New Britain Herald Newspaper, September 8, 1920, Page 11

=== [ Finsnciat | [ RICHTER & COMPA - * { || [WALL STREET STl]fiKi e e EXCHANGE REPORTS | ** “omer ' e TWall Street, 10:30 A. M —The hesi- tant tone of the market at the open- ing of todays session evidently ex- pressed further ditision qf sentiment WE OFFER among traders. Yesterda)'s late ad- vance in the rate for call loans prob- ably served to check bullish opera- tions, Excepting Crucible Steel, which rose 1% points, gains and losses among leading shares, especially oils, . steels and rails, were limited Foreign exchange was ares again unsettled, remittances to Lon- don falling below yesterday's mini- mum quotations. Wall street close—Oil and food shares featured the constructive side in the later dealings, but elsewhere the list again lost ground. The closing was heavy. Sales approximated 300,000 shares (New York x hange quotations furnished by Richter & Co. members of the New York Stock Exchange) Sept. 8, leh Lov« AT M Allis-Chalmers . NEW I188UE Am Beet Sugar . . Am Can| 20 0 Am Car & F d\ . 750 0 Am Cotton Oil . [ Am H & Leather . Am Loco .. Am Smelt & Ref . The Billings & Spencer Co. i |55 | LS e —— o Anacon Coppe s Atch Top & 8 F § E 89 Cumulative Convertible Preferred Stock Wt Gulf & West 1.136 134 134 WE OFFER:— Balt & Ohio e eeses e e Wit it Ao Jeto s et 8 "t BERCE RN 53 Rarvett o1l zenl aaa T 1iak | 50 Shares of Landers, Frary & Clark. Beth Henl B Convertible at the option of the holder after Sept. 1, 1922, and prior to Sept. 1, 1925, into common stock in B R A the ratio of five shares of pref erred for two shares of common. :‘::?:", ul.f:‘n.- i Callable at option of company subsequent to October 1, 1922 at $27.50 per share and accumulated dividends e 3 FREE FROM PRESENT NORMAL FEDERAL INCOME TAX AND CONNECTICUT PROPERTY TAX Chi Rock T & P . < -k JOHN P. KEOGH Chile Copper .. Transfer Agent, Hartford-Connecticut Trust Company (‘j h‘:flp*r:‘l;v;‘: i S & Member Consolidated Stock Exchange of New York. PRESENT CAPITALIZATION INCLUDING THI® ISSUE. Crucible Steel ... - \ STOCKS Auth Outstandin, o Nane ar . 8% OUMULATIVE CONVERTIBLE PREFERRED STOCK (this issus).......... K. $ 750,000 QuimiCeneione COMMON STOCK (Par $35.00 paying 30%) . : 1,000,000 BONDS HISTORY-—The Billings & Spencer Company was founded in 1869, starting busm(-cs with & capital of ,.;m T 5 Direct Private Wire New York to Bostoa. $200,000. The chief products are wrenches. machinists’ tools, drop forgings and forging machinery. Gen Electric .... G. F. GROFF, Mgr.—Room 509, N. B. Natl Bank Bldg.—Tel The plant is located in Hartford, Connecticut, and is modern and of fireproof brick construction, Gen Motors ... eomprising 320,000 feet of floor space. ((:oorl.rlch (R F) Co it Nor pfd AmTS—Upon completion of this financing net quick assets will be in exeess of 300% per share of the {‘“""js Central o Preferred Stock and total net assets (not including patents, good will, ete.) will be in excess of e it S Royal D, N Y .... 8 8T% from her vacation spent at * 500% share. L Sinclair Oil Ref .. iy % per sha Int Mer Mar ..... Sloss-S Steel & I . 4 % | * .. . : P 3 . Int M M rd . s 2 3 EARNINGS—The net earnings the past five years have averaged over six times the dividend requirements e S I :::K';: “;"“,C on this Preferred Stock issue. . i ’ Int Paper .. 50 9% | Dteer 2 an el TARRANT & SBINKING FUND 4% —The Company shall set aside annually, beginning December 31, 1925, a sum sufficient 1:‘";‘:0:‘.\.?’,““ T T I ‘ ::::: ?P;“_‘ 3 7 UNDERTAKER to retire 4% of the largest amount of Preferred Stock issned, whether or not then outstanding. Lehigh Valiey ... 481 L | obenco Prod . - i 3 . i . Max Motor ...... § 9y 9% | v Pac .. St RESTRICTIONS —Preferred stockholders are protected by adequate provisions safe-guarding their in- Mex Petrolenm .. 166% 16 l::f:d F:“" & Jubilee St., Tel. 1431 terests. We shall be glad to send a detailed circular on request. A S .- 39% | United Retail St . & 67 Lady Attendant—Free U nl‘ - 2| U § Food Prod 9 59 Orders Taken for Up CONVERTIBLE PRIVILEGE—The conversion privilege is very important. The following Nat Lead ........ 