%
Refrig
12
Jan
4%
550
12c
52
11
125
7%
Feb
9
325
6
Jan
5%
250
9%
Jan
Preferred
Moore
Nova
Corporation
Scotia
Power
L
Corp
6%
N
C
Limited
93
85
43%
Feb
103
&
of
17%
so
Feb
52
Grain
20
11
50
22% Mar
36 Va
70
24 %
Jan
31
July
90
1.55
Feb
3
Aug
9%
Jan
14
Jun
2%
2%
12%
75
7
560
30
75
Thrift
Stores
Ltd
Copper
Gold
75
2%
Jan
955
19%
Jan
25
17%
18-
165
12 %
Jan
20%, July
10
10
30c
30c
20%
20%
'
104
103
19
19
6%
25
Kirk
Bidgood
Bouscadillac
Brazil
Mines
Dome
Falconbridge
Nickel
Gold
Addison
Kerr
Lake
Shore
Ltd
Cockshutt
;
62
Jan,
83
—;
1
95
14
Jan
16
Jun
10
25
6
Jan
10
July
10%
10%
140
8% Mar
10% May
95%
20
95 y2 Aug
Nickel—u——
Ontario
Cadillac
Pandora
7%
200
8
Aug
90%
-
—
90%
90%
East
Preston
S scoe
107
107
60
1
Jan
108
Jan
1.75 J an
4
July
105
Feb
8
102
Jan
10
10
175
1.75
56%
220
1.75
56
19c
Dome
2.99
3c
l%c
Sullivan
Wood
3%c
—
Ltd
Mines
,1
:
-
—
'
1.10
1.03
3%C
Dalhousie
Oil
Oil
Cn
Home
Homestead
Oil &
4.15
15
8.50
310
16
**
2c
19%
1.13
2.24
3.10
July
Feb
Feb
July
Feb
6c
Jan
1.47 Aug
29% Aug
1.70
July
Jan
1.60
Aug
3.15
Jan
4.90
Jan
4.70 July
8.50 Sep
80c
5
11%
3.95
500
3.10 Aug
Apr
1.35
300
5,75
3%c
3c
Feb
Jan
Aug
16
Aug
5.85 Aug
4c
Aug
500
1.67
Jan
2.24
1,350
1.66
Apr
3.10 Sep
40
;
47%
Jan
1,300
15,500
3.500
3,000
1,400
6c
100
2.25
2.25
100
1.50 May
78c
Jan
63 %e May
3c
Aug
55
2.20
Sep
1.16
Sep
1.10 July
11 %c Jan
3c
Jan
82c
July
1.04
Jan
2.25
1.80
Sep
Sep
6c
Aug
Jan
Sep
53c
57c
*. v:
—
.
.
57c
6,850
38c
Jan
60c
July
49c
510
8,000
36c
Jan
51c
Aug
8,100
1,000
68c
Jan
80c
87c
l%c l%c
3.50
3.50
IV
;
600
500
1,300
3.60
3.70
1,227
5c
40c
5c
1,500
—
%c Mar
2.60
Jan
87c
Aug
4c
Jan
4.00
Apr
:
:
1.52
1.52
40c
40c
—
—'
1
Ltd——
Gas
2,300
300
87c
2.25
*
Ltd
Aug
2c
25
6c
87c
Company Ltd..——-»-*
Aug
4c
Jun
100
87c
;
—
Calgary & Edmonton Corp Ltd—,.—*
62c
Feb
600
55
55
2.20
2.20
1.01
1.16
1.00 .1.03
3c
3%c
;
,
Jan
lc
1.60
2.24
*
Aug
2c
.1.30
2.89
2.24
2.95
:
21c
12c
10,000
'
29%
5.75
3%c
5.75
—/
Jun
7c
5,900
1,300
4c
16
—
10c
Apr
8.50
8.50
;
Aug
Jan
4.15
—
Wright Hargreaves Mines Ltd—..——*
Oils—
2.50 May
56 %
2.00
1.60
1
—
Aug
2 VbC
1.30
—
1
Ltd
Mines
Cons
10
300
1.47
27%
—
—
Ltd——-——.1
Cadillac
Feb
105% May
2,500
1%C
1.47
—
.
.1
Mines
7c
35c
36c
3%c 3%c
—
1.00
Sladen-Malartic
Jan
x47% Jan
*• 9,800
3.10
7c
7c
1
Ltd
Mines
Jan
1.25
150
20c
19c
—
:
2%
97
.
-
—1—1
Ltd
Mines Ltd
Gold
Toronto Stock
Aug.
28
Sept.
to
3
both
1.50
30c
Feb
Jan
2.66 Jan
3c
Jan
1.64 Mar
46c
July
4.00 July
5c
Feb
Friday
Last
Sale Price
Par
Abitibi
Power
&
6%
preferred
1%
Paper common—
preferred
——
Low
Shares
Range Since January 1
High
Low
High
2%
2%
6,610
70c
Jan
4% July
-100
25%
24%
26%
3,325
5
Jan
29'A July
60
60
16
Jan
60
*
1.40
10 y4
5
1.55
20c
19c
*
Steel Corp common
Sales
for Week
Range
2%
1.50
Algoma
Week's
of Prices
»
-100
Copper
Exchange
Funds
inclusive, compiled from official sales lists
•
STOCKS—
Aldermac
107
85
105
1.75
-:
5% Mar
75
105
56%
1
...
Mines Ltd
Gold
Mines
Gold
Perron
Sep
Sep
——1
Ltd
Mines
Gold
48
July
105
—r
Ltd.———5
Mining Corp of Canada Ltd
*
Normetal Mining Corp Ltd.
_—*
O'Brien
45% Mar
106%
45
95% Aug
,
50
20
.Mar
Mines
Mclntyre-Porcupine
July
15%
160
48
109
40
Mines Ltd__l
—
Jan
30
1.00
Gold
Malartic Goldfields
20
42%
Lamaque Gold Mines Ltd——*
Lebel Oro Mines Ltd——
1
MacLeod
25
42 %
7%
1
Ltd
Mines
July
75
1.25 Aug
25
Aug
July
*
Ltd—
Mines
22
Apr
5%
97
—1
Mines
7
Jan
75c
250
175
109
1
Ltd
Feb
16%
75
7
1.25
Jan
*
Mines
Jun
Apr
1
Limited—
Mines
Gold
104
87
Mines Ltd——1
Ltd———.1
Ltd
Malartic
Eldorado
Jan
10
—...1
Mines Ltd
98
96%
Mines
Wilans Gold
22
-42%
.
& Diamond M Corp
1
Cadillac Gold Mines Ltd.—1.00
Central
75c
Jan
July
Sep
July
48
Gold
Cochenour
East
Gold
Gold
13% July
Jan
96%
__
—-—1
Ltd—
Jan
15c
40
109
—
Jun
July
14%
305
19%
25
3%
4%
96%
♦
Ltd
Mines
35
2,200
104
1.25
1.25
*
Ltd
Corp
Mines
Gold
May
3%
30c
•
Aldermac
35
23%
20%
Brewery Ltd
*
Walker-Gooderham & Worts Ltd com.*
Aunor
7"/4 Aug
Jan
3%
Walkerville
Beaufor
Apr
17%
pfd.100
Mines—
3% Mar
14
Aug
23%
t-
—
pfd—.1.—*
common.
16
23"%
;
pfd—100
—50
cum
Feb
16
13
*
Ltd
Co
1.30 July
29
6%
pfd...^.—.100
1st
May
6% July
Jan
-32
29%
*'
6%
45c
Jan
16
29%
Sep
95%
100
preferred——— -100
25
32
—
com..*
Ltd.
P
Can .6%
Feb
3
65c
2,433
29
..
————*
Southern Canada Pow 6%
Jun
11
10
Knitting Mills common.
*
Rolland Paper common.————♦
Power
15c
July
July
3% Aug
-
—
pfd—.10
Trust
part 2nd pfd
Transport Co
Provincial
Aug
15%
Regent
Saguenay
1.05
5
15c
Apr
2% May
100
5%
Apr
v
„
"
■
80
.100
_
2% Mar
7c
625
30c
5%
1.05
•
Vot
———
19% July
*
Preferred
290
2%
30c
..
,
100
10% July
40
17%
—...
12c
2%
cl A...,._*
pfd
Ltd
Co
Stor
&
Jan
52
:
common
preferred —i.—
Apr
35
.
preferred.100
8% May
100
9
Quebec Power
7%
6% July
24%
Feo
Jan
100
Canada—
Co
Jan
Jun
10%
„*
....
3%
4%
♦
,
Corp
Bros
5%
100
Development
Power
Price
Ltd
—
Jun
95
6%
13%
Canadian
Page-Hersey Tubes
Jun
10 %
45% Aug
13% Sep
...____1
Jan
591
50c
9
.*
common
preferred
General
50C
9%
l
.
Canada
of
50c
Products
Heating
Foundation
.Gatineau
5%
—
.
1.15
Jan
77
5.00
Corp
Ltd
3y8 May
Jan
2
,il,:67/a
....
Jan
50c
100
Jan
pfd—100
cum.
McColl^-Frontenac Oil 6%
Reliance
_*
85c
225
Jan
Companies voting trust.—...*
24%
100
78
7%
—
1,175
39 Vz
_T__♦
of. Canada Ltd A
11%
1,035
102% 103,
__—
Eastern Dairies
Electrolux
'
25 %
.20
1%
85
"
Dryden Paper
Aug
45
2%
Ltd
Co
275
; '
9
^^-——100
26
365
14
9%
'
Preferred
34%
110
13%
Ltd
Dominion Tar & Chemical
Dominion
13%
—25
—;
168
60
*
Fairchild Aircraft Limited
12% May
27 V* Mar
27%' 27%
,,
Dominion
Feb
46
„
Ltd—*
pfd
160
45%
Ltd—*
;
Mar
3
13%
-
Co
169
46
*
"A"—
Jun
Jan
45
-—*
Works
July
19
148
—
—f
Linol
15% Mar
50
45 %
*
pfd—15
Ltd
110
8
-6
*
Corp
57/s
26
:.
Feb
9%. Jan
30
.
44%
■28
34%
common——?
—_
——
—
"A"
Ac
Massey-Harris Co
Distillers
100
Ltd
41
Aug
100% July
Jun
60c
7%
6%
common—.*
Limitee
5'/2
Jan
Jan
12
187
2,927
•i".
3%
3%
580
5%
11%
25
^.21*
Consumers Glass
5%
5%
2-
——
■Cockshutt
120 V8
Jan
*
Corp Ltd
Ltd——
Engineering
Oilclotn
2
55c
22% Aug
•Jun
175
>
2%
2
—
91
July
July
104
36% Jan
107
168
168
60c
*
Advert
Sec
Corp
18
—
Feb
35
:
7% Apr
22% July
26
17% Mar
26
162% 163
com.*
cum
Alcohols Ltd
Consolidated
18
162%
101
22
,
98%
109
Jan
17% Mar
'
'
B
17 %
50
27
Ltd
27
9%
1,450
41
98%
109
100
Ltd
General
98%
*
common
5%
40%
—
63
22'%
109
1
Ltd
Products
■
11
22
Ltd—*
B
Co
Westinghouse Co
Dominion
Canadian Converters
*
cumulative preferred.—
Food
__
pfd—100
pfd
100
Inv
11
22
•
class
Ltd
Vickers,
Consolidated
Sep'
100
preferred
July
37'/a Aug
Jan
Canadian
11
1%
6%%
Paper
July
'
31
Feb
133
Jan
12
Jan
27%
30
104
pfd
preferred..
cumulative
5%
9%
•
_
71
26%
25
7%
Feb
106% Aug
786
108-
Canadian Car & Fouucrry common——*
■„-
60 "
1,957
104
6%
Jun
Jan
205
•
12
8%
4%, Jan
92
13%
'
23
Sep
145
32%
23
17%
10%
42
23
Industries
400
•32%
*
Dredge & Dock Co.,
71
42
Canadian Bronze tammuiu.-.-.:....^*
Preferred
^__:jl—:.100
Feb
Jan
Canadian
4%
4%
5%
17%
Canadian
18%
*
100
705
Sep
13
"B"——_*
7
Jun
10%
•
common—;
760
.
54
22
9
69
Corp—__—*•
common.:
8
104% 106
100
common.^..
Power
7%
100
—
Feb
7
Ltd
Canadian ' Marconi
Canada Cement common———*
12%
22
Power
cumulative
65
7
17
7%
29
22
Jan
Feb
Ve July
July
July
11% July
Jan
*
Mar
8
4
5%
J*
Sugar Co
& Cable
High
Jan
862
Ltd—..5
Ltd
Co
65c
8,175
Ltd
Ltd
Dominion
3
Vane
Co
Packers
Jun
28 ye
Jan
Oil
Canada
Feb
157
Jan
&
Aug
15%
Jan
Jan
2
17
.....
109
12% Mar
190
27
8
——_5
54
Jan
16%
17
54
151
25
3%
■
*
54
15
13%
27
■
100
—
21%
157
24%
"3%
MmsIIIIIIIIIIIIIIIIIIII*
Silk
13%
24%
#
•
preferred
&
1,082
109
157
:•
XI
f-*tOCQ
109
13%
7c!o
100%
20%
156 %
Mar
133
Power
Range Since January 1
Low
26%
261
25
—_•
24%
305
102
18%
*
P
&
25%
Jan
Feb
25
109
2%
100
105 %
102
Canada—100
Paper mass A
as
Telephone
Brazilian
-100
—
—
Bathurst Power
2%
6%
Paper common
preferred.
—*
July
88
25
~*
"Apr
11
Feb
20%
•
.
common—
Shares
High
Abltibi
8%
109%
of Prices
Low
113
450
107
Sale Price
Par
High
Feb
111
10%
102
Aluminum Co of Canada pfd——50
;
50
108%
*
common——
STOCKS—
Range Since January 1
Low
113
10%
:•
—
Shares
High
113
113
10%
9%
8,7501
14,100
55
13V4C Jan
9c
Jan
8% Mar
Sep
1.60 July
21c
Aug
11
July
■
Si
•
Lawrence
Class
Corp common,
preferred
A
St Lawrence Corp Flour mills
St.
Lawrence
com_
Paper preferred
Steel
Canada
of
Co
17%
3%
735
17%
685
11%
Feb
35
35
150
24
Feb
44%
44%
110
32%
Feb
17%
35
18/8
512
16% Mar
-100
•
18
-
Preferred
Aluminium
35
Sep
Aluminum
47
Jun
Anglo-Huronian Ltd
common
,
11
11
50
10% Mar
11%
Jun
Aquarius
69
69
41
59%
Jan
72
Apr
Arjon
66%
Jan
76
76
152
10
5
-
75
152
76
5
250
125
Co.
common
25
81
May
109
370
106
Jan
101%
101% 102
180
100%
Jun
102% Feb
47c
Jan
84%c Jun
„
of
Canada
pfd. -100
5%
71c
70c
»
—
90
106
■
•
July
19%
Ltd
*
5.50
—
Porcupine Gold
Gold
Mines—
*
Apr
Armistice
Apr
156
Feb
Ashley Gold Mining
6
Apr
Astoria
May
58
Jun
Gold
5.40
42 %c
——.—:
24%
5.60
58c
58c
24%c
Mines
Jan
90
Aug
133% Mar
90
108
100
_
_
18% July
*
Power—
Canada
3%
17%
*
Shawinigan Water & Power
Southern
3%
.
—50
c 26
38c
%C
43 %c
3,550
400
3.00
Jan
5.60
500
20c
Feb
68c
16,400
22c
Jun
33c
20,500
53c
Sep
July
July
Apr
35c
July
3c
May
5%c July
2%c Jan
12%c Jun
'
Tobacco
Tuckett
United
Steel
Wabasso
Wilslls
preferred-,
_
_
Cotton
w:
___
Electric
—
*
i
:
»'
common—;
Preferred
—
—
Mfg
preferred
preferred
56%
450
47
18
225
17% Aug
19% Mar
1,490
2% Aug
8% July
6%
6%
56
6%
20
56
__
63 Ve July
Bank
of
95
168
65
Feb
95
Aug
Bank
of
225
24
Jan
27
Aug
Barkers
Base
131
_
_
see
page
43
159
15
252
—
Royal Bank of Canada——^
footnotes
5
140
159
Montreal
131
140
100
979.
-100
252
252
150
148
150
%
Mines
Nova
Metals
132% Aug
Bathurst Power
Jan
144
Aug
Bear
Mar
Beattie
160
35
223
Jan
254% May
122
132
Jan
150
Aug
2nd
Mines
10 %c
class
&
Bros
class A
1
10%c 11%C
■
*
2%
•
•
A
14c
2%
36 %C
1
1.60
*
•»*»
-100
160
•
2%
13 %c 14c
13%
__
Radium
_
160
251% 251%
100
Gold Mines Ltd
preferred
3.25
2.92
14 %c 17c
-100
Common—
Exploration
Beatty
5c
11c
15 %c
Mining
Mar
7%c
3.15
Scotia
128
Jan
Ltd-
Montreal—:
Bread
5c
5c
9%c
Consolidated
129
147
—1
Mines
Bankfield
26%
1
Canadianne
For
Jan
——
Quebec Mines
Gold
95
—
_
_
Banks—
Nova Scotia
21
Aunor
Bagamac
26%
—
__
4%
17%
•
-100
Woods
Zellers
152
56
—
*
L—
Ltd
Winnipeg
-100
*
Corp
35c
1.43
13%
38c
1.61
1,000
390,450
38,133
21,200
4,966
1.35
4c
15
150
1
227
500
4,000
Jan
8%c Jan
85c
8%c
May
3.24
Sep
19 %C July
15c
July
Aug
161
Jun
259
Feb
3
July
Mar
Apr
17 %c July
Mar
15
July
8,900
10c
Jan
49 %c
Jun
91,050
70c
Apr
1.61
Sep
25
12
19%
25
is
Feb
19% July
113% 113%
15
110
Jan
113% Aug
19%
THE COMMERCIAL
Bell
Bralorne
"914c.
21c '■>
—
"125
American
Oil Corp—
Bunker
Mills
Linen
Caldwell
Class B
22%
Jun
235
17%
Apr
26
July
190
23%
Feb
29
July
Jan
56c
Sep
Mar
72c
Aug
19 %c
46c
814 c
10c
19,500
1,400
4%c
Jan
13c
3.45
1.60
Jan
4.00
July
International
Jan
9c
Jun
lniernational
Nickei
Aug
International
Aug
Jack
13
115
5%
4c
1.62
3,630
25c
'
25c
400
6 %
6 %
10
53
53
53
7%
396
8%'
Feb
'
'7
Jan
1.15
3,110 :
11% July
Feb
4
25
1.52
25c
9%
50
10%
5%
1,75
3
55
148
...lOO
36%
Feb
10
10
6%
Feb
12
July
Lake
79 %
Jan
93
July
Lake
Jan
150
Jun
6%
Jan
14%
Jan
38
May
Lapa
Jan
65
July
Laura
2%
6%
Jan
90
105
66
115
129
4%
Jan
Canadian Wallpaper
20
22%
11
1,500
117
5
1
28c
3,500
1.78
54,654
2.45
105
12,438
12%
12%
375
20c
-
20c
2,000
r
Jan
134
Aug
Feb
25
Apr
Jan
38% July
4%
257
.
Harker
Gold
Gold
25
Feb
42
10c
Jan
24c
2,100
80c
Feb
80c
Aug
July
500
3c
160
25%
29%
1,298
18%
Jan
4
142%
Jun
162
200
50%
13
footnotes
Feb
50% Aug
9% Mar
51% Aug
Jan
30
July
108
Apr
10
5%
Jan
10%
6%
Jan
10
1,140
2%
Jan
265
3,000
29,500
32,900
3,435
28
23%
842
15,575
26
7c
23%
25
♦
92%
Feb
1.09
3%
Jan
80c
Apr
3.10
Jan
Jun
July
8
July
14% July
10c
Mar
21 %c July
1.65 July
7%
Sep
1.62 Aug
4.80
Jun
22% May
26
21
Mar
7%c Aug
Jan
24
19%
9,500
18c
May
35c
100-
Sep
8%
3C
18c
Aug
77
Jan
85
May
8
Feb
13%
Jun
3c
Jan
9c
July
lc
12c
lie
13c
87%
87%
57
1.20
Z"'
441
i
>
;
—
<' 5%
•
20
:
;
7c
6
20%
.
Pacana
Pamour
Corp
•
1.70
Ltd
l.l¥
Photo
100 % July
4%c
Jun
5c
6% July
23
July
6% July
1
30
1
*
1
1
1
3.35
3.60
—
6%
;
35
35
1.85
1.85
4%
56c
4
.
55c
4c
4c
35c
31c
13 %C
3 60
200
7
170
35
1,351
1, 85
4%
58c
4%C
35c
13 %C 13 %c
10
390
15,160
3c
Apr
14c
Sep
Sep
7%c
Jun
i
Mines.......
5,900
2.35
20,070
_
50c
4%c
,:•■
20
....
1
2.50
4%
33
1.85
Jan
Jan
Jun
Sep
3
May
4n«
Mar
3.75 July
8
Jun
35% Aug
1
44c
1.85
4%
69c
Sep
Sep
End
Apr
6c
Aug
Standard
17c
Jun
35c
Aug
Steel
10c
Jan
17c
Feb
2c
Co
9%
Jun
1.95 July
1
Mines
1,860
.
3%c
.
110
55c
50c
———
Canada
common.
July
Aug
2c
12
1.86
6c
Jan
Feb
18%;july
3.60 July
Mar
Jan
Jan
9%c
Jun
Mar
49 %c
July
16% Mar
19%
Jun
4c
Feb
2 Vac
18c
Jan
1.05 Mar
'Jan
1.04 July
,9%
10
51c
150 %
May
3,540"
48c
9c
-r
132% May'
2c
7,275
58c
Apr
July
<25
'
85c
93c
54c
3%c
Sep
Apr
7,000
8.90
101% 101%
.
Jun
,
2,600
89c
11%
22
Jun
12c
9%c
Jan
May
Aug
13,762
17%
19
58c
Jan
2c
205
3,600
19
2.35 July
Jan
6%c
Aug
1.08 Aug
12
25
67c
5.75
Jan
9% Aug
10
•
8.90 Aug
;
•
Jan
10
Feb
20
Jun
12
% July
30
3%
Jan
95
86%
Jan
102%
Jun
9,710
39c
Mar
60c
July
28,350
29c
Jan
51c
Aug
l%cMar
3%c Aug
2%C
2%C
3%c
7,500
5%c
474c
5%c
33,000
3%c
Jan
8c
Jun
2%
2%
850
1.10
Jan
3
Jun
♦
9
9%
120
7
Jan
10
——*
5
5 %
350
4% Mar
69%
76 "
155
...1
Co
........
..
90c
Jan
25,650
90c
31c
1.07 Aug
,
'
152
2,800
6%c
17%
1.72
2.50 Aug
Aug
45%C
11%
i
Gold Mines.,
Petroleum
Radio
of
Preferred
.13%
Jan
22
:
_•
2%
Julv
1,000
Mar
1.25
Jan
8.10
91C
.100
Standard Paving & Materials com
Preferred
12
.••1.28 May
15
44c
85c
19
Mines.....
Malartic
Lake
South
Jan
26 % July
6%c
'",3c
........
Preferred
4%C
3.55
.
17%
1
*
Slave
1.05
Jan
"
Mines— —1
Mines
3.40
,
6%C
—il
Ltd—
....
Shawinigan Water & Power.——
Shawkey Gold Mining——....— ZIi
_50c
Sheep Creek Gold Mines—
Sladen
Jun
9
;
18%
"17%
17%
Sep
74c
125
190
3.50
Aug
5% Aug
21 %
60
20
,
4%C
—50
:
"A"
Mines Ltd
River Gold Mining.—
Gold
20
190
II10
i
23%
.100
Gold
10
23%
23%
.._*
—
Pherritt-Gordon
8,000
6c
150
-
common
Corp.
75
23%
23%
148
148
6,500
4%C
6c
.100
500
12c
12c
1ZI
Mines
3,847
53c
50c
,4%c
f
Gold Mines———.:
Antonio Gold
2,400
5,000
1.05
2.18
2.27
Mills.——.—
Long Lac Gold
Siscoe
52
Feb
4% Aug
Jan
83c
79c
1.00
Simpsons Ltd class A——
3%c
39C
Jan
24c
Jun
35
July
4%c Feb
.
Apr
Jan
7%
■
May
58c
ll%c
—*
13
5%c July
10
50c
,
I—II
1,600
Jan
1,000
85c
1.24 Aug
;
17 %c May
45
Sep
Feb
Aug
Jan
52c
18c
5
10
710
5%
2c
103
.
Jun
2,100
—i
Class B
2,500
39,410
Jan
,3c
4%
1.07
18c
Aug
57c
,1
95c
I.Ii
Sigma
1
52
85c
83c
—1
July
200
32c
5%
..-.5%
Silverwoods Dairies common——,
23
3,000
4%
9c
:.;:;
Jan
1.07
7%c Mar
92,540
28c
88 Vs
7,575
\
I3%c 3%C
32c
.
5c
-.'j
;
i
Jan
125,000
5c
'"l;-8
•
Senator Rouyn,
July
Apr
7,500
...
Sand
7%c
50
1.12,
'
;
May
July
11% Aug
2% Aug
Apr
5,850
13,650
2%c
3%C 4%c
101
1.10
6,500
*
,
4V2C May
1.95
1,000
12 %c 14c
100
13
Gold Mines—.
Lawrence
%
2%
150
.
2.50
Dome
Silk
72c
■
,
1.90
Russell Industries
San
;',-■
July
60c
Jan
Jan
2.45
Bank of Canada
Royalite Oil .......—
St.
8%
2%c Aug
1.95
Royal
Aug
38c
Sep
1.10
Mar
2.48
Queenston Gold Mines
Roche
61c
i
...
trust
Premier Gold Mining Co
Riverside
430
5
Z 3% May
Gold-^l.—.
Rouyn
East
Aug
75,560
4%
•••
Jun
1.75
75
2%
4%
July
2.00
Apr
77,500
2%
35c
Jun
1.00
;
2%,
Feb
4%c Aug
1.16 Sep
•
1.25
12,595
2,850
.
8%c
800
i
Mines
3c
3%C
1.04
Z
coo
v;"-, 5
85c
So
14c
Apr
58c
v
—1
1
20c
52
July
1
500
:>■
tr?
-
Sep
52% Aug
Jan i
C—...
Gold
Aug
465
May
63c
Voting
Preston
74c
29c
July
52c Aug
1.85
2%c
1.00
■
11c
Apr
1,000
60c
5c
% May
7%
Sep
Aug
62'/a Aug
'
Feb
102,937
2%c 3%C
...
Pioneer Gold Mines of B
Powell
1.05
1.16
1.75
Engravers & Electrotypers
Pickle-Crow
35c
3,500
Jan
2.00
1.10
3
7
July
20 V4
3%c
52c
Securities..—,
•
H
1,000
,' 5
Mines...:
Mines
Gold
Perron
Jan
Jan V1'.
1.01
common...
Credit
Peoples
6c
40:
3%c
Paymaster Cons Mines Ltd.......
•
3,900
/
4%c 4%c
16
7
Sep
9% July
28'A Sep
1
1,500
56 %c
1
25%
,
Jon
4%c4%c
.
Gold
-
50
I
Ltd—,
•,
5%c5%C
.1
Penmans
10,000
1.85
49%.
1
20
*
190
Jan 1 : ./.•.
60c
Mines
■65
•-«••(?
■
38
1.00
Mines..
July
Feb
;:;.
-
111
101
Malartic
July
14%
48 %
v-
Jan
Mar
'
Aug
May
Jun
27
-
Apr
Jan"
49%
Pantepec Oil Co.—. .1 Bol
Partanen
15c
525
40c
12
29c
....
395
'
10c
1.50
450
—
2.24
;:
10
Co
5%-
•
—
■
V' 44%
•
"
28%
1.75
Gold
Cadillac
58
May
24c
Jan
Jan
20
I—l
Ltd
Mines
Porcupine
Pandora
95
3
7%c Aug
24% Jan '
182
1.25 Aug
•■/■;
K" 61%
62
43b
47c
43c
J'»:
Page-Hersey Tubes
Jan
100
;Z
-9
8c
Ltd—
Oils
Jan
May
324
48
190
27%
—1
...
20 %
preferred
,
48
190
.$fi
Apr
Jan
1.22
260
•
Aug
56
Apr
28c
7,470
27
20
5%
Co Ltd—
26%
5c
Aug
104
Feb
•v'
4,600
37c
-25c
20%
—*
34c
4%
Jan
5c
Jun
July
July
9% July
Jan
32,015
2.24
2.00
A
Orange Crush Common
51%
500
21 %c
20c
%C
■
Ltd...
62
3c
Apr
6c
Jan
11c
500
26%
Mines
15
-
7
9% Jun
17
Jan
47
83c
>r
8,515
6%C
6%c
:
6
92%
■20
55
:
1.20
1.15
l
20
36,400
57
7c
*
May
;
'
2%c Mar ..V:-'
210
814
.
54%
.—5
—
July
70
3,000
3%c Aug
-
lOVi Jan
t
1,000
;
104
103
—I.I5
Oils
2c
class
Gold Mines..—.
Nickel
1.,
Omega
3,300
979.
I
e%
Quemont Mining Co...
40
6c
Jan
22
62
Reno
'
5%c
Jan
Jan
..20
Co
July
400
12%
Jan
14J/a
28% Aug
Jan
1,035
99
12%
Jan
Feb
2%c
94%
78 %
540
8%
4c
4%c Jan
12,100
31c
30c
Aug
11% July
245
•
7%
6c
33
8% Mar
845
;
1.63
27%
Jan
22
725
\
8c
26
92%
5%
Feb
.7
Okalta
Ontario
3%c3%c
—
page
.
1,000
48
..
Gold
O'Brien
Preferred
Gold
see
14%"
30
-•
;
20%
20
Corporation.
St Anthony
—
:
%c
4%
1,000
July
July
3.15 Aug
Apr
4V2
V'.,-. 545
20
20%
2.17
Preferred
15 %c Aug
Highwood-Scarcee Oils Ltd.
10
7%
•
10
North Star .Oil common
29 %c Mar
.
6%
1.65
,
•1.45
.•
Jan
^
Corporation.,
Pipe
Mining
Apr
July
J*
:
....
Empire
Jan
Mines
1%C
6%
2.22
Jan
5%
Preferred
20%
16 %C
6%
30c
July
105%
13%
7c
15c
27% ;
29% Aug
167
560
9%
12%
,
July
1,360
33
9
15% C
4%C Apr
36
28
33
:
55
9%
Jan
Aug
106
104
9
v
Jun
4.00 July
Jan
1.51 Mar
70c
150
July
50c
108
:
34%
;
Aug
Normetal
10c
Hasaga Mines
For
5
3,900
41
Jan
21% July
:•
5c
Northern Canada Mines
Northern
12 %c
common..
80,730
1 %C
•
Mines
3,000
Carpets
Rock
Mar
1.50
Norgold
4,000
Lime & Alabastine
Halcrow Swayze Mines.—_—
Hard
July
Nordon Oil
39,950
Gypsum
Harding
Aug
33
4%
Aug
22
8%
—1
Mines
3%c
:
Theatre
Preferred
17%c 18c
Mines
Gold Mines Ltd——
Hamilton
Jan
3
1.13
1.00
V;
.
5c
National Steel Car
21
•25%
105
.———*
Cotton
3.15
Natl Grocers common*—
14% c 15c
Hallnor Mines
2.30
9,715
18,350
36,290
2.81
O
100
1
Halliwell Gold Mines
Apij^
1.42
14%
common....:
Sep
123
27
Mines—1
1
—...————
Preferred
Hamilton
Corp
20c
63
162
——'*
————
Hamilton Bridge
Mar
3%c 3%c
23%
Great Lakes Paper com v t c—
Preferred v t c
Gunnar
Moore
:—
1
—_——_—1
Common
18
466
7%
Light Heat & Power..._
Sewer
50
34%
...
Mines
Gate Mining
Feb
2.20
37c
Petroleum
100
•
18%C19C
...—__—.*
Eagle
Jun
3.95
,
Porcupine
National
37%
80c
*
Mines
Jan
19%
21%
Feb
4'/4C Aug
•
8%
Mines.—. __1
Mine?
National
24%
134
41
preferred—100
100
Mines Ltd
Wihksne
Moneta
Gold
Jun
1.50 Aug
37%
Goodyear Tire & Rubber of Can com..*
Preferred —
50
Grull
2.68 Aug
24%
class A.
Mines
16c
:
67c
1.36
-5
Mines
13%
46 %
133
134
•
*
——1
—1
Goldale Mines Ltd--——...
GrandoTO
,
Jan
Falconbridge Nickel Mines
Golden
?
37%
4.10
Gold
'Jan
9% Jan
350
4.05
Gold
2.15' Apr
,
Jan
60 %c
1,030
Aug
13% July
10,700
79c
22
'
9%c
Aug
May
2.14 July
Jan
44%
4.10
God's Lake
lc
58
\
Jan
1
Aug
15
1.47
General
1.74 Aug
14c
47c
Jan
1.51
Glenora
1.35 July
Jan
%p Jan
75c
S':'i
Sep
July
5.95
'
21,525
1.10
2.05
•
Mining Corp of Canada^
9%
1.32
Gillies Lake-Porcupine Gold
McWatters
Sep
100
1.61
57?
Feb
117
14%
1.35
Co
1.35
Graham
Noranda Mines
Easy Washing Machine Co.————*
Eldorado Gold Mines——————1
Power
McVittie
44
1
5% ch preferred
Steel Wares
Feb
Nipissing
——*
Malartic Mines.——
1
Gatineau
19%
Sep
65c
I 26
Jan
9%
4,300
v.
16 %
54"
May
3%c Jun
•v
Apr
1.40 Aug
Mar
3.65
.
12c
Jan
22
5
460
r
V
•
Negus Mines
5%
—
:.w''
3.75
'
1%C
*
Mines
Lake
Red
4% July
5%
Gold Mines
McKenzie
1,25 Aug
9%
Francoeur
Mclntyre Porcupine
1.30 July
8%
of Canada
10%
10,000
3%c
21
*
Sep
,
Jan
9%
Co
6,974
Mar
89c Aug
May
13%
100
Mar
5
8%
Ford
-Jun
•
Aug
8.75 Aug
40c
Jan
9c
58
75c
2.98
-
Preferred
85c
44%
Investors——.50
....—2a
Canadian Corp
55c
40c
13
3%c
7/
-Jan
500
16%
*
'21%
1
McCoIl Frontenac Oil common—*.,
80c
50%
Farmer Candy Shops
Kirkland Mining——
Jun
Aug
500
Steel com—-*
Duquesne Mining Corp
East
Crest Oil—
10
Aug
14
Jan
4.75 Jan
20c
3,200
81c
1.20
1.06
1.36
Mines..
12
,
Apr
54c
Aug
9c
Aug
2%C Aug
,
Jan
10
;
800
8,865
v
10
21
20
2,600
——*
Fanny
95
26,147
-•
2.20
common..
4
common.—*
Dominion Woollens & Worsteds com—*
Preferred
—20
Federal
Vac
Apr
Feb
3c
25c
1
l%c May,:-
419
preferred—-__-10
common
12% July
14%
class B__.
Famous Players
Jan
14
32c
6%c
3.80
^
-
—"
.*.
July
13c
8.75
78c
1
Preferred
1.24
Dominion Tar & Chemical
Eastern
2,000
.
ic
6,835
23
'
1.09
-_1
Mines
——...
1.20
9%
—;
Maralgo Mines
4
—————
Stores
Dominion
7,100
2c
21%
—
1.20
•———-—100
Scottish
6c
.
2,000
10c
Mal¬
58
'.
A
■
Eastern
Milling
1.14
—————————T—100
Dominion Steel
3c
25c
6c
5.75
:
'
Fabrics common
Dominion
3,500
23
■
13
•
.1
Gold
Gardens
Massey-narris
68c
1.00 Jan
1.49
28%
preferred
1
class
Fields..
and
Leaf
Jun
26
6%c July
1.40
1.43
Dome
1st
16,225
2.45
-
Mines-.
34%
Preferred
Manitoba
Sep
5%
Jan
8,400
1.48
Mines
Dominion Foundries &
16%
95c
117
12,100
24c
25c'
1.55
Ltd
—1
common.—*
Mines.-——— —I—
——*
Dominion
Jun
July
35
Feb
12c
10c
12c
»————*
—
July
19
Jan
1.60
1.56.
1.56
1
Ltd——5
Bank
Ltd.
Lake
Gold
Malartic
140% Aug
Mar
7%
7%C
15%
3%c
Ltd
Mines,
Red
Montreal
Distillers Corp—Seagrams
Dominion
1.25
1.00
1.00
—4--——-—--^-}
Nickel
Macassa
Preferred
Jan
10
24 >v July
6c
1
3
Madsen
Maple Leaf
Jan
10
23
_*
Maple
'
36c
1:.
Class B
Jun
3%
22
Jan
•
1.35
—
Petroleum
25
117
(Toronto)——.—100
—*
100
common.—— *
——————-————50
Mines
V
18%
18%
30
-
1.25
Imperial Mills
Delnite
2,587
117
Nest Pass Coal Co
Denison
12
1.25
Consumers Gas
Davies
11%
1
—
Mines———
Dairy Corp
Preferred
128
2,150
.100
—,—-
Bakeries of Canada—*
Consolidated Smelting
—5
Crow's
>"
60c
54c
Consolidated
Cosmos
45
135
17
1.11
100
Mines
Groceterias
27% Aug
Jan
5%
16
Ltd.—
Gold Mines,
37%
15
35
Jun
2,110
ll%c 11 %c
Long Lac Gold Mines Ltd*.*.—_•
Jan
360
5
July
22%
5.60
Candy
Mines
Aug
<
17%
35
———*
———*
National Co——
—1
Coniaurum
31
27% Mar
'
100
116
39%
77c
V
Mines
MacLeod-CocKsiiutt Gold Mines.
11% July
7% Mar
26
Jan
Jan
Jan
13%
79c :
*
1
common
Aug
14
27%
90
112%
30
265
;
Aug
33
8.15
l.is"
l
July,
.'.23
275
17
11
————1
Larder Lake Gold Mines..*!
Mines,
Jan
Jan
115
12
Chromium M & S Corp..
Conduits
19:
Feb
54c
Mines————1'
—
9% July
Jan
6%
July
48c
July
10%
36%
21
Chemical Research
Coniagas
160
29
42
133
class B
Wiilans Gold
Plow Co—,
Leitch
Jan
37%
5
preferred ———~—
Castle-Trethewey Mines
—
Cockshutt
50
35
"A"
Pat Gold Mines
Oro
Little
Aug
40
Wirebound Boxes.——
Commoil Ltd
9%
28%
17
Alcohol
Lebel
Aug
5
140% 140%
-—•
Gold Quartz Mng.
Cochenour
13%
335
9%
-100
Carnation
Chesterville
',115
July
100
714
32c
il
Banking* & Loan
Secord
"I
13%
8.70
Co.—:1
Ltd
Cadillac Gold
Aug
142 %
Jan
1.35
28
36
Industrial
Central Porcupine
■■::•% y 5
13%
9%
Locomotive Co——-—
Malartic Gold Mines_
——————25
Pacific Rv
Central
9
23
9
28%
Canadian
Cariboo
255
22%
Canadian Dredge & Dock—
Canadian
42
41%
.
3,650
4%
4%
.
42
Canadian
Sep
90
Jan
142
36%
—
Landed
8%
Loblaw
——
—
of Woods
59
1,100
17
Jan
15
97
5%C
,
1
Mines,
Lamaque Gold
31%
20
Jun
Shore
680
V
87
——
——
July
270
:
140
Celanese common-
(Janadian
Gold Mining
41
13%
Jan
90
,:-':
3c
;1
Kirkland Townsite
5%
■
_»»>___!
Lake Dufault Mines Ltd..
36
preferred—
Canadian
Lake
Jun
63
141
Ltd common—
preferred————- __20
Conv
preferred
Canadian Car & F'dry Co Ltd corn-
Food Products
Kirkland
Mines
Bay Mines.
Aug
13
Mar
10%
115%
2c
Canada..
Gold
Hudson
42
34%
1st
Canadian
of
Kerr-Addison
43
63
6
•
Preferred
Preferred
Kelvinator
Kirkland
106
63
Mar.
26c
23c
Z,
5%C
'
Jun
34%
*
10
1,328
16
97
21%
.1
Jan
124
July,
Sep
17% July
12 % Feb
11% "Jan
110
•6%c
l
70
180%
6,650
35% '
Mines
Jan
4,277
12
,
Jan
157
13% July
Jan
55
17
45c
114
7
is
i6%
91
Jellico
26
20
130
68
180%.
15%
23c
92
40
12%
:
35"
"/ 3c
10
90
16% Mar
35%
l
45
148
Sep
32% Mar
Jan
11%
115
_i_l
45
I
30c
17%c Jan
Jan
»,97
Mines
30
147
•
13%
common.—*
common
.
Jacola Mines
40%
Canadian Canners
Canadian
Aug
8% July
Jan
July
7%
40c
/,
16
1
J M Cons Gold Mines—
July
6c
26%
22%
—
4.10
Apr
•
5
i6%
H%
45c
__100
Co
105
90
—-
16%
common..._..„.»
Mining
Jan
3c
306
180
preferred——100
Waite
Sep
2.65
12%
66%
66'/8
180
100
Milling preferred
,12%
Jun
Aug
May
4%
5
New
Jun
Feb
40
July
35c
Jan
21c
——
Preferred
"A"
Jan
31%
12
*
—
30
Z
41
common—-*
Preferred
———100
Canadian Bank of Commerce
100
5 %
Preferred
104
30
Ltd
Canadian Breweries
Feb
17
Mar
l%c July
3,000
4c
3%c
1
3%c
22,300
—
.
26%c30c
Petroleum—-
1.60
•—50
& Cable Co Ltd cl A—*
Bakeries
International Metal common A——
,
High
16% July
Mar
30%
———*
—
24,000
————
———--
B
'
4%c
14
•12%
& Erie common——————100
10
Steamship Lines
Wire
Jan
Class
80,425
—-—
Permanent Mortgage
Canadian
17%
17
2,507
5,500
Jason
—100
*
class B
Canada Malting Co
Canada Northern Power
Canada
1,140
8%c
8,425
3.75
3.42
31
Imperial Bank
—————100
Imperial Oil—.
—;
_*
Imperial Tobacco ordinary—
5
Inspiration Mining & Develop.——.1
69c
8
Preferred
Preferred
Jun
5bc
Canada Cement common
Can
Aug
28%
28
10%
—*
...—■*
Canada Foundry
Canada
26
14% Jan
2314
1614
8.50
*
65c
4c
——~——-50
Canada Packers
Jan
1,715
22
7c
3,287
4%C
„•*
class A—*
50c
Co common——_•——-
'
;
Jan
23%
Mining & Smelting
Hudson Bay
Hunts
3.20
Calmont Oils Ltd-———-—
Canada Bread
7.40
10
25
12%
————:—_1
Gold Mines
Rowey
9c
—*
Corp Ltd
345
.
15%
11%
——1
55c
16%
common.
Calgary & Edmonton
Aug
15%
3.55
Gas Ltd
Homesteal Oil &
68c
common——*
Steel Co
Burlington
Mar
24c
11% July
15%
Oil————-—
Nome
Low
High
120
1
26%
Ankerite Gold Mines—-——
Buffalo Canadian Gold Mines
——*
Products Ltd—
Hill Extension Mines
12c
Jan
Sep
22%
Buffalo
Building
Jan
40%
21%
2614
---:——'
—
8c
9%C
11%
—
class A—
British Dominion Oil—————*
-1
Broulan Porcupine Mines, Ltd-.
Columbia Power
Brown
Jan
Range Since January 1
Shares
12%
& Dauch Paper————
Hollinger Consolidated Gold Mines. —5
Hinde
for Week
Low
_*
Huron
Columbia Packers Ltd———
British
Aug
J an
8,000
26.
24%
24%
22
Oil——
British
9
6 %
4,600
21c
26
Brazilian Traction Light & Pwr cornBritish
Aug
29%
20,
9%c ioy4c
20c
,11
—
preferred.
Cordage
Brantford
i
*
Gold
Sep
63c
50
9
40%
,
40%
1
Ltd
Mines.
Mines, Ltd-
Mines
Boblo
Bonetal
8%
Zso
Corp preferred-
Ribbon
Blue
158%
Jan
93,500
38c
35c '
8%
_0
Jan
9%c
'
3614c
1
Bidgood Kirkland Gold—
Biltmore Hats Ltd—
140 %
257
158%
157
157%
-100
Telephone of Canada—,*..
Sales
Range
Par
High
Low
High
Low
Par
Week's
of Prices
Sale Price
Range Since January 1
Shares
of Prices
Last
STOCKS-
for Week
Range
Last
.ale Price
Friday
Sales \
Week's
Friday
STOCKS-
Monday, September 6, 1943
& FINANCIAL CHRONICLE
—*
—25
68%
75
80
5 %
Jun
Aug
59%
Jan
73
Apr
66
Jan
76%
Apr
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4209
158
Week's
Friday
Last
Par
>
Steep Rock Iron Mines
Sud* Contact
Sullivan
Low,
-
2.30>
.
Mines
1;
"IZi
4%C
26,800
5c
5,300
88c
14,900
2.05
2.25
2,075
2.05
1.38
2.25
Jan
Wrlght-Hargreaves Mines
Aug
Ymir
Yankee
Girl
3.45
Range Since January 1
LOW
6%
55 Vi
55%
•
,
3%
290
8%c
34%
62% July
Jan
4.20
7'Ac Aug
500
34%
Jan
2.50
10,385
9%c
High
8% July
Apr
20
56
55%
3.60
3.35
Gold—
Shares
High
6%
6%
—WO
—
———
Aug
90c
Jan
65c
Preferred
Low
*'
Winnipeg Electric commons-
for Week
of Prices
Par
2;57 July
5c < Sep
Sates
Range
Sale Price
High
1.51 Jah
2Vic Jun
■
.78c
i1
Mines——j;..
Cons
Sylvanite Gold Mines; Ltd.——
Low
2.35
STOCKS—
Range Since January 1
High
2.20
5c
>
Week's
Last
Shares
of Prices
.
Friday
Sales
for Week
Range
Sale Price
STOCKS—
■
979
$1,000
Apr
lO'/aC May
Bonds—>
Tamblyn Ltd common—
Teck-Hughes Gold. Mines —
14
__
14
.14,
.
25
14
10% Jan!.
1.85
Jan
Toburh Gold Mines—
75
7
68
Jun
81
25
68
Jan
86
Feb
15 Vic 15 Vic
500
10c
Jun
180
Feb
59c
66c
73,550
35c
Jun
Aug. 28 to Sept.
80
5
Apr
77% Aug
74c
80
.100
80
Aug
:
9
July
1-50
Mortgage
Towagmac
74
.
—1
Exploration Co
i 64c
Transcontinental Resources
Twin City Rapid Transit pfd
—100
Onion Gas Co of Canada
_—*
United; Corps
Ciass
.
13 %
B—w,—
-
Upper Canada Mines Ltd
Z~Zi:
,
Preferred'
1,912
23c
28c
5.60
5.70
27c
/v 380
47
97
19
Jan
19c
Jan
20 %C
2,750
Ltd
85
85
16%
Wiltsey-Coghlan
Jan
8
Jun
Jan
90
Foothills
117
Feb
122
Aug
July
12
Feb
17
July
Pend
94
Jan
105
Sep
105
105
:
5c
l%c May
5,000
4%c
4c
4%c:
Mines—-
„
Construction
Dominion Bridge
3
55
16 V*:
100
Mar
Steel
Oil &
8,000
50
6
Feb
15
6%
Jan
2
2
100
Sep
3% May
1.80 Jun
1.20
Jan
3
Jan
10
70
Jan
91
10%
15
10
May
11
27
27%
180
25%
Jan
31
1.45
600
78c
Jan
1.75
7%c
Apr
25c
1.05
Jan
1.90 Jun
5%c
Jan
10c
20
Apr
27
200
•
5 Va
10%
1.45
1.42
Gas—
21 %c
—-——'-I'1
25C
27,500
1.60
1,800
8C
4,500
17 %c
Oreille Mines & Metals———1
1.54
Temiskaming Mining Co-—1
Thayers 1st preferred-—
July
Aug
9'A
1,200
1.30
5%
86
10%
Qgisko Lake Mines
14
Jan
86
1.30
5%
————'
...
—*
—
1%C Aug
%cMar
l%c
12%
9%
85
.
High
l'Ac
Pfd—_*
Co
Low
12%
9%
Consolidated Paper Corp—_—«
— *
Gravel pfd—100
pisher
Range Since January 1
High
9%
*
———.i,——^
Co..————————.5
-
Shares
l%c
L
Breweries—..
Consolidated Sand &
60
77
85
common-
Coast 'Copper.
5
85
1.00
tow
Canadian Marconi Co..—1-
507
85 ?■■■;«,
Preferred
24c
,
Bud
Vinegars
40
—...*
Grocers common
Canada
240
6%
6%
Trethewey Mines—
Canadian
56% May
21% Aug
Jan
21%
20c
Brett
for Week
Range
Prices
of
Sate Price
Par
5.80 Aug
3.40 Jan
6,475
56%
6 %
*
Apr
Sales
Week's
Last
1.78 Sep
9Vic Jan
162,450 :
Feb
Exchange-Curb Section
Friday
STOCKS—
6.90 July
29c
Jun
56
20%C
——1
common.
6
45
Feb
-
Canadian Funds
Feb
Jan
26
both inclusive, compiled from official sales lists
8
July
Jan
4.40
21
56
16
,
Toronto Stock
July
37
Jan
95c
25,870
5.65
Preferred
Westons
1.78
6.55
com..—*
Wendigo Gold Mines
Western
1.68
6.10
^/——.i*
Western Canada Flour
7%
26
32% Jan
4ya Jan
495
1.74
Jan
Aug
v
100
5
4%
6
1,070
•:
Jan
.
20
90,
6.55
•
Hill
Waite-Amulet Mines, Ltd—
Walker-Gooderham So Worts
.
:~i.
m
740
25
13%
33%
33%
.-—50
61c
7,300
8%
23
11%
',
United. Fuel class A_—
United Steel —._i—
Ventures, Ltd.'
.Vermilata Gils,
90c
8
class ;Ar—W--
*
—
80
75C
t*—- ,^-b,
Toronto General Trust—
6%
74
5,733
,
4
Toronto
Uchi
Aug
3*35 Aug
90c
Sep
77 y2 July
3.35
3.20
3.35
—1.
8c
7%c
25
25
1.54
,
15
27
6% July
Apr
Aug
July
Jun
Sep
July
Sep
OVER-THE-COUNTER MARKETS
Quotations for Friday
Sept. 3
Insurance
Investing Companies
/./
Bid /'• ""Ask
Pat
Aeronautical Securities—
Affiliated Fund Inc
A Amer ex
6.94
1
3.25
•
3.56
23%
10
',,"Series
25 '
"
B-2
American Business Shares——!
3.22
3.53
Series
American Foreign Investing-10c
Assoc Stand Oil Shares—;
2
13.60
14.25
Scries
6%
67/«
Series
13.23
14.23
,
Axe-Houghton Fund Inc—.—1
Bankers Nat Investing— %/
ACommon
,
_
;-5
Basic
Industry Shares
Bond
Inv
0
Inc
Fund
Boston
.
5
Ltd—
>—1
Fund
Ltd——1
14.12
3.05
Bullock
y
•
1
1
Series AA mod
2.33.
2.19
1
AA
,
,-1
Series ACC mod—————1
ACrum & Forster common—10
A8% preferred
100
2.63
2.63
28
.
.
Cumulative Trust Shares—*
Dividend Shares.
;
—1
10
32%
34%
New Hampshire Fire—
10
47
14%
49%
15%
Camden
24%
26%
*
.v
.J
;
7.17
.
5.85
Amer
■
5.39
5.93
6.19
6.01
3.35
3.74
4.15
4.13
4.57
3.93
4.33
4.22'4.65
shares
1.42
1.55
19.64
21.12
2.43
2.15
.
11.17
81c
1.12
22.24
11.80
12.35
89c
1.23
24.18
12.08
1,
1943
100.7
100.9
b0.75
0.60%
4s
1964-1944
3%s
3s
;
...'
3s Jan.
1, 1956-1946
3s
1,
Mav
1956-194fi__
102%
103 iV
104
1955-1945—
A.
103%
—.
30y«
32%
Par
104/,/
104/fl'
105%
105%
106%
106%
Bid
.
2.56
1
100
6.01
Corn Exchange
14.19 :
9.23
10.06
,-l
16%
44%
———50
Sovereign Investors
Spencer Trask Fund
.—1
1
A Series
D
6.02
"6.64
14.67
77.68
76%
1,495
A Series A.
2.33
Bid
Celotex
Corp
Panhandle Eastern Pipe Line—
2%s debs—
——1953
80%
1,535
101
,
"54
«
81%
Westchester Fire——....2.50
32%
34%
Cos.
v:
Fulton
■
Trust.
Bid
Par
Ask'
145
—..100
-
155
306
14 %
298
Irving Trust
10
13 %
Kings County Trust——..100 1,400
Lawyers Trust.
25
32%
Guaranty Trust
100
—
'35%
,
44%
Manufactures Trust Co com—20
preferred—.:
20
Morgan (J P) & Co Inc—100
National City Bank—.
12%
New York Trust
:
25
46%
51%'
Conv
53%
197
207
32%
34%
86%
90%
public Nat'l Bank & Trust__17%
34%
36%
Title Guarantee & Trust—
.12
4%
514
United States Trust
1001,200
1,245
■
Public Service
(New Hampshire)
2.22
—.1973
107%
107%
107
107%
Puget Sound Pow & Lt—
101%
101
4%s
South
——.1968
Public Service (Indiana)—;
<
314s series E
1973
Ask
Bid
Ask
101%
Penn Ohio So Detroit RR—
2.12
.
—1972'
-
103%
,
105
105%
.1972
104%
105%
3%s_——1958
99%
100%
3%s
104%
103%
(Jacob) 5s
1950
Carolina Elec So Gas--
103%
——
5.67
6.25
—1
United Drug
Quotations For U. S. Treasury Notes
.25C
41c
Trusteed Industry Shares- .250
71c
80c
23.31
25.48
18.94
20.71
7.18
7.85
16.15
17.66
Class B
Bond
Series
Fund
series
A—-
>
■
B._—,
SeriesCLi—■———
Union Preferred Stock Fund——
A,-—^
—„.j—7——i':-
U S El Lt & Pwr Shares
B
38%
.
76Va
Ruppert
Trusteed Amer Bank Shs—
'
1955
3%s
3%s series D—:
.—1
——i—
ASeries B—
-
- -
507
36%
51 %
Stand Oil Shares—
Trustee
:
18%
47
83.47
1
...
:
7114
492
—.—10
3%s series A
X13.92
.—1
C
A Series
■
39%
Recent Bond Issues
4.06
Super Corp of Amer AA— -1
Trustee Stand Invest Shs—
....10
55%
134
6.62
2%
!
9914
36%
46%
222
212
Bank & Trust_20
Empire Trust
49 %
8914
■
Continental Bank So Trust—10
51c
,
96
34%
44%
—100
Trust
2.20
46c
13.20
■
,
310
52%
37%
12814
68%;
——.—...100
US Guarantee—.
Ask
385
47%
8414
10
1
20%
19%
373
,..^..-.__.„_-10
Commercial National Bank &
■
',
25 V2
,
300
10
Fidelity So Guaranty Co..2
U S Fire_I—4;
New York City Banks & Trust
2.62
3.76
—1
Figures after
1.70
15.94
17.§3
Banking
Corporations
So
A First
Boston
1
Corp————10
2%
22%-
ti%
Apr 15, 1944
——
U S Housing
-
Other
%
100.13
tSep 15, 1947
—
100.12
100.23
100:25
*%s Nov 1, 1943———
Certificates of
Indebtedness—•
%%
100
V/a8 Dec 1, 1943
100.19
100.21
t%s Feb 1, 1944™———
1%%
100.15
100.17
99.23
1945-
99.30
%%
99.25
t%s Apr 1
—
1944
t%s May 1,1944
*%S Aug. 1, 1944
——
—
100,18
'
"
b0.43
b0.52
0.37%
0.49%
0.66%
b0.68
b0.76
bO.76
bO.80
0.74%
0.74%
0.78%
United States Treasury Bills
Rates quoted are for discount at purchase
Bid
100.5
3s———1946
105%
106
——1947
107%
108%
—1961
128V2
130
100.12
Oct. 28,
19431943—-
b0.37
21,
Ask
b0.37
0.33%
b0.37
0.34%
0.30%
Nov.
1943—.
b0,37
0.34%
b0.37
0.32%
Nov.
12, 1943—
b0.37
0.34%
b0.37
0.32%
Nov.
18, 1943—
b0.375 0.35%
b0.37
0.32%
b0.37
Sept. 16, 1943
Sept. 23 1943————
Sept. 30, 1943
Oct. 7, 1943———
Oct, 14, 1943
^———
—
100.9
Ask
0.28%
Oct.
