Evening star., 1941-01-10
More Disputed du Pont
Stock Paid Back,
5. E. {. Reports
Other Dealings Show
Many Gifts; Tunney
Buys Aviution Shares


By the Associated q.
Pierre S. du Pont paid back 47,000
shares of E. I. du Pont de Nemours
common stock-involving about ST.
100000 at current market prices
during November, the Securities and
Exchange Commission reported to-
day in its monthly summary of
transactions by officers, directors
and principal owners of corpora
tions.
Mr.. du Pont, a director of the
company. originally borrowed more
than 100000 shares in 1919. This
loan was the subject of S. E. C.
attention about two years ago when
it was contended that by not re-
porting it, Mr.. du Pont had failed
to show that he owed more shares
than he held directly. Through the
transfer of 315 shares in October
Mr.. du Points direct holding ex-
ceeded the amount owed under the
loan for the first time.
At the end of November, his di-
rect holding amounted to 16,073
shares and the balance owed under
the loan was $4,000 shares. Mr.. du
Pont told the commission that the
two accounts were separate and that
the shares owned should not be
regarded as an offset against the
shares owed. He also has large
indirect interest in Du Pont COM
mon through his ownership of
stock in Christiana Securities Corp.
S45O,O00 Gift Reported.
H. Fletcher Brown of Whining
ton. Del, vice president and di-
rector of Du Pont, reported that
he had given away 1900 shares of
common stock, having an aggregate
current market value of around
S450,000. Charles M. A. Stine of
Wilmington gave away 100 shares.
Other important transactions
during November included:
S. w. Winslow, jr., of Boston gave
away 800 shares of Boston Herald
Traveller common stock. Roy Bur-
lew of Owensboro, KY. gave away
10000 shares of Ken Rad Tube &
Lamp class A common.
Philip K. Wrigley of Chicago gave
away 500 shares of William Wrigley,
jr., Co. capital stock. Charles S.
Woolworth of Scranton, Pa, gave
away 1,500 shares of F. w. Woolworth
Co. capital stock. w. G. Winterbot-
tom of Cambridge, Md, gave away
5000 shares of Phillips Packing Co.,
Inc, common stock. and w. Winter
bottom, jr., of Cambrige reported re-
ceiving a gift of 1000 shares of the
same issue.
John D. Rockefeller, jr., reported
the sale of warrants for $500 shares
of Colorado Fuel g. Iron Corp.
common stock. Mr.. Rockefeller has
been selling the warrants frequently
In recent months and his holdings
dropped to 74,672 at the end of
November.
Tunney Buys Aviation Stock.
Gene Tunney of New York bought
1000 shares of Aviation g. Trans
portation Corp. common stock. He
now holds 1000 shares and with his
wife owns Jointly another 5000
shares.
The managing director of Stock
holms Enskilda Bank. Stockholm.
Sweden, reported that 535 900 shares
Of American Bosch Corp. capital
stock which it owned through a
subsidiary had been transferred to
wholly owned subsidiary of Aktie-
bolaget Duba Stockholm. which is
rs per cent owned by Aktiebolaget
Investor Stockholm. Stockholders of
this latter corporation, the report
said, are largely Identical with
stockholders of Stockholms Enskilda
Bank, which had acquired its in
direct interest last May from Ad-
ministratiekantoor Voor Interna-
tionale Belegging, Amsterdam, Hol-
land.
Callahan Zinc Lead of New York
reported that it had disposed of its
entire holding of 361, 600 shares of
New Park Mining Co. capital stock.
The Pennsylvania Railroad Co.
reported the sale of 48 500 shares of
common stock of New York, New
Haven e. Hartford Railroad Co., re-
ducing it's holding to 271, ,425 shares
at the end of November.
Racing Stock Sold.
James H. ConnorS of RoXbury
Crossing. Mass. sold $4,000 shares
of Narragansett Racing Association.
Inc. common stock. S. M. Fairchild
of New York City sold 10000 shares
of Fairchild Aviation Corp. stock
and James S. OgSbury of Jamaica,
N. Y, bought 10000 shares.
Hughes Tool Co., Houston. Tex,
continued its acquisition of Trans
continental & Western Air common
stock with the purchase of 5,400
shares, raising its total holding to
1893 $50 shares Cities Service Co.,
New York, bought 42,700 shares of
Richfield Oil Corp. common stock,
increasing its holding to 942,700
shares
Members of the Pew family in
Philadelphia sold more than 1000
shares of Sun Oil Co. common stock
during November. Mary Ethel Pew
sold 1000 shares: Mabel Pew Myrin,
2.925; j. N. Pew. jr., 1900, and j..
Howard Pew, 1900 Samuel B. Eek
ert of Philadelphia sold 100 shares
of Sun Oil common and gave away
$50 shares.
Devonstreet g. Co., New York, sold
It's entire 1892 shares of Suburban
Electric Securities Co. common stock,
and James L. Richards of Boston
bought 4,297 shares of the same
issue.
Fisher Sells Udylite.
Fred j. Fisher of Detroit reported
the sale by a holding company of
16.100 shares of Udylite Corp. COM
mon. Robert E. Wood of Chicago
sold 500 shares of Sears, Roebuck &
Co. common, and Edgar B. Stern of
New Orleans. La. reported giving
away ESQ shares held jointly with
his wife.
Among the other gifts reported to
the commission were these: