Full text of Commercial and Financial Chronicle : April 7, 1952 : General Corporation and Investment News, Vol. 175, No. 5105

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Uruvenaif t
OF MICHIGAN

jf-

1952

APR 1

MONDAY

"•

"*

'

"

ISSUE

UNIVERSIT
OF MIC

^commercial and
Financial Chronicle
APR 7

Reg. U. S. Pat. Office
*

Volume 175

Number 5105

New

General Corporation
RAILROAD
Aero

INDUSTRIAL

-

INSURANCE

-

corporation

LIABILITIES—

39,691,746

Bank

letter of notification with the
of common stock, to be offered at par

March 31 filed

on

Provision for income and other taxes

In This Issue

a

—

Indebtedness not maturing

within

($1 per

Other indebtedness payable

Operating reserves and deferred credits—
Preferred shares (cumul. red. skg. fund):

58,400 shares
share), without underwriting.
The proceeds are to be used to
mortgage debt of $24,500 and for working capital.
covering

Stock and Bond

Quotations

Akron, Canton & Youngstown RR.- -Earnings—
1951

1950

1949

$471,509

$413,510

$349,416

$418,695

138,714
62,660

112,757
39,162

109,988
55,864

111,120
50,604

946,726

879,829

275,122

280,149

709,905
203,780

864,422
235,381

Cincinnati Stock Exchange

111,353

104,522

104,765

108,670

Detroit

New York Stock Exchange
New York

(Bonds)

New York

From Jan. 1—

Gross

Stock Exchange
Curb

Boston

from

railway
Net from railway—
Net ry. oper. income
—V. 175, p. 913.

Exchange--——

Stock Exchange
Stock

Midwest Stock Exchange.

The

has called

company

of

$80,000

first mortgage 3 Vi%

its

bonds,

1, 1967, for redemption on May 1, 1952, at 100%%.
Trust Co. of New York,

Payment will be
made
at the Guaranty
trustee, 140 Broadway, New York, N. Y.EARNINGS

Net

ry.

FEBRUARY

FOR

FIRST

AND

TWO

1950

1949

$1,458,641
325,700

$1,330,098

—.

$1,547,821
372,563

351,374

$1,271,678
255,025

income—.

oper.

99,815

131,194

164,344

120,319

.

Over-the-Counter Markets

ry.

railway.
railway
income.—

from

Net
—V.

3,113,968

3,032,283

2,638,709

2,617,167

633,213

643,471

650,129

526,692

177,390

...

277,524

304,630

250,093

oper.

175,

Allied

SEC Index of Stock Prices

Co.—Stock Offered—Public offering was
April 2 by Paine, Webber, Jackson & Curtis
of 25,000 shares of common stock (par $5) at a price of
$19 per share. The offering does not constitute a new
issue but is a portion of the 35,863 shares held by execu¬

made

tors of the will of
EARNINGS—For
were

the

six

months ended

($5

Dec.

31,

Dividends Declared

OF

MARCH

1,

Reserve Banks

leather

has

the

were

company In its

and

the

sale

hides
are.

in

of

such

various

leather.

countries

conducted at various

three

company's

The
all

the

plants of the

tanneries, located

Wilmington, Del., have

total floor

a

one

in

area

of

The company also owns two warehouses in
aggregate of about 118,000 square feet of space.

purchases such
Tanning

world.

Camden, N. J., and
about 415,000 square
Wilmington with an

(Louis) Allis Co., Milwaukee, Wis.—Files With SEC—
March

on

24

filed

a

letter

of

notification

with

the

of

Allis.—V. 165,

trustees

of

the

trust

under

the

will

of

Louis

offering

Production

and

sales

1944

and

than

in

sales

$226,610,826 in

of

Davis,

President,

CONSOLIDATED

INCOME

on

.

products were

at

their

highest

income

capital

previous
totaled

expenditures for new facilties
of the company's history.
$283,978,879 in 1951
as
against
year

1950.

-of

heavy expenditures incurred during the year in implementing the
company's expansion program which is now estimated to cost
$360,000,000 during the period 1951 to 1954 inclusive.
stock

shareholders
snares

So

sn*.7%

on

and

underwriting

of

the

increased
record

basis of

on
one

as

Oct.

a

19

result
to

additional

of

the

subscribe
share

•

for

company's

for

372,205

The

each

ten

offer to
additional

shares

held

of 371,239 shares, or
offered, provided $23,899,212 net.




Finance

Machine

below.—V.

174, p. 2453.

Foundry

Co.—Registers
Exchange Commission—

and

company

Corp.

on

March

&

27 filed

a

Withi

registration statement with the

covering 191,600 shares of its no par common stock to be offered
exchange for shares of the capital stock of International Cigar
Machinery Co. The rate of exchange is to be supplied by amendment.

FOR

''.v:"V■. ■
/ v'N ;
V.

YEARS

Reynolds & Co. is named as Dealer Manager of a group to solicit
pursuant to the exchange offer, for which a fee of 25c will
paid for each share of ICM stock tendered for exchange as a result

■

sales —-——:

1951

DEC.

31

—

-

of

solicitation.

expenses

company

$

283,978,879 226,610,826
164,113,447 129,538,806
20,782,386
18,274,933

Other

income

income

Other

101,469,070

—

other

&

within one

interest
&

Depreciation

and

4,333,459

not

year
——

-

—

Amortization

indebtedness

write-off

.

of

financing expenses
Loss on sale of investment in a subsidiary co._
Exchange adjustment arising in consolidation—
•Provision

for

depletion

188,157
893,219

389,404

970,738
27,580,624
36,095,995

taxes™

income

the 191,600 shares of outstanding

American-Marietta Co., Chicago, 11L—Files With SEC
of notification was filed

with the SEC

on

March 25 covering

80,427,042

5,977,973
420,781
413,753

——

——

contingent

on

2,386,024

78,797,087
1,629,955

—-

Total

Int.

99,083,046

to acquire

600,000 outstanding shares of ICM stock.—V. 175, p. 1221.

A letter

Operating

desires

capital stock of ICM not owned by it and thereby make ICM a whollyowned subsidiary. The company now owns 408,400 shares (68%) of the

■v1:1950

$
—_

of

ENDED

The

■

■

852,565
14,276,948
26,212,019

Balance————
Dividends

preferred

on

shares—

Minority interest in profit of subs, companies—

29,619,802
744,337
114,589

33,670,675

28,760,876

32,608,353

$7.03

$8.77

733,756
328,566

profit carried

Earnings

per

•Including

to

common

earned surplus.
share——

$30,942,460

Canadian

—_

—

taxes

in

1951

and

$23,499,776

in

1950.
CONSOLIDATED

(In

BALANCE

SHEET,

DEC.

31

Canadian Dollars)

ASSETS—

5,800 shares of common stock (par $2) to be offered at $17 per share

Bioren &
Hermann.—V. 175,
through

Co., Philadelphia,
p. 514.

Pa.,

for the account of G. M.

American Potash & Chemical Corp.—Pres. of Unit—
Philip N. Myers, President of the McCloud River RR. Co. in Northern
California, has been named to succeed Jeoffrey L. Robinson, retiring
President and director of the Trona Ry. Co., a subsidiary of American
Potash

&

Chemical

Corp.,

it is announced.

Mr. Myers,
a director of the American Short Line Railroad Asso¬
ciation, assumed his new post on April 1.—V. 175, p. 317.

securities,

Government

bonds

principally

American

Tobacco

Co.—Stock Subscriptions—Of the

1,075,685 shares of common stock (par $25) offered to
common stockholders of record March 5 at $52 per share,
.

shares were subscribed
March 24. The 27,821 unsub¬
scribed shares were sold by the underwriters, headed
by Morgan Stanley & Co., at $58.62% per share. For
details, see V. 175, p. 1018.

on

a

for.

one-for-five basis, 1,047,864

Rights expired on

1950

$

—————

$

25,658,845

72,179,148

W* Want Offering*

National Bank of Tulsa

Canadian
64,099,420

50,827,945

Receivables, less prov. for doubtful accounts

35,997,048

32,501,138

•Inventories of aluminum, mats, and supplies—

71,481,632

54,614,721

10,524,386

8,072,872

2,764,135

2,946,565

Unamortized

——-

and

deferred

charges-

financing expenses of subsidiaries

Indemnity, surety and other deposits
Claims

in

carried

respect
at

—Z

at

plants, riparian

cost

,

;

8,598,283

15,113,668

Arkansas-Missouri Power Common and Preferred
Missouri Utilities Common and Preferred
Anheuser-Busch

I

Edward D. Jones & Co.
Members

680,833

1,100,000

New York Stock Exchange

nationalized,

-

rights,

709,277
1,933,485

properties
-

Investments

JLands,

of

and facilities,
283,497,309 184,903,500

Midwest Stock Exchange

Chicago Board of Trade
New York Curb Exchange (Asso.)

300
St. Louis, Mo. (2>

^65 per share- Total subscriptions

of the number

Exchange Commission—

on

in

Canadian Dollars)

Sales

Cost

Marketable

Net current assets stood at
$127,945,781 at the year end—a decrease
during the year of $32,251,832. The decrease is mainly the result

Capital

price

SEC

3

ACCOUNT

(In

:;<

Cash

aluminium

total
any

Domestic

Securities

47

Prepaid expense

since

larger

Consolidated

System

1951

V.

company

American

be

quickly oversubscribed and the

was

Annual Report—Nathanael
March 19 said in part:

were

public offering

American Investment Co. of Illinois—Extends Offer—•
See

47

.

1951—

books closed.

levels

The

of

tenders

Net

The

—47

1445.

p.

Aluminium, Ltd. — Secondary Offering—A secondary
offering of 100,000 shares of capital stock (no par) was
made on March 31 by The First Boston Corp. at $108 per
share.

privileges).

shares

the

covering 2,200 shares of common stock (par $10) to be offered
per share through The Milwaukee Co.,
Milwaukee, Wis., for

$45

account

———-

Reserve

12 Months of

maturing

of Waterboro Co., Inc.,
Maine, with approximately 20,000
square feet of floor space.—V. 175, p. 1121.

the

common

two

—

Selling, general and administrative

company.