Treasury billsSept, 9, 1943-—.—:
100.3
Bid
Bid
b0.37
Ask
1,1944
0,32%
Nov.
Dec.
4,
26,
bO.375
1943.
0.35%
b0.375 0.35%
2, 1943—
Issues
U S Conversion 3s
PansniB
1
Ask
100.1
100.26
24%
•No
U S Conversion
100.11
1
100.1
2%
Authority-—
notes —Feb
Int. Rate
Bid
1
%
99.31
1 %%
100.24
1%%
100.16
—
100.10
1944—
15, 1944—
Sep 15. 1944—
tSept. 15, 1944.
Mar 15, 1945—
tDec. 15, 1945-
Co
32ds of a point
100.9
Ask
100,7
Mar 15,
Dec
one or more
Maturity—
fMar 15, 1946—:
tDec 15, 1946—
Bid
100
-".I
15,
1943—
1943—
tMar 15,
!
A Blair
decimal point represent
Int. Rate
Maturity—
Sep 15,
Jun
15%
Investment
103 %
104^
1955-1945.
———————5
Home
,
10c
•r—.
100%
62 %
7%
27%
23 %
Seaboard Surety..—...10
47%
Chemical Bank So Trust
.7.*
■
44%
6.87
—.1
State St Investment Corp—;
;
95%
.10
91.27
1% %
Federal Land Bank Bonds—
,
Fire—
8.32
Reconstruction Finance Corp—
——.
U S
27%■
*
9.15
Banks—
.Oct.
Travelers
29%',
2.06
Ask
Commodity Credit Corp—
1946-1944.—
30%
1
Wellington Fund
Bid
%s
28%
——^—j*———10,.
Fire-.——-. .10
....
38%
514
25%
8.30
>v
Obligations Of Governmental Agencies
15, 1945
5
Hanover;-"-
11.39
3.42
Holding Corp——1
16c
,28c
Fund Inc■ *'• v
of America—-10
Investors Fund G—
,1
4s
7.19
89.47
Foundation
Investment Co
Standard Accident—...
•
-
Insurance Group shares——
11 Vt
Hartford Steamboiler Inspect..l0
39%
-1
Union
Common
———10c
Incorporated Investors—.——5
Independence Trust Shares—* .
Institutional Securities I.td-4
Aviation Group shares---;
;
Bank Group shares—
10%
Bankers Trust
Republic Invest Fund—.
Scudder, Stevens So Clark
/ Fund, Inc
5.54
4
—5
-
99
36%
Springfield Fire & Marine—25
Hartford
6.24
10.39
Selected Income Shares—
,
6159
,
46
Globe & Republic—
Great American—
10.44
43%
Brooklyn Trust ———<—100
Central Hanover Bank & Trust 20
Chase National Bank.;
13,55
Selected Amer Shares
;.
(Paul)
Security New Haven.,
6.39
Inc Shares
16%
Providence-Washington .—..10
Reinsurance Corp (NY).;
2
Republic
(Texas)
.10
St Paul Fire & Marine...
6.83
Series 1958—
49%
93%
14%
Glens Falls Fire———_—5
9.47
—
...1;
47%
89%
5
:
20%
Bank of New York.—100
Series 1956———
.....10
—
29%
50%
13%
Bank of the Manhattan Co.—10
Series 1955—
Indemnity Co— .i.io
18 V4
Fire———
5.05
shares
114 %
47%
5
11.32;
Trust
109 %
.—
Revere
Newark
4.58
1953—
Series
6.57
6.21';
—
.—Feb
12.83
10.30
—-i——
Railroad equipment
7.49
5.03
——
tl % %
10
6.24
■•••
Steel
6.44
3.03
Federal Home Loan
27%
—B
Gibraltar Fire & Marine-
7.56 '
-i.————. ■,.
North Amer Bond Trust ctfs—_
7.11
5.99
Tobacco shares——--;—.—
Income
—5
General Reinsurance Corp
7.04
Fire—25
—
14%
of
!
6.20
—-——---w-".';; 5.80
Oils,-
;
—w
Equipment shares.-
A Huron
Franklin
6.44
94%
Pacific
1
89 V2
4.58
7.54
Railroad '—i-—w-.-:':.
:
85V2
5%0
12.50
Pacific
143
68%
Firemen's
10.36
Metals
•
64%
7.27
6.01
6.52
shares
137
10
9
5"
—5
Preferred Accident
First National Bank..——.100
6.81
Mining shares
Phoenix.
46 Va
Fireman's Fd of San Fran_—10
8.32
—
Quarterly
——
58%
43
-
■;
8.73
9.59
4.77 •; ■ 5.25
;, 6.86:,, i 7.54
shares—
54%
——L———i0'';'.
Fire Assn of Pniia
6.53
stock
7,07
5.46
v:;
43
35 %
Fidelity & Deposit of Md—20
8.61
;
equipment
Machinery
40%
32%
7.37
•
Northeastern——
20%
39%
6414
196
186
2,50
18%
Federal
48
—20
River
37%
1.38
$.50.?
Y
N
Fire———8
—10
3.20
5.66
9.45
■>';
—:
Chemical
Northern
York
—10
11.90
——————
stock
;
North
4.13
5.85
;'
,
Building supply
22%
6.61
1
5.46
"-i
Fire————————5,
New
6.15
Fire
Casualty
91%
2.83
;
8%
Mfrs
&
86%
5.90
20%
6.36
Fund
Automobile
5,34
6.46
7%
25
U———.,—100
Merch
—l l
Casualty—
——5
Employees Group——————
Employers Reinsurance
10
.
North
^
2%
Bankers & Shippers——
,
Merchandise shares
Utility
New Brunswick—:
Boston
New York Stocks Inc-^
4.20
22.49
-
shares— v 5.97
'■■■■'Investing ———5.64
■
Baltimore American—
8.73
—
5.06
General bond shares
;
38.60
7.94
Plymouth Fund Inc——
Putnam (Geo) Fund
%.
Steel shares
28 %
priced bond series
New England
191
6.00
Industrial Machinery
,
26 %
Securities—
33.57
—
shares—.
New Amsterdam Casualty-—*-2
Income, series—.
31.32
31%
18,93
;
.
6.43
Electrical Equipment
Petroleum
43%
Continental Casualty
31.22
1
shares
Railroad
Automobile ————————10
*
(Colo) series B shares
—3.55
(Md) voting shares
25c
1.25
National Investors Corp
l
6.78
National Security Series—
:;;
21,22
12.56
5.36
'.9,30;
3.60
20.52
4.60
,
Building shares—^
Chemical shares
RR
61 %
92.40
59
40%
11.30
-Bank
30%
17.59
v 1.74
4
Agricultural shares—
Automobile shares
,
—25
10.40
20.29
29.13
•
Low Price Shares-
Surety—
Fund Inc——10
Invest
Insurance
:'
Food shares——
Fully Administered
America n
Agriculture
19.76
11.70
1
Invest Inc———2
Fundamental Trust Shares A—2
/v
6.52
10
5.94
91.55
37.83
National Liberty
National Union Fire
Aviation-
Fundamental
Aviation
16%
'
Foundation Trust Shares A—1
i:
15%
City of New York—
Connecticut General Life
,
Group Securities--
10
10.72
3.55,
1
General Investors Trust
Reserve
21.99
1-31
Capital Corp
American
9.93
-A
18.77
Fixed Trust Shares A—10
B
4.37
Fund———j.
33
1,19
Equitable Invest Corp (Mass 1-8
Equity Corp $3 conv pfd——1
Fidelity Fund Inc—
•
Financial Industrial Fund, Inc.
First Mutual Trust Fund
8
General
National Fire—
——:
Nation-Wide
6.15
——
59%
4.17
Low
5.40
Fund
Fund-
Stock
56%
__10o
S-4
Electrical
Balanced
10
20.45
-
& Howard—
Eaton
Re-Insurance
1
.■
2.S0
-■
American
Low priced stock common
Bond series
35c
V'
D
10.46,
l
4.59
;
—1
Fund—.—~-J-
Diversified Trustee Shares—
9.51
.3.94
10c
—
31
111
shares——10
preferred
—100
Delaware
National
Preferred stock series
ACommgn B
A7%
12%
16
2d Fund
Crum & Forster- Insurance—
:
11 Va
14%
Casualty_5
3%
Trust—
30
118
7%
20%
American of Newark
18.81
■
Mass Investors
—
^.2
19%
American Fidelity &
13.72
23.20
4.59
■
7
2514
61V2
r
25.49
17.05
Maryland Fund Inc
—
7%
22%
10
—-—5
Maryland
Massachusetts Bonding—
12 Va
Merchant Fire Assur——5
Mass Investors
2.19
-.1
4
(Detroit) —10
Knickerbocker —;
79
18
86
41
10%
5%
76
51
8%
—20
X
13 V'«
———
Common
Mutual
Jersey Insurance of N
■' Ask'
Bid-.
24%
9.54
Manhattan Bond Fund Inc—
30.09
37
-10
ll7/8
.*15.48
3.75
■
Accumulative series
Alliance
-
16
83%
38
9V'8
4%
72 %
———10
Insur Co of North America
22%
Loomls Sayles Mut Fund
Loomis Sayles Sec Fund
'
Series
American
Fire:
58%
35%
75 Vz
—10
-i,
Homestead
144 y2
56
——10
—
S-3——
Series
Life—
'■■'Par
Ask
136'/2
—-—10
Agricultural ——^—,—^-25
18.82
16.71
15.23'
Series
"
—
Bid
;
American Casualty—i-———
American EquitaDie—
5
■
Series : S-2——; 12.48
9.68
10.48
Christiana Securities com..__100 2,210
2,310
Preferred *.
.—100/ 139;;'..'". '.-v 144
Commonwealth Invest——
1
4.54
4.93
Consol Investment Trust
35
37
;
Aetna
8.48
K-2
Series
—1
Corporate Trust Shares
28.82
——
Knickerbocker
27.99
*
Century Shares Trust
Chemical Fund
B-3—
B-4
K-l—■:
■
103.48
17.45.
29.08
26.90
Fund
Canadian Inv
Broad Street Invest Co Inc
——-
3%
—
,
99.34
16.23
America——
of
Tr
■
y,
4lA
3.62
"—10
preferred
A6%
30.45"
Aetna
5
3%
.
& Surety—10
33.37
26.28,
17.11 '
'
Series S-l—,
1
.
Aetna Casual
Series :,;B-1-^—w'-—i--—^
■
.1%
Holding Corp
'Par-;
Ask
Keystone Custodian Funds—
7.54
Companies
'
Bid
Par
Onnal 3s
—
par
value,
a
Odd
lot
sales,
b Yield price,
d Deferred delivery,
r Canadian
x-Ex-dividend. y Ex-rights,
tin default
sCash sale—not included in range for year.
,
bonds are subject to all Federal taxes.
AQuotations not furnished
§Formerly the Merchants & Manufacturers Securities Co.
'
market.
tThese
by sponsor or issuer.
.
'
"
' •' '
980
THE COMMERCIAL & FINANCIAL
THE COURSE OF BANK
CLEARINGS
CHRONICLE
Monday, September 6, 1943
Week Ended, Aug.
.
1
Virginia—Huntington-,
Virginia—Norfolk
;
Total
Telegraph
Clearings—Returns by
-
,
■
1942
'1943
$2,884,257,249
337,212,645
+
9.9
445,000,000
+
1.9
240,578,953
239,021,648
+
0.7
137,105,957
+ 15.2
''
—
157,971,409
?"• 128,400,000
■
Pittsburgh ——————w*.,——
Cleveland
1
Augusta
——-V——
v—;
Mobile
Mississippi—Vicksburg
5.6
Louisiana—New
136,998,984
+
Total
(10 cities).
+11.9
+19.4
+29.3
Grand Rapids
Lansing
1
Indiana—Fort Wayne
$8,241,440,889
$6,816,659,560
+ 20.9
cities,
day—
one
I
Total
cities for
all
+-~
—
L.
•
South
Week Ended
.
.
•.
.
New
Philadelphia
——
,
"
9th Minneapolis -4.+—,
Iff"'
10th Kansas City
10
"
[1th Dallas —-a
6
"
L2th San Francisco——— 10
"
i
■'
—.
.•
^
V
•.
1940
$ !,"'V
•.'+ 27.7 :
/187,405,375
144,955,608
1
403,821
6.3
+
318,092
379,963
3,809,846
+ 25.3
4,245,213
2,679,865
"•>
+
3.2
•;'v 1,899,831
2,509,733
-
1.5
—
3,265,581
1,245,810
;
1,970,523
1,449,454
*
2.4
23,104,000
2,065,564
6,810,648
8,001,594
—14.9
6,298,522
4,837,428
27,847,632
27,512,426
1.2
21,883,126
'17,761,167
V
1,551,777
—
+ 31.4
5,361,751
16,570,706
1,611,343
1,396,658
4.9
9,930,770
+ 15.4
11,355,941
6,188,872
+
1,180,556
11,915,675
—
4,290,519
1,093,064
'
—
—,
Peoria—
+
.
.
V
—
1,662,439
+
7,185,770
319,727
279,297.917
1,111,488
908,519
>,
2.6
3,798,464
4,543,470
7.2
—
1,692,138
3,579,328
446,751
410,382,340
2.6
—
Y; 1,792,073
•
1,660,888
V
7.3
—
1,430,144
4,341,788
4,230,746
v.
>V V,
cities),
(17
>•
1,393,662
—;
—
+ 24,9
383,816
376,088,556
.
—V
Total
479,548
403.441,394
:a.
Rockford—
1,914,873
.
1,215,783
.
1.8
—
1,521,791
1,337,969
476,107,495;
505,365,531
+
6.1
497,385,402
345,796,122
+ 13.1
Eighth Federal Reserve District—St. LouisMissouri—St.
Louis———a.—.
143,700,000
127,000,000
113,200,000
79,700,000
Kentucky—Louisville—
58,295,214
54,652,819
+
6.7
49,474,743
31,706 909
Tennessee—Memphis———..
Illinois—Quincy—
30,619,220
27,314,880
+ 12.1
22,699,831
15,160,921
915,000
874,000
4.7
661,000
233,529,434
209,841,699
Tooal
(4 cities).
Ninth Federal Reserve
Minneanolis—,
Paul
St.
,
+
+11.3
551,000
127,118,830
186,035,574 ;<
v
District—Minneapolis4,096,517
3.650,505
+ 12.2
139,082,491
98,717,261
+ 40.9
42,429,862
36,850,025
+ 15.1
2,564,786
2,339,248
+
9.6
1,284,241
1,071,487
+
19.9
Minnesota— Duluth...
______
...
—
North
Dakota—Fargo—!
Dakota^-Aberdeen™—
Total
.
______
i
*
1,115.126
1,107,281
+
3,743,745
+
3,929,157
2,676,479
101,902,576
33,173,701
■
-26,546,228
68,101,699
)■
2,663,765
-
.7
3,900,245
•
(7 cities)...
+ 20.2
519,606,904
354,404,789
292,313,505
187,405,375
128,512,574
144,955,608
Lincoln—
+ 27.7
6.1
497,385,402
186,035,574
345,796,122
'+ 31.9
147,366,653
104,522,327
+ 23.4
179,442,642
134,144,373
6.4
81,328,680
64,102,551
194,473,268
Hastings
+ 13.3
461,105,994V
194,391,119
476,107,495
209,841,699
.
2.8
+
+ 11.3
2,376,742,837
2,299,163
871.834
1,150.617
1,087,121
866,899
4.2
3,459,716
3,160,055
+31.9
147,366,653
104,522,327
■
194,473,268
147,479,552
225,154,848
111,011,981
+
456,928,031
395,729,635
+ 15.5
350,798,247
236,911,589
7,949,013,821
6,842,171,429
+ 16.2
6,389,017,896
+12.3
3,236,582,447
+ 16.6
384,922,904
,
147,479,552
+ 38.1
+ 40.4
250,000
205,521
+ 28.1
2,753,111
1,921,991
72,471,039
51,313,511
37,761,378
29,747,179
2,684,223
5,225,675
2,266,093
+ 18.5
4,419,575
+ 18.2
City——V—,<-185,882,678
IV
5,314,949
157,396,777
4,383,234
+ 18.1
>C':
—
—
Missouri—Kansas
St, Joseph—
V,
+ 18.2
Springs
...
+
1,754,543
2,018.152
2,296 534
127,267,593
94,389,126
'
+
21.3
2,700,229
3,581,846
990,118
+ 10.9
861,497
277,846,182
225,154,848
+23.4
506,502
606,580
924,563
—25.1
179,442,642
1,097,732
...
(10 cities)—..
v
4,225,898
v
692,774
Colorado—Colorado
Total
; *
—
Omaha.—
Kansas—Topeka—
V Pueblo...
84,702
149,266
236,119
3,075,592
—
V.
Wichita
116,607
206.110
331,471
3,939,531
Nebraska—Fremont—
4,522,897,677
3,515,300,302
^
Tenth Federal Reserve District—Kansas City—
;
127,118,830
277,846,182
Outside New York City-
1,686,469
+ 33.1
Springfield———
213,372,572
118,094,133
cities
29,122,035
■2,987,310
2,388,447
Montana—Billings
3,948,309,769
,—111
108,106
45,316,005
25,175,000
Dec a tur___ V——.
+
257,499,713
—-
108,747
+ 60.2
3,177,849
!—
Illinois—Bloomington.
Chicago
+ 11.8
3.4
+
227,113,018
233,529.434
+ 20.6
257,499,713
•
429,106
-—
Sioux City——:
491,759,745
"■
—18.0
136,795
——.—24,563,000
Iowa—Cedar Rapids_:
*Des Moines
546,963,264
328.889,651
+
20,341 550
4,767,650;.''
62,849,553 V
4,774,634
2,764,442
2,473,119
V
—
1
3,445,613,806
505,365,531
7th Chicago
V.T7
8th St, Louis-——_4
'u.
+ 10.7
—
V
Bend-.
304,424,856
3,279,726,450
257,254,412
,
".
Dec.
307,896,673
318,429,550
4,141,140,014
611,351,045
505,712,570
York
2d
33,512,151
u
VY7-1941
Inc. or.
1942
Y'$
12 cities
12
10
4th Cleveland -—A—-1
"
5th Richmond
+ 6 ■,; "
6th Atlanta
10
"
1st Boston
852,378
16,572,000
CLEARINGS
OF BANK
Federal Reserve Districts
3d
1,277,448
"""
by Federal Reserve Districts:
1943
28
Aug.
1,099,163
1,677,411
22,572,000
23,573,769
100,696,708
'
—
Helena..—*
SUMMARY
6.1.
.
+ 17.3
+ 34.5
164,993
South
•
+
1,400,000
'
%Complete and exact details for the week covered by the foregoing will appear
in our issue of next week. We cannot furnish them today, inasmuch as the week
ends Saturday and the Saturday figures are not available at time of going to press.
Accordingly, in the above the last day of the week in all cases has to be estimated.
■f
In the elaborate detailed statement, however, which we present further below
wejare able to give the final and complete results for the week previous—the week
ended Aug. 28.. For that week there was an increase of 16.2%, the aggregate of
clearings for the whole country having amounted to $7,949,013,821, against $6,842,171,429 in the same week in 1942. Outside of this city there was an increase of 12.3%,
the bank clearings at this center having recorded a gain of 20.3%.
We group the
cities according to the Federal Reserve Districts in which they are located and from
this it appears that in the New York District (including this city) the totals show
an improvement of 20.2%, in the Boston Reserve District of 3.4%
and in the Phila¬
delphia Reserve District of 11.8%. In the Cleveland Reserve District the totals are
larger by 2.8%, in the Richmond Reserve District by 13.3% and in the Atlanta
Reserve District by 27.7%. The Chicago Reserve District records a gain of 6.1%, the
St. Louis Reserve District of 11.3% and the Minneapolis Reserve District of 31.9%,
In the Kansas City Reserve District the increase is 23.4%, in the Dallas Reserve Dis¬
trict 6.4%, and in the San Francisco Reserve District 15.5%.
'I
a summary
1,968,811j
28,130,893
; 37.102,050
—
Terre Haute—W—.
,
furnish
17,088,225
54,400 000
1,642,252
Wisconsin—Milwaukee—_
"Estimated.
In the following we
24,917,941
59,500,000
Seventh Federal Reserve District—Chicago—
Indianapolis—
' "if--;
week-,—t
3,685 082
8.2
+ 18.7
37,829,370
328,889,651
Michigan—Ann Alrbor—
$5,754,288,432
1,082,371,128
AH
5,474,744
+
14.7
$6,868,034,074
1,373,406,815
Cis
+
30,021,970
2,089,533
1
———
five days—-,—a,———-_-y-
-
—
Orleans.——V-
+ 20.9
days_u—*
V 128,512,574
—
89,400,000
3,907,139
4.2
+
+ 13.7
Total,all cities, five days_„.—
194,391,119
+ 29.2
V;
+ 10.2
V
95,204,584
cities,
21,110,978
5,311,890
6,863,935
32,493,671
-
$4,764,999,402
989,289,030.
Ten
1,085,658
63,225,176
31,189,741
+13.3
—
Macon—1—*
108,269,253
Other cities, five
1,474,012
100,203,489
227,113,018
106,100,000
Florida—Jacksonville^.^
—*
Alabama—Birmingham—L— —V
$5,760,645,409
il,107,388,565
■
'
3.7
16.0
1,780,613
29,458,980
■*:■
1
Baltimore^—-——,—VV-—*?V-——— ---
I
516,675
794,087
*
116,500,000
>
-
2,602,000
39,972,087
120,613,638
—
—
193,691,000
180,007,335
','.201,828,000
-"•*190,000,000
157,194,387
—_——:.—V
Francisco
San
•:
,
3,411,000
57,318,790
-Atlanta—?
Georgia—Atlanta—
+ 29.2
$3,725,870,091
370,532,716
*480,000,000
+ 23.5
+ 18.4
1,714,595
Nashville'——
'
,
$
-
—21.7
257,254,412
Tennessee—Knoxvllle
>■
"
! .'
*#\«J
New York—;——'——-J——~+——r——
Chicago 1—
r,V•«rr—
Philadelphia
——-—
Boston,
lv——r—„-V—————n- ——
Kansas Cijty
Week Ending Aug. 28
$
759,202
29,198,669
(6 cities)
1940
1941
'
139,873,773
1
a—i—
—
Columbia—Washington—
Sixth Federal Reserve District-
"
I!'
6,669;000
67,831,585
"
5,222,000
Carolina—Charleston
District of
28
4"
< :
937.951
+
Inc. or,
Dec. %
1
>
,
f
80,307,424
Maryland—Baltimore
for the week follows:,1
jnary
$
Richmond——*
South
1942
194?
••
West
week in 1942. At this
Our comparative sum-
$8,241,440,889, against $6,816,659,560 for the same
for the week ended Friday of 29.2%.
'
...,
Fifth Federal Reserve District—Richmond—
this week show an increase compared with a year ago. Prelim¬
inary figures compiled by us, based upon telegraphic advices from the Chief cities of
the Country indicate that for the week en ded Saturday, Sept. 4, clearings from all
cities of the United States from which it is possible to obtain weekly clearings will
be 20.9% above those for the corresponding week last year. Our preliminary total
center there is a gain
•
,.
Bank clearings
stands at
;
'
.
'
537,996
....
134,144,373
1,600,273,116
Eleventh Federal Reserve District—Dallas-
Canada
;
32
————
cities
475,391,893
407,684,264
279,272,138
,
2,013,637
We
now
add
our
detailed statement showing the figures
for the
Week
Ended
1942
1943.
Aug.
28
2,143,158
1,566,384
3.8
65,891,629
52,225,905
+ 19.0
7,808,584
5,382,411
1,965,000
1,092,252
+29.7
1,803,000
1,894,000
5.3
1,190,844
852,691
4,996,989
3,889,157
+28.5
2,491,465
2,181,160
118,094,133
...
Louisiana—Shreveport—
111,011,981
81,328,680
64,102,551
+
1940
1941
-Inc. or
2.9
+
2,549,000
Falls.—
Wichita
+
9,426,045
1,149,721
—
V Galveston.
'--.Yvf?-
week ended Aug. 28 for four years:
V
Fort Worth.
92,683,347
11,212,849
Dallas
for each city
1,956,130
96,171,937
V
Texas—Austin
'
Clearings
at—
District-
Dec. %
£
:■"
+
First Federal Reserve
546 685
640,562
Maine—Bangor———
204
—36.1
2,738,467
+
4.0
262,697,525
182,428,000
875,654
832 889
+
5.1
693,399
549,241
4,705
291,767
287,844
802.010
563,449
,+ 40.2
2,894,317
2,580,455
6.5
2,224,153
280 621
+
1,015,326
V
Bedford—
880, 681
+ 15.3
2,163,683
2,901, 681
2,314 ,732
13,648,081
6,004,809
11,951 ,747
5,339 985
Rhode Island—Providence————
12,856,900
Hampshire—Manchester—.—.
508,364
318,429,550
307,896,673
4,068,816
Springfield
Connecticut—Hartford
Haven-.
;
————-
Washington—Seattle
9.6
—
:■
14.2
11,917,113
4,999.381
14,866 600
—13.5
13,824,300
510 262
''V. : .4
587,036
V;
(12 cities)
304,424,856
213,372,572
+
Jose......
Santa Barbara—
Stockton..
Total
Grand
Second Federal Reserve District—New York—
New
York—Albany—
9,921,500
963,601
■
—-—
Binghamton——.———
1,023,705
Elmira—
53,361,788
48,700,000
936,541
1,323,411
Jamestown——
1,286,682.
4,000,704,052
3,326,871,127
Rochester——---—8,842,890
7,754,507
4,960,658
5,492,945
New
York
———
Syracuse—
—
Connecticut—Stamford
——.
._—.
6,759,916
;
5,036,583
V
9.638.484
14,880, ,940
5.9
967, 594
45,100, 000
636 ,023
393,258
2.9
852 ,246
+ 34.9
3.119.982
2,399,493
+ 17.9
202,257,000
135,245.151
3,722,742
+ 30.6
3,676,233
2,690,231
1,251,265
+ 37.8
1,435,852
927,242
3,084,407
'
+ 35.0
3,007,927
2,129,531
-
395,729,635
+ 15.5
350,798,247
236,911,589
7,949,013,821
6,842,171,429
+ 16.2
6,389,017,896
4,522,897,677
3,515,300,302
+ 12.3
3,236,582,447
1,600,273,116
Ended
.['t,
;
1943
1942
Inc. or
$
26
1941
Dec. %
1940
;
.9
109,945,775
+ 27.9
+
$
83,408 653
130,519,060
6,247,031
Montreal——J—__
143,921,887
112,566,957
102,134,098
77,632,455
3,648,821
Winnipeg
38,317,703
36,064,751
+
6.2
54,118,240
29,681,402
Vancouver..—
34,931,993
27,368,225
+ 27.6
29,718,381
17.615,347
58,549,004
44,507,157
+
31.5
35,704,734
28,228.231
5,462,124
4,992,843
+
9.4
5.0
4,813,264
3,185,594
2,583,489
9.6
6,186,107
5,119,301
2,292,624.561
14.0
6.7
8,325, 135
4,514 ,185
+ 34.2
4,524 ,842
3,703,470
Ottawa.—
265,429
265.131
.1
398 ,706
353,116
18,317,893
+ 21.0
20,252 ,931
15,368,098
Quebec..
Northern New Jersey—————,
30,963,284
24,928,584
+ 24.2
26,888 ,558
18,751,215
Halifax
3,806,837
3,625,888
+
Hamilton—
6,537,603
7,231,481
—
+
Aug.
$
Canada—
22,167,049
Jersey—Montclair——,
3,201,888
+ 38.2
Newark————.
New
1,249,047
13,721,822
131,724,055
3,152,435 ,449
+
17,739,005
4,697,084
30,4-10,100
Toronto
+ 20.3
—
12.6
[
2,184,593
207,369,000
..
Week
867,085
+
+
38,907,054
,
3,948,309,769
30,000,000
9.6
+ 96.8
+
53,504,173
244,398,000
909,428
:
59,763,406
1,597,585
8.0
+ 12.5
3,876,754
+ 93.4
—
+ 17.9
.+
456,928,031
cities)
Outside New York
5,000,108
'
——.906,436
Buffalo————————
(111
21,194,700
7,183,941
23 864,782
1.724.485
4,163,062
:
(10 cities)
Total
1,575,129
73,364,179
3,018.467
Francisco—^——!
San
.
Total
74,799,679
1 857,689
79,221.879
4,832,320
Pasadena...
San
505,473
3.4
City.—.:
California—Long Beach—.—.
3,651,082
10,090,000
+
——
——
Utah—Salt Lake
8,444,163
+ 12.4
84,128,863
—
Yakima—
Oregon—Portland
1,751,685
307,610
New
6.4
+
Twelfth Federal Reserve District—San Francisco-
1,620,425
262,767 536
3,005,595
—
Fall River
New
500,750
755.388
+ 17.2
273,334,144
Portland—
Massachusetts—Boston
New
Total: (6 cities)
:
-Bos ton-
...
4,338,211
4,141,140,014
Third Federal Reserve
;
lu
Scranton
Wilkes-Barre—-
New
•
—
+
5.1
397,159
448,048
+
' 6.7
1,275.991
979,254
'
532,783
+ 56.4
404,650
288,763
1,594,120
—21.4
1,437,480
1,036,356
534,000,000
+ 11.4
503,000,000
344,000,000
1.179,878
1,102,208
7.0
1,608,249
1,201,439
+
+
2,055,189
1,814,779
—1,247,439
1,020,045
:
(10 cities)—
+
13.3
2,239,417
2,019.303
22.3
1,311,428
1,097.096
1,581,830
1.099,730
6,350,700
2,234,800
1.533,266
—
Jersey—Trenton
Total
440,334
1,238,260
595,000.000
Reading———
—
1,759,035
—12.8
6,465,400
3,461,700
+ 86.8
611,351,045
5,948,810
+ 54.8
7,105,459
4,475,354
2,244,852
+
24.4
2,016.274
1,617,612
2,016,605
1,730,184
+ 16.6
1,573,434
Calgary.
—
London—
462,631
833,177
Philadelphia—
York-
'
1,253,422
Lancaster
'
2,376,742,837
1,320.643
V
———
Chester
•"
3,279,726,450
District—Philadelphia—
Pennsylvania—Altoona———.
Bethlehem
+20.2
2,791,889
Victoria—
3,445,613,806
9,206,185
St. "John.—.—
Total, (12 cities)
546,963,264
+ 11.8
519,606,904
354,404,789
Jaw—
2,734,793
Cincinnati
Cleveland
—
2,902,767
5.8
2.817,044
1.947.117
91,804.400
Ohio—Canton.
86,318.634
6.4
74,361,258
53,120,420
191,921.749
174,801,140
9.8
171.281,132
101,101,861
+ 51.6
5,000,000
597,037
+ 45.3
633,334
369,863
1,596,993
674,076
+ 32.4
1,329,654
518,528
1,149,987
+
9.6
+ 33.2
942,258
17.7
932,883
701,073
1,166,582
+
8.7
1,087,794
802,143
—
9.4
958,413
718,780
+ 69.6
335,766
199,962
+
507,504
1,204,915
299,289
763,576
+
7.4
685,125
509,269
1.049 834
833,464
+
26.0
801.934
832.579
1,073,450
+ 21.3
1,000,000
913,563
4,031,273
4,603,257
—12.4
3,771,201
2,638,006
590,823
518,461
+ 14.0
363,608
307,421
1,174,423
...
;
Moncton.
1,128.060
+
4.1.
Kingston...
809,029
717,709
+ 12.7
Chatham
675.688
586,126
+
12 817.900
13,154,200
2.6
14.749,600
11,607.300
1.926,258
2,006,661
4.0
2,228,428
1,407,563
Sarnia
2,615.720
2.726,945
4.1
3 489.794
2.258.135
Sudbury
201,891,750
209,849.398
3.8
192,178.738
491,759,745
2.8
461,105,994
292,313,505
15.3
120.871,059
505,712,570
Pennsylvania—Pittsburgh—
Total
(7 cities)
Total
+
478,369
1,302,369
...
Prince Albert
Youngstown
282,500
820,077
Hat
Sherbrooke
Mansfield
Cplumbus.
378,676
2,042,790
892,906
Peterborough
Windsor
3,685,230
4,073,891
1,109,140
:
Westminster
Kitchener..
Fourth Federal Reserve District—Cleveland—
5,042,137
1,268,255
Brantford
Fort William
Medicine
1.7
41.2
2,115.115
897,712
Saskatoon—..
New
+
+
507,605
867,746
....
Lethbridge
Moose
2,742.445
6,039,235
4,095,063
463,337
6,208,263
Regiria——
Brandon
2,789,834
8,529,748
—....
Edmonton—..
1,666,453
2,505,492
1,067,717
802,301
680,674
601.132
585,507
486.353
(32 cities)...
♦Estimated.
+ 78.6
480,680
320,259
1,060,185
*
1,257,327
—15.7
1,228,777
1,092,803
475,391,893
407,684,264
+ 16.6
384;922,904
279,272,138
738,359
413,452'
/!»'.:'
,V£
."
Volume
-
/./
■
;
j.
v
v
'-.? '
0
.1 :,'•
;<
=;k
:„ .;
;
c
j •«•/
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4209
158
981
''
5
i
.
5
.i /'
1
1
L
•.
•
;.-ji
by a ' wide margin over; the nccfessary two-thirds 6f: the
outstanding
stock. Also, the articles were amended to
give the directors authority:
(1) to make dismissal payments or gifts to
i
.
Liabilities—•
General
Corporation and
Unsec.
short-term
1.10%
note
1943
Net
from
railway—
railway-
from
7,206,487
Net
Gross
from
from
103,245,008
45,566,498
income___
25,996,272
railway.^-
railway
due
oper.
Recognizing
3,825,001
$8,250,260
2,630,080
great
2,803,040
1,651,359
and
54.686.379
45,593,518
16,528,522
Dealers'
Res.
3,196,476
importance
Twin Cities and the Northwest, both as a war production,
and industrial region, J. D. Parrington, Chief Executive
announced
the
sentative of
Mr.
of
appointment
In
the railroad
&
of
loss
for
4«/4%
Julyfrom
from railway—
Net ry. oper. income—
From January 1— Gross
from
Net
from
Net
ry.
602,958
462,554
214,801
13,793
12 ,752,874
2 ,717,829
»Deficit.—V.
8,439,011
2,045,841
1,013,382
-
cumulative
stock
(par
$10)
stock—
12,186,406
640,963
158, p. 544.
the
close
dend.
18,414,730
be
18,921,071
Until
his
17,518,350
17,671,994
over
and
,
-
——
Harvester
Corp.-
search
180,809,920 353,262,005
*
—
Gleaner
-V.t, 158, p.
768.
Co.- -Adds New
Department— "
Market
Research.
Wolfe
Dr.
Kent State University,
was
also
of
the
the
July—.
'
,
1943
1-
Gross 'from
1942
'
$3,038,061
railway—L_
Net from railway—
Net ry. oper. income-
1941
'
612,843
340,801
-
cost
basis
above
in
Re-
597,335
-
369,171
Net
ry.
21,180,996
16,390,503
12,734,579
10,156,129
6,882,709
5,428,558
3,936,730
3,530,323
2,692,779
3,625,584
2,798,730
—V.
From
railway
income—
oper.
10,490,923
158, p. 483.
Gross
income—-
oper.
January 1—
'
-
'
-r
-
•
.
'
1941;
$714,215
338,359
208,869
Deprec.
Fed.
exc.
12 Months Ended June 30—
Operating
revenues '
111,421
Operation
-,T.'—-
——L„
—
Maintenance
General
Federal
57,448
.
——_
taxes
".
-
income
taxes—.
1942
$86,761
,-
4,810
.
,
'
55,371
10,301
1,507
—
2,050
158
„.
5,461,922
4,431,041
1,760,028
1,108,892
operating
Retirement
income
$23,647
1-^-'—
accruals
reserve
from
from
ry.
1,209,590
464,739
-
,
1940
Divs.
$19,181
10,204
537
$13,442
1,022
f
$17,792
7,102
11,495
Net
from
Other
operating
L
income
Gross
—
—
bonds
on
———
—
(nefc)„
income
Interest
income
Net
ry.
x
—_
Other
income
income
—
charges—
Net
___■
—V.
157,
164
1941
1940
$1,015,230
$913,420
590,347
550,229
ry.
1942
503,194
3,587,861
The
491,504
255,399
the
tions
3,721,233
Actual
2,732,476
3,296,647
3,238,216
2,222,535
50
have
declared
an
interim
dividend
of
50
cents
per
common
cents
share
per
also
were
made
on
the
stock
common
25,
Dec.
on
24,
50 cents
each.—V,
157, p.
develop.
Period
Ended
June
30—
receivables
acquired
prior to reinsur.
sales—manufacturing
subs.—.
Disc.,
Sept.
$
14,391,054
Prov.
7,245,671
3,588,439
761,307
income
general
&
(except U.
income
and
90,736
•
1,455,457
and
S.
18,070,229
45,002,944
7,270,224
14,320,837
574,578
647,539
233,495
Res. for losses in exc. of net losses-
profits
Crl,500,252
to
losses
Interest
&
and
loss
adjust,
discount
32,554
exps.
charges
4,639,266
756,014
Res. for reneg. and/or exc. pfts. tax
2,595,592
Post
income
profits
war
Net
Net
tax
and
for
for def.
income
surtax
exc.
1,922,314
1,918,683
from
7,669,226
2,043,215
4,100,000
3,4~30~543
profits tax
4,385,587
5,151,341
Cr515,134
operations—
4,285,647
contingencies
price—mfg. subs
for minority interests-
384,658
pure,
74,586
Cr586,634 Cr2,564,531
tax__
refund of
income
Reserves
Res.
&
'
.
'
A.
Net
inc.
credit
to
earned
surplus
3,503,581
8,872,961
958,874
1,056,260
610,771
9,168
1,223
10,715
Common
stock
Earnings
—_
outstanding
259,118
2,762,209
6,847,111
518,236
5,524,419
1,841,473
$1.76
—V.
Consolidated Balance
3,502,359
mine
in
1943
1941
1942
—
Direct
or
small
accept.
loan
unearned
606,503
-
earned
Underwriting
59,711
125,217
$351,067
$334,864
profit—
*$938,535
$213,328
$560,079
$2,303,624
$2,043,176
Net
127,765
303,301^
111,012
$1,911,718
$2,189,319
$2,000,324
$1,932,164
$3,039,349
$1,250,784
$2,213,651
64,253,665
Drl6,59l
59,148,902
Crl5,379
64,715,378
Cr44,118
(net)Crl4,546,758
3,277,074
1,316,426
in
Dec.
special
in
31—_
reserves
v\-.
.*
V-
.
';'
38,529
101,819
78,736
45,000
35,000
75,000
$182,957
$119,309
$0.11
$0.07
bonds
sales
on
Cash
$0.18
'
.
and
stocks
of
bonds
dividends
Cr94,656
$0.09
company on Sept.
1
and
generated
amounting
announced that system output of electricity
purchased) for the week
kwh., compared with
for
the
The
of
an
ending Aug. 29,
157,800,000 kwh.
increase of 30 $>. Local distribu¬
'
.
\
'
.
Net
!
has called for redemption
company
as
of Oct. 1,
1943
a
total
debentures, due April 1,- 1946, at
at the City Bank Farmers
Trust
Co., trustee, 22 William St., New York, N. Y., or, at the
option of the respective holders thereof, at the office of J. P. Morgan
& Co., Incorporated, 23 Wall St., New York, N. Y.—V. 158, p. 887.
$20,000,000
and
of
10-year
interest.
3y4%
Payment will be made
(& Subs.)—
Co.
& Paper
Earnings—
6
Months
Net profit from
Interest
Bond
on
on
premiums, $24,273,025;
$6,157,445; reserve for taxes and
dividends, $2,000,000; reserve for all
000; capital, $5,000,000; net surplus, $77,084,597;
V. 157, p. 2446.
Dallas Power & Light
for
Income
and
taxes
taxes
profits
—
balance Jan.
1,
1942
3,143,751
Mos.—19(42
$7,944,849
2,910,017
166,937
1,408,693
1,418,465
64,309
716,716
705,215
105,936
52,760
905,039
743,556
$181,891
$2,167,396
$2,168,'050
„—
Net
oper.
approp.
756
320
$2,378,172
3,347
$175,498
revenues
$182,211
$2,381,519
income
Other
'
income
Gross
48,420
61,029
873,758
670,555
$121,182
$1,507,761
$1,507,495
applic. to pfd. stocks for the period
507,386
507,386
$1,000,375
$1,000,109
deductions
income
$2,138,744
$2,549,504
38,414
3,761
1,423,325
1,880,667
taxes
$658,432
5,416,219
-V.
——
_
158,, p. 484.
Dallas Railway & Terminal Co.—EarningsPeriod Ended July
$626,663
5,821,047
—
—
1943—Month—1942
31—
$387,983
312,785
246,274
27,766
3,343,713
630,118
18,199
14,376
205,595
164,960
72,677
35,051
893,609
444,655
$64,763
$64,516
$540,807
$607,525
15,505
37,512
186,063
$64,763
$49,011
$503,295
$421,462
$64,763
$49,011
$528,961
22,358
25,700
274,813
306,786
$42,405
revenues
$23,311
$254,048
$114,676
expenses
lien
retail time
Motor
lien
wholesale
Customers'
liab.
on
notes
and
letters
of
advances
*
accts. & notes receivable
Reposs. in companies' possession, deprec. val—
Sundry securities
_L_.
investments
Other
assets
Fixed
facilities
assets
Securities
Deferred
Furniture
contract—
,__L
held by
charges
and
61,634,872
10,721,475
1,^240,792
15,543
573,391
9,896,203
'*654,144
75,958
ins.
fixtures
358,910
4,556,103
20,640,447
686,366
subs
'
Earned
^
Other
173,069
Prop, retir. res.
surplus balance June 30,
share
per
—
Consolidated
...
$6,067,478
$1.57
—
Balance
Sheet,
Net
$5,416,613
$1.65
1942-
June
30,
taxes
oper.
for
Rent
approp.
revenues
lease
of
plant
1943
Assets—Cash, $1,371,161; notes and accounts receivable (less reserve
losses of $21,287), $1,508,074; inventories, $3,558,112; investments
other assets,
$858,475; plants and equipment (less reserve for
depreciation of $11,147,555), $10,544,640;
land and riparian rights,
$4,304,806; timberlands (less depletion), $1,055,190; patents (less amor¬
tization), $101,018; deferred charges, $173,443; total, $23,474,919.
and
Liabilities—Bonds maturing Nov.
1, 1943, $100,000; accounts payable,
property taxes, $297,597; income, excess profits, and capital
(less U. S. Treasury tax savings notes of $1,500,000),
$1,678,046; pay rolls, interest, and sundry accruals, $325,696; long
4
7
Gross
Inter.,
Net
stock
etc.,
deductions
income
Dividends
taxes
$421,462
,
stocks
for
the
26,901
103,901
$227,147
applic. to pfd
Balance
$10,775
period
Consolidated Wagon
Utah-L-Declares
to
Initial
& Machine
Co.,
at
company
of
total
102
$750,000
has
of
and interest.
trustee,
called
for
redemption as of Sept. 27, 1943, a
6% gold bonds, due July 1, 1951,
first mortgage
Payment will be made at the Old Colony Trust
45 Milk S., Boston,
Mass.—V. 158, p. 484.
Salt Lake City,
Liquidating Dividend—
special meeting of the stockholdiers, held July 31, a proposal
liquidate the business and dissolve the corporation was approved
a
——
Bonds Called—
The
Co.,
180,803,920 353,262,005
25,666
—
income
$231,882;
4,758,995
1,123,445
income
Other
—-
2,668,924
110,431
for
At
Total
453,200
term debt, $3,300,000; reserves,
$669,099; contributions in aid of con¬
struction, $1,458; common stock ($25 par), $10,000,000; earned surplus,
$6,067,478;
capital
surplus,
$803,662;
total,
$23,474,919.—V.
156,
p. 1148.
754,105
5,669,446
;
plant
20,571,294
288,940
Inventories
Emergency
7,091,762
126,742,372
credit
Sundry
Other
$
15,945,542
notes
taxes
$6,042,882
412,000
Operating income
1,537,769
sales
Federal
1943—12 Mos.—1942
$5,613,842 ~ $3,996,495
$509,539
41,115
Operating
$6,479,478
Dividends
paid plus State tax———_—
Unamort. discount & exp. on bonds redeemed—
654
$127,078
etc.,
Net
Operating
Earned surplus
$8,552,371
267,501
——
Prop, retir. res.
1943—12
$712,159
246,262
expenses——
Other
process
$174,742
Operating
Federal
in
expenses,
244,904
51,311
revenues
1,738
excess
of
$2,307,700;
$1,100,total, $117,922,767.—
losses
other claims,
Co.—Earnings-
1943—Month—1942
$844,394
Operating
Balance
_r—
income
1943'
for
Dividends
409,079
——
30,
adjustment,
reserve
55,250
operations—
debt—
June
of
course
Liabilities—Unearned
$2,943,548
394,044
$2,547,824
term
expense
Provision
Net
long
(net)
Sheet,
and
1942
1943
30—
—)
stocks, $107,226,516; real estate, $174,006; pre¬
collection, $2,293,714; interest accrued, $254,457;
deposit and in office, $7,274,075; total, $117,922,767.
in
Inter.,
June
Ended
Manufacturing profit and other income
Provision for depreciation and depletion
10,125
1,599,990
—
surplus, June 30_ $79,917,846 $55,168,457 $63,678,098 $58,158,846
Assets—Bonds
f
Consolidated Water Power
Cr21,366
1,999,989
——
*Loss.
period Ended July 31—
$20,000,000 of 314% Debentures for Redemption
—,
—
193,500,000 kwh.,
compared
with
corresponding week of last year, an increase
40.6%.
Calls
Inc.—Output—
to 205,200,000
137,600.000 kwh,
1,999,989
•
miums
887.
p.
Cr30,456
1,999,992
declared
Balance
'
Dr25,31Q
8,774,000
>
(net)L
$294,103
84,582
66,076,028
$81,839,773 $57,137,992 $65,656,721 $59,768,961
187,099
76,612
73,380
$2,492,243
j
market value of
stks,
and
.
—
—
surplus,
Incr.
Loss
expen-
inc.
investment inc.—
$632,814
the corresponding week of 1942,
tion
of
electricity amounted to
of
725,035
$2,317,084
112,492
39,442
Fed.
158,
1943,
1,721,231
807,818
,
$13,479,754 $13,051,183 $11,422,536 $10,182,710
6.287,598
8,556,774
5,617,663
4.751,571
6,064,525
5,432,944
5,591,545
4,871,060
$1,127,631
cur¬
Condensed
33,291,014
44,912,541
& Indus, lien obligs._ 55,876,759 104,453,725
rec
Motor
1940
Inv.—Int., divs. and rents $2,219,838
Expenses
—308,120
Balance
43,047
—
for
1942
$
Cash
|
u
$14,086,257 $13,859,001 $13,143,767 $10,907>745
Losses
M $745,307
devel¬
of
net
period's
Earnings
1943
Open accts., notes,
••
duties, Mr. Goodwin will direct the market analysis
planning activities of the company.—V. 158, p. 669.
Expenses
Net
$460,081
$298,131
of
Sheet, June 30
Assets—
•
-■
new
Premiums
cash
$3.43
share—
per
»
„
Goodwin, formerly advertising manager of this company
15 years, has been appointed director of sales develop-'
past
7
Dec.
$150,309
1;841,473
$1.64
dividends
Common
3,281,049
259,118
2,762,209
1,841,473
dividends
.'
'
"
his
.15
k
'
Preferred
1
'
premium reserve
ex¬
Net inc. before deplet.
Earns, per com. share.
233,495
3~6"939
4,100,000
Normal
Excess
Output—
1,231,360
Canadian
taxes)
Res. for
Insur.
the
Increase
•'
$410,778
35,000
16,303,377
12,886,191
7,335,571
expenses
policyholders—
Canadian exchange fluctua.
excess
Distributions
$4,176,£86'
»-
written
81,513
.
for
23,125,425
admin.
$4,228,930
$318,511
Continental Insurance Co.—Earnings—
1943—6 Mos.—1942
■
tax
100 y2
Gross
783,339.
$149,355
3,424,816
Underwriting—premiums
1
Depreciation
14,357,918
10,025,635
income
Taxes
■
expenses—
(electricity
12 Mos. '43
$
5,092,813
_
Selling,
326,391
3,424,818
'
*■
25
230,507,598 317,133,274 482,871,151
7,303,736
2,939,918
12,460,310
49,724,660
75,071,668
service charges & comm
Gross profit on manufacturing sales
Earned insur. premiums, fees, etc._
Sundry
65,278
285,389
■
Corp.—Earnings-
1943—3 Mos.—1942
Consolidated Edison Co. of New York,
1943—6 Mos.—1942
$
Gross insur. prem.,
4,570,482;
$8,384,442'
L—L—
;
be-
ditures'-
The
Gross
12,353
19,334
Southern Corp.—Weekly
&
Balance
Amort,
2146.
Commercial Credit Co. (& Subs.)—Earnings-
Net
77,263
88,565 4
$341,178
opment
March 25 and June 25, last, while in 1942 the following
payments were
made on the same issue: March
25, 75 cents; and June
and
660,736
5,074,567
stock, payable Sept, 25 to holders of record Sept.
quarterly dividend of $1.75 per share on the pre¬
stock, payable Oct. 1 to holders of record Sept. 17.
Distribu¬
of
5,722,231
$7,980,139
etc—..
the usual
and
ferred
739,861
152,211
chgs.
separately
ploration
6,274,885
7,033,539
3,981,491
3,275,850
income—
directors
on
739,081
483.
—
rent
10,
3,079
28,222
158, p.
income before
shown
Cluett, Peabody & Co., Inc.—Interim Common Div.—
share
361,606
$500,022
285,389
corporation
low
483.
p.
388,539
<1
$81,647
weekly
this
Net
4,064,082
railway
oper.
158,
7,037
12,896
kilowatt hour output of electric energy of subsidiaries
adjusted to show general business conditions of
territory served for the week ended Aug. 26, 1943 amounted to 245,323,592 as compared with 209,951,015 for the corresponding week in
1942, an increase of 35,372,577 or 16.85%.—V. 158, p. 886.
313,822
From January 1—
Gross from railway-
from
The
of
$651,019
535,015
435,617
7,938,908
-
6 Mos. End. June 30—
Period End. June 30—
1943
Net
204
$6,093
$1,041,483
-
4,131,400
5,673,395
$861,628 $13,702,370 $12;954,923
—
railway--.
railway
Net ry.,oper. income—
—V.
27,208
18,066
Consolidated Coppermines
from
Net
$112,849
35,151
115,802
Commonwealth
-Earnings-
July—
Net from
6,783,936
3,355,270
preferred!
and post-war
*
Clinchfield RR,
Gross
Dr851
$7,198
1940.
p.
$131,080
income
oper,
7,518,074
3,130,653
2,506,857
158, p. 688.
In
1940
825,758
'
>
561,040
Continental Can Co., Inc.—Promotion—
*189,557
*5,436
railway
♦Deficit.—V.
Utility
■
stock2_L_
of
,
407,002
*9,841
railway.
,
$18,643
$14,464
from
*
158, p. 387.
$4,050,575 $55,604,926 $51,636,827
1,501,733
20,808,064
18,737,902
$992,439
^
expense,
Herbert
$97,227
railway-
received
1943—12 Mos.—1942
taxes-
Balance
3,558,243
.
"
1941
railway
amounts
as
capital gain in
tax purposes can bo
the final liquidating
$603,900
pfd.
on
.stock
.
ment.
1942
oper. income
All
for
1,126,172
deducs,_L
other
Amortiz.
$527,377
„
From January 1—
Gross
'
"
Utility
Gross
Net
divi¬
ordinary
567,290
income
-V.
1943
•,
Net
CY142
«.
\
July—
an
1,179,425
;
income
&
Net
*128,904
1
Columbus & Greenville Ry.- -Earnings—
1943
$87,569
,
—_L——————
as
treated,
loss
taxes-
profits
Gross
for
Citizens Gas Co. (Stroudsburg, Pa.)- —Earnings-
be
capital
1,807,820
the
and all subsequent liqui¬
recovered.
should
No
amortize—.
taxes
income
stores
in
1
liquidating dividends are U>
the stock to the owner thereof
1943—Month—1942
___
closed.
ninp
as
of
$4,546,973
expenses
&
General
Federal
,
from
been
but
*21,696
255,449
269,571
from
this
the recipients
fully
basis
received.
revenue
Operating
Int.
1942
railway
7,793,816
railway-—3,026,525
Net ry. oper. income—
1,793,302
♦Deficit.—V. 158, p. 483.
Net
In
15.
to
basis
been
cost
have
are
shares of capital stock out¬
25 to stockholders of record
this connection the company
Consumers Power Co.—Earnings—
Gross
.,
$911,602
railway—
$1,192,601'
railway—460,633
from
Idaho., Tnere
received
cost
has
the
which
stores
Richfield,. Roosevelt and Trem-
of counsel,
not taxable
the
the
stock¬
transactions.
retail
150,000
Sept.
on
board
of
the
,
-Earnings— '•
T
1943
from
Net
Net
from
r":
July—
Gross
576,966
Prom January 1—
Gross from railway
Net ry.
Colorado & Southern Ry.
1940
,
$1,504,497
916,549
1,241,915
1,378,621
1
$2,046,505
$2,675,196
•
the
amounts
against
the
of
estate
by
the
company.
opinion
are
real
declared liquidating dividend No.
on
business
'
r!
the
the
confirmation
in
Marketing
'
767.,
p.
by
$75,000
member
any
of
exceed
a
stockholder until he has received
dividend, unless, of course, he sells his stock."—See also V.
and, before that wth S. Kann Sons Company,
Washington, D. C.-^-V. 158,
c.
Cincinnati New Orleans & Texas Pac Ry.—Earnings—
estate
in
to
ratifying all such previous acts
Provo,
Malad
Period End. July 31—
Professor
former
of
"In
applied
year
taken by
,
company on Aug.
27 announced the formation of a Market
Research Department wnich will be divided into two sections---Adver-
at
at
share
per
Rather,
the
♦Including
$3
later
passed
real
Aug.. 26
on
dating dividends
12,193,800
Sales
"505,559
at
to
to
dispose
of
The dividend is payable Sept.
announces:
56,153
tising and Product Research, and Sales Research.
Fremont J. Knittle,
who has been with the company since 1939, is promoted to Manager
of Advertising and Product Research.
Dr. Harry Deane Wolfe, recently
with
the War Production Board, has joined Colgate as
Manager of
.
of
20,269,843
—
—
directors
standing.
938,789
7,875,990,
213,354
12,193,800
18,414,730
also
not
paid
and
additional'branch
Utah, and
being operated
amount
sell
was
in
The
be
may
to
necessity
relative
six
2
amounts
located at Gunnison,
were
now
1,062,917
2,193,806
1 219,725
6,767,643
9,577,035
10,816,722
4,165,997
2,669,888
income—
3,671,756
fluctuations
and charges
subsidiaries
convertible preferred
(2)
resolution
June
tnese
which
the
directors
onton
The
406,714
;
14,990,414
railway—_
railway,
oper.
1940
$1,554,100
244,734
370,746
7,023,387
—
surplus ———
$1,832,180
708,831
3,191,909
income
surplus
$2,027,259
$2,259,753
Net
exchange
Capital
1941
1942
:.
,
railway—
—
Colgate-Palmolive-Peet
1943
the
They
interests,
Earned
Chicago St. Paul Minneapolis & Omaha Ry.— -Earns.—
Gross
Candn.
A
Since
6,013,877
.
.
: "
'
of
2,805,578
subsidiaries
Officer, has
Repre¬
directors; and
without
holders.
losses & conting. on spec, volum.
insurance
of
none
company
coll.—
are
—
for deferred
1,
544.'-"
profits taxes—
exc.
reserve
and general
area.
7,724,491
losses & conting. on lien oblig's.,
receivable-.
!
Res.
the
p.
&
when receiv.
accts.
for poss.
res.
Varney, who will have his headquarters in Minneapolis, effective
comes to Minnesota from- Washington, D.
C., where he has
road's executive representative since August, 1942.—V. 158,
Sept.
been
inc.
Common
Executive
Varneyas
P.
C.
this
the
of
of
9,544,890
9,111,464
1,832,711
partic.
for poss.
Res.
9,462,499
10,495,242
Canadian
by the-Company,
aggregate,
75,958
reserves
notes
growing
constantly
and
credit
,
employees upon their being
released
15,285,046
S.
Margin due cust., only
Minority
the
of
U.
Other
1940
$9,900,352
Promotion—
-
letters
on
■
12,707,467
Res.
Net ry.
;
-
1949—i„
liabilities
1'
.16,152,500 185,796,000
Li
15,000,000
1,500,000
1,500,000
30,000,000
30,000,000
;
i
»•
agts' accts. payable cdt. balances
Sundry accts. pay., incl. all Fed. & other taxes
1941
1942
5,633,503
4,673,592
s
*.
69,955,802
23,511,701
17,293,189
3,878,251
ry. oper. income
Prom January 1—
Net
'
$15,930,871 $12,843,694
1943-—'-,:—
notes
Conting.
