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MONDAY BUS. ISSUE ADM, UBRARy Volume 171 Number 4897 York, N. Y., Monday, April 10, 1950 : New General RAILROAD INDUSTRIAL - INSURANCE - Admiral Corp.—Acquires Galesburg Firm— The price The Calendar division will continue manufacture to its In its present channels. company specializes contained The cubic 5 compact in in a package kitchen product consisting of a refrigerator, sink, range and wall cabinet, all foot space of a •' Galesburg plant consists 16 acres of ground. ment and It has of 265,000 10,000 feet feet square of overhead of floor equip¬ conveyor said that public acceptance of Admiral's new line of cold refrigerators, introduced this January, had been so great that the company would require additional manufacturing space Midwest ,at this for y Income Page.; . (Stocks)... Los Admiral therefore plans to enlarge the ; plant to 365,000 square feet by the end of the year.—V. 171, p. 1353. Philadelphia-Baltimore San Francisco company or. March 2S filed a letter of notification with covering: 295,000 shares of capital stock to be offered at 6EC ($1 share), per the proceeds to working to go capital. the 35 _._35 Exchange Exchange. Curb Exchange involved. , Aeronautical inc., Securities, N. Toronto „ City- -Registers Y. Transactions New York The corporation on March 31 filed a the SEC covering 39,000 shares of capital Calvin Bullock, New York City.—V. 171, registration with statement Transactions New stock to be underwritten by 553. < p. Stock - Quarter Ended Dec. 31— Sales Profit before Federal taxes— income v taxes . per not profit __™__ v; $1,993 Y "■Adjusted net loss; the company previously reported $4,604 for this period.—V. 171, p. 1257. See Mississippi Gas Co. below.—V. 170, '•$25,385 " .... ;.40 Dividends Declared and Payable Foreign 1077. Exchange Alabama Great Southern RR.—Partial Redemption- Reserve There have been called for redemption on May 1, 1950, $112,000 of bonds, series A, due Nov. l, 1967, at 100%% and Payment will be made at the Guaranty Trust Co. interest. ,of New York, 140 Broadway, New York 15, N. Y.—V. 171, p. 1353. * 43 Statement of Federal Banks ; i43 ..1 Federal Reserve System purchase of maximum a There 92%) have said to The difference held 2,726 shares shares outstanding, owned are asset an by value between of $15.28 value of such, purchases/to the Act. order bad share of exempting or and a less, it from printing i-"'. v;'' /;•'•; j . shareholders 100 fees is reduced, Aldred the as Investment a to proposes persons until April to The loan will insurance company. . request a '1 •- •' 1 , working capital, and the The ' t The 27 filed a letter of notification with the to 250,000 shares of common stock to-be offered at share), the net proceeds to be used to acquire oil and leases, and for working capital. No underwriting involved. per . unsecured liquidated ; proceeds of necessary; , shares of the Net to outstanding American-Marietta Co.—Conversion Privilege inated— " The matic Provision ■< Net on Feb. 28 voted to eliminate stock on preferred • to for provide $1.50' the 29.—V. 171, p. Amount a' $32,000,000 backlog of unfilled military business, Lawrence D. Bell, the annual report issued to stockholders and the backlog stood at $30,000,000, he said. disclosed in A year ago on bank credit to handle year.—V.' 170, this the "$4,000,000 p. being borrowed now, to Nov. 15, 1952.—V. 171, P. 357. ' - for Federal income tax 2,314,988 2,177,22® —$3,798,919 $3,102,625 . share of commdn stock— of profit per FINANCIAL CONDITION AS OF $1.79 DECEMBER $1.47 ' 31 1948 1949 $ assets, Investment and less reserves.-—— miscellaneous" assets.^— 2,586,214 and equipment (net after depreciation) Prepaid and deferred items__ Y 97,991,351 103,522,360 ...... 1950—2 Mos.—1949 1950— Month—1949 1948 1949 2,536,77® 23,488,955 21,952,010 ' 1,549,940 1,759,309 131,356,837 124,030,077 $694,747 $778,820 : "7 /-C-Y. 171, p. 1042. $1,110,737 .7'";7;' 7 LIABILITIES— accrued payables— income and excess profits taxes. operating reserves.. ...—— Reserve for contingencies.. Capital stock <2,117,453 shares)™ -Year Ended Sept. 30— sales ...I Net Net income after ■ . on preferred stock—. Dividends on common —V. declared per common 101,805 . ' 104.046 366,572 10,000,060 10,587,265 10,587,265 78,830,225 74,458,235 Total -V. 171, ... p. 555. V : ... —131,356,837 124,030,077 366,572 $1.51 stock share.— 171, p. 1257. 1,697,930 656,287 Dividends declared Earnings, 1,728,950 10,000,000 1948 $31,501,237 $33,297,908 ... 11,164,689 1,403,048 ... 1949 . taxes—— 16,090,939 12,367,122 "Sundry Armstrong Rubber Co. (& Subs.)—Earnings— 18,169,177 Federal $1,255,749 :-V-'■ Accounts and — —V. $4.35 .... 7. . St. Louis Listed and Unlisted Securities Associated Natural Gas Co. Tuisa, Okla.—Files With v.The company on March 14 filed a letter of notification with the SEC covering 2,500 shares of common stock to be offered at $100 per share. The No American Molasses Co.—Loan Placed Privately—It was announced on March 23 that this company has refinanced proceeds are to be used underwriting involved.—V. to build a natural gas transmission 171, p. 846. \ • Edward D.Jones & Co. line. Established 1871 " 200 North 4th St., St. Louis 2, Missouri -• its long-term indebtedness by borrowing $2,000,000 from Members > Atlanta & Charlotte Air Line Ry.—Partial .There bp.ve been called for redemption on May 1, Redemption 1950, The Chaise National Bank of New York, Second National Bank of Co., 70 Broadway, New York 15, N. Y.—V. 169, p. 1442. New York Midwest $148,000 of first mortgage 3%%'bonds dke Nov. 1, 1963, at 101%% and accruedinterest. Payment will be made at- the Central Hanever Bank & Trust Boston, Commercial National Bank & Trust Co. be ' 298. Angerman Co., Inc.—March Sales 10.8% Lower— — line of a in aircraft production- recent rise was ASSETS— Plants 1794. p. S Corp.—Arranges Bank Credit— SEC- provision for auto¬ common . . subject to court approval at a hearing 358. profit writing involved.—V. 168, Elim¬ V stockholders conversion of class B common stock into ,t share for royalties: and other operating income $52,379,209 $49,586,997 profit before provision for Fed. income tax 6,113,907 5,279,851 Current Period End. Mar. sale $36,678,530 amendment The company on March 24 filed a letter of notification with the SEC balance of the motes will be used, to the be applied to the redemption of 4%% cumulative preferred stock, at $110 per share-(exclusive of dividends), and $10,300,000 will be used to discharge a portion of the company's serial bank loan notes <2% \ (exclusive) of interest). The balance, if any, of the net •.<proceeds will be added to treasury funds of the company.—V. 171, p. 1257; net convertible, be to Bendix Aviation Corp. (& Subs.)—Earnings Show Gain covering 10,000 shares of capital stock (par $10) to be offered at $25 The proceeds are to be added to working capital. No under¬ per share. on March 31 filed a registration statement with the $27,000,000 of serial notes, dated May 1, 1950, to be offered for sale at competitive bidding. : ^ extent ' - charter a Mr." Bell' said w-ork. ' St. Paul, Minn.—Files With SEC company 151,623 k Net sales, corporation on March Anchor Casualty Co., covering ;:-The who did There Americans The report also revealed that the company had obtained ~ American Gas & Electric Co.—Registers With SEC— ' covering .up ($1 par Sales SEC consider President, 'f > plant; $292,600 for additional (unspecified).—V. 171, p. 1353. the accept Three Months Ended Dec. 31— on Its by outstanding held by Dutch offer. It is expected that they retire the balance Of American Petroleum Corp., Pittsburgh, Pa.—Files— gas March 31 filed a registration statement with the SEC covering 480,000 shares of its common stock, $1 par. V.Graham & Co. (Pittsburgh and New York) is named as the prin¬ cipal underwriter. The stock is to be offered for public sale at $1.50 per share, with a selling commission of 28 cents pel* share. Proceeds of the financing are to be used in the amount of $253,000 for the purchase and installation of additional facilities to complete company held stock. employees. American Cladmetals Co.—Registers With SEC— The to corporation is working most of which are in Orders, con¬ SEC 7 an and will be amortized at the rate of years, The average rate is approximately 3 % %. Of the net proceeds, $631,000 will be used to a loan made in 1945.—V. 170, p. 297. * interested 12 $150,000 annually until the last note, which amounts: to $375,000. v.; 7, • Y;77;Y'7'\7 V': 7;'7Y\/. The earlier notes bear interest at 2%% and the later ones at 3%%'i.l' make Company ■ given hearts upon the proposal.—V. 170, p. 781, York, and for run or Feb. 28, 1950. price is based at purchase :. number ' SEC The - from share, a , accounting estimated at $2,772. an stock common $14.26 which 32,690 shares tor L. Rosenthal. The stock is per the and a»d counsel sequence application for its at Bemberg common into a is also made to purchase shares common v- March on The of New of Richard of that expenses In the event of stockholders shares common 70,000 failed Bell Aircraft ' consideration .upon of minority 35,616 are than more 109 $38,927.28. 30,000 $1.50 preferred is to preferred - This trust, a N. Y. investment company, has made application to the for an order authorizing and approving an invitation by Aldred approximately preferred stock which conv. offer An The settlement agreement was SEC total which new holders- .....43 Aldred Investment Trust—Seeks to Buy Stock— to cum. American $1.50 preferred stock, the company will not create or issue any stock having priority to this stock. v;The agreement also provides that no later than 5 days after approval of settlement by the court Beaunit Mills will call a meeting of stock¬ - Condition Statement of Member Banks of first mortgage 3Vi% -accrued 43 Rates Combined Condition ■. for share, into common stock until Feb. 1, 1955, or with respect to any shares called for redemption prior to the date fixed for such redemption. The dead¬ line on conversion of present stock is July 31, 1952. The new stock will be redeemable on any dividend payment date on 40 days' notice at $25 per share, plus accrued dividends. Provision is also made for a sinking fund .at thc rate of 5% of net earnings after taxes, for re¬ demption or purchase of shares for retirement. It is also provided that, without consent of holders of two-thirds of, News.Cover 48 State and City Bond Offerings The Course of Bank Clearings Merger & Financingp. over • The Redemption Calls and Sinking Fund Notices .43 Alabama Gas Corp.—Proposed share $1.25 preferred stock in exchange for their holdings. additional an stock, •' Miscellaneous Features profit of net a for ' 1,200 " •; ;; $6.77 , will now exchange their American Bemberg common for $1.50 3,193 —; t> $3.09 $5.03 273,564 Bemberg common held by American stockholders at $26.0075 are accept are "'"i General Corporation & Investment Net 258,313 share. There 31 1948 $1,487,240 - 259,388 preferred issue. conv. cum,, interests 1949 $1,420,572 ... 643.015 261,407 holders of common stock.—V. 170, p. 2126. share offered American 32 ,,, " . 645,770 changing of Beaunit Mills $1.25 was $1.50' National Quotation Industrial Stock Averages. 31 Air Associates, Inc.—Earnings— $1,287,326 273,564 $2,024,039 273,564 I 648,475 At Dec. 31, 1949, the holders of preferred stock numbered 1,332, and the Exchange____.32 (Dow-Jones) $1,588,526 According to recent press reports, it is understood that an agreement been reached settling litigation growing out of the company's acquisition of American Bemberg Corp. The basis of the settlement is 41 Jork Curb Exchange.. Stock and Bond Averages —.1. stock ,stock_-__,___. ... common . 40 Markets. 1,200,000 ; 250,000 has ___37 Exchange Over-the-Counter With SEC— 1 Stock Stock Exchange—Curb Section. 640,000 Beaunit Mills, Inc.—Accord Reached—Purchase Terms 36 Toronto writing 28,444 710,000 preferred on on there were 3,385 36 Montreal under¬ No Stock $3,502,483 70,171 com'; stock outst., Dec. 31 per common share... Earned 35 Stock $1,997,497 58,096 37,676 Shares of 34 Montreal par 48,117 $2,394,298 ,*-«—t notes payable...^.... income Net 33 Exchange $3,040,943 413,423 . Appropriation for contingencies % Aelus Wing Co., Trenton, N. J.—Files With SEC— $1,944,265 53,232 conts. Federal income ta>;es_i_Y_._;____._ - Dividends Pittsburgh Stock Exchange. The $2,324,925 69,373 etc.__._l of ™__._ on Dividends . Stock 1,034,330 sale of real estate on ____32 Angeles Stock Exchange termination Loss 32 32 Stock'Exchange investments, 37,387,03® ■.,.814,589' 40,074,760 1,078,003 profit from Interest .27 Exchange Midwest Stock Exchange purpose. 31,202,895 Total income > 11 __.__..23 (Bonds) Detroit Stock Exchange ^full-length and expenses, Income from Cincinnati Stock Exchange Huarisa Mr. ■ Curb Boston Y.V • Stock Exchange New York space Stock Exchange New York four, railroad sidings leading off the main line! of the Santa •••'r,v v.;;i'v,-. ■;V"' ■. New York 66 inches. '1947 1949 1948 ! $34,605,823 $43,053,355 $41,242,568 r delivery sold, Provision for depr. and amort—... Operating .. ' of."goods other - T-his Issue Stock and Bond Quotations line present Years— ... Cost not disclosed. was Midwest of Kitchen Kraft equipment, marketing it through on MISCELLANEOUS - Saies t.and that S. S. Battles, President of Midwest, will continue operation (Of the Galesburg pla'nt in the capacity of Vice-President for Admiral. '';?e. Copy a " corporation has purchased the Midwest Mfg. Co.; Galesburg, 111., Huarisa, Executive Vice-President, announced on March 31.J The acquisition, Mr. Huarisa said, said, brings the number of manu¬ facturing plants owned by Admiral to nine. He added that the new fplant will be known.as the Midwest Mfg. Co. division of Admiral Corp., John B. ; Cents Atlas Powder Co. (& Subs.)—Earnings— w This *The 75 Corporation and Investment News PUBLIC UTILITY - Price New Stock Stock Exchange Exchange Chicago Board of Trade York Curb Exchange (Associate) Phone CEntral 7600 Bell Teletype SL 593 2 company has applied (o the entire line of railroad in Marlboro length.—V. miles In 145, ICC for authority to abandon its County, S. C., approximately 23.44 income Net 1090. p. Sales Off 24.9%— Bond Stores, Inc.—February sales —V. 171, p. 946. for mortgage bonds James V. Toner,' Invited for Bonds- ♦Total 1142. 2,316,888 887,874 2,414,124 2,550,862 - for income Federal Income Reserves 647,o60 ,Crl,181,520 _ BALANCE, SHEET, Number shares common ♦Earned per common —. Nil $1.97 JTransfer from reserve for basic metal share preferred dividends, ♦After liProfit—V. inventories. $1,213,957 1i$l,934,895 942,990 942,990 ■ - - - 170, ' 2126. p. Improvements, on and < . i coastal Adv. Scott Packing & Wilmington, DeL—Files Co., The company March 21 filed a letter of notification with the SEC offered at $100 per share, share of common stock to accompany eachnpre¬ on covering 221 shares of preferred stock to be with bonus a of one The proceeds are for working capital. ferred share purchased. No un¬ derwriting Involved. Insurance Other Materials The on March 30 filed a registration statement with covering 28,458 shares of common stock ($1 par value). corporation SEC the SEC— Corp., Ltd.—Registers With Canadian Admiral - These shares are part of scares of 95,925 offering an by the company to its shareholder on the basis of one-half share share held of record on April 5, 1950, at a price of $5 per share in U. 8. funds. Of these, Admiral Corp., parent, has sub¬ scribed and paid for 67,467-. shares, its proportionate share based upon Its ownership of 134,935 shares. each Holders stock record of to are April on offered be the shares of same basis. No Corp. has agreed to 56,916 the remaining shares on the of 5 28,458 Admiral purchase any shares not acquired by other stockholders. underwriting Canadian Involved. is Admiral However, radios, electric ranges and June, "for the purpose of 1946, television electric sets, refrigerators, $473,625 used be to early in 1951."—V. 171, p. 1354. ocupancy 8,857,539 9,077,867 7,236,035 10,782,049 981,051 1,360,672 13,188,540 13,188,540 1,293,295 12,460,156 47,339,979 8,492,454 47,157,050 props. 46,994,057 15,485,865 11,546,859 ..— lund— 30,504,810 12,483,756 16,698,580 25,350,000 80,055 3,240,099 22,889,000 26,290,000 1,235,255 49,486,147 ; 14,380,154 1 FebruaryGross from Net from Net ry. $648,106 235,643 119,730 $625,622 231,023 117,740 ' 147,223 railway oper. 59,518 income— 1,713,565,416 1,709,010,491 From Jan. 1— Net 1,520,982 " J,297,419 1,231,145 385,347 584,064 448,245 income— 193,810 359,636 199,003 427,983 193,426 from Net ry..„oper. 171, 1142. p. preference stock 4% consol. Net Funded debt February- Payrolls — — 1950 1949 1948 1947 — $169,197 $158,794 $165,562 $155,443 *17,528 *74,387 *105,250 *73,819 *123,135 *172,059 Net railway railway— Net ry. 345,358 171, 350,983 373,011 325,850 *16,685 income— oper. ♦Deficit.—V. - —V. *120,835, *151,837 *108,572 *222,796 *285,893 of 75,301,000 9,284,072 Net Net ry. 8,071,951 7.053,336 4,410,125 9,511,393 963,390 4,491,862 9,452,084 938,186 2,278,841 13,339,604 1,741,565 2,278,841 10,697,532 8,200,593 17,850,000 4,118,819 25.350,000 4,119,173 declared — . pages earnings from industrial and rail commercial passed those of any 4.504,542 operations in 1949—"a throughout progress of year sustained Canada"—again sur¬ showing improvement over 1948, were substantially below the re¬ quirements found reasonable by the Board of Transport Commissioners. slight a The rate property of return 1.96% was the on for the net investment the even directors Capital appropriations for new freight cars, rolling 50 1949, year stated the modest dividend 500,000 720 have time from of the company in —V. that has for 1950 stock, express been total making cars and paid 4,015,422 $33,400,000 317 work and for include 58 diesel 13,188,540 6,714,070 34,458,562 65,586,757 206,730,777 — 6,141,811 34,453,562 63,116,505 196,737,313 6,475,843 34,458,562 60,722,480 279,123,961 ACCOUNT FOR 1949 $ Freight Passenger —— — — Mail Express Bleeping, parlor & dining —— car«and Total „ miscellaneous The $ $18,585,919 292,495,828 expenses: — — 153.961,543 154,068,982 133,952,979 117,897,963 70,872,355 68 360,870 54,776,657 50,492,658 75,653,176 72,520,498 62,285.265 59,198,942 8,179,977 7,760,322 7,073,114 6,405,678 7,583,779 7,620,076 7,224,984 7,879,733 17,396,562 15,841,608 14,207,796 6,615,460 8,024,445 16,172,935 1,336,025 1,552,032 1,022,248 1,075,703 20,631,969 —23,636,653 18,419,166, 24,864,949 —— Railway tax accruals— Hire of equipment met) facility rents (net). Total Fixed income charges —i —v— Net income Preference dividend-1— . Wvb. — on ordinary stock 44,268,622 14,543,817 29,724.805 ; 3,872,768 lb,750,000 12,900,540 16,877,264 V. ry. 1947 $2 ,211,312 698,968 496,000 288,895 254,201 218,361 147,109 5,102,687 5,326,954 4 ,677,244 1,577,722 5,289,916 1.233,807 1,244,033 1 ,020,815 600,728 428.845 394,930 317,021 income— 1042 1949 1950 $12,783,147 railway railway 1948 1947 $13,804,580 $14,007,674 $12,850,704 2,701,949 2,904,745 2,629,491 3,131,463 813,794 869,112 665,791 1,339,414 26,325,390 28,193,975 29,183,405 26,887.103 5,488,333 6,139,359 5.810,721 6,986,989 1,549,602 1,968,765 1,725,338 3,142,088 income—,. oper. from Net from ry. —V. railway—__ railway income oper. 171, The 1146. p. scheduled was to about completed be April A 1. tration 168, V" $C,015,325 $7,354,283 charges— 855,527 1,087,568 State inc. taxes 338,520 430,950 1947'$5,349,511 567,240 225,450 $517,007 360,000 $1.44 $056,616 360,000 $1.82 $341,790 360,000 $0.95 sales > after Proiit Fed. alia —V. ... outetdg.— com. share. shs. per 170, p. from Net $098,523 360,000 $1.34 from ry. Gross has of due the called been involved.—V. for 170, redemption sinking fund, the at and 102 $47,000 accrued p. own 1950 1949 1948 1947 $2,374,519 $2,539,800 $2,246,332 89,854 254,827 260,693 *20,887 *164,089 *67,344 ?75,241 4,598,531 4,898,556 income income 5,177.220 4,749,466 393,382 186,295 422,042 598,149 *208,025 railway oper. *371,022 *343,zlj *42,837 171, p. 1253. Tower, Inc., a subsidiary, has obtained a mortgage $5,300,000 for 20 ye,ars from an insurance company office building at 70 Pine Street, New York, known as Sixty Wall Tower. A loan of $1,690,000 for 15 years has also been obtained from a savings bank on the office building at 52 Wall Street and 51 Pine Street, New York.—V. 171, p. 1355. loan of will Payment 208 be Collins & Aikman Corp. made (Excluding La Salle So. 9 Months Ended— Total income 596,265 Interest just prepared an analysis on this corpora¬ tion, with emphasis on the various reorganization proposals as they affect the investing public.- & State inc. Fed. 466,122 400,591 8,137 29,164 403;960 214.674 notes on 568,144 $781,875 '$5,947,050 47,123 invent— ' Nov. 29,"47 Nov. 30.'46 $1,176,987 pension of 1 Subsidiary) Nov. 27,'48 $839,783 Provision for Write-down has (& Subs.)—Earnings— Canadian Nov. 26,'49 Depreciation States Electric Corp.—Analysis Issued— exchanges, the on 1391. of Chicago, City Central its 276,986 railway from from ry. on May 1, 1950, through first mortgage bonds, 2r/«% of interest. National Bank & Trust Co. St.,-Chicago 90, 111.—V. 1.70, p. 2127. at regis¬ Cities Service Co.—Unit Secures Mortgage Loan—Sixty underwriting 1971 granting from Wall SEC Central Indiana Gas Co.—Partial Redemption— There order $2,282,298 railway—— ♦Deficit.—V. March 28 filed a letter of notification with the SEC covering 1,500 shares of 5% cumulative non-convertible pre¬ ferred stock (par $100) and 3,000 shares of class 3 non-voting com¬ mon stock (par $1) to be issued at par, the proceeds to ret.re in¬ series the railway— oper. Net corporation* on operation sirike From Jan. 1— 428,200 2127. No an to Illinois Central RR. Co. for issuance of in exchange therefor.—V. 146, p. 1545. Net 1946 $6,351,111 1,126,723 - Central Airlines, Inc., Ft. Worth, Tex.—Files With debtedness. of by Net proiit issuance (consolidated 3"2% Chicago St. Paul Minneapolis & Omaha Ry.—Earnings Gross 1948 1949 the Stock Exchange announced New York February— Carpenter Steel Co.—Earnings— Quarter Ended Dec. 31— 31 the securities (plus cash) ? /; ■ the listing date that en ' 1358. p. V' March on and mortgage) gold bonds due June 15, 1951. According to the application, only $180,000 of the bonds remain outstanding, the $227,000 balance outstanding on Sept. 15, 1949, having been deposited in acceptance of an offer made 2^,000 new SEC application of an ft. plant in Sa,n Antonio, Texas, is scheduled for completion in May will house The Federal Envelope Co. of Texas, a subsidiary.— ;P;" Net Court Approves taxes- 98,474 Crl20,OOC 249,000 133,000 2,187,000 t$302,239 Nil 20.843.050 24,788^927 22,779,794 47,681,116 43,622,844 15,890,264 15,787,174 18,488,113 27,393,851 31,893,942 25.134 731 4.557,682 4,557;682 4 557 682 16,750,000 lo,750^000 $261,369 $174,616 $3,330,295 the The Ridge into stock of this company if asset values are 'participation available in stockholders States the at of Central security the States. holders effective company are * To not the date would be extent satisfied of that in the claims stock common tEarns. Central States Power & Lisrht ., ■/.- K".'" Central States Power & Light Corp. and Central States Utilities Corp. dissolved in December. 1S49, and $69,336 remaining assets wtre p. Ic9§. . $13,989,856 tAfter i- $5.82 aggregated the end of year.—V. tLoss. earned at Feb. 170, 28, 1*948, 1696. p. (& Subs.)—Earnings- 1949—3 Mos.—1948 1949—6~Mos.—1948 $16,886,664 $37,052,918 $44,650,190 $69,637,058 823.004 *3,270,597 *591,828 *5,696.257 1,145,355 1,136,343 1,145,355 1,136,343 Nil $2.77 $0.31 $4.80 share preferred dividends.—V. Commerce Acceptance Placed Privately—The Co. 171, p. 190. of Atehison, Kansas—Notes has placed privately $400,000 of 10-year 4V4% subordinated notes due 1960 at par with the Guaranty Mutual Life Insurance Co. of company , Omaha and the Bankers Life Insurance Co. of Nebraska. " This issue is subordinated to the finance lines., Corn.—Dissolution, Etc. were 170, shares com. per plant. .• " Ogden Corp., in process of liquidation, states that idle cash is on deposit for redemption of Central States 7% preferred stock, 5% de¬ bentures, 5J/2% bonds and 6% secured gold bor.d~. transferred to Ogden Corp.—V. revs — ♦Profit, of the of oper. No. to reorganized company they' will have an interest! in the order of their priorities, in the contingent assets of the estate, which would be segregated from the reorganized company.—V. 171, p. 946. & loss a company's previous fiscal Sales plan. accorded compared with Net would. be about reorganized as company-s $0.31 surplus $0.46 sale of the Colorado Fuel & Iron Corp. issued to debentureholders and 7% preferred stockholders of Central States, and also to minority stockholders of Blue Ridge. The 6% preferred stockholders of Central States vfould participate in the reorganized company only company. 1948, 27, Period End. Dec. 31— single open-end investment a share. $511,115 profit on Nov. of $13,829,125 April 19, 1950, has been fixed as the date for submission of an order of-approval of the trustees' amended plan. The trustees' amended plan provides for the liquidation of American Cities Power & Light Corp., a subsidiary, and the subsequent combina¬ . I ♦Includes As proceeding. tion of Central States and Blue profit Earned per com. Butcher, trustees of this corporation, reorganization proceedings in Richmond, Va., announced on March 31 that U. S. Judge Sterling Hutcheson filed a decision on March 30, 1950, approving the amended plan of reorganization proposed by the trustees, subject to minor amendments recommended by the SEC, and acquiesced in by the trustees. Judge Hutcheson also disapproved the other plans and proposed amendment* filed by various parties to. the common 22,892,189 Trustees' Plan— Carl. J. Austrian and Robert G. in No 43,284,115 13,750,000 1943 $2,643,460 644,465 From Jan. 1— building in \ : 1949 $2,625,890 income— railway from Net subsidiary, a new Central ; Net earnings— Other income 1950 776,950 railway p. from Gross borrowed $245,000 secured by iirst mortgage Omaha, Neb. The company's new 42,000 sq. ft. building in Sacramento. Calif, was completed in January, 1950 and the new general office^ building in their $ 17,286,943 Miscellaneous operations General Jt. 1946 15,883,954 Maint. of way, etc—— Maint. of equipment—. 42,57y . 1947 293,248,589 287,148,260 250,893,574 218,550,608 38,203,597 38,273,299 40,322,874 45,380,645 4 283^654 4,312,952 4,175,758 4,173,769 8,210,065 7,345,784 7,309,759 7,103,863 19,306,189 539,933 269,251 $2,501,848 railway oper. 171, Net Dreyfus & Co., members of the New York Stock Exchange and other 18,169,407 Transportation Traffic $ 4,447,936 807,958 275,703 February— 1949 the Federal Envelope Co. of reports that during company Nebraska, on $24,- YEARS 5,147,8C4 720,290 179,101 1354. 171, p. units, earnings. 363,252,094 355,249,702 gross Operating 1948 4,961,624 647,906 Chicago St. Louis & New Orleans RR.—Off List— cars. CALENDAR from ry. Gross 1,648,453,823 1,713,565,416 1,709,010,491 principal INCOME 4,128,100 Chicago Rock Island & Pacific RR.- -Earnings— 3,702,115 12,460,156 in recent years. provision 35,462 income— oper. Net Carpenter Paper Co.—Unit Secures Mtge.—Expansion rail to 122,976 railway from Net —V. 324,478,772 13,188,540 insurance Total far below an adequate level. time, net earnings from rail operations have been insufficient to provide any return to holders of ordinary stock. But for the unusually large income from other sources it would not have been possible for the company to meet As 132,753 From Jan. 1— 4,408,801 439,851,108 3,498,643 —— The ^previous year but net earnings, though 276,860 1042. froi.-. Gross 5,188,998 4,386,012 Unadjusted credits Prem. on cap. and deb. stock. surplus Proiit and loss surplus— Earns, 1419, 1420 and 1421. 1947 $2,129,629 426,691 27,600,000 404,871,524 investment.. for Gross opera¬ Gross 1948 $2,559,725 346,026 47,028 railway p. from 5,141,369 651,677 reserves for Reserve tions for the calendar year 1949 are given in our issue of April 6, 1949 $2,415,840 railway 171, 14,359,066 8,117,505 renewal res._ way & Reserve Common re¬ 1950 income— oper. 102,037,000 Deferred liabilities Net Canadian Pacific Ry. — 69th Annual Report—The marks of W. A. Mather, President, covering the The bal¬ purposes.— 273,233 February— *223,203 *129,475 corporate Chicago Great Western Ry.—Earnings— 137,256,921 3,974,440 Contingent reserve 1142. p. ry. 295,438.229 charges current liabilities— Depreciation Net from from from Net 335,000.000 accounts payable dividends Unmatured Other *112,607 From Jan. 1— Gross Net from Gross 295,438,229 balances—--. fixed Accrued *52,194 railway railway Net ry. oper. income— from general $1,964,686 railway oper. 335,000,000 137,256,921 - ——— traffic Net and — Gross. from Net ry. 295,438,229 79,373,000 vouchers sq. Pacific Lines in Vermont—Earnings— for From Jan. 1— 335,000,000 137,256,921 —— stock— debenture Audited Omaha Canadian from 14,769,474 4% V;i'- 1,186,738 Net —V. 'V; railway— railway—— from Gross .1 used Chicago & Eastern Illinois RR.—Earnings— February— from railway 1,648,453,323 Ordinary stock ' -V.,:' be LIABILITIES— ■ 1947 $731,477 261,420 161,099 $551,196 railway— will proceeds Gross 17,968,071 42,644,680 —— the company under claim for relief. withheld by the 169, p. 1448. 14,741,596 20,209,438 35.145,313 17,670,714 33,635,835 - V. 238,296 3,(81,185 31,667,000 1,217,424 36,712,903 1,629,937 46,305,383 13,875,642 bale— of ance Net 1948 arrangements have loan of $300,000 27,600,000 80,438 2,787,245 • receivable— Land 1949 that company proceeds will be used to pay under protest approximately interest, of excess profits taxes levied during"the war plus and years 13,423,071 / Canadian Pacific Lines in Maine—Earnings— 1950 reported insurance an ■4 Part of the $150,000 34,645,823 17,850,000 bonds— conductors' for with interest at 4%%. tr. deposit. on made been March in President, ad¬ and — Maint. incidental home appliances." proceeds from the sale of the 95,925 shares of stock for the purchase of a 10-acre plant site ($40,000); erection of new plant ($350,000); additional machinery and eouipment ($30,000); and additional working capital ($53,625). Thus, the com¬ pany "plans to erect its own manufacturing plant in the ^Toronto (Canada) krea in 1950 and it is expected that it will be ready for The are ' ' 6,819,809 etc— other Total 1355. p. # paid in adv._ accounts Miscellaneous and distributing in Canada purchasing, or phonographs, electric in organizd was assembling manufacturing, Cash offered for sale for Miscel. 978,391,565 on Cherry Rivet Co.—Private Financing—W. B. Hubbard, supplies and and Agents' March 20 filed a letter of notification w.th the of common stock (par $1) to be offered through Robert D. Bowers Co., Denver, Colo. The to be used to build an oil seed processing plant.—V. 171, corporation covering 170,000 shares $1.50 per share, 54,545,107 Canada of SEC 107,956,776 securities unadjusted debits Dom. of 204,108,946 fund prem. and paymeDt 102. 59,418,471 discount Unamort. including 114,304,439 Unexpended equip, Maintenance auditions property 171, p. 204,087,782 investments and for purposes, 116,768,991 62,476,772 replacement lands The $ proceeds are iund investment*—_ Steamship Unsold With SEC— 1947 1,067,116,833 1,016.617,517 to settlers vances used be borrowings.—V. 206,806,978 collectible Mortgages to are corporate Chemical Crops, Inc., Morrill, Neb.—Files With SEC— 31 at payments Insurance other (cost)— controlled prop., to Deferred financing and $1,000,000 of outstanding bank leased prop. steamships- Acquired securities Miscellaneous Brown DEC. 1948 V-.v'' $ -if;' S Ry., rolling stk., inland steamv ships, hotel, communication and miscellaneous properties Ocean loss Net improvements ($2,- income 1949 and $2,325,000 in 10W8). 1949 taxee—j —— other taxes on the Proceeds of $26,036,653 $27,189,949 $24,788,927 $22,779,794 income. COMPARATIVE wm»«S May com¬ deducting provision 400,000 in SEC the 4,202,264 ASSETS— 1__ corporation on March 30 filed a registration statement with covering $2,000,000 of first mortgage bonds, series P, due 1, 1980. The bonds are to be ofiered lor sale at competitive bidding. The corporation also has filed a registration statement seeking registration of 8,000 shares of preferred stock, $100 par value. The method and terms of offering are to be disclosed by amendment. -V':V:.' '.'7 . 3.800,347 Bridgeport Brass Co.—Earnings— S"5f.SS3-~~ ' , 2,731,936 Corp.—Registers With The hotels & other ♦Before Light Corp. above.—V. 166, p. 368. Securities and Exchange Commission— 7,463,516 4,027,041 2,277,589 miscellaneous— a (EST) on April 10, 1950.—V. 171, p. to 12 Noon VP , — Net earnings irom whole of an Issue of $18,000,000 first scries B, due 1980 will be received at the office of Pre ident, 12th floor, 182 Tremont St., Boston, Mass., as 3,7^670 steamship coastal munications. purchase the ocean irom earns, & V 4,429,819 & misc._ lines $9,183,882 $11,302,871 * Boston Edison Co.—Bids Bids Net 1949 1950—2 mos. 1950- Month—1949 $3,954,251 $5,263,522 Period End. Feb. 28— Net inter¬ irom States Power & Central $8,563,152 Central Vermont Public Service est, txchg., separately props. Central States Utilities Corp.—Dissolved— See 1946 1947 1948 $17,012,357 $19,80e,469 $14,547,415 —— Monday, April 10, 1950 YEARS CALENDAR FOR 1949 Dividends oper. * INCOME OTHER RR.—Proposed Abandonment & Che raw Bennettsville The CHRONICLE FINANCIAL & COMMERCIAL THE (1458) . Commercial Credit Co.—96.6% of company's ■ Common bank credit ■•■■■■■/ Stock Is¬ sued in Conversion of Preferred—Balance Sold—Kidder, Peabody & Co. and The'Tirst Boston Corp., managers of the underwriting group for Commercial Credit Co.'s call of its 3.60% preferred stock, par $100, announced on 11 Volume April 171 THE Number 4897 that all but FINANCIAL & Detroit Harvester Co.—Earnings— shares were converted into expiration of the conversion privilege on April 4, 1950. Of the 277,978 shares of com¬ mon stock reserved by Commercial Credit Co. to provide 5 5,430 stock prior to the common COMMERCIAL Year End. Sept. 30— Net Net after Federal * 1948 1949 sales—. CHRONICLE Erie RR.—To Issue ♦' 1947 The 1946 $30,741,039 $32,396,475 $21,713,103 charges income 2,847,594 1,042,139 1,045,000 459,000 Cr758,000 $1,872,130 $1,802,594 $3.82 $583,139 $1.30 $15,929 $3.99 for the conversion, 268,476 shares were so issued. The remaining 9,502 shares (representing 3.4% of the total common shares reserved), which were purchased by the underwriters, have been sold.—V. 171, p. 1259. * of its Continental Commercial Corp. Year Ended sept. 30— Total Net income income Common —V. $312,272 240,310 i ■ Continental Gin Inc.- -Conversion Co., outstanding ry. 1949 $141,628 $150,406 47,936 61,761 directors The the 4V2% 161. Gross v ; . Privilege from Net from Net ry. —V. 33.372 36,954 March on 2 voted cumulative preferred extend to conversion the stock for five privilege railway—. 171, 280,344 231,700 326,792 57.649 income.._ 90,713 41,556.. railway______ oper. > 254,691 144,499 56,916 sales profit 111,979 85,881 1949 and 1948 Year Ended Sept. 30— s-iies Net income Number ' , shares 1947 after of taxes 453,211 170. 656,293 650,000 ; sharcs________._ common 1948 1 650,000 1,362,000 $0.75 ____ $1.09 divs. $3,008,245 866,584 $2,350,744 1,008,762 745,606 SEC 186,626 217,688 164,687 Davis paid—— Class B com. divs. Earned per class A share $2.52 class $1.26 per 1940): J. ' ' * O'Rourke M. Committee, formed to represent holders of April 28, 1950 (extended from committee has lie en 3\\% -5% bonds due following mortgage B share—— 1260. $4.41 ' * • —v. after 1948 1947 $1,625,814 4 1,946,668 $0.84 $1.09 —_ corporation covering ployees at March on ($100 The and to increase of The company be used to retire capital. operating . . Manufacturing Co., SpC to company filed 29 letter a YYY YYYYYY.Y Switch of 4'/a % sinking fund debentures due 1962, Ohio Co. The proceeds are to retire outstanding notes and the balance of price for assets of MU and D.vision Chase-Sliawmut of Crbft Brewing ■■ Co. corporation whole or in corporate Gross $69,226 33,348 purposes.—V. from Net irom Net ry. of raw shares in $1,000,000 shares—- and molasses. sugar 954,181 v $3.01 ,____ "':f from ry. dividends. tExfor contingencies of Curtis Manufacturing of capital 1948 1947 $810,124 $872,567 193,365 Earned share. per 165, to $1.67 $4.19 $4.51 __ . 891,732 941,308 749,498 62,766 171, *22,209 125,413 60,328 *27,845 *101,643 28,636 March on filed 29 letter a notification of 1047. in units of unit. per $100 The The debentures of the of name proceeds to are and shares ten underwriter off pay will current be of for bids merger The shares are of which first month leading a with net The shares $545,638 $1.09 The a profit for during the entire year 1949, with of $99,560, according to C. E. Wool- Manager.—V. the addition cooperation dealer wiring ■?>'/? ' filed with the Commission in abeyance pending consideration recently obtained. unnecessary subsidiary company of an 170, p. - to be for called of owner to 200,000 of program, of • used redemption consummation upon of the 2424. p. been Co., Mines ranges in ■ " and and to of 100 shares notes and 200,000 be issued in units of $100 stock for $100 per unit. The proceeds will (par of cents) 10 .to underwriting involved. No (Reg. U. 8. Patent Elkhorn district termination of a two-year operational and Associated Mines Development March 6 resumed operations at its following this company to *33,366 7,419 *49,165 *23,784 *81,955 *26,164 *65,329 *47.596 *114,412 *24,504 *63,528 *44,069 *110,534 ry. 171, holdings the group , bids, also for a 2Ya% coupon, were; Morgan Stanley & Co., 101.563; Drexel & Co., 101.4739; Lehman Brothers, 101.4099; Harri¬ man Ripley & Co., 101.229; Shields & Co. and Salomon Bros. & Hutzler (Jointly), 101.2079; Blyth & Co., Inc. 101.15; and Union Securities Corp. and Equitable Securities Corp. (jointly), 100.96; Regular redemption of the bonds may be made at prices ranging other 1 from Empire bonds these to shares Office) held. William increased during 1949 and now total about capitalization Is 1,000,000 shares, of which shares outstanding.—V. were on the proceeds from the sale improvements, extensions and addi¬ tions to its utility plant or to reimburse its treasury in part for ex¬ penditures made lor such purposes. The company contemplates making expenditures of approximately $93,500,000 during 1950, 1951 and 1952 lor the construction or acquisition of property. r- 'r tion acquisition of or permanent COMPANY—Is engaged, within the State of Georgia, in the genera¬ of electric energy and its distribution and sale at communities, as well as in rural areas; the sale at whole¬ sale of electric energy to 44 municipalities and 37 rural cooperative associations; the transportation of passengers by trackless trolleys and buses in Atlanta, and environs, and by buses in Rome, and the produc¬ tion and sale of steam for heating purposes in the main business dis¬ trict of Atlanta. The territory served by the company ha?»an estimated tion and retail In purchase 585 in of excess 3,000.000 and covers estimated an shares The of at capital the proceeds GIVING CAPITALIZATION First TO EFFECT 3%% 3%% series, series, series, due purchase Property ing 1952 stock 1, 1977—_ 10.000,000 Dec. due 2 Vn % 1, 1978—— 12,000.000 15.000,000 April 1, 1980—; obligations (matur¬ 98,000 to 19691. (without par value) $5 preferred cumul.: 1,000.009 shs. 500.000 shs. 433.869-shs. 5,000.000 shs. 3,750,000 shs. preferred in (without par to and in principal table the name amounts limited bonds. & of each of the Bradford C. & F. Cassell & Carl & Co., M. W. E. & & 600.OOO Thomas 250.000 1,250,000 Copeland & 100.000 Kendall, Inc..- Fauset, Steele & Co. 500,000 Brothers & Co & Co , . Watkins, Morrow & Co.. Wheelock Co._— 300,000 stock late are of for ,/"■ to seven be offered new at shares working capital. ;V. Y.,'V. par for 200.000 Wyatt, Neal & Waggoner Hirsch 600,000 F. No Definitive 3%% ($10 per eight Definitive each underwriting at the New exchange Yantis Trust for outstanding Co., Inc. 100.000 200,000 bonds, 3%*S series due 4J178. are available 100 Broadway, New York, N. Y., for Co., temporary bonds.—V. 171, p. 1357. Company, Publishers, 25 Park Place, New York 8, N. Y., REctor 2-9570. Herbert D. Setbert, twice a week [every Thursday (general news and advertising Issue) with a statistical issue Dana & Bonds Ready— first mortgage York 100,000 150,000 Inc. S. 300,000 Cummins, & Eruce Co._____.____ 150,000 Walter Stokes & Co.— Heller, & Co.____ 200,000 Wells & Co.T_ Co.._v Patterson, Stern Hayden, Stone & Co.___ 1,250,000 100,000 Miller 100.000 Otis 250,000 , C. R. Co 600.000 150,000 & JIOTZ: Dana 135 On 6. Seibert, La Salle account the fluctuations in the rates of exchange, remittance for foreign subscriptions and advertisements must be made In New set 1^250,000 _ Martin & On.__ & Hill 948. p. the are Rhoades Co. Milhous, Mullaney, 150.000 Inc. Cooley & Co.___________ & underwritten Loeb, 150 000 ' Securities Corp. Clayton and underwriter bonds 600,000 Co._ Inc Co., principal new 250.000 Co Broome & Stockton Burr & 400.000 1,250,000 Bear, Stearns & Co.__ C. principal amount at any one various conditions set forth by 100,000 Co._-__ Whipple & Co.__ Bacon, 14,570 shs. below: Halsey, Stuart & Co. Inc. $3,400,000 Atwill * : aggregate further mortgage securing such PURCHASERS—The — value) $1,000,000,000 outstanding the * —i_ stock *Liinited time Outstanding $101,271,000 Dec. due 3%% FINANCING NEW Authorized bonds— series, due March 1, mortgage Editor and Publisher;, President; William D. RIggs, Business Manager. Published on Monday]. Other St., Chicago 3. Ill (Telephone State 0613); 1 Drapers' Gardens, London, E. C„ England, c/o Edwards Sc Smith. - Copyright 1950 by William B. Dana Company. ■» Reentered as second-class matter February 25, 1942, at the post office at New York, N. Y., under the Act of March 3, 1879. Subscriptions In United States, U. S. Possessions, Territories and Members of Pan?» American Union, $35.00 per year: In Dominion of Canada. $38.00 per year. Other Countries. $42.00 per year. v William offices: of area approximately 49,700 square miles. March 10 filed a letter of notification with the SEC stockholders B. 171, Oil of Texas, Inc., Dallas, Tex.—Files With SEC 13,868 sharet redemptions run from 102%% to 100%. portion of the funds required for construc¬ to provide a J. H. Hilsman & Co., Inc. 650,000 company covering 100%. Special to 105%% PROCEEDS—The company proposes to use Gregory & Son, Inc.__ \ were Authorized approximately The 1261. p. series due 1980 at The bonds were awarded at competitive sale April 4 on its bid of ] .-Y,. \ 101.63999%. J. Muring Co. involved. Chronicle Co.—Operations Resumed—Financing Oregon. acres. *49,826 1,686 *13,606 respective company on Feb. 20 filed 27) covering 40.000 shares of 1,400 $454,116 $421,924 $209,149 oper. Common develop mine properties. Property ;<f 1950—2 Mos.—1949 1950- -Month—1949 $20(1,593 .102%% and accrued interest. March 20 filed a letter of notification with the SEC property Sunshine ' Financial when Okla¬ Georgia Power Co.—Bonds Offered—Halsey, Stuart & and associates on April 6 publicly offered $15,- Mont.—Files Dillon, ^ a letter of notification -1 effective capital stock (par 10 cents) to be offered at 5o cents per share, the proceeds being used for resumption of development and mining work at the Elkhorn silver-lead properties and for other and additional nominal expense as may be required in connection with properties under operational agreement with the announced at auction on March 6 City brewery was sold income__ oper. incomeapplic. to int._ ry. Pfd. stock common between Feb. electric have "> •' „ merge This 1697. V oper. population Co., proposes company on notes Co. allowance Commercial Co., Co. The company on policy applies to ranges and driers for single homes, terrace-type multiple dwellings and apartment buildings of not more than two stories and continues until Jan. 31, 1951," Mr. Compton said. Mr. Compton estimates that in the forthcoming sales activity, about 80 customer offices will sell 10% of the merchandise and 90% will be sold bv dealers in the area, totaling about 1,200 in number.—V. 171, 1356- eliminate Edison agreement by Fred A. Compton; Vice-President and General Sales Manager. The began in late March to furnish the wiring on electj-ic ranges and clothes driers without charge for the next 10 months. new will Edison sliver-lead company "Our the covering $200,000 of non-interest bearing production net profit General plans using,a Gas in held ^ Detroit Edison Co.-—Adds Electric Ranges— ' years Valley ... gave interested persons proposal for the merger Subsidiary of General SEC upon Edison first was being action Elkhorn Mining $0.90 showed Merchandising the 3, hearing With SEC— 1948 $450,967 Oklahoma from rev. forth taxes President and Blackstone by its sever Inc.—Earnings— Earnings per share Each April a Elkhorn-Beaverhead 1949 underwriting No 'yf The plant had been shut down since last fall continue prohibition.—V. 169, p. 27ol. $6 of Year Ended Dec. 31V* March owned shall Eastern f,.. Metropolitan proposal merger.—V. 148, .1356, p. : Co. Inc. subscription by stockholders at the rate Delta Air Lines, after that by the Pennsylvania P. U. Commission, Edison, are be income Net Railway of all the outstanding common Edison into itself and effect a dissolution of Edison in exchange for the surrender for "cancellation of all the latter's issued and outstanding capital stock and the assumption of all of Edison's duties, obligations and debt, including particularly $305,000 of first mortgage 3Vu'/o bonds, due Feb. 1, 1966, secured by mortgage and deed of trust dated Feb. 1, 1941, given by Glen Rock Electric Light & Power Co. (to which Edison is suc¬ cessor) to the Marine Midland Trust Co. of New York, as trustee, stock White^ Weld & Co., and Shields Co. (Jointly), a compensation of 22 cents per share; Lehman Brothers, 24.8 cents; Harriman Ripley & Co., Inc., 26 cents; Blyth & Co., Inc., 28 cents; Kidder, Pen body Co., and Merrill Lynch, Pierce, Fenner Beane (jointly), 171, by , , 1260. p. request into 1946, merger were: cents.—V. Ordered Corp. Metropolitan share for each six shares held. new one share. Utilities .The December, Metropolitan headed by W. C. Langley & Co. and the Union Securities Corp. won the award of the 232,520 shares of common stock at competitive sale on April 5 on its offer to underwrite at $21 per share, the offering for a com¬ Other directed properties gas 171, announced to 10 The Light Co.—Stock Issue Awarded— per the company at A group to be offered for order an April approval ■ pensation of 20 Vz cents Associates—Dissolution further Co.—V. and ex¬ capital. working lor j Railway oper. revenue.. Seven approved by the Commission," by stock supplied and debt pansion. Delaware Power & Utilities Public with and debts t* 1 Georgia & Florida RR.—Earnings— *4,458 881,764 p. Commission this of covering $249,500 of 5-co-12 year 5 % debentures (face value eachi and 24,950 shares of common stock (par 10 cents) to be amendment. p. 1,601 Edison Light & Power Co.—Proposed Merger— In corporation offered five 35,242 9,216 "terminate Its existence and distribute its assets to its holders pursuant to a fair and equitable plan to be filed Electric 681. p. SEC man, 63,306 193,365 Dairy Dream Farms, Inc., N. Y.—Files With SEC— The Net 13,470 *27,147 on April 5 announced a decision under the Holding Com¬ directing Eastern Utilities Associates, Boston holding com¬ Act until 32.2 84,718 The SEC & with the 000,000 of first mortgage bonds 2%% relationship with 1949 .i shares. With SEC— notification of to voted 'Deficit.—V. / pany The 193,365 after taxes income letter . af 1947 1948 45,581 income— Eastern security $323,317 Year Ended Nov. 30— Number ' Period End. Feb. 28— $386,342 SEC— Co.—Earnings— filed a 28 ■ $90,000. Ry.—Earnings1949C $462,915 railway- pany, treasury. SAlso after provision each year.—V. 170, p. 2583. March on >. • The former Net $460,773 $494,209 railway— oper. with and of for other and $4.27 XAfter preferred in .•.■■■' •' with ^ 1950 railway— 'Deficit.—V. 4,098,604 2,772,476 912,300 _________ share common . "*■,.. "!*' (Peter) Fox Brewing Co.—Sells Oklahoma Brewery— homa statement facilities additional p., 1260. railway. income from 1948 1949 taxes.-.—. common per ♦Includes cludes $101 171, oper, Net Subs.)—Earning!— (& Sept. 30— profit after tEarnings $100 the cost of part, Duluth South Shore & Atlantic 78,928 V 3,000 cancel to '■* for $68,142,598 $66,463,643 tNumber the registration a company used be ■ Registers From Jan. 1— ♦Sales —V. in February— 1948 s . Cuban American Sugar Co. Net filed 31 P. involved. ■ Corp. Net SNet — Exchange ^Commission— March on $1,525,575 $1,524,359 $589,213 ' 'r'' \ 948. * 1950—3 Mos.—1949 .1950—Month—1949 SEC Gross Year Ended Laboratories, Inc. Mont and covering 250,000 shares of class A common stock (10c par). principal underwriters are Kuhn, Loeb & Co. and Van Alstyne The public offering price and underwriting terms are to be supplied by amendment. The company intends to. use the proceeds of the stock sale to pay, 1881. P. Du No 1.9%— Fishman Co., Inc.—March Sales Up covering Surplus $151,028 profit after taxes.______;__ 169, letter of notification with the SEC par ($100 machinery underwriting involved. The 'V- 1949 taxes__; before the Noel (Boston)—Earnings— Year Ended Dec. 31— Profit a registration statement with the Distributors are Paul H. Boston.—V. 171, p. 103. a and The Crosby Corp., Forest Products, Inc., Attica, Ind.—Files C.—Files-^ Corp. ' —V. the offered by The debentures Net with notification of $250,000 covering be March on With O.—Files Columbus, Securities and Exchange Commission— The B.) iacil.tlcs. With Securities , The Crise plant expand (Allen short-term bank loans $200,000 r April 3 filed on involved. shares of common stock (no par) and $30,000 of 4%% first mortgage bonds due I960, the stock to be sold at $10 per share and the bonds at, their principal amount. , The proceeds will 1,000 shares of preferred stock to be offered at share). The proceeds are to be used to buy additional and of the company. through the officers share) per t8 proceeds are filed a letter of notification with the preferred stock to be offered to em¬ 24 shares 3,000 par March 30 filed Chicago, Co., $600,484 The ") covering per SEC & 171, SEC Cortland, N. Y.—Files With Crescent Corset Co., Inc., underwriting No $2,113,509 1,946,668 Dorchester Fabrics, Inc., Summerville, S. The working capital. covering 400,000 shares of capital stock. —V. 1949 1,946,688 $0.76 Fifth Ave,, Securities and Exchange Commission— , stock Sales ' 680. p. .. .. $2.81 $1,480,854 taxes capital shares—— i7i, .. . March 31 filed a letter of notification with shares of preferred stock (par $10) and 8,400 (par $1) to be offered., at par. The proceeds on 5,000 common (M. H.) Earnings per share— (Chairman), E. G. Laubenhiemer, and Saul Freillich New York 17, N. Y.—V. 170, p. 1493. (Secretary), 551 interest lower $5.62 $2.21 < Mines, Ltd.—Earnings— profit to are Fidelity Fund, Inc., Boston—Registers With SEC— • Year End. Dec. 31— Net Number steps is based on bond interest paid by the 1357. p. Period End. Mar. 31— Court & Remsen Building Corp.—Protective first 171, The corporation on 980. p. Dome The ' paid— Earned 171, p. above the 1,725,000 $1,321,315 A —V. that states Co. companies and to lower rental costs to itself as part of covering of for are 810.000 Class $9,740,695 $12,596,056 Earnings per share —V. 1949 ; ______________________ RR. corporation SEC the , 1 Net Erie to lessor lessors.—V. $39,791,340 $42,454,392 $42,221,501 2,131,315 3,712,744 4,733,245 royalties alter charges income Net * $246,500 first mortgage a 68,206 • Inc.—Earnings— Federal income tax Copeland Refrigeration Corp.—Earnings— bonds mortgage Evans-Vance, Inc., N. Y.—Files With SEC— Devoe & Ray n olds Co., Net to issue proposes rent which the company now pays 1047. p. Net 1955. to July 1, years The costs The Ex- 1877. p. 1947 •' '• Erie Ry. proposes to issue a $170,500 first mortgage to the Erie RR., the proceeds to be used to retire bond bond to the Erie RR., the proceeds to be used to retire $186,500 first mortgage 5%s due 1978, and $60,000 second mortgage 6s, due 1979 both of which are redeemable at 107 V2. 56,325 30,516 19,522 , Year Ended Nov. 30— —V. 50-year 2% $125,715 24.5)4 income lessor com¬ both $130,00 first mortgage 5s, due 1956, and $40,ouu second due 1957 both of which are redeemable at 105. Goshen & Deckertown Ry. 1948 Deckertown Ry.'co., & 50-year 2% 1950 oper. and Goshen Co. Montgomery & after ' tended— of year-end, at in January, 1946.—V. 167, p. 2360. $109,453 railway. railway From Jan. 1— 6,530 240,310 44,084 131,670 240,3101 1280. p. from Net (& Sabs.)—Earnings$458,580 from Net 1947 outstanding shares of Ry. panies, $0.04 Detroit & Mackinac Ry.—Earnings— Gross $788,775 , . —_ number the s , 1948 taxes_i__ after shares 163, — ■ February— 556. 1949 __ tOn 'Loss. the balance company on March 16 announced that it will retire funded debt of $183,000 on June 1, 1950.—V. 171, p. ... share.— allowance for two-lor-one stock split Consolidated Cement Corp.—To Retire Debt—The Erie & Not profit tEarnings per Bonds, Etc.— company to the Guaranty Trust Co. of New York at 100 plus interest. The proceeds will be used to purchase first mortgageu bonds of Montgomery <'742,070 1,180,000 3 has applied to the SEC for authority to issue $417,000 consolidated mortgage bonds, series J The bonds will be issued first $9,251,127 3.052.130 taxes— (1459) York funds. 4. THE (1460) (BSC h$SQ company covering The The filed a registration statement with the of 4%%'- cumulative preferred stock,*/ shares of stock, $10 common and proposes to offer holders of the 20,000 shares of outcumulative first preferred stock, ($100 par), the.-privilege exchanging each share of such preferred for one share of 4%%. preferred and 3% shares of the new-common stock, % iAn the-. in engaged wood pulp papers, including lithograph papers. end book, bond, , YYY/./\ at $25 unit. per The proceeds four-engine helloplane prototype. with to are No underwriting Indiana & Michigan Electric Co.—To Borrow— the The " - used be company has received SEC authorization to borrow from time to. time during the remainder of 1950 sums aggregating not in. excess of $5,000,000 The involved. ;; The There sinking authorized common stock was recently changed from 500,000* $1. to 1,000,000 shares, par 66% cents, to affect a V/2split up of the outstanding shares. series - •Warrants issued 'to former shareholders and subsequently acquired by underwriters in 1946, at the time of a common stock offering, now exchangeable for common stock, holders were told by H, L. Hoff¬ President, April on 5. Each Y 1149. entitles warrant . construction', purposes. called for redemption on April 1, 1950, all of 20-year sinking fund debentures/series A, 3%C series B, and 4% sinking fund debentures, l, .1966, at 103'%' and accrued interest. • 'Payment the Royal, Bank of Canada, in Montreal, Toronto, John, Quebec', Ottawa; Hamilton, London, Winnipeg or holder to.buy $4 per share;— Vancouver, Canada.—V. In the 171, p. 849. Stamping; Loan, etc.— & YYYYY;':Y/-:/YY , Y ,//YY.:Y Y ■ '/Y Home Loan & Investment Co., Grand Junction, Colo.— Files With SEC— . report, C. tional into negotiating for to retire Shares Publicly Offered—- covering BIyth & Co., Inc. on March 30 made a public offering of 59,494 shares of common stock at $28.75 per share, less a concession of 60 cents. Of the 178,535 shares recently offered'for This corrects * item 171; p.. in the "Chronicle" April of working is it conuectlonWith the teceht increased from stockwas capital the value-of stock issue 2-fdr-l aggregated to 750,000-shares. $1,575,000 of >*ftfr 848. ... 1261. p. to that H. Mayne, announced April 5. on $yE:yYy which The par $671,420 The 5,738 at - warrants to purchase 40,000 shares of common stock to ($1 per chare*, the proceeds to be used to equip and develop mining properties *#h Alaska. No underwriting involved.1 (W, T.) 1950—Month—1949 Sales per Charges that , $16,425,866 $16,496,003 $40,745,943 $41,743,731 upwards wasteful of this The of April 3 filed a registration statement with the BEC covering 118,935 shares of its $5 par common stock, which are to be offered to employees from time to time under an Employees •fifcock Purchase Plan to be voted on at the April 18 meeting of stock¬ company holders. All on officers and employees of the rbers of the.board who to full-time not are participate if designated by excluding memofficers, are eligible company, ' salaried the committee to be appointed by the lK)ard to administer the plan. i The purchase price board of board it>rlce, directors, has if authorized subscribed the closing Proceeds -funds sale of the of determined be to the for prior to stock 1, June price for the stock the from not be less than sale of stock in the 1950, the on lower. is sales under to time $22 $27 per New York Stock * , by the sharer. The offering at a initial of time per - v share . the plan wilhbe added to general available for "any corporate purpose."—V. 171, company ' . * L - * • been interest several by : who could year be specialists, who at Says En¬ 1950, "A check and which waste the company in excess costing survey loss of the at was $300,000 Hales —V. —$8,356,460 171, 1950—3 Mos.—1949 $6,926,065 $17,188,982 $16,512,008 1048. p. called from 1950 Net from Net ry. railway—. railway-— oper. 1949 1948 time of income— annually."—V. July dross Net Net from railwayfrom railway ry. oper. income. ♦Deficit.—V. 25,297,857 27,935,071 24,634,197 *967,826 3,728,895 by *4,185,565 191,913 the of stock is 605,771 Idaho Power company to April filed 3 registration a Period End. Mar. 31— fifties —V. 1950—Month—1949 $6,972,083 , 171* p. 1950—2 Mos.—1949 $6,793,166 $12,605,836 $12,575,712 1048. purchase Net (The) Grolier Society, Inc.—Debentures Placed Pri¬ vately—Schroder Rockefeller & Co. Inc. has placed pri¬ vately with an institution an issue of $3,000,000 4% subordinated debentures due March 1, 1960, it was an¬ nounced on April 5.—V. 166, p. 1788/ Hastings Manufacturing Co.—Common Stock Offered— F. Eberstadt & Co. Inc. and Watling, Lerchen & Co. on April 6 publicly offered 177,991 shares of common stock (par $2) at $6 per share. These shares constitute ap¬ proximately 17% of the common shares already out¬ standing and are being sold by a group of stockholders. The offering COMPANY—Is was oversubscribed. leading a manufacturer of automotive piston rings distributed nationally for .sale in the replacement field under its trade •lames/including the well established "Hastings'' and "Hastings SteelVent" names, A wholly-owned subsidiary manufactures and distributes nationally "Casite," an automotive oil additive; used principally to formation of sludge and to remove carbon deposits; a com¬ panion product, "drout," is an automotive gasoline additive used prin¬ cipally to prevent freezing in the fuel system. A Canadian to subsidiary rings, Casite and drout in Canada. V-Y/Y In 1947 the company introduced a line of premium-priced automo¬ tive spark plugs, also for sale in the replacement field under the "Hast¬ ings" name. Introductory and promotional expenses have resulted in operating losses on this new line up to the present time. / . . . The principal manufacturing plants of the company and of The Casite «Corp. and their executive offices are iocated in Hastings, Mich., and occupy approximately 142,500 sq. ft. of floor space. The Clover Foundry •Company, a wholly-owned subsidiary, operates a gray iron foundrv oc¬ cupying approximately 26,000 ft. of floor space in Muskegon, Mich.' The plant of the Canadian subsidiary is at Toronto, Ontario and con¬ tains approximately 8,600 sq. ft, of floor space. All plants are owned In fee. Consolidated United States to $5,243,006 current assets Government and current liabilities were of at Dec. securities equal 31. 1949. including aggregating $1,357,365 to approximately 3.9 $1,327,889.—V. 171, p. 1261 / times cash securities of at company's The from has and $1,948,000, will transmission option an be and funds are expected through the bank issue 171, the stock dividends. new ($50 Of and preferred holders to cumulative intends to redeem be to loans debt' of The time on new at or after stock is redemption before April redeemable March 1, 1960, 31, and term for 4.70% bank 1955, be option $51.50 income per share with for or other lunds, cumulative preferred stock, will on if for its transmission if ar distribution on the payment up it to 10 a.m. Room 1567, (-CST* of $10,000,000 first on. April mortgage 231 12 So. La receive bonds due Salle systems bids St., for retire to Chicago, the 1980.—V. 480,000 $2.01 $1.52 1950—Month—1949 I 1950—2 Mos.—1949 $999,184 $2,468,266 $2,088,986 297,783 173.622 652,542 394,227 215,557 122,365 473.026 279,090 187,921 91,990 417,755 from revs.____ ry. income lfr, 218,311 ^ 849. p. 4 v ; Salt Co.—Secondary - ....... Distribution—The (no par) at $58 to dealers of 75 cents share, with per share.—V. 170, per a con¬ p. 180. 1950—Moiuh—*J949 S4,827.060 *Last year's figures closed in December In from 1C43. Power & is company to purchasing also are the unexchanged purchasing for immedi¬ 85,372 shares of common stock. The company at. expiration of the exchange offer will call for re¬ demption, at 102 V2 and accrued dividends, all of its old' preferred stock that has not been exchanged. * COMPANY—Is an area the to for revenues 83% be of 1949 gas, July of shares the the nation's amounted from to the sale steam and hot is intention the 22,/2 cents per $10,905,157. of the 49,290 preferred shares stock,- of of Iowa, Iowa which and serving corn Total area. of electricity the on are B board the *; belt, operating approximately the new of balance directors common to from stock, declare Y payable : being preferred series in central water. share stocks the of farming Y new business electric heart richest 1950. 1. of in through the derived was sale dividend a on engaged extending considered retiring 1261. Light addition PURPOSE—The will 171, p. v - $8,338,352 leased departments its DIVIDEND—It 111., S3,271,978 oi Co.—Exchange Offer offering to the holders outstanding $100 par value preferred 'stock the right to exchange such shares for 108,834 shares of new. 4.80% cumulative preferred stock of $50 par value and 839,628 shares of new common stock. The exchange offer, the pur¬ 1949.—V. Electric Iowa 1950—2 Mos.—"1949 $4,723,008 adjusted to eliminate sales the theJ* meet purchase 171, p. ;■? ate sale of expenditures to To Receive Bids for First Mortgage Bond Issue— at $913,783 600.000 shares, the underwriters or chase, transmission, distribution and sale of electric energv and in the purchase, distribution and sale of natural gas in the State of Illinois. company 68,038 682,953 April 12, 1950, is being underwritten by The First Boston Corp. and G. H. Walker & Co. and' any¬ COMPANY—Incorporated in 1923. is engaged in the production, The 2.375,313 $1,664,774 $1,203,269 - oper. growth of load. and 2,078,907 $2,020,932 _ which will terminate redeemed redeemed used t 2025. p. rev. of either and $4,040,087 148,663 Underwritten—The through exchange or redemp¬ The company is carrying out a major construction program designed to increase its effective generating capacity from the nresent level of about 298,000 kilowatts to 525.000 kilowatts during 1953 and increase $4,099,839 664.000 Period End. Mar. 31— tion. to 1943 $81,168 3,958,919 Interstate Department Stores, Inc.—Mar. Sales Up 2.2% cu¬ .it comoany share be 1949 3,850,947 $1,181,630 equity- stock financing construction remainder ACCOUNT ; associates. the per start oper. from dividends. made The of $52.50 which obtained and exchanged. the used, loans construction. new to plus accrued PROCEEDS—Will short at prices ranging from INCOME ._ Sales preferred - has been reduced 1960 taxes_i_„. cession shares of outstanding 4.70% any remaining payments, 1, deductions of common stock basis, plus a cash payment of $2.14 per by the company to shareholders. The company mulative preferred stock not fund Julv on estimated $51 per share, plus accrued offering, 200,000 shares of the subject to proposal of exchange to 4.70% sinking . facilities. is share for share share the First Boston Corp. completed after the close of the mar¬ ket on April 5 a secondary distribution of 5,000 shares pur¬ total are the of the payment expenses International par)-at the in . , Illinois Power Co.—Preferred Stock Offered—Merrill; Lynch, Pierce, Fenner & Beane and associates on April 6 publicly offered 300,000 shares of 4.08% "cumulative pre¬ ferred purchase Of the $8,000,000 principal royaltieSi— sales 170, —V. 1358. p. to placed in 1948, and the remain¬ before July 1, 1949. or made additions for program interim thereof.—V; used distribution construction short-term financing combinations stock 1950 additional source# future and the with Inc. avail, for fxd. chgs. with shares. production, the internal additional amounted consolidated of $8,173,500. from shares estimated company's cost at •ptevent ti&ndies sales of piston proceeds, the The 10,GOO 10,000 additional to up registration statement a Net statement agreed to - was Period End. Feb. 28— covering 20,000 shares of its 4% pieferred stock ($100 pari. Wagener & Daly Corp. of Ecise is named as the underwriter. The stock is to be offered to the public at $100 per share, with a $2.25 per share commission t,o the underwriter. The underwriter has chase par ' International Rys. of Central America—Earnings— 16, 171, SEC (H. L.) Green Co., Inc.—March Sales 2.6% Higher- the effective assent April necessary.—V. Co.—Registers With SEC— on per •Yv'Y:" ' income Railway The filed 23 commitment but the final and of Net Net 171, p. 949. share. $10 1 Earnings per share 752. p. change to $500,000. Income (Phila.)—Voting Trust Agree¬ majority proposal to par Inc.—Registers With SEC— March on is 1953, Federal income 3,164,872 *5,076,328 _ 23,670,280 *1,722,511 . of no Gyosr profit The holders of voting trust certificates have been requested extension of voting trust agreement for five years from approval . ^company's annual report, stated: "A company's cash position and a projection requirements indicated it would not the change 1, —V. The No 171, ment— to Y be underwriting to $248,892 redemption 011 May 1, 1950, $30,000 of debentures series C, due May 1, 7963, at 100 and interest. Payment will be made at the American Trust Co., San Francisco, Calif. 171, p. 193. 1950. From Jan. 1— in Innes, are cash ing $3,750,000 Y'No Rentals our for Huntington Hall Corp. approved a from 2307. p. COMPARATIVE 4 VY/Y 1947 Inne6 of par) the Dividends $12,654,519 $12,206,309 $13,223,287 $11,813,373 224.330 13 656,762 1,669,522 1,464,257 *1,584,441 *2,346,546 28,500 294,731 _ 28 stock 156, amount, $4,250,000 Hunt Foods, Inc.—Partial Redemption— been working'capital." Years Ended Dec. 31— Great Northern Ry.—Earnings— February— in and Total have for $500,000 has been cancelled." —V. dross 20 pany, v 193. There Feb. on common 1950.—V. its future Cost 1950—Month—1949 (no be necessary to borrow the remaining $500,000, under its $8,500,000 Debenture Purchase Agreement with Equitable Life Assurance Society of the United States. The latter ' has purchased $8,000,000 3% debentures from the com¬ annual engineers continued William to stock International Cigar Machinery Corp.—Places Addition¬ Debentures Privately-rD. H. Haynes, President, on of of the findings we presented, however, show poor inadequate controls ar.d antiquated methods. Also we tangible evidence of corrective measures being instituted this and issued capital o| the first 12,500 shares > » Grayson-Robinson Stores, Inc.—March Sales Up 20.6% Period End. Mar. 31— 1. summary no sale be to common the 1 management, to the of review of the follows: as , the al their reported shares of indebtedness pay March the meeting. covering 3,657 single-payment plan investment units, series U, at $1,000 each, and 5,286 accumulative,- plan investment units, series E, at $1,200 each. The proceeds are for investment.—V. 170, p. 1295. by the elimination of hurled at the management and other directors at asked' were annual SEC suppressed, were April 3 by Joseph J. Cummins, former Chairman; heading a stockholders' committee to oust Morris is 12,500 shares Insurance Securities, saved was and 600 proceeds from The corporation on and business analysts of the • May * findings to Mr. Cohon, President of the railroad} Mr. Cohon rejected the report and instructed the May company to discontinue its work. The May company advised Mr. Joseph J. Cummins on March 24. / p. ' • practices railroad oh per the at borrowed. meeting April 12. In a statement mailed to all stockholders, which was signed by Mr. Cummins, along with Robert H. Bailey and David S. Fischman, the Committee said that in December, 1949, the George S. May Co., a well known business engineering firm, was retained to make an analytical survey of the H. & M. operations. The survey was made found 1048.. .... 5-year period with a shares on stockholders value March independent engineering report which showed that an $300,000 Cohon, President, or - Exchange < of the board group, may whichever 1950, April, <tn Is but over totaling $500,000 had of Insley Mfg. Corp.—Change in Par Value— gineers Report Was Suppressed-— 1950—3 Mos.—1949 Registers With SEC— ' Amounts /Hudson & Manhattan RR.—Cummins Group Grant Co.—March Sales 0.43% Lower— Period End. Mar. 31— borrowings up to $1,000,000 annum. for to The - of $42,000 only out of earnings accumulative subsequent to 31, 1949. December, 1949 the entire principal due on the RFC loan obtained 1949 was repaid and agreement canceled. This agreement provided 4% be offered at par number / at prices Mr. Payne- such loan," stockholders March 31. filed a letter of notification with the12,500 shares of common stock (par $1), to be offered' :: involved. for with the SEC The company on March 21 filed a letter of notification covering shares share, per The used /; In in Y com- 1598. covering Inc. Dec. Gold Strip Alines, Inc., Seattle, Wash.—Files With SEC the com/mon stock might accompany for'this purpose the the- authorized p. company $4 excess - provide exchange ing through Dec. 30; 1954. Under the terms of the loan- the company is, to maintain working capital of $1,000,000 and may pay ^dividends in was that Innes Shoe Co., Los Angeles, Calif.—Files With SEC—' The SEC The, company on Jan. 9 borrowed $500,000 from the First National - Bank of Chicago evidenced by 3Vt'/c unsecured notes, payable in annual installments of $100,000 ■ commencing Dec. 20, 1950, and continu¬ $5 par To 170, stated , ■ subscribed for 71,245 shares '(92%%') was President, long-term loan which, if consummated, will outstanding indebtedness/and provide addi¬ "Although no agreements/have been entered market present increase —V. Co.— Plans a capital. possible the said. value. par involved. Co.—92V2% of Stock Subscribed for—The preferred stock, it capital surplus and $903,580 to" earned surplus.—V. 171, 'Charged-to offered Hubinger Co.—Bank Loan Pays RFC— split, the- authorized 400,000 be shares not subscribed were taken up by a group of un¬ derwriters headed by Union Securities Corp.—V. 171, Gl©be*TJnion Inc.—Stock. Increase, Etc.— 'In at to No underwriting of the offering of 76,983 new shares of 4V2% convertible // V notes above with the SEC working capital. stockholders have 3.— ' 1358/:■'•/'Y/Y/" letter of notification a debenture 4% of Howe Sound by published " $100,000 The proceeds are for stockholders'at the same .'■price; 105,126' shares were subscribed for and' 13,915 shares were disposed of by the underwriters through sales of stock acquired by exercise of rights during the standby periodrr-from March 15 to March 29/ subscription The company on March 20 filed YYYY:'-'''Y" . present * Co.—Unsubscribed Glidden ' < Manufacturing; ; annual pany is be used • at Saint , //vY" 949. " Nov. made be Industrial the at for debentures, due C, will Halifax, 171, p. recently fund shares, par ■ were the outstanding 3%% for-1 man, used would Trust Industrial Acceptance Corp. Ltd.—Debentures Called— ' stockholders. Irving p. April 3 on be to be made in the amounts of $1,500,000 each Co. and Guaranty Trust Co, of New York, and $1,000,000 each from' Bankers Trust Co. and Mellon National Eank & Trust Co. .(the latter of Pittsburgh).—V. 171, common Co. and borrowings from Corp.—^Common Stock Offered—Wil¬ 1% shares of common stock (par value 66% cents* " • share common a Davis & V. mimeograph; tablet writing, Monday, - April 10.--1950 are manufacture and sale of chemical the letter of notification a stock (par 66% cents) at $18.50 per share, the proceeds going to selling proceeds of the sale of preferred and common stock to the underwriters will be applied to the redemption of shares of the 6% preferred not tendered in exchange for the new securities. is filed publicly, offered 50,000 shares of Cash company one Hoffman Radio . The March 22 liam R. Staats Co. and Paul H. underwriting/ group headed by Union ^SecuritiesCorp. - and fft'. »f5troud & Co., Inc., have agreed to purchase, at $50 and $13 per ehare, respectively, any of the preferred and common shares not j taken up under the terms of the exchange offer. The price and other terms upon which- the shares so acquired; will be reoffered * the underwriters will be determined on or about May 1, 1950. As compensation for the underwriting commitments, the company / ifrias agreed to pay to the underwriters for their pro rata account? <$32,500 plus $1.00 per share for each preferred share and 30 cents -for each common share not taken up under the exchange offer. | corporation on build to <ww • CHRONICLE SEC covering 9,000 shares of preferred stock ipar $20* and 9,000 shares of common stock <par $1) to be-sold in units of one preferred share par. company •ttanding 5% of 20,000 31 70.000 shares and par, March on FINANCIAL Sc Helio Aircraft Corp,, Norwood, Mass.—Files With SEC (P. H.) Glatfelter Co.—Registers With SEC— The COMMERCIAL issued stock, for series A the 7%. purpose the - of 15,605 6'/2%. ana the 43,939 shares of preferred stock, series C 6%, presently outstanding. All shares of new stocks not issued pursuant to the exchange offer including 85,372 Volume " Number 4397 171 THE COMMERCIAL ' ■, . shares new The •- /•; - common the to -•' - ,, of pursuant ••• ;' ■. i: 1 * - sold be to are purchase the to ; 1 for underwriters cash at $102.50 unpaid to treasury the old to plus July equivalent amount an 1950. 1, Any accrued to proceeds excess and $1,173,365 writers of expenses reimbursement CAPITALIZATION GIVING and $260,000 the to dealer EFFECT commissions managers. TO to PRESENT under¬ ' -- ' - FINANCING First , Mortgage the Outstanding to are begins operation agreed purchase to shares the from additional of suant underwriters new which have respective the company common below named not are being offered Common Shares First H. Boston Walker & & Blyth Lynch, Smith, Barney 14,322 & * ! Co C. S. Moseley Alex. W. Brown E. & & & Bacon. been Blunt Ellis Co., D. Pacific Co. & California— of & Co EFFECT TO Pierce Re:n'r.oIdt & Smith. Boenning M. 811 Lyons & Wheelock Barrett Co.__ & & Cummins, "'999,145 the treasury The SEC forth: Metropolitan St. Louis Inc Profit irom Otner 300,000 White, Weld & Co._____ of Co. 300,000 ''7/77.'' stock Sold—The V' subscribed not for shares 433,026 the by were 1359. p. Profit before income .95 Provision Federal sales Class B L. 470 for income Crabbe Figge-Vavra & Kosek Co & 1948 $1,295,174 740,305 282,000 11,000 taxes Earnings per .55 —V. p. .25 213 Co Net 10,040 337,000 $0.06 ___ outstanding $1.34 share common .25 Gross from' Net ry. $3,331,024 37,062 *541,785 *1,297,747 1947 $3,241,493 12,107 "761,257 1948 $3,511,213 "199,804 *655,599 railway "1,035,181 income oper. $302,779 $358,342 divs. inc. 10,654 44,080 30,846 72.702 73,130 110,788 133,512 $114,987 $140,001 57,632 63,395 63,395 additional provision in 1946.—V. $24,841 for genexal 169, 63,395 , contingencies 907. p. $40,000 of \ ( 1950—Month—1949 $9,046,700 171, $187,883 and , and 1947 6,101 7,910 14,862 tax_ paid "Includes in 8,634 12.44G charges - $113,306 Fed. declared 1.7% Higher 1950—2 Mos.—1949 $8,895,900 $15,983,100 $15,986,200 1049. p. Mercy Hospital (The Benton Harbor Hospital Associa¬ tion), Benton Harbor, Mich.—Bonds Offered—B. C. Ziegler & Co., on and April 4 publicly offered $250,000 3V2%, first mortgage serial and sinking fund bonds, dated Jan. 1, 1950, due serially, at 101 and accrued 3%% 4% 1, . bonds valued 1949 $3,325.,544 1950 railwav from 3,000 $207,495 interest. 1397. February— 1149. 1946 $355,342 18,417 $201,841 profit Cash The Net 171, p. $4^,305 $28,287 6,579 Long Island RR.—Earnings- .25 213 170, 1947 $284,362 4,696 depreciation- for —V. 337,000 dividends paid— shares 1948 $202,799 9^3 other and Prov. .55 213 __ .55 470 Co.. & (class A) common 1949 Period End. Mar. 31— 1949 taxes— profit 470 , ■ r ■ $200,869 opevations- Sales $1,961,712 39,287 — — Common .50 —_____ " Mercantile Stores Co., Inc.—March Sales Year Ended Nov. 30— Net Co Telephone Co., Ltd.—To Issue provide clearly for complete release of Standard 170, p. 1804. income for Prov. „ Lonergan Manufacturing Co.—Earnings- .55 & at 1951 secured are $1,798,570, to Jan. to Jan. 1, to Jan. 1, and by are first a due I960,, bearing 3%%, 1965, bearing 4%. and mortgage lollows: as 1955, bearing 3%%; l, $64,000 loan $33,000 property July on due from due from July 1, $153,000 due from July 1955 1, 1960 ' • Jefferson (la.) The company Telephone Co.—Files With SEC— on March 22 filed covering $131,000 of series D underwritten be to are be by Wachob-Bender Corp., Omaha, Neb. used corporate retire to series A From Jan. 1— Gross letter of notification with the SEC first mortgage bonds, due 1970. to a and C series The bonds and from Net from Net proceeds for ry. 6,990,589 150,822 7,202,335 "1,012,164 "1,291,052 "2,521,511 railway income oper. "Deficit.—V. other 7.. 7 •' railway 7 .. ^ \r 6,510,616 , 27,568 . "1,555,325 v;-v -iv , vv-'-v Louisiana Power & Light Co.—Earnings— Jewel Tea Co., Inc.—February Sales Increased 8.7%— Retail —V. sales 171, 1950—4 Wks.—1949 Period End. Jan. 31— Total -1950—8 Wks.—1949 ^ Prov. p. 849. 3%, due June 15, 1975. The First Boston Corp. acted agent in negotiating the loan. The will With has on used to April aid company be provement —V. a 171, Operating Profit Provision 5 announced that proceeds the new issue of company In completing its postwar plant im¬ which to date has cost more than $147,000,000. Net Common shares per $33,000 168, ——— of outstanding debentures and Ujg0-—Month—1949 outstanding for construc¬ pay * $ Sales average number 25, 1950, 171, p. of stores 2,162 was resolutions to be presented at the annual meeting on April 26 by Luigi Criscuolo, "That 6: ' $ pany 72; $ - 190,414,562 operation four compared to during the 2,306 ha same of stock as high from weeks for period for Sales —V. $9,222,402 —r 17i, 1950—Month—1949 p. - 7 bids Boston Corp. for the Metropolitan Edison bonds as 2%s were: 101.269; Carl M. Loeb, Rhoades & Co., 101.155; Kuhn, Loeb & Co., 100.866; Kidder, Peabody Co., 100.758; and White, Weld & Co., 100.723. Regular redemptions may be made at prices ranging from. 104.644% to 100%. Special redemptions run from 101.644% to 100%. & 1G1.0357; Co., open to large because of the measure as and . those the in to the period The the 1941. year stockholders 1936. to from who the when said losses allowable. established Said company committee shall incurred the There shall be excluded purchased stock ostensibly by shall committee iuture annual was secure stockholders in difficulty, documentary the in recommend earnings of the period that a company, expenses of operation market 1938 ish shall be made to the said stockholders in when said mentioned.: stockholders sold There shall be the same in the period 1932 excluded from this losses for income tax but who repurchased and who still stock, as they have been benefited by the recent opera¬ tions of the company. This provision is advocated on the theory that honest persons who go into bankruptcy have often paid alf of the claims against them, even though they had no legal obligation to do so, (Thomas J.) Lipton, Inc.—Preferred Stock Called— . higher in provision those stockholders who held stock in the period mentioned in order to estab- have sold their stock in in the purposes, said because they had a conscience." Sales . —_____ 1950—Month—1949 $7,373,705 The company operated 202 stores in last year.—V.. 171, p. 1049. in March 1950—3 Mos.—1949 $7,319,506 $19,354,642 $19,501,936 March, 1950, as - - compared to 201 ■ -«• with deposited additions against Stock Offered—A group headed by HarriRipley & Co., Inc., and Union Securities Corp. also on April 6 publicly offered 30,000 shares of $100 par value cumulative preferred stock, 3.85% series, at $102 Preferred man share and accrued dividends. The group won award competitive sale, on April 4 on its bid of of the stock at $100.36 per share. Drexel with & a Co. Kidder, The Jan. & bid Co. 100.22 $3.90 dividend were: for a $3.85" dividend. Smith, Barney & Co. Bids for the stock and Goldman Sachs (Jointly) 101.270; Carl M. Loeb, Rhoades & Co., 100.809; and Peabody & Co., 100.031. prefeired stock may be redeemed at $105 per share before 1, 1953 and at $104 per share thereafter. the proceeds from the sale of the new pre¬ capital contribution from General Public Utilities Corp., $1,600,000 will be utilized to provide for the reim¬ bursement of the company's working capital used by the company dur¬ ing the 11 months ended Nov. 30, 1949 for construction purposes. The balance of such proceeds will be utilized as special fund to be ap- + PROCEEDS—Out ferred stock, and of a cash plied to the purchase or construction, subsequent to Nov, 30, 1949, of facilites and the betterment of exiscing facilities, or to . the '* new of bank loans incurred or to be incurred subsequent to Nov. 30, 1949 for such purpose. payment by the company public uitility operating wholly within the Com¬ monwealth of Pennsylvania, and is engaged principally in the business of generating, purchasing, transmitting, distributing, and selling elec¬ tric energy. The company renders electric service in all or portion of four cities, 61 boroughs and 130 townships located in the counties of Adams, Berks, Buck§5» Chester, Cumberland, Dauphin, Lancaster, Lebanon, Lehigh, Monroe, Montgomery, Northampton, Pike and York. It also produces and sells steam for heating to approximately 175 customers in a portion of the City of Easton. Territory served by the company comprises an area of approximately 2,646 square miles with a population of approximately 475,000 based on the 1940 census. COMPANY—Is a CAPITALIZATION GIVING First EFFECT TO 2%% series, due Nov. PRESENT FINANCING Authorized mortgage bonds: 1, 1974______ 3% series, due Sept, 1, 3"% Outstanding $24,500,000 4,500.000 3,500,000 series, due Sept. 1, 1978____ 2%% series, due Feb. Divisional Lien, 1977 1, 7,000,000, 1980——— York Haven Water & Power. Co.: 50-year 5% bonds, due June 1, 1951_ Cum. pfd. stock, par value $100 a sh. series 4.35% March Sales Increased 0.74%— time to 3.90% Period End. Mar. 31— be the trustee and withdrawn to and betterments of the made subsequent to Nov. 1, 1944. The amounts so withdrawn will be applied against the purchase or construction, subsequent to Nov. 30, 1949, of new facilities and the betterment of existing facilities of the company, or to the payment of short-term loans incurred or to be incurred by the company sub¬ sequent to Nov. 30, 1949 for such purpose. time company's facilities made or to be owned proportion to the amount of stock originally held by them and allowed as having a proper claim. Said sums shall be paid to the heirs to the said stock¬ holders but not to the assigns who purchased the said stock in the hold "All outstanding shares of 6% cumulative preferred stock (par $25) been called for redemption on July 7, next, at $30 per share plus accrued dividends. Immediate payment will be made at The Commercial National Bank & Trust Co. of New York, 46 Wall St., New York, N. Y. •„ On March 20, last, the holders of the second preferred and clas3 A stocks approved a proposal to obtain a loan of $1,500,000 for the pur¬ pose of redeeming the approximately 49.000 shares of 6% preferred atock outstanding.—V. 171, p. 950. • ■ • or 1932 disbursements Co. of Virginia—Secondary Offering— offering of 32,056 shares of capital stock (par $20) was made on April 3 at $53.75 per share by Scott & Stringfellow and Lehman Brothers.—V.171, p. 361. , who but before th,e payment of dividends on the common stock, which fund shall be declared as a dividend in each year to stockholders referred to who shall prove their claims.'. Said secondary . be after all I950—2 Mos.—1949 Life Insurance A 40 as from fund $9,225,672 $15,343,769 $16,157,717 1049. who was consideration information Corp.—March Sales Slightly Lower— Period End. Mar. 31— stockholders reimburse to by the management of the com¬ bankruptcy, and which losses involved the sale which many of them paid as high as 139 before 1928, and it speculation, viz.: 1049. when mentioned, Lerner Stores order in stock of the company immediately before and during lack of information furnished to them 64,633,726 186,719,661 in Sought— Indemnification — the bank¬ ruptcy of the company, which includes the years from 1932 to 1936, a committee of stockholders who are not directors of the company, shal be elected at a special meeting of stockholders to be called forthwith' Said committee shall study the losses incurred by stockholders in the 1950—12 Wks.—1949 $ 64,325,318 March Competing First Drexel per Corp. Stores the Resolution common 1950—3 Mos.—1949 1950—4 Wks.—1549 - year.—V. ^<2- share common period aforesaid, The paid paid is one in connection with indemnifying stockholders who lost money in the com¬ pany's stock in the period 1931-1936. It reads, as follows: >ales Off 0.4%— Kroger Co.—Ma last 2,819,000 $4,223,573 1,076,017 1,656,492 1,068,703 $2.95 former director of the company, ^&|Hl,793 $12,437,903 $32,36^,369 $34,424,184 storeJljjMBpUion March 31, 1950 was 257 compared Period End. Mar. 25 ended 2,669,300 $4,656,310 1,076,018 1,923,665 1,068,703 $3.35 taxes 950. p. stockholders ago.—ViMKi049. year 171, Among p. 2009. The number of dividends McCrory (S. H.) Kress & Co.—March Sales 5% Lower— a income Telephone Co., Taft, Calif.—Files— on Period End. Mar. 31— 252 dividends Earnings tion.—V. to Federal for of banks. No money had been borrowed under that agree¬ 170, p. 2437. retire etc profit Preferred March 31 fifed a letter of notification with the SEC covering 15,000 shares of common stock, to be offered at par ($10) per share pro rata to present stockholders. The offering will be underwritten by Bailey & Davidson, San Francisco. The proceeds Sales charges, 1948 1949 $28,087,413 $26,740,275 7,325,610 7,042,573 revenues after Common company to (Ky.) Gas & Electric Co. (& Subs.)—Earns. arrangements having been made to sell the bonds, the company a credit of $40,000,000 which had been arranged in 1948 Kern Mutual are Halsey, Stuart & Co. Inc. on April 6 publicly^ $7,000,000 first mortgage bonds, 2%% series due 1980, at 101.644% and accrued interest. The group won; award of the bonds at competitive sale on April 4 on its PROCEEDS—Will Year Ended Dec. 31— The bonds will be sold at —V. The $2,156,710 356,532 $2,285,943 356,532 the program, group $208,095 $209,623 paid 1049. p. Louisville as however.—V. ment, f' group offered from cancelled with 226,081 profit dividends Pfd. understood. was 435,704 taxes Bonds Offered—A & Jones & Laughlin Steel Corp. — To Place Bonds Pri¬ vately—Six life insurance companies have agreed to purchase $40,000,000 of first mortgage bonds, series B, it inc. Fed. inc. taxes for Net 1 par, before Profit $13,407,533 $12,400,335 $26,495,107 $25,026,581 —___ — headed by bid of 101.285%. $1,733,267 $18,860,350 $18,833,010 455,536 4,443,416 4,141,626 247,441 2,157,473 1,984,916 $1,606,847 1 revenues 1950—12 Mos.—1949 1950—Month—1949 • Metropolitan Edison Co. . 7,293,614 "472,046 "2,169,145 171, P. 1049. purposes.—V. 169, p. 2104. Period End. Feb. 25— , (M.) Marsh & Son, Wheeling, W. Va.—Annual Report common publicly offered "bn March 24 by Dallas Rupe & Son. Estabrook & Co. and Straus & Blosser and associates at $4 per share, less concession of 25 cents. These shares were quickly placed.. See also V. 171, .95 to Calendar Years— -Total Co,—Stock Steel Star common 470 Co with the and subsidiaries irom claims.—V. 100,000 _________________ The Milwaukee Co 300,000 1150. p. stockholders 470 George notification 500,000 Langley & Co Hlgginson Corp.-™ Lunt Newton letter of a ' ' ' income .95 Co filed March 9 announced that plan for dissolution of company on 300,000 811 .• '' amended be & Electric Co. Gas 500,000 .95 Co account 165, p. 3054. Union Securities Corp.— 811 ; the Market Street Ry. Co.—SEC Rules on Plan— Van Alstyne Noel Corp.- & Thomas Scotia."—V. 500,000 , Net and —V. in .55 Sincere Ernest held 300,000 .55 & & stock common 300,000 470 Hamlin M. $6,000,000 Parrish & Co 470 Phelps & Hanrahan Outstdg. $6,000,000 1,000,000 of set Co.— & 811 Hickman & Co Fraser, Miller 811 Inc. Be met The shares would share for 1790. p. ' ;■■■, Stroud & Co. Inc .95 Mason-Hag'an Schneider, FINANCING > PRESENT .95 811 & per W. A. Winfield, President, on March 20, in a letter to the share¬ holders, said in part: * "Large capital expenditures must be made in 1950 to provide facili¬ ties to meet the continued demand lor telephone service. The directors have decided to raise a substantial portion of the capital required by an issue of common shares, to be offered to both pre¬ ferred and common shareholders, subject to the approval of the Board of Commissioners of Public Utilities for the Province of Nova "Int. 1.40 Co.. Rights— 500,000 Lone 1.40 Co Co... & Dain L. & hereinafter Hutton —V.171, 1.40 Gardner Moore share. per $25 Paramount, Calif.—Files With SEC— 166, 500,000 E. Lee 1.40 1,195 1,195 at $10 about of Maritime Telegraph & v ^ ; due value) shares 855 Becker & Co. Inc.-$1,000,000 W. C. 1.40 Inc.- Co., 23 these cover 1,000 shares of common stock (par $1), to be sold $9.50 per share (market price) for the account of Edward A. Pellegrin, Vice-President of the company. No underwriting /Underwriters named below have severally purchase from the company the respective principal amounts Co. 1.40 1,195 & (subordinated), Ladenburg, Thalmann & 1.40 1,195 Rauscher. March on will and $8 300,00J W. 1.40 1,195 _ SEC which covering between 300,000 1.40 1,195 the warrants since 1.40 1,195 Co.___ & SEC an Hallgarten & Co.— 1.95 1,195 Co Jones ;* price corporation on March 28 Blair, Rollins & Co., Inc. 2.20 1,195 Inc Simmons & Collins Edward Putnam & operation exercisable are market Macco Corp., The American Securities Corp. 2.50 1,195 at should 2.50 Co the sold of McDonnell, President, through Merrill Lynch, Pierce, Fenner & Beane; Smith, Moore & Co.; G. H. Walker & Co.; and Smith, Barney & Co.—V. 170, p. 1497. debentures by of in 7;>7 —_ (no par including debentures A. G. 2.75 1,665 —— & Baird W. Julien E. issue which be involved.—V. has with filed was number of J. S. fund which the company. of 2.75 2.75 2.75 * 1.878 —— Corp. Whipple Robert W. GIVING 1970— 1, agreed to 5.5G 2.134 Co._ Co.. Pasadena J. store notification of undetermined an shares and , retire letter and UNDERWRITERS—The 5.50 2,134 Sons___ Hutton Quail Co & "Not of 5.50 ,2.348 2,348 2,348 2,348 Allyn and Co.. Inc Republic Co. (Inc.i__ Langley & Co C. McDonnell Aircraft Corp.—Files With SEC— A covering an undetermined number of shares of common stock (par $1) / Brothers debs, fund Common stock 5.50 4,695 Beane 4,695 4.695 4,695 & Fenner sinking March 16.775 Co Pierce. Central F. the entire to Authorized 16.775% White, Weld & Co A. CAPITALIZATION Purchased Inc Co., Merrill W. Lit funds, income after all charges. $3,027,000 net 4% Stock to be 14,322 Corp.: Offered—An A sinking 5 , pur¬ Purchased ! G. and Unexchanged to be j The 1951 is to retire (1461) * of. the exchange offer and the respective percentages of new (consisting of new preferred and new common which are not for old preferred under the exchange offer) set forth below: issued . with treasury preferred stock. to stocks . severally numbers 1 » 1891. In the U months ended Dec. 31, 1949, the company reported nearly "$60,000,000 in sales, $5,147,000 available for interest (compared to annual requirements of $240,000 on the bonds to be outstanding), 5,441,700 5,000,000 " UNDERWRITING—The in OPERATIONS—The 4,000,000 5,441.700 7,500,000 used, maturity by equal annual payments. 3,000,000 $4,000,000 be approximate like amount of 6% $15,000,000 _ D. CHRONICLE ' » • . debentures new PROCEEDS Bonds— 3%. due 1976—.— 2%%, due 1977 3 %% sinking fund debentures, due 1969 4.80% cumulative preferred stock ($50 par) Common stock ($5 par value). Series C, Series •'«>, Philadelphia—Debentures ' Authorized 'J , provide for the issuance, subject to specified conditions, of additional obligations which may be of higher rank, no senior debt is presently outstanding. Redemption prices are fixed on a sliding scale starting at 103, with privilege of redeeming the issue as a whole at 101% prior to March 1, 1953, in the event of consolidation, merger or liquidation. of the company. Assuming the exchange of all under the exchange offer, the company will receive the sale of the 85,372 shares of new common before from .• ' ."x*, Brothers, While funds and *•' ; will be added preferred deducting estimated * , FINANCIAL underwriting group managed by A. G. Becker & Co. Inc. offered on April 4, at 100 plus accrued interest, a $6,000,000 issue of 20-year 4% sinking fund debentures (sub¬ ordinated), due March 1, 1970. apply share per dividends • j , Lit contract. the net proceeds from the sale to the underwriters of the new stocks, together with treasury funds to the extent necessary, to the redemption of the unexchanged old preferred will company • & series 215,000 shs. 125,000 shs. 40,000shs. series 3.85% $1,247,500 $1,247,500 Common stock —-— (no par value)-? •The mortgage tion?, 30,000 shs. — restrictions — 500,000 shs. . t360,78&5hs. is an open-end mortgage but Imposes, certain condi¬ and limitations upen the issue of additional bonds; , , ■■ € (1462) THE The presently authorized indebtedness of the company under its charter Is $150,000,000. tThe stated value applicable to the presently issued and outstanding stock common of the company 'SEC Increased from $12,323,400 to $16,323,400 as a result of crediting there¬ to amount an equal to the cash capital contribution of $4,000,000 by the company from General Public Utilities Corp. ceived 1980 series bonds underwritten by and of names the them the principal & .' Bodine W. & R. & C. underwriters several of amount Otis R. 250,000 the 1980 the of series & C. Co.— & Miller 200,000 300,000 Gross stock and by them the are addresses number of the shares of underwriters of of the preferred stock new preferred new . Shares ■ 8,125 Laurence M. 8,125 Paine, American Corp.- 3,000 Francis I. Co.— Michigan Corp.— 1,250 of duPont & Webber, Curtis 1,250 First —V. Marks & Co._ S. P. : i Jackson ry. additional an 8,600 shares Income— oper. from from Net ; Smithers ' & Co.— from date of that the to stock. common ry. A". AA subsidiaries railway— "t stock . 171, p. 1263. less 264.695 337,367 258.863 49,054 117,941' AA . The £ <A;.: v,'A AA 1.447,766 : 1,234,450 v.:. A* 589,288 632.280 621,294 *280,427 140,753 231,140 Michigan Consolidated Gas Co.—Definitive Debens.— share of Detroit, and trustee agent, Detroit 32, Mich.; or Central Hanover Bank & Broadway, New York 15, N. Y.—V. 171, p. 753, 70 Woodward 660 Trust Co., from agent, the of 60 The for corporation after income This tax adjustment 4.55 % above $13,218 the Depreciation March 30 at $17.25 per share/ per share to NASD mem¬ on $5,018 before tax the 1950 by month, of in all due the at operating the at ' to end the of 40,836 higher costs of •.'.••• This labor and The the corporation 8EC March on covering 50,000 filed 24 shares of letter a 5% $1) and 20,000 shares of common stock in units of five shares of preferred and two of The proceeds will be used to drill additional due <■ to at March on extended 3 be sale with of stock .A „ AA'A'A :• ....A './A . certain to Of the of * which 'A:AAAAA:AAA- ;* 1950 Net frpm Net ry. railway——railway— 1949 1948 1947 $1,944,219 $2,101,347 V *319,899 shares $10 *202,200 "385,025 *618,978 *447,710 from railway— 4.150,854 railway——A. *505,373 oper. ..income-,^u*957,/756 Net Net ry. 4,182,249 •Deficit.—V. , 950. p. -V--; * . l-r VA- February— 1950 from 59,845 •" * ■ "A The railway railway— Net from Net ry„ oper. ry. railway-railway from Net —V. ; 21,313 330,790 109,546 99,943 ?; this Of of Co. ; its into company additional Alabama The Alabama stock common and Mississippi transactions 5, the Gas par common stockholders (2i on v sttjck, at of the the merger and sale of issuance to Natural $8.30 of additional share. to per one-sixth notes assets and Under subject been of Gas. a share shares ($520,000), and to to Commission's future a- decision, SEC order present for each out ~ and inc. inc. sale the taxes 524,071 ' * 223,628 preferred shares of shares stock, less 13 of the have new will to be A in at a of EFFECT the of the . A'..-. ? Net profit 171, p. ,/ . 19.535 Co.—— :— • 1950 •►' 1949 1948 y company. 1941 models and materials 1950. models the and for take subscribed models. place 1950—Month—1949 r $1,111,95$ - 171, April display. Net from railway Net ry. oper. income —V. 171, p. 1263. 657 30.055,843 5,866,828 2.897,188 32.946.923 33,090,166 31,345,201 the A war sales Prov. for State income Pfd. Common per —V. 171, p. taxes— 6.040,605 —V. ' ■. 171, p. 1050. A-A A :>- AA-v-- New ? 2,336,184 2,577,795 4.301,861 in JA Sales Off 1949' to 1948 1947 v., f A v" o ■t ' - . .£ ■. 3.44%— $4,255,540 $10,587,625 $10,953,575 A.-.; " ■. Edison Light , Co.—Earnings— 1948 1949 revenues . .: ... income - Total should substantially increase Ay:A:AA7: AAA:' a;-',Avyv,; ;AAaAa.:,A Other 1&50 experienced (net) .A — new The SEC low-priced corporation covering named ■ • 127,404 ——— Nash the 1949 likely to Motors, "■•rA.A'": exceed the income ; 77,277 ; deductions Al' income from $1,573,789 $1,685,996 £y. ,■* 167,251 ——————; Provision for Federal income taxes 65,183 569,041 . —A V 4: 501,207 Nash 'Net • is cars of 'A A-A Av with ■■ the even inc5me if consol. returns not were filed. 4 $905,331 $1,051,772 announcement A ■ A 123.714 "Rambler."—V. 171, 105. p. Balance 153,810 . March 31 on 300.000 shares 1 surplus^—_: Net ' , New A .: 1 —V. $4,541 * 'A,A and State I income $6,370,491 320,879 ♦ taxes— profit; £___J_A__——___._1_1.___ J1A 170, p. 887. .* :>y A AAA.;.' ■ ■ y 361.951 t . , 147,000 165.000 « ♦ Net and State income profit Preferred Common, "•Earnings ' income Federal A- ■ \ $196,951 $173,879 » taxes—.A; 1,839,179 1949 $5,565,153 : tor .A-A 1950 '- vA'1949 .jv A--A. _________J$28,755,321 $28,762,905 taxes—3,772,014 3,178,049 "5 revenues before Provision —ii___A. dividends shares H. $1,932,836 7 paid— 1,564,775 $1,613,274 ' 349,318 349,313 1,371,534 M,246,011 — outstanding share— A pert common A^^iAA'. A $1.48 ^Before sinking fund requirements.—V. 171, p. 951. . 4 1946 , *■ paid $1,589,795 1,369,900 $2,070,243 62,594 not $3,500,000. 31, 1949, there debentures due May 1, Interest - $1.34 A 1950 from from Net ry; 955,187 \ railway— railway-—— $1,517,086 67,206 AA "424,339 530.424 530,424 were outstanding $2,636,900 including "'debentures $94,100 held amounted to 5% of in the Gross income $2.87 $3.78 $2.53 1947 M/r $224,609 47,445 25,778 36,081 *2,388 from railway— railway Net 170 from Net treasurv. $635,790.—V. 2132. The company on March additional borrowings from 70,471 344,775 '530,424 share- 1948 $209,171 - .*'29,487 *38,233 *10,393 472,390 "" 407,641 352.640 130.845 -104.826 69,122 52.505 3,022 24,520 income— oper. 1949 A, * $209,257 $162,049 27,283" ry. 'oper. income— 171, p. ^r '446,573 151.293 72,859 * » • 1184. New A 530,424 y ' '"J" $2.73 * York $3,500,000. during notes from-.time requested The Chase the^remainder of ' '•* ' „ The company 30 time not later authorization National 1950 in than of Bank the * also seeks authorization to SEC an ; New *ork New Haven & Hartford A of the aggregate . : . to make of Operating revenue of .A I Operating expenses City amount • Period End. Feb. 28— - additional $4,000,000 July 31,1951,' in renewal of ry. inc. aft» sink, funds > oper. ♦Deficit,—V. ; • •. 171, p. -1950—2 Mos.—1949 9.569.683 671.259 587,509 1,970 *82,222 income— _ - $11,756,198 $22,779,892 $24,999,603 8,563,198 — Net RR.—Earnings— 1950—Month—1949 $10,846,268 Net df . * Li 1 1,013,345 $1,410,938 A RR.—Earnings— From Jan. 1— 1952, on ' February— Gross ♦Deficit.—V. < 64,219 636,509 Dec. »National Fuel Gas Co.—Seeks Bank Loans— 530,424 559, exceed At Accumulated 2,530,431 p. 988,000 New York Connecting Net /■T' England Gas & Electric Association .(& Subs.)—* 12 Months Ended Jan. 31— • Profit Co.—Earnings 1950 income "taxes,— for Federal 265,767 ♦Including $0.47 and $0,57, respectively, from the consolidated return credit.—V. 170, p. 1499. A'" ''A.AA" "A AAA'" /AAA'A/A - V a registration statement with the capital stock, with . Calvin Bullock National Alfalfa Dehydrating & Milling before $1,205,582 filed of underwriter.—V. 170, p. 790. as to —_—A—_A $1,029,045 Shares of common stock issued and outstdg— ♦;> 265,767 ♦Earnings per share_^_—_____ $3.87 Nation-Wide Securities Co., Inc.—Registers With SEC A ♦ $9,372,795 . , A 1950—3 Mos.—1949 1950—Month—1949 Bedford Gas & Operating Rambler represents about $13,000,000 spent by Nash. "Airflyte", lines for 1050 will include the ^Ambassador" medium-price field, the low medium priced "Statesman" ana the the to ; ' $16,239,778 $11,227,821 3.440,148 2,366,125 A , 12 Months Ended Dec. 31— Nash, y The holders of debentures and common stock were to vote April 6 on a proposal authorizing the directors to proceed with refinancing the ' outstanding debentures, together with interest thereon, and to provide additional working capital by Issuance of evidence of indebtedness 8,163,283 * 3,225,326 outstanding com. -660 in at March 25A 1950.—y.;17i; p. 1050. Period End. Mar. 31— ; National Fireproof ing Corp.—Plans Refinancing— i and —A— paid dividends Com. shares Earnr. taxes- Federal profit dividends 1949 $16,595,605 — Net ,y 1950—3 Mos.—1949 $21,279,654 $67,188,091 $62,847,759 operation decreased" Irbiri stores in of Higher— 'A 1950—Month—1949 - $23,450,899 Sales _______A $4,109,115 company -schedules AA 9 Months Ended Jan. 31— Net sales 6,682.893 - - Neisner Brothers, Inc.—March * 14, Nash Provision Mojud Hosiery Co., Inc. ■{& Subs.)-Earnings— Year End. Dec. 31— Net A- . I railway: Profit-before inc. .. new • from A ; manufacturing the • • demand continued i with .'.AAyV The I $14,649,718 $16,158,270 $15,910,365 $15,281,588 A Net from railway—./.. A 2.949.982 3,464.842 2,673,784 4,111,703 * Net ry. oper. incomeJL_ 1,483,714 1,713,108 812,369 2,146,292 * Gross 1950—3 Mos.—1949 , Period End. Mar. 31— A The jnuraber ; Gross From Jan. 1— yA ' $1,004,179., $2,906,439 -$2,649,40® 1050. P. National Tea Co.—March Sales 10.20% 1 ,A until showroom 0 supply .: 1947 5,395 , ' National Shirt Shops of Delaware, Inc.—Sales- . 79,582. The sales figure rose to 104,616 increased with 1949 models to 136,740. With increased production The ' 266,856 * :* ;:.A were A'^AAAAAAA' However, Profit 1948 ^ " . 6,070 ,iXr r 2,605 A —- A" ♦ 8,093 • _ per "Rambler"—, that Nash Motors is currently expanding Milwaukee, Kenosha, and Toronto, Since large assembly plant near Los Angeles. models favorable in $2,349,891.? $2,133,596 «• 2,930 .• ^ ' • $1,603,719 • 1049.- February—.. j, * from railway- 16,186 10,791 3,907. ;*; $1,446,384 of said. Missouri Pacific RR.—Earnings— ; 40,465 . 7,814 —,-—4 .5,209 Other V: VAa-AA •-A 266,856 Shares from -s Selling -1ACompany', Stockholders" — 1263. p. stock¬ Shares from Co.^-i. & selling opposite their V -.AAA A AN-A A ^y.- i.■ ■ severally set A-Vd. . 425,560 shs. -t> the stock Inc.—I— & A have below frpm and capital , ,♦ ^ $900,000 600,000 shs. * Brothers Operating $283,600 paid A ,-V:...AV- j Outstanding $900,000 named A" FINANCING f . 7,859,103 increased $1,646,888 $18,854,185 $16,756,569 486,557 4,388,733 3,802,300 L 202,957 ; 2,038;842 v - . 1,668,704 ; $300,443 dividend —V. PRESENT AAA';AAAA company shares 4 Pfd. TO Trust underwriters .■ Arrowhead synthetic rubber parts, stampings. and $9,467,822 lor bonds by Alabama isof such sale have 1950—12 Mos.—1949 shim rubber The company on March 23 filed a letter of notification with the SEC covering $300,000 of first mortgage serial bonds, series of 1950, to be, at par in denominations of $1,000,000 principal amount each, through Peters, Writer & Christensen, Inc. and Boettcher & Co., both A of Denver, Colo. The proceeds will be used to retire the balance of an outstanding note and outstandihg second ftioftgage income bonds. —V. 171, p. 1359. V . A/A -A';>AAaA:'- units $1,000 have- been Statesman not models AAA1 wide) • a sold (par $1)A sold A ;■ sell National Sugar Mfg. Co*—Files With SEC— offered be for common shall and will cars - 'A and National . units Ambassador • received AA Mejia—„i 171, —V. machinery and the remainder added •. 'y ,y yy--..At AAA A-y.A than A' and . stock common of owned; / A 1050. wholly two Authorized period End. Mar. 31— as' 1950, com¬ $8,806,242 terms Light Co.—Earnings— $1,764,863 taxes March, insurance Calif,, manufacture _——_—— Co & Sales letter of notification with the SEC a 75 * 1950—3 Mos.—1949 of Co., Blair & Mason a —V. the close Has Downey, u oi • Davis, Skaggs - SEC—-''Ay yyA4 A'*Aa . the after 19o0—Month—1949 revenues—_ before Prov, for Fed. Davies auto Sales . Profit the $9,766,276 $27,267,320 $27,085,850 cumulative * Operating William request 1922. in and : sells American from number ; El worthy. for to several be anv bal¬ predecessor with it; and the acquisition by Alabama of the Mississippi"^ and the merger of Mississippi is subject to the affirmative vote of Alabama's stockholders on such merger.—V. 170, p. 1085. - A * Period End. Jan. 31— 12 will under i Oper. exps., prov. for retirement and gen. taxes A 7,359,858 With : held. for filed & April shares borrowed the-outstanding merchandising back to a competitive market, Nash Motors considers itself in a distinctly advantageous position. During 1949 Nash,sales were,the highest in the 48-year history of Nash and its common share atock Mississippi Power Blyth & the shares, > 1359. and (par 81 • J.vA ■ added also redeem merge assuming its liabilities. the to until p. in Co., '.AAAA"'' A" GIVING purchase the increase will off from agreem't dated Mar. 9, 1950 respective names: A AAAA' 'AA stock. share. persons 171, it 42,000 be to was A shims metal from loans to holders the "Rambler" will not> be disclosed until the public' y". AAA:': AAA: A ,AAA A- -A A A A.-a ■ • y': y A' :vy* , Watson, Assistant to the General Sales Manager from Detroit,y W. pointed of outstanding common $1,227,727.71.* Upon such' Mississippi's A outstanding Mississippi by acquiring all its* Mississippi proposes per year ago.—v. 171, p. present dealers facilities 120,238 , shares) $50 date the pay loans subsidiaries manufactures under agreed its Details, of 6 of the exhibit • Alabama to in-operation at showings. J. Southern - (12,500 same to Co. organized UNDERWRITERS—The "Rambler/- a completely new.'type of ♦low-priced car, shown on March 29 to dealers. The= hew car Is " an7 privately Public » Purchase acquisition, the , by Southern, as owner of 712,424 shares (99%), of its. portion of the additional shares of Alabama. (3) Issuance and private sale by Alabama fit $1,000,000 of first mort¬ gage bonds, series B, due 1971. ' ' 1 < \4rf Sale by Southern to Alabama of all the serial On laminated Co. Capital stock an stoclc to offering . oil, fluid and dust seals used to retain lubricants in con¬ bearings, shafts or other moving machine parts and exclude with call to of funds Co. Rubber its and sale with unsecured In Van Wert, Ohio. of CAPITALIZATION approx¬ common the Trust Trust Arrowhead company Unsecured > for capital intends company's American m Plan/ According outstanding 4,000 company stockholders. A The stock if with t 105. permitting . that notification .. from made p. price of a Nash Kelvinator Corp.—Shows New N.ash pro rata stock has the $10,273,964 preferred of machines. The company's seals are used in a wide variety machinery including automobiles, farm machinery, refrigerators, washing" machines, etc. The company and its subsidiaries also manu-, The new Nash 25,699'' Alabama. involve: the basis authorized and by subsidiaries (1) issuance and sale by Alabama $2 tact $21,227.42. Lawrence Molris Plan. of Morris also share)* and 4.875 selling of letter a A. dust-from 60 after hll SEC Corp, bonds and are by stated was was April be the SEC Act at 1950—Month—1949 6% of a o;j,. , and 87,000 shares being sold by: together American Sales .. announced by Plan interested a gas request of days from date of prospectus, the company will promptly refund to purchasers the gross sums therefore paid by them. A A A AA 81,969. 'A 35,790 Co., The variety purchase price of which working capital. addition decision a owned The proceeds are to pay for It ( ($100 per within 300,506' Mississippi Gas Co.—Proposed Merger, etc.— In Seal Rubber Holdings— to the and facture will common Co. directors are stock stores and to common company company with subsidiaries: 4 A>28,737 . shares 48,319 12,533 , total a 1, .1950. shares issued 10 to $154,912' 40.174 i par be unit. ; A v 394,730 . 1947 Banking application.—V. 218 650 at AAA A. A'" 349,672 1049. p. =15,751 79,407 income— "-.f26,895 oper. 1.71, 'V $153,549 50,627 11,745 from Net $188,027 36,119 A-"'A;V From Jan, 1— Gross $166,474 income—_ Payment outstanding 1,000 shares of stock, given the 21 'yA/*-A,y ;,A;:;AA;AA' filed 27 Frank of CORPORATION—Was . Chicago, 111.—V. 171, shares of the company on March 31 filed to 1943 or common has were covering fr - Aug. on of 1949 A. of the of panies A May 1, 1950, through 15-year 3 r< debentures on interest. Nalco, Inc., N. Y.—Files With *308,333' I ' $500,000 Chicago, Plan Morris ■ compared to 210 stores Mississippi Central RR.—Earnings— Gross by the by ance excess unsecured promissory notes maturing within one year.— A//yA-'A 250 seven being preferred upon There •. ' 171, 25% or The .SEC 4,049,^24 ,4,439,040 *666,977 A *524.334 ♦1,143,178 V *951,545 from' during in (G. C.) Murphy & Co.—March Sales 5.20% Higher— *253,85Q ; From Jan. 1— Gross by and accrued of has Period End. Mar. 31— Sales 1 —I—I— » *46,103 ' A *554,979 Plan Lawrence par hearing ■ share per value of its par .y $1,885,710 income— ' oper. time A redemption of Morris individuals, Morris redemption the $2,092,306 from * fund, and Bank individuals (Mass.) 11 Lawrence Minneapolis St. Paul & Sault Ste. Marie Ry.- -Earnings February Gross 100 at National Lawrence unit. company may consummate the sale of 250,000 additional common shares $12 per share to American Natural Gas Co., its parent.—V. 170, 1398..: * 2% for sinking 1958 imately $84,90 offered at P. to aggregating not corporation on March 31 made application exemption order under the Investment Company underwriting time within 15 represented called April stock, to. be sold at $18.75 per Tedford, Secretary, through Kiser, Inc., Indianapolis.—V. 167. p. 2689. account Shumaker, agreement Co. 250 until April the 1, First application The SEC time borrow ...A,.-..'. Morris Plan Corp. of America—Sale of Milwaukee Gas Light Co.—Stock to Parent— , from amounts The $7 per No be construction until Corp./Lafayette, Ind.—Files— March on PROCEEDS—Proceeds used to materials. ' ■ . (par $11, authorization used will been of May The at miles preferred common wells. have operation of reduc¬ notification participating (par involved. of are borrowings There A"AA, A AAA' A'AA , Boston of 1950, aA to be SEC (John) Morrell & Co.—Partial Redemption— were 1949, revenue 30, Montaup bearing Interest at 171r p.-1263. A/ Ay,■ V. classes completion 1949. more received Bank Sept. their certain of the company's stockholders. The oversubscribed. A. 850. p. financing Montaup's construction program through 1951, estimated $12,329,400, are expected to be formulated "in the near future." The of . AA-AA $22,318 of by gains National ending 30 $5,200,000. for were for February, 1950, corresponding month in the aircraft cost and 1150. p. showing > $560,193, to $547,331 in down was the " „ ..... of as number a offset 171, same . amounting year, last for before after Mid-South Oil Corp., Union Springs, Ala.—Files— . & offered cents by Montaup to pay off $2,700,000 of out¬ standing unsecured promissory notes and to finance its construction requirements through Sept. 30. Plans for refinancing the notes and February, provision allowing for adjustment in Feb¬ $12,502 of 1950, \ expenses expense depreciation of was month same $3,802 of and loss February, AAA Total operating approximately the —V. taxes, net a and for revenues revenue. in to profit net a income .. Operating tion reported for compares 1949. ruary, of has provision taxes. period March on First The.funds Mid-Continent Airlines, Inc.—Shows Profit in Feb.— ' T950, company The for persons Motor Bearing Co., Inc.—Stock Offered—A syndicate headed by Blyth & Co. Inc., made public offer-i ing on April 5 of 129,000 shares of capital stock ($1 par) at $13.75 per share. * This stock represents 42,000 shares Montaup Electric Co.—Bank Loans Approved— The Ave., agree¬ - - '.'y . Bank credit - covering 500 shares of for the Cohn The National the National bers, through Blyth & Co., Inc.—V. 171, company announces that its 37$% sinking fund debentures du" July 1, 1967, in definitive form, will be ready for delivery on and after April 10, 1950, in exchange for temporary debentures, at the Under 232,099 made was •.. funds interested 1184. p. corporation the SEC 1049. concession of the use National Homes 74,935 *162,702 (par $5) a would hearing.—V.; 171, 1947 1,351,900 income-— p. - $543,326 196,909 railway oper. 1948 V $708,842 A ;: issue. - 1949 by Chase. company will use the proceeds of the sale of the new notes purchase $1,500,000 of notes of Pennsylvania Gas Co., a subsidiary, and $2,000,000 of notes of Iroquois Gas Coip,, a subsidiary. Both No $636,441 held now The storage programs. The SEC has given ,V ,l notes of to Montana-Wyoming Gas Pipe Line Co.—Secondary Of¬ fering—A secondary offering of 5,000 shares of common 1,250 A-A '• •>' '' ■ interest event deliver , .A——-4,000 ... issued AAA/AAAA *158,181 ;A- '■ ' A * Deficit.—V. 171, ,3,000 . the amount with Chase, the notes are to bear interest at 2% until Dec. 31, 1949, and thereafter at or V* of. 1% above the Federal Reserva loan rate, whichever ilS^reater, and are to mature within nine months the , its of be one-third In is. to like a with SI),'to 2449. p. 1950 , . From Jan. 1—, Net , & (par Monday,April 10, 1950 ment notification of undivided an Shares (Harriman Ripley & Co., Inc. Onion Securities Corp Securities acquire railway— , $33,228 railway—*116,826 from ■'< Gross underwritten follows: as stock from Net ■ and to option an letter common of a , owner Net 150,000 names shares filed mining claims located in California. is ultimately exercised, the company option February— , 100,000 , CHRONICLE Monongahela Ry.—Earnings— Co., Co.— 1,400 for March 30 on 'underwriting involved.—V. 161, 1,000,000 — Schmertz Inc. __—i—A—. Schmidt, Poole & Co.—_ 150,000 Co._ The certain present bonds Thomas & Fauset, Steele & Co._-._E. exchange in ♦ follows: as are Halsey, Stuart & Co. Inc. 54,850,000 De Haven & Townsend, Crouter "in re¬ covering the UNDERWRITERS—The FINANCIAL & Molybdenum Corp. of America—Files With SEC— The corporation April 4. 1050, was, on COMMERCIAL 1184. •■*". '.. •; . 17.789,049 1,738,708 _ 397,731 "• > * 20.468,187 ' 1,278,427 *62,976 A. At "v Volume Gross from railway $371,075 ^ Net from-railway.—— Net ry. 85,735 35,891 income— oper. 1949 $351,996 1950 ' 50^629 -- "11,245 From Jan. 1— Gross from Net from Net ry. sell railway 216,212 101,925 ___ income.—'7! 144,090 : 1 22,695 1950, 171, 951. p. V. 171, before Provision taxes Federal for 1941 $4,395,842 6,052,790 3,749,341 612,500 203,500 4,100,622 income taxes 200,100 the ci Electric by April 5, Net also • . - • 55,004 acquire to proposes sprofit Dividends paid stockholders. ,7 for construction.— other by used I Cash dividends shares per 170, $5,440,290 $3,545,841 2,658,225 2,653,225 2,658,225 1,063.292 $3.67 1,063,292 1,063,292 $3.33 paid Common Earnings V. $3,900,522 outstanding share common $5.12 The of on provide Earnings per Placed Pri¬ V. ' Norfolk Southern Gross Net from Ry.—Earnings— ' $642,891 $678,902 87,135 19,054 railway____ 1949" 130,697 38,450 railway oper. income froip.' Net ry. From Jan. 1— Gross from Net from Net ry. —V. $700,658 \ 11,693 ; 82,233 issued The April on Co.—Rights to Stockholders— Light, business shares of its shares of common 1950. May 3, on ; .- stock of Fred would amendment, by employees will pany each the of the and be entitled unsubscribed purchase the stock. employees or The sale stock of purchased not number by company banks from ,*15.000,000 March on J * > authorization to borrow temporary. financing of its construction as Pacific Public Service Co.—Notes borrowings would 2% by represetned be promissory notes than more after months nine Pacific of-Northern Natural for financing its 1950 construc¬ at $51,950,000, call for the offering in May, stockholders of 304,500 shares of common stock on basis of one share for eaght shares held, and the issuance and in June, 1950, of $40,000,000 of serial debentures. The promissory to its the sale be retired SEC has given The With own would notes out of the interested proceeds of financing. April- 13 to request Walla Walla, Wash.—Files Number $7.05 share per ' 1947 • > charges and Federal taxes.—V. 163, p. 733. - , , M Subs.)—Earnings— Gross oper. taxes profits - ^ dividends— Preferred 116,798 1.401,579 ■ ■ ______ , —V. 171, p. $2.97- the No * $2.83 .. The the It Co. shares 525 Co. received of 171, for outstanding that understood is Ohio.—V. SEC Indiana, has of company Service Public 1360. p. ; 7 at I the annual last four ' years. ■ City stock of Union ultimately be ■ merged '■ V:. into • '-7 7. Ohio Public Service Co.—Details of Merger— The SEC on March 29 Edison from to which to the order 2,000,000 Service issued shares of for Co. December last by the Commission, Net Edison terms liabilities Net the Public Service common stock An eouivalent offer was the acquired of. the of an additional 916,324 shares as of Feb. have There 28, outstanding being held by the public. agreement, Edison would assume all of Service, including its bonds and notes. The shares Nov. due merger Public RR. Co.—Calls 5% Bonds- $35,000,000., ' made at stock of Edison would remain outstanding, but the 3.90% preferred (156.300 sharesi of Public Service would be exchanged,for a like number of shares of a new series of 3.90% preferred of the V • , , -'7- at tae *52,100.000 the future of of > .33,937 952. p. : ^."."7; .> will 7; 108,411 ^ . Redemption— 1950 for the bonds, 4^% 1185. . 7 ■ ' . Plough, Inc.—Sales and Earnings— sales net before Net earnings _j___■— _____— current Net current assets 170, a $4,442,683 share.-—______—— ratio— *— $9.70 4.76 to 1 4.63 to 1 per . ■• 1. . . Pratt & Lambert, Inc. ' ■ ' . 1 •' •• ^ . Year Ended Dec. income - • (& Subs.)—Earnings— ' Net $9.87 1638. p. ' 505,115 $1.12 4.366.783 ■ ..." 816,348 . _______ —■___ asset liability r ———~ ———-—— assets —V. 770,723 470,323 $1.05 —7— Earnings per share Current : '■ taxes Net Y 1949 1948 $15,479,512 $15,229,966 Calendar Year— Total 139,953 1, Y.—V. 171, p. N. 8.4,966 r ,> 1958, at 100Vsi% and accrued interest.- Payment at the Chemical Bank k Trust Co., 165 Broadway, New April made be York, 375,222 redemption on .May. 1, $390,000 first mortgage for fund, sinking the due series called been have of 1949 $619,116 1?48 $9_8,284 202.500 $3.16 202,500 $4.73 31— after taxes — shares outstanding— Earnings per share —V. 169, P. 1888. ; Capital Public Electric Light — .. 7 ■ . ■ - • . Co.—Redemption Noticeredemption on April 1, $24,000 first mortgage 3?*% 1950, for series D due April 1, 1961 and first mortgage 33/*% coupon bonds due April 1, 1972. Payment w 11 be made at National Bank of Boston, Boston, Mass.—V. 171, p. 952, series E the First There were of account coupon recently sinking the called fund, for bonds l, called Irving redemption for on May 1, all 1950, of the first refunding mortgage 5% bonds, and accrued interest. Payment will be 30-year 105% at 1966 the Public Service bonds and to be assumed $6,600,000 of by notes. Edison woud Trust Co., National Wall l Bank & Street, Trust Co., New York, Saranac N. Lake, Y.t or N. revenues inc. before for Prov. — taxes- Fed. inc. taxes -1950—Month—1949 Total $6,585,745 1,918.029 , 734,143 $6,379,928 $70,114,668 1,402,306 15,951,161 , 535,539 - 6,196,268 Edison contemplates profit —$1,133,886 <. naid .7 Pfd. ; dividends —V. 171, p. 1360.? $866,767 $9,734,895,; .-.— ■5 2,449.237 after for Provis. State charges-1__ . Federal $67,225,503 13.175.254 " 5,157,322 $3,017,932 - Inc.—Earnings- * 1949 1948 $40,298,779 $36,886,284 1947 1946 $31,096,440 $27,373,346 11,556,788 13.088,246 14,577,510 10,391,105 and 5,651.800 5,209,484 $6,823,213 525,026 7 4,066,535 - 2,518,573 ; 2,846 083 , 2,366,224 $5,904,988 525.026 3,156,953 $2.67 $2.42 $5,181,621 612,134 1,772,443 2,215,554 $2.06 2,054.865 6,984.089 income taxes profit'— (Common divs. paid paid-__ ♦Common shares outstd. - 6,255,033 $7,503,421 \ 525,025 Earnings per com. share $2.48 •Giving effect to a 2-for-l split which 1947 Net revenues— Profit Preferred divs. 1950—12 Mos.—1949 include 1360. Public Service Co. of Indiana, Y. Pennsylvania Power & Light Co.—Earnings— Period. End. Jan. 31— Profit ' refunding of all of such Indebtedness through the Issuance bonds, and possibly instalment notes.—See also V. T71; p. * Year End. Dec. 31— been $500,000 Adironuaik Operating ., of Y' 171, 468,213 156,798 341,511", " % 80,789 76,744 217,6^4 32,251 Pittsburgh Steel Co.—Partial There account Net 17 --Y—.Y ... ? Similarly, the common stock of Edison would remain outstanding while the publicly-held common stock of Public Service - would -be exchanged for .548 shares of common stock of Edison. surviving corporation. debt : income.— oper. •Deficit.—V. 53,480 - railway— railway from Net ry. 1947 187,429 68,622 24,571 41,573 *8,625 Income—. oper. from Net preferred The ry. From Jan. 1— a Paul Smith's Electric Light & Power & public holders of the remaining 1,000,000 shares, pursuant remaining 83,676 Under the an acquired Cities made to the the merger decision authorizing a railway *1 •- ' into Ohio Ediscn Co. of this company Pursuant announced payment 1949 1948 172,996 233,412 ' Y: 45,474 V' . 79,180 1950 $57,052 Y ♦10,513 railway_____. from Gross 'VY7 ' ■ 7. banks, under which each to interest > bank established a $5,000,000 company until June 30. 1950. The banks par¬ ticipating In the $30,000,000 credit are: New York Trust Coi, Chemical Bank & Trust Co.; J. P. Morgan & Co., Inc., and the National City Bank, all of New York; Continental Illinois National Bank & Trust Co., Chicago and Mpllon National Bank & Trust Co., Pittsburgh. The com¬ pany anticipates no difficulty in arrang ng for any additional funds which may be required in connection with its 1950 construction pro¬ gram.—V. 171, p. 851. . ' 7 . , 7 six prepayment the -J 1950, the Panhandle company entered into a credit agree¬ 3, available to succeeding Telephone: Co„< Waconia, ~Minn.—Files / With from Net Malayan in.7 :,l7\7 \ class. with ment credit . Ctfy Electric will , each build to of the debenture sale, proceeds applied next meeting held March 13 were advised "'VY'' application net be the the fourth the FPC rules Texas-to-Illinois pipeline and to deliver 250,000,000 cu. ft. of gas daily to Panhandle. The stockholders were also advised that part of Trunkllne's financing will be through the sale of $60,000,000 of 3'/4% 20-year first mortgage bonds to Metropolitan Life Insurance Co. Of the $14,000,000 of common and $6,500,000 of preferred stock, Panhandle will purchase 60% Trunkllne's entire Gross arranged has stock of ratio of $100 of debenThe subscription price, in the held. record date) Pittsburg &.Shaw<mut- RR.-r-Earnings— Y——;Y (Profits for depletion. and adjustments in reserve relating to 1602. -/.y-> :'77Y:- company On Jan. authorization to acquire from cash consideration of $294,000, ■/' , . shares February— 1949—12 Mos.—1948 $113,000 t$617,000 7 $737,000 1,086,737 1,086,737 r 1,086,737 $0.10 *7 $0.57 $0.68 170, p. stockholders the :of Authorized—; common Union /. a ; by 1949 Include non-recurring credits, totaling representing principally foreign exchange ad¬ from the devaluation of the pound sterling in ■ eight will year the on 1360. Ohio Power Co.—Acquisition each -Pioneer control of Trunkline Gas in -3,965,970 - Earnings per com. share , Securities and Exchange Commission-r■ » * The company on March 30 filed, a letter of notification with the SEC covering 1,000 shares of 5% cumulative preferred stock, series B, to be offered at par. ($100 pen share) through M. II. Bishop k Co., Minne¬ apolis, Minn. The proceeds are to be used to expand services—V,. 1,63, p. 317. frYl'Y'Y* YY: 7" ""L; Y^YVY-Y';'" a $i2,500,000 bank loan to purchase Supply Co. William G. Maguire, Chairman, said the loan, arranged with six banks, can be drawn over a seven-year period at 2V* % interest lor the first three years and 2%% 1,401,579 3,965.970 116,793 outstdg... shares ■Corn, - , together with other without premium, on or dates, of bank loans aggregating $78,600,000 ($63,000,000 in the case of the company and $15,000,000 in the case of Phillips Chemical, a wholly owned sub¬ sidiary). This program will spread the payment of the indebtedness, presently due prior to 1956, over a 25-year period.—V. 171, p. 1360. .. "* $133,000 1949, an The Registers — vr ' • v ;;,y- ■ Corp.—Earnings— $0.19 and that $1,352,986 $13,336,260 $13,213,405 - __ 7 1960. is named as the principal underwriter. subscription by holders of common Corp. unspecified (of funds, However, he said, the proceeds will not be drawn until Net 1, May Boston before ^ a retained 1,086,737 60% . $7,225,796 $77,333,461 $76,206,501 2,642,388 28,151,043 26,033,080 1,239.402 14,814,788 12,819,675 $1,367,903 charges:.. for Provision > $7,276,714 2,874.315 2,506,412 revenues— after Profit 1050. 171, p. Inc.—Stock Increased— 3^ filed a registration statement with the of debentures due 1975, convertible Into on until stock First for .Panhandle Eastern Pipe Line Co^-Bank Loan, Etc.—- - • - the for : > 1950—12 Mos.—1949 1950—Month—1949 and r 1950, at held. be depreciation taxes, taxes.—V. come 7-'.' The Ohio Edison Co. (& Period End. Jan. 31— company's the amend to underwriting terms and conversion rates are to be supplied by amend¬ ment. Unsubscribed debentures will be purchased by the underwriters and two shares of common stock," at total of $1,250,000).' . u - , for subscription by common stock- f share- com. per September, 1 , •After covering 6% t$208,000 justments "resulting $5.23 $9.28 voted April 3 approved an amendment to the certifi¬ increasing the authorized $1 par value common 171, p. 1360. March $75,637,900 company stock i 1949—3 Mos.—1948 outstdg. approximately 347,534 -347,534 »'• - v filed 29 Consolidated Tin shares quarter $2,043,115 $3,226,584 347,534 shares-——— common Earned 1948 1949 •- ——2,450,887 — Y> - theu will profit Earns, (Wholly-Owned Subs.)—Earnings— profit stock dividend pay¬ 1,500,000 shares to 2,000,000 shares.—V. turse offered 14, stock securities Period End. Dec. 31— •Net Com. ♦After Years Ended Dec. 31— a be April common Pacific March 15 filed a letter of notification with the SEC covering 21,370 shares of convertible preferred stock (par $5) to be offered at $10 per share, the proceeds to be used to convert plant in Eugene, Ore., to propane gas and to improve mains and facilities, as well as for working capital. No underwriting involved.—V. 156, p. 610. The company on •Net to are record of of Unsubscribed \ Ohio Brass Co, Sold—Acquisition— rate of one unit for each j underwriting is involved. the. company and subject.; to future issuance as may be subsequently determined. ,r Proceeds of the financing will be used for construction expenditures in 1950, to reimburse the treasury for past construction expenditures, y to pay off short-term promissory notes issued for construction pur- >• poses, and for other corporate purposes.—-V. 171, p. 13607 7;" share . Cities Gas Co. on incorporation The principal amount, securities holders utility assets Valley Electric Cooperative in Henderson, Minn., for $27,735. The purchase is contingent upon the company securing fro n the city franchises and municipal 'contracts prior to June 30, 1950.—V. 171, p. 560. ■ 7 •> ■' ;.; '■ 7 •> * vY-. Northwest Y $750,000' 15-year price of $5 per unit-(or The Minnesota With SEC— 100% Stock Dividend 100% a to increase the authorized shares from 1,000,- salaried employees.—V. common , . March on covering debenture, $3 authorized this company to-purchase the its of Phillips Petroleum Co.—Registers With SEC— The . a a has of SEC registration statementi with * sinking fund debentures, due ; June 1, 1965,/ and 500,000 shares of common stock, $1 par (dividends subject to a-2% Hawaiian withholding tax). — The securities are to be offered in units, each consisting of one,- Northern States Power Co. (Minn.)—-Acquisition— The SEC stockholders meeting, of incorporation stock from Increased— Refiners, Ltd., Honolulu, Hawaii corporation SEC the hearing upon the bank borrowings.—V. 171, p. 951. of 1949.—V. SEC—Rights—; The such until persons cate The short-term 2% notes totaling $600,000 were 170, p. 888. * ' outstanding Dec. 31, estimated program, 1950, 104'/i% 2,000,000 thus paving., the way for the proposed stock dividend. stockholders also voted approval of a savings and retirement The stockholders ^ that in reports company provide for additions. Present plans tion authorized 29 Y:* (Chas.) Pfizer & Co., 1949 it acquired funds through shortterm borrowing to purchase 15,200 shares of common stock (par $25) * of Coast Counties Gas & Electric Co., a subsidiary, for $330,000, and The date of issuance. Ther lending banks are: The Chase National Bank of the City of New York, $7,000,000; Continental Illinois National Bank & Trust Co. (Chicago^, $7,000,000; The Omaha National Bank, $500,000; The United States National Bank of Omaha, $300,000; and ' First National Bank of Or"' i O00 Vv;^.. 1 not maturing March on special a to The President, reports that at Ceader, called for redemption May 3, 1950, at out of $nki.!g fund monies, $104,000 The debentures are to be offered for program. The D. interest, directors plan for Bronson placed a which Mr. assets, on covering the account of Mark for on At 000 the annual meeting of the stockholders the directors were authorized to increase the authorized common stock (par $1) from 400,000 to 1,000,000 shares.—V. 169, p. 703. SEC requested 31 Hull the has company accrued articles The 140,000 shares of this company, same company, will be distributed share for share. In Oxford Electric Corp.-—Common Stock J. Banks— From To Borrow The will company to be offered share through Bioren & Co., Philadelphia. per April 29, 1950 to shareholders of record on April 14, 1950, subject, to obtaining a permit from the California State Corporation Commissioner authorizing the issuance of additional shares. On this basis each stockholder will receive one additional share for each share held as of the record date. ' ' • , 7', „ 7 , ■ order The value of $250,000, and Ottawa Gas Co., there will be transferred $300,000 in cash from Ottawa Light, Heat & Power Co., Ltd* Mr. Bronson said he could not estimate how much cash would be left in the liquidator's hands after liquidation expenses were paid.—V. 170, p. 1807. additon stock to common 171, p. 1264. The Ltd. tier old as date.— Pennsylvania Water & Power Co.-—Partial Redemption able ,■ , of way of Permanente Cement Co.—To Pay Ap-S proposal to wind up. the application for a winding-up distributing realized assets. said quickest Utilities, provincial future company and a in March the Late an . the business on that of collateral trust bonds, 3V4% series due 1964. Payment will be made at the New York Trust Co., 100 Broadway, New York 15, N. Y.—V. 170, p. 2228. , duty of the liquidator would be to make an* interim payment of $20 per share, which should be within 90 days. 7 Mr. Bronson said a Federal charter had been obtained for Intcr- be subject to future determination by amendment filed with the Commission. requested SEC authorization to borrow $15,000,000 from banks as temporary financing of its construction program. Proceeds of the stock financing, together with the proceeds from a proposed issue of serial debentures, are to be used for the company's construction program and for payment of the bank notes. stockholders ' a not exercised on or before were close the at notification was filed wtlh the SEC on March 28 shares .The first expire on May "22. 5Com¬ not more than 10 shares offer will to Y; ' _ March 10 approved on void 2066. refunding mortgage and Co.—Liquidation Power & Pres.dent, Bronson, provide r offering is to be made on the basis' of one share of new stock each eight shares then held.: The subscription price is to be supplied issuance of the Ottawa the The for 1 ^ and to transfer the assets of the Hull distribution system and Gas Co. to a new company. ' ■ / 7 ; 7- ' " ^ company to offer an to holders of its out¬ record at the close of stock common authorized 20 Heat " The stockholders , requested SEC authorization 3 304,500 2,436,000 . ' 71,013 56,254 Ottawa company additional standing March on proved— Northern Natural Gas .. which The warrants became 1949 p. per addi$500,000 first mortgage bonds. The bonds are expected to be about May 15.—V. 165, p. 1872."V 77 "u ,T' ✓ -:..stockholders tional 274,140 r 196,248 951. p. ... —V. SEC plant. No .Yv'Y ; telephone ' Y-" ,"'7 modernize ,v7v: recapitalization, of plan per therefor. 31, 170, and 30,003 1,434,595 1,352,005 .• to used Oswego Falls Corp.—Bond Issue Approved— 7 The 1,432,335 299,161 96,741 be the share were issued to the holders of the Only 1,208 shares were purchased in the exercise $20 Anton, President, for $4 127,723 80,800 .. , 1,409.097 257,173 - income. _> oper. 171, ' - , railway railway $628,530 - Co.—Files With SEC— on March 16 filed a letter of notification with the shares of common stock to be offered at par ($100 500 share); the proceeds to underwriting involved. with 1945, warrants to purchase 80,000 shares of at A letter of The company covering 1947 1948 1950 Warrants Which Expired Exercise of from Pennsylvania & Southern Gas Co.—Files With SEC— loan 1263. p. Orchards (Wash.) Telephone % February— lu-year 171, the remaining $1,000,000 balance obtained aiter the war to ii- off January paid $4.86 7 share , authorized in De¬ capital stock (par old common stock. of warrants up to Jan. 1, 1949, but between Jan. 1, 1949 and May 31, 1949—when the warrants expired—47,680 shares were purchased and $953,600 was $7) 151,, construction funds.—V. 783,938 554.456 $4.37 outstanding.- connection In cember, May $2,ocj,ouo 602,136 1,041,820 common $2,696,827 $2,631,506 — — May 31, 1949— 8,500 2028. p. — * : shares received expansion.—V. — - —* State ; Common . Proceeds will be used for March 30. to in cpmpany cue nance 1949 ; Dominion Water Corp. of Va.—Loan refunding and p. 2054. f ' ■ 1948 $17,985,666 $18,493,625 4,141.506 4.340.827 income taxes— 1,510,000 1,644.000 ... taxes— for Federal and Net Oneida, Ltd.—Repays Loan— profit — bd'fore income Provision acquire to I Net sales Profit then held. proposes not purchased financing would be 1263. p. Co. Standard stock. slock announced was 1948 $6,244,481 '1949 , 7—$5,333,433 income & shares remaining share $41 of " .. the 979,000 outstanding shares of Oklahoma of Gas additional the the per business at close the at vately—Company has arranged through W. C. Langley 6 Co. to sell $750,000 of *3%% first mortgage bonds due 1979 to The Mutual Life Insurance Co. of New York, it Mining Corp.—Earnings— revenues Prof t of of Old According to a recent press report, the company has iss^d $1,100,000 bonds.—V. 171, p. 1184. .■ Y': Total record ' * Years Ended Dec. 31— Receipts debenture Newmont Standard Proceeds (J. J.) Newberry Co.—Debentures Issued— Years Ended Dec. 31— of 550,011 owner shares of subscription for offered Subs.)—Earnings— and to issue ($20 par). (& Wholly-Owned Pennsylvania-Dixie Ceinent Corp. Approves Rights— authorization SEC the rate of one share for each ten shares at A'i be to received 4 shares of its common stock 97,900 are stockholders common. any "Deficit.—V. shares April on additional an common 627,527 135,797 11,412 812,540 155.332 *87,131 767,620 '. 791,490 7 company The « railway,,— oper. The 1947 $313,890 75,711 ' ' 14,952 1943 $423,662 109,315 *9,843 - 7 (1463) CHRONICLE FINANCIAL & Oklahoma Gas & Electric Co.—SEC Susquehanna & Western RR.—Earnings— New York February— COMMERCIAL THE Number 4897 171 and 1948 and in the first ' ~ and $10 per tin quarter'of ,1949 these dividends were common stock. Tho$14.-24 per share of share thereafter.—V. 171, p. 466. paid in shares-of Indiana Gas & Water Co., Inc: above dividend rate is calculated, on the-basis of such stocks irr 1947 2,221,284 occurred on Nov. 1, 1948. 8 (1464) THE Public Service Co. of New Hampshire—Earnings— Period End. Jan. 31— Operating Profit 1950—Month—1949 after charges 354,332 120,600 Prov, for Fed. Inc. taxes - 2,459,279 Prof, before 602,500 Prov. for Fed. income taxes $2,279,421 $1,856,779 inc. N. Fidelity J. will $0.22 341,700 $0.2C Net y tenders 6% of 341,700 profit of due Jan. 19901 1 at prices Purchases will be made to of as sufficient amount an not exceed to and par April 17, 1950.—V. accrued 170, ties 1949—Month—1948 Operating $2,285,562 revenues before inc. taxes for Fed. inc. 700,914 taxes 212,000 interest. . Net Profit Prov. 3,260,641 $5,326,363 1,422,145 1,292,860 1,093,966 Net profit $488,914 — 171, p. assets at year. the 5,859,287 1948 would $306,225 Quaker State Oil Refining Corp. $4,321,063 (& 1949 11.4 were dividend cash of ' " 10%, the as X'X its,, earnings in plant Subs.)—Earnings 170, Prov. for Federal taxes additions $3,150,495 927,305 and Common dividends Common shares $3.40 Capital shares outstanding——.——— Net $2.74 Earnings per common share—— —V. 170, p, 1918. The SEC on 3 announced the issuance of interim an Rutland Net a 10-day extension of the maturity of a $150,000 note Public Service Corp. (Wilmington) held by Provident Trust Co. Philadelphia and maturing April 1. 1950. There is pending before the Commission an application regarding a 90-day extension of the note.—V. 137, p. 1067. ' m $720,190 ry. Gross 1950 1948 ? Three Months Ended Dec. 31— $439,082 — 4,416 *46,766 *109,398 •76,507 *80,608 *44,079 800,338 Net from Net ry. 885,894 878,858 896,938 *45,815 *143,861 railway railway— income oper. *125,353 *57,218 *153,585 *120,237 *225,177 p.' 171, *237,326 Prov. for Federal and State income 1948 ,82,363 11,919 taxes 52 Weeks Period— 54[339 ; profit $70,443 291,725 Earnings per outstanding •£_ share— common $0.12 — •After Munn, President, further announced: plant was finally closed on Dec. 23, 1949, and was immediately cleared for occupancy, by the Kaiser Frazer Corp., who leased the property as of Jan. 15, 1950, for a period of two years with options to purchase. The Jackson operations have been trans¬ ferred to two mid-western plants for making of parts to service the western assembly plants." ' < *"The "Current assets were V. Dec. 31, on shares p. deducting of last, amounted to $2,894,341 and current working capital was $1,305,926."— Railway oper. •Based on 1948 $2,419,122 ... , - $3.86. —T Net ry. 1950 ' 1949 1948 $1,932,681 $1,837,770 1059. $2,104,919 555,646 5 i 1947 $1,937,123 16,355 127,577 174,676 railway— railway from Net ry. —V. 3,791,414 4,197,522 4,457,184 4,154,918 in 1,107,642 584,736 1,140,061 1,227,743 budgeted income... 417,622 69,925 403,215 482,998 oper. 171, by ry. Roanoke Pipe Line Gas Co.—Subscription Basis— offering to Roanoke was the on basis of stock held. company Co. Gas stockholders share one See V. of latter of for of the There have each five shares Oake, Inc.—Calls 6% Bonds— been 100 and National Chicago accrued Bank 90, for redemption on mortgage sinking fund 0% outstanding first at called of interest. Chicago, 111.—V. 169, Payment May 1, bonds will Dearborn, of be ;V 1950 due made Monroe and all May at of the the 1954 1, Clark • of the at 744,262 1,295,780 608,033 C •Serial and company's April on registration statement with the preferred stock, series H, $100 par. eupplied by amendment. the proceeds old the preferred, construction loans of in to since stock reimburse Jan. 1, for the 1950, and sale will the 1947, to cost of ments. be as company discharge required for urfunded short-term construction to redeem costs of construction additions and better¬ in California into an institutional investor for the sale of $12,000,000 of first mortgage bonds, due 1980, series M. the terms of which are to be supplied by amendment. From the proceeds of such bond sale, the opmpany will redeem $7,657,000 of outstanding bonds (334% series G, due 1966, and 3^4 % series H, due 1967), and will apply the balance for construction related purposes COMPARATIVE EARNINGS STATEMENT 12 Months Operating Profit Prov. after for Ended Dec. 31— revenues X-i X: 1949 1948 $29,990,548 $27,954,725 3,922,831 3 805 756 income taxes——......... 1,081,700 801,600 charges, Federal v —— — etc.. .... .... profit 'Preferred dividends paid •On per 835,000 or stock of common shares completed in stock.—V. $2,841,131 170, p. immediately prior pursuant 480,000 $2.64 . outstanding December $3,004,156 632,396 share.. commpn to rights to $3.02 the issued issuance to holders Profit after charges— 1950—3 Mos.—1949 taxes $1,607,776. 614,021 VHmmon shs- outstdg... $342,893 1,074.472 $993,755 1,074,472 Net profit — •Earns, per common sh. $0.72 •After preferred dividends.—V. sale will be the the v:; - 1905. distribution in which program, of EFFECT TO an ? • PRESENT Authorized dividend 170, 195,000 shares value net .Shares Barth estimated t_ 1,325,000 shs. & Co. Lynch, Fenner & 4,000 Mitchum, Inc.__ 5,000 Pacific Coast 6,000 Pacific Co. 5,000 Pacific Northwest Byllesby & Co. (Inc.) Crowell, Weedon & Co Revel Inc Prov. Net 25,000 Miller & Co Tully 10,000 Co 6,000 Securities Co. 1,000 California— 10,000 of & Co.—___ —V. Earns, & Co. : California Co. Co._______ 20,000 Maxfield H. Friedman— Harriman Ripley & Co., Inc. Hill Richards & Co.. Stone 12,000 25,000 12,500 A. Hogle & Co Hope & William D. James Co. Frank Goodvjin 1,000 Weeden & Cosgrove Co 1,500 C. Knowlton & Co 1,000 Lester & Co ——_ 12,500 Irving Lundborg & Co. Mason —V. 3,000 Brothers 171, p. & Meyer 3,500 3.000 14.000 — Co 2 , Dean Weeks Witter Wulff, & Hansen & 6,000 1.000 Stubbs. ' p. $0.86 2229. 1950—6 Mos.—1949 $2,705,125 $3,391,429 1,015 807 1 300 017 Prov. Net $1,689,318 $2 091 419 1,074 472 1 074 47? $1.45 Profit - ' $1.82 Federal 5,000 & Co.-— ' 3,000 XX taxes— . X —V. 171, common p. 594. share $1,958,942 $3,763,679 $3,792,053 of filed 30 the letter a of. notification cumulative proceeds with the SEC preferred stock to be ofiered be to used to drill v/cll involved. and for . Cc^-Earnings- 1950—Month—1949 1950—12 Mos.—1949 $4,382,926 $3,950,965 933.638 985,530 taxes 21,000 21,400 259,315 301,913 $47,364 $673,823 $683,617 declared— 210,000 — declared-—— 210,000 : 362,534 362,534 outstanding——— 226,584 226,584 $2.05 $2.09 share—— 594. P. 1949—3 Mos.—1948 outstdg- per common tAfter 1949—12 Mos.—1948 *$69,918 sh._ all 516,494 1,220,467 — shares 1,220,467 '$406,413 1,220,467 Nil $0.01 Nil > and taxes depreciation, before but $137,647 1,220,467 $0.11 depletion—► 2067. p. stockholders April 18 will vote on a proposal to reduce the capital stock from $1,275,000 to $275,000 by the cancella¬ the 40,000 shares of 5% cumulative preferred stock of $25 par value, authorized in 1946 but never issued. After approval of the proposal, capital stock of the company will consist solely of the 275,00 shares or $1 par value common stock of which' 234,000 shares are issued and outstanding.—V. 170, p. 2440. on V Southeastern RR. Co., Inc., Statesboro, Ga.—Files— company March on 29 filed a letter of notification with the subscriptions at $50 to build a per railroad from Monticello to Atlanta, Ga. involved. 'X, X-X- V' No underwriting -Tx' " - 207,580 There $422,210 $381,655 35,627 127,935 2— Southern California Gas Co.—Partial Redemption— ,199,597 61.689 outstanding per Subs.)— 1950—8 Wks.—1949 tion of are 1950 XV: 1949 •' $1,648,987 $1,488,066 629,790 581.252 Preferred dividends paid— Common shares Earnings Wholly-Owned covering 6,000 shares of common stock to be share, the subscriptions to be exchanged for shares after the company begins to function as a corporation. The proceeds Works—Earnings— income obtained Soss Manufacturing Co.—To Reduce Capitalization— The The revenues profit be 68,764 common profit-" 170, SEC after charges..—_2_ for will 698. authorized Co.—___ 50,000 4,000 San Jose Water balance p. , 7,500 1395. Year Ended Jan. 31— Operating the 171, 3,000 N.)White & Co.- Whiting, • V. 25,000 Jones, & 100,000 stock, par & Webster Securities Henry F. Swift & Co.— Wagenseller & Durst, Inc.. Walston, Hoffman & 2,500 of Silver King Coalition Mines Co.—Earnings- •Loss. 2,00b Sutro & Co.— ——12,000 Hutton & Co.10,000 F. 12,500 Corp. Co approximately approximately $11,700,000 from (<£? $2,012,779 period End. Dec. 31— tNet & X Stern, 1,500 Wesley Hall & Co< Staats Co.__.__ Stephenson, Leydecker 4,000 of Canada preferred $388,664 dividends 171, William R. First in 3,000 Capital Fewell the now 1951. $47,283 Earnings per 3,500 5,000 extent sale 1950—4 Wks.—1949 March dividends 12,500 12,500 and h.p. in 63,283 shares Co Co....________ 1948, 325,000 taxes_ inc. Common Co & In of have Maurice capacity $426,418 Common & Fairman will the St. turbine a production redeemable and America profit Preferred & 5.000 the to recent 1951.—V. No underwriting Fed. inc. for Raggio, Reed .... of revenues____ before Shearson, Hammill & Co. 4.000 Shuman, Agnew & Co.. 6,000 Smith, Barney & Co._____ 25,000 duPont & Co._X_ plants on late into capacity 1,403,200 h.p., to new capacity come of hand; on Sierra Pacific Power Schwabacher I. to extent and Period End. Jan. 31— 7,500 Elwortliy & Co.— the now sharei, per Operating 2,500 Co.——4,000 to 1950 Corp. ($1 3,500 & in company 011 par Davis, Dewar two operation turbine cumulative — Davies & Mejia Skaggs & Co.... amount and of turbine 2,500 Beane— 10,000 Co 4'/a% assets earnings working capital. Pierce, Hurry & E share; per current The 2,400,000 shs. Shares Co.... Slocumb into initial scheduled covering 100,000 shares of 6% at None 6,000,000 shs. Walter Brush, will 1946, other 1949. undetermined. Eichler & & installed and $95,900,000, of Sierra Nevada Oil Co., Las Vegas. Nev.—Files— 300.000 shs Bingham, Co. the end The corporation had 334 retail units in operation in February this year and 328 units in February, 1949.—V. 171, p. 754. 10.000,000 Bateman, Rollins & distribution the to plants over came an and Sales 375,000 shs. Merrill 2,500 60% Period End. Feb. 25— $16,000,000 300,000 shs. McAndrew f.000 Co & program, which with series Shoe X'"/'' 60,000 the and approximately made February Sales 2.75% Higher— sells underwriters named below, none of which is have severally agreed to purchase from numbers of shares of new common stock : aggregate been been company, — of $50 from respective Co., Inc. h.p., plant to had company's hydro-electric system plant at Shawinigan Falls with construction its began in 1946 and is scheduled. for this six-year period expenditures transmission lateral fund bonds, series Q 3%; 85,000,000 from the proceeds of the • and 375,000 shs late 3 the in Outstanding ... and No. of use expansion Over hydro-electric nearly the in consumers, of Capital expenditures in 1950 and 1951 to bring the present program completion are estimated at approximately $38,200,000. These to the extent of approximately $16,500,000 have been financed from the proceeds of the sale of the first mortgage and col¬ FINANCING '' of growth domestic program to wholly within gas territory with a has • ; Produces 1, 1970.— $16,000,000 (3%)__ 10,000.000 below: & Blair, E. Nil 1402. p. expenditures used /, GIVING Bailey & Davidson.— J. 1,726,926 $0.51 170, postwar and largest program estimated to the to the 1951. $57,700,000 completion of the in generation, company's under financing in in to are added River, of This later increase offered $1,358,987 516,094 Prov. for Fed. inc. stock 2587. Royal Typewriter Co., Inc. (& Domestic Subs.)—Earns. Period End. Jan. 31— the Frank Net •Earnings retail communities V' .■••XX' ■■■-vX/''r'X''i Blyth J. Nil commercial engaged over the an been Profit Francis an and 55 1973 with , According to the prospectus, the company has also entered with serves due company forth set H. M. used ■, agreement 1,059,872 a 6EC covering 80,000 shares of 4 % The company proposes to offer 50,000 of the shares plus a cash pay*nent (amount unspecified 1 in exchange, orv a share for share basis, for its outstanding 4%%' preferred stock, series G. The remaining «hares, plus shares not issued in exchange, are to be acquired by an underwriting group headed by The First Boston Corp. and eight other firms.4 The pubiic offering price ancl underwriting terms are to be The It UNDERWRITERS—The filed 5 from 1950 construction / X. = ^ r $12,000,000. designation affiliated corporation of 1,477,363 1,216,903 Cumul. pret. stock, 5% series ($20 par) Cumul. pfcl. stk., 4*/a% series ($20 par) •Cumul. preferred stock ($20 par) Common stock (810 par)2 the Nil 1947 *$782,317 - X history. Upon $9,903,495 3,273,366 mortgage bonds: ..XX 33«% series, due July Streets, Rochester Gas & Electric Corp.—Registers With SEC— The which $8,747,020 2,971,982 1st First 1948 $959,036 1,726,926 one industrial, additions facilities $4,800,000 of its bank-loan notes, to reim¬ treasury for expenditures already made for prop¬ improvement of its facilities, and the CAPITALIZATION 1339. p. 52-year for 1950—2 Mos.—1949 $4,839,403 proceeds COMPANY—Incorporated Pipe Line 1949 *$429,432 1,726,926 charges and Federal taxes.—V. now completion 2,570,645 Trenche acquisitions part Series Roberts & the on 486,258 population of 550,000. Roanoke 1953 *$733,694 1,726,926 PROGRAM—Due by is company 698. p. company to retire the company's burse 7'.' 171, p. 1264. based 171, 607,881 — California. The and 1,659,562 electricity and engages in the «tock EXPANSION electricity Ry.—Earnings- $4,286,999 1,380,109 oper. the erty 952. p. dividends 1950—Month—1S49 income... PROCEEDS—Part 215,983 from Net on coast, made public offering April 5 of 500,000 shares of common stock (par $10) at $14 per share. This issue was oversubscribed. 503,365 income... $2.76 . taxes made was 171, p. 754. 457,086 Prom Jan. 1— • Gross from oper. 260,720 oper. $8,102,464 and Sail' Diego Gas & Electric Co.—Common Stock Offered —A syndicate headed by Blyth & Co., Inc., and including 55 underwriters from coast to $4.92 626,654 shares of outstanding stock.—V. 156, p. February— • Gross from railway— Net from railway. Dec. 31/47 ■' > $3,081,451 Richmond Fredericksburg & Potomac RR.—Earnings— * depreciation outstanding.—V. revenue.. income —V. 1949 taxes.. ry. Net Year Ended Dec. 31— rev. Net (The) Richman Bros. Co.—Earnings— income after charges and •Earnings per share.—— preferred Period End. Feb. 28- Net Net $3.50 charges, $765,240 stock common Net ' interest St. Louis Southwestern 8. 171, $1,588,415. for of Jan. 1/49 $9,978,231 $5.22 share.. common providing A charge tAfter .< $0.51 58,803 of the largest producers and distributors of hydro-electric energy in the world. The system of the company serves a territory extending north and south of the St. Lawrence River, from the vicinity iof Quebec City to Lake of Two Mountains, 40 miles west of Montreal, an area of approximately 16,000 square miles con¬ taining more than two-thirds of the population of the province. Ended against earned surplus to provide for the decline in Canadian exchange at Sept. 20 1949. Pre¬ ferred stock dividends amounted to $951,520 in 1949, as compared with $980,242 in the previous year. Jackson liabilities Ended $14,369,124 per income. Charles G. $0.51 share com. tAfter COMPANY—Is 52 Weeks Dec. 31/49 income tEarnings $34,339 294,800 $0.24 .—— shares 878,554 share shares, U. S. dollars. 53 Weeks Ended 20,000 •Net Net Common 395,287 931.872 purchased by 13 institutions at 102.22 and accrued inter¬ est. Principal and interest on the bonds are payable in 1050. $3,046,649 ^ 419,333 _i Shawinigan Water & Power Co.—Bonds Placed Pri¬ vately in U. S.—Announcement was made April 5 that a group consisting of The Dominion -Securities Corp., Harriman Ripley & Co., Inc., White, Weld & Co., and Kidder, Peabody & Co. have arranged the sale, without public offering, of a knew issue of $15,000,000 first mortgage and collateral trust sinking fund bonds, series "Q," 3% due March 1, 1975. The new bonds have been Safeway Stores Inc. (& Subs.)—Earnings— 1949 $2,430,935 ——-——— taxes.— 290,000 $506,619 paid. ^ $436,394 •30,912 ^ sales per •Loss. 1947 , $426,918 *30,995 income oper. 1949 v. $369,975 ' from ••Deficit.—V. Profit before income 300,000 outtsanding common $3.38 Reynolds Spring Co.—Earnings— Net 796,619 $520,930 46,346 profit. of Earns, $1,589,480 >VJ $1.54 From Jan. 1— of _ Jan. 31/50 Jan. 31/49 '%X $0.77 No. RR.—Earnings— February— from railway. from railway. authorizing 9 Mos. Ended—— $358,644 share—— Gross order 1948 . $2,401,139 paid. Earnings per common X 1949 $2,519,158 170, P. 2229. 927,305 of - taxes— per common Net April Subs.)—Earnings— 320,930 Qtrs. End. Jan. 31— Jan. 31,'50 profit after —V. Republic Service Corp.—Seeks Extension of Note— . • —V. 171, p. 19(L~ +Net 3 Mos. End. Period— $2,543,865 $3.02 $6.07 — profit Preferred dividends Co.—Earnings— .. 1,660,000 $4.15 share common 221,000 Servel, Inc.—Earnings— 4,203,865 2,137,000 and State income taxes— profit 971,847 ' . (F. C.) Russell Earnings Net 871.847 Net ' 1948 5,287,495 1,700,101 871,848 X before income taxes for taxes Prov. Herbert 2134. p. 1,983,467 recovery for loss of paper machinery of $11,187,1947.—V. 171, p. '466. ' Profit /, the efficiency of manufacturing improved products and expanding has continued its policy of reinvest¬ and new outtsanding— Seaboard Finance Co. (& the .•iX%xX:,xXX;: :'■% increasing developing paid was 2,288,645 1 Three Months Ended Dec. 31— Total operating income amounting to $3.25 same $2,856,650 333,000 $3,839,179 221,000 liabili¬ current '• payments $5,626,603 •Includes insurance 659 in during the year to $17,015,363 « included times shares Earnings per earnings Abraham, President, stated. During 1949 a of $3,181,725 was appropriated for this purpose, compared with depreciation charge of $1,144,377. Out of a total of $18,616,601 appropriated for capital improvements during the past 10 years, approximately $3,000,000 remained unexpended at the close of 1949.— $*3,468,690 $47,359,369 - income taxesj—_ profit Common total $4,237,883 1949 __ before income - Preferred dividends paid— Common dividends paid $8.99.—V. 170, >1. :X^XX''.;:XX 4 "VJi'-.Xt.X'i? replacements, . 1,621,404 466. Year Ended Dec. 31— Profit Federal $83,599,960 $73,597,062 $57,252,636 9,526,603 6,314,179 *4,401,309 3,900,000 j 2,475,000 1,544,659 — taxes— •$10.88 '! share be VXX: production facilities, the company ing a substantial portion of $28,730,504 the 1947 increased was purpose ■ of operations, 1,740,000 of 1949 stock for > • sales for : income 397,806 437,586 X •$11.80 outstanding -VX close the a and 481,344 $8.72 share per < share V. Net 2 before Net a -V. sales-— 7,587,004 3,542,73 1 .. (& Subs.)—Has Record Earnings— X2;X<X;X v;,XX 1949 1943 • X 1947 Year Ended Dec. 31— * $5,162,256 —— presently and paid in per 1949—12 Mos.—1948 135,000 $10.72 Dividends For $2,564,110 $27,430,339 441,225 6,061,063 shares working capital $15,189,707. •, from Puget Sound Power & Light Co.—Earnings— Prov. % 8,704.967 2,897,959 share.. common and \ the be Current • previous Period End. Dec. 31— * 2134. p. 783. p. on would exhaust to per 1 Profit 1947 $4,398,300 —_ outstanding—. Earnings $500,000 '— _—_—— dividends paid Common shares $1.6Ch" $2.05 Trust Co., trustee, 755 Broad Street, Newark, 12 o'clock noon" (EST i, April 14, 1950 receive sealed and refunding mortgage bonds (4%, 5% 53/<% and first series sum 0 1943 7,096,359 — Cash Union until taxes ' Public Service Coordinated Transport—^Tenders— The Scott Paper Co. r,'1949 $50,267,987 $57,477,023 $52,374,927 833,200 /•Based . . ! —... 3,112,621 754. p. sales $217,553 .28,560 $233,732 28,560 - Earns, per common shr. 171, Monday, April 10, 1950 , Net profit Pfd. div. requirements —V. Year Ended Dec. 31— 99,500 - CHRONICLE X Ruberoid Co.—Earnings— Net 317,053 _________ FINANCIAL * 1950—12 Mos.—1949 $1,222,726 $14,364,841 $13,498,025 $1,360,921 revenues COMMERCIAL $1.13 : 126.000 X $0.99 of first have been called payment will California Street; San Street, of for mortgage bonds, 3Y*% Immediate New Chicago, York 231 or So. be redemption series mads due at Francisco, Calif., Continental LaSalle Street, on 1970. the or Illinois May at 1. 1950, 103%' American Bankers Trust National Chicago, 111.—V. and Trust Bank 171, Co., & p. $579,000 interest. Co., 16 Trust 19.6. r 464 Wall Co. Volume 171 Number 4897 THE Southern Pacific CONSOLIDATED Co.—$34,410,300 of Debentures Sub¬ Mercier, President, on April 1 an¬ nounced that during the subscription period, which ended March 31, subscriptions totaling $34,410,300 were received for new 10-year 3% convertible debentures, due April 1, 1960.r These subscriptions constituted 91.2% of the total issue of $37,727,600, which was underwritten at competi¬ tive bidding on March 9 by an investment banking group heaaed by Blyth & Co. and Salomon Bros. & Hutzler.— scribed For—A. SYSTEM EARNINGS FOR -Period End. Feb. 28— ry. oper. revenues ry. oper. expenses from rev. Net ry. ry. 1ST TWO " MONTHS Cash _____ Prepaid and —V. 171. deferred 59,079,142 6,069,566 Accounts VV-"''"' payable Dividends : —— declared—preferred The 2,2^8,377 9,160,052 9,071,672 8,463,641 ..v-t Texas, ;_u_____J3,000,000;, on leases—_ ~ Ohio, gas ends ; , obligations and deposits for Spokane International RR.- -Earnings— February— Gross Net lrom from Net ry. trillion The so 1950 1949 1948 $127,066 $141,148 "21,968 19,995 36,149 income.25,618 "41,102 "3,110 10,743 Gross from Net railway railway from ry. 265.970 171, 234,289 18,786 "51,737 "20,935 income... oper. "Deficit.—V. "97,267 280,086 75,391 4,051 — 21,739 Period End. Jan. 31—\v Total Standard Steel Spring Co. (& Years Ended Dec. 31— per "After +On of ance charges the assets net profits the and of Falls of amount of of 1947 $3,509,644 $1,702,221 Common shares $3.82 $2.28 $1.07 Earnings per tAfter preferred stock 308,010 shares Falls Spring reported company covering stockholders for each No .79,000 1948 Spring & dividend outstanding Net —V. requirements. prior to the Co. March on 30 filed 171, of notification 1,000,000 shares of capital stock 22 y2 cents per share at the rate at share held. underwriting The proceeds be to are to be of one $150,218 share the offered $1,835,775 598,441 filed 27 letter a $2.07 . to of notification Net involved. from ry. 1949- Net sales (& Subs.)—Earnings— 1949 -v.. ■ • , • 4,636,832 . 1947 27,513 694,852 758,394 689,2641 157,056 140,638 "11,332 171, 33,301 •158,058 49.070 ' 987. p. :i gas the Other profit $5,420,628 operating income 511,302 Net operating income Other income $5,100,919 3,509,033 T : ' ."91,722 .1 . . Profit Net —V. 687,503 •27,243 : Total $2,524,226 Other deductions taxes income on i 577,375 Provision for contingencies income extraordinary .«• recurring deductions •Earnings per common share "Based on number of average REFUNDING ber, 1949, the publicly held corporation from & 90,000 Petroleum Phillips Petroleum Co. Suburban for refunded 16 The years. 37,000,000 principal and Suburban Advisory an will the amount effected by 1950, from oi' The Oil Co.—Reports 60% of business in of the 1949. and others for the $300,000. proving Of the $54,300,000, reported from came ciation, allowances for retirements and capital as depletion and amortization fields expenditures. abandonments, for and oil accelerated $19,800,600 from current The earnings. $6,000,000 borrowed by a subsidiary and and assets other $600,000 from during authorized sale the that pipe Sun's Toledo Lima-Toledo a Including'* participation , in wells and 1949, compared resulted gram 122 duced in 12 gas Gross Sun others. 522 the drilled previous producers, 40 gas 177 exploratory wells drilled distillate and 81 were dry, INCOME V' ;V ACCOUNT -V FOR pipe " 365 other Intangible than Fed. income taxes 12,667,921 17,344,199 9,100,458 19,403.508 2,060,309 1,810,826 15,707,524 12,730,465 7,000,000 4,800,000 57,606,041 32,197,703 1,419.360 Deprec., retirem'ts & amortizationAccelerated deprec. of post-war facil. 12,569,268 755,144 519,605 v 17.802,683 : ; 6,500,000 ■/ stock- (par operating income income Total . Interest charges —T——— Prov. for Federal income tax...—_. 30,705,179 58,361,785 32,717,308 327,304 ——r 307,946 220,913 15,200,000 Net- Income Common 10% 25.177,875 dividends dividends stock div. on 42,853.839 24,339,913 1 standing after stock standing beginning $100) issuable . .. preferred preferred stock- $5) 100,000 shs, 10,000,000 shs. 4,666,666^3 shs*. C. shares of as names of, new Webster Sullivan stock Merrill ner 5,880 1,000 Maynard H. 1,500, W. H. $1,042,631 $2,551,739 303,999 694,099 $2,221,454 669,400 $907,643 $738,632 $1,857,640 $1,552,05* 302,933 215,965 620,757 424,823r 24,703 15,274 38,490 Net 22,833 $580,007 $507,393 $l,104,398r $1,269,971 16,803 68,323 80,013 $1,198,393 138,290 income—-__— $648,330 $587,406 $1,336,683 deducts- 10,017 9,385 17,033 $638,313 $578,021 $1,319,650 236,719 233,202 474,348 $401,594 $344,819 $845,302 ry. Other income- oper. income—— — 165,573 i__— The First Boston Corp.— & Pacific Northwest Webber, Co., 500 Co.— Smith,< Barney & Co.— ______— Mason-Hagan, Inc. E. Masten & Co : Preferred —V. 600 — 1,000 dividends requirements—^ — 171, p. 9. Texas Utilities Co.—Granted 40O Co.— $376,355 $495,198 profit: . J In a announced decision April 5 $5,116,798 $4,441,891. 865,050 * 865,050 ■ '■ ' Complete Exemption- by the SEC, this company, was 4,000 4,000 300 - Trask & Co.—«—» Tucker, Anthony & Co.—__ 800 granted an exemption from all provisions of the Public Utility Holding Company Act of 1935. The exemption also applies to each of its three subsidiaries, Dallas 800 Power & Underwood,, Neuthaus & Co. ■ 500 Spencer 1,500 Kuhn, Loeb & Co 4,000 W. C. Langley & Co.——— 2,400 Lee Higginson Corp.-—!—1,500 Marks & Co.__ Net 500 Stringfellow—_—_ & Fed. inc. taxes 1950—12 Mos.—1949 v $1,891,435 $24,083,944 $22,463,899 621,752 8,025,768 7,238,297 245,397 2,908,970 2,796,406 1950—Month—1949 $2,113,179 817,034 321,836 Starkweather & Co.—a. (Inc.)— 1,000 HemphiU, Noyes, Graham, Brothers Inc. eroy, Shields for Prov. % 400 i Schmidt, Poole & Co.— Schoellkopf, Hutton & Pom- 4.000 revenues— 600 300 Harris, Hall & Co. Peabody & Co.— Operating Profit before inc. taxes. — Scott & —■ Period End. Jan. 31— Inc.- & $785,760 Light Co.—Earnings— Texas Power & 400 2,400 Winston A— income 500 Company Goldman, Sachs <fc Co.—__ 4,000 Hallowed, Sulzberger & Co._ 400 Harriman Ripley & Co., Inc. 4,000 Parsons & Co... — Net Jackson' & & Rowles, • $1,253,16» 467,408k —V. 171, P. 987, Prescott, Haw-ley, Shepard & 400 _—— charges 500 Curtis;—— 4,000 — • 500 Co. The Ohio Co.————— 500 charges Fixed fxd. for avail, Inc. 400 Murch & Co.— 400 40p Total Miscellaneous 600 Paine,. < ' 4,000 500 First Southwest Co A. f 600 Newbold's Son Riter $7.09 51,202,832 r 295,189 ' 500 Mullaney, Wells & Co. 1,500 Reynolds & Co $9.37 from ry. oper. accruals 2,400 • 600 M. rev. tax Ry. oper. income—.— Equip, rentals (net Dr) Fen- Mitchum-, Tuly & Co. Morgan Stanley & CO Co.,-* (Inc.)_ Pierce, The Milwaukee Co.** 600 4,005 & Lyneh, & Beane 300 Laurence 8,586,107 , Merrill, Turben & Co.— Corp.— Lehman 7,584,573 Jt. facil. rentals (netUr) She res Estabrook &.Co.-'J_____3j.__ $5.28 .. 4,112,475 * $100) (par v Townsend, Dittmar & Co. $8.61 Net Ry. the principal underwriters and preferred stock tp be undenvriten 8,820 — Equitable Securities $4.57 ' of Securities Codings and Co., Inc. stock outdividend) 1950—2 Mos.--1949 $5,155,106 $10,136,312 $10,807,561 follows: —___ 16,276,702 _— $4,881,423 3,678,591 100,000 shs. 20, 1950, the authorized capital stock was inr 400,000 shares of preferred stock and 5,050,000 shares —u Kidder, * ; March from <fc 48,822 Operation— 1950—Month—1949 Period End. Feb. 28— «. . stock 22,870,619 Texas & Pacific Ry.—Results From in cumulative number 104,45* 17,935 '•* cumulative On 198.G52 49,239 1186. expenses <par 20,89*. 98,787 - — Operating 24,662,800 $5.02 ■11,460,000 46,403 7,252 — 171, p. 1949 $92,290 ■•'.,! railway:-———_:—' railway income 100,000 shs. stock—. year— ; from stock— stock.— 419.392 of , preferred -3,948,154 Earns, per com. share on stock out¬ . cumulative 419,392 o ! •, revenues _;— 4,494,572 — Gross 1— Operating 419,392 Earns, per com. share ion railway operating income 100.000 shs, 4,932.381 common 1950 21,619 * __ stock. (cash). declared——— declared Net Outstanding —11,460,000 Hornblower -fe Weeks-—1.500 Preferred 2,097,200 23,978,000 Dillon, Read & Co. Inc.—4,000 8,156,482 5,200,000; 5,245,503 2,160,149 1,211,654 17,530,24& $45,243 railway railway preferred Crouter <fe Bodine ■: 5,616,130 2,103,826 1,064,6611 from Net1 from cumulative ^Glore, Forgan & Co Net Other FINANCING 23,978.000 E. W. Clark & Co._. C. 20,558,319 February— Gross —V. DeHaven & 21,938,413 3,607,904 - 50,000,000 Inc. , 19,418,972 4,141,721 2,730,451 1,144,787 Texas & Northern Ry.—Earnings— to 50,000,000 Clark, Dodge & Co 1947 18,910,453 4,557,525 3,588,615 2,119,599- 28, •!.' ? 1947 $8,800,57). 2,875,664 987. p. From Jan. series due 1969 : 1948 the amount • PRESENT TO Feb. 171, from Bosworth, $ _____ 88,422 1— railway—_ Net from railway— Net ry. oper. income— —V, 1949 railway- operating Central Republic Co. 29.285,819 costs. development EFFECT of completing would Jan. Net Blyth & Co.. Inc.— operating income—:___— 462,077,399 447,309,191 356,841,425 Depletion and abandonment——_ 153,773 $9,270,635 $10,179,138 , from Net Corp. 24 pro¬ 276,798,465 Gross income—T operj From company The 'com¬ , Bacon, Whipple & Co.— .• 330,427,036 As of ry. 37,700,000 Stone < pro¬ ' 1948 cost program Shares YEARS $ 405,585 -Earnings— 1950 $32,451,000 by each are producers Sun, 1950-1951, of remaining from Net bonds—issu¬ line UNDERWRITER^—The crude of 1949 435,913 141,136 il 58,010 . $9,094,993 2,187,749 485,001 railway—*. railway 37,700,000 creased from CALENDAR '■*%' 1949 ' by winter expansion ' GIVING White, Weld & Co total The distillate 82,965 500 Co., all of which are Union Securities Vietor, G. H, Dann Walker Dean Yarnall & Co.— Weeks & Witter 400 500 & Co & ! t Whiting, &: * Corp.— 4,000 Common, Co. 4,000 * Stubbs— 400 600 600 Co. 800 ; 500 „ and Texas Power & Light exclusively electric utility companies which supply Light Co., Texas Electric Service Co., electric service in an area lying wholly within the State of Texas. The properties of the subsidiaries are interconnected; and none of the sub¬ sidiaries owns physical properties outside of Texas. t Commission's decision, Texas Utilities has con¬ $285,645,000 and "is or.e of the largest hold¬ ing companies ever to apply for an exemption under Section 3 (a) (1) * of the Act." However, the Commission stated, "Texas Utilities and its According solidated to gross the assets of . 35,253" 12,090 533,450 189,601 New Orleans RR.- from Net approximalely was common stock, to 600.000 shares of preferred and 10,005 shares of common stock (par $5). capital provide a year. or Costs, oper. & general expenses—— 374,878,373 Taxes will which of V'%!:'V'. Of or CONSOLIDATED ;/v and ; with with oil 197 dry holes. oil, pipeline, the . & $32,451,005 the refinery. of expansion. series— in NOTE: sources. with connect for 1947 $202,66» V 67,957 ,42,730 . 171, p. 987. 4.60% A major undertaking of the year was formation with The Standard Co. (Ohio) of the Mid-Valley Pipeline Co., to build a 1,000-mile large diameter pipeline from Longviewy Texas, to Lima, Ohio. There will capacity the line Oil oil 550,821 114,414 income*— 4.65% depre¬ of mortgage Common depreciation, came 375,678 1948 32,526 254,156 railway- 4.25% /'■ it current 600,000 shs. $27,900,000 remainder 2,472,942$4,130,67i> $185,184 79,899 55,781 railway oper. 4.10% totaled for % 1949 $262,318 123,923 income— oper. from Gross share.-;;--.:';;;!'': the' general* funds delivery its estimated was Preferred ■ and that to finance the Debenture, 37/e% due 1966 Bank loans, 2% due 1950-56. manufacturing $4,900,000; and shipyard facilities, ^ 1950 3% $2,600,000; development of prospective ' -W ' - ■ 2,666,401 $4,478,591 375,678 $263,931 — 3'/o series due 1967 Additionally, intangible development expenditures and $i7,30c,ooo. i facilities, added help 2*4%, series due 1966— postwar expansion program continued at a lively pace in Capital expenditures to replace, modernize and expand facilities $54,300,000 and were distriouted as follows: Producing facil¬ ities, ?21,500,000; transportation facilities, $25.000,000;marketing 196,292 $300,739 Ry.—Earnings— February— . " Sun's totaled price of $105 pc-r a Authorized - „ be to Commission, it able Higher Volume of Business— ... 234,149 railway railway Texas The Amount record 1949. used at CAPITALIZATION its earnings last year dropped figure set in 194.3 the total dollar volume .company and its subsidiaries actually increased of the fund 2337. p. year the at an$ that, although rcpoited company about sinking, fund commencing in^the sufficient- to retire issue by April lr 1980. 1956, a approximately $116,000,000. $100,000 purchase this be presently First to carries redeemable expects PoAver For payment —V. 710,000 MFC of natural gas per day on Dec. 31, 1949, will be increased a daily capacity of 1,060,000 MFC, as authorized by the Federal from Agreement Service r 1950—12 Mos.—1949 $1,731,617 $22,218,851 $19,882,547 497,031 7,144,992 6,603,621 From Jan. 1— Gross to of purchased by the refunding will be reflected in earnings—V. 170, Sun is sinking will pany Novem¬ debentures. 5% eliminate economies April 1, stock and $1.61 * • PURCHASE—In debentures fund which Co. $1,051,601 $2.21 $3,000,000 purchased $1,421,183 shares outstanding. common stock new PRCCCEDS—Will " headed option of the company at any time at prices decreasing from $108 per share if redeemed prior to April 1, 1955, to $105 per share if redeemed on or after April 1, 1965, and non- AGREEMENT sinking Phillips $600,000 annually SERVICE AND and northeastern Co.—Earnings— dividends requirements from ry. new 500,500 90,090 before Stock Net for Net the $373,312 Texas Mexican on ended 382,951 (estimated) near , $2,025,052 435,068 i_—_ — to 1950—Month—1949 $1,932,192 607,461 February- Net Stone Coast 1299. p. 171, P. 9. ry. Co., 3.109,147 Gulf Texas 171, 76,328 . Net jointly group, the from Erie.—V. profit- by underwriting said that time to provide additional supplies this coming winter. With the. completion the Tennessee Gas system will be 1,755 miles lon» Prov. for Fed. inc. taxes- "5,509 Preferred — the gas, by area revenues before inc. taxes from The Federal Co. of 47,238 "15,568; % Transmission new reach Net Offered—An $2,422,897 ' $1,991,772 101,329 33,280 .__ Gas supplies completed in be extension, of Webster Securities Corp. and White, Weld & April 4 publicly offered a new issue of 100,000 of 4,60% cumulative preferred stock (par $100)) at $105 per share plus accrued dividends. ' ^ 455,832 $5,931,930 Gross operating income Operating expenses to the Gross Tennessee $4,645,087 additional Superintendent of Operations, General Jr., will Lake . Gross the ' » McGee, Preferred income oper. 'Deficit,—V. C. extension shore $328,141 ."10,809 . move 10 existing compressor stations, complete started last year near Agua Dulce, Texas, compressor station near Load, Greenup County, Period End. Jan. 31-— 1948 79,784 railway railway its enlarge Operating $337,222 $380,045 from :from Net ry. $9,281,919 ..4,947,084;< 4,i Net 1948 $10,367,712 — Cost of sales Gross to station new a and; will . From Jan. 1— Suburban Propane Gas Corp. Calendar Year— ... will Texas Electric Service 39,559 income— parallel increase of with,the ' t $304,577 railway— oper. K 1950 ('!v also to power compressor of ■ ; February-— if from railway Net pipe main-line W. , Gross expansion. steel Arkansas, Mississippi, Tennessee lines will also be laid in Texas gathering Additional Pittsburgh. 1,500 shares of 6% cumulative preferred stock (par $50) shares of common stock (par $1) to be sold at par, the to be used for additional working capital. No underwriting / 26-inch the reach of the system the company will lay a 385extension of 26-inch pipeline from Greenup County in Kentucky across eastern Ohio and northwestern Pennsylvania to near Buffalo in western New York State. This project will also begin in early April and will include the laying of a 32-milfr 16-inch lateral from the new main line near Bessemer, Pa.,, to near To 25,000 \ of Louisiana, northeastern $1,237,359 597,866 $3.07 Tennessee Central Ry.—Earnings— share new March on ..." horsepower to more than 300,000. ' The corporation miles 100 and the construct mile 552,000 v new and 1,789,359 955,000 :___ 699. p. involved. with for used $183,139 — company's Kentucky. Fifty-four new compressor units with a total horsepower of 68,480 will be added during the year to increase the system's total SEC covering and letter a a $9,523,305 2,790,775 ■i provide company Tar Heel Finance Co., Inc., Charlotte, N. C.—Files— 196. p. $9,922,446 outstanding-—.—-— common The Louisiana. the 31, 1949, in payment for Wire Co. and subsidiaries. No and subsidiaries are included in 171, profit- State. from the Rio Grande in South nation's most abundant natural .... includes Texas, Kentucky. issu¬ Dec. on & Wire above.—V. 1948* Sterling Oil of California, Inc.—Files With SEC— SEC 99,000 $5,731,676 common 30-inch This To * proceeds The inc. taxes *$4.22 taxes. shares additional an 229,218 1949 sh. common 1,448,424 $870,465 282,139 $6,301,431 profit---- •(Earns. this year is to care for ex¬ and for new markets in. system New. York ' 1950—12 Mos.—1949 $938,040 taxes Inc. Prov, for Fed, Subs.)—Earnings— 1950—Month—1949 revenues— before added present is and 295,703,249 278,582,552 — Tampa Electric Co.—Earnings— 986, p. to be western program to get underway within the next divided into two parts. In order to increase capacity permit the additional deliveries, the company will lay 526 to as Treasury 294,942 51,355 - ■ S. Profit "Net 2,774,071 obligations held for payment thereof: 1949, none: 1948, $6,650,000. tRepresented by 5,489,997 shares in 1949 and 4.996,721 shares In 1948.—V. 171, p. 196. • ■ From Jan. 1— Net J— U. "Less - construction days and Total the and feet. cubic 1950 line. 1947 $111,893 42,572 Lake existing system at various points in each state crossed by the pipe¬ shares (62,514 2,774,071 $158,830 railway railway oper. stock common capacity along system now begins 24 miles obtains natural gas from the miles Treasury markets Pennsylvania several ___ Less to fields along the Gulf Coast of Texas and Louisiana, and presently in West Virginia, a distance of 1,265 miles. Texas and Louisiana 70% of the nation's proven recoverable natural gas reserves of- 180 cum. +Common " by mid-summer more than along a 1750-mile front Erie, Mr. Coates said. system will be both.' enlarged anct the job on have 829,494 contingencies-—— 2,350,844 2,250,433 cl. A pfd. stock ($100 par value).. 9,319,700 9,319,700 stock, no par valueA__a._xv_----—-- 182,152,734 157,488,934 Earnings employed in the business——_: 52,254,581 57,092,279 4Va.% in increase The panded 104,848 Notes payable of subsidiary company due 1950— Reserve be Mexico pipeline 5,261,566 ; — 1950—3 Mos.—1949 is reached will of Gulf company^ natural gas pipeline 34,467.245 liability (other than Federal income tax)__ •Federal Income tax liability.:.*—/—;— $29,472,657 $25,460,378 workers the to near Buffalo, N. Y. The construction program is designed to increase the system capacity to 1,060,000,000 cubic feet per day as previously authorized by tboi Federal Power Commission. The company is now delivering in excestr of 710,000,000 cubic feet per day, principally to the states in the Appalachian area. 1,109,613 —■__ to, 1951-1958. from T ■ Tax extendible peak of activities construction _1_———* 30,763,382 stock—* 104,848 liabilities"'-—'^—^ Purchase the .When stretching extended V"*'' '■ 'f'V; Program to Start— $100,000,005 construction 6,000 183,879,729 159,135,242 2,629,938 2,805,168 charges—— LIABILITIES— 1- 1.309,467 1950—Month—1949 698. p. _ 1,944,175 28,898,196 i———————„i—L_ 295,703,249 278,582,552 Total " $14,146,776 $11,035,702 —. less) or ______ Spiegel, Inc.—March Sales 28.2% Higherperiod End. Mar. 31— Sales cost 20,651,063 1,943,551 «► program for 1950 will be launched by the company early this month, it was announced by Charles S. Coates, Vice-President in charge of operations and construction. ' 53,082,192 6,523,375 _____ (at A ' $ 29,860,197 (less reserve) Properties, leaseholds, plant and equipment and intangible assets (net)— •1,304,387, *558,077 1950 Construction 1948 17,784,267 securities (at cost—less than market) Investments 2,064,641 1,909,140 1,976,783 v hand..— on Inventories 2,826,444 12,076,168 'y and (1465) DEC;. 31,, 1949 banks Accrued 5,740,797 "Loss.—V. 171, p. 1395. SHEET ' Accounts and notes receivable 9,208,482 6.398.959 ;• in Marketable . 1950—2 Mos.—1949 1.549,702 oper. income net AND BALANCE CHRONICLE $ $37,243,761 $48,583,506 $75,900,299 $79,173,623 30,844,802 32,842,709 63,824,131 69,965,141 oper. income—__ Consolidated FEB. 1950—Month—1949 Total Total Net ASSETS— T. FINANCIAL & COMMERCIAL 10 THE (1466) present subsidiaries have simplification tial 7 he President of would be the a result of P. 1299. testified that future managerial policies company with consonant to the basic objectives of the statute. conforms system '< which the during the past followed tnose objectives ::' yc'yY , FINANCIAL this source in the first quarter of lrora few years as The met.".—V. 171, been have -.yy statutory & CHRONICLE common stock, plus $1,375,424 cash, into 1,072,831 shares of Niagara Mohawk Power Corp. common stock. This operating company stock is expected to pay dividends of $1.40 per share annually. A dividend of 35 cents per share, or a total of $375,491, was received by United substantially complied with the corporate Section 11 (b) of the Act and in essen¬ now requirements of details the COMMERCIAL earnings for the first quarter period Wabash - Net 1950. Toledo Peoria & Western Gross RR.—Earnings— 1947 1949 1948 $359,206 130,281 60,532 $339,331 132,513 60,619 1950 from railway $370,257 Net from railway 131,364 Net ry. oper. income-53,459 _ $34,842 •19,555 Corp. common stock.—V. ; From Jan. 1— ;Y ".. from Net Net railway railway from ry. __ " Net 312,833 294,826 240,688 135,949 104,191 *72,007 Net March on filed 27 shares 900,000 of letter a - offering 600,000 shares of are 35 cents much, PROCCED6—Will working capital Other income be used the of Profit stock (par 10) at common for to purchase component requirements of increased on on parts and' for business. Dividends pectus stales. —V. EFFECT V.'1'' '—V. 169, p. Treasure TO . . Gold v , - , The company covering offered at additional writing March on cents sales Profit machinery, letter a SEC April 3 announced on to par stock common cash issue Electric of to its 1950 United Air Lines, The sell the issuance of additional an construction the Loddengaard, President Board W. the S. to with to the to formerly No per Directors. of Stuhr, Executive former Chairman of 170, under¬ Au¬ its shares of 171, —V. Year End. Dec. 31— sales Profit 1949 , been 171, before income $1,760,945 - taxes and State " taxes-.--. profit divs. Com. $2,203,291 , 1947 ry. &et 1,199,000 733,200 170, $1,006,705 305,192 305,192 305,192 $6.50 $4.55 $3.30 after Net ry. 1 income March filed 24 with its "Comprehensive Plan to Complete Investment Company." <. Y'-.'Y V Under the exchange sequent 1960, shares for , amendment, with United will shares the Net The amended longer utility hold of application to be which order **1 shall United a) of and provide shall (b) United by Mohawk fractional sub¬ a outstanding The voting plan they record March of one United of such plus cash in in ac¬ then 23 shares owning for whole lieu of any fractional share that of Niagara "When thereafter of own shall former any statutory in Its an filed did not provide their investment transformation into would provide such an the 5% as has continued : income—: opportunity 171, $209,390 23,946 56,066 *69,117 •18,197 15,933 24,539 t372,561 1947 143,134, 57,410 SEC 34,111 •Includes OF the plan EARNINGS 1949 . ' : 1948 " 1947 $1,522,207 $1,025,199 92,913 59,128 1950—3 Mos.—1949 " the 816,635 816,635 Mil $0.71 Y $74,239 $171,796 31,631 70,844 There is $40,149 $42,608 $100,952 $32,132 2,050 (est.) Drl,438 3,679 Dec. at $25,745 $104,631 excess 44,590 at March en cents 27 shares 750,000 40 $60,041 Jet 171, Profit com- those in of September, v.-;, slightly lower than assets ratio at the of end liabilities over of Spokane, Wash.—Files letter a of proceeds mine notilication stock common the (par to 10 development with cents) the be to indebtedness, for Kellogg, Idaho. pay near Stock — Sold—Laird & & Co., Co. on Lines, Inc.—Earnings— settlement of 1949 1948 $440,000 $334,704 525,164 525,164 $0.84 $0.26 398. p. . * (& Subs.)—Earnings- 1949 Y 1948 r \1947; V" i — 1946 Net 170, p. current 96,525,743 68,103,467 12.330,375 45.677,745 35,872,344 1,003,699 42,505,511 50.847,998 32,291,123 11,326,676 37,500,000 36,000,000 27.000,GOO 12.000,000 9,000.000 9,000,000 7,500,000 7,497,272 $4.05 paid $5.65 S3.59 $1.5 L Earnings per share —V. Y 69,211,255 26.645,744 taxes- Com. shares outstdg. heavy contemplated capital expenditures, the directors '$ 1,137,790,411 998,379,307 612,353,568 - income Dividends a $ 863,154,498 — Federal income 2231. Western Pacific RR. Gross Inc.—Earnings— ' 1949 1948 income Federal taxes income 3,164,160 taxes from Net 3.396,736 from Net ry. -1947 ; Co.—Earnings— 1,272,000 $2,124,736 Gross 1.190,000 $1,962,160 . paid $1,946,699 969,741 per —V. p. 170, share. .__ 879,349 387,948 $5.48 $2,636,547 590.381 268,559 404,390 from *146,100 251,385 *50,177 6,220.588 5.615,874 from Net ry. ' $5.02 railway- 6.238,475 5.043,039 : 1,533,838 159,750 1,265,032 672,991 inccme__ 699,929 *303,428 638,960 83,844 _ • railway oper. _ Deficit.—V. 171, 988. p. Western Ry. of h Alabama—Earnings— 1920. February— Gross Virginia Electric & Power Co.—Earnings— Period End. Jan. 31— ; > 1950—Month—1949 revenues.— Profit after charges from Net 394,990 346,201 3,649,589 '2,695,902 $989,911 $746,976 $8,123,515 1,447,355 3,075,567 $1.80 $1.43 ry. Gross Preferred Common dividend shares Earnings per —V,. 171, p. requirements™— outstanding common __ share ^ 1086. 'I V/Y .. Virginian Ry.—Earnings— February— Gross from Net from Net ry. 1950 railway,; $763,314 v railway oper. *351,924 income $3,248,432 1948 1947 : $2,945,757 $2,840,633 1,210,200 842,808 1,121.564 791,051 f: 548,596 691,801 *214,354 1947 $307,732 93,843 47,719 14,057 43,986 15,379 654,605 669,446 728,261 646,651 130,111 88,675 1*1.235 99,918 53,433 31,056 79,858 32,113 income. l— railway railway from ry. V. income oper. 171, 088. p. Western Wood Sugar & Chemical Co., Salt Lake City, Utah—Files With Securities and Exchange Commission— con of cf be March 27 filed shares of preferred stock common preferred to cn 5,555 pany covering shares 1949 • 1943 $362,308 41.491 ; from Net SEC ' 1949 S317.203 47.223 19,605 railway— Jan. Net profit 1950 $301,561 railway oper. From $5,850,599 1,447,355 3,707,884 from Net 1950—12 Mos.—1949 $5,407,772 Y $4,824,035 $56,798,396 $50,894,192 1,384,901.1,093.177 11,773,104 8,546.501 . 1947 $3,011,730 83,494 387.948 $5.06 Capital shares outstanding Earnings 969,658 387,948 ;___ 1948 $2,738,262 869,311 income oper. 1949 $3,166,048 _ From Jan. 1— 3,136,699 1,202,000 1950 railway railway— Net Net for and current a taxes. tax on income $0.86 ■ after before Federal $25,771,796 $24,707,814 $21,257,249 before profit Total loss discloses current tiled of Services, Inc. Air Gross income C*4,305 $0.64 1; •YYY $1.50 nonrecurring income arising from the small Y\'. a ' are Western Electric Co., Inc. quarterly dividend to 40 cents per of this amount has been declared, payable March 28, shareholders of record on March 21, 1950.—V. 170, p. 2337. for Net after 1949, of share, per Year Ended. Dec. 31— 18,450 $25,516 $0.64 limit basis no 1949 . *' $52,755 15,654 T Net sales > 31, inventories an is year operating for the first six operations in July, the plant • "20,623 $41,170 16,454 share $12,000 company profit —V. $141,371 109,239 Year Ended Dec. 31— Prov. the from dividend A Profit "There during Capital shares outstanding Earnings per common share 3,319,325 profit to sheet to one and Western $3,460,696 1,935,807 $42,199 to stated. prevented 2,500 shares of common stock (no par) at $15.25 per share, the proceeds going to selling stockhold¬ ers.—V. 171, p. 1396. 1950—12 Mos.—1949 $2,107,603 profit decided balance Welex Net 819,100 $58,036 to were Year Ended Dec. 31— $893,339 _____ per we - 455.800 profit Gross from Net from Net ry. railway * railway oper. —V. 171, p. Vulcan 88,371 96,675 2,892,344 6,708,993 267,693 6,305,228 6,162,207 2,540,810 2.111.815 1,663,749 340,925 income 1,340,'385 2.727,4431,674,962 1948 used and to underwriting four build (no of for common and operate involved. a letter to be par) S50 wood a of stock per notification (par offered in unit. sugar $50) units with and of share The^proceeds molasses the 22,220 one plant. are No f & Iron Co.- $1,332,619 $871,326 852,142 852,142 852,142 Gross $777,529 taxes — dividend stock paid (less non-dividend $210,303 account paying of arrears on Niagara taxes). converted Niagara $346,457 437.049 208.381 139,500 176,850 83.000 remaining Power Corp. a Net Cash Earnings —V. I profit dividends 1G9, paid ; . '. shares outstdg. per p. common 1493. share__ j Y $204,745 127,308 364.375 Y $0.56 $260,109 132,726 Y $125,381 r 16,113 364.375 -364,195 $0.71 priced at 98%% group and accrued interest, at competitive sale April 5 bid of 97.914%. Other bids for Salomon Harris, Common Its entire Hudson $590,675 344,245 $19,184 . on applicable company *$480,477 $475,948 i- on are awarded to the were , . _ Profit before income 1949 headed by Harriman bonds, which -Earnings— r/ profit Wheeling & Lake Erie Ry.—Bonds Offered—A group Ripley & Co. Inc., on April 6 pub¬ licly offered $4,000,000 of general and refunding mort¬ gage 2%% bonds, series C, maturing Aug. 15, 1974. The 1947 f 987. Mold 54,674 $1,062,445 . stk. 'NOTES—Early in 1950 the of *$573,041 *947,541 March 28 sold 99,199 dividends preferred 374,500 $623,598 Barron, McCulloeh and William N. Edwards The until 77,191 $777,529 $399,379 Cr387,607 machinery, equipment and. No underwriting involved. 51,471 Prov. for Fed. & State income taxes Eupson 2nd 1948 income on covering offered 108G. p. Van Raalte Co., for $1,298,007 taxes com. , 1,011,205 February— 22,592 income Bal. avail, for ^ tax Following 1948. 110,800 *31,117 Year Ended Dec. 31— Preference note 423,634 *6,964 *90,893 • 395.432 *88,584 $513,836 income NOTE—Due the in company; basis set V the on on the 82,610 loan other Co.—Earnings— $7,704,035."—V. 171, p. 1087. Enterprises, Inc.—Earnings—Dividend— •Includes no $941,259 , and 2%% April 3. on used From Jan. 1— STATEMENT 1950 . Expenses bank privately $5,750,000 announced was Merrill — placed — eight The 1948 17,887 Earnings ■«. 3 Mos. End. Mar. 31— on hearings of company investment opportunity, the in¬ With Securities and Exchange Commission— subsidiary." *>' holdings $2.54 of Mohawk United much as withdraw COMPARATIVE Net $2.31 $0.28 $184,236 Prov. for Fed. inc. taxes originally Commission Income 1,718.600 yyy Fed. income taxes the to oppose amendment Interest 1,955.648 12 not have 1949 Federal because over $3,009,794 *9,793 profit Total on securities further notice. Total $3,075,244 common. forth. The $327,651 1949 — Dividends as stockholders The 1,651,194 Power share conditions thereof. as within may shall Other an company, Commission event 4,660,988 $170,990 goods sold Gross 1950 months thereafter (or such later date application approve) sell sufficient voting securities of The Columbia Gas System, Inc.. Tlje United Gas Improve¬ ment Co. and Niagara Mohawk Power Corp. so as to reduce its holdings of such securities in each company to not more than 4.9% the • *68,930 Expenses Y-Yv/YY' fixed Niagara any exchange reque.-ts 10% as of of of to basis shares much as lieu common the on six j* into -v--YY; shares in are resumption of operated in August at a profit, and operated at a profit thereafter. ' amendment an voting securities of any public company it shall be entitled to the entry of an order by the Commission declaring that United has ceased to be a holding as 1,431,000 ; '$25,623 :_ income™ oper, sales share. paragraph: right Mohawk each SEC Transiormation amount an whole cash the approximately for in stockholders to more shares of Niagara shares, plus following offer or for or stock common common 4.506,244 ■" .; have owning cash has a per share months. Ogden Corp., in process of liqu'dation, states that idle cash is deposit" for redemption of Utilities 7% preferred stock and 5% and debentures.—V. 163, p. 2343. s;\"" " ; • 5 $913,977 United would offer to those stockholders of 29 shares or less, the right to 23, such cordance 30 amended plan, March the its Privately Beane Washington-Idaho Mining Co., railway—— railway-_____ ... United Corp. (Del,)—Files Amendment to Plan— on orders He said that orders $9,228,010 $18,775,061 loss 1948 broach of contract claim. 1948 $742,158 I'. taxes. ' corporation 1965, it being Placed & investor The company's annua) report parison between the operations r — The on Net 1949 Federal strike February and expressed •Profit. ... 175,194 $0^27 sh._ income "Deficit.—V. $100,000 for prior years.—V. 170, p. 1920. 1741. of Common stock outstanding 457,788 $7.22 p. Co.—Note Fenner institutional before Net 783,181 305,192 profit —V. Baking Pierce, Earnings 1949—12 Mos —1948 • ; 4- from from Cost sh.___ com. Calendar Yea r-^- Corp. ;1.; 1950 oper. Net of United Cigar*Whelan Stores Corp. (& Subs.)—Earns.— record , 502,845 - $353,424 railway railway- from been 1946 $1,983,905 -$1,389,225 762,980 610,384 915,576 •Less overprovision of to $4.65 ■ . k Utilities Power & Light Corp.—Redemption Funds— has outstdg.—_ per The $6.09 137,000 From Jan. 1— :V *l,lO0,00OY: paid— shs. Earns, 385,603 $1,792,760 1,542,412 385,603 $1,729,179 $20,012,654 $18,457,437 -490,424 inc. taxes from Net Operating Net 1.928,015 Ry.—Earnings— Net $23,277,287 $20,807,393 $17,994,920 $14,625,957 taxes 3,303,291 3,182,905 2,122,425 1,789,886 inc. coal ahead sales —_ Prov. for Fed. Cash $2,350,504 2,120,817 385,603 1187. p. Valcar 1948 • $2,221,003 1949—Month—1948 February— Gross Gross Chairman named inc. before Utah 12. ,: Loss Light Co. (& Subs.)—Earnings Period End. Jan. 31— Net the of 20% Year Ended Dec. 31 no 1395. p. revenues profit s_ Dividends paid. Earnings per com. United Carr Fastener Corp. (& Domestic Subs.)—Earn. ; Y ; developments, W. B. Holton, Jr., President, in February as a result of the coal about were of sharply Warner & Swasey 1947 1,133,275 ' Net ' board, becomes Chairman of the p. shares special meeting directors announced- 1846. p. proceeds "The , Committee.—V. 1948 v 1,413,336 $5.76 from at the each, Subs.)—Earnings— 1,375,871 outstanding share__ stock common by the company to redeem all of its outstanding 5'/2% 25-year debentures due Oct. l, 1970, all of which were recently called for payment on April 1, 1950.—V. 171, p. 1187. Net taxes- \7', Changed—March Orders value par that since settlement March an The 2,926,035 common Prov. for Fed. order authorizing, an 350,000 Vice-President, has who $30.77 3,763,840 170, p. 48. Profit be -V Y' program.—V. Executive Enders inc. .YY.-'Y change the $2.50 declined due March 31, for pay Inc.—Purchasing Its Stock— Fred 170, with 262,500 $18.29 to of current on but in Lynch, 3,596,874 k shares United Board & Carton Corp.—New President— M. 236,250 1949 r — Utah Power & during February purchased 1,732 shares of its AVu fnn cumulative preferred stock in Lie optn market at a total cost of $142,106.—V. 171, p. 699. V ' P. $1,085,776 277,914 -V,;.-,, taxes„__; Period End. Dec. 31— company elected 277,914 177,158 ; v< the opinion that further gains are in prospect due to the substantial deferred demand for valves, pipe fittings and other company products. —V. 1,312,500 paid Earnings irs parent, The North American Co., lor a $5,000,000. The proceeds would be applied by to consideration Union and $758,027 $15.16 : Y/\ substantially, with the trend still upward. receeived $18,623,156 $17,993,833 $17,299,412 income Common —V. thorized Sold to Parent— The (cash). stk.) (in profit Operating cents) 25 (par to be used exploration. /Y/YY YY' ; $874,751 277,914 : 1,922,270 4,386,282 .• shares orders Federal taxes Outstanding Union Electric Co. of Missouri—Additional Stock this company 477,000 . for Fed. and State Net 3,000,000 shs. notification of stock common "V'VVV 393,000 share . 2,035,641 ,Y\. - - the proceeds of debts and payment V;V involved. of share, per that creased 32,531 997,000 surp. —— before Prov, Mining Co., Denver, Colo.— filed 28 shares 100,000 50 stock com. 1,190,687 required. Commenting said $2,115,307 59,312 stock stock common 171, p. 1299. Net Files With SEC— SEC _________ $1,294,339 61,052 v '*;< Year Ended Dec. 31— FINANCING 3,000,000 shs. y Mountain PRESENT Authorized - . lc.)_i—_Y 1713. 20,273 $1,328,803 tax preferred per Dividends ipur $2,095,034 12,472 United States Playing Card Co. (& V| Common stock income common on Earnings 1950, volume of sales was approximately twice that of any proceding month in the corporation's history. Back¬ log of present orders amounts to over 2,500 units and necessitates a three-fcld expansion of production facilities and personnel, the pros¬ GIVING $1,281,867 loan transferred to yr. Dividends February, CAPITALIZATION bank 3,292,885 of the annual meeting held on April 5. The no actual exchange of certificates will he that .....re¬ 341,217 12,579 — long-term on 3.156,935 986,660 in lieu 25,141,026 — income 1,011,072 14,832,474 20%— vafue to Ward CORPORATION—Is engaged in the business of manufacturing and receivers under the name "Tradiovision," designed primarily for use in hotels, restaurants, hospitals, schools, military installations and other places where large groups gather. The majority of these sets have a picture 4x3 feet in size. the month Y> 446,099 $1,316,224 — — 1,085,160 16,883,730 4,829,485 stockholders voted par Offered—Tellier & Co. selling theatre size television In v 26,743,386 t Total Interest Dividends to meet no 25,396,226 490,573 arid equip. Profit from operations (par share. a The 1947 ____________ bldgs., on Prov. for Federal Television Corp.—Stock Trad ~ 1948 $27,176,023 $28,471,352 $27,577,277 - 590,833 , 1299. v7Y.'-. Increased n 15,734.684 income oper. 171, p. •• situation, of stock common 1949 goods sold, delivery, admin., selling, gen. and developm't exps. Deprec. notification with the $1), with 300,000 shares to be issued at 10 cents per share to cancel indebtedness and 600,000 shares to be sold to. the public at 10 cents. The proceeds are for mine, Mill and incidental financing. No underwriting involved. company covering Co.—Earnings— Cost of Tonopah North Star Tunnel & Development Co.—Files The SEC 1— sales 2,241,659 Walworth Co.—Par of Shares Calei%r Years— *41,467 136,259 ^ oper. income-.•Deficit.—V. 171, p. 1086. 1947 $7,305,456 2,528,070 " 552,141 railway^ railway from ry. 171, p. 699. United States Envelope ^ 64,959 663,675 762,010 1948 $8,487,011 1,630,561 ' >14,848,481 from Net —V. •32,637 • , 778,128 < ry. oper. income Prom Jan. 1— Gross . Gross < 1949 $7,601,602 1,646,902 railway railway from 19®0 $7,2411,044 —~ from Net of 1950 is the first three-months' company's February— February— Gross the in ' RR.—Earnings— 1 _ company's history in which substantially all of thef* investments have been on a dividend-paying basis and in which all of the company's earnings have accrued directly to the • common stock. During the latter part of 1949, for example, even though the preference stock had been retired, no dividends were being received on the company's large holdings of Niagara Hudson Power Y Monday, April 10, 1950 Bros. Hall Peabocly & & Co. a & 2%% Hutzler Co. rate were: and (Inc.), Lee 97.159; (Jointly). 96.G5. Hal.sev, Stuart & Co. Inc., 97.67; Higginson Corp. (Jointly), J7.219; First Boston Corp. and Kidder, • The Series C bonds may be redeemed through the sinking fund price of" 100%, i For bonds redeemed other than through the $0.34 at a sinking ; -. (Continued on page 47) ' S I V THE Number 4897 171 Volume COMMERCIAL CHRONICLE FINANCIAL & (1467) 11 Stock Record «» New York Stock Exchange DAILY RANGE OF PRICES : WEEKLY VOLUME OF TRADING YEARLY RANGE OF SALE PRICES STOCKS Range for Previous I per share 37 Jun 1% Lowest Highest I per share Dec 51 Jun 3% Dec t per 54% Jan 1 f 21% May Jun 23 Jan 44% Sep 27% Mar 47 Dec 43 Jan 13 14% 19% Dec 17% Jan 3 9% Jan 26 Jan 3 35 Nov Jun 11% Dec May 51% Dec 5% 46 23% May Jan 18% 110% 97% Mar Dec 19% Jan 3 Feb 14 40 ' 1 Apr 51 ACF-Brill 4 11 14 Adams-Millis Feb 24 3% Jan 3 18% Jan 10 67% Jan 72 Mar Allen 10% Mar 28 30% Oct 24 Feb 35% Dec 32% Jan 13 36% Feb 3 93 Feb 16 95% Jan 3 x27 % Feb Jan 97% Nov Feb 33% Dec 31% Jan 13 35% Mar 23 76 Jun 88 Oct 86% Feb 17 90% Jan 18 37% Dec 4% Nov Jan 43 120% Oct Allls-Chalmers 69 Oct 12 Dec 30% Mar 35 Jan 96% July 5% Jun 104 Jan *102 26% v 92% 10% 10% 10% 104 Va 95 220 *19% 400 95 10% 221 219% 20 7,600 *92 10% 10% 27% 104 Va 27 27 104% *92 10% 219 217% 216 26% *103% 95 *92 92% 10% 27% 104 103% 103% 93 10 10% 223 4,400 224 20 *19% 20 Va 27% 27% 28 28 28% 28% 33% 33% 33% 33% 33% 32% 33% 33 33 Va *93% 95% *93% 33% 34 Vs par 2161/4 33% *93% 95 33% common.No par 34% Feb x69 ' 20% *93% 34 34 34% 89 *93% 96 33% 96 89 3.500 300 POO 4.600 , 96 33% 34% 88% 89% 89% 89% V 35 % *35% 36 % 35% 35% ; / 500 4% 4% 4% Va 4% 2,800 ^Mar Apr No par *35% 36% 1 4% 4% 7 *37 *37% 43 110 *109% 109% 111% 111% 9,OCO, 111% 411/4 42 41% 42 % 42% 42% 42 42% 41% 41% 11 «/4 11% 11% 11% 11% 11% 11% 11% 11% 12 71 71 71 71% 72% 73 71% 71% 72 American Feb 15 6% preterred conv 110 Amer Dec 105 % Jan 3 119 Sep 183 % Jan 4 190 Jan 22 % Mar 24 82 Jan 60 7% 19% July 25% Dec 23% Mar 28 39% 47% Sep 44 % Jan 15 VP Feb 19% Dec 18 % Jan 7 24 Jun 19% Oct 18 Jan 5 Mar 82 Jan Feb 18 12 79 Mar 23 3 Jan 13 86% Jan 13 19 Yb 18% 43% *38 18"% 66% *65% €6% 66 66 12% 12% 12% 13% 12% 13% 12% 12% 33% 103% 1,400 1 4% 104% 500 HVa 11% 43,800 4% 4% 4% 4% 4.100 3,100 11% ' 4% 1151/8 115 115% 116 116% 116% 117 117% 188 188 187 187 186% 186% 187% 187% No par 22% 22% 24% 23% 24% 23% 24 V, 24% 24% 62 62 61% 65% 64 % 65% 63% 64 64% 65 23% 24 100 - •24 V, 24 23% 23% ♦48% 49% *48% 49% 49 % 49 49 21% 21% 21% 21% 21% 21% 21% 21% 18% 18% 18 18 83% •82 *49 24% 24«/2 210 9,400 800 24% V *49 50 *21% 22 - 2,200 : 100 1,200 , ' *18 18% 18% 18% *84 10 100 com 85 83% 84% 10 57% 100 133% 20 . American instilling Co. *35% 57% 56% 57% *82 / 58% 57% - Va 134% 36% 36% 135 134 134 57% 58% 18 *82 83% 135 136 18 i'.