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MONDAY ISSUE BUS. ADM library Reg. U. S. Pat. Office Volume Number 4895 171 New April York, N. Y., Monday, 3, 1950 Price . Cents 75 Copy a General Corporation and Investment News RAILROAD Acme Steel Co. • Calendar Costs INSURANCE - ——-.4 expenses— — 1948 41,220,553 „ Gross operations Other income and credits "Total Loss income 127,268 ._—— ! — 91,899 Gross 56,308 from Net ry. —V. Page 48,754 from railway railway-—. income oper, 171, and Canadian Adjustment of prior ' income Net Earnings V. — — dividends Cash per income taxes (est.)—2,340,000 tax estimates-——. years ZZ — peid^, $7,311,521 3,476,634 3,973,2.96 $1.91 $3.68 New York New York Curb Exchange nounced The SEC stock March on stock will corporation the on Angeles Exchange— Angeles 21. to when dealing registration end 111., and Shelbyville, Ind.—V. McHenry, ..February— Zz from Gross Net from Net ry. railway.. Jan. 1— Net from Net ry, —V. 2 income 945. p. 2 A Gross from Net ry. $1,271,678 351,374 255,025 120,319 855,083 National 227,334 108,191 The railway- ry. —-V. 650,123 income. 304,630 oper. Redemption Calls and Sinking Fund Notices_41 New Dividend Announcements. -Z_--J-i41 Exchange Rates Banks— Captain N. F. Olivet, USNR, and John P. elected directors,- -V. 171, p. 1. Alfred Y., have been v American Brooklyn, 27 filed a registration statement with the of common stock (par $1). No underwriting The stock is to be offered to eligible employees of the com¬ company March on is involved. and its subsidiaries pany Proceeds of the the of Year Ended Dec. 31— sales The companies are 171, p. 1141. loan business.—V. • American Maize-Products Co. (& • Sales, less Sub.)—^Earnings— 1949 Years— returns, discts., Miscellaneous Total income — ——. income Net shares 168, p. 24,713,652 24,121,596 ———— $752,432 $314,662 -— 300,000 300.000 -—— $2.51 $1.05 outstanding— share common per $25,466,084 $24,436,258 including income taxes—— ——Z—. income Common ..Earnings —V. — expenses, . outstanding from mining, - .... Calendar Years— products sold ... ___. —. . S. and foreign Z-2 Earnings —V. 170, dividends— common per p. $5,574,158 Z_— preferred dividends 4^2% preferred dividends—.... share — — — 4,476,308 $5,602,458 398,220 y 409,033 — 2,449.170 $4.22 —— $4.25 2433. Operating profit J_— on disposal of properties v 1949 $10,032,819 „■ $7,255,892 t$6.261.164 t$4,925,227 . 7,813,691 5,673,011 5,106.449 4,705,575 1,367,607 1.221,145 1,089,941 1,187,228 $901,521 $356,736 $64,774 Crl5,754 23,595 Cr54.217 of sales Net "t Other 3. Prov. profit from opers. expenses, for Fed. (net) inc. taxes , Prior $1,850,749 to 763,762 6,958 taxes 71,044 451,136 484,590 30,000 200,000 Income for $573,915 $953,250 339,775 134,620 and depletion. (Incl. the credit of year y —J. dividends dividends 339,775 67,310 __j._Z: Earnings per common share Income Dividends Common — $0.35 . —__r— $0.91 ' ♦Including inventory write-down to market at end of 1949 of $491,033. —V. 171, p. 2. >. 350.000 150,000 52,500 $66,491 *$423,116 declared shares _ outstdg. Earns, per com. share •Loss, 180.000 40,000 40,000 60.000 400.000 400,600 400.000 400,000 $1.42 $0.46 $0.17 , -(Adjusted for comparative purposes*-—V. 170, p. 2221. \ 11 X =_ ; corporation leading firms specialized in in - , the the printing cotton of processing the . that Z '••••' - . Development Research & " / . Corp.—Further fojr pay the 40,000 services them under Corporation It the Is acquired the stock Bioren & of York business and Co., The business fixtures, ments. its con¬ corporation has share additional shares 300,000 version of 600,000 shares of of 4% 1948, due April 1, 1, class stock A class A (par $10) patent and assets and 1, 1946. accounts stock were convertible cumulative stock common inventions increase funds for certain CAPITALIZATION working capital enterprises in GIVING EFFECT and to the State prin* license agree¬ also issued stock- to interest in to and 17,500 fully non-assessable paid, shares Robert writer its and Visible holder, to Composing FINANCING—About stockholders 2y2 Line the at $2.00 of of record shares the July shares share, per held shares 3,800 50,000 9, of July offered so 1949, basis 8, ► the treasury the on on Machine." corporation stock, of one 1949. and donated new offered by share Stockholders 36,730 shares a stock¬ for were TO NEW make of as these sales. BUSINESS—During the first two years of its operation the corpora-, tion performed development and research work for outside clients in the fields machinery ploitation of new design of as well as work is now development, engaging controlled The corporation is development work ment product inventions no for outside concentrated by in product improvement A stock •Before p. 1141. (voting), (voting), redemption par par development and ex¬ corporation or affiliated longer doing any clients, and the on of projects substantial amount bulk of its associated develop¬ companies Si Louis listed and Unlisted Securities on April 1, Edward D.Jones Outstanding 3M North 4th 200 shs. $50 S10 Z 500,000 shs. 1950 of $424,400 debentures.—V. 171, ... & Co. : . St., St. Louis 2, Missouri Members Hew York Stock Exchange Midwest Stock Exchange CEntrai 7600 Chicago Board of Trade Ben Teletype York Curb Exchange (Associate) and the the Established 1871 175 shs. 200,000 shs." 4% pfd. stock (non-voting 1, par $5. 600,000 shs. 600.000 shs. 10-year 3Tt sink, fund debs., due 1958 $10,000,000 *$6,844,400 Class at time to other purchasers, including directors of the corpora¬ contemplated by the terms of the offering to stockholders. The corporation realized $81,060 therefrom before deducting expenses same tion, FINANCING Authorized stock and "each sold preferred stock obtain to1 subscribed sink- of Israel. the of consisted and (par $5). PROCEEDS—To re¬ Companies, a partner¬ Irving D. Wallach, in by the corporation of acquired so applications, Feb. on cash 1958, at par and at $11 per share. reserved for con¬ all for 8. Wallach for all his right title application upon which has since been issued United States Patent No. 2,398,457—"Visible Line Electric Type¬ common companies. 12 publicly offered $3,250,000 10-year 3e/( Dec. and efforts '* The corporation of best As per formed (excluding & Research ship consisting of Robert S. Wallach and exchange for the issuance of and delivery 180,000 shares of fully paid, non-assessable of Transfer hereby. the cents corporation assets ceivable) of Associated Engineering corporation. their use offered 25 Y, N. corporation agreement. New a of of commission a such shares the and Class A Stock Offered— Cr665,000 $183,141 the has and said of sales tc of Ampal-American Palestine Trading Corp.—Debentures 120,540 $567,275 & sold the $110,000 made in prior years) adjust prov. preferred Common $2,472,646 788,740 other expenses.^— and depreciation income Common Net of one 97,718 — lor available .1 183,923 48,233 $967,576 Cost r $2,191,005 Drl5,319 —;— 1949 in An 1946 1947 1948 is underwriting agreement between Co, the latter have undertaken to agreed 1949 interest and 200,000 shares of Sell., gen. & admin, exps. i' $1,817,835 —,2(net)—-—— • selling, (net) The company on Years End. Dec. 31— sales 1948 $33,326,802 $38,350,803 *31,508,967 36,659,803 — (net)— income tag fund debentures, dated April American Phenolic Corp.— -Earnings— Net • 104,533 2,449,170 ,-4. . 3,899,684 3,716,285 2,979,166 deprec., deplet., etc, income taxes—— 6% Common —w Gain Other 4,445,439 $12,269,609 $13,978,450 expenses, gen. income Net .1— — this properties and business of the The purchase was consummated an sideration and Provision $9,533,011 that announces re shares cinally 1949 . sales Net Cost of Net U. , (Including Wholly-Owned Subsidiaries) Federal $9,146,486 3,123,123 - ———J_; and Z ■' .1 y■ "" .» ,Y ■ ,.-t i%7 -American Zinc, Lead and Smelting Co.—Earnings— Interest 1948 1949 smelting, refining and mar¬ keting operations Other income (net) Admin, $9.01 170, p. 2014. Administrative, Earnings— (& Subs.) Year Ended Dec, 31— Total ' ; : 442,124 221,062 $6,32 496,967 254,108 Z share—^ per Total Metal Co., Ltd. Co. c effect 541. American Profit .j - , - " Cost and 1949 1948 ; $26,139,908 $22,529,375 '4,26b,416 l,J96,obl ————— — - paid-- shares Common to '''1 1948 etc. $25,447,789 $24,423,699 18,295 12,559 freight, allow., ___Z— Cash dividends —V. .Calendar President, Offering—In connection with the recent offer¬ ing on March 22 of 40,000 shares of common stock (par $1), at $2.50 per share, we give the following addi¬ tional particulars: Z * - -41 — ' —— Earnings , $3,342,913 31. Associated Bioren income charge of a portion of its outstanding indebtedness. engaged in the small Broadfoot, Broadfoot Details Co.—Earnings— American Seating Net to the dis¬ 2,603.239 $2,886,508 , Net in whole or in part, 2.015,861 (e.st.)__ Registrar: United States Corporation Co., New York, Agent: Manufacturers Trust Co., New York, N. Y. share. and may be applied, company, 41 I to the general corporate purposes at $15 per sale will be applied A. Under SEC covering 31,892 shares , 295,814 _ taxes Z—. 2433. p. ; .4 ... Federal Reserve System___. Securities and Exchange Commission— The currency.——- \ 1943 386,691 $6,744,043 292,393 $5,584,874 -41 —-— Condition Statement of Member Banks of Illinois—Registers With of Co. Investment of Ahrens proceeds involved. The underwriting Aspinook, in accordance with a revanlping plan adopted in 1949, recently liquidated its Lawrence Print Works Division and therefore the acquisition of Apponaug Co, will permit Aspinook to maintain its volume and still further diversify its opera¬ tions in the textile printing, dyeing and iinishing trade.—V. 169, *,.44 Bond Offerings.——. Foreign Reserve unit. per No 1949 taxes, profit -Mr. Course of Bank Clearings—,—-40 516,249 -Capt. Olivet, a Director— $10 : depreciation, finishing field lighter fabrics. Combined Condition Statement of Federal American Cladmetals Co.- for costs. etc.———— Apponaug 242,675 2,617,607 945. 171, p share B for operating depreciation -i.—— resulting principally from devalue,- British of March on 737.302 •- 250,093 . the Aspinook Corp.—Acquires Apponau'g Co.— 391,576 2,935,121 2.617,167 526,692 2,638,709 railway.. from from Net Net with notification of for William General Corporation & Investment News-Cover From Jan. 1— Gross class one pay and State and City letter a recently contracted to acquire the Apponaug Co., of Apponaug, R. I, $1,222,519 / -V. 161, p. 2655. 29 Quotation Industrial Stock Averages.29 (Dow-Jones) Miscellaneous Features . filed 20 Federal and. British income Net 141,325 1947 Y ________ 291.375 171,626 income. oper. to before tion U. 3. Transactions New York Curb Exchange. __,__30 56,670 $1,393,250 326,363 164,344 _ railway from Net railway.. 119,786 1948 - used Adjustment ..38 39 30 Transactions New York Stock Exchange ' " 1949 1950 . and shares be Provision — Markets. Z , System, Inc., Phoenix, Ariz.—Files March on Years Ended Dec. 31 • ;v/'•" $1,330,093 February- Exchange._—— Stock Over-the-Counter $397,084 RR.—Earnings—' Alabama Great Southern Exchange. Stock and Bond Averages ''■ : A to Income : 1947 990,671 395,114 193,676 company 1754. p. Art Metal Construction Co.—Earnings— ; -33 —_—35 —35 36 Exchange__ Curb Montreal \ 103,670 The class Exchange.^——u-^33 Toronto Stock Exchange—Curb Section $499,685 205,009 103,894 364,422 235,381 104,765 V *. Stock Montreal 159, SEC covering 50,000 shares of class A cap.tul .stock (par $1) and 5,000 shares of class B capital stock (par $1) to ba offered in units of ten -__-32 San Francisco Stock Exchange—— 171, p. 845. "1948 . 709,905 203,780 railway oper. 171, ' railway—— from Gross income oper. From - $349,416 109,988 55,864' railway..— Stock Pittsburgh with the RR.—Earnings— 1949 $418,695 111,120 50,604 1950 • j .--30 Exchange Stock Toronto Akron Canton & Yoiingstown , ____,__30 _ are 1940, Admiral operates plants in Chicago, in December, Incorporated 62,232 ■ . Aspinook Corp. below.—V, Philadelphia-Baltimore Stock Exchange——,-33 an¬ ^ admitted be ; par; See ——25 _z Angeles Stock Exchange^,——31 Los Midwest 2,000,000 shares of SI Stock Exchange was list to Los 1,237,284 256,959 112,582 144,043 Apponaug Co.—Acquired— Arizona Warehouse Cincinnati Stock Exchange effective. becomes Harvard this of capital _ _ ' . 9 Stock Exchange Boston Detroit Stock Exchange Admiral Corp.—Listing on Los value — (Bonds)—21 Stock Exchange 171, p. 749. Application t $3,791,504 —_ (Stocks) New York Stock Exchange 101,000 — share.;—Z_—_ common 4,450,000 — —— ——„— 1947 $635,171 , , 945. p. ■ ^ Federal 1,345,024 262.920 115,923 120,5^3 , income, oper. 1948 $695,115 116,851 37,946 1,359,380 204,327 59,075 $653,763 131,773 56,181 1,286.207 211,866 156,183 railway Net Stock and Bond Quotations . . ; — ry. 1949' 1950 $619,122 tailway_Z From Jan. 1— $6,180,258 $11,660,529 resulting from (he devaluation of Canadian currency Net •• from $6,052,990 $11,568,630 ,__ from Net 48,747,153 In This Issue from Income RR.—Earnings— February— $50,273,543 $60,315,783 „ MISCELLANEOUS - Ann Arbor 1949 - and INDUSTRIAL - (& Sub.)—Earnings— Years— sales Net PUBLIC UTILITY - Phone SL 593 3US. ADMg LIBRARY m 2 / (1354) THE COMMERCIAL & FINANCIAL CHRONICLE JLLllL Monday, April 3* 1950 - ^""" - which are. to an important degree, financed the corporation owns an interest. which The associated companies General are of which the corporation owns 51 & Corp., independently Computing but Machines in Blaw-Knox Co. Corp., Sales owns which of the corporation of the voting stock, and Transonic 95% of the outstanding stock. products services purchase Authorized Outstanding 300,000 shs. Costs —,— and expenses—_ Federal, Ptnn. Computing UNIT income taxes- posal FINANCING Computing to split stock common to persons of such Net Ccrp. authorized its into 300.000 other under have and directors consideration a of Earnings pro¬ —V. outstanding shares and 100 shares of voting authorize and offer for sale to the than corporation an additional 100,000 shares )' with a view to obtaining additional funds stock common SPLIT—The STOCK AND Machines The & SEC Co., $3,533,408 $2.87 — the Power 1 ■ The of ' • 30,000 stock. purchase to stock of of 178,084 owns held are by Corp. Co. at ■' / / constitute ? 13.7% Ripley shares issuance Ridge •• 1258. p. Blue Shipbuilding "• shares 10,971 the an the shares about $28.52 '< • Period End. Feb. 28— Gross Net Net income —V. 171, 1950—2 Mos.—1948 $32,671,747 $36,441,657 . $69,097,526 $74,013,756 8.039,468 5,304,072 income— oper. 3,614.310 3,330,459 3,089,023 _ 946. p. Ry.—Earnings— 1950—Month—1949 income ry. Boston & Maine ' ■ necessary, both provided from The 2,779,069 7,138,099 4,835,609 - Taxes '* • 171, the Atlanta & St. Andrews Bay Gross from railway. Net from railway Net ry. oper. income From Jan. Gross Net 1949 1947 Other $176,475 $183,854 91,436 69,650 86,287 66,246 37,039 30,406 41,070 25,631 391,779 222,351 89,764 Net ry. oper. income,— —V. 171, p. 1042. 1,008,367 223,047 .599,190 3 3,497 62,420 \ > 366,904 162,626 76,844 ! 130,^71 65,016 * 51,100 142.860 r. $316,574/ 267,374 186,590 — Net deficit 946. $360,636 - 374,032 $162,636 1% operations. for this unborrowed Point RR.- West FOR Not February— Gross from Net ry. railwayrailway—-. Net Net ry. $302,544 31,921 18,011 64,798 *4,629 *14,233 11,857 railway 668,297 747,555 Available Net 129,119 for fixed *7,009 25,365 ♦12,931 income—' ♦Deficit.—V. *4,792 «\Net —V. stockholders April on will 11 vote Financing— on the February— from railway 1950 Gross preference railway — , From Jan. 1— Gross Net ry. *—V. to from railwayrailway from Net 171, business 22,115.099 23.751,681 24 692,821 23,697,289 tain 4.901,702 income— oper. 5,170,254 5 .606,428 4,830,059 —V. 2,382,617 2 662,109 2,418,824 shares for these $1,920,794 171, professional . whom to men relationship 946. with The * corporation Inc., therefor Seaboard its 3(4 % would notes its two Distribution construction The important SEC to and applied unsecured $625,000 to the from period SEC for A will parent, The Columbia March 31, 1951, and to finance, in part, its 1950 be ruled in lieu Conimittee that^the tion con¬ dividend Until has been 15 to holders of issued >' The notes. to stock payable M$y authorization its ending 50% the and balance subsidiaries, Corp., to would Amere be used in has given the invested Utilities Gas Co. connection programs. upon be Net record stock common of be May 15,. 1950.—V. April 15, 1950. shares/ .'. •',/ • the not 170, the on New York quoted interested Virginia their J April 10 to request 7 ' > such stock ' Co. (& of income less interest jy. j. < Ohio RR.—Earnings— Period. End. Feb. 28— Railway 1950—Month—1949 rev._ Railway operating ? operating exps. $22,302,042 19.264.603 - ' Total » expense.331,482 The to operating Provision for Grcss Federal Net rev, from ry. oper. Net ry. operating income inc. aft. fixed chgs. $3,037,439 $5,657,604 1,350.874 2,738,941 >489,646 910,487 Net ♦Deficit.—V. 171, 1253. p. $6,037,576 $11,369,748 2,280,701 5,578,032 ♦1,328,089 2,027,138 Net income from Net ry. ; Note: The amounted Bangor & Aroostook RR. —Earnings— Period End. Feb. 28— Railway Net Net Net • oper. ry. revenues from rev. ry. 171, after $1,675,873 $2,338,352 958,944 435,222 457,879 680,494 392,749 368.723 "' 593,120 263,539 217,624 Net ry. —V. - 171, 1 Value 1948 1947 $950,278 $793,736 470,930 233.397 1,875.775 1,474,982 ,-879,984 597,032 Gross 429,143 318,660 Net 1,705,586 903,063 821,013 403,463 421,156 inccme—_ contract Corp.—Vending Machine Contract— the complete manufacture and several assembly \ of hundred units of a new and Improved vending machine* for. dispensing popular soft drinks has been awarded to this corporation by the Master Corp., of Little Rock, Ark. The first units are expected off the production lines in April.—V. 171, p. 1142, FebruaryNet from Net ry. railway yard From Jan. Gross $305,972 Net from ry. oper. 171, > / in $1,019,280 *33,436 2,156 184,552 10,757,740 14,254 $538,545 $4.98,890 $1,968,645 21.04c U. S. .3- Net Net ry. 2,447,456 2.053,658 '326,941 213,159 *67,020 18,740 332,517 1,947,270 366,563 " income—" oper. , Sales Donaldson, to succeed years with the Subsidiaries of i dering Other Vice-President Dunnell, for who company.—V. 170, p. 2434, paid for costs Estimated Balance Dividends • ' 1947 ;■ $314,049 38,106 . U. sold and - Finance, has been elected recently retired after 20 -1 Net • ■ Dividends » from 1 .' ' 6% basis 142,320- *7,676 17,793, States) , 1949 /. : / *133,354 *2,352 *114,889 •' - *60,688 • • •. , i ' .• *225,171 *132,385 171, 1142/ / p. made was by ' ; ~ to of ;s 1, trustee 1970. yield over 1, The of group bonds after $100 the company of perpetual 4% the ' - $25 each security.—V. . 2. p. bankers of and p. are income and the * period April ordinary The stock bonds new secured by pledge a debenture stock,x ; ; / 1949 ■ of shares •• 1948 - r $245,605,362 $260,027,447 7,764,599 5,768,383 taxes—:/ $12.12 •> taken ' ^ t . stock i (par stock cent) at ceni one of'notes subscribed for. . , February— . and oV $35,000 with the on share per the with They were-expected 7. , /•/ Net ry. .. oper; inccme.__ •r $1.50 «j_J / i ' ' ' 1947 98,447 .7,517 -*42,628 >-12,592 5,719,922 5,910,451 5,908,127 .5,136.458 '501919 530,527 585,312 162,569 16,568 9,919 *323,925 1 - •: *132,103 ''7 railway railway ry. .oper. / $2,545,023 290,566 1— from Central 951,013 . 7,300,000 income—/" *42,944 r Net ry. oper. Net ' - •< 1949 1950 $705,000 52,183 *56,712 ... $765,000. • 1948 - " 94.560 2,008 • 1947 $804,000 140,224 30,662 $819,625 180,503: 73,672 " from from ' > . railway..—' railway— Net-ry. oper. $2.52 Ry. Inc.— -Earnings— income.— FromJan. 1— Gross 3,742,643" / Vermont February— Grose from railway-,—s-. Net from railway. _-/ r 961,005'. $7,479,693 $12,582,134 ' v ' $2,902,970 214.982 1,065,212 4,496.041 • 1948 • $2,838,184 278.492 _ ♦Deficit.—V. 171, p. 948. 21.669.779' 1,708;462 _— -— 1949- $2,800,024 from Net $5,771,236 $11,621,129, —i_r—: railway railway—— From Jan. -Earnings- 1950 from 1,476,000 " income—.' 1,551,0001,536,000 1G2.165 202.160- *57,845" 3,832 J *Deficit'.—V. 171, p, 947. • Co.—Offering to Stockholders— j common amount up. ,. $8.85.! ';v common of \ ///fi • shares / first* 1142. share • 98.75 - value bonds. consolidated 171, at company's *" during par - Federal common % investment priced was time any into for were This 1936. at 1959 shares the of a 3.20%. since covertible April four by & Co., Ltd. and A. E. Ames & Co.. $20,000,000 convertible 3Va% collateral trust of be 30 , Gundy securities will of March on Wood, issue new principal all from A .. 1947 $184,400 *52,843 *246,608 five Net 1,985.335 1,378,048 paid ' Earnings per share 17C, p. 1799. 1948 $192,000 *193,003 per of $1 Gross * •. 49,877,139 20,737,637 3,550,000 —_ —i. —V. J income-— 175,000 be to 1948 1,123.083 ' foreign subs. ' v *79,960 promissory notes covered by the letter of notification filed on Feb. 10 were recently offered to the stockholders each 2,135,256 — taxes__ * England—Earnings—* 1949 $168,000 _____— The 18,116 47,958,731 — ___/—j.. received income ■:"« ./ *21,592 Net taxes——_ -1 income used working *43,506 Casa de Paga Gold 88.132' ren¬ expenses—. S. be for 377,000 through 170, 586,460 United offices—'—/— sales 1950 Central of Georgia Ry. in " — of use and to are and ,'V. y ;-r.•/-- —$32,460,121 $94,050,358-, 193,870 *. 419,299 — local plant, S210.00C * —_— state and , • Mark services security, Depieciation proceeds *98,059 income —V. ; $82,653,991 $94,469,657 Social The equipment Calendar Years— < (& Sub.)—Earnings— 7 products and 382,000 basis the 95,804 92,457 services—; manufacturing share. per 16,693 Sales 24.84c > 586,617 income of $5 statement with the' ! ' . company's senior Gross Cost Canada—Regis¬ V- Carnation Co.—Earnings Up Sharply— ' • '*13.653 737,047 Operating * 91,684 (par $1) to be offered to share., for each share held. one-half erect general obligation with $1,828,225' $274,145 206,811 5 and products :",j ; 32,573 ..—V . Miscellaneous income 'meeting, March 27. A. < - \ First quarter sales !are running approximately 10% ahead of the $19,800,000 of sales reported for the first quarter of 1949, James DeCamp Wise, President, told stockholders at the annual John - 90,324 4,270 : ; 298,725 358,000 bonds a SEC "Deficit.—V. 171, p. 943. - 52,235 18.30c - 152,401 railway.—_ 697,232 railway-/ "168,213 ■ ; interest the the 1—/' Calendar Year—7 131,063 455,428 946 New Treasurer Elected— Treasurer v be 1185. maturing April 1952, are 7,359,815 1948 -• $407,412 from from Total , - 1949 -$335,929 railway94.241 ry.4 oper. income 14,171 Gross _ 1950 -•>/:, *139,750 offering The . Net " ■' 371.000 a on 56,247 from Rent on :• 164,841 $895,088 Bigelow-Sanford Carpet Co., Inc.—Sales Show Gain- held bonds, ' 99,748 1.639,378 p. ... of public 1950—9 Mos.—1949 2,370,715 / railway— from "> 24,928 35,246. *71.693 jointly accrued Higher- Burlington-Rock Island RR.- -Earnings— February— 1947 156,499 income ♦Deficit.—V. 1948 $1,206,508 1— from Net 1949 35,178 income— railway railway-, above,^ foreign 1003. p. (Including ♦187,476 railway oper. ; 17.82c per 169, RR.—Earnings— 1950 from after respective years. 15,387 Burroughs Adding Machine Co. Bessemer & Lake Erie Gross the 1950—3 Mos.—1949 i—■ From Jan. for 1943, in 3,022,000 _ 7,870" " • 62,775 ■■/> *38,574 155,314 80,410'/; /- 14,543 of income /-' oper. Earnings Net calling in $170,082 included • cents —V. / ;■ ry. headed $5.04 177,674 196,355 r ' 946. p. subsidiaries, $209,831 and 253,138 I 307,121 Canadian Pacific Ry.—Bonds Offered— V 327,560 336.719 3,706,815 Beech Aircraft A Ry.—Earnings— ounce 1949 157,225 railway railway- oper. and , '••/• / 1947 $138,524 *27,757 railway railway—__// Offering $2,401,347, $3.67 ,. Period End. Feb. 28— « 368,904 from from 1949, • Yardage dredged $729,189 ry, oper. income.— From Jan. 1— Net in foreign rate 1— *Deficit.—V. Ltd., of ^ .'V from Net M,355,000 • Ounces fine gold—L— Value at $35 U. S. per 1950 railway railways Net Gross $16,538 1799. p. / 1948 > 63,703 - *136,873 railway from 1, $747,687 from from to income . 583.173 Bulolo Gold Dredging, Ltd.—Production fixed February Net —V. '170, 1,264,773 Beaumont Sour Lake & Western Gross net ' $113,787, 21,884 " $2,965,156 796,235 946. p. ■ 548,858 charges V. — share exchange deductions of $203,927 1950—2 Mos.—1949 $1,289,335 oper. income oper. income 1950—Month—1949 329,354 taxes__ common atv oil , ■:£/y-:; 1949 - 93,033 site, p. , 3,573,502 $1,780,391 per y ;•> "• • $152,139 >1 >•/. railway-—.. oper. Net 11,886,322 — income Earnings plant From Jan. 10,928.413 1,210,000 — offered drilling ■.y" ine 165, from Net 240,522 9,333,212 3,720,150 -j.-;. expenses— depreciation— with be ' ' Canadian National Lines in New 10,826.897 —. Salaries Other I 1042. p. offering price will purchase - 828,105,004 $30,723,262 Materials and manufacturing services and wages 1950—2 Mos.—1949 $29,238,457 $49,562,419 $60,724,075 23.580,353 43.524.843 49,354,327 171, .at capital.—V. has Subs.)—Earnings income / *38,164 V1/ J ... inccme—^, oper. stockholders Gross Baltimore & notification to complete to The corporation on March 30 filed a/registration SEC covering 28,458 shaies'of common stock Year—,n ' 1949 "/ 1948 products and services—$27,773,522 $30,487,740 Finance used distribu¬ ' . of stock be Canadian Admiral Corp., Malton, Ont., Calendar SaL> a 3213. p. 1— . . letter a common 1 stock, Exchange $0.74 1,346,889 ... 1950 railway____ railway—/— February— Brunswick-Balke-Collender * 1950 ■ until persons and filed 17 *90,913 / income— oper. ♦Deficit.—V. Scrip certificates V" -i Curb "ex" 1910. p. common v?$0.92 1,399,501 f $9,440 - from from Net main¬ Stock Distribution— declared fractional of Securities on ry, From Jan. prospects/ short-term with ''/ application.—V. 148, in March cn ters With SEC— . of hearing the utilize program, 23 $1,700,000 during struction Gas March on additional an System, issue is customers $0.94 -$0.74 " t coiporation Gross 1042. p. borrow ./ Net . Brown Rubber Co., Inc.—50% to it their 506,139 , 1,000,090 . ...... Net the personal p. 638.108 ' . Gross to and direct . February— from railwgy_,J^ from railway—^*— f ")■ 1,916,553 Atlantic Seaboard Corp.—Seeks to Borrow— Gas v. •' 504,770 1,282,686 - - 170, p. 686.' "... ' $1,506,229 dividends— /Cambria & Indiana RR.—Earnings— a shares.—V. ' 2,010,999 » registration statement with5 capital stock: Broad Street Sales of $1,893,600 2,511,721 590,927 Calnev Investment Corp., Los Angeles, Calif.—Files— opening of business March 13, the common stock, trading on the Midwest Stock Exchange. /: ■■/' This company, with its principal offices in St. Paul,;; Minnesota,,? offers a direct advertising service to its customers, vlt manufacturesover 800 different paper, leather, metal and plastic items for the functioning of its advertising service which is directed particularly " 1947 at admitted was 1948 250,000 • Effective i. . 1949 covering filed 726 709 902,450 stock—— the Corp.—Registers With SEC—, 24 <! 1948 $9,819,038 1258. p. .. The 27,086,242 'r Brown & Bigelow—On Midwest Stock Exchange—; $10,753,355 $11,528,476 $12 ,172,338 $11,422,928 2 ,770,778 2,431,218 2,613,701 2,340,948 1 324,897 1,164,151 1,226,436 877,190 oper.. income SEC March YEARS 6,296 279 ______ ; SEC.covering 20,000 shares of ($10 per share), the proceeds to well. No underwriting involved. on the 759,293 outstanding at year-end—./— outstanding i__j__——_____ „ 74.858,960 31,657,713 - the standby commitment. $2,371,957 ; par Corp. is the distributor '' ' Atlantic Coast Line RR.—Earnings— from ——i .___ com¬ with a 6,767,536 — and 171, the the ... . 946. p. corporation ■'f'"1"' . ry. 171, The increasing authorized common stock from 1,172,000 shares to 1,400,000 shares. It is reported that the company may issue and sell later this year $2,000,000 of convertible debentures.—V. 170, p. 782. ,> •. .••••• * Net (est.) revenue Broad Street Investing > Net > v T .• * shares —V. 171, p. 1042 Atlantic City Electric Co.—Probable The *• S ! 123,884,473 101,945,202 — of deductions for common Shares time expansion taxes— charges— other income On " 1,010,721 and On average shares outstanding ^ 1948 Operating expenses, est. depreciation, amortization, capital and other charges—. _——*92,226,760 66.954 railway—— oper. (& Subs.) same CALENDAR _/ and $323,046 648,366 72,344 earnings from operation— " be Consolidated) revenue Interest tne i_______1 $10,909,507 operating 588,381! 1949 V- .. Gross 16,844 81,578 :>-' '• / \ ♦17,266" 617,030 //'//. 12 Months Ended Dec. 31— 1947 $361,984 1— from from 1943 $305,655 income— oper, From Jan. Gross 1949 8231,835 from Net - to -< '1949 revenues expenses Balance Brazilian Traction, Light & Power Co., Ltd. Earnings— " 1950 at year's portion EARNINGS Earned per common share: Atlanta & and ■ short-term agreement borrowings is to be 2%, with on Subsidiaries (Mexicon Preferred . from $2,000,000 a the on operating ,384,642 $564,996 higher fair /return a remaining $2,000,000 through issu-" mid-year. If market conditions are needed Interest of Net / ' re¬ prefer¬ The revenues. provide. Depreciation $649,977 - : . 5.60% the Maintenance 145,992! 551,600 192,165 „ $333,089 _• p. ■- 287,045 to will consider raising required in 1951. be funds CONSOLIDATED $503,935/ , 196,921 the to and raise Other $163,715 : 64,782 , $120,375 * etc.—v- j ''Deficit.—V. 171, $251,792 V of consolidated says, about negotiated »/4 Operating 81,109 " *821,985 the America. of v <* "V. '. income Contir.^ent charges 318,640 160,241 Gross of . 485,706 —. 22% Years Ended Dec. 31— 1,049,829 34,555 income RentaL, int., 1— 454.256 505,525 293,079 — $162,731 railway..— railway _/ 479,166 (Dr >. rents rents recently charge (Dr)_— — Net ry. oper. income,. 1943 $204,949 from from Ry.—Earnings- 1950 5,142,733 about of management guarantee pany • hand on money which will To 1950—8 Mos,—1949 $6,501,257 $12,489,707 $13,486,737 5,487,396 10,656,01511,366,103 $5,927,548 Equipment Jt. facil. February— — — of of Cage securities new favorable 1950—Month—1949 revenues expenses history," report increased plans to company of new re¬ RR.—February Earnings— Period End. Feb. 28-*- Operating Operating Mr. for cash of : , 5% which accounts for 9% Bank Atchison Topeka & Santa Fe annual an application to the California Public authority to increase rates in the telephone for are ance stockholders.—V. company's the - , per the the in * holders than in , labor costs and for large property madewlunng recent years at prevailing'high unit costs' 'i The company\ cash requirements for construction in 1950 are estimated at about $4,500,000, of which S2,5oo,000 is expected Cramp and „ their Cj^-^fnS additions . outstanding (80.9% ) 140 shares of ■ ... - *; exemption 30,000 a'price that more best stockholders ttJu?' co™I,any '? preparing Commission Company Act permitting Harriman Ripley from Cramp : Harriman maining announced told ' Utilities rates 29 and the of one . • Financing— Company division, Investment Power Co.—Plans the ,5'/2%. preference stock have holdings into common stock. ' ' California Electric late last year issued an additional 17,614 common shares for purchase of two small hydro-electric plants which it previously had operated under lease. 1.731,023 -1,411,468 $2.51 < was President, 30. Cage disclosed stock converted $4,050,895 1,764.335 — —/ March on Inc., share, 1257. p. Mr, 3,080,000 1,411,468 - March ence 1010M under common Computing which would then be held by the corporation which, if the above-mentioned 100,000 shares of common stock Computing are sold, would then be a minority interest. 171, _ share per 170, T. order General —V. — 1949 year Cage, leased Blue Ridge Corp.—Sale of Cramp Stock Authorized— General and income paid —..—— Capital shares outstanding——— required for its production program, but such arrangement has not yet been worked out. If the proposed split is approved by the directors and stockholders of General Computing, it is the present intention of the directors of the corporation to distribute to its stockholders approximately 150,000 of the 153,000 shares of common stock of of 2,270.000 Dividends « PLANS Oeneral "The Albert 1 proceeds will be used for loans to General Transonic and for general corporate purposes of the and 1948 $66,674,275 $69,251,107 60.865,867 62*120,212 — net corporation. v etc.— w—>— other and ' PROCEEDS—The * ' $66,280,003 $68,723,473 -• 394,272 522',634 — discounts, California Electric , 1949 and interest, Total 300,000 shs. SI) (par value of Dividends, CAPITALIZATION, GIVING EFFECT TO PRESENT FINANCING Common stock (& Subs.)—Earnings— Calendar Year— , . ; . . .i'vT' - - t; i. ' 1,580,057 176,917 244,236 ' *41,854 24,650 ' Volume 171 Number 4895 THE Century Electric Co.—Earnings— Net sales Other inccme ( t i '■ i Total Cost and Federal Net ——J' and income taxes 95,000 income Earnings $1,440,775 1950 for.working capital.,. 231,608 - $1.42 February— from from Net ry. From Jan. Gross from ry. —V. 1948 1947 $387,370, 47,115 27,395 10,069 ""7,810 171, railway./,-.. T1 >44,812 " Gross 48,978 800,654 816,640 128,136 168.107 76,006 . 12,683 52,055 Robert D. Bowers & stcck at of * » constructed east of the " The ; i of and City of located are on Net approximately 10 profit before —V. 5, 171, 'a 4 operations—-——— ?"'"<*> : Gross > Railway oper.a.revenues. Net rev. Net ry. from ry. oper._ -.'**» *1,720,715 "Deficit.—V. 171, p.' 1146. i '.7 /O ' > • 7 v Burlington & Quiricy RR.—Bonds Quickly 100 %T plus at books accrued interest. - were Two 1 Inc., » other bids, also Lehman 98.529; for 3s, bid of 99.53. a Stuart 98.1259. & >>*:' A sinking fund calls for the deposit of $250,000 annually 1950 to 1988 for redemption of the bonds at prices ranging from 101 to 100. The bonds are otherwise subject to redemption. at prices ranging from 104 to 100. The railroad will redeem the old bonds at HOV2 for 10 days after receipt of * payment for the I - PROCEEDS—Will Feb. 1, 1952, mortgage „ AVz% expenditure of . be the used bonds B March of in 1, railroad bonds.; new part to provide for outstanding series since line new a of $12,460,100 due "} </;■ . redemption and between City Junction, Mo., and Needles Junction, Mo. The new line will shorten and improve the company's route between Kansas City and Chicago. ; /, r The company has announced that after receipt of payment for the hew bonds it will for a period of 10 business days pay not less than 110Vn% plus accrued interest to date of delivery for any series B bonds presented at J. P. Morgan & Co. capitalization outstanding General Incorporated. ( bonds, due 3-1-58— mtge. 4% giving effect to Series of 1985, $31,872,000 3V»%, due 8-1-85— Series , of of 1990 3% Equipment V 59,282,000 — 1970, 27/aCH Series . bonds, due 8-1-70 bonds, due 2-1-90—;_w_—_ obligations various rates and and conditional maturing sale through deposit \ stock (par value UNDERWRITERS—The first $100 names of the of Stanley & Co. $2,000,000 Blyth & Co., Inc. Dick & Drexel The Co & First Corp. Goldman, Sachs & Harriman Ripley Co. R. (Inc.) The Kalman i V & Co., J from ry. Bros. Gross '•') From Jan. 1— Net from Net ry. —V. Gross from Net Net ry. —V. I s railway.... 31,315,149 railway.—— from 7,996,567 3,130,373 income— oper. 171, p. 1253. . 1 tions to debentures of to approximately and the to-bear individuals 40 /. and " "*• with Sales 1950 ,1949 $2,968,525 1948 $3,039,671 j. 983,213 740,220 income— 479,592 396,870 ?;v railway_l^_ 5,936,665 railway-—:_L 1,930,578 income-— 987,031 oper. 1947 « 921,803 _,'h : *, > 764,878 2,033,383 1,147,825 860,779 Subs.) ' • operating income- —— Book „ 3,045,762 i, 549,911 1,362,043 1,217,450 Louis—Filing With SEC account and of Willard Wm. F. R, Cox, Dowdall President, through Co., has been with¬ & 1258. '/ 1949 ' . 4 share $5.33 paid per share— paid srfkre and of Gross equipment of for foreign $38.40 (net) $34.58 .46,768,000 current 45,871,000 4.6 to 1 4.4 to I liabilities 35,053,000 30,629,000 —„_6,164,000 8,644,000 1,650,000 1,310,000 - T / depreciation— domestic 4,250,000 81,583,000 stock common to additions" Provision 1,126,000 3,000,000 89,222,000 I.:. assets $3.00 4,645,000 — capital current S3.50 " $3D0 4 of $3^6 $3.50 share—...... per — value per 1948 r.f 290,959,000 302,194,000 203,996,000 220,347,000 86,963,000 81,847,000 11,076,000 7,557,000 ———— L. employees.^..^.:^— employees 8,700 —■— 8,400 ' 7,900 — 1,600 6,800 1,600 15,200 15,100 preferred stockholders——— No. of common stockholders___j__4 ,—Vv 170, p. 2435. i Colonial Acceptance Corp., Chicago—Registers Securities and Exchange Commission— $ share—convertible). & Harris, Inc., is named 1 > Sills, Fairman The stock is to be offered share per to the - , ,;/':•>T } ./•> the principal underwriter. with a $0,62 as public at $5 per share, underwriting commission, * ' ■ > The company engages in. the finance business, consisting of the making of discount loans, financing the purchase anti sale of various •types' of personal property, chiefly new and used automobiles household appliances and the Proceeds applied p. of in the part stock the to making of small loans. sale will reduction be of added to outstanding bank 563,657,035 88,617,758 107,453,925 : <; 8,397,996 11,821,207 97,015,754 Total income J capital loans.—V. 882/':,". V, account ct the and 170. • Stores Inc.—Earnings— * Period— ,.. V> , 1 ? ',•/■/■; 52 Weeks ■„ 53 Weeks; Ended . Dec. 31/49 .. .r Net ' ' ■'«, - sales Costs Jan. 1, '49 $ $ : —168,558,369 169,202,900 — and expenses.—* 119,275,132 Operating — 164,140,121 —. Other profit.— 164,961,118 4,418,248. income 4,241,782- 83,090 64,213 4,501,338 200,744 1,746,100 .... 20,958,362 21,507,807 20,999,570 31,990,286 \ ! . , Net income in 1949 : — "Adjusted to sold FINANCING ^ 55,057,822 65,777,039 eliminate the and operations of a public utility subsidiary include the equity in its earnings in other income. to DURING 1949—Cities Service Co. retired all its 4,305,995- standing $51,069,700 of 5%, debentures. The $52,625,000 required for principal and call, premiums was obtained from the sale of TheOhio Public 6,232,051 from a-temporary . 4,848,232 corporate the ; SEC > of Feb. of and 28, and the are to be debentures > covering offered at Service cash./' . CO. / Cities Service Co. $1,500,000 of which fund. . ■, '/Funded panies and , other also of retired " >■ which $6,600,000, acquired were , stock common bank loan *■; - >. provided and the $44,591,000, balance from, $2,119,800 of its 3% debentures, through operation of the sinking ■ long-term debt of be of¬ 10 partnerships, associa¬ 1950, had made advances consolidated decreased subsidiary com¬ $42,100,000 during the year. This represents theby- which debt reductions due to the elimination of The Ohio: Public Service Co. and to sinking fund retirements and redemptions exceeds the amount of debt issued by subsidiary companies/* * * ./'The major financing by subsidiary companies included the fol-: lowing: .• > // amount r-v v Arkansas.Louisiana Gas Co. in September borrowed from a bank the sum of „$9,500,000 on its 2%% note due in 1952. The proceeds provided funds for construction of the gas pipeline extending from the Waskom Arkansas, and Field in Texas to Perla Junction, near Little Rock, for other facilities. Subsidiaries of Cities Service on 3% Oil Co. notes to (Delaware) borrowed total a 122,408 1 2,554,494 2,356,370 $3.51 $3.26 share —V. Colorado Milling & Elevator Co. . 9 Months Ended Feb. 28— Gross sales, less Other operating ; Total income Consolidated "Based finance construction expendi¬ on per 1949 $66,109,473 $72,988,912 etc. 1,318,740 900,056. — profit- common . income 1950 ——— "Net Subs.)—Earnings & freight out— income—storage, grinding, operating (& « returns, allow. income. $67,428,213 $73,888,968 $490,254 $1,693,765' : 199,166 — $0.38 —— share— 523,174 shares currently outstanding.—V. 975,992. ' ' $1.86 171, p. 102. . February Gross Net ry. railway railway Jan. 299,919 inccme oper. 1947 $1,067,867 $915,711 221,440 206,442 194,403 95,874 107,983 51,661 1,976,115 railway.. railway from ry; 1948 $1,038,983 * 1,894,750 2,237,471 130,917 462,145 *41,699 126,567 62,124 1— from Net 1949 $970,690 — oper. From Gross 1950 from Net Jrom 518,357 income ; 'Deficit.—V. 171, Chronicle fluctuations In the rates of exchange, remittance for $42.00 per year. > . 1 Colorado & Southern Ry.—Earnings— Net * of $9,636,750 from banks Net profit Earnings per common 171, p. 1042. 186,417 1,640,800 loss Consolidated net • will deductions Provision for income taxes out¬ 12,686,084 1,922,108 Income Subsidy refund and fire Countries, On and f . working ' ■/ 493,942,963 456,203,110 With , The corporation 011 March 27 filed a registration statement with the SEC covering 164,560 shares of class A common stock, first series (par value $1 pei* p. ' 1,897,190' 378,819 * 146,641 i 106,345 1047. (Reg. XX.'..S, Patent Office); William B, Dana-Company,- publishers, 25 Park Place, New York 8, N. Y.f REctor 2-9570. Herbert D. William Dana Seibert, President; William D. Seibert, Editor and Publish^; Riggs, Business Manager./Published twice a' week [every Thursday (general news and advertising issue) with a statistical vissue on Monday!. Other Ofjflces: 135 8. La Salle St., Chicago 3. Ill (Telephone State 0613): ! Drapers' Gardens/ London. E. C.f England, c/o Edwards & Smith. Copyright 1950 by William B. Dana Company.as second-class matter February 25, Reentered 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 PanAmerican Union, $35.00 per year; In Dominion of Canada, $38.00 per year. Other NOTE: * / SEC Ended $ .607,040 . 1,023,060 *1948 582,560.721 — 896,209 681,640 746,659 subsidiaries—... Plant 5,425,732 1949 ——— expenses.— / in the company..^ in reserve for inventory price decline worth Colonial ' 919,277 , common Earnings— ' .<, 496,875 3,310,372 —_— Ratio /. (& 336,441 2,757,625 —————— Working 1,592,496 888,594 > ' 240,150 "■ 1947 - 2,613,928 . Co. dividends Reduction ; 6,233,434 . -713,841 Earnings retained Net 405,456 - 6.014,811 1,620,874 171, p. 947. $1,440,671 588,629 as $2,679,851 " sales foreign Common service; 511,153 .>,* .. < * the & dividends of $2,965,580 for Preferred No. retired 1948 $1,598,212 - per of had 1949 452,o84 1 the with Earnings Si'; credited ,51223. p. $1,330,179 — Walker of No. of authorized 1950 income— railway Net'income No. employees 1146. 320,985 railway. oper., income Domestic offered to years $1.58 171, p. ' $1,095,734 World-wide sales L*.—- ■' 25 $1.96 CalendarYear— : 34,319,681 . 33,118,309 2%: interest Financial those 419,845 Electric Illuminating Co.—To Inc.. Stock— < filing H. Employees could carry the payroll instead of on 1948 $3,319,464 522,688 share common opei\ share G. Chrysler's 37,386,533 . Fair Commercial for operating income Other income L_I 3,101>63 1950 The are after 1049 $3,903,399 264,974 shares outstanding.—V. drawn.—V. 171, p. years * 6,449.876 /11,275,824 • corporations as life Costs, operating and other 6,337,797 ,1,370,G42 .,.2,327,634 7'$320,450 Who, they of Colgate-Palmolive-Peet Co.- -Highlights of Year— ;> during the organization period in. order to make possible exposition. An additional principal amount will be offered to others making advances to the Fair prior to the effective date thereof. All such offers will be made in principal dollar amount equal the in the company Interest and other chargesProvision for income taxes. .7-'' I rv' amount. five >•••<*, - 1,900,000 5,453,122 r-'- are principal as provided acquisition 171, p. 947. ,,per benefits increase, the < Net $1,000,000 of subordinated debentures, due April 1, 1960. f The Fair was organized as a not for profit corporation''.-on Nov. 25, 1949, for the purpose of holding an exposition in Chicago. Its original name was Chicago Lake Front Fair, which was changed to The Chicago Fair on March 22, 1950. 5 r > V ' f 100% the next Included the . • ■ ——400,000 A registration statement was filed March 24 with V The also and 400,000 (The) Chicago Fair—Registers With SEC— fered for Cities Service Co. > & Co. Corp 3,861,653 !'• /' in wells gas by letter of notification on March 9 of (2,000 shares of common stock which were to have been offered at $30 Strike—A 7 are " "•> be Years End. Dec. 31— 1,900,000 - Stubbs V 1,673,130 */' '' End to , Whiting, Weeks & 4,045,694 income— long as per on from The *668,247 •;• - social security accordingly. provisions 1—' from Gross .. oper. 2,063,590 people who retire as was s * Withdrawn— 25.384,954 868,033 *3,655,658-- *1,996,841 1,000,000 & February— 1950 1949 1948 1947 > from railway..__ $15,139,271 $16,588,121 $18,321,633 $16,866,341 ry, 27,750,330 *1,318,907 railway-—— oper. JFroraJan Gross Net $1,000 Net 400,000 railway—.— insurance February—'* 1 Gross'from' railway— 800.000 earnings for february and first two months Net-from 26,134,412 ;;//•" drilling Coca Cola Bottling Co. of St. . 588,650 Cincinnati New Orleans & Texas Pacific Ry.—Earnings ' Pressprich & Co. Securities 400,000 Inc.— 7.. .*.1947 *811,603 ' for revenues from •—V. £ $750 for life for those with 20 to 24 years of credited service; and *$500 for life for those with 15 to 19 years of credited service. 1, The complete cost of the pensions would be paid by the corporation and the employees would have to pay only part of the cost of insur¬ ance—substantially less than previously,—V. 171, p. 1146, ' Stone & Webster 1,000,000 ———————, Illinois Co,..: W. Hutzler Co., Inc._—v 1,900,000 Harris, Hall & Co. 7- <fe - Stern Brothers 4 7 Marks M. —— Salomon ■/ v' retirement ry. 'Net *928,065 *1,811,335. Offer Made and Co. gross 947. p. From Jan. 1— Gross . 7' 1,000,000 Higginson Corp Laurence 1,900,000 & Net 6,899,726 2,606,340 - 1,900,000 ,3/ Co. 1,000,000 1,900,000 <. Boston full follows; 1,900,000 Lee 400,000 1,900,000 1.000,000 ; liberal Net Kidder, Peabody & Co. *270,394 contract is not renewed, the remaining fund, as they retire, pensions for other. their retirement on'the same terms as if of If reduced "only until age G5. Free insurance would company's Kuhn, Loeb & Co—„_ Merle-Smith—_ .-Mwe their refunding mortgage, series of 1990 3% bonds due Feb. 1, 1990, and the principal amount of such bonds which they have agreed to purchase, respectively, are as follows: ' -v Morgan be would 171, February— the to $4,000,000 Gross from railway /Net from railway 33,881,416 4,672,581' # 431,770 proportionately. * ; As regards, sickness and accident insurance, increase weekly payments from $25 to $28. and Robert W. Baird & Co., Inc. If used . the 38,079,564 *650,119 payments reduced 170,839,100 purchasers be the Chnchfield RR.— •Earnings— proposal. An employee may retire at age 65. As against the original proposal that retirement at 68 would be compulsory, employees 7 with company consent may work beyond the age of 68. Employees may retire as early as age 60 if they have 25 years of service/ with' pension various share),— per contract. the Service Of 170, new contracts, in 1965 48,499,000 25,000,000 pension > employees in the order the contract continued. 39,906,396 Common a to $37,300,000. were $49,000,000 deducting Public 1947s r - retirement, deposit5would r ; financing First and refunding mtge. bonds: > i . the time of •v 1, 1977, and for payment of the acquisition or construction Missouri at . on refunding Feb. in 1949, the first of 1948 .Net ry. from railway—: 1,058,201 ry./oper. income_>: * *1,508,617 of .-v>, from > 1949 corporation on March 25 offered to deposit $30,000,000 now in a fund to back its good faith, ability and willingness to pay pensions for life to its employees as they retire, > This sum would be more, than sufficient to fund pensions for/life, Co. expenditures after Ohio The stockholders will vote April 25 on increasing the preferred stock from 500,000 shares to 750,000 shares.—V. RR.—Earnings— ;■ Corp.—New and The income after charges and taxes 'Based *180,796 '/ The ;> and 'Earnings 181,812 - > statement to the corporation's employees said in part:. ; v Halsey, Net >>>•■>.• ">* railway—24,636,733 Chrysler The received: were Brothers, on & Pacific *Deficit.L:v. 171, p.' 947, -•'' r : of Calendar Years— 2,255.303 232,412 36,447,135 903,532 from net $81,800,000, sale Citizens Utilities Co.—Net Rose in 1949— 63,741 *108,978 601,402 56,278 947.'». ^ - made $1,077,988 . 2,864,084 344,610 „ 272,852 From - Jan. 1— /- to the approximately Cleveland railway.:—J- Net subscription closed shortly after the offering was made. / The group was awarded the bonds facilities from'railway*-'/: $11,816,827 $12,630,644 $13,487,657 $12,087,287 from f' Net to public on March 28, subject to authorization of the Interstate Commerce Commission, a new issue of $25,000,000 first and refunding mortgage series of 1990 3% bonds 392,870. Net ry: oper. income—. the k 151,675 _ 2,386,314 railway—w,, 32,573,094 railway1,550,696 VGross Chicago, 2,688,362 .i' from the leaseholds.—V. r—"• -p. - ■ Natural 947. - Net t ;. Sold—Morgan Stanley & Co. and associates offered $1,465,810 332,435 23,563 ^ from Gross * \ • 146,285 .• 'Deficit.—V/,171, stock, " 1947 1 .173,681 286,540 income—101,018 p. • construction Operating 171, aggregating competitive bidding $2,500,1979, tne proceeds of which gas subsidiaries expended $15,000,000 for transportation and''gathering facilities, including the last section of the HugotenKansas City 26-inch gas pipeline, $5,000,000 for distribution and other ... '--'.I. - > *235,830i / 6,693,304 3,273,928 '1948' ' • /-Chicago & North Western Ry.—Earnings— February—• ; V ' J-'.': 1950 1949 -1948 Yc ! 1950—2 Mos.—1949 245,349 Ry.—Earnings- , from 1/795,319 Net<oper. incoineilT.': *2,024,691 ,-*1,921,043 28,594 ii.'i 1949 $1,414,986 .railway—. oper. Net .28,042 , > Louisville $1,367,034 railway——, at . 302,049 , from , Gross ' ■„ income—^ oper. 272,326 , $13,652,790 $24,001,628 $34,000,533 $50,116,936 *1,506,071 ■' 5,840,1291,658,389'»12,063,707 ' *165,296 notes construction. sold Petroleum subsidiaries expended $25,000,000 for oil well drilling and production facilities, $18,000,000 for refining and marketing improvements and $6,000,000 for pipelines, natural gasolene plants and other facilities. • " * 1042. p. May, other .500.093 1 . railway—— $15,890,390 $17,985,998 $18,672,237 $16,272,651 Net from railway—*—-,-, • 849,828, ■ 1,268,638 ,2,637,774 3,276,222 Net ry> oper. income—: *941,544 *598,795 65,110 1,129,179 > •*>'■■■ •>!„■*' /'• 502,203 Chicago Milwaukee St. Paul February— ''V\ 1950 t. $222,419 ; —-1_ ——— Chesapeake & Ohio Ry.—Earnings— Period End. Feb. 28— ' 1950—Month—1949 v 100,170 1,303,902 r 452,263 1950 From Jan. 1— Federal income 'tax.— 847/> p. from 1949>: — proiit: from Net 171, 1— from, ry. of ground, acres — Net 1,451,549 — Income 'Deficit.—V. , ; railways— Jan. Net was. ~ 3 expended by petroleum subsidiaries, $24,000,000 by natural gas subsidiaries and the remainder by electric subsidiaries. 131,613 1,525,508 oper., income.— Net a' safflower earnings for calendar year income ry. Grogs Dec. 31, 1949, a 100% stock dividend was paid on the $5 par value stock, -which was also split-up on a basis of live new $1 par Shares ' for each $5 paT share held. ,/• ;,j. -1 ; Total 143,774 661,729 from From - Morrill, Neb.r.-> // v : ; formed, in September, 1948 for the purpose oil industry in western Nebraska.. On; corporation establishing 244,150 . funds for in amounted realized expenditures, . railway from jrailway__.i_— Net i$l - been 231,306 260,681 '144,831 *180,171. , , Co. first mortgage bonds due provide funds required for new construction. to acquisitions common, $622,823 railway—— oper. a offering the corporate structure consisted of 500,000 shares -of $1 par value, of which 115,600 shares were outstanding. >' • The offices, warehouse and storage facilities of this company have „ $717,308 provide Edison 3% used proceeds . $749,801 ~ its CONSTRUCTION AND ACQUISITIONS—Gross expenditures by the company and consolidated subsidiaries for new 1947 >145.603 —_ Toledo of were >• ," . 1948 Chicago Indianapolis & the to " . 1949 February— . Prior t ry. Gross Co. par construction from • 'Deficit,—V. . in March publicly offered. 184,400 shares of per share), the" net proceeds to be used complete'expeller plant with grain handling equipment, milling equipment and cil processing equipment. V ; v for The 000 98,-793 » ; '- Chemical Crops, Inc.—Stock Offered— common > $194,761 I Jan. 1— from Net 758,032 81,976 " 151,232 income- 947. p. • 1950 income— oper. From 83.392 Net railway—1— oper. ry. $364,049 48,607 railway railway from Net «1949 ,$384,414 60,954 1— from Net Net i- ♦ from Net 1950 income.— $14,800,000 and to the and Gross $'358,795 railway_/U_ railway—-.. oper. for Chicago & Illinois Midland Ry.—Earnings— Charleston & Western Carolina Ry.-Earnihgs— Gross outstanding of existing $2.39 February— Net in site exposition, production of the pageant and special activities, and administrative expenses." The balance of the funds will be used 2223. p. proceeds exposition general 229,210 _ share per 170, Kelly of Chicago, Fair expects to use approximately $700,000 of the financing "to meet necessary construction, changes structures, preparation of buildings and the the 890,000 $161,431 •— —__ (1355) tures. Quarterly payments in varying amounts are scheduled on these notes, the final payment falling due in 1958. 1 v The Gas Service Co. in October, issued and sold at competitive bidding $18,000,000 of its 27/b% first mortgage bonds due 1969. The proceeds were used to prepay all its - The —311,660,197 $20,081,500 11,400,766 17,751,125 _ state 61,384 ; expenses Dividends paid —V. 51,102 '. \ j. _ $20,020,516 — ' ' income CHRONICLE the amount of such advances and in satisfaction of such advances." underwriting is involved, i "The management of the Fair is vested in its board of 18 directors. The President is Kent Chandler of A. B. Dick Co. of Chicago. The Executive Manager is Crosby M. 1048 $11,609,095 _ FINANCIAL No 1949 , & to ; Calendar Year— COMMERCIAL * • foreign subscriptions and advertisements must be made in New York funds. 4 Net 1949 1948 1947 $161,250 $230,383 $221,437 $170,846 ry. Jan. Net ry. —V. 96,257 80,929 of 46,911 40,940 railway 333,548 461,099 450,957 312,874 111,233 292,929 204,487 130,097 94,603 100,691 171, 42,370 income.:— oper. 1047. p. 58,683 ,v: '' f covering shares 3,600 offered be 2,200 ■ ' ' . ■ ' ■ ' ■ ■ (& Subs.)—Earnings— Deo. 31, '49 Provision Net pioi;t ■«__— Federal for •Earnings per share comparative which .4 —1—;* expenses ...—.... Gross Net —_______ profit Net ry. 1949 1948 620,262 5,486,937 — taxes—— —V. $157,364 $150,624 $150,646 31,632 27,268 36,475 13,228 16,801 17,075 $157,006 24,505 12,148 railway.— 307,838 312,094 297,541 306,368 50,784 57,499 60,028 21,630 31,135 30,094 12,647 from from Net ry. 5,185,943 income—_ 171, p. profit deductions Other (Wis.)—New President Provision ________ Class A dividends Common paid 1,000 shares of common stock (par $1) which was covered by of notif.cation filed with the SEC on March 6 were issued 1259.' •" p. share of common the of Split March on approved 23 shares ry. both held In $1,769,889 $4,795,093 414,246 __ 139,087 income Federal the to resulting interest statement with the SEC registration a 1948 1947 $329,887 *1,214,763 $260,033 $251,599 *1,111,980 *835,857 *1,395,776 *1,304,174 *1,200,473 *901,482 479,383 515,007 418,559 420.054 2,738,099 * 2,757,543 *2;216,774 *1,777,466 *2,946,068 •2,414,569 *1,930,775 1— railway railway income oper, ry. 1949 $275,511 / Income— oper. from -Earnings— "1.306.108 1950 2,938,808 171, p. 948. Net Net ; * • ry. Net from Net 126,211 profit Earnings per common —V. ___ 170, $1,814,830 ry. -Earnings— 577,100 139,440 67,032 21,785 551,700 railway—— 48,419 83,174 railway. income.— 1948 1947 $4,685,379 $3 ,869,356 022,119 1,022,204 6,563 $2,233,634 $2,241,951 86,309 148,710 $0.38 _ — $0.66 share per 1949 1950 • 741,114 80,053 376,513 509,573 8,515,809 9,190,693 1,227,643 1,791,771 1, 571,103 518,585 513,958 858,791 ; . , Holding Eastern JHinnesota Power Corp.—To Cease as 8, ,082,096 1,102,006 ' v;—V. 171, p. 4. 311,871 7,361,841 687,604 income— oper. 'J sales profit after taxes—.——— Net 1949 $4,213,055 221,364 railway-— railway 65,083 171, p. 948. Months Ended Jan. 31— Earnings 1950 $3,234,407 from Net 826,500 ■; 262,943 *20,864 > ; Duro-Test Corp.—Earnings Decline February— from 594,700 87,476 *25,525 '"■*= $279,900 $7.64 share Delaware & Hudson RR. Corp. Net 1948 $454,000 165,159 88,224 2435. p. Net Gross 47,231 *5,613 $3,051,818 $4.54 —___ $307,600 32,965 1— oper. ry. 1947 $278,700 income..^. oper. from Gross 1,576,000 —. Ry.—Earnings— -;'1950* ^' 'v-:v': 194JL railway From Jan. 180,151 50,000 taxes- from •Deficit.—V. Net company.—V. 171, p. 556. '• Francisco, Calif.—Registers San filed 28 February— v Gross from railway—— $4,934,180 319,305 ________ State income and Minority $2,184,135 —_—i,_ Interest charges 1946, but on March 23 declined re-election permit the advancement of other officers of since order 614,722 217,880 Duluth Winnipeg & Pacific 36,337,345 Crane, positions President as March on railway railway from 6 P. 697,744 229,686 Cox Fund, & •Deficit.—V. 35,130,351 income Total income formerly Executive Vice-President, succeeds as President William Schmidt, Jr., who was re-elected Chairman of the board and Chief Executive Officer of the company. Mr. Schmidt has Charles 643,426 253,159 1948 $36,900,240 $41,132,438 operating expenses— Other 'V-,' V additional 531,540 177,497 from Gross Net 1949 r': operating revenues—.—_______ and Operating from the split are expected to be mailed to stockholders on or about April 10. Holders of the common stock will be sent at that time two additional shares for each share held at the close of business on March 31, 1950, the date on which the stock-split is scheduled to become effective. the for Certificates and a announced. board, 110,434 1,091,121 Income— From Jan. - New President — split of each present stock into three shares, Wm. Schmidt, Jr., Chairman stockholders The Stock Approve 115,164 1,258,382 H Consolidated Gas Electric Light & Power Co. of Bait. —Stockholders 121,087 1,204,723 railway from Net 1,907,336 14,860,666 171, p. 660. Calendar Years— Sales Costs ; , 1948.—V. ' under the company's employee be used for working capital. share to Robert L. Smailman option plan. The proceeds w.ll 80,003 1,140,885 February— (& Subs.)- -Earnings— Deep Rock Oil Corp. 317,718 income— oper. Net to $132,700,000, amounted 1949, 1947 $558,951 350,423 Duluth Missabe & Iron Range Ry. :,.i Net letter 171, 31, 1948 $624,680 313,307 1— The Fund 5,313,298 1,907,336 7,207,009 — Dec. at 1949 $582,161 covering 25,000 beneficial shaies.—V. 169, p. 2641. 39,987 2,750,361 " i paid— orders with $127,000,000 at Dec. 31, compared Engineering Corp.—Stock Options— 1950 244,062 171, p. 1C47. Gross dividends 634,210 With SEC— 4,031,000 ■ 38,508 — —. NOTE—Unfilled at $5 per .— taxes—: income Net 1,186,341 670,055 $536,181 railway Dodge 9,793,412 409,127 Minority interest in net income of subsidiary— p. 2127. Consolidated income Federal for 1,216,419 898,099 railway oper. from 8,651,489 1,141,923 4,336,932 Cr26,937 1,575,000 .—_____ — 1,666,G71 525,606 railway from ry. —V. 2,490,265 1,846,667 income V. stock $ 126,087,962 103,095,538 ——_ _—, 291,953 2,421,274 128,578,227 111,747,027 ... ... income- President, succeeding Burton W. Saunders, who will continue as President of the Illinois Commercial Telephone Co. and as a director of Commonwealth. Mr. Moran was formerly Vice-President and General Manager of Commonwealth.— has been elected Holden Moran —V. ry. Net 1948 $ 1047. Commonwealth Telephone Co. The from from Net 1949 __ expenses— Operating Other Total a ' ... Costs and 350,307 2,761,619 948. p. From Jan. . Sales 434,369 3,228,527 1,081,291 railway income— Net Curtiss-Wright Corp. (& Subs.)—Earnings— 1— oper. 170, 5,380,194 1259. Years Ended Dec. 31— 195,499 2.759,184 __ 1— railway oper. 171, Net ... p. 542,683 Detroit & Toledo Shore Line RR.—Earnings— 37,093 income— railway..: oper. Net 171, 1947 $1,145,251 634,136 February— 1947 From Jan. T. from ry. Gross 1950 rallway___— from Net —V. Greenville Ry.—Earnings- Columbus & 1948 $1,450,153 813,177 11,487,393 410,115 4,788,383 Income. oper. from Gross February— Gross from railway—_ —V. ry. Net 1,086,909 10,384,441 charges Federal, State and city 1949 $1,604,297 429,047 railwaj'__ railway From Jan. 10,400,485 1,238,576 —-— —. income Total Other Net Gross from Gross 2583. p. fjorn Net Net income 1950 $1,264,523 February— 1948 9,145,865 Operating income after subtracting deprec.— Other refunding mort¬ Detroit Toledo & Iron ton RR.—Earnings— . ^ : $ 137,818,981 137,902.765 127,352,021 126,214,734 1,321,094 1,287,546 Income—Operating calculated on the 654,311 shares of common outstanding at the end of both periods.—V. 170, were ''• $ Depreciation ferred stock dividends, are stock '•.■''V-.-'Y' Operating ' ' 705,000 _ $148,000 $945,000 Nil of common stock $1.22 earnings per share of common stock after pre¬ profit •The $148,000 - (est.) taxes 25,'48 $1,650,000 6 Months Ended-- Operating ' 1949 Calendar Years— Columbia Pictures Corp. ' (& Subs.)—Earnings— Publishing Co. Curtis : tne general and be made of Bank of National at $10 per share, we have been advised that approxi¬ shaies are still unsold, and that a re-presentation of this offer may be made in the near future. SThe proceeds w,ll be used for working capital. \ notification to mately Co.—Redemption Agents— series G, bonds, 3Vz%, due Sept. 1, 1966 at the Manufacturers Detroit, 151 West Fort St., Detroit 31, Mich., in ad¬ dition to the Bankers Trust Co., 16 Wall St., New York 15, N. Y., and the Natonal Bank of Detroit, 660 Woodward Ave., Detroit 26, M.cn. These bonds have been called for redempt.on as of May 15, 1950 at 104 V2 and interest. V. 171, p. 1260. the SEC on Jan. 11 of a letter of common stdck (no par value) with filing 92,815 railway—— from Net the 46.596 1— from Gross with connection In 19,523 income— oper. From Detroit Edison Immeaiate payment will gage 55,270 railway— from Net Monday, April 3, 1950 Sold— 1950 railway—__ from Gross CHRONICLE Strand, Ltd., Waikiki, Honolulu, Hawaii—Stock Coral Colorado & Wyoming: Ry.—Earnings— February— . FINANCIAL & COMMERCIAL THE (1356) '• From Jan. Continental Gas & Electric Corp.—Sale This March corporation, 27 received subsidiary a United Light of The authorization SEC terests in Hume-Sinclair Coal Approved— railway- Net from Net Rys. Co., on its stock in¬ & for $500,000 to sell Mining Co. and Huntsville-Sinclair Mining ry, ^oper. —V. 171, Company— 1— from Gross railway.. income— ■ . stockholder, of Hume-Sinclair and Huntsville. v-The contract of tively, shares 300 covers (26.22%) two companies. of the and ii r - 99 shares Eastern has for its dissolution and has distributed substan¬ (which consisted primarily of cash and Wisconsin Hydro Electric Co. common stock) to its stockholders. \ ; i ; • The SEC has given interested persons until April 10 to request a hearing' upon the application. V. 169, p. 2208. v";: tially all of its assets (Huntsville, Mo.)-. ': <• The purchaser is L. Russell Kelce, of Kansas City, Mo;, a purchase for an order de¬ completed proceedings Co. officer and director to the SEC March 27 applied on claring that it has ceased to be a holding company. Under a plan approved by the Commission last May, 556. p. corporation ine • (0.9%), Delaware Lackawanna & Western RR.—Plans Equips. • respec¬ VThe company Is reported to be planning the issuance on April 13 of equipment trust certificates to mature serially over a f $1,995,000 . Mr. Kelce proposes to resell a portion of the shares to not more than ten other officers, directors or principal employees of both companies. The sale is a step in consummation Of the plan for .liquidation and dissolution of Continental and United approved bjr the Commission on Jan. 10, 1950.—V. 171, p. '848.V- '' period of 15 years.- Edison Bros. Stores, Inc.—Earnings— , „ , Calendar Years—u 1949 ' • - February—v. *' iqsn 1 q4q : ' 1948 • $5,100,523 $6,274,056 $7,239,741 476,854 1,341,223 Income. 151,768 1,047,915 417,325 10,861,588 1,238,731 railway— Net V'V- 1947 railway- from Gross ' : TWO MONTHS AND FIRST EARNINGS FOR FEBRUARY sales ; Salaries $5,742,465 and • 1948 $74,156,492 $75,026,770 — 57,624,149 Merchandise, supplies, rentals, serv., adv., etc— • wages— 58,267,463 11,730,521; 11,506,526 — ' Net from Net ry. Cook Coffee Co.—Common Stock Offered—Public of¬ fering of 91,250 shares of common stock (no par) at $13 per share was made on March 28 by an underwriting group managed jointly by A. G. Becker & Co. Inc. and Merrill, Turben & Co. An additional 10,000 shares were offered to certain employees (including officers) of sub¬ sidiaries of the company at $12.40 per share (this was also underwritten).: The offering represents-the. first public distribution of the company's stock, but no financ¬ ing on the part of the company itself, the stock involved in the offering coming from the holdings of various stockholders. in Delaware Jan. 1929, under the name Cook Grocery Corp., the name-having been subsequently changed to Cook Products Corp., and, in March, 1950, to Cook Coffee Co. Sub¬ stantially Its only assets are investments in its wholly owned operating subsidiaries, The Cook Coffee Co. (Ohio) and Cook Coffee Co. of Cali¬ fornia. In the opinion of counsel for the company, Cook Coffee Co. (Delaware) is a personal Internal Revenue Code. holding on 3, Gross Net Net —V. within the meaning of the company engaged In selling coffee, tea and other groceries together with various merchandise for household and personal use. Sales are made to the housewife in her home through a system of motor are routes. ' -- . from from 171, tomers and presently company through some 763 the District strategically of established Columbia located and distribution 13,244,488 14,179,319 12,088,134 2,242,357 '2,401,595 2,198,790 981,756 948,587 895,345 r 453,063 income. routes. It maintains 39 regular in operates 15 )■-. Contingent before registration effective upon April extent of Securities the under 24, 1950, for common stock, of $13.50 par share for each six shares held. • » one Act value, of Stock Exchange March on company of its shares of directs received for 29 common that the stock common be CAPITALIZATION—The stock. became effective of common was stock the will fixed be by the company entitled to purchase maximum A of has 3, its Proceeds stock the of additional shares one resold sale to the for each six shares will be funded no 1950, each of debt and no incorporation the 15,000 in with its construction utilized the by program.—V. 171, T Delta Electric Co. (& Sub.) March 28 capitalization which outstanding therefore was as follows: Authorized without DIVIDENDS—The dend of 25 cents par value directors per share Outstanding 500,000 shs. _ 405,000 shs. expect, on in May, 1950, to declare a divi¬ the common stock, payable about June 15, 1950, to stockholders of record about June 1, to consider dividends on a quarterly basis. by the company in every year since 1930. the common stock in the last three fiscal in 1947 and to $180,000 in each of the UNDERWRITERS—The names of the 1950, Dividends Cash years years and dividend and paid payments on amounted 1948 thereafter have been p. 1147. Shares Inc._^ 24,750.: Merrill, Turben & Co.. T. H. Jones &. Co - - - Brush, 15.000 ' The 15,000 ~ Prescott,* Ladenburg, Thalmann & Co.. 15,900 * -& Ohio Go:, & Co Company. Hawley, Inc. $3,791,518 1,961,176 3,114,152 sold__ products p. 291,467 299,580 $243,936 $377,786 15,374 administration and general expenses Selling, Operating Other profit 2,739 income to filed registration a statement with the '.'--r r'-''-v/; be offered for subscription by common stockholders v ''■■■ 1950, at the rate of one supplied by amendment. American corporation covering SEC 1333. share of preferred for an White, Weld & Co. is named as the .', - ' to > Investors Co., In. below.—V. 171, p. 556. Net 88,313 139,671 ——L per $151,985 $233,506 share. $1.35 $2.08 —v. p. 154, common a registration statement with underwriting involved.—V. 169, 1948 1947 $3,869,793 $3,569,668 $2,880,847 1,374,835 1,594,763 1.291,629 1,003,652 income 578,722 676,640 493,625 320,739 railway—6,893,455 7,964,848 7,123,600 6,045,541 2.852,720 3,268.072 2,437,043 2,203,858 1,245,000 1,390,417 846,694 796,002 oper, from from, Net ry. —V. 7 1949 , ■ railway, p. .1950 1— oper. 171, 7; income 948. : ' ' ' ' ; ■.. , : 52. Equitable Gas Co.—Common Stock Publicly Offered— Equity financing amounting to $48,500,000 was under¬ on March 28 with the public offering of 2,000,000 shares of common stock (par $8.50) at $24.25 per share. At the conclusion of this financing the company will be - •February— Gross from from 3,500 3,500. Gross " 1950 : oper. from . income___ 1— . . * - 1948 1949 $3,857,334 railway-. railway, From Jan. _ ry. Gross -Earnings—; Net ry. Shepard, No $3,301,551 . railway— From Jan. 7,348 (est.)— profit filed railway— from from Net Net Earnings 50,000 Elgin Joliet & Eastern Ry —Earnings— 19,012 income taxes City—Registers With SEC— March 24 units. cn ■ February— Gross $380,525 $259,310 deductions Federal Net Deane-fc Scribner^. 3,500 ■ 7.000-. J B»tww; BifcKer 'jfr••Co.^^3,500r ?-*-v o-iai 210" J-V. 171, p. 1147. Tr ■ ■ Total income Other 3,500 Ba<»iv^Whipple. ,dr Co.^.s *7,000"-■ <Singer,. First of Michigan Corp._^l is General The 1948 / Shares . Slocumb Co.—Registers With SEC— 27 :'-V; Elfun Trusts, N. Y. 1949 principal underwriters and the number of shares of common stock underwritten by each are as follows: A. G. Becker & Co. March value). April 10, to be See $2,496,579 of Cost to $150,000 1949.: on par stock Net Common stock, $2.67 ' Corp. Stock Sought— in company Earnings— pre¬ without par value was changed into 27 shares without par value, and a total of 500,000 shares At y''\' Electric Bond & Share Co.—Distribution of United Gas underwriters. Calendar Years— certificate of •' . . $2.14 23,252 shares may be acquired in stabiliza¬ operations and will be stock stock authorized. March on shares of common to $2,526,307 1,537,177 • - the Federal Power Commission for a certificate of public convenience and necessity for its San Juan project, a new pipe line system for the transportation and marketing of natural, gas from the San Juan Basin in nortnwestern New Mexico and adjacent areas ..in Colorado, Utah and Arizona. If authorized, the company will apply Ihe net proceeds of the stock financing, together with funds to be provided from other sources, to the payment of the cost of such project.—V. 171, p. 1260. by amendment, and underwriting terms are to be by competitive bidding. Stockholders of record on April 5 then held. states centers. company amendment By 1048 principal underwriter. The company has applied SEC authorization to offer subscription by stockholders stock (no record the ferred p. company 1950 are de¬ - subscription price for be .— unspecified number of common then held. The dividend rate on the preferred, the subscription rate, offering price and underwriting terms disclosed determined tion 527,550 covering 65,000 shares of convertible second preferred stock, series .-The the to employees. The $2,081,053 1,282,753 ' ; ; El Paso. Natural Gas The SEC of quoted ex-rights until further notice and that all certificates after April 5, 1950, must be accompanied by due-bills.- and profit ~ paid 171", —V. , York New The ■■ Earnings: per common share outstanding livered and Net Dividends 1933, and the making of an oiler by thfe company, holders of common stock of record April 5, 1950, shall have the fight to subscribe, on or 232,520 2,198;924 cus¬ warehouses branch v - The 756,260 1,964,509 amortization charges..^ and 'Federal,-State and local taxes Co.—Rights to Subscribe— . approximately. 375,000 serves 408,612 948. p. connection The railway.. railway oper. ry. Depreciaticn 562,585 1— Delaware Power & Light will The subsidiaries Jan. From not COMPANY—Incorporated oper. 1,016,375 , _ $6,044,100 607,547 1,760,669 252,606 924,151 - railway— ... « u - v 1947 * * •. $5,067,128;, $4,219,113 L704.63L. . ... 1,115,285 : : — 673,223 10.373,203 8,548,756 3.2S7.808 '1,629,790 2,130,655- >- " Net from Net ;ry. -V. railway.— oper; Income-j 171, p. 948. t -1,351,020 ^31,758 2,780,001' 1,464,030 . 1 98-7; 229 V'"J■ ' f • .'.J ... 990,293 " 8.348,698 V 11,210,181? taken • *i y -'/I .. a publicly, owned operating utility. The stock is being .sold, for;the account of Philadelphia Co. .in compliance .with; a;diyestpient order of-the SEC under the Public Utility Holding Company Act of 1935. Kidder, Peabody ,r & Co.; Merrill Lynch, Pierce; Fer.ner & Beane and White, •, ' ' .. Volume Number 4895 171? Weld & Co. THE: 'COMMERCIAL : & joint managers of are the of investment r';" a group financing is the final reorganization of the step in program a 'First GIVING -ISeiles due Jan. 1, 120-year 3%% 2.80'/» ' bonds: mortgage stock common and the number respective Kidder, Peabody & Co Merrill Lynch, 'Penner & White, 150.000 & Co.__ Allison-Williams Co.—— Aim, Kane, Rogers & Co. Securities Corp. Ames, Emerich & Co., Inc. Geo, G. Applegate & Co._ Lester 150,000 Mauley, Bennett & Co.— loans, Baker, Wdbks ts Harden. 12.500 Ball, Burge 4s Barrett 4s Barth J. _ Kraus McJunkin, McKelvy Ss Co.—i—z__ Merrill, Turben Ss Co.- 10,000 G. A. 4s Co., Inc Becker 4s Co., Inc._ Whelen Bidreu 4s Inc._ - Inc. C. J. ___ _ Bradford Brooke Alex 4s Burgess Burr 4s & Inc. — C. W. P. Carroll 1,000 Rambo,< Close 4s 1,500 V Chaplin 4s Co.— lo.ooo Cherrington 4s Co.__ Revel Miller i Si Robinson 1,000 6,000/ Salomon Claybaugh 4s Co. 1,000 H. Securities 1,000 R. Inc. Clarke Corp., Corp.. Uo.__—_________ C.C.Collings and Co., Julien Collins 4s Co Crowell, Wcedon & 3,000 Co. Cruttenden 4s Co Cunningham S. 'K. & 10,000 2,500 — Co 2,000 Cunningham 4s Co., Inc. 4.000 -Pomeroy, Schwinn Henry Dahlberg 4s Co 2,500 5,000 Ss Inc. J. -M. Ss Horner B. Co Davies & Mejia Davis, Skaggs & Co R. L. ; 4.000 & Det'ner & Dewar, Draper. Sears I. A. G. Dillon Edwards Elsele & Stout 4s Co.__ Evans — 4s William Stern, Frank <fe Meyer— 10,000 Stix 15,000 Walter Stokes & Ss Co.————— Straus Co., CoL— Staats R. Co Blosser Ss Faaset, Steele & Co Ferris & 6,000 California Co' First Suplee, Cleveland Securities Corp. Co. 6,000 10,000 of Yeatman —/. Co & Sutro Inc. Corp.— Co.- Folger, Nolan, Inc 3,000 Thomas & W. 1,000 Townsend, Baker Ss Co._^ — Dabney 5,000 Grant-Browrell 1,000 ;; Tyson _— Townsend, Graff & Co.__ 2,000 Tyson & Co., Inc 4,000 Vietor, Green, Ellis 4s Anderson— Grubbs, Scott 4s Co., Inc. HaUgarten 4s Co Halloweli, Sulzberger Carter & Harper & Co. & Turner, Inc.—_ 1,000 Miller & Co Hayden. 4,000 "* V ' Hemphill, Noyes, Graham, 4s Parsons Hickey J. B. A. 50,000 Inc Co., Richards Hill, J. & Co.—_— Watling, Lerchen & Co— Weeden & Co., Inc.—_— H. Jones T. Williston R. Harold 6,000 Woodcock. Arthur Wood Ss & Hess Ss Co.—_ Inc. 7.500 Kidder 4s Co.— 5,000 1,000 Yarnall 8,000 Co., Inc. Zuckerman, Smith I.aird. Bissell 4s .__ Meeds Aubrey Lanston & Co., Inc. W. C. Langley 4: Co DIVIDENDS—It is the cash intention position and declared other a —— Wright, Ss relevant $1,042,377 $902,428 204,266 196,672 105,518 88,288 95,045 2,278,577 1,884,692 Young Ss — the McCulloch -Mr. months this 2.651,117 2,098,092 936,925 306,374 503,776 403,605 475,377 ;; 126,431 225,512 216,393 U. the of & Co. for account for a desire of Elected S. Navy Board. that be needed to Equitable Gas Co, to He •' / (retired) joined this elected was 1949. the later large and factors. dividend of On 32!/e March 21, cents per taken for the first to the date to provide volume of business produc¬ last as directors to declare stock might working capital hand.—V. 171, p. 948. new additional 30,000 shares of common stock (par notification filed with the SEC $1). reported March on covered 16 by those are outstanding stock purchase warrants which give holders the right to purchase common stock at $3 per share prior to July 31, 1950./ The proceeds will be added to Working capital.( •:U Total Unfilled Order Backlog Now Over $1,000,000— The order corporation on March 24 announced the receipt the Commodity Credit Corp. for aluminum from of / $631,440 a storage This order, together with more than $300,000 contractual metal on hand, brings the company's unfilled order backlog to more $1,000,000.—V. 171, p. 1260. bins. work than grain Domestic Subsidiaries Excluding / f of- its Net sales to Southern Papcrboard Corp.) received income from affiliated — $42,888,118 $45,801,106 998.095 > 842,465 59,161 cos._ ——— Total income — 34,054 $43,945,374 $46,677,625 34,055,512 34,280,616 4,274,329 4,131,881 1,120,443 878,847 — sold,—-—/— Administrative, selling and general expensesDepreciation of buildings and equipment——. Interest on funded debt ——-— 347,778 , — pfd. stocks of subs, consolidated. Federal taxes on 357.411 75,450 39,000 1,526,610 2,581,025 K income income $2,687,700 170, ' public 16,500 shares p. 695. ■/; /1, • • / ; SEC and Unci. 8,50© Net $4,266,397 from ry. Gross Sprinkler Co. and Eagle Miscellaneous Prov. income Net income for U. S. -• -.Net Earns, —V income Canadian inc. Signal Corp.) $1,423,980 $1,638,934 536,129 625,321 119,674 109,583 - ' $771,177 $904,030 ' per share on 171, p. 4. 357,912-shares outstanding ■ -par no > stock.— preferred va.ue </ /.:• <. •. . the Issuance .7 of an / - order; bh ■' ' •?/"•/ . 1-950 $569,293 52,682 .1949 $619,980 47,104 ; 38,069 1,190,906 / 113,931 oper. 7 income 171, p. 1947* 1943 $644,972 63,672 31,941 - 22,952 1—7-,/"'T .//*•"! railway—_ railway-—,- %fl-'/ $628,333 . 15,423 *20,612 j! 1,346,382 1,335,504 1,294,422 148,112 140,347 72.551 107,800 , 83,504 1,191 , 82,945 948. ; Georgia Southern & Florida Ry.—Earnings— 1950 February— Gross irom Net ry. $593,600. $460,997 131.931 164.622 87,849 52,643 27,109 50,140 17,595 1,249,077 454,456 1,172.372 1,208,003 984,834 255,177 336,292 219,958 117,647 54,265 100,139 68,515 220,70.1/ railway—-— oper. 1947 1943 1949 - $564,605 $623,345 railway--^- from Net income— / From Jan. 1— ry. —V. railway.— from from railway oper. — , income— 171, p. 948. Gerber Products Co.—Common Stock $2.15 $2.53 Offered—An un¬ derwriting group managed by A. G. Becker & Co. Inc., on March 29 made public offering of 130,000 shares of common stock An addi¬ at $29.75 per share. (par $10) 10,000 shares are being offered by the company direct to employees at the same price, without under¬ tional writing. This latter offer will expire on April 12. PROCEEDS—Will to increase be used to provide additional physical GIVING EFFECT TO PRESENT FINANCING Authorized sink, / facilities working capital. CAPITALIZATION 3»A% — — and Depreciation ; ; : 4Vat fe taxes—_— . its announced income— ♦Deficit.—v. $2.20 1949 $1,597,583 41,349 — 23 railway from ry. 1,779.888 1950 $1,388,888 38,092 — — 1148. oper. Net'from $1.31 (& Subs.)—Earnings— Rockwood « Georgia RR;—Earnings— 358,575 2024. Feb. 28— operating profit before inc. taxes & deprec. of :;/ ■;; J./ 1,245,922 . 9 Months Ended l.ooo March on February— ..■/ Gross from railway. 1,779.888 outstanding.— Gamewell Co. 4.000 : -acquisitions and to?- provide funds for cohSouthwestern .Associated is - issuing 47,200 shareS stock to General Telephone Corp.' and plans to sell purposes, .authorizing this company- to issue and sell-at competitive bidding $15,000,000^ of first mortgage bonds, -due 1980, the proceeds to be applieid to the company's cvustrucuon program.—171, pp. 358,575 stock—.——— 100,000 telephones - Georgia, Pow«r Gn.-^Finandng Cleared— The 1,245,922 — common ' v, March- 21 and Net that later both will be merged i into completion of the planned mergers, Upon 1948 1949 customers————_+_—_ divs. Associated. common the to V/ m, Net Calendar Years— Miscellaneous Asso¬ finance: the-above - Net Galr Co., Inc.—Earnings— (Robert) p. the To struction Gross (And Southwestern plant investment of '$20,000,000, with gross revenues run¬ From Jan. for reserved £b a the motion on the grounds on It is expected being. total a 1261 order of —V. share, on and Net The transferred ning'at the annual /rate of <$6,600,000. two Fox Metal Products Corp.—Correction— letter being Southwestern Associated .will - have* approximately Net for 1950, / was ' motion is . Indications are that the. same high level at Mr. McCulloch opposed some shares establish , corporation service time the Southwestern > orders ' /": a stock and, at the same tim.;, another subsidiary of 'Telephone Corp.; namely, < Prescott * Arkansas Telephone Corp., is being taken over -by Southwestern "Associated. • Both Two States and Prescott will 'operate as subsidiaries of southwestern Associated for •' and its predeces¬ Chairman of the active from 300,00© share authorisation to market Earnings I, Sept. 1 This Two -States 10/ over the same period in 1949, foreign and domestic business would maintained be defeated at with coj>e while that continuing - ciated .Telephone -Co. Chairman—New Board, comparable to will extra an the added.,/-. stock dividend, 5%. retire to off about were the year, 1950 he Total of corporation on March 27, 1950 acquired the stock of Two Telephone Co., < which operates some 11,200 telepliones in Texarkana, Texas and Arkansas/ and; 5,400 telephones. in the cities of' Clarksville, Jacksonville and Sulphur Springs. Texas. The States General i W.. Mills, stated year felt -that Common 1,000 1,500 /' V": * who has served the corporation and who was recently appointed 1906, expressed 2,000 10,000 Co.— payment dates on March 1, June quarterly >V 191,538/ on dividends I£ec. 1 with the declaration necessarily dependent upon, earnings, directors Earle elected ZVica-Cbairman 25,000 regular quarterly dividend and 1,503 Board, 325,000 sell to , 191,265 385,435> McCulloch since Authorized— authorization SEC General 'Telephone. Corp.—rAcquisition, Etc.r^ his retirement frofm the Navy Department as Chief Ships and was elected President of the corporation weeks ago following, the death of Harry S. Brown. ; / : seven David 3,000 Wood Ss Co._Z__ Wurts, Dulles & Co— F. S. Yantls Ss Co. Inc.—' Co abput sors has /received 1947 , Co. 7,500 Kormendi early. last year corporation - 1948 Co. & 4,000 M. 1949 $1,205,832 * $1,033,487 - Chairman . 4,000 Co Co.___7___ John and Common 15,000 Wright The of the common stock of Staten Ibh.nd EdiS 'n Corp. to Con¬ solidated Edison Co.: of New York* Inc., for a base price of $10,720,000, it was announced on March^ 2d.—v.. 1,p. i,^. . ;//•' Denver City Ry<^-Es\rnings~-. Preferred dividends Richards 4s Co._ Kebbon, McCormick 4s Co. A. 1,035,472 shares 5.000 Inc. L. General Public Utilities. Corp.*-—Sale 1,909,968 - , 961,664 of 1 the -Bureau, of 3,500 & ——!— Woodard-Elwood E. Co & Douglas McEvoy 4.000 4r 931,751 3,000 8.000 Kay. 1,005,910 -1950 Admiral Vice •. President Inc. 1.500 Inc. 473,154 1,741.042 of insurance com¬ 5,938,713 Foster WiiCelcr Corp.—Mills on Johnson, Lane, Space and Co., 494,430 6,074,498 income—- for Winslow. Jenks, Kirkland & Co.—__ 530,913 same group panies that purchased $75,000,000 notes in 1949, and $25,000^)00 3%%. cumulative preferred stock to General Motors Corp., its parent.—V. 163, p. 2437. $2,833,691 899,607 835,757' ■ Financing Probable—- Provision J. i $3,017,5971 943..,/;":;,/////?^ 171, p. Dividends 1,500 Corp.—Financing Program $175,000,000 of five-year 2% % debentures, $25,000,000 of subordinated notes to the 1947 5,840,371 railway—— oper. 1,000 8.000 Hogle 4s Co 6.000 5,000 Associated/Development & Research Corp. above. General Motors Acceptance - 7,500 Co C. T. Williams & Co., See *//////" 1,792,990 ■/ 1,599,680 , railway— Whiting, Weeks & Stubbs 7,500 Son— 8,000 Split- $0.50 1948 ': 903,256 ^ 5,632,099 -■ Cost of goods /— Westheimer Ss , Gencral Computingr Machines Corp., N. Y.—Plans ' •/' / railway—_ Interest and Hoffman & 4s Jauney 4s Co.— 2,000 Goodwin Co.—— 4s Hiiliard from ry. —V. 20,000 Walston, 2,500 $0.56 / » $2,934,923 538,403 f railwaj'——/ Net 10,000 2,000 Walker & Co H. G. 5,000 , Up of Stock and New Financing— 10.000 3,000 Co Harrison H. from from Net ... 8,000 12,500 Co. 7,500 Lunt— & 1,000 3.1)00 Ss Dann Common, ; < *1949 1048. p. Gross, from 8,000 Wagenseller & Durst, Inc. 4s Co. Hamlin Harrison J. —„ 15,000 ..." • 1,035,019-: Net ry. oper. income.— From Jan. 1—- & Granbery, Marache 4s Co. Co.i— 40,000 1,500 — Thayer, 4s 2,000 3,000 Charles A. Taggart Ss Co., Temple Securities Gibson 4s Co 1,000 12,500 3,000 10,000 1.500 Chicago C. Gross ./ ; 1,500 Co., & Inc. 6,000 Co The First Stroud & Co. Inc—z—— 2,500 Co._ 4 * . Fort Worthr& ' tion 6,000 4.000 Chapman 4s taxes/— $2,889,378 income //February— year, 30,000 1,000 5e000 1,500 ... - Sperry Si Co.——— Inc. Farwell, First Co., - 2,000 Co.— 4s A. Inc. 4,000 Corp. railway—— Stockholders S. Smithers Ss Co.- Smith, -Ramsey Ss 3,000 Co Equitable Securities Clement 50,000 192, p. > 1950 1 $3,916,806, $3,251,330 198,410"' 178,091 Ry.~Earnings— /;// ^-/// 1950 ' 1^49 oper. 171, 15,000 Smith, Moore Ss Co.—— 1 171, railway— V railway._____ from it .was 3,000 5,000 F. profit alter income from ry. 12,500 —_ Smith, Bishop & Co,——_ Lebaire, 4s Co Singer, Deane <fe Scribner Co. Sons— Net —V. 1 jw»0 6,000 3,000 Inc.—— 3,500 Cc._— Morris Estabrock Shuman, Agnew Ss Co.— Sills, Fairman Si Harris 10,000 2,500 4s 4s King & Elkins, Shields Inc.—— & Co Pont du Eastman, * Bogan & / * • 15,000 Hammill Ss Co., Paul & Sheridan Pan- Merle-Smith Francis Co. Security Associates Co.. —— & Ss Scranton Shearson, 2,000 coast Dick W. 7.500 Co. //■'//. 2,500 2.500 Robertson 4s 1,000 — Chas. Townsend, Crouter 4s Bodine______ 2,500. 1,500 < Mason, 1,500 Dempsey & Co ;• > 2,500; >— 8,000 Day 4s Co DeHavcn / 12,500 Co ' ', * sales From Jan. 1— 2,000 / Schwabacher Ss Co Scott, 4s from Gross 12,500 - Hutton Ss ' "■* Inc.———v, 12,500 Schoellkopf, 1,500 Dam Hutzler Ss Bros. Sattley & Co., Inc. Schmertz Ss Co.; C. Schmidt, Pdole Ss Co.—— Schoellkopf & Co.— L. ; __— : Inc. 5,000 Inc. V. Co. Feb.23—. ; share—- per and'Lukens \V. Clayton Cohu 4s /, , 2,500 2.000 Blair P. patrick Gross Net Co.— & Reynolds Clark. Landstreet 4s Kirk- best conjectural and,, in; any case, to operate a company by con-, centratlng on possible tax , sayings rather/, than by beiug guided by tbe major business considerations was unsound.—V. 171, p. 103. -Florida East Coast V 5,000 1.000 profit February— .. Kerner Ss 15,000 Co 4: at —The corporation is ^planning to sell to national banks ' Richard Clark , Such ' 6,000 Gardner Ss 2,248,650 advantages/of retaining United Gas in Bond and have been .exaggerated .in/their importance^ Mr.- Linder said. savings that-might accrue to--Bond and Share stockholders,; were Share 4,341,453 1,470,458 •/- ■ net 'Revised,—-V. 3.000 Reinholdt the , 1,000 ■<?'* 15.000 -3,000 Rosenthal Ss Co :• 1,500 Rotan, Mosle Ss Morelahd 7,500 E.. W. Net 1,500 Reed, Lear <fc Co—_ War- 1,615,352 / 1,981,426 : Consolidated net 15,000 40.000 Whiteside, Sears, Inc Consolidated ;Net Ss Co.—-—-, 1,500 171, pi 943; 6 Months Ended * 1,500 _ 4s Co., Inc._ Republic Co. (Inc.) Cliace, ren 4,000 —_ Quail ; 22,903^629 5,936,887 Etq Manufacturing: Co. (& Subs.)—Earnings— ^ Winslow, Ss —; Co.—— Cassell Central 50,000 1.000 Co — 1,500 1,000 . had ho legal right, . 27,321,145 „_ Peters, Writer Ss r Christenscn, Inc R. W. Pressprich & Co. Preston, Watt Ss Schoyer 2,000 Under, stated -that .his.7counsel, had/ advised, that Bond an4 . to retain United Gas. and become exempt Holding-Company Act as the amended Plan III proposes. However, aside from, the. legal question, he. said it was lairer to* shareholders-andr made-good business-sense to distribute the United Gas stock. Moreover, shareholders should, not be compelled to become involuntary; investors to the extent of an additional $50,000,000 in so speculative ad venture as is being proposed. 1947 24,935,378 >4.902,564 4.231,433 v —— Palmer West Inc. 22,077.038 ' Net from railway— 4,000 V" i- ; / Net ry. oper. income-— , Webber, Jackson Ss : S. ry. —V. '3,000 Co.—_ Penington, Colket and Co. - 4s 1,000 California.' Northwest Perrin, ■ ________ Net assets. The so-called. tax> railway— railway—oper. Income— from 10,000 ' ' Securities of 1948 > . Gas , 20.000 , — Curtis 1,000 1,000 Canady 4s Co., Inc. Co. Roger 40,000/ __________ Campbell & Robins, Inc.— Lee Paine, 12,000 Phillips Co.—__ Campbell, McCarty 4s Co., L. Pacific ///''Z;/1 Caldwell —— — Pacific to other Mr. vrailway__—__ from Net 3,000 1,000 Co.— — Coast 2,000 ___ Co. Ss Co Co. 2,000: f (Inch Byrd Brothers W. Pacific > 2,000 Inc.. Sherrerd__ & Byllesby Ss Co 15,000 Co.—____ Co., Butcher H, M. and Ohio 5,OQO Sons____1_ Leith— & Buruham 4s The Otis 1949 on March 727 urged the SEC that .should« be ' requireu to distribute its Co. United Replying- W. the- -earlier testimony, Mr; Llnder ' expressed the convic¬ that, the tuture plans of Electric Bond and Share will be more than amply financed through the • retention of the $20,000,000 to $25,000,OOO of liquid resources other than the United' Gas stock. with statement Share & tion __ 2,000 Co O'Gara 1,000 Co.____ Brown Alfred 15.000 __ Co registration a 1950 > $392,327 853,977 Mr. Linder .testified at .the SEC,hearing In Washington, D. C., in opposition to amended Plan Jll. of Bond and Share which contem¬ plates the retention of the onlire United- Ga-a stocknolding, in addi¬ From Jan. 1— Gross 7,500 Ss Newhard, Cook Ss Co 1,000 & • ' 1948 $7,161 , 1,500 Co. Newburger tiled railway/— $10,411,767 $11,913,047 $14,387,402 $11,053,487 « 1,035,925 / 2,307,181 3,828,185 1,959,842 Net ry. oper. income. 852,432 935,422 1,617,435 634,425 - ■ 5,000 ////>■-/ Biamhall 4s stein , S. Moseley Ss Co._i.__ ...10,000 Mullaney. Wells & Co 1 1,500 W. H, Newbold's Son Ss ' 10,000 Co and Basworth, Sullivan 4s Co., 27 from from 1949 - — —545,933 and Share "common stock,/ EriftJ#*.—^Earnings—: Net ' Corp.-stock to Bond and Share s stockholders/ "General American owns t>O,0u0 shares 01 electric Bond, tion March on February— Gross, F. •= 2,000 4,000 Boenning & Co Co.—— Cabot Ss corporation' Z •"' * ; $50,000,000) holding of 1260. 171, p. '' ' taxes. F."'Under/ President, Electric 'Bond from ■N 2,000 12,000 8,000 40,000 , Tiilly Ss Co. Leonard Ss Lynch Moors Harold -> Share 7,500 George.. Moore, ,. The l.ooo f, Ss Mitchum, -* , Miller C. Milwaukee The 25,000 & Simmons R. & 7,5Q0 & Co. Blankenship, Gould 4s Biakely, Inc. ; Bocttcher Ss redeemed be to the SEC covering. 500,000 shares of -capital stock to be underwritten by.. Pacific Northwest Co., Seattle, Wash.—V. 157, p. 2684/ " * 4,00© Co. 50,000 Co Rollins & Co., Blunt Ellis Miller W. 0,000 Biddle, Blair E. t Exclusive, of -$210,000 . after /General American Investors Co.* Inc.—Urges United Gas Stock Distribution/-by E. B. & S.— / ' 2;000,000 shs. • ^Equity fond, Infj., Seattle^ Washu—Registers With SEC 4,000 Mid-South. Securities Co._ 4,000 Bate-nan, Eichler & Co.— Battles - 3,000 3,000 Co.— indenture. 3,000^00 ; ■ 2,850,000 shs. , dividends.—V. 5,000 5,000 2,000 Co 4s *, 2.000 . Gauley Mountain. Coal €».—Earnings— Tonnage for' year____ —V. 170, p. 1597. 5,000 McKee S. value) par 5 due __3,000,000 ($8.50 by $11,500,000 ' debentures, along with cerlam other securities, . are to be exchanged for the outstanding 6 Vo preferred stock of Philadelphia and preferred stock of The Consolidated Gas Co. of the City of Pittsburgh as to- which Philadelphia Co. has guaranteed certain 5,000 Co., Inc. Patton Si Co. & Co.— 1,500 15,000 C. stock vput3tanding $43,580,000 175500,000 1973, ZV+ty*, bank • incl. 1959, Unlimited Authorized - these 1,000 Co.__ * Calendar Years— Co. 10,000 - (1357) Net income , 2,000 * Co.—______ Carl McGlone: Ss * • j To be issued io Philadelphia Co,^ Under the amended plan Standard Gas & Electric Co. for Simplification of Corporate struc¬ ture of the Philadelphia Co. System, as, amended, it Is stated that 40,600 Company. McDonald-Moore- & 12,500 I &vCo.___; Masten McDonald 4s 2,500 Redpath Eache E. A. of .record FINANCING 3,000 Inc. Moran & Co.—— Mason, to *6,ooo Mason-Hagan, 12,500 ~ 1.500 Arthurs, Lestrange Ss Co._ AOchincloss, Parker & Co—/— Laurence M. Marks & Co. * 1,500 1,000 American & stockholders of './Shares Lee Higginson Corp.—-/ 30,000 John C. Legg fc Co. 7,500 Pierce, Beane— Weld CHRONICLE PRESENT hv 1950. ..-■ 150,000 1951 0 :''//■/C ■"/'■ ■- to TO sihk. fund debs._— installment Common underwriters of the shares to be purchased of by each are set forth below; Shares / principal the oi names 1,. IdaQ, . EFFECT - . UNDERWRITERS—The FINANCIAL payable June .CAPITALIZATION initiated in 1947 for the natural' gas properties in Ure holding company system of Philadelphia Company, and as a means of facilitating compliance by Philadelphia Co. -with -the SEC order. Philadelphia Co. has transferred its ownership of >ttte entire common stocks of Pittsburgh & West Virginia Gas Company .and Kentucky West Virginia Gas Co. to Equitable Gas Co. The resulting threecompany system will be engaged in the .purchase, production, trans¬ mission, storage, distribution and sale of natural-gas. . . , *; ;/• current f May 10. 1950. banking firms which is making the offering. The common, stock,, ' ■ ■ fund debentures, du? 1963 cumulative pfd. stk. ($100 par) Common stock ($10 par)— —— $3,500,000 24,265 shs, 1,000.000shs. Outstanding ; $3,262,000 14.115 shs. 660,000shs. COMPANY—Organized in 1901 in Michigan as Fremont Canning Co., and assumed the present name in 1941. Company was formed originally to engage in the packing and srle of a staple line of canned fruits and vegetables for adult consumption. In 1926 it initiated experiments in the commercial preparation and. packing of strained fresh vegetables and fruits su*table for infant d et arid, in 1928, on the basis of these experiments, Introduced a line of canned baby foods. As the baby food business developed' the company diverted an increasing portion of . its facilities from adult food to the'newer line and finally, iu 1944, discontinued altogether the production-, of adult foods. •<'"*. 'The company owns three plants, one at Fremont, Mich., where; its offices are located, one at Oakland, Calif., and oneat executive Rochester, N. Y. Production plant at Salem, Ore. is also, carried on in space leased jtf'A ^ ' ' " 6 (1358) THE UNDERWRITERS—The of the of shares shares ot be to the of names several underwriters of offered stocK common the to G. A. Becker American & Co. Robert Inc.— W. & 31,000 Corp._ Securities Whipple 2,500 Ladenburg. Thalmann & Co. 10,000 Lee Higginson Corp._.,_,._.< 5,000 2,000 Merrill, Turben Co Baird & Co., ; Inc. __— Baker, Slmonds William Blair Central & 2,000 Co.2,000 Republic Co. (Inc.! 8. Dickson Clement 2,000 1,000 Co. Evans A. Inc & of & Glore, 1.000 Stroud & Vietor, Common, Forgan Weeks— & H. —V. 171, Co. The first 2,000 — Inc.— Dean Witter & Co.___—— 2,000 10,000 of stockholders — also March on pension represents of all pension collective in provides for bargaining agreement until agreement employees and crease with ten a Idaho the 171, due Co.—Bonds redeem on 1978, ». and April the Placed Pri¬ ;.r:\ for - 1 are to be delivered on account of such sales, and that Blyth & Co., Inc. is offering the remaining 26,769 shares of unsubscribed stock at an initial public offering price of $21.50 per share less a concession to dealers of 75£ per share.—V. 171, p. 1262. construction v; investment fund whose not the cover SEC in full a investment initial an to holders of 15 record as the 171, p. quarter mid-January.—V. ad¬ dividend March 31. Fund Kansas City Power & Power plan benefits, including United the Rubber funding A !•',, Workers, > - < $8,000,000, insurance will effect 1, will preferred remaining funds in the stock 900,000 but expected the to year. stock, be financed be to sold oper. revenues- E. Net from ry. at Railway in part by the sale of shares of the company's service territory. jn will be obtained ironi cash hand on and • Grand Trunk Western Ry.- -Earnings— ;v. ' February— Gross Net >1 " ' 1950 railway— ; $3,284,000 railway 257,564 from Net ry. issue to 5100;. (par has company extension applied 20,000 the to shares 4% Power Commission cumulative preferred for ■ to into enter ry. $3,819,000 618,637 $3,209,000 - 501,821 Railway Net rev. 99,521 Net ry. Net Income 7,209,000 7,530,000 7,706,000 6,652,000 862,868 940,743 855,318 1,123,913 income.— 156,455 260,051 *36,255 oper, ' . —V. Februaryfrom railway from railway Net ry. ~^V. 1950 1949 1948 1947 ? $283,313. $311,438;. $238,174 1 75,335 112,229 69,056 34,752 32,443 39,419 564,050 567,942 592,445 >157,924 133,911 183,260 73,475 36,034 52,576 Net > —V. February— from railwayfrom railway.