Chicago Rock Island & Pacific Ry.- -EarningsJuly—
Feb.
Mfrc'. & Sell,
(Continued from page 947)
Gross
note
2>/4%
Investment News
notes
lx—
1943——;
due
due
l'/2%
'
t1
Cooper
Bessemer
Corp.—No
Common Dividend De¬
clared—Business Ahead of A Year Ago—
The
directors
on
Aug.
30
declared
the regular
quarterly dividend
THE COMMERCIAL & FINANCIAL CHRONICLE
982
of *75 cents per share on the $3 prior preference stock, no par valuo,
payable Oct. I to holders of record Sept. 15,
B. B. William, Chairman of the board, announced that "owing to
certain difficulties
resulting from the abnormally high volume of
business due to war conditions* it seemed best to postpone considera¬
tion of a common dividend pntil later in the year.
Measures to
correct the situation will be-"presented to the shareholders in the
near
future," he added.
Distributions of 50 cents each were made
on the no par value common stock on May 1, last, on May 1, Nov.
2
and Dec. 28, 1942, and on Nov. 1, 1941.
The previous payment, also,
one of 50 cents, was made on Jan. 1,
1931.
The company further announced that its volume of business is
running considerably ahead of last year with corresponding improver
ment in financial results.—V. 158, p. 669.
Detroit & Toledo Shore Line RR.—Earnings—
from
Gross
Net
from
Net
ry.
Like amounts were paid on April 1 and July 1,
is the fixed'quarterly '<dividend which
record Sept. 4.
declaration
current
due
of record
1943.—V. 158, p. 669.
July 1,
holders of
from
Net
ry.
—V.
77,865
26,458
2,539,585
2,433,743
2,498,331
2,162,919
Gross
1,387,071
510,179
1,260,807
1,411,648
1,133,531
Net
579,423
499,810
railway
income—
484.
oper.
158,
p.
sales
427,314.
estimated
surtaxes
and
taxes
Federal
excess
in-
revenues
$4,915,750
2,126,796
225,415
528,449
303,000
697,000
—
Est.
Fed.
Operation
Maintenance
Fed.
retirements-
for
Prov.
prof, taxes.—
exc.
Prov.
taxes—
income
Federal
of
antic,
in
,
in¬
to
tax.
2,998,705
f2,582,829J
J
profit' after all taxes
12
respect
in¬
profits
than
taxes,
& excess
398,414
income
Int.
corp.
income
Net
Preferred
-
*Net
paid—
•—
includes
6,286
$2,646,956
7,999
$598,594
$3,090,577
$2,654,955
213,663
$78,000
.
760,651
808,660
$2,329,946
.450,012
$1,846,295
$272,429 *$1,879,934
$1,396,283
„
$384,932
112,503
*$302,805
....
income
June 30,
$3,084,291
;
$415,308
112,503
—
divs.
Balance
$597,094
1,501
223,146
income..
& amort, charges.
Gross
1,493,645
$638,454
——,r—r
1,599,237
$636,676
1,778
Net oper. revenueOther
373,632
for
the
three
months
450,012
period
ended
1943, and $390,672 for the twelve months period ended June
30, 1943, representing estimated postwar credits equivalent to 10% of
Federal excess profits taxes.
Accruals of Federal income and excess
profits taxes for the eight months period ended Aug. 31, 1942, were
made at the rates specified in the Revenue Act of 1941 and, in addi¬
tion, provision amounting to 31% of the accruals wa& made for anti¬
cipated increased Federal taxes for such period. Because of the retro¬
active enactment in October, 1942, of the Revenue Act of 1942, accru¬
als for the first eight months of 1942 were adjusted subsequent to 'Aug.
31, 1942 to give effect to the increase rates and postwar refund pro¬
visions specified in such Act; consequently, che accruals for the twelve
months ended June 30,
1943 include amounts of postwar credits prop¬
erly applicable to the entire 18 months period from Jan. 1, 1942 to
June 30, 1943.—V, 157, p. 2147.
Deere
The
Co.—Declares $1 Dividend—
&
have
directors
declared
dividend
of
$1
$688,509
$434,413
297,113
297,113
$2.32
and
$699,J41
280,426
$2.49
special dividend of five cents per share and
$1.46,
.
.
.
1943
Julyfrom
Net
ry.
$4,195,462
income..
792,826
1,328,865
*655,588
oper.
Michel will continue
Net
8,462,106
ry, oper. income—
—V.
5,039,621
for. dividend
4ya%
on
available, to
state
requirement-.—.,
prior pref. stock—
500,000
taxes
6%
Stock
preferred
$1,383,555
$1,913,637
stock—
preferred
$2,492,284
1,108,729
<
•
*,
dividends:
on
of 6%
$3,022,366.
1,108,729
$5.11
$3.70
'
1
,
dends
resumed
were
thife> issue.—V, 158, p. 485.
on
as
Eastern Utilities Associates
Period Ended July
Operating
Treasurer and Chairman of the Finance Com¬
J. H. Stovel, Vice-President a,nd-General Manager, has been
a
director to fill the vacancy caused by the resignation of
Baragwanath, whose present interest in the Nicaro Nickel Co.
of Cuba has prevented his full participation in company's activities.
It is further, announced that
"Mr. Bache, whose affiliation with
Dome
dates virtually from
the company's inception,
will continue
his substantial interest, as well as that of his family, in the company,
and, as Chairman of the Board, he will supervise the company's major
policies.''
Mr. Michel has been active
••,'!''•
'
.
as
an
officer
and
director
•
Taxes
Interest
$133,107
$2,875,720
$2,388,059
61,800
759,310
760,100
$136,774
41,632
$71,307
37,493
$1,627,959
2,915
1,736
$2,118,410
,.
487,808
10,468
$92,226
———"
amortiz,—
$32,078
$1,612,134
$1,176,985
Pfd.
div.
.
—
deductions—B.
V.
G.
E.
&
Applicable! to minority interest-
Committee
1943
Applicable to E. U.
158, p. 670.
statement
$212,351
prof it, after charges
'
$257,050
Condensed Balance Sheet, June
'
——„
S*
Treasury certificates of indebtedness
Accounts receivable (less reserve).
receivable
Merchandise
—
(less
Unexpired insurance,
for
6 Months
thfc
Ended June 80
$11,318
$12,760
-
:!
capital stock tax,
1942
.
2,563
:
———
———;
' cost)
!
7,319
$10,126
~
8,872
;
$983
$1,254
10,964
10,21.4
—
paid
741
V '
"
$8,303
i-
-
1,894
453
etc.————-■
v
income
Dividends
1,716,938
440,706
—
Balance
46,672
:
4~6~526
1
!
Sheet,. June
30,
1943
■
Assets—Cash, $111,632; dividend^ receivable, $2,712; interest receiv¬
able, $81; accounts receivable from securities sold, $5,738; accounts
.2,164
1
prepaid expenses
etc.,
$1,082,072
121
1,264,317
419,682
reserve for deprec.)profits taxes——
Post-war refund of excess
Net
379;07i
192
—
age
;
$274,300
t
422,589
——_
,
Land, building., etc.
1942
1943
$846,913
220,486
.
17,261
,,
.
$1,511,973
——
Net income after taxes——!——---—
Loss from sale of securities (on basis of aver¬
30
■■
of Income
income
Federal
;
———
77,652
22,509
.
1943
*$202,565
$78,401
*Loss.
77,652
!-
——
——
14,072
'
1940
1941
A
Co.—
436,901
Eaton & Howard Stock Fund—Earnings-
Expenses
1942
73,410
-V.
on
6 Mos. End. June 30—
Notes
and
Balance
,
(W. L.) Douglas Shoe Co.- -Earnings—
U.
$2,314,650
Miscellaneous deductions
887.
'
63,260
$2,390,971.
484,749
accruals-
income
Gross
Listing of the New York Curb Exchange has
approved the listing of 275,000 additional shares class A common stock
(par $1) upon official notice of issuance. Domestic Industries, Inc., is
the proposed new name of Merchants & ^Manufacturers Securities Co.
—V. 158, p. 769.
!
Br350
$200,034
Retire.. res.
$133,457
26,961
,
in the man¬
Domestic Industries, Inc.—Listing—
Net
$173,073
Balance
agement of Dome and its important subsidiaries, Sigma Mines,-Ltd.
Indian Molybdenum Ltd,
He is associated with Mr. Bache as a
The
35,792
156,648
taxes)
Net operating revs.
Non-oper. Income (net)
and
p.
inc.
1943—12 Mos.—1942
$871,462 $11,049,942 $10,728,441
5,491,947
6,590,625
615,594
40,073
453,302
472,542
82,338
2,449,303
1,615,045
$885,260
519,748
revenues-
(incl.
(& Subs.)—Earnings—,
1943—Month—1942
Maintenance
partner in the banking and brokerage firm of J, S. Bache & Co.
They both hold directorships in Tennessee Corp., New Amsterdam
Casualty Co., United States Casualty Co. and Julius Kayser & Co.—V.
158,
31—
Operation
G.
Total
1940
1-—;
— ———-
total,
receivable—miscellaneous; $441; marketable securities* $568,205;
$688,809.
■; .V. ■..
'
; '
-
$3,223,018
payable
for
securities
purchased,
$21,111;
accounts
payable—miscellaneous,
$93;
accrued
tax
liability, > $886;
capital stock
($1 par), $55,438;
paid-in surplus, $560,164; earned
surplus
(deficit),
$13,773;
unrealized
appreciation,
$64,890; total,
.$688,809.—V. 157, p. 2248.
-■
$2,857,665
Liabilities-
$2,343,971
750,268
Accounts
828,885
556,410
♦Convertible
payable and accrued payroll—
prior preferred stockstock ($100 par)——
—
15,167,263
5,954,668
4,374,907
4,263,037
Surplus
2,993,580
Accrued taxes and expenses,
——
—!
(estimated)—
-
—
—
etc.
$390,932
$347,527
2,165,520
95,200
87,279
419,751.
107,741
—_
cumulative preferred
Common stock (no par)
18,274,787
25,866,520
8,909,703
5,091,317
avail,
The trustees on Aug. 26 declared a dividend, of 75 cents per.share.
account of accumulations on the 6% cumuli preferred stock, paY
$100, and the usual quarterly dividend of., $1.12Vz- per>share on the
44Va% prior preference stock, par $100, both, payable Oct. 1 to holders
of.record Sept. 15, out of surplus.
1.
Distributions of 75 cents per share have been made each-quarter on
the 6%, preferred stock since and including April 1, 1941, when divi¬
elected
7%
27,500,656
,
on1
mittee.
J.
$2,970,865
1,113,485
From
January 1—
Gross from railway—
Net from railway
,•
—.
—
contingencies*,
Liabilities—Accounts
1941
$3,859,657
1,366,945
——
—
—
"
1942
railway—
railway
1943
1942
$16,979,250 $15,519,878
5,121,423
4,903,842
4,802,852
5,571,277.
2,508,709
2,401,048
580,717
594,610
..a—
.expense
Accrued Dividend—
Ltd.—Changes in Personnel-^
Goodwill
Net
—
taxes.*.——j*
depletion
Earned, per .share
.
Delaware & Hudson RR,—Earnings—
Gross from
inc.
before
and 90% with respect
credit of excess profits tax
S.
Assets—;
regular quarterly
dividend of* 25 cents per share have been declared on the common
stock, both payable Sept. 15 to holders of record Sept.
1.
Like
amounts were disbursed on June
15, last..
Previously, the company
paid a regular dividend of 15 cents and a special of five cents per
share each" quarter.
In addition, a year-end distribution of five
cents was made on Dec. 24, 1942.—V. 157, p. 2147,
and
for
Balance
surtaxes
tAfter post-war
Bache, President of this company since 1918, has resigned
directing head of this Canadian gold mining company and
has been elected to the newly created post of Chairman of the Board
of Directors.
Clifford W. Michel, formerly Vice-President, Treasurer
and Director, has been elected President succeeding- Mr. Bache.
Mr,
Cash
a
July 31—
income—-.u-
income
,Div. Requirements
.
A
152,033
active
as
per
Delaware Fund, Inc.—Extra Distribution—
270,951
274,448
679,049
512,332
—
Provision
Total
share on the
Common stock, no par value, payable Oct.
18 to holders of record
Oct. 2;
A similar distribution was made on Sept. 1, this year, while
in 1942 the following dividends
were paid; Sept.
1, 35 cents; and
Oct. 19, $1.—V. 158, p. 484.
a
Dome Mines,
Jules
for
Debt discount and
Note—Voluntary price reductions made on all contracts on hand on
April 1 and others during the second quarter of 1943 amounted" to
approximately $1,000,000 for the .quarter, H. H. Doehler, Chairman,
stated in a letter to stockholders.
These reductions were made possible '
by high profits due to increased volume.—V. 158,' p, 887.
468,945
181,169
earnings
1942
on
come
407,855
.
267,209.
.
...
normal
to
profits taxes,
of $267,209.
excess
consolidated
.Interest.
480,079
543,261
.
creased Fed. taxes on
Other
1,425,362
99,826
2,295,416
624,388
456,297
Gas & Fuel Associates—Earnings—-
Months Ended
^Provision
1,722,481
.
*161,542
\ *2,402,750
,
of capital
with
1,784,760
75,944
2,350,104
485.
p.
Depreciation
adjustments
post-war
1940
$294,296
76,186
56,365
income...
oper.
158,
Total
profits
& surtaxes—)
profits
excess
1941
126,540
$324,729
93,406
70,466
income
oper.
railway.:..
from railway.—:
Net
Net
*45%
$4,226,012 $19,520,562 $17,371,700
1,840,345
8,391,181
7,616,642
842,119
811,188
197,278
1,669,445
2,104,055
452,077
1,347,870
265,900
1,068,324
1,317,008
2,431,335
318,516
1941
■
3,538,547
Fed/normal inc.
Provision for
1942
.
...
Est.
,1942
-$403,094
1,011,642
from
Eastern
1943
,
Gross
ry.
Net ry.
$24,277,580 $14,686,416 $12,265,877
stock outstanding
Earnings per share—...
...
1943—12 Mos.—1942
Net
94,684
railway..^. 1
from railway.:....
—V.
...—
before
1943
$349,212
*
,
from
Net
Doehler Die Casting Co.—Earnings—
Shares
1943—3 Mos.—1942
'
218,841
Gross
From January 1—
6 Months Ended June 30—
was;
Dayton Power & Light Co.—Earnings—
Period End. June 30—
July—
$23b,346
134,713
45,381
income—
1—
railway.!—
last.
,
1940
.
$371,125
oper.
Net
per
$3
no par value,
payable Nov. 10 to holders
A similar distribution will be made on Oct. 1 to
15.
The
the
stock,
ferred
Oct.
share has been declared on account of
cumulative and participating prior pre¬
cents
75
on
Duluth South Shore & Atlantic Ry.- -Earnings'
1941
$332,283
170,163
42,081
railway..
from
come
of
dividend
A
accumulations
$306,730
railway
From January
Gross
Profit
Prior Pfd. Div.—
1942
1943
July-
Net
Curtis Publishing Co.—75-Cent
Monday, September 6, 1943
2,154,480
113,600
.
80,305
——————
$3,223,018
,
.
.
Eaton & Howard Balanced Fund—Earnings— °
47,454
6 Months Ended June 30—
70,894
'
1943
$80,618
,
Interest
$2,857,665
1941
1942
$89,466
34,308
Income—Dividends
158, p. 669.
Total
.
33,940
——————
,
■
.
$67,268
*
14,298
.:
r
..
.
*
Delaware Lackawanna & Western RR.—Earnings—
July—
1943
from
Gross
railway
Net from
railway
Net ry. oper. income..
1942
$7,423,856
2,668,741
1941
$6,300,589
1,208,346
'
1940
$5,360,938
1,743,510
312,145
29,886,500
6,579,930
3,168,386
47,370,105
16,774,603
40,833,982
13,147,164
34,181,793
7,652,506
6,144,464
6,297,924
10,395,390
July—
Net
1943
from
from
railway....
railway
The directors
Net ry.
oper.
income...
1941
.
1948
$4,807,770
$2,497,463
$2,075,128
2,847,390
2,109,990
485,592
340,348
1,666,290
1,805,899
250,217
46,237
25,877,576
15,252,320
13,344,005
9,188,773
2,368,507
798,867
1,780,803
*77,411
7,320,217
Net
$236,710
$222,444
$93,686
69,429
65,813
*30,364
94,630
90,951
Net
from
1,122,932
562,680
486,867
1,121,194
134,589
301,480
Net ry.
railway
349,137
1942
1941
1940
$76,175
$82,025
J.
New
York, N, Y;—V.
16,975
22,208
34,759
11,485
13,044
25,133
582,170
85,851
14,552
income—
511,371
119,326
427,240
425,039
64,931
72,515
69,566
14,140
24,505
484.
Detroit Toledo & Ironton RR.July-
1943
railway
railway
Net ry. oper. income
From January 1—
Gross
from
Net
from
Net
ry.
—V.
railway
railway
oper.
income
158,
Period End. June 30—
Operating
p.
485,
'
deducs
1942
1941
1940
$636,502
263,989
146,057
$736,831
392,269
247,422
$432,311
138,563
5,665,777
2,721,364
4,889,474
2,097,468
1,519,970
1,127,913
5,434,454
2,988,62 1
1,854,631
4,388,799
2,077,796
1,393,854
.
1943—6 Mos.—1942
revenues——
State
Net
Other
rev.
(other
taxes
.
than
cost.
on
sales of
securities
are
$110,694
3,208
29,951
Crl8,638
$77,535
88,806
-
determined
$66,858
i
$85,490
78,693
.
•
on
a
basis
.
Sheet, June 30,
1943
1
•»
$326;
receivable—miscellaneous,.
marketable securities,
Liabilities—Accounts
$27,621; deferred custodian's fees,
$5,413,166;
total,, $5,807,309,
securities purchased,
$147,849;
payable—miscellaneous, $2,485; accrued tax liability, $750;
capital stock ($1 par), $283,290; paid-in surplus, $4,599,723; earned
surplus,'$253,230; unrealized appreciation, $519,980; total, $5,807,309.—
V. 157, p. 2248.
12,066,790
6,894,841
4,462,325
payable
for
accounts
,
'Electrical Products Corp.
taxes
taxes
(& Subs.)—Earnings—
6 Months Ended June 30—
1942
1S43
Gross
profit from rentals and sales———-—
$627,543
Selling," admin, and gen: expenses—189,242
v
Operating
Dividends
Bad
1943—12 Mos.—1942
other
$21,530,755 $20,067,189 $41,828,486 $39,380,292
10,692,868
9,588,071
20,732,630 19,114,558
profit
income
.
$511,819
246,898
$438,301
7,321
$264,922
7,321
10,558
48,858
16,908
$505,038
—
received '—!
debt recoveries,
;
$289,150
commissions, discount and
:
——
———
.
Earnings of contracting projects——
in¬
—
-
income
income
operating
-
73,882
Income
1,348,353
2,050,000
345,227
1,316,714
1,862,500
350,000
-
2,633,704
3,912,500
695,227
Total
2,614,624
3,954,250
673,550
——
surplus, beginof period
Total
—
—
Charges to surplus
5%
cumulative
pfd.
stk.
income
——
—
——
Interest, discolints and other sundry deductions
Prov. for Fed. income tax conting. (est.)—^
Earned
.
of
surplus,
period
$7,002,140 $13,971,430 $13,130,520
1,354,660
2,966,975
2,621,883
$5,581,887
$5,647,480 $11,004,455 $10,508,637
11,711,234
11,439,798
11,464,269
$17,293,121 $17,087,278 $22,393,919 $21,972,906
6,180
812,300
6,180
812,413
687,500
687,500
1,375,000
4,198,014
4,198,014
8,611,312
1,375,000
8,396,029
end
—-
,
Total
Cash
!
profit
Previous
24,376
262,325!
at June
$12,401,427 $11,389,464 $12,401,427 $11,389,464
,
—
——
—
^ividends paid
Balance
surplus
—'1
*
—
-—,
consolidated
—
8,249
140,450
■
$218,337
$140,450
815,057
805,294
$1,033,394
$945,744
131,001
131,001
$902,393
——,
30
Earns, per share on capital stk. (262,002 shares)
11,389,464
.
divs
—V. 157, p. 2248.
$7,150,487
.Net
$6,949,904 $13,854,425 $13,023,310
52,236
117,005
107,210
first
divs
stk.
$7,094,307
56,180
1,568,600
—
deductions
income
Net
—
income
Common
158, p. 484.
revenue
income
Gross
ing
Earnings
$741,261
307,243
196,587
from
from
.
profits—$152,657
cash107,372
in
and losses
:accounts
2,706,316
Duquesne Light Co.—Earnings—
Earned
Net
11,548,126
7,427,070
481
Cr52,757
$87,679
91
from railway
from railway
Gross
17,885,898
21,671,475
13,410,260
3,282,675
-
-
$81,566
14,708
Assets—Cash, $318,069; dividends receivable, $20,350; interest ac¬
crued,
$25,957;
accounts
receivable
from
securities
sold,
$1,819;;
have been called for redemption as of Oct. 1, 1943 a total
$600,000 of 1st mtge. 3J/2% bonds due Oct. 1, 1962 at 105, out of
in the sinking fund.
Payment will be made at the office of
P. Morgan & Co., Incorporated, sinking fund agent, 23 Wall St.,
come
8,558
Gross
p.
3,508,440
income—
1940
$4,254,985
3,196,565
moneys
Federal
$84,361
railway
oper.
189,613
Ry.—Earnings-
ry, oper. income...
From January 1—
158,
railway--.
oper.
Taxes
1943
ry.
18,834,803
9,277,276
u
Oper.
Net
—V.
319,878
158, p. 484.
Net
railway-
$5,204,128
3,991,396
3,271,547
$100,381
^
——
Balance
1941
1942
$6,279,940
4,708,085
1,023,389
and
paid
of average
,
income...
Net
from
,.
—
income
♦Gains
*3,510
1,413,239
Detroit & Mackinac
from
1940
67,344
July—
Gross
1941
1.753,589
487,027
railway
Net from railway
oper.
$6,480,971
4,674,838
1,872,848
-
railway.——
from
Net
'
1942
73,894
from
•Deficit.—V,
from
railway-
Net ry. oper. income—
From January 1—
of
$260,523
Net ry. oper. income
From January 1—
ry.
Earnings—
■ 2943
railway....
Net from railway
Net
from
14,545
Income
■Dividends
Bonds Called—
from
Gross
Net
$123,406
12,712
.
There
Denver & Salt Lake Ry.Gross
1943
July—
Gross
♦Deficit.—V. 158, p. 574.
July—
Wt
Federal cap. stock, etc., taxes—
*
•Loss from sale of securities—i
stock, no par value, payable
Sept, 1 to holders of record Aug. 25.
A similar distribution was made
on
March 1, last/ which was the first payment on this issue since
an
initial of 20 cents per share was paid on April 22, 1938.
The
stock is cumulative to the extent earned.—V. 157, p. 602,
Gross
40,159,882
17,887,117
10,294,195
19 declared a dividend of 50 cents per share
Aug.
on
the 80-cent convertible prior preferred
on
$114;926 '
——————
Expenses
Duluth Missabe & Iron Range Ry,—Earnings-
$6,251,199
...
Net ry. oper. income.!..
From January 1— ,
Gross from railway
Net from railway
1942
1942.-1
Distribution—
'
Denver & Rio Grande Western RR;- -Earnings—
Gross
i Total income
107,724'no par
50-Cent
778,869
From
January 1—
Gross from railway...
Net from railway.....
Net ry. oper, Income..!
—V. 158, p. 484.
shares in
$4,134,081
1,011,812
2,113,810
916,318
*Represented by 108,276 no par shares in 1943 and
$814,743
$0.83
$0.54
'
Consolidated Balance
Assets—Cash
on
Sheet, June 30, 1943
hand and demand deposits, $848,534; U. S. Govern¬
ment securities, $300,017; customers' obligations (less reserve of $22,210), $221,557; inventories, $622,207; investments and other assets,
$137,744; investment in rental equipment, $422,450; land, $234,842;
buildings, machinery and equipment (less reserves for depreciation and
amortization of $331,614), $305,258; patents, $1,825; rental agreements,
$676,293; deferred charges, $85,591; total, $3,856,319.
Liabilities—Accounts
accrued taxes,
payable, $103,006; dividends payable, $65,490;
$146,924; income taxes, estimated, $262,325; reserve for
Volume
THE COMMERCIAL & FINANCIAL
Number 4209
158
losses on signs and general contingencies, $231,483; deferred income,
$35,225 rental agreements,' $676,293'; capital stock (par $4), $1,048,008;
capital'-surplus, $385,173;• earned'Surplus, $902,393; total, $3,856,319.
—V. 156, p, 957.
,
•
■
,
Florida Power Corp.
Operating
revenues
Operating
revenue
For
of
Services, Inc.—Weekly Input—
the
week
operating
American
National
week
ended
Power
Power
during
&
&
1942
Services,
Ebasco
Co.,
Light
Light
were
Co.,
Electric
&
Power
with
compared
as
Other
the System inputs of client
Inc., which are. subsidiaries
1943,
26,
Aug.
of
companies
Light Corp. and
the corresponding
income
taxes
Interest,
deductions—^
1942
established
$4,770,517
3,284,867
256,478
u
taxes
and
2,950,742
296,973
—
—
dividends
&
322,221
$1,273,695
8,882
10,520
$1,252,900
(net)
$1,294,191
—
Operating Subsidiaries of—
i
American Power &
Electric
Power
&
194,755
National Power & Light Co.—-
The
..
above
panies
not
figures
include
not
do
85,208
.
Income
inputs of
158, p. 887.
any
_
Net ry.
Gross
income
oper.
From
•
158,
19,138,381
5,253,008
978,046
The
City
Bank Farmers
400,000
11,470,616
3,770,991
2,224,621
I
485.
p.
16,491,637
7,242,493
4,030,732
19,234,867
7,141,287
1,623,341
shares
of
Trust
the
$5
'
.
Emerson Radio & Phonograph
for
725,102
424,019
,
expenses!
1943—Month—1942
revenues—
Operating
Federal
Other
$1,559,949
579,017
.
I
'
taxes
taxes
234,991
84,255
85,274
res.
approp.
175,000
oper.
fr.
2,100,000
$486,686
revenues—
lease
of
plant
i
((net)
,
'
Operating income
Corp.—Registrar—
$410,958
$6,673,239
appointed as registrar
capital stock of the above
income
•
income
$410,958
$6,673,239
$5,585,241
1,080
128
10,030
36,094
$487,766
$411,086
$6,683,269
value
income
Gross
Inter.,
corporation.—V. 158, p. 887.
354,611
4,278,484
4,220,017
$56,475
$2,404,785
$1,401,318
the period
1,153,008
1,153,008
»
etc.,
'
deductions
Quarter Ended July 31—
profit after charges and
Net
Earnings per common share
158, p. 389.
—v.
1942
*$17,578
Nil
1943
$23,738
$0.10
taxes
1941
*$40,549
Nil
Provision
for
63,000
$552,651
115,000
$478,196
__
$488,918
$425,918
Operating
after
taxes
before
but
write-offs
Deprec.
&
;
—
deferred
development—
322,628
.
profit
ry.
From
Gross
$136,183
$155,568
426,085
401,794
29,305
66,475
ry.
income
$267,419
:
accruals
reserve
$225,971
82,736
30
1942
_*
as
of June
1943
Position
Financial
$2,569,234
accounts
Securities
_
Investments
Metal
re
*
and
2,153,392
51,750
2,037,039
74,959
—
companies——
—
supplies
smelter
♦Other
757,755
35,100
1,976,433
.
——_
—
supply
power
Mill/mine
—
—_
associated
in
inventories
Deposit
receivable
$139,074
114,633
.
74,959
513,144
647,855
income
Gross
Total
—
Other
12,628
Wages
i(\
.
$7,534,229
■
—
Accounts
payable
$112,412
___232,583
1
:_i
Net
211,098
182,165
116,540
—i.:
$522,622
$440,050
7,011,606
6,555,765
;
assets
—V.
158, p. 289.
for
the
A dividend of 25 cents per share has been declared on the common
stock, no par value,-payable Oct. 1 to holders of record Sept. 15.
.This compares with 75 cents paid on June 25, last, 25 cents on
April 1, 1943, and 50 cents on Jan. 1, 1943.
Payments in 1942 were
as follows;
Jan. 1, 75 cents; April 1, 25 cents; June 25, SIVz cents;
1, 25 cents.—V.
V Fidelity-Phenix Fire Insurance Co.—Earnings—
■Underwr.
in
Increase
1941.
$11,295,852 $11,313,424
written
prem.
1942 •
1943
>
Expenses
327,633
963,724
842,720
355,043
$10,349,699
$9,124,360
Gross
June
30,
1943
from
filirig
periods).—V,
157.
7,517,433
4,388,804
4,446,034
4,328,250
$1,058,644 *$1,556,537
$350,076
$494,376
'
inc.—
1,741,734
Net
surplus
Profit
&
31—1
Dec.
sale
on
bonds
of
1,816,775
4,133,160
$260,237
46,360,302
$2,122,338
50,370,859
1,421,254
$1,915,630
50,615,645 .51,504,983
stocks
of
19,375
*4,674
.127,437
30,365
consolidated
Increase
.
income
;
2,726,645
36,575
13,357
1,279,570
Cr46,628
1,499,996
1,499,995
1,499,995
1,199,995
surplus
June
♦Loss.
,
■
,
,
Balance Sheet, June 30
.
Assets—
1943
and
Bonds
,Real
stocks
estate
Interest
,
Cash
&
of
course
rents
1942
171,407
———_
collection
accrued—
for
.
_—
V
i
,
___________
~
—
income
taxes
Other
claims
adjustment
—
5,605
$321,780
273,990
dividends
Reserve
for
taxes
&
surplus
;
expenses
—
June 30, '43
,
—
p.
—_____________
-900,000
1,500,000
852,750
3,750,000
42,122,475
62,723,630
$94,931,227 $72,211,569
■•■■•'
2448.
Gross
1943
-
from
of
♦Fixed
oil
crude
$573,876
$512,384
723,789
*22,329
*125,938
•
808,461
657,934
*112,969
materials
and
supplies-—
100,000
—
assets
100,000
33,008
118,109
675,833
—
669,767
1,616,887
w
assets
—*
,
20,619,942
10,699,083
7,426,278
4,372,927
2,262,912
1,873,133
6,419,792
3,528,963
1,259,270
914,518
Net
*
railway
railway—:—
ry.
oper.
Florida
of
payable
Oct.
was
made
;of $7
158, p. 670.
Portland
directors
account
p.
income—
Deficit.—V.
The
on
•
on
Aug.
accumulations
on
Dec.
30
to
Cement
Co.—Accrued
18 declared
on
holders
Nov. 7,
1942;
the
of
1%
a
dividend
cumul.
record
none
since.
Oct.
of
Dividend—
$3.50
per
preferred stock,
15.
A
similar
share
par
on
$100,
distribution
The previous payment was one
13, 1941, compared with $3.50
485.
share
per
8%
4une
on
at
as
from
declared on account of
preferred stock, par $100, pay¬
21.
Similar distributions
record
last,
1,
June
recently
was
cumulative
of
1,
and
1943,
Aug.
March
on
amounted
to
2
and
$98
1,
Sept.
1942.
share.—V.
per
156,
(&
Subs.)—Earnings—
1942*
1943
1941
$1,733,515
$1,792,857
$1,353,522
23,693
26,591
21,253
16,116
$1,757,208
17,879
$1,819,448
$700,493
3,000
3.40Q
$1,374,774
15,306
3,750
fl,175,961
tl, 299,364
f709,796
139,715
$450,368
$500,384
313,875
$645,922
313,875
$528,523
209,250
$241,118
$186,509
$332,047
$266,960
209,250
209,250
209,250
209,250
$2.15
$2.39
$3.08
$2.52
income
charges
and
of
debt
16,300
expenses
for
for
Net
;
;
______
.
.
Federal
13,343
18,490
422
■
..
inc.
contingencies-
110,000
income
Dividends
*$684,377
disct.
taxes
Prov.
1940
oper.__
credits—
income
Income
paid
Surplus
Shares
$3,335,902
$120,000
$120,000
payable to bank—secured (form A monthly
!
—
65,142
84,753
80,854
102,144
Proyision for State income taxes
—v
6,800
Notes .payable to bank—secured (form C notes)
v——
Notes payable due after one year—130,000
Common stock ($1 par)——768,607
Earned
surplus
1,960,450
379,848
payable—trade
————
——.—
—
—:
Total
$3,131,853
2,532
46,410
261,563
$3,335,902
depreciation, depletion and amortization of $938,757
30, 1943, and $859,403 at Dec. 31, 1942.—V. 156, p. 1048.
Fonda Johnstown & Gloversville
Period Ended
Railway
Ry.
oper.
Other
expenses
tax
rents
July 31—
revenues
oper.
Railway
Net
stock
common
outstanding
(no
par)
share
per,
♦After
deducting Canadian exchange adjustment, $21,607.
tlncludes
provision for United States and Canadian excess profits taxes amount¬
ing to $942,604 (after U. S. and Canada post-war refund credit of
$105,772 and U. S. debt retirement credit of $4,000) in 1943, $1,044,in
and
1942
$431,390 in
;
accruals—
(Dr)
ry... oper.
________
income-
income
RR.—Earnings-
1943—Month—1942
$69,242
$57,534
40,112
2,993
793
$25,343
14,758
40,923
2,719
452
$13,440
,,10,361
Sheet,
$1,551,578;,, U.' S.
receivable
accounts
1941.
Balance
30,
1943
securities,
$526,000;
for doubtful accounts of $84,606b
$2,723; inventories, $2,770,718; invest¬
ments, $100,323; estimated
post-war refund
of U. S. and Canada
excess
profits taxes, $349,825; plant property (less reserves for depre¬
ciation
of $3,181,092),
$3,138,142;
patents and trademarks, $1; de¬
ferred charges, $338,741; total, $10,270,237.
$1,492,186;
(less
June
Government
Liabilities—Accounts
and
profits
excess
Canada
income
reserve
advances,
expense
$238,532;
payable,
profits
excess
U.
S.
and
Canada
incoma
in
1943,
$1,400,846;
U.
S.
and
taxes—estimated—payable in 1944,
taxes—payable
and
1943—7 Mos.—1942
$521,617
$995,09,2
305,200
274,700
20,639
18,564
7,259
4,338
$188,519
14,829
10-year 4Vas%
$1,276,344;
accrued salaries
$409;
and
convertible notes (series of 1936 and 1937),
wages, commissions, etc., $471,172; accrued
miscellaneous
taxes, $180,817; five-year bank loan, due May 31, 1945,
$290,000; reserve for contingencies, $360,000; capital stock, $209,250;
capital surplus, $1,066,238;
earned surplus, $4,776,628; total,
$10,270,237.—V. 157, p. 1178.
V
The
American Life Insurance
resignation of Jack T. Lynn
Vice
President,
his
as
President.—V.
Head,
has
successor
157, p.
Aniline
General
as
Co.—Promotion—
Vice President in charge of tha
and the appointment of Ripley E. Bowden, Second
Agency Department
&
473.
been
announced
by
$97,431
11,119
Walter
W,
.,
Film
Corp.—Debentures
corporation, formerly American I. G. Chemical Corp., is notify*
G, Chemical Corp. guaranteed 5J/a% con¬
vertible debentures due May
1, 1949 that it intends to redeem on
Nov. 1, 1943 at their principal amount, $1,750,000 of these debentures,
selected by lot by the trustee.
Payment of the drawn debentures will
be made upon
surrender to the National City Bank of New York,
trustee, 55 Wall St., New York, N. Y.
On Aug. 24, 1943, $17,000 principal amount of the debentures previ¬
ously called for redemption had not been presented for payment.—
ing holders of American I.
V.
158,
888.
p.
•
.
768,607
1,831,607
*Less reserves for
at June
——
Earnings
61,962
$3,131,853
Accounts
6,930,188
9,459,761
from
$2
Interest
1,674,658
30,786
income
deduct,
$40,100
—
from
$23,801
$203,348
$108,550
inc.
4,113
3,419
12.586
12,453
—
charges
12,795
12,717
89,017
88,959
Inc."after
—V.
158,
p.
fixed
chgs.
$23,193
$7,665
$101,745
$7,139
575.
From January 1—
from
of
1
General
42,299
*227,884
Net
455,361
profit
Other
220,927
35,007
.
Liabilities—
Note
1940
Net
Gross
946,338
513,336
Garlock Packing Co.
This
Fixed
1941
$1,586,264
income—
1,020,948
1,633,211
6 Mos. End. June 30—
1.13V
195,784
of materials and supplies—
Misc.
1942
$2,564,563
1,356,816
oper.
2,127,180
2,139,586
•
,
!
' A
Georgia & Florida RR.—Earnings—
Period Ended July 31—
Operating
revenues
of way & struct.
Maint.
of
Maint.-
1943—Month—1942
1943—7 Mos.—1942
$168,070
$146,973
$1,148,719
43,527
41,038
280,499
19,174
18,452
150,386
equipment-
$1,006,857
246,272
136,014
10,426
9,897
68,766
69,923
54,215
48,675
363,459
339,451
7,084
6,847
44,763
45,541
$33,644
$22,065
$240,846
$169,654
4,722
4,804
32,945
33,628
tax
accruals
tax accruals-
2,517
2,247
16,761
14,833
2,324
2,247
15,471
14,833
operating income
Equipment
rents,
net
$24,081
$12,766
$175,669
$106,360
4,472
2,577
33,016
40,346
1,988
1,940
13,899
13,590
$17,621
$8,248
$128,753
$52,424
______—
Transportation
General
Net
'
—
expenses
from.
revenue
ry.
operations
accruals,
tax
Railway
regular
—__—;
♦Railway
tRailway
V
railway—
Net from railwayry,
4,214,623
income
$447,505
receivable—trade
Inventory
Total
.July—
Dec. 31, '42
;:
_v
——
Inventory
:
Florida East Coast Ry.—Earnings—
■
$0.06
demand
funds
of
4,895,868
1,652,700
3,750,000
——
157,
$0.17
___!
Sheet
Balance
Inventory
Net
—V.
2,532
$45,258
$443,414
share
4,922,223
900,000
1,500,000
—
capital
Total
6,800
$128,843
'
banks—on
in
Accounts
142,480
.
,——__
5,807,693
—
for
Net
405,388
$396,602
!___
Comparative
Cash
$18,597,204 $18,190,476
———
■
of
344,530
485.
p.
made
Traffic
process
Reserve
Cash
(partly
$316,176
——_
—
profit for the period—
:
\
premiums
in
2,175,152
$94,931,227 $72,211,569
Liabilities—
Unearned
returns
—260,959
State
——
137,934
5,896,204
—
■
Losses
178,435
2,307,732
„_—
Total
;
$86,417,950 $64,793,278
—_——-—_______—__
——
in
Premiums
1940
$684,756
308,115
1237.
p.
separate
a
24,874
Accrued liabilities
V
'
■
it
$371,728
—
Earnings per common
22,492
30_ $64,585,195 $42,375,868 $50,024,422 $44,548,794
V
,
of
7,679,697
res.
special
1941
$697,244
earnings
June 30, '43 Dec. 31, '42
1
$784,043
$721,564
—
income
instalments)
Net
the
412,315
operations—
Total
declared—
in
divs.
1942
270,458
Assetsir-CasV
'
deductions
Net
value
of stks. & bonds (net) Crl2,823,092
.Cash
Ry.—Earnings—
3,447,102
Sept,
795
$53,298,674 $45,615,864 $52,757,358 $53,450,978
market
in
basis
income
Provision
Other
•
Deer,
to
1942.
p,
Investments
(net)
the
charges
from
Working
1,772,263
$2,800,378
Total
equal to
1939, which
673,093
Consolidated
operating
Total
3,883,337
4,900,867
profit—
investment
in
223,329
.
Assets—
Underwriting
-Net
(on
Oib.Co.—Earnings—
Operating
$8,510,874
———.
$13,331.01
of
6 Months Ended—
$8,865,917
$9,967,080
$10,968,219
•Losses
ended
to prior
-Fohs
Other
earned
applicable
return
savings
Other
5,008,708
Premiums
amount
taxes
3,576,014
Arrearages
1940
unearned
premium reserve
1942 Federal Revenue Act
tax
an
before
582,893
the
$25,616
filing
Profit
6 Mos End. June 30—
income
2148.
157, p.
56
and the present annual interest charges), would be.
$70,000 and the related savings to the company from,
of a consolidated return would be approximately $14,000.
Based upon such tax savings, and present annual interest charges the
net income for the period would have been approximately $125,000.
No
provision required for Federal excess profits tax.
tlncludes estimated
,
and Oct.
imposed by the
$2,040,000,
$1,165,219
holders
approximately
applicable
Co.—25-Cent Distribution—
Rubber
957
Federal
to
income
5,373,040
on
126,030
,
rates
the
months
12
corporate
tax
Faultless
of
that
also
496,696
dividend
Prov.
52,162
—
basis
estimated
the
Total
the
♦On
$6,995,815
$107,874
payable ■'.
income
companies
$113,374
charges
and
948,847
to
$151,702
32,822
—
associated
1888
.
payable
Taxes
$199,316
.
from
income
1
:
con¬
$1,653,158
railway
oper.
Amort.,
income
Advances
is
Current Liabilities—
(net)
Interest—Bonds
♦Net
•
income
$3,638,424
Current Assets—
and
Utility operating
in
86,897
$184,683
$243,334
.
cumulative
Fultpn Market Cold Storage Co.—Accrued Dividend—
17.268
taxes—
operating
the
8,468,834
158,
Net
Utility
same
funds,
railway—!
from
Net
—V.
73,096
;
income
of
other
42,497
52,215
taxes
the
in
January 1—
from
were
1042
$760,626
Maintenance
*Federal
1
incorporation
1943
railway
railway
oper. Income—
Gross
Cash
amounts
able
$841,498
______
.
Retirement
Net
1943
from
A
1943
;
Operation
194,316
289,734
revenues
to
company's net
158, p. 770.
from
Net
$248,310
Co.—Earnings—
$437,651
:•
prior
July—
'.
v-
■
■
.
12 Months Ended June 30—
1941
1942
$555,196
77,000
—
General
Profit
.
$1,251,777
—_—
—
575.
p.
Florida Public Utilities
1943
profit—.
taxes
stocks for
pfd.
Balance
—V.. 158,
Falconbridge Nickel Mines, Ltd.—Earningsoperating
to
for
the
accumulations
Quarter Ended June 30—
Gross
$132,683
________
applic.
/" ;
•
,
income
Dividends
history—one
twice
Net
Net
Exchange Buffet Corp.—Earnings-
<
Nov.
on
with
$1,074,939.—V.
Gross
$5,621,335
.
redemption
Fort Worth & Denver City
355,b83
;
plant
together
of
taxes
almost
.
786
__i
$486,686
___
(net)
Winona
issue,
with
its
Net
Other
the
at
the
$5,584,455
<
.-
——
the
of
the summary of earnings of the company in the regis¬
statement filed with the SEC reveals that appropriation for
tration
2,016,666
been
has
Co.
par
Net
Rent
the sale
earnings,
review
A
976,925!
928,526
175,000
—
Prop, retir.
for
used
years of
in 1930.
1942—12 Mos.—1942
$1,278,790 $18,473,238 $17,358,993"
506,876
6,661,644
6,724,867
100,682
2,109,829
2,056,080
,
about $336,000
from
$15,096,692, which were the largest in many years and
$9,730,157 in 1942 and $8,176,511 in 1941,
after deducting all income taxes, for the year ended
July 31,
1943,
were
$861,980.
During this
period the
company's
income and excess profits taxes were $2,040,000 as against
$785,000
in
the
preceding year.
Company has reported losses in only two
Net
2148.
Operating
be
was
railway
Net from railway
Net ry. oper. income—.
•
1,164,051
January 1—
from
—V.
1940
,
and
years
proceeds
compared
222,125
<
$1,867,954
board
aggregated
$660,434
•
681,524
322,745
157,
com¬
633,756
1
$599,679
222,125
dividends
p.
;
the
in
originally
the
participating preferred stock outstanding at the time of the
redempion and which by then has not been converted into common
stock.
The preferred is to be redeemed at $20
per share.
;
The company's shipments of malt for the year ended
July 31, 1943,
Florida Power & Light Co.—Earnings—
1941
$2,523,221
229,573
railway—$2,870,434
Net from railway..
984,541
653,221
,
Period Ended July 31—
1942
$2,958,490
1,171,705
1943
front
'
I
income
Preferred
Elgin Joliet & Eastern Ry.—Earnings—
July—
Gross
deductions
Net
—V.
System
the
in both periods.—V,
appearing
c/o
24.4
25.1
17.4
Amount
38,125
22,639
14,819
90,467
113,106
100,027
Corp.—
Light
1942
156,630
1943
Light Co.-—
!—
income
malt
of
vertible
'
Gross
of
business
a
Chairman
is a son of one of the original founders.
The com¬
plant is in Greenfield, Wis., near Milwaukee, with
Winona, Minn., and Detroit.
About $2,585,000 has been
expansion and modernization at the Greenfield plant in the
ten
will
Thousands of Kilowatt-Hours——
Increase
producers
over
Froedtert,
period.
9,976
471
.
income
R.
principal
at
Net
companies
Kurtis
President,
spent in
associated
from
rents
1867*
others
past
income
in
pany's
223,859
$1,243,547
—
Operating
Miscellaneous
follows:
as
,1943
$5,081,866
,
.
983
Company, one of the oldest and largest
world, was incorporated in 1888 to take
(&' Sub$.)— Earnings—
12 Months Ended June 30—
Federal
Ebasco
CHRONICLE
on-
Sept. 20, 1941.—V. 158,
Froedtert Grain & Malting Co.—Debentures Offered—
A
banking group headed by Schroder Rockefeller & Co.,
Inc., New York, and Loewi & Co., Milwaukee, on Sept.
1 made a public offering of a new issue of $2,000,000
15-year 3V2% sinking fund debentures at 1023/4 and int.
Others in the
offering group include Eastman, Dillon &
Co., H. M. Byllesby & Co., Inc., A. G. Becker & Co.,
Inc., Central Republic Co., Inc., Lee Higginson Corp.,
The Milwaukee Co., E. H. Rollins & Sons, Inc., G. H.
Walker & Co., and The Wisconsin Co.
Ry.
balance
Joint
(Dr)
facility
rents,
balance
Net
net
(Dr)
oper.
ry.
Non-operating
Gross
income
income-
income
from
Deductions
interest
♦Federal
ment
3,063
6,648
$131,816
$59,070
323
324
2,372
2,344
to
.
$17,831
—
Railroad
Insurance
634
$8,882
income
applicable
Surplus
534
$18,154
___
Act
Taxing
of
Act
1937.
Unemploy-
-
Operating revenues
p.
$56,727
Railroad
1938.-
1943
158,
$129,444
tFederal
—Week Ended Aug. 21—
Period—
—V.
$8,558
888.
$42,375
1942
$40,300
—Jan. 1 to Aug. 21—
1943
$1,295,744
1942
$1,148,156
CHRONICLE '
THE COMMERCIAL & FINANCIAL
984
Comparative Consolidated Balance Sheet, June 30
Output—
Corp.—Record Plane
Motors
General
which
company,
Feb.
on
previous six months.—V.
the
158,
Cash
$
27,808,321
————
-
-
-
-
17,846,920
government secur.
whidhever is lower
—
and
•Accounts
40,542,513
88,389,382
41,669,471
6,843,560
78,440,638
Cost
Cash and reimbursable expenditures under U. S.
Miscellaneous
declared a dividend of 30 cents per share
value, payable Sept. 29 to holders of
record Sept. 8.
Similar distributions were made on March 30 and
June 29, last.
Payments during 1942 were as follows: March 30, 35
cents; June 29 and Sept. 29, 25 cents each; and Dec. 22, 35 cents.—
V. 157, p. 2150.
•
directors
The
27
Aug.
on
stock,
capital
the
on
par
no
Offering—Shields & Co.
and Kebbon, McCormick & Co. made a special offering
Aug. 26 and quickly sold 5,000 shares of common stock
(par $1). The price to the public was 14% with a com¬
mission of 40 cents, Bids were received for 11,355 shares
and allotments were made on a basis of 50.2%
V. 158,
Corp.—Special
Total
expenses
885,519
3,947,197
3,625,403
•1,097,979
2,870,133
9,340,694
1,985,148
$757,458 $10,146,017
$9,272,242
3,779,390
3,812,738
profits taxes-
exc.
income
Gross
4,301,790
4,631,350
374,250
taxes—
income
Federal
Fed.
394,300
taxes
General
17,527,754
16,715,015
1,392,719
1,097,715
depreciation-
for
Prov.
—
$805,696
——
304,298
320,217
$501,398
$437,241
223,005
223,005
$278,393
$214,236
Interest & other deducs.
Accounts
Divs.
Balance
—V.
stock
pfd.
on
—
158,
$6,366,627
2,676,064
$2,783,440
671.
p.
§Accrued
foreign
railway
from
Gross
Net
ry.
income—
oper.
349,481
Bonds
payable
Serial
A
Net
ry.
railway
income—
oper.
158,
Net ry.
Total
Net
from
Net
ry.
—V.
for
38,000,000
ry.
1
—
34,656
—
for
bad
1,997,687
3,227,210
9,030,969
61,695,400
9,124,687
62,615,400
10,997,523
taxes
19,417,324
19,345,797
payable,
46,374,577
stock
36,767,758
of
debts
415;
in
$3,305,720
1943
$2,966,346
and
389,070
269,536
78,605
in
§Less
1942.
v'''1'
2250.
p.
of
dividend
cents
30
share
per
.■'■■■
'
'
v
been
has
"
British
tax
Government
shares.—V.
par
no
*.
•
■■■
,
^
net
1940
$246,155
$193,650
$174,343
$143,272
100,876
55,782
43,383
income.—
66,327
23,172
57,103
26,868
1,569,436
1,296,579
1,141,919
962,951
595,911
408,060
366,049
251,648
379,915
201,482
181,351
118,750
railway
railway
—
income—
oper.
New
Investors
Curb
21,113
suspended
has
•After
for depreciation;
deducting $99,005
Note—The
1942
was
as
$25,851 for funded
debt
reported the net profit for the first six months
company
distribution
securities
$246,896, but a provision of $145,000 for U. S. income taxes
subsequently eliminated by reason of plant losses.—V.
the
157, p. 993.
Great Northern Ry.—Earnings—
from
Net
from
Net ry.
8,741,061
income—
1—
_
7,750,540
3,156,493
railway
oper.
4,123,763
7.034,725
4,842,638
$9,570,347
3,587,089
2,344,237
From January
Gross
from
Net
from
Net
ry.
—V.
railway—.
railway-
income
oper.
;58,
64.021,721
82,114,373
106,247,908
-
40,153,432
30,532,034
22,896,507
15,997,863
_
16,344,975
14,795,630
-
50,965,819
15,634,573
8,993,946
771.
p.
dealings
from
domestic
subsidiary
foreign
and
Consolidated
Income
such
the
1943
6 Months Ended June 30—
Net sales,
plus
' $
incl. expenditures and fees under cost
fixed
fee contracts
The
"stamped"
•■
.
179,755,599
845,723
685,684
—i.^1
The
Cost
of
due
1967,
Co.
Gas
The
and
and
and
and
for
•Net
ry.
ry.
Gross
904,160
—
731,583
taxes-
40,643,051
profits taxes—T
rehabilitation of plant
4,156,018
p.
Deprec.
profits
excess
contingencies—
Far
East
to
losses
earned
common
$7,348,529
the
surplus at
ended
June
$4,123,961
$2.82
30,
$1.24
1943,
are
sub¬
Surplus Statement
Gross
217,154
19,311
220,043
$143,621,
15,273
162,139
153,653
33,589
643
$64,416
*$14,826
$4,601
13,094,176
4,290,694
2,075,174
10.425.840
< 2,098,939
50o,475
-
31,
May
in
and
hand
on
•
'
1943
$8,548;
banks,
payable—trade, $59,032; accrued wages, com¬
$36,040; capital stock (19,960 shares of "A" and
"B" no par value stock outstanding), $165,000; sur¬
plus account, $97,564; total, $357,636.—V. 156, p. 1238.
$1,394,714
A
,
taxes,
etc.,
of
dividend
accumulations
on
$3.50
has been declared on account of
cumulative preferred stock, par $100, pay¬
7%
the
Ltd.—Accumulated Dividend—
share
per
the first payment
a similar amount
1943, amounted to $73.50 per
15 to holders of record Sept. 1.
This is
to be made on this issue since Jan. 3,
1933, when
able
Sept.
was
paid..
Arrearages as
155, p. 1512.
share.—V.
at July
1,
Houston Lighting & Power Co.—Earnings—
Operating
1943—12 Mos.—1942
July 31—
$3,377,231
$2,609,488
1,499,895
26,750
233,000
1,320,074
210,417
84,047
52,578
248,533
206,388
taxes—,
150,548
190,999
657,500
140,443
$587,756
$541,167
Net
Other
deprec.,
renew.
108,333
108,333
1,300,000
1,472,205
414,758
338,127
3,755,302
2,758,207
& replace, res, approp.
Fed.
for
Prov.
$1,481,232 $18,614,934 $15,205,967
499,455
6,543,510
4,954,253
98,619
1,284,883
1,221,110
113,868
Maintenance
Amort.,
1943—12 Mos,—1942
1943—Month—1942
$1,752,386
636,008
revenues
Operation
18,750
—.
•
■
Sheet,
shares of
37,075
Period End.
1943—Month—1942
amortiz—
V ■
Balance
Holt, Renfrew & Co.,
17.364,981
6,292,371
2,718,626
,
$25,826
.
■
missions,
1940
1941
101,454
$42,844
$43,617
14,627
14,141
170,276
182,363
$28,989
other
$28,704
$417,480
income
exc.
profits
other
taxes
5,513
5,513
66,156
66,299
&
All
$358,805
deducs—
Net income
Divs.
pfd.' stock
on
consol.
1943
taxes
operating revenue
income
102,047
1,323,576
1,213,279
$334,651
$4,407,663
$3,586,913
#
127,342
$352,077
278
24
4,890
2,875
—
$352,355
$334,675
$4,412,553
$3,589,788
—.
94,805
95,244
1,160,556
1,137,521
$25i550
$239,431
$3,251,997
315,078
$2,452,267
$2,936,919
$2,137,189
(net)
profit
$51,775,784 $39,879,584
stock
*2,316,703
1,569,635
13,084,504
T542T91
from
ry.
From
'
Net
income
—_
applic.
pfd. stocks for the period/
to
315,078
•
Gross
Net
—V.
1940
1942
1941
$169,848
$249,562
$144,553
89.100
33.060
*21,039
*29,193
49,848
4,195
*45,825
1,507,093
1,299,785
974,920
680.360
78,390
372,504
♦178,455
income—
January 1—
from
railway
145,460
railway
oper.
income—
Deficit.—V.
158,
p.
158,
——
486.
p.
$69,897
4,304
railway
from
ry.
Balance
Ship Island RR.—Earnings—
railway
oper.
25,926
233,273
31,170
.
*147,731
•
486
Huntington Electric Light
12 Months Ended June
Operating
revenue
operating
Utility
income,
Co.—Earnings—
1943
$^0 888
26,486
$4,284
—-——
deductions
—
income—————
net—
1942
$30,833
26,549
$4,402
30—
revenues
Operating
Other
-Harnischfeger Corp.—Second Star in "E" Flag—
■-
Rr33
27
$4,251
2,540
$4,429
2,415
—
—
further
219.
one
of the first in the Milwaukee
recognition for outstanding performance,
are
electric
overhc-ad
electric hoists, A. C.
Capital Surplus Statement
June
30—
beginning
1943
of
adjustments I
period
-
1942
$19,394,451
$19,204,255
22,873
141,542
Capital surplus at end of period—$19,417,324-$19,345,797
Retirement
traveling
and D. C.
area
to
win the
Services'
this corporation has
with
capacities
to
up
300 tons,
welders and welding electrodes, and
a wide line of gasoline, Diesel,
and electric-powered crawler cranes and
up
to 5 cubic yards capacity.
These products are uni¬
versally known by their P&H trademark, and are serving all branches
of the armed forces, as well as all vital war industries.
Currently,
a
line of newly-designed dual-capacity welding positioners is being
excavators
introduced."—V,
158,
p.
889.
'
.
•<&
.
l,1
;
"
:
accruals
•
1
—
9
Dividend
appropriations
Balance
_
Sheet, June 30,
Assets—Utility plant, $84,818; other
accounts
$1,921
1,020
1943
investments, $250; cash, $3,450,;
$2,424; prepay¬
$3,903; materials and supplies,
deferred debits, $34; total, $95,461.
receivable,
ments, $583;
94
$1,702
1.02O
—
income
steadily
The company's principal products
cranes
arc
reserve
deductions
Inqome
Net
adds:
maintained its output at high levels.
income
Gross
Earning the right to continue flying the Army-Navy "E" production
banner, this corporation was awarded a second star for the emblem
at a simple ceremony on Aug. 17, according to an announcement which
"Being
surplus at end of period—
$46,374,577 $36,767,758
•including for 1943 third quarter dividend payable Sept. 15, 1943,
$771,193.
tlncluding for 1943 dividend payable Sept. 15, 1943, $1,028,-
at
deductions
Income
Dividends
'
1943
from
Net
1942
$44,427,255 $35,755,623
and loss Statement—
7,348,529
4,123,961
convertible preferred
common
stock
Ended
income
Gross
beginning of period
$5
surplus
$292,506
$351,324
$23,191
$23,476
—
158, p. 672.
