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9 j$4i SEP feus. ADM. UBRARY MONDAY New York, N. Number 4523 [Volume 164 Acme-Hamilton Mfg. Corp., SEC— The PUBLIC UTILITY - American Bosch Trenton—Registers With Net sales Aug. 29 filed a registration with the SEC for 50,000 cumulative preferred stock ($20 par) and 82,000 shares ($1 company on Cost before Federal for to Transferred for post war Sold—Ames, Emerich Corp.—Stock Aerovox Co., & / , shares of for work¬ recently sold at $11.50 a share 11,000 capital stock (par $1). Proceeds will be used ing capital.—V. 164, p. 1197. V'-: Inc., *$233,951 $1,019,377 *$809,648 $2,083,402* Cr89,000 703,000 Cr307,000 v 2,941,831 2,571;940 2,698,774 2,583,402 $3,012,219 $4,289,437 $3,390,007 4,309 8,680 $2,850,863 $3,020,899 Other .150,000 75,000 $241,377 *$144,952 Prov. ;: Gross railway——/ 75,861 income—. 35,049 12,981 $426,941 h 155,097 74,629 Net from ry. 2,197,503 2,797,753 2,701,979 2,571,551 359,311 879,889 960,679 1,100,900 604,651 railway— oper. From January Gross Net Net railway 164, p. 99,455 income— oper. ry. ■f In '■ This 577. ■<- , 481,195 360,498 Issue -• the at plan to continue to feature nationally City store and, as soon as possible, to Aldens' Iowa nishings and a children's All par the 5% outstanding the of York New New York first Proceeds /.■'/ two .;" years. with Exchange- \ , a locomotives. -V. drive, the locomotive will have a generator operating at high rotative speed, so that" a relatively small diameter will allow for auxiliaries or other equipment to be mounted above the generator. The gas turbine's control system will be at least as simple to operate _1361 types. . System__ from Net ry. Net from Net $2,400,641 * *96,330 $3,121,144 944,366 *469,242 _ railway—I--; from 368,499 income-- J' ' .. railway for ' •.. . 458,533 ^ 696,713 748,920 1,562,440 850,899 22,840 4.375,000 .____ 4,375~000 10,231,438 11,066,269 Dr466,024 Dr466(024 $21,018,242 $20,445,446 * ' 1946 1945 $4,260,792 ___ 3,951,514 $7,257,732 5,463,858 523,772 89,211 $1,135,635 12,151 34,541 received 53,911 Interest notes on $1,198,535 15,436 — Sundry charges 28,359 *$414,123 19,125 10,424 1848,000 — —. —_ payable^—.— —— Estimated provision for Federal Provision for contingencies— 25,815 income taxes__' 50,000 , i income Net 134,467 ♦$480,185 : income / 700,252 expense——. profit—_;_z. operating Total $264,296 *$448,683 , tlncluding $733,000 for excess profits tax. *Loss. ~_1363 / allowances——— and returns administrative depreciation ' NOTE—No provision for possible tax refunds which may result from : profits excess __________1363 t credit tax carrybacks ' have included been for amount full the of year refund $500,000. operating or their effect since income results the continue, at in the until ' American Coils Co., Newark, N. J.—Files With railway... 1943 $3,356,785 1,482,455 242,467 . SEC— *873,120 821./ I 22,546,023 21,903,079 7,462,776; 3,136,825 ' "j 7,392,207 2,424,107 21,652,326 8,994,116 2,644,999 :•; *•:. . • certain obligations and to increase cash funds. Files With SEC—: ; : • . ' V" " accurately determined. applicable - • carry-backs loss cannot be are to this Should period : ' is ' ' ' ' SPECIALIST IN ■ " j : ; cAllen & Compan y ' excess —i 44,059 2,135,974 2,567,574 2,573,042 185,000 : 81,493 —_— profits taxes —— 136,075 178,000 / life insurance——_„— -Total 1,181,393 99~,180 * NEW YORK STOCKS, INC. DIVERSIFIED NEW YORK 4, N. Y. NY 1-57S Telephone REctor New York NASSAU 45 - 2-3600 Security Dealers Association STREET," NEW YORK 5 Philadelphia Telephone Enterprise €015 ■ ' HUGH W. - . " Bell Teletype New York 1-576 LONG and COMPANY INCORPORATED 48 WALL STREET NEW YORK 5 94,849 $8,156,027 $10,122,822 PROSPECTUS ON REQUEST INCORPORATED - Members EstabUshed 1022 Bell Teletype: claims.: expenses—^ 3,003,060 INVESTMENT FUND . HAnover 2-2600 Value, GEARHART & COMPANY ' * refund of Federal surrender f SECONDARY MARKETS MUNICIPAL DEPARTMENT 80 BROAD STREET refund Cash • tax deferred and Postwar • Municipal Bonds 1 profits 63,415 1,205,528 87,022 2,883,186 mach., equip., etc. (net) credit carry-back and special amortization Prepaid 1945 $776,370 » - CORPORATE FINANCE FLORIDA & NEW JERSEY . ' receivable, less reserve 30 JUNE 1946 $983,630 •■n — Land, buildings, , •/'' - —_— Inventories. : SHEET, BALANCE ■ receivables Excess 1"- The company on Aug."26 filed a letter of notification with the SEC for 42,000 shares; ($1- par) common stock (restricted),i"of which 39,300 <' CONSOLIDATED ■;;'/•'! A;'' • \^• /" _/■■/'>1 ■ Government -securities— Other Issue not underwritten.' T ; S. . Customer, accounts ; • - U. Aug. 27 filed a letter of notification with the SEC <• for 2,000 shares ($100 par) 6% cumulative convertible preferred and 500 shares (no par) Class A common. Offering, price $100 a* preferred share and $95 a common share. Proceeds will be used for payment of * company-on American Metal Finishing Co., Grand Rapids, Mich.— 16,649,999 457,246 . oper. income ♦Deficit.—V. 164, p. $3,447,737 .1,240,134 171,214 f, COMPARATIVE ir, ASSETS— v v ry. Telephone. ' declines—— — income . This will p. 1197". 1944 1945 1946 railway From January 1— Gross valuation — less and Selling losses RR.—Earnings oper. c - • gas July— Net 467,669 _ inventory sales measured The from sales, of estimated degrees Fahrenheit before entering the gas turbine. result in a shaft efficiency of approximately 24%.—V. 164, Gross ■, '' 163, p. 2286. Provision ;v 1300 Alton -■ ' turbine will be the most efficient single-shaft gas turbine plant in this country, Allis-Chalmers design includes an axial flow compressor :to compres? air, which will then be heated to railroad This ~ $3,316,175' $4,223,840 reserves Sundry - Reserve ' !■'. ■'•' - Interest News_1325 State and City Bond Offerings and Sales—1369 Redemption Calls & Sinking Fund Notices—1363 Dividends Declared and Payable _1363 The Course of Bank Clearings _r—.1362 Foreign Exchange Rates 1363 Federal ' 6 Months En led June 30— Condition Statement of Member Banks of : ,1 552,434 American Seating Co.—Earnings— General Corporation and Investment — by Total u/— _1344 Banks 1 740,573 Reacquired stock Gross Reserve ;■ stock Capital Cost Federal 2,039,903 .1357 ——— Stock and Bond Averages- 783,639 2,712,829 ______ Earned surplus Section— _1360 Markets ______ 35,316 70,835 •/___—i//—.;——. Deferred credits _1358 __—_ 47,535 postwar and foreign operating conting— For Miscellaneous Features compressor, other locomotive 2,794,024 ____ liabilities future 'For Net Using electric as 4 .1355 Transactions New York Curb Exchange- _1344 • standard Stock Exchange—Curb purchases assets General t Exchange—!——————- .1357 Over-the-Counter /y; , ! 8,251,679 1,948,220 —. / : Reserves: > • Transactions New York Stock Exchange- _1344 horsepower 3750 unit, axial _____ Toronto Allis-Chalmers gas turbine is to be a pack¬ single base common to all parts—the gas turbine, a generator driven through gears, and the re- ? generator, This powerful, lightweight gas turbine power plant will /. be installed in a single cab no larger than used for present day The aged Its _1355 .1356 Exchange Stock gas within rails on a- 1945 $4,143,'481 1,844,969 10,271,568 — —— ■ _I356 ___ Toronto ? Research, Inc. has accepted an Allis-Chalmers turbine power unit designed to run on powdered coal BCR's Locomotive Development . Committee, representing rail¬ road and coal companies cooperating in a project to build a better coal burning locomotive, expects to have the new type locomotive for _______ 30 $3,782,492 1,444,189 securities— $21,018,242 $20,445,446 Exchange!———u—__— _1356 Stock Montreal Curb With SEC Coal Bituminous receivable LIABILITIES— *•' Turbine Contract- Allis-Chalmers Mfg. Co.—Places contract Stock Exchange— St. Louis Stock Montreal trustees.—V. 131, 2376/ No underwriters named. JUNE 1946 credit Current -1355 Pittsburgh Stock Exchange—— on publishing rights, etc. —__ Philadelphia Stock Exchange at of Y* r Only preferred is being offered. Offering, price $10 a share. ' will be used for purchasing plates, dies, authors' royalties,- privilege. materials, .1354 _1355 — _____ Los Angeles Aug. 28 filed a letter of notification with the SEC for 10 000 shares of 5% cumulative convertible preferred and 25,000 shares'of common, of which 10,000 shares are reserved for conversion company of Goodwill, patents and trade-marks—___ Deferred charges • _1354r Cleveland Stock Exchange—^ Stock Exchange gold bonds due Algonquin Publishing Co., Inc., N. Y.—Files The _____________ Stock Exchange— Cincinnati Stock Exchange— Chicago 5% Bonds due 1961— Royal Trust Co., Montreal, Canada, are The $3.64 , * Net fixed _1354 Detroit mortgage 50-year cost marketable and Postwar .1349 Exchange Exchange Stock Boston ; add men's fur¬ 1, 432,825 $3.56 • CONDENSED BALANCE SHEETS ;< Investments _____ Exchange— Curb Stock Baltimore advertised lines 1961, have been called for redemption on March l, 1947, and interest. Payment will be made at the office or agency company in London, England; Montreal, Canada, or New York, N, March deducting Advances—Chicle _1333 Exchange (Stocks) Stock Exchange (Bonds) ___!._ .1344 New York, Stock department.—V. 164, p. 270. Algoma Eastern Ry.—Calls 432,825 $3.25 .." •,; , share per Inventories Iowa City Retail Store— made. is 1,083,063 432,825 $3.37 stock 1,082,063 432,825 paid Accounts . It 1,082,063 11,819,399 $1,576,950 1,082,062 ' Stock and Bond Quotations has acquired the Strub-Wareham store in Iowa City. Jowa, Robert W. Jackson, President, announces. ■ V The store; ^ivhich:■ hettomesi.vth©.~^.tti.,i unit/, in. Aldens' retail chain, was purchased for an undisclosed cash price, Mr. Jackson said. The three-floor establishment did approximately $1,000,000 business in 1945. Reconstruction of the store was underway when the purchase was $1,541,774 ASSETS— corporation The ; ; Cash Page Aldens, Inc.—Acquires $1,406,709 labor manufacturing expenses and depreciation, tlncluding excess profits tax^ tAfter post-War credit of $40,343 in 1945, $177,722 in 1944, and $94,833 in 1943, . " k' ' , $1,456,716 common •After 1— railway— from from —V. $354,965 tl,082,417 .j. par) Earnings 1943 $363,763 138,426 75,447 $333,582 50,426 from Net (no 1944 1945 1946 July— 311,731 taxes profit Dividends RR.—Earnings— 6.342 $3,396,349 $4,294,887 93,943 47,342 84,483 109,903 tl,435,764- t2,595,867 income Net 5,449 reserves for tEst. / bef. inc. tax contingencies. Post-war '<•//./«•' //' "V"/ (net) income Net prof. $419,402 *$502,648 NOTE—During the six months ended June 30, 1946 net charges of approximately $170,000 (after estimated applicable Federal tax credits) were made to the reserve for post-war readjustment and therefore are not reflected in the profit and loss statement.—V. 163, p. 2430. '\f:. 5 $5,973,409 $2,846,555 Shares Akron Canton & Youngstown 1943 66,988,211 $5,584,158 operations fr. Earns, •___ >' 1944 1945 1946 ■ $5,788,386 1,514,000 taxes V'': j; ; prof, from sales adv., distributing and admin, expenses- Sell., readjust; *Loss.. shares are to be : Proceeds 2,700 American Chicle Co.—Earnings— 6 Mos. End. June 30— y reserve — share; a services rendered prior to incorporation. capital. Issue not underwritten. for for working ♦Gross . Surplus at $1 for cash sold be pay used be , .post¬ reserve/ etc--. war Prov. stock to fully discharge secured demand notes, mortgage notes and partial discharge of debenture indebtedness. Prin¬ cipal products of the company are the manufacture of conveyor belting, tubing and hose. 12,433,146 175,917 exps., will to are to issued $6,291,369 $27,747,591 ':':..• v/vy.' -/v-' 6,991,215 25,312,306 /y 109,802 351,883 sales, Profit preferred the of sale $3,560,575 $13,628,440 selling,.;.-''. etc._„ 3,739,626 Depreciation and amort. : 54,901 common ♦ 1946—6 Mos.—1945 MISCELLANEOUS - shares ; 1946—3 Mos.—1945 __ of admin, stock. Underwriters, G. L. Ohrstrom & Co. and S. R. Livingstone & Co. Company is offering the 50,000 shares of preferred, while the 82,000 shares of common are being sold for the account of certain stockholders. Prices, $20 a share for the preferred, and $11.50 & share for the common. Company will apply the proceeds from the par) INSURANCE - Corp.—Earnings— Period End. June 30— v .shares 5% INDUSTRIAL - Copy a and Investment News General Corporation RAILROAD Price 60 Cents Y., Monday, September 9, 1946 . 634 SO. SPRING ST. 10S ANGELES 14 ■ —: payable Accounts Accrued payable payrolls, Accrued taxes Notes (less U. for Common 59,374 v. (221,062 shares, surplus Earned 1,020,000 General 275,000 3,778,615 1,999,662 taxes /■ ■.)'. with sec— The for Net inc, for 155, Issue not underwritten.—V. p. $3,028,788 —— from in reduc. of non-recurr. notification with the SEC taxes) taxes , deduction the to amortization charges consolidated in direct the of and available STATEMENT INCOME CONSOLIDATED OF returns, the on $5 new share on one. The $18.50 is equivalent to 75 cents a which was splitup three-forto holders of record Sept. 20. Electric 15 Gas old the on were paid. at 1945 two dividends of 75 in ? ^ stockholders The and shares, ; meeting Aug. on shares split-up shares of $5 the of value. Prov. Power 10.19% Fed. electric the 1945.- ' ,. - int.' divs. etc.- income Net V inc, Orrtco . 782,915 .318,738. ,T $2,986,201. $2,567,146 * ■ •••:'>.' c 398,53(1, ^ 473,828 ,805,143. debt . YV,' 90,886- . .. < ' • $663,008 $2,512,373 • - , 1,199,406 !: / of subsid. Per share of amortization INCOME taxes Prov. Fed. taxes Reduc. . acct. adj. to deduction - from etc, 4,384,024 . Islands the 917,984 9,656,050 i: , ■1. . 9,510,335 Total I ^---~ income income Other deductions Crl,613,900 Cr4,l46,214 : • inc. Fed. $9,504,027 $11,204,521 $20,445,983 $25,716,'615 6,383,915 7,191,130 .14,817,996 i 18,764,874 —1— deducts.- ino.,: includ. cial tax $4,013,391 $5,627,987 $1V278,"337 2,735,054 $4,485,104 1,142,883 $4,013,391- $3,129,112 of $5,627,987 '< Special tax adjustmentinclud. tax Net inc. returns for interest , $2,883,444 '• 4,068,297 (re- will not be available , & " V;2,238,088 :i. 1.346,298 359,811V —J— profits taxes excess accruals share (bef. spec, tax adjust——— —V. .164, p. 1198. $1.07- $6,951,741 % $1.40 $0.28 $0.71 ——.u r v.' ■ . ($5 par) Treat and & share of ferred 120,000 shares of Co. The preferred and $1 loans bank stock is to and convertible preferred of Net stock Net Underwriter, Amos public in' units 'of one ; at $6 a share for pre- ; (50c par). common be offered share one Gross registration- statement with the SEC cumulative A requirements pfd. :stockil:'.9O;OO0.' on to common share for will Proceeds common. be used to sale of AC-DC electric binations. ,■ Arizona Edison Co operating Prov. ; 203,489 ■"'* 205.972 $2,600,260 $660,170 ry. 182,687 • 51,241 tax Gross income 67,200 . 1 ' Total Sundry (net)— railway— 164,-p. 2,247,782 ; 1 Surplus end of period I: : BALANCE 154,920 266,501 V ^ ' profit : $39,200 637,354 136,169 $676,554 30,000 I 41,885 7,556 Crl7,053 627,113 $177,329 534,761 : $833,040 112,317 Crl.04,766 $712,091 6)443 !" $825,489 SHEET $627,113 AS AT JUNE $825,489 30, 1946 profit before 1 1 ; Gulf, Colorado & Santa Fe Ry. Panhandle ry. oper. income. & at ,wholesale the-"Grtlden the "Golden Fe Ry.) 'X in 1946—Month—1945 ''/.'■■■ 1946—7 Mos.—1945 51.742,139 234,895,361 333,830,029 27,676.102 30,955,594 177,675,448 196,597,032 5,469,556 14,116,064 31,512,445 97,361,020 Dr278,895 Drl,207,336 0311,607 03,937,100 5,261,217 t .1 5,463,145 26,019,075 ' reserve East is In to roasted -and grocery- hotel and West'' hramL thereof 291,272 1 shares ($1.75 OrM-an Balfour 1946 1945 $1,459,670 1,117,512 an* -Authorized preference much of be shares the of the redeem to all expenses—a——--..-. ! 1,077,799 *» 53,395 82,777 * , other 102,128 $216,773 $212,524 V::> 6,110 .; 829 ...» deductions) .*», but any- old after the of -424,160 shs. .vVr*' ! company, of the the old debentures 10-yekr 1, tne debenture called for 10th redemption is not thus con¬ date fixed for such redemp* day prior to the ~ $222,883 JUNE 30, 67,462 60,412 ' (net), $936,203; $2,652,839, notes Federal $73,814; payable, prepaid 58,420 $98,567 ! v $1.04* on for stock | "VO; insurance and interest, $166,104; accrued local, state • 1946—3 MOS.—1945 —.—$68,098 miscel. exps._ 34,181 Tax., incl. Fed. inc. tax. 19,733 Jan. 31, Net 35,934,877 P. income —!_"„. ♦Including insurance, 3128. ; $14,184 insurance, $8,978; $62,966 30,300 19,548 ' cipal such $13,118 Los lull the District cf the applied stock common - y Angeles, in Jan. cash 31, the Jan. share one of debenture .to of the issue 31. or 1952, common, which thereof, are common stock such but o~f price of share after per for warrant only share after stock each of $5 shall the prin-; be at¬ surrender- of upon or before $2,603,143 $5,964,907 sold— 2,067,612 ^ X-XXX} 4,770,682 . ; r.., -r—Years Ended December ^l1945 1944 1943 !—. products on ; 4 Mos. End., Cost at-the per $8.25 Any warrant not exercised company; Apr. 30, '46 $5,396,324 :• $3,192,012 2,416,036 J 4,308,309 Shipping, selling, admin, and - - general' expenses Profit Income 72,036 /■'; 446,720 1,139,950 $88,805 from operations credits Income Prov. Gross $54,275 . 8,065 21,904 $96,870 ——— income charges for 1,052,507 i $70,179 : ' $35,508 622,652 $153,930 24,785 21,467 $60,293 r $175,396 22,697 71,123 66,959 53,065 /; 28,500 6,775 Cr3,680 52,956 $45,673 Federal ♦$1,719 taxes income $30,137 Net depreciation, repairs and alterations.—V. 163, Maryland, dated March 15, 1946, in pro¬ ceedings under Chapter XV of the Bankruptcy Act, beginning Sept.' 1, 1946, the refunding and general mortgage bonds, series D, due 2000, stamped modified,- and refunding - and general Mortgage bonds, series E* due 1996,. stamped modified,. will bear fixed interest-at the rate if 1 ♦$2,986 ' $69,375 1071 p. Bishop Oil Co.—Earnings— f of ' income ♦Loss.—V, 164. X *7.7 * warrants the-company attl its office or agency in-New York Calif., and upon payment of the purchase price' in the to before or 1950; 1952 shall become void. Net. saleq 45,311 jii1 purchase STATEMENT OF INCOME 80,234 45,113 $32,144 reduce 3U 1952, to purchase, 31, 1948; or $5.75 31, .r a'.. Quar. End. . Period— Gross ♦Net income of Jun. 30,'46 $292,803 $521,883 5,035 21,"235 36,270 ,, deducting abandoned taxes.—V. 6 Mos. End. Jun. 30,'46 all wells ! ■ including depletion, depreciation, cost leaseholds, and estimated Federal income charges, and 163, p, 3279. •1 31,'46 $229,079 profit ♦After Quar. End. Mar. N - - *",> . r \ by the company to Jan. before Jan. or on time to Jan. before or on and warrant $147,484 adjustment plan, dated Sept. 20, 1944, as modified, plan was approved and confirmed by order of th®* U. S. District for he 1946—7 MoS.—1945 Baltimore & Ohio RR.—Interest— Court at after) cn the rate of at amount tached or not and 1950 company $157,491 Pursuant to. the which 1948 Federal taxes on 1945 income, $60,412; reserve for compensation be received to existing America National Trust and Savings -Asso- $300,000; 1946 Building, Inc., San Francisco—Earnings— ! income share per 31, and (stated *Oper. & (but $4.25 $0.92 1946 proceeds initially-attached or,before $87,471 r net debentures-will time XiXX^.%;!y^'''X^:XX' ^XXXX'XX. payable, taxes reserve be Jan. - the the to the debentures.- Warrants, detachable^ at by the holder thereof from the debenture to which the same shall initially be attached, entitle the bearer thereof at any time on $213,353 63,904 •v; of sale-of the WARRANTS^-The-detachable to any ! depreciation r debentures by the sale of ^ 271 shs. T 1,000,000 shs. ; "(V ' V; *18,409 shs. 4,000 shs. proceeds used $1,000,000 394,9§0 -v ' V, 50,000 shsV — will Outstanding VV: '"'-V- 1,425,000 bank loans at the Bank of ciation, Los Angeles, Calif. Such loans amounted to $956,504 Julyv31, 1946-' The proceeds cf the bank loans were used by the company to purchase raw materials and supplies, to finance receivables, in part payment of the shares of stock of Closset & Devers, and for other general expenses. S ,' .^.V.V.:v,r; V;!;,: -:;- .• >V; $1,445,846 42,607 selling Period End. July 31—»• Gross >. trade, South\?est^ Wttchlnsfnn $1,000,000 cumul.). debentures due Feb. balance from ; - packed coffee restaurant 5%; 1951. At present there are $153,000 public redeemable at 103 and Interest! The old debentures are convertible Into prior preferred stock at the rate of 38 prior preferred shares for each $1,000 principal amohnt y;vV'tion. t The deferred for 7 its»subsidiary The Ore.' the due Aug.'1, 1963 acceptances--^.-!— neceesury , ■ $31,054; $22,932; capital V-; Madison business giving effect to any conversions of old thereof, into prior preferred shares of the convertible 1,386,997 maintenance, $8,523; miscellaneous reserves, $22,value $6 per share), $567,306; capital sur¬ plus, $718,391; earned surplus, $672,962; total, $2,652,839,-—V. 164, p. 2. 362; p Texas. 223 debs., and PURPOSE—So •3,040,252 i. BALANCE SHEET, assets, contingencies, f , fund preferred as 40,302 227,983 ' taxes, income, { and 38,685,770 164, p. 677. i Santa sink, on Atchison Topeka & Santa Fe Ry.—Earnings— Net 1943 3,301,566 taxes assets total '$f $1,000,000) total outstanding in the hands — operations— (less income permanent $1,Q06; V Federal $627,113 k . -V. at Devers,* in-Portland, under under holders 202,346 ASSETS—Cas"h, '$2^70,593; ^! S. GoVernment securities, $397,500; inV vestments in Other companies, $100,000; accounts receivable, $288,054; notes receivable, $22,000; inventories, $633,291; other assets, $4,192; - '78,534 Other liabilities, (4,500 shares no par), $450,000: common stock ($5 .par), $600,000; premium on common stock, $184,380; earned surplus, $825,489; total, $5,327,698—V, 163, p. 2718. credits- the loans $454,813 •i 33,597 profit : ^'j.J—a__——.' Earned per share.—— $313)499 $205,927 ... . of underwriters. ^Without 1,259,029 Net ' $334,478 128,550 Net Federal 16,909 ; - stock or 8i- vertible from X : $838,431 • 21,234 $72,599 33,399 792,368 liabilities, $458,656; Other debits 171,097 : Depxeciaiton. "$2§6,589 $313,243- $2,500,000; current and accrued $309,172; $5 cumulative preferred Railway oper. revenuesRailway oper. expensesRailway tax accruals— % $477,980 less depreciation Other income LIABILITIES—First mortgage bonds, Period End. July 31— 'H-} X * 237,373 . (out by: the gelatin desserts an4 puddings, and' a perfumed 'The company has recently purchased equipment of peanut butter and expects shortly to-market non-cumulative Common shares 678. — Net 203,265 153,597 270,202 55,883 property;;(including intangibles) net, $4,518,654; construction work in progress, $243,524; automotive equipment, less reserve, $38,597; investments, $52; special deposits, $486; cash, $207,702; accounts and notes receivable, less reserve, $153,012; materials and supplies, $98,545; deferred assets, $67,126;. total, $5,327,898. ! (Includes of Prior "467,$09 3.182,172 67,789 Outward, freight Administrative and 164,267 ASSETS—-Plant and . $889,500 public 588,355' 1,032,346 217,500 158,817 income— LIABILITIES—Accounts r cleanser. marxeted and • . '' ,; 6 Months Ended June 30—sales' 66,900 4,588 30,607 $46,062 surplus —a' adjusts, income_— Cost of sales, 681,805 189,173 $68,010 5,262 . : —— paid—— 31,621 $358,680 ' Net -1945 59,346 : : $76,670 Surplus beg. of period- Dividends the ' " $71,407- : — — Balance " " $443,174 150,081 33,951 1944 Atlas Tack Corp.- -Earnings— 670,520 771,190 43,250 30,582 — Deductions Closset v *' • __——— operating rev income w—i leaving sales volume of the company. - Green coffee" principally ■ through domestic importers; by the company Brazil; Colombia and Central American, countries with lesseri imports from Mexico, and- Hawaii, and is roasted and packed by the'company in its plant at Los Angeles and in that of Vi- 1945 "62.194 railway!— oper. • t acquired 5% V|fV',;V " Net Other 1 manufacture BanJc com¬ $2,520:323 747,940 184,090 " —V. $0.95 from ' ■ 50,574 inc. ;' ;vv, 1946—12 Mos.- 1946—3 Mos.—1945 $680,469 taxes for Fed. Depreciation •' and radio-phonograph :*!' V'v; >.'• Inc.—Earnings— , revenue Elec., gas & water pur. Other operating expense Maintenance General phonographs ; Period End, June 30— Total from :;"t 241,547 $1,08 on business office an $2 railway——— oper. Net retire approximately $100,000, to purchase-wood-working ma- : chinery and for working capital. Business consists of the manufacture and ry, Net of a the is con¬ 85,682 From January 1—, V: Gross from railway_-,„^. the $231,267 265,300 VV;,;• vV:""V The chief product sold is coffee which accounts" for* approximately ,*> .. 3137. from ." nm $288,038 West'' brand-in Oregon, Washington and '+h'» thV-w Pacific Northwest. > .W'.. *. ; $1,369,993 r.-'V'i > ' ■ -j-c-j :-v *■ $-■■■ CAPITATJ/ATTDNT ftTVINn HtPPRflT Tn PRffacnT PTMlMeTMn.' » / 75,000 CAPITALIZATION GIVING EFFECT TO PRESENT FINANCING* • savings from fiUng of 1946 from 558?000 . . : *^Atlanta & West f*pjnt RR.—Earnings— a: Class of ' 352,263 , returns —V. 163v p, : S 3%32&:zi»».•>'?-fT T—-''--VBen-Hur«f; brand-^In-California; andVlhC'^Clftc^ 356,538 259,514 July- The company on Aug. 29 -filed-a shares intrastate such:product*. V;'-' iV: 1,692,151 ';.fV 70,000 for 220,329 822,496 ; $1,404,045 dividend solidated V 104=: X29'448 1991)00 *000 be- offered? to gelatin, household - $1,501,519? $1,101,702 ———V 259,073 : | 527,805 — ^-Includes Fed." tax Ansley Radio Corp., Trenton, N. Ji. —,Registers With SEC— ' - • $3,120,112 -v l39j31 > ; exchanged, so to maintaining ^405,025 V; two thirds ;! V '355,238: - V;; 1946 taxb^Cestimated^uZZZJZSS,' and is-engaged in intrastate mustard, 6,440,474 415,076 P; reserve {.. W/ Company,'since Jan. lr 1946, ' Street, Phoenix, Ariz.; : said state consisting of the M marketing at wholesale of products manufactured, packed and processed at. its plant in Los Angeles, California.. V: * "VV The company with its subsidiaries Is engaged principally in the • business of manufacturing, packing,, processing; and marketing - at wholesale direct to the trade of'coffee, tea, extracts,, spices, prepared is 1945 - were engaged in $12,058,244 —i iu : - " 1946 6,581,424 CommotX:,diyidends„ spe¬ adjustment SF ,i,r. COMPANY AND BUSINESS—Company is a Delaware corporation qualified to do business In California. It is also qualified to engage J* i»' business in Arizona and Texas, but is not at the present timei . $12,273,645 ——i.——1—_ — all $116 Pay! at the Wilmington Tfust j & purchased— Other income—net Annual per for ; I - Net. income: I • * ' debentures . regardless of dates of acquisition. for the full periods, of Philippine m properties and companies sold prior to as at Bcn^Hur PfodtlciSj InC' is ' inp.ome income ^debentures and parent companies indirect and next shrae cJ)1Tin[10n stock purchased warrants .1,415,623 • % I operations, for full periods,, of all companies well income $3,120,112' —.— inc. consolidated 1 stock per 1 T1Je hoider» of company's $263,500 10-year 5% convertible deben* tures due Feb, 1, 1951 were given am opportunity to exchange tfieir holdings for a. like principal, amount of- new -5% sinking fund debentures. At the expiration date Sept. 3, 1946 (3 p.m.. PST) $110 500>ol<| . operations, as Income^deductions aeauctions bef. special tax adjustment — cial $824(260 $6,951,741 - $49.31 ^ attacnea; at 1UU- ana interest. 3,063,682; , spe¬ adjust.— Net inc. Net 3,006,250. $1,194,681 Utility operating income—— * Net results (Maintenance V General taxes rs- Nov. preferred depreciation--—-—_-:--____4IIv'.V $3,837,942 . gas 724,866 . cumulative : Debentures Offered—P. W. September 5 made a public offering of $889,500 20-year 5% sinking fund debentures 3.892;287. $4,200,931 . which deductions , such parents, * * - includes subsidiaries Retirement Grdss : : properties owned at June 30, 1946 Excludes for Br°oks & Co., Inc.,- ' ~Z77ZTZZ—rrr*T' 1946) . NOTE—Above or in charges of the direct p 1946—12 Mos.—1945 552,708 4,467,687' 480,298 income— on result, financings, • — 82^7801 ^ 3,734,703 June 30, 1946.—V. 163, p. 2719. 36,519,436 34,526,661 Y Atlanta Gas Light Co.—Earnings— XX: 3,302,411 ,;j 3,386,654 6,562.669 6,464,822: 12 Months Ended June 30— ">• •>"T''V ■ XX:X{': ( Operating revenues 6,508,965 3,556,257 ;;: 3,261,273 6,763,014 ; Operation—natural retire. depr., depletion Amort, of prop. ^ $7,73o',229 ' 16,833,706. 18,310,282 income— on for and 180,735, , $7,935,634 ——$39,537,299 $39,706,549 $79,153,389 $79,403)897 earnings Oper, exp. : & -maint.— Taxes, other than Fed. Net Net •. | ( * $5,472,126,.- $5,867,352 depreciation-^,—;^ 664 098 918 716 before Provision TTT ~i * ——„—--—896,433-,-$2,239,883 income—— in' Jahuary; reorganization of after • „„„ $562,597. - ACCOUNT -1946—6 Mos.—1945 Period End. June 30— Gross $1,313,165 $63,404 ' outstanding...—... y;,'; $0.56 $0.24 (Company and Subsidiaries) Y shares 2,343,105 on CONSOLIDATED , ' * . . $620,949 Ending June 20— sales.. Income »•-. tfT &1K , § $7,754,899;, $7^697,^449?; ; ; taites- W cars wh!n d£ on " 132,438" V" »• cos.—-— ^ . stk. Balance for com. and surplus redemption cont^n-ggneiiwL. 392,388' . organized Y (oper.) 1; , ♦Attributable ■ for . deducts ducts, Balance $1,762^003v 1,199,208 599,604 ; Net 1,080,532 Reduction in Federal income taxes—701,752 ; , 599,604 $1,220,553 _—U— dividends 6 Months Federal reduc. 1 hopper im. addition v - Net inc. (excl. -of non-recurr. reduc, ift • _ . is , on 2,176.806;, ,2.155,636 Exps,K taxes & in,c. deducts, of Assoc. Eiec. do._ , steel > Manufacturing Co.—Earnings 401,481 ■ 1,192,345 —————— ner & -Sons Co.—Calls Pfd. Stocfei- 2.871,272: f 2,774,613 ,4• Frovision i foi(f Balance ——. $3,184,478 j 6,17,332- $3,769,116 $1,061,544 $1,311,439 deduct, non-recurr, {fSAAmA", income Gross Income :y . (bef, ' 1946 oHf% rate of 2,866,137" ^ 2,716,765: VV,. Shares. outstanding-^ij'V^^^ii^V"(including State income)-—„'—__>>\ .1,633,425 Earnings, per share of capital tsock.—, 1,632,099 !~«V. il64> p.; 851. » >• » t ' i. Operating income—. \ . taxes number Aug,.-.28 called outstanding sharer of 7% Belden $29,608,837 $29,314,688 10,721)565 11,125,156 —_— Other, income, (net)———■ - 1, 412,127 v.; company the 270,007 %; 1946—12 Mos.—1945 $1,380,282 '398,620.":,; - Inter., amortiz. of discount, etc. Preferred fori the company * * . $1,710,059 —a— Neb' earnings . this of 1946—6 Mos.—1945 Period Ended June 30— Expenses Inc.—Output- INCOME account of company alone „ Earns, properties $28,643,200 , taxes) "I Other taxes 31, 1946 totaled 87,873,000 kwh., an Increase of output of 79,746,000 kwh. for the corresponding: Aug. the over of week of output ended a same per share and accrued dividends amounting to ment wl" be made.on.and after Sept;;i6, 1946, Co.,,Wilmingtom; DelT—104l-pr, -"3;' j J,r.'L*.; .1 rV-C'v -1.945 295,524 for in week of Subsids:) , 1946 retire. 1 depr.), of plant, prop. & eqpt. Amort, of util. plant acq, adjusts, -U- , American Water Works & Electric Co., Domestic , Maintenance 600,000 shares of from par revenues, 3 > \ The v-. —— Operating expenses Electricity and gas purchased for resale—-— common shares, and an increase in- the$18.50 par value to 1,300,000 There were 471,500 shares of $18-50 stock outstanding, and after the split-up there will be 1,414,500 shares cf new $5 par value outstanding.—V. 164, p. 1198. ;-,:Y;7;. three-for-one authorized operating .. the the if1* , Total , approved 22, ; — the cL ^ cents each '■ . special a —. for interest for —'.$28,901,186 Water and steam heating revenues-—.———— Previously this year the company had paid three dividends of 50 cents each - revenues revenues at . .... (Incl. 12 Months Ended June 30— t. order an .. value stock par payable Oct. is dividend $?,837,394': 2,872,287 - This stock. capital par old the interest" The. company on. Aug. 31 requested bids on. 2,000 intended primarily for the handling of coal.,'. This I: >^(Joseph) Bancroft (Earning Power Basis). n rate ... ','and To Buy More Equipment— ,/ indirect parent, com deduction -will not be " " ' : • in-'January, 1946) i which after reorganization of such parents. the and that in settlement of contracts in such bonds made nrior to Sept. 3 1946 interest shall be computed :up . to Sept. l,. 1946 "at the rate of 1%< per;annum and thereafter at the rate of 2% ; per $.3 j— panies I( reorganized . at hoppers that wa* plaxed in June 8? "674 897. on which deliveries will begin during the last:quarter of thi& vear'* $293,782 >a , , 6,600 ; Th^company, also'.hasCom orders2;40O box; that :'" 4.-' T-;— '-^liveries" are-'completed on all this equipment -it) WiU\give the railroad ' " Van increased ownership of 6,400 cars for its $300382 V i^r$34 893^"* ' an ownership of 6.400 cars fnr fta fr<»loh^ confino *r freight- service.^-V. 164" income—_ ♦Attributable and income Federal in interest annpm; 6,187 2,869,919 V' dealt contingent . directs, that beginning Sept. 'annum, 8,612 - - in quarterly dividend of 25 cents a share a be 185,207 ■|. $3,163,70F —- jV..„ directors have declared The 96,884 ,,, 14,300 income___^*^_t—__-i and , y^;',,. Y non-recur^ ! • Corp.—Increases Dividends— American Safety Razor (before deducting; in taxes )_• (excl. Balance, of Price, $48 a share. Proceeds payment'of bank indebtedness. 1676. , $3,283,497 ——... • ♦ Reduction - ($25 par) common. working capital and shares used be ■•'•"•K". '■> Aug. 27 filed a letter of on company 6.000 will 1945 ' • deductions ~ I. Goods Co., Kensington, Conn.- -Files American Paper 1946 ', : j. Gross Income Total $8,156,027 $10,122,822 —---—— , 163, p. 2990. — taxes ring reduction Other 758*734 ? Total —V. income X'X 'a.-.—-a-—.. expenses payable semi-annually, of. 3%. payable annually. +>Tlle bonds Y<?rk Stock Exchange Nei*f shall these' 2,556,800 surplus, y—. income Fed. 125,000 par) no :———— Total 3,778,615 758,734 contingencies-i^-——rr:w stock Capital 1,340,191 890,000 i 265,867 ALONE INCOME—COMPANY OF 12 Months Ended June 30— 193,285 etc.———— Treasury tax notes) S. STATEMENT $127,616 221,358 commissions, payable Reserve $130,000 — *——-———- — "■ Monday, September 9, 1946 Associated Electric Co.—Earnings—' LIABILITIES— Notes ■'1 y THE COMMERCIAL & FINANCIAL CHRONICLE 1326 , 4h ' • ' ■ ' yplitme -164. -Jr - shares 8,742 will be used to ($5 par) Price, $12.50 a share.; working capital. No underwriters. increase Six'luxury Vi vt'r w&s Boeing Stratocruisers have for1 Corp. use C; been Gross Inc. " $11,570,181 ..2,959,342 .4 "l.'Jt'. Net>.:dper.iv profit__-_'_i income / $8,610,839 [i. : Total income the ating and the This Speedbird United order B.O.A.C., routes Kingdom.' the first being three Boeing ' 314A which between the North ■ KKP'- /'•.'/ second the purchase of Boeing purchase in 1941 of the ; -continent American '''Y::Z;:V:' the represents - ///•■/'. aircraft by Prov. famous now of disct. for flying boats, the Bristol, and Bangor, y to accumulate a total-of -596 Atlantic crossings during During this service they carried 15,630 passengers across war. the Atlantic. '• • i B.O.A.C.'s Speedbird Stratocruisers will be powered with four Pratt; & Whitney four-row 28-cylinder Wasp Major engines of 3,500 horse¬ power; each. Curtiss electric four-bladed reversible pitch. propellers Will be used, • , The { will order build for six to 55 major 164, the air total, number ;r carriers at per The directors, at the capital of the ; shares (par $5), stockholders ' on price in their additional share for each will be shares two made to Applications will be made to register said additional shares the Securities Exchange Act of 1934, and to list said additional on, the New York Stock Exchange and the It is expected that said registration and on Oct. 25 ;V';firibution. to . Capital * In lieu represent by" the holder for i' - listings ' fixed to assets expended in —v. p. 164, 1946 share of said will Exchange. be effective said additional be N. enlarge Approximately the company's South West Utilities Co. i $1.55 -Registers market in the will Y.—V. Gross 163, Net been . 1946 , Corp.—Exchange Offer— 1944 $2,618,925 1943 $3,051,2241,011,690 757,417 54,206 ,231,321 s ferred stock, without par value.—V, 164, p., 1079. 487,951 18,620,077 5,409,049 *1,348,552 1,745,001 20,276,530 6,277,8892,185,432 , income___ ; . y- yyWM Net - - 1946 *Defic^t*-fV# -164, , and other opernthiK *reveKue_.J/ "$3,290,639 Operating expenses and other charges.^——'— * 2,690,905 $2,'439,410 610,734 231,652 - 213,825 - . 15,076,487 1,419,561 *576,342 of p-. 679. : Jtlly— 2,851,879 Gross T'he $429,321 y $460,140 ^Deficit,—V. Two-for-One Stock Split— 912,989 : 234,388 > 11 1945 $921,153 240,513 17,100,759 6,488,905 Gross from Tailway..— fret from railway • . Net. ry. oper. income— 1 From January 1— Net from 116,767 / July— Gross Net from railway " railway™... y' 145,540 , From January 1— : ' • ' ■ Gross from railway/.^v-3,212,174 Net 4rom .rfl41way^/»i« :ry. oper. income..* i * Deficit.—V. 371,877 164, p. t . 679.. 5 .1945 3/ 1944 ... 1943 • $537,993 : $362,068 • /-197,520 • 90J52-* 85420.— * 33,652 . •* / ' < 4,163,198 658,381-^'f 1867^244* *i *27,483 911,434 -v v-.v;li - . - ' 317,730 183,183 w 1 v Gross from from - railway railway • $132,234 $126,708 •>. $140,194 *35,124 t iq-7 a , -account 1,665,561 tional 1,971,379 *60,878 • 808,045 . < 846,244 *327,802 2,002,763 98,349,900 26,631,750 13,148,200 *37,243 »'• -:••••/ to .& Pacific 1943 679. p. -• . : 4,032,820: 1,868,221 1946 railway./.. . 3,518,865 railway.!::*//:' from : 1945 94,774,046 91,556,989 27,433,990 33,660,934 13,718,614 18,768,899 - 703,448 $2,177,600 437,805 217,664 15,746,562 3,911,734 2,089,280 1 5,540,926 a for A. J. Earling, and*Southern v feight-months Vice flew 3,354,446 lr747,210 $2,259,753 708,831 - of .'1946; increase an to repay Angeles. Net $90,000 bank a • . bids for the purchase of debentures $77,500 000 maturing 1956, inclusive. '/ company at 61 Broadway, New 9.—V. 164, p. 1206. ' at. York Southern or for the corresponding 164, p. 1206. p.99%.—V. week will stock issued. was capital redeemed on also March will vote There issued are and par the to i rukcr tC» for for paid-in value •; of each surplus, such addi- ) of will be the company.— held for \'/' am°unted to 170,400,000 the corresponding week for *6.0%.: company on Aug. first new < and kwh., of 30 sent meeting to be held reducing the capital da&s- of ' ;compared last year, an Write- on to stockholders proxies and notices of Oct. 8, to vote on two resolutions— on cumulative - to No be such reduction distribution with-the proposed An - of of the $199,995,714 and to of of capital the shares of both types of stock the cumulative the common stockholders reduction .of affirmativeJ vote of $5 would stated stock be capital, holders would be value preferred stock would made in be on the would 3229,- connection . of 66%% of the outstanding required to effect the proposed ' ^amendments. Under the Stock Corporation Lav/, holders of the pre¬ •* —V: ferred-stock not in favor -Of reducing the capiatl may, prior to the / ' *746,552 ♦607,975 *518,198 special meeting, object -to such action and demand payment for 116,481 for .their'/ s.:-//:,-.-'-' stock-. -peripd-,(Of • 1945. This was an increase of 95%. These They have the right'to have their stock figures renreappraised. The com-Z' \ • sent traffic .on C. «Sc S. domestic routes which pany declares in (its proxy statement that serve if the holders of 300,000 Chicago-to New Central of Georgia >'"'0/:/':/;: , ^:-:/Orleans, via Peoria, St. Louis, Ry.—Earnings — •: /shares (approximately 15%) •of the preferred stock request ;such Memphis, Greenwood and Jackson; ap¬ "and Detroit to Houston via July1946 Toledo. Fort Wayne, praisal, the company rseerves the right to abandon the 1945 1944 1943 Indianapolis, Evansproposal. Gross from railway ville, Paducah, Memphis, Little- Rock. El Dorado The proposal to reduce the capital and establish an ,803,592 and Shrevenort, $2,954,989 Ser- '■ $3,427,456 "Unearned $2,965,093 vice on C. & S. Caribbean routes Net -from railway Surplus" account -rose out of the will begin in the fall of this 352,514 391,592 company's application to the New 1,049,666 year, 1,094,683 "i For the -month of Net -ry. oper. income—. York Public Service August 1946/ there was an increase Of 167,433 Commission for permission to issue 171,153 75% in 730,093 ,/ 656,072 $290,000,000 the number of revenue o'f Mortgage passengers carried as compared With Bonds, the proceeds to be used toward the redemption {f From January 1— August 1945.'., This is *the result of carrying 36,800 of $304,240,0Q0 Gross from railway outstanding callable bonds and debentures. passengers in August 1946 18,573,614 This re¬ 23,417,130 .22,738.013 as 21,493,282 compared with 21,014 passengers in August funding would be followed by refinancing of the Net from railway..—__ 1945. Revenue pas¬ outstanding preferred 1,298,996 5,392,468 6,577,008 senger miles .for 8,215,9.47 stock] At hearings before the Commission August 1946 were Net ry. oper. income... 14,147,100 as witnesses for the Commis12,336 compared with 3,246,138 3,781,151 9,048,713 for August 1945. V 5,208,33! .sien testified-that their "tentative" estimates ■V. 164, p. 679. of accrued straight-line ;/.:"" depreciation on properties of the company indicated Elects New Executive "shortages" at Vice-President— " ' / June. 30 in the book depreciation reserve amounting to $160,334,000, Capitol Liquors, Inc., Omaha, Neb.—Files With SEC— •/ The election of -Sidney VA. Stewart as Executive Vice-President, and /in the book depreciation reserves of subsidiaries amounting to Effective Oct. 1;-was announced on Aug. 28 by Carleton i. The company on Aug. 28 filed a letter of $25,097,000. Thei total of ther estimated Putnam, notification with the SEC v president. "shortage" in depreciation \/. ;,//; .... for 140 shares of preferred and reserve, together with other items of proposed 4,200 shares of common. Offer¬ Mr. Stewart comes to the airline from United adjustment, and al¬ Aircraft Corp,, where ing price, $1,000 a preferred 3hare and $10 a common lowances for charges to surplus of redemption premiums, unamortized share. he served as Vice President and General The Manager of .the .Hamilton company will receive proceeds from the sale of common debt discount and expense, capital stock and from the expenses and the like in conStandard Propellers division.—V. 164, p. 952. nction with the" proposed Bond and Preferred *414,077 ' *261,053 ' flew '52,436,165 passenger miles/' -f During the months from * Jan. 1 through Aug. 31, thd ' tarried 227,200 revenue passengers, as against "" * company >the same - . • ' . . ' . ( . . , Stock refinancing, (Reg. U. 8. Patent Office) William B. Dana Company, Publishers, 25 Park Plane, New York 8„ N. Y., 'REctor 2-9570. Herbert D. Selbert, Editor and Publisher; President; William D. Riggs, Business Manager. Published twlde a week offices: 135 8. La Salle St., [every Thursday (general news Xifad advertising issue) with a statistical Issue on Chicago 3, HI. (Telephone: State 0613); 1 Drapers' Gardens, London, Monday]. Other as second-class matter B, C., February 25, 1942, at the post office at New York, N. Y.,under the Act of March England, c/o Edwards & Sim#?. Copyright 1946 by William B. Dana Company. Reentered 3, 1879. Canada, $27.50-per year; South and Subscriptions- in Unit d"States and Possessions, $26.00 per year; In Dominion of Central America, Spain, Mexico and Cuba, $29.50 per year; Great Britain, cbnttwmfal NOTE: On account of the .EUrta* ^xcept Spain), Asia, Australia and Africa, $31.00 per fluctuations In the rates of year exchange, remittances for The Commercial and Financial Chronicle Dana Setberfc, William foreign subscription? ana advertise/acute must - ' shares further-expansion :</;• share 1946. authoriz- outstanding 149,977 shares authorized but unissued provide 15, on purchased) for the week ended 181,800,000 kwh., compared wth 165,50O;OOO corresponding week = of 1945, an increase of 9.8%. Local-" the 530,540. first period which 'r ' of After par value. books of the "Chicago the vote of Accounts), and changing the statement regarding company capital .in its Certificate of ^Incorporation to provide that the capital shall be at least equal to the aggregate par value of all issued shares having par value plus $20 in respect to every share issued without •August TrafficSales, .-^stated, passenger miles during of 73% over the-same : .,;' System 2,669,888 revenue 793^831:4 1945j when the airline & company and With of the company; the second authorizing preferred stock in series and reclassifi¬ cation of authorized but unissued $5 cumulative preferred stock and common stock into the new class of cumulative preferred stock. .The .present capital pf.the company is represented by 2,188,890 s/shares of $5 cumulative preferred stock (carried on the books of the company at $199,995,714) and 11,476,527 shares of common stock (earned on the books at $392,095,819), a total of $592,091,533. The company proposes reducing the capital $162,565,279, which is to. be transferred on the books to '^Unearned Surplus" (the title given "capital surplus" under the Public Service Commission's Uniform a 4,165,997 President—Traffic 90,929,000 for September kwh. special the ,14,990,414 Chicago & Southern Air Line, Inc. used capital account the aggregate shares The , railway p. - 274, To Vote on Jtew Preferred Stock Issue and Down of Stated Value of Common Shares— 170,746 " 164, ■; asked d^ib^3d.l al.ect,rl0«y 160,800,000 •-.< 1943 395,937 314,592 89,424 > y be common ikwh. Earnings 1944 $2,362,553 $650,000, will tricity (electricity generated Sept. 1, 1946, amounted to f $2,219,368 //-/v. C°nsoIidated EdisOn Co. of New York, Inc.—Output— Grp!ny,.0n Sept' 4 ann°unced that Systeifi output of elec¬ •6,291,459 • - Calls Its 4% Bonds for ■"/■/ ;/::/ - , Ry.- . ■ Fuel -Co.' below.—'V. °5rd of directors:-to issue one additional 0Wn^d', There will be transferred from the contihue -*78,341 • » & ^aPproved' the stockholders >\V. 163, Pi 1025. 1944 . : 163, pp. 2433 and Sept. 19 on increasing the authorized rom 175-000 shares, par $1, to 500,000 shares, par $1, a proposal'to eliminate from the authorized with 1 *20,452 *80,535 4,155,192: 14,739,287 Net from railway//: .541,563 Net ry. oper. income//// *1,448,923 "Deficit.—V. .164, p. .679.. A From January 1— ■ Gross from railway.— 915,919 Net from railway..:.:.;, y- *555,743 Net ry. oper. income— *906,581 l *Deficit.—V. 164, p. 679. ' 1945 • 2,495,782 '1,345,578 • Net a-.j'!.oper. income Gross 1943' par) to Purchase Class A Com¬ comPared with 236,834,458 Issuance v// 'Prom January 1— ■ $128,347 •;///- increase of 23,660,418 an 7,569,294 2,793,783 - .. from Net 'from - /„<<• v. ; *87,029 Net ,ry. oper. .income—. // *136,652 i r*?7 •1 ' 264 549 (no received by the .^stock the preferred 279,603 railway_iZ-2*i4i?.<?4,793,169 ry.voper income//, yv 2,364,459 Gross 3,728,071 1,078,484 income— Juiy—.A/ 205,772 l>485,330 / Co.—Offers at has noon ctn„b-to..approYe 361,093 8,029,698 2,746,260 Chicago /St.. Paul Minneapolis & Omaha Ry.- 867,573 3,615,054 . 6% & Light Co.—To Be Liquidated— Co. above.—V. 164, p. 553. > stockholders, from 164, r County ^ t°n S $1,034,282 01 , - • - Net $581,692 . •r of Fremont Gas Co.—V. a"id $20'000>000 serial 1947 to 1945, 1943 .$1,116,071, ; : shares Co.; 10,000 shares (no Co.; 100 shares (no par) Light & Power Co.; $96,500 Fuel Compo Shoe Machinery Corp,—Plans 100% Stock Div. 1946 ' 1945 J944 1943 railway.:^.. $15,569,516 $18,561,213 $17,176,436 $15,930,871 6,998,613 7;127;079 •" 7;206,487 Net ,, 2,872,247 3,020,182. ; 3,878,2514 From January!-— 'r. • •. Gross from : railway..... 91,609,742 118,072,335 108,038,409 103,245,008 Net from railway:./;^. <80,545,383 -45,221,119 41,972,775 45,586r498 Net ry. oper. income... < 9,027,960 16,885,680 17,414,097 .25,996,272 '—v.* 220;246 - railway.... ry.ioper. July— '"1,069,218 A 290,005 1,470 Traction & t Gross from - Canadian Pacific Lines in Vermont—Earnings— > 1946 / ^P. 1945 / 'il944-:^ I 1. July— Net 7,286,995 *550,415' Chicago Rock Island Maine—Earnings— $251,171 *36,957 *115,242 Wet ry. open income Net 1 348,810 1946 • i . 49,297 • 1,080,099 --485,038 and $5.25.—V. 164, p. 553. to increase- of ■ from Doniphan $2 000,000 -annuady up . 88^389,899 Net from * railway Netfroi 9,187,786Net ry.. oper. income.// / 1,267,046 V. 164, p. 679. 1943 :• . Co.; preferred ^ factory and office building at San Gabriel, Calif., townnn mu000' ancl PurPh6se additional equipment, h ,Tile ^alance wi" be added to working capital. be jf'100^ at offered ms m railway.:/. $14,047,840 $14,687,128 $14,021,615 $14,858,292 January !— Gross from railway $148,623 *37,919 43,225 • 369,056-'; 340,197 V 44,613 •, 961,002 . 1944 /$143,213 p. -678. Canadian Pacific Lines in ■ .- - 724,783 Neti ry. -oper. incomei_1 164, ' '1945 . • railway railway...... stock Light & Spokane Gas 'of Subsidiary, Which estimated v , 164 p:»679;. "From 3188. $144,295 $149,587 JS4,402 :/ ;i ,62/248 £3,467 52,110 - Gross from / Net EE.—Earnings— 1946 of Service «c in 2,036,060 «'4 1944 2,276,123 '1,295,820 1946 from Net- from , 0 Public Corp.—-Weekly Output— hour output of electric energy of subsidiaries •°? a<!iusted show Benfiral business conditions of) ?2fin aqPr7« nolGr ^ek ended Aug- 29> 1946. amounted to Ry.—Earnings— 1946 July— a Cambria & Indiana subsidiaries are Ohio and 90 shares of 7% preferred stock, and 42 shares of 5% preferred value of $100. of Toledo Edison Co.; 339,639 Federal Commonwealth T!ifi0Weekly k.i)owatt ; 283,661 Chicago <& .North Western Ry.- Gross i A'July— of Corp., Los Angeles—Registers The balahce special meeting of stockholders for noon On Sept. 27 to vote on a proposal to: split, the presently outstanding capital stock two shares for one. The par value will be reduced from J cash, which would be following securities the which common $2,428,213 625,728 1,895,969 $981,221 railway.-., $0.42 / $12.50 per thare tq $625 per '8hare.—-V, 162, in - -p. 2848. have called Cities on company of piSr City, - 5,455,304 ,770 -.iin i'in Buda Co.—Plans proposed and par bentures—; 7,153,739 2,504,829 17,735,525 750,291 The directors is Columbia Gas & Electric Corp.—Seeks Bids for De¬ 18,500,5ia $2,409,712 1,671,023 & Louisville ' ' from rNet ry.'oper.:income..., ■ $0.39 it Cities • u 1,094,456 shares—— to •; ■, /:/;/ 'Vv'-1 /"// ' /:' r ;' 3 hied a registration statement with the SEC 00TT sl,lares 5 /a ^ cumulative convertible preferred stock "UHderwriter, Maxwell, Marshall & Co., Los : fSte rate, 5,010,988 - 585 on of of stock common par) City Ice ; Sha?pj 1943 17,599,664 259 Per share Par> common stock Detroit Shares wni will nf Chicago Indianapolis $3f793,408 > income i_— consist ioanJ pdi-mn^H of • 824,767 261,618 1944 i$; 1945 ^Transportation- 1945 .349',812 . from; r©ilway_^__l ry. opery,incomev__ Net V Buckeye Pipe Line. Co f-V. 163, $3,000,000. Light other than & liquidation, oi!viary • $2!7964964 railway— railway______ ry. oper. income_„ ; From January 1— Gross from failway„'__ vvS;- ) Net in a par) stock SEC— $2,632,483 219,335 13,704,260 Gros?7rom J Net from aiyy/Net . 6 Mos. End. June 30— Power (no having common proceeds, 318,174 'railway ry. oper. 1945 $2,274,228 ♦Deficit.*—V. .164, p. 679. (the close of business on Sept. /4, 1946, .Of exchanging said stock on AAhare for share basis for the'recently authorized $4 cumulative pre-' i of share of 6% ($15 frtJhe,A°^pany. from Net; from 1 The-company has offered holders of the $5 cumulative prior'preferred stock, without par value, .the privilege, which will ■ each See Chicago Great Western Ry.—Earnings— ; one par) 1154. p, From January 1— Gross from railway_>__ manufacturing facilities.' expire outstanding capital & Light, proposes Power liquidation, transfer Cities shares prefeired With ■ railway Nefc from railway Net ry. oper. income— c^f a full have the set forth below, all Light, except Fremont Gas Co. 1 :°r.- scrip certificate, / by the board of,; $750,000 In companies & stock, Chicago '&Eastern Illinois RR.—Earnings— the .holder price Light Co. regarding the the the outstanding capital stock of Power & Light retirement. Prior to the aforesaid o/-E3,8'i60v.shares ($5 1 678. Brown-Forman Distillers : to stock, July— exchanged or capital stock company one-half the determined as provided capital. to assets the Power outstanding first mortgage 25-year 6% sinking fund gold loan certificates dated Oct, 1, 1923, have been called for redemption cn Oct. 1, 1946, at 101 and interest. Payment will be made'at the Central Hanover Bank & Trust Co., trustee, 70 Broadway, New York, , of & of and transferred $3,799,718 $2.68 of liquidated. All of the shares p.S. A. Strickland, President, stated: "It is deemed directors that the increase of capital .And the issue of the additional shares, as above outlined, will bring into better balance the relation c Power & Chesehrough Building Co.—Calls 6% Loan Ctfs.— under a full one $0.73 of common) par all Cities proposes to make a capital donation of $2,700,000 to i.iernt, wnieh amount is exnected to be sufficient, to eneble Light to discharge or provide for the discharge of all of its including its bank loan of liabilities, Principal 1079. , may hujy receive from the -'v!"share of capital stcok $1.47 cancellation Power .6,651,000 $7,444,404 surrender all Redemption— stockholders' stock:Two share^ $1,631,132 $100 Light be liquidation, the not be issued in this disfractional scrip certificate will be issued/ interest in one-half of a share of fractional scrip certificates thereof the Stock and; that actual'distribution .of may be made about Nov. l. 1946. Fractional shares of capital stock will • / before or Detroit jshiares - $4,010,290 shares & of Ci^®s. Service Power - shares \ - would r for " 141,012 5,541,000 (400,000 of The The company on Aug. 30 filed an undetermined amount of its.($5 V par) capital*, stock with the SEC.' p Company's name is to be changed by 'fj, 1858 post effective amendment to Central & South West-Corp. (Del.) Publie invitation for sealed bids will be issued for the purchase of a suf¬ ficient /number of such shares as same will be -constituted upon con¬ 0 summation of a proposed merger into the issuer of American Public if- See Cities Service Service Co., to provide funds for retiring .the preference shares of the y issuer and American Public Service Co., not exchanged for shares of y the merged corporation. City Ice & Fuel Names of underwriters will be supplied by amendment.—V. 164, p. -416 and 1079. mon Stock'of excess Stock Dividend— how outstanding. > 106,227 granting the application andv declaration filed by Cities Service a that Power & Light would transfer all of its assets $ 204,682 order an Service Power & mortgage bonds of ] This distribution; hf - the Additional Stockholders of record Oct. 25, 1946. - ; stock issued effective stock held Aug. 22, decided to increase from 300,000 shares (par $5) to 450,000 150,000 additional shares to be issued to the one 70,058 29 transactions: Co., the owner Service that Power m - com. p. SEC— meeting basis of 53,803 Aug. subsidiary, Cities proposed Cities $13,326,459 433,498 taxes on and its following 1946—6 Mos.—1945 . 3,173,000 / 3,1.88,500 Central •; Boeing cueing company the a sales 164, Co., v; snares 1078. p. Bower Roller Bearing Co. Z) Stratocruisers of total a —V. •< . , brings pf $75,000,000.—V. > Federal Net' income .. • 'V . Earns, • SEC permittingto "become +• $6,592,835 $16,615,5.70 $13,531,141 1,203,117 2,923,939 2,339,353 300,029 600,000 600,058 //. 300,000 income on Berwick er prem., exps combined the , debt and ■:/ / ;• companies) 68,617 f 1,329,016 debentiSS: on Amort, -Citi«s Service Co.—Liquidation of Cities Service Pow¬ & Light Co.— as " $6,524,218 $16,180,072 255,269 $8,866,108 Depreciation 1 proceeds $9,008,345 $21,866,005 $18,082,762 . 2,481,127 - 5,685,933 V 4,756,303 fyy Other Lord Winster, Britain's Minister for Civil Aviation. •/•/•; i .The 67Va-ton, ^double-deck, airliners are scheduled to be -delivered ,vv' to" B.O.A.C. by Boeing during the second half of 1947 and -will -imi- subsidiary 1946—3 Mos.—1945 from. oper.„ Sell'® adm, &; gen.v€xp. •'••Vt'hiby : America—Earnings— Period End. June 30— ; by: the'British Speedbird routes, it Allen, President of. ,the 1327 remaining shares mf preferred The company will use its underwriter named. No ^owned • ordered announced The The Celanese Corp. of < . its Atlantic on preferred. Vane being sold by stockholders. on - Aug.. i29 by" William M. * .Aircraft CO./ a subsidiary./;This announcement followed',;a;: ? statement of the decision .to purchase these aircraft, issued in Bond on J • " the of y additional working capital. Proceeds common. /■///Boeing . sale >of 00-shares Boeing: Airplane Co.—Unit Receives British Contract-- //Overseas-Airways .... THE COMMERCIAL & FINANCIAL CHRONICLE '/'/;): !;■ 7 Blue Bell, Inc., Greensboro, N. €.--Files With SEC— .The Company-on Aug. 26 if lied a letter, of notification with the SEC •-for // : . •r . Number 4523 be made in New York funds. as »i3f Moftfeo' ,4j fUifm'n-'jm #mus' vMoMiitt? r- «' JAlOHSlkMOO: rttRONICLE THE COMMERCIAL & MNANCIA^ VA:" ■i estimated by 30, was approximately $238,surplus, of t^e. company was the earned 1946, entitled witnesses, Commission's the June • estimates witnesses. prior the Commission's, of VUUUMiOtMUii. ii.— — ■ tion .>1946 ; July— $118,121 , $84,880 42,199 from, railway—— .A Gross T, 15,737 • « _ Net. from -trailway MA«.I . now: making.... Net necessity, of wa i * / <. $81,371 uled 5,723 7,741 v 8,558 •/■■■ 840 91 (without-. adjustment for • tax carry-back) to Federal's recently announced Model lines. .Important difference between model'will, be equipped with a double reductransmission; instead of a two-speed rear* axld. auxiliary of some the ^ ^ themt fpw weekg assembly lines later this year. The four to the 17 number of models units is new • ' - ex-" wlth otherg sched_ ; units Just new planned for an¬ production by Frankenmuth Brewing Co.—Extra Dividend— J' -quarters * similar Lippard stated that production of for 1946'« - . ■ V, ...... • - Federal for commercial use. These units ranging from the new Model 16M 1 Vi-ton truck, of 13,500 pounds gross vehicle weight to the giant 55,000 pounds gross vehicle weight units Just announced.—V. 163, p. 3416. /. ."•> provision-for suck accounting adjustments as may he,.finally, deter-Net ■i • - '* ■'""'A .• From Jan. 1 mined to be proper-, and.-necessary. so that. , the ^refinancing: of. , the p 713,638 > ' 564,444 ><*556,486 582,170 company's debt and. preferred stock may be.-accomplished as promptly aCrossAf ronrArai 1 wav 152,913 61,799 r>: 60,685 ?> 85,851 as<! possible. The Board>of Trustees believes that the proposed from railway : 63,887 * 9,051' A 17,262 "■/ 14,552 is-j in the best; Interests ,of all stockholders as a necessary step. to N^._v , -~"~V. 164, p; '681. permit the company, to go forward in the highly- desirable program " of refunding. The authorization of the two proposals does not, change the present proportionate share of any stockholder in the earnings . Dresser Industries, Inc.—Sales & Earnings— i or assets of the company." ■ ' A. Quarter Ended— > The company asks stockholders to authorize 2,200,000 shares of new i "V July 31, '46 Apr. 30, '46 Jan. 31, '46 Sales cumulative preferred stock to be later issued in one or more series. For $12,358,578 $10,636,540 $10,344,703 Net loss for period--!—————— the purpose of saving taxes on the authorization of new shares,-„it' is 159,462,,,-373,937,, ;.. 516,574 proposed to reclassify 811,110 shares of old preferred stock and. 1,The backlog at July 31, 1946- totaled $52,857:000, compared with 388,890 shares of common stock, which are authorized but unissued, $40,515,000 at April 30, last, and $28,824,000 at Jan. 31, 1946. into the 2,200,000 shares of new preferred. The old preferred would The corporation is again operating at a profit, and net earnings rank superior to the new preferred except that -new preferred stock for the fourth quarter and tax adjustments should offset the losses could rank equal to old preferred if the provisions of the old pre¬ for the first three quarters and result in a net profit for the current ferred stock regarding the issuance of stock ranking equally with it fiscal year, according to the company's letter to shareholders covering were complied .with. The Trustees may determine for each series of operations for the third quarter, made public on Sept. 5. • -V'. 1 new preferred provisions relating to the dividend rate, the sum per ' The month of July showed a small profit. < Net loss for the first share payable, on. voluntary or involuntary dissolution of the com¬ three . > ■ new being manufactured have nominal ratings ' 27,125 income—. oper. ry. be the or ."$84,361 . will \Monday, September 9, —i ■ coming off production nounced, brings 1943 ■ ■ is that axle and Mr. t A1944 1945 - ings before the Commission it recognizes;The now the two mitRtnndinB ^ "does not accept or concur in the opinions .and IIITVUVVWVV these Commission: witnesses bufcvin, view/of the -proceedlrinrv of Ul 65MA 65M2 30, :^'r Detroit & Mackinac Ry panying the proxies, estimates sole i The authorization to by the Commission of issuance of refunding securities by the. company. "Your; management," said President- Tapscott in a letter accom¬ COWIUttliCa' Written acceptance as agent, mot later reach the Detroit Trust Co*, 1946,: in.rorder .to .be effective. class B common stock, ho par value; whicn ;. woMncr is owned by City Ice & Fuel Co.; A voting nnwer power, is uwneu ZL las has bonds. said of must offer Sept; "au redemption the upon this of than \.y. : •f The Chairman 'ftf. the Commission indicated that provision should be-mad? Tor accounting adjustments resulting from the application of these ^ ''sflinr.'V.- -rill awswyawj. 1328 800,000. At $87,817,307. f- The cents directors outstanding record on v. 158, have share per plus common, Sept, 6, declared stock, both payable Sept. 16, Like amounts were paid 1946. t" the regular quarterly dividend dividend of 2y2 cents per share extra an to 1946 June on Garval Industries Inc., New York—Files 2TA the V . of *■ 15, last.— 770. p. of on holders With SEC— The company on Aug. 29 filed a letter of notification with the SEC shares ($5 par) 6% cumulative convertible preferred and 188,000 shares (par lc) common. Offering price, $5.02 a unit, con- ' sisting of one share of preferred and one share of common. ? Proceeds. for 44,000 . . will be used for leasing working capital. and for installing machinery ! ^ y>' - '■■/■'J. General Motors Corp.-Output Continues to Rise—-1' ■ totaled plant, purchasing and Issue not underwritten. a > " Production of passenger cars by General Motors in the United the .redemption-price , and- other provisions. AA:AA ; . States 0 $1,049,973.—V. 164, p. 825., -A >A AAA/ ,AA-" ">/'A in the week ended Aug. 31, 1946, was 1,783 higher than in the company plans to issue approximately 2,000,000 shares of the previous new preferred at not less than $100 a week and for the first time since V-J Day GM's weeklv car outDut share. The..precise method of, refinancine'The" pttMnt mrefer'red"stock and of issuing new, shares of 3 Duffy-Mott Co., Inc.—Obtains Loan—The Mutual Life ,'r-y went over the 25,000 mark, C. E. Wilsbn, President, .said on Sept. 5. nreferred has not been determined and will depend on market.con-. .. Insurance Co. of New York has bought a $1,000,000 15GMs passenger car production in the U. S. in the pany, The . ^ » s_.i.4. Consolidated Gas Electric Light & timore—Partial Redemption^The receniJw called company of sinking fund Sfnt 2 bSng ' monies $607 000 wTrp dnp 'made at'the 1206; ^w rv ■; : - l at 1969 '■' * and interest. 106 the'Manhattan outstanding and to take now / " - poration. Ral- ftf - ± * -r • y Pay- ^v UCtS. ' , of care enlarged vol- an by gm - ; ifil ' duced in August by GM compared with 75,051 for July.a Truck production by GM in the U. S. also improved during the . . v it is understood, will be in the market, probably —V. 164, p. 554. early next month, with a new issue designed to provide funds for ■'v'^.i-v't^retirement of its first mortgage 3Vi% bonds, due Oct.- 1, 1962. The V vviuviiua»vu V Consolidated Grocers V:, r Corp.—Common Dividend No. 2,>4outstanding bondslave been called for redemption on Nov. 1, 1946, at 105 and accrued interest. Company is a wholly owned subsidiary The directors have declared a quarterly dividend (No. 2) of 25 cents; :0f United States Steel Corp. The new financing, it is understood, per share on the common stock, payable Oct. 25 to holders; of record f will take the form of a $19,200,000 serial issue maturing at the rate Oct. 10. An initial distribution of like amount was made on July 25, of $1,200,000 annually over a period of 18 years. It is expected that last. •' ..v...-'. -V ' A V"''ivlA"'/ ■ "'A'" ^ the obligations will be offered for sale at competitive bidding.-: > • The usual quarterly dividend of $1.25 per share has been declared of the 5% cumulative preferred stock, payable- Oct. 1 to holders of Calls 3^4 % Bonds-— • record Sept. 20.—V. 164, p. 1080. -A;'.- • ^ • /A-'l'■ ■ A*'..--'". • ? All of the outstanding first mortgage 314% bonds due Oct. 1, 1962, have been called for redemption on Nov. 1, next, at 105 and interest. rv of New- Company, Baltimore, Md. ^ The t ♦ Duluth Misable & Iron Range Ry.—Plans Financing— Bank York, N. Y., or at the office of Alex. Brown & Sons in I mntely , 4 company> ;.A 1 -S the previous week.: fhTp?ivtoS wSk^ ared with gr.1^6 for pared Witn 36,338 f 36-338 for 338 July* „ . . total of a Of the total, 43 Following is Dividend— The Sept. Mass.—300 Boston, •• Payment porated, ; . Sept. 3 declared a dividend of 30 cents per share stock, par $1, payable Sept. 30 to holders of record This is eouivalent to 90 cents on the stock outstanding trustees the on Trust, Investment Consolidated divisions: t at Wall Street, 23 Consumers .'.•A;July— Power Co.—Bidding Gross ry. railway—— Club, Gross Net for Offering price, of business. operation Decca Records, Inc. «' $100 ^ - • - . were in Wk. End. provision of ■ stockholders the will authorised shares, and to vote Nov. capital 6 $348,882 37,019 2,318,990 2,486,458 484,859 from from 7 AC;. from on Dividend Rate Doubled— 1 ♦- ■A *83,925 681. • 500,000 ^ . ; ' 825. p. A'>• ' Decker cents 30 proposal to in¬ to 1,500,000 a " .. Manufacturing Increased— share, represents an cents per 2850. A Oct. increase share , 10 of All of the Gross A :'v:':/1 A Net - ■ , i- ry. declared to a quarterly dividend of 5 cents stockholders cents record share per paid in i'A'.-A '.A. :± was of 163, ' ' V, 1945 the over July.—V. Sept. 20. dividend 3131 pp. of 1943 $5,429,321 1,488,878 1,285,730 878,033 1,666,290 45,921,479 39,203,770 40,159,882 18,315,756 12,113,269 7,941,940 17,887,117 = on the 2,847,390 class Edison Sept. class income... 1081. / 1,467,222 • • Petteys, 8,402,345 y y.' ; 10,294,195 yy A declared also stock common vt title the each lieu of At of to receive bonds. fractional Payment 201 will West warrants Fort attached one share Non-dividend be p. 1081. made St., .A "A ; registration . T. J. Hanlon, of of class A Detroit bearing will en¬ stock common scrip Trust also will its - <•■ 11,484, » 9,350 A':A 14,764 V, 3,363 1,248 A 4,883 rt 9.3%, 296 7,667 145^00 119,056 . Corp.—Weekly Output— over the corresponding week of 1945.—V. [Including Statesboro CORPORATE AND Period End. July 31— Railway Railway A Net oper. ended Aug^ 30» 10,940,505 164, p. 1208. kwh.,- $213,573 181,283 ry. $1,347,423 1,155,201 $24,691 $122,091 $192,222 37,618 34,657 4,951 3,076 ,2,839 ; 25,373 ;A A 21 >871 21,750 A: A ,y ; 3,307 U 1946—7 Mos.—1945 1,239,848 opers. 1938—..— Ar A $1,361,939 Fed. RR. Unempl. Ins. of Ry.] $190,942 166,251 $32,290 Ry. tax accruals—Reg. :AA:'A 5,374' Fed. RR. Tax Act '37 i 3,858 Act AWf A Northern 1946—Month—1945 revenue. fr. A. A»?AAAA > RECEIVERS—COMBINED oper./ expenses rev. 5,133 * 276 3,756 Georgia & Florida RR.—Earnings— > ■ 20,188 value) first ' initial" dividend' of an stock, payable Sept. cents 20 ' a to holders 16 dividend of which a of owned is 20 cents by per share members of of Detroit mortgage 4 % Ry. $1,181,150 held the Jt. Net Non-oper. income A Gross Engineers Electric series new A, 314% Issue Interest of rate Public Co Service was first treasury company, has offered to all class A common and The increase in 'Period— A A' A' A which 825. be to ■' . fixed by Co. , Heralding the first Tinker, Vice-President , looks t forward to the baby charge blanket 2725. . "line" At in five years, Arthur sales, on Aug. 30, optimistically biggest baby blanket business in history. After A ' and ' company present Include the new and powerful 65MA in Features AA will this Stock announced in the that terms of heavy Oct. on its $5 1, stock is, and from the date of issue has ing gross vehicle weights of 40,000 to 55,000 pounds. All four of these units will be powered with a Continental R-6602 valve-in-head gasoline -.engine of 602 cu. In. displacement developing 200 horsepower at 2600 RPM and a torque of 464 ft. lbs. at 1250 RPM. pre¬ been, on Oct. Until share 1, 1946, and of on their $5 the that convertible date, holders convertible feature have preferred this of the stock re¬ termi¬ stock right into convert to lVh shares stock. After that date, any shares of this preferred remaining outstanding will not be convertible.—V. 164, p. 1082. of stock Grand Valley Oil Corp., New York—Files With SEC— 30,000 pounds gross vehicle weight with a double reduction drive axle and an auxiliary transmission, as well as three tandem axle six-wheelers hav¬ two 1946, convertible and accrued Also, announce¬ of to 'A - common new ■ Aa''a:a;;\ 26 occur Preferred The company on Aug. 28 filed a letter of notification with the SEC 300,000 shares C$1 par) common. Of the total, 85,590 shares are for to be exchanged for properties formerly tions to be will be New York. carried offered overriding royalty Interests in leases and fee operated by R. E. Leyendecker, Inc., and opera¬ on by the issuer. The balance, 214,410 shares* publicly at $1 a Proceeds will be used share. Underwriter, . $1,411,423 $1,556,914 '. /''A of ; traffic. or in part, upon call by the company at $110 per dividends. After Oct. 1, 1946, it will be redeemable upon call by the company at $105 per share and accrued dividends. To date, no part of this stock has been called for redemption. share Lippard, President. will ,/■■'. increase —Jan. 1 to Aug. 21—. 1946' 1945 1 ; $200 ; month last yeair. deemable, in whole each ment by T. R. These units 1945 A >'.A. August on . nates. • 1946 :A :$58,500 Convertible important changes stock.. of !;n Change Oct. 1—I.a '—aa' ferred years of diversion of production to take care of military needs first, the corporation is back in full production for civilian needs.—V. 163, p. tion The in to Week End, Aug. 21 - • new due was "a duer to increase in sahie Goodyear Tire & Rubber Co., Akron, Ohio—Redemp¬ bonds, and sale of a maturity, the bidding.—V. 164, competitive *.,* rents 1,427 A/ $51,859 a-A'A'-'aV:"" was 6,745* $53,286 v 1,522 the $46,541. A.::;, *$44,491 'A'"'"' expenses compared with equipment Operating revenues .J. ' —V. 164, p. 1208. due Nov 1, 1970, through the issuance mortgage bonds with a 30 year first of as 7,817. $3,198 in .operating costs 14,005 *$42,969 -A ■ $8,661 • increase and material A A;,-AV'V $3,414 A'A; 216 191 A'a,VAV;. 54,960 •$50,786-AW $3,227 187 $115,506 74,133 A 14,003 $8,852 int.. to $37,350 1 8,610 A 1,988 vA.)A. 1,191 income.. NOTE—The considering mortgage Federal Motor Truck Co.—To Add to Line— City Ice & Fuel Co. to which the sinking fund bonds shall become of $6,500,000 A $7,661:; ■l'''% ...U.;— appllc. 4 »Deficit. " * •The. company is making plans for the addition of four duty models to augment its present line, according to an its Income Surp. lab"1* (2-6636), filed July 26 covering 550,000 withdrawn Aug. 29.—V. 164, p. 825. Paso A; $13,825 $19,751 :> income. oper. ry. Deducts, from on Co.;—Registration State¬ "i-- ;• j-v' jr. 1 that the El outstanding 29 August refunding of A rents (net Dr.). A * 10,118 A fac. rents (net Dr.) AAA/. : 1,972 the 'a\ ,, in issued public. in a abovemen- be of Co. Mines income.... oper. Eqpt. ;-p-; '..'A",y\A;'/• A ■['/. r;::'•'!/ for shares. ' par or „ ^ Mich. bonds The City Ice & Fuel Co., the parent purchase at $18 per share in cash any (no Av , 12,903 ' :AAS:AA Esmond Mills, Inc.—Blanket Line— I ( Offer Made to Purchase Class A Common. Stock— stock ■ , Vice-President Jr., its p. -' holders 14,861 electric output of the corporation for the week amounted to 128,333,352 kwh., an Increase of 1946, statement the • the Said Dec. * at Detroit, to 31, 1945, there were outstanding tioned bonds, of which the City Ice & Fuel $233,700, leaving $947,450 in the hands of if'*}' 30,909 —. t,;v & Fuel Co.—Calls 4% Bonds— 1948. trustee, holder $100 „ El Paso Electric Co.—To Refund Bonds— company has called for redemption on Sept. 30, next, at principal amounts thereof and accrued interest, all of the outStanding first mortgage 4% sinking fund bonds dated Aug, 1, 1933 1, all Colombia Canada The r! The Aug. common shares of capital stock, was :;;Vr v:;A.../ , director.—V. 164, a V. Detroit City Ice Non-detachable declared 3 B family.—V. 164, p. 1081.",: El the successor 38,205 20,098 rrUj' The announced due The f Declares Common — , ment Withdrawn—:• Denver Tramway Corp.—Secondary Offering—Boettcher & Co., in August sold 2,450 shares of new first pre¬ ferred stock (no par) at $40.50 per share on behalf of and 50,053 General Public Utilities sink- 'a 28,349,506 3,687,410 The Manufacturers Trust Co., New York, N. Y., has been appointed York transfer agent for common stock voting trust certificates. Co., ' .i-;i >. a : New Alonzo . 180,000 shares of no par, $1 dividend, pre- A preferred stock will be callable at $21 per new on the directors The $6,251,199 3,170,648 p. * class B shares are the only securities of the company which are held by the general public, such ownership re-A; (suiting from the offering last month by Riter & Co. of 110,000 shares, representing part of the holdings of Mrs. Mina M. Edison, widow of the famed inventor-founder of the company, and his two sons, Charles*" and Theodore M. Edison. Ar 'aAAA 'v'-'-A.. •''A- -Earnings— 1944 directors share j of record Sept. 6. and $7,492,089 railway..^—_ 164, The of for 35,007 Total, U. S. and Canada. -V. 164, p. 1207. AA-AA (Thomas A.) Edison, Inc.—Initial Class B Dividend— per ,A ■ \ Transfer Agent—.V —V. issuance stock. The This 419,578 oper. 164, p. 681. Racing Association, Inc. the figures July • share.—V. 164, p. 1081. a 726,174 From January 1— from railway. from production August — Cadillac a 1, next, at 100 Bank of Canada, ferred , "r- 1,316,859 Gross Net Oldsmobile Oct. involve ' •'''-v;};v ■% income... oper. truck and car 25,206 527,54?, July and August, 1946: ' The corporation declared a dividend of six shares of $1 dividend preferred stock on each share of common stock now outstanding, pay-, .able Sept. 12 to holders of record Aug. 30. :"A. v A :. • As there are 30,000 shares nf common stock outstanding, this will 164, railway—. railway from ry. year.—V. 'A'.'A 'V, 1946 from Net 34,538 Chevrolet—Passenger AAA a Truck AAA Pontiac "i J—£—; 512,332 outstanding series A and series B first mortgage 7% Eastern Co., Albion, Mich.—Dividend IV4 which ' ■ Net 893 36,981 *: .. Dividend in Preferred Stock— last 29, Denver & Rio Grande Western RR. July— , Corp., New York—-Registers With . V,.: MAyA-yy;; A a#a / 29 filed 792 of ■ 1,251 . ' August 29 on payable 3% Dec. on yjy- ,->y The directors per paid V'A'' '• 345,291 *389,747 : • _ 12,054 ■ 14,663 : 679,049 East Kootenay Power Co., Ltd.—Calls Bonds— y » -a-;."-.>i?v- ;a-v- also was . 62,283 683 1,316 67 59 comparison a the months of 2,350,104 ' * 549,923 shares directors on Sept. 2 declared a quarterly dividend of 60 cents share, payable Sept. 30.: to stockholders of record Sept.. 16. In preceding quarters, regular payments of 30 cents each were made. of 1 2,473,213. and interest. Payment will be made at The Royal in Montreal and Toronto; Canada, or at the agency of said bank in New York, N. Y.—V. 161, p.;I(®4.>iAvV;,A';;: 'AA A;;;: The extra Following is 133,054 / 4,369 823 Total, IT, Sa and Canada——.. ,«,i railway.. railway ' 1,011,642 75,944 45,166 1,344 —— GM of Canada..... $349,212 48,481 23,517 . ) ing fund gold bonds due April 1, 1952, bave been called for redemption - per An $339,827 w ' 3.033 A GMC Truck registration statement with the SEC and Coach—Trucks—. for 94,000 shares of common stock. (par 10c). Underwriters, First AAA'; Coaches Colony Corp. 25,000 shares being offered by Dumont, Electric Corp. ■V; A GM of Canada—. *' $450,284 $1.16 *$967,534 $2.49 two-for-one basis. a Coaches 1943 " 54,694 5,152 ^—... GMC Truck and Coach—Trucks 1944 ' h 59,087 general corporate purposes.—V. Income taxes/ approving on stock split up the shares ' !- 144,352 « 3,662 . ;^V^;A1945 1946 all estimated for 1945 1 AAff 167,878 8,585 ! 3,639 —...— Cadillac 1946" 11,930 9,326 3,812 A' Buick shares by Dumont Electric Co., a. limited partnership... Net proceeds from the sale of the company's 25,000 shares will be used for !,V;/A.T' $734,329 •A * j Oldsmobile 1207. p. : Aug. 31* 1946 12,034 . Incor¬ Co., Jan. 1 to Aug. 24, 1946 .and 69,000 Plans Two-for-One Stock Split-Up— crease Chevrolet- -Passenger y Truck Pontiac Ry.—Earnings— 13,704 The company on Aug. A on The & Wk. End. Aug. 31, '7 SEC—-yv;,;: -y A a; • //;y:a:a Proceeds will unit. a Consolidated net profit after est. income taxes'* Earnings per share on 388,325 shares outstand." . 164, 44,552 ry. oper. income •Deficit.—V. h 64, p. (& Subs.)—Earnings— 6 Months Ended June 30— •After Morgan $386,004 Net 30, Stuart I. Whitmarsh, trading as Debutante Register a letter of notification with the SEC for 1,000 units of participating membership. used P. income.: oper. Dumont Electric Debutante Register Club—Files With SEC— be J. York, N. Y.—V. New 7?A- 1946' -:.-y From January 1— R. Aug. filed of railway-^.. from Net Stock Delayed— on 7,:r:L from Net Whiting, President of Consumers Power Co., announced Sept. 4 that the time lor presentation, and opening of proposals for the purchase from the company of $20,000,000 of its common stock had been postponed from Sept. 10, 1946 to Sept. 24, 1946.—V. 164, p. 953. Ou office the Duluth South Shore & Atlantic prior to the distribution on June 15, last, of a 200% stock dividend. Payments of 60 cents each were made on March 29 and June 29, this year, on the old stock.—V. 164, p. 953. ' Justin made be ; reported • on common 16. will was 40,166 com- GM production fell off slightly last week compared with 62 'for the previous week. the United States and 16 in CanadaVtit-^.-;i%':.fv^t a tabulation of production figures for car and truck a-'-!- ^ 1A--A:.A-59 • . 1 Wlt?nS8' Production by GM Supplier strikes affecting with .. . week cars n!1 ^°5 ^?e* ?ame Per^°d of 1941, j Total U.S.^output^of passenger cars for GM in August was appro*-" 35^ higher than in July. * A total of 101,278 cars were pro- ;v: nauondiiy Known xruu pruu R « V, 161, p. 6, ' , 31 «eWy production by gm in 1941.Passenger car production. 1 in this country for the year to date has been 342,075 compared of approximately 45,000 of business of Mott*s nationally known fruit prod- ume for redemption; on Sept. 5y 1946^-but of first refunding mortgage 3% sink- top v/r sinking fund note due Aug 1, 1961, of this cor- A .Proceeds are to be used to retire 4 fzio noteSv- year 4% • , r*n pnw»r sT m, Aug, 164' p- tlme ons » Leven Brothers, for direct corporate purposes. / - THE COMMERCIAL & FINANCIAL CHRONICLE Number 4523 ^Volume 164 1329 Great Britain & Canada Investment Corp.—Calls Debs. ■ v All of the outstanding 4Vi% 30-year convertible debentures dated April I,*-1929, have been called for redemption-on Oct. i, next, at 100 -and interest at any branch of The Royal Bank of Canada in Canada, at the agency of said bank in New said bank in London, England.—V. 149, Hazel-Atlas Glass Co.—Split-IJp Voted— ; •V capital ■ p. 2232. ; stock. of the No _ - new announcement increased ' July—.. ■" Gross . •Net • ' 1 ■ from Net ry. : ' - / from - income. Gross from 3' Net from Net ry. . —V. '1,372,256 _ 1—", " 164, incomes 683. p. ; . Gross ,. Net from Net ry. Net ry. Jacobsen Mfg. Distribution 1 •' > be paid on the quarterly basis, having been $1.50 a ; Co., ... to and ... $246,155 1,665,098 1,569,436 334,894 413,051 income •Deficit.—V. 164, p. •5,458 • r 595,911 52,485 118,715 379,915 • , Dec. supplies) San of and commercial Francisco, fishing San 1 Pedro each r . The > and is now Gulf, Mobile proceeds Ohio RR.—Equip. Trusts Offered— Sept 3 awarded $3,000,000 equipment maturing Sept. 1, 1947 to .1961. ,to Salomon Bros. & Hutzler and Stroud & Co., Inc. This, group submitted the best bid received by the railroad for the issue, bidding 100.73 with a 2V2% coupon. Halsey, Stuart & Co. Inc., bid 100.058 for 2Vss. Salomon Bros. & Hutzler and Stroud Co., Inc. reoffered the certificates maturing Sept. 1, 1958-61, at prices to yield from 2.05% to 2.15% according to maturity.—V. 164, p. 1208. & company on .trust certificates Promissory notes... NOTE—Under company 10,740 at $16.50 after per share at which if exercised on on the per Aug. fund sinking 1961 1, due debs., Fed. i *Of the Bhares plus reserved Harris $200,000 •lrom their annum bears and to as notes are the of being per issued ' 1 , - „ net proceeds in and, if the purchase with in are The to of with The balance its and cents *> >''[., of flat and molded shapes. otions have "World j / )■ been War been -Ixave as and to and customer's ,:in to excess has been if any, remaining after the July 31— to added limit : Gross ex¬ -J/4-', to the present the _ amount to be purchased from the company's line Co ^.$450,000 Frank Inc.™—., 225,000 Waddell 175,000 Co. Link, , First Knowlton Gorman & Securities & of / SUMMARY OF ; Mill Co Co. & May 31, '46 sales of $1,571,400 $7,822,816 1,357,019 6,454,014 ^_^-™-™ products sold— adv., adm. & Selling, 1945 0 general V River the . . Jan. 8,673 62,846 $736,246 233,600 615,887 and in of of 932,635 64,125 661,529 4$19,219 profit income 33,046 ™™__ $752,914 : or The $251,387 The includes company 5,850 Fed. 4,607 deductions^+_i_^ Other taxes on $817,703 $13,826 income 2,500 income- $370,540 38,750 112,697 , t490,000 X inc. of taxes Net' and prior on years— 221,522 77,252 , profit—notes Cr35,000 , wartime forward to A. D. Plamondon applications of Jr., , 1,776 ■ f $288,953 $180,590 , and . before or • Oct. income the New be converted into and '; 164, p. 558. : automatic an quantities. v $361,355 1945. $382,601 196,109 approval York ex 239,738 V 177,357 i; ' 1944 ! .'■ j;'.;" 1943 . $494,916 326,134 . 134,868:' $503,395 343,788 183,419 193,276 942,511 1,574,466 1,665,573 3,378 1,557,597 >; 687,229 745,872 122,008 x 661,541 346,329 380,214 322,117 of stockholders at the Stock Exchange directs that the common distribution until further notice.—V. said on series A, Telephone & V of the operation, include purchase July— Gross Net : ; from which /' ' Assurance ! of a new Society of $60,000 each June 1, 1947-60 -!:v - ■*■.;::/ ^0-• pay $160,625 mortgage notes held by the $350,000 short term bank loan, reimburse 196I^xx'Vx-;-y:iVv::;:--.:-i-.:;';X used to retire for capital expenditures. and for ' ' ry. '■'-■/x • railway™.. 1946 price will supply outstanding in the Argen¬ the Argentine Government - 1945 $223,147 $261,572 53,467 81,854 railway„™„ income-^ ,/ 15,432 From January 1— from railway.,— 1,487,064 oper. Net from Net ry. —V. railway income™ oper. 164, p. 728. working capital. • ; - 362,102 99,5t8 "■* •' " y «-? V 1944 ' $237,59( 62,665 22,130' 1943 $238,958 , 70,23£ 17,554 21,45( 1,940,187 1,992,072 1,845,08] 680,855 738,446. 793,43: 172,415 170,062 194,721 - / Lehigh & New England RR.—Tenders Sought— The Tradesmen'3 National Bank & Trust Co., trustee, 1420 Wainui St., Philadelphia, Pa., will until 3 p.m., Sept. 16, 1946, receive bids foi the sale to it as of Oct. 1. 1946, for account of the sinking fund,, oi first mortgage 3% bonds, series B, due Nov. 1, 1975, to an amount suf¬ ficient to exhaust the sum of $40,000 at price hot exceeding 102 anc interest.—V. 164, p. /7! 1210 j* Long Island RR.- -Earnings—.. ry. markets 1209./*' 1, Gross Sells Net p. execution The loan is to mature be company, from from Swedish the Life Lehigh & Hudson River Ry.—Earnings— /• ^ the approved Equitable at 102 Va and interest. Payment will be made at the office of The Pennsylvania Company for Insurance on Lives and Granting Annuities; trustee, 15th and Chestnut Sts., Philadelphia, Pa.—V. 162, P., 3075,,. due xT-..' 6 the A, Net — will August from Lehigh Coal & Navigation Co.—Partial Redemption— 1865. Corp. be 1255. p. There have been called for redemption on Oct. 1, ne*t, out of sink¬ ing fund monies, $195,000 of 3Va% sinking fund mortgage bonds, reries 1, next, at 101 Bank of Canada, p. Telegraph stock V,; Nov. Royal on loan company's treasury, 164, p. 280. 15-year notes, 3Vi% / —V. 163, p.;'1569. Ltd.—(J^lls 4%( ^otesTrr convertible Vancouver, Canada.—V. 156, 164, 1946 - . income— $410,000 June Net and to bonds.—V. Ishpeming RR.—Earnings— * .V.. stockholders the Argentine telephone system with the equipment required during the term of such contract. In addition- to the preferred and common stock the Argentine company-has debentures Swiss -/v 1946, the trustee, The First its office, 38 South Dearborn at 728. to insurance plant, new " assumes.—V. 1, bonds product, commercial income— p. Proceeds July— Gross 1946 from railway™. railway : oper. v- -, $4,996,429 1,846,225 income... 1,102,113 *. 1945".^ . 1944 * $4,775,479 r't • it •.. "■.«-v 1943 $4,823,754 $4,615,589 -..2,006,627 1,235,56? '996,662 2,157,022 1,915,179 1,142,355 From January 1— +$52,117 contract termination ' sales ,of $531,920 in .1943 and $984,313 in 1945. tlncluding excess profits fLoss.—V. 164, p. 683; V. 163, P. 2580. ' , now $41,718 •Including war $495,200 in 1944, tax of $400,000. , E F '" Cr88,232 ... on Chicago will receive the United States. permanent in States, ' • advisability Oct. on railway™.'.. railway™.™ quoted tine, Refundable that oper. The the operation of the telephone system and whereby the Argentine factory of the IT&T and its other subsidiaries, including the Federal Telephone & Radio Corp. in the United $82,947 ' its securities fixed oper. $1,250,000 technical advisers in Total made Langendorf United Bakeries, Inc.—New Loan— erection Greenburgh, Westchester County, production has entailed no $94,991,324 in cash for the common and preferred stock of the Compania Union Telefonica, of which, IT&T owns 98%, and the exe¬ cution of two 10-year contracts .whereby the IT&T will continue as $77,097 9,777 , its at be from 164, special products in terms strike ■ purchase by the Argentine Government from this corporation of the Compania Union Telefonica del Rio de la Plata principal Exchange application to on The (United River Plate Telephone Co., Ltd.), which serves Argentina with ? one of the most modern telephone systems, was announced on Sept. 3. The purchase sale agreement is subject to ratification by the Argentine > Stock that Lane Bryant, Inc.—Plans Stock Distribution— subsidiary, ' York Commission annual meeting to be Sept. 9, 1946, an amendment to the qertificate of incorpora¬ be-filed on Sept: 11, 1946, pursuant to which each share of common stock,- of no par value, will be changed into two shares- of common sotck, of no par value, by the distribution on Sept. 12, 1946, of one additional share to holders of each Share of record Sept. 11, 1946.- peaces-0 x'j /x' of land have been acquired along the Saw acres for this of according all Argentine Subsidiary— its $360,763 64,788 , the from Subject / 681,404 time of railway railway 164, held 678,387 $847,942 of Gross Other ;' wartime facilities, the outstanding 4 % International 50,000 1943 New determined $1,295,510 the winnepeg •' . ' Montreal, Toronto, Halifax, Saint John, Quebec, Ottawa, Hamilton, London, 11,591,713 550,042 which from from ry. Gross $1,359,635 922,659 2, 1952, have been called for redemption interest. Payment will be made at The Congress. expenses Gross ry. 96,912 Industrial Acceptance Corp., All $8,588,316 $12,350,216 7,677,510 at >' July— Net $82,984 :■! in from carried of shares - y.; 4,211,688 $673,400 132,875 program plant almost Parkway production of 1944 .. were Lake Superior & adjustment income bonds.—V. 164, p. 684. on Reconversion of "B4" From January 1— 4,278,924 /v. 93,829. ultra-modern adjustment " the on 1086. tion'will post-war expansion new, p. after consultation with the SEC. follows a public hearing held at amount 5% from 132,132 cents I 1946—7 Mos.—1945 Detroit, Boston, Rochester, and Springfield, Mass.—V. Years Ended Dec. 31- — 23, Bank of Net $150,517 Purchase 70,000 55,000 Co.____ issue action and Net $146,803 / $75,444 close, of \'i, 31, 1946, $807,200 aggregate principal interest-bearing bonds will be issued in conversion exchange for outstanding first (closed) mortgage bonds (income $5,507,198 , the listing stock, $1 par value,'of this corporation. ordered suspended by the Board at Its common announced that $4,952,325 x at . 34 164, share a distributiqns company on Aug. 27 filed a letter, of notification with the SEC 100,000 shares ($1 par) common. Underwriter, Keane & Co., Detroit. Offering price, $2.50 a share. Proceeds will be used for working capital to enable issuer to produce its Motor 608,190 9,249 record shalre a cents All The 1566. $138,130 $66,195 of cents 45 Salle-Wacker Corp.—Fixed Interest Bonds— is $746,320 « of fund. corporation's Electric 163, p. distribution/ of 25 for which will be used largely the permanent magnet field. Cinaudagraph Corp. of Stamford, Conn., was also Tevealed by Plamondon. The Cinaudagraph Corp. has been a manu¬ " i :/ facturer of permanent magnets, since 1934. . Indiana Steel's manufacturing plant in Valparaiso, Ind., occupies 11 buildings covering a city block.. Executive offices are located in -Chicagx), with sales offices in New York, San Francisco, Los Angeles, for EARNINGS 5 Mos. End. *Net the of years, 0. Lake State Products, Inc., Jackson, Mich.—Files With SEC— RR.—Earnings- . — York. major 50,000 Fusz-Schmelzle 125,000 a New - Cost 10 profits bond interest-bearing ■/ ' " • , ■ -.v > 'v.v; Assistant General Manager was of - . $75,000 Co._i : Chicago 125,000 Inc. Mason, Moran & Co._^-_^ ■^0 XV; incom e on The tfye. principal :*4//. V 0 v.;^ Derapsey-Tegeler & Co the 29 Exchange Chicago, 111., tenders of exchanged for said fixed ■ 1946—Month—1945 charges adjust. Income the general and dishwashing machine, in of .the of .' paid the of August on Indiana Steel Products Co.—Expand? Production— 0 by each are a's follofws: Straus & Blosser^^ Herrick, Calkins period a , company's continuously through time. / Certain and dropped It not for continuing profitable business—particularly because shortages. ! •^0'0?>/.0 0 Kalman & Co., Mr. , income bonds Company could have obtained orders considerably of that amount, but has followed the policy of attempting its orders to customers and products offering the best/? Brailsford & Manager 0 Deficit UNDERWRITERS—The names of the underwriters and . Sales $703,031 636,837 Operating income Int. request. material named revenue oper- # f President, * because second;'/ magnets have been V/ Approximately 14 specialized products Generally speaking, 1- was St., i ' .) ■■ 1945, Manager, for oper. Non-oper. opportunities of \w_. \ Industries, Inc.—Official Named— Oper. exps. and taxes <H[ r BACKLOG—Company, as of July, 1946, had orders on hand, which had been accepted by it, in the amount of $3,763,933. This does not include orders totaling $120,000, held in production or shipping at : ,y : "Fortnight." from realized profits! of high-grade common stbcl? shareholders shares.—V. Governors this small National • declared a dividend of 50 cents per share $10, payable Oct. 1 to holders of record 1459. p. semi-annual "SI" distribution 1'4•'/4. there "SI" August 2, August the bonds) $232,671 was made on July 1, last, as compared 1, 1946. Distributions of 50 cents each were July 2, last year, making a total of $1 paid April 2 August, Sales •Income 000 from time to time in the past. •-/. 26 in on latest amount of Bearing Co.