— 115,936 , 171, ry. This 1949 $5,946,401 1.371,622 $6,115,494 1,412,325 1,356,784 536,185 470,000 471,423 11,076,231 12,333,354 12,642,254 11,271,810 2,370,279 2.854,853 2,851,465 875,315 1,103,645 2,722,888 < 864,736 1,250,768 489,243 1943 • • 1947 • be — income. 1,005,971 ■ , Hall Greeting Card Co.—To Build New Plant— estimated the corporation which it tmde will expects to offer will bushel of wheat. 127,207 : that "at staff present program is of least 300 trario The either be the on 1,500,000 ratio of no shares of par share one of 18,668 shares of about a Of for sold a total of The unsubscribed balance of 2,457 shares of stock will be offered at auction in common Honolulu, Hawaii, at See also V. 171, p. 1048. Helicopter Air Service, Inc.—Earnings— INCOME STATEMENT FOR TO operating revenues Operating expenses ; Agoortization of preoperating for Federal income PERIOD DEC. Total or a 31, FROM "> 20 Employees subscribed were February— - ■ * ■ Gross from railway_„_ Net Net for at ry. $85 share, per were p. for or $98 447 96,069 2[251 expenses ' taxes President director of 27 March 20 ' on 1149. < < " . Gross from ry. $2,430,168 486,877 1— from Net of Chicago Railway Equipment Co., has succeeding Victor M. Harding chosen (re-elected). The on March 9 on declared railway initial quarterly p. dividend par value) The as com¬ well as 1495. $2,556,724 $2 202,445 306,355 323,160 286,967 V 2,471 *19,484 < ~ 68,389 i.v '. 5,135,501 tOT Hood the on 5.6 / recapitalizat on plan preferred stock, par < a first XXX•: / v ■' exchange of five shares of ■ new stock, plus >■<.:>: first preamount an of the call price over the init al public first preferred. «V The prior preferred stock ;> preferred stock net exchanged.—V. 171. p. 752. # excess new will all as p. offered share The York of the U. S. . 5,357,382 for will Court for the of has B. been 1932. He has F. been elected Goodrich Stock Exchange C. the Presidencv of this L. in charge of who manufacturing died earlv J in question Investors SEC—, a charter the of future Syndicate .< . corporation covering amount • authorizing to be designed as of April common hid, 11, 22, at to .stock price of 171, p. a 1950.—V. notice Inc. issuance on of of such ' " additional an stock * preferred < . stock, of if with Y., 169, March from the fixed as a right to purchase <■ the ratio of $2.3712 one new share. per company record share The for rights 361. 171, cf offering of said the principal 849. p. , separate a p. filed a registration statement ! with series 15t and $46,000,000 of series 20 underwriter is Investors Diversified 1562. delivery exchange 949. * . at plus the initial accrued in¬ . 1949 1943 1947 $53,570 $54,279 $59,276 *86,871 J. *71,537 *55,585 *97,232 *104,376 *38,432 *71,869 101,673 107,199 105,146 117.431 railway.._____ *164,603 *173.345 *197,096 *214,047 *134,855 *189,890 *115,693 income™ Jan. * *83.374 1— from railway Net from Net ry." oper. Deficit.—Vol. 171, p. *143,937 950. Lehigh. & Hudson River Ry.- —Earnings— February— Gross 1949 ; * ; 1950 v;': 1943 - rail way. v $182,873 $212,423 " $293,520 railway.-—31,583 46,910 96,582 from ___ , Net from Net ry. income. oper. From- Jan. Gross Net 1— __ '- / . . from ry. railway railway-—_— 171, 104.610 34,261 ... -'■? 37,557 'i Y outstanding Nov. & temporary 1, Trust 1978, Co.. bonds of are New this - 469.833 552,048 568,158 70,225 105.680 127,505 193,250 *256 220,039 950. p. 9,991 . 1947 $283,769 382,160, income—. oper. Deficit.—-V. i *1,139 • =- from ■ j 21,747 : '69,204 ' Lehigh & New England RR.—Earnings— February— from from Net ry.', - from ry. $360,187 < income— 37,120 . 1949 1948 $438,465. 21,389 > 1947 $613,432 163,494 $346,240 47,346 86,680 *13,716 65,406 - 11.613 1— a. from Net 1950 ; . railway—— railway—™ oper. From Ja Gross railway—__ 818,356 income. "Deficit.—V. 990,663 1,197,083 877,656 85,332 193,397 290,371 163,355 94.881 . railway— oper. 126,442 157,474 100,479 171, p. 950. Lehigh Valley RR.—Earnings— February— Gross from Net bonds, 3&% series due at the Chemical Bank for • 1950 ry.*oper. income___ * made was thereof I Ishpeming RR.—Earnings— $49,040 Net Service Co.—Definitive Bonds Ready— p. Superior & bonds amount . „ 28 The mortgage for in public a 171, from Gross au¬ „ the Co., Inc. 100.75% . America, Inc.—Registers With ; $13,000,000 of first available & and of Gross Canada, > .- was 1950, receive in from Net preferred - . certificates. Inc.—V. N. of has received March railway____ railway______ : V . amendment capital stock, Iowa Public now be 24, 1950, the company sold and delivered to Halsey, Stuart & the $2,000,000 of first mortgage bonds, series C, 2%%< due 1980, at 100.16% of such principal amount plus accrued From company wishes to position to issue preferred stock in the event it becomes desir¬ able and appropriate to do so.—V. 171, p. 1149.. York, be ore were publicly offered at an initial price of $24.25 share by a group of underwriters headed by Robert Lake on value of $50 per share. series.—V. the to share 'stockholders February— of March 27 received SEC authorization to seek stock¬ of shares of Definitive Muench with cents) the basis of held.-'Unsubscribed stock will on subscription warrants which expired on Feb. 27, 1950. remaining 4,536 unsubscribed shares of common Gross directed Boston, Boston, Mass.. and Royal Bank Toronto, Canada.—V. 171, p. 558. • Co. Vice-President succeeds 150, p. 435. to share Lake Superior District Power Co.—Stock Subscrip¬ tions—An aggregate of 36,426 shares of the 40,962 shares of common stock offered by the company for subscrip¬ tion were subscribed at $22.25 per share for by holders terest.—v. : District a The per business shares seven 1, interest: *10,172 of approval the SEC of .common shares expire 577,209 thorized by the stockholders, would require the filing application with the Commission at that time. The in notification of stock-(par $2.37 ('2' per shares seven letter a common at Stock Exchange close ,481,575 i. 787,843 System—Interest— District per $1,000 debenture continue to be dealt in company on The Michvest its * par each for filed 20 shares of Net $18 and holder March on 100,000 to stockholders by Blair P.vClaybaugh & Co., New York.5 The proceeds are to be used to repay a loan owing to the ;; LaSalle National Bank. Chicago, and for additional working capital. price 1048. Hydro-Electric order Bank 250,000 oomnany covering from Net Blanchard division since The SEC Jam 202,033 7 793,851 279,039 •. New Services, Hood Rubber Co.—New President— Blanchard vote new Net 171, to 1947 5,317,762 1,280,443 644,173 income- National face March.—V. the the Net Class A Stock— the 170, a to W. Baird that debentures be quoted April. I). 1950; that the deben¬ tures shall "Flat," and to be a delivery in settlement of Exchange contracts made beginning April 1, 1950, must be stamped to show the above payment. •«' i Interest is payable at Chase National Bank, New York,'N. Y..- First' be per share on convertible class A 6% stock ($4 payable April 1 to shareholders of record March 20, 1950. pany has outstanding 80,000 shares of this class of stock 51,200 shares of common stock.—V. Mr. Plan of Recapitalization on will a share of present preferred of per Massachusetts, dated March 20, 1950, payment of interest was made, on April 1, 1950, of $18 per $1,000 debenture,' representing interest for the six month$' period from Oct. 1, 1949, to April 1, 1950, at the rate of 3% on the unpaid principal amount,-011 presentation- for stamping of convertible 6% gold debentures, due 1944, "part-rc- for Treasurer Raymond H. 12 of ,r International Pursuant a . cents company, for each price Co; 1948 $2,350,968 245,632 railway— oper. "Deficit.—V. The the company, Pays Initial Dividend of 6£ or six Placed On Feb. Interstate Power Co.—Plans to Issue Preferred— 1950 are: T. H. Reidy, President and Treasurer (re-elected); C. W. Moore, Vice-President—Operations (newly elected)* C. E Cessna, Secretary (re-elected); R, B. Kiel, Assistant *Secreta**y- directors '198,245 stock $100 Milwaukee, who had resigned. The 420,147 169,788 The a -Earnings- 1949 income—.. oper. Net 1950 railway ex*interest • J from From Jan. - 1949 ; Walker, Assistant provides for equal of recently offered to the employees Stock Subscription Plan of 1950, a . income a !• 422,984 ■>'• plan stock cash each $10) International Great Northern RR. New Director, etc., Elected— Officers of issuance /y The ferred additional America—8,195 Shares of Stock ■ (par deemed." > < < AUG. 1949 development shares The remaining 21,805 shares registration with the SEC.—V. 171, Montreal elected i •• *'194,810 Co.^-Bonds April on involve that -the the company owns as a result of this loan taken on it for money to build a $696,575. from removed total of not less than $20 per share. 30,000 company's 8,195 shares of employees would be 2,500 when the building from now." Co. J. x , the total discount) by Dillon, Read & Co. Inc., and Dean, Witter & S. stockholders will date one wheat that Employees— the under The unsubscribed 131,332 shares of preferred stock were offered publicly March 21 at the same price (less 70 cents cf 777,804 • 'X'X Wheel ,publicly offered at $2.50 estimate now on the cost of this plant is approximately E<y financing (t in this method the corporation will be able to'build its first plant free and clear of any indebtedness with the only incumbrances against its raw material.—V. 171, p. 949. • v.,:«: year 150,000 shares of 5% cumu¬ lative preferred stock, series E, and to 47,543 shares of a total of 50,000 shares of common stock offered them at par ($20 per share), with rights expiring on March 20. been 913,207 v rv" ■' ? 470,520 136,239 Keyes Fibre Co.—To Vote new common stock new approximately completed Hawaiian Electric Co., Ltd.—Stock Subscriptions—The stockholders of record Feb. 23 subscribed to Net 102,564 211,275 950. P; first r; The $1,500,000. Sold to common Provision .7 440,260 income— oper. will be called , .Joyce C. Hall, President, on March 31 announced that this company will start immediately the erection of a $2,500,000 plant adjacent to its present building at Kansas City, Mo. Containing 400,000 square feet of floor area, the new plant will triple production space and permit output of more than a million cards a day. to 213.300 /• by a preincorporute group for, an amount of $20,000 in prelncorporate money will be used for incorporating preliminary engineering, and various market surveys. r Insurance Co. of North Hallmark Mr. < ,v > 980.149 <<845,900 • 93,110 81,621 i offering >,< 750,963 93,523 , subscribed stock , added ' which is in its prelncorporate stage, is not expected incorporated before late this month, A total of 40,000 shares The $5,583,005 p. 949. expansion 12,099 company, plant. railway... railway—. oper. —V. 171, 961,432 >200,812 51,900 <v, • 22,012 91,088 $385,013 558. p. expenses, Jan. 1— Net 3o7,816 80,914 chrgs. '.■■■ » $478,924 230,212 , , v $25. 1950—2 Mos,—1949 fr, $3,727,961 V $3,997,195 ' j-- 203,920 l-<- 1947 ■. $443,962 214,868 171, which February. .This RR.—Earnings— 1950 from from 423,854 cper,_ inccme___ oper. $1,947,771 Ry.—Earnings— 1949 ' ' ; 1943 »'*. the United States—V. 171, p. 361. ■-A. 950—Month—1949 < $1,723,360 ganized—Financing Planned— 42,056 , $5,436,472 income. oper. Net 2,278,935 Industrial Fermentation Co., Denver, Colo.—Being Or¬ to Net From ry. ry. inc. aft. fixed 468,459 >' v 949. p. Gross Gross from rev. Net v/ere ry. 3,787,624 2,329,901 RR.—Earnings— ] revenues- 1950 < % Privately— The company has placed privately $2,500,000 first mort- t gage bonds with the Equitable Life Assurance Society of !•<: '< •. Kropp Forge Co., Cicero, III.—Files With SEC— , Gulf Mobile & Ohio Net oper. Net 31,612 income— oper. 171, 949. p. 3,755,297 < 1,165,770 1,591,721 ' ;; Kelsey-Hayes 1— railway— railway—. from 171, Railway 64,248 from Nfct ^ 1950—2 Mos —1949 >1,922,203 1,057,456 720,285 railway..—_ oper. income... ry. —V. ■v Period End. Feb. 28— $264,443 , „ Income. oper. 1,772,889 j fixed Indiana Harbor Belt Net From Jan. after 372,812 $410,252 ry, Net $18,281,741 $20,214,589 $33,477,430 $41,449,257 ' 4.093,984 4,495,791 , 8,699,235 -<8,923,399 oper. '■ railway.— From Jan. The & Western RR.—Earnings— Gross Gross ry, income— charges ■^ Green Bay ry. 1950—Month—1949 revenues. from oper. 1,926,395 666.008 1,349,256 1,454,1.39 Gross from railway.... Net from railway...:— 361,503 1— , { "Deficit.—V. 171, p. 949, Net oper. 491,793 74,048 j 865,044 from , RR.—Earnings- Period End. Feb. 28— railway—.. railway._____ from Net Illinois Central 1947 from Gross Net , an underwriting, agreement with Wegener & Daly Corp., of Boise, Idaho, for\ the-stock which would be issued on or after May 1, 1950.—V. 171, p. 464. -, 2,970,395 income._ 849. p. Net stock proceeds will be used to finance the construction, Improvement of operating facilities: -f *';.7v proposes 2,330,256 Kansas Oklahoma & Gulf The and company 56,613,963 1,382,812 retained , The - $6,359,945 1,341,044 February— Federal of $3,109,553 oper._ income— oper. 171, 1950—2 Mos.—1949 $3,053,970 oper. ry. —V. :v\ authority J./, 1948 253,739 from Net '■ $3,719,000 *97,396 From Jan. Gross income.— oper. '' 1949 from Net Plans Preferred Stock Financing— The rev share. per Ry.—Earnings— 1950—Month—1949 Railway its share by per ; Period End. Feb. 28— The * March 23 at $31.25 on Dealers' discount, 50 cents Kansas City Southern that states company sold this be made was Blyth & Co., Inc. 171, p. 1049. —v. it becomes necessary to issue case iuture, is Stock, Etc.— to approve an increase in shares to 1,800,000 shares. earnings. J which in continue which 4% plants, involves no wage in¬ extension of,the company's present without material changes. The union and from being sought in stock common The Goodyear pensions is common additional May 3 on has sufficient hydro-electric generating capacity to meet anticipated increase in demands through 1950, according to T. Roach, President, The 1950 construction program is. budgeted of ,i stock common (no par) Increase Common asked be company with compares Co.—To will Light Co.—Secondary Offering— secondary offering of 10,000 shares of common stock cleared 696. 7/V;': - Inc. subject to the underwriting agreeryrent at $21.50 per share. The utility company has been (Advised that prior to the expiration of the subscription*. warrants on March 23 Blyth & Co., Inc. sold 20,000 shares of the common stock at a price of $21.50 per share less a concession to dealers of 75£ per share, that shares of the unsubscribed stock terms of the the outstanding 15 balance being purchased by Blyth & are ; ; $0.73 . $30,000,000 of 1149. p. mutual a does with authorized no 1955, but is subject to termination by the company April 1, 1952, upon 60 days' notice.—V. 171, p. 848. beginning used to share payable April per stockholders additional one-year agreement covering April be 109,670 $0.84 * i_ Power & bonds V. dividend The 27 past serviee cost, is estimated at $6,400,000, which Ooodyear's 1949 domestic payroll of $160,000,000. The ■ Fiduciary Trust Co. of New Yoik, declared cents registration overwhelmingly approved a new pension plan which provides company-paid benefits for 30,000 hourly * rated employees and 14,000 salaried employees. The plan, which 1 provides minimum pensions of $100 per month, became effective April 1, subject to approval of the Commissioner of Internal Revenue. * cost to are The authorization annual stock—— . stockholders March 7, last, 3,231 shares were subscribed and the remaining 46,769 shares not subscribed for for a f Goodyear Tire & Rubber Co.—Pension Plan Voted— The , corporation, is 15 The Offered Blyth & Co., Inc., on public offering of 25,000 shares of com¬ mon stock at $28.75 per share. These shares represented stock not subscribed by stockholders during a standby offering which expired on March 29. See V. 171, p. 1261. The 430,000 common : Unsubscribed Common — Stock Publicly Offered—Of the 50,000 shares of common offered by the company for subscription by its $695,900 109.670 Supply Co. 1950 stock Hudson Fund, Inc.—Initial Dividend— 'This Co.—Stock 485,000 $783,100 , Monday, April 3, • Jamaica Water 1949 $1,125,900 ——————— „ Lighting: proceeds " 1 $1,268,100 ' 10,000 of Glidden dividends See viser March 30 made 1950 Income——. on ——— , mortgage 3% costs. 1148. P. taxes 1.000 Watllng, Lerchen & Co 1,000 Peabody & Co—„ 2,000 & 2,000 Co—. & Jones 3,500 Dunn CHRONICLE; vately—The company has placed privately first mortgage 2%% bonds due 1985. v 1,000 Inc......... Walter J. Wade. 5,000 The Illinois Co. T. Co. ' - Federal income--...- on Houston 5,000 - - taxes Earned per share —V. 171, p. 557. Harris, & before (income Preferred 2,000 William R. Staats Co... J Co., Net 2,000 2,000 —— _ Falrman Inc. Michigan Hornblower Kidder, Bills, Corp.— 2,000 Co,„ 10.COO _ First Curtis 5,000 Inc.... Julien Collins & Co R. Moore, Leonard & Lynch.. Newharti, Cook & Co The Ohio Company Paine, Webber, Jackson & 2,000 Co.____ & income Federal - 2,000 & Co FINANCIAL 3 Months Ended Feb. 28— Net Shares * ; & Hooker Electrochemical Co.—Earnings Higher— ; . Shares Bacon, 130,000 the number public and purchased by each is set forth below: COMMERCIAL ry. From Gross 1950 from Net ry, 1943 1947 $5,543,277 $3,225,895 $5,517,586 476,381 1,031,545 803,492 943,393 111,441 501,312 12,512,276 11,675,839 1,389,521 2,175,502 175.674 1,124,411 income oper. Jan. from Net 1949 $4,474,150 railway railway——— *32.025 423,359 9.535,371 11,559,430 1,231,326 1,963,047 41,357 760,157 1— railway. 1_ ' railway oper. *Deficit.—V. income 171, p. ;< 1262, ■.; - < Volume < 171 Number 4895 THE Utttt'Co. of Mary—Partial-Redemption There have been called for series A and $31,000 of redemption Little par Payments will be made at the bonds at 101 and The stockholders of record Jan. Star Steel Co.—Bonds accrued . Continental Illinois National Placed CHRONICLE only im the State of Utah. In additional stock were to be issued: to in full payment of their respective .claims at 10. cents per share; also, 614,606 of the company's shares were to be used to acquire all the common stock of the Ophir Treasure Mining Co., a Utah corporatioh, from the'Individual stockholders of said-com¬ pany by issuing one share of Mono-Kearearge stock fop four shares of Ophir stock. The Ophir company's assets consist of three patented mining claims with a total acreage of 19 plus acres. ' Privately—The company has placed privately with six insurance- com¬ panies $5,000,000 of 41/2 % first mortgage collateral trust sinking fund bonds, due 1965 through Dallas Rupe & Son, Estabrook &' Co. and Straus & Blosser, it was announced on March 28. The purchasers. are New England Mutual addition, creditors of 63.696 shares of the February— Net Net fund promissory the remainder $2,447,000 to the payment proceeds added notes ofv such —V; 171, Monongahela Power Co. the Loeb & Co., of the close of business as The "1950—Month—1949 Net rev. from Railway oper. Net ry. —V. $1,491,326 proceeds program estimated ing the years 1950, 1951 and will be spent this year. The oper._ 568,400 income- 352,152 ry. 270,353 income oper. . $3,146,831 1,288,980 791,592 \ .. BUSINESS—The electricity $2,928,356 985,714 461,585 Net Gross from Net from Net ry. —V. 17.1, 26,677,259 3,134,381 1,433,653 income 950... ; .; - Period End. Feb. 28— Operating revenues 31,570,966 33,865,741 5,308,921 2,634,346 2,937,138 ; 1950—Month—1949 189,204 63,068 — Equipment rents (Dr)_.. Joint rents (jDr>„ rv. 29,606 I $168,773 income- oper. adjoining the name, EFFECT GIVING net income dur¬ .V- 3y»% i.... Maryland 4.40% 1950—2 Mos.—1949 $3,989,253 64,514 96,794 49,985 - 424,720 income ; 9,961 , to 1961. ',$512,725 22,416 ,, Power Co., of the to be 1955. t$l,000 ^, '•;,v.( \ 7 of the income Rentals, Net —V. int., 171, 101,544 etc.— income Midland Valley RR, Net from Net ry. v :i/" Shares Kidder, Peabody & Co.^—.l 8,750 railway ; $198,158 s 1949 1948 1947 $151,684' $166,430 $159,957 $148,253 < 55,775 45,462 £8,587 4,500 57,521 26,225 i7,966 25,100 312.724 348,755 85,205 134,346 68,595 28,156 53,528 —V. 302,932 131,493 Laird, Bisseli & Meeds_— 171, income.— from railway income oper. 171, 121,845 7 57,192 Monsanto Chemical April for conversion 7. recapitalization, 4% new prior be used in part to pay fn The balance would be used, two shares dividends of issued provides for the issued presently thereon would of stock common one of would par the preferred right to preferred be stock required to share. $497,300 165, p. 1870. no offered prior common new issuance be new of prior preferred , C. Hickmott, Vice-President of Connecticut General Life lias been elected President to succeed the late Charles Mr. Hickmott is also Fresldent of the State Savings Hartford and in Aetna Insurance is also director a Co.—V. 169, of many including concerns, 2531. p. r.... & settle claim of accrued to New Majectlc New Orleans & Northeastern February— Gross from railway.— 1,000 — Co.—Conversion Agent— and can¬ advan¬ 171, p. - RR.—Earnings— 1949 1950 $777,932' 273,043 '• 109,478 - 1948 1947 $728,902 $954,984 260,685 401,529 171,833 106,490 $778,906 270,537 106,596 From Jan. 1— Gross to close of business April 6, when the conversion privilege expires.—V. benefits Utah. railway Net ry. oper, income.. up the the 1,000 Wood & Co.; stock through D. Williams has been To the extent that the 100,000 ! shares are not subscribed for1-by stockholders, Combined Metals Reduction Co. and the directors of New Majestic Mining Co. have agreed to take and pay for the stock in pro¬ portion to their respective present holdings. The company's office is located at 209 Atlas Bldg., Salt Lake City, Net' from into common The proceeds are RFC. expenditures that have been made, New Majestic; has issued and delivered 275,000 shares of its treasury stock, fully paid, to. the Combined Metals Reduction Co:' Arthur L. Wright, be used to tages 2,500 Co Salt Lake City, Utah—Rights The lease and option agreement held by J. celled and in consideration thereofJ and of several The Guaranty Trust Co. of New York as agent will accept cumu¬ lative-preference stock, series A, which has been called for redemption on 950. p. to : railway— would mortgage note. days from March 21 and is limited to stockholders. .7 1263. p. bohd Issue the New Majestic Mining Co., 6,000,000 8,435,505 . Crouter & Bodine.. ~ - 3,000 of The company offers to its stockholders the opportunity to subscribe pro-rata (on a l-for-20 basis) for 100,000 shares of treasury stock at par (5 cents per share). This offer is made for acceptance within 15 due annually 1— ry. the 30,577 352.821 Bank Suplee, Yeatman & Co., Inc. 1,000 Wright & Co.,Inc. 1,000 (Inc.)—_ 4,500 3,000 M. Kidder & Co A. plan Allerton 12,000 . Harrison Co.— & plan a 5,000 shares of shares of previously authorized and 50,000 shares of common stock, value; presently Insurance Co., G. Woodward. Chas. W. Scranton & Co.— 2,500 C. C. Collings and Co., Inc. 1,000 & o"f accrued of stock.—V. 9,000,000 4,000,000 Co..——— 8,750 v Weld approved New London-Northern. RR.—New President— Republic Co. (Inc.) 5,000 1 Presspr*ich & Co 5.000 Shields & Company 5,000 W. R. Harris, Hall & Co. -Earnings— ': Jan. Net The Shares Julien Collins & Company— 2,500 DeHaven & Townsend, White, 13 5,000 exchange each four shares for purchased by each are Central " "railway—i'i " from Net —V. 216,319 $318,822 ;• $102,953 1950 oper. From Gross 203,721 111,202 • v," $535,141 $401,879 1150. p. from ; ; $77,190 — February— Gross $214,155 $178,734 —— 171, p. 1263, ' each of and: Holders principal underwriterspreferred stock and the respective amounts severally set forth below: ,:i\ ^ additional names authoritlea split-up became proper the that day.—V. on exchange their holdings for one share and eight shares of common stock. electric Estabrook Gross stock preferred stock cumulative UNDERWRITERS—The the and West — 47,369 22,166 The *$200,000 due semi-annually to Aug. 28, 85,742 $379,713 \/ $204,031 ,10,124 ; 1979)— 1. of > « with 30 March authorized be $100; par no proceeds Holders sell small $22,000,000 V t 7,000,000 6,000,000 $4,000,000 2,400,000 —— obligation money to. the splitting up it was an¬ mortgage income bonds by payment of 50% of the face value of income bonds in cash and the balance in new prior preferred stock. r . $4,475,652 3,193,451 636,365 3,038,041 (due Feb. 1979 serial notes basis, $4,187,368. of a. spbsfdiary—h 39,000 (par $100)— i 50,000,000, preferred stock ; 4.80% cumulative preferred stock, series B 4/50 % cumulative preferred stock, series C i: Common stock (par value $6.50 per share)—— 13,000,000 Cumulative $2,179,117 1,635,092 246,805 td 128,675 series due ten-year purchase effect of plan also The . 1. amendment an the recorded and on March on would par full' the outstanding first Authorized Outstanding , (due Aug. due 1975 have three-for-one together with other bonds, to discharge in full presently issued second FINANCING PRESENT TO approved 27 provides for the Issuance of $300,000 first mortgage bonds, with authority to issue an additional $200,000 at any time after April 1, 1951, subject to certain restrictions. The $300,006 bonds are to be issued, on or about April 1, 1950, to Peters, Writer & Christensen, Inc., Denver, Colo. reported operating company with* consolidated $23,744,818 1975)—___ series due 1977 (due Sept. 1, 19i7»——_ *2% 5% ' Net predecessor a Dec,.%sfl, 1949, the ended year of series 3% 5,967,567 2,63fZf314 •• 1,498,325 — Other under 1912 J./ o,';:ily 30,592.254 5,149,215 '• $1,948,976 Operating expenses Taxes ----———■ facil. The con¬ and produce and 761,366 266,515 serial This service area comprises i n estimated population of mortgage bonds: 3% Maine Central RR.—February Earnings— - the First ' railway.— p. Virginia Delaware stock, preferred, stock, par $l. — railway oper. in CAPITALIZATION raihvay— $12,267,798 $<5,165,779 $16,755,170 $14,867,231 2,879,771 railway— 1,149,185 2,525,675 ' 2,768,647 443,740 V 1,298,035 1,407,973 : 1,383,905 ry. oper. income. From Jan. 1— . 1947 from from Net subsidiaries and its northern West of filed was of The, stockholders the company and its subsidiaries forms $n important part integrated system of the West Penn Electric Company.. the For Gross to 4,842,206 by E. T. Weir, Chairman. State preferred Inc. help finance the company's cost approximately $32,500,000 will company most Founded revenues ^ 1943 1949 Co., & the March on incorporation which will corporation on a under which there Kulin, viz.: system of of 1950 in 749,300. 171, p. 950. February— dividend, any Ohio, Maryland and Virginia. approximately 12,840 square miles with Louisville & Nashville RR.—Earnings— ; Ripley at of parts 609,799 617,059 , 4.50% a 5,772,581 965,256 345,211 National Sugi r Mfg. Co.—Recapitalization Approved— 1952. of which approximately $12,000,000 principal project in this program is the installation vof a sixth steam turbo-generator unit at the company's Rivesville, W. Va., station. The new unit will have a capability of approximately 80,000 kilowatts and be ready for operation late in 1951. 1950—2 Mos.—1949 $1,385,150 472,642 281,727 224,042 1, struction Louisiana & Arkansas Ry.—Earnings— Perioo End. Feb. 28— for 5,250.696 1,064,384 500,057 of, the effective at the close of business time at prices decreasing from if redeemed by Feb. 1, 1955, to 103 V2 % if redeemd after 1960i in each case plus accrued dividends. PROCEEDS—Net 16, 1950, 159,169 shares were subscribed tor by remaining 433,016 shares were allotted pro rata to the underwriters. Such preemptive i rights expired March 23, 1950.—V. 171, p. 1262. 1 *•* such stockholders and the Railway oper. revenues- Harriman from stock.is redeemable new IO6V2 % Feb. on March received were of The amendment Also devidend 4.55% stock of record stockholders stock of $100.68; Lehman Brothers, $100,507; W. c; Langley & Co., one bid was received of $100.00 per share for a $100.1199. Subscriptions for Stock—Of the 592,185 shares of com¬ mon stock offered by the company to the holders of its* common bids $2,305,156 290,433 117,806 1184. p. nounced t Three'other 1947 ( $2,737,409 . 400,417 139,404 National Steel Corp.—Stock Split-Up Voted— The Preferred Stock Offered— — 1948 478,989 224,387 4,995,654 1,332,457 644,794 railway income.— oper. articles capital.* to -working ry. . 43/4% first mortgage sinking of current indebtedness and ; of from Net 1949 $2,520,949 1950 $2,439,515 623,388 291,345 railway From Jan. 1— Gross, from railway company „ and from from railway... Net ry. oper. income Kidder, Peabody & Co. headed an investment banking Co., The Travelers Insurance Co., Amer-S group which on March 30 publicly offered 60,OQQ shares ican National Insurance Co., The Connecticut Mutual1: of 4.50% cumulative preferred stock, series C (par $100), Life Insurance Co., State Farm Mutual Automobile In¬ ,at $102.50 per share, plus accrued dividends, to yield surance Co. and State Farm .Life Insurance Co. 4.39%. 'C The issue was awarded to the group at competi¬ ;,The proceeds will be applied to the payment and discharge of all tive sale on March 28 on its bid of $100,691 per share; of the $796,500 of bank notes due 1950, $100,000 of 3%% nondebentures Nashville Chattanooga & St Louis Ry.—Earnings-— , ,Gross Life Insurance cohvertible J1359), .'.7 18, 1950 were recently given the right to. subscribe, pro rata, for 250,000 shares of capital stock at par '(10 cents per 'share/ the proceeds to be used to buy new equipment. Rights expired on. Feb. 24, 1950. The unsubscribed stock; was offered publicly Bank & Trust Co. of Chicago, trustee, 231 So. La Salle St., Chicago 90, ' 111., or at the. option of the holder, at The First National Bank of West •' Bend, West Bend, Wis.—V. 168, p; 744. ~ >' v Lone FINANCIAL & Mono-Kearsarge Consolidated Mining, CP.—Rights, etc. as of first mortgage Co. of Mary Hqspital. and accrued interest and the series B interest. Notice^- April 1, 1950, $50,000 of sinking fund bonds of The series A bonds will be redeemed* at series' B COMMERCIAL from railwayfrom railway—... ry. oper; income Net Net 1;609,055 573,547H 221,153 , 1,628,470 652,444 269,311 2,045,040 911,003 1,640,8ft 404,546 251,36: 604,5ft —V. 171, p. 1184. 1150. ■ Minneapolis & St. Louis RR.—Earnings— ■-*: February— Gross Net Net 19£0 from $1,236,089 railway. railway—;— from 148,843 1947 270,068 333,501 118,788 ' ry. income.— oper. From Gross Jan. from Net ry. 93,663 3 026,175 110,074 railway oper. Income 250,243 2,992,049 529,770 201,138 546,545: 215,742 64,336 2,714,731 Gross ry. 171. -1 1 246,179 redemption on June next, 1, ry. First.Trust Co. of Minn.—V. 1, St. Paul, trustee, 169, 171, 500,849 133,294- 85,277 ■ 116,537 45,020 565,166 130,773 137,305 — 1950 ' —— $5,240,799 — to 1949 $1,852,324 Sales in January ran at an annual rate of $30,000,000 thereby estab¬ lishing a new record sales peak. , : The company recently purchased from the Di Giorgio Fruit Corp. 3,088 acres of groves in the rich citrus belt running across the central .'*• SEC under sell March on the the of "i;*. announced 29 Investment shares 315 ■ Shares issuance the of an exemption Company Act permitting this corporation capital stock of The Morris PlAn. C6,; of South Bend, at a price of $388 per share, to nine individuals, includ¬ ing five persons who are officers and directors of the South Bend Company.—V. 171, p. 194. v; ^ section of Florida, at a cost of $3,195,200. This important acquisition permit Minute Maid 'to grow nearly 15% of its present fresh fruit requirements on its own land, and act as a hedge against irregular fluctuations Minute : as well Maid has unforeseen as been unable shortages. contract > , - for grapefruit and grape¬ fruit-orange blend to be concentrated outside its own plants, and ac¬ cordingly will process arid package these two products in its own plants. To replace the production diverted to these two products, for which there is insistent an demand to from the the company will sub¬ stantially increase its pack of California orange juice this fall, the an¬ nouncement concluded.—V. 171, p. 362. ; Motorola, Inc.—Has Record Quarter— .. , Missouri Illinois RR. 1950 -February— Gross from Net from Net ry. .* From Gross Jan. income- from Net ry. $333,512.; 140,071 146,210 73,253 73,653 701,114 285,573 income— $283,798 131,683 67,105 705,929 125,766 p. 1947 1— railway"railway—— oper. 171, $348,521 f $333,932 130,722 55,843 from Net —V. railway—_ railway—... oper. 1948 1949 ■ €97,500 563,794 294,509 312,728 155,754 244,556 155,566 Gross Net Net ry. From Gross oper. Jan. Net from Net ry. —V. railway railway— from _ income.— p. 1949 $5,396,747 1,328,087 $6;076,509 $5,525,224 1,409,389 1,005,923 1947 $4,915,620 1,038,638 411,474 313,131 414,546 532,682 11,470,710 9,890.231 2,51,1,428 2,096,047 640,541 2,008,792 495,811 11,087,056 2.609,637 income.—965,031 1049. 729,460 666,605 746,146 1,402,082 547,415 313,722 573,313 636,722 468,651 . 1,259,685 572,860 526,102 Central RR.—Earnings— l95CM-Month—1949 revenues oper. expenses 47,124,109 45,197,511 income- *3,341,107 Net ry. Net income oper. after $ — 171, p. *5,327,049 1,355,329 *4,625,288 added.—V. 171, p. 465. from Net ry. — railway..— oper. From Jan, 2,150,262 1184. February— from railway— Net $ 57,516,696 103,849,896 119,051,813 48,763,742 95,747,960 102,189,2l6 3,073,945 *3,426,746 4,767,63ft fixed charges— "Deficit.—V. 1950—2 Mos.—1946 $ oper. income——.———.^ ' 1— 1946 $493,006 *30,824 "117,748 Earnings— 1948 1947 $635,572 $639^264 59,795 *71,860 *29,284 *176,158 . , Muskogee, Okla., The company covering from railway—*21,791 *128,344 1,297,140 103,870 Net ry. income......—*217,691 *399,466 *153,820 17 filed a letter of notification with the shares of common stock (par $20) and $100,000 indebtedness. No underwriter.; Proceeds from stock tificates of to from railway.—.—j— oper. Deficit.—V. 171, p. 951. March on 2,500 certificates 7 % 1,191,382 * -Files— SEC 1,085,229 Net of be used indebtedness StOck. for si demand Jiquidate to loans .i 1 in of excess . ... , , . Niagara Falls Power Co.—Proposed Mergersee Niagara Mohawk Power Corp. below.-r-V. 170, p. 1917. and from cer¬ surplus and capital notes, '• . Niagara Hudson Power Corp.—Proposed Consolidation ; corporation and The Niagara Falls Powgr Co. on March 30 with the New York P. S. Commission, the FPC and to merge The Niagara FaJls Power Co., a wholly owned subsidiary, into Niagara Mohawk Power Corp. The application to the Federal Power Commission also includes a request for redefinition of the license for the Niagara Falls, hydro¬ electric project to include therein only the generating facilities. Earle J, Machold, President, stated that this is another important The Mutual Fund of Boston, Inc.—Registers With SEC— The corporatioh"'on March 24 filed a registration statement with the SEC covering 60,000 shares of capital stock to be underwritten by Russell, Berg & Co.; Boston, Mass.—V. 170, p. 1398. Life Insurance Co. of New York — Dawson W. has Dawson of Agencies. been' elected . v • President and officers of the who is the company, in his ,; Britain, Officer. was SEC in structure Roger serving as U. S. Ambassador to Great said that Mr. Dawson will be the company's Chief Executive When Mr. Douglas returns to active duty In the company, it nounced, he will serve as counselor to the Board of Trustees Douglas, filed applications step Y Hull, as Executive Vice-President, according to Lewis W. Douglas, Chairman of the Board. Mr. Dawson had previously been Executive Vice-President and General Counsel. Mr. Hull had been Vice-President and Manager Mr. 72 be Muskogee Industrial Finance Corp. Louis 1— railway.— railway.. oper. 171, 1948 1950 President, this year allocation, Mutual from from of Elected President— Missouri-Kansas-Texas Ry. —Earnings— February— \ 121,815 951. 1,456,678 $ Gross Galvin, quarter 340,241 1184. p. Railway Railway continued V. common -Earnings—* 305,780 $671,974 303,497 258,137 V Period End. Feb. 28— stated that sales and earnings for the promised to exceed by a wide margip the record of any other quarter in the history of the company. Demand for television receivers continues at an accelerated pace necessitating first of * 248,284 1947 , $708,686 .1,473,840 708,103 Gross Paul trade, . 171, 330,525 New York Ontario & Western Ry.— , will —V, 1948 1946 $663,161 294,848 951. p. Permitted— The $674,809 1— railway—— from railway— ry. oper. income— Net Mexico Ry.- -Earnings— 1950 income oper. from New York order Minute Maid Corp.—Sales Up Sharply— ry. From- Jan, Gross 167,270 , Morris Plan Corp. of America—Sale of Units' t . Net Net '469,425 "44,360 , / the First National Bank Building, St. 1336. p. 3 Months Ended Jan. 31— Sales 62,057 February— from railway..__ Net from railway Gross 70,230 71,864 fund, $17,000 of first mortgage 334 % coupon bonds dated June 1, 1936 at 104 and accrued interest. Payment will be made at the Paul 69,952 52,437 139,224 railway 1 railway oper. income— from "Deficit.—V. through $262,300 30,708 14,984 from Gross Net have been called for $247,608 1 *25,831 income— From Jan* Minnesota Transfer Ry.—Partial Redemption— There sinking 1947 •• 041,748 1049. p. 1948 $212,181 $43,762/ .railway—t* railway. i_ oper. 1949 1950 ; m from from Net Net —V. Earnings— February— Net l— railway—— ' from Net 35,289 2,557,489 Montour RR.- $1,342,493 $1,483,591 277,998 $1,489,429 ' New Orleans Texas & > 1948 ' 1949 ' an¬ and the capacity as Chairman.—V. 170, p. 2333. follows Buffalo New the further simplification and unification of the corporate of the< Niagara Hudson System. This proposed 'merger recent consolidation of three other System companies- the Niagara York Electric Power & Central New York Power Corp. and Corp.—to form Niagara Mohawk Power Corp., Light Corp. Upon completion of the proposed merger, the Niagara Hudson System would have only one operating company, Niagara Mohawk Power Corp., rendering service to system customers in upstate New York. ; Canadian Niagara Power Co., Ltd., at present a direct subsidiary of The Niagara Falls Power Co., would become a direct subsidiary 0# Niagara Mohawk under the proposed merger.—V. 171, p. 951. 8 (1360) '-Nineteen Hundred C«T.—Acquires Plant— * THE • • , Mining it factory for the producth n of 'gas and electric clothes dryers was acquired on March 27 by this corporation, manufacturer of Whirlpool home laundry equipment, from the Cooper Wells Co., - producer of hosiery and underwear, to? •" which transferred has Decatur, Ala. ; • Acquisition of , in Gray, The who The exenanged 171, railway.-.. railway ry. oper. income™ Net Jan. Net ry, * "V 1C49 1948 , 1947 Gross "657,353 3,526,141 4,201,464 "672,747 2*071,198 2,699,712 Net 3,786,893 2,378,438 28,395,815 7,666,015 29,961,083 1,663,842 '9,331,692 26,295,323 8,902,206 812,309 railway,™ railway 4,730,415 5,973,738 5,392,260 18,906,985 — income™ oper. 171, company SEC covering The SEC 951. p. March on filed 28 Inc.—Registers With SEC registration a statement with the shares of no par capital stock. company was organized in September, 1949, for the purpose of acquiring by purchase, lease, or otherwise, lands for the purpose of prospecting for and obtaining oil, gas, coal or other minerals. It is 600 company covering authorized land to in in engage oil general a southeastern North stock to be The 600 shares issued now and land and business for are of ot sale "offered shares 100 up will one-nal •» and as be the the tion with and the stock stock the amount ness, sale sale of The is individuals its of in groups Oak The be first used to for in thereof. connection other with The proceeds would be discovery and marketing of oil, other National Weeks <fc initially has offered been $500,000 instalments inclusive. both of aggregate stock, to Net named the of the as proceeds principal will be and/or .••"v gas . to purchase Gross or of ry. 2 Bank for the FEBRUARY' AND FIRST " ' Chicago, 111., an order on from Net at meetings and Ohio by approved held be ry. by Ohio The ;r7.:.. 255,240 "2,639,323 I 122,511,154 153,396,023 15,218,231 151,710,869 136,870,493 16,629,933 11,870,944 21,529,694 2,629,496 7,272,438 income™ 171. 1,313,595 "1,529,631 ' 1264. p. . ; Jan. $726,124 $636,235 "338,072 *205,181 *197,795 "620,442 "557,247 *417,065 "398,687 1,019.584 1,315,782 1,495,291 1,313,019 "886,568 "660,349 *388,059 *354,407 "1,271,915 1,066,232 *626,626 *764,036 l— from ry. 1947 $622,043 "434,258 income„_ oper. 1948 1949 1950 $485,758 railway railway-.™ : income.--- oper. Deficit.—V. 171, 1050. p. City (Chas.) Pfizer & Co.—To Increase Capitalization— : 171, The stockholders on April 3 will vote on increasing the authorized stock from 1,500,000 shares to 2,000,000 shares. It is not planned to presently sell any of the additional shares.—V. 170, p. 1302. common vote the on Co., Public -Service y/,, 1,944,545 , 27. April on > r merger s 5 Philadelphia Gas v t 12 The company ; of its 2% .% each not applied 27 three commercial promissory notes: The notes 7V^-;'7;.'; ,7. Works Co.—Seeks Bank Loans—/ March on to issue and sell to Co., on April 27. The Ohio P. U. Commission proposed agreement of merger on March 6.—V. 171, the 64,888,600 3,758,869 railway.. from • Edison 1184. p. . to to l- will 74,336,696 7,559,583 .. Approved by SEC— companies 8,820,033 February— y, from railway____ From approving the proposed agreePublic Service Co. into Ohio Edison Co. two 71,609,284 "2,324,096 income oper. Net : March 29 of merger of The Ohio Common stockholders of the ment $ 55,750,283 Gross per warrant agent.—V. 7)..J _ Ohio Edison Co.—Consolidation The SEC issued is $ Pennsylvania Reading Seashore Lines—Earnings— Net the Co., 1947 1948 X 1— •Deficit.—V. share on trading on the $12.50 at MONTHS TWO 1949 . con¬ holders the 1951, were admitted to opening of business March 1, at Trust & warrant per such ol underwriter. used entitle $20,116,000 H. Geo. 3,650,191 railway railway from Net $674,000 irom April 1, will constitute the first exceeding office the at railway from Net of This not 1950 Jan. • share common one which warrants addi¬ 4%%. 1950 con¬ pay Pabst, Jr., Vice1811, Broad Street Station Building, Philadel¬ before 12 o'clock noon (EST) on April 11.- Room at oper. A, of ry. From the series stockholders common to * received railway—.. from Net stock 195. p. under¬ an '>'>*%■ V, •> be p.m., April Stock Exchange Midwest amount company busi¬ for conducting used with statement preferred Manufacturing Co.—Warrants Listed— before or all pay to is 74,765 subscribe maximum offering underwriting Is presently In¬ into registration a convertible of from Gross pro¬ and leases an filed 24 shares balance, approximately $1,000,000, is to be added to working capital for use in connection with the development and expansion of the company's business.—V. 171, p. 560. <_'• the enter stock shares will remaining and $1,000,000, to are or program for the drilling, mineral products. » to March on The current presently amount to $11,000, The company will pay agents for out-of-pocket expenses incurred in connec¬ liabilities, which lte officers be Net There It stock. issued price of the shares being $5,000. No volved; but the company re erves the right to writing agreement at any time in the future. of speculation." a acreage individuals maximum a in development. certain to raise to Proceeds annual 15 1965, an series Z. must Gross ^ Co.—Registers With SEC— proceeds of 952. p. February— of a plant for the manufacture of fine chemicals and to provide additional warehouse facilities immediately north of the., City of Norwich and for additional p.ant installations and equipment. the company may enter into agreement for the sale exploration of offered sufficient in 1, of EARNINGS FOR struction by buy¬ Carolina, outstanding 400 shares of minimum a assignment purposes be of with whom ■and/or April President, at phia 4, Pa., 201,450., , 63,786« " 951. P. 50,000 Approximately selling or otherwise trading in oil lands, oil lease, and oil and gas royalties, and in the products and by-products of said lands. The company currently is the holder of record of leases covering 548,833 are ,'7. * 1,027,850. , to Bids value. par Hornblower ing, posed that 1951 mature certificates, record at the close of business April 17, 1950, at the rate of one preferred share for each 16 common shares then held. The subscription price and underwriting terms are to be supplied by amendment. The groups 171, • Norwich Pharmacal The of 112,211 "59,017 the use > 100,000 shares and. 12,000 $ Norlina Oil Development Co., acres 1,157,493 "32,064 "139,899 "Deficit.—V. $30 also 1,074,404 i09,953 "75,230 authorizing on has requested bids for the purchase of all of $10,equipment trust certificates, series Z, to be dated April 1, of to Instalment 75,996 12,211 ' 1,233,334 1950, $482,024- ,v <• railway™. railway oper. income™ ry. 171, 17 stock company 110,000 1947"- 85,633 ,1,910 preferred planned to l— Deficit.—V. The v ,•. > from Net • *4,359 '* i—- "18,996 "66,327 135,607 . 1948 $601,788 > April Pennsylvania RR.—Bids for Equipment Certificates— ' ^ $522,691- income oper. from 1949 $670,065 railway '".From Jan. $13,594,577 $14,261,853 $12,328,955 $7,053,479 lroiu from ; 1956 fioin Gross ' • RR.—Earnings— 1950 February—* Gross from railway.™ ry, is vote ' The Ry.—Earnings— from Ftom 1164. p. Northwestern Pacific from It 31-year for York.—V. Net Western February— Net costs.—V. 3%% debentures, due Nov; 15, 1979, may now 7 definitive debentures at the Guaranty Trust Co. ' New stock. 3 .... will series struction Temporary - Norfolk & shares^ of &" Light Co.—To Issue New Pre¬ • ■ stockholders preferred ; be Net Net ferred Stock— this * in 'Pennsylvania^ Power ; without charge, corporations of said plant wiu be in operation within five months, the Present dryer manufacturing operations will be moved loss of production, and space now used for malting be devoted to production of automatic washers.—V. 171, will Gross former two . dryer new 851. ju the Northwestern Bell Telephone Co.—Definitive Debs.— company said. there without dryers d'Alene,. Idaho, Coeur of . feet of production space. President, Ave., consolidation a Monday, April 3, 1950 • tional in St. Joseph, Mich., was announced by that the structures provide 75,000 two buildings BBisha square Garden Co.,'424 substance », one. Its operation much of • - • FINANCIAL CHRONICLE & holders,-exchange of certificates to be made at the office of Noribuna " - COMMERCIAL would be issued later than Dec. to the ' and soid 31, for authorization principal amount SEC banks $2,000,000 7 two installments in and 1950, of be repaid in to are $1,000,000 ten equal semi-annual installments commencing Jan. 1, 1951. Proceeds would be advanced to the Philadelphia Municipal Gas Works which the company , < Ohio Power Co,—Proposed : Northern Indiana Public Service Co.—Bonds Offered— A group of investment The-company banking firms headed by Equit¬ March 30 publicly offered $12,000,000 of 27/g% first mortgage bonds, series E, maturing March 1, 1980, at 102.542, yielding 2.75%. - The group able Securities Corp. Stven other March 28 on Interested Union 102.18; stock given persons -were 171, Union of 7 purchase to City operates pursuant to an agreement With April 12— on ' See Ohio Edison Co. 754. p. 30 to request Works lor The above.—V. property additions. SEC has hearing.—V. given 169, . interested 2423. p. April until persons 17 to request a I " hearing a Phillips Petroleum Co.—Registers With SEC— - Co.—Merger Proposal to be Voted V' c . • ' ' • ' Securities & March until tne City of Philadelphia Win en works, and would be used by Pniladelphia Municipal Gas said gas owns The Ohi© Public Service = v Corp., 102.162; First Boston Corp., 102.141; Co., 101.767; Central Republic Co., BIyth <fc Co.; Inc., and Merrill Lynch, Pierce,; Fenner & Beane (Jointly), 101.703; and Harriman Ripley & Co., Inc., 101.347. .*/:•; * ' Weld requested SEC authorization 23 common the application.—V. upon bids, also for 27/#s, were received, viz; Lehman Brothers Ac Co. (jointly). 102.197; Halsey, Stuart & Co. Inc., •nd. Bear, Stearns White, the of . bid of 102.229. on a March on shares 525 :- 7, Electric Co. from Public Service Co. of Indiana lor a cash consideration of $294,000.:" • < The 525 shares constitute all of the outstanding common stock of 7 Union City, which ultimately will be merged into Ohio. ,; 7 on awarded the bonds was the Acquisition— 171, p. 1184. .- • - - 7 7 - •? 7 ' filed with 31 the SEC registration state¬ a issuance of approximately $75,000,000 of 25-year anticipated that the debentures will be convertible stock for ten years- and will be offered to stockholders the It ^ common for March on covering debentures. into t ' company ment is subscription.» Further details conversion to as prices and coupon . General redemption prices on the series E bonds range from 105% Feb.;28, 1951, to par on and after Feb. 28, Redemption for the sinking fund, commencing In 1956, is scaled iff redeemed 1979. ftom 28, 103% 1979. on in-part, : utility its before or . PRpCEEDS—Proceeds the midwest Oklahoma City- Ada- Atoka Ry.—Earnings— before or price of a Few. on to 28, 1957 to par ; Net ;7,' current financing will be used by $1,500,000 bank loan and to finance, to .engineering studies, ry. Net < Net ry. —V. 1949- ' - 28,634 '• 9,053 1948 \ ; 6,679 163,162 ,iv. 158,699 .146,956 ' 68,390 .63,930 14,488 15,478 , 95i; V p. , . ; 148,237 . 53,208 11,991 . COMPANy—Is in the engaged northern the in part of electric energy; water and gas busi¬ The Indiana. Territory served has an esti¬ mated .population of 800,000 persons in-28 counties, and includes the cities of Fort Wayne and Gary. Approximately 59% of total operating revenues of $44,851,209 in 1949 was - derived from the sale of elec¬ tricity, 39% from the sale of gas and the balance from the- water Net income for-the period amounted corporation the SEC and $750,000 Honolulu, Will be Period End. Feb. 28— •' Railway oper. ry. an Earnings— in¬ > 1950—2 Mos.—1949 $2,202,898 $3,564,735 oper.j *27,912 $5,072,949 $7,335,305 397,514 1,376,015 641,644 '217.246 i 741,483 185,494 774,217 566,224- 1,504 642 632,063 ! 1,164,790 171, - Pittsburgh Rys* Co;—Reorganization Plan Approved— The stock common by Corporation.— Boston 1950—Month—1949 > revenues. from rev. Registers r^^ «Deficlt™v; w registration statement.- with -V 15-year' sinking fund debentures'-/ 6% underwritten First The \'^-Y Net 24,822 filed- 29 of shares of 500,000 by present short-term I. . Net ry. oper. income Net Inc. aft. fixed chrgs. March on covering 1965 stockholders headed group The entire proceeds from the thr retirement of . " '•' Refiners, Ltd. due SEC (par $1), to be offered debentures and two shares S Jointly by aunounced Elmer E. March on that 28 it had approved plan filed a trustee of this company, and Philadelphia of'the Pittsburgh Railways System under Chapter- X of the Bankruptcy Act and Section 11 <f> of the Public share held. No underwriter.;. The proceeds a-re to be used for ConI. Utility Holding Company Act of 1935 and for the discharge under Sec¬ struction expenditures. ■ C, ; ;; tion 11 (e) of the Holding Company Act of Philadelphia Co. guarantees affecting Railways System^ securities." " y : Paeific Power & Light Co.—Seeks Bond Approval— Thespian provides for the creation of a new company which will own .The company has applied to the Federal Power Commission for au-7 v and operate all of the properties now comprising the Pittsburgh Rail¬ thorization to issue $9,000,000 of first mortgage bonds. The interest ways System. The Philadelphia Co., public creditors, and public hold¬ to to $6,858,726. common stockholders in of , business. 698.. With SEC— ... ness > The oiier to banking p. amendment. toward Pittsburgh and Lake Erie RR. - 66,969 , Pacific loans. 171, -f income... oper, V. be applied 3,379 7 1— railway.*.--;'." will vestment - 23,152 i ' ; 3,407 • bank 1947 $61,727 23,973 ?, be filed by a later issue new '$67,486 $77,346 34.605 railway.™.. 171, ; 1950 $33,503 ■ income... Jan. from from ' railway.™ railway.' oper. From Gross its utility properties. Based on contemplated expenditures for construc¬ tion are estimated at-$58,G00,000' for the years 1950-1952, inclusive. Major projects under the program are the installation of two addi¬ tional generating units having a total .Installed capacity of approxi¬ mately 140,000 kilowatts in the Michigan City station, and the in¬ stallation of a water filtration plant at Gary, Ind. ; ,1 *• current from from Net the a ;^ February— Gross and after on j. from prep-tv of' additions program Feb. rate will common stock per at $5 units "of unit, $3 of the. rate at one unit of each for - ., Bauer, Co., for the reorganization . CAPITALIZATION GIVING EFFECT TO - HttSt mortgage bonds, series C, 3Y»'Jk, Nov. •I ' mortgage due Wrst 1, bonds, series D, 1978 mortgage due Mar. E. series Common "The prefer, stock stock (without amount of Is unlimited. v of series E „ , . rate and the 12,000,000 . , 9,000.000 ' bonds 261,700 shs. , borrowed ditions the 2,493,291 shs. first mortgage of the to purchasers be and conditions of the by principal them, purchase J. Schoellkopf, Hutton _™_ —V. 171, 1 .200.000' Walker & Barth Hi 1 600,000 Marks & Co. Co , Inc.____ Parker & John & & 900.000 750,000 500.000 from From Gross 1950 500,000 ry. "1,220,245 1— 1°48 1947 the one stockholders share common new stock owned. be would No to used on or stock for each six fractional 19.G96.935 22, 114,651 "2.047,001 "800,881 2, 203,031 21,587,813 3,879,886 "3,363,824 "2,588,703 333,692 2,386,960 the SEC p. 1050. shares stockholders Una and North informed h° consideration of 1.075.944 Hill of letter of notification a common Mine stock (par 1 cent). Co. additional in exchange for stock shares to be issued to Mining Co. in exchange for their that 'Northun- i-not offering or stock, planning to an7 Idaho r^Cu of to issue 21, repay ($100 per share) $67,400,000 of be will bank its in any state «cePt Idaho," property conveyed shares, share common issued. loans, on and .i the rights subscribe to that it lor intends to 728,908 The parent, which will has informed Pacific such shares, -j/ . v ," - re- T. satisfaction of all guarantees and Public of of amount / for to it by and two such claims and will also be discharged in respect of Railways System s Railways System's securities affected by obligations of Philadelphia Co., outstanding receive will Public holders of cash in in the the principal aggregate and ties, outstanding in the principal and amount par par amount Railways System's unguaranteed of securi¬ of receive cash and principal amount of new company $12,157,107 and 49.1% of the new company common $16,223,050, will bonds aggregating stock. Specified cash payments will be made in discharge of miscellaneous claims, In¬ cluding tax claims, personal injury and property damage claims, claims of the County of Allegheny and the City of Pittsburgh and other mu¬ " nicipal creaitors, claims for merchandise and services, and claims of " West Penn " Railways Co. and The Pittsburgh and Castle Shannon Rail¬ road Co. CAPITALIZATION GIVING EFFECT TO PRESENT Preferred stock 0% company cumiil. (par intends to exercise $100) FINANCING ' • 75,000.000 the \ *488.285,900 62,000,000 ,f shares.—V. 171, p. SEC company covering warrants held March 20 filed a letter of 9,500 shares of common stock on 1264. Penick & Ford, Ltd., The corporation that President, -• Chairman of Vice-President, Bedford.—V. 171, p. 195. <■ Net ry. From Gross the the election board. been of Dr. elected J. with F. T. Max that the as will plan well to as be the issued Bedford, Widmer, to 1948 1947 - $677,629 $603,190 $469,666 171,191 174,640 102,037 64,851 117,687 139,759 78,257 1,070,291 1,482,994 1,257,612 966,430 196,884 405,816 331,195 223.206 157,346 273,497 274,352 166,777 J a. 11.-I—• from ry. —V. 1949 1950 77.826 railway railway oper. 173,-p. income 952. the under per share. President stated Commission $497,554 income... oper. from Net - Preferred Fire Underwriters, Inc., Seattle, Wash.—Files The Ine.-^-Changes in Personnel— has , be to have U. Pittsburgh & West Virginia Ry.—Earnings— February—; 4 from railway™. Net from railway*—_*, Gross corporation SEC announces Executive as notification by Howard D. Thomas, Jr., at $7.50 P. Pennsylvania, in which proceedings under Chapter X are y. l F'r. ■ :.r . Packard-Bell Co., Los Angeles, Calif.—Files With SEC The Philadelphia Co. Pennsylvania pending.—V. 171, p. 466: * sell such the S. 75,000,000 100,000,000 of for to District Court for the Western District of court the bankruptcy reorganization 75,000,000 ; only the number of shares subscribed subscription rights. It is not possible to determine the portion of the offering for which subscriptions will be received. American Telephone & Telegraph Co;, parent, which will re¬ ceive rights to subscribe for 728.908 shares, has informed the company through trustee- and submitted U. ; $75,000,000 82,000,000 The - Outstanding 30-year 3V*% debs, due March 1, 1978- $75,000,000 35-year 3%% debs, due Sept. 15, 198375,000,000 40-year 2%% debs, due Dec. 1, 1935__ 75,000,000 40-year 27/s% debs, due Oct. 1, 198G-.75,000,000 40-year 3%% debs, due Oct. 1, 1987__ 100,090,000 Cofiimon stock (par $100) 650,000,003 other share, to their stock- all holders $10,902,167, $10,767,909. re¬ shares, subscribe for in from guarantees the net combinations allocations controversial issues securities.' and/or The unguaranteed System securities, will be allocated and such stock 1950 1950 for 814,- stock, Net d'Alene*'Idaho—Merger— Jan- 23 of 0D covering 802,033 corporations, it is March of that it intends to subscribe wlt,h the ,IUn* of record shares shares outstanding 820,000 preferred shares, for income™ oper. of before April 21, at par Telephone & Telegraph Co. owns 3.732,493 shares (91.75%) outstanding 4.068,165 common shares and 640,957 (78.17%) of T; Co. "The >-•" » Sf that company atockholders in preferreti rights to subscribe shares of common 250,000 17 451,092 Nwthuna Mining Co., Coeur vrtth the ceive railway.™ railway...™ "Deficit.—V, 171, • of & S"1,653,087 $10 ,599,087 $10,270,023 "392,604 898,350 1,733,117 "1,172,422 92,325 1,139,253 "592.817 income. ad- com- '■ , .... , of cash, new company bonds and being arrived at on the basis of a concerning the- respective claims of Philadelphia Co., public creditors, and puDlic security holders. Philadelphia Co., which owns all of the preferred and common stocks of Pittsburgh Railways Co., and which, in addition, with its subsidiaries, holds bonds, stock, and other claims against the Railways System ex¬ ceeding $76,000,000, will receive 50.9% of the new company's common common compromise of extensions, additions and improvements to plant of company and of its wholly-owned subsidiary, Bell Telephone Co. of Nevada. The offering is not underwritten. ' \ ' 500,000 .! L949 $°,002,0*9 railway-..—_ and according to the 1950, Authorized railway,.™ Jan. from in 900,000 from Net utility plant betterments early v",'-":,V; 1263 oper. Net basis of 500,000 —-™.-_ Northern Pacific Ry.—Earnings— ry. and common additional preferred - FebruaryNet finance and varying-amounts T Kormendi Co.™__ f Net to 1949, 1264. ■ American & -™ p. from 694 . Co Co • Gross bank 1948, p. mainder for cost __ & ™. Co. H. Weeden Auchincloss, Redpath -™ Co. The respec¬ contract, Williem Blair & Co G. .™ M. the in 171, of guaranteed and ers ^ Pacific Telephone & Telegraph Co.—Rights— t proceeds Equitable Securities Corp. —.—: :—$i ,500.000 Blair, Rol'ins & Co. Inc. 1 200,000 P. S. Moseley & Co. 1 200,000 Phelps. Fenn & Co. 1 200,000 Laurence from made pany.—V. indenture the and purchased follows: Pomeroy, Inc. pay 261,700 shs. • 3,500,000 shs. under' aereed subject to .the terms & 1949, 211,380 shs. to Pacific's $9,000,000 promissory note dat»d Sept. 30, and held by Mellon National Bank & Trust Co. The money was 9,000,4)00 500,000 shs. $20) issued , names •re Hirsch 'i be 'if, - » price to be paid to the company for the bonds will be de¬ by competitive bidding, the appl ication says.; The bonds arc. termined to have been given tively, as '-if.;- -^11,000,000 . * value)..*, issuable UNDERWRITERS—The amounts (par par bonds $45,000,000 : ____ cumul. «•. * s 2-%%,- 1. ;• sink. fd. dtbs., due Apr, 15, 1968 Cumulative preferred 6tock par $100) 4rl,4% „ Outstanding - 3%%,. , series 1980.™. 3% % 4%% • .. bonus, FINANCING Authorized ' dUA Aug., 1, First PRESENT - covering and 10.500 formerly the formerly Association. on proceeds March 1,500 shares shares to be No of of 15 used for filed a letter participating common stock (par organization of $1) to expenses underwriting involved. succeed. Mr. . (Continued on notification preferred page 42) stock be. of with (par offered the $100) at par, Preferred Fire J Volume 171. Number 4895 -vl^THE-: '.COMMERCIAL & FINANCIAL CHRONICLE (1361) Stock Record «» New York Stock -/■Hi*!'UK » MB WEEKLY VOLUME * IMMC TEMLY RAH8E Iff SALE PBCES Range for Previous STOCKS Year 1949 Lowest t per share 37 Jun l7/« I per share 3% 17% Oct 21% May xl7 Va Jun 23 2% Feb 35 Jan 44% Sep 27% Mar 47 Dec 14% 19% 21 , Dec Nov 5% Jun 11% 51% 43 23% May 110% Dec Jan 97% Mar 2% Jun 4% 13 y8 Feb 18% 64 Apr 2Va 64% Jan 17% Jun • Sep 4 T 67 % Jan '» 79% Mar 14 2lVaJan Feb 1 ^<3 10 72 Mar 83% Jan '<■' 2 4 93% Feb 89% Mar 2 92 6 Jun 8% Jan 8% Jan 3 200% Jan 13 Jan 3 Jun 210 Dec Jun 19 Dec Jun 30% Oct Feb 25% 35% 19 32% Jan Feb 13 36% Feb 16 95% Jan Allied 3 Jan 97% Nov 93 Feb 33% Dec 31% Jan 13 35% Mar 23 Jun 88 Oct 86% Feb 17 26% Jan 37% Dec 2% Jun 4% '90% Jan 18 37 Apr 89 Va Jan 6% Jan • 35% Feb 28 40 Jan Jan 2 40 % Feb 2 9% Jan 3 Feb 10 26% Jan x69 70 Dec 27 Dec 69' Oct x7% 12 Dec 30% Mar 35 Jan 96% July 5% Jun 104 Jan 101% Feb 8 Jan 7% Jan 13 3% Jan 3 105% Jan 3 1R3% Jan 11% Feb 4 Jan Jun Jun 2% 10% Jan Mar 10% Jan 13 4 Sep Jan Jan 60 21% Jun 60 Jun 82 Jan 12 19% July Feb 25% Dec 18 15 Sep 44% Jan 19 Va Dec 18% Jan •' 19% Jun 14 71% July 87 Mar 82 Jan 51% Dec "i 49 Jan Dec 115% Jan 32% Jan 4% $ per cum 6% Jan Dec 21% Nov 20 Va Jan 1% Jun Dec Brake 11% Dec Dec • : . Jan conv 4% Jun 96% Jan 5% Jan 28% Nov 32 Feb 84 : Jun Mar 6% Mar 23% Jan 78 Jan Jan 5% Jan 'i 29 6 4 4 Jun 37 39% Jun Feb 142 34% 130 •• 19% Jan i 36% Aug 34% Jan 21% Jan 7% Jun 31% Feb 120 16 , Jun July 138 Jun 13% Jan 14% Jan 8% 13 Feb ■-■■■ 7 Dec * , -111% 112% 42 *70% 43% Dec 40 42% Dec •' 141 Jan Jan Mar Jan 22% Mar 24 Dec 7 38% Jan 25 128% Jan 13 146 Va Jan, Jan 76% Dec 70 153% Dec 151 •71% • 27 91% Mar 59% Jun 4% Jun 8% Mar 7% 48 % Jun 65 r no 41% 42 41% 42 10% li lu"<4 11'A 70% 70% 70% 70% 70% 71 1 IP/a 173/4 18 12% 12% 12% 12% 12% 12% 12 Va 32% 32% 32% 32% 32% 103 y2 103% 103% 1 8% 9% 9 9% V 9% 4% 4% 4% 4% 4% 116% 116% 187 187 -■ Jun Jun Jan 40% - f»pc Dec 48% Jun Jun 28% 8% July Dec 11 % Nov ; 2% Aug .4% Jan : 26% May 42% Nov For Xl 1% 103 33 32% 103 % 9% 4% 103 9% 4% v, 12'A 33 4% 4% 116 115% 116'A 115'A 188% 187 187 186'/2 116% 115% ii6ya 187% 187% 187% •187% 23 VB 22% 22 y2 22% 23 22% 22% 61% 60% 61 Va 61 % 60% 60% 60 y4 60% 61 24% 23% 23% 23% 23% 23 y2 23% 50 50 49% 50 50 48% 48% 1,800 22 22 21% 21% ♦21% 21% 21% 21'% 1,300 *18% 18% 18% 18% 18% 18% 18% 18% •18% 18% 18% *84 85 85 ♦84 85 37 j *84 37 , ? *84 85 Monday V 't Saturday * Mar. :>7 t per share 85 *84 57 ya 56% 23% 49 55% 133% 133% 36 36% 57% 133 134 Tuesday , }: Mar. 28 # per share / 7% 1 *)!" S per share 7 7 ♦19% 20 36% 35% 7 V 19% 21 % ',4% 82 24% 71 72% 1 *5% *46% 7 Friday 7% 6% 19% *19% 21 Va 21% 21 Va 21% 20 V4 4% 4Va 41/4 3% 4Va 3% 20 •19% ' % 3% 3% 82% 80 81% 79-% 7,400 22% 24 22% 23% 21% 23 22 23'A 72y, 69% 71% 68 70% 69'A 70 36,300 7,200 54% 54% 54% 53% 54% 53% 53% 53% 54 42 42 42 42 42 41% 42 41'A 41'A 1,000 5% 6% 15,300 81% •; " 5% 32% •> 86% 89 5% 33" , 5'A *46% 32% 1.00 preferred 33 *7% -, 13% .. 90 , . 77 rBO'A 78'A 14% 7%. ' : *105% w 6%, 31% 36 No par 14% 14% —100 ♦176% 178% 5 7% 7% American Seating Co 45% 45% 40 ; 40% . 28 37 i 106% San'y com. , No par Building Co—No par Amer Smelt 8c Refg com No par 7% preferred 100 American Snuff Co common • 6% .» non-cum 25 100 preferred 213/4 21% 13% 13% 13% 13% 14% 143/a 15 88 88 881/4 14% 85 ■: *105% 6% 30% 31 y. 36 *35% - 7% 3 3 Stores 6% 31 106% 20 6% 6% *6% 32% 32 ye 35% 35% ♦35% 36 400 19% 36 201/4 19% 20 41,200 14 «/4 31,100 6% - 80C 32% 18,400 ' 14% 14% 14% 14% 14 Va *176% 178% *176% 178'% •176% 178% 7% 7% 7'/a 7% 7% 45% 45% 45% 20 y8 106% 9 4 .■ 51% 164% 42% 45% 45% 40 51% 40% *39% 52 51% . 163 145 20% 50% 51 163 42% 42% 143 *141% 12 31 Jan 9 8 Mar 4 23% Jan. 7 51 1613/4 42% 42% 6,900 451/4 39i/a 441/4 44% 2,900 *39 511/4 42% *42 1,200 313/4 31% 31% No par 10% 10 700 10%,; 10 50 50 *132% 135 *10 49% 48% ■ 10'/« ,*47% 135 ♦132 , 132% 10 48% 132% •132 " 21% 21 5 *21% 21% .100 154% 155 Vk ; , . 21 21 154 %< 155% 72% 71% 154% 155 y. 47 Va 21 154% 10 10 48 136 47 •132 , 21 *1411/2 10 93A 20% 4,100 154% 26,200 72% 70% 71 70% 70% 70'A 155 JA 155 W 155% 156 156% 156% 156'A 158 66% 65 Va 66% 64% 65 64% 65% 65'A 66 *120% 121% •120% 121% •120% 5 11% Woolen common—No par 22% preferred , 100 $4 conv prior preference—No par 86% 7% Amer Zinc Lead 8c Smelt com *68% 11 22% 87 , 697/a 1 *6% 25 50 63 »/2 28% 28% 8c Cable—-No par 28% 28% 46 46 % . 6% 63% No par *110 21% . 110% 86'A 68% 1 f 22% 86% • 11% 22% 11% , 68% 6% 63% * 11% 24 86% 86% 69 ... 69 6% • 7'/« 62% , 703/4 70 70% 157% 8,700 620 67'A 13,200 120 121 'A 157% 66 120% 660 ■: 11 22% ' ; 6% 62% ;• / 121% 200 *20% 153% 155% 120% 1,900 20% 72 V* 121 1,300 47 132 1543A 66% 121 9% 47 20% 155% 100 50 153% 155% 25 preferred 145 132 47% 134 100 Tobacco common preferred 62'/2 11% 23% X86 69% 7 *62% 12 11 . 23% 85'A 113/4 11% 11% 52,800 '/4 2278 23% 23,200 86 86 22% 86 69% •69 7 Va 83 69% 6% 62'A *69 6% 62% , 260 ,69% 0% 180 6'/2 10,200 ' 63% 62 62 . 28% 28 V2 28 Va 28% 28 28% 28% 28 28% 28% 28% 28% 28% 28'A 46 Va 46 % 23 y2 46% 28'A 46% 46% 47% 46 y4 473/4 45% 210 28'A 28% ) 46 1 110% ♦110 53 22% 22% 20 *9y* 10 Va 6 5 *3% 4 3% Archer-Daniels-Midland No Par •40% 41 40% 40% *110 | 3% 41% Feb 10 Anderson, Clayton 8s Co Anderson-Prlchard Oil Corp 43 5,900 100 $4 preferred 480 23% 145 American Viscose Corp common.. 14 Wire 10,500 313/4 preferred $5 prior conv preferred Anaconda Copper Mining— 260 51'A 161% 160 31% •141% . American « 40 50% 1613/4 > 5% 40 TVs ' 6% 176% 7'/a *31 Va 53 12 39'/a 51% 163% 13% 176 7'A 31'/2 10 Mar 42% 44% 40 14'A 178% 31% 143 , Andes Copper Mining A P W Products Co Inc 10% Jan ' 7 31% 20 110% Mar 50% 162 14 •176% 31% American Tel 8c Tel Co 7% Jan 10 Jan 42% 145 •39'A 14%! 32 </4 American Water Works Co Inc 65 40 162% 163% - 42% 42% *143 7 45 , 164% . . 53 . . 9% 22 «A; , 110'% 54% .54% 21% ' 28'% . 9% 54% 21% 22 *9% *3% - 40 9% 28% •110 •54%. 21% •9% 110% 11C 55 •53% 21% 20% 10 3% •3% 39% 39% 9% 3% 40 Va 110 54% 2l'/a n% - ♦no • ♦54 20% 9% 19,000 540 4,600 110% 40 54% 1.200 20% 7,800 9% 400 3% ' 3% ♦3% 3% 200 383A 39y. 39% 39i/2 1,600 footnotes see page 20. 2,600 31% 6%, 31% •35% >105'A 1 *31% American 5 *105 y4 20 1,900 . No par Co 12 Va Mar 22 \; 73/a 30'A 30% * 12,200 23% Jan 4 7% 30'A 400 14% 85% 23% Anaconda 15 7% 30»/2 •105'A i06y2 7% 30% 13% ♦84 3/8 23'A Anchor Hock Glass Corp com—12.50 Feb 3 7% 7% 30% 143/a* 24 47% Mar 30 9% Jan 85% 145 31% Jan 12 34% Jan 13 13% •84% 23% American Sumatra Tobacco . - Mar 30 Jan - 25,200 88' ♦ 14% 85% 20% 20% ♦87 , 14 y8 ♦84% 20% 20% 88 600 1,500 *141% American Stove Co 55 ♦87 .15 23% 32% Jan 28 , 36 ♦14%* ,15 23 Va American Sugar Refining com—100 Mar 121 y2 Mar 28 - 1061/2 *6% 31% 15 23% 50% Mar 23 76y2Jan ^ 7% 31 : 23 American 22% Feb 11 7% ? 30% 105% 250 21% 14 7% 1,400 93 21% *88 31% 5,300 8 ' 23 y. 27 12 32% •90 22% Mar 22 Jan 8 7,100 No par American Steel Foundries Jan 19»/4 Feb x51 , 323/a 8 91 21% 85 ^ 33 Va 8 21% 36 : 20% No par 32% 91 7% 92 ' 4834 21% 31 Va . ■r *46 21% *6'/a "\6% it , 33«/a 50 15 14% .105'A 106 % 6% 31% •46% 50 5% 14% 85% 7% . 91 5% 13% 88% 30% 7% 20% - < 74 7% - 14% . 31 American Ship 13 Jan 155% Mar 27 ■ 32% 7% 90 < 85% .. 85% 36 News Co 7% preferred 2 8 •46%' 5% - 14% . < 13% 88% ■ *30% 1 12% Jan 11 14 5Va 50 7% ,7% —.100 . 23,400 " 71% ; "87% No par 100 5,400 3% 73% 50.. 8 14% 21 24% *46% 32% ♦85., 20 20-4 42 52 13% 100 3,900 *19% 83 y* 5% 87% No par Sharee 7»/4 7 - 2' the Week I per share 7% 20 Sales for Mar. 31 Mar. 3D 54 Va , new.No par 9 Feb Mar 11,000 2,200 36 22% ;• -1 American Safety Razor_—— 10 Jan 133'% 36 70% '21% 13% 34% Feb 27: • 30,000 132% 35% 57'A 81% - 5% 32% 111—ni preferred Amer Rad 8c St 27% Feb 18 • 600 85 56% 135 t per share 19% 4% 82% 23% American Natural Gas Co.—No par. 3 133 18% - *84 57% Thursday'' Mar. 20 21% 21 4% Wednesday; tper share. ' 21 1 American Molasses Co__ 42% Mar 27 : 2,100 23% 50% 22 V* 50 preferred com 23% 24 Va 22 No par No par No par preferred— Light 450 61 Va 11,000 3,800 50% 21% 8c 2,700 22% 50% 21% Amer Pwr 115% 186% < 22 ♦21% American 23,000 low AND HIGH SALE PRICES Amer Machine 8s Metals . 4% 22% 14% 4%% 600 191,100 4% 22% 14% 3.90% 3,200 103 'i 116% ,60 130 33,600 33 103 187% 116 8,200 ' 12% 32% 103 *4 ' 700 18 11% ' 1,800 -1,000 39,700 65'A i 15% 6 94% Feb ; 55% Jan 15% : 33 9% 4% • 17% :r 12% 109'A /• v4 * 66 60 % American Metal Co Ltd corn-No par Jan 18 145 * * 27% Mar 10 35% Jan 35% Jan 25% 108 33 103 103 Va " 22% *14% 1% 10 5 85 61 Dec 25 Va < 109 y4 { 22% Mar. 25 Amer Mach 8c Fdry com 7 57% Jan 166 3 3 7% Jan 21% Feb 28 5% Feb Dec 22% 99% Mar 71 *102% European Secur non-cum 9,200 45 '• 109% *65% 86'% 3 68% Mar 18 - Jan 80 .* 1,400 4-/a. ' *39 11 Va *70 • 400 35 % 35% ■ 43 42% 65% *7% - ' 11 43 % Jan • Aug Sep 35% :"<a . 110% .' ■**> 79 35% *39 10% 17% *35% - Feb 9,300 83 'A 110% 65% 100 - • * 117% Jan 25 38% 10 J 34 88'A •41% , 1/% American Investment Co of " 75 Jun 94 33%' 89'A ■ Mar 158 Jan 94 34% 3% 43 18 > American Looomotive common 51% Mar 16 - Mar 31 Feb ' 6 6% 96 333A 36 3% 65 % American International Corp.No par Mar 22 8 64% Mar 29 21% 36 *39- 17% ' Feb 20 17 Dec 121 •94 300 *38 % 89 65% No par 6% 9% Jan 11 5 19% Jan 20% Nov Apr 96 34% y 12 : 14% Jan 9% Mar 21 Jan 128% Nov xll7% 9,000 65% 100 American Ice Co common 9 177 29% Jan 13 74 33% 10% 25 6% 20 .. ' 2 Jan 150% 33% 18 7% Mar 29 21% Feb 28 - 2 Feb Sep 1 Dec 33% 41% ___1 convertible preferred American Home Products > 30 36% Jan 28 \ 27 - 12% 33'A 71% 42 7% Jan 50% Mar 28 158 Dec 45 34 10% 100 $6 preferred 33% Mar 16 39V8 Mar 30 56% Jan 31% 1,700 33% 18 54% 106%-Mar 441/4 Mar 31 164 3,100 28 2 Co 218'% 20 65% com—No par 217 *27% 71% , 16,100 *19% 89; 111 10'A 218 V2 217 10 41 % ■ 70 10 Va 19% 3% 111 11 y8 700 93 28'A 34 Va *38% ,43 42% 10% *91 19% *94 36 3% 9,400 273A 10 100 42 - Mar 28 Nov ' Jan 49% May , 11% ... 54% 34% Jan 10 176 Sep 178 Jan 60% 135 43% 11 10 85% Mar 15 25 28 112'/a *42% 10 91% Feb v - 13 150 112 Va 1 36 . 43% 900 26 103 '/2 28% 34% , / *37 Va •<" 96 *89 Vi 20 89% 34 Va 4 3% V No par American Hide 8c Leather com •■*18% Feb 15 >'• 5 29% Jan Jun 36% 4 45 *19% > 18 15% Jan - 3 6% Jan Dec 33% Jan 3 6'A 4 American Hawaiian SS Co 3 V* Mar 22 104% Jan 105% Nov 7 Oct 49 36% i No par $7 preferred ; $7 2nd preferred A t 8% Jan 11 'J, 10 *36% 1 American Gas 8s Electric Co. 92 v 19% Mar 30 169 par 1 Mar 23 22% Jan 13 13%' Mar 30 - • 33% Dec •> 89'/a , Sep ; 7% Mar Jun 35 89 Va No par American Export Lines Inc 40c Amer 8c Foreign Power com__No par American 4 34 >. -• J3% Mar 30 18% Jan 84 22% 21% Feb Dec Jan 15% Dec 34 89% 50 American Encaustic Tiling 30 , 14 102 96 35 Va 96 2,600 28 y, 34 33% 9% 220% *19% 92 92 10% 219 28% *94 *94 34% Par Mar 23 84 - 15% Dec Jan 34'A *89 y8 EXCHANGE 48 1 7% Feb MarlO Jun *94 20 28 y8 95 10'A 223 *19% 28% 33% 34'A 42% Jan '• 84 Jun 34% 10% 220% 20 *92 95 10% , 224% 222 222% .. *92 10% 9% *37% NEW YORK STOCK 6% Mar 31 Aug 11% 221 9% 55% Mar 22 31% Jan 9% Sep 73 9% 95 *92 36% 24% Feb : 47% Jan 76 95'. 29,700 ht 1 * 32% Dec - *92 132% 4% Jan Nov Jun •102 37% 4% Mar 23 39% Feb 12% 102 % 136y2 7% Jan 49% Jan Oct ; 5% Oct 22% 102 % 103 36% 20 > 64% Jan ' Dec 43% 15% Mar 10*1 Va 100 $ per share ' 51% Feb 103 lA 103. ;• 135% 3%* 251/4 Mar 22 ■ 103% American Distilling Co 73% Mar 27 100 103% 136% 7 ' Feb 103% 135% : Jan 25 "102% preferred series A.100 20 V 5% Jan 26% 56% Jan 73 25% 30 3% 70% c 27% 28% s .; 71 3% 70, 26'A 100 preferred *70 3% 70% *79% 58% Mar 20 81 2,200 27'A *19% preferred 71 33/a 69 7,500 80'A 19% Broadcasting Co Inc 71 3% 72 2% 15% 26% 28% - 39 % Mar 23 71 3% 10 2% 15% 3 15% 80'A 57% Jan 24% Co 2% 124 *118 15 Va 71% 50 Shoe 8,900 124 27% *78'/a 19% common 80 22'A 81 81 ;28% preferred conv 52% 22 15% *70 3% 72 19,500 *52 22'A 26% No par Corp • 3% *71 12% 52% 118 3 1,800 123,300 27% 100 preferred 71 3% 74 % 58% 16 48 3% 71% 2% 15% 71 71 3% 76% 3 16 58'/a 54 Jun 71 2% 49% 313,4 12'A 12% . 21% 124 15% 16% 10 61% 46 71% *118 124 49% 30% * <27'/a No par gtd 15% 3% *119 3 3 16% ; *71 1 Colortype Co American Crystal Sugar com 4%% prior preferred American Cyanamid Co com 23 19% Dec "" 3 *16% 121 121 22 69% Oct 2% > 5 121 24 Jun Jun *118 *50 Jan Jun 12 100 40% *39% 41% ♦52 Corp common__No par Chicle *40% 12% 10 10 100 Jan 3% 32% No par 2% Jan 34 49'% 30 y8 No par 133 3 19% Jan 45% 49'A 31% American 6 Feb 6% 49 30% American 12 59% Mar 20 28 15% 37 40% 48% 30% 52% convertible preferred Highest Oct 13% 44 40% 48% 28% American Chain 8c Cable share 18% Jan 3% 41 Vi 483<a 30 STOCKS $ per share 6% *40% 43% 28% 23 Lowest Highest Feb 41% 48 Va 22'A preferred Range 8inee Jan. 1 Year 1949 I per share *4oy2 5 Petroleum Range for Previous Lowest 4,500 Mar 22 86% Jan 13 120 Jan Jun 22 Feb xl9% Mar 16 16 36% Mar 99 25Va 21 % 51 3 13 Feb 22% 23 26% Jan 5 35 % 1% 22 12% American Car 8c Fdry com—No par Feb 18 79 7 24 Jan 18 Oct 7% 22% 22 American Can Co common Jan 22 Va 52% 28 Jan 30% Feb 22 Va 12% American Cable 8c Radio Corp 190 23% Mar 28 47% Feb 4% 22 22 V\ Agricultural Chemical American % 53 ya 14 119 < Mar 23 15% 39% Amer • 12% Mar 31 22 12 y2 American Bosch Corp 20 35 5% Jan 22 Va Mar 24 33% 6% 22 22 1 American Bank Note 7 15 104% Jan - conv 3%% 6 • Feb 4,800 53% American Airlines common "13% Feb 24 32%. Mar 22 187% 172% Mar 67 2 x63 ..',4% Dec 106% Dec* Jun 81 , 19% 13 preferred 100 Mfg common.No par Amer 19% No par Stores Amerada 27 20 22% ______100 Mills 8 45% Mar * 19% 53 Alpha Portland Cement No Amalgamated Leather Co com. 6% convertible preferred ■ 20 12% Industries Inc 3 75% Jan 17% Mar 28 Sep 10% July 1 26 113% Feb 100% Mar 45 61% July 51 20 Jan 19% 22 preferred A 3%% 20V4 53 lo 2,300 9,700 20 13 100 3 '/a 20 >A 22 Va Ry 45'A 3Va 20 , - 53% Allls-Chalmers 11 4% Jan *40 26 • • 11 38% Jan 20 3% Feb - 120% Oct :♦ Feb 34% • 4% Nov 43 • Vicksburg 44 ya 3V» 3y« .22 '/a Allied Kid Co 3 76 12% Share» 45% 45 3 V* Sales for the Week t per share t per share 46 % 3 % *52% $4.50 conv preferred Allied 45% 3% 50 Allied Chemical 8s Dye . t per share* 46 y8 s 28% *79 2 *3'/a 49 27%" 74 Allen 11 21 <Sr 46 y8 3% Friday Mar. 31 Mar. 30 No par Allegheny & West Ry 6% ■ . Mar 16 Feb 29% Jan - 25% 83% 41% .49 100 ,, Mar 22 229 x27% Feb 24 Dec *40% $2.50 prior conv preferred-No par Allegheny Ludlum Steel Corp.No par • / 10% Mar 28 15% 5%% - 103% Mar 23. July 24% 22 lA No par * 4V*% preferred w w„ Allegheny Corp common V - ? 27% Mar 23 -> 83 165 22 y8 Alaska Juneau Gold Mining Aldens Inc common v/ 11 Sep Mar 20% $3 preferred w w Alabama , 9 4% Jan 85% Feb 88 104 Va 47% 3% ' Thursday ' Mar. 2» $ per share 46% * 3'/2 < Wednesday Mar. 28 $ per share 47% . —1 Air Reduction Inc V 5 94 < > 3% Jan 3 Jan . ? 9 18% Jan 4 Jan 27% 9 ■ Mar 30 Dec * 86% 55% Mar 121 3% Mar 27 <69 • .20 24 25% Jan - v 15% Mar 29 Dec Dec * 5 2% Mar 22 , ,_10 Adams Express Co__ Adams-Millis Corp. 14 Feb 3% Addressograph-Multlgraph Corp__lo Admiral Corp new common 1 13% Mar 15. /Affiliated Gas Equipment com 1 v. . 5 110% .Jan - Dec- 73 26 .Jan Acme Steel Co. 47% .2.50 : Tuesday Mar. 27 t per share 5 Co. Motors AND HIGH SALE PRICES Monday Mar. 25 32% Mar 30. • 21% Mar.30 Nov 82% Feb 50 ACF-Jiriii 11. >42% Feb 3 Abbott Laboratories 11 23% Jan 13 - 9% Jan 51 .1 J Feb 40% 14 Jan 17% Jan , Dec 18% ,21% Jan 3 Feb LOW Saturday . - Par 4 FOR EVERY USTEDISS8E ■ ,. * STOCK EXCHANGE: 21 3% Mar 40% Mar 22 , Dec May 46 54% Jan 1 19% Jan Dec * YORK ' t per share 44% Mar 31 Dec NEW Highest I per share Dec 51 Jun Since Jan. 1 Range Lowest Highest Exchange Vn 1»t m 1, « » 9 10 THE (1362) COMMERCIAL NEW Range Since Jan. 1 Year 1949 Lowest ( Lowest Highest $ per tper share g per share 19% Jun 29% Dec 26% Jan Jun 95 Feb 89 Jan 3 5 Jun 8% Dec 7% Jan 13 Jun 77% Jan 69 Jan 13 43 Jan 27 49 % 51% Dec Jun 101% Dec Jun 114 38% Jun 94 105% 4%% 9% Jan 30 81 Armour Dec 15 13% Jan 15% 109 Apr 101% Dec 30% Feb 50% Jun 105 % Jun 105% 10 4 Feb 17 Jan 19 Illinois com—5 *79'% ; *52% Artloom Carpet Co Inc —No par Associated Dry Goods common—.1 10% 9 Jan 30 6% 1st preferred..!.— Feb 7% 15% 2nd preferred......——100 47% Jan 100% Jan 16 Nov 103% Jan 59% Mar 13 Jan 7 27 2 Associates 111% Mar 16 i 106% Mar 21 .100 107 100% 5% —100 preferred! non-cum Dec 15 Jan 12% Jan 3 Jun 47 Jan 41 Jan 13 43% Mar 27 53 Feb 73 Dec 68 Jan 28 80 Mar 23 Atl 77 Feb 94 Mar 87 Jan 13 90 Mar 24 30% Jun 42% Dec 363% Jan 24 Jun 1123/4 Dec 108% Feb 1 115 102 993/4 Jan 5 102% Mar 11 22% Jan 19 25% Feb 7 Atlas Corp.— 51% Mar 25 55% Feb 3 Atlas 112% Mar 30 4% 106 Dec 93% Jun 20 Jan 24% Aug 42 Jun 58 Jan 100 Feb 110 Dec 105 Feb Sep 20% Jan 13 73/8 Sep 1 4% Feb 13% 4% Jun 10% Nov 4"% Jun 7% Jun 44% 153/a 25 24 Feb 25 Feb preferred non-cum Atlantic 4% .10 — 80 *88 Refining common 90 Preferred $3.75 series B 97% 96% 97 8% 8% 8% 8% 24,100 80% *78% 79% 1.000 15% 58 % 58 % 1053% 113% *15% 15% 15 % *15% 9% 9% 9% 10 10 15% 15% 107 107 *99 100 99% 993/4*:. 99% 99% 53 57% 57% 55% 57 109% 109 110% 108 110% 10834 109% 105% 105% 105% 1053i 1053/4 106 105% 58 i 105 % 1,300 123/4 13 123/4 123/4 3,100 45 % 47% 46 46% 5,400 *76% 78% *76 78 *76 77% 89% *87% 89% 39% 89 8934 400 42% 43 % 42% 42% *87% 41% 43 41% 42% 13,100 113% 113% 113% 113% 113% 113% 114% 510 101 ioo3/4 102 *78 80 *88 « 89% 42% 78% *88 45% *100 100% 24% 51% 51 % 100 No par *111% Austin Nichols No par 7% 112% 21% 73% No par *15% *6% 13 Jan 53/4 Jan 3 7% Feb 16 Avco Mfg Corp Jan 373/4 Jan 4 46% Feb 16 $2.25 conv 6% 43% Mar 27 15% Jan 25 Babbitt 13% Feb 11% Jan 16 Baldwin Locomotive Works 11 Baltimore & Ohio i$1.20> pref —5c (The) common >3 preferred—: No par • 9,300 13 24% Conv prior ; 47% 101% Automatic Canteen Co of Amer—5 1,600 12% 51% Autocar Co 160 ;; v- 47% 24% 12 110 107 13 24% 10 106 47% 73% 52 28 107 12% 100% Feb 105% 47% 51% 7% Jan V 13% 24% 14% Jan 7,100 *106 48% 100% 3 15%: 15%- 1,300 12% 101 12 9% 47% Z \ 101 *21 153/a 110 200 16 100 58% 24% preferred 15 153/a 150 1 - 108 1053/4 2,700 102 113% 15% *106 22.600 503/4 102 114 % 52% common 49% 101% 51% 3 50% 101% -113 % *24% convertible 50 Shares 540 114% 153/4 Atlas Tack Corp 16 51 80 101% —5 common.— 79 16 99% 58 503/4 No par Powder 25 ' 96% 8% 10 100% 114 Jan 16 97% 101% *15% 107% 113% ..100 31% *113% 10 113% 6% Jan . 10 45% 114 45 series A—100 preferred conv 100 25 12% Jan 15 153/a 80 Jan 8 15% 15% 13 31% 114 *993% 47% 32 51% '108% 110% 13 31 8% 101% 114 *106% 46% I SS Lines common...1 G & W 5% 27 8% Mar Inc.— -■17% Mar Feb 34% Dec Jan 6% Jan A T F 45% Mar 24 2 15 6 51 *101 *105% 106% Atlantic Coast Line RR——No par 14% Feb 52% 15% 109% 32% 97% ' 80 114 % 58% 10% ' 80 101 % 100% 108% 31% 8% 10 107 S per share t 52 10% 58% 32% 80% Sales tor the Week S per share *79% 98 8% Friday Mar. 31 Mar. 30 Sper share 32% 96 Thursday Mar. 20 *101 16 1950 PRICES Wednesday *113% ' Co________10 . Investment 52% •32% V 9% 79% Atch Topeka & Santa Fe com—100 - 8% 114 9 104 97 " ' 101% SALE t per share 33% <-101 *15% 110 32% 96 *113 5 4 33% 97% 81 HIGH Mar. 28 $ per share 9% 9 Arnold Constable Corp./.—— 99% Mar 31 |104% Mar 1 Nov 33% *96% 91 12% Jan "■.■17% Jan Mar 10 15 Sep Dec Apr 87 of Co & Armstrong Cork Co com._...No par $3.75 preferred 4 .No par $4 convertible preferred—.No par 114% Mar 23 Mar 13 93% Jan lo 52% Mar 23 102 111 Feb Corp common..; AND Tuesday ' Mar. 27 % per share convertible preferred.—100 $6 conv prior preferred—_;.No par 100% Mar 13 LOW Monday Mar. 25 Mar 23 Oct 95 97% Armco Steel 1 Monday, April 3, RECORD Saturday Par 4- 16% 13% Mar 7% July 11% Feb 80 33% Mar 99% Feb CHRONICLE, /'* , $ per share 13 77 STOCK NEW YORK SfOCK EXCHANGE ' Highest share FINANCIAL YORK STOCKS Range for Previous & 112 112 21% 15% 112% 6% 15% *6% 13% 127a 7 7% 7% 43% 42% 14% 14' 7 433/4 243/4 7,200 51% 51% 1,260 *112% 112% 112% 21% 20% 20% 7% 7% 15% *15% 6% 6% 7% 43% 44% 43% 14 Va 43 14 200 7% 1,500 15% 6% 7% 45%' 123% 3,400 7% 13 6% 12% 6% 73/8 7% 21% *15% 15% 123/4 70 114 7% *18 7%< 6% 13% 13 7% 42% 24% 51% 114 *15% 6% 13 1,150 24% 51% 7 15% *15% 6% 13 13 * 102 24% 51% *20% 7% 101% 24% -112% 21% 7% 8 *15% 6% 112 *20% 21% *7% *114 300 73/4 166,200 453/8 5,900 44 % • 2,000 T. B Jun 15 Nov 8% Jun 12% Jan 9% Mar 27 7% Jun 113/a Jan 9 % Jan 3 18% Feb 14 173% Feb 3 xl3 14% {.'1 Jun 22% Jan 14% Jun 25 Jan 60% Jun 72 July 38 Jun 53 14 Dec • 15 36 Feb 16% Jan 363/4 Jan 3 173/4 Jan 11% Jun Nov Feb 12% Nov 20% 16 Y* Oct ' 20% Jan- 17 Jun : 373/8 17% 11% 34% Jan 13 Jan 9V8 Jan 25% Jan 73% Jan 93 Jan 12 1% Jan 26% Jan 36 Dec 32 3/4 Mar 30 % Jan 33% Jan Dec 1393/8 Jan 4 4 23 Cum 20 __5 Cum 4,500* 11% 3,300 11% 32% V 103 15 % 153/s 5 21 %144 : 28 pfd $3.25 / 84 \ 8% Z *13% 25% 12 Best & Co Mar Best Foods 7% 9 preferred 33% 34% .: 100 ___! *142 No par No par Lowest Range Since Jan. 1 Lowest Highest $ per # per share Highest $ per share share 22% Jun 30% Jan Jun 15 y8 Nov 14Va Jan 8% Jun 14% Dec Jun 15 Dec *83'/2 84% *84 8% 8% *8 *31% 32% *31 y2 '32% 323% 31% 32% 32'% *13% 14% 14'% *13% X4 87 42 43 Ya 10 V» 10 Va 25% 88 10 Vb 26 10 26 3 3 Black & Decker Mfg Co 4 Elaw-Knox Co 14% Jan 4 22% Jan Par 15% Mar 28 13% Jan 'J- 5 Bliss 16 Mar 13 (E W) No par — 6 Bohn Jan 50 Aug 64 Jan 52% Feb 21 Jan 10 18 Aug 32% Jan 18% Feb 18 x24% Jan 12 133/8 Nov 19% July 13% Mar 28 16% Jan 9 481/sJan 51% Feb 20 Borden Co 603/4 Mar 17 51 Dec 42% Apr 59% Dec 55 91% May 98 y2 Dec 973/4 Jan 3 2% Jan 1% Jan 30 1% Mar 26 6% 38 Dec x34%Feb 8% Mar 47% Jan 7% Feb 100 14 Jan Jun 21% Jun 32 20 y8 Jun 29% Nov 25% Jan 28 Apr Jan 21 32% Mar 9y»Jan Jan 13 14 291/4 Jan Jan Jan 13 12% Dec 113,4 Jan 13 40 Jan 29% Mar 36 36% Mar 29% Jan Dec 18 : 433% Mar 29 '14 40 2 Mar 7 Jan 3 95 Jan 15% IO23/4 Dec Jun 13% 120 Dec 24• • Dec 193/4 Jun 125 Feb 100 22 Feb Mar 29 . 18% Jan Sep 123 103% Jan 24 16 3 25% Feb v 20 Va Jan Z. Mar 20 124 Feb 11 26% 26%. 26 3% 263% 26 3% 33% 333/4 333% 34% 26% 13% Jun ,76 Dec Oct - 12% Jam • ' 34'% 34% 32% 142% 142% 34% 143% 35% Dec 18% Dec Jun 12% Feb .3 133% Apr 77 May 70% Jun 73 'Apr 13% Jun 7 Jun x97%- Jun Jan 36 Jun 34y2 Jan 13 31% Feb r193/i Dec 171/4 Mar 30 142 142 25 25 25 24% 243% 12 V» 125% 12 123% 13 13% 26'% 26'% 1,100 14'% 143^ / 5,500 —1 12% 12% 12% 12% 15% 12'% 12% 12% 12% 12'% 12% 12'% 12S'e 5,000 15'% 27% 15 153/a *14% 27 27 27% 26% 27% 26'% 27 7,900 23% 24 Va 24% 24% 24 / 24% 24 24% 5,300 54% Dec 122 3 Mar 31 117 60 3 r 17 Jun Feb Jun 98% Jun 20% 11% Dec Jun Jun Feb 82 - • 4% Mar Mar 30 24% 105 Jan Dec " 26% Jan 3% Jan , 22 Feb 52 May .58 Apr Jan V Jun 2 Oct 1% Feb 3% Jun *5% Jan 4 16% Jun 9% Jan 12% Feb Sep 109 % Mar 98 *2 % Jan 35% Jun 10% Jun 153% Dec 40% Jan 51 Dec 50 »an !^ar 41 May «ec Mar 56y2 Nov 5V* Feb 9% Oct For footnotes see page 34Vs Feb 53 19 Feb 5 Vs 55 Vs 54'% 20% 13 3/4 20% 20'% 20% *54'% 20% 13% 13% 13% 135% 513'a 50% 51% 50% 51 50% 50% 50'/a 7,900 60 % 59'% 60 58% 59% 58% 59'% 58% 59 Va 11,800 99 98 98 V 98% 99 97% 9&»/2 *9734 98'% 250 15 (assented) 51% 51%, .5 59% 60% 100 *98% 51 . 593/4 99 ' *98 100 2% 23/a .5 *36% 36%, —2.50 *8V4 8% 15 '*23 2'/a - 29% 23% 102 No par No par common...... .5 100 Co common.—No par 1 -.No par C9 28% par ~i 1 , 42 V. 13% *37% 2 Va 36% 36% 2V4 36% 8'% 8'% *27% 28V2 8 8'% 31% 28V8 8% 83/a 32'% *28 - 42% f * 102% 23% 42% 43'% 13% 13% 38 *101% 78 Jan *4V2% 5 12V8Feb 106 40 Jan 5 43 18% Mar 14 Feb 24 14' 5% 15V* Jan 19 v, ' 14% r 12 Feb *118% 15 10% 100 5 50 *73 V ; *28'% 28'% 28% 24'% 233% 101% *100% 243% 101% 100% 43'% 28'% 24% 28% ■ - 124 13% 13% 1338 ' 38 37% 37% 102% *101'% 102'% 102% 102% 23 , 22 ; 120 10% 38 17% . 10 7 • ; 15'% 74 •• V ',74 20'% 103 23 39 391/4 - 38% 53% 13'8 4* *53 1% 4'% 1% 53% 19% ■ *103 22% V 4 4 19'% 19% 11 * 19 • 19% . ' / 191% v .25 1434 15 477% 47% 1 -16% 10 *55 1 11 8% , 73% • 4% ' 10 3% 74 f 43% 22 20. =5= 9% 4 Va " 4 74 - 107a 105 *104 42 *41 19% *183% 145% 14% 14% 14% 46'% 46% 44 45 105 ; " 104 • 19% 4'/8- *21% - 16% "57 11%' . v 22% 1938 16% *55 11 1,500 210 1% 6,100 4 " 531% 4 - ' 19 19'% 107'8 104 -• *41% 42 *41% 42 *41%. ♦18% 19% *13% 19'%4 *18% 191/s- 10,000 1,500 10,900 430 413i 193'8 16% *16% 17'% *55 57 10% 10%10233 103 42 57 11 y8 50 1,300 l3a 11 ' 390 3,600 ■ 37' ' >' 1,600 • 19% 103%: 103%- 19'% *104 100 4,900 -- 4'%', *36% 10 y? • 11 104 a 74 *53 ; 19'% 19'% / v 10 - 4'/4 1% - 35,900 « V 2,300 118% 53% 1% ; 83i 37%'" *53 1% 120 15'% , 118 22% 363% ' ' .;•/,/ 450 . ' >* ' 14% *44 16% *54'% 14 s8 j % V 16% /- * 44 3% 43% lOTi 10% 43%' 16 10% 55 30% 10% *43 /16% 55 56 14 143a ' j— 8 103% " < 88 15-,;? 43i 103% 104% 33% 53 19 15'% W-. '19'% 193% 203% 223% 1% 4 '• 83 ■: ' - 8% ,117 7 118'% : 9% 9% 10- ■ « -••v ' 103i *104 '*41 42 No par common 91 1,400 % 19,400 : - • • .300 1,700 I 81 74 53 , 600 ; r. 99 *78% 14% * Inc i 17%: *97% 81; 98'% - 120%. , 1738> 98% *78y8 , • 1 373% '• 25,900 - 38 *88 22^4 53% 4 *36% 17% 17'% ; • 153% 9% 1% 10% •; 18 80 91 4'% ' 4 • 74 104% 39 - V 98'% • ' 40 - 19% *118'% /; 1% : 14 33 15 Vf v-. 1,700 7,700 77 19% 19 53 38 *36% 124 13%' 77 3234 *8%9 1% -123 : 19% 20% *38% 39% ! 33% 20% 22% ; 77 i- :• 4% *103 77 ; 19 *4'% 4% 124- -13% -14'% 33% " *88 101 9% 10'% 20: 18% 19 y2 80 9 120 18'%" 300 ' 33% 97'% .v *"■ *118% 18% *123 78'% 37'% 17% i 91 14% 74'% 4% 20 Vb ; 23 *41 A 4,500 4,300 22 33'% ' *8% 120 *73 ; % * 18 22 19'% 80 91 9 • '103 100 preferred V;V. 42%. 22'% r 18% 143% • 37'% 98 98 22 - 124 14'% : 33% *77% 14% 123% 19% V 193a -33'% 102% *101% -- 18% *77% 78'/2 38 *37 '< 18 . 104 11 $3 42 % " • 14% > 22 - 18% 123 14% *118% • '74ya 105 Capital Admin class A 43 ■ 18% *^73% 14% 8%' 9Va 11 Capital Airlines 6,100 140 133a 38 123 ,, 91 *104 * 900' 24 1013/4 42'% 14 3'4 *88 No par .- 20 4,800 ; 28'% 23% 13% 79'% 23%' %: 9,800 313% 38% 18% *23 -19 31 43% 3751, 20% *19% 87% 8'% 32'% ■■■ 3,000 13% 14 38 '14 Vm preferred— conv 31 *27% 8'% 77% 8'% 900 8% 28 ~ *37% 19 81 •20% * 28% s 1,400 37 8 43'% " *53 315% 2% *36'% 8 38% 78'% 4i% 103 V3 29 2'% 2% 37 .7 *100'% 24% 22% *77% 4%. ^.1 a Canadian Pacific Ry Cannon Mills 9 9 18 '*8% 8 *275% 27% 7% 31'% 102 *101% 80%, Canada Southern Ry Co 1 56% Jan • 14 % *2'% 36% 8'% 13% 233% 91 /■• *88 23% 37 50'% 270 850 4,100 13% 102'% *123 8OV2 98■ ' 98 *77% 100 Canadian Breweries Ltd——_No par' 18 17'% Jan 54'/2Mar31 preferred- preferred.: $4.25 • Mar 20 50% Feb 43% Mar 30 - Calumet & Hecla Cons Copper 5 Campbell W & C Foundry ; No par Canada Dry Ginger Ale com—1.66% 6 15% Feb preferred California Packing common..No par 20'% Feb 15 13% Mar 30 7% common Callahan Zinc-Lead 24 28 100 Byers Co (A M) common -No paT 1% participating preferred! 100 Byron Jackson Co _No par 7 4 1 preferred—100 Butte Copper & Zinc..i 10 223% Feb 3 common 1 Bush Term Bldg 26 Jan ! 1 2nd conv Butler Bros 2 Jan i * ' 18% 124- / 14 43 23 * 14% 55 VA 20% 13% *37% 18% « ' * 55 20% 13% *2 Vb \ 28% 24% 101% ' « . *23 *123 55 20% 13% - 13%, 38 *101 18% 28% 24% 102'% , 38 , 31% 28% 24% *102 v 54% 20 3% 13% 8 29 7 20% 55 37 8V4 31% •> 24% 102 23/a 36% 8% ] 28 ' —2.50 Bush Terminal 9 4% Jan 28 13 5 1% Jan 101 sMj Jan 55 13% Vs. % preferred r _100 Burroughs Adding Machine—No par 40VaMar21 55 , Mar 28 10'% Jan 24% Jah 24 8 ;33% Dec Feb: 105%. Jan 5 1 55 V* 20 y» 13% Ei preferred 3%% 200 15 *14/2 55 98'% 4% 15 20% -' 3 4% Feb 24 J *15 277/8 23 »/4 98% •77 Mar 30 30 22% '17% •Z 11V4 Jan 23 13 10 /26% 23 17% 123% Mar Mar 29 102% Feb *15 27% Burlington Mills Corp 9% Jan 9V2 Jan 13 69% Mar 7 19 15% 27% ,22% 10 153% Mar 29 * 6% *15 ; 20% 9 Shares 26% 141% 33% 2 Sales for the Week t per share 26% 19% Mar 28 I per share 14% 33'% 17% Mar Mar. 30 $ per share 26% 33% tJan Friday Mar. 31 Thursday Mar. 2i) 14% '20% 89 600 4,700 9,200 14% '38% 100 142 26% ,/ 27 20 % *91 4 142 PRICES Wednesday t per share 33-% Mar 29 8 I per share *37% Jan HIGH SALE Tuesday Mai. 28 | Mar. 37 .5 82% Jan 18 13% Jan Monday No par 80 .16% Jan "• 9 May £ ; 94 1,200 24% ' Dec 40,700 12% ! Dec 3,000 33% 25 Bulova Watch Co Inc..z Nov - (The) Bullard Cd 84 26% 33% 32% 12% 11 95 26%' 33 14-% preferred $5 preferred Buffalo Forge "91 263% 34'% 24% 20% Jan '.<■ 36,900 33'% ' 12% 100 20% Mar 25 v 200 500J 1% 25 36% Jan 21 143% ^ 1% 12% 8% 393/* Jan 24 4- 17% Jan < (The) ' ' 29% *142 13% 1% 24% 32% Budd 1% .1 Bucyrus Erie- Co- '79% Mar 27 , ls/8 r *110%. 111% 12% 8% 14% Mar 22 3 74% Jan 89 i 33 34% 32 Vs " 7% 61% July 26'% 112 35 y8 par 7% v 333/4 par 2 ; *110 No par Brunswick-Ealke-Collender. 27 9,200 : 27% Brown & Bigelow. 1 Brown Shoe Co Inc common..—15 $3.60 preferred i No par ' 26'% 83 26 *87 111 26% Bristol-Myers Co common 3%% preferred L Brooklyn Union Gas__„ 6 105% Jan 25'%» 88 26% 89 111 14% ' 231/4 Mar 24 101% Mar 22 Dec 7 7,500 33% Bridgeport Brass Co .No Briggs Manufacturing Corp..No Briggs & Stratton No 32% Mar 23 27% Feb 28 Jan 33 9 10% 34% t per share 5 Bower Roller Bearing Co Braniff Airways Inc 2 Brewing Corp. of America 3 10% No par Boston & Maine RR 18 10 % 26% Mar. 25 5 Class B 9 10'% 145/s Brass Bou Ami Co class A ' Jan 39 Jan 9% Feb 7% Mar 10 105% Dec Oct 98 9% - Ve 28 Bond Stores Inc 23/aJan 11 38V4Jan 9 24 Jun 6% 9 < 15 Jun 25 % 18% Feb 9 & 10 14% Borg-Warner Corp common.. 3 % % pieferred 38% Mar 60 Aluminum 11,500 27% 2.50 25a/4 Mar 27 Jan 41'% 143/4 Laughlin Inc.—' Boeing Airplane Co 5 Jun Aug 5 40% 28 % Bliss & 29% Mar 27 17% • 40 41% 14% ; 21 223/4 Mar 25 800 13 7% 88% *86 25 *27 1,200 13%* 13% 500 No par i Co - - 403'4 *87 1%'-' *142 1,700 14% 49% 26 '/8 , 111% 1% 10 32'/a 13% I4¬ 86 ) 33% 35y8 Saturday * 86 1% • 32'% 32'% " -? -86 1% : 10,200 *31% 13 s% 14 160 8'% *13%' : 14 13% 100 84 10 VB % 89 11034 13^4 200 22'% ! 8'%.. 31% - 2,400 3,600 ■ 413/, .. 26% *87 5 13% lj"/4 14 60 3,800 • 32% 84 32'% '32% . 14% 13% 86 ' d«i/, 88 111 13% 32% • • 17 *213% 8% f 31% 2,700 1,700 ; 1023% 16% 843% 8% LOW AND EXCHANGE 22% *85 144' 25 *12% STOCK 29% Feb * 13 121/4 Feb ■ YORK $ per share' 261/s Mar 31 10% 9% NEW *21% 31%: 102'% - 8% STOCKS Year 1949 22% 1**. ;:*109% : 17 8% a Range for Previous *21% 84 84 11%' 11% 32'% 103 r 27 y2 1 Bigelow-Sanford Carpet Birmingham Electric Co 3 - *27 (Del) com...No par Bethlehem Steel 2 Jan 13% Mar 1 32 *102'% - 22 *21% 14 90 lliy2 1% 13% 11% 32% 103 16% 13% \ 11% 32'% 103 16% A ~ 16 5% 16 3% 87 25% / *110 11 16 Vb 14 10 y4 *87 15% 50'% 17% 11% 32% 103 Va 15% 523% 17% 11% 32% •-*85 10V4 of 1946.No par ser *1158 103 % 39 50% 14% 32% *14 14% 43 *38 32'% *31 . 39 51% 17% ' 843/4 8% t 11% 21 " *84' - *38 32% 103 ■•7 21 42 % " pfd $4 div ser of 1948_No par Benguet Consol Mining Co..18 pesos 351/4 Mar 23 3 100 Bendix Home Appliances 33y3C Beneficial Indus Loan common 10 17 36% Jan 7 10 preferred Bendix Aviation 2y8 Jan 29% Jan 13 9% Jan 4'%% Feb 24% Mar 27 31% Mar 11% Mar 17'% 14 90 3 141 51 Va 17 87 Bell Aircraft Corp — Bell & Howell Co common 112% Feb - 4 Oct 50% *85 43% Mar 12 23/4 July 39 52'% 17'% *13% *13% 11% Mar 27% 39 17'/2 1 . 26% Feb Jan 86 Dec 39 50% 17% 143/8 6 106% Jan Dec 85 109% " *38 50% 17% 32% 4 ; 38'% 50% 14% 3 11/ 38 4 *32V4 24 27% NOV 38 1 28 Apr 18'% 10 Jan Feb 18'% Eeech-Nut Packing Co Belding-Heminway i Feb 6% 18 5 87 21% 18 24' 15 180 18% 32% 14% Feb 1,200 18% *31 i 64'% 18 50 I 18,300 18% 63%. 17% 151/4 Jan 1 22'% 18% 65 1 *64'% - 18% Beech Creek RR ,4 20% 19 19% 65 18% 6 10 215% 19 19% *64'% I8V4 Beech Aircraft Feb 20% 19% 65% 45% 22 8% 21% 19 V\ *64% 45 % l 323/i 84 20% * 46 103y2 1 21% 19% 65 " 46 32% —100 48,700 48% Beck Shoe pfd 20,100 = 11 Va ; •/ / 9 Corp 2,600 10% 11 47 2 (A S) 43%% 14'% 10 11% 48% 102 15% *21 14 10'% 103% 47 34% Jan • 3 1 No par 12.50 14'% 10 11% 9% 48 32% Feb Mar 14 x85 Inc 14 10 Va 11 10 45% 9% Jan 12 12% Feb Dec Jun Oct 503/4 17% ll3i Corp—. 14 20% 21% 19 / 65 „ 85% Feb 7 12% Jan Mar 26 j 3 13% Jan Feb 98 Jan 31 36% Jun Oct 21 % Jan 26 23% Jan 30 6 73/4 Feb 29% Jan 74 Jan 11% Jun Feb , 15% Mar 25 Jan 85, Jun 50% 1 Co 33/aconvertible preferred 100 Beaunit Mills Inc 2.50 $1.25 div conv preferred—No par Feb 9 Bath Iron Works Beatrice Foods Co common Mar 22% *37% 5 preferred Barnsdall Oil Bayuk Cigars 7 129 V2 4Vz% 3 6 9 16 Jun 26 7 Jun May Jan 2 Jun 23 ya 18% common— 13% Jan 11% 25 10 50 Brothers 341/4 Mar 30% ' Barker 103% Mar Feb Dec 8 46 % 11% 9% 11% " 3 32% Feb *44% 14 11 10 Vs 21 65% (Delaware)..—10 Corp UVs 97/a 11 21% 18% 65% 9 Jun 1®/. 21% 18% 100 29% Jan 27% 23% ll3/8 98 10 Vb ' Oil 57% Feb lO'/s 11 Dec Jun Feb Barber 39 10 Dec 6% 10% 4 ; 20% Mar 113/s Mar 30 21% Dec 86 V2 NOV 33% 101 - :>'// .14% 13 100 Convertible 5%. preferred 5 20% Feb 25 14% Jan 1 - common 4% non-cum preferred——100 Bangor & Aroostook common—50 3 23 48% Jan 16 46% Feb Inc Jan j * 3 , Dec 263A Mar 72 15 Mar 56% v 87% 69 Feb 153/a Oct 41 Jun 39% Mar 9% 43 21% Jan Sep 221/4 Mar 22% Jan / 633/4 Mar 31 (B T) 13% . 14% 44 157% 400 56,100 1,800 900 54'2 54% 20 10''4 11% 19,300 • Volume 171 Number 4895 THE COMMERCIAL NEW Range for Previous 100 Range Since Jan. 1 Sper share Jun 108 33 Dec 25% Jun 35 % Jun 13% Dec 30% Mar 37% Sep 8% Nov 6 Feb 30 Jun 131 Jan 267/8 45% 106 13 3 Mar 28 Carolina Clinch & Carolina Power & 31 Carpenter Steel 16 38 Carrier Corp common Conv preferred 4% Jan 14 8% Feb 2 48% Jan i , 13 Jan 3 140 24 Jun 37% Dec 32% Jan 104 % Dec xl04% Jan 18 34% Dec Case Mar 34% Feb 10 107% Jan 25 29% Mar 21 Apr 105% Dec 104% Jan 3 Jun 132 % Dec 130% Jan 13 140 18% Mar 31 •21 Jan 10 17% Jan 30 26% Jan 18% Jan 14% Jun 17 7% May 3 xl7 ' Jan 6 17% Mar 21 Jan 3 3 11% Feb 10 4 Central Jan 3 4% Jan 27 Central Jan 3 17% Jan 11 5% 9% Dec 9% Jan 32 33% Nov 36% Dec 35% Jan 10 104% Jan 112 % Dec 110% Feb 9 9% Jan , 25 8 11%. Oct Dec 14% Oct 10% Jun 14% Dec 9% Feb 13% Oct 6% July 14% July . Oct 12 8% Dec 21% Jan 16% Dec 9% Jun 22% July 18% Jun 91 • 31% 5% Aug 17% July •: 27 /• 77 9 - 85 Jun * 4, 5% Jun "8 i •X.Feb" - 5% 10 X- Jun 86 : 12% Feb 3 Jan 5 4 4% Jun 8% / Jun 9% 24 Jun 5% Feb • . 21% 49% Jun 25% : 15 V Jun Jan '11.- Jan - ; Dec " 41% - Dec: 13% NOV 53% Jan 4 . 79 Jan 12 - ; / 1 Year 1949 Sper share S per share $ per share ■-Jun 16% Jan 13% Jan" 4 < 18% Feb ' . ; 2% Jun 35 5l/» Jan - Jun-vV- 60 30% Dec 44% Jun 26% Apr ; 3% Feb 14 45% Jan Jan 36 4 Dec 62% Jan 32% : Jan 68% - Sep 30 105~% 4: Jan • Feb x20 29% Jan 6% Feb 79% Jun r 1 Jan 29 Jan 13 Feb ,25 Jan i 7'.' Mar 29 . 8% Jan 88 Mar 22 31% Jan 13 34 Mar 15 Oct 16% Feb 16 19% Mar Jan 24 Mar 11 28 Mar 72 Mar 30 72 34% Dec Jun 19% 20% Jun 30% 67 NOV 85 36% Mar / 43% 20% 28% Jan 61% Jan 54 A _i 37% Mar 15 Clinton 5% Jan 4 Mar 22 -5% Jan 5 30% Feb 22 Mar 27 27 Jan 11 Mar 30 143 A Feb 18 64 July 1075 Jan 89 138 Jan 19 Jan 15 Jun 19% ,16% Jan 17% Jan Jun Jan 17% Dec ' Jan 16 Dec 7% Jun 16% Dec Jun 29% Dec 16% Jun s 23% Dec 28% Jan 3 Dec 11% Feb > Jan 14 Oct 11% Mar 30 Mar 24 14% Feb 61 66 Feb Jun 32% Oct 307/8 Feb 15 34 Mar 31 Jun 22% Sep 20% Jan 4 22% Mar 24% Feb 17 27% Jan 57% Jan 16 64% Feb 19 15% Mar 30 21% Jan 107% Jan Dec Jun 20% Dec 25% Jan 30% Dec 7% Jun 10% Aug 13% Jan 105 24% Jun 30% Nov 34% 29 2% Jun 21% X106 Feb Doc 3 Jan 27 Feb ' 23 Mar 4% Jan 3% Ffeb ; 29% Dec 27% Jan 107% Feb 3 8 Oct 15% 15 17% 17% 15% 17% *67/8 7% 18% 17% 17% 7% 18% 18 18 17% 16'/a ' 16% 16% 16% +27% 28% 28 28 y2 33% *102% 33 % 15% 17% 7% * 7 - " 'u% 800 28,600 • 11,300 300 9,200 < No par —100 Solvents...—r„No par Commonwealth Edison Co.L 57/e ! 7% 500 28 • *86% 88 32,400 700 . 6y8 11% 14 y8 14% 16% 17 / 17% 26% 257/e 9 . 5,^00 , 4 3,200 / 40/700 2,300 , ,. 9 ' 25%- 26% 9 " ,9 ye 1 6,600 3,300 , ' * " : *4% . 4% •. 4% 400 . y4 5% v 1,500 . " 29 28 86 , , 77/a 29 '28% 17, 4% '■■.7% 7% ...28% -29%, ; 14%: ; ' ) 7% 7% 28% 129 ye /27% 7% 14 y# 14% 31% 28% 55% *54% 43 55% 55 43% 41% 87 86 13% 13%. /13% 43% ; 86% " 13% 55 *13 14 4% 14'/a 28% 55% +54'/a ,41% .83% *13 86% 13% • 7% 3,000 7% 28% • 31 y4 28% ' 55% 85% , 7% 28% 30 % s 43 *54% (42'% ; 13% Mar. 27 17% 4% 52% y. Tuesday Mar. 28 287/a 14 , 14% 30% V t ; 40% 2,700 100 84 . 42 86 84% *13 .5 >5,700 ., u 55% 42 y4 13% 8,100 , 28 ve *54% 12,000 7,900 - • 307/a 28 ,16,000 y2 13% 2,000 200 f '-" *1718 4% 3% 3% 13% 51% 51 y4 53 *31 67% 66 Vo 67% 32% 32 65 108% 27% 7% 27% / 64 65% .,7%' 32 64% 32 »/4 25 28% 28 V2 I 64% 63 % 63% ', 89 13% 34 > 18 >/4 18%, isy4 18y» 18 183/4 18 18 ' 1,000 24%/ 1,500 *24% - f 170 *67 72 * 46% 45% 25 *120 45% 109% 72 V2 "42 42% *42 42% . 72 45% 27% 106% *106y2 71% *70% 72 42% 13% 35% 4 . 4% 13 13% 34% 105% "X. 13% 13% 35 % 42% 423/4 ; 13% (, 1061/2 4% 22% ' 22% 13 13% 35% 107. 4Ve 22 i/s ( 105% • 4% 4% Vb 35 V4 35% 106 „ , 35 351/2 106% *4' 1,400 r 108 ,71'/a 4i/a 35 V* . 105% „. 4 . 13 Va 4 .,70 9,200 35»/a 35 105% 106 8,600 : 900 106% 4 4 40 .170 42% 13% 42% 160 i 27% 27% 28 4,700 110 y2 106% v ao . 45% 45 *109% 71% 71% *42 ., 75 45% 110% 2,100 , 170 *72 ( *109% 27% 108 24 *120 170 72 46 *106i/2 ■' • 109% 27% 106 y2 *71 Va 24 y8 *120 72 45% 109% 24% 170 *67. 109% 27%,'. 27% / // 108 25 « 25 *120 V . .106% '13% .60 33% 28 106% 4,400 33% 72% 35 \ 33% *71% 106 . 8,200 7 87 2,000 » 34 110% *106% '42% 7 *86 7% 7 , *86 86 - *41 300 28y2 64 337/a 75 28 28% 21,100 • 33% 25 y8 45% 72 86; 108% 102,700 - *28 7y8 7 /. .7 108% " 7/a 108%. 33% 170 110 103 7y8 89 641/4. ... 41,500 32% 18% 25 46% 7% 283/8 64 - 1,060 33% K *69% 110% 27% 27 Vk 64% 108% 8,100 65 V4 tf > 100 . . V 32 64% II ■ 37/a 32% , . 51 *30 65% 32% U 108'/+ *108 108% *86 Vi '/a :•'« .i 64 89 *120 '75 7/e . 50% 32 66 Va 32% Shares 17% 3% 4 *31 ' *16% 52% 32Va : 27% * 7% *86 89 72 3% 65% 32 y2 \h 108i} 108tt - 27% *27% *31 ! 66% 1 Sale$ for the Week $ per share 177/8 52 ' 108 *106% 32 66 32% ll ^ ' .4 (51% 32 *31 *17 17% • 52% 4 327/a U *17 ; Friday Mar. 30 S per share j$ per share - Mar. 31 Thursday Wednesday Mar. 29 * $ per share 17% 51% '32 r 32% 46% « 4 . x < $ per share 18 4% *110 ;• Monday Mar. 25 170 2,100 ' 22% 22 22% *137 139 54% 159 54% 54% *1220 *79 158 54% 54% *1220 __ " ' 79% 158 159 *137 139 *79 -79% *158 » 22% *137 ' *79 • *137 139 / 1 54% 338 . 79'/4 *156% 54% 54'/a 54% *1220 79'/a *156y2 *1220 __ ,. 44% 45% 44% 44% 43% 99% 99% *99 % 500 740 *1220 44% *99 200 54 Va 54 54 y4 45% 40 79 157% 157% — 45 4,200 139 *78 158 46V4 22% *137 139 79 1581% 22% 22% 22% 138 *79 79% 158 *1220 _. 22% 46 997/a c 44 44 *99% 2,000 997/a 99% 99% 99% 99% 99% 17% 17% 17 17% 16%; 17 16% 17 17 17>/4 17 17 2,300 15% * 15% 15 15% 15% 15% 15 15% 14% 15% 14% 15 17,000 16% 16 y2 16% 16% 24% *23% 23% 16% 16% 16% *24% 25% 26 *25 16% 25% 16% 16% 24 24Vi *25% 26 25% 25% *24 25 24 36% 36% 37 y4 "36 36% 24% ' , " ' 36% 37% 35% 38 35% 36% - 37% 35 37% 35% ; 36% 13% / 13% *23: 13% *60y8 62% 33% 33% 33% 33 21% 21% 21% 26% 26% 60% 61 Va 60% 106% 106% 12% T3 *60% 62 33% 33% 33 Va 22 22% 21% 30 19,600 8,700 " - ' 13% 13% 13% 72,000 11% ll7/s 12% 3,100 62% *60'/4 62 % 33 33% 33% 34 9,900 21% 21% 21% 21% 2,700 121/2 *60%, 36 210 36 35% '■ 13 13% 12 12 Va 24% 35%' 3,300 750 ; 11% 21% 12% 60% 37 V4 36% 16% 23% 25 y4 *23% 24% 310 *60'/8 33% 22% 34% '35 16% 22 24% ... "25%;,25%, . 24 13% /,.; 13% ■12% 13% 13% 12% 60%, , / 24 Va 26 25% .;,/' 24% *25% *24 26 ' 27" * 61% 107 Va 62%.: ; 200 25 Consolidated 5 27% 61% 61% 62'/ 106% 108% 106% • 26 % 25% 20% 25% 26% 60% 26% 61% 61 Va 106% 106% 61% 107 16% 16 y8 16% 16 16% .16 6,800 61% 21,800 107% rlOY 32 32% 31% 31% x31 10 10 9% 9% *28 y0 ;• 18,770 14,400 22,400 . 3% ,31% 31% 108% 27% 30 30 3% 3% 31% 31% 31 % 103 V* 108% 108% • : 9%. 28% 29% 3% 3% 108% ' 28% 29% - 16 Va 31 157/a 16% 30% 31% ' 28% 28% *29% / 30 : 15% 31% 10 30% 16% 32% io ,16% 4 com—No par i__—No par 26% 27% 108 32 J .No par Consblidated Coppermines Corp . " Conde Nast Co 7% 29 104 11% 9% 4% 31 25 i Lt & Pwr ■ 6% • ; 27 87/8 28% *69% common——10 of N Y *102'/a ."2,900 : Inc !zl 26 y2 v 4% 14% *120 5 'i Credit Cigar. ' • 8% "■ 28% 7% ftopar preferred —J 27 ' 4%- 31% *86 Inc—No par ' 26% 8% 14% 65 common-^No par Engineering; 12,100 , 28% 33 Jll% ' 11% /14 14% 17% 28% *107'% No par Elec Co. 7% 85% 14% • 31/ .•:. No par Co 17% 28%: 67 1st preferred Ohlb : 8 87 * No par i No par 1414 17% 29% *18% 100 14%,-" 32 18% com.. eye 28% .18% preferred *27 y2 104 *28% 11%.»117/e 31% ' .1—1 5% : 17% '' 33% pfd____X__; 85% .-•< 14% 27% 100 50 50 "28 104 28% 33% gtd ; " 28% "14%. 33% ^ . 28% 85% 14% 4% 8 *31 4 ^..100 1% ,7% 29% .28%. 6 Vis 8% 4% 7% —No par ; Co Carbon 8% 88 r 10 5 I 7y2 *28% j 11% 27/ 9 4% 52% 100 ; 34%' *102 y2 , 5% , •..34% 32 ? :—100 " System $5 preferred Gas Elec 15 ye 15% .17% 7% V 8 ■*85 5% 26% 26% ■(*17% preferred w w„,-No par Cons 13 * Saturday -—2.50 Consol Edison 13 16% 29 44 .25 6 Mar 16* 32 109% Mar 18 13% . ; 28% 85% 86 ' 5% 6 $ per share —25 * 6 Mar 29 ♦12% 13 y4 14% 100 Feb 32% 2,500 LOW AND HIGH SALE PRICES & Southern Commercial 3 ^85 ' *7% 29 28% *13 com—8.50 B 3.60% 10% / ' *54% 43% 1 ~ Co Pictures , 130 10 y4 10 10% ' 29% *87% r-. (The) Superheater 2,900 10% .10% 28% Corp com..No par preferred (— 20 Commercial 37 112% 32 . X / Publishing Co No par Congoleum-Nairn InC —L__Nopar 41 15 109 ; Inc Columbus & So 8 85% • '•■v. — Columbian , 7,500 . •111% 112 13 104 29 28% 7% par: 30% Feb 9% Mar 31 25% Apr- * preferred Gas *102% 104 *28% 29%, 30 ,, Corp Columbia *102% 8 * 26% . cum 104 17% '"17% ( conv 7.100 800 2,800 10% 10% 36 y2 37 l.U% 3,500 ~ 16% 16 10% 36% 37% 17% 111% , 34% ,34% , Vi^" x 2nd 34% 17% No par* Elec conv 28% 34% 14% 10 ; RR 28% 29% 9 20 Co . 14% 100" —.— Columbia 6* 33% Mar 16 3 11% Feb 13 29% Jin •i 17% 12;,/: n% 14% "14% Par[ & non-cum V; $4.25 6 112% Feb 15% *17% St Louis Ry Co com—100 A Class 10 Dejc 15% 17% 14 12 No par Milling Machine Co Combustion Dec 60% *12% 10% 13 % 5% *' Ry com...100 ?' 1.100 < 4% non-cum 2nd preferred—100 * Columbia Broad Sys Inc cl A .2.50 4% 6 27% 10% 11% ' ' 5% 14 . 10% 30% 10% 37% *lliy2 • t 20 Sep 37% 111% ■/■* % par I cum Colorado 13% Mar 17 13% 68% 10% 10% 37 111% ♦17 " 85% .No par 37% Mar 27 Feb 95 Co series A $3.50 preferred & Alkman Corp Mar 27 Jun 10% 37% 112% 28% 25 STOCKS Foods Class 4 7% Feb Pac RR •• Cotton cum 8 8 Internatl Corp ..No par Colgate-Palmolive-Peet com..No par 9 9% 16% 10% 37% 112 28% ; ■ 25% Mar 24 38 10% 37% 29 Colo Fuel & Iron Mar 10% 16 " Ry Co cl A Collins 27 15% 112 *102% v 4% 11 48'A Mar 21% Feb i 40 common— Coca-Cola 3 18% Jan 12 25% Mar 23 13 13 10% *37% par ... preference—No & 19% Jan 20 13 17% 46% 15% *4% 17% Jan 16% Jan 13 15% Jan 13 28% Jan 3 18% 15% Clopay Corp 1 Cluett Peabody & Co com.;—No par 7% preferred —100 15 100 13 - 26% 15% 16% 16% .100 8 Mar 55 14% Mar 30 16% Feb 15 17% Jun Jun 16 l/a Coca-Cola 3 97% Mar 22 Dec 100 Feb 12% 8% Jan 46% Mar 21 53% Jan 42% Jan Dec "•±13% 7% 81% Mar 165 10 Jan 43% j 14% Feb 77% Jan / 5 157% Mar 31 Sep .4% •• preferred 4%% Sep 2 Special gtd 4% stock Climax Molybdenum. ■ 112% Mar 16 4 NOV- Feb Mar 14 Dec Jan 10 y2 4»/4 _„1.25 5%, preferred 3 82% 10% 4% 15% x ' Equipment 13 172 10% *4y0 No par'- i NEW YORK STOCK 13 141% 17% f10% 4% «'•:%EXCHANGE / Jan Jun 17 10 Va 4 % No par1 L___. .convertible 12% Jan July- 17% 10»/4 4% Milw St Paul & p vtc_No par Series A preferred vtc— .100 32% Jan 4 . 17 % 10 % 4 % 28% Dec Jun 17% 10% 4% 28% Jan 101 17% 10 % %' 34 105 % Deci: 29% 43 ' 4 Jan 500 17% 4 28% Pitts 17% 10% 28% & 17 y4 17% 34 Cleve 17% 4% com—No par preferred No par Cleve Graph Bronze Co common—_i 9 5,900 10 % $4.50 18 220 18% 17% Cleve Elec Illuminating Mar 25 100 is y4 4% 17% non-cum 17,900 19 10% 17% 5% 4 72 *17% 17% Claik 3 29% Jan ,3 17% 17 15% 70% Nov i- 1075 46% Ffeb 112% Mar * 17V4 . 17% City Stores Co Mar"30 107% Jan 37 17% 17% 35% 4 3% July 133 ; Mar 10 27 62% Jan Feb *17% 18% 1 ... 3 10 106% Feb 24 Dec Aug 17% % '18% Jan Jun Xl24% 17 109% Jan 17% 19 18% 43 Dec 101% - 73 10% Aug 21% 108 . Dec 36% 24% Jun Jun 105 '43% Jan ' 3 Dec 112% Oct 17% 19 18% C C C & 108 18% 18% 5%% preferred City Products CorpX; ' ' 16 14 Jan : 3 82 Sep - 19% ♦17% —No par . City Investing Co common..— 5 ' " 86 18% iay2 C I T Financial 30% 30'/4 19 19% 18% Cincinnati 6 68% Mar 22 100 17% Copper Corp~ preferred 7,800 136 5 4% 20 36% 105 y4 7% Rights. 4 300 106 *135 *7% Cincinnati Gas Mar 16 109% Mar 24 *58 4 , . 30% 6,700 153 y4 35% *105 l preferred— Chile Copper Co Chrysler Corp : : 5 30% 31% *152ya 36% 106, 5 5%% Jan 16 153 y4 35% *105 No par j• 24 13 Mar 27 26 Dec Dec 34 *152 % 153% *105 7% Co 4,900 136 18% Childs 42% 41 105% 15% Chickasha 24 42% *135 17% ;• 700 41 y2 43 *105 19% * 4 Dec 59% 8% 42% Co_ Co vtc Chicago Yellow Cab v sy4 106 *"7 % Is 37% 8'/4 136 15 * Conv 16% 37% 8% *134% 18% $3 16% 37 % *105 15% - 16% *8»/4 8% 136 18 Class 16 V* *36% 38 30% 30% 4,400 700 105 15% Pasco 33 *134% *7% 18% '• Chic Rock 4% Mar 13 34% Feb 30% 105 33 " Chicago Pneumat Tool com..No 55% Mar 21 •r 30% *13% ■. •68% Jan 103% Jan Sep 135 13% ' 5 13 , 106 134% 33 / 36% 13 % < v 3 Jan -• 4 30% Jan / 97% 3 30% *104% 32% 105% 50 ' xl3 31% 135 33 y4 35% 106 60 33 105% 36% *105 10% S per share , 36 106 105% •/ Chicago & North West com—No par 5%,' preferred L. 100f -13% Mar 28 • *152% 153% 36% *105V4 30% Chic Lowest i 153'/4 153 % 36y4 106 135 >,Class B._. Range Since Jan. 1 ; /. ; Highest : 42% Shares 106 106 33% 17% 10% / Highest 43% 43 17 *10 % 88% Mar 17 Jan 30 *8V4 50 , 20 46% Feb *36V2 8% *104% No par 20 : CO Chic Ind & Louisv 30% Mar *4 v 17% 37% *8% 44 *152% 36% *105 100 Sugar Ry 153 % 36% 100 preferred series R vtc—100 Range for Previous Lowest *152% 10 common 16% 37% 8% 43 % 107 33 33% *111% V .. x56y8 Mar 15 13 14 ; * '32% Mar 23 . , 17 39% Jan • " 82 v Dec - 3 15% Feb 3 •26% Jan 25 55% Jun 56% Jun / 10 /'May , 8% Feb 3 27% Jan 4 29% Mar 43% *106 Sales for the Week $ per share 33% *33 _100 18 V, 35% Feb , 27% Mar 30 / 36% Jan Dec v " 43% Chesapeake Corp of Virginia——5' Chesapeake & Ohi<# Ry common—25 ! :".V3%%-• convertible preferred—100Chic & East ill RR Cd com—No par "-10% Feb 18 13 7% Jan Jan* 34%, Dec ; 25 $ per share 106 33% 17V4 8% *37 38 106 37% 8% v 3 7% Jan Ga 16% 8% 14% Feb 10 it, Chicago Corp (The* — • ; i* ".18% Mar ' 4 4 Chicago Great; West fty Co com—50 28% Feb 23 / / 5% preferred .l— __50 " 19% Jan Jan " 24 ,11% Jan 13 Y Aguirre Foundry of 17% *37% 1 4.20% $4.50 preferred Checker Cab Mfg__^__, Mar 30 3 13 17 50 Champion Paper & Fib com..No 24 ' 17 • 10 series •» 10 6% Feb .12% Jan - .Jan 5% 15 9% Jan • V 13% Dec 4 20% Nbv Jun 3 9% Jan 33 % common Chain Belt Co.. < 30% Jan 12, 4% Feb 15 Jan Dec 6 Mar 10 129 4 Mar 20 4 *33 % Certain-teed Products 11 • 15 Feb 80 > May 14 : - jun Jan Feb 24 Jan Feb 104 5 (7% Mar 29 i 28* ' 31 3 Jan 98 33% 106 Cerro de 3 35. Mar 22 30% Jan i 18% Feb 33 & South West Corp com—5 Central Violeta Sugar Co..: .9.50 Century Ribbon Mills—No par 3 .21% Jan ' 7 13 Jan 28 , Feb 7 12 t V:-7% Feb 12% 15' 33% 106 Central 1 8% Jan *32% Central RR Co of N J class A Class B 30 19% Mar 23 • i 17% Mar 30 Jan Nov ' 3% .16% Mar 3 7% Mar 15 Dec 34%. Jan r 13 12% Jan Dec 9% ♦' 26 33% 4%% (preferred.: 11% Mar 21 14% Jan Dec 28% Nov 27 12% Jan Nov 31% 98% '■ ' Jun • 33% Central Hudson G & E Corp__No par Central Illinois Light common *■ 2 Feb 14% Jan • Central 10% Mar 29 38% Feb 113 33% Corp preferred Celotex Corp common 5% preferred 15 Jan 6% Mar 4 105% Friday Mar. 31 Mar. 30 $ per share 33% 100 Co t per share 105% 2nd 4 Jan 24% Jun Jan 106 Thursday Mar. 29 33% . 7% $ per share PRICES Wednesday 33% preferred 9% Jan 15 11% Mar Jun 12% . *105 Celanese Corp of Amer com__No par; $4.75 1st preferred No par Mar 14 Jun 100 SALE Mar. 28 5 General Preferred $ per share HIGH Tuesday Mar. 27 No par Co Caterpillar Tractor 9 97 Jun I) (J 7% 36% Mar 21 106 xll4 15% & 153 % Mar 24 27 100% Aug 23% Apr Carriers Monday Mar. 25 Ohio Ry Light. (1363) RECORD Saturday Par 19% Jan 6 Jan 38 % Jan Nov 13% CHRONICLE LOW AND STOCK 33% Jan i 16% Mar 30 36 YORK 34% Mar 16 x7% Mar 13 . Nov 146 STOCK EXCHANGE $ per share 11 30% Jan Jan 12% Jan 31% Jan 102 NEW Highest t per share Feb Jan 26% Lowest Highest $ per share YORK FINANCIAL STOCKS Year 1949 Lowest & 3% 3% 32%, 28% 29 31% 108% 108% 108% Va,. 28% 3% 3% '31% 32 y4 108 ., 30% 5% 29 28% 28 y4 *29 ; '■ ♦ 29% ' 3% 1,000 500 3,500 32 '31% 56,600 108'/a 108 Ve 1087/a 4,200 28 28 29% 3% 3% 09 9% 9% 9% 9% 2,300 ; • •' •25% Mar 3l 30 114% Mar 30 107% Mar 29 107% M^r 29 • - 414% Jan Jun 3?% Jun 11% Sep 46% Mar 11% Feb '21% Jan Feb 8 10 v Jun; 7% " Dec 12% Apr 10% Jun 8 12% Mar * Jun •: 14% Jan 11% Mar 30 10% Mar 31 3 42% Jan 16% Jan 13 11 : Jan 3 >0% Mar 8 10% Jan 25 • 10 12% Jan 28 47% Feb 6 19% Jan 12% Jan 12 Feb 30 14% Fez 28 113% Dec 110% Mar 30 36 V Mar 16 112% Jan 28 110% Dec 108% Mar 24 111' •27% 13% '85. Jun • 6% 56% Jun Feb For . 17 • Jan 11 • 3 95% Jan 9 37% Dec 35% Jan 13 102% Dec 102% Feb1 9% Dec Dec X98 Jan Jun 95 101% Jan Dec 3 38% Jan Nbv 41% 103; : Jan 30% Dec • 17% 4 Jun Jun 93 . 13. Jan 33 ' 78% footnotes Dec see page 3 7 58% Mar 21 8% Feb 20. - Jan 45 % Mar 106' Preferred 4 6% pfd 100 Stores1 Inc Consolidated 16 24 com_i__No*par V$4.50 preferred—i__ No par $4.52 preferred—i——_—_No par Container Corp 4%. preferred of America com—20 ' Jan 24 39% Feb 17 Jan 7 103 9% Jan 78% Jan ll common_T—20 '$3.75 preferred—!_!!—! Continental Diamond Fibre Continental Insurance. No par 5 10 12% 12% 45i/4 45% 18% 17 y2 11% 9% *114 ' 107 y2 107% 107% *107 12% 12 V* 11% 11% 11% 13 .... 35% ' * 11 10% 44% *109 ,, 44% - ♦104% '• •' 3,700 107/a 45 . *18% *98 35% . ' 38% 4 *1011/2 *8% - 98% 38% 103 8% 63 45 17 y* 17% 45, , - 114% • ; 108 -120 20 45% 17% 11% 11% *9% 9% 12% 13% lit 11% 9% 9% 9% 9% ,9% 9% 9% 9% 13 y4 127/a 13% 12% 13% 12% 13% 35% 35% 105 - 18% *98 37% *101% *8% 63 109% - 44 44% 105 * 18% 99 35% 110% 111 - ' 38% 103 *109yt 35% 35% 18. 111 110% 35% 111 109% 1Q9% 35 109% . 17% 109% 43% 42% 43 104% 104% ♦103% 105 y2 *103% 105 98 99 38 38% *lt)l% 103 *98 38 *102% . 18 y2 18 99%. 98% 38% 103 35 110% 111 43% *18 " 35% 110% 109 43 y2 18 Va ; 37% *101% 500 6,200 3,000 " 43% 18 2,000 • 18 11% ny4 • 11% '44% 45% 11% 111 18% 44% 11 1VA - 11% 109% 105 45% *11 12% - 109% 44 % r 17% *11% 111 ;lii ' 13 Ve 11 / 11% ny4 9% *12% 18 11 18 ' 11% 45 1 12% 11 *11 ; .L_———100 Continental Baking Co con)—No par $5.50 / preferred—!—; i„No par Cofttinfental Can Inc " 100 114% ' Vqltee Aircraft—_—l ', Consumers Power Co ;. 1 1,900 26 ,26 1>14 107% *12% Consolidated Natural Gas_l—1—15 Retail 257/a 26 26% 114% ! * RR of Cuba 77% 26 series B_i_-__100 %' series C—:1_1___100 Cofisol 77 77% *114 issued"*—1 . Consolidated Grocers Coxp.i___1.33% Consolidated Laundries Corp.. 5 4 Mar 15 19% Jan 4%% Consolidated Textile'Co Inc—-—10c Apr May "when Preferred 6 Apr sJ 36 Common 77% 77% 77% commo,n_i__No par 9 103% -• ' Baltimore Consolidated 105% 29% July • 26% Mar 29 Mar 114 11 of 77% Mar 29 Mar 31 77 *109 4 1,400 1,400 ' 29,600 ' 35% 10,700 710 111 109% 417/8 42 *103% 105 ' 310 1,900 130 18% 18 18% 2,200 98% 98% 98% 260 37% 103 37% *102% 37 y8 103 8% 8% 8% 8% 8% 8% 8% 8% 8% 63% 62% 63% X61% 62 yf 61% 62 »/4 61% 62% 6,200 — M 1,400 4,000 11 X THE (1364) 12 COMMERCIAL NEW 574 Lowest Highest t per t ver share share 8% Jim NEW YORK Range Since Jaw. 1 Year 1849 t per Jan f per share 3 6% Jan Par Continental Motors 9 1 6% 607a Feb 55% Jan 25 62% Mar 18 Jun 15% Jan 13% Jan 3 16% Feb 28 Continental Steel Corp 19% Jun 24% 23 Va Jan 4 26% Mar 14 Cooper-Bessemer Corp .common 55% May 51% July 54 Jan 11 Jan 17 14% Jan $3 55% Mar 13 13% Mar 16 12% Feb 12 12 Jun 19% 17% Feb 52 48% Mar 31 49% Jan 11 7 Jun 11% Dec 10% Jan 3 15 49% Mar 58% Dec 57% Jan 3 67% Mar 28% Jan 13 9 Jun 20 Apr 30% Dec 94 Jan 102% Deo 92% 57 102 Jan Jan 171% 182% Jan 31 4% Jan 28 32% Jan 21% Jun Deo 104 Jun 96 66% Mar 31 5% Deo 2% Oct Jun 21 Sep 189 Jan 100% Feb Dec 73% 3% Mar 1% Sep 102% Mar 21 0 Jan 2 5 72% Jan 3 186% Mar 23 6% Mar 7% 6 Coty Coty 18 4 Cream of Wheat Corp Deo 28% Jan 29 14% Mar 31 30% Mar 17% Jan Oct 19% Jan Jan 42% Apr 38% Mar 29 40 20 Jun 30 Deo 27% Jan 34% Mar 94 Mar 105 Dec 102% Jan 90 May 99% Dec 11 99% Jan 3 14 Nov 24 Jan 16% Jan 20% Jan 3%% 49 Nov 72% Jan 31 Apr 54 59% Jan 11 20% Feb 28 16% 15% Jan 4 Feb 14 July 12% Feb 160 * 160 May 175 7% Jan 3 Jan 67% Jan 14 73 Jun 10% Nov ,13% Feb Feb 16 May 8% Mar 5% Jun 60 Dec 3 Mar 31 Dec 25% 11% Feb 24 22% Mar 21 Jan $2 Feb 105 Mar 13 6 9 Cuban-American Sugar 13% Jan 19 25% Jan 5 Jan 9 557a 127a 127a 127a 127a 153/a 127a 12 V2 1572 157a 157a 157a 157a 15 *48J/a 483/4 *48 7a 4874 487a487a 15 14 7a 15 143/4 153/8 14% 15 1472 15 18,100 6474 65 633% 6574 623/4 6474 *62% 64 637a 64 1,140 3574 3,400 3574 35% 3572 36 10074 1003/4 *10074 101 *10074 101 *10074 101 ♦10174 10274 *10174 10274 *10174 10274 *10174 10274 50 673/4 6674 66% 4,800 363/a 6972 70 707a X184 185 *1827a 70 70 184% 1847a 57a x57a 5y« 574 574 *574 53/g *5 7a 57a 1,300 274 2% 274 27« 2% 27a *274 2% 274 274 267a 2,000 *183 184 185 26 2672 27 26% 277s 2572 26% *10274 103 ♦10274 103 10274 10274 *102 7a 10474 *102 7a 104 74 200 137a 13% 14 13% 137a 1372 137s 133% 13s/a 137a 1372 3,100 297a 2974 293/4 29% 29% *2974 293/4 29 293/a 2974 1,100 14% 10,500 26% 27 2772 IS3/. 10472 10474 1047a 15 1574 147a 157a 38% 3872 387a 387a '387a 387a 600 3272 327a 317a 3272 317a 3272 5,200 104 10472 104% 104 104 104 10474 15% 38% 33 104 333/8 10472 •10474 18 *5572 *104 105 *17% 5672 *21 104 104 104 104 104 *160 17 1774 56 5572 553/4 5472 557a 54 207a 21 21 21 217a 17 17 \ 17 *160 180 •160 180 21 1774 •ICO 180 8% 8 3/S 87a 6972 69% *69 7a 1274 127a 127a 2374 2372 874 69 12 •127a .1274 87a 69 8% 2374 2372 23% *21 167a 87a 12% { 23 23 * 13072 > •130 130 ... 87a 4,100 *223/4 400 *6974 12 117a 127a X 2,400 70 x7 0 ll3/4 117a 1,500 *223/4 2374 400 23% ' 71 ' 8% Oct 145% Oct ,52% NOV 4% Feb 109 Jun 43% Jun 9"% Dec 7 18% 133 Apr 24% Jan Jun Jan 137 Mar 6% Mar 30 16 122% Jan 49 Mar 31 7% Jan 3 20% Jan 3 125 , Feb 21 55% Jan 7 28 9% Feb 10 24% Feb 10 Cushman's Sons Inc 1% Jan 20 138 Cutler-Hammer Inc. 13% Jan 13 19 96 12 98% Mar 22 13% Jan 29 15% Mar 15 Corp common 1 374% preferred series A Davega Stores Corp common 26% Jan 22% Feb 9 Jun 15% Mar 87 Jan 96% Nov 14% Dec 17 No par f 67a 674 132 T 51 5174 874 227a 8% *5072 8 22 2172 2474 74 217a 132 •129 247a 63£ ♦1293/4 5174 ; 132 247. 63/4 132 130 v 87a *129 100 v pfd 25% Feb 25 Sep 19% 8 134% Mar *129 •24 24% 67a 67a 51 *5072 , 8% 87a y 213/4 2174 132 •129 24 74 233/4 67a 672 6% 130 131 5072 874 87a 87a • 8 74 - * 190 1,000 1 1,700 / 13,600 213/4 132 237a v D 11% July 15 17% May 9% 4% May Nov Jan 3 29% Jan 97 UVa 7% Jun 4 11 Jan 97% Jan 24 11% Jan 3 8% Jan 27 17% Feb 24 Dana 10 (The) series B 5 Decca Records Inc 3 25% Mar 20 147a 49 Mar 23 Deere & Co Pep 35% Mar 24 36 Jan 36 Mar 40% Jan S' 29% Jan 3 7% 87a 24 72 24 24 7, 23 78 247a 24 24 7a 467a 447a 4574 4474 4474 447a 45 10,700 357a 353/. •357s 353/4 35 3* 353/4 357a 35% 35% 3574 357a 36 2,200 34 7a 3472 337a 34%. 3372 34 preferred 20 31 Jan 11 46% Mar 13 57% Feb 27 34% Jun 53% Dec 12% Dec 14% Dec 12% Feb 15 13% Jan 21% Jan 13 237s Mar 7 Jun 23% Sep 58 Jan 4% Jun 9% Jan Escrow ctfs 10 Jan , 24% Mar Jun Feb 12 21% Mar 13 6 13% Jan 11 6 14 13% .Nov 20% Jan 13 40 , *12% Jan 22% NOV Jun Jun , 58 23 9 "' Mar 15 Devoe & Diamond Match Highest Lowest $ per share 17 S per share Jan t Range Since Jan. 1 Highest • Lowest 15% Jan 11 ■ X" '■ ■ -,i. v1',"; 62 *58 63/4 63/4 217a 217a 8 8 7a 8 *58 62 *58 62 40 62 63/4 67a 67a 6% 67s 2,400 217a 21 7a 21 y2 217a 217a ; 2,500 13 1374 127a 137s 137a 137a 227a 227a 217a 2174 21% 213/4 1,600 373/4 377a 38 38 3874 38 3874 4,300 42 42 % 42% 43 43 4272 4272 1,100 12 *1174 . 87s 8 12 11% 12 1178 1174 3,400 77a 77a 4,100 1874 8 8 87a 1,100 197a v.:..: ,, Par . 41% Mar 17 56% Mar 24 10% Jan 3 13 Jan 9 9 36% Jan 4 Dr. Pepper Co Doehler-Jarvis Corp 14y8 Mar 31 177« Jan 6 Dome Mines No par Feb 27 197a 183/4 187a 18 19 1872 15,300 133/4 137a 13% 393/4 393/4 No par *557a 56% *12 ♦39 40 543/4 > Thursday Wednesday Mar. 29 1 per 137a *13% Mar. 30 . *1372 14 Friday r the Week Shares Sper share 14 13% 137a 800 397a 397a 3872 38% 37% 373/4 400 55 *543/4 557a 54% 5574 54 5472 530 397a „ 12 12 12 12 *12 7a l23/8 12 1274 12 333/4 15 Sales for ; • Mar. 31 • t per share share 347* 33% 34 33% 347a 337a 33% 337a Xl4% 14'/a 147s 147a 147a 147a 143/a 14% 147a 34% 143/4 13% 55% 557a 12% 34% 5 *39 ; $ per share share No par SALE FRICES Mar. 28 $ per 133/4 1 AND HIGH Tuesday Mar. 27 1 per share ; No par 32% Mar LOW Monday Saturday Mar. 25 -V/. 18% 19% . 7 Divco Corp Dixie Cup Co common Class A 72% Oct Dec * 69% Jan 13 54% Jan 13 Feb 20 82 6472 Mar 16 108 110% Mar 30 119% Jan 13 141 Mar 24 24% May 86% Jan 1974 Jan 5 83% Jan 30 Oct 19% Jan 27 21 14% Oct ' 16% Mar 10 81 Mar 7 20% : 11% Mar 27 14% Jan Mar 21 12 Ltd Douglas Aircraft $3.25 2nd preferred 63% NOV 60% Jan 13 Feb 124% "Oct 97% Jan 122%:Jan 9 101% Jan 31 Jun 102% Aug 115 Va Jan 9% Jun 12% Jan 10% Jan 15% Jun 20% Mar 13 16% Mag 16% Deo 13% Jan 43% Jun Jun 7% July 7% Jun 48% Nov 202 Oct Jun Jan 32% 19 21% Jun Apr Jan Mar 30 3%% convertible preferred Dunhill International Duplan Corp *81 l *20 800 12 ' 333/4 4,000 Common 7 96 Mar 4 Jan 10 6 6% 474% preferred 1 Jan 42% Jan 11 Electric Storage Battery Elgin National Watch Co 16 Jan Electric Boat common. Convertible 10% Jun 13% Mar 3774 Feb 16 11% Jan 25 17% Jun 28% NOV 237s Mar 30 28% Feb 23 Nov 66% Mar 23 75 51% Oct 50 Jan 23% Aug 8% Jun 29 26 13 Jan Feb 7 23 Elliott Co -153/4 157a 15 5/a 2,500 15 143/4 157a 19,100 147a 1474 1474 1474 14% 143/a 1474 1,100 8,200 12,800 15% 157a 1572 1574 143/4 157a 14 143/4 4674 467a 46 463/a 4574 4672 4574 457a 179 181 183 •183 187 183 30% 30 30% 307a 30% 30 177a 17% •17 17% 17 17 163/4 95 *93% *94 143/4 - 9% 4474 14% 99 147a 99 87a 44 y is 14% 94% 93/a 9 9 4474 44 - 37% 147z 100 *987a 9 447a 1874 -1772 377, 38 17a 17a 2 373/4 37% 433/4 177* 377a 1% 377a / *9372 147a *98 3772 18% V 387s 12 ■' 247a 24% ; *6374 66% •*6474 12 15% 145/a 30 96 : 15% 15 157a 50 15 15% 46% 179 1778 2 14% 10% 1574 183 3074 100 147a 10% 4674 47 7 377a 12 12 12 24% 25 17 *3772 : 377a 1% 38 12 947a 3034 1634 *937a 94% 14% 147a .14% 100 *98 Va 9 872 43 44 177a ►183 183 186 40 30 30 5,400 *17 *93% l43/fe 1774 947a 14% 100 •987a 8% *872 87a 1,800 437b 43% 4474 2,900 10 1634 177a 167a 177a 3734 38 2 377a 1% 38 17a 387a 3774 2 . 12 12 24 233/4 2474 66 *6174 6672 *60 5274 527* *5174 52 27% 28 •277a 117a 2,500 ' 100 * 3774 600 3734 *37 : 2 373/4 12 12 2334 2374 233/4 667a *6074 8,300 1,200 19,600 2,300 2374 66% *63 23 y8 66 12 900 5,600 517a Mar 13 50 *5174 5274 52 52 *5174 517a 517a 52 16 28% Jan 6 El Paso Natural Gas 3 2778 277a 27% 28 28 2734 28% 273/4 28 4,900 15 15% Mar 3 4 143/4 147a 14% 147« *14% 1474 143/s 1472 1474 147* 1474 14% 2,400 xl6% Jan 3 Emerson Electric Mfg Co Emerson Radio & Phonograph 2774 104,900 29% Feb 11 Feb 0 100% Jan 10 6% Jan 13 10% Jan 13 55 Jan 13 Jan 60 Jan 9 5% Dec 5 10 % Jan Mar 14 8% Feb 5 10374 Mar 21 267a 2874 267a 2874 273/8 28% 2674 28% 27% 28% 193/4 20 20 2074 20 2074 2074 2074 19% 20% 20 20 3374 32% 32% 33 33 3272 327a 3272 327a 32% 327a *102% 10374 102 3/a 102% 30 774 774 7 Va 33,800 1274 17,900 Equitable Office Bldg— 12% Mar 67% Feb 4 Erie RR common 2 674 Jan 9 9% Feb 16 11 Mar 16 ll3/4 Mar 25 Jan 13 68% Mar 55 14 42% Mar 31 37a Mar 27 20. 44 6 Mar 21 474 Jan 10 110 *32% 5 Mar 14 < .10 7% Jan 62 « Corp common—25 4% preferred^®! 100 267a 5 Endicott Johnson 147a 147b 10% 13 Empire District Electric Co page 500 10% 107a 7107a Feb 33% Jan see *10% 1,500 13% Feb 207s Mar 17 For footnotes ioya 10 — common. 5%% convertible preferred— 5% preference ; 17% Jan 11 Apr 200 1072 2 No par 30 5% 1147a *3772 No; 18% NOV Jun 1147a 18% preferred 35% 3 115 X. 31,900 - * 42% Jan Dec 1147a 4372 Elec & Mus Ind Amer shares Deo 115 93% 18 11% 115 U 114% W 11 1 1474 2% Feb €1% >11474 *99 38% Feb Jan 11474 *94 100 : — 197a Feb 36 . 3074 *17% 2 4%% preferred.. Elastic Stop Nut Co Electric Auto-Lite (The) 8 68 1,900 115 *1072 Ekco Products Co common 3 55 July 3% Feb 102% ►179 13 14% Jan 61% Jan 126 10274 1572 preferred 1% Jan 9% Jun 48% Jun 126 10274 *147a Eaton Manufacturing Co Edison Bros Stores Inc common 3574 Jan ' 126 10274 46% Jan 4% Jun 125% 10274 68 Eastman Kodak Co common 9 6874 >67% 1253/4 10274 1 Mar 28 673/8 68% 1253/4 10274 9 197a Jan 6874 68% 125% 10274 48% Feb Dee Dec / 6774 12574 147a 30% Jan 500 2,900 687a 153/4 183 yvy.;"y 10 12 10274 11474 15% • 82 207a 125% 68 15 13 6,300 10274 15% Jan 12 1,900 16% 1257a 14% 16% Feb 10 *20 y 200 139% ; » 687a 16 172% Jan *81 163/a 102% 15% 86% Oct Deo 12 : 143/4 17% 7 207a 117a 16 46% Jan 105 207a 1574 427a Feb 24 100% Jan 1 113/4 16 MarlO Deo 207a 11% *81 1574 Mar Nov 207b 11% 16 Mar 18% f 193/4 1174 *81 Eastern Corp common— Eastern Stainless Steel Corp Jan 13 y 82 82 193/4 1174 Eastern Airlines Inc—_ 10 - 82 82 20 1174 Eagle-Picher Co 45% Jan 27 138 16%' 20 V 82 ... 163/8 115 100 5 12% Feb Jan 1387a 3 Feb 24 1st pfd 32% Mar 12% Jun 137 163/4 1257a -68 * x29% Jun 1387a 15% Jan 1674 Mar 15 May •13672 16% X 167a 17 95 14% Deo 139 19% Jan 10 6 98 75 12,400 77 7872 10274 —No par —No par Deo Jun 637a 111% 1474 Jan 13 29 Jan 627a *11074 137s Feb 100 51 627« 110% 77 773/4 1257a 5 Preferred $4.50 series Preferred $3.50 series 45% Jun 4,200 627s 110% 15% Mar 30 13 x8% Jan 13 2vs 207a 773/4 63 x627a *81 82 rllVa *11% 16% 1774 6,800 110 77VZ 63 113 138 140 I xllO 777a 62% *1103/4 1472 (E I) & Co— 33% Apr Jun 16% 77 7774 633/4 113 11% Jan 10 8% Dee Jun 100 No par 140 ■ 177a • 4 Dec May 1413/8 177a *110% - Duquesne Light 5% DWG Cigar Corp 12% Jan 25 101 Oct *140 -.500 common 6274 64 113% Jan 1 4 Jan 14% Deo 10% Feb 1127a 633/4 102% Feb 10 116 Feb 20 Dee 96 68% Mar 29 126 r 7774 *110% No par ; 77 777a No par : 15 $4 preferred series A Dresser Industries r No par Dow Chemical Co common Du Pont de Nem 6% Jun lb/a 123/e 12 87a 19% 8 STOCK 3 108% Sep 123 % Dee Jun 6% Jun 213/s ' 28 57% Feb 78 , 63/4 213/a ' Apr 14% 63/4 2174 1274 7a 197a y. exchange •. •58 . 63/4 21% 127a 2 3o% Jan 18% Sep 101% Apr ' 48 58 *42 2 50% Jan * 16% Dec 58 67a 217, 25 NOV Dee 62 67a 50c 4 33% July 12% Jan 4 12,000 42 14% Mag Jun 25 2,000 1,400 233/g 4172 53% " 123/8 2374 42% 12% Jan > *12 7a 37% 38% Nov 9% Feb 24% Feb 123/a 2372 3772 "■ NEW YORK v 8 per share share 4772 1274 2374 37 STOCKS XX . 48 74 123/4 233/a 3674 _2; Distill Corp-Seagrbms Ltd 473/4 123/s 237a *48 7a 4872 36 % Corp. 473/4 487a 1274 23% -No par participating preferred 4.500 277a 12 3/4 137s Diamond T Motor Car Co 277a 27 2374 223/4 Diana Stores 1,400 26% 277a 10,800 127a 137a 5 97Z 223/4 233/4 22% 3 2,900 97» 223/4 4872 1374 9% Jan x227e 237a 233/4 7% Mar 31 34 34 93/a 2274 9 9% *123/4 1374 11% Mar 31 Year 1949 48 27 34% 2374 13 2272 common ' 49 *23 7a 1,500 49 13 Dec ' 277a 227a 9 Mar 17' 267a 13 44% Mar 13%'Jan 20 277a 227a 3 Range for Previous 34% 872 23% *58 1 40% Jan 17% Jan 13 27% 2 3 Deo 974; 2374 5 3974 Jan 18% 34 97a 23 - 8 6% 97a 237a class A_^_ 35% Mar r 1% 83% X 13 1 . Raynolds 9%. Nov 12% Jun 6 8% 233/8 8 Detroit Hillsdale &SWER Co__100 Detroit Steel Corp De Vllbiss Co—. 972 97a 273/4 49 100 Detroit-Michigan Stove Co 13% Jun 6% Jun 64% 872 - 23 273/a 20 ,Jan 45% Feb 31% Sep 37% Sep 100 Detroit Edison 2 7% Jan 23%.Jan Jan 6% Feb 53 1 Western & for preferred (The) Derby Oil Co 11,300 872 24 3£ 45 26% Mar 10 20 874 87a 243/4 47% Delaware & Hudson 6 4,700 874 Deo 8% Jan 143/a 46% 30% Jan » 90 100 137a 14 1007a 24 72 Jun 88 13% 14 Va 1007a 87a 97a 14 % 14 1 4,700 1013/4 !101 1007a 2574 347a 164 87a 1474 3374 33/ 33% 1017a •1007a 473/4 974 38% 14 7» 337a 101 101 *874 337a 112 1013/4 101 47% *2274 119 337a *101 2,300 *2474 50 8% 33 , 400 1772 227a 22 1 Delaware Power & Light Co 13AO Denver & Rio Grande West RR Escrow ctfs for common 100 Sep 11% Mar 15 223/4. _No par common Delaware Lack Apr 1 14 7s 147a 17 101 337a 101 14 48% 227a 1013/4 •1007B 10% Jan 43 33 7s *101 23% Feb 10 *1672 2272 1013/4 3 45% Jun 1772 227a 101 21% Jan 12 t per *1672 *10074 19 > 17% *10078 Deo ; *1672 337a 333/8 33% 22% 9% < 101 Jun 16% 17% 227a 23 223/4 10174 Deep Rock Oil Corp 4 % Jun 11% 177a *1672 * 5% Jun 15 147a 50c Jan Mar 50 187a 9872 *1474 •1007a 19 . 18 3/a *98 7a 147a •100 ; Dayton Rubber Co Jan 187a 98 3/4 147-. 100 series A 3.75% 38% Jan 22 : 187a *9772 14% 147a 50c 3.75% Preferred Oct Jan 187a 983/4 *14 3/8 15 23 3372 7 187a •977a :, •167a 983/4 100 Preferred 11 23 187s 983/4 1478 227s *9772 •147a 1772 *1672 187a *9772 19 187a 19 9874 •147a ;■ 15 1 Dayton Power & Light common Mar 16 15% Feb convertible preferred Davison Chemical Corp 5 34% Mar 17 102% Mar 21 101 187a *9772 5% 17 Jan 1 100 2A0 20 43% ,29 Jun 30% Jun 26 May 100% Deo 92% Jan 31 Dec OOl/„ Jan 17 21% Jan 23 31 26% Jan , 15% Jan 22 % Jan *16% Mar 92 Jan Mar 22 - 1 12 No par s 5% preferred series A Erie & Pittsburgh RR Co_. 5772 *61 Eureka Williams Corp... Evans Products Co— Eversharp Inc Corp Ex-Cell-0 572 *10 1274 5772 63 5% 10% 11% 1174 §4y4 _ "When issued" Exchange Buffet Corp___ • 6474 *4278 2.50 . >374 44 3% * 1027a 7 . 117a 5674 *62 5% 97a 11 *63% 43 374 •102% 103 774 7 103 77« * 102% 77B 1074 774 1274 12 y8 64 56y4 56 y4 *557a 577a 64 *62 64 *62 *62 5% 7% ll34 •55% 12 5y4 10 5% 10 574 9% 103 774 12 * 563/4 *102 5/8 11% 12% 64 103 5% 97B 574 563/4 5% 7 115/a 5674 *62 *574 5674 5,300 1,600 500 65 5% 3,700 9% 1,400 117a 11% 11% 11 1172 10% 113/4 10% 11% 64 y4 63 63% 64 64 64 64 64 64 32,700 1,200 43 43 427a 43% 600 •374 3% 200 43 . 3y4 m *42% 43% *4274 4374 3% 3% *374 3% 97a *374 9% 33/4 974 !• 21,300 1,500 237a 2172 24 237a 233/4 - r 50 ? *130 132 •129 129 8 22 *2172 213/4 132 49 21,300 67a 67a 128 130 *50 51 - J 110 167a 87a 87a 1,000 2172 *160 180 *160 87a 70 1,900 5472 ' 16% 1774 60 173,6 *21 17 557a 32C 104 177a 567a 70 *10374 173/4 17% 17 104 104 •1774 1774 •567a 180 8% *69 32% 177« 177a • 157a *38 17% 21% *1774 9,400 297a 147a 157a 39 327a *2272 Cunningham Drug Stores Inc 2AO Curtis Publishing common—No par 674 *130 $7 preferred No par J Prior preferred—: 51 No par 872 Curtis-Wright common .1 Class A IX •2274 1857a 67 683/4 x68 35 3572 57a 383/4 > 70 3/8 3472 18472 157a 9 30 101 102 3374 Cuneo Press Inc__— 2,800 * 102 35% *10074 39% 10 2,800 15% 483/4 14 10272 33 100 12% 15% 483/4 15% common •127a 157a 49 *483% •38% 100 common—10 127« 127a *547a 6 •29% 100 557a 27a 1372 100 7% preferred Cudahy Packing Co 4%% preferred 3 •547a 2.50 5% 31 5572 18672 57a *274 No par No par Crucible Steel of Amer com__Nopar 14 *54% No par preferred Jan Mar 55% 3672 •18472 2 (The) 19% Jan 175 Feb 9% Jan 71 *547a 71 1 convertible preferred Cuba RR 6% non-cum pfd 25 55% -64 7, 71 $4.2o preferred $4 2nd preferred 27 1,400 2,700 *547a 147a 6474 Crown Zellerbach Corp common—5 8 105 preferred Crown Cork & Seal common 11 13 153/4 247. 15% 26% Crane Co common 3 19 13% 36% 157a 2474 12% 10272 Creameries of America 29% 157a 2472 49 14 25 5 Feb 1572 24 5572 15% 100 11 12% Jan 153/4 25 pfd 372% series of 1947__100 Products Refining common—25 preferred 100 Inc 1 International Corp 1 31 Nov 54% 1574 247a 10272 Jan 10,900 1574 101 Jan 61% t 31,400 247a •367a 30% Jan 67a 6174 1574 *10172 14 6% 6074 247a *10074 105 Shares 6 3/4 6% 5974 1574 100 8 25% Mar 30 101% Mar 14% 21 Corn 2% Feb 25 8% Jan 23 - 7 62 25% 12% - 67a 617a 15 *48 7a _ 67a 62 247a 50 1 20 5 Cum 674 603/4 Sales fot the Week share S per 157a •' No par 5 Co common Exchange E-ank & Tr Co Corning Glass Works common 3%% preferred 36% Mar 24 101% Jan No par Corn 6 4 63/4 613/4 Friday Mar. 30 $ per share share 25 15% 25 5 Convertible pref 5% series Cornell Dubilier Electric Corp Mar 27 100% Feb 21 prior preferred Copper Range CO Copperweld Steel 4 Dec Jan Feb 3 49 14 67a GO3/. 674 t per Mar. 31 Thursday Mar. 29 t per share $ per share 61 Wednesday Tuesday Mar. 28 Mar. 27 $ per share -5 — 11 y4 Oct Manday Mar. 25' 47% Deo RECORD Saturday share 7% Jan -Monday, April 3, 1950 LOW AND HIGH KALE PRICES STOCK EXCHANGE Highest Continental Oil of Delaware- 65% STOCK YORK CHRONICLE STOCKS Range for Previous Lowest FINANCIAL & Vplume 171 Number 4895 - (1365) NEW Ban|C for Previous M. » Teur.1949 > -Lowest; . Highest $ per thare .> 34 Jun 41% 19 Feb 12% Aug % Jun : 10%'NOT 12% P«f Family vFinance Corp , 1V* Jan 14 . 1 1 common FA R 20 •16 -17% Dfec 63% July 43 July May _ 81 • .105 Deo 67 Jan 69 ■' * 106% Jan Jan .75 17 12Va.M{ir 29 31% Jan 104% Dec 103% Feb-27 -28 .24 i1 78 15% Jan 10 3&%l 36 147/* Mar 14% Jan .3 19% Feb 27/ 24% Mar 30 . *■ Mar 28 Jan 7 99 29 > Jan 25 35% Mar 24 Jan 30 25 9% Jan 9y* Feb 33% Dec 3 45% Dec 8% Not >12% Aug 10% May Jun *38 Feb 60 11% Jan Not ' 'Jan 2 : 16 . • 11% Jan >10 19%-Feb - 16% Jun 67 23% 8ep 78% Feb 4% Jun 4% Jun >18% Deo !> 6 / 31% Oct Jun 19 21% 15% ■ Jun 3y 3 .4% Jan 3 41% Sep 106 July: 9% • Jun 152 15 6 Jun 10 - 65% 34 : p 26 127 w :$per ehare^u4 Jan 127% Sep < ,v :.r , x >104% Dec, Feb 19% Sep 22%.Jun 38% Dec ,11% July 2y4.Jun 16y4 Mar • 9 51 • .*19 22'A 13% 700 13% 13 13 13 12 7A 12% i3y» 13 Va 18 ■? 18 y8 17% is y4 17% 17% 4,000 6,600 9,600 18% • 3% Dec -Mar 11% Jan 17 15% Jun > Nov 9 ,1 per thare 125% Jan 102% Jan • , ^ - *105% 51 5 '■ 5^ preferred 3%% . convertible » 127T4 Mar 5 3 NEW YORK 104 % Feb22l/2 Mar > vfr, >Jan 38 16% Feb 20 . , 4'A Mar 23 16% Jan 4 • 3. - 6- - ■: 6% Mar 10 24% Jan* 25 Vi Jan 9 18 34 119 r Nov 31 vi > 27% Dec Jun Jun 102% Jan 21%. Jan 77% Apr. • Sep 22% Mar 10 , • Jan 25 Jan 19% jan Mar 36, 36 18% 17% 102 10 * Jan 12 •' 5% Jun 51% 11% ♦158; 6%:-.. 16% 47 85% Mar 13 1 ^ 72% Feb 14 / 1 10% Mar 22 13 Dec 33% Jan 91 Jan 90 - Jan 23 4 17% Jan 13% Mar 24 80% Jun Oct 80 39% Mar 15' , • , Mar 97 16% Jan 3 — 10 "t:. ; 28 y4 Aug 18% Jan 25 17% Jun 25% Dec 24% Jan 3 24'/8 Jan 11 31 Feb 23 55 Dec 1/128 Mar 24 July -10% f 16% x66 5% 107% Feb 24 13 % Mar 24 72% 104 16% 93% Apr 69% Jan 3 101% Jan 20 Jan 43% Jan 13 Sep >16% Mar 103% Jan 13 106 11% Mar 1 1% Jan 3 3% Apr 30% Dec 29 28% • Jan 8% Jan 28y4 r Jun 20% Mar Dec Aug 45% Feb Jan 9% Mar 29 Sep 1% May 16% Dec 26 Dec 100 101 7% Jan 3 Jan 4 24% Jan 4 /MarlO Mar 2 11 Jun 16% 32 Jan 36% 11% Jun 14 y8 Sep 12 33% Jun >43% Jan 39% Mar 14 Apr Oct 15 Mar 30 33% Jan 12 Jan 3 Feb 12 *127% 18 Jan 25% 25% 19% 19% • ■,*!•'j 160 9 per ehare ■f* >1 77-% '- 77%' : *126% 126% i *103% 104%- > 76% * • 126 «/a » rx 21 v 36% ' 36% . . 13%' 13% / 18 -4%. - -4%. 17%.'17% , - *20% —100- 1 *124% i—10c • Refractories——:—No par Jan f 9 9 6%.' 21 - —— 4%% convertible preferred Graham-Paige Motors 93% Jan 100 July X96% Mar 15 Ye Jun Apr 18% Jan Dec 71% Jan 22% Dec footnotes see page 3 8 13 6% Jan 3 Jan 3 12% Jan 3 51% Jan 4 59% Jan 25 21 20. Jan 3 *84% V 300 19 y. 1,200 19% 800 17 y4 3,100 5,200 25% • i87/8j 4% 300 11% 11% 160 9,000 64 25% 17 64 26% 25-% 16% 6% 16 16% 16% ♦127% 128 ' 50% •iooy4 400 4,500 - y so y8- ■ 100'A 106% 9% >16%-55% -55% 101 10% 10" 10% 46 46% 50% - 55% >55% 128 128 112 111 No Grant (W T) Co common :i 9 17% Feb 36 - *95 17% 21 v ! ' Gt Northern 13% - 32% 115% > ' > , : •> - * Jan 30 ' 6% 11% Jan v 33,100 2,200 128 100 Jan 700 . ; 86 *73% 76 r 39 > *95 • 38% 39 Vt *95 14 Ry 6% Feb 21 103 16% Mar 23 57 t Mar 23 64% Mar 17 24% Jan 13 •105% 14% 19% 19% 28% 28% 28% 28% 1/128 1/128 55% 55% • 10% *108 13% 10% 10% *108% 13% 84% 8% 33% •27 28 *101% 102 % 15% ♦35 15% ' •12% y8 par 21% *146% 8% 8% 36 35% 35% , .I 33 102% *105% 106% 105% 12 : Va! 23% 86 85 76- .*73% 76 10% 9% 10 37% 38 % *93% 37% *93% 94% 137/8 82% 82% 28% 19 27% 26 55% ♦54% ioy4 9% 2 .h' *54 9% *107 •13% 83'A 103 50% *105% 12 1% 109% 84% •102% 103 • 2 8% 35% 8% 8% 1,800 35 y« 36% 3,200 32»A .32% 31% 32% 2,300 27 Va •27% 102 102 102 27% 102 r 15% xl5% 35% 36 8% 27y8 •102 27% 102% 15 is y8 *14% 36% •36% 12% 12% 12% 12% 41 40% 41 21 21 21 21 21 147 70 »*66 147% 70 147% ♦146% 70 •66 * 21% ♦1463/f 147% •66 70 $5 preferred > Gulf Oil Corp__. Utilities Co *7% ! 16 8 102 16% 7% 101 15% 5,000 21 4,100 *146% •67 42 3,600 42% 42% 42% 42% 15% 15% 15% *15% 15 y2 10% 10% 10% 10% 10% 10% 10% 10% 98% 98% 23% 98 Va 23% 7% •98 23% 102% 101 8 101 18% , "7% *101 15% 15% 23% 7% 15% 97% 98 22% 22% 22% 23 Va 7%. 102% ,7% 7% *98 7% 7% 101% *101% 16% 15% 16 •101% 102 %■' 700 13,400 56% 55% 63% 64% 63% 63% 62% 63 y4 61 55% 62% 55% 64% 61% 62 y4 23% 23% 22% 23% 22% 22% 223A 23% 22% 23 22% 23 56% 70 24,200 16 63% 56% 9,500 5,700 55% *56% *55% 60,300 15% 25 56% 700 > 40 98% 23% 98% , No par 56% 80 70 No par 56% v 147 y2 42 y4 10% *100 40% ♦15% 10% $5 convertible preferred——No par Gulf Mobile & Ohio RR com.No par 12% 15% » 6,200 12% 40% 42 Va 10% 23 Va 150 20% 15% 10%* •98 . 42 15% 23% 70 1.10O 36% 40% 21% 2,800 27 Va 102% •36 12% 148 27% •102 15 40% 98% 18,200 2 35% 15% 42% * 200 5,400 12 y4 8% 35% 35% 15% 23% :l7/» . 51 33 *8% 15% 42% *98 12 12 103 105% ♦32% - 35% 15% 100 1 1 preferred 105% >'• •35% 8% 15% 43 4%% 50 Va 51% 106 35'/a 35% 15% ■ 4,800 1,100 10,200 12% *42% 109 % 3,000 40% 70 '. 13y« 12% '66 200 10,800 10 83% 41% *66 402,700 56*A 13% 12% 21% 20,200 ' ♦107 2.300 - 83% 40% *146% 500 19 Va 14% 12% 21% 12,100 14 28% 41% 148 6,000 38% 95 14 12% 2 2% 6,300 i9% 51% 105% 12 12 50 85 •73% 9% 3,555 33y« 27% 27% 15% 104y2 23 35% 8% 102% •35 *101 23% 33 • 33% 27% •101% 2 104% 82% 84% 51% 500 ♦24%/ .24% 24% 400 1,700 29% 13% 13% 84 y4 - / 19 y8 ♦102% 103% 103 51% 8% 36 13% 51% . . .900. / 32 V* 82% 10% 109% •107 109% 13% 84% 29% 29% 2,500 22% - ,113 19% 55% 9% 10% 13% " *54 55% 109% 32 y4 rl/128 1/128 1/128 1/128 *54 22% 115 29 *82 84 .900 4,565 -6ya 14% 28% ' 21 y4 126 6% 83 19% 12% 33 957/# 13% 19% 108 *35% __3 Gulf States 39 14% *82 27,500 21 y4 32% (The)— Grumman Aircraft Corp Guantanamo Sugar common. • 38% ♦93% . >10,600 20,300 13% ♦84V2 • 10% 83 2 100 76 ioy4 96 23% 86 •73% 19% 13% 12 loo preferred ' •101 23% ♦84% * 29% 24% 104% 23% 14 10% 13% 41 • ♦101 10% 39y8 , 4,600 / 36A4 ■ *124% 115% 115 25 83 109% *108 par 25 86 76 ♦32%, 116% 29%: i- 4 Va 17%,' 17% .* 23% 22% 32% f 1,600 . 1,700 13%. 6% 6% 23'A 32% 29 ya 23% 126 . y 35%, ••4 4% 17% 20% 20% •124% 6% 23 ■ 13y4 ■■'.. 17% 17% 126 6% 20% 36 1,600 20% >21 4 4% 37,700 103%, 104 13y» 21% • ♦124% 14 57 10% 5 17% 21 25 ; 104% 10% 96 „ >' 29% *73%. ■ •: • 115% ' *84% . 17% ...: 23% 10%. 10 - r' lQltVlr 35% ' Shares 76% 75%' 126%. 126 Va 103% 13% Sales for the Week Mar; 81. 20%« 36% 85% • ♦55% Common 28 24% Feb 15 8% Jan 19 350 ■ - 126y8rl26% 21 35% 13 y4 33 *101 •:.t 23% *84% . >. 25 : 104% 23% 1/128 1/128 Green (H L) Co Inc 1 Greenfield Tap & Die Corp..No par 11 200 r 55% t per share T6% ; 76% r , * 9per ihare -- 126%- 21 *'. 115% 29% ■ ♦101 - 115% 77% • 126 */4 6% 23 32% 33 »A 29 3A 19% ! 19% 28% 28% _1 Green Bay & Western RR 7 3,500 > Friday•*•>*:< ■ Mar. 30 104% 104%^'" 21 126 23 23% 116 25% 76% 4% 21 >♦124% 29 Va ; 9p9rthare 21'A 4%-'; * Man-26 77% : v 17 % v; fv25% 39 Me *83 par —100 pfd_—No Great Western Sugar com No 7% 30,200 50% *93 100% 10% 11% 128. ••■•-'Thursday— rWliMsisi: 35% 36 12%. 13% >■ • . i 96 23 ? 10% *39(4 $2.25 conv preferred. ; No par Gt Northern Iron Ore Prop._No par 12 44% Jan 10 preferred Grayson-Robinson Stores com 28 Mar 29 Jan 13 3%% 160 -127 46%'.> . 50% ♦110'A 111 111 • -. 55%, 127 JA 127% •111 240 28ya 127 45% 50% ' 10,700 15%',. 15% *25'/a 127 127 47% 46% 40 3,700 1/ : ',.;€%/■ -6% t /? 63% *63% " C%> 6% 2,800 160;.. 159 17% 50 . 1,700 / iosy2 iiy*; -11% 11% 16%' f 106»A+106% 50% 50% 166: •158 17% 2,800 - 19 y8 •104 106% < > 64% ,.126% 126% 104%T104%>- 6% v 86 76 10% 5 10 5 Greyhound Corp 10% Jan •104r 26% r. »: 125% 1 , 1 Granby Consol M S & P 15% Mar 24 July 7 24 ♦73% .10 27% Jan 45% Mar 12 50 —_1 100 35% Feb 27 4 Oct 51% 6%-. 50% V 76% ■ >21 *124% > 6% *23% 5 102% Jan 4 9% - 2.50 Grand Union Co (The) Jan 54% 36% / »19%*1 19% ' •105% 106% 51% 51% 106% - 64% ♦iooy4 101 4% 6% ' 23% ' 23% No par Granite City Steel Jan Jan 19% 11% t.penahare- 36% 13% -.17% >> 21%. 125% Corp.— 37'A Feb 28 13 Jun 19% 19 •158 : >v;-Marv2$>>'.. 21 Va 36 / 13% .-.//,. 4y» 12 2% 2% Feb 41 Jun 19y8 19% 51% 47 >.?9% 126% 11% 13% Feb 10 Dec 16% 19% •105% ^ 111% 111% 77% 106% 6 14 V* Mar 56% 25 •104 >106% 130 . :'*103%, 104%/- *21%:,21% ' " •105% Mar 108 43% 41 25 26% t 9 per thare r 51% 11% 100 25 64% . * • 85 Va 33% Mar Jan 2,900 17% 4%-'. 4% 17% 46% »50y8 130 • 102% 6 Dec 100 6% ■ 19%> 18% 17% 4% 19 Tnesday 84% jan 7% July ,. 19% i6y4.vi6%' > Ma*.27 51% 65 14 4% 6%. 19 ,,, 8,900 *24%' 16% 17% •, 17% 6% 64%' 1 — M*r. 28 v:v « 102% Nov 101 18% 6,400 7% is y8 36% 36% 18%* •187/8 19% 4% : *105% 106% 51 ' 51% *104% 107 f -v>;ll%> 11% 17% 111% >111%* » 51% 67 Jun •35% 1,420 8%- 7%, 7% >. 10O 9,900 , 78 18%- 25 ■ 84% 71 Feb 1 * 7% 7 4,100 63% *77 8% 6% 5- - - I8y4r 7% 18%' 19% :: • 37 ' 17% 4% 56 56y4>/ >55% ■■>""128 %Vt28%1......•127% 128% 102% 7 Jan 7% *i8y8 7 18% 17% 56 51% 7 For 19% 17% ♦158 •100% 101. 84% Mar 5 - •35% • ■/ • 16% 102% Mar 92 8% 7% 18% 8% 7 / ; -77 7% 18 —19 - •18% 36 >25% $5 preferred No par Goodyear Tire & Rub com—No par $5 preferred No par Gotham Hosiery— No par 22 20% V 8% .7% 6% Goodrich Co (B P) common._No par 149 19% 77 , 1874 ; -s 10 3 9% _5 No par Rights . 51%" Mar 25 13 Jun 77;'- W/a , v 85% Mar 27 104% Jan 18% Jan Dec 77 1 »/'9y8,..: ,fl0%:.'-, ' >*> Sstirday . Goebel Brewing Co i Gold Se Stock Telegraph Co Goodall-Sanford Inc— 9 137% Jan 62% 77 4% 47 V4 50% 50% 128 y« Glidden Co (The) common—No par 112% Jan 11' Oct Jan 21% 130% 46% .v 112 y» , $4.50 preferred 2 144% Mar 16% 133% July 20% 66y8 ■> 130 r . .'112 V* - Gleaner Harvester Corp— 56% Mar 23 Jan Jan Jun Jun 21% 25% U- t 16y4 » * 47% • •9% 10% *55% ; 56% ...—100 100 Georgia-Pac Plywood St Lumb Co__l Gillette Safety Razor com——No par $5 convertible preference No par 37j Mar 17 23 54 19 Jun 10 Dec 116 Jun Jun 20% 17 - *25% ■ i*iooy4 -'101 .«>>•;. 4 y4% preferred 3%% preferred 84% Mar 15 Dec 08% 21% 10 LOW AND HIGH SALE PRICES «TO€K->. Gimbel Brothers common.— 9 Jan 21 Jun 16% 21% - 6% > 6% * $oy. : so.% Nopar V 100 24% Feb* 14 i ^General Tirt Se Rubber Co com,—-5 3 f 7 37% 34 ♦16%' 21% ;• 8 ' 160 16% , 25 Jun 52% 63%; 16% 36 11% 11% C 16% •33 y4 33 %• 1 116 " 116' ' No par General Telephone Corp— *29% " 29% .-20! 1 i General Time Corp common—No parr ■■• *24% 25% *101 • \ -4%% preferred 104%; —.——100 Jan 68 Jun 100 9% 64% >18 19% 51% •104%'107 - 68* > Par General Shoe 8% Jan 77% Jan 79% 72% July 700 9% f>7%;..>7% 106 y4, •105% ? - /Gen SteeLCastings,$6 pfd Feb Mar 73 1,300 9% 63% *18 19% /,• 60 1034 9%- •16ya >•': 7% 19'A ••.. ♦10% 10%: 16% , 19 ■ 10% . 64% 76% • 10% • 64% 21" 26 - 10 10 90 25 ; - *16% ■ 19% • ,r v . 10% 25y4 •25 7,300 ,65% 65 -; 17% *25 10% ■>' 10 ->■ 19 *25 150 %• 31 30% *16% >16% • 18% 19% •'•> 25y4 - 10% 7% 7% f > 26% - EXCHANGE . General * 3 26% Mar 16 ■ ■ 101 Jan .29% Jan 11 28% Jan 13<• 22 24 14% *25 18% r. • *26 ■ Gen Precision/Equip Corp—No par General PubHc Service lot ' 12% July *95% Jun 31 >■ 8% 5iy4 *66 * * ■ preferred..—100 e% preferred— General Realty % Utilities. 6 3 Jan 30ya " 25 >/4 24% * > 7% Jan' O 112% Jan 5% 31% 25% 7% ' 106 % 100 s' *130% 131 '-■■■ Geo Railway Signal com; 24% Feb 17 X31% Jan 48 30% 4%.. 5 107 V. 6% ...—No par1.' General Public. Utilities1 Corp 18% Feb 20 126% Feb 23 , Dec 12% 30% ?«31% 10% •18 : 19% 16% , Jan 67 98 % 76 y2 5- 11% id General Motors Corp common^. 7, S5 preferred —No par II > Preferred $3.75 eerieS—No pat 4 .; Gen Outdoor Advertising—par 3 ' " General: Portland.Cement Co_^.—..1 34 64 ♦93%' 2iy«: *158;,* 160' 10 122 Apr 89 98% ' Jun 15% *88 98 y2 21 ■ •. 17% > *104% ;• No par General Mills common— •• Mar 18% 99% 89 98% 76% 37 19% Corp coib—No par , *-93.50 preferred———--—No par General Instrument Corp—c—^c..l f per thare- >,f 78% Feb -6 ; ; 1 99% July 22% Jan 20% 24 26 89 98% 10V8 wy* >19% Generhl Foods Highcst 68% Jan 13 > 121% Jan • 24»/a 88 98 y2 " Jan, ■>■ 19% Jan 124% Dec. >7y4 Not. -May 4% Feb 26% 88 98% STOCKS 3% Feb 10 20.y* Jab 120 25% 88 98 65% 16% , f 18% 26% 16% - ? 88 T > 10% *25% >26% 100 General Electric Co— 8 ;r>. 12% Mar 28 „ 18% •26 26% 27% r»7%. -7:% • 20,200 19 •13%, •>: ' 1,100 6,000 -22 65% >19% ■ 26'A 13 y» 7% ?- 4%. -120 104 19% 7% *17% 5,800 -30% *25% 22 y» f *18% .18% * 1,200 - 104 104% 104% 25Mi 26 27 310 1,300 12% 3oy4 *12% 13 y«. t , 31 y4 31 *104%'104% 26% 74% 21% •' *36" > 1 Transportation! -,;7%. .preferred'■' . * Mar 16 34% Feb 17 - 12%* 30%- "30%12% lfr ;V . /18% » i'-:7% f 7%. ^ -General Cigar Co Inc com—No par >18% Jan .11 . •?v. 19V8 Jan , 74ya 13% 13% ' 'is. ■ 12% 74% ■74% 75 12% 74% r 22% 10% *18' 1 4% 1st preferred —,—.100 conv 2nd -preferred. —.—50 -X '47%-Mar 22 13 ::.-i'>--liOW«»t per thare 2.900 19% 90 ' 77% 7% ,-.,i;4% 9 > 138% Jan Mar 30 ti--■■"{'. -Behge Since - 72% Nov. c 123% Jan 13 • * ;■ r\ c 59% 106% 62 19% 98 21% f>7% " ,.50 1.66% General Cable Cora com 30% Jan >109% Jan 10 >115 . 2,800 59%= 166% 22% •wy* 26% 16% 77% * General.Baking Co common——.—5 >8 preferred. JNopar .5 General 'Bronze Cojrp... ,75 * Jan ' 9 ' 41% Jan 13 • Jan 31 9% Jan Mar 24 *47% Jan Dec, .'xRangeforPrevi»«s I -YeM'dWF-.. '■ >>,' ^Highest *97 > > 4 63%'MaT 31 - 62 %• 59% > 19% 18% -ioy4 65% - 21'/» • $4.25 preferred series A__y_No par ; Feb 17%'Mar ! Ap* •W v457/» Mar 31 r 112! -Apr 51% jrun : 100 .• Mar 2 103 'Jan. 20 >13% Jan.. >> 6% Jen 4 > •! 13%-Feb 16 56y8 Dec 54% Jan 16 v - -57% Mar 8 126 Jan -13 v-129% Mar 3 >128% Jun 123% Jan 97 Jan 62% 587/* •106% 106% 106% £06% 22% i3y» *88 98% 65% *16%' __2 .: 94.50 preferred ■General Amer ■ 165 ; 6% Mar 29 48%. Dec 100% Dec X6% Jun 44%. Jun '< 12 Mar 20 : 13% Jan 12 Apr. *42% - Dec 93% Jan ■i > 10% Jan> 5 139% Jun 39% Jan . 8 r Jan 20 !. Jun r 31 1 Jun 129 •y, 3 Jan . -79% Apr 24% Jun 17 7 53% Mar 158 Dec 61 y2 59 " *, Jan 11 105% Mar Dec , 63. 59 19%- ■ ' . io.%Mo% *ioy« No par Gaylord Container Corp 18%- 19% *62% 19JA 13% 25'A General -American Investors com 19% 63»/a 587/e * 22 *25 1 18% 13% : * -18%- 12% ! 27% k 90 » 190 3,100 1,000 11 %r, 10% 19% 25 y« 19% Mar 23- 107% Mar 163% Jan Feb; : ■ 11% 22% •*25 20% Jan 11 Jan* 3- 13Ya 27% 4,800 103 103 104" 19 32% >4%% convertible preferred— 27% Jan 12 fll 35% 35% 36% - •103 11% 3,700 - 13% 31 com 36 ' 103% 11%, 200 '4%' 4%.- * 300 18% 19% ? — Oar Wood Industries Inc 36% , 103% 11% 8,000 36% *18 4%- 25,500 .15% 36% is y2 4% 15% 37 •is 1%. 1% , "26% W. 32% ; •36y4 4% 36% 36% 1 5,600 15% 22 ■i. 98% 100 (The). Oarrett Corp c 35% iy4 157/» 37 18y2 4% 4% 31 y, 104%. 104% 26»A :• 32y«. „ Gardner-Denver Co >• 4%v .31 104% 26% 22% *88 .v 5% Jan 12> 12 '/a 19%. i3ya ■ >. 19% Feb 10 45% Jan 13 . Jan •> 11 Oct 9% U ,- 19% Mar 16 « 1 103*4 Jan 12 "48% Nov 99 ; -< •18 5 cGabriel Co (The). >vGair Co Inc (Robert).-co1umoa.-4.-i -E* preferred— s. ^ ..20 -. •36% wy*; iy» 15% 1% 15% 1 106%; ioey2 74% 75 12% 12% - 74%' - ■; 18% ■; 18% 10 4% preferred 37 19; 106% *104% ■13% Gamble-Skogmo Ine -.common —5 38% Jan;125% convertible preferred;—*—^50 ? 19y« Mar 31,-/ Cbtmewell Co (The) .4.—No par : 24% Mar 13 18% Feb 4 . 1 8 % Jan 20 * 15% Jan > Feb 8% Mar 29 > 10 19% ' 18% Jan 28 - Dec 23% Jan .19% Dec: >18 107 Jun ; 105 Jan.! 103% Jan 13% , Jan 17 9. 8% Jan 10 * « c 34% Mar 10 >. 32% Feb , V: 3 6% Mar 30 6% Feb Jun 3 12 • 80 : Apr:Xl7% Jan .16% ,3% vJun 22% Jan ; 7 Mar ,' 7% Jan ! 17% Dec 10% Jun : 16 5% Jan ! 41% Jan Oct 15 - Feb * 17% Jan v v -9% Jan , y43'.*;vFeb, 75 % 7% Apr 7% Oct 14%' Jun v 20 Dec , 22y. No par ' ...; ",y 15% - ' - '31% '31% > 'i3y« - ■ Froedtert Grain A Malting cc Inc-l Fruehauf Trailer Co common 1 ' iy» 15% . -63 _lo Freeport Sulphur Co a ' •15% -:>58% _25 6% 'prior preferred—' Francisco Sugar Co ' Franklin Stores Corp 65% Mar 23 ' 31%w 32 _100 —_ 15% 103% 103% 64 12% 12% *104% '104% 26y« • 26y» _i_i 3%% preferred —: Foster-Wheeler Corp common 15J/a -11% ' 7% • 15% t .; * >> 15% ■ . : •74% 74%" 12%' 15% * 3%% convertible preferred—100 ■j 30 11%. Jan 2.7 »■ : .3 57% Jan 13 16% Mar 15 417% Dec * Jan 74% - 19% 18% 58% 106% 2,600 4,700 24% 19V4 19 y» 63% , 19% 42 24% 20 37 12% *i8y» r 59, *106% '106% Food Machinery & Chera Corp_—lo 96% Feb 10 » ... 587/a 10,900 24% 19»A 41 25 19% ■, 36% 12 42 y8 24% 43 24% 19% 15% 103 103 ;. 12y» 63 % > 63 % l^^jno par Food Fair Stores Inc__" 30% Jan -18 88 96 92% Nov Jun 2 > > 103% 12%. 41% > • 41% 25 X' Sharet KJ. 15%-, 4%.. 4% 36 Sales far the Week $ per thare I per thate - 43% 18% 18 (: Friday Mar. 31 Thursday Man 80 I per thare - - 19T« 1 4y« J • 24%: 16 *36% >37 f *19%.M9%W- -Florida 'Power,. &" Light Co_J No par ! Florshelm Shoe class At. ___No par Follansbee Steel. Corp L 10 »3 Dec 96% Oct Florence Stove Co„ Florida Power Corp__ 20% Mar 17 -11% Jan 29% Jan - ' 19% Feb 8 ■ / 22% Mat 23 13% Mar 13 14% May July 21% 2 15% Oct 124% Jan 20% Apr 89 '4 . - ;■ *15% •' ... * inn TJo par Firth. (The) Carpet Co_ Nopar .Flintkote Co (The) common__No par ■v84 preferred ; uNo par 9 Jan 27% Feb • 18% Jan 320% Feb 15 ' May 9% Sep 8% Feb -f 33% Jan 106 Mar 13 • Mar 28 ,18% Dec 12 \ Jan /#%% preferred *. First National Stores 5 ■1--.1 •- -j ? 18 Va > *103 - 14% Jan 20 , 29% Mar 4 98% Jan 18% May 13% Jan i 83% Feb- $> 1 ' 42% •.. 16" • ' Weiaesday - Mar. 29 t per thare 45%' ■ -i5% ' 16 ftv4%-'•' * Ferro "Enamel Corp i Fidelity' Phoenix Fire Ins N y la Firestone Tire As. Rubber coniw—25 60% Mar 17* Feb £5>' - 17% Jan * I - 59 y, Mar 21 ,52% Jan 13 .Dec 107% Mar 11% July 21% Jun. 20% Mar 201 3 , ,56: 106 53 17% Jan • . - . Mar. 28 *24%- .^,24% 20 • 20j/8 ■ *36'A" 37% "*18 . Jun • * 43%. . ; 16 y« : 1 ., . ' ' per thare "t 20% - 15% - , Dec Mar. 21'?v * l _ 16y» Jan 13' *" Mar. 25 • " 42 44% '*24%' .'25 ^20 _ Meaday?T«esday> it *8 perthare —No par -Fajardo Sugar. Co Falstaff Brewing Corp <7 17% Feb 23 3 Fairbanks Morse «fc Co v .Feb. -4 • Saturday." '• •' - . 104 Sep *20% Jan 46 ^ Liquidating, Corp—, Fedders-Qulgan Corp m 1 35% Mar 11" 40% Mar 4 if ■Federal Mining A, Smelting Co 17%jMar.' 4 **■', 19 Feb 17> i Federal-Mogul Corp * 5• 4*% Feb 1* - >5% JarrlO" Federal Motor Truek——No par .33% Jan,13. 38 % Feb 27 .Federated Dept Stores common _5 103 Jan 3 v 104%Mar9 4%% preferred —> L £0010% Mar 31 • 13% Jan l2 V Felt & Tarrant Mfg Co • A •"6% Jan 95% Mar 25 22yt Jan 15% Jan: -3 38% Jan .18% Not -3% Jun •24% .-Feb EXCHANGE •' : 45% Mar 27 r V 14% Jan >3> '* Jun .14% Jun : 3 % Jan LOW AND HIGH 'SALE FBICES Y NEW YORK .STOCK ,- RECORD '• $ per thare 19% Mar 30 7% Jan 15% Dec, •' > Highest - ■: 37% Mar 10 23% Jan 15% Oct - 11% Mar 32 Jan ■ V- / f per ihare 25% Oct .23% Dec 19% Oct ,„■ Lowest- $ per thare v Range Since Jan. 1 ■ STOCK ' STOCKS - YORK 13 9,100 14 COMMERCIAL THE (1366) NEW FINANCIAL & YORK STOCK Range Since Jan. 1 Year 1949 NEW YORK LOW AND STOCK Saturday ' Lowest Highest I per share Highest $ per share $ per share EXCHANGE Sper share / , j. Monday HIGH 1950 SALE PRICES Wednesday Tuesday Mar. 37 Mar. 25 Mar. 28 9 per share t per share Par j Monday, April 3, RECORD STOCKS Range for Previous Lowest CHRONICLE Thursday Mar. 29 $ per i per share Friday S per share A Sales for Mar. 31 Mar. 30 share the Week Shares tper share H 31 Jan 39% Dec 22% Mar 30 46% Feb 14 16'% Jun 24% Dec 32 V2 Mar 21 25% Jan 30 Halliburton 12 Jan 14% Dec 14% Jan 15% Jan 12 Hall 11Y* Jun 72'/a 13% 4 12% Feb Dec July Apr 108% Nov 18% Nov 23% Jan 20 Feb 145 16 Jan 142 81 May 149 104% Feb 12 8 Hanna 6 Harbison-Walk Feb 148 "-/■ Mar 31 Jan 25% Dec 23% Jan 27% Jan 12 4% Jan 7% Nov 5% Jan 7% Feb 10 Oct Jan 68% Jun 10% Dec 64% Jan 9% Feb 71% Feb '11 Jan Jun 9% Jan 6% Jan 8% Jan 24% Jan 10 19% Feb 25 21% Mar Dec 25% Dec 84 95% Dec 37% Dec Jan 30 Jan 98% Jan 13% Jan 40 Oct 103 Dec 31 Dec 40% Feb 53 Dec 131 Sep Jan Hecht Co 3%% 6 44 Heinz 20% Mar 7% 45 Dec 40% Jan 30 46% Jan 11 53% Dec 53% Jan 56 Feb 8 51% Jan 4 61% Nov 52% Dec 6 53% Feb 3 *13% Aug 21% Jan 15'/# Jan 3 22% Feb 18 14% Jun 21% Jan 13% Feb 10 18% Jan 7 77 84% Sep 12% Dec 15% Dec 70% Mar 14 80 Jan 6 11% Mar 6 12% Jan 11 14% Jan 4 16% Mar 30 Dec 8% May Jun 12% Jan 15% 5 Jun 29% Sep Dec 13% Jan 20 25% Jan 14 Jun 15% Oct 11 87# ' 22% Jan 28% Sep 27% Jan 50% Nov 44 100 34% Jun 116 04% Sep 9% Jun Hollander 19 % Jan 17% Mar 31 24% Mar 34% Jan x24 : Apr Holland Furnace V 9 29% Mar 16 Mar 31 31% *97 Vz 98y2 "36% 37% 37% 37% *36% 37% *36% 36% 35% 103% 103% 33% *102% 103% 102 % 103% *103% 103% *32% *32^8 33% *32% 33 *42% *42% 43 *42% 43 54% 50 *52'% 53% 20% 21 % Hooker 72% 72% 71'% 72 11% 11% 11% 11% 11% 11% 11% 11% 11% 11% 117 k 4,100 15% 15% 16% 15% 15% 15% 15% 16 167 k 16% 167 k 2,800 -'-1 *14% —5 27% 27% 12 12 5 18 30 '29 45 Mar 22 Jan * 31% tight Houston Oil Texas y Howard Stores 9 Howe 17 26 Mar 13 87/# Jan 12 3 5%; Mar 31 4 * & Corp 37% 9% f'' 9% — preferred :100 .*14V# -*1 —6.66% S' ■' ' ' \ - Dec 35% Feb Dec 34% Jan 25 Dec 92 96 Jan 94% Jan 17 34% Dec 34 Jan 25 37% Jan 36% Jan 13 41% Mar 23 Dec Oct 5% 24 * \ Par 26% Ingersoll-Rand Dec Jan 9% Jan 32 Dec Jan 147/a Mar 240 Jan 4 Jan 4 88 1 4 Jan Feb * Feb Feb 130% Feb Dec 29% Jan 24 Int' . 1 14 7% Mar 29 3 14 preferred Oct Mar 30 46% Jan Jan 49% Mar 23 547/a Feb 4 Jan 33 36 5% preferred'International Salt 28 57% 40» Jan 13 11% Apr 9% Jan 3 20 Dec 17% Feb 17 Mar 7 18% Feb 23 Aug 20% Jan 4 24 Jan 34 Nov 29% Jan 30 38% Mar 25 24 Jun 32 Jan 27% Jan 5 Feb 136: Mar 24; Mar 1 141'' Jan 3 3 ' L—No $6 14% 37% 14 300 3.800 98 15'% 400 36% *15 37% 36% 8% 8% 4.400 *87k / 1474 7.500 9 15% 37% 37% 367k 37 3674 37 13% 14% 13% 141/8 13'% 13% *14 *14% ' 11% 11% 11% 3% 3% / SALE 5 400 4 75,300 3,100 PRICES Mar. 29 Friday / Thursday Wednesday v 16 900 2334 23 3 4 2374 237k » 7% Dec 11% Jun 18% Jan 6% Feb 14% Jan •1 Jan 94 Dec / Mar. 81 Mar. 30 $ per t per share $ per share 44 Jan 05% Jan 30% Jun 29% Jun 102 Feb 59% Oct 105% Dec Jaeger. 95% Mar 29 3 70% Mar :' share 8% 35% 35% 270 39% 4074 8,600 5374 53% 53% 53'k 537k 1,400 8% 874 874 8% 87k '<; 3,800 33% x32% 327k 327k 32% 5,900 8% 33% , * 175 46'% 46% 47% 46'% 4634i 67 % 67'% 67 67 " 66'% 67'% *172 175 39% 39% 39 39% 397s 13% 13% »' 12'/« 13% 13 13 10% 10% •107k 10'% : 10% 107k *107k 1074 T 197k 197k 191/4 19'% 95% 95% 95% 95% 96% 96% 1% ''■':: -;i% 1% 17k y"V 17k 174 13% 137 k 137k 13% 1% . / 14 231 % 234 233% •:27: 26% 178 238 236 26 178 240 *l7k 174 174 13% .178 178 137k 13% ■ 237 233 r 26% 26 267k 178 26, 178 178 " * i^/, 12 33J/4 33% *85 / / 12% 12% 12% ,12 y4 * 134 32% 33 % 33 V* 33% 3 7 . 25% *135 88 88 •t Vi25% *"'7 •• ' *85 7 r 136 89 *674 *85 •; 107% Mar 1 45% Feb 9 497/8 Jan 3 48 <7 Jan 3 56 6 Dec 33% Jan 73 Jun 86 Jan 40% Mar 108% Feb 27% Jan 2 Feb 39% 136 383,4 106 Y2 *105% 6% 109% Mar 20 13 31% Mar 4 81% Jan 13 30 V8 Mar 31 87% Mar 6 34% Mar •_ *58 v" 7 >*\/:6% 59% 570 38,600 .'121/2 11% 12% 48.700 33% 33% 3374 3,900 \ /. *86 88 *86 67k 25% 2574 13674 Xl35'/k 88 674 88 6 7/8 257% *135'% - 58% 137 38%/ *105% . / 7% 67 k 39% 387k 106 " 6'% 59 %v *58% *135% 1357k 39 377k 106 *105'% 67k 7% ■ • , % 58% 58% 40 % 40% 49 % 49% 49% 59 J 1 * *35 38 *35 v 3.300 59 62 V. 59- 59 60% - : 38 % 59 " 40>/2 ' 40 Y* 407k 49% ■ 50 *35 50 ; *35 38 : ,59 *58% ,'60 : 40% 40/, 50; 50>/4 , U% 12 % 19% / 19% 20 : 11% *: ; 127k" 19% 197 k 12% .,19-% . 38 106 77k • %'■ ' 22 y8 22 137% / 22 22 y8 :\*2i% 22 Vb 38 37 37 y2 371/4 37% 2Q V : r 37% ' 29 28% 29 V ' ' *136% *21% 137% *13C% %&23%s 29 ■ *136'%" 137%" 137% 6 9.400 J/ 2,870 ¥•'■• "63.- 4,600 59'% 4074 4074 507k 2,100 38 12% f 137k w 294~20Q 19 j 200 s 38 19% >35 / • "19% ■' " r<- i97k *21- ** 2174 217k <2172 '36% 37. 36'% 29 Vs 29% 28% 28'% «136 % 137% *136'% 137»/a *16% pfd_^100 ___l I *103% 48% *55 . *109 f <i. 95% 95 ; 657 k • - 66% 1037/2 ■ 105 49 y8 ' 55'% 109% ,86% 31% ' .31% •49 % * • ■• • 30% : 30% 86 48 % 29% /! ;= 47% 55 I *109 31% 30% ; 29% ".86%:: 86 .> 103 V2 j' 16% 951/4 \ 66 9574 66 *103% 105 1 105 v 55 47% ... 109% 30 86 : 30% •31 "*55 ••109 % 85% 31% V ' 48% ; 1 ■ »■ 66% »v*65% *55/':' 7 55% 109J: 103 •'/ 17% 95 95% 103% .95 / J 67k .*16% is 6% *16% . 300 r if 6,600 .2,100 *' -I--:-' 7 67k 17 7"6% 6% *16% ' • ': 6%' ■11V* .17% *66% \ 66 % par :Jones & Laughlin Steel com—-No par 5 %. preferred series A— lOo Joy Manufacturing CoJ 95 ■' 7,400 (<•'. t 6.3/4 "• 634 ■?; 3674 v' 100 .•/ *5874 .50 % 12% *43% 19% 290 28.40(J gvk . *49'%; 40% *35 / ,13% 25,700 138 Va • 11% '12% 19% 22 Vs 100 ■ 25'% y.' 136'% ." 67k'" 7 ' 58'% J Vu 377k 106 7 •-/ 25 *105% 39'% 106 !v T 58% 59% 40% ■ > 40% 49 % _l A—100 1,500 267k 178'% - .No par 4% 2nd preferred series. / 233'% 257k 117k . : 7 7 25% *1357/8 39% 106' ' 57% *136% 3%% preferred J 100 Johns Manvijle Corp com__—No par ■'Johnson & John§on common—12% 9.600 «>» »/■ 17774 257k •7 25% 257a 'V 135% 39% *105% :-_«L-I Jewel Tea Co Inc common,—No 1.400 fv * 25% 29. • 170 /,: 4' 33% 127k 33% it 88 7 11% 33% A ;.n. 38% Co 400 / 2,600 ' par — 3,800 ■1 k 1374" 233'% 26% 178 , !'<?/ . 96 *95 v •¥ 2.400 40 137s 96% 600 5,100 18,766 397 k 13% 107 B 13 "8 ! 175 *172 39% 13% *95%. 233. 175 *172 175 40% 96% : V 8 45 68% 19% *229 ♦774 / 77k 44% *172 *7% 8 *7% 8 7% (67% ' . . 42% 68% 30 *99'% 40 V* 19% 1% 101 ■/• 300 99% 19% < : 35% *53'/2 337k 33/4 16,700 92 99% j 40 V* 87k 8% 38 : 39% 36% 397 k ■ 37% 92 / 35% 101 36'/4 36% 2.500 P 383/k 92 V 92 19% 36 Y2 (F-L) CoJ Machine Shares ; 377k 377k 3734 3674 387i 93 *99% 101 '40% *53%; 53% 44% 68% 38 93 38 y# 39% 8% 377k 38 37% 37 % 94 19V8 29 ** Jersey Cent P,wr & Lt 'A% t 103% Mar 27 Dec 54% Jun Dec -Jacobs 17% Mar 16 5 11 50% Dec 109 21 30% 56% Jan 7% Jan Sales foi the Week v , 4 92% Jan 25 14 300 ; '<•3,100 1174 3'% .i 37 k 3 , 11 % 11% 11 3% 24 24 24 15'% ■f1 '■ 2% Jun 100 ;• *14% ... 19 Va _!>0c preferred —;—I—1— 31'% 36'% *96'% 15% 37 31% 36 , *15 187/a _L„No par Island Creek Coal common— ' 8% *99% 33% 3978 26% ''26%*177% 178 International Silver common—1—25 7% preferred! 1_1 I—*25 Intertype Corp.: ■ 15 37% 8% *35% • 53% ■v >172 13% 13% / 13% International Telep & Teleg—No par 'International Utilities Corp.—1_1_5 Interstate Dept Stores—No par 31% Mar 15 15 36% 8% 10 7% ' : —_^Nopar _• ^ 40 *95% loo — International Shoe * 13% Mar 31 20% Jan 9 ■ 1 corn—No par ,_100 International Paper Co com—7.50 $4 - 15 37% 8% l87/8 ^100 — i 11,600 ;i3% v.* 10% com——5 Mining -Corp.: .—J" 5.700 4774 37% 40% 43 34 " 175 * 13 % , par preferred—' 1—No par Int'l Rys of Cent Amer.com—No par 58% Mar 21 46% Chemical Nickel of Canada 49'% 4674 *10% _No par V Mar 31 63 34 148 4% & 49 48% 37 35% 8%. 44 69 39% ' ——100 Hydro-Electric Sys class A—25 Minerals Preferred 397/8 Mar 23 '106% Jan 10 5% Feb 55% Feb 136% Aug - Int'l Machines preferred International 10 Mar 27 136 33% Jan 25 49% Jan July Int'l 24 ,104 f: Feb Feb 7% Jun Business Harvester'common-——No 1% 49% 451/2 *93 101 40 8% .33% : ; 8 v *172 No par Int'l * 4 Feb Feb v Iron— * 71 • Interlake- 16 t. 8 common,—-^_'5 Int'l 7% Mar 16 25% Mar 31 61 14 i Corp 49 48% $ per share 38% *53% 8% 33% 43% 1-1 Inc__ > 68% preferred x—— —100 Intercontinental Rubber—No par 12% Mar 28 Jun Jan v A— No par —No par : Ctfs 49% 47% Tuesday 94 ; *99% 35V8 */ ,■' 53% 8% 33% 4%.% 28% Jan 14 181 Mex, S 101 *53'% par Copper——i_'—.20 Interchemical 1 Mar 29 36 6; 40% ——100 Co Insuranshares 11 12 Nov ' 18 28 50 41 Feb *. 2% Jan 4 84, 36% 40% —5 common.,: preferred^ Inland Steel ' Oct *99% Rayon-1—————1 Inspiration Cons 96% Mar 22 13 43 38% Jun 30% Aug 5 20 * 12 Jan 6% 9 Jan 11' * 257/8 Mar 31 * Oct 7% 6 Jan 15 177% Mar 23 Dec 37% 40% • 12% Jan Indu$tria Electrica De 172 % Mar 24 6 26 - 212 Dec 103% Nov . Jan 1% Jau 25 31% Jan Jan 4% Nov Industrial 2 49% Mar. 28 37% 37% 37% *93 *35 '% Indianapolis Power & Light—No 5 Feb 49 48 LOW AND HIGH t per share 95 100 Rfc Co Terminal 97% 3 ^ . 38 *93 1000 A -Illinois 19 Jan series 4 71 „■ ! 4% ctfs 37% A__100 ser 4 9 16% Jan 16 92% Jan 31 Jan 143 stock RR 36 97% 23% Monday Mar. 27 37% *37% common-lOo pfd Illinois Power Co common—No par 4.70% preferred—'-.; -50 51% Jan 10% Mar Jan 6% Leased lines 20 Co conv 32 35% ' -20 i— Central RR non-cum Jan 4 12'/8 Mar 30 ' 34% 33% Dec 94 Jan 38 86% , 6%, 33% Mar 27 163 10 Jun Illinois ' 42% Mar 28* .180% Dec 133 V Dec Idaho Power Co- 3 66% Feb 25 Jan 13% 1 Jan *31% 36% 97% 11% 3 24 ? ' t per share ' 97/8 Jan 3 Apr 29% . *31% x97 % 13% ■ Mar. 25 300 5,200 117% x36% 14% 11% ■ 500 'a- 31% 36% 14% f 23% Saturd^v: . : 56% Jan : 7 95% Dec » » Jan 20 I 99% Mar 30 * 8% Mar 10 18% Jun 73% Jan 3% Feb 2 41% Jan Feb 39 53% Mar 30 28% Jan Dec 22% Jun 40% Mar 15 98 - 15 ' Dec 164% Jan i 8 Feb 3 ■•v i- 1174 12 2 300 34 34 ' ://ZV./f'/://■■■■■ rwzt? // •/' STOCK "•■■ ' 34 99 15 if 14% 11% 3 24 33% 36% 37% > 9% 37 ■I 36'/a 1:13% > 11 % 3 23% /::/.// f tf/T » </:?14% 33% 47 - 38 : 33 12 % *98 ,15% 15% 8% 14 11% ; —_1 EXCHANGE"" » 15 ■48%' 37% . 37V4 13% « : ' " —j— YORK -. 3774 12:50 — Refrigerator Co——No patr fv $ per share 4 ^ 1574 37% STOCKS .■ 49 Ya :.;n 47% *15% i non-cum Hussman 49% 5 NEW - 9 per 8har9 Jan 1,100 1.700 .7,500 49 98% 49% : " 49% —1 : Co Hupp.Corp 25% Mar 17 36% e234 1774 36% 3678 98% 47% i 48% 25 c— Hudson Bay Min & Sm Ltd—No par 2 , Range Since Jan. 1 • ' Highest Jan boo 11% 31% S 32 36% * 99% Manhattan common—100 Sound Hudson 11% Mar 13 t 11% *31% 37 r 34% 11V4 31% *98% & Power—No par of T 34% ; 11% <*36% —100 —+- ; 34% 11% 50 preferred Houston > preferred 34% Finance common—No par conv 3%% Jan 20 17 44% Jan 13 Lowest Nov 3,800 44% 32 17% Jan 13 37% Nov « 29 / ; $2.25 36% j 44 Household 1% Jan • Dec 9% Jun Xl45% Jan 29 447/k 10 99% Mar • • com ——No par .1 2% 17% 291/8 44% 10 $ per share Jun 1774 *28 7a Jan Highest Jan 17% 29 45 38 % Feb Year 1949 1 45 % 34 3 conu__5 ///./ // 86 % 29 44% 117k //J;' 10% 29 " 12 Range for Previous 18% 29 45 11% Houdaille-Hershey Hunt Foods Inc. Apr 29 45 9 8 Dec Jan : Jan 21 8 17% 17% 29 44% ... 500 11 14 11% Feb 12% 18 11 31% Jan 2% Jan ; 17% 14 277k 11% *11% 13% 26% 11% Mar 25 Jan May 11% Jun 18 15 277k 27 115 11% 30 18 11% "80 104 18% 72% 12 *17% *14 U4i% Co Hudson Motor Car/ 53% .11% 11% *103'% 12 165 27% 11 % 114% 15% Jan Jan 27% *14 ■ 1037k 42% Feb Jun 14% 27% . 11374 1) 55 14% 27 12 1037/s 9 33% Mar 14%: 27% ? 45 *72. 15 14% ■■/ • 29 12.50 72% *72 72% 27% 15 ;—J.10 *72 114 13% Mar 155 72% 500 11% 104 127% Jnn 8% 4,500 113% 35% Mar Jun 1,900 1374 *103 % Oct 4 20 ',4 13% *53 34 Jan 10% .53'% 19% 13% *15'% *. Electrochemical Dec 55% 72% ' 197k 13% - 14% 29% 53 Via 13% 13% 10 i__- 17% Jan 137/8 __5 Mining— 477/# Jun 13% 197/8 104 ' Sep 13% 54% *53 20% *20 ' 114 15.'' 7% 13% *54% 500 33% 36% Mar 31 21% 53 2,300 547-k ' 113% Oct 61 % 53 20% 53 20% 447k 547k *103% Dec i 53 21 44% 105 Jan Jun 53% 20% 400 45 44% 116 16 25% Jan 54% 54% *114'.. 11% 20 45% <*103% 46% < 45 54% 116 4% Jun Jun 45% 54% 104 48% Mar 25 95 45% 1,700 4,300 126'% 104 13 100 50 *125 *114 12 f 53 126 No par 46% Jan / 51 126 No par 38% Jan Jun 15'% 51 *15 53 7/8 126% $4.50 2nd pfd series A 48% May 44% Oct . 200 $4.25 preferred 9 497% Mar 16 73 30 32% 7C0 43 19 7 31% Jun 15% 157k 1041% *42% 43 53 46 *54 137% *72 32% 54% 45% *103% *32% 103% 32% *42V2 53% 46 137% 103% 15% 300 357k 126 126 126 1,700 31 98'% 357k 36 43 15% 15% 53% 53% 126 10 23 31 21 31 22% Feb v 51% 15% 54 53 3'4 125 126 *22% 33 33 *42% / *97% 21 Jan 9 per share 15% 15% 53% 531/2 23 22% Jan 35 lowest 15% *15% > *125 23 37% Feb 95% Jan Feb *31 98% 23 125 % Feb Dec Jun 32% *97% 104 99% 8% Jun *31% 98 % 12 41% Nov 33 % 0 23 32 *97% *45% Co— 1% May 10% Jun ' *22% & Sons— 8% Nov t 7,800 13 12% Jun 31% Jun • \ 5.900 7'% 72 Jan 32% Jan 13 V 109 86% Jan Feb lO'/s 7% *71 101% Jan Dec Dec 101% Dec Jun 974 7% *31% 50 preferred— conv Homestake 28% Jan 29% 107k 7% ' 5%. 11 13% Dec 35% Nov -42% 71 107k 23 —5 Holly. Sugar Corp 71 32 * 1,700 7% • ' 7 477/8 Jan Feb 30 (A) 7% 93% 43 500 6'% j 10% 10% *97% No par Corp—— 5 6 72 *71 , 10 25% *25 23 22% 1,600 148 148 25% 98% 32 21% 7; 6% 6 150 78 y8 104% 21'% 148 25% 32% 100 Paper Co Hires Co (Charles E)-- 15% Feb 6% 23 Dauch 14% Jan *147 25% 6% 1274 76% 21% 10 „ 287/# Feb 25 Mar 31 16% Jun Hotels & 148 25% 10% 7% 21% 200 34 *1047k 79% 105 1047k 32% Heyden Chemical Corp—^ 1 3%% preferred series A——100 Hinde 21% *147 12'/a 127k *78 * 25 Hewitt-Robins Inc— Hilton 800 13 79% 105 100 Hershey Chocolate com— 4%% preferred series A 4%% preferred series B * 7% 1274 :■/ 72 10% 7% 1,000 21% 25% 6% *71 :< 10% 7'a 10.000 1474 *97% ' No par common—No par preferred 72% 10% 22% 14'/2 25 : Motors 5% *71 . 227k 100 preferred Powder 127% Mar 13 6% 7% —5 common Hercules 54% Mar 13 6 62 11% W) * 23 Jan 26% Mar Nov preferred non-cum 72% 10% 7% i_15 - Hercules 3 Co—— 25% 6% *331% 147 k *78 148% 24 % 6% 3374 22% 14% *104% 22 *147 148% *147 33% 22% 14% *12% 79% 21% 33% 23 *14% 105 % 24% 9% \ 13 *78 22% /. . 23 *104% 6% 1 common— HelmeTG Mar 10 Glass *71 13 79% 105% 25 *6%' 14% 13% 22% 148% *24% • 14% *1043a 22% 2 — preferred (H J) Co common— 3.65% 337/e Mar 16 7 *147 100 14% *78 78 105% —10 Marx Industries Inc Mfg Corp_ : Hazel-Atlas 9 3 49% Jan 125 41 L.a..s. & 13% 78 *104% 22% com—No par preferred 14% i234 33% 22% 23% *33% 22% 33% 23 23% *13 * pfd—No par Refrac Schaffner Hayes Hayes Mar 23 106% Jan Mar 20 Mar 14% Mar 23 17% Aug Jun Feb 1 36% Mar 15 42% 10 33% Mar 16 98 Feb 32 Ye 105 23% Jan 34% Jan 122 % 25% Jan 93% $4.25 Co Corp of America common—1 4%% preferred—'———100 7 20% Jan A) Hat 21 6% 5Yi 6% Hart ■ (M 34 *33% 34 % 23% 14%• 14% Hamilton Watch Co com——No par 4%- conv preferred--——-:—-100 3 23- 3 *33% / Printing Co--—L——5 14% Jan 14 20% 61 25 Water Oil Well Cementlng^-5 F) 80 % Feb 76% Mar 31 Jan (W 107% Jan Jan 104 & Eackensack 6% / 6'% 15% 9574 95% 95 95 65% V\ 6% 16% 66 65% ./ 65% ; 67k 15 7 /</,/3,300 S'<. 2 •V 1 T03% 105 / 467/a 48% 47 477k A 557 k 54% 55 54 y2 54'% 109 '109 • 109 y2 *104 109 220 1.000 487k / onrt 200 fV-- 105 b 109 ' 9,100 , v'< 1,400 i", Vw 29% 297/k 287k 29% 28 7/k 297k / 851/a 8574 85 851/2 85 / 85 : 30% 307k 30% 307k 30'% 30'% 210 14,300 560 / 5,500 f'f./'■''.7; ' 8% Jun 94% Jan 100% Feb *34% Feb 12% Jan 102 Aug 105% Nov 9 Mar 24 11% Jan 98% Jan 25 104% Jan 102 46% Jan 12 59 % Jan 26 14% July 10% Jun 17% Nov 16 Yt Jan 3 14% Jan 17% Jun Xl3% Jun 23% Dec For footnotes see page Mar 23 . 64 ' Feb 16 19 Mar 13% Jan 20% Jan 13 22 16% Jan 18% Jan 20. , 57% Mar 25 Dec Dec 12 Mar 24 107% Mar 14 49% 62% 19% Dec 10 9 Jan 62 i/.v './-■// K 30 ' 6 9 Mar 16 9 4% .10 102 preferred i_> 100 City Southern "com__No par TO" (Julius) & Kelsey Hayes Wheel Class B : '56 102 ;o% . V 9%. , *9y8 *101% 102% 102 9% *107 108% r, *61% 18* 57V2 >1 62y2i ■i 102 9 9% 9% 9'% 9% 9'% *101 »/2 10274 ♦101% 10274 *101'% 107% 107'% 108'% *107 108% *107 56 Y* 57 y8 56 56 55% .,56 *6174 627k 61% 62 *60% 63 18 y8 17% . - 108% ;*107 i 54 ■ <■ 1,100 lit.. : 6i% 53'% •6i% *61'% 63 A 18Vk 177« 12% 12y4 12% 12% 127k 12 y8 127k 12% 121/4 12'% 12% *21% 217k 21% 21% 21% 2iy2 21i% 21'% 21% 217k 21 21 1 17% 17% 17 V* 177 k 17ys 17% "17% 17'% 177k 177k 17 1774 r 17 y2 1774 17% 17i% 17 Yt 10 54 7e *12Va 177k 60 '108'% < 56 v__—5 • ,* 10274 > class A—1 Co— conv 9% '.■/ ■■ ■Jr-:" 100 4% ; non-cum preferred— lOo Kansas power & Light .Co com—8.75 Kayser 9'% - cum Kansas . *? •• Kalamazoo Stove & Furniture Kansas City Power & Lt Co— 3.80% preferred I— 177k 7.4D0 - 300 7.600 2,200 6 10 3,100 Volume ,171 Number 4895 THE COMMERCIAL NEW Range for Previous $ per Range Since Jan. 1 40 Jun Jun ll% Feb 17% Jun ' Jun 107% Dec juri 90 Dec 16% ! ' 55 Jan 30 1 47% Feb 8 3 20% Mar 19 24' Jan 106 13 .Jan 4 15% Jan 25% . , Mar: .'72% Dec * Jun 43 Jan 98 120% ,Mar 27 14 13 43 4 Jan 93% Jan . 60% , . . 6 31% Mar 2 96 ■ 2 Mar 42% Jan .62 16 t per share No par 50% Co—J., 5 preferred $ per 50% 50% 46% 46 19% 46% 45% 46 ,45% 20% 19% 20% .20% ) 19% 19% 29% 29% 29% 119% 119% 119% "17 > 17% 17% 120% 17% 70% 70% 70% <70% 29% 29% 29% ■ 30 50% Friday 50% "10 y*. 70 29% ,45% 45% * 20% 20 20% 7,200 28% 29 7.600 55% 55 Va 55% % 65 y4 *64% 42% 42 "54% 55% 55 55 65% 64% 65% 64 95 29 % "94% 95 ' 630 117 117 17% 17% 300 70'A 70 Va ' 70 ¥2 380 28% 6,400 29% 28% -"94% 95 % *94% 95% 60 41% "*55% 42 56 64% 41'/a 41% 3,300 55% 63% 55% 600 63% 1,600 28% - >" , J 65 . 17% •70% 95: .95 * 29 y4 118 100 "16% 29% ',42 % 55% 41% 65 29 Vs 41% "94% .28% "115 f 17% 70% ,41% 41% 95 • 23,600 ,45% ■ 29% 119 ,42 y4 29% "94% r___— Kresge ( S S) Co Kress (S H) & Qo— . "16% ,70% 17% Shares 50% 49% 45% 20 46 .20% 118% 120 Sales for the Week Sper share share ,49% 51 ,28% 29% 29'% 119 "16% No par .Kroger Co (The),..———No par y65% Mar 20 share 50% 10 j $ per t per. share 50 Ya 100 6 ' Jan 15 •,Mar .81 Thursday •Mar. 30 Mar. 20 Mar. 2.8 S per share 50% "*46 No par „ ;4% "J .Wednesday Tuesday Mar. 37 1 Kimberly-Clarke .Corp com.,—No par 4% .conv 2nd preferred _100 Kinney (G R) Cq commons ...tl s$5 prior preferred,. ——No .par Kojppers Co Inc common ___10 " 20 59% Jan Dec ; 71% Feb 27 Feb 55 62%..Dec 17% Mar 31 9 40% Jan Dec . Jan 28% Jan Jan " ' Feb f * 31% 90% Aug x35% Feb 48% Dec- ' Monday Mar. 25 Far Keystone "Steel Ss Wire Co ,Mar 27 30 18 69% ■ Kennecott Copper Kern County Land (1367) LOW AND HIGH SALE PRICES f * 10% 62 CHRONICLE RECORD Saturday • share 15% Jan Jan 25% $ per 45% Mar 16% Nov 56% STOCK STOCK EXCHANGE > 49% Mar 30 .-•48% Nov • NEW YORK Highest 4 per share ( per share 39 * Lowest Highest share YORK FINANCIAL STOCKS Year 1949 Lowest & 64% * 4% Jan 3% Jun 17% Jan 22% 9% Jun 11% 43 Jajn Oct 6% Feb 15 Jan 3% Feb \20% Mar 21 10% Mar 20 Dec Oct 47 .46 3 ,4% Jan 22% Feb 12 y4 Jap . 12 Jap 25 47% Jan 25 Jan 22% Jan 19 26% Mar 27 >,407/b Jan 25 20 Jan 3 Jun . 22% Jan 98 Juri Jan 94 May Jan 11% 3% Jun Jun Jun 24% Jan 4% Jun 8% Jan 56% Dec x41% Feb Feb 44% Jan ,26% Jan ,• 13 30 11% Jan 3 35% Feb 8 .37 y8 Jan 27 89 % Jan , 8% Mar / 170 Jun Jun. / Jgn 13% Juri 65y2 ; ,17% Jan .'*60 ; 15 y4 JUtt 153 13 Dec Jan 75 9 81Mar 22 29%iFeb . 81 13 22% Jan 6 Dec 25% Jan 27 Dec 167% Mar 10 30% Jan 11 174 32 Dec 34 >/*; Jan 25% 6 Mar 16 28 41% Jan 27 18y8 Jan' 172% Jan 31% May* > 13 7 21% Jan 25% Oct • 15 31% Jan 15 y2 Mar 31 25%-Mar 6 Mar 4 Jan 19 35% Mar 21 .22.% Mar 24 40%:Mar 3 4 20% Jun 27% Jan 28 95 Jan 100 Oct 97% Feb 17 99%Jan 5 Jun 21% Mar 18ys Feb 23 20%. Jan 18 >■; 15 Sep Co Rubber Lees (James) , 1st non-cum preferred—No 50c non-cum 2nd pfd_ Lehman Corp (The) No ,• 10?i 46 46 26% 26% 25 "48 48% 5% par l 48% 5% 1% 5% _No par iLibbey Owens Ford Glass—No par iLibby McNeill &'Libby _7 1% 16 ¥t 5% 5% 5% 53/8 *5% 5»/a *5% 56% ;57% 56% 563/4 56'A 56% 9% 56% 9% 56% .9% 9% 95/8 9% 95/a 10 22 y8 22 66 • . V ' ,7% 7% 36y2 36 y8 ,36% 36% 3-6 y4 36% "88 88y2 88% 87% 87% 4l85l/2 185 87% 185 y2 88 "185 88% 184% 185% 185% 185% 51 49% 49 ¥2 '■«% •8% 66% *49 31 30% 18% • 31 18% 19 ,V 8l/8 8% 647/a 8l/2 ,65% 64% • ' 7% 35% *35% 36% 87 87% 4,400 6,400 8,700 66 Va 73/4 87% % 30 18% .*79% v 500 16%- 16% 79% *25 78% 78% 78% •27%' 16% 79 25% ,25% ■25% 25% *27% 27% 27% 27% *168: 168% 35 V2 *62% 633/4 63% 900 29'/a 30>/2 30 3oya 19 183/4 19 18% 183/4- 7,000 .4,200 81% 80 80 273/a 16% 79 y4 24% 26% 27% 15 Va 16 35% 38% 38% 38%* 38 ya 22% : 22% 26% : ' 78% 79 15%- 783/4 25% . 23%- 38% , 23 223?4 23 ; 98 99 18% 18% f 18% *■ 18'! ■ 35 ¥* 1683/4 35% 38Y4 38 y8 23 ¥2 •*973/4 23% *973/4 99 18 y4 10% 18% 2,300 / 3,900 5,500 24 27% 233/a ■■ 300 11,400 31,800 78% 27% 35% 18% 0 78% 24 38 ¥0 38% 'j 38% 233% ;23% '*97% 98 L ? 19 *97% *18% *62% 27% 273/4 * 168 ¥a 169 27% 8% 8 81/4 -*80 ; 16 y4 ' 98 , i >. 168% .168% 35% x35% 22% , , 8 27% 24% 27% ; 99 *97y2 *18% , 35% 353% : 38% 37% 16 y8 r - 82 '*80 r$2 .27% 168% 168% 168% *35 1,400 19,200 49% 30 y2 27% 35 % 300 187 ;8% 64% 18% 79% 27% 168 48% 63% 79% , 50 51 X30y4 64% 30% :i9 .■ 37%. 16% 187 '49% 3,400 *49% 82 27 *185% 87% 187 ; :;«7% 1 27% 16% 79% 25y8 16l/a 10 22 65% 3,500 1,800 ' 66 1 , 73/4 500 . : *49 Lone Star Cement Corp...—No par ; ?Long Bell Lumber (Md) A—No par Lorillard (P) Co common ...__10 22 7% 35% ,7% 36% .No par 22 y4 66 66 y4 <73/4 53/a. 66y8 x22 06 ¥2 22% 65% • 2 7% 22% 22 y4 22% ; 7% preferred—— 100 Louisville Gas & Blec Co (Ky) No par Louisville &' Nashvi)le ^.-.50 Lowenstein (M) & Sons Iric com..l ; 4%% preferred' series A ..300 1% 93/4 7% 18% *79% 27y2 Co. • 66% r66 30% Steel 2 22% —No par No par Lukens 5% 1% 57 " 735% 90 5»/b 1% 16 ya 10 '.7' 1,200 7,800 1,400 14,200 5,400 1,800 47% 16% 56% • 5% 53/4 53/a y4 8 16 y8 Liquid-Carbonic Corp com—No par > 3%% convertible preferred 100 Lockheed Aircraft Corp— _1 Loew's Inc 57/a 47% 700 99% l7/e 51 — 473/4 73/4 16% ' 18% Belti Co——l— Oil Co— 48% 65% 5 Liggett & Myers Tobacco com 25 ; 7% preferred _100 Lily Tulip .Cup Corp_ .No par Lima-Hamilton Corp _5 Lion 48 »/2 77/8 "'".v. Link 48% 21 21 *98V4 - l7/a 10%^ 65% 7% 473/4 7% 16% 57% < 46»/a 21»% 99%. 73/4 ;7«/8 5% ' 21 99% •.73/4 20 1,300 46% 17% ■ 22 tLerner Stores Corp__„ 46®A 213/4 100 400 4,600 2,000 „ 26 ^ 5% 5%> *5% 56% 46% 25% 46% 16% "10 , *45% 26 1% ' 17 5% par 46% 26 5% •1V8 17 17 % 103/4 *45'/a ,75% " . 10®A 10% 47% 213/4 •*99 100 7% 48% 28,100 4»/4 21% 21% 26 47 -4-7% 213% 21% *99 7% 48 57/a 1% "17 par *46% 21% 7 21% 103/8 , •46 ¥2 26 26 4 21% 10% 10% *453^ 4 - 22 22 46 y2 y2 26 100 7% 7% •* 45 46% 21% *99 100 7% 4 46% 47% 21% "99 ^5 ^Life Savers Corp_ 10% 47' "21 y8 1 ?Lehn & Fink Products— 10% 6% i*3% " 4y8 :4% 22% *10% 7 4 .6% 7% 6% 7% -.4%, 22 y4 26y2 "46%. \ & Sons Co common__3 7 *4 22% "46 cumulative preferred—100 Lehigh'Coal & Navigation Co— 10 ' 4y» 22% "25% 3.85% $3 7% *4 10% 1 ;Lehigh Portland - Cements— Lehigh Valley RR_— No Lehigh Valley Coal com 7% '' •10% i5 ; 7 4»/4 22% 50 ^ Tire__ & 7 *4 21% < No par ...No par -t ' 66% Jan. 11 2 Jan • • ^3 9%rFeb 3 73 18 9 .52 % Feb : j 2 28y. Feb 27 23% Jan '. ' 2 Mar 31 187 Jan 11 Jan 17 27% Jun Jan 23% - „ ;17y» Jan Jan 76 ».Jan 60% Mar - ,25% Dec >18% Aug *19y® Jan , 83 ■x7% Mar 29 Dec 78 Feb 14% ,;45 ; Jun 16% 182 x671 Dec 33% Oct , 19 , Sep 186- Jun 52% : 49 Dec 10% Jan Feb* 33 x6% 9 66% Mar 29 1 7% Jan Oct 91% 10 24 y8 Jan 61% Mar '• Apr 4 10 (The).. preferred 4%% tLee 30 x57% Mar 23 21% Mar 10 - 37% July 72% Mar Jan 6% Jan 9% Mar 29 8% Mar ,34% Jjun 6 7 2% Jan 21 4 54 10 50% Jap 3 5% Jan Sep Dec 64 • Jun 6 ya Jan Co Lane-Wells 9 99% Mar 23 16% Mar 30 Dec 7 23% Jan 24 1% Jan Jan 11% 20 y« 6% Jan 3 Juri 8% .5% Jan 47% Mar 7% Jan 3 ,.44% Jan 27 4% Jan 3 49% .Dec 1% Y15 . Lane Bryant common™ Dec 33% Jun . 9 26% 6% ^4 ■. 75 Pesos Mex Lambert 45% 16% • /Laclede Gas Light Co jLa Consolid 6% pfd 6 Juri 90 »/a • 7% Jan. 11 VJari 19% 37 ' 8 6 470 169 2,300 3,200 3,600 35% 38% 23% 10 99 183/4 800 t " Range for Previous STOCKS Year 1949 Lowest, Lowest Highest f per share Range Spuce Jan.,1 : $ per 9 per share Highest share . NEW v ' r YORK LOW -AND HIGH SALE PRICES Tuesday > ; Wednesday , STOCK EXCHANGE Saturday i per share Monday Mar. 25 , . Par Mar. 28 Mar. 27 $ per share ,<t per share - share per f $ per share - Friday Sales for Mar. 31 theWeek Thursday Mar. 30 ,Mar. 29 r 9 per share 9, per share . ... Shares M 9% Jun 14% 42 Jan 9% 27% Jim Jun 95% * 7 525 Feb 18% 9 10% 10% Jan 3 -Feb 4 6% Jan 25 7 Dec 25 8% Dee Feb Jan Dec 23% Jan Dec 102% Jan 11 9 9 Jan 7 9% Jan 11 19 Vb Feb 23 8% Jan 11 9% Jan 12Apr 10 % 13% Jan 39% Jun' 59 Dec ,11% Jun 19% Jan 11 . . Jan Mar 23 106 •4%% preferred series AMadison Square Garden. 15% Mar 16 Cppper Magnavox Co (The) Mahoning Coal RR Co. Manati Sugar Coi_. Mandel Bros—— 3 9 Master 48 Dec 47 y2 Jan 13 55 Mar 22 179 Aug 179 30 50 Feb 9 89 Jan 98% Dec 98 y4 Jan 18 100 Jan 12 89 Jan*-, 98 ?Dec ,1 97% Jan 4 100 Jan 30 80 Feb; 88 »Dec 87 90 Feb 18 12% Dec Jan 11% Jan 10 Jun 3 15 Mar 16 Dec 42 y4 Jan 13 52 Mar 28 3 112 110 Jan. 113 Sep 110% Mar 25 Jan 21% Feb Jan 20 7% • 90 27 McCord 42 28 Mar 22 Dec 100 33% Mar 24 Dec 36% Jan 23 y4 Feb 40 30% Mar. McCall 100y2 Mar 11 29 y8 Jun 45% Dec 43% Jan 27 24 f Feb 34 Apr 30% Jan >36 58 Dec 38% Jan Dec 99% Jan 25 Dec 23% Jan 23 17% Mar 13% Jan 3 102% 25 Jun 12% July 17 y8 Jan 93% Nov 82 Jan 28% Jun 34% Oct Jan1 27 Dec 25 7% 13% Jan 11 Jan 42 Mar' 27 1 Apr . 6% Jan 43% . D6c 16 7% Feb 7 39% Jan: 13 i-Dec 96 120 99 Mar.21 Jan Mar 29 103 17 Jan 24 Mar-22 9 12 Jan 16 Mar 17 7% Jan -43% Feb - , 3 3 Jan 18 129% Feb 3 98 25 25% Feb 37% Feb 18 101% Feb 21 105% Jan 20 110% Feb 107% Mar 31 109% Jan 9 Jrinl '14% Jan 8% 37% Jun". -14% Jun > 18% Jun 124% July 10% Aug 7% •' 43% Jun. Feb 23%.Jan 40 - . Dec -Oct 48 18% pec . ? 34 ;Dec 139% Mar 12% Jan 12 Jan 63% Nov Mar 101 Nov 66% Juri 101 Dec Jari: .108 Dec -87 104 ! x20% Jan 13 Jan 11% Jan 4 96% Feb 106 Mar 15 1 74% Feb 27 105% Mar 23 101 Jan 10 108 y8 Jan 5 , 10% Jun 11% Mar 31 15% Jan\9 67% Jun 80 jFeb 72% Mar 30 61 16y4 Jun 22% Nov 18% Mar 29 32% Mar ,14% Jan For footnotes see page 20. , 9 Jan ,6 543/4 54% j ., *177' 99 V* 99 99V2 89 179 *177 49% 493/4 14% 1,200 51% 6,000 , *110i" 110% *110JS 110% 22% 22% 22% *15J/4 • *7% 50% I 40y2 . *95 ya :, " 122 * 23 41 *104 4 ; — 5: (• 31V2 53 105 , 22% Jan 10 $5.50 1st preferred 100 $1.50 2nd conv preferred—_—25 * 76 % *18% 34% Mar 20 Minnesota Power &. Light Co.No par 33% 14% 18% - 103 21% 40% 100 33% 33% 4,100 102% 102% 610 15% 7% 48% *48% 483/4 343/4 1,700 34 ¥s 343/4 53 53 52% 53 393/4 103 * 39% 393/4 40% 1,800 2,600 t 17% 17 88% <?87% 37»A *35% 25% *35% 253/4 26 11% 43% 15% .-*7% 41 . 42% 12% 10 70 70% 105 105% 100 100 107% 12% 12% 76% -76% 104% 19% 31% 9% *134 19 18% 18% 33% 33% ,tt7% 26 ny4 43% 60 15%. 15 %i 2,100 ♦7% 73/4 73A ,400 4iy* 2,800 40% •*95 18% 33% 41% 2,000 1043/4 107% 70 13% 42% 13% 13% 13 y4 \M¥* 19% 19% 313/4 32 y» 135 '69% 323/4 1,300 104% 105 ;i8% 41 "190 23% 107% *134 • 12% 9% 106% 12% -75% 18% 33 100 31 Va 31% *134 2,700 407/» 19%,. 19% . • 12% 123/8 135 :12% 9% *9ya 9% 71 105 .100% 170 1,500 7.100 27,400 3,600 403/4 20 32% 135 ,12% 18% 33% 23 109% .9% 74 100 97 '122 41% 104% 12% 1 ♦95 *121 41 107% 107 % 12 I2yft 72% 73% 12% 40% 41% 97 106% 76 *7y2 •121% 122 23% 233/4 *106% 107% 12% 4,100 2,900 nyu 105 76 80 100 25% 43 y» ; 70 101 . 37 153/4 70% 100% 2,100 88 113/4- 105% ♦993/4 101' 69% 70 105% 105% 8a *35% 25% 37 *107 ¥2 9% 4 33% 17% 17 %k 89% *104 .12% ;9% 300 41% <11'/4 19% 1,200 14 43% 133/., 32 -133% .133% 12% 12% 23% 25 *13% 104% '108% 108% 43 19% : 41 41 32 32 23% 23% 104%. 104% *24% 133/4 15% : 41V* 96 ,124 300 103% 25 11%- 73/4 41 *102 102% 200 ■43%. 11% 43% •>15% 96 20 24% 133/4 17% *122 135% 135% Xl02% 88% 96 *23 34 102% 48 y4 124 •43% 42% *102 34% 403/4. *41% 109% ,V fc*108% 109% 13% 133/a 133% 13% 33% 33% 102% 52% 11% *108% •106% 21 *40 50 ¥* <44 104% 105 21% 40% 23%:; 23% 34% 253/4 *104 93/4 23% 21% .*39% *95 41 2,300 2,300 23% V 22 •*122 23% 40% 110% ,40% 96 23% 700 51 52% • 38 15% .7% 41% *110iS 235/a 124 •*94% 12% 110%- ' *50 49% 89% .*43% 7% 19% 51 *34% 103 18 11% 12% 44 15% 31% 51 14% 25% *121" 3iy2 52 25>/4 25% 40% 4i 97 2.100 *13% 253/a 122 23 V2 41 104% 109 Va 13% 43 Va -; 19%- 180 14»/b *24% *35% *7%. 88% 14% 14 37% 15% ,88% 143/4 25 *88% 89 ll'/a- 333/4 *102 140 99 89 14% *88% 89 14 *17% .18% *43% 21»/a *39% *98 99 ¥* 210 .14% 25 , ,37%; s 23% 40 *102% 25 89 8 77 *393/8 *11042 98% 99 y4 5,700 " 39% 51 34% 52% 52% 102% 24% *14" 15% 100 100 *106% 107y4 12y4 12% 50% 403/4 102% 102% '*34% 53 39% 53 41 .100 .100 33% 52 34% *33% 34% *51 40 Va 333/4 *102 101%. 101% 52 • *983/4 22% 213/4 33% 102 25% 11% 443*4 98% *88% 143/4 14j/2 18 % 89l/a 38% 26 12 Ye 45 49% t 14% : 50 181 98% 88% 52 *178 49% 98% 14% ,50 513/4 181 98% 88% 51% *178 98% 983/4 147/a 48% 54 179 99 % .88% 513/4 23 *37'/4 • . pfd.100 Mlnneapolis-Moline Co common—.1 900 v4 493/4 99% 14% 110% 18 y2 —„—5 par 58% 14 49% 99 51% 25 No 58s/8 14% 49% 883/a 103 i—...Nopar' —... 59 49% ' 99% , $4 preferred 11 % 99 • ;99 % 99% 14% *14 179 ^ -49% / 52 *88 52% 54% 54 179 49 ¥2 25 Minn ;Min. &-Mfg common—.No par 14 11% 59 53 *40% _3% v pfd series A 13% 11% il4s/« *102 2nd conv 14 ya 11% 14% 49% 90 18,100 3,300 13% 59% 54% 9% 11% 14% 179 30 ,14% 59% 51% preferred.—.No par Merritt-Chapman & Scott—NO par * 3.20% 14 ,14% 143/4 14% Jan 10 14% 59% 3 Jan *11% 11% jt*134 135y2 Minneap & St Louis Ry. ;JJo par 127/u 12% ■ Minn .St P & SS Marie ..No par9% 9% Minn^Honeywell Regul. common...3 *70 70%' Jan 15 11% 14% Midland .Steel Prod common.— 61 105 Va 59% 7 99 6,100 *104% 1043/4 14% 7 17 580 26% 593/4 3 11,% Feb 21 9,300 18% 263/4 9 9% 14% 20% Mar 9% Mar 22 9% *18% 28% <1043/4 105 *104;; 14% 9% 593/4 33% Merch & .Min'Transp Co—_ JIo par Merck & Co Inc common. -50c ,8% 1st, preferred 2,000 1043/4 22% 4 10 _Nopar — 3,800 1043/4 106 105 32% Mar 3 13 9 500 7% 273/4 27 139% Mar 17% Jan 15% Mar 43% Mar 24 17% 7% 27% . ' 9'% 18% 1 Machine Co. *16% 7% 28% 15 "110JS *4%% preferred (1st series) 100 • 4% 2nd preferred (1st series) —50*'•Melville Shoe Corp 1 Mengel Co (The) common 1 57o convertible 1st preferred.—<0 . 16% 7»/4 28% 18% No par Metropolitan. Edison 3.90 % r 4^5% .preferred, series— Miami Copper ■:16% :■;<• 26% *34 Mesta 75/a 18% 0 3 28% Jan J an 1 16% 27% —.100 > *108l/a 5 ;,:,<*13% Mid-Continent Petroleum 10. ; 43 y4 Middle South Utilities Inc..-No par • f 19% 38% Feb 23 131 . 43y8 Mar 17 1,100 27 McGraw-Hill conv 7% 27 333/0 $4 1,500 *7% 27; 33% >$3.50 preferred 7»/a 7% 27% 102 Mercantile Stores Co Inc 570 7% i 26% common—1 convertible preferred.__ 100 McGraw Electric Co'. .1 common 18% 73/8 18% 570 18% 21% Corp 28% 9% *39% Mead 7% 8 15 173/4 60 *14% "51% 15 *525 • 183/a:' 21% Co 8,300 1,700 64,800 18% 40% $4 preferred .16%. 7% 28%; 28% 213% v 300 12% A)-; '9,% 29 *39% McLellan-Stores 1023/4 *12 93/8 99V2 "88% , *102 11% 15% 18% *99 5 18:, 102% 7% ■ ny2 49 V2 No par 7,100 ' 8 11% 54% 3%% 30®/a 7»/a 17% ■ *525 570 11 *177 McCrory Stores Corp 29 Va 9% 40y4 McKesson & Bobbins Inc com 15 : 10,700 18% 21% Mclntyxe Porcupine Mines 103/4 .. 20 12% 11% 283'4 40 Publishing 8 ... 17% 7% 103/4 ,16 187/a 500 40% 140 ll»/a - *73/4 V/<; 8% 17% 21% „ -J *525 *102 102% 59% No par 3 common 18 ; 18% *8 —_50 Corp * 1,800 13 40% 5 *138 3oya *. 29s/a *14y2 Corp—No par -100 Preferred : ,16 16 ,11% 9y4 18% 27% *11 __— Corp ' 550 7% .. 10 % * 41 141 *138 29y4 "105% 107 . 14% 15 -1 McQuay Norris Mfg Co Dec V July> Jun". Chemical 9 104% 30% —100 —.1 .—No par No par Co 10 17% VM.; '102% 102% • 550 73/4 27J/8 - 16- 183/a 7% 9 .97'% Jan105% ,;18 ,*17% 7% Jan 16 10 vh 18 y4 26% Jan 44 14% Jan 130% Dec 90Jari 105% May 10 12% Mar 15 Jan 15% July 42% Feb 27% Jan Jan 49 Jun; 7% V Jun Jun 12% 3 38 Feb 34% 1 Jan *91 32% Jan 20% Mar 18% Mar 22 14% Jan 70y8 May 18 52% Mar 16 14 52 y8 Mar 31 13 3 103% Jan 41% 92% May 19% Feb ~xl3 '36% Mar 60% Nov 41% Jan 30% Jan Feb v; 7% 7% *28% 9'/4 *18% preferred 24% Mar 17 16 102% 7 isy4 Dept Stores common 20% Mar 11 19% Mar 570 . I—— ; 5. $3.75 preferred —Nopar $3.75 cum pfd 1947 series.. No par $3;40 cumulative pfd .No par Maytag Co common No par $3 preferred .——No par $6 1st cum preference .No par May 30% 9'/s Exploration —No par Electric CO— Mathieson 30 8% Martin-Parry Corp Corp.. Mar 29 Dec 1175 Feb 46% Jan 3 49 U% 30% 16 y4 8% Masonite 16 y2 Jan • 8% preferred (Glenn L) 63% Feb ■>: Jun 45 4V*% 12% 12 *40 ¥2 403/4 13 12% 12% 141 173/4.,.-18% *550 5 , ... Martin x403/4 *136% '30 103% 95« *16 12 % 12% 12% 41 h3/4 12% 30% *8% Manhattan Shirt Maracaibo Oil • * 103 ¥2 » , Magma 11 Feb May* 30% 100 *102 4 103% No par 10 10 10 16 16 —1':ix 17% 18% 50 *550 570 ; 1 *77/8 8 • 13% Jan 38 30 11% 31 Marshall Field & Co com„„No par 170 7% 12 y4 *30% 10 19 13 14% Mar 31 5 No par Inc.— Co Inc com 139 139 - 12% 40% 139,; 139 12% 41% *41 139 5 x9% Mar 15 12% 12 y2 41% *41 *i38y2 12% Jan 31% Mar 11 V Mar 27 56 Trucks 12 y2 1 100 5 —1 Marathon Corp 6.25 Marine Midland Corp.. ^.5 Market St Ry 67e> prior pfd—100 . 13 Jun Feb (R H) 5 common__l0 27% Feb , 3 7% 34% July Feb Jan v 25 104 Jap, 20 4 24% Apr 3 18% Jan , 9 550 t 3 8% Jan Oct 20 17% Jan 14 18% Jan 12% Mar 31 17 7% Jan Apr Jun 16% Mar 105 •; Mar 30 Working Co preferred Macy 530 Dec Feb 17% ; 17 16% Mar 30 Jun 95% Jan 7% Mar 30 6% 19% 14 Dec 15% M Wood MacAndrews & Forbes 32% Jan 9% Mar 27 Jan Dec 11 Mar 27 M & 6r/o Mack 15 9%>Aug Mar; 41% Mar 24 139 102% Mar 28 > Jan 19% Jun 6% Jan 6 11% Mar 31 Dec < 20 13% Mar „• 29% Mar 31 Jan 13 Jun . 3 104 y4 Jan 5 430 3 135% Mar 33% Jun -.... 38% Jan Oct 11%, Feb 28 ;15% Jan 8% July. .10% Dec 139 31% Apr 131 Oct 7d 70y» 105% 105% 100 *107 113/4. 12 7,100 ,19Ve 19 ¥b t*183A 33'/a 32% 740 1,100 *72% 32% 20 1,600 4,000 :100 107ya 72% *183/4 / 33 *50 530 400 6,600 16 (1368) THE / COMMERCIAL NEW fsr Frevis*a ■ 38% 7Va Oct i 0% Jan 6;. Jan r 4% Jan 21% Jan 3 12% 26% Not '45% Jan 57% Dec 101% Jun 113 Jun Jan ll%Jan : i 13 4 Mojud 120% Mar 22 4 117% Mar 16 112% Jan 12% JanNj» 13% Feb 21% Mar 31 11 20% Jan 18 23% Jan 26% Jan 3 16% 26% Jun 27% 23% Dec Dec Dec Feb 3 Motorola Inc 3 32 Motor 3 Mar 23 Products 15% 11% 23% Jan 18 Jun 17% Jan 13% Mar 25 17% Jan 7 Jun Mueller Brass 14% Jan 12% Jan 13 15% Mar 4 Mullins 11 Mfg Jan 50% Dec 9 Dec 38% 108% Oct 10 Feb 9% Feb Jun 15% 30% Mar 51 July 110% Jan 10% Jan 12 52% Mar 3 113 15 Jan 13 17% Feb 24 13 40% Feb 24 4J 13 45% Feb Jan 4% 10 59% 58% 59y. 52,400 1,600 11% •11% 11% 600 26% 26% 26% 263A 1,300 58% 59% 59 59% 11,500 *11'/a 27 58% 593/. X 119 Y* 1173/4 118 1183/4 119 'A 118% 120% 115% 115 115 115 115 115 115 12 3A 12% 123A 12% 22% 23 3A 22% 22% 57 57% 553/. 12% 12% 22% 21% 22% 543A 56 14 56%, 55 553A 54 119% 13% 13% 13% 13% 143/. 14 19% 19 19 *18% 19% 18 18% 403A 38'/. 400 12% 21% >22 14% 19% 2,150 115 12% 54% 13% 19% 13% 118% •113 13 x22'/a 77,200 9'A 12 123/4 > 29% 30'/a 27 Y 31,900 8% 118 aA 23% *19 28% 31 115% 13 7,800 6% *30'/. 9% 30% *11% 8,900 11 : 5% 29% 8% 31 118% 54'A 5,400 X 15,800 54% 12,800 14 V. 143/8 18% 19 40% 39 403A • 10,600 700 38% 40% 38% 41% 39% 41% x39 Y* 31% 31% 31'A 31% 30 % 31% 303A 31 29 30 % 29'/a 29% 24- 24 22-/4 23 23 23'A 23 23 1,400 13% 14% 14 14 13% 14 14 14'A 3,300 15'/. 153/. 14% 15 14% 15 5 23% 23% 23 2A 1 13% 14% 13% 14 1 14% 15'/a 15'/. 15% preferred (F E) & Myers 27% Co - 5 *9% 10 *93/4 10 y. 10 51% 51% 50 51 49% 49% 113% *112 •112 100 16% 10 com 16% 113% *112 16% 16% 37% 373/4 *37 37% *37'/4 45% •44% 45% *44'A 16% 38 *44 V* 45% 3,700 17,900 9% 93/4 600 50% 1,100 112% 50 Ill 112 42,400 *45% 112'A 1,560 9% 50 112 50% 112 163/4 50 93/4 10 50'A 113% 16% 15% 9% No par Bros 15 10 1 common preferred Murray Corp of America 36% Jan 27 28 9% 10% ■ Ya par No 4%% Dec Jan 27% Corp Munsingwear Inc Murphy Co (g C) 7 Mar 17 Oct 39 41 3 49% Jan 13 112% Mar 27 y. 6 Week; Shares 53% ,,54 11 5% the 3 x9% 21% Jan 11% 10% 303/. 9% 31 Mar. 31 55% 53 6% Sales fcr Friday " ^ f per thare 9 per share 11 \ •'>- - 29% 10% > 115% < 23% 5 (John) & Co 41% Mar 27 11% 58 Ya 13 No par Corp Motor Wheel Corp Jun •115 No p«r 6 Jan Jun No par 5 No par 15% Feb 18 (The) < 118% No par Co Morrell 13 23 12 * * ' 563A 6 29% 59 59 10% 6% 31 y. 27% 5 •';'■ 93A 8% 31 " " Mar. 36 - short 56 11 29 9% *11% com 57% 6 31 11% Montgomery Ward & Co Moore-McCormiCk Lines 13% Jan Jun 14 Co 9 per u 31% 11% •27 Mar. 29 56% ;■■■■ * ; - .Wednesday- /''^Thursday i . » per share 30%' 28% 8% 31% 69 Jan 59% Mar 13% Dec 54 10% 29% 8'A Montana Power Co 16% Mar 30 28% •31% 23% Mar 25 jLn 6% No par $3.25 conv pfd series A $4 conv pfd series B Montana-Dakota Utilities 3 47% Jan Chemical 11% 5% • > 1.25 Machine Tool Monsanto 57% 10% 6% 20 Carpet Mills Hosiery Co Inc Monarch 56 11 6 7% preferred series A 100 tMissouri Pac RR 5% conv pfd.100 Mohawk 27% Mar 20 60% Feb 3 56% No par com X 9 9 per share * 56 '/4 -10 Mo-Kan-Texas RR 10% Mar 20 ,,35 Jan 12% Mar 110% Jan 13 i Dec 9 per thare ' v Development Co 13 54% Jan e Dec 14% Mission 6% Mar 27 24% Jan 13 . 114%' Dec 103 % 11% Mar 24 Tuesday Mar. 28 10% Corp 3 3 30% Mar 30 Dec Jan Mission 4% Feb 10 Jan 21% 57% Mar 27 LOW ANO HIGH BAL* PRICES ' >y.|V Mssiajr Mar. 27 Mar. 25 Par 30% Mar 29 5% Aug 35 Jun ' ^ Monday, April 3, 1950 - RECORD Satarday a 9 per eharm - 46% Jan 29 v 25% Mar 3% Aug Jun STOCK york stock exchange Jan , 25 new , 10% Jun Jun 10 9 per ehara < A Wgfetcst •/'•-»* . 54% Jun 3Vi» - ttauf Bimoa Jau. 1 Lowest > $ per share ■ Jun 15% 9 ..a i.v Highest # per share YORK '> CHRONICLE stocks •Ye* r 1949 Lowest FINANCIAL & ' 17% 17 17% 22,100 39% 38'A 38% 38 38'A 3,900 45 37 Ya •44 Y* 443/. 44% *45 45% 100 18'A 59,500 17'/. 17% N 10% Jun 17% Dec 22 Jun 32% Dec 17% Jun 24% Dec Jan ''9% Apr 5 , Mar 9 Jan 3 Jan > 13 Jan 3 9% Jun 18 Dec 10% Jun 13% Dec 41 Aug Dec 25% Feb 4% 185% 30% Sep Jun 36% 5% Jun Jun 9% Jun Feb 13% Feb 17% Jun 7% , Not Jun 169% Jan 183 152% 19% Jun 19% Jan 73% 4 Jan 3 11 <100% Mar 10 3 Jan 184 4 Mar 20 Not Jan Jan 13 36 Dec Mar 22 .28 »F^b 14 - Feb Jan 13 Jan 8 12% Feb 28 i Mar 31 11% Jan 8.'.: 7% 6% 7% 6% 38% 38% 9 8% 8 7% £ 8 /* 8 7%. 7% 7% 10% 10% 10% 900 42% 43'A 42% 42% 15% 15'/. 15% is Vt 15% 14%' : 15 ■-<: 14% 23 40% 22% 23»a 22% 23% 8,8001 # 2,300 H 20; 100 Y ; •98 * 0%- 8% 99 . 41% ■V 39% 184 155'/* 8% / 155 18% i/yi: % 19 8% 8% 19 19% WX % —No par •25% 25 109% 109% :__No par 26% 26% 26 »A 16% 16% 16% 16% % 25% 25 ya 108% 109%, ' 22% 23»/. ; 9% 18% 18% 18% 187/. 99% i. *98 % 99 % *98% 99% , 40 : 39% 40 y. 182% issy. 20 8Va •;■' 19% 24% ♦24% 25'A 106% 19% ;26'A 17'/. 16% 26'A 26 16% 17 y. 17 17% 77% 77% 77 77 *40'/# 40 Yt 40'/. 40 Yt *12 12'A ll7/. 12 76% 76% No par 11 11 Va 11 76% 11% 11 : ■ 40 11% 11 f 77 40 • 11 -26 i *24% ; 600 P; 25'A 3,100 \1 36 1,600 2,000 f 26% 17 • 18,900 ? X 76 76% 73 75" 39% 39% 39% 39% 9001 11% 11% 11% 11% 11% 11% 3,100 ' 10% / 10% 10% 10% 10'A 10% 6,900 *39%40y. v I' 11,600 *26'A 16% 26 ; 4,200?! 107 Yt 26'A 270 - % 1« 108'/a 108 j; 5,600 *8 8'A 19'A 35% 1 18,700 182% 155'A 10 10 5,3001! 10,400' v 30 I ' • 156 % 108% ' J" 9% 183'/. * • Vt *24% 40% 183 y. °155 23 ' 9'A y ' V .• • 8»/a */.' 18% • 19 22 % ■ 9% 40 t X 8% 18% . • 183'A 156 8% • « 9% . 40'A 183'a •155 25y* 108 > Y- 19% 23'A 9% % 25 \i : 8% v 26 Yt Supply (The) Pa com—10 % % 26 U'i. 15 •98% Y* 40% ,<•183% 156 19% - 99 184 8% 19% • 15»A 23 • 19% ♦183 184 156 / 18% i 9% 19% i *155 1 : *15 ' ' : 99 40 40% Corp 100 7.800?,; 10% ; •183 preferred— 7% V 43% '99% Vulcanized Fibre Co Natomas Co— : 6,900 Y 5,600 10% .•98% National Tea Co 9,900 10% •155 3 87/« 43 Yt 100 •4%% 38% 8% 10% —.—No par Co common— ^10 Natl * 6% 37% 9 6% 43% 9% Co 6% 39 8% 9 r 160 ; 38 »/4 38% 7% 800 9,800 186'/a 10% 19 % Ref 6% 7 *185 43% 9% National Sugar 8 7% 37% 10% 100 \ National 8% 42 37 % 185 185 . 14% 41% 37 7A . 70,700, 1,100! 44 ys 19'/. L_— 6% x37% *14% 21'/. ; 10% 9% ' 7 9 : 20% 600 42 - 37% 185 10,600 X 14'A 41% • 1,400 8% 8 21% 14% •i. 24% 43% : - X'. 184 39 8% 19% . 37% 184 * 7% 9% preferred A— 41% 37% 40% 24% 10% 22% $4.5o preferred 14% 41% 40% 8 20 •14'a 41 24% 7% ■ 22 38% 184 ,V 18 18% ; 24% 44 y 15% k 21% 42 38% 7% 39 9'A 44 14 185 *183% 10% New 40% Mar 23 i 37% 9 •10% 20% *41 % 38% 1 National Shares Corp National Steel Corp 2 3 14% 41% 17% *40'A (, sy. 14 y* 14 7% 38% 1 : 19% 38 par * 17% Jan 11 i Dec 12% Apr 13% Not 10 Enameling & Stamplng__12.5o : 20% 18% 8 ®% X 41% 185% , No par Mar 31 82% Feb •182 A 19% ,38 Natl Malleable & Steel Cast—Nopar Natl Power & Lt ex-dlst-—_No 4 Mar 31 38 1 8% 14% o4l 100 17% 41% 14% 4 preferred B_ National Linen Service 110% Mar 21 i Mar 31 5 20% Register < 25% Mar 24 , ' 10 common Corp_; National Lead 20% Mar 16 Jan 13 Cash < 0 8% Mar 25 : Corp National Gypsum Co com 155% Mar 28 25 Can 19% Inc—1 preferred Nat'l 41% Mar 27 : 11 Jan 7 13 197/b Mar 16 t Fibres 8 National Cylinder Gas Co 1 National Dairy Products No par National Department Stores 5 National Distillers Prod——No par 11% Jan 13 Aviation National 5 24% Jan . Feb 25 38% Automotive 17% 5 National City Lines Inc National Container Co 15 18% Jan 13 Jan Feb 12% Jan 17 44% Mar 23 * 19% May Jaa Jan 8 7% 8% Jan 28 , 3 Jan i 86 9% Jun 9% Jun 8% National 39% Mar 23 < V 10 27 t 28% Dec 21% 23 Jan i s 21% Feb 15% Dec „ 6 t 95% 1 9 Jan Jan ; *80 Jan 8 Dec 26 Jun 186 ii Jan .? Airlines National Battery Co National Biscuit Co 17 9 Jan i Dec Jun x% 24% National Mar 30 39% Jan Feb 20 > Dec 14 41% 24% -National 42 , Mar 30 Dec 7% 41 25 Vt 15% Feb 24 Jan Sep Jan 5% Mar 41% 24% National Jan i Dec 135 17% 41% 25 Mar 29 Jan i 95%- Dec 38% Dec i 17% 42% 25 22 eb 14% Feb i9% 86% May 25% Apr 17% 41 % 25'A 13 lan i 39% Dec 17% Aug 22% Dec xll% Jun 17% 41'A 25'A 13 Jar 29 8% Aug 9% Jan 12 Jan 27% 17% 41% 1 Jan feb 1-7% Mar 5 14 ; luu National Acme Co , Jan i ' Jun 4 8% Jan far 21 Jun Nash-Kelvlnator Corp Nashville Chatt & bt Louis 42% Mar 27 a sFeb 24 40% 28 30% Jan 170% Mar ' 18% Jan 12 , : - 970X1 i ' • Range for Previous .. STOCKS'm ■ Year 1049 \ "Lowest;. t per share 9% Mar 93% . 100% Jan .10% Jan Dec 102 - Jun «-142-'**Dec • Feb - 30 s i-s Jun Feb 102 : 67 » 19% '145 % ' 86 9 N 34% Jan « •>' 63% Jan 18 Jan 26 • Ffeb 21 30% Jan Dec 53 X Jan 232 : 4 , 95 Jan* 36 ; • Mar 21 86V4Jan : ' 58% Mar , 4 100 12 t 7 Feb Class A 3.40% preferred.: Dec Jan 9 Dec 28 25% Jan 3* 37% Mar 28 4 14 30 Sep 59% Jan 48% Mar 31 ; Jan - 13 53% Mar ' 28% Jan 15% 26% Jaii Jan :d 20% 8% Jun July 18% Jan 16 11% 10% Jan 13 13 % Feb 75% July 31 78% Jan Jan 11% 28 - Jun 39% < Dec 35% Jan 19'/a Dec 17 ; - 8% Feb 84 7 Dec 13 39% Feb 23 Jan,.3 12 Jun 30% 10% Jan 21% Feb 17 i. Dec May 4% 14% 13 Oct .. ' 96 . 16% Mar 25 23% Jan >4 Jan 11% Mar ■. Mar 22 Mar 27 109 % Mar 24 .* . Oct 36% Dec 2 107% Jan 18 9% Mar 30 Oct 20% 3 93 % Feb • 95% Dec 109% Mar Jun 13% 1 % 11% Apr Sep 27 13 i Jan ::5 21% Feb 18 32% Mar 28 1% Marie 13% Mar 29 98 Ym & 57 American *100 60% Y V 12% 68% 104 60'A if 11% ; 58% *211 Common 26 Yt 26 26 Yt 13% 12% 103 99 -14% r 13 -98 .• 58% Y *58 y* *211 *211 13 INorwalk 17 Norwich Tire & Co 11% ; < 69 *68 'A >: Y26% '■'V 25%- 26 y» -13% 97% 97 Y* 97% f 60 6,9C0 •2,400 ' I4y4 - 100% ? 100% 151,500 • 101 136 % X 138 138 16 > ; - 16'/a 15'/a 28'/a : 28 % *27% 58'A 58% / 220 220 , 16 2,600 800 >;•,:* 350 ;Y» 56'/a - *211 220 9% 34 y.; 34% •34v Y 18% 19'A ♦18% U - 35 - 19% 7.000 28% 56'/a 58 y4 220 ■ 8%: a 9»A 19 -f: 4,000 26% 9»A '34% V 2,700 > ■■ 2,200 >7,800 19'A — 50 io ; 9 V* 57% 97% i>9 '■*>:> 34% 19 56% 23%, r 91 95 37% x z : 2,400 - 84%' v 34%: 49% 493/4 27% 27'A 27 Y* 21% 20% 21 12% 12% >r 34'A 12% 223A 91 , v - • 7,100 • -• • 95% 100 • 200 xx: 103% >•?• />' >100 •I! 37'/. 37% 10% ' 10% 6,100 V:" i>o » :66,500 27 y. - Y *103 37 9% 34% 34 < 34 'A - 49% 49 27 y4 *27 21 20% 11% 12% 123/4 12% 84% *84'A, 38% 38% 38% 38 y. 38% 4 20% 21% 20% 20% ? 12% 84 'A *84'A 85 *33'A? 20% 49% 21.'A *84 36% ■ 9% 22% *95'/. 103% 27'A 20% " ' 98% -"89% - 95 '/a 20% '■» •38% :. 9% •103 * 28% X > 27 91% • 283A *97% 27% i *95'/. > < 7,300 27,500 ' ' 34 49% - </ 23 '/ *90 ; 37 9% 98% ' 27 . 91 103 37 y4 28% 223/. 27% •95% 103% 12% .12%. '23% ; - •94% 9% 28'A *97% h " 227/. 91 «, 95% *'.< '~ 103 • f 21 *27 ' 21'A/ 97% 27% 90% 36'A 9% 37% 49% 49%; 27'A V 27% 28% 97% 103 34 ya 9% 28% *94»/a 103% 35 23 27'A, *89 •'■> 34'A 9%: 34% 22% * 103'/2 •34% x 23'A 27% 94% 103'/a! 9% 22% *89 95%. 12% . ; 27% - 91%: 21'/. 85 38 49'A 48'/a ? 27'A 21 10.500 200 2034 12% "■ 2,000 27'A 20% 12% •841/4 84'A 38% (37% 19% ,< » 49 *27 38 38% 20% ' 34 ? 20% 20'A ? 28.600 * 26,900 843/4 140 38% 6,600 21 ?• 12 i/Y' !: 44,900 - "95'A No par *108% 12% ' 13 10 96 13 12% 96 109 12 3A 953A 95 % 109 y. 109 Y* 109% 12'A •. •107% - ;r 32 - 10% 10% 10 10% 17'/. 14'/; x95'/a ■ 10'/a' No par 2.50 12% X ,95% 109 V*'- 16% 50 Rubber^ Pharmacal ; 15% 28 'A- 58'A ; - 9 34r% 17 y4 17% 17'/. 17 Y* r. 32 Ya 32'A X 2 ; 1% 14 y4 32% 2 14'A 32% 1% . 14% 14 , 11% 96 10 10 V* ', 17% 17 % . 32 1% >! 13% . • 32 11% > 32% J % - . 9% 96 96 108% 10'/. 16% ,17'A ' 2 14 h 108 :• 2 12'A 27,000 ■ r 32% 14 Y '!■■. 12% 953A 108 14'/. 32 % 2 96 < 9% ': * 107% 10% 540 ; 14,300 — 163/4 17% : 25'A 31 2 14% 290 107% 2,550 2 14'A 8.600 '< • 14% ; 1,900 1,800 o 27% Jan 99% Jan 33 t may 110 Dec 23% May 17% Jan 20 Jun 91 Not 6% 33% • Jan 19% 31% Jan 13 107% Mar 24 Dec 31% Jan 99. Jan Feb 10% Dec 79% July 18% Aug 96% 28 Jun 105 Not 11% Jun 40% 108 79 Jan 64% Dec For footnotes see Jan 4 13 page 20. V Jan 27% Jan 100 9 99 V4 Feb 22 * 9 lo Feb 21 14% Mar 20 63% Jan 74% . : 3 37% Feb 17 10674 ivxar 24 14% Mar 22 Dec 20 • ,3 Jan 28 29% Mar 23 • SI - 20% Jan Dec 64% July Jan 10% Jan 95 Dec 49% Jan 14$ 92 * Jan 16% 14 22% Mar 31 Dec 22% 26% Feb 19% Feb - 35% Feb 112% Mar Feb 41 Jan 108% Feb 8 23 27 7 J Ohio Edison Co common 4.40% preferred—-: Ohio Oil Co Oklahoma Gas & Elec 4% Oliver Corp 8 common— $4 24 1 , 17 Mar 30 82 Jan 14 Outlet 67% Feb 16 Owens-Illinois Glass Co Outboard Marine *94 : & 24 ; 96 •21 • 39% •105'/a 2.50 34%< 34% - 34% 34% 33% 34% 33% 109 108% 108% 108'/a 108 '/a 108% 29 28% 28% 27% 28% 27% , *75 65% 19% 19% *19'A 19% 237/. 23'/a 24 95 y4 95 y4 95 »A 96 96 13 Mi 13% 13% 13 Ya 13% < 95% 95% <95'/a 95% 95% < 22% 1 *105% 106 ya 22% 106 »/a 20 94'A *21 39 Ya • '15 NO par ;—12.50 28^. <" 23% X 13% ' Mfg Co 108% 29 y. *19% 95% •* 96 10 No par 108'/a 34 18,000 108% 310 27% 18,200 19% 500 " 20 13% . ——62.50 J. preferred 29'/. *19% -convertible preferred A—100 Collins Otis Elevator <60inmon ' 34% 28% ' 28% 1 Oppenheim 34% 108'A •108 y. 108 y2 t pfd—20 4ya% convertible preferred—100 Omnibus Corp (The) common 5 8% 34% *>34%-:' . —:—100 No par I 3,500 ;< ' r 18% *27 — 3% Jan w 28'A 59% 220 - 9 57 34 Northwest Airlines Inc common—10 4.6% preferred 25 16% Jan 4 15Va - 13% 136., X 17,400 ' X 135'/. 14% 60 26% 13% 100'/a 135 *27% ; 28 '/a • Y! 13 »A ' 13% 100'A 14% X . , - 104 60 Y'X' Y.11% 69 » 12% 7 26% .: 25% 100% X i8% 27%: No par No par Northwestern Telegraph j 600.1 70' :•< 102'/a •' - ♦100 f 11% 26'A "e 12 60 11% . 135 - 135 ' 18 ya •84 x *101 % 104 69% *68'A- 26'A 26% 56% •49% 1 _• $3.60 preferred—i $4.80 preferred X" ■ . 68 26% 34% 97%" 33'/. ■v. 10 Northern States Pwr Co (Minn)— 11% 68 35% 23%, 25 American Aviation Northern Central Ry Co_ *2,900 1,400 | •> '+■ 90 X' = *♦37% : 38% 38 '/a 12'A iX 26% 34% ;• 27% . 4' North 15% 103 ya ' 25 ; io%4 io% ;• •15% 1103'/a 101 "2 *100 i -61.74 11% 68% • *97'A 1 com X - /Shores Y 16'/. 101% * 104 :•'*>> coy. 26%; ,18% 103% Co v I the Week { . 104% i 11% V 12% 26% : 220 r 9%, . 9 *37 I 103 Sales fsr 31. # per thare- > 10% -167 i •103% 387/. - 12% *100 60 »A 12 /x *68 • *27% * 28% . 38% *101% :* ' 9'A •; Co Northern Natural Gas Co^ Northern Pacific Ry s. : T 12% ' 57% —100- - Western illO' ie% • > ' ' 137 "14% y 35'% •95 •• : Ry AdJiStment preferred North , 35% 18% —2.50 •: 27 12% * '' 59'A , ' i Chemical Norfolk 84% Mar 13 ■ 107% Feb 26'/a ; '•135 220 ' 9'A ' 68'A '28%' *89% Nopco 21% Feb 24 Jan is —100r 1—100' Noblitt-Sparks Industries Noma Electric Corp ; * 6 38% 103 12 y. ' 138 *58'A *211 ,Y -No par j preferred.; preferred-: 3.90% 11% Mar 31 37% Mar 27 Jun Jun 47% % Jan 3.60% —; - 10% r Fridayt 4 ' Mar. Y . £ ,r . > X t per share 104 »/a 10% < —No par SI 95% Mar 15 38% *101% i share per *i6y. 16% 104% - - A'f V-x Mar. 30 '•103% .18% i 12% 26% i 26% . 103'% 15 ; >*27% 4 \ 11% Y 13'A •102 preferred _l—i 1_ 1001 Niagara Mhk Pwr Corp .com-No par 103% Mar 20 27% Mar "•136% 25 Jan 19 60'/. 26% 26 Yt >12%: 100 com Y City Omnibus Corp.:;—iNo par York Dock common.—_No par Mar 29 12 21% 26 No par 100 Central—— St Louis Co Mar. 29 ;.-Y. , / *103'/a ? 104 •100 68'A . 26% 26% preferred series A 29 93% Jan 1 12% *67% , ——No par New 9 ; ■ < f 101%'-103 62 , 12% 1 —-——100 Brake 91 c 98.% Jan - common-. $3.75 - 38% V. 38'A 'x 12'A ; 104 * :/ • 12% « v Common 15 24% Mar 103 *60 N Y Shipbldg Corp partlc stock—1 •NY State Elec & Gas Corp— 28% Mar 29 v 29 .26% Jan 6% ♦100 10 N Y New Haven & Hart RR Co.lOO Preferred 5% series A 100 19% Mar 29 : 9 21% Jan 16% May pfd—100 $5 non-cum preferred——iNo par N Y & Harlem RR Co —60. 10 10% Feb 27 3 Jan ; 3 28 V* M tt 30 96% not 12% 16% 104% Z -*38% : 39%' >•101% 1 New .17% Mar 21 , Jan 6% (18% Feb ;- 7 % Jan ' Air York N Y Chic & • 220 Apr 53% r - . . Sep New York 16% '*103% 104% ' • 10% .11 V ,< •;> -"Thursday-' Wednesday- 9per share. 11% " «4%% 'preferred- vNew U 16% *103'/2 —100. System— Mar. 28 9 per share : r 11% *16'A ' Newport News Ship & Dry Dock—1 >a 56 ,, Elec *11% Y'/ Mar. 27 * : RALE PRICES Tuesday' " 1 preferred—; England -Newport Industries Jan 10 . common New Jersey Pr & Lt Co 4% Mewmont Mining Corp 4 ' 48% New ,14% Mar 31 110% Feb ' 4 Mar 28 Inc r . preferred.———___100 com ;_Nopar 3%% . Feb 27 ; Jan g <30% Feb < 1 r ■>" Mar. 25 - Monday "i*. y - Y I per thare Par Newberry Co (J J) .14% Jan : 8 •68% Mar 16 <29 % Jan 20 .] '■ —— Bros <4%% -\ « 28% Mar 29 .,, Mar . < 13% Jan *Dec 9% Jan 33% nlan + '< Dec . r 250 Jun ;15% - 61 * Dec 5% ,21 135 , 14 V* Jan > ,-20% Jun 205 Jan ,*13% Mar 23 15 > v* 72% Jan > 66% Mar 14 35: Apr .26% .Mar 29 33% Jan 25% Mar 31, 13% Jan * .11% Jan 3 i 102% Dec ,98 Jan 3 * 105% Feb 16 < , 59% Mar 30, 111% Feb , Jun 48 4' 3 27 • Jun 10 Dec Dec Feb 40 ^ Corp Nelsner 104% Feb 10 v 9% Jun .; Dec > Nehl 17% Feb 10 V - • Jun 56 13 102% Mar 10 37% Jan n v ' Batarday- . .12% Feb 28 X 14% Jan •• 102% Oct 67 % '* tow NEW YORK STOCK ' :>■« .• ; EXCHANGE ;•'/-■ V■ : • .. •9 per there Mar 30 xil% * < » Jun *117% per share 10 Dec <> 14% Feb, Apr 23% * • 102% - Jun 24% Range ginee Jan. 1 Lowest Highest •;*••# 39% not r Jan 9% 65 / Mar •,,>'42 - 14% 104%-Dec " t Jan 8% 94 4 per share -r Jan 29 ■•', •" 13% Mar Jan 12% Jun *101% » Highest ' 39 15'A ■'. 77 i 38% ' 16% > .77 23% 24 * 23 19% 19% 23'A 23*4 22% •94Va 96'/a 94'/a 94% 120 13% 13% 13Va 13% -13% 10,100 95% 95% 95% 95% 95% 420 - 3,500 4 •21 39% 15 Ya *75 > *19% * *105% 16% *75 22 Y* 39 106'/a 16%, 77 '21 • 38% •105% 16% 22% 39 Y 106 % 16% V 21 38'/a ►105% 16'A 21 . 39 - 106% 17 • 21% 21% 38 39 *106 16 '/a >6,700 16% * *75 77 " •75 Y 77 200 107 *75 77 -.2,200 :•' ' 65% 65% 65% 65% 65% 65 65% 64% 64% 64% 64% 2,800 * Volume. 171;'. Number 4893' THE (1369) COMMERCIAL & FINANCIAL CHRONICLE -17 7 I^WytfORKSrSTOCK Range for Previous J • V'IW'OdLS ■»; Ranee Since Jan. 1 Year 1949 A...; • J ; . Lowest ,'Lowest.' -'j Highest I per share t per $1tare* / t per share ' 11% Mar 14 ' Nov " Jan 11% Mar 3 Jan . 61 10 y4 7% Jan 3 Jan 13% Jan Apr 52 10 : Jan 29% Mar 10 . V Nov 20% Jan 34 Sep 31% Mar 21: Jan 52 29 < , .» 25 23 60 27% Jun 89 .54 Jun i- Feb , 104 y4 Feb ■ Jan 148 Jan 2% 29 y4 Jun ; 3y4 , 44 •'• s , Oct Jun t 36 36 Jan 3% Mar 28 8% Jan 3 11 Oct 18% Mar 7 21 34'% Jan 38% Dec 95% Jun 104% Dec 6% Jun 8% Apr . 104 Jan 4% Jan 6% - Pan 7% Feb 1 Amer World A 54% l ♦146% 3% w :;3%v iv 1 Inc Pan-American 9 4% preferred . > 27 . Panhandle Transp—5 .*19% - 46% *105% *_100 Refining.— 1 ^ Prod & 3% A % 54% 53% 54% 53% 54 74 53% 54 29'/2 29% 29% 29% 29% 29 297a 29 y4 106% 106 106% 1,160 17b 45,200 106 ,.105% I A 3% . . 9% 3% v 19% 46% 46 >/4 "« 47% . . 3% 97a 47% 47 47% 45'A 47 105% 105% *10o% 6% 67a 67a *105% 106% 63/a 6% 6'/2 6% » • 3% 42,900 10 74 95/s 97t 197. < 350 4,400 6,400 3% 3% 97a 19% 106% 7% 37a 3% 9% 19% : *105% y. 1,300 \ 40 *3974 41 19% 9% 3,100 37b 3 3% 39 20 9% . *19% 329,200 t 1457a 145 1457a 3% 42% *40 3% , 145 3y8 3y8 46% 97/b .19% . 145 % xl45 42% 41 * i7. ,7/a 1A U 1A V* -A 43% - - 3% . 106 106% 106 r'.i- % : A 7 147'/a - - 63,800 3y8 106'% 6% 700 32 74 .•147% - „ 21% 32 3% 20 . 21% 327b 147% 10 9% v,t Panhandle East Pipe L com—No par & 21% 327a 3Va V-147% •.;v: 43 % 42 10 % • 21 % 32% . • l m. 21% ■v'v. 42% v"A 3% 3% _No par l Airways 'v. 147 % l -> Petrol I'/b : _100 30 32 Ya 54 »A 30'A *29% 21% 21% 106'/2.; 56 7a 30 32 y4 .106% r •54 30 31% 30 :30»/4 .106% .106% 57 120 < 87a •874 87b 400 12 *11% 117a *8% *55 30% v 21 y4 54%.._ 54% 11% i Shares f per share " -1 per share 8% Sales fsr the Week 30% 30% 30% ; . * Mar. 30 57 *55 T ,'y 21% 12 8% A ' Friday Mar. SI Thursday , - . t per share , ♦11% 9 57 t , , ;v 11% 8 V2 </*55 32'/a y, J3 u . ;*30 10o ; Packard Motor Car 9 Mar ' • 28 Jan 107 16 preferred 32 22V V..,. 21% >32'/B •v vv 31% 54ya : No par 30 Va. .32 . * - y • •*■ Mar. 2» S per share 11% 57;, Wednesday • * - Mar. 28 f - 8% 8% ' , 12 12 K' % _^No par Tuesday . J per share >. * 32 •i AND HIGH SALE PRICES? V*W LOW . 57 .'.-v, 0%_*55?r, ' • t*31 . *21% . 1 —_— Pacific Tin Consolidated Corp. Pacific* Western Oil Corp : 11 Feb * 49% Mar 20 13 5% Feb* lo .—>—25 9 43% Mar 27 Apr Dec v *55 - Monday Mar. 27 9'/a "8% ■ ■ No par nonrcum Electric A Pacific Lighting Corp Pacific Mills 7 28 V . —y., . , >*11% >,12 .10 No par Gas rS Jan * 10 3% Jan ' f per share Inc_^_ common n on-cum Finance Corp of Calif. Rights 148% Jan 22 • Co Pacific , < 3 il J,* Par '.<• Pacific Telep & Teleg com 1% Mar 23 Rights "when Issued" + 10% • j 7 ' 2% Jan " .-V. Saturday - Pacific 11 109 v Mar 3 Feb 12 Jan - Fisheries -preferred 2nd preferred - Feb .>4 - 33 4% Jan 12 144 Jan Jun 8 , Dec 4% Jun Amer Coast 1st •£(. 55% Mar 10 : % Mar 15 i135 17 JS Mar 23 \> Mar 31 101 . 34% Jan V A Mar 21 f 3 -•>> Pacific ; >34% Jan 34% July Dec ? 29 i. Aug r 18 . Feb i 30%-Jan . 57% Jan 7 71 40 K- . "A vv: V - ... 9% Feb-28.,*' Pacific • '21% Sep '" .. sync*. RECORD ..;^7'KXiClUNGEv- Mar. 25.- t per share * 7% NEW YORK " Highest', 40,100 ,. 500 20 *19 12,600 4574 46% 10b% *10574 105% 110 6% 6% 6% 14,100 1 15% Jun 20% Dec 15% Feb Dec 104 Va Jan 97% Mar 17% Oct 22 y4 Dec 17% Feb 37 i Aug 47 y4 Oct 101 . ' f. 25 21 Jan 6 6 104 Feb 25 28 20% Jan 4 40% Mar 31 46% Jan 11 2% Jan 7 No par 4% convertible 17% 16% 17% ♦100% 102 101 % 102 % *101% 1 18% 19 -19% 19% 19- 42 41% preferred Paramount Pictures Corp Park Ss Tilford Inc J. 1 * *17% >41% , " .1% f x6 Jun ? 9 34% Jan 16 Dec 28% Jan 4 30% Feb 15 Parker Jan 7% Jan 3 9% Jan 20 Parmelee Transportation 11 % Jan 11 Patlno Mines - - 23% Mar t Feb Dec 29 Jan 2% 38% Jun 24% Not ! l V 14% 5% Aug « 15 A 8 . Dec - 27% Jan 19% v 9% Jan 4 Jan . 5% Jan 3 Jan Park 39% Mar 23 7% Mar 17% Feb 15% Mar 29 5% 17 34% Jan 12 38 Va Mar 17 54 % Jan 13 61 57 Feb Consolidated Co i% 39 2.50 • 5 common— 5 prior preferred—. conv 25 ^16 • 29 % • - 58% - 59 16 -- 197b 19% 20% 41% 41% 407b 41 40% *1% 17a 1% 77/b 8 io y4 15% 15% 36% 58% ' 1 57% -V ' 58 15% 6 *5 7 367a 57 • 367b 36 7 7y4 Jun 17% Feb 23% Jun : 35 Jun > 111 < i: ». 106 10% 16% Jun ' Nov - 31 Mar 107 Jan 21 Mar 102 ■ 36% Feb 6 14 3 34 Jan 25 105 Nov Feb 20 11% Jan 13 • '23% 17% i7y4 10 —100 ♦115% 3%% 4 Peoples Drug Stores Inc Peoples Gas Light A Coke Peoria A Eastern Ry Co Pepsi-Cola Co 6 Pet Milk Co Jan 6 13% Jan 5 Mar 12 107 4%% 13% Mar 23 35 Va 367/'b 900 5,900 *44% 45 1157b 17 Jan 37% 36 57% Dec 51% Jan Jun 53 Yo Jan 44'A Mar 27, • X48% Mar 23 Va 56 Jan 5 60 Feb 35% 35% 108. *34% 357a Jan 5 108 Feb Jan 3 25% Feb 3 26% May Jun 117 Sep Xll4% Jan Dec 103% Jan 20 105 Apr 110% Sep 107 110% Feb 13% Jan 14% Feb 3 92 37% Jan > 55% Dec 50 7a Jan 13 14 7 94 Jan 79 103 Feb 9 106 ' '* Jan 12 14 Jan 3 17% Feb 6 Dec 57% Jan 94% Jan 93% Jan 16 Apr Mar 27 97s Mar 31 Jan 10 4' Feb 14 105% Mar 97 Feb 17 100 13% Jan 3 3 3%% , 1 * '• 24% < 10% i >142 88 Jun 14% > / 92 55% 105% *16% 16% v :*91 14% 14% 13% 43 % 437a 44 3A 92 92 90 % 907a 5674 567a X54% 55% 95 ' - *33% 34% 33% No par 105 *100 26% Feb -16%. Jan 155 .. : 13 Nov 148 Jan • 163 Mar .< Jun 28% Jun 37% Dec 6% Jun ; 8% Jan 7 % 7% Jun . 15% Jan 9Va Jan i ; i135 • i 175 88 Jan Nov 1135% Jun . Dec . 34 Feb 150 Feb 80 Feb 4 64% Mar 10 Mar 31 36% ' 8% 127. - ( f 4% 21 1 ; 13 Feb 10 Jan 3 26% Feb 21 Plttston Co 5 12V8 Mar 8* Plough 43% Jan 9 Plymouth ., 144; : 50% Apr 38% Feb 14 Sep 38% Jan 13% .. ; Apr Jun 22 ■ Oct 12% Mar 28 Mar 15 16 />;; 48 14% Feb :9» 15% Nov ! Jan ; 4- 28% Mar 22 v 14% : 79% Dec 38 ".22^'. Jan Jun : , Mar 22 * 80 Jan 13 53 122 24 20 y« 25% Jan Dec 25% Jun 29% Xl03V4 Nov 105 ya 30% Feb 37 24% Jun 33% - » - - 30% Feb Dec 104% Feb 3 107% Mar 33% Jan 3 36 Va Jan Oct 26% Feb 27 r July 30% Dec 107% Jan Jan 3 15% Jun 20% Jan 18% Jan 9% Jun • 3 Jun , 14% <mn 74% Jan 12% Jan 66% 9% Jun 92% Jan 101% Dec 23% Jun 29% Dec 30% Feb 34% Feb 21% Jun -26% Jun 17% Jun 34% Nov 43 Jan 28 y4 Jun 36 Jan For 23% Jan iootnotes 73% Jan 13 7% Mar 31 Apr x7 - 30 see Feb 3 27% Jan 3 x24% Jan 25. 30yB Jan 13. 20% Jan 25 36 Jan 25 31 Jan 13 100 page 20. Procter * ^ , 1 Industries Inc com Co Co of Indiana—No par ->4.64% preferred 3%% preferred — Pub Serv El A Gas com 1 <■ 91.40 div preference 9 4.08% 12 Pullman Pure Oil 5% 10 30 com—No par 100 preferred Inc No par (The) common conv preferred ;— —100 Purity Bakeries Corp. : Quaker 8tate Oil Refining Corp—10 No par 19% Mar7i "< Radio Corp of America com—No par 79% Mar 31 93.50 1st preferred No par 9% Feb 3' Radio-Keith-Orpheum Corp 1 63 6574 97. *33% 34 33% 3374 *9%' 97a 105 *10? 7a 105 *100 105 ♦100 105 *100 105 15 14% 15 147b 867a 87 87 87 87 28 287a 27% 28 277a 27% 7,000 167b 15% 16 2,600 28 7, « •150 164 -A 157« ♦150 163 37% > !:'»t ? V ; A' 12% 16 7»/b 16 ♦42 v; *142% 2274 ,157/b . . 627a 12 -7% 4274 ',42% 16 "V 77« 77s ' ■ 145 7a 12 > V 35 7a 42 12% 16 *117a r ; . ; 7 77b 29 - 73i . , j , i'! 25 y« 25% 28% : *107 , 523A;. , 25 28'/2 52 28% 1207a 88% 887a • n 25 257a 28% 28 7a't 107 >, : ,257b 283/a 1077b f< 35 . . ♦11974 89% •887a 29 147b 147B " , 25% 257« 257b 29 287s - 307« ti ■10874 •••A • ♦106 74 3574 29% 307a , 35 287. 30% *108% 108 »/2 31% 31% 31 31% V, 21% 21 21 21 15% 157a 16 157. 177a 17% 187a 177. 78% 8% 78% 78% 783/4 78% 7974 7974 79 77B 8% 77« *21 - 15 *77% 8% 102 *28% 27% 102 29% 1087a *108 108 7a' J , : 30% ,31 1027a 1027a 287a *28% 27-% 287. 8 *10274 28% 21% 27% 31% 28% 31% *31% *21% 21% 20% *37 38 34% *33% 20% 38 , 347a 1*36 *33% 31 1087, ;. - *21 77a •102% 31 ■: 21% 8 •108 5,700 14,700 • 900 :iV 7,900 6,700 i 210 ' 5,900 527s 13,100 150 1207B 130 887a 89 25 25% 18,000 287. 28 34 10,700 107 107 347b 357B -i 28% 297«:. 108 10874 108 170 ,, * y. 11,200 i. ;, V ,12,000 200 'V 7,800 *>O7b ul %0% 31 21 21 *21 217a 500 197a 711,600 18% /1974 8 797a 78% 79 7% 77a. , 1027a ♦10274 *102 1027a , 1027a 1,300 v 37,100 77. 240 . •28% 2874 287a 287a 287a 287b 1,100 2774 28 27% 2774 3,800 31 Ya 317a 28 317a 27% 31% , 29 28 , 31 7B 2174 *36 *33% 32 1027a *108 2,000 .,297B,, *119% 4 29% : t ' 83% i. 8354 527, 1207B 34 7« 30% . . -•<29 10774 1077, 34% . V 29 7« •1067, . f - 577b 897a 257b! 287a , 1,100 V A " 57% - 1207b « . V 29 V 89 120% 1077a 29% 30% 29% 107 35 357b 357a 297a , 29%: 297a *1197, 897a 29 28% 35% > . * 1207B .28% 107 Va 35% .83% cV *88 7a 29 7a 52 52 120 52 Va 29 83% 527a 83% 52% 28% 783% 52 8474 83 89 % 83 74 527a *8374 83 120 r 837, 157. 157. 28% 15 7. 157a 15 *88 % 14% 15 V. 15% *119% 157« 587,: 577/8 200 2,600 13 74 V 58 7. 57% 587a 5,000 ' 157/8 77,. ; 7% : v i 29 57% 58% 57 3A 423A 157. ■ * 297a 12 12% * i 39% 42% f , 12% . 180 2,000 227a 22 22 7a 42 715% 1457a *14274 40 % 393A 12% : 220 227a 22 22% 22% 167a f. i 73A 77. 29 29 51% i - 3,900 62 42% 127. 29 , *6174 *11% 427B ■V, 16%- ?■' •- . 62 41% 12 y3. 58% 58 > 15% 4,900 ( 73 ♦14274 12 •40% 157/s 7-% 77a 28% >29 .".y-i :> *72% • V 10% 149 73% 23% ' 12 1274' V ,V: 29% 200 3,300 - 7 7. ' *140 *22 7b , 1457a 2274 , 41% 41% . 23 *1427, V ' i 7, 107« 149 62 63% 227a 237s 11 7b * .. . .. . 1457a .12% V12 %:%; 16 •: 23 ,23 42%,< ,%■ ■ : 10% , 737a / 737a '74 62 . 42 *28y8 74 62: 12 43 *145 149 3774 36% 7% , 1074 105/b *145 i 1637a . 50 10 155 *150 .163% 377a y 1 *73 7a 23% 12% >77a 107a V V 165 7a. 36% 7; 377s IVa :>■ 10% 149 *145 227b 43 ,•■774 7% .io% 155 *162 7a 155 . 163 377a 37% . '167a 16% 16% 155 164 146 .V 40% 3,000 15 86% *150 *14274 42% 147b 15 87 6274 42% 100 400 ; 105 73 ,y.*ll7a 9% *104% :.V< -/ 16% 149 11% 30,700 637« 9% 34 105 23% 23 62% 647b *9 7a 28 107b -11%: . 103% Jan 10 v Ralston Purina Co 3%* pfd 100 29% Jan 27 ■ OEtaybestos-Manhattan No par ' 29% Mar 16 . Rayonler Inc common 1 33 Mar 15 " ^92 preferred 25 • 22% Jan 9 Reading Co common 50 39% Feb 9 -4* non-cum 1st preferred 50 34y2Mar22 4% non-cum 2nd preferred 50 637a *33 y4 *104% ;.r 23.. ,'23% 22% No par '•• *■' 143A 774 . *62% 62% , 145 r 100 100 No par 95 33y2 28 74' 73 < 74 * *142 y4 .' 5 No par of Colorado-—20 149 •23 preferred— Public Serv ■ No par ,L; 10% *1451 *62 ; .—10 Co 7% .10% *72'/a : ■ ■ Power 95 105 155 *v7% *140 i 5 .—No par B Gamble A 94.75 cum 8 21% Mar 20 Electric Piddle Service - 6 34% Jan ■' class A 100 16% *91 105 3A 9% 3774 .38.' . *15 95 ' Pocahontas. Co Puhlicker 29 2 — cpnv-preferred series A—50 6 24 109 % Jan 4 109 3 CD. 38 163A 7 *91 *86 7a •164... ,166 7% 5 Pressed 8teel Car Co Inc com- 31% Mar 20 3 Jun Jan Feb Apr / 25% 107 Feb 26% Feb Mar 10 28% Mar 24 Dec - 89 y2 Mar 86% Jan 26 24 A Potomac ' 15 29% Feb 28 26% Jan 31 118% Jan Poor 85% Feb 17 4 46% Jan Dec Feb 00 > 17% Jan 14% Mar 13 Feb 90 ya Mar 47% . 8 Oil *150 * 10%: _1 ; Pond Creek 31% Jan 30 ' 56 16% Mar 8% Feb 77b Mar 23 Oct 32< , 15 Jan 8y4 ; Mar - (The) Inc 165% >♦37% A West Virginia Pittsburgh 44% ■ Jun '--■ , ^164 *15 65% , 15% .16% i6% 155 ,16% 1155 t —No par Pittsburgh Steel Co com No par 7% preferred class B™i—100 5% preferred class A :—100 5%% 1st ser conv prior pfd—100 10% Jan t- ; 163A 95 *100 15 - *15% *91 *103 *104•, 87 2774 1053A C ,33% 105 «86 28% 28 % / 100 lo —100 Pittsburgh Young A Ash pfd—_100 12% Nov Mar 32. i. Feb 1 135% Jan Feb Apr ; 3 27% Jan •'» 10 22 Dec i gtd preferred. Pittsburgh Plate Glass Co Pittsburgh Screw A Bolt 8 3 Jan 29 i >7* 12 : Jan 61 ; 147 Jun 8% 9 Coal Co.— v >87 *86 , " 16% 11,200 ■ 104 *9% 105 147b 15% 150 547b 54% 104 647b - 92,100 y 91 7a 1057a *91 - *90 *103 *i6 ya 9% *100 14% preferred—No par Pittsburgh Forglngs Co_ — 1 Pitts Ft Wayne A Chic Ry com—100 20 23 8% Jan " Xl9y4 f: 12 11% Jan 3 71% Jan v Jan convertible Pitts Consolidation 39% Mar 16 150 7 Feb ". 8 71 $5 23 Mar 21 j 167 Mar 30 25% f 16% Jan 155 *■•■ 35% Jan 13 May Nov 55 ; 14% r Apr 64% ' ♦ 1 Mar 22 (156% 170 -29% Jan 23 15 Va Jan Jan 91% Feb com—No par ■ 66 *104 105 *104 , -100 RR 5 1674 *91 567a ',*104 1037a * *15 557a f 90% > > 56 - 90% V 92 25 Louis 12.700 14% 41% *104 95 Shares Svershare, 1474 447a Pillsbury Mills Inc common 8e Chem Co i vershare f per share ■ the Week Mar. 81 - 147, *9% &.St Mar. 39 Mar. 29 Sales for Frldav Thursday Wedueaday 427a 647b C 20 44 7« 9% preferred- 200 107 % 14 3A *9% $4 160 1043A 107 • 14% 65% S 66% Pitta C 1167a 104% *116 ■ 42 557a " 1,100 SALE PRICES t per share ; 220 15,600 " 26 147b ~5 Pitts Coke 3 . 447a *90 7a • *103% . • ... 56 26 . 147b 42% ♦90 preferred series A *107 7a • 1,920 i. 2474 247# 26 7b * 107 *106 42-: 14% 39% 3 100 Philip Morris & Co Ltd common—5 •4% preferred 100 Phillips Jones Corp com No par .»5% preferred 100 Phillips Petroleum No par 2 Mar 14 16% Mar Mar 17 86 Dec ■' 32 Jun Jan 14% Mar V Mar. 2K t per share 8 per share ; " ■. ... Tuesday Monday Mar. 27 Mar. 25 Phoenix Hosiery 8 12 34% Mar 23 103 Jun 32 ya Jan j, 66% Mar * Jun 100 y4 " 57% Mar 17 32% Aug 105% Apr Dec 11 ' Iron Phllco Corp common Mar 29 Dec II ,100% Jan 108 7a Saturday Par 18 Dec 64 Jun 104 7/« *107 *26 LOW AND HIGH Phila A Reading Coal A 44% Mar 31 4 26 1167a- *104 1087a- 108 7a :■ 84 Vh Jan 95 % *115% 1047a *107% 32% Jan r 116% 108% * Feb Sep 11674 104% 11674 105 *107% Jan 7% 26 7a 103'/a 88% 87y4 Aug 51% Jun 267b *107% 40% - 267. 100 > 14. 267a preferred Nov 105 247. 4.3% Jun > 10772 24% 24 79% Jan 577a •'57% 107% 24% .2678 < 57 75% 107% 24% *103 7a ; 10,700 14,000 107% *115 7a , 6274 457b X57% 26% , 6074 44 % 58 y« 115% 5,^00 62 45% 57 7a 24 3A 104% : 407a 4,500 44 7a 1077a 116'A ; 4074 200 ; ; 61% % 58% *104 r 417a 80,800 < 1374 24% 26% YORK 8TOCK 108 13% 197% 104% EXCHANGE *106 13%- 24% 116% NEW 357a 108 , ' 58 % 26 Va 400 10%. 107% •104 r 1,800 12% 35 24% *115% ■' 130 *1174 10% 58% --it 25 500 *128 107 % 58% 107% 24% I per share t per share I per share „ T 58% *107% ; 100 100 22% Feb 45 par 36 35 407a "63 447a 170 ■36 11%, 13 % f 42 627a 447a No par 197/a Jan 407a 63% 44'A preferred Jun 10% 4374 627a 45% STOCKS 1 93% 42% 62% 44% preferred Lowest Highest f per share common 81 conv preference com Range Since Jan. 1 V. Highest Year 1949 11% 44 62% 45% 3 R% , Range for Previous Lowest 43% 62 4.4% 104% Mar Mar 31 Co 43% 45 600 . 107a •106 13% 35,400 44% 107a *3474 137a | 17'A'' 11% > 108 *106 13 3A 137a 2 116% Mar 23 6 104% Electric 20 19,000 247b v 115 367a-; 35%% *34% , 108 *106 n 13% v "' . *113 130 10% 61 25 50 No par v Phila 26% Mar 17 7 24% Jan Apr Jan Inc. - 15 24 Co A 109 7 a 443i 44% 130 > 12%, - 43% —No par 1 Brewing Co- (Chas) Phelps-Dodge Corp Philadelphia Co 6% preferred $6 preferred No 10 105 98 110% Pfizer 1 Hi Oct 24% Jan Mar 64 50% Jan Dec 106 20% 25 Nov 58 90% Mar Pfeiffer 44% Mar 16 Jan / 3 Dec Jun 36% 3.800 32 237a 167« 115% 36 35% 10% 107a 7a 114 132 • *11% » 1074 » 177, " 40 y4 * 257s j *107% 24% 167a 45% 131/ 127a *11 11'A j 133 132 % 1,23% 116 *36 367a *36 10% 13% *3%. 25 *30'/a 109 7a 17% *44% 11S *106 ♦107% 300 9 1 - 24% " 17 *115% 36% J 24% ' . >7%"" - 133% 13% 109% 45 10% 108 13% 32 116 , ■) v 11% *34% 8% 25 7b *30% ;• *107% 23% ;* 24 Va •• 132 io% ; 17'A *36 > 12 *106 5 23% 44% 36% 8% '2474 32 v t 900 16 a ' 17.--: . 8% 25 y2 *30% 1 108 103 - 23% ;>■ 115% 10% • 109 % *8% 32 *30'/a 500 1,000 56 Va 51 "4 25% 25'/a 25% - » 32 *107Va - 134% >"!' .12 100 *30 % 9 *8% 25% ' .'.-25% 45 Va *133% No par - Corp of America . ! 116 *36 5 100 100 33 %c common preferred Petroleum 25% V *44'/4 com series A pfd conv 37% Feb Feb 8% Jan Dec V 13% 23% 50 5% - 21 Dec 108 Jun No par Pennsylvania Salt Mfg Co Mar 24 138% Feb 35 r. Jan 9% 109 % 6 Feb 4 11 *107% 46 17 Apr —100 116 35% Jan Dec 32'% ; 8 17 127% Jan 12 <25% -*20% Co 9 *8% 9 7 Sand Corp com—No par 20 24% Feb *8% lo Cement , Dec 13 Nov 110 Mar 23 Dec 37% 137 7% May - Coke Corp & Penn-Dixie Penn Glass 6 Feb Nov Coal Penn J 18% Mar 41 y4 Feb NOV 7 preferred — Penn Power A Light Co. Pennsylvania RR * 6 45% 10 108 13 113% x8 6 16% Jan Jun Feb Jan 21% Jan Mar 96% 3 Dec 32 6 Feb 28 Mar 17% Jan 104 29 9% Feb 34% Jan 9 24% Mar 30 Dec * 22% ; v 13% ■ 8y4 Mar Feb <26% Dec 400 3,100 - 674' " * i 8 7b a 5oi8 - 'u 3,000 10,100 10 *15% 15 7b 157o : 800 1 b 28% • 97a, „ * 38 *7% - ' "' 58% ' 8 97b 6 37 37 ^ 28% 6y8 15% 37 28 3A 8 97b ' 77a 6 * 33 10 ,10 6 '/a 17a 383/b 2874 • 29 % *29 29% ' 17 *1% 174 37% - 38% ,38% 56% , 36 % • - 39 v 58,100 40% 6% . -36% 57% > 37% 10 6% 15% 16 *36% No par 19 *7'/8 9% -V. *6 • - 8 • 8% t * 19% *,29y2 • 8 • - 6% 18% 41% 38% *29 y4 «■ 10% _No par ; Penney (J C) Co™ V. 8 *' *6 1% 39% 200 102 101 1037a 3,600 17 16% 16 7b 16% *102 19% 1% 1% 17% 102 xlOO'/a 103%.' . 39'/8 ■%- 29 Va 8 10 Coal Co 42 - - 39 y4 29% • NO par & Enterprises-- Penick & Ford 241 1 Mines No par Proof Rnst Peabody 6 Dec Jan Utah Parke Davis & CO | 37% Dec Jan 42% 1 '• 7% . 1% Mar 21 ; : 43 1% 16% 17% 16% _100 Paraffine Cos Inc common.* 31% 31% 21 217. 21% 36 3474 •367a 33% 37 337a ♦31 213A 37 ; 213A 37 '237a. 337a ; 21 7b *36 33% 213A ' * /: I I: 1 V 600 2,200 38 200 337a 400 t. ' 18 COMMERCIAL THE (1370) & NEW -YORK ' Lowest Highest 10% Jan 13% 15 V* Nov 23% 11% Jan ■"• 5 / '■ 12% Feb 1 Real Silk 25 18 Jan 3 Reed Roller 12% Mar 30 16 IJan 7' Reeves" Bros Inc 9%'Jan 11' J , . 10% Mar 11 16% Oct r • 16% Feb Apr Jan LOW AND STOCK YORK 6% Jun, 50 Jan 7 Jan 6 ' Dec 22 Feb 9 8% Jan Jan 8¥2 Jun. Jan 27 9% , Jan 60 Aug, Nov 58 Bit Co "7 Reliance .5 60 Va Feb 9 Dee 11% Jan 13 14% Feb 20 Nov 85 20 92 Feb 14 '5 12% Jan 13 12% Jan 5% Jan 25 j7% Mar IT 11 f5% Jah 30 9% Jan 13 11% Feb 19 Vs Jan Jan , 2% Jan Dec 5% Jan 10 Dec t 1 < 17 110 Jun Jun 91 Jan 27% Jun 10% Aug Jan 23¥e Jan 103 13 99% Jan 109V4 Mar 15 3 17% Mar 15 14% Jan: Dec 100 27% Mar *4 13 Jan Jan 16% 18 104 I 1 , Friday ; Sales for the Week i t per share Shares > Mar. 30 t per share Mar. 31 I per share 11% 11 11 II 11 16% 16% 1634 16% 16% 16% 163j 17 13% 13% 13% 13 Vs 13% 12% 13 12% 13 12 *11, *11 9% 5 ,__100 / 50c -/•■; r-' • ' 1 t *59% 14 ■ '*88% 92 10% >10'/a •'''/ i " ! 9% FF-a'-is v>. '11- 400 1 16% 1S% ■: 59 % 59% A 60 11% *-7y. -26 «/4 26 3 4 *108 , 26 *103 90 ?10V8;;i" 25% •'"26% "if.: ■ -9K '11% <■ ; ■\y4^y >9% A ! 25% 26% ■'•• *103 103% *107% 104 % > *103 104%. 98 Dec 23 Jun i6%Jan 23% Jan' Feb 100 Jan Dec 9 Jan 26 37% Jan 25 103% Sep 14 13' 5% Feb 20% Jan 3 t Rexall Drug Inc a --2.50 Reynolds Metals Co com—^-No-par 7 , 5: 102% Jan 20 syafie 5% 5% convertible preferred-!—100 5% 5% '22% *22 V. 22% *101% .102 % ! 5% 22 y. 402% 102 ¥4 *101% 11 y« 11% 10% 22 / I 5% 5% ■■ 22 . 53i ' 21% 22 ' . '< t " 5% • 21 5% *101% 102 »/4 *101% 102% 10% 102% 10% 9% ' 21 Va • 10% 200 3,600 > 102% 100 ' ' "J5%" 24,600 'r 21%-/. 101% - 24,700 : - 104%" 5V2 21% • 6,400 : I6V2 -16%- • 9,200 11,600 - 1 26V'/ 25% 16% *103 -go *107% 10934 ?' 109% 1614 , 47% •//. v; - 9%,,10. 26%* 23 VV ' - 108 'I 900 1,200 v- -■'6%' 4%•";"• ^%'1" / ■WU -r-T -4i'. : ' ;> v '*88Va," 90 V V 100 *41% m * '- >-.19,200 7-s:* 4% - •' 9% -13.%>/V ,>37,700 >12% •6% - -. " •.'*58% i-60 - .13%. ■ ii¥a ; '< 17 '• - 13% - 26% 9'4" " ' 108 -17 103% 40% 60 *88% - &: - f 10 -r: V 110 16% ■ '4% .. '., - *103 17 Va 103% *58% 11%'; X6% .* 4Va" - : 11 Va 7%'« 7% 4% 10 ' 11% 10% - 109 *103 103:% : -;• w9y 26% , 16% 17'/8 60 •'" "500 '"••,734v; -7% '*26 26 &% ,-9%" ,, I334 10 Va 109 110 *58% • 26 ' 90 ' y 16% *7% - 9 % : 14 a .4% 10 26% ^9'a 91 '7% : >4% 10% 8V4 26% 13% 92 -10% r •7% i- *83% 14 »/4 14 V. *88% 26 26 ' 18% Jan 6% AVn Aug 900 3,200 " ; . 1. 6%. conv prior pfd 9% 14 % •'-.'7¥4 •7% t'T 4% *•: 4% .1 9% *59% - / 26 V» *9% -60 10% 8% * »7% * 8% 9% i ; . .i ♦1. 8% *25% 8% 26 26 Revere Copper & Brass1 com__No par 5%^ preferred I__i I—100 Mar 20 Thursday Mar. tU t per share S per share 11% *8 Steel Corp. com.i-_Nopar series A_—100 Republic Wednesday Mar. '!H 17 1 Aviation Corp_J_i—1 Republic pictures common50c $1 convertible preferred__-A.-i„10 : SALE PRICES HIGH Tuesday , > Mar. 27 *13% Republic ' 91% Mfg: Co commoh-i pfd 3VsTe series—t Remington-Rand common L~ $4.50 preferred Reo Motors Inc____i.—/ 'm'„ 4% Feb Jan 8% 4% Monday, April 3, 1950 . Feb 12 % -/ ^ *11 prior preference^—'__10 11 Conv ; *16% U—50c :3 90 6% May-' Jun 5 _„___No par 1* Mar. 25 I per share Reliable Stores Corp—-w„i__No par Apr. 4% div V Par 26% Mar 22 Jun 8y# 73 $1.25 » .- Hosiery Mills com Reis (Robt) & Co—i" 4% 18% " Monday Saturday : • : STOCK-;-RECORDV;'' EXCHANGE $ per share $ per share S per share '$ per share NEW Range Since Jan. 1 Highest Year 1949 CHRONICLE STOCKS Range for Previous Lowest FINANCIAL 2,000 ,t. 70 • ' 4% 34% 10 Jun 39% Jan Oct xl05% Mar -.8 19 Jan 13 107%. Jan 10 47% Jan 98 Aug 94¥2 Jan 102% Jan 13 y* Jun > Jan 10 24% Jan 42% Dec 37¥8 Feb 14 Jun 21 Jan 16 16 19% Feb Jun 15 4% Jan 'e 3 Dec 21 Mar Feb Jan 5% 19Va Mar 24 36 Dec 12 Jan 13 15% Mar 20 30% Jan 13 38% Mar 25 68% Jun 96% Dec 105 Apr Dec Mar 30 60% Jan 102 13 Mar 17 16% Jan 67%'Jan 105 Nov 54% Mar 13 58 Va Jan 12% Mar 10% Jan /3 12 16% Jan 31 Dec 29 ¥» Jan 13 113% Feb 112% Jan '7 48% Jan 34 12% Jan 10% Feb 43% Jun Dec Mar 24 1. Feb 28 i iJan 37 ; 114 Mar Mar 12% Jan 48% Jan Jun 131% Dec ri Jan 20 3 165% Feb Jun 100% 08 105 9 V* Jan 24 7% Feb 28 .'Mar July f Jun *104 - 17,% z a--l '. 22 Co (Thej_„_zz_ No par *57% 58% 57%. 5 11 Y» 11 Va 11 Va 11 Va ,, : Preferred series A. 5% Southwestern vtc_. *147% 1 150 29% Mar 10 34% Jan 11 Schenley Industries Inc_: 30% 30% 30 30 % 29% "30%' ,76% 7, 74%"776% .74% 96% *96% 7 97 97 107 84% Jan 9 91 Jan 7 109 80 .Mar 16 Mar 28: Jan Scott Paper Co common—_i_J $4 preferred Mar 23 , Oct .14 104 Feb 21 Jan 16 91 Sep 92 Dec 47% Jun 62 Dec 69% Feb 10 10% Jan 19% Sep 21% Feb 2 Feb Dec 56 • ,11% Dec 44% Dec Jan Jun Jun 70 Mar 27 'Mar Scranton 11% Dec 6% Jan .10 13% Feb 1 101% Feb 94% Jan 11. Co preferred (The) 106% 106% 106% '*90% ' 91% 91% *90% *106 :106% *106 107 37% Dec Seaboard Oil Co Sears » Roebuck Servel Inc common.^...." $4.50 preferred— ; LOW t per share K ■ 40 40'/4 > 109 j' 106% 106% 27% 26% 27 39 108% 26% - . > 26% 27% 26 26% Y 26 7 39 38 38% 'f 38% *108 106% *108 *10 ; *9% a *18% i 38 *108 38% 39% > - 391% 7y8 2% 28% 291/4 30 30 30% 23% 24% 23% '-4 9% 10 27 - 19i< 26% -v 33% . a * ; 7% *22 y2 100 10 71,900 - i9%->' 37% 37 ya 77 a, 200 78,400 39% >2% 3,300 30% 14,900 .-29% 30% : 30% 112% 22% 31% . •7 22% *30 • ' 2,200 ♦87 77 7' 87%. 87% *99% 101 "7 Dec 75 y4 - 75% i 39% 36% 52% ', % 34% 35 y2 58 V4 12% 8% - 12 y» 7 9% 7'72 24% 16% "'117' - 12%- , 36% ; 20% 109% » 101 16% r 10% 10% 52 Va -752% *74 7'-'*'76 V2 . 7 15% 15.% V 3% . 35% -"7. ail.; :/; ' ... 3% ' 36% r 773 37 53 10,700 53,000 3,800 ■ ,'A 34% 8%%...91/a 14,100 35% . , , 7',7*5is--.'5% :•>, *5 . - 6 *68 •""•"72 v 24% 7 28 % 8% :.;9y« 69 ,7 -18 -18 7. 38% - *37% '- *108% 109 2-3% 24 ■ *91 91% 74% *157 ; 172 73% 158 67% 47% n ,70 % .36% 37 " 1083,4 108 3% *108 ¥4 109 23 V8 23% 91% 91 ¥4 37% , 7 6914 1 " 74% xl56 76% ;:157 - -1 *167% 168 67% 66% 67 47% 46% 47 70 y» 69% 70 y4 171 46% ; .37 ¥4 158 *170 66% , .70 17%. is 37 V4 77% 158 67 V8 47% 70 .91 t" •• 24 91% v ,-■>"'23% , *69% 18,7 *108% 109 # 76% 172 70 17% ,37 . 18,700 773.900 " 28 *(• 43:V2 ■ ' *62% 64%' 12 % ■"/12.% 8% 9V8 ■ *68 '7772'*'-7 '<■> a.76 *57% 7 583s ; 58% *62%-.' 64% ' H- 12%-V* 12 % 7 '- >- 10% 710% 7. .*52% : 53 35%a; 13»/4 13 7v 34%-34% '.7:7 ./7 > T7:*7 16% > riQ9 36% 7-39% 7 7.7 *41 ,-A r ■ '% 101 12% 'r 12%' "752y«'--"5352 V4 -9/64 *'$•••: 7/64 •'-/ '-5838 >- '88 7. .73% 30%-, V 21 *99% ; '17' 111% i *86 Vi I51/4 -15% 111 21 e *86% 7 88 : *99% 600 -22% 7 30 Vs 31 '20% ? 39;90O 109% .7- ".*21 %" 111% ,22 ' .... ■ ; 36% «., •V-VSTA 5% ,7.5% *68 : • 58% 64% 4c »1313% -,7.3* *62% 111% 111%5 '7'7. ':?3% ',-4 35%7 35%V7 7 ; 53 :I6% I17ya7 7> 111% »41a> Si* 43 %' 13.% v»*. 16 7 15% 73)9%' 43y2 36 y8 .; I *99% 101 -53 77 >"-75%;--^a/*757'777% - 12%! - 35% -13% ' < t » t 101 / ;'' .. ■-P 35% 22 X31 52%",:-52%;:>ri.*S2%' 775 12% 39% *41 88 .7;7>io%:"'- 10%i- 109% 22 V2 22Vi • •7 31% '32Vs 20%- 21 '.*87 '• -88 Vl6%"717-,-:'7',; v/111% 7''7, .r4 ... •12% 113%' 113 H 10% 53 7" *52% .77 22%;> n716%'716% 7 i • 111 1/2 "10% Oct *99% - 16V4\'16V4 in im 111% 114 7 30% 24 % , 24% '31%. 321/4 7*21 s• • 21% 32 V2 2iy4 / 2iy2 4% Oct 5,800 109 ' < 7'/4 2%- 113%. 1157. ■10% Dec page 20. 6,200 ■V 38% 2% - " Dec see 5,000 a • ".17% Oct For footnotes Shares r 27%>: a, 7Vs 24 ya *7. tf; '27% the Week "2% 30% ; • 108% 19% 10 7 - • • *18% 19 tper share Sper share Sales for ' Mar. 31 27% : i .7 9% * *18% 9% 7 * Friday , 4Mar. 30 7 S per share 108%" - .* Thursday 27% " 39% ; TRICES "-.Mar. 29 7 27% 2% 39 Jan 711/a 27% 108% 19 / t per share •••' 9% 710% Feb 52% ;;;,;97.^ r£7?/ "106% Wednesday 39% - *108% 100% Mar : '/■ 71 27% 39 Jan 107% AND HIGH SALE Tuesday 26% Dec . *106 Mar. 28 77'. 27 * Dec 17% 91%. Monday t per share \ ' 27% : :27%' "' 26% '27% : 127% Jan 881/2 96% . ♦106% 107 *90% 91% 108% 106% Mar. 27 v Mar. 25 Sep 31% 76 96 30% 74-% J 27% NOV 36% Jan 22% 75 ■;i . 'i 30 ,, 74% : 16% u. Oct 331/4 30% 83 16% Cb-z_;—„J 4% Jan 24% .- 8 .;i >86 » v Seeger Refrigerator Co....... Seiberling Rubber Co...... Dec 7 -7% z of Del. & Dec 40% '3,300 . 150 .104% Seagrave Corp Oct 15% .46 *. 420 ] *108 10% 28,500 Finance Co Jan 38% 12 % com. vtc Saturday 31% May ; 11,700 — com $ per share 21% Aug 22% Jan 12,300 37% 36% 46 88 v 30% 5,200 ;s *147 16% -16% 1,700 ;• 4,000 " '■■■ 34 , 34% 113% .113% ' 106,% *90% *106 Highest t per share *86 t ; Year 1949 .' >;j 74%; 797 97 Bange fer Previous Lowest 8 88 / 5Cfc 'preferred series'A— 18% Mar 23 Jan *106 „ Seaboard 'Mar 31 Dec Elec , 96% pfd—. 4.30%" preferred——.—. Seaboard Air. Line 15% Mar 17 45 i Mar 27 •6% Jun Jun; • 2*>>3.35% 16% 4% Jun * 76 _1 . Scoyill Mfg Co 3.65% /., 25% Mar 23 , $3.40 preferred—L - 10 *86' "20 1,800 . • *103 .♦103: Dec >','7%%r 8% 86 " 7 86% •5oV2 '•- 46% 150 : 104% >:i7%;> 8 * ,104% '16% 21% Jun *147 16% -6 .53 % ; 10% , 11% 46% 46%';, - *103 17 u " 7 '/ 56 »11 •,.; *113% ; ,i5o *148 16%* Jan 24% 46 - • 17, 20 . . 1 200 ->• .!/> 600 63% V 11% 87 Feb 10% 11% 7 7% 55'4 200 • . 11% 16% 91% Mar Jan •it 34% .21% 21,600 r 18/» /. > i05;.---.fc: :473av47%" -21% ;213b % 17% ' 21% : : 87 66 V ' 11%;/. a , 405 10p% 17% H 1st pfd 4.40% series A— Savage Arms Corp_^——. 94 •' Feb : '■ •57%: < ' 600 i V ' ;37/:-j ,-34% St Regis Paper Co 105% Feb *104 22 .; 620 , 41% . 37 114 5 3535% 9 Oct 105 1,100 20VV..V f/ % ■>i.'63% 64% 34% 7 Dec '*63% - •17%";^ v/ 57 II v. 11 Va 24 7 7'37% /. ..-37/-: ' 57 %: 11.;- Feb Nov "65% ,;A x22 .;! Jan common ,45 ,r 37 11% / 104Va *103 *36 ' 9,600 ; r 9,100 :5%-' *■ .(V5 V ;2,"000 ;,„20% ,, 20^8 : 12,200 ; 14%- .45/• > 800 ,"■>36 %': 38 »; "< 34% 111% 711% 46%; 47'%' Ry Co. rion-cum preferred • • -40% : '21 'f >44% / : / , 107 V4 3 >17%' ' . 5% 20 Va 38 17% • .33% $ 34%'. 113% 114 7 1147a' 35% 34%' St L-San F Ry Co com vtCi-J 5% *104 % 22% % 57 - 33% 7 34% 113% Joseph Lead Co—— St Louis 18 ■ ; 2 41%. 38 - ■V, 18 15%: , 65% 17% 22% 22% ; 22% 105 • 17% ;. 57% (Jacob) 10 ' Jun 6% -17% • - 21 13% 77 104 18 22 65 % 9 104 % 94% Jun- 9% 104 104. 38 17% Feb 98 . 78 5% % *17% * 40% 19% *37 90 70 Jun 36% * 103 f: .20% 39 99 % V i, t*20 ' 64% 64 107 20% ; 5%:' :' V 14% 38 i; Mar 27 12% Jan 13 86 108 46% Jan It 103% 33% ;■ 64 15% 38 107% 107% 4,500 49 V'""-. , 42%:, 19% 31% 22% Jun 12% 653'4 — 38%'"' 99 18% 19% Dec May 87 July ">.83 *64% 41 Va 5% *37% >37, > " 38% V 10% *47 49 '99 i/a 99 Va .'20% *18 18% ,: 5% 13% 6% Jun 9% Jun' 90 Jan Jan Haas Co common—20 St 9 • 38 Va > ■42% 5% :•• 15 15% 38 *37% i 20% *19% ■i. 19% 15 38% 39 Safeway Stores common 5% preferred L 4 i 14 19% .15% 15% 38% 41% / 5% - *47 106% 107%;' / 20%;.; *18 18% 5% Ruppert 10 78 77 ■ *37% series A—100 Works Inc—;—1 10 33%- 38 Va . 49 "98% ^ 98% 107 Va 20% ' i—— preferred 38%' *47 ) 98%,/ 107 Va 423a *18 *19%. -49 3 4 93% ; •21 40% 42% ' 49 *47 , 107% 21 18% .18% 5% 5%» -. a. ( 98 107% 21 42% ^ com—1 —25 107 49 98 " Ruberoid 9 31 41% Jan 87 Nov Controls preferred-'^ Royal Typewriter—^ -'61% Sep Jun conv. 23 Dec Apr «% 33 Ya Rohm & 4% ; , i20 97% 21/A Ronson Art Metal 39% 109% Apr Inc.— 19% Feb. 21 ¥2 35% May Mills Minee - Preferred calie! Mar 31 . Copper 3< Jun Jan 4%% 5 1 Corp—.I™._No par l_s>. aNo par Oil 3 19% Nov 10 x20 100 Company Antelope Robertshaw-Fulton Mar 30 37 10 y4 Jun 7% Richfield 38 38% 38 % 38% - *47 -49 107 Rob bins Dec ' series— 24% Jan 12% - feries_T—aa_100 Manufacturing, Co_-^ 38 Vs "• ' *47 4.50% Rltter 17 38% '38 ¥2 • . 10% - Preferred Roan 31 10 lo 11% *97 Rheem 27 Jun 37 ' —— 3.60; '5% Jan. 11 Jun 7¥i 21 11% 1 Preferred 43% Mar 33 15 y« . - ' Mar 15 22 x3% ■"! Reynolds Spring Co Reynolds <R J) Tob class B_z Common a 1 7 $0 99 ¥» Mar 31 Sep Jan Dec 39 % Jan 20 3. 40 85% 21V* Feb 5 42% Mar 108% NOV 12 1,600 Volume COMMERCIAL THE Number' 4895 171 FINANCIAL & /j CHRONICLE (1371) XS iniiii-rfrtwr'T- iiiTrir-'rr - NEW YORK RECORD STOCK ' ' Range for Previous > STOCKS NEW Range Since Jan. 1 Highest Year 1949 Lowest Lowest Highest YORK LOW AND HIGH SALE PRICES STOCK Saturday EXCHANGE Monday Mar. 25 Mar. 28 -""Trlday Sales for Mir. Si Thursday Wednesday Mar. »9 Tuesday Mar. 27 the Week Mar. 30 ' S per share 20 t per Jun 12 20% Dec 25% Jan 101 Jun, 48 Jun 38% 183% Jan 24 Jan July, Oct 94 Jan 24% Janr 9% Jun! 9% 3 15 47o 28 10 100 Dec 31% Mar 29 34% Jan 9 14% (Jan \)ec 12 18% Feb 14 Jan 3 .12 Vi Jan 13 ■ 3% % 7 preferred Stevens <JP) 14'/a Jan 7 ;17 % Mar 16 18% Jan 4 .20 y» Jan 13 23% Mar 23 23 Dec Jan 13 30% Mar 23 Studebaker Dec 45% Jan 13 71 Oct '8% J ah '3 10% Mav 23 Sep 95>/2 Jan 20 Feb;'Jun Feb# 9% • Jam- 96 26 Mar 99 Sunbeam 7 66% . Mar 14 X122 14' Jan Class A iVsl-% 9 s Dec 10% Jan 25 13% Mar 31 Jan 163A Jan 30 20y2 Mar 31' 19 Jan 25 33% Mar 31 55 'Jan 25 603/8 Mar 23 Sunshine Corp 19% 20% 19% 19% 49'A 49 5A *48(4 49(4 *49 28 *28 28 V2 *28% 14% 14% 14% 14(4 600 38 (4 38% 38 38(4 7,900 983A 98% 98% 98(4 48% "28 28 $8% ' July 16%- Jun 21% 36% Feb 60% Dec 7% Mar 12% Sep 127 Jun 11% Nov £36% Dec Jun.- 8% Junj 24% \ 28 28 (A 38% 38% 9938l 99% 99% 99% 99% 32 325a 31V2 32 31% 31% 31% 31% 31% 31% 4,300 16% 15% 17 16% 17'/a lHVd J«v, 16% 16% 33,800 32 % 16% 12% 1 12% 12% 12% 17% 17% 17% 500 23% 17% 22% 17% 22%" *17(4 22% *17(4 23 22(4 22(4 12.500 2b % paiy 2&1/2 28% 29(4 53,100 941/4 64% 64% 600 10% IO1/4 10 10(4 5,800 30% 29 30% 64 66 63% 63% 10%- 1034 " 10 3A 99 5 10% 99"'. ' ; 1%% ' 29 Va 12% 30 29(4 ' 4 "97% 3% Jun.- - "79'A ■ 63 10% : *97 y2 30 63 .'63 63 ■ 10% , 99 99' , 10(V" 10(4 ' - ;; "61< 6134 ' 120% __100 • 61 1 120% y - 613A 120% 61 61 % 69% 61% 120% *61 *120% 13(4 13% 13% 19%' 19%' 19% J 21% 22% 22 59% - • 120% 60 < 60(4 9% 9(4 120% 12%- 12% 12% 13 12% 19TA 19% 19% 19% 19% 21% 21% 21% 21% "59%, 59% 59% 59% 9% 9% • 25 -12.50 Co_ : 10c California—25 Steel*. Corp„_ Sutherland Jan 13 37% Mar 23 Swift & Co_i 19% Jan 23% Feb • 9T 4» Jan' 74 10* 83% Jan $41 * 11% 41% 10%' 37% .. 14 ■<., ;14V^ .! 21'%• -22%- J "80 " 5(4 Jan .;3 : 6%-; ^Symington 'Gould-Coil?——1 ry7% Mar 30 * 13% 81 6% S' ■ 121 121 13% 13(4 93,400 20(4 19(4 20% 9,500 22% 23% 23 23% 10,200 59(4 59% 59 59(4 9(4 8% 9% .1.3 'v J . 6% iV- : 110% 41 10%; 10% 37%* 36% 13% ' r.v 4 * 7Yd '' / ■ ■i i i 83 " 83%- 6% r- 7,900 - 4,200 36,800 23% 53,900 170 83 43,900 7(4 6(4 - 80 >* 15% 22% *82% 7 ('2 5oo r 37%. 3714% ■■ 83 7 11% • , ' (._• '• 7 : ; :■/ ' '' ■ '-"V1' > - '» -- ' '•: • .% : 11% Jatt'.-,9 Dec iV' : 7: Mir 27 Dec; 2%: a. 13% Junt Jun 6% 18 Z > Jun •16% 26% Nov r jun:; 58% Dec •25% Apr®; 4% .' 35 . 1% 14.- 14% 6' Nov' 34% 84% Apr' 13% Mar 9 / Jun »' Oct 107% Dec v.,,19 v : 13 ;; 5% Feb 42% Feb 6 6 3 33% Mar 17 Highest. 1;., $ per share ; Jani 16 3/4 Dec 143A Jan 10 Jan i 17(4 Dec 16% Jan 16% Feb 15. 9% 6(4 Feb 18 Jan' 4% 3 Jan 3 25 % Jan 10 37(4'Dec 34% Mar 23 36% Jan 103 Sop ; ,/ 10(4 4 Dec 6% Jun 10% Dec 46 .Jan 103 • Jan I ; 5 :• 53>'' 38% Mar 21 Twin 6% Mar 30 conv Feb 21 11'A Jan 20 Udylite 7 44% Jan 17: Underwood 3 13'A Jan 10 Union Co 39 Nov 10% Feb v y 19% ■i 33% i < / 31% Jun 94 112 Jan V 86(4 * Jan Jun 41% Mar lll'/aFeb 96r 73(4 Jun Apr 303A •17% 70% 21i% 22%' 4' . ll%' *38 4034 4 • 7% .1 57 v: v, • 18% — •*12% «• 56(a : 18% •;., 7% 18(4 54% 55(4 w 4 57(4 ' 100 X:,f y7" *./ 24®a 345a 16% *y: 18% ' ,*16. 108% 16 . 17% *15 (A ;■ 10% 11% 11% 11% U3/8 10% 11 21% 22 21% /21% 21(4 21%- 35% 35% 35 35 35: *100 103 *12(4 j'"' *37 36"; 36 37 37% 5(4 *5 V 5 5% : 4% i 5 Jun j" 34% 35 % 34% 34% 5% "f 6% 5(4 10% 10% 25(4 Jan 13 28(4 Feb United . 93A 38% *40/ : . 3% Oct Jun . r 42(4 Jan 25 38% Mar 27 Dec 40 Jan 17 53 r Oct Jan 42 3/4 Dec 55% Dec Cbrp—No par *•471/2 48% United Cig-Whelan Stores com—30c 12- '3% 12 Mar 6 3 19% Mar 6 United Electric Coal Cos 40 (4 Jan 13 531/2 Jan > 13 61% Mar Fruit United 19% Dec 17(4 Feb Dec Sep ' 11(4 Mar 30 ±7 J/a Mar 30 ' 19 y» Jun 19 26 Jun ' Dec ' 30% 13 110' Jan Jun Oct 182(4 Jan Sep 8(4 Jan 43-5 May 57 Jan < Apr 26(4 Jun 9% Dec 15 (A Jun 113/4 Jan v 46(4 Jan 22 Oct 3% i 30% Dec 4 Paramount - Jan Jan 123% Mar 189 U Mar 24 4 1 > 1% 2 4%fo * Oct 18/ Feb* 15(4 Jan.,3 Apr 38 Jun ..'49% Jan 52% Jan 72 Dec 69% Mar 21 footnotes see page 20. , 72 >». Mar U 4 8% Jan y 9 49% Jan 10 ya: Mar 28 38(4 Mar 23 8% 3 U S Leather Class-A S Lines Co common 58% 7,300 18 18(4 42,500 #7% 26% 27 »A 26% 26(4 13,600 187% * • - conv Co *186 ——1 30% 29% 153/4 - *53 118 187% " 11% 11% 11% 11% 18,100 17% 17% 17% 17(4 24,100 1734 17% 17 17% 17 171/4 26,500 29(4 6,500 - 12% 36 y« 37%./ 16% 16% 16%/- 8% 39 39% 39% *70% 8%,. "39% 71 K r 39% ♦70 > - 29% *ioiy4 13% 117 116% 117 186% 186 186 130 10 1,200 10% 10 10 53% 53% 23(4 24 12 12% 36*4 '36% , a 39% ■11 * 16(4 . 600 15 186% 54 ,16% . 102 116 (A 18634 10'A : 15 " ' 118 i86y8 . 12 36% a 29% 101% 15V4 24(4 >16 % ./ 111 " *100'% 15%'' 53% 11% "8% 101(4 10% *23% 24%' 12 k 29 30%, *100% !»% ' 54 *10(4 233A 71 29% . 187(4 *♦53 24% v- 118 116% *186y8 11 54 12% ' 3034 15% 153/4 . ."■? 2,200 xl7% . *100% 101% 1634; *70 18(4 / , 11% 11% - 18% •18% *8Va • - . X17% 12% - 183/a ' 101% 10% 11 37% ^ 375/a preferred—-— No par common: 11(4 27 27(4- 27% > ' 54 24(A- M2(4 No par 72 *70 .4 , ' *53- 100 No par %. preferred—— —10 U 8 Pipe & Foundry Co 20' U 8 Playing Card Co——i_10 * 4% 1 58 18(4 18%'- ^ 230" 3,600 58% 18% ^11 ; 17% 18% *186 73 4.300 ? 58 (a 18(4" 5 190 104,000 4 11% 18 % 18% 153/4' 3(4 11 59 18% 117% 21,600 17% 18% 16'A 600 3 58% 18% 117% 52 46(4 18(4- 1 415% 2% *45(4 59% 12% 117% / 18% 28% 20/ 100 52 ' 59 12% par 2,900 451/4 27% 29% 37% 16% 12% : 37% 44% ■'72 ' * 4100 2,200 16 Va ' • 42% Mar 31 28(4 Jan * 9 >16(4 preferred U S Industrial Chemicals >■ r ./ 1 U S Hoffman Machinery com 25% Mar 20 •14(4 Mar 31 Co common—preferred /__ 70 140 , 7(4 72(4 19% 303A 11 3,900 321% 110 • 300 16% 273A 101 4 3% « 4534 / 30% 3 45% 11 ' 11 ■; 51% :■ : 7% •z 37% 45 (4 4 3% 11 2% 3% *108% 7%: 31% 53 46 32 % 32% 110 7% 37% 38% 19,500 16 83% 12% 12% , •r *198% /•'• 73/4 4i 2(4 15 83% 32% 31 51% 15% > 83 14% 16% 18% *100' 300 109 44(4 27% par *108 109 18% l No —No • 1,500 45% 18% No par 8,700 , 16 59% U 3 Gypsum 54% Jan 10 . 10 Foreign Securities S & $4.50 1st preferred U S Freight Co__ . 1,600 26(4 45% *70 45% : 32(4 26% 16% 59'A Theatres 51(4 32(4 46% 45% 19 *51(4 26(4 16% 59% . 3,500 45% 45% 10 86 32 *80(4 : 108 (A 108% 37(4 - 11 - 12,300 27 % 84% 17% ..72%- ,< 591% of interest-— '.v Certificates 12, ,11(4 Mar 23 Mar 11 8% Jan United 17 3 17 Ya 3 23% Jan 4 10(4 . Jan 16% *45% Merch 105 23 187 / Jan.. United - / 31% Mar 23 Mar 31 Jan Dec 9 ,, 10'A ' 17% 171/4 Improvement Co—131/! & Mfrs Inc„ 1 21 24. Mar 18 '17% : Jun f 175 160 116(4 Jun X89% 27% Jan 25 Dec Nov United Gas Feb ' *70 73 *71.. : 5 Foundry Co__ 14% Jan :29. 17,.: Mar 30 .25% Dec 102(4 18% Feb ' 94,' Mar 17 4% 10%- 770 105 27 51% 109 15% f 73/4 4 4 .:,!•: 3% 10% 26% 83% *45% ' ''70 953/4 31% /■ 109 • 46 105 r i 130 102 51% 51(4 32 32% / '49( 4 ;> : 25,600 113 % 26 51(4 3% < 48 86 44% , 95% 27% • 3,200 3,200 5,100 43 105(4 26% 12(4 *98 96% 83 14%" 7(4" 38% 3 46% ' 28(4 113 102 105(4 i 83% 32%" 48% 3% 3 45% .■ ■ 44%« 43% *98 *95% 86 f 12 y* 12% 29 *H2yr 113 27 %Z , 3,000 28% 43% 12'A 105% 26%- v 108(4 38 ' '■*47% -48% /. 11 11 5 United Gas Corp 19% Mar 22 26(4 Jan 27 :133A 38%' No par United Engineering & < 6 7% 38 • 42% 28% : 96 34 C 109 15% 7% 4% z.'4 (The) • 46% Mar 28 > $3.50 convertible Corp 590 27,200 6(4 " 84(4 108% 471/4 United ^ 32(4 ... 8 3% 47iA 78% Mar 3 4y8 Mar 17 1 f ■" 10% 12%: 313A 109(4 *83% • 109 8% 8% 14 3/4 ,15% 85%". *108% 38% 16 •26% For Fastener United-Cart 109 ? 26% "26% 109 (A 110 32% 32V4 *108% *38(4 11 Feb 7% Jan / 15% 85% . No par Co__ Carbon Mar 29 16 July ( 6% 32 No par preferred ' 93A Mar Z • preferred Biscuit of America United • 15% 86 15% '85% 8(4 Jan 3 9(4 Dec Mar 50 3 3% Jan Jun cdmmon_i_10 —:——100 Lines Inc 64% Jan 44(4 Jan >' Dec Jun common: preferred^ 100 without div/—1 United Dyewood Corp common:.—_1 7.% preferred —A100 Sep 3% 34% Jan *109% 27'% 26'A 1103% Corp No par United Board & Carton Corp 10 Mar 29 .4 2%'Mar 29 ' 26% $4.50 28 Jan 26% *109% 4%% 200 42% 10% £ 4334 Of 29(4 105 ' 5 United 4 28 9% Jan .7% Mar 28 Dec Jun Feb 86 5%■ convertible preferred——100 28 33 Z Mar 29 ,34 47% • Feb 87 110 »400 1,200 10(4 6%' 85% Dec 3 4,200 16,500 . 102 35% 27% 513'a 7 : / "■ 86 32% 22% 12% '27% 85 (A 51 x44 (4 - 27 86(4 32(4 70/ 18y0 27% 1051 51(4/ 14(4 Aug 16 105 27'A 1043/4 V. 33 26 *101(A 100 r 2iy8 35 103. 16,000 ! 11%' 96% ' 66% 105 ' 32% 30(4 Jan : • *95% 51 United Air 21% 35 11% 44% 44% *112 W 113 Z : 1 102 '/ / 513% 80(4 Feb Dec ' 27% 102 86% 106(4 Jan Jun 3% 104% 27% . 113 323/4 27 10% 21% 11% 12Va •I 44% - *98 32% Oct - 45" 104% 44% *112(8 95% 95% 96% —25 /• 112% 102 *98 102 "95%' Unicn Pacific" RR Ca common-/-_50 Mar 20 940 *11% 29% ,29% *51% 16% Feb 1083A 10 34 11% 43(4: /' 11:2 (4 ' • non-cumulative preferred—50 Dec Jan 3(4 *98- 45 44% 112% 29 Union Tank Car Coj;.—1——NO par Dec 29% Jun 40(4 A 45 112% 12% - 34% Mar 20 112 108% 35 - 102 102. xT034 43(4 '44(4' 12%: 29% 52% Feb 85% Feb Jun 29% 3 106% Jan / 191/2 2(4 .12% 29% 44 % 44'A 121/4 29% 9 31% 61% 29% 44(4 '!12% *43% • Z' 10% :ii 10% 103A 10% 10% Jan 3 23,800 35% 5 ; % 31(4 Jan 13% Jan 25 9% 11% 11% •1 / 102 11% 37% ■ 102 12% 11% 12 3A *100 102 *100 " c': 9% 10 34 20 % 35 (i; *35 35% Z 16 108 11% *35 19(4 9% 108 22% y .17% *15% 9% 103 ('4 108 109 109 21,500 16% 16 *15% 10 9% 11% - Shares 16% 19 173/4 18(4 Iff v. 21%. / sale# for the WWk I per share 16% 16% 16% *15% 10 50 i 106(4 Jan 5,900 ' 16 3A^ , 9% 108 (A 108% - 18% 10% 93/4 109 163/4 82%. Jan 25 Oct 34% Friday Mar. SI tper share I per share 17 Jan Oct 34 3,500 ' Mar. 30 17% 18% 16 10 / $ per share Feb 109(4 40 s 14% Thursday I Mar. 29 16% 17 418 I6V2 9% Wednesday , Mar. 28 Jan / 14.3/4 14% 33% 2 Jun 90o 14,500 24(4 ■ 16% 18 (2 44% ft 30 '6,700 3(4 34% ' 14% 33% . Tuesday /, $-per share 17 —No par series/^: Aircraft 2,300 ;•• *106%. 106% 14=4 33% Monday I per share y 112% $4 24 3% ' 25 ' 106(4* 14% 27. < 600 4 1 34% 106 3A 4r :No par Preferred 4(6 .1,500 99(4 "*33(4 3%' 34'.' 14%/, 1 Mar. 27 —No par series Union Oil of California.. 25 . LOW AND HIGH SALE PRICES :No par Paper Corp. & Carbon Carbide $3.50 89% Mar 16 ,1,5^0 4 7(4 :*98 100 '3% . 33% 34% 40% I ' 7s;y' 414 -*40 18% * IOO 2,300 ., ' 6 (4 .6(4 ' 57% 14 3A"' Mar. 25 5 Co Preferred 5 13 710 41(4 40% 4' ./. 1 334 1,300 13,300 15% * 6(4 *7(4 ;/ 7%: '""734:;./ - 3iA. Saturday No par ——— Preferred 27% Jan •13(4 12%* 18 34 '' 32l/8 -32% ' ' z Un El Co of Mo pfd 1051/4 Mar 29 11% ; 39 *40"' • 2514 34% 5,200 6% (4" '''' 100"- 100 ■ 4(4 : 3,400 10(4 - .? 38 / 6,100 49(4 49 V 30 24 11,000 57% 56% 11%s ( •' 96/ Jan 23 4.200 21(4 10(4 15% y 1234" • 6( 4/ 18%- J434 !• 14% 1 30 30 16,400 70(4 "Z 20% 15% 10634 $4.50 ser„No par $3.70 series: No par Jan 2H.700 18(4 70 49% 36% Jun Jun Union 64(4 13 ! 58(4 50% 51 ?A i 10(4 4% ' 9 H.31/4 Mar 31 ' 2 25% Feb Sep 104(4 103 29% Mar 23 453/4 Jan 9 63(4 21% 21% 1,100 1 18%/ 69% K>% ' - - 13 249A 1 & Rubber 400 1,400 } 63%' 19C«Z 60 50:/ 86 .89.3 ; Dec 203/4 July 13 Corp Asbestos Union Bag & 96% Mar 29 103. -48: Jan 901/4 Jan Aug 32% Jan 26 3A Jan Jan Nov .94 j 12 Dec Aug 96 , ; 253/8 f 45% Jun £ Jan 107 41(A Mar 12%: Apr . 64% 64%'*; ' 5 (The)i-— Corp • 5 18 *43/4 -'17%; 18 18%.. U 10 ■1 5 ]84t 64% 22% ',r 12% *106 "A .—No par i 12% ' *12 i 12»A *4%' :J 7 , 39% 251% 1 x. >" ' 15%/A • y 6 Mr *40 ,■ 351/2 25 No par Transit com__No par prior preferred———50 Coach 7 » 10% *106(4 106% Twin City Rap 3 4% 35; preferred $4.50 prior 5 12% Mar 18 ' 5 18 •• "• 58% *99i. 100 _5 : 59 51 ■ *12 % 19 *58- 20th Centuiy Fox Film com—No par $1.50 conv preferred——-No par 6 - $6 preferred Truax-Traer Coal Co 18 4. 4% Jan Jan 8ya 6 5 29rA Jan 18 34% Nov Jun 1 Jun 4 Jan 8(4 Jan 102 Nov 4(4 : - . 7:/ 714 U 7(4 2 Tri-Continental Corp common 28 12% Feb 20% Mar 30 Dec r Jan r 24 109 Va Feb 104'A Jan Oct Jan Corp V—- 60% *.*t ■ 12 1 4.% ,*185a Transue & Williams Bteel——No par 103/4 Mar 23 25 (A «■ 32% Jan ' 98% 8% Jan Dec 7* 13 15(4 9% Aug 19 y8 MAr Transcont'l & Western' Air Ihc 27 Jan 11 ' 108(4 Feb 98% v f ■' Transamerica 20 y* Feb 3 Jun 1; /'■; .V /' <.' ,70(4.., 70% ' " ■ y'} ,,// /'/ Par -■« ' 38%' ,4034 434 ■>i:: STOCKS "/;■ •/•/ /y;, // ■ :;T NEW YORK STOCK *y y/y,y/. EXCHANGE 72 5 18 ' / 64% /. 1 71 412 " ' 7 .;H8%*'49%r. 22 - 6 *40 1; 17% Feb / 4 13 - / $ per share t per share ( per share 10 .11% // Range Since Jan. 1 Highest - 151/2 •{ 13 % _50 —Nopar Timken-Detrqit Axle__ y—5 Timken Roller Bearing——No par . . r 64 • / .7 1214 12 V-: 12%v 22% H*-/' 10% 151/2 *12% $3.75 preferred Lowest / • 49% 1234, /' 6' Tide Water Associated.Oil com—10 36 Va Jan 4 59 r 39 % — 25'A MAr 24 106% MAr 21 5 10% Fair :—£i.—__—_No par Thompson'((J. R) ——15 Thompson Products'com—No par 4% preferred 1 r_100 Thompson-Starrett Co coni—No par $3.50 preference No par- 27 v; 50% 12(4 *39. 1 ./ 6034 50(4 .10% ,*i5(% , commonl—5 Thomas Steel Co. (The); 16% Jan Year 1949 *60'4 100 preference——No par conv " —— 72% k-y 21% 22 V* " /.' V f 7 y L: I Ry Co.. 18 (A... 18% t 22 ; *12 C 641a-■'t 64 ., • 72 fThird Avenue Transit Corp_No par Range for Previous - Lowest . Thfermoid Co commOh——— $2.50 convertible /preferred., ; Mar 17 y Mar 100 . 14% Feb / * certificates— share & Pacific $2.40 Thfe 17 '5'/ Mar 20 19% Jan 11'7% Jah 10 59% - 3% Mar 27 105% Jan '43% Mar 32% Nov4 . 32% Mar 27 22 Jan 3 Jan , Jan Land Trust— Thatcher Glass Mfg Co v 7, •- Mar^ 6 40% Mar 20 ; ' 5: 13 ;Jan 13 94(4 Jan 4 ,40 Dec C 25% Jan •'/ May* .4 . Mar 31 41% Mar 31,, 52 Dec" Dec 4% : 7 13%. 18% 72%... 72%:^':; —50c ' Tetjon. Inc common-:—L 31 / • : f- $1.25 conv preferi-.edJ^.!—No par 16% Jan ,-j - 64%- 10 Pacific A ."..12; 12 /'*$*" i't • / 5'.,,/.5 % //;. *''"'5 ' .'•>•5 18%. 18% Y/i t-17:3A''> 18'-.;. t -64% .1®%' ' - 12% Jan. 31 13'A Jan 3 ; 17 % Jan • >95 2% May 1023/4 5% Jan Jan •^56% 23% May ; 19% Jun Pacific Coal & Oil Sub ' 6 36% Jan ■'■"i Jun Texas - ; Texas 123/4 jan /3% Jan 20 —_25 No par 51%' Mar 23 14 30% JAn* 3 v Oct >7% Jan •. '•„n7%^;18% Cofp';£-^!k3^— Gulf Producing Co_*i—.^--10 / Texas Gulf Sulphur—— •;;'23% Jan,/ 9 ^7y4Jan,;;;3V1 6% Jan Jun' .v Texas 121'8y 13%/1 ri ;-9 Texas. .Co . Mar 28 3 i1 / 61% Mar 22 Feb v4fVa.Oct? Jun 19% 10.% Mar 23 14% Jin; ;3 f ' Jun : Mar4 ,Z- 44 32% Aug . Dec 12 64%' Mar 28 •74 % Mar 17 3 533/4 Jan ■ 11%. Jan. •; 15% Jan : 'i.t 8%. Nov1-! 13% July' .18%'. Feb ;27-'/^. Tennessee « y 20y* Feb 16: - , / 4% Mar i Dec : 48 36 y Jun 8 - i Jun . * >iS ' ;:■!? ;33% Feb *'• Texas Jan 69 70% Dec 7 / • 15% Jan 13 -h ' .-P ^ j ■ ' 1 12% Feb Tfilcott. IbC; X "/;6% Jani- 3^ A Telautograph- Corp . 17 ':'i Jan. '3? 59% Jan 25 " Nov /18% Nov s. 'Jun: 56 * Jun£ "v,: 65% Nov 48% .11%, . f 14%; 15% :22(4'- 233/a 14%' - 22% : 233A '" •83% r"-6%0. 6%'"- 11% 37- 3,000 40% 110 110 11(4 83 •- 10% *39(4 40% 110% 23 (V 21%'' *82 81% 2,800 10% 10% 41% •36%' 37(4" 13%-'.' 13%" 23% 9% 10,400 240 235 1101/4 ' 1,700 9 8(4 240 1034; 1034 36% 14 y« ... . *110 < 240 10% 41% f 90 13% 19% 244 l: '* , 900 121 120% ' 60% 10% 10% 41%' p., iyy.•;V" ,10 61% *60' 61JA *120% - 22% 239 112 *10%' 37'A* ":/■ 6% I-"-' 10% *41 *110 - 21% v 81 240 '41% 10% 37;.': v.- 235 ■ 111% 10% . # 93/a + , 11% ; *41 *110 V •- • _^__NO par 240 -10»/a v 103 8 37% —_25 preferred' 240 *110/'; lllT'a 't r Swift International Ltd2—i_^——_ "6 3* Syl'variia Elec Prod Inc cbmriNo par 15% Mar 19% Jan ^3 '••"T/'Vf • • • "41 10 11% Mar 31 235 "11 50 Paper C0-----ii— 9% 231 4%% ;4 .34 z Mar 9% Mining Superior Mar 13 100% *99% 100% *99 99 3,700 4 10% Jan 6% Nov • 27 42 % Mar 16 112 4 12% 12% 17% 12% 22% 1 120 22% 23Va" .V| 30 % par ' ' 17% 13(4 "17 3/8 '■ - 23% 13 17V2 23' ' 14% ' 15% • > 13% "17% 20 1 Oil of 200 99% 25 Superior 23 *14V4 I434 38% common— • 100 38 % preferred it.-— 100 Sweets Co of America"(The)—4.16% Jan Sep \l< 89 12% Feb 11 Jan' 107 ■ *12!i Feb 17% Aug 76% Feb : 4% - . 15 Mar 29 244 3 v; 9% Mar 30 Dec t Jan * 38 Dec 108% Feb?, 7% 27% 195 14% Jan (41% Dec#; Jun 106% 8% Mar 30 - ■ Dec 227 - 8% Aug 30% Sep 300 *14% preferred series Ai ' prefen-ed series B— 4%% 11,300 49(4 *49 49(4 ' •15 5,200 1934 19% 14" a 1 Sunshine Biscuits Inc. 1-1% Feb Sunray Oil 20 Va 383a' 15%' ii.!* preferrAdi 11% ' Jun: 19% 14% 32% J____N6 118% Jan 20 Ve ' 27(4 27% 102 38% 5 t_ Ddc 1934 27%. 14 34 No par -17% Jan? 1021/4 38% $4.50 series A preferred-!—No par Sun Oil Co common—___No par 62% Mar 24 % Feb 15 55 Oct 122 Corp *101% 28% 15 —_ t Corp 27(4 1021/4 99% . preference. 27% *101% 14% "99 % ,,^un Chemical Corp common— 4 Feb: prior 27% 102% 38% ' ._100 Stokley-Van Camp Inc common 5T> Shares $ per share 2734 *101% 2734: 1 ; Stone & Webster tper share share 27% 102'4 27% 49% "28 S per $ per share "101 y2 5 <fc Co- Inc Dec S per share ■ • 20% "48% No par Stewart-Warner Corp —• Dec - x 27% 20 50 L S . 27% +101-%' 102 »A 1 common preferred (The) 52 16% 28% 9 Co 18'A 13% Jan* 52% Spring 21% Jan« Feb 117 Steel $ per share 10 100 Bros; Stores: Inc Sterling Drug Inc common 33% ► Ohio common Sterchi 98 - Mar of convertible Starrett 5 Jan 39% Feb 21 Oil preferred series A Standard Jail 1001 12% 90: 1 12 3% Jan 36% Jan 27 "Feb 3%ft 1 32 Va Jan 26% Mar 41% Aug 15-% 6% 50 % Mar Par .•- Standard 2 20% Mar 18 6 Jan 48 share 102'AFeb 21 Jan 13 10 35 $ per '' 27% Mar 23 4 Feb Dec X27 ' Oct Dec Jun, 40 t per share share 27% 102% 96% May / ' *8 37% 7 42% 2,100 141/4 39% 16% 39% 70% 70% h ' 300 23% 12(4 16j/4 8% 71' '4 23% 13(439% 39% 16% 40 11 24 12(4 23(4 - 3,500 54% 37% ' 39% *9% *53% • 8% 16(4 "8 39'/a *70 22,100 T 11,330 5,800 16(4 8% 200 39% 4,000 71 200, v i—TiTuma 20 THE (1372) Range for Previous CHRONICLE LOW STOCK YORK Saturday r EXCHANGE i per share Par . ... SALE Mar.,28 $ per share PRICES 6 Wednesday Tuesday Mar. 27 > Monday, April 3, 1950 HIGH AND Monday Mar. 25 t per share S per share S per share Sper share NEW Lowest Highest FINANCIAL & STOCKS ' . Range Since Jan. 1 Highest Year 1949 Lowest COMMERCIAL Mar t per share * * per Fridav Thursday 29 Mar. 30 * share Sales Mar. 31 t per share for the Week Shares S per share ' 19% May 30 Dec 24 82 93% Nov 95 Feo 20 43 Jan 37% Jan 3 133 Jan 126% Jan 18 Apr 313/4 Aug 112% Jun 46% 33% Oct 62 Oct 72 2074 Jun 26s/e Jun 1407a 97 Jan Apr 40% Jan 8% U S 20 68 3/4 Mar Jan 4 1427a Mar 28 Jan Jan 22 Nov 21 4 22 Feb 383/4 Jan 447a Sep 41% Jan B 44 Feb 674 Nov 574 Jan 26 87a Jun 113/4 NOV 103/s Feb 9 92 Dec 9274 Mar 30 4 Jan 80 Apr Jan 26 7 47. Jan 11 27% Jan 9 100 74 24 7a 97% 131 25 423A 417a 131 % x24% 253/4 97% *95 1313/4 413/4 131 25 Va *95 97 42 7s V, 34% 3372 34% 64 72 64% 65 7« 64 31% 32% 313/a 3274 142 No par 131 64%' 32% 142 142 ■7:142 34 Y 142 7a 13174 1,670 33% 33 74 34 64% 64% 64% 641/4 317a 30 Va 31 140% 140% 140 674 674 674 67. 10% 103/4 103/4 103/4 10% 10% 10% *94 7B 967B *94 7b 9572 140 14274 674 21% 21% . 131 »/4 132 17,200 30% 6'4 2174 '\>. ' 403/4 327a 433/4 217a 7,200 1 977a 40% 347b 213/4 21% *95 647a *6 7b „ 33% ' 41% 33% 433/4 , ' 1311/2 26 25% •» 97 39% 31% . •2172 preferred__25 *95 64 72 34 142 25% 25 7b . 42% 131 74 417a 132 64% 100 non-cumulative 423/, 1 24 24 *95 32% '■ 50 No par United 8tockyards Corp. 1 United Stores $4.20 non-c 2d pfd__5 $6 convertible preferred No par 10 Mar 30 1 50 com_ preferred 7% 42 7B 100 U S Tobacco Co common 21 67. Mar 21 11% Jan Smelting Ref & Min preferred 7% Mar 23 4% 187a 1st preferred U S Steel Corp common 327a Mar 23 139 10 25% 973/4 ; #r-5 100 common non-cum *2574 _1 common.. preferred series A 7% 6 x6 Plywood Corp U S Rubber Co 2 25% Jan S 3%% 10 1333/4 Mar Mar 23 x64 Mar U 3 Mar 13 44% Feb 337. Mar 31 Dec 1293/4 29% Jan 74 Mar 27 21% 21% 217a 3,800 1,200 119,600 < 1407a 4,100 21% 21% 1,900 • *44 , 44 7a *44 44 7a *94 % *44 957a *44 4472 *94 7s ■i 11 95 0% 107'a 9274 44 7a 40 61/8 2,000 11V* •44 447a -67B 10% 6% 13,300 67B io%- , *92 941/8 200 94 ■■ 23/4 Jun Feb 21 3 74 Feb 27% " Oct 24 15 127a Jun ,177a Feb 97a Sep 19% 25% Jan 170 Mar 7 Feb 123/, 437a Jan 64 Deo 25% Apr 17 Jun 1 9 Universal Leaf Tobacco com__No par x25 16 Mar 31 61% Jan 27 53 20% Feb 14 Jan 10 Feb V 13% Jan 12% Jan 3 20 Jan 25 Oct 20% Jan 2« 91 Dec 98 • Y 47 „• 100 Jan 5 Jun 82% 9 11% 98 Jan Raalte Co 14% Jan 9 Vertientes-Camaguey Sugar Co 6 Vick Chemical Co 100 8 Mar 28 Jan 23 6% Jan 27 8% Jan 11 Jan 27 96% Jan 11 18% Jan 96% Mar 22 Dec 79 Jan 101 15% Jan 20 Dec 18 22 113% Jun 118 Feb 115 Jan 18 117 14% Jan 20 Jan 26 Dec 23% July 32% Jan 27% Jan 28 Nov 33% Apr 28% Feb 28 25% Jun <33% Oct 31% Jan 23% Mar 30% 32 30 / , ' Mar 43 . Jun 5% *547. Mar 23 1534 15% 1.100 578 4% 4% 15,400 2372 *23% 17074 *1707s 10 10 23 24 23% 172 7a 23% *972 97b 9% 972 2874 273/4 273/4 *28 7b 9721 77 17 22% Feb 7 Va Iron Coal & Coke 4% 22% 2372 8.800 97a '9 74 1,600 2874 2874 1,-300 13% 14 7a 4.300 23 % 23% 2,500 133/4 14 1474 137s 14 13% 137b 13% 13% 23% 233/4 23% 24 2374 233/4 2374 237a *9972 26 31% Mar 7 *99 72 4674 i. 37 Feb 8 Apr 11 30 Mar 1 Vulcan Apr 31% Jan 11 34% Mar 28 Detinning Co 100 *100 102 *100 102 *100 102 4674 46 46 99 *97 98 98 77i 100 8972 217b 10 11674 100 21% *30 / 3072 /+?', 25 *29' 2974 5 *35; 35% 20 preferred 2174 25 common *20 *2872 293/4 *3474 3472 11674 *20 31 35 *28 7a *3474 7> 34% 58% 31 29 347a 57% < 21% 116 7b 31 *30 , 2174 * 2,500 46 % 50 99 77a 3.700 873/4 300 2172 15,000 290 11672 116 *2072 2174 7.31: ' 28% Y 29% 3372 ! 337i 29 34 a 77a /• 2174 "■ 30 7e 1 31 28% ./ 28% 800 2,400 500 33 33 2972 *29 293/4 2972 2972 70 *3474 35 *34'% .3574 7*3474 3572 50 *51 34 53 *33 29 % 34% <• *97 74 2174 *20 103 7» *86 88% 1167a 2174 46 30 103 *100 v. 77a 88% 2174 29 74 34 *29 .;7i 7 11674 31 7U 2874 293/4 21 y2 1167. *20 2174 ! 99 *9774 77. 213/4 3074 102 •; ;4672 ; 4672 89% 11674 - 102 *100 99 77B *8874 21% *20 29 Va 35 . 3072 *9774 77b <J. *100 *100 . 467b 8972 11674 2174 29 7b . 7 *88% 217b 11674 22 11674 25 4672 99 *9774 77b 89 72 20 3 Jan 100 10172 101 ■ 77a Virginian Ry Co common 6% preferred Visking Corp (The) 28 10172 *9372 <4674 101 *997a *4574 200 53 97B ■ 2374 907b pfd 10,200 53 133/4 77. com 230 10 »/8 23% 9% 287a 28% 800 237s 172 Va 9% 237a 23 % 24% 97. 273/4 *23 54 54 100 •170 7s 10 9% 54% *54 543/4 237a *170% 24 1727a 10 93/4 *8972 partic preferred Virginia Elec & Power Co $5 preferred 7% 15% 4% 574 257a *24 2374 100 10 17 1534 2874 No par com Jan 30% Feb 227a 16 4% '24 6% preferred dlv 237B 9% 5,000 *15% 24 9% 557a 33/8 374 3'/4 24 43/4 24 543/4 374 '>/, 16 1707s 56 374 26 2.50 Va-Carolina Chemical 6% 24 1074 *17074 374 *23 7a 4% 1727a 223/4 non-cumulative preferred—100 Works common 5 3'%% *23 7a 3 74 26 16 4% 10 *28 10 Victor Chemical 10 16 72 *5572 Vicks Shreve & Pacific Ry com__100 98% Feb ; 6 49% Feb Inc 24 172% 374 V? *2372 1074 Norman Van 4 26 *10 Corp of Amerlca__No par Co U 2.50 Van 7 24% Mar 10 *233/8 100 12 43/4 *17074 1 28% Mar x44% Mar 15 Jan 118 Jun 97% Mar Dec Dec Vanadium 474 100 com 474% preferred 10% Jan 23 Not preferred 24% Mar 15 3 24% Feb ll1/. May 27 Jun 8% Laboratories Inc Universal Pictures Co Inc 2 Jun Jan Jan 170% Mar 18 11% Feb Nov 33% 16 1 Universal 7% 85% 16 Universal-Cyclops Steel Corp 9 20'/. 85% Mar— 16 8 5% Jan 374 37» *24 16% Mar Jan ■» 26 3 9s/b Mar 30 374 *24 11 161 Dec 374 2 50 convertible preferred Jan 227a Mar 13 Sep Jun 156 4% 4% Feb Jan 33/4 United Wall Paper Inc common - 29% 57% . : ... W 60 % Jan Jun 14% Sep Jun 31% Nov May 105% Oct \ 12 25% 101 21% 6% 33 Jun Jun 9% Dec Jan 49% Mar 31 60% Mar Wabash RR 472% 7 preferred 13% Feb 7 30% Jan 17 Jan 13 7% Jan 4 103 314 10 Feb Waldorf System Walgreen Co common 4 105% Feb 11 Jan 14% Jan 32 17 4% 39% Mar 20 9% Jan preferred ; *577, 14 14 313/4. 317. Walker 10 (Hiram) Jun ..17% Dec 16 Jan 3 Jun 101% Dec 97 Jan 16 Jan 16% Deo 12% Mar 18 16% Jan 24 18% Jun 30% Deo 29% Jan 3 38% Feb 6 Warren Foundry & Pipe Warren Petroleum 19% Feb 1 14 Jun 227. Jan 23% Jun 1 25% Dec 24% Jan 28 Jun 14% Sep xl3 Feb 27 15% Jan 16% Feb 24% Dec x20 Mar 14 Jan 11% Apr 17% Not 14 3% Jan 572% 11 14 24 Feb 14 3 *13% 3172 10474 3774 10474 37% 497a 507a 30% 31% 31 *10374 37 3734 87a 8 . 13 % 31 V» 317b 10474 10474 13% : 104% 37 ">■> 36% 8 % 83/S 37% 8% *13 34 133/8 31VB 13% 10474 37, 8 74 8 14 *31 8 3/4 31% , 49'% . *103 ,300 500 14 / 31% 800 20 104 36'/8 3774 9,200 8% ' 83/4 41,600 18 3,300 1 18% 18% 18% 1874 18% 100 *10174 102 10174 1013/4 1017a 1017b 101'/a 101% ♦10174 101% 101% 10274 5 143/4 "15 147a 15 147b 143/4 14 '/a V 143/4 13% 14% 13% 147s No par 3372 3372 333/4 33 337a 33 33 31% 3374 31% .3272 4,600 17 74 •'>1774 4,600 preferred 18% 333/4 18 18 18 1/4 18 18% 680 7 81,600 17% 18 17 78 173/4 1774 177B 17% 177s 1774 1774 26 26 26 72 2672 *26 7b 267a 26'/8 26% 26 267b 26'/8 2674 1,000 5 13% 13% 1372 ■13% 133/B 133/B 1374 13% 13 % 13 Va 13% 133/8 1,500 Wayne Knitting Mills Wayne Pump Co 5 20% 203/4 2074 21 *2074 21 20% 203/a 20% 20% *2072 16% 153/4 16 15% 155/s 15% 15% 1574 1574 <1578 Webster 5 674 674 Corp 3 " Washington Gas Light Co Waukesha Motor Co 17% Mar 16 5% Jan 874 Warner Bros Pictures 9 15% Feb 87b Ward Baking Co common 18% Jan 9 26% Mar 24 11% 373/4 No par . 37% 14 *103 10474 No par G & W Walworth Co 102% Mar 31 *103 100 9% „ 59 *13% No par No par x87 % Xl2 *58 *317. 100 " 6% Mar 15 No par *16 1 Yy 600 21 1574 1,900 ' . 6% Oct Tobacco Inc Jun 27% Jan 24% Jan 13 28% Mar 23 Wesson Oil & Snowdrift July 84% Deo 83% Feb 28 85% Feb 8 16% Jun 23% Jan 20% Jan 3 23% Jan 18 $4 convertible preferred West Indies Sugar Corp 16% Sep 22% Oct 19 % Jan 13 23% Feb 25 West Kentucky Coal Co 27% Feb Xl9% v 78 23% Jan 13 25 West Penn Apr 115 Not 111 Va Jan 18 Feb 24 West Penn Sep 108% Jan 108% Mar 24 109% Feb 7 4.20% 108' Deo 107% Jan 109% Mar 24 25% Jan 104% 101% May 12% 17% Dec Dec Jan 13 16" Feb Jan 25 51 Jan 50% Dec 46 108% Jan 108 , 4 110 Feb 14 4 18 5ft' Y V- Lowest $ per 5 8% 21 $ per share Dec 7% Jan 13 Dec x39% Feb 16 97b Feb 24 16% Deo 16 Jan 3 197s Feb Sep 33% Dec 31 Jan 3 Jun 30 Jan 28 Jan 3 Nov 66% Jan 3 73 13 98% 24 19% Jan Jan 24% Mar 30 Jan Dec 30% Jan 103% Jan 6 105% Feb 18 Jan 22% Feb 16 2672 Jan 6 Feb 20 Dec 112 < 347b Mar 23 13 113 ; Mar 16 7v.v" 13%.,,./ 2.600 4774 1,700 *10374 140 227a 23 217a 23 25 257b 24% 2574 5 13s/8 Jan 31 Wilson & Co Inc 82 27 $4.50 conv 13% Jan 10% Jan 6 1174 Jan 11 Jan 21% Dec 19% Jan 3 227s Feb 25 Wisconsin Elec Power Co Jan 140 Nov 139 % Feb 1 141 35 Nov 32% Jan 10 39 Mar 21 Sep 49% July Jan 3 61 Feb Jan 11 6% Dec 16% Mar 31 72 Oct 69% Jan 9 73 Feb 27 Prior preferred 472% Nov 74 4 793/4 Feb 27 Prior xl9% Feb 24 68 Feb 89 Dec 83 Mar 29 89 Jan Feb 82 Dec 80 Jan 25 88 Mar 6 30% Dec Jan 13 Jun 12% Jan 10% Feb 10 39 % Jan 36'/8 Mar 14 28% Nov 26% Jan 4 53% 77% Dec 72% Jan 13 11 7b Jan 3 20% July 33 % Dec 31% Jan 13 3% Feb 45% Oct 4% Jan 6 *85 7a 115 343/4 343/4 33% 3334 *70 717a 72 7b *112 115 23 857* 35 35 353/4 35% 2,100 167a 163/4 167b 17%' 16% 177a 16% 16% 6,300 42 44 7a 333/4 33 *% *3374 137a 1374 133/g 1374 6 67b S7« 67B 57B 67B 534 517a 507b 517s *141 143 .10 3874 38% 10 50%; 503/4 6,000 497a 8574 36 333/4 213/s 497a 487b 86 443/4 21% 300 900 115 36 1374 *10s/8 *112 357a 4274 123/4 / 50 *337b *50 78 115 - 357a 135/8 133/B *112 233/4 857a 337b 8174 10% *23 4934 43 51% 26,400 104 104 23 74 867a 17 1374 3474 " 33 7a 1033/4 49% 16% *507a 12,500 48 34 167s *80 17,900 *85 7a 353/4 33% par 223/4 25% 2374 115 *13% £ 20 100 22 25 34-78 34 900 1,600 337a 7274 103% 23 *112 337a *69 727a *70 507a 35 41 1 34 V 867a 34 167b _100 Common 9 66 30% May 16% Jun 345/8 IB®/, 44 50% 487a Z 85 * 85 ' 100 •■•t 4474 4174 44 42 74 4374 337b 33 % 34 34 Va .347a 13%' 137b 137a 7/ 57J 578 507813% 50 5/8 5074 127a 13 8174 807a 807a 6% 13 7a' 55/B ;. 51 12% . 700 2,400 53/4 12,800 51 1,200 12% 1374 1274 1374 12 34 8174 807a 807a *80% *10 7a 103/4 *10% 107s 10 34 10 7b 1074 11 10% 215/a 217a 21% 21% 215/B 217a 213/4 21% 8,700 10% 21% - 13,800 ■„• 1374 215/a / 7 *80 *141 *37 7a 50 143 387a 50 3/4 *141 377b 49% 143 *141 377B 507a 3734 50 % 143 r . *141 143 *8074 *141 81 ' 200 , 900 4,900 143 373/4 *36% 377a 367a 36% 507a 50 7b 507a 507b 503% ; 13,000 1 6,200 1,000 / Worthington Pump & Machinery 76 16 .7 (.49 8674 10 com .... Feb 107b Feb 51 , 33% 10 Jun Jan 507a *85»A No par preferred 333/4 *70 1 Woodward Iron Cc Woolworth (F W) Co__ 3 337a 347a No par common Jun Jun 337a J7 1037a pfd series A____No 14% 44 34 347a common 10 22 33 1037B 1 $4.25 preferred Wilson-Jones Co 128 3474 5 Willys-Overland Motors 55% Jan 34 227s 20 4 343/4 345/8 Feb 4 •3374 10474 3 12% Jan 15,200 22 5/B 5% Jan 77% Jan 467s *103% Jan 50% Mar 30 45 74 347b 7% Dec 4574 233/8 ; Nov1 15,200 45% 10474 White Sewing Machine common. Prior preference l->% 18 187b 463/a 347b *112 10.300 1.77a 18 22% 115 Shares 97a 46 *10374 *112 874 18% 23% Wilcox Oil Co 79% 717a 9 18 347a 3 Jun - 8% •; 457a 1047a 14a/8 Feb Jun 333/4 . ■ 23% 3472 Mar 31 Jun 34 9 347a 443/4 Mar 27 8% 187s 87B Sales for the Week 46 *1033/4 _ x42% 7 .45% .,463/8 83/4 100 4 White Motor Co 9 87. 12.50 15 28 17% Mar 15 Feb . Wheeling & Lake Erie Ry _100 Wheeling Steel Corp com No par $5 conv prior preference_„No par White Dental Mfg (The S S) 20 i Feb 27 7 3 253/s 12 Feb Friday Mar. 31 $ per share t per share * vershare 9;n . Mar. SO 2374 Jan 41 t per share * Y" Thursday Mar. 29 2274 12% Feb 137a Jan 30 Feb 1274 Feb 40 Jan 31 Feb 1574 Feb 28 Yale 14 3 Feb & Tcwne 472% 9 187a *71 100 loo 777a No par *83 Zenith • Radio Ccrp 17 7b 177a 16% 1774 713/4 71% 70 71 70 7074 777a 777a *76 77 76'.' 76 75 76 75 75 ='83 85 *83 85 83 83 *82 84 *82 84 85 187a 18 7s 1874 1772 7174 >71% *7174 590 240 .... 10 87 87 87 87 87% 87% 87'4 8774 8774 87 3% 5 11% 115/a 117a 117a 11% 11% 1174 11% 11% 11% 1174 117a 2974 28 2874 28% 2874 287a 23% 25 293/4 117a . 1 recelversl*lp» 0r Petition has been filed 37 295,4 2934 83 29 :t 23% 2,900 11 7b 1174 1174 11% 3,600 37 37% 3774 297b 29% 29 29 74 29 29 817s 81 81% 77 80% 78 5 a 79 3 4 12.000 133/4 13% 14 13% 14 13 % 137b 3,700 69% 67 : 69% 697b 65% 57a 57a 68% 7. 57a 11% '36% 29% 293/4 29 29 7a 8374 81% 83 81 137a 1374 137a ' 13% 60 €4% 64 68 572 5% 57a 55/s for company's reorganization, 64 5% 3,000 37 1174 373/4 11'4 *37 :: 11% 1174 36% 117a 1.000 37 28 "2 117a 373/4 137a 50 __No par 293/4 37 1 ; . 18 717a 86s/a Mfg Co Corp 18 7a 72 86 5/8 convertible preferred Zonite Products 18 5/8 777a No par Young (L A) Spring & Wire.No par Youngstown Sheet & Tube No par Youngstown Steel Door No par 9 24 series conv series York Corp common 23 697s Mar 29 6 No par pfd 472% Wright Aeronautical Wrigley (Wm) Jr (Del).i Wyandotte Worsted Co 8334 Mar 23 dividend* ay Ex-rightsPrtCe8, D° 88168 °n ***** d&y" http://fraser.stlouisfed.org/ L Federal Reserve Bank of St. Louis PRICES Wednesday 25 31 89 I per share HIGH 8ALE 253/4 33% Jan 7 $ per share AND Tuesday Mar. 28 237a 3.807® preferred series B Weston Electric Instrument 51% Mar 23 14 Monday Mar. 27 22 % Dec Jan 1097a SO 40 10972 13% 25% Dec 14% *10874 ; 4774 47% 25% Dec Jun • 1097a *108% 1097a V > 14 47 233/8 14% 10% *133/8 25% 34 Jun 14 477a 237b 32% 27 14 4774 477a 1097a 1097b *33 Feb 8 109% 1097a *69 Jan 48 1091/2 *109'/8 16,700 113 74 *108 71% 28% 43% Feb 81 '1083/4 *112'/2 33% 18% 19% Jun 1087a 253/8 11374 109 72 71% Jun Oct *10874 : 257a *112 7a *108 26'/4 33% 12% 12% .14 4672 47 10872 253/s 113 1097a 5,300 14,900 109'/a 113 *108 100 8 Feb 137b 14 143/4 47% 109 20 No par com 15Vb Feb 8% 1472 47 14% 47/ ■".<;. 257a 19% *33 Dec 18% 110 490 20% 35 16% Jun '1097b 1097a 4,200 213/g 343/4 3 11% 110 20 26 263/a 114 108% 20% , "27'/4 21% 100 13 65 *109 7a 20'/4 2774 227b < 18% Jan X59% 110 1097b 26 1133/4 213/s 19 '30% Jan Dec * 22 3/a : : 4,400 85 463/a Dec 57% 10972 2274 7- 6 85 183/4 Jan ; 267a 11374 *108% * 10 Jan 70 2672 113 74 10972 8434 100 Supply Co 89% Jun 2674 1133/4 277a 84% 97, 32% 4% 26% *112% *108 1 48% 7% May 20% Par Jun 71 2074 LOW July 23% Mar 29% 21% 277* Western Union Teleg class A_No par Westinghouse Air Brake No par Westinghouse "Electric com__ _12% 4 Aug 115 Mar 207a Mar. 25 Preferred series A 24% Mar 22 27% Feb 33 26% 21% . ; 974 Western Pacific RR 18 104 Feb 102 ' Dec 34% Jun 217a Saturday Western Maryland Ry com 4% non-cum 2nd preferred 34 3/4 Mar 29 70% 21% 22% 6'/8 28 84% 27% *84 463/8 Western Auto 21 Jun 20% May 22 STOCK Western Air Lines Inc 35% Mar 22 Jun 22 7a EXCHANGE ••' 46'% Mar 24 Feb May 21% 100 t per share 20 13 22 ,.-100 100 B preferred V 53% 21% 22 STOCKS/ 8% , 84 1 67s 28 84 Electric Co com__Nopar Power 472% pfd 100 NEW YORK Highest 41% Feb 32% May $ per share 27% 84% 578 6'/B v. 1.7-7 Lowest Highest share 28 74 843B 4 preferre'd, series Range for Previous Year 1949 674 27% 843/4 6 }i. Range Since Jan. 472 % 674 2872 84% No par preferred series C West Virginia Coal & CJoke 5 West Va Pulp & Pape$ com__No par 3 Jan 13% Jan Jun May 35% 104 114 674 28 2.50 com 4.10% 14% 107 674 55/8 a Deferred delivery, 5% 5% r Cash sale, . 65. t'5% v s Special 500 1.800 104,190 - 7,000 sales. wdWhen distributed. xEx- Number 4895 Volume* 171 the commercial Bond Record *: '' ■ '/> • * Year 1949 . -'Lowest f-> Highest — Dec; 103,28 Jan 103.13 Saturday 110.23 Mar . , , # , > - - • '* Tuesday Monday Mar. 37 ,*.■ Low High *103.2} Low ' High Thursday Wednesday Mar. 28 ' Mar. Friday " Mar. 30 >U Law High High Low the Week Bonds ($) High 103.3 *103.1 103.3 *103.1 103.3 *103 103.2 •103 103.2 *108.18 108.21 *108.18 108.21 •108.18 108.21 •108.17 108.20 *108.16 108.19 102.10 *102.7 102.9 *102.7 102.9 *102.7 102.9 *102.6 102.8 •102.6 102.8 110.5 •110.3 110.6 •110.3 110.6 *110.3 110:6 *110.3 110.6 *110.2 110.5 112 *111.30 112.1 *111.30 112.1 *111.30 112.1 *111.30 112.1 *111.28 111.31 114.1 *113.31 114.2 *113.31 114.2 *113.31 114.2 *113.31 114.2 *113.29 114 100.27 •100.25 100.27 *100.24 100;26 uu,^0 *100.24 100.26 *100 24 100.26 •100.24 100.26 *102.8 102.10 *102.8 10: 02,19 *102.7 102.9 *102.7 •102.6 102.8 •105.14 105.16 *105.14 105.16 *105.13 105.15 •104.10 104.12 *102.8l 1958-1939 1-1983 1980-1985*113.3to 1950-1953 *103.1 103.4; *108.16 108.21 1955-1980 1951-1054 . Sales for , Mar. 81 Low High •111.29 J 2%s 2 Via 2%s ., . *110.2! _lf 51-1959 3s Treasury Treasury Treasury Treasury Treasury Treasury > Treasury Lew "4 'A " Mar. 25 ; EXCHANGE Jan 110.23 Mar) ■ LOW AND HIGH BALK PRICES BONDS ' .... 3 - YEARLY - f ■ NEW YORK STOCK Dec 108.13 Exchange Indicate In each case the month when the bonds mature. -x " Ranre Since Jan. 1 Lowest Highest 103.28 „ i ... GOVERNMENT r; • 21 Figures sftet decimal point represent one or more 32d of a point. " Range for Previous . WEEKLY - '• « ' ■ ' 1 • ' " ' The italic letters In the column headed '"Interest Period" i (1373) New York Stock «» FRIDAY , chronicle financial & *100.25 : v k 102.31 Jan Feb 104.9 4-- 102.31 Jan 104.9 Treasury * Treasury Treasury r* Treasury Treasury Treasury •Treasury Treasury 'Feb 102.1 Mar 104.15 Oct 103.8 July: 103.8 July 101.12 Feb 101.13 Jun 101.7 Feb 103.2 > Aug 100.18 Jan 100.28 Jun 103.19 Dec -103 . 102.30 Feb 105.4 100.13 Jan 100.17 Feb 102.30 Sep 101.3 Jun 101.8 v Jan 101.8 1984-1969 Aug *103.i 103.5 103.3 H084.|»7t 103.1 >, 2%a Sep 1967-1972 2VaS Dec 1954-1956 102. 15 Jan 31 • - Jan , * — * 102.8 102.10 1956-1959 -Sep *104.7. 103.21 •lu;.19 103.21 *103.9 103.11 *103.9 103.11 V *107.8 103.10 103.8 103.10 *103.3 103.5 *103.3 ior,5 ; *103.2 103.4 *103 103.2» *103 103.2 .'; *102.31 103.1 *102.31 103.1 *102.30 103 *102.29 102.31 .*102.28 102.7 ' *102.4 105.4 * 102.7 *102.4 • *102.5 102.11 *102.7 102.9 •102.6 102.8 *105,4 105.6 *105.3 105.5 *105.2 •102.7 102.9 ♦102.6 102.8 *102.5 ' r 101.18 Feb ~~ 101.18 Feb 1951-1953 102.10 *102.8 102.10 *102.8 102.10, *101.30 102 *101.28 101.30 *101.28 105.3 *105 105.3 *105 105.3 *105 « .< - Dec 103.16 Dec 103.7 Feb 103.18 Jan 16 9 ...... Bank 102.3 102.2 *101.31 102.1 •101.31 102.1 100.17 *100.15 100.17 *100.14 100.-16 ; *100.14 100:16 *100,14 *101.2 101.4 *101.2 101.4 *101.2 101.4 *101.2 *101.2 '101.4 *101.7 101.9 *101.7 101.9- ♦101.7 101.9 •101.7 101.9 *101.13 101.15 *101.13 101.15 ♦101.12 101.14- *101.12 101.14 ♦101.12 101.13 • 101.24 *101.21 101.23 ♦101.21 101.23 *101.21 101.23 *101.20 101.22 *01.22 ' 104.11 *104.9 • *101.30 , 103.11 *103.8 103.11 *103.8 103.li: 100.10 *100.8 100.10 *100.8 100.10 103.16 *103.14 103.18 *103.12 5 101.4 2s serials of *50 due Feb 15 1955 101.4 r *100.20 ♦100.8 101.8 *101 100.28 *100.28 *100.24 *99.28 _,;2s serials of '50 due Feb 15 1961 103.11 >A0o.6_. JtOa.il ♦1U0.8 100.10 *103.14 103.18 101.4 *100.°8 •100.12 100.20 *100.12 .100.20 *100 100.12 *98.28 99.8 98.20 *98.12 98.24 98.4 *97.28 98.8 *97.4 97.16 *97.12 97.24 *96.16 96:28 *96.24 97.4 *97.4: 97.16 .„ •100.28 100.20 99.4 >,* 101.4 *99.8 98.20 98.4 *97 97.12 li/U.4 - *98.24 , " *98.8 98.20 ' '93.12 98.4 98.4- 97.28' *97.20 97.12 -'*97.24 . 99.12 99.20; .,*99.4 >S»>..0 99.4 *99.8 99.4 *97.24 : 99.20 *98.24 ♦98.8 * ; *97 - 1 - ♦Bid and asked price. -No sales transacted this day. Odd lot transaction, a *96.16 -96.28 4,000 . 101.4 •97.24 * 98.4 V, 10012 *98.8 *97.24 I0I.8 *100.12 *98.24 . 101.4 ♦100 ♦99.24 98.20 lul.8 103.18 *100.^8 ' 101.4 •1U1 - *103.14 -loi *100.28 101.8 ♦100.28 - f." aa.'4 ' *98.8f 2s serials of '50 due Feb 151962 96.24 Mar 23 - 100 10 " 96.24 Mar 23 : 101.7., 101.9 101 101.4 *99.24 IOO.4 Vr i 2s serials of '50 due Feb 151960 : ,, 100.16 100.8 100.4 *Ud.24 2s serials of '50 due Feb 15 1959 101.4 *103.8 •100.28 101.4 *101 100.16 100:28 *100,8| ,2s serials of '50 due Feb 15 1968 104.10 •101.30 102 ( * *100.3 , 103.15 103.15 *100.28 101.4 *100.28 101.4 100.16 *100.20 of '50 due Feb 15 1956 2s serials 102 102.1 t A'*.,- , *103.12 103:16 101.4 <\ *100.28 ... - *103.8 2s serials of '50 due Feb 15 19t>7 *104.8 *101.31 *101.31; 102.1 *100.8 *100.28 f 105.3 *104.9 •100.28 -:i . *105 *102.1 2s serials of '50 due Feb 151954 •. 101.30 105.3' 104.li; * 103.3 2s serials of '50 due Feb 15 1953 ?* 102.9 *101.28 - 104.12 103.11 ,• *102.7 102.9 ♦100.15 101.4 V '* 102.6 . *104.10 100.10 ' . *102.1 *103.8 for 102.6 105.i;: 105.3 104.12 "*100.3* JEteconstractlon A Development 25-year 3s :__1972 • 103 102.20 102.4 1963-1955 International Jan'. 99.11 1IK>.3 1001.30 101.30 >* 102.7 ——1956 1%$- . *102 101.9* •lOl.lij 101.15 *101.2fe 10i:24 1952-1954 *103.1 , *102.2 • *101? 1952^1954 i • 102 - Jun - .. 104.9 • *104.10 104.12 '**101.2! ' *105 i 102.2 i •loo. ib 100:17 ' 104.9 *103.19 *102.8 ' '102.5 *102.3f 1950-1952 1951-1953 *104.7 103.22 *101.30 •* 1959-1962 ' -*102 • 104.10 *103.20 102.11 *102.9 105.3 >104.W) 1959-1963 ; Jun f *105 * •105.12 lt5,14 *104.8 103.22 105.7 •102.9 \ ——1952-1958'-/* 101.30 102 2V«s. Treasury V Treasury 102.18Feb' 1 ^Treasury 103.9 Jan - 9 Treasury >"■ _■ Treasury ■ * ——,4.Treasury Treasury Treasury Treasury ^ Treasury .Treasury 105.15 164.11 103.2 "' *105.5 102.11 -1961-1*03' 2Vis. *105.13 *104.9 *103.20 103.3 •103 105.7 - 103.6 *103.4 : 102.11 * 105.5s 102.9 103.12 -•103.1 r /> 102.9! 1967-1972 . » • 102.31 v, 1987-1973- !> 102.9 2%$ 2 Vis. . 103.11 li •103.10 1965-19701 ;i*v> 103.lv ■ . 102. 18 Feb ■JT 104.11 -103.22 \ •103.20 103.22 >103.9; 4 > 105.16 >104.9! f * 103.20 Treasury -Treasury 'Treasury 102.23 Feb 24 *105.14 1068-1951 .1983-1907 .1983-1988 2%S_ Treasury Treasury 102.10 Mar 18 Aug 102.11 *102.9. .1953-1954 2*a$- •T —! , 2%S- *97 ■* 97.12 Registered hond transdction. r T •' P ' RANGE FOR WEEK 'ENDED- MARCH 1 81 j'V i'r', t." . f'' :: »'*■, ' BONDS . . .New Y-ork Steck Exchange v. .: v> c . : " .* fPeried * - . Xastr . . Sale Prie* '' .v.i.v' New Yerk Transit Unification Issue— Interest. . • Friday •#'•* • f ' • «r Friday'a,'-Range RlnaaV-^' Werk'* Rang* ; ' - ' High No. r \ Low ;v"" Interest NawYork Stock Exchange : 10912 HO 37 ..loayr ioan/ .' 75% 65% June-Dec *70 66 '« 67 66% 68- June-Dec oreign securities ";v '3*4$ series No. 22 x ■: ^ • _i- -V* turn : June-Dee : ,• -4- 64%--70% 67 70 70 67 - - 70 65% 70 Va v: 1 13 70% 63% 70 *68Vi 68 Vi 64 71% *66*4 June-Dec *68% 68 70 3Y4S series No. 27 June-Dec " *68*4 64% 66 June-Dec — " Broadway, New York: ■ ' 3Vis series No. 28 - • 120 - June-Dec k": 3%s series No. 25 ■ ''■^ZTeletype^*,^ ( New York Stock Exchange ' REctor 2-2300 70 66 70 70 Va 70'A June-Dec series No. 24-s— 64% 65%^ -66 •70Va-- 70 Yu •*7-1. ♦68 V 4 June-Dec '■ IVis series No. 23 71% 63% : '• *69 %■ 7<tMi : - June-Dec f— ' ' IVis series No. 26 ('..f Wertheim & Co. Members - June-Dec : - *68Vi —June-Dec -fVis series No. 21 2 *68*4- June-Dec^- ;— — .r 1 ~ 65 Li- .June-Dec — - 69 Y'i 69 Va* *68*i uJune«Detr — series No. 13—: ;?:iVis Telephone 16 - *71: * June-Dec-.- — 75 -75-'. June-Dec -3*4$ series No.-19 ! IVis series No. 20 ■ 75 67%: 1 -IVis series No. 17u. High 63% 3Vi$ series No/15 ! 69% *70 IVii Series No. 13— 'i I Via series No/ $ Vis series No. Low., ■r, 2 June-Dec -June-Dec f- •; Jan. 1' — 1*4$ series No.. H_ - no.;: High 75 Y. ". 75 Raofe Sin** Said —- —— '' e Bands Friday's Bia $i Asked ~ June-Dec SVis series No. 12. si or -rv Sale Friee Low J 8 Vis series No. 10__. ;: Vfl )'y Week's Raage High >' June-Dec rtf- Last' Peried :s 1 Vis series No. 9——. - ; Friday / BONDS i - City 1% Corporate Stock 1980— • - Jan/'t-,'- >■«■<&>> .Bid tc Asked .v-Low ** NY - v 1-1693 W; ' June-Dec — Brisbane (City) sinking fund 5s 1957— * Jfar-Sept June-Dec «■ - ' 66 65 103 Vi - 103 103- 103. .Feb-Aug ' Sinking fund gold 6s 1950-— 65 . ♦70 103- 103 Sinking fund gold 5s 1958- .' *70 » June-Dec 3*4$ series No. 29 -3Vis series No. 30 f 70 70... 100 y2 iooy« • 70 66 65 2 101% 104% 11 101% 104 Vi 9 100% 101% Foreign Government and Municipal ' Agricultural Mortgage Bank (Colombia)— • Caldas (Dept of) - !^Guaranteed sinking fund 8s 1947 Feb-Aup sinking fund 6s 1948-^ April-Oct Akershus (Kingdom of Norway) 4s 1968 Mar-Sept lAAntioqula (Dept) collateral 7s A 1945—Jan-July A *75 Va •r J. r — 52 ^ I Canada 71% j 25-year 3Vis 1961 25-year 2*48 1974 A Carlsbad (City) 8s 1954 -' 54 3 46% 1 f 47 Vi' 52 46% :. r • - sink fund 7s 3rd ser 1957-April-Ocf f $ bonds ,r- L—11 52%: • • 46 % 54 V, 46% 52 > 35 40% 1 102% 104%; i 102 I Antwerp (City) external 5s 1958 Australia (Commonwealth) 5s 1955 June-Dec 10-year 3'As 1957 97Vi June-Dec t June-Dec 15-year 3%s 1962 Belgium (Kingdom of) 6s 1955 External sinking fund 7s 1955 external 8s pursuant to reduced to 3.5%) s Stamped to Plan A 1926 due Plan to 3.375%) A 1979 115 103% k ' 93% 94 % 97 6 94% 25 88% 94% i 94 % 15 90 95 V2 f 93 Va 93% 93% ' s 8tamped f e'As of 1927 89% 87 - -K 106 17 '■ 115 Vi 115% 12 63% 63% April-Ocf 81 81 81 (interest June-Dec 60 59% > l 63 Vi pursuant to reduced to 3.375%) A7s (Central Ry) Statpped 114% Plan A 3.5%) 36s/8 31 7 36% 46 33% 7 28% 33%. 34 36% *44 34 13 *44 1962 81 28 Vi 35 30% 28 33% *44 *33 Vi *44 __Aprll-Ocf 53 60 73 76% 53 60 76 84 /f 57 For Financial 33 Vi 33 Vi 33% 1 66 Institutions . 1: FOREIGN SECURITIES (interest April-Ocf 1979 June-Dec June-Dec 1978 funding bonds of 1931 due 1951. Stamped pursuant to Plan A (interest reduced to 3.375%) 1979 April-Ocf 60 60 60 *84 — ■— 1 ■ . -w . 65 .65% ' —... 3 '■ FIRM TRADING MARKETS 1 v: External dollar bonds of 1944 (Plan B) 3%s series No. 1 r ■ 58 58 58 3 51% 6 67% 58'/a J'. CSLM£?*S.$.C2JK • f FOBEIGN SECOBITIES SPECIALISTS — June-Dec 74 Va 74 Vi 74% 75 3%s series No. 2 June-Dec 71 70% 71 2 65 V4 72 3%s series No. 3 June-Dec 71% 70% 71% 13 65% June-Dec 70% 70% 71 11 65'/a 72 3Vis series No. 5 June-Dec e71% 72% 11* *73% 80 50 Broad St., Nev^ York 4, N. Y. 72 3%s series No. 4 No. 7 June-Dec 3Vis series No. 8 June-Dec 3 Vis series For footnotes see page 25. ; —. 75 Va 75% 65 Va Telephone HAnover 2-0050 72*. 73 4 , 73 67% 75*a 1 " 35% 44% 28% *33 Vi April-Ocf 64 y8 73 41 28% 36*8 33'/a 34 j—Jan-July 1962 47 28% 46 32 Vi 6s Sept 196k:—Mar-Sepf 1961 Mar-Sepf sinking fund 6s assented , 40% 45 85 1l x- — ? ' -AExternal A 6s ■t% _ 103 35 116% 75 7 60 " assented Sept (interest Plan 1952 pursuant to reduced A 102% 39 V2 107 Va1 55% 16 ; , *78 due 1957—April-Ocf 4i) ! *33 Vi AExternal sinking fund A 6s ' AExternal 102l/a 102% i 96*. 97 85 1957 ■» 107 Vi *44 46 ARy external sinking fund 6s Jan 1661—Jan-July A6s assented Jan 1961; f 58 26 85 (interest April-Ocf , \ 40% 102% 106% *37 Va Feb-Aug Feb 1961 35 101 101 Mr 101 *58 |A7s assented 1942 A6s assented ■ 98'/a 977/» 106% 107 % 115% 1 94 Va 97Va 85 June-Dec 1941 1978 1 6%s of pursuant reduced Feb-Aug —Jan-July Jane-Dec , • 34 103% 103% 94% • . 11 94 96% June-Dec 20-year 3Yaa 1967— 2 40 102J/a 103% • 103% Feb-Aup 20-year 3 y2s 1966 Stamped —J 52 39 Va .Jan-July 10-year 3V4S 1956 lABrazll (U S of) 52 Jan-July 1978 102 «/2 Jan July (Dept of) 30-yr 3s s f $ bds 1978_Jan-July (Republic) external s t 7s 1942 May-Noo May-Noo AExternal sinking fund 6s 1960 April-Oc\ i A 6s assented 1960 April-Oct AExternal sinking fund 6s Feb 1961 .Feb-Aug ■ 11 17 40 39 Vi 101 Vb 8 A Chile \ I ? 541/4 l sec 30-year 3s s Jan-July Mar-Sepf 25 106% 106% (Dominion of) Cauca Val • 52 Vi* 46 Va ■ j':• ., -96 46 Va ■ l 55 i',75 Yi 93% 5 .. 52 52 AExternal sinking fund 7s 1st ser 1957—April-Oc* AExternal see sink fund 7s 2nd ser 1957_April-Ocf AExternal ■ 52 52 « — 52 } 55 52 -J. - .. 96 96 0 'lAExternal sinking fund 7s ser B 1945—Jan-July lAExternal sinking fund 7s ser C 1945—Jan-July lAExternal sinking fund 7s ser D 1945_Jan-July AExternal ; 30-yr 3s s f $ bonds 1978_Jan-J«ly 4s I960April-Ocf" - 75 3 71% •" -75% Guaranteed Teletype NY 1-971 ( COMMERCIAL THE (1374) 22 & FINANCIAL CHRONICLE Monday, April 3, 1950 NEW YORK BOND RECORD RANGE Friday WEEK ENDED MARCH 31 Week's Range V or Interest Last Period BONDS Sale Price New York Stock Exchange FOR Friday Bonds - Range Since Sold Friday's Jan. 1 Bid A Asked BONDS New York Stock i Interest Exchange / Period Week's Range Last Friday's or Sale Price Bonds Bid Ac Asked Chile May-Nov AChile Mortgage June-Dec 6%s assented 1961 AGuaranteed sinking fund 6s 1962 assented A6s .... AChllean AChinese (Hukuang Ry) Colombia (Republic oi of Ss ext 1927 Jan 1_ 33 • ' April-Ocf *83% 1927 due (State)—- Stamped assented 1947 x (interest reduced f dollar 3%s extl • 8s extl • s to x1 ■. ' „April-Ocf AEstonla 7s 89 % Irish Free (City) 8tate Public A External Metropolitan ~ 24 " > 41 Valle Del Cauca *61% •63 55% 63 *53% 49% 53% 11V* •73% ' 76% is *10V8 See Cauca io3/« 10% 10% 10 13% 9 '/a 641% 103 102 41 42% 63 3.7% 36% 3.7% .84 ~ 38% ' , : . — „_June-Dec —• T.Jan-July 64 'I4 " — — Drainage / ' ' — 6 ,62 38 54 35 39%. i ; — 2%s debentures ; . |A4s of ment) 6.% — —— 5%,:. ... 6% 1910 (assented — -- > —4 . 1945_^Quar-Jan ,/ U ■,/:/ ■ > 10 6% ; : —, 6.% , 1922 >. r , 2008 *J .i"1 ■ J. V ' " 4%s of) / 6.% v if-' 4Iv,:. External sinking fund 4%s 1965— 4s sinking fund external loan 1963 8 %s sinking fund external 1957— 5*/» 8% to 9% 7% 9% 13% ..13% IJ 12. 30 58 -v *44%' l , '• 13% 5.8 ; / 12 External secured ref 3%s series fAStabllization loan sink fund A4%s assented 1968 AExterna1 sinking fund 7s gold 8s ts /i) — 35% 33 34% 1961 7%s stamped 1966 —_Feb-Aug Stamped pursuant pursuant reduced AExternal secured reduced to 8%s 2%) Rk> Grande do Sul to Plan 2001 to Plan Stamped (State pursuant 95% Zl'** 32 98% 96 % 11 94% 7 7 '•< — / 27% 1946— A 98 %. 92 ' 94% 1967 25. 21 96 - 90% ,10Q% 101% 102% - / - • * 31 * 106% / May-Nov 4952—Mar-Sept _*_____Jrune-Dec — 791 115% . £ 484 101% 104% 54 V !: x 104% 105% 76% 32 120Vs 79% 82%. 24 '/ A •131% 127 119% . 120% / 105 103 46 102 % 102% •r 5 104% 10238 • 104%/ 102% f 23 104% 106% __ 1,25.%,. 103% 128%'x *103-. 106 X ' 100% :4* 80 . A/[ 39 .•/..103% 104/ A 104 t 100% 103 1093s. 116 105% 106% - .. 99% V ■ 120 / X 97% 112 101% " 44 . x 128% 128% 101% 96% 1073« 395 123% 125% * 103% 104% 105% *104% 105% *79% 90 :•/:& '• x ■'•i*/.-/:/ 6 "100% 101% May-Nov 2 106 % , 101% 102% , 34% 27% 27%:,/ .2- .. 'v. ■ - 9 93 105 22% 20 28 19 , 2888 22 Va 1996 ..<.5 :. 7% 4 834 / 14% 7% 7% .8 «v, 7% 7%.;vx8% 15% ,,V;1 1 8% 10 ^ ,,• 79%i / *37. 38% r 37% A, 38%: 36% 33% ' 35/ 50 Vt 52 %y 38 38% 37% 46 %£ 46% 44 y2 34% 34% *44'% 46 % 32 % *50 June-Dec *36 *34 35 58 : 43%; 46V2-5 31% 32% 48 % " 37 div first 34% 34 v 62 63% "62 ., - 88% 94 * 92% 98 60 57 4s Cincinnati and division ref M 5% ,ser - 4s refunding stamped Creek . • series 4s 4951 Extension Telephone of Pa A , x 59% 64% ■ ; 59 % 64% \ 83: ' ,/ A ; • D f >6a%; series C 50% 52 81% 86 3 87% 34 85%; "89%". 70 71% 24 67% 71% 81 81% 13 71% 411 x./;fxf/;:. . ,. . :7o; , si //- *90% '.,79% ;81%;: Maine series K RR— 121% •qq :i - 1979—___Jan-July 104% ^ ; 1952—12— 102 121% 122% ; 99 .99%/, • 10.4.. 105 100% 101%;. 33'// 102 3 104% 104%; : -82" • 102% : 20 Jan-July April-Oct gtd 1960 82 X :101 104 1 -102% 102% *__' ••• ; r 102 105" . •"*;•■ 4 California Electric Power first 3s 102 J ■ , 102% ■; ^' *78 //'' 72% 20 51% 17 / 104% 105% ' 104% 105% 100% 101 25 .100% 102 > 102% 102% 50 102% 50% • *104 105 *104% 105% » • 63 63 64% 72 49%; i56% 43 *101% 102 % 99% 99% 106" 1976—June-Dec California Oregon :Power 3%s 1974.3——May-Nou Canada Southern consol gtd 5s A 1962 April-Oct Canadian National Ry— gold Guaranteed gold 4%s 4%s 1957 63 10 ; 4 103% ' . —102 99% 106 *104% 103 69 , 102% 98 100 106- 106 t ...Feb-AUg 50 Canadian Pacific Ry— ." ' ' 4% conv debenture stock (perpettial)—Jan-July 100% 35%/ Capital Airlines, Inc— ' 34'"'* ;4s conv inc debs series B ' 3 1960 ; : • 105 104% V? 104 44 :'"9 x •/ 1 *113% 113% 104% /. 103% ■ ._ 115% 115% 113 ^ 113 * ! June-Dec 1 Mar-Sepf debs series A .1960 f' 105 x 104 ..Jan-July — 1955 4%s 1956 Guaranteed gold 4%s 1951 104% 100 104% 115% 113 / 116 % 114% 113% 114 103% 104% ~i 103% 105 101 51 100% 103% 101%-- x ' ¥ v 81'. ,83 87 ■A 12'"51 :;:x April-Oct 5s qq ^04.'/ 104% :_Fcb-Aug —2_x— 4s 1955—, Buildings 100%" 89% " 1967.2L—2-Mar-Sept mortgage 27ss 1976.X. -Jan-July Buffalo Niagara Elec first mtge 23As 1975_Afay-Nov Buffalo Rochester A Pittsburgh Ry— ..Stamped modified 4%s 1957—'— May-Nov Co first ,93:; 93 y; IQO.% .. Co 7s 1954.^.^— 5s /'89% . • 101 */2 107% General Terminal .3 . Bristol-Myers Co 3s debentures 1968i_.April-Oct Brooklyn Union Gas 4s debentures 1969—Mar-Sept Terminal 90% 121% 422 ,C 99 mortgage 4s series RR I960-—Jan-July AInc mortgage 4%s series A July 1970--May-Nou Consolidated 91% 90% *100V4 April-Ocf . ■: • 1985_Jan-Jufy 1960 53% A 70% Jan-July —-: Jan-July 1951—-April-Oct 3%s 74%. ,49% 70 % 1951—L 2 first 5s mortgager 3s Guaranteed /- 51% ': /First Bush 65% 10 40 63 -M;f2-%^;63%;x .—June-Dec mortgage First mortgage "series 5s AC 4s _ 1995 1 Guaranteed gold . x * 43 V4 32% 43 46 * i 3, 38 % 46 % A .... 32 __ __ . 54 __ ' ^i 90% . 46%-. , *58 May-Noc 40 , 96% x/:>x ./•• Vk/'XW ~ 3%%- contingent interest)—:.\ Consolidated Bush *32% *52 ' , and ... jMar-Sept (22/a%. " 6%' mortgage Series J due Dec ABreda .(Ernesto) 9 •;:". » general 62% Mar-Sept /First mortgage 5s series.II 1955_-Z——.x_May-Nou First mortgage (4,%s series-JJ 1961 April-Oct 28 y2 8% 7% .^.,8,% April-Oct June-Dec 2000— 1 Boston 27% . 22 i8% 8% 38 2——-June-Dec 1 and : :^5 ; .Consol mortgage 2%s series I 1970..—Jan-July Conso| mortgage 2%s series J 1976— May-Noi? 34% / -7% ■ 1995 1 ... 31 7% 7% •" Dec 90 ' interest)—/ contingent March .Consol 34% *14 , 3% f 90 — 2010——May Pittsburgh Like Erie Si West Virginia— // ////• Refunding 4s series A 1980————-May-Nov •i 44 *8%"u. 7% . Loan 2%s debs 1961-May-Nov 3%s sinking fund debentures 1964—. .Feb-Aug Bethlehem Steel Corp— / t / t i 44 — 27% '28 " • March Beech 103 88*% 103* (interest stamped pursuant to Plan (Interest reduced to 2.25%) 2004. page 90% 27% June-Dec Stamped pursuant to Plan A reduced to 2.2g%) 2004— /■ 29 -x -. 99% • 55 85 100% • 693 ' *81 96% ,/ 99% ' - 97 X .106 ; 95% ' 83 - Bangor Si Aroostook RR— 99% 103 (interest 1966 ■ : 100%" 89%" 260 " x '"/■ * 96% 101 93% > 95 % 100% , 78% - 100% 123% __2_.April-Oct 104% 7A r 104 Beneficial Industrial > 1— Aprll-Oct due 103% -114% 116 lApril-Oct — due First lien 95 .127%" ~~ Feb-Aug 1999 *4,4 I and fixed 99 93% 96 103% of)— reduced to 2%) 2012 A7s external loan of 1926 1966i_— 60 107 100% 110% 1113/ 106% (3*/2f? fixed & l%fr conting int) 1980-Jan-Jufy , sinking fund gold 1968 June-Dec Stamped pursuant to Plan A (interest see ' — ■ (interest A6s external For footnotes 90% — Feb-Auo Plan ••• io4%:,. — ' due Toledo 98 ••'■U 103 April-Ocf A *102 — Jan-July April-Ocf . -i?:- 105% 94 94 3 4 ■ 115- I959i—X.__June-Dec 1995—, 4s S'western 99 94% 96 -Jan-July 1953._^ 1921 to reduced to 2.5% ) T» 10 99 A 353/8 i A (interest 2001 Plan ■ A4%s convertible income Feb 1 99% 97% — ; 96% A 2012 SA8s external loan of \ 98% 32 23 *98% 101 April-Oct 1947—April-Ocf 1950—Jan-July to to Plaif A to 2.375% ) Stamped pursuant * 36 k "98'a 99 98 ';* 98% 94% 1967—fWar-Sept Mar-Sept (interest reduced to 2.25%) 2006, fARio de Janeiro (City of) 8s 1946 I June-Dec V. — April-Oct y pursuant stamped ■ 104% - /100 % 100% 100 debenture Series M V • ' *35% 90 98 98% April-Oct Jan-Julv (interest reduced to 2.375%) t I 80% 7%" 10 ■'* fi B%/'x'7%> — 100 400% 1971--——"_>__%_'____Feb-Aug Series K xi % *44% April-Oct * A4%s assented 1963— Porto Alegre (City of)— 94% and 1 % It. V" ' r (interest • ' reduced to 2.125% ) 2008—1. Mar-Sepf APeru (Republic of) externals 1959— Mar-Sepf ANat loan extl s f 6s 1st series 1960 June-Dec ANat loan extl s f 6s 2nd series 1961 April-Oct IAPoland (Republic of) gold 6s 1940 April-Ocf A4%s assented 1958 ' 95, BOW 77/ ■'::•/ 9334 - 10d% June-Dec debentures Co Series G due 13% 61% / • *35% • June-Dec B fAPemambuco (State of) 7s 1947 Stamped pursuant to Plan A 91 86% v; 100% *100% June-Dec 1973— * .77 *100 contingent interest* July !975_April-Oct Refunding and general mortgage 5l!o (2% > 13% 11% 57 2 / — ' May-Nov 1994_^ 81 Vi »• 4> - *104% - First • -- Mar-Sept 1963 i- 105 % 105 % - Z / mortgage 4s series A July 1975April-Oct First mortgage 5% series B (4^-fixed ZV" ' 9% Bell 5s ext '-ri'i 92% - • "-638 (Republic)— AStamped assented Stamped mod 3!/4S 105% 1966—Jan-July Ref Municipal Bank extl sink fund 5s 1970—June-Dec Oajo (City) sinking fund 4%s 1955———-April-Oct Panama /•'. — // 12 ^ 6% y vt,/10%^ - *104 April-Oct 1957—: Coast first consol 4s July General unified 4%» A 1964— Atlantic Refining 2%s debentures. ' 9% 13'% — May-Nou 1956 86 60 ' 10 *9% -% Mar-SepZ 3%s 1957 :.' companies 96% • • Norway (Kingdom ' xx A r/ "• 823/8-' 92 5... x 95 so'% *7 410% Atlantic 11% -w,/ April-Oct r ASecured extl sinking fund 6%s 1959—_Mar-Sepf Stamped pursuant to Plan A (interest reduced to 2.125%) 2008 Mar-Sepf Netherlands (Kingdom) 34 • . 92 6% April-Oct 11 % >. 9% >.:> — ^ ASecured etl sinking fund S'/aS 1958—__Mcr-Sept , Stamped pursuant to Plan A (interest * reduced to 2.125%) A B ■, : ' : 1963—Jar\-Juiy agree't) "/ ■ 1961—_—June-Dec Stamped 4s July 1 1995 Atlanta A Charlotte Air Line Ry— First mortgage 3%s 1963 *9% jan-July- 1952_ (State)— /x 1964—May-Nov > — Mlnas Geraes *89% Feb-Aup debentures Products Co 5s fixed (City of) 6%s 134% 134% ■••"/> -Jan-July i 91 :•::*— 19G6_.June-Dec f debs s Baltimore Ss Ohio RR— 1933 assented (1942 new 3%s 1956—-Mar-Sepf 11 V , 11 , 9% 1968—Jan-July agree-:_ ASmall A Milan 25/ ,... — ;/ //.. //r. "iv :> agreement) 11% .12 *11 June-Dec ASmall A6s 11% *11% — . - (assented to % >»/,-f.•• — 1987— ; Tobacco General (1942 agree't)-1963_TJan-July •'|ATrea,sury 6s of 1913 83% ; April-Oct 1967^.1—May -Nov 3%s Atchison Topeka Si Santa Fe— :— assented new 9 ■> 1982. . debentures A P W — - • 1922 . , , 3s'1982--Aprii-Oct debentures 1969—— _j—.April-Ocf Arbor first gold 4s July 1995——...Quar-Jan Ann ; 1963_TJan-July u ASmall A4s tq - 91 Jan-July convertible 2%s — __ 1945 :1Z 14%' 92%1: 96% ; • Feb-Aug 1975-— 3%s convertible — , . — -/ xt . debentures 3%s debentures Quar-Jan • 14/: h . 7 19 ■'} debentures 3s 1904 assented to >/ 95% 14% 9% . 87 Feb-Aug 1930^.. deductions 2%s debentures — (1922 agreement) due 1954 A4s new assented (1942 agree't) L. 97/« ■■ -i —'£lom. *121 first 2%s 10i 99 S3 *99% 100% • Power 2%s convertible v . , 154 164 8 95% • / Jan-July ... Southern 2%s • 40% *■■■ — i. V-Uv *134% Li-May-Nov l958^.*—i___Feb-Aug Js 1958- 2%s debentures 16% •463a ■ *37% Great American ASmall A4s of •x 18% 72% . 2%s ALarge , . 14% 85 ?66? ; 10 " American & Foreign Poiwer deb 5s 2030_._Mar-Sept American Telephone Si Telegraph Co— • • 62 >.71 ll7/8 ASmall r 14% 11 . " (1942 agree't) 73% *126 > Valley, (Dept of) American Bosch Corp ' ' 41% 60% 12 16% *45 ; - ALarge : r.'C Allis-Chalmers Mfg 2s debentures American Airlines 3s debentures 62 . 35 71 37% 61 65% -60% , \* 65Vu ..April-Oct new assented v,__ mortgage 3y2s 1972_Jan-July Albany Si Susquehanna RR 4y2s 1975_—April-Ocf Alleghany Si Western 1st gtd ,4s 1998April-Ocf .'41% 61 — 36% June-Dec A^mgll 12 7/3 May-Nov /• Adriatic Electric CO 7s 1952 Alabama 48 34% A , 7s 1957—April-Oct |A5s assented (1922 agreem't) Y/y" assented Alabama (■' Jan-July <A5s of 1899 due 1945 •67 71 *7 :x;;/:x.%5/:%railroad and;.industrial 11% 62% 42 19.68—Jan-July A5s 1979 1979 ^War$aw,^City)v.exteynai A4%5 87V2 t'; Mar-Sept A % *100% 103% 1954 70 11% ■'i'Ly. 77 17 1977 Sewerage * * — _ , readjustment conversion 4-4y4-4y2s external readjustment J.978 3%s external readjustment 1984 '■-& 85 V« *10 37/«-4y8-4^s external conversion 1978--June-Dec ASmall 1968 ♦ u— 85%. 96% yy 73% 80 70 ~"13%V ~ 90% ' 99%- *76 '67% 76% x 82- /v?l3%r" 75*/), ; 92% _,ANew assented (1942 agreem't) . 1958 External 55 V: >87;/i 73% 70 May-Nov 94 ? 9% "10% -*65% 1978 "... 1958-^——June-Dec —V—June-Dec 37 — 87% " ' 1962—May-Nov 7s 96% 21- 75% 73»/4 April-Ocf 1962 external External 50 99% • ■. "68 73% 87 lie ' 2004—Jan-July Jan-July 1968— external assented 60 ■ 8 7'% Sydney County Council 3'/2s 1957— Jan-July lAUruguay (Republic) external 8s 1946____Feb-Auj/ AExternal sinking fund 6s I960 May-Nov AExternal sinking fund 6s 1964 % May-Nov 3%-4-4Vks (dollar bond of 1937)— " Irrigation— (Republic of) of) 12 56 r (Kingdom)— external (Prov A4%s 1943—May -Nov # series B secured 63 iY i-.-x. 91% |A4%s assented (1922 agreement) A4%s small 1943 Mexico secured ' 114 35 60 99 .April-Oct Board 5%s 1950Mexican r41% *50 * 99 -Jan-July Wgter 41 I960—.May-Nov 5s v %. Mar-Sepf 2.25%) loan A7s ' 2 ; 3% 6%s dollar A8s 27% 109 10% 1960 fund f $ bonds s % |13% a 87 60 . Serbs Croats & Slovenes • Jan-July 1952 (Colombia) 80-year 3s 72% 60 Plan A to ' 90 19 Vz 9 11 .57 *72 .■ f , ' Jan-July Altaly (Kingdom of) 7s 1951Ajugoslavia (State Mtge Bank) AMedellln ' ' to pursuant to Plan A (Interest reduced to 2%) 2012 ' Utility— 7s 85% 25% „ " 96 — to 85% 60 Jan-July 1956 reduced external A Silesia 77% v (interest V"/' " A 1999—— pursuant 61%; ' , 1 TJan-Julj Credit Institute 1% % r41% (Republic) extl s f l-3s 1977 Jan-July Italian Credit Consortium for Public Works Italian 30 - . ; - High\ 57 y2 Stamped ,47% 48% 47% ' 47% : 48% 48% 89 % - . % >90% 1976 1 external 6%s .1% to 3% 1977 |A7s series B 1947 89 ■J *111 Italian < 49% A6s ■ 2 *72 ; '/ Jan-July Jan-July 96 % 1967 sink 40% V Plan to loan water A ; 90 W " extl 84% — 25% 85 part paid 1964 ———; —May-Nov A8s part paid 1968 —_i——;——'.Feb-Augr Helsingfors 79 Vt Plan 1999 April-Oct : bonds Jan (Republic of) 87" 5 ' ' • pursuant external 57% '■Low . to 2.5%) reduced to 2.5% ) Stamped 19 84 % *51% A 7s / 5% Stamped A7s [ «; Jan. I No. *60 May-Nov 1950—— (Interest 47 *51 % —Jen-June — Greek Government— • 4% j v>5i% f dollar bonds Jan 1 1976—-Jan-July foliar bonds Jan 1 1976 -Jan-July s f 33% High *69 __ x Feb-Augr gold 5¥28 1955— gold 4%s 1962 El Salvador'(Republic of)—■ External s 40 to Low 57 % — 1957—May-Nov (interest A - (State oft—. v, > stamped pursuant 1936 (interest reduced . External extl 33 28% 78% 84 % 46 -Feb-Aug 6%) extended to 1960—_■ fADenmark 20-year external 6s 1942 4s 23% 1 - __ 84 % Copenhagen (City) 5s 1952 June-Dec 25-year gold 4y2f» 1953— May-Nov ACosta Rica (Republic of) 7s 1951 May-Nov Cuba (Republic of) 4%s external 1977 June-Dec Cundlnamarca (Dept of)— 30-year 3s sinking fund $ bonds 1978——Jan-July / A8s external ' ■ 46 .-Jan-July 1961 i A Sinking fund 7s of • 44 39 ' 7 **4% JAColombia Mortgage Bank 6%s 1047_—-Aprii-Oct I a Sinking fund 7s of 1926 due 1946 May-Nov, . 8s ' sinking fund dollar bonds 1970—April-Oct Czechoslovakia Paulo 44% 35% — 33% 33% June-Dec 5s 1951 • San 32% 28% "i 33 *44 pursuant to Pian reduced to 2%) 2012 39 ' fund Stamped — 1928 Oct 1961 A6s Of A6s , Mar-Sept Mar-Sept 7s 1960 1960 » . May-Nov 1962 Consol Municipal assented A7s . 32% 47 28% it. •'«_ *44 .May-Nov ' 4 T^1 ,.. >; ,r*33% ■'—; CT A6%s extl secured sinking 44% 28 36% .-r.y'V- *44 ; , 31% 35 38 37% v.-; ■ *33% . April-Oct .—April-Oct 1961: 1§61 assented A6s "t 32% >*44 . (City of) 6%s 1952— April-Oct ASao Paulo (City) 8s 1952—.:—— May-Nov Stamped pursuant to Plan A (interest x reduced to 2.375%) 2001. —May-Nov 46% < 283i 26% 35- 40 32 >2 / June-Dec AGuaranteed sinking fund 6s 39 — 337a 32 *44 June-Dec 1961 :x *33% 33% June-Dec Bank 6%s 1957 fund 6%s *44 ■ __ 1993—June-Dec assented 1957 A6V2S A Sinking +2 u May-Nov A6s assented 1963 ' ' ARome cont sinking fund 6s 1963— •^External ' High (Republic) Extl sink fund dollar bonds 2-3s i Low No. High Range Since Sold ' ' Low ..Mar-Sepf ..Mar-Sepf 80 102 - 80 81 8 74 85% 98 102 66 .83 106 Vi . ; ' Volume 1 il Number 4895 THE COMMERCIAL. & FINANCIAL CHRONICLE (1375) 23 NEW YORK BOND RECORD RANGE f BONDS New York Stock ■. Interest- Exchange. ,.1'ertod Friday Range or'Friday's.t j', Sale Price Bid ifc Asitcd'j Low Carolina Clinchfield ft Oho 4s 1965 Mar-Sept Carthage ft Adirondack Ry— . • First mortgage guaranteed 4s 1981——June-Dec Celanese Corp 3s debentures 1965— April-Oct Celotex Corp 3% s debentures I960——l-Feb-Aup ENDED High 10674 10674 Range Since Low NO. : ' ? 8 debentures 3Vis v issue) (1947 ' First Georgia mortgage A AGen-mortgage 474s series A Jan AGen mortgage 4Vis series' B Jan Central RR Co of N J— ' V" General .. 314s mortgage Central New Central » Pacific* Ry Co— and refund 3V2s First ►- York 108: 2020—_May 'V-.-'V; ' .Jan-July:. Refund gold 4%s 3s 1996- «*. First Chicago 1 • Gt 5s first mtge 4V4s Jan 1 42%' - ' A 2nd mortgage 4V2s inc - . * First mortgage North 103, V.' 103% — 104. 130 so : "112 102 mtge 2%s ser A 114 114 Second Detroit 106 74 jr«y2,h"ny4 110 - 25 11174 11274 10874 HOVs 10 102A 10374 9974 — 9J 74 • v 4 .9974 ? ; < Terminal ' Dow 40 V2 v?'v? 42 49 70 17 68 „ 126% 126% i. 80 80 April 2? El 126% ' 12674 8676 9 73% 84% Paso 93 59 47 48% 5s 5874-- 9 92 % 92 -28 ., 9274 ..... V • 1994 ( 89 3 102, 6774 56 «i; 68 Vs., 83 56 • 5774 38 />:53"V 54 "8774 9376? . - 21" 90% 93% 1077a 23 10674 108 y4 102 102 % 3 10174 103 Va 115 115 117 86 1127a 117% *08 -1 68 *67% 76 67%. 67% 102 74 10574 June-Dec June-Dec — 105% 100*4 RR 2%& ser B 1976-Mar-Sept debentures 94 74 • MayNov"1'' Feb-Aup ; 9474 101 ^April-Ocf^' 1961 & *__ L April-Oct April-Oct Southwestern first 58 .'1965 stamped 1965 Erie Railroad Co— ' Ohio 10476 66 96% 9274 10 101" 68 15 10074 101 15 103 104 101 101 r 110% 110% 104 V* 104% 106 y4 1037a 10374 110% 1037a - ■11074 11074 *152 *10474 *10874 -- — L *108 Va ?— '?r April mtge inc 4V2s ser A Jan 2015 6474 64'A Divisiou first *98 70% 97% 85 87%; 8574' 111 102 86% ~5 86'A *85 85% , 87% *100 105% 103 y8103% 18 10374 1047a 10274 102% 1971_Mar-Sept< 3JAs mortgage 63% 9774 65 " A 3 101% 103 71% 5574 60 50% 56 87 v 215 > 91 "98% 90, ' ^ 9974 -• : '^Firestone Tire & Rubber fFlorida — "103 ' 90% 107 9074 v 1982_May-Sept ?, ..June-Dec 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 74-474 S 1994 —Jan-July !- 77% ' ./ 6t%- •?,';? S.Jan-July 5074 8 .. 1027s 97% 69 74 102% —June-Dec I First consol mortgage 3'As series E i9ti4_Apru-uet ?? First consol trrtge 3 748 series F 1990—.Jan-July First consol intge 3V8S series G; 2000-—Jan-July First;consol mortgage 2s series H 1853-Mar-Sept•• 62 45-76 •! 102 — 95% 79 107 n..Jan-July 1993 series &.Georgia div first 5s 1956-May-Not; (N Y) first cons gold 5s 1995-Jan-JuZp Elgin Joliet & Eastern Ry 3'As 1970 ;—Mar-Sept 73% 27 58% ;; 47? 101 76 •' - Edison El 111 42 "•- 80 ? 97 5 92 •-,?'* 1" - 9674 74 Va 101 36 70 ; — 105 105 < General 1951 & Ironton Chemical ,2.35s 5 106 ' ' TunneL 4l/2s. 1961—Map-Nov & 68% 10674'107 Va J 1970— 1995 4s 63% 65% 26 i " ' 1980-—— H *__ .East Tenn Va ? 41 April 1983 s'V./' : "T fixed 23/4s ^ debentures 1958— gold Detroit Tol - ■7 8 110 102 74 102 74 ; 91 2038_„ Chicago St L & New Orleans 5s * A 127 lll'/a 11274 ' 12 „ • , 86% 59% 107 74 107 74 v —Jan-July > 9674 V? v ■ f ■ April h • -74V4 1993 interest) series refund 81 ; 68 67 68- Detroit '& Mack .first lienigold 4s: 1995—June-Dec . : . 3s High -- 2018 (3% contingent and convertible 3s 133% 105'A Second mortgage conv inc 4Vis Jan r 1999—April 531/2 First mortgage 3s series B 1989—. Jan-July Chicago Rock Island ft Pacific RR— •■A/'?1st 1% Detroit Edison 11.' , ~ ,, series A* (476% interest) Income mortgage No. 1979-Jan-Juip fixed ! Denver & Salt Lake-r - 104 Jan. 1 Low 85% *0274— 1 A-(3% interest^ mortgage contingent ? Baaie State* Sold 85% 8574 May Light 3s coll trust 3V4s 1977^June-Dec contingent AIncome 1 ' General 91 Ry— ■/>:■ ?v Western 1% ; , £ 10374 10574 10574 ...Jan-July General;mortgage 4%s inc ser A Jan 1 2019_April 4 V4s conv increased series B Jan 1 2044 April Chicago & At. ,103Va 101% 104. ser series A 4s - 4674 Bonds High 4 ^S-Map-Nov- C Denver «fc Rio Grande Western RR— 102%. 103 Jan-Julv Chicago Milwaukee St Paul ft Pacific RR— • Power .& v 2042-—Map-Nov 1973— £—Aprll-Ocf May 4-6s First mortgage, series 105 Vs 10574 r — Range Friday's .. First mortgage and coll.trust 2%s 1 , 60 A Jan 2003——April Chicago Indiana & Southern 4s 1956 —Jan-July • 48 .?>.".■■•# 210 'v.. ' , ■ 4 82? V or Bid & Asked Div 1993.:^—J?— » '/7 Duquesne Light Co 2%s 1977 ,1st mortgage, 2%s 1979?—— 1988 Chicago Ind & Louisville Ry— A 1st mortgage 4s inc-series A Jan ; ; 39. 103',. 10374 .......May-Nov A 67 Vs "■ Delaware 10274 103 74 1977—Feb-Aug .,? 1982 series 4s * 5s.series M division Co— Western & • v "100Va.' Mar-Sept. 1st gold West inc ^6V\:\ ■ 132 74 13274 mortgage inc conv 5s 1997—?___-April 374s series B 1985 .May-Nov AGeneral 6l',:v"; ... "103 mortgage Chicago & Erie 6776 103'/4 mortgage 3V»s 1985—Feb-Aug First and refunding mortgage 2%s 1970—Feb-Aupi Chicago & Eastern 111 RR— A General 89 " 10314 First and refunding :• •• ,T • refunding 4VaS series B 87.7.^ refund Essex & Collateral .trust „ ; ~ . -Feb-Aup 4s. 4958-—. First and "• 45ft f 1973—June-Dec Chicago Burlington & Quincy RR— [. 28 65 74 4074V, .. •103J 1989^_Jan-July 1989——Jan-July Gcnetal- ; V .v"-i 45% ' " Mar -Sept 1996—May-Nou 3yas series D M 3I/as series E Refund and impt M 3%s series H R ft A div' first consol gold 4s Second consolidated gold 4s ; 74/'. 63 "10474 106 ...Feb-Aug •'/'.. and Morris 63 A & Western RR Lackawanna AIncome mortgage due r , ; 94 ... 39 1965—Jan-July:. 1992-, and Impt M Refund and impt %'; _Feb-Aup, 1968 Chesapeake & Ohio Ry— 100 ya V' --- York New First 10474 <•*6174? 6d • 39 i: VV.../V? A-':'"*"* 1974 103% 100 ya /. 63 . . .S.April-Oct series A mortgage 374s series B Champion Paper ft Fibre deb General :?i 24?,' Lackawanna Delaware 6074 7 58 .v r Week's Last Sale Price Ffrst mortgage and w 2020—May l 1974- First ' '•■85 "V ,•?; i_Jan-Julys / 1 1987 3s Power U °ioi3a •••;?>; 1995——— 64 '.103 74 10374 noi... 1948—June-Dec Ry—, series vv1158 74 103 Vi I960——iAFebrAuo! lACentral Branch U P first gold 4s .■-Central of Vi , . Period Low . ,* ' Interest* « New York Stock Exchange ? High loeys • i BONDS"?-?, Jan. 1 ' 7 31 Friday Bonds;. ,8oi4 r „ MARCH Week's Last ; - WEEK FOR •'»' 103 y8 10374 •102% ; 104 10374 103 '/a __ A? 103 y4 East 3s first Coast debs 4%s 1961-—-Map-Nov r-June^Dec .' 1959 10274- AFirst and refunding 5s series A 6T~ 1974—Mar-Sept *■' ?*> ACertlficates of deposit ^_Mar-Sept" Francisco Sugar collateral trust 6s 1956— May-Noy 66 A 67% 201 60 . ?; 103 103 , 6974 59 60 . 102% 103 . mortgage 374 s 8474 series 1963! F ..Jan-July IL First mortgage 274s series G 1963 Jan-July V Chicago ft Western Indiana conv 4s 1952^Jan-July First and refunding 4V4s series D 1962_Mar-Sepf Cincinnati Gas ft Elec 1st mtge 2%s 1975_April-Oct. 103 74 First mortgage 274s 1978Jan-July ? First mortgage gtd 374s Financial Corp— 2%s 5 debentures 79% 74 ?' 87 80 104% 8- 10274 103 V4 "102 V* 104 104 ? 106 10274 30 General 104 103 16 V 10474 1 05V2' i 106 Va 103 10374 103% 10374 series E 1969—Feb-Aug *11074 — Feb-Auy ' * •--■■■■■'i ,'VV?'?????'?- 1959 ; 104% General June-Dec : 103% General General 8774 75 80% 98% 98% A Green 5s 4s 1993 series B —June-Dec 1993 .June-Dec ; Refunding and impt 4'/2s series E Cincinnati Wab St Louis Division Cleveland i. First mortgage ft Series D 374s Cleveland Short Union First trust 4s 1990_May-Nov 3s 4 Vis series 1950 8574 106% Feb-Aup 1972 April-Oct April-Oct 1973 C 1977 10774 10774 107% 10774 1/ 106% 10774 Aprii-Oct 106 V4-10674 Ry— (stamped modified) 1980— Fuel Iron & May-Nov Gas 73 Corp— mortgage and coll trust 4s Columbia Gas*& Electric Corp— debentures States trust UtU 73.74 741 mortgage mortgage 1968 M Mar-Sept ■' *105 105 : 105 85 95 32 86 1 2 *65 • 70 ? 104. 68 debentures 75 _Apn'i-Oct 1974 1969 V 64 6374. 104% 103% 8 1 96 65%}' 75 , 101% 62 H I 79% 10374 100 y8 67 99% 10074 105 —Jan-July ! ■1,"* 10474 10474 ' 274s —June-Dec 1979j_ first Water first 474s Household Corp Finance 1999—-V- 274s 1970 105 U ■ j ■ Coal first sink fund 5s & __ l962_June-Dec A ser 9974 10074 127% Mar-Sept. ? «.& ' • ' *99% 100y4 Jan-July V; ^ *..L - 'T29 Jan-July. 4,..4 ' *100J/2 101 128 V4 10074 9974 89% 91 93 67'% 69 174 63 38 v 221 27' .2,, 70 36l/2 91 40% 47 10674 104% Hudson 105% 1976 mtge 274s Hocking VUlley Ry 78 10474 93 10574 5 104 »/4 104>A 10474 104 H 100% 2 105 V2 10574 Mar-Sept 9 10274 76% 1' A • , Manhattan Adjusted income first 5s A 1957— Feb-Aug- 6774 4?—-April-Oct 5s Feb 1957 38 - •- i 1973— 7% A 4 ?/. 104 System Inc— debentures March 87% 97% April-Oct 1978 3s 8474 " 874 874 874 9574 94 95% 98 Map-Nov 1976 107% 100% - — 95 • * Jan-July 2%s 106% 62% 102% 1087a 105% 35 100" 129 , , Hudson 1964__April-Oct 1971 debentures. Hackensack 74% 3%s first 3s 100 % 106 6 9 mtge Collateral Southern & 102 10274 102 74 First ^10774 100% *96 Feb & Ohio RR— 21 *10374 104% 107'/a 99% „ 95/' April-Oct 1959 125 10174 10074 100% Feb •. debentures 122% 10f Jan-July Jan-July? A ctfs 12574 ? refunding 4s series B 1975——.Jan-Julv inc 5s series A July 2015 April — *100 1980 10774 106% 2 125 -First and refunding 3%s series D 1969—April-Oct General mtge inc 4s series B Jan 2044. April 87 106% 15 ~ First and General - 103 { ;, 4 123 125 R' 1961—Jan-July series debenture 3s , 32 106 y2107 y4 128 Jan-July certificates B Corp Gulf Mobile .." 667/a 62 82 ,• . 10674 10774 10674 63'A 57 v- ■ 1.- 2Vis West 1st First 3s Jan-July 70 Co— 5s series B 3T4s 6 6 74 59 *82 gtd 4 Vis 1961—April-Oct Terminals mortgage 3Vis IOOV2 74 59 Gulf guaranteed Line first mortgage Columbia , -June-Dec First Colorado V 65 60 Greyhound RR— First Colorado 1970 1982 mortgage 5',is series A 4Vis A Debenture 22 80'A "*— 1977..Jan-July 1991.Jan-July 1st Illuminating 3s Pittsburgh Cleveland 4s Div first coll Electric Cleveland Mich & V 80 & 92% 90% 102 - 125..',. Jan-July 1976„ 374s series N mortgage Bay 103 106 V4 Jan-July 1952 1973 D 3 9074- 90 y8; ■1 *102 I ? > mortgage 3T4s series O 2000 mortgage 2%s series P 1982 Jan-July? mortgage 2%s series Q. 2010?—Jan-July General 96 83% 89 102 96 1 1969_—--Mar-Sept 2%s 1965^Map-Nov y mtge B C General, mortgage r-ygold General series 100% 12 96 *8774 series 5s 474s series 110% Cincinnati Chic & St Louis Ry— General 5V2s first Co—> 102 Va >--"• — 96 debentures Co 110% 100% 101 June-Dec F) General General April-Oct income General „ *103 74, Realty & Utilities Corp— conv Great Northern Ry ■'. City Ice & Fuel 23/4S debentures 1966 City Investing Co 4s debentures 1961 Cleveland A4s ,; Goodrich TB — Terminal— First mortgage 274 s series G 1974— c I T 74 £%.... — Union 8 ?c: *10574 106 — Cincinnati 87 74 ; .??•?„"V Chicago Union Station— First ? 3 ■ r; . ' 3s. debentures August Columbus & South Columbus & Toledo Commonwealth 1974 Ohio Elec first Edison Co— *104 Feb-Aup 1970—May-Sept 374s external 4s * • ' 105% 10774 108y4 1955_Feb-Aup *10774 105% 10774 Illinois 107% Bell ? 10874 107% 6 — mortgage First ; First mortgage series 3s L First 3s 3s 2%s Conn 1 1977 debentures mortgage sinking fund debentures f s series N ..Feb-Aug 1978 1999 Aprii-Oct of and refund mtge 2%s First and refund First and refund mtge First and Rust and Consolidated mtge 25/8S 1st ref M 274s debentures Gas of Co General mortgage Consolidated ser ser C 1963- Bait ref June-Dec 274s ,1st ref M 274s T ser ser U 102V4 105% 102% 101% 41 102% 104% 126 125% 12774 785 *10974 ..April-Oct Aprii-Oct 1976— 106% 12774 11110% 110% 11103 104 > HI04 — 104 104 105 • __ *104 _ ''■v.' 104 1 10476 HI 06 ..Jan-July 1981 —April-Oct 10574• *105 10674 H105 106% H10874 ■ 115% • 274s conv debs 1962 Consumers first Power Continental Raking 3s mtge 27/as 11574 May-Nov«- —— Consolidated Natural Gas 274s 1968 1975—_Mar-Sepf »'ebentures~ 1965 Northern §ADeposlt A Cuba RR $A Rj? first 5V4s receipts^! first 5s 1942 ■ gold 1952 Deposit/ 105 105 ■ V 106 v *103 Jan-July « June-Dec*June-Dec Jan-July -■ Jan-July * — 49 51 .4 '• 1 '• V '• ■ ? \ 104 104% ■ 6 106' ,1 102% 103% i 92 % v 95'A 49% 47% 3iy8 36 88 35?* 83 34 *85 .. 25 93% 33 y4 3374 103 10334 '93 ' 9374 ' ?f-,71 *10374 Cruible Steel Co of Am 1st mtge 374s 19C6_Map-Nov §ACuba V 11574 11574 Aprii-Oct 89 2974 29 29% 7 2774 32% 3474 receipts deposit deceipts 1946—-June-Dec i£6s~«/rles B deposit receipts 1946 June-Dec SA7V4s series A 33 3474 60 32% 35% ; *3374 „ •v "~r, ;? 33 y. *10474 •' / ; Dayton First First Power & Lt first mtge mortgage 3s 1978 mortgage series 3 A 274s 1975-April-Oct Jan-July 1978 ■„ Co & 274 s debentures For & Hudson footnotes see 4s extended page 1963—Map-Nov . • — Av 102% 104 104% 101% 10074 — 104 101% — 105 108 102 101 *101 435 103% 105 v ^ 10374 10374 10 10374 104 105% iO 103% 106 10274 102% 10574 105 ' *102% 10374 —May-Nov Debenture Feb-Aug Cairo Bridge gold 4s 1950 June-Dec Litchfield Div first gold 3s 1951Jan-July Louisville Div & Term gold 3J/as 1953 Jan-July Omaha Division first gold 3s 1951——Feb-Awp St Louis Div and Term gold 3s 1951——Jan-July Gold 3%s 1951—.7 ...Jan-July Springfield Division first gold 374s 1951_Jan-July Western Lines first gold 4s 1951—: Feb-Aup„. ? Registered ?_?_——__? —Feb-Aap, 10774 107J/2 2 10674 trust gold 4s _May-Nou 1953____. ,• 5s 1955 474s 1966 Illinois Central and Chicago St L & N O— Joint first refund 5s series A. 1963June-Dec > First and refund mortgage 4s series D 1963_June-Dec Terminal Ry 4s series A 1970——Jan-July Illinois Indiana Illinois ft , Iowa first 94% 120 93 108 96% 101% 101% *10274 10274- 100% 100% 102% 102 74 "IOIVS 101% 100% 101% *101 10074 101 *102 V* — 101% — 10074 102% — 102% 102% *10274 10174 10274 10174 10174 *10074 „ gold 4s 1950_Jan-JitZp Ry Co— Refunding and imp 274s series C 1988—Jane-Dec Indianapolis 93 *101 10374 10074 1963_June-Dec ' refunding 474s series C 9374 102 y* 102% — 103V4 10474 10074 101 9574 9574 i *98% 99 100V4 10074 £3 103 y4 60 100% 10174 2 94 98% 100 97% 99% iooy4 Union ... 93% 96 *90 10074 38 8674 89 81% 88% 37 V4 33% DO 32% 40% 81 Ym 8174 62 097 — 8134 18 75 82 Va 8174 17 75 8274 62% 99 61 ^International Great Northern RR— AFirst series A 1952,— Jan-JuZy 8674 38V4 Jamestown Franklin & Clear first 4s 1959_Jane-Dec 75 1976—Mar-Sept — 6s Adjustments-6s series A July 5s series B 1956 ? — — -v- , *103'/2 10474 __ ,. 95 95 96 ■-rr". 8 93% 99% Jersey Central Power ft Light 2%s 99 74 25. i 7374 75 *102Va 103 ' ly*;?.*. 106 96 6274 100 103% A? 105 108 • "3 A "J *101 1965—-—Aprii-Oct • Delaware , *10074 1952—April-Oct —Jan-July AFirst gold 5s series C 1956Jan-July §AInternational Hydro-Elec deb 6s 1944?ApriZ-Oct Inter Rys Central America 1st 5s B l972_.Map-Nov 35% ; -- — *105 —June-Dec Dayton Union Ry 374s series B 1965——June-Dec Deere ' *102% 10374 — *10174 -Jan-July.: 3V2s. 1952— First ?! 103% 10674 10374 104>/8 AFirst D lines 15 — 102 10674 1 02% * Refunding ? ..Jan-July *107 74 mortgage Collateral 106 115 4 *10574 106% ' 100'/a 10374 105% 10476 104V2 104 74 ; 4 99% 102% ? 10274 10274 102 *10674 *104 mortgage 43/a-3%s ser A Purchased -. *99% 100 ? — City— Lt & Pow£r <Balti— 23*s ser Q 1976 M 102 10274 — Consol 101% 102 June-Deo ? Consol mortgage 105% 104% 3 *10274 104'/s 1972—June-Dec 1st ref M 274s ser R 1981 1st 101 2 10474 10574 — 1982.Mar-Sept B 1977.April-Oct 1954 Gas El ;A 4 101? 101 . A ser 1978— 1979——May-No« 57a-3%s series B .,1979—May-Nou 374s series C 1974^—May-NouJ First gold 4s 1951—' Jan-July First gold 3V2s 1951 *— Jan-July Extended first gold 3V2s 1951— ——..April-Oct ; / First gold 3s sterling 1951— ——Mar-Sept Collateral trust gold 4s 1952— April-Oct Refunding 4s 1955 May-Nou " 107 104% Consol 107% 106% *10074 10074 refunding 3s series D 1972 May-Nou refund mtge 3s series E 1979_Jan-July Convertible 106% 5 York— New First 3s 17 10474 105 ——April-Oct 1951——Jan-July Conn River Pwr sink fund 374s A 1961— Feb-Aug Consolidated Cigar Corp 374s 1965 April-Oct Edison 10674 107 74 10974 10674 Ry & Lt 1st and ref 4Vis Consolidated 1 106% June-Dec 1999 series B 3s 102% 1981_Jan-July Telephone 274s series A Illinois Central RR— - 22 73 102% 76% 103% J ■ l:> ' '■ 'S ' t.'t-.-L- 24 (1376) ;THE , COMMERCIAL & :FINANCIAL CHRONICLE ' • - • • Monday, April 3,-1950 . NEW YORK BOND RECORD KANGE Friday Interest ? ■,. Last BONDS New York Stock Exchange Feried Bid A Asked Bonds Range glnco v Sold , High No. Low ouue-JLtec r "103 June-Dec First mortgage 3%s series B 1968 Kansas City Terminal Ry 2%s 1974 Kentucky Central 1st mtge 4s 1987 June-Dec "104 April-Oct "102% Jan-July 101 . 114% Light Lakefront Dock First mtge Shore 4V2S & RR debs conv 1963 Mich South gold Lehigh Coai & ref Navigation 5s stamped ref 5s stamped 5s stamped mortgage 4Vis 4s fixed to interest 20C3 interest moitgage 93 96 series and Harlem - 90% 94 f AN 94 17 • < 10 "100% 101% 96 N "83 100% 85 77% 09 82% Bay-No* ...Bay-Not 67 4 73 19 & State * 72% 16 60 24 64% 65 9 75% 38 68 33% 38 V* 41% 65 36% 42% 45 75% 75% refund mtge 3%s refund mtge 2%s ser refund mtge 3%s ser ser F 75% 2 3 121 % 104 % 77% 102% 4s 102% 85% *]ni Bar-Sept —Bay-No* 86 47 100'A 83 (R H) *. ft Co 2% s Central RR First debentures 4%s series A 1972—ICay-Nop .107% 102% I960 "102% 103 June-Deo *70% mortgage ft con 4s series B 1954__Jnne-Dea sinking fund Feb 1 1957—May-Nov Lines) 4s 1959 Bay-No* May Dept Stores 2%s debentures 1972 Jan-Juff■ Mead Corp first 4s —Jan-Juff Jan-Juff 1973 RR mortgage 3s 1966 3%s debentures 1988.— Jack >'■ Lans First gold 88% Sag 3Vis 1951 3%s 1952_ "104 105 *99% , Bay-No* - St First Paul & Saulte St mortgage 4 Vis inc Marie— June 4s series Jan A Jan 4s lien 5s 40-year 4s Prior A Cum series series lien 4%s A B and AFirst and AFirst and Jan-July Jon-July 197R A ser T. Jan 87% AFirst and & Monongahela Morrell Morris Ry (John) first Co. gtd 4s series 3%s & A 1965 B 3s 1991 Nashville First Feb-Aug Bar-Bept 100'% 2000-June-Deo 1955-May-Not & Tel 2%s 1986 1978 3s ft 8t 87% -Man-Not 1986 Dairy Products 2%s debs series 2%s England Tel & 4s "l 94 95% 73 74 Va 3 77% 80% 68% 45% 69% 238 64% 70% 50 % 610 44% 51 102% 102% 1 101% 103 50 6% 4 Vis series B 1982 Junction New Jersey New Orleans RR gtd Power & Great first 4s 5s Orleans AFirst 5s A of series 4Vis & 53% 83% 85 6 63 84% >37 •49% r • 156 63 1937 of Bay-No* 88 Ry Co— 29 84% 4s 51 Va Feb-Aug Feb-Aup 16 gtd 4s Mexico A 11 74 81 % 83 44 75 83 82% 79% 81% ' 153 72% 101 100 130 74 535 63% 99% 100% 101 :t 93%; 102% 270 42% 94' ' 826 62 33% D 103% 1 56 1954 103% 101 % 54% 60 28 *107 lien 1997 3s Jan registered 123 2047 i of deposit 81% 72 78 States see page 25. 107'/a 106% 106% — 6 / 128% *110 109% 107%~ ; 64 18 113 68 ' 107 108% 112 105 Va 65 87% 86 % 133% 117 107 43 107% 64 94 128 114 '' *87 86% 88 __ 109% 110 *105 Quar-Feb 107% 63% iaiJ ' •' 66 j ' 70% 59 Va ; . - 103% 87 % 37 84% 89 Va 93 94 12 92 Va 97% *90 93 94 92% 97'A > 103% 105% ' 102 103 103% 104 92 Power Co— ' I first mortgage 2%s 1074 *102% Feb-Aug April-Oct — 102 % 102% 103 % *104% 10 102'A 103% 101 % 101% 1017/« 1 101% 102% ; __ *99% : „ i *100% 107 106% 107'/a : Ry- P6 . , 105 Gas & Electric 2%s 1978. 6 Ss series L 1.05% ; * 13% Ss series 106%; 101% 102% 2 \ 101 Va 102 % < 22 103% 104% 1 104'A N *107% *105- 106 June-Dee 105% 106% -1$5% 105% 21 105% 107 .105% 106% 17 105% lOG'/a - 106% 106'A • CI * — June-Dee 100 1978 - 102% 103 Va 104% 20 105 106% 104% -~7 105'A 100 104% 100'A 102% 102% Bar-Sept 106% 101% 25 104 *104- - . April-Ocf debentures 105% 101% 101% 104 • 105% 105% June-Dec 107% 106'A 5 April-Oct 3%8 105% 105 Va 105% 106 % 1977—June-Dec 1987. St 100 % 102% 103% 25' 105 VB 105% 18 105 105% 107 Vz 107 % 6 107 107% 104 :,4 1047/a v" __ 11 104% 106% 101 VB 101 Va *101% General & Philadelphia 107% AH" : General 5s geld " 104% 100 -.99% 18 100% 100% 104 Va 103% 103 5 101 97% - 103 104 % 105 % 104 Va — 1960 Wash RR 1974 series 10 105% 105% v ' — 103 ail 104 113% 114 Va 14 113% 115 104% 103% 104% 103 100% 168 104% 107% 109 104 109 C 1977 93% 23 98% 99% 98% 99 Jan-July 98% April-Oct 101'A Jan-June 84% 84 58% 57% 58% 15 % 15 Va 81 84% April-Oct April 16 93% 13 101 VB 101% Bar-Sept 94 46 % 100% 11 81 2 57% 20 102% 103% 14% 55 102 99% 99% 1017/. 86 61 17% 103 7/a Co- Feb-Aug Jan-July *110 __v ' 110 *108% 110% 104 Pittsburgh Bessemer ft Lake Erie 2%s 1996-June-Dec Pittsburgh Cincinnati Chic A St Louis Ry-^- 100% 101% 104% and 103%. _ 104. _ 8 * >: _ 101 % £' Consolidated guaranteed 4s Consolidated guaranteed 4s ser F ser G 1957—Bay-No* 1953—June-Dec Consolidated guaranteed 4s ser H I960—.Feb-Aug Consolidated guaranteed 4%s ser I 1963-Feb-Aug Consolidated .guaranteed 4%s ser J 1964.Afat/-Nnv 103% 103% 14 s ■ 118% 107% 110% 104 106'A 103% 104% 104% 103% 103% 103% mm**- 1 •' ' 1 103 Va 102% 102% 6 102% 103% 103% - 1 102 7/« 103% 104 104 104 e" • 3 104 9% HVa 57 8 10 Vb 9% Feb-Au«. 99% 99% 5 B 104 Va 114 Feb-Aug refunding 2%s 1971 June-Dec refunding 2%s 1967 Z—.May-No® First and refunding 2%$ 1974—May-Noc First and refunding 2%s 1981 June-Dec First and refunding 2%s 1978 Feb-Aug t§ A Philippine Ry 1st sink fund 4s 19S7 Jan-July A Certificates of deposit Phillips Petroleum 2%s debentures 1964 101 % 103 Va external ft *__ and First V 8 4%s 77% 102% - 103% 6 series 68% 10 104 VB 104% Philadelphia Co collateral trust 4%s 1961—Jan-July Philadelphia Electric Co— 106 100% 104 % Baltimore General • First , 4s 104% April-Oct . Income 4s April 1990 Pere Marquette Ry 3%s series D 1980 105 106 1st - ;V, 3 S June-Dec 1968 A 106 107% June-Dec 1960 mortgage 3Vas series F 1985 Eastern 75Va. ; June-Dec 5s B 74 Va 102% 103 ' 4%s series D 1981—. Peoria 119% *75 '■ AprU-Oct April-Oct mortgage 4%s series E 1984 Convertible debentures 3%s 1952 104% 107% " Xr Bay-No* General 101% 105 *114'A * Light Co— First mortgage 3s 1975 series f 104% 13 101 Vb 101% ... 2%s series P 1981 June-Dec 2%e series Q 1980—June-Dec 3%s series R 1982—June Dec General 106 103% 101 118% 103 12 15 104 Ss series M 1979—June-Dec sinking fund 4%s General 4%s series A 1965 106 3A 104% 100% 100% 101% •. April-Oc* 1974 sinking fund debentures 1965 Pennsylvania RR— ' 103% 105% 118% 118% 102% 102% 13 105% 106 June-Dee debentures v 96 102% 105 Vi 104 *12" 101% 102 ..June-Dee 1080 3s 105 % 93 19 7 *101% Feb-Aug : General 20 *103 Jan-July ..Mar-Sept .April-Oct First mortgage 2%s 1975 Pennsylvania Power I 99% , For footnotes 107 94 *110% Quar-Ftb ... * 128 " Quar-Jan 1 2047 Guaranteed 4s series E trust ctfs 1952 "Pennsylvania Glass Sand 3%s 1960 1 April-Ock 17 80 103% .106 2 108% 93 Airlines— A3%s convertible lnc debs Sept 1 1960—Aprll-Oct 98% 100% Certificates 74 102 Va — -r 106'A 106 V4 Pennsylvania Co— 58 Vi 75% 109, *107% 100% 85 Pennsylvania-Central 102 —_ Feb-Aug 52% 13% *107% 107'% Quar-Jan 3 Vas 103% 4 81% Ry— ; 42% 10 IS *75 1955.Jan-July 62 VB 6 104% 104% 104 1956 deposit series A 94 52% 28 102'A *105% 105% 104% 104% 100% 101% 106 Va *102'A 103 3%s debentures 1983 Mar-Sept Pacific Western Oil 3%s debentures 1964—June-Dec Paducah & 111 1st sink fund gold 4%s 43% 93% 92% 77 % 102 Vi 102% *105% 105% 1953—..Jan-July Feb-Aug 101 3 v . 102% 32 ' 99% ►104 1956 63% 105 Va 15% Mar-Sepf ' , 102% ■ 287 101% 103% 103% 101% 101% 55% 58% 1962—Jen-JUly deposit 3% 57 5 51 Jan-Jttfp Ss series 8 1983 Pacific Tel & Tel 2%s debentures 198B 2%s debentures 1980 * 75 92% 37 102 40% 101% 101'% —AprU-Oct 9 9Va 103 31 *17% Bay-No* 1997 First and refunding First and refunding First and refunding First and refunding - First and refunding First and refunding "First and refunding 93 81% *105 Bar-Bept Jan-July Feb-Aug Mar-Sept Jan-July 63 6% 101% 101% Central ; 54% 93 S6 118 % 102% 105% 105% Jan-July — Consolidated 104% 2% 17 61% Jan-July Jan-July Pacific Gas & Electric Co— First and refunding 3%s series I 196fl~June-Dec First and refunding 3s series J 1970 June-Dec First and refunding Ss series K 1971 June-Dec ' 77% : 85% 105% 102% 89 106% 103% 92% 77 RR— series 1954 C series Certificates AFirst 5Vis A B 1983 Certificates of deposit AFirst A 5s first Texas series Certificates AFirst A Term 1974 A Refunding and impt 4%s Orleans 1986 3s Light Nor New Orleans & Northeastern tNew 52% 89% April-Oct 1974 Jersey Bell Telephone 3Vis 1988 New 87% X June-Dpo 1961 N i 87% 55% 87% 62 77 105 2% 109% 103 101 % 102% '— 7% 2% 102% 103 101% in; % 70 104 100 1954—___Bay-NO* Tel Co— guaranteed debentures debentures gold New J *63% 101% June-Dee 1967 3s 83% 108% 101 100 % 55% 100% RR— First mortgage 3%s 1978. First mortgage 3s 1979^ X 1970 Naugatuck RR first . 42% 101% 100% 36 7 % 1977 Oregon-Washington RR Ss series A -T' —Feb-Aug 1970..June-Dec Distillers Products 3%s debs 1974 April-Oct National Steel Corp first mtge 3s 1965—April-Oct National Supply 2%s debentures 3s ?1 i* Louis— B debentures First 101% 95% 100% __ 80'A 69% 5s convertible lnc 2014_.Aprll-Oc* Western Ry first gold 4s 1996—April-Oct< Oklahoma « N Chattanooga 1 . __ 71% 100% 100 74% 2% first 3%s 1963 ■/.' *105V4 106 e April-Oat Nat'l New 74 Mar-Sop* 1955..—May-Nov Tel mortgage National 3s States debentures - 81% 1966—Feb-Aug mortgage 5s series A Construction mtge 4%s series B 3Vas 92% debentures 1958—Jfay-Noy guaranteed 3%s Construction Mountain 84% 79% re'unding 5s series F 1977—Bar-Sep* refunding 5s series G 1978—May-Now 5%s series A 1949 Bay-Noy gold 5s ser H 1980 April-Oct refunding 5s series I 1981 .Feb-Aug & Essex first 53% April-Oct Co— 1975 Malone 1 81 5 A Convertible gold AFirst and refund Mohawk \v'- i.: 109 *103 . 10 103% 94 95 %4 June-Dec 9AFirst guaranteed 4s 1948. Ohio Edison first mortgage 3s 1974— < > 101% 102 109 ? __ 1967 refunding 5s series 4s June-Dee 1962 D adjustment 5s AGenera] 1900 1962 ^Missouri Paciiic RR AFirst 1971__May 1991—May RR— series r . A General mortgage 4s lnc ser Missouri Kansas ft Texas first Missouri-Kansas-Texas 104% 107% 107% „ "101% *102% ■ 98 Va 74 1902—Mar-Sept 1955 tOgdensburg St Lake Champlaln . A Prior 103% ' "102% ■; 102% O 101% * Mar-dap* 1 ' 5 3 95% Bay-No* 72 100% *107% 108 , Minn 54% 100% ' & 10 99 % 95 % 93 % 78 Refunding and impt 4%s series O l»79../cn-Jiilj ' Michigan Cons Gas first mtge 3%a 1969 War-8ept V, if First mortgage 27/#s 1969 Bar-Sept •' First mortgage 3%8 1969 ''""IT'.y —Bar-Sept '37/8S sinking fund debentures 1967— —Jen-Jutg ItV ! tlAMidland of N J first ext-6s 1940—AprU-Oct Minnesota Mining & Mfg 2%s 1967 Aprll-Oef 59% 55 % 96% 86% ; - 70 1 16 , "102% April-Oct Michigan Central— 56% 52% \, ■ 102% 76 93% "100 June-Deo : 80 % Jan-July mortgage 2%s 1979 Feb-Auy lirst mortgage 2%s 1977—Jprii-Oet First mortgage Ss 1979 Mar-Sept Northwestern Bell Telephone— 3%s debentures 1979 May-No* 103% 95% . Metropolitan Edison first mtge 27/*s 1974—May-Now Michigan Bell Telephone Co— 56% 56 95% ser A First mortgage 2%s 1975 First mortgage 3s 1978— V 92% 93 Ve (Southern 10 74 May-Nou 1954 West reX m Southern (Minnesota) 95 % Manati. Sugar 4s Manila 56% Port Chester— Electric St Gas & Northern 104' 102% 73 \ *94 First Macy 61 53 Va *100% (Wisconsin) Maine 9 100% 101 101 Refunding and improve 4%s ser A 2047—Jan-July Refunding and Improve 5s series C 2047—Jan-July Refunding and Improve 5s series D 2047..Jan-July Collateral trust 4%a 1975. Mar-Sepf 95 1U87'B t t 104% 95 103 V« 103 >/# Louisville Gas ft Elec 1st mtge 2%s 1171—May-Bog ' 88% 100% 95 f "Iu8 105 V. 95% % i(\<> C5 A ttb-AUg Jfay-Noy 2007—Jan-July inc 4%s series A 2022—May conv & registered 3s 105% 104% J3 78 57% — 99% Bcy-NO* refunding 5s General 61 104% 95% 71% 74 i 83 94 95 & lien Prior • 95% 67% 79 • 102% 102% April-Oe* April-Oct general St ret 5s 1974—Mar-Sept refunding 4%s ser A 1974—Mar-Sept Northern Pacific Ry— 105% 74% 61 April-Oct April-Oct H 2003—April-Oct 60 *55 General and 122'/a 9 "104% 105% 78 58% 58% AGeneral mtge 45 % 121% 121% 104% 104% 2003 second gold 3s 1980. Cincinnati Dlv 4s 1955 Norfolk Northern G 2003 Div 40 104% 104% series Susquehanna A Western Norfolk > "103 1986 Niagara Falls Power 3%s 1066. 44 RR— First and 21 Refunding mortgage 3%s series E 1978—Feb-Aug Refunding mortgage 3s series F 1981 Jan-Jttfp 65 •• 36 Feb-Aug April-Oct 3s First and Y /, 61 63 U F SATerminal first gold 5s 1943 Y Telephone 2y4s series D 1982 , 57 5«% 40% reb-Aug May-Nov June-Doc general 4s series A 1962 A Lombard Electric 7s series A 1952 Lorillard (P) Co debentures 5s 1951 53% '• 44, April-Oct Miami 106 —Feb*Aug 5 A Second gold 4%s 1937 {AGeneral gold 5s 1040 40% Anril-Oc# 70% 81 % Hartford RR— & Y Steam Corp IN 70 36 2003——May May 2003 mortgage 5s extended to 1979 Lexington ft Eastern Ry first 5s 1965 Liggett & Myers Tobacco 5s 1951 55% 58% 64 Ym Bay-Noy May 70Vb 81 *76% *eb-Aug Light 1st mtge 2%a 1975—Bar-Sept Putnam 1st consol gtd 4s 1993 April-Ocf Y • 54% 58% , 70% —Jan-jtug 3%& 1998 refunding mtge 4s Ontario Y Y oUva 65% 81% Jan-Juff 1973 B River Y Power N 85% 7o'/e "5 78 69% 72% C 2013—Apni-oci aeries series mortgage N 101 61 % 63 Vb 1998 3s AGeneral. mtge 90 128 63% 1998 West 4s Y New Haven 94% 84 96 Jan-July 2003 5s & 89% bonda— First Knox 4%s N mortgage contingent Interest Valley Terminal Ry— Louis 94% 63% High Chicago & St Louis— Y Lack & 120% 93 92% Feb-Aug 1974 Series D 4s contingent Interest 2003 Series E 4!/2s contingent interest St York {AFirst 4V2S fixed Interest 2003 First and 94% "91 .Feb-Aug — 5s debentures 1963 Louisv.lle & Nashville 114 62 2013-April-Oci iy»v 3%s registered N Series C F 34 58% „ 5b % AGeneral 4s Series B fixed % A 1970_AprlI-Ocl ser extended consolidated A 94 June-Dec Lehigh Valley RR— Atl 1% 59% 224 59 Connecting RR 2%s series B 1975 N Y Dock first gold 4s 1951 NY & Harlem gold 3%s 2000 Moitgage 4s series A 2043 Mortgage 4s series B 2043 105% % Jan. 1 *54% First Feb-Aug Feb-Aug 1974 Little 104 ' Low 59% Y N 181% 6 , 118% 120 i997_June-Dec 1964 ref Lehigh 1 Range Since Sold No. Feb-Aug First 100 131 % Bonds ' High Huuson River RR— mortgage registered 3 Vis 1968_June-Dec 1954 & Series 5 Co- & • % 3 Vis New 101 97 2 Week's Range er Friday's Miciugan cent collateral gold 3%s 1998—Feo-Aug ; N 3%s income reg 1975 1st Series ' = . .Feb-Aug and impt 4%s aeries A Central & First 1st General "■! 1 uf Refunding mortgage 3%s series E 1980—June-Dee 97 .. Bar-Sept Lehigh Valley Harbor Term Ry— First mortgage 5s extended to 1984 Lehigh Valley RailwayFirst —_ June-Dec Sinking fund mortgage 3%s Lehigh Valley Coal Co— & fY 21 100% 181% 181% "105% Terminal— sink fund 37/«s series A & First mortgage 1st M 181'/* Bar-Sept 3%s registered 1997 Lautaro Nitrate Co Ltd— A 27 ' , Last Sale Price x Bid A Asked ' j 1998 A ■i; 3Vis registered 1997 Lake Siioie collateral goid f. , N Laclede Gas Lake 1959 114% Y General 103 97 —. certificates 103% * 101 ;; 105% 102% "30 — 106 ■',» 103% „ series 4s Reiundiiia and impt 5s 103% 100 J, 103% 37 105% 114% 114% Kentucky & Indiana Terminal 4%s 1961—Jan-July Stamped 1961 —.Jan-Juiy Plain 1961 Jen-July 4%s unguaranteed 1961-, „-Jan-July Kings County Elec Lt <st Rower tn> iati'1 Apru-u^t Koppers Co first mortgage 3s 1964 April-Oct 5s '; Refunding IN 104% 104% Period York Central RR Co— 3 Consolidated '• 103% 100 A 104'/* . L^w "105 103% Interest - 1* . High ' , 1950—April-Oct BOKDL' New Ycrfc tlMk Exchange* New April-Oct %\ ,■".3 4>. VJan. 1 April-Oct 1975 MARCH Friday Friday's > or Bala fries V Kenawha ft Mich 1st mtge 4s 1990.. Kansas City Power & Lignt 2%s 197to 1st mortgage 2%s 1978 Kansas City Southern Ry 1st 3s tAKreuger ft Toll ENDED K • ' WEEK Week's Range Low First mortgage 4s series A FOB 10Va 10 *103% 103% *99 —r- J lQlVa 11 Va 8 10% 103 103% 99 99 *102% 108 * 106% 106% __ 103% 103% 113 *112' 113 a X- w 10"% 103% 103% 111% ' 113 Va 111 112'/a J ' ». Volume' 171V Ntimber 4895 / THE I !>■» ( Friday East . Interest v- Period Week's FOR Cine Chicago & St Louis RR— General mortgage 6s series A 1970 June-Dec General mortgage 5s series B 1975___ April-Oct 108 107 ; mortgage a%s series E 1975 Aprxl-Oct Coke & Chem 1st mtge 3%s 1964__May-Noi; First mortgage No. 4%s series -Low 87 : 1 103% 10 103Vi v 107% 5 83 9 100 103 Apnl-Oct *! Terminal RR . 87 103 1 102% 103 4 101 93 1959 April-Oct *93% 94% 93 96'A I960.— Ashtabula & April-Oct Ry— 93% " ' ; B 1962 Feb-Aug general 5s series C 1974 ■ 94 v . 92% V! ' !'• First general Pittston Co 4%s series D 5 V4s Income Potomac Elec Power 1977 1st mtge 1964 3V*s I960 100 100 993/4 Jan-Juiy *104% 105% Feb-Aug Jan-July 'f 1005/a May -Nov refunding mortgage 3Vis 1968_Jan-July refunding mortgage 5s 2037__Jan-JuIy First and refunding mortgage 8s 2037—June-Dec First and refunding mortgage 3s 1972__May-Nov First and refunding mortgage 2%s 1979_June-Dec 104 Public Service Electric 3s debentures & Gas Pacific & first Term RR of New Ohio Cent & debentures 104% 104 30 *106% 107 % 105 % 109 debentures 151% 151% 223 5 Union 223 Oil Union 109% 6 Pacific V ref 222 225 *105% 106% 106% 1063/4 104% 104% 104% 105% 104% Jan-July (R J) Tobacco 3s debs 1973 Gas & Electric Corp— mortgage 4%s series D 3%s series H General mortgage mortgage General *102 1013/4 j April-Oct t§ARutland 3%s series I U S of Missouri 33/8s 101V2 '■ . 99 45 , 101 128% 105% 105 105 131 »A 1033/4 25 106 . June-Dec 103% 103% Jan-July 103% 1033/4 3 63% - : 334 52 67 28% 879 21% 32% 96 26 67 25% 66 JApril-Oct 96 92 96 *101% 1 \ 101% „ 101% RR— 16 May-Nov l975__April-Oct Afay-Nov debs 1970—June-Dec —1 of America Feb-Aug 23/4s RR 95% 104 Vi 105% 107 Vi : i 7% 8Vi I 8 Va 10 Vt consol gtd 4s series debentures convertible *98 V2 100 % 98% 993A 90 92 A 92 1955—Feb-Aug 102% 1 92 98% . *106% 107% 105 105 Mar-Sept *102% 103%' 302% 103% lOo 105 1979—June-Dec 5S *88% S May-Nov ; 1303/4 103 103% *99 103 % 88% 90 1 5 * 91% 101 99 14 110% 100% ,104% 104% 1973-April-Oc# 114% 25 1105 *104 April-Oct 3s series B 1995— and ref mtge 3'As ser C 106 127% 130% 127% Jan-July 1958_^, Virginian Ry First lien *105 Mar-Sept April-Oct mtge 27/as ser G refund *103% May-Nov 1963 consolidated First t 106% , 97% 103% April-Ocl 1967—— *98% 3%s debentures 1959—Afar-Sept refund mtge 2%s ser E 1975 First and refund mtge 3s series F 1978 1967—Mar-Sepf :.»■ 105 96 20 96% Virginia & Southwest first gtd 5s 2003 10 96% 103 99% First and First and 8% 96% 96% 103 sinking lund series B 1957— Electric & Power Co— Virginia *106%;;.;. 8% 103% 103 1 April-Oct May-Nov — *106% 107% *7% ; 8% 103 103 1991-Afar-Sept 1966 debentures 1976 debentures s 105 102% 102 % 102% 102% 110% 103 Va 104 % 1 — „ , 1976 2%s *103V8 *104% 102% 92 Vi 5 2%s 109 103 *109 1971 23/4s 1968 California Rubber 3 VeS *120% 4s RR 93% 106% 105% 1977—Mar-Sepf 1967—Mar-Sepf 1969—Mar-Sept stamped 1949 Jan-July 4%s stamped 1941 Jan-July tARut-Canadian 106%* 100% 1 99% 100 . *1303,4 137 Impt 3%s 1960__June-Deo 2%s debs 1961 Afar-Sept of United Biscuit Co Consol 93 mortgage 3Vis Series J General 1974 Refunding mortgage 2%s series C ■ Vandalla General 100 and Corp debentures 2%s R Reynolds , 3a/as 126 105 105% U 151V* 151'A 151% Reading Co first & ref 3Vis series D 1995—ilfay-Nov Rochester Pacific— Orleans First mortgage and coll trust 3s 1964_ E ser 105 2% 2%s 37/es Ave Universal Pictures Oats M 119% 104 29 <101% 101% . June-Dec 1985_Jan-July 2000 Ry first refunding 4s 1960 AAdjustment income 5s Jan 1960 Co— 1963 and Quaker gold 5s refund and Union Electric Co First and First High 77, " 1990_ApriZ-Oct C 6 105 34 1 06 % 105% 1970_April-OCt 33/8S series Tri-Continental May-Nov 1956 1'7 , 3»%s series B M JThird 101% 1984 4s Low 105 106 *100 1043A 105 *105 Terminal Jan. L No. *107 Mar-Sept First mortgage 2%s Providence ; M refund Tol Jan-July First mortgage 3Vis 1977 First mortgage 3s 1983 Orleans RR— refund Texas Pacific-Missouri 5 ■ 108 June-Dec debentures New and General 96% .' - 108 „ Range Sine* Sold High *104% 105 * __ May-Nov and Texas June-Dec *111 Bond* Friday's 12534125% C 2019—-Jan-July 1965_: First '96% series impt 27/aS series D 1985—April-Ocf First 94% 5s impt M 4s series and Texas & ' Youngstown and Refund 1023/4 *93% or Bid & Asked of St Louis— Assn Refund 101% June-Dec general Week's Range Last i Rale Price ' Low Texas Corp 3s debentures 101% 101'A Period j 103 87 '» Interest bonds I High ,4j ...»i New York Stock Exchange 1958 A 4V2S series C mortgage Pittsburgh 108 100 % 100% Jan-July mortgage 4%s series B First 26 ' 31 ■ f Pittsburgh Steel 1st mortgage 4V*a 1958 Pittsburgn & West Virginia Ry— MARCH Jan. 1 High . ENDED Friday Range Sine* geld 106% 107% General Pittsburgh Consolidation Coai— 3%s debentures 1965 ! . WEEK Bends ■; Bid A Asked Pittsburgh First (1377) Range f Friday's or Sale Price Low First CHRONICLE . l;, BONDS .jus; New York Stock Exchange First FINANCIAL NEW YORK BOND RECORD - RANGE Pittsb & COMMERCIAL 103% 104% 1 7 Wabash RR Co— Saguenay Power 3s series A 1971 St. Lawrence & Adirond'k Second gold 6s 1st 1996 Mar-Sepf Louis St Louis-San Francisco Ry Co— 1st Rocky Mt & P 5s *104 gold 5s 1996—Jan-July _l_4 April-Ocf St stamped 69 1955-Jan-July 7"-\ ■ Louis-Southwestern First Paul St Paul & Union Scioto' V Depot 3V«s B & New England 1st gtd Air Line RR Co— '* Seaboard 3s debentures Union Skelly Oil 2%s coll debentures 118Vi 10 41 Vi Ward Baking Co— 120 99% . *126% * • * 1981— lOOVi 100'A 81 79 % 104% 127% 100 1971. trust 99 *102% ^—-April-Oct 98% 1941 -Feb-Aug 7s 101% ; 124 75% ' *' ,'V* * ' V 1970 98% 27 98 :' :v„r Vi 59 *102% 103% ... 99% , 102 Vi 99% Western Union Telegraph Funding 103% and real estate ^ :> North Ala RR gtd 5s 1963—_April-Ocf Telephone & Telegraph Co— 3s debentures 1978 Jan-July 2%s debentures 1985 Feb-Auy debentures 1987 Southern Indiana Southern " 99 27 98% 106% -106% 106% 100% 101 *104% Jan-July * 10 100% 104 — 4%s 3s 102 105 a___—Map-Nov Pacific Southern 95% 97 Vi '93 93 94% 59 "92% 100% 101% 1,701 100% 102% 103 103 % 93 I May-Nov RR Southwestern ♦TOG Bell Tel 2%s 2%s 1983 Internat 1996 1961 1994 debentures gold 94% 94% 16 93 ACertificates 95% 88% 89% 7 87% 90% 96% 7 95 ' 963/4 115% 115'A 10 94 Vi 94 95% 3 22 ; *108 *101% 102 April-Ocf 102 Swift Co 2%s debentures 2%s debentures of 102% 49 4%s ? 103 97% debentures 102 a Jan-July 107' 40 not 102 102% T7 *. 103% 106 l/a 104% 105% 14 106 107 Va r" 64% 57 62 V2 4 5«% 64 72 59 79 55% 593/4 IOP/4 104 Va 104% 105% 101% 102% 100 100% " 103% ,103% 103% 2-3 f:i05»A 105% .105 *101% 3 100 A 6 ICOVa 100% 82 99% 89 V8 69 85 . " 100 100 Va 4, 88% 88% :v— 1971 :• 111 \ ' ■ 30 101% 102 7/a 196 106% 1113/4 11 101 7/b 103 »/4 102 103 3 102% 103 1 101% llOV'a 111% I 101% — 114% 115% 1Q1% 7 102% 102% v, ' * 102:iA ' *102% 103 V* ; . .115% . . 102% 102% .115%.115% ♦ " ; 77% 7 77% 74 43 77% 787/e y1 77% 76 45W' 55 99%' 3 41 46 Va ___r \MT; 99 Va -99% 100 Va 107% 107% 99% 100% ' — V *106% ;Z, . "7 '<■ lOOVa 100 V8 not n Included In the year's range, d-Ex-interest. e Odd-lot sale Under-the-rule sale not included In the year's range, r Cash y Ex-coupon. 104% not sale - Act, or securities assumed by such companies. ' bination selling issues of > . on Exchanges. both " current week. 4 . • previously listed were sales all 7 flat. ' . ♦Friday's bid and asked prices; no sales being transacted during 102 104 sale on. the Curb Exchange. 7 This 1950 year's range is a com¬ NEW YORK CURB EXCHANGE WEEKLY AND YEARLY RECORD In the following extensive list we furnish a complete record of the transactions on New York Curb Exchange for the week beginning on Saturday, Mar. 25 It is compiled from the reports of the Curb Exchange itself, and is intended to include every security, whether stock and ending the current/Friday, Mar. 31. bond, in which or annealings hdve occurred during the current year. " 7 7 7' ':-7' ,, : 7 Friday Week'a STOCKS : • Last «; Ranger New York Curb Exchange Sale Price of Prices •-. 7 ' ACF-Brill Motors Acme Aluminum Acme-Wire Co Adam Aero ; ' Air Inc 1 Supply Manufacturing Manufacturing Associates Inc foot notes (N J) see page 29. 1 4 common Air-Way Electric Appliance For Low High r IV* 1% 100 3 33% 1,800 l'/a , Jan - High 4% 1% Mar 3 2% 1,100 14 2334 Jan 4% Mar 3,300 Jan Jan 5% __3 1.0% < 1% Jan 73% 73% 9 - 500 9% 1,500 10% 4. 23% ^Jan Feb 12 Jan Jan 7% - 1 Sales * Range for Week of Prices Shares - Sale Price Par Alabama Great Southern Low 50 : Alabama Alaska Alles Power 4.20% 87 -101 Range Since January 1 High Low 89 101 preferred-—100 ' Airlines Inc..i & Fisher common ... Allied International 10% Last ; High ' 90 150 80 Jan 89 Mar 99% Jan 102 Feb Jan 600 10% 2 • - , * 5 .1: > New York Curb Exchange 21 4% Week's Friday ' stocks .,,7 Range Since January 1 10 Agnew Surpass Shoe Stores Ainsworth Sales Shares 3 Alloys FOR WEEK for Week IV* common Hat Stores Low Par warrants. RANGE ' Jan 8% 7% Jan 9V2 Mar Feb Products Allied Altes Investing Corp (Mich) common.! Brewing Co__^i.— Altofer Bros common .-a __a 1 43k 4%' - 5,700. 5 4 Jan 5Va Mar 1 1 3% 17% 17% 6 6 4 Jan 200 3% 5 —1 • ■ ]! 1 '» , Light & Power 2%s 1976_Jan-July year's range, I 91% ' Mar-Sept Jau-July 1979-i.' delivery the i 100 3/a 77:/~';" 7; ..,, gNegotiability impaired by maturity. ' 7'. 7 .7 V..7"*7 tCompanies reported as being in bankruptcy, receivership, or reorganized under Section 77 01 ilTheso 101% *103% 104 Vi —Mav-Nop in ABonds 102 106% 106 106 58% 63% ■ Jan-July —April-Oct Jan-July — Included in the year's range, the Bankruptcy 983/a *99% Jan-July-. V 52% 105 97 Va 17. Deferred included 104 30 97% 102% 103 Vi Jan-July 1966- 1972 1973 52% 105 3/e 50 106 Va 107% 106% 4:7.777V7777-'''Y Yonkers Electric 1 *103% 104% J- 10 1053/4 105% 105% 105% 3976——4—June-Dec 4 77. 3'As 101 103 ' deposit— Service 101 1023V. 108 [06% *50% -April 2013 Public 53 50% '1' 1 '* *105 Jan-Julv 1960 Power 2r%s 2%s mortgage : 106 - 106 V* 109 101% *107 1985 : Corp .77 105 V Mar-Sept 1973. J;.-i' .;-<V 7*1 96 92% 103 105% 105 % 106% 107 First Wisconsin 1203/4 114 66 104% 104% 106 Vi - Jan-July Jan-July 1974 Oil 2% s 97 96 Vi Oil of California 2%s debs 1966--Feb-Auy Oil (N J) debentures 2%s 1971—Afay-Nov Sunray & 983A 94'/e —Afay-Nov debs __a first B first 4s •' - . 95 103% .... 91 89 1 ^ 53 53 102 A 102 .t'ii fWisconsin Central Ry—* ^ v . < : I .-.gAFirst general 4s ;1949-u. —-Jan-July ACertificates of deposit. 4Jan-July 8ASu & Du div and terra first 4s 1936—May-Nov J ASpokane Standard 103% 89 __Jan-July —Jan-July Jan-July Jan-July 1986 first debentures Standard 993/4 , Wisconsin Electric Ry first consol gold 5s Div 100% ! I960-—---^-Apr-Oct - 3%s serA 1975_June-Dee gold 5s 1996— St Louis Div first gold 4s 1951 3 Vis 86 , Co— Devel and general 4s series A 1956—a April-Oct Devel and general 6s series A 1956—April-Oct Devel and general 6 Vis series A 1956—_April-Oct Memphis 83 78 95 Vi 1981. mortgage 2%s series E mortgage 2%s series F mortgage 2%s series G First 79 99% 100% ' convertible debentures wi First 78 i 2 69 79% .. *101 June-Dec Mar-Sept ; .-'First mortgage 3%s series D 1967 Wilson & Co first mortgage 3s 1958 99% .< ». r t.. debentures 1023/4 102% Wheeling & Lake Erie RR 23/4s A 19924— Mar-Sepf Wheeling Steel 3%s series C 1970 —Mar-Sept Winston-Salem S San Fran Term 1st mtge First ; 1971 convertible 2.65s 107 Mar-Sept 1977 A 1969 4 %s * Southern 79 Jan-July 1994 (Oregon Lines) Gold. 4%s Gold Ry 2%s debentures 2%s ; J 106 .10 69% 124 124 ;i... Pacific Co— First i 98% •123% Bell —. 2%s — - 1950—,—May-Noo 4%s gold 5s 1951 1——4. 30-year 5s I960— Westlnghouse Electric Corp— ' 25-year -. 101 Va 102 ■ i ■• Apr-Ocf May 2014 Co— ,99% 89 ? 2361—4.—Ja?t-July Gen ' 60 173 11 *102% mortgage mtge 4%s-4s series A 1969 Western Pacific 4%s income A oan 12 " mortgage first 4s guaranteed 16 April-Ocf registered 2361—.,— Jan-July Western Maryland first mortgagees 1952_April-Oct ' — " 100 „7 73%v81 80% '78 "100% 79 : 77 V2'77% 4s 82% 98% 1 *50% * 55% - 1965————Jan-July 9 81% 99 - Socony-Vacuum Oil 2 Vis 1976—1.;. _j—_June-Dec & 79'% 100V4 Ltg 5s stamped gtd 1950-—-June-Dec 3%s 1967——-—:. Jan-July 3s guaranteed 1979 May-Nov West Penn Electric 3%s 1974 May-Noe West Penn Power 3%s series I 1966 Jan-July General 127 ' " - , South April April ref gtd gold 3%s 2000—Feb-Auy Terminal 2%s series A1 1970—Feb-Aug West Shcre 100% fV'v Southern . 1991 Westchester 106 1033/4 - ■ Jan B Jan first RR Washington 103% 105% ,7 — A (subordinated) debentures 5%s General *103 .—June-Dec Corp 66% U! series , debentures 2%s 99 62 %- 105% 105% 105% 1989__May-Noy 1974 Oil .119 ■ income 4%s series mortgage 3 'As series B '19711-4 Fcb-Aug Walker (Hiram) G & W 23/4s debs 1966—_May-Nou Walworth Co conv debentures 3%s 1976—May-Nov. 99% 103% 103% April-Ocf 4s 69 273 .•*' 4s Income mtge Warren 119 103% mortgage 4s series A 1996 .Jan-July AGeneral mtge 4%s series A Jan 2016—--May Seagram (Jos E.) & Sons 2 Vis 1966 —June-Dec t§ASilesian-Amer 64 / *■ mtge ;7n7-..' First . First Shell 92% 62% May-No* Nov 1971 '< 72 1 :v ". 91% 62% \ . Gen Gen 71 99% 91% 1989_Jan-July and ref gold 5s series" A 1990 Jan-July Duluth first cons gold 4s 1968.June-Dec General St 1989 4s inc bond certificates 104 Vi 65 72 *98% 77- ^ Ry— bond certificates 4s 103% ' 69 ''if'"' '. mortgage 4s series A 1997 1—Jan-July mtge inc 4%s series A Jan 2022—_May Second 104'% 69 *73% ASecond St W - 3% Jan 250 16% Jan 18% Feb 100 5% Jan 6V0 Jan 6 Jan 5% Mar : 26 (1378) FINANCIAL CHRONICLE COMMERCIAL & THE NEW FOR EXCHANGE CURB YORK RANGE WEEK Monday, April 3, 1950 MARCH »1 ENDED ,* * ■> Friday Week'a Sales Last Range for Week STOCKS New York Curb Exchange • Par • Aluminum Co of America $3.75 Bale Price cumulative 4,300 57% 25 6 25 6 51% Jan 96% Jan • 101% Mar 24% 100 6 100 6% 26 Jan 5% pfd conv 15 American Bantam Car Co class A American Beverage common Book Co. 49% 14% 14% 1 1 1% 1,800 14%: % 13% 200 - 300 \'i Mar 90 76% Feb 83 1% - l American 4%% Gas A preferred 34% 11% 20 20 20% 19%. Jan 21% 16% Jan 18% Jan 15,300 3% Feb 4% Mar 15% 15% 15% 1,700 13% Jan 16% Mar 55 53 55 1,800 47 Jan 55% Mar 128 _Z H X132 tlf U . 5% Mar ' >• cO * Mar i to » 1,300 116% Jan 4% 300 4% Jan 1,000 6 Jan 7 5% 133 , 5% Mar 500 7% Clark Claude Neon Feb 6% 500 12% 650 12% Jan 3% 1,000 2% Feb 6% ~6% 7; 700 6% Jan 7% 180 109% Jan 111% 111% 4% xll% xlO% 11% 9,000 • Xll% Xll% 12% 24,400 10% 10% 10% 1,500 10% ; 114% 900 8% Jan 11,400 x21% Feb —2.50 10 Products 22% 23 23% 24% 11% 12- • % % 52 Jan 225 41% Manufacturing Co 2% 2% 2% 49% 50% 4,100 175 44 5% 5% 5,500 5 15% 15% 16% 5% 8% 7 6% Feb Continental Car-Na-Var Corp 6% 17% Jan 7% 300 5% Feb 6% Jan 8s 16% 16% 6% Mar 9 16% Mar 22 3 . 12% 12% 10% 13% Feb Feb 1:, A Baldwin 1 Reynolds ♦ „ Wilcox Co • 7% preferred ^ Baldwin Rubber Co common Banco de los Andes— American Barium Steel A ^ 30 Z common ««i!r.Telwh?ue Co Canad* of Watch Inc Sc Hedges Inc s 3% 3% 4 6% 7 13% * 5% 12% ZZZZZl Brillo 1% 7% Light~& "power 1 Class A British " American dep -rets Amer dep rets ord Amer dep rets ord Columbia Class bearer Junior preferred Rubber Co Bruck Mills Buckeye Bunker 23,300 7% 200 54 56% Feb 3% 13% class Su B 10% 10% 5% 19% 6,300 900 :< 6% 6% 23% 23% 35 22% 250 22. 22% 300 Burd ■ 8% „ 24 Piston Ring Co Burma Corp Amer ' Jan 10% 1,100 77'%: 77'%. 2,400 69% - 26 26 1,700 5 5% 12% 5% . 8% Mfg class A debenture _50c common 3% Jan 7% Feb Devoe & 25% Feb Distillers Co Ltd— 22% Mar Feb 33% Jan 22 Mar 23% Jan 900 8 Calgary A Edmonton Corp Ltd Canada Bread Co Ltd Canada Cement Co Ltd 6%% preference Canadian Canners Ltd ..—5 common -100 Convertible Canadian 1 ...10 Class A ; \6% -25 Dominion Tar & Chemical Co Ltd. 2 Feb 75 23% Jan Z Jan 2% Mar 13% 1,400 11% Jan 5% 14% Driver 1,700 5'A Jan 6 4,400 14% Jan 20 Mar 1,400 17% Feb 19% Mar 6% 100 Jan 6 6% 11% Jan 12% 13% Mar 16% Carey Baxter Carman A 7% 300 % 19« 11,700 4% 4% 5,900 •7 Mar 9 ■/ir Jan 3% Jan v 5 3% 3% A Kennedy Inc 5% 100 6 ®8 19,700 9% 3,700 Light $5~pfdZZZ see 13% 150 6% 34 400 29% 29% : 14 140 v ; 120 ,'v — 13% 13% 140 " Feb Mar 12% Jan 5% Mar 15% Feb 36% Jan Jan 11 2 10% 8'/a V Jan 14% Mar 146 Feb - Jan 11% Feb 2% Jan 9% Jan 1,300 ; 1% Jan 22% Jan 24% Mar 11 Jan 12 1,100, 11% 200' 11% Jan Jan 29 Va Mar Jan Mar 135 23%x24% 23% 2% 300 : 2%. 2 7 10 x7%; Jan Feb Mar x25% ' 1,100. 140 11 «'■ ' Feb Feb 1% Jan 12% Mar 4% 4% ,J;4 14% Jan 3% 4,300 17 17 17% 9V4 18% 24% Feb 9% Mar 100 73% 500 27% 27% 98 10 % Feb 69 74 Feb 24% Mar 125 2% Jan 200 29 Jan 85 50 • Jan Jan Jan 23 5 9 Va. 4% Mar 38% Mar 16% 500 71% Jan Jan 37 98 Mar Jan —1 5% . 5% Feb Feb "4% 700 13% ~3% 2% 4,900 4,500 Feb ,2% Jan 12% 2% * 4% Feb 14% Jan 3% Mar 4% Jan 2% preferred 100 Jan 700 7% Jan 400 7% Jan - 27 Jan ■ - ( 9 % Mar > 150% Mar 3% 150% Mar 3% 84,900 19% 1,250 8% 8% -600 8% Mar 9 3% 3% 700 2% Mar - t 75'A 81 310 114 114% 275 3 3% 5,200 63 Jan 3% Mar i Jan 197/« Jan 30% Jan 3 .100 common $3 convertible Mar Jan 4 25 - 62% Jan Jan ■75 Feb 67% Jan 1 —5 10c 22% 16 105 "5% 5% 15 17. 1% 1% 23 18%! Jan 1,400 10% Feb 81 Mar 25 77% Jan 500 8% Jan 61,300 17% Jan 23% Mar 3,700 11% Jan 18 ;. Mar - v. 17' 105 400 10% Jan Feb 105% Jan x6% Jan Z12 4,700 1% ■ i 5% Jan 103% ,10 6 18% , Feb 1% 9,900 19% Mar Jan 1% Mar ' preferred. 5% —1 Eureka 44 Eureka Pipe Line common. x45 5% Mar 6 ^ Jan ft Jan ,Jan 16% Feb . 5% _.l Corp Ltd. -Jan 300 6,900 44 1 Esquire Inc 42 75 15 .10 Jan Jan t Jan 112% Mar 3 27 V, 81 ,20% 3% Mar 2% 17 Feb 10 63 10% 17 pfd » 81 21% Equipment - Jan 73 % Mar 75 200 3% 21%" 21% 21% ...1 —1 i Jan 63% Mar i "ZZs Equity Corp * 19 Jan 3% 2% Mar 67 70% Mar Common shares of beneficial Int.. ...1 Mar 28 3% 63 $5 pfd shares of beneficial int. 9 1,650 preferred series A $6 preferred series B Eastern Sugar Associates— Mar 900 68 % "3% ,. 9% Mar 73% 63% 63% .25 $7 2% 71% 2% 100 Eastern States Corp 5% Mar 24 prior preferred Eastern Malleable Iron Jan 7% Jan 17 Mar" Jan 1% Jan 13 Mar 4% 5}i Mar 8\ Jan 13 13% Mar 81 Jan 114% Jan 3% Jan Fi ♦ Mar Fairchild , Camera A Instrument 1 27 27- 22% Jan 22,000 4% Jan -7,200 10% 281,500 Fair child Engine A Airplane 1 5% ; '5% 5% Fansteel Metallurgical • 10% 10% 11% - page 29. Jan Jan 21% Jan Mar 6% 1 '•'V.Vi" ''''^0.00 "3% ■ 8% 8% 3 3% 60 Feb, 250 - Electrographic Corp common 114% Jan 35 6% A ...2% "Electric Bond A Share common 8% Jan Jan Mar 3V4 Jan 18% 96 % • 81 Carr-Consolidated Biscuit Co For footnotes '7 v'lt, Easy Washing Machine class B 1 2% 50% 14% 35 ; ... • 2.50 6% Jan % 3% Mar 800 8% Co Carnation Co common Carolina Power A 7% Jan 6 3% Jan 12 5% Mar „fo - Corp common Duval Sulphur & Potash Co Feb 1,600 9 19% 3 2 % Mar 10 14% 14% Duro Test Feb 1,200 22% i 47% Mar Jan 110 American dep rets ord reg —£1 —1 Duraloy (The) Co Durham Hosiery class B common.. ~ 1 Mar Dunlop Rubber Co Lt Mar 20 Harris Co Duke Power Co Feb 14% 5% 5 Feb 17% Mar *9 Feb 400 73% Emsco Derrick A Z 5% 6,700 20 % Empire District Eleotfic 5% Empire Millwork Corp. common Jan Jan 7% / 5% Feb 11 , * Draper Corp 24%,iTeb 2% .100 Capital City Products 1,200 ,1% Dominion Steel & Coal class B 100 6 it • Jan • Jan 12 voting preferred Canadian Marconi Jan 34% Jan % Jan 5% Jan 11% Jan 16% —1 Jan common 7% 32 k —1 Alcohof—~~ Class B' non-voting Canadian Industries Ltd— 6V4 700 14,700 1,700 • Raynolds class B Domestic Credit Corp class A__ Dominion Bridge Co Ltd preferred Industrial 1% 19% Mar Jan 700 1 American dep rets ord reg 4s_ Dobeckmun Co common "Z20 ✓ Jan 3% Mar ; .. Feb1 1,700 5 8'A 2% ...5 ZZZ commonZZZ Mar 88% Jan,' 10 2.50 1% Mar 9 Z__i Jan Feb 5 vMar 30 ___• 8% 1% Mar • California Electric Power Camden Fire Insurance 1 "13% 5,200 • Jan < American dep rets 5% preferred..—£1 Estate.. 1 Calamba Sugar 2% Mar . Jan 14% 78% Mar 150 5 Manufacturing Jan • Products Jan 10 common ; . 17 6% Electric Jan 108 4% 1,600 Detroit Gray Iron Foundry. Detroit Steel Products 4%% Cables A Wireless— 116 400 ___25c Eastern Gas A Fuel Assn common.. Cable Jan Jan 1,700 ; Feb Mar 12% 3,600 t z 77% Mar 26 104% Jan 20 , 11 Jan 1,200 ' ._10c Dennison 19% Mar 19% 19% 7% A 4% 9% Jan 113% Z ....1 Detroit Gasket & Jan 11% 1 ~~12 %o 7% Mar 45% Mar , 25% Mar 100 Feb 13% dep rets Burry Biscuit Corp 33%: Jan - 5% Inc.. 23% Mar . 24 2% vl9 12 6% Jan 1,425 50% Mar ; Jan 62% Jan 5% 18% ' Jan 2,400 : ...35 16% ! • 39% 1 7% Mar ~2~50 Feb 5% Mar 5,400 i- ._50c Jan • 111van__ZZZZZZ 6% Jan Feb Dayton Rubber Cu class A 5 5% Jan 4% ' 3% Dejay Stores common, 500 19 Feb 4% 2,500 2% Mar Davidson-Brothers Inc common 23% Mar 19% 6% ' .2.50 84% Mar lo Jan 1,400 Jan Jan 12% 5% Jan 4% Mar Mar 2% Jan 1% 9% Jan 7% Mar 19 24 14 32% Day Mines Jan 51 8% • Jan 13% Mar Jan Davenport Hosiery Mills Mar 9 Mar 78 ' Jan 8 D Jan 160 -- 31 Mar 16% 32 2.50 Line A 4% 7% 100 175 _i J common common Ltd Pipe Hill 4 • * 8% Mar Jan Mar ' 5,400 5% ; Dominion Textile Co Ltd commonA " Co 11 50 21 lOa class B (E L) 7% 2,900 11 6% DistilfersZZZZZZZZZZZZZ 1 Bruce Jan Jan £1 reg__ Power Brown Forman 4% cumulative Brown "5% "9 52 270 £1 ord reg Ltd— Celanese British 160 80 % 22 6 1' Lighting Inc common Curtis Manufacturing Co (Mo) Tobacco— Amer British 99 23% Co.ZZZZZZZZZZZZ* 6% 26% Mar Jan 23 • common 200 2,700 Feb 78 19 ' jon 8% Jan 22 5% ZZZZZZZZZZ* Light Co British-American OiF 2% 3514 7% 80 • common Gas 1% Mar 33% Mar 22 . . Corp 56% 4% Mar 3.000 Curtis 800 11 "4% Jan • Cuban Tobacco common 400 95 3 Atlantic Sugar Feb 500 Jan 4% Mar 1% 30% Mar; Drug Co common Cuban 17 29,700 ' (Md) Feb 7% f 5,700 "A" partic Jan 1% : Jan 15% Mar 5 Crowley Mllner & Go— 5% 34% Feb 12% 78%, Jan 16%,, Jan 14% Mar 6 Crown Cent Petroleum Jan 7% xl5% < Feb —1 — 12% Jan Feb 2% Mar LL Brewing Co 17% Jan 65% 1,200 Crystal Oil Refining common $6 preferred 2 15 99 Mach" Co" com"* Manufacturing Co Jan 7% Mar 5% Mar Jan Jan 44% 5% 11% 900 1% (ord reg)._£l Crown 12% 500 ^ Feb n receipts dep 3% 50 f- 5% 12% j _ Bridgeport 14% - Jan % . 2% 26% 50 convertible preferred 5% Mar Jan 8% 223,700 8% 4% Jan 6% Mar 10 Jan 1,200 16%' Croft 11% Mar 1% 7% ZZZZZZZ* . common Brazilian Traction 38% Jan 33% 1 Bohack (H C) Co common • 5%% prior cumulative preferred. 100 Borne, Scrymser Co 2s Breeze 9% 1,300 Ridge Corp common ZZ_1 Blumenthal (8) A Co common.—,i;_ _* Inc 35% Mar 13,100 6% Zl Blue Bourjois 300 1,300 1 common—25 common common Birdsboro Steel Fdry A Blauner « 11% 1 Benrus Feb • Inc_ZZZZZZZZZZZ Beau-Brummel Ties common Beck (AS) Shoe Corp Z_ZZZI Blckford's : 37 11% 19 Jan 7% 600 _• Crown Cork Internat'l Baumann (L) & Co common Benson 37' 1 LtdZ Pwr 59% Jan Jan 7% 900 - 15% ——1 common Crosley Motors Inc., Corp Aircraft 52% 3,200 100 Refractories Bellanca 55 shares Barcelona Tr Lt Basic 53% 17% 18,300 „ .1 American Locomotive— Feb " 7,200 $1 preferred class A Petroleum common Creole Petroleum Babcock Jan 900 5c Cosden Courtaulds Ltd— B Jan^ 64% 1,400 Jan 1,300 11% 13,100 Corroon & Jan 150 Feb 9% Mar 60% Mar 500 " common Jan 9% Jan 1,100 17 Jan 7% Jan 150 5% 25 ' Ayrshire Collieries Corp 4% Feb 1 Cornucopia Gold Mines.. Feb 8 Jan Continental Foundry & Machine Co—1 Cook Paint & Varnish Co. f Feb 100 . 3% 6 Va 700 1 Jan 51 15% Mar 2,300 5% 8% 2% Mar - 3,600 100 Jan Jan 3% Mar 38% Jan 600 .100 Consolidated Liquidating Gorp_: ±—• Consolidated Mining & Smelting Ltd—5 Consolidated Royalty i.011 lo Jan Feb 7% Feb 400 1 Jan 21% Feb ■ Feb 275 —_—* 4%% series B preferred Feb 7 37 • •' Consolidated Gas Utilities Mar 21% 8% Pwr Bait com—• 1—; Feb 173 " 4% 6% ' Vtc ext to 1956——. New common Jan 95% Mar 22 Jan '"3% . 25 3% Jan r 600' „ —1 67% Jan 5% 3,300' 7% 25 Consol Gas Elec Lt A 10% - Jan 14%< Jan ' 14% Jan r V.: !§ Jan 50% 5 6% Feb 21% ordinary. Commodore Hotel Inc 12 % Mar % Mar 1,400 . 53% • preferred 9% Co common, • 142% 650 " 7 . ' 50 Feb Jan 85% Mar Feb •: ' 14% Jan 2,420' 21% • Jan Jan Jan 7% Jan 8% 500 Community Public Service. Compo Shoe Machinery— Mar Jan 26% 81% "Jan '-94 7,700 • Colt's 5% 4% \ . 1 Jan 11% •M5% 15 1 Jan 23 • 4% " Colonial Sand A Stone Co 116% Mar 25% 21% 161% 173 . 1 Colonial Airlines Jan 12% - 4%. common Colon Development Jan 11 Jan 15% —1 4% preferred series>C „1 . 12% Jan 23% Mar 6% i Inc 10% 4,600 Z* Automatic Voting Machine Avery (B F) & Sons common 10% 2,300 11%. ZZZZZZZZ 50 IIZZZ ZZZZZZZZZl Co 10% 22% 24 l *' 3%. Jan Inc 1% Mar 6% 3% Mar ' Cockshutt Plow 4 % Mar Jan 115% 116%, • 4,000 700 ; CJub Aluminum Products Co Jan 112 Feb 50 - 20 9% 1,700 : Clayton A Lambert Manufacturing;.*—4 Clinchfield Coal Corp common 20 3% Mar 6% Mar 84% i 9 —5 10 —1 Homes Controller Co— Clarostat Manufacturing Co Jan 13% 6% 12% 1 5% 84% . 10 common City & Suburban Jan 3% - 12% ■ common City Auto Stamping—! Mar 6% Corp Cities Service 4Vh Mar 6% ~_1q Corp warrants Plywood Corp 6% 16,600 3% $7~pfdZZ preferred. Steel Jan 3% Associated Tel & Tel class A Atlantic Coast Fisheries Automatic 1,100 3% - 4% — 1 AmerlcaZ " ♦ Mar 6% 5% Aspinook (The) Corp ZZZZZZZZZZZZl Associated Electric Industries— >v American dep rets £1 reg Associated Laundries of Atlas 128 1 non-voting Line 35 4% 1 Equipment Corp Oil A Refining Co Coast Feb 6% 5 £1 Ashland Atlas 27% Jan Ltd— Co 6% preferred Arkansas Power A Light Atlantic • 17.200 3/4 Appalachian Elec Pwr 4%% pfdZZZZlOO Argus Inc Arkansas Natural Gas common conv Feb 35 u Apex-Elec Manufacturing Co $1.20 : 31 32% 2 Angostura-Wupperman Aro ( Feb Jan 33 u dep rets ord reg A 37'A Mar 31 26 1,600 5% common 34% 26% Mar 28 preferredZZZZ—5 ; 100 37% 27% 26% 1 % Mar 5% Jan 400' —10 Cherry-Burrell common 5 Chesebrough Manufacturing com—__10 Chicago Rivet A Machine 4 Chicago A Southern Air Lines • Voting trust certificates —* Chief Consolidated Mining 1 Charis 250 37% 26% 26% 4% Products Common class 850 26% 5% common 5 High C —v— preferred —— 100 preferred opt div series 100 pfd opt div series. 1929.1—-.100 Century Electric Co common 10 Century Investors Inc 2 Convertible preference —: .—10 Cessna Aircraft Co cQmmon —.1 Chamberlin Co of America 2.50 Jan 1,800 4% * Paper Amer Jan 16% 10c common 5% Anglo-Iranian Oil 13% 300 600 5% Conv 41% Mar ' : 22% Mar Conv 36% Mar Jan 10% Jan 3% 2 preferred Angerman Co Inc Jan 39 • common American Thread I 1% 5% 5 5% 7 'lo ; 16% ZZZZIIlIo American Writing preferred 1 % 14% *- __ 100 1 pfd 100 SCentral States Elec 6% preferredi.100 3.50% ' 34% 600 Low": Central Power & Light 4% Jan "3% • Post 2% 2 common Class E Anchor Jan l American Natural Gas Co 6% pfd™25 American Potash & Chem class A • series 2 ' / 25 Superpower Corp Co—L Corp of America Central Maine Tower-Co— > Feb 115 110% Mar ; 50 -r-r 20 Manufacturing Co comZ American Republics American Seal-Kap 125" Range Since Jannary 1- - High i 5% 4%. -.1 Jan Mar • 1 Catalin 4 9% Mar 87/a Jan 1,700 35 11% 1 Laundry Machine $6 3,100 2J/s 11% 1 Maracaibo Co American Metal Products American Meter Co 1 2 2 % 25 American Amer 93/4. 110% 110% 10c American J 9% 9% 100 $2.50 convertible preferred American Hard Rubber Co American 2s 6d common— common .10 Electric— American General Corp common $2 convertible preferred * Co Central Ohio Steel Products B Shares « Castle (A M) A American Cities Power A LightClass (J. W) Products Casco Mar 83 for Week * dep rets B oAJ— Amer Caner » 1 dep rets A phi Amer I til Mar ft Jan» 4,500 1% 82 15 Jan 18 '1% loo • 50% Sales Range Low. Par Ltd— Carreras 4 Jan 50'/a Mar Feb < i Jan 8% Mar 45% Week's » > ■f 58% Mar 1,000 99% 100 • common Filter American 54 j Sale Price-: of Trices -, 1 ' v- High Low Friday Last New Yerk Curb Exchange . ' Aluminium Ltd ■> 54 * Range Since January 1 Shares High 99% 100 - Aluminum Goods Manufacturing.... Aluminum Industries common Amer Air Low ■ • common preferred of Pricee STOCKS ' / % Jan 29% Mar 6% Feb 12 % Jan N umber14895 Volume .171 • THE' COMMERCIAL NEW & YORK FINANCIAL CHRONICLE CURB STOCKS V .Friday t * f Prices, Loto ; Par of High '**67 Fire Association (PhJla).. 120 2% 2% 4,000 33 % 33 % 20 irst York Corp common dividend, cumulative preferred . 203a x61% 76 ibt&ord American deposit Ford Motor of Class A Class 3% reg Canada^ 21 24% 24^ 25 25 fk (Peter) Brewing convertible (Geo 21 25 28 A Feb 4,400 11% Jan 8% Mar 9% 300 7% 7%- 100 * 350 32 34 12% 12% '7% 29% 1,900 Feb 11% Jan Jan 7% Feb 10 Jan Mar Klein (D Emil) Kleinert Knott Gatineau Power Co common—.. • -I.. 15% Gellman'Mfg Co common i 1 General Alloys Co-.—— General Builders Supply Corp com—1 5% convertible preferred 25 General Electric Co Ltd— Amer / dep rets ord reg_ 4% k. J X / 8 7% % ———• 5,000 •• 150] 6% ■" 3% ' 3% :/3 .3% : 5% 5% l 50 , r 111/4 11% 12%; pfd—25 Griesedieck Western- Brewery.;.... 16% 17% 2% * - 4% Jan *- •;v, * ? 150 > . ..V -,f' '12% j: 12% 7 15% 1 ; 'V 13% j 7 141 145 v : 131% 133 ' . 450 28% , V ' ^ 28% n* ia% 10% 111 % 20 16% 25 ; * 4%« 49 %' • • !i- 1% 700 2% 10% 20% 16 123a 16 12% , Jan V 10 10 : •! 44% 44% , tl 2%.V r '.2% 87» 13 Jan 11V« -• -'2% Jan V" 11% Mar r 20% 8% 22 • 300 ■ Mar' ' 10% Mar 44% Mar 6,200 % 400 34 Va 50 10% ^ 50 125 *' 10% Mar 43% 8% 43 Jan 9% Jan 3% Jan ; 35 Ma.r , 13% Jan Feb i Jan 46 163 10 160% Jan .167 Feb 34 1,300 32% Feb 34 Jan Jan .23 600 86% . 83% "2% :: —. preferred 52 * 700 52 81 V J^n 700 2 15 15 : 3% 15 % • *•' 200 200 650 * —10 International Safety Razor B Investors Royalty, , Mar '10 19% 19 19% 19% 19 Va** 19%' 11% 11%: 1178 9 ,rll: 9 100 120 105% 106 % 82% i " 8 Jan 83% 1 7% 8% 113 Jan * Jan a , . J •' Jan "7% 4,300 ian 10 14 • 12 1,200 1 "Mar '• • Jan 15% Jan ■ Mar 83% Mar : -'I- ' d—__— * 22% Jan For footnotes see page 29. 29% Mar Jan 12 y« 11% Mar 22 Jan 27 FOh, 26% Jan 23 24 25%; 23 10.200 600 fiOO 24 25% 26% 8% __ 9 deposit——* I-"/. . U A"' 1 V 14'4 26% Feb '■ 8% 7<800 Jan Ay* ¥6r Feb ,7 % - ■ • 27% Mar Jan Mar 350 23 1 .1 ; 1% Feb * Louisiana Land Ap Exploration. 1 Loplsiana Power $ tight $6 pfd-..--• Lypch Corp ————-—-2, 30% 30ys 30% 5,100 26Va. Jan 14% Mar ' May' Mar' 31% Mar, 13% 13 13% 1,200 111% Feb m2 Mar *14% Jam 8% 8% 400 8 Va Jan 14% 14% 600 14 Jgn 13 500 12% Mar 13% -ft 10 — Mangel Stores common— Manlschewitz (The B) Co 13% 13% Mar 54,500 585 152 121 ,/Jan: 131 Jan 106 14% 12% a ... 'r ; 113% 9% Feb -115% Ma?-. McWllliams Dredging 21 Vs* 4% 4%' 7% 7% : V/a 1%, -6.% — . 609 7 7 t 4% Jan 100 ■>. ■.*. 55% 9% - 7'% .-' . . 2,500 7% 7 Feb 800 7% 9% 9 Vt 9% 2% 2 }|{, 5,200 9% 9% .• 4,100 213 26 450 13 14%. 900 100 20% 1,200 20% 20% 9% Jan 101! . Feb ! 17% Jan; 4 ian . 3% Jan 20 , .21 Jan 2% 2 2 1 —50c 5% 6% • , 30 y« 10% io>/4 , 5»/4 Mar 30. .Mar .32% Jan 1% 5,000 1,400 225 5 V2 • 30 , Feb; loy»Mar 2,600 Jan 34 Feb 6% Mar 101 • 7% 7% 2% 2% 3,700 2,200 100%. 100% 75 7% —1 1 2% 107 > 2% " Feb IOO 2% * 182% 183 , 102% Feb 2% 80 176% Jan Jan 105 "39 14 V14 - 32% 32% 14 34% 100% 101V4 "~% 24% : 24% 200 43 -44% 44% 8 1,00) 24 . 32% . . •• 183 Va Mar-" 6% Feb 15% ?/a Mar 25% Jan .45 14% 500 12% 10% Jatt 13 13%: 200 4% 300 14% Mar Feb 5,000 *12% Feb " V:-" ~1% "1% 4,600 1% Jan 28% 30% 11,400 28% Mar > 22 23% ■7,700 22 Mar 02y4 Jan. % Jan 2 JFeb 30% Mar ■' 13% Feb 23% Mar:, 95 Mar 5% 6 13% 6 500 800 Jan 16% Jan 7% Feb UWar 13% •13% 1% ian 5% N 12% Mar 10 Nachman.Corp Namm's Inc 3% : '•* 3% 378 6Q0 3% Jan Hess common National Breweries common Mallinson Fabrics National Mfg & Stores common National Pressure Cooker common Radiator Rubber 7% "8 1,300 1 3% 3% 3% 900 England 11,300 7% 7% 7% 500 12% 12% 100 8% 9% 1,700 35% Mar Tel Ac ~9% 95% 95 Mar New 12% 8y» 7 8% 600 6% 7% 1,300 "3% _4% 2,100 10 Vt 7% Mar , 5% 4% 5% 96 Jan 32% Feb , 36% Mar 13 Mar 9 Jan Jan 14 Jan 8% Jan 11 Jan 10 Ya 8 Mar 9% Jan 6% Jan 7% Jan Jan 18% Mar 17Va 33 Jan Jan 4% Feb 4 27% Mar 12% Tel.———100 Mar 3 Neptune Meter common Nestle Le Mur Co common— Peh 350 12% 3% National 3% Jan 7,300 31% 8% Mar 3% 19% 3% 29% 4y» Radio... 6% Jan 17% Jan 3'% 27% 32 5% Machinery Car Ltd National Transit common Union 1 ' Jan 3% "3% Co— 5% Jar Jan • 1 4 27% 2 4 10 • 1 30c 5 :—1 3 _. 1 * 13% 12% Mar 3% Mar -25 7% preferred National Fuel Gas National 4 —1 common National Bellas 13% 2% Jan 53.800 2y2 Jan 1,600. 24% Jan 900 5% Jan 310 92% Feb > Mar i 8% Jan'i 7% Mar 12% Jan 35% Mar 104 Janl Jan 11% Jan .38 Jan 13% 12 , , </• Mar 950 . 7% 7% 31% Jan 97 Feb 50 1,553 Jan 105, 13% Mar 1,600 v« y» Mar Mar -107% Jan * 3%l Feb., Jan 5 1,200 1,200 6 . 7% Jan 3% Jan 34 y4 Jan 5% 6 •< tll% Feb 2% Mar 99 500 106% 107 Jan; Feb 2% Jan 6% Jan 25 23 y4 Jan | • Jan 26 Jan 13 3% , « 8%.Feb / Jan 2ftVa 13 1% ' l'/a jan !i 8% Jan 2/j Jan 9% Mar 25 24 - . 7% Feb, 8% Feb 25% * ———-50c —10 ,• Feb 8y8 • 65% Mar- 7% Mar ; ,8% Jan Jan 900 , jan * 8 :. 1 Mar 7% Mar 1 5% 116, Mar 6% Jan. /Jan, 6% 200 1V% ',1% 8 53 20 3,000 7%, 7% non-cumulative dividend shares—• Monogram Pictures common Monongahela Power Co— 14.40%" cumulative preferred.——_100 4.80%" cumulative pfd" series B^~100* Monroe Loan Society com class A—1 Montgomery Ward «fe Co* class* A • Moody Investors participation pfd • Morris Plan Corp of America 10c Mountain Producers -10 Mountain States Power common -• Mountain States Tel & Tel..——-100 Rights w i—— ——-— >Mt Verncn-Woodtoury, Mills 5 Murray Ohio Mfg Co.. * Muskegon Piston Ring common 2.50 Muskogee Co common— 10 Muter Company common 50c • 2% Feb 1% Jan 104 Va Mar 1 5V4 Jan. 5% Jan 7,000 5%. 55% __ F common 5% •: • ..15, Piping At Supply common 2,000 . V/a Jan Ja n: 77/» Jan 17 "Feb- ; 13% Jan 1,800 1% ,. ,81 Jan 6% Mar 200 6%15%, 5% !25C 7% Abrasive /x7Va Mar- .1% Jan , 100, 5% Oil Co 50 4% — common— Jan 3% 400 1% 15 1% Jan 7% Jans 121% Jan | 4% Mar 6% Jan, WOO 30 1 2.50 Co T -2% Feb, 6% 18%, Jan 7,600 —i. preferred— Jan 2% Jan Mead Johnson &.Cp— Menasco Mfg Co 1:— Merritt Chapman As Scott Corp— A preferred *30%.Mar 600 7Va 7 20% ... ^... tJlVaMar: 36 Marconi' International Marine, Communication Co, Ltd — Marion Power Shovel-.— Massey Harris common. convertible, preferred 14% Ja n ; . 31Va Mar * Mapes Consolidated Mf« Co— National Steel : Feb 10 Va 1,725 National — Preference 15% 800 8% Jan 1 Feb' Corp com class A—* Julian & Kokenge Co 22 ,' -fH 11 8% Jan 7% Jan 11 % 29% Sulphur Co (N J) 20V4 125 Va. National Lake 22 —— ian :;-:.Feb,V; «102 75% 4,750 Jan 13 Jan 103 ,1,100 f 81 11% Il% —* preferred -100 Iron Fireman Manufacturing vtc____* Irving Air Chute. ! I 1 Brown Stores common . Molybdenum Corp 20 / 98% Jan 8% ' 1,100 15 >15% : 18y4 Mar. 11% Feb ^200 4.90% Jefferson x!5.?a Feb,, 13 A,000 9,10Q. 113%: 10 Missouri Public Service common.. Mar" 4 20 18% Mar » V-1.000 100% 101 , 105% 8,000 '••■ Public Service Co— 1 Jim 7% Jan .: ian.f 14% Feb, Jan Jan 28 13 50, Mining Corp of Canada..—... • Minnesota Power, <k Light 5% pfd^-100 18% Jan 3% Mar : ——• Jeanette Glass Co common 12 Va , 13 .4%% convertible preferred.. ' —* International Products— Italian Superpower : Jan ; 5% Mar • International Petroleum: coupon shs w 8V» Jan / 8V4 Jan', 22% Jan 142% Miller Wohl Co 3% ifan 7% Mar < ; Industries A ,, Mid-West Refineries Mar 16 3% Jan 14% Jan '' —50 Mar 6 400 Mar- 5 12% Jan ■ 118 Midwest 2% ian 17% ian 'Feb Hydro-Electric— $3.50 series——.— Feb 135 Midwest 4% Jan 52 Feb, 14 ; f American dep receipts registered—£1 Indianapolis Pwrdfc Light 4% pfd_—100 Insurance Co of North America——lo. Inernational Cigar Machinery... 2,100 2,400 j; -14% Feb Jan 120V2 Mid-West " 3 Va.. .1—5' Imperial Oil (Canada) coupon. • Registered _—.—— • Imperial Tobaccofof Canada 5; Imperial Tobacco of Great Britain St -Ireland ; £1 n% 6% 7%. 7% 6 12% 137% ,$2 88% Mar Feb, 175 14% 4 Imperial Chemical Industries— com . Jam 2%-Jan~. 100 100 Midvale Mar 23 Jan 4 : 110% Jan 48% Jan 8% Jan 100 2% J 2% 14% ,18% 4,400 4% 4 5?v;>' Common stock warrants.—— Light 16 10% Feb 6V« Mar 20, Michigan Sugar Co common--.—— ,6% preferred —«.+..«—.10 Micromatio Hone, Corp — — 1 Middle States Petroleum common 1 Middle West Corp common— 5 Midland Gil Corp $1 conv preferred—• Midland Steel Products— 48% Jan . 2% Mar 31 1 Jan 22 Va %;. 86% Manufacturing Co.. I—5;,: pfd.. & 700 10% 10% 16% -L Michigan Bumper Corp Michigan Steel Tube 102 108 y2 ;-5 Illinois Zinc Co common. Lpng Island Lighting Cor—;" ^Participating Jan 13% Mar Mar 77 Mar 2% 163 Hussman Refrigerator $2.25 Power 14% 9% Feb . 2% Mar. 200 2% .5 (Texas) —.... LpnginesrWittnauer Watch Ce__ Metal Textile Corp common—— Mar 16 12% ' 43% .... Iowa 2 V2 7% Jan 13% Jan 4% Mesabi Iron Co.. 11% Jan ' Jan 9% • ...100 Iowa 600 26% Mar 26% Jan Lpne Star- Gas Co rft%% 8% Jan Jan -- 10% (Harvey ) Inc common... Humble Oil & Refining— Illinois G & E com w d—.1 1,100 14 • LpWaw Groceterias class A—-Class B Locke Steel Chain.; Warrants Feb 33% Iowa 9% |15y« McClanahan OU Co common..— McKee (A G) & Co class B — Feb,-." 2% Jan ' " Jan 500 Jan 50% 12% Mar > 800 ' 46% - 34% ... Registered shares 9 ~2% 5 1 Lake Shore Mines Ltd— 1 Lakey Foundry & Machine 1 Lamson Corp of Delaware., 5, Lanston Monotype, Machine—...——3 La Salle Extension University— ft Lefcourt Realty "common 1. Le Tourneau ,(R QX Ipc.—w..—1 Lionel Corp ^common —— • Lipton (Thos J) Inc 6% ^preferred—23 5% Mar 1 c Mar 100 -10%: 1 ..9 v 'Mar - 525 ■ 6% 17 6% Jan # 1,500 12% ' • ■ . Jan •' 1% Jan : -1% Jari ; 10 % Jan " 74 —15 Hubbell Metal 14% Mar 15 Maine Public Servlco Co. Jan '• 12 Feb 14% • •96% .... International 13 Vi 13% Mar McAleer Mfg Co common— 47% • ' 100 10% 12% ' Horn & Preferred 12 Vt Mar M 16 y2 Mar ^ a: Jan 2,900 14% 12% * - International 200 200 -9% - Macklntosh-Hemphlll Co Feb, .111% , 4% Mar •10% 3,500: 8 10 5 Holophane Co common— Hydro-Electric Securities. Hygrade Food Products Jan, Jan 13 14% ? 44% Feb Jan 200 73i —1" —— — lft Jan Mgr 31% Feb J ■l-.i 10% Feb Jan 80 1% 19% 110 Ynk V 137 > 16% Mar ..100 1—10 ' 146% Mar - Jap 109% 700 10% ' r 1 7% Jan, : 2 preferred Mar, 18 10 12% 1?% ign x-'f; i 9 ■■i -.100 Horn & Hardart Baking Co Hardart common Jan lVa Jan, 14 deposit 6 ft preferred B ctfs of deposit Jan Fgb >'16% Mar 40% Mar 600 11%' 48% 16 & Co .11% 5,800 18 9% Mar 7% preferred A, ctfs of 65 Jan r > 26% Oah 900 1% .25c Inc II,500 xl^ New common - -V>-.V" t 20% — 6 Oan 6% - 1 __1 Hoe (R) & Co class A... Hollinger Consolidated G M Holly Stores Inc— Jan , 1 Va 16% liJ8 Corp,(new) ^Common certificates Jan! Mar ' *47% Mar : • l5o 200 4% +* I... ( 28Jan ; 80 Jan V Feb 128% 1.300 11 ' 1%! Heller Co common— . 10 ,180 i, 28% 16% 48%; — 45' ^ , jan ;, 300 : 111 L. ...g .. Mar .9 . 100 41% : —1 Dept Stores common Hecla Mining Co... Helena Rubinstein common • 4%. Mar. ; : 61% Jan ; : 1,800 38% 39% -25 Hearn v v Jan ,'.■ ,'18%Mar: 2% Mar A-Mar 900 : ;' 7 10%V 10 ' „5 Henry Holt & Co common 2% • 142 • —1 Hathaway Bakerfes Inc.— Jan Jan 45 U Paper common — 2.100 17% Lit Brothers common 13 , 25 • 64Va .65 iVy4 ian v .4i%{ Hr\ 300 6,500 —5 Hartford Electriq Light— Hartford Rayon common—.. Harvard Brewing. Co___..____.._. w_— 3% 3% 19% Feb f Jan/^ l7/a 18,800 I 44 • > r , 5% Jan 14'/a Max ;: .» 'J* —• Hail Lamp Co„.— Hamilton Bridge, Co Ltd——— 1st convertible ,107% Feb V:*:" 11% Mar H Huyler's common: Mgr " :116% MAr 74 —2 Gypsum Lime St Aiabastine_____ Hurd Lock St 101 Feb v;-v 11 1^500 2% 43 Grocery Stores Products common.v.25c Gulf. States Utilities $4.40 pfd^.—lOO 5% 4% Feh ='-.\ Jan V "1,000 "2% . Hormel (Geo A) 107% Jan 8%. Feb 3, Mar 5M» MaT V 11,300 —10 Grand Rapids Varnish—; __ 1 Gray Manufacturing Co_> —1— 5 Great Atlantic & Pacific Tea— Non-voting common stock I 7% 1st preferred—— ___r__10Ci. Great Northern Paper— _________25 w w Jan Jan 25 I,400 3% — > 500 25%%26 ___ Horder's 8ys Mar. 113% Mer • . Class A.-;——— 38% 21 39% 24Vi Jan: : ' 14% .15%. i.—r . 13 105% Mgr 8% Mar 42 Feb, 24% Mar 3% Feb; Jan 7 3,600 39% 23 Laclede-Christy Company L*Alglou Apparel Inc— Jan ' *49% Feb * . 4,400 15.% • Goldfield Consolidated Mines— 5%% preferred w 7% F?b y. 14W v .1 Gorham inc class Al_— Gorhani Manufacturing common A9c preferred 2% 2,000 19% 5 conv 8% 8 6V« 39% Krqpp (The) Forge Co- " Jan 4% : 990 .3% 18% _1 Manufacturing Co 103% Feb Jan 7% Feb : > • Feb >' ♦ Gbbel (Adolf) Inc common Godchaux Sugars class A ■:> ? Jan .; 25 Glenmore -Distilleries .class B__ Hazeltine Corp ; > 41% Jan ; 2,500 100 • _„i. 10% Mar 10 23%Mar; • 7y2 Mar f 900 : 6 3%' ; •5% Globe Union Co Inc.— Hammermill 6% 10oy4 -~6 19% ... $4.50 prior preferred 400 r 12% Jan 3% Jan Feb v 45% 1 — Graham-Paige Motors 5% ; 8 % 44% _• : ——_ Goodman 7 . ? C) common Classi ,B 2 3% Mar 107% Gladding McBean <fc £o__ Glen Alden Coal t.1; . 6% Mar ;:;~7V* _l Giant Yellowknife Gold Mines. :i' 700 4% Jan iy«Mar ? .... Gerity-Mich Corp t 500 12 % 23 Kreuger Brewing, Cd—...— 93y< Feb, 6% Jan ' Georgia Power $6 preferred $5 pt3ferred a i 400 1% 3% 16% Jan • Jan ' 23 General Phoenix Corp, 1 General Plywood -Corp common. 50c General Public Service $6 preferred-.* , 5'V 1% ,_£1 1 10 _ '■5% preferred series A— Gilchrist Co 15% Jan 91 3% General Fireprooftag com mon.—• General Outdoor Adv 6% pfd__ 100 V- 300 i 12 Mar 13 >4 Mar. k , General Finance Corp common. Gilbert (A 16 9% Jan 100 , 21 11 Va Jan Co common—, Kobacker Stores _100 '5%' preferred : 7% Feb Feb, 117 Jan 13 y4 (I B) Rubber Co.. Hotels 15% 105% 105 % Klrkland Lake G U Co Ltd.. 13% Mar 500 10% 12% -lOOr -—- Jan ! 34 High 4% ian *U4ya Feb ' 21 13 y4 10% __ Kimberly-Clark Corp— '4%% preferred Kings County Lighting commpn 4% cumulative preferred— King Seeley Corp Kingston Products Kirby Petroleum ii 42,700 6 y2 150 V .. Key. Co common Kidde (Walter) &, Co— Feb; 18 19 Kennedy's Inc— 26% Feb Jan Bange Since January 1 Low pfd K&ngas Gas Si Electric 7% Kawneer Co 5% Jan Jan - 22% 9,200 16 %- 8% preferred I Co A) n 13 % Franklin Simon Av Co Inc common. j4Vz% 1,000 ;y. - ■. High 5% 5% Kaiser-Frazer Corp— ' American deposit receipts bearerFort Pitt Brewing Co..— Fuller •3% Feb Sales Shares K Feb *•: Ford Motor of France— * Fox 1,600 . for Week ef Prices Low Par 33 % Mar 16% Feb Week's Bange .. ' * non-voting___ voting B 3% : Rale Prfce Jan 31% Mar Ford Motor Co ..Last' - - Jan 3% f 200 STOCKS s , High Feb1 2% Mar 75 -'•■ . New York Curb Exchange FishmbiKlM H> Co— :5c to $1 • Bange Since January 1 Loto 68% 4 Friday ."-J- for Week Shares Range Price MABCH 31 Sales Week's Last Sale 27 'A/ EXCHANGE BANGE FOB WEEK ENDED New York Curb Exchange (1379) 4% Feb Feb 4% .35 y« Mar 6% Feb 97 Jan 28 & COMMERCIAL THE (1380) WEEK ENDED FOR RANGE EXCHANGE CURB ¥ORK NEW Monday, April 3, 1950 FINANCIAL CHRONICLE MARCH 31 Week's Friday Friday • Week's Sales Last , stocks Range for Week of Prices Shares y Sale Price New York Curb Exchange 1 Range Since January 1 " New Haven Clock Si Watch 1 Co 374 -25 New Jersey Zinc & Mexico New Park New Process New York Auction New YoA Si Honduras Rosarto 8% 74 common Co r. 28 ..10 10% 18% 19% 1,500 16% 16% 17% 45,500 U 12% 12%: 13 2,800 -. 18% 1 Niagara Hudson Power common—5 Niagara Share Corp common• 9% 9% ,~5 Northeast North RR Ind 11% 7% Jan Samson Feb Savoy 13 Jan • 37« 43% ■ : v > U* Jan. 7% 42% Jan 3% Jan 93% Feb . 2% .Jan J - 15Vt 15% 101 12,700--• 6% ... Serrick Shattuck i:''. •#.* :.; : ,,,: 1; ■ : ; Ogden Corp common Ohio Brass Co class B Ohio Power 4% 9o Oliver United Filters 300 .. 337a 12% 13 17% 1774 1774 16% 16%:. 100 10% 1174 545 114% Feb Mar 37% Jan 11% Jan 13% Jan J Jan 18 ' Feb 18% 400 17 *850 ;:■< 1674 Mar -- Jan 974 :'Hyl.„4: v; i ~ ■ ;; 1674 2,700 (j 2-/8 167a ,v • Feb 2% Mar •-;•'• Jan Jan Mar I 37i Feb1: 28% ■v.v Jan 157a 12,500 « "3% ;i% v 16% Mar M' 27a Mar -;: . 13,100! Jan Jan 3 V« Jan 22% Jan 277a Mar 84 V2 Jan 92 9474 f Feb 37a f. , Mar 100 88V2 Jan 2,100 37a Jan 77» 23,400 3V2 Jan 174 174 1,400 % Jan IV2 Mar 11% Mar 12% Mar ; V 9% Mar 10% Mar 4%- 4»/a 9574 Mar - 47» Mar - " 9% Feb - 10 1074- 1074: 3 •."*?: 274 274 300 3,700 ' 2% 2174 20'% Feb 2274 2,700 20% Jan 6174 6374 2,450 yy Feb 2174 22 6IV4 Mar -: ' — — 22% common—— 25 6274 1 Canada— —100 v 900 ' 3 % Jan Jan 22% * ; j:- - 2374 Jan 69% Jan 1 " 108 74 103 —/V . 20 y*:T. 107% 17% 1774 •.•<v. Feb 10974 Jan :i8% ' * — ^ Jan : -y , 197s Mar 153a 400 * : *3% "374 1,100 Jan 4 17% Mar 18% • Silex Co common 174 147i 674 674 * 5 * Corp 01 America class A Sick's Breweries Ltd ; Jan 17 - Mar ' 7,100 277a 91 1 1 snoe Jan 1% Mar 200 26 91 9474 1 100 17 4:. . 13 4% , 1 of 1674 174 " 1 Mining 6he» win-Williams 13% % 1% 5,700 17s - . . Jan Jan i ».274 i Feb 2674 —-—1 preferred 4% Feb * 33 ' f.:. ; Jan I Jan Feb 2,900 -T::' 1% Mar' Jan 41% 11174 - 400 »—• —1 :..-i - 60- 12% - • : . 1074 - — Securities; 2.90C . 33 O'okiep Copper Co Ltd Amer shares. Overseas 174 4374 j 11474- 114 33 » • B„ 1% 4374 114 % —15 class 174 43%: Too Oklahoma Natural Gas Omar Inc ~' : m common preferred 2% 25% ••:,;•■ 274 - i. Jan 1,000 374 > Feb 8,500 "3% 1 common Sherwin-Williams ■ 27 a", 1% 27/a Feb 3074 Mar Mar :1 ' 5 25 Inc Denn 'V 1 ; 1574 274 j, Mfg Co— Sheller * i. i• 2,700 . 2774 1% Shawiniean Water Si Power—— '' 274 : 500 314' 1372 Mar 26 74 1574 Inc_ Leather '■ 6 26% Mar - , ■ Safety Control— Corp class B Sentry 2.300 274 374 ''•'•• 1 174 'j,.. 2 ■:•• • 274 ■ common tlenerai B) (R Seton ■ 1 1 Sentinel Radio Corp common Jan 13% C . 4,400 Allotment certificates Semler . - .t .W- .8% Marl Jan 15% Mar 500 : 67s 6 V# —25 prior stock $5.50 102% Mar Mar Bros Seeman 6 • Jau 374 Segal Lock & Hardware— Selby Snoe Co ; Selected Industries Inc common Convertible stock 3% Mar 10% Mar • V 120 8% Feb Jan Mar,: 48 i-\ 84%.. Jan 774 10% Co Corp Securities 24% MarI Jan 2% 2,500 - Steel I« Mar 300 102% 102% Scullin Jan 23 Va 274 Manufacturing 15 V4 14% Jan 500 11%. Scovill 17% Mar ■ High Jan 2,200 1 Inc common (D A) Schulte 10% 297af —25c Fisher Brick Co— Sayre Si 1374 6,000 4,100 24% Mar 127 a x287a --1 United Corp common Oil Inc (Del) 2534r:.;l 24% 1274 J 19% Mar Jan 1 Low X28% -l 49 Oil Co Dome 31 ?•; i h 974 Jan . 1,500-.' . 3 74 3% 3*/s —I Northrop Aircraft Inc__, Novadel-Agene Corp Salt i , fc Feb Mar - 500.i. 46 1074 102%: 4%%. pfd- .100 8erv Feb v, ,Feb 15% ,_50 Co Pub Jan St 2474 Joseph Light & Power w d Lawrence Corp Ltd common 1st convertible preferred Jan 76% Feb 112% Jan 600 % il 17 . 4,300 23% 3 —1 Airlines Penn Northern 45 lis j 10 23 —5 Mines,, — aNorth American Rayon $3 preferred ,_50 * North American Utility Securities- Niplssing North Central Texas Oil St - 9% v Range Since January 1 High S 1% -v Mar - .10% 700 . Low Feb jr.;-V* — Nineteen Hundred Corp common—— 28 200- ~ . Shares Par Jan 59 Feb Jan 7- 200 28 %" 10% Corp— —cL—- —1 Niles-Bement-Pond 1% 65 28 York Shipbuilding "Pounders shares-,- >. 1 23 7 Mar 7% 800 for Week Feo 5 3% Mar 49 ' 13,500 " 74 7 common -10 New 100 4,000 ? 9 1%-" 174 Merchandise New-' York 54j/4 8:/4 1 Mining Co Co V 1% % Mar 300 334 53 7s 54 ...1 Land Arizona New 74 Range of Trices High. Low High, % .-20 convertible preferred 4%% Low Exchango ' " Par Sales Last Sale Price STOCKS New York Curb Jan £?:, 18% Feb 3Vs Mar 4% Mar "* Simmons-Boardman Publications-^- ' v u •> , ■ ; " -1 -i'-.'%:■•' • ' $3 convertible 11% Mar: : 28 -* 1 * 100 preferred- Simplicity Pattern common ; Simpson's Ltd class B___ Singer Manufacturing Co Singer Manufacturing Co Ltd— Amer dep rets ord registered Smith (Howard) Paper Mills 574 '••.:• 302 * 29744 100 6 Vn 574 309 300 28 1,500 390 -'f' " Vr. Jan ; 269 3074 Jan > -Jtfary - 5% ,7 ,v . Jan ulr Jan'4 ' ; " Pacific Co Can common 8%% -» 1st pfd 1st preferred 5% 1st 5% redeemable preferred Public $130 1st preferred— Service Page-Hersey Tubes Pancoastai Oil • : 25,900 29,600 Coast South Penn 15% Jau Southwest 25 Jan. Southern Feb ,7:. 41% Feb• % Mar 3 Jan ' 17 x22 V2 Feb 27% 10% Feb 12 Jan 474 - l - -11',2 " 103 -- 900 25 - ,25'% — -- - - 400 4% 44% - - • 150 24% 29 — 11% -11% 15,700 2% 7-4% - 4 Mar 5,200 108% 373 200 u. - 4% -736 'T: v 7' 4%. ' . • >' 55 1174 10% ' 87a 12.50 Pa Pipe 26% Line. • { 1 • Pittsburgh Metallurgical California I •ji Jan ... preference convertible preference —25c 2.50 preferred 63% Jan Jan 40]/a 5 • 1.900 .7 'j 500 .., - Feb ' Mar 12 '•-' ■.7 2,600 1%- ...K; 9.809- Oil Standard ' 7 !■' Jan-' % 6 .$7 >./, Jan 1 14% 53 --560 - Jan ;'1Jan 400 6% 14% -7 14% 12 ; - 14% 1% 1% . 4 -"-•75 - 35 •- - 12% ■ •r 7 —1 25 4 Jan 18 Mar Jan Mar ; ■ ■-•*'•1 14% Jan 95 Mar Jan • 5V4 Jan 7% - • —i"-- 100 104% 105 G.200 1% 8,500 1.100 - 10% 900 " - 105%" 1q xl02%104% 17% :;; V- common—'* •■'• :•'.•' . common preferred r ' 73 ' •425 16% -17% 11% 73/s 106% _ioo Quebec Power Co 15 -Mar 95 ^Mar- 9% Jan 12% Mar Jan 7% 1,900 11V3" 375 7% 1.700 106% 108% 156 • 1% Railway & Light Securities— Voting common Railway & Utility Investment A^ Rath Packing Co common Raymond Concrete Pile common—- ' $3 convertible preferred 10% Mar 103% Jan (Robert) Si Co Finch Oil 99% Jon 14% Feb 104% Mar 17% Mar 11% Mar' 7 !•>% Jan 98 'Jan 13% Mar 23% 300 21 Jan 109 V* Tampa Texas 4 1% Electric Co Inc Power A Thew Shovel Thor ; - 372 Jan - 3% Jan - - - • 140 v t c ; pfd F common.! 26'/a I 2,900 8% 8Va 4 % 4% 4% 500 3% 3% 3% 1,200 1 1 Vu 1.30C 1 Jan » 9 47,300 Light 79c Co 4% - • 2,500 . , 874 Mar 7% Mar 173 - Feb - Mar 7% v , Jan , 674 Mar 4 2 7i Mar - 3 Jan 5 - '.~2% 13% : 5 % 2% Jan 1274 7% Feb 874 Jan - % 3% Jan - 1474 Jan 200 •^ 1,900 - 21V4. 1874 Jan 37a Jan 2V« Mar -13- 1,100 19 V» -4% i 375 Jan 20% 2%* Jan 9%J 100 8V2 6 Jan J Feb *; Jan ; 24 - V Jan 2% 2,700 ?i' ; Jan 16% Jan • ' . 'v'fr " 5% Mar''- 1674, Feb - , 174 Jan,;-; Jan • 400 rv Jan r— 200 5 Va' 21V4 2% 25 1,300 14% . ,y; Jan 2,600 - i IS 21% •, • 2 %• 2 Va -175» Mar- -11 Va - 300 i iv*- : <22% Mar 1,200 47«18 18 13% 150 , 674 Mar ---474-Jan 16% Mar 300 : 7%' l 17% 9% . 34% 35 19 V. 2474 2574 122 preferred. 100 ;■ 33 Jan" 3% i" Feb '■ 97< Mar • 60 —5 1474 1474 13 Jan 119 100 12% Jan 1674 600 47,900 : 12274' —5 common common Markets Inc. 200 Feb 13 V2 35 74 i Feb Roofing Inc—- ~7% __1 12274 Jan __1 734 : 8 700 v 14 74 1374 1474 Jan 28 Jan 27 Feb 1474 -18' 7% Mar : 600 1274 Jan 180 75 Jan Feb c / Jan 874 Jan 1574 Mar : 102 / 6 Va Jan 9% Mar preferred Feb 4 1 Jan 1% Jan iJ Mar 1 Jan 3 3,200 27s Mar 4 Jan 3 374 8,100 2% Jan 374 17% Mar 1974 U U Feb 26 26 50 2074 Jan 26 874 Jan 1274 Mar ll'/s Mar 14 74 Mar 1 1174 11 1274 8,000 • common 80c convertible preferred 14 Va 13 74 14 Vs 2,600 Realization Corp 32% Mar Union Gas of Canada 2.100 2% Mar 4,800 2 Feb .5 3 Va Jan 2% Jan 102% Feb Union Investment Co_. 190 98% Jan 200 25 Jan 9 Mar 9% 1,600 9 Mar 40 Mar Aircraft United 7% 2,200 6% Jan 22% Mar 9% Mar 10 Jan 8% Mar 22% 23 10% 10 Va 10% 4,300 8% Jan 10% Mar 9% 9 Va 9% 42,900 7% Feb 9% Mar 1 5V4 5 5% 700 X5 Va • 3% 400 7% Mar 4% 10 600 1,000 Feb 3% Mar 7% Jan 25 % Jan 8 Va Jan 6% Jan 5% Jan 11% Feb United Products Chemicals Corp • 100 common—50c 75c Amer 1 % 774 100 725 Jan Jan Jan 3 74 Feb 274 Mar 1274 9874 Mar V 64 __ 3 3'4 3 Jan 1674 Mar 874 Mar 10074 74 ? 397a 3 74 48 ——' s 70 Feb Jan 33 51% 3734 & Jan Jan 40 74 27% 29 74 9.500 355.700 3% Mar 40 27% Mar 3{* 374 16.800 — 18 18 . r 7% Mar - 40 - 17% Feb Mar 374 Feb 9.700 150 • * /Jan 274 Mar 8.100 3974 28 % ' common ; -i-i ;• Trf 397s 7 participating preferred Co 8'4 9974 % 7 Molasses 8 74 * ; United Milk Products United 11 . 1.200 6,200 * common i T: 1674 9874 V 99 % warrants Ex-rights w < " United Elastic Corp United Light A Railways Rights •" " 2% . $3.75 preferred series A Union Stock Yards of Omaha United _. 74 1534 — Union Oil Co of California— 36 % _ 2 2 74 16 " Jan "■ _10c Unexcelled Chemical Corp 26 V8 101 Feb Mar U Ulen Jan 3% 1,300 273 74 • Jan 9 Va 10374 Mar 3 . _ 23% 7% Feb Trunz Inc Tung-Sol Lamp Works 27% 2U 7% 101 % 1,300 400 9% Jan Jan 200 , 2 18 550 35 10174 10374 Feb 1774 25% 100 78 Mar 45 174 36 • 30 2% 9% L' Jan Mar 1,300 3 1 „1 warrants 74 1,800 1% Jan 2% 35 102 5% Mar Feb 2l/a 100 _100 V 38 174 5% Mar Feb 4 3% l 1 474% 36 174 200 74 u __ Jan Feb 2% • Edison 4S4 V' Feb 58 5 Jan 16 Jan - V 102 100 100 16 ' Tri-Continental | Jan - 257a Mar f y • Feb 1174 " • 25c 29 1.23 2e» 8,700 17% 4% 4% 35 Tonopah Mining of Nevada Trans Lux Corp 1% Mar - ♦ Dane 1 t common Toledo 1 1 - 1 registered- __£1 Amer deposit rets def registered. „5s Todd Shipyard Corp common —20 Toklan Royalty Corp _70c Jan 24 V* 24% '~2% 5 common ' 155 • • Jbn6% Jan v 6%i -13.900 .. 7% :• 15. 25'/a 10 Ryan Aeronautical Co Ryan Consolidated Petroleum Ryerson & Haynes common •6 Va £ 5% Amer deposit rets ord Feb 24% 24% 29 Rolls Royce Ltd— American dep receipts for ord reg—£1 Rome Cable Corp common 3 Royalite Oil Co Ltd 8,200 2% J 3 ~7% 1 3774 Mar • 6% common Corporation Thorofare Jan 14% 55% Mar • Rio Grande Valley Gas Co— see Jan ' 7% 4. Feb. lOVaJans, 347/a . Feb 159 - Jan 1 Co Jan ,,18% . True Temper Corp 1 • Richmond Radiator For footnotes 5,800 - ■;17V* Mar: •, 7% Mar : Jan ,154 50 10 1 — Ave 135,700 7V» " 171 ? . 53 r 2% 25c, Corp ? 23'/a 5 Engineering; common 6 * Swan 105% Mar 100 13%: * Inc Feb ';•' 374 -7% Mar -'- Jan 230 '157 13% lo, Raytheon Manufacturing common5 Reading Tube Corp class A 6.25 Regal Shoe Co 1 Russeks Fifth 8 V»" . . 6% 1 i Rochester Gas & Elec 4% Mar 13 22 1% Mar Jan Mar 9% R Corp G% C'/a 4 1 Inc— Jan V j Feb 15% Mar ' 7^ • Jan 174 2% Mar 1,300 166 6 Sun Ray Drug common* Superior Portland Cement, Superior Tool A Die Co* .-'-'Mar*' 30 '■* o Jan 74% Jan 2,100 "~7% 1 i (The) 9% 37 Vs 11% common—* :• 'v • Rotary Electric Steel 600: 23%-. — Co & -1774 1 374 Mar 19 250 Jan 35 v •v >• " 2% il %• Tlshman Realty A Construction Tobacco & Allied Stocks Rowe 9'/i 3,800 20 9V» 6% ♦ (S) Feb Mar Jan 23 Va¬ (Hugo) Corp__1Stop & Shop Inc Jan % 23% ; Feb 474 900 .♦ 4 2774 Feb Jan xl6'% — 3174 Mar Jan 3% Xl6% . Jan 300 ordinary*—u—• ; 3374 Mar 4'/a 32% 300 6% r • — ' "' Jan 29 : - 2% Mar 17% k. 35 % — common 4774 Mar Jan Mar 26'% ;■ 400 36V2 9% ^ 1, j Stroock - Jan Mar 29% " 300 11% 10% * (J B) Co common Technicolor j r Roosevelt Field 2,400 " 3v; 17% • — Stinnes Jan ll1/# / Stetson 'v Feb ' 1 Sterling Brewers Ino__ {Sterling Engine Co— Sterling Inc Mar • ■ v , common Roeser & Pendleton Inc 10% 1 common u — Co Mar 28% 700 u 2% Co Canada Si (A) 4 22 4% / 4 % Sterling Aluminum Products common_1 60% Mar Jan •33 ■ 700 15% i'"'- Jan 6%-Jan : 30 ?00 7% 7 10% * -1- Stein 4 '17% Mar'- - 3V2 4 ■ - <*2,309 95 34 - ) . 7 95 • -i. r 3 400 4% - 6% Feb -2^§ of . Jan 23% 16 1, (The) Corp-.;-—:——1_—1 Co Jan Jan 2% . 19% Standard </<>■& 2V»- Jan L 18% 5.1QO - ■' - > . 1% Mar ;; 14 ; I 3% 2!i Mar' •• 974 " 1 : Light preferred Starrett - Feb 31 3474-. 2% 10 B— Products 37a Mar v; 46 4,300 ' 474'" 34 —10 Standard-Thomson Corp Tube class Bi. :'V<. Mar*- 23% Tilo Corp» 3 1.500; 31 Va ^ 4 74 • (Ky) class % .Jan i, ! •. V 14 1,500 267/4 "27%- ",':• preferred———,-20. Pow'er A Common Standard Jan ^ Vv.r- IT 8,609- 59% ~4 -i ; 17% 23 3% 1 Pyrene Manufacturing (Texas v 74 .3274 common—_1 Forgings Corp Standard 24% Mar- - - ---•4%-Mar-'^ - 23i 58% 4':7 • Rice-Stix Inc 30 V ;—.2.73 Dredging Corp Standard . ' ■ 25 V2 .V 210 ' 29 —•' $1.60 convertible Jan 597/« J Jan V 17% , 600 23 3%; _2.50 Puget Sound Pulp & Timber 24 %■ 23% 16% 23% ^ 7 •» * America Si 46%, 287a 30 .W: 1 5 5 Brewing Co Standard Jan 3% V2 Mar i- 900- - ?;•- Jan 11^ 1% 17% —100 preferred Electric 80 32 ,2674 25 Standard Cap Si Seal common Convertible preferred — 4(4. Mar« Steel :V.*58% common—, cumulative preferred Puget Sound Power & Light— Reliance 1,700 2074: 46% 25 cumulative Standard Jan 11% Mar- Jan 36 - ~ 2\h 10 — 4%% Rels 700 27 Vs. 3 2874 3274 ; 25 - 4r«i Feb ' vm-5%..jan£ 700- - 11%: : 5 20 1% «' 5 common- Producers Corp of Nevada Prosperity Co class B Providence Gas Public Service of Colorado— 6% 3%» 267a 20 25 convertible Stahl-Meyer lnc_ ikj-ii Jan - • Wi — 1 50 1st iweferred— - 1 —1 Pratt & Lambert Co, Prentice*Hall Inc common Quaker Oats Jan 8% Mar 20 - 25 original preferred cumulative preferred Speed Queen Corp conv class A 8uencer Shoe Corp -7-1109% Mar - ? 400 55 Va - 22 % 7" 7 V 2 common-- Pneumatic Scale common ■ 27s 1,300 Edison— 4.56% 4.32% ~ —• Pleasant Valley Wine Co: ' 7,000 8V2I 874 Jan ' 3 id 29% <-:2%- Feb-1 « 2% -1,350 % — %! Jan 1574 Jan ' Piper Aircraft Corp common Pitney-Bowes Inc Pittsburgh A Lake Erie,— ' Feb "374 "374 common common 26 V» Mar : •: Jan 100 37%:. 36 3% -3% ^ 53 V 22 Pinchin Johnson Ltd Amer shares Pioneer Gold Mines Ltd— ■ V4 1 48%' Feb ', ^ ■ 'Jan -107 108 - • I /v- 2% 32J/4 3,000 ' pfd_—100 .'-—--2.50 Jan 14%. 13% 1 Southern Pipe Line.: Southland Royalty Co 57 Jan ''■-i1 As/s Mar ' 3% Feb " 44% Mar • ... " * Corp Oil 1374 \ 1 1 4.48 % Jan 400 - - " • Feb Feb 300 10% 52 25% Co — common '4.88% Jan ? 7% v- - : • 5% Jan; ' '2% Tr," 5 24% 44% -i 25 com South Jan 10% » 7-7 r. 25 Corp Manufacturing Feb 104 ,V 39% Jan 2% 5% A Jan 32 V* * —1 — Manufacturing 80ss .106% Jan Co Sonotone Feb4 16% * common Pyle-National Co ' 2%: 5%* • 58olar Feb ; 29% 24 % 7 __ v*.. ; $5 prior — • A Mar4 29% •; ? 23% 1 i ..31 Aircraft Solar 14% Mar 1 Pharis Tire A Rubber common——-50c of Jan 98% 50 2%1; 5 Philadelphia Co common Phillips Packing Co— Pressed Metals *103 v __ 5% Penn Water A POwer-CoL—* Pep Boy$ (The)_'_— ; 1 Peppereli Manufacturing Co (Mass)__20 Perfect Circle Corpi— —2.50 •'6% Jan Mar.4: "' — , 2 Power jCorp of Canada 10b — — Ltd—, Polaris Mining Co.. Powdrell A Alexander Mar 28 34 29% Jan ' 28 275 29 — ' Amer shares common— A Electric class Penn Power & Light 4%% Ptenn Traffic Co_j—J— - 100 400 1,900 28% 100% 101% 7 __ • vtc 106. ;. . 101% * Penn Gas i-.' 30 28'% Pennroad-Corp * 20 x23% 23% 100 $1 cumulative preferred $1.32 cumulative preferred - Feb4 2% £1 7.37%. Mar, Jan — • Peninsular Telephone common: Pierce Governor Jan Jan 31% 28%' Parkersburg Rig A Reel— Patchogue Plymouth Mills Co 7% 34% 800 " Paramount Motors Corp.. Parker Pen Co Patican 600 5,000 33% " ~ common (C A) 9% 36% 32% 25 : (C A) 9 36 ~ : 1 25 common preferred Panatapec Oil 9 33 25 1st 5% Pacific "", 36% 25 redeemable 1st pfd series A Pacific Lighting $4.50 preferred— Pacific Power A Light 5% pfd . *r 25 — Pacific Gas Si Electric 6"lo • 427'8 Jan Jan Jan Mar Feb 2974 Mar . 374 Mar 10 Jan 19 Jan Ltd— deposit rets ord registered United NJ RR A Canal 100 236 Jan 24274 Jan Volume Number 4895 171 THE COMMERCIAL NEW & YORK RANGE FOR FINANCIAL CURB WEEK CHRONICLE (1381) 29 EXCHANGE ENDED MARCH 81 -A. Friday Week's Sales Last Range for Week of Prices Shares STOCKS New York Curb Exchange '.V v United Profit 10% Sharing Par 25c common preferred United Shoe Machinery U S Air U S Foil U S class Co preferred U S Radiator U S Rubber United 43% 44% 41'A 41% Securities Corp Consolidated —* 3'/a 2'A ... 3% 4% Jan 4% 5'A Interstate Power Co— ADeDenture Jan Isarco A 7s with Nov Feb 1% _lo A7s with Nov Hydro-Electric Co— 54% 5 3 • $4 convertible 3'A 26% Feb Milwaukee Jan 6'A preferred New England Feb 25 Jan 28 % Jan 29'A Jan 2% 5,700 26% 6% 55'/a Mar 2,000 Feb 23'/a 3% - Jan Petroleum 31 G% 2,000 5 Feb 6% Mar 74'/a 20 68 Jan 74'/2 Mar 31 50 27 Jan 32'/a Mar Gas Light Bond & Inc 7,000 3% Mar Baking Warner 1,300 2 Va 3% 13 % 13 va 300 r Feb 12% Jan Jan Safe 13% Mar Oct 1 Texas Utilities $6 preferred Western Maryland Ry 1% Western Stationery Tablet & Westmoreland Coal Westmoreland Weyenberg Whitman Wichita River Wickes (R Willson com__ C) Products 700 , ;% 6% 8: . ..... Water 26% 18'/a 120 28 Wocaall Pwr & Lt Industries pfd - Jan 8% Jan v 114 V2 106 Va 106 % 105% 107% 105'A 105% 98'A 100 98% 98% 105% 106% + 106'A 106'A 106% J106 f57 62 . 107 60'A 61 Jan-July 162 % 163'A 13 160% 163'A ApriZ-Oct 104% 104% 1 104% 105% California 32 V4 ; 2Vi Jan 900 ,17% 18 Feb 5 Va Mar 3% 13 Va 4 3'As 1970 & Bros 5s Inc 1989 ./ /;'/// v< A6Vas with A6V28 ex 2%s United 8V2 6V2 , Jan Feb Jan 12 1940 Bridge & Tunnel Authority—; ■ 1 95 ! 14 46 — 89 va ' 5 94 131 .+1-46% 5 > 96 141 " 79 ' —r: rr?\ 90 45 va' 58 44 . Service A7s ex Dec Dec 1 1947 coupon 1956 c Western 14 Jan 16 57% Feb 13 6s debentures income Penn 44. 10 :< 57 Traction / ' 5s ! 1954 i, 94 493 4107 , = — /' 104 120 101% •. / 97 107% 120 - 1102 91'A 4 i Feb-Aug —f '' V ■ 107 — — ,,120 ,-<120 —June-Dec 1959 63 62 J — { Mar-Sept June-Dec I960-- debentures f s 63'A 103% 102% r 60 i57 / / Union—/ Newspaper conv «, 103 . — Jan 10 Va 5s 60% 59 430 ; + West Jan 47 ; , June-Dec 1956 /»/ Hotel— o. . coupon 12% Mar 106% - 103% 103% May-Nov Co— 1940 1 Waldorf-Astoria a 446Vs ? 'Z 1969 Electric with 32V2 Mar 12% Mar ,29% Mar 104va Mar 100 46'A it Washington Water Power 3%s 1964.— 1,600 ;< „ ' Jan -July 1953——Feb-Aug coupon 4% Mar 14% 101% 106% 1947 coupon 1953 revenue a 7s Jan 1 Aug Aug 1 14 V4 Mar 12'/a '106% 101% 106% 141 -141 487% •* Jan 11% 94 ' '< l-_LApril-Oct 19461/ stamped Jan 14% 1 Industrie?— (Hugo)) 3V2 8 105 104 12 4106% 107 % Aprfl-Oct 13 Va 2 Feb-Aug : 1966--; 100 , 105'A 105% 106% 104% 101% 101% —-Jan-July —May-ZVou ApriZ-Oct 1950- 5s trust 800 400 104% 105 4104% 106 105 109% 108% 36 105'A, 105% 4106% —April-Ocf —. 3% 31 '/a iT07% 110 105% (Calif)—( 1971——— 13 Va" 31% „ Hydro-Electric Co— Mar Jan 9% Gas 1973—-. B Corp— stamped 1946— 3rd 7-4s'. 2nd Terni Jan " A / 22'A Mar Feb 7% „ series Gas 3s Corp Triborough 9,600 1965 —— (Hugo) A.7-4s Stinnes v" 21% Mar Feb *7% 1952 3s 1102% May-Notr Mar-Sept Mar-Sepf Jan-July Feb-Aug 28V2 Mar 17 V4 *7% Corp 3s 1981 Edison 3s collateral iStinnes . •175% Mar Feb 20 Va Mar 3 Va M motrgage 5s Jan Feb 50 3% 21% ref AStarrett : ^-100 common Woolworth 105% "30 1998 1973 ■sSpalding (A G) Jan / ■.50, 17% 25 Inc Woodley Petroleum 106 105'A tl05% 107 April-Oct Southwestern Gas & Electric 3'As 1970 Jan 1 Va I8V2 Mar 19 Va 17% and 1st Jan 1% '■/ 350, I 4%% llVa 6% 24 V4 5% Wisconsin series Southern Counties Jan Feb 158 200 18Va -1 . 103 1 Feb 1% II Mar 27 27Va 27% preferred xw__,*,_^_,™,._,__25 Winnipeg Elec common • 6 t 63% Electric— Joaquin Lt & Pow 6s B A Feb Jan 7% Mar • Inc__ i960 coupon Power California Jan llOVa ; Va Feb 7:500- 172 Va 175% • 5 Wilson Brothers common-..,,....-^. h'/o preferred w w-u ! Mar 4% 10 . Jan 9 V4 9,100. 2% 9Vi 112% Jan 1 Co Jan I1/* 2,850 *8 8 1 Co_ & 300} H' ■-/: % 5% . 10 —_ & 10 'A % 58 a 20 Oil Corp Corp u (The) Williams 10% 1st pfd__100 Mfg (Wm) l*/4 7Va Mar * ■ Inc Shoe 100 400 109 1.25 ■ 1940 debentures 6 vo Southern 1% 7% 1 Manufacturing 104 V* May-Nop Oct 1 1947 coupon 1960 Service Electric & Gas Co— 1st ~I% "l% 1% . 104 V4 104% 103 Hydro-Electric Co— Harbor San W 1% 1^ 60% 105% 105% Mar-Sept 1967 1961 Jan-July 3 Vbs 7% 30 warrants™ Aircraft Corp__ Wentworth West Co 101'A 4 4% Mar. / 3 13 Va 1 preferred. ^ tWaltham Watch Co. vtc Ward 55% 4 63 ex 50-year 4% • cum 49'A 63 Va 63 Vs 1970 Borough Gas & 5%s series A 1952—; 2% Wagner Baking voting trust ctfs ext—* 7% preferred.: 100 $2 4%s Power 3'As Queens 3% t Waitt 63 33 101% 102 ApriZ-Oct 1st mortgage 3'As 1968 ._April-Oct mortgage 3s 1971 ._AprzZ-Oct Lexington 1st mortgage 3s 1964 Jan-July Pennsylvania Water & Power 3'As 1964_ —June-Dec 3'As 2% • 1 98 57% 52% 51% 1st 4% i 20c/ 52 V» Feb-Aug 1963 to Southern Waco Aircraft Co 88 33 +30 Jan-July Park 27'A Mar 73 * Mar-Nov 1963.' Ohio Power Jan 31 5 Syndicate Inc Vogt Manufacturing _/. 60 High Jan 27% Mar 50 4% at 1% Piedmont 1 Venezuela 96 Va 57 Jan. I Low No. Valley RR— Extended 1% 40 v—. 1952_ coupon 6s Midland 1 1 28% 3 26% Vanadium-Alloys Steel Co Venezuelan + McCord Corp debentures 4%s 1956— Mar 5% Jan - Public . Jan-July 1952—" Jan Va Va Mar 1 150 1 28% 4 93 1 A6V2S with common 94'A Range Since Sold High ■ coupon 1940 1 Superpower 1% Mar -■ V-' — Altalian A6%s Corp 1940 1 1952_. Feb 18% Jan 4% Jan 2'A Mar - 3'/a Mar 83% 200 53% 53'/a 10 .. v Valspar Bid & Asked |' * certificates escrow Mar 13% Jan 1,400 1 Va —. Jan 'A 15% „ 775 _„__10 , 42 8,000 92% l common, Mar 49'/a 1 5,800 91% 50c Oil Co Mar 6 40 Va . 18,400 17 * Sugar__,—. & Light common Power 15% 1 Insurance Products Utah-Idaho 1% 16 + 1 4 J'A Mar-,, ... 90 . Bonds Friday's or Sale Price Low Jan 12 ~2 warrants common..., Universal 5,475 ; Week's Range Last Period High Jan ~ Interest New York Curb Exchange - 10c Reclaiming Co Universal Utah 43 v» 1 with % 5 — 41'/a common Stores Universal 700 — 1 B— International 1st 1 25 common common.., Conditioning Corp and $5 Low _25 Specialties Friday BONDS Range Since January 1 Hiah Va 10 „ Preferred United Low Mar Ltd— (F American 6% W) deposit receipts preferences—; 5s : 3% 4v; 1,300 "l% ill 3,200 11; ■ Interest Exchange Last Period City Electric 3V4S Boston Steel Edison 6s Aug 2%s Sale Price debentures Chicago 3%s Transit Cities 1964 A 109 No. 108% 109'A Jan-July Jan. 1 Low 39 105 June-Dec 104 106 1947—1978 104% "■7 105% 106% 45 103 111V4 112 95 108 91 va 3s 1977 104 Pwr ref 1st ref 2%s series R mtge 2%s 1st ref ref mortgage debs External 26 91 Va 94 99% 100 »/8 T & N 1954 series Elmira Water Ercole Marelli Lt & 3V2S RR Elec 105 106 106% 105 106% 65 108% 115% 110 Va 110% 55% 60 Va 115% 315% April-Oct AMedellln A6V2S Finland with Nov A Nov ex 5s stamped Grand Green 58 Va May 59 Va 10 46% 7 42 102% 102 % 11 102 series & A 117% 118% Mar-Sept 47 , Co— A73 A 7s C E (Aug series A7s Power Power (Dec series A7s May-Noo 557 May-ZVou 1953 of Peru 1 4s 3%s 59 59'A (July 1950 160 99% Jan-July 1963 62 99% 52 99% 53% j 91% 79 92 77VA '- ,88 .* r 20'At/ .120 8% 1 ;f 7Va 20% 8% - 17 14'A 23 8% : "34 'A 35% 33 33 452 /<V May-Nov 50 46'/a 54 50% 50% 45% 37 45 Va 89 80 89 34% 450 450 —April-Oct June-Dec June-Dec , j. — •L 45 ' -• 89 % 89 61 stamped (Plan reduced Rio 103 V4 Jan-July de Janeiro Interest ARussian 100 %s 2008 Government 1997 (Plan A) 2% to • 1 34% 2 31 % 23% 23% 37 18% 34'A 34% 2 2% . Jan-July 3'A 61 2% 3% 92 2% 3% « ; 23% 24% f 2012— Jan-July Jan-July 6'As 1919 - 2y$... 3'A June-Dec i —- 34%- \. 34% Mar-Sept f< < stamped reduced 1921 •No 1041'$ e value, par Odd-lot 45 45 45 41% 41% 41% n Deferred delivery a transaction principal. 45 41% A) 2'As (ser ABODE) \: 1958 to 31 " 34% 62 99% June-Dec (not included in Under-the-rule transaction year's range), (not Included in year's range), d Ex-Interest, f Ex-distribution, gEx-stock dividend, h Exfor cash (not included in year's range), r Transaction Ex-dividend, y Ex-rights, z Ex-liquidating dividend. transection 43% (not Included in year's range), x and asked prices; no sales being transacted during current week. Sec- 1955 1941 June-Dec coupon) 183 1955 Feb-Aug coupon) 1952 coupon) 87% 184 1957 1941 _Jan-JuZp June-Dec (Republic of)— A 5 RR— 1941 F 1951 Bank of Chile 6s 1931 Bank of Denmark 5s 1972 l%s to 2%s 130 Mar-Sept Western series A6V2S ■ (issue Interest 1 Bank— Ry 71% 46% 89 .91% 71% 56 487 —May-ZVop Bogota—f 1927) 1947 Oct 1927) 1947 4Friday's bid International AG Vas 1953 coupon coupon Mtge (coupon on) market Ex-coupon A 7s 1947 Western Mountain — AMortgage 103% 46% Jan-July 1961 Trunk Guantanamo 6s 1 'i -v*i 58 Va May-Nov 1956 5s 1940 Residential , __ — ; of- May Mortgage High of (issue Parana 1993 1965 Mfg 1 stamped A7s . A6V2S 7s Bank Mortgage v j mortgage 4s series B 1993 Eastern Gas & Fuel 104 "5 Low , U'. ■ . Division— J 4s 20 105 -May-ZVou —Feb-Aug — Interest reduced to 2 V$s 2008-: City) — 4V2S Western RR— mortgage 105 105 - 1953— Jan. 1 ( xiVo. — 1152 City (Peru) 6V2S stamped 1958.—Mar-Sept Maranhao stamped (Plan A) 1 ]'■v-1 ■ 1981 —June-Dec ALima 104 "V 105 1976__.Jan-July ApriZ-Oct U May-Nov (Bait 94 103 April-Oct series series 47% 5s Range Sine# ; Sold High 47% _Jan-July & Waterways — t AExternal 6%s stamped 1952 100% Jan-July 1962 Gas Lackawanna of 1st 27/8s .ApriZ-Oct Danzig Port 92 va v:,;;,/™...., — 1976 1981 2%s mortgage Lack (Bait) Q ser mortgage 1st A 1st 104% 100V4 100% 100% Bid & Asked — Valley 7s 1948— 2 Danish Cons Municipal LoanExternal 5%s .1955—i. 112 92 va (see Bonds Friday's or , 7s Jan 1947 — Mortgage Bank of) year Bogota 106% 112 Jan-July Jan-July Last Sale Price 7s April 1946 20-year A20 * 107 r 106% Mar-Sepf of 1st Delaware A (Col) ACauca Registered conv Agricultural Mortgage. Bank 166 1970 Period Low 109 va 105 Interest High 103% 105 11G4 BONDS New York Curb Exchange /: 107% 1104% 105 Va Week's Range Friday ' ■ Range Since Sold High Quar-Feb Corp 5s debs 1948—Jan-Juiy debenture Co Consolidated Foreign Governments and Municipalities Authority— Consol Gas Ei Lt & 2 %s Jan 99 Va Service General Feb 2 ■ Bid & Asked 1960_ZJfay-Nov 1998 1954 series revenue June-Dec 5s series C 1 series Central States Electric 5%s 1970 3V4S Bell Telephone of Canada Bethlehem 4% Mar Bonds Friday's or Low Appalachian Elec Power 7T% Week's Range Friday BONDS New York Curb Atlantic 3% Mar -. . -Wright Hargreaves Ltd-— 81 87 88% 76% 86 93 86 95 90 83 92 92 92 86 95% 189 92 83 91% Jan-July 1952 . §Reported in receivership. 92% 90 1957 AEonds being traded flat. '. f ■ - "cons,"consolidated; '^cum," cumula¬ tive; "conv," convertible; "M," mortgage; "n-v,'-' non-voting stock; "v t c," voting trust certificates; "w i," when issued; "w w," with warrants; "x w," without warrants. > Abbreviations used above—"cod," certificates of deposit; Stock and Bond Averages Below listed on the are daily closing averages of representative ntocks and bondf the New York Stock Exchange as Over-ihe-Gounter Industrial Stock Average compiled by Dow, Jones & Co. 1 —f Stocks Boi 1 10 30 20 15 Indus¬ Rail¬ Util¬ DateMarch trials roads Total ities Stocks 210.62 25——.. (35 Stocks) 55.63 43.37 75.56 10 First Indus¬ 65 Grade trials 10 Rails 40 ities 92.11 101.72 Compiled by Na Bonds 105.64 Rails 106.29 102.86 Total ! Util¬ Grade Wm^l^uotation Bureau, Inc. Date— Range for 1950 March 27 209.10 54.89 43.14 74.92 102.87 103.24 92.17 105.59 101.71 March 25—L.Ji._ High March 23. 209,5C 55.2 43.25 75.15 102.81 106.32 92.24 105.64 101.75 March 27_ March Low 29 208.40 55.25 42.98 74.84 102.79 106.26 92.54 105.63 101.82 March >0—. March 31.. — 206.43 . 54.48 42.65 74.07 102.80 106.19 92.39 105.69 101.77 54.83 42.67 •74.16 102.83 106.30 92.31 * 105.65 101.77 March 23-.-— •The for three new new divisors f:r shares of NOTE—Averages Rails, 13.9; the 30 National industrials Steel Corp, and for for each are computed by dividing total Utilities, 14.1/65 stocks, 42.2. the 65 share prices stocks of by the the pive old effect stock. following: to . the exchange . ' .. Industrials, 8.57; 6 4 — Range for 1949 March 29—— Murch "206.05 36.70 Mar. 35.13 Jan. _r__ 30— High * March 31— Low" jJL. 35.20 Dec. 31 27e79 Jun. 15 4^ 30 COMMERCIAL THE (1382) Transactions at the New York Stoek Daily, Weekly and Yearly $1,745,000 3,321,000 4,380,000 3,898,800 3,427,000 2,884,000 Friday Sales $19,635,800 $2,019,180 — — - 4.191,800 3,767,680 3,183,500 £4,000 289,000 $4,000 448,320 69,000 98,000 53,000 19,000 186,000 103.00C 21,000 82.000 21.000 11,000 177,000 114.000 2,019,180 2,207,000 19,635,800 13,963,000 $21,658,980 $16,188,500 — Industrial:—.. Total 10,000 179,000 $89,000 $939,000 1950 "■ $282,500 $286,917,760 15,000 $4,000 — 27.000 $273,000 Week Ended Mar. 31 1949 $98,200 175,000 31,861.060 254,783,500 $3,000 - -—; & 142 000 $577,000 445,5 2,708,540 Stocks—No. of shares.— U. 8. Government Foreign 199,000 57,989,509 116,393,392 6,415,960 Bonds Railroad $84,000 22,000 .474,340 Wednesday Thursday ' International Bank $6,000 64,000 Jan. 1 to Mar. 31 1950 1949 1950 $10,000 113,000 $21,658,980 —— Week Ended Mar. 31 10,951,110 Total S68.00C ^5984^45 Tuesday Total Stocks—No. of shares, Foreign Corporate 502,685 . Friday Total Foreign Government Domestic 245.045 Saturday Monday 4,881,000 Bonds tPar Value) of Shares) Week Ended Mar. 31,1950 $1,820,000 3,315,000 299,500 r- 1; {Numbeir Bonds 340,680 1,882,850 Wednesday Thursday Stocks Bank Bond 494,000 521,000 — _ Total $75,000 10,951,110 Tuesday United States Bonds Bonds Bonds 8S8,140 1,933,580 17 9,450 2,094,080 2,373,010 Saturday Monday Transactions at the New York Curb Exchange Government Foreign and Miseel. Shares Monday, April 3, 1950 int'l Railroad Number 0/ Week Ended Mar. 31, 1950 FINANCIAL .CHRONICLE Exchange Daily, Weekly and Yearly Stacks & Domestic 24,004,550 $203,862,350 1,462,715 25,853,678 14,284,720 $673,000 $9,813,000 510,090,000 $577,000 Foreign government. Foreign corporate 179,009,300 ^1949 1950 Bonda , 566,000 ; 2,708,540 Jan. 1 to Mar. 31 1949 ' J 273,000 89,000 Total 54,000 $939,000 5,162,000 ' 52.000 - : $879,000 2,311,000 : 791,000 609,000 $15,766,000 $13,010,000 . > OTHER STOCK EXCHANGES RANGE TI ir i flit' if ii FOR WEEK * MARCH 3t- ENDED , HP Friday Week's .Range ' '*#• •Last1 ' Sales For Week . Sale Price * of Prices ;» <■ Week* Friday ■ STOCKS " Rang*-for Week ?"•'»:,BdtfWttlxfftlUi 1 -WiBKPwr---* ' Losi, ■•*!■'f j'-irii/.'1'/ Par Watte"..' Par* 1 • low . Btfk' \ ■ IteiRgnfEad>-Yatt«ary l ~<:Low-?," ■ ■ • > - OlUes Serriee Highk • • '* '41% 42% 154 " de%;:FeW J ; "45 ' Jan itKKM * *22 :-2J - -"46%'SdW*:' • *>135 38% Jttn -50% Mar American TO* Tel -100: &mfaVga3Wt8B&&2 3,430" * 146-WJsfa. vtr; 155% -Mar '22% '23% ; * ^252. '"WW-Telw. 32 ' Jan Anaconda Ckppgm:—a,.,?„•» - 60>-" JT 27%' '-28.%' '555" 31% Jan. Chemical American Bugnr Refining--—_ A. ^'AA Boston *Albany RR———^—^100 Boston Edison 25 V- .fltamiml: ^.^ 49% 48% 1,870 •» . A;.'AvvA-1 14% 14% 704 A BosbmEtevated RaUway— "A '50- 113% U6.A ■ 48% , —_ —100 107. Jan 45% Jan class C 1st pfd scamped-—100 Boston Personal Prop Trust--—j . . • 100 Boston & Providence RR 5 A __ . . 75% " .5A J 20% ^1% ' 75 ' 80 ' , AA 8 ■ >Jj.K ;; Cities Service Boston Bast ; -*— Copper Range Co . A>A. „ .. , 'V _ Co— A —*_5 10 — —-—_*-'—10 3% >:■">" 71% 12% - Jan 6G ; 80 Mar 25c 25c Common 6% —100 _•<,*- Mt prrfel*ed series preferred class B- 6% 100 ►4 — preferred adjustment Eastern SS Lines Inc__— Employers Group Assoc —: * National Stores— - —■< _• - 430 74% 45 35 550 75 75% 18 3,055 367 15 100 347 74% 38<; National 75 Jan 41% Jan 24% Feb 40% Mar Feb :47%:Mar. 41%; Jan ,66%.J$n.iAA;,A;"78''„> • Feb New. Torlr ContraL ' Ohio t;' i-Ali*i Edison 33%•?:'34% KiH 33% Ohio on 27% 29 ;27»'a 26% Mar -240 < Packard1 Motor *L„ Car • : Pepsi-Cola pure OH' : — 17,%. 17-%:-' iAA 52. -A 254 A12.% 13% *— Southern Co 24% . r . 68% 69%- 27% A U B_*i. Steel S (Dhf '34 —12.50; —• . 25% Jan 69% "Jah f 27%-Mar 219 502 25% Jan' 44 30% Jan y 34% - 33 % ; 24 % Mar ; 32%'. 30% —• (new)*. Westinghouse Electric * 292; 17% Mar 13% Mar > Jan 66' 34% A: 33% : * 19% Mar, Feb > - 135 .27% Oil . VM% Jan A A 21% Jan 135 ' Standard (Ml fN: J) *. R /-16 •''' - 23 Standard Brands A- 18>.- Mar ; 11% Mar 31% Mar Feb 112% Jan 15%\,:l9^»l;368Ar Socony Vacuum, Timken 26% Mar 29 -A4% Jah ' - 16 % Jah v"*9% > Jon A -10% 10%-85 V:A; 30 : 30% ---- -100 — : • 3% Mah '» -.3% %3% »-"-' 5o • A 33,%o 34% Jdar .32*; Jan - 57 'r " Maf 36 Jan , 32% Mar . 34% Mar 75% Mar Jan ' fcenerai Capital Corp GeAeiral Electric. 1 — * Gffiettd Safety Razor Co— Hathaway Bakeries < Isle Royale Copper— Kennecoft Copper • 1 15 — — ' 46 A 37% 37% 10% 1% 50% —— 39% 10% 1% 51 > 4 53.32 Feb -A 54.69 Mar 41 , Jan 47% Mar 33% Jan 39% Mar 10% Jan' 11 Ve MSr 82c Jan * iy« Jan 50ya Mar \ 55y» Jan 5% Central RK common——100 preferred 100 Mathlesoil Chemical Corp— Mergenthaler Cos England. Eleibtric SyStfcft— New England Tel & Tel NdrG» Butte Miningj Mills 18% 17c u% 1 94% 306 — 31c - DrUg Co Stono & Webster Inc ♦ •• . 100 29% Mar 1,032 16% Jah 3y» 3'A 15 3% Mar 5% 5% 111 ,5% Feb 22%- 23Vs 470 31% 33% 20% . 795 " 23 23 23% United Fruit Co* • 58% 57% 60 2,758 United Shoe Machinery common—_25 43 Va ;43y» 44 975 41 Va 41% 41 y8 40 42% 30 14o 40% Jan 37% Jan 13% 13% 50 33% 35 1,094 30% Jan Rubber 25 Col— 10 Waldorf System Inc Westinghouse Electric — • Corp 12.50 __ 34% ; ." 340 - 22% 6% STOCKS Last Range Feb 25 Share* American Laundry Mach ipflfeldwin — * Low ■ 20 20% 49% Jan • --**: 32% Brewing ' 35 Jan Mar Cincinnati Gas & Electric comm(»L.8 % Preferred Cincinnati Street common 34% Feb 5% 5% 10 7»A Jaii 32% 33% 505 30% Feb 35 Mar 108 Mar 5,119 5 75% 76 12% Stockyard 12% 9% m—i_ *. 1 4% 76 -10 — 103 10 ' % 15% 4% Mar 459 73% 543 . Jan % Mar Feb 12% Mar 200 9% 23 9% Jan 15% .. iod i5%Mar Aluminum & Brass—-- Formica^ Insulation Kahn Inv -• common — ! 1% Mar 5% 76 Jan Mar 13% Feb 10 Mar 19% Jan preferred -50 Kroger Lunkenheimer P & * class • *j—— U S Printing preferred. _50 47 47 63% 65% 57% ^ II 58% 26 46% 47 ' 115 ' 6,607 9 14 44 2 * 46 15 289 15% 57% 25% . •" B*—* 187 100 15% _ G hew common- Randall 47 63% .*» 64% 25 • .Mar 65 Mar Mar 2 Mar Jan 47 Mar 59% Jan 15% Jan 65% Mar 56% Mar 59% Feb 20% Jan 26% Feb 46% Mar 16% Jan 47% 25 Unlisted Stocks— Allied Stores- » American Airlines **: American Telephone & — 10 see page 38. 33%. 1 Tettgrajdu-JUHF" Armeo Steel For footnotes • 154% 32 34 11 11 154%155% 31% 33 85 133% Mar 36 Mar 40 9% Jan 146% Jan 155% Mar 769 26% Jan 33% Mar 11% Feb 11% 11% 23% 23% Navigation*-^-* & Mfg— 1 Ex-Cell-O Corporation federal 8 __ ;AA Mogul —- —-5 Frankenmuth Brewing I Fruehauf Trailer 410^ 20 1 8 23% . Jan 25% 7% Jan 8% Jan 7% Feb ,22. 150- Jan s • Jan ;i8% Feb 2% A 381 20. 23% Mar 11% Feb 9% Jan 58% '500 21% Jan y J00 12% 35% Mar, 7y8 Feb < 6% Jan 1,800 7,365 " M- 67% Mar 20% Mar Jan 23 % Mar 200 i .. 6% 100 250 1 __ . * 110 2% 21% __ , ■ > :*Afan 15% Mar, Jan 33% 86C Feb 6% I1 Mar 780" j - Jan 64 " 64 18% 18% 3 23% Mar A 77c 14 Va 23'% 23V4 11% Max 63% 7% . Jan Jan 23% Mar ; > 550 2,861; r Jan 16% Mar 13% ,100 „ High 6% Jan 10 • w ■ 23% 5% c 100 6% 23% '' 5 r 6% 6% __ 20 Gasket 35% 6% 1 Detroit Edison Detroit 35 ,, 64% 20% 35 *"." ■■■ 715 ; 64% 20% . —2%;*: 225 A_ 200 80c,: 80c..,, 14% 15% , 64% 20% - • Bros Detroit & Cleveland r •, t. -1 Mar 64 Jah 19. , Feb 2% Mar Feb 22 Vs Jan 5 V* - Jan "■•>"- Wood Gemmer General Industries-; Manufacturing class BMotors Gerity-Micblgan Corp Goebel Brewing 5 1 __l __ \ - 11% 77% 3% 3l/a 10V2 ; __ . 1 __— ' - 77% -i- > f 9% ; 4% 350 - 5 " 11% - — _10 — ;.f : Jan 11% Mar 200 13 Jan Jan 78 Feb 70 1,170 3y8 Mar .125 .: 1,220 4% Jan 9% Mar 11% Feb ' "'. Lamp Hoover Ball ' 'at.' 'A' 5 ; &'Bearing- Hoskins Manufacturing .r — King-Seeley Kingston Products Kretege Cd — ; __ -10 l 10 - — r 1 . 3% 2; A 1% - - 2 ; -1% - 4% ^4% 7% - 7% r A 7% iy8 -* 1% : 3% Feb i 4% >Ian - - , 400 A 200 2,550 ; 2 A Mar 15% Jan .7% Feb Mai- 3%'Feb 41% Jan 200 jFeb' f-4%. Jan 24 % 3% Mar 400 - , 21% Feb ? 575 Feb Jan 13 Jan 100 3% 42 — %*4% A *_ 550 Mar 13 Vi Feb 875 24% 42 1 130 5% 23 ' 3% A f 12% 400 - 13% 13% Af v 12% J 5% 42 ManUfabturtng.common i_i._-l 13 >370 3% ey8 13% 4% Mar 302 150 ^ 12% —_1 -1 Preferred L 13% A" AJ 23 ,11 •" 4% T'~ 4% 13% , __ —1 (S B)-!————™ McClanaban Oil . —1 — ' 13% A, __l Masco Screw- Products-McAleer ,4% 13% Hudson Motor Car—^L___12 % ■ - v 10 2% Howell Electric.;Motors i_————1 Lansihg Stamping. A—- 167 15% 10' Paper Power common Kaiset-Fraaer Jan __ „ Low ...A A. A— ' Rabgo Stace January 1 Shares ; 6l/a 15% » Corp Davidson .6% .v __ 1 Hall 63 25 63 —* A-: : for Week Range 5 Mfg Burroughs Adding Machine— Brown-McLaren - Found A Exchange Lew''High 1 Gar -50 w—* 1 1778 Jan 107% 107% .25 Cine & Sub Bell Tel— Eagle Picher 21% Mar 14% Jan 32% Feb 8% Mar \% * Cincinnati. Union Dow 32% 100 — Rights'Wl Feb 15 129 - - Frida^''*''. Week's—•-Sale$'«. J of Prices 2 ; Cunningham Drugstores. •' 1 "" '■ High - r**l ,v 19% WOodward 2-5525 Par Continental Motors 16% • — ' A"" American Metal Prod Bohn 14% Range 81nce January 1 107 */- Exchange Stock Exchange Building ** 44% Mar ; 34% 20% . v';; Last Baldwin Rubber" 32% 20 .A • A A' • ... * DETROIT A?'.- • A* Altes 41% Mar 16% 8 ——— Champion Paper Churngold Corp • - New York Curb ;/: v» Sale Price ConsoUdated Low . Midwest STOCKS Consumers High . Detrhit Stock ;-S:' Jan 61% Mar for Week of Fricea Par Ford 36% Jan Soles Sale Price . Exchange " Telephone: Jan CiReinnaK Stoek Exchange Week'* '' ' t- Chrysler Friday • Members Detroit Stock- Exchange ,\A;v 4% Jan 13% Feb U S preferred— York Stock New 23% Mar 53% Feb 43%iMar 6% ' A ...•-4.'.... - : 18'A Mar 31% Mar 5 ' 29% Mar Jan Hhfon TWst Drill—: ■" ' ; - 18% Jan 17% 32% " 30c Jan 13'AMar 96% Jan 70c Jan 29% __ • ^ 16% Mar 16c Mar 10% Jan 92y* Feb 29c Jan < 516 4,000 41c 7 - 1' 89% Mar 54% Mar 58'A Mar 554 -A' . Watling, Lerchen & Co. Feb 1,300 1,860 16% — • 16 Jan — : —2.50 — 52 29'A 25 — ReXaU -A A Feb 17 -—*80 Quincy Mining Co 70% Jan 47% Jan 55 30 20c 12% 95% • — Pennsylvania. RR Torrington Co 17% 12 195 89% 53% 56'A > x £0c 12 100 2.50 100 . 51% 56% 18 _20 12 - 87 - 1 New 12 , 5 — National Service V 87% • • - Linotype Nash-Kfel Vina tor; Pacific — ' . '••• •' - Maine . Feb 42; : 2% Feb .".Feb 1% Jan 3% Feb 7 Jah 2 1%-Feb l%*^rtr 7%_Feb . .1. v > '* %;iA^A-S68 AA^;32%:^Feh'frVtA*39^Mar': 31% Jah t^<>.;>13%;A13%^^I0(F -A'*T3P/sMej;}: Cash. Register. Jan 64% Feb 13 %- Mar. rfj. "r Feb 4 34% Mar W '.•i;.34%".3Mar. A 38%^ Feb. 34% Jan - • , Standard 66% 566 54,69 54.69 45% 47% 4% Jftta 78%r Jan 13% Mar a 3% Mar . 58% Mar * 67" MSr 36% Feb ' 21% Jan x36 • Jan *. 75 58% !: 59% 67 ; 67% '38 38 f 22 22%' 39.40.« . Mar 25c • > 3% ^ ; 6&ys"Feh 12% Mar 145 55 350 25c 3% 3% •» —i-100 -;v' iL'.r—_100 38 * 22% 5%' First . ' Eastern Mass Street Ky— . . 76% Jm r";v' Jan 30% Jah .. _ 30% 'Jan - ' - A33%^v^-240i^ 36»'a 36V4-*.- ; = 52 45% <47%A<vv : J 236 A-75% '.77%; .,:^t^30'OA 75%':,.77%; • 1--*^*.* ' ' ;■ 11%'Feb • .AAA, 8 ; '•Mar-* ' 10^ i 41TA 3% Mar 4% 73%. 12% ■ 31% * 33 • RadJdCorp; Calumet tt Hecla 36 965 -1 — 8 1 A' .28% Feb ? ;^?80S- •,66%-*Feb* '.;o.70%' .73%' 33?* 34 ■, oenend icotorn: A;'.- 3% Feb 4 A Mar 4%Mar Aa':A 5%;Jgn : 4% Mar • 5 Mar >19%" Jan" . 22 Jan. -*jl>., General: Electric 39% Jfth w ,:>* High* Low'?; 1 * A'' 310 :. —' 33- Federated Dep'tdKores. Wbofe&i -Mar Feb 14% Feb u y* Jam - >. 33% M$r A: 60 20 15o V ■ 100 ; i 1,250 125 „_j_i ?* 28% ■—A,<AA13^" 13% :Abhy?; PbwerfArcLighfe-^;— ■ : r : Range Since January 1 Shares ' .AA- High 28% , 70% * VA Curttes-Wrlghfc •*__; t prior preferred; — 100 ->v734.": 34 A. 5% cl A 1st ^preferred stampediLlOO L- i v ' 4" : ; 4 5%cl A 1st pfd stamped-**.:—JtoO"4••{-•••-i T\\.A 5 .--A* 5 1% ,1% . ' ■■■ Boston * Maine Railroad—r-i: * 117 50 28% .-10 . City Producte;-^**— Colnmbia . American Agricultural ' -j25 Chesapeake & Ohio—— * Low •;"••• Volume Number 4895 171 THE; COMMEECIAL & EINANCIAL X1HRONICLE (1383) 31 OTHER STOCK EXCHANGES T? ? U, RANGE FOE WEEK ENDED, MARCH 31 Ji.V V stocks | -V'» ' ■ Week's Last Par Micromatic ■■j, ^ 1% 1% 1 7% 71/4 7% Mar 31% -281;.. Jan 17. 3% 17V4 15%vJan 3% 2%.Jan ■ 7% '•;:~I7V4 10 a- 2 ■■ :'3h; Chemical 3% Parker Rust-Proof Peninsular Metal Pfeiffer Mar 1% Mar 7% Mar Kiiser-Frazer Corp -21/2 m__xx—_ Pitoduots ..—<1 . 29. • Brewing ; ' 2J/a < 41 43 ny® u% 2% 2% 61/2. 7 3 ___x_x__xxx Rickel (H W) & Co____x River Raisin Paper 2% x— — Rudy Manufacturing : «... 3'/s Soss Manufacturing 12% 1 .8V2 .x_- Standard Tube -B -common—. Superior Tool & DJex.x Timken-DetroitAxle Udylite Corporation Union . 111 Scotten-Dillon I 529 - 29 2% • '1 Los Jan 7% Jan 3% Mar 12:0 989 100 970 2 V2 Feb 200 2 V2 Feb Investment---—. -Z ' 14%. 14% Feb 10% ll'/a 2,320 9% - 10- 3 81/4 8>/4 100 8->f Jan 5i/a 5%-' 140 4.% ,1 Va 1 iy« 500 Jan (Friday 8 % Mar ' . Jan l%Mar Nordan „./■/!% Jan i / ' Par __1 Corp Juneau Gold Mining Co— Alleghany Corporation (Un)~_— 10 Alaska, AiUs-Chalmers ' , — 28 2,012. iio '3.3, 3% 3% . 3% Mfg Co Lets 3 10% 510 -11%, 20% 11: — 20% 31%; Jan 770 -i- Jan . 35% Mar. 11% 21 > Feb 820 a50%»51%V 13%! <Jan =55%, Feb - ...g7 14% Jan. , 55% Feb 7;'-/; American Tel A. Tel Co; (Un)_ .100 American: Woolen Co (Un).T • Anaconda Copper Mining Co (Un)—30 Armco Steel. Corp (Un) —, ——10 Armour.& Company (HI) (Un)— 5 Atch Topeka & Santa-Fe Ry (Un) x.100 Atlantic Refining Co (Un)———25 Avco Manufacturing Corp (Un)——-3 Baldwin Locomotive Works (Un) 154%; 153%' 23% 28 Co Oil I Basin Oil Co —! a108. //■■;" 7' 6% *' 6% 7% 25c- • 33c« '51 42% Bendix 10% 11% 42% I0)i Blue Bolsa Corp Diamond Eoeing Airplane Oil Chic a Borden Companv 34% —5 (Un) Co Corp — 7% 6 Co 7,690 1-3 m? (Un) ■ a60 *. • 31% 35 . 1,130 8% Feb 26% (Un) ——25 Caterpillar Tractor Co (Un)——«—10 Certain-teed Products Corp 1 (J I) Company Jan Chrysler Corp 14% 14 15 40 545 I T I. 17% . 40 713'» 10 3% Mar 15 % . Feb 48 Yn 33 Jan Jan 519 63% Jan 67% 67% Feb 76% 4% 15% 15% 285 17 % 16%. 100 16% Mar 17% 13% 535 11% 13% Mar Cons Chollar Consolidated System Gould & Sav Continental Motors Corp Continental Oil Co (Del) (Un) Creameries Vultee 19% 6% 800 _5 (Un), Company (Un)—Qurtiss-Wright {Porp common (Un). Curtis Publishing Dduglas Aircraft Co Inc du Pont de Nemours & Co— a61% a61% a32 a323 i 155 638 425 a32% * 638, a8% — ._ _5 21% -1 Exeter.' Oil Company Ltd; A—— -FAR Liquidating Corp————4— Fitzsimmons Stores Ltd class- A—... '. Florida? Power Ar Light • Co___—._. „ 13 V4 13%*'; 15% 42c % 9% a21% V . ; a% 55c. , a - 60c ,i Graham-Paige Motors Corp (Un)__—1 Great Northern Ry Co pfd (Un) • 17% .17% t 46^4 ' -V ^ 94-7 10% 105 -* a Hilton Hotels Corp. Holly Development Co. Company .1 Hudson Motor Car Illinois Central BR 1,215 lOi: 13% 7,100 4 -r. - (Un). 100 Petroleum Corp—t ..*—10 Interlake. Iron Corp (Uri>.—.—-. * International Nickel of Can (Un) • International Paper Co (Un)xx—x.7.50 Intercoast (Un)„ —* / l - - 6V2C a37% 437%' 2.25 a ' 35% 3d 9% 3y8 f' 11% al3% 35 a37 437% 12 13% ... : .. : - Jan 2.10 Jan '13% - Jan 25Ys Mar 50 3,430 - Jan 12% Mar Jan 61% Jan 54 33% r*1 62 114 37y« Jan 3% Mar 3% 395 10% 9% 10% 1,035 1 50 19% 10% 44% 19% -637 19% 17% 9 -17% Mar 37% Jan 4%-Jan Jan 11 16% 8% Jan •■■iay* Mar Jan 5r0 Feb 20 Va 17% Feb 1,687 •■• Jan 10%. 10% 44% 44-% 12 Mar 370 33% Jan 175 r 44% Mar 130 a34% a35% a29 a30% Feb Mar 55 717 3% Feb Mar 28% Feb -29 V* 'Feb 68 54% a40% a43% 15% 26% Feb 30% Mar 12% 13% Mar 23,443 8 4% 4% 4% • 150 50% Jan 36% Jan Jan 7% Mar 9% 4y« Feb 500 ' a25% a26% 5Vi Jan 27% Mar 11% Jan 25 24% 9,314 5% Mar - df Co 48c 42% 2,330. 37 % 5% 570 5% Jan -*6y® 273 30 y® Jan 36% 7% '.*!,; 7% - / Feb; 701 19 9 Jan a5c 13 a5c 4,910 37 100 Mar 4c Feb 51 Jan .44% Mar 3t% Jan Feb 35 Feb Feb 21% ♦ 41% Feb 500 37% - Jan Jan 33% Jan -61 710 Jan Mar 42% Mar 30% Mar -150 a39 —— p5c 7% Mar • 180 21 y2 Mar 44% a39 44% Jan 6c ' 36%. i* ' • -III Calif. 200 7% '6% Jan 20% 20 a68% : . Feb Mar a63%a69% 20 * ■ 33% 37- __ 31% Feb 37% Mar 36 37 Jan ■ 16c 24% 2,050 22 Jan at 17% 651 16 Feb* 35% V* 3,400 23% 34% Jan 21c 22c 23% _• Corp - a30 a30% 1 (Un)—. 20% 2,900 a33% a34% -1.75 1 (Del) 5% 10 50c 3% 1 1,300 50c 41 (Un)—. ...-5 Jan 23% 5% 5 Feb 380 22% ;23 ——-—x—.—x—_. Oil 19% 7% 7% a26 -i preferred preferred preferred - 22c , Mar Mar Jari 22c 24% Mar 17% Mar 1,904 27 -662 26% 'Jan -27% Mar 30 30 V4 683 29% 32% 32% 550 31% Jan 30% Mar 33 % Mar pfd cl A.25 35% 35% 35% 230 34% Jan 5 12% 12% 13% 1,298 11% Jan 13% Mar 52% 52% 744 50% Jan 53% Jail % A 45,397 7/64 Mar —25 —25 —! ——. —25 —— • —.. -x Oil Co cf Mar' 35% .27 30 — ' s < CaUr Z25 (Un)_— (Un). , .a45% a€8% * a 22% —.1 1 ....—25 320 •*1 1,348 61 42% ; 433 a23 345 26% Jan 13% 5.256, 69% Feb 21% Jan 860 10% Jan 13% 12% -2314 ; FCb 44% Mar 66% Jan a70 30% Jan 167% Mar • Jan a22% a68% ; Mar 23% Jan 236 oa 37% Jan a45%47% 36% Mar Feb 29 25 (Un)_: 33% a23 a23 Va a23 225 66% *67% • 36 Jan a34% a35% (Un).. 22% Mar 30% Mar ' . v 12% Feb 22% 23% 935 19% Jan .23% *Mar -25 36% 37 327 36% .37 64 64% 556 60% Feb 64% Mar 72 preferred class B ■ Company a70% a 1014 alO% al5%al5% Jah 71 a70%a71% W10%: . 71% 50 225 11% Jan 15% Mar Jan Jan ; 12% Feb 15 y® Mar Jan 23 Mar 25% Mar 171/* Feb 24% 25 16% 16% 16% 3,725 3,327 .14% Jan 19 18 19 .509 16% Jan 20 • 21% 21% 350 21 25% Jan Carbon Corp (Un).* Union Oil Co of Calif iwm 29 44% 45 664 42% 45 Mar 27% 1,730 Twentieth Century-Fox Film (Un) Union Carbide 8 —10 United Corporation (Del) (Un) 1 United Gas Corporation (Un)—./—10 27: Corp (Un)— United Air Lines Inc (Un) . Mar 'Mar Paramount Thea .16 de 11% * 4 7 Feb 3% Mar 38% Jan 7%c Jan 11% Mar. , r. 3% Mar 14% Feb 29 Pictures Inc a50 38 V. Mar American 9% Jan 13% Mar So Pacific Tel ,•: (Un) & Tel :t._ 4% Mar 19% Mar Feb 10 10c 23 212 19% Mar 21%'Feb 41% 32% 139 38 % Jan *43% Mar. 3,106 25% Jan .32% Mar 54% 570 40% Feb 56 15%* 100 12% Jan 15% Mar 13% 9 (Un) Zenda Gold Mining Co- bonds 17% 27% Jan 27% Feb ,16% Feb 17% Mar 15 1,655 9 390 a22a23% 70 30% 52 Woolworth Jan 38% Mar ; • 14% Jan . 3% Jan 30 15% 022 Co 350 25% Feb 26 Vi Jan 175 41% 30% (Un). Westinghouse Elec Corp (Un) 12.50 West Kentucky Coal Co (Un)— 4 Willys-Overland Motors Inc (Un)x 1 (F W) 126 570 al7% ai8% Western Air Lines Inc.; Western Union Tel Co ; 16 V 3% 17% 17% Kamp's H D Bakeries——-,* Warner Bros . al8%al8% com , Van 15 Va Jan 9 (Un)__1 Certificates of Interest—— -1 United .States Rubber ed (Un) 10 United States Steel Corp—, • Universal Consolidated Oil Co 1 United 27 a26%.a26%, United Aircraft 2.00 Mar 15% Jan , , 711 ... Jan 117 Feb 2,926?' 35,612 I" Feb 42% r Jan 72,000 *. 25%, 2534 a37*fc. 13% a 11% 11 3% 80 • Feb Mar 11% .• 2«/4 Jan 6%c. 5V2C - 2% 9% Jan 760 .* i — 18% Mar * 51 13% Feb. 4 Co 78 ' , Mar^ 235^. 28% Jan 143 Jan 29 (Un)——— _• Texas Gulf Sulphur Co (Un) Textron Incorporated common— 50c Preferred —! —• Tidewater Assoc Oil Oo (Un) — 10 Transamerica Corporation ——1 Transcontinental & Western A(r——8 Feb 47*/g Mar *11%. Mar 1.55 Feb 7-230*' •410 68 (Un)__1 Pacific Company Texas Mar -49%.Mar Jan •'--1% Jan :. 41% Mar 10% Jan 150 28% 68 1 Co Petroleum 4%i& Mar 16% Feb; ■ • 69% Jan. 16 % jan 44% 915 * 2.00 3.% — Imperial Development Co Ltd.——-25c Independent Exploration Co 33 %c Int'l Tel & Tel Corp 4 " 38 all% all%, 1 Hupp Corporation 113 v - 230 -117 a 13% -6.66% Irtft- 215 10%. 1.75 —12.50 Hunt Foods, 1.90 11% ' .184 ■ 2 10 % . 49% Jan *"'1,*232 - 28 % 30 Jan ■ *-?■ 15%, Jan / 42% 'Jan 122 7. ■* ■a— > Mar 28 50c Sunray Oil Corp, common Jan 10% Mar 7 30 360 18% Studebaker Corporation i<Un) 18% Mar COc 9%; Feb 485 . a40% a40% -3 :-: 30 47% -;/. 2 - Hancock "Oil Co of Calif A— 520 . , (Un) lm-uzr 32 y. 155 37%Mar 1 237 30 '3% (Un) Standard Oil Co (Ind) 13% Jan 37c / Jail Jt Mar 28% - Mar 34 >,■■■ Jan 32% * C^,-. Standard Oil Co (N J) 23% Mar . 1% 9%. ,10%. a50% a50%, (Un) *. General Motors; Con* common ,.—16 ■■l'.;76y4 iw* al7% a 17%' General Public iJtlL Corp (Un)^l—x# * Goodyear Tire & Rubber Co common—* •t;* —v a50% a51% Corp 13,850' *;*-yAu (Un). Corporation 67 Jan "Jan - ' Mar »"• Mar 30 Corporation Stone & Webster Inc 78% Mar 1,00"' a21% a22%, L17%; — General Electrhr Co Greyhound 18 ' : 305 Jan 13 ' 22%^Feb 31% Mar 35 632 28% * Swift & Company ;(Un)x. Jan 28% 3 v' -20% -Jan 9,455 > j [' '3.00 Mar 34% Mar - Feb1 12% Feb Mat 4Cc «" Jan 26% Mar 645 - 30«801 i7r 32% • • Co 9% Feb Mar .137 720 • 7% 32% ^ 36% -36% 36% - - Feb 8% Mar 'Jan 31% 36- 21% 32% 31 v« . -79 100 27% 21% .—15 E Standard Mar 72% 6I'Va 300 //V . 34, 27% .. Feb 21% 21% 1:4<) Jan" •73,721 - al2%al2%* 10 : Standard Brands Ino (Un)—. Jan , ; 27% 20c •10,000 -- a34a34% 25 Southern Railway ^Company Jan , 40c 3.00 6% Jan Jan Jan a20% a20% Rights 7% Jan T.% Jan 350 2:15 5% Southern Jan 14 6%, Mar ;; 350 2.60 18% 17% Jan 658 ' 14c 13 10% Jan 315 • 14V4 Mar Mar 206 ' 8% 8 9c 3^8 211 a— ,11% Jan 6,600 20 %i * a_. 6,120 13c 18% Jan 9% Feb 24% Jan Jan Feb oI 14%' , 12% ,12% Company Finance 4.56% Jan *>9% Jan a7°/8 13 10c 8"% 2ss% 25 (Un)— Southern 14% Feb 29% Jan * 495*' 22 r 13 %; 18%; I 26% - - 25 (Un) Southern Calif Gas Co 6% 31% Mar 12% >65 • a67y«a68% 1.05 a7% 14% . 33%c Industries 4.48% Jan 53% Jan, III//-20'*.* a77% a77% .. — Electric^Bond A, Share. Co—?——xx _5; Electrical Products Corp — :— -4 Equipment Co.—— .5 a8% ,-,i ey* Jan - ^so -5 Jan 23% 23 10 Inc—*7, Regis Paper;Company 4.32% 32% Mar , 10% Jan 45 al3% al33i EmscO Derrick & t GencraL Foods. 410 > 6% ;./19 Va 27.% Jan 19% Mar 2.570 51 13%, ' 80c _1 of America,Inc. Garrett Corporation 21; 6% Feb 558 ^ . 30 V* Jan 100" 31% 13 Aircraft Crown Zellerbach Corporation " 21 17% 363 85c 31% -I 77 31 85c 31% (Un). .1 (Un) (Un) —,— _1 Consolidated 31 ,-Mng— .1 Edlson of N T Consolidated Engineering Corp. > al5% al6% '■V'ZK Jan Feb -16% Mar 150 320 a9 a8% N Jan 13% Gas 580 18% 17% 18% Southern Calif Edison Co Ltd eom. ...25 Jan 16% (Un) • Commercial Solvents Corp (Un)—•— Commonwealth Edison. Co (Un)_— 25 —— . Jan Inc. Oil Sinclair Feb Colorado-Fuel & Iron Corp com— • Preferred • i—20 Columbia Feb 1^.45 Feb 1.75 25 — (Un) Oil Ranch Signal Jan 3% Mar 700 15% 58% Socony-Vacuum Oil Co Inc (Un).. —Zl5 Jan 210 71%, Jan 600 % World Mar 225 Corp of America (Un) Class 17% Mar 4 1 — 23 54 Vi 55 1.50 .25 Shell Oil Co 36% Mar 15%, Jan 20% May 33% Mar 55 —25c Sierra Trading Corp • Signal Oil & Gas Co class A—-—1. Feb 45% Jan Jan 1.50 10 ; x Feb 2% Feb 90c 21% Mar •; r ■ 3% Clary Multiplier. Corp Oil Co 20 Jan Feb 17% 34 a20 1% . 60c 33% Mar • Corp RR Co ■ 4,400 169 10 x— —— Seaboard Oil Co of Mai- T«5 17% American : 231 23 Oil ; .1,325 a33 Sears Roebuck & Company 14% Mar Mar 14 Z 25 Western Seaboard 10 % Mar 550 a35% a36% a64J/4 a67la ——-25 —— Cities Service Co (Un)_— / a41% a4334 312% Mar .21% Co St 59% Mar Jan I,' Jan 12% 5 Yo Schenley 51% Mar ' a41%. Jan 21% 1 1 Safeway Stores Feb 6% Fpb -t Case Jan .11% Jan 26% Feb, a32% 8 (Un) Ryan. Aeronautical Feb 56% Feb /'■/'' 68 '306 18 Ij490 - 90c -21 preferredred preferred A... Richfield Mar 3c Jan 2,420 a37% a38% -24% Jan 20% "redeemable Rheem Mfg 2%. Jan Jan - 'preferred S% Rice , Packing Corp common——* Canadian Pacific Ry Co- (Un)—*—-25 California Jan 370 al9% —25 5'/ i Rexall Drug „• 4% Mar , 18% 21% Radio-Keith-Orpheum Corp (Un).. Republic Pictures Corp (Un) Republic Steel Corporation (Un) Reserve Oil & Gas Company/ liy4 Mar 7 ; 25 V* , 16% Mai* t Feb pn Feb 315 a32% — * Radio Jan 7% Jan " 225 9% ; 9% 13% .•'14%, ' __ 13 2%c Jan 90 a587/s Borg-Warner Corp (Un) Broadway Dept Store. Budd 1,383 a50% a51% 1 8 29% 17% ,,18%. 1% 1% l — Pure Mar 42% Jan 1%: Mar > / 1.40 24 v4. Jan 10 Phelps Dodge Corp (Un) Pullman Incorporated (Un) Feb 10% Mar 2,000 1.10 Mar 172 312%~312% __ 1 Pepsi-Cola Co (Un) Feb 33c 56 77 185 3c a26% a26'% 5Y* 6% a26%- -.15 lUti > 34% 3c 2 ■i 35% 300 8% Mar 1.25 27 l/a 1A%. 16% ^25% 25% • - Products Pennsylvania Feb Vt Feb 10 I i Feb 48 20 1% • 20 25c; 'Jan .. 1% 7% Jan , 1.10 (Ufl)-lOO 1 Airways Paramount Pictures-Inc (Un) 7% Mar !■/■. Jan £ Company 11% Mar , 3% Jan 2,550 ^Jan 27 y» * ... — Rights 6% preferred. 5%% preferred Pan Feb , 13% Mar 17 v")/:;/:/595:? Feb • (Un)— (Packard Motor Car Co •/' 7% Feb HDL; Mar 170 al0% al038 Benguet Consolid Mining (Un)____ ,50c Bethlehem Steel Corp (Uni-,.. — Black Mammoth Cons Mining Co -10c 40 6%, Jan 4,400 51 10% 11 Jan 9% Mar ■:^.v 3io Feb 26 45% 23 t,uo \ 507 5,300 1 Pacific Lighting Corp :oommon. 111% Mar ' 47% 730/ 1 1 .1 Feb • Corp Co Clay Pacific 33% Mar Jan 22,585 18% 18% Mar 30% ■■ 137% Jan 4401.: Jan, * Pacific Indemnity Xtttnpany Jan Jan r^8;fc " ;''585" 11% 155 . •164.% Feb . 2,785 7% 11 Va a 94 10% *10% 31c .23.% '49 10% , / 635 a41% 445% 7% 20c < . Feb Mar "457 9- —5 Aviation Corp (Un) . 5 Bendix Home Appliances Inc—___—5 Jan, 22; / 609 ■V al08 a42 ■■ 1 (Un). 31 8% Barker Bros Corp' common——-—10 BarnhartrMorrow Consolidated -1 Earnsdall 146% 498 ' 28 V4 31 13 ... 1,638 24/ % ' Baltimore & Ohio Railroad Co (Un)-100 Bandini Petroleum Co 155, ... Petroleum 7 • Mai . ' RR Pacific Finance .Gorp df Calif Pacific Gas & Ebec/common. Jan 4 * Oil Pacific 3y« i 9% Jan 20% Mar 1,350 14 .14% —. Ohio //. 31% Mar v Feb 3% Mar " -v, 1 Btgh •■..■5 - ' -/34'.> 34%^ Central Corporation Ltd Occidental 27%>Mar . loo • > , * Northrop Aircraft Inc * ; 54% Jan 12c * ; * Northern Pacific ^Railway Co •/Binge Since Jannarr • Jan — Corp (Un)x 5 City Lines Inc. x_—1 Ohio Edison Shares 31% Jan 51 310 "70c Inc (Un) Light— - & Oceanic OH Co— tow, *Big1t 31% ■■ __l (Un) American Airlines Inc (Un)___.—- —1 American Power & Lt Co new (Un)—* Amer Radiator & St San Co (Utn) —• American Smelt & Refining Co (Un)__* /of Prices ,;;T /. 4 17% 47% North American Aviation Inc (Un) North American-Co (Un) a Sales , Jan 20 Utilities Power York New 5% Mar for Week Range? gale Price rlr: Admiral Week's* Last : 16% ii* National Distillers Prod Corp (Un) National Mallison Fabrics Corp /Angeles:i Stock Exchange STOCKS Feb 81 Co_* Power-Co National' jl' Los 7% 1.15 l Nash-Kelvlnator Jan ■ i- ;> Jan i.j.x * %a7% __10c Mbiitgomery" Ward k Co InC (Un) Mt'Diablo Oil Mgn v& Dev Jan 11% Petroleum South Montana -Feb 16 y4 •- Feb 1 Wayne Screw Products. -x -Angeles 'Investment Co——100 Minnesota Jan 3 14% ,Feb 4 ... United States Radiator common 4% 10c* Mar5 * Middle Jan 13 '?8%'Mar 450 10% „if Angeles -Biltmore - Hotel Co.—. Merchants ' 5 1 : ; .1.;^ , Magna vox Company (Un).. Menasco Mfg Co. 11% Mar 3 8 1/2 2% .., CO.— 470' a25%*26% 17% a49% - High ,«%, '• > 6 al7% al7% -a49% a50% 45% "45% a , .Low *1,000 ■ 3 i Los 44% Mar .-. Petroleum l Lockheed Aircraft Corp Loew's Inc (Un) „x—x_xx_— Jan 2Jan , Lincoln Mar 6% Mar ■ • 3,350 Jan 2% Mat '/2%Mar 1,000 Company —; uooy McNeil & Libby (Un).x. Range Since January I , TOc Lx' >t . & Lane-Wells 39% Mar 11%'Mar 121/2 2%, 1 ___ .250 , . - 3 ;—_i 4Ys Jan 37 % - iJan • 3-/4 Mar • •>.:2^/Peb-:^ t. Reo Motors > Power al ^Shares High 10c __ Light Co (Un) 5 Kennecott Copper Corp (Un) * Kern County Land Co<^—. Feb v : 29^Mar 2% ? * 17% Kansas Mat ~"35fe Jan 29 j . -132 <" Co Oil Low Par Va ■, Sales for Week Range of Prices • # ' •/, ,JxU-uxJxx_x.xxLL-10c Jaide 3% Mar 21/4 381,4 1 * 7% Mar 3*4 2% 38'/, - . Parke/Davis ij Jan .. Week's Last SalePriee ■ i' .6% *••; ickard Motor Car. Park High r 7% I.Z* National "Stamping' common %0W High 31 Vs. - 7" " iy® : Hone Corporation Murray .Friday STOCKS Range Since January 1 7% • _ Products._! Motor Shares Low ., _1 Micihgan. Sugac common forWeek > Sale Price Michigan. Bumper.— Sales Range of Prices Friday , +. i* ■r% 1 34% a20 a2l %- 34ya 412 73 ;Mar 8 Jan 9% Feb 21% Jan 23% Mar 30% 34% Mar Jan a— • a— ■ — 7 Feb 49% Feb 5% Mar 5% 185 9c a497/a 050% 9C 110 167 115 $1,000 109% Jan 115 -100% -100%-101 % 15,000 100% Mar 101% Mar 5% 28,000 49% Feb 2%c Jan r.. 115 2%s deb_.—1957 3s conv -deb w i———JL960 Feb 16% Jan 13 . Jan! . 16c Mar Mar rr— IFor^ footnotes see.pageZ.38. •./.,; / 32 THE (1384) COMMERCIAL & FINANCIAL CHRONICLE Monday, April- 3, 1950 OTHER STOCK EXCHANGES RANGE FOR WEEK ENDED MARCH XI Week'* Sales Last Range for Week 8ale Price of Prices Shares Friday . STOCKS ^ DAYTON & GERNON 105 SO. LA SALLE Telephone Central 6-0780 Members: , ,Mldwefit Stock Exchange ; « — ■ • •; „> Rights ' . •'*' ». Razor— Gossard Bros Co * : (W 143i 1 52 12 • (Un) Gray Drug Stores Great : UCROSSE Lakes Great EAU CLAIRE Lakes 12% • 1% Greif Bros Co Grlesedleck Friday STOCKS Helllnian Range Hein for Week of Prices Sale Prlea Shares Par I Abbott Laboratories Steel Acme Admiral Advanced Aluminum _ 6 50c (Un; ' American ^ American Rad Tel Anaconda Armour Co Co & Atch Stand Mining (Un) Mfg Jan 3% i , 50 prior 3% 14 14% 1,100 Co„ 97k 11% 115 21% Feb 227k Mar 13% Jan 146% Jan ' /, > 28 -/soor to <3 8% 87 k 9 >:■ :7% 80 80 1% VI . . % , 17k 77k ; : 367k 13% 5 41% 41% 43% (Un/-—PI 1% 17k 17k . Mar Berghoff Brewing Corp Bethlehem Steel Corp (Un) Binks Mfg Co capital-,: 1 Eorg Laughlin (George Brown & Brown 33% Co Budd (E 35% Co Burd Burkhart (F) Butler Bros Jan 15% 15% 13'%."' xl3% • :-t : • 54% ;? 13% 37%. —__2 % 19% 19% 14 i i-y .«■ P I common •'» (Un) 97k Brewing Corp. 50c — Central & South West Corp Mar Feb 29 Jan 34 Feb 16% Jan 197 k Feb 9% %:!:475 3% 3 1,450 4% 15%-:;. 4% 157 k 197k Mar 3 , 3,000 8% Mar 11% Jan Jan *T 157k Feb 3% Jan Mar Jan Illinois Light.^ • Central III 8ecur Corp common Convertible vi preferred— Electric Co' Century Certain-teed Products ■35% 1 T . * '2% 10 — '2% 600 20%. •' - • 20 % .1,150 7 (Un) 7 Mar 17 2% Mar .1974 Jan . , 32 177k. 7 l2o . 15% j . 38 v2 Jan,..; 2% Feb »*' Cherry Burrell Corp tl*. Chesapeake & Ohio (Un/ Chicago Corp common. » Convertible ■ 9%' 9%" _4———_5 25 28 74 1 14% preferred J— '*/ Jan :.7 .. Feb HA 00 Feb,.,: Feb Jan 250 9%; ""f 9% Mar . 117k 29% 1,830 28 14s« 2,305 12% 65% 65% 100 647k Jan •:'/ Jan / :•/ . Jan 14% Feb 14% 65% Illinois Chicago Mil St Paul & Pac vtc Chicago Towel Co City — Service Co Products Cleveland 42% 99 Chrysler Corp Cities Iron 'c 64% 2% 99 Feb 65% Mar ' «. 14% Cleveland Graphite Bronze (Un) 1 46 Jan Jan 99 14% 14%. 79 - 28 - 28 F 67% ' 32 '• Foods Coleman Inc—- (The;. Co Columbia Gas Commonwealth Consolidated Consumers * (Unj__ Aircraft common 21% • 23 21% - 43% (Un)__l Interlake —-Li— 50 20% Feb : ■"'34 Crane Co (Un) i __l x Jan 79 Detroit & Cleveland Nav (Un) "28% Dodge Mfg Corp—1——L— Doehler-Jarvis 33% Mar Domestic Credit Corp class Dow Chemical Co Du Pont (E Eastman I) A_— - 40: de Kodah Nemours (Un)— 4% (Un) 5 „1 V 67% 25% National Watch Diedge & Dock . Co i—1 100 - Corp 5% pfd 10 For footnotes see page .rr 1 38. Jan 36% 33 Mar 417 46 Ma r 1% 790 - 3 25 12% 13% 37% 36 7»" 38% 415'* 14 % 14% soo -•• - 2a- - 550 10% 4 Jan Jan Jan Mar 3% Mar i Feb 25 Feb Jan 137k Mar 34 y2 Jan 39 14 Jan 15 8% 7% 8% 1,250 4% Jan x32% 33% 985 28V2 Jan 1 ,43% 44% 154 43% Mar Jan Jan ,, 8% Mar 33% Mar Mar 50 Steamship Shoe International Tel Iowa & When Power Kellogg Jan 38 33 Jan 1 267a 1,400 26 Mar 28% Jan 39% £ 26 150 38 Mar 397k Mar ' 40»7 40 "'<40% 722 40 Mar 463/k 13 12 13% 6.000 12 Mar 137k Mar * 29% 29 30 1.900 29 Mar 22 22% 600 22 Mar * Jan ' 4 I * Stephens Shinkle Kansas 40'/a Mar / 30% Mar ) & Light— delivered Johnson 32% Jan • (Un) Electric— & 200 33 37% • Tel delivered Power 26 7.50 787 40% 33 • (Un)_L___ Co Gas Illinois When 39 • Harvester* Paper Iowa 393/a Shoe Light & Switchboard 7% 7% :fi7% 17% 18 % 1,112 : * (Un) 7% 400 75 16 J4 • 16% 16% 11% xl2 xl2 • common 7 7k 7% Mar 177k Mar 18% Mar 13 y4 300 500 , 237k Mar Feb Jan 17% Mar 117k Mar- 14 7k - Feb ' 5% 85% Knapp Monarch Co Kropp Forge Co common 85 90 85 % 4'% 100 1 33 %c preferred 4% Mar 85 7k Mar 100 4% Mar 6Vs Jan 2% 300 27k Mar 27k Feb x6% x6% "f 200 IV2 Jan 14% 14% '300 13'/« Jan 6% 7% 3,700 67k Feb 400 107k Jan r • 2% Salle La Extension University ^_5 Co Laclede-Christy Laclede Gas Light 5 (Un) €7'a 4 Sessions Co & Landis Machine Leath & Llbby McNeil Co Co ; Libby & 40 , . Metropolitan Brick Mickelberry's Food Middle West —j — Products Utilities South Middle Mar 70 2234 Jan 24 Mar 40 33 Jan 40 Feb 3,855 77k 23% 630 8% Mar Jan Inc 26% 27% Jan 277k Feb 30'.2 30% 55 28'% Feb 31 Jan * : class B Cement Portland Medusa Jan 12 * Co__L & 77k ;■ ~ Field (Arthur G) McKee 147k Mar 7:% 7% 7% . 24 40 40 0 7 12 23 25 — preferred $2.50 11% 10 57k Mar 53 Vt 54% 300 4?'k Jan; 547k Mar • 26% 300 6 Jan 10% 100 9% Jan 19% 19% 2% 2% 6% 6% 6% 1 19% common—* 5 Corp 6% 10 4 500 197k Mar 1,125 7 Feb liy2 27k Mar Feb 197k Mar 27k Mar - Miller & Hart preferred prior Missouri 23 Chemical Monroe Co 200 17% Jan 19 Feb 23% 950 22y» Jan 25 Mar -'50 2% 2% 54% 5671ft 19% 19 V* 20 12 117(t 12% 50c - —27k Mar - 616 547k Mar - 30 18% Mar 11% 4,200 1 (Un) Nash-Kelvinator Corp National Standard Tile Mfg— & 18% 25 4,200 " - 4% . 24% Jan 37k {Un) RR 14% • 4,300 11% 200 14% 12% "•267k • (Un)_ American Aviation North American 20% 10 Illinois Corp 4.—— Northern " 50 213', 20% "1.430 8 8% * - 12%- 12 -100 '4 •' — 32% 30% 327 a 3,050 1 Bancorporation Mfg Co 123,4 1272 13% Warrants Co.— Ohio Oil (Un) 2%'* 34• 347k- * 8 - Feb Jan 14% Mar 377k Mar 13 Mar 28 Mar .'21% Mar Feb 9'/2 Mar Mar 13 Mar ' < 25% Jan 32% Mar 10% Jan 13% * --2,200 2% —-r .——: Edison 4,350 •'100 Jan 4Vm Mar Jan 12 Feb 18 y2 * Jan 8«k > -3,900 12 Feb 28% 1 Jan 18% .... Feb 12% Mar 247k . * (Minn) •12 900 27% 27% 20 Co— American North 12 ll' Car 37% 127'AT 37% x,—2.50 217k Feb - Central York New Noblitt-Sparks Industries '3Feb - 16% Mar 300 Feb }j 58%. Feb 1,200 25% 4* f • lS'/i 17% 25 5 10 a_.—.—1 Jan 19 * Muter Co 7 14 7k : */• —* common Montgomery Ward & Co Muskegon Mot Spec class A— Jan Jan 23 1 .... b 127k 14 187'a —25 Cement—^ Portland 650 50 14 10 — Brewing Co Minneapolis GVh 1 vtc common— Feb ' ' 2V4 Mar • 32 1: 2% Mar Jan Feb 35 Vs Packard Pan Co • Motor Car 27% 27% 29 Va •,'.3% 3% 3% 2,500 9% 10% 10 World Airways (Un)_2ya American Pictures (Un) 267k Mar 742 • (Un» ". 1,620 : 137 k -20%: 20 % 1 v, 850 ' ;v 29 y. Mar. ", 3% Mar ,v 9 47k Jan Jan 11 Feb 21% Jan 24 17% Feb Peabody Coal Co common Pennsylvania RR Peoples Gas Light & Coke- 22 V 21% * 5 50 100 Patterson-Sargent Co : 150 • 21* Mar Jan "' " 1,730 17'% 17 17% *170 6% 57» 5% Mar 167k 7%. Mar Jan- -18V4 Mar " 129% 1337 s 2°i; 127% Jan 10% *3,500 : *;^r8% Jan Potter Co (The) 67k Jan 10% 10% 33%c Pepsi-Cola Co (Un) 138% 150 7% 2874 734 29% *1,144 29 2'j 307 k 870 26% Feb 18% 15 19% 42,400 127k Jan : 8 Service Public Corp X- 4— +—1 (Ind) com • : Feb " . 12 Mar * *' 8% 2978'' —1 : ■ soo 8% Jan Feb 8% 77k Mar 27 Feb 29% Mar Pure Oil • (Un) Co Corp of America (Un) — Radio-Keith-Orpheum (Un) *-. • -". - 77k 77k 475 77k Mar Remington Rand 12% : 127k 147k 21,205 26 25% 31«/» Mar. 197k Mar 127k Mar Rexall 29 Feb 30 % Mar 50c (Un) Republic Steel Corp Oil Richman - • (Un) 7% -97k Corp (Un) Co 1277k Mar Jan 5% Feb 147k Mar; Feb 904 53* "'*380 41% 416 417k Mar 44% / 2674 5 7k * Bros 237k . 41% 5% —2% (Un) Drug -v 45% 200 43 y» Mar 46 V* 267k Mar 67k Jan 43 7k Mar 46% Mar 174 100 T 12 19% i 30 - 20% 92% 100 . 12 Mar 13 Jan 22 9 Jan 10% Mar -.10% Jan 12 76% 76. 77%. 17% 17% 5Vs Mar Jan When 52% Mar Jan Jan National Stockyards Louis Louis Public Service A com • • 5:% f * " "600 25 Mar 44% 140 40 Jan 57k 67k 3,100 25 Jan 45 Jan 6% Jan 150 261% Mar 29Vk Jan 900 29% Mar 347k 107k Mar 12 Jan 417k Jan 45 Mar Mar 40 4% Electric". Co Schenley Industries (Un) Schwitzer Sears 1 Cummins Roebuck ft • Co com—* 39 12 Shpllmar • 147k of St Louis ■*. 50 " : 10% 45 39 3974 150 39 12 12 100 117k 277k 28 'A 1 • Co 307k 1034 44 7k 44% Serrick Corp class B common——_—1 Inv 29 297s ' - __ ' * 287'2 • 1% 29, 1,398 * ' Jan Jan 47% Mar 8% Feb \ „ 43% 25 * delivered St . - 8% Mar Prod 68% Jan 78% Feb 16% — JSmit '■ ' " Joseph Light & Power Securities Jan 41 % 736 1,850 Mar 46 100 1,777- 5% * ' _• Jan GOO 400 8% 100 St Sangamo 2,400 8 Jan 520 51% 8% 68 % Mar Mar 19% Mar 1,350 47% 8% ' St *1,230 51% 8% Jan 43 Jan - 30% 46 5 Refrigerator Co 6% : 46% 46% ser A.10 3,200 3% 13% • Richfield * Corp. Jan Jan .... Motors 5% Mar 8% 61 5% Public Utilities '* Jan 1,641 11% Gibson 7% 68% 10% General Feb 4% Mar 5% 5 1V-2 Jan 64% Mar 12 19% 38% Mar 24 - 9% Jan 9% General 30 Jan Jan 100 — • Mar 3% 10% Transportation 7% 54% 5% Amer 26 264 10% General i Jan 1,750 fiS -10 General Electric Co (Un)__ General Finance Feb v7% 4% .—5 . 30 Jan " -•100 Four-Wheel Auto Jan 34% 64 141 • (Un) Pressed Steel Car common 200 5% 26% Mar Jan 6% Mar - ) 4 3 1 Light & Radio Plour Mills of America Inc Drive 20 30% 15 Palstaff Brewing Corp Fitz Simons & Connell 67% Jan 6% 1.046 7% Jan 21% 1,350 39% 3 . 365 - Jan 24 13% Mar Jan -850-, 8% Mar 17 Mar 46 10 Eaton Manufacturing Co J2 Electric Controller & Manufacturing—* Elgin 4 62% 12% - - 30 - U : 27% 33% 1 15 —— 7 Feb 19 37% Mar 13% Mar 5% 5 Jan 23 7% __10 Corp Feb Jan 8% 5 Mar / 46% Mar Feb 27%-. 28 31 Yt Jan 15% Jan / Jan 26 1 — Mar 11% 6% 25 Curtiss-Wright Corp (Un) •' 29% A- Continental Motors 33% .... 1,205 Jan 10% Mar Jan 11% * 22Jan * • ,v. 26% 22 • Products Power International Paramount 400 17% ' 550 .6% 39 :■ 24 100 —; Tool International Northwest 2,400 13%: 6% 4 50 Steel Oak 5,500-:-.. L~.17% 12 »/2 1 Jan 13%: 13% 12% ' — RR Rayon Corp Jan 27% Mar 1,015 V 23* 26 %- 10 Pneumatic Indiana Steel 78% Mar • 100 V, 32% 26 __5 common Co Indianapolis Industrial 68% 73% Jan 386 35%. Mar Feb 50 ,__1 Central Feb 30% 13%-. 30%: , . Preferred 35 35. Inc_________^.___5 System Edison Vultee Co 1 Jan 28 * Illinois Jan I.1% Clinton liy4 Jan 16 150 iL_: Brick Ohio f 1.700,.. J 200 1 ,r: Feb Jan 300 Mar -•- 100 45%* 46%X •1 750 34 % 79 79 • Jan 91 i,9iH,,.: 63 - 2 1734 39% Northern States Power ,»• 73 %v 8% Feb : 41% 30,., ' 84.50 preferred 4—. Cleveland Electric Illuminating .,,7% Jan „ 50. 67% 33% 1 common 425 > 71% x _ 7% 42% 99 s,./ " ... 64% . -10 i Corp— Cliffs 7% 7% : RR Co common 28! Feb Jan *' 10% Mar 23% Feb 2% .. 10% 11% 17% 28 Mar 25 - 825 - Jan 52 137k Jan 300— 23% 25 —: Brick Independent North Chicago Rock Isl & Pacific 28%* 6% common Press Jan 30% v 28 * 10%- 3 preferred National I' • 10% 10% 20% Mar ' •'* 11% Mar 5 / ;■'/ 16% ' Central $6 $1 37 k Mar 14% Mar 15 14% Mai' 900 15% 4% •: 5 . 1.110 1474 14% Corp Hydraulic Marshall .7 10% 11% 15 14% « 47 Mar 40 •/■ Jan : Jan X ' 137 k /: •: ' f Feb 14 * "3 1 ^ '/?, 57 36% Mar 300 25 60 7k Mar Feb 200 200 ■ %;147k Mar Feb Jan 415 19% J ■: 7% 31% 450 15% Mar Feb ) 177a 19% — ■ 13% Mar . 250 . 31 10 common Feb :.35% Mar ■ 137 k Mar 435 , 31 127k Pacific 1.1/- 6% ; 14% 7% •' 12% 7. fio 'D/225 '.)'■• 197k 8 Corp ■ jl"-: .' '■ : . 55% 150. 38 y« • 150 Bartlett——: Spencer Lam son 675 137k —15 Carr-Consol Biscuit Centlivre 60% 53 14 V, 150 \*Z. 500'. 14% 587k 587i 5 10% 15% 1 ; 1% 265 Feb 1 Jan - Canadian / y ?•. Jan Manufacturing Burton-Dixie 1% Mar i . 4% 1 Ring 43% Mar 12 (Uni Piston Jan 1% Mar / 450: * , Jan Jan • Mar 9/64 Mar 11 y# Mar 28 2 Co Kelley Island Lime & Transport 307k 33% V lo ... L)— Feo 550 ,;. (* Bruce Feb 137/b 925 Bigelow , 37% Jan 13 — Inc Jan 11% • 35 (E J)._„ 'Co Feb 12% j ; 14% 44% 300 ■ 2,t 10%- Jan 7% 33% Corp Corp Shoe 2% Jan -2'% Inc—— Wi Borg-Warner Brach & Sons 5% 6% Mar Jan 1 • — & 57k 111% J; 1 % Mar 30« , Mar 1% Ma-* 5% ,1,300 .. Jan Jan 700 — 9% •"') ••--v. Feb •1 ■' - 200 12% i Jan 33% Mar 1% 4% 100 33% ' /. 31 Mar'/ 103% ,/ 15,800 13% • .: Hupp Inland Feb 15 80 f'y Mart. ;• ;/•; 80 • 300 1% 7'%"; it 100,, 5% 300 250 - - 10 1 Brewery Corp Internationa] 550 ,:, .. 67a j " ' ' -all." • ,1/2,810 ,//: 10, „ 108% 1097k 5% 3 \ 1,105 Feb 155% Mar Jan J.% 10 /' Jan .ft; Jan 34% Mar Jan 28% V m;X J Jan 33 —.' 3 « Corp 4 26% 28% 1 3% Mar ." 3,108 J 31% 100 tUu> Jan Jan 950 .. - 31% : 6% 3% Mar, 2,200 * Mar 7% Jan 3 .• Bliss v 6% Mar 1,000 153% 155% 4 Benquet Cons Mining Co » 30 22 : preferred-*—*' Fe / 750 11% 1547k.: 5 Santa Aviation 5% 6 7'. 34% 14% ■0 10 Bastian-Blesslng Co Belden Mfg Co Bendix 32 107 k 50 - Automatic Washer Avco Jan 21% (Un)__• Products Corp Athey 17% 3% 100 Manufacturing & 14,400 * San Co (111) Topeka 32 Hibbard Jan 32 1 (Un) convertible Asbestos 21% ii 1 (111) Tel Copper Armco Steel Jan Jan 32% & & 54% 19% 3% "' i (Un) Investment American 457k Mar 1,435 6 ' Laboratories American Airlines 582 20% 67k . .• Alleghany Corp $6 Bearing Manufacturing—. Brasb Allied 5 Castings & Roller 47'/a 27% 31 % - High 19%: :" /—■ 1 High' Low 45 7k — 10 ; Corp Aetna Ball Akron 5 Co ' Loin , (G) Werner ; 26%- 3 Corp common Brewing Co 1/128 Mar Range Since January 1 ' . Western Instrument Harnischteger Sales Week's ; Ltd , Hammond Exchange 30% 15.;,, * (Un)—. 40 Jan ;.-:f J,;:' —100 Cooperage class A Greyhound Midwesi Slock Towing common.. Jan 24% 15 • • Dredge ft Dock High 33% 1,100 14% 50% • H>_ Graham-Paige Motors MADISON v*. 1/128 1/128 MIDWESTERN LISTED AND UNLISTED SECURITIES MINNEAPOLIS Low 400 527 39% 28%- 29% Goodyear Tire & Rubber Co— • Range Since January 1 High 38% uj. — Goldblatt , Chicago Board of Trade Safety Glidden Co .< Un) ' , Low V 1 CHICAGO 3, ILL. ; ■ * ' Par Gillette ' ST.. 1 Jan Slgnode- Steel 18% Feb Sinclair 10% Feb 8 Jan Oil Corp Strapping Corp. Socony Vacuum Oil — (Un)— .15 : • 167k. : Jan 12% Mar Jan 30% Feb 14% . 14% 1,500 127k Jan 14% Feb 237k 247s 1,500 22 Jan 247k Mar 3,400 16 Feb 17 V4 Mar 1674 17 7k ; 850 267k Volume 171 r Number 4895 THE . COMMERCIAL & FINANCIAL CHRONICLE (1385) OTHER STOCK EXCHANGES RANGE f* FOR WEEK ENDED MARCH : Frfiujr . * STOCKS • . Week's:/ > Bouth Bend Par Lathe Southern Southern Pacific Worxs Range Rights — 5 Co_ _ 6kares Low ■ 12% Low 18 650 conv 15 y2 High Jan 18 ' 13% 53% 90 90 9 8'/a 9 1^75 2% 2% 300 2% Feb 3l/4 Sales Range for Week of Prices Shares 9% 300 9% Mar 9% Par Joy Manufacturing Co Jan /„ Low 1 Range Since January 1 I High Low High __ 31 % 31 Va 5 25'% 24 25% 278 8% 100 3% 350 3% Jan 21% 782 19% Jan 30% 34% Mar Jan Jan 9% * - Mar 12% 2,500 12% Mar 13'% Mar 51% Mar 440 8,900 pfd.100 Week's Last ' 52 _ Sparks-Withington Co 6% Friday Sale Price r STOCKS Range Since January 1 High 17% ' * ____ fer Week of Prices , , 5 Co ; . Last Sale Price •• Sales 31 53 Ve Mar ■A Mar . 90 Mar 32 Mar 90 Lone Star Maekintosh-Hemphill Mar McKinney Mfg '" :i-?10 Gas__: I —, 5 , 8V2 „ —1 1 3 Va Mar 26% 8% Mar 9% Feb 3*/4 Jan 24 Jan ■ Spiegel Inc Standard ' Dredging Standard 1 8% Standard Oil (N J) (Ohio) Oil Standard Steel 1 25 45% 45% 25 (Un) €8% 68% com 10 & Swift Ctfs of Co. Thor 8% .10 17 Tool 5 United Corp 8% Mar Jan 17% Mar 26y4 Jan of interest Steel 16 30 Ve 63% 135 47 ,Jan 11 700 9 Jan 1,260 12% 13% 6,700 36% 37 y2 425 13% 15 Va 1,700 63% Iron 63% 64% 57 10% 891 59% 400 57 12% 100 6% 4 6% Jan 29 y4 410 16% 200 49 y2 18% 18 50'% 50 50% 43% 43% 45 10 ; ,19 14% "i 1 62 32% Jan 41 */2 Mar • j. 60 35% Jan 38% Mar 17% Westinghouse Electric Corp is y2 30% 14 33% ^ 57 7 : 360 - 9c Jan!) 8% 6% Mar 70 .118 % Jan lie Feb 8c 2,000 19y2.20 ', — —1 34% Feb Jan 19% Feb 20% Mar Jan 33% Jan 3% Jan 16% Z 15% Air " ft Mar * 17 :' 84 y« ^ Sales for Week Shares Jan Feb (Un) Mining Range Since January 1 Low High High a45% a45% 85 31% 1,605 a22 a22 Va 186 31 a22 Va 28% (Un) 47 3 3 100 11 130 84 y4 60 17% 17% - - 25 840 3% s4*/4 ■ — Jan 31% Mar 22% 11 ■v: —1 52% Mar 28 % Mar . 3% Co__—10 .__1 Inc Power Ltd Factors American Amer Radiator & ft (Un) • (Un)__—_—_20 Light Feb 9% 3 */e Jan Jan» 11% Jan 2% " Jan 4 Feb 3 3% Mar (Un) 14 *: J&n Feb; (Un)__* 18% Jan Feb 21- Feb.. 13% Jan 14% Feb 1 56 Jan 17 % Mar 98 7b0 ; 4% Mar! 20% 127 &20 14 14% a 50% a51% ta.20 (Un) Ban 8tan American Smelting & Refining . 150 Jan ' 56 .j , ■ V - Feb- American Mar ^ American Co Woolen Co (Un) (Un) .14 (Un) Arkansas Mar Nat Gas Corp Co (111) com & Armour 'i 37 ( 37 37 -20 all% (Un) 5 - ■ 8% • a 218 'f - 11%' 34 Jan Jan \ Jan » 39 ; Feb; a - — 7% Mar 30% ■ Mar ■ a__ 200 72 32 Jan Feb - 40 - - - 28 803 k .23 199 v. 8% 69% 80 28 % . 155% Mar 146% Jan 2,884 23% 28% • — -50 cl A (Un) 155% a65% a65% __ • Mlntog (Un) : .154 154 -.TOO Anglo Calif Natl Bank—- 84V/e Mar 6 Tel ft Anaconda Copper 16 V4 Mar J* Tel American Viscose Corp 16% Alar ; . .. 5% Mar -, Low :_ _1 — Gold Airlines American Mar 35 i- Jan £2% 3 ■ ( Jan 15 14% 90O-, Feb * 7% - 15% ; Jan Exchango of Prices * ; American & Foreign Power 32% Mar 6% Mar 14 % Mar 100 34% Mar Range —5 (Un) Co Juneau American 3% Mar 25% Jan Corp Reduction Alaska Jan 30 V2 27% Week's Par ;/ Alleghany Corp Jan ,r. 6 Admiral Jan 23% 1,144 24% Mar 30% " Feb 4 23Ve i 776 581 Last Abbott Laboratories common Jan 17% Mar 35 5% Jan 17% Mar 100 24% 25% 33% (34% . Sale Price Jan 3 6,200 16% 5% 12% . Friday Feb 50 Va .- 800 84 ye — 25y2 San Francisco Slock Mar 14% 50 6% 16% Feb 335 15 15% • < 32% .33% —(__1 (Un) Mar . 45% 4,400 17% 17% 6% ! 1 9c , • 64% Mar 13% 3,017 3% 14% preferred 1 15s/a Mar Jan 320 ; 4 3 30% Inc common 6% Feb 42% Mar 2,080 15% 3% 1 —_______ Feb Mar;, 4 Jan 2 6,620 ',.41 Va "41 % 37*/e 37Va 1 —1 , Westinghouse Air Brake Westinghouse Electric Corp . (Un) Willys-Overland Motors 4% 13% Mar Jan 11% 900 5 HJn) Toy Mining— Steel Spring 37% Mar Jan 9% 33 • White Motor Co Wieboldt: Stores ll7/e Jan Jan 34 12% Works Pictures *37% • 3% . — 10 STOCKS 57 common Dorn '350 - 69% Mar 50 32% Air (Un) dlv 5% 30% Mar 17 13% A Carbon. 8 $4.25 Jan 5 Western Inc 3% 25 ; Bolt Corp & Standard 7% 37 4 without Bros San Feb 2 Van Warner Feb 18 y2 10 United Light & Rys Co rights w i____7 United Paramount Theatres com_____l U 12 V2 Jan 1,300 8% 17 10 y4 .25 Lines Certificates Jan 12 y4 15% : Screw 11 ye Ltd— 20g South La Salle St Corp Air 2% common 300 291/4 1 & New 1,200 63 % __ Carbide Pitts 8V2 1 Co 5% * V 1 (The) United 27% Mar 17 25 Transcontinental Union Jan 11% Products Co 25% $2.50 convertible preferred Pittsburgh Plate Glass— 11% (The). Corp Trane 70 y» Mar i6y2 deposit Thompson 47% Mar Jan ________l 5% 22% Mar 20% Mar Co Internationa) Texas Jan Jan 21 * 42% 18% Sunray Oil (Un) Swift —5 Corp 66y4 100 _. Machine Fireproofing 21 Pittsburgh Brewing Co— 930 589 Corp (Un). Corp Sundstrand 10 1,683 20% btuaeoaker Sunbeam National Supply 47% 27% Corp Storkline Furniture Fuel 70 % J 19% 1 Corp Container Jan 27% (Un) Products Aluminum 27'/a 10% 5 Spring Stewart-Warner Stone ; Oil of Indiana Standard Sterling l common Forgings Standard Mountain 8% Mar —1 Feb : 9% Jan " Wisconsin Bankshares Woodall World Industries / :v 12% 12% 12 Inc_; 12% ' 12 150 12 11% i. . 14 59 X10% 11% 79 83% e Youngstown Sheet A Tube : 14% .14% Publishing Co Yates-American Machine capital. ZZII5 550 Jan 12% Mar Afar 10% ' 16 10% Mar 590 73% Mar 14% Jan — Atlas Jan 12 v Feb 450 „ Atchison Corp Atlas Jan (Un)_100 i 5 Diesel Englne__^__2.50 <Un) Imperial Atok Mining Co P10 Mfg Corp common (Un)—____^9 Big Avco 83% Mar Topeka & Santa Fe Wedge al"°% alh«% al09% a24 Ve a24% a24Va v'Va ! 70 •" 82 7 Va 7% • 8 Ve 21c 7.650 7 Va 7%- Feb 8% Mar i 3 Jan 27c Mar 5% Feb) 25 Feb. 5% 19c 3,342 • 105 Va Mar Jan < ,24 4,027 19c - • __ 104 , v-7% Feb 13% Jan Feb ; 4 Baldwin Locomotive (Un)_ Ealtimore & Ohio RR (Un) Bandini Week'^ Friday » Bendix STOCKS Last Range Par American Stores •' Low 31% _ Tel A Tel. American Shares .100 Arundel Corporation Low 31%-' 16% 16% ' 29% Jan ••*•■34% Mar 146 l/e Jan 635 14% .. 155 Va Mar Locomotive Works common Baltimore Transit Co 13 _* V," 10 16%- ■ - 5'/o 1st , Budd preferred J; __l00 — Company Jan 13 Ve 14 14 922 . 14% 677 13% 1% Mar 15% 12% > Jan 15 Jan Chrysler Corp Publishing Co 2% ! 64% _• , 6V4 67 64% 6 Ve 474 6% Chemical Corp Delaware-Power Electric ft Storage Battery ._• 38 Ve 67 V V I, , 2FO Calamba 67 Ve '24 63% 80 41% Cement Preferred Canada Dry 180 180 180 V, 180 • " ! 2 180 T 1 ! Jan ■ Motors Corp. -10 Hudson Pulp Ac Paper 5%;pfd A_, r*-'' 160 76% 77% Vf 2^014 22%., ;• 200 75% ._25 ... ..... 22% Coal A Navigation (Glenn L) —10 -,-1 8 7% . 13% 13% 8 68 */2 Mar Mar 182 y2 Jan 7% 10 280 . Corp Pennsylvania. Power -ft Light Pennsylvania RR —1 11% 11% 24% .50 . Pennsylvania -Salt Mfg common Pennsylvania- Water A Power Co. 17 23 16% .10 44% 44 Va 36»/4 / / '36 11%;; 24% 3,813 17% 2,956 45 Va - 21% ; 78% Feb 22% Mar Jan 8l/2 Jan 15% Mar 275 36 11% Mar Jan Jan 16*/+ Jan 41% 98 37 Feb 61 •> - 1 11% . 2.65 - 14 7,022 :: 2.60 12 41 Ve'" 34% 2.75 3,866 f 51 Ve i 1ft 51'/e 194 "» 86 . llVa Mar f 7 Mar I 50 Va , Feb 30% ■ Jan , 49*/# 50 Mar if Jan 51% Mar Jan Feb 58 475 Mar 14 3.25 ' V 2.50 Mar 70 '14 a22% a22Ve 35 Jan 7% ir 42 Va Mar 35%- Jan , 422 • a59*/e a59% -13% 13% •' Co —1' 5% 5% * 15% 15 Va Jan 59% ' 16*/e 13% Mar 23 Feb 22% .36% 38 Va — <;■ Feb Mar - common—^—_10 Jan 4 / ' 5% Mar 17- Mar.. 13 660 .. Jan „ 34Va Feb,/ 40 19 53 Jan 53% Feb 10% alO% 30 10% Jan 11% Feb <15 340 14% Mar a35% a36% 270 32% 246 30 - 53 Ginger:Ale (Un)-_-—l%* Ry (Un),.'— _25 Tractor J 217 15 Va 36% — of ; America— 53 a .14% a35% '30% • Central Eureka Mining Co—_——*_I ^ 1.45 (Un) —25 Chi Mil St Paul RR com (Un)_—_" Preferred a28% ;(Un) —L J—100 1.45 1,050 * ■ 53 / Chrysler Corp v Cities —25 Service Co 1.50- - -2,800 28% a8 • Mar 15% Feb - 36% Mar Jan 65 27 1:80 • 8% Jan ,35% 66 Ve 835 63 Ve Jan 88 68% Feb 32% 32% 410 a 14% al5*/e Jul) j 30% Jan .. Jan 31 > 33% Mar Jan &71 a73% v ' Feb . 7% - 53 -•r - Mar -1.40 40 a28V» a28% a71 Ve - ' 942 -a8 - 65 ^10 (Un).* 30% 28 , Cloiox Jan 10% 1,702 ■ 47% _• ———;—____L50 Corp Chemical Colorado Fuel Columbia Feb Jan ; 24% Mar 18% Mar 45% Feb 39 Ve Jan Feb 24% 24% 25 5,538 ?3% J?n 25% 26 26 26% 364 24% Jan Phllco 43% 39% 44% 4,348 32% Jan 26% Mar 44% Mar 25% '24% 25 Va 1,590 23% Mar & Iron common- Sys class A— 2% Columbia Gas System com (Un)_— Columbia Packers River Solvents Commonwealth j Feb Feb. 67% Mar , 77% Jan ; 34% Vultee Continental Motors Continental Oil 16 31% Gas cap Aircraft • iUn)_15 42 31% (Un)__* a44% . 13 100 • !• "42 - 32'/+ a44% a45Ve 1 (Un)—_1 common . " 255 al7 —25 15% Feb ; 17 t •' Feb- Jan" ' 155 10 al5% 31% a Edison Natural 13'/# 32% Mar / 100 . a35% a37% 13 % 13% 10 *. Conso,4d"ted Edison Co of N Y Consolidated a36 Va (Un)_— (Un) Consolidated Chem Ind class A— Consolidated Philadelphia Electric commoz $1 dir preference common-. 3'/-* Co Broadcast Commercial Pennroad Feb Jan 22% Mar 248 14% Jan 4% 40% __ Chesapeake & Ohio Ry . Jan 68 % r 4 Jan 182% ' Lehigh Martin Jan Jan ; 10% 1,200 33% 40% t? 1 Pacific Caterpillar Jan ' -100 330 7 Jan % 24 % Mar ; 37 % Mar 561 . Jan __1 Sugar, Cap___i;— Celanese 21% Jan V21% 1,454 .. 8 (v. * Class B' General 23 Va 23 Ve '. 37% - Fidelity & Deposit Co__________. —10 Finance Co of America class -A -100 Zf 22% 22% 22% 13% coin ! 22 Ve ____l Light 68"/. 6Ve Mar •' Davison 62% Jan ".i. 1,147 11 Va ' Jan Mar (Un) California Packing Corp common .1 Canadian Curtis —• -—2 Holdings Corp (Un)__.__ Calaveras Feb 2% 12% Mar 140 _ —5 Byron Jackson Co__— 17 % Mar P% Mar 330 ' 2 Va 12% . • 10 Ve 9% 2*/4 Mar 1 . Baldwin 10 0% t a50 V4 a50% Borg-Warner Corp common (Un)—.—5: Bunker Hill & Sullivan (Un)_: 2y2 High 252 1,914 „ 153% 155 Va. Corp (Un) (Un) Steel Borden Co " v ■' High •* 31% 153% .Blair Range 8ince January 1 0% iUn).._____5 common Bishop Oil Co fer Week 145 ■- 11% .11% —1 *T0>- ' Co Aviation Bethlehem Sales of Prices . Sale Price Oil 10 .._100 Petroleum Barnsdall Philadelphia-Baltimore Stock Exchange 13 ' ••• 13 ' 168 220 Jan 40 " Feb Mar 10 21 Feb 30% ,.-135 13% Mar Jan Mar 16% 365 ( Jan 1 32% Mar - 43 - *1 Jan 277/e r ' Jan 32% Mar 43 Ve 1,505 . 12% 10 ; 70 Jan 43% Jan 10% Jan 14% Feb t ;, 6% 6% 100 Jan f 61% 61 Va 160 57 Jan 61% Mar I al3*/4 al3% 185 12% Jan 14 6% 6% 7 Ve Jan • Corp _. Public Service El ft Gas $1.40 div common.. preference 28 % common- 28% 29 Va 21% 20% 21% v 26% (Un) Del —5 Creameries of America Inc 1 '. al3% Jan Feb 28 % Mar 505 Co 30 Ve Feb 20% Jan 22% Crocker Jan Crown First Nat'l Bank Zellerbach Corp 106 107 40 31% 33 V» 836 27% Jan -104 V4 104 Va 48 102% Jan .—25 5 common 31% 100 , Jan 115 ■ Feb 34Ve Mar,,, ' ' .60 Reading Co Scott Sun Paper Oil common. ' Co , 365 74% 75% 211 66*4 Feb 80% Mar 60% ' 61% 61% 483 55% Jan 62 */2 Mar 4Ve 2,554 Preferred : Crucible • Steel Amer of Curtlss-Wright 105 al7 (Un) (Un) Corp 1 j j al7 al7 40 17% Feb 18% 8 Ve 8 Ve 8 V» 656 7% Jan 9Ve I | Mar \ Feb .: Feb V United Corp United Gas 3% _. Improvement Westmoreland Coal —, 13% _. 27% 26 Ve 26% —20 -■ 28 1,183 27% 28 247 3% Jan 2F 4*/e Mar Jan 28% 32% Feb Di «- Gicrglo Class B Feb 27% Mar Fruit Corp Mfg Dow Chemical BONDS 1975 46% 48 $6,300 41 % Dumbarton Jan 49 Mar du Pont Eastman El Friday STOCKS Last Sale Price Par Ludlum Natural Blaw-Knox Clark (D Steel Gas Co — __ __ _. 21% Jan ?7% Mar 8 10% Feb Fort Pitt Harbison Steel Corp —10/ 14% 101 14% 13 % — Refractories Co 16% Mar Jan 16 3% Jan 4 32 870 29 Ve : MarJan Jan 32 Mar 51 58 Va Jan 61 Mar 7% 400 6% Jan 67% 68 912 61 Ve Jan 624 46 % Mar 47% Jan ! 10 12% Feb | a62 % a63% 67% 46% 11 11% 1,375 5 21 Va 22 235 * 39.% 39% "442 (Un)__10 (Un)— Co Ltd 46% 1* common Share Co & Liquidating Corp common——1 Prod prior pfd (Un)—100 v 1 Ve 1 1 Va Mar 18% Jan 37% Mar 100 ——1 A 803 % 7% Mar 68 , 42% Jan % Jan 1% Jan Mar 106 106 13 22 Ve 22 Ve 202 22 Ve Mar 22% Mar Food Machinery & Chem Corp com„10 26 % 26% 697 26% Mai- 29% Feb 6% €% 585 Jan 6% Feb 4647 Ve 1,163 41 % Jan 220 49 Va Jan 106 Mar 8 225 8 Jan Mar 13 l3*/2 540 11% 13% 13% 200 11% Jan Feb Foster & Kleiser com 2% 15% Mar General 10 General Foods Corp common (Un) * General Metals Corp cap ,——____2% Jan 13% Mar Electric 14% General Motors Paint Co (Un) * 50 Va 50 Va 6 106 47 Ve Mar 50 Va Mar 12% 76 Va 12% 100 12% Mar 15 75% 77 Ve 1,998 71 Ve Jan 78 12 1® Corp 12% 322 11% Jan 14% Jan Feb Feb 13 % 13y2 75 12 Jan 14 Feb Preferred 13% 14% 236 11% Jan 17% Feb convertible com—• 21% 21% 22% 52 20% Jan 23 Feb Corp common al6V» in¬ 2nd Gillette Safety Razor common -♦ a38 Ve Jan 10 16% Feb 19 Jan al7 10 16% Jan 18% Jan a38 Ve a38Ve 25 37% Feb 37% Feb al6% a 16% al7 preferred —T For footnotes see page 39- i, 'j 23 Ve Mar Jan Jan Feb: * Board Florida Power & Light 13% — 3 Nemourb Capwell Corp 1 Brewing Walker Jan 11% 500 7Ve a63 —10 Works Oil General Follansbee 11% 1,107 3% 11% Mar 8 •" • High 70 14% 5 Low High U,% 8 Corumbia Gas System Fibre Range Sine* January 1 27% — Duquesne Brewing Shares 11% • Co FAR for Week ■ 26 —* Co L) 0 common—* Range of Prices Low Eureka Sales Week's (Un) de Kodak Bond Emporium Pittsburgh Stock Exckange Allegheny 444 15% 31% • 15 Co common Bridge (EI) Dorado Electric Arkansas (Un) 3% ' Transit Co 4s_ Baltimore * 16 15 3% 5 Co Fields Dominguez Oil V", — — 15% class A com__5 common Doernbecher — j 34 (1386) COMMERCIAL THE & FINANCIAL CHRONICLE Monday, April 3, 1950 OTHER STOCK EXCHANGES RANGE Friday Week's >' ■ . ■ <«'! ' ! < 1 ' . . J Range 4% McBean State Co & 1 Co Ltd preferred Northern Ry non-cum Greyhound Corp Honolulu Hudson Oil Hunt Poods • 17% Jan 14% 67 Jan 20 Co 19% Jan 25% 700 5% 7 Feb 3% 1,366 2% Jan 1.60 Feb 1,150 54% 13% 13% al4% 11% 11% a - 4 49 73 7 Jan Jan 4 5 Mar 6 3,322 1.75 Mar 35 11% 38 2,320 25% 430 • 13% 12 13% P2 33 33 33 (Un) a47% .• Mar 9% 9% 33c 200 15% 11% 2.05 38 Jan i 5% 8.75 al7% 5% 215 5% al7% al7% • 50 45% 50 29 10 <R Inc G) 31% 31 % Jan Jan 50 343 l 45% 13 » 15% _• — common Navigation 13 15%, Machine 150 a29% 13 105 23% 7% 19 Mar 18 Co Jan 47 Jan __ 33% 14% Feb V: Jan 29% Feb Jan v Jan 19% Feb 23 Jan 27% Mar 25 10% 13 • 1.45 Mar Feb 14 Mar Mar 15% a__ i 1.85 A al9% P10 21c —* a32% 1.90 a 20c 750 19% '61 23c 6,000 a32% a33% 1.60 114 (Un)ZlO 9 9 9% • 21% 21% 22% 54% 2.10 23 Mar 355 l 197/8 22 (Un)—,• 23 23 Power (Un) common Oil Ohio Oil Co Olaa Ry Oliver common Co United Class Pacific American Can 360 20% 220 17 17 22 92 10 & 20 28% A ± * common Aggregates Jan 16% Jan 22 Jan 24% 18% Jan Mar >> I: 20 25 2.95 150 1,400 11,600 Jan 4.32% cumulative ' Convertible 32% 36% 25 25 preferred series A —• Calif «Gas 10% 18% 116 Service com Co Co 38% Jan > 100 28 29% Feb t 250 11% TOO 29% -13= 12% 34% 8c 1 9c 44% 44% Mar 22 Jan Feb 42% Mar Jan 7c 25,700 * Jan ; f 133/e Mar - 36% Mar Jan - Jan j Feb 44% Mar f Mar <42'/« 477 a28% a39'% 36% 34 9c 40 35 Jan 39% Mar • 3,315 32 Feb 37% Mar 1 22 Feb 24% Mar 16 Feb 17'A Mar 1 29 % Mar 313/o Mar { 36Ve Mar 1 '> 24 24 16% 37% 24 Ys 1,308 '• 1 17% 31% 31% 35% 35% 25 > 27% 27% 26% Feb Fet j 25 30 303's ;> 229 29% Jan 30% Mar i > 100 31% Jan 32% Mar ; ; 100 353/a - 916" - 780 ; 34'A 1,433 r .324 32% 32% 4.88%—-j—25 28% 28% 353/4 36% 13 13% -757 52% 53 » ->604 25 : Jan 27% ■?< Mar 29 28% Jan 225 a3/64 i 11% Jan 13% Mar f< 50% . Jan Jan 54 Feb ■5 ■ (■ * 7/64 Mar 13/64 Mar :> Sperry Corp ;; Standard _i.iL Standard Oil "f f (Ind)—: Co . ti,. , Standard Oil • 1—• .25 ■ •352 67% 2,656 - a47% a47% 335 - ; • • 26 % 69% 25 69% 69V2 Corp (Un) McKee Co ——1 a 9%. 9% 10 25 — — 29% a30% 60 Jan 67% Mar Jan •; 46 JA Mar >42% : 175 66 Ve Jan 70 Mar Jan 9% Jan 22% Jan 36% Feb; 36% 216 593A Jan 62% Mar 210. a36% a37»A < i 23% Mar 90 23% 26% 401 :;9% 23% —10 (Un)_^ t 23% Mar > 61 496 > 28% Mar Jan 21% Jan ' .f.', Cq of N J (Un)— Super Mold Corp 4__ Swift & Co cap (Un) , 21 Ve 23% 653/4 ■ 27 Ve 233/4 i —1 Brands Inc (Un) Standard Oil iCo of Calif v 36% Mar - i }/■ j": 1 33% - 18,102 Jan 13% Jan 21% Feb V Feb .f Texas Company (Un) Tide Water Assbciated Oil 40 Jan 53% Mar » 18% Jan 21% 11 Jan 22c 1.40 Feb 12% Mar Jan 40c j ■■■.i Corp Jan 2.95 Mar Jan 34% Mar 27 Jan 1 30% Mar >'}• . . 10% Mar 11 Feb ; \ Carbide Oil Union Sugar 400 23 4 >v 2.45 Mar ' 2.65 Feb Jan 31% Jan 11% Jan 13% Jan |. ■'> 3% Jan 4% Feb r 20 11% Feb 12% Jan Q 4% 32% 4i 14/32 36% 32% Mar "" 6,924 14% Jan 17% Feb > 19% 823 18 Jan 19% Jan f 42% Mar 45 Jan 23 s ; 25 Jan Calif of common a43% 27 (Un) 12% .0 cap (Un) LintSs Inc — __ ——It a43 % / a45 414 27 27% 1,015 253/, Feb 27% Mar 13% . 13% 350 13% Jan 14% Feb 25 3A Jan 28 Feb >13% Jan 16% Mar a26'A a26% 14% 15% - • •'125 153A v 390 • >■ i -,?• 8% Jari 9% Feb ,'i 4% Mar 5% Feb 4 United Corp of Del Gas 1 (Un) Corp Theaters ctfs of int .4 . 4 1«% 10 — 4 525 ;i'- 18%' 3% Jan 4% Mar 17% < 100 Feb 19% Mar ; ) 200 >, 1,925 16% 18 . 28% Mar 30 12% • common—.28 Carbon & Co Air 25 16% 19- 5 ? n ;■ Union United a64 a643A 24%, 16% 2 United Aircraft Corp Mar - 10 com Transamerica Mar .> 28 •• United Par Common U S Steel (Un)_l 1 (Un) 2,473 26,982 180,881 31% Mar 34% Jan ft Mar Jan 37% Mar 526 31% Jan 33% Mar 29% Jan 1,910 29% 169 28% 28% 855 28% 326 28 28 30% Feb Feb 625 52% 106 75 103% 15 1,100 14% 15 24% 24% 14 Feb 55 Jan 106% Westates '• • 5 16 Jan 349 14% Mar 16 Jan 361 24 25% Feb - 26% Jan 323/g Mar 41 Feb 56 Ve Mar 32% 1,854 53 53% 210 3% 3'A 300 6% 6'A 6% 2,047 5 14 14% 1,230 100 285 285 7 (Un) :: Coast V 1.00 1.10 3,838 6% 7 1,813 (new)__5 12% 13 260 ■>'>/< Life Insur (Un) Co 3% 7% 12% Mar 275% 90c Feb a21% a21% 50 12% Mar Jan Feb 1.25 Mar > 7% Mar , 213/8 V <!. 13 common 9'A 850 17% 200 16% Feb 18 * a33% a34 65 30 % Jan 30'A 8% 8 Mar 21% Mar Feb 8% 17% 1 Western Union Westinghouse £ Woolworth Telegraph (Un) Corp (Un) Elec (F«W) Yellow Cab Co (Un) common 34 10 a 50% 1 4 > 34 343/4 a50 a50% .4 "4 * * ->>■ a23% a23'A • 12% Jan Feb S% , , Jan Jan • t i. j 30 20 Mar • 20 Mar 1,146 > 31% Jan 34% Mar 216 483/8 Jan 50% 1,710 4 Mar f, > Jan 16 Jan 5% ■ Jan 300 Jan 50c (Un) Stores Pacific :RR > Feb 6% Mar •. 1 Western Air Lines Inc Dept 1.00 1 (Un)—1 common ... 2.70 ; Feb Mar Feb Petroleum > Western Mar Feb 30% (Un) Fargo Bank & U T West Indies Sugar >' Jan 20% 30% 1 West Feb 29 % 29% Jan Jan 233/s Feb 5 Equipment Co Warner Bros Pictures Preferred i Jan 20% 53% Victor S3 Mar 35 f 23 3 • Oil Consolidated 75 10 Corp common Universal al7% al8% al7% al7% -v .1 19% 37% * 16% Transcontinental & Western Air 54% 39. ; 13% 34 8c * page 39% Mar 29% a J see Feb 230 38% 33 % 5 ; footnotes 38 t 29% Mar r, , For 32 % Mar 27 % Mar 200 (Un)—1• com 19% Mar 14% * Jan Jan ■" 98 lp5% „; 30% 233/4 29% IB Jan (Un)__10 common 276 292 29% 5 Jan • Portland Cement Jan (Un)—• A 86, 54 $4.50 preferred - Feb Feb 25"% Jan 56 pfd series A H Jan 32 29% 54 38% .• preferred Southern West common a 31% 9% 74 Mar fi 7% Mar 226 28% 28% 25 24% I,—25 23 Ve Mar Jan 23% Mar 100 32% 18 -15 Preferred 4.56% 13% Mar 11% 300 36% a27% a28 % 19% Mar * Jan 7% Mar 319 preferred Scudebaker 11% 30 32 66 <12% " 20% preferred 4.48% Sunset Jan 315 28% all% all% __25 * Lighting Corp ^Edison Southern Calif Wells common 20 -8 T Jan 2;45 4% 100 66 41% : ,'K 7% 10% 30 Q 20,899 .7% 1 66 : Mar 31' 27% Mar 41% Utah-Idaho Sugar Co (Un)—_— 5 5 ; red preferred 1st preferred 40c 4 ^.5 5% 17% 2.45 30 12/32 Public 2.30 12% a34 a34% _I_—20 Fisheries 1st preferred Pacific 171 12% 5% Pacific 2.60 V; 20 class (Un)„ Electric 1st 2,463 21 35c * 1st preferred 5%% 1st preferred red 53% 12% a—' a20% ' United (Un) 6% Pacific 12% „ i 19% 77/s 66 5 't Union Rights 5% 50 21 K Feb Mar 22 : ' Mar ' 92 loo Co Coast 913 12% ~~~| Li.——I...8 Filters Pacific Pac Gas 2,810 23% 12% B Pacific 13% 22% 20% (Un) Onomea Sugar Co X*. 22% ,—10 (Un) common Sugar 9 1,182 100 com Cons Co Edison >y l Oahu Sugar Co Ltd (Un)— Occidental Petroleum Corp Ohio 11 ioo American Northern Pacific Oil a8% _lo (Un) preferred .North Oceanic 10% 13 * , North American Investment 6% a8% 10% 15% . / 18% • ' Mar 18 -1 (Un) Jan 9% 18 -• 265 10 (Un) Jan 5 (Un) Jan 66 — 29% Southern Pacific Co., (Un) Natomas Co 165 29% a31% Co Southern 58% North American Co Corp Pulp } 28 Aviation Oil Soundvlew V- 54% Mar Mohawk Sinclair Mar Jan 50% Feb ;:',5 Mar 21% Mar • a34% a35% • ! 11% Mar t Jan Feb 1. 18% —10 Co.__—^ Oil 33 24 Amercan Shell 26c 340 420 143/4 —• 9 5,353 58 560 a25% a26'/2 Roebuck'& Co. Mar 488 , 45% Mar 385 18 8% 29% Mar 28 l 310 66 18 Ve Mar 1 >YU> P10 5 54% Service Corp 45% 17% : Feb Feb a__ 54% Fibres 45»/a a31% Co class Co 33 ;>> 420 • Jan ' Jan 19% , —• 20c 140 : Feb 17 740 a34 % Mining ic 27% North Jan a__ a /' 830;- 10% a257/e Stores' Inc__ Mauricio t 1,465 17% 25 Signal Oil & G4s Co class A 11 a39% a39% 17 -10% common (/. 18% ...10 Niagara Bros, Sears Mar National Distillers Products , Cement Convertible Montgomery Ward & Co.(Un) Morrison-Knudsen Co Nash-Kelvinator Corp Jan 1,505 13% 13% 18 Feb Feb 21 Feb 18% —* S & W Fine Foods Inc i 13% • (Un) Monolith Portland Cement pfd -Montana Power Co —! z.. Y Central RR 1 (Un) Manufacturing Safeway Jan 193 15% 278 , Jan 10% Feb Mar 15% Mar 110 2,175 19% 17 17% —t* (Un) OilQorp Roos >. 32% 14 Menasco Mfg Co common Middle South Utilities ——— N Feo Jan 26% 17% 10% • Riverside Feb 14 (Un»_ Inc Mindanao Mother Lode Mines Minnesota Power & Light—,." Linen CorD Rheem 1.35 26% >16% 4% 9% 'Jan 65 Reynolds Tobacco class B (Un) 31% 5 244 Feb 146 Feb 9% • (Un) Preferred 10 18% 144 33/4 .• Republic Steel Corp Feb 54% Jan •/' 190 23 of .America 9% ,148 a3% Jan 50 a31 iflc Mar 1% Mar 17% .80 33 %• (Ifn) Socony-Vacuum) Oil a29% ,__l Robbins Auto Inc Radio 49 % Mar 31% Mar 635 16% al.30 al.30 * l Marchant Calculating Martin Co (Glenn) > 850 a24% a26% _ : B 32 109 % Mar ,18% Radio Keith Orpheum com (Un) 1 Railway Equip.& Realty preferred i_ 100 Rayonier Incorp common 1 13% Mar '/a 4 a3% ;• ;'i (Un) Pure Oil Co Mar 36c Jan 444 45% Jan 101 48,182 / Jan Feb 16% 32 -5 High Low 629 1 145 ,1 145 145 _1 Phelps Dodge Gorp (Un) Jan Feb Jan 46% 1,865 (Un) 3/b (Un)—1 FhUlips Petroleum Co Puget Sound Pdlp & Timber (Un) 11% Mar 25 % Mar 2,706 a47% a48% Range Since January 1 Range Since January 1 High 106 106% ——• Companies common Pepsi Cola Co Jan a37 % a37% Shares Low v 106% —100 Pictures Corp (Un) Pennsylvania RR Co (Un)— Mar 100 5 1.90 11 (Un) r Feb 9% 2 1 (Un) Airways com World Paramount Mar 13% 25% . Macy & Co (R H) Magnavox Co National Paraliine ; 54'/a Mar 645 5 100 common. Motor ,Co American San Lyons-Magnus class National Pacaard Pan 2.00 Mar Jan 350 1.75 Tel Preferred ' i Feb 4 3% for Week Feb *.•" 10 Company Land Co & 16% Mar 21 434 53% a & Richfield Lockheed Aircraft Corp Inc (Un) Matson Feb Jan • — Loew's McKesson 43 % 11% 5 Vt 20 com Kansas Power & Light Kennecott Copper Corp "Tit Feb 10% Mar 18 .. LeTourneau 42% 50 33y3o Co Johns-Manville Corp KaJser-Frazer Corp Salt 69% 49% Mar Jan 24'% 1 (Un) International Tel & Tel .LeMie Jan Jan 1% 17% 15 (Un) .. Canada County Tel Pullman Independent Exploration Kern 67 44% 655 2.00 t lft 260 10% 1.75 Pacific Mar 500 2 53% 12% ;/.'•„ Par « Jan ' , Maryland Mines Corp Mining 12% 1 Hutchinson Sugar Plantation IXL 2,063 • Car Co of 13% 24% • 1 Power 24 10% —6% Idaho Feb a40% a40% 1 Inc Intl Nickel 21% a50% a51% 3 Hupp Corp (Un) Idaho High 200 2 pfd (Un)__• Corp Motor a507/a Shares Range Last ' Low 24 i Hawaiian Pineapple Co Ltd Hobbs Battery Co class A (Un) Holly Development Co common Holly Oil Co (Un) High 67 • of Prices of Prices Sale Price Sale Price 12% 12% —>100 . 31 STOCKS 24 • Goodyear Tire & Rubber (Un) Graham-Paige Motors (Un)— Gt Low 25 common MARCH Sales Par Gladding Golden ENDED for Week Week's WEEK Sales Last Friday STOCKS t '' t FOR 5 Feb Jan Volume 171 Number 4895 THE COMMERCIAL & CANADIAN RANGE Montreal Stock FINANCIAL LISTED FOR WEEK ENDED CHRONICLE 31 Friday \ Last ' .. Algoma Steel class" aI Aluminium Ltd , Argus common Range Tel & Tel ~ -ton IffMr * p"*f «■» * Brazilian Traction Light 14%' Columbia Elec 4%% V46% nfH Bruck Gold Canada Cement $1.30 27 ' 1 26% 15% 15% 5% common Breweries Canadian Bronze Canadian 100 $1-00 series 3.50 2% 860 27% 1,308 27/s 650 6% Feb 360 30'/a Jan 7% 7 7% 33% 32% 33% 9% m 34%: 29% 29 % -29 Jan \ 29% Jan ; .25 19 Jan 22 22% Civ 24 23% 24 20 20 * ♦ • 33J/a 9. & 33% 39% 40 34 8% 34 y8 41% Mar 23'A 24y2 9 -10 • 10 * Jan 9% "• £* 65 17 32 Feb\i 5 -8% Jan 22% Mar V 17% 17% 345 5,261 16 250 93% 25 25% 1,910 }45 37 37 55 31 ya 21, 21- 25 21 25% . ——* • Dominion • 43. 42% 43% 764 40'/a preferred.—25 21% ? 21 Vi 21% 580 20 Glass ? ' 21% ; —♦ •' \ common preferred Dominion Steel 6c Coal Dominion Stores Ltd 22 22"% 6,945 29% 20% 320 46 46 55 35% 35% 25 20 2,215 33% 20% 33Vz —27% 27% 22'A 11 29 Va • —V —20 — class B 25 —. • — 33 %f class & 63'A 230 12 16% 75 16 Jan 6 Jan 7% Mar Feb 11% Mar 17 Jan 17'A Jan Jan 72% Mar Mar 13 Jan 17% Jan 7% 7% 200 11% 11,160 15 15 Ya 235 12% Jan 15% Mar 34 34 34'/a 370 27 Jan 35 16'A -1 16 16'A 4,781 14 Jan 14 15 75 14 Mar 21 Jan 97% 97 98 761 84% Jan 98 Mar 56% 55% 56% 701 50'A Jan 56 % Mar 25% 2,084 48 47 48 415 47 52% 52 52% 445 51% Mar a24 a24 5 25 100 8.80 Mar 16 Va Mar 23% Feb 25% Feb 22, Jan 48% Jan 52 Va Mar • Jan 24 Mar , 141 141 15 141 Mar 152 Jan 21% 21% 22 995 20 Jan 22 Feb 20'/a 20% 21 230 19% Jan 21'A Feb 13% 14% 125 Sons 5% Steel Walker A 20 preferred—100 preferred 100 100 100 % 240 525 22% 100 19 97/a 3,160 >■: —100 new 9 100 a90 20 20% 2,032 20% '50 20 100 Jan Jan 21% Mar Jan • Jan 100'/a > 10 > •v ; Mar 23 8% Jan '10. a90 20% * common 14% Mar 98% Mar 20'A Jan 22% 97/a 25 99 21 % 22% • 100 21% * —— 9% Mar 98% • 5 * 14% 14% • Corp Feb 90 Feb 90 Feb 20 5 Mar A. 21% Feb 7y8 20'/a Mar >14 2i y» Mar 15 Feb 5 Mar 180 6% 67/8 , 658 6% Mar 5% Mar 7% Jan -r Jan ... A ———1* a35 a35 1.25 1.65 • Gooderham 26 5 • 1.65 Weston Wilsils Mar (Geo) 14% 14% 15 • 6c Worts 43% a_-, 1 282 •• ' a— 1.25 Mar — 1.65 Mar ' Feb 15 Va Feb 36 Va Jan 46 Mgr 14 275 • 43 44 2,657 25% common Ltd J. 25% 275 24 .Feb 25% Mar 117 Mar : Winnipeg Electric Zellers v Mar 18 5% 6% Limited 17% 17% 200 38'A 36% 38% 3,692 65 63% 65 495 26% common 26% 30 25% 'Jan 26% Mar a29 a29 25 27% Feb 29 V2 20 1,420 common preferred preferred .25 .25 a29 33'/a Jan 19 Jan 38% Mar 52 Jan 67 , Feb Jan Feb 16% 103 < Banks— Canadienne Jan Jan Jan Feb — ——— - Montreal 20 25% 20 Jan 20% Mar 25% 26 490 24% Jan 26 Jan 26% 26% 125 26% Mar 27 Va Feb 27% > 28 1,270 27 Jan 28 Jan 39 Jan 41 Vb 27 y. Jan 28 Feb Jan 20 , Nova Scotia Jan -10 40 'A 40 40 % 225 Royal 37% Mar »V. 23 Va -10 -10 ..10 -10 Commerce Dominion 25% Mar v-i -10 27 % 27% 27% 1,505 23% Mar Jan .1 44 »A ;. j : ; Jan 21% Mar Montreal Curb Market 1 Feb. 29% Mar 44% Mar 48 Jan 36% Feb 22 ys Jan Jan 35'% Jan Jan) 29 Feb . Canadian Funds Jan 19 y« Jan 33 145 26% 22% 85 21% Feb, Feb Acme 11% 5,760 11 Feb , 12 Jan Anglo-Nfld 173 25 173 Jan : 174 Feb Atlas a96 a96 5 93% Jan ' 96 Mar Auto 16 18% 25 15 Jan Mar Bathurst 25 15 Jan 25 15 '/a 4,215 12% • preferred 173, • 1,718 72% * Ltd 35 20 ;:y 10% ,18 Jan 27 , 17% 12 107/s Rights Jan ; Mar .. Dominion Foundries 6c Steel 7% 37 —! 16% 70% 50 Wabasso Cotton Jan 29 91% Mar { 22% Jan } . Feb 47% Mar • Viau VEiscuit !• 10% Mar , 15% Feb 16% Mar 15 ya Jan 92% 93%.; ' : 200 17 15 Va Jan • 1 preferred United >,36% Jan . 8%, Jan ' 345 15% Jan 42 Va : Jan 9 24 16% > 16% 14 Vb 550 50 com Thrift Stores Ltd Tooke Brothers Mar 24 Va . 9% * 100 47 1 c Co of Canada New Jan : Mar 40 37% Jari CO— Dominion ! 12% Mar 34 ?■ 22% Jai> 7% Feb Davis Leather Co class A." Distillers Seagrams Bridge Dominion Coal 6% Jan 15 * 9 . • Jan 24 m . Feb 14 4,515 \ r 15% 99 — Jan 20% Jai^ 28% Jan 700 15% 46% 1 - 50 ; Jan ♦ common common t v (H) • < 195 t'. Mills preferred Steel 21 Vb Mar U 348 47 y2 * Southam Press Co Southern Canada Power Standard Chemical common Jan Jari, ■ 461 Feb 1 B Breweries 5% 20 r 45 17 common Flour Simpsons 4y2% 1 21% Map 23 FelS 3,317 J 23% "7% —!_* _ Seal 14% 23% A .-tv-T;+ • Consolidated Mining & Smelting Consumers Glass Cork 12'A 14 50 . 23y2 Mar 34Jari 260 ' 12% 33 > 1_-_.^333~""T"~*""*25 Class A pfd "20 Railway 12 14V.» . Converters Canadian Pacific Cockshutt Plow ■•i.-.'i, ;• V, Canadian Locomotive Canadian Oil Companies.. Crown • 9.75 Mar 10% Mar 3,512:. • 260 .11 Paper 1st preferred preferred Sheraton y ' 22% 46 Jan ;7% _—. Lawrence Simon Jan . Mar Mar Mar 38% 25 Ltd— 8 34 v * 2,133 I.;;.;. 825 Lawrence Common ! 41 27 High 49 Corp 7% Feb 3.15 Mar Feb 11% Jan 12% preferred Sicks 3.50 Mar 29 ! Jan 21% 26 Va 71% preferred 4y2% prefererd Sherwin Williams of Canada ; 8.50 « Lawrence Series 34 :A 22 45 17% Series A 4% 835 1.610 : 26% 15% .—1 — Shawinigan Water & Power Jan Jan 275 29% Jan 26% 47 — Corp of Canada 2nd 35 • 40 « St 9% f 22 • RadianBInd Alcohql class Class ?: 3 11% 73333333" Canadian Foreign Investment • St 100% Mar , Jan 11,195 45 Low 15% Mar Jan 3.05 Jan Co 1st preferred Jan 27% Jan 28% 3 River 2nd Mar 27y2 ' Jan 3.40 19% foundry common ... 100 St Jan 22% Mar Jan Mar 28% on Canadian 25 21 Class A .v -'26 Mar 41 f 25% 'Jan i.. 695 40% common Canners 14 y2 3,928 • _ Canadian Celanese common $1.75 preferred ■:» 125 i ' "20 J Canadian Canadian Car & Jan "so Steamship preferred Feb 19 3.45 Canada Northern Canada 39% 22 38% 26'/a Paper commmmon Royalite Oil Ltd 138% Mar 27 19% Mar 175 • Rolland Jan 78 3,530 44 45% Light Heat & Power Bros & Co Ltd common— Provincial Transport —1. Power Mar 26 ya : Jan 28% B'o'iFoundries commo~n!"!io Power Corp * cl Jan. Mar 20% 44 Products—— Quebec 8% Mar " 3.05 Steel Powell Mar ; 27 24% Jan 7,015 * 100 75 135 ! 46% Jan 5,482 26% 59 Jan 7 25 26% 26 15 Feb 45% Mar 825 - 15% 26% : 27% Mar r-.i Feb 26 55 22% " ' 130 27 Jan 13% Jan 2,290 ?' 10 " r 40% 26% Range Since January 1 High 19% 20% Price 52% 100 22 A > .• Jan V 1,361 inn « 1,765 1.175 : 26 g common Shares Low • common Development Power a74 39% m preferred Jan 25 22% ~ Dredging Z Feb 25 8% 40 'A Building Products Eulolo 23% 137 138 % Class i 22% Jan 24 a74 ? Placer 21 ye 8 26 ) ! 46% 8 • High / 3,500 ■>. 14% 26% "r ' Mills Page-Hersey Tubes 235 12,506 • ;v 59 26% ?!Um5ia Forest Products!! * b° Power Corp cl A__* Mills~Ltd~cTass""B33 * British 14%' v ' 58% bIimbS Jmer,ican Ba"k Note Co^ZZZ* rr'etrf"er'Caa 011 rBritish 24% * Power" & 23% > - •V, Low 27% 23 • Flour Ottawa Range Since January 1 • -1U" 371311' preferred 26 >; 24% Ogilvie •>, Ontario High 24% 23 V* • " Shares f for Week •" Low ; • 25 «**pfc-IS 4y2% preferred Asbestos Corp Assoc pfd ; Sales of Prices 26% : A V > ■■ Aluminum Co of Canada 4% a™2° S"adr'L" Tel c° Corp Ltd 1 • • __ for Week , Week's Sale Frice Acadia-Atlantic Sugar Sales Range of Prices Par Friday Abitibi Power & Paper common,. $1.50 preferred ?7"«n Week's Last Sale Price STOCKS ' stocks 35 MARKETS MARCH Exchange Canadian Funds (1387) , Friday STOCKS Sales Week's Last Range tor Week Sale Price of Prices Shares , Range Since January1 ' Dominion Tar & Chemical Redeemable preferred Dominion Textile common 7% • common ——23% • preferred pfd Donohue Ltd __100 1. : Kootenay Power Eddy Papcj* Co class A Electrolux Corp Estabrooks (T H) I Co Gatineau : v 16 23% .15% .Hamilton Jan 15% 105 15'A 455 13% Jan 19% 115 19% Jan 15' 15 15% 270 • • • > 32. 31% 32 Glove 25 26 1,715 99% 99% 18% 19 Paper Ltd Bros 108% • 19% | 'I8V2 -* 12 13) 40 39'/2 —; 49'/4 43 ^__1__50 • ; Brand Jan British Jan 26% Imperial Oil Ltd • Imperial Tobacco of Canada common.fl 4% preferred -'-25 ;: 6% preferred —I__£l Indust Acceptance Corp common——* — • 106 45 Jan British Columbia $5.00 :: $1.25 preferred Jan preferred--— -. International Nickel of Paper preferred $4.00 ) International i Utilities Jamaica Lf.batt Lake Lewis V Public the Bros Lindsay (C Ltd Ltd MacMillan Export Jan ; Jari j 7'A 140 1,242 101- —; 270 34% 35 16% 3oy« 32 Ya 3.920 2,758 29% 41 ; ~116, • : —} .!'7 < 49 -a — 25 50 16 200 1.631 ■ al2 , 19%) al2 24, 3 Mar Jan 107 19 Mar. 25 335 24 Pulp ■ ! McColl-Frontenac > Mitchell 10% 10% all 10 10 y8 17 24% ; 17 24% 16 • y * :>%■ 17 * Molson Breweries Class Montreal 1 Oil 175 . 10 •: 24 '/a j 12 875 75 : 3,746 • Ltd class B 14% 4,740 25 25 195 27 815 * -- * Locomotive Nationals Breweries 1% 14 ./■— A—_—• Montreal Telegraph Montreal Tramways - 14% * (Robert) preferred National Steel Noranda Mines Car ■ f6 25 % — —213'8 40 10Va A— 26 2^!!? 50/8 -- 100 common Corp Ltd- 60 —• 25 • • 70c 25c Jan 70c 50 11 Jan 17 6 Jan 6 '/a Mar 500 85 Mar 20 137 com.* 98 98 100 137 '/ 137 4 3.80 3.80 3.90 98 98 99% 1 13 13 131/4 • 22 Vb 22 y8 22% • 50 • Vinegars . " ;4 32'A: ' —• ,22% 68% * ^ 34,2 .A°f 10 950 21% 49 ,; Industries Inter "i 1 145 50 20 600 * 5 5 50 18%' 18% 80 Canadian Vlckers . 22% 21% Feb 24 Jan 1 176 Feb 180 Mar 69 Feb Ltd 7% , 4.25 2.50 2.50 24 107 3.95 Feb Canadian • 60 60 Co Ltd Jan 6 Mar 17% Cassidy's Mar ' Jan Limited common 23 Jan 24. Va Mar 88 57 75 12 Jan 107 Mar > 3.95 Mar J3% Jan 26 Jan Feb 2.50 Mar Feb 1.503 10,010 * Class A B Preferred 8% Mar 12 Sec Jan 61 Mar • 10% Mar Textile 17 David & Class i ; Jan f; 25% Jan t A Corp Mfg Ltd Mills Frere Limitee 40c 1,600 40c 33 33 33 2.90 Jan 13% Mar 4.50, 4.50 65c al5 al5 % al5% 80c Mar 40 Jan 3 Mar 4% Jan 4.15 Mar 45c 65c' Mar 15 Feb Feb 15% Jan 24 Va 39 Jan Jan Mar 28 28 28 28 25 20% 12% 20 y# 21'/a 35,034 12% 12% 455 11 Jan 13% a33 a33 5 30 Jan 34 15 15% 275 12'/a Jan 17% Jan 61 41% common—* " Dominion Woollens Donnacona Paper Fairchlld Aircraft Feb 50 Engineering Works Ltd • Dominion Oilcloth 6c Linoleum Co Ltd.* Dominion Square Corp * Eastern Steel 29 class A 15% : 2iy8 Mar 17% Jan & Worsteds Co Ltd Products * 58% 56% 61 450 50 40% 40% 40% 925 39 Jan 65 64 65 150 61 Mar 10 10 10 50 18% Feb * Fanny Farmer Candy Shops Inc-^ 1 29 Feb : Federal * 22 Jan 1' Fleet Manufacturing Ltd 50% Jarf 51 Mar \ Ford Motor A—• 28% V Foreign Power Sec Corp Ltd com • Great Lakes Paper Co Ltd com——• Mar Jan 43 Feb 71 23 Va Mar Feb ' Halifax Co class Co A of Canada 1,390 5'A Jan 500 1.40 Jan Insurance Co—— 33% 33% 50 9% 10 y8 275 9% 1.20 * class 1.25 725 28'A 28% 2,137 20c 200 17 17% 2,300 12 y8 12 y« 10 34 36% 4,385 8% 8% 100 20c 10 * j Hayes Horner Steel Ltd Products Ltd- (Frank W) class A-——-_* Jan 575 6 1.80 17% 63 37 Grain 16 V» 18% 5% 5% 5 34 33 % Mar Feb Feb Mar • Feb Mar 65 10% 9% Jan 1.80 • Ltd Ltd Feb; Jan Mar * B J Mai* «■ Mar * Co , Jan 2 2Va Jan 234 A—* Mar 14% Jan 30c 50 65c , 9 Jan 33 300 4.50 3 50 2.90, Dominion ? 25% Mai5"', 100 2.90 —* Lithograph Paper Consolidated Jan 2.00 8l/2 10% Jan Jan 11% class Preferred Jan 20 630 5 Div Stand Consolidated Mar 20 a9 13% • common preferred Consolidated Jan 13% * 100 — Commercial Alcohols Ltd 43% Mar A 13% a9 13% - * Jan Jan 1.50 2.00 —* Claude Neon Gen Adv Ltd class 32% Jan 13% 1 Co Ltd— Knitting Chatco Steel Products Ltd common 25% Mar 66 Ya , 8 V/a 2% 400 225 V 70% Mar 5% Jan Jan 901 10,897 v..' 24 100 Westinghouse 1,355 , 7% 4.00 7% 4.15 2.50 3.80 16% 1,835 18% Feb Jan 20 24 3.90 Jan A 1,449 : 5.50 Jan 4.60 Mar 17% " Mar 47 • 180 103% . Jan 13% Mar Jan a71 23 • 28% Japr ; 4 * A 51% Jan Jan 12% 40 Jan 180 23% 2 Fefc^-i 37% Feb Vv 14 Va Mar a71 • Canadian Western Lumber Co— 21 32 Feb Co Ltd * Trust Ltd com—* common Rand Inv 13% 1.663 / j Feb 4% 104% Feb * Mar . 100 Ingersol Consolidated 21% JarVrjf 2,923 Mar 143 „• Jan • preferred Canadian Jan a—: 69% 41^41 50 Jan 22% Feb/? 40% Mai5, 19% Jar) 22%. 22 68% 275 : 98 92% Jan 46 25y2 Mar« 30 405 46 65 ' Mar ■; 2.00 Jan 3'A Jan ' 7,009 ; al2% al2% 46 20% 621 0/s 32 Ltd 2,690 Y* Jan 1.85 2,065 33,800 98 -1 Canadian Marconi Company 1 Canadian Pwr 6c Paper Inv Ltd com__• Canadian Silk Products class A —* ;10% Jan 49% Feb . 't " •, 11% Feb 252 Mar, 116 / 9% Jan, ' r— Paper & Company common Celtic Mat ! all 0 7% 26 f 11% JanAi 19% — V 11 35 ■" 19 Jan ', 11 ——100 7% Feb 35 • 24 '> 7% a— 34% Mar 112% Jari i 8% Jah ' 46 Jan^ 19% Fem 3,835 49 <• ■ 4 12% Mar - 35c >' 87 101 29% Ma# 37y2 Jari ) ' 10 : v t r— 55c A—• - Fe|J Maf-I "• J A < 4% Fem,. 605 • * , • — 70 "22 21% 21'/8. :•.{ . 116 9% 9%-. :9% * Mailman Corp Ltd common Massey-Harris 955 , 41' 43% A— class Packers Ltd cl 2.00 Canada 6c Dominion Sugar Canada Malting Co Ltd 23% Jan ;v14% Jain 26% Jan ' 85% Jan j 99 Y2 Jafj ) 29% Jan [ .110 101 34% 34% 35 5 . Jan 12% Mar a— 1.90 Canadian IVa 7'A 34%/ 34% $ 6»/a 35 106 -- 2.00 50 -48' 29% common-—_♦ class al67 Jan * Feb 41% Mar A- . M 12% al65 Mar ,, • —: 48% 250 16% '—--' 6% 12% a 260 7 7 167 * Canadian Gen Investments Ltd 4 26'A 29% W)' common—'—— 4.00 • 41 Va Mar Jan - 5% common B Jan 35 5'A —— Woods 4.00 Jan 34% 25% • Service (John) of 3.75 Mar Mar 2,020 a85'/2 a85 % —-—8 •' 370 14 49y» 25 Corp '. * 4.00 * Jan 43% —* Power International • .').i 3.75 1 9% Mar • 1,546 41V* 25 Ltd Jan Canadian Fairbanks-Morse Co Ltd Canadian Food Products Ltd— 13% Mar 1-—* Petroleum Co 7'/a Canada 21% Mar — Canada——* International 3,205 Jan 12 25 —7% 9 % Jan 262 100 common 8% 7 Jan 19% Mar y 1,820 -32 International 16 105% Feb 5,740 26 'I——25 Intercolonial Coal common '• International Bronze common 6% preferred 13 Feb :.19% Jan 17% 13%. 13% -34y2; 1-—_^r__._—_lOO $1.60 preferred— class Preferred 108% Mar 22% "22% 26 i ——100 ___— E>_, Preferred' Brown Jan 99% Mar 19 13%; ' preferred Jan 14% 1 104 440 u - Jan 17% 10 ; 22%^ / , $4.25 1,560 3,000 common——103 Ltd Columbia Canadian ;"i. 12 Va 15% 6% Mlllen 6c 11% 15'A Class B i 32 y« Mar Jan Jan 17% 535 18% 18% 12%. 13y« 43%, . 104 18%f > 245 19% 194 • • 10. 108% 108% _100 Smelting Feb Jan 16 Jan 24% Oo Ltd High 11% 15'A Butterfly Hosiery Co Ltd— .•••• 19 common 29 98 class & Low High 5 Ltd • Products Pr Low v! • Co Bickle-Seagraves Ltd Mar 15% 16% Ltd Ltd Fabrics Beatty Feb. Works Develop Steels 20 lA - 14% Mar „ 231 25» 99%- . • . $2.00 preferred !5'A Jan 15% 15 —\ 100 6c 2.00 19% common Bay Mining 45 —1 — Hudson 4.50 19% { 5% preferred —j Gypsum Lime 6c Alabastine t'i 4.50 1 • Bridge £, Howard Smith Paper i preferred--25 common 5% preferred General Steel Wares ■ 4.50* 4%% preferred—lOO Power 16 18% —;y preferred._w20 4.16% common Fraser Cos Ltd —I * Famous Players Canadian Corp Foundation Co of Canada Fraser ' —V *. „* *> V i 22% Par Belding-Corticelli East 5 173 I———* Bros Dryden Faper ; 11 100 Donnacona Paper 4%% j — Jan 18% Mar 6 . Jan 1.8Q Feb 36 Va Jan Jan 10% Jan 1.15 Mar 1.75 Jan 9V8 24Va Jan 15c Mar 29% Feb 20c Mar 11% Feb 17% Mar 12% Mar Jan 36% Mar Jan 8% Feb 14'A 28 7% Jan .. / 36 (1383) THE & COMMERCIAL FOR RANGE Friday STOCKS Week's Range Shares Low International Metal Indus class A * International Paints (Can) Ltd cl A—* preferred Invest Foundation Ltd 27 150 v 9 a convertible common preferred 12 9% a22 5% 5 12 50 50% Lambert - (Alfred) Inc Lowney Co Ltd (Walter M) 1 50 950 16 275 12 Mar 9% Sales Range for Week sf Prices Shares 16% Pmr Abitlbi Jan Jan Jan 15 Week's Last Feb 51 8% Jan /, Friday Sals Pries stocks — Jan 11{ 8% a— » Mar 152 15 15 Jan , ■ Power & Paper Low —• $1.50 preferred *—;—— Acadia-Atlantic class A— Power & Paper Co • 40% 40% ; 35% Jan 400 " 23% Maple Leaf Milling Co * 9 9 50 10 Jan Teleg Si Tel common 10 Massey-Harrls Co 6Y*% conv pfd—20 18 18 "55 18 Mar 18% Feb 27% 27% 50 27 Mar 28% Jan 6% 6% 500 a98 a99% 30 Ltd Maritime Maxwell Ltd • McColl-Frontenao Oil 4% Melchers 6% pfd Distlllerfeg Ltd 100 preferred 10 Mica of Canada Ltd Minnesota Montreal Royal Rice Mills Ltd Ltd Orange Crush. Ltd Paul Service Stores 19 a 20c a20c a77 a77 • ♦ 10% Feb 85c Jan 17% 1,540 a— 5 75 Feb Jan 12 7% 7% 7% 275 _♦ Ltd 15 15 15 175 109% 110% 66 108% Mar .'54 70 i 53%, Jan cum 47 ; 47 21% 21 22% 625 19 19 19% 615 "is 12 12 100 12 * 25 ;; Feb Area Feb 48% Mar - Feb 100 115 115 15 50c 51c 21,285 15% 16 1,100 51c * 15% 25C 25c 30c 18% 18% 18% 27 27 19% Argus 24 27 Ltd • Western Canada Breweries Western Grain Co Ltd 14% _» 56 Arno Mines 70c Ascot Metals Aubelle Mines Ltd 35c Feb Atbona Bouscadillac 28 Jan 2c 2c 2c 43c 1,500 55c 53C 56c 30,100 56 10cll%C , 2c >3,500 10c 63c 74,800 13c Jan 1.45 1.45 1.45 700 1.20 22c 22c 2%c 3c ' 1 3c ■« Jan Jan • 2,500 ^4c ]<■■■ 8c: 4c 6C 1 1 8c ■. Mines Lid—* 12c Candego Mines Ltd l Carticr-Malartic Gold Mines Ltd—?.—* Chesterville Ltd 600 ; 10,000 / ; Consolidated Mar 31c ; Jan 3c —— ^ — 4c Feb 4V2C ' - ' i: if #j| iI 59c 5%c Feb 3c Feb 5c Ma^ , 20c; 100 32c '; 7c 3%c 6C Golden Manitou Mines Ltd———_1 Goldora Mines Ltd —_i Holllnger Cons Gold Mines Ltd _5 2.55 2.55 6%c 5c 7c 2.55 — Hudson-Rand Gold Mines Ltd Ltd—: Lake 25c 3,000 Louvre »" 11 '« 1 4%C 24 %c 1 _ i; 2,167 13 12% 4 VaC : . Pandora 48c 24 %c 28%c 47c 49c 3.50 3.85 1 3:10 j. *' 1 3.25 ,5 62 • Ltd Ltd — —_ 12 class 1 80c 80c of Nova of • 1 , , Mines Mar 5c Bonville " Bordulac 40% Feb t 11 Mar Jan - Jan ' ;j Feb Feb 9%c Feb - Jan Jan 9% Mar 14%cMar 1.76 Mar 10c Jan 4%c Jan 13c Mar 12c Jan 66c Mar 3.10 Feb 100 7V*Mar v;400 3%-Jan " 18c 149,652 14,500 3.45 Jan .7% . -, Jan 3.85 Mar / 27ViC Mar Feb- r" 6c Jan 10%c Mar : '27%. Feb ; 1,155 ■./■ 1,370 38% Jan 710 38% Jan . " .25 28 Vi Jan 41,, Mar - -- '> Jan 40 Mlllen Si 5.25 j Jan Jan .4 VaC A 12%c Feb 3,500 45c Jan 2,700 3.05 Feb 1 1.25 4c 1.19 2.95 Jan 21 _l %c 8 Vac 8 3.00 Jan -, Red Lake British Columbia Forest British Columbia 1,700 171 61% Mar " 400 /" 12 1,000 400 30c >/. Mar/ Jan | I Dominion British _ Products class Class , 4,000 t , 2,000 Mar"/ 2.80 Red Burns & Class Jan 40,900 1.02 V 500 1 Jan Jan Caldwell Feb 2nd 2OV2C Feh 13,500' »' 6V4C 900" 1.92 Jan Ltd 1,000 77,950 2.32 8.000 7c Mar 1.19 4.700 1.10 Mar 9,000 6c 52c 56c 31,900 5,400 52c 3.85 13 13c 2.000 13c " 4c 2.99 1.000 Central Leduc A rr) Mar Ma r Feb Mar ,:; 3Vac Mar OOf) • 7.15 7.30 1,150 * Ltd d 1.25 1.25 400 Consolidated Homestead Oil Co Ltd Gaspe Oil Ventures Ltd 1, General 4.50 • common Class A •> Of? TPoH Omnltrans Exploration Ltd Pacific Petroleums Ltd 1st preferred-—. Campbell Red Lake Bread Canada Cement common Mar 36c Jan 10c Canada 1.36 Jan 14 %c Jan 71c Class Jan 3.85 Mar 13c Jan Feb-'/ "102". Jan 99% 9,090 3.55 2% Jan 6 Jan Class 5;%c Jan . Jan 60c 58c 18% 63c 20,800 50c Jan 19% 600 7% 7% 23 507 ■ ' 725 27% - Jan 2% • 4in 17,000 4.20 Mar lie 6.000 9%c Mar 6,860 1.01 lOJ/4 Feb' • 9c 14 %c 1.95 j«n Canadian 5% 1.20 Mar Feb 13% 16c 5%c 33 V2 500 1.65 Mar 2.21 - 6% Mar( - Jan ..,29 v Feb 3%c Mar 7%c Jan - 41c Feb ... - 415 8c 17% 18% .,!;7% 7% " - -: 11 %c 13c * Jan 63c Mar ' 19% Feb 8• Mar v 19%c Jan , Jan 2.25 , . Jan Jan 17c ...- Mar 6c Jan « 30% Jan 34 Feb 14Vi Jan 16 Feb 26 Feb 30% Jan 17 : • 410 . Feb 19V* Jan 4 f 13c 71/* Feb 225 1,000 7c - 8 / Jan 30% 30 Va 100 16% 16 % 33 7.10 7.55 7,105 5c 5c 5 V4C 13,000 5c 50c 22,900 42c Mar 7.50 30 I < Mar 31 16% Mar 2.50 2.70 2,900 2.50 2.50 300 34% 35 875 34 29 % 29% 515 29 Jan 12 12 100 11V4 8.35 6%c Jan " L ... 5'/4 ■ 5Vi 49 50 50 2.50 Mar 47 300 11 2% . Jan Jah 38% Jan 30 . Jan 12 V4 Mar 5V4 Mar!" .150 11% Feb Jan 3.25 2.35 Mar- Jan> ' 11 % -- Feb Jan 58c Jan/ ■ Feb 16% Mar •r 6.80 Mar 2.55 -Jan 14c Jan 42c 1" __ * s ,27c ' 4%c Mar ioo eo r Feb Mar 9c 1.92 ..; 13,720 30 50 class / 7 Jan 52 Jan 12 % Mar Jan 1st -f - A. 36 36 36 21% .21 21V2 385 T9 Jan 215 215 34 196 Jan 14 "Jan .100 • — — 21 Class class A. _— Mar New 3^. 'V 37 Jan 24% Jan 216 J/4 Mar - — - — ■ 21 2.320 40 41 - r-' of Commerce Breweries per (called on .10 41 716 33J/2 Jan 41 J/2 Mar 85 85 30 80 Jan 85 34% 60 30 V4 Jan 33 Feb 9 9 11% Jan 60 . 9 21 Mar Jan « 25% 26 25% 1,192 25 % 3,461 21 "4 Mar 19% i— — common Mar Mar 19 V* 1934 1,545 19y4 Mar 23.10 23.10 23.15 22 >/4 22 22 26 V» " Feb 23 V* Jan 20% Jan Feb iur April 1 \ share).. — 20 preferred common 12 Vs _. preferred 22% Jan 23.15 19% Jan 20% 100 common. 12 J/4 11 Jan 13 Jan Mar 14V4 14V> 4? 8 14 Jan 15 Jan 33V4 33 33% 1,530 29 Feb 34 Mar —— 39 39 80 37 Feb 40 Mar 23% 23% 60 23 Mar — Celanese 778 245 20';20 V8 4 A Preferred _ Jan V $23 Canadian Jan 34 it Bank pref 19 1,4 160 K 34 -50 Canners Canadian Car 6.05 Mar 50c 67/» 39,600 17 3.20 Mar 17V* Jan 3,600 107,400 30 — Convertible Jan 3.000 10.300 * ' Jan 13c :l, 2.01 5c ' 10c 32 V4 •1 _— Dakeries redemption 6.05 ~ . . ' Power B at 10c 1,500 / 3.55 Mar f 34%' Preferred Feb 5.35 50c 27% 21c 4 A— Canada Wire & Cable Mar Jan 4c 45 %c 4V2C Mar — , 27 Vu .Jan 15 — K L ", ' 55,900 — Mar 1.78 6.00 : , / 29% class Packers B 6c 4c ' " ':■/" 22% Mar " 25% Mar •25c — Canada Permanent Mortgage Canada SS Lines common 1.30 1 4c 45 %C Mar Mar 1.88 1.22 1.1 no 1.78 • 3.40 ' Jan 3,245 1.90 v Mar V 25% Jan 470 ' : Jan " 27.00 Feb Mar- 3c 8.935 26 • 22c —— common Foils Feb 5,000 1.75 1.20 1 6,000 ' 26% 23c • Preferred Canada ns Mnr 4V2C ) .4 Jan •" 70c 19%. Jan" 45c Flon Canada Canadian 1.65 .( 15% Mar Feb 330 i—-—* Jan Canadian 12 % • - '' — Jan Jan 12 South Brazeau Petroleums Ltd Superior Oils Ltd - . 10Jan 6% Mar 26.50 11,310 4%c 26% 25% . 2.35 Jan Jan • Ltd—, Feb Feb 25c .. Jan 6% • Flin 8.25 1.1$ 12 % " 15V*Mar- 3.20 Calmont Oils 1.42 Feb 1.15 • 25c 28^4 • 6.95 Mar 90c Ltd, " 8.95 Mar 3.00 —1 Linen 1.17 4*/2C 1.68 • 22 %' "4%C . CO preferred Canadian • - 62c LY.:.r- 19c Mar- 12c .6% ' 14c 89c 1 Feb 7%c 4c 183 3.40 — «14c -. Mar 1.10 —I .15c v, /; !•?/>;. 3%c Mar 10%c Mar 23 Va Callinan Feb on stocxs— Anglo-Canadian Oil Co Ltd Calgary & Edmonton Corp Ltd • Calgary & Edmonton 1.34 Mar 23% Jan 6VaC 13c ' * ♦ Bousquet 5c . . Jan 7c Calder Mar 4.00 \ Jan 19 200 t 3.45 1 54,775 100% 100 Va B Canada : 26% Jan 11c 15V4C Mar " Western Ashley Minerals Ltd 70c 15% 22 V 25% Burrard class A Mar Northern 1.10 1.725 50c 4%c • — Machinery Malting 7%c 2,000 • Co class A Canada 53 %c •« 15,333 16% Building Products Burlington Steel Mar Canada 1 Jan 12c 5%c Jan 1 2c 9.00 ' Lake: Mar l 18,734 2,000 • Jan { / Jan 6c Mar 13% Feb ' Jan 39c 15 V* 14c 3.00 Mar Ltd % 12c 'y., Jan 31c 12%- Jan 6,200 :18c 2.00 10c United Asbestos Corp Ltd Upper Canada Mines Ltd 3 VaC J 8.95 15 %C 62c IreDor ' / 160 ■ , 13c 62c 14c 22% "■ - Ankerlte Jan Torbrit Silver Mines Ltd " 148 —X Mar 10c Jaix 910 Buffalo Canadian 2.00 Mar 3.05 /" 5,000 53C 9 VaC 4c 6% . Buffalo Feb 18c Jan 4c 80 . » Jan 8.50 v 5,000 20.60 —• I Jan 85c 1.80 Mar f 9c :? - Jan . 41 , Feb . ,11c r B— Oil B Buffadlson Gold 3.35 Mar 7%c Mar 1,900 3.00 10c 14 Feb 28% Broulan Porcupine 66% • " 50c ,7%. Jan Feb 6% class Bruck Mille class Az 13% : Jan 2.50 107,500 *' 10c 2.75 13% 6.50 3.20 6c I " Feb 24c " 3c . l~5c 4%%. pfd__100 Packers 51c 10c 2.97 1 Jan -.26% Mar . Mar-- 39% 500 26.60 :—1 common. Elec 4,800 Ltd— Ltd Jan- )>.: - - 23: Feb 51c A 15 V* * 4 Mar 52C Feb ,31c ; 14,600 5c 60c 3%c i 83c ;,v * 1„• 12c 5,055 ■ „ ■, 12c Light Si Pmr com.* 31c Ltd 1.55 Mar .V 65c 3.10 Mar 1.34 21 • %c;; " * Columbia 3.85 Mar 300 j 3.45 15ViC 15 %c 4 62c - 3.45 6 V* 10 1,445 25 it ' ;; , British Columbia Power Mar 66.000 2.60 4c 3.45 15 %c " " " .1.;—^.2— '/ British 4%c Mar lie 30c 5c -1 Class B I 45%c Mar lie 6.60 13% Preferred Mar ; 18c , /"/ 40% 27c 55c' class British American Oil Jan^ 11c 14 / ... _ : • Jan 1.85 39% 30c class Feb Mar Jan 2.50 / Jan Jan. MaEy-Yj "'24% 85 - 12% 6.60 1 .1 —- Cordage Brazilian Traction Jan 1.80 7 : 12 - 9.00" Brewis 3c 8 VaC 20c 20% Mar. 4.00 Mar 6c 1.16 54c 21,600 # 26% 7 „1 ..... Jan 82cJan ;; 58,250 % • 7,500 " 7 40 Va ' 32c 17% Mar 24c '' /•■..-/ •'/. 2%c Mar '• ' 63c _1 57c ; Jan 1.23 2,050 1.48 22c ...—2_——___. Preferred Mar 15 %c Mar 1.38 • Bralorne Mines Brantford <1. 7c , page 8,500 40 60 %c —X 2,350 see 15c 15% 7% 1,060,900 28 39%" common. '4,500 footnotes 40 40 ■ — 35c For V Boymar ?. 3.20 Jan' * Corp Gold Brand 6c - :• Feb L Mines 86c Oils 40% „_1 85C Okalta Feb 62c > ~ Jan 7%c Feb : 80,100 8V2C 26Va Kirkland Gold... Feb 65c 13c Ltd—1 Mines Ltd Co 7Vac 27%' A_— — 31c Oil Jan V /. 23 Vac 27 %c 8c 12 1 Home Mar 31c \ Mar 13% 13,600 , 3.85 24c —_ 8c Ltd 25c Bros 2,20 Petroleums 9c 50c 355 7% 1.48 —— 7c Oils 7%: 27% .10 class 2.15 Mines Jan 45c ' 63c 7c Westville 6,500 66c " — 2.15 Mines Jan 29,700 , " JO Telephone Jan 32c 2.60 u 1 — y Surf Inlet Consol Gold |. 22c , ■ B 7c - / 37,600 1.85 __i Ltd, Mines 77 Feb 3.35 Mining Power 10c Feb 6,150 44c Mines 14c Ltd. Co Metals 1 Gold 13c 3.25 .1 Toronto— Jan.' ; 4%c Mines Ltd Cons 6c 35c JO Scotia 1 Sullivan Mar 73 11c 10c 3.75 Montreal.. 50c Standard 15 Jan.. 85c 4%C (1944) 15 -1 of Sherrltt-Gordon Mines Ltd Mines /• 8% Mar Jan \- Blue Ribbon Mar Jan. *• 41%c Queenston Gold Mines Ltd Quemont Mining Corp Ltd Stadacona Feb Jan - 9c 7% Mines Jan;, 3%c , 43c Gold Dredging Ltd——I Labrador Development Co, 1 Siscoe Gold 7V» 57,600 . 58c 14% ——————— Silver Miller > 52c 15 A B Bobjo 1,000 / 4%c Santiago Mines Ltd ■ 10c 3.25 Bonetal Gold Feb ,c' 12 1 Gold 27c 55c .1 Bldgood 12% 62 1 Mining Corp Ltd Cadallic 26c Gold 42c , 56V2C Mar , 300 850 3.35 Ltd Rochette Gold Mines Co Ltd i Feb 8c "100 ?3.10 |4 Pato Cons Ouebec Jan 28c 22c Jan Mar.,",- 845 13c 14%c Belleterre Quebec Bevcourt Gold 7.40 Mar 2c , "7,250 : 4 VaC Ltd.. Mines 25%c ; 77 35c 9c Jan 23c 21c ; 500 11c 10c 4 1 Mines Ltd O'Brien Gold Mines Ltd Gold 4%c . Mar.. 20 V*- Jan Feb 10 ill,981 4,800 Mar 2.55 Mar • . 2,310 4 59c ' Norseman Orenada * Mines Mines 75 420 14c Buffalo Goldvue Normetal 75 8% III Jan 25c 4c 500. 4.55 4.55 10c 1 — Dredging Ltd_„ New 3%> _1 Yellowknife Jan" 8c Jan 6c ' New Feb '• • Feb 6%c 5%c Feb 55,500 ; 62c 19% 12% 1 — i 12c 14c 1,455 Bell Mar. Mar 28c 2,500 32c 56 %c 1 — Nechi Cons 500 9% Eeatty 6c Mar 4.45 8,500 w 214c~ 2'4c 31c 1 Ltd—, kfacdonald Mines Ltd— MacLeod-Cockshutt Gold Mines,— j; Madsen Red Lake Gold Mines ti Malartlc Gold Fields.Ltd , Jan 3Vac Jan 27,500 A • 8 % — 1 ; | ' Mining Corp of Canada 4.75 32c " .1 " Mines Mines 14c 19% ) t Mclntyre-Porcupine 11'4e I Mining & ExdIot Co Ltd (19451 8c 10%. 10% 14c I Lake Shore Mines Ltd Llngside Gold Mines Ltd Louvlcourt Goldflelds Ltd Rowan ■ 1 — „ i i - 10% 1 Jollet-Quebec Mines Ltd: Kerr-Addison Gold Mines Ltd j' Feb Feb Mar 1.75 ■ Feb 16c 1,600 r -V - 4c 17 48,000 31c -T- Feb 5c 1,000 7.40 4c Ltd—— 16c 14 %C 16 %c 8% Barymin 5c 18c 500 > 5.60 11c - 59c .. . 1,000 r "17 17 1.15 r 1,000 , 20 Vac 20 %c 6.20 300 t.1,000 5'Ac 20c 3%c Mines Jan 3.80 18c 120,900 Class 70,000 59c 514c 1 6c 1: i -v 4c 1 1 ; Labrador '1 4c 8c Mines 5,250 JO A_. (1937) Barnat Mines Ltd Jan - 5,000 3%c Lake 4c . 1.76 Bank Jan 3 Vac 6c l Jaculet 3%c 9%c Mar lie ' ——J Ltd Mar 8C Bachurst Jan 1.45 l Jack Mines 15c Mar Feb 5c ; > 1 12c 500 l Pormaque Gold Mines Ltd Mines 71c -11.000 ' -X Bank Jan 7c 1.45 • Eldona Gold Mines LtdEl Sol Gold Mines Ltd Goldbeam 44c 24,090 26c -1 Bank :Jan 14c 2%c 4c I Dulama Gold Mines Ltd East Sullivan Mines Ltd—- ; 8,300 66c 4.60 Jan 7,000 V 3c 11c Howey Gold Mines Ltd— * Mining Co Ltd 8c: 7c 6C Mtnes_l Dome Mines Ltd f Jan 64c —100 Bankfield Consolidated . Jan /5%c Mar , 1,000 28,500 4c 1 Cortez Explorations Ltd Cournor 3c lOVbc ___i Cadillac 12c 7%c '3c 1 Ltd Central 7%c <: l Ltd Mines Ltd™ Consolidated 10c 1.55 Base ||,Chesklrk Mines Feb ' Ltd Centremaqne Gold: Mines Feb Jan 7c 24c -1 Bagamac 1.53 Mar 2c . . 5,000 4.35 16c ./"■V." : „ Mar. 63c 20c 1.700 Mar 20c - 65c 64c : Hardware class Class 11 %c Mar Feb 27 Jan 15%cMar Mar 4.50 15c Aumaque Mar 3c - Mar 15 %C >"• Jan Mar 52c • - Aubelle Mines Jan 61c Mar 14% 59 • * ' Mines Ltd |!, Century Mining Corp 8c 29.%c Mar Jan 4,300 1.76 Atlas Jan 71c Jan 50c - , 10c Corp Ltd— Gold 7c 26 3,400 Jan 80c 52% Feb . / to ' Atlas Steels Mar 1.00 ; Jan 39c 1 Mines Ltd. Buffalo Canadian 8c Jan Mar ' 11 Yt Mar 1 Gold Mines Bouzan Gold 58c Atlantic Oil 19 % Mar 28% Jan 1 — 19c 54c common. Ascot Metals Corp Ashdown Jan 70c 27,500 1 — Barnat Mines Ltd Base Metals Mining Bonville Gold 67c tl Aumaque Gold Mines Ltd—— 16%c 4c Armistice Feb 14% Mar 1 70c 64c -» Corp 26/4 19c 58c 13% 1,315 ;• 26c Porcupine Auto Fabric „ Ltd 26',a 26% Resources—. Corp Aunor Mines 59 1 Arjon Gold Using Stocki— Ana con Lead 53 Vt 1.735 Feh ,7%c Jan ' Mar Jan 50 Mar 20c Mar 51c 12% 71 23c 53% Mines \ 16% 26 151 : 14% Jan,.; ,"■14% 450 14% 55 5 29,300 Jan 20c 331 B— 116 Jan Feb 13% 7,300 14% ' Feb 12% Mar 41c 60 26% * „ 113 Jan 14% 22% Mar . 70c L Preferred 13, 43ic Jan • Consol Aquarius " • class United Securities Ltd Apex Jan 54% Jan , 47 Jan 105 1,275 • — 25 5,500 29 %c preferred_2fi Feb Feb Feb 110% Mar : Jan Ltd- Canada Anglo Canadian Oil Anglo Rouyn Mines Jan Mar 15 , of 23% 24 , Jan 102 V* Jan 80c 27c 29 V2C Mar 22 V» 75c <• High 27% '21V* Jan 7,280 15 '14% Larder Nepheline ; 3,212 , 36c 36 %c ^ * ioo (Can) . 7% Feb 47 Union Gas of Canada Ltd Corporations 13% • Southern Canada Power 6% pfd Southmount Investment1 Co Ltd Standard Paving & Materials Ltd Trans vision-Television 54 5% Jan • _* Reitmans (Can) Ltd common Russell Industries Ltd ^ Sangamo Co Ltd— a— — 635 • Anacon Lead 77% 9 24% .1 .. American Yellowknife 19% Mar 10 Co American 27% -• Amalgamated Jan 1.05 Cons Low 1 23% ' 80c Ltd Aluminum 11% Mar Jan ■„ Aluminium Feb 10 / all% all% 1st pfd-100 6% non-cumulative part 2nd pfd—50 Purity Floor Mills Co Ltd preferred—40 Products 130 2,500 Pacific , 23 "-.t — Algoma steel Mar 5 4.50 Mar Alberta VIn 24% — Range Since January 1 ' 26 - — Akaltcho Yellow Knife- Jan 100 Jan / 97 • Corp of Can 6% Westeel 10% 7 6% Mar 100 1.00 a 18% 18% * Corooration United 10% a 4.50 1.00 9 Island Power 'ji_: Moore Mount Power alO" 10 Ontario Paper Co <fe 4.50 * common 8% Mar .100 Acme Gas & Oil High 102% 103% —* Preferred Mar 41 ! ' 26% -20 coaunon. . MacLaren Exchange Canadian Funds 10 % Mar Jan a— 197 8% • ... 27% Mar 26 225 22 11% —_50 — High Low ' 67b Toronto Slock Range Since Jsnsarr 1 High 26% 20 Ji. 31 for Week of Prices Par 5% ENDED MARCH Sales Last Sals Pries I WEEK Monday, April 3, 1950 MARKETS LISTED CANADIAN CHRONICLE FINANCIAL 23 J/2 Jan / 171 Volume Number 4895 - THE COMMERCIAL & CANADIAN FINANCIAL LISTED CHRONICLE (1389) 37 MARKETS ' RANGE Week's Last Sale Pric? Par Canadian Dredge Caiiauiiixi Fooa Class Prouucu. A General Canadian ' • 12 % ■____ Industrial Alcohol vot_ Low 10 ,'r 100 5 280 700 i ; i2ys. 24'/e 4.65 Mar 170 280 11 20 250 , Feb Jan Jan Mar Canadian 9 xJ 2,7*0 by2 Jan 10% Mar 9% 9'A 75 8% Jan 10'A Mar 23% 77c Locomotive Canadian JMaiaruc Canadian Oils Tire 3,677 17% I,365 102 102 15 .100 Pacific Canadian 108 77c 16% 102 common preferred Canadian 23% 72 V4C ,16% : __ Cos : Railway —25 16% -100 102 % 16% 17% 35 35 Corp Canadian Utilities Canadian Wirebound preferred class A— —* t-;. 22% Mar 29 60c Jan 82c 15% Jan 17% Mar 101'A Feb ; " 9,053 r-U 75 102% 102 'A 16'A Mar X Feb Jan 18 31 Jan 35 101 5 26 Jan 103 Feb Feb 27 Mar 25 26 26 Jan Mar 103'A 25'% Shares Mar Manltou Goidora Castle-Trethewey l 2.50 2.50 2.50 10,094 2.20 Jan 2.60 Feb • 1.25 1.20 1.29 27,200 1.00 Feb 1.52 2.70 19,900 2.44 Mar 3.35 5%c 4'Ac 5%c 4,500 4'Ac Mar 6c Jan b',20 '4 vac 7'Ac 150,900 3'Ac "Jan 7'Ac Mar 2c 2c 5,000 85 91 45 90 Jan 95 Mar 53 53 15 52% Mar 53 Mar I_11 Mines —1 Goodyear Tire -__* * common—. Great Lakes IA Class Paper common- 17% Felt————.; 16% 6,230 14'A *0 Jan 100 20 Jan 5% 2'Ac Jan 195 21% 300 185 9% Feb 17% Mar 43% Feb 26 ; 5% Mar 4 Jan Feb 6'A Jan 11% 35C 1 38C 11,500 lie 13c 24,325 7c Jan 16c Jan 15c 16 %C 8,450 15c Mar 19c Jan c Feb Matr 33c 11% Mar 43c Feb , 4'Ac 5'Ac 9,500 4'Ac Feb 6c ' Feb 18% 5'Ac 1 _ 35c 16% 1 Gold 11% 1JC —1 Mines. Gunnar Gold Lake 17% 43% 5% 5% Guayana Mines Lead Feb . Great West Saddlery Gulf 2c High 43% 43% Coal West Low 21% preferred West Great 85 II50 Preferred Gwillim Central High 2.44 Gocdfish Mining Great Range Since January 1 Low 2.65 ♦ Goldhawk Porcupine 12 Ve Mar 280 for Week 1 Gulden 6 Range of Prices Par Jan 27 Bales Week's Last Sale Price High Jan 912 ",;-C3ass B 57c 5 12 —Ilio Electric Friday STOCKS Range Since January 1 jHigh 25%* 25 'A 25% common j.". Canadian Low ..25 __ MARCH. 24 for Week Shares ENDED Sales Range of Prices Friday STOCKS WEEK FOR 18% 1,505 17'A Feb 19% Jan 4'Ac Feb Jan Leduc Oil Central Patricia Gold Mines 1 Central 1 Porcupine Centremaque Gold Chatco Steel Chemical 83c common™—,; 83c Jan 1.08 II,550 80c Mar 9,000 15c Jan 92,500 6c Jan 11c Mar 10% Jan 14% Jan 7>Ac lie 13% <* • Research 80c 15 %C 16 %C 10 %C 1 —; 13% 100 21'Ac Mar Gypsum Lime Halcrow 50c 93c 81%c 95c 26,535 72c Jan 1 6V4C 5c 7'AC 37,000 47/eC Jan 1 1.48 1.40 1.48 5,800 1.15 Feb 15c 19c 2,500 ll%c Feb 21c 2%c 3c 14,500 2'Ac Jan A,. 3c Jan Headway 36 %c 39c 5,700 36Vic Mar 50c Jan Hedley 23,700 Chimo Gold ________! Citralam Malartic 1 ; 2%C ,_1 •— Coastal Oils Cochenour Willans 1 2.18 2.34 14% 14% 16 885 17c 20C 1.40 1.46 1.42 1.42 1.00 1.05 ■; , 150 15% 2.2a ..; Feb 2.01 Feb 1.37 1.78 Jan Mar Hard Dunlop class A— _—_* Cockshutt Plow Coin • Lake _1 Commonwealth Coniagas 16 14 Rock Gold Mines. • 1.40 5 - : Mines • 1.02 Consolidated Ansley 1 Consolidated Astoria 1 Red Consolidated Central Cadillac. — Duquesne 30C s- 1 — Mar Highwood Homestead Howey Consolidated Mining Class B Conwest Croinor 30'Ac Mar Hosco 10'Ac Mar Howard Smith Gold Del 4%C 4%C 4%C 900 5,000 6'Ac Mar 9c Mar 17% 10% 10% 2,010 4c 4c 500 70c 80c 22,816 4c 7'Ac 60c * 90c Jan ' 5%C Mar 3,000 4c Mar 55c Feb 62c Jan 10c 11c 5,701 10c Mar. 26c Jan 92 93'A 1,680 91% Mar,. 5'A 5'A 1.05 ' 1.0$ 22% 22 13% 14 25% 25% 4% preferred 1.05 Mar 1.75 Jan '57c Jan 57c Jan SI.60 165 22'A 125 21 Jan 25 15 15% 275 14'A Feb 15% Mar 18c Mar 18c 20 %c 3,100 6% Jan 1.26 Mar 25c Jan 8% Mar Jan convertible Inglis Inspiration 384 16c 4,000 13c Feb 17c Jan 60c 5Gc 61c 7,500 50c Jan 65c Mar 49'A Feb 7c Jan 10c Jan 1 L7%C 15 13c 27,850 29c 3,500 21'A 75 8 100 14c - Mar 12c Feb v Preferred Jan Jaculet Gold Jan Joliet 10c Mar Jan 36c Jan Keiore Mar 42c Jan Ltd Kerr-Addison Feb 6'Ac 9,000 6c Jan 27c 2,000 26c 53,600 28c 60 34 34% 34% 34% 10'A 11 860 40c 36c 40c 101% Mar Jan 34'A Mar 30 225 11 17,350 32% Mar 9'A 36c Feb 5'A 5'A 16'A 16% 110 16 26'A 27% 1,430 26 Feb 103 103 103 50 101% 103 103 42 100 Jan 29% 29% 30'A 6,274 30 Mar 148 13 148 : 17'A • Jan 103 Feb 104 + Feb 32% Feb 8'A Jan 28% • Jan 142% Jan Jan 5'A Mar Feb 27% Mar 12 Mar V' 4 7o 35 49c Jan * ' Feb Mar Mar 101, 65 34% (1939) Jan Mar 9'A 9% 4,405 4'AC 5'Ac 59,000 4'Ac Mar 30c 25c 32c 71,344 20c Jan >• 30c 10c 11c 3.699 4%C Jan v. 10'Ac 11'Ac 5,000 10c Jan 65,855 55c Mar 1,000 5,750 44c Jan 6c Feb 4,170 17% Mar 1 i_, Quebec Mines Jan 148 9*% 4%c 1 _« Jan 17 35 ;r * — Mines 67C 40c 101 V , 1 Jacknife Gold 5,000 101 27 * International Petroleum Mines 10c 15'A Jan Mar 15 ; 29%: Jan —5/100 i___ Jan Jan Jellicoe 61c 15 50 • Joburke Feb Feb 15% 100 Jan 58c 58c A___—_ Jan 23'A . ; Feb 34% preferred Milling Jan 1,400 25 y« 290 15'A International Nickel Co common 1.80 6,500 1.60 International 16c 13c 1.74 26'A ' ;:r 34% .25 42c 8% Jan 13'A Mar "> 15% com.—* Powders class Metals Jan 32 21 1 Preferred Jan 9 Jan 1,675!" 6 24 ■::h 26'/4c __1 * Feb 12c 13c 1 Rio 7% 1.65 • Mines 19c 20% Mar 8 Mar 27'Ac Mar 21 * Ltd 128,000 28c * A 19C • , 52% Mar A 13c 30'A 34% 25 Preferred 50% Mar 47'A : 9,198 32 Bronze International 9c A 33c Mar 100 International 8% 50'A Mar 41 ,, " „100 — preferred Mining 15c lie Jan. 15'Ac Jan >/ Jan • 7 • common preferred (John) & Co 8'A 100 Feb * Acceptance preferred 16c .1 A___ 25 Varnish 1 „ 26c 120 22% 13% Industrial 22 18C Mar 5c 41% Mar 175;> 31'A * Oil Imperial 1.07 Mar 31 Imperial Tobacco of Canada ordinary_5 Imperial Feb 217 Uvl 6c 1,000 31 Jan 103 5,770 * Jan Mar 35 2,160 8% ..10 6% 160'/a 33c 43% A Bank 205 . class Imperial 5'A Mar 164 * Ltd 285 : 33c 11 Ye 4c 175 43% Feb Feb , 18 Feb 2,260 , \r Mar Jan 16'A 10 9'Ac Jan ; *" 5c 5c 93% 41 33c Hunts 59c ■ 435 23,000 " 7c 39 4 43% Hudson Bay Mining & Smelting. Feb 59c '•v+A. 6 %c 6%C " Mining Jan 66c 4'Ac •- 1 Jan ? 10% Paper common... Feb & 51c . A 97/e Mines Feb Feb 8 : 1.12 Patricia Oils Delnite 39,500 0 ! Jan 9c 17'A Yellowknife Jan 13c 163 Petroleum Decalta 200 64c l B 10c 7'Ac ■■ Daueh ____1 class 60c Feb .—* Sarcee 7%c Mar 1.08 D'Aragon Mines Class 8% ♦ Nest Coal— Davies Jan 6c „_1 1.12 common.. Mines Davis Leather 6c 58c III5 1.; Jan 3,000 Homer 16,000 39c 11,600 Hollinger Consol 163% Pershing Crows' Feb 6'Ac Feb 4%c Mar ■ , 111,500 Jan * common Crowshore Feb 60c Jan 100 . Mining Bit Crestaurum 22c / 7%c 1.15 58C * Imperial Mills— Cournor 3'Ac Mar 27c 59c 1.50 8'A * Exploration Cosmos 1,000 3,400 3%c 24'Ac Jan 47c 6'Ac Feb 64c 5 A ■ Corrugated Paper Box Craig Smelting _. Consumers Gas Feb 60c Feb l & 30c 7'Ac 1.00 1 class 2,700 , 8'Ac Jan 6%c 1.39 8'A • Oro Consolidated Press Mar 1 Hindo & 181,295 . Mar 11 5c 10 ■ 1 500 8'Ac 10 Vic 44C Jan 16.000 3%c Jan . Jan 10 7'Ac 24'AC —1 8,066 •iA 26c 30y2C 10c 1 Lebel 26'Ac 35c 1 Lake Mascot 1.50 1 Mines__ Consolidated 104,360 Feb .14'A Mar Jan 37c 38'AC Feb 2 Beattie Consolidated 39c 2c > 14'A 5'Ac —1 1.15 2,100 • Consolidated Consolidated Feb 10 Hasaga Gold Hoyle Consolidated Bakeries Consolidated 13 »A 7C .1, Heva Gold Mines 20c Mar 15c 7,160 ; 130 36c Gold Highland-Bell Hlghridge Mining Jan 14 Harding Carpets H&rricana 2.34 Mar 16% 15% Mar Jan i. 14% Mar Jan 14 Feb 11% 4C 2c ' Petroleum Mines Coniaurum 1 , l'Ac 3,065 2c 13% " Cochrane 3%c Mar 1,000 13% 4C Gold Hamilton Bridge Hamilton Cotton Chesterville 7'Ac Mar 5,300 2c 12% Swayze- Halliwell Cheskirk Mines Mines 18% Alabastine. & 55c 62c 1 63c 10% Jan 8c T| f Feb Feb 15c Mar 12'Ac Mar 82c Jan 5c Feb ' Detta Lake Red Dexter Red Discovery 1 .!_ Lake 1 1 Dominion Bank Dominion 22 21'A 22% 8,350 20'/a * Seagrams 17 16% 17'A. 1,880 16% Mar Electrohcme 26% 1,272 26 5 150 3 ,27% Mar 4.75 * 23% Mar Jan 26 Feb 26 IP preferred Foundry & Steel 29V/a 29'A 175 Dominion * 29% 29% 29% 1,220 26% Dominion Magnesium 1 • 9% 9 9'A 690 7% 5 * 29% Mar j Mar 30 Feb Fabrics 2nd Jan 27% ,Jan Jan Dominion Dominion 5% 20% 1,185 33% 33'A 33% preferred_23'A 22'A 22'A 22% 11 11 Vs 10'A 10% 180 54c 60c 64,350 invest & Tar Chem 5% common___l Steel & Coal class Dominion 25 B Dominion Textile common Dominion • ■ * Donalda Woollens Mines Dulama 5 50 20 • Scottish Dominion 1 • 11 i ■ 58c - Duvay Gold Mines Labatt (John) 9% Mar 5% Mar Dufault Gold East Crest Oil Jan 12 11% Jan 10 Jan 52c Jan 64c Mar Jan 24c Mar 14,700 9'Ac Jan 10'Ac Mar East East Eastern Jan 23c Mar 28c Jan 2.45 2.27 2.47 29,830 2.05 Jan 2.48 Mar 6.25 5.55 6.50 146,300 4.40 Feb 6.50 Mar Steel Economic 6c ._1 Mines 5'A 5% Easy Washing Feb -1 Mines Sullivan Jan 4c 3,000 24c 24'Ac Leduc East Malartic 14c 6,000 5'Ac •' Machine 6 1,325 6 6 200 5'/a Mar 6% Jan 6 6% Jan Mar 20 Mines' Lake La Luz Sol 1 8%c 21,000 6c Feb Gold Brass Eureka Coip A Nickel * Players Grain 2,675 • 2.65 ■■/■ 4.05 Mar 61c Jan 4.60 Jan 16 Jan 36% Feb 9 120 150 117 7c 17,700 6c 21% Mar 14% Mar 1,425 10 > 33 615 1,050 9% Mar Mar Jan Jan S'/ac Jan : 2.05 Jan 10% 124 Jan Feb 7c 2.90 Feb 2.65 24,700 8% 9% 3,030 '8 Feb 9% Mar 7% 50 ;7% Jan 8 * 12% 12'A 12% 350 12'A Jan * 1.05 1.05 1.15 Power Petroleums Class Wares Mines ' Lake 2,000 7,860 2.30 2.25 2.35 18% 18% 109 109 110% 110% 110'A 2.90 2.85 2.90 1.15 Feb 32,. Mar Jan 14c Feb 2.25 Feb 2,60 17% 105% 15 110 1,492 29% Jan Mar 50 'v:i* 12% Mar >; 1.75 8'Ac 700 19 —_—— 1.25 ■ 2 „ 1.05 3,400 1.15 1.12 1.21 4,700 * 30% 30% 30% 100 18% 19 210 1 6.45 6.10 6.60 10,224 7C 7c 7c 8,500 2%c 2 Ve C * 7.000 62C 65c 12,200 30 %C 32c 8,900 1 15'Ac 15'AC 17c 5.000 9c 5c 9c 5.000 1 Mines 5%c 5'Ac 5'Ac 6.000 7%c £c 3,550 1 Arrow footnotes see 2%c 62c 32c 1 Gold Eagle page 39. class Macfie Jan 19 Jan Jan 109 111 Mar Jan 1 1.00 Jan Feb 29'%-Feb Feb 3 1.25 Jan 1.21 Mar 31 17% Jan G.00 Mar 6c Feb f 20 Jan 6.60 Mar Jan 7%c Mar Red Lake Export Jan 3'Ac Jan 6'Ac Mar 3'A & 1.27 16,500 1.15 Jan 1.34 Feb Feb 6c Jan 7c Feb 4c 1,000 5c 6c 1,500 4'Ac Feb 51c 50c 53c 9.700 45c Jan 62c Feb 31 31 31% 385 31 Feb 32 Jan 380 30 Mar 30%; 31'A 9'A' ,31% McBrine (L) 2.90 3.20 26,750 45c 48c 6.913 6c 7C 10,100 3.85 209,372 10% 3.60 10'A 10'A 8% 3.00 3.15 11,390 5Cc 48c 53C 34,386 3.30 3.20 3.40 23,425 2C 4,000 "lit * Mar 5c ' • * '* 3.25 Mar Jan 80c Jan Jan 10'Ac Mar 20c T. 7c Feb 17c Mar Jan 3.85 Mar 2.11 Mar 10% Mar 9'A Jan 7% Jan 2.76 Feb 3.15 Jan Jan 60c Feb 8% 150 4%c 5'Ac 4,059 31c Mar 9 2.95 2c Jan [ Jan 3c Jan Jan 10'A 8% Mar 3%c 3.45 Jan 8'Ac Mar Jan 19c 20c 18,500 13'Ac Mar 20c Mar %C %c 44,200 'Ac Mar %c Mar 6c 4'Ac 6c 3.000 3'Ac Mar 6c Jan 24% 24% 2,565 21% Jan 25 Va Jan 27 Mar 28% Jan 17 Feb 17'A Mar Jan 8% Mar 24% 28'A 27% 28% 95 17% 17% 25 8% 8% 55 14 14% 99'A 99'A 12c 12C 8,000 61'A 62'A 664 53c 57c 8'A " McDougall 14 common Mclntyre McKenzie Red Z Segur Porcupine Gold McMarmac .5 Mentor Lake Mills Milton 8c 9c 9c 3,000 9<o 1,400 9c 1.25 200 6 2.410 3'Ac ... Grain Corp 1.25 4c 8,500 15'A 5% — Oil Modern Containers common—— Class A 7c 9C 1—5 Brick Mining 7'AC ♦ Pacific 10 1 57c —— Exploration & 1,630 _ —1 — Red 62 I 8,900 17,300 1 Lake McWatters Gold Midland Jan 'Ac" 100 Mercury Mar 5 44c Mar " 17'A 20 Preferred Mid-Continent 9c 480 1,745 9 9 3.00 Grai^ class A— Jan 6c 16,000 9c 10'Ac 11'Ac 3.45 preferred McColl-Frontenac Jan l7'Ac Mar Jan 31c 'Ac - Jan Feb Jan 2.33 48c —1 Preferred 65c Mar 13'Ac 3.00 2c Gold 36c 5c 25,000 Jan 9'A Mar Jan 20c 18c 31% Mar 25 252,600 8% Rights Martin-McNeely Massey-Harris common Feb 15c 9 13c 9'A 24c 28 %c • 11 %c —1 Feb 4c Eastern — Jan 6c , 1 ... Jan 3'Ac 1 Milling Maralgo Mines Mar 4%c Mar 82c 1.20 Leaf McCabe 17 74c 1 Goldfields Manitoba Marcus 15'A Mar ' • Consol Malartic 3'Ac Mar 335 5,800 1 Mines Madsen Red Lake Gold Mines Maple Feb 7c 40,500 4c 82c * Gold class A B 9", 8c 7.35 Feb Jan 16'A 1 MacLeod-Cockshutt 57c Jan Feb 4c 7.15 3'AC 1 30'Ac Mar 5%c 6.25 2'Ac 19C Mar Mar Jan 2,655 3,000 6,500 24'AC 1 1 River Magnet Jan 15'A 1 Mines Class 2.40 80'A c * Mines MacDonald McMillan Feb 3c * A Goldfields McLellan 1.10 * Gold Mines Goldcrest For 12c 1 Gold Oil Golden 11c 1 common Gold Lake Goldale 29 1 Steel Yellowknife Globe 35 Jan Feb v ) Glenora 32 * General Products Mfg class A General 32 * common A Gillies 24 * a Bakeries General 3,015 100 100 1— com preferred % % preferred General 28% 28% • • — 5% 1.05 Mar 300 * ____ Exploration :V * — Gold Frobisher Gatineau Co 2.33 28 • class A B Hosiery Macassa Mar 6'Ac Mar 7% Francoeur Gold 4.25 15'A 34% 34c * Foundation God's 3,710 33 Mar * common Manufacturing Giant 7C * • • I.ac Groceterias Macho 20% Mar 50 41c 120 1 Ford Motor class A 5 20% 12c A Class 1 10%c Mar Ltd common Products Fittings Fleet 10 100 Kirkland 4.05 8'Ac 14% 33% • common Federated Petroleum Fibre 4.10 1 Preferred Federal 34c * Fanny Farmer Candy Shops Federal 20% * 1 Palconbridge Famous class 7'Ac 1.90 5'Ac 6.80 1 ... Louvicourt El Empire Gold Lexindin Gold Lynx Yellowknife Mar 49c 1.22 Feb Feb 8c 500 4c Gold Jan 28c 6,333 24,000 2.15 81c 3 43c 36'Ac 68,400 56c 2.10 + 6C Mines 50 %c 22,325 Mar 3c * Long 51c 2.10 7.10 ; Jan 46c Jan - J * " 16% 8'Ac 10%c 35c * 50 29'Ac 33%C 43c Jan Jan 10%c Mar Jan "U" Class 28c Feb 64c Secord London Jan 9c 54c Feb Feb Jan 1 15% Mar Mar 3c 13c Leduc-West Loblaw 93c 55,100 14'A Lapaska Mines Little 59,000 8'Ac Feb Mines Lencourt 1.15 7'Ac Feb Gold Cadillac Leitch 95c 8C 12% 45'A 31'Ac Jan - 1.34 Jan 1.07 - 4, Lamaque Laura 17c Mining Wasa Lapa Jan 5'Ac 65 1 3'Ac 1,425 215 1 1 Gold 55,500 * 9,800 16 Pen-Rey Eldona 11c Jan 13,666 50 El Elder 6%C Mar > 5.30 13 15'A • 10'Ac 3.95 Mar 13c 41c 15% 2,010 1 (1945)'.-- 49 Investment Eddy Paper class A 4.70 1.44 Jan 15c 20 37C 22% Mar 10 %c 11'Ac 4.40 ' * 10c Jan 10'Ac 4.60 Feb Jan Mar 30c 11 ;. Mar 5'Ac Mar 19 19'A 12% 21 24,100 1.25 11'Ac 19 10c 235 6'Ac - 12% Shore 15'Ac 1,900 19% 1 Rowan Lake 27,000 13,800 1.29 20% Mar J. Lake 5'Ac 5c V 10'Ac Jan 1 Jan Jan 6'Ac • .- , Mines 22 'A 36 21c 1.34 11'AC 12'Ac Sc.'. 155 —: Lake Lingman Jan 18 %C >■ 1 Mines— Fortune 495.; _ 1.30 1 Lake Larder East Amphi 8c 19%;: * Ltd Gold Laguerre 260 . 19'A 19% 1> Lake Jan 1 1 1 'j Labrador Mining & Exploration Jan 20c • Lake 19'/a 1 Mines Kirkland —; Kirkland Townsite-; 33'A 1 Gold Ltd waZ •' 7c Mines 4'AC\ Feb 29% Mar f Dominion Stores Mining 4'Ac 1 ~ 28c 30'Ac 29c 2 Yellowknife Distillers Dome Mines Ltd Kayrand •_ 15'A 90 2.015 5% 13% Jan 61% 3'AC Jan Jan 9'Ac Feb 8C Feb 11c 1.50 1.25 Mar 5y« 6 Jan 3c Jan 4c Mar Feb Jan Jan 15'A Mar 16% Jan Jan 1.35 Feb Feb 1.10 1.15 12 12'A 2.855 18% 18'A 270 14% 270 16 'A 20 60c lOyaC Mar Jan Feb 12'A 20 f 8c 18'A 20 67 Jan 1.35 1.35 12c Jan 51c Feb Feb 100 Jan 10c Jan 16% Feb 97 12 13% Mar Jan Jan ■- 18'A Mar 20 Mar 38 (1390) THE COMMERCIAL & CANADIAN RA>GE Friday STOCKS Week's Range Low 4.75 50 9 ft STOCKS Montreal Moore 1,015 Mosher 36 ftc Locomotive Corp Morrison Low High 7,116 Feb 4ft 9ft Mar 33ftc :1 Feb 'tm Jan 38c Jan Class 26% 21ft Feb 22ft Jan 76 ft 77% 420 75 Feb 78 Jan Sladen 3.00 3.00 170 3 Feb 3 Feb Slater (N) Long Lac 30 ftc 1 — 30c 16c Jan 57 ftc Mar 6c Feb 12 ftc Mar __1 ___—— 10c 38c 20 ft 103,100 7ftc 12 ftc 19,700 Siscoe National 32 32 34 140 8ft 8ft 8ft 450 common Co Drug & Chemical com. National B National Sewer National Steel National Negus 785 10% 11% Feb 315 10 ft Mar 12ft Jan Standard 85 27% Mar 28 ft Mar Starratt 22 22 20 22 Mar 22% Jan New Trust 23 1,120 22 Jan 23% 24c 39c 59,600 39c Mar 41ft 160 40 ft Feb 42 ft Feb 22% 23 830 19ft Jan 23 ft Mar 27 27 1.56 102 42,174 15 Alger 1 New Calumet Mines 8 ftc 7ftc 9c 4%c 4 ftc 7c 1.01 1.00 1.07 Mar 1.41 101ft 32,200 —1 Mar 27 6,732 1 Bidlamaque New 34c 50 1.41 101% —— 1.50 _100 preferred 1.68 103 ft Jan 4,600 22,845 95c Mar Jan 66c Mar 85c Mar Sylvanite 53,475 31c Jan 48c ' Jason 1.32 —X Marlon 45C 40c 45c 6,733 35c Feb 50c Jan 1 50C 45c 56c Mar 88c Jan 8c 6c 8c 3ViC 3%C 44,350 30,750 12,000 45c ,„1 Gold Feb 5c Jan 3'/4C 3%C 9,500 3ot Jan 4c Jan Rouyn 15,500 3,250 7ftc Mar —1 __ Norzone Pacalta New —X Thurbois 3ftC • Mining Gold 3,000 10 Mar 12ftc 1,753 51c Mar 63 ftc Mar 9 9% 875 > 15% 31ft 6 16 16 31% 6 75c 1,900 14c 800 3c 10,000 3c 1,220 20% 3ft C 4c 2,500 2.60 3.10 103,572 45c 50c 18,000 9ftc 8c lOftc 1.55 1.55 1.60 -3,550 11 ftc 11 ftc 12c 28 ft 29ft 11 11 39,450 55c Mar 5 ftc 4c 6c 13C 8c 40c nil 40c 1,000 ' 7c 8c 2,600 7 ftc 8c 8 ftc 10 ft 61,500 10% 635 10 ft 14c Mar 1 Class 2.46 Mar Jan. : Traders Feb 6c Mar 6c Feb 18c Mar 39c Feb 45c Jan 8c Preferred Transvision-Television 900 25c 2,500 1.65 1.80 14,650 19c 23C 20,200 17c Feb 23c 3ftc 6c 42,106 2%c Jan 6c * common 48,800 3%c Feb 8c ' 26ftc 1.60 Mar 2.24 • Oil 50 39 Jan 44 Mar 135 24,400 7 ftc 7ft c 6,000 8'Ac Jan 47,420 17C 77,400 lOftc Jan 6.15 367,380 1.01 1.12 45% 45 ft 46 280 1.40 ; 1.35 1.45 12,647 19 ftc 19c 20C 33,000 • !■ 4.20 Paramaque Mines 4c 1.30 Jan 47% 1.58 Walte Walker * 24ftc .' •?': , j 4c 1 1,500 3c Feb 3C 4 ftc 3c 3c 1,000 2c Jan 30c Perron 31c 34,302 i 51c 50c 51c 2,000 ^ Pickle Crow Gold 'Pioneer Gold * Powell iinii « miii Gold__ River 1 Premier Trust • Metals —I —1 4 ... III ._ Quesabe Mines 1 —I —1 a Reef Petroleums 720 85C 85c 17 ft 80c 16% 1.10 Feb Jan 1.05 15ft Jan 17ft Jan 52 Feb 55 12ft Jan 17 ft Mar 855 54 42 17 ft 1,810 1.81 1.95 11,110 2.05 1,372 60c 2,750 6%c Mar ... 483/4 48% 60 47 15 ftc 16 ftc 15c 78c 77c • 78C 1.04 1.35 5,750 541,677 21ft 1.26 21% 8,805 48c 18,500 102 34c 38c 14,000 2.05 2.08 1,400 10% 10 ft 7c 15 220 9ftc 12ftc 12c 103/4 .14ft * • II—1 : 1 _. • , 20,900 7c 27 ft 27 8c 10,500 33c 5,400 27% 505 lift 12,095 10c 103/4c lift 117,400 10% 10c 3 ftc 3 ftc 3 ftc 9,500 18% 19 -100 19 ft 315 103ft 103ft —i Mar - Jan Mar 20 %c Feb 1.03 18ft 42c Jan >23% 10 9ft Mar 34c Mar 43c 2.03 Mar 4c Feb 2%c Jan 9ft 2.55 Feb 4%c . Silverwood Dairiet For footnotes page Jan' 7.05 Jan 14 Mar Jan 40c Jan 15 ft Jan 9.50 Jan 15 13,314 ; I; 15 6 ftc 100 . 8.30 8.00 8.40 42% 44 ft 14ft 3,550 43 ft 6,675 Feb 8 ftc 7.90 Feb 36 I 5 ..m 5ft / _• '9ft ; 9ft j 6c 6c ;' pfd___100 94 90 Jan ./ 4.75 Mar 60 ■ Feb Feb Mar?- 46% Mar 94 ■ , 10 .• 58 53ft 58 1 17c -12c 17c :5 14% 14 ft 14% 34 35 94 Jan 10 Feb 8 ftc ; Jan 150 - ■ Mar 94 49 190 L_ Mart Jan 58 Mar ' 140 . 23,875 - Mar 6c : 6 ' 9 2,000 Feb 17c Mar 7c Mar 14V2 Mar 16ft 31% Mar 35 Feb ' '■ If-* common. _• . L & 65 9ftc 16,200 13,500 4,214 .1 25ft 4 ftc 38 ft 36ft. 38ft 100 100 100 .i 1 ; Knitting 5c 3%c Mar 1 class A 19 ftc ;1 L 23c 1 Mines 2.15 2.12: 95c 23c 23 26 Jan 102' Mar 12c Jan 4c Mar 6 ftc 33ft Jan 99% Mar 1,500 100 ft 3 ftc -120 23c Feb Feb 8ftc Mar 13 6,400 .. ft 99 ft 10 14 ft 2.08 •• ; 3%'c 14 ft . 5 _• Zinc Bear 525 5c _• Mines Yeliowknife York 10'2 8ftc 25ft 100 Combing u_. Wright-Hargreaves Yellorex • .100 9C • common Wool Lead 100 1 Preferred /Yale 25 ft 100 ; Feb 2,000 23c 4 ftc ; Mar 8,000 17c 22,315 75c Jan 6ft 6ft 75 2.00 170 Jan Jan Jan 21c 2.00 Mar Jan 99c \ 6V4 Mar 2.00 * Jan 15 ft 30c Feb 95c Jan 2.27 Feb 18c 19 ftc 86c • Jan 38 ft Mar Mar / - 2.06 Class B _l_ Mar 6ft Mar 20 2ft Jan Toronto Slock Exchange-Curb Section Canadian Funds STOCKS 1 / Brown 1 Feb 15 Mar 7c Jan 13c Mar 7ftc Jan 25c Feb 14c Jan 49c Feb 28 Jan Canada and Feb 11% Mar Canada Shares Low 90 3.80 120 High Jan 26% 82 V2 Jan 92/ 2,f75 99 24% 15 3.95 98 Low T- 3V* Feb 90 , Vinegars Range Since Jannary 1 High 25 ft" \ Jan Feb Jan 27 for Week 25 >4 • 12ft Sales Range of Pi ices Sale Price Par 5 Week's 'Last 8.85 10c Jan 3c Jan 17% Jan Co common Preferred 100 Bulolo Gold —1 Canadian Bronze 4%c Jan Canadian 19% Feb 103 ft Mar 15 ft Mar Canadian 98 50 ft Jan 56 ft Mar 104 Feb Feb 9.50 300 600 12% 50 12 Jan 13 ft Mar 24 50 22ft Jan 24ft com^ 48 45% common 160 24 23 24 4.20 3.90 4.25 10,850 103ft 100 107 1,885 3.95 3.75 8.45 Mar : 22 39 — 9% Mar 22% -48 Feb 24 2% " Jan 21% 527 "> Jan , 89 *"• Jan Feb Jan Mar Jan 41/4 Mar Jan 107 Mar 16 ft Mar Jan Jan 24 __ Western Jan 92 22 ft _____ Morse Industries 104% Mar Jan 1,600 22% 22 ft Vickers 12% r 4% 9.50 Sugar.. common Canadian 14 ' ' 12% Fairbanks Canadian 98 j.- Dominion Jan 18ftc . 56 ft 3.60 4C 54 ft 56 ft 470 3.60 3.70 3,042 3.50 Feb 3%c Mar * 4c 4c 1,000 5c 5ftc 6,000 14 ft 28c 25C 14 ft 125 28c 12,900 25 25 51% 12c 13c 4 15% -50C 153/4 5c Disher Jan Jan Feb Steel 1,260 21% -12,200 17% 35c -11,600 32c 34 ftc common 15 ft _____ 15ft- 14 ft Mar 14 ft Mar Dominion Feb 32c Jan Donnacona 570 23% Feb 25% 16 115 24 / 200 Jan 51% Mar 24 Foothills ' 4,500 . 25 10c 14"% Jan Jan Feb International Feb -International 16 200 43,661 21ft 21ft 22 765 20 Jan 22 21 110 19ft Jan 21% Feb 8.05 Pend 8.05 430 Feb 8.85 Jan Price 1.05 Mar 1.20 Jan 1.91 2.38 Jan 111 8705 24c 20c 25c 41,800 20c Mar —1 38c 73c 71c 86c 4 60,325 48c Jan 91c 9% 93/4 9% Jan 10 39. / Mar Jan Mar Jan : Paper ■ common_— Ogilvie Flour Twin Consolidated 3.75 34 42 43 - ~ vr 21Vi 22 18 ft 18% /24 ft,. 24'ft 20 • 49c 5.40 71 .71% 47c -49c 12 ft. corn- I_Zi 13% 60c 60c 45c Jan 16- Mar 12 Jan Mar 24% Feb Jan ft 40ft Jan 44 ft 15% Jan 18% Mar 3.15 3,100 Jan 1,605 4,096 >/ ' 580 460 4.00 Feb Feb 36 ft Mair 371/4 19% Jan 43% Mar 22ft - Feb •17ft. Jan / 20 • Jan 19 ft MaT 22 ft Jan 19% Mar 24% Feb*. 20 ft Mar 2,865 — --160 -<• " , 27 - - 20ft 5.10 ?lft Mar 21% Mar 275 24 ft I Jan, Mar 24 - 5,600 ft, •.42. 18ftr t 3.95 Mar 61 25 36ft 21% "A , Invest 3.65 -i. Jan Jan ' l City Rapid Transit Yukon 34 —5 _rx_ ! 18% -7 ft ; Bros Southmount L common Oreille ■ -- 43ft 3.70 - ^ Utilities" i Minhesota & Ontario Paper. Niagara* Wire Weaving 1.08 9ft -■*' ^ ' 15c 2.24 l,288i Oil 42% 18% Hayes Steel 1.08 8.00 43 __ Paper 52 ft Mar 2.08 Jan Bridge s 3 ft 57 ' 33 ftc. Preferred 2.10 21 - 20%. 7,850 60 ft * 5c 380 52 ft 13c Consolidated Paper ' 3.95 60 20 • 60 Dalhousie Oil j Jan 6 ftc Lumber Westinghouse 25c 25 ft 52 —l 4.05 Canada Mar -- 63% Jan 71ft Mar 68 ,-r 41c Feb 49c 150 - Jan 13% Mar Feb 60c • - •. 500 5.05 Mar 8% 57c . Jan . Jan 85ft • class A 5.80 Mar, 12ft Jan 3.85 Mar 20c 10% Mar —1 see :* Mar 47 110 ~~~ Feb 7% .20,000 Asbestos Corp British Columbia Pulp & Paper com / 5c 40 —1 Mines 2.91 45 Jan 26c Feb 40c Jan 160 com.. Mining Jan 6ft 35c < L_ (George) Mar 98 III voting trust certificates Sigma Mines (Quebec)- '19c ■ Jan: 41c Feb 16 ft 4 common 4.30 Mar- Jan 16 ft 1 —ower 22% 3.50 Mar ~ 25c ; Wlltsey-Coghlan Wingait Gold Winnipeg Electric Feb 97c Mar 97 ft 1 preferred Jan 55ft Mar 2,200 • / Products 1.35 Mar 15 ft 1 Shawkey (1945) Mines Shea's Winnipeg Brew class A Sheep Creek Gold Feb 28% Jan Mar 14% 1 A Rouyn Ltd 14 ! - 20V2 Mar ; 83,579 3,300 30 - Jan 75c 95c -99 . Jan 8 .• Canadian Marconi . "■ 140 Jan "Jan 48% Mar 2,600 16 ftc 9ft I—10 ; 13ftc Jan 7ftc Mar 6,500 common k . Jan 1.00 7 ftc —i B • Feb 1.00 60c 6%c 3,440 1,125 Mines Miller Jan 1.00 30c ... Bhawinlgan Water » Mar 6%C i Shferrttt Gordon Sicks' Breweries 1.71 28 34 26 52 ■ 19% Mar ' 28c A ' Preferred Feb 17 ft Jan 8 , 1 Winora Gold Mar 76c 4c class series Feb 85c 54 mil ^ 82c 47 ft Mar 1,000 16 ft 1.87 3.45 Mar Jan 6,200 4 ftc II Lac River Gold 8annorm Vs.-i 88c 4c common Antonio Gold 8ilver 15,400 47 3%c „ Silanco 74c 3%c preferred 4%% 69c 4ftc St Lawrence Paper 1st pfd__ 2nd preferred Benato* 3.00 Mar Oils Co Bank Scarfe 13,225 44c 4 ........ Russell Industries 8an 3.45 1 Saguenay Power preferred St Lawrence Corp common.. Sand 3.00 68c Feb Jan / 25c (G & W) common. A Weston 12 ftc Mar 42 ft Mar Jan 35c ~8 Friday _. Royalite Oil Roybar Chlbougamau Rupununl Mines 2nd 3.45 Feb 46 ft Jan 59c" 27 ftc : Western Grocers class A Jan 3.45 1 Ltd Rochette Gold Roxana 1.95 3.15 Jan —73c Long Royal 1.77 Mar 1,100 1 A Roche 7ftc Jan 9,232 9ft Gold Robinson Little Class 53,700 .... Regcourt Reno lie 74c - Western Ashley Minerals Western Canada Breweries < 6.05 14 97 Mar',';: Mar 1.84 III Reeves MacDonald 29 3.25 21% Ltd Quinte Milk class A Jan 1.77 -40 Quebec Manitou Queenston Gold Mining 27 3.20 .100 .____ Preston East Dome Prospectors Airways Purdy Mica Mines Purity Flour preferred Quebec Labrador 125 80c Voting trust certificates..: Corp Power Pressed 29 Jan Amjilet (Hiram) Westeel Jan 3.25 46 ft Powell Rouyn Gold common Quemont 10c 7 34c 63c 1.77 Mines ; Oil Porcupine Reef 29 10 ftc 29 ftc Feb 46c Feb ^ -1—— Wesley Mason Mills 5ft% > 5.80 - Oils Class Jan 3.85 Mar/; .1 Mines Wekusko Consol 3 ftc Mar 30c ^.40 Mar Feb 235 •1 32 30% / 11c 7,000 V 7 5.80 • Waterous Ltd ■ -€% / 14% - -•6,750 :.ii 19c 20 ftc 19c Feb 50c, , : Jan 15c « -i - Jan 45c '-Mar * 15' - . Jan 94 Jan 9c 26ft 235 21 -Mar Feb 12ft • 25 Va • 25 105 4.00 Jan 24c 4,639 - Jan 12 -1,000 27 ft 3.75 ; \ Jan > •; 6% ■ Feb Jan 1 Photo Engravers Piccadilly Porcupine Jan ■ . Jan Mar r 1 Vulcan Feb Jan Paymaster Consol Gold 28% 21 11 7c 12,450 - Mar 1.36 10 34 10 3/4 Mar ; -'■6,700 - 25c : v:;v 173 V < . Mar Jan 51,870 ./V;/' 45c v 167. 4,563 ■ Mar hi 9% Mar 3,240 :v-"V 60' Feb 19 ft Mar •12V4C Jan 50 Feb ■11c Feb ■>- 1.09 Mar i Jan 3.30 Mar ' Feb 35c '110 ^ Feb 6c 17 3,600 54 ft - 3.75 4.00 - Mines Wabasso Cotton , 6.15 Mar Partanen Malartic ... 54 ft • 200 - 11c 28% 27 . Manufacturing. Violamac : Feb 1.23 Ar 28% _♦ * « Canada Viceroy .» Jan 44ft ■ 11c 2.92 ' 50 v 18ft/ 18% • _• Vicour . 19 ftc Mar Feb ; 17c " -'•5> 30c 25 Ventures Ltd Mar H 8 1.00 Mar 14c 5.25 Hide "V 13c Feb 1.09 Ltd. Upper Mar 5.95 Z. Hill United-Bteet v • Feb 135 14ftc 47c 20c . ...50 Oils '; 25 _• ■_ Jan United 43 1 Hershey Tubes! Pamour Porcupine Mines Keno 13c 1 Page United 135 5ft preferred ' Class B preferred ; Jan 43 A1 Mines Petroleum Jan A Jan 5,000 ■ ft-'' 94'/2 45c 18 ft 27 FueL class Jan lift 6% Mar 10c 7 ftc Osisko Lake Mines Jan 135 12C 1 ; Mar : 1 ______ 2.05 6 20c • 31 36,050 32 v lOftc Mar 10% Mar - 30% • ^ Class B Jan —100 ... Orenada Gold ' 47c f _* Onion Gas— Mar 4 ftc 94 . ' ' Jan 28 ft Mar 5,450 34c / 29% : Mar 5c 3%c ' 1 ___^ Feb 63/4 3%c 100 •; Transcontinental: Resources Jan 1.89 24c - 30% Union Mining a i •; United Corp class A_-__.<__„___.2> 20c -.1 31ft i 6% 1.74 28fth Jan 1.45 13,608 ■ 8 ftc • Feb 3.10 Mar 50c '70 11% 7 ftc _______• 11% 1.79 Mar lift 7c 1; 4 ftc Feb Mar 3c Jan 100 lift _i A_jl__ ; Jan 1.79 lift Jan 2.31 Mar 5ft 1.66 170 lift 3Vic 40c ,? Jan 11 14 ftc V - 10 170 1 class B ; 2.99 Jan 11 ftc Mar . 23c 10 Feb Feb - 1.19 1.09, • ; 21C r : - 44c - _* 9ftc 6%c Feb 10 \Jan 21c 1.09 ; / Feb 20c • .1 , 19 ft 39c . if 11ftc Jan 6% 19,985 ■; Finance Class Jan 4c 7c _i i_ Tower Petroleums Jan 2.80 6ftc Feb • ; a: A 39c Feb Feb 7c 2,000 3.30 ft 19 - - ■v 37,667 ^ 8ftc -8 ftc Towagmac Exploration ■t 3.20 3.25 Mar 3ftc 70c 1.85 • ... Oils Polaris _i - _1 Toronto General Trusts Toronto Iron Works commdn. Jan Feb 19c _/> _• United Specialties Preferred 7i 66ft Jan 4,500 7c 8c Wood Orlac Red Lake 18c 7,698 32,000 1,210,250 8c ...i Mines Western 1.18 v: 10 Gold 10 Feb 21ft 4 % Mar 4c .1 Feb 2.25 100300 Jan 22 5ftc Mar 7,525 Feb 17 ft Mar 4,000 45c 500 Torbrit Silver Mines.. Jan 20 * 16 ft Mar 16ft 21 2.97 V • -i Toronto Elevators Feb 60c Jan 55c 60 ftc • O'Leary Malartic Omega Gold Omnitrans Exploration Pan 69 ft —1 _ Mines.. Ogama-Rockland Pacific 1.00 Mar 2.60 ' Osulake 710 2.50 Mines Ontario Steel 52c 3c North Star Oil common... Okalta Jan 2.58 North Inca Gold Oakville Mar 63c 5 ftc 5 I " 21 11 River Tombill Mar 2,330 2.65 Toburn Gold r__„___. 1 75c 20 ft 11 1 _ Mar 250 2.54 1 — V Feb 6 20 2.60 • Mines 33 Feb 13,421 4.75 - a Gold Jan Jan 434 75c 10 - 13ft 27ft 5ft c .1 preferred / Feb 170 17 ft 21 Feb 10 Jan 600 • 63c 20 ft Tip Top Tailors . Mar IIIi Mines Gold 9c 4c 68% 60c : a 8% Jan 1,910 ■ 17 common Tamblyn Ltd common (Pearson) preferred. Teck-Huglies Gold Mines Thompson-Lundmark Jan 17c 119,575 ■ 14c ...l * O'Brien 9c lOftc Feb 1.05 1.05 / 4c Jan 3 ftc „_1 Mines Northern Canada Mines ; 100 10c 53c Taylor 9ftc Mar 2%c Jan 40c Jan 17c 3c 48c — 3c 7,000 81,700 9ftc 68% *_ Norlartic Northland 1 5%c Mar • t Normetal Denison 8 ftc : —1 Norgold Mines Norseman ./ •. ' North 50c • - 8c 8c 14%C —1 Corp Norpick 7ftc 8 ftc —1 - Mines Noranda Mines ' " —— III Merger.. Yeliowknife Nortion — Oils Nipissing Mines 1 Mar 50 10c 51c Jan Nicholson ; 50 50 10c 52c • Surf Inlet 84c Nib ' 48ft Sudbury Contact 47c New ' Mar A Sullivan Cons Mines Superior Oils Ltd 70c New 1 Mar 38 • Feb 42c Newnorth Gold ' 83c Feb 25 Jan 70c New ' Feb Jan 32 ft Mines Mar 44c New ' 36c 67c 180 .1 new 7c Feb —1 Newlund Mines ' 31c Mar 22,200 100 Press —1 Goldvue New ? 5,750 80c Sterling Coal Taku ' 32c • Steeloy Mining Steep Rock Iron Stovel Jan 37ft preferred Jan Jan Jan 100ft 77c Gold of Canada New New * class 9c 7ftc Mar 3c Olsen Feb 29 Feb Steel Radio New Dickenson Mines__ 4 31c 98 ft Mar Feb 41ft .10 (Wm) 865 37ft Stedman Bros 22% Jan 22% Car 99 common 11 41ft A..:— Mines Neilson Standard Chemical Feb 11 39c Pipe class 98 ft 27 Mar * 22 A 98% High 30 24 • 23 class _____ Petroleum 1,105 50 28 .20 Hosiery Class 24% 78c Mines Jan 9ft 24 ft 37 ft Brazeau 11 10% common..^.. Preferred National 37 24 ft 263/4 Mar __1 27% 11 Grocers Mar 8ft Mar 695 Standard Paving common Preferred Preferred National 32 28 ft ...20 _ common Preferred South Low 28 1 Malartic Range Since January 1 High 28 ft 100 Gold Stadacona National Breweries Low Shares • Preferred Jan fV /or Week • B 3.00 1,G96 Sales Range of Prices Par Simpson's Ltd class A 76% _ Mines 34c 36 ftc 3 21% common Brass Mylamaque I _ Week's Last Sale Price Range Since January 1 High 4.75 9ft * Monarch Knitting common Moneta Porcupine 31 Friday Shares - Works Monday, April 3, 1950 MARKETS MARCH ENDED for Week of Prices Par Tool LISTED WEEK FOR CHRONICLE Sales Last Sale Price Modern FINANCIAL 6.00 Jan Mar Malr « Volume 171 Number 4895 THE COMMERCIAL & FINANCIAL CHRONICLE (1391) 39 OVER-fHE-COUNTER SECURITIES Quotations for Friday, March i! 31 Investing Companies Mutual Funds- Par Affnfn>eriIC-p!inrieTn?tle-S Fund Affiliated Amerex Holding American Axe-Houghton Fund Fund Beneficial Blair 10 Business Shares Xnv 1 , 10 Home 23.31 Net value. asset 10c Paper 9.09 16.95 „ . 1 r~. 100 4.470 Preferred —_—100 Commonwealth Investment Fund Dividend 1 Shares Eaton & Howard Stock 1 Fund Inc_„ '■. Bond : 10 First Mutual Trust Fund Corp 1.98 32% X5.32 Preferred series Fundamental lc series stock stock lc Investors Inc 6.06 General Fund Capital 13.00 1 1 14.86 Securities— 16.43 14.19 15.23 15.36 16.83 16.87 18.24 1 54.01 / ' 1 9.72 es Aviation 1 5.02 Agricultural shares ' 6.36 lc 6 12 shares1"—lie Building vT65 8.39 Chemical shares lc 6.65 7.29 Equipment shares.lc Electrical 10.38 lc 5.02 7.31 7.71 Industrial Machinery shares lc 7.16 7.32 ,7'f5 8.31 o'ol 8,84 ,—^ lc * " 9.44 Low Priced shares... Merchandising shares Mining Petroleum shares Steel 10.40 ? fe slOC Tobacco r?ii 7,i® V y Howe Plan Tn«fitrfionni Aviahon 6.82 8.30 11.46 '3.56 4.96 5.13 f< 6.23 qX 0.83 i 5.45 4.67 _—-i« 5.17 * • 3.92 7.4.71 -_1 g. Bank 4.52 i; «ji I Group Insurance - .Republic shares lc Group shares 79c lc Investment Trust of ,1.22 12.47 13.67 10.06 8.20 X14.96 Keystone " Custodian Funds— 15.28 ; 1 27.55 28.81 B-2 1 X23.75 25.91 B-3 (Low 1 17.26 18.83 Priced Bonds) (Speculative Bonds) r; 1 10.00 10.92 1 16.02 Pfd Stks)_l 23.40 Stks)_l 30.01 32.73 15.60 Appreciation S-l (Quality S-2 (Income Stocks) com S-3 (Appreciation S-4 (Low Priced Knickerbocker Lexington 52.43 12.04 na 22.32 21.04 1 6.06 6.64 57.00 Television Fund luc. n^fnRn^ri —--1 ^rfp^A Ennri |JgJjJ g Stks)_l X12.29 Stks)„I 5.01 5.47 1 4.94 2.49 Fund Trust Fund Dated Bid Ask bl.35 1.15% 9- 1-49;, 6- 1-50 bl.35 1,15% 1.30% 10- 3-49 7- 3-50 bl.35 1.15% 1.30% 3- 1.30% 11- 1-49 8- 1-50 bl.35 1.15% 1.30% 4- 1.30% 12- 1-49 9- 1-50 bl.35 1.15% Bid April April April April 1 10.88 10.90 13.41 North Amer Series ,,2.72 Trust 2.22 2.52 I Series 1956 , Bid: Ask ; ■ P»* Jersey Insurance of N Y 25 74V2 >10 25% 27%: 51% 54% 98Va Home 5 America 2.32 Newark '"17- 26%-. 2 Va 15.78 18%.; f 28 5 4 Casualty National Fire 25 61 63% National Union 62 65 New Amsterdam Hampshire Fire. -59%' :— Camden Fire 5 Connecticut General Life 10 j Continental Casualty J___.___10 & Forster Inc..—.—10 75'': New York 24% - North 78 r." 19% 20% 26% 113 76 10; 80 5 21% i f; 27% 119 17 of ' 2.50 —12.50 : 65 Bremen's '' 47% 140 ,-89% 1 51 Fire 5? 10 - 42% 45 10 f Fund of "< • 251 fireman's > 2 % 40% 10 Indemnity Co 66 V2 . k; 39% Peerless Casualty Co Phoenix ♦65% Newark Casualty 37%', Pacific 10 ' Fire__~._g.^.,.5 40%' 10 General Reinsurance Corp Falls ; Northeastern Ins •/*.*-. Bid Ask Par Co 3.33%. Fire — 69%*- Accident -57- 92 Va- Reinsurance Corp 22% Republic St ,• 5;- Providence-Washington 69 Paul Bid • 10 • £ Par Chicago of the Bank of New & Fifth Manhattan Co-10 335 10 Trust Bank 15 101 »/2 37 42% 44% 51% 53% 6% 7% ■ (Texas) : 2 10; Fire;;4r Marine—...12 % 100 Trust „nr(t,ora 215 225 . National Harris 39 10 & Trust plrst 152 98% . x, Tr,,«t 11 u. National Bank & Trust__33% 473^ 147 20 Bank , SlSSSS SSr 350 45% 100 National Chemical City Natl Bank & Trust _ 100 Central Hanover Bank & Trust 20 Chase 27% York Avenue Bankers Trust Brooklyn 26 V8 Bank & ^,V1, 01 ^, 93% 91 100 239 100 „n Northern Trust Co 231 335 350 1Aft Savings . ^ cnn 100 625 600 , Co. Cleveland Central National Bank C°oruntyXT?u?tgeCoaDk & TrUSt"2° ^ 36 50 107% 32% 30% 32 < 345 National City Bank 23% 10 20 100 16 36 37% 10 38% 39% 360 f 110% 21% Trust Co 38 10 Cleveland ^ 16 Fiduciary Bank & Trust National Bank 100 29 100 1,495 20 56% City Bank York 12% Trust ,272 39 83/2 85% 48 92% 42% 94 ™ \ 25 & Trust Trust 12 100 7% _ 20<> 65- 62Vx 8% Bonds— Bank 663 Bid Associated Tel Oregon 2%s 1979 Power 1974 2%s—1979 Central Maine Power S'/sS—1979 Chic Rock Island & P&o 27/8s of Amer N T & S A— New common 6.25 z27% 28% AsR 102% Stocks (Continued)—' Conn 103% 105% 106 103 ' 83 4% 103% 4.28% 102% & Delaware 103 Power Surety Security (New-Haven) Republic = —5 Globe & Rutgers Fire common.5 2nd preferred .15 13% 14% Springfield Fire & Marlne____10 45% 17% Standard 37% 96- 99- 30 % 31% 3.90c 52% 53% pfd_30 37% 38% 104% Kentucky Utilities $4.75 pfd-100 Maine Pub Serv $5.50 pfd Service Co 2%s 1969 102 102% 103 Va 104i Y State 4%% Indianapolis Pwr 81 Lt 2%s..l979 Kansas 1st Power 81 Light— 27/«s pfd 104% of Indiana 3s„1979 104 105 Tenn Gas Transmission 38—1969 103 103% 101% 102% Penn Pwr Corp 2%S—1970 preferred Hudson 100 103 ... 19% 104 20% 107 108% Ser Bid Lgt. 4%% pfd„100 (Colorado) 4.40%—100 129 $4.75 preferred series G—100 81 130% Island 108% Elec— Diego Gas & Elec— preferred 4.90% 106% • * 106 Gas 4%% Ask 28% 107% 107 Staten 105% 8t 28% pfd_100 San Par 100 1949) Pub Serv of Okla 4.65% Rochester Gas (series $4.80 redeemable 1st pfd—_25 101% United 20 Gas— . 105% 101% Serv & Pacific Gas & Elec Co— 1979 mortgage Elec 53% pfd—50 105% N 52% 106 Edison— preferred -20 22 - -22% - 100 106% 108 100 108% 109% 39% Great 100 103% 27/«si Ask 56% 47% 15% Electric Bid 55% Light— 104% 103% Seaboard 53%i 81 preferred 1979 $4.25 32% ♦ —• 1984 Power Blackstone Valley Gas & Elec— 51% Par pfd Duke Stocks— 33% $2.20 Conn Lgt & Power 2%s 35% 7% Pwr Iowa Southern Util 5%% k_, 5% 33% 99% Lt $2.04 preferred Pub 30% & ... American 1 . Hanover H«rtford Hartford —.5 ^ '' Fire rp Steamboiler 33% 35% 10 118% 122% ..10 38 40 10 36% Central 56 10", 10 t 38% 4.75 % a ; Travelers U 10 Accident : S U S U. S. 100 Fidelity & Guaranty Co__2 Fire 4 Guarantee.™. Westchester Fire 10 2 J Security Issues RR— 1980 Public 18% 10 .... • _ San Francisco 8% 633 , ^ United States Natl Bank 97 States 20 ^r?hNai'°,na' 3a"kD-~r—12& 44% Guarantee Trust & Portland 278 46 89 Vi 25 Bank & Trust_17% Nat'l 300 37 58% 100 285 Bank 43% Co 295 Mellon Nafcl Bank & Trust„_100 Peoples First National 1,525 Co Inc , Farmers Deposit Natl Bank—100 32 41 % Trust P) 310' 25 81 (J „ Pittsburgh 1,300- 301 10 National Bank of Detroit 34% 100 1,240 Irving Trust Kings County Trust Lawyers Trust n,fr„u ^ Trust Niagara Mohawk Pow 2%s_1980 7% • (N Y). Companies Ask York .. ...5 Globe f 1.10% 1.08% Hartford 32% 65 38% Fidelity & Deposit of Md Fire Assn of Phlla... ' 9% 63 37% 71; Frisco 25% j 71% 10 Glens . bl.15 bl.15 Recent 20% 54% ' 63 , • June 29, 1950—. 1.06% 18, 1950 37% 8% ■> 35% 10 • 10 RiverT" Preferred ■i 1.10% 8, 109 ft 30 '68% Federal • 1.08% bl.15 bl.15' 55 (Detroit)„I0 f-' 30% Northern Pacific . bl.15 1950 11, 1950 New Gas ••62% 23'/s Employees Group Assoc.. Employers Reinsurance ; 1.08% 1950__ 22, Calif Assurance National 10 Crum 35% 7; 105 i: 17%- Boston < bl.15 15, June 32 Fire 21% ( , 1950-. June 1.06% 32% 108-'- ' June 1.04% bl.15 Merchant 33% <25 , 1.04% bl.15 4, 1950 Beil Telephone of Pa 3s 20% Bankers & Shippers.:—I < t) 10 . 31%* , •v bl.15 27, 1950 United Prior 10 _~__10 Ask 1.08% 1.08% common 1^ 19% preferred .10 52 $1.05 Convertible preferred._5 i 24% Massachusetts Bonding __5 £* 30% $2.10 New j \u Bid Ask Maryland Casualty American Surety Automobile ;— Treasury Bills bl.15 National Bid 20 Merchants & Mfrs American of 1.25% bl.15 77% American Re-Insurance bl,35 Ask Banks & Trust Title Insur Co of North American Fidelity 81 Casualty__5 2-51 1950-. Morgan I 64 _5 1.20% 1- I950_. Sterling National 63 —4 1.20% bl.35 1, Manufacturers 4.02 * 1 62 Automobile Casualty American Equitable Assur_. bl.35 1-50 25, Federation 4.01 1 1 60 American 1-50 12- May Industrial Bank of Commerce Shares— 10 ( American 11- 1-50 JUne 18.38 8.50 1955 10 J 1-50 3-50 2- 1.00% 19.78 X7.40 Independence Trust Shares 10 j 1.15% 1.02% Guaranty Trust Life Alliance Ask bl.35 bl.15 no 2.50 Casualty & Surety American Bid 10- 2-50 bl.15 (White Plains, N Y) Empire Trust Unit Type Trusts— Series E Insurance ! 1.30% Due 3-50 1- 13, 1950 20, 1950 Stamped Diversified Trustee Shares— Aetna , 1950 6, May May May First Aetna _______ Dated 1.30% Continental Bank 81 Trust— I'll 3.70; 1 Wisconsin Investment Co Aetna Agricultural Rate United States 11 1 "11? * TnvpetmpntTui Insurance Companies j Due 1-50 Public 4 .9790 5- New Par 99.9641 1-49 Trust ^'Jo ion?' }X«i ?a Hn S E^Rha ri—1 ^11 —1" wplfir Jton F^md' 5.41 25c com com 1 .9894 1, 1951 Commercial National Bank 81 18.37 rnmmAn^fon^Ti'nn^—1'< wKrnnsin 81C * *9901 22.01 1 ^ f 12.81 li" °i series n 17.03 K-2 99.9794 8- Bank 52.43 ^nf"nn«tn; 25.52 common (Income pfd Stocks) f 2.71 17.48 K-l ' ^ J?*™?t 8.99 ' Bonds) (Medium Grade Bds) B-4 1, 1950 n%s Jan. 100.5- 1.35% r ; v. > i Shareholders Trust of Boston__l 10.93 Boston—1 (Investment .0263 $1%s Oct. Federal Intermediate Credit Bank Debentures Rate 17.09 10.11 V 88c" 1.11 Investors Management Fund—1 B1 .0290 100.0081 99.29 100.4 22 o'aa 2.48 1 Fund——1 » £ Investors 1.93 / 26 H '2 ■ ?'< ILo 25.06 9.23 Stock and Bond Group__.__lc Investment Co of America 1 15, 1955 4 3 fa 1 — Sovereign Investors Group shares__.__lc 01/ com._10c ^ 4.85 1.78 23.18 5- .0223 100.0216 12.56 lc i- 100.0158 1, 1950 tl%s Sept. 15, 1950 9.10 Ttri_ fibnrpc 6.15 6.22 lc Inc... 9.53 coo 2.78 Investors 18.06 12.12 1- 8.71 lc Fund . T: 7.95 Income Foundation Fund.—10c 9.16 Steel *ooacco Scudderi stevens & Clark Incorporated t i*': rmnTm^T 12.02 liHo !, 11.06 f'Z? i —* » !2o? 19-97 - Fundti-1. mnw. 11.16 Railroad equipment ——l— 2.52 TTtiHtv «:hnrp«; J ir Utility shares ...——lc J?'?3 8.87 r shares 1, 1950 U%S July 100.1 99.28 14.28 5.32 ' shares l%s March 1954 $1%s June 100.1 100 12.89 U n? 1 -r , 6.35 lc stock 15, Ask Indebtedness— 4.65 8.09 lc shares March Bid of 100.1 100 1951 "C" wl 9.69 4.84 —lc Equipment shares Railroad 5.79 * lc Maturity— 100 1,1951 11.40 J *. l%s "B"_ 12.29 ■ —l1- 9.45 lev* „—lc shares Railroad Bond Shares RR '8.62 100.6 11.58 9.91 Investing Company shares—lc- 12.68 11.21 —i—~H " 7.85 Institutional bond shares shares Ask Certificates 1951 10.92 1194 - 8.45 bond 100.2 1957-1955 a 1.35% 17.16 6.68 _l-f. 8.01 .lc General Bid 1 1%s Oct. 7.17 4.36 9.96 —-1;: —— 5.51 Fully administered shares—_lc 1, 13.09 11.37 shares l%s July 4.01 _ -—*-> Maturity— Treasury Notes— 5.19J x15-96 "* Diversified Investment Fund_l>* / 102 4.72 ^versified preferred stock_1 r 6 71 7.72 100.2 101.26 _ 7.38 ?or»orate bTon? series.—...1 - 10.91 £ Vers£e2 Jndusftry ,434 6.98 _ Oct 99.28 1955 1953 7.11 c'Zc Inc— 9,hemxc&} 7.04 lc Aviation shares Food I: —lc ___ Automobile shares 7.53 >«. i -Builaing supply 5.43 Securities— l%s 1, 99.25 100.5 119% 1953"1951 Feb. Ask 99.21 3.21 \ > Group 10.51 series 58.08 „ General Investors Trust 100.2 Bid 1950.1950 1952-1950 U. S. Certificates of Indebtedness l%s July 1 » —1 7crT^n,,f aHKISif Automobile 5.85 1 Corp 15.20 r 2 Inc 14.16 13.98 *• t«» 5.34 , y Dollar Price Inc.l 6.64 . Industries Gas " 2f«J5?—'—\ S'JjS pr1„S1 x3 99 Jl'al Com Stock Series 1 5.91 Franklin Custodian Funds Inc— Common 30.64 Fund Fund ®Ze °®ye.5 2.17 30% 1 8.18 10c , 4.22 29.85 Mav /4 V/'s Jan' 118% point a — 4.51 7.46 interest„l ; X28.34 2nd ly.c 2%s - i 4.56 4.09 £ 19.74 4.01 — Boston 100.2 Issues Central Bank for Cooperatives— l%s Feb. 1, 1953 Panama Canal 3s 1961 32nds of more 4.36 4.14 —————————I-j;,1 x6.89 Priced Bond Series 1 x6.51 Preferred Stock Series 1 6.75 Income Series __1| 4.32 29.50 18.47 Inc.l 100.2 100.1 or Federal Land Bank Bonds— . 3 95 National Investors Corp National Security Series— i' 27.61 Fund First Nation-Wide 1.73 . 5 Industrial 100 1951 one Ask 3.31 lc Fund Inc beneficial Balanced 20c Fidelity Fund Inc Financial 6.33 27.59 - 1 — Fund •. 3.0Q Fund of Boston Inc Mutual Invest Fund Inc 15.80 » 3.69 <4.14 Mutual 22% 1.57 of Mass Investors 141 5.82 . . ctfs „i8l5° . 207/8 25c 4.47 3.75; lc ; Bond 1950 Other lc shares shares Manhattan 4,620 .14.37 —I. — Balanced Fund Equity Steel 40.07 136 Consolidated Investment Trust_l Delaware 26 4.19 Bid Mass Investors Trust— 37.27 ™ com 3.85 3.80 lc% shares Petroleum 18.32 21.40 , Century Shares Trust Christiana Securities 9.10 •' 19.53 3.49 lc Non-Ferrous Metals Bowling Green Fund Inc Broad Street Invest Corp—5 Bullock Fund Ltd 1 48*37 15, 15, 48.37 - shares_lc ' Furnishings shares 1.35s Sept. l%s Feb. ->7 GeSeXn&TaSllc [ 3?t' 103.25 21.56 ^ tc\ shares Business Equipment ' 33.31 3 in Automobile 2% 98.26 Asspt- Value1) 6.8 2% • Federal Home Loan Banks— Man^SSpi7drle) 8.84 16.86 1—1 . America Inc <Npt Figures after decimal represent Ask • S"ayles Second" Fund-" ?' Loomis 8.18 6/8 Bid Fund— (Net Asspt VaIupV 4.22 .15.51 Par Loon:is Sayles Mutual 36% 1 1 Tr of Fund S 4.58 3.90 Obligations Of Government Agencies Mutual Funds- 5 B Corp Holdings Corp Bond Boston a 35 1 Inc Ask I'll 4.23 v 1V4 Corp Axe-Houghton Bid 463 478 53% 55% 68 71 78% 82% 22 23% Gas 81 preferred Elect 100 Tenn 105 Gas Transmission— $4.65 preferred - Odd lot sale (not Included In year's range)., b Bid yield price, in year's range), e Ex-lnterestj■ fFlat price, k Admitted d Deferred delivery sales (not to listing on N. Y. Stock Ex¬ trading N. Y. Curb. rCash sales (not included in year's range), tExliquidating dividend. (Un) Admitted to Unlisted Trading privileges, wd When delivered, wl When Issued, x Ex-dividend, y Ex-rights; z Ex-stock dividend. included change. nAdmitted •No par value, to fin default, tThese bonds are subject to all Federal taxes. <> > 40 COMMERCIAL THE (1392) CHRONICLE FINANCIAL & Monday,! April 3, 1950 Week Ended March 25 THE COURSE OF BANK CLEARINGS Bank this week will show an increase compared with elearings Preliminary figures compiled by us based will 1.2% be those of the corresponding week last year. above total stands at is for the week follows: summary 1.3%. loss for the week ended Friday of a 'x X;r' '■ April 1— New York >■-J::. 1950 < Boston 9.2 2,968,905 3,153,031 1,114.000,000 935,000.000 + 19.1 773,000,000 865,000,000 2,721,316 2,222,469 __ York Delaware—Wilmington 12,956,466 5.908,196 cities) (11 District—Cleveland— Reserve 6.339.696 181,968,596 314,552,775 318,454.427 Columbus 36,279.000 32,670,500 0.1 Mansfield 4,945,838 4,580,444 4.3 Youngstown 6 416,916 6.823,562 349,786,079 344.858,215 906.900.525 895,695,440 251,700.000 296.834.000 + Pennsylvania—Pittsburgh 6.3 Total 293,756,604 + 9.1 298,268.605 + 177,705,262 (7 cities) Fifth + 4.7 + 2.092,391 10,612.000 122,771.755 South Carolina—Charleston 3,096,596 Maryland—Baltimore District of (6 Sixth Federal cities) 20,922,166 •'. $ York- New 3rd 8,337 963.424 Cleveland 2,747,264 188,879,434 59,534,226 56,927,464 406,096,095' 1.9 + 380,076,646 13,139,809 16.915,730 + 30.6 67,053,745 + 17.2 59,136,244 50,389,337 + 0.8 224,700,000 3,519,322 195,600.000 12,329,480 3,623,941 2,811,206 78,170,769 104,921,273 5,549,547 93.808,768 + 11.9 92,348,299 85,218.422 5,537.447 + 0.2 7,007,938 5,441,943 365,013 301,402 + 21.1 337,724 288,827 141,166,723 135,380.459 + 4.3 98,669,364 121,720,222 718,345,328 663,489,782 + 8.3 585,446,391 556,904,431 — Mississippi—Vicksburg Louisiana—New _ Orleans- Total (10 cities) Seventh Federal I; District—Chicago— Reserve Michigan—Ann Arbor Grand Rapids Lansing Indianapolis South Bend ■ 48,658,000 5,421,788 . - 2,897,584 2,329,869 69,488,316 63,003,069 3.540,674 23,562,065 City 2,543,325 — Chicago—, _ '1947 $ $ 7,982,820,156 + t X + 24.4 10.3 58,124,190 49,532.074 5.8 3,492,513 3,547,639 5.2 25,407,453 30.779,379 6.6 10,563,763 8.3 746,749 1,028,781 7.6 624,616,251 703,136.444 7.9 + 1,892,727 2,497.915 — 13,261,237 9,413,163 ' 4 » . 8,285,540 8 895.024 3.809,889 + 19.1 3,626,917 3,879.020 2,537,914 X, — ,- 9,297.048 4,538,589 „ 2.849,532 —10.9 2,396,994 2,659,936 7.2 805,265,244 882,703,525 / ; 1.2 ■ 846,591,037 907,752.249 J- 7 " 908,900,525 895,695.440 .+. .1.3 790,931.500 702.184,958 6 " 435,690,902. 427 582,085 + 1.9 406,096.095 " 718.345,328 663,489,782 + 8.3 535,446.391 + " 907,752,249' 846,591,037 + 7.2 805,265.244 8th St. Louis 4 " 497.932,297 'X 500,647,215 — 0.5 465,378,377 " 381,129,457 382,113,720 — 0.3 310,489,518 314,832,659 10 " 463,131.999 451,705,002 + 2.5 445,927,838 1,655,256 1,491,845 497,932,297 500.647,215 Illinois—Quincy 417.488,437 7 95,727,263 421,176.650 1.7 273,900,000 232.400,000 6.2 110,793,847 79,182,018 101,004.o83 6.0 + 11.0 1,502,512 82,564,421 1,519.333 0.5 465,378,377 417,488,437 — + — 882,703,525 9th Minneapolis 121,828,107 89.950.985 556.904.431 17 281,600,000 129,426,056. Tennessee—Memphis— 380.076.646 10 276,900,000 Louis Kentucky—Louisville :' 895,847.840 . 4,711,031 Eighth Federal Reserve District—St. Louis- 968,642,356 804,759.632 41,369,000 5,621,684 ' 1,153,482,032 9.1 T 4 372,929 41,383,000 2,357.687 —————. 503.677,681 7,920,405.928 4,259,934 0.9 645,561,901 Des Moines Illinois—Bloomington 4.8 + 917,057 Iowa—Cedar Rapids 4.266 663 + 12,030.050 - 7,904,787 + 33.2 27,162,227 12,826,388 992,712 X 694,807,213 — 861.666 8,730,973 4,817,321 2.4 — — 4,687,574 1,299,235 1.5 5.5 + 8,957,676 5,031,810 3,335,453 Terre Haute Wisconsin—Milwaukee Sioux 975,186 7,220,240 ———; ——————— Indiana—Fort Wayne ) - 998,276 8,823,783 4,755,835 4,911,393 49,100,000 — Rockford " — 3,006,955 212,781,083 2,751,086 Total (17 cities) 528,650,529 6.2 +27.3 6,589,504,273 0.3 2.2 + 19.6 — — 84,646.934 in 11 Philadelphia 4th " 12 8.903,000 120,443,776 4.3 Missouri—St. 2nd 2ft75,708 9,985,000 118,225,274 7.3 decrease a 1948 Dec. % + 2,563,557 3.1 .0.2 + — + 1S.0 j " ' 7 Inc. or 540,462,155 —11.8 + ••• $ 702,184,958 238,400,000 Peoria 1949 . + by Federal Reserve Districts: SUMMARY OF BANK CLEARINGS 427,582,085 4,142,478 Springfield—: 573.709,322 790,981,500 2,949,163 , w 12 cities 1.3 3,859,762 and in the San Francisco Reserve . Reserve Districts + 3,587,649 78,604,915 Decatur 4i850 264,333,255 We group the cities gain of 20.2%. in the Dallas Reserve District of 6.9% Week Ended March 25— 255,648, 678 100.183,30G increase of 16.8%, the aggregate of In the Kansas City Reserve District there is . 1.4 3,074,627 smaller by 0.5% and in the Minneapolis summary 4,800,257 + 119,198,586 i a 5,329, 323 Alabama—Birmingham the week — In the Chicago Reserve District the totals are larger by 7.2%, but furnish 23,830,200 4,669, 944 6.0 240,400,000 . Macon in the Richmond Reserve District of 1.9% and in the Atlanta Reserve Dis¬ we 27,638, 400 8.0 + Reserve District—Atlanta- Augusta— In the Cleveland Reserve District the totals show an improvement Reserve District by 0.3%. + 11.0 — Florida—Jacksonville below (including this city) the totals show a gain are 67,561,274' 435.690.902 Nashville District of 6.2% and in the Philadelphia Reserve the St. Louis Reserve District the totals 221,159,734 80,836,826 Georgia—Atlanta according to the Federal Reserve Districts in which they are located and from this of 27.3%, in the Boston Reserve 250,598,177 ' Outside of this city there was a gain of 13.7% the it appears that in the New York District 150,047,007 306,971, 607 the week as available at time of going to press. a 3,105,455 : 216.186,494 Co'umbia—Washington Total statement, however, which we present further having recorded 2,371.867 10,942,009 122,536.586 Richmond 1.2 inasmuch give final and complete results of the week previous bank clearings at this center 185 008 184 1.2 Reserve District—Richmond- Virginia—Huntington Virginia—Norfolk 3.2 + Federal West 2.0 — *701,404,548 We cannot furnish them today, 153,748 in the same week in 1949. 4,988.413 5,625, 364 3.9 + — + 11.2 2,391,500,820 was an 7.2 — 3.4 $13,965,640,801 $-3,802,437,601 For that week there / + - $13,357,065,298 $13,101,033,053 — detailed — 895,847,840 438.491,314 clearings for the whole country having amounted to $15,530,066,371 against $13,291,- Federal 804,759,632 189,038,267 Mobile 1st Boston 9.1 224,243,010 Accordingly, In the above the last day of the week in all cases has to be estimated. following + 1.9 1.4 ends Saturday and the Saturday figures are not the 4,874,'391 968,642,356 5,831,650 Tennessee— Knoxville In 3.734,652 7,849,485 4,193,584 + 608,575,503 issue of next week. District 8.1%. 3.794,719 2.682,332 4.4 Cleveland Complete and exact details for the week covered by the foregoing will appear of 2.5%, 2,165,489 + 10.5 . + Cincinnati "v Total all cities for week trict of 8.3%. 1,861,481 5,658,163 3.7 2,502,805,675 — Total all cities, five days of 1.3%, 3,830,874 4.4 8,064,097 + + All cities, one day District of 9.1%. 4,717,667 12.1 577,735,483 $10,854,259,623 $10,709,532,233 — Other cities, five days ending March 25. 3,197,446 + — .+ 909,000.000 197,668,265 Baltimore able to 3.6 22.7 — 9.120830 ' 1,153,482,032 Ohio—Canton + 23.2 308,532,705 - Ten cities five days.. Federal Fourth 1.3 — 320,402.141 Pittsburgh are 585,086 % 1949 $7,241,7£7,955 240,900,000 — - Cleveland— we 3,652,132 4 +- 315,548,000 — the elaborate 2.325,673 224,523,833 — San Francisco In 4.470,669 4,037.035 Wilkes-Barre 2.822.856 5,484,124 w„—. rmm.« 711,648.991 - — St. Louis our 938.579 2,037,228 446,937,327 ; _ Kansas City in 904,246 943,000.000 ----- -9 Philadelphia—, X 942,983 + 12.8 New Jersey—Trenton—, - $7,145,097,356 — - Chicago.—, , 983.921 1,114,504 + 29.3 2,379,494 Philadelphia Our comparative 8.0 — 975,067 1 Scranton At 1,036.236 *1,100,000 Reading f $ S Telegraph by Week Ended 1947 1948 or Dec. % 943,502 r, Lancaster— Total Clearings—Return Inc. 1,219,622 Chester— ; * 953,310 ——— Bethlehem Our preliminary $13,965,640,801 against $13,802;437,601 for the same week in 1949. this center there Pennsylvania—Altoona which it is possible to obtain weekly clearings for all cities of the United States for $ Federal Reserve District—Philadelphia— Third telegraphic advices from the chief upon 1949 $ ■ . that for the week ended Saturday, April 1, clearings cities of the country, indicate 1950 ' year ago. a "■ 1 n 6th Richmond 6th Atlanta 7th — Chicago Total (4 cities) Ninth Federal Reserve — District—Minneapolis— ' loth Kansas City.. lith 6 " 315,940,552 295,479,341 + 6.9 285,465.364 Francisco* — " 788,088,284 729,241,342 + 8.1 750,191,737 5,912,236 4,976,701 Minneapolis 254.639,401 258.628,525 St. Paul— 227,034.497 -10 646.545,789 Dallas 12th San - 99,840,870 Minnesota—Duluth North 112 cities — Outside New York City_: —— 15,530,006,371 13,291,153,748 +16.8 >14,099,058.153 13.931,293,319 7,877,474,440 6,927,187,775 +13.7 6,392,210,531 now add our : ; -J : ~ :,+ ? Helena 1949 Clearings at— $ $ Dec. % ^ XXv/;/:':' 1948 Inc. or V ' Week Ended March 25 Portland 1,407,311 3,114,760 Massachusetts—Boston™ 1947 $ - $ +15.8 7,564,831 6,795,005 Tenth 4,599,150 5,182,359 2,904,886 3,050,158 2,73^,687 2.264,78L 9,094,024 — 3.6 7,781,025 7,286.292 382,113.720 — 0.3 310,489,518 .314,832,659 8,765,213 381,129,457 ' — Federal Reserve District—Kansas City— 23,966,144 i— 755.928 > 662,170 j - Omaha— Kansas—Topeka 6,838.468 Rhode Island—Providence 31,661,200 24,517,300 New Hampshire—Manchester "1,400,000 1,241,606 ■ „ Total (12 cities) . ! : 19.852.261 19,949,357 *573.709.322 540,462,155 7,967,131 7.600,086 , + 2.9 100^24,015 108,058,574 7,035,298 + 12.1 12,290.004 9,880,450 + 24.4 10,677,806 8,738,393 306,567,985 9.175,620 2,000,179 301,987,760 1.5 307,754,327 11,022,990 280,569,509 1,879,120 + 6.4 1,730,282 1,516,235 2,075,178 » . St. Joseph Colorado—Colorado Springs 1,992,727 + 4.1 1,397,770 1,283,627 451,705,002 X + 2.5 445,927,838 421,176,650 9,227,320 + — 5.906,205 0.6 4 949,554 9.597,918 I* Total (10 cities)-— 463,131,999 ; Reserve District—Dallas- 6,916.024 6,347.047 + 9.0 6,469,688 5,660,803 267,657,161 249,004,896 + 7.5 238,462,000 Fort Worth 21,986.016 21,827,509 + 0.7 23,060,227 186,213,000 20,533,710 4,026,000 Texas—Austin, 29.101,800 25.340,800 Galveston- 4.846,000 5,300,000 8.6 6,174,000 '1,021,393 Wichita Falls 4,917,057 3,991,225 + 23.2 3,710,493 2,557,731 9,618,294 9,008,664 + 6.8 7,588,956 8,043,248 315,940,552 295,479,341 + 6.9 285,465,364 227,034,497 + 20.7 128,379,103 100,579,626 Louisiana—Shreveport 1 + 112.969,686 1,132,611 + 29.1 ' 5,703,237 6.489.493 +12.8 . 457.943 5,643,736 - Missouri—Kansas City_ 4.333.826 + 23.0 X X 8,B88,011 - 301,660 446.864 2.8 116,243,701 7,883,962 «. Dallas 10,688.011 523.843 4.2 + 432,050' 1,442,967 4,857,600 - 5.7 7.2 + 5,772,054 , 1,329,913 < X +12.6 — 5,933,893 Lincoln Pueblo 1,595.331 528,537' XX 511,477 "450,000 Eleventh Federal New Haven; 503.677.681 528,650,529 6.2 Total (6 cities) — Federal Reserve District—New York— New York—Albany 51,111,318 Buffalo Elmlra ,11.447,720,, 9.039,058 + 19.6 2,608.422 2,157,966 81.257,557 + 4.4 80,455.311 81,448.704 1,162,490 ; 1,374,451 1,566,301 1,645,590 — 7,652,591,931 6,363,965,973 f New York i, 1,210,224 1.292,285 —15.4 Jamestown Rochester +347.4 2,384,652 84,865.064 _ 11,429,006 2,851,915 —. Binghamton ; 4.9 +20.2 1,575,273 ' 1,221,965 7,767.984.428 7,706,847,622 Twelfth Federal Reserve District—San 18.032,342 + 16.5 17,390.190 14.646.344 12,346,173 +18.6 11,891,754 13,312.051 15.392,743 —13.5 11,086.834 558,987 +10.6 449,504 615,786 4,3 32,352,474 Francisco142,354.472 Washington—Seattle Yakima Oregon—Portland 'Utah—Salt Lake City 53,305.566 14,512,710 California—Long Beach Newark™ Ttotal (12 Cities) ,— „ 143,682,637 57,611,533 11,529,767 — + — 4.2 2,967,844 3,303,729 2.5 140,610,620 96,304,079 7.5 51.306,211 43,666.053 8,490,297 +25.9 8,400,364 10,304,005 8,382,697 + 22.8 6,405.006 6,158.186 367,998,369 '.+ 7.5 391,501,904 369.539,456 + 6.0 9.377,325 34,414,892 618,117 37,614,572 — Northern New Jersey—. 3,118,302 ~ 395,527,511 Pasadena_ 14,389,878 9.246,073 San Jose 9.537,465 Santa Barbara 50,615,520 8,387,963,424 ' 36,059,382 + 45,057,417 6,589,504,273 +12.3 - +27.3 - 50.663,204 43,008,539 . 7,920,405,928 10,427,978 .. 7,982,8^0,156 Stockton Total (10 cities) 8.733,508 3,103,924 + 45.0 3,314.897 2,710.807 6,868,149 + 13.7 7,838,530 7,149.981 788,088,284 Grand Total (112 cities). Outside New York "Estimated. 8,999,786 4,501,583 7,307,474 > ' New Jersey—Montclalr 117,946,178 2.986,936 147.250,562 San Francisco 21,007.801 Syracuse Connecticut—Stamford— ; 0.1 2,784,227 Hastings > 3,240,675 : /. 430,500.099 1,584.845 ... +11.3 4,669,109 22.611,725 Worcester.™ Connecticut—Hartford Second 3,439,759 \ +19.4 5,257,173 ___ 1,399.857 (.+ 450.166,875 + 10.4 798,234 1,559,493 Springfield 5.2 1,813,857 / 953,002 -. : + 1,346,520 . 1,674.965 4.9 —12.8 X/- 461,845,520 1,781,498 New Bedford — 3.573,538 > 485,779,571 Fall River . 69,153.795 0.7 2,803,931 Wichita—1 1,338,058 . 222,328,120 71,155,526 + 6,398,631 3,544,501 — Nebraskar-Fremont—— X*. First Federal Reserve District—Boston- Maine—Bangor Lowell 5 567,154 215,461,790 detailed statement showing the figures for each city for the 1950 / 5.849,454 1.5 3.3 + 6,163,208,891 .week ended March 25 for four years: • +18.8 — —23.2 6,395,443 Total (7 Cities) We 96,687.111 2,722,363 Dakota—Fargo— South Dakota—Aberdeen Montana—Billings Total— : JNot 15,530,060,371' 729,241,342 13,291,153,748, 8.1 750,191,737 646,545,789 + 16.8 14.099,058.153 13.931.293,319 +13.7 : '6,163,308,891 + ' ; available. 7.877,474,440 6.927,187,775 6,392,210,531 •< + N0tat+f"4895 Volume 171 THE COMMERCIAL & FINANCIAL. CHRONICLE (1393)' V' *' "PARTIAL REDEMPTION -CompanyandIssuo>-.r-;,•, Rates American TobatcO Co.— ; \ the Secretary of the Treasury the buying rate for cable trahsi'ers give below ia tecord for th^week just passed: ' » CERTIFIED FOREIGN -EXCHANGE "RATES RESERVE BANK MARCH 24. 1950 TO MARiCH 30, ' ,' FEDERAL BY Noon Country and Monetary Unit the different countries of the world. on TO TREASURY UNDER TARIFF ACT OF 1950, INCLUSIVE 20-year 3 % debentures, due 1962 —^i^Apr 15 25-year 3% debentures, due 1969-— —_'--:Aprr 15 Ampal-American Palestine Trading Corp.— 10-year 3% sinking fund debentures, due 1958— _Apr 1 Cambridge Electric Light Co.— 23-year 2%ft notes, series A, due 1974— -^.Apr l Celanese Corp. of America, 3ft debentures, due-1965—Apr 1 Central Maine Power Co.— \ 1st arid gen. mtge bonds, seiies R 3ft, due 1979—iApr 1 r* > Buying Rate lor Cable Transfers in New York < Value in United States Money 1141 1141 1042 848 1042 Co. Cleveland Onion Terminals A, Apr i 102 33,i ft series "A*' bonds, due 1965-Apr Goldblatt Bros., Inc.. £2.50 convertible preierred stock-Apr Harrls-Seybold-Potter Co.— 33/i ft sinking fund debentures, due 1960———i—Apr Indiana Gas & Water. Co., Inc.— 1st mortgage 3Yb'ft" bonds, due 1970_— Apr Littie Co. of Mary Hospital— , 1st mortgage bonds, series A and B—Apr 1 1146 1st , , 1141 — We .1930 „ Dat*' ■■■■'mm*. - k Pursuant to the requirements of Section 522 of the Tariff Act of 1930, the Federal Reserve Bank certifies daily • to 41 bonds, mortgage series and B C _ r_ Connecticut Power Co.— ' Mar. 24 Argentina, peso— Preferential Mar. 28 $ ,29777s* Mar. 29 "B" $ r ;— .206949* .206949* .174562* ™_' + ', -™™ .297778* .174562* .174562* .138958* . .297778* .209949* ——™__ "A" Preferential •; Mar. 27 $ $ * .™;_™ Basic Mar. 25 • Special .. . .138958* .138958* pound Belgium, franc Brazil, cruzeiro ; -v" 2.231573 Australia, 2.231573 .0199125 :—ft— -.ft—™™ .0199053 .0544960 .90909 0 .0199250 .0544060 Minnesota Transfer Ry.— 1st mortgage 3%ft bonds/dated .0199125 .0544060 1 .0544060 .909090 .909090 .903125 .903125 New Zealand, .902500 ♦ 951 14 1184 1 1050 .208700 .208700, .208700 .208700 .115704 .115718' .115718 Tennessee .262709 .262700 .262700 .262700 — ft—I'. . ft, »ftftft.ft.——ft—ft———ftftftft Philippine Islands, peso — Portugal, escudo ». Straits Settlements, dollar Sweden; krona. ft—ft Switzerland, franc Union of South Africa, ■ — —,;,™—ftr_—, pound +,— ft '—* L ft-— .0028625 .0028625 >* 2.772896 2.772896 .1-40154* ;496125 .140154* - .140154* .496125 .496125 .0345678 .0345678 .0345714 .327291 .327291 .193329* .193329* .193329* .232800 .232800 .232800 2.783750 2.783750 „ .496125 ft'/ Closed 1st 2.783750 2.783750 2.800742 2.800742 v " . '.v.i1 ■ ; 1950 $ , .-Assets—.,,■ Gold? certificates .————-ft.:-?. -i Redemption -notes Total •» fund — F. for gold ctf. R. ; • / — s* 2.800742 2.800781 — — 178,415 - 46,000 —1.437;444 5,858,550 •h. 10,000 .658327*1 ,658327*1 ft- 113,600 —2.861,400 57,600 .561797*1 .425531*1 V .425531*1 / -.425531*1 : -assets-ft/—:?—_/•,,113/247 — ... —r- . -896 — 7' 2,604 + 7 + Borrowings increased $234,000,00 $54,000,000 in Chicago,W. A summary of the assets member banks follows: 2.290 .Loans—net tMember, U. S. ' — >• • bank—Hrpserveiacct.. 15,781,561 Treasurer — gen. acct. 7 ■Foreign^7v 22.848,577 7,569 Other , —-., ■., ■■.—186,999238,100 + 996,839 878,725 276,387 —8 ' + — 237,002 681.402 — v -' , 2,308.763 ^ Real + 134 194 + •All Penn Oil Gas & 42 — — + 508 20 — 938 — +>20 > + 'v' 324 476 ' * •144 of - Georgia Arherican Insulator American Maize 7ft — 49 — 7 ^American 375 American K ■ Phenolic •4-17 76c 5-15 4-20 ■ 10c - -4-28 • +A-+4" 2Sd Corp. • •"•-Hn-15 4- 3-31 '3 5-15 15c+ —4-28 75C 5-31 Corp.— + + 175 + 150 American Smelting & Refining Co., commoi 3_ + 10 + 665 + 4,022 preferred (quar,)—-—.. $2 Steamship *-0C Anchor Casualty Co. ie-a)_——™—™r 715C Argus Corp., Ltd., common——i.^. 4Vaft Convertible preference iquar.)—— ..•$$l,12Va ' Associated Telephone Co., Ltd.— • ■■■22VaC 4Vg ft preferred (quar.)—j*——j™_. 25c 5ft preferred (quar.)™-,™—-. 1st 5-\ 4-14 . 5- . ' •4-29 $1.75 - 3-^4 ;? J 2.C. ■■ 19 7ft . / 3-31 ' ' 41.75 : . + - 3-24 ■i 4-.,7 60c • c-+ 4,508 * 1 "■+- 323 loans 3-24 50c -s.«A»"T. ■25c. 4j461 ; : 4-10 4-28 — (quar.) Co., commoniu (quar.)-..-™ Co. (bi-monthly)— News 3-20 '?gC Products preferred 3 — s —'; (quar.) -3-20 -ft"','3C'• -4-15 ■' — •4(-27 1* •..$1.50- 1 —• (increased)' Annual 31 + 434 ■* •' .'Li———i.———*-• Extra Bolitrn 5-15 25C — iquar.»_-— (quar.) -American Discoiint Co. 1,115 4.. (quar. > Petroleum Corp. •Amerada pur- — loans™ 952 988 PejwM# vrf-Rec, ——— Paper Mfg., 6 ft pfd. (quar.) — preferred »quar.)_—— — 7ft 90 Inc. Albermarle ■ 173 > F, American Can Co. Loans to banks— mother T 5,257 + + securities estate 951 052 announced!' .... : ofiipani "A dollars) + were » «American Fire & Casualty Coi (Florida) Other securities . . 1,747 — 1949 151 + 13,-847 —: for Joans for purchasing or carrying: U. S. Government obligations. 103,837 + 1,235 + 13,255 ,. 3,953,710 170,101 — / Other ■ * 1049 DIVIDENDS agricultural dealers ' i :77 ■■'"";;7 ■'■■ payments shown below during the current week. Mar. 23, 1950 (in millions of Government- obligations S. Other 17.933,512 Ma*r. 15, 24,786 brokers and issue. The dividend 25,163 w — to U. i —219,823 67,231 + this :fAnnouncement in chasing or-carryings >7.-184.517: - 39;475 23,345 . ioans Loans »949 ' . Inc. (-f-l..or 67,606 ; Commercial, industrial, and 1048; 1149 —.— Dec. (—1 Since • 7-' v- - t — Loans—gross 508,219 — v*:*' -7 7:.' 260 , . > .'Loans and Inv«stment£—Total— £' _ft ft— '.y; 1147 1 , . and liabilities of reporting Mar, 22, 1950 —Hi.304,093 103,189 bonds ser. G 3V2 '», due l966_May in New York City . ...A&sets— 1047 dated, 19-14™—, Hiram Walker-Gooderhani & Worts. Ltd., and Hiram Walker is Sons, Inc., 20-year 234ft debs.,! due l956^May t Houston Lighting ir Power Co.— > < ... 1st mortgage bonds, 3ft seiies, due 1978—— ^rApr 15 Iowa Electric Co., let mtge. 4ft bds., ser.~A, due i96l_Apr l Upton iThomas J.), Inc., 6ft preferred -stocfc——July 1 Monsanto Chemical Co.,.. preference stock, serieS"-A„rjApr 7 New Yofk Water Service Corp.— 7. , / '1st- mortgage 5ft bonds, series-A —j_May 1 Pennsylvania Power & Light Co.— 3ft s. f. debentures, due 1065 __;Apr 1 Public Service Co. of Colorado^-4.40ft preferred stockrApr 24 Ward Baking Co.— ;L 5Vaft 25-year debentures (subordinated), due 1970__Apr l ; 7 43,576 H750 •*•947 bonds, mortgage "*89 , and ^ 8.577 — 1st ""946 . 77:3*:;77'7 ,"7 "-7-.J7(/ ',16 Liabilities— notes • 118,9(9 + 49 - — , L. , — 183.181 — '7--7^' 7 6ft .940 , Bastitigi, Scjuare Hotel Co.— r.i . districts. , , General and ref. mtge, deposits adjusted decreased $458,000,000 in City, $138,000,000 in the Chicago District, and $66,000,000 in the Kansas City District, and increased $75,000,000 in the Philadelphia District. United States Government deposits increased in all districts and a total J ot $246,000,000 at all reporting member banks. Demand "deposits credited to domestic banks decreased in ail » Deposits: Detroit * Edison Co,— ^Demand >4.244,105 120,704 + ToU,i;asMts£4i747-7^i'ii|fi^-v<^,004,332 Federal Reserve »;,7\/i •45 Creosoting Co., 7ft preferred stock——r^Apr - 1 Telephone Co. of Canada— mortgage 5ft bonds, series C— ——-———May 1 Brantford Cordage Co., Ltd., 1st preferred stoea. —mpr 15 Chicago, Rock Island & Pacific RR.— General mortgage 4Vaft income bonds, due 2018.—.TApr. 1 Cities Service Co.— , ; 5ft gold, debentures, due April 1, 1958—-i-cApr. I ! 5ft gold debentures, due Nov. 1, 1963—————— -May 1 Delaware Apartments, Inc.*— . 2nd mortgage income bonds, dated 1936—_Jun. 1 1st New York —4,312,673 Govt7secu)1tiesi 717,515,725 . 7 ' 994,610 + -Paf* Bell .561797*1 member banks. —1.008,429 >,Total dpans and .securities-_ 17,883,170 Duef from foreign.£b4nks^--r-. - v:, 33 F. R.' notes of other ;Wks—ft'-v' 111,095 Uncollected Items, -4,--—-7— 2,569,500 Bahk -preihises —••■ +£. 34,427 ■ Other 1,808 + -K" — i 66,760 •„ .'•Notes.— ft • 1.379,200 '7 Bonds ftft—L_—_—_ 7 6)415,100 ft. . 67,136 , + 7 111 — 56,882 — 14,191 + C8.880 — 28.180 . — 988 American .658327*1 .561797*1 + ■ , ' 2+019,767 — 7 Total U. 8. 11,998 ■, —ft_ft—ft', 3,862,875 J.'4- Certificates ? + .'8.823 ■,.—ft;273,093 -Discounts ? and, advances-7-^364,876 ! Industrial .loans;. w'2,569 a' Bills : 'A-' * 7---' . ; Other; cash U. 'S.- Govt, Securities:, 1949 > 37,003 541,340 reserves Mar. 30, v.7$ 22,478,427 ft—— _ ,1950 , , 1 J ury certificates of indebtedness decreased $74,000,000. Holdings of Treasury notes increased $142,000,000 at all reporting member banks; the principal increases Were $57,000,000 in New York City, $25,000,000 in the Phila¬ delphia District, and $24,000,000 in the San Francisco District. Holdings of United States Government bonds decreased $49,000,000. Holdings of "other securities" increased $80,000,000 in New York City, $34,000,000 in Chicago, and a total of $192,000,000 at all reporting ; (—) .since -crease Mar. 22, Mar. 29, 1 Date Company and Issue- .425531*1 Increase (+ ) or ;Vft': '-ft.*1? 1187 ENTIRE ISSUE CALLED .561797*t dollars) d •" 887 1 due 1967_Apr ser., mortgage 314 ft bonds, due 1977_ ——^_.May Corp., 314ft 1st mortgage bonds, due i960— Apr •6-j8327*t 'ik», Reserve Ranks Combined " 987 1 ' Statemenf of Gondition of the 12 Federal of 1 , 3ft series, due 1967—Apr 23/«ft series, due 1966—Apr , thousands 952 Upper Peninsula Powei* Co.— York tApplication depends upon type of merchandise; <In 951 1 1 .193329* .232766 ' 1 line bonds, mtge. and collat trust bds.7 234 ft 1st .327291 Transmission Co.— Gas 1st mortgage pipe 1st mortgage pipe line bonds, United Gas Corp.—- 2.772896 .327291 .0345642 .56l797*t .425531*1 peso :™.—- .144938* .0028625 .140154* 2.800742 .658327*1 ster.irigftftLft._ft.™—™— pound .193329* .232750 2.783750 .0200600 .144938* 1st and gen. .208500 .0200600 .144938* 2.772896 .496125 .0345642 .327291 —_™_—— —ft-.——-—— .208500 .0200600 .0028625 Closed .208500 .0200600 .144938* .140154* —.—r ———_— peso 949 1 1 .115718 Norway, krone ^Nominal. 1 1 .262700 2.772896 ' ™: : _ pound United Kingdom, Uruguay,-peso 849 1148 Jun 1936——, ft—,——ft—™—.115718 peso 1 ^ National Gas & Oil Corp., 15-yr. 4V3ft debs., due 1962_Apr National Vulcanized Fibie Co., 414 ft debs., due I960™Apr Northern Indiana Transit, Inc.— .909090 .903750 .208500 gen. mtge. mtge. 5ft inc. bonds, series A, due 1964-Apr Oregon-Washington RR. & Navigation Co.— Refunding mortgage 3ft bonds, series'A, due 1960 Apr St. Joseph Light & Power Co.— 1st mortgage 2% ft bonds, due 1970 —-—Apr Sherwin-Williams Co., 4ft cumulative preferred stock—Jun Netherlands, guilder ft.— v< .138958* 2.231573 .909090 < (Metropolitan), franc^—.0028625 India, Dominion of, ^upee\——.208700 • .174562* 2.231573 .903125 • -+_ France Uruguay, Uruguay, .206949* .138958* .208500 .020060Q .144938* v--~~~— Ceylon, rupee Czechoslovakia, koruna Denmark, krone Mexico, «P .174562* .0199250 ' < ' .297778* .206949* , 2.231573 / .0544060 _—, Canada, dollarOfficial Fr<H! Closed $ V .297778* ■ 1st and Mar. 30 :,5 4-7 •" i, ■43,104,107 —4.359,839 109,204 — 17. S. i • , .... Capital. Accounts— ■/'/■, ;■ V 214,969 Surplus (Section 7) _—7t—,— Surplus • Section 13b) Other capital accounts—:-—.-. + : i : 27,5*3 + ' 21,462 + 23,505 V' Cash 44,004,332 103,189 - »■"■■■ 4 ■< 334093 92 — 1,145 622 — 2,363 16 + — 2,095 9 373 — + — 3-31 3^21 6-1 4-28 6- 1 /4-28 5- 1 4-15 5-1 _ 3-20 4-6 . — - 4- of serves, gold to certificate Liabilities— ' combined-— Contingent liability on acceptances purchased for foreign correspondents * 'JJ/' 56.4 ft —_— trial to make '. J i ' Commitments deposits adjusted 46.468 - Time deposit and F. R. liabilities note Demand re¬ . 7,891 i ■ • ■' rf 0.2 ft : 5.4ft + Domestic f _ ■ 574 Foreign banks Borrowings 1,238 Debits indus¬ Joans 1,274 + 98 banks 2,899 4* — 15,421 2,750 deposits, except Government U. S. Government deposits Interbank demand deposits: to and - — demand interbank 8,990 : - 1,288 398 ,— 768 — — + 995 9 + 308 t: 246 + 653 — 686 + 896 + J6 — 80 + - 327 — 135 + S. Govt, Auto Finance (Revised figure pre- accounts, 24,440 vious week 22,384; Condition Statement of Member Ranks the following principal changes for the ances ances with Redemption Galls and Sinking Fund in bal¬ with domestic banks, $768,000,000 in demand de¬ posits adjusted, and $686,000,000 in demand deposits cred¬ ited to domestic banks, and an increase of $327,000,000 in borrowings., '/ 77. Commercial, industrial, * and agricultural loans de¬ creased $20,000,000 in New York City and by smaller amounts in most of the other districts; the net decrease at all reporting member banks was $42,000,000. \ Holdings of Tteasury bills decreased $113,000,000 in New York City, $41,000,000 in the Chicago District, $24,000,000 in the St. Louis District, and a total of $194,000,000 at all-reporting member banks. Holdings df Treas- . Rubber 4- 1 3-25 4- 1 3-25 5- £6»4C (increased quar,) Paper, Ltd.— (quar.) ———! Petroleum Corp. - a list of corporate bonds, notes, and common stocks called for redemption, those called under sinking fund provisions. redemption or last date for mak¬ ing tenders, and the page number gives the location in the current volume (except where indicated) in which the details were given in the "Chronicle." ~ Associates, common preferred (quar.)— (quar.) Benrus Best Belmont Iron NOTICES OF TENDER Beverly Bohn Valley RR.— • 1st and ref. mortgage 4 Ya ft bonds, due 1961. Central Violeta Sugar Co., S; A., capital stock—— Quaker City Cold Storage Co., Inc.— 1st mortgage bonds, due 1973— Date Page — * -Apr 12 — .Apr 3 Apr 17 AM Inc. I 5- 3 3-21 4- 1 3-24 62 VaC -4- 1 3-24 -4- 1 3-24 3-31 3-31 ■" (T. G.) Brass Yards (resumed).. & Company, Ltd. Insurance Co. (N. Y.» 1258 Bullock's, Inc., 4ft preferred $2 4-14 5-1 15C 3-29 3-21 25C 5-2 4-12 5- 762 VaC 4-14 "" 4- 6 4-20 1 25c 5- 1 4-14 $i •4- 1 3-25 25c . . ... 5r 1 . 4-10 5-1 4-19 3-28 3-24 -$1 5- 1 4-12 $1.75 5- 1 4-14 $1.50 $3-., . 3-31* 4-15 125c «intei im) (quar.)... —— (quar,)...... 4i-22 80C — (quar.) 5-1 50C ........ft (quar.)..—1 Buckeye Steel Castings, common eft preferred (quar.)™.., ■ 50c ... qyar.) Gas Stock 6- 35c, - (quar,)__. (reduced (quar.)...... Aluminum & -Buffalo 3-17 4334c - ... & Electric....— Bliss (E. W.) Company (quar.).....——. Blue Ribbon Corp., Ltd., 5ft pfd. (quar.).■a' Bright . Aroostook Works Watch Co. Foods, Bourbon Company and Issue— preferred Telephone Co. of Pennsylvania...——. The date indicates the 1 3-28 (quar.) convertible preferred Including 4-14 4- 12VaC 7ft Bell 4-14 4-24 150c '. (quar.)... 5ft Below will be found 4-15 4-24 25C ..... 1 15c (quar.) Pcwer & Class A Beacon Co. Corp. Bathurst Bay Notices week Federal Reserve Banks, $373,000,000 50c , - Bancohlo banks of the shows 4-20 4-14 . Avco Baldwin ended March 22: Decreases of $622,000,000 in reserve bal¬ 3-18. . 20C during week The condition statement of weekly reporting member Federal Reserve System in leading cities 6 4-24 68%C Co., common (quar.i ... preferred (quar.)—.—, —.... Manufactulirig Corp.— $2.25 convertible preferred (quar.)—— 5*/2ft deposit accounts, except U. . 6 4- - - Ratio '. 4-15 ■■ 50c 4- a Manufacturing Co._^._i_r ... 5- 1 -f 1.0814 City Electric, 4.35 ft pfd. iquar.i 5-1 4ft preferred (quar.)™ —i ■. •' n 5-1 4ft 2nd preferred (quar.)-..-/—.. v'-V $1 AtlanticCoast Line RR, .CO.— 5ft non-cum. 5-10 $2,50 preferred* (s-a).t.+. $1-4- 1 'Atlantic-Greyhound. 4ft pfd. iquar.').—™ -J -Atlas Plywood Corp, (quar.). \ 5-1 /' 37 VaC Ault & Wiborg Proprietary, Ltd.— 5*2 ft 5- 1 .'-1$1.37V2 preference (quar.i^..., Athql Atlantic 125 3-20 3-31 . •. 1,147 + 192 — 759 + 4.756 49 + 11,816 domestic banks ^American 505 — 142 — 5,518 vault™——— with + + 74 — 23.997 Federal Reserve Banks with in Balance 104 — 4,762 5,723 securities —, —*175 2,200 * indebtedness bonds™— u. s. Other Reserve ' 5,980 + ' 10,719 + " 160,540 Treasury bills ; Treasury certificates of Treasury notes 36,702 — 35 ■ 488.173 Government securities—Total ' THE (1394) 42 " • Name of California Per Company Power, Oregon ,■ , Share • , 6% Class B - Caterpillar 4.20% Tractor Corp — Ga6 & Fund, Inc. Lane 3-31 5- 3-31 Leltch 1 3-31 Leslie 1 4-20 Link-Belt 1 week. last holders of record Match 31. Cheney Brothers — Cincinnati, New Orleans & Texas Pacific Ry. Co., 5% preferred (quar;) - London 4-20 4-18 1 4-10 Electric Land Cohen Corp. (quar.)— Company (Den) Quarterly preferred $5 4-12 4- shates Consolidated $6 1st for Machine preferred 4- 5 4-15 4- 5 Medusa 3-23 Dominion Woollens & Dryden Paper Co., Test East Sullivan Eastern 6% & (s-a) Mines, — (initial) Street Eastern Magnesia Talc Co. Sweeper — 1. Eversharp, 4-20 Extra 4% preferred Farmers 5-15 5- 5-23 4- 1 each Telluride 4- l 5- 1 4-12 4- $4 4- 4 5- $1.10 5- 1 1 15c 4-15 4- 4-15 .4- 25c 5- 1 4-14 56'Ac 7- 1 6-12 — 4-14 4-15 4- year-end 5- 1 5- 1 25c 4-15 4- 3-30 30c 4-15 New 1 4-15 N. Electric State 4-28 44- common This 7 4-29 payment 8 5- terly 4-15 1 5- 1 3-31 5- 1 4-14 5- 1 4-25 5-25 par 4-25 4% Indiana Public $1.50 3-31 3-21 3-29 3-24 Northwestern 15c 4-28 4-14 Noxzema 30c 4-15 4- 6- I 5-10 5- 1 4-11 32%c $25c 4- 1 35c 4- I $1 4- 1 5- 1 Directors usually paid this at Title 5-15 4-21 A (quar.)__—_———— preferred . 1 3-15 Co. $1.06% 4-14 4- 5 Jones1 - Co, (Syracuse, $2.50 4- 1 3-15 $2.50 Y.) —J,—— 7- 1 6-15 ;Pacific ———— N. $2.50 10- 1 9-15 Pacific (quar.) Quarterly Quarterly Field (Marshall) (see Marshall Field) — v Filing Equipment Bureau, Inc., com. (irreg.) 4% participating preferred (quar.)—, Participating ; Otis York ' . . 3-31 3-31 15C 4-10 4- 5 15c 4-10 4- 5 Co , Steel Florida Telephone " Fort Pitt Fort Street Corp. Brewing (quar.) Depot Co. (s-a) 15c - Corporation 3-21 Peaslee-Gaulbert, 4- •l 1 3-21 Peninsular 4- 1 3-21 Common 3-30 $1 j 25c 17'/2c (quar.)„ Co. Union 4-1 25c 3-31 3-20 Common 4- 6 $1 3-31 $1 $1 J 4-19 ; Telephone, 4- 4- 7 3-31 25c 4-25 ; 4-15 4- 3-31 7- 1 10- 1 9-15 12-15 6-15 62 %c 25C 5- 8-15 8- 5 25c The stockholders on directors 5 25c (quar.)„ 5-15 — B. to (quar.),,,— 75c 4- 1 3-21 11-15 11- 4 50c 3-31 3-29 $1 25c 2-15-51 2- 5 of 35c 4-20 4- $1.32 33c 5-15 5- 5 and $1.32 33c 8-15 8- 5 investment 11-15 11- 4 2-15-51 2- 5 Frick Company, 6% preferred General Investors General Mills, Trust $1 (Boston), 5 5-15 3-25 Permanente 3-30 4-10* 50c 4-20 Goodyear Tire & Rubber, common (quar.)— $1 $5 preferred (quar.)$1.25 Gordon Foods, Inc. (quar.) ——„ 10c Goulds Pumps, Inc., common (irreg.) 15c 5% preferred (quar.) 25c Green (H. L.) Company, Inc. (quar.)—,—, 50c 6-15 Gladding McBean Co. & , (quar.) — Guardian 7% Realty Co. preferred Gulf Public Hart, Service Hartford Electric Hartford Steam Co. Co. Boiler Electric Hawaiian Electric, 5% preferred (quar.) 5% Inspection 4V4% Co., Steel Corp., (quar.)—. 5% pfd. Hudson Fund, Bell Illinois 4.70% Sugar Industrial RR. (Dividend 4-14 Potomac Edison, Ivey (J. Jersey 4% Milling, & L.) Farm 3%% preferred 2nd 2nd prefeired Johnston K&ble Printing Kansas 6% City B Co. 4-11 5- 4-14 4-13 1 3-28 SEC 4-15 4- 5 $1.25 5- 1 4-14 series 5- 4-15 50c 5- 1 4-20 petitive bidding. 5- April 5% preferred Reed (C. 25c 1 3 Class A.), (quar.) $2 class A (quar.) —— 25c 6-15 5-25 Philadelphia Fund 4- 3-20 5- 4-10 37%c 5- 4-10 Phillips-Jones 20c 4- 3-24 Prentice 4-11 4-18 4-10 15c 4-15 3-31 : $1.75 33/4% 4-10 1 3-24 w 4-10 4% Raisin si 25c 62Vic $1 preferred G 4- 1 $1 (quar.),,60c & W 5th Fine 93%c John A (quar.) $1 87Vic Inc 1 4-14 5- 1 3-31 15c (quar.) Steel— 1 5- 4-20 4-28 4-18 * J Shell Oil The $1.50 4- 6 3-31 5-15 1 3-23 6 (J. dividends Bell 3-31 5-10 4-20 5- 1 4-11 35c 5- 1 4- 7 4-10 4- quarterly a Co. that it 4-14 4- 7 Telephone 50c 4-14 3-31 $1 Co preferred 4Vi% A preferred 3-31 3- Standard Fire Standard Insurance Co. Co., 4Mi% Ltd., - to be offered for sale invite competitive bids on • at com¬ or are to bonds, mortgage about I i v financing, together with other available funds, will redemption on or about July 15, 1950, of the $26,-! bonds, 3 Va % 171, p. 364. refunding mortgage and 103%.—V. ' , ' • j . ' „ series due 1966, at t ' ■ ' 1 , : • pi , ) 1 Trust Pa., will first of Co., until trustee, 11 a.m. bonds mortgage to exhaust accrued interest the sum from Broad and Chestnut Streets, Phila¬ on. April 17 receive tenders for the of Nov. due May 1973, 1, $15,022 at prices 1949 to April J., to an amount; exceed par not to 21, 1950.—V. J „ 169,} :v * Reading Co.—Earnings— > v February—; railway,—railway.—. Net from ry.' oper. . ' ' 1950 from Gross 1949 1S48 V r 1947 $6,888,834 $9,559,937 $9,700,216 479.827 1,655,907 1,762,530 $8,722,586 1.796,770 344,295 137,615 732,960 808,618 railway.,15,383,417 20,007,548 19,811,025 18,319,765 1,858,587 3,417,878 3.198.755 4.113,550 974,478 1,412,914 1,210,997 1,871,693 income.",. From Jan. 1—.-: Gross from Net from Net ry. —V. railway. income— oper. 171, p. 1185. ' • ' Republic Investors Fund, Inc.—Registers With SEC— New corporation SEC covering York, is March on 2.000,000 general 29 filed shares of a registration common statement .with stock. distributor for the Fund.—V. 171, Leffler p. Corp., 1185. Rheem Manufacturing Co.—Peru Unit in Production— $1.75 (quar.).^ IN. J.) (quar.) pfd. (quar.) 4- 1 3-20 4- 1 3-20 4-23 4-15 75c 4-23 $1 __i, Fuel quarterly 4 $1.06 V* (quar.) E refunding and 1339. ' the basis. Springfield City Water Co.— 7% to The is (quar.) previous 5 $1.25 * on Hungerford) 3-27 50c 50c reports company 1 4-14 $1 (quar.) the over the Girard The 5-15 1 4- '» 25c -\; (quar.)—.—_ Company.—— above placing Smith : Inc.— Co. Extra , 1" 6- first of is planned ' Net Security Insurance Co. (New Haven) Security Storage Co. (quar.)_: 5- 6- cents 5 {$1.12% 4-14 20c 5 4- 4- Ltd.— preferred (quar.) Map Company 4-28 7-18 p. 4- 4-15 Dry Dock Co., Electric 1 and 68%c'. 1st Industries, 8- 4-20 4-M Scranton 6 1 4-29 Schenley 3-20 5- 35c 3-31 6- it sufficient (resumed)— Foods, Inc. 3-25 4-10 2, sale 4- I 1 delphia 4-20 4-15 4-15 1 3 4-14 1 15c 4- 5- 4- 1 5- (quar.) Inc. Avenue, Sanborn 4- 4-15 5- $1:'; $1.18% : — (quar.) 3-15 6-20 1 4-20 been Quaker City Cold Storage Co., Inc.—Tenders Sought— 4- 10c five which 1980, It the '' 4-15 56c (quar.) com. (quar.) 5V2%- preferred Southwestern series 4-20 * •' ■ 19C ;. 1, redemption price of ' 50c Co.,——, Paper Gas, 4V2% (quar.) 1 ' 20c preferred F (quar.) 43/4 % Rulane S was (quar.), 5- 1 Russeks Corp.'— pfd. 000,000 first 4-15 of for used 93%c Rochester Gas & Electric Corp., 1 4% 3-15 1 $1.25 (quar.) River 3-29 common preferred 4-10 5- (quar.)., 3-30 Proceeds ' Racing Association, Inc.. Rice, Stix, Inc. (quar.) Rich's, Inc., common-——, 3-22 5- * be 25C 1 50c (quar.) 3-28 the (quar.) 5- 20c pfd. Corp., 5% pfd. E.) Mfg. Co.,_ 3-31 58%c 5% : 55c ^ (quar.).: 4-20 3-28 1 — 3-21 5- j. / 1950. 19, 1 5- Revere 4- ■ 952. $26,000,000 May 4- Philadelphia & Reading Coal & Iron Co.— Resumed 1 25c due 25c (quar. 25c (G. covering 3-31 < $1 common..——— 62 %c 1 | r . The 75c B Corporation, preferred : Public Service Electric & Gas Co.—Registers With SEC company on March 29 filed a registration statement with the 1 50c pfd. Co, 1 171, p. 4- • ; quarterly dividend of 70 cents on the a of increase an 5-11 Light— (quar.) 5- {87 %c declared have stock, declaration.—V. 20c (quar.)___ 4% Structural preferred $1.17% directors common 50c $3 — Building Fund, — Company (quar.)_r_— Corp. (Mass.), common—,,— 4-15 (quar.),— preferred Mutual (quar.)— The stockholders has of 5 Reece Johnson & Johnson— 4% 4-11 1 Reading 5- (quar.) Baking Company, 4- 5- 90c (quar.) 5 , Company, preferred Tea 4-15 5 : Co. & 4-10 $1.25 — ,, 35c Company. Power 4-14 4- St. Central Jersey Jewel B.t (F. 4-10 25c ? 4- 27Vic International 4-10 1 Flour Mills, Ltd.— Redeemable preference (quar.),, — (Chicago) Jacobs preferred B 4-10 1 5- (quar.) preferred Purity Pemco Mfg. Co.—paid at this time Exchange preferred 3.60% 1 5- $1.10 (quar.),.,,,— Light, $5 95c 5- $1.07% (quar.)—_ meeting 3-21 1 1612. 156, p. Split Stock— called by the board of directors to consider a pioposal to split the common stock two-for-ontf.; Stockholders of record April 14 will be entitled to vote at the meetulg which is to be held May 22, 1950, also the date of the annual meeting, i special 4-15 omitted.) Insurance y L. Alexander, who had been President.—V. :%■/ % .' '■ -. 4-15 & usually O. Public Service Co. of Colorado—To 3-30 — Co.—— Stamping 5- 4-15 (quar.). Terminal Imperial Gat 5- Y.) common preferred Illinois Portland 4-25 Corp. Co., 4-7 5-15 Inc. Power Company 4-28 5c (initial) Telephone Co. Illinois Pittston $1.25 (quar.) <N. Co. 3-24 common.,__ (quar.) Horn Hardart 1 •, of v.,. 25c (quar.) Home Gas & Electric & death 3-20 4-14 Corp. 50c prefefred Houdaille-Hershey 4- 1 J management. following officers were re-elected: Joseph H. Bowen, of Blue-i W. Va, Chairman of the Board; Hugh R. Hawthorne, of New York, President, ana Paul W. Jenkins, of New York, Assistant to t'nei President. These officers were elected in January, 1950, following the* A Philadelphia Electric, 3.80% pfd. 4.30% preierred (quar.)—, 4.40% preferred (quar.)—, 4- and elected Arthurt newly created places.) The 4-20 4-29 increase in the board of? ' 3-31 4-15 1 3-30 •: an present seven Jones, Jr. to the field, Commissioner.) 4-14 1 17MjC 100% the from Ellwood a director of Reynolds Spring Co, Hayes Industries, Inc., Campbell, Wyant & Cannon Foundry Co. Mr. Jones Is engaged in 75c Hewitt-Robins, Inc. (quar.).—: Hightstown Rug, 5% prior pfd. (quar.) Holly Sugar Corp., common (quar.)_ Holyoke Water Power California of 5- $1 r. — authorized March 29 James Delaware; 21%c (quar.),., (quar.) Products convertible 5- approval . 33c ber I5c C —_; Powder 5% 5 to dividend) 33c and 25c pfd. Hercules preferred 4- (Subject 4.70% (quar.)— Hercules 7% 4-15 40c D (quar.) Corp.,, Mfg. 5 Insur¬ & preferred Hayes 4- (stock Co. 1 68%c ________ Co.———— B 4-15 Cement 60c (quar.)—„_ Haverhill 5-15 20c _ Marx.— Light 4-10 4-15 $75c (quar.)—, & 4- 1 Canada— (accum.)——— Schaffner ance of ,, — 3 4-20 4-20 6c — — ; (quar.)——L,,, 6-15 1 5- (quar.) (quar.) prferred (quar.) preferred (quar.)—,— $1.32 preferred (quar.)—— ; $1.32 preferred (quar.),,.,,,—,: Pennsylvania Industries, Inc.— $6 preferred (accum.)——— Pennsylvania Telephone Co. (quar.)—— 5- 50c ■/, Inc. preferred preferred 8) page Lawrence, senior partner of F. §. Smithers & Co, is also a mem¬ of the Executive Committee and a director of Continental Oil Co. Fulton Bag & Cotton Mills (irreg.)—— — ."Gardner Denver Company, common (quar,), 4% preferred (quar.)—, — , % Mr. 1 „■ . •' Corporation and members nine Lawrence 4- (quar.)——,,———— v •'% / Pocahontas Fuel Co., Inc.—Board Increased— $2 preferred ' > 7%. tax. / (Continued from . 5 1-2-51 62'/2c ., non-residents' tax. at the source.* Noa- Investment News -"J". 3-24 62 Vfec (quar./——_ — deductible 3-24 4-15 50c common ; Canadian tax. income General 22 'Ac preferred "(quar,),!,, (quar,) preferred 4-29 25c : dividend. this for resident tax income Jamaica 5 ■■ 1 closed not 15%; 30% 4-15 4-15 Co.—,——— (quar.) (Del.)— % ; *•% Co books 3-30 4-29 (quar.) 4 Vst'/o $1.12 '/2 (quar.) Company.—— Gas British xLess 20C (quar.)— Cement pfd. .1— County Less a 10c 50c Foundry $1 50c — ,—_—w-— resident tax $1.12'/2 V. Co. & Portland Packer . *' Car 2V2C 12V2C (irreg.)—— Co. tPayable in U. S. Funds, less 15% {Payable in Canadian funds, tax ; . $2 (quar.)— — Elevator $1.25 12l/aC preferred. 50c conv. Mfg. ' '? $1.25 —— class A— , •Transfer , Increased (quar.) Paper, Cement 1 3-15 $1.25 B Wyckoff com. (Initial quar.) quar./—,, The company decided to place the above ; issues on a quarterly basis with an ex¬ tra in December if justified. ; , Ohio Loan & Discount (quar.) —:— Oliver Corp., 4,/ar%; preierred (quar.) Olympic Radio & Television Co., Inc.— $1.25 preferred . 4-12 dividend Co. (quar.)— common Monthly 5-10 time. Insurance Co, 75c (quar.) Wisconsin Gas & Electric, 41/s% 25c (quar.I— the 8c 40C '• (quar. (William^ Jr.; Co. Monthly . (initial B 3-22 Seiv.ce— on RR. A Monthly action no 30c Wrigley Chemical, Class 1 3-15 - took _— A Wilson 42'/2C preferred (initial quar.)———.— Northwest Airlines, Inc., 4.60% preferred— 4-13 1 Ry.— preferred adjustment Northern 5c 62j/2c preferied Whitehall ■' ;' ■; 5C — — (ojuar.)___._ Wheeler Osgood 3-25 equivalent to the quar¬ paid 011 the otd $25 prior to the two for one Western & 3-31 , 1 85c split. Norfolk (quar./ A iquar.) Pacific Class Corp.-~ (initial),,,,,— common class Investing Corp. (irreg.)— Company (increased quar.).—-—— Westminster is of rate Gas <fe 4- $1.50 _ Y. Products, (quar.),— preferred 5% 4-15 1 4- & 5c 10c 30c Co.___ 5% 4-14 5- 4-14 Gas Power preferred 5 % 4-28 37%c : $1 New 17»/2c — ' $1. New Bedford 4-15 ,, (quar.)— — preferied on of a Street Western 3-30 Inc., common instead 5% par).-—_,_ (quar.) B V»"amer 3-20 England Confectionery,.————— England Power, 8% preferred (quar.) 4-12 1 1 ($25 Co Vitamin 5% 6% Wall for par) 43/4% pfd. (quar.). Electric Light (quar.)., 5 5- ($10 Len3 Walker 5 place the Specialty Corp.———— Upper, Peninsular 4-20 ! 1 partic. pref. basis. preierred Utilities & Univis 4-11 25c to annual convertible United 3-20 4- $1.50 (quar.) non-cum quarterly dividend basis, Class 62 %c , Directors decided 5 ______ (quar.) Ltd, 6% class A pref. (s-a). Stockyards Corp, common (quar.)— United 4-10 10c — Steel, 70c 25c Co,_._^,_-__ (quar.) National Corp, a $1 4-17 1 5- 20c — California of United 1 (quar.)__ Co. United 1 com. — iquar.) pieferred Oil 3-22 (quar.)„l__— (quar.) Missouri— of (quar.) preferred Union 4-15 4- 10c 2nd preferred (quar.) Co. preferied $3.50 7 4-20 25c common Brothers, Power, 6'% preferred $3.70 4-14 common Co. Inc. preference $4.50 4-14 15c _/ (quar.) — 3-15 50c —; (s-a) — 4-15 {$1.25 ; preferred Manufacturing Co. (quar. Building Association—__ Trane Company <quar.)_.___— Troy Sunshade Co Tung-Sol Lamp Works, Inc.-r 3-14 4-30 preierred— (quar.) Traders 80c 3-30 — Towle 3 $0,067 $1.18% Neisner 5- of Tank National 8 5- 35c Insurance 3-15 Technicolor, (quar.).," (quar.).,. Corp 4% Taylor-Colquitt 3-24 Louis Ry. of 6- <> 3-10 1; 1 (quar.) share 1 • 5- 3-20 ' 30c 3-31 Reclaiming, shares 5- 5-14 Life Three 4-28 4-29 25c — 5-15 4- 25c Talon, Inc., . ——— (quar.) Traders & 4-15 5- .. 3-20 —— 3-31 1 6-15 — . 4-10 3-31 5- (quar.),—, common 3 5c (resumed). Foods, Fairmont Ir.c. 3-31 4-1 {15c common St. & $1.50 1 6-15 (quar.) preferred $1.50 —— 4-14 (quar.)___. Rubber — Empire Millwork Corp.——,; Empire Southern Gas Co. (quar.),——— Equitable Gas Co. (initial quar.)_„: —^ Esmond Mills, Ltd., 5% preferred (quar.),— I preferred —_ ——.—— 1 ,— 4'/»% — — (quar.) (quar.) 4- Railway— preference A (quar.) preferred B (accum.), Elgin 1 — (quar.)—, — Ltd. Massachusetts Products New —— — Supply Co. 1st 6% t Corp. Worsted, Ltd Ltd Metals Ducommon Duro 3-31 4-29 $40c $25c $25c $30c 17c 5c $15c (quar.) 5- Mississippi Valley Burge Line Co. (quar.) — Morgan Engineering Co.— $2.50 prior preferred (quar.) —__ Montana Power Co., $6 preierred (quar.)__ Munising Paper, 5% pieierred (quar.), National Department Stores Corp. (quar.)_ National Erie Corp. National Steel Corp. (stock dividend)— Co., Ltd.— — 3-24 (quar.) Bakeries, 4»/a% 3-24 Coal, Ltd., class B 3-31 1 $1 Midland 4-10 j. & 1 4- - 3-31 4-20 Linoleum & Quarterly Dominion Steel Co Middlesex 4-12 — 4- — (resumed) Ltd. Mills, Container j pfd. Inc. Payable immediately Super Mold Corp. (Calif.) 4 25c » Stores, Sullivan Consolidated Mines, Ltd Sunsel Oil Co. <Calif.),. $3.60 $1.50 (quar.)—_— 3-25 3-31 4- 4-10 50c 5-15 3-29 3-24 (initial), Edison, $4.90% Brothers Union Electric Cement Company Minneapolis ——,—— 1 50c (final)-..— 4-15 — Dominion Oilcloth Mar.ne 3-25 (liquidating), Investing Portland Mengel Corp.— Company 4- 10c 1 (quar.)—,—— preferred Realty Vilbiss 3-15 $2.50 (quar.)i.^— Communica¬ 5 1 3-30 1 Corporation Sterchi %C 5 4- 4 4- (quar.) Staten Island $1.75 6- $1.50 4- B Starrett 4 Ltd.— Co., Mercury 4% (quar.) 5- 25c (quar.) 4- 200% 5-19 1 Class $1.06 Va 4- 15c $2.50 12 %c Delaware Power & Light Co. (quar.!, 30c Detroit-Michigan Stove Co.——15c Diamond State Telephone Co. (quar.) 50c Dividend Shares, Inc., 2c Dodge Mfg. Co. (Indiana) (quar,),———— 15c Dominion Bridge Co., Ltd. (quar.) {40c Dominion Coal, Ltd., 0% pfd. (accum.){75c Dominion Engineering Works, Ltd t$3 Dominion Fabrics, Ltd., common—,—,—120c 2nd convertible preferred (quar.)—— $37'/2c 6% 1st preferred (quar.) V $75c Participating De International Midwest held)———- 4-28 6-15 6- t$5 Michigan Associated Telephone Co Michigan Gas & Electric Co.— $4.40 preferred (quar.) —— 4-10 5-15 common-*. preferied Marven's, Ltd., 5% preferred Corporation (quar.) 3-22 4-15 t2c __________——i— Rubber, & dep. rets, for ord. reg. Marshall Field & Co. (quar.) Consolidated Royalties, Inc.— Continental Tire convertible Payable of Ret Spring Co.— — (s-a) Co. Holdet When i Share Company Steel 4% convertible preferred (quar.) Stanley Brock, Ltd., class A (quar.) ——' Stone ______ Oil preierred 2nd 7% Company tions 5-15 6- $1.50 $1.75 $1.50 $1 (quar.) Tool 1 3-31 — share each (quar.) Consolidated M. & (G.), Amer. 4-13 15c Fund— VConsolidated Gas, Electric Light & Power Co. (Baltimore) stock dividend (Two addi¬ tional 3-28 $1.25 13c 10c preferied A (quar.)—— preierred (quar.). —— —— River Power, *6% pfd. iquar.)_ Heating M. Marconi 3-14 4-27 50c Connecticut Car 1 4- preferred & $1.20 7 4-15 J. 6 3-25 Corp.— McCail — Consolidated Mansfield 9 3-29 (quar.) Year-end 7% Maltine 4Vic!o Co.— Composite Bond & Preferred Stock Ccnn (C. G.) Ltd., common 6% 4-20 6- 1 7- 3-31 25c 25c t$1.25 —— (quar.)_—, Telephone Mabbett $1 Ltd.,5% pfd. (quar.), Engineeiing-Superlieater, Inc.— ——1 — Combustion 5-15 5-15 60c ,$1.12% Combined Enterprises, Commonwealth 1 6- Name of Standard 4-14 1 Star 3-23 M. com (quar.)__, —.——; Securities CO.,— & Coal Clinchfield Co., Illuminating preferred $4.50 Cleveland ft Investment 4- 1 5Vo 3-31 4-14 5- i preferred (accum.).,, Brewing Lord & Taylor (quar.)______ Lowell Bleachery, Inc. (irreg.— Ludlow Typogiaph Co., $6 preferred Lux Clock Mfg. Co.——v Luzerne County Gas & Electric— Canadian Per 195< " 3-27 4- $1 4-20 Holdere 7 25c 40c 5- $1.25 25c ——i 5 Lone 4- 56'Ac < '—L Ltd — (quar./: (quar.) 5- 15, to Cleveland Mines, Company Co. 5-10 date was incorrectly reported The 12c is payable on April The payment Gold Salt 5-10 1 correction) Chemical Superior & Ishpemint RR. (quar.).,— Bryant, Inc., 4»/2% pieferred (quar./, Electric Steel Co. (irreg.) Monday, April 3, Payable of Rec. 30c (quar.) Co. Latrobe 5- 13c Corp.. Electric Hudson Central Lake 3-31 Refining 5- $1.05 10c —-— _ Brewing 3-31 4-15 {20c $1 50c pfd. (quar.)., Co., common 4% preferred Centlivre (quar,),, — — Paper, Carpenter Kendall 4-15 $1.75 {12/2c —- 3-31 4-15 **'£2 — Share Name of Company 4-20 $1.17% preferred (quar.) preferred (quar.),, 7% preferred (quar.) Canada Western Cordage, class A $4.70 When Per Holdert Payable of Reo. 40c (quar.)., common When CHRONICLE FINANCIAL & COMMERCIAL {56%C . 5- 1 4-15 4-14 The company company, Rheem The has advised Rheem Lima, Peru. Peruana S. stockholders that a new foreign affiliated A., is now manufacturing steel drums at This unit is presently 100% policy it is Rheem owned, but in accordance with expected that local capital will participate. * has recently entered into an agreement with company ..m '.;k!■.•" » 4"n Volume Number 4895 171 John Lysaght, Ltd.„ one of listi drum a tion, known plant in Rheem as that country. Lysaght Ltd., The will be new 60% The by by Rheem. Operations of the Rheem company's 40% owned Holland associate, Rheem Evenblij N. V:, have not come up to expectations and an agree¬ has been reached, subject to the approval of the whereby Rheem will dispose of its interest in this -In view of the agreement with Lysaght, Rheem is id effect pany. its European ing An operation from has just been agreement Holland to its 30%. V.7"' '' • , com¬ mov¬ concluded Rheem is Ontario, from 85% company. on March 13 filed a letter of covering 140,000 shares of common stock claims. the proceeds underwriter. No record to on or right shares subscribe of to be used Gross Net from Net ry. to notification to be with offered explore and February— Gross from Net from Net ry. railway from Net ry. * Jan. 1948 from $1,475,807 480,137 ,107,528 385,964 218,121 Net ry. 3,008,904 3,994,193 681,981 K-r, 614,411 1,528,774 171, ry. income— 171, 272,419 214,320 776,988 value, of par St. the to company's articles association of Secretary of State of Missouri which the 169, class stock A from 50 p.: 2425. cents 6,649,169 Louis-San Francisco 2,372,660 2,924,761 59,754,651 68,199,403 64,939,829 5,066,761 15,238,530 *794,335 13,436,170 4,599,853 j 1948 ' ry. Jan, from Net ry, $7,703,648 1.603.450 437,033 758,764 17,309,043 2,367,153 'h "p. 2,509,240 1,209,980 1,094,768 income... .V 952. " ; • Net from from Net Gross * Net Ry.- -Earnings— 1948 : ry. 1947 ' Net from 71,884 Net ry. 171, 632,477 Gross 623,237 161,191 131,162 23,330 53,344 h\<'? from from Gross from, railway ,507,225 railway'..—11,770 Net ry. oper. income!.!/ * 139,040 Net * 171, San Diego Gas & Electric The 1947.-V 54,478 *91,968; 9,040 The .-A ■ *85,922 issued In •V Co.—Registers With SEC— stock (par with 1 SEC sold SEC, at 1.2 cents per Feb. 2), we have been However, stockholders prior issue recent cent) on privately. original the to in offering compliance that made was with the this stock $10 - 5 cents share per this of issue later V. 1950, equal that date. to $52.76 "outstanding-. ! The to payable 1950.—V. assets of $30,772,534 the 583,255 share per Net shares the on outstanding 534,727 profit V. March 171, 20, have 1950, declared ; a dividend stockholders to 1086. p. of of record 40 March on 29 filed on ' V. at cents March statement of Lolders of purpose of June cumulative 1950. 1, drawing at close of preferred stock, 4,950 $105 the shares business 4% said share.—V. per of 169, The SEC amount of on March 23 series, stock p. April on three u, V. sell 28, 171, p, of such this company commercial banks notes (or an *' ✓ from The make in the additional Co. company has filed with the interim - ;; 4 ■ , • . \ ; 1948 $3.70 filed stock common with SEC (par 20 cents) share. per No March on $7.87 sold for the underwriting 8 shares of .— Seeks holders of with (no The the 171, p. par) shares 135,584 24—V. Jan. stock $6,635,481. P. U. and common of declared 17 a was were on announced move record April ——. —— —— 21,000 — 21,000 underwriting commission ($.90 share) per (some (disregarding expenses). with offering but the- bids stabilizing shares no in entered were . over-the-counter the to such bids.—V. purchased pursuant were ;• • , last Sales , of to $67,900,000, Volume in 1S47 amounted year during October, almost or Quarterly ,* See lest a November « . 171, , and that in the $295,000 loss; a sharp a from decline the $124,776,000. was $3,000,000; the in December, first in third three the next quarter the year months of quarter the company operations resulted in profit of $120,000 and the final quarter profits a offered 14,834 totaled $2,700,000. balance of $8,550,000 20. rent dividends stocks, Both issues were of The 28 . . : in were ratio a better of than five to one to current announced with the long company'3 term credits $10,000,006 had plant been In and arranged modernization reported last September that more than $2,300,000 in been written off up to July 2, 1S49, and that more than $1,300,006 on the sale of obsolete and values had lost company surplus the that program. inventory both payable split 5-for-l 1 ' also- The company cents goods in that period.—V. 171, p. 398. cents quarterly were paid on both Extras of $1 have Thompson Products, Inc.—Capitalization Increased—To that Shipments — this Make 20% Stock Distribution— corporation is about the At 100% to shares 297 , stock of The . of $1,000,000. annual meeting of held shareholders March on 28, the pro¬ posed amendments of the articles of incorporation changing the au¬ thorized common stock from 500,000 shares without par value to 1,000,000 shares of the par value of $5 each, and changing each of the 437,- , quarters, an action dictated by an in¬ products. An official of the company further ' year-end capital, Mr. Little said, increased in the year from to $25,500,000 despite the operating losses. He said cur¬ assets He expansion 20 a liabilties of $6,150,000. current working connection initial 7. against total ..liabilities. larger its cash $22,400,000 for shares -fX* 1949. amounted to third of the total volume for the entire year. figuress show than more Net subscribed March , aggre¬ underwriters) sale •• March on to for Corp L_— The stockholders selling such 218,625 shares . the corporation had 196. participating basis, since May 1, 1941. pp. 500, 1086. orders The were such $20,250,000, account recently remaining SEC Electric. 'Products' Corp. its in Securities Corp Co. & previous year's $98,850,000. covering involved. preferred new ' of the stock common value of $5 par amendments will not will be on or about May Shareholders for will be outstanding each, were become retary of the State of Ohio. keep up with the present rate of production the President is willing to place $100,000 worth of personally held stock of the company, the proceeds of which will be invested by , him with the company in the of "The a long-term loan be used as into lVs shares of common adopted. effective The company until with the filed Sec¬ anticipates that such filing 1, 1950. notified in due course effecting the exchange.—V. 171, p. as to the time and place 1186. End. Jan. 31— Tons 1950—3 Mos.—1949 produced 'Net sales Net 1,368,528 (G. S.) Suppigrer Co., St. Louis, Mo.—Preferred Stock 1,909,035 $7,098,696 $10,044,038 income 1950—9 Mos.—1949 5,315,074 3,524,970 $18,267,836 $27,927,555 604,771 1,507,749 $0.62 $1.53 3,790,337 716,174 $0.73 Earnings per share ' an Truax-Traer Coal Co.—Earnings— Period working capital. has voted the President an option to purchase an equal number of shares which lie disposes of, the purchase price of the optioned shares being $1 a share."—V. 171, p. 1299. * Exemption Commission to company Not to Be California March the split, dividends of 75 on ________ — March 15. The deficit was after a tax carry-back of approximately $1,050,000, Mr. Little said. This loss was in contrast to the $6,937,000 profit which the company reported for 1948. Corp.—Stock Sold— common registration on new 21,000 21,000 21,000 21,000 Co———— & — The corporation had a net loss, of slightly more than $1,600,000 dur¬ ing 1949 but Increased its working capital by almost $3,000,000, it was reported by Royal Little, President, in preliminary figures released on in warrants, total a from on Parsons —___ Preliminary figures for 1949 showed purchase for —— —— Graham, 25,306 21,000 21,000 — — Corp Webster Weld Sales the Inc.__!~ Shares v-. • Textron, Incorporated—Reports Loss for 1949— the v h V 1949 severally agreed to follows; as stock. for shares.