Gross
Net
Earned
Capital
dealings
*131,808
income
and
Int.
*
_____
Months
S.
stock
on the
profits taxes*.
Net
.
months
6
Total
6
1942
6,751,247
share
for
Consolidated Earned
Capital
U.
106,667
Gulf &
.____•
surplus
6 Months Ended June 30—
on
the
$220,839
income
exc.
—V.
ject to the renegotiation provisions of the Sixth Supplemental National
Appropriation Act.
Dividends
$158,897
,
1,500,000
Defense
on
$147,313
.
10,947 *
accounts receivable
(less reserve for uncollectibles of $10,331), $85,592; inventories and
work in process, $115,446;
prepaid insurance and taxes. $2,734; in¬
vestments, $7,656; fixed assets (net), $137,660; total, $357,636.
151,200
Balance
2,500,000
—
Note—Transactions
Dividends
profit
$305,614
taxes
1940
$318,048
expensesFed. inc. tax
Assets—Cash
common
679,085
expenses
and
1941
$262,290
._
:
Liabilities—Accounts
and
1967,
339,648
July 31—
.
•
.
$136,366
•Loss.
plus a cash
Jacksonville
and
22,388,108
8,709,424
2,949,551
486.
income
revenue
.
.
1942
$310,558
7,490
1943
$253,416
8,874
sales
on
revs.—— „
income
and
Net
Florida.
of
due
of
SEC
1—
158,
,
„■
2,008,724
and
■
excess
post-war
carried
per
the
500,749
July—
Profits
Corp.
Gas
of
424,307
railway
oper.
Operating
16,530,488
3,000,000
Earned
Total
series
1,175,008
railway—
•Deficit.—V.
21,653,904
Provision for
Earnings per
oper.
31—
Condensed
$2,010,938
income—
oper.
from
Fed.
2,499,612
for
profit
Other
1942 were
York Curb
New
$2,884,002
1,183,645
—
from
,
Co.—Earnings—
Hobbs Battery
'
3,105,673
From January
Gross
.
4,787,663
366,591
10,000,000
equipment
Profits
District
series
railway—;
railway
from
Net
\
1502.
p.
1.
reorganization
of
orders
1943
from
180,441,283
Provision for post-war property adjustment—
Provision
the
on
Sept.
not being admitted to
are
JulyGross
133,641,026
301,409
—
wholly owned—
income
Foreign income and
Provision
debt—
on
Jacksonville
to
5%
1083.
p.
.
equity in undistributed earnings
of subsidiaries not
United States
other
156,
Gross
Gulf Mobile & Ohio RR.- -Earnings
5,260,146
amortization
funded
on
Dividends
of
plan
Southern
bonds,
Corp.
157,
1
at his option, at any time
of these bonds may,
any
Oct. 1, 1943 convert their bonds into common
price of $5 of bonds for each share of stock.
incl.
Years Ended May
the
made to holders
for the first mortgage bonds, 5%
pursuant
the
Gas
privileges
business
the
to
mortgage
Jacksonville
Federal
provided
Selling, administrative and general expenseInterest
for
Court
first
of
stock
common
pursuant
consummated
District
367,115,268
—_
sales
Depreciation
and
trading
opening
exchangeable
are
distribution
278,848,439
—
—V.
sinking fund gold bonds due June 1,
5%
the
at
bonds
General
Total income
with
accordance
date.
of
holder
and
Co.—Delisting—
unlisted
from
Period End.
366,269,545
—
—
income
in
the option of the holders of the
prior written notice to the trustee,
At
Y.
N.
stock
at a conversion
Upon
conversion of any of these bonds, the company will pay to the holder
thereof all unpaid interest from July 1, 1939 to the date of conversion.
originally exchanged. Such
holders in those
securities"
trust
1943
of Oct. 1,
which
for
Gulf Power Co.— -Earnings—
1942
$
Other
certificate
share
collateral
15-year 4%
convertible
called for redemption as
been
York,
redemption
to
State
stricken
holders of record
26 and June 26,
cents; and Dec. 22, 35 cents—V. 157, p. 2042.
have
New
Operating
Exchange
quarterly dividend of 30 cents
a
interest.from July 1, 1939 to Oct. 1, 1943.
Pay¬
be made at The Continental Bank & Trust Co., trustee, 30
St.,
The
up
only when, and as/ such debentures are sur¬
into liquidation certificates, series B.—V. 158,
Gas
declared
31
the redemption date at Barclays Bank
Ld., 168 Fenchurch St., London, E. C. 3, England, for payment in
English pounds serling computed at- the rate of exchange prevailing
for dollars at the close of business on the business day next preceding
companies)
Statement
Aug.
the bonds may be presented on
889.
Net
Comparative
full
The cash distribution will be
exchange
,
Corp.—30-Cent Distribution—
accrued
and
will
ment
cash interest of certificate
"distributable
as
common
bonds, upon not less than 10 days'
debentures
for
Net
Goodyear Tire & Rubber Co.—Semi-Annual Report—
(Including
each
A
outstanding
1954
due
Broad
1940
-
$18,928,733 $15,762,035 $13,853,494
railway—.
actual
Exchange.—V.
1941
1942
1943
July-
for
represents the
known
Jacksonville
of
Gross
$174.16
plan of reorganization.
t$0.79
charges; and provision of $68,701 for Canadian subsidiary income and
excess
profits taxes.
No provision was required for U. S. taxes on
income,, as allowable deductions including losses on sale of plants were
sufficient to offset taxable income.
t Revised.
, •
of
of
$1,000 principal amount of debentures was
t$391,896
Earnings per common share
amount
other
class
on
the
of
100
at
now making a cash distribution to holders of the liquida¬
certificates, series B, of record at the close of business on Aug. 20,
the
in
payable,
$96,605;
$288,759;
Haytian Corp. of America—To Redeem Bonds—
debentures, series A, due May 1, 1948.
Pursuant to the plan of reorganization of the corporation confirmed
by the court on July 30, 1942, the debentures are now exchangeable
only for liquidation certificates, series B.
The trustee for the cor¬
p.
*$329,855
—
royalty interests, etc.- (less reserves for deprecia¬
abandonments, $3,915,031), $1,893,531; deferred
total, $6,217,192.
and
$73,453;
Payments in 1942 were as follows: March 26, 40 cents; June 26,
All
Corp.—Suspended from Dealings
Exchange
1943
and
leases
directors
bonds
577.
York
30,
June
-Earnings1941
from
Sheet,
Sept.
last.
railway-!—
railway—-
rendered
$0.68
profit
operating
$3.50
share on the common stock, payable Sept. 28 to
14.
Similar distributions were made on Mnrch
per
158, p. 899.
1942
•
.
1943
for
$1,874,326;
payable,
The
reserve
1942
1943
6 Months Ended June 30—
Consolidated
ended June 30,
Harrisburg Steel
5%
of
(& Subs.)—Earnings—
Hosiery Co., Inc.
Gotham
560,000
$5.01
excess-profits tax
Federal
and 1942.
liability
no
in
1943
158, p.
tion
declared on
the common stock, payable Oct. 1 to holders of record Sept. 11.
Like
amounts were paid on Jan. 2 and July
1, last.
Payments in 1942
•were
as
follows; April 1, 50 cents;
and July 1, 30 cents.—V. 157,
interim
An
$784,304
634,149
$375,277; State and Federal gasoline
(including Federal income tax) taxes
stock (200,000 no par shares),
$1,200,000; class B common (24,000 no par shares), $144,000; capital
surplus, $720,887; earned surplus, $3,391,663; total, $6,217,192.—V. 158,
p. 672.
•/
'
'
•
**Outstanding, 616,954 shares of no
1943.
had
Liabilities—Accounts
poration is
Glibden Co.—30-Cent Interim Dividend—
$1,123,451
stock
income deducs,
class A & class B com. stk.
on
company
depletion,
charges,
1943 and
amortization of $118,172,182 in
oil
tion,
319,358,516 225,807,656
——
share
years
7,703,637
fLqss U. S. Treasury tax notes of $33,039,640 in
1942.
Guardian
6,491
748,816
378,704
958,325
$865,011
80,706
U. S. Treasury notes, $510,437; corporate
stocks, $221,114; accounts and notes receivable (less reserves), $422,137;
crude oil,
$232,335; refined products, $291,394; supplies,
etc.,
$282,561; investments in and advances to other companies, $284,487;
other non-current advances and notes receivable (less reserves), $131,-
January 1—
ry.
—V.
158, p. 486.
the
6,364,344
—
ttOutstanding, 2,059,168
from
Net
2,221,144
254,314
$1,403,063
279,612
—
miscell.
Balance
2,000,000
——
$1,207,500 in
oper.
The
2,590,877
391,513
———
and
tax
Assets—Cash,
,
$200,377
4,394,859
2,201,902
693,753
—
class A and class B common
on
per
10,997,523
$6,736,854
from
Net
1,480,876
$610,696
120,826
—
—
Note—The
plant
—
reserves
From
79,690
60,714
22.252
217,394
$1,011,550
——
6,843,560
37,500,000
V
of
convertible preferred
from
Gross
Net
$288,725
85,139
48,498
income
A
307,251^
339,253
—
——.
30 cents; Sept. 26, 20
317,966
136,410
income--
oper.
41,669,471
,
Co
Green Bay & Western RR.-
673,659
196,632
$1,157,593
—
income
income
Earns,
500,000
500,000
stock
value.
1,769,579
$428,570
income
1—
railway——
railway——
96,408
adjustments
property
tLess depreciation and
and
Net
325,789
745,359
243,591
$1,532,343
tax)
1943)
costs—
development
Dividends
2,612,000
—
*Less
1942.
377,164
$664,821
from
5,424,220
-
rehabilitation
post-war
surplus
2,217,122
1940
678,769
206,959
—
abandonments
income
Net
bonds,
—
surplus
772,583
1941
railway
oper.
;
-
trust
—
——-
for
ttCommon
2,862,343
1942
$6,642,690
4,496,147
'
expenses—.
reserves-'
income before
Federal income
16,431,407
*
:
cumulative
•*$5
1,994,454
Ry.—Earnings—
adminstrative
and
operating
Gross
payable under U. S. Gov.
—,
Capital
From January
Gross
year—
Goodyear Tire & Rubber
by
51,030
1943
from railway
-
for contingencies ana miscellaneous
Capital stock of subsidiary companies not held
Gross
July—
from
-
Reserve
par
486.
p.
1942
interest—
one
and equipment
Reserve for post-war
57,971
125,661
Net
11,738,423
7,000,000
21,t> J.-M36
143,278
31,
notes
Reserve
4,775,719
Georgia Southern & Florida
Gross
Dec.
taxes
and
within
■—
July—
6,326,504
2,836,312
2,492,026
railway—*.
from
from
Net
140,286
307,390
—
services-—
and
(incl.
Intangible
$323,841
1—
From January
Net
—V.
1940
$778,424
$895,024
394,571
354,792
.
railway
from
Net
Gross
1941
$458,154
1943
$8,219,718
1,577,028
$6,950,689
4,532,619
■
.
than Federal income
Operating
697,526
taxes
divfdends
Accrued
certificates of
1942
—
5,674,057
tAccrued United States
1943
July—
12,000,000
39,615
-
——
to
contracts
war
$108,868,862 in
•Earnings-
Georgia RR.-
takes
—
—
sales
general,
Depletion
1,510,367
29,121,385
—
payable
of
tion
$5,459,504
2,676,064
$3,6^0,563
1942
$8,158,899
1,208,210
—_
gasoline
Payable to U. S. Gov. resulting from renegotia¬
Earned
Income
Net
1,816",094
——
bank
Foreign
1943
income
Federal
(other
Other
banks
overdrafts
payable,
California—Annual Report—>
30—
June
Depreciation
1
Liabilities—
series
$3,409,946 $45,878,252 $39,582,470
$3,865,065
1,567,354
—;
revenue
Operating
1943—Month—1942
31—1
Period End. July
Gross
1,271,722
69,403,191
319,358,516 225,807,656
contracts".-
1943—12 Mos.—1942
■
jC__
First mortgage and collateral
Co.—Earnings—
Georgia Tower
1,510,320
67,428,972
•
1
JL
and equipment
trademarks—:
Deferred charges to future operations.—
machinery
patents and
Advances and accounts
671.
p.
Taxes
—
investments
building,
tLand,
Goodwill,
Notes
General Shoe
contracts
Government
Distribution—
of
Selling,
,
Refractories Co.—30-Cent
General
and
Remainder^
96,625,579
——...
—
Ended
operating
State
4,059,120
,
receivable-.
notes
Years
Gross
at cost or market
Canadian
Inventories
671.
p.
1942
$
Assets—
began
1942,
24,
Hancock Oil of
1943
conversion of five
plants in which automobile bodies, batteries and other parts pre¬
viously had been built', now is turning out in a single day as many
planes as it produced, in a week only a few months ago.
Production
in the last six months is nearly 1,000%
greater than it was during
The
Monday, September 6, 1943
stock, ($25 par), $8,500; premium on capital
accounts payable, $1,080; customers' deposits, $667;
other current and accrued liabilities, $422; retire¬
ment reserves, $36,937; contributions in aid of construction, $3,804;
earned surplus, $37,617; total, $95,461>—V. 157, p. 2349.
Liabilities—Capital
stock,
taxes
$5,600;
accrued, $833;
Volume
158
Number 4209
THE COMMERCIAL & FINANCIAL
CHRONICLE
Home Telephone & Telegraph Co.—Bonds Called—
Thei<e
have been called for
redemption as of Oct. 1, 1943, a total
$24,000 of first" mortgage
bonds, series A, due 'April 1, 1967,
lOl'/a and interest.
Payment will be made-at the Harris Trust &
Savings Bank, trustee, 115 West Monroe St.,- Chicago, 111.—V.
156,
p.
1050.
v
■:
'
Operating
Operating
Period End. June 30—
Gross rev. from trans-
„,,portation
1943—Month—1942
•
$471,035
$2,691,282
238,739
transp.
Rev. other than transp.
Net
i
from
rev.
Net
from
rev.
1,418,011
$179,551
$1,273,271
Net
—V.
158,
945
$231,683
$180,496
;
$175,781
$128,010
$2,231,469
$1,744,055
$36,402
income
(ri6t)
'
income
213
294
4,845
3,802
$175,994
$128,304
48,458
$2,236,314
$1,747,857
57,149
Gross
709,749
738,676
:\ $118,845
$69,846
$1,526,565
$1,009,181
period
414,342
414,342
$1,112,223
$594,839
----—,
$116,450
Net
——
[.
$802,940
690,085
>■
income
6,730
,
1,161,989
$23,897
■
$1,278,439
144,094
;
890.-
p.
658,400
Net ioper.-. revenues™
.
stocks /for
the
Balance
—V.
$112,855
158,
f
672i"
p.
July-
1943
from
from
.Net
ry,
railway-
railway-
_
income-
oper.
1942
1941
i
1943
railwaying
$862,515
Net from railway_-_v-i.
■".'.■v. 394,272
Gross
2,013^894
1,789,182
1940
\
$17,285,835 $15,174,860 $10,486,267
5,395,835
5,180,081
3,047,322
-
1,321,299
1,684,296,'
ry.
Gross
628,278
Net
from
Net
ry.
—V.
;J:
income-
oper.
158,
40,387,635
19,258,579
railway——
96,184,733
from
Net
67,105,529
from
ry.
55,063,284
32,131,213
19,165,647
13,303,181
5,755,227
'
—V.
railwaying
railwayiin-i
■
share
per
Freres & Co.
by Blyth
The stock
presently authorized and
158,
agents,
Chase
and
power
sections of
the
State
It sells
electric
Industrial
tomers,
sells
service
customers
activity,
conditions,
part of Oregon and
retail
to
northern
residential, 'farm,
wholesale to municipal., and
utilities.
Incidental .to its;
other
with
dealers
however,
is
in
the
sale
of
'v,
Purpose. of
.
sold
Sale—The
and
the
to
stock,
outstanding
offered^
constituting
stock
common
of
the
underwriters
the
all
company,
step
a
section
consistent
11
(e)
compliance
of the Public
with
section
company's > common
to
be
Bond
either
-
Electric's
a
Co.,
(b)
by
subsidiary
and Share
the
filed
with
the
of
the
Electric,-
or
of
After
the
Electric,
"*
"The
•
stock
total,
:
29,438
20,998
15,300
7,645
taxes—
$111,799
Sheet
30,
prepaid
,
$5,075,519.—V.
stock
$0.50),
157,
23,400
shares
revenues—..,
of
way
Maint.
ot
Other
had
preferred
stock,
a
value
par
$100
of
$100
Value.
par
share
per
Electric
and
oper.'
ry.
Other
32,130 shs.
income.
ferred
stock
of
the
and
the
(of which
company
'. "
\
)
-V
revenues
$6,994,495
Net
oper.
Other
revs.-—.
income
deductions—
Net
income
——_
Federal—other than ex-;
cess
profits taxes——
Fed.
from
Net
ry.
33,415
31,841
229,014
221,482
607,074
567,688
4,698,073
4,443,956
40,916
38,865
279,768
273,249
$464,458
$467,088
$2,755,368
$2,829,415
226,084
240,459
1,095,182
1,220,068
.
,
taxes
Net
—
per
shr
com.
of
to
agreed
shares
of
purchase
the
are
111,143
94,129
812,481
$132,500
$847,705
3,481
43,336
$136,475
$135,981
$891,041
Central
3,171
21,298
21,488
'
...
$132,810
$869,743
&
41,337
293,963
—
$92,272
U
avail,
hats
The
for
Bay
p.m.
$91,473
■'• $575,780
$550,982
to exhaust the
Only
&
tenders
Other
B.
Kebbon,
&
&
Chas.
Shuman,
Smith,
William
Son
Sutro
4,000
The
5,000
Harold
2,500
Co.
7,500
&
'
8,000
&
Co.—
Staats
Co.
Co
$1,261,604
504,875
504,875
504,875
485,282
10,255
71,704
71,689
99,701
$585,014
$588,142
$720,626
Inc.
Inc.
Wisconsin
E.
Co.—_
Wood
7,702,912
6,440,735
3,095,167
1,560,075
605,433
2,476,841
1,969,028
606,340
"284,820
158, p.
1943
1942
1941
72,530
49,235
$1,438,285
$1,391,469
taxes——.
(net)
300,000
taxes-
$1,342,233
370,000
{450,000
392,000
330,000
53,000
•■200,000
——
*250,000
$513,707
$538,285
195,462
195,462
232,256
—
—
—
232,256
—
8,000
$696,469
$857,819
487.
T.
H.
Wickenden
of
as
manager of the Development
International Nickel Co.,
Inc., and H.
is announced by Robert C. Stanley.,
the
Manager
engineering circles in
of
to
engineering
Wickenden
in
Mr.
the
Development
inventions
are
credited
the
use
is
of
him
to
nickel
and
in
Jersey,
and
Research
connected
his
steel
with
papers
and
cast
Department
the
of
use
at
nickel
in
and engineering data
iron have been widely
,
,
temporarily serving in the Steel. Division of the War
in Washington, D, C.
He has been in charge of
Development,
in
Division; at New
member
a
well
Board
Steel
Research
been
is
charge of developments in the
for
Numerous
French
Alloy
Division
He
industry, having been
Corp.'s South Bend plant
Studebaker
when
field
Production
the
automotive
worked with Chrysler engineering
group and specified
the
first Chrysler
car.
He
joined International
he was placed in
in
1922
on
at
the
1920.
materials
iron
for
of
three
Ry.
oper.
Net
rev.
Inc.
avail,
Net
income
International
.
York
Nickel's
years.—V.
since
158,
Nickel's
1932,
Research
Development
previous
Laboratories
to
in
which
and
he had
Bayonne,
New
890.
p.
232,256
common
share—
provision " for
!
^
anticipated
$110,567
$1,10
increase
■
$268,751
$1.18
in
$18,100
-'$1.73
Federal
income
and
post-war
refund
and
-
.
Consolidated Balance Sheet, .June
30,
1943,
1943
Assets—Cash,
$3,078,993; accounts and notes receivable
(less re¬
serve
of
$229,068),
$2,981,420; inventories,. $5,247,623; investments
and other assets, $994,515;
land, buildings, machinery and equipment,
etc. (less reserves for
depreciation of $5,293,682), $5,747,036; intangible
assets, $150,001; deferred charges, $581,511; total, $18,781,100.
-
5,000
2,000
"
Liabilities—Accounts
payable,
$20,417;
payable
(trade),
$960,439;
accrued
interest
customers' deposits, $32,046; accrued payrolls and
1943—7 Mos.—1942
$580,521
$321,418
$4,485,160
$4,010,555
ry.
oper.
221,123
71,758
2,188,791
for fix.
chgs.
172,859
103,853
71,283
1,753,112
1,262,074
2,015,466
1,358,048
843,659
———
directors
defl,028
fund
have
authorized
Nov,
1,
the
call
for
redemption
for
the
1943
of $27,000 principal amount of first
bonds and £67,100 principal amount of 5%
first mortgage 60-year gold bonds.—V, 158,
p. 487.
Iowa
on
Power
gold
&
Light
Co.—Bonds Offered—Offering
underwriting group headed by
Kidder, Peabody & Co. and White, Weld & Co., of an
issue of $17,000,000 first mortgage
bonds, 314% series,
due 1973, at 108% and interest.
Associated in the of¬
fering are Eastman, Dillon & Co., Glore, Forgan & Co.,
Shields & Co., R. W. Pressprich &
Co., Equitable Securi¬
ties Corp. and Laurence M. Marks & Co,
was
made Sept. 2 by an
Dated
Bank
Aug.
and
in
as
in
to
tered
1,
Harold
1943;
or,
New
principal
form
due
Eckhart,
payable Feb.
Chicago
pany
1
Aug.
1,
1973.
Harris
Trust
and
Savings
trustees.
and Aug.
1
at office
or
agency
of company
at option of bondholder, at office or agency of com¬
York.
Definitive bonds in coupon form, registerable
only, in denomination of $1,000, and in fully regis¬
in
denomination of
$1,000,
$5,000 or any multipe of
at option
of company, in whole at any time
part by lot from time to time, on 30 days' published notice, at
prices starting at 112% in 1943 and at reduced rates thereafter to
$5,000.
in
1943—Month—1942
revenues—
from
Bonds Called—
195,462
.
Note—Depreciation provision for the six months, $302,191
$296,559 in 1942, $286,008 in 1941 and $274,097 in 1940.
10,000
60,000
$85,989
—
per
profits taxes.'
tAftev deducting
$31,900 credit for debt1 retirement.
3,000
2,000
5,000
of
Division
Assistant
as
mortgage 60-year 5%
$1,263,707
excess
5,000
and
Woodard-Elwood & Co.
Wyeth & Co._
Morgan Stanley & Co.-
10,937,200
6,843,764
1913
sinking
$14,841,167 $15,111,963 $15,419,072
13,624,095
13,746,209
14,076,839
dividends
"■Special
10,000
—
17,016,866
income..
Period End. July 31—
i—___
dividends
Earnings
4,000
"
railway.^-.
railway
oper.
published in trade journals.
$676,621
(& Subs.)—Earnings—
Surplus
*
1940
64,809
Interest
8,000
&
Daly,
Whiting, Weeks &
Co._^
—
$1,297,191
depreciation—
profits
profit "
Common
12,500"
Agnew & Co._
R.
1941
•■48,145
York.
7,500
Co._
Wegener
Stubbs
...
&
Moore
&
& Son
McCormick
$1,164,721
———A
income
Preferred
2,000
■
&
4,000
6,000
10,000 '
10,000
.
642,646
$1,365,755
deductions
Net
3,000
Co.—
Scranton- &
W.
Co.
■
-
Schwabacher
Shields
' >
Co.—
855,095
721,687
4,000
Rauscher, Pierce & Co.,
2,000
—
Hutton
excess
Other
2,000-
Hilllard
912,270
$1,217,072
46,635
income
Federal
2,500
..
and
profit-(net)
Federal
Total
—
Earnings—
1942
121,281
charge
sheets
16,000
Co.—
and
772.
p.
252,549
cast
$2,759,345
$50,000 held in the special sinking fund reserve.
lowest-prices received will be accepted.—V. 158,
income
5,000
4,000
,
•Graham, Parsons & Co,
Hallgarten & Co.——
Richards
$2,931,147
.
942,700
—
3,000
10,000
,
Co.
:;
of
the
expenses
5,000
———:
158,
'"/•
sales
Co.
Inc.
Robertson" &
&
.
973,888
6 Mos. End. June 30—
Costs,
Co.
Paine-Rice &
1943
1942,^-V.
552,503
New
"
&
5,000
Co.——
Harper
-
1940
1,123,656
961,122
divs..
at
&
2,000
Skaggs & Co.—
P.
1941
$3,081,309
'
i-—
sum
Tully
Co.,
& Co.—
1942
772.
Net
the
Shares
-
in
272,532
automobile
1943
\
severally
Calif.X
$715,598
oper. income—.
January 1~
in
Nickel
Trust
Favre
of
and
Wickenden, who has been Assistant Manager of
1931, succeeds the late Albion James Wadhams.
from
on
Murphey,
Co.
1943
$1,165,682
Research
Mr.
Co., corporate trustee, Bay Cty, Mich., will until
Sept.,16, 1943, receive bids for the sale to it of general
mortgage 20-year^convertible 6% income bonds to an amount sufficient
'$2.43
——
in
698,412
French
Mr.
Interchemical Corp.
„
$3,669,403
890,440
Appointment
since
.
i_:—— /.
672)
p.
Mitchum,
Pacific
Ferris & Hardgrove—^
Co.
charges
deductions
Operating
Co.
Pancoast
E.
each
of
in
International Nickel Co. of Canada Ltd.—T, H. Wickr
Development and Research Division—
H. J. French Assistant
Manager—
in
$1,100,144
7,500
—
Dain
Elwort'hy
;W.
which
Underwriters—
and
enden Heads Inco
and
292,844
_$3,184,922
Kidder, Peabody <fe Co.
McDonald-Coolidge &
,
Co.
Republic
Dewar,
J.
stock
$147,022
deducting cost of U, S. Treasury tax antici¬
from
The
and
1943
of
$1,864,521
from
$843,826
41,160
and,Ideal'taxes
158,
4:00
p.
$2.01
in
International Railways of Central America—Earns.—
$1,486,916
underwriters
■
$3,680,974
depreciation
President,
$133,432
148,000
$2.09
principal
1,916,047
$12,753,095 $12,193,818
of
1943
ry.
Industrial Brownhoist Corp.—-Tenders
Sought—
444,000
$1,300,825
$1,334,211
10,000,000
2,078,057
'
fix.
July 3i—
76,500
Co.
Cruttenden & Co.—
Hill
the
76,500
&
Bosworth, Chanute,
Loughridge Sc Co.—
Brush, Slocumb & Co.—
-
.
common
Inc.
Wm.
-V.
-•/
92,292
..
—_
10,000,000
$2,558,230
"■Deficit.—V.
$865,314
3,043
income
Bal.
236,500
85,444.
shares)——a—
railway—.
railway—.
Net
28,825
:
'fixed
after
25,000
Becker
Boettcher
M.
of
Shares
Blyth & Co., Inc._
G.
From
$836,489
9,244
,
revenue
Other'
$2,078,916
' 542,426
488,300
{After
$650,444
772,858
$127,231
Oper., maint. & retirem,"
;■ or
depreciation _^.l—
follows:
as
Lazard Freres & Co.—
Davis,
Gross
788,530
'/
"
;
554,113
\
$2.09
names
Underwriters—
Inc.
v-.
83,044
.
$1,337,510
—
Underwriters—The
number
539,015
—
'
income
Earns,
;
64,347
for
from
Gross
4,305
$2,172,043
notes:
Net
charges
12 Mos. End.
(
$2,867,453
profits taxes
excess
State
5,198
$2,462,070
156,590
64,347
reserve
July-
the
$2,863,148
$2,948,181
- 776,137
$2,552,224
t
'1
592,655
35,247
119,695
i—.j._
International Great Northern RR.
Indianapolis Water Co.—Earnings—
3,576,025
5,547
,
1942,
$21,588
company^
...
par
reserve
-
Interest
$2,942,982
•
.
$65,642
—
{Less
821,385
—
charges
—V. 158, p. 48.7.
$6,439,174
4,925
-
73,325
accrued—
———
amortization
1942,
1943—7 Mos.—1942
from
avail.! for
inc.
•
$6,736,049
3,793,066
$3,263,281. $3,172,390
711,056
710,320
—
147,780
77,866
adjustments..—53.893
no
—
"■Less
,
fixed
Net
$3,166,843
(net)—.
10,022,235
104,234
371,462
—
T^tal
.
$6,857,258
3,690,415
post-war
(600,000
surplus
Earned
1,015,258
152,220
;
charges
Net
outstanding)
$3,258,356
Gross. Income
Income
3,736,139
53,893
•*
..
taxes
affiliated
Capital stock
known
pre¬
——Years Ended Dec. 31—
1942
1941
1940
83,183
9.825,035
————
other
contingencies
for
$135,475 in
Earnings
June 30,'43
—-
Operating
J.
of
12 Mos.. End.
Total oper. rev. deducts.
J.
were
second
—i
and
payable,
for
Reserve
Gross
———————
Income"
.
::
All Fed.
Summary
■A.
shares
no
for
eliminated.
was
,
authorization
Accounts
Reserves
580,767
.
——
deductions
income
Total
given
privileges,
.
State
J.
of
remaining 90,000 shares of such common stock.
These 90,000 shares
changed, by amendments of the company's certificate of
organi¬
zation and by-laws, into
450,000 shares of common stock having a
par value of $20 per share.- i In connection with such
change in the
common stock,
the preferred stock and $6 preferred stock were
voting
20,253
199,980
within
———
——$12,753,095 $12,193,818
,
payable
in
were
increased
Liabilities—
$9,170,254
income
income.'
Total
Misc.
*:
the
owned
58,785
due
——
{Federal,
28,457 shs.
thereafter
(not
.
Net
shares
92,479
—__—
receiv.
—
Net
$18,000,000
2,670
-
511,432
133,857
—
85,329
474,358
receivable
—
Accounts
$1,170,000;
to
surrender
accounts
Total
735,569
f^Cil. rents
630,710
———
$9,713,050
Net.,rev. fr. J*y. oper..
Railway tax accruals-
;
■
1942
$1,157,802
notes.—-
——-
par),
cost.
tDepre$82,439 for 1943,
or
to
—
acceptances
"
and'
107,256
109,590
,
amounted
{Profit.
$1,194,377
tax
receivable
$1,322,328
expenses,'—)—
above
RR.—Earnings-
.
Traffic
i.———;
Transportation,
rail—
the
included
1943
and
128,667
equipment
have not been included in either sales
amortization
banks————
$1,426,750
.struct.
$0.87
"■Patents,
$2,345,519; earned surplus, $323,581;
1943—Month—1942
Maint.
804,000
$0.74
:
of excess profits tax
patent rights, licenses, development,
goodwill,
etc.
'i,
tTools, jigs, drawings, patterns, etc,——
Prepaid insurance and taxes—
$76,759
2151.
p.
$522,340
480,000
—4-.
amounting to $123,260 in 1943, $106,985 in
1941, which are sold to lessees of machines
$132,187 in
year)
Post-war refund
1943
(no
S.
Notes
maintenance,
value
to
stock—
—.
parts,
spare
in
interest,
preferred
of
Inventory
on
stock >(par
$443,535
360,000
surplus—
capital
share..
Treasury bonds and
in
cumulative
30,991
Crl9,562
one
$54,923
June
earned
on
per
and
Notes
.
Period Ended July 31
assist the company in carrying out orders for
reclassi¬
fication of its property accounts
recently made by the Federal Power
Commission' and the regulatory authorities of
Idaho
and
Oregon,
Electric surrendered to the
company for cancellation, as a capital
contribution, 60,000 shares of common stock which at' the time of
order
inc.
Operating
450,000 shs.
450,000 Shs.
of first mortgage bonds issuable, is
limited within the
$100,000,000,
V
of
Fed.
Indiana Harbor Belt
;
i
par)
54,016
...
;
to
paid
and
pation
amount
maximum
In
($20
'
50,000 shs,
50,000 shs.
4
...
Common
work
common
Outstanding :
'
'
V
income
Accounts
banks
and
on
hand,
$95,363;
special deposits,
receivable, including unbilled gas sales
|(less reserve
accounts), $195,676; inventories, $299,117; ptepaid insur¬
Equip. & jt.
Authorized
.
2,502
Consolidated Balance
,
$14,538;
of
$4,586;
>Capitalization and Funded Debt
lst.mtge. bonds, 3%% series due 1967
7% pfd. stock, cum. ($100 par)
$6 pfd. stock, cum. (no par)
4,740
1,696
payable,
$158,180;
accounts
payable,
$110,086;
cumulative preferred and
common
stock
declared
but
$832; dividends on $3 dividend cumulative preferred stock
due July 1,
1943, $35,100; accrued liabilities, including the Federal
income taxes, $94,574; customers'
deposits, $82,231; customers' advances
for construction, $830; serial 5
year 3Va%
notes, $80,000; first mort¬
gage
4%
sinking fund;-bonds,- $670,000;
reserve
for
and
1 ;
17,024
Liabilities—Notes
under
>
.
32,417
—
32,849
$483,376
taxes
adjustments—
Cash
accounts
also
of
2,703
—4,574
500,252
276,772
$0.81
prof,
U.
unclaimed,
presently
is being
sale
5,035
$1,330,355
611,421
441,184
Assets—
35~755
9,526
exc.
post-war
actual cost,
329,521
37,823
of
$92,442 for 1942 and $88,281 for 1941.
22,139
79,108
taxes—
before
dividends
company will have ceased
of Electric or of Electric
affiliate
an
parent
Act.
the
refund
income
ciation
$1,211; deferred charges, $178,464;
progress not allocated, $31,166; miscellaneous invest¬
ments, $301; lands, buildings and equipment (less reserve for
deprecia¬
tion of
$1,381,525), $4,254,033; total, $5,075,519.
-.•
SEC
inc.
ance,
302,898
58,590
t
expenses
$1,528,989
526,531
497,920
19,562
at
726,691
$1,538,975
——
31,148
Net
$472,980
exps.
notes,——-—
doubtful
cost
Utility Holding Company Act of 1935, for
11
stock
plan,
operating
—
—
Dividends
1942—3 MOS.—1941
$478,622
{$2,998
1,327,357
corporate taxes
Net
(& Subs.)—Earnings-
$1,092,022
$8,126
1,537,115
for
1942
6 Mos. '43
repairs-
Assets—Cashin
Corp.
Company
being made by Electric
with
and
Federal
on
$5,651;
for
by Electric Power & Light
is advised that the sale of its common
stock is
as
30—
'
and
.
appliances,
due to war
now
,
authorized
Net
•
electric
substantially., curtailed
■>"w
"'•* ■
'.
633,850
Miscellaneous -deductions
cus¬
business, .it
June
$3,441
1,542,416
;
—
Prov,
1,131,087
882,482
34,749
Other
3,450,119
1,478,151
1,190,970
Depreciation;—^————^———
Nevada;
commercial
at
including public
and .cooperates
which
at
and
3,870,993
1,998,684
_
and
Interest
It operates primarily in the
irrigated
central parts of the State of
Idaho, and
and
the eastern
98,352
4,811,191
Insurance
National
energy.
southern
small extent in
a
180,576
828,599
Administrative;dnd selling
Co., Inc., and Lazard
offered, constituting all of the
outstanding common stock of
was incorporated in Maine
May 6, 1915.
Com¬
is an operating electric public utility
engaged principally - in
hydro-electric generation, transmission, distribution and sale
of
electric
to
175,955
226,301
5,530,917
-
sales
Maintenance
&
Company—Company
the
Ended
Manufacturing
Bank, New York, and Bank of
America National Trust and
Savings Association, San Francisco.
'
Registrars—Guaranty Trust-Co., New York, and American Trust
Company, San Francisco, Calif.
;;
;;
Listing—Company has agreed, to use its best efforts to procure the
listing of its common-stock on the New York Stock
Exchange and
the registration thereof -under the
Securities Exchange Act- of 1934.
pany
287,994
$37,747
40,195
profits & income taxes-
Post-war
-772;i-:
p.
Production
Idaho Power
Co., is owned by Electric Power & Light
Corp. The proceeds of such sale are to be received
by
Electric
Power
&
Light Corp. and not by Idaho
Power Co. :
."v.-"
Transfer
373,354
2,419,223
•
iriconte-n
oper.
Period
$24%
$519,985
Indiana Gas & Chemical Corp.
Idaho Power Co.—Stock Offered—An issue
of 450,000
shares of common stock
($20 par) was offered Sept. 1
at
$649,531
137,125
.
revenue
1941
$32,069
9,211
-
——
exc.
1942
$5,769
—
——
"■Sales
890.
p.
Fed.
11,172,069
13,365,534
1940
•,
January 1—
■v
120,979,497
Co.—Earnings—
1943
——
sales
Gross
1941
$783,796
'
income—i
oper
From
of
tExpenses
1942
'
'
Net
$7,574,187
'
.
Loss
'
from
Net
_
From January 1—
Gross from railway-
Cost
Illinois Terminal RR.
RR.—Earnings—
:
Illinois Central RR.—Earnings of
Company. Only—
Gross
"■Sales
Royalties
July—
Net
International Cigar Machinery
6 Months Ended June 30—
5,168
207,786
revenue
984,564
729,100
$796,211
Deductions
J'
888,740
58,400
$1,713,786
917,575
Dr613
oper._
1,174,393
90,992
62,500
Other
$338,652
■159,101
C
expense's
180,454
121,008
90,682
'?
1943—6 Mos.—1942.
$232,296
—__
Operating
179,545
110,718
$6,794,352
2,076,961
1,330,372
expenses-—
taxes
985
commissions, $277,032; accrued taxes,
$171,425; other current liabili¬
ties, $356,698; reserve for Federal income and
excess
profits taxes
(less. $1,250,000 U. S.
Treasury savings notes, series C),
$181,560;
sinking fund requirements in respect of 3Va%
sinking fund debenture,
$200,000; 3Va% sinking fund debenture, due
Sept. 1, 1.949, $1,550,000;
other liabilities,
$50,000; reserve for retirement of preferred
shares,
$50,000;
contingency
reserves,
$650,577;
6%
cumulative
preferred
stock (par $100),
$6,515,400; common stock (290,320 no par
shares),
$2,903,200;
capital
surplus, $1,504,216;
earned
surplus, $3,358,090;
total, $18,781,100.—V. 157, p. 1845.
*
1943—12 Mos.—1942
$578,864
$7,034,857
2,011,155
Federal
Honolulu Rapid Transit Co., Ltd.—Earnings—
;
$619,226'
Other taxes
;;
'•
1943—Month—1942
revenues-.—
July 31
Prop, retir. res.'approp.
at
4
toy July and 13 Months Ended
Period Ended July, 31—
of
•
Earnings
.
or
Redeemable
in
100 and interest in 1972;
and in part from time time through the
operation of the sinking fund at prices varying from 106%, beginning
Aug. 1, 1954, to par in 1972,
Company—Organized
utility
County,
engaged
in
in
Iowa Oct. 22, 1924.
Company is a public
of furnishing electric service iri Polk
the business
outside the
contiguous counties
city of Des Moines
in
south
central
and
Iowa,
furnishing gas service in the city of Des
in two municipalities in adjonng countes.
environs, and
and
Moines
in
the
and
in
twelve
business
environs,
of
and
requirements for one year on the $17,000,000 of bonds
hereby will be $552,500.
Interest
Acqusition of Certain Utility Properties
#
holding company system.
to the company 20,000 shares
stock and will transfer to Illinois Iowa
Power Co., as a partial liquidating dividend, all the remaining out¬
standing
shares of common stock of the company.
The common
stock surrendered to the company will be cancelled, and an amount
equal to the aggregate par value thereof ($200,000) will be credited
to paid-in surplus of the company.
As of March 1, 1943, Continental entered into an agreement with
Illinois
Iowa Power Co. providing
for the purchase by Continental
of
(1) all the outstanding common stock of the company and
(2)
all the outstanding shares of
capital stock of Des Moines Electric,
for
the
sum
of
$10,210,000.
Under the agreement, Illinois Iowa
Power Co. is entitled
to receive through dividends on the common
stocks of Des Moines Electric and the company after Dec. 31, 1942,
the sum
of $930,000 plus the amount of the combined net income
the
of
company's
common
Electric and
Moines
Des
the company
available for their respective
stocks by
dividend
from
earned surplus of $200,000 on its
common stock payable to
its parent. Des Moines Electric, and on
the same date r>« Moines
Electric declared a dividend from earned surplus of $930,000 on its
Jan,
from
1943, to the date of the purchase of such
On March 18,
1943, the company declared
1,
Continental
parent, Illinois Iowa Power Co.
stock payable to its
common
a
Immediately following the purchase of the above-mentioned
of
common
stock of the company, the company will issue
its
surplus;
paid-in
to be received by Continental for the capital
Des Moines Electric has been determined by the boards of
the
company
of the
surplus
paid-in
the
of
directors
of
the company,
and
Continental
of
company
directors
and the amount to be credited to
has been determined by the board
Co. $1,750,-
purchase from Illinois Iowa Power
general refunding mortgage
al lof the outstanding
stituting
bonds, series A, 5%, due 1955 (con¬
bonds of Des Moines Electric), and
of open
account indebtedness of Des Moines Electric,
together with 2,600 shares of the company's 7% cumulative preferred
stock (par $260,000), for the sum of $5,010,000, plus accrued interest
and dividends to the date of purchase, as determined by the boards
of directors of Continental and the company.
This sum, exclusive of
accrued interest and dividends, will be paid by the company out of
$3,000,000
proceeds of the bonds of 3A% series.
The company will cause Des Moines Electric
to transfer all of Its
properties to the company in complete liquidation, upon the surrender
the company to Des Moines Electric for cancellation of all of its
outstanding capital stock,
bonds and open account indebtedness.
Company
will assume all of the liabilities of Des Moines Electric
owing to the public as of the date of transfer.
•
Immediately following the liquidation of Des Moines Electric, the
by
in
the
from Iowa-Nebraska all its properties located
together with certain current assets pertaining
acquire
will
State of
Iowa,
properties, and in consideration therefor
of Iowa-Nebraska pertaining to such
properties, issue to it, at par, 462,500 shares of the companv's common
stock, and pay to it, out of the proceeds of the bonds of 3'A % series,
a
sum
of money (estimated
at $1,000,000) equal to the difference
between the net amount at which the properties will be recorded on
the books of the company and the $4,625,000 aggregate par value of
to
the
will
such
of
operations
assume
liabilities
certain
issued.
Iowa-Nebraska will transfer to Continental,
the
stock
of common
share*;
so
as
partial liquidating
a
above-mentioned 462,500 shares of common stock of
the company
issued by It to Iowa-Nebraska and Continental will
then own all the outstanding shares of common stock of the company.
The consummation
of all of the above-mentioned transactions has
been authorized by the SEC by order entered Aug. 16, 1943.
the
dividend,
Application of Proceeds—Company intends to apply to the proceeds
from the sale of the bonds of 3(4% series, together with a portion of
to
funds
the
received
be
the
by
company *
Redpath
—
R. W.
2,150,000
Bosworth, Chanute,
2,000,000
1,700,000
Loughridge &/Co—.
Yarnall & Co
—.
250,000
250,000
Cruttenden & Co——
Folger, Nolan & Co.,
150,000
Co
Equitable Securities
750,000
Corp.
Marks &
M.
Laurence
Co.
_
750,000
—
loans
from
aggregating
evidenced by promissory notes, as follows:
(1) To to the redemption (a) on March 1, 1944, of $5,415,000 first
mortgage bonds, series A, 4,A%, due March 1, 1958 (redeemable at
103%
and accrued interest)
which, exclusive of accrued interest,
will require $5,577,450, and (b> on March 1, 1944, of $5,700,000 first
mortgage bonds, 4% series due 1968 (redeemable *t 105% and accrued
interest) which, exclusive of accrued interest, will require $5,985,000.
(2) To
the partial
payment for the Iowa properties of IowaNebraska
Light and Power Co. (estimated), $1,000,000; (3) to pur¬
chase from Illinois Iowa Power Co. of $1,750,000 general refunding
from
(4) to purchase from
company's 7% cumu¬
lative preferred
stock
(par $100) which .exclusive of accrued divi¬
dends, will require $260,000;
(5) to redemption on Jan, 1, 1944, of
10,133 shares of the company's 7% cumulative preferred stock (par
$100)
(redeemable at 105%
and accrued dividends) which, exclusive
of accrued dividends, will require $1,063,965.
of
o
interest,
accrued
Illinois
Power
Iowa
will
}
require
of
Co.
2,600
$4,750,000;
shares
of the
Consummation of Contemplated Transactions
Capitalization As of
First mtge7bonds, 3'A % series due 1973
tPromissory
notes—2%%,
maturing
serially 1944-948
$1,250,000
1,250,000
——
2%%, maturing serially 1949-1953—
cum.
pfd. stock (par $100)
6%
cum.
pfd. stock
(par $10)—
Common
r
stock
* Amount
provided
$10)
(par
authorized
the
in
unlimited,
subject
to
*30—
Years Ended June
♦
sales
Net
of
Cost
Provision
{Contemporaneously with the sale of the bonds of 3'A % series to
underwriter;?, the company will borrow from five banks $1,250,000
at the rate of 2%% per annum and payable in five
equal installments on Aug. 1, 1944 to 1948, inclusive, and from four
insurance companies $1,250,000 bearing interest at the rate of 23A%
per annum and payable in five equal installments on Aug. 1, 1949 to
;
from
Net
ry,
2,172,991
186,171
226,956
{97,233
48,642
$1,089,311
$625,742
84,228
74,153
$1,173,539
{735,000
120,000
$699,894
§200,000
'120,000
Gross
$318,539
$379,894
—V.
270,000
————.——
income
cumulative preferred
stock from Illinois Iowa Power Co.
It will also acquire 496 shares
of such stock upon the liquidation of Des Moines Electric Light Co.
The 3,096 shares of such stock so reacquired will be cancelled.
Com¬
pany will redeemed, on Jan. 1, 1944, 10,133 shares of its 7%
cumu¬
lative preferred stock, which will also be cancelled.
date of the sale to the
all outstanding shares of
owned by Continental Gas &
Ownership—On the
bonds of 3(4%
series,
will
company
cago,
be
Electric
Corp.,
—
-
—
Federal
for
taxes—!
income
—_—
contingencies—
& post-war
wartime
—V.
debt,
Electric
the
on
forma
pro
earnings
available
Years
interest
for
,,
dividends
Cash
Earnings
capital stock
on
shares
common
per
basis of ipcluding the operations of Des Moines
those of the Iowa properties of Iowa-Nebraska
and
voluntary
Gross
$9,322,609
3,075,89 5
Operation
Maintenance
Provision
for
$8,938,461
2,880,822
342,983
Operating revenues
314,914
i
1,104,254
29,162
State, local and misc. Federal taxes
State income taxes;.——
Federal
income
and
1,101,831
1,166,612
35,763
1,103,515
depreciation
excess
1
1,107,934
1,001,909
37,561
1,198,833
894,108
649,878
$2,467,967
$2,544,411
-
Assets—Cash
3,206
,
.....
operating
Other, income
income
-
,
ry.
hand
on
—V.
dividend
stock,
of
par
Dividends
—V.
,
Gross
income
Miscellaneous
.
deductions
—<—
■'
■
>
■■
31—
ii>
.
limited
68,667
revenues—
1943—12 Mos.—1942
$8,405,463 $7,393,932
3,231,394
2,913,266
1,256,304
549,556
958,273
657,216
793,167
737,500
62,500,
,
1,500
1,532
$278,698
$177,489
247
$2,573,542
9,628
$2,126,145
558
(net)
income
—
—
2,554
$279,256
$177,736
$2,583,170
79,644
71,937
951,580
894,868
$105,799
$1,631,590
pfd. stocks for the period
520,784
$1,233,831
520,784
$713,047
——$1,110,806
-
158, p. 579.
:
•
1942
1941
1940
$273,091
147,973
$214,614
110,676
$169,092
81,109
85,415
67,143
69,429
ry.
2,286,016
1,106,326
1,622,472
824,100
1,414,639
788,939
1,283,396
691,283
487,413
367,233
501,544
434,517
income
oper.
From January 1—
railway
from
Gross
Net
railway-
from
Net ry.
oper.
158,
p.
-
income—
487.
Net
ry.
1943 ,
$503,395
343,788
193,276
incomeJanuary 1—
oper.
From
from
Gross
Net
from
ry.
—V.
income
oper.
1942
$408,045
256,378
175,283
1941
$437,095
305,123
215,748
1940
$591,065
457,298
341,436
2,010,154
1,088,128
526,793
1,989,450
1,229,063
815,445
1,692,440
995,530
640,229
•
.
1,557,597
661,541
322,117
railway
railway-
directors
The
have
stock,
common
cents
40-Cent Dividend—
declared
par
$10,
a
dividend of 40 cents per
payable Sept. 25 to holders
share on
of record
This compares with 20 cents each on
1943
$237,596
July—
from
from
Net
ry.
railway-
railway—
70,235
21,450
•
income
oper.
From
1942
$268,966
110,283
16,621
1941
$188,411
82,534
18,882
from
from
ry.
railway
1,845,081
railway
793,431
income—
487.
194,725
oper.
—V, 158, p.
balance
of
2,015,493
966,275
259,804
1,215,971
482,783
201.411
928,646
306.475
123,935
21,488
from
1941
$549,395
$620,265
223,489
293,796
133,308
181,723
$526,098
264,468
175,492
$401,055
170,151
119,556
3,543,574
3,473,725
1,277,323
railway
from
from
Net
ry.
—V.
1,306,633
798,398
803,958
2,892,686
1,216,132
865,673
2,510,121
894,111
670,386
income
1—
railway
$2,720,804
24,169
of
railway
oper.
income—
$2,457,557
$2,527,136
$2,696,634
p.
company
$21,000
102
and
$1,242,393
1,014,200
363,131
386,689
345,850
15
of
int.
mtge.
599,449
reserve.
$1,638,089
$987,44(1
$2,238,848
$1,588,243
divs.o.-
450,284
450,284
900,569
900,569
divs.
150,474
150,474
300,1)48
300,948
36
Miscellaneous deductions
157,
pp.
Louisville Industrial Foundation
Directors'
——
;
-
$23,316
Expenses
—i_
—
from
profit
amortization of
5%
period
Co., corporate trustee, 70 Broadway, New York, N. Y.—V.
994.
157,
210
prem.
$6,880
14,944
-
$21,824
—
Balance
Sheet,
1943
30,
June
S. Government and other bonds . (at
securities, $610,225; due from receiver($22,042), $1; automobile and furniture
fixtures, $359; total, $972,583.
Assets—Cash,
and
$125,782; r U.
industrial
$236,216;
cost),
Bank
National
Kentucky
of
capital,
$875,759;
Net
Net
ry.
from
ry.
6,101,557
1,678,706
120,586,515
53,854,888
90,223,627
34,813,977
11,704,390
65.380,402
22,011,298
13,723,939
railway
15,410,730
income—
580.
p.
$8,141,094
2,124,199
1,378,576
1—
railway—
oper.
158,
for
1940
.
3,777,855
2,232,902
income—
oper.
from
Net
7,470,829
2,232,300
railway
From January
Gross
1941
1942
1943
from
reserve
$17,500,779 $14,943,628 $10,294,679
railway:
from
Gross
$21,824;
surplus,
$75,000; total, $972,583.
Nashville RR.—Earnings—
Louisville &
July—-
55,683 727
13,880,551
9,156,257
Mahoning Coal RR.—Earnings—
$259,297
$241,201
{$8.37
♦Net-income
{Earnings
{$7.76
share—
per
1943—6 Mos.—1942
$467,488
$420,915
1943—3 Mos.—1942
Period End. June 30—
t$13.48
{$15.03
{After dividends on 5% preferred
shares of common stock.—V. 157, p. 2045.
charges
30,000
on
taxes.
stock.
Lynchburg Gas Co.—Earnings—
1943
revenues
Operation
-
—
.
Maintenance
—
taxes
General
♦Federal
—_—
income
taxes
operating
Income
accruals
——.
—
Other
for
from
income
12
27,356
Dr2,056
—
$57,555
;—
charges.
:—
—
—
__—w.
22,097
562
53,568
1,097
$18,744
$2,890
imposed by the 1942 Federal Revenue Act it
income tax applicable to the earnings
months ended June 30, 1943 (on the basis of a separate
basis of rates
estimated
the
$86,968
$59,612
11,722
associated companies
income
the
$69,825
18,056
21,364
458
$50,459
{2,665
income
Advances
18,200
23,410
6,295 V
19,365
:——
operating income
income (net)
Gross
$299,000
172,155
$53,125
reserve
Utility
♦Other
'
1942
$298,546
180,817
12 Months Ended June 30—
Operating
♦On
as of Nov. 1, 1943 a total
sinking fund bonds due Nov. 1, 1959 at
the Central Hanover Bank &
$6,670
——
——
period
of
bond
16,647
—
—
sold—less
securities
on
*
;
operations-
Surplus—end
is
Payment will be made at
$23,121
195
—
income
Profit
/
June 30, 1943
—
—
collected
fees
Inc.—Earnings—
Operatons—G Months Ended
of
received
Interest
Total
$386,690
$1,037,331
$386,690
end of per'd
$1,037,331
2252, 2350.
Balance,
-V,
•Net
Called—
has called for redemption
1st
in
common
158, p. 487.
The
i
$2,547,617
20,481
$1,252,710
Interest—Bonds
Litchfield & Madison Ry. Co.—Bonds
$2,473,909
16,352
$624,317
common
1940
railway
oper.
From January
Gross
$1,242,408
B
Retirement
1943
from
Net ry.
$1,252,710
A
46,492
1S42
July—
Gross
$624,317
Class
Utility
Net
60,000
Class
1940
$134,026
.
January 1—
Net
74,800
$623,889
contingency
{On
Lehigh & Hudson River Ry.—Earnings—
Net
7,175
30,000
—
.
begin, of per'd
♦After
Gross
6,275
34,800
Total
—V.
March 27 and June 26,
Payments in 1942 were as follows: March 27 and June 27, 20
each; Sept. 26, 40 cents; and Dec. 19, 20 cents.—V. 157, p. 346.
last.
35,699
3,588
$623,889
deductions
Net
158, p. 487.
Le Roi Co.—To Pay
the
$1,345,282
23,041
income
Liabilities—Paid-in
railway
from
$1,356,826
14,625
possible losses in industrial securities,
Ishpeming RR.—Earnings—
railway
from
Net
$672,530
10,656
taxes
35,647
railway
railway-
from
Net
1943—12 Mos.—1942
1943—6 Mos.—1942
in¬
—1
Surplus—beginning of
1943
Net
$636,015
.
s
2,987
than
income
Net
$363,773
179,446
July—
from
356,532
■
$672,332
income
Profit
Gulf Ry.—Earnings—
Kansas Oklahoma &
Gross
$2,128,699
$199,612
—
applic. to
Balance
$1,048,875
Electric Co. (Del,)- -Earnings—
taxes)
Transfer
125
Inter., etc., deductions—
—V.
356,532
488.
p.
(other
Federal
125
income
Dividends
$992,547
the period
!_
Statement
Net
$1,405,407
quarterly
term
-
income
77,368
57,122
56,299
—
oper.
Gross
stock for
pfd.
to
revenues,-
come
Co.—Earnings—
59,805
—
investments
Net
950,115
$56,254
$77,078'
& admin, expenses
Net
1943—Month—1942
$723,758
$655,044
260,164
280,440
retir. res. approp.
Other
78,288
$1,947,678
955,131
79,283
,
Period Ended June 30—
Total
1846.
1942.—V. 157, p.
taxes
Trust
Avail, for int. on long-term debt-
applic.
158,
Gross
expenses—:
of
$2,355,522
•
Louisville Gas,&
Interest
revenues
taxes
Amort,
16,246
$134,542
J—
—
Balance
common
Period Ended July
Prop,
18,015
income—
Balance,
Other
$2,337,507
6,393
—
deductions
etc.,
$128,149
248
$156,361
(net)
income
$1,931,432
$156,113-
revenues
Income
both payable Sept. 10 to holders of record Sept. 4.
paid on March 10 and June 10, last, and in each
Kansas Gas & Electric
Federal
1,217,422
were
quarter during
Operating
Operating
1,319,070
1943—12 Mos.—1942
1943- Month—1942
$852,140 $10,962,541 $10,626,520
$1,016,708
473,609
5,545,252
5,778,474
518,996
111,669
994,288
1,260,306
193,604
65,430
60,713
780,492
693,921
78,000
1,305,002
962,387
82,565
July 31—
—
oper.