—50-Cent Dividend— Aug. on Calkins R. Gross not described above -590,924 \}, of registration —V. entirely in the production of aircraft grade plywood for military planes. • Following the first World War the company directed its operations primarily to supplying operators and builders of railroad passenger car. equipment, aircraft, trucks, buses, boats, elevators and escalators with plywood and other laminated products in a variety ■0:0 490,825 • as the Exchange was d;scussed in view outstanding in the hands of others than S. S. Kresge and The Kresge Foundation, the small fair dicated market value of the issue publicly held on this basis, the present status of the company following its partial liquidation and the inadequacy of distribution of the stock.—V. 164, p. 1210. on of " ., known distribution series to 1946. last, meeting $823,595 $194,264 regular a special 1946 the Securities Dealings /meeting, OF $685,089 $168,477 , '-•> -r Hudson & Manhattan almost , V $576,764 408,287 $198,2691 . »Exclusive of interest : ■ 15, on Board the and $797,433 26,162 19,024; , 1 on April period End. HISTORY AND BUSINESS—Company wasf organized in New York Dec. 11, 1917. For the first year of its existence it was engaged , $409,991 to although and company, . oe •, semi-emnual 15, cents Net will be added to the working capital of segregated for such purpose, will be used generally for the payment of the company's bank loans. \: the 53,622 • a Keystone regular March 45 The ; '603,803 _ a and the on to -'^.v;; 0:, plant at Grand Rapids. penditures above referred 634,417 announces share regular $6,618,933 5,217,697 $666,065 - Corp., now a division of Howard Industries.—V. such such net proceeds, of $523,142 to ' , Kresge Department Stores, Inc.—Delisting Sought— > was stock, par A similar distribution on Prior intends to use a maximum of approximately $75,000 proceeds from the sale of the debentures for the purchase In connection v ;v- ; i;;/ 661,027 211,722 Toothmaster Division. of machinery and equipment now owned by War Assets Administration and located in the facility now leased by the company and operated ; magazine / ' company net /! period 1945.—V.: 157, G. of preferred stock of Humboldt Plywood to Humboldt additional funds. Thet equipment of a fir plywood plant. of the 769,132 $312,641 capital Howard prefrered stock and any additional be used by Humboldt in the construction and lunds loaned /•: 97,350 'T/Cf 25 made loan to necessary, purchase so 6,908,561 . * in¬ 194? $8,209,043 5,643,701 net proceeds of the : for directors the proceeds from the sale of the debentures are estimated at $1,285,563. Company expects to invest $750,000 of such Corp. 1943 1085. p. Sept. 20. . . _ of STATEMENTS $6,827,870 income r on increases in inventories proceeds of sale of the to and " 1944 notes finance receipt of used pending On company $6,053,575 (net) on profit X interest the 2V2% the • which articles A ; distribution from realized Keystone series "B4" speculative The expenses^!-. 146, 4, The • $200,000 These • PURPOSE—The be to warrants been dated July 16, 1946, become due 90 days at the rate of 2% per note dated Aug. 6, 1946, which / annum. The amounts borrowed 1946, 1946. and bear 1946, COMPANY'S 1945 Hoover Ball & since May 31, 1946, has become in¬ Bank on its unsecured notes as 14, $100,000 -./• debentures. have shares ^ 42,000 • 6, dates receivable accounts of 3, of [-, < special of and Savings interest at the rate of these on Aug. respective except ' additional . & stock common exercise dated June dated of of company Trust $200,000 shares amended 4,971,802 income Net amount upon LOANS—The to lollows: ■ issuance debentures. BANK debted unissued and indeterminate an for the and authorized PREDECESSOR sales taxes —V. stock. The stock will be offered stockholders far the ratio' of- one share for Without ; ^ payable Sept. business Aug. 30, the par) a the La ! $1,400,000' *"400,000 shs. 191,830 shs. Capital stock ($5 par).. OF r? 11 '. . $1,400,000 < Jan. shs. (no ' Outstanding Authorized 4 15-year 4'/a% effective f: 360,000 incorporation, of shares company's !/ '* r-'-' of Other ; V a and are to Operating CAPITALIZATION, GIVINa EFFECT TO PRESENT FINANCING; . the articles 12,000 INCOME Cost • share and shares SUMMARY prior to June 30, 1949; there¬ or before Dec. 31, 1951, after or share if exercised warrants will be void. $18 Under became original issue to ■■" ■' . underwriting.' Price, $15'a shareat $1,500,000, will be used to retire a $500,000 loans, to make loans to The KVP Co., Ltd., a sub¬ increase working capital —V. 157. p» 254. ) corporation a fund; 24,000 shs, 360,000 shs. company's Co.—Reg¬ V: •«: y Keep Asociates, Inc., Los Angeles—Files With cents on par) Calendar YearsHr Net sales T due Aug. l, 1961. 1946, held. underwriter named. The Outstanding $750,000' par)si,, 24,000 shs. . registration; statement with the SEC a "■ 45 issue 24,000 preferred shares (par $25) and 360,000 ($1 par). On April 6, 1946, 360,000 common shares ratably to the holders of the 10,740 shares of the com¬ pany then outstanding in exchange for such shares. ; , / Each $1,000 debenture will V carry a detachable bearer warrant, entitling the holder of such war> rant to purchase 30 shares ($5 par) common stock of the company H '00-'' at $15 per share if exercised on or before Dec. 31, 1947; thereafter l, • • • $2 issued were 000-15-year 4%% sinking fund debentures due Aug. 1, 1961 at 100 and interest, with detachable warrants to purchase common stock. Dated Aug. the which authorized Haskelite Manufacturing Co. — Brailsford & Co. and Herrick, Waddell & Co., Inc. on Aug. 30 offered $1,400,- * ($1 issued. were corporation |PI - ($25 • Keystone Custodian Funds, Inc.—Special Dividends— / FINANCING, ' Parchment common semi-monthly No '000,, authorized was common ; shares TO $750,000 ™ 5Vi%, pfd. shares Common GIVING EFFECT i Capital stock:,. X : * Sept. 3 filed before CAPITALIZATION, the SEC The company on Aug. 26 filed a letter of notification with the SJEC shares ($5 par) preferred and'15,000 shares ($5 par) com¬ mon. Offering price, $5 a share for each class. Proceeds will be used to linance new company's The with bank sec— . ; With SEC-j notification for 30,000 from the issuance and sale of the preferred shares deducting expenses) were used with other funds in treasury In the sum of $499,064 to pay in full the $1,039,064 aggregate principal of the temporary indebtedness' re¬ s'/ maining unpaid.: X/x>0 '■ .-.••• \ 0/0 ''■■■ .W' the shares O. D. PURPOSE—On ($540,000 683. five '' • • . Diego, 1865 in San sec—",;•••: sidiary, and to supplies and - *w.* Proceeds," estimated corporation:", short-term a of Vegetable for 100,000 shares ($10 par) for subscription to common 13, 1901. vPredecessor company was in the general wholesale and retail engaged • (marine stores- in? business and quarter' 828. ' (Mich.) The company on Dec.-5,. 1945, company negotiated $1,789,603 temporary loans to complete the purchase of all of the issued and outstanding shares of the capital stock of predecessor company. . oper. isters with fishing supplies business in California. 66,327 1,613,954 with - the* name California company* is chandlery business 1, 230,540v in .Calif. The business had its origin in Ban Francisco the largest ship chandlery and " 100,876 . 5,849 the ship « . 53,161 22 1,509,042 railway has succeeded-to letter ; 1945. •' 29, each p. / . incorporated in California Nor. Racine, Wis.-^Files Milwaukee, Wis. be used for working capital.- . was paid 164, Underwriter, Gardner F. Dalton & Offering price, $20.50 a share. Proceeds will - *COMPANY—Company Co., The company on Aug. 27'filed a for 9,340 shares (no par) common. ;made on the dividend rate to was (C. J.X Hendry Co.,• San Francisco^-Offering of Stock I—First California Co., San Francisco on April 18 last offered 24,000 shares ' of 5% % cumulative preferred / ; /..shares at par.($25).v >'•.> 1 ^-x;; ; 'J 46,450 9,122 v.: 1943 1944. $245,390 $234,234 42,022 income™ From January 1— from railway from ' ' xi Earnings— -'1945 X 0c ,.,v Gross Net 25. This compares with 35 cents per share from April 14, 1945, to and incl. July 15, 1946.-r-V. to stockholders /Company railway oper. par from 600,000 April from $1.25. ^incorporated 1946 , . f railway.™ :'C $227,209 V from increased Kalamazoo . ... , in Sept. split-up of the was also authorized an amendment of the charter make perpetual the existence of the corporation.—V. 164, p. 955. • 6,474,960 /.A,741,061 3,561,566 V 3,156,493 r. 5,759,371 - '. Vb*V''£*'< ./ Green Bay & Western RR.July- 1943 ■; ,V 87,396,300 118.827,995 116,075,134 106,247,908 V 13,923,018 40,153,432 39,134,681 39,831,030 i 5,397,820 16,934,537 15,567,067, 15,997,863 railway.! railway..— oper. v '1944 • • 8,500,196 2,514,834 railway.™; oper. 1945 The ■i shares T. x five-for-one a authorized $13,092,966 $20,132,829 $17,657,299 $18,928,733 railway..— From January "S- 1946 - <' i; : - approved of The $25 stock was on ' Great Northern Ry.—Earnings— number shares of $25 par. shares will be made about Sept. 17. shares. new Sept. 3 on The 3,000,000 shares of $5 York, N. Y., or at the office of or stockholders The . ' Gross Interstate Department Storey i ;; The ^directors have declared* share on the common a- Inc4—Larger Dividend— quarterly stock, payable Oct. dividend 15 to of 5a cents holders of Net from Net per record ry; —V. Zl. 26,070,299 26,388,636 railway income.^. 5,307,149 6,902,507 from railway oper. 164, p. 728. > 296,793 2,003,680r 25,867,598 " 24,503,084 6,104,218 1,386,756 6.879.431 2,277^816 THE COMMERCIAL & FINANCIAL CHRONICLE 1330 ••• Uiipoln-Boyle Ice Co*—Partial Redemption— Chicago, 111;—Y.. 163, p. 1286. " ; corporation, plans-.to issue $750,OQO-of 2Va'/o 30-year first mort^ gage bonds. Proceeds will go to improve plant facilities. The company ,has already, made improvements of $400,000 this year and cony • (P.) Lorillard Co,—Partial Redemption— called been redemption for : The redemption on Oct. called for has company ; i There The ; ' has a.m. stock, par $100, of recently' announced been "Because 1946—Month—1945> 1946—6 Mos.—1945 $664,752 $11,502,439 $6,990,699 $1,270,084 — Bids had been asked for postponed, temporarily Stock Increased— L ' , 500,000 shares of common stock, with a par value of $1 to 1,000,000 shares of common stock, $1 par value, and 100,000 shares of preferred stock, of no par value, was approved on Aug. 28 by a special meeting of the shareholders., V. 164, p. 1086. * ~ The ficm capitalisation in1 increase strike a DeVlieg said.—V. Ratified— ■' fac. in 164, p. supplier's plant," a ' Mr. DeVlieg said, 1087.. Net on; 7,461,055 52,142,330 53,301,024 $2,288,026 237,715 $.1,777,770 $11,663,282 $14,556,429 209,743 2,039,061 .1,816,681 $2,525,741 income oper. ______ on $1,987,513 $13,702,343 $16,173,110 $1,811,523 $12,489,613 $14,940,385 172,955 income 175,990 89,493 1,232,725 581,857 458.271 1,550,000 ™ —. Balance > of, incomes —V. 164, p. 560. / $2,263,293 Northern Engraving .Registers WithvSEC— $1,725,880 $11,907,756 $12,032,114 Mfg. & Co*, La Crosse, Wis.— company on Aug. 29 filed a registration statement with the SEC shares ($2 par) common stock. Underwriters; Cruttenden & *> 5^5 ► ' 1,212,730 85,643 ^ J Aug. 26 filed a letter of notification $3,900,931 $18,946,110 $38,096;872 2,906,413 12,499,917 28,365,760 $994,51B $6,446,193 $9,231,112 Cr796,948 05,336,772 05,446,921 013,696 0119,683 0121,604 Snkg. & res. funds-app. Miscel.; approp. • "we / - J5rl4,686 (net)..: 1"c°me^ T-'-rr funded debt interest Co. Ail shares issued are account of present consists • • • The- company • 1946—7 Mos.—1945 v $2,352,786 rents Program; Delayed , Magma Copper Co.—Stock Increase 2,145,434 Net rwy. National Aircraft Corp.,. Hagerstown, Md.—Files With sec— accruals!..,.— tax $3,700,400 Other income < , . . 11:30 supplier of ■ $11,361,986 $71,088,440 $91,397,896 7,808,225 revs.. Hy. Jt. suspend production of our Nash Ambassador line of cars two-weeks ago and it will be another two weeks, at least, before it can be resumed." -v;''., V'', ■ The Nash division produced 61,897 cars from V-J Day through Aug. 21, instead of 108,795, the estimated projected, total made: last December when Nash announced it planned to be producing at the rate of 800 cars daily by August of this year. Only 350' cars a day—all of them Nash "600" models—are coming off the assembly line at present, Mr. '• departments. oper. oper, Income,.™ $1,554,966: Eqpt, rents (net0747,746 forced to were; rwy. Rwy. strikes- and resulting materials shortages .have delayed the postwar production program of Nash Motors by at least six months, according to R, A. DeVlieg, Vice-President in charge of . Lytton's, its subsidiaries and: licensed of expenses.— Net Postponed No date for the sale has been fixed.—V, 164, p. 1087. Sept. 4. manufacturing. ♦Sales oh announced London, England. Nash-Kelvinator Corp.—Production Inc.—V. 164, p. 1211. Period End. July 31— .: bank in New York, N. Y., *1946—Month—1945 ^wy, oper. revenues.- $11,508,625 oper. Rwy. 140,614 common shares by the Standard Gas & Electric of Automobile • Lytton's, Henry C. Lytton & Co.—July Sales— ♦Sales Period End. July 31— _ 1946, apperof such couon Nov. 1, 1946, in accordance with its terms.—V. 163, p, 2729.:» >;■: Co. ? by L. O. Hammett, President of this company, the controlling common stock interest of which is reported to be owned by. ML Lowenstein & Sons, at the agency of said bank in Mountain States Power Co.—Sale of Stock • All of the 8,000 outstanding shares of preferred Orr Mills will be redeemed cn Oct. 31, next, it was was Norfolk & Western Ry.—Earnings— ; „ Street, New York, N. Y.—V, 164, p. 558. : $112,000 of interest The sale Calls Stock— Nov. 1, next, on represented by the coupon due Nov. 1, taining tc the called bonds, will be paid on presentation operation of the sinking fund,. $181,000 of first mortgage bonds, 3% series due 1974, at 103 and. interest. Payment will be made at The Chase National Bank of. the City of New York, trustee, 11 Broad (M.) Lowenstein & Sons, Inc.—Unit called for redemption been the office of said or next, through ;pod 1, have option of the holder, Redemption— Louisiana Power & Light Co.—Partial Sadacca, Noma's President, . 161, p. 2335. 5% % first mortgage BO'-year sinking fund series A gold bonds, for .account of the sinking fund, at 102. Payment will be made at any ''branch in Canada of The Royal Bank of Canada in Canada,, or at, the : : ; Henri new directors are David F. Kahn, former President of Estate Stove Co., absorbed by Noma at the beginning of. this year, and Leo L. Pollak and Carl Schlesinger; former President and Vice-President, respectively, of Pollak Manufacturing Co., which has just been merged into Noma Electric Corp.—V. 164, p. 1212. , Montreal Island Power Co.—Partial Redemption— f on 140, Broadway, New York, N. Y.—V. 164, p. 282. to Pl56 other w . templates spending $900,000 in the next 18 months.—V. , V; Oct. ,1, 1946, $320,000 of 20-year 3% debentures due Oct. 1,' 1963,.at 101% and interest. Pay¬ ment will be made at the Guaranty Trust Co. of New York, trustee, have ' v .There ing Advisor \ The has called for redemption on Oct. 1 1946, out^ of niqk,.lag fund monies, $70,400' of- first mortgage sinking fund- 6% gold bonds, series A, dated April 1„ 1927. at 100 end interest. Payment will be made at the City National Bank & Trust C<?., corporate trustee, The company 208 LaSalle St., f Missouri Public Service Corp.—To Issue Bonds— :■ Monday, September 9, 1946 of manufacture and outstanding Offering price, holders. and sale of and being $16 metal sold, for share. a nameplates, the Business instrument dials, clock and watch; dials,; etc. with the 6EC Offering, price; $100 a share. increase in the authorized v for 2,000 shares of common stock, Proceeds will be used for general corporate purposes, principally for capital stock from 410,000 $10 par shares to 1,200,000. The company said that from 200,000 to 250,00 shares would be offered initially, with research, experimentation and perfection of patents. No underwriter ^ proceeds used to finance the development of the low grade copper, ore ;:V;bamed.. body in Arizona of San Manual1 Copper Corp., a recently formed subfiidiary. *' ;■ vv,;vvV,< 4* - ^-r": s Neisner Brothers^ Inc.—Split-Up Approved-*— The substantial increase from the present capitalization of 408,000 The stockholders on Aug. 30 authorized a t.hree-for-one split-up of outstanding shares was sought because more shares-may be issued at a the outstanding common stock and an increase in the authorized later date, since development of the ore body must be conducted on a shares from 400,000 to 2,000;000: There will be 618,702 shares out¬ large scale and will involve considerable expense if it is to be successful, standing following the split and the company has no plans for issuing the company added.—V. 164, p. 829. ; r •" ; ; the additional shares immediately., it was .announced. The stockholders on Aug. 30. approved an Northern Pacific - ■ Gross Gross ' Net t cumulative preferred 3 Mos. End. 6 Months Ended: i-Jun. 30,*46 Jun. 30/46 Dec. 31,'45 Jun. 30,'45 Earnings after taxes™ New England Gas & on 352,167 shares common of tBased on 343,047 shares of cpmmon '• •;{_"v..■W-'V*'•'.■ £hare. year ago. Gas output for • early May of increase 1946 ■ The Corp., New York — j •! With Files ^ SEC— •The on Aug. 28 company filed a letter of notification with, the SEC under¬ issuer's 93,000 shares of capital common stock' (par . 20c). No writing. Price, $2.70 a share. Proceeds will go to expansion of business.—V. 164, p. 729. • ••• directors have s;:-1' ^ directors Aug. on declared a dividend on the common stock . common from $276,188 $246,473 163,666 169,174 102,212 162,743 1,636,190 761,281 1,119,385 ; 1,780,174 V 882,180 Underwriting, Howard R. Clinger and Oscar M. Lyman, both of Salt City. Proceeds will be used for payments of accounts payable, working capital and repurchase of stock previously sold. N. Y.—V. 1,574,718 632,855 1,061,026 ;; 797,830 • from Net from Net ry. 7':. 1946 ' ' 1945 $1,169,095 54,733 railway. railway. oper. " $1,227,241 169,127 * 12,110 .. ,44,512 income— - 1944 . $1,317,993 361,602 88,458 Net $1,182,523 Net 322,429 .' 279,986' Net from from Net ry. 7,711,054 40,918 *337,693 railway railway— oper. income.— ♦Deficit.—V. ' 8,854,646' 8,720,101 2,315,177 '2,669,324 888,979 1,033,574 2,050,040 railway. 2,582 1944 $155,032 from Net ry. —V. railway oper. 164, 1943 .mission on Aug. 29. ^ from ry. 25,925 *60,062 5,601,215 4,953,645 52,167 *719,734 383,684 *313,229 662,237 152,134 railway.:* $277,479 railway™. 16,291 ry. 18,785 26,726 FromJanuary 1— , * Gross from railway—2,279,815 Net from railway.— 567,964 Net ry. oper. income... *63,597 1,150,922 390,086 499,478 227,242 174,546 . 1,004,473 oper. income.— $438,863 172,473 $380,398 146,964 60,818 *70,983 1944 .. *Deficit.—V. 1943 $175,806 $233,360 $179,374 *5,910 82,738 ♦1,157 *45,819 34,146 *13,717 1,412,688 1,441,734 1,291,599 65,984 income--♦Deficit.—V. 164, p. 729. 20,276 195,106 *93,118 *254,538 412,004 134,426 . ■ : , than r railway.™ Net from railway Net ry. oper. income FromJanuary 1— from railway Net from railway Gross Net —V. ry. oper. 164, p. income share- for each ' ten «■ of • - • the price at which the stock is to that at the time of the hearing on Aug. 8 with _ T. A. & T. Co.—V. 164, p. % 1088 and 957; Pateros Mining Co., Spokane, Wash.—Files With SEC • Offering price, 25c a share.. Proceeds wHl be used to purchase equip¬ ment and develop mining properties now held by issuer. Peninsular Oil; Corp. With sec— Ltd., Montreal^ Canada—Regisf The company on Sept. 3 filed a registration statement with the SEC for 600,000 shares of common (par $1). Underwriter, Sabiston Hughes, Ltd., Toronto,, Canada. Price, 60 cents a share; to purchase drilling machinery and other . 2,867,148 1,155,034 406,186 3,473,314 1,509,520 532,360 New York Stock (Excludes L. I. R 95,149 1945 1944 1943 $519,513 $545,226 $546,901 $578,113 240,527 291,250 261,762 329,405 117,141 130,132 3,164,457 1,332,815 3,559,952 550,192 829. 76,750 151,001 3,984,170 3,857,514 1,734,766 2,094,070 668,613 824,176 2,120,661 848,668 * . R. and B. & E, R. R.) 1946 —Month—1945 3,425,730 1,612,830 640,863 $ Rwy. oper. revenues Maint. of way & Maint. of equipment.— Traffic has expenses Miscell. received struc. expenses Transp. notice from this cor¬ stock of record at the close of business on Sept. 5, 1946, of rights to subscribe for Americaa shares of O'okiep Copper Co., Ltd., will not be made to stock¬ holders of record on that date.—V. 164, p. 560. Exchange , Pennsylvania Railroad Regional System—Earnings— 230,663 Newmont Mining Corp.—Offering Delayed— Ry.—Earnings— • f * 1946 1945 1944 1943; railway— railway.... $673,103 84,692 $620,077 $806,036 76,005, 625 10,116, 541 16,813. 997 1,327, 249 34,861, 208 ? operations General expenses 1,583, 698 1,569,261 — Net rev. fr. rwy. oper. 235,434 — income—. 5,387 42,451 103,669 $ 1946—7-Mos.—1945 .;V" V: ' : J ,jV;?'-:" ( 81,508,704 454,044,783 577,076,636 10,084,049 58,139,623 66,862,923 16,141,793 109,192,829 108,412,602 1,092,240 9,235,661 7,363,339 33,023,395 227,981,117 239.885,757 1,422,4'/0 10,754,244 9,478,704 1,461,556 11,345,196 10,753,582 4,625,834 487,628 952,672 4,902,127 1,429,655 *59,973 372,901 4,813,635 1,029,313 409,119 Jt. taxes.. 1,158,774 1,352,276 (Dr.)__j. 674,413 retire, rents fac. rents (Dr.),... 163,582 18,283,201v 27,396,113 134,319,729 5,101,899 9,895,000 35,713,294 7,603,597 7,685,975 1,092,320 8,967,917 8,237,319 1,183,293 2,717,181 5,494,837 553,133* 1,457,553 211,193 1,242,553. 117,807 4,530,709 Equlpt. 256,202 From January 1— Gross from Tailway—— 9,733,671 1,414,000 Railway taxes Unempl. ins. taxes..™ $790,110 116,348 July— Gross Net 1946 from one - and preferred shares were held by American Telephone & Teleas of July 5 the company had 6,763 shareholders other common $513,370 V 60,654 164, p. 730. Norfolk Southern . July— of poration that the proposed offering to holders of capital 25,210 Monongahela Ry.- -EarningsGross rate - be sold. Its opinion noted i the company's common stock! was selling "at about $155 per share" and that the company reports its book value-at $101.50 a share. 1 *,, U ? ;j At the hBaring the company "will; be afforded opportunity to show why its proposed common stock issue should pot be sold under corm; petitive bidding, or why its application should not be amended to offer ; ; its stock to present shareholders at a price more nearly approaching : the present market value," the opinion said. > The opinion added 2,839,902; or 86.55%, of the 3,281,250 outstanding •; Railroad —. oper. at'(he took Issue Period End. July 31- . The 1945. 1,058,765 from ry. preferred held. Commission ' *4,212 — income™ 1— railway™Net from railway Net The or Net proceeds will be equipment. Business exploring for natural oil and gas in the Peninsula of Gaspe, Province of Quebec, Canada. ,.. c. ^ From January Gross stockholders common „ 375,664 167,100 1.283,220 $150,444 17,711 railway™. railway: The Commission, however,, deferred actioa untjlt' 1943' 1944 1945 1946 • from, 62,578 —_ income.— ; Net 1946 oper. and 152,111 4,945,648 from Net Missouri & Arkansas Ry.—■Earnings— Net ,v after, further hearings on the proposed sale of 328,125 common shares. The company proposes* to- sell the stock at $100-a share to preferred used 54,454 855,088 194,687 July— Net > ters •22,293 L1 60,597 v Gross from - 250,627 70,686 729. p. Common Stock Deferred— on The company's proposed $75,000,000 debenture Issue, to be sold at L competitive bidding,, was*, authorized .by. the. California. .Railroad Com^ t ' ■r Gross from railway.— Net ' 1943( $985,847 - 4,092,742 *85,577 *875,698 $149,152 $168,473 ■ 47,789 Gross . From January 1— . 1944 $905,645 New York Susquehanna & Western RR.—Earnings— JUly— 1945 $66,481 11,028 railway—, ry.'oper. income... Net » ' consists of 1946 from 1 , , . thorized—Action, : . 164, p. 956; Julyfrom '1 The company on Aug. L2 filed a letter of notification with the SEC:; I for 392,000 shares,; non-assessable stock, ' No underwriter named. -. V 1945 145,664 ry. oper. income™ ♦Deficit.—V. 164, p. 730. , Gross ' Net Mississippi Central RR.—Earnings— Net * railway from railway^.— Net 8,307,980 2,033,778 ; railway. $751,401 from railway.—47,567 ry. oper. income... *95,107 From January 1— ■ With graph Co. and Ry.—Earnings- $774,948 1946 from Gross from From January 1— Gross v'.;':'; July— ' Gross 1943 D.—Files ■K'-^'Pacifi^/TcIe^oneh^'hiTelegrapli^iDoy^^ebehtures'^ • Minneapolis & St. Louis Ry.—EarningsGross of tungsten mine.,, . l, 1946, 164, p. 730. New York Ontario & Western July— S. - • for account bonds, series B, due Oct. 1, 1975, at 102% and interest. Payment will be made at the Guaranty Trust Co. of New York, trustee, 140 Broadway, New York, Lake Spearfish, ■ share. • $173,000 of first mortgage 27/s% fund, Co., i . v , railway— the sinking :: • .The company has called for redemption on Oct. of Exploration 595,873 , v •; Partial Redemption— a L-yv-; 152,364 3,498,123 936,794 for • - ; for 200,000 shares of 1943 186,703 1,213,825 278,655 579,543 ■\ Net ry. oper. income,— . -v; 28,985 3,370,539 The company oh, Aug.- 28 filed" A lettW of notification, with the SBC' 180,000 shares of common (par 10c). Offering price, 50 cents ah No underwriter named. Proceeds will be used for development - v 1944 71,713 income— oper. From January 1— Gross from railway——. letter of notification with the SEC stock. Offering price, 25 cents a share. Aug. 28 filed 520,289 177,937 common - Net Mica Mountain Mines, Inc., Salt Lake City—Files With on 716,851 348,392 V 18,270 \Xf.. ' " Net ry. cents a share, payable Oct. 1 to company from Net first sec— 3,617,144 \ -L; i $239,978 122,122 $164,321 23,412 * of 50 holders of record- Sept. 16. This is the payment on the issue since a quarterly disbursement of 40 cents share was made March 1-, 1931.—V. 163, p. I8681. > railway—railway 201,937 from railway *485,413 ry. oper. income... *842,153 "Deficit.—V. 164, p. 730. -Earnings— 1945 1943 $568,708 79,323 ' *5,463 dividend' on 1946 July— 1944 SEC— declared the full quarterly 79,476,273 29,591,727 17,149,381 $480,801 $507,279 80,395- 52,113 2,486,757 Service Co.—Declares Dividends 29 1945 $484,899 V Net prior Gross from : The ; r 12,633,916 Net : v a > , 28,384,965 income... oper. O.-F New York Connecting RR.- Merritt-Chapman & Scott Corp.—Resumes Dividend— The - 88,429,100 20,380,603 From January 1— from railway.... , for , - record Aug. 31, of month of June, 1946, 2,280 shares of the company's con¬ preferred stock were converted into 9,120 shares of common stock, thus raising the outstanding common stock to 352,167, shares. While this conversion took place iu the month of June, earnings for the quarter and for the six months are computed oh the actual shares outstanding as of June 30,1946.—V. 163, p. "3287. Messenger or railway. railway....— Gross 30 week is reported at 115,450 Mcf., an 14,66% above production.of 100,689 Mcf. Aug. lien preferred stocks, payable on Sept. 16, 1946, to holders 1946. This dividend is applicable as follows: Threequarters of the amount of said dividend to-the quarter ended, June 15, 1936, and one-quarter thereof to the quarter ended Sepk 15, 1936,: being the first quarters for which dividends are in arrears. - Checks fo? the dividend will be mailed Sept. 14, 1946, to stockholder# of record of Aug. 31, -1946, on the following basis: $1.50 per share on vthr prior lien preferred stock, $6 dividend series, and $1,75. per share on the prior lien preferred stock, $7 dividend series. Like amounts were paid on March 15 and June 15, this year. V-v:.:'; Distributions of $1.31 V\ per share on the $7 prior lien preferred ;; stock and of $1.12% per share on the $6 prior lien preferred stock1 r were made in each quarter during 1945.—V. 163, p. 2730. J the the Mercury the 14,761, Mcf., New England! Public ' vertible •« of 84,988,588 11,811,926 1946 from from Net ry. ■ Division.In Net -L j corresponding week a year ago.—V, 164, p. 1212* in the the company purchased for cash the assets of the L. M. Persons Co. and the Southern Electronics Co. except accounts and notes receivable and cash. A complete report of these purchases was made to the stockholders. The business of these two companies is now being transacted by McQuay-Norris Electric Products In Electric Association—Output— v; 14,249,466 kwh. above •: Gross the week ended. Aug. 30; the Association reports electric output This is an increase of 1,524,219 kwh., or 11.98% :production":of 12,725,247 ,kwli; for the corresponding week For > outstanding June 30, stock at June 30, 1946. For the 12 months irom July 1, 1945. to June 30, 1946, the net earnings were $703,544 prior to the preferred stock requirements of $82,579.87. The net available for the 352,167 shares of. common stock outstanding on June 30, 1946, was $620,964, equivalent to $1.76 per 1 Based •Deficit. 1946. 68,170,290 6,399,205 3,439,744 : income... oper. Northwestern Pacific RR.—Earnings- ' ' ry. July— $706,221 -$2.01 ♦$48,368 Nil $751,912 t$2.02 $382,014 t$1.03 \ share— com. per standing on June 30, 1946.—V. 164, p. 830. MB.U —V. 164, p. 730. The stockholders also approved a reduction in the authorized 4% fo stock from 25,000 to 20,125 shares, the total out¬ > , income oper. from railway Net from railway ' . Earns, ry. From ' January ; - J, railway railway from Net 19481945 1944r 1943; $9,796,754 $12,018,180 $13,352,274 $12,704,194 1,249,989 2.277,693 5,081,154 4,722,047 830,513 ■ 1,959,774 r 1,976,617 2,800,112 . from Net • McQuay-Norris Mfg. Co.—Earnings— Ry.—Earnings— ^'p^uly^ from from Net ry. Net oper. from Net 660,154 831. Noma Electric Corp.—New Directors Elected— Election Boris of four new directors of this corporation, • including. Dr. Emmet, former National Retail Merchandise. Manager for Sears, Roebuck & income *4,970,626 10,141,363 Earnings of Company Only— railway.— ry. oper. income ♦Deficit.—V. 164, p. Net rwy. oper. 'Deficit.- Co., and Dr.. Emmet's appointment as Special Merchandis- ^ July— 1946 ' Gross . 1945 ' • *3,112,513 * 1944 from railway...;. $75,850,499 $81,311,254' $87,339,236 Net from railway—__ Net ry. oper. 9,762,957 5,015,836 income From 75,313,129 1943 $86,514,90^ 18,271,308 25,402;528 33,952,970 10,145,094 9,938,711 17,037,762 January 1— ' ' Gross from railway.:.. 453,080,360 575,908,408 588,870,639 554,836,-118 Net from railway 27.705,977 134,565,905 156.755,817 176,099,779 Net ry. oper. income... *2,694,293 76,166,269 62,610,895 77,323,447 ♦Deficit—VL 164, p. 832. Volume * 164 Number 4523 Pennsylvania-Reading {C/z:; Seashore THE COMMERCIAL & FINANCIAL CHRONICLE Lines—Earnings— * July— :■ Gross .•;/£ 1946 $1,592,898 railway—./ Net from railway,——. Net ry. oper. income...; 562,378 978,366 456,820 633,007 . 306,319 > 1944., $1,851,289 727,749 $1,567,771 from , Net from ry. railway of electric ended '/ -,928,576 . 6,310,000 —V. kwh., 164, p. ' /// the oyer r and company to amounted the • its kwh., corresponding to in v£ P: Jr., President *>1 '« in * for of week * rs for substantial for shares of series a common, $500, par and 249 shares ///////:/^ ; - 4. Quarter—; ;: x- Trust .. , Co. holds t and moneys and investments of and it July— Gross from 1945 1943 $364,217 17,290 54,698 *s!342 *4657 9 rrs hko has $50,000 been made j in~ Net railway.—. from - ating profit would • result in net tax credit. a shortages .and-lack,, of .adequate manufacturing space afid-equipment have delayed the anticipated Acceleration in both volume and efficiency of production. "We believe, these conditions will con- though to ry ,*§• -Material ^tinuft-itikdvertely-arte^t -operating tesulta in :y;.:r . _ the second -quarter, T 5... """f; / t - 157 531 *270 847 ' 'f ¥ al- . T*r hereafter will be " ■ • . Gross . taken their at meetings.held \ the on respectively. 8^njnilIx « MnntliM-n ; PR v isJuly— " 1948 r . Gross from: railway—-.;/ Net Irom /Netiry/^oper»/income^.!. ♦15;31-f ". /. Prom Januarv 1— 25,285 11.277 , SmX • " " ry. oper. income../'^ *121,639 ••Deficit.—V. 164, p. 1088. 1943 ; „.>y- . .Pittsburg & Shawmut RR;—Earnings— , ^et Net ry. . income... oper. #10,312' C»r£X/_: / Net Net from ry. «-^y. " sv 30,710. Gross 8.8,790 nnpr 248,442 / ,141,432 fcJ/145,656 /rl62,165t/ p.*731. Net _V. v fd Cincinnati Chicago & SmntionKeaempnon • g The company {/ has called for redemption on.Octg 1, next, $234,000 of bonds, series E, due Oct. 1, 1975, at 102y2 and 'Payment will be made at the Union Trust Co. of Pittsburgh, general mortgage 3%% interest. trustee,/Pittsburgh, Pa,—^V. 162; o uja-i /1325'. p. «r| {„{ '=-*••• nv ^ci7Qor\ 1,300,197 ' 2,438,504 '■ o $ ' p. * $817,172 $859,508 $3,759,077 . Gross ,1946- from railway $454,500 /Net from railway // Net ry. oper. income..v f M945 " 1944 - $533,450 >/ $641,979 80,340 78,303 / 71,599 184,797 / *257,696 258'046 , .......Ji/$562,117 /^/ $1,995,786 ' 'M 126,995 4,540,457 4,209,772 i![f S°;»?"ZSZ »Dcttc!t.—v. 164, j SS , n. ^ _ . 1 V* > /' . -j- , < . ' , [ , 1 The by Mr. »v , , . actual, , filing, is "Claim for Settlement/ Unused Leave" - Manufacturing & Co. headed interest J ' - * . , Co.—Stocks Offered—Morgan ... " , „ . priced at 100 and accrued-. *" * The financing Is in connection with the company's program 'Purchase and construction of additional " -." * . machinery, .. , . v .. , { Net proceeds from the sale buildings during the next few for years its various for the equipment divisions and and Net 1946-1950, bad for debts„______—15,262 Property, franchise Federal and state and other taxes—.*—..... payroll t4xes.__--____.____ 15,312 235,415 >j Operating, profit Other Other $1,590,992 income Total deductions' depletion and Provision for Federal Net k~V. for and amortization—/ state income - — '/ — 363,555 ' s • ■/• 148,129 $710,393 3422.. p. i Port Huron (Mich.) Sulphite & Paper Co. /'/:: /'';:/// cec . V The company — . Aug. 28 fried on writer named. Proceeds Files With //'•"{ , ,, , .... .. ... will be used for construction and railroad siding and for working capital.—V. 156, 1 Providence Terminal Co. of Net 1155. from rv v railway—railway.— income oper 154 D -/ '732 1946 790,996 67,625,501 1945 The Interest due due 1956, Conn.' .. . . The tracts 1, 1946, on first mortgage 47/ 50-year gold payable at Second National Bank, New .Haven, ' New ex-interest dealt /With SEC Sept. is in York 2% "flat," made on Stock Sept. and to beginning Exchange directed that the bonds be quoted 1946, that the bonds .shall continue to be 3, be a Sept. and subsequent coupons.—V. delivery in settlement of Exchange con1946, must carry the March 1, 1947, 3, 160, p. 1022. I ' and other ' 1944 1,621,483 •. The 12,850,875 6 709 810 11 335 829 ' ' ' 1943 V, / ■ Inc paving a^ent ^ '' 2ft ' ' - >' 83,981,305 81,560,753 32,616,959 13 396 384 ' 21 575 439 ' ' ' ' "v' / Co., Washington, D. /* / offering 100,000 shares. Proceeds from company's 100,000 shares will.be used to reduce outstanding bank loans and commercial paper and for other corporate purposes.—V. 162, p. 3118. ; an- 4020 - operated store and under intwt. • store holdings 870. 1948 1044 * ioa-* nlvL. ifl/m ri2 ^ro'qo! oon'eoo mi aii'q^k 569,994 411,975 317,391 16,154,280 5,364,335 14,274,798 4,270,237 13,524,454 6,064,254 2,277,830 1,843,226 3,689,308 , » 10,418,464 <983,754 95,089 ; ' - meettog of .tockhoider. wi.i b. hew Oct 2, W46. tor th. voting upon a proposed refinancing program It is proamend the Certificate of incorporation to provide for the outstanding 200 000 prSUd~^°es TSesS'^fS $ha5s° bee~? /: consideration time. It is :. for some / conditions- the dividend rate shares in which of excess dividend have $3.50 an redemptio'n a share per requirements ' expected that under present market issue of 220 000 shares of a new on preferred stock (sufficient to reolace the outstanding value which on of 200 nnn $22 000 000) basis the nrpfprrprl would saving 'n be not preferred P would be at least $130 000 ner vear amendment (providing for the creation of 350,000 shares of a class of nev; preferred stock) is adopted it is /the "present intention of the directors to issue an initial series'of the If the proposed first new preferred stock, /-holders of the $4.50 consisting of 220,000 shares and to give cumulative to the preferred stock an opportunity for a period to exchange their stock for the new preferred stock on an "equitable basis. It is contemplated that arrangements will be made with underwriters for the sale of the shares limited / not of ers sale the will ferred outstanding preferred be If applied stock and when been so not to the all the reacquired or eliminate adjourned an the present adoption of the second amendment the authorized 350,000 preferred stock shares, dividend rate net taken by proceeds such pre- but not there in excess fan Jtr meeting of the special meet-' preferred stock. After Certificate of Incorporation, the corporation will be outstanding ol $3.50 per will, ' tain —V 163, p. Proceeds 2200. for tor ' - the with pres- "-"V" Seal Zt lZc "5 ibanK loans and consist shares of of $4.50 cumulative preferred stock.— nan Tho MU- ' l^oan—lfte M11 T tual Life Insurance Co. of N. Y..has bought 15-year 314% sinking fund note, due Aug. this comoration as now, 220,000 share instead Ohtainc oianaara Gap & aeai Torn Gorp.—UDtains are to a $1,500,000 1, 1961, of be used to retire tvnnncinn .expansion nf Of cer— !P business. the Snpeo ' Z- /"■'//,r" ... Stern & Stern Textiles, Inc., N. Y. — /-. Registers With SEC— ^ The company on Aug. 29 filed a registration statement with the SEC for .191,000 shares of common stock ($1 par). Underwriter, Carl M. Loeb, Rhoades & Co. Company is offering 51,000 shares and selling stockholders are disposing of 140,000 outstanding shares. Proceeds from the imburse sale of 51,000 shares treasury for funds spent preferred stock, $100 par. by on / hold- of cumulative $4.50 authorized of the of ■./_;/ -•/''-'.d/ Standard the of outstanding $4.50 cumulative preferred stock redeemed, it is proposed to amend the Cer- Incorporation at to stock, and the redemption exchanged. ' C.—Registers the of manager '350,000 shares of preferred stock including'the //shares of the $4.50 cumulative dividend series, ■/■/''/ on 3 of posed to 37,065,762 ' Sent. on furniture store at Ry.—Earnings— ' , /;/•■; /i/ ;Z: -;'/ 3,910,019 1,406,868 Aug. 29 filed a registration statement with the SEC for 240,000 shares of common stock (par $1). Underwriters, Van Alstyne, NoeJ. & Co., and Johnston, Lemon & Co.* Certain stockholders are 'selling 140,000 issued and outstanding shares. Company is company /■//': './^/v m fifi'oR9 ^entty trotetanding 200,000 shares - $9,949,585 1,768,225 L 80,570,426 26,386,122 ' Finance ice interconnected^^wito and Standard Brands Inc.-Plans Refinancing- . Seaboard for and water ScmtX °fthe5°anTici?aYedS eLaiinitiin0fofe7bAPren?^tivto? f£ndi' 15 of $8,732,984 $10,356,156 $11,154,875 1,261,868 -2,994,641 3,994,337 / bonds clips ' 1 from Net warehouse as Earnings From January 1— Gross _ Interest— p. {/;■/. railway.^—.. Net. ry. oper. income... ■■../ ., a ZZ July— 5 Co a. Spcclat purpose a Gross from railway. - letter of notification with the SEC Offering price, $11 a share. No under- for 25,000 shares of common. 1 / " Net, from - * stationery supplies such devices.—V. 164, p. 1251; .-v./' /"/.• - , also // geaboard Air Line Ry. $925,292.. ' L . fastening paper 604,422. and electric out- exDenses . as articles :' - ^ - of similar previously pav Utilities .164, p. 869 and 'm'Ins: ■ S!! "om railway tificate 337,033 582,651 141,375 taxes.. stockhloders—— minority income 163, 119,684 York Secretary become 409 741 "" iricome""' / ing, equipment $2,134,560 —- Depreciation, Prcvision - of New _ win railwav m railway-— "power motors. The Oakville Company Division at Waterbury, Conn., /manufactures pins, safety pins, hooks and eyes, snap fasteners and 333,664' $1,959,176 161,202 — three Texas new store brings Spiegel home ^ _ has tures bonds.'to ^he :s5°re ^"onnfel wilL rauin railwav Racine, Wisconsin, manufactypes of products: household electric appliances, service for hotels, restaurants and bars, and fractional horse- $1,800,897 368,184 income such parts — , /;/ the- principal supplier in the world ot certain pneumatic devices, as tire valves and tire pressure gauges. Tire valves and valve are standardized for the industry throughout the world. The Hamilton Beach Company Division at 160,948 negotiated^^ by f/://:/fe-:;/:// .-:v Miner ^ron} January 1— company is / 256,557 146,068 of was redeem the - 1946 ™ —— Provision to West group /vH Iarge retaU units.—V. oner / .indebtedness:. A Rudolph from Net'rv the together with other funds of the commain plant at Waterbury, Conn., in order to reduce costs -and to will be used to pay the company s following The company also plans to promissory note for $6,000,000 payable In five annual instalments,: ... expand and balance productive capacity. pay. off a $4)000(000 bank loan. and collateral promissory notes totaling $2,000,000, pay-« Tlie company, with its predecessors, has been in business and conable in four annual instalments, 1947-1950. ... \ > 1 ' stant operation since 1802 and has paid dividends on its stock in •••',/ up.,TVrQ qTY TTINE ju QTTnq ^ /-//;■'•■■•every one of the last 91 years. The business of the company is V " EARNINGS six months FNDFD «juxn£, 20 1TNCT MUNiwtj fciNuuD primarily melting, casting and processing brass and other non-ferrous 1 7 » j 1946 1945 metals and their alloys, and manufacturing from thefce and other $ales and operating revenues..—$23,773,693 $22,639,429 / materials a wide diversity of products. ; All operating functions are Cost of sales.....—— * 20,102,916 18,852,200 / performed in Divisions, some of which bear the names of former Belling, gen. & admin.. expenses : 1,683,039 1,553,514 operating subsidiaries. The A. Schrader's Son Division of the pany, used from Dalhart Plc?gj\ Gross .from , an , are so-called July— , in use Pittston bonds and the debentures were ^mortgage 3%% acquire kpokane Portland & Seattle i.'.it i ■booklet, for the veteran's - -i Co. * - store, founded in, 1912 liy James D. Miller, has been Miller as President, and Rudolph R. Miller as a,t ^ v underwriting group that offered Sept. 6 100 000 shares of 3.65% CumnlaUvB Pre- 731. p. , has : Sf Wiltn® ?f, the Mille^,Bothers W~?6t\ !• . ferred Stock ($100 par) at $102.25 a share. The same Company—Bonds and Debentures Offered— /group is underwriting an offering which is being made Blair & Co., Inc., on Aug. 29 offered to the public $7,4 by the Company to its 'common stockholders of the 250,000 collateral trust 15-year sinking fund 4% bonds,right to subscribe at $30 a share to 149,548 shares of the clue Sept. 1, 1961, and $1,242,300 20-year 5V2-% cumula/company's common stock. The offering to stockholders tive income debentures, di.e Jan. 1, 1964 Both the^ expires on Sept. 20, 1946. gi , i first to Spff:S^Pi Scovill a ; Spiegel, Inc.—Further Expansion— "■ >■ 3plagaV Jr.pPres.dent and General Manager, r uoS /StaiUey issue new and the / Treasurer. General/James B. ' Crawford, veterans'■ counselor of {1/ Schenley Distillers Corp., has announced distribution of a booklet, "Timely Tips to Veterans," designed to help almost 2,000 company r?<> B r: veterans to qualify for new benefits under provisions of the recently ;/ enacted Armed Forces Leave Act and the amended National Service -/4,722,178 102%, - 30, bonds, 2%%' yield to maturity to $5,004 166 : , " railway—2,483,690 from ged Pn- qko 960. p. Sterest> torSse?tay3oecrq4efiful1 wifh A°cru®J aept. 30., 1946. upon presentation and surrender of said '■7"°-3"> * 1',63'2il1 $602,460 ? n PromJanuaryi- Gross c Sold n Bonds — the office of Dillon, Read & Co. Nassau St.. New York, n. Y.—V 164 / ' ' ' *64, i>. 733. p. 7JJ. ^ ■July— ' financing interest ; sultable reproduction of the form, which as yet has not been available in sufficient quantities 1943 to keep pace'With demand in many Bections of the country/Numerous $705,113 /{other helpful tips bearing on veterans' rights and benefits in addi239,678tion to the ."unused leave pay" and insurance, are included in the 157,891 / booklet.—V. 163, p. 2998. / y _ • • - ' ooft ^ a Earnings CO. ls'sss v,Q"^ been called-for filV mortSa8e^ bonds, 3 Va % series, due 1974, have redemption on Sept. 30, 1946, at 106 % and inter- $6,784,476 255'056 , V reduction.—V. 164, fn 16 241 771 927'500 j C—— J .. , 280,325 732, reduction ServieA Service '.'v-bonds -at ! 1 19528 004 16 1 / ' no/i ^ I'w "VT^TT*'26,194C-. Calls 3 k % Bonds— y $8,942,655 231;992 STfl®6 ^ into each TTjrrMiMcfc Pittsburgh &-.West Virginia Ry. 4nr< $4,827,281 359,281 • <i7rq ,nc:- 237,306 Brigadier /• / r'v 216,335' . inp Folded im* $1,177,102 200,509 ' '4 117 500 ■ , 19,031,654 2,789,883 ' ' .Sr&TS iS>eS- . hchenley Distillers Corp.—Booklet Helps Veterans— " /!/ - 49,403 y ^ ■ St. Louis RR—Par- - 29,531 $1,005,738 439'220 ; 4,838,111 "22,007,068 661,041 2,479,064 properties'situated in northwestern Texas Southwestem's primary electria.system. 71^9 " 19 470 874 ! sisJSooJoooIo?'the^S^ldCTh?nS?™""Liff^nsuraSe { $2,135,000 :832,235 . *4803055 4,177,070 1, 1971, at standing ;$17,500,000 613,640 842,410 Aug. Proceeds ot the /; 919,774: 13,604,628/ - *26-810 123 67 145 , ' • 4,905,256 tax ? * Pnhlie riiDliC 3o'213,'820 11T44',44T - Cot, $3,000,000» and The Mutual Life Insurance $2,000,000. Private placement of the new.'bonds / DUlon, Read & Co., Inc. « ' ' $6,950,607. $23,755,853 41,686 income, 164 c Pittshiire-h 1,630,557 - .122,232 11,763,828 ; the .322,734 124,743 - due chimed - 581,651 *15 741,716 1 offsetting such -r 01 2.75%. . gOTS lnC' ' li.l tiai > amount Series s ^ -27,770 income '• Dt<iU«S- 899,092 ' 83,129 Z $ vs-tely — Gompsny, it wbs snnounced Aug. S°W pnvately $20,000,000 first mortgage -- —— $2,963,617 .. Non-oper. - income / 50,946 / ,.•... • > //198.431 214,449 82,016 ,•• ; ,, 1943 $140,907 15,480 12,299 l863,m :* 151,816 income—„ 1944 $118,673 19,217- : 870,058* railway- oper. 164, * .... 1945 ^ $130,142 28.112k ; ^ ., —-.— ' 1946 $156,163 23,334 ■/ 81,977 i"C—_ °Per- income : . from railway from railway-1— t an - 8,328,346 .13,102,092 * $ ——- 5,266,869 "/-Southwestern .ooumwesiern 80 ins 97i $1,505,681 - Total ry. oper. inc.__ Deducts, from ry. opsr. " 4fuly,~ with gow^gy , ; ( 1946—12 Mos—1945 3,104,462 672.288 w- income 514 884 66 420 338 ^ 0ther ry- 79,323 . , .ad Federal income taxes. 0th<!r P^ral. taxes. • 42,565 Net 2,113,616 20,412:088 ■' Net^ rev. fr. ry. opers. „ Ry.' .ta3j ,accruals: valorem * . *69,576 ; , *3 68205517 v/: $130,505 • * ' / 1946^-MOnth—1945 ■ 1946—7 Mos.—1945 revenues-^^,$4,243,706 $5,773,685^^$26,222,461 $43,899,855 2,738,025 2.810,067 19,271,854 20,144,002 oper. ' :iis " 'wife Net 1 1,568,327 3,764:607 2i;989,521 „ - and Co.—Earnings— ! $9,407,293 3,925!949 1,416,798 10,267,995 . 7,909,774 5,939,157 Interest deductions Railway oper. expenses.V :*24,906. *--^;037 ' IS / Gross 3;074;074 ™3,408 re..... rate, 41,593,273 173,668,838 159,840,752 25,673,781 119 353,171 99,011 811 Dividends"4,117,500 nndudes thp efftZ* ^ $9,923,351 $10,529,354 51929370 ?otaI lncome T 126,979 period End. July 31— Railway •' -6,055 *11,669 railwav railway„mZ *. 1944 $105,545 ' {$75,094.: . 313 • - 97§ 32fi • .. 'St, Louis Southwestern Rya—Earnings— Earnings -1945, r$75,77S railway from ;; T?ornmtf<! .JPlttsbVrff Shawmut & Northern RR. » *12 260 • 12,260 » . S V. 164, " - p.iacKL_ ' /k/ 253378 ' S , the 10th and 30th of the latter months, P* ' p. ;—t- •• « N«. from ':.)5ihfeS#ofirew?HS nearest 155 436 ., ^iMa^Sidf has been'taae" tor pLt ycars'at on^'f^U. Mondays in Januarj^ Apdl, July October, *46 853 < HioV degree. > > > m : t Gtqss from railway $8,140,106 { '"However, price increases (only partially.effective in the first quarr ? Net from railway____. 1,691,625 ter), a high volume of new orders, and steadily improving manufac-^uet ry. oper. Income-^{{-1,300,135 turing conditions, should shortly contribute to better operating rep Januarv 1 ' ' ' ' suits." / arid - 1%% a •„ VS coupon./ / 1251. n 1946—3 Mos.—1945 $ $ —...— St. Louis-San Francisco Ry.—Earnings— Ju,y_ ;W5 ^^ diminishing a mnfimq - ; ' 1947-56.-V. 164, . 13 590 i . from^af himT NL 0Per inclmi specifying Southwestern Bell Telephone * son 0-70 of also — 1944 transfer 99.3875, Operating revenues -45,612,838 Operating expenses___H 33,491,567 Federal taxes on income 2,979,921 Other taxes j 3,194,393 / '1 ■' /» " '"■/■■■ 1 •... — Net operating income 5,946,957 Other income, net (Dr) 7,800 KK.—HiamingS— $476,027 further , V bid Period End. June 30— 85,434 A . - Inc., . our the^quarter^is , Co., The issue matures Sept. 15, * Proceeds will be used for investment. $488,547 operating year. from no - and ; 1946 on a 1/8 % coupon. There Will be - Blair & , the award won B°t,£Vipment r „ OHenng. Sept. 4 alone principal $430,506 fiscal come -. . First on > disbursements '4 Plli,„ .'KUliana operating profit of $61,000, as compared loss during the final two quarters of the all collections Jn«e' at /market. w V, 161,-p. 606. -.s _ in'Custody is empowered to make railway.—24,949 contingency reserve; to offset a portion of special cx^Net ry.'oper, income*^,^/ *13,466 pense considered as purely temporary and due to reconversion, making v, fln • v • : a total estimated income of $111,000.' : Gross from railwav /-' 2 R4n ni7 ? i: ^'No .provision for: Federal Income taxes: applipablA - to '*25 119 necessary inasmuch .as annualization,of the quarter s low rate of oper-. a last ' , National Bank of New York of 2 establish general golf and country .club business. the letter to stockholders, accompany- V a 349 estimated an t-.<i increase,'>//%/ >y/;//':/'/ 1945.r Russell Berg Fund, Inc.,. Boston—Registers With SEC 7rhe company on Sept: 3filed a registration statement witlr theBEC^ * * M for 51,394 shares ($1 par) capital stock. Boston Safe Deposit & an . resulted • i///// subsidiaries 123,219,000 ing a dividend check at the rate of 10. cents per share, as declared by the directors Aug. 5, 1946, payable to stockholders of record as of Aug. 0, said: ( • "The first quarter of our fiscal year (the threp months ended June 30) SEC— , ■, , •' 1250. //W. H. Wheeler Charleston, S. C.—Files With The company on Aug. 30 filed a letter of notification with the SEC for 5,000 shares ($1 par) common on behalf of Stone & Webster Inc. The stock will be. sold .to. five purchasers at $12 a share. These . v ..Pltney-BowCS, Inc.-:—Shows Profit ;; 1331 .. , 5.4% pr Winnipeg, Can- or ' ^ 1946, 31, , r of output Aug. at The Royal Bank of Canada in Montreal, Toronto ada, at the 'holder's option.—r-V. 125, p. 2824. ' i.;; ^ : Philadelphia Electric Co-Weekly OutputJ The Southern Ice Co., The company has called for redemption on Nov.-1, next, $200,000 of 5% first mortgage bonds at.lOp and interest. Payment will be made 1,226,785 /, | . - oper. income— -'•Deficit.—\. 164, p. Week ,1943"'r; - $1,974,470 »' L » •, y '*■••/ / '• /•. /,■•., /;/ persons, the notification stated, may reoffer the shares publicly at the ///{{/:!/'■ '3 'V/Z////v'/^'':: "'-mi'''"'' market price. There will be no underwriting in the present sale and 6 013,659 V 6,918,544 6,981,864 7,064,247 f Rosehlll Country Club, Inc., Alexandria, Va. — Flies proceeds go to the selling stockholders.—V. 150, p. 3373. ■ 215,210 X 1,526,955 .■ 1,637,142 2,000,938 With SEC— ;7 1 ',//■'■/ ..//Z/.. /;Z;,V //./ ' ■"'/,.■, v / r/: / ■ •... .• ' ' \. * 128,597 *53,430 a• 104,773 729,018 J/;/.Tne company on Aug. 23 filed a letter of notification with the SEC Southern Railway—Equip. Issue Awarded—The 7^1. Z/ *;From Januarv V.Gross from railway ' -Z Net : : ^ - r Queen's Hotel Ltd., Montreal—Partial Redemption— the company will be used to re¬ June 26 to retire 5,000 shares of 1 THE COMMERCIAL & FINANCIAL CHRONICLE 1332 Stix, Baer & Fuller Co., St. Sachs & Co. Eight selling offer the company will common stockholders. and shares will be Net to added • • " * " , the / completion retire Manufacturing Vernan Files With SEC— from the sale of the company s "building construction and improvement The proceeds its ' PROPOSED ADDITIONAL FINANCING—As 16 Wall Street, made at the Bankers Trust Co., be York, N. Y.—V. 164, p. 1254. New statement with the SEC Underwriter, Goldman, stockholders are disposing of 62,000 shares 40,759 shares initially to its preferred and will share, per Louis—Registers With SEC 28 filed a registration for 102,759 shares of oommon stock (par $5). The company on Aug. Monday, September 9, 1946 for company debentures, due 1946. used for expansion of business. the of balance issue sale of of the of the afiecting . the approximately stockholders' corporation's $50,000,000 action business stated below. as A 164, p. 1252. ■ The company on Gross (par $1). Net applied to working capital initially. Approved— Sylvania at a special meet¬ ing. held on Aug. 26. Earlier last month, stockholders of American Viscose voted in favor of the merger proposal. The exchange will be on the basis of three-fourths of a share of American Viscose for each share of Sylvania stock.—V. 164, p. 996. ry. —V. railway- the At shares will elsewhere of construction in Connecticut. , '• $332,256 37,296 *10,064 from railway.. Net from railway > — income.— 1944 $320,333 71,097 $397,420 from 231,137 *58,711 railway. Net' from : Net ry. oper. income ■Deficit.—V. 164 , P- .-1"" 176,592 734 .51,398 " directors :"4 ' from $1.50 147,095 Net ry. income— 124,310 117,025 oper. 63,260 48,686 Net' railway.., from Net ry. —V. 380,868 income... 139,633 oper. 164, p. 734.. " • 682,886 time same of on on cents per of , been Cleveland—Initial Dividend— Towmotor Corp., directors The use to Kuhn,1 A. share a- the on Sfepfc. 16.—-V. declared an initial dividend of 25 cents stock, payable Oct. 1 to holders of record common Union Oil of Calif.—Earnings— Period End. June 30—• devices, C. farms on purchase S&les discounts on 444:4.':4; \' >' pur- chases, and divs. int. investments.V-V; 140,166 on Total income producing, -44 '■■■ 83,425 192,377 641,003 cost of opera,—^ 15,390,782 24,595,955 5,709,658 905,796 4,493,725 805,746 paid ——284,375 372,758 568,750 taxes Interest w/7 — 8,726,960 V 1,586,333 745,508 its Income Deprec., *PrdV. $6,653,446 $10,678,167 $12,766,018 $18,669,274 remaining. UV depletion, for 6,283,731 800,000 4,312,821 etc., income 350,000 taxes, 8,409,901 550,000 " 12,094,544 1,200,000 and involves purchase Net profti „ shares "It is $3,806,117 $3,594,436 : $0.77 $1,990,625 $0.38 ; profit per {Net $5,374,730/ $1.15 $0.72 V . provided for income taxes is adequate to cover those which will become payable on earnings to June 30 1945. No provision for excess profits taxes was required in 1944 and it is not anticipated that any provision will be required in 1945. ton believed that the sum BALANCE ASSETS—Cash $16,856,082; ities, $12,924,880; and on JUNE SHEET on farm In marketable secur¬ increase 500,000; . (4,666,270 shares common shares with book value share), $116,656,750: cip'tal surplus, $3,699,117; $30,704,782; total, $229,930,766.—V. 163, p. 2342. of to 1, May (Inc.) be $32.25 earned surplus, -./.V... /;■, the in capital capital ^._$2,500,000 & Co. Inc. Inc.—— volume be business. of to The the war, such as V Loans and advance payments, will available to finance peacetime operations and it is therefore corporation to provide additional capital for such necessary for the increased working capital requirements. : — Accordingly, the management of the corporation has determined that additional addition should capital to be the in cash amount expected provided for to of be $120,000,000 (in operations) approximately available made from portion of the new capftal will be provided by the sale of the $30,000,000 of debentures. The net proceeds to be received by the corporation from the sale of the deben¬ tures, after deduction of estimated expenses, are estimated to be approximately the corporation. A nection Union RR. (Pa.)—Bonds Authorized—4 ICC The at sold used Aug. on of first 28 authorized and refunding to funds maturity $2,000,000 of the first mortgage 5% 6% of for gold such The On for debentures, or to reimburse purposes. . report of the Commission about or the panies entire r the required to pay As v , , banks at : bids com¬ banks and advertised for bids, the bidder to specify a all of the bonds expressed in a percentage of the principal and price for amount, but not less than 98% and an interest rate expressed in a of as period of a Vath of 1%.- In response thereto, three bids were received, the best one being par with a 3% interest rate, was made by the United States Steel Corp., which was accepted.—V. 164, p. 1253. multiple of expansion 1, toward 1946, rearrangement program its requirements, the cor¬ and unless years, meeting $80,000,000 from its depositary V/n% per annum and running for sooner repaid by the The corooration. due such loans used to $30,000,000 outstanding May 1, 1946, and to make provision for operating com¬ mitments necessary for return to peacetime manufacturing and sales. The corporation expects to retire such bank loans In part out of the were repay proceeds of sale of 1,647,037 shares of common stock which the cor¬ poration expects to offer for subscription to its preferred and common stockholders and in part out of the proceeds of a new issue of pre¬ ferred stock. It additional shares that be is of expected that, subject to market conditions, common stock will be the offered offering will be underwritten and received by the corporation will be in that excess the in the near such future, net of proceeds $30,000,000. to If such common stock offering shall be made as planned, at least $30,the proceeds thereof will be applied to the reduction of bank loans upon the completion of the sale of such common stock,..and the balance of such net proceeds will be added to the 000.000 out of United Merchants & Manufacturers, Inc.—Partial Re¬ corporation's demption— The 3,000 ment, treasury funds and used from time corporation shares at of $104 its per has 5% drawn by lot for redemption cumulative share and preferred accrued stock.. dividends have severally principal respective names, & M. & on Oct. 1, Immediate amounting to 1946, cf such bank pay¬ expansion $1.25 advisable. loans program or as to finance the board to time either exnerditu^eg of directors in further in-connection shall reduction with determine to the be i - & Co, 150,000 Lynch, Pierce, Fenner & Beane 750,000 Moore, Leonard & Lynch Dominick— as $750,000 1,000,000 Marks Masten Merrill 500,000 300,000 — , many 200,000 Morgan Stanley & Co.— 1,500,000 ;/; F. S. Moseley & Co Paine, Webber, Jackson ' 500,000 600,000 & Curtis Reynolds _•! ! 500,000 Riter & Co Co & First Boston Forgan Corp._ 1,500,000 Co._„ 1,000,000 & Glover & MacGregor, Inc. E. H. & Co.— Rollins 150,000 & Sons Inc. "———iii Schoellkopf, Hutton & 1 c Pomeroy, Inc —2, Shields & Co —j—; Singer, Deane & Scribner) : .150,000 Goldman, Sachs & Co.— 1,000,000 Grubbs, Scott & Co.— 150,000 Hallgarten & Co.—„„ 500,000 Ripley & Co., Smith, Barney 1,000,000 250,000 500,000 250,000 & Co.— 1,000,000 Stone & Webster Securities ; Corp Stroud & 1,000,000 Co. Inc 200,000 Hornblower & Weeks— 500,000 Spencer Trask & Co.— W. & Co.—w 600,000 Union Securities Corp.— 1.000,000 Company- 150,000 G. Co,— E. The Hutton Hlinols H. Walker & 250,000 250,000 Johnston, Lemon & Co._ 100,000 White, Weld & Co.—— ' 750,000 Kidder, Peabody & Co.— Ladenburg, Thalmann & 750,000 Whiting, Weeks & Stubbs 250,000 The 250,000- ... 500,000 # Co. i, , 500,000 750,000 400,000 W. C. Langley & Co J V" booked •"<„ Orders Orders billed bef. Inc. - 30 -1945 ■ orders— 449,633,5<>7.4<t2,497 44Q *m2?fl 547 * Income tax prof, taxes- *42,920,652 5,140.689 .10,067,855 - ('■ 54,540,007 4,718,515 \ (less 7 ■ ■ , (net) Cr42,579,047 4 > Income for >341,605 ——^_— postwar 11,776,458 2,730,286 —— tEstimated 30, ——Cr42.579.047 . 18,258,463 29,781,265 845,474 6,128,020 17,412,989 IS m 23,653,249 7) 1 con¬ — Income—.——— ♦Loss. June > ^ 27,414,231Crl4,383,502 refund■'r;^v ' tax tax tingencies *33,563.397 i — ■{•Carryback 43,909,204 94,389,126 refund) postwar Net am 407 —.—72,203,370 387,125,944 369,807,486 824403,955 for the > ,,,3v-i Fed. Excess Net , . prov. following Prov. JUNE 1946—12 Mos. ■}.,? $ $ 239,844,437 505,243,144 512,919,390 788,235,367 „ unfilled, Mess held & term, Sales Co.. ENDED 1946—6 Mos.—1945 $ Company Dean Witter & RESULTS FOR 6 AND 12 MONTHS ;i Period End. June 30— to Wisconsin *341,605 refund based plus 1946, one-half > 0,048,172 on of loss the for the 1946 six excess months' period profits credit.- 7,,7 "7 . Rights to Subscribe— Preferred stock and common stock of record at the close of business / ■-preferred stock and common stock of record at close the of business Sept. 10, 1946, or such comes effective, shall have later date on which such registration be¬ the right to subscribe, on or before Sept. 27, 1946, for common stock, of $12.50 par value, to the extent of one ■;V: share for each eight shares of preferred stock and common stocfc ■,-held. '■■■/■ :;":4 4 :•" on ■ The : New York . ■ Stock Exchange directs, subject to the offering being stock and common stock be not quoted ex~ ,7,/'> rights until further notice.—V. 164, p. .made, that the preferred White Stag Mfg. Co., Portland, Ore.—Files With SEC— The for company on Aug. 26 filed a letter of notification with the SEC 4'/2% cumulative preferred stock. Underwriter, Conrad, Offering price, $100 a share. Proceeds will be used for additional working capital. $300,000 Bruce Co. & „ . borrowed carrying interest at two of measure May loans proceeds states: corporation's temporary on V Loans - Aug. 5, 1946, the applicant mailed invitations for is~ue of bonds to 122 securities dealers, insurance a poration gold bonds and $5,900,000 treasury for funds used . the with described above. as the company to issue not exceeding mortgage 3% bonds, series A, to be 1, 1946, and the proceeds and accrued interest from Aug. provide funds or a portion of the par $29,718,750. Such net proceeds will be added to the treasury lunds and used to finance expenditures in con¬ addition, 250,000 E. 250,000 of needed corporation's $7,900,000 In Lee Higginson Corp. 1,000,000 100,000 Dodge & Co Glore, - of which facilities and the expansion program, handle the anticipated sources of working capital requirements will for respective 300,000 of rearrangements approximately $35,000,000 1946, implements. Estabrook connection with the expansion and rearrange¬ expected that approximately $46,000,000 prior to Dec. 31, 1946, and approximately in working available during not services, per addition additional for oil purchases, construction proj¬ employees) earnings, etc.; taxes collected for, but not yet due, governmental agencies, $10,812,986; dividend de¬ clared, $1,166,567; interest on money borrowed, $57,292; income, prop¬ erty and other taxes. $1,155,603; insurance reserve,■$1,177,669} funded'" debt( $40,000,000; $3.75 cumu ative preferred shares, series A, $24,transportation expended to " , ... produced. are $51,000,000 thereafter. LIABILITIES—Amounts payable ects, been Up expense. manufacturers A. $132,000,000, new other Laurence and the integration and re¬ for efficient operations, at a approximately of expenditure ' Include required Lehman Brothers The and it is program additional will be expended notes and other receivables, warehouse stocks of materials (net), $157,114,929; other assets, ...UV ,7/7 $14,525,742; $3,292,656; properties total, $229,930,766. expanded ment accounts, customer inventories, related had 1946 hand and in banks $19,427,473; supplies, $8,788,804; 30 estimated equipment facilities additional the approximately $95,000,000 represents the cost of equipment, and the balance represents the cost and shares. 4,666,270 total of of to Equitable Securities Corp. position. Such program (which is in addition to the the plants from war production) was begun in 1945, the construction and acquisition of additions to plants, arrangement ^ and transit systems electrical equipment 600,000 300,000 of the is city underwriters named below the corporation the from Drexel & Co.— competitive and It . 250,000 Becker - reconversion primarily years - 500,000 ;■ the war. 1' Allyn and Co. Inc. G. Dominick Accordingly, at the end of the war, the corporation, in common with many other companies, was faced not only with the reconversion of its plants from war production to peacetime operation but also with a program of expansion and rearrangement of its manufacturing facili¬ ties to handle the indicated increase in production and to maintain 46,112,836 30,759,157 11,128,925 1,778,435 transp. corporation's products resulting from the general inter¬ ruption of commercial production during the war, the natural growth of the corporation's business due to the increased use of electric energy throughout the country and in many foreign markets and the addition to the prewar volume of production which is anticipated from the development of new products and the addition of new items to established lines, all foreshadow a much higher level of sales in the future than at any time in the corporation's history except during of many the V Bell., admin. & gen. exp. and .irJ", '■ $28,944,057 $40,946,351 $57,001,285 $74,840,911 manufac., General ? and" 77.-y .... and Purchases 1946—6 Mos.—1945 $28,803,891 $40,862,926 $56,360,282 $74,648,534 .... Cash ;; , 60 over electrical debenture3. se^ forth opposite their Loeb & Co._ Clark, APPLICATION OF PROCEEDS—The issue part of a financing plan to provide for the cor¬ a of sold are Central Republic Co. poration's plant expansion and rearrangement program and for in¬ creased working capital requirements to meet the peacetime production loads which the corporation anticipates. The accumulated demand for ; r..f 1946—3 Mos.—-1945 . is business sale is the marine industry in general, and certain electrical aviation industry. Some of these products sucta control Blyth & Co., Inc.—'. Butcher, & Sherrerd PURPOSE OF ISSUE AND 598. 164, p. in Hayden, Stone & Co.Ii— 300,000 Hemphill, Noyes & Co.—— 600,000 debentures 12,856,394 shs. which A. priced' at■■■100Vi. of the 319.R96 shs. 15,680,000 shs. corporation, Baker, Weeks & Harden Co.^on Sept. 5 offered to the public $30,000,000 debentures, due Sept. 1, 1971. The debentures were $20,000,000 80,000,000 320,000 shs. - Harriman 28 Aug. cn , of issue Outstandng 80,000,000 v Loeb & 164, p. 870. the of proposed $20,000 000 and 2%% Manufacturing Co., Inc.—V. of issue issue the and follows: on company the or companies, electrified railways, plants, as well as propulsion and for 9 Registers With Sept. 3 filed an unspecified number of shares of common stock (par $1) with the SEC. Underwriter, Loewi & Co., See Thatcher Manufacturing Co. below. Milwaukee.;/The shares are being sold both by the company and by shareholders. The respective amounts will be supplied by amendment. Thatcher Manufacturing Co.-—Split-Up and Change Company will use about $210,000 of its net proceeds to redeem 645 in.Name Approved— ''•* «„ f 7 l; shares of its prior preference stock at $110 a share and accrued divi¬ At a meeting of stockholders held on Aug. 29 the following pro- 7 dends and 1,386 shares of second preference stock at $100 a share posals were adopted: < : and accrued dividends./; The balance will be added to general corporate funds. Business consists of the manufacture of ignition transformers (1) That the presently authorized 750,000 shares of common stock without par value be increased to 1,500,000 shares of common stock and fuel units for oil burners and related industries and inter¬ communication and sound distribution equipment and apparatus. . having a par value of $5 per share. V. V: That each share of presently outstanding common stock witnout par . ,, value and having a stated value of $10 per share be changed into 7 Westinghouse Electric Corp.—$30,000,000 Debentures two shares of common stock having a par value of $5 per share.': '/77y Offered—A group of 54 underwriters, headed by Kuhn, (2) That the name of the company be changed to Thatcher Glass The stock common power Blair & Co., Inc.—New Name— capitalization and other agreed • Thatcher Glass Manufacturing Co. and apparatus and generation, transmission, utilization and control of the manufacture and sale of steam and gas turbines UNDERWRITERS—The prepaid notes originally issued on Aug. 29, 1945, reducing principal amount to $22,274,000.—V, 164, p. 870. — has manufacture types of household appliances 1947, on its 2% promissory $14,726,00 principal amount paid of Webster Electric Co., Racine, Wis. eliminate equipment industrial important due May 1, total a the company has that to expects to provide: as machine tools, washing machines electric-powered equipment. : Electrical equipment is supplied for the mining, drilling and recovery of coal, ores, oil and other natural resources. Many of the corporation's products find aa $37,000,000 of the outstanding 358,445 announced was ' application to their products, such . it expected corporation of the corporation are highly diversified electrical and related mechanical all motors as the old stock which was which quarterly paymentB of 50 cents were V; 4. 44 4';x "4f44 44i' '"4 $1,591,000, makes This of 37 Vfe are debt 1, 1951 equipment. products equipment 75 cents per share on to of BUSINESS—The company, associated and 577,786 433,733 415,634 206,333 , , the installment notes. 1,219,301 1,407,455 1,320,909 1,453,819 OF the in practically by electric , Instalment referred, Authorized operating and on New Stock Placed oh — securities the requirements1 follows: as due Nov. electricity and in stock, payable Oct. 4 to holders of record Sept. 9. common equivalent . the the railway—— from the on is At 86,791 V 89,403 are appliances for the The share :■ Basis—Prepays Dividend Annual 'split two-for-one and made/vf.;v-;^;s;'vi:v- y Prom January Gross 1946.—V. 14, per The CAPITALIZATION—The CHARACTER an stock; r of refunds Pfd. stk„ 7% cum. partic. (par $12.50) Common stock (par $12.50)__ 1946"to stockholders of 1, The directors have declared & quarterly dividend $178,261 $205,338 ; payable Oct. 163, p. 2901. company cents 10 tax , engaged b© preferred cash proceeds debentures, pumps 1943 1944 '1945 $253,808 162,535 railway Sept. of Of future of loans—1>/2%, due April 30, 1948 ; •. will corporation class new have temporary requirements for up to cash beginning early in 1947 the year, by which time casd cash requirements. for the Navy and .. 1946 $313,065 <• from Net of Warner Bros. Pictures, Inc. This railway— Jhly— Gross the of dividend a /. AND „,/ '74 \ to of additional latter part of Bank * 2,735,245 882,512 478,957 J Ry.—Earnings—. stock declared have new share Texas Mexican certificates will be issued in lieu thereof, or record ':47 ' 2,961,531 794,304 325,544 2,316,143 473,263 the 90,153 > '/mV'1.' . the cf ; 2y8% presentation The $368,676 7 38,781 / ;4'"7'7 '■■>'.■ . railway icate 1943 •; £5,884 26,147 "%■>,' 2,010,313 Prom January 1—'1.s:. - '",i / , ■'/" '<y-v- ■ stock. and Required C&Sh re^uirements by temporary bank borrowings V; be preferred stock The .' the 31, the July on to 500,000 and reducing the and surrender to the company, at the office of the Treasurer, Avenue E, Latrobe, Pa., of any outstanding certificate of stock of this corporation, for exchange or transfer, a new certif¬ . 1945 1946 July— Net ry. oper. . the Upon - Central Ry.—Earnings— by vania. new a held of the may $50,000,000 requirements - projection to shares of the corporation, of charter 100,000 meeting. filed offered be for Split-Up Articles of Amendment have been approved and Department of State of the Commonwealth of Pennsyl¬ such subscription to present stockholders. to the public. Company will vse foundry in Windsor, Conn., or initially will be offered for proceeds stockholders the of meeting the to present addition preferred new to changes in conditions ^rp^aA°" aLof,June 30- 1946> without adjustment for the deben,tures now offered or the proposed tne 1,647,037 additional increasing the number par value of such shares from $5 to $1 per share, was adopted by the unanimous vote of all stockholders represented in person or by proxy, aggregating over 76 % of the stock issued and outstanding and entitled to vote at letter of notification with the SEC for- 11,250 shares of 4.32% cumulative convertible preferred stock. Offering price, $26.50. Underwriter, Putnam & Co., Hartford. The Gross ( 4,222,821 , of cash , , corporation additional asf may DEBT special from shares of 30 filed a The company on Aug. Gfcoss 4,245,581 2,642,690 << 5,089,143 7,044,180 . in and - stockholders continuing until the operations and carryback such 15,153,556 6,928,688 V. 7,670,873 —Declares 10-Cent Dividend on New Shares— . the above, 734. p. amendment Tennessee 17,410,258 18,096,355 4,058,042 N income. oper. 164, 14,338,781 ... Vulcan Mold & Iron Co., Latrobe, Pa.—Stock Conn.—Files With SEC Taylor & Fenn Co., Hartford, shares to from ... corporation's that, and the above. approximately given by stockholders of was Unsubscribed 1—railway- from from Net corporation with American the consolidation of this 935,249 582,597 Prom January %•': Sylvania Industrial Corp.—Merger Pinal approval to 593,932 V The to indicates $2,225,194 968,113 693,140 $2,339,783 creation ■ • , 1943 1944 $2,332,304 753,395 568,811 902,560 income- oper. ry, 4/", {jr' $2,472,851 ... railway—J from Net Viscose Corp. railway.. from Gross Net Co., Inc. ; 7. z: 7; '1945 1946 July— Company is selling 45,000 shares and eight selling stock¬ holders are disposing of the remaining 150,000 shares. Price, $10.50 ea share. Proceeds from 45,000 shares sold by the company will be Ss will be Virginian Ry.- -Earnings— registration statement with the SEC Underwriter, C. K. Pistell Aug. 28 filed a 195,000 shares common stock for Proceeds V: J.—Registers With SEC— Swern & Co., Trenton, N. special meeting of called to authorize the referred fund."—v. soon as practicable after corporation plans to $80,000,000 of bank loans stock common above-mentioned Tlils .?lan A3 necessarlly tentative and subject -1 SEC Offering price, $500 a unit. 4V2% $50,000 the by Pa.— ';y', '".'.'■.■y.;;':/', 29 filed a letter of notification with the Aug. on Johnstown, (Inc.), Co. -y.^ the White's Auto Stores, Inc., Wicihta Falls, Texas—Regis¬ ters With SEC— 7. < -'J. The company on Aug. 29 filed a registration statement with the SEC cumulative convertible preferred stock ($20 par) and 50,000 shares common stock (par $1). Underwriters, First Colony Corp. and Childs, Jeffries & Torndike, Inc. Company is offering 75,000 shares of preferred; the 50,000 shares of common are outstanding and being sold by four individuals for their own account. Proceeds for 75,000 shares from for the a White's capital. sale wholly of $1 the owned Employees preferred stock will be used to subsidiary, retire loans Sharing Trust, and from banks Profit for provide and additional funds from working ■ (R. C.) Williams & Co., Inc.—Note Placed Privately— The New York Life Insurance Co. has purchased a $2.000,000 3%% 12-year Note of the company, wholesale grocers. The loan was placed through Dillon, Read & Co., Inc.—V. 158, p. 2519. , i THE COMMERCIAL & FINANCIAL CHRONICLE Number .4523. Volume 164 Stock Record New York Stock Exchange «» WEEKLY VOLUME OF TRADING DAILY RANGE OF PRICES Saturday Monday Sept. 2 : Aug. 31 > I per STOCKS Thursday Wednesday Tuesday j FOR EVERY BALE PRICES HI<3H AND LOW > ^ YEARLY RANGE OF SALE PRICES ■ > Sept. 3 /, ,/> .... .>• Range for Previous ,■;/ .'.i, : EXCHANGE' the Week Sept. 6 ISSUE NEW YORK .STOCK Sales for Friday Sept. 5 Sept. 4 1333 •' -Range Since January 1 Highest ;• .Lowest ..Vv Year 1945 Lowest Highest * f per 4 per sfiare share i LABOR 74»/4 • *112 68% .. ; 45 11% 135 703/4 : 72 40 '6,800 41 12 3/8 12% 41% 42% 2,200 153/4 16% 13,600 1 . 56 - 28 io 52 *28 41 . n% - 33 5% : 6% 30'A 44% 44% 323/8 > 122 6 V102 ,102 102 - X32 34V4 '; 33 Alaska 101% . ..xlOl 1013/4 4% • 5 ;ioi , 210 . 58 ' *59%. 59 *■£. 45% 433/4 ; ,60% 44 ' *100 *102 461/4 47 107 20 ■ 1 20 20 - ' ; '; 21 . 108 " 15,000 1,300 47% .42% . , x46 % . ' » 593/4 >102 ' ^ .23%. . > > » 44% 3?3/4 *'•••■ • - » ' • >:> ; 60 . ; •*. 53 • 76% 20% : 13% ^■;12%' 13,100 49%> 53 ' *133 Low .2 169 3 May 13 Feb 19 60 9% Jan 25% Apr 17% 35 Deo 13% Mar 32% Jan 81% Deo 1 79 •r.-.; 16 49% >)'- *133 48% 31 135 : ' 49% 135 135 ' 30 £;vr-Jv'" ;; ' 5l3/4 May27 xlOl .58 / '3a - "2% Jan "e% Jan 60% Jun 56 Jan 74 31j/b Sep 7 J/t.Sep 26 6 4 6 52 39 67 Va Sep juiar 108 12 Deo 15% Jan 27% Aug 20% Jan Dec 84% 36% Deo 48% Dec 102% Deo 104% Dec Deo 38% Jan 56% May 27 23 Jan 35 /12% Apr 25 75 Apr 25 3% Jan 43% May 71 Deo 28 43 Dec > Sep 11% Deo 91% May 29 53% Jun . 11 Jan >'19% Apr 24 2 4 Deo 20% 104 % Aug 27 4 V .50 . Dee July 29 > 39% 4 > Note———10' 30 Dec 42% Deo 623/4 May 31 ■) ' 1 Jan Bank preferred-J—— Jan Dec 108 153 y« Mar 63 3/8 May 27 4 >39 Jan Jan Jan 13% 18 29% Jan 28 • 4 Sep 22% 91 July 30 Aug 1 212% Jun 4 A Sep 2VA Sep 28 61 ya;May 28 4 25 37 Va Sep Jan 113 £ 3 39 % Sep 103 ' Apr Va Sep 8% Deo 84% 21% Sep / Deo 27 82 4 4 / Jan :103' 4 / / 15% 9% NOV .Aug 7 8% Jan 28 Sep 1 Dee 122 69%:Jani28 Sep / 66 98% Jan 6% Jan : 20 par Deo 38% Jan 6 81% .: 165 No par Dec 34% NOV Doc 3 -No par / 47% Apr 6 3 > Deo .3 25 .—8 Deo Sep Sep Jan ——no par 114 Sep • \.f «lA% Preferred 4—,-L—_100;/-129 ;' 593/4 Apr .135- , .22% Jan Sep 4 38 > 15 ; Sep ■'Am. Btake Shoe Co/-—-1-^No pdr >: ^8 - Sep -2,900 ' 4 American Boscb Corp————,1 3,200 * 12% Feb . 3 78 1 10 .17 4 28%-Sep Ameritan 4,000 8 Mar 30 3 ; Amer Agricultural Cbemlcal-No par / American: Airlines ———1'. / 2,200 76,700 17 Sep Jan feather. Co1 Lno— 1 5%'Sep (30% Sep • 646 conv preferred--— —50 •Amerada Petrol Corp L—JVo par 4,200 • -•>■ ' 32% >48 ' - / 1 Amalgam 300 80 ;J: 16% 48%'"'/ 6,900 r f 13% 13 '• > : ' 28 20% Feb 41 105 Rights -— •Alpha > Portland Cum- 1,600 ! 473/4 . *77 ' - 3 41% Jan 117 • _«_.l Inc-^ 68% Jun . 4 ——5 •AlHa-Onalmers Mfg—i—,_No 287,900 , 74 >47. % : 17 ■ *133 135 , 73'/ :• 13% :v;./ ■'32%.-'. : ; 31% ..79 / 16% 48 >v 134% 13j/4 13 52 52 : »0 8ya 7% ' 48% -47% : 82' 15 '* • • 31% 28'/a " . 30 v.; 4 8 .5 Allied Rtores, Corp——No par /.; 4% preferred-—,-—— 108 / > 20,800 s & Allien Miiia co • -300 41% % 29 ' 72%': ; 69% - : 40 : 3,900 37,800 343/4 Feb Sep / preferred „.i_-..u—_100 Chemical 6s Dye. Allied Kid Co May 28 Sep Sep < low Allen Industries Inc \ 105%: *105% 30 ' - • 43% • par Algnny Lud Dtl CorpA_No par,: Alleg & West Ry 6% gtd. 100 1,900 32% '41% 4 - io 10 Allied x50 : 27 1 .JVo Sep • 44% Jan : 10 Gold 1,000 23% 32 • %.'> >:/■■•'/ •' . High 84% May 13 26 .15 . Par Vlcksburg Ry— 4,100 203/4 223/4 .-•;//■' '-J? 73/4 V; 8% ;-r\*52 ""1: 56 48 *79 <18 A '69 V 67% 32 43% 29 '/4 / 53 / 223/4 105%■ 39% :41%^' ^ : 29 i/y.45./- 34% 16 Jan .11% Sep , Corp-_.__ ; r._ _i 5%% pi A with $30 warJ _.100 $2.50 prior cony preferred-No par .- 107 170 >/; 171 ):] 105% A . 49 -\ 34 22% 41 39 16 *79%./82v ■ .—31% :-273/4 VA 29% 8% Y>12%' v' :: 32%: %. 29%' *%x *52 -> 173 ' * 45 "• '•>' 22% 37% 423/4 i..' ■•%' 170 , 213/4 '39% .41% 105 / 105% • *105%' 105% ■ 167 170% 31% ; 24% 34 40 Va- >>, • 165 32%' - High 12 *30 Va-Feb • Allegneny " 179 & Juneau 4%% : 60,400 60 , 5. 43% 4s/8 . 42% 41% i«^„No CoFp Aldens Inc common.__v-.-. • r 112 par 1; Reduction Inc... Alabama ,5,500 :: : Air 14,200 " ,> 4%> 4 39% , ,61 % Apr 10. Express Adams-MHlis 20 ,.•• 6% • 170 CO-*—.-* •Address-Mutlgr Corp«_v—_ Admiral Corp. I 4,900 11,500 43% *112 6 Adams 1,200 - 11% 43% *112 > 122., >122, •5%' 6% 35% 102 Motors Acme Steel Co "100 52 28% 11% 44 . *112 122; 32% 2.50 13 23 *50 > 47 Vi • 6% -ACF-Briii: 42 1 12% 117 Lota part 135 *110 16% 15 : :30 11% Abbott Laboratories com-^-No Nawrauam Ac Sirau^..M.«..r»eio 11% ' Par .5,600 ■ 42 12 U.- ■. " •" 72 *105 Shares $ per share • *50 '57 30 69 135 38 . 17% 16 Ve . *104' 13% -40 ..CLOSED *.65 . 135 11% > DAY EXCHANGE ' I per share share * C£% STOCK $ per share ■ 14 20% Jan 69% Jan 41% Dec 88% Jun Jan 14 15% Aug 23% Dec -45y» Jun 30 .■•> 10 •:', 64% Apr 18 4 136 May 16 Jan X41 128 25 80 Mar Oct Jun 557/a Oct 135 Jan 17 Deo ' :«% 10 • : Mi e% 8% 91% :•> 92% 97% :"•• 8% 9% 93 94 9 3'2,800 ' 8 V» Sep 3 / 17% 90% Mar 13 105% Preferred r—L———100: '210% -196y2 Jan 10 American Car & Fdy-iJ——No par ../ 57%'Mar 13 "72% lT% non-cum preferred———100 : 115 Va Sep .132% 5 Am Chain & Cable Inn——No pdr » 25 3% Sep >40% 4 6% conv preferred—-!—,-—100 / "lG5y4 Sep :.i50 / 4 American Chicle—„No per. ' 135 'Sep 3 ; 164ya 'American Qolortype Co-L__ 10 ; loyi Sep 4 v':>34% 2; 900 : ' 95% Amer Cable & Radio Corpi——.», / American -Can— 29 * 2/700 93A. , , 923/4 . American . 2,200 ' *203% '58% '65% • > / / 116 ?'■ 28% >Xl05% i06'/4 '• X27V8 • 135 : 21 108 % *106% .51% ,106% 60 % • ' • - *125 52. ; 107/ 64 ' • 53/4 ' 5% '■] 18 ' 7% ' 18% '/ 19 -6% ■/ ' ' >106% 53 ^ -18% / 18 17 380 • 21%Sep 4 6 jboo , i * J.7 • Sep 1 15 10% Aug 89% Feb Mar 29 183% Jan May 28 39 Jan Mar 20 96 Jan. Jan 10 27 Jam, Feb 1 110 112% Oct 199 Dec 67% Deo 127 42 Jan Nov Dec 156% Dec Oct Jun 14 112% Mar Apr 22 13% Jan 29% Nov 18% Jan 27% Dec 30 y4 Jan 87 Jim 108 \ 4 Feb Jan -32%. Jan 28 9 Amer Burppean Secsj—L—vJVo por >^4,700 i: -; CrystalM3ugar——„—i0 4%% prior preferred—L_-—10O • "103% Apr Amer Distilling' Co ,stamped.—20. s 48r - Feb American Encaustic ,Tiling/ —5% Sep 70 7,300 ,/ < 6% ' *18 v 55; "• / / '' 6% '• 7/ • 150 *' 22% 106% ; > - 1 21% 22 . -4,600 V- 108 > -400 " ; ; v 7^300 ^ 135 52% ••54 .•■'>•■ :: 6% ,. 27 *106'/a v » 26% / ■•31% 23% / £ V: 118 22 *106% 107 - ^ '53% . •60 % *125 90 , 80 201% - *116.k : 135 2iy8 22% /:• 200 , 26% .27%/'/ -106 " ; i06 ,t 20% 21% -25% ' 115% , /19% 23 24% 135 * • 200% ' 59% .-61%/:: 115% >. -:-• o - 26% 105% -105% 135 ' > 116 - 253/4 136 > ••' 59% 58% 119 » 1:18 2GO - 202% .202% 205% T. .75 r 10 July 10 • Dec 15 8% Jam 9%,-Dec .6 .Tl%Feb 23 Vj Jun : 149 10% Jan 19% Nov • 22% •23% f. •117 <> '*113 » 25 ■, ■ ' 105 12%105 ' 1043/4 105 *101 Vi 293/8 -7% 200 '104 ■■/•. 43 • 12 s,'- . '•'■ ■;.•• .-10 : 200 * 106 , 6% conv preferred— American iHome Products-li ^7,600 American Tea————L—-No ! ' t>ll%-ll% *1043/4 . » 200 111 '30%! 113%' •-• •- 29% • 51 y4 Sep 9% : Feb par ' 10Va Sep V : 99 Va Jan A* lo^t^ep Jan *117% Nov 40 Nov Mar 109% Dec 38% Jan 56% Dee 91 5 130 44% Jan 15 >119 May 22 Jan 103 Nov Jan 15 Deo Jan 14% Jan 41% Dec 108 May 10 "16% Jun 5 Dec Dec 26 .118 / "1$% Jim 28 " Deo 10% 58 109 9 . 8 * 76 Apr 24 18% Mar 30 •> Mar 68% Jan 6% Jan, "63 , r Jan 47 -12% Jan 28 Jan 28 : . Locomotive .No- par. , x27 - Sep 23 «?* preferred _—l——^—100/ / 113C ' Sep 6 ;. 96 20% Jan 118May 11 >553% Jan -9 3 4 21 8% Nov 2% Jan 29 15 -44y# Apr 2j0 i 14% Jan - ;i29% May 15 ■ . * 4 4 American 500 v Dl—ii%Marl2 American Mvest Co of 2j500 38,000 30% ' 113':-; 113/ ; " 42Sep / 7 % Sep .'l 6%non-cum preferredi™——100 Amer Internet Corp.——No par 2*200 ' . w —50 — . « ' *12 ."•- 13 1, 4,500 52% • 99 ; 2§% Aug '8 , • American Hide &, Leather—, 8,400 8 *51 12 vy*. »13% 113%- ; Amerlean Hawallan SS Co— 1,300 /!!%■: v >10%/ 11% r 29 y* f. : > 12,200 ■ 27% *111 1 :• 103/4 " - 25% .7% 7%;'-. • > .-:52%/ ,-:88% .-•100 ->•»/•• 12 ' ■ >Amer & 15,800 '/•> 600 v n%r :' •>-*104% .112 •>//." - '■ 110 43 -45 -u 11% 11% : - 11% ,123A Xll3%' 113%: t 109 r- -24y8 .- ^Export Lines Inc lxewi.-40.--/ 19% Jun 21 '•..»•••: ; ^ .•■///..■■•/•• : •••/,•• • .■'•■ • Foreign Power——No par / / 6% Sep 3 $7 preferred——Pdr>: 108> Sep 4 $7 2d preferred'A— T^No par \, / 22% Sep 4 $6 preferred—:——LJNo par:!.„"100:- Sep 4 American 7,600 22 < *61 - r 104% 10% ■ 12% -12% X27 > 31% " • • ' 99% 101%; 11% > «)% -• s >" - r20% ;• I J ' 53 ' • *51 105% 11% 7% - .25% *101 ' • iw- V ">7% •/•;;' 113 243/4 >■■■ 44 43% •7% 7% / 8% •51% 102 100 42% • 113 •' 26% 100 » 61% > % 45% 43 6% 6% 110;. " 22 ■■ 108 >: 107% ^ 6% 108 ■•28% ■ 223/4 21% -•••: Y .7% .'6% 22 y/ .•20% 1 ' ' Jan ,7% 14% Dec Oct 123 Nov ■ & ••' • V f. ;.;V LOW AND HIGH BALK PRICES > >•>•• rV; s ># - :;>? '••• ;i.>^'> Y'X> - • - i; • .; , -Saturday / i Meadsy >; . * Wednesday .' :•' • .•■>•■ Sept.41 / Tuesday-•'.'.. " iEept. 2 $ per ehar4•. v:'" "Aug. 31. k 5 per shire S\ \ > ; --STOCK >' /:>> EXCHANGE * >>' V. •• -v'v '• V Y .>• >>. 1 s f '///';- Y.,;'--:/ •,♦>'• *154% 156% // 13% ':14 •/>'' -.4 .■ /' ' ; - \ >•'" ■;./ V-' * /: 114% ' 15 ? v ■:>/•■ Y/:'^ ■'*; ;-w -•; / y; / >. '* -YY :f YY'V 4V.>/ /> V;": 54 184 17 30% 156% 15%,/ 17%/ 18%; ; ;'•>/■ ,46% 16% • 38 181/4 185 183 1 : ( preferred——-- .--No Preferred—-4.—/—^—i, American i Rolling „4%% \ 26%; Sep >• par .conv ;Sep i!9% Sep 140 - •;> ,460 88% preferred, > 330 -A-No 39% Nov 142% May 2% Jan 13% Nov 80% Jan 104% Deo 543/4 Jan 95% Deo 23 Feb 8 16 186 Feb 14 I • 11% 176 >42 3/a Aug 21 108% July 12 Aug 27 Feb Nov 19% Deo 133%, Aug 13 95% Feb 26 177: 41 123 % Aug 3 46% Sep par 3 10 t 23% Sep 39 Sep 100 / , 43% Jun Highest $ per share Mar 11% Mar 24% Jan 130% Jan 163 July 15 17% July 1 60 Apr 10 : 22% Jun 6 Jan .Jun 17 • 3 ; 14Vsr Sep > 21 24 25% Jun Year 1945 $ per share ; 27% Jan 179 . Amer Smelting & Refg 161700 . X 4' 24 10% Jan 97% ;Jan ' 183% 106 V* Jun Sep 40%;Sep t ldo Safety Razor new-——5 Seating Co-^. —No pa,r Amer Ship Buildihg Co——No par American Jan / Lowest' Highest S per; share 45% Mar 21 , 13 —10 preferred-!./---* 6 4 15 ldo Mill Sep '• i ;102 v par- American 13,200 ' tper shark: Am>Radr& Stand San'y,--—No par • '4,000 41 .Mr>' • 100 1 >"900 501/4 183 ' —1; 1 19 • preferred—-—*-^—. $5 73,400 24% -•-.1 > A6> preferred——-.-——No 7,400 80,900 . i063/4 .106 6% 7,500 "Y •• Lowest. American 'News Co—", : -No par / Amer Power & Light .'com__i.No-par. 1;500 57,200 180 36% • Range Since January 1 * American, Molasses Co——" '' 1 49% >Y .15% 18% *41 , 48% 4 - 1 Range for Previous ». /.// Z/ Metals Co Ltd———No par/ Amer 3,000 '•>: 1,800 106' > •/Y 104 ... r. r 1 .. Amer Mach & Metais-i.,^--No par ->1 151/2 23% 24%;» 43 ;» :'•'>' 39 50% -■■> ■; 49% " "24 ; ,! / 182 > 183% * -.r • 117 *179 383/4 / 106% 17% > '•> -r ■ 114 i6%>; 105% 13 v 14% .: 180 >> 373/8 13 { stocks- ..EXCHANGE ' Amer Mach & Fdy 00—No par 1 3.90% cum preferred—,—^_100 >■>■": 40 ; 5.000 f' ■ > 42% >43% 44 106% :> /■ > *179 '• 30% 156% 29% 115 103- . > L .... >' 8,200 - > 1 . 1: -Shares .18-. *154% ,:/: .13% :>> >. ' 23'%: 24 42 ■„-. 42- 102 >v rcli 1IA» •• • " /> 13% 37% : »'>■. .102 >>>> X171/4 *154% ' 1053/4.106% , 463/4. . 180 . :/ 36% 28 /:4 291/4 : 156 1031 *179 26 y4 183% ; •/ /' 104 16/'' :;:/-i4%:/T5%;> /:> 153/4 .191/4 ; 49 ' v . 97 '• IO61/4 ',.46 - 1 -V: 29% - : 13 :> 13% :'t:; 17% • 291/4 /> >26% >28%. , *1"01 102% ;>■ *154'/a • 25 •;:;/ >••//;. ^ ; >.>: yY-'Y 180 106 . 28 15:->■;• 16.' : * 28'% 102.1/a ; • >>35% / 39% '/ V:/' V' '•// U'.': .:?•' • 17% *179 . : 109 ' 102 '•' -V >" 26% . •'; :: t per-share- ^ ... •"•k//; /-NEW YORK STOCK Sales for " ►. . 43 >/ 43 44 y> 42% 13% 15 ?:/• >/• 143/4 16% '■■■:/ 111; , 121 //>. .1071/2.115;. : >■- 141/8 f '«/ ■''.' :/ 29% '> 104%, / 18% • 30% ; 30% / 40% *,'■ -/V : .• * ' 16% vV.?: ■ • s *103 ■'?. .-./; 263/4 •' / , >Z,;. '*■>'''' *:.fi;>«. ;>. > ; t DAY • CLOSED iY >; /'; per share ■ LABOR ■ !. Sept. 8 •; .'/•v'firidsy- f fkmdiy w:: Sept. 5 .// Sept. & '■> > per-share \:», $ per share ■«.. . , 4 6 Apr Mar 30% Deo 99 Jan 32 Aug 40 y4 .5 Jan 68% Deo 181 164y4 Jan Apr 20 Oct 31% Nov 44% Nov 17% Jan 73% Jan 29 191 19% Deo 184 Jan 75 4 20 Aug 29 33ya Feb 6 52 ;> 4; 14 Jan 15aA Jan Deo ' ' X43 ; - • Y /.';.•*••'•/ '• V'/' ' *164 34 >40 > : -38% ; 42" / 32'% ; ' / 24 44 -48% : :43 \ X28 30 >343/4 .32%' , ■,-;• ' *166" " 33% 32% ; 169 ' 59 : > '/147% *166 ' / i - 28 27% 6% 37 33% 28 43 *144% >">>,44 : 148 >:"'V > 1463/4 58% American 2,200 1,700 American Stove / 58% par v 800 "Preferred Am 8 >>/■:./>. 173% 182'/4 ' " 88 /->:•. >•//./ .Y.-' 165 893/4 *80 921/2 85 / 84 59 „/•:;/ / / : V " • 8J/4* • 900 - 150- 1 181/2 193/a 59 300 I91/4 18% Deo Sep 4 22% Jan 31 Deo 43. /Sep 145 Vi Sep 4 6 38% July 11 58% Feb 6 41 Aug 60 Deo 100 Jan 151 Deo ... 158 8 Apr 67% Apr felOO 4 200 V* Juh > 48% '.51% 151 150 ' , t- /■ :: ** •'•: ; '•• i. •■' »' / " *72 ' r 77%' 1 35% •7% ! *70 ' :4i% r *46 48 43%; 473/4 *114 11.4%; 55 • 55 " 40 *114 . : ' 18% ■ 19%' 14% - 15 6% • For footnotes: see page 1343. • 31 " 6% 33 43% > 17% ■ 13% 6J/a 30 : 133/4 6% 31 44% 47 43 *114 114% 54 18 Va 15,% >.--/ 59,200 660 . .45. 5/900 t 114% 18% 10 r 54' 19% 14 19% 14% 47 200 14 '1,800 ... - ... 6 30% 6% -31% . . 6 301/4 61/4 31 8,800 . - >' f 800 ; ^000 2)200 26 99 y2 May 21 26 100 y4 May 17. 2 56% Sep 4 78 Aug 28 121 117 - 18 > - -Anaconda 73 ;_50: --——/No par Anderson, Clayton & Co -^—21% preferred Anderson-Prichard Andes A P W. Oil. ^20 5 Archer-Daniels-Midlatid i—J~No par 5 . • Jan 5% Mar 60% 29ys 6 Sep 3 4 28 112 Feb 28 62 V* May 28 xll4Va Mar 21 7 x64y2 July 11 4 13% Sep 4 5 26% Mar 22 9 100 ya Mar Feb -6 99% Jan 5 17% Sep r - Sep 8%-Jan 16% Jan 29 80 May 8 43% Jan . 43% Mar 51% Feb 3 4 40 Corp—,—19 Mlnlng___»__ Paper Co Inc——— CoppCr 9 43 Anaconda Wire &:Cable/—^.No par Anchor Hock Glass Corp— 22.50 ,$4 5 ' Aug 28 35% Sep 28% Jun , - 60% Jan 14 •273/a May 27 8 '24% Feb 24% , Deo 91% Oct 161% Dec 69% Deo 121 ya Mar 26% 112 Dec Nov .31% Deo 140 Deo 11% Deo Jan 83 Jun Jan 49 Nov 38% Jan 10,9 >80 Jan Jan 116% 182'/a'Jun • ' Copper-Mining—> 24 70% Jun 3 Jan '7% Sep Jun 110yaFeb 5 138 ' Zinc, Lead & Smelt—,—— 1 $p prior, conv preferred——23 145 y4 July 196% Nov Jan 65% Jan 9 May 28 174 3 29% Jan Amer •• -Sep 103 3/a Sep ■ WoolenL——,——No par Preferred 100 ' :65 Feb 80 3A Feb •American 11,500 39% 803/1 157 158% Jan , 53% Nov 29% Jan 3 lQO Viscose Corp-. .—14 preferred— —100 Am. Water, wks & Elec_i No par $6 1st; preferred —JJo par -20,900 2,000 75% 54 > 513/4 . ■->- ' 18 • 38% : 44 114% ; *68 39% 45%" 51%, " . 42 y4 ■ 114% 49% • " 38% 9% 8% , 76% *70.. . 35% ; 38% 43 45' • " - > • 77 :'T- —2b 128% 10 18 " class B——25 5% Deo 29 47 V2 Jan preferred Aug 17% Jan 173% Sep. Tobacco_r— 43% May 10 " American /. 34,600 107 *99 ' *6% 10,500 117 . • Coinmon 270 57'/4 ' • ;•' ; American 2,500 *:>"-• 161% *116% 107*- ■■•4. -103% -1033/8 51 49% 50% i i5iy2 151% 150 8 y4' 9% 8% 47% -"•' 59%: ••/,,.. 117 117 193/4 *1033a 9% 160 87 164 43 No par — Sumatra Tobacco— Amer Telep & Teleg Co> 32,400 83% 86'A Xl61% 164% 573/a 59 18 '34% 160 : 48 I/b 180 83% 83% 4 "•86%- " 163 117 117 .18 21% l04VaT04'/8 84 165%'V 56% 117 '';•■/ 179 : • Jan Feb so y8 Feb 2 -24. •'X ".'>82% 85 84 164% * 62 117 > 180 4 166% * 175 1797/s 27% 4 50% Nov Apr 3 ' 179% 41% 153 6 50% Feb 172 Apr 25 27% Jan American Sugar Refining-4.——100; 500 Jan : 32% Sep Stores_,,j-L-^—-vNo par Co—*.—No July 26 160 preferred—; 100 Fouridries--——No par 3,200 ■J. 43 / -23 nori-cum Amer Steel 16,400 45.- 1451/4 60% 583/4 American Snuff— 300 169 / 35% 32% •/> 43-' ' 58 i. 41% 2ff% •'' 1471/2 : 58 60 > /' " 32%>>; 36% ' •XU8'A *148 % *39 31% "'23% : 28 / > 43 43 *40 . *165% .169 /169 :'v: 32% > 44 57% Deo Jan 45 July Deo 113 38% July Deo 49% Nov 5 12% Aug 4% Jan 23% Nov : io% Feb 40% Jun 3 23% 30% Oct ', Sep . • Sep 9% Nov THE COMMERCIAL S FINANCIAL CHRONICLE Monday, September 9, 1946 NEW YORK STOCK RECORD Aug. 81 I psr share Sept. 8 I per share STOCK Labor day ♦116 155 50 "A 53 % CLOSED 120 ♦145 24% : 137 - 91 V 117 58 39 5,000 25 24% 8,600 Associated 139% 99% 115% 95% 115 19% 61 60 61 59 38 *70 85 39% 118 121% 119 120% 118 105 106% 106% 106% 25% 25% 25% 26 v'. 64 67 61 123 123 123 123 123 123 122 122 31 31 *30 31 *32 34 *25 31 16 17% 15 20 21% 14% *19% 22 26% ■25 27% 62% 64 62% 64% Corp — 1,490 4% 170 7% ■■■/■,; 15% 21 21 16 20% i 20% ; / ' ii 22 23 24 24% 24 24 r 24% 24 24% 7% 53% 49 /•/ 7% 51% 52% 24% 25% 18 19 25 50 8% 26% v 19% 19% * 2,500 ' 4,500 75,700 24 8% 8 Conv 1,000 -1 24% ' 7,200 V 20 23 7% 8% 48% 16 14% 51% 52% 25% 18% 71,900 253/8 26% 24.100 *18% 19% Sep 115% Jan 105 1,700 $2.25 14 4 (The). 3 113 111 43; Jan 140* Jan 139% Nov 52% Deo 76% Jan 101 Jan 13% Mar 113% Nov 120 Deo 24% Deo 83% Dec 9 33% Feb 43 May 24 51% May 28 71% 130% Jun 3 Nov 83% Nov Sep 80% July 110 Apr 42% Dec 120 Nov 110 May 33 34% Apr 17 97% Jan 18 60 Jan 3 113 Jan 135 Jun 40% Aug 13 25% Jun 10 3 23% July 23 37% Jan 29 6 o 27% Dec 94% Dec 130 Dec 18% Jan 27% Dec 10% Jan 20% Deo 14% Jan 32% Aug 14 Bon 14% Jan 29 ~5% Jaix Deo 10% Deo preferred——No conv Nov - Mar Jan Sep Sep lit*. Nov 48% 94 14% Sep 4 19% Aug 28 23 — Jun 20 49% May _ Sep 22 Corp of Del May 31 Jun 25 25% Jan 12 ($1.20)—No par Aug 12 83 -No par pat May 29 29% May 28 .