The company owns 75 % of the capital stock
which owns a tannery in Waterboro,

company

Payable.

treasury.

company

over

feet.

at

and

funded

no

company Is one of the largest producers of glazed
this country; its sales of glazed kid leather In
the

in

46

debt.
Bank loans outstanding
paid in full prior to March 1, 1952.

company

The company's executive offices are in Boston, Mass.
It also leases
offices and salesrooms in New York City, and in
Philadelphia, Pa,

SEC

each

preferred and one new share
outstanding common (with over¬

March 25 filed a letter of notification with the
SEC covering 20,850 shares of common stock (par $1) to be offered
at $13.50 per share, without underwriting.
The proceeds are to be
used for general corporate purposes.—V. 171, p. 945.

Capital Flotations for December and the
Outstanding
*257,000 shs.

year 1951 constituted over 20% of all such leather sold in this country.
The company is engaged in and intends to
engage in the purchase of
animal skins and hides in the raw state, the
tanning thereof into

The

for

outstanding

of

the

The

Condition Statement of Members Banks of

1952

300,000 shs.

BUSINESS—The

two in

statement with

American Hoist & Derrick Co., St. Paul, Minn.—Files

Rates—*
—47
Combined Condition Statement of Federal

Foreign Exchange

1951,

current liabilities of $1,658,049.

value)_„

par

•Exclusive of 8,372 shares held by
NOTE—The

at the end of 1951

The

on

proceeds, approximately $700,000 are to be utilized for plant
complete programs commenced in 1951,
balance will be added to working capital in partial reim¬
bursement of 1951 construction expenditures of the company and its
wholly-owned subsidiary, Pequanoc Rubber Co.—V. 175, p. 1221,

Redemption Calls and Sinking Fund Notices—47

Authorized

operations

registration

common

shares

to

Of the

while

—35

The Course of Bank Clearings——

former stockholder.

a

CAPITALIZATION AS

Common stock

and

a

stock at the rate of one new share of

preferred
four

offered

additions and improvements to

State and City Bond Offerings————57

Federal

leather,

Co.—Registers With SEC—

filed

holders of the company's

be

to

With Securities and

year ended
June 30, 1951,
$20,005,521 and net profit was $871,589,

For

skins

and

each

common

Miscellaneous Features

the

current assets of $8,109,600 and total

kind

shares are

subscription

—35

—

28

terms, as well as the record date, are to be supplied by amendment.
Blair, Rollins & Co.. Inc., is named as the principal underwriter.

General Corporation & Investment News-Cover

the company's net
equal to $3.39 per
subject to audit, net
sales were $8,099,813 and net profit after estimated refundable Federal
taxes was $240,333, equal to 94 cents per share.
The balance sheet as of Dec. 31, 1951, subject to audit, shows total

sales

of

March

on

covering 96,655 shares of its common stock, $12.50 par.

Kid

on

share.

for

National Quotation Industrial Stock Averages.35

1017.

p.

stock

_36

Dow, Jones Stock and Bond Averages

under,

company

SEC

The

Transactions New York Curb Exchange——36

from

Net

the

——45

Transactions New York Stock Exchange

From Jan. 1—

Gross

Exchange—Curb Section—

Toronto Stock

or

American Hard Rubber

42
44

Stock Exchange

Toronto

1951

cost

The

40
.—41

Exchange-———Montreal Curb Market

505,263,820 422,940,390

-

whichever is not in excess of market."
tRepresented by 3,722,050 shares outstanding in 1950 and 4,093,289
in 1951.
tAfter deducting $274,815,229 for amortization, depreciation
and depletion in 1950 and $303,959,664 in 1951.—V. 175, p. 609.

38

—

Montreal Stock

MONTHS

1952

FebruaryGross from railway
Net from railway

•At

Philadelphia-Baltimore Stock Exchange—39
Pittsburgh Stock Exchange—39
San Francisco Stock Exchange—
-39

Alabama Great Southern RR.—Partial Redemption—
series A, due Nov.

Total

-37

Los Angeles Stock Exchange—

1,569,850.

of

Co.

———

36
36

Exchange-—-

3,160,816:

.

.15
„..—27
——-31
36

(Stocks)

2,512,604
3,919,915

Canada, Ltd., 4% shares—
13,231,100 13,589,350:
Saguenay Power Co., Ltd., 4Vi% shares
4,174,700
4,349,300
Indian Aluminium Co., Ltd., 5% shares
1,329,200
Minority interest in a subsidiary company
2,654,400
1,749,929
tCapital stock (no par value).
58,065,720 33,935,189
Capital surplus
—
2,483,313
1,961,689
Earned surplus
—
139,139,289 124,146,127
Aluminum

Page

1952

February—
from railway—-Net from railway—
Net ry. oper. income.—
Gross

one year

23,273,941

6,150,343
5,622,327
20,936,471
17,868,259
210,975,019 191,713,629

within one year

pay

8EC

Copy

MISCELLANEOUS

-

Payables, Including accrued liabilities——
loans, principally In sterling

Files With Securities and Exchange Commission—
The

a

and Investment News

Corp., Long Valley, N. J.—

Products

Chemical

PUBLIC UTILITY

-

Price 90 Cents

York, N. Y., Monday, April 7, 1952

Total

505,263,820 422,940,390

N.

4th STREET

CE 7600

tf aoihoim to
'

t

Sffl
2

The Commerd il and Financial Chronicle

(1430)

Monday, April 7, 1952

nfintfiztKHitt imw

1951 ''-v

Year Ended Dec. 31— '

sales

Net

Net

269,875,000 267,496,000 194,664,000

.«.

taxes
Earnings per common share
Common divs. paid per share
Book value per shr. at Dec. 31——
Pfd. stockholders

33,170,000

$4.66

$2.50

$2.00

$45.77

31—

15,033

14,194

—V.

21,473

21,519

Dec.

at

39,743,000

15,438,000

14,947,000

10,792,000

16,188,000
19,636,000
Expenditures for plant and equip—
Current assets at Dec. 31—179,888,000 165,806,000 118,192,000
69,475,000
58,931,000
30,826,000
Current
liabilities
—

assets

current

Net

and

Plant

Other

~

—-

87,366,000

110,413,000 106,875,000

depr.)— 107,675,000 102,033,000 101,756,000
12,080,000
3,980,000
2,448.000

equipment (less

assets

-V.

174, p.

191,570,000

230,168,000 212,888,000

invested——-—

capital

released

were

April

on

this

by

1

company

its

on

plan to build a new refinery at Kwinana, near Fremantle, following
by the Western Australian Parliament of the agreement
the

between

and

Government

State

the

company.

capacity of 60,000
barrels a day, which will be the largest in Australia,
and will cost
£A
40.000,000.
It Is estimated that the
plant's production will be
able to meet the requirements of Anglo-Iranian's Australian associates,
Commonwealth Oil Refineries Ltd., and the British Petroleum Co. of
New
Zealand
and
will
also
provide for Anglo-Iranian's Australian
bunkering trade through BP (Australia) Ltd.—V. 175, p. 1018.
call

Plans

construction

for

of

a

with

plant

a

tional

offering

March 26 of 400,000 shares of common stock

on

(par $5) at $12.75 per share was quickly oversubscribed
and the books closed. See details in V. 175, p. 1329.

tax

Privately—The company has

stock

common

the

to

will

bonds,
1963, for redemption on May 1, 1952, at 101%%.
Payment
made at The Hanover Bank, trustee, 70 Broadway, New York,

be

1,

Y.—V.

N.

$121,000 of its first mortgage 3%%

has called

company

173,

1370.

p.

Atlantic Coast Line

shares

of

filed

was

stock

common

with

the SEC

$1;

(par

$5

1952

February—
Gross

from

Net

from

Net

ry.

railway-

20

the

at

covering
market

from

Net
March

through Eisele & King, Libaire, Stout & Co., New York, for the- account
of Jerome L. Long, the selling stockholder,—V. 168, p. 342.

4,374,739

1,829,865

2,431,213

612,098

385,554

1,164,151

ry.

31,038,349

27,454,112

22,115,099

23,751,681

—

from

Net

from

Net

ry.

—V.

4,567,769
993,189

9,214,063

railway—i
income

oper.

2,221,238

—

5,170,254
2,418,824

4,901,702
2,382,617

The

company

covering

raise

to

March

on

filed

25

undetermined

an

employees
p. 913.

letter

a

of

number

notification

of

with

the

under

shares

(par

$5)

common

$300,000.
The shares will be offered
purchase plan at $13 per share.—V. 175,

stock

a

corporation

March

on

filed

28

letter of

a

with

the

per share,

without underwriting,
Bache & Co., New York, may act as
broker.
The proceeds are to go to Elizabeth M. Blatner, who is the
selling stockholder.—V. 174, p. 1690.

Baker-Raulang Co., Cleveland, Ohio—5%

Stock Divi¬

dend, etc.—
The directors

15,
in

the

for

of

announced

27

stockholders

to

issuance

the

similar

March

on

1952
lieu

Sales

capital
In

first

of

stock dividend,

5%

a

record

May 1, 1952.
shares.
"

fractional

of

months

two

of

the

carry

this

resources

to

imprudent
present

shares
be

April 2

on

6d.

2s.

to

were

vote

on

capitalized

$100

the

increasing

of

1952

70%

were

Current

trasted

above

those

for

current

The

to

distribute

time.—V.

175,

business

the

shareholders

directors

dividend

a

as

deemed

amounted

1951
of

to

$17,214,666,

the

a

resulted

$25,559,311

and

capital

records

established

principally

from

in

CONSOLIDATED

INCOME

the

textile

lower

quarters, but the chemical
high level of production and sales.

and

The

in

1951

1950

STATEMENT,

$733,326

$747,687

$729,189

500,432

279,826

368,904

336,719

Net

ry.

railway—.
oper. income—.

175,183

182,725

157,225

196,355

1,923,915

1,631,830

1,706,815

1,705,586

978,707

716,509

903,063

821,013

234,814

281,439

403,463

from

from

Net

ry.

•—V.

railway

railway
income—

oper.

175, p.

4

Gross

sales,

and

Depreciation

Selling,

the

to

erect

25,000

Net

and

feet

square

longer

no

of

land

needed

for

Property—

in

ENDED

DEC.