--" 61% 58% ; 40 33,500 5,150 143 136% 136% GOO 83% " ' 36% 36% *36% 36% 36% 36% 37 700 LOW AND HIGH SALE PRICES stocks YORK 1.900 118 Va 186% 22% *23% NEW 33% 33 186% __lo Range Since Jan. 1 Highest STOCK Saturday EXCHANGE Monday Apr. 3 Apr. I Par $ per share share *103% 11% No par Lowest 7. 33% 103% 11 Va No par Range for Previous 50,000 33 V, 1151/8 American Cyanamid Co com 3 % V conv preferred series a 39% Mar 23 70 13 Va 12% 25 Co /:•/■ 3,400 66 100 common preferred Colortype Co American Crystal Sugar 41&4. prior preferred 6 1,600 18%' 18% *65% 4% 10% 4% 4% 4% 1,400 60,100 103% 104 104 11% 11% 12 33% 33% 34 33% 103 103 11% 1 18 33% *102% 100 American 6 Apr 18% •65% American Chicle 23 61% Apr 143 16 18% 65% American Chain & Cable 23 Feb 23 xl9% Mar 16 > 18% 65% com___No par Broadcasting Co Inc 1% preferred Mar 22 51 Co American Car & Fdry com 15 26% Jan 33% Jun Shoe 17% 2 convertible preferred American Can Co 30% Feb Jun $ per 43% 110% 110% 10 American Cable & Radio Corp 14 Jan 28 Jan 18 5% Jan 60 Brake 4% American 12% Mar 31 21% 100 Note common 12 187% Highest *38 43 50 Bank preferred Jan 35 13 1 American Bosch Corp 106% Year 1949 300 73 cum 104% Jan 20 8 32% Jan 44 *30 4 *108% !No Corp 24 Jan 49 4 4% 4% 50 Petroleum 13% Feb 32% Mar 22 115% Jan 35% 36% 36 par 6 26% Jan 67 2 13 101% Feb ' Agricultural Chemical__No par Amerada 75 % Jan 10 10% Jan 91 *87% 89 " 17% Mar 23 x63 *87% 100 convertible preferred 3 113% Feb 2 6% Jan 26 40 Jan 26 40 100% Mar 172% Mar I per share 27 25% 26 103 % 10 Amalgamated jueatner Co com 3 share 25% ♦102 277/8 11 3% Jan Lowest >3,300 80% 20 4% Jan Dec 36% Mar 30.900 71 27% 28 3% Feb 4% Dec 3% 70% *79 *19% Alpha Portland Cement Jun Dec 801/2 3,400 2,000 70% 3% 70% *79 " 16 % •70 3% 31/2 *70 180 6,400 3 16 % 70% 28 11 7% Jan 51% 3% 711/4 81 2% 2% 16% 20 38% Jan Jan 120 2% 16,400 124 ♦27% 35% Feb 20 10% 87 3% ' *118 124 *70 71 *79 GOOD FRIDAY 22% 16% 3 16% 70% 81 1?% 52 % 22 ' ♦91 American Airlines common 61% July f per Mfg 6 x7% 3% 70% *78 12% 52% ♦19% preferred conv 12 Dec 2% 161% *70 12% 22 «/8 21% 200 2,000 30,jOQ 52 % 12% •52 *118 124 2,500 4,100 1 3%% 3 Dec *118 16% 70 81 100 9% Jan 70 22% 2161/4 preferred 8 27 70 100 No common 45% Mar Jun 12% 521% 71 3% 70 ♦78 Va 3 15% *70 3% 3% 124 *2% 71 ♦70 22 ♦118 2% 2% 15% /15% ' 12% 52 x22 12% 52 22 : No par 2 Jan 31 No par . 40% Feb 20 49% 29% 52 ' 124 118 1 Sep 51 12% 12% 52%'' 22% 5 gtd 10% July Jun 12% 100 10 Ry_ Amer 45 Jan CLOSED 31% 49 31% 30% , 5 Mills 4% 25 % Feb 50 30 Inc Allied Stores Corp 83% 25% Vlcksburg Industries Allied Jun 99 49% 30 Allied Kid Co 3 11 24% 35 % 49% 29% No par Allied Chemical & Dye Mar 16 Feb 25 % 71% July 49% 49% *49 3y« • 1 1 21 19 27% Mar 23 3 Jan 94 29% Jan 14 EXCHANGE 229 Dec Feb 42 3 Dec 19 81 *40% 13 210 2% 41% Jan Jun Jun Jun *40% 200% Jan 21 % Jan Mar 93% Feb 6% Jan 41y2 3 Jan Sep Jan *40% 8% Jan 4 Jun 34% 40% Jan 83% Jan 17% Apr 40% Allegheny & West Ry 6% 79% Mar 14 88 Feb STOCK 3 Dec 86% Jun 22 6 2 Jan 2% 22% 92% Apr 11 64% 89% 22 104 % Apr 4% Jan 85% Feb 69 37 21% 5 4 Mar 30 Dec Jan 21% 4%% preferred w w 9 3% Mar 27 82% 26% 21% 2 Dec Feb 15% 22 89% Mar Sep 4 Feb 165 21% 100 Allegheny Corp common 1 5%% preferred A 100 $2.50 prior conv preferred-No par All^bonv Ludlum Steel Corp_No par $4.50 conv preferred No par 73 2% 40% 8% "22% Alaska Juneau Gold Mining Aldens Inc common 2% Mar 22 Jun 21% 50 Alabama 15% Mar 29 6 20 Va 31%. 1 Dec July 20 / 3 49 9 Nov 27% 3% 20% 3iy4 Feb 4% 104 3% 20 48% 25% Jan 18% 83 31/4 201/4 $3 preferred w w Feb Apr 31/4 19% Corp new common Affiliated Gas Equipment com Jun 64 3% 20% Admiral 2% 5,300 3% 19% Auurbi>sograpn>Multigraph Corp__lo 13 % 10,100 3% 40 Reduction Inc Shares 47 19% No par Corp & 44% the Week . share 1 Air 121 5 44% t per share 3 Vs 40 9 t per 44% 45%;' 44% Apr. 7 Apr. b 9 per share 10% Art*rr>« Fxwress Co 13% Mar 15 Vf'r: Sales for Friday Thursday Apr. 5 J-,,- 2.50 Acme Steel Co 32 % Mar 30 ... $ per share 45% 44% PRICES SALE Wednesday Apr. 4 t per share 45 HIGH AND Tuesday . 10 Tan 55% Mar 44% / V; Apr. 3 , I per.sharer 5 Co Motors 11 50 21% Mar 30 110% Jan 3% Mar 42% Feb Oct 21 Abbott Laboratories 21 2**% 17% Dec Par 21% Jan *17 % Apr. 1 t per share share 44% Mar 31' Monday Saturdayj EXCHANGE Highest 2% Fed LOW ■ . YORK STOCK NEW Since Jan. 1 ■''/7 Range Year 1949 Lowest FOR EVERY LISTED ISSUE : - t per I\ per share Sales for ; the Week Apr. 7 Apr. 6 Apr. 5 $ per share I per share I per share Friday 4 Thursday Wednesday Tuesday Apr. 4 t share Share* per share ■ 4% 6% Oct Feb 15% Feb 19% Dec 18% Jan 13% Jan 21% Nov 28 20% Jan 1% 3% Jun Jan 44 - Dec Dec Mar 85% Apr 7 Ye 7 Ye 7% 7% 7% 7% 7% •19% 20 •19% 19% 19 % 19% *19% 19% 40c 20% 21 20% 21 % 21 21 Vb Power com__No par 3% 4 3% 4% American Export 4 4 . ■: $7 16 Jan 25 % Mar 22 37 Jun 61% Dec 54 Jan 76 % Apr 45% Oct 51% Dec 49% Jan 55% Mar 22 American Gas 34 Jun 43% Oct 39% Feb 42% Jan American 5% Oct 4% Jan 6% Apr 3% Jun 1 18 1 Jun 48 Nov 47% Jan 48 Jan 32% Dec 31% Jan 34 Jan 20 5% Jan 9% Sep 7% Feb o* Feb 73 100 Aug 84 11 8% Jan Mar 10 92 American 6% Mar 29 non-cum 6 22% Jan 12 18% Feb 15 American Locomotive Jun Jan 84 91% Feb 27 11% Jun 15% Dec 76 Jan 84 29 Mar 22 8 Mar 22 34% Jan 11 Jun 33% Dec Jan 105% Nov 104% Jan 3 Jan Oct 6% Jan 5 28"% Nov 29 % Jan Feb 13 25 33% Mar 16 32 33% Dec 36% Aug 19% Mar 30 21% Feb 28 Amer Pwr & 15% Apr Amer Bad & St 10 .Jun 169 Mar 6% Mar 23% Jan 14% Jan 178 Sep 39 % 13 Feb 10 Jun 164 Dec 19% 12% Jan Deo: 4 Mar 2 42% Mar 27 2 Feb 13 145 Jun 128% Nov 128% Jab 5 July Jun 20% Nov 19% Jan 146% Jan 3 60% Jan 76% Dec 70 Jan 153% Dec 7 151 49% May *117% 6% Apr Jan 74 Dec American Stove Co *9% 10 100 *47%. 48 134% Apr 6 22% Feb 3 22% Jun 25% Jan 99% Mar 48% Jun 4 6% 100 Corp common—14 157 *120 preferred 28 32% Jan 28 American & 7% Jan 40% Dec 108 Dec 55% Jan 11% common No par 22% 22% preferred $4 conv prior preference 100 85 85 Woolen 7% Feb 8 65 Jan 12 27% Mar 10 31 Jan 9 31% Jan 12 Anaconda Mar 27% Apr 37 5 x51 20 Jan 12 Dec 9% Jan 3 Feb 26% May 42% NOV 34% Jan footnotes see page 22. 47% Mar 30 Jan 27 106% Jan 55 4 13 8 10% Jan ■ 25 50 Cable No par Wire & $4 preferred ___No par 69% v : Anderson-Prlchard Oil Corp.. Andes Copper Mining 31% 21 20% 120 120 67% *7 *119% 11% 11% 11% 22% 23 *69 155% 67% 67% *119% 22% 68% 7 63% *61 6% 7% *61 6% 63% 28% 28% 28% 28% 28% 28% 28% 28% 28% 28% 28% x28 % 28% 27% • 46 *110 46 110% X45% 110% 46 46 110% 110 20% 20% 20% 20% 21 ' *9% 3% *39 10 3% 40 *9% ♦3% ♦39 9% 3% 40; *45% 46 110% •110 46 111% 9% 155 V. \ 900 /,> 200 1,000 155 / 19,800 8,400 71% 155% 4 ■ /. 720 5,300 68% 119% 70 11% 11% 15,100 22% / 69Va 119% 23 V 68 "? 6% *61 / 7,600 85 85 :/ . 150 68% 230 7 63 5,600 1 1 -v.;/'. 30 ./•',■ i 19,900 29% 28% „ 28% 29 630 46 1,800 46 v •110 21% 21% / 9% : 134% 21 54% 9% 2,300 10Vs 48Ve Z *54% ; *9% 9% 54% 54% 21% 400 70% 28% 63, 100 31% 21 63 63% 28 / 24% 154% 85 68% 300 43 4,400 134% 23 85 69 480 158% 145 f 48 67% 11% 170 9,000 24 Va *■; 156% 11% 1,600 41 31% 120 *62 1 *42% / 21 11% 5,200 44% 53 52 145 71 23% 10 20 41% Feb 10 c 85 54% 5 * 70% 85 6% 6% ■: ; 7% • 157% 154% 154% 69 54% No Par 21 9% 47% 69 "Va . ; 137 22% 54% A P W Products Co Inc 9% 85 V2 *84% / 31% 47% 157 120 24 31% *134 71 157 156% 157% 67% 66% 158% 23% •V 155 70% 54% Archer-Daniels-Midland 52 21 154% 71 Va *54 6 Mar 51% 9% ' 5 41 100 84,800 15% 44% 40% 24V» *133% 133% 155 21% 7 44% 40% 43 " Anchor Hock Glass Corp com..l2.50 Anderson, Clayton & Co 12 6% 1 com $5 prior conv preferred Copper Mining 4 Mar 23% Jan 11 15 110% Mar Amer Zinc Lead & Smelt 69% No par Anaconda 5% Feb 61? 4% Jan 2 7% Jan 10 66% 44% 7 21,100 178 7% 48 70% 120 Va -"•> 7 Va 8,700 20% 15% 50 100 : >36 *176% 7 V* 145 . 'ZyV/Z 33 Vs *176% 178 7 2,900 6% 32% *42 136 <70% *6% 32% 145 9% 20% *105% V 6% 32% 145 47% 154% 157 30% 106% 158 24 100 30% 106% *6% 15% 10 20% 11% 74 Apr 11% NOV 28% 10 66% ! 30% ♦105% 200 1,600 7% ' 159 Va 43 *31% 1 7,000 85% 7 30% 15 48 133% 135 7 20% 48 154 V8 5 6 14 68 Deo Dec 35% Jan 35% Jan 65 94% Feb 70% 100 preferred American Viscose 5% 20% 154 25 common Jan 2% Aug For Mar 30 Jan Tobacco 21% Feb 8% July Jun 75 American •130 5 100 Feb 19% Feb 15% 158 100 __ American Tel & Tel Co 8% Mar 80 Jun 9 76% Jan 7% preferred American Sumatra Tobacco American Water Works Co Inc Jun 25% 155% Mar 27 *84% 1,500 8,700 / 15% '*35% *9% < 15% 52% *42 31% American Sugar Refining com 6% :. 15% *142 24 12% Jan 15% 1,300 86V2 85% 15 *84% xl57% 42% 31% 14% 85% 51'A 145 23% . *84% 41 31% 11 14% 44 V» 51V* 900 21% 14%' 21% 14% 85% 35% 44 Vs 23% 50% Mar 23 21% 21% ' 20% *39 Vs 23% Co 11,300 15 35 Va 7% 160 ♦143 15 20% 178 *175% 7% 42% 42% 145 15 20% TVs •31% Stores 12% Mar 22 59% 160 159 600 5,700 8% 36 20% 41 50% 50% 7 15 32% 44 7% *39% 7,400 92 6%4 14% 14% 44 ' 40 105 V4 *35% - 178 No par No par 64% Mar 29 85 14 No par 18 3 91% Mar 42% *141% 20% *175% 7% 25 7% Jan 38% : 44% 100 common Aug 121 Jun Jun Co preferred 121% Mar 28 Sep Jun non-cum 25 79 4% 6% 117% Jan 21% 48% 6 com 7% preferred American Snuff 7Vs 7 32% American Mar 31 Feb 13 Refg 14% 178 44% 5 _No par 32% American Steel Foundries 13 150% Jan Jan 27% Feb 25 16 135 *175% ipq , •6% 36 *90 87 7% 30% 105 V* 20% 20% 92 86 6% 6% •35% 36 33% 8 14% 30 106 % » 34% Fen 27 9% Mar 21 38% Jan 120 138 14 No par 158% Dec 31% 45 San'y com 7* 100 22% Mar 24 Feb 19% 18 29% Jan Jun *35% com new.No par Jan Jan Jan Co Light 50% 28 7% 32% 32% *39'A Jun 31% 32% No par _No par No par 40 21% 6% No par 141 85% *105 V4 Amer Smelt & xl57% Apr •84% 6% 7,000 7 , 48% 33% ♦46% >■ 8,900 15,700 CLOSED fi 6 *90 15 14% 30% I/: 8 21% s 85 106% *6%, 33 % *7% 14% 14% .87 14% 30% 33% 92 21% 15 Va 88 105 % * 6% 48% 8 14% 7% ...1 ' *46«/2 33 Va *90 14% 14% 6 /'■ EXCHANGE " 21% 14% ♦87 48% *7% 14% 21% 14% *46% *" 6% 33 92. 14% 21% ; 30% .100 American Natural Gas Co News *90 88 6% 8 7Vs 9 Sep 32% 30% 3 42% Dec 48% 7% 57% Jan 166 6% 85% 43% Jan 11 6% 7% 39% Mar 30 6 6% *84% *50% Mar 28 Mar 9% Jan 3 150 Jan FRIDAY • GOOD 42% American Ship Building Co 177 Mar 28 Apr Jan 34% 130 6 54% 42 .100 preferred American 54% 41% 51% Mar 16 7 Jan 9* 54 »/a ♦41V, preferred , American Safety Razor American Seating Co 44 56% v«n 4%% 53% 41% No par American Molasses Co 1 Nov 43% Dec Feb 142 13% Jan 176 i 8% Dec 49 Jun 37 34% Jan 7 53% 41% 14 American Metal Co Ltd com.No par 3 53% 41% *87 _No par com Amer Machine & Metals 5% 7% Jan 53% 41%. 14% 100! preferred Amer Mach & Fdry 3.90% preferred 96% 106% Mar 53 % 41% *21% —1 common 7% 22% 7 53% 14,400 70% 15 73 85% Mar 15 75% ♦14% 13 3 75% 92 30 Jan 4 4 74% •90 Jan Jan 76% .100 preferred J 3% Mar 5% Jan 75% 32% •7% 14 78 74 8 21% Feb Sep 70% 48% Jan 7% Mar 70% 32% Dec Jun 24 8 18% 4% 84% 23% 32% 22 % Feb 20 84 Va 24 ♦46% 15% Dec 17 84% 23 Va —1 Jun 13% Mar 30 83% 24% No par 12% 102 85% 23% common preferred 15% Mar Feb 84% 24% 6% American International Corp-No par American Investment Co of 111— —1 11% 84 22% *41 »_1 15% Jan 9 80 Products Home 200 5,300 STOCK 4V« 79% *46% American Ice Co 4% 4Va 23 .50 convertible 4% 4V4 3,100 53% .10 com__ 21% 70% -10 Co Co American Hide & Leather Jan 30 24% 46 & Electric Hawaiian SS 4Va 21 7% -7% *19% 19% '21 '/:/ .21% 22% No par, preferred A—......No par $6 preferred No par 19% Dec 7% 79% preferred $7 2nd Jan 6% Lines Inc Anw & Foreign 4% Mar 23 64 % Jan 1 No par American 23 24% Feb 2% Jan 69% 2U Encaustic'Tiling American European Secur_ 7% Jan 30 6 6% Jan , 21% *9% *3% 3% *3% 3% 3% 38% 38% 38% 39% •39 Va 111% 21% 10 3% 40 40 500 55 7,800 i ... 500 V // , • 200 500 12 THE (1468) COMMERCIAL NEW & FINANCIAL YORK STOCK ' Range for Previous Highest t per thare 19% Jun 29% Dec 26% Jan 77 Jun 95 Feb 89 5 Jun 8% 77% Jan 38% Jun 51 % Dec 101% Dec 94 Jun 105% Jun 33% Mar 9% Jan 81 100% Mar 13 102% Apr 6 114% Mar 23 Artloom Dec 104 Dec 98 30% 50% NOV 80 Jun 105% Jan 97% Jun 105% Nov 19 3 110 Jan 104 Feb 7 47% Jan 100% Jan 16 103% Jan 27 112% Apr » 3 106% Mar 21 Dec 15 Jan 12% Jan 3 47 Jan 41 Jan 13 53 Feb 73 Dec 68 Jan 77 Feb 94 Mar 87 59% Mar Dec 108% Feb 1 115 Dec 99% Jan 5 102% Mar 11 24% Aug 22% Jan 19 Sep 20 Feb Jan 105 Feb 18 Jan 6% Jan 24 Jan Jan 6 % Jan 17% Mar 12% Jan 8 16 3 /1 7% Feb Jun 15 Nov 8% Jun 12% Jan 7% Jun 11% Jan 22% Jan 14% 14% Jun Jun 60% Jun Jan July 63% Apr Dec Sep 21% 36 Jun 41 43 16 56% Dec 46% Feb 25 15% Oct 14% Jan 3 11 % Jun 17% Jan 11 26% Nov 33% Dec 29% Jan 87% Feb 12% NOV 16% 69 Oct Mar '6% Jun .,. 27 % Jun 101 98 Jan 17 Feb 98 Mar 37% 12 % Jan X85 Apr 11 Jan 21% Feb 27% NOV 73% Jan 85 Dec 93 Jan 109% 25 May Jun 129% Jun '/ 22 % Jun 9 Oct preferred 15 Feb 24 87 Jan 13 9% Jan Dec 32% Mar 30% Jan 141 Dec 31% Mar 44s/g 44% 44% 44% '42% 44% 43% 44% 900 14% 14% 14% 14% 14% 10 % 10% 10% 10% 11,000 11% 11% 11% 12 68,100 22% 23 18,700 45 14% 14% 14% 10% 10% 10% 10% 12% 11% 12% ,.-100 21% 22% 23% 22% 23% 22 >. Highest x 22% 22% 19 18% 18% 19% 19% *19 19% 19% 64 19% 63% 63% 64 64 64 64% 63% 64 10 45% 45% 46 47 47 47 48% .49% 50 10 18% 51% 18% 2,600 *18 18% 18 18 18% 18 39 18 fa 700 *38% *38% 50% 39 *38 % *18 '39 *38% 39 *38% 51 % 51 51% 51% 52%' 51% 17 17%. 17% 17% 17% 17% 17% 11% 17% 11% 2,600 11% 11% 11% 11 11% 11% 32 11% 2,400 33% 33% 101 % 101% 101% 100 17% 17% 17% 2,000 100 33% 33% 33% 33% 102% 102% *101% 17% 17% 17% 17% 17% 17% 17% *21% 22% *21% 22% 22% 22% *21% *83% ..._2.50 84% *83% 84% *83% 84% *33% 103 103 *101% 101 22%. *22 84% *83% 84% 1 8% 8% 8% 8% 8% 8% 8% 8% 8% *31% 87'a 32% 31% 31% *30% 31% *30% 31% *30% 31% 20 *32 32% *32% 32% 32% 32% 32% 32% *13% 32% 14% 32% *13% 1,500 14% 13 7a 14% 14 14 14 14 400 *13% 14% 15 1,900 14 2,300 —10 1' *13% t_l i 13% 10 14% *86 14 *13% 14% 14% 88% 40% *86 14% 14% 14 14% *86% 87 *14 14% 14% 87 - *86% 14% *86% 11 10% 11% 26% 26% 89 87 87 1946_Nopar Cum pfd $4 div ser of 1948JSfo par *110 Benguet Consol Mining Co..18 Best & Co.— Jan 89% *87 41% Range Since Jan. 1 Highest $ per share 7 111% 111% 111% 111% 1% 1% 1% 26% 33% i. >' *140% No par No par 89% *111 100 112 200 1% 1% 47,500 26% 26% 26% *26% 26% 26% 26% 33% 34 X33 % 33% 33% 33% 33% 33% 2,300 34 34% 34% 33% 34 % 34 35% 41.600 *140% 144 24%' 25 24% 13% 14% 13% 13% 13% *140% ., LOW Saturday Apr. 1 Monday 142 143% *110 AND 142 100 24% 25 24%4 25 2,600 13% 14 14% 14% 14% 8,800 HIGH SALE PRICES Wednesday Apr. 4 f perthare 142 800 25 < Tuesday Apr. 3 # per share Par 3,200 26% 33% 143% 25% > 6,600 26% 33% *24% • 9,500 11%. 26 *87% 1% 33%. 42% 10% » 111 % 1% 4,300 87 42% 89% 1% 33 f *87 42% *109% —100 EXCHANGE 41% 1% YORK/STOCK NEW />•■,-/; 77>>>/^ 41% 111% 26% 1 preferred 41% , Nopar com 40% 1% pesos 1 ; (Del) Bigclow-Sanford Carpet Birmingham Electric Co.. 14% Apr I per share 14 87 26% 28 * 3 900 50 ——— 10% 1% 2,700 22% 26 Mar 52% : 33% 11 144 39 51 17% 11% 12,50 Best Foods 21 150 32 Nopar — Bethlehem Steel 1,000 50% *17 1 *87 36 % Jan 6,400 19 26% 29% Jan 1,700 64 5 Cum pfd $3.25 ser of 35% Apr 2,900 50 10% 23 Lowest $ per share 14% 6% 13 i 100 STOCKS Year 1949 t per share 31,800 25% Feb 7 9% Jan 7% 10% 90 24% Mar 27 11% Mar 7% 11% preferred _L——100 13 139% Jan 7% 26% 11 Jan 7% 10% 17 20 Dec 7% *25% ■26% Feb 2% Jan 33% 7% 7%. Bendix Home Appliances. 33 %c Beneficial Indus Loan common___10 112% Feb 36 7% 7% , 4 6 26% Apr 6% 12% 40% .1 Oct 6% 12% 5 12 2% July 6% *12% 11% Mar 6 27% 6% Bendix Aviation 12 1,200 12% 4 Jan 86 4%% 10 200 v 6% 10% 50 Bell & Howell Co common 3 114 420 12% 43% Mar 4 25% Jan - Apr ,260 > 6% 11% preferred—-No par pfd_„ 100 conv 15% 101 % 12% 10% i (AS) 4%% Beech Aircraft Corp *14% 112% 101% 6% 7% convertible preferred——100 div i 15% 112% 101% 12% 11% . Eeaunit Mills Inc $1.25 *15% * 7% 112% 9.000 6% *14% Corp Beck Shoe 16 7% 43% 12% 1 Beatrice Foods Co common 3%% 7% 22% 13 Bayuk Cigars Inc— 7 7% 114 *18 100 ... Convertible 5% preferred Barber Oil Corp (Delaware)— Barker Brothers common 26 21% 43% 6% 3 common preferred Bangor & Aroostook common 4 Vz% *17% IV* 44% non-cum Range for Previous Lowest „ Inc. *112% 21% Nopar 9 4 106% Jan 1% Apr Dec 23% (B T) 52 43 12% 5\ common 2 10 Feb 34% Jan Dec 6% Feb (The) preferred conv Belding-Heminway -r— Bell Aircraft Corp™ Oct 1% 15% 15 % Jan Jun 500 *15% *18 5c Eeech-Nut Packing Co- 85 100 . 15% *15% ($1.20) Beech Creek RR— 11% Jun 4,900 80 93 '15% Nopar prior pref 9% Jan 26 *78 *90 7% Bath Iron Works 15 44 80 7% 52 7% Barnsdall Oil Co— 1 91 43% *78 7% xll2% 114 No par 34% Jan 12% Feb 90% 44 7 % *51% „_100' Nichols common 32% Feb Jun 90% 460 7 16% 77% *88% 43 400 1,900 1 19% 12 Feb .47% *18% Mar 14 10% 47% *112% 7% Feb 3 47% 18% 29% Jan 13% Jan 47% 112% 32% Feb 48% 106% 18 % 2 16 13% *106 112% 30 Jun 13i/a * *112% 85% Feb 11% 13% r77% V.- 90 111 106 13 47% 78% 42 13,700 110 106 13 114 23% Jan 31 "76 90 *112% No par 6 Feb 77% 90 42 112 112'% 106 54% 3 Mar "76 *89 110 111 % 105% * 54 74 7 47% - 1,100 53% 20% Jan Jan 13 57 52% 3 21% Jan 13% 130 360 57 52% 6 103 %• Mar 105% 13 ,; 47% 57 52% 13% Jan 9 112% 105% 13 47% 57 ;.:■■ 52 21% Dec 86% Nov 10% Jan 30% Jun 23% Feb no 106% 12% 46% No par 34% Mar 15% Mar 25 109% a 10%>>. 57 : 6,300 98 6,400 57% Feb 3 57 15% 106% 25% 4% 26 Jan 56% 106 *97% 25 20% Mar Apr;'5 Dec 20% 39 .98% 57 15% „106% 25% Baltimore & Ohio 8 Mar 106 % "97% 24% $2.25 6 20%. Feb 15%; 107 "r%. 99 * 57 500 112% Avco Mfg Corp 5 51 % Apr 15% 107 :.>>/ .98 200 FRIDAY 9% 101% 'Conv 22% Jan 23 3 : 15% 15% ' 99% 100 , -sVGOOD 15% 9% 99% *105% Austin 3 16% Jan 36% Jan Jan 15% 114% *15 10 24% Babbitt Jan 15 107. -107 114% 15% 540 113 Ealdwin Locomotive Works 72 113% 10 330 3,900 CLOSED 101% 4 3 113% *15 EXCHANGE 24% 16 3 113% 52% 102% 101% 25 15 113 . 102% 112% 13% Feb Feb 113% ..;. : 52 99% 56% i p6.i 24% 15% Jan 14 J 101% v.:' 113 12% Apr 23% Apr 3 17% Feb 72 15 Feb 9% Jan 18% Feb 25 Jun 9% Mar 27 9% Mar 27 v. 53 38 39% Mar 14 15% 107 51% 102% STOCK 101% _ 16 xl3 15 convertible preferred Atlas Tack Corp 16 46% Feb 10 51% 101 51 V 100% Automatic Canteen Co of Amer *4 15% 10 51 101% 101 "113 510 80'. x24% Autocar Co 5% Jan 15% 10 52 80 24% 12 37% Jan 16 9% 50% 80 102% 10 Jan *15% 10 80 114% 7% Jan Jan 80% 13,500 24 % 14% Jan 7% *79% 80 17,000 8% 102% 3 44% 8-/4 16 50% *99 5 12 Jun 8% *113% series 4% 3 Jun 8% A__100 preferred conv 28 4% 8% 41% Feb 34 % 97% 99 8% Shares 33% Preferred $3.75 series B—.—100 16 8% Mar 25 33 97% 114 *106% 100 Atlas Corp Atlas Powder common 3 Feb 33% 97% ■ 25 4% , 112% Mar 30 25 32% *9% W I SS Lines common—1> preferred Refining common 33% 98% 102%' .No par non-cum Atlantic ,7 55% Feb 25 15 27 Feb 25% Feb 2 % ,Jan 7% Sep 15% Dec *5% Apr 5 45% Mar 24 51% Mar'25 Dec Jun Nov Atl G & 91 * . Sales tor the Week t per share 98% *15% —100 Atlantic Coast Line RR Mar 23 112% 15 4% 80 13 24 110 10% 28 Jan 36% Jan preferred!-—— 80 t per share 32% ' >,: 8% *113% Investment Co_i___,__10 Atch Topeka & Santa Pe com—100 V 5% non-cum preferred _—100 A T F Inc——10, '6 Dec Feb 4% • 2nd 81 Friday ■•■'■/Apr.-7 Apr.(j I per share 50% *101% Associates 48% Mar 27 42% >13 f. Feb 1% 2 14% Feb *79 Carpet Co Inc No par Associated Dry Goods common^—l 6% 1st preferred ...—100 30 4 13 Mar Apr 32% Jun 100 8% 9 101% ■ 8% 9 109 58 8% 9 Apr Feb 102 5 com Jan Apr Jun 99 17% Jan 87 Jun 33% 12% Jan 95 Jan 31% 98% 4 15 42 31% 97% Thursday Apr. 5 t per share ■ 31% 10 Sep 93% Illinois t per share 97% Mar 10 Jan 20 of Co PRICES Wednesday Apr. 4 lo Feb 15 Dec 15% Mar 13 Mar 23 & Tuesday Apr. 3 100 9% Jan Jan 111 13% _ Armour SALE HIGH AND Monday Apr. 1 t per share $6 conv prior preferred No par Armstrong Cork Co com No par $3.75 preferred No par $4 convertible preferred—No par Arnold Constable Corp___. Li.—5 16% Jun Corp common convertible preferred 4%% 52% Mar 23 7% July 106 30 13 11% Feb 30% Jun Armco Steel 1 27 48 13% Mar 10% Saturday ' Par 4 13 Oct 114 ' : LOW STOCK EXCHANGE - 99% Feb 3 7% Jan ,69 Jan Dec 49% Jun 13 Jan NEW YORK J per share g per share Sper share - ' • STOCKS Range Since Jan. 1 Lowest Highest Year 1949 Lowest ' ■ Monday,, April 10, 1950 RECORD ■ ^ CHRONICLE Thursday Apr. 6 Apr. 5 t per share $ per share Friday Sales tot the Week Apr. 7 < per share $ per share Shares 22% Jun 30% Jan 29% Feb 3 10% Jun Black & Decker Mfg Co Nov 14% Jan 13 No par 27 15% 15% Mar 27 27% 27% 28 4 Blaw-Knox Co 28 28 28 500 Jun 14% Dec No par 28% 8% 12% Feb 14% 28 14% Jan 7 5 14% 14% 14%, 14% 14% 14% 14% 14% 1 14% 12% 12% 3,700 12% 13 12% 12% 12% 2.50 12% 12% 12% *14% 15% *14% 15 15% 15% 14% 5 14% *14% 15% 26% STOCK 27% 27% 27% 27% 28% 5 27% 28% 27 % ' 28% EXCHANGE 24% 24% 24% 24% 25 25% 25% 25% 25% 25% CLOSED 55 55 % 54% 55% 54% 55% 20% 20% 20% 20% 20% 20% GOOD 13% 14% 13% 14% 13% 14% FRIDAY . 9% Jun 15 26 Va Mar 31 Dec 13% Jan" 4 17% Jun 25% Mar 22% Jan 21 27 50 Aug Jan 64 Jan 3 52% Feb 18% Feb Aug 13% Nov 32% 19% July 48 Va J an 42 % Apr 91% May 1% Mar 59% Dec 98% Dec 26 Jun ,6% 2% Jun 38 Jan 'Dec 55 x24% Jan 12 Jun- 32 Jun 29% NOV 18% Jan 33 105% Jan 28 39 9 Jan 12% 3^ Dec 11% Jan 13 14 Dec 36% Mar 2 .40 Jan Jun 24 Dec 13% Jun 19% Dec 120 7% Feb Jun 125 13% 61% July 76 26% 35% Jun 6 13 95 102% 7 29% Jan Dec 100 Feb 16 21% Apr ,3 18Va Jan. 123 Sep Jan 73 103% Jan Mar 20 11 27 124 Feb 2 Dec ,12% Jan 3 Oct 74% Jan 3 34% Jan 4 .-39% Jan 24 '1% 12% Feb 18% Dec 36 Jan 31% Feb, 21 13% Apr 77 May 19% Dec 17 % Mar 30 95 Nov 70 Va Jun 91 73 Apr 14% Mar 22 . 17% Jan. 13 * Budd (The) Co Bulova 94 ; Jan 4 100 Dec 80 Mar 29 89 84 Dec 82% Jan 18 16% Jan 13% Jan 3 ... ' , 91 Mar Jan - 2 conv 23% common 7 Jun r97% Jun "6 fa 60 9 122 May 8 Dec Jun 11% Dec Jun 82 Mar 31 117 Feb : 3 Feb 17 Jun 98% Jun 20 % 30.' Jun Feb 4% Mar 24% 105 13 26% -3% Jan 19 Jan Dec 36% Dec 62 May 58 Apr 1 Jun 2 22 OCt .3% Jun 16% Jun 9% Jan 98 Sep 35% Jun 5% 22% 12% 16% Jan 21 10% Jun 15% 40% Jan Feb 109 % Mar 41 51 - 53 May 10 Mar 30 5 Jan 8 4> Feb'28 18% Apr 3 10% Jan 101 3 Jan 40 Jan 4 5 24%.Jan 5 105% Jan 1007 .24 - Jan 14 -40% Mar 21 55 - Jan 26 1% Jan 10 4% Jan " 7 >22% Feb .6 12% Feb 24 106 ! ^43 Feb 28 Mar 20 18% Mar 14 20% Feb 15 13% Mar 30 '15% Feb 18 43% Apr , 3 16% Dec 15% Jan 56% Nov 54% Mar 31 9ya Oct For footnotes see page 22. 8% Jan 19 J3 150% Feb 17% Jan '56% Jan 12» Feb ' 1 * 9 t 9 18 Byers Co 7% (A M) common. Byron Jackson Co *5% preferred A ____ $4.25 conv preferred Canada 'Southern Ry Co Canadian Breweries Ltd.: Canadian Pacific Ry Cannon Mills a Capital Admin class A - $3 preferred A Capital Airlines No par 100 Inc. 10% 102 41% 22 18% 18% 18% 18% 18% 123 ' " 14 *36% 12334 : 14% 76% 37% 14 *36% 14% 76% *36% 37% • 200 19% 32% 17% 18 17% 18 17% 18 97% -98 : >97% 98 >85 90 V 85 ' 81 81 90 >85 . 90 15 V* ; , -15% 8% *117 15% 8% ; . *85 8% " : 8%1 119 10 - 119% 10 10 % 98%" *80% : 15% 119 9% ■>> 74 "85 ' 90 .: " 15 '15 % : 8% 74 >-•■? 75 - 4% 4% 4% 20% 20% 104% *103% 104% 20% *103% 22% 22% 22% *22% > 37% 38% 23 • 39 38% 13,000 8% 75 4% 100 > 118% " 10% 1,700 90 4,400 , 1,100 75%. 4% 20% 104%. *103% 104% 22% 22% ' 4% 20% 8,800 150 15% *8% 75 20% 400 ■* 118% 10 4% 500 ■> 8% 10%. 19% *37% 15 fa 75 76" > *80% 10 *103% 37 , 119% 119 ' :0 W *97% ' > 22,800 37% ' 17% 81 22% 4%20 V2 3,700 2,000 700 39 vf.y *38% 39 53% *53 53% 60 1% 15,700 4% 4,500 1,200 * 19% 18% /; Ufa 103% 44 70 124. 14 fa 76% , 19 fa *85 19 *123 . 76%" 6,800 *32% *78% 14% 124 14% *76% . 10 1,400 ^ 19 99 41% 300 38 103 22 4% ' *37% *102% 22 76% 11 103% - 53% > *53 53% *53 l%- 1% 1% 1% 1% 4% 4 4% 4% 4% 4% 19% 19% 11% 19% 11% 103% *103% *41 42 *18% 19 14% 4 1% 14% 7 ' ' 19% 42 19 19 14 3a 14% 43% 44% 45 43"8 16% *16% 16% *16 *55 55% *55 'llfa 11 11% 11% ' 19% 193a 700 11% 11% 11% 22,700 103% 103 Va 103 % 41 41 42 90 42 40 *18% 19% *18% 19% 100 14% ' 55% 19% 11% 103% 11% 106 '*41 - *15%» 11 37% 103 21% 18% *54% !• *37 *102% '33 4 *43% 1 37% 100 33 4 14% 1 6,200 *19 ' 1% *18% 10 5,200 13 19% ■ 53% .Nopar 41 fa 12% 33% 1% 25 40% 13% 19% 53% *18% u 41% *32% 4 * 1,600 16,400 24%^ 32% 1% v 28% 13 19% 104% 22% 37 24% 17% : 19% : *53 28% . 22 ' 74 *22% 31% 28% 32% 15% 4% 32% 5,200 41% 81 *103% 19,600 101% *97% 8 9% 103 ' 123 19 80 9 % . 24% 9% 28% ;ioo% 14% 37% 700 7,100 8% 9% 24 , *27®a - 32 ■; 28% - 36% 36 101% 90 8%.' No par common 19 :■■" 8% 6,300 101% lie *36 % > 19 v 7,400 13% 22 124 13% *76% 38 74 1 18% *123 14 78 - 119 50' Copper 5 Campbell W & C Foundry ..No par Canada Dry Ginger Ale com—1.66%' 18% 3% 7,100 51% 42% *102% .'/>> -100 /> 3Va 3% 8% 31% 101 *37 22 18% ■■:> 10 California Packing 'common—No par 37 103 21% 124 10 No par Callahan Zinc-Lead Calumet & Hecla Cons 37 *102% 22 *117 - .Nopar. 100 37% 102% 15% > 15 participating 'preferred .24% 13 *78% >85 preferred__100 i 23% 23% ->v 42 *32%' '33% 17% 17% *97% : 99 1 preferred -I———.—.100 Butte Copper & Zinc 5 28% 13% *36% 19 > :> 4%% 24 . Oct Dec Bush Term Bldg 7% 28% 42 V* 59% 98% 27% ,, 31% *100% 50% 98% 27% 9% 24 23% 13 13%' 3%% preferred i.100 Burroughs Adding Machine..No par Bush. Terminal 1: 1 Butler Bros common... 9 220 390 •4,300 59 V* 8% 31% 42 V8 *76% . 2 Dec 12% Mar Mar 23 Feb 4% Feb 24 5 1% Feb 50 5% Feb 11% Jan *77 7 13 • Mar 29 34% Feb Jan Jan - 102% Feb Jan 9% Jan • 5 123%Mar' 9 ; Mar 30 9% Jan 69% Mar 1 * 15% Mar 29 9% 28% ' 5 9 200 2,400 59 36% *36 27% 2,700 14,500 51% 3% 31% 13% 18% —— 13% Jun 8% 31 42% *123 —.100 2nd preferred 8% 27% 101% 22 1* z. 9 27% *100% 102% No par. common 36% 13% '..No par^ I 36% *27 98% 58% *98 3% 42%' 5 ' & 2% 100% *37 No par " 59% 98% 36% *27% 51 51% 59 2% 8% - 24 100% .No par„ No par watch Co Inc.i— "3%% 28% i 1 Burlington Mills Corp 4% preferred 9 Mar 23 31% 28'% 100 Bullard Co. 10 9% 31% - 50 % *98 59% '98 r 2%" *36, 27% 8% Forge Co 20% Mar 25 20% Jan 27% 15 $5 preferred Buffalo 36% Jan .11 . >8% 15 No par 1 .No par; i 2% 98 ' 50% 58% - . 36% preferred 79% Mar 27 Dec 29% Jun *2% 50% 58% 97% *8% Bigelow $3.60 preferred 50% 58% 100 Brunswick-Efllke-Collender Bucyrus Erie Co common 14 36% Brown Shoe Co Inc common 24 25% Feb 20% Jan , 3 & 20% 13%, 5 preferred Brooklyn Union Gas.i.— Brown 55% 20% 13% 2.50 •3% % 7 > Mar 54% 20% 97% Briggs Manufacturing Corp..No par Briggs & Stratton... ..No par Bristol-Myers Co common 2.50 105% Jan 18 43% Mar 29 1 Jan 15% Bearing Co Airways Inc Brewing Corp. of America Bridgeport Brass Co 3 29% Jan 23% Mar 24 Roller > 55% 13% 50% 5 100,? Braniff 9% Apr 6 ,32% Mar 23 13 100 Va Apr Dec 40 32% Mar 14 Jan Dec ' 29% Mar Jan 27% Feb 15 1 pteferred Bower 18 27% Apr. 1 7%-Mar 10 • Boston & Maine RR (assented)—100 9%NFeb 20% Oct 3%% . 20% *55 1 4 14 21% . ' 3% Apr . 7% Feb Jan .No par No par (The) Borg-Warner Corp common Jan V 9 8% Mar Apr Jan Apr" 60% Mar 17 100 9 9% : Borden Co 38% Jan 47% Brass Bond Stores Inc 24 Jan 98 Class B 9 4 x34% Feb Jun & Bon Ami Co class A_ 16% Jan Dec 6% Aluminum 51% 1 1% Jan 80 Bohn 10 15 Jan 25 % 25% Feb Boeing Airplane Co 5 Jan 9 97% Apr Bliss & Laughlin Inc. 6 Jan 60 13% Mar 28 51 — 29% Mar 18 18 Mar 13 ; _. (E W) Co 27 21 38% Mar 4 , 16 22% Mar 25 Aug Bliss 14% 14% 14% 30,800 44% 46% ' 16% 16 % 55% >54% 11% 11 > 16 % 56 11% 45% 46% 16% 56 - 1,000 > .17 *54% 11% 11% 500 • -'J 9,300 Volume ' Number 4897 171 Range for Previous $ per share 100 Range Since t per share Jun Jan i"' 11 26% Jan 33 £)ec 31% Jan 13 25% Jun 35% Jan 30% Jan 3 12% Jun IS % 30% Mar 6 Jun 131 Jan 26% Jun Clinch & Ohio Carolina Power & Light 33% Jan 31 Carpenter Steel Co 19% Jan 16 Carrier Corp common.; 38 Jan 6 38% Jan 140 14 2 48% Jan 13 Jari 8% Feb 24 Jan 3 32% Jan 27 104% Dec xl04% Jan 18 34% Dec 29% Mar 21 106 • 104% Jan 3 Dec 130% Jan 13 140 26% Jan 18% Mar 31 21 15% Jun 18% Jan 14% Jun 17 Jan 7% May Jun 12% xl7 6 Jan Jan 17% Jan 4 15 3 «9% Jan 11% Mar 3 5% , Central 36% Dec 35% Jan Jan 112% Dec 110%vFeb 9 Feb Oct *9% Jan 25 11% Apr 4 12% Jan 26 14%Jan 30 14% Jan 13 -16% Mar 38 % Feb 10 113 - 2 4%% Ga Dec 14% Oct 10% Jun 14% Dec 9% Feb 13% Oct 12% Jan 6% July 14% July 8% Dec ; 3 •8% Jan 21% Jan 17% Mar 30 ,21% Jan 7 Cerro de 16% Dec 15 13 18% Feb 3 Certain-teed 9% Jun < 22% July 18% Jun 5% Aug Nov 27% Apr 4 31 Jan 30% Jan 3 35 Feb 5 104 9% •7% Mar 29 Dec 28% Jan 24 Jan 4 Nov 34% Jan 28 Feb 15 85 Feb 80 Feb ' 15 3% Jun 8 Jun 12 May 9% Jan 3 9 Feb 14 Dec 12% Jan 13 7 */4 Feb 13% Dec 11% Jan 13 12% Jun 20% Nov 19% Jan 5 % Jun 10 3 Jun 'A 5% 9% 4% Feb Jan * Jan 5% 8% Jan 34% 15 Dec 30 Apr 30% Jan •... 6% Feb 12% Feb 15 Apr 24 Jan 5 5% Feb 13 8% Feb 3 35% Feb 1 20 4 Jun 15 Jan 3 15% Feb 24 Dec 36% Jan 27% Jan 3 Jun 29 % Mar 26% Jan 25 49 J/4 Jun 55% 25Va Jun 56% Jun-s, 10 11 Jan 30% Mar 41. Va Dec 39% Jan 13 46% Feb 82 Dec 79 Jan 14 12 Jan 30 $ per share xl3 2 $ per share $ per share 35 Jan 13% Jan 4 Jan 3% Feb 14 Jan 45% Jan 3 30% Dec 36 Jan 30% Jan 5 Jun 68% Dec 62% Jan 13 68% Jan Apr 32% Sep 30 Jan 4 34% Feb convertible Rock Is \i Mar 27 97% X20 Jan 105~% 103% Jan Sep 4 1 f09% & Feb 29% Dec 26 Jan 24 29 59% Dec 58 Jan 33 Feb 8% Dec 6% Apr 1 8% Jan YORK Oil Cotton Co Chrysler 61% Dec 36% Dec Mar 10 24 Rights 3 _— City Stores Claik Mar 30 3 $4.50 9 18 Feb 62% Jan 3 72 37 Jan 4 43 12% Jan 3 14% Feb Jun 35 Va Dec 32% Jan 13 5% Mar 14 Jan *27 105% Dec 3% July 5% Jan Jun 30% Feb 21% 133 Dec 17% ' 17% 173'a 8% Cleve 27% r 9% 4% 9 5 7% 8% 28% 29% 54 Pitts 64 July Jan 3,i Feb 12% 100 .7 RR gtd 4% 5% 53% Jan 21 Dec 42% Jan 3 Dec 97% Mar 22 55 3 17% Jun 5 43/4 8 8 8% 29 30% Class 16% Feb 15 Jan 13 27 Mar 26,700 11,800 14% y 15% 14% 15% 15 31% 32 Ve 31% 31% 31% 28% 28% *28 J/4 28% 28 % 28% ♦54% "55% *54Va 55% *54% 55% 100 43% 42 Va 43 42% 43% ,8.500 *83 Va 85 84% 85 *13 13% 1,000 : 100 100 *13 13 % *12% '• .85 13 15 % Monday Apr. 8 t per share *13 Tuesday 17% *16% $ per share 173/4 *16% • 4 52% *30 Wednesday Apr. 5 Apr. 4 S per share *17% 17% T% 4 52 32 S per *30 52% 32 Apr. 6 17% 17% 4 4 52% Thursday $ per share, share 4 52% 32 *30 *51 7% !l 28% 28% 28% 28% 28 % 28% 28% 28 62% 63% 63 Va 63% 63Ve 643/4 64% 6% 6% 7 *86 89 *33% 33% 108% 6% *86 ' *86 18% 18% 24% * 18% 24% 24% *120 *72 75 45% 45% '*109% li0% 27%, 35% ,*106 33% *18Va 18% 400 25% 25 3/a 900 18 Ve 18% 181/2 18% 25 25 25 *120 170 *125 170 75 *72 72 *72 27% 27% 75 46 <46 V4 46 *110 110% 28Ve 28% 108 *1061/2 1071/2 71 *70 3% 71% *70% 4134 41% *40 41% 13% 13% 35% 35% 4% 4% 22% 22% 139 78 *77 156% No par No par j— 34 *1220 43% non-cum 28 5,100 « . 28 *106% 20 1,800 107% "20 711/4 71% 71% 41% 41% *40% 41% 50 13 Ve 13% 13 Va 13% 6,500 353/8 35% 35% 35% 35% 35% 2,000 106% 106% 106'A 1063/4 106% . 4%. 54 4% 4% 22 V8 107 5,200 2,700 *138 139 *138 139 78% *77 78 *77 78 156 Va 156 Va 156 156 139 54Ve 54Ve 54Ve *1220 __ 44 154% 54 54 Ve *1220 „ 44% 10 200 155% 1,000 54 Ve 680 *1200 44 45 580 4% 22% 4 22% 78% 156 < 3/8 22% 4% 22% *138% 54 43% 4% 22 Va 22% 44% 45 *QQ 45 1,600 No par 99% *99 99% *99 99% 17 17 16% 17 17 7:17% *17 17% 16% 17 1,300 14% 16% 15 14% 15% 15 151/4 15 15 153/4 8,900 163/4 1,800 100 22% 23% 24V2 *24 24V2 100 25 25 *24% 25% *25 25% *25 25% *24% 25 .*23% 24% *23% 24% *23% <.172 *23% AO 72 24% 61- *23% 24% 35% ''65% 35 35% 35% 36V4 35% 35% 36 % 35% non-cum 4% 4 6 3% 110 13% 78% *1220 _. 43% 99% ~Io 75 Va 13'/4 35% 139 *155% 54 900 —No par No par .20 Corp Southern Ry com 1st preferred 4% 156% - 106% 106 4% 22 % 139 33% 170 110 46 *106 % 71 72 : 109% 28% 27% 103 78 89 *125 * *138 *87 25 45% 100 2,900 33% 109% —100 7% 89 45% ! 105% 1,200 8,300 33% 110% *106% FRIDAY *87 13% - :t 250 GOOD *33% 45% 41% 7% 7Ve 108 • *72 72 13% 1073/4 89,7 , *109% 27% 108 7 7.; 108 170 *120 5 170 108 33% 33% *18% 108 6% 89 33% *24 *70% *40% — 21,200 65 No par preferred (The) com 43,400 46,400 -At 28 63% *106% —100 CLOSED 1 63 50 _50 pfd 190 - EXCHANGE 33% 28% 1 conv 100 6,700 - 67% . 108% No par gtd 108% 108% Shares 'STOCK 32 rl the Week share 52 Va *30 is Sales; for Friday Apr. 7 $ per 4 Va 108% 5 700 -17% .•* IS 100 5,000 , 13 %' % No par 13,600 31% , LOW AND HIGH SALE PRICES Saturday 1 & 5,400 8% 30% vli stock A Colorado 43% 8 43/4 15% . Co $3.50 preferred & Aikman 4 2,100 30 4% 30" 33% Inc Co 2,700 28% Corp No par Colgate-Palmolive-Peet com..No par 18% Jan 12 25% Mar 23 13 16 . 8% 29% ,1,000 ; V. 57,100 32 Colo Fuel & Iron Corp com 5?o conv preferred 16% Jan 5% 663/4 Collins Jan 3,700 66% 9 Dec 5,400 9% 33V4 11 Dec 273/4 9 3% 64% 20 17% 27% 9% 32% Jan 19% 27% 66% 19% Jan 17% 27% 9% / 32% 17% Jan Jun 17% 65 13 Jun 17% 32% 14% Mar 30 8 V4 17% 66 % 16% Jan 7% 15 14% Coca-Cola Tnterriatl 46% Mar 16 100 11% 14% 32% 19 Jan ;53/4 11% 14% 32% Peabody & Co com Coca-Cola 3 Mar 5% 11% 64% 7% preferred 4% cum 2nd 8 Jan cum 300 , 11% 32% 17% Jan Jun 15 Cluett Jan 43 Va 81% Mar 165 85 25,500 700 28% 32 Clopay Corp 18 1075 Jan Feb 89 4%% 5 Feb 6 Nov x 13 112% Mar 16 143 5 154% Apr 85 30 31% , 100 Foods Mar 30 77% Jan Sep 85% 2,700 283% 14% 5 Clinton 11 Sep 172 8 3/a 28 >29 Xl4% 9% 4% 7% 29% *30 preferred & 4% 27 51% Co 37% Mar 15 Jan 8% 30 28% 28 Illuminating cojp_.No par preferred —Nopar Special '■> 52 Molybdenum 5% Jan 8% ,1,700 85% 6 200 * 33 105 31% No par Climax 27 28% 32% *103 30 17% 27% *27% <32% 105 28% 15 *50% — 10 Mar 27 Jan Jun 29% - 82% Nov 1075 138 13 Mar 22 4 22 141% July 70% Xl24J/z Jan 101 • 28 32% 400 2,800 ,6,900 ; 14% ' 101% 17 3/a . * 24% 17% 12 Va 7% Cleve Graph Bronze Co common—_l Mar 25 Jan 15 Va ,17% 5/000 28 Cleve Elec 4 73 16% , 00 . 30% 20 C C C & St Louis Ry Co com.—100 5% non-cum preferred 100 46% Feb 43 53/4 14% 3% Equipment Co 112% Mar 10% Aug 183/4 85%', 11% 4 C I T Financial Corp..: 10 29% Jan 4% 4% preferred —100 Cincinnati Milling Machine Co _10 14 107% Jan 18% 64% 16 27 18% 32% 16% Feb 106% Feb 18% 64% 24 Dec X85% ' 6 28% . 25 Oct Aug 3,900 73/4 com.—8.50 Elec & Jan 28 % 14,700 17% .73/4 2,000 '*111% 111% 25 Gas 19% 108 15% 17% 8Va 14% 3% Corp Cincinnati 30% Jan 15% 7% 29% 12 100 Jun Jun 15% ,<17% *7% * 28% ' 28 3/4 t 14 *16% preferred—? 20% 20% 6 . 500 *103 11% V 10 19% Mar 105 6 —.——1 comipon Jun 72 6 86% 7 13% 33 Ve 7% 28% 86% 13% . 104 29% 29%' 28% Apr. 1 16 3 8 *28% 87 *86% 27% 32% v -v' City Investing Co common 5%% preferred 17 27% 29% 14 17% 17% *103 28% 11 -18% 16% 33 ■*7% 7% 18 Va 104 10% 15% 17% 7% 27% ■323/4 *102% 10% -15% 17% ' . 18% 16% 27% 33% 28 , City Products Corp Mar 30 16% 28% *33 7 37% 111% 10% *13% 153% 17% 18 16% *27%" : Mar 15 72 18 . 15% 7 37% par STOCK Mar 22 43% Jan 109% Jan 7 13 34 Dec 16% No par 88 Jun 15% 17%' 7% 13% ; Cab 3 Mar 15% 17% *6% 18 1,400 *111% , 14 85. 13 85 15% 17% '*13% 85 Jan 43 % 14 '85 31% Jan 112% 14 84% A 82 Oct 13% 84% series Sep Nov 13 37 Va 43 Dec 36% Mar 11% 43% 86 67 111% 11% 37 43 34% 108 111% 11% 42% Jun Jan 37% 111% 11 41% Jan 28 371/4 37 111 RR CO—No par 79% Mar 11 37 4% 11 55 s/8 25 c 2,800 55% Chile Copper Co 68% Mar 22 6% 1,700 10% " 36% Par 5% % 6 Feb 41/4 16% 10% EXCHANGE Childs 4 Jan 4V4 16 3/a 10% 55% Pac Yellow Chickasha Mar 16 42J/2 4% 16% *54% . Jan 16 Mar 4% preference—No par preferred Chicago 100 100 preferred Conv 24 34 2,300 23,000 17 Va 16% 9% Chic 5 26% 17% IIV4 XlOVa 26% $3 18% Feb 44 J/a 17% 10 % *17% 10% 9% 55% Mar 21 60 17% 10% .1634 26% 5% 24 4% Mar 13 Jun 17 Va 10% , 4Va 9% $ per share 5% ;*17% i73/e 17% 10% 25% NEW 16% 17% 17% 10% * 10% 16% 17% , Jun *17 S - 10% 112% 100 Chicago & North West com—No 3 Jun J/a 17% 800 4% 17% Highest ; 4,100 10% 14% Range Since Jan. 1 Lowest Highest 19 Ve 18% 16% 11% STOCKS Year 1949 19 I8%t 4% 14% Range for Prerious Lowest 160 18% 10% Chicago Pneumat Tool com—No par 13% Mar 28 17 137 Va 10% 11% 88% Mar 17 13% Nov May 53% Jan 105% *137 16% *28% x56 % Mar 15 Dec *105 137 36% Chic Milw St Paul & p vtc—No par Series A preferred vtc 100 4 14,100 105% 4% 8 32 % Mar 23 213/4 32 Va 105 10% 5% preferred 50 Chic Ind & Louisv Ry Co cl A—_25 Class B No par 18 7% Jan 27% Mar 30 3lVa 100 135% ' 18 4,900 105 Va *111% > 23 10% Feb 80 FRIDAY 106 16% Chicago Corp (The„ i Chicago Great West "By Co com—50 4 3,100 GOOD 4% No par preferred - 36 Va 36% *105 313/4 1,400 43 153 % 135% *' *7% convertible 31 Va 4,300 CLOSED 16% Chic & East 111 RR Co com—No par Class A. —40 24 28% Feb 17 %17% 10% _1.25 3%% ' 4 3 5 '*17% 1 Mfg. 36% :: 106 STOCK EXCHANGE 8V4 42% 200 135% 19 5 i 17 Ve 38 8% "152% 36 2,200 Xl8% 17% ■ Copper Corp 16Va *363/4 8% 42% *105 50 Products 17% 38 152'/a J , 31% *105 10% 104 3 18% Mar 136% 17 % .50 Cab 31% 105 135 Chesapeake Corp of Virginia 5 Chesapeake & Ohio Ry common—25 5 12 86% Apr 105 136 *102% Checker 31% • 36 Ve 60 323/4 10%' Champion Paper & Fib com—No par $4.50 preferred _No par 10 3 7% Jan Jan Jun Jun 4% 17 •> 9% Jan 30% 32% 42% 106 100 ; Chain Belt Co 30% 36 , 106 10% & South West Corp com__5 Violeta Sugar Co 9.50 Century Ribbon Mills _No par Mar 10 36% 106 17% Central 6 Jan 98 35% *105 Shares 105% 33 152 Va ( the Week $ per share 33 8% 42% 153 % '*17% J100 B Pasco 421/4 *152% 18% Central 11 Dec Nov , ' 3 31% 98% Dec • 17% July 27 77 ; ' Jan 1 19% Mar 23 31% Jun 91 3 1 Apr *36% 8% Sper share 105 V• 33 16% 17% 38 42% share Sales for Friday Apr. 7 33 Ve *32% 153% 18% No par preferred 12 7 8% 105 v 18% 1 Central RR Co Of N J class A Class 16% *36 % 8% 33 ' 5 Ry Co vtc preferred series B vtc 5% 16% 38% 36% -105 *135 100 Co 33 41% 106 30% Central Hudson G & E Corp—No par Central Illinois Light common • 27 11% Octv *36% *32% Apr. 6 106 X106 33 V8 153% 153% S per 107 33 8% Thursday Apr. 5 x33 16% ' 42 *105 *106 PRICES Wednesday 33% *36% - 8% 41% No par 20 li 10% Mar 29 38 *152% —10 Corp common; preferred 17% Jan 3 12 25 y of 104% 8 preferred Central Jan 8% 100 27 9% Jan Dec *36 % _1 4.20% 4% Jan Nov 16% 16% 50 100 3 33% *32% common Aguirre Sugar Foundry Coi_ 15 Jan 9% 30 17% Mar 21 11 % 32% common Central Jan 24 % 2nd Celotex 107 32 % 10 6 4 Jun 10 *106 33% Corp Apr Jan 6% Mar 7% 107 33% Celanese Corp of Amer com__No par 84.75 1st preferred —No par Mar 14 Jan Co Preferred 25 Dec 132% *106 33% series General preferred _i_ Caterpillar Tractor 9 107% Jan 105% I) (J 100 t per share No par -V ,7% 10 Jun 3 Mar 34% Feb Apr 13% Case 36% Mar 21 Sper share SALE Tuesday Apr. 4 * & (1469) Apr. 3 5 preferred 4% Carriers 153 % Mar 24 Dec Conv Ry Monday i $ per share Par 16% Mar 30 /-Nov Apr. ■ ;■%J'. Carolina x7% Mar 13 CHRONICLE LOW AND HIGH Saturday </*'•;/ Mar 28 Jun X114 share 37 % * 100% Aug 23% Apr 97 106 FINANCIAL STOCK 36 . 45% Nov 146 I $ per YORK EXCHANGE 34% Mar 16 Dec 37%, Sep 8% Nov Feb 30 102 NEW Highest * per share Feb 108 Jan. 1 Lowest Highest : & STOCKS i Year 1949 Lowest COMMERCIAL THE *99 16% 99% 163/B 16% 24 247,;. 16% 24% 14% 16% 16 3/8 16 3/8 16% 24 99% 50 24 240 100 ' 25% Mar 24 7% 16% Dec 15% Jan 13 17% Jun 29% Dec 28% Jan 3 16% Jun 23% Dec 28% Jan 13 37% Mar 27 9% 7% Jun 13 Dec 11% Feb 14 Columbia Gas 13% Oct 11% Mar 30 13% Apr 14% Feb 6 Feb 20 Columbia Pictures 48 V4 Mar > Jun 68% 32% Sep 61 66 14 Oct 30% Feb 26% Jun 18% Jun 21% Feb . Mar 24 15 38 Mar 27 Feb 34% Apr 22% Mar 22% Sep 20% Jan 4 27% Dec 24% Feb 17 27% Jan 57% Jan 16 Jan 19 Columbia Broad Class $4.25 2.50 System preferred Elec 35 35 351/4 35%, 35% 35% 35% 1,800 13% 13% 13% 13 Ve 13% 13% 13% 13% 13% 78,800 12 12% 12 12 11% 12 12 12% 63 *61 No par *60% 62% *61 33% 34 33% 34% 34 34% —5 21% 21% 21% 21% 21% 21 Ve 26% 26% 26% 26% 26% 26% 62% Co 6,509 12% 62% ..Nopar w w Co Ohio So 13% *12 1 35' 351/4 No par Carbon & *35 Inc.—No par common..No par 24% >61 >61 63 v 1,600 63 34% 34Va 34% 21%' 21% 21% 21% 3,300 26% 26% 263/4 27% 3,400 34% 8,400 Combustion Engineering 10 46% Feb 60% Dec Jan 107% Dec 64% Feb 112% Feb, 13% Jun 20% Dfec 15% Mar 30 21% Jan 3 25 Va Jan 30% Dec 29% Jan Superheater 6 95 33% Mar 16 105 13 ' 7% Jun 10% Aug 24% Jun 30% Nov 27 Jan 25% Feb 34% 29 Mar 23 Dec 9% Mar 31 3 2% Jun 4% Jan 3% Feb 15 21% Feb 29% Dec 27% Jan 3 Oct 107% Feb 8 Apr Sys Inc cl A —2.50 cum Columbus 6 preferred—.100 B Columbian 4 " XlOQ 2nd 109 Credit Commercial 3.60% 6 Inc 10 61% 62% 62 % 63 62% 63% 623/4 63 Va 19,400 100 rl07% 108% Nopar 16% 16% 16% 16% 16% 16% I6V4 16% 16% 16% 13,100 25 30% 31 30% 31 Va 30% 30% 307'a 30% 31 Ve 18.100 934 1,900 27% 27% 27 27% 1,100 29% 29% >29 29% 100 common preferred Commercial Solvents . Commonwealth Edison 11% Feb 3 30% Feb 6 Congoleum-Nairn Feb 6 32 Mar 16 109% Mar 18 108'/8 4,830 109 Nopar 9% 9% 9% 9% 93/4 —No par 27% 27% 27%* 27% 27% 27% Publishing Co Inc Cigar Nopar Consolidated Coppermines Corp 5 Consol Edison of N Y com—Nopar $5 preferred —. .Nopar 32% Mar 29 62 r 31% 9% Consolidated 41 Conde Nast Co. ' *29 3% 31% 30 3%: 31% *29% 30 *29 % 9% 30 9% 93/4 ' 3% 3% 3 3/a 3% 3% 3 % 6,500 31% 31% 31% 31% 31% 31% 31% 23,900 107% 107% 3% 3% -31% *108% 108% 108% 108% xl08% 108% 77% 77% 77% 773A 77% 77% 108 108 1,600 Cons Gas Elec Lt & Pwr Co rn Mar 31 25% Mar 31 114 Mar 30 107% Mar 29 Baltimore Apr 6 of 26% Apr 6 3 Common 78 115% Apr "when Preferred 4%% Preferred 107% Mar 29 4% issued".— series *114 ,*107 113/4 10% 10% 10% 44% 44% 445/e 45 44% 45% 44% 45V4 44% ,45% 5,800 10o 17% 17% 17% 18 17% I8V4 *17% 18% 17% 17% 1,700 1 11% 11% 11 Ve 11% 11 Va 11 Va 11% 11 11 Inc 10c *9% 9% 9% 9% 9% 9% 9% Consolidated Vultee Aircraft 1 12% 13% 13% 14% 143/a I43/4 14% 15 14% 15 79,200 35% 34% 35% 35 % 35% 35% 35% 353/a 353% 15,100 111% lll'/a 47% Feb 6 19% Jan 30 12% Jan 9 Consolidated Retail 8 12 Feb 6 Consolidated Textile Apr 5 36 May 10 % Jan 25 15 Jan 13 36 33 r 10 Consolidated Grocers Corp 28 Consolidated Mar 16 29% July 103% Apr 113% Dec 110% Mar 30 112% Jan Apr 110% Dec 108% Mar 24 111 Jan Jun 41% Dec 38% Jan 93 Jun Nov 101% Jan 11 13% Jan Consol : 4 27% 103 17 % X98 3 Dec 17 Jan 3 Dec 95% Jan 9 13 85 Jan 30% Jun 37% Dec 35% Jan Jun 1023/4 Dec 102 s/» Feb 95 • 6% Jun 9% Feb 78% Dec For footnotes see page 3 Mar 15 19% Jan 24 Jan 24 39% Feb 17 103 Jan 7 7 9% Jan 9 58% Mar 21 78% Jan 11 8% Feb Dec 56% • 106 22. Corp RR of Consumers Cuba 6% pfd Stores Power Co $4.50 preferred Co Inc % corn^.—No par *35 *110% Container Corp ' 4% Nopar of America com—20 preferred —.100 Baking Co com—No par preferred x —Nopar Inc common*—20 $3.75 preferred— Continental Diamond Continental Insurance Nopar Fibre— 5 111% 111 109% 109 109 413/4 42% *98% 1 11 111V4 109% 42 *103% 105 18 18% $5.50 Can 111 109% ■> Continental Continental 111% *109 *41% Nopar a $4.52 preferred 45% Mar 16 100 Laundries Consolidated Natural Gas 28 105% 20 11% 3 Apr 10% 1,000 10% 3 12% 12 12 13 Jun 120 108 10% Jan 8 7,900 115 *107 12 16% Jan 9% Mar 26% *114% 108 11% 42% Jan Dec 26 115% *107% 10% 46% Mar 10% 26 Va *114% 107% io3/4 21% Jun 26 26% 115 107% 11% 12% Jan 7% 26 115 108 10% 4 11 26 115% 11% 10% Apr Jan 114% 2,400 11% 11% Mar 30 Sep 12% Mar •26 V *107% 78 10% Jan 11% Jun 108 773/4 5 ——15 14% Feb Feb 25% 114% 7734 1.33% Jun 8 10 B_; 77% 12 11 11% 25% — 100 series C—100 14% Jan 38% Jun Nopar common 37 98% 37% *102% 103 V '♦1033/4 105 * 42% *103% 43% 105 *109 + 43% *103% 9% 109% 43% 105 9% 111% *109 43 Va *1033/4 • 1,100* 1,800 1,900 93/4 420 112 109% .'40 43 Ve 1,400 105 7,200 18% 17% 18 173/4 18 18% 183/4 98 3/4 98% 98% 99 VA 98 3/4 98 3/4 983/4 98% 310 363/4 *102% 37% 36 Va 373/8 37 37% 37 Ve 37% 6,100 102% *102% 18 ■ 8% 8% 8% 8% 8% *2% 62% 62% 62% 61% 103 8% 62 *102% 103 *102% 103 8% 9% 9% 9% 3,800 61 Va 613/4 60% 61% 2,100 13 14 THE (1470) COMMERCIAL Range Since Jan. 1 Year1949 Lowest Highest $ per share CHRONICLE STOCKS Range for Previous Lowest FINANCIAL & t per $ per share S per share 5% Jun 8% Jao 6% Jan 3 47% Feb 65% Oct 55% Jan 25 11% Jun 15% Jan 13% Jan 19% Jun 24% Dec NEW YORK LOW \ 8TOCK EXCHANGE Highest f Saturday - Par sharp t per share t per share t per share Continental Motors 1 6% 6% 6% Continental Oil of Delaware 5 61% 60% 61% 3 16% Feb Continental Steel 14 15% 61% 15% 15% 16 61 % 15% 23% Jan 4 26% Mar 14 5 24% 24 Jan 11 55% Mar 13 24 % 55% 24 54 24% *54% 12 Jan 17 12% 12% 14% Jan 3 15 % "48% 15 % 49 5 6% 7 51*72 July 55% May 9 Jun 12% 12 Jun 19% J«n 49 Dec 52 7 v ' Feb Feb 48% Mar 31 28 11 Mar 27 11% Dec 10% Jan 3 15 Dee 57% Jan 3 67% Mar 20 Apr 30% Dec 28% Jan 13 94 Jan 102% Dee 100 % Feb 92% Jan 102 Sep 100% Feb 57 Jan 171 % 189 Jan 21 % 21 101 % Jan 5 21 Apr 6 Jun Jun 72% Jan 4 % Jan 21 Oct 2 Jan b 32% Convertible nref 5% 6% Mar 6 Corning Glass Works 3%% preferred J Cum pfd 3%% 23 50 *54% 62% 15% 16 15% 16% 24 24% 24% 24% STOCK 551/2 12% 54% 54% EXCHANGE 12% 12 % 13 15% 15% 15% 15% 55% *54% 55% 13 *12% 13 15 % 49 *54% Y 15% *48 % A 49 49 *48% -i: *48% 49 14% *14% 14% 14% 14% 14% 13% 14% 14% 64 64 64% 64% 64% 64% 65 64% 6 35% 35% 35% 35% 35% 35% 35% 35% 35% 100% 100 % 100 *101% Corn Products Refining common__25 101 *100% 66 101 •100% *101% 102% 67% •101% 102% *101% 185 ; 67% 67% 81 184 184% *182% *5% 5% 5% 5% 5% 5% 5% 5% 1 25 Crane Co common 2% 2% 2% *-2% 2 % 2% *2% 2% 1 7,100 A " : 67% 66% 101 1 186 • A 102% 67 66% 66 185 *100% 102 102 102% 66 FRIDAY % 101 100 S9% Jan 20 1,900 GOOD 36% '>100% r; 15% 64 •- 100 Coty International Corp 1,400 1,600 ; " * 5 7% preferred Coty Inc 8,300 2 600 CLOSED I series of 1947 C2.400 61% 24% 15% Shares 7% 62 15% i the Week share 61% 15 *48% 7 %• J per 61% 13 „ 7% 7 Apr. 7 $ per share 20 common 25 *184 185% 560 3,800 • 10 50 Y. 2,600 184 % 170 5% 5% 1.700 2% 2% 1.700 184 / !>' ■ 26 % 26% 26% 27% 27% 27% 8 105 Jan 11 100 *102% 104% *102% 104 % *102% 103% 102% 102% *102% 104% 100 Jan 14% Nov 12% Jan 18 14 Jan 5 Creameries of America 1 13% 13i% 13% 13% 13% 13% 13% 13% 13% 13% 1,400 29% 28% Jan 2S 30% Mar 4 Cream 2 *28% 29% 29% 29 % 29 2)% *29 % 29% 29% 29% 600 6.800 Dec 104 101% Mar Dec 13% Oct 19% Jan 14 % Apr 36% Jan > 42% Apr 38 20 Jun 30 Deo 27% Jan 13 94 Mar 105 Dec 102% Jan 11 105 Feb 90 May 105 Mar 13 1 . 17% Jan 40 4 Apr 3 8 27 99% Dec 99% Jan 3 14 Nov 24 Jan 16% Jan 3 20% Jan 11 Nov 72% Jan 54 Mar 31 59% Jan 11 21 July 31 Api 20% Feb Jan 6 Dec 15% Jsn >4 12% 16% Feb 160 May .160 5% May % 28 9 19% Jan Feb 14 9% Jan 14 Feb 175 25 81 175 .* 3%% preferred of Wheat Corp (The) Crown Cork & Seal common 19 Jan 34% Mar 49 $2 2.50 ' No par ' $4.2o preferred $4 2nd preferred— 8% Mar 7% Jan 3 JaD 67% Jan 14 71 10% Nov 13% Feb 11% Feb 24 13% Jan 16 Feb 25% Dec 22% Mar 21 25% Jan 5 8% Oct 6 % Mar 30 Jan 9 Curtis Jun 145% Oct Jun 52% NOV Dec 9% Apr 109 43% •> 18% 133 24'/a Jun Mar 19% 55% Jan 28 i 9% Feb 10 7% Jan 20% Jan 15% Mar 24% Feb 3 Fen 21 22% Feb 17 125 Jan 7 Mar 31 49 Jan 26% 134% Mar 16 122% Jan Jan 137 Sep 8 10 Jan 20 138 14% 14% 14% 15 15% 15% 15% xl5 15% 38% 32% *38% 38"% 38 38 % 38 38 *38 38% 600 32'% 32% 32% 32% 32'/a 32% 32% 1.500 104% 104% 104% 104% 104% *104 104% *104 104% 240 104 *103 104 *103 104 Jan 96% Nov 96 Jan 12 98% Mar 22 14% Dec 13% Jan 25 15% Mar 15 Jan 17% May 15% Jan 3 Mar 22% 26 % Jan 31 92 Jan 98% 92% Jan 7% Jun 4% May 13 Mar 22 17% Feb 17 5 34% Mar 17 Dayton Power & Light 102% Mar 21 Dm 97% Jan 24 101% Apr 5 Nov 11% Jan 3 15% Feb 11 8% Jan 27 5 9% Jan 29 Jan 10 Jan series 5% Preferred 3.75% series 19 25% Mar 20 Mar 23 Deere & Co Jan 40% Jan 29% Jan ) 36 Mar Jan 8% Jan 3 10% Jan 17 Delaware Deo 21% Jan 19 23% Feb 14 ft Apr 6 Jun 30% Dec 26% Mar 10 31 53% Dec 46% Mar 13 57% Feb 27 12% Dec 14% Dec 12% Feb 15 13% Jan 20 Jan 23 % Sep 21% Jan 13 23% Mar Jun 58 Jan 53 50 4% 9% Jun Jun Jun 13% Nov 16% Jun 22% Nov 31% 10 x97 9 13% Jan 11 xl2% Jan 6 20% Jan 13 23 Mar 15 & Escrow ctfs for ctfs *16% 17% 17% 17% *16% 17% 22% 22% 33% *22% 33% 600 17% 23 23 22% 22% 33% 130 14%. *16% ■ 7,900 98 V 100 23% 1.900 33% 2,500 33% 33% 101 101 % *101 101% 100% 101 *100 101% 33% 33% • 70 100% 100% 100% *100% 100% 100% 101 % *100% 101% 70 14% 14% 14% 14% 14% 14% Xl4% 14% 14% 15% 4.800 8% 8% 8% 9 Vs e% 9% 8% 8% 8% *23% 24% 24 % 24% 33% 9% 13.50 *22% 24% "24% 46% 45% 46% 40% *35% 46% 35% 45% 35% 35% 35% 36 36 33% 34% 33% 34% 33% 33% 33 33% 3,100 9% 9% 9% 9% 9% 9% 9% 13,600 22% 22% 22 % 22 % 45 35% 34 22% 27 35% Mar 8 39% Jan 3 1 44% Mar 9 11% Mar 31 13% Jan 3 Diamond T Motor Car Co 6% Jun 9% Nov 7% Mar 31 9% Jan 5 Diana Stores Corp 12"% Jun 18% Dee 1,800 A 47.200 27% 28% 27% 28% -*>27% 28 27% 27% 48 48 48 48% 48% 48% 47% 48% 1,100 12% 12% 12 %■ 12% 12% 12% 12% 12% 2,400 23% 23% 23% 23% 23% 23% 23% 23% 23% 10,600 common 25 50c Distill Corp-Seagrams Ltd 62 62 *58 \ 62 >58 6% 6% X6% 6% 6% 6% 21% 21%; "21% 21 % 21% 21% 21% 13% 13% 13% V'!. 13% 13% xl3% 13% 13 % 13% 1.500 21% 22% 22 22% 22 22% 2?% 2,100 2,500 ' 18% 6% 22 38% 8 39 % 39% C-8% 39% 39 43 <3 "2 43% 43% 43% 11% 11% *11% 12 11 % 12% 8 8 8 18% 800 43% 11 % 2.300 39% 42% 11 % V V 11 % 39 42% 38% 43 : 8 2 *58 6% 22 ■ 11 % 2 62 4,100 21% 6% 421% Yv- 38 *4'2 -Nopar participating preferred *58 62 *2?.% 40% Jan 22% A 12% 12 A Feb 22 % —_':Y- 27% 47% 5 Dec 200 47% 6% Jan 4 9%; 1.400 8,200 *12% *21% *13% 13% 24% 47 < 8 100 1 45% 24% 24'/8 100 1 40 22%. A' 24 . Detroit Steel Corp De Vilbiss Co Sep 7,500 45% 22% Detroit-Michigan Stove Co_ class 9 RR Edison Raynolds : *35% 9% common Jun Mar 17 14% 50 for preferred (The) Sep 20 18 98 14% • 9% <.3 18 98 14% 100 West 37% 17% Jan 17% *9.7% 2,100 18% 17% 97% : 3,200 r 24% 24'/4 14% — Match 24% 87,000 •: 23% 132 *130 14% 44% . Escrow 6% 23 132 17% , Diamond 23% 24 "i 9% Y 49% 97% *35% Western Rights & 23 *130 24 110 700 50 % 50 > 14% 20 Delaware & Hudson Devoe 9% 18 33% *58 > 2 12 58 49% 8% ; 130:; 130 *100% Detroit Hillsdale & S W RR Co__100 Feb 7% Jan 23% Jan 12,900 101 23% 6 500 6% 97% 22% 33% 101 «_20 14 129% 132 23% 22% 22% 17% *22 Detroit Jan * l.lOO * fc' 6% ' 6%; 49% ft 11% 23% 6% *126% v- 22% *130 23"% ' 5,800 71% 11% 12 *22% 8% 8 *69'/a 71% 14% No par common Derby Oil Co 9 22% 132 *130 >t.V "r 8% 30 4,000 180 *160 14% *16% 1 50 8% 22% xl7% 7 *49% V 11% 129 - 8 *69% 6% 128 % 9 22% , 23 6% 50 8% , 18% *98 **14' 7 6% Feb 24% Mar 11% 11 21 % Mar 13 Jan 15 Jan , 98% preferred Denver & Rio Grande 19 22% 18% 1 Delaware Power & Light Co 6 34%. Jun *49 8% 21% 100 _2.50 Deep Rock Oil Corp__ 49 36 ft Apr 8% *128 8% 71% 12 22% 180 *160 1,300 16% \ 1 3 22% .16 50c 4 Jun 16% / 21% " 100 Jan Lack 16 57 *21 50c 35% Mar 24 6 21% 11% ^22% \6% 13& 6% 23% ;. 38% Jan 9% x22% 6% 132 B Dayton Rubber Co Oct Jun 23 6% * 100 Sep Jun 26 *22% *21 8% *69% 12 23% A 7% 8% 71% 12 *130 (The) 3.75% 43% 3 8% *69% 12 23% common Preferred 36% 22 8% 71% • Jun Jun 8% *11% 55% 21% 180 2.400 '17% I, 18% 16% *160 *69% ' 20 Mar 17 30% '31 ■."■ 16% 180 100 Decca Records Inc 12% 16% *160 49 pfd Davison Chemical Corp 4 100% *21 21% 16% 180 49 convertible preferred 11 Jan 16% *160 1 Jan 24 *21 No par 29% Jan 23 17% 21 32% 55% 123 — 21% Jan , 17% 55% 1 Dec 97 17% T; 55% No par May Aug 17% 55% *128 common Cushman's Sons Inc 1% 5% *103 17% 55 16% 2.50 Dana Corp common 3%% preferred series A Davega Stores Corp common Jun 104 17% 55 No par Class A *103 16% 55 21 , No par common . « Curtis-Wright 10% *54% 5 19 9 xl6% $7 preferred Prior preferred 104 *103 " 10 Cutler-Hammer Inc 11% July «15 Publishing 104 100 common Cuneo Press Inc___ 25% Feb 25 87 13% Jan Cudahy Packing Co 4%% preferred 7,700 14% Cunningham Drug 8tores Inc Feb 4% 19 28 38% 100 Cuban-American Sugar common—10 7% preferred ._10O 73 tr, Mar, 3 271/2 *32% pfd non-cum Jun Jun , 28 5 No par Crucible Steel of Amer com__No par 5% convertible preferred 100 Cuba RR 6% 27 No par preferred Crown Zellerbach Corp common 60 7 1 V Sales for Friday Apr. 6 •< share Feb 8% ! 5 series 2% Feb 25% Mar 30 Jan 3 186% Mar 23 182% Jan 31 Dec No par No par Co common Cornell Dubilicr Electric Corp Corn Exchange E«nk & Tr Co 102% Mar 21 1 i 2% Jun 96 Sep 36'% 6 Apr 5% 3% Mar 1% b6 prior preferred Copperwcld Steel 49% Jan ■ common Copper Range Co 4 58% Dec S3 13% Mar 16 Jun 73% Cooper-Bessemer Corp 17% Feb 49% Mar ! Corp S per V 7 , * T> Thursday Apr. 5 Apr. 4 62% Mar 18 7% Apr PRICES Wednesday Tue«d»j Apr. 3 , 8AIE HIGH AND Monday Apr. 1 - Monday, April 10, 1950 18% 8% 19% 19 19% 8 8 8 2.100 19% 19% 19% 19% 700 900 8 11,900 ' Range for Previous ... STOCKS Year 1949 Range Since Jan. 1 NEW YORK : V-'"-',C1:"-'*; - STOCK Saturday " Lowest Lowest Highest t per share S per Highest t per share share EXCHANGE t per share Par 9% Feb 17V .Jan 12% Jan 4 24% Feb 38% Nov 3o% Jan 28 41% Mar 17 45% Jun 53% Nov 3 56% Mar 24 10 Jun 14% Mar 50% Jan 10% Jan Dlvco Corp Dixie Cup Co common Class A 3 13 Jan 9 Dr. 25 July 32% Mar 9 36% Jan 4 Doehler-Jarvis Corp 12% 33% Jan 18% Dec Sep 48% Feb 72% Oct 14% Mar 31 69% Jan l3 43 Apr 57% Dec 54% Jan 108% Sep Feb ; 123% Apr 108 Dec 119% Jan 13 Dec 24 % May Sep 81 ,11% Mar 20% Oct 14% Oct Jan Mar ,19% Jan 1 Jun Jun 63% Nov 60% Jan 124% Oct 122% Jan 101 % Jan 4 10 % Jan 6 5 30 Mar 21 4 12 72% Apr 31 113% Jan Apr 14% Jan 9 102% Aug lioVa Jan 145 83% Jan 13 Feb 6 21 27 11% Mar 27 8% 27 19% Jan 7 43% , 6 Feb Apr 110% Mar 30 ■i 16% VSr 10 86'/a 16% 78 17% Jan 82 20 101% 101 11 66 13 Ap^ 15% Jan 6 97% 112 Jan Jun 127 Ltd $4 preferred 3%% Pont de Nem 102% Feb 10 116 Feb 20 Duquesne Light 11% Jan 10 D W G Jun 20 % Mar 15% Mar 30 19% Jan 10 14% Jan 13 17 Feb 24 Eastern 16% 13% Feb 6 15% Jan 3 7 % (E I) 5% 10 Jan 13 16% Mar 45% Jan 27 48% Feb Eastman Kodak Co 172% Jan 8 Jun 32% Jan 29 Jan 13 30% Jan Eaton ]9 Dec 16% Feb 10 19% Jan Edison Bros Stores Inc 88 Jan 10% Feb 94% Oct f Dec Dec 93% Apr 6 12% Jan 25 Jan 13 96 98 Mar 10 15 Mar 6 100% Apr 8% Dec x8% Jan 12 10 33% Apr 45% Dec 42% Feb 24 46% Jan Feb 17% Dec 16 13 19% Feb Electric 35% Jan 8 38% Feb 1% Jan 37% Feb 3 2% Feb 16 42% Jan 1% Jun 34% 36% Jun 10% 2% 51 Oct Jan Jan 13% Mar Jun 11% Apr 6 13 Convertible pfd Corp V 67% 13 9'% Jun 14% Jan 10% Jan Jun 61% Jan 55 Jan 13 Jan 60 Jan 9 Dec 5 55 July 3% 6% 6% 36 Feb Jun 63 5% 10% Jan Jun 11% Dec Jan 61% Dec 9% Feb 55 42 3 Jun 5% For footnote* Apr page Jan 11 Apr 3 6 2 Mar 14 6% Jan 16 3% Apr 22. 62 14 13 4 57% Feb Mar 14 8% Feb 5 12% Mar 13 48% 7% Jan 9 102% 102% Xl01% 102 114 114% 114% 114% 114% *114 1!4% *114% 114% 90 10% 10% *10% 10% *10% 10% *10% 10% 100 15% 15% 15% 15 ;.-T- Mar 16 11% Mar .. 25 68% Mar 6 44 Mar 21 4% Jan 10 126% 101% 102 33:800 GOO 1,100 15% IoVB 4 400 15% 15 15% 25.600 *14 14% 14% 15% 2 000 15% 15 15% 15% 15% 15 15% 15 % 15 % 4 700 45% 46% 46% 46% 46%' 46% 46% 47% 10,500 186- *29% 185 185 183 188 >188 190 >188 30% * 93 % 30% 30% 30 30% 30 30% 17 17 17 17 16% 16% 17 17 94% 14% 100 " *08% 93% 14% 14% 100 *.98% 93% 14% 100 *93% *93% 95% 14% 100 189% 20 30 30% 2.300 16% 400 *16% 95% 93% 14% 14% 14% 100% 14% 100 100 % '100% 93% 40 14% 1,400 102 20 1 8% 9 8% 9% 9% 43% 43% 43% 44 43% 44 43 % 44 43% 44% 4.100 3 17% 17% 17% 18'/4 17% 18% 16% 17% 16% 16% 15.700 No par preferred- *8% 5 (The) common 37% 38 38 38 37% 38 38 38 *8% 9 1% 2 -Nopar *37% 38 15 11% 10 23% - convertible preferred ■ 1% •: 37% \ 11% 9% 2 -37% *37% 1" 1% 37% 7% "1 1% 1% 37% 38 37% 37% ii'-, it.% 24% 24% n "•> 77 % '•% 23% 24 % 9% 237/8 24 24 62 *63 65 *63 *52 % ' 11% 24 % 1% 38 3.100 1,500 3,600 1,600 11% 1.500 24% 2.100 Mfg Co 50 TO 66 62 50 Electric 4% preferred. Equitable Office Bldg common— preferred series A Erie & Pittsburgh RR Co_ Eureka Williams Corp Evans Products *114 70% *126 46 *183 1 52 52 *52 52% *52 52% 52% 52 52 27% 27% 27% 27% ,27% 28 27% 28 28% 28% 5,000 14% 14 % 14% 14% 14% 14% 14 % 15% 15% 15% 7,100 Emerson Radio & Phonograph 5 Empire District Electric Co 10 Endicott Johnson Corp common—25 5% 72% 102% 2.50 preference Erie RR \ 102% 4 103% Mar 21 10 102% 2 Emerson 10 2,200 *102 3 6% Jan 200 12% 70% 14% El Paso Natural Gas__ 100% Jan 84 20% 12% 126% ,45% 6 Dec 13,200 69% 5 3 Dec 2.150 18% Xl257/a 69% 15% 15% Mar 7 300 I'T 127 14% 28% Jan 105 FRIDAY 69 14% 51% Mar 13 Jan 8,000 11.300 127 15% 15 Jun 2.600 GOOD 69% 15% 16 4% 16% 111% CLOSED 126% 15% Feb 100% h 67% 14% 13% Feb 5 14% 80% 126% 15% 26 11 14% 67% 14% May 20% Mar 17 12% 15% 13 33% Jan 20 12% 15% Jan 29% Feb 20 12% 14% 50 3 4.500 *82% 20% 12% 15% Oct 8 EXCHANGE *20 20% 15% 51% 11 -' 84 *82% 12% 14% Jan Feb 160 35% 126% 100 common 800 1.500 : *126 10 common 3,900 54% STOCK 142 % 16% 82% 84 ; 79% 20% 15% 42% 17% Jan 16% *82% 15% 5%% 30 12% 17 1 Elliott Co xl6% Jan 82% *20 140 10 7 Dec 142 16% 10% 23 Nov 139% 16% *10% 23 Nov 140% 1387/s ■ 100 Jan 18% *110% Y *54 1 75 13 % 110% V 54% & Co— 28% Feb 35% 110% 16% 3 * 66 16% Apr Jan 64% 140'/4 23% Mar 30 Jun 64% 16% 62 Jun 81 63% 138"% Nov 14% 79% 63% 110% 139 Nov 12% 14% 80% *110% 75 x29% 14% 79 20% 12 Electric Storage Battery Elgin National Watch Co 5% 34% 110% 28% Dec 34% 110% Jun 14% 33% 14% 33% 14%; 111% Jun 29 33% *110% 17% 23% Aug 8% Jun 33% 63% 48 Feb 33% 33% 143/„ Elec & Mus Ind Amer shares11 11% 83% common Electric Auto-Lite 12% 32% Mar 11% 12 preferred Elastic Stop Nut Co Beat 11% *82 preferred Ekco Products Co Jun Jan 11% *20 4% % Jan 11% 63% Manufacturing Co 4%% 11% 80 100 Apr May 11% 14% preferred 14% 14% 11% 11% 33% 62% common 21% 96 *54 78% Inc Oct 101 54 ..lo Airlines Jan 6% 54 *54 14% 5 Nov Apr 29 54% Shares 13% 53% Sales for the Week share 39% 62"% Cigar Corp 13% 188 13% 39 100 1st Eastern Corp common Eastern Stainless Steel 202 Jan 13% 39 _1 43% Jun Jun 13% 78% Eagle-Picher Co 16% Mar 38% 13% 39 14% 5 Preferred $4.50 series——Nopar Preferred $3.50 series No par 4 Jun 164 13% 38% ■ 62% Common Apr 13 Dec 13% 38 .—No par 15% 7% July 13% 38 78 convertible preferred 12 % Jan . t per share 13% No par Duplan Corp S per 38 15 Dunhill International Jun 9% , No par series A Apr. 7 Apr. (> Apr/SV.;; f per share Friday Thursday Wednesday V Apr, 4 f per share t per share PRICES 53% 11% No par common $3.25 2nd preferred —No par Dresser Industries common 50c Du 119 Mines Dow Chemical Co SALE 13% No par Douglas Aircraft HIGH 38 1 5 AND Tuesday Apr. 3 t per share No par No par . Pepper Co— Dome Monday - Apr. 1 , ';AA LOW Co 27% 20 % 32% x26% 1 " ; 28 25,500 20% 20% 20% 20% 20% 33% 32 32% 32 % 32 % 102% 102% >102% 102% 102% 102% 60 7'/a 7% 45.400 12% 12% 22,GOO 11% 12% "*55% 57% *55% 65 6 103 103 102% 2.100 1,700 ■ * 50 * 62 5 5 9% 1 ■ 11 % 63% 63% *42% *3% 43 3% 7'/a 12 '12% 1 5% 9% 11 •* 7 - 5V2 *5% 2.50 26% 20 Vs 32% 7% 3 26% 25% 20% 7% Ex-Cell-O Corp "When issued" 27% 170 32% 1 100 26'/a 200 20% *102% Nopar 27% YY 32% 32% * loo Eversharp Inc Exchange Buffet Corp. 27"% 20% ; 65% *63 66 Y 9% • 11 7% 12% 7% 12% 7 12% 7%. 12% 57% *56 57% *56 57% *56 65 *61 65 *61 65 *61 5% 5% 5% 5% 9% 9% 9% 11% ,11% 11 % 11 9% 42 . 5% 5% 9% 9 57 65 5% 2.800 6.800 11% 10% 10% 42% 42% 43 43% 800 *3% 3% 3% 600 * 100 — 42 *3% 3.300 : 9% 42 3% 42 *3% / 3% „ 3 YB Number 4897 Volume \ Range for Previous Year 1949 Lowest Lowest t per share S per fper share NEW Highest 1,1 share YORK Par v.--> Jun Jan 37% Mar 10 45% Mar 27 Fairbanks Morse & Co Feb 25% Oct 23% Jan ? Fajardo Sugar Co Oct 23% Dec 19 5 25% Apr 22% Jan 6 19 y* 7 Falstaff 12% Aug 17% Feb 23 1% Jan 14 F A R 16% Jan 13 Fedders-Quigan Corp Federal Mining & Smelting Co Federal-Mogul Corp 15 y8 Oct 14% Jan 7% 15% Jan % Jan 3 Dec 15% Jan 3 32 Jun 38% Jan 35% Mar 11 40 V2 Mar 14% Jun 18% Nov 17% Mar 19 % Jun 3% 24% Jun 6% Feb 36 95% Mar 104 10% 12 y2 Dec 4 14 Jan 10 Federal 38% Feb 33% Jan 13 103 Sep 27 4%% 9 8 Feb 15 106% Jan Jan 4%% 5 67 17 76% Apr 3 Jan 12% Mar 29 14% Jan 20 33 Va Jan 9 29 % Mar 31% Jan 104% 18% 9% May Sep 15% 15% 15% 15% 1% 1V4 8% Feb 14% 103% Feb Dec *15% 15% 16% 15"% 15% 15% 15% 36 Va 36 % *36'A 36 y2 36% 18 18 is y8 is y4 ' 4% 4V2 4% 18 % Jan 3 20% Mar 17 15 22% Mar 23 15% Oct 13 Apr 5 15% Jan 24% Jan 11% Jan 3 14% Mar Dec 14% Jan 3 19% Feb 30% Jan 10 lg 18% 19 19 19 19 62 V* 62% 62 62% 58% 59% 62% 59% 106% No pax 74% 12% 18 Food Apr 29 % Jan 24% Mar 30 92% Nov 87% Apr 4 96 y2 Feb 10 Oct 96 Jan 7 99 30 3%% 19% Feb 33% Dec 29 Jan 25 35% Mar 21% 8% Jun 25% Dec 24 Jan 30 25 Nov 9% Jan Jan 2 16 3 11% Jan 27 8 Jun 10 y« May 9% Feb 3 11% Jan 10 x38 Feb 60 Nov 57% Jan 13 Jan 17% Dec 16% Apr 1 19% Feb 23% Dec 20 Feb 16 22y2Jan 78% Feb 75 lviar 7% Apr 12% Aug Jun Sep Jun 7 5% Jan 3 65% Mar 23 oo 3 9 A reu 9 3 Apr Foster-Wheeler 6% 22 Va Oct 7% Jan 3 8% Jan 10 Galr Dec 17% Jan 12 18% Jan 28 6^5 Oct 9% Jan 6% Apr 6 8% Jan 20 31% Oct 41% Jan 34% Mar 10 38% Jan 12 13 19% Apr 4 Co 1 " 1,800 62 61% 61% 59 y8 59% 60 106% 106% 40 75%. 75% 75% 900 *12% 106% 12"% 12 y2 12% 300 ' q • - 2,900 . . 5,200 31 Va 31% 31% 104 y4 *104% 104% 104% 104% 26 % 25% 25% 25% 25% 31 31% 30 400 19 Va 19% 19 y8 19% 19% 22 22% 21% 22 21% 13 13% 13 Va 13 Va 6,100 22 13 VA ' 19 VA *13 ' 22 Va 19% 22 Va 13 y4 13'A 13 "A 13 13 % 14 14 14% 14 14 14 14% 4,000 17% 17% 17% 17% 17% 17% 17% 17% 17% 3,400 25 V? 25% 26 * ; 't ■:. . 25% 25 % 25% 25% 88% 87% 87 y2 *87% 88 98% 98% 98% 31 31 Va 31% 32 *24% 31 25% ■ : . . . 26 89 98% *87 ' ' ■ ■ ■':■'■ , ■' ■ 9,900 1,400 v 7.800 ...... 190 88 88 y2 98% 99 99 98% 98% r 32% 32 32 31% 31% 1 25 *24% . • -■I' ••■ T ■ 140 'V- ■ '' - 2,300 :'- *24% 25 No par *10% 10% 10% 10 % 10 Va 10% 10 10% 1 *gy2 9% 10 10 10 10 *9% 10 *62% 63% 63 63Vt 63% 63% 63 63% ; 63% 65% 2;ioo 16% 16% 16% *16% 16% 16% 16% *16% 16% 200 20% 20% 20 20% 20% 20% 20% 20% 20 20% 8,500 78 77 77 76% 77 77 77% 77 77 1 common 100 *77 8% (Robert) common 20 Gamble-Skogmo Inc common ' *16% 8% V 7% *18 5 , 8% 7% V preferred 9 25 8% 7% *'24% , - 8% 9 7% 7% 7% 18 VA 18 Va is y8 6% 6% 6% 36% 36% 6% *36 37% 36 Va 36% *36% .No par *18% 19% *18% 19% 19 Va 19% No par *18% 19 xl8% 18% 18% 18% 50 i 8% 7% 6% 6% ■A *18 Va i\< 6% _ 10 y8 ;• *9% • 18 % 7% *18 18% *24% 25 6% _ convertible preferred 541 1,400 *98% (Thet Inc 19% *87 * lo pieierrea Gabriel Co 7% 18% 19% 25'A 1Q " Jun 400 19 % 17% Fruehauf Trailer Co Jun 150 \ 11% 13 * 4% 22 Va 19% 6,100 ; 104 Va •11% *25 % 26 2,300 ■ ■' 1 < t '■ ; 103% 104 % 104% 26 35% 35 " 106 y2 tz 12% 31 1.100 .'. ...- 106% 76" 12% 19% *13 Freeport Sulphur Co 10 Froedtert Grain & Malting Co Inc_l 14% 76 12% 31 4ya 4% 75% 76V8 *104 300 18% 11% 61% 74% : 5,900 37% 18% . - 4,900 FRIDAY 16 *36% 35'A 104 M00 VGOOD 1 \»s 15% 1,600 , 25 Francisco Sugar Co Franklin Stores Corp Alt 106% *12% 31 19 100 prior preferred— 16 2,900 CLOSED ■ 100 Corp common 35 103% 12% 30<y8 26'A 1 preferred 35 y4 104 106"% *23 10 Machinery & Chem Corp convertible preferred 59 x59 104% ■ 34% 104 74% 30Va . 34% 104 *106% *104 No par 3y4% 96% Jan 1 Florida Power Corp— 7% Florida Power & Light Co—No par Florsheim Shoe class A_ No par May July *103% 62% 59% *106% — 27 34% 35 Va 104 25 Follansbee Steel Corp Food Fair Stores Inc 2 4% *18% Florence Stove Co——4 Dec 4% 11% 2 EXCHANGE 4% 4% 11% com STOCK 25% 19% 1 18'A 18 2,200 41% 101 'a 15% 36% 18 Shares share 25% 16 37 18 Sales for the Week t per 41% * 1% 11% 4 Jan 1 - 11% Jan 106 Mar 13 1 11V2 27% Feb 7 27 24 1 11% Firth (The) Carpet Co __No par Flintkote Co (The) common—No par $4 preferred No par 20% Feb 6 15% 1»,» —__—100 preferred First National Stores Dec Jan 4% 15% *11 Co Firestone Tire & Rubber 60% Mar 17 105 17% 13 % 67 19 % 1 Felt &. Tarrant Mfg 69 28 16% 26% 19 Friday Apr. 7 Apr. 6 42% 25% 19% 15% Fidelity Phoenix Fire Ins N Y____10 Jan 11% 42 25% 5 83% Feb 59 % Mar 21 52% Jan 13 Dec 18% May 78 42% 19% 35 Ferro Enamel Corp 11% July 21% Jun 89 41% 25 19% 25 19l/2 *103 20 Va Mar 20 Jan 20% 42% 25 5 17 % Jan 53 98% 42 100 preferred— Dec 56 * 43 *4% 17% 81% Dec 9 per share 19v2 No par Jun 107% Mar Sper share I per share 9 per share > *36 13% Jan July May " 24% - 10% Mar 31 105 12 Truck 1 1 5 Jan 3 Wednesday Apr. 5 Thursday Apr. 4 iy8 20% 12 Tuesday Apr. 3 15% —2 Federated Dept Stores common 104% Mar 3 PRICES Monday 24"% 1 1 5% Jan Motor *42 ;i l _ 17 (1471) ny% 20 Family Finance Corp common Liquidating Corp 4 Feb Saturday $ per share No par ; Brewing Corp Nov 63% July 43 4% Feb Jan 3 ' " t Apr. t S per share 11 % Mar CHRONICLE LOW AND HIGH SALE STOCK 19 Apr FINANCIAL EXCHANGE 34 41% & /''STOCKS Range Since Jan. 1 ; Highest COMMERCIAL THE 37 25 10% :r :: "• - /■ ■ '7 V 900 200 190 5.5C0 8% 8% 8,500 7"% 18% 18 300 6% 2.300 6% '■i . 10 7% V » , ' 37 *36 Feb 17% Dec 15 Jun 19 Apr io y4 Jun 16% Dec 15% Jan 3 19 V2 Feb 10 Garrett 17% 17% 17% 17% 18% 18% 18% 18% 3% Jun 6% Feb 4% Jan 3 5% Jan 12 Gar Wood Industries Inc 1 4% 4% 4% 4% 4% 4% 4% 4% 7-V 4% 5% ir< 4%% convertible preferred 50 -1.66% Gaylord Container Corp *24 % 25% *24 % 25% *24% 25% 26 Va Jan 10 xl7% Jain 3 17 19% Mar 16 21% 15% Jun 32% Feb 24% Mar 13 27% Jan Jun 18% Feb 4 Jan 23% 19% Jan 13% Dec 18 Jan 3 20% Jan li 19% Mar 23 103% Jan 107 Jun 105 Jan 11 107% Mar 7 41% Sep 48 Va Nov 45% Jan 13 53 % Mar 3 July 106 Jan 103 Va Jan 12 105% Mar 8 Jun 11 Dec 10% Jan 5 12 Jan 31 Mar 20 165 Feb 7 99 9% 152 Oct 163% Jan 9% Feb 15 Dec 6 Jun 10 158 13% Jan 12 , Oaroewell Corp General General SS 1 General Bronze 9% Jan Cable 6% Mar 29 9 General Jan 63 % Mar 31 75 Jan 9 4% 1st Jan 26 Mar 24 30% Jan 9 A% conv 17 Jun 20 Apr 157/8 Mar 31 18% Jan 11 129 Jun Mar 30 138% Jan 9 34 39% Apr Dec 41% Jan 13 Dec 47% Jan 13 93% Jan x6»A Jun 100% Dec 99% Apr 6 13% Jan 56% Dec «% Jan 4 54% Jan 16 47% Mar 22 51% General Cigar If, Jan 20 13% Feb 16 57 % Mar 8 General 44% Jun 123% Jan 128% Jun 126 Jan 13 129% Mar 3 5f, Apr 112 Dec 109% Jan 10 115 8 3%% 97 Mar Mills $ per $ per share NEW 13 80 Aor 6 Jan 127% Sep xl25y2 Jan 5 127% Mar, 7 Jan 104% Dec 102% Jan 6 104% Feb 13 Feb 19% Sep 19 Va Jan 3 22% Jun 38% Dec 34% Feb 17 11% July 2% Jun 16% Mar Dec 3% Feb 11 Va Jan 17 Nov 16% Jan 15% Jun 20Va Jan 19% Jan May 124% Dec 121% Jan Feb 20% Jun 12% Mar 28 10 16 Va Feb 23 7% Jan 6 25% Jan 9 18 34 112% Jan 3 119 18% Jun 27% Dec 22 Jan 25 99% Apr 102 y2 Jan 101 Jan 10 15% Jun 21% Jan 19% Jan 3 67 July 77% Apr 77% Jan 23 64 Sep 73 Jun 28% Jan 13 Mar 68 Jan 7 8% Jan 25 24 Jun 12% Feb 37% Dec 79% Jun 91 Jan 12% Jun 17% Jan 13% Mar 24 72% July 80% Oct 80 33% Jan 90 Jan 13 4 3 Dec 54 26% Mar 16 Jan 12 25 y2 Apr 6 102 66 Jan 23 16% 1,000 I *127 128 % 127 128 128 128 128 6% 46% 46% 46% 46% 46% 50% 50% 51% 51% 51% 51% 51% 100% *100% 100% *99% 100 99% 99% 100 11% 11% 11% 10% ll'A 10% 11 10% 11% 13.900 _No par 55% 55% 55% 55% 55 Va 55% x54% 54% 54% 54% 1.400 V 128% ♦127% 128% 150 ♦109% 111 200 100% *J28 100 preferred 110 *99 128% 128 128% *128 110'A 110% *109% Corp com 111 Saturday Apr. 1 126% 126 JA 126 % Xl25% 126 125 % 104 % 104% 104% xl03 103% 103% No par 21 re 5 16% No par *21 21% 21% 21% 21% 124% 124% 6% 6% 23 Va 6% No par *22% 10 6 108" Mar 13% Feb 6 10 3% Jan 1% Jan 3 2% Feb 18 8% Apr 7% Jan 3 9 Jan 9 37% Feb 28 Jan 4 4 Dec 100 Apr 15 Mar 10 Mar 93% Apr 11 Jun 16% 32 Jan 36% Oct 33% Jan 11% Jun 14 Va Sep 12 2 Mar 30 Jan 12 3 23 33 23 33 115 *101 5 *23 'A 32% 115 29% 23 Va 23% 17 21% 21% 125 Va ♦124% 125% 6% 6% A 6% 6% 22% 23 y2 33% 114% 29% 29% 25 24% 24% 25 104 Va ♦101 *101 104% 23'A 23% 35% Feb '27 28 Apr 4 103 Apr 3 17% Feb 26 36% Apr 13 Jan 4 12 Grand Union 3%% 1 23% 1,400 320 29% 2.600 25 *101 104% 500 86 24% 86 86 *85 76 *73'A 76 •73% 9% 10 9% 10 9% x37% 38 37 37% 93 "A 94 93% 93% 37% *92 14 14 14 xl3% 13% 13% 83 83 83 *80% 82% *80% 100 76 3,600 38 95 14 19% 19% 19'/a 19%- 19'A 19% 19'A 27% 28 28 28 VA 27% 28% 28 *55 Va 56V* 10 10 IO9 109 10 Va *108 • 56 10% 85% 86% 4,200 85 Va 103 % 51% *105% 106 106 12% *12% " 12% 1% 2 106 12 % > v 103'A 103% 103% 103% 400 51% 51% 51% 51% 51% 52% 6,300 106% 106% *105% 107% ♦106% 12% 12% 12% 12% 12% 103 103 1% 2 1% 2 1% 2 2 8% 8% 8% 8% 8% 8% 8% 8% 33% 43% Jan Jan 19% Oct 18% Jan 13 22 Mar 7 144% Mar Jun 16% 137% Jan 39'A Mar 14 3 149 Mar 7 71 44% Jan 10 67 Nov 65 Jan 6 33% Mar 43% Dec 41 Jan 4 45% Mar 11% 14% Mar 13 Jan 4 15% Mar 24 62% Dec Jun Jan 30 7 ' 9% Oct 12 July Jan 100 July 10% Apr x96% Mar 3 93% 15% Jun Apr 18% Jan 13 7% July 6% Jan 3 20% 8 5 Feb 92 Jan 101 Dec Jan 3 9% Jun 14 Jan 12% Jan 3 4 100 41 Jun 54% Dec 51% Jan 56% Jun 71% 59% Jan 25 16% Jan - Jan 22% Dec For footnotes see 21 pa%e 22; Jan 3 11% Jan 100 11 Jan 28 25% Apr 8% Jan 6 19 Feb 21 16% Apr 4 103 57 Mar 23 '64% Mar 17 24% Jan 13 Gt Northern 2% 8%* 36% 36% 36% 36% 36 VA 36% 35% 36 35% 36 31% 31% 31 % 31% 32% 32% 32% 32% 27% 28 28 27% 28 *101'A 103 102% 5 27 Va 1 15 , 27% 102% 27% *102 102% 27% 103 ♦14% 15 15 Va 15 15 15 Va No par *36 V* 36% 36% 36% 36 % 12% 12% 12% 12% 12% 15 103 103 15 102% 15 ♦36% ' 36% *36% 12% 36 % 12% pfd No par 40% Great Western Sugar com 7% preferred No par 21 loo *146 Green Bay & Western RR Green (H L) Co Inc loo *67 1 Common 4%% 12% •12% 36% 12% Guantanamo Sugar common $5 convertible preferred No paT Gulf Mobile & Ohio RR com.No par $5 preferred No par Gulf Oil Corp——25 Gulf States Utilities Co— No par *67 72 42 43 16 *15y8 41% 21 147% 72 41% 41% 41% 20% 21 20% *147% 148 147% *67 72 *67 42% 42Va 42% 42% 15% 15'A 15 VA 15% 41% 72 41% 41»A 20% 21 147% . 21 ♦147% 148 *67 42% 42% 15% *15% 7,300 5,700 2.600 3,200 170 ; ' 1,300 140 2,600 6,700 2,600 40 72 42% 15% 3.600 56,700 200 10% 97% 10% 10% 10% 10% 10% 10% 10% 97% 97% 97 97 96% 97 97 97 23 Va 23 23% 23% 24 Va 24% 25% 25 Va 25% 41,200 *7% 7% *7% 7% *7% 7% 7% 7% 7% 7% 300 *101% 15% 102% 16'A *101% 102% *101% 102% 102% •102 15% 16 y2 15% 16% 15% 16% 16 16% 56 10% *97 1 3 147 * 18,000 23 Va 100 Corp 20% 21 *isy8 3 preferred 40% 40% 147y2 *42 Greenfield Tap & Die Corp—No par Greyhound Corp (The)— Grumman Aircraft , 33% 27% Ore Prop—No par Ry 6% 800 12% • 133% July 300 108 31% IOC preferred 10 1.900 85% 84% 50% 3,166 10 % 109% 84'A 84 ♦102% 56 Va 10 ♦108 14 % 83% 83 V* 9,200 14% 13% 51 *55% 1,600 14 14% 1C3 109'A *108 14% 50% 56% 10% ♦55% 10% 109% 14 Va * 102 % 8% *55 % 10% 13% 13% 83 V4 56% 109 #--10 Co common 100 28'A No par (The)_ 5,000 ; 13% *82 par 1 500 ' 28 13% y.5 3,900 10% 82% 19% 9% No par 6,300 25% *73% \ 1,000 33 114% 29% 10% No par preferred conv .-23% 86 24% 38% *107 10 Gru v.son-Robinson Stores com $2.25 104% 93% *55% 50 100 No par Gt Northern Iron 10,500 18% (B F) common__No par Co 20 6% 27% No par Granite Citv steel Grant (W T) 125% 6% ; 25 93% 13% 125% 33 25 23% 23% 900 FRIDAY *113 37% 14 4,500 19,200 GOOD 33% 114 5,400 .4 4 114, 29% 29% 32% 10 83 Graham-Paige Motors Granby Consol M S & P 33% 33% 114'/a 29% P4% 14 Hosiery 23% 23 2,000 CLOSED •>» % ) d f 1.300 1.200 4 21% 38 % *82 $5 preferred Gotham ; 10 *93% 5 $5 preferred 4 36 17% 10 No par 2.50 Goodyear Tire & Rub com—_No 14% 3% 17 *124% 115 35% ' 38 No par convertible preferred 52% Apr 26 6% 115 No par Gimbel Brothers common 104% jan 24% Jan 126 124% Georgia-Pac Plywood &c Lumb Co__1 No par 13 29 ; 10c Gillette Safety Razor com 20 Jan Jan 4ya 17 4 14% 14% 3% 16 Va 4 *101 43% Jan Aug Dec 14% 14% 4 17 104y2 101J/2 Jan 69% Jan Dec 14% 4 17 100 Goodrich Co Dec 28 Va 14% 10c preferred 6 72% 28 y2 14 No par General Tire <!fc Rubber Co com 86% Apr Jun 30% 36 V 3,400 STOCK EXCHANGE 22 3*% *24 3 52% Jun 21% 35% 24 V2 9 Jan 22% ?6% 24 % Jan 16% 21% 36 " *85 18 16% 21% 35% ;• 36 86 13 % Mar 24 20% Mar 21 % 21 1 76 Sep 73.000 103% *85 19 Shares \ 125% 104 General Time Corp common—No par 4%% the Week 9 per share f 126% *73'A 12 80 104% 76 56% Mar 23 79% 79% 126% 8(5 Feb 78% 79% Apr. 7 Apr. 6 104% *73'A Jun 1 78% *85 14% 11% Mar 79 Sales for Friday Thursday 9 per share 126% Goebel Brewing Co Gold & Stock Telegraph Co Goodall-Sanford Inc x t per share No par 29% 2 \103% Jan 13 77'/a 77 *29'A 11 24 76% 1 $4.50 preferred Gleaner Harvester Corp Glidden Co (The) common - 9 per share Apr. 4 9 per share 100 9 111 Wednesday Apr. 5 Tuesday Apr. 8 100 16% Jan *109% No par Corp Feb 107 % Feb Monday 9 per share 100 preference 128 129 110 LOW AND HIGH SALE PRICES STOCK Castings $6 pfd Telephone Corp $5 convertible 4,400 11% *99 preferred 3 80 26,200 47 46% 50% preferred Mar 127% 2^0 v 46% 3%% 39% Mar 15 128 128 46% 4%% 97 *16 50% 20 4%% r -1-1 Advertising Shoe 7% 7% 50% preferred General 6% 7 46% ..No par Corp 112 y2 Jan 9 '/2 Mar 29 Jan 101 16 6 Jun 1% May 5% Feb 16 14 *95% Sep 16% Mar 16 % Apr 10% Mar 22- 116 106 16 72% Feb 11 25 24% Jan Jun 16% General Realty & Utilities General Refractories General 23 18y2 Jan Jun 16 Va Gen Steel 31 28y4 Aug 25% 10 16% General Public Service 5 24% Jan Dec 98% 900 16% $5 preferred Preferred $3.75 series 3 11 84% Mar 15 Jun Dec Mar 10 17% Dec Jan 29% Jan Jan 21 45% 27% Gen x31% Jan 104 64 "A 27% 17 Jan Jun 64% 27 24% Feb 126% Feb 7% 64 27 4 6 50 1,000 13,600 17% 63% General Motors Corp common.—_ 10 Railway Signal '.■17% 17% 17% 162 *160 26% Par Gen Precision Equip 17% 100 2,500 11% 63% 100 YORK 17% 162 *160 160 1,166 50% 104 11% 6% 3 Dec Jun 17% 11% 26% General Public Utilities Corp Nov 34 160 11% G3% 20 34 100 20 4% Mar 23 31 10% ' 17% ? 11% ♦102 6% 18% Feb 22% Mar 10 Jan 55 v 11% 106% 50% 104 *101 26% General Portland Cement Co 122 Jan 16% 3 11% 160 100 160 104% 63% Gen Outdoor Jan July 11% 11% 104% ♦106 50% 6% 3 July 5% 105% *104 105% 50% 51 26% 6 Mar. 48 106% 51 63% Jan 38 99 Va 5% *106 51 6% 22% Apr 22% 24 11 6y8 Mar 10 7y4 Nov 24% 106% 50% 26% Sper share 123 Va 4% *106 . 50% 3,900 63% EXCHANGE x97 120 19% 106% 106% 2,400 I' * 6% Corp com convertible Highest share 68% Jan 72% Nov 3% 19% *106 400 19% 19% 63% preferred Range Since Jan. 1 Lowest Highest 51%wJun 19% STOCKS Year 1949 f per share 19% 19 *25% common Range for Previous Lowest 19 VA 19% 16% ' Electric Co $3.50 preferred Instrument 25% 19 11% -100 General 103 25% 19 19 com— -No par Co Inc General Foods 6 *24% 19 19% 3.600 50 preferred preferred 0«>np™i Apr 19 19 *104 _No par 600 8 800 18% —5 ~ 100 Corp com preferred 2nd 18% 19 £0% par 500 1.9% 18% 19% *158 _ 19% 18% 18% 19 *106 5 common- ———5 Corp 19% *19 19 Va com—1 _ 17% Mar Jan *17 100 preferred 31 42% Investors Baking Co 79% 48% 2 — com Transportation -No $4.25 preferred series A Jun Jan —_ Amer Apr Jun (The) $4.50 preferred General 65% 127 Co American 24% 139% 'The) Co Gardner-Denver 200 - ? " 55% 61% 22% 55% 61% 22% 10% *102 140 102% 19,900 1.000 ~ 55% 55% 56 56% 56 61% 62% 62 62% 62% 63% 63% 63% 8,700 22% 22% 22% 22% 22% 22% 22% 22% 5,500 COMMERCIAL ,& THE (1472) If car 1949 S per share • Saturday Apr. 1 EXCHANGE Highest $ per share $ per share STOCK NEW YORK Range Since Jan. 1 Lowest Highest tper thare CHRONICLE STOCKS Range for Prey 1003 Lowest FINANCIAL Par • ■■ LOW. AND high sale prices .TuesdayWednesday. Monday Apr. 3 $ per share . Apr. 4 ■* 8 per share \ Monday, April 10, 1950 Thursday Apr. 5.^ ./ 9 per share Friday. Apr. 6 : f per share r. Sales for Apr. 7 t per share the Week t.per share / Shares H ' 31 Jan 39% Dec 22% Mar 30 46% Feb 14 16% Jun 24% Dec 32% Mar 21 25 % Jan 30 Halliburton Oil Well 12 Jan 14% Dec 14% Jan 15% Jan 12 Hall 11% Jun 13% Apr 61 149 Jan Jan 25% Jan 19% Jan 20 145 10% 25 8 3 Hanna Feb 6 Harbison-Walk 4% Mar 31 7% Feb 9% Feb Hat Jan 6% Jan 21% Mar Jan 8% Jan 10 Dec Jan 95% Dec Jan 25% Jan 93% 98% Apr 35 Oct 103 32% Dec 31 42% Dec 40% Feb 105 Jan 41 Apr Mar 20 Mar 3 7 14% Mar 23 17% Aug Jan 44 71 % 71 10% 10% 7% 22% 2 7% 5 22% 22% *9% 23 Jan 6 30 53% Dec 53% Jan 4 51% Nov *13% Aug Nov 49% Jan Dec 125 46% Jan 10% 7% 7% 7% 7% ,7% 22% Feb 8 56 52% Dec 51% Jan 6 53% Feb 3 21% Jan 15% Jan 3 22% Feb 18 21% Jan 13 % Feb 10 18% Jan 7 77 Dec 84% Sep 12% Dec 801 6' 8% May 11% Jun 70% Mar 14 Jan 11% Mar 6 Dec 14% Jan 4 16% Apr 15% Sep 13% Jan 5 15% Feb 14 Jun 29% Dec 25% Jan Jun 15% Oct 10% Apr- 16% Jun 22% Jan 28% Sep 16% Apr 27% Jan 24% Mar 34% Jan - 50% 5 3 16 42% Apr 32 % Jan W) Powder Hilton Hotels Hinde ' & Holland 14% Jan 5 Hollander 19% Jan 9 7 5ft? 47% Jan 11 Hooker Dec 101% Jan 12 104 Jan 19 13% Dec 11% Mar 25 14 Jan 9 Feb 35% Nov 31% Apr Jan 41% Nov 35 86% Jan 99% 95% Jan> 42% Jun 46% Jan 13 29% Feb 48% May 44% Oct 38% Jan 12 12% Jun 16 Oct 15 36% Mar 31 Dec 4 Jan 31 7 Mar 22 31% Jun 46% Jan 4% Jun 11% Dec 8% Jun 17% Dec 12% Jan 33% Jun 47% Jan 35% Mar Feb 8 Jan 13 26 14% 8% Jan Dec Jan 10 $2.25 10 Household 17 54% ; *53 "13 % 72 *71* 54% 53% 20%.; * Highest $ per thare 11% 11% 16% *16%, *13% 26% 26% 26-r8 44 34 1 : 43% '-44% 44 *33% *103% 104 ♦103% 12 50 *31% V 104 Jun Feb Jun 36% 98% *48% 49% 47% 47% " 49% 47% 49% / 49% *47 3 4% Apr 1 Hupp Corp 13 25% Apr 6 Hussman •' r: ; NEW STOCKS $ per share 35% Feb 8 40% Mar 15 Idaho Power Co„— 34% Jan 25 39% Apr f 4- Illinois Dec 92 Feb 15 98 94% Jan 17 34. 25 Nov 53% Mar 30 37% Jan 20 41% Mar 23 56% Jan 4 8% Mar 10 28 % Jan 3 33% Mar 27 96 Jun Jan 25% Jan 34% Dec 37% Nov 51 % Jun 55% Sep 10% 29% 36% Jan Jan Jan Jan Dec 13 3 100%.Apr v3 9% Jan 8% Jan 33% Mar Jan Dec 42% Mar 28 51% Jan Oct 66% Feb 71 Jan 30 May 11% 8 12% 86 % 1 165' 1 41% Jan 4 25 Apr 163 Jan 6 Jan 26 9 Jan 38 18% Jan 12% Mar 30 15 Jan 10% Dec 10% Mar 6 11 16 20 31 97 Apr 18% Dec Jan 95% Dec Jun 2% Jan 13% Jan 9% Jun *145% Jan 234 16% Jan 92% Jan 1% Jan 25 12% Jan 13 40% Jan 4% 3% Apr 4 Dec 212 4 240 22% Jun 29% Dec 164% Jan 180% Dec 25% Apr > 3 177% Mar 23 181 5% Feb 10 Dec Jan 9% Jan 12 Jun 34% Oct 32 Jan 28 36 Feb Jan 86% Oct 84 Jan 4 88 Feb 6% Dec 6 Jan 3% Feb 25% Jun 33% 94 31% Jan Dec 143 Dec 37% Jan Feb Dec 103% Nov 4% Nov 7% 4 25% Mar 31 130% Feb 24 33% Jan 25 104 Feb Feb 5% Feb 1 14 43 Nov 71 Feb 49% Jan 3 50 Jun 61 Feb 55% Feb 14 41 Jan 46% Oct 57% Jan 39% Apr 5 49 % Mar 23 30% Aug 7% Jun 34 13 Apr .33 Jan 9% Jan 14 20 Dec 17% Feb 17 23 Aug 20 % Jan 4 24 Mar 39 Jun 11% July 18% Feb Jan 3 24 c ' Jan 34 Nov 29% Jan 30 24 Jun 32 Jan 27% Jan 5 136% Aug 148 Feb 2% Jun 136 Mar 1 7% Dec 6% Feb 14 11% Jun 18% Jan 14% Jan 5 81 Jan 94 Dec 44. Jan 59% Oct 92% Jan 25 56 % Jan 3 95% Jan 105% Dec 103% Mar 27 50% Dec 30% 29% Jun Jun 54% Dec 45% Feb 9 48 3 Jan, 102 Feb 21 Jun 33% Jan 27% Jan 73 13 Jun 86 13 30% Dec 40 % Mar 81% Jan 29 % Apr 109 Dec Jan 108% Feb 2 6 3' 49% Jan 3' 34% Mar 47% 47% 67% 67% 68- Steel Co— Ctfs 1,000 3%> 55,200 25% 4,400 Thursday. Friday Apr. 6 Sales foi the Week Apr. 7 S per share. 175 39% *172 11- x39% 53% *53% 8% x8 % 32% 32% *172 175 . 9iper share > Shares 175 *19% 19% 19% 20 19% 20 *95 96 95 95 96 97 *96 1% 1% *1% Machines—'— No par -■ *231 No par common preferred—,—.— 235 26 231% 231% 232% *172 , 8 200 175 >39% 39% 40 Va 5,700 13% 13% 13% 1.700 *10% 10% 10% 1,000 19% 19% 10% 19% 19% 2,700 97 1% -:>; 13% 13% 233 *96 232 > 97 1% 13% 234 233% 60 1% 1.500 14%. , 13% 8,200 234 1.200 25% 26% 25% 26% 178% 178% 177% 177% 177% 12% 13% 127/8 13% 13% 13% 43,500 33% 33% 335/8 34% 34% 34% 3,800 12 12 12% 12% 33% 33% 32% 33% ..100 1,500 26% *177% l 3,200 178% —100 preferred—! 200 8% 32% *7%. 175 *172 5 13% 53% *8% 32% 8% 33 1.000 10% 1% 30 4,000 2,200 10% 13% *52% FRIDAY 68 Va 10% 1%. 39% 48% 10% 13% 39% 330 68% 10% 13% 40 GOOD 48%; *10% 13% 36% 68 % 13%. No par 36 Va 8 39 1% 300 - 68% 13%, 1% 2,700 17.800 : 101 .36% 55 /•': CLOSED 49 39% 1 *99% : *7% 13% 100 EXCHANGE . 68 V 39% : 101 STOCK 39 V8 >; '93 48 % 8 13 ' 37% 38% *91 49% 39% *86 88 *86 88 *86 26% 26 88 *86 26% 27 177% 177% 178 *86 88 V 88 24,800 250 « Corp.——___1 *6% 6% 6% 6% 6% 6% 6% 6% 6% com__No par 2,700 25% 25% 25% 25% 25% 25% 25 3,4 26% 26 26% 19,200 :_100 *135% 136% 135% 135% 135% *135 135% 20 39 Vb 13,100 — 7.50 37% No par 105% preferred loo Salt—— ; 38 7% v 37% 105% *105% 7% 62 1 38% *105 % 7% 7% 7% 63% 60 62% 58% 57% 58 700 40 39% 40 4,000 51% 51% 51% 1,100 36% *35% 58 40 40% 40 40 39 7 50 50 % 50% 50% 51 38 *35 13 *35 38 *35% 7% 200 •7% 59% *58% , 106 *62% 51 *50 a *35 % 38 . 7% - 6,100 1,220 36% 13% 12% 13 Va 12 % 13 VB 12% 13 12% 13Va *18% 19% 19 % 19% 19% 19% 19 7 20% 20 Va 20% 21% 21% 22% *21% 22 % 22 22 21% 22 600 37. 37 37% 737% 37% 37% 37 37% 37% 39 2,100 28% 28% 28 % 28% 28% 28% 28% 28 Va 28 % 28% 1,400 *136% 137 % *136% 137% *136% 137% *136% •137 Va *136% 50c preferred' 39 106 59 3 i ,40% common. 38% *105% 59% 40 % r.< 39% 105% 64 59% 25 38% 7%, 64 *135 -: 6% 105% 38-% 63 135% 63% *58% preferred *135 106 7% 62% No par .; *104 *109 6% , 6% *22 6% 638 *15% 16 V* *15% l&V* 95 95 94% 95 V* 95% 95% 64% 64 % 63% 64 V* 64 V2 64 % *15% 47% 54 • - 6% • 16 V* 105 105 47% 54 29% . *104% , 85 85 30% 30 % 48% 54 ' 29% 1 105% 6% 8 6% 6V2 *15% > • *104% 94 _> 64%- 65 106 1.800 16% V2 "i 94% 260 66 %> ?•• *104V2 8,600 6%. *15% 94 58,00( 137%" ?6% • 16 V* x94 64% 106 v 1.600 106 200 • 48 109 % Joy Manufacturing Co___ 6 40% - 39 Jones «fe Laughlin Stiel com—No par 5% preferred series A __100 6' *36 ■127/8 Johns Manville Corp com——No par Johnson & Johpson common—12% 4ft; 2nd- preferred series A___,_100 3 32% *99% 37 39% 13% - (F L). Co 1 Jaeger Machine Co 1 No par Jersey Cent Pwr & Lt 4ft? pfd—100 Jewel Tea Co. Inc common No par 3%.ftr preferred 100 1 101 37% 93 *13 •—20 Inc Jacobs 3 8% , 37 % 39 *90 1 _____ —— Harvester *172 No par 7% 8 Rubber——No par Iron Business $6 Feb 56, 6, 109% Mar 20 31% Mar 4 87% Mar *7% 46% 67 Island Creek Coal 17% Mar 16 95% Mar 29 70% Mar 107% Mar 7% 46% Mex, S International Telep & Teleg—No par International Utilities Corp 5 Interstate Dept Stoves No par Intertype Corp a No par 6 6 31% Mar 15 7% Jan 53% 66%' 7ft? 13% Mar 31 Jan 53% *53% 46% De International Shoe —No par International Silver common— 25 7 141 300 3,800 13,400 11%: 3% 24% 38% 92% 39% *7% 5ft? 4 - 40 I'' A— Electrica Int'l Rys of Ceht Amer com—No par 28 20% Apr 40 *99% *36 8% International 4 Mar 36% 32% Preferred 3 36 100% 35% 8^8 International Paper Co com $4 preferred 10 54% Feb llVa 3% 37% 7 37% 38%. : 39% 92 100% : 36% 32% International' Mining Int'l Nickel of Canada Apr 38% 14% : Apr. 5 >7 8% 4ft? 39% Mar 23 3 37%, 14 Va $.per share. •; Int'l Hydro-Electric Sys class A—25 Int' Minerals & Chemical com 5 10 7%; Apr 37%. . Wednesday 94 32 y« 7ft? Mar 2 f Apr 59% Apr 46% Jan 2,500 2,700 14%. 24 3i ■ 2,100 8% *14%; 11% . 3%. 38% 8% Int'l ■7% Mar 16 64 * 39% 53% *53% . 37% *91 *32% Int'l 4-' 106% Jan v 24.4 $ per share par Interlake . 24 29% Jan 136 A— — 6 73% 39% Intercontinental 16 24 133 - 14 13% Apr 37% 7 38 36 series Interchemical Corp common 4%ft? preferred—: Mar 29 Jan 37% 94 *35% ctfs Insuranshares 4 28% Jan 4 24%. Tuesday Apr. 4> t per share 38'% *99% Inland 11 14% Mar 37% 1000 stock Inspiration Cons Copper 18* 2% Jan 11 8% LOW AND HIGH SALE PRICES Monday Rayon-. : 1 Ingersoll-Rand common-. _No par 6ft? preferred— -————100 5 Feb 14%., 24 ■?' Apr. 3 37% *91 Industrial 12 Jan 37% 14 %, 23% 101 Industria 9 Jan 37% 23% 20 Indianapolis Power & Light—No - 172% Mar 24 Jun ; Feb 14% 14% Illinois Power Co common——No par 4.70% preferred: 50 Illinois Terminal RR Co 5 2 7" 14% 37% Centra^ RR Co commomlOo 6ft? non-cum conv pfd ser A—100 Leased lines 4% 100 RR 5 72% Jun 15 % 14%. : - 19 53% 55 ' v 4 Jun le1 38 8%; kit1 ; Dec Dec Jan 3,000 16,900 15% ; > 8%, 11%:' 11% 9 perthare - 53 Va¬ 37% 37% 23% 70 '49% 52% 15%, 11% Par v/'49'> 37% 14% 'r . . 1,700 15%. 11% Apr. 1 200 36 Va 98' 37 4 13% Saturday 52%; 8% 13% 4 49 3 g 1.200 31% •> . 97% 15% 11% 4% 4 49 100 11% 363 . 13% 23% 36 ^ ' *14% 15% 800 • 104 *31% 36% 'v 98 ' 11% 8% *11% STOCK 36% Jun 155 YORK -■ 116 , 15%; : 37? -/■ % EXCHANGE • 31% 3,300 34% ' 11% 31% *97., 1,200 t 43% 42%, 34% 49%. 36%! No par 1,900 36% 8% *14% 2,600 28% 34 ,*36 50 37 -1 Refrigerator Co 47 %v 15% 8% 15% * 36%. 36% 9 37 _6.66% — *15 15% T7%. 43% V ^ Xll% 31% 96% 36% 11-. 17 Va. *103 31% *8%, 11 115 36'% 36% 100 43% 12% 900 28%, 104 11% 1.400 17% *103 36% 36% 5,200 104 97% *15 600 26% 115 36%" common—100 13% *113% 97% 49 • 36% -is I6V2 26 ; 11% 115% 36% a—— 11% 10% v .'34 610 13% *103 v 31% *31% 32 43% 34% 73 28%. *28% , 57,400 *113% 11% >12 Va 12 Xl7 900 14% I6V2 , 14 .10% ; t 17 29,7 34% *114-f* 116 No par 10% 16% 29 V 43% i 34% 34% 115% Hunt Foods Inc 12 S per share ' : - -29 *114 27 10%. 17 16% 29 26% 11' *10 ;:'v 17 29% I: 300 20% 71% 26%, No par Finance common—No par 53 %.-,-. 13%. 16% 14% 17 *• 200 11% 16% *10% } 11% com—5 54%; 20 11% 26% 10 900 *54% 71%" *70% 2,500 *53 *13% 98 .A 9 per share 71% 600 1.200 44% 20% 13% *14% Lowest 71%; ;f!-' 33% 16% 13%; ,13%. • 130 , 43 Va 44 V*. 53% ♦20 13% 16% 5 ft? non-cum preferred— 100 Hudson Bay Min & Sm Ltd-No par Hudson Motor Car 12.50 ll%.Feb 21* 53% 53% 20% 13% 30 500 , 53 ; 52% *125%' 127,..; v 11% 17 Range Since Jan. 1 > ' Highest k 54% *20 ' Year 1949 54% v 721." - 54% ..53 20% 1-13% 33 44%: *54% < 44% 11% *29 com ——No par preferred 52 127-;:. *125% 44% 13%' Hudson 61 Manhattan Mar 13 52 ,/'<. V 400 .>. 16% 44% *96% Range for Previous Lowest v? 36 .■•; *42% 16% ' 26% Howard Stores Corp——„——1 Howe Sound Co —i—5 9 15% Jan 52 127 ' 16 16% 11%.Mar 13. 1 -51% *125% ■>:>■ 44% Houston Light & Power——-No par Houston Oil of Texas v t c—-—25 6 Jan 20 44% Jan 43% 16 11% 10 preferred— conv 3%ft? 49% Mar 16 53% Apr Co 33 *42-4 100 9 2 12 1% Jan- 17% Jan Jan 42 % Feb 13% Mar 2% 18% 1% May 10% Jun Oct Jan Houdaille-Hershey 38 % Feb 99% Mar 9 11% -• 8% Nov 34 Electrochemical *3274 15% 3.100 30 100 *103%, 104% 11% ——30 —12.50 $4.50 2nd pfd series A $4.25 preferred—— *35'% *13% >14% 5 ___ • •' 35% 3278'' 1S% 126% *98 43 *»£*/« 30 7.500 22% *29% *16%. - ———5 preferred— Mining—— Homestake 37% Feb -21 125% Feb 21 28% 7% 22% 30% 98 V2 103%. 103% 1,700 4.400 73,4. *34% 35 1.700 11 98% ' 20% 13% j. *13% *71 10 Co—i-—Ui— (A) & Sons— conv 13 30 *20 —1 Holly Sugar Corp—— 29% Mar Furnace 101% 94% Sep 9% Jun 4 23 80 1.600 72 *29% 104% *42% •• 15% 51% • 126% *44%'/ 53 Va *53 * 35 104% 32% 43 *■ 51% 51% *54% < 32% ' 15% 126% 44% 54% *44% 104% *42% 15% *125 —5 Paper Co„ 28% Feb 25 13 6 33% 43 15% 51 % 5 Corp-i— Dauch Jan Dec *32% *42% * common—_No par (Charles E>—; Hires Co 109 Nov 10 _Nopar 35% 104 104"% Heyden Chemical Corp 1 3%% preferred series A—_100 6 *35 36 *103% preferred——,_25 Motors—1 Dec 34% *35 100 common non-cum 116 Apr Jun ' 21% 22% ♦71 " 30 Hewitt-Robins Inc——_ 12% Jan 11 15% Jan . 8% 20 23% 98% FRIDAY 6% 7% 23% 10 GOOD 24% 10% *97% 500 i •> 150 , 6% *10% x30 1,200 21%, ... 24% 10% 30% _——— Jun 95 f 10% 97% 5 ft? preferred -100 Hershey Chocolate com No par 4% ft? preferred series A 50 4%% preferred series B— 50 11 14% 31% *147 . 6% 72 30% 5.000 CLOSED ' 104%' 21%, *71 / 400 EXCHANGE :J 77%"' *103% 71 ' 97% preferred 14% *12%, vl2% 25 It 6% STOCK . 23% " *76 150 25 31% Hercules 127% Mar 13 40% Jan 73 *147 . 98% (G 7% 54 % Mar 18 Sep Dec 22% 12% 77 104%. 104%,. 21'/» 21% 6% *30% — Hercules 3 53 9 71 • 12% 77 35 r 14% . - 25 * *97 % Helme Mar 10 45 100 72 150 - 6%, 15 3.65ft? 33% Mar 16 20% Mar 131 X24 6% preferred 100 (H J) Co common——25 Heinz 6 Feb > x.25 V 6 *71 3%% 9- 106% Jan Jun 20 *147 '25% 6 Glass Hecht Co common 5 26% Mar 12% 25% 25% 23 Va 3 ; 77 % 104% f 22 22 * 150 :* *147 150 10% 7% Co: 22 34=% 23%. 14%/ ,T4% ■ i 13 *76 *104% 6 common—-1 —100 1 Corp— Mfg ' 34% 23 14% *12% v 104% 21% 22 25% 13 104% *34 23% 14%. 77% *76 35 23 23 . "13 13 77% 104% *147 10 Marx preferred—:. Industries Inc Hazel-Atlas 33% Mar 16 Feb Dec 37% 98% Jan 23% Jan 34% Jan 52 & *34 14% •i; 14% . 25% 84 122% *12% 22% 14% 104% *21% com—No par 34% 34 23 *76 100 Schaffner Hayes Hayes 7 24% Jan Refrac Corp of America •4%% 10 No par 100 pfd—No par Co $4.25 preferred Hart 10 71% Feb 21. 11 (M A) 34 23 "14% a_5 corn preferred conv 6% 27% Jan 12 64 % Jan 20% Jan 40 Hamilton Watch Co 12 *'33% Cementing—5 Printing Co 14% Jan 23 125 Water (W F) 80% Feb 148 Jan Hackensack 107% Jan 5% Jan Oct 30 13% 3 Dec 9% Feb Jan Dec 68% 14 23% Jam Dec 7% Nov 6% Jun 5% Jun 16 76% Mar 31 104% Feb Feb 23% May 20% 4% Jan 108% Nov 18% Nov 142 12% Feb Dec 81 72% July 104 % 4 ' *109 48% 54 109% '48% - 48 3 55 55 55 r 109 - 109 a- *10.9 - 483* 48% -• *55 Va 55% 109 % f; 1,300 10 8,700 85%. 520 >29%. 5,800 2.9% 29% 29-% 29% 84% 85'/2 85 85 % 85 V*. 85 3 4 85 % 30% 30% 30 v* 30 Va 293a 30% 29 Va • 8,700 30 % 29% ; ; 29 % ;29Va - 49% 55%: ; 109 % *109 : K 8% Jun 94% Jan 100% 12% Feb 102 ~ Jan 14% July 10% Jun 17% Jun *13% Jun Aug 105% Nov *34% Feb 52 Jan 49% Dec 62% Dec 17% Nov 14% 23% 19% For footnotes see Jan Dec Dec 9 98% Jan 104% 25 Jan 9 46% Jan 12 59% Jan 26 16% Jan 3 12 Mar 23 20% Jan 13 16% Jan 30 page 22. Mar 24 11% Jan lo Kalamazoo Stove & Furniture lo Kansas City Power & Lt Co— 102% Apr 108% Apr 4 3.80ft? preferred— 9 i/s 100 ' 3 4 ft? cum preferred —100 57% Mar 25 Kansas 64 Feb 19 Mar 22 16 6 9 Mar 16 18% Jan 9 Kelsey Hayes Wheel Class B class A 1 i 9% *9 Va 9% 102% 102% 108 108, *9Vs." -9% : 9% *"9 3 3 900 108% 108% 54% 55 % 54% 55% 55% 56% 55 55 62 62 62 62 % 62% 62% 62% 62% 17% 17% 17 Va 17% 17%, 17 Va 17% 17% 12 Va 12% 12% 12% 12% 12% 12 12 Va 20% 21% 20% 21 21 21 21 21 21% 21V* 800 17 17 Va 16% 17 17 17 % 17 17 17 Va 17 V* 1,700 com__No par conv !, 102% 108 % 4ft? non-cum. preferred .100 Kansas Power & Light Co com—8.75 Kayser (Julius) & Co 5 13% Jan City Southern 9Va *101% *107 6 5101% 102%; '10234 103 V2 108% 108 % '103 . 104 '107% 108% 130 5d 55% 5,400 62 3a 62% 600 17 % 17% 3.900 12 12 Va 1.600 1 10 %' THE Number 4897 Volume 171 COMMERCIAL NEW Range for Previous ■ j t per share :f i':. it per share S per share •' $ per share •••-•v----'*•< , par Jun 56% Jan 49% Mar 30 55 Jun 48 % Nov 45% Mar 47 % Feb, 8 Kennecott Copper Kern County Land Co 16% Nov 15% Jan 3 24 Jan 13 221'% Apr 4 ?25% 90 Jun '10% 62 •» Jun Jun 90% 72% W 43 Dec Feb 98 Jan 43 Jan 60% Dec No par Kimberly-Clarke Corp. . 120% Mar 27 4% 2nd conv preferred 96 14 9 : , » Wednesday Apr. 5 Apr. 4- t per 494V 49 7/8 49% 50 * 46 Va 46 y4 46 % 46% 2038 217/8 22 22 20% „ 50. , Thursday Apr. 6 4% 29 .*115% 118 115%" 116 117 (17% *.163V *16% 50% 50% 46 Va *7oy2. 7iy2 *.*70 v "28% 28% '95 j 95% *41% 41% No-par . *55y4 55% —10 ; _ 100 ___ t „No par v '- *63 y2 > 29 ^ ,7iy*. • *95 28%: 29% 29 55Va: - *' 22 ■i1 29%. 9&y2 42 % 42 55 55 64% 65 :>/• 28%' 96 42 42 55% 56 64% 3,200 GOOD 29'4 96 65'/a Vtt 55 - 100 ' 71%. 42 64 Yk ; *70% 170 CLOSED 17% 96 1 3,200 EXCHANGE 28% *95 6,700 STOCK 118 *16% 65 4 > 1,400 71%,- 28%, ; ■ 118 18,800 22%, 29% 16% *70 Va ..*;?>■ 55yfl 63%. 118 ^ 16% 41% 55V2 63%" 64 y2 *116 117 95y2 • 42 • 28 »/8 28%: • - 96 < . 41 Va ■ 28% 28% y 28% 17% viWz 71 _—10 preferred 28 V2 Shares share 46% Vi S per the Week 51% 46% 22 y4 22 17% *17 v. No par Kroger Co (The) " 17 Sales for Friday ^pr. 7 , S per share share .■• 46% i y2 "*28% . 1 Kresge ( S S) Co Kress (S H) & Co ' • . 2 6 62 ' Jan 5 65% Mar 20 20. 59% Jan 16 Dec *. Mar 42% Jan Feb 55 • $ per share 46 i M9% 100 17% Mar 31 Kinney (G R). Co common 7JL% Feb. 6 <V.'> $5 prior preferred— 31% Mar 2 Koppers Co Inc common 40% Jan 27 r: Tuesday •' ' ' I per share 50 .46 No par com 93% Jan !"* 497/e 5 ; 28%; Jan 13 Dec .62% Mar 27 30 4 69% Jan - Apr. 3 ; ■ ,15% Jan 1ft 31%., Jan *. Jan 106 -16% Dec Aug Feb ,x35% 48% Dec Mar 255/e .. ■: Dec 107% 17%.Jun , . Feb 30 Monday Apr. 1 t per share Keystone Steel <te Wire Co___No par 11% Jan (1473) RECORD Saturday -- „ 40 l CHRONICLE LOW AND HIGH SALE PRICES EXCHANGE 39 r STOCK NEW YORK STOCK Lowest Highest , YORK FINANCIAL STOCKS I,, Range Since Jan. 1 Highest Year 1949 Lowest & l. 20 FRIDAY 2,500 >/« 1 2,600 * 1,700 ■ lw ■ ■. ■ * :.v ' • ...■»•'■ • • ... ,;•/ v ' •: t-. 1 ' 4% Jan 8 Oct 6% Feb 15 7% Jan 3 3 Ye Jun 6 Jan 3% Feb 11 4% Jan 12 17% Jan 20% Mar 21 22% Feb 6 Lambert 9% Jun IOMi Mar 20 12% Jan 9 Lane Bryant common 22% D-e Laclede - La Gas Light Co___ Consond ti'/o 4 (The)___'_ Co 43 I . 47 Oct 46 'Jan 25 19%. Jun 26% Jan 22y2 Jan 19 26 % Mar 27 37 Jan 45% Dec 40% Jan 25 47% Mar "7 16% Jun 22% Jan 23% Jan 9 90% Jan 98 Jan Jan 20 . 94 May Jan ■ 47V2 Jan 25 - 3 . • 3.85% 6% Jun 11% Jan •7% Jan 3 8% Jan 337/a Jun 49% Dec 44% Jan 27 50% Jan 3% Jun 5% Jan 4% Jan 3 6% Apr 5 1% Jun 3 Jan 1% Jan 3 ?y4 .'an In 21 - Jan 30 "* 6y2 Jan 30 15 Jun 47/e 24% Jan 15% Apr 4 Jun 8% Jan 5V4 Apr 56% Dec Jan 1 13 9% Apr 5 x41% Jun 8% Feb liy2 54 Dec 10% 10% 46% 26 V4 46%. 46% 21% cumulative preferred *98y4 99% 1 3 100 ' 4 *3% 21% 21% 21% 7Q0 10% 10% 10% 10% 10% lO.Va 10% 1,000 *45 % 46 Va *45 Va. 46% *45% 46% *45 Va 46% *26 26% 26% 26% *46 y2 47 21%. 22 99 99 r 47% No par 5% 1% 5% 1% 5s8 6 1% 1% Lehigh Valley RR._ Lehign $3 ' ; Valley Coal com 1st preferred—No par non-cum 50c non-cum 2nd pfd Lehman Corp (The) x57%Mar23 l . 11% Jan 10 5V4 *5% 56% 56 Va 21% *47 *21%, 100 *99. 40Q 47% 217% 600 • - 100 *99 9% *9% *47% 8 10 11.300 8VB 48% 600 6% 33,300 48% 48% 5% 6Va 6 6% 6% 2 1% 2 l7/8 16 15% .,15% 5% 5% 5% 57% 57% 57% 9% 9% 9% 900 48 V15% 10 8 7%. 1% - 15% 15% 5 y4 5% *5% 57 "97/e V *2-1%. 7% 48 16 15% 16 7% 47% 56% l 5 2 7% 5% —No par Lehn & Fink Products 7%" 8 16 48 500 26 »/4 26% *46% 100 4 ' 47% i: 26 26 21% *99 *47% Cement 3%. 47 .'47 21% 25 Portland 1Q0 3% 21 Lehivh 7\. 12,500 7 6% 4V8; 21% ' 7% 7 6% 7 ' V\ *3% *21 Lehigh Coal & Navigation Co____10 10 - .—5 common '• 21% *45ya *25%. 1 6%. • *3% *21% *10% . 1 Tire. & 7 4% 21% 21%' ____50 Lees (James) & Sons Co 99V2Mar23 24 Rubber 6% 7 *21% ..'1 4-%% preferred Lane-Wells Co .Lee 6% *3% No par __No par ' <11% Dec ,r ' . pfd___75 Pesos Mex 5% 56% 57 57 9% < 9% 9% 3,600 1,700 2 400 2,900 1 20 Va Feb 26 % Sep 21% Mar 10. 24Va Jan 9. Lerner Stpres Corp No par 22 % 22 y4 22 V8 22% 22%. 22 V8 22 22% 22 Ye 22% 1,500 44 % Jan 64 Dec 61 y2 Mar 69% Apr 4 Libbey Owens Ford Glass Libby McNeill & Libby Life Savers Corp No par 66 66 66 % 67 % 68 69% 68% 69% 68%, 69% 6,400 4,500 1 6% Jun 8% Mar 7y4Jan 3 34% Jun 37% July 35% Feb 8 72% Apr 91% Oct 83 Jan 27 Sep 170 Feb 186 182 Jan Jun 49 Dec 45 Jan 17 Jun 10% Jan x7% Mar 29 52% Jun Dec 60% Mar 19 Jun 28ye Feb x67 2 89% Jan 11 33 x6% 8y4 Mar 37y8 Jan 18 187 Mar 31 15 66% Jan 31% Jap 11 Link Belt 7 Lion Oil 21% Jan 27 9 Liquid Carbonic Corp Lily Tulip Cup . Corp Lima-Hamilton . 33% Oct Jun 17% Dec 17% Jan 3 Jun 78 Jan 73 Jan 13 81 16% Feb 25 Va Dec 23% Jan 13 29% Feb 27 Lockheed 18l% Jan Loew's Inc— Mar 22 3%%- Np par Co„ __No par Aircraft 29% *18y2 1 87% 14% 19'/a Jan 18% Aug Jun 15% 76 Dec 75 Jan 13 Jun 25% Oct 22% Jan 6 25y2 Jan 27 23"% Jan 27% Dec Jan 153 172 V2 15% Mar 31 Dec 32 Jun 30% Jan Jan 34 V2 Jan 25% Jan 15 Dec 41% Jan 31% May 207/e Jun 95. 167y2 Mar 10 Sep 22V2Mar 24 Oct 9.7% Feb 100 21V4 Mar Year 1949 . - . 17 ' -> 81 6 Mar 16 Mar 28 . 174 Jan 7% 28 99% Jan 5 (P) preferred- Lowenstein '-n * ' - 4y4% - 20"% Jan 18 (M> & Sons Ipc , 27% 27% -:.; STOCK / - 28% 15% 25% 25%. 27 V* 169 27% - 16 >. 25% 41 23% 23% 23% 98% 98% 98% 190 18% 18% 19 800 35% -35% 35 Va: 35% 40% 40,Va 41% 40% 40% *23y8 23.% 23% 23 Va 23% 24 23% *98 99 98% 98% 98% 98 Va 18% 18% 18% *lg% 18% ' v= - '• 18% 10,500 2,300 LOW AND HIGH SALE PRICES Saturday ; y,y ^ •/ 90 1,900. 35% 40%. 35% 39 *98 8,300 26% leava 35 35 Va 38 y2 18y4 1,800 ' 25 168% 168V4 169 169 1,4,00 25,600 17,000 1,200 77% 77 Va 25 7,400 19>A 28% 15% AC « 82 *79% 28% 35 V« v f . 18%. -V" 78 ' 51 ' EXCHANGE S. per share 30 18% 82 38 V4 _100 STOCKS • 29% 30% "■ 25 27'A -• .,.v .. 600 35l/8 10 NEW YORK | 27% 169 63% 78 78 Va 78% 24% •24%:- ?v. 27 Va 62% 15% 15% 24% 169 63.% 16 16 78% 24% 27% 12,700 28 15% 169 8% 28% 78 % 27% 100 8V2 27% 16 *168 150 *49% 8% *79% 24>/4 y. 7,700 50% 18% t 18% 82 y 78 V* s 86'A *186»A 187 186% <• 29% 30% >•' *79% 15% comj_l preferred series A . , feV 29% 18.% 700 86 ' 37 63% 8%;.: 63% 78 V4 y —100 _^ Lukens Steel Co .. Highest I per share Lorillara ; No par Co common_____^__l0 ; 19 82 7% 7% 37 8% *50- *24'/» No par 35% Mar 21 "^Louisville Gas & Elec Co (Ky) No par 4Louisville & Nashville— I——50 41% Apr 27% Jan Lowest $ per share Star Cement Corp___ Long Bell Lumber (Md) A 4 19 —L____r___1_No.par Lone 25% Mar -6 Range Since Jan. 1 - Highest t per share 3- 18y^ Feb 23 Range for Previous Lowest 11 • 50% 30% 18% *79% 186% % 186% *49 a% * X60 186 49 Va 7% 7% 7%;. 63% 27 % 27 y4 86 Va.. 29% 82 Corp__ 88% 63% 19% *79% 87%. 8% 30y8 f 37 *62% 63% No par com 36%- Va, 8 8y4 *62% 36 Va 187 49 Va 49% preferred_l_100 convertible 187. 1S7 8 7% 36% 87%. 87 Va 87% *48% 5 ——. 13% * No.par Corp Co 65% ■ *186 . 2 9% Feb 2 87% : 7% *36 36% ; 36% 7% 7% *36 Liggett & Myers Tobacco copi 25 ' 7% preferred i ._^_100 3 52% Feb . 7% 7 5 . < Par Monday >'■ Apr. 3 I per share Tuesday Apr, 4. tper share Apr. 1 I per share (Ape. A ■■ ;. : the Apr. 7 I per share I j>er$hp.r* t per s.har$., Sales for Friday Thursday Ape, 6 • Wednesday /; Week Share* M " 9% Jun 14% Oct 31% Apr 42 Dec 131 Jan 9% Jun v 430 Feb 3 139 -.fl .. Mar VMar 27 M & M Wood Working Co__—5 MacAndrews & 14 Jan 17 Mack Trucks Jan 32 Va Jan 9 Macy (R H) 102 Apr 3 9% Mar 27 Mar 30 15 105 Jan 20 12%, Apr 17 Va Jan 4 Jan 10% Jan 3. 20 530 'Feb 17- 550 11 Dec 15% Jun 18% Dec 6% Feb 10% Apr •17% Jun 25 Dec 6V2 Jan 8% Dec 161A Mar 18% Oct *138 9 Mahoning Coal Jan 7 —— 12 29% 102% 102% 12% 12% 9% Jan 11 5 19 % Feb 23 Manhattan Shirt 8% Jan 11 Maraqaibo Oil Exploration Jan 3 31% Mar 11 Marathon Corp 8% Jan 3 x9% Mar 15 Marine Midland 18 % Apr 5 19 Market St Co *138 , >* 30 < ; *15 17% "V 12 Va 12 Va • 127/a 29% 102V2 *102 102% ,• 11% 29%12 ,. 11% 15% 17 V4 18% 570 *525 549 V4 177/a. 15% 15% 15% 15 17% 17Va 17% 550 *525 549 : ^ : • 16% Apr 7 ? 25 . 7% No par *7%. *16%' 17% 7% 7% : —1 6.25 5 *27% 27% . 7% : 8 *7% 8% 1-—5 7% 7% 7% : Jan 5 Ry —— : Corp— prior pfd 6% 7% 7% 7% 7% 8 *7% *7»/a 8 17%. 16% 16 V* 16 Va 16 Va ' 7% 7%, 7% 7% 7% V * 16 V4 7% 287a 28% 28 y* ,28% 28V2 .*7% ' 9 Va. 18% 100 *16%' • 7% . 28 28 9Va 9'A- 9% 18% 18% 19% Dec 23% Jan Jan 104 Dec 102% Jan 3 7% Jun 12 Apr 9% Jan 13 Apr 24% 25 27% Feb 106 10 Mar 23 15% Apr 6 Marshall Field &; Co com (Glenn. L) 10% Feb 13% Jan 11 Mar 27 Jun 59 Dec 56 Jan 13 13% Jan 63% Feb 11 39% 3 Jun 19% Jan 13% Apr 3 16% Jan 9 Master 48 Dec •47% Jan 13 55 Mar 22 179 Mar 29 Co 18% 26% 106 27 26% 104% 105 105 V4 14% 14% 9% 9»A 18% 18 Va 26'A - 34% July 170 Feb 38 Jun Aug 49H; Dec 89 Jan 98% Dec 98 89 Jan 98 Dec 80 Feb 88 Dec 87 Jan 7% 30 Jun 179 12% Dec May 45 •":' Dec 19% Mar 25 Jan Mathieson Feb 3 % Jan 30 50 Feb 9 Apr 6 100 Jan 12 $3.75 97% Jan 4 100 Jan 30 $3.75 cum pfd 10 90 Feb 18 $3.40 11% Jan 3 17 Apr 42% Jan 13 52 Mar 28 6 7% May preferred McCall McCord 36% 90 Jan 29% Jun 45% 24 Feb 100 Dec 33% Mar 24 Dec 100% Mar 11 Dec 42 Feb 36% Mar 103% Jan 28 3 18 43% Jan 27 52 % Mar 16 Corp Corp common 11% 11% 11V4 Apr 30% Jan 14 36 Mar 60% Nov 52 Apr 1 58 Jan 3 41% Dec 38% Jan 13 42% Feb 10 59 58% 14 *13% 50% 50% 50% 51 52%. 53 52 181 *179 *178 49% 92 % May 102% Dec 99% Jan 25 Dec 26 % Jan 9 McLellan-Stores Jan 9 McQuay Norris Mfg Co Mead Corp common 21% *21 21% *40. 41 *48% 35 *34 Va 52 *102 No par Dec 25 Feb 10 13% Jan 11 Jan 3 Jan 42 Jan 13 44 Jan 15% July 8% Jan 14% Jan 16 16 Mar. 17 7% Feb 7 27 Apr 43% Dec 39% Jan 13 90 7% Mar Jan 99 Dec 96 Mar 21 130% Dec 120 Jan 17 23% Jan x20% Jan 40 Dec 37% Feb 105% May 18 July 30% Jun Jun 13 Oct 38% Feb 23 Jun Jun 48 21 3 105% Jan 20 15% Mar 9 9 43% Mar 24 Middle 5 139% Mar 7 139% Mar 10% Aug 12% Jan 7% Jun 12 Jan 43'/a Feb 63% Nov 131 Jan Mar 66% Jun 104 Jan; 101 Nov 101 Dec 108 Dec 10% Jun 14% Jan 67 % Jun 80 16% Jun 22% Feb Nov page 43% *43 Va 433/4 15% 43.% 15% *43 V* 15% 15 Va 15 % 3.500 No par *7% 7% 200 42% 42% 2,800 50c common preferred Co___ 5 Petroleum Prod common 8% 1st preferred 17 Minneap & St 11% Feb 21 — Minn St P & SS Marie Jan 4 74% Feb 27 5 36 Va Apr 3 Jan 10 106 % Apr 3 96% Feb 15 102 6 99 106 Mar Apr 108 Vb Jan 5 11% Apr 15% Jan 9 72 81 6 Apr 18% Apr 22. Apr Jan 22 % Jan 10 34% Mar 20 7% 40% Louis Ry Minn-Honeywell New '3.20% 122 122 23% 124 23% 23% 123% 124 24 •• 24 40% 41 41% 417/a 41 104 % *104 104 Va *104 41% 7% 560 800 1,400 Va 41% 104% 104% *107% 109% 30 133/4 3,000 5.800 *40 41 108% *106% 108 Va 108% 108% 13% 13% .13% 13% 13% 13% 41% 40 % 40% ' 13 Va 110 42% 43% 19% 19% 19 Va 19% 19% 19% 19% 19% 19% 20 13,300 5 *31% 31% 31% 31% 31% 32 31% 31% 31 Va 32 2,200 100 134% 134% 134% 132% 133 12% 12% V'*41 'V- 12% V 9% 71 12% 10 100 134 12% 9% 35% 105% 134 12% 10 ' 40% 133% 12% 9% 41% 133% 12% 10 41% 134 Xl2% 10 42 Va 10 9% 140 12% 1,700 10 1,900 35% 5,500 300 71% ——1.50 106 106 36% 106% 35% 106 36 Ve 106 34% 105% 353/a 106 35'A *106 100% 100% 100% 107 Va *106% 107% *106% 107% *106% 107% *106 % 11% 11% 11% 11% 11% 12% 12% 12% 12% 73 73 73 73 72% 73% 72 73 *100 100% 100% *107 101 100 25 *18% 19Va *18 Va 19 Va *18% Minnesota Power & Light Co_No par 32% 32% 32'A 32% 32% preferred 24 104% 106% No par No par conv 126 24 24 90 97 126 124% 13% No par 1st preferred *95 97 108 % No par preferred ' 42 104% Minn Min & Mfg common 2nd 41%; *95 96% 13 Va Minneapolis-Moline Co common—1 $1.50 7% >: 7% 417/a *95 *106% 100 $5.50 *•7% 41% 41% 96 Va *104 pfd series A $4 17% 41 '*95 15% TOO pfd_100 Regul common—3 —_ conv 40% . 97 44 • 104 4,_10 No par Utilities Inc 14% Jan 61 40%' 15% 5 3 32 For footnotes see 43 l5Va *7% 9% Mar 22 11% Jan 34 % Apr 87 42% 2nd Steel 400 210 Transp Co Min South 37 15% Mid-Continent Midland 88 37 43 V* Copper 7 *87 37 *15'/a MetropSlitan Edison 3.90% 4.35% preferred series 3 88 *35% *43 Va Machine 20% Mar 87% 37 1 24 32% Mar *17% 88 *35% —3% *23% 3 18 *87 Inc common 1st No par 13 *17% 36% preferred—60 (The) Stores Co Merritt-Chapman & Scott 17% Jan 17% 88 36% 17% *87 3,200 121 % 28% Jan 2,500 11% 121% Dec 2,000 18 26 No par Dec 500 12% 17% 11% $4 18% 25'A 12% 18 25% *95 34 25 13 11% No par Miami 24% 12% 25% *" 109 % Jan 24% 13%. 11% 43 Va Mar 17 107% Mar 31 25 13 25% 18 101% Feb 25 13% 11% 1 Feb 25 257/« 25% Feb Jan 200 11 Va 25 Dec 102% 25% 3 14% 1,400 102% 11% 129% Feb 110% 900 393/4 25% ; $3.50 preferred Mesta 52% 39% 11% Merck & Co Inc conv *51% v 25% convertible & 36 % 34% 600 11% Merch 7% Jan 98 34% 1,100 25% 3 104% 18%' Jun 124% July 17% 88 "102 20 103 48% *48 102 103% 1,500 HVa 3 Oct 14% 5% Mercantile 102 *102 130 34% 25%. 18 Jan 37% Mengel Co 103% 103% 700 V 41 *102% 52 40 1,100 21% 1 Melville Shoe Corp Jan 97 % 8% 12 52 40 r 200 24 34% 34 52 50 17 3,000 43»2 Feb 105% Jan 12% Mar 15 *33% 35 20 :-.:v 21,000 21%: 48 280 ;•.''; ;;' 23% *40 102% 48 40% 17% *35% *34% 102% 52 88 • 35 i- 40% 13% _No par >102%- 102% 47% 48% 33% 52 *24% 4%% preferred (1st series)—100 49 34% 41 14 4% 2nd preferred (1st series)—50 34% *50 34 40% 25 27 23% 52 *13% Mar 22 23% - 51 16% 16% 50 52 *24% ;______ 15% 50 16 51 40% 1 Jan 24 Co 15% *50 33% 102% 10 38 49 89 40% 91 Jun 89 23% 6 Jun 89 40. 5 Jun *88% 23% 21% Jan 7% 89 40 32% Jan 12% 89 21% 82 34% 99 23% Oct 9 *98 21% Jan 27% Jan 99 40 Nov Jan *98 23 Va 34 % 20% 99% 98 *88% 2,500 2,800 49% 99. 40 Va *102 1,300 'r': 182 *179 98 21% 48'A 900' 99 23% 102 Va 'i 54% 98 *40 48 1,200 14% 49 V* *20% *102 16,700 . 59 49% *23% 33% 60 V '•,: 11V* 53 " 33% ■■■■■■ 15% 99% 15% *33 6,000 27% 49% 50% . 2,700 1,150 9% *98% 50% 14% 900 • 18% 58% 182 4,200 7% 50 14% 14 % 600 17 28% 49.% 51 * 8 99. *50 17% 18%. Mar 22 *178 *88% 93 % Jun 16 10 1,400 7% 49% 89 *40% — 13,200 18% 99 *88% 12% July . 181 99 70 Va May 17% Mar . *98 28% 25 49% *98% 23% Jan 23 12% Apr 5 14% Jan 3 xl3 *178 181 - 49% *98%' *98 ' *34'/a $4 preferred— 16 1,500 "IF" 14%. 52% 99 No par 5 PublishingMclntyie Porcupine Mines 4,000 11 % 59 13% McKesson & Bobbins Inc com____18 McGraw-Hill 15%^ i 11% 58% 14»4 58% 13% 1 34 19% Feb ' Jun 11% 58% McGraw Electric Co Jan Mar 29 11% 14% 1 3%%. convertible preferred—100 30% 103 11% 58% common- 41% Jan 1 11% 50 Corp 200 FRIDAY 12%,: 105 105 15%,.:- 14% Preferred -McCrory Stores 28% 27 No par 3 Maytag Co common $3 preferred 24% Mar 17 Mar 22 pfd.^ *18%. 105% 147/» 15% *58% 1947 series—No par cumulative 23 % Feb 27 40 14%. No par No par No par preferred 16 21% Feb *105 14 No par 100 5 No par Corp Dept. Stores common 20% Mar 11 30% Mar Chemical 46 26 Va 105 % —1 Co 175 14 .No par No par Martin-Parry Corp Corp Electric 26 Va, *104% —100 1 : Masonite 11% i:, No par 4%%, preferred Martin 9Va 9'A 18%. 26% 9% 18% ' 95% 3,800 550 *525 4 « . , 10 14,000 GOOD 30 102% *102 Ve/:-. 500 700 CLOSED . ' 1 : *102 15% 17% 18 570 136% T2Va ll7/a 29% STOCK 40% 136 Va " 15 15% 12V»i 29% ' *525 141 12% *39% 141 11% 12% 12% * 40 EXCHANGE 12% 13% 40% *12% *138 29% 102 102 • ' 14 •v;;::>7-% Mar 30 9 11%' 29% 50 Feb 4 12 29% Co RR 12% 40% 11% --.100 No par —10 1 preferred series A Square Garden Magma; Copper • Magnavox Co CT^he) 11 12% 40% 141 5 4%% Jan 40% *138 No par 1 com Manati. Sugar Mandel Bros 7% Jan Aug 9 40 141 Madison Feb . 12% 40 % 12% • 40 ——100 ; Inc Co Inc 12% *12% common—10 Forbes preferred 6fk 11%, Mar 31 Dec ,19% Jun ' 6% 41% Mar 24 3 6 29 % Mar 31 Jan 20 38% Jan 135% Mar Jan 13 13% Mar Jan 104 Ve- Dec Jun 5' r 15% 33% Jan 8% July 10% Jun <r , 139 <-i Oct 27%. Jun 95% 11% Feb 28 100 72 19 18% 18% *18% 32% 32 32% 32% 107 240 102 2.300 107% 13% 72 19 32% . 12,300 610 200 4.300 \ 18 (1474) COMMERCIAL THE Range for Previous t per share 38'% Range Since Ian. 1 Highest Lowest f S per share Jun 54% 7% Jun 10% 3% Jun I per shar« Jan NEW Highest t per share 46% Jan 25 9% Jan 3 3 Jun 25"% Mar 21% Jan 3 3% Aug 5% Aug 4% Feb 10 25 Jun 35 Jan 30 Apr Jun 12% Dec 11% Jan 13 35 Jan 7% {Missouri Pac RR 9 Mohawk Jan 26% Nov 24% Jan 13 27% Mar 20 57% Dec 54% Jan 13 101% Jurj 114% Dec 1JL0% Jan 13 62% Apr 6 120% Mar 22 103% Jun 113 Dec 112% Jan 117% Marl6 Jan 14% Jun 59% Mar Dec 12% Jan 13% Fen • Monsanto $3.25 $4 23% Mar 25 59 Mar 30 Feb Chemical Montana Power Co ' Dec 13% Jan AJ 15% Feb 6 Jan 18 11 20% Jan 18 26% Dec 23% Jan 3 41% Mar 27 Jun 27% Dec 26% Jan 3 32 Motor 15% Jun 23% Dec 21 % Jan 3 23% Jan 11% Jun 17% Jan 13% Mar 25 17% Jan 7 Mueller Brass x9% Jun 14% Jan 12% Jan 15% Mar 4 Mullins Mfg 9 Dec 38% Oct 11 Jan 9% Feb 2 50% Dec 49% Jan 13 112% Mar 110% Jan 3 Feb 108% 10 Jun 15% 15 Jan 13 39 July Dec Oct 36% Jan 51 30% Mar 41 13 Jan 43 Mar 23 18 10% Jan 12 52% Mar 113 (John) & Murphy 30% 8% 9% 30% 30 30 *30% 11% 11% 30% 11% 11% *11% 12 26% 26% 26% 26% 26% 27 27 60% 59% 59% 53% 60% 61 62% rll9% 120% rl20% 17% Dec 112% *113 114% 120% 113 113 1.000 115% 115% 12% 12% 12% 12% 121/a 12% 12% 12% 21% 21% 22% 22 22% 21% 22% 4,200 22% 22% 54% 55 55% 11,900 55 55'% 14% 13% 14 14 14 18% *18% 19 55% 54% 55% '■$ 14 13% •*18 18% *18 14 18% 100 11,300 40 40 39% 40% 38% 40% 38% 39% 39% 29% 29% 30 % 30% 40% 29% 31 30% 31% 31% 32 23 22% 23 23 23% 23% 23% 23% 14% 14 14% 13% 14 14% 14'% 15% 15% 15% 15 % 15% 2,800 15% 15'% 10,900 Inc C) 1 & *49% -112% 10 17% *38% common com preferred E) *9% 5 100 50 (G NashviJle National Acme 8% Jan 14 32 Jan 3 Dec 23 Jan 13 Jan 9% Jun 10% 9% Apr 7% Jan 3 Dec 18 16% Jan 13 22 Mar 29 Bros Nash-Kelvinator 9% 9% 10 50% 50% 9% 50% *112% 18 17% 39 39% 51 112 *9% 9% *50% 112% 9% 51% *111 9% 51% 112 & National 13% Dec 12 Jan 13 15% Feb 24 National Jun 41 Aug 36 Feb 24 6 National 40% Battery Dec 43% Apr 39% Jan 17 170% Mar National Biscuit 185% Sep 4% \ Jun 30% / 5% Jun 7% Mar 36% Jun 5 Jun 12 17% 17% 17% 18% 23.100 *39% 40% 39% 40'% 3,100 45% *44% 45 '% 45'% 45% 400 9 8 Jan 8 National Can National 8% Jan Container 3 3 44% Mar 23 17% Aug 18% Jan 5 National Department Dec 22 Jan 13 24% Jan 7 National Distillers 14% Feb 9 Feb 20 11% Jan 13 Jun 19% Dec 17% Jan 13 86% May 25% Apr 95% Dec 94% Jan 11 38% Dec 35 Jan 10 180% Jan 3 169% 135 Jan Jan 5% Mar 14 Jun x% Jan Sep 152% 7% Dec •19% Dec Jun 19% 183 \l 26 X150 Dec Jan Jan Jan % Feb Dec 23% Jan 35% 21% Feb 15% Dec 19% May Dec 86 x80 28% Dec 26 J> av 25 13 H Jan 4 25% Mar 24 31 38% Anr 71% Jan 38% Dec •>0 V4 9% Jun 12% Anr Jun 13% Nov / 1 Range for Previous V Year 1949 Lowest Highest t per share preferred ^nv9 .T«n 11 2 Sugar 37% 185% 37% 37% 37% 37% 37% 38 3.400 *185% 186% 185% 185% *185% 186 7 7 "•■; IVs 6% 7 38% 38% 39 8% 8% 8% 3,300 8 7% 8'/4 13,000 2j 28 Natl 11% Jan 3 /4 maC NEW $ per share t per share 12% Feb 28 Nehl 13 177/« Feb 10 Neisner Mar 104% Feb 10 4% % 39% Nov Jan 102% Oct 37% Apr 100% Jan 4 10% Jan 3 10 Mar 30 14% Jan Jan 9 105% Feb 16 40 1 Feb 27 102 Feb 27 Apr 6 67 Jan 9 Mewmont 11% Feb 8 15 14% Jan 26% Mar 29 29% Jan 24% Jun 33% Jan 25% Mar 31 30% Feb 13% Jan 11% Jan 3 3 Jun 102% Dec 98 Jun 142 Dec 135 Jan Jan 13 % Jan 4 Dec Feb 61 Dec 56 Jan 26 Dec 250 Mar 220 9% 23% Mar 29 20 i 4 15 Feb 86 Jan 145 < Jan 4 % % New N 9 N 34 % Jan 6 New 63% Jan 18 Y $5 Air York Y St 39% 39% 39% 39% 39% 39% 40 9,300 183% 183'/8 183 % 183% 183 % 183% 184 330 17% Mar 21 19% Mar 29 28% Apr N Nov 95 Jan 9 100 Feb 21% Jan 23 24% Mar 23 29 12 91 12 19 27% Dec 25% Jan 3 14 Jan 9% Jan 4 Jan 9 31 20% July 39% 40 11% 11% 1.000 10 10'A 7,800 39 38% 38% 39 39 39% 11% 11% 11% 11% 11% 11Vz 11% 10% 9% 10% 9% 9% 10% 18% Jan Jan 10% Jan 16 13 37% 1 6 com preferred RR Hart series 50 18 32% Mar 28 Jan Oct 21% Feb 23% Jan; Dec 5 16% Mar 25 Oct Jan 1% 4 13 12% 12% 12% 12 68 V* *68% 68'% *68 26% 26% 26% 26% 27 27 Va 27% 26% 26% 26% 26% 26% 26% 27 14 % 14% 14% 14% 14% 15 14% North 57% *211 3% Jan 13 tNorwalk 16% Jan 17 Norwich 3.900 14% 110 26% 26% 1,500 *56% *211 103 103% 138 138 138 58 58% 220 *211 34% 34% *101% 137 123,300 14% 14% 103 102% 103% 137 138'% 138% 400 1,500 16 16 16% 1.600 30% 30% 30% 740 60 60 60 60 60 220 220 220 *211 220 9 810 10 9% 9% '9'/4 9% 7.000 34% 34% 9 34 34% 34% 343% 2,600 3.500 19 19 18% 18 % 18% 18% 18% 19% 28% 28% 28% 28% 28% 28% 28% 28% 97% 97% *97'% 98% 98% 98'% 98% 99% 991/4 99% Corp com_No par 22% 22% 22% 23 22% 23 22% 23% 22% 23% No par 27% 27% 27% 27 Vz 27 Vb- 27% 27 27 V* 27% 27% Ry _ 10 lo 100 *89V2 95% 91 No par No par Inc common—10 97 103 103 91 *89% 96 102'% 91 97 800 103 60 40% 42 41 42% 41% 41% 5,400 11% 11 Vb 11% 11 11% 11 11% 11% 11'% 13,500 34 48% 34 33% 33% 48 Vb 48% 27% 48% *27 27% *33% 33% 33% 33% 33% 600 48% 48 Vb 48% 48% 49% 10.700 27 'A 48% *27 27 Vs 27% 27% 27% 500 20% 20% 20% 20% 20% 20% 20% 22,400 12% ' 20% 12% 12% 12% 12% 13'A 13 "a 13% 13% 13% 79.800 *84% - 85% 84% 84% *84% 84% *84% 8^% *84% 85% 20 y, 20% 38% 38% 38% 39 38% 39 38% 38% 21 21% 21 Va 21% 21% 22% 21% 22 11% *95% *107 10% 12 12 12% 12'/« 12% 12 12% , 38% 21% 12% 39% 50 7.000 . 22 47,300 12'/4 13.300 96% 96% 96% 96'/a 96 Vz 107% *107% 107% 107% 107'% 10 »A 10% 10% 10 y2 10% 10 % 10% 10% 9.400 17% 17% 17% 17% 18 Va 3,500 26% 26% 26% 26% 10% 96 VB 107 96 % 107 »/8 96% 107 96% 107 700 370 : ' 17% 17% 17% 17% 17% 50 24 27 26'/4 26% 26% No par 2 2.50 14 Co *96 103 40 25 Rubber *89% 95% 95% 103 Co (Minn)— No par Pharmacal 91 103% 39% *27 50 Co 95% *103 6,500 38 *33% 1 Co *89V2 95% 410 37.300 10% 4 : 91 103% 5,200 V 38 • 25 Ry Airlines 95% 1—25 com Aviation Pwr *89% •103 2.50 1 '-?•:- ' 100 Co & 2.600 FRIDAY 4,100 28% ; Tire 57% 220 103% 345/8 4.6% preferred Northwestern Telegraph 16 17,500 GOOD 27% 18% $3.60 preferred $4.80 preferred 13% Mar 29 CLOSED 27'A wo Common Northwest 12% 28% Western American 20 68'% , 18% ; American 10 8C0 EXCHANGE * 101 34 Adjustment preferred North 59% Corp— Gas 9% Mar 30 12 Ya 68 11% 1,100 STOCK 106 58 1 Gas Pwr A & 12% *102 59% 12'A 9% preferred Mlik 12% 106 No par & Pacific Oct 59% 681/4 9Va A new Natural Mar 22 12% *102 12 9% Shipbldg Corp partic stock Northern States 13 60 68 V* 9 State Elec Northern 96% Apr 3 109 % Mar 24 12% 104 12% CollOO Y 22% Apr 5 101% 69 100 RR Y Ry 3 *100% 26% No par Co—: & Central 2 101% 101% 30 'A Northern Apr 0072 30 Northern 10% Jan oO'/z 28% 39% Feb 23 93% Feb 38% 1,700 15% 38 for Shares 104% 28% 84% Mar 13 107 15% 104'% 102 59% Sales the Week $ per share 10% 15% 104 Vz 38'A 12% *100 59% 10% 15% 28% 5 rw>c 12% 104 11 Friday Apr. 7 *io3y2 28% 13 Dec > 59 »A 10% Apr. 6 tper share 15% 38 V* *101% Thursday «hare 104 >% 28% 78% Jan 109 % Mar 12% *100 37% 102 % ver No par 35% Jan 4 12% 60% 10% 15% *103 1,200 PRICES Wednesday 26% No par common Feb 3 37% 10% 15% ' Apr. ,7 I per share 104'% SALE Apr. 4 : *15% Dec Jan *12 > 101 % 104 *68% No par 85 17 12% •'60 100 24 15% 103 102% *100 Tuesday ■ 11 11 15% 37% 100 6 11% 10 AND HIGH >1 f per share 104% *101% 10 Co 39% Dec 10% *15% *103 No par preferred 13% Apr Apr. 3 < per share —...» preferred—— 21% Feb Monday Apr. 1 preferred 27 /' LOW Saturday 3.60% Feb 600 10% 3.90% 5 26% 11% 16 Class 26% 39% V 15% Niagara 300 26% *26 39 3.40% 3 26% 15,600 1 97 Apr 6 103% Mar 20 / *26 37% 73C 100 31 4% 26% 24% 37% 12,000 common 75% July 14% *26 3.900 24% 17% Norfolk May 26% % % ** 37% 25 74% 53% Mar 11% Mar 26% o 16% 37% Mar 27 36% 37 VB 74% 28 Dec 24% 38'A % 74% 6 1 % 25 y* 37% 4,500 16% 3 30% *24% 37% % 3.900 73 26% Jun 20% % 25% 36% 10 8% 20 16% 48% Apr Jun % *24% 36% 156 8% 20 72 Jan 13% ft 25% 8% 20 17 Jan 12 % 35% , *155 156 8% 19% *24% —_ Mar 29 42% Apr 11% Apr *155 8% 20% 15% $3.75 „ 156 % 19% 15% Common 15 8 20% 15"% Preferred 5% 5 *155 8 19% 71% 28% Jun 156 8 8 19% 40 16% 59% 7 *155 155%, 98% 17 Sep > 8 19% York 36. Apr 95% 155% *15% 4 19% 11% 183% 19 *97% 74 Mar Feb 39 183% No par Harlem 5,900 39% City Omnibus Corp non-cum 2,800 39% *183 *136% Y 9'/a 19% 19 99 136% Y New Haven 9% 18% *97% 100 & 9% 9% 19% 98% 136% N 4 9% 18% 98% 100 N Mar 9% 21.500 16% 47% Apr 9% 23% 73 13 Sep 9% 9% X22% 17 Jfln 8% 23% 74 2R 84 2,100 16% Dec 107% 7,500 15% 100 10 Jan 30% Jan 19% 43% 14% 73% 30 Jun 43% 15% 23% 18% No par 21%' Jun 11% 43% 14% 23% 100 Dock 3,100 43'/a 15 23% A 10% Feb 27 232 Jan 11% 9% 43% 14% 23% 99% Noblitt-Sparks Industries Noma Electric Corp Nopco Chemical Co Jun 43 14% 23% 18% Co series 3 98% Jan Jan 43% 42% xl4% 15 23 % 100 Louis preferred 21 93% Jan 8% 42% 14% 23 % No par Brake- Feb 86 % J.n Jan 42% ' 99% ; Central Chic & 6% 18% Feb 26% Jan 15% 11 18% preferred 7% Jan J&n —u 26 10% 99% Mining Corp York New 4 N 16% May ; 6% Jun 11 Newport News Ship & Dry Dock—1 10 33% 96% 10% England Elec System 1 Jersey Pr & Lt Co 4% pfd—100 New 4 Apr 110% Feb 28% Mar 30 15% New 68% Mar 16 Mar 28 30 Jun 10% _1 com Newport Industries 66% Mar 14 Jun 10% STOCK J) 58 Jan 5% (J 102 Apr 21 10% 18% preferred—^ Dec 72% 205 Newberry Co Dec 35 48 10% 100 Dec Jun 10% 3,600 *98% common 14% Apr 20% Inc 67% 14% 10% : 1 preferred 102% Jun 7% 1 Bros Jun Jun 10 YORK Feb 65 56 8% 7% 10 Mar 13% Mar 23 23% 117% 9 7% Pa com—10 Fibre xll% Jun 8% 7% 230' 3,400 100 Jan Dec 38 9 7% 5 Corp 3%% 38% 8% 7% For 102 % Mar 10 V 3.400 No par 10 t per share Dec 13% Mar 38 8% EXCHANGE Dec 9% 38 7 38% STOCKS Range Since Jan. 1 i Highest 14% 9% 37% 8% 7 6% 37% 7% No par Co Lowest 104% 94 7 '/a No par Vulcanized Natomas Jan 42 7 National Tea Co 12% Feb Jan 8% 186% No par Co (The) R Jun 93% *185 1 preferred 4 9% 29 Ref National Supply 12% r 37% 185 % Corp 82% Feb xl01% ; 1.100 37% 100 Service 4 *u 11,500 37% & Steel Cast—No par & Lt ex-dist No par 14 la 21% 15% B Linen National 9% Apr 21% 43% 100 2 1 * 9% 6% 4V2% 21% 21 15 Vb com Feb Apr 21% 20% 21% 10 National Shares Corp National Steel Corp new 28 21% 20% 170 43 Natl Malleable Power 8.700 15% preferred A Natl 8% 43 common 7% National 8% 14% Stores— 4 Mar 22 15% Feb Jan 8% Mar 25 20% Mar 16 8% 42% Prod Gypsum Co National Lead Co 155% Mar 28 4 25 8% 15 % $4.50 preferred Mar 20 8% 42% Enameling <fc Stamping—12.50 National 8 41% Mar 27 184 11 7% Jan 18 19% Mar 16 100% Mar Nat'l 8% 14% National Dairy Products 14% Mar 30 22% Jun 8% 42% Co Jun 7% xll% 600 8% 8% 1 Feb 27 24% 14% Co Feb Jan 24% 42 % Register.: No par National City Lines Inc———— 1 17% 38 41% 24% 41% 24% *41 '/a 24% 14 % National 13% Dec 41 % 10 27% 39% 41% 24% 41% i. Gas 64.800 41% 24% -100 Cylinder *41 41 24% 14% preferred National 19% 20% 28 17 19 Vb 41% 15 12% Jan 19% 20% Feb 10 19 *14% *41% 8% Jan 4 7% Jan 10% Jan 19% 4 common Corp 19% 25 8% Cash 7% • , 19% 5 » Co Jan 160 18 40% *44% Inc—l Fibres Co.rp Co 39% Mar 23 32% Feb 23 Jan Aviation 186 9 6% Mar 29 Nov 8% Aug 9% Jan Jun 9% 4 . *24% 1 Automotive Jun Jan 18% 2,000 111 40 44% 18"% 300 ; 52 111 41 41 1 Airlines 30% 37% Apr 181% Feb 100 Louis St Co 28 18% 5 800 17% 40% 44 9% 50% 114 17% 114 45 45 No par Corp Chatt National 4,600 15 4 Dec 24% 3,700 *18% 14% 25% Feb 32% 7,700 • 14 18% 22% 42% Mar 27 Jun 400 12% 21% 14% 19% Apr Jun 5 600 13,300 15% 9 22 300 FRIDAY 23 Myers 17% 1.000 GOOD 15 Murray Corp of America 4 12,600 CLOSED 14% 45% Feb 16% Mar EXCHANGE 120% 112% 120% . Jun 31.400 / 59% t 10% STOCK 1 preferred (F 9% 1,600 1 13 4% 8% 9% 30 Co 18% Apr 6 40% Feb 24 10 24.000 30% 18% No par 5 13 Jan 1,700 6% 29% 56 •- Corp Co 4%% 10% 6% 14 3 Munsingwear 7 Mar 17 10% 6% 54% 5 Corp Motor Wheel Corp 56 10% 12% •: _No par Products 30% 55% 30 122 for Shares 6'/a 11% 115 -No par ^ Sales the Week 10% . *26% 59% Friday Apr. 7 S per share 54% 6%: 8% tper share 30% ; ' 5 Motorola Inc 16% Jan 27 *119% -No par Co 13% 23 Jun *26 59% Co Lines Morrell Jan Jun 11% 9% 8% 30 % 11% No par Montgomery Ward «fe Co Moore-McCormick 10% 14 9% 30% No par (The) 3 29% 8% 5 pfd 30% *30 No par com 29% *11% 1.25 Co 10% 6% Apr. 6 t per share 55 10% 6% 2.9% 28% pfd_100 20 conv pid series A conv conv 16% • 5% Mills series B Montana-Dakota Utilities 3 21 % Mar 31 54 Carpet Hosiery Co Inc Monarch Machine Tool 55 10% 6% $3% . 100 Mojud Jan 10 series A 54 •v.10% 11 6 Thursday Apr. 5 < per share 1950 PRICES Wednesday Apr. 4 I per share 54 10% 5 , No par com Tuesday 6% 54 10 preferred 4 12% Mar 45% 47% Development Co 4 21% 4 Corp Mo-Kan-Texas RR 10% Mar 20 4 9 30% Apr f per share Par . Mission 6% Mar 27 15% Apr. ) Mission 11% Mar 24 4% Jan Monday Apr. 3 Saturday , 57% Mar 27 Oct Monday, April 10, LOW AND HIGH SALE STOCK YORK EXCHANGE Jan 6 .CHRONICLE STOCKS Year 1949 Lowest FINANCIAL & 2 *2 14% 14% 2 y« 14 Vz 2Va 14% 26% 3.820 2% 2% 2% 2% 2% 2.300 14% • 14% 14% 14% 14% 2,000 O 27% Jan 33 May 99% Jan 110 Dec 31% J»n 13 107% Mar 24 35% Feb 112% Mar 23% May 17% Jan 33% Jan 26% Feb 14 30 19% Dec 19% Feb 14 20 20 31% Jan 22% Apr 1 91 Jun Nov 99 Jan 92 Jan 31 Feb 10% Dec 10% Jan 3 79% July 18% Aug 96% Dec Q5" Jen 22% Jan 20% Jan 20 28 Jun 105 Nov 11% Jun 64% July 49% Jan 40% 108 Dec 37% Feb Dec 17 105% Mar 24 100 Feb 14% Mar 23 41 82 For footnotes see page 22. 13 Oklahoma Gas Jan 34% 34% 34% 108% 108 Vz 108% 108% 108% 27% 28 % 28% 28% 29 VB 28% & Elec 4% *19% 19% *19'A 19% *19% pfd 20 21 4%% convertible preferred 10u Omnibus Corp (The) common 5 8% convertible preferred A„100 8 Corp Otis 18% Apr 33% 108% 27% Oliver 7 10R»4 Feb 33% 108% 10 Jan 14% Mar 22 8 100 No par Co Oppenheim 74% Jan common preferred Oil 4 Jan 63 % Jan 4.40% Ohio Apr Dec Dec Edison Co 23 16% 64% Ohio Feb 79 4 9 Apiv 6 Jab 9 27% Jan 3 6% 28 3 4 14 67% Feb 16 common Collins Elevator 10 22% *94 13% 20 22% & •94 13% 13% *95% 96 96 21% 22 No par 38 38% *106 107 > 17 17 f *75 77 *64% 65 Co 12.50 34% 12.800 108% 29% 30v 19% I9V2 23% 130 19% 23 29,600 100 23 y» 24 22% 23 94% 95'A 95% 96 *95 96 240 13% 14 13% 14 14 14 14.700 96 *95% 96% 96 96 *22 24 22% 22'% x38% 107 103% 96% *95V2 23 *22'% 38% 107 17 17 17% 18% *76 77 77 77 65 65 66 64% 34 108% 29 14 38 Vz *106 34% 108% 94% 38% No par 34 23 *21% Mfg—_2.50 Co Owens-Illinois Glass ; 22% 95 62.50 common $4 preferred Outboard Marine Outlet 1 *19% 34 38% 107 17% *77 65'% 24 38% 107 18 78% 65% 38% *107 17% *77 66 % 4,000 40 700 39'a 107% 18% 5,100 ' 320 2,500 78% 30 65% 3,800 K Volume 171 Number 4897 THE COMMERCIAL Range for Previous 11% Mar t Jan 14 10 Vt 11% Apr Jan Apr 51 Sep 29 Aug 40 Jan 18 Feb 21% Nov 30% Jan 34 1 7% Jan Sep 52 - Tun 3 Pacific Amer Coast Co 17 29% Mar 10 34% Jan 12 23 1st Jun 89 Feb 104% preferred non-cum 2nd 135 Jan 148 Feb 4 Pacific 11 PuMfic 11 Apr 4 52 Dec Feb 1 3 33 3 109 101 'Jan 2% Jun 29% Jun 3 V* 4% Jan 44 Feb 36 Jan 6%> 3% Jan 3 28 7 30 21% 21% 21% 21% 91% 2i% 21 32'A 32% 32% 32% 32% 32% 33% 13 13 hi 11 r% No par Pacific Tin Consolidated Corp Western Oil Corp 4% Jan 4% Jan 11 Packard Motor Car 10% Apr 8% Jan 3 11 Feb 28 Pan 22 Oct 18% Mar 7 21 Jan 9 36 Dec 38% Dec 34% Jan 95% Jun 104% Dec 5% Jun 8% 15% Jun 104 Apr 5% Feb 1 15% Feb 25 21 Jan 6 6 104 Feb 25 207/8 Apr 46% Jan 3 20% Dec Dec 104% Jan 97% Mar 17% Oct 22 % Dec 17% Feb 37 Aug 47% Oct 40 101 1% 2% Jan 23% Mar Feb 38% Dec 29 Jun 24% Mar 6 Dec Apr 107 7% Feb 28 4 1% Mar 21 34% Jan 28 % Apr 16 3 Amer 9 27 Panhandle 4% Para At 7 Park Pr rV0 30% Feb 15 Parker 7% Jan 7% Jan 3 9% Jan 20 i-armelee 14% Jan 9% Jan 4 11% Jan 11 Patino Jan 5% Jan 3 Jan 15% Apr 4 Dec 19% 17% Feb 17 27% Jan 37% Dec 34% Jan 12 38 % Mar 17 42% Jan 57 Dec 54 % Jan 13 61 7% Jun 10% Feb 17% Feb 26 Vo Dec 24% Mar 30 28 23% Jun 35 Dec 31 Jun 111 Mar 107 106 16"% 17% Jan 32 Jun 45% Nov 104 Mar 113% Nov 29 Jan 37% Dec 96% Feb 137 Dec 7% May 13 Dec 12 35 Mar 3 Dec 6 6 24 9% Feb 6 Feb 10 34% Jan 5 Jan Apr Nov Apr 21% Jan 22%vDec Jun 13% 8 Feb 7 Mar 23 108 24% Feb 16% Jan 13 41% Feb 20 46 Feb 8 116 110 17 18% Mar 10% *46 % 3% 20 46 47 3% 47 9% 105% 105% *105'A 6% 6% 6% 6% 6% 17 16% 16% 101 % *40% 41% 47% 46 47% 105 % 105% *105% 105% 30 6% 6% 6% 7% 7,100 1l6% 101% 20 20% 41 40 40'/a *40% 1% 1% 1% 37% 37% 37% 38 *28% 29% 28% 28% 1% 1% 16% 2,400 17% *100 101% 20 20% 20 20% 40 40 28,200 >900 101 19% *40 1% 37% 1% 37% 28% - 1% 2 800 37% 37% 4,200 29% 200 1% 38 29 *28% 16% 4,600 41% 101 1% ' 'x37% 100 45% 16% *100 20 % 20% 1 16% 101% *100 20% 25,500 19 6% 20% 23,400 10% 19 * 105% *16% 33/4 9% 19% 47% 105% *100 3.800 '1,600 3% 10 120 3% 41% 3% •41 3% 3% 1,550 146 *18% 20 *105% 2.50 Co 3 Va 41% 10% *19 No par Co Proof 3% 10 *19. 3% 41 146 20,900 1% -1% 145% 1,400 109 1% 40% 3% 40'A 10 % 9% 46% 3 40% 3% 20 1 Peabody 5% Coal Enterprises Co 5 6 25 *15% 16 No par *36% 36% 28% *58 58% 58 Corp Penn-Dixie Cement 5% Co *29 36% 36 36 *35% 36 59 58% *8 59% 8% , *8 25% 25% 25% 32 25% 8% 25 9 79 39 *107 % 109% *106% 109% 23% 23% 23% 23% 32 17% 50 A *44 45 *113 115 *107% 23% 24 17% 17% 44% 25% 115 115 700 6.000 25% *107% A 17% 109% 24% 7,500 17% 30,100 % 600 41% *113 200 32 17% 44% 3,100 25% 24 115% 300 8 *30% 109% 24 36% 8 '32 17 % 44% 44% *113 115 ;; 25% 400 15% b»:/a 8% *30% 1,100 36 ' ...» 600 6 15% 59% 8 109% 23% 45 45 *113 - *107% ' 17% 17% 17% 10 100 com pfd 58% 400 9% 6 6 15%' No par series conv 6 8% 9% *15% _____100 Pennsylvania Salt Mfg Co 6 8% 8% 10 15% 25% Pennsylvania RR 9% 15 % 16 *15% *30% Light Co *7% 9% 6 -:- 7 preferred 3%% 6 6 8% 9% Corp com__No par Glass Sand Penn Power & *8% lo / 8 10 36 No par Coal St Coke Penn *9%. G 8 *7% 9% .5 Penney (J C) Co Penn 8 % 9% common Ford & ■ prior preferred conv Penick St 8.% No par Transportation Mines 6 Mar 24 3 1 6 Feb 3% 9% 100 Mines 145% 146 IjV 29 108% * 3.000 54% 28% 109 700 44,700 FRIDAY 33% ' Jun 6 Sr Rust 146 146 3 3% No par Corp Consolidated Dp "is T'o" GOOD 21% 54 29 28% y4 221,000 53% 109 1% 109 1% 40% *19 1 preferred 28% 1% 146 3 53% 53% 28% 108% 1A 40 1 Inc Tilford Inc Nov 15 3 40 Transp___5 Refining.. Pictures Utah 39% Mar 23 7% Mar St convertible Paramount 9 8 Prod 11 2% Jan St ir*r 53% 28% 108% 28% 108 146% 1 No par Airways Petrol Parafflne Cos Inc common x6 5% Aug World Pan-American 1 53% 52% 29 *145 Panhandle East Pipe L com._No par 4% preferred 100 Jan 53% 107% lo Pacific 49% Mar 20 53 29 106% 100 100 Jan CLOSED 15 preferred Jun 9% 33 i%: Jun 600 420 31 30 21% 32% - 8 13 *29% 30 *21% No par 12 3% Mar 28 31 *29% *29% Pacific Telep St Teleg com 43% Mar 27 31 STOCK EXCHANGE 55 i7« Rights 5 9 % *53% 25 Mills 3 *29% *54 Shares fper share 11% 11% 9% 56% 9% 56% the Week Apr. 7 t per share 12 *11% 9% *54 Sales for Friday Apr. 6 t per thare 12 % 9 56% Thursday Apr. 5 No par Lighting Corp % Apr 1 7 2% Jan Oct Pacific 9 148% Jan % Mar 15 144 Pacific 10 Wednesday Calif.___10 Finance Corp of Gas St Electric Mar *11% 9 8% ♦54 56% 19 SALE PRICES S per share 12 *11% ■8% Rights 55% Mar 10 Jan 8% *54 HIGH Apr. 4 I per share 11% 11% : 10 No par 34% Jan 28%. Apr Dec 5 Inc common non-cum (1475) Tuesday Apr. 3 tper share preferred 31% Mar 21 34% July Par AND Monday Apr. 1 Fisheries Pacific 57% Jan 25 Saturday ? 9% Feb 28 10 20 % Jan Jan 54 27% v CHRONICLE LOW STOCK t per share Mar 21 50 YORK EXCHANGE 13% Jan 3 Jan NEW Highest t per thare share per 71 7Y* Nov , Range Since Jan. 1 Lowest Highest t per thare FINANCIAL STOCKS Year 1949 Lowest & ~ 90 36% 300 115 ' 35% Jan 4 127% Jan 17 36% Feb 6 138V3 Feb 21 Peoples Drug Stores Inc *36 5 -r 36% 036 •' 36 36% *36 100 *127% 129% 130 1281/4 I291/4 100 *11% 12% 12 V* 13r. 13'/4 131% *12 »/2 33y3c r>«oples Gas Light 10% Hi/4 10% 11% 103/4 10% 10% St Coke : 130 36'/4 36 *357/8 *128'A. 1293/4. 130 129'/2 1,100 • . x8 Nov 21 Mar 102 108 Jan 9% Feb 14 8% Jan 3 Jan 25 34 Dec 13% Jun 11 105 Feb 20 11% Jan Nov 13 131/2 Apr 4 Peoria St Eastern Ry Co 4 Pepsi-Cola 37% Feb 6 Pet Jan 6 Mar 12 107 371/4 Dec 36 Jan 3 Jun 57% Dec 51% Jan 25 65 % Apr 6 36% Jun 531/8 Jan 441/4 Mar 27 50% Jan 11 Oct 56 Jan 5 60 Feb 10 Dec 105 Jan 5 108 Feb 15 20% Jan 24% Nov 24 Jan 3 25% Feb 3 23 Va Jun 26% May 24% Jan 7 26% Mar 17 58 Apr 117 Sep 114 Apr 6 98 Jan 104% Dec 103% Jan 20 105 Apr 110% Sep xl06% Apr 5 110% $ per thare t per share Jun 19% Jan 13% Jan 14 Jun 40% Jan 32% Jan 3 79% Nov 88% Feb 84% Jan 4 50% Jan 13 37% Jan 93% Jan 105 Dec 103 Feb 9 10% Feb 14 Dec 14 Jan 3 51% 7% 26 100% Jun Sep Jun 95% Dec 64 Apr 11 Mar 32% Aug Jan 105% 94 Dec 100% 11 Jan Pneips-Dodge $6 $1 Electric preference conv 110% Feb 24 4.3% 10% Jun 16% 93% Jan 16 '57% Jan 27 9 Vt Mar 31 32 Va Jan 3 92 Mar 29 57% Mar 17 Jan 12 17% Feb 6 106 94% Jan 4 66% Mar 8 10 Jan 100 13% Jan 3 Jan 86 Mar 17 25% Apr 15% Jan J5 13 12 34% Mar 23 17 Dec 2 Mar 14 16% Mar 3 91% Feb 23 29% Jan 12 16% Jan 20 142 Jan 155 Nov 148 Mar 1 155 Mar 21 156% Jun 170 Jan 163 Mar 22 167 Jan 28% Jun 6% Jun 7% Jun 37% Dec 8% Jan 35% Jan 13 8% Jan 9 3 11% Jan 12 May Feb 8 150 Feb 8 Jan 71 Jan 3 80 Feb 10 4 7 Mar 30 Apr Nov 88 55 Nov 71% Jan 61 Jan 14% Jun 25% Dec 22 Mar 31 135% Dec 147 Feb xl9% 8% Jun 29 Apr Feb 12% Nov 32 Feb Mar 50% 44% 39% Mar 16 9% Jan 64% 36% 23 150 15% Jan 175 135 26% Feb 5 12% Mar 38% Jan 48 3 8 9, 5% Mar 15 $4 $5 Plough 80 ,Jan 4 85% Feb 17 46% Jan 13 54% Apr G 26% Jan 31 29% Feb 28 122 Feb 86% Jan 26 Jun 29% 105% 25% 24% >107*. Feb Jun Jan 37 33% 109 Dec Mar 10 26% Feb 28% Mar 24 6 89% Apr 30% Feb 24 Dec 104% Feb 3 33% Jan 3 Oct July Jun 30% 15% Jun 20% Jan Dec 25% 26% Feb 27 *115 108 *1061/2 108 108 108 St Co St Coal 5% (The) 160 xll5 114 *103 ^ -,. \' y 114 Va *103 800 ; 1033/4 1067/e 590 ,/ 300 80 106% ;! Monday Apr. 3 Tuesday , /* I per share Apr. 5 f tper share i Thursday Wednesday :, Apr. 4 y Friday Apr. 7 Apr. fi ? t per share perthare Sales for the Week Shares fper share 13% 13% 7,100 43% 45% 26,200 91 91 92 92 92 92 54% 54% ♦104 106 16% . com__ 10 16% 95 63% 9% 33% *100 * 105 '105 14% *86 15 /, '88% *27% 27% ■•'''• 7 v of V *91 *8% 33% 14% 14% 88% 27% *87 88% 27% *87 27 -37 7% . *150 155 164 > 7 10% 10% *135 145 73 73 ,, 62 62% 22% 23 24'/a 24 24% *142% 145% *141 145% *141 1451/2 *22% 22% 22 22 »/4 12 12 12 12 *39% 39% 40 39% 16 >• : 16 16 *150 163 7 .... 10% 5,500 7% 8,500 11% 11 •135 72 72% 63 63% 10 40 , 38% 1,600 7 7% 10% 149 *135 ; 163 37% 37% 37 90O 155 f 149 350 72 Va 74 42 ♦23% 63 63 % 24% 24% 25 .145%: x22 % 22% *11% 40% 40 »/2 41% •141 ♦141 300 41% 43 42 13 .13 13 13% 13% 13% 13% 157/a 15% 15% 15% 15% 15% 7% •7% 7% 8y« 29% 29% 200 59 60% 601/4 61% 7,900 14% 15 15 15% 3.200 30 29% 29% 57% 58% 58 58% 15 15 Vt 15% 14% 15% 83% 83% 84 84% *83% 84% 83% 84 52% 52% 53 53«A 53% 53% 54 V 28>/4 ♦29 ' 52% 28% 28% 28% 120 Va 89% *89 No par 25% 25% 25 Vt 25% com—No par _100 28% 28% 28% 28% ♦106% No par 35% • 28%: 119 89% 29 22,300 8 7% •29 29% 57% 29 3,000 8% 14% * 1,200 15% 8 57% *29 1,100 13% , 81/4 8 *28% » 'i 6,100 40% /13% 15% 200 : . 43% 40 41% 40 12 42 15% 1,500 22% *11% 41% 2,500 . 145% •22% : 12 13 120 Vt 281/4 1191/4 »119y4 - *83% 54% 5,300 29% 119% 120 190 84% 54 y8 29 Vt 119% : 8,200 240 '• 28% No par 21% Mar 20 4,500 15% 43 i - •r 88% 18% Jan* 4 10 26% 22% 40 120 Vt Quaker 8tata OH Refining Corp—10 107 35% 29'/« —100 ; 88% 25% 12 221/4 *11% 88% common 88% 26%; ' ♦119% preferred 2,000 88% 165 63 63 100 Purity Bakeries Corp 15 155 72% *62 '/a 15 *150 10% 149 721/4 15 80- 105 *162% 7y8 7 10% *135 22% 20 34% Jan 30 • 37% 373/8 .. . ♦97 16 > 164 9004 105 26% 16 16 16 1/4 *16 FRIDAY 33 103% *87 27% 13,600 GOOD 103% 14% 15 32% 100 CLOSED 9% *8% 9% 100 EXCHANGE 65 104 *97 14% 54 105% 63% 32% 32% 105 » 64 *8% 9% 32% I- __100 com 63% 64 104 *61 V« 1 Indiana—No par 95 95 *97 164 149 16'/2 *91 62% ■. 155 10% *15% 95 103% 164 • 7 16 % *91 104% *97 ' *f2%73% No par Colorado., 3 10% *140 *15% 105 ♦103% 36 16% 104 ♦150 36% 53 % *104% 9% 164 36% S com 16% . . 33% • 155 155 53% 105% *16% 95 *8% 33% 103 % 52% 105% 63% 62% 4,200 STOCK 54% 105% 16% *91 100 92% ♦90% 92% *90% 54% 106 *15% ' *104% 54% 54 "104 *8% No par Inc ' 33% * —1 .1 Inc conv 25% 13% No par Co 4.64% preferred 3%% preferred Pure Oil 25% '11,200 42%. preferred series A—50 El St Gas V- .;;: v 13% 1 B Power of 115%. 103% * :,xio6% 106% 1' ' 25 41% No par Gamble Co 25%/ ,l' ' 690 ■■ ? *' • 24% 13% 5 Co 25% 58% 1071/4 ' 43% .100 Co. Service 581/2 1071/4 /» 13% —25 —. Industries Public Serv 24% 13,300 42% 63 Co $4.75 cum preferred— Public '58% 106% 24% V •' 14 —5 conv 13,400 A/?'*'- f 44 Co com__No par Pressed Steel Car Co Inc 4%% 581/4 - 46 13% .*91 RR-. preferred class 651/4 43 % —5 Louis Electric 3,000 42'/4 * 13% No par Pond Creek Pocahontas Pullman 31% Mar 20 Saturday Apr. 1 I perthare common. —5 common (The) Oil 115% 45% / 44 109% Jan 10 Jan 1,900 . 13% 3 30 1 V. 43% 3 107% Jan .45% 25% *106% No par $1.40 div preference 4.08% preferred 38% Apr 25% Et & Plymouth Pub Serv 107% Mar Apr 45'/4 ", .100 Inc Procter 30% 25% 104'/4 -10 Pittsburgh Plate Glass Co... Pittsburgh Screw St Bolt No par Punitcker 90% Mar 641/4 24% 1041/4 *15% 6 47% 413/4 64 »/4 106 % 591/4 243/a 104% *162% Potomac Dec 423/a 63 3/4 107 107 .•v. 116 —1 6 Xl03% Nov 25% 26% 24% 104% Pitts Ft Wayne Sc Chic Ry com— .100 7% .100 gtd preferred Poor Jan 42 ' . V.V.. 137/s 1 Pittsburgh Forgings Co 31% Jan 30 118% Jan 24 ; 59 :/ 106% 243/a 115 No par convertible 8 38 131/2 LOW AND HIGH SALE PRICES com Pitts Consolidation 9 79% 13% —3 Coke St Chem 61% Apr 17% Jan Dec / 59 59 243/a 105 j. .100 Pitts C 56 Mar 22 1,900 34,600 " 116% .100 C 16% Mar 15 45% *116 - Coal St Iron Pitts 28% Mar 22 25% 45% *104% STOCK preferred 7% Mar 23 14% Mar 13 YORK Pillsbury Mills Inc 14% Feb 8% Feb 64% 100 preferred Jan 4 423/4 64 100 Phillips Petroleum Phoenix Hosiery 8% Jan 13% 100 Phillips Jones Corp Jun Jan No par preferred Apr 12 % Mar 28 15 13% 42'A *1061/2 107 *25% Pittston Co 3 16 4% 4% 20% 58 *106 24% com Philip Morris St Co Ltd Oct Dec 57% 50 No par 21 Jan 10% Jan Sep Oct 45% preferred series A Nov Feb 45 10 13 22 »3%% 13% 32 45 Feb 144 135% Jan 43% Jan 22 45 10 38% Feb 14 Jun 64 % 27% Jan Apr Mar 42 Pittsburgh Steel Co com No par 7% .100 preferred class B 6% preferred cla38 A__ .100 5%% 1st ser conv prior pfd— .100 .100 Pittsburgh St West Virginia Pittsburgh Young As Ash pfd... .100 64% Mar - „ 107 63% Par 15% 14% *105 y2 41% _ Phila St Reading Jun 21 107 63'/4 Phllco Corp common 12% 8"% *105% 41'A EXCHANGE ' 6 Feb Jan NEW 18 97 88 107 41 $ per share Apr 32 *105% •••• . 1 35 62% preferred Jun Jun *341/2 13% preferred common preferred 105% Mar Jun 35 13»/4 preferred 14 79 *34'/4 131/4 No par Co 3.9% Feb 24% 35 13% 25 preferred Phlla 4.4% 14% Feb 10%: *341/4 No par 1 Inc Philadelphia Co 6% .2 45% Apr 10y2 108 *106 108. 13% 10% 35 *341/4 13% Corp 1161/4 Mar 23 103 14% Mar Co St 104% Mar I per thare 11 Ya 87% Aug ■ STOCKS 22% Dec , 5 America Brewing Co (Chas) Lowest Highest 55 % *106 35 13 " Ptelffer Range Since Jan. 1 Highest Year 1949 •' *34 _10o of Corp Range for Previous Lowest. No par common preferred Pfizer Jan 106 4V>% Petroleum 40% 90% Mar Co 13% Apr 6 44% Mar 16 17 x48% Mar Milk Co 13 ♦108 110 No par 31 31 *20% 21% 107 Va. 107 35% 36% 90 *89 251/8 25% ; 28% *1075 36% • 90 r 90 *89 25% 25% 16,100 28% . 25% 28% 28% 29% 9,400 107'/4 106% 29 107'/4 *106% 107% 100 37'/« 37 »/8 37% 37% 38% 19,800 30% 14,400 108% 29% 30 y« 30 *108% 108% ♦108 30% 31% 30% 31% •30% 31% ♦207/8 21% 21% 21% 21% 21% 29% 29 110 *108 29'/2 *108% 80 " 251/4 30 '/a 110 ' 1,700 31% 311/8 900 21% ! 21% •1 R 9% Jun 14% Ma 12% Jan 3 19% Mar vl Radio Corp of America com—No par 66% Jun 74% Jan 73% Jan 13 79% Mar 31: $3.50 1st preferred Radio-KeHh-Orpheum x7 Jun 92% Jan 23% Jun 101% Dec 29% Dec Feb 21% Jun 30% 261/4 Jun 34% Feb 17% Jun 17 % Mar 31 9% Apr 23% Jan 100 3 ' Feb 3 103% Jan 10 27% Jan 3 297/b Jan 27 x24% Jan 25 30% Jan 13 20»% Jan 25 Nov 43 Jan 36 Jun 36 Jan 31-* Jan 13 For footnotes see page 9% Feb 22. '• Jan 25 29% Mar 16 33 ' Marl5 22% Jan 39% Feb- 9 9 341/2 Mar 22 No par Corp 1 Ralston Purina Co 3%*» pfd—100 Raybestoe-Manhattan No par Rayonier Inc common 1 $2 preferred 25 Reading Co common 5o 4%. non-cum 1st preferred-50 4% non-cum 2nd preferred. 50 '♦ 18% *77% 7%., •102 19 78% 7% 7% 18% 18% 78% 102% - 17% 78 78% 17% 18% 78 % •77 18 18%. 102 102 7% 102 7% 102 ■: 7% 102 8 ; 102 29% *28% 29% 29% 29% 28% 28% 27%' •'*27% 27% 27% 27% 28 28% *31 i/s 31% 31% 31% 31% 32 22 22% 31 21% *36 *32% 31 '21% >38 34% 1 78 »/4 8% 1 29 22 21% •36 38 ♦36 •32% 33% *33 22 y* 38 ♦36 38 33% •33 33% * 29% 32%; 33 - r f 2,000 38 '33 70 900 5.000 700 32% 22 22 •36 800 16,300 - 29 28% ' ' 21% . 102 ♦101 28% 28% 216,000 19 78 8 : 78% ' 7% , 2o5. COMMERCIAL THE (1476) Ran ye Highest Highest 7 W - ' EXCHANGE v//// $ per share $ pershare tpershcre 10 % 13% Jan 15 % Nov 23% 11 % Jan 1 ' " v'. ' / $ per share f 12% Feb 10% Mar 11 Apr Real Silk Roller 25 18 Jan 3 12% Mar 30 16 Jan 7 Jan 8% Jan AV* Jun 18% Jan 6% 26 11 11 5 60% Feb 9 13 14% Feb 20 85 Jan 20 92 Feb 14 12% Jan 5 8% Jan 58 Nov Feb 12% Jan 10% Jan 13 8% Jan 5% Jan 25 4% Feb 11 5% Jan 30 2 V« Jan 5% Jan 10 Dec 9% Jan 13 11% Feb Jun 27% Jan 23% Jan 13 27 % Mar 110 91% Jun 10% 103 3 18 5% Feb 20% Jan 14 6% Jan 13 23% Jan 3 102% Apr Jan 23 18% Jun 103% Feb Sep 100 Jan 17% Apr 104 6 Mar 20 10 Common 96% Apr 14 18 44% Apr 19% Feb 27 Ritter .3 5% Jan 11 Roan 105 Rheem 15 Dec Richfield 6 16 Jun 21% Dec 39% Apr Oil Robertshaw-Fulton 8% Sep 109% 31 78, Feb 4% Ruberoid ; .. . { 33% 9% ,4% Jun : ;: 6% Jun 77 Jun 24% Jun 21% Aug 22% Jan 11% Apr *64 65 *104y2 *104% *104% 106; 1 17% 17 17% 1 *21% 22 21% ,21% *55 Ya 12 ■? 56 55% 55% 17% 177b 17%' 21% 2IV4 21% 56%' 56% 57 .: *56% 57% 600 11% 117 b •1,700 19,500 104% Feb 5% Feb 6 97 105% Feb 94 20 107 Jan 84 % Jan 9 92 Apr 109 Feb Mar 28 10 13% Jan 16 92 Mar 20 $4 preferred Scovill Mfg Co , 26% Apt 6 69% Feb 10 4.30% • Mar 27 86 Va Jan Jan 60 Dec Jan 19ya Jan 21% Feb 47% Jan 25 Dec 70 2 Mar 31 11% Dec 10% Jan 31 15% Mar 17 44% Dec 4iyaFeb 15 45 16% 15 Jan 3 18% Mar 23 Jan 5% Jan 3 6%'Jan 10 11% Dec 10% Jan 3 13% Feb 1 90% Mar 13 94% Jan Mar 27' pfd— Elec of Del£ Seagrave Corp Sears & Feb Range Since Jan. 1 Highest Lowest 31% May 24% Feb 14 37% Jan 25% Feb 16 29% Apr 28% Mar 38% Dec 37 Ya Jan 13 42% Feb 23 * 9V2 Jan ,3 15 y2 Jan 108% Apr 14 7 10% Oct ' 15% Dec 40% Dec 34% Jan Oct 6% Jan 30 Jun 5 Jan 7 2% Jun 4% Jan 22 May 26% Jan 28 Oct 27% NOV 36% Jan 18% Jun 24% Sep II NEW Jan 25 13" 8 Ya Feb .3% Jan YORK v:'*Avr'. 11 $4.25 Shattuek Sheaffer (W A) 21 • Silver Simmons .Co.; Jan 6 • __£ 15% 92 25% ~40 9274 20 *92% *104 1053/4 ; xl5% 15% '",15% *90% 26 15% 1,700 92 *90% r, *66% 13% *13 257b 267b *65% 66% *65 % 66 65% 20% 20 % 20% 20% 207b 65 66% 66 66 65% 66 *13% 14 r 67 8,200 66% 20 Va 13% *13% 13% 13% 14 44% 44% 44% 44% 16% 17% 17% 17% *5% 5% 12% 5% :/' / 12 92 -53/4 12% 600 v, 1,700 500 44% 447b 17 ' /• v 17% 15,800 2,500 5% 5% 2,400 6% 13 1274 13 V- 92 *91 92 92 16,300 50 Monday t per share - 27% *26 38% *108 No par 1 27% ' 108% 28 28% 26% 27 38% 39% 38% ' 38% , 10 28% 26% *108 *18%- 38% 38 ;__1 -7 5 .ii./: 7 7 • *2% 2% No par 30% 30% No par 30% 31% No par 23% 24 .* 38% j ■• 39 39 % ,397b 397b *108% 108% 1087b 1087a *9% 10% 19% 19% '19% 28 *26% 38 • , 2% 24% , 24% 4,900 100 107b EXCHANGE 500 1 97b CLOSED 7 00 3874 39'/2 / 7% 23/4 27 b 30% 307b 39,/ 30% 4,400 *1874 7 //■/-'■ 7 2% 2% 303/4 30% 13,700 STOCK 10 30% 24 Ya ' *31 24 % 38% .. -.7% • 30%. 31 31% 31% 23% Shares 29% 27% 2%' 30% ■J-; 30% *31 28% 26% . 7% the Week Apr. 7 tper share 28 %' X37% 7% 2% ; 10V4 *18% Sales for Friday Apr. 6 26% *934 19 2% f per share 108% *108 >10 , 19 *37% 15%. 19% , 108% 934 Thursday tper share Apr. 4 $ per share 26 38% *9% •« Wednesday Apr. 5 Tuesday ;■ $ per share 27% 2.6% - \ Apr. 3 v 24% 77b *30 74 31 247b 5,000 GOOD 2,600 FRIDAY 2,200 3,890 1,200 >. 2474 35,700 '• ■' -97 Jun 127% Jan Jan 100 3* 20% Jan. 3 16% Jun 22 y2 19 Jun 33 Ya Dec 29% Jan 31% 20% Mar 29 21% Nov 83% May 95% Jan Dec Jan . 13 84% Feb :l1 88% Feb 100% Mar 10% Jun 17% Jan Jun 17% 16 98 Oct 97% July 3% Jan 107% Dec 7% Jan 10% Dec 4% Oct 14 Jan 20 3% Jan 3 9% Jan * . 4 Feb 106 Mar 24 Mar 24 Skelly Oil Co; Slogs-Sheffield Steel dj Iron Smith (AO) Corp. 33% Jan 25 ' Jan 88 Mar 4 5 12 8 102 :■ Jan 14% Jan 14 Ya 114 13 Feb 23 18 Feb 17 17% Mar 20 113% Mar 16 4% Jan 12 III Jan 28 Mar 52% Oct 51% Jan 11 53 53% Mar 71% Dec 68 Jan 16 75% Mar 27 II 14ys Apr 11% Jan 4 Nov 36 y2 Jan 3 40% Mar 6 Aug 40» 4 45 1 4d Feb 10 26% Feb 40 36% Jan 45 29% Jan „ 35% Nov 34 Jan 13' Jan 10% Sep 12 Nov 11% Jan .3 28 % 36% Nov 34% Jan 13 Jan 14 Jan Feb 12 5% 5 % % 51 Dec 49% Jan 3 25% Jun 41 Jan 32% Feb 11 387b Jan 12 45% Jun 61 Jan 54 Jan 3 58% Mar 27 56 Nov 66% Feb 60 Jan 13 10% Jun 13% Jan 11% Jan 5 13% Feb 14 4% Jan 3 10 74 Feb 15 6% Jan 3% July 53% Dec Oct 5 73 May 60 21 26 Oct 23 Feb 5% 22% Jun 6% Jun 29% Mar Jan 23% 37% 64 100 Feb Apr 17% Apr 10 y8 Mar 107 Apr 55 Jun 3 23 16 Feb 34 .Jan 140 152 Sep 61 29% Mar 10 Va Jan 72 3 12 18% Feb 24 40 25 3 - Mar 108% Apr 24 3 5 Mar 25 92% Mar 7 77% Mar 27 26 160 Jan 13 174 Jan 25 Jan 24 13 47% Jan Dec Feb 16 52% Dec 143 18 24 3 159% Dec Feb Feb 31. Jan Jan • Jan 20% Jan 18 Ya 7 9 25 8l/a Mar 30 106 y8 Jan Feb 70% Mar 22 89% Jan 92 65 21' 3 Dec Jun 98% Jan Dec 25% Jan 54% Feb 3 , 22% Nov 82 109 Dec 5 Jan 68 13% Jun 71% Apr 18% Dec Apr , conv Mar 22 preferred— -i Greyhound Lines South Porto Rico 8% California; Edison 36% Jun 45% NOV 60%; Jun 74% Nov For footnotes see page ■ ,42% Feb 14 66 22. Jan 25 , Mar 22 67% Mar 24 20%' ,20% 20% 20% 2or8 217/,. ; 88 100 *109 W Railway 53 *52% 76 *69% 53 39% *41 r x35 /. 35% 35% 12^4 *12T8 36% 51% 36% 58% 40 35% r" 13 • 36% 523/s 53% f 34% 35% ' 58% *62% 64 12%. 8% 8% 8% ' 5% *5«a 5% ' ;72 *68 > 23% (The) 1 26% 27 27% common 2 8% Conv Square $4.50 D preferred Standard No par Co.. Brands 69% ~ 5 Inc common com 1 • No par No par * 47% Mar 27 Standard Oil 70% Mar 24 Standard Oil of of Indiana. New Jersey 17% 9% 69 58 ; v 9% 69 ', 17% 37% - *103V4 109 ' •65 *57% 400 72 *^8 v, : 2338 108% 237a 92% 92% 71% 74 V* 155 : 69% 23% *92% 73 727b 167 154% ; 150 17% 37% *108% 923/4 t 154 :;9,100 12,500 974 177b 237-a 166 % 1,500 28% 97b 377b 103% 154 • 5 237b *69 69% 17% 371/2 * . 700 28 . 177a ' 72 / 23% 37-;- 167 400 14,500 17% 72 647b 5% 37% 167 58 8% 69 *154 V 8,400 57a 69 17% 74 V4 6,100 20,300 t *62 28% 9% 154> 537b 35/ 8Va 97b •73% 65 ' *68 t. , ; 5% 5 . 6,100 39,000 , 87 b 8% 109 357b 127b 27% • , 127b 9% 91% 167 •--•;/ ■ 2734 *108% 23% 71% 13-N.. 387b 237b 91% 154 12 233a 23% *166 127a 377b 64% 23% 91% 155 i'a 168 353b 347b 23% 23 " ' 53 ss V 57a 69 1,300 2,000 43 , 37% r 18 37 > 1,156 " ,393/4 ,397b 53'.4 938 27% , 1274 34% - 12 72 > 70 1 *62 8% , 53 69% *417b ' 37V2. 57% > ./ 27% v 23% *154 43,700 ♦527b .:/./ 353b 34 % 12% 8/4 91% *167 2,900 io',b . 1274 ,13 367 k 64 % *53a *68 43 52 34 58 : '**19 72% $7 prfor preferred Standard Oil of California 1.Q06 1127b 4 , % 3% 10; :/ >40 *41% 127 a / 77: 35% *91% 23 * No par 69% ^37 *108y4 109 $3.50 preferred No par Standard G & E Co $4 pref__No par $6 prior preferred No par No par '17% *36% 9% 23% 54 35 *62% ;, 72;,; 23 Sperry Corp '//• 13 37 53% *12 ~ 39,900 r 12% 35 Ya 35% ; 12T8 / *57 23% 43 Va.' 36j2 12% ••*68 "26 500 1774 111 , ^97^.; 397'a 39% 35 v • ' 8% No par V ' *\ ' *41%'' 37 64%' '5 ; 16 »,4 " 12% ' 39% ; 12% No par 1 88 1 00% ,177b . 53 69 Ya 70 ■ ' 123;i - 52% 34%- •35% 58% 600 *99 74 37b 10 *52'/2 70% 12%/ 12% ' :/ 1 Squibb (ER) & Sons $4 preferred *52% . 43% *62 53 2,400 > ' 111 -.978 600 31% 21 *1574 177b, 37 b 10% 2,700 227b *86% 16 ./ 114V2 . 21.; 1003/4 110% 4 10 •/ 43% > 1 111 110 V 39 Tb £ 100 17 ! 73 39^i ;> 17% 3%; *12% /12% Spencer Kellogg & Sons Spiegel Inc * 12% *41 100 Mobile & Ohio stock tr ctfs 16% V'-1-"' t 114 .31% 88 16 *99% i ■ *52% « 15 l/2 4 *12% par 100% 15/2 : 22% 22% 31% • *86% 88 *99% •« "J 10% * No par common..No par Spalding (AG) & Bros Inc Sparks-Withington Co Spear & Co common $5.50 preferred—— ; 111 4 *74 • *86% 7"7 17%/ 10 7.50 preferred *110 3% 10% • 15% 16% 3% . 88 100 100 "''*15% 10% Pacific Co— Southern *86% • U1 " > ! 20% >. 207b ■Wi ... 70 31; 5 Southern non-cum *21% 31% i ...25 (The)_: Southern Natural Gas Co 5% 22% 30 3,4 •i5y« 25 preferred / 22% 30% *99% 5 Sugar: com.No 114 113 22% 30% *86% 50 #»•;I ; 113 111% 22% 30 y8 > 50 ; Southeastern Southern Jun —100 preferred 111 22% 30% South Amer Gold & Platinum 1 South Carolina G&.OC0 com—4.50 Southern Co 6 ,*_£ 109 •22% ; Socony Vacuum Oil Co Inc.—15 Solvay American Corp 4% pfd—100 13% Mar 16 32 y2 3% May preferred 36 % Mar 17. 38% Apr 109% 10934 t 4.20% preferred __100 Smith & Corona Typewriters.No par » Oct 15 20 ,_lo Smith V<A) & Sons Carpet Co com—20 3%% 1.100 LOW AND HIGH SALE PRICES . £ 5% 12% 12% 92 *90% 92 ■■/N 5% *5% 12% , *90% i.Apr. 1 No par Siraonds Saw & Steel... Sinclair: Oil Corp 25 92 3A 26 97 r) 10674 *106 106% 44% No/par ; 33 24% Apr 15" *92 *104 f ' *96% 106% 92 20% Saturday ... 29% Mar 21 ;' 17% v./// Pen Co.. 21% Feb 92 » 17% ..1 Mar 30 *106 106% ; 97 *96% ; 44% No par 31 >, < 17% of America Coalition Mines King 800 97 44% 12% G)__ Shell Oil Corp Sheraton Corp 12 5,500 14,600 78% 15% 66 20% 68 *90% common (Frank . 16% 317a 78 ; 17% ...;._1 preferred— cum 167b 307/b 76% ' Corp— Sharp <fc Dohme 16 3/4 31 • 44% Shamrock Oil & Gas Steel 16% 25% V " 400 76 *90% ■ 25% 24% 66 20'% *13 ■;Par $ Sharon 15% 92 66 *66% STOCK EXCHANGE ; • 20% No par 4 21% Feb 8 40% Mar 22 2% Mar 31 13 • 24% 66 5 15% *90% 20,400 ' 24% £_—___1 6 6 1 15% 15% *90% 92 100 8% 85% 85 30% 106% 91% *104 7. 7% 88 V ' Inc common. $4.50 preferred - 91% 4,400 104»/4 '8% • ./ 4674 150 *103 78. 10634 106% 8 *86 5 .... Servel : *91% *103% 91% 46','4 *146 16% *96V4 1063i 46% 104% / 50 6,200 25,700 31% . *75% 97 *96% 106 16% 12 'V 150 V *103 88 30% •76 387» 46% *146 1.600 353/a 11% 2,700 113% 38% 38 11% 11% 8% ;; 35% 113% 37% No par Co.— Refrigerator ;C0 Seiberling Rubber Co...; t per share $ per share $ per share * 106% ' No par Seeger > 97 106% *91 5 STOCKS 1 Highest 75% "106 — Roebuck 16% i 16% 30% ■•'431vv *96% ——— Seaboard Oil Co 16% 100 com *86 35 113 34% 46% ••: 11% 113 150 7% 86 75y« 10o Co.. (The) 8 7% 86 30% *106% 1 46% : *147 16% V/75'// No par 3.65% ; 8 88 35% v 104% 104% 30% 1.75 3.35%' preferred 100 Seaboard Air Line com vtc—No par 5% preferred series A 100 Seaboard Finance Co.. ; 1 11 Dec 7% *86 ...5 preferred Scranton ' 2 5 ...10o Scott Paper Co common—....No par $3.40 preferred—No par * 21 Jan ! Regis Paper Co common pfd 4.40% series A Savage Arms Corp Schenley Industries In<j— 4 7 104 100 1st 11 Mar 16 preferred non-cum 34% 113 46% 46% 46% 11% I!3/* 113/4 " 46% Southwestern Ry Co—100 St 17% Feb 24 7 Louis 106 *104% 17% *103 -2 600 21% 104% Mar 800 300 65% : 17% 17sa 12 11% 12% 65 22 56 % 5 10,300 37 7b 387b *38 106 *104% 106 *21% No par 18 *103 105% Feb 8% Jun 643/4 150 Year 1949' per share *63;% (Jacob) Range tor Previous I 643/8 ..£ 4 Lowest 64% *148 105 ;■ 4874 Jan 10 165% Feb 21 24 Sep 6% 64 % 150 26 Jan Jan 101% *63% 2,000 15% 36% 1,500 20% 14 3/8 37% 100 - Jun *35% 500 5% -20 36% 36% 37 *146 Jan 98 19% Sep Jun 36% 36% *36 St 123 91 56 38% 38 y2 106 43,200 18 5% 14% 14% 15 *36% *36% A 447b *17% 38 12% 14 62 143i 18 38 11% 21% Dec - 21 2038 15 14% 15 /•'"? ' ;• 12% 91% Mar Jun 20% 21 >■« 11% Oct 16% Jan 36% Feb 6% Jan 20 % 21 12 9 Nov 47% 21 190 2,100 5% 11% 12% Jan 98 • 5% 113 38% 108 ' 44% *17% 5% 373,4 Jun 13% Jun 42% 17% 53a 34% *103% July ' 43 3A 17% 5% 38% 80 Jan 42% 17»8 113% 34% Jan Jan 42 38 5% .• 5% 400 21% 44Vi 21 34% 66 12% 20% 36% 29% Mar 10 83 20 % 113% Dec / 107% 20% 107'% 21 *107% 20% 34% 70 104% Oct 99% 1063/4 37 y8 13% Dec 31% Dec Jun *98% *37 5% ' 78 49 98% 107% *36% St 7 94% Jun *47 98% *47 *107% —20 (Thei— Co Ruppert 9 w 49 99% *20 18% 14% com—1 49 *98% 17% 41 21 *47 113% Feb 90 40% 49 99 108 41% 20 5% 7,700 *47 108 *18 120 6,800 107% 99 20 103 12% 37% ' 10 39 34% Jan 9% Jun 22% Jun 46% Jan 5,100 117b *113% 9 ' 100 17% 102 % 38% —5 90 ■ 1081/4 17% 102% 11% preferred 100 Joseph Lead Co J. ...10 St L-San F Ry Co com vtc—.No par Preferred series A 5% vtc .100 Apr 108 % 17% 104 39% Safeway Stores common. 7% Feb 28 ' 11% 7 85 • 17 3,000 18.900 38% 4 6 12% Jan 13 May 27 11% Mar ' 26% 6.700 39% Mar 3 26% 109% 98% 49 25 Royal Typewriter— 9.» 41% Jan 10 14 10ab 22,800 11% 37 10% Feb 43% Jan 107b 12,165 ' 38% 114 1 10% FRIDAY 38% 38% '47 —— series 11 7 Mar 24 77b '11% 10% 39 - 13 Jan 87 July Controls called preferred 10% 38% 107 y2 Ronson Art Metal Works Inc.. 1 28 *101% 29% Jan 34 16.000 47b *102 104 112% Jan Feb 7% 4% *108 17% 17 *103 7% 4% 26% ' 109% *108 , 16% 104% 1 9% Jan 6% Jun 77" 109% 16% *103 ?6% 12% Apr ' 1 *107% 16% 104 y2 :r 26% 263-4 3 12% Jun 19% Feb 23 109% 16% *103 *98% preferred conv Rohm & Haas Co common 5 Mar 31 105 *107% / 10% Jan Jan 43% Dec 131% Dec 100% Nov 67% Jan 3 25% 58% Jan 48% Jun Jun 87 Preferred 113% Apr 35% May 7% Jun * 4%% 37 3 26% GOOD 7% 10 54% Mar 13 33% Dec 16% Jan ; 15% Mar 20 Mar 30 Inc Mills 38% Mar 25 Mar 17 25% STOCK 12V4 127b 12% J 4% 10- 10-- 10 y4 10% No par —No par Minec—— ——20 Copper Robbins .4 13 Jan 10 —1 Co Corp— 24%; Jan 17 13 16% Jan 7»% 4% 100 series—. Company.—. 13 102 61% Nov 12% Mar 4.50% Antelope Jan x20 73g 45/8 ^100 series Manufacturing 30% Jan 19% Nov 10% Jun 3.60% Preferred 1 Apr Feb 60% Jan 7% 4%: 10/ 1 10 10 —; — Preferred 4% Jan 68% Dec Jun 734 4% 7% 4% % 12 12% CLOSED 13 91 >102 74 36% Apr 36 11% 11% 593/4 123/4 *88% 102% 16 12 91 102% 37% Feb ,19% Mar 24 *88% 1023/4 22 Dec 91 ' 102% 13 12% Dec 13 101% Jan 31 7 4 12% 101% Inc Drug Reynolds Spring Co. Reynolds (R J) Tob class B 21 Jun 1 1 _50c —-10 *9% *58 59i 13 *88% 91 '■%' 11% 11% '58 60 12a4 400 700 EXCHANGE 9% 102% 4 ' 42% Dec 774 Jun 11% 934 *58'4 12% 100 8 26 , 2,400 50 21 *88 % > 26 9,000 99% Mar 3lT Dec 91 '88% *9% 9 V2 60 12% *7% 26% 9% *9% 57 b 5' 21 9% *58% 8 *25% 26 21% 3 Mar — 9% 60 12% 12% 25% 5% 94% Jan 15 Inc Motors 9% '58'/» *7% 73i 7% 8 26% *26 26% 21 % 47% Jan Jan • *7% 8 '26 5% Sep 5% Jan '7% preference prior 21% Aug Jun div 5% 40 Jan & Co— 21% 98 15% Jun 4,200 5% 85% x3% 14 Va 21% 42Mar 24% 137b 5% 7 mar 14% 21% 6 108 14 5% 12% Apr 8 14/ 21% 39% Jan 19 14 5% 26 Xl05% Mar 133,4 21% Jan «6 Dec 13% 5% 37% Jan 21% 13% 21% Oct 108% Nov 13% 5% Dec Jun 800 ,—50c — 21% 39% Jan 16% >—2.50 10 1374 16% Rexall Jan 102% 16% Reynolds Metals Co com No par 5%% convertible preferred—->-100 Jun Jan 11% 16% *11% 12 7" 4% Jan 11% 1634 *11% 5 34% 9 12 16% Republic Steel Corp com,—-No par 6% conv prior pfd series A—.100 Revere Copper & Brass com—No par 5Vatfo preferred -i—1—-—^-100 109 % Mar 15 13 Jan 14% Jan 99% Jan 100 4% Aug 98 Jan 6% Dec Aug - Dec 16% Jan Jun 91 11 16% Republic Pictures common $1 convertible preferred 4 17 200 11 16% Republic Aviation Corp—v. 1 • Shares 8 per share 11% — 7% Mar 17 4% Dec 6% May 4% Jun f per share the Week Apr. 7 17 . Reo «, '11 Reliable Stores Corp.— 7 3 Jan 11% Jan Nov Sales for Friday v '16% 5 10 No par Reliance Mfg Co common ; 5 Conv pfd 3,%% series—,-..—100 Remington-Rand common £1—50c $4.50 preferred £-, 25c $1.25 V* Mar 22 90 Jun • 9 9% Jan V$ Apr 73 9% Jan 6 Feb 60 Aug 8 Jan 22 12% Dee Jun 50 7 Dec 27 Apr, 6 I per share $ per share $ per share Thursday Apr. 5 No par Inc Rels (Robt) f per share Par • Co Bit Reeves Bros 16% Feb 16% Oct "■ * ' • Hosiery Mills com Reed v Apr. 4 Apr. 3 ", " ■ Wednesday Tuesday Monday Saturday Apr. 1 STOCK YORK NEW Range Since Jan. 1 Lowest Monday, April 10, 1950 HIGH SALE PRICES LOW AND STOCKS for Previous Year 1949 lowest FINANCIAL CHRONICLE & *166 109 . 1,600 500 28% 93 3,400 /:' •; 737b 154ya 167 8,200 440 10,300 400 300 €4% 65% 65% 66% 65% 667b 667b 663/4 6,700 46% 47% 697b 7074 10,000 20,300 ___25 45% 45% 45% 45% 46 46% 46 72 467b 25 68% 69 69 69% 69 693/s 68% 697a ~ Volume 171- Number 4897 THE : COMMERCIAL '& NEW Range for Previous Year 1049 Lowest 20 STOCKS \ Range Since Jan. 1 Lowest Highest $ per share $ per share Jun 27 % Oct 102% Dec 20% Dec 18% Jan 48 Dec 48 Jan 26% Mar ' Jun 40 Jun x27 Jun 10 July 35 38% Oct 13 25% Jan 101 20% Mar 18 32% Jan 5 12% Jan 3 27 Feb 21 94 Jan Jan 9% Jun 14% Jan 12 9% Jan 13% Dec 1?% Apr- Jan 98 Dec 15 Jan 4% Jan 10 100 v. Mar 18% Feb 3%%. 14 14V# Jan Steel 10 S Stores 27V# 1 Inc 7 P.) Stewart-Warner Corp Stokley-Van Camp Inc > 5% prior preference 32> 15% 16% 15% 15% 15% 12%( 12% 12% 12% ,12% 12% *17% 5 1 18 V* Jan Stone & Webster 16% Feb 23 Dec 26 13* 3Q% Mar 23 Studebaker. Corp I 52% 117: July 36'/4 Feb <12% 227 • 10% Jan * v xl22' 14 ' 16% Jan 30 Jan 55 'Jan 25 . Jan ' 195 61V2 Dec 107 Jan 112 10% Jan 13 Jun 17% Aug 24% 76% Sep 89 3% Jun Dec 11 0% Jan ... 5% Jan 12% Dec 11% Jan 9 Dec 4% Apr 4 Jan 3 Jun 18 4874 Jun 6574 Nov 59% Jan 25 / 1174 Jun 1874 Nov 15% Jan 13 56 Jun 70 Va Dec 69 1674 Jun 26% Nov 20% Feb 16 6% /r Nov 17 5874 Dec 5374 Jan 36 Jun 48 Dec 44 8 Jun 11% Jan 1574 Jan 1374 July 474 Mar Dec ' " Feb preferred—— ..100 *109%. 110 America*(The)—4.16% Swift & Co 4 25 —— . A/i' 14% preferred, No par _— _ Symington Gould Corp.. 1 38% 3874 38% 9974 *98% 9974 31% 32 V* 15% 16Va 12 Va 12% 17% *17 V* 17% 300 22% 2274 22% 6,600 2974 3074 30 V* 30 % 44,000 '63% 63 Ve 63% 300 10'A. 10% 3,300 1274. • * 64 12% *63 10% 1074 10 V* 100% *99V* 10074 : *99% 617a 121V* 100% 6174 . 61% X120 30 61% 61% 120 *119% 500 ' 120 60 13 % 1374 13% 2074 20 % 21 4,200 23% 23% 23 V* 23% 23 2374 3,600 60 V* 60% 60% 6174 61% '61V* 2,100 9% 9% 9% 974 9% 9% 3,500 23% „ 9% ■ • 249% 252 10%, 11 40 252 - 40 * 37%37% *10874 10% 251 2,100 11 40 *109.74 11 1,700 *39'A 40 13 37% 37- *109% 109% 10 12% 12% 12% 37 37 V* 14,100 5,300 12%. ' 37 Va 15 V#..- 15 V*. 15 15V*, 14% 1474 22% 23 V* 22% 23 22 74 22% 22 Va 83, 83 81' 82 81 8274 83 ' 7 i 7 / 774 7%. • >' 774- 300 109% 83 , 31,700 250 10% *3974 109% 12%, 37% 246 246 > i. 15 V* ;■ 7,600 3,400 1374 109%, 109%, 12 1274 7% 2,800 " ' 23. 7 5,900 GOOD FRIDAY 2074 37% 22% *82% $4 1,100 14 12% 11%, 37%, Sylvania Elec Prod Inc com„No par Tftlcnt.fr. Tne 12% Feb/ 1( 6% Jan 3 .' (.Tames) —— 1 _/ _0 r 2374 Jan 53 * 774 Apr Gulf ' 7 7 14%/' 15 74, 12,000 227/a 9,400 83, 160 7% 5,900 16% Jan 3 30 V* Jan 14- Oct 12% Jan 3 36% Jan 4 7% Jan 374 Jan Apr 13% Jan 6 5% Jan Oct 43 5 Jun 20 Jan 9 Mar 34% Jun 5674 Dec 8474 Apr 95 2% May 23 % May 25% Jan 13 94% Jan 1974 Jan 7% Jan / 32 Va Mar 27 22 19 Jan 6574, 65 65% 14,600 18% 19% 19 2074 23,000 No par '707a 71 71 7274 72 72% 71% 72% 71% 72% 4,200 —10 20% 21 2174 2174 2174 2174 21 2174 21% 2274 6,500 —1 58 58% 5874 59 Va 59 59% 100 50 51 51 52 5174 50c 1074 1074 1074 10% 10% 52, 1074, No par 15% 157* ■/>' 1374 Pacific Coal Pacific Land The Oil— & certificates share & Pacific Ry Co..; Inc common—'— preferred— conv Fair No par — __—__ ... 11 Thomas Steel Co 10' Thompson %*- Products 3 1674 Jan 11 36% Jan 5 ./• Timken-Detroit Timken Sper share - - Highest S per share Range. Since Jam 1 Highest Sper share 10 Jan 1674 10 Jan,. 1774 Deo 16% Jan 117a Jun 16% Feb 15 Feb, V 974 Dec Feb 1087* Oct 974 Aug Dec / 3274 Jan Dec Dec 109 Va Feb Jan 3 ;1234Fek,18 10 Jun 3474 ; 25% Jap 34% Mar 23 101%-Apr 5 2944 Jan Nov Jan 18 43A Jan 3 Feb £ 21 Jan 5 12% Mar 18*' 38% Mar-21 474 Jun 674 Jan 874 Jun 10%, Dec 10 41% Mar, 7 / 12 t Jan/ 3 44% Jan -17 26% Jan" 13 r .4174 Mar- 9 j 29% Mar-23 - > ,/ 6% Mar 30 Truax-Traer CoaLCo.__.i_'. Coach 40% 13 *40 474 '/ 13 r *12% 674 ' *4 • •/; 4074 1074 35. par 347* -50 1 56% 99 56 •• / 374 6 99 374 25 - f 3% 33% ; - 14% 1474 1474 3474 34 V* 16 ' 191974;, 19- *15% 16 '/ 974 " 974 10874 10874 -• 10% 10% .7. 11 2174; 35 35 / \ 22.74,.; 35 3474 5 74 6 6 r •/ 25 ,; 3674 574 /6 1474 4.800 34% 6,800 Thursday Apr, 6 , t per share 1674 Friday, ; Apr. 7 $>per share > 19,600 19% ^ 20% 14,000 *15% 17 9% 9% 108 7/a 200' 10 10874 109 10%' 21%, 102 : 11% 36%' 10% 13,200 10% 320 2174 35 35 CLOSED, 2,400 12,100 GOOD < 800 FRIDAY *100., .102 12 1274 100 "< 3674 574 STOCK EXCHANGE 21.Va, *3474,, - 35 74* 1174 Shades, =,1774, 9% 10% Sales for the Week, \l 16% 108% *100 ' 110 14,74' 1674 2174 12 8,900 y 19% 1674,. 700 Va' 25 34 3474, V 1974 2,900 106 /; 106, Va/', 14%/ 1674 V/ 35 35% , 39% I per share 10174 10174 * 1174 2,900, 35% 3374; Apr. 5/ ; 2134,, 22 35 *101 % 102 > UV* / 1174 *35 3574 4% Wednesday *15% 16 9% 974 109 109 - / / 10% 11 . 210, 3% high SALE PRICES 1974 ' 98% 25 1674^/16%i/'^;f<\.1674:;."::16.74;... -t 774 5674 /. 106 . 1,60.0 98,% :■ 34% Apr. 4- 60 300 1974 56% .*• $*per share,/ •/.$ per share & 33% 4 ' ?"Xow and 19% 374 :'•> 14% 34 va 1,700 4 *7"Va 25 106% 6% 40.74 4 99%;, *106 2574.' ■ 10674 10674/ 7%: 5674 *9874 - 374 ' 33 74-. ' 3374 25 57% : 4%. •; 1,210 13 6Va *40, V : :■ 400 18,100 56% *774 7% 74' 99 • *12% 6%, 4074' 19%. 19 Monday .**' "V '/ Tuesday / *10174 .102,1174'.' 1174 par par *7% 7% 56 Va * 19- " 13 674 40% *4.: 4% 1874, 18%, ;■/ ,/• 2174^' 22 74 par " 1 Co *1274 ,gi/8 4074 1474 9% ; 974 *10874 109 _^__5 coip__No ( $1.50 conv', preferred_~--_No $4.50 prior preferred^...—No Twin City Rap Transit com__No 5% conv prior preferred Twin *15% -.No par 20th Centm y Fox Film a 40, Apr. 1;// /v-. V- Apr. 3 / 1674,-16.%' 1974. 1974 —2 preferred 40 34 $ 'per share. Transue & Williams Steel..„No par Tri-Continental Corp common 1 $fi 36%' Jan/ 5 103: 4 • 8% - 39% 24%, ■=-/ Saturday > Par „ 28 40 *106 V2 10674 1474 ;•/. Transcont'l & Western Air Inc.^—5 V* Mar 23 3 39% *3274 3474 "/V/ X Transamerica; Corp 11 13 1074; Nov « 10 Jan 8% Jan .«2074 Mar 30 3714, Dec 103 98%; Sop/ 18. 7 104% Jan 1574 Jan 2574 - Mar ■/ 43 *774 * 35 34 ///■■ / 5,800 13 98% /• 374 ■/ //:.; 374 a: 1474 —5 . /// ,EXCHANGE , 1774Feb / 4 2074 Apr /6 „ 3 rv, tpershare , 14% Jan,; 13 7% ; 15% 13 % .,, 18% /'/ 24% /25/ *106. '15% 12% 99 Bearing——No par NEW YORK STOCK > Lowest;,' / *15 Va 13 Ve *4 • 5674 *98 Axleu.——; Roller stocks Year 1949 *774 *5574 , 3,600 1074 12% *674-r/ 6% 19 *3274 ' 3,800 53 1074 1374 *40 474 —15 —-100 6074 52% 10% 15%. 13% *12% Va 407* _Nopar com 15% ' 1 preferred!.., Range for Previous Lowest (The) 6 ;/ *3% 4274 Feb 33% Mar 17 14 V* Feb common; Thompson (J R)„—... ' - -6 5 43% Mar Co convertible 58% 53 ; 40 13 *1874 $2.50 59 1074 ; 20/ < *15 15Va 58% / 53 13 Va ' 43 *12V* 6 Thermoid *15 14 41% No par preference conv A Trust— *40 3 800 64.% 19 ——1 Jan 1,300 6474 preferred— 50 {Third Avenue Transit* Corp_No par Dec V/ 105% Jan 300 4% 18 18 1874 '■'••/, 374 5Va Feb 12% 474 . 64V*,. Thompson-Sta,rrett Co com..No par • .. :• 17% 19 J!Io par 6. f$3.50 preference Tide Water Associated Oil com—10 25V* Mar=24 10674 Mar 21 $3.75 preferred :Nopar 3% Mar 27 *12%, 5 " 1774 64 Va $2.40 6 Mar 27 100 -V 18 % / 59,74 Mar 17 4- Oct Mar " 5 • Thatcher Glass Mfg Co common—5 17 Mar 5 63% $1.25 1 Jan 107% 3274 Nov 52 5 13 Dec 40 Jun Jan - 1774, 474 1874 Texas 40% Mar 20- 3 7 > Dec 474 10274 May 13 74 Jun 17% Jan 7 1274 <12% 1774... 63% Tetion 1 r 12% 5 18 18 V2 Sub * 3 Jan Apr *12 12% 5 '■« 18 63%, 31 7% Jan *12 5 18 25 Producing Co Gulf Sulphur Texas 5 3 12 *17% ___10 ... Texas 31 14% Jan / *4% Co Texas 9 127* Jan 12 ,■ ____15 Corp:, Texas > 61% Mar 22 3 • Telautograph Corp -Tennessee 65% Apr- 6 2074 Apr 6 7474 Mar .17 14 6% 41% Nov 24 242 100 500 CLOSED, 21 60% 9% 241" 14% 10 V* 39% Swift International Ltd. 18% Feb : 27 3 V 14 Jun Jan 241/ ' Jun 35' Mar 474 ...25 147# 13% 39% \ 10% Mar 23 874 Nov 32 % Aug Apr 1974.. Jan 59% 9% 14%, EXCHANGE 20% 39% Texas Jan • Feb 674 60 *914 28 20 V* ' *39% . 6 ,..v 3374 9874 *59% 9,600 STOCK 49% 27% ' 1374 197a 12.50 *48% 28 13% " 10 4%% 7% Mar 30 Jun 6 23 49% 20 V* 22 V* 30% *61% 10% 3 Jun 1474 20 23 % 10%.. 10 974 174 13% 20% 23% 10% Sweets Co of 83% Jan 274 474 13% 20 25 1974 17% « ' V- 121% * 10 % • ,23% Feb 6%-Nov 61% 50 * 4 Jan 74 • 61% *120% '122 Corp Mar 13 19% Jan Jan Mar 61 122 6,600 102% 1974 *99 V* t 100% Shares 28 *102 3*74/ 317'*, 157#; 1574. . 22% *63 V# 10% V* —„10c Co..; Apr 15% Mar 10%? *99 V*' Sales for the Week 38% " 17% . 27 74 Apr, 7 $ per share *9874 ' 99% 30 - 63%; 63% io% 99% —25 California of Steel 64 10%. 13 %,' 22 29%,- 30% 38% *98% 17% 99 V# 61 *120% 38 V* '-=• 22% Sutherland Paper Co 37% Mar 23 Jan 34 Superior 17% 22% *63% v ...100 1 Feb 29 common—„___1 Mining Superior Oil 42 y# Mar 16 108/4 36% / 12- 12 3 Feb preferred preferred series A— Sunshine 27 38 11% Nov 5 Apr 4%fe 17% 22% 29 V# 2274, .No par 4%%, preferred series B Sunshine Biscuits Inc v 15 12% Feb 9% Mar 30 4%% 4 Apr' A Sunray Oil Corp 4 . 1IV# Feb Dec 8% Jun 2574 Apr 252 3 Class 9 Apr. 4 • 23% Apr 8% Mar 30 Dec Jan Sun Oil Co common. v_„! 21 25 Sep •• 14 *17V* _20 Sunbeam Corp —;___^._____iNo par Sun Chemical Corp common 1 $4.50 series A preferred No par * 1 62%. Mar 24 25 * 19 Jan 99V# Apr 41% Feb ".27% 3 118% Jan - 14% Jan Dec 7% Dec 21V* Sep 607a Dec Jun 106% 15 17% Jun 874 Aug 30% Jun ... 55 V* Feb 11% Dec 774 Mar 127 Oct 7, 10% Mar 23 20 122 Jun 1634 8% Jan 95% Jan Mar 71 13 Oct Sep 66% Jan 15 45% Jan Dec 9% Feb 9 . s _No par 96 38% 31% 23% Mar 23 52 *14 99 % 13 Feb 14% 31% 16: < 17% Mar 16.» Jan 14% 38% 20% Jan Jun 14% 31% Dec 6% 28 *98% 18% Bee 28% 28% 99% common 27% 19% Friday Apr. 6 102% *48 28% 31% 21% 90 49 % 28 V# 19% 38 V* Feb Jan 19% 49 % 31% 12% 4. 27% *102 • 19% *98% * $ per share 49% *49 15 Inc Jan ; 27% 102%' *102 —100 & Co % 15 , 38; 27% ■! Thursday $ per share 14% 14 V2 5 27% PRICES Wednesday Apr. 5< 28 V# 28% *1474 , SALE . $ per share 1021* 19 % 49% *28% 1 27 % *102 19% * 49 No par preferred (J 19% 50 Apr. 4 $ per share 102% common preferred L 27% *101% HIGH Tuesday Apr. 3 $ per share 100 common Spring (The) Bros Stevens 3 of Ohio Monday Apr. 1 Sterling Drug Inc common 9 6 < Oil Co Sterchi . 7. 34 % Jan Saturday . (1477) RECORD LOW AND * Par convertible Starrett 28 39% Feb 31% Mar 29 STOCK preferred series A Standard 1 36% Jan .- 374 f* 1 Jan 33% Standard 50% Mar 41% Aug 100 6 CHRONICLE * i«k • 2 • 6 24'A v 28 Apr 102% Feb 21 24t Jan - YORK 1 STOCK EXCHANGE $ per share 4 Feb . NEW Highest $ per share 96% May 12 YORK FINANCIAL 37% 6 1,800 37% 5%. 280 / 6 3,200 U •39 Nov 46 i 1074 Feb > 1974 Jun 3374 Jun 127* Apr 3174 Jan 4574 Dec » - Jan 11%. Jan 20; 107 Jan 112 Aug >94 Jan 96 Nov 96, Jan 94 Aug 90V4 Jan,30/ 8674 103 2574 Jun 3274 Sep 7374 Jun: 89% 48 Apr 30 74 Dec 5174 Jun 82% Jan Feb 50' 367* Jan 31V* Jan s Dec 25 Va Jan 10974 Oct 106% Jan- Oct 10 V* Jun 147* 6174 Jan 19% Feb 85% Oct 3174 Dec 103 Jun 474 Jun 2974 / Jun 10674 ■ Dec Jan 40 Dec 24 25 JanV 9 1374 Jan 80,% Feb,- 3 13 3 7 374 Sep 3% Dec 374 Jan; 374 Jun 974 Dec 874 Jan X44 74 = Oct Dec 274 Mar 29 44% Jan 64% Jan 3 3 18 74 Jan 4 Mar Mar 16 783A Mar 6 40'A Jan 13 46 Va Mar 28 53% Jan 13 61V* Mar 17 Va Feb 17 19% Mar 22 974 Mar 26% Dec 1374 Sep 26 V* Jan 27 11% Mar 30 29 Feb 14 % Jan Jun 26 Dec 17% Mar 30 24 19 Jun 25% Dec 17 23 74 Jan 18% Feb 30% Dec Mar 102% Nov Mar 30 27% Jan 100 25 Mar 18 12% Jun 17% Jan x89 74 Jun 116% Dec 110 Jan 23 Jan 187 Oct 175 674 43 Jun May 15< Jun Jan Mar 11 10 11% 17% 1774 U S & Foreign Securities No par No par No par 20 100 2974 29 V* 103 15 V* 116% 188 U S Freight Co U S U S U 9 4274 Mar 31 3 18 52% Jan 72 Dec For footnotes see page Feb 4 Mar 28 83A Jan 9 3874 Mar 23 4974 Jan 10 8 69% Mar 21 22. preferred U S Industrial 147* Mar 31 15 74 Jan Jun preferred Hoffman Machinery com 4'A% 25% Mar 20 28 Va Jan 38 Gypsum Co common 7% 2 10 Dec 72 Mar 3 45 5814 18% '2674 1774 1 22 3 4614 4 11 73 16% 17% 4 S Leather Class U S A conv Lines Co common preferred common 4%% preferred Pipe & Foundry U S Playing Card Co U S 103 15% 15 Va 11614 116% *186 *9% 188 10 No par 41% 4274 1 16% 16V* 16Va *53% No par 23% 54% 2374 No par 13% T4% 10 Co 10 *53% 24 13% 40% 100 Chemicals Co 5 *8 20 39% 10 * 70 84 85 32% 3274 107% 10774 *7% 8 37% 38 1074,, 10%. 10% 1074 43 43 V*. 43 Va 43% 1,700, 12 V* 12%, 12 V* 12% 3,800 28% 29 28% 29 3,20(4 . 4474 44% 8%.,. 39% 71 1,800 45% 44% 113 113% 113. 102 *98 29,900 113. *98 102 96% 96 *10474 105% 105% 170 ^ 97 *96: 8% 3874 *70 2674 374 4614 4. 1114 73 1674 45 5874 1874 2674 26% 3 46% 374 1074 70V2 16% *4474 58% 18% 26.%,, 11% 1 7% 17% 29% . 11% 1774 17% 2974,.., 103 1574 117 188 10 54% 24 14% 41% 1674 8%, 39 7074 1 2674 3% 4614 4 1074 71% - 86 50 27%., 27/ 27% 4.700 87 X27 i 85% 87 2,600' 51% 52 51% 52 3274 32% *32% 27% 28% 27% 108% 107 108 600 19,200 16% 16/ 17 84= 85 31% 32% 31% *106% 10774 *106% 500 32 2,200 7% 3874 '/••.i' 107% 39% 1 400 •'1 1 ' ' ■ 27 27= 27% 3 3 3' 3% 46% 3% 4 1074 11 7074 70 •' • 6,300 ' v 27 46'A 10 ■ 7% 38% 8 *7% 38% 500" 21,100 108 s 85 1574 *83% 1,700 33% 28 46% 340 46% 4- 3% 42,400 11 11 70 100 900 14,500 - 2,000 70 100 1674 16% 1674 16% 16% 1,700 4574 5914 *4474 45% 45% 45% 300 58 Va 59 34 1874 18% 1874 18% 27, 27 27% 1874 27 1134 1774 1774 3014 104 15%. *102 *15% 117 11774 *187% 189 *914 10 *53 53% 24 24% 12% 137s 40 4F .16'A *8 38% *'< * —— 100 105% : 26 11% Jan 117'* Mar 23 84 32% *10774 109% 774 7% 3774 3774 1774 29 Va 16 32 % 1714 102% , 29% 445/a , *8314 1174 $4.50 1st preferred 4474 1074 43% ■ 12Va, *98 102 i * 95% ^ 96 105V* 105V* 27% 27% 87 87% 51% 5174 3274 32% 26 % 27% 107% 107-V* 1574 1674 86% 8774 5174 51% 32% ^32% 26"% 27 74 *107 74 10874 1574. 10%4t 43* 12V*. 29 *112% 11374, . 1 Theatres ; ;■ 9574 96 *10474 105% 27 V* 27Va 1 of 17 54% Jan 1 18Va 1074 1074 43 Va./,; 43 74, 12% 12V*. 2874 2874 43 74 - 44%.. 113V4.H3V* *98, 102 / interest & Certificates 24 4 1674 Oct 8% Apr 49% Jan 7 V* Jan Mfrs Inc Paramount 3 874 Jan *45%., 46 58% 5874 Merch 4 Oct 74 1674 United 874 Jan Dec 11 United 46% Jan 974 30% ' 4 3. 182% Jan 26'A 5 No par Co.— *72 16% 5 Engineering & Foundry Fruit 11 374 4674 9 12 Sep Jun 374 —.100 ... United Gas Corp. Jan Mar *46 2674 31% Mar 23; 189 3 100 United Electric Coal Cos 105 12374 Mar __ United 21/ Jan Apr preferred ■ 52 1814 26% 1074 374 15% Mar 31 52 10 Gas Improvement Co—13Va 57 17% 11% , Jan 6 Corp__No par Corp United Dec 3274 *10874 110 774 774 '■ *3774 38 No par 10 No par Co_r Fastener 84 *32 Cig-Whelan Stores com__30c United Dec Carton Corp preferred 77o Jan Dec 1974 *8374 ..100 No par preferred & 10 (The) without dlv—1 United Dyewood Corp commons—1 2274 5574 common. -No par United 3 19% Mar Inc $3.50 convertible . 6 - Jun Feb No par New United 3. 12 Mar 29 preferred__50 of> America Carbon United-Carr 1 12 11 Lines United Board United 6 474 Mar 17 1974 94 $4.50 28; 1 , Corp 4%%. preferred 42% 16 —25 common.—5 convertible preferred 100 United Biscuit 53 : Mar 29 27% Apr 6 50 Aircraft United Air 28 July 16 4non-cumulative = Mar 29 Feb 9 % Jan 47 Va 70 Mar 20 39% Apr Dec Jun 112 6 3 series.—.—No pai United 28 Apr. $4 Union Tank Car Co 5 Feb Jan-17r series Preferred 25 / Apr 40 $3-50 34 % Mar 20 v 25 Jun 1474 Aug Jun 52% Feb 774 Mar 28 374 Preferred 2874 Apr 87 26 No par No par No par series. Unicn Pacific RR Co common.,—50 17 Jan $3.70 Union Oil of California 25 34 28 2874 r 43 74 43 74 *1127* 11374 *98 102 .*9574 96 *10474 105% 2774 27% 8574 8674 5 1 72 51 74 *31% 32% 26% 26 74 *107V* 109 1574 15% ser__No par Preferred 89% Mar 16 33 4074 Un El Co of Mo pfd $4.50 % Mar 29 110 Jun - 30, No par 27% Jan : 5 3 Jan 3474 105 26 274 45 Jan 96% Mar 29 30 Va Jan 2974 •Union Bag & Paper Corp. Union Carbide* & Carbon 45% Jan 96, 106 V2 Jan 974 Oct 38% , *'25% Feb 23.,- Jan 27 (20Vp July 10474 Jan 30 10/ 113% Mar 31 111Va.Feb/ 2 Jan 13 74 Jan Udylite Corp (The) , 110%, 107* Underwood Corp-^-/-/-^-.il-JIo.paf"'.; - *4274. 43 74 ' Union Asbestos & Rubber Co_____5 1274 1274 16% 8% 3834 nhV4 2674 59% 59% 1174 11%; 1174 17% 1774 17% 1774'; 1774 173/a 29% 30 104 15% 117 *187% *9% ' 104% 15% 11774 189 9% 29% *103 *15% 118 *187% 9% *53 *53 12%. 1774 v 6,600 22,600 V". 13,000 8,700, 12,600 17% 7,700 30% 7,600 60 105 15% 900 118% 2,800 189 10 10 700 54 23% 2,800 13 13 V* 13 V* 13% 12,300 40 40% 39%' 40 V* 6.000 16 V* 16% 16% 1674 6,700 *8 8% 38% 4,400 2374 ■8 38% *71 23% 874 38% 73 23% 38% *71 73 500 100 21 COMMERCIAL THE (1473) NEW Range Binee Jan. 1 Year 1949 S per I per share t pe* share YORK Saturday Monday Apr. 1 Par share SALE Apr. 4 I per share t per share 1950 PRICES Wednesday Apr. 5 Tuesday ■ Apr. 3 t per share Monday, April 10, HIGH AND LOW STOCK EXCHANGE Highest Lowest Highest I per share CHRONICLE STOCKS Range for Previous Lowest FINANCIAL & t per Sales for Friday Thursday Apr. 6 f per share the Week Apr. 7 share ■Shares $ per share ' 199s May 82 Apr " 31% Aug 112 y4 Jun 30 Deo 29% Jan 24% Mar 27 93% Not nt) Feu 20 43 Jan 37% JaD 3 126% Jan 97 IS 133 Jan, 4K% Air U 44% Feb 33% Mar 31 Oct Oct 72 Mar 63% Apr 5 20% Juil 2o% LfcC 25% J<*n u 129% Jun 140% Jan 4 142% Mar 28 18V2 Jan 22 38% Jan 44% 139 Jan Nov 21 Jan Sep 41% Jan 5 2« » 4% Feb 6% Nov 8% Jun 11% NOV 10% Feb Apr 92 Deo 4 Jan 80 2% Jun Feb 11% Apr 100 4% Jan 0 16% Mar 8 5% Jan Oct 24 12% Jun 17% Jan 15 3% Feb 9% Sep 4% Peb 11 19% Jan 25% Sep 22% Mar 13 Mar 170 Jun Feb 12% Dec Jan 64 Deo 3 Jan 161 x25 131% 130% 131% 131% 131% 130% 50 convertible 4% 141% 141% No par 21% **4 ' preferre<i__25 2d pfd—5 preferred 0 Universal Universal Pictures Co Inc 4%% 34% 64 J/4 31% 31% 141% 11% *92 21% EXCHANGE CLOSED 21% 44% 44 6% 6 *11% ii'% *92 94 35 141% 21% 11% 2,100 400 2'% 71,300 1,700 GOOD 1.800 FRIDAY <' 44% ■- 11% 94 100 670 STOCK 32% 140% 142 < 63 34% 31% *5% V 6 131 *62 44% 21% 44% 6 94 34% 130% 10.900 43'A 150 , 6 900 11% 1,200 94 *92 4% 3% 3% 3% *3% 3% 3% 3% *24 25% *24% 25% *24% 25% *24 % 25% 15% *15% 3% 21% n% 131% 63% 142% *44 6 *92 3% *15% 15% 15% 15% *15% 15% 15% 15% 403 5 5% 8,700 23 23% 600 5 *23 . 5 5 4% 23% 23% 172% *170% *23% *170% 172 % 1 9% 9% 9% 100 *52% 53% *52% com preferred 21% n% 94 ,*24 1 Laboratories Inc 9,200 97%? 25% 3% ; 27% 42% 34% 141 % 44% 0 42 64% 31% 142 21% 11% *91 2 50 *97 32 34% *64 31% *44 6 11% • No par convertible preferred 21% 44% , 6 1 Universal Leaf Tobacco com—No par 8% preferred 100 2 34% 64% *140% 9 27 34 *64 30% 1 11% Feb 33% 64% 31 '/a 9 Jan 33% *04 30% Universal-Cyclops Steel Corp 61% Jan Mar 31 *130% 50 27 97% 41% No par non-c 97% 42% United Wall Paper Inc common 170% Mar 18 16 Jan 9% Mar 30 53 United Stores $4.20 $6 11 27% Jan 27% 7 r 27% .' 41% United Stockyards Corp 26 Jan 7 Mar 30 3% Peb Feb 43% 3 *97 41% 100 non-cumulative 27% 28% *97 40% preferred 7% 97 40% com U SLTobacco Co common 5 6% Mar 21 92% Mar 30 21 156 1% 27% ' 97 100 D 8 Steel Corp common.. 21 22 Smelting Ref & Min preferred 27% 97% )% 1st preferred non-cum -26% 27% .—10 7% 6 44% Apr 4 s% .ion 100 O S 32% Mar 23 68% Mar 28V/ __1 8% 133% Mar 2 40% Jan 20 33% common. Plywood Corp 3% % 10 €2 8 preferred series A— U S Rubber Co common 3 Mar 13 4% 5 *23 23% *170% 5 23% 170% 171% 23% 10 170% 53 *170% 172% 10 9% 5,300 53% 10 9% 9% 53% 10% 53 9% *52% 10 53% 4,700 *52%. It 17 Jun 25% Apr 11 Va (>•• .V 26% Apr *' 20 Jan 25 Oct 20% Jan 85% Mar 97 Dec « 23' 3%%>. preferred Va-Carolina Chemical 5 Jun Jan 101 Jan 90% Mar 22 6% Jan 27 8% Jan Jun 118 Jan 79 Jan 27 96% Jan 11 15% Jan 20 Dee 18% Jan 18 22 113% Jun 118 Feb 18 117 Vicks Shreve & Pacific Ry com—100 5% non-cumulative preferred—100 11 82% 33% Oct 115 Jan 20 Jan 17 27% .Tan 2" 25% Apr Jan 10 22% Feb 7 7 30% Feb 17 37 Feb 8 11" 30 Mar 1 11 34% Mar 28 ! J 23% Mar 30% Api 28 30 Mar 32 Apr 31% Jan 45 Jun 60% Jan 49% Mar 31 12 Jun 14% Sep 13% Feb 7 25% Jun 31% Nov 30% Jan 17 May 105% f r 9% 25% : y 25 25% 25% 9% 9% 9% 9% *27% 28'A 28% 28% 13% 14 13% 14 25% 25% 25% 26% 1,100 • 800 * 3,100 10,000 ■ *99% 103 *99% 103 *99% 102 % *99'A 102% 103 *99% 101 101 101 101 101 *99% 102% 47 *46% 46% 48% 48% *97% 9.9 *97% 99 103 100 10,600 9% 28% *28 - 25 26% 9% - *46%. *100 *100 5 common . • 7% 46% ' V *97% 7% 47% 47% 99 48% *97% 99 140 2,400 99 *97% • 1 . No par 7% 7% 7% 7% 7% 7% 100 *85% 88 87% 88 88% 88% *87% 88% *87'A 88% 300 10 21% 21% 21 21% 20% 21% 20% 21% 21% 21% 16,900 ...100 116% 116 Va 116% 116 Va 116% 115% 116 Va Iron Coal & Coke 4% pfd Virginian Ry Co common— 6%. preferred VJsking Corp (The).. 25 25 *20% 25 *28% *33 33% 33% 33% 34 34 ;r'Y Vulcan 20 *29 29% *28% 29% ••*28% 29% • 20 *34% 35% *34% 35% *34% 35% *49 51% com 6% div partic preferred Virginia Elec & Power Co $5 preferred Mar 23 31'A Mar * 3 Ji.14 OaO Jan 23% Victor Chemical Works Dec Jun 24% 4 100 25% 24% 10 Jan Apr 23% Mar 28 91 33% 23% Apr x44 % Mar 15 Nov 23% 9% 2.50 49% Feb Dec 28 14 100 Dec 47 Jan 13% 101. 98 Jun 23% July 13%. • 2.50 Inc. 8 Jan 33% 32% 13% Vick Chemical Co J Co Co 10 97% Mar 85% Jan 13% 6 12% Jan Dec 13% 26% Apr j'-n 14% Vertientes-Camaguey Sugar Co__6% 2« 13% 26 28% 9 Feb 11% 23 14% Jan 10 3, Uhu 25% 24% 28% 3 24% Feb 23 24% era 9% 23% 28% Norman Raalte NOV Amerlca__No par 10 Van Van 27 Jan Vanadium Corp of 7 Jun 98 4 12 28% Mar Nov 9 10% Jan 14 20% Feb 7% 20% Detinning Co preferred 1% com 116% 7% * 116 Va 20% 28% V 20% 31 31 28% 28% 116 20% 31% 28% 31 20% *30% 21 % 30%" 5 common 7% 28% * 5,100 280 *20% ; 21% 21% 22 31% 31% 30% 30% 1,700 28% - 29'A 28% 28% 1,800 *34% 370 800 36 35% 35% *28% 29% *28% 29% *33% 35% *33% 35% 52 *50 ....; W 101 21'A Jun 6% Jun 33 Oct 103 Jan 31 Jan 4 Jan Jun 17% Dec ,1fi tqr> Jun 101% Deo 97 Jan Jan 16% Dec j.^,% 18% Jun 30% Deo 29% Jan 17 9% Apr 16 9% 4 39 % Mar 20 % x87 % Xl2 10 Feb 105% Feb 13 7% Jan 6% 7 14% Jan 32 11 Dec 60% Mar 4 19% Feb 103 Wabash RR 4%% Waldorf 4% preferred (Hiram) Walworth 50% 51 *13% 14 14 14 *13% 14 *31 31% 31% 31% 100 *103 100 104 38% Peb Warren 105'A *104 100 105'A 37% 37% 8y« 8% 17 y« 17% 17."% 177/e *102 102% 102% 102 % 102% 102% 5 14 14'A 13% 14% 14'A 14% 14'/a 14% 14% 14% 45.000 31% 32% 30 31% 31 32 31 31'A- 31% 31% 6,100 4,700 17% No par Jun 22 7A Jan 14 18'A Jan Jun 25% Dec 24% Jan 28 26% Mar 24 Petroleum Corp Washington Gas Light Co_ Jun 14% Sep xl3 Peb 27 15% Jan Waukesha Motor Co 5 13% 16% Feb 24% Dec x20 Mar 14 5 *20% 11% Apr 17% Nov 13% Apr 6 17% Mar 16 Wayne Knitting Mills Wayne Pump Co 3% Jan 6% Oct 5% Jan J 6% Mar 15 13 Warren 28% Mar 23 1,600 8% 14 17% 3 *26 No par 5% 5 38 % 18 17% 38'A 9% 9 9% 9% 18 9% 102% 17,300 17% 17% 102% 102% 9,300 39 3,300 250 103 17 17% 16% 26% 26% 26% *26% 13% *13% 13% 13% 13% 20% 20 % *20'/» 20% 15 15% 147/a 15% 14% 14% 13% 14% 4,000 6% 6'A 6% 6% 6% 6Va 6'A 3,300 27% 28 Va 3,100 17% 21 15'A 15 -1 Inc < 37% 38 •5%: 5% 17% 16% 16% 17 17% *26% 26% 26% 2 6'A 13% 27 13'A 13% 13% •20 *20 20% 400 600 20'A Jan 24% Jan July 84 % Deo 83% Peb 28 85% Feb 8 16% Jun 23 He Jan 20% Jan V 23% Jan 18 West Indies Sugar Corp 16% Sep 22% Oct 23% Peb 25 West Kentucky Coal Co 14% Jan 27% Feb 25 West Penn 26% 26% Feb 24 West Penn *112% 113 112% 112% 7 4.20% Power 4%% pfd —100 100 preferred series B 113% 109% Feb *108 109% >108 109'A *108% 109% *108% 109 % 109% 109% Mar 24 4.10% preferred series C— 100 *109% 109 s109 109% *109 109% *109 109% -5 13% 13% 13% com- No par 100 *46% 47% *108'A 109% 100 .. 109% xl0% 78 Jun 27% 1,300 33% 11% Tobacco 13% 30 % 8% Foundry & Pipe Webster •104 104% 400 13% ?0% 36% 23% 11 30% IZIIlOO 3 Jan 104% 52 14 31 Va *13% • 36% Warner Bros Pictures 24 104 103 •50 31 V 8% common preferred 16% Jan 9 31 oar —— jt« 15% Feb 50 —2.50 .No G & W Co Baking Co 5% % ; : Walker Ward Apr 50 .No par .No par preferred- System Walgreen Co common 19 % 23'A Jan 6 13 107 Apr 115 NOV 111% Jan 18 104% Sep 108% Jan 108% Mar 24 108 Deo 107% Jan 13 101% May 25% Deo Apr 114 Peb 12% Dec 17% Jan 13% Jan 4 35% Jun 50% Deo <6 Jan 2& 51 < May 10o% Jan 108 Jan 4 110 t 104 18 Jan Feb 16 3 14 Wesson Oil & Snowdrift Electric Co West Va 4%% Pulp & Paper preferred Range for Previous 5 Lowest Highest $ per share $ per share t per 8% Dec 77/a Jan 13 41% Dec x39% Feb 16 16% Deo 16 21 Sep 20 Jun 53% Jun 13 21% May Jun 20% May 98% Feb 21% 102 29% 71 Jun Mar Jan 9% Feb Western Air Lines Western 21 Jan 3 35% Mar 22 28 Jan 3 34% Mar 29 Western 66% Jan 3 73 13 Jan 18 24% Mar 22 Deo 19% Jan 24% Mar 30 27% Feb Dec 30% Jan 34% Mar 23 104 Aug 103% Jan 6 105% Feb 18 Jan 22% Feb 16 26 % Jan 6 Feb 20 6 Wheeling & Lake Erie Ry_ Wheeling Steel Corp com 112 115 Apr 4 1ft 52 Apr 6 81 Jan 3 89 Feb 28 41 Feb 27 Dec 30% Jan 13 12% Jun 16% Dec 15Va Feb 8 Jan 32% Dec 31 Jan 4 Feb 34 Dec 33% Jan 12 34% Mar 31 Dec 12% Feb 3 5% Jan 15 3 14% Feb jan Feb 20 X42% Jun 57 % Dec 55% Jan 5 8% Jun TVc »%Jan « 13% Jan 31 79% Nov 77'A Jan S 82 Feb 27 Jan 7 $5 White Dental Mfg 46% 46% 46% 700 109 109 Wisconsin 1 141 22 Jun 35 Nov 32% Jan 10 39 Mar 21 44 8ep 49% July Jan 3 51 Feb Jan 11 3 6% Iron (F <9 9% Dec 16% Mar 31 Feb 72 Oct 69% Jan 9 73 65 Jun 76 Nov 74 Jan 4 68 Feb 89 Dec 83 Mar 29 89 Jan 9 66 Feb 82 Dec 80 Jan 25 88 Mar Oct 10% Feb 16 13% Jan 30 % Apr 11% 8% Jun 18% Feb 12% 19% Jun 46 46% 3.400 17% 17% 18 7.600 34 34 35 34 *33 34 34 72% 23 Va 34% *71 22% 72% Dec 27 Jan 13 Jan 10% Feb 10 39% Jan 36% Mar 14 40 Jan 23 28% Nov 26% Jan 4 31 Feb 9 53% 77% Dec 72% Jan 13 11% Jan 3 Jun 10% Jun 20% July 3% Peb dividend 14% Jan 33% Dec 31% Jan 13 4% Oct 4% Jan 6 fln£ asked prices; 00 sales y Ex-right* * 12% Feb 6 Yale 23% 22 22% 22% 25% 25% 26 25% 26% GOOD 34 34% 34 26'/a 34 % 25% 3374 33% 3* % FRIDAY 103 % 1037/a 200 23% 1,200 104 104 103% 23 *110% *103% 103% 23% 10 50% 51 51% 52 6,500 86 %■ 85% 86 230 35% 34% 34% 35 35 35'A 35 35% 20 *34% 35 1674 17% 17 17% 17% 17% 17 17'A 17% 42% 43 41% 42 7A 41% 42 41% 42% 42% 43% 34% 34 34 13% 57A 13 *34 13% 1 5% No par 51 12% *80% 10 .11 34 13% 13% 5% 6% 57a 51 12% 81 *80 % 11 *21% *141 34% 13'A 6 *50% 12% *33% 13 5% 51 No par com series *10% 21% 21% 143 *141 36% 36 % 50% 50% *36% 50 51 51 12% 12% 81 16% 17% 17 *50 % 11 21% 10% 10% 21% ».-• *141 21% *141 141 10% 400 21% 3.600 142% 36 36 50% 50% 7.800 17% 4,600 17'A /.'■ 17 17% 17% 17% 17% 71% *70% 71% 71% 71 % 76% 76% 76% 77 77 83 83 83 70 87% 87% 87% 88 1.4C0 11% 11% 11% 11% 28% 28% 28% 76 No par *82 84 *82 83 *82 83 88 88 11% 11 % 28% 29 No par 87% 87% 87% 88 5 11% .11 Va 11% 11% 28% 23% 29% ! *37 Young (L A) Spring & Wire.No par Youngstown Sheet & Tube No par *28% 29 83% Mar 23 15% Feb Youngstown Steel Door *82 38 11% 11% 11% 28% 29 29 29 79 80 v 79% 81 80 No par 13% 13% 1 13% 14 13% 14 —No par TF% 67% 63% 6C% 64% *5% 5% 5% 5% 5% *37 81% reorganization 800 *70% 70 company's 10% 21'A * 36% 76 for 11 21% 142% 50'A 70 filed 400 36% *74 been 3 200 50 % 11% has 13'/« 80% 50'A 36% 37 tin receivership, or petition 400 12% 80'A 50% 11% Corp 50% 12% 51% 36% 75% Zonite Products Ccrp—. 9,100 50% 70% V 1 800 6% 37 *74 ■ 500 13% 57/a 50% *70 28% 34% 13% 6 81% *10% 21% 142% 100 25 *34 13% 6.800 12% 81 % 142% 34 : 8.100 - *80% 13 81 100 Mfg Co 900 17% 1 37 * 115 86 11% ■ 115 15,800 86'A 37% on this day. 23% ■ 8,700 Y 51% convertible preferred Radio 24% 115 8 800 22% 51 11% Zenith * 104 23% *110% 115 *36% 24 1,200 • 33'A 1 Feb CLOSED 25% ■< 50 6 1,300 EXCHANGE 72% 85'A York Corp common 69% Mar 29 STOCK 34% 71 86 conv series 3 9 tt 51 Va No par pfd 4%% Tcwne 34 34% 72% 86 No par Wright Aeronautical Wrigley <Wm) Jr (Del) Wyandotte Worsted Co 4%% 34 34% *71 49% Common & 34% ■ Vf 85 20 Prior preferred 4%% 3.400 45% 17% 49% 10 Prior .Shares 9% 45% 22% 22% 10 24 12% 8% 49% Co 27 30% 8% 85 Co W) 27 Jun 8 874 the Week t per share 18% 23 io Feb 30% May 16% Jun ; Sales for Friday Apr. 7 t per share 46 115 100 79% Feb 6 Apr. 6 t per share 17% 23 common - rl9% Feb 28 - 45% Worthington Pump & Machinery X59% Thursday Apr. 5 fper share V PRICES Wednesday Apr. 4 50 18% *112 common Elec Power Co Wool worth SALE 109 46 23 preferred Woodward HIGH 109 109% 45% 115 Wilson-Jones Co 139% Feb AND •109 No par pfd series A 11 Nov 109 No par Wilson & Co Inc common 25 3 140 , Tuesday 9 23 __5 11% Jan 6 l97/a Jan Jan ; 46% *112 Wilcox Oil Co conv 60 47 >/ l $4.25 preferred- 230 : 109% 46% 100 (The S S) Willys-Overland Motors $4.50 *109 47 12.50 prior preference conv 9 400 2.500 34 104% 22% Feb L0%Jan Dec 128 48 *103% White Sewing Machine Prior preference 7',a 50% Mar 30 100 26% 112% ■•( 13% *70% 25% preferred series B 26% 112% 26 Va 13% *34 34'A 33% 3.80% 5,800 17% 72% 22% 19% 13% I per share 34 25 1.500 19'A 13% Apr. 3 ... 33% 21% Y 13% Monday 18% 12% com_ 84 % 21% 20 26 26% 340 84% 21% 108% 46 34 84 13% 9 *33% 28 84 *46% I per share *71 27% 13% J Western Union Teleg class A_No par Air Brake No par White Motor Co 14% 21% 25% 113% Saturday Westinghouse Electric 44% Mar 27 Jun 13% 25% 113'A 17% Westinghouse 17% Mar 15 . 4% Jan 113% *45% 100 Weston Electric Instrument 13 43% Feb Jun 19% 9 100 Jan 18% 14% 20% 87% —No par com 24 Jan 10 Pacific RR 34% Jan Jun 20 100 Preferred series A 33 89% 70 20% 10 31 48% 7% May 19% l Jan Jun 28% Inc Dec 32% 19% Apr. 1 Auto Supply Co 19% Feb 3 24 Nov Dec *21% ' Par 30 115 21% Y 70% 26% 84% 21% LOW STOCK 46% Mar 24 July 237/g Mar YORK EXCHANGE Western Maryland Ry com 4% non-cum 2nd preferred 3J% 27% 84% 22 25% No par t per share share Feb Feb NEW Highest 32% May 8% 27% 34% 21% STOCKS Range 8fnee Jan. 1 Year 1949 Lowest :■*; 84% 21% 19% 4 West Virginia Coal & Coke- 27'A 27 Va 85 21% No par 1 corn- 27% 27% 85 2.50 com $4 convertible preferred ;:Y « Deferred 70 210 900 30% 5.100 11% 11% 11% 3.400 38 38 38 300 28% 29 29% 29% 2,400 79% 81'A 80'A 82% 9.000 13% 14 14 14% 2,100 6C% 63% 65% 65 67% 38.700 5% 5% 5% 5% 1,900 - , delivery. rCasb sale, 5% s Special sales, wd When distributed c Ex- Volume Number 4897 171 the commercial Bond Record italic letters In the column (1479) New York Stock «» friday The chronicle financial "Interest headed Figures after weekly - decimal Period" each Indicate In point represent one or case Exchange yearly more 32d the of month when the bonds GOVERNMENT Year 1949 Lowest Range Since Jan. 1 Lowest Highest Highest 103.28 Dec 103.28 Jan 108.13 Jan Low High AND ' Thursday Low High High Low High 110.23 Mar Treasury Treasury 3s 1951-1958 *103 103.1 *103 *102.31 103.1 •102.31 1955-1960 *108.16 108.19 *108.16 108.19 *108.16 108.19 *108.16 108.19 *108.16 108.19 2%3 1951-1954 *102.6 102.8 *102.6 102.8 *102.5 102.7 *102.5 102.7 *102.5 102.7 Treasury Treasury Treasury Treasury 2%» 1956-1959 *110.2 110.5 *110.1 110.4 *110 110.3 *110 110.2 •110 110.3 2%s 1958-1963 *111.28 111,31 *111.26 111.29 *111.25 111.28 *111.25 111.23 *111.25 111.28 2%s 1960-1965 *113.29 114 *113.27 113.30 *113.25 113.28 *113.25 113.28 •113.25 113.28 .-1950-1952 *100.24 100.26 *100.24 100.26 *100.23 100.25 *100.23 100.25 •100.23 100.25 Treasury Treasury Treasury Treasury Treasury Yreu&ury 2 %»_ 1952- 1954 *102.6 102.8 •102.6 102.8 *102.5 102.7 *102.5 102.7 •102.5 1956 110.23 Mar 102.31 Jan 102.31 Jan 104.9 Feb 104.9 Feb 102.1 Mar 103.8 July 104.15 Oct 103.8 Bonds ($) High 103.1 2%s Treasury for the Week Apr. 7 Low * Sales Friday ♦Apr. 6 Apr. 5 Low High HIGH SALE PRICES Wednesday Apr. 4 Apr. 3 Apr. I Low Tuesday Monday Saturday EXCHANGE Dec 108.13 BONDS NEW YORK STOCK 4 . LOW Range for Previous mature. point. a July - *103 102.2 103.2 102.7 *105.12 105.14 *105.13 105.15 *105.12 105.14 *105.11 105.13 *105.10 105.12 2%s_ 1962- 1967 *104.7 104.9 ♦104.7 104.9 *104.6 104.8 *104.4 104.6 *104 104.2 2%8_. 1963- 1968 *103.19 103.21 *103.18 103.20 *103.17 103.19 *103.16 103.18 •103.12 103.14 1964 1969 •1UJ.8 *103.5 103.5 ♦102.30 103 2yas_. : 2%s_ Jun 2 iJCC 1958 IOJ.IO *103.7 103.9 103.7 *103.3 itfo* •iitod *103.1 103.3 *103.1 103.3 *102.31 103.1 *102.29 102.31 • J ii,2.25 STOCK 101.12 Feb 101.13 Jun Treasury 2%a_ 1965 1970 *100.30 103 *102.29 102.31 *102.27 102.29 *102.25 102.27 ♦102.19 102.21 EXCHANGE 101.1 Feb 103.2 Aug Treasury 2%S- 1Q«« 1971' *102.28 1' 2.30 *102.27 102.29 *102.25 102.27 *102.23 102.25 **• 100.18 Jan 103.19 Dec Treasury Treasury Treasury 2%s_ Jun 1967 1973 *102.4 102.6 •102.3 102.5 *102.2 102.4 *102 102.2 •101.30 2 Vaa Ocp l»u< •JLtf <2 *105.1 luo.3 *j.00.1 lUo.3 *105.1 105.3 *105.1 105.3 *16j. Dec 1967 •1972 *102.4 102.6 *102.3 102.5 *102.2 102.4 *102 102.2 *101.30 102 Treasury ?%s_. lost ■io*S *102.7 102.9 *102.6 102.8 *102.6 102.8 *102.6 102.8 *102.5 102.7 Treasury 2%«_. _ZZZZZZ_19S2 1955 Treasury Treasury Treasury Treasury 2%a 100.28 Jun 103 102.10 Mar 18 Aug 102.30 Feb 105.4 100.13 Jan 102.30 Sep 102.18 Feb 100.17 Feb 101.3 Jun 102.23 Feb 24 102.15 Jan 31 Aug _ - 2%S_ 1954-1956 2%S— " . CLOSED 1 ; 102 GOOD luo.3 FRIDAY *101.28 101.30 *101.28 101.30 *101.28 101.30 *101.28 101.30 •101.28 101.30 *105 105.3 *104.29 105 *104.29 105 *104.29 105 •104.29 101.8 10T.8 Jan 105 101.18 Feb Jan 9 103.9 Jan 101.18 1956-1959 *104.8 104.10 *104.9 104.11 *104.8 104.10 *104.7 104.9 •104.6 Jun 1959-1962 *101.31 102.1 *101.31 102.1 *101.30 102 *101.30 102 ♦101.30 102 2 %S Dec 1959-1962 *101.30 102 *101.30 102 *101.29 101.31 *101.29 101.31 •101.29 101.31 2s Sep 1950-1952 *100.14 *100.14 100.15 *100.14 100.15 *100.14 100.15 ♦100.13 Treasury Treasury 1 2%« Treasury 102.18 Feb 1 2s 1951-1953 *101.2 101.4 *101.2 101.4 *101.2 101.4 *101.2 101.4 *101.2 101.4 2s 1951-1955 *101.7 101.9 *101.6 101.8 *101.6 101.8 *101.6 101.8 •101.6 101.8 1952-1954 Treasury Treasury Treasury Treasury Feb 2s _Jun 2s Dec ; 100.16 104.8 100.14 *101.1? 101.13 *101.12 101.14 *101.12 1C1.14 *101.12 101-14 ♦101.12 101.14 1952-1954 *101.20 101.22 *101.20 101.22 *101.20 101.22 *101.20 101.22 ♦101.20 101.22 1953-1955 *103.8 103.11 *103.8 103.11 *103.8 103.11 *103.7 103.10 ♦103.7 103.10 1960 2s •1C0.8 100.10 *100.8 100.9 *100.7 100.8 *100.7 100.8 •100.7 100.8 *103.12 103.16 103.16 •103.10 103.14 1%S International Bank i for ; Reconstruction ft Development 99.11 Jan 103.7 103.16 Dec Feb 16 103.18 Jan 9 25-year 3s 103.11 1972 *103.14 103.18 103.11 *103.12 2s serials of '50 due Feb 15 1953 *100.28 101.4 *100.28 101.4 *100.28 101.4 *100.28 101.4 •100.28 *101 101.8 *101 101.8 *101 101.8 *101 101.8 ♦100.23 101.4 2s serials of '50 due Feb 15 101.4 *100.20 *100.28 101.4 100.20 *100.12 100.20 *100.12 100.20 ♦100.16 100.24 100.4 *100 100.12 *100 100.12 •100 100.12 *100.28 101.4 1955 *100.28 2s serials of '50 due Feb 15 1956 *100.12 2s serials of '50 due Feb 15 1957 *99.28 2s serials of '50 due Feb 15 1958 *99.4 99.12 *99.4 99.12 *99.8 99.20 2s serials of '50 due Feb 15 1959 *99.20 99.23 *99.20 9§.28 *98.24 99.4 98.16 101.4 *100.28 100.20 *100.12 100.4 *99.28 2s serials of *50 due Feb 15 1960 •Bid and asked price. *98.4 98.12 *98.4 98.12 *97.20 97.28 *97.20 97.28 *97 No sales transacted this day. Odd lot tra nsaction. Thursday BONDS New York Stock Interest Period Exchange Last Transit Unification bond FOR *97.20 98 *97.24 98.4 *97.8 97.20 *97.8 97.20 WEEK ENDED APRIL 7 Bid ft Asked Sold Low 6 109 U 3%s series No. 35 103 % 108% 10 3%s series No. 110 11 12 13_ 3%s series No. 14 3%s series No. 15 33As series No. 16 3%s series No. 17 33As series No. 18 3%s series No. 19 Foreign Securities 33As series No. 20 3%s series No. 21 3%s series No. 22 3%s series No. 23 33As series No. 24 33As series No. 25 Wertheim & Co. REctor 2-2300 120 New York Stock 3%s series No. 26 Teletype Exchange Broadway, New York NY Last 3%s series No. 27 3%s series No. 28 1-1693 i..iur»uaj - 3%s series No. 29 33As series No. 30— sinking fund 5s 1957 Sinking fund gold 5s 1958 Sinking fund gold 6s 1950— (Dept of) 30-yr 3s s f $ bonds Canada (Dominion of) 4s I960— Range Since Jan. 1 Sold Low No. High 75 69% 76 67% 75% 63 % 65% __ *71 75 66 71% 68 63 Va 71% 67 66 % *71 *71 71%" *70% 04% 70 *70% __ 65 66 *70% __ 65% 71 *70% 64% 70 % *71 67 67 71 71 — 71 __ 70 71% 71% 70% 63% 71% 71 65% 71 *70% , 71% *70% — 71% 71% 64 71% 71% *70% 68 70 *70% 64% 66 *71 — 65 70 *71 66 \ 65 *71 66 65 103% 103% — — 104'A 101 Va 104'A 100% 100% — 101% 103 Va 103% 1978-Jan-July (City) High Bonds *74 Mar-Sept Feb-Aug June-Dec Brisbane s Bid ft Asked •73% June-Dec June-Dec ; June-Dec June-Dec June-Dec June-Dec June-Dec June-Dec. June-Dec: June-Dec June-Dec June-Dec June-Dec * June-Dec June-Dec June-Dec June-Dec June-Dec June-Dec June-Dec June-Dec June-Dec 3%s series No. 9 Members or Sale Price Low 3%s series No. T elephone ,' High City -June-Dec Week's Range Interest Period N D S New York Stock Exchange Jan. i No. High B Range Since Issue— Corporate Stock 1980 98.12 transaction. 3%a series No. 3% 99 •98 Thursday Bonds Thursday's Low New York r 97.12 •98.20 *99.8 Week's Range or Sale Price Registered RANGE a *97 ' 99.20 *98.24 *99.4 *98.4 97.16 *97.4 •99.8 98 'i *97.20 97.12 2s serials of '50 due Feb 15 1962 99.20 100.28 98.16 *98.4 2s serials of '50 due Feb 15 1961 96.24 Mar 23 96.24 Mar 23 2,000 101.4 2s serials of '50 due Feb 15 1954 100% 101 % . Foreign Government and Municipal Caldas Agricultural Mortgage Bank (Colombia) — {AGuaranteed sinking fund 6s 1947 AGuaranteed Akershus (Kingdom of Norway) jAAntioqula sinking *75% 75 75 *75% 71% 71'A Mar-Sept 1968 4s (Dept) collateral 7s A SAExternal sinking fund § A External sinking fund fAExternal Feb-Aug Aprii-Oct sinking fund 6s 1948 1945 7s ser B 1945—Jan-July ser 7s C D 1945_Jan-July AExternal sinking fund 7s 1st ser 1957—April-Ocf AExternal sec sink fund 7s 2nd ser 1957. April-Ocf AExternal sec sink fund 7s 3rd ser 1957_ApriI-Ocf 30-year Antwerp Australia 3s s f $ bonds (City) external ser Jan-July 1973 5s (Commonwealth) 1958 June-Dec 1955 5s — - 55 52 „ 52% 46 % 2 54 % 47 — — 52 52% 46'/a w— 55 54% 52 46 Va 1 55 * • 54'A ' — —. „ 39% 103 ■ 25 39% 103 52 104'A 102 37 97% 40% 102% 1 103% 103% 52 35 • —■ 103% Jan-July 103% —Feb-Aug 97% 10-year 3'As 1957 June-Dec 96% 96% 97 13 94'A 97 20-year 3%s 1967 June-Dec 94 94 94% 53 88% 94% 10-year 3%s 1956 •- 20-year 3V2s 1966 June-Dec 15-year 3%s 1962 Belgium External SABrazll 1955 AExternal to s Stamped 3.5%) f 6y2s of pursuant reduced AExternal to s Stamped f of 1957 April-Ocf 9 114% 81 60 April-Ocf June-Dec 115% 1 85 75 95% . reduced bonds of June-Dec 1979 1944 April-Ocf (Plan B) 3%s series No. 1 73 3%s series No. 2 AOs assented fund 6s 1960— 1960 : sinking fund 6s Feb 1961 AOs assented Feb 1961 — ARy external sinking fund 6s Jan May-Nov April-Oct April-Oct Feb-Aug Feb-Aug Jan-July 1961—Mar-Sepf A 6s assented Sept 1961 Mar-Sepf AExternal sinking fund 6s 1962 April-Ocf AOs assented 1962 April-Ocf sinking fund 6s Sept June-Dec 53 60 73 76% 47 28% 31 48 % 46% 36% 4 6'A 33% 34 28% *33% For — •«. - 33% — - — 41 *33% 28% 35% *48 % , 36% 36% 44% 34 28% 35 33% 28% 33% 28 34 33% *45% 33% *46'A 34 — 34 Financial Institutions foreign 60 76 securities 86 2 57*. 66 1 51% 58'% 26 67% 76 CO 4 86 6 66 66 58 58 74% 76 - ; — — 76 1 *71 June-Dec 3%s series No. 8 ——June-Dec 71% June-Dec 3%s series No. 7 65% 72 71 June-Dec 3%s series No. 5 ' 71% 10 65% r.arl marks & CP Inc. foreign SECURITIES SPECIALISTS 72 13 65% 72 *71% -•73% "-VS. -- ■ '» 50 Broad St., New York 4, N. Y. 72 71% •73% 72% 89 75% 65% —— - — * ' «• 73 67% Teletype NY 1-971 72% 73 Telephone HAnover 2-0050 34 *48% FIRM TRADING MARKETS 53 60 June-Dec , June-Dec 75% footnotes see page 27 40% 36% 34 *45% — 1961—Jan-July AOs assented Jan 1961— AExternal 35 39% — 3%s series No. 4 for 103 *37% 81 4 60 " 3%s series No. 3 102'A *58 (interest A 1978 to 3.375%) AExternal sinking 64'/» 4 81 funding bonds of 1931 due 1951. Stamped pursuant to Plan A (Interest External dollar 11 . 85 B% i\ 107% 93% 55% C5 86 — 102% 106% 116% *C3% 81 101 6 107%, 90 89% *78 1979—. Plan 106 ^..June-Dec A 1952 to 1 1957 April-Ocf (interest „ due Plan 21 (interest A 1979 1927 to 3.375% ) pursuant 3.5%) due 25 93% 85 __ April-Ocf Plan 3.375% ) 6y2s (Central Ry) reduced 1926 94'A 33 — 5 A7s assented 1942— 40% 101% 102% 102% Jan-July Mar-Sepf A Carlsbad (City) 8s 1954 Jan-July Cauca Val (Dept of) 30-yr 3s s f $ bds 1978_Jan-Jul|f 6AChile (Republic) external s f 7s 1942 May-No» (interest A 1978 to pursuant reduced to 8tampcd Plan to pursuant reduced June-Dec 93% 115 ..June-Dec external 8s 1941 98% 93% Jan-July sinking fund 7s 1955™ (U S of) Stamped A7s 6s 94'/a 106% 106% 93% Feb-Aug (Kingdom of) 97 35 40% 106% 107% 101 101% —April-Ocf 1961 25-year 23As 1974 25-year 3'As AExternal 46% • 39% 96 46 % — — ' • • 93% 46% 52 „ - —— . 52 1945—Jan-July 7s fund *L5 —— Jan-July *37% /■ 23 Monday, April 10, / 1950 i (1480) 24 NEW YORK BOND RECORD RANGE FOR WEEK ENDED APRIL 7 Week's Range Thursday Last Interest BONDS or Low Chile (Republic) cont vT 1993—June-Dec 32'/2 May-Nov AGuaranteed sinking fund 6s 1962 1960 AChllean Consol Municipal 7s A7s assented 1960 Colombia (Republic of) of 1927 fund dollar bonds 1970—April-Oct lAColorabla Mortgage Bank 6%s 1947 April-Oct S A Sinking fund 7s of 1926 due 1946 May-No® J A Sinking fund 7s of 1927 due 1947 Feb-Aug 'Copenhagen (City) 5s 1952 June-Dec 25-year gold 4%s 1953 May-Nov ACosta Rica (Republic of) 7s 1951 May-No® Cuba (Republic of) 4J/2s external 1977 June-Dec 3s ext sinking (Dept Cundinamarca Stamped assented extended to External 4s extl Jan-June Feb-Aug April-Oct gold 5%s 1955 8s extl s A Estonia 68- 26% 35% 40 44 y, 32% 37% 47 33 Va 28% 331/2 39 44% 33% 28% 35 % *46% 36% 44 *33% 28% --,33 33% *46% — 33% Week's Range 'or Thursday's i — 39 7 •5% , Stamped Low 5% A7s external Stamped loan water 78% 84% 1 79 % 84% 46 46% 32 40% 46% 49 Va *51% 47% Plan A 47% reduced 2.253) to 43% 43% 771/2 90 '~»51% 14 89% 89 85% 26 72% 25% 36 19% 109 A7s 1976 1976 7s 1967 series B secured A4 40% 50 17 99% p 99 • 99% 96% 96% 97% 31 "85% 90% 90% 91% 49 75% *76% 73% 77 External 63 76%; 55% *10% 15 — ' 1962 63 72 62 v*70% 56 62 Del ' A Warsaw 76% 87 87 % 71 67 % 73% 2 80 85 Va 67 73% 82 85 66 72% 1 70 70% . 71 71 11 3 May-Nov 13% 1962. May-Nov 13 13 13% 1^58—: Jane-Dec 10 10 ——June-Dec 7 7 external conversion Cauca 63 88 71 71 77 *—• April-Ocf * 7s 1958— See Cauca Valley - 63 53% 11% /<>'/. 1 61%* 72 „ 62 13% 95: 41 35 9% y. 14% 9% v. 14% v.l 95% 10 1 - 7 14 9 92% 96% 13414 1 134% *126 *134% „ *121 — .—-May-Nov 1979_^_ 88% '87 May-Nov .*■• 83% *__ 90 *90% 18 95 82% 92 94% 1978—June-Dec 4-4%-4%s external readjustment 1978—Feb-Aug 3 %s external readjustment 1984. Jan-July / Valle 49% 63 *53% 57% Jan-July 3%-4%-4-fts external conversion 97%, 92 Vi ' High (Kingdom) — external assented . , 1968 (Prov Of)' external %s 55 90% 60 *50% Jan. 1 Low 57 *72 2004—Jan-July 3%-4-4%s (dollar bond of 1937) External readjustment 1979 99 *. *60 Sydney County Council 3'/2s 1957— Jan-July lAUruguay (Republic 1 external 8s 1946—Feb-Aug AExternal sinking fund 6s I960-. May-Nov AExternal sinking fund 6s 1964 ..May-Nov 114 35 40 Va 40 y8 secured ASilesia 27 % *110% 113 loan dollar A8s 87 25 y» 25% 85% external Serbs Croats & Slovenes 47% 89% , No. Mar-Sept < , Stamped pursuant to Plan A (Interest reduced to 23) 2012 48% *51% Jan-July Jan-July Jan-July Jan-July 1976 1 f dollar bonds Jan 1 (Republic of) A6s 87 84% High *69 (Interest ..—Jan-July 1956 to pursuant (Interest *83% Range Since >' Sold,^ 59 Jan-July Plan A 1999.— to pursuant reduced to 2.53) 33% 4% 33% 33% A8s external 1950 . 40 28% *46% — Bonds Bid Sc Asked . : f dollar bonds Jan 1 s 33% — bonds Jan f dollar s 4. (interest reduced to 1960 April-Oct External gold 4%s 1962 Salvador (Republic of) 3%s extl 34 % 28% Jan-July -f ADenmark 20-year external 6s 1942 El Last Sale Price . (City of) 6 Vis 1952 April-Oct ASao Paulo (City) 8s 1952— —May-Nov Stamped pursuant to Plan A (interest / reduced to 2.3753/) 2001 May-No® A6yas extl secured sinking fund 1957—May-Nov Stamped pursuant to Plan A (interest reduced to 23) 2012 May -Nov San Paulo (State of)— • 8s 1936 stamped pursuant to Plan A (Interest reduced to 2.53) 1999 Jan-July 46% 28% of)— 30-year 3s sinking fund $ bonds 1978 Czechoslovakia (State) — 6% ) 39 4 *46 April-Oct Jan-July 1961 Jan Period . — 1928 Oct 1961 A6s Of A6s 5s 1951 (Hukuang Ry) AChinese May-Nov Mar-Sept Mar-Sept June-Dec 1962 5 *46 April-Oct 1961 46% 34% *33% June-Dec June-Dec June-Dec —June-Dec April-Oct A81nking fund 6%s 1961 6%s assented 1961 AGuaranteed sinking fund 6s 1961 assented Interest . High 32% ;■ 34% Mortgage Bank 6%6 1957 1957 A 6s High .'.BONDS New York Stock Exchange 46% May-Hi ov A6%s assented assented Low No. z *'t Jan. 1 34% May-Nov 6s 1963 Extl sink fund dollar bonds 2-3s A6s Range Since Sold ARome ^External sinking lund ABs assented 1963 A Chile Thursday Bonds Thursday's Bid & Asked Sale Price •Period New York Stock Exchange 92 86 92% 81% ; 91 86% 95 80% 8 81 80% ./,///.'*■• (Dept of) 11% A4%s (City) external 7s 1958— assented Feb-Aug 7 1953—,—-Fpb-Aug 10 1 6% 16 7% Greek Government— 1964 May-No® paid 1968 Feb-Aujf Helsingfors (City) external 6%s 1960 April-Oct Irish Free State extl sink fund 5s 1960—May-A'o® A7s 11 part paid A6s part Italian (Republic) extl f s 30 9% *65% 9 62% — 101 % 103% 41% 102 13% /. 11% , 37% RAILROAD X A Adriatic Electric 64% Alabama 38% 48 /; 55 34% 41% f to 3 % series B IA7s Public Italian 1947 . Utilitylf« to 2% Credit Institute A External Jan-July —-.Mar-Sept 1977 Board 5%s 59 1 62 Jan-July Sewerage 13 37% 37 35 , 62 — 60% / *13% 52 ;■ 11% *' / ; 1 : 46% /• 35 12 39% 38 % 38% 62 ;"/:>2///. 17 52 > ; > ASmall 1 99 32 Wii-'Tjr 101 5% 6% *6% 1968—Jan-July 6% —Quar-Jan —- 1 - • A4s IA 4s ~4 June-Dec 10 1968—Jan-July 6 assented agreement) A6s (1942 agree't) 1963—Jan-JuZy (assented to assented (1942 agree't) April-Oct (State) — sinking fund 6V2S 1958..—_Mar-Sept to Plan reduced to 2.125%) 2008 ASecured extl A "9% 9% "9% 9% C 7% 10 1 (Republic of) ANat loan extl ANat loan extl s s First 9 Via First 13% *13% — / '' 12 external Stamped 13% — Series G due 1967 page 101% 102% V 63% 91 60 63 36 59% 64% 62 % 63 50 59% 643A — 743/a and fixed 36% — J due mortgage Dec A4Vis convertible Like 98 V2 18 96% 99 97 Va 97% 2 32 •/ 96 > 933/i 35% 98 Vi 92 96 '/a 1995—— 1 1 West & June-Dec 1 94 Vi 88% 106 *44 102 34% 4s lien and 1 M series 4s D 49% 53% 88% 87% OO CO 44 85% 89% 71% 70 71 Vi 28 67% 71% 81% 81 81% 13 79% 81% 1985_Jan-July refunding 4s Jan-July 1951 Telephone of Pa 5s series C 1960 Loan 2%s debs Consol Consol Boston Steel -April-Oct April-Oct '• % __ *7% * 8% 8% 8% 71/2 8% AInc 14% J 15% ABreda *7% 8% 7y2 9 8% 8% 8% 10 8 7ya *7%- 9y2 A Jan-July ; /:•/ 38% 38% 11 37% 38% 36 3/4 — A .. mortgage series 3s K 1979 36% 5 33% 35 52 Va 52 Va 1 50% 52% 38 V2 38% 38% 3 37% —Feb-Aug (interest ; 46% 46% 9 44% 34%. 35% 35 32 353/4 April-Oct *58 54 58 : (interest June-Dec May-No® 46% 38 y8 46% 48 48 43% 48 36Va 36 36 Va Jkne-Dec Plan 99'4 25 122% 99 104% 104 101% 101% *101% 99% 105 8 100% 101% 101 102 5 104 105 102% 104% 104% 1967.' 1955 Mar-Sept May -Nov 81% 102 Terminal Co Consolidated first 4s 1952 Jan-July 81% 3 81 5 102 102 83 87 102% 73% 72% 74' 17 72 78 53 51% 53 15 49 Vi 56% 104% 105% 11 104 Va 105% *104 105 105 105 105 *100% 101 % 64% 100% 102 *102% 102% 102 % 103% 63 Va 64% *101% 102% April-Oct 1955 5s 81% 102 *__ April-Oct — Bush Terminal Buildings 9934 9934 100 24 — 63 ~ 102 • 69 102 Vi 14 98 100 gtd 5s 1960 106 196 *— ApriZ-Oct 2 106 106 105 C California Electric first Power 3s 1976—June-Dec California Oregon Power 3%s 1974— May -Nov Canada Southern consol gtd 5s A 1962—-April-Oct Guaranteed *104% 104 1033/4 --1 103% 104 50 Canadian 34 ya 39; 105 104 Va 104 V2 100 • 25 104 Va 35 39% 18 115% 115% 115% 116 '/a • *H3V'a 113% Feb-Aug 5 113 114 Va 113% 113% 3 113 Va 114 103% 104 113 Va 4 103% 105 103% Capital Airlines, Inc— 4% 39 1955 Jan-July June-Dec 1957 4%s 1956 4%s 1951 4s 35 y2 4%s 4%s 48 y2 *50% 39 gold Guaranteed gold Guaranteed gold Guaranteed gold 36 y8 A June-Dec 101 % Jan-July mortgage 2%s 1976— -Jan-July Buffalo Niagara Elee first mtge 2%s 1975-May-Nov Buffalo Rochester Si Pittsburgh Ry— Stamped modified 4%s 1957 May-Nov 31% (interest 2004 93 121% 6 Canadian National Ry— 46% 48 (interest 1966 series II 45% 353/4 5s - Feb-AUg 99% *104 93 100% 40 46 % 89% 100 % 121V2 121% \ Feb-Aug Bristol-Myers Co 3s debentures 1968 ApriZ-Oct Brooklyn Union Gas 4s debentures 1969—Mar-Sept (interest April-Oct 89% 5;,/; Maine RR— ;V General Bush Jan-July April-Oct 8 . Corp— mortgage 2%s series I 1970—__Jan-July mortgage 2%s series J 1976..—-May-No® Si 90 % 90 *100'/4 1961-May-Nov 3%s sinking fund debentures 1964 Bethlehem 90 90 Jan-July 1951 first 3%s 44 34% 69% 284 stamped -1951 105 31 61 52 division ref Creek Extension 44 34% 72% 51 div first mortgage 5% ser A , fixed & V/2% conting int) 1980_Jan-JaZy Consolidated Beech 103 ■ 71 51% 2010 Virginia— Bangor & Aroostook RR— 103 93 71 Vi —May —May-No® income Feb Erie Cincinnati First 99 Ya 96% (3%% 94% 98 95 r S'western Toledo 65% 6% (2%% contingent interest)— general 3%c/c and Pittsburgh 99»/4 *103 — 98 62 % 99 102 94 92 % 62% 95«/a *90% 88% 37 62% 96% 102 __ 72 96% 62% 16 96% 92% 96 63% 115 , *98% 101 96% 92 Mar-Sept 37 *94% .! > 90 96% June-Dec 98% Jan-July 1946 27 4 Mar-Sept 98% *8 2012 see 106'% 101 Vi 101% 1996 99 *14 1953 to 102 3a 2000 98 April-Oct April-Oct 2001—. to 2.2i%) 2004 stamped pursuant 104 % 23 1 99 • Jan-July (Interest reduced to 2.25% ) 102% 106 Vi 1 *36 99 1947—April-Oct April-Oct June-Dec For footnotes 1995 1 mortgage 4s series RR 1960 Jan-July mortgage 4 Vis series A July 1970—May-No® (Ernesto) Co 7s 1954 _—Feb-Aug A 23 106 March First due 104% 103% 104 106% March mortgage 4%s series JJ 1961 reduced 7a Dec First 1926 103' 104 due 28% to Plan 105 1313% due 33 11 36% *44 Aprll-Ocf of 127 119% 120 Ya 3 M 22 y8 A *103 38 120 K 19 Plan 128% 129% 120 Series 28 to 84 Series 27-% A 79% 80 133/4 28 Plan 76% 84 interest)— April-Oct 1921 90 61% -- 35% contingent 1961 A : 101% 11% 1 Ref — 3% mortgage 1999 loan and First mortgage series 5s AC Plan 129% Jan-July 1966 First to pursuant June-Dec 28% sinking fund gold 1968 reduced to 2%) 1952—Mar-Sept : 28 to pursuant July 22% % A 84 May-No® 4s 2nd series |A8s external loan of A78 consol 22 reduced to 2%) 2012 lUo Grande do Sul (State of)— Stamped 1963 3%$ first 7 Plan *79% May-Nov 4 21 6 Vis to 2.5% ) 1995. 28 ... reduced 105% 28 to reduced to 2.375% ) A8s external 104 Va 1043% 27% Stamped pursuant pursuant 101% 103% 16 21% to Plan (Interest reduced to 2.375%) 2001 7%s 1966 stamped pursuant to Plan (Interest reduced to 2.25%) 2006 JARlo de Janeiro (City of) 8s 1946 Stamped 100% 24 28 1963 pursuant 143 104% 105 Va 1% Consol sinking fund gold 8s 1950 Stamped 101;/ 103Vi 104 28 7s • 101 % June-Dec 1958— secured 125% Mar-Sept Porto Alegre (City of) — 8s 1961 stamped pursuant AExternal 115% 57 "I 58 *44% — Mar-Sept A4%s assented 1968 A4 V2s assented 508 1960 1959 lAStabilization loan sink fund A External 123% 124% 1st series 6s f 6s A4y2s assented 124% — 13 58 (interest ."lAPoland (Republic of) gold 6s 1940 .. 1063% --June-Dec mortgage 4s series A July 1975 April-Oct mortgage 5c,c series B (4% fixed fixed — May-Nov June-Dec 2008 external 7s f 116 105% Refunding 4s series A 1980 External secured ref 3y2s series B 1967—Mar-Sept lAPernambuco (State of) 7s 1947 Mar-Sept APeru 103 109 3 8 47 Air Line Ry— Beneficial Industrial reduced to 2.125% ) 101% 180 Baltimore & Ohio RR— o> n" — AStamped assented 5s 1963 stamped mod 3y»s ext to 1994 A 19 114% 115% I 1 "*8% Bell Stamped pursuant to Plan 973% 112 100% 6% (interest Mar-Sept (Kingdom) 3%s 1957 ..May-No® (Kingdom of) 4%s 1956— —Mar-Sept External sinking fund 4%s 1965 April-Get '4s sinking fund external loan 1963 -Feb-Aug 3%s sinking fund external 1957 April-Oct Municipal Bank extl sink fund 5s 1970—June-Dec Oelo (City) sinking lund 4'/2s 1955 April-Oct ' 99% 106% 106 Vi contingent interest) July 1975_April-Oct Refunding and general mortgage 5% (2% Norway (Republic) Coast Series Netherlands Panama 1073a 22 105 5% 1 Mar-Sent A 657 99% 100% 104 ;; 5 (interest sinking fund 6%s 1959—Mar-Sept Stamped pursuant to Plan reduced to 2.125%) 2008 110% 111% 10 — 1963—Jan-JuZy 1952_ pursuant 101% 96% 3s 9Vi — etl Stamped 100% 99% 15 101% 102% .April-Oct mortgage 99% 17/ Fe— Santa 1 101% 56 96% 115% 1995 4s 111'% 100 100% 96% .4 debenture General unified 4Vis A 1964 Atlantic Refining 2%s debentures 13 Minas Geraes - Topeka & Si Charlotte First -Jan-July 6%s 96% 106% 1971.'— Co 1969——a 5 ,\6 / //: 100 100% 100% ...—Feb-Aug 1962—April-Oct April-Oct Arbor first gold 4s July 1995———Quar-Jan W Products Co 5s 1966 April-Oct Tobacco Atlantic 10 . *93/a ASmall ASecured debentures debentures and ; new 12 1922 1933 (City of) 100 % 89% June-Dec 1959 11 — ASmall A Milan 95 Va 100'% 179 96 96% June-Dec 11% _ ASmall lATreasury 6s of 1913 78% 101 93'% .—June-Dec 1957 9% 11 — -Jan-July ; — 19 agree¬ 1945 new 10 ■ :/ 12 10 6 1954 assented (1942 agree't) 1910 (assented to 1922 of A4s due 104% 74 __ 100% ApriZ-Oct debentures General assented to agreement) A8mall , 12 *11 new ment) . 12 1963—Jan-July *11 Vi 1904 (1922 95% 107 100% 93% 100% —June-Dec 1973.. Stamped 4s July - 1961 debentures Atlanta Large A4s of > "2 73% Jan-July 1987 convertible 2%s k: 1945—Quar-Jan assented (1942 agree't) *100% > 96 — 100% 93 Vi — 1964__May-No® 1982.: American Large new *100 T 104% 105% 103 % 106 78\4 __ 60 104% 106 *i04'/2 • June-Dec 1986— debentures Atchison ' A 60 *104 106 Feb-Aug convertible A P Large ASmall - April-Oct debentures Ann ASmall A5s debentures 3s agreem't) 1966 1975- 27/«s debentures i (1922 1956—-Mar-Sept 1930 3%s debentures - ASmall COMPANIES . April-Oct 1998—April-Oct f debs s __ - 1975 4s 2%s — f A&s of 1899 due 1945- A deductions 2%s 40% debentures 2%s 1943—May-No® (1942 agreem't) A5s assented 3%s 3lis convertible 1968 (Republic of) A Bosch Corp 2%s 16% 54 1943 ANew assented gtd 2%s —April-Oct - 3%s 4Vis RR 2%s 1950 |A4%s assented (1922 agreement) Mexico mortgage 1st INDUSTRIAL April-Oct May-No® 1972.Jan-July 1967— American Si Foreign Power deb 5s 2030—.Mar-Sept American Telephone 81 Telegraph Co— - Mexican Irrigation— A4%s small first 3%s AND , 65 % 65 65 Drainage & ' 71 Southern Western Si 1952— 7s Allis-Chalmers Mfg 2s debentures American Airlines 3s debentures •; 41% 62 .'■// Co & Susquehanna Alleghany American 80-year 3s s f $ bonds 1078 Water . 59 * Jan-July Altaly (Kingdom of) 7s 1951 June-Dec AJugoslavia (State Mtge Bank) 7s 1957-j-ApriZ-Oct AMedellin (Colombia) 6%s 1954 June-Dec Metropolitan 59 Jan-July 1977 1952 7s 37% Power Albany Italian Credit Consortium for Public Works 1% Great Alabama 103 48 42% 37 Vi Jan-July 1977 1-3$ 10% 11 9 9% 34 39% Pacific conv debs Ry— debenture series Mar-Sept A 4s conv inc debs stock 1960 (perpetual) series 3 Jan-July 101% Mar-SepZ . I960— 79 —Mar-Sept 103 100 "v: 101% 204 100 79% 11 74 85% 84 83 106%, 79 99% 103 Volume 171 Number 4897 THE COMMERCIAL & FINANCIAL CHRONICLE (1481) NEW YORK BOND RECORD EANGE Thursday . \ . BONDS New York Stock Interest Exchange Period or First mortgage guaranteed 4s —Mar-Sept 1981 Corp 3s debentures 1965 Corp 3%s debentures 1960 debentures' (1947 issue) 1960 3%s '< AGen AGen mortgage 4%s series B Jan General First 1 62% 62 42% York 3%S Power 1987 3s Pacific Ry Co— and refund 3%s April-Oct • , series A First mortgage 3%s series B Champion Paper & Fibre deb 1974 3s ; 45 :. — 45 82 AIncome 89 I* 103 Va' 67 y2 67'/2 39 48 First 46% AIncome 105% 103 104 — " V 103 % *103 —: t Denver & 132 gold 4s 1989 132 103 4 130 133% 102% 103% 34 102 103% 23 101% 104 105 Vb 106 y2 Detroit 119V2 120 y4 Detroit 114 114 Dow 105% 105% *— Jan-July •" 38 127 *112 • ■ — First 4s and 1958— refunding 4%s 1977—Feb-Aug B series 111% 111% 110% First and refunding mortgage 3%s 1985—Feb-Aug First and refunding mortgage 27/sS 1970—Feb-Aug 9 110 Ve 110% *102% 103 % ■. 101 101 i-. AGeneral mortgage inc mortgage Chicago & Erie Chicago Gt 33/4S 1st West 5s conv series 101 gold 5s first April May-Nov May-Nov 1985 1982 series 4s A 29 Ve :• 31 series A 1994 68 73% *49 . 126% ,55 •, 93 73% 84% 58% 62 42% 50% 89 94 % /: 43 94% 93 % 94% V, 12 V 23 • —_Jan-July 102 102 9 67% 66% 67% 57 55% 57 53 Va 54% -■ Ry— ; inc 4%s Jan 1 :-i conv 1999—April First mortgage 3s series B 1989 Chicago Rock Island & Pacific RR— 1st 27/es mtge A ser Chicago St L & 1980 Jan-July _-_ Orleans New 5s 54% Jan-July 1951 : 5s > 102 66 55 y4 June-Dec —; 50 Va : 99% *82 Va 103 Ve 103 Va Julie-Dec 115% 115 71 112% 117% first June-Dec *68 June-Dec *67% lien gold 4s 1995 4Vis Tunnel & 2.35s Light Co 1995 - 68 67% 102% 105% B' l976_Mar-Sept *94% 95 ft 92% 96% ser debentures 68 67% 76 105% 105% 1961 100% May -Nov Feb-Aug April-Oct 2%sA1977__ 2%s 115% 1961——May-Nov 1979 100% 100% 100% 103 Va 0_ 101 103 104 101 *100% 101 & 110% 110% 101 Railroad J. 3 110% 104% 106% 116% __ *104% 108% 108% *108 Ve April-Oct 1107/e 104% *152 (N Y) — Co— 63% 70% *98 97% 97% *86% 87 85 87% *__ 86 85% 87% 65 mtge 64 % 34 66 102 consol mortgage 2s series H 1953_Mar-Sept Ohio Division first mortgage 3%s 1971_Mar-Sepf 103% 103% 87 73% 108 % 101% inc 4%s ser A Jan 2015— April mortgage 3%s series E 1964_April-Oct mtge 3 %s-series F 1990——Jan-July First consol mtge 3%s series G 2000 Jan-July 99 Vb , *72 % -- 106% 12 107 First consol 90 5 .. .*103 . 93% 10 102% 102 % *100 105% 56 87 *103% 104 Memphis Division 1st gold 4s 1951 June-Dec Chicago Terre Haute & Southeastern Ry— First and refunding mtge 2%-4%s 1994_Jan-July Income 2%-4%s 1994 ! Jan-July 9 107 102% 4s June-Dec 89 % 107 1982_May-Sept I 60 195 .. 89 89% Jan-July 1993 OQ 71% 57 99 ft 77% - . series stamped 1965 Erie 104% 42 91 99 Ve - 97% 69 % First consol 102% *87% — 95% 50 debentures 1958_x_J mortgage First 4%s inc ser A Jan 1 2019-April increased series B Jan 1 2044 April mortgage Chemical 3 70'% , interest) 2%s Ironton RR 2%s & 95"% 69% 70 Georgia div first 5s 1956_May-Noi? first cons gold 5s 1995_Jan-July Elgin Joliet & Eastern Ry 3%s 1970 Mar-Sept El Paso Si Southwestern first 5s 1965 April-Oct 126% 861/2 Chicago & North Western Second Tol 95% ~ April series H 1970 gold Edison El 111 13 42 ft 105 101 19 • 4212 General mortgage 4Vis conv 42 2 81 68% 107% 105 20 — 106 Jan-July *. (3%. fixed refund Terminal General April mortgage 4 Vis inc ser A Jan 2003 April Chicago Indiana & Southern 4s 1956 —Jan-July Chicago Milwaukee St Paul & Pacific RR— 4s 92 80 Va _ 65% 106% 67% 67 *107% noy4 36 — 91 .April A 2nd mortgage *126% _ 63% 103% 99% 70 86% 59% 112% 35 39 Ve 70 1988—Jan-July AGeneral inc mtge 4%s Jan 1 2038—. Chicago Ind & Louisville Ry— A 1st mortgage 4s inc series A Jan 1983 First 3s Mack & ASecond 55 37 81 1 fixed4 interest) 1993-7 series A (4%% contingent and East Tenn Va 1997__ B 108% 102 Chicago & Eastern 111 RR— First 111% 9 • (3% interest) 2018Salt Lake—/ 3s convertible , Detroit 1st v——Mar-Sept. 3 63 t High -- 2042.:—Map-Nov 1 , •. mortgage & Duquesne —i— May series A contingent 1 % 103 105 Va 4-6s 86 Low No. Rio Grande Western RR— Detroit Edison 103 V2 104 Jan. 1 63 -—May * & Income mortgage 103% __ trust mortgage General __Mar-Sept Rahge Since Sold High 85% 1973_Map-Nov —i *- contingent 104 102 y2 - Bonds Bid & Asked Div- Light 3s 1973—. —April-Oct coll trust 3y8s 1977-June-Dee First mortgage and coll trust 2%s 1979_Jan-JuIy 7 42 y4 .105 1993 due Essex .division Power 62 , Range Thursday's or First mortgage and 105 % 45% *100Vb mortgage & Delaware ■' Chicago Burlington & Quincy RR— General Morris - 65% 68 ; 105 % 1989—Jen-July consolidated 87 69 Va •' Week's Co— Western & First and refund M 5s series C 4 Denver __ Refund and impt M 3%s series D 1996—May-Noy Refund and impt M 3%s series E 1996_ _Feb-Aug Refund and impt M 3%s series H 1973—June-Dec R & A div first consol gold 4s Second ' 42% *105 ■ 1965—Jan-July Chesapeake & Ohio Ry— General gold 4%s 1992— 60 y2 104% 100 Va & Western RR Lackawanna Collateral *103 . * Feb-Aug Feb-Aug 1968. 58 103 623b 39% York 1% Jan-July 1974— Delaware Lackawanna „ *61V4 2020—_May 108 108% 94 •" •' , Low New ; Last Sale Price Period New York Stock Exchange High 100 ,ri\t N J— mortgage Central New Central of * 103 % "85 Georgia Ry—; \ mortgage series A 1995_— __Jan-July mortgage 4V2s series A Jan 1 2020—_May Central RR Co Low ' "101% Of First No. Interest BONDS Jan. l , *101 I ACentra] Branch U P fitst gold 4s 1948—June-Dec Central » 50 64 ) 103 Feb-Aug Feb-Aug 1 7 Range Since Sold lOjp *59 April-Ocf _ Bonds High dlOO June-Dec Celanese Celotex Thursday Thursday's Bid A Asked Low Carolina Clinchfield & Oho 4s 1965., Carthage & Adirondack Ry— APRIL 7 Week's Range Last Sale Price f FOR WEEK ENDED 79% Tire Rubber & 3s - debs 1961. ACertlficates of Francisco Sugar *102% 68 ft 7 6s 103%. 104% 25 101% — <37% 361 70 59 60 Mar-Sept 1956—May-Nou deposit Collateral trust 103 Va 103% Map-Nov ^Florida East Coast first 4%s 1959 June-Dec AFirst'and refunding 5s series -A 1974—Mar-Sept 103 _Mar-Sept l96fvMap-Nov *102 103 4 102% 103 70 60 103 87 74 — , Firestone 80 Chicago Union Station— First mortgage 3 Vis series F 1963 First mortgage 2%s "series G Chicago & Western Indiana conv First Jan-July 1963——Jan-July 4s 1952_Jan-July 106% 105% 106% 8 104% 106% General Realty ■ — *— . 103 % refunding 4Vis series D 1962_Mar-Sepf Cincinnati Gas & Elec 1st mtge 2%s 1975_ApriZ-Oct First mortgage 27/8s 1978 Jan-July 103 103 103 Va 103% and *105 Ve 105% 103 % 103% 103% 106 102% 35 104 104 __ 104 103 11 104% A4s First mortgage gtd 3%s series E First mortgage 2%s series G 1974 General *102% April-Oct City Ice & Fuel 2%s debentures 1966 June-Dec City Investing Co 4s debentures 1961——June-Dec General gold General 5s Chic 4s 1993 series B Louis & St 100% Cleveland First Electric Illuminating 3s & Series Pittsburgh D 3V2s Cleveland Short Cleveland 1950 66 iW & & Electric *100 debentures debentures Columbus & Toledo Commonwealth River 1974 Feb-Aug 3%s external Co— sink 1 ■ 1970—May -Sept Edison of 4s 3%s New 1955_Feb-Aug ?■ York— 106 ; ser First refund General mortgage of 2%s 1st ref M 2%s R 1st T ser Continental Baking Northern § A Deposit RR * J A 6s series 125 % 125 *109% Jan-July ———Map-Nov —April-Oct mtge 27/es 1975—_Mar-Sept debentures 1965 Jan-July 105% V ; _ /-Vj" — 107% 5 106% 106% 7 104% 101% 105% Consol ' mortgage 105% 106% 115 127% 110% 11108% 116'A 115% 116V4 91 103% 103% 3 104% 104% receipts -1946—'— June-Dec 103 -104% 713 95 y4 102% 92% 'i~3 104 ' First mortgage & Delaware Co & 2%s 3 For footnotes 4s see / 102 103 % 106% 106% 102% — 3%s 106 103% 95% 49% 3 31% 35 85 7 S3 89 30 3 27% 32% 32% 35% 33% 35% 35% 1953—- *102% 103% 104% 2 103% 104 15 103% 106 102% 102% 105% (■ 103% 103 ft 105 105 *102% 104 Ve 104 ft 107% Feb-Aug 94% 13 103% 107 Va 107% 5 106% 94 49 94% 93 108 96% *101 101% *100% 102% gold 3s 101% 100 ft 100% 1021/4 102 Va 101% 101% 100 7/s 101ft 100% 101 100 ft 101 *102% 101 *101% Springfield Division first gold 3%s 1951-Jan-July Western Lines first gold 4s 1951——Feb-Aug Registered ——Feb-Anj Illinois Central and Chicago St L & N O— *100% 1951— 1963 _June-Dec First and First refund refunding 4%s series C 1963_June-Dec Illinois 101% 102% 102% *102% *102 102 % 102 V* 104% 103% 104% 61 103 V* 106 101 101 101% 21 100 Ve 101% 95 95% 6 94 98% 98% 1 98% mortgage 4s series D 1963_June-Dec Illinois Terminal Indiana A 101% Ry 4s series A 1970 Jan-July gold 4s 1950_Jan-JnZp *100% 100% & Iowa first Indianapolis Union Ry Co— Refunding and imp 2%s series C 1986—June-Dec *90 100 — 100% —■ 97 Va 99 Va 100 y4 93 Va ' 96 81% 88% {International Great Northern RR— AFirst A 6s series A Jan-JuZy Adjustments 6s series A 5s series B 88 86% July 1952——April-Oct 41 38% 41 Ve 81 81% 82%, 82 %' 60% 60% Jan-July 1956— 60% Jamestown Franklin & Clear first 4s 1959-Junc-Dec 74 gold 5s series C 97 83 1952 1956 96% 345 . 1 32% 41 Vb 14 75 82% 12 75 82% 13 60% 62% 96 100 97 3 75 15 73 76% 102 3 102 103 Va 103% 104 101 *35 Jan-July 3%s . 102% 101% 100% *101 May-Noy June-Dec 1951————Jan-July Louisville Div & Term gold 3%s 1953 Jan-July Omaha Division first gold 3s 1951——Feb-Aug 6t Louis Div and Term gold 3s 1951 Jan -July 104 101% *100% Bridge gold 4s 1950 first 108 102 *101% May-Noy 5s 1955 Debenture 4%s 1966— 105 108 *104% 105% C 105 *107% 1974—May-Nov —.——— Jan-July series 105 Div — *104 1979__—May-Nov 103% Cairo *106% , Jan-July A 1978——.—June-Dec debentures Hudson 14 I Jan-July §AInternatlonal Hydro-Elec deb 6s 1944_ApriZ-Oct Inter Rys Central America 1st 5s B 1972—Map-Nov 1975_April-Oct 1978 series 102% 102% ■; Joint first refund 5s series 47% *33% Dayton Union Ry 3%s series B Deere 40% Refunding Gold D 3s 70 First AFirst mortgage 63 27 Refunding 103% 93 140 440 106 11110% 100% 89% 20 91 68% 103 % 289 128% 99% 39% 104% 2 100% 99% 127% — 37% 102% 18 106'/2 29 105 67% Collateral trust gold 4s 106% *33% 104% 105 39% lOO'/a 116% Jan-July -Jan-July 1946 ~4 104 105 67 100% 68% 99 % 11105 85 1952 99% Feb-Aug 59 11106 34% 3 April-Oct 1957 gold 3s sterling 1851-;—— Mar-Sept trust gold 4s 1952———April-Oct 4s 1955 — May-Nou Purchased lines 3%s 1952 ———-Jan-July 102% 106 49 99% 91 1962.June-Dec A ser 102% 102 105% 33 y4 99% 79% 103% -128% First gold 4s 1951 First gold 3%s 1951 ^—Jan-July Extended first gold 3%s 1951 April-Oct 105 103 ■62 100% 100% .101% 104 103 101% 29 *100% 15 11104 104% 104% 75 8 64% *— 105 Consol mortgage 5%-3%s series B 1979—May-Noy 11103 49 2%s 99% mtge Adjusted Income 5s Feb 1957— AFirst First first Consol mortgage 4%-3%s ser A 105% 101 1 — 103 103% 75% 75% 64 Ve Jan-July June-Dec '• 107 104% „ 125% 104 *102% 103% Illinois Bell Telephone 2%s series A 1981_Jan-July First mortgage 3s series B 1978——,—-June-Dec , • 102% , 107% 7 *93% mtge Water 105% 108% *107% 26 99%' 9 11 104 7% *103% 104% 75% —Apn'Z-Oct 1978 3s 1969— 2%s 1979— 105% 104 % June-Dec Dayton Power & Lt first 104 April-Oct 2 106% 103% 106% 3%s 1966-Map-Nov 5 y2s 1942 June-Dec deposit deceipts rf - *104 1st mtge B deposit mortgage A *104% 104% *__ 5s gold receipts mortgage debentures Litcnfieid *105 first § A Deposit 100% 107% 104% 105 % Jan-July first 1959 « — 8 Vb 8 Ve refunding 4s series B 1975 Jan-July inc 5s series A July 2015—--April Hudson Coal first sink fund 6s 105% -- —June-Dec Ry 78 — receipts S A7%s series A 99% -.April-Oct 3s / 105% ~9 101% 101% 1976 Cruible Steel Co of Am LL 105% 105% 1981_ first 62% 100% — 106 y4 106 >/4 —April-Oct 1962 I — *102% 103 % 105 % April-Oct Power (Bait) Consolidated Natural Gas 2%s 1968—_ Power debentures ~ • 2 26.,. 125 H »y. 1981 ref M 2%s ser U debs ■ 1976 Q ser ser ref conv June-Dec City— 1954_i 1st 27/bs 1963 Bait Consolidated Gas El Lt & M 'J, 104% *102 Va 104'/a C 1972—June-Dec May-Noy mtge 3s series E 1979_Jau-July Co 3s 96 *65 Collateral refunding 3s series D 1972 debentures 97 Va 86% 96 Feb 28 94 - 86% 2%s 1976—Mar-Sept Hocking Valley Ry first 4%s 1999 -Jan-July Household Finance Corp 2%s 1970——Jan-July - First and Gas : noiy4 > 99% convertible 87% 106% — — *100% 1977_ApriZ-Oct M — 106% 106% — First Consolidated 95% 84% 95% 107% 105% 9 104% 104% 101% mtge 2%s 94 94 2%s series P Illinois Central RR— * 1982_Mar-Sept and 74 — *107 __ A ser A refund mtge 2%s ser B First and refund 102 V* 108% 13 ' 107% *107% 108% ? fund 102 100 *100% 102 mtge 3s 100% 11 . • 103% 103% *104 V First and refund mtge 2%s and 73% *105% Mar-Sept 1974—" first Edison Pwr Consolidated ACuba 6 104% 105 1961—Feb-Aug Consolidated Cigar Corp 3y4s 1965— April-Ocf 5 A Cuba ... 1063i 107% *101% April-Oct mortgage 3s series L 1977— Feb-Aug First mortgage 3s series N > 1978 June-Dec 3s sinking fund debentures 1999——_—ApriZ-Oct 2%s s f debentures 1999_ April-Oct Conn Ry & Lt 1st and ref 4%s 1951 Jan-July 2%s 107 y> 99% . Elec 100 Va Hudson & Manhattan first 5s A . Ohio 16 refunding 3%s series D 1969—April-Oct General mtge inc 4s series B Jan 2044—u__April Collateral trust 3%s 1968 Jan-July Gulf States Util- first M 2%s 1976— ^Map-Nov 107% II 106 Ve 106% 1/1 74 1964—ApriZ-Oct First Consumers / .Mar-Sept August South 101% First and Corp— 19731 & ref ' System Inc— 3s. debentures March 1st . 107% 108% Map-Nov 1971 Columbus 3s General 106% 5 ! Corp— and coll trust 4s mortgage Columbia Gas ^ First and 62 Q«7 Hackensack Iron 3 '/as -debentures Conn 5 First • 106 Va 3s 67 y4 OO 106% 106% 3%s 84 57 ',63% 5 — April-Oct Fuel 101 & Ohio RR— 1st 1977 101 Ve 1980 certificates B Corp G *lf Mobile 98% 98% 48 / /f Greyhound % Southern Columbia Gas 7 84 81 Feb-Aug Ry— ■ (stamped modified) 1980- First 88 75 2 106% 106% gtd 4%s 1961—April-Oct mortgage 4%s series C Colorado 61 M, ;Vl 67% 60 Va 60% V: '■ v 81% 158% 67 .' First 4%s 96 83% 6 88 /// 81 April-Oct April-Oct & 102 96 *-_ mortgage 5%s series A 1972 First mortgage 5s series B 1973— Colorado Jan-July 3%s series N 128 128 1982—..Jan-July General mortgage 2%s series Q. 3010 Jan-July General mortgage 2%s series R 1961—_Jan-July AGreen Bay & West debenture ctis A Feb Terminals Co— First 129 122% mortgage 81 June-Dec first 107% 125 Ve 11 General RR— guaranteed Line Union 106 ft 2 124% 124% mortgage 3%s series O 2000_^__Jan-July 88;; 1970—Jan-July mortgage 3s 1982_: Cleveland 106% 106% 124% General 100% 5 106% 103 */4 25 103 Jan-July 102% — 92% 102 Jan-July Jan-July 1952 2 , 88 Ve 3 88% '103 1976_ B mortgage 88 Refunding and impt 4y2s series E 1977—Jan-July Cincinnati Wab & Mich Div 1st 4s 1991_Jan-July 88 V8 1973— D General A Debenture 1990_May-Noy C series 110% 100% 100% June-Dec St Louis Division first coll trust 4s series noy8 *96 June-Dec —— series 4%s 1 Ry— 1993—— 2%s 103% 103% 103% Financial Corp— 2%s debentures 1959 Cincinnati 5s 1969 first mtge Ry Co— 5%s General debentures Co - 110% 110% GIT Cleveland F) General 1969—Feb-Aug Feb-Aug & Utilities Corp— Income (B Great Northern Cincinnati Unioil" Terminal— ■:) conv Goodrich 1965 1965 extended page 27 1963 *105 — June-Dec *101 ApriZ-Oct *103% 104 May-Nov 95 Vb 95 95 % 2 93% 99% Jersey Central Power & Light 2%s 1976—Mar-Sept 73% 102 25 2C (1482) COMMERCIAL THE & CHRONICLE FINANCIAL Monday, April 10, 1950 NEW YORK BOND RECORD RANGE Thursday BONDS Interest New York Stock Exchange Perhad FOR WEEK ENDED APRIL 7 or Thursday's Bonds Bid & Asked Low High Low No. Kanawha & Mich 1st City Power mtge 4s 1990 Liw 1st mortgage 2%s 1978 Kansas City Southern 1st Kentucky Central 1st mtge 4s 1987 Kentucky & Indiana Terminal 4%s April-Oct 1961 w 100 103 '/a *28 Ya Gas Light 4'%s & RR 105% 102% 114% —— ! 114% 108 2i 1 — *— 100% V: April-Oct Mar-Sept 105% % debs conv 1963—Mar-Sept 3Vis registered Lautaro Nitrate AFirst June-Dec 105% 4 % ref 5s stamped 1975 June-Dec & ref 5s stamped & ref 5s mortgage 4 Vis Feb-Aug Feb-Aug N consolidated Series A 4s fixed 94% 19 93 89% 92% 92% 93 84 6 to 1974 Jen-July *96 101 100% 90 94 94 — 100% 101 5s contingent interest May-Noy May Mej Mej 2003 Lorillard general Electric (Pi Co & series series A A debentures debentures Louisv lie 4s 7s 1962 1952 5s 1951 72 V* • • 100% 82% 85% 1 75 % 80 v2 68% 9 67 72% 72 15 f' 53% 54% 101 58 Vz 59% 53% 16 ♦63'/a 53% 64% 35% 37% 40% 41%:' 43% Aortl-Or# April-Oct 76 63 42% 40 45 % 16 76 2 74 V4 refund mtge 3%s ser H 2003—April-Oct 102% F St Louis Div second gold 3s 1980 Atl KnOx & Cincinnati Div 4s 1955 Louisville Gas & Elec 1st mtge 2%a 1 121% Mar-Sept 104 Va debentures inoi/2 A 1960 1951 70 %- 397 44 Ya 51 3%s mortgage 3%s 1969 sinking Minnesota Minn St First fund of N Mining Paul & AGeneral & 4 Vis & 4s lien 40-year Prior 5s 4s series lien ACum Y 4%s B AFirst Pacific and AGeneral Electric & Gas 2%s State AFirst and 1967 A and Mohawk & Morrell Ry Jan 1991 (Johni & May 102 95% 2 102 V'4 83 32 100% 95 108% If 4s 3s first Co. Jan Construction 3 Vis Tel 1967 A debentures 102% 71% "l 94'/a 1 registered lien 93 Vi V 100% V 7 v A- 1 '54% >T~ . A fc ** ■ 100% States 3%s first mortgage 2%s 1974 *87 Vi 103% 107% 101% & 83 : fH% mortgage 3s St National Dairy Products debentures 1970- 101 105% 105% 65 65 65 *103 12 104 2 — 55 »/2 103 Nat'l 3 Vis Products *87% 53% 90 53 84% 53% 6 • 88 49% 54% 84 Va 85 44 77% 85% 95% 38 84% 95% 82 82% 12 74 82 V# England Tel First A Tel guaranteed debentures 83 84% 43 75 84% 78% 91 72% 82'/a 100% 102% 123 93% April-Oct 1949—Jf«y-Nov 78 102% d77 Va 75% 74 Va 76% " 46 Aprtl-Ocl 103% Feb-Auy 102 % Mar -Sept debentures N 42 V'a 46% 1,139 33% —May-Nov 1986 93% J Junction Jersey Orleans RR 100% 102% 217 92% 62 59% 5 series first B 4s Light Nor 5s 87% Orleans Term Orleans AFirst 5s first Texas series B & 101% 54 % Certificates A 4Vis of Certificates of •°94% 137 75% 5Vis 72 For footnotes of 4s AprQ-OcX April-Oct 105% 104% June-Dec 98% ' Gas & 97 J/4 102 — 5 103 102 Vi "99% 103 J/4 101% 102 % 106% i 107 % — *103% 107 *12'% '106 13 12 13% 106% 5 101% 102% 101% 101% Feb-Aug 104% 102% 102Va 102% 10 101 Ya 102Y2 103% 104% 105% 107 >/a __ April-Oct *104 4 104% Electric Co— and 3%s and 3s series J and series I 1966—June-Dec 1970 *107'/a WW June-Dec 105 3s series K 1971 June-Dec *106 3s series L 1974 June-Dec 105% 3s series M 1979 June-Dec 105% 3s series 1977 June-Dec N 2%s series P 1981 refunding 3s series S 1983 debentures ' April-Oct 1987 1978 Mar-Sept debentures 1983 Mar-Sept *102 J/4 •. ... ~ . 104 J/2 1 16 102% 107 V'4 *101% 106% __ 2 x 101 J/4 102'% 104% 105 104% 104% %S.- —. 10o7/8 105% 103% 104'/a 105Va 105Va *104 •• • • 11 'lOOVa 100 April-Oct debentures 104 J/2 — ■ 107 105 Va 1 ■ *105 J/2 107 100% 106'A 106% 105% 36 105% 105% , I^rm. 105 105% 101'/a 101% *103 J/2 June-Dec debentures 3 106'/a *103% IOGV4 .. June-Dec 1985 „ 105 105% 106 June-Dec 1986 . 105 '■ Guaranteed 106'/a 104% 105'A 100 1007/a 102% 103 7/a 4 105 105% 107 ' ' 107% 104% 105% 97 93 105% 105%" 104 Vi 104% 16 102% 4s series E 105% ~5 Power & Light First mortgage 3s 1975 106 Vi 1011/8 1 106 103% 101 '/a sinking fund 101% 4YaS series 5s 12 Va 2 68'/2 77 Ya 102% 103% General mortgage A B 10 102'A 104 Ya *__ 103 104 V4 105% 104% 105 104% 105Y4 103 ft 104 April-Oct 4%s 1960 1965 General Peoria & 4s 113% 115 105 'A 104 Va 105% 98 lOOVa 105% 108% 108 108'% 25 104 109 April-Oct 4%s series E 1st 2 June-Dec mortgage 3Y«s series F AIncome 4s April 114 June-Dec 1968 99'A 99% 76 1984 debentures 3%s 1952 Eastern 114 Feb-Auy external 99 Jan-July ' Convertible 103% June-Dec 4%s series D 1981 series May-Nov April-Oct 3s sinking fund debentures 1965 Pennsylvania RR— 104% 101 *100% 101% — — Co— \ 106%- 105% 72 I960—April-Oct trust ctfs 1952 Pennsylvania 96 103% *104 V'4 Airline*— Pennsylvania Glass Sand 3%s 1960 99% May-Nov 1961 May-Nov —_ 1985—Jan-June i960 98% 99 84 85% 15 58% 5 15 Va , . 17% April 11 44 17% 91 101'A April-Oct 1980 99 % 101% 58% - lOl'A April-Oct 1990 Pere Marquette Ry 3%a series D A 118% 119% General 5s 105 106 General geld 104% 105 *107% 107% 107% 106 - 106 100% __ *102'/a 103'A Mar-Sept *102% — 101% 1962—Jon-July 104 1953—Jan-July *104 104 If 3% 104% 104% 103% 104% Ry— 100% 101 Vi 38 100 io->% 101% 100% Feb-Auy — *100% * April-Oc» 27 , _ lbl% IZ 15 99% 99% 101% 100% 100% 104% C — 93% 94 lflO'/a 81 57% 141/4 102 99 % 991/2 101% 86 61 17% 103 % Co— of 100% 101% ;• 103 102% June-Dec 4s 1937 Feb-Aug Jan-July 104% 103% 104% 102% 103% 103% 104 S Phillips Petroleum F 103 10 8% . ser 1061/4 13 103 ',4 — ■ Consolidated guaranteed 4s 2 118% HOV2 102 Va 102% 104 ' deposit 2%p debentures 1964Feb-Aug Pittsburgh Bessemer A Lake Erie 2%s 1998_June-Dec Pittsburgh Cincinnati Chic & St Louis Ry— 103 — 103% 103% May -Nov May-Noc 110 *108'% 110% 107 »/a 104 — Jan -July June-Dec and and Certificates *110 Feb-Aug Jan-July 1977 9 103 . 103% 104 8 11 Ya 101% 8 10 Ya 18 103 103% — *106% 99 99 *102% 103 1957—May-Nov 102% 104 49 5 103% — 10 1 9% 1953—June-Dec Consolidated guaranteed 4s ser O Consolidated 101 100% 100% RR 1974 series refunding 2%s 1971 refunding 2%s 1967 refunding 2%s 1974 First and refunding 2%s 1981 First and refunding 2%s 1978 tIAPhilippine Ry 1st sink fund ... 97% B 4%s Wash and First First A 101 series St Philadelphia Co collateral trust 4%« 1961 Philadelphia Electric Co— First ' 107% 99 V. 1954 — *75 *106 Jan-July Feb-Ana Baltimore 118% 119 Jan-July Feb-Au| 1956 p->ge Philadelphia 105% 105% *104 % April-Oct deposit, see 1975— A3%s convertible inc debs Sept 1 83% 102 Vi 102% deposit series A ACertificates 97% 105% June-Dec Pennsylvania-Central 87 Vi 143 99 *105 3 a 105% — AFirst 2%s 1979 General Feb-Aug deposit D 92% 103 II *102 __ April-Oct General 1974—Mar-Sepl series gtd Mexico 1954 series 92% 7 91 102% 102% Jan-July Mar-Sept 3s 1974— General Certificates of deposit AFirst 5s series C 1956 A v Pennsylvania Co— 59% 83% 77 *98 Vi *105 ¥4 AprR-Oct 1983 A AFirst *102% — Pacific Western Oil 3Vis debentures 1964—June-Dec Paducah & 111 1st sink fund gold 4%s 1955.Jan-July 102 — RR— Refunding and impt 4Vis {New 15 •' 94 103% June-Dec 3 Yas 62 Vi 87 Va 82 V2 83% May-Nov 56 79 June-Dec 1986 3s A New Orleans & Northeastern New 89 Va Ry— 1948 4s Electric & 3%s 103%' 103% 59% 56 Va Mar-Bepi & Great 66 4 102% 61V4 *101% Apr'-Dci gtd Power Cbamplaln first mortgage 3%s 10"% 1970—June-Dec Jersey Bell Telephone 3 Vis 1988 New Lake 2%s 46% 66 *103V4, 1958—Mcy-Not 1974 New 70V» 59% 84% 86'/a 94% 92% May-Nov mortgage 3s First 102'/2 101% 103% 61% 1981 1982 3s 107% 63% Co- 4Vis 3s New 93 2%s series Q 1980—June-Dec First and refunding 3%s series R 1882 June Dec 76% Corp first mtge 3s 1965 National Supply 2%s debentures 1967 Naugatuck RR fir* t eold 4s 1954 New 1979 refunding refunding First and refunding First and refunding First and refunding First and refunding First and refunding First and refunding 103% 1974 112 105% 50 65 Va . First 102% debs 108% — 103 April-Oct mortgage 3%s 1978 Pacific 65 94 National Steel 107 35 '"'■V® 4 106% 92% — V': 110% Mar-Sept Oregon-Washington RR 3s series A 1960 103% .63% debs 107 — 133% 117 101 % 105% 93% 1986— 2%s Distillers 3s 94 128 114 • 109% Louis— B series 113 86 % 103% 87% 108% __ 109% 39 1955 ^ *60 86% Feb-Auy mortgage 2%a 1975 Oklahoma Gas 102 503 B 21 • ■ 805 2%s 123% 117 63% Feb-Aug First 101% 103 V'4 1991 107% 88 Jan-July first mortgage 2%s 1977 debentures Ohio Edison 107% 100 V4 102% 1980 106% 15 O 104% 103 A 1 92 % 107% 107% April-Oct First *109 107 Va 106% Co— Power mortgage tOgdensburg *99% *102% 107 109% 65 Mar-Sept — 72 First — / 80 103% 93% N First 1975 2%s 1975 3s 1978 First mortgage 2%s 1979 101% 102 I & 4%s 5AFirst guaranteed *107% 103 102% ' 106 *110 — 110% Quar-Feb > i'V— 74 102% 2 128 Quar-Feb 76 1978—May-JVot 1978 Chattanooga 17 90% 88% 78 *103% 104% 1966—— —Fe6-AU| series 53 13% 2 91 Va Quar-Jan I 2047 2047 trust Consolidated Nashville 1997 3s Jan registered First 102% 70 88% 84% 1966—Feb-Aug debentures Tel 42% 28 80 *114 Quar-Jan First mortgage 3s 1979 Bell Telephone— 1977__M*r-8«pt H B & 1997 4s First mortgage 103% G 4s 4 Vis mtae States 33 106 >/2 Pacific Ry— lien Northwestern 103 • 107% 107% 92% Ry first gold 4s 1896—April-Oct general & ref 5s 1974—Mar-Sept Central (Minnesota) r 95% Morris & Essex first guaranteed 3Vis 2000.June-Dec Construction mortgage 5s series A 1956_!tay-No» Mountain 53 101% 105 107% 107% Western & Northern JWf F ser gtd 3% 63% 106% 106% — Mar-Sept Pacific Tel & Tel 2%s debentures series 3s *75 5s convertible inc 2014—Aprll-Oct mtge Collateral 104% 95 % 102% — 94 Va 84 series 5s 5 Ya 103 101 18 15 *102% General and refunding 4%s ser A 1974—Mar-Sept Prior 88% Jane-Dee Mar-Bept 3%s *17% *14 Refunding and improve 5s series D 2047—Jan-July Jan-July A 57 105 52 V'4 53 1 Feb-Aug Feb-Auy May-Nov Jan-July Refunding mortgage 3%s series E 1978—Feb-Aug Refunding mortgage 3s series F 1981 Jan-July General Jan-Juiy refunding 5s series! Malone Monongahela Jan-July 1937 100% *102% 1971—May 1975 gold 105 1940 §ATerminal first gold 5s 1943 Y Telephone 2%s series D 1982 First 1978 ser 62% *100% 101% 105 Jan-July •5 Co— refund Jan-July 1977 Corp first 3%s 1963 96% 93 Aprtl-Ocl 1990 rerunding 5s series AFirst and April-Oct Jan A ser AFirst and refund ng 5s series SAConvertible gold 5Vis series AFirst 62 Va 102 % *102% 1962 RR *102% 103 Va 103Y4 Y 86 '101% 1962 refunding 5s 4s 1940 series D 2% 96 Va RR— series 6% 42 & Power Northern 61 Marie- lnc A adjustment 5s {Missouri , series 104 2% Refunding and Improve 4%s ser A 2047—Jan-July Mar-Bept Jan-July 1967 5s Texas first 4s Missouri-Kansas-Texas Prior St inc mortgage Kansas ext Mfg 2%s Saulte mortgage Missouri first 101% 7Y2 2% 10o% Mar-6ep» debentures J 5 7 VB 2% 109% a May-Nov 1969 First 4s June 7% June-Dec Wen rel 1955 104 *100 Refunding and impt 4Vis series C 1979— J««-Julj Michigan Cons Gas first mtge 3%s 1969 Mar-8ept tSAM'dland 102% 103 Va —May-Noy 1992—Mar-8ept 1954 4s mortgage Ontario a v 104 71% Uac-bevi 1952 2%s 81 95% 50% 1 94 Vi Central— moitgage 74% 95% 49 % 11 *102 Y4 Corp first mortgage 3s 1966 June-Dec Metropolitan Edison first mtge 2%s 1974—M&y-Noe Michigan Bel] Telephone Co— 3%s debentures 1988 April-Oct Michigan First 96 73 , 104 103% Jan-July Sag 3Vis 94 23 49% River 104 Va June-Deo Mead 3Vis 3 74 mtge conv inc 4%s series A 2022—May & Port Chester— 109 % *108 1972__Mey-Moe & con 4s series B 1954—June-Dec Sugar 4s sinking fund Feb 1 1957—May-Nov Manila RR (Southern Linesi 4s 1959 May-Nov May Dept Stores 2%s debentures 1972 & 96 73 % 77% Norfolk 105% *95 May-No» mortgage gold 95% 95% ■ 122% 9 1979—Mej-Moe Manati Lans 100% 64% (Wisconsin) Jack 101% 100% 5 M First 95% 100 Ya 85% 74 Refunding and improve 5s series C 2047—Jan-July series 10 103% 100 238 86 2003—Apr</-Ocl 2003—AprU-OcI 4 Vis 94 70 AGeneral 77% 121 Va 121 % 96 Vi G RR 98 Va 10 81 Niagara Falls Power 3%s 1966— Norfolk Southern Ry Co— 38% 36% Rxw ser Central 102 V2 1 95 Va 100% 101 JKay-Nov 104 ser First 103Y4 100 1 *100% .J an-July 104 mtge 3%s Maine 100% eto-Auy May-Nov —Jan-July Susquehanna & Western RR— 5 AFirst refunding 5s 1937 65 33% 61 mtge 2%s 2%s 95 i-B 25 '103 refund Co *102 V 100 Y 57 104'/a 104% refund & 59% 55 y4 81 § A Second gold 4%s 138 44% 73 121 Vt Feb-Any May-Noy June-Dec and (R H) 56 52% 7 63% tN ' 41Yz ~ and Macy 37 68% N Y Steam 75% 8 37% First and 55 Light 1st mtge 2%s 1875—Mar-Sept Y & Putnam 1st consoi gtd 4s 1993 April-Oct 70 72 59% First First 57% 55 April-OcI N 3 67 68% Feb-Auy April-Oct 1963 NashvHie 56% 55 .May-Nov 1973 Hartford RR— series B Northern First mortgage 5s extended to 1979 Lexington & Eastern Ry first 5s 1965 Liggett & Myers Tobacco 5s 1951 M.ami 57 % refunding mtge 4s ser A 2007—Jan-July N 96 78% 85 Valley Terminal Ry— Lombard 56% and Vi s {AN 78 Ya *83 Va May-Noy May-Nov 2003 F 53 Va Y New Haven & Harlem bonds— 20C3 interest 2003 fixed Interest 2003 Series D 4s contingent Interest 2003 Series E 4 Vis contingent interest Series 61 *54% ' Feb-Aug 5s Lehigh 78 % 57% AGeneral 94% 90% — . 74' 9 § * General gold 5s mortgage interest 4Vis fixed 3s . 9 60 apru-Oci series F 1986 3s Mortgage 4s series B 2043 Y Lack & West 4s series A 1973 4 120% N 8eries C A 94 Ya *91 — Feb-Aug 1984- extended Series B Little 114 84 78% 58% niortgage 3%s series E 1980—June-Dec moitgage Moitgage 4s series A 2043 Valley RR— General 7 94% 1998 2%s series B 1975 Y Dock iirst gold 4s 19oi Y & Harlem gold 3%s 2000— First l&70_Apr11-Oct stamped 1974 Harbor Term Rv— Valley mortgage 5s extended to Valley Railway— First 51 199b 78 teo-Auy -FeO-A\m 3%s gold N A ser 1964 1st Lehigh 118% registered AGeneral 4s 1954 1st First 83% First & Lehigh 79 N 1% co- Sinking fund mortgage 3Vis Lehigh Valley Coal Co— Lehigh 83% Ltd— income reg mortgage Lehigh Coal & Navigation 1st 81% 1997 1997— collateral Y Connecting RR N 181% N 1997_Jane-Dec 83% First 104 *8 % 118 Jan-July J an-July 3%s mortgage registered Shore Refunding 100 1968_Jime-Dec 1997 Co 118 V* 72 Micmgan Cent collateral gold 3 Vis 1998—Feb-Aug 3%s registered 1998 Feb-Aug York Chicago & St Louis— 101 181% 105% 105% % 65% 67% New • *181 Va 185 — 61% 134 3%s 27 97 ;■ 310 72 103% Terminal— First mtge sink fund 3%s series A Lake Shore & Mich South gold 3%s 62 High 65 3%s N Laclede 58 Y4 63% Lake 1 Lakefront Dock 331 70% General )i 103% 50 — *101 April-Oct 1959 60% 59 V'2 64% 105;,/8 _Jcn-JuIy certificates 5s 60% -Feb-Aug 1998 71% N *114% 116% ■ . /an-J uly . 1961 Low and impt 5s series C 2013—April-Oct Y Central & Huuson River RR— ' Kings County Elec Lt at Power 6s 1997 Koppers Co first mortgage 3s 1964 {AKreuger & Toll 100,'. 64 *102% 103 Vi Jan-Joiy unguaranteed — lu4% 104 Ya 104 Ya Smi*? Jan-July 1961—Jan-July A Refunding 103% •■■i. 104 >/4 104 Va 1 103% '104»/2 104% 104'/a June-Dec Stamped 1961 4Vis •' April-Oct 103% *105 1 April-Oct 1950 3s Jan. 1 High No. Co— series 4s Range Since Sold \ Refunding and impt 4%s series A 2013-April-Oct *103 June-Dec Ry Plain Consolidated juue-Dec First mortgage 4s series A 1975 First mortgage 3%s series B 1968 Kansas City Terminal Ry 2%s 1974 RR Central York New April-Oct Lignt 2%s 1976 & Bid &. Asked High Bonds Thursday's or Sale Price Period New York block Exchange Jan. 1 Last Interest ' BONDS Range Since Sold'« K Kansas Week's Range Thursday Week's Range Last Sale Price guaranteed 4s ser H 1960 Consolidated guaranteed 4%s ser Consolidated guaranteed 4%s ser I J 1964. Mnw-Nov 106% in«% 103% 103% " *103'% Feb-Aug l963_Feb-Auy —— *112'% 114% ~ ■ 111Y4 113 V2 *112'% 111 112% r- Volume 171 Number 4397 THE COMMERCIAL & FINANCIAL CHRONICLE (1483) 27 NEW YORK BOND RECORD RANGE Thursday BONDS Interest New York Stock Exchange Pittsburgh Cine Chicago & St , Louis Last Period , or Sale Price mortgage 5s series A 1070 June-Dec mortgage 5s series B 1975— April-Oct General mortgage Coke 3 V2s debentures 4%s series A 1958 B 1959 ApriZ-Oct First 4%s series C mortgage Youngsiown First general First 5s Pittston Co 5%s Potomac Elec B income Power First mortgage First 1st mortgage 3s Ry— 3%s 83 100 103 1 3V4S 102% 103 1023/4 debentures 93 95% 96 % 96 % 92% 96% 108 — 100 100 8 105% 105% *105 Mar-Sept *100 mortgage 104 L_ 2037 and refund of & Ohio Cent 2%s debentures & Electric 10 6 151 y8151 y8 1 104 1051/4 Union Oil 1061/2 109% Union Pacific mortgage 4%s series D 151% 225 1061/4 106% series H 1967- General mortgage 3V2s series General mortgage 3y4S Series J 4s stamped 104% 1051/4 U '102 101% Lawrence & Adirond'k 1st Second St gold Louis St Rocky Louis-San 1st P Francisco 4s 92% 95% Rubber 2%s S bond 4s *7% Mar-Sepf stamped Second 106% 8'% 9 *104 ■A St Paul St Paul Scioto and Union 8 i/s V & New Air first 1041% 103% 65 *98% Gen 99% 91%. A 62% 93% 126 63'A 249 62% 12 118i/2 22 99i/2 32 1051/4 10b Si- 103% 104% Oil Jan 83% June-Dec 91 94% Walker 66% debentures 27/8s 98% 66 Southern Ry Pacific — 23/4S 4y2s (Oregon 4y2s 1994 Gold 4%s Lines) A u San Fran Term 1st mtge Pacific RR 103 100 3%s 101% 109 110% 103 103% 104'A 105 102'A 103% 103 105 16 103 % 103 % 103'/« 6 96% 2 96% 96 97 »A 102% *99 Vs April-Oct *98% 99% 92 15 92 98% 98'A 99% 103% 96% *103 May-Nov —Jan-July "X*,' 3 981/4 *104% 77 M 98% A 1975 -June-Dec Aa/A:1/? 92% 96 „May-Nov 103% 31 59 i *100 99% 90 92 5 102% -I Hi' —Jan-July 106 105 102% 103% 105 105 40 114% 130% 103 103% 106 126% 129 *104 105 *99 " April-Oct 103% 88% V ■ 89 5 •/ ser 10 1973 April-Oct C 104% 104 % 5 103% •>.3 73% 79 70 71 100 100 1981— 77% ,2 100% '3 77% 2%s 1974 4s I series 3y2s 1 99% A; A 63 2%s and ■92% 106'/b 105% 106 107 y2 5s 27 57 60 45 55% .103% 103% 56 101% 1041/a 105'/a 105'/a 103% * 3 104'A 105% 105% 96% & first Co SAFirst 103% 93 S A 90% 95 -w—"'J* " ,*1017/8 V 88 % 89 % 3 First Public 85 91% 102% 297 1 101% 102% 103 7 102 103 103 7 102% 103 111% 101% 103 103 , .. 103 103'A 115% 114% *-115% 116'A Power Jan-July 2%s 3'As 77 3 4 41 45 36 f 74 44% . . .. 78% 41 76 45 77 '/a , 4 6'/a ' 99% 100'/a 107 Vb 107% 991% *99'-'2 100'/« —June-Dec 1976 77'A ■ • 100% —Mar-Sept 1979— 2%s Service 77% Jan-July first 4s 1936—May-Nov term deposit— of Electric mortgage 99%' 100% 101% 106% 110'/a 111 111 Jan-July 1949 deposit-— 4s of div and Certificates 1960 4s 14 43 89% *101'/+ 101% —Mar-sepi Jan-JuZp April-Oct 1958 100% Ry— general Wisconsin first 3s 3 100'/8 100% 100% —•—Jan-Jw/v 1973 102% 100 PM'' 100 100 , 101% f. ■! * 60 *106% 1971—L—Jan-July .96% 114 mortgage B ACertil'icates §ASu & Du 95% 87% -8 , debentures - iU Mar-Sept , 3'As series C 1970 mortgage 3'As series D 1967 fWisconsin Central 97 A 1 1971 convertible I : May-Noc June-Dec Mar-Sept — 64% 64 3 8 58% " 1950 106% 105% 63% C4% o 103% .'.A 7 4y2s estate May 2014— < 103 5 108'A 106% Wheeling & Lake Erie RR 2%s A 1992-^Mar-Sepf 98% 100'/a A'". . real debentures First 103 89 «>an 25-year Wilson 227 94% A Wheeling Steel 2,041 96 income Telegraph Co— gold 5s 1951 — 1960 Westinghouse Electric Corp— 103% 95 4V2s Pacific 53 102 /a 104 Vz 10 1C5% 105% i—-Jan-ju.y : 91 101 105% 102 a'a *105% 1031/4 Jan-July guaianleed 2361— 102% 101 *105% 105% May-Nov Jan-July 1966 79% 101 % 50% 55 102 Ltg 5s stamped 3Vis 81 73 99% 89 1976—May-Nov 3y»s gtd gold Maryland first mortgage 4s 1952_April-Oci mtge 4%s-4s series A 1969 Apr-OcZ 30-year 83 51 97% 104% 102 *102'A *53 Union 5 105 77 7 91/4 101 100 % 100% *101 Funding 102 104 I ; 88 'A99 -May-Nov debentures registered 2361 Gen 107 A 100% 103% 95% • *105 129 3V2s 2000—Feb-Aup Western 99% 124 A 6 — 88% 88% 105 2 102% 102% 102% Western 103 % 98% 124 94% Jan-July —Jan-July *100% *106% 107% W 2%s debs 19bb—May-No« ref Power Wisconsin -- 1958 5s & Penn 66 ,t 36 98% 101% 103% vCA-I;';:. 1955. _Feb-Aug 1979- June-Dec Electric 4s 93% 66 77 A:95% i A • 99% 101 97 series April-Or-t conv Western ■ 100% 4s 1963 G Penn 99'/a *123% 125 ' 7—: gtd mtge 2%s ser G West 8-% 106% 100% —Apr-Oct ser 101% — 102 y4102 v* Feb-Aug 1976 debentures West 101% 751% *100% 101% _Mar-Sept 1960 Co— 96 4 *103% 103% series A 1970—Feb-Aug gtd 1950 June-Dec mortgage 3%s 1967— Jan-July mortgage 3s guaranteed 1979—May-Nov General 266 103 98% '■'■■--'.I' —May-Nov — debentures 32% 92 96 •. first Winston-Salem 1977 , 1981 convertible Southern April-Ocf --Jan- July 1969 3s I — 88% Co— First Gold ; series B West Shcre first 98% 53% Co RR 2.65s 1987— Indiana 21% *109 1970—June-Dec income series A Jan 4s Westchester —A' 98% - > —Jan-July —Feb-Aug ' 1985 debentures Southern 69'A 52 476 Power Washington Terminal 103% 127% 4 98% *102% —' 1941_Feb-Aup —Jan-July 1979- debentures debs 1967 & (Hiram) Waiworth 120 ,127 — ;[ 98% — 1971—ApriZ-Oct . 23/4S — 100% 100% : 80% 83% — 2016-.—May 1966— debentures 103% 238 *104 y2 April mtge income 4'/as series B Jan 1991 April .mortgage 3%s series B 1971— _r_Feb-Aug General II-1 *126% .-June-Dec 3s 105% 105 JJ *103 198.9—May-Now Corp coll trust 7s debentures 1965— 2%s 105% —April-Ocf t§ASilesian-Amer Skelly 119 103'/4 103% June-Dec 2y2s 103'/s 69% *101% iund 3s mtge Gen 1968_June-Dec 1974 Oil Mar-Sept Wabash RR Co— Warren 1996—___Jan-July & Sons 2y2s ; 131'/2 28'/a ' 96 3%s debentures 1959—Mar-Sept consolidated First 119 1990—Jan-July gtd 4s A 101 106 W 75 Co— series 2%s 1995 First lien and ref mtge 3y«s 71 72 1989_Jan-July 1971 4V2s series A debentures Union RR 4s mtge Seagram (Jos E.) 3s B 1961 104% 70 75 May-Woe gold 4s cons England 1st Line mortgage AGeneral Shell 1989 3y8s 99 128% 103% — 66 26 May-Nov consol sinking Electric Virginian Ry 10% 75 63 Depot debs debentures convertible First 8% 70 Jan-July gold 5s series A Duluth & Seaboard First ref *103%, 68 Virginia & Southwest first gtd 5s 2003— _Jan-July 107% 7% »• - 75 1955_Jan-July lnc bond certificates Nov 4s General , 105% 70 93 certificates 8 28 series B 1957— .May-Nov Co— First and refund mtge 2%s ser E 1975_. Mar-Sept First and refund mtge 3s series F 1978_. Mar-Sept e— *8% A Jan-July 1997 RR Consol Virginia Louis-Southwestern First June-Deo 1976 debentures 3%s 4>106% 107% —Jan-July 1941 4y2s series A Jan 2022—May Ry— mtge inc 104'/2 Ry Co— series A 1974 1968 First and refund —_ 5s 16 *105% 105% Refunding mortgage 2y2s series C 1991-Mar-Sept Co of America 2%s 1960 April-Oct __ *106% gold 5s 1996—Jan-July .April-Oct 1996— Mt & mortgage ASecond St 6s 1985_Jan-July qqa/. 131% 1311/2 131% 102% 93 *1201/8 Mar-Sepf Saguenay Power 3s series A 1971 St. E ser 3%s 2%s Corp debentures 27/8s Vandalla 93 ,105% 1051/4 1967_ .Mar-Sepf 1969— -Mar-Sept 1949 stamped qq n/. -June-Dec United Biscuit 1977- -Mar-Sept 3%s 4y2s 101% 101% RR— 1511/8 225 Corp— mortgage RR 106% 100% impt 3%s I960—June-Dec California of 222 Jan-July General t ARut-Canadian 105 105% '■T General JSARutland 126 104 Pacific— and ref debentures *10.4% 105 % 1979-June-Dec 1964 I 119% 2 U R Gas 2 *101 __ Co of Missouri 3%s 1971—May-Nov mortgage and coll trust 2%s 1975—ApriZ-Oct First 104% *221 Reading Co first & ref 3%s series D 1995- May-Nov Reynolds (R J) Tobacco 3s debs 1973 _April-Ocf Rochester 3%s M C 2000 105 2%s Oats 126 26 1990_ApnZ-Oct 5s Orleans New Universal Pictures Quaker series 3%s gold Pacific-Missouri *105% 106 June-Dec 1972—May-Nov mortgage 2%s M 1970_AprfZ-Oct 105% II 106% 106'% 2037—Jan-JuZy 3s High 105% 108% Union Electric 1968-Jan-July 5s 8s mortgage 126 105% .—-.May-Nov series B 31/4S first Tri-Contlnental 104% 105 . 101% May-Noo mortgage refund Pacific RR 1985- tThird Ave Ry first refunding 4s i960-'—Jan-July AAdjustment income 5s Jan 1960 April-Oct - 3V4S M & Texas 108 99% 100% | 5 106 Co— mortgage Jan. i Low *107 Jan-July May-Nov 1963 refunding First and refunding First and refunding First and refunding First and refunding refund General 3s and and and Texas Tol 100 No. High Range Since Orleans RR— New & First 93 1 95% Feb-Aup Gas Texas I-" ' I_ Jan-July Sold '104%'104% Jan-July April-Ocf lmpt M 4s series C 2019 and impt 2%s series D Texas Corp 3s debentures 1965 Term 1964__Jan-July 19eo 1983 & *94% June-Dec Bonds Thursday's Bid & Asked of St Louis— Assn Refund and Refund First 94 *111 June-Dec debentures mtge Terminal RR 88 101% , 101 101 y2 *94% Feb-Aug 1977 Public Service Electric 3s 107% 4 " ' 1962— First mortgage 2%s 1984 Providence Terminal 4s 1956 First 103 V2 94 '• I960—_,_ApriZ-Oct Asntabuia a series general 5s series C 1974 general 4%s series D 1977 First 11 88 *101 II or 108% 102 June-Dec 4%s series Week's Range Last Sale Price Low , II Interest Period Exchange High 103 % 103 April-Oct First mortgage First mortgage Pittsburgh Low „ West Virginia Ry— <& New York Stock 17 88 Jan-July Pittsburgh Steel 1st mortgage 4y«s 1958 Pittsburgh No. *101 r __ . 19eo 7 BONDS Jan. 1 106% 107 II II Plttsourgn Consolidation Coai— APRIL Range Since Sold 108 y8103% 3%s series £ 197&——April-Oct 1st mtge 3%s 1964—May-lVou Chem & ENDED ThursdayBonds LotDj^ High General Pittsb Range Thursday's Bid & Asked RR— General FOR WEEK Week's 120% —Jan-July 115% and general 4s series A 1956— -April-Oct Devel and' general 6s series A 1956—_ -April-Oct Devel and general 6y2s series A 1956—. -April-Oct 95% 104% 104% 105 15 103 106 106 105% 106% 31/ 105% 109 / Memphis 108 108 105% 108 Dcvel St Louis Div Div outhwestern 3y8s first first Bell gold gold 4s 23/4S Tel debentures H —Jan-July 1996 5s 1951 — —_ 114% 115% A 101 % —Jan-July ' debs 1983 1985— _Aprll-Ocf ; ( " — . '•* ' —May-Nov 94 ?0 95% 103 \ . 92% 70 3 • 101% 101% 102% '."5 . Yonkers Electric — Deferred 102 103% included 107 not included the 51% 52% ——April --Feb-Aug 97% —Jan-July "I'wW- —Jan-July •. •' debentures ..May-Nov ' . '£■*>"■ '■ iiL —Jan-July 2%s 52% • '. v.-:'1 A • 977/8 *99% 103 % 97% 25 105 in delivery the in sale year's range, the not n year's range, y not sale Ex-coupon. A v iI " receivership, or reorganized under Section 77 01 companies. sales being transacted during current week. SNegotiability impaired by maturity. as being in bankruptcy, tCompanies reported ; 98% 102% 103% *Thursday's bid and asked prices; no ; ' A — 101% ■ . 'i i <*,' ' • 102 104 2 ABonds ' 101'A 104% 104% • 52% 7 29 „ 102% 102% *101 40 .8 103% 103% e Odd-lot sale range, r Cash Bankruptcy Act, or securities assumed by such a : —May-Nov included in the year's range. d-Ex-interest, Under-the-rule sale not included In the year's 101% 106% — 100% »— Light & Power 25/8s 1976-Jan-July 102 ■" *107 96 104 % bination of flat. selling UThese issues were sales all on , , This previously listed on the Curb Exchange. both Exchanges. 1950 year's range is a com¬ " ' '■ NEW YORK CURB EXCHANGE WEEKLY AND RECORD YEARLY r In the following extensive list we furnish a complete record of the transactions on New York Curb Exchange for the week beginning Saturday, April 1, ending the current Thursday, April 6. (Friday, April 7, being Good Friday, and a Holiday on the Exchange). It is compiled from the reports of the Curb Exchange itself, and is intended to include every security, whether stock or bond, in which any dealings have occurred during the current year. and RANGE Thursday STOCKS— New York Curb Week's Last Range V ■ Sale Price Exchange Par ACF-Brill Motors warrants u Lore 1R,.1t./ ' Alloys Acme Wire Co common 10 Ww 1 Acme Aluminum Adam Aero Hat Stores Inc Supply Manufacturing- Ainsworth _ . Air Manufacturing Associates Inc common. (N Ji Air-Way Electric Appliance For footnotes see page 31. 1 » 1% 100 1 % . 3 Jan 23% 50 4% 700 2% 2,100 21 1% Mar ■w\. " •'.» 4 Jan Jan 23% Jan 4'/8 Mar 5% 2% Jan Jan 10% —3 10% 10% 8 9% 8 9% 9% 1,700 100 3,200 -50 Alabama Great Southern Alaska Alles Airlines preferred—. .100 & Fisher Inc Allied 10% Apr 7*'d Jan 7% Jan 12 Jan Altes International Allied Feb Products — common ' ' -A 1 for Week Shares Low 89 100% 88% Range Since January 1 High Lo w High 20 Jan 89 Mar 50 89 100 'A 100% P0 99% Jan 102 Feb 5% Mar 4% 100 5% Apr Jan 100 4%' Jan 3% 4% 4 16% Jan 18% Feb 5% Jan 6% Jan 6 Jan 3.400 Jan 1% ' Range of Pi ices Par Alabama Power 4.20% Sal^s Week's Last Sale Price New York Curb Exchange High Jan 600 • 5 7 Thursday Low 3% 2 » Range Since January 1 High 4% f ♦- * APRIL STOCKS Share# 23% ~ 2'/a * 1% - - . ENDED for Week 3% ■ 3% —1 Agnew Surpass Shoe Stores. of Price# -. Sales FOR WEEK — 1 5% —I 5% Investing Corp. —1 (Mich) common—. —5 18 18 18 " 8% 9% Mar Brewing Co Altofer Bros common.. 1 5% 5% 6 Va 1,000 5% 5% 50 5% Mar 5 % 4 Apr Jan COMMERCIAL THE (1484) 28 Range Low Par Aluminum Co of America common Aluminum 99% 6% 50 * Aluminium Ltd common 49% 49% 49% Amer AIf Filter 5% 14% 18 American Book Co_, IV, Jan 6 Mar 2,000 45% 14% 300 13% u 2,700 1% % —1 Beverage common American 14% -1 pfd conv American Bantam Car Co class A Jan 24% • " common Jan 96 V2 500 ~6% 99 preferred 100 Manufacturing—* Industries 51V2 4,400 1,300 u I Feb Jan 101% Mar 26 • Mar 76% Feb v 50% Mar Casco Products Mar Castle (A M) 15 1% 3.50% Jan 00 900 9% 9% 9% 1 B 4% % 9% Mar $2 convertible 1 American Hard Rubber Co Laundry Manufacturing Co com American Maracaibo Co Machine American Anchor 250 10% 19% 300 19 V, Apr 21V2 16 Apr 18 y* Jan 4% 63,800 3% Feb 15% 500 13% Jan 15 15% 55% 56% 36% 47 50 Jan 34% 1,300 36% 56% Jan 4% 27% 17S 26'A Mar 31 Feb 27% 800 26 Jan 31 Feb 35% 33 Va 36% 12,500 21V, Feb 5% 400 3% Jan 5 "u Writing Paper common— Products 6% ^800 7 Mar 5% 5% 500 5% Mar 6% Jan 6% 300 6% Apr 7% Jan 12% 400 12% Jan 13% Feb Club Aluminum Products Co ~6% 12% 12% 3% Jan Jan 6 , - 1,800 2% Feb 6% Jan 111% 112% 90 109 % Jan J 1 LOO 100 City . 7% Claude "4 1,500 3% Jan • 11 11 11'A 4,400 10% Jan 12'A * • 11% 11% 11% 11,800 10% Jan 12 Va 10% 10% 3,900 10% Feb 11 Jan 300 8% Jan 11% 5,600 x21% Feb 23% Apr 24'A 23% 24'A 900 23% Mar 25 V* Feb 12 11% 12'/a 2,300 •- * Asplnook (The) Corp Associated Electric American dep Atlas Corp rets Line 6% £1 £1 reg Co "% "% 200 51 51% 50 2% 2% 1,800 50% '.1, 51% 100 2% .50 50 "5% warrants Plywood Corp Automatic Steel Jan Products Inc _• * \ 5 Is ''' +»*+ Cook 6% Feb 8% Jan Coro Jan Corroon Apr Jan 6% Mar 16% Mar 22 Jan $1 900 10% 13% Feb Cosden 12% Feb 14 % 37'A 30 4% 4,800 6% 100 Feb 7% Jan Feb 3% Mar 38% Jan 3% Jan 4% Jan 6% Feb 7% Jan 9% Jan Jan Feb 9% Mar 11% Jan 200 63 18% 60'A Mar 64% Jan 18% 100 17% Jan 19 Feb 8% 9 500 7% Jan 10 Feb £'A 8% 900 7% Jan 8% ii % 1 3,600 % Feb 1% Jan 70% 75 28,500 65% Feb 78% Jan 75 16'A 16'A 400 xl5% 14% 14% 600 12% Jan 15 Va 15% 600 15% Mar 5% 4'A 5'A 54,000 4 3% 4% 132,300 16% Feb lt°,4 15% 16'A v Jan Jan 14% Mar Jan 17 2% 27 25% 27 Va 1,500 6 Va 6 V, 300 6'/a Jan 5% 1% Jan 4% Mar 6% - Jan 8% Mar 25% Apr 31 Apr Jan Mar 8 Jan 13% Mar 14 Jan 6 6% Feb Jan 6% Feb Jan 5% Mar 50% 5% Jan 6 1,700 4'A 5% 300 4% 50 • - 50% 3,800 7'% 7 7% 43% i°'A 100 5% 5% 6 5 Va ~6 4,900 43'% 250 42% 10 Ve 10% 39% 50% 400 Apr 7% Jan 6%,Jan Apr 45% Mar r; 33% Jan 9% Jan 11 69% Jan 77% Mar / Jan Jan 116 104'A 13, 4% 79% 80% Jan 108 500 12% Jan 4% 2,000 4% Jan 3 — 3 . 19 ' 1 Mar 88"% Jan 3% Mar 2% Mar 100 600 l'/a 20 1% Mar 13% 4,700 Jan 20 Jan 32 Jan Jan 6% Jan 7% 16% Jan 5% Jan 3,100 9% 9% 10% 2.000 9% IV, IV, 1,600 16% convertible preferred 50 17 9 14,700 44% 46 A Jan 400 8% 8% 1 Feb 17% Mar Mar 9 ' 47% Mar 34% Jan 650 46 Jan 11% % * common Apr Apr % 7'/a 1 Jan, % % • Feb 5 .„ 30 19% Jan 14% 78% Mar 1,700 3 l1 — 81 Feb Mar 13% 113% 13% • 26 25% Mar * Petroleum 21% Feb 9 5c Reynolds common Jan 37 * preferred class A 5% 750 6% • Inc 400 700 7'A 18 18'A 8% 1 Paint & Varnish Co & 15% 62 -0 1 Machine Co—1 Continental Foundry & 9 21% Feb 100 Cornucopia Gold Mines. 8 Jan 4 Va Royalty Oil Jan 5 14% — 20 Consolidated 6'A 100 Jan 375 8% Continental Car-Na-Var Corp 17% 400 Mar 142% 17% 37'A Mining 6c Smelting Ltd—5 Jan 5 1,900 5'/a 11% 12% .-3 Jan Feb 173 1,090 16 Va 4 Consolidated Apr Feb 8'A 17 3% 51% 22 100 Gas Utilities Jan Jan • preferred series C 95% Mar 14% Pwr Bait com..• 15 V# Mar 17,400 7 '' 17 Apr 6c 10% Jan 2,750 6% * Lt 85 % Mar Apr 18'A "4% 1 Consolidated Liquidating Corp Jan Jan 2% 700 3% 25 series B preferred 4 Va % Jan Jan 44 8% ' .25 25 Ayrshire Collieries Corp common— 5% 16'A IS 67 % % Mar 41% 5 1 Automatic Voting Machine Avery (B F) & Sons common 6% preferred 5%' 15% 15% ,1 -1 Feb 8% 7 25 common Consolidated Feb 17 17% 1 Gas Elec New 12 % Mar 6% Jan 8% Jan 167 % 172% 1 Vtc ext to 1956 4'/o Laundries of America • Associated Tel & Tel class A—-——• _• Atlantic Coast Fisheries II Atlas 9% 81% ordinary Manufacturing Co Consol Industries— Associated Atlantic Coast 10 20 84 6 Community Public Service— Compo Shoe Machinery— Jan 23% • preferred conv Jan 10 22% 115% 115% : ''' Jan • Commodore Hotel Inc 116% Mar 114% 10 23 % • Equipment Corp Ashland Oil & Refining Co—_—; Colt's Jan 1 1 :50 2.50 Aro $1,20 >, 4 4 Jan 4% — • common Colonial Sand & Stone Co Jan 10% 'lO 10 W Co Colon Development 4% Mar .A 1 4.—— Gas Jan 7% 1,600 . 1 —1 Inc common— Colonial Airlines Jan common ——— Natural Manufacturing <po Neon Cockshutt Plow Jan Common class A non-voting 6% preferred Arkansas Power & Light $7 pfd Argus Inc Arkansas & Suburban Homes Controller Co——, Clark 3% Mar 112 26'A 5% 8% 171 —5 10 1 City Auto Stamping Mar 4% Mar Clarostat 3% 3% 133. Jan 22% Mar 5% 17% -1 TO Clayton 6c Lambert Manufacturing Clinchfield Coal Corp common 6% -1 1 Apex-Elec Manufacturing Co Appalachian Elec Pwr 4%% pfd Yi Feb 6% ~6% -5 Jan 4% 300 5% 94 10 4 * * common ■4i. £1 £1 Angostura-Wupperman Service Cities % 1 Co Ltd— Amer dep rets ord reg common 4% 116% 2 common Apr 5% Mar Jan % 13,800 Corp % • ..5 6% 100 84 1 2.50 10 5 America of 4% 10c preferred 36% Jan 3% Mar 23'% cc 100 10 2 10 Cherry-Burrell common Chesebrough Manufacturing com Chicago Rivet & Machine: Chicago & Southern Air Lines Voting trust certificates Chief Consolidated Mining Apr 37% Mar 27 5% 22% 5% —100 100 pfd opt div series 1929 Charls 56% 26% preferred opt div series Cessna Aircraft Co common Apr 27 preferred Chamberlin Co 16% Mar 27% 5 ' 1 Century Electric Co common Century Investors Inc Convertible preference Jan 300 2 common 5% Angerman Co Inc Anglo-Iranian Oil 11% 10 preferred Post Jan • Superpower Corp common Thread 41% Mar 13% 23% ' l'/a Mar 100 300 "5% . 5 100 Conv 36 V2 Mar Jan • . series Apr 39 16% 3% 25 Chem class A 6c American Republics American Seal-Kap $6 pfd 33% IV, Mar "5% , pfd 100 Elec 6% preferred—100 Conv Jan 19 Va 4% 2 7% Feb 2% Jan Jan ll'/e .* Natural Gas Co 6% American 25 115 2 16 1 Class E Amer 150 41% 19 V, 20 Products common American Potash 34% 41% 25 American Meter Co__ American 33% 41% 2 25 American American American Metal 1,900 33 % 1 preferred preferred $2.50 convertible 110% Mar 75 2% 2 Va High /'* preferred SCentrat States 110% 110% 100 10c preferred— Low Central Power & Light i% American Gas 6c Electric— American General Corp common Range Since January 1 ' — 10 1 & Co Share* High i . common Ohio Steel Products Central Low * — America Maine Power Co— Central Jan Mar 83 ;• -I common Catalin Corp of U Mar American Cities Power 6c Light— Class Co W) (J for Week wf Prices . t —-—£* 2*6d dep rets B ord Amer Carter Jan ' • rets A ord dep Amer Jan 8% Ltd— Carreras 58% Mar Jan 100 NewT.rkCurh^ngr^^ High Low Sales Range gale Price Range Since January 1 Share* 6% cumulative $3.75 Aluminum Goods Last' High 55 52 54 • Week's Thursday for Week of Price* Sate Price New Yerk Curb Exchange ff Sales Week'* Last Monday, April 10, 1950 EXCHANGE FOR WEEK ENDED APRIL RANGE Thursday FINANCIAL CHRONICLE CURB YORK NEW STOCKS— & Courtaulds Ltd— B American dep receipts (ord reg)__£1 Creole Petroleum Babcock tc Baldwin 1% Wilcox 55% 54 55% 52% 1,000 Jan 59% Feb Locomotive— preferred .30 Baldwin Rubber Co common Banco de los Andes— American 6hares -1 35% Mar - - 12% 1,600 5»/a 5% 100 , 9% Jan — 4 Vt Jan Apr Crown Cent Petroleum 5'/a Mar Crown fx, ~3% 4'A 6% 300 n% 12% 1,000 1% 2% 1,300 1 % Mar 34 Va "4% 14,300 34% 400 33% Mar 3% Jan 6% Mar 5'/a Jan 7% Mar commpn. -l 12% .A 2'A . .25 7'A ..1 Benson & Hedges common Bickford's Inc common 300 7% Atlantic Sugar common 17% Feb Cuban Tobacco common 5% Jan Curtis Jan 12% Feb Curtis Manufacturing Co 11% 7% Jan Apr 52 Jan 15 100 101 97 Jan 2 % - 35% 8'/a 101 ..1 8% ~8% 1,000 11% 11% 50 4% 4% 4'A 4,200 8 -3 8 8 100 1% • — ' — 7% Mar 16% 9% ; 62% Feb 51 Jan Mar 22 100 19 Jan 23% Mar -1,800 5 Jan 18% 6% 19 Va 6% 3,100 16% 5 5% > 1,600 1 20% CM O 50 22 22 100 7% Feb ' American V.U — Raynolds class B Distillers Co Ltd— 22% Mar British Class Power class 200 1 % Mar 2 Feb Draper Corp 25 Apr Driver Harris 1% A * 1% . 25 24% 3 275 25 1 B__ 23% Jan 2% Jan 3% 12% 500 11% Jan 14% 5% 5% 490 12% 1 preferred—10 5% 2,900 5 V* Jan 6 Mar 2,700 14% Jan 20 Mar 200 17% Feb 19% Mar 3% 19% 20 18% 19% 18% Jan 6 Piston Ring Co Burma Corp Amer 6% Feb 11% 11% 1,000 11% Jan 12'A Feb 13% 14% 2,200 13% Mar 16 V* American 7% 7% % '/a A 7,100 12 %o 4% 4% 4% 5,500 7% 7 Mar 9 Jan 5 Canada Insurance Bread Co 6%% 4% Jan 1% Jan 1 Canadian Class A 7A 8% 5% 200 6% 7% 20.900 8% 9 2,700 23 25 5 — ' 23 4% Jan 5% Mar 5{£ Mar 7»A 8 9>A Mar 22% Jan Jan 24 Jan Mar Alcohol— • voting non-voting preferred "• 9% 9% 1,100 7% Jan 9lA 7% .100 Canadian Marconi Jan 9'A Mar & Carnation Co & Carr-Consolidated , 4% 5 20% 1 8% 3% 20 8% 4% 99,400 20 % 450 8 % 200 Apr Light $5 pfd— Biscuit Co For footnotes see page 31. • 81% 81% 81% 100 7% 400 13% 13% 13% 500 10% Feb Jan 2 V* Jan 22'% Jan 24% Mar 11 Jan 12 23% 800 12 : 100 12% 4% 4% Xl7' 1% Jan 12 Va Mar 14'/a Jan Jan 4% Apr 37 Jan 38'% Jan 16% 200 Jan 18% Jan 3% 9,300 : 600 17% *' ' • 9% _• 9% >, Feb Apr 1% 100 1% 1,11.:/'; 17% Jan ll'/a 1% 23 12% 4% 146 1,300 2 — 12 23% 14'A Mar Jan Jan 1 1% J—-.'... Mar 23 "-' v 9'A Mar / 100 •.24% Feb V lOVa Feb 75 Apr 24'% Mar 29% Apr 85 98 10 29 28% 29% 250 95 % 95 % 25 dep rets ord reg £l • • ; Jan v ; . Jan Mar 5% Feb Feb 3% Apr Feb 14% Jan 4'% Jan 5% 3% 1 • 2% Feb 14,400 2% 175 3% 12% 13% 13 14 13% 13% 14% 3,500 2% 2,700 3% Mar 1 • 13 17 17 3'/a 4,100 Mar Jan Eastern Malleable Iron 72 525 67 Jan 73% Mar 63% 67 700 63'A Apr 75 Feb 30'A Jan 27 3Va 4% Apr Jan 20'% 3% 62 % 50 9 Jan 4 $5 pfd J an 23 Feb 25 77% Jan 81 Mar 1,000 8% Jan 10% 21 22 V, 42,100 17% Jan 18% 16% 19'A 3,500 11% Jan 30 103% 106 18 Equity Corp 10c 1 — Ltd— Eureka Pipe Line common 1 Apr 10% 5 convertible preferred 61% 80 Va 1 100 1 common Jan Jan 22 -5 common 75 67% 10% 1 • shares of beneficial lnt Easy Washing Machine class B " 80% 1 6% 1% 106 5% 17 1% 43 . 106 6% 3,000 18% 2,400 1% 5,400 43 5% ' 25 1 10 5% 800 3,'o 5% Feb Jan 23% Mar • 19% 106 Apr Apr 1% Jan Jan x6% Feb 5% 12 19% Mar Jan 1% Mar Jan Jan x45 5% Mar 6 42 5,100 Jan Jan A Jan Jan 16% Feb 22% Jan 29% Mar A 15 Apr 8 % Mar Jan 18% 61 % • Common shares of beneficial int Corp Mar 3 200 70% Mar $7 preferred series A. $6 preferred series B_.—— Eastern Sugar Associates— $3 Jan 70% 25 Esquire Inc 3% 2 V, Mar 2% 71 66 % Eastern States Corp. Eureka 150'% Mar Jan 2% • 100 100 common prior preferred preferred /> 3% Mar 63 Jan Jan 81'% Apr Fairchild Camera 114'% Jan Fairchild Engine 3% Jan 3 Mar Fansteel 6c Instrument 1 & Airplane— Metallurgical.. 1 26% 26% 26% 1,100 6% 5% 6'A 57,300 4% Jan 6% Apr 11% 5,500 10Va Jan 12% Jan 11 10% , Jail 9'A — 2 Jan 8% Feb 135 Jan 29'% Mar Jan Mar 7 — 112% Mar • III1 -2% 2% Mar .2.50 Co common Carolina Power 150 V2 Mar —1 Capital City Products common Carey Baxter & Kennedy Inc Carman _7% Electrographic Corp common Empire District Electric 5% pfd Empire Millwork Corp——* Emsco Derrick & Equipment common— Canadian Industries Ltd— 7% "7% v Jan 2% Feb x25% - .. 69 Co 36% x7Va 1A Mar 425 Electric Bond & Share II* 120 preferred. Industrial Class B IIIi • Ltd preference Canners Ltd Convertible 6% 100 Jan 1% Mar £1 5 Canada Cement Co Ltd common— Canadian 600 1% Mar 3% Mar common-—50c Calgary & Edmonton Corp Ltd— Camden Fire Feb Jan % A Jan 3% Cables & Wireless— Power Jan 5% Mar 15% Mar 34 6"% 75 Duraloy (The) Co Durham Hosiery class B common.. Duro Test Corp common Duval Sulphur & Potash Co 6% Electric 25 35 1% • 4%% California 12% Feb Jan 100 American dep rets 5% preferred Calamba Sugar Estate Feb 21% Jan Jan 6% 25 Duke Power Co 11% 1 Products 35 74. Eastern Gas & Fuel Assn Electric Jan Mar Dunlop Rubber Co Ltd— 14% dep rets— — 60 5% Mar 75 Feb • Burd Cable Jan * Apr 2.50 Sullivan Burry Biscuit Corp 18% 3,400 20'A 3% Jan 10' ..1 Dominion Textile Co Ltd common Line— & A Dominion Tar & Chemical Co Ltd 8 Mar 3% Jan 13% 1 common Jan —* Ltd Domestic Credit Corp class 8% 1% —10a Bruck Pipe Dobeckmun Co Jan 7% Mar 8% 2.50 Hill Jan 23% 50 8% • Mills 33% Mar Apr 100 Brown Rubber Co common Bruce (E L) Co common. Bunker Feb 22 8% 8% £1 B Buckeye 20 20% 2'A 50% 1% Jan 8% 12 Feb 2% Mar T * Dominion Bridge Co Ltd Dominion Steel 6c Coal class B .£1 < class Brown Forman Distillers 4% cumulative junior 100 • ord reg Columbia 1,300 2% 11 American dep rets ord reg 4s Tobacco— Amer dep rets ord bearer Amer dep rets ord reg British Celanese Ltd— Amer dep rets ■ 1,300 2% 2% 1 10 Devoe & 32 UH ..MivxvutU 6 100 debenture Detroit Gray Iron Foundry Detroit Steel Products Feb 25% Jan Jan 10c 35 50c 5 Detroit Gasket 6c Manufacturing 19% Mar Jan 17 Jan 6% 1 common Mines Inc 8% Jan 23% Mar 7 1 7% Feb 2% 2% 2.50 Dejay Stores common Dennison Mfg class A common 84% Mar Jan Jan 5% • (Mo) Dayton Rubber Co class A— Jan 78 19 Va — Day 4'A Mar 60 • * Davidson-Brothers Inc Jan 325 5'A 5% 2.50 5 common Davenport Hosiery Mills Mar 9 13% 80 5% Feb 700 6 D Jan 58 5'A Bridgeport Gas Light Co. Jan 3 Va 5% - Feb 22 -25 Brazilian Traction Lightl Breeze Corp common 3% 2% Mar Jan 57% ' Bourjois Inc Feb Mar Jan 700 2'/2 1 Jan 80 58 LOO »«Oti 7% 11 Lighting Inc Jan l'A 5% 5 * 25c • 10 5 Jan 32% Jan 3,000 Apr . f l_* British partic $6 preferred Cuban 5% Mar 12% common. Ties (Md) Drug Co common Crystal Oil Refining common 6% j 12% Crowley Milner & Co Pwr Ltd II Beau-Brummel Jan Crown Cork Internat'l "A" — Barcelona Tr Lt & 11% 12% A, 38 Va 6 1 1 30% Mar 6.400 1% 2% 1 32% 1 31% 31% 5 Croft Ere wing Co Crosley Motors Inc Co 3 2% Mar .-;. Volume THE Number 4897 171 COMMERCIAL NEW YORK ' Thursday .f.', Week's Last Range 'bf Prices STOCKS . Sale Price New York Curb Exchange Low Par -10 2% -10c Pirst York Corp common$2 dividend cumulative preferred—1 Fishman (M H) Co— 2% 2,500 2% Apr 125 31% Mar 33 % Mar 20 33 . 1 5c to $1 Stores — 400 16% 21 '19% , 3% Feb 3% £1 rets ord reg 3% 12,560 3'/2 3% Feb 5% Jan Ford Motor of Canada— Class A Class B 237k><23% • • non-voting voting 2414 1,800 ft % 12,900 21 26% 28 22% Jan Feb Feb Ford Motor of France— American deposit receipts Fort Pitt Brewing Co Fox bearer -■v (Peter) Brewing Franklin Simon & Co Inc common 4%% Fuller convertible (Geo A) 16 1 1.25 1 50 5 preferred Co 16 x16?4 . ft Feb 11% 2,600 ft Jan 18 Jan 9% 834 TVs 71/2 100 7% Jan 3118 317 k 32'/a 200 29% Feb 34 121/8. 12 12 '/a 10 Jan 13% Mar 9'/2 8% Mar Feb 11% Jan LOGO 1,300 7% Jan Mar Kalser-Frazer 5% 5% Corp Kansas Gas & Electric 7% 5% Power Co • common Gellman Mfg Co 1 common General Builders 5% convertible General General General __ Phoenix Corp Feb Jan 6% 2 3% Mar Service $6 r Feb 13 % Mar Jan 8% 7,600 4% % 103% preferred Klein • • 1 3Va Giant Yellowknife Gold Mines 1 5% Gilbert (AC; • common Gilchrist Co 600 27/a Jan 177/8 3,800 11% Jan iy« 1,400 17 1% 9% Mar 10 Jan — — 12% Mar 13% Jan 200 137k Mar 14% Mar 600 7% Jan 13% Jan 87k 87k 9V8 14% 14% 200 2% 2% 500 14% 14% Kropp (The) Forge Co 14% 14% 157k 1 11% 11% 11% 5 17% 17 17% Godchaux Sugars class Class B $4.50 1 3% A 3V2' • Lionel Jan Llpton (Thos J) Ihc 6% 14 400 11% Mar 13 11 18% Mar ' — Jan i% 50 ICO 41% Jan 3% Jan Apr 45 Mar 28 Jan 80 100 46% 46 % ft Mar 45 12% Feb 14% Jan 13 Vk 24% 700 127k Apr 15% Feb 8,800 Apr II % 100 10% Jan 24% Feb 15% '28 29 % Mar Jan 12% Jan 27 Feb 26% Jan 26% (Texas)—u. Longines-Wittnauer Watch Long Island Lighting Co— certificates Common New common of i w 24 22% 24 .10 26% 25 % 26'/a 8% „i Co deposit. » 12 27% Mar Feb 26% 700 14 8% Feb % Jan 19,600 13% Mar -. Jan 9% Mar 1% Feb 14 3/4 Mar '• 525 121 Jan 152 Mar 1,500 106 Jan 131 Mar 307k 5,200 26% Jan 31% Mar 112% 113 Vs 30 111% Feb 113% Mar 13% ••500 136% 141 124% 1 30% 30 Light $6 pfd_. Power 8c Apr 24 7,100 1 13% Jan 22% 121% 124% ~ioo 6% preferred B ctfs of deposit—. .100 Louisiana Land 8c Exploration.- 150 8,100 9 '// ft 13% — 7% preferred A ctfs of deposit— Jan *47% Mar Feb Jan 300 la Lone Star Gas Co Mar 4,600 % 7% 13% 6 26% Mar Chain Locke Steel Jan 74 Jan 19% Loblaw Groceterias class A -Jan Jan •25 Jan 22% 800 preferred. 4% 4V2 200 4% Apr 6 Jan Louisiana '- 64% 64% 647k 300 61% Jan 65 Feb Lynch Corp 14% 13% 14% 1,000 9 Jan 16% Mar 11% 1,900 6% 10 >. Jan 10% -142 1347k 650 128% Jan 146% Mar Macklntosh-Hemphlll Co 9 390 130 Jan 137 Maine Public Service Co 10 • Manufacturing common 10 Graham-Paige Motors 5% conv pfd__25 Rapids Varnish 17% Jan 27 .ft'^'ft ft 50 Gorham 1 Gray Manufacturing Co Feb 14% Mar Jan 8% Apr 1,900 Apr 14% Jan Apr 8% Mar 6% Mar 900 7% 5% Mar Lit Brothers common 5% 22% Feb Jan 6% 13% common Feb Corp 12% 20% 7 12% 4% Jan Jan Mar 5 Feb Feb 197k (R G) Inc 116% Mar 5% Mar 4% 10% University— Extension Salle 14% Jan 300 1,000 6% Lefcourt Realty common 107% • __ lft * La Feb 17 2% 11% Feb Apr 4% 4,400 44 44 27 ' • Goldfield Consolidated Mines 2% __ * Goodman Manufacturing Co Gorham Inc class A • 102 Mar 3 18,900 prior preferred Jan Feb 127k 5 11 — Monotype Machine—:— 113% Mar 100 • Feb Jan 16 22 Lanston Le Tourneau 1,200 - common 2% Lake Shore Mines Ltd Lakey Foundry 8c Machine Lamson Corp of Delaware :.6% 100 47k - /- 9% . 2% Mar 10% Feb !' Jan 500 14% 14% Apparel Inc Jan 107% 2,700 i Inc Co (Adolf) Inc 5% 22% lft Jan 100 14% 107% 15 — * Glenmore Distilleries class B 8% Mar *49% Feb 2,200 5% Feb Mar 18 lft Jan 9% 14 Kreuger Brewing Co L'Alglon 100 100 3 Vn 3 3% 14% 9% —— Corp (new) Laclede-Christy Company 4% __ 201k 25 Coal Globe Union • — 24% Mar 374 1% Feb Jan 900 3% Apr 42 21 237k (D Emil) Co common (I B) Rubber Co Feb Feb 1,100 1141,4 1141/2 • __ * Gladding McBean 8c Co Alden 114 Vk » 8% Jan 23 17 Jan Jan 1,800 26 105% Mar Feb Jan 7 40 3% 7% 100% 3% 37 k 102 v 102 '/ , ■ — Jah Jan 38% 40 237k Lake G M Co Ltd Hotels 50 40 King Seeley Corp Kingston Products Kirby Petroleum Kirkland 8y« 8% Kings County Lighting common. 4% cumulative preferred 7% Jan 7% Mar * 6% 6 12% 13 10% Mar 23% Mar 41% 3% preferred..* _ 5 __ 13% 13% 12 Va Mar 14% Jan 7% Mar Feb 12% M Jan Atlantic & Pacific Tea— '-Non-voting common stock 7% 1st preferred Northern Great • 100 141 140 134 133 25 40 39 40 23% 29 Paper.. Grlesedieck Western 2 Brewery.: Grocery Stores Products common Gulf States Utilities $4.40 25c 100 pfd Gypsum Lime & Alabastine 10 V8 __ 111 __ Feb 500 39 Apr 44% ' 350 26% 10% 111% 200 * - Mangel 31% Feb Manischewitz Jan 10% Feb 109% 60 Feb Jan 9 Jan 111% Jan Mapes Consolidated Mfg Co— Marconi International Marine 16% Mar 16% Mar __ 1 Stores common (The B) Co —£1 10 Communication Co Ltd Hammermill 5 317 Hartford Electric Rayon Brewing Co Hathaway Bakeries Inc Corp Hecla 5 Rubinstein common 2; — **"•' '■ —.10 Inc & Hardart 2% Jan 10% 1,300 10 13 Manufacturing Co. . '3.3 96% Jan 74 Jan 10 1,000 44 7 « 6,400 2% 300 J3Y r"v' 50 • 167 10 Apr 13% Mar 102 Mar 77 Mar 10% Mar 48% Jan 9% Jan 3% Jan Jan 35 Apr 13% Jan Jan 46 Feb 160% Jan 167 Feb 34 Jan 1,075 32% Apr 108% Jan 88 600 2,400 4% 4% Jan 10% *,»'•'"V —3 'v 22 3k Mar 100 110% Jan Mar 18% Jan 23 81 Jan 88% Mar Feb 4 4% Jan Mar 52 52 25 48% Jan 52 16% 15% 16 % 100 8% Jan 16% Apr 2% 2% 2% 100 2 Feb 2% Jan 13% _1 13% 13 V« Apr 17% Jan « 1 i preferred • Hydro-Electric Securities Hygrade Food Products " .:'j ".■■3-3' warrants Huyler's common 325 33k • 33a 3% 200 3% Jan 3% Apr 14% IIIIs Zinc Co common 14 14% 14% 100 14% Jan 18% Jan 8V2 77 k 8% 650 Imperial Chemical Industries—V. American dep receipts registered- _£1 ■ (Canada) coupon— Imperial Oil 2% Mar 12% 31 33% 85% « '■ 33 21% ■•33 „ Jan - Jan 16 ' ' 3-3 88 . ..44% Mar T 8% Jan 43/ "•,;'33 10% 32% i 8% Mar 75 9% 21% 5 Refrigerator $2.25 pfd__ Jan 10% 167 32% * - 11 y« 76% 33- '"'•33 5 (Harvey) Inc common 8c Refining "'33''--7. Y': -.r'YY 10% 3'— —100 Oil 300 Apr 11% Jan 12% Mar 12% ' 8% Mar 50 2% •'•', '^.3' 21% Jan 15% 87k '" Jan 674 1,500 11% Mar Jan 16 5,600 \-33'.- "i;:, • common preferred convertible -—3 10% • Hardart Baking Co & stock ■ IIIl5 (Geo A) 8c Co. Horn Illinois Jan Jan 10 '/a .iW33 :••■■' * Horn 1st Feb 2% 9%. 44% 9 .__*' Common J;', 44% -5 M G Holly Stores Inc Holophane Co common Lock & • 10% ~1 Hussman 50% Jan 76% 1 (R) & Co class A Hurd Jan v »"vl% 3— ■' —100 w w Hollinger Consolidated Humble 47% 240 900 • 8 12% . Hubbell Mar 21% 15% ' v "' 5% Mar 17 1% 10% . —— — preferred Hormel 12 Feb « Henry Holt & Co common Horder's Jan 14% 49% 7% ■ • _ A Heller Co common— 4% 10% 'Yw-*-, • 19% 8 __25c Mining Co Class 100 400 —^ 21 % Jan 17 l7k 3'■ 6% 4% Mar 11% 48% . 4 Dept Stores common Helena 49% -1 500 5 11% 167/a 16% 1 _ Hazeltine Hearn 5 25 Light common Harvard McAleer Mfg Co common 4% . • Co Ltd Paper common Hartford 5 7% Mar Jan 10 3% Mar • 19% 22 . _ 217 k Registered — Il5 Imperial Tobacco of Canada Imperial Tobacco of Great Britain 8c .< 11% 11% Mar 18% Mar 22 Apr 5,200 22 19% 4 19,600 22 ' ... 18% Mar 22 11% Feb 13 Apr Feb 8% Jan 10 Jan 102 Mar 113 Jan 100 ' Ireland -£1 - - ■l Indianapolis Pwr & Light 4% pfd... 100 Insurance Co of North America—_— -10 Inernational International —. Industries Metal A— International Petroleum coupon shs_ 100% 100% 410 105% 104% 106% 1,300 103 Jan 500 14 Jan • Iowa Power & Iowa Public Service com 8% 8% w d Fireman 75% Jan 15% 84 Jan Apr 29% '* ' 500 1%; 21% 7% Mar 7% 11 400 Jan Jan Manufacturing v t C— __ * III Corp com class A Brown Stores common Preference Julian & Kokenge Co. For footnotes see page 31. 14% 37% 37% 100 31% Mar Jan 38% Mar 35 2% "7% 1% 20% 20% 1,500 4% - 6% Feb 500 21 4% —Y Y' ;~7% Jan 18% Jan 500 3% Jan 6% Jan 3,600 1% Jan 150 29 % Apr 29% Mead Johnson 8c Co 1 15% 15% 3,000 13% Jan 1 2VB 1% 2% 10,300 1% Jan "5% ~5% "5% 3,200 6% 6% 100 Mfg Menasco Co 30% 700 7 7 7 15 Scott Corp— Merritt Chapman 8c —100 A preferred -6%% 1 Mesabi Iron Co 1 2.50 • 10 Michigan Bumper Corp Michigan. Steel Tube Michigan Sugar Co common 6% preferred 5% 5% Jan Jan 2% Jan 73% Jan 213% Jan 47k Apr x7% Mar 1% Jan Jan 31 7% Jan Feb 17 2% 57k Feb Jan Mar 110 6% Jan Mar 8 Jan 53 15 preferred Jan 104 % Mar 25c Metal Textile Corp common Participating 6% Mar 4% Warrants > Jan 31% Mar "1% 553/4 Mar Jan 7% Mar Apr ■? 7% 7% 7% 7% 7% 900 6% 400 7% 8 Va Jan l'/a 1% 100 1 Feb 1% Jan ~7% 7% 8'/a 2,200 7 Feb 8% Jan 1 7% 7V» 7% 1,000 7% Feb 8% Feb ■ Middle States Petroleum common 1 10% 9% 10% 9,900 8% Feb 10% Apr 2% 27k 3,500 2ft Jan Micromatic Hone Corp Middle West Midland Corp Steel Co Mid-West common 13% 3% 3% 20% 20% Abrasive Supply common Midwest Piping 8c Wohl Co common 13 • Missouri Public Service common 1 1 Moody Investors participation pfd Morris Plan Corp of America Mountain Producers Mountain States Power common Mountain Tel States 8c Tel Mills Murray Ohio Mfg Co Muskegon Piston Ring common Muskogee Co common Company 10 • 100 Jan Jan Feb 173/» Jan 13% 100 Jan 4 Jan 300 20 Jan 21 Jan 24% 100 23% Jan 25 2,000 1% Feb 2% Jan 5% Mar 6% Jan 500 3% Feb 5% 5% 5% 16% 16% 800 103 % 103% 75 101 Jan 105 Mar 50 34 Feb 39 Mar 30 38 38 Mar 10 Va Mar 32Vs 113/4 Jan Feb 7% 7% 7% 4,300 6% Mar 77k Jan 3% 2% 3% 15,400 2% Mar 3% Apr Apr 105 Jan V* 50 102 Va I-eb 107 % Jan 27k 200 2% Jan 3% Feb 182% 183 % 250 176% Jan 2% 183 75 93 97 106 % 108 97 34 y4 Jan 183% Mar Jan 38 ~5% 300 Jan 63/4 Feb 14 14 Va 600 13% Mar 15% Jan 32% ~5% 337k 350 31% Jan 97 Feb 5% 33% 60 99% 101 101 5 357k Mar 104 Jan % Mar Apr ft Rights w i Mt Verncn-Woodbury Muter • * 10c 13 10% 26 10% Monongahela Power Co— 4.40% cumulative preferred 100 4.80% cumulative pfd series B—100 Monroe Loan Society com class A—1 Montgomery Ward 8c Co class A Jan 700 • Molybdenum Corp 24 2]g Mar 3% 20%2 2 pfd—100 Monogram Pictures common - 23% "2 50 convertible preferred Mining Corp of Canada.. Minnesota Power 8c Light 5% • 1 50c Mid-West Refineries 4%% 9% Mar 50 25 20 shares—* • Oil Co Midwest Miller 2% 50c 10 $2 non-cumulative dividend Mldvale 5 common $1 conv preferred—* Products— Oil Corp Midland ft 874 common —5 * 2.50 24% 200 24 Jan 25% Jan 48 900 32% Jan 48 Apr 700 77k Apr 7% 7% 7% 3*2 8% Jan 14 200 12% Feb 143/k Mar 14% 14,400 10% Jan 14% 13 14% 14% 12 10 50c 7,450 44 46 Va 24% 13 Vi 12% Mar 137k Apr Jan 874 Jan 7k Apr 2 Jan Feb 1.100 1% Jan 28% Apr 30% Mar 6,500 22% . • 21% Apr 2374 Mar 92 % Jan 95 r Mar 500 13 % Feb 18% Jan 5% 5% 200 5% Jan 7% Feb 7B 7k 100 7k Apr iy« Jan 13% — — • — 14 N Nachman Namm's National 13% Corp Inc 7% —1 1 1 common National Fuel Gas Fabrics- National Mallinson National National Pressure Cooker common Radiator Machinery Ltd 3% Jan «% Jac National 27% 820 12% 12,600 87 k 3,100 7% Apr 9 Jan 100 10% Jan 14 Jan 2,800 8% Jan 11 7% 7% 773 1,200 6% Jan 8% Mar National Union 200 2% 'A 17% Apr Mar Jan 37k Jan 3% Jan 19% Feb 8% 10% 26% Apr 32% Feb 9% 12 10% 363/4 Mar 10% 13 Jan Mar Jan 9 900 8 Mar 9% Jan 7 7 7 200 6% Jan 7% Jan 17% Jan "4 1,200 2% Jan "3% Neptune Meter commonNestle Le Mur Co common New 95% & 3% Mar 8V2 4y8 Radio Tel 7 Va 12 32 England 6,300 35% Mar Transit common 200 Feb Jan 12% Car Steel 6,700 3% Jan 4% 4 26% /■ 9 Co 5% 278 Jan 27 Ya Mfg 8c Stores common 4 3% 4 3% 3% ...—1 4% 2%- 200 4 3% 12% preferred Rubber 200 4 common Bellas Hess National Breweries common National Sulphur Co (N J)_; 15% Mar Apr 29% 1 common National Jefferson Lake Jan 12 % • * Co (A G) National Jeanette Glass Co common 14 300 & Co class B McWllliams Dredging Oil McClanahan Feb 500 12% "lVs "1% McKee 9% 15 12% — 12% Mar 8,700 29% 23% 22% 1,400 % ,1% • 5,500 3% 12 Co— Air Chute Italian Superpower 8 ft 100 Irving 2,400 3% 8 Va 11% * wd Light com 84 12 III Royalty Illinois G & E 15 % 81% 98% Jan convertible preferred 5% Jan 14% 12% * I10 International Safety Razor B— 14%. 84 -50 * Registered shares International Products Iowa «-3 —— 14% Machinery Hydro-Electric— series Preferred $3.50 ■ .' 100% Cigar International Investors 3^ * —1 10 Massey Harris common. H Hall Lamp Co Hamilton Bridge 8% " • —• Marlon Power Shovel— Jim Jan 9% 500 Kimberly-Clark Corp— 6% 800 .2 — 6% Georgia Power $6 preferred $5 prsierred J. Iron 11% 250 Jan 1% Mar 400 1,500 7 — v Gerity-Mich Corp Hoe 100 10% Jan 3% J21 ' Mar Jan 4% •• Plywood Corp common_____50c Public 7 7 1 General Great Jan 93% 200 V/a 3% — i, General Grand 16% Jan Feb Feb 117 Jan 12% ~ 12 —5 6% Mar £1 1 10 Fireproofing common.; Outdoor Adv 6% pfd General Gobel Jan 23 _• 100 dep rets ord reg Finance Corp common preferred series A Glen 15 V« 91 5 3Vs ' 100 ft. 7% Jan Feb 15% Electric Co Ltd— Amer 5% 16'/8 __ . 4% 1% IV2 3% * Supply Corp com—1 preferred 25 General • __ ... Alloys Co_ General __ %% 400 13% 13% 10 Co common (Walter) & Co.. Knott 16y» ,. — 100 preferred High *114% Kennedy's Inc Key 51,000 6 20% 20 20 — Kobacker Stores Gatineau Low pfd— Kawneer Co Kleinert G ,:t Range Since January 1 High K Kldde Jan ef Prices Low Jan Feb Sales for Week < Shares Range Pit Jan 76 Ford Motor Co Ltd— American deposit Last Sale Price New York Curb Exchange High Feb "\,v ' • LOW *61% - ^Week's Thursday STOCKS— 68 % 2Va EXCHANGE Range Since January 1 110 •» (1485) \ Shares 33U 6863 , CURB CHRONICLE /range for Week ended april 7 for Week High , FINANCIAL a 1 e a—% . *+ Pire Association (Phlla). & Tel 5% 4 31% 5% 95 4% 20.400 2% Jan 32% 1,100 24% Jan 5'/2 2,100 5% Jan 957k 520 92% Feb 18% Mar 4% Feb 4% Feb 35 % Mar 63/. 97 Feb Jan 23 30 COMMERCIAL THE (1486) FOR WEEK RANGE Thursday East New York Curb Exchange ' - & Park New Process Yorx Cp 4.500 3% 5% 2,600 53 V* 53 8Vb 8 common---—— 54 71 71 7 3% Mar 5% Mar' 49 2.700 7% 59 Apr Apr Jan 9% Jan Feb 1% Jan 1 Va 2,600 25 „ 7 65 76% Feb 7% Jan & Honduras Rosario Merchandise New 8hare 200 7 Feb 200 28 Mar 31 Feb 400 10 Va Apr 13 Jan 19'/* 18% 19'/* 900 17 19% Apr Scovill 17 16% 17% 25,100 15% Jan 17 Va Mar Scullin Steel 12% 12% 12% 600 12 Vb Jan 15 V* Securities 2,500 9% Jan 10% 300 14% Jan 24 % Mar * North North Central Texas Oil 9% 23 Ind Northern 46&/< 46% 3% 500 3Va 3 400 11 43% Jan 102 xlOl '/* 102 Northrop Aircraft Inc 1 8% Novadel-Agene Corp • 15% 8 15% 3% Feb 102% Mar Jan 9 15'/* Mar 800 $5.50 Ohio Brass Co ciass b common.. Ohio Power 4%% United Oliver filters Inc — 43% 113% 100 41'/* Jan 111% Feb Sentry 32 34 12% 12% 2,500 Feb 37% Jan Apr 11% Jan 13'/* Jan 17 16% 1 Securities Jan 32 Jan 18 Feb 700 16% Apr 18% Feb 400 9% Jan 10% 11% 17 11% . 1% Jan 1 ,, ■ 2'/* 26 27 17% 15% 1% Feb 2 % Mar 2% Jan 3 Va 2 Vb Feb 1,500 25% Jan 28% Feb 6,300 13 % Jan 18 Aor 1,800 IV* Jan 15% 2% 16'/a 16% 1% ... 500 1% 24,200 1% . 12,600 3Va Jan 2,200 22 % Jan 27% Mar 250 84% Jan 92 94% 50 88% Jan 95% Mar 4% 4% 500 3% Jan 4% Mar 7% 4.700 Jan 1% 1,900 3% % Jan 12% 200 11% Apr 6% 1 11% Gas & Electric 6% 5%% 1st pfd—25 1st pieferred 33% 30'% 34% Jan 31% Jan 34 Mar 31 Mar 9% Feb 2% Feb 3'/* 600 20% Feb 22% 22% 22 22% 1,100 20'/* Jan 23'/* Jan 64 % — 62% 64% 1,800 61'/* Mar 69 Va Jan 109% Feb 3 .100 —.——. 107% 17% 600 17% Mar _3% _3 Vb _3'/* Jan 18% 500 30 30 — $3 convertible preferred (Howard) 1st preferred 25 30% 29% 400 29% redeemable 1st preferred-redeemable 1st pfd series A.., 25 28'% 28% 28% 400 28 Mar 29% Feb 5% 1 28% 28% 28% 1,900 28 Jan 29% Feb Boss • 105 % 105% 105'% 50 103 Jan 106% Feb ttourh coast 102 102 25 Jan 104 Jan South Penn Southwest Pacific Lighting $4.50 preferred— Pacific Power & Pacific Public Service Light 5% pfd 100 Oil (C A) Panatapec Oil (C A) Paramount Motors Parker Pen :ioo 5% 309 200 5% 28 2,100 311% 303 ~ ~ 430 1 Co r Corp—— Pennroad Penn Corp Gas Penn & 14,800 2% Feb 3 Jan 4.88% 5 5% 39,800 5 Apr 7% Jan Feb 23 V« 24'/* 2 & Light 4%% A 4% x22 % 4% pfd 100 600 3% 11% •'// 11% 4% 48% 26»/« Mar Otuiii-mtyei 29% Standard 10% Jan 11% Mar 2% Feb 100 850 3'% 800 55 55 % 11% % 22% 12 % 12 22-% 600 4% 300 3 Va % common——50c . • . 200 4% Pepperell Manufacturing Co (Mass)—20 Periect Circle Corp —2.50 lu 4o0 — 4% , 5 Feb Jan Pioneer Gold 1 Apr 10.»% o .a Standard Jan Jan Standard 2% Jan 3% Jan t.ttiiuuiU 35j 53% Jan 59% Feb Standard 200 25% 11 Jan 12 % Mar 17 2% 1,500 1% 11.000 17% j.V 2% l Jan 6 Jan 25% Apr 4,700 2i« Mar Stan etc ' 58% 330 55 Jan 60 Vb Mar 24% 1,409 18% Jan 25 Mar 3% 400 3% Jan 4 Jan Pneumatic Scale 18 Jan 18 Mat- Powdrell & Alexander common.—.2.50 Power 6% Corp of Canada Pressed of Service IV* % $5 of 150 6% 14'/* 33 Va 100 Jan 7% Jan 15% Mar 33 8troock Sun Mar Jan 36 12 400 9% Jan 2.600 11% Jan 12% Mar 15% Mar 1% 1% 3,400 7% 7% 200 1% 7 Jan & 105 % 105% 100 (S) • 108% 103% 100 107% 108% Jan 105% Mar 825 13% 99% 1,200 5 — 1q „ Jan 103% Apr 14% Feb 18% Apr 11 % Mar 18 • common 12% Jan 7 800 Jan 8 Apr 107% 105% 107% 8yo 98 Jan 109% Feb 157 .100 157 157 V* 120 154 Jan 159 Jan 14% 50 14'% ...10 A— Packing Co common— Raymond Concrete Pile common convertible preferred.. Manufacturing ... — ? Co & Tool rvrio' Swan Finch Tampa 23% 23% 13% Mai- 27 ■ — 14% Feb — 56 £6 Radiator.— 3% 3% Jan 4% % Jan 1 VB 9 % Jan 13 Mar Mar 22 Feb 3,500 12'/*;, 20 V 19 800 21% Apr Feb Jan 2% 300 2% Mar 17% 17% 750 17 Va Mar 18 Va Feb 9% 9% 400 Jan 10 V2 Jan 36% 37 V* 300 34% Jan 37% Mar 6% 7% 20,200 3% Jan 6% 3% Jan * • ( 6% mm-.' 9 200 167% 167% 10 • •/- 7% 77a 5% G% 2% 27a 400 . 3% 8% Mar 7% Mar 173 Jan 155 6,3 Oo Mar 6% Jan 7% Apr 4'A Feb 6% Apr Jan 3 2% Mar 6% Mar 5% 6% 2,600 17% 17 V* 17% 300 4 V* Jan 16% Mar 17% 24 24 50 22 % Mar 25 11% .. 11'% 100 11V8 Jan 12 '/* Jan 7% 7% 200 7% Feb 8'/* Jan 1 Va Jan • • — — 1 l'/a mis 14 V* 2% 13% .',;' • 300 ' 5% Mar 18 Va Jan V 2Va Mar 3% Jan Feb 19'/* Jan 150 2% 15 13 16% Jan Feb 5 300 4% Jan 6 Jan 21 125 20% Jan 24 Jan 900 2'/* Jan 3 Va 8% Jan 9 V* Mar 2% 2% __ 16'/* 450 14%, V 5 21 m~i Co Jan 18 % 2% 18 * Corp Jan Jan / 14'/* ' "25c Inc... ' Apr Jan * j. * common Cement, % 3% 225 3,400 4% 17% . 5.900 l'/a 4'/* 17% I. /-'• __ Electric lucw • co Roofing Feb & Construction Allied Stocks Trust- os 100 ' 700 3% Feb 4 300 % Apr 1% Jan 27'A Jan 32% Mar 23% Jan 26% Feb 3Vb Jan 3% Valley Gas Co— 30% 20 25% 28 2% 33,600 : 30% 26 3 3 600 ■ - ■„ 500 6,000 '' „ 2 V* Mar ■ 1 2% 2% 2 V* 5,100 2 Jan 2% Jan 101 101% 160 98'/* Jan 102% Feb 35 101'/* 36%- 450 25 Jan . 40 Mar Rolls Royce Ltd— American dep receipts for ord Corp 5 Roosevelt Field Inc common 1 Royalite Oil Co Ltd— Ave • common tootnoces common see paee % 7% 300 25% 3.200 10 % 100 Mar 9 Mar 6 Va Jan 22% Mar 9% Mar 10 Jan 8% Mar 25% Aor 8% Jan 10% Mar 9% 12% 71,400 7% Feb 12% Apr x7% x7% 300 x7% Apr 8% Jan 1 5% 5% 5% 1,300 x5% Feb 6% Jan » 1 3i 1,400 10% 7 ■ 12 9% 22% 25 % /— 4 3% 4% 900 3% Mar 5% Jan 11% Feb .1.25 Ryan Aeronautical Co Ryan Consolidated Petroleum Ryerson & Haynes 9% 5 _I.II.Io Rotary Electric Steel Co Corp 9 9% 1 % 9% 9% 14% Feb 18 Jan 900 8% 14 300 12% 120 75 Jan 15 Vb Mar Jan 101 Jan 13% 100 87b 7 % Mar 102 4% —. ' • 33% ' Mar % jii-i. 7b Mar Jan Mar 45 Jan 900 i% Feb 2 Jan 102% 103 ' - ''' '• 5'/* Mar .. 2 100 101% Feb 36 Vb 750 38% 2 • '' '• Jan 36 1037b Mar 1?, % Mar 1 Jan 3 2% 3 2,100 2% Mar 4 Jan 3»/a 3'A 6,500 2% Jan 3% 17% 17% 17% 300 171/2 Mar 19% 11 400 i6 ' * - Feb Feb ' " * Works common 1 • —w V'. "■ ' preferred. ^ ■ 20% Jan 8% Mar 26 11% 11% 1.700 Jan 12% Mar 13% 13% 200 ll'/a Mar 14 '/a Mar 1,600 2'A Mar 11% -- 1 > U Ulen Realization 10% 1,200 7% Jan Corp Union Investment Oil Co of 1 Stock United Co United ! Amer United 16% 1,500 Jan 12% Jan Jan 8'A Mar 75 98% Mar 68 % 20 6d 4'/* 3.7G0 7,200 99% 100 63 4'/* Va' 3 - Co * Jan 100% 70 4% Jan 51'/* 4b is« Feb Feb Mar 2% Mar Apr Jan A Jan Jan Jan 42% 27% Apr 29 Vb Mar .7 ...7 23% 3 V. , deposit rets RP Jan 3 Va 16% Mar 33 — i Molasses N.I 15% * common 27% 3fi 27.600 23% *} «4 284.700 ■ participating preferred United 100 100 common__50c common United Milk Products 75c ' 7 V* 16% warrants Ex-rights w 1 'b Feb % * Omaha of United Elastic Corp United Light & Railways. Right- 3 .2% 4 Products Chemicals Corp 3 California— Yards Aircraft 5 • $3.75 preferred series A Union }% 10c ,4 Unexcelled Chemical Corp..! Union Gas of Canada United reg._£l common Jan 16 Jan Feb 3 V* 1 warrants convertible Union t c_„ Feb 11% 16 Jan 1 13% 100 450 Feb 3 % 100 13 77b 100 1 Corp LamD Jan Feb % IZIi preferred True Temper Corp Trunz Inc 80c Feb Apr 122% 17 8 'A 20 Mining of Nevada.. Time-Sol 353'* 26Va Feb 13 70c Lux 14% Jan Jan 119 £1 Todd Shipyard Corp common Toklan Royalty Corp. 4 V*% —— l.M— Amer deposit rets ord registered Amer deposit rets aei registered Edison 35,100 ' 16% 1 • C" 33 16% 900 26% 14% ',' 5 25c 1 Security 35% 35 x24% ; 5 Inc Inc & 26'A preferred.100 common Markets 35% ♦ common wmninn Light 7% Corporation common Thorofare Tilo & Suovei Thor Co Jnc 5 V* Mar .—5 ___ 58 9% 3 % * 55% Mar Feb 1 ,. Jan Jan 4 Tb Rochester Gas & Elec 4% ..100 pfd F—• Roeser & Pendleton Inc common ; for 2% Mar 700 11 - Feb 4 9% 4% * 28 27 6V'8 3% ; 4% 1 Engineering Jan Jan 50 9 V* -6.25 Rice-Stix Inc.— 1% Mar 24% 2a% 800 -Is % Jan .Tan 600 25 % ■ 1% 24 % 50 25% • Jan 21 400 27 • 25% ... 600 1 % 1% 10 common- (Robert) & Co.— Russeks Fifth Jan 100 300 % 5% nip Oil Texas Power Trans 1 * Reading Tube Corp class A Regal Shoe Co Electric & 23% 1 Rath (The) Jan 2% 7% .... Tri-Continental Railway & Light SecuritiesVoting common Railway & Utility Investment Rowe ■ 7 •' » ordinary Corp Portland Tonopah Cable 17 7 8 10% Mar R Rome Mar 2% 1 Ray Drug common Superior Jan Jan 4% 6'A B Feb 35 % 1 Toledo v 16 •' ■ T»>fbnifo|or " Quaker Oats common.—. 6% preferred. Quebec Power Co... (Texas Corp) 100 "OO Co^p Inc Tobago Rio Grande Feb 16% 4% Feb 32% "III Co Co common Tishman Realty Richmond 4'/a 100 .. common Tobacco Reliance 27% Jan 200 7% Mar Jan Light— prior preferred Pyrene Manufacturing Reis 26'% 33 Va Mar 31 Vt Mar Colorado— Power Puget 8ound Pulp & Timber Pyle-National Co common.. $3 Jan 29 Jan 1% M*r Mar 9% * cumulative preferred Raytheon 1.700 4% 29% 34 _ Corp. (Hugo) Jan 15% 27 Va 4% . 1 common. • __ class Co (J B) ApiMar 14%' • dz Stop & Shop 95 2.700 47% Mar Jan Mar 2% 17% 1 Light B Canada Jan 11% 1% i _ 33 % 5% 15 1 Prosperity Co class B— Providence Gas Puget Sound 1,600 Apr 11% :2.50 America Producers Corp of Nevada——— Public 7% 15% . 3% 95 • Inc common Metals 15 1.100 100 Pratt & Lambert Co Prentice-Hall 6% 6% 15% common......• 1st preferred 14 100 4% 30% 26% 21 20 & Tube of Stinnes 18 Mar 28'/* 31 1 common. Corp • (The) Stetson 3% 46 100 .i 37 V« class (.A) 3% 18 90 Jan Mar 4 % / • • — Sterling Aluminum Products common.l 1 Sterling Brewers Inc 1 ^Sterling Engine Co .1 Sterling Inc 23% ___.10 22 600 4% I: lj . Steir 57% —__25c Corp . Feb 3% common Jan 16% —1 Jan 24% Mining Co.—.—— Feb 14 23% . 2(3 57% Polaris Jan 34 "_2l7a 2 Vb 17% Mai- Apr 4 28% x29% 30% • Products Co Pittsburgh & Lake Erie——50 Pittsburgh Metallurgical common. 5 Pleasant Valley Wine CO————« 1 Jan Jan 9 % Feb 32% 5 class A Co Standard-Thomson 17 1% Mar % 4% 60 46% 46'/* 27 VB Corp Power Standard 1% 14% Feb Jan 25% X32V* - „ 5 _• preferred 17% 1 Jan Jan 3 28% _ uii $7 1 1%, 46% • * Forgings Common —2 common 20 25 /•onT/orHhlp Jan 24% Mar Jan CO Mar % 4% Mar 800 19 •1 Dredging 5'/* 40% Steel Mines Ltd Piper Aircraft Corp Pitney-Bowes Inc— 241 1,800 19 111c Brewing Standard Pierce Governor common Pinchin Johnson Ltd Amer shares. 27 '/* picitiicu Standard Cap & Seal common convertible preierrea - Jan 17% 26% * 27 25 Corp conv Spencer Shoe Fob 36 700 Jan 15% ' Speed Queen Jan 4% 3% 10 <^n ftovaltv Jan 36% 26 3 Jan 32 V* >■ JIUlBwu cumulative 4,400 5 108% 109% 36% a — 4% Mar Feb 4 yf-zo 9,000 11% 4% 5 109% '1 • Philadelphia Co common. Phillips Packing Co ; Sum numd 8% Mar * 1,000 Southern Pipe Line 29 1 Rubber Jan Jan % 2% 2% Feb 50,600 25 Jan * w .. 13% 4% convertible preference 12 7,200 8% 4.48% 27% Mar Jan 3% —25 57 Jan 325 Jan 8% 4.56% Feb 7 32'/* 4% cumulative preferred convertible preference 24% .2.50 (The) Feb Jan Jan Jan 269 • 8% 12.50 Line Pipe —z~ A" 15% 13% I common Apr 10 % 45 '10 Pa 44% Mar l • com Co.— & 500 * — class Traffic Tire 350 10% 45 25 —— Water & Power Co Pharis 24'/* 10% 45 17 Oil 1 —— 1 common Cuiliuu.ia 2% Feb Corp 15'A 11 1 . common original preferred 2% • _ common-- Penn Boys f>'"r preferred—25 Penn Pep Jan 2% 1 —; Electric Power Jan 41% 16% 5 cumulative 25 Jan 1 a cumulative preferred $1.32 Feb 5'/* Peninsular Telephone common--— $1 Jan Co.. Manufacturing 3OV4 Mar 5% 2% • Paper Mills Corp Manufacturing 24% • Amer shares— Ltd—; 15% jailor 39 Vb • Co Co 14% Mar t c v Parkersburg Rig & Reel Patchogue Plymouth Mills Patican 98 V? common——* $1.30 1st preferred-;.———; Page-Hersey Tubes common Pancoastal 102 Jan Feb 4% Mar 3'/a Mar * Sonotone 25 5% < Ltd— Co Mnnuiar.turinc Smith 5% 19% Mar Jan Jan 18'/* 17 Publications— Simmons-Boardman 5% Jan 18% 17 of America class A Aircraft Jan Jan 15% Canada Co common Solar 10% Mar 800 37'/* Mar 300 37 33 —25 : 1,800 36% 37 Jan Feb % Mar 12% Mar 21% 2% —25 Ltd 9 Vb 1 Feb Mar 2 l'/a 5 common of 3% U'/4 Mar — __£1 Pacific 7% Jan 92 11% Mining Singer 5 common Jan 27% 1 Vb Pattern common Ltd class B Singer Manuiactunng Co Co 1% 14 Va Mar ~3% 7'/* Simpson's Can Jan 17 Jan l'/a Mar 26% 4% —* common.. Breweries 2% Mar 94% Inc Denn Feb 2% Mar 90 1% 3% 27% Simplicity Pacific v Apr 5,500 Va' 18 stock preferred Silex 100 2% certificates She» win-Williams Sick's 2% 1 2,600 13 Leather 4%, 6 1,100 V 3% 1 Saiety Control Corp class B Shoe Corp l'/a 2 3'/a 2% common Sherwin-Williams 11 % Mar 150 1 — 45 114% Mar Sentinel Radio Corp common Serrick 1% Mar Apr 75 O'okiep Copper Co Ltd Amer shares Overseas % 50 12% • B 500 43% 33 -15 class — 1 % 113% 114% —* preferred- Oklahoma Natural Gas— Omar % Jan 27 Shawinigan Water & Power Sheiler Mig Co 50c ... 8% 2 General— B) (R Shattuck — Mar ~3% stock prior Allotment Semler Be ton Ogden Corp common 3,000 6 Inc Convertible Jan 0 Apr 6'/* Industries Inc common— Selected Apr 18% 13% 30% » Jan 93% Jan Jan Co Shoe 26% Mar 10% 23 % Segal Lock & Hardware Jan Mar 6% 12,800 9 15% 101 260 Mar Co Corp Bros Seeman Selby 3% Mar 12% Jan 84% pfd—100 Feb Jan Jan 2% 3,400 i'a 48 Jan 2% 1 10% Mar 1U(J 3% 3% iii Mar 900 —50 4 V.* % Pub Serv 45% 11 —.—-1 RR Co—— Penn n I; 5 — Airlines—. Northeast North 10 22'/* 9/4 -5 5 American Rayon $3 preferred—50 American Utility Securities • Mines Jan 23 % Apr 6,2U0 3,500 common— (Del) Fisher Brick Co & 3,400 13% 30% 1 Vb <D A) Inc common Manufacturing Sayre Corp United Samson Savoy Oil Inc 24% 12% 29 % 6 10% 1 ——5 High 13% Co On Dome 29 Nineteen Hundred Corp common North San Schulte Power common Corp common Low 30% preferred 1st convertible 10 V* Niles-Bement-Pond Nipissing St 23% 24% Joseph Light & Power w d__ Lawrence Corp Ltd common St 28'/* Mar Range Since January 1 High : ... 10 '/b York Shipbuilding Corp— — Pounders shares Niagara •. —1 Yortc York Niagara Hudson • —10 10 Co common Auction New New Shares " Jan Feb for Week oi Prices Low Par " 1 '.8 71 1% Sales Range Sale Price High % Mar 3,900 8'* 1% IV* 1 * * Mining Co. New Low Week's Last .... Exchange New Yoiw Euro Range Since January 1 High 1% i Land Arizona Thursday STOCKS— Shares 11 20 ^5 Zinc Mexico New 1% 7 for Week of Prices 5 EXCHANGE ENDED APRIL Sales Kange , Low Par convertible preferred., 4%% New Jersey New '■ Clock & Watch Co——-1 Haven New Week's , Sale Price Monday, April 10, 1950 CHRONICLE FINANCIAL CURB YORK NEW STOCKS— & 3 tg Apr 7% Mar ■ -- 17% Feb 40 37* Mar Feb Mar 10 Jan 19 Jan Ltd— ord Canal: registered — .100 236 Jan 2423/* Jan Volume Number 4897 171 THE COMMERCIAL YORK NEW RANGE ,Y' Thursday STOCKS-— Profit 10% United Shoe United Air S Foil S and $5 1st U U U S Rubber United 16% 3% .*—200 common &, 1% - 50c 5% 5% 1% 1% - 1% — _lo Jan ■. r 15% Feb --4% Jan ~' 28% 3% A7s with Nov 4 Midland 1 Jan 27% Mar 29% Jan 3% Jan 2% Feb 26% 2,700 23% Jan Pcwer % 1 common preferred Vanadium-Alloys Steel Co l 5 Feb 6% Mar 30 68 Jan 74 % Mar 30 y4 30y4 50 27 Tan Petroleum 5'/a 7,700 4% " Venezuela Syndicate Vogt Manufacturing Inc 2 % 20c 3 2% 13% 3% Mar 1,300 2% 12 3k Jan 13% Apr1 3% Feb 100 5% Jan 13% Mar Aircraft Co • Wagner Baking voting trust ctfs ext preferred 1% Waitt & $2 Bond tWaltham Watch Co. Ward Baking Co Utilities $6 1 Ry Tablet Stationery Weyenberg i 6% and Inc. Shoe (Wm) Oil (The) Williams Willson (R 1 Corp Brothers Co common preferred w 5 7c preferred xw Winnipeg Elec Wisconsin Pwr Feb 4% V Jan iyB Jan 8% 158 Feb " Jan 300 32% Apr (F American 4'/2 7c Lt 5% Feb 18 10,400 2% pfd-^ 7% 3% 3% Feb Jan 13% 4% Apr 22% Mar 9% deposit preference receipts 59 257 April-Oct 150 1973 160% 163% 104% 105% $102% 3%s 1970 (Calif)— „ $107% 110 105% 23 2 105 A6%s coll 5s 1.. „ t t t j 101% $106% 107 % 106% 106% . 3'As 1970 Feb-Aug ——May-No® 1989 & Bros 5s 94% 94% 94 % 3% Jan-July ex 2%s Aug 1940 1 —_April-Oct Y • Feb-Aug Service A7s ex Dec Dec 1 1947 Ltd ■ $30 >103% 103% — - — June-Dec 1956 coupon 1956 coupon 230 Jan Hotel— Feb-Aug $102 104 101% 103 14% income A5s Penn Western Mar 12% . T debentures Traction Newspaper Mar-Sept 1954 1960 5s 93 93 « 10% Feb 13 1 ii 1% Interest 33% 6s Aug 1998 1 106 % 6s conv Union— debentures f s 1959 Jan Jan 1 Foreign Governments and Municipalities Mar 4% Feb 1 % Mar .:'2 Jan v.' •' '• Week's Range Thursday Sale Price "Bid & Asked : or , Thursday Interest Bonds * Y Sold Jan. I NO. High Low 27 Y-Yl 166 105 Va 107% Week's Range Last Period or Sale Price Y .166 — - •' 106 107 Mar-Sept J % 1 166 6 103% 104% Y 2/ lOo 106% 31 108 112 | 94 > lll'/a 112 112 debenture ALima 1st mortgage A 1st Eastern 3s 91% 91% 100% 103% 100% 21 92% Y 91% 158 — 99»/» 100% 99% & Water Ercole Marelli £6%s Nov Nov ex 3%s RR A 1993—. 5s stamped Guartanamo series Mtge 1961 Trunk & A ,—May (coupon 58% 46 46% 4 55% 53 117% 117% 1953. ..May-Nov $57 1953— ..May-Nov 60% 102 "r. $30 103% 117% 1Y : AC %s Power series A6%s «Dec series A73 A7s A7s of May (issue of Oct ' 1 .Mar-Sept 4s 1950 1963— 59% . 61 — — 59% ..Jan-July $99% une-Dec 1958— CO 2 52 $44 42% 103% — £0 de coupon) 42% 5 83% 1955 85 8 10 Y- 41% 43% •No e listed on Odd-lot 81 82 »/2 84 94 4 86 90 90 3 87 9? 94 94 3 86 95% tive; 83 91% "w 76% ———Jan-July 1952 coupon) $30% the daily closing averages Exchange as 92 -■ 86 Averages of representative 20 15 Rail¬ Util¬ roads trials ftockf and bonds Chile (Plan May-Nov 5_ April Q... April 7——— — •14% 23 33 35% 46 Va June-Dec 1931_. 6s 5s 54 (ser 2%s 50% l4:. * 50% 37 45% 5 60 90 4 31 '/a 36 76 18% 24% 31 36 f —. . 90 35% 36 23% 24 Ve 35% Mar-Sept 2008 D E) 32 ,Y stamped reduced . 90 90 June-Dec 1972 A) A B C to $45% (Plan Y 24% Jan-July 1997 A) 2 Jan-July Jan-Ju!y 2% 2% 2% 15 2% 3% June-Dec 2% to Government 2% 2% 2% 7 2y8 3% 2012 6%s 1919 1921 par value, Deferred a transaction delivery transaction (not included in year's range), d Ex-interest, year's range), f Ex-distribution, g Ex-stock dividend, h Ex- included in inot no for cash sales being transacted during current week. flat. Abbreviations used above—"cod," "conv," convertible: i." when issued; deposit; "cons,"consolidated; "cum," cumula¬ "n-v," non-voting stock; "v t c," voting trust certificates; "x w," without warrants. certificates of "M," mortgage; "w w," with warrants; Over-the-Gountor Industrial Stock Average (35 Stocks) Total 65 ities 8tocks 10 « Indus¬ 10 First Second Grade Grade 10 Util¬ Total * Date- Closing , Ralls Rails ities Bonds 42.09 74.43 102.81 106.33 92.28 10">.f5 56.42 42.82 75.22 102-84 106 34 92.55 105.67 101.85 High 36.18 Low April 1—— 4— 56.20 42.79 75.23 102.81 106.45 98.43 145.70 102.09 April 5——— —* 4°.77 75.38 102.78 106.66 93.'8 105.71 302.15 43.20 April 6—J~l— 36.45 56.23 76.03 102.75 106.76 93.53 105 68 102 13 April Closed Friday Good FrJday - 7—T— — ____ 6 4 Range for 1949 36.33 55.80 212.10 Good 36.70 Mar. 35.13 Jan. 36.31 April 101.73 208.'4 36.09 April 3—. trials Range for TflRO 40 55.43 - - 8% $50 $50 209 05 4 Apr* 22 35% 52% ,52% April-Oct 1947 210.34 AprU 7% Compiled by National Quotation Bureau, In«. 206.37 3—1—I- 89 35% compiled by Dowf Jones & Co. 10 30 Indus¬ April 77% 9 IReported In receivership. 95 -Stocks- Apiil 3 $20% 1947— 1927) AEonds being traded 88% 92% 82% 90 the New York Stock Date— 89 principal. a Under-the-rule transaction (not included in year's range), r Transaction (not included in year's range), x Ex-dividend, y Ex-rights, z Ex-liquidating dividend. ■ „..——Feb-Aug 1957 coupon) 1952 are 92% 80 ; June-Dec Denmark reduced Janeiro Interest ARussian 100 104% 45 45 42% June-Dec Stock and Bond Below 53% 79 56 Sec— 1941 1941 46%3 , 62 99% — -- — $104% 105 an-July 1957... F (July / 92%. i May-No® (Republic of)— A5%s 1955 1941 76 71% 92% 1958—Mar-Sept 2008 1927) of of stamped 1%3 to 2%s Rio 59 Bank Bank Interest Peru ' E (Aug series A7s C 3 At tThursday's bid and asked prices; International $51% 92% $8 % stamped 1951 of Bogota— (issue Parana 118% RR— on) * Jan-July stamped 6%s (Plan A7s Bank— Ry 76 71% 76 Z Feb-Aug — A7s 47 42 $102% 103 market Ex-coupon 58% ..Mar-Sept coupon Power 3%s Western £2% —Jan-July — 1956 — Western Mountain __Map-Nov 1993—. coupon 7s AMortgage Co— 1940 1947 ■ Bank Mortgage Mortgage 1965. 5s Mfg 1 1 Residential Finland Grand & Elec A6%s with 6s Fuel Lt ' High — Interest reduced to 2%s 100 y8 RR— series 4s — Division— J Low $75' ' une-Dec „—i— 1952 stamped City (Peru) stamped ■ May-No® Waterways Maranhao AMedellln Jan-July Jan-July 1977 mortgage 4s series B Gas Elmha Green N . 1953 & G%s '• • 1955 166 •" Western 5s Port / Jan. 1 ■ 1947—1978 of External r No. Loan— Municipal 5%s AExternal 103% 104 Va 10 Cons Danzig 106% 100% June-Dec l948__Ja7t-juiy of) Mortgage Bank Valley 7s 1948 ACauca Range Since Sold High 75 Ipril-Oct lan-July 1946 1947- 7s Jan Bonds Thursday's Bid & Asked (Col)- (see Danish 109% 103% 105 " Authority— series v'! High 7s April year Bogota External 104% 104 Va .w'— ' Range Since Mortgage Bank 20-year A20 s 108% 109% $105 —Quar-Feb . 1954 & 97 Apr 7 4,600 ljj Last Period 2%s series A 1970 of 91% 93 Mar 29% Mar 3% Mar • Electric Corp 5s debs Lack 63 62 60 120 100 104% Lackawanna 103% 102% 10 1 257 107% 12% — Delaware 63'A 120 16 108% Co 57 — 107 Jan — Service 16 Y58%- 63 120% 14 Electric 3%s 1964 ...Jan-July Canada 5s series C 1960_Jfcj/-Nov debentures Cities 57% $120 300 Bell Telephone of Transit 58 44 Co— 1940 1 Waldorf-Astoria ^62 — 1969 Electric with 45% 7 Authority— May-Nov revenue United 4 ~ 1953 coupon 46% 46% . Y~46 — 1947 coupon 1953— Aug 1 Bridge & Tunnel Y.46% ■ j.^ 1946—— $107 14% June-Dec revenue 90 June-Dec 800 Low 3%s 96 79 : June-Dec 4% Mar Jan 13% 5s Appalachian Elec Power 3%s 1970--, Chicago 89 % '"62% $88 1966—Y—Apul-Oci truf>t Corp— stamped with A6%s Triborough A 5%s 106% 101% West 33% Thursday Steel 104 $ 101 % 104 Jan-July Washington Water Power 3%s 1964 12% BONDS States 105 Jan 104% Alar New York Curb Exchange Edison 104% 105 105% 106% / 1971—— Hydro-Electric Co— Agricultural Boston 104% 105 $104% 106% April-Oci 109% 108% 105% 105% 106 % 106 % Low Bethlehem 61 104% 105 Feb-Aug BONDS Cential 60% 163 % 163 Vs 1981 New York Curb Exchange City 106% £1 . Hargreaves Atlantic 98% 105% Feb 14% 8 105% 98% 106% 106 % $106 107 April-Oct stamped 1946—— Industrie.1—>•+ i. 2nd Ltd— W) 107% 105% Jan 12 32% — 105% 2 6% Jan 7 12% Mar 33 % 12 106 $98 % 100 65 8% 5% Mar 600 13% 2 common Jan 50 200 100 Inc Jan Feb 500 5% 11 .11 3% —• common & 105% 230 (Hugo)) A7-4s Terni 21% Mar 17 Va ■ ; 28 V2 M*r n 19 '25 8 % 7% 1 106 105% 105% 105% Jan-July B .. Inc 3rd A7-4s Stinnes 175% Mar Feb: 18% Mar 17% 11 103 7 60% Jan 114% . Jan 24% 13 Jan 7% Mar 30 325 1% 6% ,Y 12 Mar 112Va 25 —— Petroleum Wool worth Wright (Hugo) Va 3,150 4% 25 w Industries Wocdlev 6% Corp y.; 19 4% 1 9 106 1960 Corp 3s . Stinnes — 17% • Inc 5^ Woctiall 172 ? Starrett Jan>. Gas Gas 3s Spalding (A G) 27'% 5 & 103 5 Co— 1998 Southwestern Gas & Electric Feb 10 Corp C) Products Wilson Co & 101 % 65 Feb Jan Jan 10 19 — 106 Jan-July 1960 coupon series 3s California motrgage 1% .500 27% — 1 1940 Power M 110% ■6 — 10 Mfg ref .,>11% Apr 114 169 27 % 55% 304% 105 May-No® San Joaquin Lt & Pow 6s B 1952.—>—*-Mar-Sept Southern California Edison 3s 1965 Mar-Sept 3 %s series A 1973— Jan-July Mar : 7% 2% 9% Jan .1% : — 20 1 1947 coupon 1 debentures Feb 5%Y ' 114 __ • com Oct 29,100 1 % — 49 % 105V'4 105 % April-Oct I—, Oct 9y» 100 700 11% 5% — — 1st pfd—100 Coal River Wickes IS • 63 52 63% 65 April-Ocf 1968 1971 Harbor Water Safe A7s Whitman Wichita 7% '■ Jan 109 1% T" 1%: ,Y 10% — 1.25 preferred Maryland Westmoreland 7>/2 Mar "* Western & 1% 300 5% 1 Western Westmoreland 100 7'/a " vtc wi warrants Aircraft Corp Wentworth Manufacturing Texas 1% 1% 11% Warner West 1% „ 1 30 : 3s Southern Counties 7 % -- 100 Inc preferred cum mortgage 3%s Borough Gas & Electric— 6%s series A 1952_^.__ )'• 1st 1% _• 57% Hydro-Electric Co— ex Southern W Waco 98 60 Queens v 1st r High 88 32% Mar 4% • 1,100 73% —5 Venezuelan 6% 73% 11 2101% 102 Feb-Aug 1956 - with s 50-year 6 to Service Electric & Gas Public .J, Corp 1st 1970 A6%s convertible 4% mortgage 3%s A 6 $4 at Lexington 1st mortgage 3s 1964 Jan-July Pennsylvania Water & Power 3%s 1964—JUne-Dec 27 % Mar Jan. 1 Low No. 93% 51 y8 51% Park Piedmont Valspar 1963— Afar-Sept May -Nov 1st Range Since Sold 230 A/ar-Nov Jan-July 1952 coupon 6s Gas Light 4%s 1967 England Power 3%s 1961 Ohio Apr 28% Bonds s High 257 Milwaukee 57 92 % 1952 April-Oct New Jan Low C2% Jan-July 1952 1963—— Feb Feb 300 Thursday Bid & Asked Valley RR— Extended Apr Jan 40 200 1940 1 McCord Corp debentures 4%s Feb Mar 1% or Co— 1940 coupon 1 Superpower 5% •• 3V4 26% Altalian Jan % Hydro-Electric "1% " 1 % Mar 28% 3 26% • common Nov Jan 93 1% Mar 300 with 18% «• >- Jan 700 ' 57 A 7s 2% Mar 3% Mar • -200 Isarco 25 5 Light Jan certificates escrow Jan 13% 1% Week's Range Last Sale Price Power Co— ^Debenture Mar 42 12 4,700 ■ 1V2 56 —10 common Mar 49% _lo Sugar Power 5% l Insurance Products Co 3% Interstate Mar 83% I —- Stores Corp common Consolidated Oil Universal 16 1 6 Jan 23,303 .1,300 iey8 Thursday Interest Period » Jan 40% 9jJ 2% Y,/ > High 43% Mar warrants——• Universal Utah 12% 1% • 7 New York Curb Exchange Jan % 5 23 12Va Reclaiming Co___ Utah-Idaho 3,575 2% 1 Universal 43% 42 12% Securities with 50 1 B International preferred 400 10c common class Co IS 5% 42 ■— APRIL BONDS Lot® 31 EXCHANGE ENDED Range Since January 1 High 43% 43% 25 Conditioning Corp.—_ Radiator S U 25 common — (1487) 1 % __ CHRONICLE * Shares 5% — 10 _ Specialties S 25c common Machinery Pre. erred U Sharing preferred Low CURB WEEK FOR for Week of Prices Par FINANCIAL Sales Range Sale Price v" United Week's Last i New York Curb Exchange & / High Low —- 35.20 Dec. 31 27.79 Jun. 14. ■/«. 32 COMMERCIAL THE (1488) Transactions at the New York Stock and Miscel. Week Ended Apr. 7,1950 1,574,070 3,200,000 4,023,000 . — ..— 334,000 7,700,538 Total w Jan. 1 to 7 10,000 14,000 3,000 1,000; 159,000, 71,000 $2,000 $30,000 177,000 33,300,060 2,281,926 $467,000 $38,000 $120,000 14,357,000 273,364,400 $625,000 $16,897,100 $306,939,060 Jan. 1 to 1949 1950 1,252,060 Apr. 7 1949 23,135,604 15,536,780' Bonds 193,366,300 $20,021,900 1950 2,281,926 ' Pomestlo 26,514,650 18,580,900 Total 99,000 253,000 Good Friday ' 596,000 2,510,100 $220,759,450 Industrial 110,000 23,000 Week Ended Apr. 7 1,439,000 St 14,000 16,000 618,985 $282,500 $98,200 U. 8. Government Railroad 110,000 86.U00 93,000 82,000 Stocks—No. of shares. Foreign $53,000 Apr. 7 Bonds International Bank $1,000 500,290 62,796,904 124,093,930 4,807,395 $5,000 '567,991 1949 1950 1949 1950 Total $47,000 $20,021,900 $2,000 7,700,538 Corporate 399,855 Wednesday Thursday Friday Total Stocks—No. of shares Foreign Government 194,805 ' Value) Foreign Domestic Shares) : Saturday Monday Tuesday 3,534,000 Week Ended Apr. Bonds (Par of 4,389,000 $1,439,000, $18,580,900 '• Week Ended Apr. 7,1950 Good Friday _ / (Number 5,450,900 $2,000 360,000 — Friday •" 4.975.000 347,000 Exchange Stocks ' $1,673,000 1950 **- Sales 313,000 5,101,900 1,427,580 2,003,220 —— Wednesday Thursday 4,662,000 2,012,568 **<• Bond Bonds Monday, April 10, Daily, Weekly and Yearly "i Total $79,000 $1,594,000 683,100 Saturday Monday Tuesday Bonds Bonds Shares United States Government Bonds Foreign CHRONICLE Transactions at the New York Curb ■ int'l Bank Railroad Stocks FINANCIAL Exchange Daily, Weekly and Yearly number of & $467,000, $738,000 106,000 $10,280,000 $10,828,000 120.000 50,000 5,282,000 829,000 2,417,000 38,000 $625,000 $894,000 $16,391,000 $13,904,000 Foreign government. Foreign corporate Total ; 659,000 OTHER STOCK EXCHANGES RANGE FOR WEEK ENBED APRIL 7 .^Thursday Doston Slock Exchange Thursday STOCKS Sale Price v Par American Agricultural Chemical——• American Sugar Refining 100 American Tel ft Tel 100 American ——• Woolen Anaconda-Copper -50 — Sales Week's Range Last Low 41% / Unlisted Range Since Janfcary 1 Shares , Low High 41% 47% 41% ■ 50% Mar 23% 130 21% Feb 32 Jan 28 28% 12 2,672 22% — 47% 153% 155% __ 155 29%. 560 27% Mar 31% Jau 38%l Jan 146% • pfd——100 ....100 116 115 10 Chesapeake ft Ohio.. Cities Service 114 Mar 120 50 100 Boston ft Maine 107 14% 117 50 Feb Day Power ft Light 14% Jan 14% Apr General Electric Motors 14% 100 100 100 Boston Personal Prop Trust • 100 Boston & Providence RR 2% 33 5 20% 75% ■». 37 5% — 78 33 955 620 5% New 2% Apr 1%. Feb 12 2%, 37 Ohio Range 175 19% Jan 22 Jan 80 Mar 3% 4% 134 73% 71% 74% 668 12% 12% 12% 58 Packard 4% 66% Feb Pure Jan 78% 3% Mar 6% 5% preferred adjustment 100 100 Jan 63 22%, Employers Group Assoc • 37 75% National Stores—........ Motor 65 74% 25 66% Feb 78% Jan 13% 823 11% Feb 13% Apr 8% 9% 177 8 •; Mar 9% Apr Jan 33% 59 130% Jan 35%, 185 34% Apr 46% 105 ""41 % Jan 47% Mar 80% 77% 80% 561 68% Jan 80 % Apr 11% Jan: 14% Apr 32 Jan 33% Radio 38 160 76% 34% Mar 38 % Feb 29% 3% 3% 135 66% « 4 34% Mar 26% Mar 29% ; Co 15 Standard Oil Oil Apr 4% Apr Jan 17% 9 16% Jan 18 29 % 29% 180 26% Feb, 31% Mar 19% Mar Mar 18% 19 470 12% Jan. 16% 17% 171 16 Feb 13% 13% 50 11% Jan 13% Mar 23 18% __ 5 „ 3% 17% __ - • ' Standard 40% Mar Timken Jan 76% U Apr % 13% - 23'% 95 21% Jan 24 ye Mar , R * (N J) • 17% Mar 25 69% 69 69% 203 66 Jan 69% Jan 10 27% 27% 28 130 25% Jan 28 Apr • (Ohio) 34% 34% 34% 33% Mar 36 Jan • B S Steel ; , (newK- > 32 31 34 12.50 34 191 32 270 25% Jan 32% Mar 34% - 400 30% Jan 34 % Mar 47% Mar 46 47 37 49% 38% 351 33% Jan 39% Mar 51% 460 49% Apr 55% Jan 25 16 16 8 15 Jan 16% Feb 1—* preferred—100 78 78 100 78 Apr 85% 88% 155 70% Jan 80y4 Mar 89 % Mar 50% 52% 100 47% Jan 54.% Mar 9. 275 7%, Jan 9% Mar * 51% Corp 5% 24 205 Feb Jan x36 270 ' 50 Corp Jan 75 Feb 46% Theatre RR 14% 34% 28% 29% • 24% Apr 21% Jan 25 180 2J2%. —' Co Copper Cement 1474 34% > ._ • ... Oil 41% 63 36% 115 37 87 41 2,075 Jan Mathleaon Chemical Corp • Narragansett Racing Ass'n 1 8% 8% Nash-Kelvinator 5 19% 18% 19% 717 16% Mar 19% 16c 200 16c 30c 1* Watling, Lerchen A Co, Apr 16c Jan National I 73% 13% . 34% Brands 64% • Safety Razor Central 30% __ Car Standard Apr • General Electric., Maine 33% Mar Apr • Westinghouse Electric Lone Star 26%. Jan 28 46% 8 Feb ,Jan 57 25 37 22 37 74% — •» Boston 658 275 __ • Southern 57 57 57 63% Eastern SS Lines Inc. Loeutfs 33% 28'% 13% Mar 12%Mar Ry— 100 Olllette 31% 28 Jan 66 4% 1st preferred series A preferred class B Kennecott Mar 46% Oil 465 * Co Eastern Mass Street First 36 11%. Apr, 155% Mar 10 Socony Vacuum' 6% Jan 33% 7 Edison Ohio 20% 10 Service Copper Jan 146% • Pennsylvania RR Cities , JJ York Central Jan 5%, Apr 39 %. Apr 4% Mar 80 —5 Hecla ft 9% 76 Railroad- prior preferred cl A 1st pfd stamped Calumet 80 25 Mar Jan 45% Jan Federated Dep't stores.. Common stamped 5% 14% : 33% Mar 33% 11% 33% 154% 155%; 13% 1 945 48% High 91/4 • Curtiss-Wright Feb Railway- Stamped 7% x46% Low 74% 10 General 46% Range Since January 1 28% ; , 25 J 2,378 114 % 116 ._ 25 Boston Edison Boston Elevated Shares 155% Mar Jan 40 116 Sales fer Week < High 11% __ 154% 100 Columbia Gag .-J-I Bigelow-Sanford Carpet 6% Boston & Albany RR Low 33% 1 American Telephone ft Telegraph Armco Steel Jan of Prices ^ Allied Stores American Airlines High 45 40% Feb 30 Stocks—/•>-, , Range.; ** Par for Week of Prices Week's Last -J5ale Price — Service New England Electric New 1 Cos.. __ 20 N Y New Haven ft Hartford 12% 12%, 12% 100 System England Tel ft Tel. 95% 94% .r 9% 95% 100 North Butte Mining Pennsylvania RR Quincy Mining Co < — 2.50 50 — 10%. Jan 700 150 96"% 7% Feb Jan / 10 Feb Jan, 70c Jan —' 30c 30c 500 29c 17 17 17% 927 16%. Jan 3% 3% 3% 69 3% Mar 4% ' 5% 5% 25 5% Feb s . New. York Curb Exchange Midwest Exchange Stock Exchange.! - Ford #■ Building DETROIT „ Telephone: WOodward 2-5525 18% Mar 25 Drug Co Stone ft Webster Inc. $tock Exchange Detroit Stock Jan 2.50 —. Rexall Members New York »Aa)ej 13%. Mar 92% 1,208 9% Mar 6% Jan Jan 22% 22% 22% 121 itorrington Co • .. 33% 34%. 105 20%: Jap. 31% Mar 36% Jan Union Twist Drill 5 23 23 23 113 22% Feb 25 Jan United-Carr Fastener Corp.. United Fruit Ce * 27"% 26 27% 250 26. Apr' 27% Apr 23% Mar Ak.%' United 6%. U 8 • common preferred Rubber Co__ 59% 58% 59% 2,349. 25 43% 43Vs 43% 650 25 Shoe Machinery 42 42 42%, 42% 41% 43% ..10 Vermont ft Mass Ry Co.. Waldorf. System Inc Wastlnghouse Electric 100 • 12.50, Corp 14 34% 61% Mar-3^ 43% Mar 49% Jan^ 50 40% Jan 42 '/a Apr 37% Jan 44% Mar 10 115 120 Jan* Mar 105; 13% Feb 30% Jan, 35 Thursday stocks . J Par " Allen Electric Altes Mar 15% 1 12% „1 STOCKS Last > Range Sale Price Par American Laundry Mach 20 19 .1 Balcrank of Prices Low __ Shares 19%, 2% Low 135 . 2%, Baldwin 8 16% 17 % Burger. Brewipg Champion Paper • • 18 4 18 Cincinnati Gas & Electric common_8% Preferred 100 32% 33 33% 47 33% Rights wi 60 33% 196 108% 32% 108 .. 237 100 fl 19 2% Apr l-»% N O ft T P Cincinnati 20 Cincinnati Dow Union 32% 30% 10. Insulation 18 Feb 34% Feb 35 Jan 108% ——___— 10 •• common Preferred ft G new 6a • • common For footnotes see page 41. . Detroit Feb Federal Mar Wood 86c Jan 572 63% Feb 67% Mar 20% 429 20 Jan 20% 348 33% Jan 7% 7% 1,055 7 Apf Feb 6% ' 25 100 24. 4% Jan Feb 12% 12% Apr 46 20 46, 63% 65 197 15% 15% 110 61% 2,569 290 100 18 18 2% " 13 5%. 80 3%, 10% Feb 35% MarJ Jan 7% Apr Feb Jan Electric Mar _» —Il Hudson Motor Car * 10%. Apr,; 18 Apr 19 Feb 2% 30c 4% Jan Jan Jan 2% Mar 44c 5% Jan Jan 3,248 70 Jan 495 3 Apr 4% Jan 11% Feb 78 Feb 260 9 3A Mar 555 2 Jan 2% Feb 4% 4% 345 4% Mar 6% Feb 13% 556 13 13 % Jan 12% Mar 135 12% Apr 348 3% Feb 4% Jan 14% 376 13% Feb 15% Jan 4% 120 4 Feb 4% Jan 3% Mar 3% Feb 3% 4 14 Jan 3% 500 1% 1,000 1% 905 1% 1% 500 1% Jan 2 Feb l ^ 5% 4% 5% 200 33/4 Feb 5% Apr 1 iy4 1% 1% 970 1%-Feb 1% Jan Jan Masco 61% Apr McAleer Jan McClanahan Oil Products— common 23% 1% 16% Manufacturing 7% Feb 1% 15% Screw Jan Feb 23 "l% 59% Jan 225 3% Jan 2 14 T " - 2' Jan 10 80 Jan 8% 23% Mar 3% 5 LaSalle Wines 55% Mar 3 305 7% . *** 1 -12% Hurd. Lock & Mfg " 47" yMar 65% Mar 221 76% 5%,V 100 800 500 6% Jan. Feb Jan 13% —10 Motors 1 Jan 4% 2^4 35c 7% 22" 12% 4% Kinsel Drug Jan 2% 6% - 2 5 Kingston Products 10 6% 1 Lamp Howell 300 3,100 4,715 23% _1 Hoover Ball ft Bearing. 35 25% 8 6% -I Houdaille-Hershey 4%. Jan 6% 23% Mar Feb 25 7% 23% 23% .10 Mar 12% - 35c Motors 60 25 6% 8 1 Industries 65 Feb 25 , 15 % Mar 35% 5 Jan 66 225 66% -10 Brewing Mar 53% 57% Jan, Mar 20% Friars Ale Brewing Hall 44 225 77c 14Ve Jan' 16% Mar^ 12 % Apr Jan 400 205 —1 Mogul Frankenmuth ^ Apt. 19% Jan 31: r Stove Products 15% Mar 20 __ 10 350 80c 66% 5 Gerity-Michlgan Corp Goebel Brewing Graham Paige Motors 10 Jan ^5 65 Steel General 13% 83 46... Jan Jan 6% Jan 35% Jan. Apr 77% 9% 85 42%* - 20% 23% Jan Feb 220: 5% 13% 607 1.040 High 2% 35 % 1 Navigation. 5% 73% 35 —, —61% —-—100 . Low 3% Jan ■ 1 90% , 12% Apr 59% ' Jan 4% Mar 4%*" 4% — 50 8% preferred 33% 59 * _ Kroger Lunkenheimer P 63% 59 79. 154 450 Range Since January 1 ■ 15% 1% Mar 345 9% 15%. ,15% — * 100 Hobart 9% • .... common 12 163 12%;.J2Ys Preferred Kahn „4% 77%" • Art Hatfield 76% 4% 76 ■ 80c Edison Detroit-Michigan 17% Jan Jan % Mar 2,333 90% 50 Eagle Picher Gibson 90% 4% Stockyard common Formica 90% 25 common Streefr Cine ft Sub Bell Tel 121% y • ■ „ Bros Detroit ft Cleveland Detroit 3%. Feb 15%. Jan 103 Davidson High 21% Mar" ' Apr Gar C 6% 15% v. * 150 Range Since January 1 High 19 2% 10 common. Continental Motors for Week - 11% -25 Paper Power 15% High. 15% Corp Consolidated Consumers ~ Shares, 6 IIIIZIZI—2 Chrysler Sales Sales for Week 2% Brewing American Metal Prod.. Exchange • Low 1 — Mfg Burroughs Adding Machine. Week's Range of Prices Last Brown-McLaren Thursday Week's Sale Trice Baldwin Rubber Cincinnati Slock Exchange ; 14% Jan 599. 34% 33 Detroit Stock 53%, Feb/ 265 118 118 13% 14 .. • ~<lZ J an 1% Jan 1%, Apr 1% 1% Jan r' Volume Number 4897 171 THE COMMERCIAL & FINANCIAL OTHER STOCK RANGE -M Thursday STOCKS Week's . Last Micihgan Sugar Stamping Jan 7% Apr Jade 7%« 200 7% Apr 7% Apr 1 "• 100 1 Apr 1 Vs Mar Kalser-Frazer Corp Kansas Power ft Light 3 100 3V2 Apr 4 1 Tfatit&SH ,545 15% Jan 2% Jan 17'A 3%;:«- '.;3%;' — Packard Motor Car 3% * : 17% Feb 3% Mar Peninsular Metal Products 3% Mar 3sMj*T 390 2,/a 2 600 2% Jan 2% 2%^6 420 2 Feb 2% '/a 47/« —..I Company Llbby McNeil ft LIbby (Un) Motors Rickel River Raisin Rudy 12 -1 ~ (H W) & Co .2 12 • 283 11 Va Mar 12 2.%&*»- 800 2% Mar 3 6%*,* 2%*. 100 6V2 i2%*» 1,070 12 Feb 8Y2 8%»- 3% Mar js * ■ Soss -1 Manufacturing 106 16% Jan 173/4 Jan 305 50% Apr 54% Jan 26 26 % 300 7% 1,082 7% 1.25 _1 * 283/4 27% 283/4 15% 15% 327 26 26 26 808 1 ._ 17% 17JA 1 82'/2C 1 2 82%c82y2c l3/4 2 Feb Jan 47 ya Feb Jan 26% Apr 73/a 470 20 Apr 45% 1,100 Aircraft Corp Inc (Un) 13c 23 200 1.20 __ Mar Jan 8ya Map 1.10 Mar 1.40 Angeles Biltmore Hotel Co 24% Jan Jan 29% Feb 16»/a Mar 18% Jan 24% Jan 26% Feb 410 11% Jan 20 325 72%c Jan 95c 2,950 1% Jan Jan 2 Apr Jan 7% 650 12 % 121 .10 _ 7% 1.20 Los Jan 6% 23/4 -5 Manufacturing Scotten-Dillon Jan 10c Petroleum Loew's Apr 2% 2% Paper 4% 10c Jan Lockheed Reo 2,580 5% Co. Lincoln High 6 a,17% a 17% 50% 50(4 46 46% 26'A 1 Low 2,000 Mascot Jan Range Since January I 13c Magnavox Company (Un) 2 Va Mar 1 . 5% a 17% 50% 46 3A Shares High 13c 1 B • B far Week of Prices Low 10c Co Lane-Wells ■ ■ Oil Co (Un) Kennecott Copper Corp (Un) Kern County Land Co Jan 1 I Chemical 1,155 ' '• Park Par High 6% *7%. ._10 common Low 793 Sales Week's Range Last Sale Price 3% 7% l50c Corporation Murray National Thursday STOCKS 7% * common 7 1 .21/2 Abrasive Mid-West 7'/a. APRIL Range Since January 1 High?/" Low 1 __ 13 515 8% Mar 9% 3 .-?&■ 100 2% Feb 3 Jan 23/f& 200 2V2 Feb 3 Company Mfg Co Feb Feb Mar 2% Feb Jan 3 2 3; Oil Menasco Jan , Tube B common ,_1 - Superior Tool & Die Merchants Petroleum Ud.vlite „1 United Shirt United States Wayne Screw Products 9% 9% 100 -1 ... Radiator common- 10% 5 Va 5 \k£ 400 __1 Distributors 10% -1 Corporation 1 1 Va 450 103; . 10 Feb 11% Apr 9% Jan 5% Mar f Apr 1% 80c 3% 3% 100 22 22 220 21% Mar 23 55 55 V2 323 64 V* Jan 58% Feb 18%, 19% a23,/aa231/4 1,420 16% Mar 19% Apr (Un) • _5 Nash-Kelvinator Jan North American Aviation North American Co Los Thursday •> . , • , Admiral 1 . Gold Mining Co Low / 293A 29% 15 High 3V2 ' .1 Low ; 3% High 273/b Mar 3 300 Ohio Ohio Oil 3 V* 3% Mar 90 a33% a34% .. 313/4 Airlines Inc American Power & Lt Radiator Amer 1 (Un)__* __ Co (Un)..* Tel Tel ft American Woolen 12 4 Jan (Un)__* Co (Un) (Un) Co 54 14% Jan v' 155 155 553/4 146 V2 Jan , Jan Anaconda Copper Mining Co Corp (Un) (Un) 30 Steel 29 33% 10 28% 32% ^ 553/4 ; k 28 28% Jan 8 > Jan 111% Mar Mar 258 60 7XA 7% ,—3 104% 50 373/4 303A (Un) 13 Baltimore & Ohio Railroad Co (Un)_100 Bandinl Petroleum Co 1 Barker Bros Corp 5% Jan 12 6% : 18 -- MO Bendix Bendlx Consolidated : Co— Aviation Home Appliances Inc. Bethlehem Steel Corp Mammoth Black Eoeing Bolsa 10 Mar 3% 25,601 250 ,«' 18 Co Oil v _1 Jan 17 5 3A 57/a IB B a593/s RrnnHcroy TV»pt. * Budd Co • 9 14% • 25 "14% (Un) California Packing Corp common Canadian Pacific Ry Co (Un) (Un) Products Corp Tractor Co Certain-teed 13% ! 20 25 y4 18% Jan 21% Jan 22 Apr 6% Jan 9 Apr 4Cc Mar 1 Colorado Fuel 4c iron Corp com Preferred i 75 189 Gas System Edison of 14% Y 13 Jan/ 42% Feb 11 y4 Lighting Corp American Aircraft Motors Creameries of Jan 265/s 115 26% Mar a21% a213/8 75 20% Jan 223A Feb 25 33x/2 313/4 Mar 34% 3% 3% I Pont de 560 61% Jan 68 Mar 533/s 33/4 52 Feb 55 Mar 3% — — 33%c — 25 a38y« ... Bond Electrical ft Share Products Corp Exeter Oil Company Garrett — Regis Schenley Company (Un) Industries (Un)— 153/4 Jan Jan Feb —.87% Jan "76% Jan 3% Mar Finance I Corporation (Un) General Electric Co 43/4 Feb Signal Petroleum Sinclair Oil •>,< ' i '■ ••; Corporation General Foods General Feb 133/4 Apr 4.88% 4% Jan 5 1,395 10% Jan 15 13% 13% 50 • 6j/4 ; 293/4 „_.400 6% 26% > 26% 23'A 24% 2,745 a— Jan Feb Gladding Goodrich (B F) & McBean Co 5% a79% a803/8 /"♦l06 . 16% 16% 70% ' Apr 14 133/8 4 Jan '; Jan Jan 11 18 219 133/8 55c 72% <5 70c a 46% 78 ■ Jan Oil 15% '■'> Jan 10 a853/6 a86% -a52% Great Northern Ry Co Greyhound Hancock Hilton Holly pfd (Un). (Un).. Corp of Calif A Oil Co Hotels Development Co 1 ———6.66% 1 Hupp Corporation Illinois Central RR Co 25c 33%c Imperial Development Co Ltd Independent Exploration Co Intercoast Petroleum Corp Interlake Iron Corp 10% 10% 10 (Un) (Un) International Nickel of Can Papef Co (Un) Int'i Tel & Tel Corp (Un) International For footnotes see page 41. 3 * • 7.50 • 50, 899 116 .281 t? 10- all% all% 1.90 19% 30% Jan 36 % Feb : 2.10 475 7% Mar 250 30% Mar 33% Feb 20% 21% Feb 51 Jan iii a38% a38% 62 4c 6c 10,000 36 6,770 27c 24 16% 36% 38c 24% 17% 35% 353/8 26% 30% 27 30Va a283/8 a29% 6c "36% ' 35c 24% < 353A — 30% a28% ,. ■ : 443,4 Jan 1% Jan 2% Jan 10% Ill 51 Apr 11% Mar 117 Mar Mar 4,900 16c 38c Apr 1,566 22 Jan 24% Apr 969 16 Feb 17% Mar 2,292 34 Ya Jan 36% 672 26% Jan 27% Mar 236 29 V2 Jan 30% Mar Jan 12% Jan 1.55 Feb 420 ■■"'13% Feb 15% Jan 210 9% Jan 11% 4% 405 2 % Jan 80 353/4 Jan 3,000 6c 6c 3c Feb 10% ll'A 2,240 9% Jan 3x/4 3% 3% 12,350 2.10 Jan 75 13% 4% 13% a 13% t Jan Apr Jan 28 3A 113A Jan 13% Mar 53 53 35 54 35V* 420 50% Jan < 54 Apr 35 365 33% Feb 37% Jan —a23 a23 XA 66 21 Jan 233/a Feb Century-Fox Film (Un) Carbon Corp 4c 555 66% Jan 69% 170 21% Jan 69 -4 a223/a a225/8 29% 30% 13% 137% 233/a 23Vz — a37'A a37% — — — 13% / —. .. — .. 69 Aircraft 143/4 Feb Apr 30% 1,251 26% Jan 1,468 103A Jan 13% 310 19% Jan "23% Apr 42 36% Jan 37 Mar 238 60% Feb 65 Apr 121 71% Jan 72 Jan 12% Feb 65 65 a703/4 a7l alO'A al03/8 247/a 25% 30 200 7,042 11% Jan Apr Jan 25 3A Mar 14% Jan 17 Vi Feb 20% Apr 23 17% 16% 17 Va 19% 20'A 543 16% Jan 10 93A 10 390 87/a Jan 10 y* Jan 21% 22% 650 Mar 25x/a Jan — 45 • ' 50 - B 44% 45 599 27% 28 (Un) Corp Feb 22% Mar 20 % (Un).* (Un) Air 27 86 273/4 86 1,330 86 a27% (Un)—.——10 Lines Ino United Paramount Certificates . of Thea United States com interest— United States Rubber Co Steel (Un) Corp— ; 1 10 . — .. 18% (Un)_.l 1 10 • Universal Warner Consolidated Oil Co Bros Pictures — al73A — — 56% 1 B • 12.B0 Inc (Un) Western Union Tel Co (Un)i West Kentucky Coal Co (Un) Willys-Overland Motors Inc (Un) Woolworth (F W) Co (Un)— 296 21 42% Jan 25% Feb 85 Feb Mar 45 273/4 Jan 86 Apr Feb 210 26% Jan 366 a26'/a a27% 27 ya — — 34'A 153/4 a37/a 18% 16%' a3% 18% al7xA al7% al73/a al73/8 *40% a42% 32% 32% i _ 4 1 10 10c al9% . a6 • 14% Jan 16% Feb 3% Jan 4ys Mar 17% Feb 19 Vi Mar 40 350 17% Mar 23 Jan 30 19% Mar 21% Feb 38 383A Jan 43 3A Mar 31,946 25% Jan 32 Va Mar • - 50 58 502 al4% al4% a22 a23 34% 34% 15 55 40% Feb 13 Mar 58 Apr 16% Jan 70 2iy4 Jan 23% Mar 200 • 303/4 Jan 34 Va Mar 10 al93/4 al93/4 a53/4 a6 a50% a50% 10c 11c 22,000 2%c Jan 101 1023A $91,000 1003A Mar 143 10 5% Mar 49% Feb 7 Feb 49%'Feb 16c TMar Jan 60 25% Mar 29 a39 77 38 V* Mar 38% Mar 123% 327 Jan 67 % Mar 443/i Mar 105 66 1 11% Mar 12% 9% Jan Jan 1,249 .. ' a38V2 a25% a253a 61 42% 66% a45% a46% 66% Jap 1 (Un>— Westinghouse Elec Corp (Un) 3% Apr Apr B Western Air & 38% Jan 7%c Jan . , 28% Feb 2.10 Apr Mar 162 29 • United Corporation (Del) (Un) United Gas Corporation (Un) Mar 2,950 11%, a United Feb 42 ya Jan ■ _._< Jtl % Mar Jan 6c 37% Mar Feb 1,909 —1 (Un)— Pacific Railroad Co United 37'A Feb Mar 13 • Union Oil Co of Calif com Union 4c 12% 28 Corporation Carbide Union 35 31% 44% Mar 13 • (Un) Company (Un) Sulphur Co Twentieth Apr 14% 3%: Feb Jan 9 8 31% Jan 25 (Un) Gulf Transamerica 24XA Mar , a__ .. Jan • (Un) (N J) Webster Inc Transcontinental 47% Mar 49% Mar •/- Jan 11 Ya a38% a38% " a39 265 Jan Incorporated common——50c Tidewater Assoc Oil Co (Un) 10 Feb 14 — al3% 6% ^ '44% Apr Feb 51 28 Texas Feb 11% 190 14 Va •/_ (Un)..—;—100 5% Jan 19 1 25 Texas Apr 79% ■■'T 22% 400 __ 12.50 Company Foods, Inc 2 a41 115' B \ 37% 750 31% 13% Jan 69% 105 2% a41 • Corp Hudson Motor Car Hunt a51 a52% :. 2 Mar 55c 4,812 41% Feb Swift ft Company (Utt) 23% Mar 72 %c 40 a41 10% • —3 Jan • (Un) Studebaker Corporation Apr 49% Jan 82, 63A Jan 21% Mar Feb Mar 102 8unray Oil Corp eommon 4Va% preferred class B Jan 307 - Jan 42% • 5% 20% 48c 78% Mar i Goodyear Tire ft Rubber Co eommon—• Graham-Paige Motors Corp (Un) 1 111 2,300 • (Un) Calif of (Ind) Tri-Continental Corp 2,-637 a24% a24 Va a86% 300 5% 21 220 25 — Co Oil Co Standard 22% Ja% ^ 19 Ya Jan 747 79% Jan Mar 25 11% Jan 511 25 Pacific Company Stone & Jan 70 ya Jan 'Jan 425 a47 a50% a51»% v 302 ^<r. 17%' 18% LZ 13 37c 23,265 - 306 303 306 Feb 5% B Standard Oil Co Mar 7% 61% Mar a21% a213/a 9% 27% Mar Jan 20% Jan 34 Jan 72% 402 23% > a65% a65% 44% 44% — 2S Co Standard / 7% Apr Jan 16*% .171 70% * Company 382 4% Feb 8 —, 15 Standard Brands Inc (Un) 9Vi Feb 22 Ya 16% 25 725 4 ' 73/4 70% 19% Mar Apr 25 Southern Railway Company Jan 6% Mar 9% -Mar 30 % Mar Jan .14 preferred Southern 31% Mar 26% 12% Jan 13% 6% Jan a__ 1,410 a22% a22% a51 V2 79% 26% Feb 32% Mar 1,200 •• Jan 215 12 Jan Jan 443/8 • (Un) preferred Jan 15 10 Jan 36% 8% : ; 30 y4 4% (Un) __—• Corp eommon. Motors 50% 333A 50 a65y« —.• ■ 113A 4% a 47 443A Mar 140 7% 25c/ Calif of Co 35 19% Mar 'V 287 • Corp Socony-Vacuum Oil Co Inc 399 27% • 10% 12% 15 17% Mar 754 2 10% a44% a44% a353/4 a38% 29% 29% • (Un) Sierra Trading Corp Signal Oil & Gas Co class A. Feb 13% 73/a 18% Mar 1,600 1 (Del) preferred : Jan 621 5,821 5 Co Seaboard Oil Co of 4.48% • Apr 16% 17% 19 ..1.75 Shell Oil Co Seaboard Jan 6% 21% 24% • Paper Jan a35% a353,4 Feb 173/8 a347/8 a35y4 17 Va 7% Jan Feb 17% 635 835% 17% 1 11 20% 5 Jan 13%. 4% Jan 8 4% 26% • Apr 15 Feb 20% 444% 53A St Mar 15% 665 1 Ltd A 9 7% 4% Corporation Oil 363/4 Mar 313/4 and Merchants Nat'l Eank.100 Farmers 3% Mar 494 173/4 21 40 Jan 21 % 5 Co 56 850 . 8 52y2c 15% , Apr 10 19 Textron Electric 3% 4% BOo Sears Roebuck Sc Company... Mar 15 30% Mar 9%. 1 16% a 13% a80y8 66 .1 14% Mar 21 » 65% 2.50 10% Mar 31% 5 66 1 ,4 Jan 21 —50c z & Co_ Nemours 29% i2 Mar A Mar SI3/, Mar 31% • Inc.'.. Industries Dresser Jan Safeway Stores Inc . Douglas Aircraft Co Inc du 28% Company Oil a30% a3034 1 ; 100 1 591% Mar ;• 1 28% BO Jan Mar 740 Apr 28% X Mfg Co Ranch 50 133A a303/4 i".J '• 30 533/8 (Un) Feb 63% 16% 8% Corporation — 100 283/8:■?■■ (Un)__1 (Un) Feb 14 a32 a32»/2 A 30% 30 y2 • 150 al5 16% 16% 6% 9% r 8,418 6,457 • (Un) (Un) 4.32% a32 Class & Ryan Aeronautical Co Jan 40 ' 4 (Un)—S * 34'% la 30% common Pictures Inc Co Richfield •^ 1 (Un)— America Inc Zellerbach Crown 32'A 5% 21 50c52y2c 403A 44% 5% 5% Rice Feb 6'% 33 230 a713/a a75 Va Curtis Publishing Company (Un) • Curtiss-Wright Corp common (Un)..* " 28%, Jan Jan a29%a293/8 World Airways 12% a64% a67V4- * Corp 34% Mar 1.40 3%c Apr 40 al6% al7>/2 a75'% .* (Un) Consumers Power Co.._ Continental 3.00 Mar 31% Jan 20c a2iy4 Drug Inc.—— Rheem Mar;,: 815 - •• Oil Rexall 35% Apr > Jan _.l (Un) Engineering Corp Consolidated Liquidating Corp. Vultee Jan 89 a293/a Reserve Oil & Gas Company ^r ' 40c 67% / a67% • Consolidated Consolidated 1,550 79,620 10 7% 11 : 14%*.. al7V2 25 (Un) N 38c 3.00 25 Southern Edison Consolidated 31c 2.40 a33% a34% 10 preferred A 56% 1,690 a35% a35% • (Un) Co — 25 50 V 7,092 a38% a38 Va —20 — Commonwealth 2.45 ——* Southern Calif Edison Co Ltd com Columbia 38c 1 Feb . - 9% 143% Apr 173/4 Republic Pictures Corp (Un). Republic Steel Corporation (Un) r/iSL 4% Mar 3,830 v 1 Clary Multiplier Corp 2%c Jan 13% Jan 1,395 Corp of America (Un) • Radio-Keith-Orpheum Corp (Un)—.1 f Feb Feb 31% Jan 595 1 25 (Un) *, 32 107/a '405 Radio Feb Apr Jan 10% Mar •595 a58Ts a59'/2 14% 10 — Cities Service Co 255 9 __ red Pure 7y4 Apr Jan . 35% 12,625 10 Chrysler Corp 285 10 6% 8% 10 1,075 ... a50% a5iy2 ~t Borg-Warner Corp (Un) Caterpillar 133/4 22 Pepsi-Cola Co (Un) Phelps Dodge Corp (Un) Pullman Incorporated (Un)_. h: Feb 12 y» /, Jan 25c .1,300 ) 35% 35% . 3c 3X/2C a273/4 a28% Wf --p.':.. '-*{;///<■/'. ///. (Un) , alO% alO% 35% 3%c - 40c 11% a40%a42% — Corp ,, i " 1. Borden Company 30c 11% 40c 11% a42Va 5 (Un).... • Mining Co_.10c (Un) 5 Cons Airplane Chic a 1 20e 5 * - (Un) Corp 13% 22 (Un) Pennsylvania RR Co Feb 7% Mar 1,100 . 7% 40 ; Basin Qll Apr 14c •, 200 10% 12% 10% 11% — 7% . 10 common Barnhart-Morrow Jan 15 Mar Jan 33% Mar Jan 48 v 7% i" Works 24 Va Jan 9c 8'/a Indemnity Company Pan 9 3A Mar Feb 8% 83/a B Manufacturing Corp (Pn) Locomotive Feb ll3/a 6,950 9 8 Packard Motor Car Co Mar 32% Jan 485 ■ 100 alll% al093/a alll% 25 > a43% a43% a43% Company (111) (Un) Topeka & Santa Fe Ry (Un) Atlantic Refining Co (Un)____ Baldwin 22% 3,637 22 Corp Pacific Feb 155 '' Armour & Atch Avco 74 15 1 — Pacific Apr 713 29 33% Apr Mar Mar /:<• 15% Feb. 22 60 Jan 3 Ya 14c a20 'A a20 % 10 preferred 5% Feb 21 Feb 1,564 155 ; a223/4 a23xA » ll3/4 Jan 133/4 90c (Un).lOO - Rights Paramount Armco 13 3A 1 Pacific Finance Corp of Calif Pacific Gas ft Elec common Jan 35% Mar 20 Va Mar 1,411 /:/'< ■ 18 15% a513/, a513/8 __ .100 93A 1,190 15y2 American Smelt & Refining Co American 11% a201A_a20J/2 12 new San St ft (Un) Co Jan 143/8 ' -• Feb 3 13c — 14% 1 Co Company 60c 31% Mar Feb 5% American 19'A ♦ (Un) Petroleum Edison — • (Un) Railway Co Oceanic Oil Co Range Since January 1 / 204 a3 10 Alleghany Corporation (Un): Allis-Cbalmers Mfg Co (Un) Shares \ . r Occidental for Week of Prices a3 Par t • Corp Juneau Alaska Range 1 Pacific Inq Northrop Aircraft Inc Sales Week's Last Sale Price • . « Northern Angeles Stock Exchange STOCKS __ Corp (Un) National Distillerg Prod Corp (Un) New York Central RR (Un). Nordon Corporation Ltd Apr 4% 80c 3% Co Montgomery Ward ft Co Ino Apr 93A 528 80c 1 * Power Co 500 1 Monogram Pictures Corp Montana Standard <33 EXCHANGES FOK WEEK ENDED for Week of Prices *ff*6hares Par Michigan Bumper Michigan Steel Tube. (1489) Sales ^ Range * Sale Price CHRONICLE 13% Mar Zenda Gold Mining Co 10c BONDS Southern Pacific conv debs— 1960 — 102% Apr 34 COMMERCIAL THE (1490) & FINANCIAL CHRONICLE Monday, April 10, 1950 OTHER STOCK EXCHANGES RANGE FOR WEEK ENDED APRIL 7 Week's Thursday Sales Last Range for Week Sale Price of Prices Shares STOCKS Par DAYTON & GERNON Lakes Dredge & Dock Great CHICAGO 3, ILL. LA SALLE ST. SO. 105 Lakes Towing 1% Central 6-0780 Telephone Stock Midwest Greif or Trade Chicago Board Exchange preferred.—,——. Cooperage class A— Bros Griesedieck Hammond MIDWESTERN LISTED AND UNLISTED SECURITIES Hein EAU LaCROSSE MADISON (G) Werner Corp Midwest Stock Exchange Shares Par Laboratories Steel Acme Admiral Low 5 — 45'/a — 10 Co— * -H~~5 Castings. Roller Bearing & 20% 760 19% Jan 31 '/a 2,000 17% Jan 1 , 32 ' Allied (Un) 5% 6% 400 Jan 6% 1,100 6% Mar 7% Inland Jan 3% 650 3% Mar 4 Jan 5% American Investment American Rad American Tel & (111) Stand Tel San Co Feb 15 % 3,500 21% 21% 21% 575 • 15% 14 15% 2,330 1,454 146% Jan (Un) 153% 153 155 28% . 23 23% 33% -50 31% 33% Apr 12% 10% Apr 10% Mar 29 28% 29 950 26% Jan 17% 17 * 17% 330 11% Jan 22% 23% 400 22% Jan ''' 25% 25% 550 21% Jan 6% 6% 500 6% Mar 39% 47 38% Mar 4% 1,200 '■ ■ -j. — 39% 1 3% 39% 3% ' 42 42 1% 31% ,. 32 _3% 3% 3% 163 3 7% 43 4% 24% 24% 24% 125 21 Mar 14% 13% 14% 1,000 10% 39 37% 39% 290 34% 13% 13 17 14 42 Jan —50 Jan Tool— 1,400 Jan Jan 26% Mar Jan 5 Feb 19 24 v Jan 50 .100 Power 26% 9% 3% Jan Jan Apr Jan Feb 25 Feb Jan 14% Apr Jan 39% Apr 17 Apr 1,250 4% Jan 8% Mar 32% 210 28% Jan 33% Mar 47% 47% 15 39 39% 8% 32% --j— j. • Harvester Paper International Shoe International Tel Iowa Gas 40 43% Mar 50 575 37% Jan 40% Mar Illinois When Iowa 155% Mar 27% 27 200 Co * . 33% 33% 32% Jan 33% Mar Tel (Un) Apr 27 1,525 26 Mar 28% Jan 39 25 38 Mar 39% Mar 39% 40% 630 12% 39% 33% 26 ♦ 13% 600 39% , & 46% Apr Mar Jan 13% Mar 3° 29 % 23% 29% 800 28% Apr 30% Mar * 22% 21% 22% 500 21% Apr 23% Mar 7% Feb 7% Mar 17% Mar 18% Mar Light— delivered Johnson 12 Electric— & delivered Power When Jan & Mar 39 (Un)—-7.50 " Apr 31 33% • Steamship Apr 27% Mar 1,210 8 8 32% Light & International 22% Mar Jan 750 11% 100 Mining Copper 21% 13% 33% 11% (Un) 11 1,800 25 RR Pneumatic Steel Interlake 34% Mar 11% 33 11% —1 (Un) & Jan Jan 33% —1 , Airlines Anaconda " * Laboratories American 4,100 10% .-10 Central Indianapolis Jan 7% 3% 3% —1 Jan 11% 10% -10 Co Industrial Rayon Corp" (Un) ' Alleghany Corp Apr 11 10% Mar 7% 7% • 90 6% .. International Ball Aetna Jan Indiana Steel Products High 54% Jan 21% Jan Apr 20 31 Aluminum Advanced Low 44% 29% 20 Corp 85 Range Since January 1 1,760 45% 150 — _ Brick Independent High 44'/a preferred Illinois for Week ot Trices Mar 90 23% 1 Bartlett-— Spencer Illinois Range Sale Price Abbott $6 Sales Week's 28 1 Corp common —— Huttig Sash & Door common.... Hydraulic Press Brick common. Last Jan Jan 10 Co Hupp Thursday 16 25 400 CLAIRE Hibbard stocks Jan 60 'a... ■ 2 Brewery— 14% 28 83% ■ Corp common— Brewing Co—— High 15% 23 100 III—3 Western Low 15% • (Un) Instrument Harnischfeger Heillman MINNEAPOLIS Co — Range Since January 1 High 15 28 common— —100 non-cum Greyhound Members: Low • Great Stephens Shinkle Shoe 7% 7% 100 17% 17% 17% 1,000 16% 16% 200 13% Jan 17% Mar 11% 11% 11% 300 11% Apr 14% 4% 4% 4% 200 4% Mar 6% Jan 2% 2% 2% 1,100 2% Mar 2% Feb 7% Jan _♦ Vl' ' Steel Co Armco Co & Armour (Un) -10 (lilt 3% —: 721 9 8% Jan 7% 1,500 Jan 9% Kansas Jan Atch Manufacturing Topeka & Santa Co Fe Automatic Washer Mfg Avco Eorg & Co Shoe Brown Co Budd Piston Burd Burkhart Butler Bros Canadian Central 1,600 30% Jan 35% 12% 13 14% -15% 500 14% Feb 14% 59% 440 55% Feb 60% Mar 13 13% 250 13 Apr 13% Mar 37% 37% 50 14 14% 325 13 14% 7 1 7 2,650 30% 30% 30% —12% 19% 19% 19% 10 10% 1,00'J 10 14% 23 14% 3 4% 4% 4% 15% 15% 36% 5 2% * 2% 1 (Un)— 23% 25 1 , . , . 8% Jan *) 70 35% Jan 450 5 Jan Mar 16% Mar 150 19% Jan 2% Jan 20% Mar 15% Jan 18% 12% Jan 15 50 64% Jan 65% Mar 3.800 7% Jan - • 95 118 118 Bronze 74 70% 33% Food Middle 14% 14% " 30 Hart Missouri 8% Feb 46 Jan 79% Jan New Inc 35% 5 (Un) 28% 35 % Mar 22% : • 22% 13% 13% 30% 14% (Un)__l 13% 18% 50 (Un) Mfg Ohio Corp A Paramount Nemours (Un) (Un)— Jan 6 5 71% 67% 47% Falstaff Brewing Corp Four-Wheel Drive Auto 85 ' Apr 32% Mar Jan Co 30 30 1 50 28% Jan . . 2% ; 2% 25% Jan 7 Jan 25 Mar ;30 Feb 3 Feb , 55% 19 19 14%, 12 14% 19% 18% 10 10 ^ 25% 25 % 26 » 60 14% 12% Feb Feb 14% Apr 11% 5 58% 9% 24% Jan 300 3% 3,815 3,500 11% v /' Jan 24% Jan 20% 620 18% 12 "4 11% 12% 3,300 ,11% 32 33% 2,250 25% - 12% 13 " 1,950 10% 2% 34% 33% 34% 29% Apr 13 33% T Mar Apr 13% Feb 2% Apr 35% Feb 29% , Apr * 950 v- 2% Mar 32 3,012 I 920 29% 27% 3% 3% 3% 705 10% 934 10% 700 .1 20 % 20 20% 1,200 24 24 IV'22 22 100 6 300 —.—5 Apr Mar 21% Mar »•' Jan 2% 28 i., ; Jan 13 13% 'ft v Apr 33% Feb 15 ■k- - Jan * Jan 4% Mar 12% Mar 150 Apr 10% 28% Feb Jan 23 Feb 19% 16% Mar 100 200 ; 13% ; 20% 20% 21% 15 28 __ 18% Mar 4,400 . 4% 14% 13% 54% Mar 10,900 19% 4 — 2% Mar 535 20 54% 55% • (Un) 3.50% ~ • : Jan 26% Mar 4% Jan 3% 11' Feb Feb ,21% Jan 23 Feb 26y2 Jan 21 - Jan 17% 100 Apr 9 : — * * 25 50 100 6 6 15% 15% Mar 24 Jan 15% 7% Mar - Apr 17 5% 1,300 16% Jan 128% 130% 378 127% Jan 10% 11% 1,550 8% 8% 100 7% 17% 129% J 5% Mar 200 17% — 8% 900 17'A Feb 18% Mar 138% Feb Apr Pure Jan Corp preferred Oil Co 12 Mar 5% 5% 150 47% Apr 27 44% 45 % 45 Apr 30% Mar 90 22 ■t 5% Mar .. 8 Jan Oil Corp Bros (Un) . —. 27 20 86 ...' 8% ; , ' Apr 8% Feb 29% Mar Jan Jan ; 89'A : 31% Mar "26% Feb 11,000 12% Jan 350 7% Mar 763 ; 12 % Mar (Un)_ Co - Apr 19% Mar 9% Feb 14% Mar Jan 5% Feb 6% 44% Apr 700 Apr 43 % Mar 46% Jan 400 24% Apr 26% Mar 150 40 Jan 46 450 167 46% , 27% Mar 23% 1,550 • 5% 44% 5% _ 41 Jan Joseph Light & Power When delivered 24% Louis Louis Public Service National Stockyards— A 46 6% 5% 5% com— 24% 45 r. St St 19% Jan 7% Mar 626 19 173/4 41 St 600 . 26 Apr 19% 30% 27 Richman 19% (Un) 30% Republic Steel Corp Rexall Drug (Un) Apr 1 28% , Jan 6% .' Jan 71% Feb 89% 8% „ 424 „ 8 Jan 78% Mar 89% 13 61 43% Mar 29% ; 12% Richfield 29 23% 29% -7% Apr 62 u— • 100 12% Jan 210 com 19 36% 4% 330 (Ind) Corp of America (Un)—. Radio-Keith-Orpheum : (Un) Remington Rand ,(Un)—. 65% > 10% 1 Radio Feb 6% v 33%c 1 — common Feb Jan 7,500 (The) Service Jan 10 (Peter) Brewing common—.1% Jan • Pepsi-Cola Co (Un)— 3% 30 % 85 22% (Un)_2% , Pennsylvania RR Peoples Gas Light & Coke 54% 47% 30% 85 9% 5% Mar " - 200 1 Peabody Coal Co common 5% prior preferred 255 4% 46 "30% • 23% * (Minn)— Patterson-Sargent Co 1,850 71% —2 7% 30 7'% Jan 280 : 30 .* 25'% Mar ... 200 34% 20 Jan 6% 65%' 0 Feb 37% Mar Jan 25% 185 10 Eaton Manufacturing Co Eddy Paper Corp (The) 17 60 2,500 4% Jan 23 2% Mar Jan 6 1 (Un) Co„_. Pen Potter 9% 62% 23 • (Un) (Unl Pictures Pressed Steel Car 27% 33% 200 300 2% Car Apr 2,520 4% RR (Un)_ Co Motor 14% 160 65% 1 American World Airways 12% Mar .3% 34% Feb Feb Mar ■ 1 7 6% 24 6 % 2 10 Oil Ohio 1,750 15 _ Jan 8 23 29 5% --5 (Un) Co 33% Mar 26% 5 — Corp class Dow Chemical Co 28% • * Cooker Edison 13% 27% _10 6 Jan i Jan 25 6 54% -Mar ♦ 2% — Jan 7% " Jan 2% * Co Warrants Feb 6% 9%- 49% 600 901 Bancorporation 29% 7% 1 100 6% 2% common Aviation 20% .1 ,j- 53% Apr 23% Mfg & 11% 19% 28% 29 27% 24 5 * Central Northwest Oak Public • - Tile 450 14% Jan Jan Apr 46% Mar r: " Aircraft 23% Feb Co Corp 5,547 31% 300 Apr —— 3,300 13% 31 « 25 15% ,79% Jan 27 % 19% 23% Northern States Power 34 33% Jan 4% •11% 10 Feb > 54 Apr Apr Co 32 ■ Feb 4% Jan American 251 545 44 750 9% North Pan 35% 100 4% 19% 20 Packard 27% Mar Apr 47 8% Mar 200 Car Jan 200 23% 490 American Jan 28% Jan 6% % 25 American Apr Jan Jan 19% 19% North 78 % Jan 7% 350 10% Cement Pressure York North Feb 14% Mar Feb 2,100 10% National Standard 67% 43% Jan 53% 6 6% Nash-Kelvinator Mar 73% 40 19% —50c National 99 \ Jan 39 19% Muter Co 68% 50 7% 10% Muskegon Mot Spec class A 118 219 14% Mar ,7 26% 27% 0 Chemical Jan 1,200 Feb 4% — —1 Mfg Jan ' Jan 6% 1 Montgomery Ward & Co Jan 46 Inc 1 Portland 7%. 23% 47 • 13% •J 10 23 —— 5% Mar 100 1,754 40 7% 7% 23 100 14 7%.— 40 Supply- Monroe 63 79% 40 vtccommon & ; ■ £Ia 7 common--*1 Products Corp Piping 780 14% 79% — West Miller & 4 Utilities South Middle ; " Cement Brick Mickelberry's 0 0 .—1 * Co & Portland 91 33% —1 Co Kodak Medusa Field Metropolitan 114 74 45 (Un) common de Marshall 2,400 67% 1 System (E I) 41% —7 Printing Co common....-.; 10 65% • Edison Credit Apr 13,345 3% 1 common.- - Doehler-Jarvis Jan 15 67% Illuminating- Inc Co 30% 65 % 50 preferred Libby & 14 5 Lindsay Lt & Chem common Lonergan Mfg class B— Parker Iron Vultee Feb 65'/a 33% Co Feb 28 1,500 43% $2.50 Feb 200 23% McNeil Lincoln National 38 % 2% Mar 17 95 Dodge Mfg Corp—— Fox 3% Mar Feb 3% 'k 20% 43% 118 Curtlss-Wright Corp (Un) Eastman 15% Mar 3 2% 8 — Corp Gas Pont Jan 14% -10 Continental Motors Du 11% 13% 14% • • Co (The) Domestic Feb 1,100 -2% Preferred Crane 19% 36% 28 % 0 Co Modine Feb Jan 20%. — 1 & 6% 6% —5 Feb Jan 16% * (Un) — Commonwealth Consumers 8% 14% Mar 1,100 :? Mar 34 9% Mar 1,400 15% Corp——50c 15 Jan 16% 600 14% 3 3 > Jan Feb 50 10 Apr 40 Mar "'29 50 1 Graphite Consolidated 14 University 4 Midwest 36% Mar 150 , 8 — (rJn) Electric Columbia 12% ' 13% 58% 13 common Foods 15% Mar 14% preferred Cliffs Coleman 13% Mar Feb 59% * Clinton Jan 14 5 preferred Cleveland 12 75 " Products $4,50 . Apr f Extension Llbby £ 1% Mar 35% Light-—, Service Cleveland 43% Mar 33* .—1 Sulle 1 33 %c Leath Feb — Cleveland Jan 6% Chicago Towel Co commonConvertible preferred City 35% Jan Chicago Rock Isl & Pacific RR Co—0 Cities 655 —10 — La Apr 4% 35% * • Laclede-Christy Co Light iUn> Feb 14 1% Mar Chicago Mil St Paul & Pac vtc Chrysler Corp 37 %- Jan 550 preferred Corp Jan 11% 300 ' :; ; Products Convertible 42% 33% 600 1% — —. Chesapeake & Ohio Chicago 40% 250 '•" ,"v 5% West Corp Illinois Convertible 14 75 Laclede Gas 1% Central 111 Secur Corp common Certain-teed Feb 5%, common South 24% 37 13% ' Brewing Central & Jan 1% Carr-Consol Biscuit Centlivre 37 —• Pacific 21% -.2 % —— Corp Feb 23 42% — Manufacturing Burton-Dixie 7% 5% Ring common (F) Jan 1 % Mar. .—1 Inc (Unt 23 14 • Corp Corp Jan 5% 100 1 Co capital Bigelow 2 % 2,700 1% .7%' (Un) Knapp Monarch Co Kropp Forge Co common 8% Mar Jan —PI (Unt_ (Un) Corp (George W) 4% 100 1% 7% 5 Corp Steel Borg-Warner 5 37 Laughlin Inc.——. Brown 5 100 1% —10' . _. Berghoff Brewing & 111% Mar 7% —. Benquet Cons Mining Co Binks Mfg 1% Mar Feb 3 Aviation Bethlehem Jan 103% 23 Bastian-Blessing Co Belden Mfg Co Bendix 1% 50 3 _— H) (W 1.350 1% 5 4 Corp Barber Co 1 % 109% 111% 1 % 1 100 Products Corp Athey Bliss — tUu> Light Kelley Island Lime & Transport Kellogg Switchboard common "" Asbestos Power & 2,500 Apr Jan 6% Jan 29% Mar 34% Jan 4% Jan Apr 5% Jan 10% Jan 46 Jan 52% Mar 41% Jan .1% Schenley Industries (Un) 9% 917 100 __5 50% 50% 50% 50 • 46% 46 46% • 7% 300 6'% Jan 7% Jan 79% 76% 79% 1,800 68% Jan 79% Apr General, Public- Utilities 17% 16% 17% 468 16% Jan Gxhson Refrigerator Co Gillette Safety Razor 18% Feb 8% 8% 8% 250 Slgnode 8 Jan 10% 33 Sinclair 37% 38% 454 33% Jan 40 28% 27% 28% 500 24% Jan 30% Feb 8outh 14% 50 14% Jan 15 Jan 51% 14% 51% 350 Southern Co 44 % Jan 52 Mar '11% Southern Pacific 11% 400 11 % Mar 243 31 30% 31 General Amer Transportation— General Electric Co (Un) General Finance Corp commonGeneral Motors Corp Glidden Co Goldblatt (Un) j. 1 10 7 Bros Co <W H) Graham-Paige Motors Gray Drug Stores— 11% (Un) ; For footnotes see page 41, Schwitzer Sears Goodyear Tire & Rubber Co Gossard 9% 2 1,064 47% Mar • ' 5% 1% 10% 2 10% " " ■" Feb Mar Inv & CO- of St Co Louis Prod Steel " 97 Feb 97 11% Jan 12% Mar 28% 29%. 800 26% Jan 30% Feb 14 % Corp 14 % 100 12% Jan 14% Feb 23% 24% 4,000 22 Jan 24%- Apr 17% 2,300 16 Feb 17% Mar 400 15% Jan 13 4,200 12% Apr 13% Mar (Un). 13 17% 16 % Works. 5 17 17 5 13 12% 13 52%" '54' * 53% 9% Feb 11% Jan Feb 30 1 :,10% Jan Jan- 100 2 200 Jan Mar 40 Apr 12 Strapping-. Lathe 12 45 Mar 97 Spiegel Inc 13% 2% 39 12 Standard Dredging commonStandard Oil of Indiana- Jan 10% 41% 100 97 Feb 1% 250 800 40. 24% 1 Feb 810 10% 44% 39 12 100 Corp Socony Vacuum Oil Bend com—* 40 29% convertible preferred Oil 10% 44% 10% 44% _ Serrick Corp class B common Shellmar i 1 Cummins Roebuck Securities Co - • 25 : 17% 47%- 9 2% 45% 47% 425 9% 2% 1,000 -- 600 2,000 51%'Mar-: 8% Mar2% Feb 42%. Jan 54 Mar Mar 10% Jan 3% Jan 47% Mar Volume 171 Number 4897 THE COMMERCIAL & FINANCIAL CHRONICLE (1491) OTHER STOCK EXCHANGES RANGE ' 1 ' '■ ' ' 1 ' " Thursday STOCKS Week's Last Par Oil Standard (N Oil Standard Steel Sterling J) Aluminum Corp _ _ Low 68% 70 898 66 % Jan 70% Mar 27% 23% 787 25% Jan 28% 1 _ 20% 19% 20 % 595 18% Jan 11% 11% 11% 150 11% Jan 12'/a 15% 16% 361 8% 5 - 16 » 1 Apr Feb 12% Jan 18 »/2 8% 450 7% Jan 30% 29 30^% 1,400 26 % Jan 8% Mar 30% Mar • 63% 63% 63% 79 47 Jan 69% Mar 5 11% 10% 11%. 1,300 9 Jan 11% 2,700 10% Jan 13% Mar 1,280 34 Jan 37% Mar Jan 15% Mar Feb • Studebaker Sunbeam Corp 1 (Un) 1 Corp Corp Sundstrand Machine Sunray Oil (Un). _ Swift & Swift of 1 13% 13% 13% 25 37% 37 37% 14% 14% 15% .—25 65% 63% _ International Ctfs Co. Tool ______ Co 8% : Feb Admiral Corp Reduction Alaska Co Gold Alleghany Corp (Un) Airlines American Power Radiator Amer American Thor __ (The). _ _ Corp Trane 1,110 65% 9% 1,076 59% Jan 65'/a Apr 5 Co & Western Air 12% 12% 12% 100 11% Feb 14% Feb 2 (The) Transcontinental 32 31 Va 32% 750 29% Jan 34% Feb 5 20% 20% 20% 300 16% Jan 20% 50 120 49% Jan 50% Jan 45 43% 45 2,200 y8 Mar 45% Jan .—10 17 15% 17 650 13% Jan 17 Apr 1 4 3% 4 1,150 3% Jan 4 Union • — Carbon. United Air United Corp without div Light & Rys— Lines Inc American Tel Viscose United (Un)_ 28% — Rights z i w 42 27% 28% 600 27% Apr 3,4 3,V ——. Paramount 3% 13,100 3*6 Apr 100 17% 1 17% 17% 17% 1 17 17 17 • Theatres 32% 30% 32% com Certificates of interest 8 Steel Van Dorn common ' Warner Works Iron Westinghouse * 6 % ■ _ Pictures Bros 5 14% 14 _12% 34 % (Un) Electric Corp Wieboldt 28 y2 Apr 3%. Mar Apr 16% Mar 12 5,700 7 25% 400 23 y4 Inc 15% ~— a59%a52% 195 —: 154% 154% 1,845 120 93 640 231 100 14 (Un) 14% 835 14 34% 543 30% J7% • common Jan Jan 32% Mar 17% 30 15% 7 % 50 Mar 15 Mar Jan 35 Mar Jan 17 % Apr 16 100 14% Feb — 950 11% Jan 12% Mar 14% 350 14 Mar 10% 1,200 10 79% 1—2 Yates-American Machine capital. 5 Youngstown Sheet & Tube • Arkansas Nat Gas Corp Co (111) com & Atchison Atlas Corp cl 10% 5 81% 73% : 247 ./■r; 16 Jan Apr 14 y4 Jan Jan Week's Thursday stocks Y >■; n Y' Y-z.z ■ Tel American Par Arundel Tel Baldwin 57c 1st Budd 5 a25% Works 13 6% Atok Big Mfg Corp common Wedge Baldwin Mining Locomotive Bandini & Ohio Power Bendlx Aviation Bendix Home Bethlehem 18c 17c Electric Storage Fidelity & General Motors Lehigh 7V4 7% 7% Pennroad 22 * / 10 Corp 8 15% 1 -1 div Electric Service div $1.40 Reading Scott Sun El & Gas Paper Oil common _• United Corp United Gas 1 - Improvement Westmoreland Inc .13% 200 568 10% 13% 14% 503 12% Jan 64% 67% 675 13% b-!'s :/• 1% Mar 62% Apr 13 all% 100 (Un)— J aft 68% 8 •z/.Y Mar Jan Jan 22% 75 22 J/a 2d 78 8i* 21% 4.93 37 Va Mar 41% b3% 68% Mar 37% 38% 65% 65% 76% 7% 15 0 80% 21% Jan 60 Jan 10 Jan' 799 , . Jan 68% 3,265 8 15% Jan Jan 280 24 Jan 24% Mar Jan 'Un) 80% Apr 8 % Apr 11% 11% 2,491 1 10% Jan 11% Mar 24% 1,944 21% Jan 24% Mar 17 3,202 16% Jan 18% Mar 44% 45 178 41% Feb 45% Feb 35% 36% 160 35% Apr 39 % Jan 17% Blair • 25% 25% 26 42% 45 '/a 1,820 32% Mar 25 25% 729 23% Mar 26% Borden Co (Uni Corn 29 587 28% Mar 30% lUm 15 Corp Jan 22% 5s Transit Jan 25% 24% Jan 26% Mar Co Dry (Un) 22% 359 20% 45% Apr 75 78% 256 66% Feb 80% Mar 60% 61% 120 55% Jan 62% Mar 3% 3% 2,276 3% Jan 4 % Mar 674 26% Jan 28% 50 19% Apr 21% Mar 26% 19% 27% 19% . 1975 Feb 45% 46 $7,5C0 />-•'* ,t«i| 49 Mar 49 46 Celanese Corp 50 12,100 44% Jan 54 Week's Thursday Last Steel— Chi Paul Mil St Preferred Cities Colorado Pitt Fort Walker Fuel Range for Week Shares Range 8tne« January 1 Low High High & National Fireproofing Ohio & Oil Corp Gas—: Iron Consolidated $2.50 & preferred Vultee Motors Continental Oil Creameries San Co Di Standard Spring: Brake Westinghouse Electric Corp For footnotes see page 41, a7% a8V4 200 a28% a29% 64% 67 71% 74'/» Gicrgio 17 Jan' 40 Mar'* Mar 11% Feb '* 15% Feb 36% Mar du El Dorado 20% — Oil 30% a40 34 31% all% all% 911 20 •„ , — 21 30% 40 , Feb Jan 13% Apr Jan 12% Jan J 16y2 Apr 343 31% 17 a--( Jan F»b 32% Mar 43 Jan 27% Jan 12% Feb 32% Mar 14y4 Jan 8 43% J*n 43% Jan 15 777 1,005 10% Jan 6% Jan 15 7% a61% 57 , Jan 12 /4 Jan €1% Mar 14 Jan 1 — 5 — class A . .. 15 Va -- • (Un).. _• — -- —15 a<'6V8 5 71% (Un) —10 a47% » 11V8 (Un)——5 — common Co. • 1 40 300 27% Jan 2i 9% -1 85 102% Jan 5,370 104y2 104 y2 com. .5 : 5 i. 759 32% 32'/» 8% Nemour*— Share Co a6l% a61% %■:, !3% 13% 9% ... ; a44% a44% 1 ., common Emporium Capwell Corp Ltd ■ „ 34% ,_V 7 —* Co , - 58 360 235 13'A — Works & \ 100 1 7% _: de 77% Jan 32% Mar 15% Apr 14% (Un) Fields 68% Feb 87/s Feb 1 (Un)_15 (Un) Co Co I) Bond — • 9(7 2?4 a40 13% 25 35% Feb 67% Mar 13% 16% 15y4 a35% —* 7% Jan 31 Jan 63Va Jan 30% 15% — 120 1,216 32y2 15% a36y8 13% 16'/2« 32% — " Kodak Eastman 74% 33% Mar 1.80 Jan 30% Jan (Un)'——5 Del Corp Mfg (E 67 (Un) Corp common Fruit Chemical Pont — Mar 1.40 Jan 27 Feb 1 Gas cap Aircraft Corp Domlnguez. Oil Dow a8% _* — ... Eureka — Liquidating Corp common 1 Prod prior pfd <Uni._100 Board & Chem Corp com..10 2y2 com— ' (Un) Electric Co 10 Corp General Paint Corp Preferred — — .. 7 Apr Apr 34% Mar 7Va Jan liy2 Jan a 105 Mar 9% Apr 16 y2 Mar 15% 280 14% 15 362 11 % Jan 16 Mar 71 3'/2 71 3'/2 10 100 70 Mar 3J/2 Jan 72 4 Jan Jan 32 32 a63 a66'/8 69% 71% 239 166 1,278 297/a Jan 58 /2 Jan 61 ya Jan 32 Mar 61 Mar 71% Apr a45'/2 a47% 11 11V8 46y4 Mar 10 Mar 18% Jan 47% Jan 12% Feb 23% Mar 21% 21% 93 790 125 39% % 40 % 2,000 37% Mar i\ Jan 42 % Jan y2 Jan 1 103 1 106 285 12 80 % Jan 106 Mar 26% Mar iy4 Jan 106 Mar 29% Feb 6/4 Feb 419 — 5'/4 46% • common 79% ' 14'% Apr 13% 601 11% Fb 13% Apr Gladding 13% 488 11% Jan 14% Feb Golden State 500 5 A Apr 1,048 -41 y4 Jan 47% Mar 110 2,032 49% Jan 50 /2 Mar 80 Apr a50'/2 a51% 78Va 80 • 71 /e Jan 11% J»n 14>/4 Jan 12 12% 210 16% 16% 165 16% Apr 19 25 37% Feb 37% Feb Jan 15% Mar 13 % 6 46% ■ a36% a36% —/ —— 70 / a25% a25% 46% iUn»—* Corp common Motors 13% Gillette Safety Razor common—.——* 16% 124 11% Jan 17% 75 20% Jan 23 Feb 29% 29% 30% 245 29% Apr 26 25% 26 103 24 (B —25 & Co__— Ltd Co F) • common — 13 (Un.)„a86% Co common 195 23% 23% 12% 13 a847/8 a8o% 1,006 51% al% 10% 51% al% 10'/2 332 50 1,935 87 21% Feb 12% Jan — a— 24 Mar- 14 /& Jan a—— Feb 21% McBean 34% Mar Mar 26% 10 5 3% 22 5% — 20% 3% Jan 3% Jan 900 5% 50c 3% 22 19% Jan 5% 50c 914 , 700 4% 50c tnn Feb 22 % Mar 1% 50c Feb Bros 3% 37% 7 37 37% 25 * 3% 37% 6% % 7 0 — 15 lG'/t 1,800 — 17% 25 18 25 325 (Uni —.* Class * — 2.25 2.25 100 1 1.85 1.85 6 325 600 260 2lo 1,998 2 Jan 4 400 1 44% Jan 14 Jan 10 /8 Apr 51% Apr 2/» Feb 11 /2 Jan B Mar Honolulu Jan 41% Mar Hudson 35% Jan 38% Mar Hunt Foods common, 16% Feb 19% Jan 2o b Feb 15 2.75 Feb Car 55 Apr 15/4 Jan Jan 11/4, Feb 11 'A 1 1.75 1.75 1.80 4,800 1.75 Mar 10% ll'/8 400 330 9 /2 Jan 2o/a Mar 12% Co - w -- 14% M 14% 2.00 Mar 7 Mar Feb Feb Jan Feb 11% 1 Inc 1.60 3% 49 13% 9 /» 1.95 6% 55 14% 11% .• Corn Motor Maryland Mines Corp 60c 100 60c Apr P5c F"b Independent Pn 3,000 8<* Feb 11c Jan Intl Nickel 18 y2 Jan 1 20 20 20 • 26% 24% 2G% 434 24% Mar 27% 34% 33 % 34% 280 30% 34% Mar Jan Jan 16 k Mar 21 Jan 2.25 Feb Jan PC 15 lb 6% Co (Un) Oil 3'>V4 8% A (Un)____ Development 35 6% Mar Ltd class Co Feb 45 100 ...— Pineapple Co Battery 60c 12% — al% 10% Inc Stores Hawaiian 1-Iobbs Holly Oil Co 3% • .3 Greyhound Corp Jan 625 Goodyear Tire & Rubber (Un)__ Graham-Paige Motors (Un) (Un) 33%c Exploration of/Canada (Un) 11 • a26% a25'/8 a25% 2 11/8 Mar .9 Jan 20% Mar International Air 893 • class A Class B common 1 Steel Westinghouse 21,900 • $3 preferred 1 - Toy Mining 560 1.80 . Feb Mar 5% Mar 30 32l/8 America Inc ol Curtiss-Wright Idaho Renner 30% Jan 14% Mar 32% Jan 28% (Un) common Co Zellerbach Crown 14% Hi Bolt Corp 50 335 595 28 Corp.._.,—1.33% Continental 14% 13% 2% convertible Pitts Screw 4 13 34% Feb 1.40 (Un).. Ind Natural Consolidated 27% Mar Pittsburgh Brewing Co— Pittsburgh Plate Glass 16'% Jan 100 242 14% A—2'/a class Edison Grocers Consol Jan 21% 5 common 3.25 Jan 27% Feb 51% Mar 59% Jan 15 31% * common.. dys Chem Holly New 14% Apr n 23 39 w 10 Edison Co of N Y Hale 8upplv. 2.50 Mar 24% Jan 49% Jan 58 Feb 13% Mar 578 4% 1.75 a — 3% Consolidated 21% 1 Fuel — 2y8 Jan 35 Mar 22% Feb 38 32y8 (Un) System com Commonwealth 100 15% 10 Mountain , 157 125 , 1 (Un)—„ Solvents 27% 21% Gas Star a— 7% Jan v 50 • Co Gas 25% com—• McKinney Mfg Lone Mar 42ya Mar — 15 Li t 25 Columbia Commercial General 1 Manufacturing Co Joy 7 Feb 39 100 Co General Foods 1 Refractories 8% Mar Jan 7% Feb 1% Peo 30% Jan 25 25 (Un) com Broadcast General Sales of Prices Low 5 Brewing Ry Columbia Goodrich Harbison a— • 6,853 10% al0%, 14% 33 36%- America RR Chemical 13% Columbia Gas System 4% — y 25 . Service Cloiox 14 % Duquesne Brewing 5,580 • 3G'/» .1% (Un) Chrysler Coip 27% Co Bin w-Knox — 9% Feb 105y2 Mar 25 Feb Mar Pittsburgh Slock Exchange Ludlum ; -'? ; 10 (Ull) (Un) common Ohio Foster & Kleiser Allegheny 2.90 a22% a22% 4% • Mining Co & Food Machinery Sale Price 10 200 350 . a58% a59% 13% 13% — • Ry of Eureka Central FAR Par a— — 35% Jan 60 a5iy8a5iy8 i__. 1 —— Ginger Ale Chesapeake Fibre stocks a51% .—2% Co Tractor Doernbecher 78 % 4 Cap Pacific Caterpillar Electric 4s 11% Mar "" 14% f>27% a27% — * Feb 61% A—:..—1975 series Sugar Jan 23% 567 21% 12 2.70 — 2.S0 . (Un)__—5 common Sullivan & Cement Feb 4,251 BONDS Baltimore 13% Feb 4'% 795 . 1% 1% a33% a35% —i a35% ...1 (Un)————5 Packing Corp common Feb 28% 27% al0% al0% — 1 — 2 Holdings Preferred 24% .—10 Mar .... . a41% a42% — —___33y3C (Un) (Unt Boeing Airplane Co Cap Jan 15% 28% >" ■ al2 7 all% 6% — 5 Conso"Hofed 23% 22% 10 10% Jan al0% all% — 1 _„ Appliances Jan zV 15 6'/a Mar l,54o Feb 2% 15% Jan iz 25% • Co 9% Mar 398 2% 45% 50 Co 10% 11% 20 % • common- 17% Mar 25% • common. preference Jan 17% • Corp Public 14% 36% 11—3 Philco 50 44% • common preference common 155% Mai- 11% — SI 34% Mar Jan 24% * Pennsylvania Power & Light 1—50 Pennsylvania RR 10 Pennsylvania Salt Mfg common * Pennsylvania Water oc Power Co. Philadelphia — 80 1U Corp % 3<J% I—10 Co Jan l46'/8 22% .13% com 27c a— High 29% 2,340 155 % bV8 1 Light Coa^ oi Na^^ttuon (Glenn L) Martin • — Battery Deposit 14% 67% • Corp Low 35 2% —" 5% Feb 17c Apr 5% Jan 60 18c 3 i _ Corn Steel Canadian 107'8 —2% & Jan Jan Feb 50 7V2 6% P10 Co (Un) (Un) RR Petroleum Canada Range Since January 1 High 16 10 10% — „100 • Chemical 16 » Co common preferred Company Dtidware 39 Mar Mar 3,410 9,600 1,766 a24% a25y8 2.50 (Un) Calaveras Sales Shares Y 31% 31 153% — Chrysler Corp Curtis Publishing Co Davison 155% • Locomotive Baltimore Transit I:'' 31 —100 Corporation of Prices Low • & 155% 72 32 30% 7% Jan 104 Jan 24 Feb all0%alll% California for Week Sale Price r , 35 135 100 30 a8% — Avco Calamba ' Jan Jan AprMar Jan 83% Mar Philadelphia-Baltimore Stock Exchange Z a8% — (Un). 100 Diesel Engine Imperial Borg-Warner American Stores all%all% (Un)__* A (Un)„ & Santa Byron Jackson Co ' 37 Fe Topeka Bunker Hill Y 37 146% 69% 22 % 28 34 16 y4 Mar 12% 10 ' 16 14 — Inc 22%, 22% 28% 29 23 20 (Un) Anglo Calif Natl Bank a66% a69% __ Jan 12% ■ • Bankshares Industries 14!/4 a69% • Bishop Oil Co Woodall 21 Feb 15/4 Apr 56 Jan 15% reb Feb 3% Mar 3 Jan 23 % 6V4 Mar 33% 1 Stores 9% Jan 20% Feb 13% Jan 56 Jan • (Un) Copper Mining Co 3enguet Cons Mining Cap White Motor Co Wisconsin 2,832 (Un)—"' (Un) (Un) Co Corp Anaconda Baltimore U Tel & Woolen Atlas (Un) Ex-rights 12 12 —9 Smelting & Refining American Armour United liy4 a2Q% a20% 22-/4 12 1,670 (Un) San 1,205 Jan • & Stan & 180 100 3% — 1 (Un) Light a2% 3% 28% Mar Apr 50 208 South La Salle St Corp Carbide Inc & a2% a2% 1 180 a21% a22J/4 a22% 10 Co _r 52% Jan 31% Mar 25 Jan 3/a Jan 4 Jan 12 Apr Mar 75 30% 30% ; —, • Mining High Low 47 a45% a46% a46y8 Ltd— deposit- Co. (Un) Juneau American 5 Range Since January 1 * Shares High Low _1 — — American Texas Par Abbott Laboratories common..: Air Container Stone Sales for Week Range of Prices 20% Mar - _ Last Sale Price STOCKS 70 Week's Thursday High 28 Ya ... _ San Francisco Slock Exchange Range Since January 1 High .1 Spring Stewart-Warner Shares Low 10 com (Un) Products 7 for Weel 25 (Un) (Ohio) APRIL ENDED Sales Range of Prices i Sale Price Standard FOR WEEK ' Feb Tel Johns-Manville Kaiser-Frazer & Corp Corp Tel com (Un) '„ 12% (Un)—• • l 49% 13% 622 9% Jan 13% Mar 4n% 5% 49l/a 6 280 3,105 46 /4 Jan 49 /2 Apr 7 4 4/2 Jan 35 36 COMMERCIAL & THE (1492) FINANCIAL CHRONICLE Monday, April 10, 1950 OTHER STOCK EXCHANGES RANGE Thursday r Week's ENDED APRIL 7 Sales Thursday ^ Last Range Week's * STOCKS for Week Friday STOCKS FOR WEEK 1 Sales Par Low • High Low High. Range for Week of Prices Shares • Par Low Kansas Power & Light Kern County Land 8.75 . Lockheed Aircraft Corp Inc (Un)_ 46% 7 Company Llbby McNeill & Libby — •- Loew's al7% al7% a49% a50% 46% 46% — • 1 (Un) Corp * „ '•. 7% 7% a27%a28% 16 16 ■— — 2 16% v:'« 98 Jan Mar 50 355 45% Jan 130 7% Jan 140 23% 445 15% Mar Jan 54% Mar Jan Puget Sound Pulp It Timber (Un) Pullman Inc (Un) 47 Jan Pure Oil Co (Un) Radio of 19 8% Mar 29% Feb 18% Jan (R H) Mag 11 a vox • common 5 Marchant Calculating Machine Martin Co Matson (Glenn) 1 Navigation (Dn) Co 9 McEryde Sugar Co (Un) McKesson Robbins & Menasco Mfg .5 Inc (Un)__ Co common M J & M Power & 61 P10 Light—, — 14% 4% 32% 19% Feb 280 23 Jan 27% Mar 125 10% Feb 15% 56 2.00 20c 18c Apr 5% • * • "V f /• •'*. a— Riverside Roos Cement Bros, class Co Safeway 2.10 Apr 26c Mar Feb Apr 33 Mar Feb 19c 9 Jan San Stores Mauricio Shell Oil Montana Power Co Montgomery • (Un) Nash-Kelvinator Corp Auto Fibres (Un)— National National Distillers a54% a55% 27% I 27% Products 28 21% Mar 23 182 54% Mar 58% 650 24 50 Jan 28 Jan Mar Feb 380 21 19% 21% Jan 19% 16% Jan 22 8% Jan 17% 2,050 a9 20 - RR 23% 23% 475 24% Jan 10 9% 10% 1,962 9% Apr 11% 14% 1,535 11% Jan 14% Apr 22 Jan Mohawk Power North Amercan North American Co (Un) 1 13% 10 20% . Pulp 23 % 22% 919 13 13% 1,369 10% Apr Jan 20% 20% 203 18% Jan •i'i' '• 38 Feb 997 19% Jan 22 1,43a 37% Feb 44% Apr 30 31% 265 29% Mar 33 % Jan 28 % 28% 28 Jan 29% Feb 13% 13% 11% Jan 13% Apr 34% __ __ lvia 490 9c 44% 44%< North American Investment com 5%% V preferred North American Northern Pacific Occidental Oceanic Ohio Oil Co Apr 21% Feb Olaa Sugar Oliver Corp (Un) Gas 90 90 55 76 Jan 52 1,015 40 Jan 53% Mar 21% 22% 410 18% Jan 22% (Un) —„_20 class a29% — __ —20 5 — Co 556 .. Electric 4% 33c 35c 400 3.00 9,500 91 32 Jan 34% Mar a28% a29% 145 27 Jan 28% Mar 2.45 2.45 150 12% 12% 115 11% 4 4 107 3% 4% 4% 1.40 Jan Jan 2.45 Mar 2,003 1st 25 33% preferred __ ——25 — 5% 1st preferred 25 30% red preferred 25 33% 40c 3.00 Mar Apr 2.65 Feb Jan 13% Jan Jan 4% Feb 4% Mar % 140,832 36% 36% 31% Mar 32,467 II 28 common 1st preferred 5%% Apr Apr 2.45 22c 1,494 32% is 35 5% Feb 34% Jan % Southern 6% Calif 32% 33% 355 31% Jan 30 30 % 307 29% Jan 28% 28% 470 28 37% Mar red 5% 1st preferred series A 25 28% Jan Lighting Corp —• common $4.50 preferred Pacific Portland Pacific Public • Cement Service com — __ (Un)__10 15% • 15 common 36% 300 32 Feb 37% Mar 24% 1,570 22 Feb 24% 17% 1,006 16 Feb 31%:/ , • 623 31% 31% 28 26%- 28 Jan 29% 52% Feb 55 15 15 - 103% Jan Mar 14 Tel St Tel Rights—— Packard Motor Co Pan 107 109% 100 common 155 14% Mar 396 Jan •ft Mar com American World (Un) —• Airways (Un)— 1 __ IV2 21,740 3% 3% 551 3% 9% 9% 363 9% 17 1,280 20% 3% 1% 16% lft Co common Paramount Pictures Corp (Un) Pennsylvania RR Co (Un) Pepsi Cola Co (Un) . _ • 1 10 33 %• — 20% 17% — 17% For footnotes see page 41. 25 —_100 • — „ 64 Feb 29 % Jan 30% Mar 100 31 % Jan 32% Mar ■ ' 18 33% Jan 36% Mar 9a 35% Apr 35% 12% 13 545 11% Jan 13% Mar 53% 54 595 50% Jan 54 a27% a28% 335 26% Jan 28% Mar __ 35% 35% 35% 35% — — __ __ a9% a9%. 70 (Un) • 23% 23% 23% 225 * 66% 65 66% 1,939 106% 2 1 of Co Standard Oil Co of N J (Un) & 28 Corp (Un) (Un) a69% 1 cap Studebaker Swift —25 Co Apr Feb Texas Company (Un) a68% a693/4 30% v 30 28 10% Jan Feb Jan 26% 40 23% Mar 67% Ma? 66% 1,085 Jan Jan Jan 30% Mar 36%, Feb. 96 30% a37% a37% — -9% 21% 61 36% Feb 65 65 Jan 65 Apr 10 25 25 25 % 2,158 23 > Jan 25% Apr 2 17% 16% 17%, 9,307 14% Jan 17% Feb Transcontinental & Western Air 5 20% 19% 20% 410 18 Jan 20% Apr 45 Jan Carbide Union Oil Union Union Carbon & Calif of Co Sugar lUn) Aircraft Corp Air Lines Corp of Del United Par Steel a45% (Un) Jan 27% Mar Feb 13% '- •14% Feb 112 25% Jan 28 Feb 1,014 13% Jan 16% Apr 4 4 250 al7% al7% 35 23 25 20% 2,607 a __ 32%* • 25% - 16% — 10 42% Mar 424 * a26%&28% __ 1 (Un) Corp common Consolidated Oil 1,361 13% • 16 16% (Un)_l 27% > 365 27 a27% 1 Theaters ctfs of Jnt a43a45% 13%' 8 313 ■ 13% 27'A . 18 Inc United Common • 28 *.—12% United S (Un) common — 65 ,59% Mar 70 Transamerica Corp Tide Water Associated Oil com 17% al7% 31% Jan 4% Mar Jan 23% Jan Feb 20% Feb 26% Jan 32 % Apr 149 41 Feb 58 Apr 250 32 % 58 58 —, 3% 3 Mar 3 Mar Feb Mar Feb 16 Jan Victor Equipment Co— Pictures Warner Bros 25 3 , 1 3 6% 14% 6% 100 6% "Mar -14 — 8 (Un) 3- , 14% 900 12% Mar 7% Jan 16 Jan 115 Jan 300 Feb Jan 16 (Un)— Company common 109% Mar Weill <R) Westates Co common & Preferred 100 Bank & U T Petroleum common 1% Apr Apr 4% 10% Feb 15% Feb 21 Jan Western Air Lines Inc 435 18% Feb 20% Apr Western Dept 259 17 Jan —110 110 20 110 58 275% Jan 90c Jan 1.25 Mar 5% Feb -7V2 Mar — 285 290 1.00 1.10 4,138 6% 67/s 2,025 12% 12% ■ -vv Mar 18% Mar Union ' 1.00 100 (Un).—I Jan Jan (Un)* West Coast Life 11 11 275 45% 45% 285 ——: (Un) Insur 11% 11% 52 63% 64 358 1 Stores —' 11% Mar Western 50% Jan Wlllvs-Overland Motors (Un)J 11% Jan 11% Apr Woolworth 58 Feb 66 8 % Jan Mar (F Telegraph Elec W') Corp (Un) Yellow Cab Co common (Un) (Un) *. 1 (new)—S (Un) 45% Mar Westlnghouse Phelps Dodge Com (Un) Philippine Long Dist Tel Co Phillips Petroleum Co 27% 509 — • West Indies Sugar Paraffin® ComDanies Apr 30 32% 25 8 common Wells Fargo Pacific -26% 29% 25 „4 ,431 26% Calif Universal 830 15 36% Mar —32% Oil U 441 1,625 31% Mar Jan —: . 1 Inc Feb 53% 105 29% Mar 34% 1.413. Brands Inc Spiegel Feb 28% 15% Apr 17% Mar — % —25 pfd series A 35% 35 __ Standard 30% 53% 15 39% Mar 17 8 Sperry Corp 33% Mar 28% 105 Jan • 36% (Un) preferred <Un) Pacific Vica Pacific ;44% Mar 24% . com Co 29% ' — Jan 9c Feb 17% —25 Gas preferred Southern Apr Mar Jan 36% Mar Jan Mar 42 Yb 35 - 65 a38% a38% 7c Mar 36% 24% 5 4.56% United & 5% :■ 90 a34%a34% __ 2.45 Rights 6% 19% Mar * 50 % ♦ Onomea 8ugar Co (Un) Pacific Coast Aggregates Pac Jan 90 8 . Filters 16 180 52 1 common United 18 21% 1 Co Co 17 10 Cons (Un)„_ common 18 29% '■»' 7,600 - 39% Mar 23% Mar 13% 100 100 Oil Ry Petroleum Oil Edison Ohio 100 < sa¬ 35 8c 8c 6a. •••- •. Standard (Un) common Feb Apr 18 (Un) cumulative > Southern 22% 23 % Aviation Oil Calif Edison Co Preferred Jun 14% — 27'A Mar —• (Un) Corp Convertible preferred 4.48% Feb I Niagara 4.32% Apr 14% • Oil Soundview Mar 9% • (Un) (Un) 28 % Mar • Central Sinclair Secony-Vacuum Southern a9 19% — 21% —1 Natomas Co Y a22V« a22% a55% 5 . National City Lines N a22 % • —10 Ward & Co Morrlson-Knudsen Co 9% Jan Jan ; Jan Signal Oil & Gas Co class A Monolith Portland Cement 247i 23% ; •>' 275 19% Mar 74 44% 44% 15 r 150 % Mar '31 Jan a39 13%: 8 Co 12% 66 i' Mar 21% — . JP - 27% Mar > a38% — P1Q J * 110 42% 10 Inc Mining Roebuck it Co 110 - 20% —, 21% 1 i a„ 4,7&5 28 % 27% V-^ ,'f jvV '*;£ •' V..'t (Un)—• common Sears 28% • A > ■ High Feb • ia% Apr. V '—; 14% ,• 160 66 „ 26% — 10 — Feb -vf. 65 500 ' 19. 17% 27% ' —1 S & W Fine Foods Inc 15c 200 ' t Jan 32% 1,700 9% Jan ;• 1.60 125 9 15% 19c 2,240 32% a 9,100 17c __ 4% 100 Apr Mar 13 1,430 19c 17c , a38 — ; Low 18% 19 • Reynolds Tobacco class B (Un) Rheem Manufacturing Co Richfield Oil Corp 18 a35% a30% ) a29% a30%i • • lUn) ' «v. ■ Jan Jan 32% 19c 1 Apr 11 1.75 — (Un) 29% 279 14% 4% 4% a39% a39% „ pfd (Un)_10 240 17% 26 15% 13% a39% * Consolidated M 18 1 Mindanao Mother Lode Mines— Minnesota 26 29% 17% 25 % 15% — a38* - Republic Steel Corp 29% — 1 Co ^ iPnV—-■* America 18%"' ' • Railway Equip & Realty preferred—100 Rayonier Incorp common 1 \ Macy & Co Corn • Range Since January 1 1 High ' Kennecott Copper Sales > ■ Week's Last Sale Price ;—8O0 • 12% 1 18 1 ? — ' — __ Apr 13 21% Feb 21% Mar 9 500 17 17 115 16% 8 Jan Feb Mar 22% " 22% ! 100 20 33%, — — — 12% 115 9 — 866 a21%a21% 12 Ya a21% 1 33% 573 31% Jan 5% 100 5% Feb 48% Jan 3% Apr 5% 50% 50% 3% r 3% . • 280 125 • . 9% Mar Feb 18 Jan 22% Apr 34% Mar 7 50% 5 Feb Apr Jan Number 4897 Volume 171' ■ THE ' & COMMERCIAL CANADIAN FINANCIAL CHRONICLE LISTED 11493) 37 MARKETS RANGE FOR WEEK ENDED APRIL 7 - Montreal Stock Csnsdlkn ,. *' Agnew-Surpass Shoe Algoma class - Aluminium Co of Canada 4% Bralorne Mines British Ltd Traction American Bank British American Oil Note Columbia Columbia British Columbia. Power Class B Ltd Gold $1.30 5% 1.000 75 Jan 26% 900 24 Va Jan 26% Apr 27 665 25 Jan 27 41 VB 5,415 39% Feb 41 Vb Apr Feb Breweries, " A class A 6,203 2% Canadian Foreign Investment 4.10 7% 33% 8.35 9.00 6% Jan Apr 29% 2l% 308 22- 22% 2,508 41 :24>A'^4* Mar 34 Mar 9.75 Mar Jan 38% Jan 12 > 23% 34 29% Jan 41% Mar 23% Jail 23 Feb H 24% 1,350 1L Feb.. Jan 20% ■ .20% Feb. Feb 12% Mar 14%' '14% 350 33 33 V2 4,205 28% Jan 39% •• t v 40 345 37% Jan 25 22% Jan 24% Jan Apr 9' Jan 23%,. 7 __ 34 Simpsons 7 34 14 7 60, , 125 34- . 32 Jan 15 Jan 34 Mar 40 - Mar Feb. 36% Jan 11 Apr 8 % Jan 11 % 14'A 25,880 103% 103% " a— 150 a— ■ Feb 8.80 103 Jan 17% Jan Jan 16 ' —_ 14% Apr 104 Jan Jan 15 15% 830 12 Va Jan 15% Mar 34% 35% 854 27 Jan 35% 16% 16%. Apr Apr 16% 3,578 14 Jan 16 890 14 Mar 21 Jan 465 84 Va Jan 98 Mar 57 56% 57 '/a 3,939 50'A Jan 57% 24% 25 Va 2,253 23% Feb 25% Jan 48 47 Va 48 535 47' Feb 48 Va 52 52 111 51% Mar 52% Mar 13 14 685 9% Mar 14 Va Mar 20% 21V4 > 13 22 100 : 21Va ! ' 340 22 < 20 490 19% 29 Va 98% 98Va 80 22 22 100 a22JA a22'A 10 9%. 10 Vt 6,425 — • ■ 29'A __ .* 10'A. 50 Feb 21% Feb Jan Mar 100% Jan 19 Jan 30 98% Mar 20 V* Jan 22 'Jan 27 Apr Jan Jan 22 Apr Mar 23 Jan 10% Apr 92 92 36 90 Feb 92 Apr .• 21 Va 20'A 21 Vb 3,782 20 Mar 21%. Feb 5 21 20% 21'A 2,659 20% Mar 21'A Mar • .. 14% 14% 50 14 a5 5 5 7'A 640 ■ 100, * new common : *v , Corp a5,: .. • 7'A *■ 7 a32 8% , a32 1 2.25 1.80 2.25 448 14% 14% 14% 615 • 45 Va 43 Vb 45 Va 4,305 17% 17% 17% 225 38% 38 Va 40 6,174, 33% 13 14'A. 4,725 13 26'A 26'A 25 20 Va 20 Va 20% 330 257/a 25% 25% 570 a31 a31 20 28 28% 1,099 27 41 41>A 575 39 __ Ltd • common Limited,new preferred 14, common^ 25 — • Feb 5% Mar Jan 7%< Jan a a— 14 Feb 15% Feb. 36% — 2.25 Apr 1,25 Mar '. ; Mar 15 Mar 6% • ; Winnipeg Electric Jan 8% 10 21 V». Biscuit 5% 210 a76 97% 20, Rights Zellers 17% Mar ' 16 50 Wabasso Cotton Walker Gooderham Se Worts Wilsils 17 a76 Power preferred Viau' Apr 13 95% 50;. Thrift Stores Ltd: Steel 101 Mar __ •- preferred United Jan 12 29 Va. Canada 75% Jan 99 25 Vs A preferred Tooke Brothers 63'A 10 435 16% *> Co of Canada New 4*530 12 Va 96% com Standard Chemical common 5% 75 % Apr 18% Apr 1, Southam Press Co Southern Jan , a Simpsons 4%% Jan 15 Va __ • c class 42 Va 71% Jan 48 1,415 7,711 35% Breweries common Jan Apr 21% Mar 20.. 12 29<Jan 21% . 225 • al97/» 319%; — Apr 8 - 735, 41'% 34v. 720 21 v Apr 4.10 Feb 8.35 . 29 % Jan ? ' 30% 925 29% 40 * ■ 36. > 33% — 350, 675 * 12 20 650 : ? A-' Sicks class 47% Jan 57 12'A 103% 99 Series A 4% preferred^ Series B 4%% prefererd Ltd High Feb 45 54% Mar 43 __ 1 common Shawlnigan Water & Power 50 18% 17% • 136 56 100% 100% __ 100 Paper 1st-preferred 2nd preferred Sheraton 75% 49 preferred Lawrence Flour Mills Steel 35' • pfd common Lawrence Common Jan '>14% pfd 100 27% 7 " —25 Converters 10 870 • $1.00 series Canadian Jan 28%- 29% 23 Celanese common $1.75 preferred Jan 3.50 Mar —20 Canadian Apr 27% 27% Low 46 47 13% 2nd 100% Mar „ Canadian Car Si Foundry common.—* 15% Jan Mar 25% Jan . • 14% 26 Jan ^ -*. 22 Va-, ; Jan 150 580 2,678 - 2% 33 1_ 50 9.80 22% Mar 10*375 "i „ * : Apr Jan 3.50 33 20 __ 8.80 19 r:. 15% 3.10 36 Corp preferred. Range Since January 1 Shares, 17V* 12% 100 St . 100 26%' 3.45 v 8.35 Mar 11,014 100%*.100%! 3.60 • t-..— 8.80 22%*: • 100 — Lawrence 45% 48 • *S Saguenay Power 4%% 1st 4 i8V*> Royalite Oil Ltd St for Week High 56, •, ,T... . 46 ■ Corp of Canada, St 26 : 29%, Co * * — Provincial Transport Quebec Power 4 c/o preferred 8% Mar 78 River Low Sales • Range of Prices * • Price Bros & Co Ltd oommoo 4% preferred Mar 26% >26% — 5 V;. common preferred Class 78 8.80 3.50 Canadian. Bronze- common.:i._.._.r——• Canadian Canners- cony pfdi —* - Mar • 7 Dredging Steamship common Canadian 27 Jan 15% • — preferred- Canada Mar Jan 7 -*22 __ * Building Product! Bulolo 59 26 26 26 Va V. B—' class Canada* Cement- Feb 1,685 1,345 22%. J A__*• \ _ Mills 52% 27 40% ._*• cl Corp Apr 8% 26%. pfd__100 Products 955 Jan 16% 8 41 Vb f 4%% Elec Forest 59 Jan 9 Jan 26%. 25 British 25 Jan * Co common British Bruck 8% 133A 26% • Preferred . 100 29,725 , Power Feb 77 ,_25 Si 24 9 58% —_ Light Apr 26% •- _ Apr 23% 16% 8% ;• Telephone 29 Vb Jan 8% 1—100 Bathurst, Power & Paper class A.- Jan 22'A 14% : 58% *• . preferred Brazilian 8% 21 Vb 3,775 25 Powell Power High 2ff$90 a25 a24% ■_ pfd—25 common Asbestos Corp Bell 23% 16% • Argus Corp Ltd 4%% 29 23% l Ltd Aluminum 26% *■> __ Steel Low VB'. 29 .. Range Sine*January 1 High 23% "—20 Sugar Shares Low Week's Last;' Sale Price Page-Heraey TubesPenmans, Ltd common for Week of Prices Sale Price Thursday ,, PaiF; Range Par Acadia-Atlantic - V Sales Week's Last \ •■ STOCKS Fonda Thursdays STOCKS Exchange 46 Mar 19, Jan Jan- 40 Apr Apr 14% Apr Jan. Mar 17 : 26% Mar t 20% . 255/b„ Jan 26 Banks—Canadian Ind Alcohol class A Class * • * -.1.; Locomotive Canadian Oil Canadian 1 Companies Pacific Railway Co 11 - 9% 24 • 415 25% ' 17 % 16 17% 16Vb 29 Jan 18 Mar 16% Mar 1,280 13% 18 Feb 15% 1,939 Jan 16% Jan 13% 75 95 V2 10% Mar Feb 15% 6,451 94 • 22% Mar 110 13% — . 2,053 17 % 15% - 3,195 10%< 16% * — 10 17 % • i B) (J 17 % 25 Cockshutt Plow Coghlin 10%,' • 25%; ': • B Canadian 10% Feb 14'A Canadienno —10 Commerce 10. Imperial 10 Montreal 1Q Nova Scotia 10 41 Va, Royal 10 27% 27% 27% 10 39 39 39 Vb 100 28 Jan Jan 24% 2,187 Toronto 20 Jan Apr Jan 31 Feb Jan 28% Apr Jan 41'A Apr 30 V*. Jan ? Jan 28 27%, JanMar 39 Jan 40 ■■■ Consolidated * Glass Consumers Dairies — • 22% Jan 25% Mar 6,650 20% Feb 23% Mar 44 Va 1,030 40% Jan> 44% Jan 21 21% 872 20. Jan 21% Mar 7% 7% 80 * — 7% Feb 7% • 29% 29%. 29% 295 27 • 46V2 '?■ 46 46% 175 44%Mar 48 Canadian Funds Jan 36% 36% 36% 175 35 36% Feb common^...—- preferred Montreal Curb Market Apr —20 Glass . Jan 103 5 23 22 : __ " 91% Mar, 43 % 44 Vb 25 1 common. a25% a25% • 22% Dominion Foundries Si Steel.: 7% , • Dominion Bridge Dominion Coal 6% preferred Dominion 95 • Distillers Seagrams Dominion Feb 29% Mar Jan Thursday STOCKS 20% 20 21 7,072 19%. Jan 22% Jan Dominion 36%. 35% 36% 380 33 Jan 36% Apr 22 Vs 22 Vs 22 V* 210 21% Feb 22% Feb Stores Ltd —„•■ Dominion Tar & Chemical red pfd! 23% - Textile • common Dryden Faper East Kootenay Eddy Paper Electrolux Power Co class A. preferred 4.16% 11 Feb 12 19 75 15 Jan 23% Feb a4.50 a4.75 106 Jan 5% Mar 15% 16% 15% 20 Jan 3,520 19 16% 550 15Va Jan 16 % 15V. __ 1 (T H) 11V*-: 11 15% 1,145 13% Jan 15% Jan __ * Corp Estabrooks 11% „0 } 2.00 Feb 19% 20 % Jan Famous Players Canadian Corp • 14% 19% 14% 100 14% 880 14% Mar 16 Jan Foundation • 31 31 32 180 29 32% Mar Fraser Co Gatlneau 5% of Co preferred..25 Canada • common Power common Lime Si Alabastlne Hamilton Howard Bridge 6% preferred 49 49 44'A 43% 44'A 22% 25% preferred $1.60 preferred Nickel 6% pfd—__ *' International International Lake 7Vc Lang Lewis (John) 9% & Sons Bjros * MacMillan Class Class , B " '■ . : * . •1... -. >> - National National Neilson Six Noranda OeiMe 7Vo (Wmi Wire Flour - ' 210. 32 Va Feb 35% Apr 1.505 1,540 37% Jan Apr 43%1 Mar 8% Jan 10%* Jan . 100 52% 1,449 19% 16 115 Mar 17% Jan 29% Mar 980 23% 32% 148% Jan 52% Apr 19% Feb 23% Apr 20 Jan 19 Mar 170 24 Mar 10 152 Jan 17% 450 11 155 10 10%c 28%i 157 Jan Apr 17% Mar 19%i Jan 10% 11% Jan Feb > 1,170 9% Jan 10% Apr 625 9%- 9 . ? 7% Jan 9% Apr 24% 24% 5,512 21% Jan 14% 14% 6,245 13% Feb Jan 26 475 21 27%; 27% 245 25% Mar 25.% f I a26Va ia26 V* *: ;r" Jan 16% x 25%1 Jan 26 Apr 29 Feb 25 % Mar 29 Feb 5,165 20% Feb 22 Jan 125 50% Jan 25 — .... 51 62 76 76 37% Jan.... 3,630 15. ,103 s Jan 103 ,,103 51 pfd_l; ~5 23 . _ pfd_.:._ioo. cum :. 11% • Apr Jan : : • „ • Ltd— : 22% 103 103 : _o" 23% 69 69 • 23 31% 25, 69'A 37 Jan Jan 11%1 Jan 19% 1,095 - 103 23% Apr 10% 2,921 11V2 ! Jan 23% Mar 20 ^ Brand British 103 Apr 103 Apr 100 22 Jan 24 Feb Jan 71 Feb 2,186 66 V* 100 169 20 , 20% Ottawa Light Heat si Power For footnotes see page 41. .77*'" ■ 26 Vz Feb 8% 9VB 3,245 7% Jan 4.00 4.00 200 7* 3,660 Mar Apr 9% Mar 4.00 Jan 7% 3.75 Mar Jan 380 6% Jan >200 12 Va Apr 12% Mar pfd—20 16 16 16 150 16 Jan 16'A 1.75 2.00 1,400 65c 11,300 8% 300 4.00 7,925 196 ♦ • 60c A—* 8% 55c 6% 1 3.95 3.80 100 98 98 > . * 1 99- 2.00 Jan 70c 6 Jan 8% Apr 3% Jan 4% Feb 92% Jan •K 104% Feb 2.50 Feb 1.75 2.00- 200 13 14 Jan Jan Apr 25c 2.00 1 14 335 10 Jan 711 • 1.50 Jan Mar 14% Mar 22 22% 21% Feb 22 »/a • a50 a50 a50 5 49 Jan 51% • 46'A 46% 47 380 40 Jan 47 —* Malttng Co Ltd Fairbanks-Morse Co Ltd Canadian Food 22 Jan Jan Mar • 5% 5 Canadian Gen Investments Ltd • 18 18 18 415 17% Jan 18% Feb Industries • 24 % 23% 24% 2,830 21% Feb 24% Apr 1 4.70 4.20 5.25 19,000 2% Jan 5.25 Apr 2.50 2.75 200 2.75 Apr 13% 13% 25 Canadian Ltd Products common Canadian Marconi Company 5r/e * preferred 275 5Vb 114 104 114 1,475 3.95 3.85 3.95 4,763 60 60 60 85 57 39 Jan 45 45 45 170 • 14 13% 14 1,150 Claude Neon Gen Adv Ltd class • 2.00 2.00 2.00 190 40c 40c 1,205 B • — A, -•> — 34c Alcohols Ltd common Div Consolidated Stand Sec class Mfg Corp Ltd Lithograph Consolidated Paper Textile Consolidated Cosmos Imperial Crain (R David Mills Mills* common—*■ Ltd— Aircraft Co Ford Co Motor Foreign Great Class Hayes Horner 22 Jan 175 Feb Lowney Co 45 Jan MacLaren 26% 26 % 300 26'A Jan 27 Mar Lambert Ltd Maple 25 70c 200 45c 125 24 Va 21% 20% 22 VB 20,947 12% 12% 12%. 15% 560 15% 25 8 8 100 7% Jan 8 16 60 12%' Jan *17% : Mar Jan 70c Apr Jan 28 Va Apr 17%. Jan 22 Va Apr 11 Jan 13% Feb 15 Jan 15Va Apr Mar 61 Jan 41% 225 60 Apr Feb Mar Feb Mar 60 61 Apr 65 10. Vs 10% 175 9% Jan 10% 18% 18% 18% 972 16% Jan 18% Mar 5% 5% 5% 850 al.80 al.75 al.80 150 1.40 Jan 1.80 Feb 1 33 V* 33% 33% 100 33% Apr 36'A Jan 10'A 9% 10% 215 9 Vb Jan 10 Va Jan • * 60 120 120 121 45 1.25 1.20 1.25 4,000 27 Va . 27% 28% 2,029 20c 20c 148 a5 a5 15 17% 18% 3,845 class com A—• *' class A Corp (Can) * 18% 44 Ltd 44 44 >■ 250 10 3 34 34% 235 a8% aid 34% 4.05 10% a 120 123 Apr 1.75 1.15 Mar 24% 15c Jan } Jan Jan Feb Jan 29% Feb 20c Mar Mar 5Va Mar Jan 18 Va Apr Jan 44 Apr Feb 12% Mar 14 V* Jan 42 11% 28 Jan * 36% Mar • a8% 10 7% Jan 4.05 300 3% Jan 8% 10% 1,600 5% Jan - 100 8% 8% * 15% 15% 90 40% 41 200 9 9 55 — 5 4.00 *> * 1 Inc 6 5% Jan " * Ltd cl A—• (Walter M) & Paper Co Milling Co 4.15 Mar Jan 100 • * Power Leaf 43A 4.50 10 Securities (Alfred) Jan ' 28% Ltd coin.—• of Canada Paints 3 39 *r Paper Co Ltd Hydro-Electric 40 Jan 50 100. (Frank W) Mar 2% 45 Ltd Steel Products Ltd Ltd 33 Jan * preferred— A 80c 5 Insurance Co Halifax Mar 425 pfd Lakes Jan 30c 59 A Power Sec Corp red Jan 3.00 41% pfd— red Apr 14 Va t 59 Ltd Fleet Manufacturing 45 > 40% Si Worsteds class Mar 41 Fanny Farmer Candy Shops Inc Grain Apr 3.95 Mar 61 Co Ltd.* Paper Co Ltd • 1 Steel Product# Ltd.——_—• Fair child 2.00 Mar •* 15% Donnacona Federal >114 15% Dominion Square Corp Eastern Jan Jan * • Limit6e, class B Dominion Engineering Works Ltd; Woollens 3% 28 * Dominion Oilcloth & Linoleum 5,700 88 70c • *• & Frere, Dominion *•• * 102 2.75 4.50 A—* Co Ltd L>, 2.50 5 preferred Consolidated • 36c 2.40 100 Preferred • Jan > 13 Va Apr Jan 10% : Jan Catelli Food Products Ltd 8% A Feb Feb • Chatco Steel Products Ltd common Class 1.50 12 2 Ltd Vlckers Canadian 5.50 4.60 Mar Westlnghouse Co Ltd——• Canadian Canadian Western Lumber Co Jan 19% Mar 169 High 13 16% v 7% Canadian Apr * ... Jan 12% Canada Si Dominion Sugar Canada 38% 15 Low. 7 7 Butterfly Hosiery Co Ltd 110 169 ' 14% 12% class A* Packers Ltd cl Ltd 44 169 5,625 7% Company common 44 — Products * / 12'A Preferred Burnett *' • Ltd Columbia Brown . ♦ Millen & ' Steel Oo class B Paper Ltd International 20% common. preferred Ontario & 480 16% 4.00 •" E. Belgium Glove & Hosieary 5% Bickle-Seagraves Ltd ; 6% 32%, 11% Pr class High 12% 15% 9 • Products Bros Low 11% 16 Mar 76 103 U 31% V- 31% Bathurst Beatty 6%% 21% 51 — 21% Ltd Fabrics Commercial 46 24 17% ^ 9 Auto Steels v Range Since January 1 12 Va * 5: Ltd* Co Jan 157 10% 26 100 5Ve Mills 34% Mar 43 27%.. t —40 Weaving. Mines 87 Jan 9% 14% pfd——....100 Steel Car Corp. Ltd Jan 29 % 9V'2 . 21% r common—L Breweries 85 % 24 .• • Drug & Chemical National Niagara / .* 25 150 * , — (Henry) 4*/aVc •;' 87 157 — . -7 Jan Jan Jan 34% 49 24% •■■■■»■'•' A..: class Locomotive ' Mar 20 %v ;'7 10% o - Ltd Montreal Telegraph Montreal Tramways , 35 -.41% •* Morgan's Jan Feb 24 «. ■ • : 29% 7% 143% > 17% (Robert) Montreal 1,435 Jan ■ ~ Oil Breweries 34% • --•! — Massey-Harris Molson Jan 50 -- ■ Mitchell 26% 7% 5,000 * McColl-Frontenac 14% 25% 400 : Atlas Develop Jan 13% Mar 275 35 V*'" Glove Works Ltd* Anglo-Nfld Canadian Pwr Si Paper Inv Ltd com..* 16% 157 -——:— Export class A ——J—J—■?. B : ■ 0 A) Apr 30% 23% 100 Ltd (John Feb 25% 7V» 19 Ltd^ 48 21 Vb Mar 16% 52% I# preferred 1,345 41 % Mar 29% 42% common Jan 148 % : 148% Ltd Woods the of 50 87 ,i _ • - Feb Jan Mar . 34'A ; 30% .—7% Ltd.. Utilities Corp 48% 14 13% -.V35% ,>'.'34% Power International Lf.batt A. __ 34'A 0 common Petroleum Co Apr 19% 26'A 34% 100 Paper International 41% 27,848 1,696 .7% A — v25 — Canada. of preferred Jan 13% 26 --*4.32 Feb Jan 34% 25% ' 13% —25 Bronze 7Vo 17% V 185 49- Feb 3 19% Mar 12 226 100 $1.25 International 330 19 1,145 • International Jan 13'A —£1 $4.25 Jan 18 % : Shares % ' •* 108 % Mar 2'A 17% 41% 25 Jan 100 960 13 i 19%. Apr 2.95 40% Acceptance Corp common Indust 106 15 Apr Jan 19% • preferred 17% 27 Jan 2.95 19 — Ltd—25V2 preferred 24% . Jan Jan 19'A ■ 41% Imperial Tobacco of Canada common.5 4% 19% 405 • common.. Mining Se Smelting Imperial- Oil 19'A 108% 108% - „ • 4,135 27; 50 Paper $2.00 preferred Bay 18 19% —• . Smith Hudson V __ * • * 25'A 18 —100 Bakeries Ltd General Steel Wares common Gypsum 27 • * preferred General — of Price*- t ■ . 7 for Week Sale Price Acme /V' "r 1 Range: Par Dominion Steel: & Coal class Sales Week's Last ' Dominion LJ ■ Mining & Smelting B% Feb 4.05 Apr 10% Mar Jan 9%, Jan 15 Jan 16% Jan 35% Jan 41 Mar 8% Mar 10 Jan 8% " 38 THE (1494* COMMERCIAL/ & Monday,; April 10, CHRONICLE FINANCIAL 1950 ,-vvi1 LISTED CANADIAN % V/j' " ' (f Week's Range Thursday STOCKS ■'1 1; . Maritime A -r ,Last >•;- ?+•}£>. )■ Sale Price Maxwell McColl-Frontenac Melchers Oil 4% Distilleries Canada Ltd Mica of Minnesota Moore Corporation Royal Rice Mills Ltd Scotia 6% Lt Ltd preferred Enterprises Baton Ltd Lea * Stores Corp of Can 6% 70 % 93 11% 11*4 95 r 106 2014 1C0 al12 a112 5 71a 12 185 20% —20 26 26 35 „* 15 15 185 109 "2 109 % 50 — 1st pfd.100 cum 1,935 19 Vtt —* pfd Ltd 2,800 20% c.m —. Manufacturing 7'ft Service Power 1.00 Apr 1318 28% Jan 7 Jan 100 5 Feb Jan 85c Jan 75 Feb 77% 9 Jan 12 Jan 211■ 20% 111% Mar Jan 26 Jan Feb 13% Feb 15 Jan non-cumulative (Can) • common Russell Industries Ltd Sangamo Co Southmount Standard Investment Paving & Alberta City Corporations United Securities Western Western Wilson Grain (J class 53c 38,702 15% 17 1,375 <• Ltd 13 V4 100 19 19 50 ... Mining 25 105 Bonville Gold Eouseadillac Jan 80c Mar 31c Jan 16% Feb 59 Mar 26% 26% 225 26 Jan 27 Mar 18c 28c 42,567 Aluminum Feb Co of Canada preferred_25 Larder __ 23c 1 • Euffadlson Gold Mines 10c 5,500 52c Mar 65c 9%c 7%c 9%c 7,500 7c Feb 10c Jan 64c 64c 65c 9,000 44c Jan 71c Mar • 4.90 4.45 4.90 52,105 __ Anglo Apr Anglo-Huronian * Anglo Rouyn Mlneo 1 13% Mar Aquarius 1 19V4 Mar Area 25 % Canadian Porcupine Mines 85 26 Jan 28% Jan 290 12% Jan 38 14% Mar 17% Jan Arjon 1.00 Jan 15c 18c 16c Mines 34 225 10% 95c Feb 10'/a Apr 11% Mar Gold 67c 35,100 43c Jan 7lc 28c Feb 22c Jan 8% 76 40 25 %c 27c 54,200 250 27c 9c Jan 15c Feb 50c Mar 66c Apr class 10 A 15 15 30 13% Jan 15 % (1937) 1 15 l 11 %c 29,900 7'Ac Feb 13c Apr 1.91 35,450 1.28 Jan 1.91 Apr 9% • 13c 1.77 8% 9 Vs Jan Jan 3c 64c Apr A Has Steels- Jan 63c Mar Atlas Yellowknlfe 1 19%c 1.37 1.48 1.87 4.800 Feb 1.87 Apr Aubelle Mines 1 9c 8c 9c 13,500 24c 2oc 4.000 2uc Mar 31c Jan Aumaque 1 40c 34c 42c 252,750 Aunor Gold i_l 3.50 3.25 1 25c 25c 3c 3c 500 2c Jan 3c Jan 5c 5c 1,000 4c Feb 5c 6 %C 7c 12,000 5%c Mar 14c Jan 13c 13C 13c 11,000 13c Apr 13c Apr 9c 7%c 9c 83,200 7c Feb lie Jan 7c.; 4 Bagamac Mines Bankfield Consolidated 7,100 2%c Jan 3%c 10 %c 15c 120,700 5%c Feb 15c 3%c 3 V2C 4,500 3c Feb fx; Mar ec 5c : Mai* of Toronto Barnat Barymin Co 6V4c Apr 1,300 4c Feb 5%c Jan Babe 1,000 63c Jan 89c Jan Ba'hurst 5c 10,000 5c 5c Mar 8c Eldona El Mines 20C 500 1hc Jan 25c Gold Sol Mines Mines Gold 1 1,000 53c Feb 64c Ltd 2.50 1,000 1 Fo-maque Gold Mines Ltd—.. Goldbeam Goldora Mines Mines 1 Ltd Ltd Cons Gold Mines Ltd Hudsor.-Rand Gold Mines Ltd Lake Jaculet Mines Mines 5 Feb 2.50 6.95 36,400 31c 1,000 28c Feb 42c Jan iC 27,000 6c Feb 10c Ltd 7.40 Mar .1,000 3%c 7c «brador Mining Fortune Lake Rowan <fe Gold Explor Mines. 11,000 4c Mer 6c (1945i 2,500 5c Feb 8c Apr 10'/4 10% 1,349 Feb Feb 10 11 Blue Ribbon Mines Lingside Gold Louvicourt Mines MacLeod-Cockshutt Madsen Red Lake Gold Mines Nechi Cons Dredging 3c - £;} Norlartic Normetal Orenada Gold "Mines Pandora C'adallic Quebec 4.00 Mar 5.25 Jan Crest Gold Gold Mines Mines Ltd. Mines Co Surf Jan 5c 30c 8jc Jan 3.70 3.70 100 3.10 200 2.95 Jan 3.40 800 3.00 Jan 3.40 12 Jan 13% 83c 1,600 05c Jan 1.03 500 95c Mar 48c 64,725 32c Jan 48c 66c 2,300 60c Feb 66c 2.58 2.70 14c 14c 1,000 9c Jan 14c 4c 500 4c Mar 5c 11c — 7'Ac ...1 2.31 1 Inlet Consol Gold Silver Mines Mines Ltd — 1 ~t Vinray Maiartic Mines Ltd Ltd 900 4c 15'Ac Mar 19 Jan 4'Ac Apr Apr 11c Apr dull lie Jan __i Mar 2.40 Mar 2.32 7c 4c l.<;2 Feb Mar Jan Aor 14c 62c Jan 3.20 • Central * - Class Ltd 1 Apr 1.36 4.00 800 Feb 4.00 Apr 5c 46,500 Feb 5c Apr 8.25 100 Jan 22c 5%c Jan 4.90 4.50 4.95 9,300 23c 23c 2.000 8.15 7.45 1.40 1.40 1.40 300 5c 5 VaC 14.500 3.00 2.60 3.00 5,900 1.70 1.66 1.80 7.153 1.10 1.20 900 8.15 1.400 3.85 Jan Jan 102 3.55 Mar 75 9% 1.200 Jan 9% Apr 29% 2,290 27% Jan 29% Apr 3.65 3.10 4.20 14 975 2% Jan 4.20 Apr 11 11% Mar 6 Apr 26c 22c 27c 62,800 21c Jan 27c Jan 65c 60c 65c 33,145 50c Jan 65c Apr 19% 19 19% 465 17% * 7% 7% 7% 115 6% 13c 13c l"c 48,800 2.05 2.14 3,195 14c 16'Ac 123,900 i 18'A 18'A 50 7% 7-% 200 16c 1.92 590 194,700 Lake Products .... * Eurns & class B Co class nurrard * * A 7% 8c 19% Jan Feb 8 Mar 9c 370 Caider Bousquet 8c >. 19 %C 2.25 Jan Feb Mar Jan Jan Jan 17c Mar 4%c Mar 21.832 8c Apr , 30% ' 34 Jan 14% Jan 17 Feb Feb 3 Ac 3'Ac Mar Apt- »17 Apr 19% Jan 7% Feb 8 Jan 7c Jan 16c 8 25 7,875 Apr b 80 Mar 5c 46c 9,800 42c 2.70 2,800 2.40 2.40 2.40 36 29 'A 34% 36 Preferred 29 % * common 6'A 6 rr : —; 20 ; Fcils * common A Canada lion Canada Malting Canada Northern 2.50 Mar 3-25 Jan 730 2.35 Mar / 27 a Jan 570 34 Jan 38% 29'A 180 2Q Jan 30 6 'A 125 5 Feb 12 12 35 11% 21 'A 25 21 50 • * Feb Jan 21 % - Foundry common^.—10 Power Jan 58c Mar 2.55 8.35 6%c Jan common 5 Vac' 4,025 Flon Cement Class 7.45 —0 Flin Bread Canada 1 ——— Edmonton & Canada Canada Feb 4.95 Jqn 26c Apr - r .-•• • '• •••' • Packers 6.95 Mar 8.25 1.17 4r 2.25 1.22 Mar • . class H 50 100 11 Va 115 Jan Jan 6% Apr 11 Jan 12 % Mar Jan / 11 22 r>2 Jan Mar 1 12% Mar 1.42 Jan 6c Mar Jan 3.00 Apr Jan 1.88 Feb 1.05 Mar 1.30 Jan 1.14 1.20 900 1.01 Feb 14 23,274 10% Feb 1.80 1.95 1,200 1.65 Mar 2.21 Jan 1.20 Mar Jan Jan • •••V. 36 23% * Lines common 36' 24 5 Jan 19 ■ Jan 24% Jan 1°6 Jan 217'A Apr 19% 21% 406 14 Jan 41%' 150 3 J'A Jan 21% Apr '41'A Mar B Canadian Jan 85 Jan 347a Apr Mar 11% Bank of Jan 83 % 83 % 20 80 34% 347 a 75 30% 9 9 50 9 25% 26 830 25 Jan 26 Va Feb 10 Commerce Breweries Canadian Canners Convertible 83% 343/8 ._* Bakeries Canadian * * Canada Wire & Cable class A— '>;■ Class 37 Jan 34 170 2,820 41'A 19'% --50 Preferred 21 'A 217% 217'A' 100 Mortgage 25% * 22% Mar — 22 22 Va 1,552 21% Mar 23% Jan 19 Va 19% 1.002 19% Apr 20% Jan 19'A — common— 19% 20'A 997 19% Apr 20% 12 V8 450 11 Jan 13 * preferred Jan Apr • . A %.Vv f£>'. * Jan Feb *eb 14 T'';a B Canada SS *• 23c 12% 4c 4c 4c 21,000 3%c Mar 7%c Jan 1 5.95 5.90 6.10 15,875 4.20 Mar 6.10 Apr 20c 20c 500 18c Jan 23%c Jin 45 VaC 46c 3,000 41c Feb 50c Mar • Feb 2^4 1,000 Apr 1.95 Superior For footnotes see,page,41. 99% 17 • Mar 1.20 * Ltd 155 7,225 33 Jan 13% Pan Western Oils Ltd..;. Oils Feb 11'A * • Ltd Apr 91% 7 Canada 90c Ltd Ltd Petroleum* J.an 89 " 70 • Canadian common... Omnitrans Exploration Ltd fir 27'A 28% Apr 3.83 1.20 * -—A Co Oils Jan 257'a Mar 605 9% Apr 2%c 5 %c • — Homestead Oil Co Ltd— A Oil Apr 27'A 29% 2.70 3.90 * Gaspe Oil Ventures Ltd Home 47aC Jan 1 -— Hill Class Ang'o-Canadian Oil Co Ltd Eritlsh Dominion Oil & Dev Corp Calgary & Edmonton Corp Ltd Okalta Mar • .... Ltd 11% 22% Mar 19'/Wan * Oil Canada Permanent Petroleums Apr * 1 4%c 3%c Mar 11% 9,496 3%c Jan 18,500 * A A Campbell Red Lake Jan 4y4C class class 43c 71c 4c 3.50 45c 14V4C 4%c 3.40 1 Mar 1 100% 100 Va Calmont Oils 5c 9.25 89 'A 3.50 5'Ac Mar Feb 89 100 % %; • 5'Ac 6c 8.00 100 89 15'Ac 8.15 52c 2c 26 * 13,000 2 99 26 Va * 2.90 Apr 11c 3c .. 11'Ac Oil 8tocss— General Apr 25% 22% HUrlington Steel Jan 27,500 Westville Petroleums, 19 7% 6% Mar Mar 9c 13c Federated Feb 17 Pudding Bunker • 2.35 89c 59c 49.500 Ltd 18 3%c Jan 51c 22c Oils 200 32 Va Calgary 19c Leduc 19 32% Calllnan Mar J)&n Feb 21c Consolidated Feb 18% • Apr fi%c 1.92 57c 7c .... 27 5'Ac Jan '• 55c 55c Feb 2.08 36c 7,700 26 'A 7%c 90c 1.12 314 14%c Jan 1.02 15% Mar .480 • Mar 5.000 Apr 7'A 1 69c 5c 15 Mar 26.60 1 Red 31c 5c 70c 1,000 Ankerite 1.900 15,500 Jan 10 6% Buffalo 11,600 11c Jan Apr Jan 26.60 Buffalo Canadian 2.31 9'Ac 25c 8.80 6,945 ——i— Buffalo Feb 7'Ac 30,600 Mar 25c • Feb 72 %c 3.20 12c 17,500 -* Jan 23% 1 Ltd 5c 1.34 Mar Jan Western Ashley Minerals Ltd.— Mines 20'Ac 3c 2.97 Apr 22% Products Packers Power Class B 10c 3.10 64c 26% Buiiadlson Gold 14.000 2,700 Jan. 4%c Bruck Mills class A 12,500 6,435 Feb 39c 22 'A pfd 4% Forest Dominion 11,000 2.90 15c Jan 11c 2.75 Feb Jan Jan 4%c * • B 11c 32c 52 12c —100 Elec Columbia 4%c 2.10 13% Jan Feb 26 Vs com 1 Columbia 10c 7'Ac 16% Mar Apr 12% 26 % Pwr & common preferred 7 'Ac 2.90 1.05 2.00 8.25 Ltd Upper Canada Mines ItcL___ Mines 21% 40,800 1 Asbestos Corp Waite A.mulet 1 20% 53c 1 Ltd Feb 90c —50c Ltd Jan 1.02 33c 90c Ltd 2'Ac 10,000 81c _._l 1 1.C00 1.30 51 %c 32c Ltd.....: 3 %c' 1.25 1,000 3,600 1 Mines, 16c 3%c 72 %c l _ 20c • 15'Ac 4'Ac 1 15 50 26Vs Lignt Oil Columbia Class Jan 1 Apr at Lake Columbia Briusn Apr 4c * 15 * Traction Red British 14c ... 25 25,450 17,766 64c Jan Mar' 6c Vf:' 12'Ac 14'Ac ... Broulan Porcupine 1.80 Mar 2,000 " 10 Roofing Apr 7'Ac Mar 700 21 Feb Jan 4c 200 * (ca.led April Jan 194.500 Iron Torbrit 2.80 20c 1.92 ' 4,350 13'A * Class B Jan 12c ' 44c 31'Ac 50% A share) British Mar 1.90 * Trebor 1.20 19c Ltd... Goldfield.s, 2.50 Mar 85c 1.90 / class pfd 4%'/r Apr 1.29 A per British Apr 66c 900 ' 15 15 15 Apr Apr Feb 13% B British : 3.10 Mar 43c \ 5c 41% 39% 50'/a Preferred F^eb t 4'Ac Jan 24c * 1st Brewis Apr 200 ■ class British American 3.85 Mar 12 % 50c Ltd Mines Feb 3.40 (1944) Cons 3.05 12% --iv Jan 14 Mar 27'Ac 50 Cordage ojazilian Mar Jan 3.10 Millen Brantford Apr Feb 45c Mines Rock United 3%c 12Vac 4,900 » Sladen-Malartic Mines Ltd.. Tiblemont 3.500 92,000 53c 83c Siscoe Gold Mines Ltd. Hulilvan 5c 30c 1.03 —....... * ... Corp common $26.50 Jan 48c Ltd Jan 7% Apr 14 47c 1 SWritt-Gordon Mines Ltd Steep 15c Feb 4%c Ltd_.l Santiago Mines Ltd Stadacona Jan 25 %c Ltd.—1 Ltd-.i Geld Gold Mines 6c 12% 1.03 Co 1 Mines & Cum Feb 1 Mines Rochette Miller 9c 1 Regcourt Silver Jan 1 Queehston Gold Mines Ltd...... Quemont Mining Corp Ltd. Red 4c 53c * Development Quebec Yellowknlfe Feb Apr 500 40 .1 Mines 31c 5,207 37,500 15 _..i Ltd: Gold Labrador Gold — Brantfcrd Jan 29c '• 4%c 36c 15 1.40 Brand 20% Ma'r 1 Mines Ltd— O'Brien Gold Mines Ltd Feb 65c 27 Jan 12c 3,195 1.27 Mar 25 Norseman Mar 6% 11,500 400 23,000 1 30c 18c 350 15c Mines, Ltd U Mining Corp Ltd 41 % 27'Ac 27%c; 65c 1.32 al3 • 40 Va 41 35c 9.00 19*% al3 Ltd—..— Jan "Oc 415 55c 19 3.10 12% 8.80 17% Mar 10 %c Ltd Mines Jan Apr Apr 1.32 ^1 Mines Goldvue x Boymar Biaionie 4.05 12% 12 % 14%c Apr Jan 1 Ltd—1— Calumet 54c 24% 60 lfic 37c 82c 19 7% 65c Jan 56%c Mar 15 %c • New Jan Mar 1.88 1.16 Jan 150 27 8.95 21c 4,500 l New 1,800 31,827 24c 26%c 26% • 193.747 I 65c 27 r_l 37C 66c 1 ^ 63c 25c -—• 30c 60c 150 ..... 200,700 62c 37c 8,500 Mining Corp of Canada Ltd 1 88 62c Jan 1 Maiartic Gold Fields Ltd 1.48 1 Mar 2c 9c Mines.. 40 Bonetal Gold 8c 1 Gold Jan Feb 2,000 4.65 Ltd 38% 14 %c 54.000 8c Ltd—A Goldxields 100 1 3c 4.65 Macdonald Mines Ltd 41 40 Mines 14c 1 ... 28 % Jan Bubjo ,3%c 1 Ltd Lake Shore Mines Ltd. Feb 38% Jan 13 %c Ltd.__l 27'/a 315 63c 25 1 ... ... uuid Preferred 3c _.l Co l07/ac Mar 550 1.84 • Eiltmore Hats class A pfd Mar 8c 14c __ Ltd. Jan 23,748 40- Apr 6c 9c 41 • A... class Kirkland Class T Lake 3.50 27'Ac Mar 29 % • Mining River' .court Bidgood Feb 6c 7V2C 10%. 4 % c 4%C 8c 1 K^T-Addison Gold Mines Ltd.. Kirkland Lake Gold Mining Ltd Feb Feb Jan Feb 4.45 t4%c 4%c d-. 1 Ltd Joliet-Quebec Mines 3.10 13c 8c • ! Ltd Power Telephone Berehs 1 ... Ivlar 40% 1 Bros 1 Ltd 66c 27% 1q Ltd Metals F.pnttv Apr 7 %C 9c :ii_il Hollinger Jack 5 .......„__l ___ 2.22 31c 1 _ Mar Jan __ 8c * 7%. Mar 6.23 6.95 1 Ltd 4,070 Apr 13c 12c 13,675 19'Ac Jan 50C 2 50 59c 1 20c 59C 1 Ltd 10 Jan Bell ouillvon 3.50 26'.Ac 9% Mar Jan Jan Jan * _ Maiartic Mines Ltd 7% 10c 4'Ac 28 10 Scotia Mines 4,000 aaoi 1,490 6,000 Apr 3 %c Nova 1 Montreal of Bank Jm 3%C 14c of Eank 4c East 14c 19'Ac Apr _1 .... Feb 8c 1.89 Mar _._.l __ Feb 6,000 53,800 2c 73c Ltd 31c 13c 13c G V4 c Co Jan 22c Jan 66c 50c 3c Ltd— 77 11c 7,000 1.20 Mar 54c 31,400 4c Mining 73 13c 31,200 3c 78c Mines 8% Mar Jan 63c • 4c Courror 7% 1 Hardware Mines /£c Donalda Feb Jan Mar H4c 1 Cadillac Apr Mar 1 Atlantic Oil Mar Consolidated Duquesne Min Co Ltd—1 Cortez Explorations Ltd ...1 Central 4.90 12c 76 __ 1 Metals Corp Ascot Mines.l non<oiidated 32c 14c 42c 2c Ltd— Centremaque Gold Mines Ltd Century Mining Corp Ltd Cheskirk Mines Ltd _.4— 11 Feb 3,500 55c 1 Gold Feb Jan lO.OCO A 8% 8% 100 Armistice 15c 15 %c __ 3.80 9.60 4,200 Apr 200 Bank Carticr-Malartic Jan 18c 665 27c 25c __ • common 10%c 10%c __ 1 Corp Preferred Apr Oil 34c 1 Ltd.. Apr 59c 1 62c 1 Candego Mines Ltd 28c Mar 116 1 Ltd. T.tri 15'Ac Mar Apr • Anacon Lead 12% Mar 1 Ltd.— Mines 1\/Tin»c Apt- 13% 1 Mines Gold Jan 7uc 23c 41c ... Mar 4,577 1 # Feb Jan 9 5,800 1 Bahiat Mines Ltd. 8'A Mar 31c Apr Apr 50 80c Feb 25% 8% 30c 35c Jan 8% Jan 7%c 78c 17 Feb Jan 80c 53c 14% Jan 4%c 30%c Jan 10 102% 2,000 1 Feb 13% 75 5c 5c 5c Jan 41c 20c 102 % 103 % __ __ 52% Athona * Feo 390 38 65c 65% c z4 12,562 Feb Stocks— * 340 59 14% 10% Anacon Lead Mines 25 16% Asbdown . 24% 14% 27% a70c a75c a75c 2414 58% 30 ■ Apr * A 16% 14% 37 —• 8 25% 27% 27:% ...5 Ltd..— 13 % 25% 100 B Breweries Co C), 50c 17 * Ltd Canada 115 Jan 19 23% Nepheline 113 13% Jan Tellowknue 15 » 22% 58% 19% Jan 115 .* Rapid Transit Co 4,674 • American 115 7.000 23% • Amalgamated Jan 30c Apr 23% Ltd 54% 12 25c 29'A 23% Aluminium 22'/a Mar 25 30c Jan 20 Algoma Steel 110% Mar Jan 12 Ltd..™* 21% 1 Feb 18 High 6,009 Cons 13 12 Ltd—* Union Gas of Canada Ltd United Amusement class B.__, United 30 19" Low 29Vs Knife Pacific Range Since January 1 High 26% * 53 % 53c 100 ptd (Cam 625 12 Ltd Co Materials Transvisicn-Televi ion Twin 6% 5 21% 19 « Power a54 ■21 . .♦ Ltd. Southern Canada a54 2nd pfd. .50 part Ltd Low 29 • American 6% Reitmans Shares 100 A^aiccho Yellow Apr 108% Mar for Week • common Acme Gas & Oil 111% Mar 12 Paper Agnew-Surpass Feb 26% & Preierred Mar Apr 7% Power SI.60 preierred Acadia-Atlantic class 19% Mar 17% Sales Range of Prices Par Abltibi Jan 1.05 Week's Last Sale Price Mar 4.50 Mar 97 •' Thursday STOCKS Jan 6% Mar Exchange Canadian Funds Feb Mar 27 : 30 42 o 76 V* —11 — Nuclear Paul Co Pr & 93 4.50 18 '/L> 19'a ,«,* * 7 00 9JC -r- Paper Co—5 Mount Nova t: 10 Ontario & lot) 614 90 0 common :v:'lT;. 260 17 271-4 High Low , 4.50 .100 pld_. Ltd High 0% 6% Toronto Stock jRange Since January 1 Shares 17 * Ltd APRIL 7 for Week 27-14 Teleg & Tel common 10 Co 6%% conv pid—20 Massey-Harris MARKETS FOR WEEK ENDED Sale# AAr ; of Prices Low Par ■ RANGE common Class A Canadian Mar Celanese Preferred Canadian Dredge common 1 12 12 20 Canadian Car 14% 14 Va 535 14 Jan 15 Jan • 33% 33 33 Va 1,930 29 Feb 34 Mar 25 39% 39% 39 3A 45 37 Feb 40 Mar 25 25 50 2-i * «-j 14%- ' 8 Jan - 27 Jan (1495) Number 4897 171 Volume CANADIAN, LISTED RANGE Thursday STOCKS Food Canadian Thursday Range Shares Low Low High common J; —_I_—_ Preferred V 4 65 Mar Jan 6 3old Eagle Locomotive Cu..aUitkli iviHiaruc Ca^'dian 5% ; Oils 11 • • common 12 Vb Mar Goiaen 70% 40 67 Jan 71 Feb D?iaen 11 5,9 (U Jan 11 Apr Goldhawk Mar 29 Jan Guiaora 10 % 25% — 81c. ' 24% 75c : 17% 16% iPOr 2,380 17% 15% 5 101% 7.7, . 17% 86 17% . V Mar 17% Apr Feb 103'A Graham Grandoro 35 Jan 2.50 2.50 2.50 3,125 2.20 Central 1.37 1.25 1.41 56,480 1.00 84c 88c 4,735 18c 13,200 10 %c 14 Vac 77,300 85 %c Centra] —1 17 %c 1 13c Porcupine . Centremaque Gold Chatco Steel Chaleau-Gai unemical 17c 13% common Wines Feb Great Lakes Chestervllle 1 Mines Jan 2.60 Feb Great Feb 1.52 Jan Greening 80c Mar 1.08 Jan 15c Chimo Gold Citralam • Cochrane 21 %c Mar Jan 14%c Jan 14 % 25 7 VB Jan _ Apr Gulf Jan 8% Feb Gwillim 1.37 Feb Gypsum Lead Lake Commonwealth Lake 17,600 1.15 Feb 11'Ac Feb 21c 2%c Jan 4%c Apr Jan Hamliton 2,500 3,500 2.22 2.33 16,730 14% 14% 175 15% 16 2,375 1.78 ; ,> Jan Mar .. 3'Ac Jan 9c 2c 35 Feb 3c 85 130 53% 4,700 15c 4,000 3'Ac 1.40 1.00 3,500 7 7 100 l Mar Apr Apr Mar 95 63% 52% Mar Apr 1.45 1.40 1.50 1.02 1.05 1,000 33c 29c 33c 120,183 17% 43% 44'A 21% % 4 '/a 4 4'% ■» . 13 Feb 16'Ajc Apr 14'A Jan 18'A v ■ Apr 40 Jan 44 V* Apr h'S 20 Jan 26 50 34c Feb Jan 4% Jan 13 Apr 13'A Jan 28c Apr 43c 4'/a 120 18,975 12c 13 %c 29c 18,000 Feb Jan 16c Jan 13'Ac 15c 2,000 13'Ac Apr 19c Jan 6'Ac 4%c 7'Ac 67,700 4'AC Feb 7'Ac Apr 19 18% 670 17% Feb 19'% Jan 13,800 l'Ac Feb 2'Ac Apr 12c ... 1 Alabastlne 20c Jan 6.299 13- 28c Apr 12c 2,000 : 1,000 18% 21 44 * 13 %c 550 14c 16 %c 16%c, * ; ' 18% 1 & Hallnor • T- Feb t 1 Mines Rock 19' Gold Hartz (J 7c 21c Apr Headway l.oO Jan Heath Jan 2,102 11% Jan 14'A Mar 14% 100 13% Feb 14 % Jan 26'Ac Jan 44c Mar Jan 11 Hedley Mascot 38c 36c 41c 10 10 85 7%c 7c 8c 10 xv 5c 17,000 10 100 Feb 40c 36c 40c 5,000 30c 5c 4%c 5c 4,500 3'Ac Mar 1 / __ 7'Ac 8c I,000 25c 25c 500 * Jan 10 Apr 1. Jan 8'Ac Jan Mar 10 —1 1 : 4.40 4.00 Apr 70,800 10 ] —— —i__ Gold 200 13% A——————.——-* Lake Red 4.00 13 1 Hasaga Gold Jan 4.00 14% * —_ class i 4.00 ,v13% * Mines Gold F) Jan 2'Ac 2c c • Harding Carpets Harricana 2% 1 1__ Cotton 8 Feb —1.15 13 %c 13 %C —. Gold'_ 6c ; Mar.,. 21c Lime Halliwell 16% 15% Mar 4'Ac 2.34 Mar ■V' 14% Mar Jan 14 ' "i Feb 2.01 19c 1.45 52% 4'/ecMar b,500. 7%c Mar 36%c Mar 4'Ac Petroleum 89 ' Hamilton Bridge 50c Jan 72c 4%c Jan 77,500 1... 88 Gold 1.46 18c 21c ______ 88 1 9,580 46c __ - Yellowknife 6,500 1 20,500 1.05 Coin Colomac 3c, Mines 8 4%C 16 3c Gunnar Gold - 7c 3c _ 3c High Jan 2.44 Mar 191,800 ___——__10 96c 17c • Plow 9c _2_—_— •_•_• Jan 36 %c 0 Dunlop class A Cockshutt Wire 6c 2.23 Willans 6 %0 * Coal 10% ^prd Doebenour 5c 6%c preferred 225 4c 17c _._1 _ Coastal Oils Jan / -1 Guaranty Trust Guayana Mines 46c —1 Malartic A West 1.27 1.35 Jan 6c 5 %c 6%C Paper common— 86c 86c 1 3.35 L— Mines 6c .50c 10,400 -1 8 Research Cheskirk Mines 2.70 -50 1.45 •V 1.25 Mar 533 13%- Mar 2.55 -1 Bousquet- Class __1 Jan 8c High Mar 31 Castle-Trethewey Central Patricia Gold Mines 6c 5%c ______ ^1— Preferred Jan 1.30 Oil- 4'Ac Mar 1,000 Tire common— Apr 34 Leduc 2,200 7%o, 2.64 Porcupine Goodyear 18 1.26 - Low 6c 7 Vic - Gocdfhh Mining Feb . , 34 Gold Range Since January 1 5c Mint; ' 86 150 34 82c Jan. 1; 1.26 Cariboo exk __1 MamtoO Apr 86 5,163 v» Shares Low Mines Arrow ..16% Mar 35 16% , ! Jan 19,645 86 .100 R&Lway__ ____25 Tire Corp A——!— Pacific 8% 220 101% 101 % 100 • 4% preferred Canadian Feb , preferred Canadian 11 v 81c Cos 650 ,205 __ Industrial Alcohol vot_ Canadian 5 12 70 5 ___100 Ca^aaiun .;V'5 12 Produces e of Prices Par High > x Sale Price Range Since January 1 Sales Week's Lasi STOCKS lor Week of Prices „1( Par MARKETS APRIL 7 FOR WEEK ENDED Sales Week's , Last Sale Price 39 Apr Feb 47c 5c ,.ji Apr Gc Jan 8c Apr 22c Feb '39c Jan 6c Feb ' Conduits National.. Coniagas _ __ Ansley Consolidated . • Mines Consolidated __1 _ _ ___ __ 1 ____ Astoria 1 - Jan 33c Jan 7c 6%c Revs Highland-Bell 10'Ac Mar 7'Ac Mar 18,000 Gold Consolidated Bakeries - Beattie Consolidated 8% 2 Duquesne 70c 8% 72c 8 51c 60c 53,400 13,500 85c 72c Consolidated Home'tead • 5c 4%c 5c Howey 1 65c 59c 65c 22,180 ConsoJidated Lebel Consolidated Mining 1 Oro__ l Smelting Cournor Mining Bit Crestaurum r'r'»1nor 93% 95% 163 165 116 1.22 1.14 1.22 8,420 25 23% 1 Mines 1 Pershing Nest _ 59C r»<,«»es Patricia Class Del 210 - _ 1 _ Detta Ltd 30c 303 Lake Red 29 %c 40 Apr Apr 7'A 16c 8% 8 200 13c 10,000 1.75 2.400 63c C5c 3.000 4<v 11c 21.300 6c Jan lie Apr 26 %c 26 %c 2.000 26c Jan 36c Jan 7'Ac 10'Ac _ Feb (John) _____ Lake _ International Bronze, Powders Jan International Metals Jan 6 rC class Dom'nion Bank Dominion Coal Dominion Electrohcme Dominion 30c 39c 28c 95.051 Jan 42c Mar _ 22 23 4,610 20'A Jan 23% Mar Jellicoe 16% 17% 4,135 16% Apr 20% Jan Joburke 27% 23% 27% 355 Mar 27% Jan Joliet Fabrics 22 22 5 5 - 8 Dominion Magnesium __ 13'A 13'A 29% 29% 1,070 11 9% 12% Mar Mar 2,280 _ __ Scottish Preferred Invest 13'A 7'A Feb 12 'A 5 Jan Kglnre Mines 45% Jan -25 Jan Kirkland Jan 37 Apr Kirkland Townsite Mar 12 Jan Labatt (John) Jan Labrador 20% 1,700 37 1,526 33% 11 11 885 10'/e 10 10% 320 58'Ac 58c 60c 23,700 • Dcnneil & Du-ama Gold _ _ _ 8 Mines Ltd 9'A 9'A 9'A 18c 18c 19c U 10 Jan 11% 52c Jan 64c 21,000 15'Ac Aor East East Leduc Sullivan East Apr .Lake Rowan Lake Shore 55,063 10'Ac Mar 5'Ac 5'Ac 5'Ac 5,000 4c Feb 6c Jan 23c 25c 6,700 23c Mar 28c Jan 2.45 2/5 45.ISO 2.05 Jan 2.65 Apr 6.90 6.20 G.95 87,820 4.40 Feb 6.95 Apr 5% 5% 5.% 350 .6% Mar 6% Jan 51 51 250 _ ' Economic Fdriv Investment _ _ _ _ 25 _ Mines __ __ El Sol _ Feb 16% 310 15'A Jan 42c 44 'Ac 10,650 36 %c Jan 31c 26,000 28c Feb 43c 10%c 14c 19,620 Mar 14c 9'Ac 8c 9%c 57,500 6c Feb 12c Mar 61c 4.60 Jan 16 Jan 36% Feb 37c 40c 4.30 8c 6,359 4.10 48c .___1 Famous • Nickel Grain Preferred 1,275 Federated common ____ Class 14% 15% 260 14% Mar 33% 33% 635 33 10 10% _ 600 215 10% Mar 9 115 1.15 1.22 8c 6%C 9'Ac 24,100 5%c Jen 2.98 2.60 3.05 59,375 2.05 Jan * common. _ _ 8 Fasteners common Fleet 8 100 "2 — Manufacturing ... * 100 12% 40 1.00 120 120 700 8 Jan 1.00 3.05 7 Ford Motor class A Preferred 5% 5 %% - ' - Power com. __ /„ ft 32 Tnv, 14c — __ 99% 210 2.50 19.145 2.25 Feb 2.60 Jan 680 17% Jan 19'A Apr 6S% •Gp 109 Mar . — Bakeries Petroleums 25% 98 Fc-b 27 Yellowknife Lake Gold Globe Lake _ __—.—__ Mar 3 Feb 2,300 1.00 Feb 33 4 45 29 '/a Feb 19% 310 17'A Jan 6.45 7.00 16,139 7'Ac 2,000 2%c z 'Ac 11.000 3c 16,300 6.00 Mar 6c Feb 5,090 4C Jan 5'Ac Apr 6c Feb 10 %c Jan 43% Jan 33 20 7.00 Apr Mar A or 7%C Mar 1.0"O 6'Ac 17% Mar 20% Mar 10c 13c Apr 80c Mar Mar 2,100 50c Feb 72c C5c 72c 1.30 1 28 1.36 14c ipu, 19 % 4.70 4.50 4.75 2,450 10c 10c 11'Ac 23.500 3%c 24,600 1.25 14c 1,800 11 %c 19% 310 ' 71 'A Mar 4%c Mar 6.403 10.090 * 1 10 1.07 * Feb 1.44 15c Jan 5.30 3.95 Mar Jan Mar Jan 20 Mar 19 Jan 9'Ac Macho River Jan B .A'—J Madsen Red" Magnet Mar 3c Jan 28c Mar 43c Jan Feb 16c Apr Feb 14'A Jan 64c Jan 30c 37c 8 150 1 5%c 11c 16c £8,165 5%C 13 12% 12% 56c 1.210 1.90 Feb 2.40 Jan 7.75 10,729 0.25 Feb 7.75 Apr 3c 3c 1.500 2%c Feb 3'Ac Jan 5c 4c 2.20 6.90 7.70 2,735 24.190 2.10 >• 13 % •157c 5'Ac 2,500 4c Jan 6'Ac Mar 4c 16.000 3%c 49c Jan Feb 440 15% Apr 17 Jan 10% 25 10'A Feb 10% Apr 74C Jan 82c Feb 82 c 2.300 1.23 1.21 1.24 13.500 1.15 Jan 1.34 5c 5c 5'AC 3.600 4%c Feb 7c Feb 49c 82C 4Pc 51c 3,895 45c J*n 62c Feb 32 165 31 Feb 32 Jan 31 % 32 210 30 Mar 32 P% 9 100 30c 229.650 f.% 29c 2434C 22c 19c 24c 42,610 2.96 2.95 3.10 II.215 19.450 48c 55c 8'Ac 38,500 J Mines—___1 12c 14c 11,500 8% L jx j__i. m -i . Jan 31c Mar 13'Ac Jan 24c Apr 9 ^3 3.25 Mar Jan 44c 80c Jan 5c Jan 10v4c Jan 9c Apr 17c Mar Jan ? 70 3.60 2.85 62,018 2.11 Mar 3.85 Mar 10% 10% 595 9% 'Jan 10% Mar 9 9 9% 6,535 1 3.10 2.99 3 10 48c 3.60 — 46c 49c - 12,100 20,600 7% 2.76 31c 1 9% jpn 3.15 Feb 160c Jan Apr Jan Feb } 3.35 2,C00 9 500 4%c 1 45.355 2'Ac 9 ~9 3.65 2'Ac Gold 5c 1 050 3.65 2.95 Jan 2c Jan 3c 8% Mar 10'/b 3%c Jan 13'Ac Mar • Apr Jan Jan 8'Ac Mar 28c Apr 1 _—— 46.732 % 1 126.250 'Ac Mar lc Apr 6c 5c 7'Ac 20,000 3'Ac Mar 7'Ac Apr 21% Jan 25'/b Jan Mar 28% Jan 21c 24c 24% 20 Preferred 28c % Massey-Harris common 2-3% 27% 28% 4,117 24 % 28% 140 class 8% A—_—1 8% •/ 50 4,315 14% 14% .300 McColi-Frontenac 97 % po'/4 60 —5 60% 61% 2°0 56C 56c l.tno 7 9 26.500 14% common 'Preferred Porcupine Red Lake l7%c Mar McMarmac Mar McWattcrs Gold 61% J 1 8% 27 ' • Red Apr 9% Mar Aor 13c 10'A * A Eastern Grain Feb 31'4 6%c Lake Gold Mines Rights Martln-McNeely Mclntyre 7c Mar 15% 10% * McCabe Mar 15% Maple Leaf Milling Maralgo Mines —_— Marcus 9'Ac Apr 54c 8c Goldfields & Jan 93c 13c Consol Manitoba Jan 1.34 23,500 „ 1 Gold class Export Malartic 17c 1 MacLeod-Cockshutt ClaSS Jen 144.800 1 14 7%c 53c — Gold 3% 9c 13c 1 1 Lake McKenzie Feb 5c 19% 12c 1 Mines McLellan Mar 5c 18% 12c * Jan 5c 465 1 Mines Apr 15c II,000 70 -A—9 Goldfields 65c 3,200 9'Ac • 39c 2.000 9c '?■ Jan 5'Ac * • A A Jan 1 21 Mar , class class F»b 16 %C 16% c 8c Apr 82c 1 Mar 13.300 . 15'Ac 9 * — Lac r>". 63c 39c 8c Mar Jan Mar 4%c 1 57c 59c 32c i 15c 10c 55c 4,520 3 class B 3c %c Mar 59c 39c —1 1.25 Jan 900 1.17 7'Ac . ] 05 1.20 10 7.00 —_1 111 Jan 7'Ac • 41. Mar 2 1 —-1 For footnotes ece pege- 110 520 1 32% 1 _ Gold Mines 5 295 1 Mines Goldcresfc Gold 110% 19% Oil God's Gold J 1.15 1.17 v 4 common __ 35 30% 1.20 __ 4 109 T Jan 76,897. 64 < 99% Mar Jan 285 4 . 19'A Apr Apr 110% 110% 100 4 common Wares 19 108 __100 _ Feb 38c 44,922 v 7c * Mines Red Macfie Feb 99 1,000 — — MacDonald Mar 2.27 • 96,585 19 ♦ 1 1 V v Macassa Feb 27 — __ Steel Goldale Mar 20 »: 29% Jan 12c" „ 8c Jail 20c 1 * Lynx Yellowknife Jan 27 • Jan 4%c Mar 5,COO 1 i.— Hosiery Louvicourt Feb 12c 2.48 10% Jan 8% 2,390 6c 38c 1 »;———1 Gold nioflc . General Slcnora 24 , r- 70 Apr 1 1 — Groceterias Loblaw Feb 50 1.75 Apr 1.05 Mar in • Products Mfg class A Giant 30 148'A 1 Jones Long London Aor 27 • General Gillies 30 Feb 1 Mining Gold Lexindin Jan 12c 100 - A Class 30 _ preferred General 1,965 $ __ _ ExDloration preferred General 28% * Gold. Francoeur Gatlneau 27% * Fraser Cos common Frobisher 27% _ _ B Class < 142% 8c 1 Leduc-West Leitch 12% Mar 1 & McMillan • Apr Jan 105 148% 148'A 9% ^ 9% 69% * Secord Lawson 7'/?c Apr Jan 12% 1.00 120 0 .. 8 12% 1.00 • Flash • 12% _ A 28% 33'A 1 (1945)-— "U" T aura Jan Feb 1-74 Apr 1.21 • __ 10% Jan 1 100 _____ _ _ _ Petroleum Ltd Fittings 14% 33% ♦ 9%' Feb Apr 10c 10 %c * —— Mines Larder 50'Ac Feb 4.05 Mar • Kirkland Federal 10 ..J Players Fanny Farmer Candv Shops Federal 4 5 % Mar TPob 26 5c Mines Wasa Luz Little Falconbridee Jan 29% 5'Ac Gold Cadillac Lapaska Mines Jan 34c Jan 49c Mar 50 1 __— Lapa Mar 34c — 16% 36c 280 68c Lamaque A pi- 1 15% 42c •__ Coip La Aor 16% 31 %c — ^ _ Lake Apr 51 1 _ . . Gold Eureka _ . Pen-Rey El " 45% 14c ___ _ Gold Eldona •'-. —20 Paper class A Elder J— 12 Jan 4,630 9 'A c 15c 40,100 15c _ Mines— Steel Eastern _ Mar 5% 60c Gold Lasruerre 9'Ac 9c 11c Mines Mar 8 Mar 9'A 28% 5%C Gold 1 _____ Malartic 35 7 30% 65c Mines 6'Ac * 5% 11 %c 15'Ac v Mining & Exploration Fortune 12'Ac _ 32% Mar • Dufault 2.58 __ Mar 29% 1 — Lake * __ Apr 25 27% 30% .• V Ltd Lake • East Crest Oil 4%c Jan 5,200 Lake Lin gin an _ Feb 39c — Jan 1 8c : Amphi East Apr 3c 29'A 125 35 30'Ac Lake Mar 24c Jan 5'Ac Mai- Duvay Gold Mines Feb Jan Mar 9% 8'A Mar 100 B Mudge class A ' Apr 200 7,000 " 35, lis Kirkland-Htrdson 22'/b 34 _ 35 38 '.'ac 1 Jan 11 __ 4%C 1,. —1. Feb 36% __ 31% 38c —— 43'A 20% Woollens 27 Apr Keyboycon Mines Ltd..———_ 74 • Mines Apr Feb 31'A 37c Gold Kenville Apr 5% Mar 540 • Donalda 7% 7% 25 V8 * —- f,% Dominion Stores Dominion Jan 30 34% Apr Jan Mar 15 200 —_——1 — 44'A Dominion __ 32 25% 310 J Kelvinator 29% Mar 19% B Jan Jan 13% Mar 80 .— Mining—. Kayrand Apr Jan 26% 20 class 30'A I,755 375 —— Quebec Mines 5% Textile common - 7% 35 • _ 4 4'A 5% 1 _ ... & Coal 9 Mar 4%c „— (1939)-,— 50 common ... Steel Dominion 4'Ac Jan 21 58 347 13% Jan 7 196 31 25%: 47% 2c 25 7% Kerr-Addison Dominion 8 950 38,100 ■ Apr 41% Mar 48% Apr 5 13 50 29% • Foundry & Steel 22 Feb 115 • common Dominion Jan 3 20% 45 — 4%c Feb 49 % 31% 1,; Gold 8 - 44% 2%c 10% Ltd Mines 17% 25 preferred 43% 15'Ac Jan 26% * Mines Jaculet 22% _ 49% 7% Gold Jacknife 37 %C __ Mar 7% —__-5/100 1 _ Apr Mar 6c 10% A Preferred ir _ 9c 4c 25,500 0 International Nickel Co common^ * Seagrams Mines Ltd Jan 24,700 60 49'A com—* Jan 1.80 2 Yellowknife Discovery Distillers Dome 1 . Apr 11Vfe ' —6 __1 Co & Mining 4'A Feb 31% 25 —.— Feb Apr 10 25% 32 > International Petroleum Red Dexter 8c 22% ,13% 1 1 preferred lnglis 11c 1.60 9c 7c Mar 18 Jan 4'A 25 4,096 4c Mar 26 J common.. Ingersoll Machine class A Inspiration 1.70 11c 4'A 10% Jan 9c Jan 1.75 7% 4% 10c 16'A 125 10% 60c Feb 6'Ac Mar 1,000 Jan 6c 7'A _______£1 __ -25 preferred——,__9 Acceptance Jan 24 13% Lake industrial Jan 42c Apr Feb 20% 2 5'A —' ' 8c. 17% 31 10 • Oil f 9%c Jan 58c 5,500 : 24.0C0 8 . of Canada ordinary.5 Bank Tobacco Preferred Indian Mar 2~%c Mar 4,000 21 -__1 _ 13c -.1— • A 4% preferred Imperial Varnish 52% Mar 12'AC . .7 Apr Jan 10c 20% 1 _ 6,500 201,900 30c • -_j__ Jan Mar Apr 13c 20 % $ A Imperial $1.60 25c class Imperial Jan 7c 17c 23%C —| v. § Imperial 125 1 —______—__ 5 class Ltd Jan 65c Jan 48 Hunts Apr 17c Jan 1 B , Apr 8% Feb SPC 17 51 Mines Rio 13C 115 'A 125 B Delnite 3,400 48 125 0 Oils Decaita 3 500 10c Petro'eum Leather 17c 62c Mfg class 9,350 7c. 17'A . Jan 25c Jan /M-L Damh 10'A Homer Yellowknife 1 ,v 8c Hosco Gold Mines r ; 1;- ", 8c Howard Smith preferred —50 Hudson Bay Mining & Smelting——— * 44% Hugh Malartic ' ———1 ' 4c Jan Jan 23 Mar 18c 6% 123 100 D'Aragon Mines Davis 325 .100 . _ Coal Crowshore 1 - _____ 485 1,300 8% " 60c 60c 8c .—• * ______— Hollinger Consol 1.26 Jan Jan 21 26 20C 56c 8% > ■ _ Sarcee & Holden Mar Apr 165 Jan 1.07 Mar 8% l"c 20c n _ 160% 16'AC common . Feb prS, Apr 91% Mar 103 2,806 164 72c 90c 5%c 65c 26c 55c 9c 19,716 » ... Trust Crowo' 12c f,4% common Crown 9c 5 Exploration Corrugated Paper Eox Craig 12c ____100 & Consumers Gas Conwest 85c Mar 18,500 Consolidated 9% Jan Apr Jan Feb Feb Jan 4c 330 61c — Mines Mmri-. J Mines Highwood Consolidated 8'Ac- 8c 1 Hlghridgc Mining ___________6%c Jan Apr 1.15 Feb 1 00 13c h " 25c —_._i Jan 1.50 Feb 1.39 300 9%c 10'Ac 10c A 6 'A 8'A ________ 9c 8% Mar 16% Jan 13% Feb 97 Jan 100 Feb 60% Apr 67 Jan 51c Jan 60c Jan 3'Ac 8 'Ac 9c 1,520 8c 10c J Lake Jan 10c 1,400 8c Jan 10 Vic Mar Feb 9%c Feb 11c Feb Mar 40 (1496) THE COMMERCIAL & CANADIAN RANGE Thursday STOCK8 Week's for Week Shares Midland & 5% 'II* Grain.__.___—"II* Pacific Low ■V Jan 6 Jan Silanco 4c 2,500 3c Jan 4c Jan Silver 16% Jan Silverwood 1.35 Feb 15% 45 1.35 700 •'*•«. 12 12% 1,668 34c 34c 34c 500 31c 19 19 19 125 —_— Modern Containers • common — • 20 20 12 12 1.10 Jan Miller Class 1 Dairies Feb Silverw'd Western Dairies 37c Mar Moneta Mtge & Inv———— Hi Porcupine Montreal Moore _ 14% Jan • Locomotive Corp 39c 21% 16% Jan 20 11 Feb 12% Mar Bladen Malartic Jan 41c Slater (N) Mosher Long Lac _ National Breweries National Drug Preferred 11c 40c 90,000 16c 25,600 6c 32 32 425 8% 9 11 11% 305 23 22% 23 40c 60c 22% > 23 1.65 — 1.47 Alger 640 74,300 1,825 1.67 46,455 Feb 26% 180 59c Car 32 1.41 1.03 Standard Paving common Preferred Feb Standard Apr Apr S ted man 60c 4%c 2,355 3c Bros New preferred .——yj;-~ Steep Rock Iron Mines 85c Mar 48c Jan 43c 49c 10,867 35c Feb 50c Jan 78,600 43c Apr 5%c Mar 88c Jan New Noizone New Pacalta New Rouyn 4,500 344 c 3%c '2,000 7%c 8c > 11,400 3%c Oils--.- 7%c Merger 1.10 Norlartic _j__. —___ 9c 4c 9c 1.00 Mar 69% 2,560 Taku 6644 Jan Denison 3%c 500 3c Gold 70c 161,345 55c Mar 71 Mar 2.75 5c 6,000 4c Feb 12c 19 %c 1,274,700 6c Feb 19 44c Mines 4,200 39c Feb 45c 8c 8c 2,750 9c 9c 10c 7,500 8%c North Star Oil common 8c 9%C 91,000 10% Preferred 10 5% 7 — . Mines Wood 1 2.46 Mar Specialties.. 10% 650 6% 2.80 6C 6% 175 21c 1,000 13,950 7 20c 20c 20c 2,500 Class Orlac Red Lake Tower 6 2.05 Feb 23c United Apr United Jan Upper 44 44 25 7'/a 7% 7% 145 13c 11c 14c 19,000 7c 7c 8c Feb 1.12 1.05 1.15 28,200 1444c 17c 43,500 1044c Jan 6c 6c 1,000 5.95 5.80 6.10 41,980 4.20 Feb 45% 45% 46 516 44% 8 1.00 Mar 17C Jan (Eastern) Pacific Petroleum — Hershey Tubes Porcupine Mines Pamour Western • • Ltd 1.37 1.47 13,540 22c 19%C 22c 30,500 1 Mines Malartic 6c 4c 1 30c 4,650 11c 33,700 Crow Mines Gold Pioneer Gold 1.80 1 Porcupine Peninsular Reef 1 Gold 18% Preston East Dome class A Apr Yellorex 2.05 Feb Yellowknife 18% 7c 6,500 6%c Mar 120 preferred Antonio Mar — 15c Mar 40c 75c Feb 95c Mar 20% 20% 21% 4,390 18% 23% 43c 48c 7,000 42c Mar 97c Jan 40c 38c 40c 10,900 34c Mar 43c Mar 4%C 7%c 6,100 4c Feb 7%c Apr 4c 4c 1,000 2%c Jan 5c Mar Jan 28 25 10% 315 12c 16 %c 15c 11c 28 10'% 28 1.03 Jan 29 Feb ; Mar * 10% Apr 16 %c Apr >>>>>-. k> ■■ .<■ Brown corn- 7c Jan 2,000 7c Mar 14c 31c 5,300 25c Feb •49c Jan 27% 200 27 Feb 28 Jan Sherritt Gordon Breweries Canada Canadian Canada and For footnotes see page 25%c 7% 6% 3.95 6.00 Feb 14% Apr 9%c Apr 18 %C Jan 3c Jan 4%C Jan 18% 18% 19 Jan Jan 26c 22.000 7% 910 6% Feb 7% Jan 3.40 4.10 98,023 2.91 Feb 4.10 Apr 5.85 6.05 3,210 5.80 Mar 7.05 Jan 14 14 . 19c 45 Jan 12% Jan 26c Jan 14 Mar 8c 8c 500 28c 28c 1,500 »25c Mar ■41c Feb 39c 34c '39c 7,600 20c Jan 40c Mar 8.30 8.25 8.40 3,134 45% 43 4544 5,570 8c — • 5 • 5 5 ■ •■> 944 7.90 Feb 36 8c 3,000 94 94 94 *5 56% 56 58 254 1 21c 17%c21%c Jan 4.75 Mar 170 8c 4,900 . 9 8%c 9.50 Jan 6 Jan Mar 10 Mar 844c 94 Mar 94 Mar 49 Jan 58 Mar • 6c 7c Feb 21 %c 1444 10 14% Mar 16% 34 34 50 31% Mar 35 2544 k ' Feb 4644 Mar 14% .ft 14% > v kk' 34 .... 6%c Feb 30 9 8c 100 pfd • 25% 25% Feb Jan Apr Feb Mar 8%c 15 11c 28,400 544c 6c 23% 6c 13.600 Feb 26 Jan 99% 375 10044 100% 1044 c Feb 102 Mar 8%c Mar 4c Jan 6c 644c 5.500 4c Mar • 38% 3844 40 4,930 33% Jan 100 99% pfd__ 4c __ __100 ; 5 100 80 99% Mar 444c 1,000 3%c Feb 120 14% 2.25 8,097 22c 24c 115% 35 2.08 1 120 1444 r_ __ 2.23" • 2,500 10 13 Feb 12c 6c Jan Apr 644c Jan 40 100 44 Apr Jan 444c Jan 120 Apr Mar 2.06 1544 Jan Feb 2.27 Jan 22c Apr 30c 22c 21c 20c 22c 10,330 17c Feb 1 1.03 95c 1.04 48,'950 75c Jan Jan 19% Feb Canadian >;■ k: , :>:>■> .V Jan Canadian Western 100 103% 103% 25 103% Mar 35 35 150 16% 150 97 97 98 35 57 57 255 50% Jan 3.55 3.50 3.65 3,466 3.5C1 Feb 5%c 5%c 7% 25 27c 30 %c 25 6c 7% 19,700 4,500 24% 52 12c • 25% 450 47 48 75 52 52 12c 12c 350 1,500 ♦ 15% 15% 15% 100 1.06 1.06 1.06 1,400 2.33 2.10 27 Jan 35 14 Jan 16% Jan 98 5c Feb 7% Mar Feb 57 4.05 21% Apr 97 5 82% Jan 97 3.95 3.85 4.00 3,950 344 Feb 43/b Feb 98% 98% 99% 80 Jan 8.60 250 Apr 104 9% Feb 8.35 22' 22% 1,390 22 Mar 22% Feb 105 12 Jan 14 Apr 55 39 Jan 48 Mar 21% Feb 24% Apr 2% Jan 544 Apr Apr • 46% 46% ' 24% 24 "2 24% 110 —1 4.75 4.20 5.25 12,655 • 113% 104 114 1,400 Lumber • f 3.95 3.90 3.95 7,300 10,445 17% Apr 43.514 32c * Jan 15% 15% 153/4 115 12 Jan 16 Dominion • 43% 43% 43% 475 40% Jan 44% Jan • 3.90 3.65 3.90 14,650 3.15 Jan 4.00 Feb • 34% 34 3434 Foothills Bridge Oil 52% Mar 22 477 20 Jan 22 21% 290 19% Jan 21% Feb Oil common— Selections Feb Pend Price Jan Southwest Feb Paper Utilities Minnesota & Ontario Paper Ogilvie Flour common. Jan Mar 505 60 " k 57 Jan 61 Jan 22 % Mar 45c Mar Apr Jan Mar . International 21% 3.95 Mar 42c International 2.38 Jan 114 22 % Jan 48,481 3% Jan 33c Jan 2.33 89 Jan 59% 253/4 1.20 14 46% _ ; Hayes Steel 15c 14 , » com. common 8.35 20% Jan 16 k" 22% 92 Apr Apr 60 48% Jan 26% 97 41c Apr . Jan 97 • 21% Feb 1.91 2434 • Mar Jan High 490 • 8 Jan Low 26% • 23% 1.05i Mar Range Since January 1 High 26 Sugar Morse Industries 32c 14% Low 26% Canada Westinghouse Consolidated Paper 6%c Jan 10c Shares Dalhousie Oil Disher Steel common Apr Mar 47 51% Mar for Week • • Fairbanks Canadian Range of Prices Par 104% Mar. 85% 25c Apr Apr I_1 Vickers 14.500, 1,140 1.04 Sales Week's Last Canadian Marconi 17% • 19c __ 1 Vinegars 8.851 64,500 21 41. • 1 Dominion 45,034 • Voting trust certificates 4.30 —5 3%C 1 common 22% 3.50 Mar Bulolo Gold 14% —.50c Sheep Creek Gold 20% Mar 19,250 Jan 3%c 1 Shea's Winnipeg Brew class A 205 4.30 Preferred 236,900 9%c 10 %c 50 Shawkey (1945) Mines 21 3.75 common 11% —50 series B preferred 21 4.30 100 Co 3%c 30c rower Apr — Asbestos Corp British Columbia Pulp & Paper com 28c __ _ Feb 1444c Canadian Funds 27% 31c 27% . Jan • Thursday 11c" 7%c * „ 11c .11,500 Jan -25 STOCKS 9%C 1 _ 11c 1444c I 13% Rouyn Ltd 19% Mar 59c Feb 1.35 Mar Apr 9% 57 Mines Bridge 35c Jan Sale Price • 1 Feb 14% Jan Feb 45c —49 Gold__ Mar 15c 3,010 - Toronto Stock Exchange-Curb Section 203/4C Jan 12,900 __ 45c 5,600 9,600 25c 1 8% Jan Mar 165,291 99 Mar 48% Mar 82c 16% Bhawlnigan Water & Sicks* Apr 30c 1.31 _ _ 4%% 2,700 47 8% 79c • Mar 20 55% Mar Mines 1 St Lawrence Paper 1st pfd 2nd preferred Preferred 5,500 Bear • common 13c 32 Apr 30 Mines 1 Saguenay Power preferred St Lawrence Corp 1st pfd Benato* 15c :16%c • 50 k Feb 1.21 —10 Industries Sannorm •„ 47 38c 6% 82c * Co 25c Jan 18 28% Zinc ' 1.29 1 Royallte Oil Sarnla ■ 1 Roybar Chlbougamau Rupununl Mines San 47 — ______ 48c 5144c 18 44 __ Feb 50c 25% 7%c Mar 6% * Lac 15 Jan 7c * common & 1.71 Jan . Eank 2nd 17% Lead 17% Mar 35c 1 Robinson Little Russell Yale 50 73c Oils Apr 1 Gold Long 18% 1 Regcourt 1,240 Jan ; Combing Wrlght-Hargreaves • Reef Petroleums Ltd—.— 39,400 18 _• Wool 6% •V Mar 33c 31% 18 51c ♦ James) Feb 1 : & 1.05 1.10 Feb 1 Quemont Mining Quesabe Mines Ltd (Alex Jan 4,750 7c 1 s 24c 29c 18% _1 Mar 12% Jan Jan 100 76c Jan Apr 9c 7c Jan Preferred 85c 350 12% 700 3,200 Mar Jan Winora Gold 3.000 17% Feb 10% Mar 12% 8%c 30% Feb Apr 1.92 1 Rochette Gold 82c 48 Jan 12 30c 1 3,300 15% 173 Jan 52 ; 82c 2,943 Jan 11 28% common 92c 18% 167 30% i &■' 4%C Jan Jan 25 200 11% 12% __100 Feb 42% Mar Apr 1.36 26 common Wingait Gold Winnipeg Electric 1.95 17% 47 Labrador Manitou (George) Winchester Larder 680 Mar 844c ._ • Preferred Feb 545 Feb 25c 80 Wiltsey-Coghlan 1.85 ___10 Queenston Gold Roxana Jan 17% -_-l common Gold Royal 63c 12 %c Mar Jan 7,900 •11c Jan Jan 1.85 Preferred Roche 34c Apr 48 Feb 65 Western Ashley Minerals.. 3.45 75c 172 17244 6c 185 Lk— Canada Breweries Western Grocers class A 17% 1 Silk 11,500 1.01 28% Western 3.60 16% * Riverside 1244c • Jan 17% 1 _ Proprietary Mines Purdy Mica Mines Purity Flour Mills Reno 6,000 20,800 5444 Products 80c • Quebec 9c 1 Apr Jan Apr Apr 27% (G & W) 85c _____ Corp Quebec (Hiram) 3.15 3c 3.65 22c 1 1.75 1,233 11% Feb 2.92 1.12 ______—.1 ______ 3.00 Mar 4c Apr 107/a Mar • Mines Apr 47 47% —^1 certificates Quebec 725 8,550 7J/4 8c 1144 Feb Jan 31 Feb 27 Amulet Wood Powell Rouyn Gold common ___ 4,975 47,803 1 Westeel Feb 50 3.65 > Wesley Mason Mills 544% 7%c Jan 1144 6 k 28% . Jan 74c • Metals 1.80 3.30 3.60 28% Mar 115 54 44 Mines Feb 4c 1 River trust 1.75 3.35 3.50 _ _ 3.25 —— » __ 80 . Jan 5444 . 1.58 29 %c Feb 46c 1.66 14 %c 27% . Waterous Ltd common.. Class A 5c Apr 3%c Mar 55c 1.45 Feb 3.30 ♦ dS 24 %C 7%c 53c Apr .1-55 Wekusko Consol Feb 10 %c 12c —.T* k__ Feb Feb 11c Pressed Mar Jan 55c Power 7C 3c 1 Voting Walte Walker 6.15 Mar 2c 1 _ — Jan ll%c Mar 1144 ; Apr Jan 4,500 i __ Apr 50c 3c 10,917 ■» 29 , Mar 5c 3.20 Mar 1.01 • preferred _ 47% 6,000 • Porcupine Mar 6,500 *31,280 Feb 40c 2044c 1 .... Weston Gold Powell Feb 9,500 32c >> 57,600 18 Vulcan Oils 5c Piccadilly Porcupine Oil Jan 7%c 29%c 11 2.31 9c • Manufacturing Violamac 3 %c Pickle Polaris A Jan 3c 7,700 7 44 .. Resources Vicour 4%c — —1 Paymaster Consol 1.30 Viceroy Feb Apr 19 Vic Mar 1:23 Jan 17c Jan 10 3%c Jan 1.07 ; Hill Canada Feb 3c ____1 Partanen Malartic Perron 1.45 Oil 4%C -i Feb Feb 1. 1 Steel 8c 7% Jan Jan 300 - 744 .. A.. Oils 8c 1 Parbec Keno 3%c Feb 544 4 22 2.99 2044c 1 Class B preferred 23/4c Jan 14c Mar 17 % 21% 14,200 >, 28% — _• - class 54,800 1 Mines Paramaque Fuel United Mar Osulake Pan United 6% Mar Oslsko Lake Mines Page Jan 2.24 Jan Jan 75c Apr Feb 59,570 12c 1244c 3.55 100 common 2644c Jan 844c Jan 644 Feb • _. — Mar Jan 44 Apr 2.-25 ■ 1 class Transcontinental Feb Mar Jan 92 Feb Apr r'>20% 69,600 . Mar • Finance 42,710 3,700 Jan 20 950 - T 1 : Class A rights Feb 1.60 Mar 5% - __ * Petroleums Traders 8c - Mar 16% 1044 Jan Mar 4c 1 1 —... Pacific 1.62 — .• 5%c —* Xad. Orenada Gold 1.54 common........ Ventures Ltd Orange Crush Jan 63c - 2,100 11 12c Union Mining United Corp class 'A—— Class B 39 11 ■ 1.55 Exploration 3%C • —; Jan 86 250 2.90 1 A 4c common... 8% 3,100 12c 11% Jan 17c 63 %c Mar - 2144 10c Gold 5%c — 2144' 2.55 11 • 6 2044 2044 2-86 • 20c 12 %c Mar ■ 11c Union Gas 544 Mar 1.95 "' 48c Transvlslon-Television 8c 1.79 Mar 6% 1744 • 45c 944c Jan 105 21c Omnitrans Exploration Ontario Steel 2144' 2144 47c 1144c Jan 8,210 70c 17 Mar -< 5c Jan ■10 69c __ 17% 10 51c 3,005 3.20 Feb 53/4 1.70 Gold Omega Feb 7c 1.92 21c Malartic 4% 6 Vac 5% 1.90 Oils O'Leary 795 63/4c Feb 1.86 1.91 Ogama-Rockland Okalta 644 .• ... Oakville 644 • — 10 Towagmac Jan _ Mines Gold Feb ' North Inca Gold O'Brien Apr 33 common Toronto Iron Works Apr 45c 17 Jan 2.95 Torbrit Silver Mines Jan 2.59 45c Jan 27% 444 c Mines Pearson Tomblll 344c Jan 70c 4%c .4. 13% 225 • Preferred Feb 5c 14,015 5,035 3.20 X. Teck-Hughes Gold Mines Thompson-Lundmark Jan 2.75 19 %c — 35 17 33 1 j. Tamblyn Ltd Mar 1.18 Jan 60c 92 32 1 River Taylor, 444c Apr 6044c Apr Jan 935 Jan 17c 2%c Jan 40c 1.10 92 15% 33 50c Sylvanite Jan 1044c Jan Jan 3%c 68c Northern Canada Mines North Jan 744c Apr 4c Feb 683/4 «v ■ Mines Northland 3o 5c Apr 2,500 -1.820 - 944c Mar Feb Mar 38 22 17 100 Toronto General Trusts Mining Gold Norseman 7,500 260,200 3c 1.00 69 Mines Normetal Norpick 4%c 50c 60 %c 59 %c Mines Norgold Mines 1,500 61,175 3%c — Mines Nipissing Mines Noranda »7c; 744 c 13%c 15%c 15c Yellowknife Nicholson • '■ New Thurbois Nib Jan Superior Oils Ltd 6,000 Feb Feb ■.'■'*_. 25 Surf Inlet 55c 32% 2044 75 1044 ,____1 Sullivan Cons Mines 744 c Apr 10 1044 • commpn. Sterling Coal Sudbury Contact Jan 1.32 Feb 91c 53c • Apr Mar 3%c ::: Jan 36c Apr Jan 12c • Mar 66c 7c 195 100% 31C Mar - ■■': Jan 67c 6,715 215,250 - Apr 27 11c 1 7c 7%c Mar 31c 43c 98% Jan Jan 52c • ; new 16,500 74,924 3%c 22 Mar 7% 96% *30 12c • Steel of Canada 22,600 7c 37% 22 Jan Jan 53c • .100 ... 80c 3%c 3744 - 6% Mar 92 355 > 32c 22" • 10c Mar 8,933 3744 508 -91c ■. 48c Gold 98% 30c 78%c - 9% ' 70 %c Marlon 98% , Starratt Olsen Gold 43 %c New 24 295 • class ' A 80c Newnorth Gold 805 88c & & Jan Feb 1.08 1.68 Radio 48c 47c 25 ...,v 10 • New Ooldvue Newlund Mines 2444 30c Mines New Dickenson Mines 44c 26% Mar 98% 1 Brazeau 95c New Jason 20 720 • Feb 2344 Mar Feb 1.00 Jan 23 Jan 444 c —— Mines 6% 2944 20 11% Mar 10c 10 9644 1 Co common 944 Mar 1944 Mar Jan 29 1 i Standard Chemical common,,.. Preferred a ' Bldlamaque Calumet 37 Jan 24c 91c ' 644 25 Co Stadacona 1244c Mar Mar 22 South 57 %c Mar 8'/a Mar 107/e Southam 27% Mar Jan 8%c New New Jan Jan Jan Jan •78 Feb 20% Feb 75 38c 48c 9644 —100 Preferred Apr £ 22% Jan 22% Petroleum Steel Mines 27% 270 9 com. Hosiery class B National Negus 275 944 c: 12 %C 11% National New 1,910 32 common & Chemical 21% 76% 28c 38c 1 . 33 %c 27% __i Mines 8,670 75% 2744 Mylamaque "41c Mar 65,550 - 20c __ _. • * 21% II* common Preferred National 36c 65c 7344c 9% High 15,400 — * Class B Mar Low 29c 644 pfd___:—100 Siscoe Gold Monarch 25c • Simpson's Ltd class A 19 Apr Range Since January 1 High • i 15 12 72c class A B 13% Mar Shares Low 2744c Mines Feb 12 for Week —1 ■: 70 20 * Class A 15% Mar Mining Sales "Range of Prices Par 5% 1.25 Corp Model Oils High 2,035 15% • Week's Last Sale Price • 6 3%c ■ STOCKS Bsnge Since January 1 High 5% ' Milton Brick Mining Low • Mid-Continent Oil MARKETS ENDED APRIL 7 Thursday Range of Prices Par Mills LISTED FOR WEEK Monday, April 10, 1950 Sales Last Sale Price Mercury FINANCIAL CHRONICLE Twin 27 Feb 36% Mar % 42% 41% 43 1.460 Jan 43% Mar .5 23% 20% 23% 5,026 19% Feb 23% 19 18% 19% ' 800 17% Jan 19% Mar 20% 20% 20% ; 75 19% Mar 20% Mar 4 %c 4%c 500 5.40 1.050 37% Apr * 5 • _* Oreille ' 5.40 5.05 3%c Feb 5.05 Mar 4%c Mar 6.00 Jan " Bros *• • * Pete City Rapid Transit Yukon V 150 Consolidated corn- 71% • .1 60c 315 33c 33c 100 -12% 33c 74 12% 200 60c 60c 1,000 ... 63 % 30c 8% 57c Jan Mar Jan Feb 74 Apr 40c Feb 13% Mar ^60c Mar Volume 171 Number 4897 / • THE COMMERCIAL & FINANCIAL CHRONICLE (1497) OVER-THE-COUNTER SECURITIES Quotations for Thursday, April 6 Investing Companies Mutual Funds— Aeronautical Par •: Securities Affiliated Fund Inc Amerex Bid 1 1"% J i Holding Corp 10 _ Fund Inc__ 1 15.78 Beneficial Corp 1 Holdings Corp Bond Inv Boston Tr of Fund 1 America 9.08 17.15 6% 2% Business 98.91 21.87 Net value—-. asset 10c 9.28 5 17.38 1 Chemical Fund 37.25 1 —; Christiana Securities Preferred 100 Commonwealth Investment 3.08 21 lc 4.01 4.24 lc 4.20 Dividend Eaton Shares & 31.32 13.42 14.51 14.11 15.33 Stock Fund Financial 1 27.89 1 18.64 4.07 4.28 5 28.12 Inc_l 2.04 . Corp_—_ Franklin Custodian stock Common Group __lc 1 6.12 lc 5.40 ' Ijnyestors Inc Fund Inc 16.94 Chemical 5.10 lc 6.56 _lc 6.54 *_lc 6.90 7.57 11.64 lc 5.11 Fully administered shares—lc General bond Industrial Machinery shares Institutional bond shares 8.17 lc 7.29, Priced lc shares.. 8.87 Mining 6.05 8.24 1 4.92 8.15 8.93 lc 2.57 RR Equipment shares— Railroad Steel Tobacco Howe Plan Income shares— lc Group shares 9.87 lc 10.81 79c Insurance Group shares. lc Stock and Bond Group—lc Investment Co of America 1 88c 1.11 1.22 12.82 14.05 10.25 Trust of l 8.39 9.19 Investors Management Fund 1 15.35 15.68 Keystone Custodian Funds— Bl (Investment Bonds) I 27.57 28.84 1 23.91 26.09 17.16 18.81 11.24 12.32 Pacific Amer Investors com__10c Putnam 31/2 2.55 2.79 11.41 12.34 21.33 22.63 6.17 6.76 55.50 58.00 State Street Investment Television*-Fund Inc Trusteed Union Corp_* Knickerbocker Lexington 13.89 5.64 1 5.10 Series -B. Fund Fund 2.53 3-49 7- 3-50 bl.35 1.15% 1.30% 11- 1-49 8- 1-50 bl.35 12- 1-49 9- 1-50 bl.35 - i — United States Bid 13, 1950 20, 1950 53.15 Aetna Insurance 98 % 18.47 10 61% 63% 10 60 62% 25 75 1 20.30 1 7.61 American Alliance 10 25% 27% American Automobile __4 51% 1 10.25 11.14 10.93 11.15 1 18.34 20.01 1 17.38 18.69 1 3.76 4.07 _5 16% 5 26% . American Casualty American Equitable Assur American 61 25 Automobile 10 2.26 2.57 1 4.14 Amer Trust Series Shared 1955 Series 1956- 1— ; . 1 y ■■■■jy • ;• 2.44 Z Bid 36 104 Maryland Casualty common $2.10 Prior preferred $1.05 Convertible preferred—5 1.10% bl.16 1.10% May 25, 1950 22 % National 33% National FJje' 63% National Union Fire— Casualty (Detroit) __10 the Bank of New & Fifth 68 70% Northeastern 36 100 10 Firemen's Fund of of Frisco Newark National & First National 101% Harris Trust 47 19% 20% Co_ ,—5;,. 27% 120% 7% 8% -3.33% 25 71 10 26 % 1141/2 15 76 67% ,r. 92 Reinsurance _i:5 Providence-Washington 70% .£-.10 Phoenix 69 10 89 .y* 37 10 Trust 42% 39 6% 55% Bank & Trust 21% 10 32% 100 300 Commetce-;» 10 Irving Trust Kings County Trust Lawyers Trust 29 /$ 18 100 1,510 25 Trust Co 100 41% 20 Co Inc City Bank 56% 270 23% 309 32 /b 19 48 93 % Trust-17% 42% 94% 7% 640 Accident ■' 5 10 ' ^ ' '' (N Y)_ , r. 32 360 National City Bank 16 35% 37% 10 38% 40 Trust iw™!* "eirou National Bank of Detroit " . , , Pittsburgh Farmers Deposit Natl Bank—100 295 Mellon Natl Bank & Trust—100 PphdIp^ pir^f" 20 & TruSt a 285 300 37 37 39 83% 85% 62% 65 28% 29% Nfltinnul t-us? & 20 - Portland " „ T „ , Flrst National Bank 12% United States Natl Bank——20 _ San Francisco 8% Bank 670 of Amer N T & S A— New common " Tel 27/s8 Oregon Bid 6.25 Security Issues Ask 1979 Power 102% 103% 1974 105'A 2% s__ 1979 102 103 103 Duke Gas Edison Power 1984 2%s 1985 2%S Service Co -1979 101% 104% 101% Hartford 102 N Y State 101% Public Serv of Indiana 3s__1979 104 102% 78% 81% 5 33% 5% 35% 7 Pub Seaboard Surety 10 56 5 51% 53% & Republic.— 5 & Rutgers Fire common_5 36% 14 % Security (New Haven) Springfield Fire & Marine lo 13% 35% 10 45% Standard 38% 20 104 19% 105 1949) 100 107 20% 108 Ser & 1st pfd—25 28 Vo 28% pfd—100 108% 109% 4.40%—100 133% Lgt 4%% (Colorado) Corp 2%s 1970 101% Stocks— Par Blackstone Valley Gas & Elec— $4.25 preferred 100 Bid pfd_100 107 106 Hudson Gas & 108% 102% Rochester Ask San Gas & Elec— Diego Gas & Elec— 4%% preferred —20 21% 21% 106 Elect Island 4.90% Edison- preferred <v —100 106% 108 47% 17% 53% 37% $4.75 preferred series G—100 Gas Central 22% 32 52% pfd_30 & Gas— (series $4.80 redeemable Penn Pwr 18% ' 2 pfd__50 103% 1969 68 17 Ask 107 Pacific Gas & Elec Co— United 64% Bid 106' 105 Tenn Gas Transmission 3s__1969 Elec pfd 102% 101 % 3.90c Kentucky Utilities $4.75 pfd-100 104 Niagara Mohawk Pow 2%S-1980 Electric 100 Maine Pub Serv $5.50 pfd 105 103% Par Light— preferred Iowa Southern Util 5%% 4%% 2%s Power & 4.28% 103% Lgt Si Power 2%s Detroit (Continued)— Delaware 102% 102% Conn . Stocks 106 Staten Corp Republic-X Texas)- 350 625 30 97% 12 „„„ 350 44 % 100 600 \ 100 58% 46 Trust & 335 238 20 43% 276 90% Trust 100 100 Savings National Bank 1,540 25 Guarantee & / 94 * Co 34% 12% Bank & . Cleveland 1,300 —25 Trust States 111 10 0,,/ 230 Cleveland ' 38 108 100 1,240 & 66V2 36 50 Bank (J P) 641/2 7% 16 Trust National Nat'l Ask , ' Central (White Plains, N Y) Empire Trust York , 225 91% 100 Northern Trust Co n. 53% 213 Mnrthora 44% . 20 Bank Pub Serv of Okla 4.65% 142 21% 2nd preferred Great Ins 65 St Globe 44% 12.50 Indemnity Co Peerless Casualty Co ^ 98% C°ountyX<SlrtC?^ & TrUSt"2° Fiduciary 100 National Bank & Trust—33% 48 154 1 Federation Bid SSSSSS wSKrTr„ct 353 46 149 Bank Bank 42% 30 General Reinsurance Corp Glens Falls Globe 40 % 2.50 Pacific Preferred fireman's 39 38 Phila 338 10 Central Hanover Bank & Trust 20 Chase city Natl Bank & Trust —100 Trust Indianapolis Pwr & Lt 2%S-1979 Fire Par 27% : Avenue Brooklyn 26% ' York Bankers Trust Calif 64% 10 - Companies Ask Central Maine Power 27/sS__1979 32 37 5 10 Fire of 30 2 _10 Bid Manhattan Co-10 Bell Telephone of Pa 3s 9% 62% Amsterdam Casualty 78% * 8% 5 10 75% 10 1.10% Chicago of 25% 32 : River Northern 10 1950— 1.C York Recent 32% North Federal 1.04% bl.16 Par New 24 30% 4 24% Fidelity & Deposit of Md 1.08% July 6, Associated 30 40 bl.16 bl.16 54% 5 63 1.08% bl.16 52 5 Assurance 21 38 1.08% bl.16 1.08% 1950 Bonds— Merchant -Fire 31% • bl.16 1950. bl.16 20% 17% 10 1950. 8, 18, 19% 28 22% Employees Group Assoc Employers Reinsurance / Massachusetts Bonding Pacific Assn 10 York Connecticut General Life——10 Continental Casualty Crum & Forster Inc 1, June May 55 1 Hampshire Fire^r-. 5 Ask June 1950. 108 20 New Fire Bid 1.02% 1.04% 38 10 ,o£ North America Jersey Insurance of N Y 109 , Treasury Bills Ask 5 New 10 — Camden 1.25% 1950. National : Par 62% 25 Boston 1.20% bl.35 15, United 59% Bankers & Shippers bl.35 2-51 22, Title Insur Co New 1-50 1- June Morgan 18% 65 12- 3-50 June Manufacturers rli 16 62 1-50 4- 1 June 29, 1950— 01 1 Merchants.^ "Mfrs American Fidelity & Casualty__5 American of Newark ^_2% •"*. American Re-Insurance 10 Surety / 1.20% 1.06% Guaranty Trust Independence Trust Shares 54 % Life bl.35 1.06% Stamped 1 78 Aetna 1-50 Ask Continental Bank & Trust— 6.52 8.75 Home Agricultural 11- bl.16 Chemical Insurance Companies,, 10 1-50 bl.16 1950 Sterling National Casualty & Surety 2- 3- bl.16 4, Commercial National Bank & Trust Co. 7.60 <'V 1.30% 1.30% 11, 1950_ Public Aetna 1.15% May May 'A t Unit Type Trusts— '■** Ask bl.35 April 27, 1950 New Bid Ask 2-50 bl.16 13.04 ' Diversified Trustee Shares— Series E 2.50 , Par Bid 10- bl.16 83c 1 ^ - Due 3-50 1.15% First North Dated 1- 1.30% 1.15% 1.30% 74c 1 Wall 2.77 Rate 1.30% 22.0& 25c series A Union Preferred Stock Fund Union Common Stock Fund United Income Fund Shares 5.59 25c Fund Trust 10- 11.96 Industry Shares Bond 17.32 5.16 1.30% Bank Amer Shares 2% Shareholders Trust of Boston__l Sovereign investors 1 32.30 12.73 1.15% 17.33 Selected 26.05 Stks)_l Stks) 1 bl.35 Banks & Trust 16.12 53.15 15.87 com 1-50 4 _• 23.88 com 6- 22 l 30.52 (Low Priced 1-49 26 1 Stks)_l (Appreciation .9721 12.44 241/2 *45 5 5 Stks)_l Stocks) 1 S-4 99.9576 9.40 11.35 ; Wisconsin Investment Co__ S-3 1, 1951 ,'vvW*i- 11.04 pfd 9- April 17.59 common 1.15% April 8.58 . 19.00 com Ask bl.35 6.95 17.41 (Quality Bid 1-50 9.36 6.34 16.12 (Income Due 5- 12.12 1 10.11 Appreciation S-l .0294 .9849 U%s Jan. 1-49 8.54 equipment 1 K-2 S-2 Dated 11.06 G.36 1 (Speculative 100.5 8- 11.20 5.80 1 (Low Priced B-4 K-l Bds) 100.4 4.75 Railroacb7l____i._i_t_v:ii____l Bonds) Bonds) B-3 Grade .0267 tl%s Oct. 1.35% 11.49 9.70 (Income pfd Stocks) (Medium .0225 100.0199 100.0077 99.28 100.0167 Federal Intermediate Credit Bank Debentures Bate 12.49 10.48 1 Street Investing Corp Wellington Fund Whitehall Fupd Inc B-2 1955 10.22 Series' C Boston l%s March 15, 99.27 14.22 SI.50 preferred Petroleum & Trading 11.14 1954 — .— 11.59 4.33 11.40 8.85 •.'.■/•.••TV "'r -r 1, 1950 13.15 Utility 4.95 1.95 1, 1950 tl%s July 100.1 1%S March 15, Ask Indebtedni 100.1 1,1951 10.01 1 Scudder, Stevens & Clark Fund Inc...(net asset value) 25.78 Bid of 13.63 10.92 1 6.92 1.80 Maturity— 100 12.98 L__ ;6.31 23.85 "B" 100 1 lc _5 Ask Certificates 1951 1%S Oct. 12.00 (Geo) Fund Republic Investors" Fundi' 10c 1 tl%s June _i 5.11 Fund 100.6 100.1 1 — 4.65 4.58 100.2 1957-1955 1, 100 1 stock lc 1 9.13 12.44 5.68 Inc.. 8.76 12.83 1 5.35 Fund 7.99 11.71 1 4.01 Group Investment 1 1 stock 5.17 Foundation Bank 7.56 4.87 __, Bid 11.-15 6.90 3.65 Incorporated Investors Institutional Shares Ltd— Aviation 10.17 lc Utility shares 4.57 17.45 1 lc shares l%s July 7.46 16.23 1 shares—lc stock shares Oct 1.35% Fund Tobacco ; 2.83 Maturity— Treasury Notes— 4.16 4.18 Steel 5.40 lc Railroad Bond Shares 1961 100.2 U. S. Certificates of Indebtedness 5.32 3.81 Railroad ' 9.03 __lc shares 4 87 6.83 Stocks Inc— Pacific Coast Invest Fund 6.64 lc shares Petroleum ? 1 Public 9.72 lc Merchandising shares a Gils 9.97: • Low 1 Metals 7.99 9.50 102 3.28 Series Machinery Merchandising 8.55 lc Investing Company shares 3.00 Insurance 5.61 7.45 7.80 shares—__lc 101.26 l%s 119% 99.28 1955 1953 7.46 Diversified Industry 1 Diversified Investment Fund.l Diversified preferred stpck 1 Electrical equipment __C1: 1 8.67 f 10.63 118% 1953-1951 1, 4.80 Corporate bond series 7.17 7.91 99.24 1, 7.17 Chemical 7.20 lc shares 6.56 Building supply 7.86 Electrical Equipment shares.lc Food 7.56 1 Aviation 5.51 7.17 shares 6.92 6.83 Bank . shares 1 Agriculture ' Building 10.79 4.39 England 58.87 1 Aviation shares 9.98 1 York 18.31 54.75 lc Automobile shares 1 Automobile 1 Agricultural shares 15.37 1 New 17.29' 1 Corp Investors Trust— Securities— 16.81 14.31 Series New 5.91 15.78 .12 Capital 15.21 1 Selected Group Series l Low Priced Com Stock Series 1 6.71 Ask 99.20 — Feb. 1%S July 1 1951 "C" wi 1 Industrial Stock Series Funds Inc— series 1 Stock Series 6.00 r Industries General 5.40 series stock Fundamental General 1 Inc Fund Speculative 2.24 32% Boston series Income 30.40 * 30% _10 of PreferredJStock Series 20.02 20c First Mutual Trust Fund Preferred Fund Low Priced Bond Series 29.88 a. __ Bid 1952-1950 Dollar Price National Investors Corp National Security Series— , Panama Canal 3s Trust— of beneficial interest 1 Investors 2nd Fund Inc_l Bond Industrial Fund Boston Investors Balanced 1.76 1, 100.5 4.67 Nation-Wide Securities— Howard— Equity Fund Inc Fidelity Fund Inc_ Gas 1.60 25c Balanced Fund First 6.43 1%S May l%s Jan. 100.2 8.14 28.97 point a Bonds— 2%s Central Bank for Cooperatives— l%s Feb. 1, 1953 4.63 7.43 , Mutual invest Fund Inc 16.17 100.2 Bank 4.42 lc shares shares Mutual 22 % .... 14.71 100.2 100 82nds of more 3.40 Mass 142 5.92 1 Consolidated Investment Trust_l Fund 1 Delaware 4.53 lc Ctfs 17.09 137 4.11 Manhattan-Bdftd Fund Inc__lOc 4,900 100 or Federal Land 4.18 40.05 15.80 4,750 100 com 4.26 3.73 Mass 1 3.86 Petroleum 21.95 1.35s Sept. 15, 1950 1%S Feb. 15, 1951 one Ask , Other Issues 3.95 shares, lc 3.79 Steel * Century Shares Trust Bqutpment Bid 49.06 3.58 3.38 18.79 20.03 " lc ,Home Furnishings shares 9.29 - 49.06 33.78 lc 23.64 Bowling Green Fund Inc— Broad Street Invest Corp Bullock Fund Ltd__ shares 33.78 Non-Ferrous Metals Paper shares 103.03 1 Federal Home Loan Banks— Electrical Equipment shares_lc General Industries shares__lc 3 * Inc Automobile ; 6% Figures after decimal represent Ask Fund— Value) » Loomis Sayles Second Fund— (Net Assfet "Value) 10 Managed Funds— 4.29 8.40 _5 Axe-Houghton Fund B___ Blair 3.97 Bid (Net Asset 38 % . • Par Loomis Sayles Mutual 4.70 37 Obligations Of Government Agencies Mutual Funds— 6.65 4.34 American Business Shares_____l Axe-Houghton Ask 6.06 American 10 15% 15 97 __5 31 Paul. Fire 100 32% & Marine 10 12% Accident 10 Fire Hartford Fire 10 119% 123% Hartford Steamboiler 10 38 % 40 % 10 34 36 98 37 % 4.75% S Fidelity & Guaranty Co U S Fire £-_— U. S. Guarantee Westchester Fire 2 _4 10 2 462 53% 68 100 106% Tenn Conn Lt $2.04 & Pwr $2.20 pfd preferred • • 55% 52% Gas Transmission— 56% $4.65 53% 4.60% preferred preferred 100 ,————100 106% 107% 106 106% 39% 477 55% 71 78 82 21% 23 Odd lot sale (not Included in year's range). bBid yield price, d Deferred delivery sales (not eEx-Interest. fFlat price, k Admitted to listing on N. Y. Stock Ex¬ Admitted to trading N. Y. Curb. rCash sales (not included in year's range), t Exliquidating dividend. (Un) Admitted to Unlisted Trading privileges, wd When delivered, wi When Issued, x Ex-dividend, y Ex-rights, z Ex-stock dividend. a —100 preferred 102 w Travelers U Hanover 33% Included In year's range), change. n •No par value, tin default, tThese bonds are subject to all Federal taxes. 41 42 COMMERCIAL THE (1498) & FINANCIAL CHRONICLE Monday, April 10, 1950 Week Ended April 1 THE COURSE OF BANK CLEARINGS Bank Preliminary figures compiled by with increase compared week will show an clearings this a . Third ago. year based upon telegraphic advices from the chief us ■- - ' . 1950 >; Federal ;-V ■■■>'.:■ : Reserve ■' 860.859 904,578 1.023,297 1.099,183 961,821 1,025,174 4,294,740 3,301.074 943,000,000 909,000,000 Bethlehem Chester —. Lancaster possible to obtain weekly clearings for all cities of the United States for which it is $ Inc. or 1947 1948 Dec. % $ S District—Philadelphia— Pennsylvania—Altoona Saturday, April 8, clearings cities of the country, indicate that for the week ended 1949 $ -W-i ■ « Philadelphia Reading— 4.8 — 974.038 889,726 6.9 1,016.611 883.864 6.2 1.260.946 1,068.055 + 30.1 3,634,218 3.329.701 + 3.7 — — be 6.9% those of above the same week in 1949. total stands at $14,400,951,666 against $13,486,862,690 for this center there is gain for the week ended Friday of 14.0%. a Clearings—Return 4.186.919 2,543,693 2,323,666 + 9.5 3,090,61.7 2 046.099 3,701,036 + 8.4 3,774.766; 8,160.630 + 16.1 9,421,402 7,097.646 9,509,016 9.3 8,135,316 5,627.928 3.3 1,053,624,924 822,246,298 4 ftl 1 T7Q 1949 1950 $7,074,097,338 537,118,783 + 13.2 Philadelphia 782,000,000 891,000,000 Boston 451.039.813 448,607,237 + Fourth + 14.0 608,246,047 $8,063,456,365 Federal Ohio—Canton 6,078.477 Cincinnati -12.2 x 7.6 163,101,771 149,689,688 3.4 293,362.973 264,630,273 Columbus 31,994,700 30,842,600 3.7 4,746,097 4,854,812 2.2 27,583,300 3,383,690 24,126,000 Mansfield 5,988,873 6.234,059 3.9 5,642.412 6,015.507 320,402,141 283,756,604 9.1 320,771,388 233,773,492 845,069,422 796.394,751 6.1 820,032,312 687,794,864 + 1.4 249,000,000 + 4.2 — 305,295,000 284,173,000 + 7.t 245,039,220 291,425,036 —_______ Pittsburgh *271,770.810 277.443.114 168.290,304 194,267,354 $10,473,835,039 + 8.7 West Virginia—Huntington 2,424.401,795 2,335,570.390 + 3 8 Virginia—Norfolk — Cleveland— Baltimore A———— — Other cities, five days — Youngstown— Pennsylva nla—Pittsburgh 15.9 Total . (7 cities) Total all cities, five days— $13,809,016,815 677,457,261 __. + — Federal + our week. We cannot furnish them 3,757,243 elaborate detailed statement, however, able to inasmuch today, which Total as 407,530,225 (6 cities) Sixth the week Federal 382.093.053 2.537,139 2,734,282 5.5 11,700,000 10,218.000 0.3 + — 112,584.836 106.813,429 —51.2 3,154.797 2,889.950 + 11.2 199.142.038 171.963,642 + 13.9 76,231,050 68.024,779 + 6.7 405,547.003 362,446,939 press. 68.436,714 For that week there was an of 0.5%, increase the aggregate :■ + 14.3 63.387,750 + 8.0 70,918.907 52.763.321 219,000,000 206.300,000 + 6.2 211,900,000 19.8 300.000 3,433.168 . Florida—Jacksonville _ 2,948,447 __ _ Mobile 18.1 — 17,177,510 3,941,539 3,954,359 3,098,469 3.457.629 + 14.8 85.893.816 68.380,944 88 991,192 5,648,397 9.1 78.986,180 90,713.224 90,078,742 _ Alabama—Birmingham 4,193,471 3.216.159 Augusta—. present further below we 14 184.232 14.183,947 16,209,646 _ Georgia—Atlanta Macon ;"i; District—Atlanta— Reserve Tennessee—Knoxville week previous—the week give final and complete results of the April 1. 67,559,199 8.5 — 6.9 Accordingly, in the above the last day of the week in all cases has to be estimated. are 177,705,262 76,953,277 — Nashville ending 7,705,020 197,668,265 ■ Ma ry la nd—Ba 11 imore available at time of going to ends Saturday and the Saturday figures are not we 10,512,000 116,202,578 7 issue of next In the 2,408,994 2,204,795 11,093,000 115,847,645 South Carolina—Charleston 7.8 12.6 Complete and exact details for the week covered by the foregoing will appear in + 4.013,956 District—Richmond- Reserve District of Co'umbia—Washington—. $14,400,951,666 $13,486,862,690 Total all cities for week. ♦Estimated. $12,809,405,429 591.934,851 — - 13.4 Richmond All cities, one day—a———. - 2.0 — Fifth ______— — 5 545,948 6,186,778 155,502,950 298,268,605 226,703,177 San Francisco -12.4 6,935,121 167,326,429 ! 229.977,461 , ;— .... + 3 422,298 308,532,705 Cleveland 0.5 259,500,000 | City 946,144,749 — District—Cleveland— Reserve $11,384,615,020 Kansas St. Louis 982,293,546 — — % Chicago ; 8,625,220 ' (11 cities) ' r Week Ended April 8— New York 2 609,750 4,415,889 Total Telegraph by 2,985,433 + 10.6 York Our comparative for the week follows: summary 791.000.000 3.5 4,435,008 Delaware—WiJmmVtcn——7-1—9,472,374 At 1,015,000.000 2,685,384 Wilkes-Barre Our preliminary last year. 4,905,876 New Jersey—Trenton corresponding week the 2,592,287 Scranton will + 1.2 83,400.116 77.960,820 5,601,140 + 0.8 + 6.031.156 7.082.229 + 363.903 Mississippi—Vicksburg—— 357,866 371,709 3.7 396.979 Louisiana—New Orleans— of 127,160,130 120,829.5-35 + 5.2 131,425,082 97.579.291 624,254,046 585,793,341 + 6.6 615,247,467 522,962,840 — clearings for the whole country having amounted to $13,873,928,492 against $13,802,437,601 in the bank same Outside of this city there week in 1949. clearings at this center having recorded it appears that in the New York District We group the cities loss of 1.3%. a according to the Federal Reserve Districts in which they located and from this are (including this city) the totals record falling off of 2.4%, but in the Boston Reserve District the totals register provement of 2.1% and in the Philadelphia Reserve District of 3.8%. land Reserve District the totals by 6.7% and in the Atlanta Reserve District of 6.6%. enjoys the Minneapolis Reserve District of 1.0%. totals show loss of 0.7% a and In the Kansas City Reserve District' the gain of 2.3%, in the Dallas Reserve District of 9.7% a im¬ In the Cleve¬ The Chicago Reserve District gain of 3.4%, but the St. Louis Reserve District suffers a an a larger by 6.1%, in the Richmond Reserve District are Total (10 cities). gain of 0.5% the was a and in the San Francisco Reserve District of 4.7%. " Seventh Federal Reserve Grand the following we furnish a *1,400.000 1,337,981 + 4.6 1.408.681 1.441.053 8.923.214 + 5.3 9.607.707 9.010,163 4,011,781 + 4.6 4,520.972 5.270,278 — 9,397,544 4,196,588 4,269,664 5.817.838 ——,— 43,911,000 47,860.000 6,980,431 6,392,611 — Rapids— — - Lansing Indiana—Fort Wayne— ^ Indianapolis South Bend— 2,387,612 Iowa—Cedar RaDids . 7.021,994 4.633.299 + 2.2 56.697,000 38.661.000 + 9.2 6,447,398 3.0 — 4,623.269 t t + 12.1 56.405,207 50.228.186 0.8 4.259,580 3,506,203 31.119.992 — 34,761,894 30.128,939 + 15.4 31,994.461 12,012,115 + 1.5 11.324.842 1,047,142 + 9.7 1,170,230 Chicago 939.714 694,394,941 + 2.5 789,514,368 583.904.779 2.970.943 2,733,414 + 8.7 2,888.437 2.599.901 + 1.6 10,690.688 7.802.292 + 8.1 5.748,596 4,267.102 3.3 3,523.085 2,725,889 3.4 1,003,223,246 768,537,586 4.3 276,900.000 103,653,568 234,300.000 10.5 4.0 86 301,108 70 434.920 7.6 2,036,055 1,515.666 0.7 468,890,731 399,416,579 Decatur - 9,539.866 9,393,426 4,693.457 4 342.450 2.732,736 j Springfield by Federal Reserve Districts: 3,531,357 —26.6 —12,192,089 1,149,174 711,618,991 Des Moines_—— Sioux City— Illinois—Bloomington Peoria summary 57,139,227 3,502,516 - 2,461,572 63,940,636 Terre Haute_ Wisconsin—Milwaukee- Rockford In District—Chicago— Michigan—Ann Arbcr 2,878 627 — 12.754.466 — f SUMMARY Week Ended April l— Federal 2nd 3rd 4th New 1949 1948 Inc. or $ $ .12 cities Dec. % 530,349,888 519.623.817 7.375,5S8,005 __ Total (17 cities) CLEARINGS 1950 Reserve Districts 1st Boston OF BANK 7,554,059.466 $ $ 521.087,198 515,495,031 2.4 7.302,339.018 7.085,303.332 M York If 11 Philadelphia Cleveland 982,293,546 946.144.749 845.069,422 796.394,751 3.8 + + 1,053.624.924 822,246.298 820,032,312 6.1 II 6th Richmond + Eighth Federal Reserve District—St. Louis— Missouri—St.. Louis. 240 900.000 251.700.000 Kentucky—Louisville. 115,984.621 104,968.924 80.137,094 83,436.713 1,659,629 1,796,047 438,681,344 441,901,684 Tennessee—Memphis — + — 93.165.993 687,794.864 If 7 . — 894,406.638 1947 2.1 + 924,725,141 407,530,225 382,093.053 + 6.7 405,547,003 362.446.939 624,254,046 585.793,341 + 6.6 615.247,467 3.4 1,003,223 246 0.7 468,890,731 399,416:579 1.0 353,556,052 266.050,474 2.3 435,720,184 418 101,404 : Total (4 cities) — 522.962.840 + Illinois—Quincy — II 6th Atlanta .10 7th Chicago .17 924.725,141 894,406,638 438.681.344 441,901,684 328,264,983 331,733,155 411,546,945 402,317,776 — II 9th Minneapolis 7 . , II 10 City 768.537,586 «< 4 8th St. Louis 10th Kansas II — + II 11th Dallas 6 291,412,776 Outside New York City— We add now week ended + 9.7 260.638,944 220,535,527 682,363.678 + 4.7 701,725,026 612,128.699 13,873,928,492 13,802,437,601 + 0.5 13,941,632,105 12,681,019,573 6,728,831,136 112 cities Total- 265,605,493 714.232,171 II 10 12th San Francisco 6,560,639,646 + 2.6 6,982,363,486 5.855,548,042 detailed statement showing our the figures fo reach Federal Clearings at— $ First Federal Reserve District—B< ^ 1949 , , $ , Inc. or Dec. %\ 5,413,946 North Dakota—Fargo 5,650,256 5,680.409 2.699.169 3,159,291 Montana—Billings 3,059,670 3,163,905 8,442,676 8,196,116 328,264,983 331,733,155 Helena Total (7 cities) Portlaijd 1947 $ 3,863,630 + 4.9 4,317,998 4,239,697 438,491,314 + ;1.9 431,379,826 437,818,579 1,736,866 Lowell 1,479,600 +17.4 1.492,444 794,501 681,963 Hew Bedford— 1,682,061 1,402,817 7,351,525 4,987,051 24,312,392 25,492,551 9,648,951 ; ;■ , 16.5 794,808 617,361 + 19.9 1,772,949 23,426,100 1,063,970 1,127,250 530,349,888 Total (12 cities) 184.074,346 80,935,219 58.451.566 0.5 6,155,614 4,438.043 — —14.6 3,003,092 2 664,203 3.3 3,246,078 2.914,243 + 3.0 8,653,612 8.455,377 — 1.0 353,556,052 266,050,474 —28.0 548,825 — 439.467 420,638 584,602 '"475,000 458,326 + 3.6 516,411 635,977 5,689,824 5,311,572 + 7.1 6,277,493 6.740.031 Omaha 104,926,936 93,662,864 + 5.3 107,260,960 110,824,882 7,576,207 5,114,986 + 48.1 4,753,693 10,808,037 9,515,905 + 13.6 11,627,007 8.876,272 269,628,603 9,383,761 388,946 269,325,509 0.1 291,900,247 270.421,450 10 444,673 . Missouri—Kansas City St. Joseph l ; 9,402,429 + , 6.036,604 Colorado—Colorado Springs Pueblo 0.2 10,162,230 —63.7 1,020,599 1.493,057 + 20.3 1,652,719 2.188.991 — 519,623,817 2,248,993 411,546,945 Total (10 cities) 1,072,155 1,869,423 402,317,776 + 2.3 + 435,720,184., 418,101,404 1,759,244 + 4.5 6,949,858 6,760.982 + 11.6 5,116.551 . 4,736,710 — 4.6 29,607,044 22,258,152 2.4 10,780.632 8.390,981 + 13.6 25,569,600 23,967,300 5.6 1,426,777 1,163,376 521,087,198 515,495.031 —87.6 115,037,339 77,206,026 0.9 2,756,585 2,511,583 — 9,422,437 >+ 26,605,500 Hew Hampshire—Manchester 5,052,691 246.045,456 4.6 Lincoln Eleventh Federal Reserve District—Dallas— i Texas—Austin Hew Haven. Rhode Island—Providence 7,698,459 5,566,216 Worcester 5.511,981 0.3 1.849,787 6pringfield Connecticut—Hartford , 1,932,682 446,937,327 „ Pan River • 1,878,711 4,054,794 Massachusetts—Boston ■) /+ 2.9 2.1 Federal Reserve District—Kansas City- Kansas—Topeka 1,550,645 + + — city for the i 1,595,785 . 85,215,057 South Dakota—Aberdeen Wichita Blaine—Bangor. 221,014 576 81.319.039 Hastings $ 5,303,800 221,680,227 Nebraska—Fremont 1948 : District—Minneapolis— St. Paul Tenth 1950 Reserve Minneapolis April 1 for four years: Week Ended April l • Ninth Minnesota—i/uluth — 2.1 + 7,285,499 7,212,770 244,720,923 219,635,743 22,397,712 Dallas- Fort Worth 20,663,588 5,886,000 - Galveston 4.753,700 Wichita Falls 4,014.107 V 3,680.496 8,240,835 Total (6 cities) 8,526,891 291,412,776 Louisiana—Shreveport 265,605,493 1.0 6.705.316 6,749.495 + 11.4 213,472,000 180.397,000 8.4 21,582,606 20.510,144 —19.2 + 5,761,797 4.185,000 9.1 3,956.010 2.637.043 3.4 9,161.215 6.056.845 + 9.7 1 260,638,944 220,535,527 + 3.3 109,203,114 93,516.093 + — Second Federal Reserve District—New YorkHew York—Albany Binghamton Buffalo. , ; ■ ... 12,801,983 103,106,268 2,637,888 2,660,683 82,756,728 Elmira 79,553,689 1,499,593 Jamestown Hew York Rochester 1,543,070 : 1,468,286 7,145,097,356 1,440,830 7,241,797,955 — 4.0 + — 2.8 78,259,223 1,426,517 61,640.481 1,346,365 + 1.9 1,711,476 1,749,162 — 1.3 6,959,268,619 6,825,471,531 Federal Reserve District—Sam Utah—Salt Lake City. California—Long Beach 4.0 17.267,162 18,361,324 11,557,000 f 5.1 12,606,551 11,676,675 + ' 4.4 10,325,171 11,431,162 Hew Jersey—MontcIalr_ 686,509 691,573 — 0.7 — 17,575,604 • Newark..— 39,830,401 42,182,068 Northern New Jersey- 47,132,076 39,843,186 7,375,568,005 7,554,059,466 — 795,407. 512,864 5.6 46^049,810 +18.3 56.835,158 WalittCMes) 39.530,639 2.4 7,302,339,018 7,085,303,332 — 8,949,472 358,196,427 9,043,677 San Jose 9,601,306 *3,600,000 3,482,605 2,984,966 3,273.215 + 0.7 125.631,713 85,304,320 + 6.2 48.868,652 40,942,742 + 6.2 + 16.7 + — + 6.3 5.8 3.4 11,326,931 7,330,663 375,905,777 9.840,476 4.121,785 8,136,841 7,548,647 353,651,994, 9-381,463 3.404,207 6.510,949 6,969,167 4.7 701,725,026 612,128js99- 13.802.437,601 0.5 13,941,632.105 6,560,639,646 2.6 6.982.363,486 12,681,019,573 5,855,548,042 5,656,509 714,232,171 682,363.678 13,873,928,492 6,728,831,136 Total (10 cities) —29.0 + 17.8 6.663,061 + 33,865,520 Grand Total (112 cities). Outside New York v 12,150,056 10,445,813 Stockton 12,147,040 48.889,649 380.830.947 Santa Barbara 12,107,335 ........ 3,589,901 123,778,376 12,906,431 Pasadena- 12,639,251 Syracuse 108,069,377 2,547,988 124,598,408 51,929,347 Oregon—Portland Connecticut—Stamford. Francisco111,666,499 Yakima San Francisco "■ 16,870,894 Twelfth Washington—Seattle ♦Estimated. JNot available. Volume '171 Number 4397 - THE COMMERCIAL FINANCIAL & CHRONICLE (1499), 43 PARTIAL REDEMPTION Foreign Exchange Rates Company and Issue— Alabama Pursuant to the requirements of Section 522 of the Tariff Act of 1930, the the to Secretary of the Treasury the buying rate for cable transfers give below record for the week just passed: a FORFIGN EXCHANGE CERTIFIED RATES \ on 1st Federal Reserve Bank certifies daily the different countries of the world. MARCH FEDERAL 31. 1950 TO RESERVE APRIL BANK TARIFF UNDER ACT OF 1930 1st INCLUSIVE 1950, 6, TREASURY TO Charlotte Air Line 1st Buying Rate for Cable Transfers in New York Country and Monetary Unit Minnesota Value in United States Money 1st Apr. 3 $ Argentina, peso— i_; Apr. 4 $ ■ Apr. 5 ';•• ,;• ;■$ / $ $ . Transfer Ry.— Prefeiential Australia, pound ;■•"■■ .297778* .206949* .206949* .206949* .174562* .174562* .174562* .174562* Public .138958* .138958* .138958* .138958* .0199071 3%% ser. D coupon bonds, due 1961—Apr 1st mortgage 33/4% ser. E coupon bonds, due 1972_.;_Apr Sherwin-VvVlliams Co., 4% cumulative preferred stock__Jun .0544060 Southern .909090 Upper Peninsula 2.231573 Closed * 2.231573 ) cruzeiro 2.231573 2.231573 Pittsburgh .206949* 1st .0199125 .0199125 .0544060 .0544060 .0544060 .909090 .909090 » Official ! i Free rupee Czechoslovakia, koruna Denmark, krone France (Metropolitan), India, .208500 .208500 .208500 .0200600 .0200600 .0200600 Dominion of, Union 2.772896 .193329* Africa, .496125 .0345678 .327291 .327291 .193329* .193329* .193329* .496125 .232800 Closed 2.783V50 pound .232800 .232850 .232850 2.783750 2.783750 2.800742 2.800742 2.800742 2.800742 2.800742 .C58327*t .658327*1 .658327*1 .658327*+ .658327"+ .561797*t .561797*1 .561797*t .561797*+ .561797*+ peso .425531*t .425531*t .425531*t ,425531*t .425531*+ ■♦Nominal. _ tApplication depends upon type Reserve Banks Combined of Treasury certificates of indebtedness de¬ $96,000,000 in New York City and by smaller amounts in nearly all of the other districts; there was a net decrease of $144,000,000 at all reporting member thousands Paul creased Holdings of Treasury notes decreased $39,000,000. Holdings of "other securities" increased $41,000,000. dollars) of Increase ( + ) or decrease (• —) since -'••. , Mar. 29, Apr. 5, Gold certificates Redemption fund for F. Total gold cash ctf. Govt. Bills / 237,600 _ advances 168,146 10,003 + 35,493 — 196,730 i — 2,602 !/' + 33 — — — + 3.972,375 45,345 ' 44,758 .5,788,750 Notes * 1,454.000 — Bonds—- 6,357,300 —1,201,496 69,800 1st + 74.800 — 57,800 + % U. Total Due F. loans from R. and securities- 17,572,425 securities-- 17,743,173 foreign banks notes Uncollected Bank Govt, S. of other and a banks— items assets 97,389 2,471,823 34,375 - Total assets — _ 114,224 43,728,387 ___: — 139,997 —4,067,040 — — + 13~706 — 16 12 302 97,677 + tV'ttf, Inc. + Assets— 977 —• Commercial, Loans 42,878 22,967,632 119,055 189,134 U. S. Treasurer—gen. acct. 622,199 374.640 882,603 3,878 + — Other 284,404 8,017 17,759,901 173.611 2,083,192 — 225,571 12,822 433 — S. to CJ. deposits Deferred : availability Other liab., items inch accrued divs. + — 1,534 liabilities —_ ___ 280,560 42,823,547 —4,204,762 443 — Other 951 * 1 preferred stock-Apr 24 ^.iv1 '.',■• bonds, due 1954— Inc.— in 1149 1966—_—May 952 , this 6% . May for in Balance — 102 — 5,392 53* — — y „ 14 + Air^Way — ; + 1 + 9 4,465 4,638 $1.10 + + 5,559 Banks— Reserve 31* 11,727 5% Coal __ 1,172 2,161 6-14 6-13 4-15 4-28 5-29 4- 5 4-18 T'/aC 27V2C Co. (Abilene, r4-15 4-15 3-31 3-31 (quar.)__ $1.25 75c $1.25 30c 75c -4-15 5- 1 5- 1 6- 1 4-21 — 6 Liabilities— 5-10 Kansas) _____ preferred v 50c . ' _________ fquar.)_ 6% 7- 1 County—— Works— preferred (quar.)——; Viscose Corp., common.... preferred 5- 1 6-10 15c $1 ( (quar.)__—_______ quar.) Tejephone 20c 4-20 t2c ,25c Oils, Ltd.______ Co Co. (reduced (quar.)l- Corp. <quar.) Machine prefeired . Payable of Reo. - (s-a)_—___— Clayton «fc Co. (quar.)__—.—___— c <quar;)_L— $1.12V2 preferred (quar.$1.12^2 Products, 6% preferred iquar.) , $1.50 6% preferred iqurr.j $1.50 6% preferred (quar.) $1.50 6% preferred (quar,)___.—_____________ $1.50 4»/2% 3-31 4-17 4-17 , 1. 4-14 4-11 4-11 5- 1 5- 1 5- 1 8- 1 11- 1 preferred 4.50% Anchor Post 4-2l 7-21 " 10-21 1-31-51 1-20 f,' 5- 1 4-20 4- 4 ,3-24 Powder Co., 4% preferred (quai.) $1 Atok-Big Wedge Mining Co.—Vic Aunor Gold Mines, Ltd. (increased) $6c Avon Allied Products Inc. (increased quar.) 35c Atias 5-10 5-15,: 4-17 5-10 4-20 6- 1 6- I Fund B Inc. , 20c Beacon Mfg. Co., 6% preferred (quar.) ' $1.50 Berland Shoe Stores (quar.)—40c Bertram (John) & Sons, Ltd., class A (quar.) t25c 4-28 5-15 4-29 Axe-Houghton 105 — Inc. of Alleghany Co, & w . When Holder* f, Appalachian Eiectric Power— 14 1.120 , Snare Barge Line Anderson 705 4,769 26 + 1,990 banks — + 89 — 785 vault ; + 41 24,016 — '■■+: 39* ^ American 4.368 + 144 — 5.696 ______—_— — v:—-." 432 1,768 bills certificates of Indebtedness- 689 + follow with we ■-''•• "■■ fer Appliance Distilling 96 + 584 , .• Consolidated Iron 382 ___ 28* + —: 36.118 ._ + 111 ■—■ .4,540 securities—Total Electric American 423 10 Then show the payments previ¬ we . r-'' • American 1,114 60 4 + 212 — domestic ■•• Pacific 'American 67 + in which Laboratories, Ampco Metal, 145 44 3 obligations— .__ Federal ■Alberta 148 301 grouped in two separate all the dividends an¬ are indicate we Name of Company 5% 238 + — first the table Common 746 loans with ■f" 100 . DIVIDENDS ously announced, but which have not yet reached their pur¬ securities Cash Capital Accounts— 4-29 4-29 5-15 ' 214,981 Capital paid in— Surplus (Section 7) Surplus (Section 13b) Other capital accounts _ Total 12 + 10,704 + + 488,173 21,462 + 21,985 27,543 174,143 liabilities & cap. accts. 43,728,387 + — 4~603 H 275,945 Demand deposits adjusted 46,162 Time 13,416 U. deposits, except Government Government deposits demand deposits: 8. .— of Domestic —4,150,611 serves, note gold certificate re¬ to deposit and F. R. liabilities combined 306 _ 2,810 + 1,253 5 + 295 60 + 626 — + Foreign banks 1,248 ___ O.l'/c 56.5% -+ 5.2% r 140 60 "ft __■ + _ trial to loans make ■"March 162 7,729 + 22 31 1,243 — ,——„- preferred Gas of shows the the Reserve System in leading cities principal changes for the week ended March 29: Decreases of $584,000,00 in holdings of United States Government securities, $306,000,000 in de¬ mand deposits adjusted, and $382,000,000 in demand de¬ posits credited to domestic banks. Commercial, industrial, and agricultural loans de¬ following Notices creased $55,000,000 in New York City and a total of $53,000,000 at all reporting member banks. Loans to brokers and dealers for purchasing or carrying United States Government securities increased $238,000,000, of which $208,000,000 was in New York City, creased »111,000,000. of Treasury bills decreased in all districts and a total of $432,000,000; the princiDal decreases were *$175,000,000 in the Chicago District, $110,000,000 in New City, and $30,000,000 in the Philadelphia District. including and those called volume were sinking under redemption bonds, notes, or fund provisions. last date for mak¬ (except where indicated) in which given in the "Chronicle." OF Oil 1st » 1st and Valley ref. 4V2% bonds, due 4% 4% preferred Quaker City Cold Storage Co., 1st bonds, mortgage Paga due Apr 13 *5&4 1990— —Apr 14 * Power Store 7% —.—i.—— - 1st mortgage 6% 1 £pr 17' due 4- 7 4- 7: 2-28 2-28 2$1.75 25c 20c 20c 5- 1 4-15 4-20 6-10 4-15 4- 5 4- 6 5-12 common & Light Co. preferred Railway at a decided . (quar.) — ; _____ iquar.t__ ,, 1SC3 Apr 18 * Cogfclin $1 — common (quar.) — ,. dividend (initial quar.) 4-15 5- 1 5c 56V«c - 5-1 5- 1 4-15 4-15 / ' ■ ' . V, usually , ' " «{ ' ' ^ : Foods, Ltd. 4-29 4-17 5-20 7-20 10-20 6-12 6-12 3-31 5-15 5-15 6- 5 8- 1 11-1 7- 1 7- 1 4-15 (Texas)— Cincinnati, Chicago & St. Louis preferred (quar.$1.25 (B. J.), - ,f ?'2$1.50 225c 50c $1 $1 75c $1.75 $1.19 Inc., common (monthly)_^— 20c (monthly20c Common (monthly)—;——■_.—20c 4Vi% eonv. preferred <quar,)___— $1.12Va ; Clinton 3-8 4-7 divi¬ Equipment Co.— meeting held on March 21 to defer payment on the preferred 1 ••.,.. 34,ic — ____ Investment Corp., conv. Cleveland, Ry., 5% 1394 Corp.— income bonds, 13c 33c Common Inc.— 1973 5-1 pre¬ Ltd., com. A— (quar.)_____— stocks paid at this time. , Witherbee Sherman Shares, Ltd preferred (quar.)l_— Chain 5- 5-15 Ltd.— preferred (quar.) Case (J. I.) Company, common 7% preferred tquar,)_ Central Kansas Power, 43/4% pfd. have 1961 5',2% —__■_—. 4% RR.— mortgage Service Co-ordinated, Transport— and refunding mortgage bonds, due Cos., Carpenter Paper Co., Chicago Dst« for receipts Converters, Insurance TENDER Company and Issue— Aroostook deposit (year-end 1 Directors NOTICES Public —_—___ deferred action on class A dend at meeting held on March 31. 4',2% the details pfd ' Ltd.— Company Central current Co., (accum.) Canadian called for redemption, stocks Canadian ing tenders, and the page number gives the location in the Paper Light Co Canadian list of corporate a common The date indicates the Loans to banks de¬ Holdings York Below will be found preferred & Corp. American statement of weekly reporting member Federal receipts Pulp Burroughs Adding Machine Co. (quar.) Cable & Wireless (Holding) Ltd.— 2,016 5-1 5-15 . Ltd.— deposit Burnham Redemption Calls and Sinking Fund The condition Co., deposit receipts for 5%- Columbia Brockton 2,463 212V2C 5-15 5- 1 5-15 5$2 American 7% 20,753 v ?50c ferred banks (quar.)_______ American British figures revised. Oondilion Statement of Member Banks Ltd..class A Company, toe pi'eferred-__^_l-—: 62V2C $3 British-American Tobacco :' indus- —— r..,. iPhila.) Special 111 to during week —: ances Commitments Bowes 691 40 — 458 ■ 382 __ demand deposit accounts, except interbank and U. S. Govt, accounts, Debits B Ciass 8,608 banks Contingent liability on accept¬ purchased for foreign correspondents _■_ Class Blauner's Interbank Borrowings Ratio ■' t 1 \ issue. during the current week. second American purchasing or carrying: banks with + , 924 U. S. bonds— Reserve Total for Treasury notes 23,732 In American loans Treasury 208,332 —3,771,159 dealers securities Government S. Treasury Total bonds, due 5% ! payment date. '• obligations Government estate Other 493,363 271,163 66,563 securities loans Loans and Government Other —3,340,627 ____ a Allied carrying: or S. Other Real Foreign tables. 1949 and agricultural Industrial, brokers to U. 455,801 15,970,695 (Mar. 30, (in millions of dollars) 13.790 —4,150,611 acct. notes— j.f.P '■ :>!'• ^0 ).0- r 24,886 Deposits: bank—reserve ( + ) or 1950 25,265 U. Reserve • Loans and Investments—Total Other Member IN 1049 ; Dividend announcements , Mer. 22, 1950 Loans—net Liabilities— Federal ;• ,■ ■• Loans—gross 2,219 275,945 1147 A — May J. Power & RR. Co.—' ;':V\. Colorado, 4.40'/<7 • Dec. (—» Since Mar, 29, ••:■':> chasing —• 1 T. , series & sinking fund mortgage : . . ; ■■ .. 79,855 52 •>•. of Co. service . , 1,069,400 —4,024,125 — liabilities of reporting of the assets and summary member banks follows: —2,793,800 56,700 •.& 33 premises Other + 1 _Jun 3 V2 %, due 1966-May Corp.— L.ght refund, mtge. 1st nounced )-■•■ Total 1936 > bonds, 5 7e Electric • Announcement V New York City total of $60,000,000 at all reporting member banks. —1,098.229 , dated dated bonds, Service Water mortgage 'Roberts & Oake, Borrowings increased $61,000,000 in 1,843 109,500 + 947 1047 . mtge. bonds ser. G mortgage Smith's Pudhc tricts. 65,104 — . 1 May 1963 1, Hotel Co.— Square 30-year $60,000,000 at all reporting member banks. Demand de¬ posits credited to domestic banks decreased in all dis¬ A : _ due Nov. income bonds, ref. deposits adjusted decreased $248,000,000 in Chicago and $35,000,000 each in the Philadelphia and Richmond districts, and increased $57,000,000 in New York City. United States Government deposits increased Securities: Certificates j 67,344 23,029,770 reserves ______ and 21,999 R. Industrial loans S. "• + 541,340 Discounts U. 1P49 *•.-• 10,003 + 22,488.430 notes Other $ $ •■ 948 Demand Apr. 6, 1950 ; 1950 '■-•'•■Assets—;• 948 Co.— and 1st 1st Holdings banks. (In Edison York ■New Statement of Condition of the 12 Federal stock . merchandise. of Pa** May 1 Apr 15 May CALLED 1914 Hiram Walker-Gooderham & Worts, Ltd., and Hiram Walker & Sons, Inc., 20-year 23/i7o debs., due 1956.May 1 Houston Lighting & Power Co.— " : , ' ■ 1st mortgage bonds, 3 % series, due 1978-, —__Apr 15 Industrial acceptance Corp., Ltd.— ZVn% 20-year sink, fund debs, series "A" due 1966-Apr 1 3Ma % siiiking fund debentures series *'B" due 1966_,Apr 1 4% sinking lund debentures series "C" due 1966—. Apr 1 Lipton (Thcmas J.), Inc.,6% preferred stock___'—..—^Ju.y 1 6* 1 peso sterJng 1 1398 Data ISSUE Apartments, Inc.— Bautiugw 2.783750 peso pound • 1 of Canada— Co. mortgage Detroit ; Uruguay, Uruguay, Kingdom, ^May 1970__ 1977__ due bonds, debentures, gold General -Uruguay, United 3 V*% Telephone 2nd .0345678 ..327291 2,783750 .232800 franc * 1395 1 Power Co.— mortgage 5% ,496125 .327291 1 1 •-■„'■' series, due bonds, 3V*7o mortgage Delaware .140154* .0345678 .496125 1 ; Cities Service Co.— 2.772896 ;■ .140154* .140154* .0345678 .327291 .193329* South of 2.772896 .140154* Co.— Gas mortgage 5% bonds, series C Brantford Cordage Co., Ltd., 1st preferred .262671 .262685 .0345714 ■_, krona Switzerland,. .262675 .496125 *— dollar California 1st .115640 2.772896 Closed May . Company and Issue— Bell .208700 .115718 .140154* peso Settlements, Sweden, .208700 .115718 .262657 2,772896 ■! krone Philippine Islands, Portugal, eicudo .208700 •• 1958 .144938* .00286062 .115718 ■ .262700 Norway, 3traits : .115718 Netherlands, guilder New Zealand, pound .144938* .0028625 .208700 .208700 rupee peso .144938* .0028625 .0028625 \ ' series, due ENTIRE .0028625 .144938* .144938* franc -1 .208500 .020060 1 Mexico, .902187 .902500 .901875 .208500 1184k Light mortgage 1st .0200000 1. ~ .901875 .902500 ____ Ceylon, .909090 .909090 Co.— bonds, 4xU7o Co.— Electric 1st Canada, dollar— Steel mortgage 1st 2.231573 .0199125 .0544060 ___ .297778* >. ■ .0199053 iianc Erazil, .297778* .174562* "B" Belgium, .279778* .297778* "A" * 15-year 3% Fibie Co., .138958* Preferential 1359 bonds, 33A% & Co., Vulcanized .206949* Basic 1141 1 1 —— dated 1936 —Jun 1 debentures, due l958_May 1 iV*7o debs., due 1960—Apr 14 Pennsylvania Water & Power Co.— Ref. mtge. and collat. trust bds., 3y4% ser., due 1964_May 3 Apr. 6 / 1963 Co.— Gas mortgage National Apr. 1 due Inc., Morrell (Jonn) Mar. 31 1141 1 bonds, 2%% series, due 1971__.——___May 4 W/e debentures, series C, due 1963.May mortgage Foods, 1 Apr 15 ———Apr 15 -May Indiana I Central May Ry.— bonds, 334% mortgage Hunt Noon 1967___ Co.— debentures, due I969__:___.v 25-year 3% Atlanta & BY - 20-year 3% debentures, due 1962 i , Tobacco •,*• series A, due bonds, 3V«% mortgage American We Pmrn Data .»,•'■ . Southern RR.— Great 220c - ' 4-29 'J ' ' 4-14r ' 4-17 6- I % 5-167- 1 . 6-1K 7-1" -6-16 5- 1 4-29 ^ 4-11 44 (1500) THE Per Name of Company. Share Columbia Gas System, Inc, (quar.)_— Concord Electric Co,, common 6% preferred (quar.) — Consolidated Coon Laundries Corp. (W. H.) Company Davis Leather Co., Class B Dennison Class 8% Pleasant 5 Pocahontas 1 4-20 1 4-18 £37%c 6- 1 5- 1 Rhode Island £17%C 6- 1 5- 1 Corp. 1 5-19 S & W Fine Foods, 4% preferred Sargent <fc Company (quar.) .'"'.7- 1 6-20 Scarfe <& Company, 2% 4-28 25c 8- 1 7-20 Schaffer Stores, 25c 30c 4-15 3-31 Seaboard 5- 1 4-15 Sharp & Dohme, $4.25 $1.12% 5- 1 4-15 Shedd 15c (quar.) 5- 1 6- 1 — of America. 33%% 4-24 5- 4-24 1 6- (quar.) SI class A (quar.) $1 class A 6- 5-11 4- 8 4-18 Pate-Root-Health 4-20 4-10 5- 4-15 (quar.) preferred (quar.) 6% First Mutual Trust (initial tlOc 5- 1 4- 1 1 5- 1 $1.06V4 4-15 quar.)_ , (quar.)__ 4-29 4-15 3.90% preferred preferred (quar.) 6- 4-14 4- 7- 1 6-10 Springfield 5- 1 4-15 Stanley Works 4-28 4-17 4.15% preferred — 5- Stock Press, Ltd., 5% convertible preferred Company took no action 011 dividend at meeting preferred $1.50 4-15 3-31 Stowell 7c 4-15 3-31 Suburban 69c (quar.) 93%c Forbes & Wallace, class B (quar.) Franklin Custodian Common 4-15 1 6- — ■' _ Public preferred Corp._ ; Stock (quar.) pfd. ; (quar.) & Resistance Knitting Mills, preferred 4%% Oil $1.25 Whitehead 4-21 10c 5-10 6- 1 1 4-15 6- 1 5-25 4-25 1 7- 1 2 5- • preferred Fund 3-31 4-20 31 V*c 4-15 4-15 B-2 35c (Initial 8econd 6-15 * 4-29 5- 1 Ltd._ 1 dends 4-14 Chemical 3-30 A 4-15 3-30 Adams-Miilis 4-15 13-30 Shoe Affiliated Air Reduction Co. 1 5-15 4-24 5-10 All $1.25 7- 1 6-20 Allied Stores 75c 5- 1 4-15 Aluminum 5- 1 4-17 Amalgamated 7- 3 6-15 Amerada J25c 5- 1 4-11 J50c 3-31 3-28 7- 6-14 Akron 5-15 5% 4-14 (quar.) 1 £i5c 5- 1 5- 1 Miller (I;) Mining & Sons, Corp. of 5% (initial) & Erie Morrison-Knudson Ry. Nathan Normetal Mining Northwest 5% iquar.)___IIIIII Oklahoma Gas & Co Oklahoma Natural Gas, common f 4%% preferred A iquar.) Outlet Company (The) Pacific $1.30 Public Service Co. (quar.)___ Pan American Petroleum & Transport Co.— 4% preferred (s-a) Panhandle Eastern Pipe Line, com. (quar.) 4% preferred (quar.) Peerless Casualty Co. (Keene, N. H.) <quar.~j Pemco Corp., common (Increased) ^ $3 preferred (quar.) A Corp. ^ Co. Y.) (quar.)___ Corp., common Bosch 6% preferred Bronx (quar.)___ & Stock dividend shares held) on Brown Shoe 4-10 3 4-20 £ 25c 3-31 4-15 £32 %c 4-15 3-24 5-3 5- 1 4-15 4-28 4-17 4-14 3-20 >' 5-4 6- 1 4-29 £25c 9- 1 4-15 3-31 £25c 4-15 3-31* 93%C J: (quar.) Y.) 4-15 3-31 Burns each for 5-15 (stock 3-28 4-15 4-15 dividend)— 50% 4-29 5- 1 1 5- 1 (quar.,)— 4-19 4-19 5c quar.) 4-15 3-28 10c cl. B (increased 4-15 3-28 4-15 3-28 4-15. 3-28 5%c — , 15c (quar.) 5- :v;>.;:.:$1 Company, Ltd.— A A' 4-14- 90c 25c $1.50 common preferred (quar.) 4% preferred Class 3-31* 5-15 21) class A (quar.) Class 4-15 two £40c . 1 4-14 $1 4-20 3 4-1 3-31 5- £$1.50 (s-a) (quar.)^ Participating 5-15 4-15 4-15 £40c — (quar.) preferred & 7-31 40c — <N. Inc. Budget Finance Plan, 4% 1 Ltd.— share Buckeye Steel Castings, 6% 6- £25c ——— class A Bullock's, Inc., preferred $3.60 . ■ £25c Company, 6-1 4- 4- 5- 1 — 1 share for each 2 held— 3-15 5-31 4-17 70c (Subject to approval of stock¬ March 4-20 4-15 4-14 >j Co. (One Rubber Co., 4-10 25c 4-14 4-28 Bigelow, holders Brown 8 $1.25 4-14 4-28 37 %c (quar.) County Trust Brown 6% (quar.)____ 5-1 $1 u-. Telephone, 3-15 ;i 4-20 of Power, 9-15 1 1 4-12 > 25c Ltd., $1.30 pfd Columbia 1 5- 2 5- 6 5- 5-15 5-1 £10c Co., Columbia 4-15 $1 1 25C Ltd British — ; : 3-31 25c (quar.) British • 75c (N. 3-31 25c (quar.)_.— Bristol-Myers Co., > 3%% preferred (quar.) 30c 25c (quar.)_^ Insurance Corp. 4- 4-15 4-15 £62 %c — — 4-15 12y2c (quar.)______ 4-12 If 4. 4-28 1 £40c . 7-28 7- 7 ?40c ——_: A 10-28 10- 7 4-28 4- 7-28 7- 7 15c 4-15 4- £40c 10-28 12 %c 6-1 Co. (irreg.) (quar.)__~ Hoist American 3.9% 6-16 5-26 7- 6-15 3 i i 4-17 5- i i 5% 5-10 4-15 American 5- 1 4-15 5- 1 4-1* 4-14 American 6% 4 4-14 6-30 5-31 American American 5- 1 4-14 5- 1 4-14 4-12 4-15 4- 20c 4-29 8 4-29 4-14 5-15 4-28 5-15 4-28 5-1 4-19 7% 5- I American $5 5- 1 4-20 6- 5-26 7_ 6-15 1 1 4-15 3-31 3-20 4. 3-28 1 , Wire Anchor Hocking Common 4-14 ,3-31 California 3-31 California 4-15 4- 5-1 $2.50 5- 3 $4.70 Co.— f 6-1 12%c common Cable 5-22 California 3-20 Camden 5- 1 4-14 Canada 5- 1 5-15 5- 4-28 4-14* 4-19 Canada 6% 5-31 5- 5 4-29 4- 7 $1 4-15 >4-15 Fire Northern Canada Western 4-14 4- 1 4- 6 1 57e $1.75 4-15 3-31 5-15 4-29 62 %c 5-15 $1.80 "v $2o 4-12 3-24 4-12 3-24 J (s-a) 5 6-26 5 6-26 4*? 6 Canadian . . ' . 4-15 4- 10c 4-10 7% 3-30 5 3-17 Power £56y4C 5- 1 4-11 £15c 6- 1 4-28 6- 1 4-28 1 4-10 class A 5- 1 5-15 54 1 4-15 3-31- 4-15 3-31 •v 15c 4-25 3-20 £50c 4-15 3-18 £75c, 5-15 4-14 + £12 %c 1 3-31 £31c (quar.)^ ___: Co., 5-15 £30c (s-a) Corp., Ltd. (quar.) Ltd., 5% pfd. (s-a) Ltd.—. ' Cordage, 5- li 4-10 1 4-10' £20c common (quar.): 5- I'' 5- 3-31 £$1.25 5- £$1.50 4-15 £22%c 4-15 3-31 preferred 4Vz% Ltd., com. Corp., Ltd. (quar.) Refractories, Ltd.— preferred (quar.)— 1st Quarterly Quarterly _— 3-31 4-29 3-31 £$1.75 'quar.) 4-15 £20c (increased) Canadian Western Lumber Co., Ltd. +. 3-31 £21c Industries, Canadian Investors Canadian r £$1.12% '5- 50c £40c common. Extra 4-18 60c !■ 4-29 £15c Fairbanks-Morse, 6% pfd. (quar.) General Investments, Ltd.— Increased quarterly : 7- 4-11 3-31 62%c (quar.) Ltd., preferred Bronze preferred 7- £10c 3-31 3-31 4-15 Canadian 75c quar.)_ 4-14 4-15 * Associates Class B . Canadian Glass— 1 4-20 $1.50 (quar.) class A Canada Steamship Lines, Steel Products, 3-15 5- Insurance Iron Foundries, $2.25 Angerman Company, Inc. (reduced) Anglo Canadian Oil Co., Ltd. (increased)™ Anglo-Canadian Telephone Co.— 4%% preferred (quar.) 5- 40c $1.17% ^_ _—— Cement Canada 3-31 $2.25 4 3-10 (quar.) common (quar.)— (quar.) Foils, Ltd., non-cum. Canada 3-29 75c 50c 4-15 Co. Canadian Co 4-15 4-15 £20c 5 $1.75 v 1 1 75c Power Power, Portland 4-15 55- £5C 4-14 15c (s-a) (quar.) 1 £37c £20c (quar.) Packing Co., common preferred (quar.) 4-14 25c ; / ; Corp., Ltd., common. 4%% convertible preference 5- — 3 J $1.75 Argus £20c > preferred 5% Smelting— (s-a)__ 4-14 (quar.) Oregon preferred 30c ,15c ■ 5- 1 California > V $1.25 & 1 5- (quar.) preferred 37%o Co., common (quar.) (increased 4-20 ■ G- $1.75 (quar.) com. 5- 3 $1.12% , (bi-monthly) Lead Electric 7% 4-20 1 Ltd., > 7 1 — ______ 4-15 $1.12% Insurance (quar.)_____^ <fc 4-14 • Seal-Kap Corp (Del.) Zinc, Mills, preferred 10- — participating preferred (quar.) Calgary & Edmonton Corp., Ltd. (s-a) 97y2c 30c ; Phenolic Corp preferred 1st 80c 6% (quar.)__^ Co. $1.50 25c common quar.) Fire Linen $3 preferred (quar.) News V 1 5-1 Ltd., Natural Gas $4.50 preferred , 6-15 Co., (s-a)____ Co., Amoskeag Company, 4-17 50c 5- Caldwell . 10c , quarterly preferred Anaconda 32%c 10c (quar.) Foundry— American Superpower. $6 pref. (accum.) American Telephone & Telegraph Co. (quar.) American Woolen Co.— 4-15 59%c (monthly)__ American Smelting & Refining Co., common. 7% 1st preferred (quar.)_ 4-15 4-29 $1 3-17 3-31 , 4-28 Co.— National preferred 1 75c Butler Brothers, common (quar.F—— 4% % preferred (quar.) ___—^__ Byers (A. M.) Company, 7% pfd. (quar.) 6-10 , 25c Corp. & (increased Metal Increased 5- 20c 4-7 4-10 ; . : (quar.) preferred American $1 3 Co.— Corp. Products preferred American 4%% 4-14 Maize Common V 4-15 4- Insulator Machine American-Marietta 4-17 50c ' 25c (initial)_______ Products preferred American 4-17 5- $1.25 & common American $$5 V. Class B 4-10 15c . 60c Derrick New 5-26 $i (quar.)____ (quar.)_..____ 4-20 60c (Vt.) (increased) 5-31 5- Co. American (Calif.)— 1st'preferred pl'cl. (quar.) (resumed) class A & Distillers £25c (quar.) Brass pfd. 4-14 4-22 £40c 1 50c __________ A 75c Co. American Home 5 62%c — Alliance 5% pfd. (quar.) 5% 5- £10c P— common 3-27 15c 50c quar.) £40c '* Electric Sugar, 4% American Hardware 5 $1.25 (quar.) - Canada 4-14 1 5- 4-15 87 %C Co. Mines, 3c (quar.) 3-15 J ' , 50c common 4-15 4-20* 6-16 50c . _w— 10- > 5-15 j9c Corp., Ltd. common $2.50 -' — Vancouver, Ltd.— (irreg.). (irreg.) Bridgeport Hydraulic (quar.).— Bright (T. G.) & Company, Ltd. (interim). > (quar.i 4-20 4-20 ^-10 25c Company, (quar.) 4- 4-15 - 10c 5- 25c Shoe 4-25 , £50c (quar.)_ - Common 3-30 25c 1 ' Common 3-16 4-20 5- 5-3 75c 25c ' preferred 4-10 1, $1.50 (quar.)—.— 50c ' (initial) 4-14 6c 1 5- Board 25c Noyes Nunn-Bush 1 5- 75c 4-12 Co. 6-30 SG'Ac II (Charles F.) Company Nuclear Enterprises, Ltd 5- 1: 40c —_— (accum.) Ltd., Company, (George W.) Brewers 4-27 50c 6- -v ' . 4- 5- .' pfd. (quar.)___ Inc. (quar.) Engineering Co. Extra 4- 1 $1.10 4%% Co. (quar.) Worsted Mills 5-15 3-27 1 common (quar.)— Company (quar.)__— — Corp., Cordage Holdert 75c (s-a) of Book When 3-17 4-14 5- £25c Brantford Payable of Rec. 25c (irreg.)_; $3 pfd. B Bralorne these being given in the Share 4-15 £50c Box 4-20 4-15 I7%c Lock Jersey * 4-15 37%c _J (s-a) St~aus-Duparquet, National New 7 4-14 1 Gas Corp., Co. Annual 5-25 5- £$1.25 Co. Narragansett Electric, week, i- Can 40c (quar.) Montgomery 6-15 $120 preferred preferred this & Casualty (quar.) American Fire & Casualty Co. (Florida)— 3-20 20c 4.80% 7 4- ■ 5c £50c (reduced Class ; & preferred 40c S.) 4.50% 4- 1 - . Petroleum £i5c B (J. Oil American 4-21 ^ Company, Ltd Monongahela Power, 4.40% preferred (quar.) ^ 1 1 25c ——— Y.) Maid Corp., $1.60 prior pfd. (quar.) Missouri-Kansas Pipe Line Co., common. Mitchell 4- 5- 25c — Minute Class 1 50c (s-a) (quar.}— Boston Personal Property Trust— Increased quarterly i Youngstown RR.— American Fidelity American Fidelity (quar.) Ltd.— Canada, 5- 1 ' 7 4-29 5-31 American 25c (N. 5- 4- 4- 6-30 American 45c (reduced) Inc. 1 9-12 1 . (quar.)___ Aluminum k Ami 1 4-20 70c (Philadelphia), W.) Class quarterly (quar.) & preferred Penn American 4-15 25c Messenger Corp. Meyercord Company Bohn f. ■ quarterly American Asphalt Roof Corp. (quar ;>> (quar.) 4-15 5- $2 Increased 4-15 jlOc Inc. Canton American ■ 4-20 Eorg £37'/2c V. Inc. Alabama Mills 5-31 (quar.) Mercantile Stores Co., Fund, 12%c ' 5-1 £3iy»c Addressograph-Multigraph Corp 3-30 5- 12 %c ■ Ribbon £12V2c Corp. 4-29 Co Corp. (E. Blue 10- 40c (quar.) Ltd., Boston- Edisoft __________ 35c dividends Machine Melville Blauner's Bliss 4-20 6-13 S%c (quar ) 4-20 4-14 1 (quar.) (quar.)_!__ Inc.— Co. Hsts, A 4-14 Savings (qua'-.>———_— Works Watch 1 5- & _________ Products, 1 1 Y.) prior preferred Foods, Inc. 4-10 4-24 7- (quar.) common * (increased) Inc 4-15 Ltd.— rectly reported. McKay F, 6-12 shown above were pub¬ lished previously in our columns, but the holders' of record dates were incor- " T £50c 60c class A $1.75 <\* a Iron Ben-Hur Bon 4-17 4-15 £$1.25 Preferred two Belmont 4-29 4-24 8%c Trust (quar.) class A Aoartments, 5- 1 15C Paper, Ltd.— preferred 5- 5-15 >>> — — IN. & (quar.) 50c 5- Co., Corporation 4-24 £$1.75 on A 5-15 15c 3-31 Corp.— National Co. Power 75c Ltd.— made Steel Innes, Ltd., Class 1: 4-15 4-15 15c (reduced) iquar.) Trust Biltmore 5% 4-15 1 (quar.i——.—-—___ America 1st Best Per 5-15 6-15 5% preferred (quar.) McBrine (L.), Ltd., common..: (s-a) McCabe Grain Co., Ltd., Class B (quar.) 4-24 1 5- » preferred Benrus laccum.). announced t50C Co., 4-14 5-15 preceding table. 13c Maytag Company, $3 preference (quar.) McArthur 4-28 5-1 5- (quar.)— I Bell Telephone Co. of Canada, Ltd. give the dividends announced in prevloui 88c Mfg. Co., common preferred (quar.) 5-15 75c 3-15 $1.50 Works Co. Hydro-Electric & $6 4-19 5- 25c (quar.) (quar.) McAleer 4-14 3-15 4-15 4c conv. of Beaux-Arts 5-10 $20c Name of Company _ 1 4-15 <quar.)_ Baystate v we 25c (quar.) 6- 4-28 $1.25 hereafter. Ji5c Corp., Ltd., 5% preferred Maple Leaf Milling Co., Ltd Marathon Corp., common (quar.) 5% preferred (quar.) 5-10 weeks and not yet paid. The list does not include divi¬ 4-17 6-1 £$1 quar.) Mailman 5-10 1 37%c (quar.)__. (quar.) 5c Mines, 1 4-14 4-20 56 %c preferred Class f: 4-17 £i2c Extra Macassa 4-15 6- 1 1 20c Bathurst Co.— James, Corp. will be Below 5-17 34%c Fund 4-14 6- $1.75 (quar.)— Chocolate Radio '.'basis 3-31 20c (quar.) 4-15 10c (quar.) 1 5-15 <irreg.)_.,—5c (quar.) preferred .Payments 3-31 5- 5- (quar.) conv. Bates 5 4-20 *15c >>/'•:. Rubber Bankers 4-28 4- 1 5- (quar.)— Locomotive 7% 5 1 5- 30c Extra Bank 4- 5- > UOc Company, Bangor 3-31 54c (quar.) 5-15 $1 ______-Vi- preference 4-10 r Series 4-17 4-14 40c _______ 6% 3-20 30c 1st Zenith 9-30 ''^c (quar.) 4-29 $37c (quar.) Brothers Rubber. preferred 7% . common 4-19 87y2c Zellers, Ltd., new com. (Initial quar.l_"__ 5% preferred (quar.) 6-30 10- Inc. Wood, Alexander & 4-25 20c <quar.)__ preferred $5 5-19 5- $1.06 4-17 1 4-24 1 5- £$1.37% (quar.) preferred Bartgis Brothers Co. (quar.)____ Wilbur-Suchard $2 4-21 20c Louisville & Nashville RR. The 4-11 1 Extra Loomis-Sayles * 4-15 5C common 5% 4-25 1 4-15 1 (quar.)__ 4 .7*1 1 5- 20c Lamaque Gold Mines, Ltd. (interim) Langley's, Ltd., 7% conv. pfd. (accum.l Lfbby, McNeill & Libby (s-a) Loomis-Sayles Mutual Fund- , 5- $1.25 1 6- 60c (The announcement previ¬ ously published was subject to the ap¬ proval of the stockholders.) At a meet¬ ing held on April 4 the payment was approved. White Sewing Machine Co., common.. 1 5- — 1 5- 6 4-6 5-10 37%C (monthly) preferred 7% dividend 4- ioc Kingston Products Corp. (s-a) Kobacker Stores, Inc., common New Stock 4-15 5- iquar.l— 5- 4- Corp.— Baltimore Porcelain Co.— Dental Mfg. Co. 1 30c Co $1 6 1 I Mills, Association Mfg. S.) 5- $1.12% , _ preferred (S, $1 S-3 $1.37% Point 4-15 75c _ ; 8 25c iquar.)—___ Custodian Series 8 4-14 (quar.)__ common ___ convertible Keystone 5- West White 25c (quar.)— Refining Kahler Corp. Kennedy's, Inc., 4 A preferred.B Quarterly 5-26 1 5- Company 4-30 12c Waterous, Ltd., class A 5-1 4-27 _ 1 25c preference (quar.) Stores Corp.— Syndicate, $1.25 Corp., common 4%% preferred (quar.) International Furniture Co Johnson 5- preferred Venezuela 4-14 5-15 5-15 5-26 (quar.) Interchemlcal : 7% 31'/4C ___ 5% 3-22 25c (quar.)— 6- 20c — (Interim) Corporations, Ltd., class A (quar.) U. S. Finishing Co., common $4 convertible preferred (quar.) 4-1 15c Light & Power, $4 pfd. iquar.) Hutchlns Investing Corp., $7 pfd. (accum. >_ Jantzen 4-24 $75c .4- 5- $1 93 %c — Baldwin United 3-22 $2.50 preferred __— Baldwin (s-a) (quar.) (quar.)— convertible 6% '■ Inc.. convertible $3.50 1 4-17 Houston International 4- 4- 10c Fund,* B Baldwin United Cigar-W'helan 10% preferred (Joseph) 1 class A 4-28 3-23 1 5- - $2.50 (s-a) participating class A Common 6. (quar.) Thatcher Glass Mfg. 1 4-29 dividend Hydraulics, Inc., 5% Higbee Company, common Home 4- 4-29 preferred 4- 5-15 ______— Greer 5% ^ 4-15 4-15- Co.— Manufacturing $2.25 4-17 , 1 5- 6-12 1 1 $1.08% (quar.)_. preference Nichols & A von dale 5 Securities— 5-24 25c ____ Co. 1 Ltd., Co., Electric Television 4-14 62%c , Union 4- 62%c Corp. (quar.) Giddings & Lewis Machine Tool Co.—— Goodall Rubber Co., common (quar.) 5% preferred (s-a)_ Grand 4-15 $1 • (quar.) Shoe Utilities 4-15 $2 (quar.) Gamble-Skogmo, Inc., 5% General 1 6- 6c —. Prost Lumber Industries General April on Taylor & Fenn Co. (quar.) Teck-Hughes Gold Mines, Ltd. 5-15 $2.40 7c — series Extra 25c : 1 5- Screw 2nd $4 5 4- Funds- stock Utilities held 5- 4-15 1 56- 30c (quar,)___ Proprietary, Ltd.— W'iborg Class 4-20 4- 6-30 60c 60c 4-20 5- 33%% _____________ ______ Stovel 3-31 Food 3%% dividend & Avco 4-15 $1.25 (The) 3-21 5- $1.03% (quar.)__ 5- $1 preferred A preferred B 5y2% 4-20 Light—40c 9-15 12-15 Co.— preferred Refining Co. Austin, 4-20 ique.r.)____ Gas RR. non-cum. convertible Au'lt 5-15 5- 97'/2c ______ 1 25c $1.20 conv, prior pref. (quar.)_ Auto Fabrics Products Co., Ltd.— 55c 92'/2c iquar.)— com. Line 1 $1.50 . 6-15 7- 10- 1-2-51 22 %c , Atlas Plywood Corp. 4-17 1 31J/4C (quar.) Public Service, preferred 4-26 1 4- preferred 4-15 ; 4- Coast 3.75% 3-24 5% 5% 5 % Roofing-r- 3.70% 100% • (quar.) (quar.) preferred (quar.) 2nd preferred (quar.) 4% 3-24 3-30 Southwestern 4«15 Fitchburg Gas & Electric Light Co. (quar.) Formica Company (stock dividend) Machinery <fc Chemical Corp.— Telephone preferred Atlantic 4-18 3-30 Iron 6-30 4-15 ______ 7%c (quar.) Co., Ltd.— **" 4-20 40c States 9-29 5-1 ... 7%c Atlantic 3-30 5- ■ 40c America of 7-15 5 4-15 27%c quar.)— (Increased 1 37%c (quar.) $1.50 6 75c Shares 7%c preferred preferred 4% -■ Fund (quar.) conv. 4% V4-'"3' City Stock Yards Co., com. iquar.)_^ participating preferred (quar.) Sioux £$1.63 ——_ • . . . Topeka & Santa Fe Ry. (quar.). Atlantic City Electric Co., common (quar.)— 4.35% preferred (quar.) 1 5- 5-18 4- pfd. Foods pfd, 5- 3-15 preferred 5% 4-14 4-29 4 4-15 $1.12% __ Atchison, ■* Common —- * (quar.) Referred (qaar.) 4J/2% 10c 20c Pedders-Quigan Corp. (quar.) Federal Grain, Ltd., G%% pfd. (accum.)— Federal Service Finance (Washington, D. C.) preferred Mfg., Associated 4-12 4-15 4 4- conv. 6% 4-17 1 4- 4-28. conv. 4-17 r (quar.)_______. Corp. 25c _ 3-15 J20c (quar.)— (quar.)______ 5% 10-14 (quar.). $0.18625 1 4-15 20c Hampton Electric Co Brewing Corp., 4%.%. pfd. 6% 25c 65c & Palstaff Bartush Sheraton 4 preferred Corp., 30c (quar.) "Artkraft 4-28 6-16 4-28 Corp., conv. 4-20 4-28 50c 25c ' 6% Container & 4-15 5- (quar.)__ Class B £25c _ 4 %% 1 5- $1 Ltd., class A £$25 (quar.) ; Employers Group Associates Esquire, Inc. (increased) Exeter £25c .. RR.____ '*"* 7- 4-28 Holdert Payable of Rec. 30c Corp., common.. — Southern ____ Whitehall & 4-20 1 Gas 30c Steel Armco 5-15 —- Share Company Arkansas Natural ' 5-15 4-15 4-24 5-15 5 4- Rutland (quar.)—______—25c A Protective Co.______— 5- $1.50 — 4-12 dividend)___■—_- dividend class '. 4-26 75c 5-15 Empire Brass Mfg. Co., Ltd.— $1 Electric (quar.)____ $1.75 ———* Electrographic 75c 50c 50c *' (quar.)____—_______——1 £$1 15c Products, common (quar.)——_ 4%llo preferred (quar.)__ Nut Corp. preferred $2 —_— Ekco Stop $3 Rayonier, Inc., common $2 preferred (quar.) 3-29 1 When Per Name of 4-14 5- 5-15 —— Telephone Co. 4-28 50c I^ile Co., common 1 *, (stock —— Raymond Concrete 4- 4-10 Co._*—$1 Mills, Inc. <quar.)__^_>_____——25c Robbins & Myers, Inc.— Y $1.50 partic. preferred (quar.)__*___^__„. 37%c Rockland Light & Power Co._— 15c Roper (George D.) Corp 50c Corp., Ltd.—————— Township 5-15 Holdert 4-20 75c Robbins —— Semi-annual Fuel 5- Drug Company, common (quar.)— 7% preferred (quar,) Duplan Corporation When Monday* April 10, 1950 Payable 0/ Rec. Share (quar.)___ Ry. Valley Wine Co.___—10c 5- iquar.)—_ 25c (quar.)—25c (quar.)—-——.$2 York—____ CHRONICLE Per . Northern 75c - New 1 FINANCIAL Company & 6- Dow Stock 5 4- stock Discount Corp. of Dominion Square Elastic 4- 4-15 Y.)— Denver Union Stock Yard Eastern 4-15 Piedmont 25c 6'/»c Ltd., class A (quar.)—- common ■. . 4-20 Mfg., voting common A debenture y Name of 5-15 60c ——.—■ ___ . $1.50 ~ (quar.)__. Exchange Bank Trust Co. (N. Quarterly Holdert Payable of Rec, 18%c iquar.) Corn When & COMMERCIAL 4-15 3-15 tlOc £$1.12% tioc; ■i (quar.)_ A 5- 1 3-27 4-15 3-30 4-15 > 3-18 JlOc 7-15 6-17 ♦10c 10-15 9-18 \ ■j, A. Volume 171 1 . Name of Number 4897 Per Company Carolina, Clinchfield Carolina Power & THE i * j & Ohio Ry. Light Co., - (quar.) •./, Share Tractor Co., 4-20 5- 1 $i 5- 1 4-20 < 50c ___ i 5-10 4-29 4- Central Hudson Central Ohio Gas & 25c _____ 4-29 Light }50c & 5- Co. Cinzano, Ltd., class A common-—,™ Bar Knitting Co., Ltd., class A (s-a) Stores Co., A common Cockshutt Plow Common (quar.) Mutual 7% Life Semi-annual - Dow 1 7-20 5-15 $4y2tl . 4-15 5- Commodore this Hotel, 5- 7% Gas (New preferred Confederation ■ • Quarterly Quarterly Quarterly Ccnn Association $2.04 Class A 11-1 4-10 3-31 ■'.? 10- 4-10 3-24 4-15 3-28 4-27 4-13 ;> v.-,. \ 14c Co. (N. 4- 3-31 1 3 $1.25 6- ; 1 6-10 9-15 9- 4-15 4- 47'/2c 5- 1 4- 50c 5-1 4- 5 55c 5- 4- (quar.)_ $1.50 -_• 1 6- $1 1 5 4y*% 5 Felin 6% 5-15 3-31 5- 4-15 ■ 37'Ac (quar.)„ 1 25c 5- 1 $1.25 5- 1 4- Consolidated each Natural share Gas Co. (s-a)— 4-10 |$1 V 3-31 6% conv. pfd. Life preferred Continental Corn Insurance Products Co. (N. Refining Co., Y.) (quar.)_ com. preferred (quar.)_„ Cornell-Dubilier Electric Corp., $5.25 preferred A (quar.)— Coty, Inc. (resumed) 50c 4-15 3-31 $1.31'A 4-15 3-22 25c 4-10 3-30 6% 30c 4-10 3-31 6% 25c preferred 5% America, 6-16 9-15 $2 class class A class A Corporation, pieferred A (quar.)— Oil <fc Refining—: Biothers, Inc. (quar.)— Rubber Co., common of 4-29 50c 4-15 15c 4-20 4- (quar.) $25c Delta Air Gasket Detroit-Michigan Co. Stove 93%c Stores Quarterly Quarterly Dodge Mfg. — 5 5 5% 4-10 Transportation A , 5- 1 Co. 1 - (s-a)^ 25c (quar.) (quar.) Trust common Gillette 4-14 $5 4- 3 4-15 4- 1 4-15 Company, 3-27' . ~ Safety Razor Co., preferred ,,'Gimbel Brothers Inc., $4.50 preferred 4-10 3-31 9- 8- i 5c 2c 10c 1 8 State 3-31 5- 1 4-15 Gotham 4-15 3-31 Goulds 4% 5% 20c 6-20 6-15 9-20 9-15 15c 5-15 5- $17'Ac 4-29 3-29 25c 4-28 4-14 1 Co., pref. Hosiery preferred 5-15 4-25* 1 5- 1 L.) 7 5- 1 20c 5- 1 5-20 25c 4-10 4-10 < 5- common., 1 (quar.) 3-15 4-15 l-J 40c 15c 5- 4- 3 1 4-15 $37'/2c 4-15 3-15 35c 4-15 $1 4-15 3-15 3-31 1 Canada^ Ltd.— (quar.) (quar.)___ t$1.75 5- . 1 5- $83Ac (quar.) $60c ______ com. 1 4- 3 4- Management Fund, 4-15 7>/2c * 3 5- 1 3-10 4-14 i 50c 4-14 3-23 $40c (interim) 4-15 3-15 $75c Inc 4-15 3-15 15c Rhode Island, (quar.)_,_______: 4-15 3-31 14c 4-21 3-31 $1 5- 1 4-14 37'/ac 8- 1 7-19 25c 8- 1 7-19 com.__ (quar.)„__ 37'/2c 11- 1 10-19 25c Company, common (quar.)__ 11- 1 10-19 62'/ac 4-28 (quar.) 60C 4-14 5- $1 1 4-10 1 3-31 5- 1 3-31 5/, 1 4- A (quar.) 4-10 1 6-20 6- 6 'V Kable Printing Co. / $1 5- 1 87'Ac 5- 1 5- 2c 5- 1 4-20 3c 5- 1 4-20 > (s-a)__ Mutual Fund, Inc.. Joplln Water Works/6% preferred Journal Publishing Co. of Ottawa, 4-17 1 ! preferred series preferred B (quar.) Johnston 3-31 5-15 5- Johnson— 2nd 2nd . 4-14 1 20c 4-20 3-31 $1.50 4-15 4- $20c 4-15 3-31 15C (quar.)_ Lld.___. 4-28 4-18 (quar.)___^ 1 Kansas City Power & Light— 3.8% 3 4% preferred preferred (quar.)___ (quar.) Ry., , 95c v 6- 1 $1 _; 4-20 3-31 4% preferred (quar.)_ Kellogg Switchboard ft Supply Co., 5% preferred (quar.) 1 7 6- 1 5-15 > 5-15 King-Seeley Corp., common (quar.)_________ 25c 4-25 4-10 $1.12ya 4-25 4-10 Kingan St Co., 4% preferred (quar.)___ 4% "preferred (quar.) ! 4-20 4-10 Kirkland 5-31 5-16 Kress 25c 4-15 3-27 Kroehler $1 6-15 5-15 6-15 5-15 4'/a% 4ya% 4-30 4-10 - 1 4-14 ; 5- 15c 4-15 25c 4- 5 (quar.)_ 4-15 4- 25c 4-10 3-30 4- 3-22 25c 3 4-14 3-31 56'Ac (quar.), (quar.)— 5-15 5-1 30c 4-14 3-20> 50c 5- 4-14 1 Mining, Ltd.— Si Company (quar.)___ J 5% conv. 4- 4 4-29 4- 4 40C 4-15 3-31 $1 " 5- 1 4-14 $1 8- 1 7-14 $2c 5- 1 3-31 50c 6- 1 5-10 (quar.) $1.12'A $1.12'A (quar.) $1.12'A Brewing Co preferred , 4-15 4-29 (quar.) La Luz Mines, Ltd.,, La Plant-Choate Mfg. Co., 5 20c Gold Mfg., preferred A preferred A preferred A 4'A% Krueger (G.) * 25c — (irreg. >___ (8. H.) $1.25 ........ Lake 3-31 $1 15c $1.25 com 50c (quar.)_. 2* 3-21 4-2»- 50c Co., com. <quar.)__ pfd. (ouar.)_____ of 5- Corp.— par) Johnson Ranch Royalty Extra 4-1 — Company, Inc. 8- 4-10 4% Foundation, Ltd., preferred Tea 4% 4-10 5- 5- 5- Grand (H. 1 1 583Ac (quar.) (F. Johnson & /■ 5-26 (quar.) 7 95- 7-18 4- Industries, Inc.— Drug Stores, Inc. (quar.) Grayson-Robinson Stores, common $2.25 preferred (quar.) Great American Insurance (N. Y.) •6- $3 55c 4-17 5-30 Inc. 12-20 1 1 4-25 (quar.) common 7- 1 $1.50 $50c Co., 12-30 $1.50 ■ 8- 25c Gray Green $1.25 3-24 5- 75c (quar.) Pumps, Inc., -9 20 93%C (s-a)_, Goodyear Tire & Rubber, common (quar.)__ $5 preferred (quar.)___ Goodyear Tire & Rubber Co. of Canada, Ltd. 4-11 20c Ltd. 6-20 9-30 9334c (increased). Corp. Co 6-30 (quar.) 25c Co. ,5- 1 sj 4-10 (quar.) 4-10* 15c pfd. (quar.) & 6-15 50% (quar.)____ 5- 50c $1.25 common 4-20 5- Kansas City Southern (quar.)__ Gladding McBean • 5% com. 1 30c 3-31 preferred 4-10 $25c 4-15 preferred 3-30 $$1.25 3-31 4-20 33A% 4-20 $1 — 4-15 l2'/ac .. 4-15 33A% $l,37J/2 (quar.) 3-31 4-15 5-10 $1.25 (quar.) 4-10 5-10 >5-1 933Ac $6 preferred 4-10 4-29 ' 6c - 6-20 4-11 56'Ac L.) Company, 5% pfd. Jersey Central Power & Light— V 4% preferred (quar.) Jewel 87y2c — 1 1 15c Participating r 75- 4-18 5-25 50c (Boston) $2.50 4-17 5-22 50c convertible pref/(quar.) Jacobs 3-17 11-20 5-25 $1 common 6% :V " 8-21 1 933Ac . dividend), Investors Mutual, Inc Investors Trust Cc. of 3-31 1 1 50c iquar.)___ 4-20 V v. $1.06yi 4-10 75c Corp.— (quar.) 1 69- Co.— Investors 5- 4-10 12- 25c Participating 4-25 4-20 25c ' Ltd. Investment ' 50c Common 5- 3-31 4-10 1 25c i 6% convertible preferred (quar.)__: Interstate Department Stores George Golden —— I2V2C 4-25 5-1 5- $25c Co. ($100 $2.50 preferred Wares, Ltd., (quar.) 4-10 Dome 3-27 $1 preferred 4-101 _ 4-10 Harvester 1 (quar.) 4-20 — 10c 4-14 >25c (resumed). International Resistance 4-14 4-15 1 25c (stock preferred ($5 par) International Power Co., 4-14 4-29 1c 25c (quar.)__ Nickel preferred 4-20 5- 37'/ac ________ I-„I— Light Co., Milling, 7% 4-14 4-29 & 4-18 Canada, Ltd.— 7% 3-31 25c —— 4-20 30c — 1 4-24 55c (quar.) (quar.) Globe-American (quar.), (quar.) common Putnam Fund of Boston— Certificates of beneficial interest Gerrard (S. A.) $$5 — ; 5- $50c ; 12'Ac > 3-31 $1.25 i 50c — 4-15 3.31 25c (quar.) International 5 preferred preferred General Steel 3-31 *■" : (Indiana) $15 Co 3-29 4-15 $1.25 of International 3-31 3-31 4-28 4-15 ti5C _ Co. International 9-15 4-21 4-21 5-17 1 $1.25 Brownhoist 4- Public Service, $4 4-10 (quar.) Mines, Ltd Dominguez Oil Fields 44- 4-25 Fund— Co. 4-15 4-15 4-10 4-25 ' 2 $35c Inc. (quar.) Corp., preferred $5.50 6 10c — Cox $5 4-25 participating preferred (s-a) Dictograph Products Co.,, Inc.— Dividend Shares, Inc & 2c 12- —15c 6% 10- 6-15 g- ■ • v International Bronze Powders, Ltd.— 6% participating preferred (quar.)__ 12- preferred Investors —15c Co 1 37'/2C preferred General Industrial 5-25 5-31 10c Indianapolis Power 1 6 4-25 6-15 $1 >, (quar.) RR. preference 4-20 A 25c Steel Products Co Diamond Match Company, Dodge 6- 6 9- 6 50c (increasedi Detroit Dixie-Home 6-19 25c Mfg. 7- (quar.)_™__ (quar.) (quar.) Indiana Associated Telephone $2 preferred (quar.) : ,x 37'Ac (s-a) Mills, Co.—30c & , 5-15 50c Co. A common preferred 12-20 Corp., Motors 9-18 4- 4- 4-19 . 4-25 6-10 * 31C Incorporated Investors 5 4-15 5-15 50c (quar.)____ Co., 30c preferred $3.50 Power 35c preferred General Lines Edison Detroit 4-15 15c Ltd 4% 4-15 25c 4-15 „ 6-27 9-26- 1 12-28 6-21 9-20 12-20 25c 4-14 4- $5c 4-12 3-10 7 Inc.— (quar.)— 31'Ac 5- 1 4-17 10c 4-10 3-31 La Salle Extension < Increased 8 1 5- 25c preferred (quar.)__„ _____ 5% 9-15 ——— 4-30 4-25 35c 56'Ac ' (quar.) (quar.), 4% 10-20 Corp; of Canada Light Co. (quar.i— 4- 5-3 ! 53'Ac Y.) preferred 4.70% 3-31 4-20 5- General —— Company 4-17 $1 5-15 5c (quar.) Illinois Terminal Illinois Zinc Co 7 65c ; (quar.) 4-20 General preferred Imperial Tobacco Co. pref. (quar.) Inc.— Company, 11-15 12-18 4-14 San Fran¬ com. (N. preferred Illinois 3-31' (accum.) 4- 3-31 ™._y. Illinois Central RR., common 6% ncn-cum. preferred 4-15 (quar.)— 4-25 3-17 Debenture & Securities Delaware Power & 1 15c 6-15 ' 5- 65c 4_15 4-29 4-10 common—. Corp. 5% 4-18 $1.50 Co. 5% 3-27 60c 1 :— 4-28 4-12 (increased)——' 1 Corp., j 5 $1.25 (quar.)!-™ Sash & Door, com. 4-18 $1.06'A (quar.)____ (quar.) Electric 4- ;—__ 4-28 Finance Corp.— 7- — Danciger 62'Ac common.. Foods pfd. 5% 5% 8-21 American General $2.25 8-11 9-11 General 50c 9-15 / -v:: Baking Co., 50c Davidson 8-15 ******* 30c General 5 Co., (quar.) Hub Loan Company, 5% preferred (quar.), Hussman Refrigerator Co., common__ 5-19 3 . quar.),, >' 6-15 5_ 40c 45c Inc. (initial) IIIIIII-ZIII Finance Corp., common (quar.), 4-15 5 5 (quar.) preferred 1 4- 50c (increased $$1 . 3-17 Fund, 33A% 6-10 5- 50c com. 10-1 5 4-15 (quar.) 30c 4-15 8- A (quar.) Denver $1.121/2 ._____™ 7- 1 4- 25c (quar.)__ & Hardart Hudson . $2.50 5 4-15 20c (quar.) 25c —— 4-14 1 4- 25c Manufacturing Co., Ltd.— Household (s-a) preferred (quar.)—Company, - preferred series $3.75 (quar.) 5- 3-21 4-15 l5c Houdaille-Hershey 1 -y-. (quar.) 5-15 4- Horn 5- $2.50 Co™__—————————* 8-15 $1.12'A (quar.) (quar.) $2 Detroit Sixth 10c 11-6 . 3-17- 5-14 \ $1.50 Company, 5% General $4.25 • 4-15 25c $1.50 Co. Canada. 10c (quar.) $2 class A Power preferred 3 4-11 Co. (quar.) 10c preferred Vilbiss West preferred 4% 9-30 $1.12'A Curtlss-Wright Corp., $2 of preferred 7- Semi-annual De Co. preferred 6% - 1 * (quar.) Maryland Insurance preferred Gardner 1 5- 3-31 4- 25c $1 non-cumulative class A (quar.) $1 non-cu^hulative class A (quar.) $1 non-cumulative class A (quar.)__ 5% preferred (quar.) 8-11 11-10 4-15 3-30 _____ (Henry) & Company, 5-12 1 1 $50c General Cunningham Drug Stores, Inc. (quar.) Atlantic Sugar Co. (quar.) Curlee Clothing, 4V2% preferred (quar.),—: Dayton 6-14 ' 1 9- $26c (quar.) of Ltd., (Robert) $1.75 Cuban 33i% 4- 6-30 6- 4-17 4-15 Holly Development Co. (quar.) Holly Sugar Corp., common (quar.) 6-30 5-10 1 12- — & Company,; Products, Inc.— of $1.75 ~_™__ Dana 4-11* 4-15 $2 — A 5-19 30c __ —— 4'A% Gair 7-25 6- ■■ Stores, Inc.— preferred preferred $2.20 Holden 4-1 1 21'Ac Inc.,^_ (Edward) Lumber (R.) & Co., $4 class Class $25c (quar.),— ^ Mills Gabriel ______ 3-31 $1.25 (quar.) conv. Frontier 3-31 4-25 1 4-15 5- "37yac (quar.)___ (quar.) (quar.), Hoffman Radio Corp.— New common (Initial quar.) 4-14 4- $1.25 (quar.)___! Telegraph Co. (s-a) Fraser Cos., Ltd., common Froedtert Grain & Malting Co., 3-31 4-25 4-15 4-28 pfd.-(quar.) C Monthly Hoe 7 75c pfd. Hlnes 5 4-15 $1 Insurance Co. of Canada Four-Twelve 6-15 90c __________ Creamery Package Manufacturing Co. (quar.) Crown Cork & Seal Co., Inc. (quar.), Crum & Forster, common (quar.)— w 8% preferred (quar.) —: Cuban-American Sugar Co., 7% preferred (quar.) 7% preferred (quar.)—————— Cudahy Packing, 4'A% preferred (quar.),— Culver Corp. (s-a)_———_______ Extra 1 $1.75 (quar.) 7% 7- 4- 32'/2C Franklin $1.13 4-15 $1 Extra (quar.)——_______ 30c ' — Foundation 4«/2 % 6-28 1 Insur¬ preferred B (quar.) Hibbard, Spencer Bartlett & Co. 6-28 7-15 & 5% 5-12 7-15 30c Insurance 4-10 5-15 6- • $1.25 4-25 1 1 70c 4-14 preferred series A (quar.) preferred series B (quar.) 41/2% 3-24 60c (quar.) 8c 6- 4-10 4- 5- Hewitt-Robins, Inc. (quar.) Heywood-Wakefield Co., common 3-31 v 3-31 4-28 683Ac 40c Products preferred 4'A% 4-13 4-15 4-15 $1.12y2 ^ .JEonvertible Prefefred Holt 3-31 $50c 7% 4-15 25c ■ quar.),,,, 4-12 : 1 50c (quar.) Fort 4-17'" 5-19 5- 4-25 4-20 Hershey Chocolate Corp.— 1 15c 15c ________ 6- 15c Participating preferred (quar.) Consolidated Royalty Oil Co. (s-a) ________ 6-15 Steel 4- 6 $1.50 Inspection common Powder g 5-10 $1.12y2 Corp Hercules 6. • - (quar,). Hercules 3-31 $1.50 Pitt Brewing Co. (quar.) Foster-Wheeler Corp., 6% prior preferred (quar.) 6% prior preferred (quar.), Consolidated Textile Mills, Ltd., 5% preferred (s-a) Continental Gin Co., 4-15 20c 25c 1 4-25 $1.50 Fidelity-Phenix Fire Insurance Co. 1500 Walnut Street Corp., $3 pfd. 5% 5-15 5-25 Mfg. Company, 8 60c 4>A% Industries, Common 1 Railway— cisco (quar.) Firestone Tire & Rubber Co 7 6- Hecht 5- (quar.) Paper Co. (quar.) Consolidated Royalties, Inc.— Consolidated 3-15 5-15 , prior Flour 200% 4-17 — Fleury-Bissell, held)——* $1.25 Co.. cl. A. (see Max Factor Co.) Fireman's Fund 4-17 Y.), Hayes Hayes 4- 1 6- . Co preferred B preferred D 5% 4-10 > 4-25 (quar.), A Fidelity & Deposit 4-15 5% $15c (John J.) Fibreboard Electric, $$1 1 (quar.) rr convertible ■ Electric 6-1 (s-a) Traders Common 5 4- Haverhill Hawaiian 4-25 (quar.) Co., Lithographing Co., 6% 3-31 4-14 4-10 (initial) (initial Havana 1 x 11- I * (quar.) 1 8. 6_20 Marx Boiler 5- -' • 5. x 4-15 125c Corp. of America— 4y2% preferred (quar.) 4-25 (quar.),, 60c (quar.) Hat $1 pfd. Phonograph Corp. A Co., & Fire 1 x Cementing Co. Light Co. 5- 17c (accum.) Federated Department r 1 51c _ Federal 5 5- 5 5c Quarterly Quarterly 4- 5 4-15 1 4- $1.12y2 (T. Factor (Max) 9 15c _______ for preferred Farmers 9 12- 44- Co., preferred Fairbanks 12-15 4-15 4-15 4-15 Steam Co. ance 87VaC H.) Co., Ltd.—• 4.16% preferred (quar.)_^ Eversharp, Inc. (resumed) 4-29 6-15 $$2 t$2 preferred (quar.)_ Consolidated Gas, Electric Light & Power Co. (Baltimore 1 stock dividend (Two addi¬ shaies Railroad Hartford 1 * $5 preferred A (quar.) Esmond Mills, Ltd., 5% preferred 5-15 5-15 $1 (quar.) Equipment— (quar.) (quar.) ; & $5 4-14 5- $5 tional 4- Co., $2 Derrick f Estabrooks, —— Edison Boat $5 4-14 40c pfd. (quar.) 4-14 4-15 9. 12- 1 371/aC pfd. (quar.)_ & Electric 6-12 x $35c $2.40 Well Schaffner Hartford 6-30 6. - j35c %. ^V/y/oa Preferred Hart, 3.31 Canada, Ltd. Harrisburg Gas Co., 4-15 5-15 (monthly) preferred 4% preferred Equitable Gas Co. ■/>,;../•] 10c Corp. Emsco Erie — 1 $$1.12,/2 81'Ac Empire Millwork Corp Empire Southern Gas Co. re- ________ 3-15 5- 40c Street A Electric 4% 50c 12'Ac 6% B Steel Sault Emerson Radio & 9-30 35c $$1.25 _ 4-15 Oil 3-15 4-15 $1<25 of Quarterly 4-1 preferred (quar.) Ely & Walker Dry Goods Co., com. (quar.), 7% 1st preferred (s-a) 6% 2nd preferred (s-a)_, 4-25J Industries— Dearborn preference preferred Electric 6-13 Co., Heating Chemical Consolidated I $$2 Power tquar.)_ Consolidated 12- 6-30 common— $2.20 preferred (quar.) Connecticut River Power, Consolidated 4-10 1st Edgewater _ & 6% Mines, Ltd. Bakeries, Ltd.— Edison -v Halliburton 4. 5 4-15 t35c Co., 4-14 $3 (quar.) Brothers 4-14 $75C Hamilton Cotton Co., Ltd Harblnson-Walker Refractories 6% preferred (quar.J 4-1 $30c 4% partic. preferred Eastern Massachusetts 4-7 (Toronto)— (quar.)_ Car 1 4- 4-14 9 —i 5-1 5-1 20c Sullivan 1 w Consolidated Eastern per preferred> (quar.)— preferred (quar.): $2.00 7 1 — — .—— Light 4- Inc.— —^ preferred East 4-20 75c Year-end $1.90 9 5- — . Connecticut 6- Hampshire)— Ltd., 6 4-20 I 8- (quar.) 8 Nemours— 4-12 ■ $5 for de 5-15 $5 $105.50 4- Halle 1 1 $3 Canada— & Alabastine (quar.) 4-29 (quar.) of 65- 4-15 50c ' (quar.) 7 / 37yac — (quar.) Common 4- $25c (quar.*) Supply Co. 7- 87 '/2c — (C. G.) •4- I.) preferred Common $$1.75 preferred 1 , $5 Gypsum Lime 4-6 4-28 common & Co. 4-6 $25c Ltd. (quar.) 1 $25c (quar.) (quar.) Ltd. preferred Co., Realty 5-1 • . $25c Metals (E. 6- (accum.) Life 6 (Ohio) called at Co. Ltd., class B Co., (quar.) preferred 5-1 $$1.25 $40c (quar.) $4.50 preferred (quar.) Duro Test Corp. (s-a) Duquesne Light Co., 5% 1st Dwight Manufacturing Co 5-15 ./■ 14 Commonwealth Telephone Co.— $5 preferred (quar.) Concord 1 $3.50 50c — dividend), Inc.———— Commonwealth Edison Chemical 9-1 (quar,) ■■ entirely April 3-28 Ltd.— Per ' When Holder* Share-<Payable of Reo. 7% preferred (accum.) Gulf, Mobile & Ohio RR.— Chemical Co., Ltd.— Textile $35c _______ share plus 4- 1 4-15 — on 3-31 25c „„„; demption & convertible du Pont 3-24, 60c —— Commercial Credit Co. 3.60% pfd. 1 Being 3-28 4-15 Dryden Paper Co., Ltd i 4-20 $50c Enterprises, Ltd.,5% pfd. (quar.)_ Quarterly 4-15 (quar.) Ducommon $35c Engineering-Superheater, $25c $35c $4 preferred A (quar.) $3.25 2nd preferred (quar.) 1 u.. Columbus & Southern Ohio Electric—. Combined Combustion (quar.), Guardian Ltd., 41/2% 8- com.™ Co. 4-15 (quar.) preferred $35c Insurance 1 convertible Common Woollens & Worsted, Donnacona Paper Co., 6- ___. „—_ Tar Dominion $2 : Semi-annual 5- $25c 45 Brewery Co. Griess-Pfleger Tanning Co. (quar.) Co., 6% pfd. (s-a> Guaranty Trust Co. (N. Y.) (quar.)__. 4-15 Voting trust certificates $1.25 (quar.)_, Colgate-Palmolive Peet, common $3.50 preferred (quar.) 1 , Western Grlscom-Russell 4-15 5- 5% 4-12 . — Common 6% (quar.) Columbus preferred Dominion Steel & Coal, 10c Common Common 1 Dominion 30C (quar.) 1 (quar.) Quarterly 30c (St. Louis) Co., Ltd.— 5- $37'Ac common Dominion Oilcloth & Linoleum Co., 5% $4.50 preferred (quar.)--—-.—$1.12'A Clinchfield Coal Corp. (quar.) ' 25c Clinton Water Works, 7% pfd. (quar.)™.:$1.75 Club Aluminum Products Co.——— Coca-Cola Bottling $20c Drexel Furniture (quar.), (quar.) Illuminating Co., 5 — Ltd., 4- 4-15 25c (quar.) Cleveland Electric Co., preferred 3-31 5- $75c 4-10 1 45c Circle Class 7% 3-31 Griesedieck 8 $$3 Dominion Malting Co., Ltd., Common (quar.) 20c (quar.) ________ City 7-15 * (quar.) 4-18 15c New Orleans & Texas Pacific Ry. preferred ; (quar.) 5% preferred Glass 4-15 4-151 $12 Vic (quar.) 3-31 87 Vic Cincinnati Gas & Electric, com. (increased), Cincinnati Inter-Terminal RR. Co.— 4% preferred (s-a) Co., 1st preferred Dominion ______ Cincinnati, 6% 12c preferred (quar.).__ Chicago Corp. (quar.) Chicago Molded Products (irreg.) Oil convertible Dominion 50c 3 'A% Cotton 7 5c Inc Chesapeake Corp. of Virginia Chesapeake & Ohio Ry.— Chlckasha 2nd 4- _m n Name of Company , 4-28 4-29 $43c 5 Power— (.quar.) Chemical Fund, ' , 5-23 $75c (quar.) 5- 13c Increased quarterly -i; 45c Certain-teed Products Corp., 4'A% prior pfd. Entirely called for redemption on April 15"^,:'"/''at $105 per share plus this dividend 20c Chase National Bank (N. Y.) (quar.) 40c Chasers, Inc. preferred 4-15 37'Ac Corp.____ non-cum. : (1501) Holdere Payable of Rec. $40c Engineering Works, Ltd.— Dominion Fabrics, Ltd., common 7 4- 7-31 10c _______ ____™. Electric 5% When Share Dominion 4-20 25c _, Celtic Knitting Co., Ltd..! Centlivre Brewing Corp._____ Central Aguirre Sugar Co 6 $1.05 : - Company \ Bridge Co„ Ltd. (quar.) Dominion Coal, Ltd., 6% pfd. (accum.) Dominion Dairies, Ltd., common 3-31 5-10 50c common. Dominion • 4-20 4*15 />> 4- CHRONICLE Per Name of 4-10 50c Paper, 4% pfd. (quar.)..,™ Carrier Corp., 4% preferred (quar.) 4.20% preferred Celotex Corp., common (quar.) 5% preferred (quar.)_ Holder* Payable of Rec. $1.25 , common Carpenter Caterpillar When COMMERCIAL> FINANCIAL University— quarterly Quarterly Quarterly :— Quarterly Lake Superior & Ishpeming RR. 10c 7-10 6-30 10c (quar.) 10-10 9-30 10c 1-10-51 12-27 25c 4-14 4- t r 46 Lamston Mutual H.i, Inc., (M. Quarterly Quarterly 25c ' . —■—— Extra " ■ 4 Valley Coat Corp.— S3 non-cum. 1st preferred preferred 4*2% Satt Leslie 4-10 5-15 50c 4-la — $1.12Va Insurance Quarterly Corp. tquar.i National Lire Insurance Lincoln lad.) Wayne. Quarterly Telephone & — Common Co. Link-Beit Oil Lion ' (quar.) preferred 37*aC $1.25 .— (quar.) --- —- (quar.i Co. 5- 1 8- 1 11- 1 (quar.) (Thomas J.) Inc., 6% preferred— Entire issue caaed for redemption oi. July 1 $30 at Lock per Joint 8% Pipe Ino Lockwoxi-Dutchess, Louisville National 5% 5% preferred Louisiana National 5- 1 4-21 The 45c $1.25 31'Ac 4-15 4-15 4-15 3-31 $1.50 50c 50c $2ob (quar.i— par) <$25 par) (quar.) & Light Co.— Power preferred (quar.;—... 5- 1 4-10 5-15 4-15 " ... Company, Ltd. Lowney (Walter M.) Luzerne 3.8% M. J. preferred M. & 4 Mackinnie Oil $1.00% Drilling 6: 55c Drug Stores, Maine Central pfd. 5% Maltine Metal Bond Manufacturers 4-14 v4- 3 $1.06*4 20c 5- 1 4-15 4-15 4- The 3-31 . . • 3-31 $5 : _ Selected 5-15 5- 4-14 4- 3 4-15 4- (N. Co. Y.i (quar.i— Telegraph & Telephone Co., Ltd.— Common 1— W-—-i——- Mar-Tex Realization, Common Massachusetts Tnist— ° Investors Massawippi Valley RR. Macotta Maul Stock Max & preferred (quar.i— —r. . Clas.i ' — Iquar.i—— (quar.) & v Co. Co r • preferred (quar.i 4Va c/o, preferred (quar.i 4vb% preferred (quar.) Michigan Bumper Corp., (quar.) Michigan Gas & Electric Co.-- preferred — Bakeries, Corp., Ltd. Midwest Rubber Reclaiming, 4preferred (quar.)__ Manufacturing Cc., Northern Indiana 4 . A (quar.) Minnesota & Ontario Louis Mississippi & $6 Power preferred preferred Class 3-24 4- 1 Oliver Corp., 4-15 4- 1 Oliver United 4-15 4- 1 Olympic 8- 7-15 1 4-14 4- 5- 1 1 6-12 Omnibus 4 Light Loan A —37'/2c 4-25 7% ' 5 4-10 4-14 Company, Oxford 4- ' Society, 5Mj% pfd. / __ Co— Coast 5-10 4-15 4- Ciass 4- common 17V2C 4-20 3-31 Republic 4-15 3-31 Revere . 90c Class 3-31 4-15 5-23 6-1 4-15 5c 4-20 4- 5- :, 4-10 4- 5 4-10 4- 3- 4-10 1 Pacific 3-15 4-15 Corp. of America, preferred 4-20 $1.31*4 Co., : " 6% 6 5c — 5- 1 4- SO'Ac 5-1 4- 37V2c 4-17 7% 1st 7% 1st 7% 1 50c ; 3-31 4-29 $1:12*2 1 4-12 5- 7% Mfg. —,.J„i.-Vv. • ...1 10c States preferred Power, (quar.) common —— Munislng Paper, preferred 5% (quar.)— A (quar.)__„ Chemical Co. of 4-15 ' Parke 4- 4-14 Peninsular 4-20 3-31 3-31 Common 4-20 $1 ' 5- 25c 1 ' ■ 6- Common $1 1 1 5-15 0-28 - 6-15 9-28 - $1 ♦75c 5-15 4-14 . preferred-(quar.) — preferred (quar.). preferred (qtiar.).——...—— $L50 " —$1.50 $1.50 -' 12-28 4 9-21 12-21 & v preferred 4- 4-15 preferred 3 6-15 $1.12*2 25c 4-15 4- 10- 2 9-15 4-15 4- Mfg. 1 4-15 3-15 1 6-19 7- 32*2C 10- 2 4-15 4- 5-1 4-14 7-1 6-15 $1.75 $1.75 104- 1 $1.75 7-1 $1.75 105- 3-15 6-15 1 19c : 3 9-15 1 $1.75 ; 9-15 1 4-20 93*40 5-1 4-20 10c 4-20 4- 50c (quar.i. 5- 1 4-14 5- 1 4-14 Co $1.25 5 3-20 $50c 4-21 4-21 3-20 $10c 5- 4- Ltd., common Mills. Ltd 4-15 $1.10 3-20 25c 4-25 4-15 of 1 1 Ages Rothmore Class 3-31 7% 4-25 4-15 Russ 50c 4-15 4- 5 A Russeks 75c 5-15 5- 6 $1 4-15 4" 0" Inc., ' r 4- S 4- 75c 5- 5 4-29 4- 62 V2C 7 5-15 $1.18% 1 5-15 , 1 1 9-15 12-15 62 *2 c 25c 5-15 5- 9- 1 12- 1 17 Vac 4-15 3-31 6*4 c 4-15 3-31 50c 4-15 3-31 $1.75 4-15 3-31 $1.40 4-25 (quar.) 15C 4-15 (resumed) 35c 4-29 4-14 7- 1 6- 4- 7 (qu3r.) Inc. Avenue, Foods. Inc. (accum.) —_ 8-15 8- 5 11- $$1.06 5 5-15 5- 5 8-15 8- 5 25c 11-15 25c 21-15-51 33c , , Ltd.. $2 1st pfd. 1st $18%C Flour Mills Co., . 33c . ; j Paper Mills, Ltd.— Francisco Ry.—* (quar.) __T "$$1.75 — ' 33C 11-15 11- 4 S3 33c 2-15-51 .2- 5 $5 preferred -tquar. 1 preferred "iquar.i 4- -•/ 4 4- 4 5- 1 3-31 5- 1 3-31 4-25 $$1.50 ... — — — • $60c — 4- 4 -4-25 4- 4 - • $1.25 —• • —, : $1.25 —- . 4-25 — preferred (quar.i— preferred (quar.i preferred „ $25c — 2nd Louis-San $5 7 Ltd.— (reduced) ' ; 6 3-23 4-25 +50c (quar.) (quar.) preierred (quar.) $2.40 St. 37 *2 c (initial) preferred Lawrence $G 4 2- St. 4- Light & Power Co.— Lawrence 7% 4-10 ' Ltd., iquar.i Common 5 25c St. 1 9-10 12-10 pfd. 6% Lawrence Corp.. 2nd 6- 6-10 25c Corp., common (quar.) pid. Joseph 75c 6-15 710- 1-2-51 62 *2 C —._ 1 6- 25c Fine Common —— 6- 25c 5th 4*4% St. (quar.) 5 $1 (quar.) 4-21 35c (quar.i.: Co 4 56c 4- Corp. Building Cc W & St. 1 4-15 3-20 4- 4-15 . Saguenay Power Co., ' 1 25C 4-14 4-14 Typewriter Co., common preferred Iquar.i 50c l 30c 50c (quar.) Co. - Co.— 4-14 — Quarterly Quarterly Royal $1.50 Y.) (N. — Button Quarterly 3-20 4-15 Insurance preferred F (quar.i 43A% preferred G (quar.)__ 9-19 $1.12*2 Co.—-— (quar.): '■&' 50c 4% Rock 32*2c preferred (quar.)__ ——: $1.32 prferred (quar.;.— $1.32 preferred (quar.) $1.32 preferred (quar.),; — $ 1.33 " preferred. '(quar:"):_.___—^_^_j.2f:._- 1 4-10 1 20c Inc Rochester Gas & Electric Corp.. com. Co.— (quar.). (quar.).i $1.31*4 (quar.) Quarterly 4-15 5- $1.20 quarterly) common 5- (quar.f— Co., Cotton Robinson 1 - 50c Telegraph "v Inc., ~ (quar.) Paper 4- 4-15 'i (quar.) Rochester-American (quar.)_ (resumed). 9-15 10- 2 - $50c 1 (quar.) Express $5c 25c 1 (quar.i preferred 6-15 7- $27c i — participating class A (accum.) preierred iquar.i ___— 1 4- iquar.i preferred 11-15 7-3 J40C $1.25 7 4-15 Corp Telephone, 8-15 1 12- Cement Co.— Riverside j (quar.).— Inc. 5-15 1 9-1 $40c . ' common—"../ Inc., Raisin River $5 $1 1 America— 6% Tilford, (quar.)l(quar.)— (quar.) 3-27 Ltd. (s-a) (quar.)- Motors Davis 4-15 ■ $1.50 50c 6% & Park 3-31 4-20 62>/2c ; Muskegon Mptor Specialties— class 5-10 4-30 62V2c (quar.i & Telegraph 5-31 tl2'/2c (quar.) Paramount 6» $40c (quar.)__ (quar.i—: preferred preferred 2nd Rich's, 5 4-15 20c 25c (quar.)— Companies, preferred 4% 5-10 5-31 lc Paraffine Co. 5-10 i-.'S Corp, preferred 2nd 7% > 4-15 3*4% (irreg.) Co. 1 Inc., common (quar.) 2nd Inc.— (quar.) Corporation 3-31 Mills, Ltd. & Pacolet 6 ——— (quar.i.: preferred Packard-Bell 6 (quar.)———————— Co Telephone 6- $28C preierred preferred 6 Inc.— Cement 4-15 25c ' _ Racing Association, Revere 3-31 4-15 20c (quar.)_ ___— Packer common A'((quar.)_ 4- 4-29 Portland Pacific 1 5- Ltd.. preferred 3-31 4- 4-27 18o - Lighting Corp., $4.50 pfd. 4.40% preferred (Initial quar.) 6 4-20 5- Brass___ Copper & Brass; 5 25c 1- Pacific 4-11 1 4-15 4-20 1 $25c iquar,)__ Mills, Aviation Rice, Stix, preferred (quar.)-;——- (quar.) & (quar.i__-_i Rochester Common 3-27 A 514% 15c .' (quar.) (increased 4-14 1 5- v 5 15c quar.) 12*2c Common V 1 5- 25c $5c Robertson Electric 3-23 3-29 50c (quar.) 3 (Calif.)— Intcrmountain 5-15 11-15 A 4-17 (resumed) — (increased) Terminals Co., & 4-13 5-11 4-13 $1.25 — prefeired Renold-Covcntry, 4-12 4-27 Extra Corp. ; 3-31 50c 50c (quar.) Ltd., non-cumulative preferred non-cumulative preferred nonrcumuiative preferred $1.60 ; ' Ltd.— Canada Copper 4-14 —_ preferred conv. Pacific 6-15 12-15 12'/2c — IMountain States Telephone 6% 25c Co..— Gas t50c Co.— Royal Rice Mutual 4 -4- 10c 5% 50c — Plan conv. 4-14 ■ $$1.50 ' redeemable $1.60 4- Pacific 35c (quar.i. Morris $2 4-15 4-14 Pacific Finance (see Philip Morris>— 5% "5- 1 4-25 Ltd.-— (quar.) B Regent, Knotting I 4-29 3-15 $1.50. common (Philip) Mountain 3-31 5% 1; 4-15 4-10 A.), $2 class A (C. Class 5- j 5-25 . Co (Mass.), Corp. preierred Reed 5-31 $1.50 v 3-13 4-10 $1.25 ___ _____ $25c Equipment & Realty, preierred (accum.» Puntip 5% 5-15 4-15 ■ (initial quar.)_ Morris Extra 4-21 4-10 Reda 3-20 5-15 (irreg.) 1st Recce 50c 3-23 (quar.)38%c,; & Mount 4-15 • " Telegraph Diablo 4-14 v • (quar.) 4-10 t50c MorrelL (John) Mount % $$1.75 Paper 41,a% 5 $50c — Montana Power Co., com. $8 preferred (quar.) $2.25 $87 *2 C 5-1 : Reading Company, common (quar.)_! 4% 2nd preferred (quar.)________ Co.—— t$l — (quar.)—, Motorola, Inc. common Pacific Coast Aggregates, 4-15 1 4-15 Corp., $1 — (extra)— Ltd. 5- 10c 4-10 15c (initial Television & preferred Pacific $1.50 (quar.)— 4-29 6% 4-15 ; Elevator 3-31 25c Line Co. Montgomery Ward & Co.. Montreal 4- 3-31 15c 3-31 Ontario Steel Products, Ltd., com. Co.— Semi-annual— Class (quar.i & Eleciric Service— Semi-annual Monroe 4-15 5-15 '3-31 quar.i———; Increased 4-14 7- •4-14 Railway f 4-le 1 5 1 4-29 4-29 15c 4V2% preferred (quar.) Filters, class A (quar.i Radio 4- .yv" v.. 4-15 4-29 " 4-15 3-24* 4-15 '? Quebec Power Co. (quar.)...^ 4-14 — preferred (quar.)—— 514% 4-15 1 4-15 6-1 Ogden 11-20 $2 5- % 6- 1 $1.25 (quar.)—__ Quaker Oats Company, common preferred (quar.»______ 4-15 5-10 $1.25 4-29 ' 1 4-24 5-15 - 3-15 6- 70c 4-29 i; 4-15 66c 4-20 $1.20 com. (Initial 3 $2c 25c 4- ■- « $1.06*4 4-29 5-15 3-20 4-15 4-15 quar.). 5-15 5-15 3-20 4-15 $75c dividend (Increased 5-15 5-15 1 4-11 preferred (quar.i Puget Sound Power & Light, 5% pfd. (quar.) Purex Corp., Ltd.____.__Purity Flour Mills, Ltd.— Redeemable preference (quar.) $1.06*. Corporation— 2nd liquidating distribution Og.ethorpe Fund, Inc,_ Oklahoma Gas & Electric, 4% pfd. ;; 8-21 • 15c (quar.) (Robert) Chemical, Noxzema 1 4-11 •' 25c 4V*%: 5-15 $1 (quar.) Ry. Co.,; Valley Barge Missouri Gas Mitchell Power (Minn.) $4.80 Otis Paper Co. 4-22 $12c (initial quar.) 5-31 — Common 4-26 * 5-18 5- 3-31 1 Service— Public preferred 15c $1 — Minneapolis & St. Mississippi 414% Northern States Miller Class 24, at $105.25 per share plus this 4-22 $1.18*4 Engineering Works— Northern 4- 5- $$1.50 5 4- 4-15 ' ■ 6-15 25c 50V4c Entire issue 4-22 Ry.— 10c (quar.i com. 4-22 4-26 1 (quar.)l—^ 25c 4-26 4-26 • preferred Piping & Supply Midwest Public 25c 4-12 4-20 t50c 4-22 81.60 $3.60 (s-a> 4-26 ' 3-31 4-15 (quar.) — Co, of Colorado, 4.40% pfd. called for redemption on April Service 3-31 4-20' 90c _____— Gamble Co.. & 4-20 45c — ______ Procter . adjustment preferred (quar.) North American Refractories Co. (quar.) 7 Ltd... America, Inc. 8% pfd. Pressed Metals of 3-30 4-15 > 6c Prosperity Company,'5% preferred Revere 4-12 1 4-10 Co..—— Mines, Dome 4-22 — 4- j 4-14 10c — 4-32 Reitinan's 4% 3 4- 3-10 (quar.)*— preferred 4-22 93*4C (Ohioi Co. 4-21 4-15 $1.17*2 4-26 % 5- (quar.) 1 4-14 (quar,)__ 4-26 $1.50 Ltd, 4- 1 $1.25 (quar.i— plartic. E.)- Mfg. (G. East 3 1 5- (quar.) 4-26 42 V2C 3-31 (quar.i—. Preston 75c (initial) Western 10c common (quar.) Pacific Grain & No-Sag Norfolk. & 5- Prentice & Gas Corp.— Electric 5- 1 4-15 preferred Midland 3-31 4-12 ./ 4-22 4-22 3c preferred (quar.) Spring Co. 3*4% 5- $1.10 4-26 Association—. Electric 10c Michigan Seamless Tube 4% 3-19 3-31 5- Si Telephone preferred 1st non-cum. 4-26 22 V2C Gas 4-14 (quar.i 6% 3c Co., 6 % preferred. (quar. 1 Newberry (J. J.) Company 12-19 v 1 ..f J ■_—$ 1,12Vb 5-31 , $1.12Va " " 8-31 $1.12V3 11-30 15c 4-15 —: 6% 4-22 5c — Telephone common Newark 9-18 4-15 , 4-22 4-26 4- 5- 62 *2 C u preferred B (quar.i Corp. of Canada, Ltd.— 8c —_ 3-20 25c (quar.) preferred 3.60% Edison, Co. 8c (quar.) State New 6-19 ■ Y. Electric General lie shares shares. ' t 4V2% Midland Common 4-10 .< 4-26 ; —• '' : Michaels Stern & Co., $4.40 England 4-10 15c 115c —————. Brewing Co., common Common Brunswick N. 5-24 5-31 7- 3 10- 2 1-2-51 >4^2-51 $1 —: > • Portland lc 2- equipment trade New 3-33 4-20 37*3(5" (quar.) Cement Mengel Company (resumed) Mercury Mills, Ltd. (quar.) Metz 4 3-31 4-14 , 12',1'C Portland 4- 4-14 4-15 5- 1 $1 _ 3-31 2c •-Naugatuek Water Co. (s-a»_.: .— Nelsner Brothers, Inc., 43,i'o pfd. (quar.)_ New Bedford Gas & Electric Light (quar.)._ . ' , Extra Medusa Railroad 8- .1 - (quar.) Stores . —„ — Robbins, Inc., preferred McLellan — _____ .___ (quar.) B 2 _ Stores, class A McKesson $4 _ (quar.i Common $3 $$1 $1 50c 50c 50c 50c l*2c l*2c ___ (quar.i_l__ Common shares Railroad Retail series 4-10 —u 2c — 4-20 60c 2c ——-——-——_ 4-17 1 —___ _— 5c ———--—-- groups 3 1 5- 15c 2c series 4- 15 4 5- (quar.i_______— Co,- 3-31 . series New _____ (initial) com., Common 3-31 Ltd.— Co.. Common 4-25 20c 50c A (quar.i Aircruft, McPadden 0-1 10% —— class <quar.)___ Oil stock Stock Selected Company 4-15 4c ... seiies Preferred 11-15 ;;r- . ___- McColl-Frontenac 4% ■ • --y u, Company, Corporation McDonnell (s-aL-*-.— 'Corp. dividend Factor McCail Balanced 3 17 *2 c (quar.)__ 2c 5-15 12- 1 $2.50 pfd. Bolt Corp & 4-15 Power _ 4-15 1 4- $1.25 (s-a) Plymouth Cordage Co., common Employees' stock Portland Gas Light, $5 preferred 4c share:; 3-20 1 35c ' ; (irreg.) * (Certificates of beneficial interest! 3-31 2c series April 29: 011 4- 4-15 $1 vl'd. prior Screw Tool Piomo 3-31 following are estimates oi the regular distributions on those series which go 5c — 4-15 4-15 Pittston v The ex 4-10 (quar.i 2c 3-20 4-15 $2.50 4.70% ———!--■ 4-15 4-30 50c common.,—5c (quar.)_ 3-31 Potomac series 4-15 (quar,).—llT/aC preferred Marshall Field & Co. 3-31 4-15 • 3-31 1 25% 6c Retail trade shares-—.______ Maritime * $20c 4-15 7c shares Railroad 4-10 5- > Pittsburgh Brewing Co., 3c Chemical shares 5 3-20 4-15 4-15 00c 50c (quar.)— 3 4-10 1 (quar.; 7c stock 4-10 1 5- — Pmroieum Pitssburgn 4e Building shares 25c '9c • 3-31 3c —_— common 1 5- $1 Inc., preferred 4c groups 6- 75c RR. ■ 3-31 4-15 — Aviation $1.08 *» —- Fund 4-15 4c series 5-15 6- I Gc fund Stock series 3-31 dividend Stock $4 ——-— stock 95C 5% pfd. (quar.) Co. (Hartford) Insurance Phoenix Pioneer 6c series 9-15 12-15 75c following are Income 3 1 $1.10 Corp., Pillsbury Mills, series—— trust 10- 1-1-51 $1.07V2 preierred (quar.) Phillips-Jones distributions. shares' mutual Low-priced Trust 5 estimates of the fiscal year-end approximate amounts that will be paid to shareholders of record April 22: Bond series —' — Low-prices bond series '''•4-14'' 3-31 common 5- _——————— First 4-15 (quar.i Marchant Calculating Machine Co. 7c!c shares Steel 3-15 RR., Company, 5-15 series 1 6-15 4-15 convertible preferred 4 *4 1c Manhattan 5 — Preferred (accum.) 5- The amounts shown are shaies __w;L 6-16 1 $1 4-14 5-15 , Automobile —10c common 3-15 4-28 funds sell ex-distrlbution bond 9-15 12-15 Mori is & Co., Ltd.— Common (iucrea&ed quar.i 47V2c series 1 7- $1 fin,up- 4-15 (quar.)——. Low-priced 4 5- 5- 1 (quar.)—J.—13%c preferred Philadelphia & Trenton 37 l/2c 4- Vac 50c Macy (R. H.) & Company 4*»% preferred A (quar. Maaing 3-31 3-31 53V»c such 10- 1-1-51 $l.I21/2 35c 4-15 $37 Vac (quar.) of 6-16 Resumed 4-15 Low-priced common stock series....— $1.50 (s-ai ; 3-31 Funds— Speculative —— Co. Oil common 3-31 4% Mar. 31st. 1 non-cum. 15c (quar.) $1.12'/a 7- 1st $1.25 (quar.i... 4-10 - 3-31 (quar.) Co. following Bond 3-31 : — Forbes, preferred 6% muar.i_ (quar.i—. Consolidated M. & MacAnarews 4-15 4-15 — — Ltd. Car, estimates 3-31 County Gas & Electric— 4*2 % 25c — 4- $1 Co., Trust on 1 Lowell Bleachery, Inc. (irreg./———-— Lower.stcin <M.) & Sons, Inc., com. <quur.)„._ $6 €-21 $1 ._ ($100 (s-a)—... Coip preferred preferred 4x/a','o 7- 1 4-14 5- 1 $1.50 1 — preferred 1st $4 — (quar.) preferred Tank 7- 1 , (Ky.i Co. Steel $1 ______ Electric & Gas Common class A Shares 75c —— 3-29 1 (quar.) , share plus this dividend—— Company, preferred (quar.) 1 4-20 1 3-31 5- 2nd preferred tquar.). : Philadelphia Electric, 3.80% pfd. (quar.) 4.30% preferred (quar.i— 4.40% preferred (quar.)— ——— Philadelphia & Reading Coal & Iron Co.— 1 (s-ai non-cum. National Tea 9- 12- S1.5C B preferred National 3-31 1 — 4- 4-20 $1.12 >/2 2 $1 Corp (quar.i National Manufacture & Stores Corp. Upton 6- Co., preierred National 10- 4-29 15c (quar.) preferred (quar.;. —_______ $4 non-cum. 2nd preierred (quar.) —. $4 non-cum. 2nd preferred (quar.) $4.50 j 1-2-51 15c 4-14 Uc 100% Commissioner;_— preferred (s-a)— Dairy Products Co.. Inc., $4.50 1st preferred (quar.)... ;v, 8c — Lead 4 3-31 1 4-29 (quar.) Ltd. Company,, 6% .10-20 7- 4-15 Philadelphia r $15c + (quar.) Investors National $2.50 ■ — National 5- 1 4-15 11- $ 15c (quar.i..— A $2 7-22 $4.50 (quar.) A 3-31 4-21 1 5c Class 3-31 U 8- 3-21 4-29 ' Hosiery Mills, Ltd. A 6% 5- 5c 15c 4-14 4-14 6Cc common Corp. Mines, Go.d Perron Machine—- Co._—_r:— 1 5- $1.00 —_ (subject to the approval of California the 4-0 Philadelphia — 4-20 3-20 5- 8T/2C 1 (increased) Co. Cement aividend btock 4-14 4-11' 1 1 4-12 $1 — Pennsylvania 5c 4-22 4-10 4-10 6- 1 4-15 SI 37*aC — -—— 5- Class 10-24 : 5- 7-24 Telegraph- Lincoln 5% —— * 1 15c (quar.)..... ^-17 50c Pennsylvania 3-31 « 4-15 Class 30c 30c 30c (Fort i— Co. <quar.)___ Quarterly 1 Permanence 50c 3-31 4-15 5- 4-14 45c G-22 7- 1 4-21 Quarterly National 30c 5-15 2oC National fuel Gas 5-19 15c .——, Lima-Hamilton 4-15 RR. Co. (irreg.)..... Sait Mfg. Co.— 3Va% preierred A (quar.).. Peoples Gas, Light & Coke Co... Quarterly 4-20 6-lo (quar.>__ 3-7 $1.25 .Quarterly C-is—— 3 4- 4-14 50c Co. Mtg. National Electric Welding 4-28 5-1 ——40c Co. <3o. Cart Ana »•— (quar.I Company Life Liberty $0,819 —J2c iquar.i Corp., common 5-10 50c (lireg.) 4-3 6-12 Pennsylvania Industries. Inc.— $6 preferred (accum.)—____________ 5-15 1 (increased quar.) 5-1 50c 1 ; 4-17 +$1.50 —— common.— 6- Distillers National Corp., 5-15 (quar.) common preferred (quar.;_: 6- Bank (N. Y.)_—______—— National 6% ptnnroad 40c (quar.i... Department Stores Corp. (quar.). Products (quar.i. National City 4-14 3-27 I, 3-31 Co common Si Ltd., Penman's, 3-31 4-15 Holderi Payable of Rec. ♦75c 621/2 c Co., com. Co., Chemical National 4-15 Milling Co. Inc. Fibres, Register ca.>h Casket 4-14 5- 1 (irreg.) Ltd Mines, Gold Leraer Stores National 4-14 Lehigh Leitch Biscuit National 4c 37 Vac Inc.__ (quar.i Automotive National 3-31 5- 2 5- 2 - preferred National 4-15 4-29 common..._____ preierred (quar,) Alfalfa Denydrating & 6% 5% 3-31 4-x5 Inc., National 4-14 4-15 <quar.)___—50c 50c p.d. <quar./ — 96V4C - 5 System, Fund, Investment 5 8- ^ 35c — & Sons. 3.85% (Jamesi 5- 11- 5- 1 , 45c (quar.i Tire & Rubber Lee Lees 8-15 11-15 «e (increased preferred *1.80 5-15 56'/4c Bryant, Inc., 4»/a% preferred iquar.)_ Langenaorf United Baxeries— Lane Common 5-1 25c 25c (S-ai Landfs Machine Co. (quar.)——. Mutual 4-30 $■! preferred $6 Share Name 0) Company Payable of Rec 10c When Per Holder» When Per Share * Name of Company 1 PayaoleofM.ee Snare V - Holdert When Per Name of Company , Monday, April 10, 1950 FINANCIAL CHRONICLE COMMERCIAL, THE (1502). ; - $1.25 6-15 9-15' 12-15' - 6-1 9- 1 : 12-1 Volume 171 Number 4897 THE - COMMERCIAL & FINANCIAL CHRONICLE (1503) 47 | Company Fire & Quarterly San Co.— 4-17 "T-tO- Towle JTc 4-15 .J-15 5-15 1 20c 4-15 3-31 22 %c 4-15 -3-31 25c 4-15 3-31 Transit— (s-a) __ Sanger Brothers Industries, Schuster (Ed» & com A ' 2 5- 1 1 5- 1 4-17* 5- 1 4-17* Y Electric Seaboard Air Co. (quar.) $1.25 common (quar.) Seagrave Corp. Security Insurance Co. (New Haven) Security Storage Co. (quar.)_ Mining 12-27 ' 65C' 4-10 6- 25c ' - . Steel (initial) (Howard) Society Brand Solar 4-10^ 8 4- 3 Ltd.— 5- 4-29 4-20 (quar.) (quar.).: ' r > 15c ■. 4-29 4- 5 28c 4-30 4- 5 4-30. 4-15** 37%c y-.: _i_ t35c 4-15 non-cum. preferred (quar.) non-cum. preferred (quar.) $4 & Sons, preferred (Dallas) ' •» / Standard Gas $7 & Oil $6 Power (quar.) •- pfd. (quar.) pfd. (accum.) Corp. 4-15 4-15 YY3-25 $4.50 4-23 4-15 $4.25 4-23 4-15 5- 1 4-14 tlOc 12 Vic 12 Vic ; 5-15 *8-15 (quar.) class A (quar.) Stanley Brock, Ltd., (quar.) 50c, 5- tloc ; . 1 5- 1 ./•■ 4-10 Corp 40c 4-15 Edison, $4.90% pfd. (quar.)__ $1.22% 5- 1 Stechcr-Traung Lithograph Corp., >./''•> •"■" 5% preferred (quar.) $1.25 6-30 5% preferred (quar.) $1.25 9-29 ,5% preferred ,(quar.) 1 $1.25 12-29 Steel Co. of Canada, Ltd., new com. (initial) t20c 5- 1 New preferred (initial) ; t20c 5- 1 Sterchi Brothers Stores, Inc. (quar.) 30c 6- 9 Stern & Stern Textiles, Inc., ;Y-v: 4V2% preferred .(quar.) ; ; 56c -7- 1 Sterling Electric Motors, Inc Y 5c 4-10 3-31 Street Investment Staten Island 7% Stewart Warner Corp. Stone,_ Container Strawbridge & (quar.) Corp. ; - ; Clothier, 25c 4- common 5% 3-31 tlOc class A.pfd. Stinbean Corp. Stock -dividend 1 'Sufcray Ofl Corp.,' Super Mold Corp. (quar.) '■ •• (Calif.) (quar.) (quar.)__ & '•;//-■ >■'/.;/■ '• Co. Quarterly Quarterly 'J. (quar.) $1.06% • preferred (s-a) Inc. Tower Co, (Cleveland) preferred Canadian Ltd. (Toronto), maston r 1 oledo 9- 4- 4-17 4- 7 -4-17 4- 7 4-15 4- 5 5-1 4-10 1 - 5- 1 4-10 Pumn (irreg.) Edison, 4Ya% preferred 4-15 3-31 6-26 6-15 4-10 3-28 50c 5-15 5- - 6- 1 authorized 9-11 9- 1 to 12-11 12- 1 1 4-15 25c 4-28 3-31 %'C 5- 1 4-17 8- 1 7-17 $2.50 4-15 m* /•/- $1- 4-20 3-31 4-20 3-31 $4.50 25c 5-18 8c 4-12 of 4-15 4- 20c 5- ment 4-15 1 4-20 50c • 5- 17 %c 1 4-15 3-15 30c 6-15 6- 8 30C 9-15 9- 2 '1-13 —V. 4-14 5- 1 5- 1 Co., Inc., 8-15; 8- 1 common 11- 1 2- 1 11-15 50c 4-15 7- 4-30 4- 8 2 ViC 4-30 4- $1.43% 5- 1 \ 4- 5- 1 4-15 4- 30c 4-15 3-31 $1.25 7- 1 The 1 pfd. 9-22 to $1.25 5- 1 4-20 price 50c 5- 8 4-24 (quar.) $1.12% 5% 4-15 3-31 7- 6- 1 t40c 25c 4-10 6% County conv. 5- 1 Gas Co tPayable In U. ^Payable resident a Less xLesi In tax 8. 5-20 7- 1 8- 1 7-20 4-10 3-30 4-17 4- 37 %c / closed for this Funds, less 15% Canadian 15%; British 80% not funds, resident Income Jamaica tax tax 75c be N. Y. in 8-20 3 4-30 749,349 3,781,094 708,998 89,849 117,337 137,066 231,396 used to the March has filed 31 invited of stock.—V. 162, p. at all , registration statement a ; tenders due fixed be . — with the- underwritten for the sale to It of Its first May 1, 1963, to an amount sufficient Tenders should be made at a flat and accumulated the corporation, of than 10 a.m. (EST) ;Y: / Subs.)—Earnings— - Net Y unpaid Interest and 14 Wall Street, New York April 18, 1950.—V. 170, on * Y , Y : .. , Y' (& Domestic Y\. v> • 1949 ~ 1948 $89,261,192 $92,398,894 — 8,642,054 — profit 8,481,106 3,285,000 3,065,000 $5,357,054 5- 4-15 the B'T $5,416,106 >636,966 ' 636,966 1,386,000 847,042 9,240,000 9,240,000 Preferred dividends paid Common dividends paid Common shares per —V. outstanding common ___— share__ $5.11 $5.17 171, p. 699. 1 (L. A.) Young Spring & Wire Corp. (& Subs.)—Earns. tax. aonroe. Non¬ Net —V. 1950 profit shares outstanding.-^. share common : 1949 $3,542,327 1.345,181 $2,418,695 899,200 1948 . $1,994,950 805,950' $2,197,146 Prov. for Fed. & Can. inc. taxes Common .B.YIi: 1213. $260,000. hands later 441. Earnings per . letter of notification with the SEC a common Profit before income taxes 7%. tax. acquire outstanding capital stock of, 4-20 dividend. tax. Income 69,255 634,012 Includes not Earnings Canadian non-residents' deductible T 319,782 4,404,692 6 Months Ended Jan. 31— books 1947 $1,858,897 4-20 1 25c (quar.)__ (quar.) v - Y 1948 4,163,275 678,863 4-20 1 5- 25c pfd. $0.61 • , 1949 75,130 Profit before income taxes_..______ Prov. for Fed. income taxes 6- 25c Co. 344,592' $2,063,759 ,>$2,191,949 377,405 1 432,243 101,310 141,756 3,813,839 Total Income 25c « Company Machine -Earnings— 1950 3-25 50c Cab $285,181 tAfter preferred dividends. Worthington Pump & Machinery Corp. 1 25c Yates-American $1.05 $75,000. 339,485 sum 4-17 Y Special Steel 344,593 Nil Year Ended Dec. 31— Monthly Yellow 4-30 Ltd.— . Wyckoff $434,834 344,593 i $1,905,237 income bonds the which should p. ; Monthly Monthly Monthly exhaust 15, Y (William), Jr., Co, (Del.)— $16,732,494 $16,418,447 $16,959,461- >$113,752 Ry. were on corporation 10- 2 (stock dividend) Canada, Y '1947 Witherbee Sherman Corp.—Tenders Sought—- mortgage 6% $1.25 4%% Y 1948 stock at par ($100 per share). 6-23 ■ $1.50 com. fi¬ pay¬ Light Co.—Stock Sold—Kalman & March 31 offered and sold 886 shares of on company The - the definite a , SEC covering 2,100,000 shares of capital stock, to by Loewi Sn Co., Milwaukee. Wis.—V. 171, p. 1187. * (quar.)__ on Wisconsin Investment Co.—Registers With SEC 3-29 <interim)^______- of Central copvering the 886 shares of 4- 7 4-20 (increased) pfd. states that 194S share— The company on March 24 filed 7 $1 Power, 10,000 similar company 8 1 15c Corp common The net proceeds Wausau Gas Co.- 6-15 12 %c common the company Wisconsin Fuel & 3-29 $1.25 class A_ The 171, p. 988. 4-14 5- 2-15-51, the Brothers—Earnings— from 5-15 common ;____ preferred (quar.) Wrigley Y ry. 5-15 $1.25 to net same warrant. railway Net from railway Net ry. oper. income 8 5- 1 $1.25 V increase From Jan. 1— Gross $1.25 Stationery Corp., (Alan) Steel Co., the per railway oper. income $1.25 * to through private sales share, each share accompanied at one cent per at cent one per 31 %c 75c 1 proposal a 750,000 to 1,250,000 shares and arrange for the offering of additional/ to from Net 3-15 <quar.)__ approved from balance sheet as of Dec. 31, 1949, showed a ystrong position with current assets three times current liabilities, $4,518,871 to $1,440,962.—V. 171, p. 1299. " •»', Net 3-17 4-15 135c Co., common (quar.). Electric at $1 February— < Y from railway- 3-17 4-15 $50c 50c days but provided 4 $1.12%: ; the unused 90 1952, NOTE—The 3-17 4-15 31, on of financial or 4- 3 4- 4-15 $1.05 ; (quar.) (quar.) (quar.)_____ $5 directors Gross $1.02% 20 stock •Loss after Income tax credits of Y 4-15 5- 1 Dec. basis 1949.—V. 167, p. 986. March on this service Wisconsin (quar.)_______^ on " the at tEarnings 3-31 ; 4-14 payable is made until basis same Net profit after taxes— Common 6hares outstanding 4-10 4*17 , be . stock Wilson 4-25 noc % of 1% Year Ended Dec. 31— Net sales—Total revenues——_____ 4-15 (quar.) Co. - same $1 price. The manage¬ group subscribed to the major portion therefor and the balance placed by Gearhart, Kinnard & Otis, Inc., New York. They re¬ warrants 4-20 1 $1.25 of would 3-31 5- 5- 5-10 (quar.) Jones v. . provide additional working capital. 1949, the company obtained $110,000 ceived for 1 $1.06% vtc become may company has no facilities.—V. 171, /:/;■ : nancing enabled It to open bank loans of $540,000 ment schedule.—V. 171, p. 1396. 4-25 Corp. to common 5 37 Vic (quar.)____ 50% Oil as The such by three-year purchase warrants at the 4- 3 40C the on fee loans $1 par common authorize During 5- The stockholders shares 50c (annual) commitment Warrants— 1 5-10 preferred •Transfer f24c $1.06% 1 8- 4-14 * 25c & 4- 6-10 1 20c River ' . subsequent to June 30, •4-15 4- Cuba- (quar.) York Trust, of (quar.)_ lien facilities board. specific Wilcox-Gay Corp.—Common Stock Increased—Sale of 4-15 62 Vic vtc 3 10c 5- earned $1.25 Fund, Inc. Combing Quarterly 1 50c Corporation Tank Co. com. preferred Wood 4-28 4-10 r 4-21 was 5% 6% 1 4-24 $1.50 / common 6- 4-14 - 1 i Wool ; 62 %c Y* Investment Mills okheim Oil. 50c 5- 37 Vic Wisconsin Gas Si Electric, 3-31 $1.75 (quar.) General 1 5-15 $1.31% Corp. Wisconsin 4 20c rexas Power & Light, 7% pfd. (quar.)—___ $6 preferred (quar.)____ hrhermoid Company, Y $2.50 " 15c / Malleable & Mfg. Corp. (quar.)Y j hird 10- - 4-21 Wlggin Terminals, Inc., * / Wilson / 50c Y • (increased) Extra Haute 40c 1 37 Erie Ry., ;,v. the to any company $1.25 (quar.) Lake distribution acquiring YY a $1.25 5,# " 1 4-12 >3-22 5- A 26c common Class B, Wichita -1 1 4- ,/ 1 7- 20c aylor-Wharton Iron & Steel Technicolor, "erre 5- preferred and satisfactory of Y interest. The ;r Wilbur-Suchard Chocolate 3-21 3- 4-20 iY;y/;;Y:;Y;'YY-:Yy;YY//^-YY/:;' 1 3-31 30c (quar.) A Tablet & Whitehall '4"10 J / 'Y/Y. - '':x 4-15 50c .___ *' 5% . Whiting <4-26 Y' 4-15 40c alop, Jnc.t' 4% Terminal ■''' ' 4-19 5-26 / 25c — 1 Y 5" 1 $1.12V^ '■./*'.vY;Y:.7 33 % % common Sutherland Paper Co., 41A%i convertible preferred Swift' : preferred "Wheeling ik vgt.4^ Prior '4-14 / % 5- 10c $1.12% Westminster Paper, 6-16 ./•:/, YY/Y v/Y;,-/ V preferred ^ Sqn -1• 30c (quar.) (quar.) Pacific RR. 5% 5-26 '3-17 / the maintains net current assets of not less than $2,500,000 and ratio of current assets to current liabilities of not less than 1% to 1. The agreement also restricts payment of cash dividends to net income 3-29 dividend ' *5% Western 6 prices $1.25 Sugar preferred production at portion of credit. may be renewed 3 (quar.) A 4--6YI Y Sqllivan Consolidated Mines, Ltd. (Increased) Co.,>common 4-14 (accum.)aP A " 25c Oil 50C (quar.) preferred 9-15 8 5- 4-14 4- (quar.) Bfear5% preferred 12-15 - - 1 5 4-15 <annual)_ti: Company Investing Corp. (Irreg.) prior Western 4-17 6-15 4-24 • 20c 5- preferred (quarj__'( preferred to and The company as of Dec. 1, 1949 entered into a revolving credit agree¬ with the Irving Trust Co., New York, and Mercantile-Commerce Bank & Trust Co., St. Louis, under which lu may borrow 4-28 5c * ... 4- shares,; capital stock Is to provide additional provide funds for the acquisition of such of ment 3% Insurance Co., common Common Western Light & Telephone Co., com. (quar.) s&& 5% preferred (quar.) 4-10 1 State 4- 5-15 62 %c i^Western Life 1 5- 5- (Initial) 4-15 $1.50 ; preferred issue $1,500,000 at 4.10% preferred C (quar.) i5-4.20% preferred B (quar.) 8-4 4% % preferred (quar.) Y" Western Grocers, Ltd., class A 4-12 $1.40 preferred (quar.) 25c Corporation ■17 Vic ,3-20 J10c Starrett (quar.) . preferred 4-10 «a=2Q^vWest Penn Power Co.; 4-11 . White's Auto Stores, Inc.—Bank Credit Agreement— 4-14 Waterous, Ltd, Weatherhead Company, $5 pfd. (quar.) West Kentucky Coal Co. (quar.) West Michigan Steel Foundry, , , 4-11 and Adams & ( 1 4-29 (quar.) preferred Stock v; 4-15 1 > , ■ the intention 1299. '• p. 5-15 Waterbury-Farrell Foundry & Machine— 3-23 5- tlOc 5% 4-14 3-31 $1.75 Y 5-15 (quar.)__^ Washington Gas Light Co., ■fT2-31 Spring Co.— convertible > < 4-25 93%c (quar.) -Quarterly B 4-15 1 4-25 6-10 10c ________ 1*! $1.75 bonds C the record date. of capital available 1 I75C ;/Warner Company (increased quar.) Warren Brothers-.Co., common (quar.) <""-4-18 $1.50 4- (s-a)_ preferred & 5- $1 •' 11-30* (quar.)__ pref. common Street 5-. f56%c A A (quar.) preferred iV2% Walker Wall f 75c & Silica Standard Steel Class 1 28, 1949,, railroad and series White Dental Mfg. Co.—Registers With SEC— additional Corp., 4Y2% 7-12 5- 1299. p. purpose working 3-27 (quar.) preferred •Vulcan "4-15 ' 4-12 "t3c (Ohio), (quar.) Light, $7 pfd. (accum.)_ Standard Radio, Ltd., class A (quar.) 'Class B (quar.) preferred 0% 1 5- $1 . (accum.) i33/<% *4% 8-15 Co. Standard Standard 5-15- . __ Ltd., 4%% Electric, preferred Standard 6-15 $1 - . Co., 3-20 4-14 4-12 >4-15 Virginian Railway,"* 6% preferred (quar.) 1Y ;4-l5 7-14 12-20 Virginia Iron, Coal & Coke Co*— 9-15 55c 8-31» 87 %C Co., common...... (quar.)_.___, preferred conv. The Corp., preferred 4% 40c (quar.) (quar.) Fuel 3-15 9-20 YYY$2;/ Power Vertientes-Camaguey _ V: ~ YY 171, of stock held on 5-31* 75c Quarterly _-j 4-15 $2.50 $4 preferred series A (quar.) Stadacona Mines, Ltd. (1944)__ Standard Fire Insurance Co. (N. J.) -Extra- class Corp., Y'Wabash Railroad Co., f Standard 3-31 40c Co. Quarterly Spokane International RR (E. R.) 3-31. 5- Heating 6% 3-20 4-10 $1.25 . 6% preferred preferred 5% 4-15:^ ,$1.25/ Southwestern Associated Telephone Co.— -$2.20 preferred (quar.) 5% 4-15 \ 6-15 25c (quar.)_ (J. B.) 5% ofd. A preferred B (quar.) Vapor 4-20 > 1 6-20 75c ;___ Sciver 5% 5-15 .___ 5% Squibb 3-31 5 •••••/• , 3-27 7- Feb. of The , 5-22 4-14 r; and lines its company on April 3 filed a registration statement with tho covering 49,891 shares of its $20 par capital stock. > is offering to its stockholders of record on April 24, 1950, 29,891 new shares of its capital stock and to employees of the company and its subsidiaries 20,000 shares plus such of the 29,891 shares as may not be subscribed for by stockholders. Drexel & Co. has agreed to underwrite the 29,891 shares Initially offered to stock¬ holders. The subscription price and underwriting terms are to be supplied by amendment. - Stockholders will be entitled to purchase the new shares on the basis of one additional share for each 10 3-31 1 1945, to The 3-20 4-20 6- 50c ^ preferred Peninsular 5%% Van 3-31 4-15 37%c k 4- 4-10 75c 1, aggregating $5,358,830. The company 3-31 50c placed Sept. SEC *3- 9 $2.50 Co., 5% pfd. (quar.)___ Utilities & Specialty Corp._. Wallpaper, Inc., 4% pfd. (quar.) Upper 28%c 3- 9 4-14 cost a be improvements to (S. S.) 4-11 20C at will beiween and lease which became effective on Dec. ■ 1, 1949. Also associated in the offering were: Stroud & Co. Inc., 4-11 75c Univis 4-30 * * 1 1 22 %c Universal Leaf Tobacco Co., common Lens Co 3-31 5-15" . Ins. United £0c & Life 3-29 Y 55- 4-14 4-14 pref. (quar.) Stores Corp.— cdnvertlble preferred $6 * ____! Co. 15c United 3-31 " issued present (quar.)__. Stockyards United 4-15 property Peck.—V. 5 $1 Ltd., 4-10 - 4- 50c ; convertible 22%c pfd. (quar.) ,5% 70c 3 Steel, 3-31: t$1.50 Power lquar.)_' 'quar.) (New Jersey)," preferred (s-a) 4-14 " (quar.)12 Vic 6 4-10 4-15 balance Aug. 99-year 1 4- 5-10 $1.12% A 4- 1 the completed betterments before to prepay an outstanding In the company treasury. reimburse the company in part for these expenditures., COMPANY—Is controlled by the New York, Chicago & St. Louis RR.. which owns 79.66% of the outstanding shares. The main lines of The Wheeling and Lake Eric extend irom Toledo, Ohio, to a point1 near Wheeling, West Virginia, and from Cleveland to Zanesville, Ohio.., All the road and equipment property of the line is operated as a part of the New York, Chicago and St. Louis under, the terms of a '4-20 4-15 5- 50c United Transit 50c Y 5-15 25c Co. 3-31 , other 4-20 112%c and company additions, 4-20 87 %C Ltd class loan The 4-20 5-15 '5-15 10c Co. preierred United "4- Y f50c _; Co. 5-15 $1 Smelting, Refining & Mining Co.—; United * ' J50c S 7% 12-11 2 5- $1.12% (quar.) United States Rubber Co. 8% non-cum. 1st pfd. 9-11 12-20 ' (quar.) 17%c Casualty Co; (quar.)__.:,_J 10c Southern Franklin Process, 7% pfd. (quar.) $1.75 Southern Indiana Gas & Electric, v.•> t *4.80% preferred (quar.) $1.20 Southern- New England Telephone Co.—-— Y45c Southern Railway Co.,;~* •'•'•■;'/ Southwestern ,v 6-12 9-20^, 40c (quar.) Colorado "j 6-20 50c ♦ * preferred 4-15. , 50c Southern Canada Power, Ltd.— . Common v( increased) 6% 3-31 1 1 92 %c S. Pipe & Foundry Quarterly Quarterly Quarterly U. S. Plywood Corp^ common 4-15 4- _ _____/ (quar.) of America— Tool 6- the company by - 1 5- J53c Southern California Gas Co., 6% 6% preferred A (quar.) . 4- 5-15 ___ (quar.l Southern Fire r 50c ' Clothes, Inc. 4-17 (quar.) Lines 4% % 7 4-10 J45c 90c conv. preferred (quar.):. _____l_ Southern California Edison Co., com. (quar.) 4.48% pref. (quar.) Southern 4- 1 ______ ;—: Aircraft .Co.,. common .•4.56%-pref. S. S. U Paper Mills, 1 Paramount Theatres, Inc. (initial)__ Envelope Co., new com. (initial quar.) Fidelity & Guaranty (Bait.) (quar.) S. U. 4-29 50c ' (quar.) preferred (quar.) (J. Hungerford) Co. Smith U. 3-31 (quar.)____ Common 4% 4-15 20c _ * - 3-31 United U. Y 5- ?5c Corp 4-15 bank 3-31 $$1.75 PROCEEDS—Will be used Missouri— Canada, Co. 15, were National Corp., non-cum partic. J. RR. Si Canal (quar.)_ 5 Iron _/— 4-15 20C United N. 4-20 4-14 •6-15 (quar.)_ prices will range from 1017/a% for those redeemed 1950, to par for those redeemed after Aug. 14, 1973. 8-10 11-10 $1.75 California i 4^ (s-a)___ 8-15 11-15 . , U. __ (A. O.) Smith & United 4-15 50c B Fruit 7 5-25 72c |25c Oil Corp. (quar.)__ (N.) Company, Ltd., com. ( $2.12 preferred (quar.) Class 4- 5-10 Y J30c of & Extra -3-23 1 4-10 10c - ■ _ Slater Smith 5- ; u;$1.25 ____ Sinclair Quarterly Quarterly Quarterly 4-12 35c Co. Drill United r 1 5 $1.12% , (quar.)__, of (Continued from page 10) 5-10 fund, (quar.)_ of preferred United 3-23 Co. Biscuit S4.50 - —3-23 4-10 6-15 Simplex Paper Corp. (quar.) - 8 Oil United 3-23 40c Common Ltd. 12- -v 4-10 4- 5-15 (quar.)__ (quar.) Corp. Gas Union 8 45c (quar.) (irreg.) 9- 4-15 preferred Udylite 9 3334c Shawinigan Water & Power (quar.) Sheep Creek Gold Mines, Ltd Shell Oil Company Sherwin-Williams Co. of Canada, Ltd.— (quar.) Silver-Miller Mines, - 6 4-15 Y31%c (quar.)_i______. preferred Union —1-6- 9-29 ; '• , Slos's-Sheffield ^-4-11 6-30 $1.25 Co., : $2.60 convertible preferred (quar.)_; $1.35 convertible preferred (initial quar.)_ Seaboard Oil Co. of Delaware (quar.) Denn 1 $1.25 (quar.) Finance Shattuck $3.50 -■*»- ____ Corp., preference $3.70 -^-5-12 RR.— (quar.) preferred "•••*5-12 1 5- 25c - 1 1 25c Electric Co. 6- -5- Co. $4.50 preferred (quar.)________ '$4 preierred (quar.) !__ 6- $1.07%'; __ (quar.) preferred Seaboard • • , 4- 25c 62 Vic 5 25c preference Union ' . 91 %c (quar.): Line preferred 5% j ■ (quar.)__ preferred Scranton 5% ' 80c 4-15 General Corporation and Investment News 3-31 Co.— _JTukett Tobacco Co.. Ltd., 7% pfd. ~lTung-Soi Lamp Works, Inc.— "/ ■ 85c $1 / /vV 4-18 4- 4-15 25c Temper 4 V2 c/o , preferred 4.30% 5% True 8- YY, Y ;■ (quar.)_ Insurance 4-25 50c (quarj -Troy & Greenbush RR. Association 1 27Vic ; . "4" 27 Vic (quar.) (auar.)— CO., 1 Mfg. .it4-20 ' ■ preferred 3.65% - 4-15 , ; preferred 5-10 25c (quar.) Co. Quarterly Quarterly Quarterly L Holdert Payable of Rec. 2c "^-$1.25 preferred (quar. Trinity Universal Insurance 3-31 When Share Building Asscclatlon___._ Company (quar.)__ Travelers 4-15 50c Company, Inc., ,5%% preferred Scott Paper Co., 4-14 Inc Schwitzer-CummJns Co.— < 5 % % preferred A (quar.) $4 $1 25c <quar.)_ Schenley ' \ Manufacturing Trane Diego Gas & Electric, common (quar.)_ 4 % % preferred (quar.) 0% preferred (quar.)__ Sanborn Map Company Company Royalty Traders 12 Vic Antonio Mines, Ltd. Quarterly SCOVIII Bell 65c Gold •3.40 Per Name of Tom 1 Antonio San ■ Holder i Payable ofRtc. 1 San " When Share Marine Insurance , Paul . Per Name of St. $1,519,495 $1,189,000 408,658 408,658 $5.38 $3.72 , 408,658 $2.91 • 171, p. 141. ■',?« • : t 48 THE (1504) ' i ' « . , 'ik t ' . NEGOTIATIONS BOND PROPOSALS AND • V'/: April 17 for the purchase of $133,- ! I 000 school bonds. Dated May 15, Jasper, Ala. ! 1950. Denomination $1,000. Due on Warrants Sold An issue of May 15 from 1951 to 1970 inch $180,000 refunding warrants has Principal and interest (M-N) pay¬ ALABAMA ; — & Co., 2s and 2V4S. Legality ap¬ been sold to Berney Perry able Birmingham, as Dated Dec. 1, 1949. office. -of the at Legality approved by Or¬ ton, of San Francisco. Fresno Madison County (P. O. ■ Huntsoille), Ala. Sale Warrant warrants school awarded were offered April 3 to the Equitable Birmingham, jointly, as 2s, at a of price 99.13, of Sale — to April 1 from 1958 to 1971 in¬ Trust & Savings Association, Legality approved by Blyth & Co., Weeden & Co., LawStorey, Thorndike, Palmer & son, Levy & Williams, all of San Francisco, and C. N. White & Co., Dodge of Boston. of Oakland, jointly, at a price of Opp, Ala. 100.02, a basis of about 2.37%, as Warrants Soid An issue of follows: 1 :X■'< '7C;■v:-1 $40,000 general obligation re¬ Due on May 1, funding warrants has been sold $3,000 as 2V2s. 1965 on Dated clusive. , . to & Wood M. George Co., by White, Bradley, Arant & All, of Birmingham. Due on May X 45,000 as 2 V4S. 30,000 as 2V2S. Sold — An issue $100,000 general obligation se¬ refunding school warrants has been sold to Hugo Marx & 1965 inclusive. to 1970 inclusive. Santa District, School Districts (P. O. Oakland), Calif. Alameda County Offering Bond — E. Wade, G. purchase of $1,576,000 the for 11 building as Los High Union No. District tation 18 (P. O. Los Angeles), Calif. $4,100,000 san¬ itation bonds offered April 5—v. 171, p. 1188—were awarded to a syndicate composed of the Na¬ tional City Bank, of New York, 278,000 Hayward School District Northern Trust Co,, of Chicago, bonds. Due on June 1 from Ira Haupt & Co., Roosevelt & 1951 to 1963 inclusive. 189,000 San Lorenzo School Dis¬ trict bonds. Due on June 1 10 79,000 Castro Valley School Dis¬ bonds.- Due trict from 1951 to on 1 June New 78,000 Mt. Eden School District Due on June 1 Angeles, R. S. Dickson & Principal New Andrews & Wells, Inc., York. Lyons & Shafto, 36,000 000 bids until 10 11 for the a.m. (PST) purchase of 101.66, on April $140,000 school bonds. Dated June 1, 1950. Denomination. JjTune 1951 Due on 1960 inclu¬ sive. Principal and interest (J-D) 1 from $1,000. to payable at the office County Treasurer. of the Sch. Dist., San Luis Obispo County (P. O. San Luis Obispo), Calif. ing bonds offered April 3—v. 171. 1396—were awarded to Schwa- p. bacher & Co., of San Francisco. dChula , Vista City Sch. Dist., San Diego County (P. O. Sacramento), Calif. Bond _ Offering—T. H. Sexton, County Clerk, will receive sealed bids until ; 10:30 p.m. (PST) cn office, 21/2s. Due on June 1 inclusive. $118,000 as a proved : (P, O. Redwood City), Bond bonds offered 1300—were Ramona Angeles County Sch. Dists. (P. O. Los Angeles), Calif. Bond Sale—The $159,000 Gar- Sch. Dist. April 4—v. 171, bonds offered p. 1396—were R. H. Moulton & Co., vey awarded to of San Francisco, and the First National Security Bank, of Los An¬ geles, jointly, as 21/2S, at a price basis of about 2.10%. Additional Sale — The $24,000 Azusa Sch. Dist. bonds offered on above dates & were awarded to Hill, Co., Bond Louis, and Angeles, jointly, as 2V2s, at a price of 100.83, a basis of about Napa, Bond Calif. Sale—The $200,000 water April 5 were awarded to a syndicate composed of the Bank of America National works bonds offered IV2S, at a about 1.49%. ton, of San Francisco. Sch. Dists. (P. O. San Jose), Calif. Bond Sale—The $210,000 Moun¬ noon April 18 for the pur¬ $500,000 refunding cou¬ on of registered bonds. Dated 1950. Denomination $1,000. Due on April 1 from 1953 to> 1962 inclusive. Principal and in¬ terest (A-O) payable at the City pon or 1, & office, at the Citi¬ Bank,. or National Southern h Offering Bond — ILLINOIS Alexander Murdoch, Town Treasurer, will receive sealed bids until noon (EST) on April 17 for the pur¬ $1,710,000 coupon bonds, Cook as Bond library $200,000 . • Due ing follows: on building bonds. .May 1 from 1951 to 250,000 permanent bonds. Due on 1951 to 1964 pavement May 1 from Due school building bonds. on May 1 from 1951 to 1970 inclusive. Dated May 1, 1950. Denomina¬ Principal and interest the Union and New Co., New Haven. Le¬ gality approved by Day, Berry & Howard, of Hartford. tion $1,000. 171, — Dickson awarded to> were & fund¬ 30—v„ March Co., and Mc- both of Chi¬ cago, jointly, at a price of 100.13,. a basis of about 2.11%, as follows: Dougal & Condon, as 2Vis. Due March 1 on from 1952 to 1958 inclusive. 60,000 as 2s. Due March on X from 1959 to 1961 inclusive. The second highest bidder John Nuveen & Co., on a flecting a net interest was bid re¬ cost of about 2.14%. Du at Meriden, Conn. offered 1188 p. S. R. Page County Community High Sch. Dist. No. Haven Trust bonds Twp. Sale—The $190,000 bonds $130,000 inclusive. Northfield County, High Sch. Dist. No. 225 (P. O. Northbrook), III. chase of payable Santa Clara County District (EST) chase will until bids sealed Roos,. Council, City City- 1970 inclusive. payable at the County Treasurer's office. Legality approved by Or¬ rick, Dahlquist, Neff & Herring¬ School receive the Hamden, Conn. 1,160,000 View of awarded to R. L. Savannah, or at the Irving Trust. and Coffin Co., New York City. Legality ap¬ jointly, as proved by Vandewater, Sykes,. price of 100.06, a basis of Heckler & Galloway, of New York May 15 from 1951 to 1970 inclu¬ Principal and interest (M-N) ' Bond Clerk > Burr, of New York, & . T. H. Sexton, 1 GEORGIA Savannah, Ga. Offering—Nola M. 1300—were p. San sive. tain City. ' Day & Co., of Boston, 100,000 storm water drain bonds. Due on May 1 from 1951 to 1964 inclusive. 100 (P. Bensenville), Bond Sale — The O. III. $1,077,000 school bonds offered April 3 were awarded to Paine, Webber, Jack¬ Curtis, John Nuveen & Co.„ Hornblower & Weeks, Sills, FairCalifornia Bank, both of Los An¬ as, City Treasurer, will receive man & Harris, and McDougal &: geles, and Paine, Webber, Jackson sealed bids until 2 p.m. (EST) on Co., all of Chicago,; jointly,; as & Curtis, of Chicago, jointly, as April 11 for the purchase of $1,2V2S, at a price of 101.14, a basis 2s, at a price of 100.11, a basis of 200,000 school coupon or registered of about 2.35%.-; about 1.98%. bonds, divided as follows: 27—v. offered March —were 2.41%. — York zens April 17 for the purchase of $98,000 building bonds. Dated May 15, 1950. Denomination $1,000. Due on Dempsey-Tegeler Los Offering by Reed, Hoyt & Washburn, of New Treasurer's divided County Clerk, will receive sealed bids until 10:30 a.m. (PST) on State Delaware, Dover. Legality April 3—v. 171, V Dist., of $285,000 school school Diego County (P. O. San Diego), Calif. of Los Angeles, & Co., of St. J. A. Hogle & Co., of i: April 4—v. 171, p. Sch. at the Farmers Bank of the 1950 bonds offered awarded to Kaiser & Unified Conn. May 1 on cipal and interest (M-N) payable Bond Sale—The Co., of San Francisco, as 2V4S, at a price of 100.18, a basis of about 2.23%. Tallmadge, CONNECTICUT Calif/ Sale—The $142,000 for $600. Due one from 1951 to 1970 inclusive. Prin¬ April East Lyme, i Dist. . 1950. Legality ap¬ Myles P. by - Sch. Due on Nov. 1 of Denver. Treasurer's .v.. ; • Due on Nov. 1 to 1969 inclusive. from 1970 to 1978 inclusive. Dated Jan. 1, Dusenberry, Elem. 3s. 1951 508,000 as 3 Vis. (P. O. : ■/}: *: price of par, as follows: from Calif. v;: purchase of $280,600 school, Series of 1950 coupon bonds. Dated May and Couglhin & Co., all of Denver, 1966 to 1971 County . Writer & ChrisGarrett-Bromfield & Co., at v.,.;' i '-! -■ Ravenswood Los Richards Bond Sale—The $130,000 build¬ * basis of about 2.46%. a of 101.50, a jArroyo Grande Union Elementary tensen, 1965 inclusive. the . cher & Co., Peter, Principal and interest (J-D) pay¬ at • » Chicago, Boett- Nuveen & Co., of building bonds. Dated June 1, Denomination $1,000. Due June 1 from 1951 to 1970 incl. able net Bond Sale—The $626,000 water 1950. on a system revenue bonds offered March 27 were awarded to John Due on June 1 Offering—E. Bond tion, will receive sealed bids until 1 p.m. (EST) on April 17 for the Fran¬ 1, 1950. Denomination $1,000, ex¬ Trinidad, Colo. 2V4S. Fresno), San cept on June 1 1961 inclusive. Fresno County Spec. Sch. Dist., Del. Offering — A. E. Humes, Bond COLORADO $192,000 build¬ Pinedate School District, of Lehman 1, 1950. Denomina¬ & Co., tion $1,000. Principal and interest Blair, Rollins & Co., Inc., B. J. <J-D) payable at the County Van Ingen & Co., A. G. Becker & ^Treasurer's office. ' Legality ap¬ Co., John Nuveen & Co.* Hornproved by Orrick, Dahlquist, Neff blower & Weeks, Braun, Bosworth i& Herrington, of San Francisco, i & Co., Inc., C. F. Childs & Co., Alpaugh Unified School District, and Milwaukee Co., Milwaukee, f • Tulare County (P. O. jointly, for 2V2s, at a price of County Clerk, will receive sealed as from DELAWARE Mi'ford bidder was Co., reflecting bid a on 1962 to as from 57,000 to Trust interest cost of about 2.07%. Due 2s. 1951 from of Halsey, Stuart & Co., Bros., Goldman, "Sachs Visalia), Calif. cisco, bonds $99,000 as & Palmer Storey, Thorndike, Dodge, of Boston* inclusive. The second highest American High Sch. Dist., Tulare County (P. O. Visalia), Calif. ing Denomina¬ May 1, 1950. $1,000. Principal and interest 11 May on Due 1969 1952 to from President of the Board of Educa¬ Union Bond Sale—The Due 1 payable at the First National Bank, Boston. Legality approved by 175,000 as 2s. Due on May 1 from 1968 to 1975 inclusive. April 18 for the purchase of $38,- Provident His. as from 1963 to.1967 Francisco. Sav¬ Chicago, of .... Bond Offering—Gladys Stewart, 80,000 payable at the County Treasurer's office. Legal¬ ity approved by Orrick, Dahl¬ quist, Neff & Herrington, of San reno¬ May 1 on of from 1960 to 1962 inclusive. (M-N) Orosi Dated tion May 1 IV2S. Due on 45,000 as May on 1 Due on May 1959 inclusive. IVis. as Due 1956 inclusive. inclusive. 1955 inclusive. to from 1956 to and inclusive. 1964 interest ings Bank & Trust Co., of Cincin¬ Co., from Dated June 60,000 1952 York, Hill, Richards & Co., Boston, Breed & Harrison, of Cin¬ cinnati, and R. H. Johnson & Co., \ 1951 to 1970 inclusive. of New York, as 2y2s, at a price of 27,000 Independent School District bonds. Due on June 1 102.34, a basis of about 2.38%. The second highest bidder was from 1951 to 1974 inclusive. bonds. 1951 1954 to 125,000 trade school bonds. of about 1.94%, as follows: 1, 1950. Denomination Dated May from $140,000 as 4s. Due on May 1 from County Clerk, will receive sealed bids until 10:30 p.m. (PST) on nati, 1964 inclusive. LaRue, purchase of $13,000 registered bonds. the for Cross, F. S. Smithers & Co., all of of Los from 1951 to 1962 inclusive. C. school coupon or June 1 from 1951 to 1966 incl. .. C. repair and vation bonds. Co., Levy & Williams, all of San Fran¬ County Clerk, will receive sealed bids until 10 a.m. (PST) on April Sale—The School District bonds. Due on & school 600,000 Heller, cisco, at a price of 100.92, a basis offered March 28—v. 171, p. 1188—were awarded to the Bank of America National Trust & Savings Association, of Angeles County, County Sani¬ San Francisco, as follows:' ' approved b y O'Melveny & Myers, of Los AnLegality Bond follows: Hayward ,$925,000 registered or coupon bonds, divided Board, will receive sealed office. County Clerk, will receive sealed bids until 10 a.m. (PST) on April Secretary Pateman, — inclusive. Co., & Co., registered or follows: as $1,750,000 school house bonds. Due on May 1 from 1955 to 1979 J. Barth & Co., Schwabacher 8c Co., and Lawson, Orangevale Union School District, Sacramento County (P. O. Sacramento), Calif. / Offering & Moulton H. R. Blyth Association, ings Bruce to G. Governing bids un¬ til 8 p.m. (PST) on April 19 for the purchase of $225,000 sewage disposal plant bonds. Dated May gality approved by White, Brad¬ ley, Arant & All, of Birmingham. 1, 1950. Denomination $1,000. Due on May 1 from 1951 to 1975 inclu¬ sive. Principal and interest (M-N) ; CALIFORNIA payable at the County Treasurer's Co., and Berney Perry & Co., both of Birmingham, jointly, as -33/4S, and 2V2S. Dated Feb. 1, 1950. Le¬ Legality Dahlquist, $1,000. Due on May 1 from (P. O. County Goleta), Calif. Offering — Stanley Bond 1 Due on May to Sanitary Barbara of cured 1966 from Goleta Ala. Sheffield, Warrants 1956 from Orrick, coupon bonds, divided 1396—were awarded to a syn¬ dicate composed of the Bank of America National Trust & Sav¬ Herrington, of San Fran¬ Neff & Bond Montgomery, as 2^s. Dated March 1, 1950. Legality approved 1950. 15, by 475,000 ing bonds offered April 3—v. 171, p. cisco. 1955. of May approved May 1 1970 inclusive. to Waterbury, Conn. Bond Offering—William A. Si¬ High Sch. Dist., Marin County (P. O. rica, City Clerk, will receive sealed bids until 8 p.m. (EST) on San Rafael), Calif. Bond Sale—The $500,000 build¬ April 12 for the purchase of $2,- Due on May 1 from 60,000 as 2s. the Bank of America National Tamalpais Union inclusive. to 1964 1962 from Due on 1S/4S. a on flecting a about 2.19%. inclusive. 1961 1959 to 30,000 as of Union bonds, 1 May . Dated School tional Bank, of Boston. Legality bid re¬ approved by Ropes, Gray, Best, net interest cost of Coolidge & Rugg, of Boston. District 1 May Due on IV2S. 30,000 as on cost Almaden 40,000 inclusive. April 1, 1950. Denomina¬ about tion $1,000. Principal and interest (A-O) payable at the First Na¬ 2.34%. 1958 inclusive. 1955 to a on April 1 from 1951 to 1970 on School District bid reflecting a interest net 1954 inclusive. Due IV4S. as from from The $78,000 Reedley Joint Sch. Dist. bonds of¬ fered on above date were awarded Due April 1, 1950. Dated 2.05%. basis of about) a Additional Co., Securities Corp., and Marx & awarded to the County. were 40.000 to 1951 from $10,000 Dunlap bonds offered April 4 Dist. Sch. bonds, Due on May 1 $40,000 as 4 Vis. Bond Sale—The The $210,000 — Williams, both of San Francisco, at a price of 100.06, a basis of about 1.90%, as follows: County Sch. Dists. (P. O. Fresno), Calif. > Whisman $83,000 & rick, Dahlquist, Neff & Herring- proved by White, Bradley, Arant & All. of Birmingham. inclusive. 360,000 Second Series bonds. Due Co., of San Francisco, and Associates, as follows: Trust can April 1 from 1951 to 1970 on the Ameri¬ date were awarded to Levy Kaiser & Co., and Lawson, above on Due $840,000 First Series bonds. The S123,000 — offered bonds school San Francisco, Treasurer's County Additional Sale Association, of California Bank, of Los Angeles, J. Barth & Co., of San Francisco, Paine, Webber, Jackson & Curtis, of Chicago, Savings & Trust ' DEPARTMENT STATE AND CITY *'■ ' — 1950 Monday, April 10, FINANCIAL CHRONICLE & COMMERCIAL awarded to 171, p. 1300 Blyth & Co., Bond Offering—Henry J. Thom¬ son & Volume '171',, - Number- 4897>.. St. Clear-County Com. Unit Rural Roufie Not 1, East v \c-, St. Louis)r III. Bonds Sold—An issue of $625,, . 000 building bonds has been sold John to. the , W. Clarke, Inc., and Nongard, both ; of Chicago, jointly, as 3s. Dated Jan. l,t 1950. Legality approved by Ketcham. & j ' V THE COMMERCIALS FINANCIAL, CHRONICLE : Warsaw, t , Sch. Dist. Ho. 187 (P. O. ; ^ . Ind.\ Principal \ and / interest (M-S) Harry D. payable at the State Treasurer's office. Legality approved by StinFrancis, ^ City > Clerk-Treasurer^ will receive sealed.. bids until son, Mag, Thomson, McEvers & 2 p.m.(CST) on April 24 for the Fizzell, of Kansas City. Bond 1 Offering purchase of $412,000 sewage works revenue May 1, 1950. Denom. $1,000. Due on March 1 and Sept. "1. from 1952 to lola, coupon bonds. Dated & , Trauernicht, of .• St. 1981 28 awarded were to offered sealed (CST) Kan. the as until 19 for the street 1 . Due on 1951 * to 1989 inclusive/ Dated June 1, ; University, student residence (A-0)v payable hall * tional bonds. Due Oct. on from 1953 to 1985 inclusive. •.«' 130,000 Western' 1 * Illinois1 -State Bank at First the and Oct. Na¬ (J-D) payable1 at such agencies in New Orleans, Chicago. Legality approved by Chapman & Cutler, of Chicago. • ' 26,000 Due inclusive. Dated /y r,; 1,, 1950. Denomi¬ nation $1,000. Principal and in•est (A-O) payable at the First ational Bank of Chicago. Legal¬ ity approved by Chapman & Cut¬ er, of Chicago. ' , Urbana), III. Sale 1088—were to Blyth price of a basis of about 2.55%, as a ollows: ^ , $345,000 2% s;.. Due as and Oct.^1 from inclusive. 117,000 to at 1 from to 1964 1962 '■<■/ V■.'v' 2%s. Due on April 1 as and Oct. 1 from inclusive.^ . 1965 to 1970 ' , INDIANA Bainbridge, Town Ind. Offering Bond H. R. — Clerk-Treasurer, ceive sealed bids until (CST) on April chase of' $80,000 revenue April r 1, 1989 14 Sands, will 7:30 for the re¬ dale of Due 23As. as on Nov. .-// ' T & Trust Co., RoachLegality approved by Ross, McCord, Ice & Miller, of Indiainapolis. 2 the plant system receive purchase the for of $14,000. fire on 1960 inclusive. March from 15 1951 to ' Hewton, Iowa ''-//'v;: Sale—The $49,000 Bond special April bonds school Due on township Jan. Civil Due on 1 bonds. and July 1 township Jan. 1" and July Seymour, Ind. Offering—Ralph J. Lucas, Clerk-Treasurer, will re¬ ceive chase on of refunding to the Iowa-Des tional 3ue on 2 Dated Legality [toss, McCord, [ndianapolis. South Ice May 1951 has been 1, 1950. to 1963 ing the Sch. Whitley, Ind. Iowa offered March 1188—were p. 30—v. awarded to White-Phillips Co., of Daven¬ as 2y4s, at a price of 100.10, port, basis a of about highest 2.23%. The bidder sec¬ Shaw, McDermott & Co., for 2?4s, at a price of 100.07. was KANSAS Great I Bend Bonds 256,700 sold to munici¬ building of 1950 bonds of-; April 3—v. 171, p. 1300— a Sch. Sold—An school Dist., Kan. issue of bonds has ; $1,been the net interest cost of about as follows: $416,700 vere awarded to Raffensperger, lughes & Co., of Indianapolis, as 3/4S, at a price of 101.25, a basis as 840,000 from as l3/4s. 2y2S. 1956 Dated Jan. tion $1,000, 2.40%, / from 1951 to ered 30—v. to Due on Sept. 1 1955 inclusive. Due 1965 on Sept. to one for April & both Jones, as $39,000 as 1951 W. $700. purchase 15 1951 Due to to as 2%s. St.' Mary Parish Water Works Dist. No. 1 (P. O. Morgan 1956 to 1975 La. on Jan. MAINE 1 inclusive. (M-S) Auburn, Note Sale offered were The $350,000 notes April 3—v. 171, p. 1397— — awarded to the First Auburn Trust Co., at 0.88% discount. bidder was The Mer¬ Bank, Boston, at Charles, La. — Florence Offering Clerk, April 26 for the pur¬ chase of $4,000,000 institutional improvement, Series G coupon or registered bonds. Dated March 15, $1,000. Due March 15 from 1952 to 1968 in¬ Legality & Fall River Note * Legality Thorndike, , of Boston. Housing A uthority* Offering—John mings, Chairman, bids at B. will the Cum- receive1 office of the:* State Housing Board, 18 Tremont Street, Boston, until 11 a.m. (EST) onf April 13 for the purchase of ^ $1,075,000 First Series notes... Dated April 24, 1950. Due on April 24, 1951. Principal and in- > at Bank, of the National Second Boston. Legality ap¬ Gardner Housing Authority, Mass. Note Offering—Nathan Parnes, at First 000 approved Dawson, of by New roy, Offering—Ernest County ceive sealed (EST) on chase of,: hospital 1950. on Treasurer, bids April of Series the State Dated * notes. April 24, 1950. Due on April 24, 1951. Legality aproved by Cald¬ [ Sale—The extension main March 30 iv2s, until. a of about Boston, W. will 11? 12 for the Kilre¬ a.m. pur¬ tuberculosis .Dated April 12, Denomination $25,000. April 5, 1951. '« Due of 101.43, ; a: 1.24%. The second" Day Trust Co., a price of was iy2s, dated at v.v, Due on 1963 inclusive. terest price are Notes to/ the * Bank, of Boston, for " 101.13. water' offered* awarded were at $95,000 bonds Second National as Mit¬ Greenfield, Mass. > Bond April April 15, 1950.. 15 from 1951 to Principal and in¬ > payable at the Second Na¬ tional Bank, of Boston. County (P. Springfield), Mass. Hampden Note Offering — O. * Daniel M.* Walsh, Jr., County Treasurer, willreceive sealed (EST) on chase of tients April bids maintenance 12, until noon* April 12 for the pur¬ $40,000 tubercular pa-> 1950. notes. Due on Dated April 1, 1951. Lexington, Mass. Offering—James J. Note $275,000 notes. sealed receive office highest bidder Me. Taunton), Mass. Note will the — on King City. Boston. Storey, Palmer & Dodge, basis Le wist on, N. Note Sale The $800,000 notes will receive sealed bids until 10 a.m. (CST) on offered April 3—v. 171, p. 1397— May 3 for the purchase of $100,- were awarded to the Second Na¬ 000 fire station and equipment tional Bank, of Boston, at 0.81% bonds. Dated Aug. 1, 1949. De¬ discount. The second highest bid¬ nomination $1,000. Due on Aug. der was Merchants National Bank, 1 from 1951 to 1969 inclusive. Boston, at 0.96% discount. Principal and interest (F-A) pay¬ MASSACHUSETTS able at the City Treasurer's office, or at the option of the holder, at Boston, Mass. a bank to be named by the pur¬ \ Note Sale—The $5,000,000 notes chaser. Legality approved by offered April 5 were awarded to Chapman & Cutler, of Chicago. Halsey, Stuart & Co., at 0.93% in¬ Louisiana (State of) terest, plus a premium of $98. Bond Offering—L. B. Baynard, Notes are dated April 10, 1950. Secretary of the Board of Liquida¬ Due on Nov. 8, 1950. tion of the State Debt, will Bristol County (P. O. receive sealed bids until 11 a.m. York of by well, Marshall, Trimble & chell, of New York City; Me. 0.89%. Wood, Bank, Housing Board, 18 Tremont StreetK Boston, until 11 a.m. (EST) on April 13 for the purchase of $470,- highest clusive. Denom¬ payable at the Second Na¬ tional terest Floyd P. payable at the office of the District, or at any bank in the State of Louisiana. Legality approved by Charles & Trauernicht, of St. Louis. National Denomination 1950. and interest second on 15, cipal chants (CST) April $1,000, Principal and in¬ bids bid reflecting City 1951 Chairman, net interest cost of about 2.83%. Moore, terest from 1951 to 1970 inclusive. Prin¬ Kingston & Co., Stubbs & Smith & Lombardo, and G. Price on a Dated 15 inclusive. from New D. Crane, jointly, 1969n O'Brien, President of the Board proved by; Caldwell, Marshall, of Commissioners, will receive Trimble & Mitchell, of New York sealed bids until 10 a.m. (CST) on City. : inclusive. Due to Massachusetts May 1, 1950. Denomina¬ Legality approved by Chapman & Cutler, of Chicago. — April on 1979 ination from Dated City), 1951 , onn April 15 from 1951 to 1965.* inclusive; v ; [ 367,000 water, Act of 1946 bonds. sealed Offering Due 79,000 school addition bonds. Due inclusive. tion $1,000. Bond ■ bonds. from 15 . approved inclusive. ; school April > April 15 from 1951 to^ on Due $165,000 1 the on 81,000 water revenue bonds. Due on May 1 from 1951 to 1970 3s. Due on Jan. 1 from 1955 May on 1970 of care inclusive. follows: as in 1970 inclusive. > of bids of follows: to 236,000 the ' April 22 for the purchase of $56,000 water coupon bonds. Dated May 1, 1950. Denominations $1,000 and $500. Due on March 1 Orelans, and Barrow, Leary & Co., of Shreveport, jointly, at a price of 100.006, a basis of about 2.75%, for sealed Due April 15 La. R. Sanford, Hattier~& White, Scharff 1950. 1 inclusive. 15, 1950. Denomina¬ except La. $275,000 public 171, p. 989—were awarded Bond Dist., Sale—The $100,000 build¬ bonds 171, Reserve), a.m. as City National Bank & approved by Trust Co., Lucas, Eisen & Waeck& Miller, of erle, both of Kansas City, jointly, and Associates, on a bid reflecting >f about 1.57%. Gretna, Bond Sale—The a Moines, on Maurice — $694,000 school, Act of 1949 bonds. St. John the Baptist Parish Water ! Works District No. 1 (P. O. bonds. The second highest bidder was Moines Na¬ Des on $84,000 public1 improvement improvement bonds offered March O. Iowa bonds of Con. p.m. Bond Sale—The $15,000 pal (P. Due 2V4s. Due as bonds, divided LOUISIANA Lake Bond April 20 for the pur¬ fire equipment July 1 from nclusive. until Bank, Ruthven $24,000 bonds. [950 bids sealed [CST) Bluffs), sold ond 3ity County Sold—An issue of $160,- Bonds 1 $1,000. Interest J-J. Legality ; sealed bids until 10 Cummins, of Des 5s, at a price of par. as 2s. as Soden- Whitley County (P. O. Williamsburg), Kyi IV2S. approved by Ross, McCord, Ice & Miller, of Indianapolis. the KENTUCKY from bonds. Dated March 1, 1950. Denomina¬ Bond ; & Council from 1952 to 1961 inclusive. | 1301—were awarded P. Pottawatomie as from 1952 to 1961 inclusive. 72,000 tion offered 000 573,000 1 171[ Wheelock Moines, (CST) of follows: to Offering Bank, of Boston,.. Ill Franklin Street, Boston, until* 2 p.m. (EST) on April 11 for the ? purchase of,, $1,258,000 coupon bonds, divided as follows: 2.23%, Bond Offering^Kittredge Tay¬ Co., and George K. Baum & Co., both of Kansas City, joint¬ lor, Secretary - of ' the Board of ly, as l%s and i iy4s. Due from Commissioners, will receive sealed bids until 7:30 p.m. (CST) on May 1951 to 1960 inclusive. *>:''■ bids [ until April 11 for the on Due purchase $✓45,000 school bonds, divided awarded were Trustees, equip¬ bonds. Dated March 15, 1950. ment to 19 22 Tuffree, of sealed (CST) p.m. E. Board Cohasset, Mass. Bond from 1951 to 1956 inclusive; Bond Offering—Everett Faulk¬ $120,000 elec-* ner, County Judge, will receive Offering—J. of 3—v. April $193,000 street improvement bonds offered March Marshalltown), Iowa OhioTwp. (P. O. Hewburgh), Ind. sealed bids until 7:30 p.m. Sale—The (EST) on April 20 for the purchase of $78,v. 171, p, 1188-4were awarded to. 000 refunding bonds. Dated May the Carleton D. Beh Co., of Des 1, 1950. Denomination $1,000. Due Moines, as 13/4S, at a price of on May 1 from 1951 to 1970 inclu¬ 101.51, a basis of about 1.52%. The sive. Principal and interest second highest bidder; was Bal(M-N) payable at, the Kentucky lard-Hassett Co., for l3/4s, at a Trust Co., Louisville. Legality ap¬ price of 101.50. proved by Chapman & Cutler, of Marion Township (P. O. Chicago. Bond about ■ dated are 118,000 $324,000 ;; bonds offered March 30— revenue | Bond Offering—Monroe Howes, .Township Trustee, will receive Co., for iy2s, at a a basis of about of cost notes. Boston. follows: as 1 Iowa Sale—The interest net & April 4—v. 171, p. 1088—were awarded to; the Guaranty Bank & Trust Co., of Alexandria, on a bid reflecting a 976,000 Bond 1950. NoVi 1 from 1951 • to 1970 assessment • 1960 1 Second National The $1,300,000 — No. 1 from 1951 to April 1, 1950. ' Denomination $1,000. Principal' and interest payable at the Na¬ tional Shawmut Bank, of Boston. * Legality approved: by • Storey, Thorndike, Palmer & Dodge, of ceive (P. O. La. offered Notes from 1957 to 1970 inclusive. April 1, trie light and power will to 1 from 1958 to 1 Sale bonds April on 1956 inclusive. Zahner inclusive. ? . .. dated are Bond Dated 1955 April Prattf Kan. 1 Nov. on 1970 Corning, bonds. ; from 1957. on 100.04, ? inclusive. Clerk 15 and Due school of dale. on price of 1.24%. ; on Due 1956 to 100.17. Due pur¬ Principal and in¬ (J-D) payable at the Roach- Bank basis a follows: The second highest bidder was Sparks & Co., for 2%s, at a price works inclusive. terest 100.19, as 2i/2s. as from p.m. Denomination $1,- Dec. on the from 1951 to 1955 inclusive. water coupon 1950. 000. Due to Stern Bros. > inclusive. J of 2.71%, 39,500* April 1 on iy2s. Bond r April 1 and The second highest bidder was 171, ■ and Oct. 238,000 price a Bonds 1961 sewer 31—v. awarded were 1 . . April 1 on 1951 2i/2s. Due as — $52,000 March April on on 1 Alexandria), 1960 inclusive. loan Noonan, Town Treasurer, will re- * Rapides Parish, Alexandria 1953 inclusive; Wachob-Bender Corp;; of Omaha; $12,500 awarded Co., of Chicago, at 100.25, 1088 p. apartment building revenue bonds offered April 4—v. 171, '. offered in 1956 1 as and Oct. Iowa* Sale—The Bond dent & Bluffs), - bonds The $700,000 stu¬ — : about University of Illinois (P. O. ■Bond [ r Due Is. as 36,000 Carter Lake (P. O. Council v April to New City, as the Board of Liqui¬ dation, City Debt, may designate. Legality approved by Wood, King & Dawson, of New York City. Sch. Dist. No. iy8s.i Due as Oct. IOWA April 1 from 1953 to 1980 on 1951 and Oct. 1 in 1954 and 1955. 24,000 * College, stadium bonds. 1 from paying or York inclusive of 1950.-Denomina¬ water Due [ tion $1,000. Principal and interest v from 1951 to 30,000 2,000,000 grade separation, Series * C bonds. Due on Dec. 1 from i- ' Sale consisted of: Dec. - awarded;to were $100,000 surface drainage and sew¬ er loan notes. Due on April 1 from 1951 to' 1989 inclusive. . April 6 about 1.23%. pur¬ improvement, Series D bonds. , Sale—The $130,000 bonds Coffin & Burr, of Boston, as l^s, at a price of 101.29, a basis of a.m. follows: Zahner ■ 11 $4,500,000 bonds, divided $2,500,000 Soden- bids April on chase of Bond Sale—The $145^500 street improvement bonds offered March Principal and payable at1 the Bond — (1505) -4»*r - Brockton, Mass. Horace P. receive ■f. inclusive. interest Offering Phillips/ Secretary of the Board of Liquidation, City' Debt, will Co., and Burke and Mac(M-S) Donald " & Louis. Co., both of Kansas "-.'y. ■: Lake City Bank, Warsaw. Legal¬ City, as l%s and iy4S. Due from Teachers College Board of the*' ity approved by Ross, McCordr 1951 to 1960 inclusive. Ice & Miller, of Indianapolis. State of Illinois (P. O. ' * - * Lyon County (P. O. ,.\ Macomb),* III. \ ; Washington/ Ind. Emporia), Kan. Bond Offering—Vernon L. NicBond Offering—Nellie Bi Start; Bond Sale—The. $125,000 hos¬ kell, Secretary of the Teachers City Clerk-Treasurer, will receive pital bonds offered April 4—v. College Board, will receive sealed sealed bids until 7:30 p.m. (CST) bids until 1:30 p.m. (CST) on on April 17 for the purchase of 171, p. 1937 — were awarded to Small-Milburn Co., of Wichita, at April 17 for the purchase of $1,$1,260,000 sewage works revenue a price of par, a basis of about 230,000 revenue, Series of 1950 bonds.' Dated April 1, 1950. Due 1.23%, as follows: bonds, divided as follows: on' April 1 from 1953 to 1980 Due on April 1 $1,100,000 Illinois/ State Normal inclusive. Principal and interest $39,000 as 13/4s. Charles Hew Orleans,- La. , Bond — - . Car¬ roll, Town Treasurer, will receive" sealed on bids April $70,000 until 12 for coupon 11 a.m. (EST) the purchase of notes, divided as- follows: $45,000 fire station notes. Due on* May 1 from 1951 to 1959 in*: elusive. Monday, April 10, FINANCIAL CHRONICLE COMMERCIAL & THE 50 1950 I I I — ,(1506) Mount construction notes. 25,000 street Due ; 1951 to 1954 from 195 L to 1 May on $40,000 as 3s. Due on April 1 from Offering Bond inclusive. sealed S. Knapp, will receive until 7:30 .m. (EST) 10 for the purchase of School District (P.O. Clerk*, will receive sel, Borough sealed bids until 8 p.m.- Conrad), Mont. bids Offering—Althea D. Pur- Bond High County, Conrad Pondera Washington, N.J t MONTANA Dist., Mich. T. — Secretary, District 1 70,000 as 2V4S.. Due on April from 1955 to 1960 inclusive. 1955 inclusive. Pleasant Sch. (EST) on of $135,registered bonds. Dated April 1, 1950. De¬ nomination $1,000. Due on April 1 Bank, of Boston. p.m. (MST) on May 11 for the from 1951 to 1977 inclusive. Prin¬ purchase of $195,000 construction cipal and interest (A-O) payable ; Lynn, Mass. 000 as 3s, and $60,000 as 2%s. interest (A-O) payable at the Isa¬ and equipment bonds. Dated June at the Washington - Trust Co., Note Offering—Daniel J. Mcbella County State Bank, Mount 1, 1950. Amortization bonds will Burr Oak, Mich. Washington. Legality approved Ardle. City Treasurer, will re¬ Pleasant. Le gality approved by be the first - choice and serial Bond Sale-^-The $110,000 water ceive sealed bids until 11 a.m. by Hawkins, Delafield & Wood, Miller, Canfield, Paddock & Stone, bonds the second choice of the of New York City. > (EST) on April 11 for the pur¬ supply system revenue bonds of¬ of Detroit. \ School Board. ' If amortization chase of $800,000 notes. Due on fered April 3—v. 171, p. 1301— West Long Branchy N. J. bonds are sold and issued, the en¬ Muskegon Twp. Sch. Dist. No. 1 Nov. 30, 1950. Legality approved were awarded to Stranahan, Har¬ tire issue may be put into one Bond Offering—J. R. Woolley, ris & Co., Inc., of Toledo, at a (P. O.',Muskegon), Mich. , by Storey, Thorndike, Palmer & single bond or divided into sev¬ Borough Clerk; will receive sealed price of 100.14, a basis of about Dodge, of Boston. ,, . ^ , Bond Offering—Bernard Rieg- eral bonds, as the Board of Trus¬ bids until 8 p.m. (EST) on April 3.13%, as follows: ler, Superintendent of Schools, tees may determine upon at the 20 for the purchase of $45,000 im¬ Plymouth County (P. O. $74,000 as 3Vis. Due on Oct. 1 from will receive sealed bids until 8 time of sale, both principal and Plymouth), Mass. provement coupon or registered 1954 to 1979 inclusive. p.m. (EST) on April 11 for the interest to be payable in semi¬ Note Offering—Avis A Ewell, bonds. Dated May 1, 1950. De¬ 36,000 as 3s. Due on Oct. 1 from purchase of $96,000 school coupon annual instalments during a period County Treasurer, will receive nomination $1,000. Due on May 1 1980 to 1988 inclusive. bonds. Dated April 1, 1950. De¬ of 20 years from the date of issue. from 1951 to 1956 inclusive. Prin¬ sealed bids until 11 a.m. (EST) Due on April If serial bonds are issued and sold The second highest bidder was nomination $1,000. on April 12 for the purchase of cipal and interest (M-N) payable 1 from 1951 to 1962 inclusive. they will be in the amount of $1- at the Long Branch Banking Co., $275,000 tuberculosis hospital S. R. Livingstone & Co., and Siler & Co., jointly, for SV2S and 3Vis, at Principal and interest (A-O) pay¬ 000 each, and shall be payable in maintenance loan notes. Dated Long Branch. Legality approved a price of 100.01, a basis of about able at the National Lumberman's 20 annual instalments, one instal¬ by Caldwell, Marshall, Trimble & April 18, 1950. Denomination $25,Bank, Muskegon. / Legality ap¬ ment of $8,000 shall be due and 3.49%. V000. Due on March 30,1951. Mitchell, of New York City. proved by Berry, Stevens, Barbier payable June 1^ 1951, one instal¬ Sharon, Mass. Erin and Lake Townships Frac. & Evely, of Detroit. NEW MEXICO ; ment of $7,000 shall become due 1950. Denomina¬ May 1, Dated Principal and interest payable at the Merchants National tion $1,000. t 60,000 as 2s. Due on April 1 to 1965 inclusive. 1 April on from Dated 1961 April Denomination The second highest bidder was $1,000. Due on April 1 from 1951 McDonald-Moore & Co., for $110,to 1955 inclusive. Principal and $160,000 building 1, 1950. bonds. Marsh, Clerk of the Board of Trustees, will receive sealed bids until 8 Offering Bond — Veta April 18 for the purchase 000 or coupon sewer , Sale—The Note loan. of Act April 4 1950 $400,000 school notes offered v. 171, p. 1397 —- were to Blair, Rollins & Co., — Sch. u,V' ■ ;„v::.■■■■ (P. O. Fraser), 3 Dist; No. 31290 Gratiot, Michigan •'*• • ,. payable June 1, 1952, one in¬ of $10,000 shall become and Ypsilanti, Mich. Bond Sale—The $141,225.26 spe¬ payable June 1, 1953, and like instalment of $10,000 shall Inc., Paine, Webber, Jackson & Curtis, and Robert Hawkins & Co., jointly, as l%s, at price of 101.30, a basis of about both of Boston, 1.60%.' Somerville, , Note Sale — Mass. zation at 0.71% cl:,\yiy v': National Bank, of Boston, ' discount. Taunton, Mass. notes offered April 4 were awarded to the First National Bank, of Bos¬ ton, at 0.68% discount. <, Vj .: Notes are dated April 6, 1950. Denomination $50,000 and $25,000. Sale—The $350,000 from 20,000 as from The 1951 to 2M>s. ond , ,, - . Co., Due on June 1 1960 inclusive. Crouse & for 1 !4s and 1 Vfes, at a price highest bidder was of 100.05. inclusive. No. 71 & Co., and McDonald-Moore & Co, jointly, for 3Vis, H. V. Sattley 2%s, at a price of basis of about 2.94%. 100.03, Bond , ^ V (P. O. sealed bids ; purchase of $80,000 building bonds.;; Dated Georgetown Township Sch. Dist. April 1, 1950. Denomination $1,000. No. 3 (P. O. Hudsonville), Due on April 1 from 1953 to 1976 i'v';. Michigan inclusive. Legality approved by Due on Nov. 14, 1950. Legality Bond Sale—The $30,000 school Faegre & Benson, of Minneapolis. approved by Storey, Thorndike, bonds offered March *14 were Palmer & Dodge, of Boston. awarded to the Community State Ramsey County Com. Sch. Dist. No. 6 (P. O. St. Paul 1), Minn. Bank, of Hudsonville. Waltham, Mass. , o Note Sale — offered April 5 The $500,000 notes were awarded to Newton-Waltham v Bank & Trust Co.. of Waltham, at 0.74% the discount. Notes are dated April 5, 1950. on become due and April 11 for the payable June on thereafter until all of the said serial bonds are fully 1 in each year The bonds whether amorti¬ paid. or serial bonds shall be re¬ deemable in full on any thereafter Toole on June 1, I960, interest prior to date due maturity. County, Sunburst High Sch. Dist. (P. O. Sunburst), Montana Offering—Astrid G. Niel¬ District Clerk, will receive until 11:30 a.m. (CST) sen, a a and Indep. School District Askov), Minn. Pine County highest bidder was and J , MINNESOTA Due on June 1 1961 to 1965 second assessment paving cial $50,000 build¬ Sale—The $30,000 as 2%s. The $500,000 notes offered April 4—v. 171, p. 1397— were awarded to the Merchants Note bonds of¬ fered April 4—v. 171, p. 1397— ing bonds offered April 4—v. 171, were awarded to Halsey, Stuart p. 1397—were awarded to S. R. & Co., as IV2S, at a price of 100.89, Livingstone & Co., of Detroit, at a basis of about 1.33%. The sec¬ a price of 100.05, a basis of about Bonds due and Bond Bond April 3 171, p. 1189 000 r Sold—An issue of offered — were awarded to Piper, Jaffray & sewer ing revenue bonds has been sold Boettcher & Co., Peters, Writer to both of Denver, Dahlberg & Co., of Tucson, jointly, as 4s, at a price & Christensen, and 'Henry 1, 1949. De¬ July 1 from 1952 to 1979 inclusive. In¬ terest J-J. Legality approved by Myles P. Tallmadge, of Denver. of par. Dated Dec. nomination $1,000. Due on NEW v. wood, of Minneapolis. NEW YORK Caldwell, Diamond Point Hop- — $800,- light, water and improvement and refund¬ electric build¬ Sale—The $313,623 ing and equipment bonds N. Mex. Farmington, stalment 2.59%, as follows: awarded a i District (P. O. Lake New Water George), York Offering—Lael W. Breen, Town Supervisor, will receive sealed bids until 2 p.m. (EST) on April 12 for the purchase of $27,Bond HAMPSHIRE Nashua, N. H. registered 1949. Denom. $1,000. Due on Nov. 1 from Bond Offering—Alden Krueger, on April 11 for the purchase of 1950 to 1976 inclusive. Principal V Grosse Pointe Woods, Mich. Clerk of the School Board, will $200,000 notes. Dated April 12, and interest (M-N) payable at the Note Sale—The $80,000 tax an¬ receive sealed bids until 8 p.m. 1950. Denomination $50,000 and First National Bank, Lake George. ticipation 1950 notes offered April (CST) on April 19 for the pur¬ $25,000. Due on Dec. 1, 1950. Le¬ Legality approved by Vandewater, 4—v. 171, p. 1301—were awarded chase of $100,000 building coupon to the Grosse Pointe Bank, of bonds. Dated April 1, 1950. De¬ gality approved by Storey Thorn¬ Sykes, Heckler & Galloway, of Grosse Pointe, at 2% interest. Note Offering—Alfred O. Pou- 000 water lin, City Treasurer, will receive sealed bids until 11 a.m. '(EST) bonds. dike, Palmer & Dodge, of Boston. New York coupon Dated Nov. or 1, 11 City. Due on Jan. 1 Cortland, N. Y.' inclusive. Le¬ NEW JERSEY 000. Due on Lincoln Park Sch. Dist., Mich. Bond Offering—R. B. Sanders, gality approved by Faegre & Ben¬ approved by Storey, Thorndike, Delaware Township School (P. O. Bond Offering—Edwin H. Pate, son, of Minneapolis. , City Chamberlain, will receive Palmer & Dodge, of Boston. Sergeantsville), N. J. Secretary of the Board of Educa¬ sealed bids until 2 p.m. (EST) on MISSISSIPPI Worcester County (P. O. Bond Offering—E. C. Rockation, will receive sealed bids until April 13 for the purchase of $83,Worcester), Mass. 8 p.m. (EST) on April 18 for the fellow, District Clerk, will re¬ 000 public improvement 1950 cou¬ Charleston, Miss. Note Sale—The $500,000 tuberceive sealed bids until 8. p.m purchase of $685,000 # building pon or registered bonds. Dated Bond Sale—The $112,500 special c u I o s i s hospital maintenance coupon bonds, divided as follows: (EST) on April 20 for the pur¬ improvement bonds offered April chase of $240,000 school coupon April 1, 1950. Denomination $1,notes offered April 4 were were 000. Due on April 1 from 1951 to $525,000 Series 1 bonds. Due on 4—v. 171, p. 1189—were awarded awarded to the Merchants Nation¬ or registered bonds. Dated Dec. 1959 inclusive. Principal and in¬ Nov. 1 from 1951 to 1964 in¬ to Leftwich & Ross, of Memphis, al Bank, of Boston, at 0.74% dis¬ 1, 1949. Denomination $1,000. terest ; (A-O) clusive. • 1 , payable at the as 2s, at a price of 100.22. The count. Due on April 4, 1951. 160,000 Series 2 bonds. Dtie on second highest bidder was Union Due on Dec. 1 from 1950 to 1970 Chemical Bank & Trust Co., New inclusive. Principal and interest York MICHIGAN Nov. 1 from 1956 to 1964 in¬ City. Legality approved by Planters National Bank & Trust (J-D) payable at the Hunterdon Vandewater, Sykes, Heckler & clusive. Allen Park, Mich. Co., Memphis, for 2V8S, at a price County National Bank, LambertGalloway, of New York City. Dated May 1, 1950. Denomina¬ of 100.14. Bond Offering—R. Don Pretty, ville. Legality approved by Haw¬ Village Clerk, will receive sealed tion $1,000. Principal and interest Dunkirk, N. Y. J Laurel, Miss. kins, Delafield & Wood, of New bids until 7:30 p.m. (EST) on (M-N) payable at the Manufac¬ Bond Sale—The $275,000 water, York City. Bonds Sold—An issue of $75,000 April 11 for the purchase of turers National Bank, of Detroit. works improvement 1950 bonds improvement bonds has Gloucester City Sewerage $10,000 special assessment district Legality approved by Claude H. street offered April 4—v. 171, p. 1302— been sold to the Equitable Securi¬ Authority, N. J. No. 47 coupon bonds. Dated May Stevens, of Berry, Stevens, Barwere awarded to the Dunkirk ties Corp., as 2s, 1V2S and l%s, at Bond Sale The $1,500,000 1, 1950. Denomination $1,000. Due bier & Evely, of Detroit. Trust Co., of Dunkirk, as 1.40s, a price of on sewer revenue bonds offered at a 100.08. Dated March 1, May 1 from 1951 to 1955 in¬ Meridian Township (P. O. price of 100.05, a basis of 1950. Due from 1951 to 1960 incl. clusive. Principal and interest March 30—v. 171, p. 1302—were about 1.39%. The second high¬ Okemos), Mich. Legality approved by Charles & awarded to a syndicate composed est bidder was Bankers Trust Co., (M-N) payable at the Manufac¬ Bond Offering—C. B. Robinson. turers National Bank of Detroit. Trauernicht, of St. Louis. of Shields & Co., of New York. New York, for l%s, at a price of Clerk, will receive ^Legality approved by Miller, Can- Township Stranahan, Harris & Co., Inc., of 100.35. Rankin County Sch. Dists. (P. O. field, Paddock & Stone, of Detroit. sealed bids until 7:30 (EST) on Toledo, Blair, Rollins & Co., Inc., Brandon), Miss. April 17 for the purchase of $170,Dunkirk Union Free Sch. Dist. C. C. Collings & Co., Inc., of V Baraga County (P. O. Bonds Sold Bonds in the 000 water supply system ®No. 1 (Constituting the City School Philadelphia, Julius A. Rippel, L'Anse), Mich. revenue coupon bonds. Dated amount of $120,000 have been sold District of the City of Inc., of Newark, and Schmidt, Bond Offering — Francis Kotila, to Kingsbury & Alvis, of Jackson, April 1, 1950. Denomination $1,Dunkirk), N. Y. Poole & Co., of Philadelphia, at County Clerk, will receive sealed 000. Due April 1 from 1955 to as 2%s and 2V4S, as follows: Bond Offering Frank May,. a price of 100.006, a basis of about bids until 11 a.m. (EST) on April 1977 inclusive. Principal and in¬ District Secretary, will receive: $80,000 Pearl Con. School Dis¬ 2.68%, as follows: .11 for the purchase of $200,000 terest (A-O) payable at the De¬ sealed bids until 3 p.m. (EST) dm trict bonds. ' memorial hospital coupon bonds. $1,000,000 Series S bonds: $160,000 troit Trust Co., Detroit. Legality April 19 for the purchase of $550,— 40,000 Richland Con. School Dated May 1, 1950. Denomination •as 314s, due' on March 1 approved by Claude H. Stevens, of District bonds. 000 school coupon or registered5 from 1953 to 1962 inclusive; $1,000. Due on May 1 from 1951 to Berry, Stevens, Barbier & Evely, bonds. Dated May 1, 1950. De¬ Dated April 1, 1950. Legality 1958 inclusive. Principal and in¬ $200,000 as 2.60s, due on nomination of Detroit. $1,000. Due 011 Nov. I terest (M-N) payable at the Coun¬ approved by Charles & Trauer¬ March 1 from -1963 to 1971 from 1950 to 1979 inclusive. Prin¬ -■ ty Treasurer's office. Legality ap¬ Milford Twp. Frac. Huron Valley nicht, of St. Louis, I inclusive, and $640,000 as cipal and interest (M-N) payable School District No. 4 (P. O. proved by Miller, Canfield, Pad¬ 2%s, due on March 1 from Yazoo County (P. O. at the District Treasurer's office. Milford), Mich. dock & Stone, of Detroit. 1972 to 1990 inclusive. Yazoo City), Miss. Legality approved by Reed, Hoyt Note Offering H. O. Hansen. 500,000 Series T bonds, as 2.60s. Btiena Vista Twp. Sch. Dist. No. 1 & Washburn, of New York City. : Bonds Sold—An issue of $150,Superintendent of Schools, will The second highest bidder was (P. O. 1635 Mack Road, 000 hospital bonds offered has Geneseo, Groveland, Sparta and receive sealed bids until 7:30 p.m. Saginaw), Mich. & Co., Paine, Webber,. been sold to the Delta National Stroud v West Sparta Central Sch. Dist. ;Bond Sale—The $170,000 build¬ (EST) on April 13 for the pur¬ Bank and the Bank of Yazoo City, Jackson & Curtis, Tripp & Co., chase of $44,146 tax anticipation V No. 1 (P.O. Geneseo), N. Y. ing bonds offered April 3—v. 171, both of Yazoo City, jointly, as Campbell & Co., and F. R. Cole Bond Sale—$223,000 school 1950 notes. Dated April 1; 1950. Due p. 1397—were awarded to StranaIV4S and IV2S. Dated March 1, & Co., jointly, for 4s, 2.30s, 2%s bonds .coffered on Aoril 6 were April 1, 1951. Principal and ban. Harris & Co., Inc., of Toledo, 1950. Legality approved by and 2.90s. at a price of par, a awarded to Geo. B. Gibbons & interest payable qt the Oakland sit a price of 100.0005, a basis of 4 Charles & Truernicht, of St. Louis. basis of about 2.87 %. County State Bank, Milford. 3ibotit 2.6%, as follows: $50,000 and $25,Nov. 6, 1950. Legality Denominations nomination $1,000. from 1953 to, 1976 • , > — - — i — - — . Salina Co., Inc., Chas. E. Weigold & Co., of New York, and Sage, both Rutty & Co., of Rochester, jointly, II2S, as at price a of 100.23, a .basis of about 1.47%. Bonds 1, 1950. Denomination $1,000. Due on Oct. 1950 from 1 1968 to inclusive Principal and interest (A-O) pay¬ able at the Geneseo Valley Na¬ tional Bank & Trust Co., Geneseo. Legality approved by Vandewater, Heckler Sykes, York New Galloway, & (F. O. Liverpool), N. and district improvement April 5—v. 171, 1398—were awarded to Halsey, sewer Stuart of & Co., 1.70s, at as 100.87, a basis of about 1.607o. The second highest Sch. Dist. No. Shelter 1 (F. O. (P. O. Shelter Island), N. Y. No. 1 ing 1950 bonds offered April 5— 171, p. 1398—were awarded to v. awarded to Cross, and Tilney & Co., both of New York, jointly, as 1.80s, at a price of 100.32, a 171, 1190—were p. Weigold & Co., and Geo. & Co., Inc., both of York, jointly, as 1.70s, at a price 100.79, of basis of about a 1.61%. (F. O. 2505, Ridgeroad West, Rochester), N. Y. Bond Offering — Gordon Asheboro, N. C. The $100,000 street Sale Bond of chase A. 60,000 registered bonds. or coupon 13/4S. Due as 1957 Franklin Bond payable at the Co., of Rochester. Legality approved by Vande water, Heckler Sykes. Galloway, & of York City. North Harmony, Sher¬ Clymar Central Harmony, and man Dist. No. Sch. (F. O. 1 Y, Panama), N. Bond Sale Sch. Dist., Ohio Offering—Sealed bids will be received at office of Ernest Leet, due 171, p. 990—were awarded to Otis & Co., of Cleveland, as 2V2S, 225,000 at price a of 100.94, basis a on Barcus, Granville Sch. Local (CST) 10 for the purchase of $1,800,000 water and sewerage utility revenue coupon bonds. Dated April 1, 1950. Due on July 1 from 1953 inclusive. 1975 to Principal and interest payable at any suitable banking institution in the United States designated by the purchaser. Legality approved tion Macedon, Twp. Local Sch. til 8 $1,000. 1951 Y. $7,500 N. The — to Due 1960 Oct. on inclusive. from 1 Clerk will Claire Huma- ledo, a 2V4S, at as basis of about 2.06%. ond highest bidder White & Co., for The a highest Marine Trust Co., Buf¬ bidder was falo, for 1.70s, at a price of 100.05. Marcellus, N. Y. Offering Wood- bridge, Village Treasurer, will re¬ ceive sealed bids until 3 p.m. Grace — Smith, Brilliant Local Sch. Dist., Bond Offering—W. Ohio Due Oct. on inclusive. 1 from Principal 1989 1951 to and interest (EST) chase on of by Vandewater, Sykes, 320.000 approved City. Offering—Thomas F. Far- Note Chairman, will rell, until the noon (EST) on receive bids April 12 for purchase of $21,370,000 Issue Dated May 10, 1950. on Nov. 10, 1950. Legality as pur¬ unlimited tax follows: building bonds. Due on Sept. 1 from 1951 to 1972 incl. building bonds. Due on approved Trimble & by Caldwell, Marshall, Mitchell* of New York March ination $1,000. terest (M-S) Brilliant 1, 1950. Principal payable Bank and Savings Rosendale, Ti.lson Fire Dist. (F. O. Tillson), N. Y. Bond Offering District Zimmer, receive (EST) sealed on — bids April chase of $13,000 Christian Treasurer, until 2 L. will p.m. 15 for the pur¬ construction cou¬ registered bonds. Dated April 1, 1950. Denomination $Lpon or 300. Due 1960 terest trict April I from 1951 to Principal and in¬ (A-O) payable at the Dis¬ office. Legality Secretary's approved of on inclusive. by Lloyd E. Le Fever, Kingston. Sutherland price of 100.29. Clerk Zanesville Local Sch. Dist., Offering — of the Board Ruth : Daum, received 8 p.m. (CST) on April 11 for the purchase of $23,000 building and equipment bonds. Due from 1952 1955 to inclusive. Co., Legality approved by Sanders & Dempsey, of Cleveland. Zanesville. Wabash Sale bonds offered — The April cantile-Commerce $512,811.31 6—v. 171, Bank & p. County lndep. Sch. Dist. 26 (P. O. Weatherford), No. bonds offered March 31—v. 1191—were awarded to the Osgood State Bank, of Osgood, as 2s. at a price of 100.22, a basis of follows: $96,811.31 street improvement, Se¬ ries No. 218 bonds, as l%s. 310.000 water works enlargement fund.No, 11 bonds, as l34s. 106,000 lire department motor driven apparatus fund No. 8 as p. about 12 for the purchase of $91,000 school build¬ ing bonds.. - .r-'/ . Erick, Bond Sale V/zS. The second highest bidder was Raffensperger, Hughes & Co., and Bond Bond Offering Clerk the of Dist., Ohio Offering—Eunice Earhart, Clerk of Board the of Education, park , Garvin Bond Offering will receive of sealed Carder, Education, bids ■ until 7:30 p.m. (CST) on April 10 for purchase of $33,000 building and repair bonds. Due from 1952 the inclusive. 1962 to Harper County District No. ination $1,000. 1951 to Due on Bond Clerk Dependent 5 (CST) on April 12 for the purchase of $10,000 building and Roger Mills County Independent School District No. 7 (P. O. 1 Bond Offering — Wayland Adams, Superintendent of Schools, will receive sealed bids until (CST) p.m. receive No. Bond Sale — April 3—v. 171, p. 1303—were awarded to the Harris Trust & Savings Bank, of Weaver, bids until April 11 for the building $45,000 ~ (P. O. receive ; .. •; County Independent Hobart), p.m. (CST) — Bond Offering—J. will receive p.m. (CST) Fiore p.m. sealed on of Education, bids April 11 until for 8 the 1952 to Columbia County lndep. Sch. Dist. (P. O. Wis'er), Okla. Offering — W. F. Hunt, of the Board of Education, receive sealed bids until 7:30 (CST) of April 11 for the $18,000 building on Due from 1952 to 1960 in¬ Oklahoma County Bond Jones), Okla. Sale—The $39,000 _ build¬ ing bonds offered April 3—v. 171, 3399—were awarded to Calvert of Oklahoma City, at & Canfield, price of 100.01, a basis cf about 1.78%, for 2 the ■ Columbia City), Ore. Sale—The $13,000 school bonds offered April 3—v. 171, p. 1303—were N. a awarded to the Chas. Tripp Co., of Portland, as 2s. price of 100.25, a basis of about 1.95%. bidder The second highest United States National was Bank, Portland, price of 100.45. for ville, 21/2S, at a < Corvallis, Bond Ore. Offering—George SimerRecorder, will receive City bids until 7:30 p.m. (PST) April 17 for the purchase of $46,056.94 Bancroft Improvement bonds. cept to Denomination $1,000, ex¬ for $56.94. Due from 1951 inclusive. one 1960 Principal and interest payable at the City Treas¬ urer's office. Legality approved by McCulloch, Shuler & Winfree, Sayre, of Portland. Hood River, Sale—The 171, Ore. / $10,957.40 im¬ bonds offered provement April 3 991—were awarded to the First National Bank, of Port¬ —v. p. land, as 2s, at price of 100.42, a a basis of about 1.92%. highest bidder The second City Water Department, for 2s, at a price of was County Sch. Dist. No. 4 O. Eugene), Ore. Bond as follows: Offering—Clarence Hines, District Clerk, will receive sealed bids until 21 for the 2 p.m. (PST) from April on purchase of $1,000,000 school bonds. 1952 Dated June to Due 1970 1, 1950. June on inclusive. Principal and interest (J-D) pay¬ able at the County Treasurer's of¬ fice, or at the fiscal agency of the State in New York City, at the option of the purchaser. Lane County Sch. Dist. No. 32 O. Mapleton), Ore. Warrant Offering — Alice W.» Peckham, District Clerk, will re¬ (P. ceive Dependent School District No. 74 (P. O. a until 12 County Sch. Dist. No. 11 O. Denomination $1,000. clusive. p. bids April OREGON Lane 49 Bond sealed on Due from 1953 to 1955 inclusive. 1 will Darden, Education, purchase of $9 000 building bonds. Okla. 1967 inclusive. Clerk p. Clerk of the Board of Beatrice Rhea, furniture bonds. Due from No. O. par. purchase of $185,000 building and Le the (P. Offering will Dec. 1 from The $1,050,000 ex¬ bonds offered on of the Board Clerk 7:30 for Sharon), Okla. County lndep. Sch. Dist. 1 11 School District No. 4 (P. Bond Due from 1952 to 1958 in¬ clusive. OKLAHOMA Bond sealed (CST) purchase of Kiowa April on Woodward School of Education, Board p.m. bonds. t Cheyenne), Okla. (P. O. Selman), Offering—Mark of the will 1973 inclusive. Inter. J-D. Ardmore, Ohio. Education, furniture bonds. Due from 1954 to 1958 inclusive. Oklahoma bonds. Aoril of p.m. on Earl — of the Board Clerk 15 for the pur¬ chase of $85,000 school addition bonds. Dated Dec. 1, 1949. Denom¬ on Ellen Graham, sealed County lndep. Sch. Dist. O. Paoli), Okla. No. 5 (P. purchase (EST) — Board will receive sealed bids until 7:30 at Okla. The $24,000 — Wichita, and the R. J. Ed¬ Inc., of Oklahoma City, jointly, at a price of 10Q.06. / will receive sealed bids until noon tension Osage County lndep. Sch. Dist. No. 29 (P. O. Barnsdall), Okla. " wards, Bond Local Sch. Holmes, 1954. (P. be received until April 1.97%. West Union K. the (CST) on April 12 for the purchase of $10,000 repair and im¬ provement bonds. Due in 1953 and Oklahoma Bond Offering—Sealed bids will Mer¬ Trust Co., of St. Louis, Kean, Taylor & Co., and Laidlaw & Co., both of New York, jointly, at a price of 100 50, a basis of about 1.62%, as bonds, (P. O. North Star), Ohio Sale—The $22,000 build¬ Bond ing Columbus, Ohio Bond Township Local Sch. Dist. of p.m. ' on izens National Bank of 171, Offering—M. of Custer of Education, April 26 for the pur¬ chase of $65,000 school bonds. Dated May 1, 1950. Denomination $1,000. Due on Oct. 1 from 1951 to 1975 inclusive. Principal and interest (A-O) payable at the Cit¬ (EST) bid cost Board of Education, will receive sealed bids until 2:30 Offering—Ruth Williams, will receive sealed bids until noon Brilliant. Squire, 1190—were awarded to the City. bidder was Ryan, & Co., for l%s, at a Legality approved by Graham. Graham, Hollingsworth & Gottlieb, Denom¬ of Zanesville, and Squire, Sanders and in¬ & Dempsey, of Cleveland. at the XLVI notes. Due sec¬ was a ^ Clerk lndep. Sch. Dist. (P. O. Sayre), Okla. of the Board of Education, sealed bids until will Sept. 1 from 1951 to 1973 incl. Dated York City Housing Authority, New York H New noon 20 for the $865,000 $545,000 Heckler & Galloway, of New York April bonds, divided payable at the First Na¬ tional Bank, Marcellus. Legality (A-O) The highest Bond H. will receive sealed bids until or pon 1.60%. about on purchase of $40,000 school bonds. Ohio registered bonds. Dated April 1, 1950. Denomination $500. 11 of Co, interest net a sas, South Lewis, Clerk of the Board of Education, April on 1952 to 1970 in¬ to the First Securities Co. of Kan¬ purchase of $20,000 im¬ provement notes. for the purchase of $45,000 water 1950 cou¬ (EST) ond 2 A. J. 100.07. basis Village Clerk, will receive sealed bids until 10 a.m. (CST) on April 20 for the Bond Offering—James F. : Note f until price of Principal Ohio Brewster, bids improvement bonds offered April 4—v. 171, p. 1399—were awarded was 2V4S, at sec¬ 31 Bond ; price of 101.07, a Bond Osage County Dependent Sch. Dist. No. 73 (P. O. Hominy), Okla. ' as p. sealed ■ No. i 1191—were awarded to Ryan, Sutherland & Co., of To¬ 171, highest bidder Piersol t Beckham County Michigan 2s, at a price of 101.33, a basis of about 1.81 %. The second highest bidder was Braun, Bosworth & Co., Inc., for —v. — Due from clusive. First of Corp., of Detroit, second April 15 inclusive/ on 1961 about 1.78%. A. Helmuth, the Board of Education, receive bonds. Dist., Ohio Bond Sale—The $252,000 build¬ ing bonds offered April 4 were awarded to the Offering (CST) on April 11 for the purchase of $27,500 building Sch. Local County Dependent School No. 144 (P. O. Beaver), Okla. of Clerk Newark about 1.78%. p.m. tion bonds. Dated May 1, 1950. Denominatoin $1,000. Due on Nov. 1 1951 to 1970 inclusive. Due District Dist. — of about 1.59%. The second a Beaver p.m. from Co., Oklahoma City, bid reflecting a net interest cost of R. D. 5, Warren), Ohio — on Bond fire and interest (A-O) payable at the Prospect Local Sch. Dist., Ohio Bond Sale The $41,000 im¬ house building 1950 bonds offered Lorain County Savings & Trust April 3 — v. 171, p. 1398 — were Co., Elyria. Legality approved by provement bonds ottered April 1 —v. awarded to tbe Manufacturers and 171, p. 1303—were awarded Squire, Sanders & Dempsey, of to J. A. White & Co., of Cincinnati, Traders Trust Co., of Buffalo, as Cleveland. as 1.60s, at a price of 100.003, a basis 13/4S, at a price of 100.65, a Sale on basis of about 2.01%. Howland E. April 15 on 1958 inclusive. 1959 to reflecting $45,000 as 2s, April 15 from 1967 to Bank & Trust Dist., Ohio (EST) on April 18 for sealed the purchase of $580,000 construc¬ bids until 8 p.m. oral April on E. The J. Due to l34s. as from April 15 on and Dated April 15, 1950. The second highest bidder was First National bonds. Clerk of the Board of Educa¬ tion, will receive sealed bids un¬ and bard, Clerk - Treasurer of the Board of Education, will receive interest (M-N) payable at the Bank of Jamestown, Jamestown. sealed bids until 7 p.m. (EST) on Legality approved by Vandewater, April 26 for the purchase of $65,000 building, unlimited tax bonds. Sykes. Heckler & Galloway, of Dated April 1, 1950. Denomina¬ New York City. J* Bond inclusive improvement, Special Assessment Bond Offering Auditor, will receive City and due 1955 51 1954 inclusive. to IV2S. as 11,000 Due 1952 from 1969 inclusive. inclusive. Offering—R. as on April 15 in 1952 1953; $108,000 as 1Y2S, due April 15 from 1954 to 1962 inclusive; $48,000 as l%s, due on April 15 from 1963 to 1966 son, Bond $24,000 and due May 1 from Principal inclusive. 1970 to 4s, of Fremont, Ohio Bond Offering — Fred Peltier, ■ 16,00Q Bond bonds: sewer on a N. Dak. Minot, as 2s, April 15 from 1967 to on 2%s. as from 1969 inclusive. about 2.41 %. Jamestown Bldg., by Dorsey, Colman, Barker, Scott Jamestown, until 3 p.m. (EST) on & Barber, of Minneapolis. April 12 for the purchase of 2s, at a price of 100.91. $175,000 building and equipment OHIO Ohio City, Ohio 1950 coupon or registered bonds. Avon Local Sch. Dist., Ohio Bond Sale—The $25,000 street Dated May 1, 1950. Denomination Bond Offering — Eugene Hub¬ resurfacing bonds offered April 1 $1,000. Due on May 1 from 1951 Hotel -£12 inclusive, and $105,000 The $40,000 con¬ — as 13/4S, due April 15 from 1963 to 1966 on bonds Offered April 4— NORTH DAKOTA y (J-D) Trust basis of a inclusive; $192,000 Local (P. O. $1,000. Due on June 1 from 1951 1977 inclusive. Principal and Union 1962 to to interest price of 106.22, a $12,000 bonds: water $96,000 as 4s, due on April 15 in 1952 and 1953; $432,000 as l%s, due 011 April 15 from 1954 to 1962 about 2.08%. 1, 1949. Denomination Dec. Dated New — 1956 inclusive. 1953 to improvement $242,000 $825,000 to 4—v, 171, p. 1398—were awarded Bond Sale—The $240,000 build¬ the Equitable Securities Corp., ing bonds offered April 3—v. 171, at a price of 100.09, a basis of p. 1190—were awarded to the First about 1.68%, as follows: of Michigan Corporation, of De¬ $40,000 as IV2S. Due on May 1 from troit, as 2V4S, at a price of 102.18, April 12 for the pur¬ on awarded were — to Howe, Town Supervisor, will re¬ ceive sealed bids until .3 p.m. (EST) 1190 the Citizens Bank of De Graff, as 4s, at improvement bonds offered April Greece 1950 171, p. chase of $27,000 sewer and street CAROLINA NORTH Gibbons B. fire City Auditor, will receive sealed bids until April 22 for the pur¬ basis of about 1.76%. Chas. E. New. $7,500 v. 31—v. March The — (1507) Chicago, Commerce Trust Co., and the City National Bank & Trust Co., both of Kansas City, jointly, on a bid reflecting a net interest cost of about 1.77%, as follows: Graff, Ohio Sale struction $350,000 school offered bonds CHRONICLE Roosevelt & Sale—The $290,000 build¬ Bond was FINANCIAL truck bonds offered March 28—v. Union Free School Island District 1950 llion), N. Y. Box 417, De Bond , of Free bidder Blair, Rollins & Co., Inc., for 1.70s, at a price of 100.17. Bond Sale—The Union Flatts price a & Maynard H. Murch & Co., jointly, for l34s, at a price of 101.04., - 1950 bonds offered City. German Y. Sale—The $190,000 water Bond p. April dated are COMMERCIAL THE Number 4897 171 -Volume (PST) sealed , bids until 8 p.m. April 17 for the pur¬ chase of $20,000 warrants. Dated on May 1, 1950. Denomination $1,000. on May 1 from 1952 to 1955 Due inclusive.. Principal and interest payable at the County Treasurer's office, or at the fiscal agency of the State, in New York City. 52 PENNSYLVANIA Allegheny Bonds Sold—An issue of Pittsburgh), Pa. school receive will Controller, sealed bids until 11 a.m. (EST) on April 25 :$7,700,000 for purchase of divided the to C. Co., of Japkson, as 4s Dated March 1, 1950. Legality ap¬ proved by Charles & Trauernicht, of St. Louis. Carter 420,000 park, Series 19 bonds. bonds. 1, April approved Denomination $1,000. Due on 1950. April ;1 from 1951 to 1980 inclusive. Le¬ Burgwin, by gality approved Churchill, Ruffin Hazlett, & of school April 3 were award¬ syndicate composed of the Cumberland Securities Corp., of Nashville, Barcus, Kindred & Co., of Chicago, C. H. Little & Co., of Jackson, Davidson & Co., of Knoxville, W. N. Estes & Co., of Nash¬ ville, and Fisher Hawes & Co., of Knoxville, at a price of par, a a basis of about Pittsburgh. $277,000 O. (P. Ebensburg), Pa. County Tenn. from 327,000 2.78%, 2y2s. as 1951 to 23/4s. as follows: as Due on Feb. 1 1959 inclusive. Due on Feb. 1 Bond Sale The $311,000 re¬ from 1960 to 1967 inclusive. funding bonds offered April 4— 146,000 as 3s. Due on Feb. 1 from rv. 171, p. 1303—were awarded to 1968 to 1970 inclusive. Blair, Rollins & Co., Inc., Butcher The second highest bidder was & Sherrerd, and Janney & Co., Seasongood & Mayer, and Associ¬ both of Philadelphia, jointly, as ates, on a bid reflecting a net in¬ l%s, at a price of 100.13, a basis terest cost of about 2.79%. of about 1.47 %l The second high¬ Cheatham County (P. O. est bidder was Stroud & Co., Ashland City), Tenn. Schmidt, Poole & Co., Johnson & Bond Sale—The $65,000 school Johnson, , and Dolphin & Co., Jointly, for IMjs, at a price of bonds offered April 5—v. 171, p. — 100.11. :• ft * * ■ . Bond -"T:y/ I 1090—were awarded to the Equit¬ -l Pittsburgh, Offering able Securities Pa. flecting Edward — R. Frey, City Controller, will receive sealed bids until May 16 for the purchase of $5,520,000 bonds. West Chester, I.30%. Temple was Corp., on a Nashville, on re¬ Securities a bid Corp., reflecting a net interest cost of about Pa. bid net interest cost of about The second highest bidder a 1.40%. Madison County (P. O. ; .Bond Offering — John S. Groff, Jackson), Tenn. Bond Offering—August Wilde, Borough Secretary, will receive sealed bids until 7 p.m. (EST) on County Judge, will sell at public April 12 for the purchase of $675,- auction at 2 p.m. (CST) on April 000 water .and, sewer coupon 25 an issue of $100,000 hospital bonds. Dated April 15, 1950. De¬ bonds, s Dated April 1, 1950. De¬ nomination $1,000. Due on April nomination $1,000. Due on April 1 15 from 1951 to 1977 inclusive. Le¬ gality approved by Townsend, El¬ liott & Munson, of Philadelphia. West Mifflin, Pa. Bond Sale—The $250,000 gen¬ obligation bonds offered April from 1952 to 1962 inclusive. Prin¬ cipal and interest at the Chemical Bank & Trust Co., New York City. Legality approved by Chapman & Cutler, of Chicago. Perry County (P. O. Linden), Tenn. Bond Offering—L. B. Duncan, to Stroud & Co., of Philadelphia, County Judge, will receive sealed as l%s, at a price of 100.07, a bids until 11 a.m. (CST) on April basis of about 1.74%. The second 25 for thepurchase of $100,000 highest bidder was Halsey, Stuart school bonds. Dated April 1, 1950. & Co., for l%s, at a price of 100.90. eral 4—v. 171, p. 1303—were awarded Due RHODE offered — March The 31 1 from 1963 to 1969 Legality approved by Chapman & Cutler, of Chicago. Washington County (P. O. $250,000 notes , awarded were Oct. Jonesboro), Tenn. Bond Sale Details—The Diet, No. 1 (P. O* <, : . Sale—The $700,000 school Bond offered bonds 1 from 1951 April 3—v. were awarded to follows: follows: — The $300,000 offered March road 31—v. on * as 4s. Due on April 1 from 1951 to 1954 inclusive. the to bonds has Central been sold Investment Com¬ pany of Texas, of San Antonio, as 2^s, 4JAs and 5s, at a price of par. 15, 1950. Legality ap¬ proved by Dumas, Huguenin & Boothman, of Dallas. Dated Feb. Nacogdoches, Bonds 140,000 as l%s. Due on April 1 .from 1955 to 1958 inclusive. Corp., of 100,000 as l%s. Due on April 1 from 1959 to 1962 inclusive. "The second highest bidder was R. S. Dickson & Co., and Hamilton & Co., jointly, for 6s, iy4S, iy2s and 13/4s, at a price of a Iva, S. C. Sold—An ___ water works issue of net interest cost of about and $140,- sewerage bonds has been sold to E. H. Prin- Sierra Blanco Indep. Sch. Dist., Texas $2,000 23/4s. Due as March on 15 from 1951 to 1970 inclusive. 58,000 3V4s. Due as on March 15 on from 1971 to 1979 inclusive. from 225,000 1951 Dated to 1964 2V2s. as from 1965 to Due April"l, 1950. County (P. Jr., County sealed bids as IV2S. Due & flecting Judge until 10 highest bidder was Marshall, on a bid re¬ a net interest cost of March 10 from interest on on or 1953 any to able at the Dated State 4 : ac¬ interest after March 10, Principal and interest fice. 1968 pay¬ Treasurer's of¬ ' VERMONT Vermont (State of) Bond Sale—The $4,334,000 bonds offered March 31—v. 171, p. 1304 were awarded to a syndicate hospital bonds pur¬ Madison, and Mullaney, Wells & Co., of Chicago, jointly, as 2s, as previously noted in v. 171, p. 1400, were sold at a price of 100.20, basis of about 1.99%. a WYOMING Crook ^ County, 000 school bonds. ) 950, Denomination $1,000. Due Sch. Dist. Angeles), Washington ■ " S. Bugge, Offering—Jens County Treasurer, sealed bids until 11 will receive (PST) a.m. on Cowlitz County, Longview School District No. 122 (P .O. * Longview), Wash. Bond Offering—Gertrude County ers, ceive sealed (PST) on will Treasurer, bids until 1:30 Principal and interest (J-J) able at the **5 witz, of Seattle. ... Bond > will of the receive (MST) of Trustees, bids until 2 $1,000. Due 1960 on on Jan. 1 from 1951 to inclusive. Principal and in¬ terest (J-J) payable at the County Treasurer's office. Legality ap¬ proved by Tallmadge & Tall- madge, of Denver. County Sch. Dist. No. 4 O. Sheridan), Wyo. Bond Offering — Joseph H. (P. Adams,, Clerk, of the Board of Trustees, will receive sealed bids 4 awarded to Glore, Forgan & Co., Chicago, and Kalman & Co., of St. Paul, jointly, as l%s, at a price of 100.08, a basis of about 1.74%. of second until 7:30 nomination est of Denver. Due on Jan. 1 - CANADA QUEBEC St. Laurent Sale—The $2,000,000 Charleston, and Thomas & Co., of Pittsburgh, at a price of 100.04, a basis of about 1.50%, as follows: $500. J-J. Legality approved by Pershing, Bosworth, Dick & Daw¬ son, Catholic School Commission, Que. bonds offered Gibbons & Co., Inc., of New York, A. E. Masten & Co., of Pittsburgh, National Bank of Commerce, of May 2 ing bonds. Dated June 1, 1950. De¬ Virginia (State of) Phelps, Fenn & Co., of New York, Blair, Rollins & Co., Inc., Geo. B. on from 1951 to 1966 inclusive. Inter¬ r road April 4—v. 171, p. 1400-^-were awarded to a syndicate composed of Halsey, Stuart & Co., (MST) p.m. for the purchase of $67,000 build¬ WEST VIRGINIA Bond Board sealed May 2 for the pur¬ chase of $250,000 building bonds. Dated Jan. 1, 1950. Denomination p.m. Dist. Sale—The $600,000 school March 30 were offered West '• Sheridan County Sch. of about 1.80%. ' < Clerk No. 7 (P. O. Yakima), Wash. .* bonds w -• - ' Yakima .v County Sch. Dist. No. I ; (P. O. Cheyenne), Wyo. : Bond Offering — L. M. Baggs, p.m. high school con¬ struction bonds. Dated ' May 1, 1950. '"Denomination $1,000. -Due on May 1 from 1951 to 1960 in¬ clusive. Principal and .interest (M-N) payable at the County Treasurer's office, or at the office of the fiscal agency of the State, in New York City, at the option of the holder. Legality approved by Preston, Thorgrimson & Horo¬ 3\'" Laramie * re¬ April 25 for the pur¬ pay¬ County Treasurer's of¬ /. Riv¬ chase of $690,000 on Jan. 1 from 1951 to 1965 inclusive. fice. Stein, and Peters, Writer & Christensen, jointly, for 3s, lV2s, IV4S and 2s, at a price of 100.01, a basis receive Wisy April 24 for the purchase of $38,- Clallam County, Sequim highest bidder was John Nuveen & Co., Bramhall & a.m. Springs, Details—The $20,000 County High Sch. Dist. No. 1 (P. O. Sundance), Wyo. Bond Offering—Willet Keyser, Secretary of the Board of School Trustees, will receive sealed bids until 8 p.m. (MST) on April 21 for the purchase of $30,000 improve¬ ment coupon bonds. Dated Jan. 1, Moore, will Sale chased by Harley, Haydon & Co., May 1 in on » of May 1 The second Foster The (CST) on April 12 for the purchase of $625,000 road, Series of 1950 bonds. Dated April 10, 1950. Due crued on O. Offering—Irving ; 1974 and 1975. April 1 1970 inclusive. Legality by Chapman & Cutler, Chicago. of 1 "from 1965 to 1973 inclusive. 34,000 inclusive. on approved Aug. 1 from 1951 to 1979 inclusive. & Co., of Charleston, and McAlister, Smith & Pate, of Green¬ Legality approved by Chapman & Cutler, of Chicago. ville, jointly, at a price of par. : Dated March 15, 1950. Denomi¬ nations $1,000 and $100. All of 1959. bonds. on Due Bond Rauscher, Pierce & Co., of San Antonio, at a price of par, a basis of about 3.24%, as follows: paying date 1950 May 1 from Due 21/4s. as to inclusive. Optional at par and 1950. Due Bond memorial No. 323 (P. O. Port ries 1950 bonds. Dated April 1, 1950. Due on April 1 from 1, 2s. inclusive. Bonds Sold—An issue of $60,000 school house bonds has been sold $150,000 street improvement, Se¬ Series 130,000 Willow on 1956 about 2.15%. on Feb. as May Due to ,,, lows: 100,000 water works and sani¬ tary sewer system revenue, 1952 1957 to 1964 inclusive. Antonio, and "the Bank, of Na¬ cogdoches, jointly, on a bid re¬ 1951 to 1970 inclusive. 100.04, a basis of about 1.82%. 89,000 San 2.33%. IV2S. as from Stone Fort National flecting on a $47,000 Texas of $200,000 street improvement bonds has been sold to the First of Texas Bond O'Neal, Acting City Manager, will receive sealed bids until 7:30 p.m. (CST) on April 19 for the purchase of $250,000 bonds, divided as fol¬ Blyth & Co., of Port-1' inclusive. Principal and interest bid reflecting a net in¬ (A-O) payable at the City Treas¬ Legality approved terest cost of about 2.11%, as fol¬ urer's office. by Chapman & Cutler, of Chicago. lows: land, Sold—An issue Wharton Bellaire, Texas Offering—J. H. pay¬ able at the First National Bank of awarded to . Wharton), Texas Bond 31 second tem revenue TEXAS $60,000 March offered Barron. > Legality approved by highest bidder was tle, on a bid- reflecting a net in¬ Chapman & Cutler, of Chicago. V Rauscher, Pierce & Co., Russ & terest cost of about 1.92%, for Viroqua, Wis. * Co., Wheelock & Cummins, and F. $234,000 as 2s, and $66,000 as l%s, Bond Offering — Lucy VandeBert Smith & Co., jointly, for l%s, as previously noted in v. 171, p. veer, City Clerk, will receive 2V2s and 2%s, at a price of par, a 1400, were sold at a price of 100.07. sealed bids until 7:30 p.m. (CST) basis of about 2.56%. on April 25 for the purchase of Centralia, Wash. Bond Sale—The $300,000 water $60,000 Mercedes, Texas hospital bonds. Dated Bonds Sold—An issue of $457,- and sewer revenue bonds offered April 1,1950. Denomination $1,000. 000 water works and sewer sys¬ April 4 — v. 171, p. 1304 — were Due on April 1 from 1951 to 1960 The sealed bids until 11 a.m. (CST) April 24 for the purchase of 171, p. 1192—were awarded to the $120,000 court house bonds. Dated Interstate Securities Corp., of Jan. 1, 1950. Due on Jan. 1 from Legality Charlotte, and E. H. Pringle & Co., 1952 to 1968 inclusive. Of Charleston, jointly, at a price of approved by Chapman & Cutler, 100.08, a basis of about 1.78%, as of Chicago. Sale bonds bonds Principal and interest (M-N) Bond Sale Details—The $300,000 school bonds purchased by the Na¬ tional aBnk of Commerce, of Seat¬ < Bond school M. Hamilton, to 1970 inclusive. Le¬ 000 school bonds 1950 Df(|^ing—A. Clerk," will gality approved by Dumas, Hu¬ guenin & Boothman, of Dallas. $1,600,said bonds maturing in 1971 to purchased by the $125,000 purchased by the Provi- Cumberland Securities 1979, are callable on March 15, Corp., of 1970. Principal and interest jdence National Bank, Pro¬ (M-S) Nashville, and Associates, as pre¬ vidence, at 0.74%. payable at the State Treasurer's viously noted in v. 171, p. 1400, office. Legality approved 125,000 purchased by the Rhode were sold at a by Gib¬ price of 100.04, a Island Hospital National Bank, son & Gibson, of Austin. basis of about 1.68%, as follows: at 0.74%. $300,000 as 3s, due on Oct. 1 from West Columbia Indep. Sch. Dist., : Notes are dated March 31, 1950. 1950 to 1955 inclusive; $860,000 Texas Denomination $25,000, $10,000 and as iy2s, due on Oct. 1 from 1956 to Bond Sale—The $255,000 school $5,000. Due on Nov. 3, 1950. Le¬ 1960 inclusive, and $440,000 as aonds offered April 3 were award¬ gality approved by Storey, Thorn- l3/4s, due on Oct. 1 in 1961 and ed to Russ & Co., of San Antonio, * dike, Palmer & Dodge, of Boston. 1962. Moroney, Beissner & Co., and Rotan, Mosle & Moreland, both of Weakley County (P. O. SOUTH CAROLINA Houston, jointly, at a, price of par, Dresden), Tenn. Abbeville County (P. O. Bond Offering — Cayce Pente¬ a basis of about 2.39%, as follows: Abbeville), S. C. cost, County Judge, will receive $300,000 as 2V4s. Due on April 1 aa Bond City receive sealed were awarded to Harriman Ripley bids until 2 p.m. (EST) on April & Co., Inc., and the Channer Se¬ 171, p. 1400 — 24 for the purchase of $425,000 curities Co., of Chicago, jointly, at John Nuveen & Co., Barcus, Kind¬ public improvement coupon bonds. a price of 106.81, a basis of about red & Co., both of Chicago, and Dated May 15, 1950. Denomination 1.85%. The second highest bidder Moroney, Beissner & Co., of Hous¬ $1,000. Due on May 15 from 1951 was Halsey, Stuart & Co., at a ton, jointly, at a price of 100.03, a to 1970 inclusive. Principal and price of 106.10. basis of about 2.48%, as follows: interest (M-N) payable at the City Barron Sch. Dist., Wis. $94,000 as 2%s. Due on May 1 from Treasurer's office. Legality ap¬ Bond Offering—C. C. Morrison, 1951 to 1954 inclusive. proved by Wood, King & Dawson, District Clerk will receive sealed 164,000 as 2*4s. Due on May 1 of New York City. bids until 8 p.m. (CST) on April from 1955 to 1960 inclusive. WASHINGTON 19 for the purchase of $125,000 442,000 as 2V2s. Due on May 1 from 1961 to 1970 inclusive. Benton County Kennewick *> 1 building bonds. Dated May 1, 1950. Denomination $1,000. Due on Bonds are dated May 1, 1950. Sch. Dist. No. 17 (P. O. Denomination $1,000. Due on May May. 1 from 1951 to 1970 inclusive. Prosser), Wash. ' house inclusive, ISLAND Westerly, R. I. Note Sale on Monday, April 10, 1950 composed of Shields & Co., ^East¬ $400,000 as 4s. Due on April 1 from 1951 to 1955 inclusive. man, Dillon & Co., Brown Bro¬ San Antonio), Texas thers, Harriman & Co., all of New 1,120,000 as IV2S. Due on April 1 from 1956 to 1969 inclusive. Bonds Sold—An issue of $90,000 York, Heller, Bruce & Co., of San school house bonds has been sold Francisco, National Bank of Com¬ 480,000 as IV4S. Due on April 1 ; to the Van H. Howard Co., of San rfrom 1970 to 1975 inclusive. merce, of Seattle, A. M. Kidder & Antonio, as 3s and 3*4s, at a price Co., and Good body & Co., both of WISCONSIN of par. Dated Feb. 10, 1950. Legal¬ New York, as 1.10s, at a price of Allouez Sch. Dist. No. 1 (P. O. ity approved by Dumas, Huguenin 100.19, a basis of about 1.06%. & Boothman, of Dallas. 116, West Allouez Avenue, VIRGINIA Green Bay), Wis. Corpus Christi Indep. Sch. Diet., Bond Sale—The $295,000 2Y2% Newport News, Va. Texas bonds offered ed to 2,100,000 peoples road, Series 55-F O. Eliza- (P. County bet hton), Sale—The $750,000 Bond 3,000,000 bridge, Series 38 bonds. Cambria $60,000 sold been bonds, coupon $750,000 road, Series 61 bonds. Dated has H. Little & follows: as bonds CHRONICLE Northside Con. County, Sch. Com. Alamo, Tenn. Bond Offering—James W. Knox County Bexar ,TENNESSEE O. (P. County FINANCIAL & COMMERCIAL THE (1508) Bond bonds Sale—The $325,000 school March 28 were offered awarded to Rene T. of Montreal, at a Leclerc, Inc., price of 99.28, a basis of about 3.45%, as follows: $177,500 from 147,500 as from Dated as 3s. Due on April 1951 to 1960 inclusive. 31/£s. Due on April I 1961 to 1970 inclusive. April 1, 1950. 1 1 •