—100 No par May 21 , 121 24% Feb 26 61 Sep 4 119 Aug 6 , 9 125 ; 37 81% July 24 33% Feb 26 ,5c Aviation 27,400 173/8 91 115 Sep Jan 59% Nov *29% Dec 19% Dec 32% Jun 14 58 5 No Apr Deo Nov 108 Jan 27 —1 - ——— 10 Feb Automatic Canteen Co of Amer—5 3,900 24% Co. 30 48 58 y4 July Jan 148 Sep 17% Sep 42 106% Nov 11% 153 —No Par — prior pfd Autocar May 31 15 Mar 36% May 28 100 Atlas Tack Corp—— Austin Nichols——J— 100 65 112% Feb 13 10Q preferred— conv ' 141 3 — Atlas Powder 111 2 non-cum Atlas 13,300 127% Nov Jun 25 Jan ——a.——-10 9 perthare 172 23% July 23 No par Highest I per thare 6% Jan 102% Mar 133 preferred100 Refining— ——25 4% conv pref series A -100 3.60% preferred series B __100 300 25% 63 5% 4 Lowest 18% May 28 139 July 18 131% Jan Atlantic 230 106% 106% 25 27 No' par Atl G & W I SS Lines. 600 11,000 Sep Jan 48% Sep 6 107% Aug 12 21% Sep >4 16% Sep 3 S Atlantic Coast Line RR —- 40 par - A T P Inc 4,400 118 4 5 132 Dry Goods new—1 preferred———— 100 —100 1st 9 per share 11% Sep par Atch Topeta *& Santa Fe 5% preferred-— 500 85 38% 40% No Corp Corp • 8 No .——— 2d preferred——.. Assoc Investment Co— 7.400 38% 38 39' 39 *70 ' ■ 40 Co___ preferred Highest 9 per share No par 100 ———, Constpble 7% 14,700 ' 60 85 6% 200 20% 120 122 106% 106% k 56% 20 36% ♦120 30 570 136 *52 - $3.75 139% 134% 99% 116% , 19% Artloom 19 Ye *70 42% X25% ' 116% Arnold 19 36% 85 37% ; 2,000 59 40 *70 ;:':.l;95 117 preferred— 5,600 17% 21 63% 17% 95 117 92% 102% 116% 56% *52 55% 54 25% $6 conv prior preferred Armstrong Cork 22% i8% 142 600 Year 1945 Lowest ■/'/'par ■ , 7% 50% X22% (' 135% 136 ; *56 56% • 109 *106% 18% i 24% *138 136 135 109% 23% 17% 120 "* Range Since January ] . Armour & Co of Illinois.— 57,000 150 48% 51 22% 22% ♦138 142 26% 144 137 50 ♦106% 22% 17% 24% : Xl20 / ;• EXCHANGE , . Shares Range for Previoua NEW YORK STOCK * the Week 12% *140 154 109 Va 16% 11% 120 . *140 21 Va 17% ♦140 118 - 51 49 " 12% ♦106% 109 ya ■.24'V;25% ♦106% 16% ■: 12 : 155 125 122 ♦145 ; 12% 11% 14 12 Ye EXCHANGE 9 perthare Sept. 4 Iperthare Sales for Friday Sept. 6 8 perthare Wednesday Sept. % 9 per share Thursday Sept. 5 Tuesday Monday STOCKS PRICES LOW AND HIGH SALE 63 Deo mwm* 24 27% 23% 24% 16% 20% 16% 177/a 23% 29 23% 25% 18 20% 17% 18% / , . : ; " - 81 81% 79 80% 79 51% 59 53 56% 56 57 30 31 r!/:" 29 29 31;;;; - Baldwin Locomotive Works— *• 29 :: 81; ■ 81 ■ - /i . 60% 56% 30% , ._1 4 % preferred— Bangor & Aroostook /Conv 290 9,300 2,600 31 Baltimore & Ohio r 5% preferred- .100 10 36 —10 —. *53% 55 23% 25 53% 24% 53% 27% 24% 24% 25% 19,000 28% 26% 27% 27% 28% 28 283/8 6,400 Bath Iron Works Corp 47 51 50 49% 49% 49 ;49%', 1,100 Bayuk 2,100 Beatrice - 54 51% *45% - 52 46% >v 48% ■ *52 51% 52 114 114 113 113 113 113% 106 106 105% 105% 105% 106 10 54 V • 52% *113 113% 106 106 Barnsdall ' Beck 320 v Oil Foods cum Shoe 41 *120 20% 23% ; 24 % 22 *110% 28% 29% 41 *105 : 22 21% 38% 26% 27 111 24% ' 102% 100 101% 159 156 156 58 58 26% 27% 41 X33 36 37% 39 23% 18% 20% 21% 22% 26 22 23 23% ; 50; %/ 23% 48 *46% ; 17% ♦111 46% 50% *108% 113 42% ^ 110 46 108 60% 34% 38% 35 37% 44% 42% 49% 47% 41% 105% 105% 6% 4% 53 45 io5- 573/4 38 :.iv 53% t 53% 5% 11,500 15 16 15 32 Va 38 y4 33 36 y4 36 37% 36 24% 29% 47% 49i/4 46% 471/4 *112% 112% 112 Yb 112 i/8 15% 18% 1261/2 24% 34 35 *107 15% 17 *1241/4 12g 1241/4 14% 26% 106 29 106 17 *124 37,700 570 30% 2,100 30 30% 107 *106% 30% 30% 32 43 20% 42% 20% 43% 19 108 107 •; k106 107 102 ' 106 102 31% ; *101% 102% 14% 15%' 15% 1023/4 163/s ♦102 17 9% 9% 8% 9%. 9% 9% 5% 106 104 1,100 ■ 88 : ' *86 89 88% 87 87 86% 86%' 87 25% 26% 26 273/4 27% 107% 5% 21% 107% 51,00 87 30 53/4 24 29% 108 108 5 107% 5% 53/8 20% 19% 20% . 273/4 108 5% 20% • 27,300 9 88 106 106 106 106 25 25 25 27 Tuesday Wednesday Sept. S Sept. 4 f per share 9 per share 9 per thare stock LABOR DAY 32 36% *54 . 54% ■ 6% 27% 13% 32% 34 8 30% 15% ♦54 54% 3 3 3% 6% 53/4 20% 60 8,100 350 5,500 5,600 106 106 27 27% 360 - 2,400 9 per share 35 35 *54 54% 3% ; 4-r.; Friday 9 per thare 35 36% 5,400 *54. 54% 4% 33,900 7% 28 13,300 4,200 3%. 14% 15% 14% 15% 11,800 124% 124% 124% 90 50 16% 14% 15% 66% 64% 65% 15 55% a- 16 56% 51% ,15% 64 15 ' *55% 7% 27% 7%r 27 51% 16% 51% 51% 15%; 16, 64% 15% 63 63 800 *15% 16 1,700 56% *55% 56% 110 64,100 100 130 •128 130 •125 130 *125 130 40 *46 49 ♦46 49 *46 49 47 47 100 19% 23% 19% 20% 51 72% Deo May 31 30% Feb 16 23 Jan 38 4 33%Jurt 10 5 58 4 18% Aug 21 3 2 66 % May 10 18% Jan 114y2May 22 xl08% Mar Mar 26 17% Apr 49% Jan x33 18 22% 48 14 % 38% • 1 5 34% Aug 28 42% Sep 4 41% Sep 4 105 y4 Sep 5 4% Sep 3 — ... —— Bearing Co———0 51 preferred—--——100 Brooklyn Union Gas-— No par 3%% Brown Shoe Co No par par ———5 preferred———-100 Co_ Bucyrus-Erie (The) common—No par ———No par Co— 1 Co $5 preferred Buffalo Forge Buff Niag El .— Corp $3.60 pfd—-100 34 Bulova Watch 15 Yb 120 13 ' 88% 26ya 104% 38 6% preferred —— 53 49 51 Sep 3 Jan 2 Sep 3 Sep 4 Sep 4 Apr 25 4 Feb 25 Sep 4 Sep 6 Aug 28 101% Aug l 14yaSep 3 19 106 100 3% % preferred —100 Burroughs Adding Maph——No par Terminal——. 3 29% Sep Co. Inc,—,—5 Burlington Mills Corp com new 1 4% preferred —100 3%% conv 2nd preferred.:—100 Bush Sep 106 Jun 10 26% Sep 4 i—No par Bullard Co Sep 4 Jan 21 Sep 4 Sep 3 24 Yb Sep 3 35% Jan 19 109% Jun 7 29 Sep 4 Inc com——15 $3.60 preferred—— Bruns-Balke-Collender—,—~.No Mar 18 20 72 14 Yb 32ya ——8.50 Inc Briggs & Stratton———; No par Bristol-Myers Co New —.—2.50 8y4 Sep ——1 46 4 Jun 57% Apr 22 5 107% Aug 12 11% Jan 23 May 31 64 20% .50 21% 20% 50% .*49% . 21% 13,400 50% 1,500 Dec 109 Deo 67% Dec 40% Dec 33% Apr 45% Oct 36% Apr 55 Nov 5% Apr 42% Jan 10% Jun 17% Mar 37% Dec 59% Nov 19% Dec 53% Jan 28 37% Mar 52% Nov 42% Jun 1 3 38% Apr 22 45% May 28 110% Mar 18 38 Yb Apr 23 25% May 31 130 Feb 2 22 Yb Jun 14 45% Feb 45 y4 Feb Jan 80 Dec 3 May Apr 70 115 35% Deo 106 21 July Jan 23% Jan 12% Mar 120 Jan 36 Dec 112 Nov 35% Nov 40 Nov 20% Dec 128 Nov 2 2 22% Jan 37% Oct 18% Jan 39% Dec 30% Aug 42% Dec 108 Y\ Mar 28 46% Jun 11 59% May 29 26 % July 22 111 Mar 22 119% May 27 105 Sep 111% Deo 102% Aug 16 21% Jun 13 15% Jan 29 Apr 4 May 31 39 y4 May 28 May 15 9% Jan 6 35 yB Feb 16 112% July 11 40 May 28 13% Jan 7 % Mar 20% Deo 77% Aug 59% Mar 65 Nov 81 Noy 14% 27% Dec Jan 105% July 3% Jan 15 Jan 87 Aug 22% Mar 15% Nov 110 Oct 7% Dec 28 Deo 101% Feb 39 Nov Range for Previous Year 1945 Range Since January ! Lowest 9 per share 27% Jan 52% Sep 43 Deo 56 Apr 1% Jan 4 Dec 3 12% Jan 28 4 40% May 29 18 July 30 147 May 29 6% Apr 20 Mar 9% NdV 32% NOV 113% Feb 128% Deo 3 47% Apr 7 58 Sep 6% Sep 3 25 Sep Highest 9 per thare Apr 10 Sep Jan 3 I per share 7% Feb 16 32 Callahan Lowest Highest 54 Packing preferred Zinc-Lead— California series—.——50 78 10% Mar 110 I per thare 4% Feb Dec 34% Deo 47 Jun 28 Sep 4 19y2Sep 4 99 Yb Jan 2 25 Sep 4 EXCHANGE Preferred 95 52% Apr 24% July 42% Dec 112 20% Feb 16 98 NEW YORK STOCK No par 50 -1 Calumet & Hecla Cons Copper—0 Campbell W & O Fdy—: No par Canada Dry Ginger Ale Inc—1.66% $4.25 preferred -No par Canada Southern Ry Co 100 Canadian Pacific Ry—— 25 Cannon Mills-— ——No par Capital Administration class A—1 $3 preferred A — —10 Carolina Clinch &.Ohio Ry 100 Carpenter Steel Co-— ———5 Carrier Corp ,—~—•.——10 Dec 25% Deo 34% Jan 9 May 14 2 4 25y4Jan Nov 91 4 107 5 preferred —* 100 Butte Copper & Zinc—— -0 Byers Co (A M) ——No par Participating preferred——-100 Byron 'Jackson Go -No par 4Y»% 9 Apr 30 69% July 9 48% May 13 61% Jun 13% Jan 155 10 112 100 86 Sep 75V4Jan —100 Yo preferred—100 Butler Bros common ———10 Bush Term Bldg 7 b% 128 page 1343, Jan Sharet 122% 50 65% see 48 1& the Week 13% 14% •120% 126 15 For footnotes 83% Apr 10 Brewing Corp. of America —15 Bridgeport Brass Co——No par Brlggs Manufacturing——No par Sale* for Sept. 6 7% 53 16% Sept. 5 26% 127 59% 5 4 3 STOCKS Thursday 7% 126 15% (The) Braniff Airways 160 26% 25 *50 *56% Jan Sep Sep Sep 58 Corp 5 preferred—— 100 Maine RR (assented) -100 low and high sale prices closed Jan * Monday Sept. 2 exchange Aug 65 —— 16% 90 106 27 240 103 3/a 16% 86 109 19% '102 4,100 42,000 106 9 *108 4.500 44 21% 104 103 14% 25% 200 * *101% I per thare 107 30 42% 20% 21 Va 17 No par ——1 cum Bower Roller Budd 14% Co Boston & 7% 91% 27% 3%% Dec 35% Dec 28% Dec 68% Dec 127 No par: . - Borg-Warner 20 14% 40% - 12,900 91%. 107% Saturday Aug, 81 17% 126 15 29% ♦86% 2,600 91% *106 Class B— 30 28% 14% 43% 102 600 36% 89% / 21 102 5,400 108 16% ; 100 30% 27% 125% 2,800 1,600 113 36% *107 35% 107 27% 52 50% 28% 17% 41% 19% 92% 13,200 18,300 37% 29% 31 90 500 15% ♦111 36% 28% 89% 101% 102% 5,000 90% V 27% , 108 29 13% . 30% 108 88 y4 27 29% 34 15% 31 21% 20% *85 491/4 112% 108 94i/4 107% 48 *111% - 13 30% ^ 21% 88I/4 •89 ' 91% 107% 700 56 .53% r "r 26 class A. Bon Ami Co 300 J >21> Aluminum It Biass— Borden 7,200 ;;. 31%. July 11 , Mar 22 ■v. 7 13,900 V *124% 22% Aug 168 Bloomingdale Brothers Bohn 30 Jan Nov 114% July 31 No par preferred- conv 63 2 Feb 26 104 Yb Jan 57% Sep 140 453/a ' 26% 19% Dec 109% Dec 3 par Bliss & Laughlin Inc new——2.50 35 Aug 93y4Jan 149% Jan 22 : 73% Jan 48% ; 30 18 103% Sep 47% Jan 6 52% May 10 4 106% 15% 34 36% May 14 112% Aug. 42% Sep 44% ; 5% x53% •:; 105 47% 46% 21 108% 2 4 0 $2.25 . Bond Stores Ino common 89 28% 5 31 y4 Jan 1 Co———. 290 14% 34 26% Sep 107% Sep 35 *105 Yb 48% 105 % 5 ... No Co——— (E W) 8,100 20 *108 par —No par No par 58% 88% 30 17 J.OO 38% 16% 29 8 Jan —JNo par 58% 23 311/4 Jan 58 1 — (Del) 36% - 91 291/2 112 3 3,600 14V2 24% 29% Nov 23Va Sep 47% 20% : May Boeing Airplane Co—.——5 113 47 91' : 35% Jan 28 37 Apr 17 *.No par Blumenthal & Co preferred -100 4,200 47 106% Bliss 400 . 17,500 45 ;l ; :;v: 25 Yb 105% 53 53 4 4 Sep Sep Sep Jan 109 Yb Jan 243/4 46% 5% 52% 24% Dec 10 "• 15% 43 . .*111 57% 105% 4% Jan 8 1 Dec 28% May 13 4 May Dec 3 37 Yb Sep 107 1946-Nopar preferred Blaw-Knox ; 5,800 ! 493/4 15 *41 ,. " 24 26% 37% ' 45% 42% 105% : 113 105 58 No 7% Deo 42 136 Jan 7 0 100 — - Blgelow-Sanf Carp Inc Black & Decker Mfg Co 3,200 20,000 22% 45% 108 60% ser of „ Foods 7% 600 24% ; ;• 60% y<y 21»/a 23% Yt . 48% *111 24% ' - 500 39 ;, 38 % , 15 *42 23% pfd $3.25 Bethlehem Steel 26.300 :;V 59% 59% . 44% 15 42 ♦111 26% 48 ; 14% 14% *39 . 113 23% - 273/4 26 3/4 23% 45 Best 100 18 15% 5.000 Cum — 21 % Sep 10 — —— Loan Indus Best & Co *154 36% 50 Beneficial 100 26 82 45 Co— Aviation— 5,200 99% *50 • Corp— Howell 39 25% 62% ♦50 28 97 105 Yb 164 & 127 Jan 17 Yb Sep 20J/4Sep No par .1 — 4Y*% preferred Bendix 14% Jan 37% Sep 20 ' Xl59% 159% 27% 100 162 Bell 50 108 38% ■ Aircraft 13,900 5,400 113 104 50 Bell 2,900 38% 27% *104 107% 39 37% RR Belding-Heminway 113 x375/s 28% 107% ' 39 37 % Aircraft Creek Beech-Nut Packing Co 6,600 233/4 ♦111 V 38% Beech Nov 46% pfd—. —100 preferred100 Corp 1 Beech a.i 40 % Jan -25 Co———. 3,000 22% Feb 24% Deo conv 260 , 217/b Jan 20% Jan 4%% 200 18% 23 23% 112 111% 38% 26% : 110 39 18 3^ ^ 22% 112 37% 42% ♦105 22 21% *111 112 37% 18% Dec 53 1 No par ; 7,400 130 217/s •..* 173/8 37%; •; 37y2 *110 130 17% 21 20% . *115 18 16% 17 38 ♦37% 130 17% 19% 16 38% 38 130 17% / 16% 15% 18 16% *38% X130 ;/ % Dec 5 Inc.. * Dec 81 50 Co Cigars 3%% 170 ' Jun 29 Barker Brothers 4% % preferred 23% 55 tiuu % Nov 23 ,'Barber Asphalt Corp— 26% *53% '/■ 100 —50 — 33% Sep 3 122% Sep 5 Jan 8 7 47 Jan 56 Deo 4 58 4 22"% Feb 16 10% Jan 20% Deo 62% Feb 26 73% Apr 22 21% May 29 48% Jan 72 50 Sep 14% Sep 15 Sep 4 55 Jun 26 126% Jan . 45% Mar 19% Sep 49 Sep 2 5 59% May 21 137 May 23 61% Jun 17 4 34 Jan 30 4 60 Feb 4 21 Nov Deo 11 Jan 52 Mar 56 Oct 116% Jan 135 Nov 49 Deo 32 Mar 21 Jan 33% NOV TH$ COMMERCIAL & FINANCIAL CHRONICLE Number'4523 f [Volume 164 NEW YORK STOCK RECORD Monday Saturday Aug. 31 9 per share Sept. 3 Sept. 2 . 7% STOCK DAY 42 170 62 CLOSED 40 59 "ft 60 • 56 62 61 63 59 107% 62% 63 /; 157 158 •106% ♦153 156 24% 28% •21% 22 V 22% 11% 27% 22 22V4 12 13% % 271/4 20% 13% 14% 10 9% 10% 112% 112% 113 101 *99% 101% *100 *98 11% 10 35 33 : V v' 11 113/4, 11 Va 113/4 Central 700 33 34 34 333/4 333/4 15% 16 14 15 15 15 15 15 1,000 36% 38 38 38% 363/4 373/4 5,000 Cerro 19'/2 17 21 17% 18% 18% 18% 193/4 29 28 '/a 28% *28% 29 *28% 28% 300 47% 53% 45% 47% 473/4 49 48'/a 493/4 2,500 17 *20 18% 22 18% 18% 20 19% 20 51% 51% X50% 8% 7% 9% 13% 16% 13% 14 9% ■'V 7 19% 55% 57% 9 193/4 20 y4 9 9 .4- 153/8 .9% 10% v'/Z 8% 10% 10% 103/4 11% .10'/a 9% 10% 11 17% 15 % 16 153/4 16% 153/4 16 % 10% 11 113/8 10% 11 % *5 9%' 9 5% 6% 10 10% '• 6% 5% V 19% 15 % 16% 16% 40% 43% 43 19 23% 19% 21% 203/4 22% ft? 45 ft? 50% 42 46 45% 23% *56% 26% 21 233/4 22% 23% 58 56% 56% •61 % 63 61% 61% 16% 16% 18 3/8 16% 18 V 19 17% •54 *613^;',63 61% „/ 16% 17 *16 177/e 18 ■? 18 ' 9% 9 •38 97 ■ft, ft 43 106 26 % 13% 14 ' 13% 12'/a "« V& 32 13 13% *104 13% 104 107 106 *104 ' " ; 105 105 y2 V % Chrysler Cinn 30 23% 24% 24% 25 10,400 51 51 51 51 1,100 *170 185 107 5% *112 112% 112% *60 61 60 *107% 108 103'/a •102% 103% 103 59% *57% 60 103% *102% *575/a 59% *57% 59% 263/4 253/4 263/4 253/4 263/4 31 29 30 41 'ft 44% *160 165 '■Xp': Sept. 3 SepM / 9 per share Oct 112 Nov 25% May 20 14% Jan 22 Deo 66% Jun 17 47% Mar 58% Oct Sep 18% Jan 23 15% 26 Jun 13% Sep 26% Jan 28 12% Jun 12% Jun 26 114 Jan 3 33 Apr 17 Sep 17% Mar 12 X50y4 Sep 7 4 17 9 Jan 6 % Mar 9 % Sep 14% July 11 17% Jan 25 33% Feb 16 "5% Jan 24 Jan 24% 34 % Jun Oct 33 Deo 66'% Oct 74 Nov 25% Jan 49% Jun Sep 76% Feb 16 54 Jan 66 Deo 373/4 Jan 6 19% Jan 37% Dee 9 Sep wi 5% Sep 100 No No Cab par 50 Mar 21 613/a Aug 5 49 Jan 59% Oct No par No par div cum par 59 Mar 6 673A Jan 17 54 Jan 64 Dec 16% Sep 4 25% Jan 2 15% Jan 27 Deo 17% Sep 4 1 Jan x23 Oil 21 10 Sep 4 6% Apr par 25 95 y8 Sep 26 4 112 Sep Deo Jan 8 4% Jan 15 Deo May 8 293% Jan 48 Nov 30 91% Jan 141 4 8.50 (w d) com 16 15 53 41% Mar 15 0 Elec 25% July 11 Z Jan 140 Ve Deo 273/s Aug 26 114 July 10 • Feb 1 26% Sep 5 38% July 9 No par 42 Sep 4 58% Apr 9 42% Jan 58 Aug 28% Jan 4 44% May 23 20% Jan 30 Deo Co par 5 12% Sep 5 22 —— 100 102% Apr 9 Jan 105 Jun 5 19% Feb 26 9% Jan 25 Nov par 50 V2 Sep 4 10 & St. No Louis Ry. Co. May 10 108% Mar 5 98 38% May 11 71% Jan 18 49 Jan 72% Dec 100 Pitts RR 7% Co 26 205 Feb 27 170 Feb 205 Deo Jan 2 108 Jan 8 89 Jan 105 May 109% Jun 113% Jan 10 1093A Jan 115 Oct 77 May 20 108% Mar 5 Jan 68% Nov 1063A Nov 110% Apr 18 93% Jan 100 Jun 9 53% Jan 59 Nov 4 34 % Jan 413A Sep 35% Jan 53% 1 100 6 2 57% Jan 106 Jun 25 50 No 99y8Jan 3 106 50 gtd Molybdenum Industries Jun 105 par stock 4% 187 100 56'A Feb 19 62 July 44% Feb Sep 4 36 % May 21 Sep 4 60% Jun par 1 29 Sep 29 No par 100 41 Inc Apr 4 44 152% Jan 2 ?165 7 140 May 31 Oct 155 Apr Deo ft1;; y STOCKS V Sales for Sept. 6 NEW the Week ^ YORK V Range for Previous STOCK Year 1945 Range Since Jannary 1 EXCHANGE Lowest Shares 9 per share 1083/4 108% Feb 100 & Special gtd Climax Friday 9 per share Deo 17 No No JV*. Sept. 4 1 per share f per share .l 55 28 162 t' Jan 68% May 24 43% Jan 1 w Cluett Peabody & Co Preferred ft Oct 28 % 26 823A Jan Clinton /ft Sept. 5 Deo 33 Sep 10 Thursday ft Wednesday Tuesday 16% 19 1,700 LOW AND HIGH SALE PRICES Jan 1 31 par 4,700 v. Deo 7 Jan 15 y8 Sep 30 % 'ft ft f -\V Monday . ;.' Nov 80% 40 % Sep preferred 17,700 ' 40 Jan 100 46 162 ft 165 Mar 33 No par 29% ft 25 May 9 51% Jan 16 No par vtc 43 v- 16 24 4 P Equipment Clev 8c *102% 59% 25 45 9 per share V 42% Feb 4 Feb A„25 Clev El Ilium $4.50 pfd No Olev Graph Bronze Co (The) 5% preferred 80 60 Jun 3 8 3/4 Sep Stores Clark 800 108 28% ♦160 City 90 *107 30% Aug. 31 112% 112 108 60 27 I'pi'j-V.: - 48% •57% .. 107 ♦106% 59 *102% ..b 112% 185 - 106% 59 Saturday *102 •111 112% 106 •! *170 20% No O. C. C. *102 V 107 V' Apr preferred 22% 185 Feb 10% 13% Nov 17 15 % Sep Corp 5% % 50% *102 115% 153/i July 10 11% July 8 38% Jan 29 PI City Investing 50% ♦170 cl Ice St Fuel City 21% , Co C I T Financial Corp 5,200 2,600 54% 107 Ry Cotton Gas 25% 185 Jan 21'/4 Mar 45 l Cincinnati Milling Machine Co 3,900 11,600 V Nov 23% Jan 50 ; Co 21% •102 V 25% July 43 Copper Co 51% •170 3 4 Preferred 44 32 Chlckasha 9,600 27% 46 1 30% - 11% 109% 29 102 3/a July 31 28 '/a Sep No par preferred tChllds 41,800 ' Jan par preferred conv Chile 31 27 y8 28 44 30% A 1,600 x433/a 26% 44% 12% r 27% 42 30 33 26% 30% 47% 31 y4 13% Jan 24 Sep W B pf ($2.50) Chicago Yellow 112 *105 Deo 116 ' 6,600 26 y4 26% 26 ya 112 Louis preferred $3 500 .; : 11% 59 Pr 991/4 977/a 993/4 26 % *110 300 9% Jan 14 Sep 36% Sep 143/e Jan r__5 Chicago Pneumat Tool 44 *38 44 97% 26% 112 ♦105 43% •106 *38 '? 9% 9% ;i;.C V 9 : V 97% 26 112 27% .,41 95% 26% •105 9 8% *37 4% 4 1.25 (The) Milw St 5% 6,100 ft;?.' 16% 18% 4 20 Dec 22 1 Chicago & Northwest'n 110 56% 61% 173/4 > ■?/■: 93/4 Sep 21% 31% No par Cp Dec Jan Apr 3 25 25 % 18% 20% 93/4 Sep 33 Sep par Jan Dec 15 101. Jun -No 14% July 10 66% 173A Apr 110% Jun 40 & Series .6,800 . Ind Class 16,500 20%;J,21% RR 3 Jan Jan ft Jan 100 preferred Chic 18,100 •/ 26 37% ' Chic 300 47% ' 5% 53,000 45 10 % Feb Chicago Great West RR Co 4,400 57/a 57/a 173% 49% 29 A Chicago Corp 8,000 : East 111 Class 4,600 ; 16%/ 17% ey4 15% 41% Chic & 38,500 ft/ 10% 11% 16 % 23 3 38y8Jun No par "6,200 15% 15% ♦91/4 . 22,800 II,700 ; Dec 3 Checker Cab Mfg Chesapeake Corp of Va Chesapeake & Ohio Ry 500 ■ Jun 159 4 Champion Pap & Fib Co $4.50 preferred 3,300 : 53%'- 553/4 9% - 15 , ? 110 2 No Nov 104% May 20% Sep Products 71 127 22% Jan No par Deo Dec Jan 47 3A 175 161% Jan 1 Copper Dec 48% Jan 83% May 29 109% Jan 14 20% Jan / 10 8 Mar No par Chain Beit Co__ 30 112 20'A 193/4 20 20 V 51% »1097/a 112 •1097/a 111 111 25 4%% Pasco de Certaln-teed 46,800 29 111 25 Vloleta.Sugar Co Ribbon Mills Century 41 111 Feb tCent RR of New Jersey 3,600 36% 33 56 20 Jan 152 105 y8 Apr preferred__100 Pr Corp pfd 3.40% ser_100 Cent N Y 101% 107/a 111 Lt 8 154 No par Highest 9 per share Jan 35% 13 Jan 5% 81% May 27 preferred Central 70 Jun 4 Central Hudson G & E Corp_No par 4,600 '/V 113 5 % 55 183 No par 100 Central Aguirre Assoc Central Foundry Co 10,800 ' 10% 10% V; 3,000 39 Sep 4 163% July 24 2 No par 2d preferred Oelotex Corp 500 22 103/8 Jan 4 I per share Sep 1st preferred ♦4.75 Lowest 59 7% 20,200 '' 20% 217/e . 114 101% ' - r 21 t 9% 114 9% 26% 141/4 y ' •112% 10% 9% *100 26% 21 22% 12 1 15 112% 25% 20% 20% 23 v 21% 25 100 Oelanese Corp of Amer 120 I per share 7% Sep 1 No par 100 107% 156 155 Highest t per share Par ' . Caterpillar Tractor 18,700 63 •:* 107% *106% 159 v , Year 1945 Lowest Preferred 4,600 '64 VV Range Since January 1 Carriers & General Corp Case (J I) Co 50 • 157'/a ;,.. 9,200 167 Range for Previous STOCK • I,900 401/4 - 167 163% 61'/a 60 •106% 107 - 39% 163% YORK EXCHANGE Shares 7% 7% 165 66% - 56 % 107 39 165 NEW Sales for the Week $ per share S per share 7% 7'/4 170 39Vz LABOR Sept. 5 $ per share 7% Friday Sept. 6 Thursday Sept. 4 , I per share $ per share EXCHANGE STOCKS LOW AND HIGH SALE PRICES Wednesday Tuesday Par Lowest Highest 9 per share I per share Highest 1:. t per share 9 per share ' s-': STOCK DAY 66% : 533/4 ; 65 107% ; 42 . "105 51 % ' 13% 14 18% 16% 18% ;■ 17% 173/4 19% 19% :/ 17% 18% 18 22 18% 18% 183/4; / ft"-? 18 20% 15 is; • •'v ■; 36 35 ^ 9% '' • '' p:-; 347/a " 34 , 'v iV ' 13% 173/4 ♦15/;. z/ia n* -"■/* 14 ? E> 12% . *15 rl/64 109 % 1093/4 108% •104 % 105% 38% 353/4 303/4 28% 34 3la 59% Colo Fuel 5% & cum Colorado 600 Iron Corp preferred conv 8c par par 104 Apr 26 42 Sep 3 Jv-p Z-* *94 44% 115 31% Feb 49 Dec 101% Oct 106 Deo 343/8 Jan 14 Nov 233A Jan 29 24% Feb Jan 18 Sep 100 18% Sep 28 18% 100 15 Sep 39 Jan 14 28% Jan 46% Jun preferred 100 16% Sep 38 Jan 14 253A Jan 46% Jun 47 Jan 29 31 Mar 50 Ya Nov Jan 28 31 Mar 50 Nov Jan 24 11% Deo ' v 100 Columbia Br'd Sys Inc cl A ;• Class B 4,800 .ft/./' 1,700 2.50 2.50 114,100 ? Columbia Gas & Elec •94 97 -iy-' ,:.V.' -33/4 124% . No par ?/; Rights 6% 2,600 , preferred series A_ preferred 5% 100 33 % Aug ■> 29 47 32 % Aug 28 9% Jan 14 3 4% Jan 90% Jan 110% Nov 10 84 Jan 107% 48 Z; Apr 22 363A May 21 106% Apr 10 36 Nov 41% Oct 26 Deo 28 6 39 Jan 53% Sep July 15 110 Dec 116% Deo 15% Aug 25% Deo 1/128 Aug 23 3% ; 118% 120 —'ft29% 51 57 1 • V "- > ■ ' 30 3/i 32% 29 34 41 36% 119 . 32 3/a mm-' ft ft/ 39 $3.60 100 108% Sep 32 4 100 102% Jan 353/4 Sep 4 No par Aug 23 111% July 25 23 No par pfd w 24% Feb 26 No par 95 7 Elec_10 41% Sep w Southern Ohio Credit 10 preferred Commonwealth 100 No par Jun 107 6% 28 A a 106 ; 3 V-' ,y'i-: ; • 20% 6VB 7Va 106 Va 105% ; 20 21% ft- 28 27 29% 106 6% 6% 7V4 20 7 28% 29 1053/4 105% 203/4 17% 6% 27% 29 20 193/4 18% 17% 513/4 48 49 49 50 49% 49i% i-py 21% 233/4 21 22% 22 223/4 22% ! 23 i 26% 28% 24% 27 24% 25% 25% 25% 1 25 28% 22V4 23% 233/4 25 233/4 25 1133/4 1133/4 113% 1133% 1133/4 40% 42% 37% 383A 39% 2,800 is y4 "J 49 18% , 177/b ' 18 # '5,300 - 17% Edison 4,000 of N Y 2 Feb 1 89 Jan 1243/4 36 Va Jun 17 28% Jan 34 % Nov 42 3/4 Jan 2 77% Apr 22 22 Jan 48 Nov par par Nn par No var Grocers Corp Laundries Corp Consol 31 4 5 $5 preferred Consolidated 53/4 Jan 4 Copperimlnes Corp Consol 49,500 "ft 105 % 1053/4 20%' 32% May 13 19 % Mar 15 23/4 Jan So par Consol 19,200 593A Jun 123 6 29% Sep No ' ;/ . Sep 111% Sep 118 % Sep No Cougoleum-Nalrn Inc Consolidated Cigar 4,100 50% Aug 12 ,5 4 X40 25 Co New 5.4U0 July 23 1.33% 5 132 17% Sep 6 29% Sep 6 18% Sep 6 40% May 31 34 3 55% 3 10 3/4 Feb Sep 6% Sep 27 • Sep 36 4 193/4 Sep 26% Mar 6 Feb 6 , Consolidated Natural Consolidated Vultee 15 Gas 24% 106 163/4 Feb 26 23 3A Apr 42% Jan 60 18 20 Sep 4 j'v'.'- '/v . ■ : I 15% 17% 15 106 % 106% *105 39% 42% 38% *110%- 113% *110% 10 53 11% 543/4 ' 9% 50% *106 40 40 *110% 10% 10% *105 24% Sep 4 47 Jan 1 *1107/8 10% 11 12 12% 38 38 39% >_ ■ft 22 % Sep 4 32 Continental Continental 17% 17% 18 2,800 18% 19% 19 20 19 19% 3,000 51% 53 50 51% 51 51'% 150 14% 15;!: ft;: 14% 15% 15% 153% 4,500 55 54% 15 •' 16% ' : *54% 55 260 17 14% 16 15% 16 153/4 16 5,900 60% 58 59 58 583/a 57% 58% 880 34 34% 33 34 32% 333/4 31% 321/4 13,400 *1073/8 107 7/a 230 56 ;V 1 56 15 59% 1 y> . 56 ■ ft 55 ' 108 64% 108 66% *107% 62% 108 64 Y* 108 108 63 64 *200 9% 8% 8% Q 10 5% 5% 5% 5% 5% 53/4 343/4 373/4 37% 38i/4 X33 107% 31 % *25 footnotes see page 1343. 205 40 107% 32 28 3/i 200 *107 29% .*20 200 108 303/4 26 *107 30% *20 108 303/4 26 65% *200 203 8% *201 For 64 •••.' . - 203 6,400 10 of Copperweld Steel Exch Bank 3% % Corn Products 11% July Jan Interna t 38 26,300 107 200 30% 22 35 % Dec 45 Dec 115 Feb Deo 109% Jan 17% Aug 108% Jan 26% Apr 8% Jan 10 4 53"% Jun 10 No par 110% Jan 2 5 9% Sep 4 50% Sep 102 113% Mar 29 18 3/a Feb 63 Jan 18 24 4 Jan 29 Sep 4 35% Feb 26 493A May 23 4 40% nov 17% Deo 109% 933/4 July 37% Jan 106 % 10% Apr 46 Dec 50 Sep 113 July 8 11 45% Deo Jan • July 18 25 Dec 17% Dec Jan 59% Jan 20 Deo 29% July • 43 Nov Oct x23% May 29 14 No par Co 2,100 Crane 16% Sep 83A common 19 47% Feb 16 12% Jan 19% 60 24 49% Jan 533/4 Jun Jan 14 14% Sep 4 7 5 31% Sep 6 39% May 29 105% Feb 5 1093/4 Aug 14 8 70% Aug 12 52 * 58'A May 199 Jan (The) 3 18 16% Aug 21 52% Mar 643A 30 38 % - Jun ; Oct 71 Oct 182% Jan 199 Deo 143/4 Apr 10 6 Jan 13 Deo 7% Jan 29 3% .Tan Dec Jan 43% Deo 3 49% Jun 17 253A 107 Sep 6 110% Aug 99 % Aug 29% Sep 4 353A Jan 8 14 July 23 39% Feb 1 28 Oct Dec Sep 2 Dec 108 x33 No par 26% Deo 1013/4 Aug 58% Jan loo (The) 553/4 Nov 67% Jan 210% Mar 30 2. 8 % Sep!- 4% July 16 ,-Apr r 27% Jan ft 25 preferred Deo Jan 23 % Feb 1 Corp 28% Jan 56. 4 14% Sep 57% Jun 25 100 16 ,5. 1 50 Refining Cream of Wheat Corp 1 3 Sep 20 Corp Co common Crosley Corp 30% Feb 18% Sep ,50 1 Co 33/4% par 5 100 Trust Inc Coty 25 22 12% Feb 26 Feb No Preferred Coty 6,200 30% 109 % May 31% 18 5 preferred 6,700 *20% 54% Apr 1 Corning Glass Works 53/4 107 4 10 Conv pref 5% series Cornell-Dubilier Electric Corn 9% . 115% Mar 15 21 Jan 38% Sep Del_ Steel Corp Ccoper-Bessemer Corp $3 prior preferred 93A 37 Jun 37 8 .._20 Motors OU 5% -.1 112 No par Continental 19% 53% . par No par Inc Continental Insurance 6,200 21 17 Can 2,100 .1 51,100 18% 163/4 Continental 34% Nov Sep Aug 26 21 20 No Jan • 53% 16% pfd of America 7,500 16 3/4 ; $4.50 pfcL $3.75 preferred Continental Diamond Fibre m 52'% 39 3/a Pow 6% Continental Baking Co $5.50 preferred 100 13'% 38% 13%-. 37% Cuba Container Corp 14,300 10'% 51 133/8 39% of RR Consumers 10,100 , 41% 13 52% 11% 200 113 10% Consol Retail Stores Inc 9,000 /, 16% 107 39% 113% 'ft 51% 513/4 16% 16% 413/4 113% 40 Consol 2,800 1133/4 39% 107 37% r 1133/4 V 40%/.;.; > 16 15% 107 1133/4 8,000 ft Oct Nov 7% Dec 17% May 27 33% Jan 17 1 ' J Dec 25% July 12 100 Aircraft 50 Jan 3% Mar 28 6 39% 29% May 13 1093/a Jan 4 105% Sep 4% Nov H Jan ' 6,000 17,100 .. Oct Deo No par Edison Co"rip Nast Pub Inc 800 30'/4 com Commonwealth & Southern__No par $6 preferred series No par 27,500 39'% Co Commercial Solvents / 3,600 •18 ; 39 & Commercial 310 300 18 40% cum Columbus 286,900 1221/4 ■■■29% 30% •30% • ] 23,200 ft ft —— mm ' 38 % ;••' $4.25 • 32 3/a 31% Pictures v, 10,700 '• mm mm* 30 .lV' 23% " 37/a ft- 4 ' l ; 42% —- Carbon Columbia 9,700 111 J/4 223/4 123% 30 3/a Columbia *7,600 • •"'% 42% 4 120 30% 51 ?•• ft :;;ftftft'.ft/ft 111% 23%.: 33/4 2,800 37 43'% 43% 433/4 22% 3% ftx'ft 113 *111% 22 . 43 42% • ;ftft 203/4 32% JV;'■/; • 43 126% •52-r 96 41% 114 43/8 29% '['V''t& '*[ *94 433/4 x40 24%',' 1 • 96 Jun preferred 28'% , Deo 50% Jan 1st 104'% 36% 28% .,: ' Deo 16 41 50 ®A 2nd . 543,000 X28% 37 va 37 X27% X112 46 '/a 116 20% - : 42% 46% 'ft 36 29% *94 96 43% > Nov July 11 12% Sep 20 Oct 72 ■? ' j.- "• Deo Aug 20 5 63% Jun 110 16 No Par Southern 60 3A 183 May non-cum 109 J/4 104% _26 No No par 1/128 108 7/a 104% 42% Feb 130 69% May 20 non-cum ft. ;ft 109 104% 104% rl/128 : 23 No preferred 10% 10% ' Jan 11 4% 33% ■33 J/4 333/4 4 62 Feb 4% 35 10% Sep par 200 ft 16 J/2 108% 109% 104% 37 28% 19 16% rl/64 '/ft par 156 w/ftftftftft. 1,680 173/4 16 35 'ft P 10 9% ;. ■ > 9% . A 14 17% 16 ;ft v"./; •• 35 /<■•'•& ?* ■?*'"/;r V /V'v '.' 'Xx;ft; 35 333/4^ 33% 34% 33% <• ' 11 17'j: ' /ft'" 13% No A $3.50 ft?., 18,400 •:?; ' 4,700 'f ft 16 13 No Collins 8c Alkman 2,200 19 (The) Colgate-Palmolive-Peet 50 '/.ft 46% Co Coca-Cola International Corp No par ' 5,500 ' 106 46 47% Class 130 :ftft/'ftft- . 49 Vaft ftft 108 47% 45% 66 Coca-Cola 1,700 *900 . 51% *105 108 43 160 65% 65% ft'—. 50 493/4 *105 .. 51 % 159% 159 *900 48% 54% 107% , . ■' 65% *900 ♦1100 CLOSED 65% v ; 159 163 156 166 •65% LABOR EXCHANGE 166 24 Jan 28% Mar 108% Deo 34% Dec 41 Jun -wtpw t\fl4.n«*Mr»f"* THE COMMERCIAL & FINANCIAL CHRONICLE Monday, September 9, 1946 NEW YORK STOCK RECORD Monday Saturday Aug. SI Sept. 4 Sept. 8 Sept. 2 / I per Sper share 42 % g per share 9 per share ' LABOR 53 30 . 107% 118% 121 40% 44% -26 31 27 29 19% 22% 19% '21 27% 23% *165 165 165 40 173% 41 - 42% 45 *103 105 ■■1-V i9%; *103 •11% 12% 126 / 126 123% 123% x68 .68 70'/a -69% 6% 6 19 20% 19% 105 *48 * 19% * 20% 60' v 1 • 9,500' ■ 140 31% 32 30% 32 ; 18 19% 20 ;/■''/ 19% 20% 20 21 20 21% 20 20 21 • Prior preferred—. ; 22 23 23 20 /'/ 19 22% : 19% Dana 34 111 22 I'll 49 53 42/; 46% 41 41 22 %: 48 50 V4 39% ' 41% 2,000 5,300 • 40 35%' *40 35% • 8V4 7% 9 7% 41% 24; 51% 52% / ;/■; 42 43% 24% 43 40% *40 36 8 Va 73 *70% 21% ■ 8% : . //; 25% ... 40% 40% 49% 22% 24% * 106 ' 42 21 40% : 8%.; 8% 23% 24 Va 27% 39% 40 49 49% 49% 49% 20% 21% .21% 22% 21% 21% 23% 22 Vs 107 40 106 r 106 37 38% j'1 : ;:* 105% 37% 37 52% 53% 49% 51 51 51 X50% 34% 34% 31% 32% 32 32 30% 31% 28; 30% 28% 29% 30 27% 29% 19 19% -87% 91 26 18% ... .18% / 52 -5% Cup Co 5 6 76% Apr 29 12% Feb 4 5% Aug 34'% Feb 2 18% Jan 4 18% im 85 88 Sep •4' 30 145- July 18 4 45 May 20 29' July 15 May 13 Oct 154 Oct 75% Oct 9 Sep 25% Apr Nov 27% Deo Sep. Sep ~ 30% Oct 118 125 Oct 37% Deo • 4' ; 34 31% May 23 30% Sep 4 6 20 % Sep 4 34% Apr 20 45 2 75% May jan 39% Sep 11 34 Jan 113 4 37 % Jan 16% Jan 36% July 31 7 108% Sep 33 1 58% Jun 114 Jan 3 39% Mar 42% July 26 34% Aug 34V4 Jan 50% Jan 29 Deo 49% Nov 47% May Dec 40% Sep 3 7y2 Sep ' 23 % Sep 3 16% Jan 16 4 28 Apr 17 21 Jan •77/ Feb 25 67 Jan 75 Sep y 73 Aug 22 20% Sep 6 24'A Sep 4 " 39% Sep 50 % Apr 33 Aug 50 40% Jan 48 16% Jan 35 Deo Jaii 109 Mar 17% Mar 50 Deo 47 56 Dec 29% Oct * 43 % Jan 3 19 1 100 Sep 105% Mar 15" Jun 16% Jun Dec 9 4 Aug 26 34% Jan 14 39 July 10 3 57% 25% 7% Mar Aug 13 , 39% May 4 15 .';: 18V4 Sep 24 —No par common ;———No- Co._ Doehler-Jarvls Corp 37 par" .109% Feb y 52 Sep 4 49% Sep 30% Sep . No par 0 —— 4 ,• 6: y 25 Jan 3 18% Sep 4 105 5 Dome Mines Ltd— Douglas Aircraft————No par ' Dow Chemical Co common—No par No pat 143% Feb 26 *: 112% Sep 4 : > 19 Sep - 4 : No par /. Apr 24 62% Jun ; 8,200. 8,000: ; 24% 122% Apr 59% Jan 45% NOV Nov 1 Class A——— '7,500 19% 87% Mar 24 . ' 19 9 Jan 20 !, Jan '146% Feb ; 5 Dr.. Pepper i,.- 26 28 5 4 jioo preferred—^— Dixie 350.: 1,100*: - 84 84 x81% . 200: 2,400* 4 Sep 51% Nov 8 Sep No par —.— par 6% partlc preferred— 23 Diamond T Motor .Car Co^ 9 Distil Corp-Seagr's Ltd new——2 .46,800 v July 4 . Diamond Match—^ t 500 p\ 5,000' 23 105% 1,600 - 'V 49% 24 % / 82'A, May 16 Sep * Devoe & Raynolds class A——_12.50 ? 99% Dec '106 , 110% Jun .1 De Vilbiss Co— 5,100 Mar 25 2 19 —.100 — Deo Deo 11 19% Sep Delaware Lack & Westefn J—50 Detroit Edison—. .20 Detroit Hillsdale ft S W RR CO—100 a ^ 800 20 *106 , 11,500 73 19% . Preferred NOV 56 Deo Jun • Delaware & Hudson 20,200 ; : 20% 27 40% - 102 42 29 66 laf '■ _»50o 6,700 ■ X150 NOV Aug Mar 4 30 Decoa RecordB 14,000 500' , 16 129% Jan Dayton Rubber Mfg Co^._ Co— 25 145% Jan 25% Jan 5% Sep : & 8 10 28% Jan 8 9 Nov 52% Nov 111 Jan Feb, 19 (The)—7 Deere Jan 87% Jan 66% Sep 1 — 124 Oct 35% Nov - 9 165 11% Sep Dayton Power & Light Co 4%% preferred— Inc 106 12 Deo 112 Mar J23 no par " 20% 26 %_ 27% t - i 37% *65 . y • 1.9 37 1Q9 41- 73 21 40 *49% 18% *60 26% 39% *49% 19- 24% :;V: 21 21 23%/: 28% /'< 24% . 23% 73 *60 /•,' , 24%: 23% : :, 35% " 25% 24 Va 52 106% Dev 16 . 53 30% Deo 5 3 ' 20 111% 41 21 :•/; 111% ' 23 ' 3 18% Sep Davega Stores Corp, N Y Chemical Corp ITbel 13,200: 32 Apr 54% Feb 115% July ' 48% Jan 6 , 47 =.100 <—— . 3 99% Jari 4,700* . '150' 4 59% Dec . Jan Jan 39 - . ——: .3 9 per share 20% 5 Jan 160 Davison Corp 110% Feb Jan 49% Nov 12 19% Sep 1 ... 40% Apr 25 % Sep" 7,400 22% 21% 31 113 . ' : 40 . ; 32 51% 34 • 31% *111% ' 20% . 39 31 * 112% *111 .//■/ 24/.' 34 21% X20% ' • 30% 31 // •/.;'? : " 37. 6' 4 Highest 9 per share 14 Sep Sep. t 38 ' 109 J Cutler-Hammer Inc.. Jan Jart 21 115 ' No par 2,600 - 54% Feb — D 19 27 No par . 5,300* , Feb 27% Sep 62 i. ' Cushman's Sons Inc 7% pfd —' 31 $7 preferred! Curtlss-Wrlght—.. Class A 50,900 20%l 19% •. 1,300* 6% *130 " 48,400' 67 6% 140 *130 100.. * • 51 107 — 1,500 . 123 66% 6% 5,900 y > 13 %" 1 12% - *119 68 ' 6 60 par No par No par 1% preferred— —100 Cudahy Packing CO— __30 4%9fr preferred.—?, ..100 Cuneo Press Inc new5 Cunningham Drug Stores' Ino._2.50 Curtis Pub Co (The)^— No par 100 • Sep* Crucible Steel of Amer——No: par 5% preferred— 100 Cuba RR 6% preferred—. -U00 Cuban-American Sugars 10 /• 19%, 19% - . 13 % 123 66% 19% r : 43% * / 30 32% 30% 12 % - ■ 65 123 140 *130 140 *134 39% *52 6% .5% 105 19% 19 57 173% *103 44% *103 105- 18% *48% x57% 11% • 42% 57% 14% 18% ' 165 165 300 Year 1940 Lowest 9 per share $.7% No — $4.20 preferred $4 2nd preferred -' 5.200' V;//../ 800 26% - 1,000' 22% 11,100' 21% *165 42% preferred $2 — 42 103 102% 25% - ' • '-V 119 41 102% 22% 26% v 102 • I per share 'Crown Zeilerbaoh Corp.... 9,600 - 107% *110% 41% ""41% 101 900- 30% 28% *104 Tar &;Sea/i———Ndpar Crown Cork 6,300 ; - 52 *50 30% 107% *113% 119 41% 38 40% 39% 52 297/e *105 108 101 100 ' .117 .117 , 100 52 53 29% *103% *103% CLOSED 40% -39% ' ;■ //.r Shares -9 per share 9 per share 38% 52% 32'/a Range Since January 1 Lowest Highest > ^ 27% 53 DAY: STOCK JRange for Previous NEW YORK STOCK EXCHANGE Sales for the Week Friday Sept. 6 Thursday Sept. 5 share 38% 37% EXCHANGE STOCKS LOW AND HIGH SALE PRICES Wednesday Tuesday 10 48 Mar 19 37% May 31 2 29% Feb 18 Jan 22% Jan 6 80% July 24: *108% Mar 25 ; Mar 65 29% Nov Mar 100% Dec 122% Jan 110% Jan 167% Deo ' 176% ' 163% 168" 116% 175 *112% 112% 112 Va 23 *106 20' 19 110 20 y2 ••106 20 40 38% - *129% 20% / 1,500 21 20 / 20 116 1$ '/// / ■ *115 187% 130 13 Q 129% 129%" *115 116 14 !5 16% 116 / 14% *115 >: 15 '/ 300,' $ per share 'STOCK EXCHANGE Monday Tuesday Sept. 2 Sept. 3 / $ per share tiABOR 20 > Thursday sept. 5: 1 /'•;/■/: Sept. 4* ->//;;; 9 per share /./ 20 23% 9per share 9 per share 20% .20, ! D W G Cigar Corp 21 28 29% 25% 52% 49 50 220 225 X220. 226.. *205 209 *204 225 46 32 27% *204 48 31% 30 *110" ? / 209. 53% , 110% 46 42% 110% *109"% "U9% ;9% 8% :■'? 55 61% 16% 38% ; 8% 8% 61% ;.4% 4% 20% V 17% 41/4 169 149% 150% 140 '■ 42 43 52Vt 49% 15% 18% 25% 28 76 104. 153 4% : ; 144 144 50 y« ^1% 14 15% 25% v- 15% ' ■ ; . *104 106 *104 106 /■?:; 27 29 109 109V4 3% "108% 1091/4 27% .3% 11% 61% 62% 61% ' *90% 3 ' 3 12 117 Mar Oct ,-100 - preferred 5 1-100 j Lowest Highest , I per share 9 per share 13 Jan 21% liv« JUn 10 263* Sep Jan 35% Nov Apr 24 170 185 Jan 104 229 Jan 49 Sep July Aug , July 3 200 Deo Deo Jun 66% Oct : 40% May 22 112 Aug 2 24 52% Aug 14 109% May 24 -8% Sep 4 1 Year 1945 / "209 '/ Aug 28 71 Feb 2 8' ' 4 27 % Sep : 4 108% May 23 : 33 Mar 4 Jafi 46 Feb 114. • 106 25 109% Deo 39% Dec 112 Deo 13 8% May 16% Jan 28 107%-107% ( 108y2108% 3% Deo 13% 13 "■"64% 64% 65% 65% *90% ' 92% 12% 92% 13% 12% ; 22 /T-V"" 21" 22 ' *90% 12 % , 39: ; ..31% 49% 44% ' 34%" • 46 21% ■ 35:;; 34 :"v, 45 ■," 9% 8% - 47 ■;;.' 71 Deo • . Sep 104 Sep 3,100" 1,000. , No 25% Sep • 29% Jan 27 % Dee 81 Dec 20 9 16 Jan 15 100% Jan 8 100% Sep 6 Mar 101 Sep 1 May 30 Jan 14 / > 33% Apr 16 5834 Apr 26 15 ;n% Jun Sep " 4 63% Jan 3 ; 9 107% Dec 37 Deo 106 July July July 108 109 4% NOV 20% Jun 12% Jan 68% Jan 86 Deo 86 29 4 8% Jan Sep Jan 95 Sep .44% 103 .22% Jan 4 3 Mar 24 Jan 111*% Mar '5% 62 7 23% Jan 28 ; 93 Jan 17 31% Sep ' Deo 43% Aug 34% Mar 25 Jun 25 55% NOV 48% Oct 20% Mar 2a Sep 3 61% Sep 3 X90% Aug 29 Sep- 146 21% Aug 110 11 12 Jan / 41% Apr '106% Jan 9 Jun Deo 103 2 111 3 ;2% 158 / 104% Apr 11 105 May 1 par /Jan 30 Va Feb 3 4 102 y4 Apr 7% Deo 19% Deo 109 43% Mar 29 ,102% May 28 < 6 , • 2 56 Va Jun / 61% 5 Sep Eversharp Inc —w——— '—-.1 Ex-Cell-O Corp -————3 Exchange Buffet Corp—i——2,50 12,200 ? 9% 2 Jan Eureka Williams Corp-—— —8 Evans Products Co———0 4,400. . 46 9% ' 4 4% Aug 3% Jan 24% Deo July 10 *167, _ , 14 common. ': 24' 180 Vz May Sep 42 S% prel series A ——100 Erie Sc Pitts RR Co————,—60 9,400v Vt i; Jan 7% Jan 29% May 28 ;: 46% Jan - . • / 73 Ene RR 5 22 X44% 91/4 ? 35 1 • :1,200 13% 33 , " 33% 92 y; 390 . Sep 24 40,900 410' y 4 137 —3 : Jan 16% Sep 148% Jan No par 16,700 ' ; Jan 14 24 '•y: — 200 : 42% 5 48% Jan 80% Feb ■ Emerson Electric Mfg Co— HQ V 5 35% Apr 38% Sep Emerson Radio & •17,406 : Se^ 16% Sep $6 preferred— El Paso Natural Gas; 400 " / : 1041/4 12% 63 20 103 54% No par —4Phonograph „_B Endlcott Johnson Corp, ,—,—50 4% preferred ; -100 Engineers Public Service com—-1 $5 preferred——No par : $5% preferred—. No par $6 preferred-— -——No par ^Equitable office Bldg__„-No par > : 31/4 I31/2- ,12% . 47 "A /■9 113 30 Vs May 22 31'/a May 16 7 61 Fel? 26- 215, 191 Electric Storage Battery——No par 5,000 v v > 11,600 Vv 28% 27% ; 3ys '" 24.1/2 ; 16% 104 14% 14% 2,400/ "• 251/4 .3' 9 15% 73 11 [:?: 2 • 2,800. 24% 104 . 2i 4 Elec & Mus Ind Am shares Electric Power <fe Light— No par $7 preferred——-—No par 7,500. 48,800 - '/ 431/4" 73 26 ? *. • .51V* . ; so 107% 20. / 26 25% Jun — 906 700" 1,800 *71 102% : Feb 5 May 21 9 per share 30% Jan Electric 6,300 ; 73 107% 92 Dec 129 Highest ' Electric Auto-Lite (The) Boat—1_—— Cony preferred w i—— ■ 145% 43 50 14,500 • ; , }59 X145% 16% 25% :' 25 Ve 18% 4% 51% 104% *90% Deo 34% 192% Oct 125% Jan Lowest /19% Feb Elastic: Stop Nut Co. 4,100 . Co. preferred- 30% Jan Range for Previous Ekco Products Co-—— 4%% 18% ■ ; 108 'A X12% > 3,700* ; r 17%' 43%' 103% . 9 <39 X156 43; y; 108% :• • 104 110 30 I •iv,' 4%. 4% *108% 109% * 45 *70 104 110 21 Range Since January. 1 Edison Bros Stores Inc com——1 i*. 3,500. : 58% 39 • 18% 158 30% 104:% 104% v / Mar Deo 3 July 116% Feb 4 : Eaton Manufacturing Co— 110 % 18%' 39% 155 • , 24% . ? 25% • 10/ 4,400 ~ • 56% 18% V 18 140 47% 193 ' 76" Eagie-Plcher £ 31 110% : 43% 58%! 57 "39 ,181/4 17 164% • . *109% *38%* 51% 30 *108% 18% 40" ' 133 / 4 Sep 12 20 Va Aug 155 13 Jun 113 1 20% 45 Jan 14 Inc_^__ 1 Eastern Stainless Steel Corp I Eastman Kodak C0—J.—NO pat Q% cum preferred-^.-. wlOff 2,600 50% 110% 9 54% 4 209 ♦109% 18 16% 114 5 .Jun 33% Apr 111% Dec 58% May 28 .227 4 Oct 115 27 y 125May 22 Eastern Airlines 1,100 / 222%: 49% 31 ' - Jan Sep 9 per share 19,700 , i 209 *108% 110% 44 / 45 /■; ' 110% 40, > 50 8% 45 17 2 / 176. EXCHANGE 37,500 • 28% V 220 / 51 9Q 22% 21% 27 *48 209 49% .. no:; 109 • 47% '*109% 27 ;il6 Apr 12 41% May 10 4 Shares f per share f) 22% 29% .28% 47 7 «Jun 33%. Jan 4 NEW YORK STOCK the Week 50 222 25% 50% CLOSED Sep 19V2 Sep 30. 1 ^ Sales for Friday ,4 I 50 ' DAY 106 ; —u_No par (IS I) & Co—__20 04.50 preferred-^.— NO par Duoueana Light 6* 1st pfd 100 * Jun "118 STOCKS Wednesday ' - -100 International-: LOW AND HIGH SALE PRICES Saturday Aug. SI preferred-—- ll92: . Du P de .Nemours • 3,300" ,'r conv 60c; Duplan Corp— , 8,800 : 3%% Dunhlll 1,700 C: v 116 Xl4% 15% v- 1,200" 38% 181% ' 116 t 200/ /. < *37% 188 129% - $4 preferred series A—s Dresser Industries A . 11,100 y 108%;, *106 38%. 100 20 % 186 184% 129% 170 19% 108% 36% / 168 *112% 117 117 /■'' 20 38% '176 131 *112% 106"/,/ *104 20 : ' //•'• 19% 36% /? 170 170 " 21% /.; 19% Va 194" 180 '■ : 92 NOV Jan 20% Deo 11% Jan 15% Jan 28% Dec 42% Jan ' 6s% Nov 8 Jan 9% DOO -if. 55' '23-":;v *; 63 9% 21% 21% 106% 41 29% 33 14. 15% . / ) 60% ; 40% II1 *17% !" •BO ' - 58 112% 17% ' 15% lit'/2 14% 29% 55% 61 . 25% 56% 59 • 60 „ 42% 17%' . 16%. 16% *22 43 "•! *110% *41% 111 . *—3 39 Sepr 26 Feb Sep / 26% Sep x1048/b Apr Ferro Enamel 16% '.16% 16% 16% 29 30 26 26 25% 25% 241-b 25 V, 23% 25%- 81 . .30%: 1,700 ■•' 5,100: 22,700» ' 10 preferred i.— .—100 pat (The) Carpet Co— No pat Flintkote' Co (Thej; com——No par. — 500 16% *25% - ; 25% -25-, Power Corp —27% Florsheim Shoe class A hew_No par Follansbee Steel Corp: ,i —-10 Fair 1,900 > Inc——Notpar/ Food Machinery Corp—— l_10 Foster-Wheeler 4,300 ' Jan 26 V4 Deo Mar 110% Oct 54% Feb 43% Jun 7 25% Jan 23% Jan 32% Nov 108 5 Feb 7 34 Va May 29 3' -70 Feb . 7 9% Jan 103 y Jan 21% July 50 Jan 42% 18 107% Dec Deo- Apr 34% NOV 63% Deo 83% Apr 6 53% Mar 70% NOV 109% Jan 17 105% Apr 42% Jan 110% Mar 60 Oct 23% Jan July 111% Nov • 20% Sep 6' , i 70 V2 May 29 28% July 1 46% Jun 30% Sep 110% Jan 115 40% Sep t' 16% Janf . 24 Sept i 11% Jan J 14% Sep: * 4 72% Feb 26' preferred—,^ 28 25% Sep 5 Franci«co Suear Oo_—- Na war 23% Sep- 5 .29", Sept Jan 5 18 'Apr 18 20% Jun 7 57 10 prior Deo 17 104 5 / 21'% Jun / 34% Aug 13 41 Corp__—- 6% 220 - Nov 86% Nov 20 Va 10 55% Sep ; / Stores 2,500 30 —25 Florida 65 13 4 5 4 12 54% Feb' 25 Jan 12% Mar 106'/a Jun First National /Stores—a—no Food 18,100 80 30 ♦ 5,600 17 78 " 8,200 ' Sep / 42% Jan Z 25% '59% Sep . Firth $4 preferred -i—i_——No par Florence Stove Co—L—i—/-No var l • 500 18 24 •• 16% 79 ' ^ x24 Firestone Tire & Rubber———25 1 17% 33% 26% • r Fidel Phen Fire Ins N Y——10 1,500, Corp—z——w—1 9 26% Jan 17 : 5 19% Jan ♦112% Feb 4' Federated Dept Stores new com—* 4% % cony preferred—i.100 May 21 36% Feb t 26 12 4% % ':i : 4 18 Federal Motor Trucks—No par 8,100 '/■ 45 24 .15% '30 t 34% * ' 17% i7%: 77% " . 33% Sep Jun Federal-Mogul; Corp.;—1——8 2,900- f /": 21% { 24 , •f 62% f 59 '>■ 201/4 20 105 Federal Mln & Smelt Co-— 120 ' 3 88 4 7,800 /. 11,500: 55% • X57 ; 96 60- 22% 35 33% *110% 112% 32% Fbr footnotes see page 1343. f, *JC7% 107% 21% 80 26% /55% 62% • .*107% 107% 16% ■14% •73% ■, 26%' Sep » 4 : Sep 9% Sep 1,1001,900: :■ 105% -105% 75 , . . % 17% ' • 31% 29% 1,500/ • 42 13% 281/4 26 . 41 18% 42 30% - 52 : Fajardo Sug Co of Fr Rico——.20 Corp/J: Federal Light Ss Traction——13 $6 preferred—————No par; Farnsworth Televis'n & Rad 18,400 : : *105% 106 14% 25% v 112% 41% ; 22 Fairbanks Morse E Co——No par 4,000 4,300;. : , c 11 /.V 21% :--'22 107 60 40% :: 22%' ' ' 21% 33% 112% 57% - 31% .28% r 57":; 30% 55% . 29 ■ *105% 25% 20% 10% .13% ; 69% 60%' *107% 107% ■ 22% ■: 31 105 25% ' /! .21 27% V8 . 58% 22% •10% • *105% 106% 40% '40% 13 26% 35 2o- 15% i/a 31% 105 23% *111 " 21 , 61 22. 32% '■ 20 12 , «8%: 159 rj: 60% 66%' *107% 107% ; I . 10% 30 ;. 26% 30 > *10514 105 Va 28 56 22 y« io% 22% 9% • "7 56 : 108% 106% 39' 39 y4 *39% X24 " 52 •22 l07/a 106% ; , 23% 41 Jun 20 21% Feb 16 29 •23% May 107 41 Jan 38% Deo 53 Oct 16% Deo 18% DeO ~6% 13% Deo Mar. 9 59% Aug 80 Vs Jun 100' Apr 16 49% Jan 17 28 Feb 9 25 Jan 44% Deo 25 Jan 43 Va Deo 28 14 Apr 27 Deo 35% Jan iVolume 164 " Number 4523 CHRONICLE THE COMMERCIAL & FINANCIAL 1337 NEW YORK STOCK RECORD LOW > faturday Aug. 31 I per share f»• V' • ; # '£ . • . j/t \> pi I per share 17 CLOSED ' "m ^ ^lO?3/* 50'/2 - 38 : •. >•" 107 13 8% 14 • > 15 "• .>13 ' 14% . 55 > 55 16% 100 / • 12% . 18% 96 „ 17% 1063/4 53 55 .52% ' ; 11% 12% > 193 - 10 Va r 10 11 86 .-<• 86% > •; 43 -: * 19% 45% 17 53% 53% 18 8% V4- 50% *•44 > 48% : 49 133/-> *100 . .17% :'.' 17 : 110.' 1,600 ' ' *120 - 53% - 12 49% 134 ; 121 31'/2 ■£ >5% : - $8 11% 10% 11 : 86% *; -. - 87% 33 33 179 Vs ; - 179%, • 41% 46 Vt; 48 *120 59% • 453A 108'/a 4 , y- 6^'a ^ 58 - 7 29% 42 105 - ; 41 42 '•>: 18% ? am • ; 74%.: > 40%. 34 ? *98: ■'.'.50 b ■ 9 per share .-•y. Monday " r 51 closed - • t- i day; .T r , 108'/2 :.*165 ; >108 II.'/a ;c:: "8%y 160 33 : : : ..*107% ■ 40% ,35 / • 89 9'/8 38'% •qo .1; *107% 54 .. ■- 25%. ,27% 25%., 28'/2 ;i ;ij% - 48 28% 86 footnotes see page 1343. 27% Aug 17 4 14 9 103 Guantanamo 2' ' Sep lof % 4 25 Va Jan 3J Dec Oct 52 y2 Jan 57 May 33/4 Jan 29 -147% July 25 Ya Feb. 8 47% May 14 88 % Apr- 3 - 53 " July Apr 6 102 Apr 10 48 113% Jan 107 77 Mar $5 preferred Oil NEW 4 t : 4 :3 ) 26 Sep /; 4 169 Jan 63 Sep 4 4% Jan Jan Sep Sep 7 . Sep 64 Jun Jan Sep Jan 109% Feb 79 ., v- Aug Jan 86 Bee !-■ 223/4 Jan x35 Dec ' 5 104% Jan 108% Mar ; 4 28 Va Jan 52% Jan May 20 54% May 28 111 13% Jan 108 14% Mar 30% Jan'28 ' 4- 78% Jan , ,78 26 < :■ 28- May 31 ' Range Since January 1 Lowest Highest • per share Par ' 9 per " 2,600 1,500 78 54 *80 82 1 Deo 9 per share ••25 24'/4 > Oct 152 60% May 29 X30 Feb 37 26 ' 4 Apr 73/4 Jan >11% Sep ,7% Sep 3 16% Jan 16 9% 4 15% Jan 28 6 Mar Jan 2 July 11 108 — —23 Co,, Glass 121 v -18 , 4 —25 X78 Sep 163/a 186 preferred —L„ioo 184 Jan 15 L No 20% 100 % 90 Jan 2 192 Aug 7 par ■22 Sep A 38% Jan 9 ,53 Sep 4 72% Apr 130 Jan 28 1—100 ponv Dreferred ; Hewitt-Robins Inc J,—_— -35 ■•;■■ ••' 3 3 »»A 22% 37 .7% 35% ?r27% 29 100. 8P/4 Sep par No par ,5 ... Hmde <si Dauch Paper Co 25% 25 >/4 : 400 Hires Co -2 >24 r. 4 139 4 Jan 135 Sep / 27%- 27% 51.. , 4Q%! -i> • 27% . - 17%—; so 50 29'/a 83 % : 7% '36%'. : 48%32 y8 new——5 2,400 1,400 (Del) Hollander & Sons .25 (A)_, 2.100 Holly Sugar' C»rp__;—. 11,100 HOmeetake — $2.25 800 30 2,400 *108%. 109 10 30 V 83% 85 3%% preferred 19% 18% 19 'A 11,100 38% 37 V* 38% 2,300 Howard Stores Corp— 36'/i 37 36 % 5 37 ' 3,600 Howe Sound Co i9y4 IVn -; ---*i5y2 -17% 37%. 37% 20%- *—'-.20% 14% 6%. . 38 " 33% •- 6 %. 21 Va 6%: ; , 16 I 3,300 700 37% ' ■37%" 5.200 '20% , 34'% ,. 7% 7'/4 *16 . 21%- 20,800 34 ■■ A-- £% 34% 3.600 6% 22.400 Hudson & 38 106 •. Apr May 146% Jan • 71 Va 3 Sep t c preferred x43 22% 43% Dec 14 Nov Dec Dec 14 Dec > 134% NOV • Jan Dec 103% Dec Oct Apr Jan 35 92% Nov 189 > 3 • 9 "48 90 138 21% Aug 32 • >100 ,100 . 7 ..,16 25 Jan 333/4 Nov Jan 32% Dec Jan 11 6 17 Jan 26% Nov 17% Jan 35 Nov 42 Jan 60% Jun 16% Jan 55% Oct 62% Apr 22 26 25 20 102 24 66 95 Apr 30 Apr 9 >47 Aug Sep 3% Jan 25% Dec 63 Nov 29 3/4 Dec 109% July 87% Nov 12% Jan 23 y8 34% Jan 54 Dec July 19 60 % Feb 4 Nov Dec Dec 23 % 35% Jun Mar 35% Sep; May 22 111% Jun -413/4 Aug" 16 fl 40 28% Feb , July 4 36 3 17% Sep 23 37% Jun 34% May 10 5 Sep 27'% Jan 83 6 138 Feb ■• Aug 393/4 Dec Feb 72 123 May 31 5 Dec 12% Jan 251 2 Jan 8% Dec Jan 171 10 Jan 23 y4 Jun 45% May 17 July 15 July 19 26% Aug 36% 34% Mar 25 14% Jan 34 25 Hud Bay Min & em Ltd,,—No par Hudson Motor Car, : —No ♦"* 33% Jan 4 '118%Sep .4 6.66% 32% Sep 4 49% Jun 3 10% Jun 24 Dec :3 Hunt Foods Inc__ Hupp Motor Ear Corp— * 6 Sep . - i 16% Feb 130 2 41% Apr • 108% May 1 — 4 v Apr 104% Jan 170 21 39% May 13 4 / 26 15% Sep Co—No par Manhattan-, non-cum; May par ' -5% Sep 24 % Mar ,.26 12-30 No 00m 18% 1,100 Sep 100 _v--- preferred 37% v - ■, No pat :—50 com Household Finance 8" No par Mining#,,^ Houdaille^Hershey 6,700 36%. 7% 1 .25 - 29% 108% 83 'A 16% ,17% 52 52%- v ,>. ic8% : ,. '' 16% .. 27 ?• 26% x39% >40% > 1 Holland" Furnace Houston Light & Pqwer Houston Oil of Texas v 18% %r *15 6 y. 27 26 32 Vz Feb 10 (C E) The 37 17% 35 17 *31 -26% 155 17 No $4 Jan 29 % Dec Jan ' No par : Dec 110% Mar May 23 51 121 . Dec Oct 98 1093/i Mar 26 4 4 W)__—— non-cum 6 Mar 13 32 103% Jan ,100 preferred (G 99 • .,.9 -5% preferred Hershey Chocolate 2,000 18 s^ Aug 21 1 — . > Dec Jan " ,10 Power 500 105 16 Hercules 290 103% Aug 24 2,700 ' 27% Jan 2,500 "142 39 43% nov } Jan 11 343/4 May 28 Jun Jan Jan 15% 13 170 ;• » 33 106'% Jan Motors, v 85 — 17 Highest Sper share f 20% Apr 4 Jan • Range for Previous Year 194{) 109'% Apr 119 • 4 ' Jun 61% 25 Hercules 137r - • 142 21% Sep 155 — Co. 3%% Helme ■1% >54% *135 — Hecht 100 24%- 00 ?ar '4 16 8 1 Jan Jan Apr Hazel-Atlas 190 i 23'4 v Sep 105% Jan Aug > I - 24 26 V2 Jan * ;■ 58 V10% Sep Hayes Industries Inc Hayes Mfg Oorp 200 ' " 105 v — 40% May 13 • ( 30 Ya f: Deo Jun 100 • Lowest share Dec 49% 1 of Amer class A—— preferred (modified),, .100 4'/a% 3,000 . i par par No. Refrac preferred—i—) ' 18% Sep .100 pfd—No 1 Step > 4 * ' 4 -U9 Hat Corp 390 107% ,_5 k No Hart, Schaffner & Marx 40 7,600 36 35% Feb. —18 -— preferred, Harbison-Walk ■6% ; conv. new—» Hanna (M A) Co $4.25 3,400 •164 - 166% 107% Printing Cq A% 17.0 170 ' ■ 16,500 34% — Hamilton Watch Co— 8% !- Water— Hall ll'> 8% • Kackensacx 3,300 1,800 • Xl%-' V 12% 137 39 )v 12 % Oct 82 • l ■• 55% Dec ' 5% Mar 25 Jan.25 > STOCK Nov May t , Oct !J 75 Jan 64 52 % Apr • • STOCKS EXCHANGE 653/4 Nov 39% 175 1613/4 Mar 5 <> Apr 105 - 4 v.. Sep 57 '/4 Feb 46 Dec NOV J; 2.1% DOC Jan 28% 17 ' Aug 28 £47 21 143/4 28 Dec >1' 33% Sep 105 14 $4% ./13% Sep'*4r No. par x ■ 188 % Apr 3 > 90 . 4 p. t * 4 34 _1 No par Feb v Dec •, 217/a 14% 253/4 3 18 .. Nov 333/4 Feb 30% Feb ^26 107 Deo ? 18 3% -40% Jun • "2% Aug i 19 .112 Sep 3 May 22 No- par — YORK 5% H Oct > Nov 73/4 J2% Jan - ' 4 24 16% Sep 47% Sep 63% 89 18 30 Oct 105 % Mar 54% AT ay 10 27% Feb 8 , 5 100 Corp - 4 • Jan NOV •* - 74% 12% Mar Feb ' Oct .40 115 Jan 1 165% 3 43 •' 4 Dec ; 73/4 July 107% May 16 ■4 > Deo : •' 96 151% Jan 4 Jun •71 Sugar common Dec 26% 8% Jan 3 ^ 14% Sep - Mar 46 v 3 Sep 29 % Sep • 111 111% Deo 105% Apr 13 59 > Jun Mar 56 % Jan A Mar 25 106 > Dec May 10 106 3 Mar No par i 383/4 13 % Mar 18 May 17 73% May 19 108, 26 5% Sep : Nov 1 90 42% Apr 4 Jan 30% Mar - Dec 443/4 July 10 Jan 26 107 • ; $5 conv preferred Gull Nov 105 % ' -• Deo 31 133% ■ 46% Apr Jan 7% Sep —5. 100' : Gull Mobile & Ohio RR M IOO > . 102 < *185 29 :- ■>,. 86 35 6 Mar Dec 34 Jan 25 3/8 Mar 118 25 r —,,,^1 45% 10% *99% . 27'/4 >28 109 - 20% ■> For Jan 99 - 26 105% Sep Np par- preferred Grumman Aircraft Corp 166 *74 .26%. • 29% *103% 33 - 24 44 190 • 19 , ,,,.100 9,000 19% *163 85 16 VaV 41% 20% 201 79 •/ 141 — 27„„.. 39. .u 37 36% 38y4 19% '■ ' 26% 38 • . "13 34 City Steel—,. T) Co (W Bales for; 19 108% V * -*82 10 July 10 -133% July 1 33 '/4 Sep 3 68 Feb 26 No par 5 Shares 11 137'. " - Jun 47 Oct Deo 87/a Jan : 3% 49% May 21 v • Deo 140 Feb 123 12 Jun 6 No par 100 12,200 May 31 Apr Feb 58% Jan Green (H L): Co Inc.,: Greyhound Corp (The)> 4%% preferred 1.100,. 66 Deo Jun •T02%"J&n Green Bay & West RR, > 47 •;> 46% 111 No par. Great Western 8ugar_ Preferred 5,900 - Jan 7; 60 54 Great Nor Iron Ore Prop—No par Great Northern Ry 6% pfd—No par - .15% 23'/4 *135 .. - 8% 90- y. Dec 28 3/4 15 ' 31% 7% r Jan 7% Jan 26 1—No par 8,000 ■«' 37 V* Deo l7/a 7% 22 36% Jan 10 20 107 36% 132 v 102% Aug 28 convertible 3%% 3,60.0 Jan Jan 39% Feb , 20,700 ;■ 22% 21 4 103 100 130 ,• Dec 14 8 14 22 Ve Jan No par 150 < 38 J/4 ■>-, '•■35 -—*32% 28% i6% 64 > 23 " $5 3,800 ! •: • the Week 54% % *13 -5 Cc : Jan 10 Jan —__1 com 10 99'/a July 23 No par No par ——50 Goodyear Tire & Rubb 14.5Q0 27% 108' 161% . F) 26 v -'—24% -20% 90 '37 50%,J 108% • (B Apr 777/a 26% Jun 4 107 —,5 preferred- Mar 37 % Feb NO par <The)> conv 130 11%. Feb Sep 108 r.—100 Safety Razor—!—-No par preferred May 150' 4 n !//'•- $5 preferred .6,900 107 ' 141 109 P8 preferred Dec Jan 125 1143/4 3 .29% Sep Grant } > ? ; 53 18 'a .30% ?;'■•■ *185 -- 3% % 123 62 5 43 27 6 i—100 Oct Mar 134 14 - - 29 Granite L ,.-11% v.ii%;9 8% ~ preferred t 52% Aug Aug 23% May 21 110% Sep Co— Nov 56 Feb 40 43% Aug 127 30 " >36% Mar —100 : May Sep 49% 40% Jan 23.) Cprp—No par Oct 172 Jan Jan " par 36 Oct 377/a 30% .fcin Feb Sep ■,17% Sep v30 Sep 1 Gold k Stock Telegraph 10 Friday 1 —• 102 -*107% • No 7,000 172■ 8 . 5% Sep 4,500 V. ' 27% Mar 153 8 Feb 123 " Grand Union Co • Apr 52 142% Feb 1,100 ; . Sept. 6 44% 161% 182 Sep- 3" ~10c Goodall-Sanford Inc 500; 18(«.y 64% - 54'.i 30 *108% 5 No. par 100 Rubber & Goodrich 'Co 3,400 * - 33% 14%; .v 5 24 — 41% 54 > 109 :; >' 5 47 53 >1 , * 87 • ' 23% 29% w. 90% Aug Mar 6 47% Aug 12 •40% Apr 15 -' 4 ,_5 Goebel Brewing Co—— 2.100 108% % Corp 5,000 107 ■ , -•>.*75 29% 1£% 9 29 Z 67,600 108y2 %-Sm34% i. 26 i- 19 *99% I.'. 108% Tire 4%% 17,400 16 Ys ■ >- 8 38% *166 — *35% *: 37 27 Dec 16% Apr 132 ; TOe • preferred—No par Gotham Hosiery: No par Graham-Paige Motors, 1 Granby Consol M 8 & P —8. 39' 36:5/ :*/. 20'/a % -'82 38 277/a 16'/a Sep 24% Sep Corp__JVo pai preferred— $4.50 - 50 9 per share *36% 143 v* 4- 28% Jan 126% Sep 6% *105% 8% ' nz. 56% ■A 25 17% 115% Mar 2g t preferred Glldden Co /. . 7,100 28 *172 - 22 : . 8,600' ';. i j ; >■ " A 100- - 106% x27 • Thursday Sept. 5 -■>.—11 190 29'/a 17 Sep <55 par $5, conv preferred—, Gimbel' Brothers —J . 20,300 - 49%u | - s-' 64% 42% :>78 25 28% Apr 42% Sep ■ * "19% > 6% Gillette .-■#100 62% i7»4 : . 47% 18% .V Of* X78 137 4 29'/a Sep 171 Jan __^_10 No par common__No 4y4% 4,600 x32 89" v;:^ - Outdoor Adv 4%% 11,100 *108 | per share - -8%. *185 82 ' •85 ? 10® preferred conv preferred 1 - • • 101 160 - 36% xA5% * '. 168 y 80 *135 37 $5 General 14,400' • 72% ;'.-37.%: ■■ ■24% 158 25%. 35% 7% 108 106% 108. y >*107% 23% 23% 190 ;; 143 Deo Sep . 9% Sep - 8% ' -*79 54% 143/a 185 % 8 ■;! 138 6% ■ 107' ^-V:: v 63 •- *- 11%. 7% 108%. ■ 47'% >• 11 \ ll% y 37% V Jan Jan 6 • 6% -26% 60%; 27%,' •. 17 General Shoe Corp , 57*. ~ .i<.%;,. i5'% 20»/4 *185 -24% 8 3% 160% 8 General Refractories 9,600 .43% v 6T':>yr:; ;-i 64 ;*87 : ; 42 11 101 12% 172 ■ 21% v 102% - 6 29 54% Aug - 103- 106 170 -v *163 ■ ■;-•.? ii % ii 102% . i >105 18%. ■•;.i05 41%.- 46% ;yv 13% • 25% ' 14% Apr 200 "• Apr A' 56'/a Feb Gen Realty & Utilities 670 .^472 'd* 75"::%-;-;; 5 72% .72% ;4:40% : 41% -t.r> ■X39%: 41%.. t per share *36%; 19 y- i 108% 170 Deo' 28 135% Jan 3,200 v 50- •- 60%.; 17 .% .*64 x62% "*• 65 - ;c; ;:;ior-iaor- :?■ 23% Deo Jan 182 Feb v 16,100 103'A; 103 y4 f! 8% s par Jun Railway Signal. 35%; 106 !,49%. 14% 91 47 ' x20%!> 21%. ';iSl9%3. 20 • 49 22 130 Gen 71 v *168,, 773r 7% . .13% t«36%;)38% vr.' ; . 63 /27 '« •_ t 72"-'. *87 •, V 9 per share GTOC; LABOR. W. 4 exchange ;•>, Deci no y8 Sep 71 % Apr >42 Public -Utilities 32% 138 ' 73% 17%:, < ■it per tfiare Dec 6 Sep ;;"44 3% % 108% 6% V) ; . : tow AND HIGH SALE PRICES Tuesday *«;. -• Wednesday —« ':■ Sept. 3 -• ; Sept. 4 v 61% X52 21% July 1 Jan 14 108 100 Gen 45%. 41% 36%^ • .. 107 7. ■ : Jan 3 " ,v-;37^ -39 15% .16% 33. :'33 %•:.'? i-"i-—4 , ## 34«/4 16% > Deo Gen Time Instrument *56%' ..;.6ya.,6%' i,; 170 ? 38 95 ■ n 49%" 26.>,27* 107 8% > 14 109% 1,100 . | - ^. 140 - 105% •*64;VV67 . 38 ■.■•':■ 8. > 24 % Apr 32% *101% 6% ' 60 % ; 15% -no 443/4 108% > Jan 4 • Gen Steel Cast $0 preferred—No par General Telephone Corp 20 >5-47 - v. 102%. 102% • ' 31% 77%, r>> 71 ■ *107 6Va - • 571/2 ' ' 67 /• A / .168# . . 12% 104% 16% Sep 106% Sep ' :' 34 *104%. 105. ' 58 v 37 ' 14% 28 26%; 169 *56% • • 52% 47%; < 80% 3,200 -31'/a i _26%-26% 29'% \ % t:" 50 *138 ; ;108% 108% 16% 17% • 1$ ,17 »/2. ' ; :>• 32 34% /»-;-71% 26 35% • *108 3/4, 1093/4 "; * .7%-- -7% 5%" * 6% • •32 ; Jan par Gen Precision Equip Gen Public Service 113 >103%'" 105 105 % .. a 44%: 44 y8 . 140 25 . >. 42 : 30 % 58 141% May 28 No Corp common 5,200 105 >•>' W -; 43% ... *101% -104 •59>/4 61% 105% 105% • 1053/i | 8 38% 4 4 102% 6% 140 643/4 7 Jan 78 ; May 28 No par Foods General Motors Corp 20 108'% 102% 58 ,> :1 6 103 26 24 —No par 1 100 2,800 *107 '"48% r *57 • _9, Deo 4 5% preferred -> *108%. mi - *104% 34% ;15% ' •: 74 26 58 31%' • .v." 45% - *103% *101'/a § 43 *107 48% 33% ,39 l\ Sept. 2 111 • /# 32 105% - '71% 8 -• *108% . 31 y» 76% "T7 Deo Nov 38%. 32 v.-. 36% 105% Deo 14% 51% 1—100 !__50 preferred 66,500 26 33 30% - >: - . 108% 683/4 59 28 3/4 67% May 29 Sep Sep . 7,800 :• 6% 111% 38% > * in,:-';: ! 33% ■103 14 V* 163% Mar 4 " 8 Inc Gen 146 *5% 33% 112% 38 '. 33 25 2nd 4,600 26'A" *140 ;> 25% 110% "46 ' . 143 143 ; 146. 24% y* 32% 105% . 1. ,46% >; 29% Nov 15 29 -52% Sep 15% Sep No par 7,600 : ; 4% 17%';:;>18V'V -V# 6% "6 Wa35% . 104'% 40 *67 Apr 5 Jan General 500 i8% x31'/a 38% *103% :30 ■ . *101 Deo' Dee 197/a Nov Jan 3 39 : 95,400 4% 33 : lll'A *107 *1053/4 108 #48 f; 52'/a Aug. 3i 32% v 40 -■ ;■ 31 y2 ■•:. 34- • : 26 12% 10% Jan 29% Jan 4 No par 300 59'/a x25'/4 18%' *140 143% *108% 385/8 107 y2 105 22% Jim Jan Jan 16 •7% —No : preferred conv General Mills 80 127 »/4 17% •: 4% 17% > y- 26% -"4% 29 % *108%• Ill Saturday 25% r.v- 24 32 32% *103% 4V 2 General Electric Co 6,800 1,400 .v/: 121 % 58% 1127% - . ' * 6% 4% 29 Anr May 29 1 1%. preferred / 90 57,100 . 4%' General Cigar 1,900 130% 130% : 120 38% 40 :,/4 ' '31% 21 17 - preferred 4%. 1st — 400 : ;v 40 % 45 '/a- - 2 127%-; •18% -19 • 370 - ■ 47% 47 v 110% 117% 38% Corp General Cable Corp 25,200 42%- : 43i ' ' / ; 127 y4 18 5%.- 35% 34% 11% Jan 2 5 General Bronze Corp— 1,600 * '. 49% - ■ 57% :v 86% • ■V 41'% *120* • 4 23 27% 112 Deo 12% Jan 100 Gen Amer Transportation-,^-—.-8 General Baking -8 10,200 Jun 1 '15% May 28 4 .13% Sep 18% Sep 18 Sep par Investors Amer July Jan 19 51% Nor 34 35 18 .50 1.66% ——50 preferred conv 3' Jun >7% Sep ■ 9 per share —1 preferred, $4.50 preferred 193 17% 46 25% 4 143% 6% - X24 Gen 2,900 ' 12 •11% >10% Jan No par Co Container 5%% 40 ."■•■ loo 53 • *188 '. -.132-"- 132"* 18 ;17% '■? 30.'1 148 *145 > (The)__ conv Gaylord 8,000 17% -49 - 57% 24% ';. 19% 30 Co Wood Industries Inc 4%% 13,400 18% 40% * 126% -•16% 4% 17% Gar 1,800 :: 110 X52 193 ■—86 ' 55% 26% 4 Va ho • 10% ■r- --* 126% ■'->! 203/4 25% Gamewell Gardner-Denver 17,700 17% *104 112 3 ^ Highest I per share 27% May 13 3 - Lowest Jun 48 -l 3,300 107-> i Sep Sep ' 3 |05% May 15 1 common—, (Robert) *61 3 17 31 ' —20 —3 5,300 * ,16% Inc Co 6% " 107, *188 46% •••' - # 48 61 127 Gabriel Co (The) I per share 45'/a Sep / ,-—100 preferred. Galvin Mfg Corp—— 14% 18 < per share common.rw-l Co preferred—! cum Gair 2,100 17% 40. , *132 •' 120 127 4% v 24,100 • 20 17% . 46. 1 54 -v- 11% 10% 85 39 55 12% 53*'".i * • -y 18% 85 423/4 120 12% y.»4L>\'42%# >v*4L'>#43 %>> 31 '•>• 32 : 29%: -31' ,£*■ *179 % 181--': 179% 179'% 39% - 13 16% 193-r"; 9% .29%, 33'% 179% 179% ■-• 197/b- *100" 11% *188 18%- 132 " -- v 100 19% 19 «/4 8 Trailer Highest ; Year 1945 .<■ Lowest • *188 ■: " 19% *ioo... : 54 14 19% 17 . 108 *102 • ; v 96 • y 19% *53 16% ,16%#17% 18% 1063/4 - .55-—-r 15% 100 , 12% '*.52% c " • 14% 12% 18% . 19 19- - 20 19% 14 18% 18 20% 21% '■'. Range Since January 1 , ; Freeport Sulphur Co -1® Grain & Rlalting Co Inc_l Fruehauf 2,200 8% 20% 13% 13% 20 -18 - ' - ' ■; : ■ Froedert 900 12% 8% 20% . Par 13,1-00 :. 19% 7% ; 8% 20 20%; Kssrt for Previous % EXCHANGE .. , 3,300 A',,/; 107 12%- 9% . 201/8 51% .17%; 37% • 35 % *107 » i07%^^>107;f 107% •,/ - 50% " STOCKS NEW YORK STOCK i . Shares 17% V 17% 37 ' J the Week I per share . 17% - DAY#''# " ' 31 Sales fog Friday .• Sept. 5< ;>: > Sept. 6 I per share V,"-', ivV-; \ 47 49'/a 48%—, 17 v. # 17 • ' 17—. 31134%-35% 51 :> 45% LABOR EXCHANGE ■ Thursday Sept. 4 I per share : . Wednesday j, . Sept. 8 9 per share STOCK BALK PRICES HIGH Tuesday Monday v'.r Sept. 2 „ . AND ~3% Jan 9% May Dec . , W«atoBXWMifcffAKTT* 'j»nrjk»*l mttm. LMXMttmm. «»■*. i n. I r tt— |M.|^^^rr„m.n||)|.<)(:m|1<|(t Monday, September 9, 1946 THE COMMERCIAL & FINANCIAL CHRONICLE NEW YORK STOCK RECORD STOCKS'*- • AND HIGH SALS PRICES Tuesday Wednesday Sept. 4 Sept. 3» LOW Saturday Aug. 31 f per share Monday Sept. 2 Friday the Week Range for Previous . $ per share Highest $ per share For Shares tper share 1 per share fper share share HighCit Lowest Lowest t per share $ per share EXCHANGE - I per .......-Year 1945 Range Since January 1 STOCK YORK NEW Sales for Sept. 6 Thursday Sept. 5 tper share I STOCK EXCHANGE DAY 343/4 LABOR 35 35 24 > 25% 54 54 •92 ♦20 547/8 20% 8% # 54% 263/4 553/8 500 *92 97 21 22 : 8 3% 21% 22% 83% 9% 8% 400 93% 343/4 Sep 4 44% Apr 23 29% Jan 40% Deo 100 24 Sep 4 45% Jan 15 19'/a Jan 44 Dec 100 100 54 92 Sep Jan Jan 14 47% Jan 99 % Apr 72% Jan 1000 21 Sep 373/4 Jan 16 28 16% Jan 28 34% Dec 20 RR Central Co preferred series A 4% Leased lines 97 *92 8% Illinois 36,600 553/8 263A Idaho Power Co 1,300 25% 25% 97 CLOSED 35 35; 35 • series A RR Stk ctfs ' Illinois 7,600 Terminal RR 25% 26 267/a 26% 273/8 3,700 14% 14V4 14% 133/4 14% 2,300 8,800 Industrial 1,300 xngersoil-Rand 39% •182 35% 40 34% 17% X14% 7% / 383/4 46% 45 6 3A 8 7% 11% 13% 11% 40% 12% 225 220 87 78 8% 31% 99 53/4 6% 5% ! 42% 114% ♦105 110 *105 ' 16% 17% 110% ' 114% 14% 59% 193% 430 93/s 6 31% 453/4 44 % 45% 117% 117% 1083/4 1033/4 108 155/8 59% 16% 110% 110% 6i ■; 41% 40% 41 \ 48 49 50 42% 42% 22 22% 23 22% 31% 20% 22% 20% 22% 21 22 32 33% 28 *50 31% - *53 •'/'•r 16% 6i 1,700 213/8 22% 23 21% 22 32% 313/4 33 No par No pat 100 No pat i Salt No pat International Shoe ;•.. 94,600 25 new i_25 preferred 1% Intern! Telep & Teleg No No No No Foreign share ctfs 5,400 5,900 Silver International 300 50 ♦41 100 preferred International 1,600 483/4 5% 100 41 ; 18 Co Paper preferred $4 preferred 310 483/4 conv Interstate Dept Stores— • / 273/4 45 *23 25 *24 25 *23 25 500 / Intertype Corp 45 !\rb 26 ♦44 45 .*46 49 X45 45 400 •160 163 ♦160 163 & 13 12% 13% 125/8 105% 105% 105% 14% 107 107 50 51 *112 120% 113% 123% ♦110 125 *110 55 55 56 113% .104% Jan 140 Feb 174 44% Jun 166 3 22 % Feb 6 11% May 3 19% 11% Mar 8% Jan 57 May 28 37% Jan May 23 13% Feb 16 104% Jan 109% 6% Mar 12% 59 112 Mar 250 Jun 6 102 Jun 13 74% Mar 100% 202 : Apr 11 178% Jan 193 15% Apr 22 2% Jan 17 Jan 13 45 2 Jun 101 3 8 7/a i Aug 27 11% Feb 5 Dec Dec 34 75 5 42% Feb 3 1 Oct ~ 147/8 20% Feb - Deo 10% 5 148 53% Mar 6 Mar 13 132% July 24 Sep 4 Jan 21 55% Jan #'40% 1 46 i 38% .r 19% July 23 20 July 23 par par par 28 • 112 2,500 125 *55 *112 114 160 Joliet *146 40'/a 39 99 f 25 / 21 41% 101 100 213/4 22Va. 42 100 700 223/4 21 23% 120% Sep & 123 & 140 No par 100 39 Steel pref series A 5% Mar 100 RR stamped—100 Chicago Sep 53 12% Johnson Jones & Laughlln 51,700 100 41% 423/a 100 100 preferred 2nd preferred ser A 4% ,.*146 •112 X 114 150 46% Jan 108% Apr Johnson :/• 114 ♦146 no par Manville 3%% 100 300 56% — pfd—100 preferred 100 Corp com—No par 4%% Johns 160 & *112 160 443/8 125 ♦111 55 (F L) Co Jersey Cent Pw & Lt 4% Tea Co Inc jewel 30 127 par preferred— Jacobs 900 47% 47% 16 220 125% 114 23 10,600 112 *155 39 13% 106 106 113% *112 103% 1033/4 13% 13% 107 126 >123 55 120% *112 130 60 X158 % 158% 47 47 123 113% *547% 49 X49 .; 128% c. 39% .110% ,103 14% 106% Aug 21 Island Creek Coal— 163 ♦160 17 190 2 Sep Aug Jan Jan 3 4 30 133 18% 19% 18 Jun 151% Jun 95% Jan 30 53/4 Sep 4 No par Inter Rys of Cent Am 3,000 :,40% \A 200 108 109'/a *16% 109 5% 87/8 Sep 29 % Apr 100 1 100 International 1,800 54 5 8 Chem Preferred 33,400 1161/2 190% Jan 28 class A St Int Nickel of Canada 80 44 5/8 Min International Mining Corp 3,600 116% par preferred 4% 41,000 138% 138% International 200 33 5% 6% 33% 140 No May 20 22% Jan 38 3A Sep 4 105 Aug 9 63/4 Sep 4 / ll3/4Sep 3 195 Jan 30 - 78 Sep 4 100 Int Hydro-Elec Sys 3,600 98 Business Preferred 21,800 32% *95 <: 20% 50 10% "313/4 993/4 47 V No par 193% *42% 51 Machine Int'l International Harvester 46 42 48 No par Interlake Iron 22,100 222 120 17% No par 1,200 40% 41% *42% 6 32% 44y8 No par 100 Corp preferred 4%% 6,300 10% . *138% 109 109 63% *60 r/'v 1 827% 32 > 20 Intercont'l Rubber 2,800 110 47% 120% 42% 5% 140 140 140 1201/4 9% 32 31% 30 33% 30 *138% No par new 813/4 ' *95 Co 193 % 192 . 127/a -12% v *215 221 80% 33 99 101 • Steel 82% 221 93/a 11% 34% 10 31 101 • 100 Interchemlcal 50 73/8 par Inspiration Cons Copper 1,400 7% 12% 123% V 41% No Insuransharrs Ctfs Inc 700 108% ♦107 7 1 Rayon preferred Inland 8,500 12,000 8 40% 43 6'/a 193% 192 193% 16% 75/a 107 80 193% 38 153/4 8 42 220 85 37% 163/a 107 7% 220 38% 16 *7% 107 107 108 6% *182 36 73/4 107 • —w 153/4 8% 126 124 % 125 363/4 15 *7% 42% 41% 423% 40% 122 *182 120 120 124 *187 36 25 % Sep 133/4 Sep 36 Sep 117 Sep 168% Mar 22 34% Sep 4 xl47/8 Sep 4 7% Sep - 4 •Indianapolis Power & Lt No par Industria Electrica De Mex, S A 36 451/a 4 2'/a 117 26% 14 15 % 14 % 8% Sep 5 Co 85 4 8 5 3 4 6 4 3 1 Mfg Co 8,600 Joy 1,300 Kalamazoo Stove St Porn jr 5" 22 24% 26% 122% 122% *122% 23% 26% 23% *50 58 42 42 18 :<■: ♦45 14% *122% 24% 24% 54 *50% -24 122% 122% 26% 7,700 263/4 *52 54 41 42 173/4 18% 43 43% 18% 5,900 25% *26 263/4 27 263A 16 16% 17 16% 473A 46% 47% 3,300 43 46% 40% 40% *40 3/4 42% 43 43 26 28% 25% 27 27% 28% 28 28% 20 20% 17% 18 18 18% 19% 19% 96% 96% 93 943A 92% 93 92% 39,800 94 33 , > 353/8 35 32 33% 323/4 34% 37 ' 33% 35 35 35% 33% 'i 353/4. 50% 51% 47% 49% 48% 49% 47 48 46 47 49%; 47% 493A 47 " 500 1,500 1,800 430 343A 6,300 36% 49% 5,500 3,900 48 4,200 Aug. 31 f per share Monday Tuesday $ per share I per share Friday I per share i per share the Week LABOR DAY 6% >. 7 CLOSED 57/a 6% 48 *45 46% 46% 6% 47 63/8 6% 47 >/ '46% 6% 34,900 47 800 1,900 41 44 40 V: 46 46 *72 82 ♦64 75 a *72 75 75 75 100 *58 62 *52 58 58 58 57 57 400 12% 12% 12% 12 7/a v. 38% 40% 38% 393% 13,100 4,800 .: 8% 3% 93% 8% 9% 9,000 31/4 3% 123/4 13% 12% .; *30 373/4 38% 93A 8% 3% 7% 8% 3% 3 33% 37 : *30 25% 83A 41% 12 % 41 37 25 41 21% > 37 *30 22% 9% 8 5/s 49 52% 47% 48 26% 27% 25 253% 23% 87/8 8% 48% Vr 25 45 . 3% ♦30 37 24 23% X 31 10% 11 29% 32% 89 91% 89% 200% 2013/4 200% *40% 46 *41 54 61 *84 30% 90 200% 88% Lerner 9,400 Llbbey Owens Ford Glass 11% 29,900 11% *30 31 89 89 88 1,500 89 ' 88% 50 '?> 201 *43 Xl97% V 100 2,300 197% 50 48 53 45 493% 36% 33% 35 Lima Locomotive 51% 50% 357/8 33% 35% 6,100 31% 29% 30% Link Belt Co 303/a 273/4 28% 28% 293% 29 30% 26% 22,400 Liquid Carbonic Corp 3%% Preferred Lockheed Aircraft Corp 313/4 277/a 29 29% 31 29% 30% 36,000 Loews 68 75% 67 70% 70% 73 71% 74 25 273/4 23% 25 25 263% 25 25% 119 22% *194 110 24 197 27 20 see 8,300 547% 55% 57 56% 57% 3,100 31 31% 31 '/a 31% 313/4 106 5,000 *105% 1063/4 18% 39 38 38 *160 165 553A 47 51 43% 48% 42% 45 ; 196% 27 17% *109 page 1343. 23% Long Bell Lumber A Lorillard (P) Co 263/4 50 For footnotes 22 *194 www ? 111 106 18% ,37 *158% 106 19 / 37% . 18% *363A 165 *158% 48% ■•51 50% *44% *109 47 HQ 47% *109 19 38% 700 200 4,300 400 111 No par 7 25 No par 100 1 No par No par No pat 10 100 7% preferred Louisville Gas & El A No par Louisville & Nashville 50 Lowenstein (M) & Sons Inc 1 4%% cum pfd series A —100 Lukens Steel Co ——10 MaeAndrews St Forbes 8,100 Mack Trucks Inc Macy (R H) Co Inc 4%% pfd series A .18 .100 preferred. 8,800 Mar 3 45% May 3 62% May 17 44% Jan 3 65% May 22 37 J/ S . ; No par No pM 100 96% 35% Jul" per share 5% 43 % 37 61% 57 . ••-'5. 24 29 22 22 9 Jan 28 May 23 Jan 28 Jan 15 64 Apr 4 4 V 38% May 16 5 15'A Apr 15 4% Highest $ per share 54% Jan 49% Sep 4 74% Jan 28 10% Sep 3 15% Apr 15 29% Sep 4 , 37% Jan 21 86 Mar 13 v 102 May 23 86% Mar 15 103% Jan 24 194% Jan 4 210% Mar 29 43 Sep 6 65% Apr 11 53% Sep 4 88 Jan 8 45 Sep 4 66 Feb 13 213A Feb 26 43% July 1 43% Jan 29 120 Aug 7 45% Jan 14 41 Apr 11 94 : May 31 35 Jun 10 31% Jan 18 197 Aug 28 32% Jan 17 72% Feb 6 43% May 7 108 July 9 30% Jan 14 63'/a 29% Jan Jan Dec Jun 5% Dec 60 Jan 7% Jan Oct Dec ■1 17% 6% Jan 2% Mar 51% Deo 72 44 Jan 17% Jan Dec 17% ■ Jan 12 Jan May 13 44% May 14 39% Oct 47 Deo 48% Jan 24% Sep 36'/a 33 7% Apr 20% 657/a Jun 14 4 4 4 Previous 1948 31% 35% 4 Sep 4 July 12 Sep 3 Jan 3 23% Sep 4 207/8 Sep 4 186 Feb 27 26% Sep 6 '53 Sep 4 30 Sep 4 104% May 9 17% Jan 3 share 17% 55% 17% 57/8 Sep 27% Sep 29% Sep 60% ■ •••■- • , 9% Jan 7 3 68 May 4 : 62 Apr 5 102% Apr 6 82 Apr 110 27% 26% 64 $ per Dec 35% *49% Nor Ja Year 47% Sep 25 40% Lowest /:>. t per share 1 6% 165 51% 483A Star Cement Corp Lone 5,900 27 196% v., Inc 7,000 , 27 165 111 200 *194 39 *109 4,100 28 *160 * 97 30 110 197 *25% 106% 18 110 106 34 106% X213% 29% ■30 115 30 59% 303/fl 21% 29% ♦110 53 27% 59% 207/s *194 110 8 No par No par Jfo par Wks 28 *110 1 No par Lion Oil Refining Co 51 34% ' Preferred 2,000 2,600 26 7 21% Sep v 8% Sep 5 Lily Tulip Cup Corp 100 57 Aug Jan No par No par 23 100 43 55% 28 44 4 3 4 4 3 Libby McNeill & Libby 43 54% 72 % May 3 46 33% Jan •, 19 Jan 5 100 4 12% Sep 37 Sep 7% Sep 3 Sep 49% Jan Liggett St Myers Tobacco Series B 8% 3 Aug Jun 26 Sep 32 10 25 50 Life Savers Corp new 56% 49% • ' 55 8 6'/s Feb Jun 29 • No par 8,200 523/4 93 *198 45 53% 33 30% 117/a 30% *89 Stores Corp 31% 52 ■ 26 4 Lehman 30% V $ 11% 89 v pfd 1,200 54 11% 50c non-cum 2nd 25% 28 15% Feb No par 25 50 7/8 333/4 Lehigh Valley RR Lehigh Valley Coal Non-cum preferred $3 non-cum 1st pfd 25% 28 % 25% Sep Sep Jan Jan Jan Sep 4 No par No par 50 8 Cement Portland Lehigh May 27 30% Aug 23 32% Jan Range for Corp (The) Lehn & Fink Prod Corp 51% Jan Jan 227/a Mar Jan Range Since January 1 Lowest , Highest Lehigh Coal & Navigation Co 7,600 27% 18'A 35 !A 50 Rubber St Tire 3,200 49% 93% 2,600 Bryant Preferred 4%% Lee 83/4 31% 9 3 Co 50% 57 10% !•;; ■ . (The) 8% 29% 32% 13,000 • 24 Lane ■ Light Gas Lambert Co 48 3/4 51 •90 37 Laclede 50 8 7/a 30 55 Sep ' ^Par Id STOCK EXCHANGE 18 22% Jan 60% Apr 30 EXCHANGE Shares 1 4 34% Jan 29 14% Sep ' f per share 10 157/s May 26% Feb 4 44 STOCK YORK NEW Sale* for Sept. 6 Thursday Sept. 5 Sep 25% Sep 1 No par Keystone Steel & Wire Co—No par Kimberley-Clark Corp new-No par Kinney (G R) Co 1 $5 prior preferred No par Koppers Co Inc 10 Kresge (S 8) Co 10 Kress (S H) & Co No par Kroger Co (The) -No par STOCKS Wednesday Sept. 4 Sept. 3 Sept. 2 ,17 jun fc>7 Feb 27 i; B Class 4 15 Apr 35 Kennecott Copper LOW AND HIGH SALE PRICES Saturday 23% Sep 54 5 1 Kelsey Hayes Wh'l conv cl A > 117% May 21 -10 Dept Stores— & Co (Julius) Kayser 600 17 47 >■ Kaufman 2,200 173/4 ' v City Southern non-cum preferred 4% 22 10 No par No par 100 L pf ser B Kansas 54 45% •,44 Kan City P & 50 253/4 125 39 143/4 ;V* •• 24 18 25% 18% 49 125 23 17 27 44 23 39 > 19% 26% 23% j. Dec 64% 27% NOV 35 % Dec 68 Nov 13% Dec 33% Deo 33 Dec 78 Jan 100 101% Oct 198 Dec 60 Deo 84% Dec 78 Jan 181 Jan 32 Mar 47% Jan 417/a Jan 19% Jan 29% Jan 19% Jan 25% Aug 60 Oct Dec 36% Dec 40 NOV 42% Deo 37 % Deo 667/8 Oct 50 Jan 15% Jan 32'/a Dec 18 7/a Jan X32% NOV Jan 190 Dec Jan 31 Nov Mar 68 Dec 166 23% 52 13% Aug • 36 Feb 27 5 47 Sep 4 42 7/a Sep 4 108% Aug 26 1547% Jan 42% May 31 Jun 13 160 76 3/4 Jan 30 65 May 28 111% Apr 12 28% Jan 39 Deo Jan 155 May Jan 72 147 47% 31% Jan 106% Jan 52 110% Dec Deo Nov Volume 164 Number 4523 THE COMMERCIAL & FINANCIAL CHRONICLE .1339 . NEW YORK STOCK RECORD Saturday * Aug. 31 9 per»har$ Monday Sept. a LOW AND HIGH SALE PRICES Tuesday Wednesday Sept, 3 Sept. 4 t per than thani 9 per 15 stock LABOR exchange DAY closed • I per than 15% 20% 19% *450 17 11 12% •15 19 *14 32 33 *29 ; 4% 11% 17% 13 4>/f. 9 8% 4yd 8 8% 13% 38% 37% 13% 31 32% 17 20 20% 53 56 55 34 51 *109 110 51 *50% 45 29 31% *111% 37 28 32 % 50% 52 30 28% < 30% 29 30% 49% 50 50% 50y2 451/4 44% 46 *102 105% 2Qv. 48% 27 7 20% : 25 28% 20% 2,200 6,000 21% •63 20% 2,000 i 10,900 105% 120 4Aq jv/ 49 49'/4 49% 23% 24: 25 253/4 25 % 49% 25% 22% 223/4 23% 23 23% 72 M 70 72 70 % 72 80 223/4 23% 23% 243/4 22% 24 10,300 ; 26 ? </; 37% 66% 109% 48 11% 35% 61 *111 11% 34% :: 41% 59 45% 112% 103/4 38% 41% 60 109 47 45% 13% 40%' 59 ; 110% •111 ; in 40% *108 60% 55% *108 49% Xlll 38 36% 41 60 109 >" 38% 43% 36 156 160 ♦50 55 11% 15% 12 56% ::r'50:;-':- 116% 14 y4 > 31 34 109 9 9% 56 16% 19 35% 48% 36% •110 *49 U 70 •111 2,300 400 8,100 30% 53 53 16% 17% 9 3/4 / < •>■;/ 71% 2,800 11,800 3,900 10% 10% 29% 52 .■ 33 28% 11 loo 31 y4 52 17 72% 20,200 24,600 ; . 300 9,100 1,200 33 51% 118 : • 17% * 33 49% 117 / 71% 25 ; •> 10,400 118 27 24% k25% : 71 y8 72% 54 54 45% 56 56 47% 45% 24 27% 25% 49 41 « 42 17 •- 17% 45% 20 20% 26 46% 57 *45 •-■ 19-% -20% 26'% ¥■ 17 19% 105% 105% 18% 17% *16 - 40 •109% 39 109% 17% 105- 16% / •• 109% ::•; 38% / 15% 12% 13 •46% 48 47 47 '•'••■-■, •54% 18 61 133/8 *45% 16% Monday Sept. 2 I per than I per than Tuesday Sept. 3 ; $ per thare Wednesday X „ 38 109% 13% 48 X 140 14,400 47% / *56X60 Sept. 4 Sept. 5 / - 9 per than 9 the Week ■' ■ 10 Jun 17% 3 35% Jun 10 26 105 % Jun 10 32% July 52%'Apr 109% Nov 27 Deo 25 Deo Deo 29% Nov 30% 12% Mar : 77 ' .14% Mar Jan 87% Nov 33% Mar 45% May 54% 9 2 May 15 110% July 19 61% Jun 3 113% Apr 18 18% Feb 16 • 45% May 15 37 Jan 56 7% Deo 111 . 106% May Jun 14% NOV Jan 9 35 Jan 1 137 Jan Feb 9 53 Mar 63% Deo Mar 75 Oct 26% Mar 18 13 Aug 26% Deo 42% Mar 68% Oct 93 68% Apr 119% July 5 56 % Aug 160 9 Sep 4 115 Sep 4 40y4Apr 30 11% Sep 3 109 Sep 4 129 Mar 25 7% Mar 109% Jan 124 44 May 31 22% Jan 37 1 19% May 28. 8*% Sep Sep 4 17% Jan 24 3 52 Feb 27 70 27 x45 117 135% Jun Sep 68 ya Sep Jan 53 Jun 21 Sep Sep 25% Sep 6 3 5 41 4 45 19 Sep 108% Jun Jan 16% Jun Jan Jan 49% 36 29 53% Dec 15 41 16 May 31 109% Feb 6 21% 49 May 114% Jan 27 Jan 47% Deo Jan 9% Deo Deo 33% Deo 32% Oct 23% Mar Jan 18% Deo 109% NOV 97% Mar 8 2 13 55% Feb 15 48% Nov 70 Aug 27 11 63 »'•' Jun ■ 66% NOV Prevloui Year 1945 Highest Lowest .Highest 9 per share Deo 52 Jan Range for ■ Range Sine* January 1 Lowest 21% Deo Jan 20 Jan 115 109% Jun Jan 59 Far 61 64 Mar 31% Deo Deo 27% Aug 24 22 % Deo Jan 11% Sep 3 46% Aug 28 EXCHANGE 76 24% 47% Jan 21 Jan 66% May. 29 22% Jun 13 27 Deo 36 25% Jan 62 34% Jan Jun 62% Deo 17 3 36 Deo 5% 56 ; 13% Deo Deo 16% 30% Apr l6y4 Feb 26 104% Jun 23 104% May 29 79% Aug 23 22 v Jan Apr 8 23% July 15 45 Apr 22 57% Aug 21 15 Sep 32% Jan 48% Sep - -NO par Deo 36 25% Aug July 62 V2 Jan 173 16% Sep 5 36% Mar 21 Share« than 13% 29 y8 Mar 13 ..No par .5 — 1 1 No par STOCKS per 4 50 . 10 YORK STOCK Friday Sept. 6 Sep Jan Jan Sep 11% Sep — ' : Deo 70% Deo 41% Deo Apr 70% Sep Myers (F I) A Bro. 4,100 14 *45 : 1,300 38% 109 14% /; Thursday t per share , 16%. 16% 39 90 Nov 36 24 53 No par — 8,100 43 4 30% Apr 22 36 Sep 152% Sep — 100 18 ya 105 105 Feb 32% Deo 107% Aug 26 56% Aug 8 59% Jun 28 28% July 23 36% Sep 4 55% Sep 4 . 2,500 17 Yb . LOW AND HIGH SALE PRICES Saturday Aug. 31 70 19% Jan 104 36 Feb 25 21 y4 Sep .50 Morrell (John) & Co—No par - 8,200 , Sep 3 Aug 16 48 y4 Sep 65% Deo 3 56% Jun 25 Sep 114 Jan Jan .10 357/b Apr 19 43 Jan 108 7/b Mar 21 Feb 16% Deo 55 Oct Aug 62 • 2,600 46% 2 104 A~No par Motor Products Corp— Motor Wheel Corp 1 Mueller Brass Co Mullins Mfg Co class B $7 preferred——— Munsingwear Inc _—.< Murphy Co (G C) com— 4%% preferred— Murray Corp of America. 4% preferred 21 26 45 105 60 400 20% ' 109% 109% : 11% 41% Jan series Receipts 200 • 25% - 45 ' 45 69 45 Sep 6 108% May 10 10% Sep 4 31% Feb 26 Moore-McCormack Lines Inc $2.50 cum pfd — 6,500 57 45 : 48% Apr 22 4 24 Deo 109% Nov Sep Jan 30% Jan 19% Jan , 3 Aug 19 23% Jan 3 53% 9 46% May 29 104 Montgomery Ward & Co 44,900 700 72%; 25% *54 25 3/4 42 v 16% 38% 110 25% : 107 *104% • *533/4 19 71% 24% 71% 26 preferred Apr 4 Minn St P & S3 M A vtc—No par $3.25 200 122 May 27% Jan Sep Sep 49% Sep Minn-Honeywell Regulator ^.—3 3.20% conv pfd series A 100 Minn Min & Mfg— No par Minn Moline Power ImpL.. 1 $6.50 preferred ——No par Mission Corp 10 Mo-Kan-Texas RR— No par ' 7% preferred series A—100 Mohawk Carpet Mills—..—...20 Mojud Hosiery Co Inc new—__1.25 Monarch Mach Tool——No par Monsanto Chemical Co new; ...5 60 109 323/e. 71% 70% ' 44% 13ya *101 52 49% 117 70% 115 ' 323/4 50% 68% 75% < / 5,100 ' ' 70% 26 100 - 55 12% 29 115 / 110 Apr 23 May 27 43 . 40% • 6 28 Miami Copper 0 Mid-Continent Petroleum..———10 Midland Steel Products—.No par 8% cum 1st preferred——100 Minneapolis & St Louis Ry—No par 53 43% 13 32% 16% 76% 46% 32 343/4 48% 2 14 Mar 33 Metropolitan Edison 3.90% pfd—100 ' • .14% *113 111% '//33/;< 120 c 42 y4 12% ♦106 15 52 115 ?-r/ 52 27 y8 56 53% 31% 10V4 29% 8% 33% 55*V ♦113% 109 30% 27 13% Jan 109%. Jan .—.8 170 41 53 71 No par pfd— cum Mesta Machine Co— 1,800 / 153 14% 5 Sep • 12% 11% 116 152% 118 106% Jun 12 6,900 35%■-''" 13,300 40 %■ ; $3.50 200 ' 12% 34% ; 4,300 112 54 -52 44 41% 48% 11% •108 13% 115. 115 116% 43 41 *51% 51% • 12 >/4 156 13 ;;/' 12% - 155 54 55 </54';< 39 - 46 111% 35% * 55 Jun,18 104% 5 Deo 33% 34% July 8% May 31 Feb 26 195 Nov 48 Jan 176% May 10 112% May 13 Jun 46% Deo 24% Jun 63% Deo Mar 27% Jan 22% Aug . 70 48 Mercantile Stores Co Ltd——No par Merch & Mln Trans Co_ No par Merck & Co Inc 1 1,900 1 - 109 45 1123/4 35 39 160% *108 453/4 ; 113/4 35% 160% 1,400 2,100 / 12,400 48% May 28 38% May 29 203% May 20 17 Jan 40 8 111 1 — 5 Apr 18 4 4 Jan Jan, 9*% Mar 2 75 Jan 21% 45% Feb 30% Jun \ Sep 4 108% May 29 10% Sep 4 McQuay-Norris Mfg. Co. 16 Mead Corp —No par 4 Yi% preferred —...—100 4% 2nd preferred 50 Melville Shoe Corp new.. 1 Mengei Co (The)— 1 5% conv 1st preferred 50 21% 105% 23 Sep 27% Sep No par — ./ 28 21% 80 22 preferred McLellan Stores Co— . 26 - $4 200 3,800 25 26 y2 i 106 3,700 46 24% 215% 1053/4 V 105% *101% < 243/4 / 210 1,400 20% Jan 625 3% Jan 7% Mar 15% Apr 18% Jan 109 Sep 577/«Apr 24 '112% Mar 25 30 McCall Corp.. • McCrory Stores Corp—..——.1 3%% conv, preferred—100 McGraW Elec Co —.——1 McGraw-Hill Pub Co ..—No par Mclntyre Porcupine Mines—S McKesson & Bobbins Inc .18 3,100 > 35 % lii3/4 26% 53% 25 ■t 48% 14 24 4 Sep 17 Sep 52% Feb 26 . 4,700 11% Feb 8 25% Deo Oct 15% NOV 32% Deo 39% Deo 7% Deo 11% Deo 18% Jan 42% Deo 111 Oct Mar Jun 7% May 28 12% Sep $3 preferred ..No par $6 1st cum preferred—No par 10 Jan 38% Sep Maytag Co———.—No par 500 29% 105%:// t: 4,800 17 26% Jan 14 46% May 31 , loay* Aug 31 Sep No par 12% 35 26 18% Sep Sep 4% Sep 8 Hlghset 9 per than 425 Aug 15 16% Apr 8 32 5 preferred. 50% 115 111% 3 526 50 113/4 V Sep 195 50% 50 34% 45% 43% 105% 105% 11 100 May Department Stores 7,900 30% May 28 4 10 No par preferred— $3.75 111% 105% ? 563/4 110 50% 19 v; 7% 9 per than 17% July 11 4 Jun 1 — Mathieson Alkali Wks 130 lll3/4 26% 49 ;' 4,800 28% 24% Master Eleo Co 900 29 y4 •; 33% 19 23% 105% 106 7 33% *112 50 28% 26% 15,000 202 543/4 29 28% 25% < 27 4,300 *109 112 33 49% 44% 47 •105% 110 ? 4,700 56 *32 46 33 ..?■ 20 X28% 11% 111% 111%:: 113% 34. 80 48 • 115 43% 28% 48% 1,910 16,100 353/4 X202 *109 50% 50% *112 115 32% 29y4 52% N 14 41% 111 553/4 •202 12 10% 12% *112 31 52 200 34% 19 y» 56% 28 28% 206 50 110 11 ■ 27% •202 55% *109 30% 30 30% 21,200 13 33% 22 206 8"% *110% 61 32 3,400 40% 110 18 28 4% 8% 40% 110 56 *202 1,200 4% 13 < 41 38% 110 111 34% 13 12% % 44% 111 6,300 33% 12 13% Sep 17 Sep 520 Mahoning Coal RR Co.——,—80 Manatl Sugar Co__ — 1 Mandel Bros No par. Manhattan Shirt — 8 Maiacalbo Oil Exploration — 1 Marine Midland Corp —— S Market St Ry 6% prior pfd 100 Marshall Field & Co No par 4%% preferred— 100 Martin (Glenn L) Co 1 Martin-Parry Corp. No par Masonlte Corp No par ~~r Tear 194S Lowest J per than 9p erthare Madison Square Garden new-No par Magma Copper 10 5,100 ' 18% 8% . 4,200 525 11% 18% 32% 4% Range for Preview# Range Sine* January 1 Lowest Highest NEW YORK STOCK EXCHANGE ^ Hr, 32 18% .32 4% /: 18 y4 *440 - Shares 16% 18 3/4 14% 18% •440 11% Sales for the Week 9 per than 14% 17% 525 11 Friday Sept. 6 9 per than 13% 13% •450 525 STOCKS . Thursday Sept. 5 g per than t per thare 9 per than N stock LABOR exchange DAY 15% 18% ■; 15% 30 33% •30 1 closed 31 20% 13 16% 31% 29% 22% 12% 14% 17% 17% • 32 17% *31 y4 13% 30% 33 21% • 223/4 '<:■ 13 33 21% 22% 14,300 13% 14% 16% 19 16% 17 24% 25 23% 23% 30 29 31% 205 27%' 12% 15% 35% 37% 19% 17% • 25 19 23% 30% 200 26 26 13% 13% 14% 37 37% 38% 17 17% 18 29% 28% 30 18% X30% 200 26 19% 16 31% 30% 18% 202 35% 16% 29 24% 30% *200 27 .< 18 27% *24% 12% 18% 19% 17% 18 30 36% 32% 34% 199 . 4,900 24 700 31 National Can Corp— 37% 38% 17% ' 11,200 18 ya 11,500 9,600 Nat Cash Register— —No par Nat City Lines Inc——————1 National Container—— 1 National Cylinder G»s Co ——1 Nat Dairy Products—.——No par National Dept Stores new —5 Nat Distillers Products new—No par Nat Enam & StamDing No par 28% 30% 18% - 19% , 7,800 7,100 35% 36 y4 19,800 25 34% 23 36% 22% 24% 23% 24% 6,000 25% 24% 25% 24% *41 44 38% 42 42% 43 43 21% 22% 23% < ' 22% 23% 29 *37% 20% 33% 105 105 *200 204 29% 30% *198 204 •163 166 *162 8% 10 166 ' 9 8% 30% 105 105 32% 25% 800 150 17,800 203% *200 203 165% *163 166 9 9% 30,100 32 *162 •« 83,300 105 30% *200 t 9% — — 9%: 27 29% 25 26 26% <28 26 28 7,500 2,600 49 50% 48% 49% 50 50 50 2,100 1% 1% 1% 2 176,300 1% . 1% 51 1% 1% 84 89 82 84 83 83% 82% 84% 29% 31 28% 29% 29 29 28% 29 16 19 15% 16% 16% 17 16 16% 22% 24 24 21 104% 104% 102 21 : 22 22 103 *100 103 22% 4,700 1,700 17,000 700 102 *100 60 27 29 25 26 26 V\ 28% 28% 30 3,700 16% 16% 17% 17% 13%' 17% 18% 5,200 10% 18% 11% 10% 10% 10% 10% 10% 10% 5,400 22 24 20% 21% 62 •108% 30 108 65 56 109% 108% 31% 39 33 38% 107 22% 60 *108% 30% 29 % 30% 30% *107% 108% *107% *108 112 2,900 60 900 109% 31 10 ' 108% : National Gypsum Co—_—....—.1 $4.50 conv preferred -No par National Lead Co——— 10 7% preferred A————100 6% preferred B— ———100 National Linen Service Corp new—1 Nat Mall & St'l Cast Co No par National Oil Products Co.——4 National Power & Lt ex-distribution National Steel Corp— .———223 National Sugar Ref Co^-..^Nopar National Supply (The) Pa—.—.10 $2 conv preferred 4%% preferred — 40 —100 10 National Tea Co——„— Nat Vulcanized Fibre Co —1 Natomas Oo—_——.———No pat Nehl Corp —No par — —...1 Neisner Bros Inc 4% % conv serial preferred—100 3,100 1Q Newberry Co (J J) common.Nqpar 3%% preferred—.— : 100 41% May 31 34% Jan 2 29 % Sep Sep 20 - 4 Sep 4 4 Sep 4 20% May 28 28% Jan 29 23% Sep Sep 29 4 34% Apr Feb 20 205% Apr Feb 20 16 Sep 3 32% Apr 21% Feb 3 45% Jan 29 12% 16% i 193 27 12% 35 % 16 24 17% 30 22 V* 23 37% May 4 32% Aug 9 67% Jan 29 37 13 108% Jan 102% Aug 16 Sep, 3 29 195%:Jan 12 Aug 15 164 Sep 46% 46% 23 *47% 17% 18% 18% 24 50 19% , 23% *47% 19 24%' 5,100 -48% 700 19% 88,800 38 42 35 37 37 38 38% 38% 1,700 110 110 100 104 104 106 104% 105% 1,500 New York Air Brake — No par New York Central———No par N Y Chic & St. Louis Co 6% preferred series A 100 100 24 Nov 54 % Nov Jan 26% Deo 108 Xl01% Aug Jun 24 Jan 37% 207 17 July 29. 177 199% Deo Deo 173 APr 10 152 Sep Sep 167 Nov 40% Apr 10% Aug 21 3 25 Sep 4 41% Feb 4 21 Jan 35 Deo 48% Sep 4 72% May 17 33 Jan 59 Deo Apr 85% NOV 2 1% Aug 27 80% Feb 26 4 28% Sep 15% Sep 4 Sep 16% 6 Apr 1 25 65 38 25 Jan 18 15 32. 24 101% Sep 25 Sep 101% July i 4 Jan 21 Jan 106% Mar 36 Jan 102 % Nov 4 42% May 10 10% Deo 29% Deo 107 y4 Jan 24% May 27 Deo 33% Mar 26% July 2 Deo 24% 22% Aug 29 Mar 15 1 14% NOV 4 15 2 10% Jan 20% Sep 4 32% Jan 30 15% Mar Jan 4 Jan 8 103 Feb 5 79 May 22 109% Aug 29 43 % May 24 30 Feb 35 Deo 37 Deo Mar 14 110% May 27 108 Oct 109 NOV 105% Jan 110 Nov 10% Sep 53 % 106 29% 107 Sep *101 50% 38 Jan 4 103 20% Jan 33% Jun 29 102 240 13 Sep Feb 5 4 3 4 4 4 17% Sep Sep 35 Sep 100 30 50 • Apr 20 45 26 Sep 22% Sep 46 % Sep Feb 111% Jan 110 % May 28 Sep 4 35 . 13% Sep Newport Industries 4%% preferred 104 5 20% Newmont Mining Corp 102 Deo Deo Deo Sep 5,000 23 20y« Sep 3,000 107 30 32% Deo 19% Deo 35% 22% 195 24% Jan 36 106% 181% Oct 20% Jan May 31 4 34 25 23% Mar 3 23 Aug 13 45% Apr 22 34 % Jun 14 Jan 37 Sep 35% 4% pfd.100 ———10 ——1 .—100 Newport News Ship & Dry Dock—1 1 *Deo 24% Aug 13 4 26 35 New Jersey Pr & Lt Co Deo x34% 17 4iy« Nov Sep 37% 112 19 y8 32% 42 8% Nov 9% Mar 13% Jan 12% Mar Sep Feb 34% •108 41% Deo 16 % Mar Jan 81% Apr 36% 112 56 Nov "37% Deo 52% Jan 36 *108 Jan 25% Jan 15 3 34% . 10 35% Dec Jan 3 Sep 33% 18 For footnotes see page 1343. ? J»n 35% 20% Sep 35 ■ 107 22% . 108% 46% . 23 22 57% 59% *108% 1097/a 22 30 112 38 6oy8 108% •106 108 *109 . 100 No par 14% 23 105 — 14 26% 24% 105% preferred—-^ Nat Bond & Share Corp 300 27 20% 7 % 200 / 26% 23% 105 National Biscuit Co common.——10 16,100 199 *24% ». 5,000 23 • National Acme Co. ——...1 National Airlines —i. .1 Nat Automotive Fibres Inc— 1 National Aviation Corp— —5 National Battery Co 4 14,200 ■15% 16 15% 30 . Nashville Chatt & St. Louis—.100 120 31% <■: • 14 y4 ' •200 8 Nash-Kelvinator Corp 51,200 32 ' 31 20 34% *22% X16% 31 Jun 32 Aug 28% Deo 61% Deo 108% Mar 47% Deo 27 18% Jan 38% Deo 109% Jun, 19 34% Apr 5. X16% Aug 27% Deo 69 % Jan 35% Jan 18 45 58% Oct 16 21% Jan 35% Dec 32 Jan 75 y4 Jun 61% May 29 Jun 10 135 Mar 103% Jan 148 Jun THE COMMERCIAL A FINANCIAL CHRONICLE 1340 Monday, September 9, 194$ NEW YORK STOCK RECORD • ■w. • Aug. 31 t per # per thare f per share 221/b »28% >/.t - .STOCK i, EXCHANGE / Sept. 8 ■ DAY ' share '23 .31 I per share >' 21% ".v- />>A 68 ..•""•>/ CLOSED 67 300 >;> 22% ♦28 68 290 .'■ • < ; 1 23 24 Friday 285 320 107%' 107% .22% :;lv : 70 107% 15%'.', '*285 >'• 320 40% i/. 250% 257 38% •-i6-—.~ie%- 247 ' 128 >" 30% V' 27 1 .11% A >>>" 13 115 115 20% • 24% 35 : , 49% . *126- A ' 128 At -■ 28% 12% 116% ..A 12% -.12% *115 -115 115 21% 21% .36 48 *49 ; 223/4. 21% • 11 14% II " 19%" 20 19 > :i9% ■12 37% 36 48 49% " 49% 11% 12 % 18% 20 ' • ; 37 12% 19% » k 13 :i 20 ,• ..'• ■ & - ',■{ par t ... .■., Ry^ non-cum North American Cn 275- Northern Pacific Ry Airlines Northwestern 4 .! ■; :* 8 - a Sep 29 Not I 65 NOV 19 162 Mar 410 Oct 110 Deo A Feb J*an' 19 53 3 393% Apr 16% Feb Jan 20 19% 173% Jan 36 Jan' 11 56% Jan 11 55'% Jan 3 Sep 19% M4y 15 .18 Feb 26 31% Jan Jan Apr ' Oct 258% Nov 126% Nov Jan 9% 105% 11 1 Aug 16 20'% Sep _No par —2.80 50% Jan 118 May 22 117 33'% Sep 50 219 ; 2*% Mar, 87% Jan 288% Apr - 5 129 Aug 15 45 No par 102% Sep 14% Aug 18 11 Yb Sep —100 Jan Mar 113'% Mar ,18 4 27 111" , 17 41 A 283% Feb 6 1 39% Nov 28% Jan 3 May 325 11 60 16 , t per Share 76 Ai' 38% Sep in Norwich Pharmacol Oo_ ' Sep Telegraph—, 2,900 -■ Jan 1 Norwalk .Tire & Rubber^ ' 37'% Feb 9 per Share 413% May 28 28 121c ; — Jun 236. , Northwest > 106% Apij 30 15 Sep 4 100 North American Aviation^ Northern Central Ry Co—l 30 4 24% Feb 27 57 Jan 7 /•:. Year 1945 ,'• Lowest Highest I per thare - 100 a pfdi— 3,200 A 21% Sep par Nfo Industries—^ Western Adjust 4% ' 41,600 7,300 '>.,400 22% 36 1. Nbblitt-Sparks 2O.30O . ; - Norfolk A980 • 1 par No Bower & Light'3.90%- pfd—100 Y SLlpbldg ;Corp part stfc __1 'A < 29,200 / - ' 47% ; N (:'a< 60 "A A' 29% -••11% 115 " * *126 '""'128 29 > <• Dock N Y 800 • City Omnibus Corp._j.No 9 per share N Y & Harlem RR CO——80 . . 39% 40% ' / 236 240 28% 33% •• •* V '. • - 107% ; ; >A 220 16 163/4 . A" 2,700 M.A I .is,' V.' 4''.,^ f A1..':'A.,: ;n% : 20% 391% 49 28 11% > 115 . • 126% 27i/« * 39% -39% 240 -• 248 - Ptif •* $5 Aon-Cum preferred— '4\r20 - ' 251 • 126, .♦126 y4 / : 39% N Y New York 100 ' 300 ;• .*106 ' [.y,V 't ;40- : < V Range for Previous Range Slnoa January 1 Lowest Highest r, exchange 2,600 I . 30 67 ' NEW YORK STOCK Share*. 23 30 *62 -A"5 v the Week $ per share 32% 290 Sale* far •> Sept. 6 •.•,,/ > , *"28% "T 68 > ' 17 Thursday Sept. 9 ■"62 28 %„ , :>:>io7% 107% >. '• 107% 1-5 / v: ■ 15% STOCKS ; $ per share • :300 LABOR PRICES Wednesday Sept. t Tuesday Monday Sept. 2 Saturday HIGH SALE AND LOW Deo 15"% Deo 112 Deo 38% Deo 263% Mar 63'% Deo 46 Apr 57 Nov 6% Jan 15 Deo Jan 21% Deo 25 May 23 12% 112 ' Jan «19 107% Jan 16 Va Aug 3 24% Jan xll9% Jan '14 1063% Jan .(•/>/ ♦110% 110% 116% 112% * : 241/a 20 >. 21% *1093/4 A 22 22 21 22 -.'26 22 / ; 22 '23% •'105% 105%. 107% 105% „ >4 1123/4 23% 223/b 21% *21% 23 '•:■•103 " 12% ■ 13% 116 117% 117% ' 40 +166 : 172 ♦28 101 75 : * 117% 12% 383/4 30 170 *160 ' > 28 353/4 36% V 41% 43 26 : ;i3%..; .19%: *17% 77 ' 32 24 .• 24 ; > > 15% 16% 41% 108% . 6% /: ; 593/4 A 115 .*111 6 % 6% 23 7% 42 15% 14%, 108% 6% *63 115 14 17% A 15% 72 : 50% :V 34 8 v. % 20% l. +36 •; ,> .9 a v A 116% 213/4 > • *60 *111 , 4 Yz • 30 A 3D 16 313/4 70 A •> *55 . 59 102% 23 t, 106 ; .; is • 8 3% 32 8% 20% ■" ' 36 'A 116%':. 3i : ' 31% 43% 44% v A. 102 v. 20 ••; 18% *112 29% C A 23 %>- A 9n 105% 9 per share AND STOCK LABOR DAY - #: > CLOSED A : 64 313/4 *119% V" 14 :14% 14% 15% 25% 27% 43,, 113 • 34 y4 21% 23%4 14'% 38 Penick . 25 14'% v 64'% , 35 68% 1] *110 >' Penn 130 900 80 26% 83% 17% 20'% v - 10 27 A.V-11,100 1,300 40 3% 393% :/ A. 22 :/v 22 32'% •>. *22% 32% 109% 107% 135 *121 9% ~30 29 ~30 61'% 11.100 25 • 300 32% 108% 135 <,] 1,000 :>;> -170 9% Yz 98% : ' *98% 98 34 2,100 A. 7,300 20% 1'000 8 83% ' 80'% ; 16'% *188 *185 213 <38% 8 3% 13'% *206'% 213 X37% 121 75 75 75 *79 - 8,500 83 so y4 17% 18% 50 A 1,140 A 80 18% 1,100 18 3% 19 18 3% 193% 4,400 15 16 15% 700 23% j *188 23% 23% 23% 49 49 49 48 17 " 49% 16% 17% 16% 17 62% 58% 59% 54 43 47 101 .101 36% ' 33 % 35% 4. 59 6 453% Jan /: 16% Feb Sep 4 4 25 $1 STOCKS 84 100 8 'v: •' i. ■«*. ' > Yi —No par Dec 24% Deo 33 Va Aug 46% NOV 37% Mar 49 Nov 30 3% 46 Deo Read 14% 19 Va 50 No par. No par com J00 - 1 Iron— , 3 5/ 4% preferred —100 3.60ft series preferred —100 Phillips Jones Corp No par A 7ft preferred ——100 Phillips Petroleum No par Phcenix Hosiery ——: 8 • 23 Pillsbury Mills Inc $4 preferred ; No par ; -w-100 C & St Louis RR Coke Chemical & Jan Co—No Sep 4 •-' 14 119% 116 V3 41 Ya 14% Apr 13 105% Nov 8 Jan 13 9'% Sep thare 6 May 9 / May 23 22 J Deo Deo . 9 per share 9 Va Jan Highest 9 per thare 15% Nov 19% Aug 36% Deo 25 Jan 40 y4 Deo 57 Jan 713/a Deo 115 Oct 106% Jan 21 Va Jan 293% July 10 25 Jan 29'/a NOV May 16 117 Aug 303% May 34 122 1 122 NOV Apr 19% Feb 5 12 '/a Aug > 19% NOV / Jan 17 313/4 Mar 447/a Deo vJan 28 56% July 74 Sep Jun 10 1073/4 Sep 113 Apr 47 4 4 71 7 112 ; ; 106% Aug 27 27 27 20 27 5 .Jan 36 . 130 8' July 16 73% Jun 10 14% 111 Jan Mar 34% 124 44% Jan 69% Deo Deo Dec .Jan 11 11 Jan a 35 Deo 35% Jan 15 25 Jan 37% Nov Sep 108% 41 30'% May 16 / 106'% Jan 12 134 \ Mar 8 par Jun Mar Range for Previous i Year 1945 117% Jan- 18 . Nov 108 Lowest 76% Jan July 24 25 Sep 38% Sep 105'% Feb 102 Aug 25% Feb 1233% Jun 49 Feb 22 Sep 43-y« Jun Apr 16% Feb 5 Sep A Jan x48 7 Nov 30 Va NOV - Jan 80 . -27%JEeb 25 117% July 29 No par com Coal & May 43% Jan T..1« 91 , 110 Feb 136 May 15% Feb 4 173% *46% 60 16% 50 60% 18 *45 60% 183% 49 101 y3 *100% 104 34% 343/4 34'% 35 46 6,500 500 5,100 —No par preferred Consolidation Co.: 1 Plttston 473% Pond Creek Poor & Co Pressed 200 4% ft Procter ' 500 15,800 (The) Plough Inc new Plymouth Oil Co 17,300 12,700 f Co. Publicker >——5 8 — Pocahontas—No par No par preferred & 1 : class B Steel Car Co Inc ser Gamble Industries, 97% May 17 ■' 19:,/4 Sep 1 ; Coal Bolt—-—.—No par. Pittsburgh Steel Co— No par 7 ft preferred class B—-—-100 5ft preferred class A_— 100 5%ft 1st ser conv pr pfd 100 Pittsburgh & West Va —.—100 Pitts Young & Ash pfd 100 5,900 1 - 60% 46% 100% 47% conv Pittsburgn Forglngs Co .-1 50; A -No Inc.-— par .5 20 197 203 • 7 105 3 118% Aug 8% Mar 126 8 16 >85% Jan 106 113% Feb Sep Deo Feb 30 202 , ; 8 Deo 23 Va Nov 153/a ,Jan 25 3/a Deo 20% May 15 Mar 29 210 Deo Jan 190 205 Va July 483% Jan 15 39% Dec 44 Ya Deo 7% Sep " 11'% Sep 4 3 14 Jan 30 6% Jan 12 3/a Dec 22% Feb 16 8% Jan 153/a 121 65'% : 79 15 6 3 141 36 Sep 3 27 99 Mar 117% Oct 96% JUn 14 49% Mar 69'/a Jun 91 Jun 43% Jun 3 17% Sep 4 31% Jun ;15 Sep x21% Mar 5 4 July 1 29% Aug 12 , 92 :' , 343% Jan 4 — 22 , Sep 4 50% Sep 3, 58% Sep 4 43 May 28 18 Sep 4 100% Sep 5 33% Feb 19 55 30 Aug 67 Jan , Jun 198 Jun 12% Jan 22 Deo Feb 17% Jan 27 3/a Deo 2 24 Va Jan 33% Deo 7 12 Va Jan 25% Dec 16 16% Jan 26% Deo Mar 66% Nov 63% Feb 18 71% Apr 27 May 14 105'% May22 41 21 . 27'%Feb; ' 14 Feb 68 198 — '31% Mar 12 .15'% Sep 3 .16 Dec Feb Sep Jan Sep Sep preferred—-No par cum. 26% May 8 4 Sep 4 July 11 Jan 14 Public Service Co of Colorado-,—20; $4.75 106,A Feb July 1 65 . 06% Nov >' Jan 69 26 I per 4 26 . 32'%Sep 110 i Corp Philip Morris & Co Ltd Pitts Jan Apr 63 ; 65 23 113 82 Va Highest 9 per thare 13 Apr 2 35'% Jan. ; 5 1 Inc preferred : 'Lowest . Deo Jan Nov 20% Range Since January 1 ; 30% 19 Mar 12 ?> Deo 17 109 4 • 33% 43% Marl 18 3 Deo / 17% Jun 111 / V-x-.-i* : ' A' ■ > ,A Maji 49% Dec 28 109'% Jun 6 s >72 Jan 117% Aug • 303/4 JSn 37% Aug Sep A. 4 105% Sep 8% Sep - .'//:/ '/A'>Aa Par preferred & Sep 30 " ; STOCK YORK preference Jan 21% 3 100 EXCHANGE 17% Deo > 24 Va Mar 57% Feb 3 ; 28% Feb No par Pitts Screw & 121 16'/a 59% 79% Jifn Oct xl8 . 16,400 "10 13% 130 49 49 Jan * Sep 118 —No par 12,800 93% 23 V4 18'/4 8 ' •' _7U Wayne & Chic Ry 100 7ft preferred., — ——100 Pitts Plate Glass Co 10 4 38 8% 13'% >-' 19 50 10/ — Pitts Ft 50 16 $6 $5 20% 20% 15'/4 *45 6% Mar 17 24% Jan -29 — Phila Electric Co. Pitts 19% 21% 50 20% '67 x48% Sep ; 28 Sep 1 Co: Pfelffer Brewing Co Pfizer (Chas) & Co .>>300 v 20 y4 15% 223% 50 V* > .y-'jA ?. Phelps-Dodge Corp Philadelphia Co 6ft preferred: Pitts C ■ 9% • 25 17% A 22% Jun ' 24 V* 50 '/a 4 No par Airlines :a;:;::a>A':; /.> 22,100 12% *121 ■''■• 73'% 75% 16% 26 & NEW ■; 4.4ft 17% 101 630 111 30% 31 *119% 120 173/4 *16 ! 4y»ft 2nd preferredPetroleum Corp of America 40 Yb 37% 130 15% Dec 5 Philco *208 17% : is ' .">' 20 8% 15% 30 283/» Sep ! 13% Feb >15% Sep par, ..'• '.•».♦ preferred 11,400 98 • *178 Deo NOV Pet Milk Co 263% 9% ' 22% 5% 39 7% — 25% *121 •208 79 . 2,100 10,000 28,300 21% *188 72 Deo 1 - 26% *108% 10 - 1 — i Oct Dec X80% Deo 110 Jan 12 —100 115% July 15 Light Co—No par A ; 21'% July 24 •" 27% Jan 24 Pennsylvania RR 50 31' Sep 4 47% Feb 16 X40 Feb 27 Pennsylvania Salt Mfg Co—— 10 tA 49% July 16 Peoples iDrug Stores Inc 143 " Jan 3 2 68 May 22 Peoples G L & Coke (Ohic)j—_100> 893% Feb 20 115 A Apf *22 POoria & Eastern Ry Co_^ 100 51% Jan 25 20.; Sep 4 i* Pepsi-Cola Co "— 33 %o 23'% Sep 4 40% Jan_ 1; Pere Marquette Ry Co—— A.—- r-r'iavz 3SP~ 3 T363/i Jart 17 o7«rpriOT preferred— 100 1113% Jan 14 ' 132 Jun 19 5ft Deo 11 6'% No par >--i Co ;; 14 Va 107'% • —2.50 ,...<• preferred Phila 130 13'% *121 *- Cement Power 14,700 108% 37 20 X39% Nov par Enterprises—j Glass Sand Corpj Penn 14% 32'% '32% '< (J C) Penn-Central 14% A 11% & Deo 29 —No Ford & Penney 15 60 7% 14% Deo 14 Mines - •»■ 120 *27 • Davis & Go Sharee 127 36% 9% 35% iuu 700 it/":• 70 3,700 66 31%- 393% ' a:/ 61% - 58% 208 15 1343. iii .:«■ 33% • *26'% *120% 193% 213 83% 27 25% *188 101 • xl4'/4 124 98 % Consolidated Parker Rust Proof Co— *119% 25'%- 20 *190 For footnotes see page : 2,300 ; ;' 500 67,300 2,900 9 per share / 110 . . 26 Yb 58 98% 20 Parke Bales for 29% 98% *190 100 the Week 62 98% 23% Friday Sept. 0 653% 27 *100 20% > ; 14% 643% 124 9% 75 1,000 / 10% 124 10% .-• 500 v. 111 108% Deo 6% 1 — - Penn-Dixie 25,200 35,500 106% 32% 130 *125 9% *105% 10 8 - 106 Vz *108 *20 110 11 Y\ 106% A 106% . 23 100 •' Inc_ 2.000 A 113 56 25 36 / 303/4 *105% 124 *203- A 84 *103 *26 - 22. 106% 32 61% preferred Tilford 5.900 ; a * 113 128 conv Corp, Penn Coal & Coke Corp A.. - 20% *105 *27 Jun Aug par Paramount Pictures'Inc new- 5ft 27 y8 *111 • *124 *120 5.880 ; 52.: 30 ? 35 "31 A38% :-39% . ; 14 110 : 120 25 106% *108% 10 65'% A-67 263/4 25 1,400 11,100 .V 43 Va —1 Parmelee Transportation——No A. A - i, 112A.4 33% 112% 55 8% 84 63 V* *119% 120 Deo 5% A 10 No Patinor Mines / ; 99% ' *21 I per share 313/4 149% 171. • Prod. & Ret inc__ Cos ;'^y<A>':'A: A. 26 106% /. *99 Sept. 5 *110 403/4 *111 1,000 4- 34% • 20% Thursday 28 ya 27% *313% 140% 1 7,900 22% A'A 26% 108% A,A 9% *14 60 66 *60% Oct 32 : .—100 / 4,700 ' 31% 32% : 333A . 68 Nov Ya Sep A, 56'% No par ; Deo < A 40 ; —100^ j.. 351/4 116% 43% • 22 *106% 10 13% i , 21% "V *51% 120 31% 193 A 33 ■ . 20 Sept. 4 113 *110 - 271% *112 •■/: 9 perthare 14% 60 68% '33 t'A37%A 67% A5,000* A ' • Wednesday ■ 9 per share 14% Paraffine HIGH SALE PRICES Sept. 3 f per share Panhandle Utah i ■■ > 35% 85 "**7 : 85 9%' % nov Panhandle East Pipe Line—No par ,4ft preferred 100 Park 32 " 8% x21% :A'. 33% 44 A* 25% 31% .106 y4 Nov non-cum—No par . «**• 30 + Tuesday Sept. 2 EXCHANGE —? t»i>- 10% LOW Monday ,- 107 10 Satarday Aug. 81 Yi 33 Deo Pan American Airways Corp—2% Pan-Amer Petrol & Transp— 8,* & 493/4,- *113 33% A-:: 55 A,' -' ;A, "99% ' .20 :ja 20 A 120 Deo par Packard Motor Car—^——No par Park - 15%/- >• 72- 20 99 20% *112 32 43% ; 26 3/a 19% 128% ; 88 A 23% . 31 5" 116% 23% 22 % *51 •; 20 As 99 23 A, ; 55 >/. 