Boston,

railroad

Mass.,

owned

by

this

Interest

been

has

purposes,

sold

Amort,

the

use

site

to

Gross

1950

at

the

on

March

31

400,000

covering

shares

of

market.—V.

174.

filed

letter

a

capital

of

stock

notification

(par

$5)

to

with

be

the

offered

1590.

p.

Cash

Net

Bruning

Co., Inc., Teterboro,

income

4»/2%

Model

by

30,

this
"The

of

low

of

for

a

new

low

making copies

company.
Model 30

in

speed

business

and

Copyflex
industry,

machine,
is

the

pfd.

announced

to

„_i

in

machine

offers

an

unrivaled

of

the

Model

all parts of the

30
Copyflex
country.

machines

Canadian National Lines in New
February—
Gross from railway—
Net from railway——
Met ry. oper. income.—

were

started

______

83,873,257

36,155,064

1951

1950

1949

$233,000

$204,000

$210,000

$168,000

*63,530

*4,626
*83,325

16,693
*43,506

*133,354

*123,696

*79,960

From Jan. 1—

Gross, from

Net
Met

from
ry.

railway
railway.——

oper.

509,000

*102,550
>225,636

income

♦Deficit.—V.

371,000

358.000

2,354,843

316,457

41,000,000

13,000,000

40,361,1G6

20,640,826

17,534,862

14,060,947

*71,693

*139,750
*246,608

1,037,253

1,037,253

498,771

1,995,088

1,995,091

5,844,954

_

*193,003

175, pp. 514 and 1019.

amount

175,

5,844,954

5,514,107

$6.38

$3.56

from

expenses

BALANCE SHEET,

hand—.

with banks and

Government securities and

accounts

on

receivable, less

—_

obligations

reserves™—_*

and advances and int. receivable-mkt.

Inventories at cost or less, not in excess of

1951

1950

1940

$517,101

$358,795

$384,414

134,307

14),09'

60,954

48,607

6),611

70,303

27,395

10,069

1,139,535

1,010,091

744,812

800,654

254,938

289,037

151,232

81,976

127,944

income™

142,473

76,006

12,683

1952

railway

other

payments

subsidiaries

Other

from

2,667,984

2,738,271

1,673,130

1,370,642

41,197,048

31,315,149

33.118,309

12.459,138

13,240,132

7,996,567

6,449,876

4,776,675

railway.

railway

5,623,645

3,130,373

1,922,108

income

oper.

175,

p.

1020.

Hutzler bid

&

under

of 1952, maturing
April 15, 1967 at prices
The group was awarded
trust

bid of 99.659.

99.3217, also

for 27/8s.

the

certificates

estimated

secured

are

to

members

&

by

standard-gauge

new

railroad

equip¬

$11,847,804.

cost

the

of

Co.,

Inc.;

Corp.;

Weeden

McCormick

Co.;

&

&

Julien

Co.;

and

INCOME

Collins

&

Mullaney,

Co.;

First

Wells

&

of
Co.

expenses

Net

operating

Federal

and

Payroll

adopted in

1951 and $6,000,000

DEC.

in

advance

—

_|

31

—

106,963,961

Rent
Net

$

51,775,177

61,556,854

6,908,222

Total

24,173,707

49,442,081

45,879,069

25,834,966

3,284,314

2,549,471

52,726,395

(net)

10,475,452

42,057,416
3,821,653

railway

operating

income

48,'428,540

1,661,259

126,033

10,267,298

2,109,079
45,343,454

Other

808,345
18,812,776
3,184,269

3,569,384

33,257,220

Misc. deductions from income__~™_
Fixed charges

1,639,282

•

1,298,607

27,133,573
4,105,651

2,916,000

12,006,853

11,670,025

38,122,534

____________________

2,474,595

11,687,861

™___

33,947,092

11,357,897

20,733,593

19,511,839

amortization, depletion and
deducted in
arriving

retirements

at net income

:

Dividends

on

preferred

Dividends

on

common

per

common

Earnings

l

274,364.686

income

Deprec.

16,267,857

1

income

Total income

21,754,332

335.188.671

—,—

income

12,185,000
7,745,293

10,891,418

45,201,389

_______

8,017,603

4,240,692

income

54,579,452

36.700,000

10,757,963

taxes___

97,666,437

42,000,000

——

inc.

.1950

equipment, etc._™__™___ 171,781,005 149.430,733
disct., prem. & exp. (less amts. amortiz.)
1,236,089
551,133
deferred
charges—___________________
229,116
233,565
trade-marks

S

9,004,60)

revenue

Canadian

Operating

1.480,512

—„-

1949

S

368,186.306 318,676,866 273,958,827
261,222,345 221,010,429 219,379,375

taxes

Net

—-

1950

S

1_

revenues

$3.13

to cost of goods

expenses

ACCOUNT

1951

.J..

Operating
Operating

tPlant, machinery,

and

1949

42,194,762

income™

oper.

1950

1951

$20,601,359 $19,827,164 $15,139,271 $16,588,121
6,60.9,712
6,220,957
4,045,694
3,861,653

—

COMPARATIVE

Investments—at cost:

Foreign

>

,

Ry.—Earnings—

$572,921

Years Ended Dec. 31—

1951

and

1122.

p.

Carolina

Western

railway

Michigan

3,064,401

share

U. S.

Patents

in

914.

13,233,643

442,379'

159.395

$

Other

increase

amounted

conversion of debentures
in long-term debt of
represented by common and

increase

net

a

preferred stock

with

together
in

Property and other taxes:

Insurance

money

offering group are—R. W. Pressprich & Co.;
Equitable Securities Corp.; L. F. Rothschild & Co.; A. G. Becker & Co.
Inc.; Freeman & Co.; Gregory & Son, Inc.; Ira Haupt & Co.; Hayden,
Miller & Co.; The Illinois Co.; McMaster Hutchinson & Co.; Wm. E.

(Including Domestic Subsidiary Companies)

Debt,

476,000
*23,013
*149,280

ry.

Other

1950.-

Other accts.,

England—Earnings

1952

bonds and

mortgage

railway

from

The

142,929

tlncludes $1,250,000 for excess profits tax in

Trade

money

issues,

resulted

&

new

Philadelphia Plan, the certificates are being of¬
fered subject to authorization of the Interstate Commerce Commission.

929,243

ASSETS—

*

requirements.

the policy of providing

second equipment
semi-annually Oct. 15, 1952 to
to yield from 1.95% to 3.00%.
the certificates on April 3 on a

35.225,821

1,134,199

27,250,000

series

Cash
on

capital

temporary borrowings which were
of new securities.
In 1951 Central
from new securities than in any, year

$5,195,700.—V.

of

Salomon Bros.

82.739,058

printer.
Shipments

future

by

certificates,

10,787,679

give effect to the classification of cei'tain

combination

price, high speed and premium prints," Allan Halstead. Vicein charge of sales, stated in
announcing the new white-

its

Chesapeake & Ohio Ry.—Equipment Trust Certificates
Stuart & Co. Inc. and associates on
April 4 offered $9,450,000 278% serial equipment trust

*11,750,859

preferred

common

per

the

,

stock,

second

1950.

President

April 1 to

more

railway™.

p.

from

—V.

125.312,539*113,527,646

.

increase

to

From Jan. 1—

$

2.195,634

proposal

a

sale

income

oper.

175,

Gross

171,292,005

12,744,505

exp.

-

_

stock

CONSOLIDATED

Copyflex

&

taxes

Corp.—Stock Incr.—

Chicago, Burlington & Quincy RR.- -Earnings-

1949

11,687,840

♦Revised by the transfer of $3,734,149
sold

priced, high

prem.

A__
stock
1st preferred stock, $4.75 series-Common shares outstdg. at Dec. 31
7%

N.. J.—-New

Copying Machine Produced—
Production

from
ry.

—V.

Net

24,800,263

disct.,

dividends:

Common

Earned

(Charles)

from

Pollock
Net

The corportaion

debt,

approved

Offered—Halsey,

$

2,332,657

—

on

the

railway

oper.

Net

54,525,-849

tProvision for Federal income

Electric

25

finance

to

February—

1,133,798
—

16,568

railway ______

Net

1395.

Broad Street Investing Corp., N. Y. —
Registers With
Securities and Exchange Commission—
SEC

ry.

Gross

53,392,051

—

530,527

♦42,944

From Jan. 1—

ment

Fireproofing Co.
The purchaser will
office building and warehouse.—V.
160, p.

new

from

Net

31

13,348,726

income

501,919

1.52

from

Net

'■■>? *

12,161,113

operating profit

1,158,145
325,769

FebruaryGross

-

exps

*42,628

5,910,451

program

an

stock

from

123,749,124
admin,

7,517

5,719,922

450,783

by

stock,

and

$3,807,000,

preferred

con¬

returns

—

and

gen.

91,714
7,260,607

has been following

These

common

ry.

YEARS

.

has recommended the proposal in order to be in
from time to time cuch additional preferred stock

obtained

Net

202,651,014 232,483,942

Total income

General

a

214,982

March

on

funded

$9,000,000.

Issued

1019.

Boston & Albany RR.—Sells
railroad

discounts,

allowances

Other

About

less

Cost of goods sold

From Jan. 1—
Gross

Net

278,492

1,316,643

its history—issues of

into

421,156

from

464,265

914.

p.

construction

Net

$

1949

$978,778

from

1949

$2,838,184

219,013

appropriate

company

Reduced

1951

1952

railway——

Net

Gross

1950

$2,800,024

There are

issue

be

its

to

plastics

(Including Domestic Subsidiary Companies)

.

ls5i

preferred stock.

to

Hudson

$30,683,298.

year.

to

175, p. 914.

preferred scccx from 150,000 shares to 225,000 shares,

company

operations in the third
divisions attained

previous

the

used

7,364,378

175,

serial

subsequently

$106,242,609,

were

be

$3,507,686

income—

value.

may

for

working

net

to

are

company presently engaged in the largest expansion program in
history, plans to spend approximately $24,600,000 on construction
during 1952 through 1954 but has no present plans for the issuance
of any preierred stock.
■

capital

$119,972,614,

leaving

working

net

fourth

Beaumont, Sour Lake & Western Ry.—Earnings
February—

31,

notiiication with

o.

its

whole, was one of sound progress, Harold Blancke,
stockholders,
although
sales
and
profits
failed
to

high

and

413.

p.

Dec.

liabilities

in

The

the

on

told

reach

it

the

at

liabilities

year,

President,
sales

of

of

as

current

shares

$3,622,394

railway
income™

par

The

all

capital of $102,757,948. A year earlier current assets

company.

volume
cash to

assets

5,844,954

632,611

stockholders

position

Corp. of America—Annual

with

letter

a

equipment.—V.

new

railway

cumulative

Report—Consoli¬
charges and taxes in 1951
amounted to $24,800,263, equivalent after preferred stock
dividends to $3.56 on the outstanding common stock,
compared with $40,361,166, or $6.38 a share, in 1950, ac¬
cording to the annual report of the company released
recently.
Sales
last
year
aggregated
$202,651,014,
against $232,483,942 in 1950.

payable
will be

Cash

by

130,300 shares of this stock presently out¬
standing,
viz.:
70,300 shares of 4V2%
cumulative preferred, 20,000
shares of
4.75%
cumulative preferred, and 40,000 shares of 5.25%

by the creation of 23,762,400 new "B"
each and authorizing that the sum of

after

filed

24

Central Hudson Gas &
The

by

income

net

to be retired

underwriting. The proceeds

oper.

auinorizeu

£8,795,300

of

1950 U. S. Treasury
within- one year. * ♦Rep¬

shares of common stock (par $1) to be offered at

railway

from
ry.

statement with the
stock, to be offered

common

the

dated

period

order

par

the appropriation thereof to the holders
(including "A" ordinary shares
and
"B"
company and applied in the payment in full
at
par
of 29,762,400 "B" ordinary shares.
Such shares are to be
distributed
among
the
holders
of the ordinary
shares
(including
"A"
ordinary shares and "B"
ordinary shares)
of record April 2
in the proportion of eight new "B" ordinary shares for each ordinary
share and "A" ordinary share so held and one new "B" ordinary
share for each existing "B" ordinary share so held.—V. 157, p. 2308.

large

a

registration

a

$1

(England)—Stock Distribution—

to

company

£3,720,300

of 1951. It was pointed out in this connection
backlog of orders and shipments for commercial and
government deliveries have made increasing demands upon the working
that

shareholders

the

ordinary

Celanese

notification

SEC covering 9,670 shares of common stock (par $1), to be offered at $8

May
paid

of its

depreciation and
in 1950.
tAfter

$^0,759,787

Georgia Ry.—Earnings—

Charleston

(B. T.) Babbitt, Inc., N. Y.—Files With SEC—
The

filed

1

ordinary shares
ordinary shares) of the

aggregate amount of

an

to

of

of

1121.

Automatic Canteen Co. of America—Files With SEC—
SEC'

April

on

sale

Carreras, Ltd.
The

railway-

175, p.

company

covering 60,000 shares

public

for

reserve

and

1951

1952

oper.

Net

as

From Jan. 1—

Gross

March

on

railway™.

from

Net

through an underwriting group headed by Kidder,
Peabody & Co. and Kirkpatrick-Pettis Co.
The public offering and
underwriting terms are to be supplied by amendment.

2,613,701
1,226,436

__

income

The

for

tA.ter

in

amounts

without

♦Deficit.—V.

SEC

2,337,982

From Jan. 1—

Gross

■$15,341,918 $13,166,727 $10,753,355 $11,538,476

—

railway,—

oper.

1949

1950

share,

from

Gross

and

1951

corporation

per

Net
on

75,482,543

174,

retire indebtedness and for

underwriters.—

offered

be

to

14,817~900
42,963,275

6o,o95,773

shares,
ttRepresented
p. 1987.

420,000

1950.—V.

Central of

letter of notification

3,590,675
40,425,000

Central Airlines, Inc., Ft. Worth, Tex.—Files With SEC

Securities and Exchange Commission—
5,000

20,188,000

2,337,982
42,963,275

valuei

$/30,000.

^Excluding
by

and

Toe

Net proceeds of the offering will be added initially to working capital
may be used for general corporate purposes and to meet increased
working capital requirements.—V. 173, p. 1475.

RR.—Earnings—

of

$90,873,891

February-

Redemption

Atlanta & Charlotte Air Line Ry.—Partial
The

of

SEC covering 27,750

Carpenter Paper Co.—Registers With SEC—

due Nov.

notes.

1951

Carpenter & Co., Wharton, N. J.—Files With

E.)

19,250,000
50,000,000

——______

reserves

resented

175, p. 514.
(L.

31,000,000

deducting $33,102,274 in 1951 and $37,430,600 in

a

abovementioned

18,000,000

29,500,000

■'/..—__u—335,168,671 274,364,686

♦Alter

amortization

purchase agreement with 13 institutional
investors providing for the private sale of 50,000 shares
of its $5 cumulative preferred stock
(no par) for ap¬
proximately $5,350,000. It is expected that such sale will
be consummated simultaneously with the delivery of the
V.

3,425,135

1/^

—

suivms'___——-i

Total

Construction expenditures are estimated at $67,1952-1954.
An estimated $30,000,000 of addi¬
will be required to complete the program.

years

financing

748,416
1,895,216

:>tSTO -15.868,056

expenses-—^»

1965

(without par

surplus

Earned

purposes, -

the

otner

929,065
2,u 16,333

inetjf.^LQ.f')

in-a-current)—

1,

5,961,375

—

ttCommon stock

A

public

Sold—The

Co.—Stock

Service

Public

Arizona

banks

to

Capital

for

income

on

interest and

taxes,

payable

also proposes to sell privately to 13 institutional
investors 50,000 shares of its $5 preferred stock
for approximately
$5,350,000.
Net proceeds of the sale of the common and preferred
shares will be used for the construction of new facilities and for other
corporate

^

amjfyfiJI

otner

3,<>90,675
1—
**$4.75 1st preierred stock (Without par value)
4V2% preferred stock, series A (par $100)
100,000,000
7%
2nd preferred stock (par $100)
3,416,300

company

entered into

ratification

taxes

debentures due Oct.

amendment.
The

and

113.-85% debentures due Dec. 1, 1966—
113.5% debentures dae Oct. 1, 19/6—
Reserves Tar contingencies —

company on March 31 filed a registration statement with
the
covering 200,889 shares of its no par common stock, to be oifered
for
public sale, through an underwriting group headed by Merrill
Lynch, Pierce, Fenner & Beane and R. S. Dickson & Co., Inc.
The
public offering price and underwriting terms are to be supplied by

To Place Preferred Stock

details

1!3%

SEC—

The

11S4.

Anglo-Iranian Oil Co., Ltd.—Plans New RefineryFurther

Accrued

Notes

000 000
Total

Federal

7,661,113

within onp»yeui

retired

taxes

from employees „j,
liabilities, wages ana commissions——

tAccrued

SEC

50,047,000
15,965,000
22,282,000

be

to

State

TO

8,372,943

—————

——

withheld

$3,130,696

$1,483,611

$1,724,230

$1,374,274

—

Carolina Power & Light Co.-^-Registers With

14,325

19,389

stockholders

earnings
175, p. 1122.

due

and

Accrued
Net

2,359

Employees at end of year——
Federal, State and local taxes, in¬
cluding social security taxes—
Pr'ov. for depreciation
—

Common

Federal

$40.45

2,194

$2.50
$50.11
2,016

at Dec. 31——

payable1

Funded debt

$69,926,290 $63,701,868
68,432,679 60,571,172

20,227,000

$7.83

23,110,000
$5.37

after

earnings

earnings————*. $35,325,097 $30,954,131
Working expenses-—-—
33,950,823 29,229,801

Gross

' $

$

Accounts

1952—2 Mas.—1951

1952—-Month—1951

VW>*HD?M

LIABILITIES—

Ry.—February Earnings-

Period End. Feb. 29—

1949

1950

Pacific

Canadian

(& Subs.)- -Earnings, etc.

American Viscose Corp.

yTtPn^viwu

.

—

Tt—

21,771,426
636,934

636,022

690,069

—

17,588.466

11,725,644

17,588,466

$4,80

$4.25

$1.36

stock
stock

share_

(Continued

on

page

14)

Commeircial and Financial Chronicle
(Reg. U. S. Patent Office) William B. Dana Company, Publishers, 25 Park Place, New York 7, N. Y., REctor 2-9570. Herbert D. Seibert, Editor and Publisher;
Dana. Seibert. President.
Published twice a week [every Thursday (general news and advertising Issue) With a statistical issue on Monday).
Other offices: 135 6. La Salle St., Chicago 3, III."
(Telephone STate 2-0613); 1 Drapers' Gardens,
London, E. C., England c/o Edwards & Smith.
Copyright 1952 by William B; Dana Company. Reentered as second class matter February 25, 1942, at the
post office at New York, N. Y., tinder the Act of March 3, 1879.
Subscriptions In United States,
U. S. Possessions, Territories and Members of Pan-American Union, $45.00 per year; In Dominion
«f Canada, $48.00 per year.
Other Countries. $52.00 per
William

year.

MOTE:

On

account

of

the




fluctuations in the rate

of

exchange, remittance fot foreign, subscriptions

and advertisements must be

"made in New York funds.

Number 5105

Volume 175

.

.

The Commercial and Financial Chronicle

.

(1431)

3

Capital Flotations in the United States in December
And for the Twelve Months of Calendar Year 1951

'

1
■

<

Aggregate corporate placements in December totaled

3.25%; equipment manufacturers, $4,977,000, or 0.74%,
and land, buildings, etc., $1,424,590, or 0.21%.
Outstanding among the large offerings placed in De¬

and exceeded November's figure of $577,709,475 by a fair margin and that of December, 1950, in
the amount of $535,712,777 by a more substantial total.
$674,562,284

Total
added

emissions in December, 1951,
$591,309,884, or 87.66% of the month's
while refunding operations comprised $83,12.34% of the over-all amount.

new

corporate

to

up

financing,
252,400,

or

Long-term

bond

and

or

turing category.

in November,
Insofar as we are

$446,863,000 in December,

able

to

determine,

in

taken

1950.
short-term financing

no

under¬

was

,

No. of Issues

a

183,784
the

of

contrasted with $233,981,475 in November

as

previous

month

and

greatly
1950.

the

$88,849,777 in December,
division

A

of

reduced

-

66,636,000

34.3
5®.7
50.4

268,641,200

51.7

54.3

166,325,000

39.5

54

-

226,385,360

46

October

September

of

28.7

38

_

48.9

471,256,625

___

167,940,500

165,135,750

_

% of Total

31

November

$321,951,400

28

December

placements for December of last year revealed
slight contraction in dollar volume and totaled $225,-

Total Amount

36

December.

Stock

344,531,208

46.5

August

amount

July

_

...

_

42

.

June

May

the

December, 1951, stock total into
common and preferred issues discloses the fact that the
former group standing at $123,625,184 exceeded the latter's total by $22,066,584.
This was in sharp contrast

,

■

_

„

April

j

March

•

35

February
January

__

moderate

a

137,421,250

Public utility

financing failed in December, 1951, to
advantage over all other forms of corporate
fund raising.
It totaled $221,008,254, or 32.76% of the
month's over-all financing as contrasted with the total
hold

its

for other industrial and
to

or

48.17%

was

iron,

$324,920,584,

Next

in

7.45%,

manufacturing which added

order

followed

oil,

by

of

43.4

70,508,250

27.0

34

$25,871,234,

$50,276,500,

3.84%;

or

during December comprised the

of

fund

debentures,

the Province

North York

the month's grand total.

steel, etc., at

market

issue

up

of

due

New Brunswick

Dec.

1,

1970,

1971, inclusive.

miscel¬

present

There

States Possessions

or

$10,000,000

4V2% sinking
the

and

$1,793,000

on

were no

Nov.

15

from

1954

to

obligations of the United

placed here in December.

a

SUMMARY

OF

CORPORATE

FINANCING

Capital

$

1951,

1950

AND

1949

—tl!J50
Total

Refunding

$

MONTHS

BY

-1951——
New

New

Refunding

Capital
$

$

New

$

Capital

Re funding

$

$

245,948,840

14,805,818

260,754,658

561,588,835

108,401,500

669,990,335

458,562,725

375,040,536

27,152,235

402,192,771

153,354,633

20,678,427

174,033,060

245,905,085

7,512,700

March-

802,709,210

81,607,950

369,411,355

169,185,100

538,596,455

$

2,611,000

February..

First quarter

1,399,976,586

119,348,003

884,317,160

1,084,354,823

1,519,324,589

298,265,027

1,382,619,850

431,852,531

'

461,173,725
253,417,785
471,112,531

39,260,000

1,136,320,341

In the above

connection, it should be pointed out that
figure for 1951 was the largest on record
1929, when that year's total amounted to $10,026,361,129. A study of our records for prior years uncovers

1943

over-all

49,383,700

1,185,704,041

April

660,795,471

79,666,875

740,462,346

365,294,050

95,473,740

460,767,790

685,798,072

1,221,250

687,019.322

May

402,604,523
778,617,434

18,036,450

420,640,973

376,398,520

250,366,295

626,764,815

297,729,400

34,050,000

331,779,400

89,038,025

867,655,459'

616,694,966

280,172,725

896,867,691

1,236,224,598

30,519,224

1,266,743,822

1,842,017,428

Six months

186,741,350 2,028,758,778

3,265,716,014

310,307,353 3,576,023,367

626,012,760 1,984,400,296

1,358,387,536

924,277,787 3,367,020,146

2,442,742,359

2,219,752,070

on

65,790,474 2,285,542,544

486,056,920
308,028,606

August

33,943,362
19,778,730

25,654,333

234,392,315

520,000,282

3,356,072,411

115,174,174

3,471,246,585

441,618,943

25,364,226

140,067,955

426,593,272

19,735,000

1,220,678,798

73,457,092

131,915,610

8,118,500

20,630,000

823,093,194

1,294,135,890 "

413,374,850

466,983,169
140,034,110

336,023,984

143,581,553

43,097,486

186,679,039

186,352,288 1,009,445,482

273,306,895

327,807,336
446,328,272

260,046,648

717,116,106

76,580,212

793,696,318

compilation given

our

another page of this article.

Dividing the total for 1951 into the various types of
financing, we find that long-term bonds and notes ac¬
counted for $4,866,286,358 of the
aggregate amount as
against $4,417,917,950 in 1950, while preferred and com¬
stocks in 1951 added up to
$1,787,605,899 compared
$1,291,579,228, or an increase a trifle short of one-

mon

with

half billion dollars.
Of

the

total

played

group

43.75%

or

corporate financing

in

the utility

1951,

dominant part, taking up $2,913,501,229,
all funds raised, this latter total
being

a

of

slightly under that for 1950. Other industrial and manu¬
facturing was next in order at $2,171,599,759, or 32.60%
compared
with
$802,630,584
in
1950;
miscellaneous
$466,286,617, or 7.00%; iron, steel, etc., $339,877,301, or
5.10%; railroads, $331,442,500, or 4.98%; oil,
$226,897,947,
or
3.41%; rubber, $104,457,258, or 1.57%, and all other
categories, $105,850,646, or 1.59%.
for

the

tabulation of the annual corporate fig¬
18 years according to each type of

a

past

security:
DOMESTIC

Calendar

CORPORATE

Bonds and

Years

1

1951*—

Common

Stocks

$4,859,807,358
4,467,814,500
4,508,733,217
5,281,112,395
4,771,309,634
4,435,961,800

1949

ISSUES

Preferred

Notes

Stocks

$804,569,812

Total

$933,931,993 $6,598,309,163

618,026,607'

647,160,331

5,733,001,438

626,418,888
495,862,288

6,220,393.136

659,154,129

6,276,745,020

1,268,428,380
1,033,817,917

804,387,001

4,883,239.629

278,823,945

6,200,881,482

410,630,640

101,223,891

886,827,500

130,710,988

43,079,643

3,121,828,531
1,060,618 131

913,122,350

1945—_____

397,939,850

443,418,453
846,281,257

2,609,974,000

:

1947—„

110,158,408
219,228,275

18,817,643

1,042,098,401

79,901,271

2,618,804,746

246,315,690
161,158,178

81,616,848

2,762,577,838

1943

1942

July

$7,817,877,031 and that for

totals, but is shown separately in

1946

Second quarter

grand total, while substantial, was

respect to the above figures it should be noted

1950_

June

1951

that

ures

Total

'

January——

refunding volume. However, this loss was
offset by the substantial rise in new
money
operations in 1951 at $6,130,311,612, or 92.1%, contrasted
with $4,513,700,916 in 1950, or 76.7%.

Following is

U949Total

$

'

in 1950, exceeding by two and one-half times the
than

government, municipal and farm loan and
government agency financing is excluded from the above

tabulation of figures since January, 1949, showing the different monthly amounts of cor¬
porate financing. Further revisions in the 1950 and 1951 figures may be necessary, particularly as additional pri¬
vate financing is brought to light.
we

23.3%

more

here

Township of Ontario offering of 4 and 4x/2%

improvement debentures, due

or

laneous, $24,134,122, or 3.58%; railroads, $21,950,000,
Below

tic

corpor¬

Refunding operations in 1951, contrary to the sharp
upward trend the year before, totaled only $529,601,645,
or 7.95%
of the grand total, as against
$1,373,238,262, or

With

15.5

174,666,591

_

—

1950, the total was $165,904,316, of which
$137,791,271 was for new money purposes and $28,113,045
for refunding. Canadian financing
placed in the domes¬

sum.

new

year

also below the 1928 figure of
1927 of $7,319,195,804.

able period of

preferred issues b.y

in

1951, standing at $6,659,913,257 compared with $5,886,939,178, the total vol¬
ume for the
like period in 1950.

the fact that the

exceeded
"

1951

since

Municipal offerings in December amounted to $295,529,050, of which $276,119,215 represented new money
and $19,409,835 refunding operations.
For the compar¬

issues

placements for the full

the

pattern for November, 1951, when preferred stock
led common stock offerings by a ratio of twoto-one.
For December, 1950, common stock placements

to the

ate

latest year's

Privately placed issues for December accounted for
$321,951,400, or 48.9%, of that month's total. Comparison
with preceding months (as revised) follows:

compared with $343,503,000, or 59.46%

and

was

utility financing, which has held the leadership in dollar
volume over all other forms of corporate entities, gave
way in December to the other industrial and manufac¬

financing for December,
66.62% of the grand total,

note

1951, totaled $449,378,500,
as

the $125,000,000 issue of Westinghouse
Electric
Corporation 3x/2%
30-year
debentures,
due
December 18, 1981. As a result of this placement, public

cember, 1951,

Results for the Year

Noteworthy improvement is reflected

1941—.

2,319,675,200
2,434,645,300

1940—

5,533,091,955

6,508,777,181

quarter

315,393,984

1,882,749,000

72,759,242

2,116,666,420

2,042,783,895

78,560,510

19,087,784

1937—

1,673,283,500
4,026,041,600

468,395,208

292,013,451

270,840,364

282,063,717

2,140,432,189
2,433,692,159
4,578,945.681

1935

2,116,597,775

123,650,746

27,180,244

1934

Third

1939

1938—

September.

455,293,100

3,198,450

31,4.02,899

1936

months

Nine

October

4,486,394,812

383,764,445 4,870,159,257

470,013,741
591,309,884

November

December

:

15,943,500

582,593,175

*

3,265,835,553 1,110,630,075 4,376,465,628

4,073,188,517

78,964,787

547,196,626

444.597,434

75,247,148

427,564.147

268,149,805

38,775,000

306,924,805

108,396,252

535,712,777

374,693,579

105,249,790

479,943,369

485,957,241

468,231,839

46,641,300

629,234,475

83,252,400

674,562,284

352,316,999
427,316,525

191,754,386 4.264,942,903
104.958,444

549,555,878

DOMESTIC AND FOREIGN, INCL.

Calendar

Bonds and

Years

Fourth quarter

1,643,916,800

145,837,200 1,789,754,000

1,247,865,363

262,608,187 1,510,473,550

1,087,440,818

248,983,234

1,336.424,052

1951

;

6,130,311,612

529,601,645

6,659,913,257

4,513,700,916 1,373,238,262 5,886,939,178

5,160,629,335

440,737,629 5,601,366,955

1949

:.

following changes have

been made in the years

1951

and

_

6,317,917,517

813,229,501

6,652,069,681

4,937,839,620

1,036,481,389

284,266,445

6,258,587,454

3,181,078,531

Add

Jan

Add

Classification

1951

Jan

Jan

Feb

1951

Add

Feb

Other

Mar 1951

Add

Mar 1951

Add

Mar 1951

Add

Apr

Add

May 1951

Add

May 1951

1951

Add

May 1951

Deduct

May 1951

Add

Jun

1951

Deduct

Jun

1951

Add

Jun

1951

Add

Jun

1951

Ind.

&

Mfg

Ind.

&

Mfg.-T*Yale & Towne Mfg. Co., 314%

Mfg.—"Bradley

Miscellaneous

1951

Add

&

Other

1951

Feb'1951

Add

New

of Issue—

Other Ind.

1951

Add
Add

Name

Other

(Milton)

.

414%

12-year

note__—

*Republic Supply Co. of California 3%%
Hochschild, Kohn & Co.,

Ind.

&

Mfg—*Hudson Pulp &

Other Ind.

v

Co.

&

Mfg

•

Queen

Add

Jun

1951

Jun

1951

Add

Jun

1951

Add

July 1951

Paper

Corp.

Public

Add

July 1951

Public Utilities—

Add

—

Iron, Steel, Coal, etc.* Youngstown Sheet & Tube Co. 314% 1st mcge. bonds, series F, due 1976—
Utilities
'Arkansas Western Gas Co. 37/s%
1st mtge. bonds due 1971——
Blair

Telephone Co. 4%

"MidSouth Gas Co. 3%%

1st mtge. bonds, series A
1st mtge, bonds due 1970*—,—

Public

July 1951

Add

Aug 1951

"Nekoosa-Edwards Paper Co. 314% & 3%% 1st mtge. bonds due 1954-1971—
Public Utilities
"Detroit Edison Co. 3»/4% promissory notes due 1952-1959,
Other Ind
& M~fg
"Jantzen Knitting Mills, Inc. 334% promissory notes due 1966—
—
Oil
I" Sinclair Pipe Line Co. 25-year 3%% debentures due 1976
—
Public Utilities
"Southwestern States Telephone Co. 1st mtge. bonds
Other Ind
& Mfg" "Rheem Manufacturing Co. 334% promissory notes due 1953-1966
Other Ind! & Mfg!"* American Bakeries Co. 3%%
promissory note due 1955-1971
Public Utilities
"Texas Illinois Natural Gas Pipeline Co. 3V4% 1st mtge. pipeline bds, due 1970
Other Ind
& Mfg
""Cribben & Sexton Co. 4V2% 1st mtge. loan due 1954-1966
Other Ind! & Mfg!—"Ex-Cell-O Corp. 37/»%
promissory notes due 1957-1863—
Public Utilities
"Allied Gas Co. 414% 1st mtge, bonds due 1976,.
,
4.
—
Public Utilities"
"El Paso Natural Gas Co. 3%% 1st mtge. pipeline bonds due 1967—
Other Ind. & Mfg'ZI* Langendorf United Bakeries, Inc. 3V4%
promisory note due 1966
Public Utilities
"Texas Eastern Transmission Corp. 3'/e% 1st mtge. pipeline bonds due 1970—
Other Ind
& Mfg
*Trane Co. 314%
promissory note due 1952-1961

Add

Aug 1951

Add

Aug 1951

Deduct

Aug 1951

Add

Sep

1951

Add

Sep

1951

Add

Sep

1951

Add

Oct

1951

Add

Oct

1951

Add

Nov

1951

Add

Nov

1951

Add
Add
Add

Add

Nov
Nov

1951

1951

Nov

1951

Nov

1951

tlncluded in

Utilities
Ind

&

Other

June,

Ind!

1951,




&

—

Mfg

—

-

Mfg"*U

S.

compilation under

promissory note due 1952-1961
"Represents issues placed privately.

Vitamin Corp. Wo
bonds in error.,

(Continued on page 6)

$1,500,000

130,710,988
110,158,408

43,079,643
19,239,518

1,042,520,276

219,228,275

79,901,271

2,618,804,746

246,315,690

81,616,848

2,762,577.838

72,759,242

1941

1,080,868,131

2,319,675,200
2,434,645,300
1,962,249,000

1938—

2,042,783,395

78,560,510

19,150,284

1937

1,673,283,500
4,064,041,600

468,395,208

292,013,451

2,196,166,420
2,140,494.689
2,433,692,159

1936

161,158,178

91,000

609,000

100,00 0

4,631,945,681

2,116,597,775

285,840,364
123,650,746

282,063,717

1935

27,180,244

2,267,428,765

1934

2.000,000

456,493,400

3,198,450

31,402,899

491,094.449

—

5,000,000

Large Domestic Corporate Issues in 1951

350,000

352,750
2,365,000

Below

list the

we

3,635,000

in 1951

2,000,000

principal issues of securities placed

giving at the

same

1,325,000
4,000,000

3,000,000

$49,000,000 Commonwealth Edison

1,000,000

;

5,000.000

—

^

'

.

April

to

made

420,000

due

2,100,000

17,500,000

25,000,000
1

„

1,000,000

Jan.

Gas

1966.

Natural

&

Oil

Purpose,
Gas

(Continued

300,000

1,000,000

1,

Co.

Co.

for

4%

first

mortgage

In the
115,000

r.otes

acquisition

27/a%

first

of properties.
mortgage pipe line

on

page

6)

w-.——

7,000,000

625,000

Plains

—-

1,750.000

1,400,000

Purpose, refunding ($3,566,000)

reimburse treasury for capital expenditures already
repay bank loans, and for expansion program.

Soutivem

9,000,000

38,000,000

sinking fund debentures,
expansion program.

for

Light & Power Co. of Balti¬
mortgage sinking fund bonds,
se¬

sinking fund bonds, dated Dec, 1, 1950 and due Dee. 1,
1970.
Purpose, to repay bank loans and for new con¬
struction.

—

35,000.000

9,000.000

Purpose,

Electric

to

20,000,000 Hugoton

-600,000

435,000

Gas,

first
refuding
X, due Jan. 15, 1986.

ries
and

930.000

78,686,000

2001.

1,

more

32,500,000

25,000,000

1,250,000

due

25,000,000 Consolidated

20,000,000

3,000,000

27/B%

Co.

*

625,000

12,500,000

time the purpose of the issue:

JANUARY

175,000

July 1951

Add

Other

'

■

2,950,000

_

Add

'

101,223,891

913,122,350

*

_

1939—_

500,000

promissory note due 1952-1961

promissory notes due 1967

Inc. 37/a%, mtge. & collat. bonds due 1966,——

410,630,640

907,077,500

1942

1940——

$750,000

—

Corp. 314% promissory note due 1952-1966—-——
promissory notes due 1953-1961
————
Public Utilities.--—* Clifton Forge-Waynesboro Telephone Co. 3% 1st mtge. bds., .ser. B. due 1972
Other Ind. & Mfg.—"Harnischfeger Corp. 314%
promissory note due 1952-1966
Miscellaneous
—"Southwestern Investment Co. 4Va,%
serial debentures due 1961———
Other Ind. & Mfg.—* Clark Grave Vault Co. 334%
promissory note due 1951-1966
Other Ind. & Mfg.—"American-Marietta Co. 3%%
sinking fund note due 1966
Other Ind. & Mfg._:_« I-T-E Circuit Breaker Co. 314% promissory note due 1953-1966
Other Ind. & Mfg.„* I-T-E Circuit Breaker Co. 3%
promissory note due 1961———
Miscellaneous ——"North American Car Corp. 3%. & 314% promissory notes due 1963—
Other Ind. & Mfg.__* Amalgamated Sugar Co. 3% %
promissory notes due 1957-1966—
;
Other Ind. & Mfg._ "tAmerican Bosch Corp. 10,000 shares of 5% pfd. stock, series B (par $100)
Other Ind. & Mfg
"Langendorf United Bakeries, Inc. 314 % promissory note due 1966—:
Other Ind
& Mfg
"Masonite Corp. 3% promissory note due 1953-1963————————
Other Ind
& Mfg.—"Radio Corp. of America 3%
promissory notes due 1974—
—
Oil
"Sinclair Oil Corp. 3%
debentures due 1974

"Speed

Refunding

2,669,224,000

1943—

Long Term Bonds and Notes
Allocation of Proceeds

Month

6,548,398,316

669,826,626

1,268,428,380

_

1944

1951

496,667,468

846,281,257

4,570,411,800

1945

1950:

443,418,453

•4,801,809,634

—

1946

NOTE—The

Total

$982,946,087 $6,659,913,257
673,552,621
5,886,939.178
627,693,888
5,601,366,955

618,026,607
397,939,850

5,608,312,395

1947—

...

Stocks

$804,659,812

4,575,733,217

1948

t Revised.

Common

Stocks

$4,872,307,358
4,595,359,950

1950—_—
Twelve months

CANADIAN, CORPORATE ISSUES

Preferred

Notes

2,267,428,765
489,894,449

lowing

comprehensive tables

pages

we

compare

_

and the twelve months'

for the
years

year

on

the fol¬

the December

figures with those
corresponding periods in the four
preceding, thus affording a five-

comparison.

862.906 2.90.0 56,9540 93,819 4

1,057 814

45,21 0 10.461908 3,80,0

Refundi g 6,17845 ~ 4~207 0 3,103,54

69,7019

45,21 0 2,01.83 16,938 12

946,0381

9,40 95 3,80,0

$

Total

$

-1947

Capitl
Total

796,125 2,90,0 56,27540 90,71620

$

$

New

250, 0

Total

1,6827

$

1,04923

70,863

-1948 Refundi g 2,510, 0 ~56l7860 1,0 ,0

4,071,860

71,60 2,971,432 78,0329

Capit l

250, 0

Refundi g 2.510:60

2,510, 0

S

-1948

'•

'

Capit l 43,50 436,5 .40 17,0 0 32,570 10, 0 10, 0

125,94362 821,96035

69,0173

New

326,74.0 2,0 .0 38,4050 12,79586

$

Refundi g 10,4730
$

—194

479, 369

3.46l790 315,0

Total

5,8350 254,91 2 790,63791

630,741

"V;.

■

New

374,6957

'

Total

T

$

-

New

—53,712

176,90. 165,904316 87,40 93

797,364
Refundi g 96,7018 10,92870

108,39625

79,180 28,13045 215,68927

Total

$

25,70

67,59 0 130,5 0 10, 0 2,64,0 126~94r0 10, 0 4,50, 0 95,810 46,830

Refundi g 56,13 0 6,207,50 16,742 9

20,3 0 489,5012 1,750, 0 17,*68750 25,08763 64,50 38 1,50, 0 68,4210 1,90,0 5,296012

2,510, 0

1,561,860

5,849,540 65,02 37 43,50 485,1.375 0 ,0 42,601.85 10,3 0 10, 0 2740, 64,~79;540
17

10,2685

3,21,238

15,20 369 34,650 286.7 8 6.0 ,0 4,320, 0 79,314753 5,70 2,50 0 61,3028

315,0 0

695,140

3,7 6,790 4,50,0 95,204650

132, 128 12,67435

2,517098

15,23 84 8,497 . 67,59 0 152,930.8 10,4250 2,64,0 156,2795 30.259,61 4,50, 0 1 ,042.8

1,095,140

4,50, 0

30,15 0 19,074.128 6,0 0 4,320, 0 74,"86735 5,70 2,50 0 60,35098

147,2359

347, 0

10,79 364 1,72604 56,13 0 6,78,50 17,089 4

28,40 53

4,35,48 7,12371 1,48170 146, 238 10,4250 2,64,0 139,47 6 30,25961 4,50

82,638 45

:r*.-

Capitl 350.192,8 29,0769 48,07614

427,31652

New

Total

4 ,37850

674,5284 21,39 0 10,9850 295, 05

1,09346

GFCOOVREREPNIMGNATT,, — - Sbfatuonneyiddss
agenc«i.s&
Refundig 83,25 40

83,2540 6,20,0 10,9850 19,40 835 210,847235

$

—1951

$

New

$

10l75860 9,30586 5,0 ,0 24,319728

Capitl 361,2 0 10~,58760 9,30586
$

New

5,0 0 24,319728

591,3084 15,930 276,1925 82,6 09

SOUMFARY

CORPATE

ONGARENUFPWID

2,9.8 142,50 29,8625 20,5961

Capit l 1,48170 123,8450 10, 0 2,640 109~,45l7 f 10, 0 4,50, 0 78,20861

97,610 137,9127 62,71 96

$

Total

$

350,1928

Refundig 14~93;i0 14,3750 54,1 50

180, 0

83,25 40

Capitl 21,950 97,806 25,650 4,970 207,3150 1,0 0 1,250

6,290

36,12 0

$

CHAR TE

19 ,590
108,7 254 10,27650 63,4 .084 24,871234 17,64.12 25.183,74 21,950 21,08254 50,27650 4,97,0 324,90584 25,871234 1,42,590 24,13 2

21.950, 12,30 40, 0 4,97 0 261",4570 1,0 ,0 1,250 6,470 49,37850

$

-195

New

97406,0,3881653

4,071,860

1,56 80

134,987 12,98 35

581,0

17,60 139 96,7018

$

-1950

16,438610 8,58,35 lMowSi 31,5790 1,72,0 69,7019

2,80 8 142,50 30, 3925 20,5961

2,0 ,0 2,0 ,0

Capitl 30,150 58,420 6,0 0 4,320. 62,190 5,70 2,50 0 5,18.0

-

1,057.84

3,523,5 4

146,9 0

30 ,0 0

48, 975

"0~567i^2

10,4730

$

197,8 154 572,913

46,83.0 40. 79 48, 4978

$

-1950

40 ,0

v

25,70 2,0 0 34,92710 12,48069

2,0 ,0 2,0 ,0

34,650 15,280 6,0 0 4,320. 6,32570 5,70, 0 2,50,0 5,9180 326,74 0

$

FfBlRniDePtcCmoarvDutfvosIitFGrhSrpspmemkoahvdudcnngudifcr.pem.l,asy.l YODMTEFISCIVTAUHSNARBNHIRSEED
FYDOTMEFFILACIVANUHOARBRCESRPDMNGL
Capitl

$

$

4,50. 0 4,135,0
-194 Refundi g 92,4380

105,24970 •, t 5,8350 57,01 268 218,0 58

250, 0 250, 0

20,3 0 506,28.7 1,750, 0 17,68 50 23.867,598 64,50 38 12,653 4 10, 0 1,90765 57,018 2

5,849,540 6,58723 43,50 487.925,37 17,0 0 4,163718 10,3 0 10, 0 2,~40765 64,7 9540

1,561,860

2,"40 , 0 58,60

-vY:

Total

30 ,0 0
48, 975 1,58 718

150,24

41,68162 7,687,50 23,87598 49,50 38 1,90,0 2,348012

250, 0 250. 0

43,50. 439,07640 17,0 0 32.57,0 10, 0 10, 0 2,40 0 58,60 63,25140

$

630.741, 0 10,57640 54, 973

New

t

270, 0

3,103,5 4

1,250, 0 2,90,0

New

71,60 128,947 90,63427

$

1,650, 0

Capit l 20,3 0 47,921 0 1,750, 0 10, .0 19,47165 15,0 0 1,50, 0 68,4210 31,698.0 796,125
Total

41,8 162 7,687,50 23,87598 49,50 38 3,103,5 4 1.90,0 2,61802
150, 0

$

63,251.40 1,3750 5,4973
$

862.90,

8,0 ,0 31,5790 1,452,0 6 ,1784 5

Refundi g 167287610

-1947

1,250, 0 2,90 , 0

1,650, 0

20.3 0 46,2106 1,750, 0 io7 ,bo 208,3 0 15.0 ,0 9,5 0, 0 10, 0 3,150

$

180, 0

14.93,40 14,3750 54.1 ,50

649171305,050812,,637399162

462774,3,516258

83.25,40

19 ,590
108,7 254 10,27650 63,4 084 24,871234 17,6412 25,18374 21,950. 206.514,8 35,890 4,97,0 270, 984 25,871234 1,42590 23,954.12 591,3084

OFDECMBR bonnaojdtedss . stock stock bonanotdedss stoc-k stock bonanodtedss stock stock corpate.
foreign- BfInatenrka.io—l Governm forgeoveirgnmnt Ganvd, •Munciciptal—eStse,s,SPotaeins toal fdinignculuoordeets OFDECMBR NBooteasn—ndds -— utiles ecscottopear,ll,, manufces ori inmdanauufscnttrridg.l bueildtcn^gs, . htItnrorvaeuldstsminng,,Miscelanous BNooatensd-s : utiles cecsooptteall,,, manufctres oies inmdaaunsuntfrcdtlrig beuiltdcn.gs, hItntrovraeulsdtmsinng,,,M;iscelanous „— utiles eccsoottpeall,,, manufctres. oi- inmdaaunusfncttrridg.l bueiltdcn.gs, hIttnrrovaeulsddtsmiinnngg,,,Miscelanous utiles eccsootpteall,,, manufctres oie inmdaanuufsncttrridg-l : b;ueildtcn.gs;J htItnrorvaeulsddtmsiinnngg,,,Miscelanous cseocruprit.ate
MONTH

D—Corpate omestic- Long-term Short-em Pref red Com on Candi — Long-term t-erm Pref red Com on Other Long-term Short-em Pref red Com on




or

h
S

Total

Candian Loan
£

Other Farm

Grand

United

•These

MONTH

Long-Term Railroads Public Iron,Equipment Maotnords

etc. etc. etc. etc.
Total

Other Land, Rub er

Ship ing

Short-Tem Railroads Public Equipment Maotnords
Iron,

Total

Other Land,
Oil

Ship ing

Stocks- Railroads

Equipment and

Public Iron, Motors Other Land, Rub er
Oil

Ship ing

Total-

Railrods Public Iron, Equipment Maontodrs Other

Oil

Land, Rub er Ship ing

Total

Total

4,7058634 70,250 846,2157 659,1429 5,0,0 39765 25,0 0 170,"23749 250, 0 82,10 13,0 61,250 2,7.09812 5,80 0

$

269,50 2,617450 102,750 10,36250 34,50 0 904,75834 29,50 82,510 176,90 29,650

40 ,0

87675 ~ 6O~ 7O5 67925 70,250

5O,~7T 6IB 14,*76 5 28,36.40 562,8432 234,580274 6,30 54 3,90. 0 164,9867

Refundi g 29,80 0 870,312 85 28,0 0 376 765 125,76095 6,45,0 70,1 0 56,790 8,710,15

20 ,0

276 765

177 O772", 457601.5

4,83106,3 250, 0 82,10 30, 0 239,450 2,84 25 26,80 0

Capital 850, 0 364,265 075,0 136,250 50 ,0 0 989,8 4 805,0 510, 0 321,0

20 ,0

6,80 , 0 "*6 67 65 578*96",5 65,490

28376 ^83 14,7*6 56 28,36.40 514,863 234,580274 3,20,0 3,19 07 150,67 9

6,54839,16 150,6 7 6 1,062 76 2,861 7 6,150, 0

Total

850, 0

3,57 ,0 186,9 5

10,80
13397,52 14 ,584230 275075 235.987,45 149,07 2 10, 0 132,8910

Total

"

$

•

Refundi g 1,936 850 5,23 0 247,1 043 35,901 4,978,50

-1947

61,3,4187697550

$

Capit l 3,5069478 65,490 590,1642 623,5018
$

521,50

New

Total

$

5,2736840

" 39 *6 5 25,0 0 10,273497

7,42895 43,18453 495,862 8 21,0 0 "8057186

306, 0

65,897

284,37 14

$

Capit l 5,017 83 7,36098 43, 218 47,13820

21,0 "805,16 306,

4,5079321 7,940, 0 397, 850 62,418 37,0 -

Total

I I I I 80, 0 1,275,0

74

239

New

10, 31,

1,751

778, 292,

12

120,

20,91485

62,9560 2,61847,0 90,3 0 19,640 16,30 0 94,1 60 591,20 49,38 0 14,30 0 57,40 0 567,20

$

37657 5 5,235,0

2,817,0 7,428,9 5
65,897

65,897

Refundi g 48,7160 12,79832 6,50 0 28,047150 21,075 0 20,82 19 19,28 19
$

-1948

5,6013 ,95 10, 0 16,0 0 1,7620,5 2,907 86 32,0 0

297,016584,953,381390720541DfRBe^vIcanotlPisrpamrmuoutivcdnnkpits.leds.