Net
Co.—Special Dividend—
30 cents per share and the usual
per share have been declared on
the
of
cents
20
$20,
amounts
Like
2,267,318
.
'
taxes
Taxes
dividend
special
—
income
579,
p.
.
Jones & Lamson Machine
A
railway
taxes
Inter.,
1943—4 Weeks—1942 1943—32 Weeks—1942
$3,980,019 $32,230,555 $31,736,336
-
3,243,585
1,465,034
4,618,510
1,563,653
863,203
expenses---
Gen.
891.
p.
99,484
5,676,557
revenues-,
Gross
$3,795,751
158,
152,449
7,968,633
592,073
Louisiana Power & Light Co.—Earnings-
Net
Inc.—Current Sales Fall Off—
14—
187,428
11,410,322
4,804,187
railway
oper.
158,
Other
accrued Federal income taxes,
$786,864; other accrued taxes, payrolls, etc., $89,496; reserves, $321,969;
common
stock (par $1), $300,000; earned surplus, $2,025,772; total,
$3,660,065.—V. 157, p. 2252.
=.
1940
$639,303
200,439
$1,413,161
Prop, retir. res. approp.
banks, $1,594,786; U. S. Government
tax notes $160,828; others $806,688),
Liabilities—Accounts payable, $135,963;
Jewel Tea Co.,
1941
$823,228
292,504
1942
1943
in
and
(series
Period End. Aug.
from
ry.
Other
.
Sales
14,055,958
3,134,538
79,014
$1,683,062
715,509
161,968
—
income—
oper.
from
Federal
cash
$967,516;
1,923
■-
720,566
.
Operating
B and
C
surrender value of life insurance, $54,772; accounts
receivable, $281,342; inventories, $14,935; land, buildings, machinery
and
equipment (less reserves for depreciation and amortization of
$388,389), $682,300; patents, $1; post-war refund of Federal excess
profits taxes, $50,000; prepaid and deferred expenses, $14,414; total,
$3,660,065.
'
'
'
,
securities
$2,718,881
5,942
taxes
Net
4,228,535
1,355,645
railway
Operating
Sheet, June 30, 1943
Balance
Net
profits
5,061,552
2,341,066
railway
Period Ended
amortiza¬
Lehigh & New England RR.- —Earnings—
309,786
15,230,107
579.
from
Net
after de¬
ducting post-war credit of $50,000.
§No provision has been made or is
believed to be required for Federal excess profits tax.
1940
$8,576,010
2,750,061
267,409
19,045,407
income
p.
from
Light Co. and
1941
770,168
24,503,084
6,879,431
income
$2,457,564
853,424
187,792
From January 1—
adjustments of
price
$630,000- in 1943.
{Includes provision of $40,614 for special
tion.
{Includes $450,000 provision for excess profits taxes,
Light and Power Co. as operations of the company.]
1942
977,234
railway
158,
Net
$1.27-
$1.06
.
allowances,
and
returns
♦Less
Net
long-
on
$2,626,661
1,500,926
Louisiana & Arkansas Ry.- -Earnings—
Net
income
Net
Gross
Earnings Summary for Calendar
of
1940
1941
1942
$3,522,450
2,157,022
876,295
112,500
—
income
for
Prov.
Chi¬
111.
[Summary
term
underwriters of the
common stock of the
3,617,636
railway
oper.
Net
Total
Provision
Sept. 11.
{Company will purchase 2,600 shares of its 7%
26,964,885
7,364,716
6,238,134
$4,615,589
July—
bearing interest
inclusive.
10,622,324
6,076,160
railway
oper.
Net
1,974,800
depreciation--
profit
Operating
Other
the
1953,
13,516,423
7,825,103
railway
from
1942 ;
$3,074,331
—
for
Net
indenture.
17,540,898
—
1943
ry.
1943
$3,347,515
-
—
—
—
July—
as
823,582
31,576,342
487.
l'rom
Gross
soldL-.—/—.
——
administrative expenses—,——»■
goods
and
Selling
Gross
restrictions
certain
1,449,522
41,410,413
—
income.
p.
from
Net
Lake Superior &
{21.433 shs.
38,700 shs.
930,000 shs.
1,230,014
52,047,430
—
From January 1—
—V.
1,250,000
1,250,000
25,000 shs.
39,000 shs.
1,000,000 shs.
7%
1,118,558
604,611
—
railway
Net
(W. B.) Jarvis Co.—Annual Report—
$17,000,000
*
$3,870,467
1,606,655
Long Island RR.~ -Earnings—
Outstanding
Authorized
$4,965,496
2,917,264
July—
$2,500,000
mortgage bonds, series A, 5%, due 1955, and $3,000,000 of open account
indebtedness of Des Moines Electric Light Company which, exclusive
$7,195,578
2.813,544
—
railway-.
oper.
158,
Gross
158, p. 890.
—V.
1940
1941
1942
$8,078,823
„
income.
oper.
ry.
—V.
100,000
—100,000
Inc. —
Quail & Co
,
railway-
railway
from
Net
300,000
Co.
&
Forgan
Shields &
ry.
Gross
Net
'
Pressprich & Co.
Glore,
from
From January 1—
$500,000
(.
the
company
& Co
Weld
stock of
company.
'The company will also
000
2,150,000
($2,486,685) will be. credited by the company
The number of shares of common stock of
amount
This
transfer.
to
.
Eastman, Dillon & Co.
White,
from
Net
Net
Putnam & Co.—
—
Auchincloss, Parker &
$2,925,000
2,925,000
shares
237,500
additional shares of its common stock to Continental in exchange for
all the outstanding shares of capital stock of Des Moines Electric.
The aggregate par value ($2,375,000) of such additional shares to be
issued by the company will be $2,486,685 less than the underlying book
value of the capital stock of Des Moines Electric- as of the date of
Gross
them are as follows:
Kidder,. Peabody & Co.
transactions) accruing
inter-company
(after eliminating
stocks
common
surrender
will
Electric
Moines
Des
of
spective
of the several
names
1943
July—
underwriters and the re¬
principal amounts of bonds of 3(4% series to be purchased
Underwriting—The
by
Lehigh Valley RR.—Earnings—
of
series now offered
3(4%
the bonds,
its parent,
Power Co.),
and (2) the Iowa business and properties of Iowa-Nebraska Light and
Power Co,
(a subsidiary of Continental Gas & Electric Corp.), an
intermediate holding
company
in The United Light and Power Co.
prior to the sale to the underwriters of
company will acquire (1) the business and properties of
Des Moines Electric Light Co. (a subsidiary of Illinois Iowa
Immediately
Monday, September 6, 1943
FINANCIAL CHRONICLE
THE COMMERCIAL &
986
that
the
Federal
return and the present annual interest charges), would be
approximately $13,000 and the related savings to the company from
the filing of a consolidated return would be approximately $3,000.
corporate
t
Volume 158
Based
the
No
such
upon
tax
annual
present
and
sayings
income for the period would
net
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4209
charges
interest
Middle States Petroleum
have been approximately $28,000.
6 Mos. Ended June 30—
tIncludes esti¬
mated tax
savings of $1,185.97 from filing of consolidated returns
(partly applicable to prior periods).—V. 157, p. 1946.
provision
required
Federal excess profits tax.
for
Consol. net
Operating
Operating
and after deductions of minority interest in
and profits taxes.
1943—Month—1942
1943—7 Mos.—1942
$1,496,548
$1,392,360 $10,852,825 $10,045,876
1,145,361
1,041,853
7,303,384
7,087,139
revenues
expenses
Note—The
deduction
report
for
$351,187
189,908
revs.
Equipment
rents
Joint
$350,506
160,529
$3,549,441
1,678,357
$2,958,737
1,196,638
Cr31,039
operating
Crly,972
./
Dr%ti»2
143,440
wr78,2U2
rents—Dr
fac.
24,686
21,861
.
Net
income,
oper.
ry.
income
70,008
for
reserve
the
from
consolidated
1940
earnings, but before income
and 1942 figures are before any
contingencies for, which $175,000
net
for
income
the
entire
year
from
Net
from
ry.
Gross
income
1940
$121,786
$125,887
$118,017
42,962
58,191
54,602
43,785
railway
1941
$167,392
75,305
railway
20,903
39,330
Net
int.
(rtls.
$2,130,766
$251,736
155,331
$240,464
154,583
income
To Pay
etc.)
$1,869,052
1,117,439
from
Net
from
ry.
—V.
$751,612
$1,052,781
$96,405
$85,881
.
1,077,985
$6 Dividend—
Gross
railway
26, have declared a dividend
of $6 per share on account of accumulations on the prior preference
stock, payable Oct. 1 to holders of record Sept. 20.
This will clear
up all arrearages on the issue to Jan. 1, 1942, it was stated.
Distributions
of
$4.50
per
share
each were made on the prior
preference stock on April 1 and July 1, last, while on Feb. 5, 1943
$3 per share was paid.—V. 158, p. 488.
Net
p.
from
Net
ry.
748,700
Net
Net
ry.
166,277
—V.
Net
Maine & New Brunswick Electrical Power Co., Ltd.—
ry.
—V.
$1,012,484
$757,369
275,505
151,426
279,986
201,422
166,667
77,567
8,307,980
7,268,349
5,864,876
Operating
Operation
revenues
$263,217
54,438
$252,290
57,933
6,115
27,532
52,731
$129,445
30,000
$107,979
28,333
$99,445
2,196
:
™
$79,646
1,178
56,083
:
2,669,324
1,970,334
1,252,405
862,016
2,059,040
1,347,145
633,142
296,286
675.
Maintenance
General
,
.
Utility
operating
Utility
Other
12,637
™
and
income
Retirement
10,614.
i
taxes
Dominion
income
accruals.
reserve
™
income
operating
income
profits taxes
excess
2-
(net)
—
'•
Gross
—
Advances
Other
income
Net
—V.
from
stock
157,
companies
l-w
2
charges
!
Net
1,546
12 Mos End. June 30—
Net
Other
Maintenance
Gefteral
Income
Utility
and
operating
1942
♦Includes
Equipment (in
' 159,551
35,380
52,185
48,371
*6,394
——
-
Road
Other
tDoes
$294,280
15,496
$2,262,071
44,819
$309,776
$2,306,890
67,842
Net
4,865
28,155
$642,102
Gross
income
...———
.
Advances from associated
Other
income
charges
™__1
-
:
....
__
$172,872
$146,205
*3,658
$304,912
$2,278,735
$1,011,996
defense
.„
32,237
77,890
——-1—*—.—
1,495
ry.
1,677
$35,480
—
from
Net
$66,638
company—.
______
45,383
deprec..
38,994
45,465
317,767
income—
the basis of rates imposed by
♦On
estimated
the
to
...
that
the
earnings
Federal
for
the
income
twelve
the 1942 Federal Revenue Act it is
excess profits
taxes applicable
and
months
ended
June
corporate
on
books
1940
1941
$105,763
$58,639
60,034
33,566
*11,543
22,293
43,275
22,043
1,004,473
828,046
693,968
439,529
280,711
209,633
174,546
187,265
115,070
$88,000.—V.
157, p.
taxes
and
approximately
1943—12 MoS.—1942
$402,210
$5,177,774
$4,254,678
220,078
191,257
2,310,765
37,500
36,000
442,500
91,094
580,592
\
•
335,185
524,726
Gross income
■
Int.
$83,946
$1,023,285
288,703
$877,888
22,776
$61,083
$734,582
$552,518
20,693
.
$83,859
23,151
$60,795
deduc._™
20,693
248,316
249,107
$40,390
$486,266
$303,411
325,369
assets of the Fund on July 31, 1943, the close of the fifth
year
operation, were $13,526,528, the semi-annual report reveals,
as
compared with $9,000,728 a year previous, a gain of $4,525,800.
On
July 31 there were outstanding 1,701,822 shares, owned by 7,123
Net
Bonds held in the portfolio were worth on July 31, at ma»ket values,
$1,800,312 above their cost to the Fund, contrasting with an unrealized
loss of $199,955 a year before.
During the six months under review, the Fund, in addition to its
two
regular
quarterly dividends of 11 cents each, paid two "extraor¬
dinary"
distributions,
representing
net
profits
derived
from
the
disposal of bonds at prices above their cost, the extraordinary distri¬
bution on April 15 amounting to 3
cents per share, and that on
July 15, to 7 cents per share.
During the period
to
added
the
by the report, the following bonds
Baltimore and Ohio RR. Co. First 4s,
covered
portfolio:
were
Ohio
RR.
"We
after
first
Co.
mortgage
5s,
4s,
1948;
Pere
Marquette
first
Co.
Ry.
of
those
nor
prosperity
can
who
we
expect
an
extended
understand how
business
ability to withstand
any
Operating
revenues
Other
large percentage of their war-time earnings."—V.
Mark
158,
Prop, retir.
Net
Hopkins, Inc., San Francisco, Calif.
—
Bonds
Inter.,
Operating
revenues
Operating expenses
Taxes, other than Fed.
inc. & exc. profits—
Federal income taxes—_
Charges
in
lieu
of
1943—3 Mos.—1942
$406,276
.255,946
$394,618
241,009
$1,645,343
1,036,480
$1,607,142
1,024,915
34,426
27,450
7,120
110,315
82,649
114.558
Other
income
income
(net)
$87,988
1,154
50,650
37,851
$98,693
$365,250
$384,317
149
3,677
3,774
.!
Gross
Net
—V.
income
&
other
income
157,
p.
$89,141
™
deduct.
_
$98,842
$368,927
$388,092
51,043
63,438
208,599
256,156
$38,098
$35,403
$160,328
$131,936
2451.
68,333
881,667
811,666
$101,584
$1,691,683
$1,459,335
29
942
782
$107,400
$101,613
79,795
$1,692,625
910,422
$1,460,117
7p,862
...
deductions
t
'
1942
1941
$242,493
$234,977
121,652
115,149
86,333
102,940
650,763
1,525,205
604,065
1,266,147
519,120
460,890
429,329
447,667
1,249,665
488,421
499,078
76,583
1,631,345
1940
Corp.—Earnings—
1943
1942
$2,365,312
$1,708,262
1,447,922
207,490
1,002,545
,
i
1
■
and
75,644
250,766
228,193
$323,397
$176,208
taxes
profits
excess
operating
income
...
operating
J,!
....
...
accruals
reserve
•
a
•
>.
h.
48,127
$272,400
1103,888
income
-
..
50,997
$128,080
$376,288
$171,542
52,500
...
86,258
bonds
on
.
income
charges
43,461
.
—f-
■:
income
Interest
Other
32,441
81,519
income—net
•
193,228
54,216
......
income
Utility
♦Net
5,373
3,834
$318,415
$81,448
....
income
the
♦On
is
to
the
basis
deductions
$313,000
of
that
rates
for
separate
from
and
income
the
twelve
corporate
the
the
consolidated
imposed by the
the Federal
earnings
of
.....
....
basis
estimated
returns
computation
related
returns
to
be
the
profits taxes applic-,
June 30, 1943 (on
excess
ended
and
thereof)
savings
would
1942 Federal Revenue Act it
end
months
excluding
would
be
corporation
non-recurring
approximately
from the filing
$63,000.
approximately
Based
upon
such taxes and savings the net income for th* period would have been
approximately $230,000. tlncludes estimated tax savings of $89,213 from
filing of consolidated returns (partly applicable to prior periods).—
V.
157,
1,847.
p.
ICC
Maine
,
The
Aug.
23
control
Nashua
of
the
approved
of
the Nashua
acquisition
&
Lowell
under
<fc
Lowell properties consist
of approximately 15.25
extending from Nashua, N. H.,. to Lowell, Mass.,
by the B. & M. as an integral part of .its
99-year lease dated Nov. 10, 1880.
Under this lease
operated
a
M.
share
stock
Boston
Corp. through
&
been
&
B.
a
the
by
Railroad
.
railroad
have
system,
$9
of
ownership.
miles
and
on
RR.
stock
the
pays
the
on
annual
an
rental
of $72,000, or the equivalent of
(par $100), of Nashua & Lowell capital
8,000 snares
outstanding, plus the
for
the
$782,203
$538,699
period
399,960
403,608
$382,243
stock
At
$135,291
stock.
It
at
than
-V.
of $1,000 for the latter's organization
sum
The
price,
and
has
•
July—
Gross
Net
from
from
Gross
*1,157
*13,717
;
ry.
1,291,599
railway™—.
income.
* Deficit.—V. 158, p.
1942
,
$159,095.
62,042
*27,718
of
the
1941
195,106
25,210
oper.
$84,182
11,793
12,245
*3,734
34
909,826
229,352
35,272
775,267
126,844
47,783
37,587
Net
railway
railway
from
ry.
—V.
income...
railway
railway
oper.
158,
of
written
purchase
offer
their
expenses
of
out
and
155,
500
return
to
acquisition
and
is
the
a
merger
betterments
made
other
the
with
funds.
The
of
dividends
&
B.
M.,
after
preliminary step
of the physical
The value of such
and the
$1,925,000,
since
more
all
connected
available
to
Lowell
to
shares at
and at the current rate
transaction
&
additional
holdings
made
income
proposed
ultimate
Nashua
its
incidental
be
$106,
a
to
of
purchase
the
valuation
net
date
is
1602.
p.
National Bond & Share Corp.—Income Statement—
Below
income
republish
we
certain
19,
items
the
semi-annual
published
in
income
condensed
statement
form
in
in
order
to
"Chronicle"
of
292.
p.
Comparative Income Account, 6 Months Ended June 30
1942
1941
$253,991
$295,955
$267,625
$206,759
98,303
163,391
142,919
103,886
21,336
61,929
82,661
1943
1942
1941
1940
$160,787
$128,399
8,359
$147,498
3,624
$158,666
7,749
$168,535
$136,758
$151,122
$160,510
*15,229
14,008
12,690
12,948
t3,943
J7,510
§11,278
1112,157
$149,363
108,000
$115,239
$127,153
$135,405
$41,363
$7,239
56,899
-1940
Dividends
Interest
Other
bonds...
on
1,783,525-
1,476,228
1,215,986
897,018
711,335
524,194
226,161
394,975
378,276
307,085
Directors'
fees, salaries,
other
and
Prov.
tal
612
1,232
income
Total
1,766,019
776,096
488.
p.
the
will
to
increase
submit
Lowell
investment
The
will
determined by the Commission is
as
$1,312,381.—V.
July
1943
from
from
value
an
additions
of
cost
clarify
From January 1—
Gross
will
&
assume
Payment
4.26%,
property
653,539
154,626
580.
July—
oper.
M.
shares
option
an
which
Nashua
will
intended
Missouri Illinois RR.—Earnings—
ry.
exercise
&
3,599
owns
property of the Nashua & Lowell by the B. & M.
1940
$107,803
|
from
M.
.
from railway
from
Net
.
1943
.$179,374
railway^...
railway
produce
taxes,
in
B,
book
a
would
Missouri & Arkansas Ry.—Earnings—
to
the
of
&
share,
a
purchases.
stock
158, p. 675.
$110
50%.
such
B.
proposes
stockholders
same
Balance
the
present
shares
921,418
$21,818
$31,538
for
oper.
Federal
stock,
capi¬
State fran-
and
chise
exps.
other
-
taxes
Missouri-Kansas-Texas RR.—Earnings—
Gross
Net
1943
from
from
railway.^..
railway
Net
Inter.
and
Federal
$253,072
115,035
46,942
122,438
—,
Utility
45,501
in¬
20,346
operating
781,996
$107,236
July—
Net
805,910
income
Net
1943—12 Mos.—1942
47,526
80,000
I.
Net
27,917
taxes
come
etc.,
Net
Michigan Gas & Electric Co.—Earnings—
the
expenses.
Gross income
Gross
Period End. June 30—
543,721
income
Net
Co., owner of the Mark Hopkins Hotel.—V. 137, p. 3683; V. 122, p. 359.
5,366,110
794,819
approp.
revenues..
ry. oper. income
From January 1—
outstanding first mortgage income bonds dated March 1,
1937, were recently called for redemption as of Sept. 1, .1943, at 100
and interest.
Payment is being made at the Anglo California National
Bank of San Francisco, trustee, 1 Sansome St., San Francisco, Calif.
This corporation was successor in 1935 to California-Mason Realty
$8,962,828
5,298,115
39,516
164
res.
Net
of the
$9(472,194
373,694
79,903
54,165
oper.
Other
may
'674.
p.
$630,653
419,701
taxes
Net
Called—
All
$741,005
taxes
depression
reasonably be expected to accompany the war's end.
In fact, this is
truer of the rails than of almost any other industry, since their
superior excess prof its. tax positions have permitted them to retain a
income
of
,
taxes
Retirement
The
1943—12 Mos.—1942
1943—Month—1942
expenses.™
Federal
the post-war
period of dislocation which
Federal
passage
2153.
p.
675.
Operating
generally
their
insure
for
the
157,
394.
p.
♦Federal
Mississippi Power & Light Co.—Earnings-
traffic Iknd
factory
stock
period Ended July 31—
activity and
expected can prevail without providing satis¬
earnings for the railroads," the report states.
"Moreover, we think it should be emphasized that the carriers' finan¬
cial houses have been put in order to an extent which would seem to
war,
after
Nashua & Lowell Railroad Corp.—Control by B. & M.
1956.
not
are
the
mortgage
—V. 158, p.
1948
(stamped); Chicago, Burlington & Quincy RR. Co. 1st 5s, 1971; New
York, Chicago & St. Louis RR. Co. 4 Vis, 1978; Southern Pacific Co.
4V2S, 1981; Standard Gas & Electric Co. debenture 6s, 1966.
The
following bonds were eliminated from the portfolio: Baltimore and
pfd.
on
Balance
investors.
*
income
Divs.
provisions
Other
of
Net
of
the
1942.—V.
income...
oper.
General
able
$40,102
other
&
months
$276,240
from
158,
the
'
and
Mobile Gas Service
539,155
295,906
taxes.
1,946.
Manhattan Bond Fund, Inc.—Semi-Annual Statement
twelve
RR.—Earnings—
ry.
407,000
taxes..
profits
and
2,095,451
'
depreciation..
exc.
six
1943
Gross
1943—Month—1942
31—
expenses
for
Fed.
■
(
1941
from
♦Other
taxes
income
such
upon
Prov.
the
in
January 1—
railway
from railway.
*54,304
580.
p.
121,643
General
Based
would have been
of
Acts
the
and $156,900 greater than the
periods in the quarterly report
second quarter of 1942.
The revised
determined
as
for
$57,100
9,979
$463,168
Federal
period
for
reductions
taxes
income
is
respective
*21,432
revenue
would
the
issued
reflect
the
from
n-
Period End. July
Gross
net
1942
for
Maintenance
r.V
the net
for
consolidated
shown
profits
Gross
Mississippi Power Co.—Earnings—
returns
approximately $9,000.
510,803
$920,091
Operating revenues
Operation—Gas purchased
375,664
158,
savings
income
510,803
$914,736
12 Mos. End. June 30—
1942
income..
Operating
be
255,401
...
railway™.
railway......
Net ry. oper. income™
Net
but
54,454
railway.™
1943 (on the
basis of separate corporate returns)
would be approximately $45,000
and the related savings to the company from the filing of consolidated
30,
$1,430,894
$378,168
Montour
.
J/'
♦Net
1,623,159
$1,425,539
255,401
stockholders
figures
excess
318,370
$145,238
railway
oper.
1,559,921
$633,569
...—$443,483
income
to
315,799
$149,152
income...
♦Deficit.—V.
$3,054,053
768,099
dividends
Note—The
—V.
railway™..^
Net
$2,985,460
$698,884
—
Net
projects—
of
excess
1943
from
Gross
.
.
24,138
$1,441,785
808,216
$1,466,983
$3,029,915
From
Chgs.
railway
oper.
19,941
July—
-
ry.
$2,965,519
3,413
.......
income
Gross
$1,048,989
36,993
include interest being accrued
paid currently.—V. 158, p. 580.
from
$1,444,100
Dr2,315
income..
periods ended June 30,
63,049
for
July—
Net
750,000
$1,463,570
__
$985,940
14,962
not
from
1943—12 Mos.—1942
$7,038,002 $15,062,995 $13,362,076
4,020,902
8,637,776
7,650,081
814,000
1,965,700
1,241,100
759,000
1,494,000
/1,441,000
1,117,000
income
Balance
From January 1—
Interest—Bonds
income
Deductions
.
$78,363
103,287
-
111,957
Mississippi Central RR.—Earnings—
60,000
$69,585
1
income
120,880
$630,559
amortizatioh of
property
not being
$138,363
—
income
18,198
55,095
income_„_——$144,960
75,374
operating
36,984
3,419
normal deprec.
Gross
Utility
$1,060,913
215,465
$645,521
fixed
$665,207
228,444
profits taxes—
accruals—
reserve
$2,167,487
9,288
charges
after
33,365
-—
$303,190
(Cr)
available
taxes..
Net
Net
__
.1
excess
857,849
17,171
>
1943—6 Mos.—1942
...—
Non-operating
$1,918,762
951,466
32,449
charges
215,593
—
*
"
taxes
♦Federal income
Retirement
income
Preferred
$3,118,952
(Dr)
net
898,562
4,547,675
Operating
9,557,988
$615,281
income
oper.
income,
$719,993
227,494
subsidiary—
.-™
-
ry.
Other
■
tFixed
1943
10,607,297
142,792
•
1
Power purchased from
1,516,228
$445,982
(Cr)
rents
1,796,975
941,575
$7,878,245
$1,962,210 $13,726,249 $11,476,751
164,477
taxes
equipment
fixed
M
.
revenues
Operating;
1943—7 Mos.—1942
$779,757
—_
after
of
1,881,173
revenue
taxes
Revenue
Maine Public Service Co.—Earnings—
Operating
1,620,686
revenues
Joint facility
$50,849
_™
'
Net
Hire
—
-
_
ry.
2,412,679
903,567
739,945
...—.1.™.
Federal
net
$80,823
2,340
26,083
1,551
21,914
$2,400,443
taxes
2,120,661
142,481
Central Ry.)
1943—Month—1942
expenses
Other
$75,841
2——-™
1946.
p..
operating
Net
July 31—
revenues
♦Total
"f
associated
income
Total
$101,640
2,340
income
Interest—Debenture
(Excluding Wisconsin
Period Ended
2,983,046
Period Ended June 30—
Total
Gross
1942
3,067,409
4,998,597
Minneapolis, St. Paul & Sault Ste. Marie Ry.—Earns.—
1943
113,184
4,107,079
580.
p.
Expenses
Earnings—
12 Months Ended June 30—■
135,460
Monongahela West Penn Public Service Co. (& Subs.)
1940
270,322
income
oper.
158, p.
1940
•—Earnings—
1941
$1,050,016
...
271,357
income—
oper.
158,
Other
railway
$432,324
337,819
189,841
3,857,514
railway
railway
from
304,764
177,749
322,429
railway....
1941
$542,427
328,319
income—
oper.
746,848
1942
1942
$582,441
January 1—
from
308,420
income—
oper.
ry,
From
154,286
$1,182,523
railway.
from
Net
828,466
railway.
from
Net
9,815,285
4,009,928
1943
319,237
From January 1—
Gross
1,313,869
48,113,812
329,405
railway
railway
from
471,773
1943
from
1940
$8,070,842
2,189,082
$578,113
from
Net
247,106
July—
Gross
1941
580.
p.
1,068,759
<
income™
488.
Minneapolis & St. Louis RR.—Earnings—
The directors, it was announced on Aug.
158,
Gross
railway—
oper.
158,
1942
-
from
—V.
31,602
income—
oper.
Net
Deducs.
'
railway... $20,089,557. $16,734,494 $10,756,417
railway.
9,147,661
8,055,158
3,911,979
Net ry. oper, income—,
3,462,696
5,956,858
2,825,257
From January 1—
Gross from railway
127,192,354 90,087,832
60,527,497
Net from railway^
58,412,913
35,912,090
18,458,087
Net ry. oper. income—
24,976,270
26,078,674
12,010,732
Net
Monongahela Ry.—Earnings—
1942
From January 1—
Gross
1943
from
July—
1943
Net
$1,525,809
343,243
RR.—Earnings—
July—
Gross
157, p. 167.
July—
158,088
$1,722,752
408,014
$185,264
66,472
$170,456
™_
Missouri Pacific
1941
Midland Valley RR.—Earnings—
Gross
Other
that 1943
states
special
a
deducted
was
of 1942.—V.
Net
Taxes
1942
*$76,462
t$42,458
t$50,500
♦After depletion, bond interest, estimated income and profits taxes
and minority interests. tAfter depletion, depreciation and bond interest
Maine Central RR.—Earnings—
Period End. July 31—
Corp.—Earnings—
1943
*$240,278
income
9 87
ry. oper. income
From January 1—
Gross
from
railway
Net from railway
Net
—V.
ry.
oper.
158,
p.
income
488.
1942
♦♦Net
1941
1940
$6,676,362
$4,952,099
$3,512,004
2,007,056
1,293,763
886,790
797,717
1,423,734
769,829
758,880
457,020
43,408,323
28,335,801
18,816,483
income
declared
Dividends
$2,724,762
15,760,919
11,393,726
8,206,837
4.904.373
3,390.291
4,123,063
4,338,457
2,148,261
858,463
Surplus
Earns,
capital share
per
♦Includes
auditing
has
be
been
taxed
expense,
made,
for
$0.41
contribution
also
as
$1,000.
it
the year
108,000
is
tNo
to
provision
expected
1943
as
a
that
$0.38
Red
for
the
108,000
$27,405
$0.35
$0.32
American
108,000
$19,153
,
Cross,
$1,500 and
Federal income taxes
corporation
regulated investment
will
elect
company
to
and
FINANCIAL CHRONICLE
THE COMMERCIAL &
988
substantially
distribute
■will
and interest
dends
tax
required
for
estimated
income
'
Federal
§lncludes provision of $2,700
tax.
((Includes provision for Federal
effect to results of security transac¬
existing
income
**Without
tax.
tions.
then
under
income for the year from divi¬
±No provision for Federal income
net
all
stockholders.
to
giving
laws.
'
,
,
15.
July—
Note—Realized net profit from
,
' '.
,
ry.
$61,895
32,612
from
Gross
from
Net
Net ry.
income—
From January 1—
from
Gross
from
Net
ry.
—V.
23,615,625
railway
9,050,901
railway
oper.
158,
p.
3,168,314
income—
488.
$1,716,633
$1,294,223
563,159
280,894
341,875
13,314
11,790
railway—
378,635
172,565
84,236
417,693
205,079
90,931
income—
oper.
10,970,318
\
"v./
.
,
_
'
25,521
$1)
V
i
..
Corp.—Removed from Listing and
stock
$1)
(par
removed
been
has
York Stock Ex¬
at the opening of business on August 23.—V. 158, p. 488.
change
National Enameling & Stamping
Retirement
the
stock,
common
debt discount
,
(& Subs.)—Earnings1943—12 Mos.—1942
.
Subsidiaries—
$21,948,821 $88,626,506 $88,644,046
10,679,053
10,254,911
42,392,580
43,072,784
2,984,094
3,829,250
13,482,413
12,465,432
1,397,713
1,440,040
5,384,980
5,477,464
1,680,408
1,624,885
6,855,214
6,721,938
Operating
revenues**— $21,409,464
Operating
expenses
Federal
Other
taxes
taxes
———,—
Prop, retir. res.
approp.
revenues—
Rent from lease of plants
oper.
(net)
3,708
4,103
—
—
$4,799,735 $20,511,319 $20,906,428
$4,668,196
13,175
18,805
.
25,797
Operating income
income (net)
$4,803,443 $20,530,124 $20,919,603
19,767
65,794
70,708
$4,698,096
$4,823,210 $20,595,918 $20,990,311
$4,672,299
,***
Net
*Pfd.
2,044,156
deductions
other
Balance
public
to
interest
and
———
to
divs.
1,336,402
public-
9,405,362
8,557,450
2,329,498
$2,493,712 $12,038,468 $11,584,949
1,405,802
• 5,442,108
5,623,206
$2,653,940
——
Net
ry.
charges.———
V.
83
>1.-
——__*___*_
.
June
Sheet,
30,
*
1943
from
ry.
Gross
ry.
From
Net
A
kwh.
above
production
Balance
$1,317,538
$1,087,910
$6,596,360
102,361
503,269
204,268
Power
in
Light
&
of
income
$6,093,091
$5,757,475
743,090
Power
&
Light
$985,549
$5,757,475
53,011
Other
Total
—_—_
—
146,098
8,183
$6,093,091
474,364
$1,461,348
$993,732
$6,567,455
6.212,237
3,565,546
1,270,027
2,926,022
—V.
8,325,300
4,667,180
income—
489. .
945,662
oper.
158, p.
Total
91,202
349,480
382,404
27,087
±45,977
154,279
Operating
revenues_L*
$2,327,714
4,857
7,599
24,482
29,565
Operating
expenses——
1,048,660
Interest & other deduct.
342
4,528
4,717
123,221
i
6,899
22,185
49,099
41,411
Other
Federal
income
tax
Federal
to
earned
sol.
ended June
retir.
after
capital stock
tax
adjustment
applicable
of
whether
Other
to
$51,875
Statement
of Income
the
operating
Interest
$461,467
$1,492,563
125,888
327,985
Dividends
566,248
Federal
Net
$157,513
$335,579
$1,164,578
4,528
4,717
123,221
6,899
22,185
49,099
41,411
$150,272
$308,866
$1,110,762
$2,123,864
securities
Net
and
$29,410; other current assets, $750; deferred charges,
reacquired capital stock,' $102,592; total, $120,394,947.
Liabilities—Capital stock
(no par), $99,734,106;
$26,000; accounts payable, $20,333; accrued interest,
Net
*
from
ry.
long term debt,
$1,940; preferred
from
Net
from
Net
ry.
railway*
from
earned
774.
*
Federal
Other
436,449
1943—12 Mos.—1942
$813,513 $10,041,403
384,182
4,441,857
4,303,223
103,195
1,092,096
1,311,618
75,270
894,968
60,800
730,000
709,100
Amort,
investments
1
Other
790
777
9,480
9,412
$195,754
$189,289
$2,873,002
176
18
730
$2,306,403
1,372
$195,930
$189,307
$2,873,732
H.
the
company
first train
Inter.,
—
income
*.
89,061
83,630
1,069,011
1,036,535
$106,869
deductions
etc.,
income
Dividends
Balance
—V.
158,
—
applic.
$105,677
$1,804,721
•
499,100
$1,271,240
499,100
to pfd. stocks for
—
——
p.
dividend
on
of $1
the
'
®«283
j'y,
the period
——
$1,305,621
1,457,533
456,686
592,854,.
,
•t" 624,452
over
»1941
•
499,846
of
13,693,943
25,488,553
4 7,471,146
3,727,131
.
;
8,092,983
15,920,443
1943—7
•$
MOS,—1942
^
'■
*
1
$772,140
13,496,798
151,474
4,080,907
282,780
332,288
302,970
6,752,941
2,232,153
6,071,557
operations
expenses
fr.
ry.* oper.
accruals**
tax
$
(
8,402,285
JLl,575,704
11,114,687
1,764,676
146,614
4,590,641
298,618
/
103)372,980 m84,027,543
1,491,191
Miscell.
1,0.24,730
.
;
30)982,22(>
1,990,558
,
,
,
42.597,619
15,031,118"
2,268,599
901,093
.
,26,917,141
1,683,233
I;,
2,166,366
4,520,788
426,238
f
2,047,445
per
share has been declared
stock, no par value,
common
on
account of accu¬
Oct. 15 to
payable
ry.
charges
tNet
oper.
avail,
after
income
for
in
of
remainder
their
$55,634
approximately
:Vv. V-
the
claims
in
charges—
of
in income
in common
the
•/
distribution
of
653,690
603,714
2,791,491 •' *2,812,313
.
4*204,328*:
.
3,440,860
2,852,734.
20,570,682
,
.:
.
securi¬
new
would receive for each $1,000
Gen./
First and
Cons.
Mtge.
bonds**
Terminal
Midland
Mtge.
v
Com. Stk.
Mtge.
.'
Pfd.
(no par)
Stock
5%
per Share
4»/2%
Income
4%
Bonds
Bonds
at $100
Second
Gen.
$1,000
$507.78
bonds-
Refunding
$540.50.
$289.22
176.03
531.76
.'
$454.37
-J*—
328.09
bonds*
mtge.
1,299.50
>
349.29
;
bds.
bds.
mtge.
*^„_
Ex
Paterson
Unsecured
*1,076.00
*—*
.u*'—194.74
claims*
addition
The
new
for
issued.
*3,547,970
a
preferred and common
of
periods
of
Holders
j
slock would be placed under voting
10 years and
such
t
i
:
voting trust certificates would ba
be entitled to instruct the
certificates would
would be held by a railroad or by one affiliated with ;a
sale, consolidation or merger could be effected with the
of those holders of certificates of each class of stock"
certificate
A
consent of 51%
to
entitled
489.
p.
•r*
give the voting trustees instructions as to voting.—V. 158,
••■
■
.
; ■
,
,
"
..
■
■■ ••■.■
■
-
••
Niagara Hudson Power Corp.—New Rural Plan—
A
liberalized
rural
their
tomers in
electric
line
war-time food
extension
to
plan
assist
rural
cus¬
production efforts was filed on Aug. ,25;
Hudson System companies with the New York State
Commission, it was announced by Earle J. Machold^
Niagara Hudson Power Corp.
The plan originally ■ was
intended as a part of the System's post-war program for completing
the electrification of its rural territory, but it has been decided to
make the liberalized plan avaifkble now in view of the critical food
situation.
Thus many-farmers who are not now enjoying the benefit^
of electricity may more readily obtain service to offset the farm labor;
shortage through the use. of electricity in the operation of 'farm'
equipment for poultry raising, for milk production, and for general
farm needs.—'V. 158, pp. 894, 774, 676 and 581.
Niagara
Service
President
of
,
Norfolk & Southern Ry.—Earnings—
Gross
"
,
ry.".oper.
income*—*
From January
from
from
ry.
3,080,296
22,579,801
17,030,612
fl.973.321
±14.943.459
19.344.842
—V.
158,
$527,926'
178,260
,141,144
124,193
4,902,127
4,405,025
3,073,365
1,429,655
1,498,555-
1940
$387,584
)
76,280
'/ " 26,486
117,807
-
1—
railway-
railway—
oper.
1941
f
$776,778
327,329
256,202
Net
Net
'1942
1943
$790,110
railway**——
front
Gross
■
from railway*—
Net
1
15,625,760
to
voting trustees on matters of voting the stock, except in cases where a
Net
3,762,306
12,683,954
entire
property
noncarrier
stock.
common
outlined
above
Term,
;
■
-
•
10,514,599
fixed
—*—**—.
about 12.1%
principal amount of bonds approximately, the following, new securities;
,
,
Income
and consolidated bonds,
in preferred stock and the remainder in common
mortgage bonds would receiye about 99.57 S&,
their claims in common stock.
Hplders of general
of outstanding bonds
32,500,642
27;566,50Y* 21,986,043
3,802,958
346,510.
.
Ltd.—$1 Dividend—
first
interest
July—
Ry. oper. incomeEquipment rents (Dr)__
Joint facility rent (Dr)
of their claims
40.4%
in general
about
bonds,
with
Public
RR.—^Earnings-
14,145,555
1,806,506
1,992,835
equipment-
about 38%
receive
4%
accordance
at
1943—Month—1942
1
rev.
would
consolidated
and
of
railroad.32)685,956
Cleveland;' retired
years of'1 set-vice.
He
at Chicago, 111., 11 days before* (tie4 opera¬
the road on Oct. 22, 1882.—V'.'158, p. 894.
Transportation, rail line
Net
bonds
Midland
the holders
;
..
48,095,985
21,983,648
7,378,623
& struct.
way
property
In
trusts
1940
•
»
$5,095,082., $3,681,207
..2,203,811
1,116,420
1,166,742 •
583,810
.
Maint.
of
•
revenues****
oper.
*Net
A
)
*2,767
5,599
i,632,5ip;;
894.
National Steel Car Corp.,
mulations
$143,186
.
:/ " -v
* :;■
■--
'
n
receive
common
of second
the
by
Railway
Net
^
New York, New Haven & Hartford
General
Gross
$222,456
; 68,313:;,
would
priority
mortgage 4% bonds having a first lien
as
does the existing Terminal
same
4%
1940
'
Sellman, Auditor of Revenues,
at his own request, after almost 61
with
'
Bonds
;i94i
; •
to
plan in cash and the principal amount of
ties,
544,586
$2,307,775
■_*,
income
8,025,439
income*—:
Period End. July 31-
Ry.
the
-Earnings—
1942
$8,106,849
4,064,860
1,073,260
i
27,702,168
Maint. of
revenues-
oper.
1943
$8,400,350
3,833,547
1,149,372
1—
Traffic
Net
•■•:•'
$1,675,373
874,255
60,800
taxes
Prop, retir. res. approp.
of limited term
and
Louis RR.- -Earhings-
railway**—
Sept.
-
entitled
4 V2 %
beneficial
$9,514,011
75,471
78,697
-—
$4,543,834
544,586
1942
$462,599
236,451
200,710
"
3,446,853
1,950,971
1,851,983
made for
is
amount of their claims in new
Terminal
new
stock are
their partici¬
common
proportional share in noncarrier nroperty,
tFor each $1,000 of claim.
'• ••••,•.
" -•
•
-
58,068,579
tion of the
the
amount
*In
railway***
oper.
started
Co.—Earnings—
expenses-
taxes
from
Christian
on
income***
January
ry.
$281,378;
in
lease-purchase
.
mortgage bonds would receive interest accruing
Holders
the
489.
railway—
oper.
From
Net
$847,961
p.
July—
Gross
Net
revenues—
income***
New York Chicago & St.
with
Operating
Operating
5,153,609
3,138,769
1,108,881
-
railway—_**_
oper.
Gross
1943—Month—1942
1
railway**—
Deficit.—V. 158,
redemption, including premium and,interest, $198,940;
$6 preferred stock drawn for retirement on June 16, 1943, including
accumulated dividends, $1,145,225; reserve for losses or adjustments
respect to capital assets, $6,996,761; reserve,
surplus, $11,553,945; total, $120,394,947.—V. 158, p.
—_
oper,
from
Net
railway*™
railway
income*—
January 1—
ry.
1943
$783,665
442,586
159,696
---l*
*$417,500
mortgage bonds would receive about 25.95% of their claims
stock.
Holtiers of Paterson Extension bonds would receive
$1,658,661
.*_*——
3,500,000
equipment
on
provision
no
r*,
claims not
the principal
•'
of Terminal
first
new
of
3,624
$2,303,2^ .,'$2,219,959
for the period
$100
$14,000,000
First
■
from
Gross
for
Power
stock
of
claim
stock.
$4,540,210
-
3,000,000
at
stated
installments
and
unsecured
9.47%
of their claims in
2,^35,194 • ; 2,323,875
$191,402
$417,500
bonds, about 39.3%
$59,721;
dividend declared, payable Aug. 2, 1943, $18,000; accrued taxes, $90,714;
liquidation account, Tennessee Public Service Co., $327,606; long term
Nebraska
$4,438,441
183,218
$131,037
pfd.
to
of
value
no
plan/
676.
p.
from
From
dated,
Period End. July 31—
$374,620
*******———*—
158,
Gross
Sheet, June 30, 1943
advances, subsidiaries and minor
other investments, $118,359,518; cash in banks, on demand, $491,616;
special cash deposits, $1,345,305; accounts receivable, $250; accrued
interest receivable, $5,787;
dividends receivable, subsidiaries, consoli¬
called
23,560
164,228
July—
Net
Balance
debt
;,••/127
New Orleans Texas & Mexico Ry.-
—;*_*
Assets—Investment
$4,414,881
—,
income bonds and the remainder in 5% preferred
stock.Holders of first and refunding bonds would receive about 24.2-%
^.
de¬
tax.—
income
income
$374,493
$295,265
—***_*_
applic.
Balance
have
Holders
$2,288,496
342
income
income
$7,500,000
20,000
*—;
charges
and
-deferred
of
in the
mortgage
$2,854,744
103,092
income
from
3,787,765
—_
112,500
——_*—
substantially
in
2,517,330
2,900,559
3,077,477
3,018,709
259,242
deductions
etc.,
Net
1943—12 Mos.—1942
$260,605
—
other
and
ductions
245,183
294,500
income
Gross
six months
-V.
Net
-1942
1943—12 Mos,
252,562
,
2,500,000
mortgage;.
$2,022,112 $26,348,190 $23,369,193
894,774
11,417,362
10,333,617
approp.
3,270
——III
**—___
value,
par
i
85,000
5%———_****_—_*
(no
the effective date of
on
3,709,473
(net)—
bonds
capitalization
Holders
Inc.—Earnings—
$291,995
ments
$200,000
fund——
—
stock.
over-
(Company Only)
1943—3 Mos.—1942
___*
—
*——_
601,655
248,420
revenues-
income
stock;"
to
pation
224,699
439,997
res.
oper.
Inter.,
Period Ended June 30—
Expenses
Net
1942.
30,
Income
$5,079,606
$6,185,654
applicable to respective periods
credit
tNet
for Federal
provision
$841,131
$1,351,015
requirements
unearned.
or
found
.
surplus
dividend
*Full
earned
con-
'Annual '
agreements amounting to $525,340.
The equities of the holders of the preferred and
754,250
_—_—_*
taxes
Other
prop,
carried
Bal.
The recommended
1944.
$5,000,000
betterments
stock
share)
a
about
_—._*_*
taxes
deferred
of
instance
:•'■v
■
■■
*
Common
1,453,326
1943—Month—1942
Period Ended July 31—
.-
■
Preferred
1,777,459
■
be
equipment lease-purchase agreements amounting as
to
$525,340—yearly installments, $72,000.) { The
bonds***
and
Additions
their
New Orleans Public Service
2,456
taxes
Federal
" $510,517
the
Require*
to
taxes ———
Expenses
-
to
would
1942,
;
Holders
railway-
railway—.
from
ry.
$5,810,486
$1,315,250
each
in
(Exclusive
$44,366,343.
on
31,
Fixed-interest
1940
'149,059
Net
Co.—
95,779
(as above) ^
income '.':4*_*—_
equity
capitalization
new
Amount
$243,733
74,020
17,801
> • 289,446 ?
306,009
Net
National
Net
the
plan5
$14,000,000.
The present capitalization is $3^,213,163,
plus approximate- debt:> as of Dec. 31; 1942; is
"Exclusive
'•
127,539
from
Gross
-'-1941?
671,311
oper.
From
$985,549
$1,315,250
■
income—
January 1—
ry.
Co.
subs.
1942
railway-
from
'
Bernhard.
fjind, Terminal bonds-
$1,183,116
Net
of National
1,851,663
693,903
295,083
recommended
been
has
reorganization
A.
recommended
;
a
1943
railway
of
C.
Contingent-interest
Sinking
$1,245,942
from
plan
date of the plan would be Jan. 1,
capitalization and charges are as follows:
& Northeastern RR.—Earnings—
New Orleans
Gross
Net
Net equity
434,254
effective
Distribution—
24 declared
Aug.
on
July—
___
906,149
487,512
47,970
v.
amount
Dec.
Payments in 1942 were as follows: ,15 cents each,,quarter, plus a yearend extra dividend of 50 cents on Dec. 21.—V. 157,. PP., 996, 2153.
to
minority interests
936,387
640,863
approximately
of
dividend of 15 cents per share
on
the common stock, payable Sept. 30 to holders of record Sept. 15,
Similar
distributions
were
made on March
31
and June 30, last.
$5,961,743
2,288
—
applicable
1,612,830
income—*
that
Total
Portion
54,937
2,150,127
?•"
•
Idea, Inc.—15-Cent
directors
The
108,372
-
1—
by Examiner
and
'
' ' "V-.. '-": ■: '■
for the Aug. 27 week is reported at 102,043,000 cu. ft.,
increase of 8,837,000 cu. ft., or 9.48% above production of 93,206,cu. ft. in the corresponding week a year ago,—V.
16$, p. 894.
000
$276,189
116,495
113,648
approximately
27, this Association reports electric output
This is an increase of 1,079,480 .kwh.,1 or 9.27%
of 11,641,757 kwh. for the corresponding week a
■"
$295,199
177,373
V
2,313,351
the
'
1940
1941
$367,152
$513,370
:>230,663
95,149
oper.
Under
Gas & Electric Association—Output—
■year ago.
Gas output
RR.—Earnings— >'
1942
1943
3,425,730
proposed
ICC
week ended Aug.
the
12,721,237
74,149
*478,558
.
railway*—
from
installments
For
340,055
"209,979
Proposed Reorganization Plan—
r
New England
22,654
3,138,154
,
railway——*
from
ry.
(par $25),
2351.
"
'
January
Net
P.
99,677
27,626
650,149
,
from0
Net
.
$117,000; premiuni" on common
stock, $12,042; long term debt, $200,000; accounts payable, $1,189;
customers'
deposits,
$190;
taxes accrued,
$2,927; interest' accrued,
$1,875; other current and accrued liabilities, $487; deferred credits,
$7,516; reserves, $113,852; contributions in aid of construction, $14,824;
capital surplus, $11,750; earned surplus, $13,135; total, $496,800.—
V. .157,
111,342
r!
3,494,682
105,518
152,134
$573,813
112,221
.,
4,348,992
662,237
income—
railway™
railway-——>
oper. income;.—"
Net
V- •'.»v-
u
;
1940
1941
$613,600
192,451..
152,111
railway-
«
$3,272; prepayments, $1,882; total, $496,800.
,
$809,859
4,953,645
.
from
Gross
-
:
New York Susquehanna & Western
$7,502
ceivable,
$15,555; piping and connections accounts receivable,
$13;
receivables
from
associated companies,
$5; materials and supplies,
stock
1942
$985,847
250,627
,,
railway—
oper.
July—
9,828
Balance
Ry.—Earnings-
"Deficit.—V. 158, p. 489.
;
-
$5,370
__——**_—*—**—
appropriations
986,098
728,504
285
71
;
—
1,888,249
1,415,851
,
January 1—
Net
495
'
1,996,410
income***
oper,
from
Net
7,500
.
*'
Gross
445
*******_*
**——
„
7,500
,
:
companies——;
income
New
income
Gross
7,406
$16,227
Assets—Utility plant, $466,768; cash, $9,305; consumers' accounts re¬
an
Other
7,583
railway—*
railway****!*
from
■
966,210
1,098,442
104,349
290,038
2,657,756
1943
Net
■;.!
.
and expense———
associated
deductions
Net
of
Net
to
debt
on
Other interest
Other
1
—***_.
160,102
,
,
from
$13,024
J*
—*_***_**
———
139,503
1,724,261
July—
.
$23,632
■,
$191,318
310,930
New York Ontario & Western
243
1
$20,607
long term debt———
on
of
Co.—Larger Payment
1943—3 Mos.—1942
period End. June 30—
v
—
—_—_—
accruals
reserve
Liabilities—Common
National Power & Light Co.
332
•>
-—****
income
Interest
a
value,
par
$1,—V. 158, p. 774.
24,
and Dec.
1 declared
no
2,557
$23,389
489.
p.
1940
$425,268
76,452
1942
797,830
,
,
income—•
oper.
1941
$224,228
162,743
ry.
158,
.
.
railway—
from railway
—V.
894.
p.
1,574,718
632,855
income.—
oper.
from
From
New
dividend of 75 cents per share
payable Sept. 28 to holders of
record Sept.
14.
This compares with 50 c,ents per share paid on
June'25, last, and 37% cents on March 31, 1943.
Payments in 1942
were as
follows: March 31, June 30 and Sept. 30, 37'/2 cents each;
directors on Sept.
The
.1,675
;****,
-
4,314
$20,275
—a——*—_—___
_/.'*——
.
income
Gross
Dividend
on
taxes—
—
Net
1,445
■;
4.090
158,
1943
$246,473
102,212
railway—■
railway
Net
14,896
>
,3,007
'
■
Gross
RR.,
Warren & Bristol RR.,
Connecting RR.- -Earnings-
From January 1—
$46,602
16,793 *y
"
*
ry.
1942
t
Colony
the stated leased
for
charges
no
Old
the
.
,
from
from
Net
—
dates,
Providence,
bond" interest.—V.
and
July—
1943
these
covering
New York
Net
$45,840
***__*———***_*_
income
Other
Interest
listing and
from
155,185
r
—-—4.—-.—■——;
——_—
income
Amort,
Registration—
common
106,868
—
—
—********—
taxes
Gross
The
229,795
.
•
*
Utility operating income*!*-*——
old common stock (par
registration on the New York Curb Exchange.
The stock was admitted to dealings on the
taxes
184,796
Oro'ss
of new common stock in exchange for
£ld common stock.—V. 158, p. 774.
(
National Container
.
as
414,183
:
/
the basis of two shares
on
each share of
22,599
402,557
Co.—Earnings—
12 Mos. Ended June 30—
Federal
at the opening of busi¬
,
.
.
Operating revenues
General
registration on the.New York Curb Exchange
ness, Aug. 30.
'
The new stock was issued in exchange for
90 cents)
(par
32,347
'1
-
of
rentals
Hartford & Connecticut
and Boston & Provi¬
dence RR. Corp. leases.,
tlncludes accrued and unpaid real estate taxes
on
Old Colony
and Boston and Providence' properties; also accrued
and unpaid charges against said properties for Boston Terminal Co.
Gross
admitted to listing and
stock
common
new
580.
p.
Maintenance
was
The
income.—
oper.
158,
Operation
/
Listed—
Lines, Inc.—New Stock
National City
935,781
1,903,466
ry-
—V.
of
aje included
Western RR.,
''
New Canaan Water
8,645,336
1,687,050
3,229,986
from
from
Net
174,125
14,955,635
4,279,831
2,365,166
1,115,985
233,019
oper.
Net
$2,626,545
936,284
504,783
$3,540,096
railway
railway...
ation
$58,660
$57,237
12,790
railway
from
Net
Net
1940
1941 '
1942
1943
July-
following companies were rejected on dates stated
but net railway operating income includes the results of oper¬
these properties; Old Colony RR,, June 2, 1936; Hartford &
Connecticut Western RR., July 31, 1936; Providence) Warren & Bristol
RR., Feb. 11, 1937; Boston & Providence RR. Corp., July 19, 1938.
below,
■(Effective
railway—
Net
Gross
Earnings—
'■The leases of the
on
1940
1941
1942
$55,682
24,337
railway
from
Gross
1943
.
From January 1—
Nashville Chattanooga & St. Louis Ry.-
made
was
1943.—V. 157, p. 2153.
share was made on April 15,
per
distribution
similar
A
Nevada Northern Ry.—Earnings—
'
sales of securities for the six months
ended June 30, 1943 {computed on the basis of average costs) amounted
to $27,225, as compared with losses of $574,652 in 1942, $181,500 in
1941 and $486,578 in 1940.—V. 158, p. 292.
of
dividends
$1
Sept.
prior to which the company paid regular quarterly
50 cents per share.
In addition, an extra payment of
last,
15,
July
record
of
holders
Monday, September 6, 1943
income**1
p. *490.i
660,154
761,891
-
774,613
402,175
2,562,119
'
393,496
.
34,982
Volume 158
\
Number 4209
THE COMMERCIAL & FINANCIAL CHRONICLE
V.
;
New
Norfolk & Western Ry .—Earnings—
Period End. July 31—
Operating
Maint.
Maint.
1,382,581
8,586,879
Ry.
equipment-
2,492, 528
2,457,032
149,477
17,504,109
1,212,381
2,867. ,106
2,412,355
19,528,731
16,497,532
69, 439
45,937
398,499
244,454
238, 259
195,532
1,687,506
1,569,758
oper.
Secured bank loan,
25,
Common
of
25,108,629
58,590,445
4,902,015
$8,630,343
3,434,370
Joint
facil.
rents
(net)
522,537
Net
ry.
income.
oper,
urj 2,561.
CTJ85
$1,980,998
(bal.)-
72,111
in
Northwestern Pacific RR.-Earnings—
its
July—
Net
Federal
Reserve
into
of
as
Boston,
bank
Nov.
25,
between
agreement
guaranteed
fiscal
as
1942.
to
the
per
of
of the U.
commitment, fee
agent
A
Entire
proceeds will be
available
for
31,787
income-—
152,364
75,564
6,942
*3,045
3,498,123
2,525.644
1,835,498
1,757,608
936,794
430,823
51,478
*133,471
595,873
164,136
*197,918
*352,801
oper.
;
;.v
general corporate
,'/
ry.
income.—
oper.
Gross
Int.
items
income
313,991
176,136
-V.
income
$1,876,973
-
purposes.
jor
.
In
581.
p.
purchase
$1,550,964 $12,480,798 $10,783,392
:
North American Co.—Dividend—
The
SEC
-dividend
.
of
shares
Co.,
In
Gas
and
.each
of
of
lieu
such
the
of
rate
share
of
clared.—V.
proposal
stock
common
to
pay
a
Aug.
158,
3,
stock
common
for
fractions
on
will
be
and
Gas
Gas
Electric
of
North
The
shares
of
at the rate
Co.
American
stock
of
each
on
of
the approximate
1943,
the
date
market
the
,
.
-
activities
for
/■.'/
.1
Investment
Statement of
Corp.
flown
miles
flown
Rev.