55 Deo Nov Co__ Telep & Teleg— preferred 2,300 : >16% 30% A 36 *113 22 Va ; Deo 34% «»•" Lighting Corp——No par A 12,900 40% X48% ■•'■'■'"v 8% 22 A' 21" 36::A/ 35% Deo NOV 18 Ya —12.50 Pacific Tin Consol'd Corp Pacific Western Oil Corp 4ft 64,360 i3/ar A: At* 68 72% 49% -SOI/4'' A 30 * 26 6ft ^ A 61 16 200 - 32%" 15% 900 ' 120 22,700 V A; ' : 34%..; />' 31 1A • f f 5.700 7% A;/ 31% >A 60% AA 4% -•A,' 393/4 16% *16% 72% 49 3/4 . •'30 ■%: 21% 45 > A 115 40 - .• 68 " 43% 16 57,200 43% v:45AA* 108% 108% AAA/7AA 63% ,15% i • v: *113 23% Pacific w• * ,8 •> , 24 39 I'.ns,./ •• 7% A -16% )t 28% 36% A ♦114 //: 49 . V. 99,600 • 16% • 6U 4' ; 14%- - 70" 73% A A 493/4 28 ,. ; : ' - 28% A 29% 31 16% ;; ••• 15% 108% 62A: A :; 4% vA •;>;. -3% A/4% 4T.%. 43% , ,•••;'. 37% 40%13% 23% 8 ■ *111 A 115 ; A 3f%- 33"": *31% 163/s 14% 45 .r 6% ,61% 29% 16% -"41%- v *68 - 23 ■' 34% 119 Jan xll8% preferred non-cum_—No par Pacific Gas & Electric a_23 90 9,600 -.•600 , % ' 1083/4 60 A* v. , 7% ■ 11 2.50 No Co Pacific Mills 6% "7 Coast 1st preferred Pacific A " > Jun 4 Ynd ' 350 /A 176% A ' 8,800 146% y/tvi", 33/4 Wi 35 145 23% X30 :A> ' /' 2.200 176% ' 67 34 " 5%,. 68 34% ' 303/4 V/'A 61 ' 34 A • 148 6y8 •• ! 70 ♦111 V. 58 '* 176% :*i08% 7%: '' . +68 ' 60' 34% Pacific : •; - 175 39 A . 33% Glass Deo Pacific Amer Fisheries Inc. 530 /•/AAA 20 :go 10,800 36 Oct 23% -100 •_ • Owens-lHinols 2.40O , 21 ;'.'-a:; 33% 35 preferred Outboard Marine <fe Mfg_ 69 *62 60 ,143/4- 43% +108 / T 13% 20% A 3 5 A 112 1 10 Outlet Co V 4,700 42% >14%: -15% ■ 123/4 A, 19V2 " A. Sep Sep 123% Sep 103 A 1 14 No '30 ?/ 78%: 80A 29% July 223/4 Jun •>: -.—100 i ; com. 500 ■ 144 6% ?■: .14%--15%,, •. - A 95 Elevator 6ft 26 41% 33% ; *23 >."8.,a> Otis 13% 26 21 100 <5 Oppenheim Collins i 175 5% . 1,100 142 A/;' *172% '6% 5% 70 7,900 A 26 19% Feb 21 % July 19 - No par A 26 108% Jun 20 convertible preferred Omnibus Corp (The) > 8ft conv preferred A 9,400 A 42% 59 140% 176% ; ■ A A; 40% 41% 4% ft 360 39 93 100 • .No par pfd Oliver Corp. 9,400 117% '•' 69 * *33 57 A 37 33% :* 149 > :35 pfd. ; 30% ;. 36% *160 A 170 / 80 " *62 : . 40% 143 176% 70 , *33% ,' 62% 57% *62 4.40 ft Oklahoma Gas & Elec 4ft * 13% 98 12%. 19% • V l; 105 A117% 26 77 -A: .'24% Co Ohio Oil Co '. ■ A. 500 13% 39 Ohio Edison i 200 >31,300 ,22 23% A 170 *95- ■ :: 98 12% 137a 69 38% 31 - 74% 201/a 69 > 117% V.., '29% 98 > 77 20 i: •38 28% *160 > 27 29 ♦100 > 38 411/4 '33 28 13% 117% 23% 105 -13% ' A 243/4 105 ' ' 13%;' 14 1 112 *109% 23% 213/4 23 THE COMMERCIAL A FINANCIAL CHRONICLE Number 4523 .Volume 164 • •.. ~. . t tkiatda*. Aug. Tuesday y, Sept. 2 • I tAare ihnf# ««f y '.EXCHANCE ■./CLOSED ;• 1 .116 105% 111 m--.-.- 1'25 Va 125' 20% • • .1 '■ 1- V; 1'lb '/4 '' STOCK' 52% 23% : • . 33% *24% 24% 11% 11% 86% 86 %( 18% ,19% 18% 19%. 109 Va *108V4 ' - 1,400 '■ com—No'par 100 ,100 prelerred— —,—dJ^, preferred t>aa & pftf $6_ 5% 319 % Jun No par .j——— preferred; conv. ; purity Bakeries Corp 108 •••: 110 150 -I# 19% Feb 2: Jan per share Jan Jan, 20 31% Sep; t 27% Not Feb 106% 139% May 10 115% Deo 126 Dec Jan* 138 Nov Jan *148% Not , Jan 17 121% •117% Feb 15 112% Oct 693e Jan 15 47% Jan 65% Oct 17 Jan 24% Deo 106 May 112% Not 28% May 28 , Mar, 19 par No IT 10 102% 126 19% Feb1 26 Nonpar il00 Highest t per share 30% Jun 10 115% Jan 112% July 25 50% Sep1 :4 No par Pure OH' (Thei , 4 104% July 19 109% Aug 19 11*4% Aug 19 _100 Lowest , f per share 20% Sep' No par , Year 1945 Highest t ver share Par Pullman Inc • Lowest * 8% Pub Ser El 10,; 33% Hang* Since January 1 preferred—,;—. 1% 570 % .35,300 200«. 112%' *109 33 >' 32% Corp "of Jf J Serv 6% •14.100' 21% 112% . :: 54% ; Range for Previous ; V ; $5 preferred ■ 570 ,VW, 113% *113% 54 % - ' 7 * 109 33 960 570 125 %' 124% 1H.'3 Pub '20,300 ) 116%, 117% 124% 32 7-22% : • 105 110% 117 123 ,/»•„/. 22%". 105 1 111 7 21% 111% " "113 •:••: I'll- '111 YORK EXCHANGE Shares share ver NEW _i ... _ the Week • 115% Jun 13 38% Feb 4 • 4 23% 118 Jan Jan 31 Not 15% Jan 22% Deo 10% Jan 19% Deo yi A:-'.i ... 7 24 23% ,V . l22 34%V;V ,i.:- 31% - ' 34 l 21Va vv;; 112 112 r 53 24 V,:!;: i 106 -110% ' 113% '"50% r'V- .57 Sept. 6 e*tare :"?.05% > 125 124 * 115 v,:';, *113 53% ■ U6 - V'*?. 115% " v.,..:, 22... ,23'/4 110% , *113 - 21 \ -M 116% M.' 112 M10% 1 :,2o% Sales Tor Frlda* ■/tje: , 107 %: 106% LABOR mDAYnx S ver ,1 pft* »h.are » 23 Va,-' 20% STOCK , ' I per I pertharf Thursday Sept; 5 Sept. 4 + RECORD STOCKS Hninesday Sept. 3 Monday - 31-; STOCK HIGH SALE PEICEB tow AND '* YGRK NEW •: ,1341 ^ '.r - )■ >24 j 10 Va i88 Va 17% ♦23% 12 'ii 87% ^■23% 11 34 • / 18% -; • 7; 2,300 V ■ 88% 88% ■■V\ 2C% V 17% V. c;'"' 12% 110 ,*109% H : >>••:.:' *109 e "' 109 ., 38% • 39 -21 % 19% 23% 21% 110.. 38% 40 40 86 Va i;87f% V7, 39 Va •; <; ;.-j . ;■/2i 1:; 20 25% Aug 13 V-;.: 21 l:' *37 68,100/ • \ • . i . 16% Sep' 4 86% Sep 5 96% Mar 19 15% Jan 3 28 Vs Apr 24 109 Sep 38% Sep 5 4 112% Feb 11 19% Sep No pa* , 4 r 1st preferred—No par conv Radlo~Keith-Orpr 120 Ralston 2,100/- > 22 v" < Ainer 19; Jan 12,200' t Purina Raybestos Co ^,1 — 3%% pfd—100 Manhattan, Rayonier • "mm „ 19% . 37% V 39 *18 V *85 " : 17 18% • •' ' " V:'i :' 87 32% No par Inc——, . —T „ 18% 18% 21. •: 99 18% •• 96 39 *101% V ' .96 95 .'•94 - . 37 Ve ; 35 101% v ;■ , 3,600 V 38'% 27 y4 13% 14% 13% 96 v; _ 26% Silk Hosiery- — 0 Oct Deo ,100 "106% Jan (Robt) & Co 1st pfd 33 May 14 16 Mar Apr 9 34% 4 -. Reliance Manufacturing Co„No par Conv'pfd 3%% series _100 .• 14 % >,V Remington-Rand '.Preferred Reo 3,000; 112% Feb 4 Sep 4 125% Jan 17 7 "45% A# 22 w 3 Sep' Deo 25 Not Jun 29% Mar Mar 60% Deo Jan 46% Deo 28% Deo 102% Oct 137 Jun 69% July 143 Deo 17 Jan 22% Jan 31% Deo 36% Deo :27% May'11- ■ Sep 5 32 % Mai' 13 101% Mat " 1 31 43% 11% Jan 9 17 -94 25 Warrants IhC—:— 36% Deo 38% Jan 43 46% Jan 111 Jan 19% 53% Jun 20 }, Apr ' *"17 " t with Motors, 6 44' 87 No par Feb 27% Jan n00 103 33% Feb 4 v: 18% Sep 100' 27 13% • 60% 18% 39- 49 Aug 28 38% Aug 26 ReiS 15,100: ./ 104 % 50 Reliable Stores Corp-— 250'7 38%; 37% *100 18% Sep 50 2nd preferred "Preferred—.—.——, v 1,500" V'/ V 50 1st preferred non-cum ' 29 x27 Jan 7% Mar 33 49% . f" " 3 Jaiv non-cum Real 90' >, 18%, *94 103%- 26 26'/a ".12% x35% *100% " 101% 25% 104% 94 Va .37 u 4% ' 1,900 ' 96, 36% Reading Company 100 •34 18% v r-'- 88 ,'33 7. v v;;; 33 V'. ,—23 , 4% loo 88 . 5,800 '4;xd- V 22 'Wr 7. $2 preferred ; 49 39 ' 89 21% " *38 ; . 108 31% 17 • 21 *99 *44 *%%4 J'-'-'-. 49 500 37%.; • 20% 40 , 20% ; V ,92 . : 31%/ , 21% *38 108 87 33 19% *44 20 18% 95 33 ' 19% 40 ;v:.v *99 . 37% 50 v*35-.x ' 21% 108 168 • *40 50 *37% . .37% '18% 22 *47 ■ ^37 -• 78% July Aug - ...37% . 23 • '•'. . 39% 39 21% $3.50 900 i 110 ,37%. Radio Corp of 114,900 , r " • ' 10% V" Oil Ret Corp. Quaker State - J01 May 18 ■ * 50% Jun 8; 3 105% Apr 3 34% July 19 25% Feb '26 69% Jan 102% Aug 10% Jan 29 Deo 18% Deo ' 13*% 9 Va ■V-V.;. V,/ 14% 11, V 9 - 9% : ' - 9% 10 : : io%v 10 Republic Aviation Corp— Republic Pictures —— 16,500 27,500 ' • ^50d 15 16%. 23% . 33%. 15% ' 16 31% 30 • 16 31 16 V4 xJ.6 x30% ; X: 31 Va *110% 52,700" 112% 32 •' 1,300: - $1 cohv preferred— —10. Republic Steel Corp_——„ 113 112 , ; ;; V" 26 22% - 112 - *112: 23% 22 Va 113 23% *106 Va; 109 Va 109% ♦lOG'/a . 24% cV; 32 28% ' , ' C;/ *106 Va ;27 ,26% 7 108 V •- 27% 10 9,100-i '" ' 110 108% t % . v. 22% • *106 V.-.v"xV V '• 48 % 48% 22' 39% 23 27% 14% 16%. 27 ,29% ' 40 r 24% s,: v: Rheem 8% 9% 20% 23% 49% 8% :?; 9' V' 51 8% 9 8% v 21.' 23 47% 48- V ; 149 • 28 25% v." 25 7 LOW AND HIGH SALE PRICKS ;>■. Aug. 31 ;>/. Vv'; &/2 Ifee share 1: Tuesday Monday V: Sept. % 1 per V•••:". . I f share Wednesday »Septr<3 per ; . 7 Sales for the Week v-. : * Jan 110 Nov "45% Jan 15 15 y8 Jan 37 Dec 16 37 Sep" 4 43 Feb 104% Jan- _1 y.lK.lg-- YORK stdclt *r LABOR 49%" : 25% DAY EXCHANGE CLOSED'» ;.■ ' 13% 74% 56 106% ; 30 .8% ■. 12% 76% 52% « . 77 107% 49,000 ' 52% *50 500 - 108% '24%- 50% : 8% 51'%-. 25% • ; .27% *:;8 . ; 37 51% y; 27% 8% , 97A 9 %• 41 15% 17 % 15%, 16 54 51 20,600 28 ; 9 V2 : : 40 "9% ■ 41 - ;l > 5% "2,300 ; ■'V7 900 28 - preferred series 14' '■ 17% 14% 15 y4 18%. 17% 175/s /17 rl4ye *111% 112% *11-1% 112% 1-6 %; 17% 18 - Sears 4,000 16%': "14,800 ■ Roebuck & Co.j 15 - 21% 23 28% 32% vV 15% 19% 30 25% '*' A 26 V 28% : »80' «'78 21'% 78 " ;■ •: ^ ♦70 33% ' 87 "j " 19% 10% , « 19V» v 19 21% 20%, . 7 31 83 26% 7:7 83 7 7, • r 5,900 , •7 8 7:20; 7; 20% 20 75 ' " 7': 20% 10% 10% 11%., 7% 38% 48%: 7%" " 39 43% X38 % 50% 47'A " 39% ' 16.:. 17% 67% 63 17% 19 .; 22% 22% 40 y I" ■.'•'7% :j7% 77 "> AVAi' 41%,.,;: >•39 50 50 8,800 ' 7:7 50 •22% 17% y-, 64% 77 23 % 23% ( 58% 7'V'; '7 41% ,-7 77 ' . 17% May Jan 100 : ■ : 66 ' Nov ' 28 Oct 115% Mar 14% Dec *42% Feb 61% Nov 29 Nov' 37 65% 28' King Coalition Mines 16 L 49% Apr * Sep" Jan 2 Sep; 3 20- Aug 2' 147/e Sep' 4 Dec Oct 71% Dec 30% Nov 8 22 % Aug 7 Mar 14% Dec 9 35% 40 Nov Oct "23% May 11 22% July 11 24% Jan 17 ; V llQ'A Aug 14 113% May 17% Mar 8 24% 107% Oct 18 7% Sep 21% 16 16% Jan 114 Oct Jun 2a7% par par par Jan' 2 32% Apr 40% Feb 28 Dec Jan 4 39% May 11 12% Mar 25% Nov Jan 2 9i y8 May 18 74 May 79% Nov 19 66 • . 23 77 " par Sep' 4 Jan 22% Nov Jan- 4 ' , *26% Apr ',-87 ',-7 6% -8 No par Feb* 26. 10'A Sep No par Sep x38 Va Sep,' ; t 38% Jan 15'A Sep' No par -IS * ' 54 & Iron—„20 " 17 % Sep' I No par ; / $1.20 preferred. Highest t p*+ share Jan 19 V* July 110% July 8% Mar . July 11,. 37% Jan 3: 14 ; 1__1 140- Oct Dec ' Aug 14 61/ 110% Jun 17'A Feb ,7 2l3, Steel ■ 28 4 . —IS Sloss-Sheffield •• 34 37 8 Mar 30 18 -19% Sep... 4, Skeliy Oil Co——— 1,900 Sep f per share 8 ;3& —No par Sinclair Oil Corp—! 1,700 21 18 No par- Simonds Saw &' Steel— 53,700 '• 18 *23% j.'i'i 64 34% May 29 116;; 77% Feb * a 5' II - Simmons Co V . 500' 17 / : •: 7 16% 65 64% 18%,.' ".••' 17% 16% V .63 •?: mm M» Sharpe & Dohihe— No $3.50 conv pref ser A*. No Shattuck (Frank G) —No Sheaffer-, (W AT Pen Co—No Silver 48 Year 1945 39% Apr Shei*aton Corp of America « Mar Lowest 4 Shell Union Oil——— 1-5,000 - 29% Nov Range for Previona 4' 70% Nov 36% Dec 6 5% Mar 12% 3 32% Jan 46% Dec 30% Feb 44% Nov 14% Aug Jan 21 y8 Deo 15 Aug 22% Dec 22% Jun 24% Jun 48% Jan 96 Deo 1 14% Feb 56% Jun *61- May 31 20% Jan 4 24 3 17 »A July v 13% 59 11 28 85% Jun 7 4 :• 27'yz Feb 16 5 "24'A Apr 17 58% Sep' 6 Aug; 28 39 "91.1 Jan 15 22% Jan Jan Deo July Aug 43% Jun 4;" 4 8 29 May 16 , ' 11%; ,11 1 , 4,500 8,500 ' - 23% 17% - 3,700 v'777 30%. . 17%- 16% 15% 65% 47"%' -• *72 3K,t 7r%' 6 50% 75 ■ 31% 10% 4 100 " — " '.,75 1 Dec Apr 33 Highest 4 ^1 WiM. a* •••»•*•• Sharon Steel Corp_^ 8,700 - : Dec 12% 6% Aug 9 25% Sep' " Shamrock Oil & Gas_aw-a. --15,600 30% 25% 83 ""*78 $4.50 preferred 18% Nov 31 19 % f per share 4 22% Sep *.„No par Servel Inc common^ 70 ' . 26%-/.y 7 25%. 83 "" -V 30% 12 6% % „ 112%- 112% | 20%; .21%^ 30% - 31%. 21 28% 24% ,. ' 15% • •111% Dec Jan Jan •>■ yy; >■; 4 Sep 26% 10% May 29 7, 50ya Sep; No'par -8 Seeger-Sunbeam Corp- — Seiberling Rubber Co—lll».il* 5,900 - 1 ■■■ : Dec 16% 'y' >■ , 52% Sep v 4^ 106% Aug' 12 " 1100 A Seagravs .Corpj;—— 69,000 15% ; , 29 1 34 % Jan - 4' 71 No par Seaboard Oil Co otDel " -as. 65 , 106 Sep 16% Mar 5 26 11% Sep ,• 10 Oct NOV " Seaboard" Air Line ctfs___ -- 6,400 * , " ... 16% 17%: 25%; 247 %.:::;;• 7, *"39% V. .38% ■/: 25% 54% : ; 27 'Zr"P-- 24% Sep "24 % Feb S 1.75 Paper Co No par $3.40 cum pfd—__1——No Pat , Apr Dec 46% 99% 3 1 1111A Sep ® 5 100' Scott : 140 * , 45 5* •'*' ?•: 11,100 ; -_10' Safeway Stores— 5% preferredia——r Savage Arms Corp„ Schenley Distillers Corp 91900 7 V; 110 * 12% 74% •; 53% 109. 107% . St Joseph Lead, 1,1007, 7 27% ' 113 12% 75 : • 51 50% Jun Dec 40 37% Mar 25 30% Jun ;7:>:t":;7v7 ' 37% ,41% ; . 27% 112% 523/f, 107 23 S4% 28% 27% 75% ' „ 107 26%-; 50% . 71 50 %\, 25% 12% • 52% •: rv 106% 22% "" 11% 83% 84% • 47% 111%" 111% 26% 113"- -fl3 ••: ,23% Jan Oct 117% Jan Range Since January 1 ; 7;;;; Lowest ; dpui per share par ' ; " Jan 14% 31% " 13% Feb ^ . . 98 20% May 28 />44 . STOCK V" " 43% 25% in 12 - 'M45P 50% 29' 112% • 38 . -—5 7" 24% Mar 14 EXCHANGE -. Shares 9 per share 108% Feb Dec Nov 24% 6 50% July 31 2 " 33% 115 16 46% Jun . • • 'g; ' 18 22 % Mar 11 No par gfOCKS NEW ' 9 per share 87% 4 "■ —No pof Jacob--— i Friday Sept. 6 Thursday ' f per share / 26 V4 25% i. ' T lrSepk4 share' 26% 25% 6 Ruppertr ' 25 y4 Jan 3,300 ■ 1,500" 47% ' Jan Jan 11% "107 _100 — 19% 102% 118 14 Feb" 20 26 Feb 26 ' Roam Antelope Copper Mines—I— y," 8% Sep 4 Royal Typewriter-.—z I Ll / * 18% Sep' 4 Ruberoid Co 'The}_— No pa¥ 43% Maf 13'" 7,200 22 21 x47 • Co— 16 Sep' 4 • 136 Jan 19% July 24 •:'■"• " 28% Feb 100 —I ' ..Id Richfield Oil Corp— Ritter Company 40% Feb Apr 20 31% May 28 110% Jan 3 *106% Sep' - 28% Sep' Class B——10 series— 2" 25 21 2,300 8%/.: ' ' V'22 18% 46% • Mfg ' 9,200 V 1,000 7 '•31,' ' - 3.60% Jan" ,4"21% 7% Aug 8 17% Feb , ,110% Jan -4 .100 ' 4 •>•':■ 18% Mar 14 No pa* —— Preferred 4,800" •• 7 Spring— (R J)'Tob .Common , , 300 v, •15% 15% *30 v 130 V 26 24% 16 30% 14,100 ~ 106 Reynolds Reynolds 6,000 '■ - . /: 50 *105 25% 29% . I' 40 / *49 Va 106 x15'/4 : ' 21 % *, 39% 48J 280' lllVa,,} HO 21Va v 21% V106 - .24% " ' 15% :: 15 31% 111% > 47% 106 105 31 21 ■V 38' ■;< 48' ; 47% : 106% 24% V. 20% 40% 109 Va 109%' 107 37 23% 38% 5% % preferred —— Reynolds Metals Co— 5 % % conv preferred— ~ ' 29%. 4 V 24% Apr Feb 429% 6% conv prior pfd ser a 100 Revfere Copper & Brass——No par 21,100 V . 106% yV 106% 29%, ; 28 " 300' 24 23 Va " , Sep Feb 15 ' . No pat * 113. .V" Baturdar .\9 .- 4"\ ' 15% /-V 12% Sep -I 41% - 65% Dec Dec " 63% 63% 61 ♦58 60- 61 . 58% '' 40 - •V . 105% 42 ; :V) 39% 105% 103 34' : 34' 15% ; 16% 47/e 48% > - , 55% • H72 v 41%'41% • 33 33 ; V, 40 Vs' 103" 4% 50 ': 48' 54 ; '• 7.:v 25,'/4 r "-■ 33% 48 49 •v 26 43 55% 41 ■■ ■ 34' •'t 23 35 25% 49% 42 % 44% -. >; 33% 33%34 27% .. 71: V; 77 91> 91% v -17 91 20%8 75 ♦7,1 ? *90" * 51% 7:7; *90 17% .V 6% , 17% -7% 18" : 20% 7% - 7% >., 7% i ,V: 19% ; „ lOO: •* : 43% 16%. ♦13% 100 92 43% ♦40% 16% 15 92 "♦93 7, 15 y 99 *94 ; :' 15% 8 41"'- 41% 41'% *40% 24% 24%. 25% 99 25% 30 •• 27 23% 25% '13,700 • ' 19% . 23' ' .19% 20%- 96% .91% 95 21% •7 21% 22 92% 95 22% 24,200 " r." 95% 16% ' • 43% 114. 17% 15% 43%' 114 41 <114 17"% 16% ; 17% "*43 43%" 114%" 114 44 95 94: - 114 7- 16% 470 " 1-7% 44 7:7 43 *113% 114 1,800 110 non-cum & July 11 33 15 Sep' 4 '48 May 15 Sep 4 stk - $5.5J Conv / $4 3 8% May 11 ' 30y2 Maf 2 May 9 7 51 " 172 Aug 30 60 Va Feb yv 5B% Feb' 193 3 3 46 Sep 4 "70 41 Sep 3 \ ' 5 1 8 397/a July 3 33% May 27 —I ' 17 Sep 40% Oct 18% Dec 4% Aug 20% Aug 7% Deo 40% Apr 155 26 Va 17 — Jan 37 Nov Jan 24% Dec 27 38% Jan 62 Nov Jun 17 32% Jan 60% 90% Jun 18 64% Jan 87% Dec Dec Feb 15 80% Jan '30% Apr 23 11% Jan 21% Dec 13% Jan 29 96 3 4- 15 Sep" 5 27 92 Sep 4 104 May 13 July 16 80 40'% Feb 20 51 May 24 32 Mar ____1 No " pat 1^5 .>■. & Sons'common preferred^— Par . , 91'% Sep 35% Sep.- , Dec 6% Mar 12% Dec 7% Jan 20 Dec Feb 95 27 Va Jan Sep 44% Nov- 40% Jan 4 4 33:% Feb' 21 Jan'31 ' 30 39% Apr 109% Apr 23% Sep" 4 19% Sep 3 •• ^.1 No • ' . Dec Nov »6'% Sep. No pat Dec 180 No par 1 par 36% 60% Apr Jun , 65 5 72'% Sep Jun* 28 84 . 100 May 29% July 13% Jan No ^ preferred Co—.«_•«.. D (E R) 18 V* Jun 4 .y.;. preferred— $4.50 4% Sep.- 22'% Jan -100 tr ctfs i; * No par preferred, Ohio • Square Squibb •10,100 ' , 108 7.50 — Spencer Kellogg & Sons— Sperry. Gorp (The)-. — Spiegel Inc 200 ' 42 ' • 4 32yz Sep -No par Railway Sparks Withington^, Spear & Co 600 ' :t& 24% Sep 25 Spalding (AGf& Bros Ibc 12,500 v 5% Mobile 5,100 ' • " V . : r 15% ■: Southern 1,000 ".. * r " 15 Va Southern Natural Gas Co— •100 '. . 100 •55'A May 27 103 1 Sugar——No'par preferred—— Southern Pacific Co_ 46,900. 76% 19% 8% Southern California Edison 7.17,500 91% , — Southeastern Greyhound Lines—-5 South Porto Rico ; 3,400 - ' I ~ —100 Coroba Typewrlter_No par Socony Vacuum Oil Co Ibc —_13 4,800 " ijp. 46 75% 91% preferred—; South Am Gold & Platinum 110 28% -10 & Sons Carpet Co._„20 cum Smith & 6,700 3,900 ' (A) 3%% 1,700 ■ 50 72% ',; 78 91 " Smith 140 9,800 " » Smith-(A O) Corp— 1,500 : 75,700 43 46% : , 50% 2-7% 7* 51% 44% ; i.eoo •; 7" , < 53 54% 175 7173 33%, -34% 28% 49% V 1 33% • 50 55 175 " i' X175 " 32% 104 •7 15% •"/:. 4% 50 : X54% 180;'; ♦175 {'■: 4% ; 55 46% 58% 178 4%. 40% 103 104 33: y 33 ""15%: i6 15%' 1'5 '' 5%. 103% 10 12% Mar 23% Dec 10 76% 99% Nov 24% Apr 25 55 116 112 May 10 ." Mar 9 39 Jan Dec 107% July 39 40% 116 Dec Dec Dec " 39% 109% - 31.% '■ "104 40% 39% 109% ♦109% 38% 30% 32% 90. 90' 41% 111 42: *110 '" 111 34 33% 102% 104 109% , * 109 43 112 42% 42 109%: 109% $4.50 200 > 34 32% Standard 7,000 ' ,; 41.600 •' ' 106% 103 1,800 ' J. 15 " 126% 105 . 55%- ,'50% 38% 43,%. 3,8% 67% ,110% i i2 71 . 67% .52%41 -- 70% 51% :• 52% 41- 42 70% ; -14,600 * " " 52 : 107 71% 51% 40% 69 ^2%V 4-1% ""29,800 21,400 - . 70% $7' prior 27 24 25 108 ♦107, 111 " 25 - 27 ♦107 110 26% *107 26% For footnotes see page 1343*. 12% 14% 14 % 15% 14% 15% 47% _ 16% 47% 43 40 44 45 45%, 45 yz. Oil of Calif—^ 33,400 Standard Oil of New Jersey 4,500 ■ • Standard Oil 110 13% preferred—— Standard Oil of Indiana-. ' 24% na7 No 3%% - "5,100 1,000 -oar & E Co $4 pref—No oar $&-P»-Joe preferred-^-.-No 'par Standard • Brands, Inc ——Nopai* preferred— Standar-d G of Ohiol No 'par 28 conv preferred — 30'% Sep I'eb 26 62% Mar 6 106 May 7 13% Sep. 3 43 Sep 4 -50 V8 Mar 21 28 Jan 49% Dec 111% Jan 2% Jan 67% Jan .121 78% Jan 134% Dec 59% Aug 13 38% Jan 49% Dec 49% May 31 33% Jan 44% Dec 68% Nov 60% May 28 4 135 V2 Apr 5 149'% Apr 5 102'% Sep Sep' 4 105 42% Feb 26 Feb 26 37 " 20% May 13 115 109% Aug. 30 —25 —1 55 3 ^-10 preferred series A<_*.—-100 Standard Steel Spring—* 4% No .par 39'A Sep 6 78% May 13 . . 30 July 11 56 Jan 19% Aug 108% Jan 17 105% Dec Feb 16 9% Jan 25 115Va Aug 33% Nov Dec 27 Oct 108 Nov 20% Dec r^VY r<j a::? r "V"': >*/>''''••'//! i * 1342 •/> >% \yA'tfV/ffffrftfC:*'} "t'HT r CHRONICLE THE COMMERCIAL 8t FINANCIAL f rh I'.tv Monday, September 9, 1946 NEW YORK STOCK RECORD I LOW AND Tuesday Monday 7. 8>tul»y Sept. 2 An;. 81 I per there I per $ iter share i HIGH BALK PRICES Wednesday I per share Friday Sept. 5 43 42 43 43 j 44 443/4 DAY 46 *39 217. LABOR 24 20 20% 21% 22% 22% A6 48 47 50 49% 493/4 *107% 108'A 17 y8 19 v* / 28 21 ' 15 Ms 24% '26% 69% 125% 69% *123% 8% 12% 15 '/a 13% 14% 14% 23% .'47 14% 23% 120 43% 44% 42 44% 44 39% 16% 18% 34 36% 9 . 300 (The) L 8 Starrett Co Sterchi Bros Stores Inc___^ Sterling Drug Inc common 3% preferred 5% prior 83/4 <v of 29% 27% 27% 1053/B 28 106% 5,900 . li ■ 10 9% 10 , 6,400 31 29% 31 106% 10,000 2774 2374 140 19,400 I 573/4 I per there '// 553/4 68% Aug 21 487a Texas Co Texas 7,100 Texas Gulf Sulphur 267a 25 74 25% 8,700 Texas Pacific Coal •18% 25,400 (The) Gulf 800 19% 2,800 $2.40 Mfg pfd conv EXCHANGE ' v 14 y8 - 19 % ■ 108 14% i";Z 17 '•". 477a 493/4 Z; 397a • 42 22 46% 22 110 1127a 22 112 112% 177. 177a 47% 46% X5674 58 597a *1043/a 106 *1043/4 Z7 17 62 173/4 49% 16 y8 52 1474 75" 1774 16% 52 18 15 '• : ' ",7-4774 5974 597a 106 *1043/4 17 .:.V:.;Z ,'/• *16 % 523/4 54 157a . '• 16 . ' 7 Y * 1.53 6,400 200 8 34,700 112 112 17% X457a 31,100 433/4 18 2,400 497a 42,400 59% 1,000 preferred Avenue Transit Corp ..No /1,000 480 4,100 16% the Thompson Products com 4% preferred 59% 57% 59 16% 153/4 16% XlS 3474 X28% 30% 30% 3174 % 29 1017a': x93% 96% 96 971% 113 113 111 *109 111 1077a *107 22 247a 114 367a 57% ♦1123% 7 111 107% 26% May 10 65 May 28 30% 7 50 May 15 1474 Mar 18 $3.50 cum preferred 25 112 Tlmken Detroit 128 129 109 33% 33 25% 24% 2374 111 112 35 :247a 111% 34% 35% 443/4 473/4 40 preferred prior pfd Twin City Rapid Transit 5% conv prior pfd :-'v 72 1- 323/4 30% 30 Yt 3 5,600 .3,500 y 43 *27% '66% Jan Oarb series $3.50 Dec Sep 3 79 Dec Sep 4 33 Dec Sep Sep 3 4 Jan 7 22% May 28 1074 Mar 17 Dec 63% May 11 267a Mar 45 % Dec 7% 110 16 % 393A 3% .; 4 '■ ' 497a 47% 48% / 47% 11 133/4 10% 11% 11% X98 % 110% 101 iv 147a Z 427a 48 102 93/8 89 89 4 487a / 111 Jun •/ 106 Feb 1063A July 21 Sep 121 Sep 109 No par 32 Sep Sep *97 72 United Aircraft Corp 5% 1,900 :•% 700 100 29% t 9% 33,100 ' 200 89 conv , 127,400 14,800 $3 4,700 United 97 V:: No Co Dyewood Corp 100 - Electric Coal 16% 14% 15% 14% 15% 143/4 15 4,000 44 41 41 42 42% 41 41% 2,400 United Engineering & Fdy 51 y8 47% 493/4 48 48% 493/4 20,300 United Fruit 20 3/8 50 Co 8 10,800 United Gas Improvement 30,300 United Merch 22 74 19% 19 7s Xl6% 173/a 167a 173% 173/a 1083/4 1083/4 108% 1083/4 108% 108% 70 12 74 11% 11% 11% 113/4 11% 113/4 5,900 117a 14 >/ 11% 123/8 12% 133/4 12% 127s 50,400 United 197a 22 18% 20 203/4 213% 19% 213/8 23,300 Co—13% Z O 8 <fe Foreign Secur 15 *1083/4 ll5/a 106% 17 1067a 106 15% 187a 106% 17% 111 115 105% 203 202 202 *106% 17% 109 *202 20% 31 *96% 473/4 7 7a 32% 35% 100 *95% 42 48% 9 28% 3174 203/4 23 7 100 34 *95 44 8 27 21 28% 203/s *107a 103/4 10% 10% 43% 43% 41 42 42 *56 72 *62 *60 50 6074 72 557a 64% 50 60% 52% 63% 173% 174 172 173 50% 54 48 50 83% 84 823/4 823/4 7674 82% 15474 1547a 76% 79 24% 25 50 50 6 10 67a 23% *48 5% . 20 3/4 ♦106% ■'-173/4 110% *203 34 .207a 18 173/4 8% 208 30 217a 43% n / 35% 45 8% 28% 20% 54% 61% •' 78% 24 24 51 *47 53/4 *168 51 51% 793/4 159 24% 50 6% *80 6,500 11,800 1,100 171% 503/4 V 4,300 83 79 59,600 151 51 800 233/4 247a 53/4 4,400 50 10 6 2,000 S 100 preferred No par No par Co Leaiher No par 1 U 8 Lines Co 4% % preferred 20 U 10 8 1st preferred non-cum U 8 Smelting Ref & S Steel common Preferred United Stockyards 24 30 713A Apr 30 28% Jan 29 73% 48% 48% *45% 48 22 23% 21% 22 23 235/a 22% 23% 1,700 11% 123/4 Universal-Cyclops Steel Corp 13"% 12% 13% 13% 13% 5,600 Universal Laboratories 94 97% 93 94% 95 95% 300 Universal Leaf 11% 973/4 *191 35 *97% For footnotes see page 1343. 101 198 *192 107a *45% 8% , 198 120 48 *192 87a 198 10% 107a *102% 116% 8% *44 198 9 48 . 18,600 $6 14,000 100 198 30 6,300 38% 32 34% 34% 36% 34% 36 98% 97 98% 96% 97 95% 95% United Stores t per share 130 United 4% 8 % Wall cum conv pfd Inc Tob preferred Pictures Co Inc_i Universal 47i% preferred 54% Jan 8 57 % May 10 4 4 193/4 Sep 4 Sep 3 15 106% 93A 11% 18 % 106 Mar 6 : Mar 13 Sep 3 Sep 4 Feb 4 15% Sep 4 105% Sep 4 199 Jan 11 26 Jan 16 42 Oct 52% 14% Jan 257a 9 3/a : 1 1 100 1 —100 Dec Jan Dec Dec Dec Lowest I per share Highest < per share Oct 68% Jan 77 1474 Jan 26% Oct 7872 Jan 102% Dec 116 Jan Apr 23 May 1 Apr 12 Sep 5 Jan 29 July 25 Aug 13 Aug 23 Feb 16 56 Jan 28 53% Aug 26 30% Apr 10 22 Aug 15 110 Jan 23 153/a July 11 18% May 17 32% 1093A 29% 132 May July Feb May 204'A Mar 29 2 2 29 4 1113/4 July 27% Dec 20% Jan 10974 Jan 151 Nov 100 3/4 Jan 112% Dec 29 Aug 25 Aug 104 Sep 457a Nov 387a 120 Dec Dec 62% Dec 227a Mar 66 Jan 40 Dec 82 Dec 267a Feb 36 Dec 774 July 13 Dec 5 Nov 31 Ya Jan 174 Jan 38% Jan 97a Jan 143/4 Jun Jan 88 Va 10 3A May 177a JunDec 33 Ya Jan 527a 1374 Jan :25 Nov 1067a Oct 112 Nov 66 6 ye Mar 503/4 Nov 137a Dec Dec Jan 2*678 Dec 1037a Oct 107% Nov 163/8 Apr 28 Nov 11% Jan 115 Dec 77 Jan 1157a Dec 137a Jan 343/4 Nov 98% Aug 22 May 22 98% Aug 22 3872 Jan 557a Dec 123/a Dec 62 137s 44 25% 13% Jan 4 3 4. 2 10% Sep 5 6074May31 84 Apr 24 677a May 5 77 117a July 23 Sep 4 '60 7a Jan 12 41 Feb 26 Sep 7% Sep 26% Sep 42 41 80 187 6074 Sep 3 166 July 22 48 Sep 4 82 Jun 18 767a Sep 148 Sep 93/8 Sep 106 7 / 487a 21 89 166 4 87a Jan 93 18732 4 4 Sep 31 5 May 14 Sep 4 957a Aug 5 20% 128 1174 54 2774 22 11072 2007a 497s 101 77a Jan 35 Jan 46 Jan 27% Jun 517a Jan 6 6 1447a Jan Feb Feb 11 6 Feb 16 293/4 Jan 14 557e Jun 17 9% Jail 23 „• 63/4 Mar 3074 Mar Apr 22 97% Feb 4 Mar 25 Sep - 3 Sep 3 Feb 25 Jan 29 Jan 29 Aug 21 847a Feb 4 No par 56 106% Dec 473/8 Apr 20 Feb 26 4 pfd_5 No par 2 , 50 Paper Inc 373/8 Jan 28 119 Jan 18 3 4 50 Jan 5% Sep $4.20 non-c 2d preferred conv May Dec Year 1945 Highest /: 803A May 27 23% Apr 16 39 May 29 4 125 Apr 18 10 115% Jan 17 25 110 May 1 24 107% Jun 28 4- 29 May 11 4 /168% Feb 7 5 120% Mar 11 3 42% Jan 9 2374 Sep 1 9% 7 103% 347a Mar 102 Apr 3 123 Corp 9% *102% 83% 112 ya Jan 4 No p&L preferred *102% 10% 100 - Co non-cum 137a 120 50 No par — Corp U S Tobacco 7% 100 50 Mln Preferred U 1 Co Rubber 8% to 115 7a *102% 10 ■ Foundry U 8 Playing Card Co U 8 Plywood Corp U 8 Pipe & 600 77% *48 5 Corp Partic & conv cl A 800 2,800 63 171% 20 100 . U S Industrial Chemicals 65 53 - Mach Hoffman S U 16,800 10% *63 preferred 7% 2,300 43 63% 84 U 4%% 21 10% preferred Freight Co U S Gypsum Co 30 2,500 100 10 2.50 No par No par No par 1,800 30 41% Inc Drug, 2,200 • 8% 5-m *80 $4.50 — - U S 98 45 Rexall 2,600 112 *95 46 2,000 Mfrs Inc new com 1 & preferred United Paperboard 5% 170 108 621/2 148 6 34% ; 53% Z 50 148 205 10% -10% 171% ' 148 173/4 98 43 7% 26% 108 107% 110 *202 33% 18% ; 207s 107a Jan 187a 79 May 11 106% Jan 10 13 41 Sep 47'A Sep No par new— 1097a 203/4 / __5 Cos United 4: Jan 103 . 1 5 1 preference Preferred 190 5 8 33% Feb 25 70. Sep 6 ' 91% 30 Feb 26 40 8% Sep 4 17% 89 Sep 5 1' 89 3% Sep 4 7% 47% Jan 3 567s 10% Sep 4 163A 71% Mar 16 105% / 14% Sep 3 /H; 21% par , United Corp common 4% 48% 95 1003/4 Biscuit No par United-Carr Fast Corp No par United Cigar-Whelan Stores _30c $3.50 conv. preferred .———100 113/4 29 Mar 4 Sep 34 10 Inc United Carbon Co 113/4 4% Y 7 12% Jan ;.y 24 % Sep 109% Apr 8 100 preferred United Air Lines United 9 33% Feb 114 i per share *25 483/s 4% 48% 12 43 : *28 10 ' 22,200 Jan Range for Previous 100 Union Tank Car Oct 66 23 100 preferred Sep Apr Pacific RR Co_ non-cum 107% Nov 14 4 101 20 26% Jun 112 Jan Union Oil of California 1,700 3674 42% 30% 9 35% 70 19,600 25% 110 110 ! • 733/4 73 89 A' 24% 26 37% 43% Dec Feb 4 8 Mar 23 Jan x93% Sep No par 4% Jun 25 10 153A Sep JVo par Union 6174 Jan 47* 60 57% Sep Preferred 200 3,000 36 35% , Dec Jan 167a 15 5 Co Preferrd $3.70 series 23% 111% 974 31 20 217a May 20 No par Rubber Co of Mo pfd $4.50 ser No Par Un El Jan 29 71 No par Asbestos 19% Dec 66% Nov 112% Nov 4 39 //Lowest No par 120 29 Jan July 10674 Oct Jan 68 ill Union 160 137a Jan ■ 4 Par " 12 Range Since January 1 •: Underwood Corp 13 18 4M.4' 9:02 Union Carbide & 133% 1103% - 9% 8% 10 "43/a Dec Dec 15 y8 Mar 247a Apr 3 26 STOCK EXCHANGE 16,300 111 69 3/a Jun 1123/4 Jun Jan 493/a Jan 50 Union Bag & Paper 132% y 353/4 72 % •'•'r4 Dec lf>% 3 3 1027a Apr 23 14% Jan 4 50 Jan 3 14% Sep 4 par — YORK Sep Sep 22 > No par Co NEW ' 7/ 47 Sep 14'A Sep 18,200 *108% 110 3/4 42 % 75 9 18% 64% 45 21% May 14 8 106 May 17% Sep No par No par No par $1.50 3,700 107% 23 110 32 Z No Corp Coach 6 39 No par Cen Fox Film Corp Twin 7 ■' 1 preferred 20th 20% Jun 20 >: 18% Feb No par Tri-Continental Corp_ lfeek 113% 107% 134'% 113 3974 *30% Apr 978 Mar 16 Jan Jun Dec 8 3A 16 Feb 8 No par Corp Transue & Williams St'l Truax-Traer 177s Feb 70 2 Roller Bearing Transcont'l & West Air Inc $6 3 4 17 —5 new Sep 3 47 % Sep 4 107% Apr 15 No par Axle ITransamerica 10 par 97% 113% 223/s 22% 121 34 75 20% 31% 5374 July 107a Aug 9 Sep 55% Sep 12 Feb 10 preferred $3.75 Timken 30% May 15 " //a Jan 18 Sep 6 61% July 26 Sep 6 51% Sep v 4 N(. par Water Associated Oil Tide 313/4 *109 107% *108 y No Thompson-Starrett Co 2,300 58% -16 96% 113% ♦109 22 21 r'1 7 1407a 32 ■ 107% 1137a 131 *112 55% Nov 3 26 100 Shares I per share $ per share $ per share 153/a • 31% Nov Feb 25 No par (J R) Thompson Bales for Friday Sept. 6 57% : 3 Jan par ' Sept. 5 177a 107 7a 32% Jun 163A Jan 50 stocks Thursday Wednesday Sept. 4 * 66% *109 Dec 517a Nov 27 No par-A'hi: 1 common conv HIGH SALE PRICES .".1 *113 1074 Jan 42 No par i $4.50 105%/ 17 :■ 053 , 16 div Third 250 7% 'i 1127a 1672 19 5274 " 167a 22 *20 • 4,500 49 4874 y/V- 15% 87a 11,800 20 447. 7: •v':V**4l% 73/4 $2% 20 1097a 22 ? Thermoid Co 1,400 15,900 427a 7% 774 8 J.2,100 20% yZ Xl9% 167a 15 44 7% 41% *108 48 14% 30 63/4 1097a 47 147* 6,000 20 20% 19% *108 300 4 4974 111% 4172 •'/ 42 3,900 17 '• 48 *10972 7% 40 108 "5 14 50 15% -17 94 Dec Jan 36% 5 Co The Fair 430 1107a 77a >V: 10,800 563/4 493/4 48% 7% 12 % 563/4 17 *16 1972 11% 1 14% 11072 40 :' 12% 56 29% DAY CLOSED 62 67a 5 18 18% Aug 133/4 Jan 1 Na Thatcher Glass 400 : 517a Jan July 11 60% Jun par - 19% Dec 3 22% Feb 25 4 Jan 100 Thatcher Mfg Co 19% 19% May 16 26 9 % Mar 48 10 Texas Pacific Land Trust Texas & Pacific Ry Co 51% Feb 52 * 1 No par & Oil 3,700 - 25 ; Producing 1,100 46% •"•V 19% 16 "l3% "Dec Dec 10,000 18% 59 : 167a Jan 28 Dec 18,700 117a 111% 67a 39 1 per share LABOR Jan 8% Sep 1374 U STOCK "774 1 387a May Nov 43% 14 13% 55% 49 47% ■/ V':V 16%/. *16 Sept. 3 I per share Apr ' ♦1097a Tuesday 29 Jan 49% 18% Sept. 2 317a Mar 11 Feb Jan 19 LOW AND Monday 28 41 109% Aug 20 Jan 57 48 Saturday Aug. 31 36V4 Jan 26% Sep 105 3/a Sep 7% 52 55 Nov 774 13 1772 7a 39% 113A 16 1097a 153/a Apr 5 No par No par Corp '-49% /" 20 3/a 52 Dec 307a 41% Feb 3 5172 213/4 17 Dec 24% 15 16 106 7 40 Aug /fs§siill 1374 19 62 Jan 31 Jan 517a 40 *10572 25 Aug 22 13 153/4 16% Dec 25% Jun 517* 46 Dec 137 4 36% 54% 111 21 33 Jan 4 17% 217a 5 Dec Aug 25 18% 177a • 79 160 263/4 Sep - 22 55 Aug 21 55% Apr 18 5 Dec 7% Sep 36 110% 7% 353/4 May 29 May 24 4 Mar 9% 257a 11% Jan 47% 147a 39 Sep Mar 5 v.JU 16% Sep 1772 13% *20 21 115 10 5 467a 15% . par No 127% Mar 53/4 Aug 18 Apr Dec Dec Nov 8 35 '■'13% 20 24 Oct 73% Tennessee 34 11 *108 3 14 109 4,500 477a 77a 12% Sep 1197a May 28 56% Aug 12 Corp 507a ' 57 6 124% Aug 13 3 Aug 17% - 18 557a *40 Apr 18 7% Feb 26 43 % Sep Dec 57 17% 8% 18 177a 10 50 117 1674 Nov 109 Talcott Inc (James) 46 13 177a May 17 78% Jun 10 Telautograph 12% U 110 26 1,400 33 5974 11072 Feb 1,500 14 18% >;Z 24 % May 28 Mar 18 64 10c Swift International Ltd Bylvanla Elec Prod's Inc $4 preferred Symington Gould Corp 49 : 58 10 13% Sep Dec 8% : : z:/.l8':;Z: 18 15 Deo Feb Dec 8 3/a 14 14% 567a 26 / .3374 1 1874 106 jo 25% 2474 5474 Jan Sep 323/4 Sep 8% 123/4 52 % 18% 24 Bwlli <b Co 34y8 ; • 14 49 •//■:. Nov 6 • 577* 12 197a Oct 24 21 163/4 487a 36 22 Jan Mar 30% 17 13% 51 Jan 107a Sep 8% 527a 457a 287* 187a Jan 1372 123/4 34 Jan 13 233/4 Apr 17 38% July 1 16 27% 497a 18 103A 23 38 77a X56% 393/4 May 13 Jan 15% Sep 36 34% Nov 21 100 34% Oct 106 Dec 257a Superior Steel Corp 333/8 y 45 Jan Sutherland Paper Co 10 Sweets Co of Am (The) new_$4.16% 1,400 47 16 1,000 it; 9% 62 74 577a 109% Aug 15 1,900 17 Aug 3474 July 1013/4 Sep 24'/a Jan 100 Calif Oil May 10 1 12.50 (The) Superior Highest 8 per share 263/a May 31 25 Superheater Co 34 Sep 44 .9% 163/a cum) $ per share 14 263/4 Aug 26 63 42 16 8% - 16 20 (4% fe 53% Jun 105% Jan Stone <te Webster No par Studebaker Corp (The) 1 Sun Chemical Corp 1 $4.50 series A preferred—No par Bun OH Co No par Class A pfd 4 44 127a 97a Sep 41% Jan 0 1 Sunray Oil Corp Sunshine Biscuits, InC—; Sunshine Mining Co 26 20 100 preferred Feb 42 17 106% 19% 41 1 5 Stewart-Warner Corp Stokley-Van Camp Inc :y/:iT Xl7 % No par Year 1945 S per share 44 1063% 14 14 S per share Par Lowest Highest 40% 106% 108 * 10% T 8,100 126 16% 27 26% 29% 26% Lowest 44 34% 26% 31% 27% 108 32% ,v 16,500 25% 25 Range Since January 1 40 41 16% *15 4,500 14% *120 125 Range for Previous STOCK YORK EXCHANGE 10 64,100 49 14% 26 3A *120 1,400 93% 9% 47% / 69% 124% 124% 9% 44% 39 % 15,100 „••• 125% 46% 21 16% 106 67 43% 119 40,400 if*. *102 70 49% 27 26% 15% 16 106 70 9 140 18,400 25% *123% 24 11,400 V 800 17% 26% :"i5% 9 *130 21% 17% 43% ' ■; 16% *102 125% 8% 283/4 *21 25% 70 •: *123% 10 12,300 16% 106 70 29 21% 18 27% 28% 21 NEW 100 17% ' 16% 24 .V 26 13% 14% *102 106 f 157* ;.v 16% 14 *104 18% 2,900 5,300 107 % *107 107% 21 y8 28% is • 28% 21% 21% - 107% 17% 108% 17 V4 16 ; 30% > ■V 500 23% 50 *108 7. CLOSED STOCKS . . Shares: 49 STOCK EXCHANGE ;■ , theWeek I per share $ per share share Bales for Sept. 6 Thursday Sept. 4 Sept. 3 Apr 10 Jan 24 July 22 July 25 Feb 7 39 Dec 16 3% Dec 57 Dec 67 Nov 487a Dec 737a 176 52 Jan 777a 72 Jan 89 58% Jan 1357a Jan 237a Aug 46 4 Sep Jan 5% Tan 987a Jan 16 Jan 85 3A Oct Oct Deo Oct Dec 160 Nov 32 Nov ,50 3A Dec 87/a Dec 167a Dec 12 m D ec 25 Dec Dec 16 5% Jan 9 Jan 10 Apr 23 Jan 10 Apr 9 7574 Jan 110 Dec Mar 200 Nov Apr 178 23% Aug 48% Deo friwuvi ■_ry^y.-iitva, u);f;^ytox^w.'rti<w THE COMMERCIAL & FINANCIAL CHRONICLE Number 4523 Volume 164 NEW YORK STOCK RECORD Monday Saturday Sept. 3 I per share 9per share I per share • STOCKS Sept. 4 ,( Sept. 5 . 1 I per share • Friday Thursday Wednesday Tuesday Sept. 2 Aug. 31 SALE PRICES HIGH LOW AND y; I per share NEW Sales for Sept. 6 $ per share YORK Range tor Previous STOCK Range Since January 1 Lowest Highest EXCHANGE the Week - Par Shares t per share Year 1945 Lowest t per share Highest I per share 9 per share " 22% LABOR DAY CLOSED 25 19% 20% ♦41% STOCK EXCHANGE 45 Va 19% * 18% 19 40 43 20 >: 43 ♦108 W 108% 6% y. 82 % 80 iOf 41% 108 loa. :'v^7% 77 , 7 7% 78 122 90 *85 86% ; 50 49% 50% 50 50% 42% 40% 40% 41% 94 50 49% 3,200 40% 1,400 41% 36 35 Ms 37 V2 165 155 155 155 155 *145 185 •172 185 *172 185 *172 185 '72 72 68 68; 67 67 20 20 18% 19 -r 18% 18% 40% 35% 36% 36% 38 108% 2,700 1 155 ♦172 34 " 109% 108% 126 135% ♦107% 121 A. 125% -13% 11% 14% 30 13 Mar 22% 24 32 Jan *19 Sep 4 17 13% Apr 39Ma Sep 4 51 Ms Apr 30 Co_6% Chemical 5% Co 2.50 100 100 preferred non-cum Victor Chemical Works 3 Va % 6% Va & 100 pref Va Iron Coal & Coke 5% 2 113 May 28 Feb 15 86% Mar 104 Deo 115 90% 103 Deo 53 May 28 24% Jan May 4 50 24 30 31 X25 25 : 40% 107 Va 4,000 128 5,300 X preferred 120 13% 12% 25,400 4% Walker (Hiram) 29 170 Mar 29 120 Mar 178 May 11 145 Mar -67 Sep 5 18 Jan 22 par 34 Sep 3 105 Apr 12 111 '98 Feb 26 11% Sep 3 154% Aug 12 20 Ma Jun 7 Ward 105 Va 21% 22% 96,300' 28% 28 28 *28% 28% 23% 22 23 23 23 30 % 24 % 23% "24-. : 21% 23% 1,000 Waukesha Motor <">n 28% 29% 283/4 29% 1,300 Wayne Knitting MiUs i-^L-iJi2-5 28 Sep 4 4 No par 11% Sep 33% Jan No par 85% Mar 15 30 14% Baking 5%% 220 Co 1,700 Warren Fdy & 2,100 Warren Petroleum 800 Washington 34% 35% 2,000 11% 12% 6,500 Webster' Tobacco 41% 37 38% 37% 38% 37% 37% £ 5,300 88 87% 87% ♦86% •86% 88 88 37% 116% 115 Vt 115% 115 116% 115 115 210 118% 117% 117% 117% 119 117 117' 200 111 110 110% 34%. 113% 113 113 111 116 117% 117% 117% 33% 35 34% 113% 116 ■ ::;■■■ :35';/ •115% 116% $4 13,100 120 '■4•' 250 West 65 66 3,700' Western Auto 5,200 Western 37% '■>/'' y'/'x; 42 32% 35 XX/ 90 . ■' 90 87 87 27% 28 30% 27 '••X ' V *16 ' : v29- 18 32 ■ / ' . . •'' - • 27% •, ^ '•••';yik;' yxyy/ 50% *32 - : 37 105% 105% 38 46 38 Vi' ';; 46 ; 19 Z >x, 28% ♦16 '/y 30 31% 28 38 47 47 ♦34 37 33 33 104% 104% 105% *104 , 30% ♦64 ; 70 *64/ •103% 105 >48 X40% 105 X99 104% < 43% 103 Ms 33 100 34 31% 27% 14 /- 28% 15% •17 ' k;. - 56,600 Westinghouse Electric Corp 520 1,100 200 : 15 y4 90 *80 89 36 35 35 ♦33 13% 14% 100 18 8 7% 15% 14% 15% *99% 16% 100 100% 18 .18 18% 15 < *99% 14% 15% 100 Va 17 % ' 14% 14 Ma 100 - 17% 18% 9,000 /: 88% . 36 14% ♦145 165 165:. ♦145 ♦145 165 »• '■ 18 41 41 46J/2 50 V4 46% 48 48 49% 65 % 58% 61% 61 62% 95 95 41% 42 •94 •96 103 *86 89 73 75 16 i 17% LOW AND Monday Saturday V < <■ Oct Jan 23 117 Ms Aug 7 101 Jan 112 Dec 113% Sep 118% Dec ;y.; 'X'.-V Oil $4.25 3,600 104 Wilson-Jones 23/ 28% 19 •- 24 9% 20 7: 24% 10% 100 16% 6,200 tin receivership, Friday Sper share 101 par Mar 26 Jan 92 43 y8 Aug 56 14 26 y4 Jan 35 Oct 17 38% Dec 45% 7% Sep 13 Sep Jan 16 Wyandotte Worsted Co NEW Jan Jan 31% Dec Jan 47% Dec 23% July 10 103 45% 700 18% 22 19% 18,300 22% 2,300 66% 68% 67 68% :v' ;«j9,900 20% 21 %:•**$•'•:• 20% 20% 6,200 24% 25% 25% 26 10% 10% 10% 5.600 13,600 8% Jan 18 Dec July 11 83% Jan 04 Jun 30 Jan 35 12% Jan 26% Jan : 4 23 16 21 July 13 101 5 6% Mar 21% Feb 160. Mar,. 5. 34 iv Feb 46% Sep 50 Jun 7 14 '26>i 52 n New Btoek. v •J 16% Mar 26% Jun 10% 19% Nov Jan 1~3~% Jaii 128 22 Jan 138% May 31 22% Jan 37 Jan 53% Dec Jan 70 Nov 79 Jan 100 Nov 1% Jan 7 100 9 103 May 10 4 4 80 Jan 100% Nov 1 75 Jan 110 Nov Feb 4 69% Mar 84 Oct 25% 2 Jun 6 82% Apr 105 5 Sep ■ Range for Previous Tale 9s Towne Mfg. Co Range Since January 1 Year 1945 Lowest 18 Young Spring & Wire No par Highest $ per share :••; Lowest 61% July 15 . Sep 3 27% Jan 31 13% Sep 4 35% Jan 17 19% Jan 1 32% Jan 61% May13; 83% May 31 39% Jan Youngstown Steel Door 18% Sep 3 31 29 20 24 Sep 4 42% Jan 15 34% July 9% Sep 4 14% Apr 18 s Special sales, -No per 1 S per share Jan 20 Youngstown Sheet & Tube—No pat No par Highest 9 per share 42% Mar 14 1 York Corp Cash sal*, Nov 40% 38 Aug 13 Apr 25 new. Dec Deo 74 26 9 per share Corp. Oct Dec 62% May 29 4 Feb STOCK Zenith Radio Corp 12 , July 26 EXCHANGE Zonite Products Oct May 21 STOCKS YORK Dec 26% 4 10 CDel) Jan 47% 87% 17% Sep No par Feb 107% 21% 28 17 142 100 101% Aug 31% Jan Jan 99% Jan pfd 4%% series 100 Prior pfd 4%% Conv series—100 Jr Deo May 28 14 y4 Sep par ' 78 36 4 Prior iWm) Dec 105 Mar 23 10 (F W) Co Dec 43 105% 44 17 10 pfd Oct 44/ 13% Mar 13 84 1 Co Jun 37% May 50% May 37% May 30% July 27% Feb 11 62% May 29 107% July 26 4 x33% Jan Jan 106 ■ 21 27% Sep No par No 72 4 5 Motors < X 27% Feb 26 Shares 45% Deferred delivery, 64% 14 41% Jun Aug 20 X40% Sep 98% Jan 1 Worthington P & M (Del) the Week 47 a 24 Jan 63 1 Woodward Iron Co Woolworth Sales tor * 17%l9% 21 22 xlO 57% July ">» - 45 .. Jan Dec Apr 53% Jan :■ 20 Wisconsin El Pow Co 6% PRICES 17% 30 y2 64 16 46 14 Oct 17 $ per share Jun 100 16 Sept. 6 37% 31 .13 y4 Thursday Sept. 5 Feb 32% Jan May No par SALE 13 y4 101 Sep No - Jun 17 27 Wrielev 81% 14'% 45 y4 Jun Wright Aeronautical 80% 61 Jan 107 y2 Jan No preferred Dec Jan 4% 56 y2 Jun 33 Sep 103% Jan 20 Co Deo 3% '/1 • ' preferred preferred Dec 32% V 100 (The S S) 40 115 32% Jan Sep 21% July 19 28 V* Sep 4 No par No par conv Wilcox Jan 22% Mar NOV 90% May 14 13ya Jan 16 Sep Sep 87 100 White Sewing Mach Corp Prior 35- 'i 27 —No par •'.? White Dental Mfg $4 119% May 16 18 100 73 •Bid and asked prices; no sales on this day. 118 Ma 29 800 X 21 64% 67% 10% 113 Va Jan 23% Mar 30 74 9 per share ' Jan 109% Jan 85 //Sept. 4 . 100% 30 ' / 95 *95 104 1 6 Apr 63 y4 Jun *82 Wednesday ' •92 95 1,000 15,900 Nov Aug 122% Feb 39% Jan yy -74 , 46% *44 20% 16 23% XX- 20 9% 62 37 45 119 45 •74 65% s *95 42 49 Ma 59% Nov 39 73 45% 15 21% I 42 , Nov 89 Ma 35% Sep 72%; 25 / ! ; 85 1,800 38 Ma Apr 26% Sep .72: 18% CLOSED - HIGH 9 per share LABOR DAY STOCK EXCHANGE • < Dec Jan 27% July >! 31 y8 Aug 15% , Tuesday $ per share 9 per share *92- , 103 81 - V:: Sept. 3 Sept. 2 Aug. 31 94 Ms ♦90 / 8 16% ; 4 32% Sep No Par Wilson & Co Inc mk'lkrk 48% 42 42 165 i Willys-Overland 300 24 84% July 11 May 3 16 • 60% . : - 19,800 •; 15 % lOOMs , •150 . 1,600 33,100 " 43 % 89 Ma Aug Jan 9 12 y2 White Motor Co / 4Q0' 8 8 8% ! 13% 500 10,200 15% /15 %■■'.":• *80 *33 £35 380 . 32 ; : Dec 30% / 4 6 12.50 * Wheeling & Lake Erie Ry 5V2% conv preferred Wheeling Steel. Corp $5 conv prior pref 5,900 '.29% Instrument $3.75 preferred 100 • 100 32 88% *8 13% 13 : ~47 Ma" 20 12% Elec Westvaco Chlorine Prod M-'V1 44% X29 34 *RO *35 8% .99% 100% 104 . No par Preferred Weston 30 ••'v/ 31 16% Apr 18 y4 Sep 57 Jan No par Westinghouse Air Brake . 65 *103% 43 Mt 28% .'30 15% '•y 14% *80 8% *64 " ; 43% ,*32 36 28 ' 70 103% 103% 43% 36 :• *64 . 105 *103% 43 70 10 100 100 Ry 2nd preferred Class B ' nn.//y Supply Co Maryland non-cum v. u 1 11,300 . 104% , Inc__ ... kUlu''-' 38 43 29 Lines, Western Union Teleg class A-No par : Dec Jan 110 Western Pacific RR Co com—No par Preferred series A 100 3,400 •y.- 29 37% 48 , • —100 *19,600 • 18 37 ' 37 ^•104% 27% 28% 4% 700 85 30% 27 Ms 28 *34 *81% 33% Mar 115% Jan 112 300 yy 37% , 86 *16 Ms 30 35% 29% 36 Ma '■». \ 28% 26% Ms. 37 38%. > 27% 17% ♦15% £ 36 *80 17% 20 5 47% Jan ; 3 33% Sep Dec 10 29 Ms Sep Deo 65 17% 1 32 34% Feb 3 61% 17 Corp Nov 14 9 Air - ' '"'//XW/ 21% 35 y4 Mar 14 29% Sep par Deo 14% Aug 24 V4 Jan 30% Jun Jan Western 7% 24 16 106 4,400 ...■ 18% Jan Jan 10 20 7%. 50 11 19% 7% 3 53 V4 Jun 20 6% Sep 116 V4 Apr 18% 16 Dec 28 50 2 65 18 Dec 105 Ma 26 19% >6% 16% Oct Apr 35 y4 Feb 64 2,700 Oct 91% 29% 111% Aug 18% 43% 113% Deo 20 No par 100 21% 42 3/4 •112% 8% 14% 23% Aug 29 107% Feb West Va Pulp & Pap Co 4 % % preferred 19% 42% Deo Jan 7 37 * ■39% 18% July 19 Sep 110 61% Mar 8% Deo 110 Ma Aug 114% Jun >112% •112% 113% 105 pfd-.,.-..100 41% 37 Mar 26 4Ms% 113%. 113% Deo 42 3 1 Power NOV 20 Jan 3 5 preferred 40% >r No preferred Penn 78 Jan 20 y8 Sep 5 Inc Indies Sugar 6% West Sep 13ya 30 Mi 103 V\ Jan West Penn Electric class A—No par 1% preferred 100 // 117 conv •112% y." Corp Wesson Oil & Snowdrift 100 xll% Mar 15 par Wayne Pump Co 12 34% ,/ No Gas Lt Co 35 64 14 5 . new Pipe..._ 11% 116 % ' 1 21 Apr 29 100 Pictures 118 r common preferred Warner Bros 30 Ms 30 ■ 5,600 M" Feb 54 4 32% Sep 86 23% Jun 4 21% Sep ,/ 6 28% 14 15 38% '■;- Apr Jan 4 105% 6 July 2 22% ♦14 Nov 43% Nov 52 4 Feb 104% 11% BYo 55 36% 172 104% 33% 16 Z/Z. 45% Jan 30 X21% 11% 71 Deo 3 53 45'A Jan No par No par G & W Walwortn Co ,32% 7% 83 100 13% 61% Jan par preferred 36% •13 57 No System 12 ' 9 .4 21% 33% Deo Nov No Walgreen Co 125 13% 14% 4%% Waldorf 107 y« 130 12% Wabash RR 1,400 39% 108% 126 12 GOO 67 67 18% 19% v 34 - 81 124 100 Vulcan Detlnnlng Co Preferred 33 ♦87% Deo 8% Jan 26 22% , 3% Mar 59% Sep Feb 24 23% Dec 118 397/a Jan 34% Sep 155 Sep 28 29% 45% 10 100 preferred Vlsking Corp (The) class A 20% , 123y2 Apr 105 Apr 25 5 100 6% 29% 28 y 23 29 997/a July 10 . 21 47 28 Jan "13% ,: 14% 104% 105% 106 20% 127/a Jan 4 118% Jun 24 80 Jan 108 7/a Aug 23 2 28 13 105% Deo Jan 65/a Sep 76 Ms Sep 100 Virginian Ry Co 24% Aug 28 105 100 pfd—100 $5 Dec 50% Nov 104 No par Pow 8 37% Feb 26 Chemical dlv partlc preferred El Feb 108 9 preferred cum Va-Carolina 39 Ik w -.V/.: ♦108% 11% '■ 600 - 36 Ms ♦155 , 34% Deo 25% Apr 58 Ma Apr 26'/a Jun ■ 36 v 34% 5,700 40% 85 122 ■ 460 X/7 X49M2 122 90 • 4,000 7% 21% Jan 6 Vlcks Shreve & Pao Ry ' • - 78 122 41% 37 ' 121% 80 122 49% X35% 108 4 '' 41% 108 7% *76 41% ... . Vick ; -. „ 3 4 10 Vertientes-Camaguey Sugar 1,000 - 22 M2 Sep xl77/8 Sep "37 Sep Norman Co Raalte Co Inc 104% 110 No par 2.50 Van Van 5,600 40% *90 X *90 •• "•85 90 •90 ; -; ■ 41 y8 " ' 76% , 123 y4 123% 7 6% : ; , 108% £♦108 8% ': '" 108 < 20% 40% 40 104% •90 ;. 41% *40% 43% . 19% Vanadium Corp of Am 3,200 3,700 1,300 18% 43 42 v *90 108 ;■ *90 ' 24 X17% • 20% 39% 104% -♦90 :■ 110 19% 40 39% • 106 < 23% 24 19 39 19 ; 39% 39% •96 22% 18 37 21% •100 23% 22% . • wd When distributed. x-Ex-dlvldenda. Jan 5% y Ex-rlghts. Mar Jan 47% Deo 24% Oct 31% / Dec 70% Deo 27"%' Sep 44% Deo 12% Deo THE COMMERCIAL 1344 Daily, Weekly and Yearly tf umber f 0/ Shares Sept. t, 1946 ■r Week Ended • • • t - 4 - 3,624;0lO' 505/000 •8,329,000'. ' 7,596,000 5,085,000 262,000 ./ 5,350.500 ' ■« I. 11,, 10;558;640 -TbtaLL Week Ended 1946 Itocks—No. of shares—-— 1946 4943 $253,000 832,444,700 ■ . Total / - i $62,000 40,000 $6,000 32.7,000 658,105' 302/000 1,000 448,000 i:' 569,645 244,000 445,000 f-'A.-.- 24,000 —— 268,000 3,124,050 $1,126,000 $271,000 $12,000 $1,409,000 1,024,945 L_ Total \ 3,124,6.56 $321,000 372,000 5,000 Week Ended/ Sept. 6 4946 • " > 1945 1,650,015,600 1,216,500 17,855,000 Labor Day i J".* : $4,999,450 1,589,000 : •371,955 - — Stocks—No. of shares. 247,147,298 26,456,000 Government : 1 . $17,755,500 57,380,500 $39,000 Foreign Corporate .Holiday' Sept. 6 1943 - ; 246,780,925 '4,751,290 $162,400 10,558;640 Bonds Jan. 1 to Sept. 6 • J $28,084,0001 '• $39*060 $1,589,000 $26,456,000 v Foreign Government Domestic - Wednesday—.1 Thursday : : Friday:——, ; : To'spo " . -8,906,000 .12,000 r 189,000 7,407,000 2,355450 1,674420 . /•'> Sharps) : 1—i;> Saturday— Monday— Tuesd^r—— $6,231,5OO $23,500 $573,000 Week Ended Sept. 6,1946 ■ ■ -vv.: Labor Day $5,635,000 2,904,760 Bonds (Par Value) of y Sales Bonds Bonds „ Stocks {Number Bond Government Foreign —— Tuesday. Wednesday Thursday Friday 111,1 V. 0. t ^Holiday Saturday, Monday, Monday, September Exchange Weekly and Yearly: / Total United States Railroad and Miscel« Bonds " < ■ Transactions at the New York Curb Exchange Transactions at the New York Stock Stocks, FINANCIAL CHRONICLE & Jan. 1 to Sept. 6 1943 1946 1^,542,010 103,650,451 75,131,383 Bonds 07,573,060 Domestic— $1,126,000 ' Total—. — $49,029,000 $96,009,000 271,000 126,000 8,308,000 25,626,000 12,000 18,000 364,000 771,000 $907,580,700 $1,722,588,110 $19,233,900 $28,084,000 $1,322,000 Foreign government. Foreign corporate- Foreign. Railroad A industrial- TotaL $1,409^000 New York Slock And Bond Averages Below are the Bondo ■ ,---.',.-10 30 Indus- August 31_ Railroads ties Indus- . • — Grads ■' . . Ralls ■176.72 52.44 36.12 6 4..72 104.78 114.29 114.18 53.79 37.27 66.40 104.70 179.96 6 •53.17 36.60 66.79 104.70 • 104.81 / : . .. Rails 113.81 65:26 36.33 52.61 178.68 ■ Grade Labor-Day 181.18 3——. 4— 5_— , / Exchange Closed Labor .Day ■' v .• ■" Total V/ Utlli- 40 " Bonds ties ■ . • 108,25 • 97.60 108.24 97.26 108.20 113.81::: 97.18. IOSTO 29'/4 •' 403 asa 31 (v: 46 Vi 44'A 127 - - 132' 105% ; 109% •3d: 44% ! ?; » 41 Trust po . '••■''';; / —100 200 : Gnarftpty Trppt Irving Trust Kings County Trust ..100 329 v ' 25 New York Trust 50 56 58 286 292 / 43% 45% —23 : 101% 105 % Sterling National 25 • 41% 11 United States Trust—. 53 : 20 Public Naf 1 Bank & Trust..17% —i 18% V. -12% Title Guarantee & Trust Fiduciary Trust 338 1,930 100 Morgan (J P> & Co Inc National ,City=Bank Rft : : .v ..100 1,880 Manufacturers Trust Co... 46% 210 / 17% ...10 Lawyers Trust- Exchange Bank St TrUst.20 Empire:Trust - Ask 195 _100 10 & Trust Bid Par ; Trn«t 20 «... Continental Bank Corn V : Fnlton Grace. National < v.4 415", Commercial National Bank to HH ' •' ' (.■ -V.■.Vv/V.'1//• 106.41 106.20, 105.99 ; 105.85 ' • .98.30 Brooklyn Trust ^_100 Central Hanover Bank $ Trust 20 Chase National Bank..——is Chemical Bank & Trusti.^,-^.10 ■/' 10 Bid Hi :-H"par of the Manhattan Co—10 Bank of New York 100 Bankers Trust *n t— 10 Second ^ Fiwl . trials- Stocks ; Closed Exchange 2—. September September September September September 10 63 Utlll- trials ;::v^ ^ Oate^J Total -30':'--'I* :iJ • $57,701,000 $122,406,000 Oily Banks & Trust Cos. Bank Exchange as compiled by Dow, Jones & Co, -Stock s- $1,466,000 Quotations: for Friday, Septembeer 6 daily closing averages of representative stocks and bonds listed on the New York Stock v . • -.100 80; 43% 84 • 18% 740 ; ■ 20% 770 / r fim National Bank. Bond Record ' «t»NewYork Stock Exchan FRIDAY WEEKLY ■ 1 n-:,■■■< ■ v,,.-/ •- .• . 1 1 YEARLY -*/-■>•■ ' vw;;'vy • ~ ■//■■■:. and defaulted bonds. Cash and deferred delivery sales are disregarded in the/week's range, upless they are the only the week, and when outside of the regular weekly range are shown in a footnote in the week in which they occur. No account is taken of such sales in competing the range for the year. The itolic lettersin the column headed "Interest Ppriod" indicate in each case the month when the bonds «iaturd. * r ■> * * T t NOTICE—Prices are "and interest'%^cept for income . . Figures after decimal point represent one or more 324 of LOW AND , Low" * v.'; . LOW High j i '' "i. ' . *■ ■ .'{ '' High : V.. • *'r '• ■ * J:, LABOR STOCK Low / (• . High *103.27. 103.29: *107.5 . Treasury 3%s Treasury Treasury Treasury Treasury Treasury *109.11 109. 112.14 *112.9 112; *102.31 103. *107.21 107 *112.28 112.30 *112.25 112 *113.26 113.28 *113.23 113.25 *115.15 115.17 *115.12 115.14 *103.14 103.16 *103.14 *105.3 105.5 *105.3. *106.1 106.3 *105.31 *105.14 .105.16 *106.31 107.1 *106.30 .1947-1982 ,1949-1952 110.3 Jun 1951-1955 112.21 Aug ... 1955-1960 —_1948-1951 107.23 Aug .—1951-1954 1956-1959 > ■113112 Aug „—_1958-l963 -1960-1965 —....——1948 1949-1953 1950-1952 . Treasury 2%s Treasury 2%s Treasury 2%s Treasury 2%s Treasury 2%s *103.31 104.1 *103.26 103.28 *103.25 *103.18 103.20 *103.15 103.17 *103.15 103.17 *103.16 103.18 *103 5 2 1*104.9 104.11 103.27 «■ >103, 103.14 *103.12 103.14 *103.11 *103.10 103.12 *103.11 103.13 *103.10 103.12 al03.14 103,14 *103.6 103.8 *103.7 103.9 *103.5 103.7 102.17 102.17 •*102.5 102.7 *102.7 102.9 105.14 — 2%s 2%s 2%s *106.31 107 Lowest *105.9 105.11 *105.11 105.13 102.5 *102.4 102.8 102 *105.8 102.6 ... , Treasury 2%s 14.000 Treasury 2%s 105.1 102.6 v_1952-1954 ... .1956-1958 —* i—.1962-1967:; 1963-1968 —June 1964-1969 Treasury 2%s Treasury 2'/2s 1.500 ;:///:■, Highest Year 1945 Lowest . Highest 106.13 Nov 109.24 Mar 111 Nov 111.27 112.17 Aug 114.25 Dec 105.14 Jun 106.11 Mar r 108.27 Aug T 10.15 Mar := 112.10 Jan 113.20 NOV 104.27 May 16 ——... 2%s *105. 104.10 103.16 3s — Treasury 2 Vis Treasury 2 %s Treasury 2%s ' *105,13 105.13 Range for Previous Range Since Jan. 1 - 104.14 July J 2 Treasury 2%s Treasury 2%s *104.13 104.15 --*104.8 ' *105.12 -I'Jis 107J 103.1 *103.14 , BONDS NEW YORK *107.5. *107.22.107.24 / • STOCK EXCHANGE 10L7 109.13 *109.11 1 * 'GOVERNMENT Treasury *112.12 DAY V CLOSED v *103.27 103 *102.31 "EXCHANGE Sales for Wednesday Sept. 4 Low t High Sept. 3 Sept. 2 .=;' / ' HIGH SALE PRICES Tuesday ' Monday Saturday Aug. 31 , . .point. a . Treasury 2 %s — Dep. 1964-1969 —..1965-1970 —1966-1971 —June 1967-1972 Sept. 1967-1972 28 111.18 Feb 19 23 115.26 Jan 17 23 12 - 109,22 Feb 6 115.23 Apr 15 ? Apr 112.2l"Jan 118.15 Mar 12 106 118.23 Feb 106 Apr 107.15 106,6-. Oct 107.5 Jan 17 108.4 Jun . jan 28 105.29 Aug 19 108.4 Jun 7 7 105.22 May 1 104.9 Jan 10 103 Jan 4 107.27 Apr 107.4 Apr 107.9 107.19 Apr 4 2 107.9 4 101.16 Jan 4 107.10 Apr 106.15 Apr Apr 109.15 Feb 105.24 Sep 108.15 Nov Jun 100.28 Jan 103.4 100.18 i 102.17 Aug Jan 100.17 Jan 100.15 July 102.9 July 102.7 July 102.2 Feb 100.18 Jan : Jan 100.10 Jan 6 18 107.25 Jun 107.1 6 5 12 102.22 Jan 102.11 Jan 10745 Apr 105.19 Aug r 9 102.11 Jan 106.28 Apr 30 2 16 Apr 116.16 Dec 106.28 Sep 2 Apr 106.16 May 113.30 OCt Jan 113.2 19 102.3 Feb 100.20 Aug 100.30 Jan 101.24 July 107.28 Dec n."-/ 102.16 102.16 102.10 *102.6 *106 10612 *105.30 106 *305.25 105.27 *'104.13 104.15 *104.12 104.14 *104.12 104.14 *104.8 104.10 *108 *107.29 *107.28 107.30 *107.22 107.24 *104.24 104.26 *104.21 104.23 101.24 *101.24 101.26 *111.15 112.17 101.25 101.25 *(106 106.2 108.2 *104.26 104.28 107.31 *104.22 104.24 *101.26 101.28 *101.22 *101.26 101.28 *101.24 101.26 *301.22 *101.17 101.19 *101.17 101.19 *101.17 101.19 *101.17 101.19 *101.14 101.16 *101.14 101.16 *101.14 101.16 *101.14 101.16 *102.24 102.26 *102.24 102.26 *102.24 102.26 *102.23 102.25 *102.12 102.14 *102.10 102.12 *102.11 102.13 *102.10 102.12 *102.15 102.17 *102.14 102.16 *162.15 102.17 *102.14 102.16 *102.21 102.23 *102.19 *102.20 102.22 *102.19 102.21 102.21 101.24 12.000 Treasury 2%S Treasury Treasury Treasury Treasury 10.000 2Vis ...i—1951-1953 2 %s _«_..-1952-1955 2%s ———-.1954-1956 2 Vis —1956-1959 — Treasury\2 Vis -—--June 1959-1962 Treasury 2 %s ——Dec. 1959-1962 Treasury 2s u——1947 Treasury 2s Treasury 2s Treasury Treasury Treasury Treasury - - — *102.21 102.28 *102.21 102.23 *102.20 102.22 *102.24 102.26 *102.24 102.26 *102.23 102.25 Treasury 2s — *103.2 103.4 *103.1 103.3 *103.1 103.3 *102.31 103.1 Treasury 2s — *103.8 103.10 *103.7 103.9 *103.7 103.9 *109.7 109.9 Treasury 2s —-—— •103.5 103.7 *103.4 103.6 *103.5 103.7 *103.2 103.4 Treasury 2s *103.8 103.10 103.10 *103.6 103.8 *105.24 105.26 — . ■ asked price. 103.10 *103.8 106.1 *105.30 106 101.9 *101.7 101.9 *101.7 101.9 *101.6 101.8 Treasury 1%S — *101.17 ♦Bid and *103.8 *105.31 *101.7 101.19 *101.6 101.8 *101.7- 101.9 *101.6 101.8 Treasury l%s ——— No sales . transacted this ' day! a 2s - Treasury 2s 1949-1951 1949-1951 1949-1951 1950-1952 Sept. 1950-1952 1951-1953 1951-1955 June 1952-1954 *105.30 106 ■■ 2 106.15 Aug 12 106;16 Apr u 106.15 Aug 12 108.17 AugTii 108.17 Aug" 12 100.23 "Dec 101.15 Dec Oct 107.26 Feb 108.21 Nov 108.21 Nov 106.29 1§ 107.14 Apr 3 100.27 Jan 105.1 100.29 Jan 2 5 Jan 4 100.15 Sep 100.18 Dec 101.12 July 101.4 104.16 Apr 104.7 Apr 100.27 Dec 102 Apr 29 102.26 Sep. 103.28 102.3 Oct 102.9 Apr July 104.30 May 102 3 Apr 29 March 1948-1950 Dec. 1948-1950 2s ---—-June 2s ; .—Sept. 2s —Dec. 2s March 102.25 Treasury 101.15 Jan , *102.27 102.29 *102.23 Dec. 1967-1972 - Dec. 1952-1954 1953-1955 —. 1948 1950 Nov 104.24 Jan Jan 17 103.7 Jan 5 103.4 Apr 26 24 102.30 Apr 103.13 May 16 103.15 Aug 20 103.9 Jan 17 103.22 Feb 6 104.3 Mar 15 104.14 Jan 28 x103.13 May 16 104.26 Feb 18 104.24 Jail 102.20 May 102.26 Oct 102.27 101.29 Jan 103.5 Dec 102.21 July 103.9 103.8 NOV 102.10 Feb 103.16 Deo 100.25 Jan 103.1 Sep '100.17 Jan 103.13 Aug 21 104.29 Feb 21 100.13 Jan 101.14 May 17 101.6 May 28 101.31 Mar 9 101.9 102.17 Mar 8 100.26 Aug 106.12 Jan Jan Jun 102.26 Oct 103.30 Dec 103.1 Sep 104.4 Dec 104.6 Dec 106.12 Nov 101.23 Apr 101.19 Deo Odd lot transaction. 11 1 • • • " ^ Volume 164 THE COMMERCIAL & FINANCIAL CHRONICLE Number 4523 .;, 1345 NEW YORK BOND RECORD range for BONDS . York New Friday ':^-i *'• D. 3% Bid & Asked BONDS Week's Range or Friday's 1.1 8. Government Low Sold . York Umncatlon City ' 1 High Issue-r - Corporate Stock . i Z 1980 ' % . , C~\ n ' V': """ i 40''•. 118% 125% ift% 118%' A 6s XX Week's Range Friday Exchange >■ Interest Last or 1928 Oct A 6a of 1927 38 external s f $ bonds 1961 A-O Jan s 1981 J-J A-O ASlnking fund 7s of 1927—*—1947 (City) 5s ...1952 F-A —1953 Af-N ,-1951 M-N Rica (Rep of) 7s (Republic of) 5s of 1914 Cuba External Foreign Securities debt 1977 ^."-1953 Telephone , REctor 2-2300 120 Teletype • NY Broadway, New York 1962 A-O lADominican Rep Cust X X X'X- 5'As M v , ' Govt, Foreign •' Agricultural ■ , Mtg6 < A \ J -4 , ,* •' (Colombia)— ' iKlng ol Norway) 4a—..1968 *,>/■' ('■ f AAntloquia (Dept) coll 7s AI——11945 Af-S ' ' . J-J ,■ A External s I AExternal V:MAExttrmu f 7s series D_—_*-1945 : s t -7a »■ 1st 1 series;—*-1957 ' sec a f 7s 2d series—i-1957 > see s I 7s 3rd series—1951 - AAntwerp * 4 City) external 5s——11958 (National Government)— * Argentine ,'/ 0 f external 4%s v 8 i 8 t exil > Australia V ■ I a.„..>194f 5s 1927 of - External g 4%s of 1828 External s External s f 38 36 38 2 36 37% Irish Free State extl 36 3 36 37% 33 X 307/« 31 33 100% 100% 100 „ . : 100 . 1:' 100 100 104; 100 14 40 96% 110110% 110% 31 106% 104% 104% 104% 39 103% 106% 30 Af-N s.; • -M lABrazll (U 8 of) external 8s_—.1941 x 99% 100 101% 101% 102 104 f 104 114 ii4 M 4 103% 110% 105 115 111% • (Int AExternal : / to 3.5%) J-D '117 — '•r ~ p--' 70 70 I ti%s of 1920 s —1857 1979 Stamped pursuant to Plan A (Int reduced to 3.375%) * A7s A-O l (Central *60 — ' M 74 74 — * 76% J-D 1952 fty)—- B% ^uiuiiiig-bends Of 1931 " ' Stamped pursuant to Plan A (Int reduced to 3.375%) 1979 External $ bonds of 1944 (Plan B)— s.: i%s Series -No,.. 1 c*——^ ** 62% 1 85 f 13% 12% 95'/4 'M 11% 12% /•*10'/a 31 31 13 ;• 96Va c- i M-N *13% Q^) ly 'U Q-J WM *21% — *12% 7-j *18% — *14 16'A ." -- — 11 MX ASec 76% 85 * reduced external (Int New South 65 MXs:::'; 'i -M 'i 1942, -.~ : 15% 17% 84 77 «" Norway 15 *17% _* ' 38 46 38 42 y4 38 M-s 46 •: _*.1959 *37 Mi' 39 ■ * 11 *' us f. 2.125%)-—2008 (State)— 5s— f 9 18% 14% — M £ %_)-—2008 5s-_*—— 38% 100% 100'/4 100% 16 100'A 5 100% 104% 103% 104% 11 101 107% 103% 104% 25 100 107 y4 104% 104% 18 101 107 y4 .,..••38% F-A 1958 4'As 100% 100% A-O ■" 1956 Af-S 4y4s__-—-—1963 42 35 1 . 1957 sink fund 11% 16 . 13% 10% 9 10'A *24% to (Kingdom of) External ' .; ■; f 6^28—— s 16% 12% 10'A J-J 195F ; 22. - agree v: 2.125 Wales s f External ^" "75 to reduced X, External 59 — . , 5, Stamped pursuant to Plan A MX5-.' 76% 58 1 Nov. n% 21 11% *10% *16'/a assent—1933 Stamped pursuant td Plan A (Int 62% — to 100 — *21'A 24 32 y4 30 v 101'/a 104% 102 • 22 19'A 102 100 2 — ji^D M-X; X X ^ ' 58 , 62 62 — * J-D . 101 A-CYM.X < 1 vr-JX,XX;.{ 74 — X;A-0?X ' Stamped pursuant to Plan A (Jut reduced to 3A%)——.1978. 1957 5 A Assenting 5S of 189,9— .1945. ; x > ' § A Assented to Nov. 5, 1942", agree AAssenting 4s of 1904 ri«5* ; ; AAssented to Nov. 5, 1942f agree : X AAssenting 4s of 1910——-—1943 X AAssented to Nov. 5, 1942, agree Mlnas Geraes (State) — .< X. A Sfec external si 6%s' M' • 1979 101 104 12 2 111 3 14 101'/a 101'/a , AAssented 82% 60 ■ ' 81% A-O " 16 13% *103'/a J-D lATreasury 6s of 1913 64% -r— / A-O f 6% s of 1927——-1957 s ;~.M 54;; Stamped pursuant to Plan A (Int reduced to 3.375% ) A External J-D -,"h Mtgei Bk) _ • 50 y* 105 104 2 104 ■ .. J-D 1978 reduced 103 50 104 J-D 118 100 2 *105% M-N — 103% 100% ; 114 103 50 _ A-O .. 104 MS J-J 102 Stamped pursuant to Plan A ' ; ; 101% 100'/a — * A-O . i860 A4%s stamped assented —1943 AAssented to Nov. 5.- 1942, -agree SAMexico (US) extl 5s of 1899 £-—1945 112% MS 99% f 5s_. X_ ;X 102'A 101'A "5 101'/a 101 15 (Colombia) 6'AS—:—:_1954 (Prov) 4s readjusted--—1954 Mexican Irrigation— * 104% 101 13% AMedellin XX, 104'/4 101'/a . 101 M-S Mendoza 100 x 131% 21 101% 103 33'A 30% — -.*-- . 30 2 30 ' — A-O —1953 - 36 3 (State , 90 '/a ' *100'/a -M 1964 12 A Jugoslavia 43 104'/4 , 36% s 100 *100% i—19S8 36% J-J -• 1949 —.1953 7s • r : 36% , — M-N - —.—1958 f 6s — X I paid Haiti • .M-N *——1957 Belgium external 8%8 f A-O » - conv loan 4s Apr *.1972 tCommcnw'lth) 5s of'25-1953 External — 3-D • • loan 4%s————1971 conv */ . part 21 *100'A 101 J-D (Republic) s f 0s series A—1952 Helslngfors (City) ext 6'AS 1960 30 — A-O 97% A6s - 36- '— A-0 AExternal ^!'''ABxiernal - 102 *100% MS * 96 100% ', A-O J-J —^1949 102 y4 86 103 'A 100 100 102 y4 98 98% 100% 102 A-O 36 ... — J-J Greek Government— A7s part paid t 112 A-O 36 __ 7s '-! 104% 113 170 A-O I—1949 115 110 109 162 100 Af-S; 7s—«—.1967 108% 113 ' —1969 stamped- 104 170 100 —,1969 r_* 36 - f series B S AExternal s 'f 7s series C———1945 *■:%+, J -J 1945 J-J v.:. 85 77 *103% — 85 W', 80 ;~ *80 * - Akershus * . AOtd sink fund 68.-1^*^^*^.-1941 M ftM F-A AOtd sink fund 6s j,194t A-O '' v 1st series French Republic 7s -7s unstamped.^ Municipal Bank Ad 3%s-—1942 5%s 2d series AEstonla (Republic of) !( J-J JAlst series 5yis of 192ff :—1940 X JA2d series sink fund S'As 1940 Customs Admin 5'As 2d series. 1961 1-1693 111 *102'/a F-A External gold 4%s Members New York Stock Exchange 39 106 *102 A-O XExternal gold Wertheim & Co. 29 2 110 113 A-O ---1943 5'As 99 v* 7 *112 IA Denmark 20-year extl 6s ft 29% *167 113 J-D ACzechoslovakla (Rep of) 8s set A-1951 ASlnking fund 8s series B 1952 91 88% *105 'J-J 1945 27 16 110 110 J-D -1953 100 99% 98 29 F-A Sinking fund 5%s__»—— § A Public workS "5y2S 51'/4 58 98 29% MS .-1949 56 59'A 96% 98 70 51'A 51'A —- *50 J-D 1949 *%» external 4%s loan . 90% 58% 74 *50 *30 25-year gold 4%s . 66'A 63% 63% • 91% 81'A A-O ACosta High 81% 1 *88 M-N Copenhagen - No, 91 91 —1970 A Colombia .. tow (Republic of)— of Mtge Bank 6%s——1947 ASlnking fund 7s of 1920 ^-1940 . 81bW January! Sold High v.',;Low ■. Range Bonds Thursday's Bid Ac Asked Sale Price Period :'M; * V'.,. ; XX- Colombia .:. : '""iXiiilvM u Stock : ■* •' High Low NO, York X:'.X'X January 1 M i %;40'0: — New Range Since Bonds ■;? • New Transit Last 8ale Price i - - Exchange. Stock J_2 Interest Period . ^Vi; 4 week ending september 6 103% A-O ' 103 103% . — Series a No. > :v - - ' A-O .." •.. - " " —— ■ 3%s -' . . No. 64 M-M 5-i- 6— 3%s Series No. O-'V 3%s 8_i No. 10i___ No. 11 Series No. -&.*• ; : ' * - Series 3%S Series X - 66 % , 82 . ; •82; X 92 ■ 3%s Series 3148 No. 62 Mi l 62%^: No. 15. > 16. 61'A 17— 62% *'X X 18 : . > Series No. No. 82 Series No. 2 61'-;': "fr/'.'V • X 62% • » 4i • . No. 61 ' 62 : 61 66 62 :s 28—- : .r r."5^ , 65".; = *60% : 66 61 M" 62%; M 4 61 29——.—— 30- ."'J-' Vi,' I3' MX V; " ; X. I Refunding .1958 M-S v J-D " f 4%-4%s -i, 60% X 60% ft 61 ® 102 .27 r 4 « - *98M V2 98 1984 J 973 bonds jX 100 100'/a A-O X 100 'i? 100'/a M-N ; ; 100 % 93" 4 •,w'S; 5 100 '/b ioo J-J =: 93 8, 25-year 2%a —Jan — (City) 8s 8AChlle (Rep) External V.':'. §A7s assented 15 1 s f 7s M sinking A6s > A6s AExtl A 6s •- - ,i~2 105% 105% 47% 40'A 22% 151 23 87 c 101 X: 90% 101, 74 rA 94 •.* * : sec J ^ v 1961 1961 1961 1901 • .4 •. ( • : 1962 A-O L -1962 sinking fund 6s f ' * 1957 * 1961 * " C ' "3 14 14 14 i • V' - . f A 6s 35% 13 Va 24 *__' 46 43 48 47 45 *31% F-A _ ; MS - J-D 24% -.i 10 1 __ 35% v -X^-'mxXX'X^ *42 47;., 43 *36 39% *32 M __ 9 —. , ' J-D ' 44% M-N —1960 1 Xl 23 % 30 y4 21% 22% '. 25%"- :"5 25 30% 21% : 28% '-.ft 21% 28% "4 23'A 20 % 28% 2 25 34% ■ 42 35% 29% . 7b 42. 2004 ; For Financial Institutions SECURITIES FIRM TRADING MARKETS HAHL MARKS & CIO, FOREIGN SECURITIES ma ( SPECIALISTS 29 23% **6 ! 28% 25 21% 29 23% 23% 22% 27 22% 22% is y8 28 21 16 37. 40% 43 , 46% 39 42 - FOREIGN Mi 47 - -—1907 . 44 40 ~ . 29 23% 21 1 45 'V ." 30% "5 ; 50 •; ;v . 30% 25% *16 37 ' r— 30% CM 'v municipal loan—*, Stamped pursuant to Plan A (Int reduced to 2.25%) 29% 25 I stamped pursuant to Plan A' (Int reduced to 2.25%)--—2004 30% 22% 25% — 52 37% 30% -21% 44is 25 *23 — 42; 4; 30% 24'A __ Mi •;;-V pursuant to 30% 30% 24% ; > 45 38% c- 7b 48 35% r A « -1968 50 38 1 35'/a *37% A-O 52 y4 42 42 35% 1034/a 37% 45 *__ :: F-A F-A ■ 42% *— ■M- -v A7s 43 85 101 42% • 76 30% 2iy4 26% 25 •: .' " 41 101 a 101 42%' ' ' A-O A-O- Plan A (int reduced to 2%)* M 45 40 4 82Ya ;:.V v . 38% y 24 y4 X ., ■;X 24 14 25 14 V Af-N ' 2001 gold. 32% ' * 1940 external sink fund stamped , r 13% _:m; J-J pursuant to cPlan X (Int reduced to 2.5% ) 1999 ■X' •• 31 ; 30 21% - Af-N MS 63 y4 30 io '• v ,;; — __ X : " ■ X- 21% 14 26% 26 'M: 25% f " 1931 1349. fOI cn\ 26% C; '24% v" . Af-N A . - 24 ;; X 24 A-O " 1962 47 21 . J-D 1860 (Hukuang Ry) 5s ; 4,14 26% 26 * ' A-O ' A-O * 1960 ' : X 24% J-D -1962 1 44 'X J-D : 1^61 page Ixi; J-D " - 1961 v X Af-N 1901 2 24 MS JJf-N 1957 6%s see / 16 .24% J-J 1963 AChllean Cons Munlo 7s ..footnotes i 21% 24 J-J . 1963 A7s assented "'Mr-- 26%:; , 23 18 20 : 25 j-d 1953 M v - r'V j-j • 102 % 22% MS AGuaranteed-sink fund 6s_ For v.26% Sep Sep AGuaranteed sink fund 6s ACblnese 24% 24% Jan A6s assented ' ="24% 24% . ;-24 M 30% 42 j-j ' Stamped l 114% 100% ; 22 F-A A6s assented * 24% A-O • 1961 A6%s assented * A-O 58'A • F-A AChlle Mortgage Bank 6%a >• A6%s assented : . 24 , ; *13 '/a 4;, v *25 1960 6'As— A7s external loan of 1926 109% 30% 19% ... 2001 A8s extl loan of 1921 101 112% 33 19'A 41 x 4V'; ■' a-o .■*. Stamped pursuant to Plan A (Int reduced to 2%'). .—2012 96% , 46 21% "13 ; 23 19% j 39 .17 :V 40%: 19% -■ a-o dc Janeiro (City'of) 8$——1948-Stamped pursuant to Plan A 10iy4 .. 106% 44 40 ; ' Rio Grande do Sul (State of)— 86 Vz 109 r:- • . 102 98%/ 100, 21% 21v* 21v* a-o ARlo AExternal . M-N X 1981 sinking fund 0s fund M-N,>. .—Jan ! V 9 Mii'Xi.8'; 100% 100% ' 1960 assented ASlnking M 100% X': ■ f bs assented 'X j-j J-J Feb A8s assented: AExternal • ^3 '.s 109 X Feb assented A0s 109% 110 \ luflo " 6s sinking fund 6s AKxternul t s J-J 194p * 1942 assented ARy external v fund 109 110 L-1942 1— - AExtl 108% -1954 AExternal sinking fund 6s A6s assented ■ A-O X 1961 ACarlsbad '• 1960 3V4S — 100% ' .Canada (Dom of) 30-yr 4s ' ' ' 99'A 99'/4 t:. 213/i -V a-o *- 1947 pursuant to Y'lan A to 2.25%)--—2006 • 103% 88 % 69 **-1958 (Int reduced to 2.375%) 104 95% 0 iOO'/a 98 gold 8s——1940 > Queensland (State) extl 6s-*_-—*1947 64% 101 ; ^ k a-o reduced -v 103 X100 1 101 : 102 stamped 64% 100 40 vi - i, 65 ; 65. , x\ j-d - jAPrague (City'of Greater) 7%s—-1952 65% 60'/a; i *104 '00'. 00'', £ m-s : + f 6s 2d ser_***1961 s (Rep of) (int 65 X 60% f/i ' F-A -1976 3% f $ T. 65 :x. '■ *_J 7M ; m-s f 8s 1st 3er——196(1 (City of) Bs—;—1—1961 pursuant to Plan A 65% 61 s -A4%s assented • 1970 'X s 65 ', M-S read) 4%-4%s_, External s f 4%-4%s external ioi 102 . M-S 1977 "X '100% 102 X < t ——1961 *"" f 4Vk-4%s. External X 66 *60% v"' X F-A —1950 ;" (Province of)-r- s 65% 6oy». 2008 Stamped (Int reduced to 2.375%) '.AExternal loan 7yas y>-: X.. .1857 : A6s stamped-. s 60% 2.125%)-: APorto Alegre 65 60% 62% *60% 27 X _ty " ■ —v *100'/a*-- ?-''4 Af-S . *99% ;. L-. af-s ' . *60'/a ^Sinking fund gold 6s External ,v 65 60 y8 6 ,.24 M . to A4%s assented. —f—1968 f AExternal sink fund gold 8s_.--.1950 ;. A4%$ assented —1963 65 v v;M' 62% : Af-N .-MM, j-d „ :—1947 A Stabilization loan s i 7s 65% 60'A *60'/a 61 61 • Buenos Aires s.\ ^ - - 1 64% 62%.. , -Af-N (Rep of) external 7s__—:—1959 11APoland 85 ;X> X, , 66 103 99%^ 103% ;•- -•: , 62%" 99% ~1 100/ 100 100 : -MM' *102 J-D A-O - 1967 7s (State of) ANafr Loan extl 65 ya 60% ref 3 %s series a Nat loan ektl > 65% 64% 60% X 60% X 60% *60'/a ; '. Brisbane tClty) s t 5sSink In? fund gold 5s: v; ;: V 2 >: ' 3%8 Series x 65% sec (int reduced A Peru ;; x 82, 60% M: 61 3%S Series No. 24— 3%s Series No. 25 3%s Series No. 26— 3%s XX: : 82 77 ' 23 X "3%s Series No. ;M 3%r Series No. fc 61 j" — 22 3%s Series -\X;. ;X ; 62% 3%s • • 61% No. 3%s Series No. 19——: 3%s Series No. 20 3%S Sfcries No. 21— , ;M V' - 77% 19% 60% - ri *60'/a No. Series iv? 60% 10 62 62 Series 3%s Series No. ; ; : - : Stamped pursuant to Plan A : 82 ' ; Ext APernambuco f 77 78 h *60% 14_ 3%s X';. X; 68% - 61% 61% M 61 3%s. Series , - ' , 82 " 61 12- 81 63 *82 - ■ ■. F-A - AFanajna (Rep) extl s f 5s ser A_l96'j AStamped assented 8e***—-*-1963Stamp mod 3'/4s ext to 1994 .68,% 68 61% 23; ^ :73" extl 68% h 61%. - 3%s Series No. 13— • v 1 v 70 "V: * >;v- —'i'-; s, J 1- '61- 7 M"; : ii *82 ..X' X'" 3%s Series 'No.. 9 ! ' 61% *60% 7— No. 18 • *65% 63%- 3%s Series-No. * •" *60'/a Series-No,. 4—. ■X 3%S SerleB V 76 58 63%* 65% — 2. 3%s .Series * < *60% sink fund loan———...---1963 Municipal Bitnk extl s f 5s—-—1970 Oslo (City) sink fund 4%s—,—1958 ■ XXv-.' 3%s Series No. 3. XX':'" 48 50 Broad Si., New York 4, Telephone HAnover 2-0050 N. Y. Teletype N. Y. 1-971 If"'" wwww THE COMMERCIAL & FINANCIAL CHRONICLE Monday, September 9, 1946 NEW YORK BOND RECORD RANGE FOR WEEK ENDING SEPTEMBER 6 Friday Stock Week's Rango or Friday's Interest Exchange Last Period York New Sale Price Bid & Asked Low High Bonds Range Since Sold January 1 No. Low High Buffalo Rochester & Pgh Ry—\ Stamped modified (Interest at 3% to May 1, 1947) due tBurllngton Cedar Rap Ss Nor— ] S A 1st & coll 5s : ACertificates of deposit... Bush Terminal 1st 4s Consolidated Bush 61 Term 5s. — Bldgs 5s gtd Broadway Telephone—DIgby 4-4933 Calif Electric Power Calif Oregon BONDS York Stock Interest Exchange Last Sale Price Friday's Bid & Asked or High :y Low Santa Fe external sink fund 4s lABan Paulo (City) 8s Stamped pursuant to Plan _ 1964 1952 : v ' MS "/r- — .. Bonds Sold Low Guaranteed ;*■: :'/ M-N / y 48 :Vv 54 gold gold gold |ASan Paulo to (State) 2% ) 1950 (Int reduced to 2.5% ) 1999 loan water 104% A7s series ASllesia B of) (Prov extl 1987 registered 1987 1974 gtd gold 43.1949 1st & ref series A 5s stamp 1974 1964 1979 conversion 1979 conv 1984 RAILROAD 1948 J-D 3%s 1967 M-N 3%s 1972 Albany & Susquehanna RR 4%s~1975 Alleghany & West 1st gtd 4s 1998 Foreign Pow AND INDUSTRIAL COMPANIES MS 1947 deb 5s 2030 American Telephone & Telegraph Co.— 3s conv debentures 1958 23As debentures 1980 23A debentures 1975 2%s debentures- __ A-G M-S V- *103 *108 yy :,/■; -x," / Sr." 108% 110 .. 115% y-v * 144 151% 105 107% 104 3A 1073/s 1989 1989 107% 108% <64,,. 3s Tobacco Co debentures A Anglo-Chilean Ann Arbor deb 109% 114 116% 100% - 102% 1033/4 132 107% 132 139 102'A 103 A Gen 110 i 473/4 40 64% 114% 115% 115% 114 119% 1985 102'A 103'/4 1033/4 100% 100 1003/8 100 100% Gen 103 104 103 105% 107% 4%s 1st gold 103 102'A 1995 Atl Knox & Nor 1st gold 5s & Charlotte Air General unified 4'As Atlantic mortgage Refining 12 2%s 1223/4 131% 1963 / •y 43 113 110% 118% 42 3/4 49 - 24 1948 , debs 108 53 1948 mtge 1 gold 1946) at 5-y^. 33 1966 9 ' . 1023/s 38% 105% July 1948 4% & to gen ser C Dec 1 1946) ser Sep 1 1946) AConv due 1 1951 104% 108% 112 Va 1962 1943 107 105 107'/# 43 43 42% 43 42'A 63 77 777/a 100 1st & ref 4'As series D 1957 1952 *__ 1975 1969 1974 1966 .1961 mtge gtd 33/as series E 107 107% 107'/a 105 % 112 93% X 99% & Pittsburgh C 3%s 3'As Cleve 1970 86% 86'/a Union gtd 5%s gtd Alnc mtge 4%s ser A__. JABoston & N Y Air L 1st 107% 4s s f debentures see page 1349. 109 1063/4 1063/4 Columbus 104 107% 108% 8 106% 107% 24 105 106% 130 116% 106 110 105% 108% 105 108'A 60'A 60 103% 1043/a __ *106% *102% -- 84% 85 103% 1053/4 106% 106% 1027/s 4%s 1980 modified) (stamped 1st extl gold 4S..1948 1970 Columbus & Tol 1st extl 4s 1955 Columbus & H V 1st & Sou Ohio El 3'As 1977 1951 3s series L Conn Ry & L 1st & ref 4%s Conn River Power s f 3%s A mtge 1961 Consolidated Cigar Corp 3%s 1963 Consolidated Edison of New York— 106% 105% 106% 105% 106'/a 107% 102% 102% 103% 3'As debentures 102% 106% 3%a debentures — 55 84% 106% 106% 108% 111% 47 Commonwealth Edison Co— 96 3A 1955 1969 105% 1053/4 106% 1960 Buffalo Niagara El 1st mtge 23/4S_1975 . 1961 1972 1973 106'/a Colorado & Southern Ry.— July 1970 Bklyn Edison cons M 3%s 1900 Bklyn Union El 1st gold 5s 1950 Bklyn Union Gas 6s series A—__1947 f 4%s series C series B 1073/4 1961 4s s 5s 110% 103 1977 1st gtd 4%s Term f 93% 110'/a 108 ..1948 1950 s 100 105 RR— 102% 1955 1st gold 43/43 series JJ 1st mtge 4s series RR 108% 108% 121 1991 1990 1970 gtd gtd 1st II 93% 1993 Cleve Short Line 1967 series 113% 99% 1951 Boston & Maine 1st 5s A C 63 103% 107% 1053/8 1977 Series Corp— Cons mtge 2%s ser I 108% 1033/4 107% 1043/4 105% ♦112 1993 gold 4s Series D 1951 Steel For footnotes 107 43 1st 1st M 5s 102% 102% 109% Cleveland Elec Ilium 3s Beech Creek Extension 1st 3%s—..1951 Bell Telephone of Pa 5s series C—1960 Bethlehem 102% 109% 109% St L Div 1st coll tr gold 4s 1959 stamped - 106% 106 ya Cleveland 4s 98% 107 1952 Ref & impt 4%s series E Cin Wab & M Dlv 1st 4s___ Bangor St Aroostook RR— Con ref 4s 104 Chicago Terre Haute & S'eastern Ry 1st & ref M 23/4.4%s 1994 Income 2%-4'As 1994 Chicago Dnion Station— 1st mtge 3%s series F — 1963 1st mtge 27As ser G 1963 General 1950 Toledo Cin Div ref 4s A 1960 1951 1951 1951 General 5s series B (int at 3%% due 96% 79% Cleve Cin Chic St St Louis Ry— 1998 Feb 11960 1947) 107'/2 60 ... City Investing Co 4s debs.. 2000 Pgh L E & W Va System— Ref gold 4s extended to to Jan 105% 87 1952 City Ice & Fuel 23/4s debs to (int at 1% due 105 1988 1st mtge 23As ser G to F S'west Div 1st M 1994 58 110% 1934 1st 1995 (int at 1% due Sep 1 1946) Ref & gen 107 Va Cine Gas & Elec 1st mtge 23As Cincinnati Union Terminal— 1995 1%% Ref & gen ser D y so y 44% 1950 JAChoctaw Ok St Gulf cons 5s July 1948 to (int at due 72 2003 mtge 4%s inc ser A Jan 1 2019 conv inc ser B Jan 1 2044 f §AChilds Co deb 5s part paid SADebentures 5s part paid to Ref St gen ser A (int at 1% Dec 1 1946) due Ref ' 1983 . : (int due mtge 4s inc ser A. Chic St West Indiana com 4s Btamped modified bonds— 1988 Jan 1 2038 AConv gold 4%s Chicago St L St New Orleans 5s Gold 3%s i.; Memphis Div 1st gold 4s 107 .ff Baltimore St Ohio RR— Oct 4%s ACertificates of deposit SARefunding gold 4s . 1st inc mtge AGeneral 4s 124% 104% 1964 1st mtge gold 4s 1982 IA Secured 4%s series A 123 Ry— A 4s- 1985 Chicago & North Western Ry— 2nd mtge conv inc 4%s__Jan 1 1999 1st mtge 3s ser B 1989 IS a Chicago Railways 1st 5s stpd 131% 141 9 July 1952 Atlantic & Danville Ry 1st 4s Second 105 1946 Line 99'A partial redemption 1927 tChicago Rock Island & Pacific Ry— July 1 1995 ..July 1 1995 1st mortgage 33As Atlantic Coast. 1st cons 4s 115% 119% 106'A 98 103% 103 y8 25% Atchison Topeka & Santa Fe— General 4s Atlanta 98% 1997 (conv) 1st mtge 4s ser A ; 1995 4s 40 114 Chic Milw St Paul & Fac RR— 196? 4s Adjustment gold Stamped 4s 1053/4 106% mtge inc A 2nd mtge 4%s inc ser A Chicago Ind St Sou 50-year 4s 159% 103'/a 1969 124 Chic Indianapolis & Louisv Ry— 1071/2 103'A 1073/4 Nitrate deb 132% 135% — 104 1962 3s ... *122 , 1977 1st mtge 3%s ser B Chicago & Erie 1st gold 5s Chicago Gt West 1st 4s series A A 1st 137 105% 105% *129 1970 1986 Amer r 1998 1958 A Gen 103% 107 y/ i'v^: 100y 105% V 104'/a 1053/4 __ v Chicago & Eastern 111 RR— 1043/a 102% ' __ 105 *114 J-J A-O 1043A *.. __ .. '■;/;> 106% 1st & ref mtge 3yas Adams Express coll tr gold 4s .',-j 144 106 1st & ref mtge 27/es St 50 144 1st St ret 4%s series B 1958 mtge 48% % 105% 'i . ^ General 4s 1958 A4%s assented Am 103% 106 v' SACLlcago St Alton RR ref 3s 1949 Chicago Burlington & Qulncy RR— 1978 external 7s JJoll trust 4s of 1907 Alabama Great Southern Alabama Power 1st 105 1965 1990 2d consol gold 4s , 1978 3%s extl readjustment (City) 106% 113 1992 gold 4%s Ref & impt mtge 3%s D Ref St impt M 3%s series E R St A Dlv 1st cons gold 4s 1937)— 4-4%-4%8 extl readjustment AWarsaw *106% (partial redemption)__1942 Champion Paper St Fibre deb 3s Chesapeake & Ohio Ry— 1960 readjustment 3%-4y8-4ft extl 1987 4s General External 1945 1959 1946 ; AExternal sink fund 6s External 80 1987 (4%% to Aug 1 1949) lACentral RR & Banking Co— 1958 ($ bonds of 80 80 1945 Central Pacific 1st ref > 1955 A External sink fund 6s 3%S-4-4%% 105 1961 registered A 4s 1958 8s 1948 Central N Y Power 3s 1962 7s 105 1946 AGeneral 1962 A4%s assented Sydney (City) s f 5%s AUnxxUay (Republic) extl 87 104% 105% 1968 A 5s (Kingdom)— extl I960 tACent New Eng 1st gtd 4s tACentral of N J gen gold 5s 2012 1940 sec 112% 87 1965 §AMoblle Dlv 1st gold 5s Stamped pursuant to Plan A (Int reduced to 3.5% )—.—1978 Serb* Croats & Slovenes A8s secured external Corp 3s debs Corp 3'As debs Central Illinois Light 3%s Stamped pursuant to Plan A 2%) 123 3A 116% ARcf & gen 5s series C 1959 AChatt Div pur money gold 4s__1951 1968 (Int reduced to IA Secured a t 7s 120'/a 112% 1073/4 1073/4 2004 dollar loan 120% 120% • 107 C: (Int reduced to 2.25%) 1201/a 112%'y: 112% 1123/4 <L 1073/4 1958 Stamped pursuant to Plan A A 6s extl 1950 '-f D P 1st gold 4s ICeDtral of Georgia Ry— §Alst mtge 5s Nov fAConsol gold 5s /, ARef & gen 5%s series B 1999 124 1951 ACent Branch Stamped pursuant to Plan A A7s extl 118 •% 119 Celanese Stamped pursuant to Plan A (Int reduced to 2.5%) 115 116 107 Celotex 1936 A 8s external 115s/a 115% 121% .. Can Pac Ry 4% deb 8tk perpetual Zll Carolina Clinch St Ohio 4s 1963 Cart & Adir 1st gtd gold 4s 1981 2012 8s 125% *120% 121% ... Stamped pursuant to Plan A reduced // 108 125 119% *1153/4 116'/a :• • (Int. 1969 106'A 118 119% 1203/4 119 % 1953 4%s 4%s Guaranteed A (Int reduced to 2.375%)—2001 A6%s extl secured s f 1957 107 % 107 % •118% 118% 1957 4%s Guaranteed 100 *105 % 105% 107% 1962 .....1970 Guaranteed gold 5s High 95% 1976 1974 cons gtd 5s A Canadian National gold 4%s Guaranteed gold 5s Oct Range Since January 1 No. 1st M 3s Power 3yas Canada Soutnern Week's Range Period New Friday 3'As debentures , 1948 1950 1958 *105 109% 109 % *115% 1 116 — 108% 108% • ♦111 111 112% 106 % 106% *1043/4 1 — 101% 101'A 22 1023/4 1023/4 3 *104% 105'/a 116 108% 110 10 111 1053/4 107 1033/4 105% 101% 103 1043/a 104% 106% 1013/4 iVolume 164 Number 4523 THE COMMERCIAL & FINANCIAL CHRONICLE NEW YORK BOND RECORD BANGE FOR WEEK ENDING SEPTEMBER 6 BONDS, New York Stock Friday Interest Last Period Exchange Sale Price or A *v Debenture 4s A Debenture 1954 1955 — i 1955 4s A6s .1952 rets 60 55% ' J-J ref 5s 1st J- D *103 / _ 104 1st ref mtge 4s 58 58 2 , 48'- %■ J-J 82 49% V 82 ; 82 106 104 lnd 111 & Iowa 41% — •; *44 45 45 56% . ? 25 60 45 47% 12 45:,;'.. . r 86 48% 40 17 ^ 51 46 80 Vi :/< . 1975 A-O 1985 A 1st A 53 6s ref M A Income Morris & 5s , 104% 104% Af-N A 1st series 101% 106% J-J 105% 106 5s & 1993 Af-N *-: 'r,:, ' ■ 1973 A3> § J-J 1936 3s 60% 109 V4 AAssented 1955 ARef & impt 5s series B. Gen & ref mtge 3 Vis series G—1966 3s Detroit & Mackinac 1st lien gold 4s 1995 ASecond gold 4s 1995 Detroit Term & Tunnel 4Vis. Det Tol & Ironton RR 2%s ser B__1976 Dui Miss & Iron Range Ry 3Vis 1962 ISADU Sou Shore & Atl gold 5s 1937 Duquesne Light 1st M 3Vis 1963 r 54 j . 60% 6 64% , 67% 9 107% 108 „ / J-D i 105 105 1st cons mtge 3 Vis 1st cons mtge 3Vis 1st 2s Ber cons Ohio Div 1st ser 105 5 ; 105 , 1947 26 ■' ref 104% 1 80% 1976 104% 1961 104% deposit v A-O 104% 77'/a A-O 1987 J-J 1961 J-J 1961 J-J 1st 3s Plain : 1961 J-J *175 A-O *104% 105 1959 Jf-S 94% 98 % 107% 54 102 104% 107 37/a *3 4% 5% 1997 i 102% mtge income 106% 127% 124 % J-D 104% 104 Va 104 Va 115% 1907 J-D 104% 104% 104% 115 V* r- V: 83 A-O .1970 106 104% 1st & ref sink fund 5s— 5s 103% *100% r-A .1954 stamped— .1964 80 103 103 106% 100 106 98 106 Leh Val Harbor Term 106% Lehigh VaUey"N~Y Lehigh Valley,. RR— 4s stamped modified 1st & ref sink fund 5s 94 *"."-*95 ..1974 stamped P; *_. * ^ 98 101 *105% ■ 106 ~ 104 76 104 : 90 :„ 88% 108 77% J-J —1950 Af-N 89% registered stamped modified registered .49% : 2003 —- 2003 85 modified % S-N 2003 ' A O Lehigh Valley Terminal Ry ext 5s_195i Lex & Eastern 1st 50-yr 5s gtd 1965 Liggett & Myers Tobacco 5s 1951 Little 1962 i;v: 4s series A AO 57 ■Si 54% 85%. • : - 118 118 % 105% 105%' . 3-D 1952 Gen mtge 3Vis Gen mtge 3 Vis Gen J-J 107 i9o 107 J-J 1990 O. 2000 ser Corp 3s .2010 102% mtge inc 5s series 104 104 Vi 103 ;i 103% 98 987/a J-J 89% 89% 98 98 'I 98 *65 78 75 Feb debs 8% A-0 *103 89% .2003 A-O .100 .1980 Af-S .1959 If-N J-J *73 >! 1969 A-O Af-N 8% 106% * 2%s ser Maine A—,.1960 79% 1st mtge & coll 4s ser B 1954 Manati Sugar 4s sink fund Feb 11957 102 % 96% ser AManila RR (Southern Lines) 4s 99 Va 79 < 17% 104"% tIAHousatonic Ry cons gold 5s Finance Corp 2%s Household Hudson Coal 1st Hudson Co Hudson & Gas f 5s s 1st 1937 AAdJ Income 5s ? 1957 101 J-D U-N F-A Feb 1957 & ; 80% . /'i A-O ■ .. 109% 113% ><; 109% 105 106 119 102 — 87% 75 - ,105% 106% 21% 21% - 103% 89% 103 96 75 103% 105% 108% 101% 103% 102 102 21 Va 28% *100% 103 *__ 106% 102 102 105 108 105% 105% 105% 103 107 111 111 111% •; *__ 65% 1952 Sag 3%s 3%s gold Ref & impt 4%s series C 1979 Michigan Cons Gas 1st mtge 3%s_1969 mtge 4%s inc ser ; 1940 A 99% 100 ; 104 AGen mtge 4s inc ser A Jan 1991 60% 60 1990 91% 91% 63% 93% 144% 144% 10 140% 150 Mo Kansas & Texas 1st 4s 11 100 104% 104 % 64 97 99 60 106 Va 84 91% ioi Missouri-Kansas-Texas RR— 100% 109% 113 , 1971 Jan 102 5 101 -'•63% 100 *103% 1951 1st 104 101% 79% ■ 93% 93% 1959 Jack Lans & 100 J-J 1962 1949 1st 5s A 144% U-N ri 1970 series A gold 5s Manhattan : ' Michigan Central- 104 y4 101% 80 102 % 102% Corp 1st mtge 3s 1966 Metropolitan Edison 1st mtge 2%s.l974 Metrop Wat Sew & Drain 5%s 1950 i tSAMet West Side El (Chic) 4s_1938 1st 102 J-J 14 102 V4 f 79%: 93% Mead 100% 101 RR 4%s 91% 107 y4 98% Central Minn St Paul & Sault Ste Marie— Af-S *."! 116 115% 107 100% tSAMidland of N J 1st ext 5s Hackensack Water 1st mtge 2%S—1976 Hocking Valley Ry 1st 4%» iy9» 99 % 100%/ *104'/a 107 103 103% 103% 1976 *__ . M - 140% 134% 105 ' J-J 2015 1st & ref 3%s series D_._ Gulf States Utilities 1st M 2%s 102% >; 98 10% — 1975 A G— ref ■ 12 109% 110 107A 110sa J-J Feb Gulf Mobile & Ohio 4s series B Gen 127% ft J-J Q. Gen mtge 2Vis ser AGreen Bay & West deb ctfs A. ADebentures ctfs B Greyhound 136 y8 136 Va 136% *128% 133 J-J ser 2%s 102% M 3%s 118% 122% 118% 118% —1977 ser mtge 118% 136Va J-J J-J N_ 2%s J-J 1976 ri" Ji09% St Louis Div 2d gold 3s Atl Knox & Cine Div 4s— 105% 102% "' * A-O ref 1st & 101% 1973 ser mtge Gen Af-N 89 1 106 120 103% 106 % 104% 107% 19 103% 104 % 106 116 4 1167/a 116 •v 103% US 105% 107% 105% 107% 107% 105% *105% series F. 1st & 82 94 Va 136,Va 117% 120Yb 118% 105% A-O 83% 132 ^ F-A deb 5s. debentures Louisville Gas & EJec 3%s— Louisville & Nashville RR— 73% ' ■ *118 :118 Af-S 60 69 62% *131:,.. MS stamped 44 47 62 M- B gen 96% 65 55 54% M N 1949 41% 47% 44 :•••> 84% 55 j 84% AO Miami 87% , 52% 47 *__ 2003 ; . ; 41% V 44 V*: 43% Af-N 2003 Long Island unified 4s Guaranteed ref gold 4s— 1949 General 5s series C General 4Vis series D General 4Vis series E 99 *77% 80 Va 85 80% ■ ' 4%s 5s stamped 106% 100 F-A .1954 gtd 5s. 4%e ext 103% US - 96 93 FA ..1974 08% 99% ,195% 93% * 98 77 Great Northern Ry CoGeneral 5 Vis series B 102 " *95 FA .1964 stamped 5s " — . 100% 100% 100% .1954 1st & ref sink fund 5s 83 *101% 104% Goodrich 100% 100 Va , 108 100% . Lehigh Valley Coal Co— 80 98 (B F) Co. 1st mtge 2%s_1965 Grays Point Term 1st gtd 5s 1947 88 66 86 106 Deo 197B reg Lehigh Coal & Navigation S F mtge 3%s ser A 157 117% *—99% 1969 188 109 *105 J-J ' 105% 102 120 1974 debs 108% 182 A-O 1964 1961 - 72 65% 108 108% 108 Koppers Co 1st mtge 3s tAKreuger & Toll 6s ctfs & Utilities Corp— inc 123 Va 71 *61 ' Realty 107% 122 *112 120 % unguaranteed 105 104% 1997 4%s 83 % 107 % 103 149 123% 123% 108% 85 Va 105% 20 *102 Kings County El L & P 6s 3s conv 109 Va 77 28 76% 1974 Lorillard (P) Co A 4s 105% 107 Va 1 . 81 *__ - Kansas City Terminal Ry 2%s 4s General 105 103 % 109 Va 109 Va A-O 53% 155 •. 1961 Gas & Eleo of Berg Co cons 8s 102% 97 97% 104% 105 104% 104% 103% 104% 103 1971 v'"'97^: 97 —1959 103 % 5s 2000 A Certificates of deposit. Francisco Sugar coll trust 6s. 105 100% Kentucky Central gold 4s Kentucky & lnd Term 4y2s Stamped ;;; 124 % 1990 A 100 101 % 102 A-O 120%122 y4 — • 120 —1953 5s series 103 % 103% 103% 101% 104% 106% IFlorida East Coast 1st 4ViS———1959 & J-J 1975 4s A 1st Af-N 101% 101 101% 101% 101% J-J 1952 106 % 106 % 4%s . 97% 100% 106% V . 98 75 /;• 40 105% ♦121% 1964 Firestone Tire & Rub 3s deb 92 A-O 59% 93% T-o A 1st 2015 mtge 3 Vis 63% 1950 110% 105 ,'.'* 48**:." 105 of Kansas City Southern Ry 1st mtge 4s ser A 109 114 . 1965 G 59% 45% 94% 102 H ser 63% 63% •105% 106% F 92 J-J City Fort Scott & Mem Ry— > J A Refunding gtd 4s 1938 76 106% 107% 12 ' 117 ; *35 *155 Geu mtge inc 4Vis series A 1st cons mtge 3 Vis ser E—, 60 Kansas 29% 29 Vi 106% 109 'rrs , 65 94% j-J ;;*:;: J-J .8% 57% 9 108 Va 117 94% A-O 8% 115 ' 108% 70% . •50 117 Af-S 80; 259 63 *65 •t.v- Af-N 79% 63% 130 ; 9% 108 108% j-d 61% 6 107% 107% 1956 — 21 64 110% 109 126 10 57% 57%' . ti .11 stamped Erie Railroad Co— 25 60 73% ACertificates 8% Electric Auto-Lite 2Vis debs_ Elgin Joliet & East Ry 3%s 5s 54% 21 64 1972 Jersey Central Pow & Lt 2%s Jones & Laughlin Steel 3%s Lautaro Nitrate Co Ltd— Ri Paso & S W 1st 5s 98 66 24 J-J 1944 Lake Sh & Mich Sou gold 3%s 3%s registered East Tenn Va & Ga Div 1st 5s Ed El 111 (NY) 1st cons gold 5s. 73 1958 gold 5s series C lAlnternat Hydro El deb 6s Internat Paper 5s series A & B Int Rys Cent Amer 1st 5s B Int Telep & Teleg deb gold 4%s ' 9% J-D 1970 j 128 67 9%: U-S Gen & ref series H 66 A-O Kanawha & Mich 1st gtd gold 4s—1990 A-O A-O V- 109%; 61% 64% F-A Detroit Edison 4s series F. 99% 104 — 63% 109 63 fM&Am ••*;* — 6 55% 60% J-J RR— f 5s s 185% 107% 108% ' 72 104'''. 106% 98% 107 % 9 35 100 *50 JDenver & Rio Grande Western RR— AGeneral — 107 J-J * 100 1936 Light 107% *97 • A-O 1958 B__ series 96% 92% J-D 1952 A. James Frankl & Clear 1st 4s Af-N May 1 2042 Power V:< ;?,* 98% 100% ,; , 98% J division JDenver & Rio Grande 5 A 1st consol 4s e 5 A Consol gold 4 Vis -. • 98% \ - Coll tr 4-6s Delaware A-O 1973 mtge due Essex ; C ser 17 102 57 Adjustment 6s series A—July 1952 A 1st 103% *103% ./ Y, Lack & Western div 1st & 103 J-D Deere & Co 2%s debs 1965 Delaware & Hudson 4s extended 1963 Delaware, Lack & West RR Co— N 103% 86 J-D 3-D J-J A 1st Dayton Pr & Lt 1st mtge 2%s Dayton Union Ry 3 Vis series B 106% 1983 gold 4s Indianapolis Union Ry Co— ; Ref & imp 2%s series C— 1986 Inland Steel 1st mtge 3s series F—1961 ^International Great Northern RR—. % 53 Vi 44 High Bi y4 1963 1970 —1050 D ser Illinois Terminal Ry 4s ser 102% V Low 137 1st & ref 4%s series C—— 108% 102% 103 - Ranee Since January 1 Sold No. High 3-D 1963 series A ; 3-D .1946 deposit Joint 75 '104% f 32 Low 76 ' Bonds or Friday's Bid & Asked HI Cent and Chic St L & N O—* 76 55 Week's Banff* . Last Bale Price High 55 "\ ' 104% 105 .1946 deposit rcts__ B ser *LJ-k 104% ; receipts A ser ■ 53% 57 41% ACuba RR 1st 5s gold A7%s •— U-S Low No. *_.' J-J ';v Consumers Power 1st mtge 2%s_1975 Continental Baking 3s debs 1965 Crucible Steel 3%s s f debs -1955 lACuba Northern Ry 1st 5Vis. .1942 ADeposit receipts. ADeposit W J-J Friday Exchange January 1 Sold High Stock Interest Period York New Range Since Bonds Friday's Bid & Asked Low t A Consol Ry non-cony deb 4s BONDS Week's Range 102% 101 101% 'PS 'V 13 78% 83 % 91 % •'■*•• 1 -110% 1107/a 70% 78 y2 110% 113% 69% 72 108 66 34% 325 30 1962 88% 91 88% 101% 1962 81 81 81 1978 83 85 83 98% adjust 5s beries A—Jan 1967 88 95 88 114% 85 76 102% 37% 29% Prior 80% 32 *:;:^33. *7 Prior lien 5s series A 40-year 4s series B 94 lien 4%s series D 96% 45 , A Cum - ^Missouri Pacific RR Co— A 1st V 76 : 1688 Af-S 1977 4s F-A ...1975 & ref 5s series A AGeneral Af-S 76 ""86% 76 103 1978 U-N 76 85% 76 103 1949 1980 1981 -Af-N 20% 25 A-O 75% 86 F-A 76 86% 76 87 86 > 29% ' A 1st A 1st Illinois Bell Telep 2%s series A 1981 1st gold 4s 1951 J-J 1st 1951 105 1st gold 1st gold 3%s 3s sterling gold 4s lines Collateral trust 3Vis 1952 U-N gold 4s Litohfield Div Louisville Div Omaha Div 1955 100% 1st J-D gold 3s 1951 J-J gold 3s 1951 99 94 96% v* V4 * 82% * * ♦ 1951 J-J F-A see page 1349. 104 Va Moh'k & Malone 1st gtd gold 4s Monongahela Ry 3%s series B US 86 F-A *105% 94 Morris 2000 3-D 65 66% 65 9 99 106 Constr 1955 U-N 76% 78 76 Va 89 % 11 94 104% Constr M 4%s series B— 68% 83% 23 105% 108 Va 82% 97% 102 MM 106 MM 104 100 102% Morrell (John) & Co 3s debs — 100 ' 119 *90 * — *22 — footnotes * 104% 87 103% '20% 46% 75% 103 107 Montreal & Tramways Essex M 5s 1st 5s ext gtd 3%s series A 102 3-J 1955 Mountain States Tel & Tel 2%s 1986 Af-S 1947 ; U-N 11-Jf 70% 100% 100% 68% *104 106% 100 103 102% *103 U-N Mutual Fuel Gas 1st gtd 5s... 106 — 102% 103% 74% 100% 102 % 103 Va 110 103% 106 102 102 Va 103 99% J-J —1951 G 108 MM Western Lines 1st gold 4s series 99 Ve *106% ■/' 104% ' 13 8 107% 107 Va J-J Springfield Div 1st gold 3y2s For Va 100 84% F-A -—1951 Gold 3%s Registered 100 99 95 J-J gold 3%s_1953 gold 3s 1951 St. Louis Div & Term 5s & 1991 1966 1951 1958 — —- 100 99 F-A & Term ref gold 5%s ref gold 5s series H A 1st & ref 5s series I A 1st 64% 110 •' ' ; 99% U-N 1966 —1950 108% 103% *'" - U-N — 1st 103% *68 ' 40-year 4Vis Cairo Bridge gold 4s 104% 105% * J-J 1953 12 *107 ; A-O - ——1952 Refunding 5s ' Af-S Refunding 4s Purchased 105 Va A-O 1955 Collateral trust 1951 —1951 105 p J-J Extended & ref 5s series F AConv J-J Illinois Central RR— gold 3%s & 106 103 101 102% 102 106 Va MM MM 105 105% 106% 105% 104% 105% Nashville Chattanooga & St Louis— 1988 2%s debs.1970 3s 1965 JANaugatuck RR 1st gold 4s 1954 1st 102% 10274 103 Va 105% 106 % /«— mtge 3s ser B National Dairy Products National Steel 1st mtge 102% 106 % ' 107 % 107 % 103% 105% 106% 107% 110 102 Va 102% 103% THE COMMERCIAL & FINANCIAL CHRONICLE NEW YORK BOND RECORD RANGE Friday BONDS New York Stock Interest Exchange FOR WEEK ENDING SEPTEMBER 6 Week's Range ..East or Sale Price Period Friday's . T BONDS Bonds v Bid & Asked Monday, September 9, 1946 Range Since ' Sold New York Stock January 1 Friday i Interest Exchange Period' ; Week's Range Last or Sale Price Friday's < Bid & Asked 1 < Newark Consol Gas cons 3-D 5s——1948 ISANew England RR gtd 5s r 1945 5 A Consol gtd 4s If™ New England Tel ft Tel 5s A 1st gtd 4%s series B J-J 3-J / 1052 1961 1052 1953 4%s gtd 4s New Orleans Term 1st *107% 103 — V/« 98 98 'r ■ 96 Low ; • — 3 J-J j-j f 107% 107% • -s- iKiol 107 107 J-J V '■■■:*; 108% 9 110% Peoples Gas L & O ref 5s 105 % Peoria 98 2 6 High 108 % No. y,; ,-, 99 95 ■ <■: 95 :yV;109% 109%r -v ,7'. •jf-N • 125%: vi25%i25%-;:-a2' 7-A " v;. ;i ,*__ "114 X Mf-s •" —1 *108% ii'i: , 1083 N Oft N E 1st ref ft imp High J-D N J Junction RR gtd 1st 4s1988 New Jersey P & L 1st mtge 3s_—1974 New Orleans Great No^ 5s A Low r% Low A 103% & Eastern Income Pete Marquette Ry 118 118 107% 110 Phila Bait & Wash 1st gold 4s— General 5s series B ■' General , 107% — 5s of series my« 5s of ACertificates A 1st 4%s of series 5%s 96 deposit 94% series deposit 106 89% -1958 of N Y of 1954 deposit 102 107% 104% 104% — 104 Central RR 4s series A 1998 79% 84% Ref 79% ft impt 4%s series Ai 2013 84 86% 84 Ref ft imut 2013 93 95 5s series C N Y Cent ft Hud River 3%s 3%s registered Lake Shore coll gold 3%s 1997 New York 4106% 107% 1974 105 —. u"r 1st mtge 3s F ser N Dock Mtge 4s series Mtge 4s series 82% 817/e 971/2- 80 80 93% N Y Lack & West 4%s series B ' 1948 *109 Ve 114 *100 *109 2043 *,_ — 1973 86% 87 86% 96% 96% 96% deb A Debenture AConv deb 6s 78 '•44-.. '75 - 53% 60 83 53%' /' 93 22% 28 y8 22% 97 103% 102% 105% 127 98 X 97 : *103% *127 127 r *127 *118% —1977 1964 *105% I12 -112 1st M 3%S—1986 3%s i __ ioi 100 105% 107 — ^1977 112 113 - 18 108 ; r 108 110 Ve 107% 107% 109 112% 107 y4 110% *lo9% :—1966 1972 51% 55 7 - r 2037 *163y8 2037 ^ 160 *245 — 165 051% 250 ~ , - 51% "107 107% 19%--21% Quaker Oats :2%s deb. • 81 19%. /• ' 6%';7%i 80% 26%; 15 %Y 102% 103% N Y.Queens El Lt ft Pow 3%S-——1985 N Y Steam Corp 1st 3%s 1983 - 111 .107 402% 80% 108% . ♦104% 105 105% 105% «AN. Y Susq ft W 1st ref 5s———1937 IA 2d gold 4%s 1937 IA General'gold 5s 1940 jATerpiinal lst'gold 5s_^i—1—1943 A 1st cons Rochester Gen mtge Gen mtge SiAR I Ark 2014 1946 ft coll trust 4s A Gas Gen mtge Gen mtge 1960 Norfolk Southern Ry Co— 1st mtge 4%s series A A Gen mtge 5 s conv lnc 99% .—i960. 102% 104% 106 115 V2 JIARio Grande West 1st gold 4s_'. 1939 ... - tf AN Y West ft Bost 1st 4%s Niagara Falls Power 3%s 105% D—1995 107% 104% Reading Co 1st ft r6f-3%8 ser Revere.Copper & Brass 3%s—^ 90% 104% 85% 106% ft 68% 1940 88 Eleo Corp— 4%s series D_ —1977 3%s series H .—1967 3%s series I— 1967 3y4s series J— —-1969 ft Louis 1st 4%S— 1934 lARut-Canadian 4s Btpd—r SIARutland RR 4%s stamped 125% 12$% 109 109 108% 108% 108% 109% V48 \ 14 1949' - 14% .1941 74 20% 24' ' - 1098 / 100% ./ 135 143 1974 138% 143% .—1974 ' 131% 133% Northern Pacific Ry prior lien 48—1997 48 registered registered 114% — . 114% 115% 110 110 78% 79 2047 A . 71 104% 104% *100%- — *94% *75 113 < 82 127% ,110 80% 122% 78% / — - *99 ; 1997 Jan 2047 Gen lien ry ft Id gold 3s 103% 52 Norfolk ft Western Ry 1st gold 4S-1996 i •102%.» — ; 94% 90 y4 82 2047 101 100% 104 y4 100% 2047 102% 102% 112 2047 102 % 102% 106 102% 106% ——.1975 103% 102 ya 104% 110 102% 112 102% 106% Power Co— (Minn) 1st mtge 2%s 1st mtge 2%s 1974 103 103 1973 (Wise) 1st mtge 3%a 103 <102% 103 1984 107%' 109% 120/ - 107y8l07ye 100 93 76 93 - 105 85 114% 114% 63J/a 52 JOgdenBburg 105% 106% ft Lake Champlaln Ry— A 1st guaranteed 4s .Ohio Edison 1st mtge 3s 1st RR 3s 102: 101% 106% 106 y4 104% 107 y4 109 109 108% 109/a 1 inc J-D 1971 < J-D 1977 •/." 108% «•» J-D — J-J MS cons 68-1949 , — A-O , . General 4yas General 5s series see 107 107 107 ... page 104, 108% :• !"•-< • < 108% 114% 104 108% 98 108% c 98/2 102% 105 ^ ,, 106% .94 94% 94 90 89 / — 104% F-A v?. <93% 97 105% 105%/ 104% 104 Vi 109% 123/4 104% 107% 103% 105% ' 145 120% 128 126% 135% 104% 104% 107 109% 104% 107 104% 104% 104% 106% 131% 103 107% 126 51 104 67% 107% 99% 121/a 122% 121% 128% 130% 1307/a 130% 139% A-O 121/2 98% * • • ■ 121% 135% 121% 121% 121% 135% 104 104 105 104% 106% 104 111% 104 105 A-O J-J 121% 122% 121 Vz J-J ■ ■ 93%. 116 105% 130/8 - 89 130 121V2 , / 90 93%. 94% 102% 113% J-D t 107 105 126% 126% JMf \ Af-N 1984 98% 110% 111% J-D 1952 108 104 106 106% 111 ■ 1981 108% 112% 105% 106% 98 103%' 105% 100% •'1Q2 104% 108% 108% 102/2 A-O y 1981 1349. ; 94 — 1968 F— . II Ill 1968 B ser 107% 107 i08% 108% lllYa 104 „ A-O 1960 General 4/is series D Gen mtge 4/iS series E— Conv deb 3%s — For footnotes y; Jf-N May 11948 A 107% 104% J-D • 1948 series Gen mtge . 108% 109% ' 108% 108 104% r'< . 1938 4o 110% 110% *108% ^ " ,,, Pennsylvania Glass Sand 3%s 1960 Pennsylvania Power & Light Co.— 1 1st mtge 3s 1973 3s s f debentures 1963 gold 107% • ; 1960 4s sterl stpd doUar Cons sinking fund 4yas 107% *104 . Pennsylvania RR—. 109% 108 7/8 104 • J-D 1988 1955 debs : — 106% *— 107/a 107% /• J-D 1979 : 108% 109% J-D 1974 - <. J-T) 1970 Co— Gtd 4s series E trust ctfs Conso! « , 1966 Pennsylvania-Central Airlines—: conv 29 108% 106 Pacific Tel & Tel 2%s debs Paducah ft 111 1st s f gold 4%s, Paterson ft Passaic ,3% s 132% 106 *101 ref M 3s series M ref mtge 3s ser N Pennsylvania . 101% 1978 1st ft ref M 3s series K 1st & ref M 3s series L Q ft E 21 105% A—1969 ser Gas ft Electric Co— •1st & ref mtge 3y2s series I 1st ft ref mtge 3s series J 1st & 21 106% 106% 101% 102 / 1973 Pacific •1st & 21 1974 Oklahoma Gas ft Electric 2%s Oregon-Washington 129 % 1948 mtge." 2%s 105 105% 104% 107% ■ v r- 45% ; 23% is :—1957 50% — Northern States ,;-,102%. 96 83 83 y2 : 1954 Ref & impt 5s series C Ref ft impt 5s series D Coll trust 4%s— / 103% 98% , — 83 !AN Y Ont ft West ref 4s—June 1992 AGeneral :4s _—i.—i-k-1965 Y Power ft Light 1st mtge 2%s_1973 N Y ft Putnam 1st cbns gtd 4s—1093 Ref ft imot 4%s series 101 106 106 . ' Alk ft ref 4%s series of 1927—1967 lAHarlem River ft Port Chester— ;3s 99% 101% 96 105 104 102% __ JAProvidence Terminal 4s———1956 75 V4* 78 1957 North Central gen ft ref 5b Gen ft ref 4Vas series A El Pwr 1st mortgage Public Service El ft Gas 3y4> 1st & ref mtge 3s 75/; 1940 4s 104% 100 y4 77% 51% 44'/21 '46 1948 ; 4s 1051/4 109 102% . 105 105 —1974 ; inn deb-—-. JAProvidence Securities 4s 96 46 1950 1A Collateral trust 6s gen 5s series C 4%s series D_; -»Plttston Co 5% - 103% 46 v certificates 3%s——1956 4s *105% -—-1960 1st ft ref mtge 5s 1st ft ref mtge 8s <N Y New Haven ft Hartford RR— ANon-conv deb 4s 1047 / ANon-conv deb 3%s —1947 ANon-conv deb 3%s —1954 ANon-conv deb 4s 1953 A Debenture 109 118% 115% 115 y4 115 119% 1073 ANon-conv ist % Potomac 1071/4 112% , ... 111% 1st 105 113 t — , 1st mtge 4%s series O — 103% 104% ,1959 L 142 . ———1965 Pitts Young ft Ash, 1st 4s ser A—1948 lit gen 5s series B ——1962 104% 107 / 1091/4 ;;, T07y4 101V* 2000 2043 4s series A 105% . *102% Steel 1st mtge 4.%s series B 134% t 1st mtge 4%s 1 -19.50 mtge 4%i series B -1950 Pitts ft W Va 1st 4%s series A——1958 106% 102% 104% 102% 102% 105% 105% .1949 B 101% 102% • 1st 101% 106 h 98% 100% 99% r.- 3%s_1964 Coal— — Pitts • 135 1381/4 :131% *106% 107 1975 Pittsburgh Consolidation 3%s debentures 1965 A 134 95 1986 — 131%' *133 • 123 134% 126% *130 .E 122% 120% 127'/a „ L—-—1975 100 *_,. Purchase money gold 4s N Y .& Harlem gold 3%s ser 121 ■: —_—1970 87 1951 1st Gen. mtge ,3% s rij. ••—.' guaranteed A%s__1964 cons 85% gold 4s N Y Edison 3y4s series D 1st lien & ref 3%s series E N Y Gas El Lt H ft Pow geld 5s 1st 105% 117% *J 75- J Gen mtge 5s series A Gen mtge 5s series B- 981% 102% 121 *127% 86% 102% 103 * 21 1051/4 106% *119 Series H cons guaranteed 4s—1960 Series I cons 4yas —1963 Pittsb Coke & Chera 1st mtge 1975 V • 26 103% 1949, 1141% B ser 107 15 1957 109 i/a 99 Va 1986 Connecting RR 27/8s 107 1041/4 , guaranteed 99% 101% 101% 108 104 % 104 % 104 % 104% 104% <104% 108% 104 % ... 135 105 7/s 1953 4s 80 1980 105 142% 131 .•.. 1964 96% V 85% • 17% 82 ' 105% 137 *135 1937 87% 1998 E ser N Y v '106% P—,—1067 8 Jeries E 3%s gtd gold—i F 4s guaranteed gold Chicago ft St Louis— Ref mtge 3y4s . 2%s rqf 2%s_ 98% *__ . /• ref ,M 83 107% » Seriis , 99% 93 99% 100% 1997 3%s registered 1998 Mich Cent coll gold 3 Vis——I—1998 3%s registered 1998 Y and 94 ' 104% io4% 104 % 1977 Series G v.; 95% 95% 109% 96% 107 % ; 46 , -r Series ACertificates 75 % 1974 Pittsburgh Cine Chi ft St Louis— 94% A— 50 High 106% * 77/a 46 K ■ Low 103% 106:- 1980 f 4s A Certificates of deposit Phillips Petroleum 2%s debs 108 46 January 1 '> — 75% ■ • Range Since Sold No. 106 94% 1056 D ACertificates A 1st 1054 '. ft 1st deposit C_ series D ser gpld 4%s series C— $§APh'ilippihe Ry 1st 81% 92'/a 64% 90 92J/4 109 1—— B— -ACertificates A 1st deposit 3%s Philadelphia Co coll tr 4%i_, 1961 PhUa Electric 1st & ref 2%$,—,1971 107108 % 75% : -Apr 1990 —_ 127 ya 105% 108 ••••"<• Bonds Pekin Union Ry 5%8——1974 Peoria & 125 y4 . *103 % 1960 114 Mi 1st ^Certificates L ext 109% tNew Orleans Teras ft Mexico Ry— fANon-cum inc 5s series A—1035 A 1st 4s 4s 1947 High 105 107% 106 ;! ?»:•' 1349 CHRONICLE THE COMMERCIAL & FINANCIAL .Volume 164 * Number 4523 NEW YORK BOND RECORD Friday BONDS Interest Last Period Exchange JNew York Stock Bonds Bid & Asked Low 5 Low Texas & deb A-0 1905 ser B 1970 i - , 1st & ref M 3%S ser C 1990 A-O 2000 1985 j -j ref M 105 Va 108, - j-d 3,7/s6 ser E Texas Pacific-Missouri— •• 1st "97% 97 3Vi8 ser B mtge 104 j-d 1970 ■•99 Va income 5s Jan 1960 Tol & Ohio Cent ref & impt 33/4 8__1960 Trenton Gas & Elec 1st gold 5s 1949 A-O Tri-Continental Corp (subordinated) •109% MS 2%s debs—1961 110 110 Western Pacific inc ser A—2014 May 101% 103 Western Union 105% — 4VaS Telegraph gold 25-year 5s 30-year ,5s Electric Co 1st & M coll of Mo 1971 Af-N 1975 3%8 23/4S tr 103 % 1Q 103 • 112% West Shore 103 4 A-0 107 34 Registered Wheeling & Lake Erie RR 4s Gen & ref M 2%s series A - ISAUnlon Elev Ry (Chic) 5s Union Oil of Calif 3s -1945 debs 1967 1st & land grant 4s. J-9 F- A -1991 MS 97% — -1966 Universal Pictures 3%s debs -1959 MS ddbs 104% 104 107 Va "106 55 103% 101% 104 % 101 11 101% 101 104 99% 99% *99% 99% 97% 5 98% 103% 103% — 105 Va 102 29 97% M-N 23/4S 104% 102% — 102% *105 A-O -1976 Biscuit 103 103% 102 10? U S Rubber 2%s debs . *103 — -1976 mtge 2Vis series C United J-D .1947 27/es debentures a Ref — j-j 1970 2%s debentures Union Pacific RR— 34% 103% 103% •— • A-O guaranteed 1st 4s 109% 34 110% 110% - 109 111 101% 104 % 101% 116% j-j A-O 105% 1949 j-j a Cons f 4s series B s M-N Virginia Electric & Power 1st &, ref mtge.2%s Co— f.i Va Iron Coal & Coke 1st gold 58—1949 Va & Southwest 1st gtd 5s 2003 1st 58 cons Virginian Ry 3s 122% 123 109 108 lT-N 25% 87%' 30 25 Va 51 29 101 102% 109 110 *109 j-j 56 29 101 29 101 ; j-d 90 81 Va 78% Odd-lot Bale not fCasn sale e range. 107 % ^Companies reported as being In bankruptcy, receivership, or the Bankruptcy Act, or securities assumed by such companies. 106% 113 - A-O Af-N price represented Is the dollar quotation per 200at the exchange rate of $4.8484. v reorganized under Section 77 el :w sales being transacted during current veek. § Negotiability impaired by maturity. tThe pound unit of bonds. Accrued interest payable 115 j-j 1993 ser B 104 100 Af-s; ,—1958 106 Va 103 Af-S 1975 E ser 123 80 75 r ♦ not included in the year's range, F-A g 4s series A. 106 75 Deferred delivery sale not Included in the year's range, d Ex-interest, n Under-the-rule sale not Included In the year's y Ex-coupon. r, .. : , ■ cons 108 103 103 103 *118 j-j 104 117% *107 Af-S 91 109% 99 Va *99% 100 U-S 1958 1960 94 Va 75 107% Included in the year's range, Vandalla RR 103% 80 *107% MS |ASu & Du div & term 1st 4s—1936 .■/ ACertificates of deposit Wisconsin Electric Power 2%s 1976 Wisconsin Public Service 3%8 1971 101 Va *101% 102% 80 Va y so 75 76% 108 108% 100% 103 M-N 95% 95% 100% 102% Af-S j-j 109 97 103% 102 j-d 1970 t § A Wisconsin Central 1st 4g : ACertificates of deposit 107 Va 106% Af-N 1992 Wheeling Steel 3% series C Wilson & Co 1st mortgage 3s Winston-Salem 8 B 1st 48 117V4 105 Va 108% 108% A-O 1951 2361 2361 1949 Westinghouse El & Mfg 2%s Union 114% 104 106 108 ya j-j 1950 1951 1960 104% 105% 105% 108 1081/4 105% j-d Co— Funding & real estate 4%s 68% 102 Va 102 Va 115% *115 110% 59% 65 Va F-A j-d 107 % 106 103 Va »— Q-Af 104 82% 105% 1948 A—1970 .1950 Gen mtge 3%a -—.-1967 West Penn Power 3%s series I 1966 Western Maryland 1st 4s— 1952 51% 102% 102% 62% 62 % 103 105 % 105% j-d gtd gold 3%s—2000 106%, 99 106% 107 F-A Washington Central Ry 1st 4s Washington Terminal 2%s ser Westchester Ltg 5s 8tpd gtd 88 Va 152 99 99%- A-O 106 102% 102 102 % 4 debs Warren RR 1st ref 66% 56 Ya 59 5%s 152 Va 97% 100 Af-S AdJ Co 92% I®2 90 99 19 90 ' ' 102% 103 F-A Af-N 102% 105% 105% 105% J- j 90 Apr Range Since January 1 Low High Sold No. 97% :*—" Apr 3V4S-1976 138 140 103% 104% ■ Baking Ward 101 97 99%" ; Ml40 104% 101% , pac Tenn RR of New Orl 3%$—1974 Third Ave Ry 1st ref 4s 1960 A i • A-O & AGen mtge *103%104 ;7: ref M 3%s Gen ■ A Gen 109 Walworth Co conv debentures & Texas & Pacific 1st gold 5s ' 137 Va 105 106 Vi 107 ' ■ '•■>••. RR— 1st I 129% Jo5: • ■105 %" —; 105 % 1981 1991 1971 mtge 4s inc ser A Jan inc 4%s ser B__Jan 131% 131% Af-N —— Orleans New J-J 198S & Imp M 4s ser C_ Ref & Imp 27/ss series D Bonds High High Wabash RR Co— 2019 Ref Texas Corp. 3s Sale Price Low Terminal RR Assn of St Louis— >, Last Period January 1 No. High•; Interest Exchang* Stock Fork New Range Since Sold Week's Range or Friday's Bid & Asked Friday BONDS Week's Range or Friday's Sale Price , 7. • SEPTEMBER 6 FOR WEEK ENDING RANGE •Friday's bid and asked prices; no V selling flat. ABonds NEW YORK CURB EXCHANGE AND WEEKLY In the following extensive list we RECORD YEAKLY NOTICE—Cash and deferred delivery sales are< disregarded In the week's range unless they are the only in a footnote In the week in which they occurs No account is taken of such sales in computing the range transactions ef the week, and when selling outside for the year. the Curb Exchange itself, and is intended to , „ „ ' , , andi ending RANGE FOR WEEK ENDING beginning on Saturday include every the New York Curb Exchange for the week furnish a complete record of the transactions on the present Friday .(Sept. 6). vIt*<is compiled from the daily reports of security, whether stock or bond, in which any dealings have occurred during the current year. Aug/ 31 the regular weekly range are thouna ; SEPTEMBER 6 ' 7J * K' New York Curb Exchange > r STOCKS li. Last -y Sale Price 7 of Prices M Range Since Jannary 1 Shares ; Aluminum Alloys—. V/ire Acme A Co '5% 14 1 10 common 5% ' £ 1 .f 15% .*5% "*5% - —1 4 '' ■■ ———8 12% 14% Air Investors 14% :—1 2 common 10 37 Mfg Corp common 60c convertible preferred Air-Way Electric Appliance —50c 10 3 Alabama Great Southern Power 4.20% Alabama Airlines Alaska i Inc Alles <fc Fisher common Allied Allied Products Altorfer Bros (Mich) Co Ltd Aluminium 114 22% 1,000 XU2 21 20 20 20 21 156 176 i .100 - xll2 164% • ; Feb Aug Jan Jan 9% Jan 133% Jan : Coast Line warrants Plywood Corp May 16 Jun Automatic Voting 1 Feb 48 Jan 17 Sep 29 May 15 Mar 63V8 90% July X112 Jan 121 Sep 116% n .... 50 11 Sep 115% Jun 113/8 1 3% 100 57 V* American Beverage common Book American Central American Cities American Mfg 1 & Power class Convertible Class Co—— > 67Vt 13 15% 55 j j 13 400 50v4 56 2,500 55 li 15 3% Sep ' 330 450 55 5 j —25 25 x50 > 1 7% x50 10% 3,900 /'• 70% 7% 26 30 10% —B 28 1 4,900 ;■/ 800 ■>. :/r 7% 7% 300 27,500 12 14 I Sep 27 Va "Jan 9% Sep 14% May 10% Jan v-';'-2 Aug 12% May ; 33/4 Feb 11% Jan Sep 16% Jan Sep 91 Jan Sep 13% Apr Jan 38 % Maq ;;■//10% Sep 18% Jan 7% Sep 10 V2 Jan 22 V2 Jan :: 6% Sep. 600 200 -14% "5% •//v.: 65 6% 24 MM 14 / :• Sep • V 25% Feb 28 Apr 26% Jan 41 May 37 Sep 40% Sep 12 Sep 10 > : 200 37 43% 5,400 40% 43 ■j.'iiY.-T Babcock & Wilcox Co American & American Fork Gas 4% % $2 & & Hoe General 2 - 1% • 8 4,600 50% " . '• ,2 /; ' ; IV2 17,000 21 44% 20 7,100 Corp ~3V4 ~3% • 1 . "3% 491/4 100 common preferred $2.50 convertible preferred 50 1 ; Jun 47 500 29 July 3 '/8 6,500 5% Sep 40 1,400 40% 63% May. Sep 109% 20 41% —10 100 convertible 6% Sep 45% Sep Jun 49% Apr Jan 5% Jun Sep 51% Jan 113 51 Feb' Jun Rubber Co 413/s 300 common— Jun Feb 54 American shares Steel Corp Barlow Seelig & July *8% r7%' ^01 00^ 20,500 7% 21% 21% 23% 650 19% 6% 8% 3,900 6% S) Aircraft Bellanca Tel of & Benson Corp Shoe common common Convertible American Hard Rubber Co American American Laundry 25 Mach_ 23% 20 _ 37 21% 25 « 21% / 25 : 25 Light & Trac common 16% /; 21% 37 1,100 Sep 27 ./'Aug 34 250 23% 34 '* Sep 46 Jan 21% -23% 28% 28% 600 28 800 16 Birdsboro Steel Fdy Jan Blauner's 24 Sep 1 1 1 —2.50 1 1 American Mfg Co common Jan/ Blue & Mach Co Maracalbo Co 1 - American Potash & Chem class A—* J Class B American • Republics 10 — $6 2 1 100 ' Seal-Kap common Corp com— series preferred Superpower American Thread 5% American preferred Writing Paper Post Products Anchor common Anglo-Iranian Oil Co Ltd— Am dep rets ord reg • •i— 38 40 37 33 39% 15r 15% 16 ' ; , Sep 15% Feb Sep 17% Feb Bridgeport Oil Co 57% May 15 Sep 24% May 6% 7% 500 6% Sep 11% Apr 1% page 2 . 56% :2% 66,100 1% Sep 3V2 Jan 63% 5,500 54 5% / — ■*— /•/.", — , /' 6 ' 8%- '9% 8 *9 7,600 43 800 9% 10% 5% 5% ' 2,000 2,000 — 1 — • Jan 9% 89 Jun 7% Feb pfd—100 1353, 9% 9% 5 1,200 .— Mar 35 7% 21 16% July __ — 1 see i-7 Mar 7% . 111% Sep Jun 6% , 48 Va 9% May Mfg Class Co common British American Apr British Sep 116% Aug Am Am * A Feb-- American rets Jan 1,300 3% Sep 4% . 290 165 22 210 20 Sep " V-' 35 //■'. 35 30 135 3% / reg— 2% ,19% v 30 47 Jan 49 Sep 6% Jan Sep 56% Jan 500 800 ■ 55 Va July 25% Jan 45 ; Feb 39% 135 Mar 19 Jun 1,700 2,400 19 Sep , 20% 22 19 21 4 ' £1 Jan 65 Jan 31% Jan Apr 27% Jan 31% Feb ' ~8 — 18 600 21% 25 1,800 5% Feb y\:. V 300 Sep Feb 31 Feb Sep 12% Apr 18 Sep 24% Apr 33 ~8% ~63/4 4 31 4% Feb 36 Jun 23% Apr 27 Aug 6% 19% Aug —__£1 Jan 70% May 150 Mar 40 6.300 / 39 4% May 3% 21 20% Jan 24% Jun./ 16% Feb 54% Aug 53 20% 6 Sep 54% -r,y 138 Jan 400 32 28 135 49 100 . t Jan 40 Va Jan 10 Feb July 34 % 23,800 4% 543/4 543/4 203 > Sep 600 1,200 -. 39 55 Tobacco— ord 19,200 3% 23A Apr 33% May '9% Sep 3% 4% 39% • Jan 20 190 % 194 25 * • Oil Co dep rects ord bearer dep Apr 21% 37 8 Sep 22 1,500 5% 37./ Feb Sep 33 3,100 26% 33/4 com—* 12% 38 s 6,400 50 Jun 57% May > 32 25 12% Sep Sep Jan 293/4 25 23% Sep 57/a Sep 30 10 8% 325 2% 37 Sep 22 5% 40% 800 11 10% 1,600 26,600 100 1 2,300 ;v3% 2% 37' Brillo £1 common Appalachian Elec Pwr 4%% footnotes • ' 5 v' 1 Angostura-Wupperman Apex-Elec Mfg Co common For : 2 Angerman Co Inc common New 3% —■. July 175 11 —• * —1 1 $3 optional convertible preferred • $3 opt conv pfd called * Blumenthal (8) & Co • Bohack (H C) Co common * 7% 1st preferred —100 Borne Scrymser Co 25 Bourjois Inc * Brazilian Traction Lgt & Pwr-.— • Breeze Corp common 1 Brewster Aeronautical i Bridgeport Gas Light Co • - American Amer 1 -• American Meter Co common Feb May 12 27% ■ July 12 32 11 •22 Ridge Corp common—. 25 Jan 25% 27% 193 " preferred 6% American 510% Jan- Sep 17 —* 29% May Sep 21% 4,000 Blckfords Inc common 32% M July 161,/ 17% preferred Berkey & Gay Furniture Mar ' 100 Canada Hedges Jan 12 Feb T3/8 Aug Sep common——■ (L) (A 1 03 —I Beaunit Mills Inc Bell 1,500 / 1 —— & Co common Beau Brummell Ties new com Becx .13% Mfg— $1.20 convertible A Basic Refractories Inc Bauman 12 12% 1 los Andes— de Barium Sep 52 Jun 11% Apr . 13,800 20 • common Electric- preferred American •' Foreign Power warrants- American 45% : 48 10 common 6% ——30 7%preferred Baldwin Banco 55 Si Jan Jan ' Class B„._ Cyanamid Co Apr 221/4 Jan Sep 50% 47V2 - American 5% May 76 Sep Light— A— A / 1 800 *3% 3% 56 Feb 15% Baldwin Locomotive— : Jan Jan 207% Aug 114% May Jan . 1,200 6% 6V4 —1 Machine———• . Apr 10 Feb 26 107% Aug 50 8% 65 —1 Ayrshire Collieries Corp...,. 8V4 ' — Avery (B F) & Sons common M 6% preferred Jun 4% Sep Feb 25% 20 Sep 19% Aug 400 Atlas ' "2% 6V4 Products Automatic "2 80 Co Atlas Corp 12 600 ,108% 108% — £1 • Associated Tel & Tel class A —* Atlanta Birm & Coast RR Co pfd—100 Atlantic Coast Fisheries 1 Jun 8 r../ 5,700 / dep rects reg— Associated Laundries of America American Atlantic 20 15% Sep 3,600 19 High « ■■■■•>; Sep MM14% 1,000 9%' 11% 10% —1 Associated Electric Industries— 15% 18 —.2.50 Ashland Oil & Refining Co 11% Sep 1,780. 10 v 10% 113 1-113 preferred-* Equipment Corp Sep 8,900 • common Aro 22% Sep 6% - 1,350 72% • Mfg preferred 6% 19 63% —100 Goods Aluminum Industries common Arkansas Power & Light $7 13% Mar 17 69 10% Feb 17% . A Aug • * —10 class 111 3,800 400 5% Jan 40 common——5 common preferred 6% -7 12% 11% 1 Aluminum Co common Aluminum 6%- 4V4 preferred 109% July 75 5% 8 6,000 19,600 Apr/* • 5% Feb Sep 4% Aug 112 30 • pfd conv 5% 5% 6% 38 Sep 115. 109% 109% 1 —— Int'l Investing $3 11% 4Vi Common 23% a Sep 112 100 — 8 47/8 Jan 21 V'- Sep 17,500 1,800 1,200 9% 5 4% 37 common——* non-voting,——• Low . 9,900 Jun 7% 500 9% Arkansas Natural Gas 13% ■■s 4% Aug 200 v 11%- 13 V4 50 pfd 23% July : High 8 30 % • Range Slnee January 1 Shares 9 Argus 22 • Sep ::13% Aug. 14% Sep - 600 4% "37 8 Aireon 13 Sep Low Par ——1 Inc Feb 11% 4,300 Z 4,700 15% 4% preferred--— Convertible High low 5% voo "4% Mfg common Air Associates Ino (N J)— —- * • Supply Mfg class B_ Aero Aiuswoi in : A.-, •' 2,400 2,400 7 13 •v ——8 D F Co f High v ACF-BrlU Motorsvwarrants————. W Acme Low '■•I for Week of Prices Sale Price ■ Par ' Salee Range Last'-:- New York Curb Exchange ■: Range Week'e Friday STOCKS I'M Week's / Friday ^ f— 19% Aug 21% Aug 24 Va Jan .1350 THE COMMTZRCIAL & FINANCIAL CHRONICLE NEW YORK CURB 7 Low Brown Fence & Wire • (E L) Bruck Silk Co. <: 0 & (P 100 "1 11 12% 41 100 , '' • 191 ' - 20a common > . 151/2 1% l 12 %0 7 May Derby Oil Co 4% >. Jan Gasket Detroit Gray Iron Foundry Detroit Mich Stove 76% May Detroit Steel Products Sep 34% Aug 102% Feb Sep 14% Jun Mar 50 May July Diana Stores Distillers & Callite Tungsten Corp_ Camden Fire Jan Dobeckmun Co 8,200 15% Sep 26% Jun Domestic Industries class ▲ com Feb Dominion Bridge Co Ltd Jan Dominion Steel & 1% Sep 8,100 7 Sep 14% 1,800 7%:Mar 46,000 50q 1,000 4 12% 19% May cD./!a Cement Sep#; > Industrial 8 5 10% 5,300 12J/4 May Aug 9% 13% 3,300 5 Sep 1,000 23 May 21% 100 15 i Feb 22% Aug § 15% 100 ~ ~~~ —3 : Feb Casco Castle (A Ml 28 7 10% 26 ;» 39 Co of Rivet ser 50o lV2 30 in« 90 Clark Co s Patent 130 Columbia 5% •: . Gas & Community Community ConiDo Vtc ext 13'/. i '' •- Southern Biscuit Co consol G E L P Bait common. series B preferred preferred series C__ 1 < 7m "~inn _ Utilities Textile Co. Coro Inc Corroon new & 5% convertible Courtaulds Ltd— Z~" Croft Cent Crown Cork Z Petrol (ord Lighting Inc Curtis Mfg Co 4% May Jun 4 Fdb SefM • 184% May Sep ', 41%: Jun i July Sep » 166 Sep Feb 15% Jun 156 July 21% Jun '15% May Jan 32 6-;>; Aug Sep 9 Feb 20 Sep Mar 50 Jun 105 ; Jan Apr 25% Apr 17%> Apr.. 6% i , 43 Sep Sep u Jan 48 Sep >42 Apr Sep 9 Feb % Sep 17% Jan 100 2% Jan 28% Jun 26% Aug Aug Sep 5 Jan 48% 25 44% Jan 20% 900 16% Feb 49 25 July 82 Feb 91 Jan 121 88 1,300 80 115 Apr 60 117% 108 Apr 5,900 7% Jun July 112% Aug 12% Jan Sep 3,525, 3% 37% >71% 1,000 Jan 2"% 2,400 : Sep 34 95% July 6% Jan 47 Jan Feb 33 Feb 34 32% 35% 300 Mar 44 July 10% 15 J/2 3 8 7 8% 27 2% • ; 13 14. 6J% 19 32% : 3 14 16% 7% 21 Sep 14% Feb 3 J/4 Feb 26% July 4% Sepv> 150 98 Sep 3 Sep 36% May 8,100 :v 17% May 1% Sep 15% Sep 2,300 Z 4% 40% 9 3,400 5% 101 37% :. 9,100 18 J/4 4% /'■ 98 26 5,300 1% lJ/8 4> 141/4 • 87 125 •'.7% 110 ■ Jan Apr 6% Jan >• 44% Aug 500 Sep 11 Jan 10,100 24% Mar 38 May 18,800 2,600 2% Sep 13 2,400 Jan 14 • Sep 5% v 21% Feb Apr 5,400 6% Sep 231/4 May 10% May 250 18% Jan 24 May 280 6% Z.28 7% 4,600 6% Sep 10% Jun 26% 28% 800 26 Va Sep 36 Jun 2% 2% 200 2% Sep « jq 30 ZZZZ.8 ZZlOO 106 common • common 25% 19% 30 29% 106 21% 10 13,000 50 300 | Sep 25% Sep 106 Sep 6'/a 60 36% 108 Apr Apr Feb May 14 14 50 19% Sep 38% Jan 8% 2.80 (Mo) 30 : & Share Davenport Hosiery Mills Dayton Rubber Mfg new com__2.50 oonv Jan 13% Feb 20 Feb 13% Aug Dejay Stores conynon For footnotes see 35 Co 1353. .. , 5% .10 common 68 400 Jan Jun Mar 43% Sep 8 Sep 49 10% 140 7 3,500 36% 150 5% H, 98% May 56% Jan Jan 25 15% May 43'A Jun 16% 113,300 500 7% v Sep 26% Jun 5% 3,100 $3 combaon preferred convertible > Esquire Inc Eureka Pipe Line common 77 J/a Mar 78% Jan 166% July 12% Jan Sep 19'A Feb 27 19%, 17 J/2 X21 2,800 17% Sep 30% 23% 20J/2 24% 4,300 20 J/2 Sep 39% Feb 50 50% 225 53 >/2 Apr 20% .80 preferred Empire Fairchild 400 22 - 49% May 109 112 Jan Apr Apr Apr Apr 16 12% Sep 2% Sep 49% 10s 1 ——1 10 Jan 56 Sep Aug 22 Feb 341/2 Jun 11 30 ft Inst Co. 11% 10% 11% 4% 5% 4% 5% 41,200 ; 21% 22 J/a 900 Jan Jan Falstaff Brewing—. 21% Fansteel Metallurgical 22'/a > 26% 21 Fedders-Quigan Corp 13% 12% 13% Federal Compress & Warehouse Co. .21 Association (Phila)—. Jf 26 26% 61% 59 20 Fire Fishman (M 8% Feb Sep 26% Jan 11% Jan 17% Feb 4% . 25 Jan 29 Feb 21 Sep 40% Apr 130 , , 59 Sep 70% Feb 20 Sep Co— H) to $1 Stores. 50 22% 300 6% 6% 1,300 21% 22% 2,600 Ford Motor Co Ltd— Am dep rets ord reg—. Motor of Canada— Ford Class Class B — 22% A non-voting—. Ford .'25 : voting- bearer- rets dep 4% 8% Fort Pitt Brewing Co Fox $3 46% Brewing (Peter) Fuller 25 7 21% Sep 25 200 . 6% Sep Jan CO ' 29% Jan 35 Sep Jan 15% 27% 25% 91/2 30 Jan 51 Aug 30'A May Jan 15% 19 28% 7% Mar Sep 7% Mar 9 x40% x46j/2 18% Stores 4% 4% Sep 40 25% Sep 85 preferred. convertible May 110 July July 112 (Geo A) Co stock conv Gatineau Power Co 14% 12 12% Garrett Corp common. Jun 150 July , 14 "7% 4% General Alloys Co. 6% "7% 2,100 2,900 4Ya 4 > Gen Electric Co Ltd— Amer dep rets ord reg. 8% 10 J/a 9% 9 J/2 7/7 Warrants General Fireproofing common * pfd General Plywood Corp General Public Service 1 $6 preferred—* 1 preferred—... convertible Geoigia Power $6 preferred— $5 preferred Gilbert 500 Aug 16% July Feb 11% 1:2,200 :: Hall Aug Hamilton 13% 11 20 J/8 Jun Hammermill 109 Jan July 120 25. 3J/a 23% 140 6% Sep Jan Apr Jun Apr 100 Sep 110 May 111% Jan 115 Jan 111 26% 54 Jan Jan 500 24 Sep 43% 20 52 Sep 55 Feb 29% Apr 3«J Jun 3,300 J/2 Feb Jan 18 Sep 28 Jun 19 Mar 24% Jan Sep 26% Jun 20 17% ,2,500 6 J/a 1,700 4 J/2 Sep 175 58 J/2 Sep 69 Feb 26 Sep 44' Feb Jan 107 1 Aug : & , 4% 58% GO 5,600 15% ^ 8% Feb 26 30% 300 1% ~1% 47,500 1% Sep 4 Jan 52 J/2 10 48 J/2 Jan 53 Jun 14% 161/4 500 10% Mar 22% Apr 521/4 55% 250 521/4 Sep 71 Jan 23% 2 6 J/2 3,800 23% Sep 47% Jan 9% 900 Sep 14% May 15% 17 J/3 3,800 15% Sep 23 J/a 19 20% 6,300 19 Sep 37% 108% 108 115% 400 r 108 Sep 135 Apr 142 '/a 134 Mar 147 July 14% pfd—28 J —■ 1 Stores 24% 9 15% Xl9 9 Pacific Tea— common stock * 100 9 Die Products Feb common—28* 100 140 142 J/2 20 41 39 43% 1,850 38% Mar 46 J/a Aug 18% 21% Jun 17% 19% 17% Jan 13% Jan 28% 18 4,600 3,300 xlll% May 12% Mar Alabastine———• Lamp Co Bridge Co Paper Jun 19 2* Paper 8% Ltd. 28% May 116 16% Jan Jun •1 39 11 Apr 104% 2,300 Utilities $4.40 pfd 39 31% Mar 24 ' 20 ; 103 Varnish Stores Aug Feb 23 common. Greenfield Tap 81 11% Aug 36% May 12% 52% preferred 12% Feb Apr 15% "1% Mines. class A— Northern 36% 17% 10% 19 >•: 58% preferred— Atlantic 11% Feb Sep 9% Jan 8% 18 T 5% class A— Mfg Co Grayson-Robinson State 18% 21% Gray Gulf Sep 27 Mfg Co. Mfg 1st Jan 15 19% Graham-Paige Motors $9 conv Grocery 115 7 Non-voting 9% 17% Consolidated Grand Rapids 7 % 115 B Gorham Inc Great 103 % 24 -V Inc $4.50 prior Great 3 100 52% Coal Godchaux Sugars Goodman Jan Sep 6'A Sep 110 (Adolf) Inc common Gorham Z 16% "4 common Globe-Union ClaEs ;/ 5,700 100 Co Goldfield 14J/4 4 , 105 -— Alden Gobel 12% 15 — Gladding McBean & Co_— Gleaner Harvester Corp Glen 22 19%' Jan (AC) Preferred Gilchrist 106 J/2 107 102 General Shareholdings Corp com $6 26 25 25% —108 General Outdoor Adv 6% Jun 18% July 107% July Jan Z-7% Aug 9 — preferred series A— 500 15 15 15 General Finance Corp common. 5% ., 97 Jan Jan 10 Ya common, preferred. Gellman Mfg Co common. 36% Sep 31% Apr 1 of France— Motor Amer Feb Sep 21% >: 400 61% 22% 7,550« 7,700 17% 10% Sep 1,400 Airplane. Engine & 35 50o page 100 35 Corp Elgin National Watch Co common.. .15 1 class A 70 Jan 104 / Mar 10 warrants Option Gypsum Lime A Davidson Brothers Inc 69 5 101% July % 2%. 125 May 42% Jan Feb Sep : Bond 50% July -12% Sep Jan 24 73 43% Electric Power A Jan 3% 50 J/4 Sep 70 preferred Easy Washing Machine B. Economy Grocery Stores Franklin Sep July 31% Sep 97 2 Jan Jan 37 %8 Jan Feb 9% ZZZZZ..Z Z Curtis 32 % 2,400 72 "Z 70 Corp 18% £1 (Md)._ZZZZ preferred Tobacco 18% 450 9 •.-N Emsco 7,600 13% series A. Equity Apr 4,000 3 Oil Cuban ,• 1,500 ~3% District Electric 5% pfd—100 Derrick & Equipment 1 12% ~ Refining common $6 preferred. ; Cuban Atlantic Sugar _ZZ 5 % May 24% 31% Crown Drug Co common 1% convertible preferred Crystal Apr 9% 1 8 92 Feb 18 J/4 "so reg) International A 4 A 73% 2% 139 21.Z:r 171/4 Apr 104% May 37% Mar "3 400 34% 2% 99 Jan Feb 65 140 50 23% 82 > 4% Sep 97% 140 mm ZZ_ Z Brewing Co Crosley Motors Inc Crowley Milner & Co ;Zi2% 1,500. 25 % Z 7% 1% 4% 425 4% 101 Sep 134,300 3% ' 71 68 Sep 88 Jan 7% 150 35% • preferred__ZZ American dep receipts Creole Petroleum Crown 1 " common_Z 60 , 1,660 34% 8% 10 4,200 Feb 20 Sep 19 Sep 38 | Mar 1,900 9 » ZZ.Z A 3% 600, 18,900 108% 110 ZZZ~~Bo Reynolds Petroleum . 98 Iron Corp. $6 preferred series B. Eastern Sugar Associates— $5 4% 4% 99 69 Sep 12% 225 Vv 37% - 4%,.; 6 117 • common. $6 preferred Cosden 1 • ZZZ Range Co.,. Cornucopia Gold Mines 5% fs 4,200 103% 3 Jan 69 29 ' Sep 23% 17 82% 14% Feb 16 650 117 " CoZZZ. Cook Paint & Varnish Co 13% 6,400 87% 8 777 Continental Fdy & Machine " Jan 4% 48% in Jun 24 '/2 Mar -10% Jun 11 13% 2% ;i9% 1,500 17 3,300 ' _ Copper 2% ^ Consolidated Mining & Smelt Ltd Consolidated Royalty Oil Consolidated Steel Corn Consol States 15% May Sep 20 # Consolidated .... Malleable Eastern 52% May Sep 25% • Feb May > 12 Jan 71 22 12 , X,000 < • % ZZZZ"—1 4%% 75 11% 3% 1946 Apr 110 Feb 6% 70% k 28% 130 ' 500 34% Machinery— Gas 5% 99% 3% 25% 2,100 46,000 35 ■ 16 20 166% Jan 650 '% 45% ft 1 F 16% 34% July Sep 600 . 14 98% 25 Vtc ext to 1956 Conn Gas & Coke Secur common ■■/■r $3 preferred 4% 5% 31% warrants Service 120 20% 32 , 148% >136 ; 3,200 98% 10fl 1% 200 \ 12% 32 5% on ' 13% 15 18% 33% wlrTanTsZZ Arras 15 200 1,300 7% 69 Aug 13% 220 4% 21% Wii 19% 69 106 Sep Sep 68 '? 2,100 12% • Jan 69 J/2 51 Sep 9,500 142% 11 4% "T SeiviceZZ. Consolidated 26 ; 43,600 70; nVn Water to 8% 1,300 X 43% • 98% 17% Jan Jan 104% 30,200 30 3% n% • Public Shoe 18 50 150% 5% Electric— & 2 —.100 100 preferred Eastern Elliott 5001 16 5%: 7 Electrographic 825 12% " preference 6% prior preferred 97% Aug 455 12 4'A IncZ" Commonwealth 19-; , Gas & Fuel Assoc common—* 23% July * 12 17% —i ~ Fire 25% ,12 _ common Colorado Fuei & iron Colt East Sep 148 Va 166% 13% Airlines Mills , Sep 15%. 1% >'• Va 150 65 ; 9% Mar £1 Hosiery class B common * common.— —1 Duval Texas Sulphur 9 Palrchlld Camera 136 13 Development ordinarv Colonial 98 V2 105 dep rets ord reg 96 72% 13% 139% Co._ZZZ._ Plow 34% 16% Mar 132 Products Co. Cockshutt Colon —* ; July 96 - 69% 16% BB.ZZZZ Feb 107 Jan Mar • —• Light 2d pfd A—^ 20 % Mar 27% 8% 41 J/4 May 21% May Sep 54 .7- common—■ 125' 43% Colonial 83% 79 >225 18 pfd formerly $5 400 155 Apr Ltd. $4.20 pfd. formerly $6 23 ' Sep Jun 11% Mar Ltd Co Feb 28% Apr 22% 38 J/2 $3.50 19 1% • — Electric 10% Lights IncZZ Lambert Mfg Club Alum 83 31/4 13,600 10% Sep- r Neon Clayton & 16,800 Duro Test Corp 7 12 108 72% ZZZZ Mfg 4% 16% 24% Sep Sep Apr Sep Controller Co Clarostat 3% 17 12% Jun Sep ' 1,100 14% 16% Co .'. 2,400 14% Apr s Mining HomesZ. Claude 9 1,100 10% 35 85 15% 21 Jun 50 preferred B__. $6 preferred 11j 12% 14% 8,500 . Sep ;V 39% May 17% July 13% July 21% May 36% Sep 6 ; 10 5,000 17% May. " Sep J/4 Aug Rubber Co Ltd— 15,300 96 100 ™"~" Jan 28 ' __ 1 Co 10 ; 17% 26 » 68 122 :< 17% Mar 150 40 8% 7 Sep Jan .10% 53% May 52% May common Macn macn City Auto Stamping City & Suburban 33% Aug 52 200 7n preferred 60c Jan Jan preferred Cities Service common $6 July ? 1929 America.. Co 38 inn common «^LConsolIdated SChilds ,H ''25-,:'.26::.: , loo ser.ZZ * 320 • 104% 104% common.ZZZZZZZZ.B & 1,700 96 ,26 Chesebrough Mfg Chicago zr ,"- 10% Xl2 % 96 " Chans Corp common.. Cherry-Burrell 1,100 37 16 inn ?Srfa!ASouth West UtilTtiesI 7^ preferred 7% nrnf6S Eiec 6% Preferred t Alrcraft Co 30 ;7:9Z pfd Chamberlin 11 Jan Jun Feb 20 600 54 4% 45 32% 117 9% 3.50% preferred Central Oxno ttteei ProauctaZ Central Pow & Lt 4% nu 25% May 24% May 164% May 2% Sep 30 Jan 525 >325 52 — Corp of Ame'rlcalll Cent Maine Power Co Conv pfd opt dlv Conv pfd opt div 34 33% 25 ;-iv29r- 53 -I __Z Co.:." as 14,600 33 • Catalin 2% 30 • comZZ~~~~ common 2% J/2 311/4 • I L $5 pfd Products New 2 Z 331/2 common W) Co ■ 164% May • n 79 Cbem & $7 preferred • Carter (J 10 ——* Coal B Textile Harris 4% % . Sep 8% '{■ 25% Aug 13% May Class B Carnation Co Carolina P & Am 300 Jan 3 .,"7,700 /• 14 Corp. Dunlop 23% > Jun May 13% May 37' Aug 7 J/4 Feb Sep Jan 7. • class 29J% IOJ/2 . 21 180 Jan 11% Sep 23% • "" <-juuuci Co 28 29% 1 common Dominion Tar 3 preferred & Jan 21% • 7™ voting '——» 5 Alconoi— Canadian Marconi - • 23% ■ * common" > ; _ Carman Jun ' T't _ Class B non voting.'. Canadian Industries Lid— 1% 7' 6"% May .-.v Z/;3% Aug;:: j I Ltd preferred Class A 4 Z 3% Mar gi Co, Ltd 11 J/4 2,300 High Jan Feb 145 200 ,'v ....£1 1 15% 400 Insurance Bread 11 % 10% 30 5,600 10% 50o com 30 8% 9% 160 13% Ltd— Sep 80s in 9,100 4 1 Durham Canada 6VZ% Corp new Co dep rets ord reg Divco Corp common Duke Power Co •• Low 15% • 11 " Wireless Canadian ,.-1 common..— Am Driver American dep rets 5% pfd Calamba Sugar Estate California Electric Power Range Since January 1. High 10% 10 Co Devoe & Raynolds Class B Dominion Cable Electric Producta common Voting trust certificates 158 Shares 30 Detroit Jan 2 13% 14 158 Mig Jun Draper Cables & 17 3,900 191/4 v.: 13% 11 33 7 > 14% common Sep,. Sep 7 1% : : Jan 16% Mar 11% Z—2.50 31 Jan 81/4 4,500 41 . Sullivan H) 10 25% ; V-'SZ''-" « . T 44 —^ 8,600 41 — Burma Corp Am dep rets Burry Biscuit Corp Butler :-V ,v 28 8% 9% Low Dennison Mfg class A common. 8% debenture Jan/,'. 8% 22 iX 600 « 1 _■ 7% ; for Week of Prices ' X 25% V 26 Sep 3% Mar 1,900 3,200 23 _ common common Mills Ltd. Hill 22 % Buckeye Pipe Line Bunker ' 10 * ' 1 prior preferred Brown Rubber Co j Sales Range Last High 25% Jan 3% : 3 j/2 8% 10 J/4 'vV : 1 , 1,900 4% -- • common. A preferred Brown Forman Distillers New common $5 V Low 5% Week's Friday Sale Price High ,4% 4% lOs ... . Bruce New York Curb Exchange Shares Ltd— Amer dep rets ord reg. British Columbia Power class A Class B Class STOCKS for Week of Prices Par. Celanese Sales Range Lait Salt Price British EXCHANGE SEPTEMBER 6 Week's Friday STOCKS New York Curb Exchange FOR WEEK ENDING RANGE Monday, September 9, 1946 7% 32% 10% 7% 35 1,500 750 1,650 8% Sep 7J/4 Sep 32% Sep 17% Feb 11% Feb 52% May 1351 THE COMMERCIAL & FINANCIAL CHRONICLE Number 4523 ^Volume 164 NEW YORK CURB EXCHANGE RANGE FOR WEEK ENDING SEPTEMBER 6 Friday Week's Sales STOCKS Last Range for Week New York Curb Exchange Sale Price of Prices Shares Week's Last Par Hartford Electric Light Hartford Rayon voting trust Harvard Brewing Co Low Bang* Since January 1 Q 6ft 200 14 1,500 Jan Jan Manlschewitz 7,300 13 Sep 237a 127a Sep Apr 197a Feb Mapes 8,700 Sep 1574 Mar 48 Apr Jan Marconi Internet Marine 16% Co 18 Apr Marion Power Shovel • 13 May 27 20 107 700 14 July Sep 297a Sep 29 Va 341/4 7,000 66 70% 200 10% 117a 127a 3,100 1,600 2474 257a 200 2474 24H4 200 20% 107a ' : ' MM.* 39% common. ,437:/ Communication McCord McWilliams Sep 173/4 Feb Mead Johnson & Co 107a Sep Jan Feb May 115% Mar 39 Sep Feb 37% Corp common $2.50 preferred Hummel-Ross Fibre 63 97a Hussmann Ligonier Co com 52.25 preferred. 48% Jan 287a 26 • : * 27% Mar 2,900 5,300 1,100 14% 10 974 —— 450 64 s/8 123/8 13 Corp. Hurd Lock & Mfg Co. 291: .700 48 ■' 487a 16 175 8% 7% 43% 427a 45 Huyler's common 1st preferred Hydro Electrlo Securities. Hygrade Food Products 437a 97a 1,800 12 59 July Sep preferred Jun 7% Jun Imperial Chemical IndustriesAm dep. rets regis. Imperial OH (Can) ooupon Registered Imperial Tobacco of Canada Tobacco Ireland of Great 533/4 607a 533/4 Sep 197a 20 3/4 5,000 18% Jan 23 29 1,250 25 Jan 38 Britain 400 12% 13% 137e 3,300 12% Jun 157a 300 12% Jun 15% 6% Aug 2,300 7 ft preferred —100 Insurance Co of North America 10 SO Warrants 957a 100 97 98% International 10 Products 203/4 53 International Interstate Power 57 Investors Royalty 217a 700 61 15 15% 15 16 13% 1574 3% ~r% 1 * 127a 16 4% common v , Abrasive Midwest Piping 1% 1% 17a Wohl Co 4 7a ft 10 conv Co. 15% — — S P Minnesota & 33% Jan Sep 18 35 Mountain Jun Sep 243/4 Sep Jan 24% Jan 17% Aug States Power common Jan 187a 44 40 44 m 63 21 1 ' Nachman Corp May 3174 Apr Jan .1 33 Aug Nebraska Power 7ft preferred Jun Nelson 9% Feb Neptune 157a Jan 297a Jan 15% Sep , Aug 600 5,800 900 May 94 Apr 827a Apr 287a May 'Aug 66 Sep 15 . 115 Sep 67a Sep 8% Jan iy« July • 97a Feb — 113/4 May 23/4 Feb . • England Power Associates— * preferred 100 $2 preferred——* New England Tel ft Tel— 100 New Haven Clock & Watch Co * conv preferred .. —20 > Apr New Mexico ft Arizona Land 27 3774 July New Park Mining Co 19% May 18% Jun New Process Co common 12% Mar Sep 113/4 Sep Sep — Sep 14 73/4 Sep 13 16 Sep Jan 35 Jun Jan' 26 Aug 17 Sep 243/4 May 137a 900 1% 1% 16,300 1,200 137a 97a 100 29 31 Apr 107a 11% 31 21 31 17a 267/a 1,100 50 4,400 . 133A Class Groceterias Class A. 97a Jan Jan 17a July 149/4 Jun 447a Aug 3% Apr 32 Sep 56 Jun 157a Sep 26 Va & Honduras Y 20 ■ Mar 297a Mar 9 7a Sep 417a 33 Jun Aug 20 % May 33 27 277a 400 Mar 30 13% 1674 4,500 13% Sep 22 18 3/4 7,900 15% Jan 550 B -1 Lone Star Gas Corp common. .10 177a 163/4 25 1% Sep Feb Apr 227a July 1353. 41,500 1 Aug 9074 575 93 Aug 117 85 91 Aug 108 11% 133/4 1,075 13,500 82 1274 17a , 1874 1874 183/4 400 107a Jan 1117a 2 Lynch Corp 1% 87 85 preferred A ctfs of dep—. 6% preferred B ctfs of dep—. Louisiana Land & ExplorationLouisiana Power ft Light $6 pfd. 35 Jun Jan 18 Aug Apr Sep 1,900 16 Sep 22% July 18 Feb 38 247a 900 373/4 1,800 163/4 3,400 137a 3,700 3,600 11% Aug 27a 67a 83/4 5,300 12 '■:- rl5;.^;/ 14% 11 6 8% 93/4 91 1357a :-i 8% 97a Sep 2474 Feb 1474 Sep 22 Apr Sep 19 Jan 6 Sep 12% Jun Feb 108% 8474 1,675 ^ 277a Mar 35 Apr 110 1267a Mar 142 Aug 1,400 8% Sep 750 17% Sep 16% May 21 July 58 2% • 69 7a 3,200 57a 5,700 3 5,500 10 10 Rosar'o .A' 2 577a xl4% II — 45 53% * 26%. 277a _ 32 81% Feb Sep 11 Va Mar 2 Sep pfd pfd-100 100 9% ■i 15 20 60 1057a .69 Sep Jun 18% May Jan 19 117a Aug Sep 267a Sep 600 70 69 47a July 65 Mar 647a Jan 45 300 1057a 106 106 : 69 . 54% Feb 700 300 Jan Jun Sep 47a ;!58 75 16 15 6ft 16 ■ ; ' shares. N Y State Electric & Gas $5.10 597a Jun 125 187a- ,47a Feb Jun 12 177a 177a 115 Jan 11 1,150 , 327a 130 4% Feb 14 500 98 32 108% 600 147a 927a *26% May 157a Jan Sep 500 : 143/4 32 Jan 1% May 897a July 23% Mar 69% Jun 147a Sep 20 111//' 1474 X9V4 ; ^;v 6 7a Sep 111 1774 Jan 14 22 74 1317a 9% Apr 49% Aug ...... l7/a Niagara Hudson Power common 1 5ft 1st preferred— -100 6ft 2d preferred— —.—100 Class B optional warrants.—..—— v Niagara Share Corp class B com—5 NUes-Bement-Pond .————-* Nineteen Hundred Corp B———1 Niplssing Mines 9% 10% 114% 114 1097a 113/4 117 108 74,900 x35 Feb 26 "Feb 111 Jan 95 V Sep July 114 Aug 108 Sep Sep 107s 1574 14 167a 137a 13% 200 10% "2% 27a 23A Jan 25 87a 7 139 Apr 15% Aug 117 Apr 26% Apr 120 Apr 3% Feb 13% May 14 13% Sep 207a Apr 5% Feb 27a Sep 8,100 73/a May ■1237a Feb 15 Sep Sep 9 3,500 2174 2174 Sep 10,600 7 Sep 140 200 134 Feb 42 Sep 41% Sep 2674 35 Feb Jan 127a Mar Apr 63 May 62% May 164 42 200 41% 100 5% 42 common—————— 43 417a 6% 10% 1,000 5% Sep 12% Feb 300 8 Jan 11 Va 12 147a 107Y4 10774 5,400 12 Sep 21% Jan 104 Jan 10874 July 108 Class B May • Securities—.* North American UtUity 6 97a Northern Central Texas Oil———5 1 Northeast Airlines 137a .. 50 3% Feb Apr 17a " 140 Jan 300 9 1107a 17s 17a 23% 8 —— Electric—————,.—— North Amer Light ft Power common— 86 preferred—— North American Rayon class A ..... Noma 87a 1,240 3,800 2,600 10,600 1% 327a July 87 7% 14 33 •• 11% 1 North Fenn RR Co—..——50 Long Island Lighting CoCommon ctfs of dep. For footnotes see page 267a Feb 25% Mar ,277a Logansport Distilling Co.—.. Jan " Sep 147a 1574 Merchandise N Y Water Service 4% 22 4% City Omnibus warrants Y Founders 23% Jan 35 Jan 3274 Locke Steel Chain..——. 17 15,800 17 62% ,, Loblaw Jun 21% May r 160 373/4 • Feb 15% Feb 100 • 1274 10 16 * Y 23% Feb 63/4 3,500 1,500 Ki. 75 Lipton (Thos J> Inc 6% preferred—29 36 Sep Sep Aug 25 7s 3474 5,700 157a 44,600 16 1 New Jersey Zinc. Sep .5,900 38 300 67a 24 ' .'V.V.'- .28 Apr 21 93/a 1874 157a 28% New Idea Inc common. 43 87a 32 16% 13 15% * 8ft Sep 147a 29 350 300 14 100 5 Corp Meter common Nestle Le Mur Co class A (Herman) 24 7% 157a 200 40 77/a 32% 6% 3574 Apr 18 ; 137a 4% 5% 30c National Union Radio Feb 77a Inc Apr 13 13% 27s Jan 300 17 Jan 32% 1607a 27 16% 14% 5% July 9 Sep 87a 32 237a 107a Jan 10 24 24 Xl7 • Fabrics N Y Shipbuilding Corp— 17 Sep 5% Feb 1367a Jun 28y4 24 Mallinson 18% 500 30 20 Jan Sep 8 2,600 1 1 2 National 19 L 317a Jun 10% 137 15 N 16 5474 Sep 2 j* N Line Material Co 8% 8 137 .25 N 13 Sep 6% 9,400 — Jan 2,100 18,500 $ : 40 Jun N N Y Auction Co common. .21 3 Feb 26 Sep 112 17 B. 2 / Feb Jan Feb May Jun 700 147a 157a Lanston Monotype Machine. 2% 83/8 Jun 300 : 22 18 77a 3% Feb 32 300 1% 22 13% 0% 6 1874 "* 4,100 6% Feb 21074 Jun ,23% Feb Jan May 75 ... 107a Jan 197 ",17 Jan 774 Mar 700 9 2874 2,800 20% / •••". July Apr 37 Sep 117a 5 2,700 16 18 —* .J* % * —. 17% 3,100 11,100 24 5% 374 Sep 25 Mountain States Tel & Tel Murray Ohio Mfg Co & Muskegon Piston Ring.. Muskogee Co common 1247a 200 77a 11% Lefcourt Realty common Sep 12,900 1,800 1474 10 • 100 Producers— Sep 19 27 Lakey Foundry St Machine. Lamson Corp of Delaware.. Lane Wells Co common Langendorf United Bakeries class Jan 11' 117a 1077a Aug 3,500 77a 50 16% May ■ 10% 41,300 60 87a 1% Lake Shore Mines Ltd. 133/4 11 Jan 6 197a May 44 Sep 6% Aug r 20 1874 80 2974 Aug 105 15 Mountain City Copper common Jun 31% May Feb X2Q 66 67a 87a Corp 6,500 • • * —lOo Aug 73% Apr Jun 15' — 2874 Lit Brothers common 7% 6% 5 Dakota Utilities Moody Investors partic pfd Morris Plan Corp of America- Apr 15 67a Co common. (R G) 325 100 pfd Sep 23 5,400 Montana 3% 16% 27 Le Tourneau 153/4 Jan 10% Sep 457a 77e • 5ft L 97» Sep 127a Aug 6 14% May 3% 44 „ Montgomery Ward A— Montreal Light Heat & Power 80 17% Apr 127a 14%' Jan Sep 66 1 2074 Jan • 350 44 Jun 17a .100 .100 Feb Jan 55/a 9% Apr 4,700 4 3/8 112 13% 26 5% 157a Lionel 24% 123 Jan Sep 4,100 137a 24% 4% Sep 3,200 1,600 ■ 374 / 3% 8% X27% 24% ' 1 preferred Oil Development. ; 12 3% National Transit 12.50 National Tunnel & Mines common.—1 137a Prior Feb 4% 50 Machinery National Steel Car Ltd .10 (I B) Rubber Co.. .1 Knott Corp common. Kobacker Stores new common,,,.—..! Leonard Jan 47 10% 113/4 New Kleinert Class 35 Sep 33/8 1,700 1% 187a 10% — .100 . Sep 357a 474 50c common preferred National Breweries common. 7ft preferred —. National Fuel Gas_. 15 5% Co— 29 850 3874 53/8 1 1,800 9 Erueger Brewing 300 14% May Sep ■ 37a 625 18% 313/4 23 Mining Corp of Canada J 26 (D Emil) July 357a 1 121V* — — Klrkland Lake G M Co Ltd— Klein 20 Monroe Loan Society A 30% Mar 1% Sep 203/4 Sep .100 .......... Mar Sep 14 • 33/4 Aug ' Aug 800 8% 11% Inc. King Seeley Corp Kingston Products Kiiby Petroleum.. 13 Jun 10% 4,800 24% "974 Co & 31% May 16 & Supply new com National Mfg & Stores common National Pressure Cooker Kimberly-Clark Corp— 4 Vaft preferred. Kings Co Lighting 7 ft pfd B. 5 ft preferred D Sep 29 16 .—10 Refineries Mid-West K Key Co common Kidde (Walter) 157a 50 Oil Co Midwest Jan 1974 1097a 12 500 , 1% Jan 572 600 23 Jan ' 15 2,600 Feb 17% Sep 107a ;v National Rubber Kawneer 6% May 97a Aug 3,900 27,800 I Midland Oil Corp $2 conv preferred—* Corp Mar 9% 3 1,100 5% 15 ■■ Ken-Rad Tube St Lamp 62 47/a 33/4 Missouri Public Service common 53 1,300 13 Julian St Kokenge Co. Kennedy's 14% May 16% 6% 1,400 3,100 40 36 15% Kaiser-Frazer Corp .— Kansas Gas & Elec 7ft pfd_. Jan Aug 16 1274 9,400 V: 20% **0 -;7 Glass Co Sep 9% 14 1974 National Bellas Hess common.. Jeannette 47b Jan May 11% Jan 112 700 1 1 203/4 Sep 1,400 157a preferred——* , 1 trust ctfs...'* Irving Air Chute Italian Superpower 5, Jan Jan 1272 9,000 Molybdenum Corp Monogram Pictures common 90 1,250 15 12% Iron Fireman Mfg voting Apr Aug 33/4 474 t c 30% Jan 28% Jan pm-M common Jan 87a 26% 11% 1574 3 1123/4 Aug 21 * UtUlties 10 Sep 750 203/4 v West 14% Jan 157a 54 5 International Safety Razor B Sep 1,600 37s 10 Mountain * shares 7% 12 7« 1 — International Petroleum coupon shs—* Registered 11 /■■■?. 94 20 .... . 6% 107a 7% 1 2.50 • Aug Jun 109% International Investing Corp 1 International Metal Industries A—.*. International Minerals and Chemicals 57a 37a 56 927a Jan 957a * series Apr 300 10 10 167s Class B Mar 37% 15 1 Middle Apr 24 * Sep * 150 111 47 Sep Feb 11,500 5% 47e 1 25o preferred Middle States Petroleum class A v t cJL 7% May 12% Jan 24 110 Jan 109% ft 11078 Sep 22% 16% Aug 100 Micromatic Hone Corp Jan 137a Apr 8 10% Jan 13 123/4 20% Jan 18% 25 18,000 4,400 177a 4% Jan 1274 Apr 63/4 £1 100 100 International Cigar Machine International Hydro Electric— 18 Jan 197a Sep 2 3,000 47a 113/8 14% July 13 & Lt 4% pfd Indiana Service 6ft preferred 67s Preferred Apr 27 V* 13 1 27 Sep 137» 2,500 3,400 —• Scott ft 16 30% 37a Michigan Bumper Corp Michigan Steel Tube Michigan Sugar Co 397a Apr 81 6% 37 39 1274 57a Textile Corp Miller — $3.50 Sep 25 5,100 2,300 -SI Indianapolis Pow Preferred 297a 19% - Dividend arrear ctfs Illinois zino Co Imperial 25 58 100 12 1474 307a 6% Mar Feb 1174 — Participating Apr 53% 2274 Jan 29 31 12 37 1374 $2 non-cum dividend shares——...* Midi ale Co common • 2614 eommoi 2,700 2,000 4 A preferred 6%ft Mid-West conv 2,700 16 143/4 6 Messabi Iron Co I Oft 2% 2 B 1 common.— Co Midland Steel Products— Illinois Power Co 5,400 July Sep 37a 300 48 213/4 427a 325 4% 37a Jun 50% Mar 37 14% Aug 7% Sep 2,700 48 X20% Jun 157a Jun Sep 23% Mar 45% Jan 100 14% / Com stk purch warrants. 974 1474 14% Jan May 60 67a —1 Warrants 33% Jun 7574 May Mar 10 v Mfg Chapman Merritt Metal X27% 62% Dredging Memphis Natural Gas Menasco 40% Jan 100 117* 127a —• • —* • Massey Harris common 567a May 26 / 2 3/8 Jun 112 29 Sep 54 Jan 87a Sep X30% 54 Mfg Co——* 147a 22% .100 Hubbell (Harvey) Inc..—. Humble OH & Refining — 374 500 34 21% May Mass Utilities Association v t 0——1 8774 15 Aug 327a May 257a July 45% July 170 May 47% Jun x30% (The B) Co———• Consolidated 10 3/4 175 f 1 45% May 140 41 2,600 4% 3% 4% « Mangel Stores common Feb 80 413/4 39 Jan Manatl Sugar optional warranf 65 Baking Co. preferred 26 3/4 Jan 11 -1 - High Low High Ltd———II 12% Sep 17 14 —* ft Co comipoi Horn & Hardart 300 1514 123/4 774 267a Feb 11 * (Geo A) 3014 15 V* 97a May 14 3/4 31 M. Inc & Hardart 27 Range Since January .1 Shares M Sep 67 Stores Inc Holophane Co common Horn 1414 14'A -1 Holly Hormel 1614 Jun Sep 177a Sep 107 V* 10714 .1 common Consolidated Horder's 13 12% 27 (R) & Co class A. Holllnger 900 , .100 w commoi Heyden Chemical Hoe 1914 13'/a ,,* w 17% 18 common. 5%% preferred Henry Holt & Co 9 : fit 9 Class A_. Co Sep 3% 1,000 4 37a v 4 250 Helena Rubinstein— 4 4,200 5'/a > common 8,300 9% 13% Hearn Dept Stores Hecla Mining Co 6 16 1 X 4 15% ctfa 72% Mar Low Fat High 67 3S Hat Corp of America B non-vot com—1 Hazeltine Corp • Heller Kl- Low High for Week of Prices Sale Price • galea Range Friday STOCKS New York Curb Exchange Northern Indiana Pub Serv 5 ft Northern Natural Gas — pfd—100 —20 51 . Northern States Power class 4174 Northrop Aircraft Inc Novadel-Agene Corp 107a „ 34% X50 38 8% 34% 53 487a 11% 36 . 1,650 457a Jan 3,900 3,700 38 Sep 500 34 8% Sep Feb Jun 111 Apr 59% Jun 737a May 15% Apr Apr 40 JTHE COMMERCIAL & FINANCIAL CHRONICLE 1352 ■;■..■■■ ;:y ■ Week's Friday STOCKS New York Curb common Ohio Co class Ohio Power 4Vi% Old B Gas Low 33 36% Omar lnc 33 10 High 11 200 21 Friday Feb Beeman 41% Jun Segal Lock & Selby 18% May Jun 22 23% 25% 3% '4% •' ;;,k * • Industries Tnr. HftriPerri hie $5.50 Apr stock prior Allotment » • . * 8% 1st Pacific Power & Light 1% Pacific Public Service: $1.30 1st 12 14 2,100 11% 28 pfd 5% % 1st preferred Pacific Lighting $5 preferred 42% 44% 1,100 42 -Jan 40% 40% 38 % May 28 pfd Tubes B) (R lnc Parker Pen 27 Jan 31% Power & Pepperell Mfg 51% 6% 6% 10 * ,... . : 7% 61% Jan 48% 29 Jun V?,. 540 ; 4% Co 7 , 6% 7% 2,000 1,050 -v.: 52% 51 . 1,400 7 20 22 23% Ltd Sep 29 Sep 11% Feb 2% 1,300 2 Aug 5% Jan 1 "8% 8 8% 1,200 8 Sep 12% Jun 100 12 Sep L is E RR ;V ; & v • ' '77.* 1st 6% ■' •' 19 Aug :l "311 12,500 8% 11% 2,300 67 70% :,;;i~3% 6,400 10 21% 13% ■: 14- common 710 7% 9% 7% 10 18 10% Mar 67 Sep 1,700 9% 6% Jan 7 17% Aug 5% 18 * 6% 6,300 22 >11% 5% 15% 10 75 >11'/a Coast Penn July j Pratt St Lambert Co— Premier Gold Mining lnc MetalB Producers —• America— 400 1% 78 78 :: 37 30,800 >■>::; 1% 289 12% 13% 900 2% 13,100 1% —• Gas_ 157/a ...* ....... 9 17% 60 20 8% 275 ' 25% Jan Co 18 Aug 95 20% Oil 7% 1st preferred Feb Jan Feb 13% Mar 187/8 Apr 8% July 10% Jan Fuget Sound Power St Light-^ Jan 112 May 112% 112% 10 111% Feb 122 Jun 107% 107% 112% 25 107^ Sep 113% May - 85 prior preferred .* Puget Sound Pulp St Timber— Pyle-NaMomal Co common ———8 Pyrene Manufacturing— 18 23% 1,500 18 Sep 16% Aug 1L4.1 12% - 12% 14% . 700 12% Sep' 27 Apr .23 • 9% 6 37 » common, X98 Power > '•'7- prefer: pr3Ierred_ •: 97- 10S 680 166 166 10 Co. 97 Sep 166 :' -Sep 18 7-r Jaw 34% 35 48% 48% > 31% 31% , warrant*. 7% 10 Feb 20% May Jan 189 28 -23 —i Co— 30% k?;, 100 : •' .10 : Line 16 Feb 11 2,900 Oil Richmond 16 2% 200 2% Sep 4% Feb 30% 1,075 27% Sep 34 <>„ Feb 33% 36 1,200 33% Sep 44 Jun i; 12% Jan Sep Sep 30% Sep 1% Sep 6% Sep 37% Jan 26% 200 26 1,275 19 30% 34% 1,500 1% 2% 15,300 v - 2 :■■■■■ 7% 1 2% 100 6% 107% 6,900 16,000 107% 108% —.* dep rets for ord reg 8% 2% 7.21.',7 Rolls Royce Ltd— 21 40 600 2 Sep 105% Jan >15 Apr Aug 34% Jan 49 Jan 4% May 13% Feb 4% Jan Shoe 7% Corp.—.. Inc.,;—» Brewing common ...——8 25% 28% 3,500 2 16% 19% 2,400 110% Mar 25% Jun —8 5% 6% 2,000 5% Mar 7 7% 1,100 7 30% 2,200 22 Roosevelt Field lnc P/troleum Co 1 — Rotary Electric Steel Co— Royalite Oil Co Ltd 10 25% 30% Aug Jan 59 Sep 21 19% Ryan Aeronautical Co 1 Ryan Consolidated Petroleum—* Ryerson St Haynes common I 7% Aug 13"% Feb 19% May 2,400 7% Sep 7 Jan;: Standard Dredging Corp $1.60 convertible Standard Oil Standard Power 8% 10 Va 2% 2% 4.000 23% 29% 5,200 23% 32% 32 33% 1,250 32 '2% -.10 ! 4% 5% 1 common preferred 7% 25% 2.78 ;:-AY.^:.Vrk',c ^——.20' > (Ky) 'Li# •' Standard i Products Standard Tube Co i.V-':;" , Stein (A) Co & B) Strooek (Si Sr. Jan Sep 170 110 14% 2,600 12 5% 1,400 125 9% —1 :1 Y 15% - • common C Z t % 27 17% ..33 34% f : 18 " > •; 4,000 7 5% 1,500 5% Class A St $2 conv Regis Paper Salt Dome Samson OiJ United prtf— 50 common 1 Savoy Oil Co^ Schiff Co 1 common common Schulte (D A) 8 lnc 1,500 V'iiL." ^*s--' Corp RRvnritp'{^>7 Fincn OiJ ,39 1. Y'Y 44% - Corp For footnotes 27 r 3,250 11% 8% 6% 8% Feb 5% see ' _.l 5% x31% ft 1353. . 3 . 28 page 4% 38 5% 3% 44% May Jan Jun 10% Apr 8% Aug 40% 4% X31 Sep 6% Sep 4% Sep 3 Sep 26,500 % 33 4% 3,100 36,300 Sep Feb 9% 400 6% 38%- % 26 600 31 ~ Jun Feb - 3% Jan 49% Jun 30 " "7 , Jan 48 Sep 900 -v 49% <77 300 Jail 62 % Mav 19 < 26% 1,100 2,400 Sep 34%. Jan 22 ZZi'% ■\ 35 7 >■; 44 4% 4% 7 5% 7 4% Sep - 6% July '• 1 14 *26V« May Mar 8% • 900 32 34% 1,400 16% 18% 7,000 116% 118% 30 -900 Texas Power 61 Light 7% pfd 180 Texon Oil & Land Co..—— Textron lnc Thew Tilo Co St Tobacco Allied Product Edison 7% 37 Mar 3,300 16 Jan 19; 1,500 15% Jan Apr • 1% 125%; 180 110 440 Trunz Feb 163 Jan May 112% May 5,200 1,800 5 Sep > 9% 2% SepV 5% >- 20 7% 2,500 12% 12% 300 -11% 13% 4,800 — Feb 3!/4 Sep 117 ; '> Jan 14% Apr 17,200 6% • Sep 3% —S ,9 % Sep 100 May 2 r; 2% ' 72 May. 1% Apr 22% July 107% July 5% • Inc..*. > . July 48 26 . 113% 5 " ;7 Feb 10 2% 1 5% 13 Apr . 30 % 2 1 Tung-Sol Lamp Works 1—— 80c convertible preferred, :•>; 110 Corp Tri-continental warrants.:— 64% •; ;7 YvV "' 114 % 114% Lux w-# 2,400 119 • preferred ' 1,800 ;: 1 : ' 350 -V.' 6 " -:.'' v of Nevada Mining 13,900 : preferred Trans 26% July 20% 100 6% 17% Mar 18% Shipyards Corp Toledo -'.10% May -16% dep rtcs def teg Todd Sep 39 Exports. Amer Sep 38' 18% Jan 8% 18% —. •„ 29 122 39 ord regis rets 37 116% 20% -.7 12% May Sep 17% Tobacco Security Trust Co Ltd dep . Sep > 50c Stocks— Amer , 16% 8% Realty & Construction. Tobacco «% Mar 32 „ 8% common Roofing Tnc_— Ttshman T- 9% 3 i — Shovel 17% * common— 1' Aug 4% Feb Feb Feb ,34 Jan May Sep 12 14% Jan Aug 6 % 17% Jan Apr 19% 43 Sep 6% 11,100 1,100 22% - 1 5 51,100 Jan: 9 % May 11% 5% 8,500 31% 9% Feb 8% >25 May 32...Jan. 2,150 —la 9% Feb Jun Feb .a—1 Udyllte Corp. Ulen Union Gun oJ Investment Union Stk % Mar Sep Sep Sep 9% Mar 35% Jun 15% May 12% Jun ! Aircraft Chemicals common corp 10% Products warrants— % 16% — 1 45 ,xl67/a —* 10 United Gas United Light A Railways.., 1 247/s United Milk • 62 Products $3-participating preferred.—v United Molasses Jan Ltd— Amer dep rets ord regis—— United NJ RR & Canal. Jan 9% '.j. — common 9% k * 100 1 * * , 11% Mar > 2,800 2y2 11% 13% 2,000 8% Mar ,9% 9% 2,100 8% Mar Y 7% 300 2% 3 ■ Aug <■. 17% Jun 5% J an 19 % July ,11% July 4,600 17% Sep 8% Feb Feb 63% Apr 14% Sep 29% Jan 27 14% 7 59 7 Mar 34 % May 2% •""% "l 50,100 42 46 32 Feb 16% IB Jan 21 % 100 47 Jan 95 Mar^ Jan 60 17% 1,350 6,800 23,600 24 % 55 27% 62 — c- % 24% Sep Sep May Apr 37% May 62 % 101 Aug , Aug Jan United. Profit 5% July 46% Aug 47 2% 13 1 Co Yds of Omaha..... Corp ' >1 fl „ Canada Union 12 ■> 10e- Corp—— Realization Unexcelled Chemical Corp United Elastic Corp 8 ,*>■'. 10% • • common Bcpvrt! Manufacturing Rights 6% 29 5 Co Corp v. 6% , ' Sunbeam Onited —*. Sep 2 Apr : <10 11% Mar 300 .;■> 36 35% July 31 Jan :jf 17% Sep $ 850 ;> 84% July • July ■ 4% 10,100 20% Jan . 7 % Sep 4,200 2%:7*2% common '- 5% >14% 17%- ZZlt i, " " 4% 5 . Jan 8% Jan >18 500 Jan <9% ; Sep 750 31% 7% May Jan 23% Sep 7% 400 30 7% May 160 Sep !: 5% 3,700 1 — Corp C.a 34% Aug Feb Jan 3% l—_ . Co (Hugoi Feb 27% Aug 3Vs 7% 31% common. Inc.. ..7:' (J Btiones 8% Sep 72% Sterling Engine Co.. Stetson Apr 24% 5'/a > 8Va Aluminum proauct# Sterling 45% ::i 4% Aug :• 22 Steel Co of Canada otemug Sep; 500 ,47/a 12 5% Corp. Apr 21,200 110 ; 14% clasa B 8tarrett (The) Feb 45% >5,400 • Feb •itt Sep 32% 4% i-c'i Jan 12 ; 3% 3% > 4% 4% United C017, Ltd Feb ' 100 . */a 2% May 2,400 22 H 29% 300 >• 5% 22 V; 30% Light 61 Common class B United Bt Lawrence >17% Aug > 6% 14% Aug Sep 25% Sep 17% July 2% Jun 165 Jun 16% —* Russeks Fifth Ave Jan 22 2.5b New common Jan .200 ;r 18%; 9% Co—. Standard Cap & Seal common 7 Convertible preferred 1—i Tonopah £1 Ronson Art Metal Works Root 29% 22% Grande Valley Gas Co— (Texas Corp) vtc Corp 60 Sep 26 Rio Cable Jan 19 • Jan 12% 22,800 26 1 Rome 15% 21% 33% Corp.-warrants 24 55 WA • Roeser & Pendleton, lnc ; Sep 16 —— Radiator Am 325 8- Rochester Gas & Elec 4% pfd F Apr 35 • Reliance Electric St Engineering Rice Stix Dry Goodsi 13 27% 20 Feb 31% 2,300 8% 16 - Feb <32% < 140% July 'i 17 7% 10 51 f Apr 29% Mar - England Telephone Jan ••-'.'44 .25 May 2% Raytheon Manufacturing common—50o Richfield 6% Sep Mai Apr 20 19: • Do > Jan Aug 43 >: Jun 114 28% 1 .10 £3 convertible preferred Reed Roller Bit 67,100 Jan 10 'A 39 July Sep 31% Technicolor lnc Railway Si Light Securities Voting common Railway & Utility Investment A Rath Packing Co. common. Raymond Concrete Pile common 7% Feb 14% Sep 33 , Taggart Corp common » Vf 8% Tampa Electric Co common—' 32 Radio-Kelth-Orpheam option Feb 29% May 15% Jan Edison—>; Royalty Co...—^—.—8 Standard Bwan 6% Jan 108 Sep Sep X8 6 61 33 . Superior Portland Cement, Ino Superior Tool & Die- Co___ Quebec Apr Jun Jan ; •>7% Feb 8% ,.16 B— Phosphate Run Quaker Oats 374 X3% Sep —.12.50 preferred Pipe Jan 106% 100 12 Sep 17% common. common..; California Stahl-Meyer Feb 100 100 49% Jan 8% >275 5% July x8 Pipe Line New Spencer Feb May 3 10 290 ' — U 24% May Aug 1 Sterling Brewers lnc Public Service of Colorado— 6 % 1st preferred j. 31% May 13% Jun 12% July ' 1,775 Jun Jan 1,100 9 Aug 106 common. Southern Apr .3% Sep Sep. 12% 1% 115% 100 Preferred :■> Apr —-J Southern fcAug Sep 1 Prosperity Co class B Sep 78 10 1 Corp of Nevada Providence 40 1% • common. of 37 1 Apr 110 Mills.. Paper Corp Pa Southland 15% May 108 I k Sep 19% 169% 1 original Southern 28% May Sep 100 l.^ v^'5%% preferred series C.—2 May 10% 17% Mar 3,700 11% 100 24Va Mar Sep Co— Co &%■ preierred >27% Jan Sep Jan Jan £1 regis Elec Manufacturing 5% Jan ; 78% Sep 300 47 , Jan 13% Jan 10% / 130 .42 x8% —100 Corp Southern 15% Feb 147/a (Howard 1 Soutnwesi 67/a Mar Sep Sep 19% V' 300 16% Sep 1,350 > 18% • Pressed < 142% ' Co.i,i ord rets Gas & ®iouth "j ft 2.50 com preferred Prentice-Hall 1,500 - Jan Jim, 134 • preferred South 37% May 30 % Jan Sep 44 > 250 ;. 20 i 4% Canada Manufacturing Jan ,600 67/a '' Apr Jun 19% 10 •*. Alexander of Canada Power Corp 9,600 —• common. Aircrait 8oss 51% Aug Feb 1 Pclaris Mining Co 637/a , 31 .>15'/8 5 Vauey wuic Co— Pneumatic Scale common 1 100 5'%>: - preferred Solar Jan 20% 2,100 ——-,—50 50 86% dep Sonotone 12% May Jan 27% "9% 2 Pleasant lowdrell -' 13% < 12 : •4% 134 * Pattern City Smith Jan 16% Mar 5,000 19 —1 Pittsburgh & Lake Erie— Pittsburgh Metallurgical common *. of 15% 12 20 Ltd Solar Jun 1 Apr 22% 24% 1 com 9 July Johnson Ltd Am Shs Pitts Bess Sioux Jan 117 Sep Jan 2ya ^2 Manufacturing ,.3.90 % Sep 14% —* Gold a, 49 • • comraon__i— Piper Aircraft Corp Pitney-Bowes Ino 100 MM. Singer Manufacturing Co Ltd— Jan 9 ]"• 72% Sep 46% 1 <—— Pioneer - 21% •a 104% May 111% May 2% common convertible $3 Singer July 31 - Sep Simmons-Boardman Publications— May 56 Sep 4 Sep 113% Jan • Plnchin Sep :< 10 250 75 Va 72% 52% 20 Pharis Tire & Rubber : Feb 93% 50 4% 1 preferred— Amer 800 115% 115% M I —" Co Mines 93% 35%' Feb 13% ;f: Simplicity A; Jan 84 Jan July 7% Sep Jan 34 7 30 ' ; 17 5,650 ' Sep 3,700 common Breweries > Sep 2% 3,100 » Co 25 •••• 6 _1 Jan 59 % Aug Sep 200 ■, 13,100 13% 4 115% 2.5G Governor 350 v 4% l Sicks' 13% Mar 20 Feb 20 1,100 .20 31 10 % 39% V 400 'Jan —...1 * —; Bherwin-Williams Jun 14 Sep July - '7 " 13% Power Water & Co 4*. 28 % July Sep 9 200 70 31 100 Philadelphia Co common— Phillips Packing Co.* Pierce 4% ■A Jan 30'/4 May - 5% Mining—1 Sheller Mfg ' A com Light 4.Vi% pfd Power Co Periect Oircie 22% 50% — Co Penn Water St >. 70 .*£ —— Gas & Elec class J 20 —1 Penn-Dixie Cement warrants 48 44 -5 Telephone' common———* $1 cum preferred 25 Pennroad Corp common 1 Traffic 49,800 19,800 13 Peninsular Penn 57/a 10% ' 4% Corp———_—1 - 15% .-'•>5% 16% May • Parkersburg Kig 6s Reel Patchogue Plymouth Mills Penn Sep ■. Co Penn 3% May 9'% v'' - 1 • Denn «nerwm-wuiiauis Apr Jan Jan —. Motors 113 11% 26 % Pan American Airways warrants Pantepec Oil of Venezuela Am ehs—;—- Paramount 23,100 ■ 8 Siiex • Feb 1 Shawinigun May 109 117% May. 21% 22 v «• Sep 500 • 35,500 23 93% t, ...... 8hattuck Feb 41% 102% July 10 , High Sep 1,500 4 , 19% Jun 46 % July Apr • — v.. 10 113% 113% 100 common '• 100 103% 103% 103 % * preferred Page-Hersey 12Va 42% common 26% 2% >;.:-.18%i" •"'••IT.7- Seton Leather common Co 25 , 25 ; rertlfieateR Sentry oaiety cumrut Serrick Corp class B_ & Elec . 5% ' -" ~3% I rnmmnn stork Bemier Pacific Can 14 2,300 6% Hardware.. Sentinel Radio Corp common Pacific Gas Low 17 5% ' Jan 26 Jan Shoe Selected 16 V* Jan Jan 14 25% ... Range Since January 1 High 5% lnc Shares Jan 54% , Bros Sales of Prices 16 common. Co 118 Mar 18% Co 'Y for Week Range " • % >VY-.' /"YY >'V > Week's Last Exchange Corp General. 6 Sep 12 Ya - Steel Securities Jan % 14 19% Curb Low Bccllin Sep Sep 42 ' i flwcnrttiM York f - Overseas '1'''v ' ;>'i::>>. Sale Price M 113% Jun 3,300 13% r.; 1 425 45 11% • 3 500 43% 12 : 6,400 116% 116% 116% 13 1 ; 3% ■ 100 common Distillery United Filtena B Oliver " [.-X '' ' STOCKS ■ -v'r'3 • * common preferred— Natural Polndexter 3% It- - SEPTEMBER 0 Range Since January l High 0 Ogden Corp WEEK ENDING New Shares of Prices LOU) FOR Sales for Week Range Last Exchange Sale Price Oklahoma 9, 1946 new y0rk curb exchange RANGE Brass / Monday, September Sep 10% Co Sharing preferred— 8% — . . 25c —— 10 . .- ■ Jan 9% Feb - 100 .-a _1% — l7/a 2 1,100 284 Jan 294 Aug Sep 4% Jan 8% Jiily 12% Jaa 1% CHRONICLE THE COMMERCIAL & FINANCIAL Number 4523 Volume 164 1353 NEW YORK CURB EXCHANGE STOCKS , w Specialties United 1 :— common U S S Graphite 20% •: AW; common,,Z-~—U-r—®°° United Stores Products Co new 6 4% 4% t V21% 19% _^-10c 1 Utility Equities common •8 JO priority stock— Mar Feb Kansas Jan Kansas 3 7% Sep 89 Mar 99 Feb ~4% Feb -Sep Sep 28 Sep 34% Aug 23% 1907 J-D 4'/a Sep 7% 19% Sep 25% 3'/a Sep 5% Feb 22 3%' 875 9% Fekep&r Corp common. Venezuela Vogt A series 115 Jan 100 New 2022 Amsterdam Gas New Eng Gas & El July Conv Venezuelan 4%s 110 preferred 6 Petroleum 8 2% Syndicate Inc. 6s Assn 5s L ' - Jan 24 Feb 15 N -Y A5%s series A .7% .Class B Ward ' ... Watch Waltham May 114% Aug 30 Feb 46% Aug Aug 10% Mar t 24 % May '7 6 • j Co Wayne Corp Mills Wentworth West Utilities 2% 3% $6 7 3% Power 1st mtge ;i-rJ.7 10% 7|- C (54% redemed) mtge 3%s. B 1948 20 Coke , Western Sep & Light 5s ' F-A 1949 J-D Sinking fund deb 4s Public Westmoreland Inc rrj(1JT, 5%s Whitman , 250 Wlhlama Wlllson ,(R C) 19 1 50 16 400 375 common 1 25 7: 29 38 Jun , Wolverine: Portland pfd 15 Jun Jun• "20 Sep 7. 500 7. 10% i 500 10Va 6 % ■ ,7v7:77 Sep Sep , 15 7 July receipts. deposit Jan 7; v "Mar Feb - 6 %' Feb 3H Aug 7' v , 106% 12 •7. (Hugo) 91 81 105% 108 106% 109 ■ w-,' 107 104% 107 105% 107% 101% 104 160 172% i 5 2 7; 171% 171% 2 4-0 , 7107% 107% ii 7;Wl * 107% 105% J147 1969 126 __ 103 111% 98 98 101% 98 ■; 108% 125 — 107% 104% ■ 107-107% J125% 3s. 106% 108 106% 108% 1970 105% 106 105 ,109 —1971 Gas 104 104 106% >(Calif)— 5s. \L 107% 108% 108% 104 1989 106% >78 Industries— 1946 Edison United Electric , 48 • ? stamped Toledo 107 .33 % r. United Apr 17 V* . ui v*7.' 6% preference Wright Sargreaves Lt< 109% 2 ■: 102% 103 'LjL;M ;:a — 1951 — (A G) A 7-4s 2nd 17% Woolworth American 13 3d stamped Btinnes Apr Jun ;7 16 106 ■102% — AStarrect Corp inc 5s. Btinnes (Hugo) Corp— A 7-4a 11% Sep Spalding May 112 Aug 200 2 Petroleum.—, : (F W) Ltd— Apr. 31 109 10 f ■ ; 109% — 107 47 106 $04% 106 H: 107 .'7 .7 f9 7 $108% 109% 1 1952 3%s California Gas mtge 3s :'A;';;7 - 88 88 1951 6s. Counties 1st 9 Southwestern Gas & Elec 3%S——1970 Sep 711% 100 Cement—. Woodall Industries Inc Woodley T 800 * P & L 4% % Wisconsin Jan —. 107% 103% 108% $107% -■,■ 105% 106% 101 % 7 .Sep 8% 23 . 33 Estate Southern Jan >• Joaquin Lt & Pwr 6s 3. Scullin Steel Inc mtge 3s Southern California Edison ,: "°.--7 102 3 102% 102% 1979 Southern Jun Jan 7 Feb 18 js 1,075 Brothers 5% Feb 24 Sep 3,200 preferred w w Winnipeg Eleo common B Wilson V 55 .Apr 18% 100 Products Inc. 24% Sep , Apr Mar 49 20 "? 400 & Co. 40% • 7 Sep 34 Wichita River Oil Corp* 195a Real 11 -. $105% 106% ' — 102% 105 7 A ASchulte ] , (Wm & Co series San 7 * ,7': 101% 108% 100% , 9 '"'J. 99 105% 30 103 $108 M-N Harbor Water 4%s Feb - ; Apr Apr Fen Aug — • J-J New Jersey— certificates Queens Borough Gas & Electric— 16% 28 of perpetual 155 v" r 350 10 , Weyenberg Shoe Mfg Service 6% 11% July.; - J-D 28 101% 101% Af-S 1964 mtge 3%s 101% __ 102 88 J-D 101% 98% $107% ;,77 .i;' A-O 1955 98% 46 99% 99% • 105% 34 99% 100% 102 A-0 > 1959 1st Sep 136 7 33% 20 Westmoreland Coal 115 105 $105% 7 J-J 1971 Power 710% Sep 2,500 Coal & 111 99% Af-N J-J —1968 Corp (Can) 4%s B Public Service Co of Colorado— * Apr May 7. v 115 112 • Maryland Ry 7% 1st pfd__l00 Western Tablet & Stationery com • Va 105 7 99% 100 103 1964 2004 38 7 .7 May •70 , > Safe West 78 68 __ 99% J-J Jun 9Va 2% Aug Sep r-29 —1.28 preferred 77 4% Sep 6% 8 , Manufacturing Texas 4% " 6 1 Aircraft Knitting Warner &eP 13% 1 104 ;' > 108% 108% 99% .1954 Gas 3%s Power 111 Baking Co warrants 7 105% A-O — Jun • class A Bond Feb 19% Sep 100 preferred. & 102% 2 ' $113% 115 M-N 1948 1st mtge 3s 1964 Pennsylvania Water & Power 3%s_1964 3%s 1970 13 Wagner aching voting trust ctfs ext..* Waltt 9% .74% Sep * ■„, 7. 106% 106% ' Af-N -3961 3%s Park Lexington ■ 70 J-D -1950 Power Apr lst Co L M-S Westchester Ltg 4s Continental Utility Corp— & North 4% May Sep 5s. N Y State Elec & Jan v: 12 % Sep 6 i" 2% 3,300 100 145 deb England Pacific Aircraft 103 $105% 105% J-J 1 .1947 England Power Assn 5s Ohio Waco 103 $67 107 $104% M-S .1948 Debenture 5%s Jan 13% Sep ' Mar 109 2,800 - 3 10 16 Manufacturing...^, 9% -.4,000 20 11% jLll Va. _ 7 111% 105% 7; " ; 106% .1948 110 105 107 0 115% > 109 __ 107% ■' Light 4%s. 55% 105% Apr 600 6s Jan 4,600 •' 103 : 113 1 113% 113% $106 Af-fih 1981 Gas Power 37 104% $110% A-O Nebraska 2 40 37 ; ''u*; ' 1963 Milwaukee 22 -14,000 4 7/8 y'j1 • < Feb Feb 27 101% $105 J'J f-A Midland Valley RR— Extended at 4% to. Jan New convertlole A-J 7. • . 103% 95% • M-S .' 100% 62 v: 1956 il: Apr 7% New $4 2022 High 50 :S J-D McCord Corp deb 4%s %' 500 3% ,..1966 January 1 Low 100% 102% •1 *99% 8% May 6,800 6s Power <fe Light 3%s. —1969 Kentucky Utilities 4s —..1970 20% May 125 ■ J'J Kansas Gas & Electric 6s Aug -15 Superpower Electric Power 3%s Range for Sold No. High J 99% 100% 100% Jun 17% 77 J-J j-j .196k 30% 12% 29 23 %• com.,—10 {sugar....,,—-—•**»» Utah Power & Light common .1957 6s. 6s_ Bonds Friday^ or Bid & Asked Low .1952 Power Debenture Sep 3,200 22% 22 1° Universal Insurance Interstate 17% 22 10 Oil— Universal Consolidated ' Sep 2,300 *l;4% ;- 5% 4 847/a Apr 49% July 24% Apr Sep 46% Aug 275 - Sale Price i Altalian :,'J: Last Period 13 14,300 71,700 4,800 23% 15% -16 77% 200 " • 1,100 . 17% 3%'v;,3; Rubber Reclaiming, Uiah-Iaa.no •. . •.y93 ; 91% - 94%. I:.v\ -15%l;:L 14%;;v15 A' warrants US Radiator common... Universal ' 15% .8 International Securities and S .L.-iL-v:13- 46% 15 • common. $5 1st preferred with U 46>/4 3,650 77% .81 % : .1 U S Foil CO class B__.. U -" 46% >\>ymmrn0rT~-rfr^" ** i ■ I Week's Range Friday Interest Exchange Curb High Low High Low T BONDS York New Range Since January 1 Shares of Prices 77% 28 common* Machinery United Shoe JPr.GlCrjCdJ - ; ;' ; Par ' Sales for Week •> Last Sale Price :7;,;. v' •" Week's Range Friday v.-, Curb Exchange New York WEEK ENDING SEPTEMBER 6 RANGE FOR , ■ *14 4ft Light & Power Co— 3%s N % J 1st lien & cons 5%s United Light & Railways 6s 107% 106% 110 1959 103% 106 06% 106 109% $112% 114% (Maine) 112 116 — A series 105% 107% 4s. 1952 Utah Power & Light Co— Debenture 6s series A Waldorf-Astoria Hotel— A 5s income *4 7 77 debs Wash Water Power 3%s West Penn Electric 5s ' 68 91% Penn •'--77*"':' BO N D S Low Par .1961 Paper 6s_ Elec Pow 3Vis Appalachian Appalachian Pow deb 6s Elec Associated Atlantic 5%s A. .1964 M .1957 — C _1960; . 1963 Bickford's Ino 6%s 2%s Edison Boston 122 126 106% ..—.1970 ... T? 4;H High 101% 104% 109% 111% 121 124 ,100% 101% 100% 104% 105% 103% 106% 106% 105 108 110% 110% 1120 101% ; M-S 122 1105 •7"/-dV; 7; 105 : , - A-0 115% 115 104% 104% 104% 120 111% ^117% 118% $112 ..V7.i7,r: J-U Foreign Governments & Municipalities 107% 110 Va 109 108 . Af-N 7 108% onds 783% IA Central States Electric 5s-.—_1948 A5%S 7 1954 M-S (part paid>71927 M-S 8 A Chicago Rys 5s ctfs Cities Service 5s_._ deb Conv Jan 5s_ , Debenture 5s_ ; Debenture 5s 1968 1950 58% 104% 105% 104% 107% 103.,i 104% 103% ! A-O 7103 103% 73 105 y4 105 % 106 104% 107% 107 % 107% 109% 105 109 % 4%s_. 1954 , J-D J-J ;:V'" / '— :*H 106 110 107 $108 $106 ; 105 ; A > V;\V'-;7':<'v 121 A-O 15 104% 106% 2 120% 70 15 68% 34% 10 121: •. ALima 7,, • ; •. •••' - Fuel 3%s —1968 Elmira Water Lt & RR 8s ——1956 Finland Residential Mtge Bank— j5s stamped ——1961 1948 —1950 1963 —1958 J-D — A General Grand Green Rayon Co 6s ser A Trunk West 4s—; Guantanamo 3% & West 6s Jan 1949 Hygrade Food 6s ser A series 6s B f ■: 1st lien & ref 5s Indianapolis P & L J-J J-D . 106 • 1 105 ' 125% -- i J; 76 f v. 60% __ 5 72% 3Y4S ..1970 U'N ,.1958 1955- $106 J-D f-a 105 107 107 ! -- 71 < (Peru) stamped "■ %8 A6%s A 7s (Dec series A78 A 7s (Aug series A7s C series 1 E7 1941 1941 coup). 75 coupon) F (July 1941 coupon) 1957 1957 f-a jlJ 2Vis to 108% 1952 1 37% 1947 $50 1947 $50 A Mortgage Bank of Chile 6s. 1931 $24 Mortgage Bank of Denmark 5s Parana stamped (Plan A) Interest reduced to 2 Vis 2008 40 $38 48 42 Rio de Janeiro Interest ARussian •No g — — 40 __ ; •' 50 — 97y» .32 27 ' 20% 23% 33% -- 7;7 ;; — 36 50% —- ■ 53 20% 7/' • 52 50% .. *•. 98% 1972 ' .. .t.'* 27% 45 5 99% 7' 7 90 98% $-~ & ~6 41 37 7 stamped (Plan A) reduced 2% 7" 2012 6%s 1919 to Government ..1921 par value, Ex-stock dividend, A Bonds 65 - 31% 99% 7 ' 59% • 36 $34 65 5 — 89 ' '7: 20% 2008 stamped . . 104 105% 38 ■ 26% 92% 5 (Plan A) 1951 105% 1 38 $38 10 7;';:; $20 $._ 7 96 5 .. 37 Vl 44 200 14% 62 6 5 5 14 .106% 104 __ 85 110 38 ; iL 96 1952 A5%s 38 1952 : 83% 80 — 5 29% 99 6 Vis stamped_1958 reduced 7s 78% -.77 '■ — 96, 1955 .1953 a n Deferred delivery Under-the-rule sale, sale, r e Odd-lot sale, f Ex-distrlbutlon. Ex-dividend, y Ex-rights. d Ex-interest, Cash sale, x during current week. $Friday's bid and asked prices; no sales being transacted A6 1 High ' , 29 % 1948 — — Mortgage Bank of Bogota— A7s (issue of May 1927) A7s (issue of Oct. 1927)—. L {International Pbwer Sets— January 1 62% 103 ■ - $82 5s City AMedellin 105% 105 105 92 1 $103% 103% Li 130, 109 % 105% $107 a-0 107% 104% __ • a-o 49% 106 1 106 > 72% J-J — ' $105% .x—s'' % 7 „ $62% ' ; . 82% $81 — ■ 34% 'v-; $125% ^ ' -"7 -- ■'■:V J-J (Jan .1949 1950 ———1963 ,, Service' 5s Indiana M-S ^ Mountain Pow • L 107% 107% J-J Eastern Gas & L 34% ,V '.Lw>S.s.. i',7*. v--:v ,\-.r . '34% 81% $82 Valley 7s Interest 68% Range Since 7"; Low of) Danzig Port & Waterways— AExternal 6%s stamped J26 ' M-B Sold High*7"' Jan 1947 Bank 5%s Extended Maranhao Western RR— Division— • 1st mtge 4s ser A— 1993 1st mtge 4s ser B__ : ^^1993 Bonds Bid & Asked Low April 1948 7s— 20-year Danish Delaware Lackawanna & Lackawanna of N J Week's Range or Friday's Par •• ■ A20-year 7s Bogota (see Mortgage 108% 104"% 104%; > ' Agricultural Mortgage Bank (Col)— ACauca mtge 3s ser P Gen mtge 61 % F-A A-O 1969 1st ref mtge 2%a ser Q —1078 1st ref 2%s series R__ 1981Consolidated Gas (Bait City)— , 58 J/2 ■ Last Sale Frico Friday Exchange 112 82 58% , Curb Interest Period ork 80% 110% 95 (Bait)— Gas El Lt & Pr ref -1st . 82 104% 1969 ; T:82:77^9177 84 % JU-S7 .19587 — Consol ,• . series B 5s series 5s of Canada— High M-S 7 Sold Low no2 A-0 I960 5s Newspaper Union— Range Since January 1 Bonds Friday's Bid & Asked fi lio% J'J .1955 Bell Telephone •1st ;7 .1953 4%s City Elec 3%s_ T & T deb Assoc J -J .2024 or -;V J-D .1970 Writing Amer Last Sale Price Period 109 Week's Range Friday Interest -v* York Curb Exchange New Traction 110% 108 101% West Western 107% 2030 —1964 63 39 til) {Reported in receivership. _ . v . Abbreviations used above—^"cod," certificates of deposit; 60 46 being traded flat. tive; "conv," convertible; "w i," when issued; "M," mortgage; "n-v," non-voting "ww," with warrants; , ; "'7' ' consolidated; "eum," cumula¬ stock; "v t c," voting trust certificates, "cons," "xw," without warrants. ,. THE COMMERCIAL & FINANCIAL CHRONICLE ■-i..,. ''v ■ ■ i1-:.' ■ ■ ><■'1 ! 1 •• „o 1 • Monday, September 9, 1946 .rV" OTHER STOCK EXCHANGES Baltimore Stock V1 ,'V; ' vtc Preferred Eastern Sugars Assoc Merchants Miners & Mt Vernon-Woodbury New cum O Fidelity S Bank : Feb 55% May 41% 19 Va Sep 131 168 Jan 1,491 40 Brach & Jun 158 : Jan 41% Sep 16% Jan 106 30 30 40 48% 390 47 Jan 42% 42% 77 42% Jan 31 400 41 41 5s series A — Vernon-Woodbury 94 % Jan 54 , Co 95% (A M) Illinois 1. Jun Serv Jun Chicago Corp Week's $6 • Range Low 45% Refining com American Sugar & American Woolen Anaconda Copper pfd—_100 common _10G Elevated & Ry stamped 1,238 35% Sep 51% Feb 148% Jan 17 134% 44 77 Aug 37 Feb, 39% 41% .100 — 5% 43 % 5 .100 Stamped y2 54 Apr 55 July 86% May . . Jun 45 43% Sep Service Cities ,vj " 8 42 Sep , Jun • 4 Va % 6% 100 " _j—100 — 100 100 100 series A preferred 1st > > 5 -- preferred class B ^ —• Stores———; National First 16 . . 57% Jun Jun 145 / > Jan *■ >■Apr 47 * v Domestic Industries 46 Sep 41% Jan 38% Class ...—-* B $7 conv preferred Isle —. Central Maine Mergenthaler Rac g mc Assn New Mining Northern RR Old Colony (N H) Folding Reece Machine. Rutland RR 7% Stone - — United U S U S common— - 1,050 23 • Inc Electric Corp— %, 39 37 % 43 51 J/4 11% 13% 77 ■> 60% • 77 —12% 2% 143 Feb May ' 16 Apr 47% Jan, Sep Apr Sep Sep 6% 17% 14 435 47% Feb Feb i Jan 4 Jan 3% Feb 19% Feb 23% Sep 15%'Sep Apr 70 37% Sep 46 440 38 y8 Jan 52% 2,61b" 47% Sep 583 liy2 Sep 80% 750 77 Apr; 60% Sep Sep 85 623/8 79% Apr 48 % Sep 83% Feb > 51% 48 % 51% >>•'•85 %- 115 18% 18% 19% 185 wM-tv:'. »?- 142 r Aug 1% Apr % Aug 1,085 Jan 1% Jan 2% 200 39% 45% 47% 25% Sep Apr ' Apr - 14 y2 Mar 200 18 37% May 79% 30 31% 105 15% 12% 50 Smelting Ref & Min Westinghouse 3% 153/8 ■ 10 > Rubber Waldorf System 1,991 48% .. • 5 Drug" Inc Shoe Mach 34% 43. •::: • Co United-Rexall .3 2% ; July 33 y8 16 Sep Jan 130 130 14 , 16% —— ■ Fruit United ■: % • Feb 14% Mar Feb 75o 450 3A * 22 Va Aug 127 4% 15 Apr Jan 34% 2% — Torrington Co Union Twist Drill 60C 23/8 3% 16 60 Va Sep 17 31% 10 Inc Webster & 65c 27% 61 24'A 26 % 29% 1,005 vJun Jun 53% Aug 18% May Jan 18 23% Jun 39% 26% Sep : Jan & Maine RR— 4%s series A 62% _ 62% $10,000 '62% Sep 62% Sep Week's Friday Range Four-Wheel Gibson Drive Safety Corp Low Adams (J D) Admiral Corp .1 common. ._5 Advanced Alum CastingsAetna Ball Allied Laboratories Bearing American Tel Armour & Co Asbestos Mfg 18 Mfg common— common— • Co capital- "loo .—5 common Co common — —1» Athey Products capital——.— 4 Automatic 8 Washer common 3 Aviation Corp (Delaware) Barlow & Seelig class A com Bastian-Blessing Co common Mfg Co common Belden For footnotes see page 1361. 7% 19 200 12% 8% —5 17% 400 10% 200:: 600 3,300 3% 41/4 4,250 10% 131/4 850 5% 600 5 8 7 21% 8% 23 3,400 15Q Sep 20% July ,201/4 <S 71/2 Sep 650 19 High Jan 101/2 700 r, 10 174% 181 y4 11% 12y2 " LOW 19 common™. & Tel 10% High 10 : 19 ; 174% liy2 147/8 Mar Sep Sep : 18% May 7% Feb 3% Sep Sep Sep 7 Sep 19% Jan Feb 25% May 199% May 10% 5 Jan >131/4 JaA Sep Gossard Co „ 1- 13% Sep 950 5,900 19% is W) " 500 20 ), 32 Sep 23 Sep 49% May 850 18 Sep 26% Jan Apr 17 Feb 25 ,;' Jan' 32% May. no 20 Jan 800 12 Apr 16% Sep 37% May 8% Feb 30 500 4% I,600 26 3'/2 r Sep 22 ;> 2,500 18 Sep 34 21 550 19% Sep 30% Apr 200 s 10% 10% 12 Aug 8% May 11% 12 Brewing Co G 1,000 600 8 7 8% 300 20 25 23 150 >>'17 "• •;-62% 19 % 21 1,150 11% 1,150 9% 100 20% 9% 22 22 • common—«J| . Univ common 26% Aug >33% Aug 55% Jan 330 67 ,6% 6% 100 16% 22% fr. 21% 20 2234 1,300 16% Sep 650 21% Sep 27% 27% 16 17 10% - „ , 16. " 9 17% 10% 8 — — Mapes ConSol Mfg capital *•, u. Marshall • 40% Chemical Co Noblitt-Sparks North Ind American Mfg 6% Potter Co Car Corp Quaker Oats Co St 50 —. common...— common common Works of Ind Stewart-Warner Storkline Fur Co capital Corp Corp Machine (The) 25 21 700 19% Sep 31% May 5% Jan 13% Aug 10% common 1 ; > 700 May ■■ 7% 100 6J/4 Jan 500 68% Sep 103 May 50 41% Feb 50 Jan Sep 19% Mar 37 14 25 % 25% 250 300 10% 5,450 16% 5 45 21% 36 5 12% 41 —* 1 1 1 . * —5 • . Jun 14 Sep May Sep 16 May 127 May 7 l05% 350 50 Sep 31% 1,100 200 My 100 ' ;>/ '":v. 6 :-k •>17 24% Feb Sep 47% Feb Sep 9% Feb Sep 293/4 630 250 6% Feb 102% a- 20 28 17 Jan 29 50 28 A 36 14% 2,200 15% 10'/4 750 9 200 33 . 5^ . Jan 20% Jan Sep 20% Jan Sep 11% Aug Sep Sep 4% Aug 121/4 Sep 1,000 Apr 12% >373/4 July Sep 19% 190 Jan 49 Va Sep Sep 35 1,800 . May 24% Mar 45 22 36 V4 . 8ya ', 30 Jan 37 Jan 600 450 3,600 July 33 y2 Sep 17% 45 114 Sep 2,000 Feb 8% May Mar 14% 40 Va 9 33y4 15J/2 9 19% 35 4J/2 12V* 38% 20 ■ 30y4 15% : Feb 29% Jan 21% 34% v 10 — 32 Sep Jan 7% 6 18% 1 1 • 9% May 108% 6 30]/4 14% * > 23% Jan . 16% 10 29 28 — 25 90 50 Sep Sep 6,000 17 — •13% 9 31V4 / ' Jun 112 IVa .>• 9 42 550 14'/2 38 •. B'/a 30 14% —5 100 26'% 112 / 20 14% 40% 10 > 42 23% 23% 59% Aug • 393/4 Apr 45 Jan 8 3/4 Feb 17% Mar 12% 1,250 41 Va 800 371/4 Feb 49 Va May 171/4 Sep 26% Jun 17'A 25V4 17% 25% 10,0 21 Jan 36 24% 28% 1,250 18% Feb 34% July 34% 33% 35 1,000 33% Sep 41 Feb 26 23 29 1,850 23 Sep 40 May -- A. x25 :. 50 Jun 52 55 250 51% Jan 97 36 100 97 Sep — 97 34 y2 300 34% Sep 78 Va 77 80 1,300 77 Sep 29% 26% 29% 29 29% Sep 1,000 26% Sep 39% Jan 2,000 12 Sep 19 Jan 52 — 51 Aug 72% 42 y8 13 V2 25 — cap Apr 19 May 19% Aug Sep 14% May '44 Aug JUly • .68 V* 42y8 29 1 2 capital . 68 Apr > 38% Apr : 14 Va 550 6 * 25 common Transp 8,050 >>>:> .46% 33% . 1 common ———10 Tool common—-.5- common 43 60 Union Carbide & Carbon L Apr 17 208 8outb La Salle Street Corp com—* Air 37% 20 9% >4/ 9% 2 Swift & Co capital Trane Sep 100 ; 20 - 18% IIV2 10 capital cap Standard Dredge common. Standard Forgings common Sundstrand 38% 23 . common Oil 60 1,300 —* .'// — 7 * ../'•105 com™ Nat Stockyards Standard Feb 43 • Clothes Lathe Inc 59 9 112 :v 21% —10 Corp Bend Jan 25% 1 Corp class B common Louis Feb 13 — 8 com Packing common.— Sangamo Electric Co common Schwitzer Cummins capital Sears Roebuck & Co capital— Brand 35 42 100 (The) 150 100 14% 25 • capital Pressed Steel > 54y2 17% .» 2% common Process May 19Va 14 — RR 15% Apr 35% May 23 72% Corp com (The) Sep 11% Mar 16 20 Penn Electric Switch class A Pennsylvania 10% 38% 5 cap common preferred 41 v 7% Northwest Bancorp common Nunn Bush Shoe common Oak Aug 11% May Jan 6% f. 24 —;*4645 common Peabody Coal Co class B Sep 19 " Inc 112 59 , common Car Illinois Mar 57% July Feb , 950 17% Standard common—10 Northern 23% July i; 15% Jan 50% 10 common..—1 Montgomery Ward & Co common—.• National 110 • 5,500 . Sep 22Vs Mickelberry Food Products common—1 •:>;> 23 /> Miaaie West Corp capital ft 20%. .10 9 55% 500 : Sep 14% Jan 350 32% * Monroe ' May 21% May 111 • vtc 30 Jan •••> -';/:-:;10 Lindsay Light & Chemical common May Jan 6 1,150 11% Inc 36 13 1,650 29 Hart 27 % 50 28 Jun 25% May >• 26% July 80 12% 6% — Jun 10% > 200 57 Ill .. 75 ,'»4 6% Sep 300 20% 9 50 — 10% Miller & Jun Apr Jan 25 $1 prior preferred Minneapolis Brewing Co Modine Mfg common— i;38: 17% 11% common. Aug 16% 23 Co Jan... 12% Sep 300 1 & Jan 1,350 7 Field Mar 25% x29% Libby McNeil & Libby common Printing Co common $3.50 preferred com 71 25% "19% Sep x25% 64% 1 18 • Lincoln 30% Jun • 22 19 5 Feb ApT 26 ^ f Feb Jan Sep Jan Jun ,14% > 42% Sep 19 Aug . 79% Feb 100 27 Va —* common Jan 950 — » Drug Co common. 1 Kellogg Switchboard common » Kentucky Util jr cum pref.— 50 6% preferred ————100 Co 24% 62y4 '£ Ext Sep 20 V4 , & 7 - 19 66 *—.—10 Warrants Salle 16% 19% Hupp Corp common (new)——.1 ,, 52 62J/4 — Feb 253/4 20 ♦ Jun Sep Sep 55% 3,050 32% Feb 12% 27 Jan 9 2,250 32 ■ 18 > Sep 19 y 600 9%; May 21 Va Apr % 100 22% 55% -59% 58% • .- 9 ; ' • capital II,950 47 9 • common 10% > 45 xl9% 9% 1 common 12 11% 9 45% .10 common Illinois Brick Co^capital.— Leath Jun " ___• com Prod Jun 19% — U S Steel 400 36 13% "3% 23 Feb 34% jan Sep 21 \. ; 26 4% 1 14'A 20 25'/2 29% 700 ; 413/4 12% 8 La Jart 25% Sep 18% Feb 18 :. Hein Werner Motor Parts Kibb Spencer Bartlett common United 18 95% May 21 13 10% Jan 32 271/2 May 140 19 common Corp Steel ••< Jan 20 Inc common (H Jan l'."*' 73% Sep 99 > Sep 78% 32% 22 Jun * Sep 20 21'% 10 8% 10 35 •A> • 46% 100 29% Great Lakes D to D common—. 201/4 ; y 65% May 5 common Co Razor Goldblatt Bros Spiegel Range Since January 1 Jan 15 Auto Refrigerator Gillette South Shares Jun 59 15% Sep 2,050 99 31% Pox (Peter) Brewing common 1% General Candy class A ; 5 Finance Corp common..—1 Sinclair Oil for Week of Prices 14% July 10 Dock Co common——. Flour Mills of America Inn.. Society Sales Last Jun Feb 8% 200 27% Signode Steel Strap Co com (new) Sale Price 28V2 » £$# 19% 1 Shellmar Prod Corp common— STOCKS 211 Dredge & Serrick Chicago Stock Exchange Jan Jan Ov: 400, 1 •Rath BONDS Boston 46>/a 46 Feb 20 : 550 25Va —— 7 15% 100 preferred Association Shawmut ■: 28 — Sep July Sep 18 18% .4 34'% • Corp Jan 33% /: —50 RR Quincy Mining Co Reece 4% • 3 43% 130 % 136 1 1% 132 132 ~ 100 RR Pacific Mills common Pennsylvania 1317/a 1 100 2.50 100 England Tel & Tel. 5 *■?', Aug 136% Sep 4% Feb 7 • Aug Jan 28% 61 % 60c 45.' Mar 15% 17% 63c \ 1% 27% 61.; 20% . 61 21 —1 Cos Service Butte — Feb 112 49 19'A 19% 7 7 8 Nash-Kelvinator North 19% —* 1 Linotype Nariagansett 10% Feb :42% Apr Jan 4'A 43% AlkaliWorks—• Mathieson National 3%,. common—„—100 RR 3% 22 y2 136 136% 3% 3% — ; • ——25 Copper Boston Theatres—i Loews * : —— Copper——„_15 Royale Kennecort ' v. —; 51% Sep 45"% Feb Sep 3,400 23 Electric Household Util Corp Elgin Nat Watch Co new com Fitz Simons & Connell Apr 52.15 May 43.88 Sep . > 40% 78Va x80 __ Katz Capital Corp.—.—— _1 45.50 43.88 45.50 Emctno ..—*.......38 %, 42% Gillette Safety Razor Co * 31% 30 34 % Hathaway Bakeries class A— * 38",8 38% 43 General General 100 65% Jan 25 15i/8 May 124% Feb 114 140 23 99 70% May 54% . 22% Apr 5% 184 260 V : 20% Inc class A Indiana Sep 25 447 43% « Feb Aug 29 50% Sep 5 t c B Jan 16 ■ 8% • ^ 10 Indep Pneum Tool (new) Indianapolis Pr & Lt common ■H- 27% 60% f Apr 120 Sep Jan 30% 30% . 8% Sep 101% 18^ 31 29 27% 58 1 Service 115 - ~i , Public Engineers 5 101% 10iy2 120 130 32% 35 a 130 5% pfd adjustment i-; 34 Eastern SS Lines-Inc common --* >> 16®/s Employers Group Assoc. .——.* , 30 6% ,™ 5% 5 j, 5 common Common part shs Heileman Street Ry— Mass 1,300 46% Harnischfeger prior preferred 10% Jan May 113 Sep 9% { , Hammond Instrument Co common——1 ^Common 18% 55 44% 14% Feb Eastern.Gas & Fuel Associates— Eastern ? — Dodge Mfg Corp common new—_lo Doehler-Jarvis Corp 5 General Motors 12% Feb - 1 " —.100 common Biscuit Jan 6% Sep 26 Sep 8 * Range Co„ Copper 6% 7% 5 10 Hecla.. & Jan Feb Sep 45% General 20% Jan 21 Jan 25 Jan 33% X107 200 Co—: Feb Aug 9% Aug ,11% Sep 39 ' Co Consolidated 27 Va 43 y2 40% Service Sep Jan 2% 197% 201% 22% J. Goodyear Tire & Rubber Calumet 19 25 Va /- Jan Juit 550 144 , • 91 • 114 26% May 8% 1 10% Sep 10 .100 pfd stamped. 1st D 45 .100 ——- class 150 Mar 78 Jun 153 May 25% May . Sep 51 % -100 10% ' Sep 77% preferred prior 5% 41% 48% class A 1st pfd 7% 70% RR— Maine Common Jan 134% 137% • Traveler Corp Herald Boston 30% .100 Edison Boston Bosto'n 327 '-lT:^fl8' 710 Feb 51 % 25 Boston 58% 200% Jun Sep 300 May 17 2% 9% 5 preferred Southern Air Lines Consumer 52% Jun 19% Mar 150% 150% 150% 4 i Albany RR & Boston 38% Mar 173% 35% Inc Son & . High* 47% 49 Bigelo'w-Sanford Carpet 6% Bird 95 145 6,312 43% — 179% Tel Tei 49% 48% 173% 182% Chemical Co American Agri American 40 66 51 13% common ' Low 39 Feb 59% May Sep 2% • (The) Co Inc Commonwealth Edison common Range Sinee Janrary 1 High 700 jun 22 Mar 39 500 108% 109 — 109 50o Coleman Shares 20 <41 Aug 8% 50 29% __ for 5% c Cities for Week of Prices 20 400 19 1 Chicago & Chicago Towel Co com cap-i.-;—.Chrysler Corp common— Sales Sale Prioe 9% 25% preferred Convertible ' Last ZZ 450 44 30% July v 43% Sep ', 40% Mar 550 - Sep Sep 13% 200 ,17% Feb Jan 14% 500 23 8% __ Exchange Friday 20Va 2,050 >' High 12% Mar . 550 52% >v 41 * Cherry Burrell Corp V t STOCKS 23 ' '' 10 pfd common Pub Preferred July 103 99% Jan x47 10 Chicago Milw St.Paul & Pac wi Chicago 81 North. Western Ry—• Boston Stock 1,250 : ,C . 13 ya Central 111 Secur Corp common Convertible pfd Mar 101 7,950 44 •• 1 Corp & Central Apr 45 2,000 102% 102% 15% 43% f> Brothers Castle 433/4 May . $33,000 99% 15 13% > 14% „ common Butler Mills Inc— (subordinated)—. 20-yr debs '• 94 14% • Central S W Util common Prior lien preferred 99 % 24 15 Range Sines January l Low 15% 21 - Jun 37 Jan 47 (E L) Burton-Dixie 473/4 May May ,, Sep 50 47" 13% 23% Sons Bruce Co 58 98% Mar 118 14% (E J) capital— Brown Fence & Wire cl A pfd Common Aug 31 48% 104 Shares High 1 Borg-Warner Jan 186 :>.> 50 41% 48% 104 14% 200 t.' 40 —1975 I—1975 4s Co Transit Baltimore 4% 600 A Bonds— Mt 41% 14%, Low 1 & Laughlin Inc common™—__5 ,> Borg (George W) Corp > Corp common.... 5 13% May 28 of Prices » Bliss 31% May Feb ■ Sales for Week High Sep 4% •V 30 & Guar National Western Low 23% 40 41% 50 50 20 pfd 5% ' 940 184 40 Trans.,———* Mills com 20 --108 Commercial Seaboard 1f£h0£,Br£Wln* ?0r,P Binks Mfg Co capital Range Since January 1 ; * / 920 14% prior pfd Amsterdam Casualty— 6.75% ' 10% 25% 180 20 10 & Deposit Co.— Fidelity & Guarantee Fire Corp Fidelity 1 ■ ' —1 vtc com ". 35 38 *00 — High • Par. '• > - Week's Range » Sale Price 9 *9% v t o common Shares of Prices 23% * Corporation . Sales ••(•.• •, Low Arundel Bait Transit Co . . Salo Price ♦ Friday Last 1 ' for Week •., STOCKS ; Exchange Week's Friday stocks FOR WEEK ENDING SEPTEMBERS RANGE . 61% May 120 523/4 97% May jan Feb " Western Union Teleg common.. 100 Westinghouse Elec & Mfg com.—_12V2 Wisconsin Bankshares common * — 29 — 12 14'% 100 52 Jan """"'Wsur a Number 4523 [Volume 164 .';?•£ v.; ;Av; '' f*r,,\ THE COMMERCIAL & FINANCIAL CHRONICLE OTHER STOCK EXCHANGES RANGE Last Woodall Industries Low 11 Va 150 11% Sep 17% j Kelley Island Lime & Trans Jan Lamson " Yates-American Machine capital a S 9 50 9 Stocks— ; Sep 13% May • ..//'•■;■ \ AA/ 7; ' 4 American Radiator & St San com. American Rolling Atch Copper Mining Top & Santa Fe Ry com Bethlehem Steel Corp 16% 14% 37% 31% 35% 38% BO 100 # ■ 35% 39% 94'A • common vertaln-ieecl Products 17% 1 Columbia Gas & Electric • Continental Motors 1 Curtiss-Wright 1 •9% 10% Sep Apr 42 Aug 51% Sep N Jan Sep Sep 13% May 13% 11 20% 6"% 6 12 % Farnsworth Television & Radio- 10% 10% 10% 10% Sep 16% 41 % 39% 42'A 39 % Sep 51% High 575 17'A V 1,683 10% 17% Feb Jan 23 23 25 25 Apr 62 62 25 72 Apr 53% Jun * Mfg 47% ? 47% 17% 17 ■\ 4% 4% • A 5% 1,190 235 17% 245 19% 33 • 22% May 41% May Sep Feb Sep h 33 26 80 27% 380 A a31% a34 • 357 297/8 Apr Jan 29 % May 40 July 27% Aug 23'A Mar 31 Sep 47% Feb 10% Sep 19 Jan 406 33 51 Vt 53 8 Va 35% 4% July 56 alOVa alO% • Bros Jan, a23 V2 26 50 Rlchman 32% a20»A 33 .* ... Jan 50 7A.A 16% a21 __ • Corp of Amer (Un) Republic Steel (Un) 50 480 al8 ♦ Corp 47% A'-A 18 a29% a29% • (Un) (Un) Radio Apr General & RR LOW 14 9 * ; Brick Sargent Pennsylvania RR (Un) Feb " 1 Patterson Apr 6 Tile 10 * Cement Paving Central Oil Packer 25% July 9% 10% Y Ohio 13 " Range Since January 1 4 High * Acme National Jan 106 11 ~6% National Feb 110 Jan Portland Metropolitan Feb 17% 20 Medusa Apr 23 Jan 104 —. 7% Sep 14% 10 Anaconda 4 A 4% 37% 15% * Mill ; Low 10 Machine (A G) class B_. McKee Alleghany Corp Shares • Sessions & McKay Unlisted for Week Par High Low High 11 Va * common Sales Range of Prices Friday Range Since January 1 ' Shares of Prlcea Par ■•V Week's Last Sale Price for Week Range Sale Price 1 STOCKS Sales Week's Friday STOCKS WEEK ENDING SEPTEMBER 6 FOR 29% Jan 40% Feb 51'A Sep 63 Jun 15 Feb 24 y4 May July 55% 1,393 al6% al6% 35 a24% a26% 450 a48% a48% 20 a76% a82% a26 'A a26% Feb Electric Co. Graham-Paige Corp Iron 7% 8% - 7% York Central RR Pan Amer Airways Paramount 2% Inc new com 17% Sep 37 Sep 3J> Jan Sep X31 15% 16% Sep 32 V 28% 38 Aug : Ohio 10 common common common (Un) * Works Refining » Chemical.. & .» — * 26% 2 Motor 7" • . 1 Publishing 4 Jun Sep 97% Feb Apr 34% Feb Sep 76 Vt 400 4 35 69% 47 262 25 4 Aug 300 a28% a28% ' 30 20% Mar • 5% Jan 50 27% Sep 44 Jan 25 35 24 Feb 39 July 37% July 24 Youngstown Sheet & Tube Youngstown Steel Door common A • (Un) a65% a69 V4 208 al9 Va a20% v v* 80 61% Mar 83% May 18% 31 Sep Jan Feb 67 59% Feb * White World J Apr Sep Sep X31 33 24 Steel of * Products Dorn Iron Warren 10% May 6% S Van Apr 27 15% 31% 33 Vi Pullman Incorporated 19% 6% \ 8 16% 1 Corp Pictures 18% Oil Thompson Jan 27 Rubber Standard U Jan 25% 17% ~7% • Pepsi-Cola Co 44 Sep 27 19 • 10 Car Feb 15% xl5% 17% capital North American Co Motor Feb 8% May Sep 38% (Glenn L) Co common— Nash-Kelvlnator Corp Packard Jun 20% 6 6% Martin Hew 13% Jan 8% common. Laclede Gas Light. Sep 13% Motors Interlake Seiberling 28% May • 21 23% 20 Feb Radio Corp of America common ■ 10% 12% 10 % Sep 19 Jan Radio-Keith-Orpheum Republic Steel Corp common 1 17% 19% 17% A 28 A Apr _• 29% 33% 29% Sep Sep Socony Vacuum 15 15% 16% Pure'Oil Co (The) common Oil Co Inc Standard Brands common Standard Oil Standard Steel Studebaker of J N Wilson & Co Feb 78% May 14% 1 1 15% 14 Va Sep 22% May New York Stock Exchange New York Curb 28 Va 25 Sep 38 % July Detroit Stock Exchange Chicago Stock Exchange 9% 8 Sep 14 8% 1 62% 71% 6% May 3% 16% Sep Jan 86% 14% Sep 20% July 4% 14% common Associate May1 66% 3% BO common Co. Members 25 69% 25 common Sunray Oil Corp United Corp XJ 8 Rubber Co Watling, Lerchen 18% Jun 15% Sep 3,050 * Spring Corp 15% 40% July Ford! Building Apr DETROIT Telephone: Randolph B530 Cincinnati Stock Exchage 8TOOK8 Last Range tor Week •f Prices Shares WMMS-M■. American Laundry Machinery—.—.20 American Products 7 —• prior pfd preferred Participating Carthage _ Mills Cincinnati Ball N O T & P- 34 % Jun 90 47% Feb 65 A May /.A 19 18% 19 12% Jan 20 8'A Cincinnati Union Stocks Yards-—-* 14% 27 28% 63 Preferred ; •• 240 Motors—;—.———,* National Pumps * * Preferred ".<< ; 1,040 ,* } American Rolling - Columbia Gas «.« A * General >, —————.—.* Brands Davidson Bros i 11% 11% 12 A. 1,045 10 776 % 7 2,330 20 24% & 14 Aug Steel • , 10 14 Apr. 5% 90 50 % 266 32 52 177 50 5% Sep Jan •. 11% May 71 Jan ,• A v Apr May 8% 57 Michigan Die Casting. Goebel Brewing Gerity Graham-Paige M Feb » AA'-e V Houdaille-Hershey Hudson Motor Manufacturing Alleghany Corp American Coach Jan 42 Aug Klnsel Sep 41% Jun 27% >K38 28% Jan 42 May 9% 10% 1,206 14 Jan Masco McClanahan American Tel & Sep 187 1/64 Sep 55% 60% 660 55% Sep % AUg 80'A Aug 22 21% 23% 215 20 Mar 28% May 39% 42% 53 Packard Motor Car— -A 101 39% Sep May Wheel Davis pfd Cliffs Cleveland Graphite Bronze Iron (Un)__—1 5 (Un) Tire 15 Gabriel Co -General — Rubber & (Un) Tire & Glidden Co .com Goodrich (B Rubber common F) * common Goodyear Tire & Rubber common Drug Stores Great Lakes Towing common Grelf Bros Cooperage A— Gray Halle Bros common-— Preferred ■; Industrial Interlake Rayon Iron —— - & 50 * * Laughlin For footnotes * * * — Jaeger Machine Jones see 25 Va ' 51 % 37' 100 page 1361. , Jan Feb Jan Jan Jun 44 % May 104 »/4 July 77 May Sep Jan Sep 34% 71 A Feb 60 Feb May 4o 11 Sop 23 Va Jan 83% 52 ** Timken-Detroit Axle Tivoli 14 Sep 14 Aug 6% A 2 Va Apr 8 Sep 100 77 5 Sep 2% Aug 2,155 7 1% 9% Feb 4 Jan 13% Mar 5 Jan Jan Sep 3% 224 26 Sep 34% 14Va 450 12% Sep 21% 3% 7% 1,747 3 Sep 2,150 6% Sep 5% 11,950 . 6Vs 40 5% 650 , A: 5 36 5&8 1,200 7% July 47% Jun 7 Jan Feb 100 3% 4% 1,560 6V4 6% 750 lOVa 685 14% 1,955 9 5% 250 1,400 900 Jan Feb 16 3% 5 12% Apr 14 % 5 Jun May Sep 100 ; Jan Jan 5 4% 14'A 8% 5Vs Union U S —10 19 % 1 1 11% Brewing Udylite common & Class Co Sep 4% May 4% Jan 6% Feb 6% 8% 9% Sep 13% Jan Mar 19 % Jun 6% Jan 11% Jun 5% Sep 9% Jan 5 Sep 6% July 18% Sep 26% July 5 / Sep Mar 10 1 15%. A class A__ * *'" B Warner —, Aircraft 1 common A — Feb 2,633 11% Sep Sep 42 600 200 1,372 7 V4 J4% 7% 15% 16 16 A': 200 8Jan Jun 17 8% Jan 13 Mar 207/« May 39 Jan 42 Jan 17 13% May 27/8 3Vs 2,600 2% Sep Aug 6% May 2% : — 4/7 K 2% Wayne Screw Products new com 4,450 vi7' 7% , 810 7 12% A 6V2 11% common I 19% 42 v ' Radiator Walker 18% 6% * Investment Feb Jan 60 Jun 95 36% Jan 56 % Jun 8 88 % Apr 35 52 85 / 126 980 13 150 115 75 274 68 Feb 58% Jan 22 J/a Jan 30% Feb 51 Va Sep 31 Jan 53% Apr 77 Los 2% 1,900 2% Sep 4 v Apr Apr '• Jun Bandini 60 Aug Barker 51 May 55 Va May Petroleum Co Bros Corp Barnhart-Morrow common Consolidated 54 Jun Berkey & Gay Furniture Co.. Blue Diamond Corp— 11% Sep 20 Vt Feb Bolsa ?®,/ ®eP Sales Last Chica Shares Low 3% 4Va 1 90c 3% LOW 1,925 30 524 90c 1.05 7,200 250 1 a 3% 3 7% 7y8 9 6,960 6% 5% 7% 19,168 48 56 % a28% a29]/a 2,489 118 26 Mar 35 Va Aug 110 39 Sep 53% Feb Byron * 54 54 — Range Since January High 29 • 31'A Co for Week 1 Oil Jackson Range of Prices Far a39% a41% 95 Week'* Friday Sale Price 32% May 39 Angeles Stock Exchange STOCKS Corp 1 Broadway Dept Stores Inc common—* 3°% — 1 Jan 11 13 Va — 1 Superior Tool Feb 34 15% May 80% 42 54% a35% a45 al2% al3% i. — 10% Jan 39 Sep 55 Sep 37% Feb 37 54% ,— Pattern 28 Sep 9% ' — 1 common Jun Feb Sep 19% Apr 57 35 51 Va — • 10 new 26% 23 16 4'% 4% 2 ..... Jan Jan 66 213 291 a59% a64% 24% 26% — 5 (Un) (Un) * • 28'A 96 57% 22 Vt 42% 46 8V4 25% May 200 Vt a71% a71% — : Paper Feb 15% 14'A — Standard Tube class B com——1 v a41% a44% — (H W) common 8% Sep 1,150 2Va 4% -1 — Mar 3% * Investment 6 26 38 4% Jun 8 2,400 7,7 7377 , Feb Jan 8'A Jun 20 all% al3% „ * v High 9% a55% a60 a39% a44'/a a38% a41% — 5 (Un) 6% Aug 4 Sep 16 % Mar 173% Sep 232, al2 a 12% a59% a59% — • —10 General 305 50 30% 30'A 218 97% j; 97% 100% ;V< 367 6.0% 60% 60% 115 23% V:-; 22'A 24 1,608 a48% a49% 23 Jfa48% a48Va 44 „ 1 (Un) Motors //' —, \ 25 (Un) Electric General . > —4 —* Eaton Manufacturing ;'A 505 20'/s — * - Cliffs Corp Consolidated Natural Gas (Un) Railroad 7 a4Va 18 tow A 1 Brewing Simplicity Range Since January 1 A;AaA ai73% al81% —* - Cleveland Erie 6% a4Va 18 100 City Ice & Fuel Firestone 6% —7.A' 1 common July 16% 150 6% 2% 12 % 3V4 3 ' A >.6% Products 23 80 905 8 26 , Jan. 5 200 1% .. common Metal Sheller Mfg lVa • Sep 600 2% 10 A 2% Scotten-Dillon for Week Shares High Co A Sep 12 % 2% 5 ^ Chemical Rickel common — Corp Murray River Raisin Sales Week's Low '/ 1 National Stamping i ef Prices 1 5 Tel Oil 9% 1/64 Mar 9 640 , 8 1' 16 56 16% May 1,220 16 6V4 77 2% — Sep 21 11 6% A Jan 12% ^ • 24 16 12 % 7 7 24 4 1,276 5,420 8% 77197/a — _1 Products 1/64 Motor 24 Feb Sep 100 * . July 6% 2% 420 6% 6Va 5 Aug 18% Mar 38 218 9 8- 17 May 36% Aug 7 4% Mar 200 56 Va 5% 6 Feb 2,350 .. 20 ' ' 1 Screw 12% 9 8% 1 — Drug 2% 20 — Lakey Fdry & Machine 5% 56 6% •' ; — 27% 25 % Feb 12% t 1 126 Range a—50c ' Corp 25% Par (Un)—.•—» & Body v * 465 Sale Price f A'A-A 1 >■ —10 A: class 32% Last :7;A ? •. Car 39% Friday . 1 ; Hoover Ball & Bearing Jun 53% Mar Cleveland Stock Exchange , 'v Sep 26 9 aw—I, —— l - 13% 100 Apr 7 Jan Sep Feb 28 ■ Mar 4% 110 — : 9,6087 13% 2% — ,_1 9 23 2,225 . 31 5% — Finance Motors ,—7 31 7 — class B. General Prudential STOCKS .-..-.1 350 ; . 13Va 7 1 5 31 —. ^__5 3 35% 27"% 10% 36% 2% 30% i. 11 A 4% General Jan Sep 10% Jan ■ Sep :A 3% 32% May A 23% 100 Jan 9% Sep 6,796 3% 5 34 % Pfeiffer Brass 1 Mfg 6 Va 25% 3% 33 65 Va . " Jun 16% July 11% Aug 23% ' 2 Ale Gemmer 6% 77A. 176 l ... Corp Frankenmuth Brewing Park Akron Stove A 5( A— 1 A 10% Mogul Parke, ■ Navigation common Gar Wood Inc 52% July Mar Detroit Peninsular AvAAA/Af: Cleve Edison Kaiser-Fraser -- 10 : Motors Oil Standard Jan 58% Rights—---.-r—- Pure 23% Kingston Products Service ■ Sep Friars •?' 36% .25 Mill City Ice & Fuel——J—.——»• Cities 11% Federal :f Unlisted— '/y.AA ' 690 Jan 29 20 -A 13 % Eureka Vacuum A————A.—.5 56% May A Mar 11% Apr 7 A, Sep 58 Va Sep "450 62% 30 5% 11% Sep 51%' 52 13 Va 44% 47 — d 7% 58% 5% ... —*7 .—50 — Feb 1 Electromaster, Inc 6% May Feb. 135% Continental Motors Detroit Jan 21% Sep 23 u. —— Detroit Gray Iron Mar Sep 99 Sep 5 28 ■f . 20 30 61 30 * Class B tT S Printing, 30 70 Aug 49 25 A 12 A 7 A 'Aw- Gamble— Randall class A—-'w—— & 12 4% All 426 49% 29 ' — ;. 52 46 28 37 A A 15% 19% Detroit Jun Feb 204 385 Apr 29% May 5 19% July 145 ; Jan 50 77 225 13% 52 47% -- 57 • 44 . A 13 52 * ———* 5%51 50 — —u—-——50• — 24% Mar 150 60 50 ——* Kroger Lunkenheimer Jan A Sep w.. 5% ————w* /' ——————» 18% 80'A Sep 19% May 75 May A 2% 19% 15 18% Aug Jan 53 10 106 21% ;A 19 Sep 1,000 2% Sep 33'A 153/4 May , * 2% 7% Feb Sep 12 840 99 Jan Apr —-A 4% 100 420 A A 99, Consolidated Paper Jan 77 4% 13 37 153/4 Jan 245 7 Machine 20 Sep 4% 12 331/4 99 Detroit-Michigan | 22% 120 Burroughs Adding Chrysler Corp 110 10% 1°0 ,7 — —A 1 Feb 13% 55 18% t 7^ Range Since January 1 Loto High Hiah * 115 15 SO 11 18% Aug Loto < lA7l3 Mar 89 27 ———• wA' Hobart class A Procter 119 120 Hatfield Meteor 1,654 18% 21% — •• 15% 14 Shares 1 — Rubber May 95 11 7:' — Eagle-Picher w——-w-10 Kahn 14 13% — —-—____——* A 102 Baldwin Briggs Mfg Brown, McLaren A' 13% May : Allen Electric Aug 109 100% 101% — —* —-——,—* ——— 30 14 Early & Daniel— —. 5% Mar 111 100 — 101 Insulation 20 A 8% 110 60 Gibson Art: 103 ;v ?; Sales for Week of Prices Par May Sep 45 50 Cincinnati Formica 13% Jan 50 Week's Range Sale Price Jan 120 Exchange Friday Last Jan 6% 21 47% 15 , 46% •> Mar 90 50 ... 6 20 20% i 21 Cincinnati Street Crosley Motors Crystal Tissue v 6 47% 20 A: Telephone 34% Sep 317 37% ' STOCKS High /'/a; 90 5 20% ■— 100 .—— Low /A 5 Crank.——• Range Sine* January 1 High Low A 6 6 * -* Cincinnati Gas & Elec pfd C ; 36% , * . Champion Paper & Fibre Churngold —i-~A; Detroit Stock* Sale* Week's Friday ; 8ale Price • 3% 48 7 3% 29 60c Sep Sep May 1 High 67/a Jan 41 Jun 1.75 Aug 6 3 Sep 6% Feb 8% Apr 5Va Mar 48 Jan 7% Jun 31% Feb v Jan 70% May 40 Jun THE COMMERCIAL A FINANCIAL CHRONICLE OTHER STOCK Monday,, September 9,-1940 EXCHANGES ' RANGE FOR WEEK ENDING- SEPTEMBER (I ' ;r V; '..-'ULast 8TOCKS— '■ COMPLETE INVESTMENT ANO BROKERAGE FAIRMAN & CO. Member Los Angeles Stock Crown Zellerbach Corp_—— A Listed — Electric Bona- &" Share C0.1———A.5 al7% Goodrich ','v: >•■ ALLEN & CO., NEW direct Private Wires tor"-■ ■ YORK ;:">"■ uraiiain SCHWABACHER &CO., SAN FRANCISCO ' Iron Range of Prices Last Sale Fries >'•>/>. Corp common--* Corp..... 100 Products-Corp..!——-1 -Aircraft Co———----——1 Cessno " 00 35% Sep Chrysler Corp1 Colorado Fuel & r--x,y* — ' xoll 0 Sep 33 17% Sep '"X 45 27 35% Investment Central Certain--teed 25 Sep 136% Sep 23% Jan 24 Feb 17% Sep Preferred 34% Consolidated Steel Corp-—— Jan. 24% 750 22 a813/s a91% .~i 145 90 May 22 — : ■ ■ —4 Equipment Co——5 Electrical Products Corp.—— Emsco Derrick & — & 1.90 & Radio.— .— ,* class A———1 10% 13% •• Television Farnsworth Stores Fitzsimmons : 58% 1 27 56 ; 85 85 — 20% Feb 10% 1.65 v 1 6% 6% 6% 1.05 1.00 1.10 10o —1 18 -10o 1.9#' „r.29.% — 1 — 30c 30c Wells Co Lane Lincoln Co — Aircraft Corp Oil Mascot Company— Co————1 4 Company——1 Monogram Pictures Corp—. -1 National City Lines Inc——————Noruoh Corporation,* Lta——, —.-1 '* Petroleum Merchants 60c 7 al7% , ; - Northrop Aircraft InC————1 ' Occidental Petroleum Corp1. .1* Oil Oceanic Co——, Jun 20'% ;Clay. Products— Pacific Finance Sep 26 Sep Sep 38*/2 Apr Pacific Gas JSlec <»■ ' ^2» common.— — preferred ——_—,——^-50 :: July 27 Jun Mar 50 Jan, 6% May Richfield Oil GCrp 72%c —*>;M5% commott.. : Wa-rrants ■ 16% Texas ' ; 14% ,, Ryan Aeronautical Co— • L U ^30 Shell Union Oil Corp———— —15 Sierra Trading Corpu—;—C_-—25C I Signal Petroleum CO> Califs— — 1 v Oil €Hnclalk ■ ■■ ■--- ■ Aircraft Solar 25 34 4 31% 6% 5%% 31% 31 41% 40 y» — - Pacific BOuthern — 50'/s 51% Company———*.• : Standard Oil en of Calif • V Inc.—.J**..—..——50c: Transamerica. ■ corporation , „ Goal : —2S * 17% : ,,..,23%, JVeber Showcase & Fix 1st Western Air Lines Inn j2iyi 24'/a 10'22 ., tTniverSal Cons, Oil Co. ; Aircraft Corporation—— Corporation (Del.)- 23% pfd—__ 1 —.— 4 33*% 34 . . v v 17 S Steel Miiifng Stocks#^— Gold- Calumet Mines ^10 Company Stocks-^ Unlisted & Rad 4L Tel Viscose Amer * 15% a497/e Tfei Co- & 10ft 179 V2 Corp_i«——_14' "4—Mmtog Cd-«——8(L ' Anaconda Copper Annour & Co — 5 Atch TT.& S F Ry Co-. Atlantic Refining Co Aviation —— 12%: 100 (inI—.— ; 10 May Autocar 15 16*/s a97*/8 (The)——25 — Corporation ' —;.