76 76| U S Indus Alco s 234 | Tel. 1625-2 Any Hour, Day 4 table gives for the last four years the high and low on the common for each year and the Nirioate L G D e o el B e corresponding prices for the preferred providing it had been outstanding with the con- NN A RS LK RIUX [(U6 ste peaf. 208 S e Norfolk & West .. 851 < Utah Copper 5 63 version privilege in force. e S b Copoer 3 COMMON PREFERRED . B Emslon Sl . Andrews & Doolitt Pan Am P& T .. Year Hixh Low Year High Low % Penn R R 2 425 CLEARING HOUSE REPORT. . K Pittsburgh Coal .. 2 k Tow —New N’ 1916 . 146 76 1916 ............... 58 30 Heimerry byl W B et e 1917 R 11 90 1917 44 36 Rav Cons A 9138351698 | oen and Partors 15 wales 108 IR0k 85 19187 VTR RIRtORNCI 88 34 = : 1919 ............... 187 90 1919 ceeeene.. B4 36 RIGHTS—For five years the Preferred stockholders will be entitled to their pro-rata share should any stock dividend be deeclared and to rights in any increase of Common stock. Price $26 per share and accrued dividend. RICHTER & CO., The CHAS. W. SCRANTON CO. . Aol Btk O ot S ‘Bank Accounts Repaired Springfield, Third National Bank Bldg. 108 Orange Street, New Haven e L P2 S 33 BRI ¥ o mie > oF 'S Dr. M. G. Mouradian has -~ et < A et ' & e P I ] IS YOUR BANK ACCOUNT, IN NEED OF RE- . —— s . e YOU HAD A FINE TIME—THAT IS TAKEN AWORP.STOCKS S cenrai e o R e e oo FOR GRANTED, BUT THAT BALANCE IS NOT Hfd Steam Boiler 350 Na ) Lamp Co .. Travelers ... 858 sse |N Sehine #....... 32 | for some time. The resignation was QUITE WHAT IT WAS BEFORE YOU WENT. tations furnished h\ Goodwin, he 1 rersy betw b 1030 | Htd © G 1t pta 3 Niles-Be-Pond com .. $§7 E Cooley: Mr. Cooley several weeks NOW IS THE BEST TIME TO START TO BUILD Bid Asked | }itq ¢ G 14 com ... - N&J Mtg Co ... 79 » | ago presented charges against Mr. . Starks (4 Elec Lt Co Peck. Stow & Wilcox Day. An application for the va- IT UP AGAIN—A LITTLE EACH WEEK AND Conn W R guar 15 Nor Conn L & P ptd s Plimpton Mig Co ... cancy was recelved from Leon | e bl Lo Sl g g e Tocsko, and he will appear betore the WHEN NEXT YEAR COMES AROUND YOU WILL panies Southern N E Tel .... 1 | Russell Mfx Co ; board at the next meeting. e B & Tress Thomp W Co_ pfd ... 30 [ eth-Thom Clock prd : The commission voted to pay the | KNOW RIGHT WHERE YOU CAN PUT YOUR Bank & Trust Co 2 2 Thomp W Co com . ... 3 Keth-Thom Clock prd doctor's bills of Captain Fl‘f‘d Smith | " s . Wik, Companies il SRR Al b ot Al Do PANDS DI ) SURTETERE L IaRE o u?“r:- 180 X A\;:nl;“;?’(u: Co e, Standard Serew com .. 353 38 Hill avenue Thomas Roper. of }-;|\gx|\o‘ YOUR VACATION. e Lkt AsmyBram o 182 P |3R & Level . 5 Company No.;3 was allowed five daye etna Na bank 21 : Am Hardware R Prateired - et A e b raprelerTed DL T LET US HELP YOU REPAIR THAT ACCOUNT Morris Plan Co Am Thread pfd ...... Terry Steam Turbine 5 Mort. & Title Co ] Automatic Refrig Co Torrington o pfd ... Britain Trust Co. . 5 Rige-Hfd Cpt pfd Torrington Co com ity Trust Co " Dottt Boase e : Union Mfe Co 5 Anna Newbauer and Myrtle Brayne e ew n aln rus o Band & TiHrust dmtelasto . U S Envelope pfd .. 3 a7 |arc spending a few wecks at the > it S st Ll U 8 Envelope com . 1 Brayne homestead in New London. d States Bank ... C.* & B Co o e e Street Trust 25 Collina ¢ WhItieck ol Riipe D. J. Mullen and son, Dan. Jr.. have | Inurance Com- oW Avms 1l 80 | X 5 Macime nrd o returnied from an automebile rip to THE CITY’S OLDEST TRUST CO. panies Kagle Lock Rutland, Vt. bile Insurance 278 Fafnir Bearing C o' — Miss Anna Mullen, daughter of Mr. Fire 5 75 uriMn Tob Co pfd . ACCEPT DAY lmm Mrs. D. J. Mullen of Hillside I Jieo : g oo 5 e Place. has entored Mt. St. Joseph's iR Swe - HEQ AU LSS oo s s Academy at Rutland. Vt ix Fire . . Hart & Cooley ..... s Controversy Between City Flectrician rd Fire Molyoke W P Co .... e Inter Silver pfd ....., N Int Stiver com ... . The board of fire commissioners at [ Johns-Pratt Co . . 25 a meeting held last night, voted to Falls, Mrs. F. C. Bauer and granddaugh- {ter Miss Alleta nyder, have returned from a w visit n Shelbourne Mass.