/
pass,
shown
1942
4,012
668
of bond discount
amort;
before net
&
$86,302
:
—
$24,298
—
for
Fed.
income
&
$25,919
160,898
—
■".•Net income and
exces§. profits
5,139
$185,196
Dividends
on
6%
on
5J/2%
pfd.
Balance
$147,196
32,377
21,531
_
Sheet,
$29,558
32,377
securities,
tized
at
cost
niture
•
(less
unamortized
discount
and
on
for
reserve
bond
.
Mail
foreign
discount
and
securities
of
$121,272),
$27,938;
expense,
stock, $60,244; prepaid
$1; total, $4,312,853.
unamor¬
fur¬
$816;
expenses,
Operations
/•'
Air
:/^ /•
;
Net
'
cumulative
preferred stock (par $100), $1,304,900;
1933, $5,073,680; earned surplus Since June 30, 1933,
$4,312,853.—V. 157, p. 2452.
'
'
deiicit at June 30,
$512,685-
total,
North American Oil Consolidated
Gn ss
'
1942
'
59,834 /
production
and expenses.—
deprec.
Operating
.
Net
and
Net
profit
156,798
152,583
297,813
$383,315
164,147
•
$142,814 /
—
int., discount, etc..//'
Federal
tax/.
393,403
74,353
267,390
June 30, '43
477,257
■
T95.979
',126,626
291,091
40,000
1,094,627
47,430
64,245
$1,326,079
*50,986
$2,122,265
70,467
$1,772,570
i:
1,653
24,291
30, 1943—-
adjustment, in 6
—.
common
/...• '
1942
oper¬
//./ •/'//};■/./
y'y '/Underwriters
has agreed to purchase from the company are
Lee
Higginson Corp
Paine, Webber, Jackson
50,000
&
-V
Coburn
,
follows;
as
M. Kidder «fe
A.
—
15,000
$28,937
$38518
81,948
.
&
/
June
$0.10
hand
30,
''
$0.32
J 943
i'•
$9,423; total, $4,149,066.
Liabilities—Accounts
accrued
590;
Federal
taxes
payable,
$33,627;
(est.), $65,709;
$1,288,759;
surplus,
total,
payroll,
accrued
capital stock
$4,149,066.—V.
($10
156,
$4,381;
$2,756,-
par),
610.
p.
!y:
Middlebrook
to
redemption
3 Months Ended June 30—
Operating
,
/
1943
$70,048
Piper, Jaffray & Hopwood
Mitchell, Hutchins & Co.—
4,000
Van
$38,909
.17,419
Stubbs,
.
Estabrook
Perrin,
&
West
Co,10,000
& Winslow,
Inc.
Co
operating income——
Other; income—Z—-/—/
$27,945
2,500
Alstyne, Noel & Co
256
$29,069
29,650
29,675
""
50
$28,202
$29,752
25
before Federal taxes-
income
^,
payable July 1—/
U.
S.
; ./;■ ;
—_—_———————,/——.
•
Harry A. Rounds Co.—/—
Mineral rights,
/_—'——zZ——//-///-/,•/
leases and field equipment
.
with-
Cash,
'
Deferred
■
Total
•
fixtures
and
1943
income
oper.
Gross
1941
2.964.661
1,088,034
2,519,396
2,442,396
$5,661,398
U.
railway——
railway
79,4^6.273
60,007,140
43 288.041
36 285.348
29,591,727
17,167.062
11.882.409
S.
July
\
1—
62
———
19,815
29,902
contingencies-
25,000
stock
($5
1,186,000
par)—_
—V. 158,
Government
current
17,149,381
12,063,565
9,646,421
5,146,504
490,
p.
/
-
Electric
totaled
States Power Co.
output of
40,809,000
this
$1,565,557
stock
Accounts
as
(Del.)—Weekly Output-
Inc.—Common
Stock
group headed by Lee Higginson Corp. and Paine,
Webber, Jackson & Curtis on Aug. 31 offered 200,000
shares of common stock (par $1) at $7 per share.
•
Company
,
is
engaged
principally,
as
an
air
carrier
over
routes
in
193,915
154,719
*704,853
556,353
to
,-
$13,271,058
$13,095,616
343,793
—
519,381
Issuable.
3,086
—
subsidiary company...
3,095
28,072
28,072
36,456
43,243
206,970
250,195
...
taxes
current
Securities
liabilities.—_
redeemed
and
518,970
——
stock
pfd.
not
for
presented
502,622
credits
708,645
—
560,173
1,805,168
3,257,805:
195,819
———
Total
———-——.a..—
3,198,433
4,548,184
739,119
1—$20,359,494 $23,504,481
the
*Of
Estate
tTo
expenses.
Corp.
Operating
ODerating
Taxes
&
(& Subs.)—Earns.
(Minn.)
1943—6 Mos.—1942
expenses
than
y--':-"V
inc.
profits taxes)_
for
Fed.
income
&
2,721,639
.,
State
tax
1,850,400
.
2,022,600
excess'.';:///, //v;;
2,078,550
———
••'r' ■:"/
5,413,682
2,730,248
operating
income
Gross
3,675,650
>'/'/'■
1,656,000
3,833,820
1,768,750
$5,326,319 $11,024,476 $11,506,965
55,514
97,587
99,227
$5,811,087
$5,381,833 $11,122,063 $11,606,192
$5,754,105
2,120,608
—/.
$3,690,479
Deduct—sub.
divs.
2,099,629
4,287,544
4,192,083
$3,282,204
$6,834,520
$7,414,108
28,102
28,102
56,205
56,205
$3,662,376
$3,254,102
$6,778,315
3,548,440
3,182,440
2,556,684
$7,357,903
3,008,720
-
income
spls.;
—w—r—
beg. of
per.
$7,210,816
$6,436,541
$9,334,999
1943—Month—1942
$2,301,607
—
687,500
1,375,000
1,375,000
2,200,000
Cr5,732
3,200,000
Cr7,642
3,500,000
6,240,000
(net)
130,951
194,940
Earn, spls., end of per.
$4,329,048
$2,556,684
$4,329,048
:
series
divs
dividends —
items
direct
-V.
157,
p.
2453.'
—
/'
'■//
/„'///;■/"/■
'
1
r
'/
$2,556,684
/'■"'/'„' Z.! — /
'
'■
End.
July 31—
194?—Month—1942
1943—12 Mos.—1942
$415,865
$386,839
$5,318,597
$5,003,767
expenses-
224,961
224,687
2,891,471
2,747,519
41,157
20,961
459,495
351,289
taxes
taxes
——
——
retir. res. approp.
of
limited
investments
N°t
49,069
46,926
532,410
3,358,517
2,403,513
1,055,100
2,121,000
—_—/!
Fed,
taxes-
profits
exc.
income.
taxes-
25,000
25,000
300,000
300,000
18
24
$75,678
$69,265
$1,135,203
$999,876
253
88
4,558
$460,453
2.438.300
$6,872,519
$6,846,031
Interest & other deducs.
—V.
289,747
pfd.
on
288,114
3,493,912
3,437,049
$247,211
$3,378,607
$3,408,983.
155,577
$172,338
155,577
1,866,923
1,866,923
$91,635
income
Net
$16,761
$1,511,684
$1,542,060
stock-
—-2—
158, p.
677.
Oklahoma City-Ada-Atoka Ry.^—Earnings—■.
Gross
'//v'/.'./:'///'
from
Net
Net
ry.
1943
1942
$139,727
$125,032
$23,577
$25,242
75,741
8,054
7,752
32,035
1,204
1,115
854,543
679,761
161,033
166,285
465,595
/375,861
50,660
34,115
177,267
railway—
165,105
8,394
*11,122
from
railway
oper. income
From
Gross
January
from
from
Net
ry.
79,688
31,267
1—
'/;."/■/■,•
,
railway—.
railway——
.
income—
oper.
♦Deficit.—V.
158,
-
490.
p.
Oklahoma Gas &
other
income
revenues-
(net)
—
income
deductions
etc.,
income
Net
operating
$7,099,596
754,752
———
3,546,175
1,444,490
1,582,934
430,000
430,000
860.000
897,250
553,500
1,414,000
760,250
60,000
63,500
110,500
123,500
$2,007,170
$1,734,599
$4,573,060
$4,217,057
•
.
1,032
1,114
2,349
1,671
$2,008,202
—
$1,735,713
$4,575,409
$4,218,728
963,899
981,723
1,919,852
1,960,300
$1,044,303
$753,990
$2,655,557
$2,258,428
——
income
♦Amounts
for
stated
for
Federal
for
appropriation
comparative
Mos.—*1942
$15,460,466 $14,720,488
7,058,416
7,139,497
860,500
income
income
retirement
income
158,
purposes.—V,
Months
Ended
July
Operating revenues
Operation
p.
and
reserve
excess
have
profits
been
taxes
ahd
adjusted
for
396.
Fed.
1943
Other taxes
income & Fed.
——:
1942
$12,653,256 $11,145,420
4,206,168
3,750,965
__s—~
331,621
304,723
•
—————.
State
&
Co.—Earnings
31—
———'——.
Maintenance
Utility
profits taxes-
2,493,580
i———
878,970
872,068
income—;————
$4,742,917
$5,054,754
20,369
29,144
———
$4,763,287
$5,083,899
exc.
————
Other
operating
income—net
income
$75,931
36,495
$69,353
..
$39,436
for
$1,139,761
$1,002,760
36,933
429,767
1,162,910
—
reserve
income
accruals—
——
——;
—
——_—
1,753,602
1,517,259
$3,009,685
$3,566,639
428,833
Income
deductions
————————
837,607
910,713
———-
$2,172,078
$2,655,926
319,000
319,000
273,165
273,165
770,000
770,000
Net' income —
$32,420
the
Retirement
Gross
$709,994
$673,927
period
334,242
334,197
$375,752
677.
1943—1"2
771,822
'
tax—
deductions
Net
'/
inc.
taxes <
income
Gross
$5.50
convertible
Preferred
Common
p.
'/"."■. '
1943—6 Mos—*1942
taxes-
income
'/'//'"//'" /'
$7,702,839
3,590,417
taxes.^
profits
exc.
State
than
profits
exc.
1940
Electric Co.—Earnings-
Operating revenues——
Oper.
rev.
deductions&
1941
.y.
•
■
End/June 30—
Federal
..
2,884
term
———
income
158,
3.201.299
4,003,700
$536,959
——
605,059
stocks
-V.
1943—12 Mos.—1942
2,386,755
Gross
oper.
Other
Light
278,757
taxes
income
Oklahoma Natural Gas
revenues——
Prop,
&
582.
556,258
12
Operating
Other
p.
/
Co.—Earnings-
Operating
Federal.
reorganization
Power
158,
$1,999,181 $26,874,510 $24,828,788
9,197,919
703,713
7,818,639
842,767
—
$10,366,623
687,500
Mis.
for
Utilities
and
minority interest
Common
of
280,676
Taxes,
——.
deductions
$5
Light Corn,
stockholders
641,205
Fed.
Pfd.
Power
and
Co.—Earnings-
4,300,260
■//' /'■. //
56,982
income
———•
income
Income
Utilities
July 31—
revenue
Net
5,355,630
■////'''■;/"///sV".-/
*
taxes
.Prov.'-for' Federal
1943—12 Mos.—1942
$23,206,956 $21,904,513 $45,302,637 $43,456,364
10,802,261' 10,169,347
21,355,009 "20,524,759
revenues
(other
exc.
of
creditors
in accordance with plan of reorganization.—V.
Federal
158, p. 895.
Offered—
A
par)
shares
payable
Accrued
ended Aug. 29, 1943,
35,405,000 kwh. for the
compared' with
Northern States Power Co.
Gross
Airlines,
"\V;//'■
■
($4
payable
July— '■
Inter.,
Northeast
300
—
.—
agreement-———.
for the week
company
kwh.,
corresponding, week last year, an increase of 25.3%.—V.
Net
293.
1,551)
56,365
——$20,359,494 $23,504,481
'
Liabilities—
Divsv
•
174.488
—$1,562,254
—:
p.
132,899
•_/
;
escrow
Total
Other
.499
13,086
54,594
—
securities—125,000
assets—
Deferred charges
Assets subject to
Balance
Amort.,
1,187,000
133,258
162,812
surplus —-—."
surplus
158,
$29,675
11,531
for
Total
$29,650
—.
receivable.^*—4———
: 7.187,719
income...
oper.
$1,565,557
309
Reserved
—V.
$1,562(254
153,796
860,554
499
;
...—......
Accrued interest
Gross
.
credits
Earned
———
vV.
744,462
,
Northwestern Electric
.
Deferred
Capital
2,471
—':/—-'
:
General
1940
$8,060,383
181,431
5,410
taxes
Common
1,156,816
trustee..—--^—
Z—i—789,958
.
1942
2,800,112
_
:
from
Period
/
payable
payable
Accounts
1,114,177
——
——---—_/——
Dividend
78
2,328
——i——'r——-_a./-__—123,686
assets
Liabilities—
Federal
(net)-
66
;
'
the
1942
$17,973,637 $21,200,624
503,651
520,013
—
1,000
Ry.—-Earnings—..
Total
1942
$224,761
30
Operating expenses
Depreciation & amort—
$12,704,194 $10,517,680
railway———
5,081,154
3,821.508
from
ry,
Net
(less
reserves)
Furniture
"v
June
l
Special cash deposits
Accounts receivable
Income
1943
'
.
Sheet,
advances—..—
—,
Ohio Edison
railway
From January 1—-
Earn,
$246,840
75,156
bonds
Accounts: .receivable
••
'
..
and
—,
Period End.
/
from
Net
29,875
Comparative Balance Sheet, June 30
Assets—
'Cash
redemption "including accrued
on
June 29,
1940, for
called
.
Gross
$29,777
.
securities
Special funds
Other
Net
Dividend
/
232,044
.
1943«
Investment
10,000
...
31,737
$29,018
1940.
29,
for
shares
on
Balance
♦Cash
$367,246
—■
7,500
5,000
5,000
'
ess.;;;
—v, 158, p.
Balance
Net
1940,
/
——.
.—
2,500
&
&
Wyeth & Co.——..L/,
1941
18,505
21,503
29,
July
Earned surplus
The Milwaukee Co
Weeks
Inc.
Other
1942
$59,026
20,098
22,004
: ;
income
Operating expenses
//,—'
Deplet. ,& properties charged off—/
July
on
$79,861
pfd.
Assets—
Period
Inc.—Earnings—
5%
10,000
i.
12,500
Co
Whiting,
,
Net
North Central Texas Oil Co.,
$112,277
6,000
Capital surplus
15,000
&
profits
•
$301,243
——
on
*A11 of which stock has been called
dividends
Deferred
Courts
Prov.
'.///V/. \
12,500
■
Reserves
Joseph thai
■
Period End. June 30—
(incl.
$575,986 in time deposits),
$1,005,116; U. S. Government bonds, $i5,000; accounts receivable, $66,555; properties (less reserves for depletion of $6,690,107), $2,938,580;.
.plant and equipment (net after depreciation), $54,392; deferred ex-;
penses,
paid
•:
,
'
on
income
10,000
Co.—^
82,698
$0.39
18,000
stock
each
Curtis;
40,000
Graham, Parsons & Co.— 15,000
from
$103,518
1,427
117,603
redemption
shares which
6,210
81,498
share..
Assets—Cash in banks and
Net
♦Divs.
Debentures
The name of each underwriter and the number of
ry,
7,000
Invest.
for Fed. inc. taxes
Iaian
of $40,486 from
revenues
$25,945
Air Force contracts, less $16,194 provision for Fed¬
eral income taxes applicable thereo.
/ ■//v
//■•■/:/:• yv./:■*
Net
$35,937
of
1,289
for amort, of pre¬
on
investments
/Balance of
/'
mos.
——
ations under Army
Net
$97,303
/
—109,169
z
:
sale
on
Other
931,112
32,186
$657,508
tRepresenting additional
153,402
9,027
I.
$149,169
profit to surplus
paid
per
Dec. 31, '42
309,875
,356,589
income plus foregoing delayed
132,604
|
$26,910
6,355
tax-
inc.
income
Dividends
Earnings
1942
401,888
*50,211
ended June
301
1,371
—
same
adjustment
Net
61,999
f
$488,871
''
.
abandon.../ ;
profit before Fed.
Net
34,512
the
231,210
revenues.
Northern
Estimated
1941
13,821
income
Gross
$i^-.
65,532
$452,195
Sale of scrap,
87,292
for
Army
'
oper.
July—
:/ 1941
"
$5.s4.ao?
$512,^29
paid
Depletion,
221 ,383
mium
97,609
73,712
company
contracts-
Northern Pacific
-Earnings-
1943
income
cost of
118 ,796
34,892
sub¬
53.23
/
,
C Mos. End. June 30—
Royalties
13,465
35.94
178,268
,
299,200
—
(Delayed
■•';
payable,
$2,415;
dividends
payable, $17,969;
taxes, $39,880;. accrued bond interest, $4,883; North American
Investment Corp. collateral trust 4% bonds,; $1,465,000; common stock
(par $100), $4,240,100;
6% preferred cumulative stock
(par $100),
5 V2 %
the
(270,133
v
under
Force
Other
Liabilities—Accounts
accrued
$1,798,700;
of
—/-U—
/v
1943
June 30,
capital
equipment,
34.41
165,188
:
46,684
carr.
revenues
26,446
43,128
115,748
21,531
Assets—Cash on hand and demand deposits, $344,314; cash on de¬
posit with trustee of collateral trust 4% bonds, $333,130; interest re¬
ceivable, $4,958; accounts receivable, $1,948; investments in marketable
$3,539,504;
$709 ,151
234,841
loan-
of
Prov.
79.43
:
1,500
._
stocky—
Consolidated
,
on
-
$31,058
38,000
taxes—
profit for the period
pfd. stock
Dividends
.
liquid,
297,347
3,328,494
—-/_u—__
♦Loss.
.
bank
Common
income before. Federal taxes—--———
Net
Prov,
30,960
June 30, '43
791,021
76.74
44.34
Passenger
Total
Net gain from security transactions
.
29,423
30,960
/
expenses
realized from security
gain
transactions
;
on
6 Mos. End.
Dec. 31, '42
period are
following table: / ;
?
:
'
;
'
•
v
:
/• •
/.•■•/'
Yrs. End. June 30 12 Mos. End. 6 MoS. End.
the
in
12 Mos. End.
1942
1,150,402
5,383,171
Training school
26,1C2
Profit
$356,966
184,649
.
2,847
-649
$81,360
,
$310,715
109,045
-
81.21
5,694
/,
fees^„^rr^—_
express
$76,892
3,687
Management fees/„i_„„
of
the
in
7,260,360
Passenger load factor
operating
shown
4,908,354
a 31,947
carried—
Pounds
is
//■
.
,
85.24
miles——v.
pass,
The
$73,012
■i
•
1,085,907
Rev,
Earnings; '6 Months Ended June 30
—"
Army Air Force
Yrs. End. June 30
miles
Pet. of sched.
Subs.)—Earns.
(&
the
/.\ /■
1941
of $28.50 per
dividend was de-
'///;
.,
and its
/ .'•/
Revenue
price
proposed
——
Interest &
11,543
taxes).
Interest
Prov.
school
following table:
'
service
24.433
4
debentures.
Loss
/
Pacific
1943
Other
(incl.
on
ing
&
paid
894.
p.
Consolidated
Dividends
11,962
38
-
Interest
sidiary company
Operating Results
Pounds of mail carried.
^
*
Expenses
growth of the company's business for the last five fiscal years
ended June 30, 1942, and for the 12 months ended Dec.
31, 1942,, and
the six months ended June 30, 1943, exclusive of operation of its train¬
a
Pacific
of
at the rate of 29 cents for
share of such stock of Pacific Gas and Electric Co.,
North 'American
f
450
3,272
228
Loss
The
company's
the
the
Pacific
outstanding
Co.r cash
being based
as
in
of
stock
certificates
Electric
l/100th of
this
approved
stock
(par $25), owned by The North American Co.,
share
one
.100
26
its .common
Electric Co.
r
Aug.
on
on
333
470
-
,
;
;
1940
$672,725
investm'ts'
income
Total
acquisition of flight and other equipment for oper¬
or
hereafter applied for except $100,000
for
of supplies and other inventory items.
"now
.
158,
,1941
$344,668
ma¬
Statutory subs, company
the
for
routes
1942
$307,405
$545,891
cos.,
Other
over
1S43
$545,193
sub,
owned
Miscellaneous
the balance
.
490.
p.
Ogden Corp.—Earnings—
with the program which the company now has in
contemplation,
is anticipated that $400,000 will be used for the
acquisition of addi¬
tional flight and other equipment for operation over present routes and
ation
Net
158,
6 Mos. End. June 30—
Income,
line
2,624
$1,727,277 $13,713,890 $12,018,250
176,313
1,233,092
1,234,858
$2,053,109
funded debt—
on
6,981
1940
of
it
Other inc.
1941
S,
' •
.,
from
"Deficit.—V.
Ur4y,087
$1,720,296 $13,399,899 $12,015,626
$306,652
43,239
Net
and
-
$315,629
113,129
Net
the
annum
$1,500,000
$440,953
201,937
railwayfrom railway
extent
is payable on the unused, balance of a maximum
interest at the rate of 3 V2 % per annum on
loans made thereunder.
credit
ry.
Gross
*$900,000
500,000 shs. 300,000 shs.
Bank,
1942
$568,708
From January 1—
—
V-Loan, pursuant to
National
entered
Outstdg.
from
>
par)_
so-called
a
1943
railway—
railway-./
from
Net
Purpose
-
incorporated
was
principal payable Nov.
—
First
the
by
1%
of
($1
of
and
Government,
f%
575,728
jDrlO,64U
stock
90%.
3V2%
•—
"Consists
29,647,678
_
1943
company
$1,415,909 / $1,197,374
Ry. operating income
Equipment rents (net)
It
Authorized
1,098,091
3,979,247
4,523,624
.,
Canada.
Capitalization at July 1, 1943
$5,176,621 $38,238,123 $33,738,972
$5,939,533
revenues
accruals.
southeastern
Gross
16,234,141
182 ,381
expenses
tax
in
8,011,641
Transporta. rail lineMiscellaneous
opers
Net ry.
and
July 20, 1931, as the Boston-Maine Airways, Inc.,
being changed to Northeast Airlines, Inc., on Nov. 19, 1940.
name
1,281 980
————
General
Mos.—1942
struct.
way &
of
Traffic
1943—12
$13,071, 226 $11,819,534 $87,156,230 $77,394,589
revenues
of
England
Massachusetts
1943- -Month—1942
989
$239,730
—V.
158,
prior
dividends
preferred
———
stock dividends—
p.
895.
dividends—_
—
—
'''■ '
■,'
All of the
standing common stock.
Bradford thereupon ceased to exist.
On Aug. 30, 1943, the company acquired the properties and fran¬
chises of Erie
County Electric Co.
The acquisition was effected in
Called—
Ottawa Light Heat & Power Co., Ltd.—Bonds
-
serial refunding mortgage and collateral
outstanding 3 V2 %
inclusive, have been called for
redemption as of Oct. 1, 1943i at 101 and interest.
Payment will be
made at any of the principal offices of Bank of Montreal in the cities
of
Ottawa, Montreal, Toronto, Quebec, St. John,. Halifax,. Winnipeg
or Vancouver,
Canada.—V. 155,p, 738,
'
trust .bonds,
due
Oct.
1,
1944
1948,
to
the
(1)
VV',''V
Earnings—
*Net
profit
•''"
$0.40
$0.35
Federal income taxes.
fLoss.
'
•• '.
;';\y
tAfter
charges and a provision of $1,752,003 for Federal income
taxes, after deducting a post-war refund of $133,963 applicable to the
excess profits tax.
No reserve has been provided for possible reduction
in profits on U. S. Government contracts subject to renegotiation as
the company does not believe that earnings will be greatly affected
.by any adjustments that might result from renegotiation.
V •
§ After charges and after adjustment of accrual of Federal income
..taxes- pertaining to the first quarter of that year and accruing taxes
j.on
the second quarter earnings in accordance with the bill passed by
Earnings per com. share
*
!\
V
'
.
■
,
depreciation, depletion and provision for
After
,
will
'
Pennsylvania-Central Airlines Corp.
drome Route to Europe—
corporation
The
to
Civil
Route
Great
Britain.
775.
p.
all
cash
for
and
equal
amount
to
.
difference
the
the
exist,
to
Tor
3'/8S.
bids
Other
"0 on their bid of 105.577
Mellon Securities Corp., 104.457 for 3%s;
were:
and
105.56 for 3 Vis.
dated
Sept.
1,
1943
associates,
Erie
''
,
in
are
at
and
1972
Preferred
,:
H.
B
series
4.40%
stock,
preferred
Byllesby
issue
The
Hutzler
103
Securities
4.50%
for
4.50%
for
'
.
y;/...'/-'■■•... .y.:y.r
y""'.Vy\,:y
V.
-
Barney & Co. and
preferred stock
4.40"#, Salomon Bros, &
Loeb & Co.-Drexel & Co. group
for
Kuhn,
and
(f^
l\.
redeemable in whole or in
.'part at the option of the company at any time on 30 days' published
notice at $110.25 per share if redeemed prior
to Sept.' 1, 1948 and
series
-The
B
$108.25
.
of
Summary,
■
(Pro-forma
earnings
v
.
.
June 30, '43
and
bonds,
Salomon
actual
earnings of
' y'
V v '
Net
ry,
Milwaukee
The
Weeden
&
Incorporated
Oper.
& taxes
expenses
13,883,754
14,276,850
$16,822,039 $15,796,307
11,936,010 10,628,580
Copley
writers
Operating income
Other
$4,547,988
$4,800,349
.
V—
income
$4,886,029
$5,167,727
220,468
176,256
Total
1,277,182
dividends
Preferred
—
1,326,841
$3,441,615
$3,887,848
$3,696,847
(.
327,400
327,400
After
j.
inc.
240,000
July—'-
Net
.
$3,369,447
adopted
The
3.93
3.71
3.94
V;*;
■
the
3.14
.
1927.
";;
•;
Properties
1943,
and
^
2.88
.
-(!
following
(1)
-v
Franchises
the property
Braodford
Electric
'!
2.99
:
'
:
Net
•'.
Acquired
of
affiliated
in
August
Keystone
companies,
1943—On
Public
were
Aug.
Service
Net
stock
at
dissolution of Keystone.
Company sold on Aug. 27,
due
1981
and
(4)
all
of
Net
204,22.0
178,405
106,013
209,633
>
150.948 :
157,891
141,268
119,828
4,722,178
1,781,793
3.549.302
1,194,207
923,337
2,943.674
—.
492.
p.
$327,688
r
•
62,108
38,045
I—
1,101,383
oper.
158,
'1940
1941
,
2,373,562
1,051,763
863,665
623,009
493,013
(
.
.
Co.—1,500
Whelan
&
Co.——
Bogan
Co
Prosperity Co., Inc.—To Make Stock Distributions—
The
directors
B
declared
have
stock
common
class
B
for
December,
stock
a
each
dividend
The
held.
$1.50
when
1937,
_
shares
100
stock
common
of
three
shares
of
of class A or each 100
last payment on these
per
,
-
par
($20
per
issued
in
operating
Ry.
Maintenance
■
way
share was payable
2353:
in
,*
and
B.
.,
86,703,967
of
period End. June 30—
.
'
948,843
•
operations-
27,722,129
1,219,741
expenses—___
Miscell.
8,755,199
:———
taxes
Unempl.
ins.
.;••••
Railroad
Joint
Net
were
33,994,715
21,246,000
9,485,156
taxes——
965,785
1,046,535
868,779
retir.
taxes-
rents,
69,693
202,906
ry.
income.
oper.
at
private sale
consideration
therefor
its
10,079,501
15,515,154
60,868,513
1,209,330
Earnings of Company Only
July—
1943
38,562
shares
from
Gross
Net
1942
%
ry.
86,514,903
75,013,014
55,300,126
33,952,970
28,132,498
16,226,953
15,515,056
9,772,263
(par
$20 per
Angeles
mills
months,
condenser
therefor
$856,000
of
NY
acquired from Associated Electric Co.
Thereafter the, company
acquired the assets, subject to the liabilities, of Bradford, trans¬
ferring to Bradford in consideration therefor all of Bradford's out-
to
it
of
announcement
The
was
No
"E" for production has
the Phelps Dodge Copper
Los
on
Aug.
31
by
Wylie
Angeles plant has been in
is
producing
seamless
and
tubes
for
use
by
the
Navy
been
Products
Brown,
operation
brass
and
according
only
a
little
conoer
Maritime
has
been
set for
the
ceremonies.—V.
158, p.
the
over
tubes
ten
and
Commission
678.
J
New
business
on
the
all
unpaid
effective
June
and
.of
a
of
date
the
accumulated
share
of
plan
shall
dividends
said
stock
receive,
a
.
cash
1
full
said stock,
on
plus
share, of prior preference stock held.
in
an
dividend
By court order
1943, the effective date of the plan has been fixed
10,
Sept. 13, 1943, unless a timely appeal from such order is taken.
Accordingly, subject to the plan of recapitalization becoming effec¬
tive and subject to the close, of business on Sept. 13„ 1943 being established as the record date of holders of the $5 dividend prior preference
as
stock
of
Puget Sound Power & Light Co. entitled to receive the above
to distributions,
the Committee
on
Security Rulings rules
tions
and
stock
not
be
further
until
until
further
quoted
notice, and
notice
carry
"ex" either the stock or cash
that all deliveries after Sent.
due
bills
for both
the
stock
distribu¬
11,
1943
and
cash
distributions.
President.
and
the
Corp.,
Los
45,383
of
that-said
to'the
stated.
date
of
plan
referred
awarded
566,069
124,656
following
of $2.50 for each
-
Army-Navy
..
590,194
6,772
:>/■!;'•
issued on
Phelps Dodge Corp.—"E" for Subsidiary—
"
95,843
5,022
additional 'one-fourth
—
share).
7-
100,097
debt
payment of
railway- 554,836,118 454,634,875 333,437,741 261,740,768
176,099,779 141,972,110
92,911,524' 73,936,711
Net ry. oper. income—.
60.911,031
63,378,160
52,451,573
40,520,737
—V. 158, p. 896.
The
1,463,524
ruling has been issued by the Committee on Security
York Curb Exchange.
recapitalization dated May 14, 1942, as amended to
April 22, 1943, provides; among other things, that holders of the
company's $5 dividend prior preference stock of record at the close
6,571,361
railway—
discount'
680.
The
from
from
1,767,533
168,111,519 118,134,916
11,346,523
85,940,742
67,076.868 j
775,484
5,932,206 >, 4,572,543
transport.: rev._ if, 13,834,930
9,048,241, 75,523,721
45,874,053
to rail and other carriers,
express privileges,—'V, • 158,
*Rail
The
From January 1—
Net
15,250,114
—1,034,452
on'v,1'';-. "v; '■■■.■
expenses——
deductions
,
Rulings
40,968,804
12,009,590
10,053,868
income
'
Gross
21,272,863
Puget Sound Power & Light Co.—Curb Ruling—
1940
1941
railway
oper.
253,233
30,224,615
'■'Payments
p.
W
:.
V
railway—
from
Net
,315,944
income
taxes
&
funded
Other
63,173,740
4,777,982
1,437,839
Dr
Express
58,467,222
5,720,561
5,715,071
7,163,380
1,616,895
95,434,000
6,538,941
7,084,431
868,731
587,201
bal.::
facil. rents, Br bal.
Equip.
28,150,056 176,141,706 141,856,863
op.
ry.
income
&
revs.
Inter.
7,054,060
9,143,765
1,048,055
—i_!.:
from
rev.
1943—6 Mos.—1942
21,019,630 166,343,986 116,671,392
29,908,671
transport.
'
and
revs,
Operating
of
1943
for
Total
93,800,995
86,714,087
5,744,242
6,613,562
840,152
23,929,169 202,836,849 159,254,567
5,743,861*
8,449,530
967,443
20,
Net
Other
49,098,166
58,876,329
11,475,256
1,224,271
Railway
1943—Month—1942
;
1943—7 Mos.—1942
75,165,330 555,862,736 455,465,846
8,867,450
12,726,818
equipment—,.
:
Transportation
(& Subs.)—Earnings-
Railway Express Agency, Inc.
& E. RR.)
"
p.
&
structure
Traffic
the
:
RR.
1943—Month—1942
revenues
of
and
•
L
Charges
in
which
share)
(Excludes L.
:
157,
preferred stock of $100 par value.—V.
.5%
<
Period Ended July 31—
acquired from NY PA NJ Utilities Co., an affiliate,
outstanding common stock cf Bradford Electric Co., deliv¬
payment
293.938
239,678
was-in
1981
in
ry.
7,584
692,373
income::!.
shares
Company
the
;>
26,037
842,573
Virginia, Ry.—Earnings—
West
railway—
railway.
income—
from
Net
—V.
79,323
,
if.
'
873,247
,-167,468
62,561
176,818
.
from
Gross
1,500
1,500
11,277
850,109
1940
.
$89,385
48,319 ;'::V 19,052
$147,901
*2,381
*18,485
491.
p.
&
January
■
1,500
158, p. 895.
PA NJ Utilities Co. 5%
debentures due
1952 included in the assets acquired from Keystone
and $875,500 of NY PA NJ Utilities Co. 5% debentures due 1952 and
$28,500 of Mohawk Valley Co. 6%
consolidated refunding bonds due
ering
fJi
stock
158,
y 1941
1942
$100,833
25,285
$455,522 %
oper.
From
.
common
ry.'
under¬
*
*
$130,505
•.
'
of
Co.
acquired
2V2% note
in the principal amount of $500,000 maturing serially to Aug. 27, 1948.
The proceeds derived from the sale of said note are to be used by the
company
together with other funds to discharge the liability with
respect to the preferred stock of Keystone outstanding.
(3) Company acquired from Associated Electric Co., the parent of
the company, $875,500 of NY PA NJ Utilities Co. 5%
debentures due
1952 and
$28,500 of Mohawk Valley Co. 6%
consolidated refunding
its
yyy
,,
,
1942
shares
acquired by Associated Electric Co., the parent of the company, in
exchange for 115,000 shares of Keystone common stock immediately
bonds
>
$590,938
1,000
prior to
of
■
per share has been declared on the common
1943
Sheridan,
General
acquired all the assets, subject to the liabilities, of
including the liability incurred with respect to the redemp¬
tion of
10,367 shares of preferred stock of Keystone, at. $52.50 per
share and accrued dividends/issuing in consideration therefor 20,898
(2)
.2,662,826
$705,113
1,750
Maint.
V*
7
.•
■ ■■■.
common
2,520,101
4,135,870
railway———
from
Pennsylvania RR,—Earnings of Regional System—
purchase, trans¬
Company
its
(4,562,828
v-Uyvi
class
—V.
;. ■("
manner:
of
5,643,152
3,505,859
railway.—
from
1,000
3.00
Keystone,
shares
6,160,013
1—
Pittsburgh
1,000
The present name
companies.
■,
and franchises
Co.,,
639,676
12,792,797
3,893,558
cents
July—
Gross
1,000
-
operating utility
,
626,469
16,376,232
income-.-
oper.
Deficit.—V.
Co.—:
4.16
■
distribution and sale of electricity.
It has a minor business
manufacture, distribution and sale of gas, and of steam for
heating,.
ry.
*
Masten &
'
company's principal business is the production,
mission,
in
in
from
Net
Richards & Company
(
525,973
«
railway—.u.
railway—_—
Biddle,
&
.
712,058
payable Oct. 1 to holders of record Sept. 10.
Similar
made on April 1 and July 1, last.
Payments in
and Oct. 1, 75 cents, each; and
January
Kay,
Co.
1940
$2,229,935
964,781
19,326,734
from
A.
&
1;
$5.12
Organization and Business—Company was incorporated in Penn¬
in 1919 under the name of Penn Public Service Corp. as a
was
From
3,000
Bioren
$3,560,448
$5.23
taxes—
three
ry.
-
4,000
E.
-
1941 1
$2,828,327
1,003.260
1943
2,000
2,000
Co
$3,121,955
railway—..
Inc.
&
/
>
1
;
railway—oper. income---
Inc.
Dulles
Ordo-
563,225
from
Co.,
Co
&
Texas
the
1942
$3,057,650
:
from
Net
Byllesby & Co.,
Boenning
$5,59
taxes
of
22,
Clark
Republic
205,000
new
were
M.
Wurts,
sylvania
consolidation
&
the
from
Pittsburg Shawmut & Northern RR.—-Earnings—y
Gross
160,000
several
Janney & Co.—
Schmidt, Poole &
Tarnall
Oklahoma-.
of
20,566,993
:
_
75
as
W.
deduct.' and
income
Co
&
prospects
follows: April 1, July
$1.25.—V. 158, p. 896.
(.
were
H;
327,400
327,400
$3,114,215
pfd. divs. earned aft.
Fed.
;
Fed.
total
Trask
8,250
4,000
Co
of
par $25,
E.
$5.97
Times
dividend
Dec.
y
of
preferred stock, and the number of shares underwritten
follows:
&
and
blocks
240,000 acres in West
993,382
896.
distributions
as
are
Barney
Central
1,451,501
$3,440^116
Balance
each,
Spencer
$5,339,349
$5,062,285
1,365,438
$4,768,456
$5,044,698
deductions
by
Smith,
$3,767,516
income
Gross
the
of
171,622
;
.244,349
of the
names
over
income
oper.
158, p.
'1942
280,000
.
,
Stock—The
blocks of
17
Texas,
drilling
26
Pittsburgh Plate Glass Co.—75-Cent Distribution—
are, as
;
of Preferred
Central
natural resources of this company
Sales from these reserves have been *
1942 levels."—V. 158, p. 678.
income—
oper.
from 1 rail way
stock,
;
^
West
in
/
railway-^iy
ry.
1,080,000
——
Companyii_^—
&
Underwriters
in West
Additions to
one
areas
substantially were located in
reserves
producing
railway-.
Net
'■
revenues—U. $19,077,199 $18,431,742
Operating
important
-
.
Net
—V.
follows:
each,
Incorporated
Co.,
several
>
•-M—
Company__»_^__.,_-.„_-
favorabe
Gross
;
$1,160,000
,y._,—1,080,000
Hutzler
&
Company,
and
From January 1—■
from railway
;C
its supple¬
underwriters
the; several
underwritten, by
amount
total
y
fields.
Kansas,
Illinois.
in
two
recently
'y:l.y^yy!.v:i:';1943:
,
of
names
principal
in
areas
and
North
Texas,
acquired
Kansas
are
from
Gross
Co.
&
&
Stroud
1940
1941
1942
its
from
.1,500,000 shs. t26,280,900
company.
Bonds—The
the
Bros.
Wertheim
the
—Years Ended Dec. 31
Year Ended
,•
'
the
these
of
company's
'
■
these
in
reserves
four
included
important part of
natural gas reserves.
Net
of
Underwriters
the
Earnings
the
represent
of
in
company's
West
also
formation.
follows:
Pro-Forma
not
do
funds
the
Pittsburgh & Lake Erie RR.—Earnings—
5% series due 1978, oi
stone Public Service
Co."including estimated interest'"' y;:yv>
from date of receipt of proceeds to redemption date—
$4,175,000
(2) To redemption on or about Sept. 3, 1943 of all of the!..'":;y.>,
then outstanding 5%
non-voting preferred stock ($100
par) of Erie County Electric
3,500,000.
The balance of the net proceeds, aggregating $99,140, will be added
general
results
The
increased
\
company
Coast,
fields
the
in
in Western
Net
of the merged companies as
before.
ever
have
yy';:y"yy; yy
indicated
Gulf
substantially increased
not contain
preferred stock
Reserves
on
and
year,
"Another
first mortgage gold bonds(
the
the
last
of
Panhandle, New Mexico, the Gulf Coast, Mississippi,
Kansas, Oklahoma,
and Illinois.
Wells drilled by others
July—
the indenture- and
that
this
discovered
the
proved
fields
Gross
The redemption on Oct. 1, 1943 of all of the outstanding
to
divi¬
together with unpaid
periods in question.)
for the
company
be
will
redeemed thereafter,
yy%yy:
ppr share if
in each case.
dends
stock
preferred
for
increase
an
period
Underground
.—
than
areas
successful
were
increased
500,000
250,000 shs.
—
-
indicates
exploratory
on
there
A
Smith,
to
30
102.513
Corp.
($20 par).
"unlimited"
wells
where
proceeds, exclusive bf accrued interest and dividends,
from the sale of the bonds and preferred stock, amounting to $7,774,140 after deduction of estimated expenses, are to be applied to redeem
Other bids for the
103.516.
of
their bid
104.077
August
awarded
was
on
Mellon
were
■'yuy:-y'?y
kwh.,
corresponding
-y;'::
■;
Co.
company
acres
3,500,000
priced at
Co., Schmidt, Poole & Co. The stock was
$105,25 per share.^!:-y
The
500,000
35,000 shs.
and
subsidiaries
120,757,000
the
over
896.
the ..company's
in
several
semi-%■':;\..yy.';.;y;-.'j1
34,000 shs.
indebtedness
to
the Texas
which
"74,000
($100 par)—.yy
word
Western
,
Output—
its
and
company
of
pools
Texas,
Purpose—Net
Bioren
Co.,
&
associates
by
&
& Co.,
W. Clark
Boenning &
Inc.,
Co.,
&
Inc., E.
Co.,
Republic
Central
M.
$50,000
,
($100
do
Co.—Weekly
this
14.3%,
or
reserves:
tnree
reserves
provisions limiting the amount of bonds issuable
but provide for the issuance of additional bonds upon compliance with
the provisions of the indenture.
tBased on donation to the company
by Associated Electric Co. of $3,054,880 par value of common stock
of the company, which amount has been calculated as
of June 30,
1943
and is subject to
adjustment as a result of changes in the
accounts to. Aug. 31, 1943.
•
($100 par) was made Sept. 1 by a group headed
•Smith, Barney & Co., and including Spencer Trask
Co.,
(payable
to
"New
Texas,
"
'
series
"The
for
unproved
more
added
are
"
74,000
series A
ments
y
y
"During the first seven months of 1943, the
discovered
ten new. oil pools in addition to new producing formations in existing
pools. Wells drilled, by others on the outskirts of established fields also
3,400,000
Common; stock
*1,302,078
Sells
(Inc.)
;y
Petroleum
underground
946,000
$946,000
'
.
B
158, p.
vician
4.40%
due
are
kwh.,
drilling
in
and
,
5.10%
and
Co.
1943,-amounted
28,
activities have been
$32,500,000
4,000,000
y".
annually, final payment due Aug. 27, *48)
preferred stock—
'
I—
Offered—Public offering of 35,000
Stock
cumulative
of
shares
note
serial
*148,274
.
its undeveloped oil properties
is at the highest level in the history of this company, according to
-an
announcement by Frank Phillips, Chairman of the Board,
which
further states:
v '
vyy-.
v 'y
"The company is
drilling to, extend the limits of existing pools, its
exploratory crews are testing many areas where geological data indi¬
cate the possibility of crude oil, and wells are being drilled deepei*
'
u '
The
y
$100
y
Co. (assumed)—
'
gold bonds due Jan.
Cumulative
thereafter..;
par
mtge.
fJ816,316
Increased-
Outstanding
"Unlimited
*Unlimfted
1, 1959
(non-callable)
6% funding mtge. gold 'bonds due Jan. 1,
1980 (non-callable)
—1.
2 % %
Sept. 1, 1973.
Redeemable at option of the company on any date prior to maturity,
as
a
whole or in part, on 30 days' notice.:
If redeemed during the
12 months period ending Aug. 31, 1944 to 1949 inclusive the redemption
price will be 109%; and thereafter on a graduated scale to lOOYs
bonds
The
series due 1972_y
3%%
Electric
consol.
330,227
549,443
Stock—
Electric
output
Phillips
in the
:y
Authorized
bonds, 3Va%.- series due 1973
County
6%
3V*&1 R. W. Pressprich & Co.
Kuhn; Loeb & Co., Drexel &
Halsey, Stuart & Co., Inc., 106.05 for
and associates,
105.6759 for 3 Vis, and
Co.
First mtge. bonds,
First mtge.
Power
&
Co.
Aug.
15,069,000
Arkansas,
Financing
■
Co., Inc., and Cooley
The Issue was awarded to the bankers Aug.
After
Capitalization
-
electric
ended
'year.—V.
*
^
Co., Stroud & Co., Inc., Weeden &
>& Co.
Price 106% and int.
;
of
.
ceased
761,909
583,
p.
Philadelphia
The
Shore, preferred
redemption of the Eastern
Electric
Pennsylvania
-^51,318
3,245,516
•,
4,924,228
Aug. 30, 1943, .sold all of the issued and outstanding
(2,500 shares) of Western: States Utilities Co. .; to Gerald
Schlessman, 740 17th St., Denver, Colo.
See also V; 158, p. 896,
week
stock;
(5) Erie County called for redemption its then outstanding 35,000
shares of 5%
non-voting cumulative preferred stock.
,
'
;
(6) Company acquired the assets, subject to the liabilities (including
the liability of $3,500,000 and accrued dividends arising from the call
for redemption of the preferred stock), of Erie County,
transferring
to Erie
County in consideration therefor all of Erie County's then
outstanding 4,375 ; shares of, common stock.
Erie .County thereupon i,
of
event
Co.—Bonds
Offered—Public
offering of $4,000,000 1st mortgage bonds, 3%'%' series
due 1973, was made Sept. 1 by a group headed by
Salomon Bros. & Hutzler and including Wertheim
&
'
between
represents the aggrygate premiums payable
of $215,563
■.
,,.
subsidiaries
its
additional
an
116,177
3,977,330
198,436
•'
,
Company on
1943, applicable to the common stock of Erie
1,
•
■'
capital stock
L,
undistributed
the
945,681
':
.
Deficit.—V.,.158,
State Utilities
applicable to the common stock of
and undistributed net earnings,
1943,
1,
between
difference
the
207,618
income—
oper.
Peoples Light
Shore
Improvement. Co.;. In
Gas
since Jan.
Shore;
Jan.
amount
;
,y.
Virginia Public Service Co.t
of the outstanding 182,000
Public Service Co.,
an
and
Eastern
and the amount paid to said holders of the Eastern Shore
stock upon retirement thereof, but in no event shall such
additional amount to be paid exceed in the aggregate $215,563.
Said
proposed "American Air Bases" or Seadromes, it is announced,
will be
sponsored and constructed by Sun Shipbuilding & Dry Dock
Co. and other great American industries.
They will be floating steel
islands, spaced at 800-mile intervals,, and will stand 70 feet above
the waves.
Their draft of 160 feet will keep them as steady as the;
mainland itself, the announcement' said.
The short 800-mile "hops"
between Seadromes will mean vastly increased weight-carrying capacity
and will provide for the first time transoceanic travel at a moderate
158,
*
share
per
These
cost.—v.
Corp.
delivered
of
$769,981
373,469
1942
railway,.7,064,247
Net from railway-,,2,003,938
Net ry. oper. income:,-.
598,793
preferred
'"■ '
'•■■■
.
United
in
earnings,
demand
Sea¬
with
connecting
drome
...
Projects Sea¬
—
stock
1940
$976,748
475,585
from
Gross
County.
Company is advised that subsequent to the acquisition by United
Gas Improvement Co. of the common stock of Eastern Shore, United
Gas
Improvement Co. proposes to cause the retirement of all the
presently outstanding preferred stock of Eastern Shore.
If < any. or
all the holders of such preferred stock are paid amounts in
excess
of $100
per share
(exclusive of accrued dividends) then, in that
event, the company will pay The United Gas Improvement Co. on
^
May, 1943, filed an application with the
operate post-war service on the proposed
East Coast cities in the United States
in
Board
Aeronautics
.
made
Eastern
since
1942.—V. 158, p. 895.
the House on July 20,
Electric
&
company,
The
to
be
net
,
r
the
common
ry.
1941
$1,161,690
1,226,785
railway
railway----,--*
From January 1—
;.
-'.v>':,
'
from
Net
171,075
Co.
consideration for
such delivery by General Gas and Virginia, the. company paid $566,667
jto'General Gas and $283,333 to Virginia.
Adjustment will be made
in cash
for the
undistributed net earnings,
since Jan. 1, 1943, of
Eastern Shore and its subsidiaries applicable to the common stock.
v
(4) Company paid to The United Gas Improvement Co. $2,571,500
and received in consideration therefor, and for the delivery by Gen¬
eral Gas and Virginia of the common stock of Eastern Shore,
the
4,375 shares of Erie County's reclassified common stock.
Adjustment
affiliate,
Nil
$0.07
$5)
(par
■
Electric
Associated
for $3,421,500 cash.
y
Gas
of
of
shares
$1,652,006
$1,899,555
t§$520,006
$$319,864
:
•
General
(3)
affiliates
1940
1941
to
($20 par)
1943 |
$1,974,470
■
from
Net
County reclassified its
stock..":
mon
'•
1942
1943
Ended June 30—
3 Mos
sold
and
stock
July—,
Gross
presently outstanding 39,375 shares
of $100 par common stock into 35,000 shares of $100 par 5%
non¬
voting cumulative preferred stock and 4,375 shares of $100-par com¬
(& Subs.)—
Pan American Petroleum & Transport Co.
issued
Company
Erie
(2)
)
.
Pennsylvania-Reading: Seashore Lines—EarningsV.
.
following manner:
shares of its common
.
'/ :VtV,;' 'V
t
Monday, September 6,, 1943
THE COMMERCIAL & FINANCIAL CHRONICLE
990
Members'
Bulletins
of
attention
the
is
directed
Exchange,
to
the
fact
announcement
that
has
in
been
previous
made
Weekly
that
on
dividend of $1.25 per share on account of arrears
would be paid to holders of the prior preference stock of record* at
the close of business on Sept. 20, 1943, and that the stock would sell
Oct.
15,
1943
a
a
Volume
Number 4209
158
"ex"
said
dividend
that
said
dividend
close
due
of
business
for
which
regarding
date
will
paid
Notice has
beeri
now
stockholders
to
of
received
record
at
will
not
be
established.
Accordingly,
quoted "ex-dividend"
be
the
$1.25
dividend
>cancelled,—V.
are
158,
San Luis Central Railroad—Bonds—
The
1943,
to;July
Sierra
p.' 776.-
Gross
1,
the
assuming
upon
the
assured
of
Presidency
this
corporation
Net
Air Forces-that the records previously
established by his company for the production of the Republic P-47
Thunderbolt stood a better than even chance of being broken.
Mr.
Marchev,
Joined
the
who
Army
has
succeeded
early
company
successively
after
were
158,
776.
p.
The
Gross
from
Net
from
Net
ry.
railway.
$3,284,309
$2,423,316
2,034,922
railway
1941
From
1,450,311
78,507.
338,862
Gross
from
Net
ry.
railway—
railway
from
—V.
21,684,725
income.-.
2,372,946
oper.
158,
8,012,457
14,665,033
8,079,829
-
3,197,114
accumulations
from
from
Oct.
claims,
699,935
579,103
Cement
Co.—Pays
$4
the
8%
holders
issue
cumulative
of
record
Oct.
on
of
31,
Sept.
1942,
$4
Sept.
on
15
marketing
From
; 517,555
sion
from
Net
ry.
1941
Cost
Herbert
26,
"An
Abraham,
which
for
the
267,389,049
190,909,185
123,794,948
amount
fully
the
in
70,969,770
41,235,702
23,019,289
37,700,951
Net
from
Net ry.
Gross
Net
*
•
ry.
Net
35,215,789
26,287,402
9,163,917
ry.
Sept. 15,
the
Total
Int.
been
currently
provided
on
Period—
1941
1940
$343,366
$341,141
13,590
92,239
63,373
69,766
Net
from
4,657
73,769
49,877
41,419
Net
ry.
253.378
income—.
oper.
Deficit.—V.
2,136.482
2,014,453
230.169
108.570
314,768
—
141,006,688
107,775,421
76,183,909
58,150,634
__
66,821,935
16,528,480
20,431,348
43,743,720
20,749,391
28,039,930
—
17,697,667
9,916,902
^Week Ended Aug. 21—
Gross
Gross
1943
,
.
from
1P42
*
"1941
January 1—
Net
ry.
$1,131,402
railway
Net from railway—.
; ;
1943
'
$732,403
384.222
237 020
81. 458
112,885
109,646
53,781,
.
:
$466,455
.
;
ry.
income...
oper,
From January 1—
.
$415,083
61,309
95,104
23,143
^In
Gross
from
9 855 688
Net
rv.
—V.
492.
p.
3 060.138
income
oper.
158,
6
5 510 372
railway
Not from railway__;i,.-;
1,750,690
865167;
.4.588.229
.
:
2,070,173
l'
1,018,480
$74,590
44,780
27,604
33,984
18,071
,
:
V.
Total
oper.
754,688
;
603,094
323,563
1
194,270
179,983
/■'... ';/■!
494.
output
the
of
public
538,253
97,044
•Maintenance
totaled
196,453,000
corresponding
Net
structure
l,124.5of
743,433
7,107,628
1.594.755
001.869
10.701.380
2,907.360
2,376.531
19,547.167
484.099
417.0^6
2,183,303
2,413,763
————i
Other
expenses
■-■■■■■
Net
•
ry.
101,279
36,652
:
18,669
>
2.319,767
as
last
year,
increase
an
of
income
$2,201,972
1943
1942
$322,859
66,566
90,153
,2.776.Ro^
..
1941
158,
$2,393,340 $14,022,331 $11,320,794
Jo".
1
Julv
to
31.
J943.
$400,000 in period last
far
Julv.
1«43.
estimated
and <$5,057,245
income
taxes
Company
<
Gross
'
.
from
1 c43
.
in
railway—
Net
from, railway
Net
rv.
Net
oper.
compared
$7*330,871
3 514.884
2 fiQ9 638
2,113,616
2,227,389
from
ry.
—y.
158,
1940
$5;142,627
^
60.108.273
Net
598,571
13,102,092
income—
p. '777;- :,.
v
13.446.125.
10,714,967
Texas
July—
Gross
Net
from
from
Net ry,
;
-
ry.
From
Gross
railway——
6,217,105
'
income...
from
from
Net
ry.
railway——"
$211,063
43,250
*Deficit.—V.
158,- p.
61,079
406,770
July— '
Net
1943
1942;
43.726
Net
ry.
income
*4,166
/
*278
*40,247
railway-
oper.
.
Gross
Net
Vail way .ALU
railway—i—j.
Net ry. oper.
1,425.345
;;
Seaboard
158,
Air
p.
y
.
..
' 962.114
314.396
income..^
•Deficit.—V.
1941
.
.
-
3,131
38,227
%
:
;
Spatcher,
and
Howard
H.
*206,397
tions
to
represent
approved
an
•was
denied
such
proxy
of
or
Ralph
holders
deposit
in
accordance
to
act
as
with
a
>
protective
the
92,600
75,900
403,500
404,500
249,900
;
249,900
1,097,200
1,099,000
1,125,500
1,124,500
2,343,800
l..*..—■
1,859,600
779.
p.
1,055,993
for
Taxes
;
com¬
•'
I.',''*
,51,375,518
22,750,934
10,692,428
1943
1942
■■■
31,931,726
ry,
by the Commission.
-'
'
"l
-
•'
2,161
*626
27,991
1,973
*271
737,572
423,340
421,144
179,072
54,957
52.505
94.021
19,269
17,809
188,837
>
$51,036
1940
$205,966
97,489
56,340
38,296
1,563,072
472,125
618,291
239,141
25,633
$2,488,254
$2,102,590
894,983
1,454,023
1,202,107
693,140
566,546
706,305
872,464
15,153,556
15,523,881
15,286,898
14,489,717
7,044,180
-7,673.341
,8,289,483
,8,074,139
4,222,821
4,379,811
4,531,173
6,176,563
1*—
•
income—
ry.
$7,306,912
$5,283,876
.806.936
3,491,778
3,098,696
1,929,737
862,457
income...
oper.
from
Net
ry.
Stock
Dec.
;; '
(Including leased lines)
999,246
255,965
32,476,824
25, 683,458
15,300,477
10,151,676
5, 282,812
6,858,259
5,155,933
5,336,433
1, 274,511
Aug. 26
on
of
declared
accumulations
payable
with
Oct.
cents
75
Payments
28,
Co.—To Pay
Baking
1
on
1942
158,
90-Cent Preferred Div.—
dividend
a
the
on
holders
to
paid
In
$1.20.—V.
Werner
1943—7 Mos.—1942
831,848
41,616,068
496.
directors
$50,
pares
972,496
54,665,727
23,315,083
,;
railway
income—.
p.
account
par
1—
railway.—.
oper.
158,
Ward
on
1940
$8,239,547
from
Net
1941
railway.;..!
railway.-——
From January
Pref.
1942
1943
from
Gross
—V.
RR.—Earnings— ':
1940
$2,011,481
968,113
588.
p.
from
Net
172,884
—
1941
$2,225,194
income
oper.
Net
413.225
276,490
Corp.
1942
1943
railway.—
oper.
158,
Gross
1,336,337
1943—Month—1942
V;;
July—
$248,447
107,670
Film
495.
p,
-
Wabash RR.—Earnings—
■."..Vv, .1941
1,464,778
1.586,953
72,211
railway.
ry.
•"
31—
158,
Net
1,757,382
140,575
161,504
162,934
Net
5,677,832
6,377,508
••
812,123
.
income—i.
from
The
[',■ ,*
T
25,009,142
oper... :
17,024,743
*13,399,632
—_
June
were
as
$7
of
of
90
cumulative
record
cents
15.
com¬
April
on
1,
and
cents;
-
•
Bros.-Kennelly
stock,
This
30, last, and 65 cents
follows: Oct. 29, 50
496,
p.
share
per
preferred
Sept.
'. *1 V
'
■'
$
'
$
"
'
'
''
1
-1'
'
All
'•
net
inc.
charge..—;
from
bonds
13,222,954 102,852,941
54,301,007
*7,216,433 169,525,843 129,032,912
upon
169,202,404
18,460,670 160,158,109 114,901,397
1,218,739
869,775
6,869,132
trans.
"
'2,406,372
—.1
5,136,746
investments
other
Total
of
Co.—Bonds Called—
the
remaining outstanding first mortgage 5% sinking fund
1, 1955, have been called for redemption as of Dec.
1, 1943,, at 100 and interest.
Payment will be made at the Harris
Trust & Savings Bank, trustee, 115 West Monroe St.,
Chicago, 111..
31,683,624 263,011,050
due
Holders
Dec.
receive
may
surrender
and
100
and
interest
cancellation of
the
to
Dec.
above
1,
1943,
at
bonds—V.
sources..
5,193,635
26,457,966
r
1,299,554
—
"
•
9,199,687
Wesson Oil &
An
re¬
...
20,074,460
V;
;
1,302,346
v
7,866,446
income
3,705,926
6,439,092
35,657,653
and
other
chrgs.e
1,176,654
1,187,084
8,377,592
8,351,191
Net inc.
fr. all
sources
2,529,272
5,252,008
27,280,061
19,589,715
—
-
Earnings for July and Year to Date
extra
share
per
both
dividend
have
and
158,
p.
2812.
p.
Snowdrift Co., Inc.—Extra Dividend—
of
been
payable Oct. 1
July
1,
last,
time
any
151,
and joint facil.
from
and
'
expenses
ifrom
operations
Inc.
Fixed
'
1940
$59! 67
32,404
16,803
railway——
railway
from railway
V.
member
1941
$112,576
railway
oper.
from
Gross
25,270,963
10,474,504
'
$314,622
revenues-I—i 42,033,885
rev.
rents,
Net
provisions
committee
1942
■
33,437
income...
From January
17,242,757
:
from
from
'
,v;
1943
$124,367
railway—
railway
oper.
Net
33,262
Century-Fox
Union Pacific
;V
■;
Net
V
-
Ry.—Earnings—
from
—V.
Income..;
,
Operating
Operating
agreement.
Friedman
301,800
•
1,002,000
'
for
Authorization
$3,399,412
2,153,157
.
Period Ended July
holders, of first mortgage consolidated 5% gold bonds due
1-945, of the Georgia and Alabama Railway, and to solicit authoriza¬
of
-
2,028,600
...
$8,552,800 .'$7,076,500
ry.
;
railway—$353,925
oper.
■
Committee
toy serve, as, a
;_i.
surplus
ry.
Gross
544,305
158, "p. "778;;
Equipm.
Hubbard
$4,941,685"
1,661,507
■
*•'
-
oper.
9.694
;The, ICC has aoproved the application of F. G.> Badenhausen, William
S.
mittee
taxes
juiy— ;■/"■
4,744,521
1,374,809
705,491
47.904
*173,687
Protective
$9,266,412
7,466,140
from
Net
Ry.
558,700
302,500
surplus
from
1943.
492.
Line
$909,200
stock
from
1940
■
596
775.821
*250,046
'v:;;
Virginian Ry.—Earnings—
1941
1942
1943
income...: ;
*28,954
•
88,700
$7,076,500
surplus
Net
the listing of 100,000 shares of prior
preferred stock (no par), $4.50 dividend cumulative, all of which are
issued and outstanding.—V. 158, p. 898.
V!; 7
,$99,219
5.097
*26,455
v
depletion..118,900
stock
Net
494.,-;;
p.
Twentieth
1940
^
$119,723.
■
190,400
1,750,000
....$400,000
income
158,
Gross
6,252
;,:• The NYSE has authorized
!•
—
.
Net
69,728
170,701
ry.
*132,074
.
______
235,900
1,890,600
liabilities
Net
488,656
257,052
293,087
From
—v.
Georgia & Alabama 5s—
—
754,757
397,373
40,686,480
V;
f roin
from
*12,311
2,212,192
v; - ■
railway
From January 1—
.
33,695
5,558,256
:
from-railway—;...;;.:;
99.180
43,420
$148.51.9
railway.——'.;
from
11,838
Net
799.792
289.706
RR;—Earnings-
$224,707
;.
Gross from
*4,386
1,010,989
i
railway....'
Listed—
San Antonio Uvalde & Gulf
less
396,000
173,400
—.w.—-
equipment
136,800
396,000
;
liabilities
Gross
$59,645
44,105
2,755,608
V-:'-
584.
Co
——
and
July—
1940
$118,419
Net
13,691
1.038 471,
.
Timber
.
*Deficit.—-V.
income
oper.
from
Gross
■
601,792
income—i
1941
'
28,758
January 1—
railway.—
from railway
C
.
665 318
i
January !—
Net ry.
46.185
1.658 601
refund
Utah
494.
p.
from
Net
$143,319
95.539
J. 250.253
Kosmos
'
Toledo Peoria & Western RR.—Earnings-—;
1940
2.465 101
railway
oper.
1941.
200.669
From Januarv 1—
Gross
Net
1942
$131,422
railway—.; $10,969,009
from
Gross
$358,787
-.'".vTv"
2,367,000
in
Total
C:
1,219,301
railway......
—v.-158,
Ry.-^-Earnings-
■'162,142
4
1,416,100
From January 1—
ry," oper." income.-.'
1,534,099
"■
109.400
railway
oper.
158,
Net
3.713.985
1942
i°43
$280 481.
•
1942
$731,500
1,625,000
363,924
255,763- n 166,380
358,445
Net
8 563 691
.
.A':v.,:,;.,.;.
-
from
890 oaq
-43 500.702 :v32.6i 1.827,;. 25 532,127
20.984.487
St. Louis San Francisco &
•
,.,487,351
262,363
577,786
;
from
July—. '
'
1,511,797
63,260
railway—
Deficit.—V.
Net
$3,958,590
1.501.262
1,118,879
:
(net).
loans
Earned
with
;v.:
railway..—
oper.
'
1941
,
„
30
April
$8,552,800
Capital
20,389
86,791
oper..income.
July—
.
$9,407,293
..."
income...
from, railway
Net
v
31,996
1,685,037
$178,261
income
oper.
from
Gross
.From Januarv 1—
Gross
;
24,907
n 943
ry.
period
Only
1Q42
■.
Sheet,
—...—3,262,400
insurance, taxes, etCt—.^—.
176,500
Common
46,356
Ry,—Earnings-
railway.-..
railway...;.;:•
Net
"
July—
Balance
1943
Preferred
$207,097
Texus & New Orleans RR.- -Earningsof
$2.46
property
-V.
from
ry.
year.
Earnings
$3.28
subsidiary companies,
tAfter deducting discounts,
allowances,
Ulncludes $1,495,510 (net $173,390 post-war
1943, $894,200 in 1942 and $144,000 in 1941 provision for
profits tax; also $25,388 provision for State income taxes in
Other
538,471
>
478,957
From January 1—Gross from railway.;—.;'
*
in
$3.85
Liabilities—'
586.
p.
from
Net
$2,429,689 $14,057,108 $11,433,523
36,349
34,777
118,729
•After deductions of $880,676
$3.14
and
Paid-in
juiy—
'
.
64,419
117,009
sh.;
common
assets
Bank
1940
2,266,133
;v
882,512
Net
Charges
$544,168
44,886
282,429
Total
1—
railway^;'!!;;*
Gross
V Balance Avail, for fxd.
;
51,398
income—
oper.
Texas Mexican
13,935,338 " 11,327,891
"
121,770
,' ■ 111,632
4,792
income
$781,774
30,341
299,870
Timberlands,
24.2%.—
$255,300
61,295
:
2,735,245
—V.
15,522.734
$2,197,180
from
$992,829
30,322
in
Federal
$368,676
railway..--
'•
Total
$814,406
$674,100
Plant
Ry.—Earnings—
railway-!—;
from
Net
Deductions
124,800
8,177 069
.
'<
15,926
11454,000
to
299,894
Post-war
•
ry; oper. income...
Other
income
111,367,500
—
Investment
operating companies in the
for the week ended Aug. 29,,
compared with 158,194,000 kwh.
fromi.railwiiy—
ry.oper: Income— ;
Net
4.854.236
,
111,801,998
Payables
From January
Net
of-equipment—.
Transportation exps
1,817
taxes
utility
kwh.,
week
V
from
*>' Gross
of way.&
Maint.
Co
tExchange
Prepaid
158, P, 898.
i;;; 'July—
'<
1942—7 Mos.—1^42
..
5,873
Inventories
445,234
166,391
system
Co.
Tennessee Central
$7,762,123 $63,247,470 $45,666,699
$9,772,771
revenues—.
.
8,798
4,713
121,932
Assets—.
'
1948—Month—1942
5.467
Cash
\
1,206,613
Gas;~&• Electric
Gross from
St. Louis-San Francisco Ry.—Earnings of System-
9,664
dividends
Accrued
;
Period Ended July 31-
,
$683,639
carried
Receivables
Standard Gas & Electric Co.—Weekly Output—
Net
v,
$1,362,419
Consolidated
4.392.001
>1,197,830
$2,367,614
1943.
1940
$101,259
-r
oper.- income—
for; the
26,374
1.699.1.39 i!i;;1.4Q2.160
-
23,956
$2,641,719
connection; with experiments with Vidal Process, less related in¬
excess
27,660
'*
railway——
158,. p.
•
1943,
49 640
■
21,938
dividends —
per
come.
'
Standard
;;
;
5,102
venture
surplus
Earns,
'
Net
$659,683
9,755
inc.
profit
Common
1942
1941
$173,675
railway
Electric
1940
-
5,927,331
$1,340,481
15,650
Preferred
$5,742,921 $209,086,559 $162,257,573
$155,327
railway—
income...
from
—Earnings—
•;
7,878,715
$2,362,513
charges..
Mengel
returns
railways...
from
Net
—V.
St. Louis Brownsville & Mexico Ry,
tl940
$6,587,015
$2,631,964
——
joint
on
Other
July—
Subs.)
1941
$9,219,196
payable-
Prov. for Fed.
—-Jan. 1 to Aug. 21-—-
1942
$6,439,165
oper.
*65,959
V
(Incl.
8(1
1942
1,437,399
.
from
101.858
:
,
;
-
2,385,631
2,880,389
July—
Gross
From
<434.410
.
126,979
158, p. 777.
4,704,623
2,769,765
Spokane International RR.—Earnings•••"..
1943:
1942
1942
railway
April
expenses——,
sale of fixed
on
with
refund)
,
Ended
oper.
——
interest
and
Loss
$8,362,668
8,232,959
1943
$397,699
railway-income
1940
1941
3,083,062
Gross " earnings
—-V 158, p. 898.
1943.
railway
independently by United
Mengel Co.
This expan¬
national coverage for their
11,296,666
from
notes
on
Net
.
approxi¬
'
for
897.
p.
1942
9,458,113
-
railway..
Net from railway
Net ry. oper. income.
provide
$19,069,370 $13,659,179
assets
1943
.
$20,336,963 $17,899,775 $12,119,359
income.
oper.
The
war.'
the
of
16,437,406
income
Net loss
From January 1—
The foregoing will be
1943.
has
Government
V
—
Gross from
by $36,000, so
paid bv the com¬
to1 be
railway..
railway—- v_;
from
Net
under
reduced
have
January 1— -ri"'s'"•:from
x*ailway
2.590.872
2.32,848
from
Net
be
will
will
which
oper.
From
.
Government,
$364,217
>
from
S.
by
company
taxes
on
U.
from
to
addition
exps.-
income
Other
■
Gross
production.
entirely
94,783,524
108,070,666
July-
'
Offsetting this, this com¬
excess profits taxes, and the
1942
the
reserve
the
on
-
Government
on
RR.—Earnings—.
July—
.
with
$40,000
contingencies,"—V. 158,
Rutland
Gross
of
is payable
sum
absorbed
to
profits
stockholders
$400,000.
against
payable
excess
net
the
profits
will
Years
Account
and
profit
Other
Southern Ry.— -Earnings—
v
reached
assessed
credit
1942
a
which
war-time
been
was
a
refund*
of
onlv
pany,
has
receive
'post-war
account
1942
to
letter
a
renegotiation' of
covering
company
will
that
President, in
'/■ ..V!"
stated:
agreement
business
pany
Co.—Renegotiation of Profits—
facilities
———
of sales
Net
1,915,905
5,521,647
:
898.
p.
pilot
units, some owned
others jointly with the
and
distribution
JNet Sales
1940
;
income—
oper.
1942
:
'
6,252,265
railway
158,
in
now
is devoted
involves the
1943
4,472,991
1—
currently
program
distributing
15
Plywood
in
products
new
expansion
"Cost
Aug.
important
production
States
$41,569,162 $32,052,292 $21,442,885 $14,895,591
15,995,822
13,405,306
8,038,245
4,058,863
railway
contract-cancel-
war
products.
1943
a;
these
public
ultimate Government review.
orderly adjustment of
an
Co.—Earnings of Company—
income
January
Net
—V.
Ruberoid
of
pos-war
mately
and
156, p. 1614.
railway
to
of
certified
of
The
on
preferred stock, par
30.
Like amounts
and
be subject
urged*
Ottinger
aeocuht
of
of immediate reemployment, as welf as employment to "many more,"
U. S. Plywood's post-war plans, he
said, embrace wide expansion
of production and distribution of its
standard lines as well as the
On
share
per
Mr,
on
approval
Mr.
plans
corporation's
dividend
a
meeting,
payments
the
cancella¬
upon
thousands of prime
material men,
and
Ottinger, is chaos.
,1 *
this corporation have been sufficiently perfected,
Mr. Ottinger told the stockholders' meeting, to give its "many
quali¬
fied employees and
associates now in the armed forces" assurances
679,576
596,638
such
to
said
suppliers
make
on
settlement
hundreds of
annual
to
claims
such action to
alternative
laion
$2,585,374
39,274
on
to
15
this
on
railway
oper.
Gross. from
1,463,952
1,630,757
$2,516,654
47,428
declared
18
:J ''' '■i".;
ry.
5.692,257
1,760,328
13,006,653
The
1943—12 Mos.—1942
$218,543
Portland
Aug.
on
1941.—V.
Net
492.
p.
19,
Gross
January 1—
Net
of
July—
41,450
.
authorized
Income
135,105
279,444
.
accountants,
51,973
„
Southern Pacific
,$667,424
'.530,612
be
immediate
claims of
sub-contractors,
stockholders'
the
banks
for
of the
their
and
Addressing
that
developed
be
contracts
war
Post-war
1940
.
$1,209,614
'
$208,428
Mountain
payable
Net
income!—
oper.
;V■
1942
1943
■■■•
procedure
of
contractors
Co.—Earnings—
43,824
disbursed
Nov.
Richmond Fredericksburg: & Potomac RR.—Earnings—
July—
1,
680.
directors
account
'
.
.
July
Account of Dividend Arrearages—
$100,
President.—V.
from
retire.
accruals
p,
Signal
Ralph
as
directors
elected
extend
1943—Month—1942
—i
revenues
158,
became General
Vice-President in charge of both the Farmingdale and Evansville, Ind.,
plants of the corporation and at the July meeting of the board of
was
Power
income
t-V.
S. Damon as President,Assistant to the President and
Manager, Vice-President,
and. Executive
1942
in
■fcome
to
company
the date of maturity of not exceeding $120,000
gold bonds.—V. 129, p. 2532.
Pacific
inc.
reserve
Marchev,'
the
1963,
Period End. July 31—
•
Republic Aviation Corp.—New President—
Sept.
1,
authorized
contract-cancellation
Operating
•Alfred
recently
of first mortgage 6%
prior
991
tion
ICC
share
per
•
on
& FINANCIAL CHRONICLE
the
and previous announcements in the Weekly Bulletin
1943,
said
be
20,11943, but that the quarterly dividend
15, 1943, will be declared-at a later date for
Oct.
on
stock
1943..
16,
not
Sept.
record
new
Sept. 16,
on
will
on
payment
a
preference
Sept.
on
THE COMMERCIAL
50
cents
declared
share and
per
the
on
distributions
of
25
dividend
a
stock,
common
to holders of record Sept.
15.
On
cents
each
of
no
25
par
Jan.
cents
value,
2, April
were
1
made.—
199.
27,940,906
Western
States Utilities
Co.—New
Control-
'
July—
Gross
1943
from
1942"
1941
1940
railway..—
$9,949,585
$9,092,474
$5,064,953
$3,285,957
railway—
3,010,019
3,950,217
1,375,344
222,943
ry. oper. income...
From January 1—
1,406,868
3,208,440
.1,016,451
Net
from
Net
Gross
from
Net
from
Net
ry.
railway-
oper.
income.—
158,
p.
and
Federal
Federal
81,660,753
57,482,890
36,536,486
9,500,018
5,158,075
21,575,439
16,485,264
6,036,665
2,162,699
income
income taxes
and
income
income
excess
of
and
taxes
profits
excess
of
profits taxes of
$5,500,000 for 1942.
taxes
of
$57,000,000
$18,724,158 for 1942.—V.
for
$11,500,000
tlncludes
Fed¬
492.
158, p. 898.
permit
war
prompt
ends,
resumption
Lawrence
of
Ottinger,
normal
civilian
President,
on
$100,
1
urged
(Inc.),—V.
149,
p.
1632.
when
that
Wood Steel Co.—Accumulatecl Dividend—
directors
of
were
quarter during
per
declared
have
accumulations
payable
butions
—
production
Sept.
The
account
United States Plywood Corp.—Post-War Plans
To
the
(Alan)
Fed¬
1943
and
Peoples Light & Power Co.
for
28,149,028
21,547,481
eral
eral
"
37,065,762
railway
•Deficit.—V.
*151934
*Incudes
1943
see
share.—V.
Sept.
made
18
on
1942.
157,
p.
to
on
a
the
March
dividend
7%
holders
20
of
of
$1.75
cumulative
record
and
June
Accruals as at July 1,
904.
18,
8.
last,
share
per
preferred
Sept.
stock,
Similar
and
1943, amounted
in
to
on
par;*
distri¬
each
$45.75
State
^
'
nections
all
City Sept.
said
to
laws"
Federal
improve¬
and
betterments
tions,
income
ruling of any
authority or
official which is followed by the
Bureau of Internal Revenue or by
such
addi¬
and
Federal
any
laws, either by the terms 'of
tax
lines), including
thereof
extensions
under
able
and
(Continued from first page)
by
or
tax
income
Federal Court, the
decision of any
District, and Lester S.
Electrical Engineer, of
San Francisco, retained by the
District.
A reasonable supply of
Ready,
livered
the
to
successful
bidder
successful
The
authorized
to
prior to the tender of said
bonds by District, be relieved of
his obligation under the contract
to
purchase the bonds/ and in
statement
in
proposed to
be acquired,
The . gross revenues
after first
of said Electric System,
therefrom
only » the
cost of maintenance
and operation of the Electric Sys¬
deducting
tem, have beep pledged to the
payment of the principal of and
interest
on
said bonds of said
Sixth, Seventh and Eighth Issues,
and said pledge constitutes an ir¬
revocable first pledge (after such
said revenues, su-
of
deduction)
perior to all other charges and
subject to the rights of the hold¬
ers of additional bonds which may
be issued on a parity with said
Sixth* Seventh and Eighth Issues,
Additional bonds on a parity
with the bonds of the
Eighth Issue
(and > also ;of the
Sixth and
Seventh Issues) may ;be issued
only to construct or acquire ex-r
tensions of, or additions, better¬
ments or improvements to the
Electric
,
and
System,
only pur¬
of at
suant to an affirmative vote
least
majority of the qualified
a
of the District and an
^electors
official
the
use
distributing
bonds.
"It is contemplated that defini¬
tive bonds will be available for
be
delivery to the successful bidder
the
District to
given pursuant to
This notice is
tors
said
Eighth Issue of bonds in ac¬
with and subject to the
bidder without .charge.
successful
declaring its intention to sell
ing his bid will-be returned.
;
The legal opinion of Harry W.
Further infor¬
respect to Imperial
District-will be furn¬
ished to any .prospective bidder
upon request,
J
qualified
by
interest
and
the
on
Electric
parity there¬
with then outstanding and of the
issued ); as
and
the
At
and
time
interested, bidder.
above
place
designated, the Board of Directors
open
the
proposals. The
bonds will be awarded as a whole
will
less than all) to the
highest responsible bidder or bid¬
ders, at nof. less than the- par
(but
mation
accrued
thereof/and
in¬
thereon;
provided, ' how¬
that the Board of Directors
may reject any or all bids, and
provided further that no proposal
shall be accepted which is not
accompanied by a certified check
terest
ever,
for ; not
the
of
;
the
bid, to apply
on
2%
than
less
.
amount
of
chase
with
Additional
with, the
connection
offering
has'
Information
thereon
proceeds
the
purpose
the Electric System.
ments, to
security
for
the
is required to
fund at the rate
further
As
proposal.
be deter¬
the total
amount of interest which the Dis¬
be
would
trict
the
required
of
date
said
to
pay
bonds
to
respective maturity dates,
rate or rates speci¬
in the bid, and by deducting
at the coupon
fied
■' '
'
'
;■
:
.
.
things are mainly respon¬
sible for the upsurge in Florida.
The first is direct war activity
fields, and
number of training
number of
enormous
trainees; the second is large farm
crops marketed at high prices. The
•
first won't continue after the war,
rapidly
this
in fact is already
dropping decid¬
interest cost to
District
-
said.
computed
of
Board
The
as
afore¬
Florida's
main
Voters
prove
-
of
the
of
the
Ail-
available
makes
election called for Sept.
an
over
it
certain winter tour¬
seems
ists will
again, flock to Florida. As
it, Florida- as a whole will
for some time at least
we see
continue
after the war, to
_
being asked to ap¬
$6,000,000 revenue bond
are
a
issue at
rely mainly,
heretofore,:
farm products and tourists for
principal sources of revenue.
has been: the
The
September
16th
within
is
fixed
with
California
defines
which
service
direct
Elec¬
areas,
competition
and the
activities
ticipate
until
determined
few
ballots
absentee
of electric
An agreement
energy
between
the two systems.
the
•
;
■
.
The District employed Lester S.
Ready,
consulting'
submit
a
report
engineer,
<
to
the estimated
on
financial result of the purchase of
have
will
company
these properties.
Directors
Following is his
ac¬
growth/ regardless • of; the reason
mal. and the investor
the
than
rather
cease,
ceptance of the theory that rapid
chase
js
complete.
However,
irom a practical standpoint, the
returns, except for the relatively
its
In
at
ing the exchange, sale and pur¬
.•
on
purchase
Power
between
point, the official election results
as
case
other words; we feel war has hot
price of the
changed basically conditions here'
$4,900,000;
in the State and has not by, some
the balance of the proceeds of the
hew
bonds to be used for consolidating magic, : added immediately
and permanent sources of income.
the systems,
providing for im¬
: • If our
reasoning is correct, then
provements
in
the
next
three
years, for investigations and de¬ exceptiohal growth in a communi¬
signs relative to the development ty and a high level of activity
of power at Pilot Knob, and for during these war times should be
the reimbursement of the District the signal for careful checking as;
for
preliminary expenses.
The to what may happen when war;
16.
properties
tric
1
be
of
raising
resources;
allowed to complete the
From a technical stand¬
canvass.
as
One
food
ing absentee ballots, 3 ample time
must be
much
as
because
states
some
has also been entered into involve
canvass
the lowest net
conditions in Florida
in
District is banned.
cannot
of
branch
Canal
agreement
-^
.develop
to
completion
adequate water supply.
an.
date
is
expected
when
Coachella
the election
as
issue
edly;
and'because of the legal necessity
for canvassing the ballots, includ¬
mium
(if any) bid therefor. The
award will be made on the basis
17th?'
September
"Inasmuch
for
in " Im¬
system
power
American
Hewes; District President, in re¬
sponse to inquiries from interest¬
ed municipal houses:
:
v;:-,
*
: "Since
publication of notice of
sale of $6,000,000 Electric
Rev¬
enue bonds of Imperial Irrigation
District, the following question
has been raised by several invest¬
on
10%),
private utility will
competition with the
which;, is
bond
above
assessment by
crops, is likely if any¬
perial County and add a profitable
new territory in Riverside
County thing to be accelerated. With war
the following statement
furnished by Evan T.
been
therefrom the amount of the pre¬
the
.
in his
stated
highest bid will
mined
by computing
their
applied solely
of constructing
and
acquiring extensions, addi¬
tions, betterments and improve¬
the
and
for
conditions
The
sold for not less
interest
:
'
Two
of
the
from
principal amount there¬
the
of
the
District's
In
—
of
eliminate
Irrigation
not
value
Such ^ additional
accrued
and
become due
same
be
must
than the
of
the
payable.
bonds
proposed to be
bonds
additional
buy.
the second will continue,
Horton, of El Centro, Attorney conditions specified in the. notice the above district has taken an¬ perhaps with lower prices but
All proceedings with re-t
for the District, and of Orrick, of sale.
other constructive step by arrang¬ probably at a high level. Manu^Dahlquist,' Neff & Herringtdn! of spect to the issuance and sale of ing for the purchase of the prop¬ facturing has contributed ; but a
San
Francisco,
approving
the said bonds are on file in the-of¬ erties of California Electric Power relatively small amount to the
validity of the Eighth Issue will fice of the Board of Directors and Company in Imperial County and general prosperity.The end of
be
furnished
to
the successful open to the inspection of any in the Coachella
the war should not disrupt present
Valley. The pur¬
debt service
"
Revenue bonds on a
consummation
refunding ofqts general obligation
debt (which reduced the annual
cordance
purchase price of the bonds ment firms:.:•
engineers
(if said bid is accepted).
The
Tf bids are to be opened on
that
the gross revenues of the
amount of said check shall be for¬
Electric System, as, proposed to
September 17th and the District
feited if, after, the acceptance of is not
be extended, after deduction of
required to make actual
his proposal, the bidder shall re¬ award to the
highest bidder be¬
the reasonable cost of mainten¬
fuse to accept said bonds and com¬ fore
ance
and operation thereof, will
September 24th, is it possible
plete his purchase thereof on the for a tentative award to be made
be sufficient to pay the principal
Estimate
Electric
Consolidate
Utility Properties—-Following the
resolution of the Board of Direc¬
post-war conditions in some'of the
situations where he'is asked to
with its great
prior to October 13th.
;
deposit accompany¬
such case the
,
reasonable
promptly to whom the bonds will
be awarded.
.\v'r
;
bidder.
will
highest fore investing it might be a good
idea for him to check ori1 probable
the
to
that all bidders will know
so
,
properties of the California Elec¬
tric Power Company
vass
statement will be de¬
the official
bonds
bidder, subject to the final can¬
an
successful bidder may, at his op¬
tion,
the
award
of the
eer
including the
and
thereto
ments
of
Mpnday, September 6, 1943
THE COMMERCIAL & FINANCIAL CHRONICLE
992
is
therefor,
itself
in
stability. f;I j-
of
sign
a
■f
Present conditions
not
are
nor¬
should
an¬
and be:
prepared for them.: A pretty safe
general, rule, we feel, is that ifthe community was sound before
the war it is quite likely to be so
after
later
recessions
is
war
The converse
over.
isn't necessarily true but no harm
been tallied by September 17th.
can
be done if • investigation is
the right, in its discre¬ Therefore it will be
possible for estimate of revenue and expense made I of post- war prospects in ;
reject any and all bids the Directors of the District to of the consolidated system:
some/ of / these/. communities - of:
Post-War of 20% of the annual principal and to waive, to the extent per¬
which we hear such- glowing re-;
1942 (Actual)
1944
1943
Minimum
mitted by law, any irregularity
and interest requirements on the
Revenue from
kwh. salesports.•
$1,885,808
.:/v>';;\ ,*--V' \,
$1,937,900
$2,000,000
$1,900,000
A
bonds which must be maintained or informality in any bid.
Other Revenue
10.000
10,000
The
Board of Directors will.
Jackson, Fla:
in an amount equal to at least the
Total
Revenue,
$2,010,000
$1,910,000
No Purchases Made—City Audi¬
principal and interest require-, take action awarding the bonds or
Operating Expenses
887,500
,;-;3 896,625
rejecting all bids not later than
ments on the bonds for an aver¬
tor J. E. Pace reports that there •
Net Before Depreciation,
were no substantial bids received
$1,113,375
$1,022,500
age
year;
Such amount to be Sept: 24, 1943, and in the event
__—IZ''
320,000
320,000
and no purchases • made, in con- :
computed
by
determining the of its failure to award the bonds Depreciation ■ of Plant Acquisition AdjustmentAmortization
III
60,000
60,000
arithmetical mean of annual prin¬ on or before said date, any bid¬
nection with his offer to purchase,
bonds
the District
create
a
reserve
Reserves
tion,
to
.
■
.
cipal
interest
and
payments
on
r
The bonds
to be issued for
are
en¬
and
Net
shall be entitled to the return of
The
of providing funds
to
purchase
the properties of
California Electric Power Com¬
his
described in the 1943
Po\frer Development Project of
the! District, to provide for the
c
purpose
pany
as
consolidatioh
Electric
and to
thereof
with
the
District,
provide for additions and
of
System
betterments
the
Sept.
16,-11943, for the purpose of au¬
thorizing the issuance of the Elec¬
tric Revenue bonds herein offered
for
sale,, and the sale thereof is
contingent upon the approval of
the bonds by the electors of the
District at said election.
The
bonds, prior to their is¬
suance,, will be certified by the
of
and
the
in
but
insurance
at the office
of
National Trust
soon
event
State
of
of
funds
all
companies, banks, both
and
savings,
trust
time, on
requested by the successful bid¬
V
In'
addition, bidders are requested
(but not required)
to
supply an estimate - of the to¬
net
interest
on
;
cost
-
the basis of their
spective bids, which shall be
sidered
not
as
the
to
re¬
con¬
informative
binding
upon
der or the District.
only and
either the bid¬
Checks of the
turned promptly upon the award
of the bonds.
^
paid
any
bidders
may
re¬
No interest will be
deposit
successful bidder.
upon
be
the
made
by
The Board of Directors has pre¬
in banks in said
pared and will make available its
official statement relating to the
the
delivery of the bonds the income
received by private holders from
the
event that prior to
bonds of the same type and
acter shall be declared to
Valley
$288,357 in the 12 months
ending Jan. 1, 1945, which would
result in an interest Coverage of
which will
provide
2.54 times,
sources.
rate
on
new
would be
mate
based
veloped
on
rate
the
If
portion
a
the 1944 esti¬
of earnings and 2.23 times,,
on the post-war minimum
based
estimate.
char¬
be tax¬
bonds,
which includes
other
in¬
formation relative to the District
and
ence
the
to
of M. J.
bonds
the
■
and makes refer¬
engineering
3V2%
of
the
is
on
Aug. 31,
•
obtained
- -
of
total
a
$200,000
5 V2 %
Jacksonville
im- •
provement bonds, due on Jan.
1955.-;;..v;.v'
1,
market for
a
District's
latent
and
the
re¬
;/>:'. ;///•■ I,'/; :;
Atlanta Township (P. O:
the
election
of)
Atlanta),
IlL
Voted
Bonds
Florida (State
^
ILLINOIS-
de¬
power
FLORIDA
the
were
At
—
voters
recent
a
said
are
to
have
reports
Dowd, Consulting Engin¬
for
established
maximum
,
.
bonds,
the
$560,417
i
On the 1944 esti¬
before depre¬
coverage
ciation and amortization would be
2.08
times
and
spectively,
1.99
and
on
times,
re¬
the post-war
minimum estimate 1.91 times and
.
terized
local
the
Florida
munici¬
pal bond market during the past
thirty days. Prices have continued
at approximately the same levels
but lately there seems to be a dis¬
inclination on the part of many
1.83 times, respectively. On either
estimate, both interest and bond
dealers to stock bonds at
maturities would be covered, with
weakness in the
a
fair margin to spare
ing
the
after mak¬
depreciation
and
full
The
principal advantages to the
District
of
this
summarized
as
purchase
follows;
Competition
trict's
power
.
with
'
the
which
evidence
.■
Dis¬
County is eliminated.
2. Additional
$1,000,000
and
crease
est
is
it
per
gross
in net income
on
close to
the
new
sales.,
level
of
prosperity
is I enjoying, one
which is the excep¬
Florida
of
of
is acquired
that
in¬
the
(after inter¬
bonds)
will
$200,000 annually.
/
be
Education
rants:
-
tax
Educational
E-2627
1942.
anticipation
war¬
•
to
1942. ; Nos.
Fund,
E-2696,
dated
Oct.
1,
•
•
Building
B-5423
,
.Fund,
1942,
Nos.
dated Sept, 21 j
to B-5723,
1942.-
1942, Nos.
dated Feb., 24,
Playground " Fund,
P-283
to
P-298,
1942.
Nos.
/■;.
/>-
Free
Text
T-698
Book
...
Fund,
1942,
to T-736, dated Feb.
24, 1942,
.
,r,
;u
/
Holders of these warrants were-
present them to the
tionally good tax collection rec¬
ords for both current, and delin¬
required to
caused some very
optimistic general statements to be
put out citing the advisability of
investing; in
certain
specified
Room 352r 228 North La
Salle St., on or before Sept; 2,
1943. in order, that same may. be
verified and interest computed So
quent taxes, ^has
revenue
annum
estimated
effect
high
be
in Imperial
system
The
to
C
may
prevail¬
There is no marked
market, however,
as far as we can see and dealers
are
not inclined to cut prices in
ing prices.
order
amortization allowance.
1.
:
security for the deposit of
State.
In
Coachella;
3%
in
mate
wkr
funds which may be in¬
vested in the county, municipal or
school district bonds, and may be
and any
r
bonds)
a
the
area
assuming 3%%..
treasury prior
Pacific
m.,
14, 1943, and the District will
issue an. interim Dr interims, as
companies, the State school funds
public moneys
$642,500
South
service
new
bonds and interims will be borne
a.
Oct.
unsuccessful
as
$733,375,
3. A
*
(assuming
charge
der, exchangeable for definitive
bonds, if the bonds are not ready
for delivery prior to said delivery
date.
The cost of printing the
10
District
commercial
used
etc.___,--__-__/-_^__i
Return,
interest
approved the issuance of the
Report on Municipal Situation—
$40,000 road construction bonds
the
bonds, the interest charge The
following comments are taken by a wide margin.
:
'
would be $318,357, with respective
;
from the August edition of the
coverage of 2.30 and 2.02 times.
Chicago, Board■ of Education; ill,1 |
monthly bulletin on "Florida Mu¬
Maximum principal and interest
Warrants Called — President of
nicipal Bonds," published by A.
requirements would occur in the B.
Morrison
&
Co.,
Congress the Board of Education J. B. Mc12 months to July 1, 1951, and
Building, Miami:
/
:
Cahey
called for" payment
on
would be $534,067, assuming 3%
Decided inactivity has charac¬ Sept. 3, the following Board; of
on
the new
and
District
the
as
any
the
into
by the California Districts Securi¬
ties Commission, as legal invest¬
ments in California for all trust
for
the
Association,; San
as practicable,
the purchase
price of the bonds must be paid
Francisco,
tal
and
to
Savings
California, after an investigation
funds
made
for
by the District.'!
to be held in the District on
Controller
be
America
of
.
A bond election has been called
State
will
bonds
successful bidder
to
thereto.
Delivery of
good faith check.
the
bid
his
withdraw
to
Bank
the
his option, shall be
at
der,
titled
the bonds.
Florida municipals.
We believe a
investor is
word of caution to the
not out of
place at this time.
Board of Education,
City of Chi¬
cago,
that
cash warrants drawn
an
the
City Treasurer may be. issued ia
Be¬ payment thereof.-
V
\
'>):
•:*'
■
;
a;'.
i
•
;
u
(State of)
■,Illinois
T
Gasoline
THE COMMERCIAL & FINANCIAL CHRONICLE
Number'4209
Volume 158
j'l
„>
Yield
Taxes
,.
Less
•/
Allotments made by the. State of
to
municipalities
and
counties
from gasoline tax re¬
ceipts declined 40.96% in the first
half of 1943, compared with the
corresponding period last year,
a statistical analysis prepared by
Barcus, Kindred & Co., showed
on Aug. 30.,
The' allotments ag¬
gregated $6,232,555, against $10,£56,941. last year.,.
.7 ;
Gasoline taxes collected by the
•state in the first half totaled $15,-
and
rate
bid ipqst be
1542, and maturing serially
1, 1957, and $8,000 4% City
York,
Jan.
V\ of
jn. multiples
Jan. 1,,
rates
interest
all
Hall
refunding bonds, dated Jan.
render, of .said bonds apd of the
coupons maturing
on and after
Said bonds will be sold to
1 %.
Illinois
,
bear interest at the
bonds shall
j
—; same
1, 1942,
88,833,
with receipts of $21,£50,692 in the first six months of
11942.
This reduction reflects the
compared
effects of gasoline
The
that
rationing.
declared
firm
investment
the
allotments
in
decrease
resulted
of
curtailment
in
U:
city
and highway
/improvements for the duration of
and
the
.
street
county
total interest
on
all of the bonds
from the date thereof to the date
of
maturity and deducting thefefrom the premium bid, if any.
Bidders are required to bid for
all
or
of said bonds and
none
Proposals
and
will be considered.
such
'
...
be
be
to
are
7
■
sealed
the
addressed
to City Manager
Spalding, Administration
Building, Hazard, Ky., and will be
received up to 9.30 a. m., Septem¬
ber 6, 1943.
7
7 .7;,,,
H,
,
"In most
..
and
any
all
bids
is
re¬
creases
these income de¬
Additional
Information
In
—
connection with the report of the
sale of
do not
represent
the.
bonds
exchanged for
were
a
like
of outstanding bonds at
and mature $7,000 from Nov.
1, 1944 to 1953 inclusive. :
"
amount
serious
a
to • the < city 'or
-county involved, because in war; time,
expenses
for street and
.highway
maintenance
must
necessarily be kept at a mini,mum," the firm said. - "Shortages
;©f equipment, labor, and
mate¬
rials preclude extensive projects
;• at present. 7 7.77 .:777 7777'7'f
/
"Over the long run,/ however,
a
tremendous
backlog of. imfiscal -problem
par,
':x77;-77,7
Oct.
f
,
,
Kentucky (State of)
—Gasoline
tax
Kansas
(State
of)
Possible
and
Chapin Tp. Sch. District No.
(P. O. Chesaning), Mich.
after
1, 1943,
Bond
Treasurer, that he
of
the
of
at
the
101.
State
former
of
traffic
showed
,
the
on
included
increase
an
bridge
report
of
1948 incl.
this
year;
Tp., Sch. Dist. No. 10 (P.
O. Clinton), Mich.
Certificate Call—District
'
accrued
interest, 1939 certificates
indebtedness, numbered 1, 2, 5,
6, 7, 10, 12, 15, 19 and 21,
Dated April 1, 1939.
'
according
Sec-
retary Prince Drewery is calling
for payment on Oct. 1, at par and
to
1, 1949.
•
Said
7
7
Due April
77 7-
certificates
'7-7
*77
should
be
presented to the Detroit Trust; Co.,
Detroit, for payment.
Interest
ceases
date
on
called.
7
Ferndale School District
(P^O.
Ferndale), Mich.
7
Redemption Notice—It is stated
by Ervin Kienbaum, District Sec¬
retary, that various district 71935
refunding, ; series A, B and C
bonds, dated Oct. 1, 1935, matur¬
ing on Oct. 1, 1962, and various
,
$9,519,656.36 for debt service and
pension fund, the balance of $23,846,021,56 representing the total
expended for operating purposes,
or 56.38% of the
operating appro¬ certificates of
indebtedness, dated
priations.
This' compares
with Oct.
1, 1935, maturing on Oct. li *
54.52% for 1942 and 57.30% fdr
1945, are being called for, pay¬
1941,
:./7 77 '7- x 7;7:
7' X/ 7. ■ / ment on Oct. 1, at
par and inter¬
Revenue collections during the
est accrued to date called.
Said
•
13
the
in
to
Clinton
of
the
monthly statement for July by
Budget Director Herbert Fallinl
Included in these expenditures is
was
v7 /'7:;rT77 ■1; 7;7'7, •/,•
•
Truck
at
city spent $33,365,677.92, or 58.72% of total appro¬
priations during the seven months
closed for repairs on July 13, and
the latter was made toll free on
July. 15.
office
Oct. 1.
lections—The
report
The
on
7
Increase Shown in Revenue Col¬
bridge receipts amounted to
$74,281 and compared with $87,-
is
$5,000 re¬
building and equipment bond is¬
sue.
Due $1,000 on July 1 in 1944
MARYLAND
Toll
months
ceases
Baltimore, Md.
$1,340,511 obtained in July, 1942.
the
Treasurer's
Interest
Pending—The
said to have approved a
calling for
on
2,000 to the amount of $1,000,000
par value.
Issue of Oct. 1, 1936,
Due Oct. 1, 1944 to 1956.
Payable
larger than the
for
is
Oct. 1, State of Maine
Improvement bonds Nos. 1,001 to
payment
Issuance
2
Municipal Finance Commission
(State of)
f
Bond Called—It is reported by
Joseph M. McGillicuddy,
State
an
-
Abandonment of Tax Levy Seen
from
Maine
"
collections
Commonwealth
showed
,
KANSAS
to accrue on
cease
called
MAINE
July Gas Tax Receipts Increase
projects
♦
bonds
77/V;;7;7A'
7:;7;
underwriting „ex-
cases
7 7
,,
I'Oj
.
th,e tbonds wjll- be paid, by the
purchaser.
Enclose
a
certified
check for $500, payable to the
Township Treasurer.
V
A.
$70,000 refunding bonds to
White
Phillips / Corp. ; of
986, a decline of 15.6%, Compara¬
penses; for road • construction and Davenport, as l%s,as noted Here tive figures op the Eggner's Ferry
repair and for meeting payments —V. 158,, p. 726—if is now stated and
Catlettsburg-Kenova, bridges
on emergency relief bonds. ; •••
by the District Secretary that the were not included r in the
;
?
for
used
redemption date.
Interest will
Kentucky
increase in July, com¬
served.
Enclose a certified check
pared
with
the
corresponding
for 2% of the par value of the
month last year, but toll bridge
bonds, payable t6 the Treasurer of
receipts turned downward, a re¬
the School City. X '
;,
• • / /••'
port
from
the
department
of
highways showed recently..
A;7 7;
IOWA
Collections of gasoline taxes for
Winfield Cons. Sch. Dist; (P. O.
the month aggregated $1,351,915,
V Winfield), Iowa
which was 0.9%
gasoline tax allotments normally
'are
;
The right to
7
,
no
bid for less than all of said bonds
obtained, from
Funds
war.
sur¬
!*
/
.
highest responsible bidder for
less than their par value, to
be determined by computing the
not
29.52%, reject
of
reduction
a
presentation and
upon
t
and maturing to Jan. 1,
1952.
the
,
j
993
•
,
5.6%, but
automobile traffic declined 17.6%.
With
approximately Truck traffic amounted to 40,188
$9,750,000 surplus in its general units in July, against 38,074 in the seven months of this
year totaled
bonds and certificates should be
fund, the State of Kansas, accord¬ 1942 month, and automobile traf¬
$47,863,426.01 as compared with delivered to
the
Detroit
Trust
ing to reports, may abandon its fic totaled 173,705 units and com¬
$46,596,379.74 for the same period
tax levy for that division. If this
Co,, Detroit, for payment. Inter¬
pared with 710,847.;,7;7.•{;-y..
in 1942 and $46,535,937.39 in 1941.
: provement work
est ceases on date called.
is accumulating move is actually carried out, it
7.
Toll collections from ten of the
for., the post-war. period.
When would be the first time the State 13 bridges declined in the month.
Lake Tp., Sch. Dist. No. 2, Mich.
MASSACHUSETTS
revenues from gas tax allotments had not levied taxes for current
These declines ranged from 19.1%
r
Sealed
Tenders
Invited^-Disrise again and when labor, equip- expenses in 82
Chicopee, Mass.
on
the Paducah bridge to 35.1%
years, it is said.
trict Secretary William H. GoodNote Sale—The issue of $300,Xment and materials are available 7 Officials at
Topeka are credited on the
—
,
■
-
normal
supply,.projects on a with the explanation, however,
extensive scale wilt be un~ that it is not likely that the State
dertaken by
Illinois cities and will be able to abandon the levy
counties."
>:■.
7 * :X;7' .• j for bonds to pay the bonus to vet¬
Cook
County
and
26
local erans of World War I and it can¬
in
very
'
-
Chi¬
including
municipalities,
cago, accounted for 52% of the
•decrease in the tax allotments for
■
Chicago's share
reduced
to
$1,938,679
half.
first
the
was
from
$3,073,675 in the first half
showed
County
Cook
1942.
of
allotments, or from $1,398,744 to
.;
$482,234 in the respective
•.: t
month periods. .
six-
shown
in
the
toll
000
from
receipts
willie will receive
offered
notes
awarded
to
the
Sept.
First
2
was
National
Bank of
Boston, at 0.49% discount.
21, 1943. 77
Dated Sept. 3, 1943.
Due on
tively.
7777::;;; '777: 77x7
Dec.
21, 1943.
Payable at the
The State highway department
the
Spottsville, Calhoun-Rumsey,
Livermore bridges, respec¬
and
Due Dec.
■
not
abrogate the levy for the edu¬
cational
institution buildings.
•7.xx777x
also
77:7
Ky.
•
'
Lancaster),
7'X ■ CX/V:;-
Bonds Offered to Public
Bankers
Bond
Co.
of
released
a
First National Bank of Boston.
report, showing
the trend of
7
KENTUCKY
Garrard County (P.O.
proper
decrease of $916,510 in
a
Rockport project.; Increases
of 13.5%, 24.8% and 29.2% were
—
The
Louisville,
is offering for general investment
the following school building re¬
gasoline tax collec¬
tions and toll bridge receipts for
July, compared with the corre¬
sponding 19,41 month. In these re¬
spective
periods,
gasoline. tax
Walpole, Mass.
7
Notes Sold—It is reported that
$1,000 notes were sold on Aug. 19
at
discount.
0.40%
Due
on
Dec.
19, 1943.
Oct.
1, 1937, and refunding bonds,
Series A and B, dated Jan. 1,1937.
amount on hand for the re¬
The
tirement of the certificates of in¬
debtedness is
000
approximately $10,-
and for retirement of refund¬
ing bonds is approximately $5,000.
Offerings should be firm for
two days.
'7"
v
Monroe
collections declined 5% to $1,351,915
from
$1,423,164,
and
toll
bridge receipts receded 31.1%
'
-
County (P. O. Monroe),
.7V-7V.77;
MICHIGAN
sealed tenders
until 8 p.m. (EWT), on Sept. 16, of
certificates of indebtedness, dated
Mich.
Sealed Tenders Invited—In pur¬
to
Berlin Tp., South Rockwood Spec. suance to Section 8, Act No. 13,
funding bonds aggregating $61,- $74,281 from $107,838.
7,7 Assmt. Water Dist. (P. O. New¬ Public Acts of Michigan, 1932, as
O. Joliet), III* ooo: 7:7,7 7 777'7777;:777A/777:
Letcher
County (P. O. Whitesamended, F. E. Gillespie, Clerk of
port), Mich.
Bond Issuance Pending — The
$20,000 2%% revenue bonds. Due
Bond Offering—Sealed bids will the Board of County Road Com¬
77/77: 77 burg), Ky. ./;/7: 77777.
Board of Park Commissioners is
7 ;; $4,000 from Sept. 1, 1944 to
Bond Call/ It is reported by be received until 10 a.m. on Sept. missioners,
will receive
sealed
said to have decided to issue $20,7 1948 inclusive. '
7
Harry R. Lynn, State Local Fi-. 7, by Leo ' Emerick, X Township tenders of the following coun¬
C00 park improvement bonds.
20,000.2%% revenue bonds. Due nance
refunding
bonds,
Officer,; that 4V2%, 1940, Clerk, for the purchase of $42,- ty,, highway
$4,000 from Sept. 1, 1949 to
Refunding bonds Nos. 231 to 234, 823.85 water supply bonds. Inter¬ dated March 1, 1939, on Sept. 15,
:x:x.7v7::% INDIANA
■
1953 inclusive.
at
10 a.m.
242, 245 and 246, and 278 to 280, est rate is not to exceed 6%, pay¬
(EWT), aggregating
./-'/•'V-'
Elwood, Ind. /.'-'X-X:
21,000 3% revenue bonds. Due in
Denom. $1,000,
$100 denominations, and Nos. able M-S.
one $21,000:
777 7:7vvy7v77:,v;7-:/;:
on Sept.
Bond Sale — The $16,972 semi¬
1: $4,000 in 1954 to 235 to
for ,$823.85.
238, 240, 243, 244, 253 and
Dated Sept. 1, 1943. Ast.
Amount
Rate of Matur'g
annual judgment funding of 1943
1957, and $5,000 in 1958.
258 in
$500 denominations, are Due Sept. 1, as follows: $3,000 in Dist. Par Value
Interest
May 1
bonds offered for sale on Aug. 31
Dated Sept. 1, 1943.
Principal called for payment on October 1, 1944 and 1945, $4,000 in 1946 to 52
$2,000
21/4%
7 #46
—V. 158, p. 726—were awarded and interest
(M-S) payable at the at the Continental Illinois Nation¬ 1948, $5,000 in 1949 to 1952, and 55
2,000
21/4%
71946
to the City Securities
Corp. of County Treasurer's ofice. Legality al Bank & Trust
Co., Chicago.
$4,823.85 in 1953. The bonds will 56
1,000
21/4%
1945
Indianapolis, as l%s, according to approved by Woodward, Dawson
be subject to redemption prior to 57
Dated April 1, 1940.
Interest
1,000
21/4%
1946
the City Clerk-Treasurer.
Dated & Hobson of Louisville. The ceases on date called.
maturity
in
inverse
numerical 59
7
1,000
21/4%
1945
Sept. 15, 1943.
Due in 1956 to bonds are payable solely from
order on 30 days' published notice 60
1,000
21/2%
1948
1960 inclusive.
and
secured
by
an
exclusive
at the option of the Township on 62
LOUISIANA
1,000
2y4%
1945
Second best bid was an offer
pledge of the gross income and
any one or more interest payment
63
1,000
2Vz%
1947
New Orleans, La.
for i%s, tendered by the Fletcher revenues derived
by lease of said
dates on or after Sept. 1, 1944, at 64
5,000 '
214%
1945
Bond Call—It is stated that J.
Trust Co. of Indianapolis.
property on a yearly basis to the
par and accrued interest.
No bid 65
•
1,000
21/2%
1947
S.
.
.
Joliet Park Dist. (P.
r
'
77:7^7^
■
'
:
.
,
Gary
(P.
City
School
O. Gary),
Ind.
.
Bond Offering—Sealed
bids will
(CWT),
be received until 7.30 p.m.
Sept. 14, by Cloyce A. Bowers,
on
County Board of Education by the
County Fiscal Court, at an aver¬
age
is
anual, rental of $6,500, which
to
pay
all interest
principal on this bond when
sufficient
and
due, and also all
Cave,
Commissioner of Fi¬
is calling for payment at
the redemption price of 105% of
the principal amount thereof/to¬
gether
with
accrued
interest
thereon,, on Oct. 1, out of moneys
in
the
Interest
and
Sinking
Funds,
Public
Belt
Railroad
Bridge Revenue bonds issued un¬
maintenance and
Board of Trus¬
insurance costs on the building.
tees, for the purchase of $100,000
The County Fiscal Court, as long
refunding bonds.
Interest rate is
as
any of these bonds are out¬
not to exceed 3%, payable A-O.
der indenture dated Oct. 1, 1932,
Denom. $1,000.
Dated Oct. 1,1943. standing, agrees to perform all as amended by supplemental in¬
duties imposed on it by the Con¬
Due on Oct. 1, 1958.
Said bonds
dentures dated June 1, 1933, and
stitution ahd the Statutes.
The
are being issued to pay the princi¬
Oct. 1, 1935, respectively, aggre¬
State Board of Education must
pal amount of outstanding bonds
gating $30,000 bearing the follow¬
Secretary of the
School
the
of
City
which
will
Oct.
1,. 1943, and said
Refunding bonds shall be de¬
livered only as. like par principal
amounts of said
original bonds
mature
oh
paid and cancelled. The bonds
are
being issued^ subject to the
approving opinion of Chapman &
Cutler of Chicago, and all bids
are
must be
proval.
conditioned
Such
the
bonds
School
shall
such ap¬
approving
will be furnished
of
on
at the
City.
be
opinion
expense
The printed
furnished
by the
purchaser at his own-expense. All
the yearly budget of the
County Board of Education.
approve
ing numbers following the prefix
"M":
5212
5214
5215
5220
5245
5247 5262 5264 5281 5286 5320 5322
Hazard, Ky.
Refinancing Proposals Sought—
The city is seeking proposals from
5398 5406 5445 5468 5474 5517 5522
interested parties to
5543 5545 5551
act
as
fiscal
agent for it in the handling of re¬
funding bonds. The City of Haz¬
ard will receive proposals for re¬
financing general obligation bond
issues
follows:
as
Waterworks
dated Jan.
1,
$59,000
4%
refunding
bonds',
1942, and maturing
serially to Jan. 1, 1957; $38,000
4% Sewer refunding bonds dated
for less than all of the bonds will
nance,
5325 5328 5331 5356 5364 5380 5381
Said
bonds
principal
National
trustee,
5578.
are
office
Bank
or,
payable
of
at the
Hibernia
New
in
the
Orleans,
at the option
of the
respective bearers, at the Chemi¬
cal
Bank
&
Trust
agent, New York,
cipal
office
of
Trust
Co.,
70
be in
multiples of xk of 1%. Prin¬
cipal and interest payable at the
Newport State Bank, Newport.
The principal and interest of said
bonds are payable solely from the
special assessments levied for the
retirement
thereof, and the bonds
issued pursuant to the pro¬
are
visions of Act No. 116 of the Pub¬
lic
I
Acts
of
the
1923, as
72B
bidder
whose
lowest interest
bid
produces
to the Town¬
ship after deducting the premium
offered, if any. Interest on prem¬
ium will not be considered as de¬
the bond
Sept.
7,
1943, to maturity dates in de¬
termining the interest cost there¬
upon
Bids
the
tendered, stipulating the
shall
be
unqualified
conditioned
be
considered.
Oakland
opinion
.
County (P. O. Pontiac),
Mich.
Sealed
Board
of
sioners
ders
Tenders
■
Invited
County Road
will
until
receive
sealed
ten¬
13, at 10 a.m.
(EWT), of highway improvement,
(Covert) refunding bonds, dated
1,
1935,
and
Information
available
may
be
NoV.
due
as
had
to
1,
funds
upon
re¬
quest to the Board of County Road
Commissioners.
of
New
opinion and the cost of printing
be received until 8 p.m.
agent,
The
—
Commis¬
Sept.
Manufacturers
fiscal
at the prin¬
to
sinking fund.
No tenders at
prices above par and interest will
Wakefield
Co.,»
same
the
1958.
from
••
lowest price at which the owners
Nov.
computed
1948
1947
1947
shall fully describe
of such bonds will sell the
will
on.
2V2%
All tenders
ductible in determining the net in¬
terest cost.
The interest on bonds
be
2V2%
2V2%
Award will be made to
amended.
the
Michigan of
2,000
2,000
1,000
Miller, Canfield, Paddock & Stone,
of Detroit, approving the legality
of the bonds.
The cost of such
or
paying
68
Rate of interest to
be considered.
Tp., Sch. Dist.
Wakefield), Mich.
(P.
O
Note Offering—Sealed bids will
(CWT),
on
j
994
V
...
i
Sept. 9, by Marie G. Manley, Sec¬
retary of the Board of Education,
for the purchase of
exceed 5%
$49,600 not to
tax anticipation notes.
Dated
Aug. 25, 1943. Due on Jan.
1944.
The
notes
will
be
15,
awarded to
the bidder whose
bid
St. Louis County
premium offered, if any.' -No pro¬
posal for less than all of the notes
considered.
be
..
Warren Tp.,
Sch. Dist. No. 5, Mich.
Board
the
purchase of $120,000 refund¬
Ihe
,
,
>
Monday, September 6, 1943
.
licenses and City Court; fines were
sold
100.276,
materially
fering to
auto
Orleans, at a price of
basis of about 2.975%:
a
bonds.
Due
on
Dec. 1 in 1947
to 1962 inclusive.
1
bonds.
Due
on
Dec. 1 in 1947
1962 inclusive.
:
'
bonds.
Due
on
gasoline tax.