„.T Barnsdall Oil Bendix Co_— 1,365 a48% a50% 179 180 234 2; 191 ; a57%a6iy8 Jan 39% Apr Aviation 5 Corp——„—5 Bethlehem Steel Corp—- —; • Boeing Airplane Company————5 Borden Company —————- Corp Borg-Warner 11% 1 1,190- 13 2,640 a907/8al02% 348 a387/a a42% 60' Jun 16c 15 Case I J Pacific Railway Cb——25 Co— 25 Caterpillar Tractor Co Cities Service Delaware 'Jun Gohimbia Gas^ & Rights Commercial Electric Corpu-, - __ n37y2 — a25 __ 24% — — * —25 Commonwealth & Southern Corp Cons Vultee — * Corp Aircraft' Corp — a23. a31% —3% 1 — Continental Motors Corp ,1 137A Continental 5 — Oil Co For footnotes (Del) see page 1361. Jan 76% Sep 20% 21% 725 27Ya 27% 310 20% Sep 27% Sep 28 •' / » 4y4 28 •: 28 13% 14% a46% a49Ve : : Jan 7v8 Jan y; Sep 770 28 13 y4 63 pfd- 96% Feb *;V: 39 V8 Jan f Jan r i**t — Power As Electric Storage' Battery—* General Jan 42 Sep 42% Jun Sep Feb 7%, Feb 13% 98% . 69% Jun 59% Aug 14 1 May Corp* 25% July Reading Salt Co - • " 21*/4' Sep1; Jan 30' Mar 20 Aug Jan Feb May ->I3%;Sep_ .140% Jan - i- «% •;» 7 %23%' 43*% 25% 3f% 120 120- 790 ., -25% 27%- .19% 7% 7-%- . .... V!. 55% '52% 69%. 62%- 63- - : 25% 47% -Feb 49 y8 July . 30% May May 121% May 33% 52 > ■„ '1.173 45% Jan Sep 19%-Sep , 145 . 67% ..— •> . 525 Jan 27%' JUn , 117%. July 30 915 21'%' , Sep 9% 25% Sep 7*27%' Feb >8,822 - 2 -Sep- 30%. Sep40% Feb 235 28% :30% 6% 21%- Sep1 " 3;470 44% 26% - Jan May 17% Jan "17 Jan >r8%"Sep f 1% Augt ' - 3,632 - 55% Jun 80% 70' 12 Mr Sep 2,606 34-% > Feb * * '26%. Apr Sep; ; 972 31% 20% 55% ">40% 125-- 9% 30% 2*5% * 670 ' r;2. 21% 100 " "' 33% common— ... ; * 8% 6% —J. > —* .50' 50 - 749* 12%- 1% ■ 22% July * 42V8 Sep * 61% >3,316* 49%' ---.•-95"" * 26%. Jan ■ " S-,592 47% 58% 9t Corp——_1Paper common.—.—!——v Sun Oil -J. —• 28% May 121 geC" >->95%' Sep 832' 11% Sep s - ; 12% '; 1% Scott . y 38% Jun 48% * 1*2% 24% '42% ^ 59 v., Oil Dome >•37% * 26 % - • —i16 ; ^4.4%' preferred 21%iMay Jati 24% ■ * 14 22% /;13 v* , Pfenna Power & Light!—— Pennsylvania RR —; — Penna Salt Manufacturing——. Philadelphia Electric Co common—*.* ' $1 preference- common—...! :..14%- Sep 355 14% 11% common-———5 * — Vb Sep Sep Sep 2C0%JUn > 23 140'. 95% 106% ' Pennroad > 25 ^ 108 31 Mr Jan. Feb >42% May 27% 173 3,044 : 27%" •-'*"->361 100 >• — I Motors— Brothers Blgl1 Jatt 83% 1,671 ' r 24% 14% v 13% Light Low • 34% 23% *:; common Range Since January 1 * —6 ; —— Co Sales 182% > 77/e'Mar 33%* Feb l2,/4.7Tun 52% Jan 60 : • 64%, Feb 78% Jun •" 52: July „ 27%- Apr 35% Mar 33% Tacony-Palmyra Bridge— Jan - Class A- participating!!—!..—!;——*' 12% Feb Mar Unnea Sep IOC Aug 21c May May 20c Jan United Gas Improvement.!— 8c Jan Westmoreland May 24c Jan preferred 2l/4 Sep 3,609 3% 4%. 1,300 : > 1,138 , 1,806 3% 47% Jan 48% 19% —L0-' 22% 20% ■ 100 19% / Sep 4% ,; 27 Feb 5% May 7'/8 Jan >56% July 30% Apr 25% 18%: Jun 422 31 27 20' 69 % A Ug Sep if-20% —13% — v Jan 47% — Inc Jatt- •'•>•>' 320 4% 3%' Westmoreland Coal $3 16 • • 2% 3*% Corp common—»«.*»— 6 • 2% Mining ...——1 Invest Corp pfd—...25 1'5 ' Sep 66% Mar 179 Sep >23 Feb 47% Mar Sepv Feb 68 VSr Apr 198 Aug 36% Sep li:% Sep 109 Jan 51 Feb Pittsburgh Stock Exchange 18% May 119% Jun 98% 175 45% Aug 98 May Sale Price > a24% 1 a25 a42% a48% 14% 130 33 Jan 60 52 Aug ; a47 157/8 Feb 200 ' 52% Jan 30% Apr Apr Clark Feb Columbia 33% Mar 52 14% 39 340 a59% a63% a25% a27% 250 114 26% Feb 280 10' Sep. 13% Sep A Aug 31% May 10 ^ a24 a29% a31% .3% 23 11 5,791. 20 31% Feb 3,538 395 1,560 4 23 a37% a38% 1/128 261 142. 13XA ' '>>■ ;>>:"./, >■/ par .■;>, Gas Devonian ,;- Low 44% 40 21% 18% 12% —i.— Commercial —* ■ > Cor*p.——li - Brewing 49 Low *37% 249 y ;. . 23% 320' 12 Va 300 11% 10%.- 838 9% High 607/a May Jan 18% Sep Feb Feb 31 13 July " 9% 115 25% 1 —>——51 25% 29% : . Jafli: 14 Jdn . ' _ . V 5 Jun' 116 2% Jan 24% Mar 29' July! 335 3%. 3% .3%; -- Range Since January 1 High 27 % —10' Oil Duquesne '■> Shares Candy_—. -& Electric..X.—-• : ;10/4 Co. L) (D Continental Aug 54% May y./ Ludluin Steel—!—, Blaw-Knox 50% . for Week of Prices 25'/« Mar 34 Febi 450 7% Mar .. ■ 1,055 10 1/128 a20% :>r Allegheny 112% Sep 39 Sep 67% Aug 39 "y>:,.y. y Sales •Range Last Jan 600 98% Week's Friday STOCKS 80 Mar Feb 51% May 78 Ms May 41 Jun Jan 35% Harbison Jeannetie Glass Lone Star Mountain National preferred—^J——!.'*' !j!o Gaa—— ' Pittsburgh Sep- 32% Pittsburgh Plate Glass^.—10: Pitt? Screw # B'olt Corp—_i _.!■_* Pittsburgh Steel . Foundry pfdi 100 Sep 23% Jan Jan .. Brewing Preferred ! 17 — : 7 . ' 8% • > common— .7 ' 37 46 .... 25 •115 ' July 17% Aug Jan Sep Jan 22 : Jan 13 , %■ Jun 8%- Feb 80 Feb 65 , Jun- 36% 461 : • ,, 6% 4% „ 123 : 8% • 10% 9% Aug ! 34% May' Sep Mar- 15%- Jatt 1,7412,370. 18% 100 ——-* > 95' 100 455 . . 22% 245 24% 100% 18% > 14 15 Ms > 8 Suppily———.-10 Fireproofing Corp!—: * Fuel' Apr •5% May 22 V2 100 ' 9% 8% ^1/——i-I:!.y > Walker Refractories——i——24 Fort Pitt. Brewing Jan 2% 23 11 22% Sep- 48% Jan 8% Sep ?4% Feb 70 Apr 62 Sep I 26 % ;/ 60% May v 28 s' ] for Week Shares vl : i '■ . 22% Aug 51% Feb Feb High- • 173" 24% 100 .-__-50 National Pr it Lt ex-distributioh—-<*' 42% Week's of Prices / 76% May . Sep Sep 150 24% * . " 32 y* Feb . > t 36% Aug 3% 800 * Range , ; 39% July 331/» Feb' 275 a37% a39% a41% ' 1/128 Solvents 51% 1,390 Friday Lehigh*. Coal & NavigatlonLl*.. «*/. Lehigh; Valley' RR ———50, 38% 435 a63% — :/•> 110 > 33% _13 c 26 y8 July ' 24% Sep 22% Jan 1,360 24% 24% a27%. Commonwealth Edison Co— 1 v Feb 24% 10 *— —5c Works Gimbel 14% 24% * Co— , Apr 78% 179% 1.80 July 50 8Vs -Ikl Canadian Aug Apr 76% 14% a49% ' 20%' Jan 34% Feb 7%' Sep 7% 5 — 24 119% 160V4 ' 105 19c-Mar :18®A> Sep-' > 60% Jun Jun / ; Company 158 36V4-: 38%' 8*/a 13 —_— 67 Feb \. 28 27ya." — —- Bankers* Securities Corp BUdd Co ——— ,; Baldwin Locomotive Works vtC— July July ; Aug Apr 66 __ *'; Baldwin. Locomotive Feb 31% 10c 11c Jan "a 38 97% Sep160y4 60 120 - ;; Tel' & TeL-;- Curtis Pub 2,000 3,000 50 5c lie A— Stores American Chrysler Corp 8c 23 41 ' 37%. July 447 / 120 / 1,599 'newi^-i——- Co American ^ Apr 40 19M» 670 76% May j Mar r 3% * Tel 17% Sep 2,000- ' • a24% a25% Low Feb 4,000- ■> w/ a61% a637/« ■'.y;;/'/'':0\ 49 % 12c 9b 8c a25% ; Aug 65 36% Jan. 12c 50% Mar 1V 34% May 25%. Feb 175- 53 20> Last 20y» May 4% May 6 519^ Sale Price 11% May 55 2 Sep -7.% Aug 6 102 Sep 37% Aug _ Smelting «fc Refining . Co American ; Sep ; :| Phlladefpliia Stock Exchange Transit , 1 ■' - San Corp Stan Amer 8c 25<r 25c Mining Co..—— Amer 6 ; 1 Imperial Development. Co—— Gold , ion Cardinal Gold^ Mng: Co——_— Zenda « Feb 17% Jun July 49% May 25*/a its ; Co^.— 5 Corp Union Tonopah Alaska' Junean Ooltf Mng 65% 150 / 1,178 Jdn Sep 21 > Feb Jun G5 50% 190 25 ., a!8*% al87/s — 18 40% 2,82S 1,160 . 18Vs 52% May Jan 41% . 38, ■> Jan July 57 47% Jan " . Company—4.—*!—*ld 2.70 Feb , , Rubber 15.%. Sep' . Sep July 17%— 26% a49-% . 40 Apr 75c Feb 8c 15 57 a33% a34 Mi-55% 55%-*/ 55% * 45% Jun 30% Mar 250 . . -u y 16-!^ 25 18% Sep 125 - , 28% May Jan 31 1,584 - 46% May 52% Sep Feb Feb 10% 807 Feb Jan 15% Feb 29% Mar :; ; 3,098-; 9M» : i 2,865 16%.,,^ 44 5,593 a39 a43% 71 al7% al7% 40 37c : Feb 8 S 53%, Jan 1,125 . 1,14'% a43% ; Co: CaiitOfma- ul On uaiuu 5 — — 16 ■ 2.,.; „ Transcon & Westerm Air Inn— Truax-Traer 50% 55% 20% ■*. 36% JUly 47 Feb 1 >19% Aug 14 y* Feb - — 12% SepJuly Sep 52% Sep - - 2,099 25»/8 a34% Motors Inc ——1 > Woolworth Company ,(F W)——-*10, 1.20 May •; , 16 : 17% Westinghouse Elec & Mfg Col—12% 52% c Mar ! 580 — a42% a44% ^25% Willys-Overland Jan 51 - 37% 485 285 • 31 Apr ■Jan 59 ; 52331 266 41%. 10tt 4-1,-492 :, 8% Sunray Oil Corp—.— .Textron, 50 Ve 51 . 41 . 15 '■ — • i-* Apr 10% Apr 13 i 32 - I2V4 -32 35 ; Jan 36% May 29% July '\\j: July Mar 12 3iya. . : -25 —— Jan 8% 1.25 Apr ;.15ya17,799t.;, l81/4 18 % A ^ — 153 33% 35. 2,426 ^.4 * —: Western 97 %c 11% Au g 50 -- - ig% 6% 130' Jan 16% Aug 2,680 -* 35'/8 Sep Sep 30% Feb 51 99% May 19% Feb 930 22Mr __ a43% Sulphur Company— Warner Bros. Pictures Sep 45o . preferred class B—. preferred class C 25 So Calif Gas CoC 6% pfd„U 23 ; 6% preferred "A"^23 . , -2VA ny2 L—*13 ; 1^, —- Jun >1.75 170 - i Company—i— Southern Calif Edison Co Ltd com s . •' m' \ . a7% ' -; 32 a:32% a32% 52% 52% . 11% • 335 100 - 8 31 18 545 "-• a23-» a31a32% „: • ' Jan Feb 19% Aug a27% > a25.% a27%..: .—105 • 41 37% 41 -j/! 2,853c57 57 19 »32% a32.% a38%*40.. 14c :»> 11c 14c31,500 . 1.10 82 %c 1.30.;.; 27,850 CO——*———•%, Security Company > a7% 4- . inc-, Safeway Stores; : Roebuck. At Sears ' ———— 12%- ^6 % , Jan 2,016 - Jan 2.30 Sep 6% ' 20% Sep 47 71% July . ' May ' Jun 42% 3% 100 2,600 1,652100 2.. 2 • — 52% 80fc 16 ■ 18 287/8 150- 715 a48% a50% Tide Water Assoc Oil——L— -10 x 19% 2l Un'cu Carbide & Carbon Corp • 97% 97 */4 Union Pacific Railroad Co-——10D ai32y8 al26%aI32% U United Air Lines -Inc——a34% a37y» United 20% Sep 37c 4,197 V __ : —; Inc.— Co U 97%o July 555 9*4 Apr a21% * Carp Texas Gulf. Feb 42c 1.15 Feb 110 62%. >»/ Webster Swift & Company Jun 27% July 103 407/a 485 a75 __ & 1.55 Sep Feb 20c 100 , Apr 11% Co 10% Sep 1.00 3,285 " Apr 15 y8 585 a26% a28% - , 60 . 1.95 33 1.35 Mar 25 466* 200 15 41% 52% -4 80c Oil Company——.——I Rice Ranch , 14% 15 41 Petroleum .5%%' v 14% '. — Corp; common-:——59 Co common———1 8% 8 Pacific Lighting ReoiiOJic , — , • I 47*% Sep* 10%- Sep lno- StUdebaker Feb Jun 100 Mar Railway Brands, / Stone Jun 76 R3 65c 1,950 6% 7 /./V'' 375 al7% al7% 90 t 17c 18c > 15,600a8% all% 150 45c 50fc 400 1.40 1.55 '>> 8,840 ——10 ■' Corp 18 1.95 30 1.00 4% Feb 600 l.-—a40% a40% ; -. 10 Standard Oil Co (Ind)— 25 - a40% a37% a43% v> ■Sk 313 Standard Oil CO CN'J) I i.23 ' 70 70% -' ••v>f 182' Jun 59% 60c .! i__ 1.50 v 1 . Pacific , : „ Manuiacturlng Menasco 16% 1.70 29% 1.00 3% — ... Petroleum Lockheed — — 31% 47.% 11% a22% 23 —• — Standard United Jade Oil Co-—. ■42 29% a45a46%-- — of- America Southern ■ Jan 15% Jan 56 200 1,180 6,700 > 19% Sep Jan 79% 3,300 Cbrp ^ Socony-VacuuW Oil Cc >< Jan 385 9% 556 lOo Hupp Motor Car Corporation—! totefcoast Petroleum 20 y8- Jan Aug Sep a28% * > —^ Republic Steel CorpL- ; Apr 8 v 50 1,765 Sep 33 28% li.10 : Jan 20% aG8 */8 <19 V4 - Jun 2.70 Sep 10% ■ v Inc— C6-.— Phelps Dodge'Corp^— ' 5,800 . 16 Sep May 35(V 160 1.50 a20% Jun 60C 802 490 a20% a20% 31 33 1.60 - 14 uJ*' • . May 12% - Jan ; 300 3,028 , *29 61% — Holly Development CO—————1 Motor Car Company——* Hunt Foods Inc common -6% Hudson 33% 600 60 26 59 % -- ; 12% Sep 15% 60 y2 337 a46y8 a72y8 RR Pullman Incorporated Ptore Oil Co. —-—J 98%. Apr 19'A 380 1,025 13*% 12% {The)— 2 General Motors Corp common—-—ilO Gladding, McBean & Co Goodyear Tire & Rubber Co com * Hancock Oil Co A common——:—* 13% Corporation Garrett 20 14% ■ 10% 10% 10O 1.50 2.00 •>> 12,300' 350 350 * 30 9% 10% >:>>,; 820 10% —I Merchants JNTat'l Bank—100 Ltd class A.—— Exeter Oil Co, Farmers 19 % 14 19% l-—-—.....——50c Dresser Industries > Apr 250 107/e 29% —18 Company^_^._. Motor Car Co—— Radio Corp —* Douglas Aircraft Company Inc lf% —♦ Aviation American ■■■■" 175'- * 53% May 77 % May Feb 89% Apr iMay 51% Feb 20%- a30'/8 a33%-- , Pttekard —• > : 7%: Paramount Pictures new common—i-l U31% Pennsylvania Railroad* Co-— —£s0—. > ; 45% Feb 21 .Apr Sep _ Creameries of America, Inc— North Ohio• Oil Apr 13% 120 1 Iron North-American Aug 9% Feb 96 6 QR Qfl3/" Jan May Sep Inc—— Cfentral 12% 12% a32% —* 1 > 6 827 ■ 29 , Sep 77% May 7% Sep! -150- Copper cbrp Vork 100* V4 8 Sep- 80'/4 •' 26 Feb - * 20% Canada-—** 01 Montgouiery Ward1 & Co, lnc—i New 39 . , 33% Feb 47 y8 Co Tel Corp-j. McKesson & Robbins Inc—— High' LOW 7% 19% Apr ; ?>.12% -Feb ; , 17% 357 a49*/s a52% - 12% Nickei Tel 4s Loews , Range Since January 1 Shares High / .'35% 35% Packing California for Week Cow Corp internanonal Sale*. y4 8 ' 250 1,380 - High 40 Jan Sep ; 20% Jun 130 ^ , 41 a7l% a72% a49% - Libby, McNeill & Llbby—l-7 Week'* Friday STOCKS preferred 6 '160 ' .17y4.:. 39 . 30% 1,700 . a437/a a50%; Co-—a72%v International Kentieeoit > '^1 : *Paige Motors- Corp—• Interlake ANGELES 14—TRinily 4121 West 7th Street —LOS 2io P) Great Northern Ry Co - ^ • (B Low 60 6% 17*A 41 —• i g al6% al7% Electric Power & Light Corp—> General Electrlc Co— General Foods Corp_^— Range tlnee Jan nss^ i High al9 a20% * Unlisted Issues Shares * : a2oy4 —— for Week / iow a287/8 a32%« _—,1^1 • Exchange —i_5' i -• of Prlceo • ^ Curti«n-Wright Gorp;*—- r FACILITIES Range *al« Prle* i; ;« .Volume 164 Number 4523; THE COMMERCIAL & FINANCIAL CHRONICLE OTHER STOCK EXCHANGES RANGE FOR WEEK ENDING STOCKS Friday, Week's ; , Last Range of Prices Shares Par Renner Co' Low --1 •••'1% „———* 121/4 12% •■.'• 20c 20c — San ,Toy Miningw*l Shamrock Oil & Gas_—V^V-V—--Vl/ j •, ,-20e ' 40 Westlnghouse Air Brake i—• Weatinghouse Electric Corp com—-12 & 40 ' ' • ■ - 155 "20c so J UK 606 J Mfg V/-'' '(Columbia Jan" Low .28% Sep 26% Sep Mar ' ■- Apr £010 24 28 25 21% Aug 28 35% Feb 15% 16% 200 24 Feb 24% 24% sept 15% Sep 21% Apr 1 common 33% 33% 33 % Sept 41 % Jun * 53% 53% 50 Maf 68 Feb 27% 27% 29% 22% Mar 25 25 26 —.—1 —• -—5 Brewing common Brewing common—--——— 1 Shoe _ Brew common../.- Huttig S <fe D common————5 ?Hyde Park Brewing common —4 Hydfatflic Pressed Brick com— 100 VVV' ' common Griesedieck-West — International St. Louis Listed and Unlisted Securities Johansen Shoo Shoe V 300 North Vv'VV'"-/ Members ; V: V>" New York Stock Established 4th New , York v; A; / :? common Mc-Quay-Noffis Mo Phone . " CEntral Portland Rice-Stix St V \ common— Cement Louis Pub '• 2nd 51 22% 100 142 A 14 15 100 common - 1st pfd St. Louis Stock Friday f'vvv v"?; ;v Bank Inv common/— Bldg Equlpt Brown Shoe common.. Range Sines Jannary 1 Low : Apr 108 108% 105 103 103 25 Apr 12% 11 Mar 9% 37. 8 Jan 10 --L-V15, Sep 45 30 ■'.RANGE v * 8TOCKS , Fonda i V; Friday.' ; . • 3 ■ > Power & Paper • com $1.50 preferred $2'.50 preferred Preferred 1 ■ 20 *12,300" /1714 "18% ■ V—"V ; ' . 21% 22 : 200 22 22' 22 175 AgnCw^Sufpasa Shoe Common—! 37 Algdma ■; steel ■■ commori——* / 19 Preferred.—-100 Ltd ——; Aluminum Co of Canada 4%% Argus Corp; commpn_—• ' 4 % % conV preferred Asbestos k—100 ,;v #ower Note Co 6%% common — Power Corp—; preferred a Canada Wire & Cable class B— Canadian Breweries common Canadian Bronze common ; Canadian Car & Class A Foundry common Celanese common 7% preferred : Canadian Converters class A Ind Alcohol Class. B pfd Coal A — /, Steel Stores Coal class 25 Preferred 100 common Brothers Dryden Paper * * • ; Kootenay Power-, /—-——* Electroiux preferred Corporation Enamel, & Heating Electric pfd_100 —_—_— Eddy Paper preferred-.^ 13% Preferred # 46 48 ;30% V ,13 30%. 31>/a 12% 13 < page . 36: . -*v 34 29 : 28% 10 1,351 v 7 . - .25 — ^ V Aug /Vf 22% May Jan,..,// 78 July 13% 78 20 53 ' 17,257 Jun Jan 26 Labatt the Mitchell 19 102% Cottons Preferred Jan 33% . ',16 Jun Penmans Feb Placer July Powell Power 14 May May Jan 28% May 32% 750 23% Feb 28y4 Jun Jun 26 May Jan 120 107 ' 29V4 8 100 680 17% 680 .11% 100 29V4 8 45c Feb ¥ 21% Sep 16% Mar 10 Mar 25 -27 Mar 25 8 Sep :* 19 18 1914 2,290 15 Mar * 27 27 27% 350 27 Sep 18% Co Ltd Rolland 16% Aug Jan 21 21% 22% 1,140 16% Jan 26% May 26% 27 35 36% 14 14 .. *' V 35 205 Sep 95 •V," 26% 29% Feb 41% ^ 25 41% 19% 17% 19 % 50 U\'., 41% 19 B 50 29 — July - 42 July Jun 25% Sep 22 47 Jan 52% May 300 ' 1,365 48 48 100 25 '■2,965 54% 28% Mar 34 May Feb 52 Jun 44% Jan 52% July 24 Jan 30% Apr - Jan 8% Feb 1,650 52% Sep 72 32 31% 32 300 30% Jan 35 20 20 20 115 Sep 26 '• 6% » 7 75 V ■• 150 75 18 17% 18 5 > 375 / Aug St A common 20 6 Jun 50 Jan 16 Apr Feb 83 May 20 Mar Apr Lawrence Corporation May Jan trust Can new com Jan Southern 2214 July Standard Feb Rights Canada 36 Apr Jan Jan Aug 102% 102% 15T4 15% 21 common 95 100 21 26 540 101% July ' 15% Jan 17% 27 400 15 15 225 15 50 102 7% 30% 7 ' 8 29% 21% 13% 101 21 559 103% 7 Jan 27 20% 104 106 Jan Sep Jun Apr July Apr 9% Mar July 29% Apr Mar 39 Jun 35 90 34 Apr 41 Mar 700 83 Feb 113 Jun 3,247 -.21 22% 33% 167 13% 3,485 ■- 19% 19% "22 105 , 33% 170 5 :> 31% 35 102% v July 105% 105% * 73% Apr 102% July Aug 104 '■ 17% Jan 104 20 - 14 100 105 105 12 50 . 160 295 14% 13 / 29 90 176 * ; Power Chemicals __i h 54% Mar * common Southam Press Co Jan Feb 12 • Simpsons Ltd preferred 35 Apr 23 30 A_——* ctfs_ 13% 81 Sep 1,580 —100 Breweries Voting Jan 14% 1,150 pfd—100 Preferred Sicks' 70 50 3,856 common—* Shawinlgan Water & Power 22% Aug Feb >7 12% 50 Mills of 34% 59 _100 common Paper Mills 6% Williams Jan 12 * Apr Jan 30 55 * < Flour 34 90 . 14% 32 _100 preferred ■>; ¥78% 14% _* Paper common Lawrence V/ 75 * Saguenay Power preferred— 4% 31%'- 31% Feb May 44 * 75- :-;- Jun 17% 55 51 52% Jun 15 ¥ 18% 24% 100 — Transport St Lawrence 34 '/ 47% 40 Apr 37% 4,402 • Jun 16 ■ 12% July .3,351 •V. 29 47% 10 Apr 33 ■ • Preferred Bt Apr Aug 24% May 26 Jan Jan 14% • ; common 24 22 Apr 37 y4 168 6,487 —1 19% 4 28% Jan Jan 16% * Ltd—, preferred Sherwin 2 157 X-: 60 T. 40 23 Jan 29 35 15% • Corp of Canada Regent .Knitting May Jun 11 . 5% Feb 22'% 25 150 Jan 24% com—100 Quebec Power Jun 90 • T ' Co———j 41% 24% 2 V 1,515 33 May Sep 52% * Tubes Provincial Jan 18% May 15% ^—• Rwys Heat- & Power 35% May 37% Feb V 27% 60 Aug • common Aircraft Price Bros & 21% Aug Sep Feb 13 23% • common Jan 23 16 -«47 575 _* Products common— River Jun 12% Mar Corp Development 45% Aug / 125 1,743 15% 25 Ottawa 30 Sep Apr Aug 23 10 Sep 31'/a Jan 140 26 18 * — Light 120% Mar 15% .19 • Preferred Sep Apr < ' 167 . Feb 59 43% . 26 * National Breweries common May 102 ^ — B • 40 Jun Feb 100 100 —— Telegraph Murphy Paint Co common- 36 Sep 13% Mar 13 common—. Electric Feb 500 13% 28 < 1,745 "May 40 47 Sep - ¥' 50 22% . 21% -• Montreal Car 21% 1,060 22% *: 16% -29% Aua 123 9,002 20 Sep Fdb 8% May 38% Aug Sep 123 Jan 18% Jan 31% Sep May 17% Jan 33 - 12 121 32 25 — Montreal Light Heat & Power Cons Montreal Locomotive Works Ottawa 23 V4 * 48% 26% L'w -!- 54 11%-Jan.- 50 4,395 Sep Apr 50 Jan July - Feb 45 13% July 13% Jan 7% Jun -38 52% July 205 , 1 12% Apr 30 Feb May > Sep Sep 37 V* 60 27% r.i 7% 200 ■TV 109 18 V* 40 3,480 2,125 ¥ 123 167, * — — Ottawa 75 .15% 26% ' ;■/ 20% Mar 30 - 260 38%' "V 16 V V1,600 34'A 50 13 100 — u' Montreal Apr 25 15 14 43% L Aug 14 7j/4 Apr 15% Breweries Jun 470 .15%V ' " 105 100 14% 8% "8% 32%. 34 123 13%' 10 14 26% 16% • 5 (Robert) Molson's Steel 1,240 '■> * July 54 31% '■> 17 4% Aug 16 Ontario 52 V2 38 'm.*- 232 755 41 121 • common— Ogllvie Flour Mills 50 " 28% - 100 a — — Jan Jan 23% V- *i'r 45% — Feb 26 22 —_ Ltd common . Brothers 24% 104% 22 Co a—.—j-a 17% " Jan Sep - 54 --38% 15 Noranda Mines Ltd 48 12% r' 33% 123 V; • Woods National Steel Car 104 • ' _-l00 (John) Preferred May 104 . I' com__• Utilities, Corp 46 415 >• Petroleum 25% May Sep 29% > a2jj International Power V 26% May 41% • 14 Feb ■ V 1,565 13% • May 111 8% VV-875 38% .. ' 13% —>• ' International V 20 Jan 175 1 31 Hiah ^ Jan 31% Aug . Jan - cAug 44% May . Mar Sep : 39 * 1 • International Paper common 5% conv preferred —1 Jan 100 , — — 26% 25%. 26 103 104- 17% 26V2 25 20 5 .38 16 ■: .. 325 38 26 390 j 34 17% 25 . 30 ./:V-VV: — 125 14,265 ,36% 17%: 18 ~10 . v— V . : 25 36 17% V V—: 17% 1361. 20% Jan V V90>' . 11- :—* . 20 15% 50 54 • LOW 14% 105 Va ¥• 45 30 100 43/4 173% 7% Range Sines Jannary 1 105 15% 45 31 „£1 interafttional Nlakfli-c* cSTTSaa 7% preferred International ,V V-V:' - Lewis *27% July Jun 33% July 320 106 15 < 8 * Industrial Acceptance Corp com International Bronze common—. - 106 -100 ^ ^ Preferred 17 15% Imperial Oil Ltd • Imperial Tobacco of Canada oommon_5 Page-Hersey 17Va Corp Jan .15% 190 17 • Feb 29%s Aug -i. 53% Apr Sep 4,765'V 49■% 21% A 100 5,719 4% —100 Bay Mining & Smelting—— Jan V 24% V/'/ 17% 18% r: 109% 110 V t ■i McColl-Frontenac Oil ; Jun Sales LowHigh 18% r-——• Howard Smith Paper common Preferred Preferred Z" 10914 • Hamilton Bridge Holt, Renfrew common Hudson /VV Massey-Harris 20Va Mar 48% 73% July Shares • i, — Jun 26'/a 491 91V ; 49% ' ' , Jan 16 . i Gypsum, Lime & Alabastlne 22% .. Week's ' 14% May . 695 /: 14% 86% ;V 47 49% May fw Week F«t common 53 40 50 , V ;15%i 17;% 21% Co of Canada see /17 . 14 Sept Sep 28% Sept Rang s —100 Jun 29% 59% . 270 V 26%/28 :: V; 17 17'V V- ,86% V __ footnotes V. 950 V> > 17 s. * ' 18 28% sf Prices • —— Sep 47 41% 1,373 Friday Lang & Sons Ltd (John A) Legare preferred Jun 155 V 14% July 70 ——1 Canad /VV 90 V 20% ^5 -16% Jun ,, r - Jan 31% 31% '"V/ 5 :.;. 28% Jan V33V2: 34% 335 32 July *17% 19% Vf ' 860 V- .16% Feb 16 18% ,V>560. V 13% Feb 18 • ^ ; 955 18 28% common 26 25 20 —20 Products——* class 15,023 Power 17 41 18% "B" Players • 27'V4 , 47% 1 30 64% .> , ; 25: * conv * ; 9% Mar 371 51". 26.% |V25% — _• 100 B Ltd Paper 4%% • *1V,\23% 'IV 21'A; — Dominion Textile 17% '' VV. .26% ,34% 23 —• preferred— & 17 51 . i General Bakeries 1 General Steel Wares Sep VV 25% Feb —20 Dominion Tar & Chemical common—• VTC 1_ For Feb 77 Jan 26 20 Aug 31 59% May 55% Sept V 18% 25 25 V Jun 24% ' Jan 131 41 —* Steel 14% 145 -67: > * common - 275 49% common-. & 935 • 15% .35 Dominion Foundation Sep Jan 325 49% -♦ _r—_ Foundries Glass Class 15% 60 210 ..- .'/14% ——'• old ' . ll -V5049% ._S Preferred Famous ¥ 200 29% July 35 26 * Co— preferred— Dairies Dominion English May 5% May • Jan 10% — , Ltd class 22% • — — Bridge East 5% May 19% May 26 ;..26% • —— Dominion Donohue Apr 23% 460 " Jun 35" > -3% July V'; 415 / ' M' 151 a- . . Dominion Donnaconna 5% &4--: Apf 29% 3% July 149 17y« • • Seal 20% >V— • — Distillers Seagrams Dominion Sep* May 216 Jan 27 825 • • Mining & Smelting Davis Leather Co Dominion 77 V —:i20% Railway Glass Dominion 50 .• common —— Cockshutt Plow "B" 15% 77 V ' ' ' Jan 10% 25 —— Canadian Pacific Class 40 26 * _* 25 Locomotive & 3% 15% > 20% ——• Cottons preferred— Foreign Investment Cork 52 8,375 25 15% 20 — Canadian Crown 22 Jan 20%JDtltt-—^rtZZ"" 3o3' 28' — —* 5% Consolidated 3% 27 —100V 149 /V/ . Northern 'Consumers : 28 "'/ • Forgings class A Canadian Oils 181% .5,699 33/4 3% 3% 106 MARKETS Lake of Canada Canadian u 19 ;-PetT " ;-\385 23 25- :•;,/• 24% /-100 Canada Canadian • ^ 5 ." - — preferred Canadian • • Dredging. Cement Canadian 60S 202% '. 23^^..22%/ 33--*' —_/_♦ A Canada Steamship common ! <21 3% • Calgary Power Canada Sep 29 Jan 24 19 581 Mills--// Gold Jan . 21%* 22 >21% —* > Class B Building Products class Bulolo 10 Bower ooiumma Silk ^ 201 n/'199^: Pawer—• Columbia_XorestrPrnrtngtS—-• Bruck 22 e v22 100 Light .& British American Bank British ■; 2014 180 2V ——1 SEPTEMBER 6 Gatineau Jun ► & Paper class Trac Sep 39% Sept 1,042 < Last . Telephone Brazilian , - - Corp. Bathurst Bell ; pfd—25 —' ' . 22% ■ -July VV 21% Apr July 40 Apr , 35 Sep'■?.:'26" ; Feb.... / 100 ,100* 5 100' May : 103' Jan 173 ' 165 181 ;"1l,157 " 130 "Jan 227 May 27 / ..\i27 27% 465 " * 26% July 27% Sep *8%.* 8%. 8% 2,510 8 ' July 12 Feb ^ 97 \ 97." •'? 110 ~' 97 ■' Sep v 102 v- Apr ;:::25%25 ' " 26* ' 830 25 Sep / ^35 : ;Jan , Alurhlnlum -16 / 50 37 60% Sals Price 5 Mar ' r. 14 Vv 5,095 37 "•■ 37 ■ "• Range Since Jannary 1 V—-- Low --••■*>;■••; High High Oil •fvvV#: V:I #' ®;f-¥t Wl ¥: V/v Shares 17%1 20% '/.> 117% "*__-V Sugar A com—• -J——— A Low ; Vl8* ' --—20 Acadia and Atlantic , 1 41% —10 American LISTED ■I for Week of Prices North FOR WEEK ENDING Vy: Sales Range ,/¥ Sale Price > Par Abit'ibi Week's" Last 1 .-=■ common ■i Houston ' i i Motors jrnj ' Canadian common General STOCKS Montreal Stock Exchange v ' Electric i Aug 15% July ' '■ 1 General Jun 34% V CANADIAN ♦ May 16% Aug 108% Sep Jan 35 • 152 Jan 32 440 Jun Jan 18% 50 4 Aug 341/a 9 : 24 Jun 30% Sept Alum Baer & F Jan Mar 35% Sept 14 Jun 9% Unlisted— High 27 12% /_3 - common Shares 27 —I 22 Wagner Electric LowLHah ;A & Aloe Co common'——--—--L-—L5 28 Aug for Week of Prices » 63 27 Sales Range Sale Price American Exchange Week's Last Feb 140 preferred Jan 9% July Sept ; Sterling ■n stix, 50 Jan 25% Mar 142 1 125 Jan Jan Sept 22% Sept 24 Jan 8 6 28%' 22 32 52% 13 24 28% 23% 31% Jun 20 6% July 26% Aug Sept 5 16 6 / 40% sept 55 V ,13 6% 25 36 % 103 Serv Scruggs-V-B Inc . 54% High Apr 4% Aug ~ 8 10 com 50 41% —-—20 — •> . 4 8 15 100 39 -40% -- * - Dry Goods 1st pfd— 7600 Bell Teletype BL 501 . Exchange Associate Steel Laclede ■'■V; 'VV.V: Chicago Board of Trade Curb common VVV VVT'V 41 1 Laclede-Christy Clay Prod com——5 Laclede Gas Light common 4 St., St. Looig 2, Missouri Exchange St Louis Stock Exchange Chicago Stock Exch.. 1871 Co. & * 1.— common Knapp Monarch Edward D. Jones common "37 100 - 'V 22 4 36% 1 Preferred Range Since Jannary 1 21% 30 21% jun 39% Shares High Falstaff Jan 41% for Week 1 General 46 i 961 30% Sales Range of Prices Par new com ''I Coca-Cola Bottling Jan ; 40 191 532 29% Burkart 24%: Feb r ;,•§!% 26% 13 % July f: ;28% *:{* Tr'* Feb 201/4 Sep 13% Sep 390 .41 30% 28% 2% Week's Last High 1% May 121/4 Sep 5,100 15% • Low 600 i,v :■ Friday Sale Price Range Since Jannary l i 1%--'.T'* 13% I Vanadium Alloys Steel-— .. High 20%; 20% } Standard .Steel Springs—-.'-—-;x—fl V STOCKS for Week Sale Price (Reymer & Bros SEPTEMBER 6 Sales Sep Jan 12 10 Mar July July 102% Jan ■ 26% Mar 38% May 185 Jun 16 May 14% May 108 Jun • 19% 20% 820 18% Jan 25 Apr • 13% 14% 735 13% Sep 16 Sep 16 Jan 55c Aug —* 10 IOC 10% < 20c ., 1,927 12,284 10 7c Aug Jan - LISTED MARKETS CANADIAN WEEK ENDING SEPTEMBER 6 RANGE FOR • '; Last Low High Low • 84 preferred 25 90 Tooke Brothers * Steel Co of Canada 7% common United Steel Corp 90 137 230 :;'1 44 Apr 13% Feb Jan 1% 99 Feb 159 230 > Wilsils Ltd 1 Limited Sep 100 27 Jan 36% May 24 185 23% Sep 27 Sep 21% May 23 % * 39 95 Jan 104 * 34 Jan 45 , May 10 2014 20'A 20% 45 16% Jan Commerce 10 22 % 22 22 % 737 19% Jan 24 10 23% 23% 10 _ 37 37 23 '/a 23'/a 10 Royal Jan 27% Apr 220 33% Jan 39% Apr 675 20 Jan 25% July 21% 1,710 25 377/a 23 ■ Cheskirk ! Mines Exploration Cournor Mining Cortez | Montreal Garb Market Range of Prices Sale Price Shares i ■ 11% Products class A Fabric Auto 5% 44 161 175 Distill & 20 176 315 20 50 - Jan 16% May Jan 20% Aug 15 50 Pulp & Paper Co Ltd common.—'11 50 Aug 55 5% 10,835 Company Brown pfd A -& 5 % 1 common • 17% Jun 77% Apr Macdonald Apr Mclntyre-Porcupine Mines Ltd Mining Corp of Canada Ltd- 77 104 July Apr Nechi New Calgary Power Co Ltd 6% Canada Packers 1% Power Northern- Canada Canadian Jan 40 Feb 15 Sep 40 ! 40 : 26 26 16% 16% preferred Canadian Silk & Power Canadian Westinghouse Food Preferred 30 18 400 20 Sep 25 July 10 178 Jan 195 Aug 9 Feb 2% 2% 3,915 2% 2% 575 30 30% 120 30 31 33% 340 12% Feb 43 98 Jan 174 2% r-; 2% V 150 150 5,850 53 170 53 * 22% 50c • 55 5 60 5 60 Ltd common Paper Corp Ltd Cosmos Cub 7 7 20 Va 0 3/. » <U Ltd : • : Sherritt-Gordon Slscoe Soma-Duvernay Gold Jan 1944 Ltd Standard Gold Mines Sullivan Cons Mines Ltd 75 Jan ' 6% Jan 8% Feb Feb Feb 23 Apr 10 1 * Co. Ltd * Oilcloth Dom Linoieum & Dominion Square Dominion Sep-; S3 —Feb. - 3% Jun Feb 38% July 20% 143/4 Oa°s"e 11% Mar 22 25 22 3% 37/a 575 i 15 3,135 '; Fraser 5% 31/4 July 52% 52% 52% 75 9% 9% 9% 500 6 89 66 Jan Jan Sep Jan Abitlbi Power & 12 July 17% ifleb preferred $2.50 preferred Acadia-Atlantic Sugar • 24% 1,325 12 12 25 56% 60 2,472 53 Feb 35 100 .Aug Companies Freiman Ltd (A J) 6% pfd « V \-. ' 56% 100 ■:/ 100 ; M 26 ■; 26 26 63 63 193/4 * 100 43/4 75 117% May Jun Surpass Shoe Apr Agnew 70 Jun Insurance i Co Hydro-Electric Securities Corp Inter-City Baking Co Ltd 16% 21 Apr 5% 81 145 75 14 100 32 32 25 153/4 153/4 20 143/4 12 12 * of Ottawa 8% 10% Apr 85 Feb Jun 17 Jan 28 * Ltd A (Can) preferred Journal Publishing Co Alfred Lambert Milling Co Ltd Leaf Maritime Tel & Tel Co Co Ltd Massey-Harris May Mar 36 Jun Feb 16 Apr common . pfd new pfd Mtl Refrig Moore Ltd Storage & Co— Paper Royal Jun 40% 43 650 34 14% 14% 200 13 10 . 28% 100 100 104 — 19%- 5 14 •— 22 29 Aug 15 Jan 47 17% May Feb 17% 578 Jan 22 July 28 660 104 Jan July . Sep 35 Jan 101% July 75 28 104 104 11% Aug 8 75 7% July 15% 16% 350 15% Mar 18 J/4 May 19 20 5,035 17 July 27% Mar 10 * Scotia Nuclear Lt and Enterprises Crush Orange Aluminum of Can Preferred Service Power Corp of Can 6% 95 10 Mar Jan Sep 80% Jun 11% Jan 16% Jan Pulp <te 10 10 1,315 " 10 Aug 11 Aug July Southern Grain Co Ltd 112 May May Atlas May 25% Jun Canada Power Southmount Invest. Co. 6% < 16 16 16% 64 16 Sep 20'/4 Jun 20% 21% 355 110 110 30 109 Feb Feb Jun 22 Aug 112% May 13 13 200 11 J an 15 United Corporations class Distillers of 31 235 27 July 43 May 8 8 8 16 8 Jan 8 Jan 20 20 150 15 Aug 115 123% 123% 125 16 27c 27c 2,777 25c Jan May 25% Mar 132 30c Western Grain Windsor Ltd i Co * - Hotel • For/footnotes see *page 1361, Aug 41c 18c May t, 30c Mar- Aug 2.22 May Jan Jan 1.09 11c Jan 1.76 May •10c 31c July 3.85 Jan 1.70 July Jan 20c Jun 29c 8c Aug 46c Feb 13c Jun 32c Aug 16c 1.00;, 500 11c ,5,000 :15c Jan Jan ! July 51 %c Jan 3.65 123,800 10c 64c 13c Aug 10c 2,500 33,200 Jan 42c Feb 42c July Jan 3.50 1.52 July >; 52,020 Aug 1.49 July 7,600 Jan 36c Aug 3,535 Sep Jan 1.45 July 60c Sep 23c 38c July July 1.07 5,600 .1.00 Sep 39c 52,900 f!1,300 Jan 42c Z Apr July 1.00 500 .. 37c 12%c July 500 </ 7.80 May 5.30 July 600 1,000 22c Jan 32c lOVaC Aug }$Z 10 v 400 80c Mar 5c 1.00 Aug Aug §7;000 May Jun lie Auto Fabrics 25' for Week Shares 23% Sep 30 890 10 Jan 2% 2% 500 36% July 7 Aug 13 13 260 1.25 July 11 Jan Apr Apr Bear 3,444 18%/ 495 20% 135 H;', 103% 37 1.59 1.50 1.65 25c 25c 26c 20% 250 99% t '■/; Jan 19c 19% July 129 Va 26 Va Aug < 74 1 cO J °0 5,000 18c 9.15 1.10 I.id 13C 10 %c '■ 12c 8%' v:/: Mar 2,025 2,uvj0 1.05 Aug 7c 5,500 July 6c July >23c 4,500 55c Aug 1,500 3,045 10c July /v' July - ' July 12c , 8 8 .8% 99 55 1.95 2,700 1.75 Aug 85c 24 %c 12 102 3% v. ~ 23 %c July 98 33c 49c 266,500 1.06 1.25 78,100 68c 24C 22c 25%C 65,300 16c July 16% ...i Mar 650 12% Mar 16% 17 7%c 7%c 500 35c 34c 42c 201,700 39c 37C 40c 50,700 64C 64c 200 25C 25C 50C 59c 46c ...1 54c 6c 2lc July July 20c July 55 May 2,200 21c July 72,700 36c July July —1 — , 66c • ; , 14,250 98 ...1 Mines 1.36 Jan 85c 85c 1.05 117,300 .—1 4.55 4.25 4.60 1,250 12 11% 12 120 11% Sep 57/a 6 200 57/a Sep . Feb 1.95 Jan '30c Jan *13 8.00 July 12C 9C 66c 66c July 95c 8.60 230 1.00 July 13.mo 22c t 11 %C Apr May 27% Aug 2.40 Aug 38%c Apr Jan loo 2 I U 19c 1.55 •—« 495 *2 1. /'••'/'•.v; 10 May 103 99% July 99 % Jun Apr Apr Jan July 1.85 Aug 54c Jan 26 Feb July 165 185% 173 42 Jan July 1.35 7,200 16,550 High 22% 21 40% 24 107 . Jan 28 25 37 - July 37 135 105 105 % 105% - Mar 15% July _1 -1 Mines 3.80 July 24c -1 13c Exploration 8,300 15 %c July 12c July 15c- 7,000 21% Jan _10 23% 21% 25 550 37 37 37% 305 33% May 37 37% 240 32% -10 10c Feb 7%c Jun 10c 10 %c 7,200 57c July -—— .1 .1 51c July 69c 85c 31,700 68 67c 72c 11,400 42 42 44 100 39 Jan 42 & Radium. Ltd — Bros class A B 21c 281/2 c 12 %c .10 Scotia Toronto— Beattie Gold Mines Class Low 14 13,986 -1 Mines Bagamac Beatty 20 -1 Bankfield Consolidated Bank of Montreal of 29 22 . Range Since January 1 High .10 of Nova 23% Low 17% . Mar Jan Feb Jan Apr Feb Jan 55c 1.70 Apr 62c Jan 18 Apr 22c Jun 87c: Feb 50c Apr 78 May 55c Jan 1.02 Apr 1.55 Feb 7.25 Feb 12% Aug 6% Aug ————: Bank 2 13 Range of Prices 42c Products class A— Class B Bank 27 Sales Week's „1 Gold Mines Geld Mines —— Jan 23% Ltd—. 32c 5.b5 13c 16c *' Yellowknife Jun 27% B Canada Jan 12% 1.20 July 1.15 Base Metals United 75% Sep 7.50 -1 Apr 29 27c pfd„-_100 Ltd. 14% Aug 109% 29% r Sep 53% -1 Auraaque * Sep Jan 1.75 Aubelle Mines Ltd * 4.25 7.50 1.00 6,000 10c 14c ■ -,_1 Atlas Steel 15 8 20 common— Jan July 2.50 July 1,500 ;; Feb Feb - 8,100 19c -100 Mines 20 Quebec Tel & Power Corp class A Reliance —1 Quebec Mines Astoria 400 red pfd—100 7% Paper 43c 2,000 5,500; 3.00 9%C Ashley 14 775 Purity Flour Mills Co Ltd—■. wueoec 1 Arjon 10 21 1.41 15,500 17c 8.75 Warrants 70 *, " * Ltd common. preference 112 — 26»%c 22% 1 4% %. conv 21% * ; 22 * — Argus Corp 8 100 10 Sep July 37 —■— Area 21 1st pfd_. Aug Aug 12c Feb Jan Jun 14c 2,500 1,400 2.00 8%c 100 pref Resources Porcupine — 21 Stores— 2.82 21c 10 17 _ Apex Consolidated Aquarius Aunor Pauls Sep 1.50 600 - -- Jan 2.24 84C j?:?® 1.00 Feb 9c July 42c 19% Canadian Oil Anglo-Huronian Anglo-Rouyn Mines Ansley Gold Mines 10 - -- Feb 1.15 45c 20 %c 20 %c 11c j. 12c ; 19% 3%C Aug 10,500 10c y 10c 25c 25c 1.58 1.70 19c 21c 5.50 22c Sep Aug 20c 2,900 8.00 1.40 _ Sep 58c 11% 75,950 37 Amalgamated Larder Mines Yellowknife 135 112 1-25 Apr >! Sep 1,100 2,500 •: 37 American * Ltd 53% 7.50 Jan 1.15 68c 510 4.25 3.75 53% | Jan 35c July 6,500 1.13 21c 3.50 3.70 Jan Mar 2.05 Aug 34c 300 22c 24c 14c 15 Ac 1.05 21c 58 12c • Sep Jan 49c Sep 1,500 1.50 — common pfd—100 * • 6% Pow common 1-50 Aug 8,550 5c 90c 14 %c 100 Lrrt Aluminium Athona Nova 75c 37 Gold Mines Steel common 369 14 70 504 55,000 2.99 common Preferred 13% 70 8,000 68c ; . /-17c • * Gold Mines Armistice Gold Arntfield Mining Ashdown Hardware 14 58c —; * 13% ■ • Rice Mills 21% - 137/a v 8 * * Royal Mount Jan 14% common—* Corporation Ltd— Hotel Co Ltd Mount 8 V4 12% 41% 10 Preferred Ontario 400 475 12 13% 85% Mar Feb 60 * Melchers Distilleries Ltd common & 13 175 81 > com 5% MeCnll-Frontenac Oil 4% Minnesota 13 • MacLaren Power & Paper Co Maple 11 1 Inc Ltd Co Lowney 80 • 5,700 17% common Anglo Lake St John P & P 9c 10.000 44c 20 20 Alaoma Jan 43/e Aug 20 Paints International 80 80 25c • Akaitcho July Aigei Halifax I-15 Feb Sep 1.05 1,000 22c Feb 1.01 16c 2,500 • Feb 5 36c 11c 226,900 17% Paper new com $1.50 52% Mar 150 V : 70c July July 2,000 41c Par 343/4 24 V 25 43/a Preferred . 1.00 Feb 32c Aug 2.25 July 300 - 13c ,|y 13c 13c 22c 22c 24c ' 46c 44c51%C 2.80 r, 2.70 3.00 68c 68c 78c 32 %c 29c 36c 75c 70c 78c y 20c 110 38,000 25c 13c 23c 10c - 44,661 < 14c 13c Friday Preferred 25 19% 5% 260 10 Great Lakes Paper common. Aug 20c 4.30 1.01 Last 32% 23 100 * 100 26c 20c 3.70 1.00 Sale Price Sep 23 pfd Sep 1-05 — 10% Aug 23 3,270 class A 25c 28c STOCKS Sep 11 red 7,900 5.65 '.;X— ———I Aug 25 9% 6% Aug ■; • 23,600 Jan 49c Canadian Funds Jan 11 127 11 Sec Apr 45c 17c 34c 49c y, — May 130 127 • Pow 28C 60 %c Mar Toronto Stock Exchange Jan —100 Motor Co of Canada Foreign •' Sep Ltd Aire rait 43c July 14c 19c Sep 40 22 • July 10c -* OU-— Feb 22 12 r 1 11c 22c 25c 40c 12c 1 ..1 1 1 f Villbona Gold Mines Ltd /; Westville Mines Apr 12 ^ 30c 25c 10,700 1,000 Jun 18 ' 30c — 38,600 Sep 19% 16 __ Jan 13c Jan July July July Jun Jan Jan 18 a - 33 191/a 131/4 33 16% * Lea Aircratt 45 Jan 180 Z-:-'/; 11 31 .16% red pfd—_ 6%% Ford 175 40 33 22 Grain Co class "A" Fleei 40 15c 7c Jan July 64% May 44% Mar • Ltd Products Fanny Farmer Candy Fed »'!■ 145 48 16% Esmond Mills pref Kairchild 46 • Corp Donnacona Paper Co Ltd Steel />. July 6,500 May July 15% * Woollens Eastern 46 40 Engineering Works Ltd 5c 9c 34c 38c 1-98 " Mines Homestead Oil & Gas Ltd— Dominion 2,500 8%c 30c 26c -- 1 1 Acg Sep 2,000 Mar 1-30 1 Ltd Mines Gold Mar 20c ■ * 1 Ltd Mines 23 Stadacona Jan 18c Sep -- Santiago Feb Feb 30c Sep 9c 53% 1 Gold Mines 90c 1.60 100 ' v Aug 27 50 27 Jun 3.80 July 5c 1 Ltd Gold Mines Ltd— Red Crest Rochette 93/4 July ' 95 1.75 1.75 ; Jun 10c 3,500 -- Gold Mines———1 Queenston Gold Mines Ltd —1 Mar 7 75 - Jun % 25,500 3.80 3.75 Quebec Yellowknife 62 4% Mar 26,903 19 /•* 27 * ——* Imperial Mills Aircraft Corp 18% • Consolidated Textile cOMttlOft—— 31 32c — , Mar '55 750 17% —5 Preferred Consolidated S Aug 24c — 16 235 5% July Apr Mines 40c - ' Alcohols Gold Paramaque Mines Pato Cons Gold Dredging Pitt Gold 21c 1.05 1; Cadahic Pandora Jan 4% T'a 2% July 130 • • 5% ; Jan 53 75 23 50c ,-100 2% July' 1.75 25 2% 7 * 4% July 100 - 2% . 27/a * com . — Commercial ■: * com Avd Ltd Omnitrans 3,500 — 1 * Mines Ltd——1 Ltd Exploration O'Brien Gold Mines Feb 25c 15c 9c 9c 5c 4%c • Ltd Mines Norseman May Jan 192 a - Ltd Co Ltd Products Claude-Neon General Jan 15% 4% 100 . Co Yellowknife Mines Ltd Normetal Mining Corp Apr 25 30 192 * common- JLumDer weat-ern 19% 24c 10%c 5c 9c 5c 10c 1 y V 25c May 44 V * A preferred cum : 4% 1 Inv com Paper Vickers Ltd Canadian 35 145,. : 22 20 20 192 100 Trust qom_* Inv Products "' Nib Feb 29% 1133/4 May * - : Canadian Canadian 20 "' ' 15 Apr 108 Sep 109 : yy is Canadian Marconi Company i. 21 29 * Canadn International Catelli 110% pfd__100 Canadian Industries common 7% 225 Dredge & Dock Co Ltd——* General Investments Ltd—* Canadian i 50 22% class A Canada Vinegars Ltd 7% 106 21 21% • 105% Aug 105% 110% 110% TOO'* pfd Sugar Dominion <fe Canada 2.60 May 75c —* —} —1 Dredging Mines Cons Louvre July 21c /v 20c 22%c 1 1 5 Ltd Mines 50c 11%^ 11% 11% 1- y Lingside Gold Mines Louvicourt Goldfields 11% May 8% Mar 235 9% 8 4% July 642 80 9% 1 Butterfly Hosiery 5 78 100 Preferred 2,019 ft? 500 22c T_ Jan 14 60 Packers 51c ^ 1-; Mar 15 Columbia new— 28% 25% Mar .:■> 60 • Oil Co Ltd American Apr Sep * British 16% 12% 51c -j, • 439 f H 64c * 1 J-M Consolidated Gold Mines Ltd—1 Jollet-Quebec Mines Ltd 1 Kirkland Lake Gold Mining Co 1 Lake Rowan Mines 1 Lake Shore Mines Ltd 1 Lingman Lake Gold Mines Ltd 1 Apr 13 27% British C Feb 20 % 34c 57c . Mines Jack Lake Feb 12% 26% 27 15% Ltd Feb Aug 1.01 --.y: 23c 11 %c 1 1 —1 1 —. Hollinger Consolidated Gold Sep Sep 18 % 4 15% 15% Jun 10% 115 12% 12% 170 25 19 19 * Z Sep 175 Mines Gold Mines Goldvue Heva Apr July Jan '^•y:'30rv 176 8 140 60 10% —* of Bright & Co Ltd (T G) common B 176 10% Vancouver Ltd__5 Brand ram-Henderson Brewers 161 12% Aug Sep 47 5 15 . Mar 43 % Mar 135 6 44 Paper Bros Ltd Belding-Corticelli 7% preferred Beatty 11% is 11% Co. Ltd B—• class A—. —* Ltd common—___100 L _100 Belgian Glove & Hosiery common. " 5 % preferred __20 Si Power Bathurst Ltd Mines Goldora High Low Apr 1.50 July 4.05 1 Mines Goldbeam Range Since January 1 High Low Par 1.00 9c — 1 Ltd Found Lake Gold for Week Last ;• Mines (ly45) Fontana Sales Week's Friday 5 new Feb July July 26c 36c 16c 26c 42c i—* 1 1 1' Gold Mines Ltd Eldridge Canadian Funds STOCKS Mines Elder 87c 38c 53c 100 500 31c 36%c 1 Mines Sullivan July 500 ;. V; 3,000 — : Ltd Mines Dome / East : 1 it.X) L if Century Mining Corp Ltd May 13c — 1 Mines Ltd Jan 30c 39c — 1 1 Gold 52c ll%c Jan Sep 1.03 9c Central Cadillac Gold Mines Ltd 4%c 13c — 1 r, Centremaque 3,000 39c 1 25c Cartier-Malartic Gold Mines Ltd July Aug 4%c 38c 57c — Brazil Gold & Diamod M Corp Feb 22% Aug 11c — —1 1 Ltd Mines May 24c 13c Mines Gold Bouzan Banks Nova Scotia Gold : 80c 500 5,200 1.85 Aug 3,000 ' . ■ " —1 Ltd Bonville Gold Mines Bouscadillac Canadienne Montreal Gold Mines Bob's Lake — — 1 Yellowknife Mines Beaulieu 1,000 25c 12c 4%c 38c 57c 90c — Mines Ltd—1 Min<£(^-~ Gold Beaucourt Apr 125 100 39 — Lake Qflp Red Beatrice , Apr 40 100 100 100 common 121/4 1,242 13% 12% 12 % • Winnipeg Electric common Preferred 230 27% Gold Mines Xtd Aumague Sep " 10 27% Ltd 1.65 25c 12c — * • 1 ! 1 1 . Aubelle Mines Ltd High Low 1.60 1 Ltd Mines Astoria Quebec Mines ' Aug 23% _ Range Since Jannmry 1 v> High V" —1 Ltd Gold Mines Alger Gold Mines Yellowknife Akaitcho May Jan 109 • 100 preferred common Shares y. .4; Aita Mines Arno 74% 655 230 94% May Jan 8% 25 129 133 : 2,725: 90 • com Jan 31 . . 150 92% 84 , '110 ' 11 10 '; ; for Weak Low Stocks Mining Jun Jan- 79 • Grocers (Geo; Zellers 10 90 41% • Walker Gooderham & Worts Weston 90 41 * Wabasso Cotton Western •' 180 85 Rang* of Prices Par 1 ,v /High j: s 84 Last ■ ' ■ Range Sines January 1 Shares of Prices Sale Prion Sal e* Week's Friday : Sale Frlee ••• for Week Range Par STOCKS Sales Week's Friday STOCKS Monday, September 9, 1946 & FINANCIAL CHRONICLE THE COMMERCIAL 1358 40 44 190 31 Jan 70c 58c 24c 27 40 38 28c 1.64 1.71 51 46 Feb Jan Apr July July Apr Jan Feb May July Number 4523 jVolume 164 JTHE COMMERCIAL & FINANCIAL CHRONICLE CANADIAN RANGE Friday Week's Last v."!'.' ■v- Beaulleu of Prices Par Yellowknife Low 1 Bell Telephone of Canada Belleterre Quebec 51c 100 200 —. 200 Bertram & Sons class A—— 1.09 —* Bidgood Kirkland Gold— 1 * common '' • 25c V, Bobjo Mines Ltd 26c 11% 11% 16c 42c 16c "■ : 17c 11c 16c 21c 18 %C 23c • 12c 11% 12 * Columbia Forest 11 21 22% 7,568 157a 157a 26% 3% 15 2,880 15 , 874 275 9 29 31 3% 3% 3% 1,335 /•' 650 1.45 & • 27 * class A 29 5c 13% * Class B 31c 5$ 12%. * Co 25: jf • 13% lt>c , July .15 835 2372 Mar 20,700 2nd 12% Sep 100 25 13% 200 37c k 12 72 Mar 26 c 33 33 17% 17% 1.75 1.88 ; , - Calgary & Edmonton * Callinan Flin 1 20c Oils 1 22c 27c Flon Canada Bread 1.80 * com Canada Cement Canada North Canada _ Power Packers }'?■ Class A Mortgage 100 class A Bank Breweries Canadian Canners Class Car 25% 27 3/4 27% 291/4 950 31 317a k-.;;kv' 70 27% 27% 29'/4 525 14 15% 140 14 795 20 Sep 22 3/4 59% Jan 78 44 40 General Canadian Class Elecrtic Industrial 70 417a 26 177a 20% 22 50 Alcohol 270 ,18% 17% Jun Mar 25 9% 11 6,305 23 24% 900 23 May Sep 28 28 50 28 Sep 37c 41%c 12,800 11 23% - 41 %c 26% •/v/;;'., ; 26% 40 32 2072 Sep ;' Jan 258 56 100 I,325 1772 17% 10 10972 11072 140* 105 15 109 4% 47a 110 43/4 1,360 105 106 45 6.65 6.25 6.85 8,653 lie 11c 12c II,500 11c 6c 772c 22c Feb 66c 72c 3,000 19,100 Jun 68c 57o Jan 88c Jan 19c 19c .21c 1,600 19c Aug 39c Feb 87c Feb 25c Jan 1 0 70c Canadian Gils Canadian 17 Pacific Ry. Canadian Wallpaper Canadian Wirebound Cariboo Castle Gold Central 24% 2578 277a 2.80 3.10 36c 40c 5,000 12C 12c 12c 500 8c 16c July July 1 2.55 2.40 2.70 16,075 2.00 Jan 1 20C 19c 25c 76,200 8c July 33c July 5c Aug MinesL J 1 43C 39c 44c 28,800 1 / 5%c 574C 574C 500 112 111 115 30 56 •■>.;• " 55 56 11% 1174 11% 13c 13c common—• ,; 50 * k 1 13c 75 common 25% • .50 Wire Wihksne Gunnar Gold Mines Gold Mines— — 1.44 1.48 28 794 15 Jan 357a Apr 480 42 ■' Jan 70 Jun 5472 Sep 60 574 62 54% 47 5% • 2.12 2.01 2.20 11 %c ny2c 6,900 1 Wines • — Research .; 20c 20c 21c 40c 23,600 & 9% 1.85 July 15c July 3,500 26c 9% 37c 9% 100 15c 66C 66c 71c Chesterville Larder Lake Gold Mines—1 4,840 4.10 4.00 4.45 74,202 1.01 1.01 800 15 %c 19 %c 7,500 Chromium * — Citralam 1 Cochenour Willans Cockshutt Coin Plow Gold Mines 675 ,.• 1 34c 38c 1672 3,055 200 5 74 Mar 107a May 5c July 18c Jan 5,500 4c July 10c Jan 1 5.25 5.25 125 4.JO July 6.00 8 8% 210 Feb 19 20 8 Sep 18% Mar 12 7a 19 21% Jun 167a May Bridge :U' * Cotton * — Carpet Rock • Gold Yellowknife Coniagas Mines 4.00 18,855 14 1,125 51c 60c 6,200 66c 71c 50,200 50c 38c 38c 500 38c C9c 5 Mines • Bakeries Consolidated Mining 20% 20% 86 9074 175 175 177 1.20 1.14 • • Mining Leather class A 90c 2774 28 200 45c 48c 8 9,350 50c 50c 1.40 1.75 43,100 44 44 \| 500 1.55 27% 20 25c 29c 99c 1.65 1.60 1.65 300 24c 22c 29c 22,700 18c 3,500 12c * /. 12C •"'. 62,100 11 12 800 11 July 1 71c 71c 79c 10,600 65c July X 16 %C 1472c 17c 24c 23c 24c 14,900 24,900 13c 1 16c July July 1 1.30 1.27 1.49 16,604 1.00 1 Mines 12c 12 %c 30% 30% 31% Dickenson Red 12% 12% 1.73 14 %c 13c 14 %c Seagrams Ltd " Coal' Dominion Dairies preferred Dominion Foundries 1.15 25 5,145 106 10674 100 & Steel 287a 287a 17% com 29 * Dominion • common Dominion Scottish Investments com Preferred 1 Dominion Stores Dominion Tar footnotes see page 1361. • 150 2072 Mar 8 11% 11 ll3/4 2,305 Home • 2.75 2.70 i5c 15c 9c 7c 9%c 51 %c 49c 57c 38,500 43,100 1.67 102,250 70c Yellowknife Hosco Oil & 1 Gas —1 Gold Mines Gold Hudson 1 Mines 1 36c 36c 40c 39% 38% 41% I,252 1072C 10c 127Zc 108 10 Imperial 2.85 Feb 2.75 Feb Preferred Indian Lake John 1 22 Apr Ipglis, Jun InsDiration Min 18872 Apr & 872 37c 42c Bronze common. 13 123/4 137b 80c * 974 May 1.15 3.00 Feb Aug July Feb Jan Jason Sep Jun 3.05 : ; 21 Jun 275 287a Aug 7 % Jan 175 21% Mar Jan Jan 11c May 52c 62c 63,175 36c July 65c Feb 8c 9c I,500 July 21c Jan 75c 97c 44,440 12% 1.48 Apr 1 75c Mining 1. 23,800 1572c Sep 6c 45c 11c 1.20 ■ k;.: 10c ' Feb 50y2 Jun 7 12% Mar 23 2674 505 20 .Tan 28% Jun 25 25 50 23 Mar 26 3074 Feb 26 25 23% (John) Mining & Exploration. Laguerre Gold Mines. Labe Dufault Mines Ltd Lake Fortune Lake Shore Luz Gold Mines Mines, Ltd Lake of Woods Apr Feb 90c Sep 90c 886 55c Aug 1.05 2,000 99c Aug 1.40 1.56 II,750 21c 21c 500 16c 17 27% 295 2472 Mar 5.85 7.00 8,950 42c 50c 93,700 23c 71c 85c 5,800 ...J 45c 972c 10c 14 157t 12,500 2,425 32 50 1 common 14 — Mines 1.25 July July 4.55 July July 2.30 2.90 55c Jan Feb Jan 2974 Jan 11 Jan 65c Apr 1.46 Jan July 974c July 19c 14 267a Mar Aug 2972 Jan 4.55 5.25 1,000 4.50 July 6.25 6.00 6.25 650 14C Lamaque Gold Mines— Lapa Cadillac Jan 1.76 177a 75c 1.40 Feb 37c Sep 1.15 32 Townsite Feb 6,140 2.25 July 1174 July 9%C Kirkland Jan 13,300 81c 1.75 Aug May 1.20 13% July 44c I 15 5,000 71c ' 6.70 Lake 39 1.15 127a 15c . 1.04 1 Kirkland 30 11c July I 26% Kirkland Hudson Jan 24 Apr 41c Aug 1 La 47a Aug July 4c 1 Aug 1,085 12c 75c Labrador 12 2,500 Kerr-Addison Gold Mines Kerr Lake 36 Apr Feb 9,500 Kenville Gold Mines 2872 Jan 2.09 2.30 7c Jan 3274 27% 19C Aug • Sep Sep 1.36 21c 1.90 Labatt 30 700 July 4c May 3072 July Sep 157a 75c 17c 34c Jun 297a 1.45 9,155 10,700 Feb 1572C 30c Feb 30 1.05 Jun 357a May 47 61c Quebec Jun 107a 90c 1.36 Jellicoe Mines 30 Jan 90c 1.45 29% Mar 3172 . 126 Apr Jan Aug Feb Xayrand 1.65 17c Mines Joliet Jan 157a July Aug 5%c Waite Mining. Jacola Mines 2072C 80c 40 15 %c Jacknife Sep Jun 8% Aug 45 t 29c Jan Jan 16 29% 16% 1 50c - July 30% Aug 17% Jan 15% • Mining Jan Jun Jan 16 Petroleum Uranium Mountain Aug 75c 1,105 International Aug 20 Jan 27c 5,265 International 110 Jan 34 33% Island 15 Jan 30 34% W Aug . 7 74 100 317a Feu Feb Jan 205 317a Feb 30c Jan May 1,000 31% Jan July 73c 50 43 33% 1.67 Jan 37% * 55 Aug 27% • 86c Jan 74c 43 International Nickel Co Jan Jan 27 74 37% 1 common 4.40 377a Feb sk Coke Feb July 26 2,600 25 & 19% Jun 137a July 13% Jan 475 76c Sep Apr 11c 17 12,700 k; 80c Jan 27 35c 10 50 42c . Jan July 95 5,740 70c July Junf 23 12,584 5 8% 70c Jan May 7c 145 ' 3.60 30c 2,210 ;■ International Metals class A Sep 17% 143/4 Apr Jan 45 14 14 1 Devel 'Preferred International Coal 13% Mar 25 293/4 13% 14 7b' 69c 37 74 ,k 74. 6 International 247a 165 28 13% Sep 30c Jan 36c 145 32 1972 48 20 ...1 ____: 103 ;' 2.70 5c 445 110 20 Sep 2,830 4% 107a 107 28 Bank Imperial Oil • Imperial Tobacco of Canada ordinary_5 250 47a. 2.70 9,000 100 July Jan Apr», 13c 9,100 • A paid 11 7,450 10,300 16c 100 Malartic Mines 410 287a 2.80 Feb 207a 10 • •' 1 — Bay Mining & Smelting class ;;V Jun Aug 1.10 July 88c July 217a Sep 106 — 1.95 30c • — Oil 18 48 • - 22 29 15% • common Vtc 2172 347a 25 B •'2172 17% 50 Dominion Steel class * 347a 35 Dominion Magnesium Malting 39,500 1.00 25 preferred 146,600 20% May Jun 21% 10 Bank Dominion 70c Hugh Apr 51c Mar 23 19% 56c new Dauch & 2272 1.55 Aug 5c Mar 34,000 31,500 20% 65c Gold Jan 31c July 1 1.24 Feo 45c 1.20 Aug 52c Aug Jan 1.38 34 1.45 1.45 19c Huron & Erie common 16 1.29 1.45 3,200 6,000 lc Jan 1.50 Aug 9,000 I 35c 1.46 Feb Sep 1.04 Mining 12c 33c 1.37 Howey ;•:*;: Apr 1.05 Jan 35c * 19 1272 30c 100 k 5.00 383 1.43 common 5,500 33c 1 — Hunt's 3,100 30c ; J an 1.95 12c 17 %c Lake 35c Mines 1.42 Homestead ; Jan 13% 16c Discovery Yellowknife : 29 72 1.90 • Preferred 80c . 70 1 Mines Jan July • Gold — Homer Jan 1.90 Mines July Aug Jack 1 Nickel Jan 1.00 July 43% 86c * Detta Red Lake Mines For 173 30 97c * — B Dominion 203 8,600 1 Petroleum Mines 20 78 ♦ Delnite Mines Dome 1.27 16% Jan 1 : D'Aragon Mines Diversified . 355 3,000 • 50c 1 Aircraft Distillers 28 100 Crowshore Patricia Gold Class 20 1 Crow's Nest Coal Denison 8,100* 21% 867a July Aug 1.80 July 1.35 July 1,200 1.70 • common Imperial Mills Croinor Pershing Mines Davis 1.55 5 Crestaurum Mines Davies 1.55 1.99 100 & Smelting (Toronto) Corrugated Paper Box Cub 1.90 • Conwest Exploration Cournor 3.40 13 74 53c * ^ Consolidated Cosmos 3.50 •1$ 14 Mines Commonwealth Petroleum Consumers Gas July 2.40 July 4 13 7t Sep 40c July 0 Jan 4.70 Aug 1.90 Jan Gold Harricana Hinde 50c Jan Jun 6c Heva 16 1.00 Aug 187a 1372 Mar Apr 4%C Mines Hecjley Mascot 4472C Jan July 10c Jan 59c 1 Gold Heath Feb 3.00 Feb 23c Sep 3072c July . Feb 7 11 %c .4,000 15 Jan 374 Sep " Headway Red Lake Gold , Apr 2.10 V 1.41 Mar • 1 Conlaurum 43c . 1 Co Lake Colomac 15 %0 4.40 774 Jan • 1 Jan 25 Hollinger Consolidated Gold Mines Jun July 1.42 July -V 18,600 Hasaga Mines 2672 July 30 May 2.50 1,100 1 Jan Feb Jun 2572 July Halliwell 1.35-Feb^ 24% Mar lie , 10c Harding 3972 Jan 20c Aug 9% Hard Apr 26c 9c Hamilton Jan 57 12 Aug 9*% May 257a . July lie • • Hamilton 22 45 325 May 1 July '-:•/ 26 90 f 1.44 1 Gai >' 31% Apr 12 7ac Mar Raicrow Swayze Mines May 18 ,'1.15 125 Hahn Brass common.— May 4 Jan 1174 July 2,500 • — 35c . Jan Apr 3,000 5374 1 Ltd Jan 2.90 14c * Gold.— Feb 1.30 79c 12 72 c * : 52 Jun Feo Feb 40%c 99 72 Mar 1,690 " Saddlery pfd—. ,'. West " " Hallnor Sep July July 28c Gypsum Lime & Alabastine Jun 157a 2472c July 70c 46 k 137a Jan 4,100 •2.90 30% 1 Porcupine Chemical 24% 257a 1 Centremaque Chateau 30%' 24% • Quartz Patricia 505 8,838 * B Boxes Trethewey Central 17 74 1774 • — class 16% 5c Feb 25c Aug 8,500 26 July 8.75 10,500 27 50c 1087a 12,500 Harker i 2,000 Jan 5.05 July 88c Apr 26% Sep ;725- 73c 15 Va • 16% Tire Canadian 66c 105 k 86c * Malartlo 207a 42c Grull ■ ' Canadian Jun 42c Feb . 217a Aug 17 26c Paper Apr 1074 Mar 33c Greening Jan 7 74 Sep 125 /;/•' 360 ' Rubber July 21 • Mining & Jun Jun 111 187b :85c Great / Jun 20 111 :> 17 1 Mines Feb 2072 27c Goldvue Jun 5.55 Jan 72 Feb 73 Mar 4 Jan 75c Jan a Sep Feb -T7% 62 Jun 11 32% July 14 Aug 33 Mar 2.90 33c 285 17 7e 54 Jan 1374 July 1 Aug k, 15 33c 1 24 187a Mar 10 5 —1 Gate 30% May 20% Jun Jan 1374 Aug 1 Eagle Mines Great Lakes May Sep 247a 1,135 28 32 Jan k 12 7,110 r 327a 6% Aug 12% Sep 4.00 110 Aug 24c 56 109% 10% Aug 134 87«c July 3.90 3.90 2972 Aug Jan <Jan : k; 2278 225 177a • 160 May 1 Gordon McKay class A Jun 24 2274 » 150 , 1972 16 » Canadian Locomotive 30 Jan 20 530 270 A—- com ,270 B Mar 19 85 .r 26 16% 16% 21 Canada >. 65 iS" • 12% • Ltd Graham Bousquet !■•>• Grandoro Mines Jun 2072 24 ' * common 1274 Aug 6714 20 —100 Products 35 1 Tire Preferred Feb 315 14 • Dredge Food Jun 1,920 8,429 20 V* common Jan 7 65 Jan 1 Goodyear kv 99% July 223/4 26 Va • common Preferred Canadian Canadian May ; 21% —v—• Celanese 88 Mines 22% July Jan 5% Feb 6.35 Mar •„ ,,90„. Jan Jan Jan 36 July 48% 3,555 * common Goodfish Feb 53 ,477a Jan 210 28 A Canadian , & Lake Goldora . Mar 23 4.20 12 Golden Feb 205 • 26 22 • Fdry 160 V 7 July : Mfg class A 1.35 1.45 Jun <,,.150 9,300 100 Golden Manitou Feb 26 0 — & 51 98% 2972 Jan 17 July Golden Arrow Mines I 4472 May 178 37c 11c " Wares Apr 22% Aug Sep 28 2,140 1,825 15% Aug Aug 127 Goldcrest Aug ,147a Jun 7 Goldale Mine Jun 177a Jan 59 7 455 107a —100 Goldhawk Jan 147a 48 July 10c -100 Products Gold 153 Jan 126 * common Steel Jan 1072 Aug 510 kk' 205 50 * common Pow Jun /v 30 :fk-'64 Jan 97b ., * preferred— 972 Jan Jan 4.60 40o 650 1974 5474 9% • preferred God's 4.90 18 50 127; 107ac f • : Exploration 257a 36 ., 1707 17% 98% 10 preferred Canadian * v 18% 17 common-; 1st preferred V.iV.; 260 202 * Commerce Canadian 11 Jan 3.16 "-Jun Mar 4.45 19 • A Preferred Mar Jan 2574 53 class Giant Yellowknife Gold Mines Gillies Lake-Porcupine Gold Glecora Gold Jan 44c 56c Jan 131 10 40% 17% <: 14% v 140 : 40 * — Canadian Conv 10% > 139 26% k, 61 60 50' Wire Class B 149 26% * common Preferred Canada 50 8,320 • • Permanent Steamship 4,900 100 52 Jan 13c 3.35 217a 31,500 28 * General Sep 2.95 / Sep 1.80 Sep 674 Jan 4.45 £. * Canada General Bakeries 197a May •. 22c 8 • B Canada Canada 1.71 19c 22% * class 6,385 7,834 2.15 148% ♦ * Malting 5% 572% ■ Feb 33 Sep July July 4,500 V" 44c Jan 17 8 1100 Canada Foundry class A Canada 28 62c Jan 10% May Apr 890 55c Jan 42 60,350 28 1 Co's Gatineau V July :1 Apr 17 kj: July 60 20% • common Preferred 19c 90 . ■ . 25c Calmont Campbell Red Lake Apr 27 ' ■ 22 July 2.30 July 5 885" 1.06" Feb k Jun 15 227» Jan 21,600 Fraser k 9 7/8 c May ■ 14 85 6c * Gold Frobisher 35 /•; 95 43 55 %c • Mining., Co General 1 preferred common common of Francoeur 07 .Tnn 945 ■ 15% 1.00 1 Class A Jan 4sc Jun v£-> Calder Bousquet Gold Caldwell Linen 1st pfd May M 1.64 Apr 11 Feb July 3.85 July 12% 217a • common Aircraft 95c 140,650 20 1.15 July —_* Fittings Ltd 578 May/ . 4.30 1.00 r_100 Co 28,431* Burns 35 Grain Kirkland Ford 13,500 — Jan new Candy Shops Preferred Federal Fleet 26c Products Jun; Foundation 23c 287jC Building Federal 5 Jan 2.6c Bunker Hill Jan 2872 Sep Aug.,:" k 177z. Jun i 11% Jun Aug Jan 23c Feb Jan * Players Farmer 55c • Burlington Steel Fanny 72c 1 Mines Famous 374 July 500 620 4274 • Falconbridge Nickel Jun ■ July . July July 8,300 « Julv 4.75 30c 600 1.73 21% English Electric class A. 18c 4.75 7,500 42c 6 72 c 1 Jan 40c Buffalo • May July 1,700 Buffalo Ankerite Gold Mines Buffalo Canadian Gold Muies 58c —1 Mines rk 21,500 83,100 Aug —20 Gold 24c 1.60 19c 117. Eldona 49c 1.35 10,000 —25 Eddy Paper 20c 48c 25c 3.65 Elder Gold Jan 28 1.60 common- Aug 8 22 %c July 40c Fen 48c' 22 , •800 85c 1.56 Investment Trust- 26c 374 46,467 14% Steel new 1672 Sep 15. I.80 1.47 Mines 307a 25% Mar July 1.20 13 6c Jun 21c 1,623 : 1.40 — - 1374 Mar 2,500 27% 3% Mar 2«>% 30 25c 30 1 Red Lake 18% 18 21c 60c Washing Economic 3972C Jan July 1574 V 1 Mines Jan 15 8% • Oil Gold 30c 12% Mar 3% ♦ Dominion Easy Aug 50 26% • Broulan Porcupine Mines, Ltd Eastern Feb 55c 85 • British Apr 30c July July July 10c 535 28,900 Oil East July 18 • Buffadison 14 Crest 14c 10c 1.10 East Malartic Mines 30c 13 22c — British Columbia Power class A Class B 1072 July Amphi Mines East Sullivan High 325 92c 23c Mining Co Gold Mines East 147a Aug 74 May 21% • '. .Class B Jan ; : 24 18 18 • Brit Columbia Packers class A 45c y, Jun Feb 15% Roofing * Brazilian Traction Light & Pwr com_* Brewers & Distillers 5 Brewis Red Lake Mines —1 British 92c , Low 16% 99c Duquesne Duvay Range Since January 1 High 16 237a May 13 Brantford Oil Jan Shares 16 common Donalda Mines Feb 1.45 , 2272 Aug ' 75 - July; 12 ;; 10,100 21,100 9,000 196,500 42c 507aC July 16c 35 • American 47C 35 Bralorne Mines, Ltd British 21 9,800 12% 22% Boycon Pershing Gold Mines Cordage Jun 15% •■',• Dominion Woollens for Week of Prices Low 2.65 May 216 Aug July July 70c 40 12% 14c Brantford Jan 10 17,900 ' 1 — :?■ 85c 22 %c 'V 1 Mines : Jan 181 100 4,000 22% •• ■—* common— •v: 21 72c . Gold 45c > 679 1.10 "'1—4' ' 72c Preferred Bonetal 205 97c ■ 4*'^' r 1 ; Biltmore Blue Ribbon 151,800 Bales Range Sale Price High 55c 10 %c 10 %c • Week's Last Range Since January 1 ' 1 Hats Friday ; Shares ' —1 Berens River Bevcourt Gold for Week High 50c MARKETS SEPTEMBER 6 Sales Range Sale Pries LISTED FOR WEEK ENDING 13c 17c 28,800 5.55 July 7%c July 37 8.00 Jan July Feb 8.75 Mar 20c Jan May 287b July Lapaska Mines 1 57c 54c 71c 650,610 Laura Secord Candy 3 21 21 22 470 Lebel 1 47aC 472C 43/4C II,033 Oro 25c 197a 4c July Jan Aug -71c Sep 237a Apr 8 7a c May THE COMMERCIAL & FINANCIAL CHRONICLE .1360 LISTED CANADIAN 8 RANGE Week's Friday STOCKS Last Range Shares I Loblaw Cl&ss B Gold 18c 6,700 68c 26,700 7,820 1.74 July 1,105 27% Jan 220 26% 32 Va 3.75 3.40 4.40 498,255 44c 40c 46c 13,550 30c 28c 33c 5,100 21c July 4.40 3.25 Mines Macfie Red 3.25 3.50 3.65 Macassa "3.60 3.95 Lake 22c 22c 30c J 1.90 1.88 7.05 Ltd Class 3.05 3.05 3.40 V Apr 45c Feb 1 59 %c 57c ,67c 26,800 2.05 7 1.81 2.05 16,550 4c 5.00 . Jan 7.50 Jan 22c 13,118 5,500 5,500 Class Ltd B 3.75 1 *—!. Range Since January I i i Low '''I 14 ; 13 ; 10 *"""< >77 * 625 Red Gold Lake Gold Magnet Consolidated Gold Malartic Manitoba . common, Mapie Leaf Milling common Maralgo 14% Marlon. Rouyn 15 7%c 7%c 1.39 new Malartic Southam 10 860 : * : 68c ; : 40'/»c Standard Chemical May > IQc 49V4 Jan 55 : Jan 12% 1,665 17% May 5c July July 15 %c 60c July 2.20 " 135,600 21c July 18c 10,500 12c July 45c preferred 1 —I*: 15 Grain class A —* 2,127 14% Jan 21 490 28 Sep 35% Jan is 120 18 Sep 20% July 11% 11% 21 y2 • 21% 10 11% Sep 12 % 375 lb% Jan 26% Mclntyre Porcupine- Mines McKenzle Red Lake Jun Red McWatters Gold Mercury Mills Lake 1.00 Knitting 36c 41c 27c 20% • • Porcupine Montreal Light Heat & Montreal "7c 7 ?v: 7c 7.60 : i POwer 19 % • - _ ' 25 100 Morrison Mosher 1 Brass Long National ;♦ Lac. Grocers 20c ,37c —• common dationai Negus 19 % steel Car 24% ; 24% 1 'Bidlamaque Calumet 2.29 Gold Mines 840 2.40 '59c 60,700 28c 20,295 60c Norgold 24C 28c 2.75 1 Corp Northland ; ■ 1.61 ,19c 10c Mines Omnitrans Exploration .Orange Crush common 1.99 Page 23C 20c 8c 500 7\ 22% 15 18 / 7 Jan ■ ■ 5c 57c 57c 1.29 18c July July 7' 1.20 - - 18c ■■■■■ Rouyn July 95c 7c July 18c Jan 7 July 1.65 Jan 28% Jan 35 35,425 34,700 * 1.00 July 6%c 2.85 8%c Aug 235,900 10c Rush 2,000 1.29 5c July 11c 50c 12c July July 40c 5,400 20c ' 5,100 1.06 1.00 July 1.95 47c 4.95 42c 44C 35c 57c y.:' 32 34% 1.00 80c 80c 1.40 . 3,600 —1,065 1,300 : 400 1.55 •.7 8,200 July July 29% Feb 66c July 1.40 Sep 54 Mar 58 58 14% 14 % 1.90 6,750 49c 1.85 * 49c 1,000 45c 8c 1.75 • Sheep 14% 60 22% Sep 1.70 July 25 Mar Feb 9,600 7 72c* 1.8O Jan; Y, 85c,'^uly. i: 9% Mar 4,940 18c 3,500 ']y "7712% May Aug 23% V 70 :<777'T7 0 40% 15 Sep Jan 7 45c •: r 1.05 1.55 ;7: 1,800 95c 9,400 15% 14% 16% 29c 28c 10% 1.05 69c -■ ,49c • - 48c 1 34 34 13% 20c 46c 31 , Jan 7'7 11 May s .7,58 Jan 43c 50c 11 July 20c 100 57c * ; 200 2,00(1 ; 34 16,000 10 14 May ;7 475 Feb 7 , 3.10 Feb ,• I:'7 7 • Feb • 40c Mar 16 %, Aug July Feb 87c 9% July 22c 11c 108% 530 ; 32c Feb 7 Feb 28c 18c 2,000 2,000 July 60c . ' Aug 1 159 . July (' 77 1,69 Jan July * 7 55c Mar T" 59c —13,250 " #29c » ; Jan ' \ • • 24 7 25 24' . 230 »"29 7 - 155 25 800 165 ....,. £.05 Jun 1 230 i . July 1 36%,May ? 104% July Y 108% Feb 30c Jan 11 %c July ,( 12 % May 7 21% May 94 V2 "■ 4,000 : 25 3.80 ; v 3.65 Mar * • 7 10,5007 16c ; Jan 25 ; 1,010 - »Jan 24 106" 105 ;i4%c '— r • .. 1 7( 30 Aug 145 7"Jan 7 7 220 ( 10 * .230 '}•: 27% p ,205 230 27% 10 - Jan 15c July "23% . 7 32c- .7 30c 71 —* 17c —**Y7'' 30c 34 Feb 7" 1 ,Apr ' 105 43c r J " 29 Feb ? 77' 8,625 7 3.65 May ; 77". 6.55, Feb * Sep J4 8,500 33c 17c -.i:'--, 7 ,19c 25c July" 14c 4,500 July Feb 67C 39c . 7" 14 "77 Sep *' 100 14 ,; > 18 Jan . July V j 23% .Jan 54c . 61c 58,403 13 V 14 20c 20c 29,% 9° 990 - - 2,500 July 93c Jan 39% Sep (•. Apr Silk Fairbanks 13 12c 7% 31 500 215 103 103 10 •1-40 6,729 7c 9c 4,000 27c 25 %c 15 15 5 66c 72c 21,700 21% 20 23% 475 1 40c 40c 49c 14,403 28c 12,20? 7 :Feb 1 , .Jan 25% July Aug 29% Sep 82 l*eb Ganaaian Industries Canadian Marconi ————Y—f. —Y_-* ——* 25 Jan 61c 16 ,' Coast Jan 31 . 17% Oil Dalhousie — Aircraft deHavilland —*———* ,35c ., 7 30c 25" ; 34 Jun Jun Bridge Oilcloth Y , Shoe -Y— 205 54"" Paper comnjoij L9 22c julv Sue Feb 15 Sep July 16% Mar Lahgley's preferred— —_*Y_10D Minnesota & Ontario Paper—^ i—* Oil Selections y —*——'—,-y—*, 26% Mar Fend 82c Price Apr 1.18 1.20 800 Jan 2.70 1.01 July 2.08 2.82 3.07 115,465 1.66 Jan 3.65 Jan Apr Apr ? Apr 29% July 31 ,38c 42. ., < 5 Sep 43% •-.* " ?■ Sep !* Juris Feb: 1 3.80 61%: Feb' r ; , 4.00 Jan * 23%; Apr' 3,750 ""'250 ■ Feb Jun. 173 . 52 1.75 Aug •July 25 Sep * May 2.75 Sep - Feb .Jun 29 ; 18 17,509 1.85 25 Oreille Bros ——1 Y..L—_Y— .— ccwnmoh ■ " ; 25 47% Reliance Grain iennsfcammg i 95 Va Feb 1.50 Jun Aug Apr , • Jun US May 2.20 Aug Jan' j 39. Aug 25 4,683 43 Sep 23% . 56 Jan 719 20 4,310 18 July 4%c 1,500 3%c Jun "2.85 2.50 2-85 56 56 58 1 7 23 " 4%c 7G 24 45% "45 10 " 75 30 75 ..; 59 Jari 1 Sep ' (Apr 85. Jun ' 19% 2.50, Sep 2,650 ' ' 70 27 V4 May Feb 1 7c .Y 5.00-Feb 56 Sep 67 "July "29 July " ' 18 common--*———Y—* Mining 20 250' ' , Apr 2,100 25 43 Jan Sep i *" , ' 45% 7 35 39 ; Jart " 2.10 26 " ■25 •85c Sep 10 38 41 *108 25c 315 23 . 106 - Jan 1.18 * r Sep •'-•; 149 200 • 20 1 41 100 international 500 , i " '104% July " Aug 2% 4,400 2.00-" 35 35 . ;— Humberstone —1 .Apr 8 Va .Apr 12 85 :7 7 15 150" 20 20 common—Y-^"" -• -Y-^* Dominion Textile common—*.——*—* Foothills Oil & Gas —— •'-—*' Hayes Steel ————* Dominion 9% Apr 1.63 78 "38% May 5 '2,000 I*.: 3 7 14 315 . •*7-"' 2% 150 2% 27/a 21% 155 ' 39 y2 Mar 185 , 19% May 5 25 • 35 i Jun 112 78 "1,050 21"" 2% ; "1.75 Jan Sep * 21 2% . * 7718% ;Feb July 81"- 15% 7 39% 39% —3 6 20 '4,100* .5% .Aug "'7160 Aug 7 4% July 35 U High : Aug 55 90 62 .15 15% ; '53 —— 26 * —-* • LOW 22% 7 —J*.—J—*'——Y—5 Copper ./■ 21% 7 22 ►--* Lumber-— 25 Range Since fan nary 1 ■.>, 430 27 *78 7 1—: Preferred" Consolidated Paper Aug 25c 7 14c 31c Sep Sales Shares 160 164% 5% Vickers——-*Y— - 3.80 July 7c Sep 40c 32 for Week ' —■—-r.—Y—i—* Canadian Feb 7 1.57 Mar Sep July Sep Aug -58 * , ———,—* Sugar— —* „*-*'*y—~--Y—*' Canadian 7 Aug July Sep 64c •7,727 & Dominion Canada • 'Vinegars , f **pr 7 Apr Bruck Canada 1 Dominion 70c ., 22c "" 4.00 . 10% 24 %c i' Western 17 - High ,25 — Westinghouse ( 125 $2,000 of Prices Low 58 Pulp & Paper com—* '>,• _*Y_—Y_*—Y100 7 164% Brown Co common* I —I Y. 5% ;7 Preferred -100 Canadian 17% 33 Range,. par ——• Corp—- Canadian 65c 20 7 Week's , 7 Preferred Jan 40c t Last 7'/ Columbia British 256 1,610 : Exchange-Curb Sociioft Friday 77'7;;;/-»Y;>77-.7 - '7; '.' •' y-y-y7,y7'. f *7,100 32 Sale Price f 76,500 ; Canadian Pahis 38c 86c 7'., 'y 16y4 May >; Jan 47c :• Toronto Slock 22c * 1361J — 30c Y 29c . ;; —y-y--Y : 15c * page Jan ,13% ~4,924;~' ^T80'3ulY7 ^*"5.10 8iC" 205 —1 Y, ;v: 7 ■■■: .x f 12% July 8c July 1 ^ ■' Jan 4,100 ,137 76c ' 31c 7 :—• —* 6,000 T Mines—: 8V« May y ■; 14 VaC ,'7 1.93 July 7 V 7 78,100 %.-30- 4;20 ,131 .724 f j : Y 4,ooo ■ 25c 17 4.10 —1 ' . 23% ■r7 -,1 10% ; Creek-— • 7 12c . common—- ; Uchi, f " July •10% Sep ^'7%c Jan 23 / _L — v; 7V( 2,425 : 11 33c 11c : Y 29c STOCKS Apr 2.15 July 65c 13% ;„i - H Sep 77 "" 13% ——• ;• 12V2 (5 12% .100 .100 77; J00 :• 7 jco ; 23 %c 23 %C* —i ; I —1 Mines Knitting Bonds— 1.15 lApr 1.25 Feb Sep 83,211 20,000 • 23 Va DOC 32c 12% c 12%c V 17% L - 7 22 '/2c: Feb Mar 13,500 ; 15C 16 %c ? 20c common- ^ YYl*_—Y——Y—Y—5 Combing Asbestos 1.25 1.15 „50 10% Y 7%c 9,135 11" v 6 ' » Jun 90c * : v 2.417 776,073 goc — Wright Hargreaves Mines Yellorex Apr 55 —• "705 .7y4 • 7%c" 7;.7" 1.000 2.30 11Y* 20 Jan Jan 90c common Apr . Mar 24 103 - > 7132 .jMay4 ;Y 39c Jan' 77 ;7Y>35;,-vJUiy 35- .July t- 77 Y.7 105 % May | ' 25'/4 52% 52 7 7 .(77133 Jan Feb 1 Wool Y May 11 12% __^ see 23l/2 *100 Minq? 3.45: Jan 51 13% Ltd_l For footnotes 50 7 / ■I. 50 ■"'(10 July 170 ( 7 >14 ; , Jan * loo * Paper preferred Gold 7 ry; 11% May Apr 54% 95C — Gold 1.65 Jan .: X 3.30 "Feb 5 July 60 1.08 San Antonio Gold Mines Ltd— Sand River Gold 1 Pherritt-Gordon ', _Y—V 77 205 v .71 , 54% l — Shawinigan / Jan Apr (77 46% Feb " (Apr i m— Mine Shawkey 142 Feb 65 ■ Aug 7 '71-7 * 15c 36 Aug 52c •: 1.75 : 7 1 Mines Winora , Jan 66c new Jan - July 2.40 > 77 7 7.70 Mar 14c 200 — Mines 36 25 > July 10%7 20c 7 22c '-77 • 2.35 * Preferred Ffeb 2.70 July * Oil Scythes Ltd May 7 Ahg ; . 1.25 May Jan 3.80 July 1 , St Lawrence Corp common Class A * Sunnorm tyi 80c .May 1.20 July 25 15 %c 10 . r i—* ▼mir Yankee Girl_ 19,500 Co Senator Rouyn 20 V 3,500 34 '7* —.1 common York 18c * /;"• i.* " r Jan 34% ^ —-Y-YlOO Ltd 7 12% .18 St Lawrence 34'/4 > common-*. 7' lt)c y. Grocers ■ 5,700 ——1—_1 Ryanor 7" 7 107/a ,' * Feb "711,315 1 new " July 104% 103% 7* 103% 103% 145 ("1.09 1.17 • * Consolidated Feb 12,% Mines Mills class A Gold . , July 77' ■7,7 325 :'"777", 12 12%" V.'i-*-34 imam Products—1—1—— Jan 3.15 *—____—1• Industries • Jan 9,750 22c j... Feb 35c 55,100 61c ■ 1 Cotton Lake Russell 7 7 170 ; 115 V4 115 y4 ''7;72lC.7>7"20c7> 21c* \ Wiltsey-Coghlan Mines Winnipeg Electric common— » Jan 46c July „10 77 12% Royal Bank Royalite 48c 255 * 18 Y—1;Y>7..27. 7; 27c Mines Preferred .. 1 Feb 4.15 7_—I Oils 43% 1 >7.7 lie :.>• Preferred Aug ; 3.00 1 Merger Gold 1 ; . 7 7i 12% Aug 7 5.39 Feb 3.05 July ■'45c ;7;-7" no.' - * Gold. Roxana ; ; ' Feb J .09: Mar .4.10; Feb Jhijr 11% Jmy ■ 5,000 j• • * i—— Lake Gold Westons . • 70c 7 9,000 —«• —y__ ,1.35 27c 1 (Hiram) common WekHsko t 60c 3.85 1 *_- — Wasa ; 2.59; Feb 3.00 1 Roche Long Lac 245 JilJy Jur) 3 25 ; - Jan ' 24.c 7A ( v r*7 ; "7" 900 7 23 26c ' 115 >/4 iJQ -WalterAmulet, Mines^ Ltd.* Walkers Feb 3.85 Y—* . *-■ 1 Rochette July Mar;.' ;45c . July 1.00 'V 15,200 7' 43 y2 .'"7 41 7 170 7 "s 168 12% 12% _._25 — — May Y 1.55 18c 1.41 Regcourt Gold Gold 1 L*; : — Mines Villbonna 86c July 40c * /7. 20c 43c Apr 95c 13C i *_ Vicour .. : West 35c *40 Riverside Silk 7 21 ' 27c P Jan I ' common Steel Ventures. Ltd. 7 Jan 90c Quemont Mining Richmac v : , 3.85 ..Jan. 37c July July July 44c Queenstpn Gold Mines Robinson 54c ?71.35 1 J Y; ?1C Y—Y—* -I- Upper Canada Mines Ltd 57c 40,100 7-78,100 lie 1 — United Apr 7 -7; 32 Textiles i West Malartic 65C 25 %c ..,,1 Pre ferred Renfrew ' v.-• ♦ 50c y—_Yy—JyIy—yyyyyY^Y7%c • - 10y8 : 7, 9% Westeel 20c 27C _1 Oils Jan 1.30 . 1 *_ United 7 Jan Sep ; 24,500 11 %c __ Reno "A" class *—» Jun 1.45 _r—: B Jun {•', 440 100 — Corp class B —1 30c 33 B CY ,-y, Gold 17 I ——* — Y Fuel Class 26% 31 - Mamtou pi"56c " 64cY _Y-*V7 — United . Feb 16c 2,730 —1 Dome_ Quebec - Mining 21V2 76c certificates— Quebec 23V2 '7 Jan Y': T ' .100 A_*i* united Jan Mar rs Apr 37c 1 Premier Trust-* Purity Flour TTnion . 13% Mar 9%c 1 Prospectors Airways Purdy Mica "3.65 7-" 56c > *....YY—Y*Y'( class Union Gas Co 14 70c —• MinesY, Metals {-[ 6% ' Mining Co. East I 568 64,000 •> Jan ' 470 77/8c * 22c 1.53 July* 14,500 1.25 :— Cremier Gold ; 5L**; 7" 75,985 8,700 12'/2 \ >'51c *100 : * "■7;;••• 7:7 '95c Golo trust Feb B 77'■: 81c -Porcupine,Reef Gold Mines Rouyn ; >7 4,800 " ) Y Trust— .Transcontinental Resources Apr 9% 16,600 53C Mines Powell River ) 1.40 15c l.Oo 1 95c July 19c J82c 31c 1 Mines of 9c Feb : 4.45 , July 45c ;; 4,5507 .1.10 • i «. Finance Class 7; Jan 5% Jan 500 31% 1 V 4,900 7 1.1/ , Gold 2.60 Sep Apr 40c 1.50 July 8,500 95 ;• • 2.60 .:7"3.50 -¥i', Preferred'" 121—II—III„III 100 May f 6% July 595 57c Ltd 33c July7 70c 450 22c 21 (new). Pioneer Gold Preston 7" 4,500 9c Gold 2,45 " 777;" •' "1L10 " "12'% class-A—I.—YY-# Iron Traders 7 2.24 May ,7 Sep 83c Piccadilly ' ) 1.05 Mar 1 15c July 43c 22c' . 16 Malartic Pressed 20c 21 Pen-Rey Gold Mines Voting 10c 4,500 —1 Paymaster Cons Mines r-eweu 79,200 —X Paramaque Mines PicKlerCrow Jan 32c Pandora Cadillac Perron v* X Oils Partenen 72% Sep 1.03 4 Mines 4— ' 22 Mortgage '' 7 * Mines Porcupine 5.65 -' 2.05 22c Lake Mines. Hersey 30c Aug 6% I) 22c Petroleum Pamour / • ... Mines Pacific 20c 83,550 Y 60c " '} % .7 ___ Lake Pacalta s Apr 7 30c July 6c ,70c 6 * 1 Osisko 52'A ' 5 * Orlac Red 400 39,175 lie 70c .70c . * _ , OjLeary Malartic Mines Osulake 33c • July 2.55 July 48c 46c 6Va • :T common ; Gold July 7,500 22c 43c lie Preferred Ym i — Towagamac Explor 1.39 Aug Sep 7 36,700 1.75 19c Omega Gold Mines. Orenada 1.55 45c Mines Preferred .1 Mines.7—————Y General Toronto >. 3-25Mar 10c 2,365 7s 2.55 ' , „10 T_^ Elevators Apr 62c ■ Ltd. Northern Canada Mines Gold 77c v-y 9cl0%c Mines North Star Oil 20c 3,600 54% 63c —T Mines. Inca 52 V4 Jan 15 %c 3,000 Y"' 18 y0 li>r 92% July Jan July 2.40 • Jun. j mr 1 „' Mining v : "737,700 2.75 64c 1.50 5,750 ■ • ! .Toronto Sep ' 14c 14 %c 52% Malartic Mines'— Norseman O'Brien 20c 24 %c 5 , .y* Normetal North 20c 3.00" .2.00 '7 50c > •*.».7 _7— Gold ..Toronto Apr 30% Jan 14C — Tip Top Tailors May 8% July 1.30 25c Mines Norbenite 30% 43c * __ Apr ' ; 21 Feb 6% July 24 Jan 1.20 „ y— 16% Mar 2.25 1 — 7 28% • 13c 25,070 "7715 12% Jan 7 80 . 2.99 ; 1 : Toburn Tombill 49c — Mines Yellowknlfe Noranaa Feb July 1.25 1 — Mines Nicholson ■Nipiasing 45c 49c 83 ' New Newnorth Sep Aug 515 120 771,500 I,,- i.Y, :53c .1 50o Y Thurhols Mines July 26 • ^ ——i ( 7. > May May 1 5 . 5 v7 17c 'May 9% May *24 July 79 89 l?c •' ; 27c 30c" : 7""1,500 Y—It-.-.YMOc ;Y '10c12%C7 T" 15,500 Gold-.. y 7ftc 120 1 .77 Thompson-Lund Mark Gold Mljes. Feb 22 81 J an 16c \ ' 22,500 7 .7> 2.40 2.60 ' * 21 k 21 v ! 10% July ' 89 VY Sep 10% May- .;* . May 18% Aug ' 7-7 ; Y Teck-Hushes Gold Mines1 26c 8% 2.42 x. •. Mines Consol Preferred 7U 100 29% 8% —r~* Cons 7 — — Mines "1.04 Jan 6 % 20 t 7 Jun" 105 Sep 18% '< Jans Feb 50c ' Aug ' Jan 6% 250 v v; 84 ■ "7 Sep 100 160 11 16 V4 • <; Feb ; 25% 7 __25 , 10 "1,600 .6% 1.55 Mar 1,95 Jan r_ 7 (Tamblyn (G) common.*—.; u—• 7 ^25 ' 7725 7 26 ■"77270 7 '7 22% Jan ( 7 7 27% May',: i Preferred .---—*7—54:, 40 ;T 54% May ,527/« July * 77" 2o\ Taylor Pearson &c Carson common.—* 7:77— 77 0>/4 6V2 ,5% July : r'7'7: 7% Aug ■. 4,500 20% 29'A Mines New Nib 19% 18 Iron Inlet 18,300 . " r. 91c - (Toronto 20 Hosiery class B__ July '93c & ' July . " 355 23c $ 37c ; Aug 52c — Apr 1.50 Feb 65c 10c 3,347 T .20"% '6% 11 , July 23 10 ~ 840" 15c 10y2 '92c 7 " : ,.- Jan ( - 7 2,900 7% "20 34 Jan Jan 1.12 - ' 102 102 V2 ' 20 * ,Taku River Gold Mines—— Aug 2,255 42c —* Preferred National 20c ; Jan 65 22% ~ 5 5 " .1 ..1 12% Feb Feb 5,585 19% 73% Y Jan 11 * common. Sylvanite Gold Min.es 77.; ' ' ••'( \ Feb 38 Co 10c .1 July 90c Jup 1.40 Jan 18'/4 25.700 ; May 36% 108% Mar , July 10 y2 6% :'v4U •; ; Jan 35c. 25 Jup' 6% Aug July 78c ,7. 1 7% —I Surf Mar 17c July 6.65 July !, j. Canada Rock 75c ' " 7 10 ~ T of ( Sullivan Apr 36c 6c 2,100 * Mylamaque Mines 75c 22 25 19% 18 I. Apr 430 ;;r. 59c 70 v 72 Jan % 11,455 18 19 7'* 18 " common July Radio . Jan 8%c i-, —— Y Stuart Oil preferred Sturgeon River Sudbury Contact— Y. 1.70 Mar July 3,000 55c . 25c 20c 17% 235 7c 7 65 V 17% ",18 55c ~ , 8.20 7.40 >7/ 65 —100 Locomotive Corn 31c • common- common July July- "7,500 77 20 :• . 75 % Sep 80c <ty8c 24,220 20c 20 52% . ' 1,000 20 %c Mo net a Moore 9,925 '•v; " • — Containers 1,110 " 1.13 5%c l : OH & Gas— Mining Corp 55 1.00 5%c • Gold Miqes —, Mid-Continental Monarch !52% 53 y2 1 —1 McMarmac Modern 9 — Mines— , : Preferred ' McLellan V100 — Olson 8teep ' 10c - common—. —• Co * 10 ' Steeloy Mining Corp May 23 , 1 • Starratt Apr 29 ; " * — common 17 ■h 18 , : common Steel j Jan 28 15% 75c Stanley Brock class A— 51c ; Feb „ 28% 17 %, Feb; 25Y2 77 13% July1 Jan 59c ,7-* . - Pavmg .Standard Jan. 7 36c • 15%'May ; . , Jan . 101 y4 18,400' ■" 19 >/2 20 71:00- 1.36 1.25 " 7. .• 24 180; . poy4 •• ; Preferred Jan 25c — Stanuara 7. ■ * - Preferred Feb 13 Mines Rights Jun llVa 13c -20 15% May ;*-• 5% July 8,325 44c 30 _• 1 «, * ( Jan 30c : - 3.75 20 . .:••*• . Stadacona 1,895 . July 27 v2 - 530 - 7■ 78c 42J/4 ; 7-;v 46J «-107 —20 - Sturgeon- 104 * 68c . 1 , ; " 7 1.06 »/2 ' 1 * 825 - .100 — Mlnesj Jan 15.y2c common——, Oil 53 , 9 ,* July 77.-7 >25 77n- 13% Feb ,.7 913 7 • 12 y4 Aug " 12 %, ■ -.v.6.%76% 6% 7 7-7 Y" 34 * 35 7 30y2 ** 30J/2 -3iy2 • ; Co Springer 7 new—'— Mines—. (N) Jan , a —* 95c July 1.50 July 3e Apr 39,800 1.14 1 Preierred Frontenac 38c 1,000 1.09 1 Gold Massey-Harris McCabe 14 —1 Martin-McNeely Mines McColl 11.85 * Gold- McBrine 3%C 11.80 53 10 Preferred Marcus 3%c .——* ... Maple Leaf Garden """ 11.85 —* Eastern & : -1 Fields 2.45 July High July 12 . Maasen (lY 12 > • 130 ....... 20 9.75 -——5 V4 '77-12 lA Preierred new— aiaden Feb ft.45 class Slater , 35c July Sep 1.50 July 7- 13 20'.-v _T common B Simpsons Sep 3.05 July 4,100 Mines———1 MacLeoa-CocxstiuH Gold Mines ,! High 12% Sigma Mines 2.5.0 July 2,625 9,160 13y4 ailverwood's class: A Siscce Gold MacDonald • ■■■[ common—— ; Silknit 86c , .Low Y • 34 Jan new vtc Feb Aug May " 1.02 July 7. Shares ' Jan 3.45 36 July 30c Mines 33 * ■■■.( 7:7|Par •;. New Jan 1.46 July 2.15 •• Sick's Erew Jan 1.55 37c July 35% 33% 77 Sales for Week Range of Prices Sale Price High 1.20 July 5,600 32% _ Yellowknlfe Gold— Lynx > Week's Last LOW 1.15 1.94 33 % •— -*•-* Goldfields Lundward 31c 1.01 1.95 Lac Gold Mines Ltd class A—- 1.36 28c , . 1.04 Groceterias Louvicourt 30c , Mines—--— Cmgman Lake Gold Little Long Friday Bang* Since January 1 High 1.30 1.30 - i Gold 6 STOCKS for Week of Prices Low Lexindin MARKETS SEPTEMBER Sales Sale Price Leitch Gold Mines. Ltd— WEEK ENDING FOR Monday, September 9, 1946 lie /lie 19 200 17 11C 500 9% c.July 33c Mar * Jan - THE COMMERCIAL & FINANCIAL CHRONICLE Number 4523 Volume 164 1361 over-the-counter markets for Friday, Quotations Septembecr 6 For Quotations on Real Estate Bonds Specialists in Shaskan OVER-THE-COUNTER SECURITIES ; Firm Trading Market! - ^ ; I Members New York Curb Exchange . , h in : 250 Tel: Established Direct Wires to * . Co. & CHICAGO — V DIgby 4-4950 Bell Teletype NY 1-953 2-8700 REctor Phone: M287 & 1-1288 Tele. NY Dealers Association Members New York Security 1928 40 Exchange Place, New York 5, N. Y. ISSUES ACTIVE 120 Broadway, New York Ward Co. & Members New York Stock Exchange Reorganization Rails PHILADELPHIA (When, as and if Issued) Bonds— Investing Companies Pa* Mutual Funds— ist 48 Aeronautical Securities Conv ,'•■ 7.96 K-l Series K-5- 25.85 Foreign Assoc'ted Standard Bond Inv Boston of Tr Series S-l S-2_ Series 4.93 S-3 Series 9% S-4 5.51 5.99 18.33 Loomis 117.89 IVa Loomis 53.02 6 America 7* 106.96: Sayles Mutual Fund—• Sayles Second Fund—10 Manhattan Bond Fund Inc— 19.86 FundFund Ltd. Ceptury Shares Trust ..1 4.55 Investors Mutual Invest Preferred Bond 1 14.93 10 15.05 19.12 20.86 1.58 1.73 & San ;= ; . 2Bc Eaton 15.66 •; - i y -1 Fund--; Stock Fidelity Industrial Fund, Financial Inc_ Boston First Mutual Trust 17.14. Fund 45 6 Aetna Fundamental Trust shares A—.2 Capital Corp—4 General Investors Trust —• ,.1 General American Alliance American Automobile priced bond series V v Casualty 5 Equitable S American Fidelity & Casualty_8 .10 "v Re-Insurance shares— shares... 41 43 / 10.45 13.90 15.27 Camden 10.39 11.42 City of New York 12.54 /; 13.78 Connecticut General Life 13.44 14.76 9.41 10.35 Continental Casualty Crum & Forster Inc 40 -j . vV * Electrical equipment ,. 10.72 Bankers & Shippers Boston 11.91 14.48 .'Merchandising -—- 15.90 ii-'-V Fund Inc —10c - 10 > 68 9.80: 10 8.41 9.63 Firemen's 9.87 Franklin * 8.98 —m— Tobacco 12.04. Putnam Schoellkopf Hutton and 3.91 f. 5.42: 5.75 Pomeroy i Selected Amer Shares 6.36... : :.4 % Standard 1.00' Union 1.80 105.43 —2% i 28.13; B Series Bank Group shares * Insurance Group shares ? of America—10 —1 Investors Fund C 33.61 14.99 15.34 21.05 19.24 20.99 ; 29.86 — 18.05 19.80 Recent Bid 10.82 U S Fire North Amer Trust • 2.93 2.59 t 1 Series 1956—— 48 47 4 56 59 10 85 90 2.50 36% 39 101% 102% Texas 101% 102 Westchester Fire Security Issues Ask Bid Power 100% 105% Westinghouse 1970 Yonkers El Lt & Pow 25/aS—1976 100% 98'% 103% 101% 102 2%s — Pub Serv Laclede 2%s Gas Lt 3%s_1980 3yas— 1965 104 1975 106 1975 101% 2%s Power Central 105 Maine Koppers Co 102% Monongahela 1986 100 VA 100% Ohio 1976 101% 102% 101% 102 Philco 101% 102% Service 2%s Gas Brook - 100,V 99% Oct. 99% 100% 103% 104 Other U S Conversion Issues- " 3s Panama Canal 3s 102 1966, 1975 97%.: 100 Va . -• , 1947 1981 .«•'':,-•' 129 ,98%' 101% Union Oil (Cal) 100% 99 109 Va 103 104 103 104% 100 105 105% • $3.75 106 103 108 Spring Brook 4.10% Sioux City G & E 3.90% 100 Ratea quoted 131 106% lot. Rate Rid : Ask Bid Ask of Indebtedness— Oct. b0.375 V 0.28% Oct. b0.375 0.33% Nov. 7. b0.375 0.33% Nov. b0.375 0.33% Bid 3, 1946. 1946 Oct. 10, 1946- b0.375 0.34% Oct. Ask 17, 1946- b0.375 0.34% . 100.5 100.6 Certificates —1 Vt% 100.5 100.6 t%s Oct. .0019 .0032 .0120 .0210 t%s Jan. 1, 1947 .0072 .0134 .0095 .0173 sale—not .0118 .0213 livered. 0.35% 0.35% b0.375 0.35% b0.375 1946——. 1946 29, 0.35% b0.375 b0.375 0.35% .0089 t7/as Feb. Nov. 0.35% b0.375 1946 14, 1946— .0067 t%S Nov. 1^ 1946 t7/aS Dec. 1, 1946 0.34% b0.375 Nov. 21, 1946— Oct. 26, Ask b0.375 1946— 31, 1946 24, Sept. 12, 1946_ Sept. 19, 1946. Dollar Price 100 Plus Maturity- Bills at purchase are it/t discount Sept. Quotations For U. S. Treasury Notes tSept. 15, 1947_ {Sept. 15, 1947 SSept. IB. 1948—. - United States Treasury ; lOOYe Figures after decimal point represent one or more 32ds of a point 15,: 1946 — Corp. 107% 102 Scranton Bid tDec 105 101% Seagrams (Joseph) 2yas City Gas & El 2%s 110 106% 3.90% 2%S—1976 Treasury bills- {March 15, 1947- Service 102 100 99 96% 108% Power 4.40%—100 IO2V2 bl.10% 15, 1946 100lB6 100'/8 1, 1955-1953 • Public 92% 95 101% Bid 0.90% May 1, 1952-1950 iy,s Jan. 1, 1953-1951 Maturity— 91 3.50%—.. Federal Home Loan Banks— ,iy4s 2VaS Feb. Power 101% 3y8S_1976 Sioux Ask Pederal Land Bank Bonds— 1950-1948 Par 2Vz% 1975 Coke & Scranton-Spg 1, 100% Electric 3.70% 3%% Public Serv (Ind) 3.50% Ruppert (Jacob) 4'%% 100 3cranton Electric 3.35% Public Serv (Okla) 2%s lVzS Oct 100 Pennsylvania 1976 Public Pennsylvania Electric 2%s Obligalions Gf Governmental Agencies 101% 101% $4 Philadelphia El Pow 25/8S—1975 Page 1344 100% 101% Preferred Stocks— American Airlines 100 Monongahela Power 3s 19 % ■. 1976 25/8S—1971 Elec 104% 1976 Ask 99 Va 1976 Utah Pow & Lt 2%s 101% 1961 Illinois Power Co 27/sS— Portland - Light 2%s_1975 105 Mt States Tel & Tel 2%s Bid & 100 Va Ohio FOR NEW YORK CITY BANKS & TRUST COS.—See 33% Fidelity & Guaranty Co—2 1976 ; Kans Okla & Gulf Ry 2.95 U S El Lt & Pwr Shares A 119% 30% 625 95% 7.90 1 I-A 3.45 —_ 35% 610 U S Guarantee 113%- Iowa 6.95 shares— Series 1955— 53 < 115 10 " 94% Montana 9.85 B-4 31% 28% > __100 American Airlines 3s—»—1966 Gatineau Power 3s— ™ ' — U S Bondfl— - . 2.50 D 29.75 27.28 — 98 25 Standard Accident Travelers 50 33% Calif Elec Power 3s Diversified Trustee Shares— Independence Trust Shares 28.41 ;—, ; 26 VA 108% 9.73 Fund—— Unit Type Trusts— Oustr**tan FundsB-l__ "*:v 73 70 10 10 Springfield Fire & Marine 10% 25 12% Surety Security New Haven 34 'v 29% • - 31% 23 Tenn Gas & Transm 2%s„ 1966 10 7.50 ' 1.18 16.37 30.92 - 1.05 52% - 7 29% Bklya Union Gas 27/8S.i_.—1976 v •14.64 Stock and Bond Group shares- 50 95 38% '• 10 Seaboard 8% 6 10 St Paul Fire Sr- Marine 37 20%i, 31 36 2 1.06 1 Union Preferred Stock 23% 18% _fi Flre_ 21.75 23.01 Wellington Fund 10 Reinsurance 24.21 6.86 99c Providence-Washington . 21% 15 10 15 8 56.50 N : 23.48 A C 16.71 American 89 13% Preferred Accident 91c 82c 95c Unien Common Stock Fund B—_ ;8.90 89c';; Great Hartford 63% 85 35 15.- ; !' 58 60% 10 7.34 53.50 - 15:25; preferred \ 10 13% fl com—✓ 106 28 Indemnity Co Phoenix 12% r _fl Rutgers Fire 90 14.25 6.70 25c .-v series & 86 101 ! Fire 106% 8 Globe & Republic 12.50 102% 10 Glens Falls Fire Globe 6% 5% ' 19.90 Fund Bond 5% 107.57 13.18 -1 1 Utilities--——-10c ■■■Series , 5 Corp (NY) Republic (Texas) Revere (Paul) Fire _10 Hanover Sovereign Investors ■ 1.75 3.80 4.18 8 Fire 2nd • ; Trusteed Industry Shares 26.16; 17.32 11 Bcudder, Stevens & Clark Fund, Inc 5.32 / ; : 30 V 16.11 v :&/••• „—.-IOC 6.11 .v. 20 Trading Fund—Jt Republic Invest Fund,—.,;..—A 7.35 a & (Geo) Newark-o General Reinsurance Corp Gibraltar F're & Marind. 12.82 11.67 11.67 ... Petroleum 5.7P- 5.19 • B-3 72 2.50 Pacific Fireman's Fd of San Fran '■*' Securities Ltd— Group shares. Series S t 7.31 5.78-, Institutional B-2 31 River Pacific • • 6.64 80c Incorporated investors..;——fl Series 29 'vVx v'-; Railroad State Street Investment Corp—- Series 34% 31% 50% 31% 62 8.87- 24 48 183 of 14% 22% " Northern 56 . 53% 13 Northeastern 59 8.76 51 69- 178 Railroad equipment Steel 31 8 21% ya 10 — 167 10 66 10 8.81 13.38 2 10 19 20 8.01 12.18 6% 6 157 Casualty New Hampshire Fire New York Fire 10 Federal ,4.83 ——1 ;; 8 ■ 2 20 59 29 29% 10 Fire Assn of Phlla w; 28 Union Fire North Fidelity St Deposit of MA 9.45 8 26 56 Liberty Amsterdam 24'..- 8.09 10.85 6 ,10 22% B Employees Group Employers Reinsurance 7 6 New Brunswick 74 • Metals - . National New 78 70% 7.35-./ 5.22 Holding Corp Co 73 10 Oils 5.55 ; 7 6% 25 Fire 11.78 10.84 i stock Insurance i Machinery 4.92. ? r . National ...2% Public Utility 3.54 shares -Utility, shares Scries 10 — Baltimore American— 91% 4 National Fire 6.23 ;,6.48 Tobacco shares Keystone National 64ya 11.84 10.96 Equipment shares. Investment 20% 61% 14.32 8.07 Steel shares Aviation 18%/: 25 Automobile Diversified Speculative—— Y 29% (Detroit)—10 Casualty 10 Surety 9.51 v 8 N 16% 87 27'% 12% Fire 10.77 12.22/ 8.60 ft •v Foundation Monarch Reserve — 38 14% 1 —4 33 American — 16 101 : 18% 31 American ; Equipment Fire 17 >/4 7.13 stock Business Mfrs & 10 8.77. ' 10.34 — Mining shares— Common Merch 7.65 Merchandise shares— Income 11% 17.78 * stock Merchant Fire Assur 6.43 -1 ' — Low Prioe Shares Railroad Bond 2% 19% 16.89 : Fund— 7.56' 7.98 bond shares Petroleum of Newark 11%. Casualty Massacnusetts Bonding 8.92 Institutional bond shares Huron American 9.81 .5.66 shares... f Investing ; American 4.70 Maryland 10% American .; 13.04 9.27 6.87 V Industrial Machinery shares- RR 4.60 4.22 Aviation 7.51, -, ; 11.13 Electrical Equipment...—— Food shgres — Railroad ;\j 4.14 Bank Fire 17% ' American 8.09 8.99 8.93 Chemical shares General 35 13.87 "i.34; •£0.43 — Administered 97Va 7.35 8.18'; . Fully 14% 10 20 12.63 6.83 , - ——— Building shares V 10 Insur Co of North America x shares—.—.— I shares Aviation Homestead 78 ya 31% 9.33 Diversified Investment Fund— shares Automobile 50%-v 75 Automobile Group Securities— Agricultural 48 8 22 8.44 Chemical 'i 5. 29 Va Agriculture " v 45 27% 29 5.18 Inc— 42 Home 20 8.12 . Ask Bid Par Hartford Steamboller Inspect._10 57% 4 4.59 York Stocks Ask 94 10 7.38 Beries Bid 91 Jersey Insurance of N Y 5.95 Building suDply 6.04m - »• 47 10 8.43 New 6.80/ 19% 45 55 ' 44.98 17%' 25 Life 7.56 England 16.59 5.77 W V St Louis & San Franoisco corn- 10 6.98. 48 15.14 2 Fundamental Investors Inc 68 10 Agricultural 5.37 — Stock series - 55 99 66 8.05 series stock New 2.34 7. 6.25 f x 27.78 2.13 r . 10 Corp First A 16.03 25.81 V: Fund Inc. 97 t:. Par ■ 7.34 Speculative series V 72 27 com Preferred Aetna Casual & Surety Aetna 12.15 11.24,: 1 Series— Selected series 27.45 25.67 -1 Fund Grande 25 52 Rio 69 • Low priced stock common- Low Howard— St Balanced Sc 32 , Preferred stock Delaware: Fund. Dividend Shares— Denver 99 Francisco— .16.44 14.59 Fund Inc series Industrial 6.76 ■ 354 • 100 preferred Preferred 16.05 series Income 6.22 1 Louis , Securities— National Security 153 148 100 . Commonwealth Invest 97 Common ]-■ 1 Fund 2d National Investors Corp— 34.28 31.88 —* Chemical, Fund— —1 't -14.52;' 15.70. 3,000 ;. Securities coin—100 2, 900 Christiana 1993 1st 50-year 4s Income 75-year 4%s_,». 9.63 shares Balanced 5,25 v 69 5% 4%s 29.77 Investors Trust Mass Nation-Wide - 66 Chicago Rock Island & Pacific- K10 'V) 8.76 27.69 — Mass 21.47.- v24.56 22.48 92 '-Si7 ICo Common 21.29 6 1— 88 Grande- '■). 6.65 Fund—: 8.29 17.07 w 6% 1 2019 4%s — 6.11 Knickerbocker 8.91 St 17.50 14.63 13.30 102.68 —_ Fynd Ino_i— Canadian- Inv Rio 1st 3-48 income 29.49 iV 15.93 ... Series 11,93" 8% -—w—..„-«.l Broad Street' Invest-Co Inc Bullock : 11.00 AxerHoughton Beneficial Corp..* Blair & Co ' 4.50 Axe-Houghton Fund Inc„ Fund B— / 33% 31% shares— Oil 6.29 5.75 10 -1 Investlng-lOo American & Ask Bid Stocks 105 28.38 26.85 * IVa Affiliated Fund Inc Amerex Holding Corp American Business Shares 20.98 19.12 Series 8.73 Ask 103 2018 income Denver Income _„1 Bid 1994 iik Bit Par Ask Bid, . . .yVl. Chicago Rock Island St Pacific¬ AV»% 100.18 100.19 -iy*% loo.io ioo.ii; AVs% 100.29 100.30 1, 1946 1, 1947 *7/aS March 1, 1947 t%s April 1, 1947—— .0137 ;0249 1947 .0103 .0248 t7/as July 1,-1947 t7/as Aug. 1, 1947 .0116 ,0277 .0219 .0397 t7/aS~SUpt.-lr, .0143 .0337 t%S June 1. 1947— — a g lot sales, Odd Formerly z 1946, Club x b Yield price, Aluminum Included in range Ex-dividend, Formerly Alfred Utensil *No par value, Cash sale, 5, d Deferred delivery, e Ex-interest, Co. £ Remo ved to Stock Exchange, r Canadian t Ex-stock dividend. (Un) Unlisted Issue, for year, y Ex-rights. Decker & Cohn and common stock split on dividend. c Dec. tin default., a f Flat Pj^c® market, s vasn wdwnen de¬ . J Inc.; name changed to Society Brand Clothes „Q JUiy 3-for-l basis. {These bonds ' are subject to all Federal taxes, flEx-liauldating THE COMMERCIAL & FINANCIAL CHRONICLE 1362 Monday, September 9, 1946 Week Ended Aug. 24 BANK CLEARINGS THE COURSE OF /" compared with a year ago. show an increase clearings this week will Bank Third Federal Reserve 884,684 Philadelphia Reading Wilkes-Barre 329,453,337 + 59.3 180,988,246 153,723,970 + 17.7 123,100,000 + 46.1 Youngstown 233,115,000 197,367,000 + 18.1 173,160,301 144,742,027 + 19.6 160,571,615 126,897,819 + 26.5 122,377,695 105,547,321 + 15.9 $7,931,122,615 $5,512,631,274 + 43.9 West 1,478,467,672 1,311,857,200 + 12.7 Virginia—Norfolk Y ^ Baltimore days Other cities, five days of , + 12.4 + 23.9 94,773,645 90,519,055 + 20.6 199,543,572 2o! 151,600 15,574,100 + 29.4 18,186,200 192,309,454 15,452,700 3,032,574 4,547,648 2,665,935 + 13.8 3,187,834 + 42.7 3,734,394 3,489,104 242,011,286 225,623,064 + 7.3 243,206,833 203,407,234 659,399,802 567,581,128 +16.2 565,722,831 510,696,734 I (7 cities) we Virginia—Huntington $8,590,576,225 + 19.4 District of Federal San Francisco Reserve and the V 3d 12 ■■ YYyyYI 10 Philadelphia 4th Cleveland 7 5th Richmond 6 6th Atlanta 10 . 17 7th Chicago Louis.. 8th St. 4 . 9th Minneapolis 7 10th Kansas City 10 11th Dallas 6 . 10 Francisco 12th San •< «« + 621,482,323 567,581^128 296,359,954 >; 326,679,350 4,578,993,245 607,308,878 582,991,375 + 16.2 354,846,639 565,722,831 Y + 19.7' 510,696,734 261,277,683 9.7 40,372,892 + 31.0 34,735,009 38,911,774 —354,846,639 296,359,954 +19.7 261,277,683 253,345,923 340,311,230 335,133,031 571,444,689 244,555,992 376,280,930 749,549,452 592,471,222 t +26.5 272,593,766 + 23.0 225,177,013 + 35.6 213,976,891 210,637,377 358,383,258 317,707,659 + 12.8 272,517,472 213,233,028 164,190,719 +29.9 572,381,714 Y 504,304,664 + 13.5 M 305,347,413 ";Y:i If •« II • ;Y 11,734,000,926 9,903,049,111 Y 5,310,789,859 Outside New York City— Sixth ;t";.":.'tYY;>t'tV7•'Yw; Y• YA-t'' Federal Reserve Y District—Atlanta— r1 11,208 895 , Y Georgia—Atlanta —..Wp + 34.9 32,344,117 33,062,210 + 19.6 122,200,000 119,800,000 3,831,144 Macon now add our Louisiana—New Orleans , ++ Total (10 cities) •:'Y; Clearings at— Federal First 9,367,637,116 8,465,848,663 4,164,780,067 1 Reserve 1944 1943 $ ■j,£ YyC." + 66.3 f 2,841,920 + 41.5 289,708,416 1,112,052 + 24.0 1 ;Y; * Y * 277,094,508 364,911 633,610 3.9 1,202,668 4,370,473 + 6.2 4,367,877 3,876,371 3,087,043 + 25.G 2,785,436 15,322,037 15,499,879 1.1 13,547,835 378,399 • Worcester. _ Connecticut—Hartford New Haven Rhode Now + 20.7 5,491,274 5,721,301 + 23.8 15,365,400 15,354,700 736,618 +29.0 592,120 413,938,177 359,700,761 + 15.1 337,890,903 326,679,350 District—New York— Buffalo , 668,893 610,543 15,533,305 15,031,040 1,482,261 + 21.9 1,372,248 + 29.9 + 26.0 Indiana—Fort Wayne.. 63,422,260 56,432,352 + 12.4 58,962,431 59,116,488 15,944,627 1,108,545 949,782 + 16.7 1,375,937 York 1,197,446 + 14.9 978,431. "V 990,116 1,071,562 725,107 6,423,211,067 Rochester .. 5,454,140,527 + 17.8 5,202,857,049 4,420,537,784 13,929,535 11,154,444 + 24.9 13,406,983 11,049,409 7,557,354 5,663,134 9,013,881 Connecticut—Stamford 10,889,557 Wisconsin—Milwaukee. Iowa—Cedar Rapids—. Northern New Jersey Total (12 cities).: • , 3,516,734 + 21.6 1 9,591,005 + 23.0 , Chicago 1,666,929 14,365,433 7,216,239 ? 629,869 470,587,804 + 25.9 1,682,756 + 33.3 686,248 592,679,305 2,243,782 . :'V 6,887,738 ; 749,549,452 + 1,746,758 *y 14,041,207 v 547,737 453,709,303 "f ; » :' ,:; ■ Y ;Y Y 3,340,822 6,315,792 29,782,172 1,626,322 15,391,931 6,296,236 713,417 439,783,729 1,434,022 5.848,981 5,316,889 2,044,529 2,302,633 2,315,139 1,732,436 + 43.8 + 26.5 •; 592,471,222 ; 1,639,988 + 44.0 2,304,569 -Y 1,775,410 - Y 5,831,613 9.0 + i8.o 5,837,870 Y; 3,319,435 2,552,400 (17 cities). 'YY + 25.3 . • 32,464,373 + 30.1 9,044,080 Illinois—Bloomington ' + 41.3 2,356,148 18,695,582 Sioux City 26,968,000 25,476,000 + 36.4 + 38.4 8,957,151 > 41,438,913 Moines. 571,444,689- 156,900,000 • 554,155,501 Eighth Federal Reserve District—St. LouisMissouri—-St. Louis 148,300,000 169,800,000 + 18.8 77,912,086 67,258,736 + 15.8 60,862,287 59,543,566 54,714,663 33,978,153 + 61.0 35,643,426 1,073,555 1,556,877 —31.0 34,679,849 Pv 981,000 335,400,304 272,593)766 +23.0 253,423,136 201,700,000 Kentucky—Louisville Tennessee—Memphis Illinois—Quincy Total (4 cities). Ninth Federal Reserve > 1,069,000 Y 244,555,992 District—Minneapolis— 4,830,165 4,582,906 5.4 3,841,488 3,651,341 220,884,000 163,359,243 + 35.2 45,699,705 + 39.6 151,501,507 48,582,860 151,751,298 63,810,140 Minnesota—Duluth Paul + 44,218,056 ' 2,858,664 North Dakota—Fargo 5,104,796 3,452,026 + 47.9 2,832,823 South 2,320,076 1,870,065 + 24.1 1,578,068 1,553,426 2,337,042 1,662,910 + 40.5 6,061,194 4,550,158 + 33.2 1,620,422 4,019,723 5,308,866 305,347,413 225,177,013 +35.6 213,976,891 210,637,377 Dakota—Aberdeen Montana—Billings Helena Tenth Federal Reserve District—Kansas 1,295,726 202,573 + 10.5 1330,392 Omaha 287,277 + 15.0 3,940,265 + 20.9 85,984,782 78,224,279 223,865 —. + 211,395 Y c-.iV, 266,077 9.9 230,563 191,244 3,390,327 69,095,081 4,471,669 73,279,778 2,386,909 3,736,565 6,275,671 + 18.5 7,011,668 5,439,004* 216,875,352 + 12.5 184,350,024 183,969,797 8,405,603 6,282,590 + 33.8 4,966,796 5,454,456 1,510,841 1,328,050 Missouri—Kansas + 14.5 7,438,409 244,019,600 1,025,405 857,682 + 54.9 •' 358,383,258 "317,707,659 +12.8 4,376,896 Kansas—Topeka St. City- 4,764,820 Lincoln City Joseph Colorado—Colorado Springs Pueblo Tutal (10 cities). 2,160,190 + 47.3 338,079 750,178 763,349 581,736 272,517,472 276,790,848 Eleventh Federal Reserve Dlstriot—Dallas— 6,028,802 177,151,000 2,231,836 2,281,441 Dallas 135,909,000 + 30.4 111,112,000 98,195,850 Fort Worth *18,500,000 15,788,440 + 17.2 14,793,653 11,877,772 3,865,000 Texas—Austin Wichita Total *2,858,898 +110.9 + 28.4 3.290,000 3,361,000 1,640,861 + 41.9 1,273,069 1,160,261 5,359,791 4,982,520 + 7.6 4,543,064 4,772,042 213,233,028 (6 cities). 3,011,000 2,328,435 Falls Louisiana—Shreveport. 164,190,719 +29.9 137,243,622 121,648,366 1.8 76,405,951 76,281,654 427,539 + 33.4 5,997,550 6,376,037 + 41.4 6,285,305 360,339 + 18.6 289,418 362,556 25,858,004 32,530,637 83,741,633 Oregon—Portland San — Francisco + 25.8 25,071,891 24,690,701 5,349,528 Santa Barbara 2,180,960 + 16.7 70,041,032 77,754,365 25,117,327 6,921,180 + 35.4 24,809,207 22,465,939 7,522,563 5,878,034 334,915,000 9,678,695 California—Long Beach Pasadena + 22.5 71,781,423 33,999,183 Lake City 2,935,941 83,777,487 . 85,294,469 3,596,740 Washington—Seattle — + 27.7 7,349,696 3,45G,260 9,713,681 3,238,929 292,391,000 + 14.5 266,367,000 243,929,000 4,802,772 + 8.7 Stockton 8,063,037 + 20.0 1,946,119 + 38.5 7,092,126 1,661,172 6,576,040 — 5,250,538 + 25.2 4,365,148 6,475,658 Total 1,980,045 4,603,630 2,696,339 San Jose " — Newark V, 2,893,012 33,700,761 4,004,932 Terre Haute + 30.0 26,678,000 36,393,000 South Bend... Utah—Salt ' Syracuse 3,824,809 ■» 4,970,877 Indianapolis 1,571,458 y ! JElmira 349,644 525,051 5,874,970 5,856,690 H YY: 3,526,377 4,125,242 / 2,817,406 2,747,042 + 46.6 5,672,962 4,067,105 895,030 Twelfth Federal Reserve District—San Francisco- —;4.4": 1,806,778 _ Jamestown Jersey—Montclair • • 15,243,470 _. 335,133,031 5,123,730 Galveston Binghamton.. New 6,106,233 15,101,100 York—Albany New 14,124,376 950,579 cities) Second Federal Reserve 2,670,085 7,370,634 Hampshire—Manchester (12 — 4,110,640 Y 18,702,100 Island—Providence Total Wow > 340.311,230 1,083,889 5,170,994 Springfield 376,280,030 y+17.1 4,065,386 883,735 V j 794,722 + 1,431,758 + 53.4 3,527,157 Y 1,378,326 580,528 — 92,953,519 Y.;,' Wichita 2,907,502 + 14.9 ^ ' if. 806,456 768,742 ; Y 2 Y 307,687,011 Bedford— 75,192,080 District—-Chleafa— Hastings , 1,379,105 Lowell New - 4,020,168 River 265,839 0.6 — 4,045,310,879 353,629,477 Portland Massachusetts—Boston 219,979 78,359,289 7,368,695 445,903,412 +18.5 wSf. Y Y 901,707 1,504,426 + 75.5 Lansing 463,728,552 Dec. % $ SrJ'H •*+• -: ;• ;• c ».*.V Maine—Bangor Fall Y;-JJ;.-YY,Y.. $ Reserve District—Boston + 13.4 172,680 Grand Rapids St. Inc. or 1945 + 10.1 4,146,001 303!o70 ■ 119,517,716 Michigan—Ann Arbor- 121,648,366 Week Ended Aug. 24 Y.YY 1946 43,170,987 58,250,164 Y, Nebraska—Fremont. ' ^ 51,199,956 1,807,851 37,628,205 34,596,321 4,300,856 77,921,076 Mississippi—Vicksburg 137,243,622 week ended Aug. 31 for four years: 1 2,246,937 1,543,431 41,043,013 64,119,549 4,699,982 Minneapolis detailed statement showing the figures for each city for the ,f 2,516,369 51.6 + + 32.7 57,293,755 Mobile Seventh* Federal + 81.9 2,106,752 S 1,610,457 2,441,205 —. Alabama—Birmingham Des 8,471,293 9,986,899 8.6 + 36,946,205 141,200,000 Augusta Florida—Jacksonville 276,790,848 + 19.4 4,448,908584 :, 10,318,395 491829,040 168,900,000 Nashville Total (7 cities) We 1,925,936 554,155,501 253,423,136 +17,1, 440,547,716 t M + 253,345,929 335,400,304 if 130,655,542 1,962,265 150,530,239 Springfield- Y) 5,367,108,732 + 16.9 659,399,802 j.;.. Y + 29.7 1,102,629 1943 Y;; 337,890,903 15.1 + 17.9 Y 726,319,722 M M 111 cities Total 359,700,761 Y-.v'* 6,142,000 74,608,048 1,434,650 $ :* Dec. % $ 5,605,198,972 Y. Y 5,717,000 + 29.0 2,545,410 ^Tennessee—Knoxvllla-__ Total 1944 Inc. or cn M CO +:; Y 6,609,653,701 4* + 51.8 + 38.0 52,875,841 Rockford by Federal Reserve Districts: VY. 413,938,177 12 cities — York New 1,305,288 5,407,000 : 165,082,673 Decatur. . „ . „ ":Y $ Districts Reserve 1st Bcclcn id 2,192,577 76,680,242 1,835,184 140,875,598 Columbia—Washington- it: Total (6 cities) SUMMARY OF BANK CLEARINGS 1946 2,288,156 t. a summary Week Ended Aug. 31— 3,326,610 96,782,270 1,980,965 7,462,000 124,899,750 , Carolina—Charleston Maryland—Baltimore —51.8 . furnish 3,990,031 Reserve District—Richmond— South + 37.9 1,766,087,751 29.9% , 4,297,428 Peoria following 607,308,878 104,756,605 4,829,661 Richmond week covered by the foregoing will appear in as much as the week 12.8%, the Dallas Reserve District of In the 582,991,375 :Y +16.9 211,476,162 Fifth Federal the Saturday figures are not District of 13.5%. 621,482,323 ; 129,776,022 Total available at time of going to press. Accordingly, in the above the last day of the week in all cases has to be estimated. In the elaborate detailed statement, however, which we present further below, we are able to give the final and complete results of th week previous—the week ended Aug. 31. For that week there was an increase of 18.5%, the aggregate of clearings for the whole country having amounted to $11,734,000,926 against $9,903,049,111 in the same week in 1945. Outside of this city there was a gain of 19.4%, the bank clearings at this center having recorded an increase of 17.8%. 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 17.9%, in the Boston Reserve District of 15.1% and in the Philadel¬ phia Reserve District of 16.9%. In the Cleveland Reserve District the totals are larger by 16.2%, in the Richmond Reserve District by 19.7% and in the Atlanta Reserve District by 17.1%. In the Chicago Reserve District the totals record an expansion of 26.5%, in the St. Louis Reserve District of 23.0% and in the Minneapolis Reserve District of 35.6%. The Kansas City Reserve District has to its credit a gain ends Saturday and 4,35~4~000 25,5 • We cannot furnish them today, issue of next week. 3,514~000 + 255,051,011 ... Pennsylvania—Pittsburgh $6,824,488,474 y%Y - Y"'y'Vv'Yy Complete and exact details for the our Ohio—Canton 'Columbus $10,26q,037,734 Total all cities for week in Y; 3,731,960 Cincinnati 850,447,447 /•-,//' ' 1,743,145 + 87,3 Cleveland $9,409,580,287 Total all cities, five days All cities, one day * Y 4,682,628 Mansfield 179,900,000 . ., Y 206,751,203 Pittsburgh , 1,731,321 1,726,581 2,222,719 9.3 Fourth Federal Reserve District—Cleveland- + 25.9 — Cleveland '•/ 1,549,387 + 100.0 1,74.6,515 t2,852,017 726,319,722 1,583,495 + 15.7 + 69.7 + 15,340,824 + 597,688 597,000,000 1,522,958 2,497,719 1,587,350 1,533,771 + 16.2 1,781,483 3,062,736 3,462,655 + 25.3 San Francisco < *500,000 +147.8 606,000,000 2,021,301 York Delaware—Wilmington 382,000,000 St. Louis V:..• /, 485,897 653,547 1,531,684 569,000,000 3,022,854 313,094,943 Boston . '498,030 3,308,921 481,000,000 Ten cities, live 552,282 4.1 — " Philadelphia— City 1,354,118 Scran ton 392,169,260 Chicago Kansas $ + 42.1 644,062 3,355,666 704,000,000 Lancaster + 51.0 $3,759,406,991 $5,673,346,560 — 1943 $ 1945 7- New York 1944 + 14.6 694,406 915,073 Telegrapb 1946 Ending Sept. Inc. or Dec. % 771,722 665,940 • New Jersey—Trenton Clearings—Returns by t Chester Total (10 cities) Week 1945 District—Philadelphia- Bethlehem indicate that for the week follows: summary for the . Pennsylvania—Altoona based upon telegraphic advices from the chief week ended Saturday, Sept. 7, clearings for all cities of the United States from which it is possible to obtain weekly clearing's will be 19 4% above those for the corresponding week last year. Our preliminary ids total stands at $10,260,037,734 against $8,590,576,225 for the same weeK in ^1945. week^m iy+o. inter At this center there is a gain for the week ended Friday of 51.0%, Our comparative > Preliminary figures compiled by us, cities of the country, Y 1946 $ / 1,750,469 3,986,558 572,381,714 504,304,664 +13.5 463,728,552 445,903,412 11,734,000,926 (10 cities). Grand Total (111 cities). 9,903,049,111 + 18.5 9,367,637,116 8,465,848,663 5,310,789,859 4,448,908,584 + 19.4 4,164,780,067 4,045,310,879 ' 40,026,698 6,609,653,701 • 25,640,019 5,605,198,972 + 56.1 +17.9 35,282,559 5,367,108,732 33,093,400 4,578,993,245 Outside New York^~«... ^Estimated. Y3£ ,, [Volume 164 THE COMMERCIAL & FINANCIAL CHRONICLE Number 4523 Company and Issue— Foreign Exchange Rates the Tariff Act of 1930, the Federal Reserve Bank is Pursuant to the requirements of Section 522 of now cer¬ EXCHANGE RATES CERTIFIED BY FEDERAL '•■v ; \ • RES ERVE BANK TO TREASURY UNDER TARIFF ACT 1st AUG. 30, 1946 TO SEPT. 5, 1946, INCLUSIVE . Montreal Buying Rate lor Cable Transfers In New York Value la United States Money • Country and Monetary Unit Aug. 31 ' Argentina. V- * peso- Official Sept. 2 : •,A,< -.y ,. Sept. 3 Free. \..;v v .022831 Official Saturday •. yy i;': .097733* /■:) .251247* Labor .022831 .022824 Colombia, peso Czechoslovakia, koruna Denmark, krone England, pound sterling France (Metropolitan) franc 1.000000 1.000000 .969531 .968984 India (British), Italy, lira Mexico, .570066* 4.033515 * 869 1 Closed Labor Saturday .008408 rupee ** : yVy •. •;> .301936 Student-Faculty Union Building S:'v'.': yy-;//' .377892 Netherlands, guilder ■' ■: •? ' . 1.000000 Official .967083 Free. t';v,;A.V.'' V -J ' /'/ ;\/y .377892 Zealand, pound Norway, krone Portugal, escudo Spain, peseta. Bweden, krona Switzerland, franc Union of South Africa, pound Uruguay, peso— ^ >' closed Labor 1. .205810 .377892 1.000000 .967083 .966458 3.227000 3.227000 .201612 .201612 .201612 .040501 .040501 .040501 ,.091323 .091323 yy .040501 y yy yy ••; : .091323 ■'■.yy .278208 yy'.278180 Closed 4.005000 Saturday .658300* — Day Butte Delaware-New 62716* ■ .658300* .562716* ■Ji .562716* V)S<-r Page 15 1077 Oct 549' Mar * 1, '47 1077 1199 * 678 4 & Power Co.. 1st mtge. 5s due 1951__Any time 1st mtge. 6% loan ctfs Oct 1 Ferry Co., preferred stock Sep 30 City Ice & Fuel Co., 1st mtge. 4s, due 1948 Sep 30 10-year Duluth, 1st 52142 • Jersey serial notes, Investment Co., Dierks 'UT> **Temporarlly omitted. Electric Detroit 4.005000 .658300* : Oct & Detroit, Toledo & Ironton ,658300* .562716* Noncontrolled 1255 Chesebrough Building Co., : iSxs® Controlled Power .233628 4.005000 Labor Cities .278209 .233628 .233628 4.005000 460 1 Date .091323 .278202 .233628 '■ 1254 Light Corp,— Convertible class A stock, optional dividend series Oct Austin, Nichols & Co., Inc., prior "A" stock Nov Bancroft (Joseph) & Sons Co., 7% preferred stock Nov Bessemer Limestone & Cement Co., 6% preferred stock.Oct Blumenthal (Sidney) & Co., Inc., 7% preferred stock Oct 1.000000 .965000 Day i - Sf-:; 3.227000 Saturday v, .201611 1 16 CALLED Laboratories, 4% preferred stock Albany Perforated Wrapping Paper Co.— 1st mtge. and col. trust 20-yr. 6% bonds due 1948 Algoma Eastern Ry., 1st mortgage 5s ' .377892 1.000000 3.227000 New •Nominal rate. .205810 ISSUES Abbott American Newfoundland, dollar— • l Oct ENTIRE " 'fl' * '' 1943 ——... Company and Issue— ** - -y205876 • bonds, revenue 1st lien & ref. mortgage bonds, series B, due 1995_Sep Windsor Gas Co., Ltd., 1st & ref. 5% bds., due 1966—Nov ' ,205945 peso bonds due 3% .301936 wyvyy.. \y'y mtge. series B 3Va% Virginian Ry.— .008409 Day .301936 - Depot Co.— 4.033515 .008408 - ; 1 .208767 4.033515 .208767 .008408 _Oct 1 ref. 314% .020060 .208765 • .020060 4.033437 1211 1971.—.Oct Union United .570066* .020060 .208765 .301936 '• .570066* .020060 • 1211 1 1 1 .054053 /• .054053 ... i* 1 Oct A__Nov 1975_Oct series 1 & dated .570066* 5 Vis, Merchants & Manufacturers, Inc., 5% pfd, stock.Oct University of Illinois— .022812 .054053 Day 1.000000 \ mtge. 1 Nov Paul 1st Canada, dollar.969453 1st mortgage 27/8% Saint .251247* 3.214113 1 1 Oct 3.214113 .967500 >■: :'.Vy ■ y: [^V-ytyy-h ■ Co., 955 Pittsburgh, Cincinnati, .297733* .251247* 3.214113 1.000000 .054053 : ■\yf; Closed Power — v>■;y. L1, -.251247* 1 Connecting RR.— bonds, series B, due 1975__ Chicago & St. Louis RR.— V Gen. mortgage 3%% bonds, series E, due 1975. Queen's Hotel Ltd., 1st mortgage 5s Sept. 5 ' .297733* 3.214113 Australia, pound. Belgium, franc Brazil, cruzeiro— Sept, 4 ,yI-.'' * •< .297733* 2%% bonds, due 1st mortgage 27/8s, due 1975 Co., Island New York 1st Aug. 30 Oct _ mortgage and collat. trust Montana Power Noon ■„ 1 Lorillard 1930 OF Pag* __Nov Lincoln-Boyle Ice Co., 1st mtge. 6s, series A_, ..Oct (P.) Co., 3% debentures due 1963— Oct Louisiana Power & Light Co., 1st mtge. 33, due 1974__—Oct Maine Public Service Co.— - ■ . Date International Rys. of Central America— 1st mortgage 5% bonds— Lehigh Coal & Navigation Co.— ' 3Vi% mortgage bonds, series A tifying daily to the Secretary of the Treasury the buying rate for cable transfers in the different countries of the world. We give below a record for the week just passed: < FOREIGN 1363 681 * RR.— due 1947-1951 1st mtge. 6s Oct •v'l' 1207 Dec 1 554 Nov 1 Missabe & Iron mortgage Range Ry.— due 1962.. 3Vis, ... East Statement of Condition of the 12 Federal Reserve Banks Combined thousands (In of ' dollars! Inc. (+) or Dec. Sept. 4^ -' Aug. 28, (—V Since Sept. 5, 1945 V, 1940 1940 Assets- Gold certificates 17,329,928 Redemption fund for F. R. -766,328 notes Total Other 18,096,256 gold ctf. reserves- 283,949 291,305 cash Discounts and advances— Industrial loans 1,138 10,316 Acceptances purchased U. S. securities: Govt, ; ,v 3,831 — 92,113 + 2,537 + 84,350 1,294 + + + 63 — 4,183 — A summary 10,316 14,724,717 Bills 7,311,409 Certificates + 248,755 —468,228 + < — 755,290 Bonds - millions (In —219,473 of Total loans and securities— 23,689,775 —148,622 foreign banks ¥. R. notes of other banks— Uncollected Items 83 from — Total 115,803 2,087,792 — 32,772 48,591- — assets + 874,990 — ,+ 11,606 Loans 1,105 — to brokers and U S. Government and +1,532,946 _ 24,456,561 +104,526 -::+ •r 517,510 acct. 15,088,509 U. 8. Treasurer—gen. acct.. Foreign Other + 80 dealers for + '807 + 24 — : obligations. _ +v — obligations 564 1,252 _ — .''V—r 444 — Other loans 607,839 — 579,760 — 527,279 + 186,045 Treasury certificates of Indebtedness Treasury notes _ deposits Deferred availability items Other llabs., incl. accrd. divs 17,469,094 liabilities- 43,704,533 —232,238 1,766,796 — 12,082 — . > 455,585 + 4,266 ■ 308 456,898 '■,+ 2,243 + ; 1,432,236 bonds •; 256 v' 104 obligations) — 27,089 Other securities 3,442 Reserve with Federal Reserve Banks mortgage 20-year 6% 508 + 705: Other capital accounts 80,425 Total liabilities & cap. accts.. Ratio of aerves gold certificate to deposit and F. liabilities note Commitments trial to 28 130,202 263 + 1,348 44,355,021 — —130,868 42,191 Demand deposits adjusted. 39,303 Time deposits 10,220 U. 8. Government deposits. Interbank deposits: 6,616 + 9,242 Foreign banks 1,532,946 R. 43.2 & 0.2% indus¬ 88* ■■ XT";i y 1,313 Debits 0.6% to 183 demand Interbank and + 1,825 108 75 77 + 31 + 122 — + + 133 :: +1,163 '—106 '• •Announcement Vol. 8. Gov't +1.256 — due this ; V, issue, ended Aug. 28: Decreases of $108,000,000 in holdings of United United States States Government obligations, $106,000,000 in Government deposits, and $99,000,000 in deposits credited to domestic banks, and $133,000,000 in demand deposits adjusted. an increase of _ Holdings of Treasury bills declined $98,000,000 in New City, $38,000,000 in the Chicago District, and $104,000,000 at all reporting member banks. Holdings of Treasury certificates of indebtedness and of Treasury York notes declined $35,000,000 and $16,000,000 respectively, occurring in most of the districts partially increases in New York City. Holdings of with decreases offset United by States Government bonds increased $46,000,000 161. §In Vol. 162. Sin DIVIDENDS Then we follow with a second table in show the dividends previously announced, but we Corporation The dividends announced this week are: — Aeronca — 47 202 55c Name of Companp (J. D.) a preferred '(quar.) & Surety Co. (Hartford)— Alliance Insurance Express Co. American Metal Arkansas Class OF TENDER Co 3%% preferred Oil bonds due 1947 Page 9 952 Bohn Booth 16 Any time Borg 52824 (F. PARTIAL Class REDEMPTION 6% preferred stock , Oct Gas, Electric Light and Power Co.. of Baltimore, 1st ref. mtge. 3 % bds., ser. P, due 1969 Sep Duluth, Missabe & Iron Range Ry.— 1st mortgage 3'/2s, due 1962 Oct Home Telephone & Telegraph Co.— Page 415 Consolidated . convi 6% bds., 1967 ser. A & B, & Oct V $3 pfd. Corp. A Power Corp., 684 Burd Piston Ring 7' 9-18 10- 1 v: 9-18 10- 1 • 30c 9-14 9-18 9-30 9-16 9-30 : 9-16 9-16 9-10 9-16 9-10 9-20 10- 1 10- 1 75c 10- 1 20c 10-16 9-30 9-20 r: 9-13 9-14 10- 2 Ltd. 10-15 9-30 1C* 10- 5 9-10 Is Ltd.— — . ——-«« 10- 5 9-10 2 Vi % — 10- 5 9-10 2%% 10- 5 9-10 9-20 9-10 12Vic Corp.— (quar.) Co. 9-15 9-30 $1.12% t40c Laundries Co, 5 9- 1 $1.50 (accum.) (quar.) (quar.) participating preferred Building Products, Ltd. (quar.) Watch 9- 1 10- 50c $2.25 1209 9-10 10- t20c (quar.)_ (quar.) General 9-10 y-yy'.: .:-.y ' ... (s-a) Registered (interim) Buffalo Bolt Co. (quar.) Buffalo 9-16 1 2 ViC Preference 1207 9-30 10- 8IV4C preferred Tobacco, Ordinary (interim) Registered (interim) Bulova due 1949-Oct (quar.) common Brass class Columbia A 4Vi% Co., W.) Corp., 9-16 2 Vic British-American Date 1st mortgage 3 Vis, series A, due Hygrade Food Products Corp.— E.) (George Brandon British Company and IssueBangor Hydro-Electric Co.. Loan, Lid.— (interim) Aluminum : 100% * Co., 9-20 9-20 1 9-30 25c $1.37V2 (quar.)— Top Brewing, B 10-15 10- 20c i — Class 9-16 10c - (quar.) Bobbs-Merrill 1 25c —— Bastian-Blessing, $5.50 pfd. (quar.) Bayuk Cigars (stock dividend) Bishop 10- 15c (quar.) (quar.)„ "B" Industrial 10-31 $1.50 __ Co. Fund 7 2 25c (quar.) Inc.- Axe-Houghton 7 9- 1 12- $ 15c _ Insurance 9- 10- 5c — Fund, Blue Date Co. 10-1 20c Axe-Houghton Beneficial 10-15 11- 30c .(quar.) (quar.) Press Automobile 9-14 1 13%0 J45c Products Fuel Oil, 6% preferred (J. H.) Hardware Ltd.— A Extra 1st mtge. 7% bond3, due 1941—Sep Lehigh & New England RR.— 1st mortgage 3% bonds, series B, due 1975 _i_.;Sep St. Joseph & Grand Island Ry.— of Ree 62Vac American Ashdown Company and Issue— (quar.) 9-30 Corp.— Life Insurance (quar.) Agnew-Surpass Shoe Stores (quar.) Amalgamated Sugar Co. (quar.) Caribbean Sugar Co., Boldere Payable 20c Aetna bonds, notes, When Share \ convertible Casualty Quarterly list of corporate ;y /• Manufacturing Aircraft Aetna 13,753 , Per ■ 236 preferred 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." 1st & ref. mtge. Vol. Investment News Department" in the week when Atlas Below will be found 1st mortgage 4% tin 1128 52901 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 + +17 Notices NOTICES Commercial, industrial, and agricultural loans in¬ nearly all districts, the principal increases be¬ ing $26,000,000 in New York City, $15,000,000 in the San Francisco District, and $14,000,000 in the Chicago Dis¬ trict; the total increase at all reporting member banks was $80,000,000. creased in Oct, grouped in two separate tables. In the bring together all the dividends announced the we which Adams Redemption Calls and Sinking Fund weekly reporting member ( are American The condition statement of ,fl 1948 . ,;ee- Dividends 413 revised. banks of the Federal Reserve System in 101 leading ci¬ ties shows the following principal changes for the week 52769 .—Sep 30 VI — 99 accounts, 1,127 Condition Statement of Member Banks 1 Oct 1974—— bonds, in 163. —5,167 1 deposit accounts except U. during week ■' 960 -ry.'J'O 52015 . Borrowings. 5,971 figure 12,436 + ■ re- loans ♦Aug. + v due Co.— notes > declared. Domestic banks combined make 70 184,280 1250 1 Co.— bonds, debenture first Liabilities— 358,355 27,428 52447 1 current week. 27 — 1 t2490 and Capital Accounts— Capital paid in Surplus (Section 7) Surplus (Section 13b) gold —1.434 36 + 2,107 1249 I 95 - + — 617 Balances with domestic banks 3Va% —4,594 ".+ 10,087 _. 595 1125 series A, due 2022 July 1, '47 United States Plywood Corp.— • :. ' 4% % preferred stock, series A & B Oct 1 Walworth Co., 20-year 1st mtge. 4% bonds due 1955—Oct 1 gold 309 + — 47 + 1 15 _ ref. 16 ,, Oct Sep Mills, Inc., 6% pfd. stock.Sep 19 Real 35 8,762 4,854 _ 955 52822 50 + (Including guaranteed Cash in vault —132,286 + -i;" 6 758 1 1947 Texas Power & Light Co.— 636 + ■ 2 1,976 Treasury bills due —-:34T.. + 172 11,364 —- . 2,514 — 17 23 — 1,367 1 —327,314 3,260 22 Oct Any time ; series B, Standard Gas & Electric ; -\'r y.y; —, — & 1st 2,237 , 808,183 22,857 + : 31 Inc.— bonds, Southwestern Public Service . pur¬ .. 121,193 U. S. Total Total + 292,986 —. stock Utilities, 6% Spring Brook Water Supply Co. — 1st refunding mcrtgage 5s, due 1965 —2,563 i 1 .Oct . v-.y $ 47 57 ' —Nov .' Regis 6% — Loans to banks preferred York ref. 1952— • mtge. 27/8% bonds, series E, due 1960 Oct Paper Co.,-5% second preferred stock —Oct Estate Co., Inc., income debs, due 1951 Oct Scranton-Spring Brook Water Service Co.— ' - ; agricultural Real estate loans - Member bank—reserve __ + 15,078 Other securities Reserve notes.. M 1st Other loans for purchasing or carrying: Liabilities- Deposits: & Rochester Telephone Corp.— • U. S. Government Federal X.X$;:T y due (B. C.) Co., Ltd., 1st mtge. 6s, due 1947 Phillips Hotel Operating Co., 1st leasehold bonds 1945 8,496 industrial, lien 683 S1513 Ltd.— Peat Aug. 29, $ 59,983 chasing or carrying: 13,648 -130,868 1946 — _ Other securities 44,355,021 — Aug. 21, ' - loans 401,204 + 31 — Commercial, 19,920 5,525 — - Loans and Investments—total + 53.T94 — " . Loans—total 27 : Bank premises Other assets 0 >• Aug. 28, -s New 1st dollars) 1,191,850 Assets— Corp., Northern Increase (+) or Decrease (—) Since 951,756 Corp., 15-year notes, (M.) & Sons, Inc.— Mills preferred stock Masonite St. 742,848 +. Acceptance convertible Orr \ 1946 23,387,016 4% Schulte 222,102 Total U. S. Govt, securities Due , Lowenstein of the assets and liabilities of reporting +1,622,860 595,600 Notes , Industrial Riverside & Dan River Cotton member banks follows: 827 Britain & Canada Investment Corp.— 30-year convertible" debentures, due 1959__.__Oct 1' Great Lakes Paper Co., Ltd., 1st mtge. 5s, due 1956 Oct 1 Great Northern Ry.— 4 Vi % gen. mtge. gold bonds, series E, due 1977 July 1,'47 ^ • 1207 53417 4%% reporting member banks. 1,868 +: . Great Borrowings declined $19,000,000 in New York City $16,000,000 in the Chicago District, and $47,000,000 at all 85,214 74,971 ' y. 75,149 + Kootenay Power Co., Ltd.— 1st mortgage 7s, series A and series B, due 1952 Oct 1 Family Finance Corp., $1.50 pfd. stock, ser. A and B._Oct 1 Franklin Simon & Co., Inc., 7% preferred stock Sep 12 General Phoenix Corp., 4% conv. subordinated debs Sep 16 $47,000,000 at all reporting Demand deposits adjusted increased $83,000,000 in the Chicago District, $25,000,000 in the Kansas City District, $22,000,000 in the San Francisco District, and $133,000,000 at all reporting member banks. Time deposits were unchanged. Deposits credited to domestic banks de¬ clined $31,000,000 each in New York City and the Chi¬ cago District, $24,000,000 in the San Francisco District, and $99,000,000 at all reporting member banks, 176,463 16,984 — — in the Chicago. District and member banks. *•, (quar.) (accum.) — . —.— , 25c 10- 1 9-16 J25c 10- 1 9-12 50c 10- 1 9-17 9-20 9-10 12 ViC FINANCIAL CHRONICLE THE COMMERCIAL & 1364 When Payable Manufacturing Co.— common. • (initial quar,) (F.) Campbell (A. S.) /•" l 9-10 t50c 9-30 9-16 $43 %C 9-30 7%, preferred (quar.)_— L_**r* .Celanese, Ltd., common____—. $1.75 preferred ,(quar.)_ ____________ Canadian General Electric (quar.) $2.50 9-11 75c 9-18 ,62 Vac 9-16 $1.18% America, com. (increased) preferred iquar.i— —— 7% 2nd preferred (quar.) Centennial Flouring Mills (increased quar.) Central Hanover Bank & Trust .Co. ,(quar.)_ 1st $4.75 107 1 9-16 1 9-16 Illinois--Electric Central Common & Gas— ; > $1.75 32VaC 4.10% Central 10- 1 9-20 $1.02V2 10- 1 9-20 $1.02V2 10- Commonwealth $3 Consolidated 5% Coke & Securities— Corp., Grocers preferred - (Boston) Irregular Gas Consumers (quar.) Records, Electric Denver Dry Oilcloth Dominion 1 11-15 750 •7 9-30 9-18 60C 9-30 Donnacona 5c ■ Manufacturing share of • Eaton Howard & Ecuadorian (quar.) Co. 10-31 10-1 " 10- 1 New York Trust Noblitt-Sparks (initial) 9-16 10c 9-25 7-9-16 10c 9-30 9-10 20c , 9-16 9-6 9-13 9-20 $1.37 Va 10- $2.50 3 t Ohio Brass 10-.1 10-1 9-14 Filene's '■ of Co. .Extra: 10- 1 9-7 10- 1 9-7 Florsheim (Shoe Foster . $4.25 ,77: $4.50 25c 9- 1 25C 9-26 9-16 9-25 9-13 50C 10-25 10-17 $2 "7 7 $3 10-; 1 9-14 Pacific 10-1 9-14 Pacific ic 9-15 8-31 40c A_rr— 10-, 1 New Fox De ?5c Luxe — d-15 9- 9-16 9-6 " Brewing (quar.)"——___*'■ Co. 9-16 2VaC $1.25 7 "Kentucky Natural Gas (quar.) — Fraser Companies, Ltd,, (quar.).-, —— General American Investors— v;, ' / Frankfort 5 9- 6 9-16 9- 2 $25c General General 67o preferred (quar.)———_—*-__. Candy .Corp..', (quar.)w——r—— Controls Co., common (quar.) —— p Golden American 5% Co. Insurance (Edw.) . .. (quar,) Ball & Bearing Chute Air Public 9-17 10- 1 9-16 9- 3 Le Roi % A.) Class 9-24 Reymer , 10- 5 5% A % preferred Adams 5%. Aetna : — Products Metal (irreg.I quar.) .> Robinson Cotton 9-27 Rome 9-11 Ross 10-1 9-29 Scott 9- Scudder, Gear & & v :K' Stevens 7; ' 75C 40c 1 9-15 10-1 9-16 1 9-17 10- 10- $1.03 Vs Shakespeare $1 45c 30c 9-5 10-1 9-17 9-30 9-16 South 9-20 10- 1 1 9-16 preferred Oil Penn 5% Standard Engineering, & 9-16 Southwestern 9-14 Square 9-30 9-14 10- 1 1 9-14 9-14 56V4c 60c, 1 1 A- American 'A$2 77 $50c 10- 9-20 $62 %c 10- 9-20 5% Co., '>V f:?< 10- American 7% 10- 9-14 $1.12% 10- preferred $4.50 1 9-21 Union 9-15 9-1 U. S. Twist Freight Drill Co. 9-12 1 9-20 American Fork 9- 6 American Gas 9- 4 p "7" $%c 1 9-10 10-1. 9-16*» 8-22 •9-18 9-12 9-12 $1 9-25 9-10 8-30 9-30 9-20 10- 9-30 .9- 5* 10" 1 5*. 9-25 9-16 , 9- 5 9-16 t 9- 5 9-14- *■« 8-31 5-14 . - 1 10-10 10- 1 9-11 25c ' 9-16 9-30 7 9-20 37 %c 10-16 34%c 10-15 33c — 9-16 9- 20c 9-30 9-16 — - -9* 3 9-30 9-14 10-71 ■9-10 75c 75c i 9-14 8-30 1 9-14 8-31 9- 4 9-20 '9-13 9-30 9-24 30c 9-14 8-31 $1.50- 9-11 8-16 ' P 7/ common Jquar.) (quar.)_ pp 6% cum. 1 9- 1 9-20 $1.50' 10- 1 9-20 10- I f 9-20 10- 1 -9-11 9-14 .3-30 — —— $1.5.0 25c (quar.) __________ (monthly) ______ - 75c pP / \ " 20c M '■ (f 10- - 1 8-29 $1.50 P (quar.) 7 (interim)—— 9-14*' 10-15 10- 1 • 10- ■P: 25c 10- 1 1 '7 8r30 » 8-30 ; " VP 10c ,___7 Extra 7 6 American Laundry Machine Ry. Locomotive Co., 1 9-20 9-30 9-20 10- 7% preferred (quar.) & Foundry, Machine American 7 9- ; 3.90% preferred .< ',.'/ Co. (quar.) - 35c 8-31* 9-5* 9- 5* 20c 9-10 8-28 10-15 9-38 9-39 9-10 • . 25c ' 50c' —_— P" (bi-monthly) 1 10-'1 $1:75 ; 1' .9-10 10- r 97 %c :*■" common—__ (quar.)—. Co. 710- 50c Co._______.2 common/———* 9-14 9-14 25C 12-16 $1.75 8-22 • 9-4 - 12- 6 9-25 9-10 American 40c 9-27 9-12 American $1.75 9-16 9- 50c 9-13 8-26 50c 9-13 8-26 10- 9-14 9- 5 9-13 7% preferred (quar.) —— Optical Co. (quar.) 7— Paper Goods, %% pfd; (quar.)—a American Piano, Class A (irreg-.)— 7 $15c 10- 1 $ 15 c 10- 1 9-13 35c 12- 1 11-20 American American Radiator & Standard — 1 11-20 13%c 12-20 12-10 50c 9-27 9-20 25c —:— * 10-15 $1.50 9-13 $1.06 V* — . .t), >.■ 9-12 : 75C 25c —- i ; . (s-a)—— Co. 4 ' 6% non-cum. preferred preferred.—^-! Insurance 8-20 10- 10- Ice, American 9r.l6 50C 12%C v (quar. convertible preferred American Home Products 6% 8-16 8-31 p $1.18% / Hawaiian" Steamship ■Co.AAirAA7 ■P Hide & Leather—' 1 / /P 7 '•■/ f American , 9*11 , 25c _____________—_ Corp. 2nd 9- 3 9-14 $1.75 / (quar. $6 ; ' pp 7 quar.)_ American Hardware 1st 10-15 30C — (quar,) > $1.25 1 $$3.75 (quar.)_ — , 10-1 P. $1.2 5 common preferred preferred 6% American A..: (quar.) i 9- 4 • ■ Electric—• ••— -- preferred American 11- & Hoe, & (increased Common 9-14 4c (quar.)_—_— 7 ; ,f;: ; . 1 American Hair & Felt Co., American ——— Co. 8-20 .9-10 20c 8% preferred B 5% % preferred ;\ 10-1 p /: 9-10 f // Ltd. " (accum.)-' (accum.) .$6 preferred $7 preferred 9-28 10- • American & Foreign Power Co..— 4%% '7 (quar.) common -7 8-16, $1.12% x ' (quar.)_________ (quar.)___! B American 'Factors .9-14 25c common preferred • 9-13* 10- : : Securities— European News Works, (quar.) 9-25 9-20 1 9-30 10-1 '7,;Vi''wT/P77.p American A i 9-1C : Common ■ (quar.)»'•■ 5 % > preferred_k__—4 Export Lines, Inc.— New common (initial) • 1 11- -■ ,(N. J.)^ :;//pP ,p American :V 20c preferred' (quar.) American District Telegraph 5 Iron 10-21 10! / 25c 9-16 — * 6 $2%0 (quar.)__ common 10c (Canada) p 5 9- V-14 1 50c Co.________—_____1 Colcrtype Cyanamid Meter Fixture, . 25c Machine & Metals (quar.—, Class i ;;j 9-10 9- 9-16 68 %c — American Tyler T .9-20 $1.50 : 2 b-. American 9-21 10- convertible class 9-16 9-10 10- 1 10- $3 American 9-13 9-15 10- 10- - 9 9-16 9 9-10 • 9-16 25c $25C 7 lie p':':. Cash or l/16th share of Class<B stock 9- $1.25 , 9-30 Toronto 9- p 9-20* ; 9-23 9-17 1 9-20* 9-13 (quar.) ——• (increased)'— 7-7—— Thomas 8-30 ' 9-13 9-10 10- 9-16 $$1,75 Temple Coal Co., $6 conv, preferred 9-11 7 10- 10- Co., Ltd.— (quar.) 8-30 1 9-30 10- 8-30 P 9-12* 10-1 4Va% .10- f 9-20 9 10-/1 10- 1 9-16 10- 35c 8-30 1":' P;75c" 20c Co., preferred 9- 10-1 . 9-16 10- preference Assurance 3 8-31 9-30 40c pv 9-16 10- (quar.i—_-—————- Steel 9- p 9-15 p > 10- 9-16 Products Life 3 37V Manufacturing; common;/- * p20c * 9-14 (quar.) /._ ! /15c 75c 10- I P Leather Cos. 6% .pfd. ^(quar.) 9-26 :; 15oc 7 Agricultural Chemical7(q.uai,.)__l_" pp $i " P 9-26 ;P ph/ 20c: 10-15 Asphalt Roof "Corp; (quar.j _r_ (increased)— : 9- 9- $1.75 American Can Co., 7% preferred (quar.J___; American Car & Foundry, common— 7/pP.$3p 7 % preferred :(quar.)-____^____2._k_ $1.75 / American Casualty ,C,o., (Reading, , Pa.)— p; 15c! A Quarterly V 35C " American Chain & Cable, common ' 5% $1.25 preferred (quar.) 7 .American Chicle'-Oo/ (qukr.) :m tt: ;; <quar.)r„— Co. 8-26 9-147'. 10-1 ■ S.J p /:> 8-23 9-17 50c; $1.50 10- ,9-28 Company—.-—— Fruit & Steamship Corp.— ' (L. 8-26 9-16 P. 9-16 25c American Cigarette & Cigar,' .common_7.'___^:; :;;7 ' 6% preferred (quar. :77.._r2" : American Cities Power & Light Corp.*-*: ''p. $2.75 Class A (opt. 'div. series) of 1936. 10c (s-a)_. : 9- 7 10-1. '115C 8-30 1 779-7:5 $50c —— 8-30 9-19 9-14 10c 9-15 9-15 9-14 10c (quar.) 9-15 10- 7 9-20 45c 50c 9-14 7 50c > Sterling 1 9-20 9-20 75c Service 8-20 ' ,, Edison 7 P 15c $1.25 P common_II^!.71'-_ ' America, 87 VaC Sterling 9- 10- 9-13 $150 (quar.) Engineering Co. Jquar.) — Aluminum Products——— Steel 9-16 9-14 6 : M A; common Drug,.: 3V2% preferred (quar.) — Stratford Pen (initial).———————- 9-16 9-27 1 «-13 ; 9-13 1 10-1 Inc. (quar.) —— Clark —777-77—-—— participating $3 Starrett 2c 10- 10- * 10- 9-20 "D" Standard f:ff $3 M2%c (quart),if jl5c com. American Bank Note Co., com.; 6% preferred (quar. : 9-16 ? 79-16 - 9-16 10- 100% 9-10 9-13 Electric of 6% / preferred, Aluminum Goods American 9-10 1 (interim) preferred (quar.)__— preferred C - (quar.) 1 ;p 9-30 Vicksburg Ryl Co. (s-a) , American 79-14 10-10 ,7:7:^; original 9-30 10- (quar.) Bearing, Roller convertiblej)rcferred (quar.) . 7% 20c i; preferred (quar.)_!__ 1 1 30c Southern California 10- 25C $1.25 10- 50c (quar.) ' 25c ":k ————7——7— Company 9-12 ;■ Amalgamated 9 9-30 & 1 10- $1.50 $1.25 10* 10-15 $15c -7: Brewing & Malting (quar.);— Sherwin Williams Co, of Canada— :: 7 ? 5 Va % 50c V9- 6 9-10 9-I6 '' 12 Vac Seattle Common 7. $75c 9-20 £ 79-20 -50c $$1.75 Ltd.—• : ■' 1 12% preferred (accum.)— —-77.———— Security Company (Los Angeles) (special); Sick's 10-1 Aluminum Industries 9-20 10-1 9- 65c . ■" & :'■! Aluminum Co. 9-20 0-20 .'7 'V 10- 1 ii ■f\ 30c f Second Standard Royalties, $1.18% 40 pfd.; (quar.$1.05 77 :" , $3 Alden's, Inc., common (quar.) " \.:.3Qe? 4%% preferred (quar. Allegheny Ludlum Steel______—.—1 ,£-40c Alexander & Baldwin, Ltd. (quar.)____*di.ii$:'V-»7r f 50c Allied Chemical -& Dye (quar.)$1.50 Allied Laboratories p-. 15c Allied Stores Cdrp., 4% preferred (quar.)__ • $1 2 VaC Allen Electric & Equipment ;l (quar.) _______ Allis-Chalmers Mfg. Co. (quaf.)__—— PP 40c " ",7-P 25c ■ Alpha Portland. Cement 9-16 - 'V 9- -6 15 $$1.25 'r (quar.)(increased)— Co. Corp. Ball Alabama 7, 9-14 7; of R*e :: 9-30 Alabama Power Co.,?4.20% • - 9-16 1 Holdert 9-30 i 9- 9-18 > 10-1 — .: Ltd. Tool—— Williams, Wnen Payable 50c 10- 5 9-14 9-30 50c .—7—7——-—-————7' (quar.) _7 — Mills, f: 8ha**; > (increased quar.) P- 9- 9 p U'LkJL 10-1 62%C : 1st 9-20 9 include divi-! in the 10- 7;A;:7_ 9- 28 10- $1.75 Corp.,- common (quar.) preferred series A (quar.) — Cable Coiqj. (increased) 4%% 1 9-13. 8-31 given 3 p 9-30 9-23 Manufacturing Co., Ltd.— L.) (quar.) preferred $2.50 Ltd.— Mills, (P. Common 9-26 37 V2C A 9-15 > 9-20 , 9-30 11V.C V (quar.)— Robertson 10- 35c $1. 50 45c (qrar.)___ (stock dividend) & Sons, Ltd. (quar.)—— .$1 Rochester Telephone 7 V!:;' ' ;——M Agricultural Ins. Co. nf Watertown, *N. V.)— 5% 7 -i 9- 6-30 ^25C — 9-20 10-15 9-80 t (J. S;:Aerovox 8-31 10- $1.50 — 10-1 5c ' D.) Mfg. Co. (quar.) Aeolian (The) Co., $3 Class A jpfd. (accum.) 97 10- . $1.12% $2 praticipating class A preferred (quar.)_ RobertSrGordon Appliance :7_—^777——_7r Sun — quar.)- Brothers & Riverside Silk 9-27 jMS ... $2 ——i——- preferred (initial Telephone Co. (qr.ar.) Ltd.— (initial A 50c Inc. common Textiles, 9-20 8-31 .$1.12 Va preferential Steel Acme 7 ;"7: 9-20 9-16 3 ' , ' (final) —i,—„—i$l. Refineries, ,« u f $25c partic. (quar.)— preferred Class 9-16 1 10- 'Af 37 %C < 9-11 10-15 9- . 10-10 P9-14|P;^t31P2? iL.-.: i5c. 1 20c 9-13 Acadia -Atlantic Sugar 9- 9-14 7 — — 10-1 43 %C ,7 ' convertible Lexington (quar.) Colorado— of 10-1 ' — (quar.)—.— 5% pfd. (quar.) — Co. Rieke 'VPpP:,P''/' (s-a)-—— Company, 4% $ 9-14 9-24 $1.12% (quar.)_'_—^-7—7_—7—7 Ltd., 7% preferred— 9-20 $1.25 , Company Lang (J. 4,i $35c j: 10-29 Co., 9-13 $1.25 /• 7 ; • 1 50c Special Bryant, 5% ' (quar.)— Custodian Fund— S-l (s-a)— •Special Lambert 7% Renfraw 9-23 10- shares held Per Aetna :> ■//' . 10- $3 i Name of Company 8-30 9-24 17—_, 10-15 15C . give the dividends announced in previous we Abbott Laboratories com. 9-16 10- 52c (quar.) Rhinelander Paper Cc. (quar.) 50c Series Lane :7: ,$25c P 10- 2 common— 75C : : pre¬ V. 9-13 10-1 ^.14'^ Inc.——— Paper Service 1 10- Keystone B-4 - :$1/25..'P (quar.) _7— preferred 30c _______ Co.;._ Co. Eelectric Power, Series vf 9-30 £ -V7 50c preferred (monthly) _— —— 58 VaC preferred (monthly) 7-—,41%C • preferred;: (monthly) _--T77---7—— 6% 10-15 40c ; Manufacturing. Co. Kansas 9-14 4Va% of 9-10 20c . share One 9-13 10-15„ $1.75 Grocery.__„_ dividend. weeks and riot yet paid. The list does not announced this week/these being 3 1 10- P 7": Products 9-17 — Co.— Electric Prentiss-Wabers 9-30 : preferred (s-a)— ______—___— Company, Common 5% preferred (quar.) ——— r Interstate Telephone, $6 preferred (quar.)* investment Co. of America (quar.)J ___ Justrite »v 7- (quar)-7 preferred Pratt -& Lambert? 9-16 1 4% Irving 5% 9-16 1 Interstate Jefferson &■ Lovett j Below 6 9- 9-23 . Co., 1 25c (quar.) common for. every ,20 Wisconsin-Michigan Power-— 4% % • preferred (quar.) 1 9- i| . K.) (H. 87 Vac ——— Jquar.) Inter-Ocean Securities Corp.— Shoe 9-13 7, _____________ ferred A- stock 8-31 1 7% 10- Steamship International 10-15 Stock 7 77: (quar.)— 10- . (increased) — Hotel Gibson, 6% nom-cum. pfd. (quar.) — Huttig Sash & Door Co. (increased) — Illinois Commercial Telephone Co. (Wis.)— $4.75 preferred (quar.) —— Imperial Paper & Color Corp __________ Independent Pneumatic Tool—————— Indiana & Michigan Electric Co.-— 4Va % preferred (quar.) _J—li-w——_—. Indianapolis Power & Light— PPP.P/" 4% preferred .(quar.)-——— —Inter-City Baking, Ltd. (quar.)—_________ Inter lake 9-13 35c 8-31 9-16 ,50o w 1 : 11- Manufacturing Co. Hoskins MO-15 Winn Inc.~ Gas 25C Payable in Southern Min¬ stock Corp. eral Hoover 9-16 10c. ' 4 Coal Provincial (irreg.) A (accum.) Lumber—. Stock dividend. 37 VaC preceding table, 8- 10- f*1; ,'87VaC (quar.) r i5c Co.—77--—7,-777 $1.50 (quar.) Progress Laundry (N. Y.) (quar.) ________ Corp., common (quar.) — . 7._ 9-20 m ioc Pittsburgh, Fort Wayne & Chicago Ry.— ; -.7; Common (quar.) —7_———_—————— 9-30 32 VaC preferred 7% Aircraft, PittsfieW $1.06 »4 preferred (quar.)——p*-**. preferred (quar.) —— Consolidated Publications, Inc.— / Hines 9-14 ,10-15 Grocers, Ltd., old A (initial quar.) " PhiladelphiaVDairy Products Co., Inc.— :> $4.50 1st preferred (quar.)—: 7$4 non-cum. 2nd preferred (quar.)—77-V 9-30 2nd 5% 9-20 $1.50 9-6 m,5o/p Company; ..>777-— 1 Guaranty Trust Co. Hearst 10-10 9-20 (accum.). • ts-a) 9-16 8-15 Service I'¬ .—. Griesedieck Western Brewery Harnischfeger Public 11- "V i—— (quar.): Gray Drug Stores iff 1 10- Telephone & Telegraph, com. ll- (A. C.) Co., $3.50 pfd. (quar.)——' Corporation ———__________ State Co.i Ltd. (quar.)—,__*_—— - Great (quar.) preferred 9-6 ,.:10c A 9-16 dends 10-1 $1.06% series American Investors, 77 $1 preferred (quar.)—-—________— preferred (quar.) ;—— Time Instruments, common (quar;) 414% 1 9-27 10-.1 9-16 1 $31.30,. p .9-15, series— $1.50 $5.50 Girdler , — dividend $1.37 Va General Gilbert 10- Porter 10-17 50 c (extra) preferred Co., 9-16 10- I 9-20 10- 25C .37 VaC preferred $4 j ; 9-11 9-30 9-30 9-16 ii 25c ,. (quar.)—-——-i. General Public Service, $6 preferred (quar.) • 6 9-12 9-12 preferred (initial quar,)„___^.___7___ Old. 7% preferred (quar,) 9-16 : 9-19 1 10- $1.12 Va 9- 1 9-18 7v'...$1.75 7; 10- 8 preferred (quar:) 15c f 10- 1 Plough, Incorporated (quar.)——-—— , 10- 1 flff 'I 50C Plume & Atwood Manufacturing Co. (quar.)...; , $4.50 1 10-25 7 9-12 v 1 New 7 9-20 IX 77 9-13 1 :"7 9-13 10-1 i $$3.25 ; Piper 9-16 2 VaC _— 9-14 10- 9-14 10- $1.75 Philadelphia & Reading Coal & Iron—77— 25c Quarterly i:/\ 9-20 9-14M 1 -10-30 Class j - Pfaudler 6% • quar.) Brewing Co. of Michigan— Ppp? Frankenmuth common 9-16 ;9- , 40C . (initial common Co., $L5Qf preference 9-16 9-16 9-1 -10- $1.37 Va ' 1 9-28 $2 9-14 10-1 37%C. 50c •;.VA715C, Manufacturing Petroleum Exploration Western 9-10 50C dividend Pacific Co.— preferred (quar.)——•——_ Brewing Co. of Indiana— A: v 9-10 2VaC 9-20 10- 50c 1 Luxe Fox-De 9-20 10-15 ff:|$i.50A C».,l class. preferred (quar.) ; Pennsylvania Telephone, $2.10 pfd. Perfection Stove Co. (quar.). 10- 15C 8-20 , 9-30 9-30 10- 25c 7 9-30 77 20c (initial)—-:—7— Corp. Kleiser & Class class Co., Follansbee. Steel 9-20 $L06V4 (quar.)—.—— Power Orange Crush, Ltd., 70c conv. Otter Tall Power Co. (Minn.)— 8-22 •7;.;.v Fund——— Industrial Financial 2 iisci (quar.) preference- —- j-—____________ • $1. (increased quar.) (quar.l 7-7_______-^7___w Common- Beauty Supply Co., Ltd.— Participating convertible preferred V Sons——_______ Pennsylvania (quar.)——- (Wm.) Finance 9-20 fff 30c: ——. Ontario 35c , 8-31 9-17 9-30 9-10 ;J 10c : Co. I (irreg,) Holdings— "1 $5 non-cum preferred (quar.)— 20C (quar.)—— Inc. 2 10- . Service 28VaC Traction Co.---— Fund, 10- $37 Vic 7 —- Bond Trust—• Confectionery Ohio 9-14 $1 if 7l,v:;lh:eferred!'':(.quar;)';7i(;iS|7l7;'i77-5777si^ 9-13 40c 9-16 i 87VaC ^ ::;.75c..v; . .Stores_„7----~-^-,___ 8-26 $15c (quar.) .'Class -B Ohio 7 7 8-31 " — Industries Scotia Light & - Fidelity 1 50c —— 8% ''preferred::- (quar.) Nova — ,_**,U*r*kpMp Family Finance Corp., common (quar.) 4Va % preferred A (initial)—1; .— Federal Compress & Warehouse (quar.) ._ Federal Light & (quar.) Certificates of interest 8-30 9-25 (quar.) _____— Western: Department 9- 20C. , Norwich & Worcester 9-12 20c -:.i ;7. Ltd.__i— Co. American North ; Fund..-—— Stock Fund— (Initial) , common.. preferred Westates , 9-15 ' - 8-31 9-12 40c 5 1 37 Vic — '—7———- preferred (accum.) 6Va% 7 1 ; Baking,, 5 Va % 7. 6 %. convertible , — (quar,) preferred 11- Ward Wentworth 10- ..,30c 7.;.. -England^ Public Service— $6 prior lien preferred (accum.) $7 prior lien preferred, (accum.) New Jersey Power & Light, 4% pfd. (quar.)_v New Method Laundry Co., Ltd.—'' 7 '■ 6 $ioc 9- -' 9-16 yfl9-20.*ff: 7__~77-7w-77---- prior pfd. conv,.; Iron & V/JR The Goodwill Station 9- 5 * f Western 10- t New 10-: 1 $50c Egry Register Co., 5 % % preferred (quar.) — European & North American Railway (s-a)_ Fairmont Creamery Co.— p:V'P''\"pP;Vp': Common (increased quar.)—-——-r*— pp 4% 9- 9-16 10-31 (quar.)- (Thomas A.), Inc., class B Edison 9-14 $30c Balanced Corp., 7 9-14 he]d^_--_--u---^.t_i- common Howard & 1 9-30 10- "" 8-28 9-12 15c - 9-10 37 V2C Racing Eaton : 9-20 9-20 $1.12% (increased s-a)- Ltd. Paper Co., 10-10 25C Association, Inc.— " • • ; / Six shares of $1 preferred stock for each Eastern 15C 9-14 5 ^ 9-13 National 9-16 7 1 20c (quar.) . preference (quar.) Hosiery Mills— Class A (initial quar.) ——— National Stamping Co.— 6% convertible preferred (s-a)—--—7 Neiman-Marcus, 4%% pfd. (initial quar.)_i 9-16 10- ;7 • 1,0-10.: 1 ' 9-14 $1.25 $1.50 9-10 —*___— Qhio ■- Enameling & Stamping National.Grocers Co., Ltd., common 9-14 $50C Vulcan-Mold 9-14 If #759%C' —~ >-+-?—. National 10-10 •;7 -Duff-Norton ■i; 9-16 (quar.)—, Linoleum & • " preferred 6% Inc., Donahoe's, 10- (quar.) Car 1 10- . common preferred (quar.) National. Bellas !> Hess-' (irreg;) — $10c preferred (quar.)i'. 4%-% Motor 1 $1.75 Nathan-Strauss-Duparquet— $1.75 Vulcan- Corp.,\$3 9-16 9-12 10-21 1 ll10- ; common4;7v-^777t^7S^!.',40c:7(7.';r9-30'.f,ff 109- Ti¬ " 15c Co Victor Chemical Works, 3 Va % preferred" (quar.) 10• .-9-20:; v, Ltd.;,:,5%,'.preferred ;tquar.T7l^2tia^ f. Vi&u, 9-20 , f. 7 ______ 9-20 10-10 110-1 (quar.)_^_„_7___7_77_77_-^.''.,y,$'2 Quarterly Vapor Car Heatmg 5 50c preferred .(quar.)—— Manufacturing Co._c._-—--— 9-20 1 13%C h 9-25 25c $5 9-20 10- ' Co., convertible preferred ? Finance, Murray 1 : Drop Forging Motor 1 10- 'v r Moore 9-14 1 9-10 v 'p\; Of Ree 10-19 20c .De'..:Kamp'8..,.Holland:7T)utch:,.Bakera^'V;H-/y7r-7%\:',77'Vf:7 'sA'V I'-.'i Vaa 9-25 40C — — 10-1 $1.64 ft'. : CO.——— Goods, T 1010- $1.25 1 2 10- "2c-, _7i7_i7—_ preferred preferred Holdert When . . . 9-20 15C (quar.) common ■ Qhar* . 7 payable , •10- . 10- 15C- . Plywood, 8%, — — (quar.) A ,7 7:(i% % 9-16 0-30 $$2 (increased quar.)—— Inc. Stores, Inc. (quar.) Decker; Manufacturing -Co. Diamond 79-20 12 Vac ■ Dejay Delta 10-10 10- 1 7 • 1 ^ii77ie7 Per 7 . 7;', Utah Oil Refining (quar;j'fyi^77,^*.777a7_777:;':i'.f:7'10C' f 9-20 'i ff i Extra 'v:vif 5c 9-20 Valley Osage Oil Co., class A (quar.)__i__ 7 15c •: 10- $1.50 15cv -r—— . ,v , 10-15 $17 Vac V 9-20 „;,$20q,,,10-15. - Class 10-25 .; & Machine, common--, (initial quar.) —'; Continental Telephone, ,6% % preferred--;-7 % preferred • ______ ——4 Crain ;(R. L.) Ltd., .(quar.) ____———— Cross Company 5% % conv. pfd. (quar.) aCrown Cork & Seal, Ltd. (quar.)———— Cuban-American Sugar (increased) Foundry 5% preferred Decca 10- '■ 9-13- 25c 30c (Toronto) Co. .jV' 60c .-f ; ' 8-30 I — ——____—:— Continental 10- $1.25 common_______ (quar.)-- Investment Trust Consolidated 9-30 10-15. Associated Telephone—. $1.50 6% preferred (quar.) ——^rr~ $1.75 Milwaukee Gas Light, 7% pfd. A (quar.).— $30c Modern Containers, Ltd!, com. (quar.) _— $$1.37 Va ~ 6Va % preferred (quar.), r25cModine Manufacturing Co. (quar.) — 50c" Montgomery V/ard & Co., common (quar.)_ 9-10 ,9-15 150 7 75c i—— (quar.) 9-30 Michigun 9-18 2 9-30 7 10- If '■"10-! I'f.j 7i 50c Y.) (N. Co. (s-a) 9-30 "1.7; $5c (quar.)— -w——Company (quar.) Corp. Meyer-Blanke 9-12 10- 50c ' ■ ' Name of Company (initial,quar.),_7.'.,7777v-7 93%,c ^United;Steel.Corp.,, ■•;> 6 % .class' A preferencev (s-a) ;.. $75c Universal Leaf Tobacco, common (quar.),___ f ; $1 10-157 ; 731V4C ;• ■ .Vy* l' \<i S. .,.3%% 9-10 9-30. " . , 9-23 9-20 . 60c ii.;—■—"Jl--———- Gas preferred - $2 , Electric___ Insurance. .(Louisville, Life (quar.) Ky.) Connecticut . preferred Medford 9-10 9-30 2 y2c Ohio Southern & Columbus __ 4% 9-16 1 10- 50c Mills Worsted Cleveland 9-30 .9-25 $3c -12V2C Co. (quar.) Chapman Valve Manufacturing Co. (quar.) Cherry Rivet Co. (quar.)— ——— Century Electric — 7 Extra ' -———7—7-———— 9-20 1 : 9-10 • 10-15 -725c Martin-Parry Corp. Mascot Oil Co. (quar,)— Mead Johnson & Co. (quar.) 9-17 1 - —L—__— (quar.) 10- $1: ! H, U. 10-25 7 $1.25 — 9-10 9-20 25c preferred series A (quar.)——--—preferred series B <quar.)„ Patricia Gold Mines - (quar,) _____ 4.10% 10- 1 '' 37 Vac (quar.) -Li;, Maritime Telegraph & Telephone Co., Ltd.—» Common * (quar.). z —-rr; 7% preferred B (quar.)^ — Marshall-Wells Co., 6% preferred (quar.)*_, Trust 9-30 $$1.75 . .commonr.^« Sugar;, Co.^*— . Manufacturers 1 Corp. of Celanese Manati 9-30 10- 5c Corp.___— General & ; 9-17 1 : (Ky.), commoni'S«—r-'-l— $1.50 participating preferred—-.-—— MacMillan (H. R.) Export Ltd. (quar.)—__ 9-14 10- ' }Of Re0 "9-13 : 9-30 v $$1 Publications, MacFadden 9-14 V' 9-27 10-1 1 Carriers 10- $$2 $50c ' preferred (qu.ar.) ($100 par)_: preferred (quar.) ($25 par) 5% 5% 9-16 $50c Ingersoll preferred 1 (quar.) Gas & Electric ■ 37 VaC Theatres, Ltd., com. (quar.) Louisville , Rand, Ltd. (quar.)_____ Canadian Westinghouse Co., Ltd. (quar.)__ Cannon Mills (increased)-—-——__—_*** Canadian (quar.) Incorporated (Marcus) 9-16 10- 62VbC Payable i ■ Loew's 10-1 25c Co.— Canadian 7 - Loew's Burkhart New , . Share Name of Company • of Re a. Holdert Wften Per Holdert Per Share Name ol Company Monday, .September 9, 1946, ,.. 9-26 9-16 4Cc 12- Class B (irreg.)-—— American Power & Light, $6 (accum.) Public Service, $5 pfd. preferred —-— 7% . American 4 Va % Rolling preferred Mill, (accum.)_ pfd. (accum.) Sanitary, com. common—— (quar.) — 10- 10^ $1.25 $1.50 1 1 io--1 ■ 9-16 6 9- 3 9- * 3 $1.75 9-20 8-31 10c 9-30 8-23 9-16 8-15 10-15 9-16 25o $1.12% ; : ' Safety Razor (initial quar.)——■—-— American Seal-Kap Corp American Snuff Co., common (quar.) preferred (quar.)— —— American Stamping Co. (quar.)-:-—. 10-15 9-20 15c 10-15 9-14 50c > 10- 1 9- 5 Calgary & Edmonton Corp., Ltd. (s-a) California Cotton Mills, new— : 10- 1 9- 5 California - 6% . 8% 10-15 10c 9-12 8-30 50c 9-30 9-3 V,Canada 1 10-22 « . 1-21 Class 9-16 5% b-24 Canada 9-16 9- $4.25 preferred 25c 9-14 8-31 Canada Foundries 1 9-14 Class 9-30 9-16 10- 15c ; 3 25C 10- ' 25C 1 59 %c 10- ; ...$$1.62^1 i • B-30 1 8-30 8-30 9-30 9-12 9-30 9-12 9-16 9-30 9-12 $1 .•."•f"'' / 50o 9-10 $1 8-28 ; 11- I $35 preferred 7% Motor Canadian 10- 50c 1 1 9-16 > 7 1 9-10 8-31 5c 9-10 8-31 77.: 10- 9-10 : 1 41 1-2-47 10- 8%C pfd. (quar.)- 8%C $1.50 Silk 1 $1.75 10- 1 7 45c 10- 1 9- 7 25c 10- 1 7.9-16 •, 9-10 5 10- 1 9- 7 10- 1 9- 7 10- 1 9- 7; 10- 1 9- 7 10-1 9- 7 10- 1 8-30 10- 1 8-30 10- 1 8-31 10- 1 10- (initial)——,—-——---— Ltd., 7% pfd. (quar.) — Beech Creek RR. (quar.) ——-— Beech-Nut Packing Co. (quar.)———-Belding-Corticelli. Ltd., common (quar.) 7% preferred (auar.)— — Belgium Glove & Hosiery of Canada, Ltd. common 11-25 50c '10- $1 10- $$1.75 12-15 11-25 -■ 1 9-20 10- 1 8-26 10-1 8-31 $37V2c $37YjO 10- 1 10- 1 - 9-12 9-16 77; 7:7$ 10c 8-30 9-30 9-10 10- 50C 77 10c 7. 9-30 7 7 8-31 9-16 10c 9-16 7■7' 9-24 th 7, Co.— Power & Light Inc. 7-- — ' $2 $1.25 7 50C ,7. 50c 4 9- 9-30 8-31 10- 7 9- 7 .$$1.50 7.10- 1 62 y2c 9-10 8-24 9-30; 9-30 9-14 35c 9-30 9-12 25c 9-16 8-30 9-16 15c —- (quar.) < 25c 10- 1 50c 10- 1 9-16 . .. — (increased) Brunswick-Balke-Collender, com. (quar.) — (quar.)—-- Bank Chicago 7 10-15 $25c 9-15 10- 10- 9- 1 5 10c 9-16 8-30 9-14 8-31 & Bar .Extra =•• C. I. T. . ' 9-19 (N. & «fe Eye De aware & Delaware Fund, & - Bound Hudson Steel 9-25 RR. (quar.) Co. 5 9- 5 Class (Initial)"" Diamond 6% 8-31 Diana 9 Co.~"(qu"ar Alkali 50c Co.— 7 Match Stores 50c 5% Dixie 9-16 Dobeckmun 10- 1 9-25 9- 6 Dodge Manufacturing Corp. 9- 4 9-25 9- 4 9-30 9-14 ,.>9-14 8-31 , 20c •' 9-10 $1.50 9-10 8-31 90C 10-30 10-15 $30c 9-15 8-15 15c 40c $1.37 Ya 1 9-20 9-14 8-16 10- 10- 1 9-12 10- 1 9-12 9-13 9- 3 10- 1 9-10 28 YbC 10- 1 9-13 $1.25 10- 1 9-16 (quar.) $1.75 11-15 $1.75 2-15-47 $4.50 preferred (quar.)—. 9-16 >7 Increased 9-14 9-14 50c 10- 1 9-6 10- 1 9- 50c 9-12 9-12 9-14 9-30 9-25 '• 9-25 $1 8-29 6 8-30 8-30 9- 7 9-16 9-10 9-14 79-27 Co.—~ 30C 9-10 15c . (monthly) Fields Co., Glass 9-30 Stores. Ltd. com.~Ta~uar certificates Co., Ltd. com. preferred $4 preferred Driver-Harris / - (quarT (auar.) Douglas Aircraft Co Dow Chemical Co., common A (quar.) Draper Corp. (quar.) : Dresser Industries, Inc.;33/4%» ' ) " (quar ) (quar.) preferred 7% r -■ " ™_ "" (quar.) Chemical & Tar trust (quar.). (quar.) common (quar.) Dominion Textile 1 2-7-47 9-10 9-16 I quarterly Oil preferred Voting 9-14 9-18 1 "I (Indiana) non-cumulative preferred Dominion - 9-10« 8-29 preferred 5% Dominion 8-15 $1.12Ya i— Corp. ' 75c $1.25 ' «. 8-31 8-15 10- (quar.) A Dominion Dairies, Ltd.— ^ , 8-19 8-31 10-31 9-16 .7 Dominion 9-14 11-T Extra 7% 11- 75c III" Doernbecher Manufacturing 9-20 ~ 7 common Company Doehler-Jarvis 5 12-20 (quar.)—.—... ~ $1.25 Cleveland Quarries Co. (quar.)—..—25c Climax Molybdenum Co 30c Clinchfield Coal Corp. 25c 35c Clorox Chemical Co. (increased quar.). — 5% Company, class 8-26 1-2-47 $3 Cleveland Electric Illuminating Co., common Cleveland Graphite Bronze com 9-14 9-30 10-1 5 9- $1.75 7; 10- 1 75o 9-14 9-16 2*A% . 9-30 $15c 9- 1 $5c 9-1 50c ,10- 1 (quar.) Investing. 5Y2% preferred City of Paris Dry Goods— 7% 1st preferred (quar.) 7% 1st preferred (quar.) 1% 2nd preferred (s-a)— Clark Equipment Co., common 5% preferred (quar.) , 9- 35c (quar.) City 8-31 $2.50 9 8-24 - 12Y2c (ouar.)"" (quar.) preferred Cup Dominguez 30c $1 $1.75 75C (s-a). Distillers-Seagrams, Ltd.— New common (initial quar.).. 8-12 35c 35c . & Sons, Inc. 8-30 75c 50c 25c ' (initial) com. new (Henry) 8-12 ■ 7 ) participating preferred D sston 9- 12Yac (Increased) 9-12 45c $1 35c Diamond 9- ~~~ _ B 8-31 10- 1 9-20 (quar) (qu~ar~.)IuII~III~I~II Chemical Co."common Oil Dewey & Almy 9-14 1 9-10 9-16 . 50c 9-10 V. 10- (quar ) Extra Devonian 9- Corp. 1 10-10 )__ul~l (increased preferred (quar.). Detroit 1 10- common"(slai: Delaware Power & Light— 4% 9-30 9-30 10- (quar.) Brook Inc. 9-15 (quar.)""""" (quar ) 9-10 9-10 10- 1 * 10- 1 *7 1 9-25 I—I (quar.) 9-16 9-20 A 9-20 $32 9-16 (quar.) Y.) City Ice & Fuel 9-19 3 9-20 Ci6&r Corp. (increased! Fisher Stores De Long Hook / 8-31 10- 1 9-14 15c —— 1 9- 10-21 (quar.) .... (Alfred) & Cohn Deep Rock Oil Corp... 9-10 9-16 25c 7 25c $1.12Ya preferred (s-a). (quar.) Financial Corp. 1 $15C (qua,. 9-30 Stores R^°nn?pfMichHgfn RR- Copreferred (quar.) , a. Co. 9-30 12r24 f Drug Decker 9-10 < V ' $1.12V2 (quar.) Trust 1 9-30 r Preferred (extra) ; ; David & Frere, Ltd., class A 8-20 r 9-14 9-14. 9-20 30c $1.04 15c City Auto Stamping Co. (quar.) 10- 15c 10- Detroit Aluminum & Brass - common 1 9-16 9-24 annual 5* Y'i Daniels 9-10 27c Knitting Ltd. 10- $1.15 • 8-31 America Street Railway 20c 9-16 10- Co., Inc. $2 pfd Corporation Semi 8-20 10- 1 10- 1 75c & Machine Co. (quar.)__ South Shore & South Bend RR.— (quar.) $1.25 25c Seal Cunningham 9-20 9-20 9-20 (quar.) 7% preferred (quar.) Chrysler Corporation Circle 25C 35c 9-16 10-15 com, (quar.) (quar.) Corp.— Cinzano, Ltd., 5%% 8-15 15c pfd. Co., common 7% preferred (quar.) Christiana Securities com. 1 $1.75 Building,11. pfd. (accum,). 6% Service Chicago Towel 7 $1.50 93 %c (accum.). A Davison Chemical Corp. 9-16 9-16 20c Rivet Cincinnati $25c (Tnterlml (quar.)__ 8% 3 9- 9-30 ' Common 9-16 93 %c 20c Buckeye Pipe Line Bucyrus-Erie Co. common 7% preferred (quar.) Term?ual Public of Co. $1.50 com. (initial) Brown*1 Shoe "Company" $3 Top fd.~~(qTar.) II fyhS*—gp?e°Sred 'Chicago , 50c Co. (quar.) : . $1.50 2%% 10-: 1 11-15 ix prior pref. (quar.) Extra 4Y2% preferred 9-14 $1.37% — (quar.)_—— Mfg. (quar.) «*''•" Chesapeake & Ohio Ry. Co. (quar.) Chesebrough Mfg. Co. (Consol.) (quar.) Extra 1 6 9- 1 $1.31 y4 SShhi2^?^ Corp./common!.:JiUir;: Crucible Steel Co. of Amer. 5% pfd (auar) 8-10 9-15 • ; 1 $1.50 $1.75 : preferred Chemical 9-10 1 9-20 10- y-..: 20c I (auar ) pfd (auar") Culver 9- 6 10-25 (accum.) (accum.) Champion Paper & Fibre, " 62%c 10- 11-30 (initial quar.) — Chamberlin :20c 9-13 Chicago Mill &, Lumber ,(quar.^^-,;^..^.^30c Ltd. Borough Gas Co., common preferred 7 class Delaware Century Ribbon Mills Certain-teed Products ? 1 9-14 50c preference (,uar., _ Brmlh" American Bank Note Co. Ltd. (quar.) British-American Oil Co., Ltd. (quar.) Ltd. 10- $1.75 "ISiSSmSK Mills 8-30 20c 75c ) (quar.) non-cum ordinary preferred Special 25c ' Vermont 4V2% Manufacturing Co., common—— preferred A (quar.) • & Sharpe 9-25 9-12 40c ■ 7 ' 60C , Brown-Forman Distillers, new $5 prior preferred (quar.),— 8-12 8-30 9-30 $1.50 preferred (quar.)— & G.) Iron 9-10 9-15 7 S 56'Ac (increased quar.)—— convertible preferred 15C 7" (Del.) 9- 5 33 Ya % ; Steel & Wire Co. 4.15% (quar.) Co. Crown Cork Products— (initial) Central ,,'7 $1 ' 9-3 87 Vac $1.50 South West Utilities Co.— New common 6 9-13 $1.42 — Bridgeport Gas Light Co. Briggs & Stratton Corp. 9- 9-24 7 50c • Brewing Corp. of America (quar.)— Bridgeport Brass Co., common- Bush Steel dividend Extra 30c 25c 93 %c r^Awn1!?01^ fubli&hing CoTllZcreased)" Cork International Corp. 30c — prior lien preferred prior lien preferred Central Soya Co.— 6 30c $1.12 Ya ouar 6% preferred (quar.) Crosley Corporation -~-*"*7""1""Z"Z $1.50 $1.50 ; $7 ; 9- 2 y 9- Ohio & 25c $1.25 rrSrles & America (increased quar J of Knowles Loom Works— Crompton >7 ; $6 3 9- 3%% 9-14 9-14 9-12 9-12 9-17 10- 1 $1.12'/a (irreg.) com. (quar.) (quar.) common Central . — - CranTcTiofcv0'11,5 $6 conv' pfd'A ove«Company, common (quar.) a, (quar.) (quar.) Power preferred New 41 V?C Crown 9-16 $1 preferred Stock 9-20 9-13 $1.50 (quar.)— Roller Bearing—1 Brach (E. J.) & Sons (quar.)— Brazilian Traction Light & Powei, $5 9-20 9-30 Maine Central ' 7 7 Bower Qiik 6 30c RR. Co. Elevated Railway (quar.) Brown 7 preferred preferred 6% 5 12 Y2C & Albany Brooklyn 1 - 1 7 10- 7 . Oil preferred 9-19 9-22 * 9- 10- 6% Central preferred Cornell Products, 6% 9-20 10.-21 9- 5 8-27 9-13 9-10 10- 1 10- 1 10- 1 10-1 10- 1 9-20 40c (quar.) Illinois Light 4'/2% pfd. (quar.) Illinois Public Service—. $3.50 9- 9-16 25c 75c $1.75 - $1 10- 1 $2 7 10- 1 ~ 15c —.— Storage Central Bond Stores, Brooke (E > 50c Tobacco— • preferred (quar.) — Blumenthal (Sidney), common (extra) 7% preferred (final) $2 $6 9-14 6% Brillo 9-12 10-1 Bloch Brothers 5Ya% 1 10- quar.) preferred beneficial certificates Central - Preferred ,convertible preferred (quar.)__ r?lc"Dub.ilier Electric, com. (quar.) $5.25 series A o 9-20 10-1 y-y 1011-1 (initial common Central Cold 10- 1 ; 4% ■ (qua?.) (Q Central Coal & Coke— 7 10-15 Bl^"^°W<)0Co~~V2"25~preferred (quar.j— 6% 5 8-31 1 $$2 - (quar.) Ltd—-—— preferred (final) Boston 9 9- New 40c 68 %c & Burlap— Bag Central Brewing Corp. Limestone & Cement, 6% pfd.—— Bethlehem Steel Corp., 7% preferred (duar.) Bingham Stamping Co., common (initial)— 5% convertbile preferred (quar.) — Birmingham Gas Company, common Birmingham Water Works. 6% pfd. (quar.) Blackhawk Brewing (increased)—— Boston 9- ; 8-31 $10C Bessemer 5% 7 1 1.7 TO- $$1.50 :,"7r ■" Berghoff Blac^Hills 9-10 $50c Cooper-Bessemer Corp., $3 priorDfd~tauar~T Copperweld Steel, common 1v, i (quiif.) "•.$250' . Continental Steel Corp. 9-14 Central $250 (quar.)— Decker Mfg. Co. 1 10- $$1.75 ' Common Black & 8-30 .$3.75 Continental Courtaulds, Lid., preferred (quar.) 12YaC fan Co-» common (interim) 1' 9-12 4% $1 $1.12 Ya "du'arj:: P'l. 7 50c "f-10- 1 Common " I Snt n^.. Assur»n<*. Chicago (quar... : 9-13 12-15 . Beaver Lumber Co., 9-30 , 11- 90c n«nsumers Gas Co- (Reading, Pa.) (quar ) 8-30 1 25c l V ; 8- ' (initial) Corp. Co" $37YaC Boxes, Ltd.— 9-16 9-16 (quar.)_L._ preferred Consolidated Corp.— (quar.) (accum.) 10-15 9-30 40© common 4/4ff, Preferred Series A Steel „ 8-31 10-15 . Carpenter Paper Co.— ,, 9-15 ; Stores 7 Consumers Company, $3 i 10-31 —; -fr 25c $1 7 8-31 9-15 $12 Y2C 1 Carpenter Steel Co.__ : 50c 8-31 9-16 7 10c Carthage Mills, common (irreg.) $2 Basic Refractories. Inc -7 7 9-14 710- 1 40C 6% preferred A (quar.) $1.50 Bastian-Blessing Co., common (quar.)—— 9-16 -77:-$17 10- 1 6% preferred B (quar.) I 60c Bausch & Lomb Optical, 4% pfd. (quar.)— 77 8-29 9-13 50C Case (J. I.) Company, common 40c Bayuk Cigars. Inc 9-12 7 10- 1 35c 7% preferred (quar.) r $1.75 Beatrice Foods Co., common (quar.) 9-12 7 10- 17 84%q Cassidy's, Ltd., 7% preferred (accum.) $$3.50 3%% conv. preferred (initial quar.)Catalin Corp. of America 10c Beau Brummeil Ties, Inc.— 12Y2c $2-75 i' 1 50c (BaltJ— (quar.) PreSS' Ltd" CIaSS A Extra Con solid a ted Retail 9- 3 •37%© preferred series B Utilities Dow Drug Co.. 7% preferred Duke Power Co., common (quarT"""." preferred (quar.) Dun & Bradstreet, Inc., common 7% 4Vh% du Pont 7 """ (quar".) pfd. (increased). Co. "II (quar.jflll (quar.) de Nemours & Co.— preferred (E.-1.) (interim) 9-14 common (quar.) -Duquesne Light, 5% 1st preferred Durez Plastics & Chemicals— New common (initial quar.) Duval Texas Sulphur $4.50 5 9-23 *~ ~Nr~Y~Touar of 8-30 Inc".— " Corp Gas 25© v series~C~~(quarTr (quarT*" preferred 4Ya% $$1.25 s $$2 $50c <;! Extra— 8-31 yr 9-15 $12%C ZZr Canada (quar.) Cfhe^ical A Industries, Class (quar.). Cigar Consolidated v"r City Products Transit Co. (quar.)v— Carnation Company, 4% 1st pfd. (quar.) ;k Carolina Telephone & Telegraph (quar.)__ 9-25 . 4% 8-31 Capital 7 1 10- 8-31 1 Capital 8-28 v': 11- 7 10- 1 Products A Wirebound class A $1.50 7 $1.50 Class 8-31 9-15 9-10 9-10 9-3 1 12-10 $1.25 $49.31 & & '/ (quar.) Railway Canadian 9-15 10- $15c (quar.) Canadian 9-30 $75c $15c $$1.75 (initial) Ltd.— preferred Pacific 10-15 $15c preferred Canadian 20c —— of Co. •" (quar.)— 8% 7 . 9-14 6C B 1 ; ; 5% v: 9-20 10- ' $20c sniS°nirHed Co., Ltd.— Lamp Canadian oil Companies, 8-31 9-14 7 37YaC pfd. (quar.) Class 9-17 10-17 9- 9- 4 Consolidated Biscuit Ltd.— (quar.) & Class A (quar.) y 30c (quar.) Investment Corp., Quarterly Canadian Industries, Ltd.. new com. 10-21 11- 1 A Foreign , Ltd., com. (quar.) Products. Class conv. Canadian 30c • Ltd. com.. (quar.) preferred Canadian Food 9-10 7 9-30 1 1 8-15 9-15 $25c $5c $15c $10c $45c $30c $12Y*c $25c (quar.)..— preference conv. Participatnig 6% 56Y40 (quar.)__ Canadian Cottons, 5 9- 9-20 75C (quar.) Porcelain Steel, 7% (quar.) Participating 30- 4 11-1 90c 1010- mmmnn $1 partic. pref. (quar.) 60c non-cum 4 9-10 12-10 9-16 75c Bakeries $3iy»c 8-21 10- 1 9-15 12-15 25© & Power Co Corp., Ltd.— Canners, Ltd., common 1st preference (quar.)— $$1.50 Connecticut Light 8-31 9-16 Consolidated Gas, Elec. Lt. & Pow. Common (quar.)_.__ 5% 8-29 Inc.~~(quar.)Il"" 9-14 8-15 8-24 9-16 $$1.50 " Quarterly • 10- 9-12 $1 9-10 9-11* Canadian 30C 50c 11- 9-11* 1 Steamship Lines, Ltd. (s-a)__ Canada Wire & Cable, class A (quar.) Class B (quar.) Canadian Breweries (increased) 3 9- 37%C 1 10- 9-16 15c (Toronto)"—" Quarterly00 ^ Assoclatlon 10- $$2 $50c $$1 $25c $37Vic 9-15 9-13 $3 (ouar ) Consolidated Edison Co. 9-15 !• Com. Consolidated 9-30 9- 6 9-10 1 10- Shoe 9-20 9-30 9- 6 500 Machinery ,** voting trust certificates Compo $50c ; Canada Co. (quar.).— 6% pfd. (quar.) of Canada Belleterre Quebec Mines, Beudix Aviation Corp ilfh i holders date of order at close of business on the day after 14th 9-20 9-16 , 9-30 9-25 6© Community Public Service 10-15 9-10 • — Stamp]ng~7irreeT" Investment Co rre8-> — 20© tn 1 preferred (quar.) 1 9-30 < 90c > Shearing & Consolidated Permanent Mortgage 9-30 50c *fl^rClal „Credlt (quar) Co-» common Tquar.) preferred $15c $$1.75 7% 10-15 Pa^mentalnh h& Souihern- $6 P^- UccumT). oE i "iad,e 28 after SEC 9-20 — 9-16 ? 10-15 110c 3.60% 8-26 10- t37YjC Northern Power $5c 9-30 (quar.) common (quar.); 9-15 9-21 (quar.)—— Products, Inc., 4% Mills (monthly)— 5% preferred 9 preferred 10-25 tlOc (quar.)—-—— preference Bell Telephone 9 8- $50c Bearer Canada preferred New 9 9- — Congoleum-Nalrn, (quar.). Common 9-20 9- Forgings, Ltd.— (quar.) (quar.) 9-20 1 9-10 -Commonwealth 10- $1.06Yd (quar.) & 1 10- 9-24 ' :■ Commercial 120c t$1.25 150 (initial) 9-11 10- Coj-d"" Pictures Ltd., $10c com. new — 9-24 8% $75c ! K 40© - ■ ■ 9-30 $1.50 ' (quar ) 1 8-30 $1.75 87 Yj© (quar.) preferred B 9-12 1 9-12 53 Y2c ,Cafb~Co7~("increased" quar.)Ill Commercial Alcohols, 9-10 • 9-20 12- 11- 50c Malting Co., Ltd.— I2V2C (quar) Sons, 7% preferred----Aroostook RR Co., 5% pfd. (quar.) Bangor Hydro-Electric, 6% pfd. (quar.) 7% preferred (quar.) --— Bankers Trust Co, (N. Y.) (quar.) Barber Asphalt Corp (quar.)-—-Barber-EUis of Canada, Ltd. (quar.J — 7% Bangor A $20c (initial) pref. (quar.). Ginger Ale, 9-16 1 10- . - Allied Bancroft ' 1 I25o (s-a) 9-12 1 10- 50c 9-105 10- 1 10- 1 $$1.12ya $62y2c —_ (quar.) Dry Canada 3 •'9- 9-14 (stock dividend)— One share of 5% convertible preferred C for each 15 shares of common stock Baltimore .3,'* ■>. \ 10- — 8-26 .*:• Registered 9-10 1 10- $1.50 93%C 1st Canada J: (payment clears all arrears) — Inc. 9-10 8-26 75c $5.60 Corp"" (quar.) Extra $25c Canada Crushed Stone . Autocar Company B/G Foods, 10- 1 9-16 31Y4C (quar.) Co., Ltd Ioe $6 $7 preferred • 9-16 (s-a) 7-30 Powder — Austin Nichols & Co.— Avondale B 9 9- $1.25 Line RR. F.) & Son, Co.;- Ltd.— preferred (accum.) 9-10 Atlas Avon 9- 3 25c Cement 25c ,r Avery (B. 9-16 (ijuar.) —34%c preferred Plow Columbia (quar.)—.——.; B $1 15% > Ltd. (quar.) Automatic Fire Alarm 10c Packers, Ltd.— $1.50 partic. Class A (s-a) „ (quar.)_— Atlantic Refining Co., common (quar.) 4% convertible preferred A (quar.)--—3.60% preferred B (quar.) — Atlas Corporation (increased) Atlas Imperial Diesel EngineSeries A preferred (initial quar.) $5 class A class 5% 6y»% 9-30 8-31 Copper— __L* Cycle & Motor, Ltd.— Common (quar.) for Ordinary Extra prior ■;< 9-14 9-11 9-17 — preferred Colonial 8-31 Canada Arnold Constable Corp Convertible $3.50 Canada V 53c Company— Co. Consolidated Hecla 9-10 . 9-14 9-25 10- 1 """ Co. International of Ree. 50c $1.75 %!XZZ?.P^ prete"e"d"~quaf.)Z 50c Canada Bread Co.,, Ltd.— y:':." 4j/2% 1st preferred (quar.)__ ,i ' Investment ^-16' 10-11 Inc. Spring Corp. 10- 1 Electric-I & 1st preferred Cookshutt 50c -— — 5% Coca-Cola Insurance— Campbell Wyant & Cannon. 11-1 $1.50 $1.50 1 -31-47 convertible prior preferred (accum.) — Armstrong Cork Co., $3.75 pfd. (9"ar-)— Armstrong Rubber, class A (increased)—Class B (increased)—— 43/4% convertible preferred (quar.)-; Coast 1 10- Life ! convertible 5V2% 8-16 9-13 ..'t;,i 50c (quar.) States 9-16 Counties Gas Coca-Cola 9- 3 25c — — & (quar.) com, Coast Bolder* Payable Share C1??fc preferred &(quar.). nreafb0dy^ Co ' comm°n (interim)... 7% — >9-10 9- 3 50c 9-20 45c ■■■'>. 9-16 .—————m-,—./ Service Water /Resumed 9-12 ! 'i 9-13 9- 3 9- 7 8-23 9-10 10- 1 9-1610-15 „ 9-16 9-20 . Name of Company Camden Forge Co.—c $1.25 (quar.) Associates 1 9-25 $1.75 $6 Atlantic 9-10 ; 30c Calumet 9-20 10- $1 (quar.) Associated 10- 1 $1.50 Utilities (quar.) preferred Special 53YeC > -i—...—.ic--m■■ Semi-annual 9-13 —. .'1 (quar.);_„ California-Western 3 9- Co. Pacific California 9- 5* 10- 2 ; 9-13 Ink — California 7,5% 7 9- 1 $1 (quar.) —, — Apex Smelting Co. (quar.) — ;— Arizona Edison Co., common (quar.)$5 preferred (quar.) — Arkansas Natural Gas Corp., 6 ^ pfd. (quar.) Corp., 10- 11- preferred (quar.) Anglo-Iranian Oil Co., Ltd.—• American Deposit Receipts Asbestos 8-30 $2.25 4%% & 9-14 $1.75 Anderson Prichard Oil Corp.— Armour 9-21 35c Products, Inc.— (final) Anheuser-Busch, 9-30 50c ... Foundries prior preferred prior preferred •Extra 15c (quar.) .—— American Stores Co. (increased) American Sugar Refining Co., 7% pfd. (quar.) American Sumatra Tobacco (increased)--American Telephone & Telegraph (quar.)— American Thermos Bottle— *.4;>c. '«»y\ 4%% preferred (initial quar.) American Tobacco Co., 6% Pf?- * American Vitrified Products (initial 9uar-' American Woolen Co., 7% Pfd. (accum.) American Wringer Co. (increased)-— American Zinc Lead & Smelting Co. $5 conv. prior preferred (quar.)_—Ampco Metal, Inc. (quar.)— Anaconda Cc-pper Mining *. Anchor Post $1.50 $1.75 15c lOo 50c Payable When Per Bolder* of Ree When , Share , $1.50 6% Steel Per „ " Name of Company 6% preferred (quar.)— Butler Water Co., .7% preferred (quar.)-,— 25c common American • Bush Terminal Co., American New Payable Share o/ Company Bolder* of Reo. When Per jy«mfl 1365 FINANCIAL CHRONICLE THE COMMERCIAL & Number 4523 [Volume 164 w i' rv*W-i^ 10-25 preferred (quar.) _ 10-15 9-14 9-30 9 raws® iTHE COMMERCIAL; ft, FINANCIAL CHRONICLE Eagle Picher (increased) Co. — Eastern Gas & Fuel Associates— „,>■ 8-23 9-10 ' Name of Company of Rec. Payable 30c Psr Holder* When per Share Name of Company Extra ; - Glens Falls —— 4y2 % — 6% (quar.) 41/4 % Electric Boat .... Goldblatt 10- 1 Goodrich t80c $5 y ' 9-12 Common — Class Gas Class — A ~ ■ Evans Products . $1.25 12y2c — Gulf 25c Gulf 37 %c Hall New Haloid 25C 50c Co. & Federal Motor Truck Co. Felin & (quar.) Feltman (initial Ferro 10- 15c — 1 Co.— ;:;9-10 : — First National Stores, Fitzsimmons Stores, Flintkote $4 Company, preferred Florence Florida 75c Power (quar.) preferred (quar.)— common — Battery Hasting Manufacturing A 9-16 9- 6 ' 9-6 Hawaiian 9- Hazel-Atlas. Glass 8-16 9-10 10- L 12- 1 A ' 8-30 c 9-14 ,9-14 A 9- 5 9-16 ' 5% 5%% preferred Class Mfg. B General General General Box $1 Bronze Cigar 11c 9-14 9-14 9-30 General Mills. Inc. Motors, 5% 8-31 8-31 10- 25c 62 V2 10- 1 9-10 1 9-20 10- 1 i 9- 7 20c 9-12 9- 3 9-16 8-14 11-25 11- 9 11-25 11- 9 9-11 , 10- 1 10- 1 9-20 '10- 2 9-16 $1.25 25c 8-23 $1.25 10-1 9-19 9-10* $1.25 (quar.) 11- 1 25c common- 9-10 9-12 8-20 11- 2 8-15 10- 7 25c 11-15 (quar.) 25c 10- 1 9-17 preferred (auar.) 25c 10- 1 9-17 -25c 9-14 9- 5 25c 9-14 9- 5 9-14 9- 5 General Phoenix Corp., common Extra Class A (quar.) ;— (quar.) - Extra General Precision Equipment Corp Public Utilities (initial) Signal, (quar.) Railway preferred General Refractories Gerber 4%% Gerrard com. : preferred (S. A.), Gisholt Machine Co. 10- 1 9-10 $1.50 10- 1 9-10 5 9-12 9-14 10- 9-14 2iy4c 11.12% 9- 9-26 10-1 $1.25 (s-a) $5 pfd. (quar.)— 9-27 40c $1.50 (quar.) (auar.) preferred 5 9-10 10- 7 20c (quar.) Safety Razor Co., 9- 9-25 11-15 25c common Power Products 9-14 25c $6 pfd. (quar.) $5 preferred (quar.) _— Georgia ; 25c Co. General Telephone Corp. 25c 25c — General General Class Hinde A 30c (quar.)_ 12- 9-20 9-30 11- 9 8-31 15c vlO- 1 75c 10- 1 ' H $1.50 10- 1 (increased)— __ 9-9 9-10 9-10 - 8-31 1 8-30 10- lHA 8-30 C (quar.) xiy4% 10-1 D (quar.)a xl%% ; .10-Al Co., common (quar.)<A 50c;•A 9-10 (quar,) com. *17c i 10- 1 8-30 8-30 8-30 Water Supply „ $1.25 H " , $1.50- , „ Lake , , , -9-14 .- , 10-1 35c > _ 8-20 . 9-30 9-14 9-10 •<■ 8-26 60c 9-20 9- 6 75c 9-10 8-31 10c 9-14 '8-29 11- 1 10-4 10-14 9-4 10-1 9-10 8-26 dividend - <40%, „ .... klO- 7 25C 9-26 <0-14 8-31 8-14 8-31 20c 9-10 15c City Power & Light, $6 pfd. B (quar.) $1.50 10- 1 9-14 15c 10- 1 9-14 $1.25 10- 1 preferred Drug Natural Gas Co., com (quar.)..: Company, preferred $1.50 common 9-16 9- 5 Kelvinator , 9-16 9- 5 A 8-31 ^ A Kendall 9-14 class 25C ^ 8-31 Co. of 12y2c preferred 0- 8-31 1 9-lfl : 9-30 $1.75 10- 3 9-14 9-16 10- 30c 9- 1 7 9-20 25c 9-16 9- 20c 9-30 9-20 45c 0-10 37%c 10-AT 9-16 9-25 9-10 r __ (quar.) (increased)__ Canada Company, 4%% Kennecott Copper Corp. 9-14 ' (quar.)—$1.12% convertible 5CAh;' 12 %c — 8-31 (quar.) Kelley Island Lime & Transport Kellogg (Spencer), & Sons, Inc. (quar.) Kelsey-Hayes Wheel— - 9-12 , , $1 _ 10-21 9- 4 9-10A:•8-26 9-10 8-26 $1.50 (increased quar.) Kaynee Company, 7% preferred (quar.) Kayser (Julius) & Co. (increased) $1.50 . Vegetable Parchment Co. *$1.50 (quar.). $1.12% ' : 10- 25c Special Keystone Steel & Wire (quar.) _ B 3 8-17- 1 9-16 9-30 "8-30 ;: 25c 30c 9-30' 8-30 9-14 8-30 40c 9-14 8-30 10c 50c $1.50 ! 10-1 $4 75c $1 5%% 9- 5 9-14 pfd. (quar.) 9-10 Kresege 7% ... Hoover Company, 4V2 % Hotel common preferred Inc. Statler Lehigh ' $1.06y4 35c (quar.) (quar.) $1.12% (quar.) Co., Inc. 25c (quar.) 50c Houdaille-Hershey, $2.25 conv, pfd. (quar.) Lighting & ^ower Co. (quar.) Houston Natural Gas Corp., common 5 % preferred Howes Brothers Co., 7% preferred (quar.). Houston — Hubbell Mining & Smelting Co., Quarterly Oil & Refining Co. (quar.) Humphreys Manufacturing Co., common Huron & Erie Mortgage 5% Hyde preferred Corp. (quar.) •. (quar.) Ideal preferred (quar.) Park Breweries Association Cement Co. Life & 7% (increased Telephone quar.) (auar.) •_ Illinois Municipal Water, 6% pfd. (quar.) Tobacco Sales Co., of Canada, Ltd., common (interim) 6% preference (s-a) : Indianapolis Power & Light (quar.)— Imperial preferred Cup 37%c Quarterly Lincoln 20c 6% 7% 11-15 ''10- 10- 5 1 25c 9-15 $1 9-20 9-30 9-14 (quar.) 30c 10- ' 9-13 " 8-28 8-20 1 9-20 12-31'? $3 - $1 12-21 9-17 25c 10- 9. 9 1 9-14 10-1 9-14 62l/2c Co. Co. 10- 4 10-15 10- 4 9-28 35c 9-14 5c (quar.) 10- 10-15 $2 (quar.)..... 9-13 1 9-14 9-23 8-30 v (Tenn.) ; 9-14.1^ 9- 40c 60c i 9-16 8-31 3 8-24 $1.75 (quar.)- 9- 3 8-12 25c 9-10 8-27 12V2c 9-16 9- 9-10 8-23 15c 3 Co.— 1 (quar.) i.... Corp. (quar.)... Co $1.75 10-1 ;Vi37'/2'c ; 50c t$l 30c — Service preferred preferred Corp., common Little Miami (quar.)..: 9-13 9-10 8-30 v- 9-27 9-13 U-l ' 10-29 pfd. (quar.) Original capital Original capital Special guaranteed Special guaranteed 9-12 8-31 17%c 9-14 9- <1.10 7% 9-12 9-12 87'/2c RR. Co.— ;25c 37V2c (quar.) (quar.).. Lindsay Light & Chemical, 9-10 8-23 8-31 '1, 8-31 3 ^ 1 $1.10 $1 (quar.): 50c (quar.) 50c Special guaranteed (quar.) Lock Joint Pipe Co., common-(monthly) 50c 12-10 H-22 3-10-47 2-24-47 9-10 8-23 12-10 11-22 3-10-47 2-2*-47 $1 9.30 9.20 Common $1 10-31 10-21 8% $2 10- 8% (monthly) preferred (quar.) preferred (quar.)—______ Lone Star & Indianapolis Lord 11-25 Industrial 25c 9-11 8-30 preferred (quar.)___^ Industrial Brownhoist Corp. (final) Cement Corp. .... (quar.).a— (quar.) Taylor, common (P;) Co. com. (quar.)—.... preferred (quar.) Louisville & Nashville RR. (quar.) 7% — $2 87'/2c Lorillard 10-1 Water Co., 5% pfd. (quar.) Acceptance Corp., Ltd— 8-26 Lincoln National Life Ins. (Fort Wayne)— 11-30 conv. 9-23 8-14 1 $1.50 Tobacco Locomotive 9-23 37'/2c Corp. Ins. 11-1 5% 10- 25c (quar.) (quar.) Myers 8-15 ; 9-14 37y2c .... '. Casualty Lily-Tulip • t8c &(• 62y2c ^ (quar.) ...—— Co, 9-14 10-15 V 10-15 $i8c common & Lima 1 10-15 S Refineries Salt Liggett 1 11- $1 Wilkes-Barre 8-20 9-15 • Original capital Hygrade Food Products (irreg.).' Illinois .Pell $1.75 Leonard Leslie ,10- $1.75 $1.50 Lexington-Telephone Co. (quar.) Lexington Water, 7% preferred (quar.) Libby-Owens-Ford Glass Liberty Fabrics of New York.. $1.50 (quar.) Huttig Sash & Door Co.— 5% 50C 62%c *50C • preferred 90c Ltd.— Humble 6% $1.50 v (quar.) & Fink Products Lehn 40c —: Hudson Bay 56y4c & 20c (Harvey), Inc. (quar.) Extra Co. 9-20 9-20 (interim) Clark 9-20 ' Co., Ltd.— (quar.) & 9-14 1 9-12 40c (quar.). Ltd.. (reduced) Mines Additional 1 Co.—<" 10- $1^ 1 12-20 preferred (quar.) Realty Corp.— preferred (quar.) Prior 10- 12-27 -Extra $2.50 Extra Horder's, Mines, Frary Lefcourt (increased) (quar.) 9-14 9-25 . 9-20 $1.12% Lawyers Title Insurance. 6%-pfd. (s-a) Fabrics, Inc. (irreg.) & Company, common (quar.) (quar.) 8-30 v 9-27 Leath r 9-12 9-25 ■ $1.12% Lea — (quar.) '• * 1st preferred (quar.) Lanett Bleachery & Die Works Latrobe Electric SteeL(quar.) common 12-2 40c ' ' (quar.) Power & Paper preferred Lane-Wells & Co.— preferred quar.) Sessions Co., & $2.50 12-23 f$l Shore Landers ... 10- 1 *500 John Lamson Hooker Electrochemical preferred l 25c : Industries, 6% pfd. (accum.) Lamaque Gold Reduced $4.25 2nd Lake ... Hollinger Consolidated Gold Mines, Ltd.— Corp. ; Extra Co. of Canada, Ltd.— Mining Co. 9- Quarterly (quar.) Holland Furnace Co., new com. (initial).— Hollander (A.) & Sons (quar.) Oil 9- 9 9-14 5c common Company 9-16 9-26 25c Kroger Company, 6% " $1 class A S.) 1 25o Kroehler Mfg. Co., 4!/2% preferred (quar.). 4%% preferred (quar.) .... Holt (Henry) (S. Lake St. (quar.)_ 8-31 10- 25c —" 31c A 9-12 25c 15c (initial 9-12 9-16 20c .—: preferred 9-16 8-29 'U 1 $1.1210- 1 - Koppers Company, 50c ;10- $1.50 50c Lumber Co._ preferred (quar.) 25c Creamery Co. (quar.)____ La France Hollingsworth & Whitney, (initial)— i com. (I. B.) Rubber Co.. Extra Co.— Quarterly $4 Kleinert Knudsen 4% ■25C Paper Co (Edward) new Quarterly.—— 25c ,u, ' Kinney Mfg. Co. $6 pfd. (quar.) Klein (D. Emil) Co. (quaIf.) $1.75 34 %C preferred . . Co...» King-Seeley Corp. com., (quar.) 5% conv.'preferred (qUar.;»>^„_ ; Kinney (G. R.) Co., Inc., common (resumed) 50c (irreg.) (quar.).—., Quarterly „ & Mill 4V2% Co., Ltd.— ... class Hinde & Dauch Paper ...—• (Walter) (irreg.) Kimberly-Clark Corp., Co.— Corp., Extra Kidde^ $1.25 25c (quar.)__ 1 2 9-15 37%c ; 10- $4.50 common— Company, & Dauch 8-31 10- c $1.75 quar.) Oil 9-10 50c common 8-31 x$1.75 $5 (monthly) (monthly K Common Hickock Honolulu preferred 2nd Common Homestake 50c (quar.) Co., J.) Powder 9-21 30c (quar.) Advertising (C. 8-30 25c >V (increased) pfd. pfd. 8-30 25c .... (quar.) General Paint Corp., Hendry 1 10- $2 ;1%C 8-31 9-14 75c (quar.) 1 9-14 68%c (qua£) common Outdoor 9-10 1 : General preferred 9-20 1 (quar.) pfd. A (increased Corp. 9-20 10- *$1.37 (quar.) Instrument ' 10- pfd. A (s-a) Industries Co.. 5% Gillette 0-13* 9-30 10c common Co., 5% preferred 6% A- 8-31 9-30 *22c (quar.) (quar.) Corp. General „ 9- 3 $$1.25 — General 1st H 25c 1 $5 9-14 ^ 9 A 9-30 (quar.) 6% preferred B (s-a) (General Fireproofing Co. corn, General A, 9- 1 ;A A 9-10 9-17 30c Transportation Co., General Finance *?<% 10- 25c Company General General 8-30 9-14 (quar.)—,„wj .JU,,37%cV/:;9-10 Kansas-Nebraska (quar.) 9-30 (resumed) American Parts Co., W.) 9-16 —: Baking Co., $8 preferred Motor preferred 1 75c com. 8-30 9-16 xl3A% Kansas (increased) Brewing (George 7% Hines (quar.). $3 partic. Co. (G.) 10- (quar.) — preferred (quar.) Gaylord Container Corp. Heilman 37 %c — com. 9-lfl 9-16 (quar.)_____ Kalamazoo 25C 5% preferred B (quar.) Hibbard Spencer Bartlett & 34 %c 5V2 % Gemmer quar.) Hecla A quar.) (quar.) V. (quar.) preferred (quar.)______ Joy Manufacturing Co. (quar.) 25c 9-14 (increased) Co. Power preferred Co. 9-14 10- (Julius) & Co.— (quar.). 10-15 25c B 'Stock (quar.) (quar.).. 1 preferred (quar.) Gatineau *75c 933Ac Manufacturing Co.— Sulphur 7%.pfd. (s-a) Jewel Tea Co. (increased quar.) l Johns-Manville Corp. Johnson & Johnson (s-a) j Ltd. 10-1 25c 25c Garrett ? 9- 3 Joseph & Fjeiss. Co. (quar.)A ...25c f-.'V.-'Extra ^rv; 50c Hershey Creamery (quar.).i. Hewitt-Robbins, Inc. (quar.) Heywood-Wakefield Co. com. A Gabriel (increased Co,, Hercules 10- 1; 25c — Packing Co. Corporation 9-16 preference Jefferson Co— 28y8C (quar.) (quar.) preferred 5 9-30; 50c — Garlock 9-25 25c 20c Public Kilburn 8-30 9-16 Common 9-14 _ Jamestown ^Telephone Corp.-f* 6% 1st preferred (quar.).l A 9- 10-18 5V2% 9-14 9-30 10-15 $1.25 Corp. (quar.) ? Mining Company.... Hein-Werner 9-14 12 %C — 6% 9-30 50c ; ^.$5:;:preferredJ'';(quar.')^^-^iiii-^w^i-w-^.-' ... 9-14 25c Company 30c $1.25 quar.) 5% -.preference (quar.) 9-20 v *35c (Robert Co., 9-1$ Utilities Machine Jamaica A50c Electric Helme 8-31 62>/2C Gas convertible preferred Garfinckel 9-30 5% ^preference Hazeltine 8-30 IOC (Peter) Gair $1.25 . 4% . 2nd; preferred series A (quarJv---$1 Jones & Laughlin Steel, common-.. .500 5% preferred (quar.)..-!—:-^..—, i_ Quarterly 8-24 9-16 Brewing Co. (quar.)—^—:— Fuller (Geo. A.) Co. 4% conv. pfd. (quar.) Fundamental Investors new com. (initial) I 11-20 9-10 9-10 25c Foster Wheeler Corp., common (quar.) Foundation Co. of Canada (quar.) Fox 5 $1 Company (increased) Fort Wayne Corrugated Paper, com. 4%% 9-12 Kawnecr Company Co.— preference (quar.) Co. Ltd Hart 50c — Foote-Burt 1 A 15c common & 10-1 — common.....-,. 9-16* 433Ac 6% 1 9- 3 1 7% Refractories— Co. 9-16 9-30 Service, Ltd., preferred A (quar.)." Katz pref. 9- 9 H; • 17j/2C Corp. Oil - 40C (increased) (quar.)— $2.50 preferred (quar.) Food Machinery Corp. (increased) Foothills (initial A 10-15 .To- 50c 7% (quar.)___ Tobacco prior 9-16 o 62%c (quar.) Food Fair Stores, Jaeger preferred— non-cum. $4 9-16 $3 (quar.) Co. Stove Fireman Jamaica (increased quar.) 4Vi% •Hawaiian Commercial & Sugar Inc. 7% Stores Island Creek Coal, common $6 preferred (quar.) f. $3 9-20 (s-a) Corp. Southern Common ____^__ < 8-22* ~ 10-10 9-20 $3 Siork Department Irving (John) Shoe Corp., 6% pfd. Irving Trust Co. (N. Y.) (quar.) ^ (increased Chemical Co., Hartman 9-10 10-15 . Bank 'A, 25C A 10c 25C —— indemnity Iron (quar.) Wholesale Harshaw Finance Co. of America at Baltimore— First 65c "1400 , h/A-A , convertible preferred (quar.)., Public Service, com. (increased quar.) preferred (initial * quar.). Iowa 150 * (quar.)_ Fund Co. Joslyn; Mfg. Sz Supply^ common (increased) Extra 62%c A A-10- 1 Fiduciary Trust Co. of New York (quar.)— Firemen's 25c 93 %c (M. Harrison quar.) Corp. Salt 3.75% (quar.) Co., com. Paper, Harbison- Walker — Enamel 6% Iowa 10c (quar.) " ' 9-10 !; . Intertype Corporation Foundation, Ltd.— — (quar.) 9-15 Investment (quar.) pfd. 8-31, 9-15 ,i-A— , preferred (quar.) ; ? Harrisburg Steel Corp, (quar.).' -(quar.) preferred Products— $1.50 International Cigar Machinery International Harvester, common (quar.)___ International; Nickel Co. of Canada- *25c 6% Extra 7% (quar.)___ (initial) 9-30 A Extra Interstate 4quar.) A.) Company, common (irreg.). Hanson-Van Winkle Munning Co. (increased) Corp.— $7 preferred (accum.)— Fenton United Cleaning & Dyeing Common common 9- 3 ,'9- 6 185c '10-15 137y2c/: ,10-15 Silver, 7% pfd. (initial quar.) interstate Bakeries, $5 pfdC (accum.)— Interstate Company, common (irreg.)__ ,5% prior preferred (quar.) Common Shoe Stores— Curme & Common — Instrument preferred Hanna 12%C Co._ & Cellucotton New Machines fi ?23Ac > , International (initial) Company preferred A;, 4V2 % 10c ^—— (quar.) Gas (The) 4% quarterly (John J.) International >; 75c : Printing Co.— common Hammermill 10c Works 9-13 1 1st 6% preferred Hamilton Watch 50c : : Water 9-13 .9-30 Manufacturing Co.— Preferential participating (quar.) Preferential participating "(quar.) 75C Screw .,9-30 Hamilton 20c Increased $1 Utilities, $4.40 pfd. (quar.) Realty, 6% preferred (quar.) Hammond Inc.— Co., $6 (W. F.) J 15c 37%c $2.50 (initial (quar.) Smelting— Federal-Mogul Corp. (increased) — Federal 9- 9 l 'Oil Power, Guilford Federal Bake Shops new com. Federal Business 9-14 . States 37%c Federal i\ 1 Watch 35c Extra 1 10- Powders, Ltd. com.__, (quar.)___, partic. preferred International 8-28 9-23 25c _ Quarterly Rubber 10- • 62ViC Bronze 8-31 9-10 . ,-i-V (s-a)l_..J-I»i,„__„ ____ No. 65c — Fanny Farmer Candy Shops (quar.). Farmers & Traders Life Ins. (Syracuse, N. Y.)- Mining 8-23 ___.—_____ Corp; Company (quar.) Guantanamo Sugar, $5 preferred Gulf Oil Corporation (quar,);. 1 Special. .-t— 25C (quar.) (accum.) Saddlery Group 30c Co.- (quar.)_ Corporation :.(quar.) (The) (Chicago) : Faultless . 8-23 9-12 20c (quar.) 2nd Gruen 12 %c _________ Plantation Farrell-Birmingham 9-12 " *12 %c : (quar.)____ Grinnell Corporation 15c Family Finance $1.50 conv. pfd. A $1.50 conv. preferred B — ; Famous Players Canadian Corp., Ltd. (quar.) \ International > 12 %C Ex-Cell-O Fair *25c 30c preferred 9-12* 9-20 preferred (quar.) Great Western Sugar com. 7% preferred (quar.) z— Greening (B.) Wire Co. (quar.)—: Greyhound Corporation, com. (increased)— 4'A% preferred (quar.) : Griggs Cooper & Co., 5% 1st pfd. (quar.) 80c Extra 5% quar.) class B Plating West 6% Eversharp, Inc., common (quar.) Ewa Lakes Great RR. Corp. (quar.) Co. (quar.) (initial Co., $2 class B preference Great Corp Buffet B Engineering Works (quar.) Great Lakes Paper Co., Ltd.—-:;-; $2 class A preference (accum.) 7% guar, (quar;) — preferred A (quar.)__—- Co., $5 Williams 9-12* 1 6% " . 1 9-11 $1.62% , Copper 10- 10- 1 $1.75 •: tl2%c Lakes Great $1 RR. Eureka Exchange (accum.) of Rec. 9-10 50c —— Varnish — Grant (W. T.) Co., common (quar.) _______ 3%% preferred (quar.)__—_—________ Grayson-Robinson Stores (quar.) Great American Indemnity Co. (quar.) ____ Coach Erie Consolidated pfd. Holder• Payable 15c quar.)__ Institutional Shares, Ltd.-—. 3;'<>/• Bank group shares International Grand Rapids 7% preferred (quar.) Empire District Electric (quar.) Empire State Insurance Emporium Capwell Co., common (increased). 7% preferred (s-a)_ Engineers Public Service, $5 pfd. (quar.)—_ $5.50 preferred (quar.) $6 preferred (quar.) English Electric Ltd.— $2 non-cum. class A (quar.) Pittsburgh Inspiration Corp.,, 6%% When Share (guar.), / __ — (quar.) 8% preferred (quar.) Emerson Electric Manufacturing— & Silica 9-12* ( quar.)__—s Gordon Oil B Erie Industrial 9-12 "■ Gorham Manufacturing Co. (increased) Grafton & Co. class A (initial)—;; (quar.) Drug Co., class A Erie — / 10- ; 56'Ac $1.50 " Name of Company . Industrial Wire Cloth Products Corp. Industrial Rayon Corp. (increased _ 6% Natural Paso Emerson 1 $1.25 (increased) Gordon Mackay & Stores,, Ltd.— Class A (initial quar.) __t_—_____— prior pfd. (quar.)..—. Electric Power & Light, $6 pfd. (accum.)—. $7 preferred (accum.) Elgin National Watch Co., common El (quar.)__ pfd. (quar.)_i^_._ ,8-30 preferred (initial quar.)_—— Goodyear Tire & Rubber, common (quar.) __ $5 conv. preferred (quar.—:— ———— Ferries, 10- 3 4% Electric Controller & Manufacturing Electric $2.50 Goodyear Tire & Rubber (Canada)— 10- 1 $1.06% Telegraph" Brothers (B. F.) Company com. preferred (quar.) $5 9-14 37%C . (quar.)__. preferred $4.50 Gold & Stock 10- 1 . 1 50c 5c 9-16 10- 1 com. (Texas)— Co. Electric Paso (quar.). 9- 9-20 10- """5c $1.50 ——_— (increased) participating preferred (quar.)—;— Brothers Stores, Edison preferred (quar.)—-—___________ $1.50 A Ltd.——; (irreg.). Corp. Eddy Paper (quar.)_— ,9- 3 9-20 50c Per of Reo. 9-20 40c (increased quar.) Holitrt Payable 30c 30C A $1.50 (quar.).—_r—r ————.—-tt—- Trust, Investment Economic El (quar.).——__—-— Kodak Co. com. preferred Y.) (N. Co., 7% preferred Goebel Brewing Co. (quar.). Iron preferred 1st 6% Insurance W/ien Share : 50c Globe-Wernicke (quar.) —— Eastern Massachusetts Street Railway Co.— Eastman —————— Extra Quarterly Malleable — —— Glidden Company/common Eastern Magnesia Talc Co., Inc.— Eastern : ; v (quar.) Alden Coal Co..t._--.-_i_-_-.---.---.----- Glen 4Va% prior preferred (quar.)— 6% preferred (accum.) — Harvester Corp. Gleaner Monday, September 9, 1946 $2 1 9.21 1-2-47 9-27 12-21 < 9-12 10- 1 e-17 25c ... 10- 1 9-9 $1.75 10- 1 g. 9 9-12 9- 1 88c , Volume 164 Number 4523 THE Name of Company Lowell 'V' . Bleachery Lowenstein ^r; Sons (initial & quar.)__ —_ 'Special Lowney (Walter M.) Co., Ltd. (quar.) Ludlow Manufacturing & Sales (quar.)^. Lyon Metal Products (quar.) Lytton (Henry C.) & Company (irreg.)—Macassa Mines, Ltd. (interim) 25c 9-16 9-16 9-6 , 9-15 ? MacKinnon Structural Steel Co^ Ltdi-— __ 9- 9-13 ; 25c 25c-/1; 9-;3 "(quar.)20c 10-1 Marsh (M.) Marshall Martin & Sons Field & (Glenn Maryland -4%% L.) pfd., Company preferred (quar.) common (initial convertible Master Electric Mathieson 9-16 redeemable Co. Alkali (quar.) Works, common (initial & Robbins, Stores r & Co., Quarterly Merchants —. 10-15 10-1 10- 1 >9-9 9-14 8-31 25c ■ _ Corp._ Machine Co.__. Metals (reduced) 62 % c 9-13 wi.^. >,• 35c 7 $1.75 (quar.)—"——-——— Service, 6% pfd. (final)— 6% preferred. Series 1940 (final)*$6' Junior preferred (final) $2.40 preferred (quar.) • preferred pfd. : 60c 9-14 (quar.) 4 preferied (quar.) 37%c —— Manufacturing Co.-com*—. Class A (quar.)—s Mill?r-Wohl Co. (quar.) ; 4(4% convertible preferred Mllliron (D. J.) .15c —i 9-20^; 9*14 10-15 . -20c., (quar.) (quar.)—— (increased) -: 25o r Co.— 10- 15c 1 10- 1 : 4:! Liberties Gas 9-13 Co ,- s-5% . 35c 9-12 8-24 B — Mojud Hosiery Co., new com. 5%\ preferred — Molson's Life T (s-a) Mass) Monroe 9-16 9-10 • -—— - $1.25 9- 4 8-13 9-16 .4 Loan Montreal Locomotive & Mortgage Montreal 9-3 Otis Elevator preferred Electric 9 15c 1 1% preferred. A ■■p: 7% preferred 10- 1 tl3c 9-14 $44cy~ 9-14 (quar.)____ 131'Ac 130c 2 Lines, $2.50 convertible preferred 1 Common 0-14 — 9-14*. ' 8-15 Oxford Pacific Indemnity /.(guar.) Pacific Mills, 9-16 Panhandle 8-30 10- 1 62(/2c 9-21 9-16 ;;.r Corp. (quar.) Brass Co.— Mueller Water Works, 8% Murfay Corp. of America, Muskogee Company Muskegon Piston Ring-, Mutual ' 1 6% Wr .a-.. L— -— Chemical preferred Co. Nachman Corporation Namm's, Inc. (initial) Na'sh-Kelvinator Battery National ——A Breweries, National Biscuit Cash National Cellulose Corp. Gas Co. Dairy National Discount 5% Products preferred Corp., (quar.) V Folding National, Food Box - 1 9- 0 10-1 9- 6 30c 10-15 10-15 9-30 10-15 ,9-30 9-14 9-10 8- ,4 \ 8-15 9- 9 9-9 9-10 8-20 50c 9-10 8-31 8- 9* (quar.) (quar.)_— dividend)— (quar.) 9-10 8-31 Perfect Circle 10-1 9-16 Perron Gold 50c 10- 1 9-24 Pet 9-30 8-30 400% 12%c\ 9-30 $1.75 9-14 $1.50 12 %c 37V4C J9- i 10- 1 9-20 2nd Petroleum 10-14 9-15 com, preferred : Petroleum $1.25 preferred Exploration Extra *' & 9- 1 : 9-14 8-30 9-27 9-12 V 9-10 10-15 10- 10-1 9-16 8-31 9-10 44,8-23 9-14 6 9-20 $75c 8-30; 11-15 11- 4 1 8-30 8-30 9-16 9-30 9-16 10, 1 9-16 50c 9-30 10- preferred 8-23 1 9-104 9-16 10-10 $1.50 11*30 30c 9-16 8-30 7%C; 9-15 9- 4 9- '! • $4 9-14 1-1-47 12-14 4-1-47 3-15-47 11- 4 $1.50 (quar.) com; 30c 4.;: 9-13 9-14 4 R-31* 10-15 9-20 $2 9-15 8-31 50c $2C 9-13 10- 1 9-30 9- 3 9- 0 8-31 ' 25c 10- 1 9-10 10- 1 9-10 $1.06% 10- 1 9-10 25c 9-10 8-30 25c 9-10 10- 9-13 1 9-13 9-30 , 10- 9-16 1 9- . 3 1 9-16 9-15 9- 3 9-14 10* 1 35c 8-31 9-13. 10- 1 10- 1 9- 9 9-25 , 37 %c 9- 5 9- 9 ■ (quar.) 15c common (irreg.) 11- 1 10-15 15c . (quar.) 11- 1 10-15 12 %c 9-30 9-20 12 %c 12-20 12-10 68 %c. 11-15 11- _? 4 (quar.)____ 5 Corp.— preferred (quar.) 25c "■'. A (initial 10- 1 9-20' 25c 10- 2 9-10 $1.50 10- 1 9-10 90c 10- 1 9-10 9-16 8-28 $1.75 10- 1- 9-15 $1.75 10- ' 25c , 9-15 9-11 8-24 20c quar.) 1 50c 77/ 9-30 9- 9 9-14 9- 5 9-14 9- 5 30c .■'; 20c ; si 9- 5 9-14 9- 4 9- 6 $1.32 7X 9-19 75c (The) Company - (increased) H.) Company (auar.). 9-14 10c (quar.) 9-16 50c 9-25 37%c 9-10 " & Co., 5% preferred (quar.)_ 5% prior preferred (quar.)__ Ronson Art Metal Works— - $1.25 10- 1 $1.25 10- 1 , 9-lff. 8-26 9-16 9-16 • New Roos Brothers, Ruud (initial common quar.)__: (quar/) Inc. 25c (Jacob) Co., 25c 4%% pfd. (quar.)___ Russell 7% Industries, Ltd. com. preferred, (quar.) Manufacturing Co. (quar.) 5% preferred $1,12% St. Louis non-cum. 10- 1 3 9-/0' 9-12 9-30 9-12 9-16 8-30 : 10C 9-10 8-22 25c 10- 1 9-18 10- 1 9-18 8-23 $1.25 50c 9-10 (accum.) $25c 10-15 9-23 (accum.) (initial)- $$2.25 10-15 9-23 25c 9-13 8-20 Ltd.— Mills, 0% Service, new pfd. com. 25c & Pacific 9-13 8-20 $1 Mountain 9-16 8-31* 9-16 8-31* Co.— Common' 5% 8-31 9-30 VV (quar)___ Rocky P-10 9-10 $10c 4 37 %C 4% Class A 9-20 : 9- $$1.75 : (quar.) St. Joseph Lead St. Lawrence Corp., 9-12 50c Manufacturing Ruppert preferred $5 San Jose Water Works, common (quar.) San-Nap-Pak Manufacturing Co.—■ 70c preferred (quar.) 50c 10- 1 9-10 17 %C Sarnia Bridge, Ltd. preferred (interim)___. Company lquar.)__ Brewing Co Schmidt — 12-20 9-16 9- 9-15 9- 6 9-15 9- 6 25c — 12-30 25c (quar.)___ 9-20 17%c 41 %c (quar.) 5%% 9-30 10c 70c preferred Sanger Brothers Schiff 20c 1 84c 8-30 Trading Corp.— 10- 10-15 $1.12% St. Louis Public $1 8-22 8-26 15c (quar.) class A convertible preferred St. Lawrence Paper 17 %c 9-19 9-12 9-15 87 %C 9-16 9 10-10 25c (initial) 4 9-16 9- 50c 1 $25c 1 9-16 9-131 0-15 $1.25 - 1 1 10* 1 25c 10- 1 8-29' 10- $1.75 10- 10- ' 150 (initial quar.)' $1 10- 1 8-2 Of , 50c __, 9-10 9-10 9-12 : (quar.)' Ryan Aeronautical Co. (quar.) Safeway Stores, common (quar.)_____ 1 6" 00c ;4 9-13 1 35C 37 %c 50c Russell 10- 9- 9- (quar.) 9-13 1 8-30' 1 9-1 (quar.) 2-5-d7 10- 9-31 9-12 9-15 (quar.) 9-30 10- 10-25 10- 9-15 i____ 2-15-av . 9-31 37 %C Robbins & Myers, $1.50 partic. pfd. (accum.) Ruberoid 9-13 X12 %c Riverside & Dan River Cotton Mills— 6% preferred (final) ; •4. 1 1 ' quar.)__ preferred 1 Co.— A B 10- 3 9-12 11- 10-25 ■'7v 25c 37 %0 common (quar.) 6% prior preferred A (auar.) Reynolds (R. J.) Tobacco, 3.6% pfd. (quar.) Rheem Manufacturing Co., com. (quar.) Rice Stix Dry Goods— 7% 1st preferred (quar.) 7% 2nd preferred (quar.) Robertson (H. 9-10 (quar.)_ _ Inc; Co., A Pictures convertible Rockwood 49- 3 4 1 11-15 class Petroleum Common (irreg.) 10- 1 • ' ' 0-14 9-16 10- 93 %c preferred class 5 9-30 3oc 12 %C 'H — 9* *•■■4.4 75c — ' 9-23 9-30 (quar,)____ preferred 4% preferred 10-15 4. $1.06% partic. Class A (accum.) / 30c Ltd.__^ (quar.) Co. Riley Stoker Corp. 40c - 9-10 1 9-16 9-16 Riegel Paper Corp. (increased quar.)__ Riegel Textile Corp., com; (initial 8-31 9-16 9- $1.25 (quar.)_ Co. (quar.) 9-24 10, 25c Richardson Company Richfield Oil Corp. (irreg.) 1 9-27> 30c , 9-10 25c (quar.) preferred $1 4.4, 8-30 10- 1 $1.25 (quar.) (quar.l 8-30 'I 9-24 $1.18% Republic Steel Corp., 9-16 ? 9-14 50C 25c (quar.) ; 8-30 9-30 ■: $1.25 10c (quar.) 2%% 1 9-30 40c ________ 25c Co. (quar.) Mines, Ltd. 4V4% 9 1 Co. 4y4% 8-26 11-1 10- Milk 104 25c Pennsylvania Sugar Co.. 5% pfd. (quar.) Pennsylvania Water & Power, com. (quar.) 50o 9-20 50c — •"■/ (quar.) Manufacturing Republic 5 50c 1 (quar.) 9-14 9-14 10- $1.75 preferred 5%% 8-15 1 9-16 50c Pennsylvania Power & Light Co. (increased) Pennsylvania Salt Manufacturing Co $1.25 — 9- 9- 10- 1 30o V (quar.) preferred 9-12 y: 500. $$1.50 (quar.); $5 preferred (quar.) Peoples Drug Stores— Peoples Gas Light & Coke Peoples Telephone Corp., common Pepsi-Cola Company 9* 40c (quar.)__ (quar.)—,—^— (stock -4 Pennsylvania Forge Corp Pennsylvania Glass Sand Corp.—5% 8-31 25o preferred 9-14 10-15 $1 f Republic 8-16 1 25c (initial) 4.—____ common 9-14 '44X4'; $2 (quar.)_ Co. Grain, 6% 8-10 10- $20c (quar.) (quar.) preferred (quar.) Common 9-10 10c:' (increased) — preferred 10-18 10- 10- 1 $35c (increased) 1 9-30' 50C 1 6% : ( (quar.)_^ A '■"■ 2 4? 30c , — conv. ' - 9- Co.— class $1 9. X 40c . Common 6 20c — $1.50 11-1 9- 9-30 ; (quar.) Company $1 8-30 9-27 10c Lead Co., common (quar.)— preferred A (quar.) _———.—— 6% preferred B (quar.)— National Motor Bearing, common—— 7% 9-16 Switch C.) 10- $1 (quar.)__—;_ 10- 25c $1.25 (quar.)_ com; (quar.)Remington Rand Inc., common $4.50 preferred (quar.) Reo • Motors, Inc ; Republic Investors Fund, Inc.— 9-20 4; Shoe 3%% 10-15 1 $1 4 Common 9-3 9-16 (J. Reliance 9-16 10-15 8-22 62 %o Ltd. preferred 8-31 v Regal 8-22 $3iy4c — . convertible Reliance 9-20 :44,- (quar.) common 41 %C 20c Regent Knitting Mills, 8-31. :.175c new 10- 5 50c preferred 9-13 11- 25c (initial) Ltd.— 10-15 — (quar.) Mills, Ino., prior- preferred (quar.) 1 10-10'v 50. quar.) „ 9-14 $1.25 ' 9-20 $1.75 (quar.) Reed Roller Bit (quar.) -Reeves Brothers, new common 9-13 9-20 $1.75 quar.) common Peninsular. Telephone, 9-13 25c (quar.) Co Products 9-26 25c National ? V (quar.) National Fire Insurance National 12-lo $50c (initial)—— common IV-'Jh Electric $1.20 9- 30c" '• -— National Penney t44c. National City Lines, new com. (initial quar.) National Container Corp. (quar.) ; National Cylinder — ."Extra Penn 25c (quar.)— Company, common Register (quar.)_„ National 9-12 9-14 12 Vic, — — Ltd., common (quar.)—— preferred • Ford, Ltd., -preferred 9-19 10c : — —— 6% ' ' 9-28 12Vic —.—- — Corp. Co. (quar.) Natlbnal 75c — 8-31 & 9-13 9-14. $$1.25 quar.): (initial (Peter)' Inc., Penick Penman's « (initial preferred 9-30 / $l.BO- ' (irreg.) Paul 3 9-20 9-12 25c >• ; 9- 1 (initial Manufacturing Co., 7% 9-13 y W ' common . Co. 5 9- 1 $1.75 $7 4:4 10-1 $80C —; ; 9-19 10- 10-15 $1.75 $3 5 9-10 75c Pictures— Common 9-16 9-16 $1.50 (ouar.) 8-23 9- Ltd.— com. 20C $1.25 4% non-cum. 1st preferred Real Silk Hosiery 9-10 35c —— ? (quar.)—— common Paton 11-26 10- —25c America— Myers (F. E.) & Bros. Co._— Myer-Bridges Co.; (quar.) 7% b preferred 9-10 11-15 ; 11-15 $35c (quar.) new Parmelee- Transportation 8-30 2 9-30' $2 (quar.) preferred 9-13 Tubes, 3 8-22 Y.)— voting Rayonier, Incorporated, $2 pfd. Raytheon Manufacturing Co.— 9-14 50c / Eastern Paramount 9-24 9-10 12- 30c.,: 50c — — of 10-1 40c preferred (quar.) 4% pfd. (quar.)_ 4% New •• Wheel Aggregates — Packing $2.40 % 10- $$1.75 (accum.) Pipe Line, 4% preferred (quar.) Paraffine Companies, common 8-30 $2'4 $250 (increased) Page-Hershey 8-30 Consolidated, Inc.— 7% preferred (quar.)—$1.75 Morgan (J. P.) & Company (quar.) 1$2 Morris Plan Insurance Society (quar.) $1 Miincie Coast : 9-25 t $ 1.25 (monthly) preferred Pacific 10- 1 10- 1 (quar.)____— Co. 3 9- 9-14 25c Reading Company, 2nd preferred (quar.)„_ 9-30 $15c 9- 10- 1 9-26 Co., 9- 9-16 $1%C (quar.): Raybestos-Manhattan^ 4 v 9-25 . t37%C. , " 9-16 9-25 $18%c —» 8-15- 5 15c ■ 44 {44 (s-a)—« (quar.) $5 1 9-14 25c (quar.)_^ 8-31 Morrison Cafeterias Motor Paper, 10-15 :b;t$1.75 25c; (quar.) . (quar.) 5% preferred Ox Fibre Brush 148c :__2 common 9-16 10- 8-10 10- 1 . — — 8-31 $1.50 Railway (N. I.) 9-16 25c (quar.), - 1 9-20 $30c Co common preferred Electrotype Rath •* 8-28 .8-31 1 ——i- Purina, ; 9-10 10- — ———„ :* 9-14' 10- (quar.) Ottawa Light Heat & Power 155%c t$l'.75 (quar.)— B Moore-McCormick 1 $1.25 — (quar.)__ (quar.)— common 9- 210- 4 150 — 1st preferred 3%% -Rapid 5 9-30 v $1;23 43%c __; Co., common, (irreg.)— 6% Ottawa Manufacturing Ralston 4-k 5U 9- 10-., 1 y 9-14 $1.25- — —— 9-14' 25c ; Works Telegraph Corporation, Ltd., Moote Co. preferred 9-14 — Montreal 7% 1 11- 6% 9 9-30 V $1.12%, —— (quar.) Co.", Ltd. com. (quar.) (quar.) 1 12- 2 $250: $1.10 - __— (quar.) 9-20 I (quar.) Railway Equipment & Realty, 9 9- 9-14 50C Debenture 10- Montana-Dakota —— & 10- $1.62%' 88- 10-15 50c (irreg.) 10-15 50c preferred K ________ eommon 5% 8-26 $75c Radio-Keith-Orpheum 9-21 44 9-20 15C •^ —— Oppenbeira Collins & Co. (quar.) .Orange Crush, Ltd., 70c coriv. pfd. " Utilities, common 5% preferred •: (quar.) Montreal Cottons, Ltd., common 7% preferred (quar.)— Loan 25c : 1 9-10 15c 44 Ontario Steel Products 87V2C — — 1 9-10 : 10c (quar.) prior preferred Ontario 4 —— Co., common (quar.)— Monsanto Chemical Co., $3.25 pfd, A (s-a)_ New common (Initial quar.)——preferred prior pfd. Corp., common— 8 %^preferred (guar.) Oneida,. Ltd;, common (quar.) 6% preferred (quar.) 3 9-25 9-20 9-21 10- 30c common— — < (Springfield,— 10- 1 10- 150 .. —_-T—— 9-16 10i> 1 125c. J20c ■ 8-39.« 9- 9-16 50 Seamless Tube Co., Co., 1 25c Quaker Oats Company, common 6% preferred (quar.) Quaker State Oil Refining (increased) Queen Anne Candy Co 9-15 40c , Omnibus 8-30 9-18 10-1 ■ 9-20 10- 1 20c Chemical $3.50 $1.05 93%c Old Line Life Insurance of America (quar.)i Extra 8-20 62%c —— Insurance . ? ?1V40: (initial) - Brewery, Ltd. (quar.) Knitting Co., common Monarch Monarch < 25c — 5% $1.75 •- 9- 7 9-12' $1.50 ... Class 9-18 $1.25 12,/20 —_ 1 Pyrene 5 40c Confectionery Co., Ohio . Appliance Corp. (initial) Mississippi Power, $6 preferred (quar.)—— Missouri-Kansas Pipe Line, common- 8- Oil 4* 9- * convertible .preferred Pure 10- 6 9-10 9- 9-16 10-15 (quar.) (quar.) preferred 9- 1 9-27 $1 Pullman, Incorporated (quar.) 9-14 10- 8-26 i> .4 pfd., (quar:) J Mission r . 8-24' Minnesota 10- $1.50 6% 2 8-22 1 9-9; ■ -: :9- '3' 9-16 9- 9-10 10* 60c Preferred' (quar.) Ohio Edison Co.,. common 4.40% ^ preferred (quar.)'_—— Ohio Finance 4% % ■ 9-1& ; 9-10 25c 9-10 $$1.50 com. (stock dividend). $4.75 preferred (quar.)_ Puget Sound Pulp St Paper Puget Sound Pulp & Timber, common____ 8-31 8-29 9-25. 9-13 40c preferred 1st 9-12 20c Publicker Industries, 9-14 9-14 8-31 9-20 250 — 4 Mining &. Mfg. Co. (increased)Valley Canning Co.— preferred (quar.) 1 9-20' $1.37% $1 Norwich Pharmacal Co .21 Ektra Ohio i *9»13 s———.«..-0;4Ofl:-| 9-l0< Minnesota 1 10- i 10-! 10- I 56 %c —— Minheapolis Brewing Co.4— Minneapolis*-HoneyweIl Regulator Common 5c - 10- $1.50 (accum.) . •'Convertible Miller 87 %o _ 7% 9-14 1 9-10 12 %C (quar.) (quar.) preferred (quar.) preferred (quar.) Publication Corp., common 9- a 10- 25c (quar.)___ 7% 9-24 3 9-30 $1 (quar.) $5 Original Nu-Enamel- Corporation (quar:) — 9-15 #;>'8-3lf.:^y-;;-5i4;EXtraV-V- :V:4:V4444,::,:;^;;;V-;:yv1,;-, ;■■ .......y. 8-31 9-15 Oahu Sugar Co., Ltd. (quar.) 9-27 *#9-17 Ogilvie Flour Mills, Ltd., common (quar.)-- 5c common— v: ID* % • 1 preferred 9- 75c Non-voting (quar.) Northwestern States Portland Cement (quar.) r 10-. 1 50c . 10* 10-1 (accum.) (final) Northland ^Greyhound Lines— $3.75 preferred (quar.)_— 10- 1 1 8-28 20c pfd. Northern 10-1 # 8-19 9-10 Trust (monthly) (monthly) preferred approval of Northern Ohio Telephone, 6 % preferred--— JNorthern States Power (Minn.)— 10- 1 $1.50* $1.50 V 9-19 Si 1 9-16 10-15 10c preferred (quar.) 10-15 10-15 10- * 1st pfd. 8% preferred Public Service Co. of Okla., 4% pfd. Public Service Electric & Gas— 8-15 42c (subject to 6% .7% 7 8-14 (quar.) 9- 5 10- 1 0-14 30c Pennsylvania RR. Co. (quar.) North River- Insurance (quar;): Northern Central Ry. : 3 9-10 (quar.) North 4 I 9- 9-25 $$I 9-20 , 11* 9-13 $2.50 (quar.) 8-30 y ' ; . 11-15 10-15 Bank 1 1 10-15 35c Quarterly 8-31 25c ——i 4.;'.,4 $5 preferred $1.56 » Refineries, 9-10 9-30;/ 10- 1 $1.50 Company Mid-West 5%% 8-30 * 0%- preferred Michigan Public Mlckelberry's Food Products— ;; 97 %c , Midvale " 9-16 . 