— , • has eacn are r par treasury share was the corporations to common stock offered common Subs.)—Earnings— vj . which stockholders i Co Securities 1186. p. $26,266,230 $31,150,540 1,035,115 2,239,563 >' 7. complete form $2,400,000).— 1,000,000 shares of cumulative preferred stock. The proceeds from this issue would pay off short-term notes and provide the-company with funds for further construction.—V. 171. p. 1264. J & connection such "Despite the uprooting of its plant facilities the company is shipping products at a rate which is approximately 100% more than ship¬ ments made during a similar period in 1949. "The backlog of orders on the books of the company now total In- aggregate seeking exemption from competitive bidding with respect to proposed issue of ! selling are thereoi None 2,205,012 shs. and "To ' ■ Edison $10 new & market the paid at year-ends.—V. 171, excess Competitive Bidding— application a " California ^ firms of names received a gross profit of $677,737.5(1 A selling group was formed offering and members thereof received a concession of $.50 per share, of which they were permitted to reallow not exceeding $.25 per share to certain dealers. In connection with 800,000 its ' ' ■'/, $60,000,000 100,000 shs. 3,000,000 shs. - Langley & Co whom of from of five change authorization 6,668 Boston Loeb C. ♦White-, in to 1949 Outstanding L-'. $5)— the selling gated $196,762.50. through account 31, Authorized due bonds, selling stockholders Hemphill; -Noyes, •; stated: • to to 1 Super It 1950 852. Southern the cancel ,/ , of eliminate to Higher—Backlog Over $1,000,000— $100, for the redemption ou 1997. the Feb. crease 8900.000, S3.300.000 share per par taxes expired on been / and tc issue therefor its 2%% promissory notes. The Commission reserved decision on South Jersey's request to issue and oj directors classes par for authorized borrowings from shares to and ^ $100) (par (par from underwriters. shares to outstanding 193,332 present voted ,, common stock Prior to South Jersey Gas Co.—Bank Loans Authorized— short-term any proposal a DEC. AT August, 1949, an aggregate of 218,625 shares of common, stock was purchased by these underwriters and Lazard Freres <fc Co, from certain stockholders at $11.10 per share and were offered to the public at $12 per share. Such shares were purchased 33,125 shares by Dillon, Read & Co. Inc. and 26,500 shares by each of the other March 20 covering $11 $9,981,850 and net Mcf., of which ap¬ gas and water divi¬ *In . $25 line number of shares First 'Union j $1.71 L removed May on with ' at of stock, y after market, each Sherwin-Williams Co.—To Retire 4,950 Pfd. Shares— taken also the 'Stone , 831,649" 10, Cardy Corp., Ltd. has teen changed by supplementary dated Feb. 23, 1950 tc Sheraton Ltd.—V. 171, p. 594. be of on at , approved exchanged for four 150,418 warrants Sheraton Corp. of America—Unit Changes Name— *. record, will offered 200,000 Street Investment a The'name cf A share stock stock the *W. 1948 sale and the system extends the Lisbon and $60,000,000 mtge. pipe ♦Dillon, Read & Co. ♦Blyth & Co., Inc. 171, p. 1298. the were V covering. 50,000 shares of. capital stock, to be ofiered through Scudder, Stevens '& Clark, Boston, Mass.—V., 170, p. 2336. patent 13 from selling stockholder at $1 through then the SEC letters be 1086. p. AS /* —1 Kuhn, Steel Co. of Canada, Ltd.—Initial Dividend— registration a to 171, letter of notification Of Scudder, Stevens & Clark Common Stock Fund, Inc.— Registers With SEC— \ r/ corporation stock 155, p. 1221. The The • $2.48 Inc., Lynchburg, Va., for the stock Each 15,000 shares of a *.•- ' * Stanwood Oil Corp., N. Y. City—Files With SEC— A March" on shares filed with the SEC was Mavch on preferred Earnings per 9, • the Fund 214,602 / - common 646.,,; State March on total net assets of $25,524,972 $47.73 and " ,• directors* of share, on This compares with 1949,. equivalent 9, share per net were 1 first whom peacetime the largest of any year, including the war sales the of be of Net in total as \ UNDERWRITERS—The 778,760 *60,565 • main and gas, 3,281,533 589,454 ! for system Its Texas , sales net line East year 1949 operating revenues were $1,776,941. Gas sales totaled 51,562,174 Common v^ largest in the *The the pipe a at wholesale. gas lield gas ; . also reports 3,817,218 —: in of natural CAPITALIZATION $15,335,419 $12,596,620 Standard Screw Co. (& Scudder, Stevens & Clark Fund, Inc.—Assets Up— corporation known 52% represented sales to the light, the city of Memphis and approximately 36% to other natural distributing companies in Louisiana, Arkansas, Mississippi, Ten¬ nessee, Kentucky, Indiana and Illinois. The corporation obtains its natural gas supplies from several large producing companies under long-term purchase contracts. 243,795 1949 Year Ended Dec. 31— , The confection ice gas ,*25,091 ' —1,206,054 notification stockholders 157, p. the to requirements shaved a sions of $1,485,481 *87,308 98,614 1086.,: 148. p. common will The second a 170, shares. par issuance issue to the public of 200,000 shares February. Proceeds are to pay for development cf mining property at Matterhorn, Colo, No- under¬ writing was involved.—V. 171, p. 1050. '* • ; v'.'M '•! at p. resulted stockholders shares all was natural purchase 141,004 operates and owns Carthage Preferred 227,176 " 37,905 3,4.15,536 613,045 share— per authorized - 627,000 shares of capital (letter of notification filed advised reoffering a of share vends 836. p. proximately Standard-Coosa-Thatcher Co.—Split-Up Voted— The Mining & Developing Co.—Stock Offered— with 273,841 614,626 stockholders.—V. on as connection the For 1947 $1,778,257 ^ letter of selling temporary financing of construction expenditures; to reimburse the treasury for certain construction expenditures; and <to finance, in part, future construction expenditures.—V. 171, p. 1050. San Juan the for offered 1968 ; Income— 3,375 shares of public notes $1,576,162 3,368,465 Scott, Horner & Mason, offering price ana underwriting terms, as well as the names of the underwriters, are to be supplied by amendment. The proceeds of the financing will be used to retire $4,800,000 of bank- loan machine 171, ' - • 203,404 after taxes years.—V. *134,735>v ^214,425 company filed a registration statement with the SEC 21 covering 500,000 shares of common stock, $10 par. * ; March 1186. p. 'vi and net earnings year 448,615 '• Inc. income Sta-Kleen Bakery, Inc.—Files With SEC— 543.327 575,745 available be the system will include approximately 2.3 miles of pipe line with a total daily delivery capacity of approximately 665,000,000 cubic feet of .£'*46,522 £*100,707 ' 1050. p, \ - * railway.— NOTE—1949 .., $232,959 * order is scheduled to be completed new the machines will Monroe fields in northern Louisiana through Louisiana, Arkansas, Mississippi, Tennessee, Kentucky and Indiana to a point in western Ohio. Upon completion of the corporation's construction program , . Seattle Ry.—Earnings— 1949 \ 1948 sales profit V,- (* & railway.: Net 25,376 i'.\ *38,110 v *25,710 from Deficit.—V. < $276,375 *•> *v> 42,772 income--!!;;' *68,088 * .1—; '/£, f ' /;/ ;jan. From '.i 4,614 ; 171, 1950 oper. Earnings eft 1948 The so' that ' above.—V. Year Ended Dec. 31— , \/ i" 1 1949 $239,060 ',.>'$287,742 railway...!..' < •• cperi Registers — r Sprague Electric Co.—Record Sales and Earnings— "V- '' 1950'■■■ %Gross from railway—Li K Co. ; 155,930 46,846 •• 1050... p. Febniary— ■T'. .': ry. 8,522,873 3,650,175 a Telephone Corp. *Deficit.—V.. 171, 695,660 *18,404 Telephone filed 30 railway $1,704,824 railway__!r_r :J * 273,841 Net Net 37,025,940 4,430,024 s, registration statement with the 16,500 shares of $5.50 cumulative preferred stock (no par income— 129,802 122,154 income^: £ Inc.— banking group headed by Dillon, Read to the public on March 29 at $18.25 per share 193,306 shares of common stock (par $5). The shares are being acquired by such group from certain selling stockholders and therefore no financing by the company is involved. & Co. Corporation March on 1—*V'" 23.573 ;* 12,091 ;; Co., market. "Sno-Cone" from Associated Jan. 111,698 44,581 be produced these machines in 1948 and has delivered 500 and May "Sno-Cone."—V. , oper. From San Antonio LTvalde & Gulf RR.— Net 10,019,286 from $349,304 601,866 . ' railway.—, Deficit.—V. •=■'', 1298. General from ' front' railway.... from ry.• bper% Gross $300,437 *2,022 - ; also $365,811 1—J, Net 40,018,238 5,879,230 2,437,373 February— 1949 Manufacturing & with to manu¬ —An investment 1947 35,615,030 SEC—Acquisition— :/, Net & Texas 68.690 inccme... Jan. Net 1948 3,588,591 Spokane Portland 1.325.451 1 * ■ . $311,654 railway...... oper. ry. From 5,578,482 3%% /: : , -11950 railway.... .937,996 par), Texas Gas Transmission Corp.—Common Stock Offered 1949 7,839,880 15,844,676 2,910,326 /> \ 1 c; St.I^uisrSariTranciscb Fcbruary— Gross The a 34,031,227 income oper. company See 16,861,339'' 2,646,407 • ■ 1947 •••'.. 1,059,713 591,768 16,015,939 railway..'.^. oper. 171, 635,194 railway first April summer York.' The price will.be filed by amendment. Subject to clearance by the SEC, it is expected that the shares will be offered to the public sometime in April. The proceeds from the sale of the stock, together with other funds, will be used to pay demand notes for $950,000 borrowed from General Telephone Corporation for construction purposes, a demand note for $365,125 given to the parent company in part payment for the stock of Two States Telephone Company and bank loans of Two States Tele¬ phone Company totaling $265,000.> 1— from, Net —V. income... oper. tV $8,226,478 . From TEMCO New v Ry.—Earnings— i (no 19 during value), to be underwritten by Rauscher, Pierce & Co., Inc.; Dallas; Paine, Webber, Jackson & Curtis, and Stone & Webster Securities Corp., per • — Gross 312 to notification Texas. 7,772, ><14 764,352 $16,377,046 $17,008,408 $18,843,007 $17,956,555 3,660,788 2,9G4,643 4,503,849 , 4,310,939 1,667,082 1,212,854 1,933,191 1,378,854 income SEC covering been has changed the share per Engineering transportation The -JV February—. .-yJw* £ iy. 1950 *■< )/.-;.1349 Gross from railways. $7,853,483 >$8,140,452 Net from railway^.— 1,377,274 1,287,736 Net has of stock "Sno-Cone" 200 Ry.—Earnings— Southwestern amendment letter a common share, per Howard, Executive Vice-President and Treasurer, announced on that this company has signed a contract to manufacture vending machines for Multiple Products Corp., Dallas, March /.464.114 with'the share.—V. Texas 1292. p. railway railway. 171, p. With An of the proceeds to be used for facturing and operating purposes. No underwriting involved. 1947 1,237,829 railway from —V. St. Louis Public Service Co.—Par Value Changed— filed 1948 7,518,643 railway oper. ry. 1050. p. filed 17 shares 125,000 cents 20 March on covering at prior to the present order. from Net '/? 952,422 M corporation SEC offered H. L. 1949 56,989,846 From Jan. 1— Gross 3,009,330 ... railway-. oper. from Net 735.551 2,821,402 per the $29,312,871 $33,215,292 $31,456,317 1950 from Net railway The 61,856 share Of 3,621,197 income oper. Net 1947 1— Net $3.75 recently for 1,064,701 railway Deficit.—V. Gross $1,968,109 . at Supreme Perlite Corp., Phoenix, Ariz.—Files With SEC were 1950 4,211,210 railway par 271,389 V 133,794 par) 27, place $1,378,742 320,187 income.— 1950 Feb. 43 - . 7, 1— from Net Ry.—Earnings— 1£49 $1,364,313 railway from —V. 1950 > . oper. From Gross . Mexico & (1395). Co.—Earnings— I $28,143,768 income. oper. From Jan. the at mine railway railway Southern Louis Brownsville (no 1950 from February- 'St. i1 " Feb. before stock common February— ■ The share), of Southern Pacific Rough Creek Placer Co., Inc.*, Ketchum, Idaho—Files— per .( , stockholders net proceeds, Gross (SI r' \«vt Contract— reducing giving effect to these changes Rheem will be operating through foreign affiliates and associates, five plants in Australia and one plant each Tn Brazil," Singapore, Canada,'-Argentina, Peru and England.— V. 171, p. 1050. SEC i -nr *- - CHRONICLE approximately $50,000 was to be used to pay existing corporate obligations and the balance used for working capital. Subscriptions were payable at the California Trust Co., the warrant agent, 629 South Spring Street, Los Angeles, Calif,—V. 171, p. 698. After , FINANCIAL England. whereby ownership in Rheem-Canada Ltd., at Hamilton, to the additional the Netherlands Government, common given Lysaght and 40 % ment & Southern California Petroleum Corp.—Rights— corpora¬ owned COMMERCIAL j England's leading steel producers, to estab- manufacturing be to THE k" 'Including purchased coal and merchandise sales.—V. 170, $3.85 p. 2440. Publicly Offered— Union Electric Co. of Missouri—Stock to Parent— In connection with the filing with the SEC on Feb. 20 of a letter notification covering 2,000 shares of 5% cumulative preferred stock were to be offered at par ($100 per share), we have been advised that no public offering will be made 011. any portion of these shares.—V. 171, p. 987. of which "r The of Missouri 350,000 Public shares North American tional new of Co., Service common to pay construction.—V. Commission stock for by recent 171, p. 886. has approved the issuance this company to its parent, improvements and for addi¬ > order an notes dated Jan. 1, 1936. has given interested persons SEC The company Its parent, to sell to prior United for construction Fuel The hearing the upon company The 10 to request a 705, 177,323 were since stockholders, common stocks. pp. The 1143 - There ne.xt, 1, May on operatio'is.._.„_t,>f.$l,030,354 (net>— : .$397,438 , 13,652 . J Total income $793,800 9,137 k.. ., . 683 • Interest, efc„ deductions (net) 187,567 164,425 Federal 334,360 275,475 $794,483 137,123 ' 251,679 $572,079 ' $466,675 $405,681 taxes Net $306,575 $1,094,006 income on was income \ on * See filed on March 20 with the SEC covering 171, Whitehall Fund, The the corporation SEC covering is Corp. the stock,____ common offering in V $470,079 * 1137. p. 84,733 36,000 96,000 $370,675 .. ; ; , . distributor filed 24 shares 10,000 of these for $320,948 . Inc.—Registers With SEC— March on ' stock, preierrea for Available 171, i__ : f Dividends , with Sales registration!-'statement a capital stock. Broad Street shares.—V 170, p. 1742. ' ) 699. p. Chester net & Co., in connection pany Inc, expects with to use founder, substantial President deducting the estimated expenses of the company such sale, are expected to be $981,918. The com¬ after Wilcox, announced 20 sition of that and Philharmonic cf Mayer. President/ on reached for acqui¬ Emil- E. Dr.; has agreement an been holdings In this corporation by Bernard H. Lippin, Radio Corp., John York; New Meek, S. of John Meek Industries, Inc., Plymouth....Ind./and Leslie Roberts, President of Long Island Bankers, New York.Expansion of product'on and distribution of Wilcox-Gay television President Evan this amount to defray part of the cost of exten¬ . additions and improvements to its properties and these of its West Coast Telephone Co. of California, during 1950. It is anticipated that such expenditures will aggregate approximately $2400,000. '' V.vf .'.V;' . ,f ■ v V." ' sions, Certain ments, It of-the which contemplated will expenditures will be in retirements estimated result made has . been trade and other electropiyx. products' is electronic manufacturing Wilcox-Gay names and at $350,000. devices Recordio. Registration Statement for replace¬ planned. The-firm under-the for-30- years " , Withdrawn— / The ing expected that the remaining funds required for the completion of this program wiil be obtained from (a) cash on hand as of Dec. 31, '1949, (bV internal sources, the principal items of which are first mortgage 3V* f/o bonds, due May 1, 1977, at 102.75 and interest. Payment wll) be made at the City National Bank & Trust Co., trustee. Chicago. 111.—V, 171, p. 1187; $35,000 of recorders sets, subsidiary, the for \ income March Co.—Partial Redemption— redemption for called been Net income from proceeds to be received by the company from the safe of the 35,000 shares of $20 par common stock offered March 16 by Blyth 1187. have sinking fund, $3,760,644 2,966,844- West Coast Telephone Co.—Additional Data— The comparing with 238,242 three months before, in for duplication of holders of both classes of approximate total increase was 5,309 holders,—V. 171, Upper Peninsula Power 3,403,262 Wilcox-Gay Corp.—New Interests to Acquire Stock— allowing and 19477-. -3,702,233 will be used for moderniza¬ Worth.—V. 243,551 instances 1J48 $4,300,700 Other (no pari to be offered at the market the proceeds going to Mr. and Mr3. Ramsey C. Armstrong, selling stockholders. The offering will be underwritten by Laird & Co., Wilmington, Del.; Barron McCuiloch and Aug. about YEARS CALENDAR FOR 1949 shares of common stock of about $16 per share, 2,500 price 1949, when increase of 2,954 an ' $4,782,593 Welex Jet Services, Inc.—Files With SEC— A letter of notification 5, 1949. corporation's preferred stockholdeis of record Feb. 6, 1950, totaled 75,983, a decrease of 159 since Oct. 31, 1949. On the latter date there were 76,147, a decrease of 37 since Aug. 1, 1949, The total number of stocKholders as of these dividend record dates is date.—V. 171, p. 1137. proceeds, together with other funds, tion and expansion.—V. 168, p. 1189. The both reorganization between this corporation and Clinton which was approved by the stockholders of Warner Feb. 20, 1950, became effective March 14, 1950, and books for the capital stock, par $1, of Warner, was The Gain in Number of or 30,000 shs. Operating.expenses on corporation's common stockholders of record on182,806, an increase of 5,473 since Nov. 4, there ACCOUNT -• 150,000 shs. 200,000 shs. INCOME - - 500,000 shs^. —100.000 par CONSOLIDATED Weill & Co.—Negotiating for Loan—The is negotiating with Eastern institutions for a $2,000,000 20-year loan. Stockholders— The stock, < 1,000,000 • . Operating revenues (Raphael) be applied towards the payment of of $19,500,000.—V. 171, p. 1036. numbered $3,725,000 * * $1.20 dividend series— Common j,Outstanding , company City Power & Light Co. at $12 per share on the basis of three shares for each five shares of United stock. The proposal is in pursuance of Unitecfs plan of liquidation. Pro¬ ceeds are to be used for the payment of the $5,935,319.41 balance of the bank indebtedness of Continental Gas & Electric Corp., assumed United States Steel Corp.—Reports ; $10,000,000 «"• .«•.*.-/;* I__ 1971 due B of at light forecast PRESENT FINANCING 3sinking fund debentures due 1963 500,000Cumulative preferred stock (pa: $25-v-* * of Co., /'permanently closed as of said of Kansas City stock [- plan transfer .the on by United, and the remainder is to Railways' bank loan in the amount amendment with Aircraft Corp. stockholders, Its to charter a Series be ' ■ Authorized i 1971 ' March 23 received SEC authorization to offer for on or about March 30, the right to purchase United's holdings of 1,904,003 shares of the common stock of Kansas The sale approved due series the in cannot • . GIVING EFFECT TO ' Co.—Financing Cleared— United Light & Rys. 22 BYsVc Warner Aircraft Corp.—Plan Effective— Machine p. March on Capitalization— reflect the retirement and cancellation of 4,000 shares in sinking fund provisions,—V. 170, p. 2580. 96,000 to to until April persons application.—V. 169, stockholders accordance purposes. interested given has SEC whien conditions *« in determined be , CAP1TALIZ \TION, and General Manager of all three companies. into a single series the outstanding V/* % cumulative preferred and 3Vut/c- cumulative preferred shares, special series. The amendment also reduces the authorized preferred shares from 100,000 23 requested SEC authorization to issue Columbia Gas System, Inc., from time to 1951, its unsecured notes in the of $8,600,000, the proceeds to be used by on March The March 31, aggregate principal amount The and circumstances of sale will $430,000) and aduiuonal securities. approximate to the (c) thereof nature present. changing United Fuei Gas Co.—To Borrow— time future (expected and earnmgs First mortgage bonds___„-_.:_^_* hearing upon the application. and had Meyer, Victor ChemicalvWorks—Change request a to Mr. depreciation and amount —V. The until April 6 November. last formerly Vice-President 170, p. 2069. Colliery proposes to apply the proceeds to the payment of $400,000 owing Union Electric Co. of Missouri (parent of Power), on open account $100,000 owing Power cn open account and 5500,000 to the reduction of its indebtedness to Power represented by $929,541.16 of promissory The who was also elected President of Central Vermont Telephone Corp.. another subsidiary, was since vacant for unappropriated Tri- H. been of $1,000,000. consideration gate by Union Electric ox an addiv $100 par capital stock for an aggre¬ 10.000 shares of Colliery's tional Meyer has been elected President of this corporation and Stace Associated Telephone Corp., ooth subsidiaries. Both offices L. and Union Colliery authorizing the purchase company accruals Upstate Telephone Corp. of New York—New President Co.—To Increase Investment— Co. have applied to the SEC for Union Electric Power This Monday, - April 3, 1950 CHRONICLE FINANCIAL & COMMERCIAL THE (1396) 44 is registration statement filed March 20 with the SEC and cover¬ shares of common stock (par $1) which were to have publicly offered through Gearhart, Kinnard & Otis, Inc., wiil withdrawn.—V. 171, p. 1299. •.•:^ ;v ...-» 300,000 been be STATE AND CITY DEPARTMENT BOND PROPOSALS AND NEGOTIATIONS ,v/ ....... ALAS AM Ar Wilcox Alabama * Sch. Dist., Sacramento (P. Oi Sacramento), County Camden), (P; O. County ; Fruit ridge building bonds. Dated May 1, 1950. Denomination $1,00. Due on May from I California 1951 inclusive. to' 1975 r Bond Bond Sale—The $60,000 general Offering—C. C. La Rue, Principal and interest (M-N) pay¬ The second highest Mercantile - bidder was Bank Commerce & Trust Co^ St. Louis, H, V. & Co., Kalman & Co., and Sattley Cough- ler, of Chicago. jointly, for iy2S and l%s price of 100.16, a basis of lin & Co., County Clerk, will reeeive sealed able at the County Treasurer's of¬ at a bids until 10 a.m. (PST) on April fice. ".V.M-i -. v about 1.78%. ; 10 for the purchase of $90,000 FLORIDA: ; ; to George M. Wood & Co., of school coupon or registered bonds. Twin Fall* County (Pi O. *', v Gadsden Montgomery, and the Trust Co. of County (P. O. Dated May t, 1950. Denomination '■:>7Quincy), Fla. '.■•.* '■' Georgia, of Atlanta, jointly. Due ^ Twin Falls), Idaho $1,000. Due on May 1 from 1952 to from 1951 to 1964 inclusive. j Bond Sale—The $300,000 hospi¬ Bond Offering—F. F. Morgan, 1973 inclusive. Principal and in¬ tal construction and equipment Clerk of the Board of. County ARKANSAS terest (M-N) payable at the bonds offered March 27—v. 171, Commissioners, will receive sealed County Treasurer's office. Legal¬ Ut; Hope, Ark* v bids until 10 a.m. (EST) on April p. 1188 — were awarded to the Bond Sale—The $115,000 special ity approved by Orrick, Dahlquist, Mercantile-Commerce Bank & 10 for the purchase of $360,000 Neff oc Herrington, of San Fran¬ sewer* revenue bonds offered Trust Co^ of St. Louis, and Boshospital coupon' bonds. Dated cisco. ■ : '• !! March 21 were awarded to the W, July 1, 1948. Denomination $1,000. worth, Sullivan & Co., of Denver, R. Stephens Investment Co., Los Angeles County Sch. Dists. of at a price of 100.06, a Due on July 1 from 1951f to 1968 jointly, Little Rock, as 2%s. basis of about 1.34%, as follows: (P. O. Los Angeles), Calif. inclusive. The bonds maturing in Bond Offering—Harold J. Ostly, 1954 and thereafter are redeem¬ $77,000 as iy>s. Due on Jan. 1 CALIFORNIA "1 County Clerk, will receive sealed able at the from 1952 to 1954 inclusive. option of the County •X., Alamo School Diet. Contra Costa bids until 9 a.m. (PST) on April in the order of their maturities 165,000 as l%s. Due on Jan. 1 4 for the County (P. O. Mertinez), Calif. purchase of $433,000 on from 1955 to 1960 inclusive. July 1, 1953, or on any other Bond Sale—The $41,000 build¬ building and improvement bonds, payment date thereafter, at par 58,000 as l^s. Due on Jan. 1 in ing bonds offered March 27—v. divided as follows: 1961 and 1962. plus accrued interest. Principal 171,, p. 1300—were awarded to $250,000 Azusa City School Dis¬ and interest (J-J) payable at the The second highest bidder was Dean Witter & Co. of San Fran¬ trict bonds. Due on May 1 Chase National Bank, New York Halsey, Stuart & Co., for llfes, at cisco, at a price of 100.07, a basis from 1952 to 1971 inclusive. City. Legality approved by Cald¬ a price of 100.90, a basis of about of about 2.31%, as follows: 159,000 Garvey School District well, Marshall, Trimble & Mit¬ 1.37%. $20,000 as 2s. Due on May 1 from bonds. Due on May 1 from chell, of New York obligation road and bridge bonds offered March 13 awarded were be mutually agreeable to the purchaser and the District/Legal¬ ity approved by Chapman & Cut¬ may ^ . ' Andersotr~Twpj Sch. >'Twp.-*(P? O. ;Ander*on}iilhdi- ':*^:^-;:' Bond Sale—The $50,000 build¬ ing 1950 bonds offered March 27 171, —v. to 1188—were awarded Banking Co., of p. the Anderson - . City. t 1951 8,000 to as 1960 inclusive. 2y4s. Due on 1952 to May 1 24,000 from 1961 to 1964 inclusive. 13,000 as 2V2S. Due on May 1952 from 1965 to 1970 inclusive. Dated The second highest bidder was Bank of America National Trust & f Arroyo Grande Onion Elementary Sch. Dist., San Luis Obispo County on Dist. (P. > Bond Sale Details—The previously noted in 171, p. 1300, were sold / as 2s, at a price of 10Q.24, av-basis of about 1.96%. '• /A.V.7" I * ' ' • - ' r Denomination 15 from $1,000. 1951 to 15, Due 1970 office. Legality approved by Orrick, Dahlquist, Neff & Her¬ County (P. O. Milton), Fla. Offering—C. the of Board E. ofv County Commissioners, will sell at public auction at 10 a.m. (EST) on April II an issue of $200,000 hospital bonds. Dated July 1, 1950. corporate purpose tax an¬ ticipation warrants offered March 30—v. 171, p. 1188—were awarded to a syndicate composed of A. G. Becker & Co., of Chicago; Harris, Denomination $1,000. Due on July 1 from 1951 to 1970 inclusive. Le¬ Hall & Co.; gality approved by Giles J. Pat¬ terson, of Jacksonville. X r Weeks, . both of Falls, Idaho Bond Sale—The $550,000 public building bonds offered March 22— 171, 1088—were awarded to p. both Co., of Milwaukee, F. S. Moseley & Co., and Mullaney,- Wells & Co., IDAHO Idaho Paine, Webber, Jack¬ Curtis; Hornblower & of Chicago; Braun, Bosworth & Co., Inc., Milwaukee & son the Harris Trust & Savings Bank, of Chicago, First Security Bank of Utah, N. A. Edward L. Burton & plus a Chicago, at 1%% interest, premium of $3,705. California County Sch. Dist. No. 98 (P. O. 113 Payton Street, Geneva), Illinois Bond Offering—H. Mv j 1 Bond Offering—George S. Jones, $210,000 County Clerk, will receive sealed bids until 11 13 for the (PST) on. April purchase .of?. $500,000 a.m. . as IV2 s. Due from 1952 340,000 4 as on March 1 to 1959 inclusive. l%s. Due on March 1 from 1960 to 1970 inclusive/ .1 >T' i'? .V-* (CST) on Due 1 from 1951 to 1964 inclusive. able pany at in such bank the City or trust Jan. on of Chicago/ as Dated bonds. 1 from 1952 1970 to (J-J) Principal and interest payable at the First State Bank of Decatur. Legality ap¬ by Ross, McCord, Ice & Miller, of Indianapolis. proved Gary, Indiana Bond Sale—The $700,000 police station & bonds offered awarded were Co. to March R. S. 28 Dickson of Chicago, Braun, Bos¬ Co., Inc., and Raffensperger, Hughes & Co. of India¬ napolis, jointly, at price of 100.03, worth a & basis of about $300,000 400,000 1.89%, 134s. as from I960 2s. as to 1962 Du^ follows: as Due on Oct. on 1 inclusive. Oct. 1 in 1963 and 1964; ; Indianapolis awarded Indiana to 171, a notes 1300 p. syndicate the American Na¬ Indiana National Merchants National Bank, of Bank, Union all City, $420,000 March 28—v. —were Co., School Sale—The offered Trust and of the Co., Indiana Trust Fletcher Trust Indianapolis, at 1V4% Co., in¬ terest. I - ' . Jefferson Twp. pay¬ com¬ pur¬ inclusive. Bank, Principal and interest (J-D) p.m. the for coupon composed Dec. 28 will 2 April 1, 1950. Denomination $1,000. tional on April 1950 nue Coultrap, Due until bids chase of $70,000 water works reve¬ Secretary of the Board of Educa¬ tion, will receive sealed bids un¬ Denomination $1,000. Clerk-Treasurer, sealed Note Kane the follows: City receive Chicago Sanitary District, III. Sale —The $9,900,000 (1950) * Decatur, - Ind.1 Offering^-E. Vernon Au- ; Bond rand, Warrant Locklin, Co., both of Salt Lake City, and American National' Bank, of til 8 p.m. (CST) on April 12 for Tamalpais Union High Sch. Dist., Idaho Falls, jointly, at a price of the purchase of $100,000 building Marin County (P. O. San Rafael), 100.002, a basis of about 1.70%, as coupon bonds. Dated April 1, 1950. rington, of San Francisco. $69,000 v. City Clerk, June urer's O. school bonds purchased by Heller, Bruce & Co., of San Francisco, as C. Principal and interest (J-J) payable at the City Treas¬ Santa Rosa), Calif. If Monterey, Calif. Offering — Edward inclusive. Prin¬ cipal and interest (J-D) payable County Treasurer's office. Sch. Clerk v. June 1 at the Union May 1, 1950. Denomina¬ registered bonds. Dated June ing bonds. Dated June 1,1950. De¬ Dunbar Bond 1970 inclusive. protection system 1950 coupon or 1950. Rosa from will receive sealed bids until 12:15 p.m. (PST) on April 25 for the purchase of $550,000 public library and fire County Clerk, will receive sealed bids until 2 p.m. (PST) on April 3 for the purchase of $130,000 build¬ from 1951 tol 970 inclusive. 1 ILLINOIS Santa District May coupon '' Bond Walker, (P. O. San Luis Obispo), Calif. Bond Offering—A. E. Mallagh, on to on Principal and interest (M-N) payable at the County Treasury. t Due Due tion $1,000. Savings Association, San Fran¬ cisco, for 2s, 2y4s and 2M»s, at a price of 100.11. nomination $1,000. School Azusa bonds. 1 1972 inclusive. Anderson, as 1 *&s, at a price of 100.70, a basis of about 1.40%;;.T^he second highest bidder, was Frank E. Hailstone & Co., for IV2S, at a price of 100.49. Bond (P. O. R. R. 2, Jamestown), Ind. Offering—Ora W. Burgess, Township Trustee, will receive <ij: '1 171 Volume ' 'Ml. Number 4895 1 sealed bids until 7 p.m. (CST) THE lows: Township School $50,000 Due on 1967 bonds. inclusive. 1 from July 1967 inclusive. Dated ation Legality $1,000. . . Rockport Sch. City, Ind. Bond Offering — Tina Miller, Secretary of the Board of School Trustees, will receive sealed bids until 2:30 p.m. (CST) on April 10 for the purchase of $26,000 build¬ ing bonds. Dated March 15, 1950. Denomination $1,000. Due on July 1953 to 1957 inclusive. J -J.1 Legality terest Ross, McCord, Indianapolis. 1, Bond Ice were tional Bank Note ceive sealed & Miller, Legality approved by Storey, Thorndike, Palmer & Dodge, of Boston. $20,738.06 im¬ the and Iowa y Offering—John J. City Treasurer, will bids April until 11 $19,500,000 II Ghin- receive improvement the to Co., of Davenport, gan $14,000 bonds & Co., tionah 0.75% series ' • sixth water bonds 1, 1950. Due on Sept. 1 from 1952 to 1976 in¬ clusive. Dated ; ./ ! seventh water bonds. Dec, 1, 1949. Due on Dec. 1 from 1955 to 1979 incl. Denomination $1,000. Princi pal and interest (M-S) pay¬ White-Phillips as able in Baltimore. Legality approved by Wood, King & Dawson, of New York City. Waterloo, Iowa Sale—The $13,904.76 spe- Na- jointly, $400,000 171, 1951 Housing Authority, Mass. $1,750,000 fifth March 10 1301—were awarded p. The Bonds 0.81% interest. to 0.71% discount. 4 awarded National Boston, '» < Sale—The Bank, at Y to of count. care 1950. bonds. 30 April 115, $1,000. ' Due 1301—were awarded First of Michigan Corp. of at Second National 0.74% at dis¬ . dated are April price a about to of 1.84%, 100.14, as a the Detroit, basis of follows: $54,000 as 2^4s. Due on April 1 from. 1951 to 1956 inclusive. 34,000 as 134s. Due on April 1 12,000 3, l%s. as Due on April 1. 1960. • Huntington Woods, Mich. ' Offering—Ray Butterfield, City Clerk, will receive sealed Note bids until 7:30 p.m. (EST) on April 13 for the purchase of $25,000 tax anticipation notes. Dated April 15, 1950. Due on Aug. 15, 1950. Principal and interest pay¬ able at the office of the purchaser. . michigan :.r , i x Michigan 1' 'C •* Offering — Gillivary Bond H. Fletcher, Director of School Board, will receive sealed bids 7 until April 15 from 1951 to 1970 in¬ p.m...(EST) on April 3 for the pur¬ chase of $170,000 building coupon clusive. Principal and 1 interest payable at the Second National bonds. Dated April 1, 1950. De¬ nomination $1,000. Due on April Bank, of : Boston. Legality ap¬ Legality approved by Miller, Canfield, Paddock & Stone, of De¬ troit. !'':V ■ •' ' ''; "Y':', "' f-v 1 from Bonds be ;1951 to 1965 inclusive. maturing in 1961 to 1965, to callable in inverse numerical . 1- i. V Kalamazoo Twp., Burke Sch. Dist. on proved by Storey, Thorndike, Pal¬ mer & Dodge, of Boston. < >" Niles), Mich. Bond Sale—The $100,000 school bonds offered March 28—v. 171, were Buena Vista Franklin Dated Denomination Howard Twp., Howard Community Sch. Dist. No. 1 (P. O. R. R. No. 1, reve¬ of the Second Street, Boston, until 11 a.m. (EST) on April 4 for the purchase of $400,000 school loan, Act of 1950 coupon the indlu- from 1957 to 1959 inclusive. Dec. 1, 1950. on Offering—Harry L. Che¬ Town Treasurer, will receive Bank,'. Ill 1967 1950. Due Bond National to Twp. Sch. Dist. No. I (P. O. 1635 Mack Road, Saginaw), Sharon, Mass. ney, April March Boston, .. Notes 1952 Box 222, $100,000 notes offered nue from Principal and interest (M-S) payable at a bank to be designated by the purchaser. Legality ap¬ proved by Miller, Canfield, Pad¬ dock & Stone, of Detroit. p. dated are Note 1 sive. Winchendon, Mass. , the of 1949 from 1, 1950. $1,000. Principal and interest payable at the Day Trust Co., Boston. Legality ap¬ proved by Storey, Thorndike, Pal¬ mer & Dodge, of Boston. highest bidder was J. P. Mor¬ & Co., Inc., and Second Na¬ tional Bank, Boston, jointly at [Bank 1 Denomination sec¬ gan awarded Act of April on 1970 inclusive. clusive. to ond Quincy, Mass. Due to 280,000 school loan notes. Due on April 1 from 1951 to 1970 in¬ — Hutzler, of New York, at 0.74% interest. Shawmut school loan, bonds. offered was 45 building bonds. Dated May 1, 1950. Denomination $1,000. Due on March highest bidder The sale consisted of: at Sale—The notes second Halsey, Stuart & Co., and Paine, Webber, Jackson & Curtis, jointly, for 134s, at a price of 100.85. interest. sealed bids in v Dated March > First and Boston, Salomon BroSi & of bonds, divided coupon $10,000,000 has Inc., Bank, (EST) a.m. the purchase for follows: ■ The Hutzler, of New York, at 0.74% interest. The sec¬ ond highest bidder was J. P. Mor¬ were State 1301—were awarded to p. 1949 bonds. 280,000 school loan bonds. — $1,000,000 notes offered March 29—v. 171, p. 1301 Baltimore, Md. Bond as 30 i (1397) $400,000 school loan, Act of first March ♦»!<•«• CHRONICLE Note Sale—The maryland sealed Bonds Sold—An issue of Bond p.m. 1950. Trust sold 5 on April 3 for the purchase $800,000 notes. Dated April 3, 1950. Denomination $50,000, $25,000 and $10,000. Due on Dec. 4, 9,500,000 been until ; Maquoketa, Iowa street bids re¬ (EST) of City, Iowa Bank, * O. will $315,OuO offered Salomon Bros. & v. Treasurer, of Co., both of Iowa City, jointly, at a price of par. v City In¬ offered March awarded to the First Na¬ & 171, v. Pittsfield bonds provement 27 by & Lewiston, Me. Offering — Adrian Anctil, FINANCIAL Sale—The notes Note v ,,■>" Sale—The De¬ Note series approved by iowa Iowa , 1950. Dodge, of Boston. on ; 5, $350,000 Legality approved Thorndike, Palmer 1951. ger, ; April April on nomination $25,000. Due on March approved by Ross, McCord, Ice & Miller, of Indianapolis. £ 1 from Dated Storey, April 24, 1950. Denomin¬ p.m. (EST) purchase of the for notes. 1 from 1952 to July bids until 4 & Milbury Housing Authority, Mass. Auburn, Me. Note Offering—Bernal B. Allen, City Manager, will receive sealed 1952 to 50,000 Civil Township bonds. Due on maine on April 24 for the purchase of $100,000 school bonds, divided as fol¬ COMMERCIAL S»I»I No. 20 (P. Bond bonds p. O. Kalamazoo), Michigan Sale—The $80,000 school offered 1301 — March were 27—v. awarded to 171, the First of Michigan Corporation, of Detroit, at a price of 100.20, a Somerville, Mass. "rY •' order on April 1, 1960, or any in¬ Offering—Francis J. terest payment date thereafter, at basis of about 2.30%, as follows: Attleboro, Mass. Tague, City Treasurer, will receive 101% in 1960 and 1961;'100%-% in. $40,000 as 2%s. Due on July 15 were awarded to the Wilder Pav¬ Note Sale—The $300,000 notes sealed bids until 11 a.m. (EST) on 1962 and 1963; 100% in 1964. Prin¬ from 1951 to 1958 inclusive ing Co., of Waterloo, at a price of offered March 29 were awarded April 14 for the purchase of $500,- cipal and interest (A-O) payable 40,000 as 21/4s. Due on July 15 par. ' ' to the Second National Bank of 000 - notes. Dated April 4, 1950. at the office of the Treasurer of from 1959 to 1966 inclusive. Additional Sale—The $24,042.79 Boston, at 0.74% discount. The Denominations $50,000 and $25,000 the District or, at the option of The second highest bidder was special assessment paving contract second highest bidder was First Due on Nov. 30, 1950. Legality the holder, at the Second National the First National Bank, Kalama¬ No. 47 bonds offered on above National Bank, Attleboro, at approved by Storey, Thorndike, Bank & Trust Co., Saginaw. Le¬ date were awarded to the John G. zoo, for 3s, at a price of par. 0.78%. Palmer & Dodge, of Boston. ; i gality approved by Miller, CanM i ller Construction Co., of Notes are dated March 29, 1950 Morenci, Mich. field, Paddock & Stone, of Detroit. Somerville Housing Authority, Waterloo, at a price of par... Denominations $50,000 and $25,000 Bond Offering—Arthur Turner, Massachusetts Detroit, Mich. Due on Nov. 10, 1950. Legality ap¬ City Clerk, will receive sealed kansas Note Offering—Charles G. MarBond Offering — John Witherproved by Storey, Thorndike, Pal¬ y7'' ' *; ' '! bids until 7:30 p.m. (EST) on tignette, Chairman, will receive spoon, City Controller, will re¬ mer & Dodge, of Boston. Cimarron School District, Kansas April 10 for the purchase of $50,sealed bids at the office of the ceive sealed bids1 until 10 a.m. Bonds Sold—An issue of $110,000 water supply system revenue Berlin, Mass. State Housing Board, 18 Tremont (EST) on April 11 for the pur¬ 000 gymnasium and class room coupon bonds. Dated Jan. 1, 1950. Note Sale—The $120,000 Schoo Street, Boston, until 11 a,m. (EST) chase of4 $812,000 public utility bonds has been sold to the First Denomination $1,000. Due on Jan. on April 6 for the purchase of $2,Loan, Act of-1947 notes offeree street railway refunding, Series R /Securities Co; of' Kansas, Wichita March 24 were awarded to Robert 1 from 1952 to 1972 inclusive. 475,000 Second Series notes. Dated coupon bonds. Dated April 1, 1950. as 134s and 234s. i/TYY* Y Bonds maturing in 1956 to 1972, Hawkins & Co., of Boston, as 134s, April 17, 1950..,Due on April 17, Denomination $1,000. Due on April shall be subject to at a price of ■"> ,: r Kansas City, Kan. r f redemption, in 100.09, a basis ol 1951. Principal and interest pay¬ 1 from 1957 to 1963 inclusive. Bond,- Sale—The $269,787 1Vz % about 1.74% interest. The second able at the National Shawmut Principal and interest (A-O) pay¬ inverse numerical order; on any interest payment date on or after improvement bonds offered March highest bidder was the Clinton Bank, of Boston. Legality ap¬ able at the current official bank Jan. 1,1955. Principal and interest 28 were awarded to the Commer¬ Trust Co., Clinton, for 134s, at a proved by Sullivan, Donovan, of the City, in Chicago, New York (J-J) payable at a bank or trust cial National Heenehan & Hanrahan, Of New City, or Detroit. 7 y j7"7;, Bank, of Kansas price of par. Legality approved York City. City, at a .price of 101.42. Due on Y Y -5\..'V,' J by Miller, Canfield, Paddock & company to be designated by the Fall River, Mass. purchaser. Legality approved by March l.from 1951 to 1960 incluStone, of Detroit. " . Note Sale—The $1,000,000 notes Springfield, Mass. Miller, Canfield, Paddock & Stone, sive. The second highest bidder offered March 29 were awarded to Bond Sale—The $764,000 234% Notes Sold—An issue of $1,000,of Detroit. was Commerce Trust Co., Kansas V the National Shawmut Bank of 000 notes has been sold privately, to 5% general obligation bonds City, for a price of 101.39. Boston at 0.90% discount. Troy Township (P. O. Route 2, at 0.63% 'discount. Due on Nov. offered March 29—v. 171, p. 1301 Notes are dated March 29, 1950 —were awarded to Braun, BosBirmingham), Mich. Lyon County (P. O. Y 15, 1950. :,r;v- 7.1 ; Denominations [ Bond Sale—The $235,000 water $50,000, $25,000 worth & Co., Inc., at a price of ! Emporia), Kan. Springfield Housing Authority, $10,000 and $5,000. Due on Nov Bond Offering — Fred Fowler supply system junior revenue 105.43. v,; ..... > , Massachusetts bonds offered March 28—v. 171, Chairman of the Board of County 15, 1950. Legality approved by Erin and Lake Twps. Frac. Note Offering—John I. Robin¬ p. 1301—were awarded to Miller, Commissioners, will receive sealec Ropes, Gray, Best, Cool id ge & Sch. Dist. No. 3 (P. O. Kenower & Co. of Detroit, at a bids until 2 p.m. (CST) on April 4 Rugg, of Boston. son, Chairman, will receive sealed ! 31290 Gratiot, Fraser), ' bids at the office of the State for the purchase of $125,000 hospi¬ price of 100.0004, a basis of about Lynn, Mass. Michigan tal coupon bonds. 2.91%, as follows: Dated April 1 Housing Board, 18 Tremont Street, Bond Sale—The $725,000 classi¬ Bond Offering—Paul G. Doerr, 1950. Denomination $1,000. Due on Boston, until 11 a.m. (EST) on $115,000 as 2%s. Due on April 1 cal high school loan, Act of 1950 Secretary of the Board of Educa¬ April 1 and Oct. 1 from 1951 to bonds offered March 28—v. 171 April 6 for the purchase of $2,from 1954 to 1969 inclusive. tion, will receive sealed bids un¬ 1960 inclusive. Principal and in¬ p. 1301—were awarded to Glore 350,000 second series notes. Dated 120,000 as 3s. Due on April 1 til 8 p.m. (EST) on April 4 for terest payable at the State Treas¬ April 17, 1950. Due on Oct. 17, from 1970 to 1979 inclusive. Forgan & Co., of New York, and the purchase of $50,000 building 1950. urer's office. Principal and interest pay¬ Robert Hawkins & Co., of Boston The second highest bidder was able at the Springfield Safe De¬ coupon bonds. Dated Dec. 1, 1949. jointly, as IV2S, at a price of 100.Denomination $1,000. Due on June Barcus, Kindred & Co., for 3Y4S louisiana posit & Trust Co., Springfield. and 3s, at a price of 100.22, a basis 40, a basis of about 1.45%. 1 from 1951 to 1965 inclusive. Legality approved by Caldwell, Louisiana (State of) Bonds maturing in 1961 to 1965, of about 3.08%. Maiden, Mass. Marshall, Trimble & Mitchell, of Bond Offering—The Secretary shall be subject to redemption on Note Sale The $750,000 tax New York City. Ypsilanti, Mich. I' of the Board of Liquidation of the any interest payment date on or Bond Offering—N. G. Damoose, anticipation ■ notes offered March, State Debt will receive sealed Wenham, Mass. after June ,1, 1956, in inverse City Clerk, will receive sealed 28 were awarded to the Merchants bids until April 26 for the pur¬ Note Sale The $30,000 water numerical order, at par plus a National bids until 7:30 p.m. Bank, of Boston, at (EST) on chase of $4,000,000 institutional system notes offered March 23 premium as follows: Bonds called April 4 for the purchase of $141,0.72% discount. Due on Nov. 7 bonds. Dated March 15, 1950. Due on or before June 1, 1959, $15.00; were awarded to Whiting, Weeks 1950. ' 225.26 special assessment paving from 1952 to 1968 inclusive. Call¬ & Stubbs, of Boston, as Is, at a bonds called after June 1, 1959 coupon bonds. Dated April 1,1950. Marble head Housing Authority, able in 1955 at 102. and prior to June 1, 1962, $10.00/ Denomination price of 100.13, a basis of about $1,000, except one cial , assessment No. 47-A paving contract massachusetts .. Note bonds offered March 27 . , . •' •• •" .« ' -. . . ' - ■ . ' • - < , ' . .. , - • < 1 — — Massachusetts New Orleans, La. Bond Offering Liquidation, ceive (CST) City April as .follows:**, r until 19 for chase of $4,500,000 v The Debt, bids sealed on — will 11 the of re¬ a.m. pur- bonds, divided / Sale—The Note Board series were notes * $245,000 offered thirc March 30 at awarded to Salomon Bros. & Hutzler, of New York, at 0.77% interest. The second highest bid¬ der 0.98%. The second highest bidder was F. S. Moseley & Co:, for Is, was a price of 100.10. are dated -May 1, 1950. May 1 from 1951 to 1953. Notes Due on West port, National Shawmut Bank Mass. bonds called on or after June 1, premium. Principal and interest (J-D) payable at the De¬ 1962, troit no Trust Co., Detroit. Legality by Miller, Canfield, Paddock & Stone, of Detroit. 1951 to 1960 and interest April 1 from inclusive. Principal (A-O) payable at the City Treasurer's office. approved _ ^ for $1,225.26. Due on minnesota Blue Earth County Con. Sch. Dist. Boston, at 0.81% interest. No. 146 (P. O. St. Clair), Minn." offered March 30 were awarded Notes are dated April 10, 1950 Bond Offering — Frederick J* to Kidder, Peabody & Co., of Bos¬ ,' Y t C bonds.-i - -■ .• * J, \i Due on Oct. 10, 1950. Principa Bestmann, District Clerk, will re¬ 2,500,000.street improvement, Se- and interest payable at the Na¬ ton, Harriman Ripley & Co., Inc., bids until 8 • pja; ,; ries -D bonds. Y-v- J and Coffin & Burr," of Boston, Dougherty, Secretary of the Board ceive • sealed tional Shawmut Bank, of 'Boston -^)ated June If J050. jDue\qn Dec Legality approved. by Sullivan jointly, as 134s, at a price ; of of Education, will receive sealed (CST) on April 6 for thepurchase of $35,000 building bonds.' Ditedt -1 from 1941 to 1989 inclusive. Call¬ Donovan, Heenehan & Hanrahan 100.86, a basis of about 1.65%, as bids uniil 8. p.m. (EST) on April 12 for the purchase of $3,185,000 March 1, 1950. Denomination "$!,follows: • of New York. ~ able Dec; 1/1969, at 102. • " * $2,000,000 grade separation, Series ; Bond Sale—The , $680,000 bonds Grosse Pointe . + . ' Rural Agric. Dist. No. 1 (P. O. Grosse Pointe), ...' ' Michigan i Bond Offering — Franklin D. Twp. +»-»> 4 si**" 'ftfUfWilfW ui^Sfc^ ^ f-1iyiiyi"*'''1t H- H^^'i"**!-1 itw-fiwUVf "'r'li'Ji^^^jili'ifttrti'if __ 7 46 THE (1398) Jan. 000. Due 1962 on 1 from inclusive. 1952 to Bonds dated April COMMERCIAL 1, 1950. & FINANCIAL CHRONICLE Monday, April 3,; 1951 Dated April 1,1950. Denomination 000 sanitary sewer system, Series .'•> Well.(P- O. Well,). N. Y. Due on April 1 from 1951 B, 1950 coupon or • registered Bond. Sals—The $28,000 generj terest to 1968 inclusive. suitable Principal and bonds. Dated April 1, 1950. De¬ improvement 1949 bonds offered bank or trust company as may be Principal and interest (A-O) pay¬ interest (A-O) payable at the nomination $1,000. Due on April 1 March 23—v. 171, P, 1190—weH designated by the purchaser. Le¬ able at the First National Bank, of Merchants Trust Co., Red Bank. from 1951 to 1980 inclusive. Prin¬ awarded to R» D. White & Co., ol Boston. gality approved by Faegre & Ben¬ Legality approved by Legality approved by Quinn, cipal and interest (A-O) payable New York, as 2.40s, at a price oj son, of Minneapolis. Storey, Thorndike, Palmer & Doremus, McCue & Russell, of at the Marine Midland Trust Co., 100.11, a basis of about 1.36%. The Red Bank. ' '. New York City. Dodge', of Boston. Legality approved second highest bidder was C. Columbia Heights, Minn. by Wood, King & Dawson, of New Bond Offering—P. Theo. Olsson, Somerset County Keene, N. H. Weinig Co., for 1.40s, at a price o (P. O. Somer York City. ,/V- loooo. " Note Sale—The $300,000 notes City Manager, will receive sealed ville), N. J. bids until 8 p.m. (CST) on April offered March 29 were awarded Bond Offering — Chester Van German Flatts Union Free School NORTH CAROLINA 11 for the purchase of $75,000 per¬ to the National Grange Mutual Tine, Clerk of the Board of Chos¬ District No. 1 (P. O. Box 417, manent improvement revolving Liability Insurance Co. of Keene, en Freeholders, will receive sealed V llion), N. Y. Asheboro, N. C. A fund coupon bonds. Dated March at 0.76% discount. bids until 11 a.m. (EST) on April ' Bond Offering—Earl P. Bond Offering — W. E. Easter Watkin, 14 for the purchase of Notes are dated April 3, 1950. 1, 1950. Denominations $1,000 or $1,584,000 District Clerk, will receive sealed ling Six retary of the Local Gov $500. Due on March 1 from 1952 Denomination $25,000. Due on coupon or registered bonds, divid¬ bids until 3 p.m. (EST) on April ermne.it Commission, will receiv to 1961 inclusive. Dec. 4, 1950. Legality approved by ed as follows: Principal and 5 for the •/ purchase of $290,000 sealed bids until 11 a.m. (EST) o interest (M-S) payable at any Storey, f Thorndike, Palmer & $64,00 county land and building building 1950 coupon or registered April 4 for'the purchase of $100, suitable banking institution desig¬ Dodge, of Boston. street improvement coupo bonds. bonds. Dated April 1, 1950. De¬ 000 nated by the purchaser. Legality bonds, Dated May 1,1950. Denom 1,520,000 county land and admin¬ nomination $1,000. Due on Apri NEW JERSEY approved by Faegre & Benson, of inativii $1,000. Due on May 1 from istration building bonds. 1 from 1951 to 1970 inclusive. Bogota, N. J.; Minneapolis, and Joseph E. War1953 to 1902 inclusive. Principa" Dated May 1, 1950. Denomina¬ Principal and interest (A-O) pay¬ Bond Offering — Melville W. go, of Columbia Heights. and interact. (M-N) payable inj tion $1,000. The bonds stated in able at the llion National Bank & Smith, Jr., Borough Clerk, will re¬ New Yoik City. Legality approved combination will mature May 1, as Trust CoM llion. Legality approved Hennepin County Com. Sch. Dist. ceive sealed bids until 8:30 p.m. No. 118 (P. O. Minneapolis 1), follows: $40,000 in 1951; $49,000 in by Vandewater, Sykes, Heckler & by: Reed, Hoyt & Washburn, of (EST)- on April 13 for the,pur¬ New. York City. h Minnesota *'* >7,;V'[ chase of $47,500 general improve¬ 1952; $50,000 from 1953 to 1961 Galloway, of New York City. Bond Offering—Evald Johnson, AAlA:;. P.acford, N; C* A*A ment coupon or registered bonds. inclusive, and $55,000 in 1962 to ; ; Johnson City, N. Y.5 V A i Bond Sale—The District Clerk, will receive sealed 1980 inclusive. Principal and in¬ $125,000 bonds Dated May 1, 1950. Denomination Bond Offering — Herbert bids until 8 p.m, (CST) on April terest (M-N) payable at the Sec¬ offered March 28—v. 171, p. 1302 $1,000, except one for $500.' Due Schaefer,) Village Clerk, will re¬ 13 for the purchase of $180,000 ond National Bank, Somerville. ceive —were awarded to the Kirchofer on May 1 from 1951 to 1960 inclu¬ sealed bids until 3:30 p.m. building bonds. Dated May 1,1950. sive. Principal and interest (M-N) Legality approved by Hawkins, & r Arnold Associates, Inc.', of Denomination $1,000. Due on Jan. Delafield & Wood, of New York (EST) on April 11 for the pur¬ payable/at the Bogota National chase of r $114,000 sewer system Raljeigii, at a price of par, a basis 1 from 1953 to 1970 j inclusive. of about 2.35%, as foUows: o v i Bank, or, at the option of the 1950 coupon or registered bonds. Principal and interest payable at holder, at the Bank of Bogota. Le¬ A •- [ South Orange, N. J. UA ■ Dated April 1, 1950. Denomina¬ $95,000 water and sewer bonds: any suitable bank or trust com¬ gality approved Bond Offering—Howard S. Wat- tion by * Hawkins, $1,000. Due on April 11 from A ;i $26,000 as 2s, due on April 1 pany designated by the purchaser. Delafield & >» Wood, of New York kins, Village Treasurer, will re¬ 1951 to 1973 inclusive. vfrom 1953 to 1961 inclusive; Principal Legality approved by Faegre & City. ^i; ly - ;i ;• ^ ceive sealed bids until 8 p.m. and interest (A-O) payable at the A $39,000 as 2V4S, due on April Benson, of Minneapolis. > V/•>*/■';/ 1 from 1962 to 1970 Cedar Grove Twp. School District (EST) on April 10 for the pur¬ Workers Trust Co., Johnson City. inclusive; Moor head, Minn. chase of $60,000 water coupon or > Apritl Legality approved by Hawkins, (P. O. Cedar Grove), N. J. Bond Sale — Paul A. Cook, City Bond Sale—The $256,000 school registered bonds. Dated May i, Delafield i? & Wood, of New York A ; from ,1971 to .1973 inclusive; Cleric, will receive sealed bids un¬ bonds offered March 28—v. 1950. Denomination $1,000. Due oh A Aand $15,000 as '2 % s,A due on City. • 171, a';a 4a J: v? X' til 8 p.m. (CST) on April 12 for April 1 from 1974 to 1976 p. 1189—were awarded to C. J. May 1 from 1951 to 1970 inclusive. A Macedon, ,N. Y. V the purchase of $450,000 sewage JncluisveA ' " Devine & Co. of New York, and Principal and interest (M-N) pay¬ A ■ Bond Offering — Morris Dear), disposal plant revenue bonds. able at the Manufacturers Trust the First National Bank of Cedar Village Treasurer, will A receive ^0,000 street improvement bonds: Dated May 1, 1950. " Denomination A Co., New York City. Legality sealed bids uhtil 3:30 A $23,000 as 2s, due on April-1 Grove, jointly, as 1.85s, at a price p.m. (EST) $1,000. Due on May 1 and Nov. 1 A from 1952 to 1961 inclusive, of 100.05, a basis of about 1.84%. approved by Caldwell, Marshall, on April 3 for the purchase of $7,from 1952 to 1972 inclusive. PrinA-r % arid $7^000 ais 2%^ due on The second highest bidder was Trimble & Mitchell, of New York 500 fire house building 1950 cou cipal and interest (M-N) City.r/X^'-t 1V" \- /V payableMac! '•"} '• " -A- v! /■ pon or registered bonds.A Dated 5April 1 from 1962 to ,1964 a * Principal payable at any and in¬ are Denomination $1,000. Due on April 1 from 1951 to 1960 inclusive. $1,000. „ i „ . •3 ; ' . . * a ?n the United sS designated the purchaser. by Legality approved by Dorsey, Colman, Barker, Scott & ^^ jointly' for | j at a price ot - Dover Twp. (P. O. Toms River), */)'' v"A. : Washington Sch. Diet*' New Jersey Bond bonds Sale—The $223,000 school offered March 28—v.. 171, p. 1189—were awarded to the Jersey and the Bond Offering—Collin J. Apple- First a National» Bank Mountain Iron, Minn. Washington Trust Co., both of Bond Sale—The $275,000 water, gate, Township Clerk, will receive sealed bids until 8 p.m. (EST) on Washington, jointly, as l%s, at a electric power and steam system April 11 for the purchase of $15,- price of par. The second highest revenue bonds offered March 27 000 parking lot coupon or regis¬ bidder was B. J. Van Ingen & Co., —V. 171, p. 1301—were awarded tered bonds. Dated April 15, 1950. for 2.05s, at a price of 100.24. a| to Kalman & Co., of Minneapolis, Denomination $1,000. Due on April as 3^s and 4s. The second NEW YORK high¬ 15 from 1951 to 1965 inclusive. est bidder was Shaughnessy & Co., Amenia Union Free Sch. Dist. Principal and interest (A-O) pay¬ No. 9 (P. O. Amenia), N. Y. able at the First National Bank of Ramsey County Indep. Sch. Dist. Bond Sale —The $40,000 school No. 36 (P. O. New Brighton), Toms River. Legality approved by 1950 bonds offered March 29—v. '<: Minnesota Percy Camp, of Toms River. A4 171, p, 1189—were awarded to Otis »; Bond Sale—The $150,000 build¬ Fair Haven Sch. Dist., New Jersey & Co., of New York, as 1.70s, at a ing bonds offered March 29—v. Bond Sale—The $220,000 school price of 100.21, a basis of about 171, p. 1301 — were awarded to bonds offered March 28—v. 171, 1.66%. •'V; '^r\':V;::AsA''7V .'AK'V Piper, Jaffray & Hopwood, Allip. 1189—were awarded to B. J. somWilliams Co.,,and JaM. Dain Ballston, Burnt Hills Fire Dist. Van Ingen & Co. of New York, & Co., all of Minneapolis, jointly. as (P. O. Burnt Hills), N. Y. 1.80s, at a price of 100.81, a Bond Offering—J. A. Wadeha County Indep. Sch. Dist. basis of about 1.78%. .The second Rowledge, L Barber, of Minneapolis, New a > * • ? District ' Treasurer, - Oct. 1, 1949. Denomination $1,500. Due on Oct. 1 from 1950 to 1954 AA A inclusive. A Robeson County (P. Principal and interest :.. » A Lumberton), N. C. • (AO) payable at the-Village Hall. A Bond Sale ;— The $1,000,000 inclusive. , A A Note A school Mamaroneck, N. Y.'.'/'AV; Sale — The anticipation notes $300,000 tax offered March 27—v. 171, p. 1190—were awarded to the County Trust Co., of building, Series B bonds offfered March 28—v. 171, p. 1190 —were -awarded to the Branch Banking & Trust Co., of Wilson, Securities Corp., of Mamaroneck; at 0.69% ' interest, Charlotte, Vance Securities Corp., of Greensboro, J. Lee Peeler & plus a premium of $3.03. Co., of Durham, and Kirchofer & Northport, N. Y. .AA! Bond Offering — Guy E. John¬ Arnold Associates, Inc., of Raleigh, ston, Village Clerk, will receive jointly, at a price of 100.05, a . Interstate ■ sealed bids until 2 p.m. (EST) on April 12 for the purchase of $16,000 land acquisition 1950 coupon or registered bonds. Dated March 15, on (M-S) tional Principal payable Bank & at r and interest the First Na¬ Trust about as from Denomination - $1,000. Sept. 1 from 1951 to 1966 inclusive. of 6s. 1953 2.09%, Due as on follows: April 1 to 1957 inclusive. 560,000 as 2s. Due on April 1 •Vfrom 1958 to 1971 inclusive. 220,000 as 2V4S. Due on April 1 1950. ' Due basis $120,000 from 1972 to 1976 inclusive.: 20,000 Co., North- as 2y4s. Due on April 1, 1977. receive , 1 port. Legality approved by Van¬ No. 33 (P. O. Menaha), Minn. highest bidder was Boland, Saffin 40,000 as IV2S. Due on April 1, sealed bids until 4 p.m. (EST) on dewater, Sykes, Heckler & Gallo¬ Bond Sale—The $65,000 build¬ & Co., and Merchants Trust Co., 1978 and 1979. A> , A i Red Bank, jointly), for 1.85s, at April 6 for the purchase of $24,000 way, of New York City. ing bonds offered March 28— The second'highest'bidder was construction registered bonds. a price of 100.16. v. 171, p. 1301—were awarded to > : v Quogue, N. Y. • AA'AT First Securities Corp., Dated April 1, 1950. Durham, Denomina¬ J. M. Dain & Co. of Bond Sale The $6,000 bulk- and Minneapolis, Pemberton Byrne and Phelps, Inc., joint¬ Twp. Sch. Dist, (P. O. tions $1,000 and $1,500. Due on as 2.70s, at a heading 1950 bonds offered March price of 100.36, a ly, for 6s, 2s, 21/is and l^s, at a ■A ' Pemberton), N. J. April 1 from 1951 to 1970 inclu¬ 24 were awarded to the basis of about 2.66%. The second Seaside price of 100.08, a basis of about Bond Sale—The $43,500 school sive. Principal and interest pay Bank, of Westhampton Beach, as 2.11 highest bidder was Piper, Jaffray bonds offered March 27—v. 171, able at the District Treasurer's %./A ]-kr A a:V & Hopwood, for 2%s, at a price 2V2S, at a price of par. p. 1189—were awarded to B. J. office. Legality approved by John Bonds are dated April of 100.02. 1, 1950. : NORTH DAKOTA Van Ingen & Co., of New York, as W. Nichols, ' County Attorney of Denomination $600. Due on April l3/4s, at a price of 100.02, a basis Saratoga County. Fare°> N. Dak. /... \ * MONTANA 1 from 1951 to 1960 inclusive. 1 Warrant Offering — The of about 1.74%. The second City high¬ Clay, Cicero, Salina and DeWitt Principal and interest payable at Auditor will receive Pondera County, Conrad High Sch, est bidder was sealed bids Riverside Trust the Seaside Bank, Westhampton A ; Central Sch. Dist. No. 3 District (P. O. Conrad), Mont. (P. O. until 11 a.m. (CST) on Co., Riverside, for 1.95s, at a price April 6 Beach, a Legality North Syracuse), N. Y.l approved by for the Bond Offering — H. W. Conrad, of 100.04. purchase of $317,000 cou¬ George W. Percy, Village AttorBond Sale The $1,067,000 pon warrants, divided as follows: Jr., County Attorney, will receive building 1950 bonds offered March Phillipsburg, N. J. sealed bids until May 11 for the $132,000 parking lot warrants. Salina (P. O. Liverpool), N. Y. Bond Offering—Harvey G. Wis- 28—v. 171, p. 1302—were awarded purchase of $195,000 construction Due on July 1 from 1952 to Bond Offering — George L. mer, Town Clerk, will receive to the Equitable Securities Corp., and equipment bonds. Dated June A 1961 inclusive. sealed bids until 2 p.m. (EST) on C. F. Childs & Co., J. G. White & Traister, Town Supervisor, will 1, 1950. Due in 20 years, optional 185,000 refunding warrants/Due April 12 for the purchase of $1,- Co., Inc., R. H. Johnson & Co., receive sealed bids until 10 a.m. after June 1, 1960. : on July 1 from 1952 to 1970 275,000 sewerage coupon or regis¬ Goodbody & Co., and Walter (EST) on April 5 for the purchase for 3%s. /'■/". tered bonds, divided as follows: ; inclusive. of $190,000 water and sewer dis¬ Stokes & Co., all of New :'AA;;AA':..:;-'.':c-Y_:A " York, Dated April 1, 1950. Denomina^ jointly, as 1.90s, at a price of trict improvement 1950 coupon or NEW HAMPSHIRE $135,000 First Series bonds. registered bonds. Dated April 1, tion $1,000. Principal and interest 100.14, a basis of about 1.88%. 1,140,000 Second Series bonds. ^ : Berlin, N. H. 1950. Denomination A $1,000. v Due payable at the City Treasurer's Dated April 1, 1950. Denomina¬ Cortlandt and Yorktown Union on April 1 from 1951 to 1970 inclu¬ Note Sale—The $200,000 notes office, and at any suitable bank tion $1,000. The bonds stated in Free Sch. Dist. No. 2 (P. O. Croton- sive. offered March 28—v. 171, pi 1302 Principal and interest (A-D) or trust company designated by combination will mature April 1 on-Hudson), N.- Y. •—were awarded to the National payable at the First Trust & De¬ the purchaser. Legality approved from 1951 to 1975 inclusive. Prin¬ Bond Sale The $95,000 school Shawmut Bank of Boston, at 0.85% posit Co., Liverpool. Legality ap¬ by Dorsey, Colman, Barker^ Scott cipal and interest (A-O) payable reconstruction 1950 bonds offered proved: discount. by Vandewater, Sykes, & Barber, of Minneapolis.- AAA \ at the Phillipsburg National Bank March 24—v. 171, p. 1089—were Heckler & Galloway, of New York Claremont School District, N. H. & Trust Co., Phillipsburg. Legal¬ awarded to Francis I. duPont & City. ■-;-1-A Aa'^a ity approved by Hawkins, Dela¬ ohio a^V pj: Bond Sale—The $145,000 build¬ Co., of New York, as 1.40s, at a field & Wood, of New York City. price of 100.13, a basis of about Southampton, a East - Quogue Fire Bath-Richfxeld Local Sch. District ing bonds offered March 23-v, A Dist. (P. O. QuogueL N. Y. tu'A (f. O. Box 32, Bath), Ohio ; 1.35%. ■ 171, ?p. 1189 — were awarded to Shrewsbury Sch. Dist., N. J. Bond Sale—The $59,000 con¬ Bond Offering — Lester Ctfthi & Burr, of Boston, as Swartz, Bond Offering—Lester C. Scott, struction 1950 bonds offered March Clerk of the Bodrd of Croton-On-Hudson, N. Y. A Education, it a price Of1100.03, a basis of District Clerk, will receive sealed Bond Offering—Joseph A; Ze- 29—v. 171, p. 1190—were awarded will receive sealed bids Until noon about 1.20%. The second highest bids until 8 p.m. (EST) on April rello, Village Clerk, will receive to the: First; National Bank of (EST) A oh April 13 for the pur17 for the bidder was W. E. Hutton & Co., as purchase of $90,000 sealed bids until 10 a.m. (EST) on Southampton, as 2 %s-; at a price chase of $325,000 building and im¬ schcol coupon or registered bonds. bJOs, at a price of 100.06. April 11 for the purchase of $200,of 100.10, a basis of about 2.49%. provement bonds. Dated May 1, will i | — . f - — , J-'Sr.1 s v . • — AAAA'AAA ■![ f ■ f \\ ¥\ .Denomination 1950. Bond Sale works Interest J-D, sive. ' Bowling Green, Ohio • Bond Sale—The J. A. $1,400,000 water Lyndhurst, Ohio Offering—Clara L. Brueggeme, Village Clerk, will receive White & Co., of Cincinnati, Bend price of 101.10, a basis works system revenue, Second Se¬ of about 1.59%. The second high¬ ries bonds, offered -March 6 were est bidder was Ohio Co. of Colum¬ awarded to Stranahan,, Harris & bus, for l%s; at a price of 100.85. Co., Inc., of Toledo, Barcus, Kind¬ red & Co., and Ketcham & NonEaton Local Sch:' Dist. (P. O. gard, both of Chicago, jointly, a price of par, as follows: 13/4S, at as at a sealed Bond 30,000 on interest of 5% plus premium a before redeemed on or if Franklin County Dated Bond to and thereafter before or on Bond 1 inclusive. May 1, 1950. Denomina¬ Offering Ohio — Norman 1977; and Aug/, 1, j before redeemed mium :of 1%-if after and a pre¬ there¬ before maturity. j. Cambridge, Ohio . j 'Bond Offering — ■, , Richard W. Miller, City Auditor, will receive sealed bids until noon (EST) on ! 000 street improvement, unlimited tax bonds. Mayfield Local Sch. Dist. Cleveland), Ohio Denomination $1,000, except one for $116.42. Due on. terest M-N. | 1 Nov. from 1951 10^1960 inclusive. ; In¬ street Treasurer's office. Jefferson on 24—v. 171, p. 1190—were j not sold. "-/• - •• Clerk of the Board (P. Cambridge City Sch. Dist., Ohio /■' 1 Bond Offering — Besse Taylor, k Clerk-Treasurer, will receive (EST) on for the purchase of building bonds. Dated sealed bids until noon April ' 18 $1,276,000 |, May 1, 1950. Denomination $1,000. Due May On ] 1951 to | 1 1972 approved by and Nov. 1 from Squire, •! 'bonds j * first offered Sch. lips, Bond Offering—Fay Hill, Clerk of Education, will receive sealed bids until 1 p.m. the of Board on April 21 for the pur¬ building coupon chase of $123,000 bonds. Dated Jan. 1, 1950. Denom¬ ination $1,000; Due on Sept. 1 from 1951 to 1975 inclusive. Prin¬ the at Peoples Steubenville. of March revenue 27 were National ' , Bank, : : v i Box Bond Clerk will . the Board receive sealed of of Education, bids until 8 May 1, 1950,_Denom- to 1970 inclusive. Principal (J-D) payable at the County Savings & Trust Co., Elyria. Legality approved by Squire, Sanders & Dempsey, of and interest Lorain . * Interest J-D., 1 from as 6& Due on Dec. 1951 to 1954 inclusive. $329,000 j 103,000 • : j■ as l%s. Due on • Lucas County (P. Toledo), Ohio 565,000 as 2s. Due on Dec. 1 from 1955 to 1960 inclusive. ^ j Dec. 1, 1961. £•' Dec. 1 pur¬ Dec. 1 from 1951 to Village Clerk, will receive sealed bids until noon (EST) on April 14 for the purchase of $12,500 water works extension bonds. Dated April 1, 1950. Denomination $1,000, except one for $500. Due on Bond Offering O. Adelaide E. Schmitt, Clerk of the Board County Commissioners, will of — ceive sealed bids until 18 1958 inclusive. re¬ ^ Oklahoma County Dependent No. 74 (P. O. Jones), Okla. • Tallmadge, Ohio Offering—Virginia Village Nov. 1 from 1951 to 1963 inclu¬ sive. Principal and interest (M-N) payable at the Cleveland Trust Co., Cleveland, Painesville Office. Legality approved by Squire, Sanders & Dempsey, of Cleveland. > Clerk, * on Dec. 1 in 1951 •No. and 1952. (P. O. 560 Yearling Road,. Columbus), Ohio Bond Sale—The $240,000 will build¬ ing addition bonds offered March 24—v. 171, p. 1090—were awarded to Sweney Cartwright & Co., of Columbus, and the First of Michi¬ gan Corporation, of Detroit, joint¬ ly, as 2V2S, at a price of 101.83, a Warren, Ohio — Carrie Lovett, City Auditor, will receive sealed bids until noon (EST) on April 14 for the purchase of $96,930 street improvement bonds. Dated May 1, 1950. Denomination $1,000, except one for $1,930. Due on Nov from 1951 to 1960 inclusive. Legality approved by Squire, San¬ ders & Dempsey, of Cleveland. Wharton Local Sch. Dist., Bond (P. O. Route 1, Burbank), Okla. — J. W. Wells, 20 Offering sealed receive of Education,, bids until 2 p.m. (CST) on April 4 for the purchase of $12,500 bonds, divided follows: as building $8,000 " bonds. '■ • ; .r . .. transportation 4,500 furniture and bonds. , y equipment v. -,"1 . > Due in 1955. Pottawatomie County Independent O. Asher), Okla. Bond Sale—The $26,000 school building bonds offered March 28 —v. 171, p. 1303—were awarded School District No. 112 (P. Bond Offering 1 Bond Clerk of the Board Ohio Offering—Howard Cole, Clerk, of the Board of Education, will receive bids until noon (EST) on April 14 for the purchase of the to J. R. Oklahoma City. Edwards, ' Inc., of , Rogers County Indep. Sch. District No. 9 (P. O. Foyil), Okla. Bond Sale—The $16,750 build¬ ing bonds offered March 21—v.' 171, J. 1191—were awarded to the p. E. Piersol homa City, Bond on a Co., of Okla¬ bid reflecting a net interest cost of about 1.71%. Roger Mills County Indep. School Dist. No. 1 (P.O. Durham), Okla. building bonds. Dated Bond Sale—The $9,000 transpor¬ March 1, 1950. Denomination $1, tation April 15 for the purchase of $40,equipment; bonds offered 000 asphalt plant bonds. Dated 000. Due on Sept. 1 from 1951 to March 21—v. 171, p. 1191—were April 1, 1950. Denomination $1,- 1962 inclusive. Principal and in¬ awarded to the Security State 000. Due on Oct. 1 from 1951 to terest (M-S) payable at the Whar¬ Bank, of Cheyenne, on a bid re¬ ton Bank. Legality approved by 1960 inclusive. Legality approved flecting a net interest cost of about by Squire, Sanders & Dempsey, of Bricker, Marburger, Evatt & Bar¬ 1.39%. Cleveland. ton, of Columbus. Stephens County Indep. Sch. Dist. OKLAHOMA No. 27 (P. O. Loco), Okla. Perry Twp. Local Sch. Dist. (P. O. bond Sale—The $19,000 build¬ Canton), Ohio Efick Oifr/di Bond Sale—The $948,000 con¬ Bond Offering—The City Clerk ing bonds offered March 15—v. struction bonds offered March 27 will receive sealed bids until 8 171, p. 1090—were awarded to the were awarded to a syndicate com¬ p.m. (CST) on April 4 for the R. J. Edwards, Inc., of Oklahoma posed of McDonald & Co., of purchase of $24,000 park improve¬ City, on a bid reflecting a net in¬ Cleveland, Braun, Bosworth & ment bonds. Due from 1952 to terest cost of about 1.88%. Co.,. Inc., Hayden, Miller & Co., 1963 inclusive. OREGON Merrill, Turben & Co., First Salem, Ore. Cleveland Corp., all of Cleveland, Grady County Dependent Sch. Dist. No. 36 (P. O. Chicasha), Okla. Bond Sale—The $56,754.90 im¬ and Ryan, Sutherland & Co., Inc., Bond Sale—The $8,500 transpor¬ provement. Issue 1959-B ibonds of Toledo, as 2fe, at a price of tation equipment bonds offered offered March 27—v. 171, p. 1090 100.19, a basis of about 2.22%. The March 28 were awarded to the —were awarded to the First Na¬ second highest bidder was Field, First National Bank of Chickasha. tional Bank, of Portland, at a Richards & Co., Stranahan, Harris price of par, a basis of about & Co., Inc., Fahey, Clark & Co., Hardesty, Okla. 1.42%, as follows: Bond Sale The $25,000 water Prescott, Hawley, Shepard & Co., and Sweney Cartwright & Co., works improvement and extension $15,754.90 as l%s. Due on March $36,000 — jointly, for 2V2S, at a price of bonds offered March 29 102.12. a.m. • awarded to C. Edgar 15 from 1951 to 1953 inclusive. were Honnold, of | from; 1962 to 1977 inclusive. V (EST) on April 18 for the pur¬ Perry Twp. Local Sch. Dist. (P. O. Oklahoma City, as 4.90s. The sec¬ ond highest bidder was Calvert & r Perry), Ohio | Canton Twp. Local School District chase of $49,010 improvement Canfield, for 5s. bonds, divided as follows:, * i, t .•j Bond Offering — Gladys Copt; :••,(/*. O. Canton), Ohio Bonds are due from 1952 to l :■ Bond Offering - Glen Yohe, $5,460 Ditch, No. 777 bonds. De- pock, Clerk of the Board of Edu¬ 1975 inclusive. cation, will receive sealed bids j Clerk of the Board of Education, nomination $1,000, except one until 8 p.m. (EST) on April 18 ; Will receive sealed bids until noon Kaw, Okla. for $460. Due on Oct. 15 from 1 for the purchase of $200,000 build¬ Bond Sale — The $21,500 water (EST) on April 10 for the pur1951 to 1954 inclusive. t chase of $1,500,000 building and 22,990 Ditch, No. 764 bonds. De- ing bonds. Dated April 1, 1950. works system bonds offered March equipment bonds. Dated May 10, ; ^ nomination $1,000, except one Denomination $1,000. Due on Dec. 22—v. 171, p. 1191—were awarded ! 195& Denomination $1,000. Due ; -. for $990. Due on Oct. 15 from 1 from 1951 to; 1970; inclusive. to the R. J. Edwards, Inc., of Okla¬ Legality approved by Squire, homa City, and the First Securities i on June 1 and Dec. 1 from 1951 to 1951 to 1955 inclusive. > 1 Sanders & Dempsey, of Cleveland. Company of Kansas, of Wichita, 1974, inclusive. Principal and in3,830 Ditch, No. 783 bonds. De>• Jerest (J-D) payable at the Clerk jointly, on a bid reflecting a net 1 nomination^1,000, except one I : Perryjsbury Exempted Village interest cost of about 3.10%. The ; of the Board of Education's office. School District, Ohio for $830. Due on Oct. 15 from Bond Offering—Dated April 1, second highest bidder was Evan 1951 to 1954 inclusive. ^ Columbus, Ohio 1950. Denomination $1,000. Due L. Davis, on a bid reflecting a net ; 7,170 Ditch, Nor 774 bonds. De¬ ; '*• Bond Offering — Agnes Brown interest cost of about 3.12%. nomination $1,000, except one on Dec. 1 from 1951 to 1972 inclu¬ Cain, City Clerk, will receive for $170. Due on Oct. 15 from sive. Principal and interest (J-D) Kiowa County Indep. Sch. Dist. sealed bids until noon (EST) on i-. 1951 to 1955 inclusive. payable at the Citizens Banking No. 39 (P. O. Mountain View), April 20 for the purchase of $20,7,010 Ditch, No. 765 bonds. De¬ Co., Perrysburg. Oklahoma 24$.90 sanita^ sewer, special Asnomination $1,000, except one Bond Sale — The $44,000 con¬ ; sessmeht Series 219 coupon or reg¬ Sidney City School District, Ohio istered bonds. Dated May 16, 1950. for $1,010. Due on Oct. 15 Bond Offering—Wayne Bertsch, struction and equijiment bonds of¬ from 1951 to 1954 inclusive. Clerk of the Board of Education, fered March 29—v. 171, p. 1191— ; Denomination $1,000, except one fpr $1,246.90. Due on Nov. 16 from 2,550 Ditch, No. <772, bonds. De- will receive sealed bids until were awarded to the Small-Mil*1951 to 1955 inclusive. nomination $1,000, except one noon (EST) on April 12 for the burn Co., of Wichita, on a bid re¬ Legality ; approved hy Squire,...Sanders of & $972,328 building flecting a net interest cost of about for $550. Due on Oct. 15 from purchase .1951 to 1952 inclusive.' J Dempsey, of Cleveland,-; bonds. Dated May 1,1950. Denom¬ 1.85%. The second highest bidder 2,103,000 as 2s. Due on [ L. Wynn, P. Sch. Dist. , New Philadelphia, Ohio (P. O. l Bond Offering — Richard L 145, La Grange), Ohio Shonk, City Auditor, will receive Offering—C. A. Rawson, sealed bids until noon (EST) on awarded to a syndicate composed Cleveland. — ; Kidden, Peabody & Co., GoldLakemore, Ohio ,man, Sachs & Co.," Coffin & Burr, Bond Offering — Adelbert P. Bear, Stearns & Co., W. E. Hutton & Co., Andrews & Wells, Inc., all Hunt, Village Clerk, will receive of New York, J. C. Bradford & Co., sealed bids until noon (EST) on of Nashville, Ball, Burge & Kraus, April 15 for the purchase of $7,000 and Cunningham & Co., both of water works bonds. Dated Jan. 1, Cleveland, at a price of 100.003, a 1950. Denomination $500. Due on Dec. 1 from 1951 to 1958 inclusive. basis of about 2.08%, as follows: ; * — Bond Offering—James H. Burch,. Wal¬ Clerk of the Board of Education, will receive will receive sealed bids until 7 sealed bids until noon (EST) on p.m. (CST) on April 3 for the pur¬ April 8 for the purchase of $34,- chase of $39,000 building bonds.577.15 road improvement bonds. Due from 1952 to 1961 inclusive. Dated June 1, 1950. Denomination Osage County Jndep. Sch. Dist. $1,000, except one for $577.15. Due ters, noon " of 5 on Cincinnati. Granger, Education, La Grange Local Sch. Dist. 1951 mortgage Due Truro Local Sch. Dist. Denomination $1,000. Due on Dec 1 from 1951 to 1972 inclusive. Dist. ination $1,000. Due on Dec, 1 from erage ! system Local Ohio bonds. Dated c Bond Sale—The $3,100,000 sewgarbage disposal plant and ; Union Offering (CST) on April 3 for the purchase of $20,000 building and repair bonds. Due from 1952 to $)rice of 101.58. Legality p.m. (EST) on April 14 for the Sanders & purchase of $160,000 improvement Canton, Ohio 000. Mentor, Ohio Bond Offering—Lester P. Phil¬ inclusive. j Dempsey, of Cleveland. O. chase of $990,000 building unlim¬ ited tax bonds. Dated May 1, 1950. Cleveland. ' .•, cipal and interest (A-O) payable | , property R. D. No. 1, Richmond), (P. O. . (EST) improvement bonds offered ( March March of $100,000 mu¬ building bonds. * Dated 1, 1950. Denomination $1,* May 1, 1950. Denom¬ ination $1,000.; Due on March 1 Principal and interest (J-D) pay¬ and Sept. 1 from 1951 to 1955 in¬ able at the Cleveland Trust Co., basis of about 2.35%. The second Cleveland. Legality approved by clusive. Principal and interest highest bidder was Stranahan, Squire, • Sanders & Dempsey, of (M-S) payable at the County Harris & Co., Inc., for 2tys, at a ... Bonds Not Sold—The $138,116.42 i real Bond p.m. the purchase nicipal Bond Offering—Ina L. bonds. Dated 1 April 10 for the purchase of $138,116.42 street improvement special assessment bonds. Dated March 1, 1950. re-assessing La- bids until noon (EST) on April 12 for the purchase of $50,- & (EST) Oklahoma Henry Diehl, Clerk of the Board of Education, will receive sealed bids until 8 Bond sealed Aug. 1, 1972; a premium of 2% if April 14 for the purchase of $300,redeemed thereafter and on or 000 Due 1961 Faber, City Auditor, will receive Offering—Ella A. McCar- a.m. — Legality approved by Peck, Shaffer & Williams, of Marietta, (P. Q, Columbus), sealed bids until 10 County Indep. Sch. Dist0' (P. O. Blanchard), 29 1974 inclusive. j redeemed thereafter and on or beley, Clerk of the Board of Coun¬ will receive sealed bids until t fore Aug. 1,A1967;3% if redeem¬ ty Commissioners,- will receive (EST) on April 18 for the ed No. Village Clerk, will receive sealed oids until noon (EST) on April 19 on ' Ohio 4% if Aug. 1, 1962; a premium of i 1973 proved by Squire, Sanders Dempsey, of Cleveland. Feb. 1, 1953, or any interest pay¬ ment date thereafter at par and accrued to bonds. 1952 from Offering McClain Ohio Silverton, tion $1,000. Interest J-J. Principal and interest (J-D) pay¬ able at the Lorain County Savings & Trust Co., Elyria. Legality ap¬ 1984 on bonds maturing in to as 1951 from 1 1 liams, of Cincinnati. J. E. Piersol Bond Co., on a reflecting a net interest cost of about 1.85%. was bid for Due inclusive.. ' to bonds maturing in 1968 to ! 1983, on Feb-1, 1960, or any inter¬ est payment date thereafter; arid bonds. main water Jan. approved by Peck, Shaffer & Wil¬ Bond 47 (.1399) ination $1,000, except one for $328. Due on May 1 and Nov. 1 from 1951 to 1970 inclusive. Legality noon Jan. 1 from 1952 to 1961 incl. Brush, Clerk of the Board of Edu¬ .850,000 as 3s. Due on Feb. 1, 1984. cation, will receive sealed bids un¬ Dated April 1, 1950. Denomina¬ til 8 p.m. (EST) on April 18 for tion $1,000. The bonds shall be re¬ the purchase of $130,000 construc¬ 1950. deemable at the option of the City tion bonds; Dated May 1, Denomination $1,000. Due on Dec. as follows: as a whole or in part, ) as paving $100,000 Ridge, R. D. No. 3,•/ Elyria), Ohio Offering — Clarence S. r as bids until (EST) on April 17 for the purchase of $130,000 bonds, divided as follows: Chestnut 3fe Due on Feb. 1 from 1968 to 1983 inclusive. $550,000 CHRONICLE April 15, 1950.' Principal (A-O) payable at the County Treasurer's office. March 27— offered FINANCIAL Dated 1090—were awarded to p. & and interest The $60,000 water -- bonds 171, v. ; t COMMERCIAL Defiance, Ohio Due 1973 inclu¬ $1,000.< Dec. 1 from 1951 to, on THE Number 4895 ' 171 Volume 23,000 as from 18,000 l*4s. Due 1954 to as l^s. Due from 1958 to on March 15 1957 inclusive. on ? March 15; 1960 inclusive. » The second highest bidder was$ Blyth & Co., for 4s, DAs and 1 fe¬ at a price of par, a basis of about* 1.47%. Tillamook, Ore. • Bonds 954.18 Sold—An issue improvement of $12,- has bonds been sold to the United States Na¬ , - . , . . , . ... . .. tional Bank, of at a price of Portland, as 2fe 100.53, a basis of about 2.15%. Washington County School District No. 58 (P. O. Route 2, Hillsboro), Ore. — The $9,000 school, offered March 18—v. 171* Bond Sale bonds 1090—were awarded to the First Security Bank, of Beaverton, as p. 2fe, at a price of 100.41, a basis of about 2.48%. The second highest bidder was Commercial National Bank, Hillsboro, for $6,000 as and $3,000 as par. 2%v 2fe at a price I 48 THE (1400) PENNSYLVANIA of Offering — Katerine CHRONICLE FINANCIAL ^nday, -April 3,, 1950 Corpus Christi Indep. School Dist^ Union Securities Corp., Ira Haupt & Co., and Wm. E. Pollock & Co., TexasBond Offering—Sealed bids will all of New York, jointly, at a price Stuart & Co., R. S. Dickson & Co. ■ Land sd ale Sch. Dist., fa. Bond COMMERCIAL' & Charlotte; B. J. Van Ingen & Kendall, Wis/ $10,000 Memo¬ Bond Sale—The Co., Otis & Co., Hayden, Stone & Co., all of NeW York; Hamilton be received until April 3 for the of 100.01, a basis of about 1.34%, as follows: ; & Co. of Chester; Peoples National purchase of $700,000 school bonds Bank of Charlottesville; Peoples Due on May 1 from 1951 to, 1970 $360,000 as 2&s. Due on April 1 National Bank of Hock Hjill; First inclusive. from 1951 to 1953' inclusive. National Bank of Memphis; Clem¬ D. Jones, Secretary of the Board of School Directors, 'will receive sealed bids until 7:30 p.m. (EST) April 11 for the purchase of $360,000 building and improve¬ bonds. Dated April on rial Hospital bonds offered March 28 were awarded to Harley, Hay- a ent ment coupon Evans A. Co. & of Hill County Atlanta; Kebbon, McCormick & Co., Mul- 1, 1950. Denomination $1,000. Due on April 1 from 1952 to 1971 in¬ clusive. Legality approved by laney, Wells & Co., both of Chi¬ Thomas & Co. of Pittsburgh; Miller, Kenower & Co. of Detroit; Townsend, Elliott & Munsori, of William R* Compton Co. of New Philadelphia. York; and Frost, Read & Simons of Charleston, as 1.30s, at a price Lansdowne School District," Pa. Bond $ale—The $100,000 build¬ of 100.06, a basis of about L29%. ing and improvement bonds of¬ The second highest bidder was fered March 29—v. 171, p. 1090— National City Bank, New York; First National. Bank, were awarded to Stroud & Co., of Chicago; Philadelphia, as l%s, at a price of Glore, Forgan & Co., Harris, Hall 100.80, a basis of about 1.70%. The & Co., A. G. Becker & Co., Roose¬ second highest bidder was Butcher velt & Cross, Citizens and South¬ & Sherrerd, for l%s, at a price of ern National Bank, Atlanta; Citi¬ cago; road on April from 1954 to 1962 inclusive. 1,054,000 as l%s. Due Road District No. 24 (P. O. Hillsboro), Texas Bond Sale Details—The $60,000 construction and improve¬ 1 The second highest bidder was Bankers Trust Co., New York, R. purchased by William W. Pressprich & Co., and J. A. N. Edwards & Co., of Fort Worth, Hogle & Co., jointly, for 2y2s and as previously noted in v. 171, p. IV4S, at a price of 100.008, a basis 992, were sold at a price of par, as of about 1.34%. follows: $12,000 as 2^is, due on WASHINGTON Jan. 15 from 1952 to 1954 inclu¬ Benton County, Kennewick sive, and $48,000 as 2^s, due on Sch. Dist. No. 17 (P.O. Jan. 15 from 1955 to 1961 inclu¬ Prosser), Wash. ment bonds sive. ' Bond Sale—The. # bonds Indep. Sch. Dist., Texas Bond Sale — The $225,000 con¬ Llano offered $300,000 school 27—v. 171, 1304 — basis of about Bonds 1.92%. dated are Feb. 1, 1950. Denomination $1,000. Due on Feb. 1 from 1951 to 1960 inclusive. Le¬ gality approved by Cutler, of Chicago. Chapman & Niagara Joint School District No. 1 (Village and Town), Wis. Bond Sale—The $90,000 build¬ ing bonds offered March 23 were awarded to F. S. Yantis & Co., Chicago, as 101.22, Of of basis of. about 1.62%. a l3/4s, at a price Seymour, Wis. March awarded to the National Bank of Commerce, of p. Co. of Madison, and Mullaney; Wells & Co. of Chicago, jointly, as 2s, at a price of 100.40, don. & Bond Sale—The $16,000 Memo¬ were March 23—v. —were awarded to Hoe & Co., of don struction and improvement bonds 171, p. 1192 Seattle, on a bid reflecting a net interest cost of about 1.92%, as Carolina, Charleston; Robert WinSan Antonio, at a price of 100.07/ follows: throp & Co., Courts & Co., Stern a basis of about 2.47%, as follows: Bros. & Co., and J. M. Dain & Co., $140,000 as 2s. Due on April 1 from 1952 to 1958 inclusive, jointly, for 1.30s, at a price of $54,000 as 2%S. Due on Feb. 10 from 1951 to 1959 inclusive. 100.0i: 66,000 as l%s. Due on April 1 51,000 as 2y4s. Due on Feb. 10 from 1959 to 1961 inclusive. 100.37. zens Lemoyne School District, Pa. Bond Sale—The $29,000 school bonds offered March 28—v. 171, 1303—were awarded to George p, offered rial Hospital bonds offered March 28 were awarded to H, Stewart, Jr., of Shippensburg, price of 104.10. The second highest bidder/was Fauset, Steele A Co., at a price of 101.35. at a and Southern Bank of South from 1960 to 1965 inclusive. SOUTH DAKOTA 120,000 as 2M»s. Due Aberdeen, S. Dak. , Bonds Not Sold on , 94,000 Feb. 10 from 1966 to 1975 inclusive. Sch. Dist, (P. O. Washington Road, Mt. Lebanon), 2s. Due on April 1 from Wells jointly, a as basis Bonds Harley, HayMadison, and Mul- Co, of Chicago, 2s, at a price of 100.18, of & 1.97%. about are dated Feb, 1, 1950. Denomination $1,000, Due on Feb. 1 from 1951 to 1966 inclusive! In¬ terest. F-A. Legality approved by Chapman & Cutler, of Chicago, The second highest bidder was The $100,000 Sewer Districts Nos. 210 and 211, Mi. Lebanon Soap. as 1962 to 1965 inclusive. & Co, of laney, — The second highest bidder was Pacific National Waukesha,, Wis.^ Bank, Seattle, for Bond Offering—Nonie E. Crow¬ Dittmar & Co., and Howies, Win¬ $300,000 as 2s, at a price of 100.50. Special Assessment bonds offered Pennsylvania ston & Co., jointly, for 21/4s and ley, City Clerk, will receive sealed March 27 v. 171, p. 1192 — were Kittitas County, Ellensburg Bond Offering — Miriam Headbids until- 1:30 p.m. 21/2s, at a price of 100.05, a basis (CST) on not sold as no bids were received. Sch. Diet. No. 401 (P. O. ley, Secretary of the Board of of about 2.47%. ; April 25 -for thd purchase of $900,■/; : / Ellensburg), Wash. School Directors, will receive 000 school building bonds. Dated TENNESSEE Bond Sale—The $31,500 refund¬ Nacogdoches, Texas sealed bids until 8 p.m. (EST) on April I,- 1950.' Denomination $1;\ Bond Offering — J, T. Alders, ing bonds offered March 27—v. Aril 20 for the purchase of $750,000, Due on April 1 from 1951 to Fayetteville, Tenn, /-/V'"'City Secretary, will receive sealed 171, p. 1304—were awarded to the 1970 inclusive. 000 school-coupon ^boiids, Dated Bond Sale—The $100,000 school Principal and In¬ bids until April 4 for the purchase National Bank of Commerce, of May 1; 1950. Denomination $1,000. bonds offered March 23—v. 171, p. terest (A-O) payable at the Wau¬ $200,000 street improvement Seattle, as % %s: Due on May 1 from 1951 to 1975 992—were awarded to C. H. Little of '; kesha State Bank, of Waukesha. Due serially in 20 years. inclusive. Legality, approved by & Co., of Jackson, and the Trust bonds. Skagit County, La Conner School Legality approved by=Chapman & Burgwin, , Churchill, Ruffin & Co. of Georgia, of Atlanta, jointly, Optional in 10 years. y„, District No, 311 (P. O. Mount Cutler, of. Chicago. Hazlett, of Pittsburgh. as 2s, at a price of 100.88, a basis Vernon), Wash. Olney Indep. School District, Texas Willow Springs, Wis. of about 1.83%. The second high¬ Bond Sale—The $75,000 general Bonds Sold—An issue of $110,NevilleTwp. (P. O. Neville Island Bond Sale — The $20,000 Me¬ est bidder was Hermitage Securi¬ 000 gymnasium and school im¬ obligation bonds offered March 24 morial Branch,: Pittsburgh 25), Pa. Hospital bonds offered ties Co., Nashville, for, 2s, at a provement bonds has been sold to were awarded to Blyth & Co., of Bond Offering — Cledwyn D. March 28 were awarded to Harley, price of 100.60. ' ' the Columbian Securities Corp. of Portland, on a bid reflecting a net Francis, Township Secretary; will Haydon & Co. of Madison, and Texas, of San Antonio, at a price interest cost of about 1.78%. The receive sealed bids until 7:30 p.m. Mullaney, Wells & Co. of Chicago, Morristown, Tenrt. of 100.32, a basis of about 2.45%, second highest bidder was Bram(EST) on April 14 for the pur¬ Bond Sale—The $400,000 elec¬ jointly, as 2s, at a price Of 102.25, hall & Stein, on a bid reflecting a as follows:' ;-/{ chase of $400,000 general obliga¬ a basis of about 1.75%. tric system revenue, series 1950 net interest cost of about 1.79%. tion coupon bonds. Dated May 1, $12,000 as 2s, Due on April 15 Bonds are dated Feb. 1, 1950. bonds offered March 28—v. 171, Bonds are due in two to 15 1950. Denomination $1,000. Due on from 1951 to 1962 inclusive. Denomination $1,000. Due on Feb. p. 1303—were awarded to John years. Legality approved by May1 from 1951 to 1980 inclusive. Nuveen & 98,000 as 2V2s. Due on April 15 1 from 1951 to 1970 inclusive. Co, of Chicago, J. C. Preston, Thorgrimson & Horowitz, from 1963 to 1970 inclusive. Legality approved by Burgwin, Legality approved by Chapman Bradford & Co. of Nashville, Fox, of Seattle. ■:;■:// Cutler, of Chicago, v Churchill, Ruffin & Hazlett, of Reusch & Co. of Cincinnati, Rus¬ Pampa Indep. Sch. Dist., Texas ( , , - . • . . t Pittsburgh. WEST VIRGINIA Bond Offering — H. R. Thomp¬ sell, Long & Burkholder of Lex¬ WYOMING ington, and Pohl & Co. of Cincin¬ son, President of the Board of Hampshier County (P. O. Hot Springs County Sch. Dist. nati, jointly, at a price of 100.02, Trustees, will receive sealed bids Romney), W. Va. No. 11 (P. O. Lucerne), a basis of about Bond Sale—The $285,000 school 2.28%, as follows: until 2 p.m. (CST) on April 14 for Wyoming the purchase of $1,250,000 school bonds offered March 28 were $135,000 as 2 Vis. Due on March 1 Bond Offering — Marjorie house, Series 1950 bonds. Dated awarded to Young, Moore & Co., from 1952 to 1958 inclusive. Stump, Clerk of the Board of 265,000 as 21/4s. Due on March 1 May 1, 1950. Denomination $1,000. of Charleston, and A, E. Masten Trustees, will receive sealed bids Due on May 1 from 1951 to 1970 Sc Co., of Pittsburgh, jointly; at a from 1959 to 1969 inclusive. until 3 p.m. (CST) on April 18 for inclusvie. Option of prior pay¬ price of 104.81, a basis of about the purchase of $85,000 building ment retained in all bonds matur¬ 1.93%. The second Washington County (P. O. highest bidder bonds. Dated March 1, 1950. De¬ ing on and after May 1, 1961, ef¬ was Blair, Rollins & Co;, Inc., at Jonesboro), Tenn. nomination $1,000, Due on Sept. 1 Bond Sale—The $1,600,000school fective May 1, 1960, or any inter¬ a price of 101.83. : from 1951 to .1965 incl. Bonds bonds offered March 30 were est payment date thereafter. Prin¬ West Virginia (State of) maturing in 1961 and thereafter awarded to a syndicate composed cipal and interest (M-N) payable Bond Offering—Okey L. Patter¬ to be redeemable at the option of of ~.ihe Cumberland Securities at the Chase National Bank, New the District on Sept. 1, 1960, and Corp., of Nashville, Trust Co. of York City, or at the option of the son, Governor, will receive sealed any Interest payment date the Dallas National bids until 1 p.m. (EST) on April 4 on Georgia, of Atlanta, C. H. Little holder at & Co. of Jackson, Davidson & Co., Bank, Dallas. Legality approved for the purchase of $2,000,000 road thereafter, in inverse numerical bonds. Dated April 1, 1950. Due order. Principal and interest of Knoxville, W. N. Estes & Co., by McCall, Parkhurst & Crowe, of on April 1 from 1951 to 1975 inclu¬ (M-S): payable at the County of Nashville, Fisher Hawes & Co., Dallas. : t:;/v//' / '"J /'' sive. Principal and interest (A-O) Treasurer's office. Legality ap¬ of Knoxville, and the Hamilton San Angelo, Texas payable1 at the State Treasurer's proved by Tallmadge & TallNational Bank, of. Hamilton, on a Bond Sale—The $6,000,000 water office, or at the option of the hold¬ madge, of Denver. bid reflecting a net interest cost revenue bonds offered March 29— er at the National City Bank, New of'about 1.68%. The second high¬ v. 171, p. 1192—were awarded to York City. Legality approved by est bidder was Harris Trust & a syndicate composed of Halsey, Caldwell, Marshall, Trimble & Savings Bank, Chicago, First Na¬ Stuart & Co., Smith, Barney & Mitchell; of New York City. tional Bank, Memphis, J. C. Brad¬ BRITISH COLUMBIA Co., Lehman Brothers, both of ford & Co., C. F. Childs & Co., and WISCONSIN New York; Harriman Ripley & Kelowna Sch. Dist. No. 23, B. C. Webster & Gibson, jointly, on a Co., Inc., Blair, Rollins & Darlington, Wis. Debenture Sale —The $148,000 Co., .. PUERTO RICO Puerto Rico (People of) The $18,000,000 bonds of¬ fered March 28—v. 171, p, 1191— Sale Bend were >- improvement public awarded to a syndicate com¬ posed of the Chase National Bank, Halsey, Stuart & Co., Kidder, Peabody & Co., Goldman, Sachs & Co., Bear, Stearns & Co., Phelps, Fenn & Co., all of New York, Banco Credito Y Ahorro Ponceno, of San Juan, Blair, Rol¬ lins & Co., Inc., R. W. Pressprich & Co., of New York, Stroud & Co., of Philadelphia, Fidelity Union Newark, Ohio Co, of Columbus, Hayden, Miller & Co., of Cleveland, Ira Haupt & Co., of Mew York, Whiting, Weeks & Stubbs, of Boston, Blunt Ellis & Trust Co., of Simmons, Detmer & Co., Paul H. Davis & Co., Kebbon, McCormick & Co., Martin, Burns & Corbett, sill of Chicago, WilliSrn K. Staats CANADA Co., of Los Angeles, Bieed & Harrison, Pohl & Co., both of Cincin¬ nati, and; Paul Frederick & Co., of bid reflecting a Mew York, at a price of 100.03, a of about 1.68%. basis of about 3.94%, as follows: $4100,000 as 4s/ Due on July 3,550,000 as 2s. Due on interest cost TEXAS 1 from 1951 to 1955 inclusive. V net Colorado City Indep. Sch. Dist., July 1 Texas I ? from 1956 to j959 inclusive. ! 10,350,000 as -1%$. Due on July 1 t from 1960 to $969 inclusive. ' ' • Bonds Sold—An issue of $500,000 school house bonds has been sold to the Central Investment . j.-'Vi" v RHODE.IStAND Company of Texas, of Dallas, Wil¬ liam N. Edwards & Co., of Fort Worth, and the First of Texas sites ai\d other purposes bonds of¬ Corp., of Sail Antonio, jointly,, at a price Of oar, a basis of about fered March 27—v. 171,-p. 1303— were awarded to Harrinyan Ripley 3.40%, as follows: & Co., Inc., as 2s, at>a price of $44,000 as 2^>s. Due on Feb^ 15 from 1951 to 1965 inclusive. 100.53, a basis of about 1.94^ 1 ' Cranston, R. I. Bond Sale—The $100,000 school 162,000 SOUTH CAROLINA ' South Carolina (State of) Band Sale—The $5,000,000 state ' highway bonds offered March 29 1 as 3y4s. Due on Feb. 15 from 1966 to 1975 inclusive. 294,000 as 3%s. Due oh Feb. 15 from 1976 to 1985 inclusive. Bond Sale—The $75,000 hospi¬ rural portion school loan deben¬ inc., Stone & Webster Securities offered Corp. of New York; Harris, Hall tal bonds offered March 28 — v. tures March 22 were & Co., Otis & Co. of Cleveland; 171, p. 1192—were awarded to awarded to the Dominion Secur¬ Underwood, Neuhaus & Co. of Robert W. Baird & Co. of Mil¬ ities Corp., of Toronto, at a price Houston; Weeden & Co. of San waukee, as l%s, at a price of of 100.60, a basis of about 3.44%. The second highest bidder was A. Francisco; C. S. Ashmun Co. of 100.22, a basis of about 1.46%. Bonds are dated Feb. 1, 1950. E. Ames & Co., at a price of 100,33. Minneapolis, and the William R. Denomination $1,000. Due on Feb. Debentures are dated Dec. 15,, Compton Co. qf. New York, at a price of 100.0004, a basis of about 1 from 1951 to 1970 inclusive. Le¬ 1949. Denomination $i,000. Due gality approved by Chapman & from 1950 to 1969 inclusive. Prin¬ 2.42%, as follows: cipal and interest (J-D) payable $490,000 as 4s. Due on April 1 Cutler, of Chicago. at the Royal Bank of Canada, at Green Bay, Wis. from 1951 to 1955 inclusive. Bond Offering — Clifford A Kelowna, Vancouver, Winnipeg, 710,000 as 2%si Due 6n April 1 from 1956 to 1960 inclusive. Centen, City Clerk, will receive Toronto and Montreal, Canada. 3 as 2y4s. Due on April from 196T to 1974 inclusive. 2,840,000 ' as 21/2s. Due on April from 1975 to 1981 inclusive. 1,960,000 1 sealed bids until 2 p.m. (CST) on 1 Jackson May 2 for the purchase of $325,000 UTAH Ogden City School District, Utah School Addition bonds. Dated May 1, 1950. Denomination $1,000. Due on May 1 from 1951 to 1970 inclusive. Principal and interest (M-N) payable at the City Treasurer's office. Legality ap¬ Dated Feb. 15, 1950. Legality Bond Sale—The $1,414,000 build¬ -r*Y.171, p. 1090—were awarded j approved bv McCall, Parkhurst & ing bonds offered March 23—v. proved by Chapman &, Cutler, pf $9 a syndicate composed of Ha?vi y; Crowe, of Dallas. 171, p. 192—were awarded to the Chicago. .. NEW Debenture C BRUNSWICK New Brunswick Sale (Province of) Details — The $7,500,000. refunding debentures purchased by the syndicate headed by Nesbilt, Thomson & Co., of Toronto, as previously noted in y. 171, p. 1304. were sold at a price of 98.31, a basis of about 3.63%.