Bond Election
that
report
'
held
the
to
of
bidder
bidders of¬
or
pay
$1,000 the par value of the bonds
hereby offered for sale. In addi¬
the
to
price
bid,
the
pur¬
will
be
chaser must pay accrued interest
at the rate borne by the bonds
from the date of the bonds to the
date of
the payment
Sept. 7 to havd the voters
on
lowest rate
same
therefor the high-1
est additional price, which price
shall not exceed by more thah
tion
election
an
bonds at the
interest, then said bonds will be
,
City Clerk F.
—
E. Rosback confirms the tentative
Dec. 1 in 1947
1962 inclusive.
to
year,
Springfield. Mo.
,,
64,000 Supervisors District No.'3
j
lower' this
minor
•
:
•i
various
and
auto license fees and
48,000 Supervisors District No. 2
to
licenses^ gasoline tax;
licenses
Mr.
Nolte said he saw no hope of them
expanding until the war ends. He
anticipates continued decrease in
$39,000 Supervisors District No. 1
on
p.m.
v. vt»
*
j
old of New
V
by A. H. Stevens, Clerk
of Education, for
7,
Sept.
of
vr
•
until '7:30
received
«
merchants'
Iron), Minn.
Bond Offering—Sealed bids Will
be
7 r r
000, have been purchased by a
syndicate headed by Weil & Arn¬
Independent Sch.
(P. O. Mountain
No. 21
Dist.
.» 4
„
.
$600,000 refunding bond issue.
a
S-
i
<
Sept. 17, at 10.30 a. m., an issue
of $400,000 public relief bonds,
and the City Council will also of¬
fer on the same date, at 9.30 a. m.,
produces the lowest interest cost
to the district after deducting the
will
THE COMMERCIAL & FINANCIAL CHRONICLE
.
,
of the pur¬
chase price. The bonds have been
44,000 Supervisors District No. 5
is not
pass
on
the issuance of $50,000
authorized pursuant to the Local
bonds.
Due on Dec. 1 in 1947
exceed
Merle Tyler is calling for payment to
2%,
payabe
A-O.
bonds for memorial construction
Bond Law of the State and will
to 1962 inclusive.
on
Oct. 1, refunding 1940 bonds Dated Oct. 1, 1943. Denomination
purposes.
be
general
obligations
of
the
Nos. 176 to 195, to the total par $1,000.
Due Oct. 1, as follows:
MISSOURI
Borough payable from unlimited
MONTANA ;"
value of $20,000, plus accrued in$20,000 in 1945, $25,000 in 1946,
ad valorem taxes.
Bids are de¬
$30,000 in 1947 and 1948, and $15,- Locust ,Creek Drain. Dist. (P. O. Flathead and Lake
Counties, Joint sired on forms which may be ob¬
Hate of interest to
Dated Dec. 2, 1940.
Linneus), Mo.
Due Oct. 1, 000 in 1949.
School Dist. No. 38 (P. O.
tained from the above Treasurer,
1955.
be in multiples of lk of 1%, and
Additional
Information
In
Bigfork), Mont.
| The legality of the issue will be
Said bonds should be presented must be the same for all of the connection with the sale of the
Bonds Not Sold
It is stated examined
by Caldwell, Marshall,
to the Detroit Trust Co., Detroit, bonds.
Principal
and
interest $102,000 4% semi-annual refund¬
by
District .Clerk
Gertrude Trimble & Mitchell of New York,
for payment.
Interest ceases on payable in lawful money at such ing bonds by the RFC to the
Jaqueth that the 12,000 not to ex¬ whose approving opinion will be
Oct. i.
bank or fiscal institution in the
Scherck, Richter Co. of St. Louis, ceed 3% semi-annual refunding
Call—District
Bond
Secretary
Interest rate
bonds.
ing
—
—
■
of
State
Wayne County (P. O. Detroit),
Airport
Proposed—It
Bonds
John
C. Lodge, President of the Detroit
City Council, that bonds be issued
by >the above county as a means
of financing adequate airport fa¬
suggested
was
cilities
for
the
that Wayne
iest
stated
He
area.
assessed
an
by
County is the wealth¬
in the United States,
county
V with
recently
of
valuation
than $3,300,000,000, while its
debt is "infinitesimal"—
more
bonded
than
less
bond
build
it, and
issue
and
issue
for
airport,
off both bond
pay
interest
taxpayers
had cost them
an
without
the
that it
realizing
even
dime.
a
The proposed project would call
for a serial bond issue to run for
15 years with interest at 2%.
The
capita amount levied against
per
shall
as
be
taxpayers each
be only a matter of
credit
and
faith
the
of
District
pedged for the payment of
and
interest on said
are
principal
shall
favorable
most
The
bonds.
considered
be
bid
that
be
to
complying with the terms of the
notice of sale and stating the low¬
est rate of interest with the high¬
premium.
The District will
the aproving legal opin¬
furnish
ion
of
Gillette, Nye, Harries &
Montague
of
Duluth,
without
charge to the purchaser, and will
have the bonds printed and ex¬
,
ecuted at its
own
bidder
when
will
be
they shall be ready for de¬
The place of delivery will
Frist National Bank,
livery.
be
expense as soon
the
at
Lodge
said
project
the
because of the
of
city's bonded debt
amount of bonds bid
:;Vr-
/
Adams
Sale
Bond
Details—It
is
now
reported by W S. Campbell, City
iClerk, that the $44,000 airport
construction
bonds
sold
Park-
to
Shaughnessy & Co, of St. Paul, at
net interest cost of about 1.31%
,
noted here last January, were
purchased at par, divided as fol¬
lows: $21,000 as 2s, due on Jan. 1;
$2,000 in 1946 to 1952, $5,000 in
1953, and $2,000 in 1954, the re¬
maining $23,000 as Is, due on Jan.
1; :$3,000 in 1954, and $5,000 in
as
1955
1958.
to
Crow Wing County School District
No. 66 (P. O.,
Jenkins), Minn.
Bonds Offered—Both sealed and
oral
bids were received on Aug.
28, at 8:20 p.m., by Mildred Beggs,
Clerk of the Board of Education,
for^ the purchase of $25,500 not
exceeding 6% semi-ann. refund¬
ing bonds. Denominations $1,000
and $500.
Due on Sept, 1 as fol¬
$1,000 in 1944 to 1948; $2,000,
1949 to 1952, and
$2,500 in 1953
to 1957.
All bonds maturing in
lows:
1954
and
able
at
on
and
int.
suitable
any
pany
accrued
payment date.
(M-S) payable at
bank
or
trust
com¬
Floodwood, Minn.
Bond
will
Offering—Village
receive
sealed
bids
-
Clerk
until
8
Sept. 15 for the purchase
$44,000 funding and refunding
bonds.
Village will furnish the
p.m. on
of
bonds and
approving legal opinion
of Dorsey, Colman, Barker, Scott
& Barber of Minneapolis, at its
own
for
expense.
$1,000
A
must
certified
check
accompany
the
bid.
Bond Offerings — It is stated
by O. J. Turner, City Comptroller,
that
14 for the
exceed
to
the
Taxation
Board
will
of
offer
Estimate
for
sale
and
on
purchase of $30,000 not
1%% interest airport
Dated Sept. 15, 1943.
De¬
nomination $1,000.
Due Sept. 15,
bonds.
follows:
from 1944 to
1946 incl.; $3,000 in 1947 and $4,000 from 1948 to 1953 incl.
Op¬
as
tional
on
$1,000
any
interest date at
and accrued
interest, plus
ium
on
now
bonds
offered
not sold
as
June
on
bids
no
were
15,
were
received.
Montana
to
par
a prem¬
$6,000
in
$7,000
1968,
in
1964,
in
1969,
1965
and
to 1970 redeemable at par
as
to
1966
fund
plus ac¬
follows:
Board
the
Examiners
of
bonds
funding
State as of next Jan. 1.
of
amount
will
be
Board
made
bonds
to
—
to
of
re¬
the
The total
be
refunded
$2,401,000.
As yet,
of
Examiners
have
the
not
plans toward advertis¬
any
ing for bids and, perhaps, will not
much before October.
so
Authorized
—
Offset ordinance calling for the issuance
Declining Revenues—Comptroller of $79,000 ll/z% refunding bonds.
Louis Nolte recommended on Aug.
Consumers Public Power Dist. (P.
26 the re-enactment of a two-cent
to
O. Columbus), Neb.
^
—
<
»
158, p. 623—were awarded to Boland, Saffin & Co. of New York,
1.70s, paying a price of 100.08,
as
basis
a
of
1952
1944
to
bid
Dated
1.68%.
about
Sept. 1. 1943.
Due
on
incusive.
received
was
Sept. 1 in
The next
an
offer
l%s, tendered by M.
Freeman & Co., followed by
West
the
The
City
Council is said to have passed an
Louis, Mo.
J.
The
$17,500 semi¬
annual street improvement bonds
offered for sale on Aug. 27—V.
M.
Neb.
Beatrice,
Bonds
Newark, N.
Bond Sale
of 100.13 for
NEBRASKA
St. Louis.
Advanced
East
V
best
do
Principal and interest pay¬
able at the St. Louis Union Trust
Proposals
thereafter as they
Enclose a cer¬
be prepared.-
of bonds bid for, payable to the
Borough Treasurer.
-
1945.
St.
Sept.
The
Pending
Issuance
State
maturing April 1,
Co.,
soon
on
tified check for 2% of the amount
Bond
$6,000
1966 and 1967,
optional April 1, 1955; $6,000 ma¬
turing
April
1,
1968,
optional
April 1, 1951; $5,000 maturing
April 1, 1969, optional April 1,
1946, and $2,000 maturing April 1,
1969 and 1970, optional April 1,
crued interest
as
or
The
Borough.
delivered
be
following
information
was '% re¬
leased recently by William Hosking, State Accountant::
"The Legislators authorized the
$2,000
Bonds maturing in
1970.
20,
can
(State of)
by the
bonds will
of
National Bank
Hudson
Harrison,
offering
100.05
for
1.90s.
Long Branch, N. J.
Bond
ann.
Sale—The
street
$37,500 semiimprovement bonds of¬
cigarette tax and the issuance of
fered for sale on Aug. 31—v. 158,
Bond
Call—It
is
stated
that
about $7,500,000 in war emergency
727—were awarded to B. J.
Charles B. Fricke, President of p.
bonds, to counter the city's in¬
Van Ingen & Co. of New York, as
the Board of Directors, is calling
creasing operational costs and its
for payment on Oct. 1, at par plus 2.20s, paying a price of 100.28, ,a
declining revenues.
The issuance
basis of about 2.15%.
Dated Sept,
3%
premium payable upon re¬
of the. proposed bonds would make
1, 1943. Due on Sept. 1 in 1944 to
it necessary to extend collection demption and accrued interest to 1953.
The only other bidder was
said
date
of
redemption, from
of tolls on the MacArthur Bridge
Boland, Saffin & Co., offering par
moneys in the Sinking Fund ac¬
for 10 years. /.'•
for 2.30s.
•
,*
count of the McCook Division, of
Following a meeting of the City
Consumers
Public
Power
New Jersey (State of)
Dist.,
Board of Estimate and Apportion¬
$15,000 Consumers Public Power : Appeals Voiding Of Compro¬
ment,
to
which he made
his
Dist., McCook Division Revenue mise Rail Tax Laws — The Court
recommendations, Mr. Nolte sug¬
bonds, dated April 1, 1941, matur¬ of Errors and Appeals, New Jer¬
gested that Mayor Kaufmann con¬
sey's highest tribunal, was asked
vene
the Board of Aldermen in ing April 1, 1966.
.
Said bonds will be redeemed on
special session to consider the pro¬
posals.
Mayor Kaufmann subse¬
quently told the press he was im¬
pressed
the
by
recommendations
consideration
date called at the Chemical Bank
& Trust
the
Comptroller's
National
Bank
&
Trust
and would give
to his suggestion
Co., New York City, or at
American
First
of
Co., Chicago, 111., or at the
Co., Lincoln, Neb., at
option of the holder, upon
Trust
Aug. 31 by counsel for the State
Treasurer; to set aside a Court
of Chancery decision
holding
un¬
constitutional the laws of the 1941
and
1942
fecting
a
legislative
sessions ef¬
of delin¬
compromise
the
quent railroad tax obligations.
special aldermanic session.
presentation and surrender of said
These
laws canceled $24,000,Mr. Nolte pointed out that under
bonds, with all unmatured cou¬ 000 in
penalties and interest on
(M-S) payable at the Britton and the new compensation plan wage
pons attached.
The numbers of taxes
remaining unpaid for almost
Koontz National Bank, Natchez. increases granted city employees
the bonds called appear in the of¬
a decade and also granted to the
added
more
than
$80,000
The bonds will be full faith and have
ficial notice in another column of
|
railroads the privilege of paying
monthly payroll accounts and Re¬
credit obligations of the county.
this issue.
Interest ceases on date
the principal of $34,000,000 in in¬
quire more than $960,000 revenue
called.
Chickasaw County (P. O. Houston),
stalments over a period ranging
annually. ■ ,:.v:
:
Miss.
V
Increments granted under the
NEW JERSEY
up to twenty years.
Bond
Sale Details—The Clerk
pay ordinance were studied and
Another provision of the legis¬
of the Chauncery Court now re¬
Allenhurst, N. J.
were
followed by another check
lation establishing a new system
ports that the $92,000 4% semi- of salaries
Bond Offering — Sealed bids
resulting in considera¬
of taxation in which earnings are
ann. refunding bonds
sold to M. tion of further increases totalling will be received until 3 p. m.
a factor in the
establishment of
A. Saunders & Co. of Memphis, as
$363,588 a year for employees (EWT), on Sept. 14, by B. H. valuations was not involved in the
noted here last Mayi were pur¬
making less than $300 a month, Morris, Borough Treasurer, for
litigation. '
' v.Jy-.
chased at par and mature in 1954
whose salaries were not increased the purchase of $24,500 coupon or
to 1956.
The
constitutionality
of
the
under
the
compensation
plan. registered Consolidated Improve¬
of
1%
called.
amount
Principal
of
and
bonds
a
interest
.
■
Natchez,
Bond
Conner,
City
Both
Miss.
Offering
Audley B.
Clerk, will receive
Nolte
—
sealed bids until 4 p. m. on
Sept.
14 for the purchase of
$30,000 not
ment of 1943 bonds.
Mayor Kaufmann and Mr.
expressed desire to grant
is not to exceed
can
2%
from 1944 to 1946
in
1947
1953
interest
interest,
on
and
$4,000 from 1948 to
Optional on any
inclusive.
date
plus
at
a
par
and accrued
premium
amount of bonds called.
$2,000 in 1955 to 1958. Rate of in¬
terest to be in a multiple of %
or
one-tenth of 1%.
Principal
bonds will be
are
new
revenue
and interest
No
mandatory to offset these in¬
creases
deficit
of
1%
Prin¬
full faith
and
obligations of the city.
payable at the Allen¬
& Trust Co.
hurst National Bank
measures
proposal
will
be
considered
higher than
the lowest rate at which a legally
for
and the
anticipated budget
resulting from decreased
bonds
at
a
laws
was
attacked
in
chancery
proceedings; initiated by Attorney
General David T. Wilentz, and in
a
decision recently Vice-Chancellor Wilfred H.
cancellation
of
Jayne held that
interest
and pen¬
charges constituted a viola¬
tion of the provision of the State
Constitution restraining a gift of
public funds to a private citizen
or corporation.
alty
rate
NEW YORK
proposal is received.
Albany, N. Y.
$
Mr. Nolte pointed out that ap¬ As between proposals at the same
Assessment Methods Subject Of
lowest
interest rate,
the bonds
propriations at the beginning of
Investigation—Governor Dewey's
the fiscal year did not take into will be sold to the bidder or bid¬
administration on Aug. 30 opened
consideration salary increases. He ders offering to pay not less than
an
investigation into real estate
further noted that the Comptrol¬ the principal amount of $24,500
acceptable
revenue.
cipal and interest payable at the
City Bank & Trust Co., Natchez.
The
declared
Dated Sept.
.1943.
Due on Sept. 1 as fol¬
lows:
$1,500 in 1944 to 1954, and
1,
be found.
interest
inclusive; $3,000
Interest rate
6%, payable M-S.
Denomination $500.
these additional increases if funds
An annual payroll increase to¬
taling $1,325,000 would result from
airport
adoption of the suggested addi¬
bonds.
Dated Sept. 15, 1943.
De¬
tional
increases, together with
nomination $1,000.
Interest M-S*
those already approved. Mr. Nolte
Due Sept. 15, as follows:
$1,000
exceed
credit
Minneapolis, Minn.
Ab¬
P.
bott, Chancery Clerk, will receive
bids until 3 p.m. on Sept.
to
designated by purchaser.
;';iV
sealed
interest
interest
any
Prin.
and
Natchez),
Offering—Walter
thereafter will be call¬
par
O.
/' Miss.
'
•,
Alexandria, Minn.
(P.
County
'<
Bond
,
-v—
MISSISSIPPI
$24,000,000.
MINNESOTA
a
for, payable
the District.
to
1961
and the succesful
notified by mail
practicable,
as
year
would not be feasible for Detroit
furnished
is
April, it
bid, or, in the event of April 1, 1937, in the denomination
so
designate the place' of $1,000, and mature April 1, as
of payment, then to the First Na¬ follows:
$3,000 in 1947 to 1953,
tional Bank, Virginia.
The full $4,000 in 1954 to 1960, $5,000 in
be noticed.
Mr.
last
to
Virginia, or any other bank in the
would
State designated by the purchaser
a few cents,.
in his bid.
Enclose a certified
Mr. Lodge said, and would never
check for 2%
of the principal
even
the
here
noted
reported that the bonds are dated
der in his
failure
est
$1,000,000.
According to Mr. Lodge, Wayne
County could float a $20,000,000
serial
Minnesota,
designated by the successful bid¬
Mich.
ler's report, covering the first four
monthg of the fiscal year, disclosed
a decrease of
Indianola), Miss.
$605,000 in receipts
Bonds Sold—It is stated that the as compared with corresponding
following 3%
semi-annual
re¬ period last year.
Pointing out that receipts from
funding bonds aggregating $195,-
and
Sunflower County (P. O.
accrued
interest,
■
and to ac¬
taxing methods of Albany, strong¬
hold of the O'Connell Democratic
least amount of
organization.
bonds, the bonds to be accepted
The inquiry, under supervision
being those first maturing, and if
of State Tax Commissioner Rollin
two or more bidders offer to ac¬
Browne, was promised by Mr.
cept the same least amount of
cept therefor the
Volume
THE COMMERCIAL & FINANCIAL
Number 4209
158
Dewey in his campaign for Gover¬
last
nor
'
v
/
m
:
Mr, Browne denied the investi¬
gation
year.-;
had
routine
political signifi¬
was
merely- a
any
said
and
cance
,
it
He
matter.
that
added
Albany
city officials had been
subpenaed to the hearing because
terest
the opinion of counsel,
to
accounts.
/
.
..
Prior to the
opening of the hear¬
dispute
arose
between
the Tax Department and city of¬
ing,
whether the
over
sessment
duced
books
the
at
Albany
1943
would
be
session.
-
,
;
Corporation
officials
ready to "co-oper¬
were
ate in all
except the production of
the 1943 assessment books, which
belong to the property owners and
nobody else."
(P. O, Ashe-
County
Debt
bonded
Greatly
indebted¬
of the above city and county
has been reduced by $7,458,839.57
since July, 1936, when the Sinking
Commission
Fund
was
organized,
reports Curtis Bynum, commission
It
secretary.
the
was
"Asheville
on
also
stated
by
the
Citizen," that
Aug. 24 cremated
bonds of various issues aggregat¬
—
It
is
reported
by Rosalind G.
Baldwin, Secretary, that Frank C.
Moore, State Comptroller, issued
order
1
/•;//; ville), N.C.
City and
Reduced—The
commission
.
Buffalo, N. P.
Refunding Bonds Approved
*
!
ness
Counsel
amount.'
or
Buncombe County
as¬
pro¬
James J. McGuinness said the city
+
rate^
a
ficials
bonds and interest
without limitation as to
thereon
-
.
be necessary
as may
the
pay
ing over $1,000,000.
County 40-year bonds have been
bought at an average price to date
of
$363.60
per
thousand-dollar
city general 40-year
bonds have ; been
bought at #n
average price of $365.
These two
in
the
fiscal
year
commencing
July 1, 1943.
Due on July 1 as
follows: $400,000 iu 1947 to 1951,
issues
and
able
prices
have
been
on
,
$500,00 in 1952 and 1953.
New York (State of)
,
Municipal
Accounts
Auditor
Appointed—It
was
nounced
on
an¬
Aug. 27 by Frank C.
Moore, State Comptroller, that he
had appointed Raymond V. Ellis
of
Rochester,
Accounts
Chief Municipal
as
Auditor./
Mr.
Comptroller of
now
Ellis
is
the
City of
»Rochester, having been appointed
to that position in 1940. / Prior to
that time, he spent 20 years in the
field of auditing and
the
constitute
total
accounting.
three-fourths
of
debt, it is reported.
which
at
the
bonds
bought were in
through the
part
possible
Company in 1938 of county
and city bonds with a face value
of $4,069,000.
These bonds were
bought at a time when the mar¬
ket price was low.
Since then the
the governmental units of ap¬
market prices.
Division of Municipal
/
proximately
three-quarters
dollars
The
under
figures
of
a
prevailing
released
by/. Mr.
primary duty will be the adminis¬
Bynum represent transactions up
tration of modernized methods of
to
said: "Mr. Ellis'
long experience in
accountancy, both pub¬
lic and private, and his splendid
record as Comptroller of the City
of
Rochester, ideally equip him for
the position to which he has been
appointed:"
'•
"
1
•
.
Mr. Ellis' annual salary as Chief
Municipal Accounts Auditor will
be $8,000.'.. He will resign his pres¬
ent post on Sept. 1, to assume his
duties
with
V ;
Moore.
Mr.
Tonawanda,
Bond
Sale—A
N.
sale
Angola,
price of
1.40%.
on
100.50,
as
a
j and
was
National
IV2S, paying a
basis of about
1943.
Due
follows: $3,000 in 1944,
1945 to 1955, incl.
as
$2,000 in
i> Prin. and int. (J.-J.) payable at
*the City Treasurer's office, or at
the
Marine-Midland
Trust
Co.,
;
New York;
j
,;/'\■/ //
Second highest bid
{ >
June 30
Bonds
was
joint
a
1
&
Co.,
of
for
100.31
Vi% bonds. \
Yonkers, N.
Certificate
.
stated
by
that
he
until
noon
chase
Offering
the
will
of
It
is
City
Comptroller
sealed
bids
Sept. 8, for the
pur¬
$600,000
certificates
Aug.
24
/
^
Local
Tax
School
Dis¬
reduction
of
the
county debt since 1936
down
follows:
as
city
was
and
broken
/.'■.■■'■/: •/-:
County
Total, $7,458,839.57. /■//
North
Carolina
(State
of)
County Refunding Bond Yields
Available—R. S. Dickson & Com¬
Inc.,
has
just
prepared
a
booklet of tables of yields and val¬
on
various lower grade North
Carolina
bearing
Such
pany,
Blowing Rock, N. C.
County refunding bonds
graduated
statistics
are
rates.
coupon
presented
Inc., Charlotte, N. C.
on
.;
Raleigh, N. C.
Bonds
Bonds Purchased From RFC—It
Authorized
is stated that R. S. Dickson & Co.
Council
of
—
the
purchased
Reconstruction
Corporation
a
recently
Finance
block of $58,000 4%
semi-ann. water, sewer and street
improvement bonds.
Dated Oct.
1.
1938.
Due
Oct.
1,
as
of the
is
td
exceed
14 of 1%,
'2%%,
1953.
No
for
bid
than
less
and accrued interest will be
sidered.
These
bonds
tional
bids
said
to
have
passed
$100,000
,
refunding; $10,000 sani¬
tary department motor vehi¬
cles;
$10,000 street improve¬
$5,000 police com-
ments and
■
munication system bonds.
bid
bonds
Code
ion
of
Scott
both
without
chaser.
for
approving opin¬
cost
Enclose
a
the
to
the
Ohio
to
the
refund
like
District
The
pur¬
formerly
was
Rural
approving
School
opinion
Shaffer & Williams of
will
be
furnished
of
ful bidder without cost.
V
certified
check
for
Peck,
Cincinnati,
the
to
the
District.
success¬
Enclose
1%
of
a
the
bid
for, payable to the
of Education, upon condi¬
tion that if the bid is accepted the
bonds
Barberton, Ohio
1
/
'
Election-—At
Bond
election
in
Board
the
November
general
the
voters
bidder
pass on a proposal to issue
$160,000 fire department bonds, it
•
V/> '/ /;/ //■•/:;/
will
receive
and
such bonds
as may be issued upon
Sept. 15, or within 7 days there¬
after, said check to be retained by
is reported.
the
Euclid, Ohio
Refunding
Bonds Approved—
Board
of
Education
if
said
said
to
have
(State of)
Reach $65,000,000
treasury
surplus
of' the
Surplus May
the city's application for the issu¬
ance of $290,000 refunding bonds.
—The
State
$58,801,000
year,
and may reach
by the end of the
H.
D.
Defen-
bacher said
Aug. 29.
The surplus was approximately
$45,000,000 at the beginning of
Stranahan,
The
the
of
the
successful
amination
fore
of
bidder for
said
Other awards included
$204,500
Hawley, Shepard & Co.; $156,Fahey, Clark & Co., includ¬
ing a block of $144,000 Akron City
School
District
4y2s of Oct. 1,
1943-47
at
a
price of 106.556;
$134,000 to Merrill Lynch, Pierce,
Fenner & Beane, and $128,500 to
to
000 to
J.
A.
White
requiring
the
blocks
of $40,000 Toledo 4V2's of
Sept. 1, 1945-46, and $30,000 To¬
ledo 4V2s of March 1,
1946, at
prices of 108.947 and 108.799, re¬
A total of 24 bidders
resented
of
about
reach
Ohio
Bonds
have
administra¬
During the first
$953,472
System
Awards
It is stated by
George M.
the
State
Teachers'
Retirement
System,
that
of
the
total
$3,364,933.30
various issues of Ohio municipal
bonds offered, the amount of $3,334,933.30 were awarded.
—
Pogue,
of
—
Secretary
Additional
364,933
of
improvement bonds. Dated
Sept.1, 1943. Due on Sept. 1 in
various
Ohio
1945
board
street
and
the
(State of)
Retirement
Ohio
Prin.
only
revenues
to
months they were
under the estimate.
Purchaser must pay
incl.
experts
radio
and
sharply into the
seven
Bonds
Authorized
The
City
Council is said to have passed an
ordinance calling for the issuance
of $2,928.52 3% special assessment
1949
financial
tion's estimates.
charges, if any, for delivery out¬
side the City of Columbus.
En¬
to
up
int.
for
of
*
of
awards
of
short-term
sale
the
the
bonds
$3,of
municipalities
by
the
put
retirement
State Teachers
Re¬
(M-S) payable at the office of the
tirement System of Ohio were re¬
Sinking Fund Trustees.
ported.
County (P. O. Elyria), Ohio
Pending—County
Auditor Frank Ayres is said to
have requested the County Board
tirement System
$337,000 City
of Cleveland obligations, bearing
this
time
market.
In
had entered the
January it took bids
$2,807,275 of securities it held
in
its
and in March it
$4,850,750 of its
portfolio
of
total
a
holdings.
Exhibited
Demand
Municipals
The
—
success
for
of the
demonstrated
that
keen demand for
Ohio
has
there is
a
municipals,
,
White's
for
index
20
Ohio
based on the bid side of
the market, has risen from a yield
bonds,
of 1.44%
last week to
1.42%
this
week, The yield on 10 high-grade
bonds is 1.23% against 1.25% last
week,
and
10 lower-grade
is 1.61% against
on
bonds the yield
1.63%
week.
last
,
,
City School Dist. (P. 0.
Parma), Ohio
Bond
Offering — Sealed
bids
will
be
received
until 7
p.ml
Parma
(EWT), on Sept. 14, by John H,
Wanek, Clerk-Treasurer of the
Board of Education, for the pur¬
chase of $42,000 2M>% refunding,
Series Z coupon bonds.
Denom.
$1,000.
on
Dec.
Dated Oct. 1, 1943.
Due
1 as follows: $10,000 in
1951, $12,000 in 1952, and $20,000
1953.
Bidders may bid for a
in
different
of
rate
interest
in
a
xk of 1%.
Principal
and interest payable at the Cleve¬
land Trust Co., Cleveland.
The
multiple of
tax
status
of the bonds
refunded
which will be assumed by
said Re¬
funding bonds is unlimited as to
amount of rate.
Proceedings for
of
authorization
bonds
have
the
above
issue
been taken under
the supervision of Squire,
Sanders
&
Dempsey of Cleveland, whose
approving opinion will be furnish¬
interest rates ranging from 4 to ed at the expense of the Board of
6% and due 1943-47, the largest Education.
Enclose
a
certified
individual
block
consisting
of check for $500, payable to the Dis¬
to issue $88.bonds, inside the 10-mill
limit, to finance re-appraisal of
real estate in the county.
$110,000 4s of 1944-45, for which
a price of 103.668 was paid.
The
firm also obtained blocks of $251,-
Village Sch, Dist. (P. O.
Mariemont), Ohio
Bond Offering—Sealed bids will
000
be received until
noon on Sept.
15,
by Lucia Hermanies, Clerk of the
Board of
Education, for the pur¬
the
following coupon
bonds aggregating $255,000:
$80,000 refunding, Series A bonds.
of
15, 1945
by
on
of
Bonds purchased by the invest¬
in
Due $8,000 from Sept.
to 1954 incl.
was
ment firm included
Commissioners
chase
of Lazard
the largest pur¬
account
chaser, obtaining $688,000.
Bond Issuance
000
The
Freres & Co.
Lorain
of
rep¬
accounts.
third
the
was
were
and award
divided
that the State Teachers Re¬
year
refrigerators,
failed
compliance
Hamilton,
different
13
This
sale
were
names, according
and
Company,
Liquor
be¬
1%
bonds
System
/ r/v/■/
However, he said, the tremend¬
ous increase in payrolls and a rise
in
prices of other commodities
have helped to keep the sales tax
dollars rolling in at a higher rate.
ex¬
certified check for
the
State's tax income.
with
offering. Bonds
will be delivered free of charge to
any bank designated in the City
a
for
the
and
the
sale during the past week by the
Ohio State Teachers' Retirement
stoves would cut
the terms of this
close
Co.
&
Goldman, Sachs & Co. obtained
Keen
growing financial reserve
rise in revenues
biles,
ap¬
transcript
consisted
sale
„
of
the
upon
for
offered
especially with new
to J./A: White
Cincinnati.
So
many dealers went away from the
>The finance director had figured
sale disappointed
over
the few
that gasoline rationing
and the
bonds they purchased, that bid
freezing of such heavy tax-pro¬
ducing commodities as automo¬ prices for Ohios have improved.
con¬
acceptance
Inc.,
administration's
nished the successful bidder at the
only
Legislature set aside
of the amount for a
had estimated.
authorizing,
advertising
and
awarding said bonds will be fur¬
th^
Co.,
This levy dur¬
ing the first seven months of 1943
produced $9,000,000 more than the
in multiples of % of/1%;
Principal and interest payable at
the County Treasurer's office.
A
complete transcript, of all pro¬
ceedings had in the matter of
,
&
individual items
$323,000,'
from the sales tax.
terest
on
Harris
seven
is the unexpected
State's
different rate of in-,
bonds bid upon
con¬
City of
Cleveland
2V2s of Sept. 1, 1944-47, which
went to McDonald-Coolidge & Co.
at a price of 103.786,
$18,000,000
ditioned
which
$320,000
post-war building program.
award, and bids
of
largest individual item of
92
1
bonds.
Coupon or registered
bonds, payable M-S. Denom. $1,000, one for $410.
Dated Oct. 1,
1943.
Due $410 March and $1,000
Sept.' 1, 1945, and $1,000 March
and Sept. 1, 1946 to 1953.
Bidders
time of the
17
of 1948.
bond
a
Company,
items totaling
largest
of
was
$90,000
Springfield
City School District 6s of 1945 and
1943 and the
responsible
the
was
Ohio
which
of
Largely
Inc.,
items
$80,000
Dayton
City1
District
4s
of
1944-47.
agregating
sold
Commissioners, for the purchase
$17,410 2y2% Sewer District No.
the
largest
purchased
$65,-
000,000
Director
C6.,
the
of
School
government has climbed to
Finance
&
of
16
obtain
$387,683,
sisted
Ohio
/
of
which
The State Board of Tax
.
Stuart
spectively.
condition is not fulfilled.
Appeals is
approved recently
Earlier
that the account
purchased
account
for
pay
Halsey,
1943-t48.
totaling $630,500.
Next largest purchaser
General
of
Plainville
certified check
OHIO
of
gross
delivery. Said bonds
Under
authority of
of
of
Said
$6,000, payable to the City.
;:///.;;/
All
number
outstanding issues of
school building bonds which have
been called for redemption and
are payable from unlimited taxes.
Colman, Barker,
of Minneapolis,
Barber
and
2293-6
amounts
City will furnish the
executed bonds for
Dorsey,
&
for
issued
are
au¬
Principal and interest
payable ' at the City Treasurer's
said issue and the
the
est to date of
1942.
and
state
of bid and accrued inter¬
amount
par
No condi¬
will be received.
bid
in
The
exceed
be in multiples of
multiples thereof, but
for a single rate of
each issue.
on
Section
printed
to
to
or
must
thorized at the November election
office.
not
must be
interest
con¬
were
is
rate
interest
bids
payable
A-O. Denomination $1,000. Dated
Oct. 1, 1943.
Due Oct, 1, as fol¬
lows: $25,000 in 1944 to 1947, $30,000 in 1948 to 1952, and $50,000 in
City
calling for the issuance
following bonds aggregating
$125,000:
follows:
$2,000 in 1944 to 1960, and $3,000
■in 1961 to 1968.
Principal and in¬
im¬
rate
Mariemont
The
ordinances
Charlotte,
not
of
the bonds bid for.
•;
Trom
airport,
Interest
School
cured from R. S. Dickson & Com/
CAROLINA
is
pur¬
bonds.
of Columbus.
District, $415,500; Special
School; Districts, $513,500; Sani¬
tary and Water Districts, $710,300.
had
1960,inch
3%, payable M-S. Denom. $1,000.
Dated Sept. 15, 1943. Rate or rates
29, at
$300,000
40-year, $2,736,123.34;
county Series 2, $128,652.50; Coun¬
ty Board of Education, $106,500;
city general 40-year, $2,134,487.57;
city
Series
2,
$46,021.41;
city
water, $610,004.75; city judgment,
$57,750;
Asheville
Local
Tax
/
of
Interest
sealed
trict, $65,000; Special School Dis¬
proval of said proceedings by the
tricts,
$107,000;
Sanitary
and attorney of the bidder will be ac¬
Water Districts,
$81,500.
Total, cepted
and
considered
and
a
$1,069,229.78.
reasonable time will be allowed to
of
the. following counties: Brunswick,
indebtedness.
Due on March 10,
Buncombe, Carteret, Swain, Yan¬
1944.
Issued against 1942 uncol¬
cey and Transylvania.
lected taxes, which figure is put
Copies of the booklet may be se¬
at $875,000.
/'
NORTH
of
provement
may-bid for
Buncombe
Asheville
ues
receive
on
—
on
Education,
County, 40year, $423,000; Buncombe County,
Series 2 refunding,1 $11,000; Bun¬
combe
County, Series 2 fund¬
ing, $275; City of Asheville, gen¬
eral, $343,906.99; City of Asheville,
Series 2 refunding, $10,648.95; City
of Asheville, water, $348.84; City
of Asheville,
judgment, $11,550;
pany,
Y.
year.
cremated
$15,000;
offer by C. F. Childs & Co., and
Sherwood
of this
were::j:..i;/;:l; ///.;/, '/;/'••;/
County
Board
of
The
offered
was
27
Evans
Dated July 1,
July 1
and
the
to
Bank of
Aug.
on
awarded
Y.
$25,000 issue of
^coupon water bonds
for
/'
both
Franklin County (P. O. Columbus),
advanced steeply. As
///"• /'; /
Ohio /' ■■'/' //?/;.
result, the saving to the county / Bond Offering—Sealed bids will
and city was considerable, these
be received until 10 a.m. (EWT),
bonds being sold to the Sinking
on
Sept. 17, by Elmer A. Keller,
Fund Commission at a saving to
Clerk of the
Board of
County
million
the field of
receive
a
be concerned with all units of the
In commenting upon the ap¬
pointment of Mr. Ellis, Mr. Moore
will
mature
reported
was
1946 to
market has
Although as an executive aide
to the Comptroller, Mr. Ellis will
,
chase
pur¬
Trust
to
municipal fiscal examining, re¬
cently introduced by Mr. Moore.v
he
and auction bids until Sept.
1.30 p. m. (CWT), for the
chase by the Wachovia Bank and
'
Affairs, his
that
which
it
$10,000 in 1945,: and $11,000 in
It is stated by
—
0/Jorgehson, City Auditor,
will
Mr. Bynum said that the favor¬
made
Chief
Bond Offering
995
175,000 refunding, Series B bonds.
Due on Sept. 15 as follows:
N. Dak,
Carl
bond and the
Aug. 24 approving the
issuance of $3,000,000 refunding
bonds, to care for'bonds maturing
an
DAKOTA
Par go,
valid and
ritorial limits of the Town such ad
valorem taxes
on press
in
are,
legally binding obligations of. the
Town, and the Town is authorized
and required by law to levy on all
taxable property within the ter¬
he could not expect voluntary co¬
reported
bonds
.The
operation, it
was
NORTH
payable at the Town Treas¬
urer's: office.
CHRONICLE
*
Cuyahoga County 6s of 194548 and $65,000 of Cuyahoga Coun¬
ty 4V4S of 1944-46 at prices of
114.107 and 104.106, respectively,
and two blocks of City of Toledo
securities
bearing 4V4
and 5%
coupons and totaling $35,000.
The
liquidation embraced
92
separate
blocks
of bonds,
all of
trict Treasurer.
Shaker
Heights City Sch. Dist. (P.
Heights), Ohio
Bond Sale
The $10,000 semi¬
annual refunding bonds offered
for sale on Aug. 30—V. 158, p. 624
—were awarded tq Hayden, Miller
& Co. of Cleveland, as Is, paying
a price of 100.154, a basis of about
0.94%.
Dated Sept. 1, 1943.
Due
O.
Shaker
—
on
Oct.
1
in
1945 and
1946.
,
Monday, September 6, 1943
996
Second best
White
&
bidder
Co.
The Debt Readjustment Comcompared with the current 12
is anticipated on the ba¬ .mittee, composed of W. D. Humph¬
sis
of
real
estate
assessment reys, Chairman, C. E. Bibee, Sec¬
figures made public recently by retary, and Ernest James, with
Ihe City
Board of Revision of County Judge W. H. Archer, a
member ex officio, had agreed on
Taxes.
According to the board's esti¬ a proposition submitted by Clark
A.
J.
was
of
as
months
of¬
Cincinnati,
fering 100.25 for iy4s.
Toledo, Ohio
Sale
Bond
semi-annual
The
—
bonds aggregating $8,400,
for sale on Aug. 31—V.
coupon
offered
lows:'
real estate in 1944 will be
-
1 in
Oct.
on
1945 to 1948 in¬
clusive.
mated
;
■
assessment
being
1944
in
Bond
is
at
.
1945 and 1946.
The
following
'
coupon
bonds aggregating $70,500,
offered for sale at the same time
624—were awarded
composed of Stranahan, Harris & Co., Inc., Ryan,
Sutherland
& Co.,
and Braun,
Bosworth & Co., all of Toledo, as
—tV.
158,
to
group
a
p.
iy4s, paying a price of 101.09, a
basis
of
about
0.845%:
sidewalk
$55,500
bonds.
Due
1945 and
improvement
1
Sept.
on
1946.
in
7
,
15,000
sewer
improvement
7 bonds.
Due on Sept. 1 in 1945
1948
to
inclusive.
1
;
"
Zanesville, Ohio
Bond
Approval
sue
of refunding bonds.
v.
7
Pauls
.,
Bond
aproximately
which
token tax return of $153,-
a
is expected.
000
The bonds will
tricts of tnis class.
highest responsible
be sold to the
bidder, provided such bid is not
less than par and accrued inter¬
est.
The highest responsible bid¬
der shall be the one who, having
complied with the conditions of
sale,
offers to take the whole
amount of the issue at the lowest
interest cost to the District.
The
enactment
at
the delivery
any
time
prior to
of the bonds, of Fed¬
in
which
legislation
terms,
by the repeal or omission of ex¬
emptions
or
otherwise, subjects to
Federal income tax the interest
a
of
bonds
on
class
a
at
the election
relieve
the
character
or
bonds, will,
of the
purchaser,
from his
obligations under the terms of the
Valley, Okla.
Sale Details—City Secre¬
tary W, J. Harris states that the
$35,000 airport bonds sold to R. J.
Edwards, Inc., of Oklahoma City,
of
contract
Call—Mayor Jack
purchaser
sale
and
entitle
the
the
,7
Barry
light bonds Nos. 1 to 150.
Sept. 15, 1921.
Denom.
$100.
Due Sept. 15, 1951.
The bonds should be presented
Dated
to
the
Union
is for
dated
'*i.";.'■ *v
•
1, 1935.
...
Due Oct. 1,
1955. "
Central
holders
them to
payable
are
Hanover
New
Bank
at
&
the
Trust
York
are
the
City; however,
requested to forward
National
Bank
Knoxville, for payment.
of
The
Park
bonds should have attached there¬
Oct.
to
1,
1943
and
subsequent
coupons. > /
Interest
purchaser to the return of the
amount deposited with the bid.
Issued subject
to the favorable
x
Provincial Treasurer S. E. Low is
advising holders of the Provincial
debentures which matured Sept.
session
of
the
State
Legislature.
Out-of-State holders of such
rants
are
war¬
requested to notify the
State Treasurer's office.
Other
than. General Revenue
warrants, all State warrants are
cashable
when
issued
and should
Trseasurer's
the
State
office.
1, 1941, that interest will be paid
respect of the
half-year ending Sept. 1, 1943, be¬
ing at the rate of $15 and $7.50
respectively, for each $1,000 and
at the rate of 3% in
Interest will
$500 denomination.
be
paid
presentation of de¬
notation thereon/of
on
bentures
such
,
for
payments of interest at any
branch
of
Canada
the
in
Imperial Bank of
Dominion ; of
the
,
,
Canada.
united states
Maryland
Bond
$911,000 Bonds
—
Ontario
Firm
Sells
Mackubin, Legg
& Co. of Baltimore accepted
last
week
for
$911,000 of
bids
the
grand total of $936,000 of various
offered for sale. A block of
bonds
date called.
texas
of
*1937
gen¬
sold
was
to
Lazard Freres & Co. and the First
of Michigan Corp., both of New
York, in joint account, at a price
of 111.76. The bonds have
maturity of 6%
an aver¬
The
Savings Bank of
Chicago, in account with R, W.
Pressprich & Co. and Blyth & Co.,
both of New York, obtained $217,age
Harris
ceases on
$300,-
000 State of Maryland 2%%
eral
Trust
ontario
7;
United States
municipal bonds which, the firm
bonds
alberta
special appropriation at the next
gen¬
for
Dated Oct.
,_v>
; v . Alberta (Province of) ;» V,/ •
Interest Payment Announced—
,
Tenn.
1935 bonds are
payment on Oct. 1, at
and accrued interest to date
Co..
warrants
payment of these warrants will be
refunding
The
these
arrangements with
representative of their
district to have them presented to
the General Claims Committee for
Bond Call—It is stated by J. H.
=''
CANADA
make
National
McCartt, County Judge, that
called
1, all 4%. bonds, payable
State Bank.
State
of
Possessors
State
flerk
payment1
limitation.
greatly appreciated by
■
par
the
years'
Memphis, for
Planters
Morgan County (P. O. Wartburg),
called
of
two
be presented immediately for pay¬
ment.
Prompt presentation for
payment.
eral
because
for
statute
*
the Saratoga
warrants,
1, 1940, are
prior to Sept.
void
now
June
on
at
Revenue
■'['
is said to have called for
$2,152,595.93.
„
.
Wyo.
Bonds Cailed^-The Town
issued
General
should
and
■
includes
prior to and
including. Dec. 9, 1942. " This call
the
;
WYOMING
Saratoga;
Series), which
warrants
bond
of the town's combined water
sue
(1942-43
all
a re¬
calling for payment on Sept. 15,
par and accrued interest to date
Bank & Trust Co. of
which includes these
oklahoma
<
valued
$9,000,000, on
defense housing,
used for
at
and
Government
Federal
the
eral
Pending—The
is said to have re¬
quested the State Board of Tax
Appeals to approve a $25,000 is¬
City Council
which
called, the entire outstanding is¬
owned by
do not include property
semi-annual
of
terms
county will pay 1 % % on all bonds
2,200 street improvement bonds $541,951,292, as against $590,000,as
l%s, paying a price of 000 this year.
100.25,
a
basis
of
about > The board points out that the
1.645%.
Due on Sept. 1 in estimated figures for next year
*
the
present year.
Due
basis of about 1.30%.
a
;
under
Personal property exchanged for new bonds as
assessments, likewise, will show sult of the efforts of the two
' .'
a
decrease
next
year
in
the houses named.
board's opinion, the total
esti¬
Germantown, Tenn.
$6,200 street improvement bonds
as
V/2S, at a price of 100.67,
.
Co., and the Cumberland Se¬
Company of Nashville,
curities
$2,449,-
276,341, as compared with a valua¬
tion of $2,478,606,341 during the
r,/ ■"
i
&
assessed valuation of
mates, the
158, p. 624—were awarded to J. A.
White & Co. of Cincinnati, as fol¬
face value, General Revenue war¬
rants to and including No. 332,604
years.
&
Hidalgo County, and Road District
000 State of Maryland 4% gen¬
No. 1 (P. O. Edinburg), Texas
eral issue bonds of 1937, having
as D/4s—v. 158, p. 728—were pur¬
opinion of Townsend, Elliott &
Bond Call—It is stated by J, C.
an
average
chased at par, are dated Sept. 1 Munson of Philadelphia, and will
maturity
of
7 1/6
Looney, County Judge, that the
The
1943; and mature $5,000 on Sept. 1 be delivered to the purchaser only following County and Road Dis¬ years, on a bid of 120.601.
next
largest
in 1947 to 1953 incl.
Interest^ pay¬ if and after the proceedings au¬ trict No. 1
block,
comprising
refunding bonds are
able M-S.
V
thorizing the issuance thereof have being called for payment at the $55,000 Baltimore County, Md.,
Metropolitan District 4V2%, 19 V2
been approved by the Department
State Treasurer's office:.
Sapulpa, Okla.
1
average
Enclose a
maturity
bonds,
was
Bond Offering — Sealed bids of Internal Affairs.
^
On October 1
awarded to Smith, Barney & Co.
will be received until 7.30 p. m. certified check for 2% of the par
Road Dist. No. 1, Series 1941
and
the
Equitable
Securities
value of the amount of bonds bid
on
Sept. 7, by A. H. Chapman,
"B," Nos. 301 to 310, and 326 to Corp. both of New
York, at a
City Clerk, for the purchase of for, payable to the District Treas- 341.
/z^'- price of 143.89.
Mackubin, Legg
$607,800 refunding bonds.
Due urer. • : 77. 7,7- ' /////r. •-/'//• .•77:7,.'
On October 10
& Co. reported that no offers were
$44,000 in 1946 to 1958, and $35,Olyphant School District (P. O.
Special Road, Series 1935, Nos. received for a block of
$25,000
800 in 1959.
263 to 265, 273 to 275, 323 to 330,
V:,[7
Olyphant), Pa. ./•/•
Salisbury, Md., 4V2% water and
Bonds Sold—A $25,000 issue of 356 to 360, 363 to 365 and 371 and
extension, 4-year average bonds.
oregon
coupon refunding, Series of 1943 372.
bonds was offered for sale on Aug.
Wasco, Ore.
/
washington
Midland County i(P, O. Midland),
Bond Sale
The $15,000 semi¬ 31 and was awarded to M. M.
Texas
Cowlitz County Sch. Dists. (P. O.
annual refunding, Series B bonds Freeman & Co. of Philadelphia, as
Bond Redemption—It is stated
Kelso), Wash.
offered for sale on Aug. 28—V. 3s, at a price of 100.499, a basis of
by Lois Patterson, County Treas¬
Additional
Information
In
about 2.94%.
Dated June 1, 1943.
158, p. 847—were purchased by
urer, that the above county has connection with the
the Charles N. Tripp Co. of Port¬ Due on Dec. 1 as follows: $1,000
report that
exercised its option granted by
refunding bonds aggregating $55,land, as 2V2S, the only bid re¬ in 1944 to 1952, and $2,000 in 1953
Article 720, Revised Civil Statutes
500 had been exchanged with the
ceived, according to the City Re¬ to 1960, all incl.
Prin. and int.
of Texas 1925, to call for payment
original holders—V. 158, p. 730—
corder. Dated June 15, 1943. Due
(J-D)
payable
at the
District
on Oct.
1, 5V2% Court House and it is now stated by Ruth
on
June 15 in 1945 to 1951 in¬ Treasurer's office.
:
Lindberg,
Jail bonds to the amount of $111,Deputy County Treasurer, that
clusive.
7/;". ;.777;";
south dakota 7
000, maturing in 1944 through the bonds bear interest at
7
4%,
Brown County (P. O. Aberdeen) 1970, being all remaining bonds and mature as follows:
pennsylvania
now
outstanding on an original
S. Dakota
•".-'•7
$39,000 Kalama School District
Nanticoke School Dist. (P. O.
7
1
Bond Sale Details—The County issue of $150,000.
No. 128 bonds.
Due on Nov.
Dated Jan. 1, 1930.
Nanticoke), Pa.
Auditor states' that the $150,000
1; $1,400 in 1943,, $1,500 in
Bond Offering —.Sealed bids
Said bonds shall be presented to
1%% semi-ann. permanent school
1944, $1,600 in 1945 and 1946,
will
be
received
until
8
the Central Hanover Bank & Trust
p.m.
refunding bonds sold jointly to the
$1,700 in 1947, $1,800 in 1948,
(EWT), on Sept. 15, by Arthur First National Bank of Aberdeen, Co., New York City, where they
$1,900 in 1949, $2,000 in 1950,
Davis, District Secretary, for the and the Allison-Williams Co. of will be redeemed at par and ac¬
$2,100 in 1951, $2,200 in 1952,
purchase of $33,000 IY2, 1%, 2, 214, Minneapolis, as noted here—v. 158, crued interest.
$2,300 in 1953, $2,400, in 1954,
For convenience of holders, ar¬
2Vz\ 2%, 3, 3V4, or -3%% coupon p. 729—are dated July 1,1943, and
$2,500,
1955;
$2,600,
1956;
refunding bonds.
Denom. $1,000. mature on July 1 as follows: $10,- rangements have been made to
$2,700,
1957;
$2,800,
1958;
Dated Oct. 1, 1943.
Interest pay¬ 000 in 1944 to 1948, $20,000 in take up the bonds at the American
$2,900, 1959, and $3,000 in
able
A-O.
Due
Oct.
1,
as
Interest
1949, $25,000, 1950 and 1951, and National Bank, Austin.
1960.
follows: $3,000 in 1944 to 1950, and
; V.//7 ,,7"/ v ceases on date called.
$30,000 in 1952.
$4,000 in 1951 to 1953. Bids will
16,500 Woodland School District
Bonds
—The
(Province of)
Offered
Investment
for
following
bonds
aggre¬
gating $10,000,000, are being of¬
fered for general subscription by
a
syndicate composed of Wood,
Gundy & Co., McLeod, Young,
Weir & Co., the Dominion Securi¬
<
ties
Corp., Bell, Gouinlock & Co.,
& Co., Mills, Spence
Co., all of Toronto, Royal Se¬
curities Corp., McTaggart, Hannaford, Birks & Gordon, both of
Montreal,. ; Midland : Securities
Corp., of London, Ont., Cochran,J
Murray & Co., Harrison & Co.,1
Fry & Co., all of Toronto, Collier,
Norris St Quinlan, of Montreal,
Burns Bros. & Denton, R. A. Daly
& Co., Gairdner & Co., Bartlett,
Cayley & Co., Brawley, Cathers
& Co., Dyment, Anderson & Co.,
J. L. Graham & Co., Griffis, Norsworth & Co., C. H. Burgess & Co., ^
Flemming & Co., and A. M, Ram¬
say & Co., all of Toronto:
A.
E. Ames
&
$4,000,000 1%% refunding bonds.
Due $1,000,000 on Sept. 15 in
1947.
1944 to
f
Due
Sept.
on
deemable
bonds,
refunding
6,000,000/3%
-
on
15, 1955; re¬
Sept. 15, 1952.
.
Dated
,
'
—
payable M-S.
No Food Reserves
For Lehman
Agency
—
^
>
.
be received for the entire issue at
any
but
of the above rates of interest,
bid combining two differ¬
terable
Regis-
to
principal only. Prin¬
cipal and interest payable without
deduction for any tax or taxes, ex¬
as
succession
or
inheritance
taxes, now or hereafter levied or
cept
assessed thereon
under any pres¬
session of the County
plan to refinance $680,000
county road bonds, submitted by
a
recent
Court
two
Nashville
approved
by
bond
houses
by law
upon
school
dis-
Dated June
the Debt Readjust¬
ment
the
Texas
$680,000 in bonds are refunded,
the county will save $108,000 in
Bond Call—It is stated by R.
W.
Leath, County Judge, that county
1% airport bonds, Nos. 1 to 50, to
the
for
amount of
bonds.
$50,000,
are
called
payment on Nov. 15 at the
State Treasurer's office in Austin.
Dated
May 15,1941. Denomina¬
$1,000, optional any time after
two years
west
Interest
from date.
ceases on
Administration
Food
War
advised
H.
Herbert
Lehman,
Director of the Office of Foreign
Relief
Rehabilitation
and
for
aside
that
it^
could
not
asked
by the OFRRO for future
cutting civil¬
set
reserves
relief needs without
ian
in
consumption
States
the
United
Lend-Lease shipments to
or
Britain and Russia.
It
understood, according to
was
Associated Press, Washington
ad-^
vices Aug. 16, that the WFA move'
was
prompted by the fact that
military
authorities have
been
handling immediate
in liberated
of
ment
areas
direction
for
the
relief needs
and the fulfill¬
requirements in
left no margin
Army
this
has
needs
future
of
the
OFRRO.
A
•'./■
said
the
for
spokesman
^
OFRRO
decision had been reached
no
in the matter and that
under
were
way
negotiations
for
an
adjust¬
ment of the difficulty.
virginia
Bond
Charleston, W. Va.
Offering Pending — The
$50,000 1V2% street improvement
bonds approved by the voters at
the election held on July 6, will
be offered for sale to the public
since the State waived its right to
date called.
purchase the bonds.
The Sinking Fund Commission
said on Aug. 21, the bonds would
go
on
sale by default, after the
Board of Public Works
—
repre¬
Compen¬
Texas (State of)
Assessed
Valuation
Decrease interest over a period of years
Teachers'
Warrant Call—It is announced Retirement
Foreseen—A decrease of approxi¬ ending 1964, when the present
Fund, and the De¬
mately $850,000 in revenue from bonded debt of the county will by Jesse James, State Treasurer, partment
of
Public
Safetythat he is calling for payment at waived its purchase rights,
q
*
;
city and school taxes next year have been liquidated.
Philadelphia, Pa.
has
Due on July
,
tion
The
1, 1943.
County (P. O. Henderson),
and
that when and if the
placed
Dallas.
Rusk
131
T; $1,000 in 1944 to 1952, and
$1,500 in 1953 to 1957.
$28,000 4% semi-ann. water works
refunding bonds have been pur¬
chased by C. N. Burt & Co. of
a
Committee, was rejected by
Court,, which expressed the
wealth, all of which taxes the
opinion that
Campbell County
District assumes and agrees to
should not defer for such a long
pay.
These obligations will be
period the actual payment of its
payable from ad valorem taxes debts.
within
the
taxing
limitations
It was said
ent or future law of the Common¬
No.
Bonds Sold—It is reported that
Campbell County (P. O. Jacksboro), Tenn.
Refinancing Plan Rejected—At
no
ent rates will be accepted.
Moran, Texas
tennessee
Interest
15, 1943.
Sept.
senting the Workmen's
sation Commission, the
INDEX
Quotations:
Page
New York
Stock
York
Curb
New
Other
Stock
Unlisted
Exchange
Exchange.......
Exchanges
Securities
Unlisted
State
9534
969
974
979
—v
Markets—Listed
Canadian
../....
and
-,
977
and
City Department:
Proposals and Negotiations. 941
General Corp. and Investment News 941
Bond
Dividends
Declared
and
Payable
947
Redemption Calls and Sinking Fund
Not'ces
The
Course of Bank
Foreign
Exchange
Combined
Federal
Member
•*
..
ment
Auction
Condition.
Reserve
Banks
.,
.
Statement
of
Banks............1
Condition
........
Sales
Clearings.....
Rates.............
1,
946
9<tf) *
952
7
952
'State-.
L:.
952
..;..'.......
952
.....
@FedFRASER