50c National 11- 11- 11 %c Public Service Corp. of New Jersey, common$5 preferred (quar.) 6% preferred 9-20 50c 4 r Public 9~3 1 9-10 $50c — (irreg.); 10- 10-15 $1 _ Quarterly 1, 9-17; %7 9-14 1 25c (increased) __ 8-31 1 50c __ 9-16 $1 American Finance, 7% 80c prior preferred (quar.) North American Invest., 6%' 8-30 10* 1 15c ——— Co. Thermit Corp., common (quar.) 7% preferred (quar.) Metropolitan Edison, 3.90% pfd. (quar.)— Michigan Associated Telephone— '* 9-16 9-10 ■ : EEC). - ■ 10- 30O- .. North : 9-12 8-31 8-31? 1 $1.50 Corp., common held ___ 9-12 11- 30c T Canada, 6% 9 30c (R. 10- "(initial) shares Pocahontas Company 9- 10- 1 10- ______ Extra 9*16 9-16 (quar.) 9-20 10*12 20C Powell River Co., Ltd Preferred Accident Insurance Co. (quar.) Prentiss-Waters Products Preston East Dome Mines, Ltd. (reduced) Prosperity Company, 5% preferred fquar.)_ Providence Washington Insurance 9-12 v 1 93%o Aviation 100 9- 6 1 9-26 10- common Car 6 ;i 9-10 (quar.) Ry., American 6 9- $1.06 Ltd. preferred 9- 9-16 (quar.) (quar.) Co. Co. 8-30 93 %c (initial) preferred 6% non-cum. partic. Powdrell St Alexander 8-20 9-16 Creek Potter 9-20 9-10 Oil 3 9-30 .•20c quar.)_____ prior preferred (quar.)„__ preferred (quar.)____ Power Corp. of ? (irrflg.i Western the ■>■: 9-12 10- 50c : , r 9-11 1 North American Co. (stock dividend). ^One share. Pacific Gas & Electric for each- 6 10-1 10-1 87%c & Pond 9-10 9-10 10- 25c (quar.) American $2 9-13 9- 25c Disintegrating & 9-30' 250; r- ______ Corp.—• Plymouth 9-10 1 9-20 10c (quar.) Corp. Mines, Norfolk North 9-30 50c Co. preferred Electric North • 1 10- 22 %c. quar.) Co. Auction Electric Noranda 4 9-11 20c —• f?nmpitny|Vi«ninmftn Noma 9-18 50c, >■'■■"■ — — - 9-18* 0-18 20c — Oil Mesta Metal 9-15 9- 10c 9-16 45c Niagara Lower Arch Bridge Co., Ltd. (quar.) Nineteen Hundred Corp., class A (quar.)—No-Sag Spring 8-28 — Refrigeration, Class A. $3.50 preferred (quar.) Merritt-Chapman & Scott Messer 9-10 " 11-29 $1 , 10- ' 8-15 9- 1 25c Class B Merck fe 9-30 60c (quar.) 9-30 $1.50 3%% preferred (initial quar.) 9-10 Cr 6% preferred (final) 8-31 Newport Industries, common 433/4C 11-30 62 %c \c 9-30 25c 9-30 87c 10- 1 (increased quar.) 10-15 12'Ac 9-10 ••c 9-16 20c r~ 9-5 $1,504 York 4V4% common (quar.) Transportation Co.— Miners < 5 9-16 ; (initial Aircraft, 4Mi% conv. pfd. (quar,)__ Pittsburgh Bessemer & Lake Erie (quar.)_» Pittsburgh Brewing, $3.50 pfd. (accum.) Pittsburgh Consolidated Coal (quar.)__/;. Pittsburgh Forgings Co. Pittsburgh Metallurgical Co _II_ Pittsburgh Plate Glass____ 8-31 3 9- 8-30 50c Piper 9-19 11^ 9-15 20c 8-23 ,y; Newport 9-30 ' —.. Mercantile 9-10 $1.75 30o; ——- $4 preferred (quar.) Mengel Company (quar.)___ Merchants 8-26 25c —— quar.)—. com. 9-16 ■ Zinc 1 11-15 4: tl2c 4 ; City Omnibus Corp. Newark Telephone (Ohio), (quar. Newberry (J, J.) Company (quar Newmont Mining Corp. (quar.) 8-30 8-26 35c . McClatchy Newspapers, 7% pfd. (quar.)__r McCord Corporation, $2.50 pfd. (quar.)— McCrory Stores Corp., common (quar.) McKesson 9-20 10-15 162 Vic common- $3.50 convertible preferred McGraw Hill Publishing New 14c $25c (s-a)_ York (initial 10- Pioneer 9-19 1 0-30, 60c common Mills, $4 Suspender 10- 6 9- 25c convertible Special 9-16 1 50C Extra Inc.— pref. Jersey New < (interim) *7% preferred (quar.) i_ Matson Navigation Co. (quar.) May McEwen Kaiser Co.— New 10- 1 New 1 30c Quarterly preferred 10- A Corp., 1 30c com. preferred Pillsbury 4 10- 53 V«C. V;./ — $2 9-15 9- 50C $1.12% 2 (quar,.) 3%% 8-16 10- $1.50 (quar.) Corporation Pig'n Whistle 9-14 4 9-14 40o Co.; Ltd. (quar.) Laundries, $6 pfd. (quar.) Telephone & Telegraph Co.— convertible 9-25 10-15 -75c ■44; Brunswick Telephone 4%% 10- 1 '■ New Hampshire Fire Insurance (quar.) Haven Clock & Watch, common 3 8*30 $37%o • New 10- 1 37%o »'.V' -1 9-20 9-14 9- . 9-14 37 %c Irregular$1.25 1 $1.12% _ Massachusetts Investors Second Fund, com. New England New England 9-16 Corporation, 4%% pfd. (final) Massey-Harris, Ltd. 8 9-13 75c- (quar.) quar.) 8- 1 1010- $1.06% (quar.)__ New 9-20 * Drydock, Masonite 4%% iy! 6 9-30 25c 40o ______ (quar.) Co., ,,: (quar.) 4JA% preferred Brothers, Inc. (increased),, Nestle-Le Mur Co., class A (accum.)-,. 9- , > $1 preferred A (quar.) preferred 8-30/ 9-15 Philco 9- 9-10 $1.25 Participating preferred 9-12 of Reo. 9-27 40c Philadelphia Transportation— 0 9-15 50c 4 Neisner 8-23 9-16 •• (quar.). Steel 4V2% 9* Holdert Payable 25c 1*21 1 9-23 IOC Corp.— 44 i; / National Tea Co., 10- 250 60 Research Co. 1- 31-47 15c , Steel : 9-25 9-10 * & Car: Corp., Ltd. (quar.) Corp. (quar.) National Sugar Refining Co. (increased) National Supply (Pa.), $2 preferred (accum.). 8-29 ■■I 8-31 $1.50 4. — Series Standard National 8-26 : 10- 1' 20c Manhattan Shirt Co. (quar.) Market Basket, common 9 9-10 , {ir-Ht*;*'.'.'..-- Stock National - ; $1 preference series National - 9-30 _ Company .(increased)40c 6% prior pfd. (quar.)_#7;: $1.50b: r: V, 9-17 9-16 \ Maine Central RR„ Mallory (P. R.) & Company_________ Mangel Stores Corp._ i. Industrial 9-17 . yv.< quar.). When Share Brewing Co Dodge Corp. (quar.) Phelps Philadelphia Company, $5 preferred (q $6 preferred (quar.) Philadelphia Electric Co., com. (quar. $1.12% Co. (increased)— Machinery (quar.)_ Securities Income 9- 9 9-27 • preferred (-quar.)$1-25' Magma Copper Co. u 12%c Magor Car Corp._ 20c __________ Rubber 8-15 , 10- 1 _ - Radiator 8-3L 9-16 9-26 _____ $5 (R.- C.) - National ___——_ Motion 9% ' Name of Company Pfeiffer Cooker— National 8-16 rer of Reo. •40c Pumps Corp.— prior preferred (quar.) 1367 R older» Payable 10c Co. (initial National' 8-30 9-16 ' 5% Pressure common (quar.) National 8-31 v 9-12 $3c preferred (quar.) > $$1.25 (quar.) —25c. Macy (R. H.) & Company -—r~~. 40c Magazine Repeating Razor Co., com. (quar.) ' 25c ■'4""'V; • Extrar"'' ^ MaCkintosh-Hemphill new "^ Products tTAen Share "4. ——— , 30c ________ Oil! National 9-13 9-25 25c •• ______—_ National 10-15 - (initial) preferred initial 4%% 11- 4 11-15 ♦1.50i • 8-30 • 9-13 $12 %c Common 8-30* 9-13 'p15c 37%c • Name of Comvant Linen Service (stock dividend— National 15o ( . of Re0, Per .»>■ : ______ Holder* Payable- Share' l<ouisiana Land & Exploration— Increased quarterly „ When Per .•» * COMMERCIAL & FINANCIAL CHRONICLE 9-15 8-31 3c 9-;e 9- 5 ' 0 THE COMMERCIAL & FINANCIAL CHRONICLE 0/ Kea. Extra - ' Co., common (quar.)—4«>o preferred (quar.)_ —; $3.40 (increased)--—-preferred (quar.)- Scovill Manufacturing Co. Electric, 3.35% Scranton Lace Company————-—i—— Service, com.^ 17%c Scranton-Spring Brook Water , &uc fr*14 . Common (increased quar.);———.—.—.. yv ISC. 5% preferred A (quar.)«—-——------ v * Seeraan Brothers,,-Inc. (quar.)—250. Selberllng Rubber, common—--i'-—------ * • 250 4%% prior preferred (quar.)———-—$1.13 5% class A preferred (quar.)— • $1-25 Seiby Shoe Co. (quar.)————1*%° Semler (R. B ), Inc. • ■ 25c Serrick Corporation Class A (quar)< 23c v, 9-1 8-31 9-16* 9- v Class B ; - - ' 9-9 8-24 10-1 9-20 25c IP- 1 9-30 9-30 9-16 common——— 59/|c preferred (quar.)——--——— Optical Co. (quar.)——— Ltd. (irreg.)_; —— Signal Oil & Gas, class A— — 4%% ,f50 Shurorr Breweries, Sick's Class B —— • 40c 5% Simon Simmons Company Extra - (quar.)_ 10- 8-23 8-23 9- . Smith-Alsop Paint & Varnish— - 7% Smith preferred (quar.) — vAlexander; & Sons Carpet Co.— (quar.) —— 87%c — — 20c . (Howard) Paper Mills, common—— preferred (quar.)—_—————_— Smith (T. L.) Company, common vtc—-— 6% convertible preferred (quar.)—— Socony-Vacuum Oil CO— — Smith Aircraft Co.—-—— ^lsc 13%c - 5c 31%c 12%c conv.. 4 Co. —-—— Works— .* Stock dividend, (two additional shares for each three shares held)—— — Manufacturing Soss South Bend Lathe south :4 875> .4.. Rico Sugar Porto Extra South (quar.)— 6% Calliornia Edison— Canada ' , 9- 11-15 Union 9- 6 9- 9-30 9- 9-16 $6 y; 8-15 $3.75 9 99- 9 10- 1 1 y 9-16 10- 10-15 9-12 —;——y o5c . 183/4C (quar.) (increased)— (quar.) 9-16 Oil Standard of Indiana —- 8-15 Standard Oil of Kentucky , Extra 9-14 Union : Co. * 9-11 —- y 50c 9-14 9-30 9-16 9-12 8-31 9-12 Coal —— 30c 9-10 8-31 pfd. .(accum.) Ltd.— & (initial Company Mining Co. 20c (quar.)—————— Extra 5% ■ preferred (quar.)— preferred (quar.) preferred (quar.) ;— U. S. Graphite U. v: s. & Company (quar.) !-—.——Sylvania Electric Products/common——— .Swift preferred (quar.)————-—-—— Sylvania Industrial Corp. (quar.) Sylvanite Gold Mines, Ltd. (quar.).—— Tacony-Palmyra Bridge com. ————— $4 Cjass A preferred (quar.) Talcott (James) Inc. com. Extrn 4%% » — preferred (quar.) 9-16 9- 5 12-16 12- 5 9- 7 10- 1 10- 1 9- 9 (quar.) —^ ———'—; _ 9-14 9-18 9-20 8-31 (quar.) 9-13 ?9-15 8-15 1-2-47 12-26 convertible 8-31* 12-20 9-14 10-1 $1 Co. —: (quar.) 10- 1 9-14 9-14 8-15 . J lOr. 9^10 8-2T % 10- 1 75c 9-10 9- 3 10- 1 9- 6 $1.25 10- l —4 9- 6 ,, 9-16 10- 1 9-16 9-24 25c . 9- 9 10-1 yV'.'V';'; $Iy 9-10 10-15r*J"" 9-30 t25c 10-1 9-3 $1.50 9-30 9-16'' Inc.——30c 9-10 8-31 25c Ltd. Line, Inc.—' Wilson & 9-18 12-18 $1.50 (quar.)—————— Co (quar.),—————— Willson Products, 9-16 1-2-47 25c :. ——— Motor Company, $4.50 preferred (quar.)— $1.06Vt 10-1 9-16 $1.50 10-31 10-15 9-16 8-31 Wisconsin Electric Power Co.— 6% preferred ^quar.) — Wisconsin Power Si Light, 4%% Wiser Oil Co. .Extra Woods Steel Co., 7% 25c 10-1 % 10- .1 Transportation 9-10 9-10 150c (quar.)— (qhah) 9-20 9-30 10c Ltd. $1 (quar.) Wdodwdrdr & Lothrop com. 7% preferred (quar.) World $1.12% —15c pfd. (accum.)— Manufacturing Co., Woodley Petroleum 4 pfd. (quar.) Ll——— (quar.) ——— Wood (Alan) 11-30* 50C —— f i. t20c (Increased) prior preferred Paper Extra Worcester 9-20 1 40C —-—.— — U. S. Plywood Corp. 4%% U. S. preferred Potash Co. A 4J/a% pfd. B — —- v.- — 9-30 9-14 • 9- 9 8-31 Worthlngton Pump & Machinery, common— 4%% convertible preferred (quar.)——J 4%% convertible prior preferred (quar.), 9-16^ 9-27 9-16 9-30 9-20 25c — 9-27 20c Associates—— 50c $1.75 ■ ; Publishing Co. (quar.) 10- 1 ———*. $1.18% 10- 1 -4—: 9-16 9-3 , $1.50 (increased)—.— common Cab Co. 9-10 ^ 8-31*' 37%c 9-20 9- 3 $1.12% •$1.12Va ; 9-16 9-16 9-3 9-3 25c 10-1 9-20 $5c 10- 1 8-22 15c 10- 1 9-0 1-1-47 12-20 10- 1 9-14 9-9 9 8-19 Youngstown Sheet & Tube U. $1 9-10 8-9 Youngstown Steel Door 9-16 9-3 Zeigler Coal & Coke Co. 9-16 9-3 Zlon's 8-30 9-14 8-30 S. Steel Corp., 7% non-cum 10-1 8-30 U. 9-20 tJnlted 1 9-20 9-19 8-9 10^ 1 8-16 9-30 9-16 9-30 9-16 9-18 9-14 . 9-14; ,9-14 common U. S. Tobacco Co. 10- - - , , 8-19. 9- 9-14 10-1 » _ (San Francisco)— $2 5% 8-15 1 (monthly) (quar.) Manufacturing Co.— $1 9-16 10-1 Yellow Towne 62 %C 1 10-.1 i St U. S. Rubber Co., common (increased)—-8% 1st preferred (quar.) ——.— 9-25 .11- Jr. Co., Wrlght-Hargreaves Mines, Ltd. Yale States Printing & Lithograph Co.— preferred (quar.)—-—, — Wrigley (Wm.) 8-23 9-10 10- $1.12% 4 United 10-1 10c 9-13 10- 1 ; ZIZ1I—-— - U. S. Playing Card Extra 9-10 9-30 75c _ 10-1 22 %C (initial s-a)—^4--. 8-23 9-28 56yic- 9-6 ' Quarterly 5 9- 9-10 $1.25 " 15c ——,—»— 9-30 10- 1 400% (quar.) (quar.)—. common—^ 9-3 - Ltd. 2- 1 9-30 $1 $1.25 ' 75c « .5%% 9-19 40c - 9-17 40C 1 25c $1 25c, t3c ; , 9-20 $1.75 (quar.)- pfd. 10-10 50O U. S. Pipe & Foundry—• 4Y2% 7-1-47 6-16-47 50c (quar.)— l.— Instrument Co. 4-1-47 3-17-47 50o —-— preferred ^(quar.)--———.4——-— '• Leather Co., class A 9-16 12-16 20c of N. Y Gypsum Co., common 7% U. S: 1 $2.50 Co.————— U. s. Guarantee Co. 9- 6 $1.25 — 2-1 11-1 4, $1.25 Wilsil, $1.25 United New Jersey RR. to Canal (quar.) 11-15 2-15-47 Wichita" River Oil Corp., common (initial)— 1-2-47 10- , ' 11-1 75c ; - Wilson 9-13 20c $1.25 8-31 9-12 10c ——— 10- 1 $1.25 9-10 9-20 Super-Cold Corporation (initial)——— 10c Superior Steel Corp. (quar.) :-. — 30c Susquehanna Chemical, 5%% pfd. (s-a) —$2.75 Sutherland Paper Co. (quar.)—40c 10-1 50c (quar.)——— preferred (quar.)——— 5% (George 9-16 $1.25 11-15 $1^5 2-1MW 25c White quar.)— U. S. Lines Co., 10c —- 10- 1 V 25c Electrical - * 9-16* Westlnghouse Air Brake. Whitaker Manufacturers— 9-16 25c 25c 35c ; — Sunbeam Sunshine : 9-10 10- 1 Westmoreland, Inc. (quar.)..——"——— $5 9-10 9-13 ' —— Wheeling Steel Corp., 1 25c 75c (quar.) Co. 10- $1.75 — —— 10- I * common Weyerhaeuser Timber 9-15 37c 25c "* ' 1 (quar.) Western Tablet & Stationery, 5% preferred (quar.)— 5% preferred (quar.)-^. 9-16 Corp.—————4— Illuminating A Weston - ■ (quar.) preferred Weston (Increased irreg.)— 11-30 25c iquar.)—— Corporation Sundstrand Machine Tool—; Sun, Oil ^ $1.25 ; 50c 40c 9- 3 9-13 . Strawbridge & Clothier, $5 preferred (quar.) Stromberg-Carlson, 4% conv. pfd. (quar.) — Strouss-Hirshberg Co. (quar.)—— —— Struthers Wells Corp. (quar.)_ -J— 5 10- 1 —— .; 10- 1 $75c Cos. 1 10- 8-30 • $1.50 75c (quar.) 4 preferred A (quar.) $5 9-14 10- 1 , Co., common (quar.)— $5 9-14 $1 Common 8-31 y 75 c ■——_i4—w: 12-12 y. Western Pacific RR. 8-27 r (quar.). West > 10-1 . 9-13 $1.12% preferred $6 8-27 9-16 : Utilities, 25c yy 9- St 9-18 10- 1 - 1 , ■ 8-23, 9-30 22%c — Virginia Water Service— 4 $4.50 preferred (quar.) $1.25 — (stock dividend)— ' of Westvaco Chlorine common preferred A 8-31 f 10- 12y2c . 9-1 (s-a)._ > 10-1 20c , —— Texas 9-15 y,;;,25c'- ■ - Fargo & Company, 4% % pfd. Extra , $1.50 * — 8-27 9-16 5% „ (irreg.)——— 25c : Cigar-Wbelan, $1.25 prior preferred- Common y 11-15 Wesson Oil 65 Snowdrift (quar. )4*»44^.4«— y 8-27 • , , (quar.)--—-——-, Dyewood Corp., 7% 5% - 8-27 8-27 9-15 (quar.)— Electric 9-30 10-1 (quar.) Wellington Fund, Inc. share .Products, 8-30 Stokely-Van Camp Inc.— 'v ■; : 545> prior preference (quar.)--—.——25c Stratford Pen Corp., common (initial)— 10c Common ——— 10c 9-25 20c (quar.)— Corp.— (quar.)—:— 9-13 — 8-31 9-20 ,r $1 — Products Theatre vy 4c — ————; (quar.) United Merchants ■ Fuller Co. Stock Fund 8-31 — preferred Waukerha Motor (quar.) y-ry.--.4yy. 9-25 Fastener United Gas 8-12 11-15 12^ 2 9-10) • •- 9-20 preferred 6% 12- 2 $1.25 y 4 28c United Fuel Investments, . 9-25 — $1.75 United Elastic Corp. 8-12 10-15 — 8-27 United 5 25c » 9-25 United 4 Incorporated 5% United 9-16 1 <quar.)_ $1.75 8/1000ths 9-16 3 y — — (s-a) preferred $6 9- 3 : 9-9; 10-15 : 10-15 11-1 West Virginia Pulp & Paper^—• Aircraft y,: 9-20 9- preferred 5% Washington Water Power— ill; 9- 3 f y 11-1 ^ 62%c 4-$2.50 5% 3-27 8-31 11- 8-20 1 ,9-12> 4 10- 4 33%c 9-20 United Chemicals 8-15 1 ' 37%c y . 10- 1 9-12 1 10- 1 - Washington Railway & Electric Co.— 9-12 9-10 10- 8-29 y 7c Unlted-Carr 8-30 10-15 (initial). $1 United Carbon 5 9-10 f- (quar.) West Artists y. 10-15 . common 8-27 9-14 10- 6 9-12 y 9-23 8-30 9-16 New 8-27 35c 15c 25c ■ 9- 1 9-23 8-16 8-13 9-16 - 9-25 v——r-—— 9-I6' $1.37% Warren Brothers Class A (quar.) 4 ,Class B (quar.) Class C (interim)— 6 , ' ■'« 9-16- 15c ; —— (quar.)- : United 9-16 8- 9-14 9- common y "C"_————— 8-16 f$i 9-20 Fund 4 8-16 9-14 . 9-20: I Warner B rothers Pictures—. Wells -V 9-12 $1 8- 9 * —— Baking Co., 6%% preferred 9-6 9-16 / . "B"———— 40c , 9-20 United preferred (quar.) —_——93%c Standard Paving & Materials, Ltd.— v v r. Participating convertible preferred (s-a)_ SlVtC Standard Steel Spring— 4% preferred (quar.) 50c Standard Wholesale Phosphate & Acid Works (quar.) — — ——--— 60c S+edman Brothers. Ltd. (ouar.)_— tl5c Stecher-Traung Lithograph (irreg.)„—• — -50c StercM>Brothers;Stores, new common ,(qju%r») V 12%c Extra t—— 75c Common (quar.) —:———— — 12y2c Baer & .. 9-10 4. Gooderham & Worts Ltd.— (quar.) .Common 9- 3; 10-1 Ward 9-16 10- . (H.) 8-16 8-16 • 35c 9-16*' 9-16 — 9-20 9^ 9-14^ - Ji5c 9-25 9-10 (increased quar.) Walker 9-19 10- 2 $1.50;; (quar.) common ——— (quar.)—.— 17c United 6 9-30 (quar.)— 20c common Special 8-31 9-16 I Ltd. , 9-10' 9-14 , ^ 5; 10- 10- l $$$ . ., 40c Union Wire Rope 10-11 9-30 3%% Sterling. ■ -—..y.. 10-19' 9-10 9-30 10- (guar.)— 9-20 $1.75 Wamsutta Mills (quar.)—4.—50c '; Special, 4' $2'.., 10-1 9- 9-8 $1.50 , Waldorf System; Inc. 9-12 y 9-20 * 9-15 9-15 ..... ■ 9-14 9-20 I 13Vic . 50c . —4——. Bond Special 8-31 9- i 5-1-47 4-15-47 8-l-47 7-15-47 , Walgreen Company, common (quar.) •4% preferred (quar.)———— 6 >: A Walte Amulet Mines, 6 9- 1-15-47 37%c — 9-6 9-10 Fund 9-10 Standard Oil Stix Co., — Bond 37%c C_——y of Ohio, common— ^ Special 4_ —Z Union preferred Stock Fund——— 8-31 9- ' 6 9- 9-10 2-1-47 Extra y—75c Wagner; Electric Corp'. (quar.^ * 50c 8-30 K 37%c B Wacker-Wells Building C6rpr -(s-qV.:: 9- 6 8-30 9-25 15c $1.50 t (quar.)— yy; 8-31 9-15 " 11- 9 9- 8-30 10-131 . 37%c —— Special Union V 9-15 Class Class 6 10-1 (quar.) —4—,,03%C (s-a) ;yy" 25c • Wabasso Cotton." Ltd. t 9-20 y 9-24 , , ——— 8-26* 9-16 65c Standard Oil Co. of California ■Extra ' 8-29 9-30 po. 8-30 . " —1 9-16 9-16 —75c — common (quar.) RR. Sugar Union 9-20 ■ preferred Carbon preferred Union . 25c y 8-31 8-3It 9-14 5'1 1 9-30 - *9-10 11- 1 ; (auar.)..., 9-13 17%c ; ' 10-1 Extra J; $1 ; Union Trusteed Funds, Inc.— Union Bond Fund "A"_—.—— preferred (quar.)_. $1-25 9-16 y i ' Southland Royalty Co ———— 25c 10-15 ■y;^;' Southwestern Life Insurance (Dallas) (quar.) 35c Sparks-Withington Co.— ■ . 9-16 $% convertible preferred (qua,r.).—-—$1.50 Spiegel, Inc., $4.50 preferred (quar.)-——,$1.12y2s i 9-14 9-16 SDrague Electric Co__—c——20c 10^1 Springfield Fire & Marine Insurance (quar.) \ $1.13 9-12 yv; Squibo (E. R.) & Sons, common 25c 11-1 $4 preferred (quar.)———$1 Staley (A. E.) Manufacturing Co.— , 9-20 $3.75 preference (quar.)—————— 94c Standard Brands, Inc., $4.50 pfd. (quar.) _— $1.12% ,V 9-16 9-16 Common (quar.) ————$' 40c 10- I Standard-Coosa-Thatcher (increased) -—— 62y2c 9-30 Standard Factors Corp., common (quar.) _ 5c 75c (quar.) Preferred 10- 50c y 9-9 62%c (monthly) (monthly 1,r— Vulcan Detlnning Co., common 7% preferred (quar.)—, ; : yV - 9-9 10-1 37%c : 9-16 9-10 9- 9 10- 1 $2.50 —— 4 9-10 8-31 9-16 $2.50 (quar.)_ common y 9-16 944 ' $7c 20c 1 of California— 9-14 ■ • & *Mfg; Co., Pacific 4% <r;y 5% , ' - y. Corp.., 1 - 13%c 9- 1, 12-1 12-10 Vlsking Corporation— 9-16 * $-26 : v ——— 3 11-15 ■' 9-20 9-10 y 10- 9- 8-29 ' i > $1 . 10- 25c preferred A Union 9 9-25 Southwestern Gas & Electric—s , 2 3 50c y . (quar.)—— pfd. Rubber & preferred Union Oil 9-16 9- 9-25 37%c • $1 Southern Railway Co. (auar.) 75c Southern Union Gas Co., common —i—v 12%c 4Vi% preferred (quar.)————.—-$1.06y4 . — &' Paper (increased quar.J— Union Carbide 6 9-25 Southern Natural Gas Co. — Asbestos Union Bag Extra 6 9-30 J1 Co. Corporation Union Metal t$1.50 participating preferred (quar.)— (increased) Southern Pacific Co. (quar.)— 8- 9- 10- 11- 1 9-30 >4 / 6% .. 9-14 . • 9 9 9- 5 9- 9 9-20 — preferred (quar.) preferred (quar.) .i— preferred (quar.)— 6% . 9-2(T 1 y., ,9-10,. $1.75 . 6% 3 9- 25C Underwriters Trust Co. (N. Y.) (quar.)— S7%o i —- Ltd.—' Co., Power Underwood 8-31 50c 62%c , (quar.)—— preferred B Southern 8-10* f 9- 9- =■• 37%c $1.12% 62%c y 8-23 $2 preferred (quar,)——--— West Pennsylvania Pipe Line—•. & Atlantic Telegraph (s-a)__.—- Southern southern > —v,.; ' —. 9-15 3 1. 4: 4 10- ^ ' 3-27 - 'V • ,4 (quar.) Virginian Railway, 9-10 - ;• Viking Pump-Co., (Increased)50c Virginia Electric & Power $5 pfd. (quar.)— $1.25 '•9-30 9-14 25c $1 ; v — — 10- -k 25c 0 . Victor Products 9-15 : 9-16 $1.750-10 v 9-10 8-26 9-10 9-3 9-27 50c (s-a) 4 ,4—!^ preferred (s-a)——y 5% ; y, $1 9-10 ;y 1 9-20 * .Common 9-10 75c ; Tyler Fixture Corp., 5%% preferred g-15 9-12 4 62%o " (quar.)— pfd. Clutch 7% . 9-30 8-31 Twin Disc 8-30 9-16 ; y <4: r. , Company__„__-_,____„_„-._ Veeder-Root, Inc. (increased) 8-30 9-30 10- isc Viceroy Manufacturing Co:, Ltd. (quar.)-4— v Vicksburg Shreveport Si Pacific Ry, Co.-— vr 4 9- 6 —— conv. 5 9-16 (quar.) $4.50 prior pfd. (quar.)-^ 208 South La Salle Street Corp. (quar.) .4" u ; ; $1.50 9-28 12-29 1; V 10- ,ly;' 30c-10*^, 1% preferred (quar.)—. " 11-25y ; 5% $1.50 $25c t$1.50 25c• ■ „■ 8-31 9-16 (initial)— South Penn Oil, new common ; w 8-10 1-1-47 ; $2 :.';.yy , Oapor Car Heating Co., Inc.—. 3 10-15 Century-Fox Film com. j 8-30 . 10- 1 75o . 6% i',y' -y •' (final)——— 9-30 ; 9- 7% pfd. (quar.) $$1.75 (initial auar.);, 50c Ltd., Co., ,8-31 > 9-12 75o . (accum.)yi preferred Light Co!^.- Van.. Norman 8-30 9-30 J7%c —— — - Van; Dorn Iron Works (quar.) 8-26 9-15. 50c 25c y: 8-23 l»c Sonotone — (initial) •>; 9-30 15c Corp., com. (quar.)— preferred A (quar.)——— Corporation, common $1.25 convertible preferred A (quar.) 55c : ' ; 93%c 25c — 10-30 25c —— 25c ' $1 ; 25c $1.12% . ,10-21 +50c 20c ' Solar Manufacturing , Tobacco Twentieth 8-10 9-10 t25c , 4% Solar 9-10 y 60c —-—- —— - Tuckett 8-20 i 8-26 ^ 9-27 4^ — 8% Knitting Co.,* common -(guar.) 5% prior preferred: (quar.) •' receipts — Extra Common ' Extra—.: f 8-31 » 6 s 9-10 Tucson Gas Electric & Power • : 9-10* 9-20 30c (quar.)——— preferred $1.20 . 3 y.9-:9 :- 9-9 deposit of Rem, 9-15 vy'- Co. Utah yPoWer 9-ia. 9-16. 25a 25c . 10c e . Towmotor 9-10 9-13 9-13 9- 5 , (quar.)——— Corp. (initial)-——-—-—Traders Finance Corp., Ltd.— v -v AJ J ^ 4%% preferred (quar.) $$1.12% Travelers Insurance Co. (quar.)— • $4 Trinity Universal Insurance (Dallas) (quar.) 25c Transue & Williams Steel Forging—— >: 25c Tropic-Aire, Inc. 6% conv. pfd. (quar.)— 22%c Truax-Traer Coal (increased quar.) 30c r 8-15 9-13 9-25'.■• 9-15 Securities— Bolder* Payable 50c Utah-Home Fire Ins.' (SaltLake Clty> (quar.) ' $1.50 Utah-Idaho Sugar, 60c Class A pfd; (quar.)y-'l 15c ; 9-5 Shipyards Corp.— Tooke Brothers, Ltd. (quar.) Toronto General Trust Corp. 6 9-24 25C ,75c r 9- 9-16 $1.50 $1-50 — 8-23 9-16 9-14 8-31 Tobacco 9-14 Upson-Walton . Todd '•' ; - 8«*26 4 9-14 10- iy. 4 $1.02%^ -10-yL. 500 .10- Ik 9-16 ■"; 50c — 3 9-16 8-31 : •';""I • , (initial)— Upressit Metal Cap, 8-31. 9- 9-14 8-31 1 9-12 25c 10c Inc. , 8-31 ' 1 9-10 9-16 12- 2 American $1 . 9-1 8-31 y When : 50c Utlca (s-a) Company Corp.—— common .. 4%% preferred A (quar.)— Tide-Water Associated Oil— $3.75 preferred (quar.) Tilo Roofing (increased quar.) Time, .Inc. (interim)Timken-Detroit Axle Co., new com. Tip' Top Tailors,, Ltd. (quar.) 1 9- 1 ; 1 10- +®i*2S (quar.)—.— (quar.) »—• Sloss-Sheffield Steel & Iron Co.— V 10- 4 & Zook Sloan - $75.48 , , — „— •Skilsaw, . 9- 9-15 9-14" ; &>Qc ?30c *20c ——— — Manufacturing Co. Singer 25c , : juuipiiciuy Patterns Co. (initial)-.———— Simpson's, Ltd., 4%% pfd. (quar.)—, 9-20 9-15 9-15 «>oc (increased) Steel & Saw sue yy . particpating preferred (s-a)———— Ltd.— v preferred (quar.)—— (Franklin) & Co., 7% pfd. (filial)-: S"monds ; 8-26 yy, —--- y 8-30 ! Signal Royalties, class A (quar.)- v Silknit, Ltd. 5% pfd. (quar.)———— V, Silverwood Dairies, Ltd., com. (accum.)--— Silverwood Western Dairies, 9- 5 " 9-30 y 10-1 * $2.50 Thermoid Per Shore' - Upper .Michigan. Power' & Light— $3 preferred (quar.)—f $3 preferred (quar.). 9-14 Thompson - Products, Inc., common 4% preferred (quar.)— Thrifty Drug Stores, common 9-16 Sneilmar Products Corp., 1 10- $1.75 (quar.)——— (DeL) 9-13 (quar.) —-15c (quar.)———— $1.75 preferred $5 9- 3 9-16 IOC Land; Co.. (quar.),_-—— & New r >.8-9* y 9- 5 :'l Thew Shovel Co. 7%.pfd. .9-14 $1.12% preferred (quar.)—------' Oil 1 9-14 Match Universal Products Co.— 9-13 , 8-29 «35c. Thermatomic Carbon Co.— 9-11 9-28 Inc"$4.50 Servel, : Texon 10- $5c y-i—--——-————■——-—■ Texas Public Service 8-24, Steel Corp. (quar.l---—35c Fhattuck (Prank G.) Co. (quar.)— 25c Sheller Manufacturing Corp.——-———— "%c Extra, .. . , •yy„, 5'c f,- ; - ..preferred (quar.)— Texaa Company (quar.) Texas Gulf Sulphur (quar.)———— 8-3t 9-14* 9-14 1' 25c 1 Tennessee Gas & Transmission Co.—r. iv 8-30 9-11 . 10- 25c (quar.) Corp;* y Universal .' ' i: :> -4.10% 9-14 .10-1 j&naron ■ Tennessee Bame of Company . 9-13 25c ; Telluride Co., T.%. preferred (quar.) lOr 1, '■9-14 ,9-14 10- 1 -• IOC - . - v 9- 5 9-16 r « ; 1 10c Corp. —— Telephoner Bond &'Share Co,— y v:- ,- yy , 7% 1st preferred (accum.)—— '■'MO. $ 50c • Telecoin 3 •', 9-10 9-10 1 10-1 I *, 8-26 9-16 • - 15c 8-15 10- $20c (quar.)—;— ' common ' 0/ AM. 9-13 50c — — — Holdert 'Pat/able- . 4% preferred (quar.)——————— Tampax^ Inc. Tappan Stove — Taylor Instrument Cos.; ——42-. Teck Hughes Gold. Mines (interim)—. Tecumseh. products Co.—— — • 9 9- : -200 f ^ 9-10 Co. (quar.) __———— Acceptance Corp."' • Sears Roebuck & Securities 9" 3 • .9-16 4.10% preferred (quar.) —$1.02/2 Seaboard Oil Co. (quar.) .r——.j 2°c 8hare • r , Extra- 10-19* 1 10- 1 : Coptpar^ ■■ 11- 1" 83%c Scranton 8-30* 10- sue . 9-10 9-12 12}|° »—• — Talon, Incorporated Tamblyn (G.) Ltd., f 9-14 Scott Paper Name bt 9-10 9-14 When Per Hoiaar* (quar.)—-.,,.—-— Lock Co. Schlage When Share Name of Company (v Payable Per . • Monday, September 9, 1946 S. Trust United com. pfd. Co. (N. Steel" Corp., Steel .& ——— Y.) Steel 25c Unlversal Laboratories; Inc.— Quarterly Quarterly ; 10-15 10- 1 9-30 9-16 Corp. * 4 8-31 9-11 9- 3 75c .75c 9-15 12-18 9-8 12- 5 15c 9-20 9- 9 Institution—-—— 1. —— —— ; *tiess 30% Jamaica Income tax* ♦Transfer books not closed for this, dividend. tPayable in U. S. funds, less 15% " jr 8-17 9-16 * 15c (Irreg.)_ Mercantile 9-15 25c —— —————— Products 75c 9- 3 40C — 1- 9-16 50C (increased): (increased) Quarterly Zonite 9-6 30c —— (Increased quar.) - 8^30 9-14 common"4 Cooperative Quarterly 9-16 15c 4% preferred (quar.)———— Universal-Cyclops 1 9-10 tl7%C -— (quar.)— United Wallpaper, Inc:, ,com. 10- $8.75 „ — (resumed) Wire Co. 43%c - (quar.) Ltd. 30c —— —— (quar.) New 25c 25c ; 9-16 % 9-3.:' 12-16: 12- 2 Canadian non-resldenta' tax. : in Canadian funds, fax deductible at the sburceyv Non*; resident-tax 15%; resident tax., 7%. a Less British income tax. . tPayable . •' -ty ? /■ 11 ' i.' "t'KWMEt-H 11 '*i?1 », »*(i b+%. iVohnne 164 •'« fi-v/;- ,.;f ti'A VK ,,t 'J; j> wri«rt« *>. I t/y ■■ V ■ tLJu/* M"? *x » ihrrt1rW»w*si<r. ot&i4w ''t-V iiT kw*i< THE COMMERCIAL 4 FINANCIAL CHRONICLE- jf 1369: State and City Department ,'jj J.. , i Number 4523 • 9tJUI«0«.Ha 'JAItiiMKM £ JAWZEIAMOO 3' ; , Je-s..', * w < A * i ^ ( BOND PROPOSALS AND NEGOTIATIONS ARIZONA vr, r ■ Holbrook, Ariz. -j j. ;•,.? : Bond * 585.18 of old securities out of the "An $454,279.57 outstanding. '■ .{;1 .• ment trict Sale—The $61,000 re¬ funding bonds offered Sept. 4—v. 900 164, cash . p. 1129—were awarded to the First National Bank of Holbrook. Due July 15 from 1947 to 1954 inclusive. ." • * •' on • (P. O. Phoenix) Ariz. Bond Sale—The $12,000 school bonds offered for sale on Aug. 26 164, —v. 599—were p. tioned awarded for of ; sue $295,000.00. on 1946. payable J-J. * 3y2%, for the first 2 and District them send years. ably voted at Aug. 13. the to , \ • Bonds is must Sept. 24, 1%% an San issue of Francisco $1,000. clusive. Bonds " ; held' Voted—At the 000 of : Bonds time the the a the Court city directed The Town Defeated—At / the - its Tampa 1 Sept. The company sealed bids at its of¬ fice, Market and Montgomery St., San Francisco 20, until 9 a.m. (PST), on Sept. 17 for the pur¬ chase of $3,050,000 various State and municipal bonds. The com¬ pany is conducting the sale in the capacity as agents. FLORIDA Diston Drainage District Hendry County, Fla. Refunding Nears Completion— Writing under date of Sept. 3, A. B. Morrison & Co., of Miami, ad¬ vise as follows: Y";4 \-'c '/ „ ,«• "Please be advised that 29 the District on refunded Aug. $388,- were v;-;7. ■ ' Election—At Sept. 18 the the voters provement. ' v- . , election will con¬ bond issue school $200,000 and : an following proposals: struction ': 7 ' Cedarstown, Ga. . Bond on / / ; issue of check of the Bond for not amount of less said , than ' issue, - Offering—H. A. V Norton, Secretary of the Parish School Board, will receive sealed bids > until 10 a.m. on Oct. 1 for the purchase of $275,000 building ant The street Bonds Defeated—It is stated by the County Clerk that at the elec¬ tion held on Aug. 24 the voters rejected the .proposal to Mssue ,"s * Charleston, ///.r * Bonds Sold—An 000 water revenue issue of $140,- bonds was sold on Aug. 13 to Paine, Webber, Jackson & Curtis of Chicago. , will at be submitted election an to the voters 1 , to Offering—Sealed bids will $400,000 has received (P. ; O. Bond 106 until 8:30 (Ha¬ a.m. County, for the purchase of $760,000 2%% coupon refunding, 1946 issue bonds. Denom. $1,000. Dated June 15, 1946. Due lows: June on ■ . •. 15, as .v.; .' V. ? ■ Approved—An to legality by Charles & Trau- composed group of dated are of Almstedt $201,000 k 2%% inverse 30 days order at any published and accrued Prin. interest and time notice int. to on date !(F-A) Capi¬ Trustee, Frankfort. Legal opinion by Stites & Stites Hart ' ■ V • County (P. O. Munfordville), n St. . $75,000 in 1947 to 1955, $85,000 in 1956. .Bids will and be received at. the office of the Chemical Bank & Trust Co., New said up date. Bonds $60,000 was recent port. of to 3:00 p.m. (EDT), on Principal and interest the Honolulu, City orat Bank & Trust thority are of and enue refunding bonds/ was pur¬ chased recently by Stein Bros. & Boyce of Louisville. Denom. $1,000 $500. Due on Dated March any 30 days and Sept. in 1 Callable on 1, 1947 prior to 1946. to 1962, maturity interest payment date on published notice at 103 accrued' numerical bonds " t "V issued an Chemical Co., New York. The under Act of the the au¬ Con¬ gress of the United States entitled: V issuance of interest/' in order. Prin. * inverse and int. by the voters at election, according to a re- y/v Bonds Authorized is said to — have Bond will of be Home The City voted to issue $556,557 sewage system and disposal plant bonds. Offering — considered Trustees, until Frankfort, III. ^ Life 11 a.m. at i:; Sealed bids by the Board 714 Kentucky Building, on n-./ { Seneca Gardens, Ky. improvement bonds .. Council Sept. Louisville, 16 for the purchase of $54,000 sewer bonds. Dated Oct. 1, 1946 and due on Oct. 1 from 1950 to 1974 inclusive. The bonds are subject to prior demption. re¬ . West Jersey Community Cons. Sch. Dist. (P. O. Toulon, R. No. 1) III. County of the road West payable at the office of the Treas¬ urer Voted—The approved ■ also . St. Bonds Voted—At tion the voters a are to $100,- 000 school site purchase and bonds. LOUISIANA Acadia Parish, Egan Drainage Dist. No., 1 (P. O. Crowley), La. recent elec¬ reported have ratified the issuance of struction chase of con¬ Bond will be Offering received — Sealed until 4 bids p.m. on on $10,000 bonds. * ' ' school coupon •'/-•£/■'■7/' •'•ii/.vp.:w.v, ; , Oct. 3 for the pur¬ " - • . • ;.:7' . -:sy! Rapides Parish (P. O. Alexandria), La. Bond Election—At / election an Oct, 2 the voters will consider issue of $270,000 school build- on an ing bonds, ■ n-./ » >"■ nV-/ Sl/SKI MARYLAND Kentucky lf Bonds Sold—An issue of $48,000 2 %% coupon, school building rev¬ of Louisville. The July 1, 1946. Anne noon of able at the Farmers Bank & tal Trust Co., of Louisville. until pay¬ Anne), III. Louis. Offering — H. M. Wells, Secretary-Treasurer of the School Board, will receive sealed bids 103 at 1 , Bond $1,000. Dated Aug. 1, 1946. Due serially from Aug. 1, 1947 to 1964, incl. Callable in (P. O. Alexandria), Rapides Parish, La. Denom. Township (P1. O. St. Poland Sch. Dist. No. 55 construction (M-S) payable at the office of the County Treasurer. The bonds are subject to the approving ■ legal opinion of Skaggs, Hays & Fahey fol¬ ;/, furnished to the purchaser at the. expense of the School Board. En¬ Commonwealth of Kentucky Mil incl. Murphysboro), III. Legality waiian Standard Time), on Sept. 12, by Wm. Chun-Hoon, Jr., Treasurer of the City and and 1954, $19,000 in 1956, $20,000 in 1957 and 1958, $21,000 in 1959 and 1960, ; and $22,000 in 1961. The approv¬ ing opinion of Wood, Hoffman, King & Dawson, of New York, on the legality of said issue will be been . be 1953 1955 and ' and Jackson County Sch. Dist. No. ernicht 'c ■ 15, as follows: $15,1947, $16,000 in 1948 to 1950, $17,000 in 1951 and 1952, $18,- Kan. a due Feb. are North East, Md. „ scheduled for/Oct. 15, it is reported. as (City and County) District, exceeding Aug. iy, Denom. $1,000. These bonds 1946. KENTUCKY : Georgetown, III. $50,000 street improvement bonds im¬ HAWAII . sold, call. issue of $100,000 lJ/2% and 1%% school bonds has been approved Hawaii School amounting bonds. ' con¬ $90,000 — Bonds Sold—It has been advised that an issue of construction bonds tion County (P. O. Greenville) III. » . Honolulu bonds , ILLINOIS Bond , 736—were p. GEORGIA 1 of Chicago, Calcasieu Parish School District No. 23 (P. O. Lake Charles), Louisiana / Bros., the Bankers Bond Co., and Stein Bros. & Boyce, of Louisville, is offering for general subscrip¬ Bond Election—The issuance of York, Island Glades and of - rejected. Dated May 1, 1946. Due May 1, 1947 to 1966, incl. t*'7'> Francisco), Calif. 164 all bids received as Syracuse A $4,000,000. on Bond will receive handling the Sold—The $1,000,school bonds offered 3—v. not sold bonds. Wells Fargo Bank & Union Trust Co. (P. O. San Cutler, itary Department Armory close a certified check for principal, interest and sink¬ 3% of the amount of said ing funds for bonds, issued for .y/yCorporation bonds, payable i- Bonds Offered for Investment— -to the other than highway School Board. purposes, is Not coupon on Aug. 23 the voters ap¬ the issuance of $220,000 — McEVen of (P. O. Fort Myers) Fla. Bonds 000 same transcript / and County Special Tax Sch. Dist. , Offering firm •& in of tax law Mariscano attorneys No. aggre¬ County, Yuba City Elementary Sch. Dist. (P. O. Yuba City) Calif. Bonds Voted—At an electiop Bond to Commission has ap¬ the debt $250,000 county hospital bonds. ' Lee .f Sutter . the-town ; Aug. construction three- while nearly six was bonded the general fund, the special school fund, certain man¬ datory items of the general fund mile, bonded debt problem. " 2% Harper, Kan. including of the city, with certain portions excepted, to pay the bond debt. / sider on is held more _ as bonds. held municipal ; town square the City and County. The real property tax levied against tax¬ able property in the City and County for the City and County requirements for the year 1946, property within the former limits Tilman, gating $270,000 did not pass as they failed to receive the neces¬ sary two-thirds approving major¬ ity: $20,000 sewer improvements; $75,000 city hall;; $45,000 police station; $35,000 fire station,-and $25,000 municipal bus system proved whose of said upheld election following bonds of call water bonds. certified November general election. Sold ' T will be furnished to the purchaser without cost to him. Enclose a • ratified by an never and of 20 the voters ap¬ proved the issuance of the $80,on was pointed Monterey Park, Calif. Bonds it after 1, = 1972 are subject to beginning Sept. 1, 1971. \ '•: Election—An Bonds • result payable to the District Treasurer. ; ; Aransas City, Kan. , I Bond interest opinion in in¬ Sept. * & 000 is ty circuit court decision recently by the State Supreme on $100,000 maturing approving Chapman interest it later declared invalid be¬ was that Im¬ Sept. 1 from 1952 to 1976 on of premium. A certified and the $350,000 War Memorial municipal hospital building bonds will be considered by the voters at the subject to taxation in said City/and County may be levied miles square, but a Pinellas Coun¬ $2,500,000 Due y Y. accrued lowest net interest cost to the District without consideration KANSAS/ <•.»* and par specifying rates which in the in Area provement Act of 1929 (series B) bonds. Dated Sept. 1, 1946. De¬ nomination to. pay and Co., of Chi¬ price of 100.27, 1.345%.' Dated a about ,'Vi.vVv'• ^ be ject to City and County taxation, it being specifically provided by over fourths will Harbor of , cessful bidder. The bonds will be awarded to the bidder offering 000 ; a.m. any Trust l%s, at basis a interest payable at the Treasurer's office, or at bank specified by the sue- District equipment bonds, not 4% interest. Dated appropriations, Largo. Bonds of the issue by others bring the total to than $950,000. * (State of);. I Offering — Charles G. sell at public auction at 11 Northern as cipal and June $1,000. July 1, July 1, 1965. cago, as 1 $2,000 in 1948 and 1949, $3,000 in 1950 to 1966. Prin¬ following bonds amounting to sufficient to raise the sum of $113,000, and $4,000,000 annually, out of which authorized at the Aug. 6 elec¬ said annual amount so raised pro¬ tion, have been sold:vision is required to be made for $63,000 sewer. the payment of the principal and 50,000 swimming pool. budget election, California Treasurer, the levied upon all property within said City and County sub¬ ... functions reverted to the Town of system purchase bonds was au¬ thorized at the Aug. 28 election. State interest Dated Oct. on ter er ' 2% 1946. semi-annually from 1947 to County. of Denomination erty cause V Due rev¬ the limits prescribed by the Stat¬ utes of the Territory of Hawaii show why payment of a $400,310 in an old bond suit arose Ark. CALIFORNIA bonds 1946. , exceed Due obligations issued by the old City of Largo, whose char¬ a Bonds Voted—An issue of $262,000 water works system and sew¬ Bond and , * follows: to Sept. 15, 1946 and due on Sept. 15, 1956. Second high bid of 100.18 of said 1.40s was bonds and made the interest for by Paine, thereon ad valorem taxes within Webber, Jackson & Curtis. held 1, 1946, and 1, Territory of Hawaii that ad va¬ lorem taxes against the real prop¬ stated approved without Oct. $125,- not park the Acts of the Legislature of the 47 single dissent the issuance of $20,000 2V2% street paving bonds. Johnson, obli¬ , $1,000. Dated Controller, will receive obligations of the City and County and for the payment City Mena, of the City and Rit- 000 County, cause . ter, City F. binding by stated in news reports. The suit, Attorney, which had been brought by L. W. that at the election held on Aug. Dempsey, New York^ bondholder, 27 the voters Nance, and should not be included in its 1946- \ Voted—It B. general City judgment : Marion, Ark. Cecil the Offering—Julius sealed bids until 2 p.m. (CST), on Sept. 16 for the purchase of absolute rects the Town of Largo to ARKANSAS i Bond bidders will be furnished with the opinion of said attorneys, that the bonds are valid and legally ' ' of sioners, for the purchase of $55,000 public improvement bonds. Interest rate is not to exceed 4%, payable A-O. Denom. Evansville, Ind. ■>/";■;/•//,' ■' Gary School City, Ind. Bond Sale—The $130,000 re¬ Hoffman, King & Dawson, of funding bonds offered Aug. 29— v. New York 164, p. 872—were awarded to City, and successful on. clusive. _ The bonds will be passed upon as to their legality by Wood, ■ , the are unconditional enues Dist. election and : : - 000 reclamation bonds > INDIANA Ha¬ payable as to both principal interest from the consolidated Agent, County Ritta Drain O. Clewiston), Fla. 1945, gations Williams, Ariz. [ Bond Sale—The $80,000 refund¬ / Largo, Fla. ' ing bonds offered Sept. 4—v.- 164, Federal Court Rules for Bond¬ p. 909—were awarded to Refsnes, holder—An order signed by Fed¬ Ely, Beck & CoM of Phoenix. Due eral Judge Holland of Miami, di¬ on July 15 from 1947 to 1953 in¬ i of approved waii, Bonds Voted—An issue of $430,was favor¬ the total as P. i . In addition to the above coupon • bonds will bear interest to than The First Clewiston, Clewiston, soon as possible." /of Hendry • . Exchange Bank July 1 in 1947 to 1958. Interest The urged to are the Due less Govern¬ a Territory pursuant to Sections 6067 to 6077, inclusive, Revised Laws of Ha¬ endeavoring to locate the remaining claims in order that the refunding may be complete. Any holders J of Diston Island Drainage District bonds or cou¬ Florida, 1, of amounts Provide the April 30, 1900, and acts amendatory thereof, and is now 2.25%. July odd to for waii," men¬ $230,payment of byv the Act . pons Dated amount $100, and paid off and retired $20,000 of the total authorized is¬ Refsnes, Ely,v Beck & Co., of Phoenix, as l3/4s, at a price of 100.10, a net interest cost of about to the by the issuance bonds, ■ Maricopa County Sch. Dist. No. 68 v refunded The Dis¬ Y. - ,, Bond Offering—Sealed bids will be received until 11 a.m. 1 (EST), on Sept. 12,; by John M. Smith, President of the Town, for the purchase of $150,000 coupon water bonds. Denom. $1,000. Due on Oct. 1 as follows: $2,000 in 1947 and 1948, $3,000 in 1949 to 1953, $4,000 in 1954 to 1958, $5,000 in 1959 to 1961, $6,000 in >1962 to 1970, and $7,000 in 1971 to 1976. Bidder to name of interest. the rate or Bidders must ; v; - ; ' rates bid f at least par for the bonds which will be awarded to the one posal lowest offers the whose pro¬ interest cost for the money borrowed. The approving legal opinion of Niles, Barton, Morrow & Yost, of Balti¬ more, will accompany the bonds without charge. A report on, and analysis water ed of the proposed system and of the anticipat¬ revenues general therefrom taxation and from , for necessary maintenance, operation and debt service has been prepared by Whitman, Requardt & Associates, Consulting Engineers of Balti¬ more, and will be supplied, upon request, by the Town Clerk or by said Consulting Engineers. A full statement ditions of the terms governing this and *. :: con- sale of Sept. 26, by Elmer Trumps, Presi¬ nent financial data : bonds, together with other perti- dent of the Board of Commis¬ concerning the • r, Ar-4 THE COMMERCIAL & FINANCIAL CHRONICLE 1370 'For 1.30 % Town will be supplied, upon re¬ quest, by William E. Roney, Town Cannon Newton, Mass 1 until received bids will (DST), p.m. Sept 11, by Clarence C. Colby, City Treasurer, for the purchase jointly $500,000 coupon street improve¬ ment bonds. Denom. $1,000. Dated Sept. 1, 1946. Due $50,000 from Sept. 1, 1947 to 1956, incl. Bidder .for name First registration to as the with accordance in est pro¬ General Massachusetts of Law (Ter. Ed.), Chapter tion 4. Principal and 107, Sec¬ interest at the First National Boston, except that in¬ payable of Bank terest registered bonds by check from the City Treasurer's office. These bonds are exempt from taxation in Massachusetts and present Fed¬ eral income taxes, and will be will upon be paid registered by the First National Bank, of Boston, Registrar. The approving opinion of Ropes, Gray, Best, Coolidge & Rugg, of Boston, Bonds will be will be furnished. about is to be made at time of delivery. No bid for less than par and accrued in¬ terest to date of delivery. ready for Sept. 20, 100.026 114% Bonds delivery on and payment or yY E. Swenson, City Clerk, that $30,000 Bank, State Union Sept. on Harrison Township the and curity Nationals Bank, Montevideo, jointly, as Se¬ both of a An issue of plant bonds defeated at the election held on Aug. 27. Carroll County (P. O. Carrollton), Miss. Bond Offering City mour, sealed — Is, at a price of 100.20, a basis of about 0.915%. Dated Sept. 1, $8,000 on Sept. 1 in incl. The second best bid was an offer of 100.136 Due 1946. to 1947 1950, Is, submitted by the Peoples Hinds County i(P. O. Jackson), Miss. until Nov. on receive will 8 (EST) p.m. purchase 1947 to 1951 incl. Oakland ■ XX-XXXX r "County (P* O. Pontine), Mich. . Tenders Wanted—The Board of County Road Commissioners will a.m. (EST) chase tenders sealed receive of until bonds, dated Nov. 31935, and due Nov. 1, 1958. Sch. Oak Dist., 1, Mich. Call—Harold R. Rogers, Secretary of the Board of Educa¬ tion, has announced, that all out¬ standing series A, refunding bonds, dated Oct. 1, 1935, matur¬ ing Oct. 1, 1965, are called for payment at the Detroit Trust Co., Detroit, on October 1, on which . Bond date interest Cannon Bond Sale Falls, were awarded as to legality by Charles & Trauernicht of St. Louis. proved as Winona (P. -O. -Winona), Miss. ^ Bonds Sold—It reported that $275,000 l1/2% and 2V2% school bonds were purchased recently by is incl., bids and were $6,000 as in 1956. Other follows: For 1 U% Bonds Allison-Williams Co. unlimited ad yal-; -jpeal property upon and have been ant to ithe authorized Local pursu¬ Finance Law. ; be and in such returned. check for the case accompanying his Enclose de¬ will bid certified a $5,000 payable to the ; are valid and binding oligations of the Garden City .Park Water .District. The ap¬ proximate time when the bonds will be delivered to the purchaser is , . City, that the bonds Oct. 1, 1946, and delivery will be made at the office of the Dis¬ Brookhaven Fire District (P. O. Treasurer trict such at or other W. Baying Agent The Manufac¬ — Trust turers Co., of New York, has been appointed New, York paying agent for sewer bonds, series. Bidder Int. Rate Rate Bid Newburger, Loeb & Co.„ Peoples-. National Bank 1.60% •ol JPatchogue„-w-__,r-._ Trust Co. 1.70% Manufacturers Kearny, N. J. " Buffalo Gibbons 100.486 & -Traders Co., George B. & Co., and WQigold & Co., .' . ChaSi of $222,000 storm sewer bonds is Francis being considered for sale. Hempstead School District No. (P. O. Hempstead), N. Y. New Brunswick, N. J. Bond Offering—John Snitz- L. City Treasurer, will receive 10 a.m.. on Sept. the purchase; of $116,000 building and equipment coupon or registered bonds, not exceeding 6% interest. Dated Sept. 1, 1946. Denom. $1,000. Due Sept. 1, in ler. sealed bids until for 17 1947 fo T956.^ Rate of interest to be in multiples of % or one-tenth of 1 %. Principal and interest pay¬ able at the City Treasurer's office. The bonds will be general obliga¬ tions of the City payable from un¬ limited ad valorem taxes. The E. I. duPont & 100.36 2% value to the 100.13 t the ae Offering same — Sealed Ripley, N.Y. bids Offering—Sealed bids will for all of the bonds. be received until noon (DST), on Principle and interest payable at Sept. 12, by Thomas J. Nelson, the Hempstead Bank; Hempstead. City Comptroller, for the pur¬ !The period of probable useful¬ chase of coupon or registered ness of the object or purpose for bonds aggregating $401,000, di¬ indebtedness is is The 30 years. be to vided - cation^ Bonds Voted —- An pon as of No. d Bond Offering—Sealed bids will purchase Sept. of $146,446 Bond Sale—The $12^000 refund¬ ing bonds offered for sale 'on Sept. 3—v. 164, p. 1000—were awarded to the First National ing - pf Plains, as to the Town 2Y4S, accord¬ Clerk. Dated Lynn, will . ries or \ fire Drted Due same . . received until 3 p.m. (DST), 12, by Frank Howlan, Ciity Treasurer, for the purchase on of Sept. $250,000 incinerator coupon plant of All Oct. of the 1, 1946. % , ' = • Hempstead, Park registered 1946 bonds. - ,, Garden City Water District Garden City Park), Bond Interest rate is not to exceed 5%, Offering — (P. O. ' N. T. William interest: ..-r • or one-tenth of 1%, and must be the same for all $8,500 fire apparatus bonds. Denomination $500. Due Oct. 1, of the bonds. Principal and inter¬ _ • payable at the First National Bank. Amsterdam. The purchaser will be furnished with the opin¬ v.ul interest Princi¬ payable The bonds will be City operates under its City Charter, Chapter 658 of the Laws as amended, and the Sec¬ oi;1923, as follows: $1,500 in 1947 that piior to to holders same from bonds of the type and character shall be taxable by the terms of any Fed¬ eral income tax law, the success¬ ful bidder may, at relieve'1, of his election, be obligations under his the contract to case companying his turned. Enclose 1949, and $2,000 in 1950 and for Comptroller. $8,020, .* j purchase the bonds and ;in such 1951. /.•/'- the delivery of the \ be nds the income received by pri¬ vate G. Wachsmuth, District Secretary, payable J-J. Denom. $1,000. Dated will receive sealed bids until 4 July 15, 1946. ; '-/• \ .: p.m. on Sept. 10 for the purchase Due July 15, as follows-$15,of the following coupon or regis¬ 000 in 1947 to 1956, and $20,000 in tered bonds, not exceeding 5% 1957 to 1961. Rate of interest to be est , ond Class Cities Law.. In the event North or in multiples of The will be dated bonds . delivered to the purchaser at New Ycrk, N. Y., or at, such other Y plrce as may be agreed with the purchaser about-Sept. 26,>1946. f- 11,000 municipal playground ; equipment bonds. Due on t April 1 from 1948 to 1951 inci > *, exceed Denom. $1-,000. for all of the bonds. of New York. April 1 from 1948 to 1956 incl. ,«/, to at the Ciity Treasurer's office, with New. York -exchange. Y The -purchaser will be lurnished with the opinion of Var.dewater, :Sykes & Heckler, 1 playground m u n i.c i p a bonds. Due on NEW YORK ,. - Sept.. 1, -1946. The interest" a multiple of or pal' and April 1 on Sept. on one-tenth of l%t and must be the equip¬ department 33,000 $57,000 sanitary sewer contruction scheduled to; be sold, n to 1951. 4%, payable1 M-S. ment bonds. of Due •rate is to be in from 1947 to 1957 incl. issue bonds. Interest; rate is mot from 1948 to 1951 incl.. 65,000 C i ifl as follows: $24,000 ^ in 1947 Y i and 1948, and $23^)00 in 1949 • registered bonds, divided or in 1952 to - . 117,00'v public improvement, Se- receive 60,000 series B highway repavi;Ying bonds/ Due on April 1 from 1947 to 1950 incl; bonds is be County Sch. Dist. (P. O. Belt), Mont. for.the Issue—An Amsterdam, New York Bond Offering—Sealed bids will Cascade John — 1956. follows: Union), N, J. issue Offering Comptroller, City $13,000 in 1947 to 1951, and $16,000 Mount Vernon, N. Y. Bond follows: as \ , $190,000 series A "highway: repay¬ td' ing bonds. Due on April 1 Bond . . • Sept. 17 for the purchase of $359,000 not to exceed 5% interest cou¬ N. XI. Bond Sale—The $20,000 series C water bonds offered Aug. 23—v. follows: proving opinion of Hawkins, Del- $139,000 public improvement -Set XjievlA. bonds. :Due« on Sept U afield & Wood^of New York(City, ; j will be furnished to the purchaser as follows: $7^000 In> 1947 to } 1965/ and $6,000 in 1966. » without cost. Enclose a certified 145,000 .public improvement, Se»«check for 2% of the amount bid / ries B bonds. Due oh Septal for, payable to the Board of Edu¬ City. - as ap¬ of bonds .offered, payable , an¬ Bond Sale—The $16,000 coupon or registered Toad bonds offered will be received until 3.30 p.m. for sale on Aug. 30-~v. 164 pi 1131 (DST), on Sept. 10, by Dr. Wil¬ liam A Gore, District Clerk, for —rwere awarded i to the I Citizens % Trust Co. of Fredonia, as 0.90s, at the- purchase of $112,000 coupon a price of 100.20, a basis of about or- registered school bonds. Inter¬ est rate is not to exceed 4%, pay¬ 0.865%. Dated Sept. 1, 1946.- Due on Sept. 1 in 1947 to 1956, incl. able M-S. Denom^$l,000^-Dated Second best bid was an offer by Sept. 1,, 1946.. Due on Sept.. I as John C. Clark & Co., of 100.268 follows: $10,000 in 1947 to 1956, and $6,000 in 1957 and 1958, Rate fov 1%S. Y of interest to be in multiples of Utica, N. Y. V4 or pne-tenth of 1% and must Bond Bond sealed bids until 2 p.m. (DST) - bond Yqrk, at 0.70%. legality of the bonds will be ap¬ by Caldwell,: Marshall, Trimble & Mitchell, of New York, whose approving opinion will be which the furnished to the purchaser with-, contracted proved 1.70% Co._ extension sewer ticipation notes offered for sale on Sept. 4,-were awarded to the Syracuse Trust Co., at a discount of 0.50%. Dated Sept.. 4, 1946. These notes are due ott Jan. 1, 1947. The next highest biddeir was "the Guaranty Trust Co:,. New 1,60%:Y 100.43 Marine of Creek 100.62 Proposed Bond Issue—An issue Plans Ava, Mo. Bank 100.139 bonds posit High Sch. Dist. (P. O, Conrad) Mont. Bonds Sold—It is stated by D. MISSOURI $20,500 to E. J. Prescott & Co., not to exceed 6% interest con¬ Minneapolis. struction bonds. Dated July 1, $20,500 to J. M. Dain & Co., 1946. >:Y^Y;yYY,;, Minneapolis. Hot Springs, Mont. "All of the bonds are dated Augv 1955 any under the contract to purchase the 164, p. 1001—were awarded Schmidt, Poole & Co., of Phila¬ delphia, as 2s, at a price of 101.M. -A. Saunders & Co. of Mem-; 147, a basis of about 1.765%. phis, and Cady & Co. of Colum¬ Dated Aug. 1, 1946 and due $2,000 bus, jointly. Dated July 1, 1946. on Aqg. 1 from 1947 to ,1956 Incl. Legality approved by Charles & Trauernicht of St. Louis. Union Township ■(P. O. 11 1949 to well as in¬ Poirit Pleasant, Separate Sch. Dist. be! received until 8 p.m, on 1, 1946 and mature on Aug. 1, as of terms taxes orem • 1.20s, at a price follows: $5,000 from by the payable from cessful i — 100.129, as follows: Denomin- law, the suc¬ The successful bidder will, be -fur-■; bidder, may, at his elec¬ nished with the opinion of Reed, tion, be,relieved of his obligations Hoyt- & Washburn, of New York ' to Nettleton? Miss*X * ■ n "f Donds will be delivered on Sept. Bond Legality Approved—An 27, 1946, or as soon thereafter as Enclose a issue of $40,000 industrial bonds, they may be prepared. dated June 4, 1946, has been ap-1 certified check for 2% of the par MONTANA The $41,000 road bridgo construction bonds offered Aug. 27—v. 164, p. 1130— of Sale—The $8,300 y school Minn. and .25,000 building bonds. indome tax City. 31 election. MINNESOTA as Conrad County, $125,000 electric generating plant bonds was -authorized at an Aug. ceases. sale, are bonds offered for awarded as 2s, out charge. The bonds will be at a price of par. Dated Sept. 1, prepared under the supervision of 1946. Denom. $1,660. These bonds the Continental Bank & Trust Co., are due $1,660 Sept. 1, 1947 to of New York City, which will cer¬ 1951. Principal and interest pay¬ tify as to genuineness of the sig-. at the County Depository able natures of the City officials and in Winona. Interest payable M-S. the seal impressed thereon. The 10 on Sept. 9 for the pur¬ highway improvement refunding Royal issuing of Montgomery and Webster Counties Big Black Special Consolidated Sch.-Dist, '(Pt O. "Winona), Miss. Leonore from 1 the. question on soon $700,000 memorial stadium bonds. Bond of $80,000 not to exceed 4% interest coupon special- assessment bonds of 1946. Dated Oct. 1, 1946 and due * Proposed Bond Election — Aii election is scheduled to be held sale recently, were for the bonds taxable Trust improvement Clerk, bids Sept.- 9 on the be Legislature's enact¬ of the Pondera as ct- 1? Ar¬ , ■■■ type and character shall same Federal Supreme Court pass upon the val¬ $32,000 fund¬ Sale—The Bond (P. O. , how the provided and, of course, the cus¬ tomary procedure of having the 1946 ing bonds offered for sale on Sept. 2-r~vt 164, p. 1257—were awarded to the Holmes County Bank & Trust Co. of Lexington, Mich. Hazel Park, the by private holders from bonds of is dicating the buildings that will be %- industrial $100,000 was Bond V, and idity to : iXsX. Mount Clemens), Mich. to 1952 incl. issue approved^; the Legislature will have to determ¬ ine the type of bonds, the levy, when delivered Brookhaven), N. Y. time.and place as.may be speci¬ Bond Sale — The $46,500 fire Doyle, County Attorney, that fied by the purchaser, with con¬ house of 1946 bonds offered Aug. $281,000 building bonds were pur¬ sent of the District Treasurer,; En-; chased recently by Piper, Jaffrey 22—v. 164, p. 1130—were awarded close a certified check for $670,: & Hopwood of Minneapolis, as 2s, to Tilney & Co., of New York, as payable to, the District. • MISSISSIPPI 1V2S, at a price of 100.29, a basis at par. of about 1.466%. Dated Sept. r 1, Onondaga County (P. 0. Syra¬ Amite County Supervisors District NEW JERSEY 1946 and due $2,325 on Sept. 1 cuse), N. Y. ; No, 4 (P.- O, "Liberty), Miss. from 1947 to 1966 incl. Other bids: Note Sale — The $100,000 Ley Fair lawn, N. J. ; Bonds Defeated 2s, >at of 101.666. Second highest bidder was E. J, prescott & Co., offering 101.416 for 2s. price ' Offering—Ralph E. Beaufait, Township Clerk, will receive sealed bids until 7:30 p.m. (EST) on Sept. 16 for the purchase of $17,450 not to exceed 5% interest Special Assessment District No. 11 coupon water bonds. Dated Oct. 1, 1946. Due on Oct. 1 from 1948 be 3 to the Bank & Trust Co. of Carrollton. ;.v Commis¬ of the bonds the income received the bonds ment, improvement awarded were for MICHIGAN Minn. Bonds Sold—It is stated by A. municipal Land of Board be offered for 100.113 Moody Montevideo, at . visions For & Juran 100.426 Co. & ion df Vandewater', Sykes & Heckr, ler, of New York. The bonds will payable Interest - ';i4^atioh $1,000. Due Oct. l; as purchaser at ir- follows: $2,000 in 1947 to 1951,' New York, N. Y., or at such other and $3,000 in 1952 to 1956. sioners, seeking 2J/2% bonds. place as may be agreed with the Dated Oct. 1, 1946. Montana (State of) Yy Rate of in¬ purchaser about Sept. 26, 1946. terest to be in multiples.. of A4 or Bond Election—It is reported by Y • Ther City operates under its one-tenth of 1%, W. L. Fitzsimmons, Clerk of the Principal and City Chatter, Chapter 242 of the interest payable at the Bank of State Board of Examiners, that a Laws of 1911, as amended. In the New Hyde Park, New Hyde Park. $2,000,000 issue of State Hospital event that .prior to the delivery The' bonds are general obligations bonds will be submitted to the State If National Bank, Minneapolis, jointly Kalman 1946. Second best bidder was the > voters. First to holder's option, on presentation to the City Treas¬ urer for appropriate endorsement, i;or may at any time more than one .year before maturity thereof be exchanged for a registered certifi¬ cate representing an equivalent obligation for principal and inter¬ principal, ; St. Any of these bonds subject are in multiples issue entire the of V\ of 1%. - 1.40% Bonds National Bank, Paul, and interest of rate one ..,__100.01 — For of shall / Minneapolis, Bank, i on ■ ^ Falls, and Northwestern National Bond Offering—-Sealed be A-O, Piper, Jaffrey & HopwoodilOO.17 First National Bank, f.} , MASSACHUSETTS x Oct. >1, i-\:$X —_-100.203 Curtis Clerk. C Bonds - Paine, Webber, . Jackson & ritv Monday, -.September 9, 1946- the bid a deposit ac¬ will be re¬ certified check payable to "v ; the City x Volume 164 Number 4523 THE COMMERCIAL & FINANCIAL CHRONICLE 1371 Williston Park, N. Y. Bond Sale—The $57,000 coupon or registered of 1946 storm bonds issue sewer, offered 500,000 for sale / on* Sept.. 4—v. 164, p. 1258—were Halsey, Stuart & Co., as 1.20s, at a price of 100.169, a basis of about 1.17 % ir- Dated Sept. 1, 1946. ; Due on* Sept. 1 in 1947 to ,1957, inclv) Interest payable M-S. Second bM bidder was Tilbey, & Co., offering .100.166 for I ; awarded to Denom. li31—were 30—v. awarded 164, p: C. John to Clark & Co.- of New at York, as 1%$,, price of ! 100.127, a -basis of a; about l>ue 1.23%.; ':Dated Oct. 1, 1946; Dec. on in 1 1947 tor 1960. Interest payable J~D,y Second best' bid was Xan offers by Geo.v; B. Gibr* bons &• Co.,f,;Inc.^, oL400.xl8 for 114% bonds. . . " . * ■ NORTH CAROLINA : y Apex. i Dated Oct. and counsel firm, has just released its fifth annual compila¬ tion of ratings for Ohio municipal obligations. In making public this new compilation, Mr. J. Austin White reported in part as follows: 15, This year, 1946. Denom; $1,000. Interest M-S. Ratings again, Composite our based uporr a compos¬ consideration of the Popula¬ Due are est Bond Offering—Sealed bids will be. received until 11 a.m. on Sept. 10, by WV E. Easterling, Secre¬ tary 1 of the Local Government \ Commjfrion, l at X his office y in Raleigh for the purchase of the following bonds- aggregating $134,000: ■. f>'V ' - Sept. Dated all , r . , ■ ; . t — - y . • . " * ' • Canton, , « t , , until 11 Be aver creek (EST), on Sept. 10, by W. E. Easterling^ Secretary of- the Local Govern¬ a.m. ment Bonds Sold awarded choice. There will be Kinston, N. no auction.- C. be ; v:; V and for . to Millersport Sch. Dist., Ohio were Bonds Voted—At election an Aug. 20 the voters authorized issue of $66,000 New i%% bonds. (P. to D^ted Sept. 1, 1946 $1,000 1962 or Dec. on 1 from f/ich' in part on Callable in Dec. 1, 1951. Cuyahoga County (P. O. Cleveland), Ohio^ $1,900,000 cou¬ refunding bonds offered Sept. 5—v. 164, the p. exceed Denom. lVz%, $1,000. 1958, $27,000 in 1959 to 1961, $28,1965, $29,000 in 1966 to 1968, $30,000 in 1969 to 1972, and $31,000 in 1973. Rate of in¬ 000 in 1962 Bond Offering—Sealed bids will be received until 9 a.m. (EST), Vienna , Local Sch. of about as Trust Co., Is, at 100.137, 0.95%. Dated a of basis Sept. 1. from 1947 to Bonds Voted—An an 000 000 Dist. ) 164, p. 1003—were award¬ ed to Fox, Reusch & Co., of Cin¬ cinnati, as IV2S, at a price of 100.38, * a basis of about 1.465%. Dated Bonds Sold—An 000 storm water fered for sale Ohio issue sewer on of June 14, a 1951 incl. price of 100.575, 1.418%. Interest a $12,of¬ Bond Sale reported Details—It the by is Board pay¬ able at the City Treasurer's of¬ fice, without deduction for any taxes, except gift, succession or inheritance taxes* levied pursuant to any present or future law of the Commonwealth. Registerable, as to principal only. The bonds will be sold to the highest responsible, bidder subject to approval of the, authorizing proceedings Department* of Internal of of Clerk Education p. 1259—were the — J. A. the equipment purchased at par, $7,000 as l%s, due in 1952; the remaining $5,000 iy2S, due in 1952 to 1954. as ery same acter be White & shall type and char-V taxable by the terms of any Federal income tax; law, the successful bidder may, af his election, be relieved of his ob- > ligation under the contract to pur- > chase the bonds and in such easel the deposit accompanying his bid The purchaser will be returned. will be the furnished without charge of Burgwin opinion Churchill, of Pittsburgh, that the ; are valid general obliga-f bonds tions of the City. - \ Monessen, Pa. Sept. 25, by John C. Lermann, City Clerk, for the purchase of $200,000 coupon general obliga- ' tion bonds.-Denom. $1,000. Oct. on 1, 1946. Due Dated Oct. 1 - - as 1955,^ Reg- f Vs Sch. Dist. (P. O. Allentown), Pa. Offering (DST), — until as to principal only. Rate 4 j in a multiple of 1%, and must be the same : for all of the bonds. interest tion payable for any succession or bids p.m. Sept. 25, for the pur¬ chase of $800,000 coupon building and improvement bonds. Inter¬ Principal and without taxes deduc¬ (except gift, taxes) inheritance levied pursuant to any present or,; future law of the Commonwealth. ' The bonds will be sold to the highest responsible bidder subject to approval of the authorizing proceedings by the Department of No bid for less and accrued interest par or. for less than all of the bonds will be Sealed by W. H. Fisher, Secretary, on $15,000 in 1948 to $16,000 in 1956 to 1960, of than Allentown District Co., Cincinnati municipal invest¬ of the bonds the income re¬ by private holders from ceived bonds of the Internal* Affairs. PENNSYLVANIA Bond (State of) ings Published that follows: will be received Ohio by the; Affairs.^ No bid for less than par and ac¬ crued interest or. for less than all; of the bonds will be accepted. In the event that prior to the deliv¬ of interest to. be sold to R. J. Edwards, Inc., of Oklahoma City, at a net inter¬ est cost of about 1.61%—v. 164, basis of about Fifth Edition of Composite Rat¬ $30,000 1956, inclu->. shall specify in a multiple of V4 of 1% a single rate of interest which the bonds are tp bear. Principal and interest isterable now Suther¬ payable J-D. 1947 to and was IV2S, at 1, follows: 1949 to bonds 1946 and due 1947 to fa¬ OKLAHOMA as Canton, Due Each bid on $50, was bonds North 1946. Oct. sive: Bond Offering—Sealed bids will j, received until 10 a.m. (EST), Mangum Schi Dist., (P. O. Mangum), Okla. 1972 payable J-D. Runner-up in the bidding was J. A. White & Co., offering 101.43 for l%s. 1, from be v vorably voted at the election held on Aug. 20, $12,000 transportation Interest . Oct; July issue of Dated June 1, 1946. Due $3,000 on June 1 and on Dec. 1, in 1948 to inclusive. general obligation Denomination $1,000. coupon bonds. inclusive. swimming pool bonds $150,000 build¬ ing bonds offered for sale on Aug. ally $190,000 semi-annu¬ April 1 and Oct. 1 from 1961 on Toronto, Ohio on Vienna),. Ohio awarded recently to Ryan, land & Co., of Toledo, as on price of par. Dated Interest J-J. Due a on Sept. 24, by John C. Cullen, City Clerk, for the purchase of $300,r • building bonds.; O. New Toledo, at July 1, 1946. $2,000 Jam 1, and $3,000 30—v. 1131—were awarded Cleveland Cleveland, 1961, inclusive, $12,000 Franklin County (P. O. $16,000 1963, $17,000 Columbus), Ohio Bond' Offering — William F. 1966, inclusive, and $20,000 1967 to 1971, inclusive. | Berkhemer, Clerk of Board of 1962, of 1 stated that Bond Sale—The to 1964 j bonds. whole ment 1949 to is Bedford, Ohio due 1948 pon $283,000 electric light bonds maturing annually, June 1, $8,000 It — recently to Ryan, Suth¬ . sewer a.m. (EST), Sept. 10, by W. E. Easterling, Secretary of the Local Govern¬ v of 100.449 for 1 Vz % bonds. Bond Offering—Bids will be re¬ ceived until noon on Sept. 16 for the purchase ■ of $15,000 114% received until. 11 $783,000: ;'..r Township (It O* C. Seufferle & Co., and the Com¬ merce Union Bank of Nashville, Bond Sale—The 'v Commission, at his office in Raleigh, for the purchase of the following bonds aggregating . erland & Co. of Toledo, as l^s, at price of 100.88. Second best bid was an offer by J. A. White & Co., Bond Offering—Sealed bids will on ; a 000 (M-S) payable in New York City; general obligations; unlimited tax; coupon ,V bonds not registerable;* delivery at place of * purchaser's V $15,000 fire equipment bonds Commission, at his office in Raleigh, for the purchase of $18,- of 100.686 resurfacing street bonds. Dated Sept; l, 1946. Due $2,000 from March 1, 1949 to 1957, incl. Denom. $1,000. Prim and int. bonds, Xenia) Ohio: j,':'''-*; " Bond Offering—Sealed bids will ;• be received of l01w42 for 1 v ' N. to Oct. 1, 1946. Due on Oct. 1 $24,000 in 1947 to 1950; $25,000 in 1951 to 1954, $26,000 in 1955 to , auction. not A-O. f to-1953 and ' There will be ncf is • $15,000 1954 to 1965, Code of Ohio, under authority of creases in debt burdens. The let¬ inclusive, without option of and pursuant to and in full com¬ ter "V," shown at the extreme $129,000 water and sewer refund¬ right following a numerical Com¬ prior payment. There will be no pliance with the ing bonds.' Due oh March 1; general laws of auction. posite Rating, indicates that either Denom. $1,000; principal the State, in accordance with the $3,000 in 1948 to 1952, $4,000 and the subdivision in semi-annual (M-S) interest "Uniform Bond Act" of question or one V Ohio, and iiV 1953'to 1956; $5,000, 3957 to payable in lawful money in New the resolution / of the Board of overlapping it, has voted a larg£ :i, 1.966; and $6,000, 1967 to 1974, York amount of bonds that have not City; coupon bonds register- County Commissioners ■: adopted r.imd.jhr'y yet been sold. able as to principal only; general As these voted, Aug. 16, 1946, for the purpose of v 5,000 general refunding bonds. but as yet unissued bonds are Due $3 ,000 on March 1 in 1948 obligations; unlimited tax; deliv¬ providing" a fund to pay the cost ery: at place of .purchaser's choice. of constructing a trunk sewer in sold; it is only logical to expect to, 1952,- incL * that the Debt Ratings and Com¬ said District. Bonds will be de¬ bated* Septh 1,* 1946. Demom. ; ' ^ ohso livered free of charge to any bank posite Ratings of the subdivisions in question will decline; $y.000 Prim, and int. (M-S) pay - Akron Obvious¬ City SchoolDistrict, Ohio designated in the City of Colum¬ -able, in New York- City; general the extent to which these bus. Purchaser must pay charges, ly, 1 Band: Offering Hazel Fleek, obligations; unlimited tax; coupon heavier debt burdens will reduce if any, for delivery outside the Clerk of the Board of Education, bonds, register able as to principal the quality of the bond, depends Enclose a cer¬ will receive sealed bids until; noon City of Columbus. only;^delivery at* place of pur-; tified check for 1% of the par largely upon the quality of the on Sept. 16. for the purchase of chaser s choice. .There will be no credit today. value of all the bonds bid for. 0 In general, it is our $3,000,000 2% building t bonds. auction. ~ opinion that those communities Dated Oct. T, 1946.; Denomination Grand Prairio Local Sch. Dist. rated "AA" or better today will Asheboro,H. Cu - -,Xr \ ^ i $1,000. * These bonds are due Dec. (p; O. Marion), Ohio ,"i still be high grade credits ever* Bond Offering—Sealed bids will I, as follows:" $136,000 in 1948 to Bond Offering—Mildred Fran¬ after the issuance of all the bonds be received until -11 a>m. (EST); 1961, and $137,000 inM962 to -1969. that have been voted. cis, Clerk of the Board of Educa¬ We would on Sept. 10, by W. E. Easterling, Bidders may bid for a different tion;* will receive sealed bids un¬ caution the investor^ however, in Secretary of the Local Govern¬ rate of interest in a multiple of til noon on Sept. 10 for the pur¬ making commitments in bonds ment Commission/ at his office in :.%4 5TKese bond^;a chase ;• of $70,000 construction rated "BfJB" or lower, especially Raleigh, for the purchase of the able from taxes unlimited as to bonds, not exceeding 2% interest. when such a Composite Rating is following ' bonds aggregating rate or amount: The approving Dated Oct. 1, 1946. Denomination followed by the letter "V."1 opinion of * Squire, •. Sanders > & $28,000; : $1,750. These bonds are due $1,Palestine Local Sch* Dist., Ohio $18,000, wateryhoh^h^ Due: $1,000 Dempsey, of • Cleveland,; will be 750 April and Oct. 1, 1947 to 1966. furnished. Enclose a#* certified Enclose a Bonds Sold—The $5,000 school ; .from March 1, 1949 to 1966, certified check for $700, check for $30,000, payable to the bonds offered for sale on ..j incl. ; ■; •;.>// June 29, payable to the Board of Educa¬ Board of Education. * were awarded tion. recently to the Peo^ 19,000 * refunding ! bonds. i Due pies Savings Bank, of Greenville, ; $2,000 on March 1 in 1964 to Beavertrreek' Township Local Sck. Lockland City Sch. Dist. as l%s; at a price of par, Inter¬ Di*t. (P. O. Xenia) Ohio \ 1968, inch '' \ ■ <•■... ; (A Q. Lockland)r Ohio *■ est payable M-S. Bonds Sold It is stated that ) Dated Sept. 1, 4946.- * Denom. Bonds Sold — It is stated that $1,000.: Prin. and int. (M-S) pay¬ $60,000 school bonds were award¬ Spencerville, Ohio $225,000 building bonds were able in New ;York City; general ed recently to J. A. White «& Co. awarded recently to Braun, Bos- ; Bonds Sold—An issue of $75,of i Cincinnati, as l3/4s, at a price obligations; unlimited tax; coupon 214% worth & Co., Inc.* as l%s, at a 000 municipal light and bonds registerable as to principal of 101.781. Second best bid was an price of 100.672. Runner-up in the power system bonds was sold re-' offer by Ryan, Sutherland & Co., only; delivery at place of pur¬ bidding was a joint offer by Wm. cently to Ryan, Sutherland & Co., chaser's choice. rate payable . . Aug. bonds. ment $6,000 March and $5,000 ite L 1948, and $5,000 March tion Ratings and the Diversifica¬ terest to be in a multiple of Vs Of and Sept. 1, 1949 to 1972. Rate of tion Ratings shown in White's 1%. Bids will be received for the interest to be in multiples of Analysis of Municipal Bonds" entire issue at any rate of of 1%. Principal and interest interest Oct. pay¬ and Debt 1, 1946, at place of pur¬ Ratings based upon not less than 1%, but no bid com¬ able at the County Treasurer's of¬ chaser's choice. overall debt burdens, There will be,no generally as fice. A complete transcript of all of bining two different rates of in¬ auction, y Jan. 1, 1946. We still cling to * * v terest will be accepted. proceedings had in the matter of the Registered pre-New Deal idea of apprais¬ as to principal Soutbport, N. C. ' .O,.'/ authorizing advertising and only, The bonds ing a credit risk on the basis of and the interest thereon BondP Call—E. R. Weeks, City awarding said bonds will be fur¬ the will be old fashioned "Three C's of payable without deduction for any Auditor, has announced that the nished the successful bidder at Credit: Character, Capacity and tax or interest funding bonds Nos. 3, 8, the time of the award, and bids taxes, except succession or Capital." And we still recommend inheritance taxes, now or here¬ 11, 12, 20, 24, 26, 27, 28, 31, 32, 34, conditioned on the acceptance of that those of you who lend money after levied or assessed 36, 43, A-l and A-4, dated Oct. 1, bonds bid upon only upon the ap¬ to thereon groups of people in the aggre¬ under any present or future 1939 and -maturing Oct. 1, 1954; proval of said proceedings by the law gate—which is simply what you of the are; called for payment on Oct. 1, attorney of the bidder will be ac¬ are doing when Commonwealth, all of you buy munic¬ which taxes the District assumes at the Central Hanover Bank & cepted and considered and a rea¬ ipal bonds—judge the credit of and agrees to Trust Co., New York City. Inter¬ sonable time will be allowed the each pay. These bonds group of people on this same are issued est ceases on date called. * V successful bidder for the examina¬ subject to the favorable basis which has served lenders so tion of said transcript before re¬ opinion of Townsend, Elliott & well in the past in Surry County (P. CK judging the /';* quiring compliance with the terms Munson, of Philadelphia, and will credit of people Dobson), N. C*y" individually. of the notice of sale or be delivered to any bids the purchaser \ Bond Offering' — Sealed bids made thereunder. This; year, however, for those only if and after the These bonds proceedings wil be subdivisions which have issued a received until 11 a.m. are a part of the $1,500,000 issue authorizing the issuance thereof material amount of bonds since (Eastern Standard Time), Sept. 10 authorized have been approved by the voters on Nov. by the De¬ Jan. 1, 1946 (up to Sept. by W. E. Easterling, Secretary of 1, 1946) partment of 6, 1945, and are payable from un¬ Internal Affairs. En¬ we are the Local Government * Commis¬ using the heavier overall close limited taxes and are to be issued a certified check for 2% of debt burdens after the sion, at his office in Raleigh, for in accordance with the issuance the face provisions of amount of the bonds pay¬ such new bonds. the purchase of $210,000 school of Section 2293-28 of the General Moreover, we able to the District Treasurer. are this time ^ bonds. Dated Sept. 1, 1946. Due Code of Ohio, and under the pro¬ endeavoring to an¬ on March 1 as follows: ( : Johnstown, Pa. probable material in¬ $6,000 1949 visions of Section 6602-4 General ticipate registered school bonds offered on 196 - City in legal tender; general obligations ^ unlimited tax; cou* pon bonds registerable as to prin¬ cipal only; delivery oh or about Wilson; Newfana; Porter and Cambria, Central Sch. Dist.No.l(P. O. Wilson), N. 7. | , f':-Bond Sale—The $75,000 coupon sale No, $1,000; principal and (J-D) payable in New York, , for improvement County Commissioners, will re¬ bonds maturing annually, ceive sealed bids until 10 a.m. June 1, $15,000 1949 to 1953, (EST) ,on Sept. 20 for the pur¬ $20,000' 1954 to 1956, $36,000 chase of $251,000 not to exceed 1957 to 1961, and $37,000 1962 2% interest Sewer District Truro to 1966, inclusive. No. 1, trunk sewer improvement interest 1.20s..;-;s' or street accepted. receive The purchaser will charge the opin¬ without ion of Moorhead & Knox, of Pitts¬ burgh, that the bonds are valid, obligations of the City, general payable levied; from ad valorem taxes all taxable property on , '• ..I •••■ ' '•■' .■• !'•',' V ,! :. '•".'"',i '•■ ,•. .,■., ^^ '-.f *.•'. , '•'iV" ■vy-VD''* • vv"••;-<V;7 • ,c-r. '.. v,-.* ■ v . V'/ •., "I'iV •.. j ^ 77■' •. ,w.-"v •'■' •*,- "* '7 ■ v- ■ V / *•' ii: v;' w "«• K ■ .1 ■ ■ 7 ■ ■ - ; X> -V, ■ ft* <\v 7.7■77 V'/ v.--/'; 'v ' 7 ■ ' ; 1 v v'-ir;=^:-'i-.^ x>xxix \^*.y .■ . .*•>"•■*, • /-/* "i- $"-• v,w -vV, .•■•v- ■ "'x-X 77'':-7,o' • : • -*■' 'V .■/ •. V ;,"n"/I:' »"■' ' ;7r 7.7,7:7:; 7', v. ■:"■?, '.»7'77 " v.:!• .t.' ^ , 'Wv. ••1. 1372 lows: $9,000 in 1948, $10,000 in opinion of Caldwell, Marshall, Redeemable, as a whole' The cer¬ $2,000. 1949 to 1951, $11,000 in 1953 and Trimble & Mitchell, of New York, awarded to the on any interest date, or, in part on 1952, $12,000 in 1954 to 1958, $13 - but will be required to pay the bidder offering to take them at any interest date in inverse nu¬ lawful taxing power of the City. En¬ merical order of maturity, upon 000 in 1959 to 1960, $14,000 in 1961 fee for approving the bonds. the lowest rate of interest, at a Enclose a certified check for $4,30 days' published notice at par to 1963, $15,000 in 1964 and 1965, close a certified check for 2% of price not less than par and ac¬ the face value of the bonds bid 000, payable to the City. :•■ and accrued interest plus a pre¬ and $16,000 in 1966. ^ v crued interest to the date of de¬ for, payable to the State. , \ mium of: >4% if redeemed Redstone Township School District livery. « As f. between Leavenworth, Wash. bidders on or prior to i October VI, Bond Call (P. O. Republic), Pa. Henry Woldtvet, - the City ernor on March 28, 1946. tificates will naming and that the amount is within the limits of the within the be . same rate of inter¬ Bond Offering — Leonard Deest, the amount of premium will Xiuzio, District Secretary, will re¬ determine the award.; The enact¬ ceive sealed bids until 7 p.m. on ment at any time prior to the de¬ - — 1949; 3V2% after and on 1952; 3% if redeemed there¬ City Treasurer, calls for payment prior to Oct. 1, fig# Wisconsin Amery, Wis. ;>Vv: Bonds Voted—At a recent elec¬ if redeemed thereafter revenue bonds,} dated March 15, tion the voters approved the issu- /; Sept. 19 for the purchase of $150,- livery of the certificates of in¬ and on or prior to Oct. 1, 1955; 1940. Payable at the City Treas¬ 000 school coupon bonds. Dated debtedness of Federal legislation 21/2% if redeemed thereafter and urer's office. Interest ceases on ance of $40,000 city hall construe- ;; tion bonds, it is stated. Nov. • 7 1, 1946. Denomination $1,- which in terms, by the repeal or on or prior to Oct. 1, 1958; 2% if date called. 1 - " and on or 000. These bonds are due Nov. 1, omission of exemptions or other¬ redeemed thereafter Belvidere (P. O. Alma), Wis. WEST VIRGINIA as follows: $7,000 in 1947 to 1967, wise, subjects to a Federal income prior to Oct. 1 1961; iy2% if re¬ Bond Sale Details—The $35,000 and $3,000 in 1968. Bidders to tax the interest on certificates of deemed thereafter and on or prior highway improvement bonds sold Huntington, W. Va. to Oct. 1, 1965; 1% if redeemed name the rate of interest to be in indebtedness of a class or charac¬ Bond Election Planned—An is¬ recently, at a net interest cost of thereafter and on or prior to Oct. : a multiple of V\ of 1%. Register- ter which includes these certifi¬ sue of $630,000 airport bonds will 1.15%—v. 164, p. 1132 — were 1, 1969; 1/2% if redeemed there¬ V able as to principal only. Princi- cates of indebtedness, will, at the to Kalman & Co., of;. be resubmitted to the voters at awarded after and prior to maturity. Bid¬ pal and interest are payable with- election of the purchaser, relieve an election to be held sometime Minneapolis, «. for a price of cut deduction for any taxes levied the purchaser from his obligation der to name the rate of interest. in the near future. 100.443. Dated Sept. 1, 1946. These \ pursuant to any present or future under the terms of the contract of Split rates in multiples of not less Bond Offering—George R. Hef- bonds are due $5,000 from Sept. law of the Commonwealth. The sale and entitle the purchaser, to than J/4%, will be allowed but no 1, 1947 to 1953, incl. ; y purchaser' will receive' without the returiAof the amount deposited more than three different rates fley, v City Clerk,' will receive Cross Plains, Wis. All bonds of any sealed bids until 7 p.m. on Sept. charge the opinion of Burgwin & with the bid. Purchasers will be may be used. Bond Sale —The $12,000 2% of one maturity date shall carry only 16 for the purchase of $360,000 Churchill, of Pittsburgh, that the furnished with the opinion eastern section flood wall revenue bonds are valid, general obliga¬ Reed, Hoyt & Washburn, of New one coupon rate. sewage system bonds offered Aug, bonds, not exceeding 28 were awarded to Harley, HayBids of less than par and ac¬ refunding tions of the District, payable from York, that the certificates are ad valorem taxes levied on 'all valid obligations of the State. crued interest will not be con¬ iy4% interest. Dated Nov. 1, 1946. don & Co., of Madison, at a price All bids must be firm These bonds are due Nov. 1, 1947 of 102.625, a basis of about 1.539%. taxable property within the Dis¬ Such opinion to be paid for by the sidered. to 1971. Subject to redemption in Dated trict and that the amount thereof purchaser. Sept. 1, 1946. Denom. $1,Delivery in Columbia through 8 p.m. (CST) Sept. 21. The cost of preparing legal pro¬ whole or in part in inverse order 000. Due $1,000 on Sept. 1 from is within the limits of the lawful or New York, at the option of the of maturity, at 102% of par value. 1947 to 1958 incl. Principal and t; taxing power of the District. En- purchaser. A certified check for ceedings and obtaining additional *. close a certified check for $3,000, 1 % of the amount bid for, payable legal opinions of bidders' choice These bonds will be subject to interest (M-S) payable at the Vil¬ to the order of the State Treas¬ as well as the cost of printing registration with the First Hunt¬ lage Treasurer's office, or at the payable to the District. National Bank, Trustee, State Bank of Cross Plains. Pur¬ bonds and selection of printer or ington urer, is required. Scranton, Pal bank note company will be borne Huntington. Principal and inter¬ chaser to furnish legal opinion. '1 Bond Offering—Sealed bids will est payable only from special Second high bid of 101.258 was SOUTH DAKOTA by the successful bidder. Bonds : be received until 10 a.m. (EST), revenue derived from made by Bell, Farrell & Stebbins. will be delivered in A_ustin to the pledged on Sept. 11, by Foster W. Nauman, Rapid City, S. Dak. charges imposed upon the own¬ successful bidder as soon as pos¬ Bond Offering—R. R. Lang, City City Controller, for the purchase sible upon the payment of the ers of property served and pro¬ WYOMING | of $80,000 coupon municipal prop¬ Auditor, will relieve sealed bids tected by said flood wall system. principal balance due plus ac¬ until 8 p.m. on Sept. 16 for the Laramie County Sch. Dist. No. 1 erty and improvement bonds. In¬ crued interest. Enclose a certified The bonds are to be issued to re¬ terest rate is not to exceed 1%, purchase of $125,000 1%% munic¬ (P. O. Cheyenne), Wyo. check for $12,000, payable to the fund a like amount of outstand¬ Bond Offering — An issue of payable A-O. Denomination $1,- ipal equipment purchase bonds. Board of Regents of The Univer¬ ing bonds subject to redemption •; 000. Dated Oct. <1, 1946. Due Dated Sept. 1, 1946. Denom. $1,$135,000 not to exceed 3% inter¬ and to be redeemed as of Nov. 1, sity of Texas.. $8,000 from Oct. 1, 1947 to 1956, 000. Due $25,000 on Sept. 1 from 1946. The legality of the bonds est building bonds will be sold at incl. Bonds may be registered as 1947 to 1951 incl. Interest M-S Borger Junior College District public auction at 2 p.m. on Sept. are the* resolution authorizing is¬ to principal only. 24. Dated June 1, 1946 and due Bids will be The bonds are general obligations (P. O. Borger), Texas suance of the same will be subject received for the entire issue at of the city and were authorized at Bonds Offered for Investment— to approval of Chapman & on June 1, as follows: $70,000 in the above rate of interest but the Aug. 20 election. An issue of $300,000 2, 2Y4 and Cutler, of Chicago, or Reed, Hoyt 1957 and $65,000 in 1958. 7 } no bid combining two different 21/2% school house bonds is being & Washburn, of New York. En¬ CANADIAN 9ECTI0N rates of interest will be accepted. TENNESSEE offered by R. A. Underwood & close a certified check for $10,000, Said bonds, / and the interest Co. of Dallas, for public subscrip¬ payable to the City. 'IClinton, Tenn. QUEBEC thereon, will be payable without Denom. $1,000. Dated Aug Bond Sale—The $100,000 street tion. Jackson County (P. O. deduction for any tax or taxes, hfontreal, Que. 1, 1946. Due on Jan. 15 in 1947 Ripley), W. Va. except succession or inheritance improvement bonds offered for Debentures Call — L. Roberge, Prin. and int. payable sale on Sept. 3—v. 164, p. 1259— to 1961. taxes, now or hereafter levied or Bond Sale—The $225,000 \Vi% Director of Finance, announces were awarded to the Commerce at the Mercantile National Bank, I assessed under any present or fu¬ school bonds offered for sale on that the city is calling for re¬ These bonds constitute Union Bank of Nashville, as 2s, Dallas. ture law of the Commonwealth of 30—v. 164, p. 740—were demption on Nov. 1,1946, various¬ Aug. at a price of 101.01, a basis of direct and general obligations of Pennsylvania, all of which taxes awarded to Blair & Co., Inc., at a ly numbered category D deben¬ District, payable from ad about 1.90%. Dated Sept. 1, 1946. the the city assumes and agrees to price of 100.629, a basis of about tures (payable in U. S. or Cana¬ valorem taxes levied against al Due $10,000 from Sept. 1, 1953 to pay. The bonds will be sold to the 1.415%. Dated July 1, 1946. Due dian taxable property therein, within currency), of the series B highest responsible bidder, pro¬ 1962, incl. Runner-up in the bid¬ from July 1, 1947 to 1961, incl. 1944 refunding issue. The deben¬ limitations. Legality ap¬ vided such bid is not less than ding was the Equitable Securities legal Runner-up in the bidding was a tures so called for redemption Corp., seeking $50,000 as 2Mis and proved by McCall, Parkhurst & par and accrued interest. joint offer by the First National will become due and payable and Crowe of Dallas. These bonds are issued subject $50,000 as 2s. Bank of Ripley, and the Bank of will be paid, at the option of the to the favorable opinion of the Lexington, Tenn. Ripley, of 100.60, Interest pay¬ holder, in lawful money of Can¬ ;V" ; Plainview, Texas Bond Offering—W. L. Brown. City Solicitor, and will be guar¬ Bonds Offered for Investment— able J-J. ada at the principal office of the anteed as to genuineness and cer¬ Town Recorder, will receive An $80,000 issue of 2%'"water Bank of Montreal, or of the West Virginia (State of) tified to by the Scranton National sealed bids until 7 p. m. on Sept works and sewer revenue bonds is Bond Offering — Sealed bids Banque Canadienne Nationale, or Bank, of Scranton, where deliv¬ 12 for the purchase of $250,000 being offered by R. A. Underwood of The Royal Bank of Canada, or be received until 1 p.m. ery will be made. Enclose a cer¬ not to exceed 2% interest series & Co. of Dallas, for public sub¬ will of The Provincial Bank of Can¬ tified/check for 2% of the face C electric system revenue bonds. (EST) on Sept. 11, by Governor scription." Denom. $1,000. Dated amount of the bonds, payable to Dated June Clarence W. Meadows, for the ada, located in the cities of Mont¬ 1, 1946. Due on June Aug. 15, 1946. Due on Aug. 15 in real, Toronto, Halifax, Saint John, the City Treasurer. purchase of $2,000,000 road bonds. 1 from 1947 to 1973 incl. 1955 to 1966; bonds maturing in N. B., Quebec, Winnipeg or Van¬ Interest rate is not to exceed 4%, 1958 to 1966 are optional on and Upper Makefield Township Sch. couver, Canada, or, in such coin TEXAS payable J-D.' Dated June 1, 1946. Dist. (P. O. Dolington, Newtown after Aug. 15, 1956. Prin. and int. or such currency of the United Coupon bonds in $1,000 denomi¬ R. D. No. 1), Pa. Alice, Texas States of America as at the time (F-A) payable at the Mercantile nations convertible into fully reg¬ Bonds Voted—The issuance of National Bank of Dallas. Legality Bond Sale—The $30,000 school of payment is legal tender for istered bonds of $1,000 and $5,000 bonds offered for sale on Aug. 26 the following bonds aggregating approved by Dumas & Huguenin denominations. Due $80,000 June public and private debts in the —v. 164, p.^ 1003—were awarded $500,000, was approved by the of Dallas. United States of America, at the 1, 1947 to 1971. Rate of interest to C. C. Collings & Co., of Phila¬ voters at a recent election: $260,Agency of the Bank of Montreal Swisher County (P. O. to be in a multiple of y4 of 1%. 000 sewer improvements; $210,000 delphia, as iy2s, at a price of 101.in the Borough of Manhattan, City Parts of the issue may bear dif¬ '"V'; Tulia), Texas water works, and $30,000 garbage 27, a basis of about 1.25%. Inter¬ and State of New York, United Bonds Sold—It is stated that ferent rates. Not more than three est payable M-S. Dated Sept. 1, disposal bonds. States of America, upon presenta¬ $100,000 iy2, 1% and 2%% hospi¬ rates will be considered in any tion and surrender of the said 1946. These bonds are due $2,000 one bid. The bonds will be sold Board of Regents of the University tal, Series of 1946 bonds were pur¬ debentures with all interest cou¬ / Sept. 1, 1947 to 1961. chased recently by H. D. Shaffer to the bidder offering to take the of Texas (P. O. Austin) pons maturing after Nov. 1, 194$ & Co. of Amarillo. Dated Aug. 1, bonds bearing the lowest interest i Bond Offering —r-It is reported south carolina attached. Debentures registered Legality approved by Mc¬ rate and to pay the highest price byv the President of the College 1946. as to principal must be accom¬ South Carolina (State of) offered for bonds bearing such of Mines and Metallurgy that Call, Parkhurst & Crowe of panied by assignments or transfer Highway Certificates Offered rate. Principal and interest pay¬ ; sealed bids will be received at the Dallas. ■, 7 Jeff B. Bates, State Treasurer, able in lawful money at the State powers duly executed in blank. office of the Board of Regents From and after Nov. Weslaco, Texas will receive sealed bids until 1, 1946, Treasurer's office, or at the Na¬ until 11 a.m. (CST), on Sept. 20, interest on the debentures so noon Bonds Sold—An issue of $507,- tional (EST) on Sept. 17 for the City Bank, New York. for either or both of the follow¬ 000 41/2% purchase of $6,000,000 coupon or and 3V2% refunding, These bonds are issued under au¬ called for redemption will cease ing obligations of the said Col¬ interest coupons maturing registered State highway certif¬ Series of 1946 bonds is said to thority of amendment to the Con¬ and lege: $575,000 Dormitory Revenue, icates of indebtedness. Dated Sept. have been purchased recently by stitution known as $50,000,000 subsequent to that date will be Option No. 1 — or — Dormitory ^ R. A. Underwood & Co. of Dallas. State Road Bond Amendment and void. 15, 1946. Denomination $1,000. Revenue, Option No. 2 bonds. Due on Sept. 15, as follows: $500,Bond Offering — The City has Dated May 1, 1946. Legality ap¬ under authority of an Act of the Denom. $1,000. Dated Oct. 1, 1946. 000 from 1948 to 1951 inclusive, proved by McCall, Parkhurst & State Legislature, 1945, Regular advised that it will receive "sealed Registerable as to principal only. and $1,000,000 from 1952 to 1955 Crowe of Dallas. Session known as Enrolled House bids until Sept. 9 for the purchase Bidder will establish annual ma¬ inclusive. Bidders are invited to Bill No. 119, passed March 3, 1945. of $56,885,000 refunding bonds. turities on Oct. 1 of each year washington name the rate of interest which Accrued interest to be calculat¬ Dated Sept. 1, 1946. These bonds beginning with 1948 and ending the certificates are to bear, in ed from June 1, 1946. Purchasers are due Nov. 1, 1947 to 1974. Pay¬ x. Leavenworth, Wash. with 1978 of such annual amounts multiples of % of 1 % and must be Ordinance Passed—On Aug. 13, will be required to pay accrued able in Canadian funds. The City hat the annual total of principal the same for all of the certificates interest to date of delivery. De¬ advises that the bids shall not be and interest requirements (except the City Council passed an ord¬ bid for. - Principal and interest an issue of livery will be made in New York less than 97V2% of the aggregate for the year 1947 in which no inance calling for payable at the State Treasury, or principal amount, plus accrued principal shall mature) will be $235,000 sewer system and water City. To expedite delivery if de¬ at any State agency in New York. sired interim certificates will be interest from Sept. 1 to the date of revenue refunding bonds, not ex¬ approximately equal and the va¬ Issued for the purpose of improv¬ The pur¬ payment and delivery of the Dated Sept. furnished purchasers. riation between the high and low ceeding 4% interest. ing secondary foads, as authorized Denom. $1,000. These chaser or purchasers will be fur- bonds. Delivery to be made on or annual principal and interest re¬ 1, 1946. 1,1 . ■ ' , ' — I v^Auuvi ui pui uiidscxs win Lie nu¬ before Sept. 20. by Act 565 of the General Assem¬ •k —•ll s .are* due. on, Sept. I, as folr nished with the final approving quirements. shall not exceed bly of 1946, approved by the Gov-, or on Sept. 15 of the $54,000 water . - - • , '' # . " . 1 |