3,1*03754

2

$

1567 6 294705", 0 2,60415829 5,70, 0

$

New

$

-1947

40 ,0
768,10 82,06358

6,2405,169

Refundi g 256,0751 9,07625 18,723468

-1948

83,0 0 421,7650 43,89187 29,0 0

708,930

3.900

29,80 1,08754962 28,0 0 3,o57o 175,62835 6,450 73,1.465 56.79,0 708,930 25,876123

14,3 08

596,516

1875*48761 8,65,20

269,50 3,1278.065 102,75.0 24,836250 62.86,40 1,47639157 53,80274 8.2465 17,50 655 45.28,67

1,528613,200378089347

239,850 2,035 1 74,05 0 24,836250 59,86 40 1,306 2 527,38 4 15,70 120,9 0 3,19 07 429,3754

940,8521

62,9560 3,016852 4 10,84230 19,640 18,50 1,8.6705 741,3805 49,38 0 14,30 57,40 10, 0 703,5610

27,9 73 48,7160 13,463 6,50,0 36,78247 21,075 0 20,82 19 19,853

10,80
12378,9 7 ,584230 27*5076 27,32 57 149,07 2 10, 0 132, 584 912,861 578,240 2,850768 95,384230 18,50 1,59081 720,39 15 29,316581 4.30, 0 57,40 0 10, 0 683,470 65
19,640

Capitl 578,240. 2,506741 83,0 19,640 16,30 0 921,06745 570,21 0 29,305781 14,30 0 57,40 0 548,31

850, 0

475, 80 2,14 526 98,370 10,790 4,30 698,2750 623,50 53,70 2,60,0 45,60 4367825^13

5,790, 0

Refundi g ■ 25,34.0 280,31 47 1,250, 0 2,0326 20,5 0 9,4170 30,2650

165,0

4 ,474

Capital 2 4,0 906,917 120,80 719,0 30 ,0 271,7 4 60 ,0 35 ,0 60C.0 60 ,0

5,625,0

2,105 26 7, 30,526

17,0 0
17,0 0 "*70* 5

241*250
159,720 17,420 756,13461 5,94153 251,87 34 63,159 10 1,78,270 29^3*51 13,9612

$

3,509,103 186,9 5

2,8170 7,36 ,098

New

Total

•"'$/

'

2,150, 0 7,940, 0

756,31295 24,5170 *"87 50 180,5 394 1,958740 175,0 7,620,850 54, 709
f

475, 80 2,86459 12,9 50 10,790 4,308,750 87,42539 625,0874 53,9450 2,60,0 45,60 0 7,620,850 487,5216
Z

,

1,0256378

DMEFTYF3MLWANOIUNIHOAVAN1CLRCRSPD.GL 15.,138670,29236 FYD3EMTINOFWVASITU1SHROCNALHSI.REED 14532,769,048378149,5,21671298630 6,134879265/.,041035741,95368726901327
Refundi g 38,57 3 209,47 30,5809 21,452 83

40,73 620 94,0 6 943,0657 104,28631 10,7 0

$

-194

/

Capit l 4,12564 7,30,526 367,4016 604,9 .05
New

Total

"t■. 30, 0

5
.

37,0

1

,

/":

3,0 ,0

10, 0 13,70 10,5 0 1,3857 0 3,482167,8 70,2 0

Refundi g 1,2564813 51,309 49,56985 7,802,4 8,0 ,0

-105

2,807415' 21,50 /

v,

"

4,29037,50 17,420 618,026 7 647,1031 127,54 0 23192t^90

$

6,0 ,0 16,0 0 23,1450

1,2750

/-

-194

209,47

762,750 298,50

49783 094

1,092, 9 51,90573 25,340 30,241 1,250 2,7659 20,34850 9,4170

.

40,5613

$

2

4,

1,51982,7048067423-945 CDtao§GnShomoveiecdrfunmrfi,ts.

450,

New

Total

10, 0 13,70 10,5 0 91,560 1 ,734261 1,895,0 2,706352
Fedral

$

1

'

$

97

10,

45,

44

676 603

1,843

492,35860 2,31762,0 2 ,68 750 13, 0 56,045720 35,76350 74,690 resY.b b 6,50 0 37,4920

*87756

175,0
706,94201 24,5170 179,3864 1,60.24 7,62085 53,4 780 973,6415 450,2 0 2,563 18 12,6 50 10,79.0 4,308750 85,69418 605,2 40 4,5280 2,60 0 45,60 7,62085 456.120,459

51,309 51,309 32,* 0 *240 6,82~L705

5,036,20 179,2470 36,91250 12,45 0 8,352406
-1950 Refundi g 153,9 04 78 ,2 6.387
$

31.40,73

267\270

241,250
492,358.60 3,097461 278,64528 13, 0 802,6 584 368,92460 76,4720 T,6~3870 95.43951 6 ,1362

1,29578

16^370",5l4 57, 92 153,904 820,5627 5,036,20 185,946 5 36,91250 12,7 70 158,03.20

the

Capitl 3,042 67 126, 10 568,092 639,5807 19,54 0 2~32,90
$

3,0 ,0

394,150 3,704 2 68.375,0

New

Total

$ 4,85376 8

6,021,0 804,569812 93, 193 7,50 , 0 47,3 4086 5,0 ,0 90~0 0 1,640, 8

150, 0 301,850 2,06 570 3,176 5 7 17,601 0

Capitl

8,346593 oagenfcy

New

any

Total

38,620 1,5293 61 217,650 13, 0 370^92510 268,5 0 62,450 176*385 6,50 285,139 4

17,0 0

37 ,0 ,8950 78 ,90 141,50 284,0 0 259,750 893,132 34 ,0 725.0 80 ,0 240, 0 543,576

$

2,50 . 0

2,

FGFOAOVRERENMIGNT, 64,5521399,760019264 122,,35760157894 frmounicpaltes NCOGORREPUFPWAITE 34,1'8356927,2649876
V.- V
'•

70 ,0
Refundi g 392,4762 123,0 13 9,2 50
•-

$

-195

CORPATE,

Capitl 4,6083.59
$
■
-

New

OF

SUM ARY

2,7 1,50

5,3210 681,2 679 924,0 73 7,50 , 0 4,652 86 5,0 ,0 9(h0 0 1,640, 8

39

326

37,10 0 92,6 05
1,597.0 6

2,102

225

35

*

2

1,541

131

102

-2.

353,

372,0
Refundi g 3,470 46,59240 18. 7,140 13,82065 6174987*67", 32,50 0 1,50 0 71,06290

Satneds

6,130 612 150, 0 264,7580 469715,0 3,089 57 17,60 10,57319 byobtained

!293,0 2,0569710 206,91.760 25,30875 2,84,0 1,36 92053 9,3 12 34,9720 102,750 2,80 0 740,0 28.40,67

*1,90 0

Capitl
New

ACHANRDTE

70 ,0

831.0 0 250. 0 1,0 ,0

1,40, 0 6,021,0 5,065, 0 80,1 729 14,083 1

$

4,73 659

241,250
38,620 2,701598 273,60985 13, 0 61,74139 32,0196 63,7450 rcasTo o 95,43.951 508, 9.42

241~25
108,39410 126. 1,0 723,8476 5,94153 245,03.629 63,15910 1,520. 29,043951 15,026148

60 .0

$

-1.95

17,0 0

70 ,0

10 .0

831,0 150, 0 1,0 .0

531,730
629,50 9 4,7581 1,732,58 2r509~41G 1 ,30 41

4 2,50 501,2 9 87 ,301 ,14.50 284,0 ,597 897,947 875,730 457.258 80 ,0 749,416

11,,2738860959

2

2,

39

331

2,913

339

,28617

36

2,171

226

104

466

24
,

3,607 0 4.82 0 82.3096 2,730,50 1.0 ,0 1,476053 135,9 83 3,470 80, 10 23,715.40 13,820.65 257,"l~3- 35, 0 372,0 '2,50 82,538953

1,40 5,3210 5,06 50 74,50 29 109,26 401

<

.

$

v

531,730
547.193 92,04315 1,732 58 217509,416 9,82698

1,6540 298,05 371 6 572,840 319567, 0 428,.0 9163874 562,193,60014

notes _— . notes notes.—_ . agencis&t., .— fiuncldse DE3MENCODNM1TBHRS NBootaensn-dds: utiles eccotpoarl,,:manufces orie. inmadanuunfsctrtdrilg beuiltdcn.gs, _— htortearludtcisn.g,, NBotoeasn—ds utiles eccotpo—arl,,manufces.- oriesinmdaanuunsftcrtdrilg beutilcd——..n--gs, — —.htortearlduticsng,, —. • : utile.s.— cecooptalr,,manufces orie inmdaaununsftrcdtrlig beuiltdcngs,:—.._I httroraeuldtsicn.g,,, — "*'••■-=/. — utiles cecooptalr,,manuft. acesori inmdaaunsunftrcdtlrig b'/euiltd_cngs,j-_—: htrtoearluddtsicng.,, _. secocrupritate
DE3ECNDM1BR
boanndds — stock stock boanndds stock stock foreign- boanndds stock stock corpa.te IBntearanioknl CGoavnernmdiatn forgeoveirgnmnt GLoaavndn, •Municpal—Stes,SPostaeeins toal dfignuoroest

D—CHMONT S orpate omestic- Long-term Short-em Pref red Com on Candi - Long-term Short-em Pref red Com on Other Long-term Short-em Pref red Com on
12




Grand

Total

§

Other Farm United

•These

12

Long-Term Railroads Public Irsoten,l, Equipment Maotnords Other

MeInvstmn iscelanous - Short-Tem Railroa.d—s Public Irsoten,l,Equipment Maontodrs Other
Total

Laud, Rub er

Oil

Land, Rub er

Ship ng Investmn

Miscelanous

Stacks— Railroads

ste l, Equipment and Ruber Investmn Miscelanous

Public Iron, Motors Other Land,

Total

Total—

Railrods ste l, Equipment and

Public Iron, Mot rs Other Land, Rub er Ship ng
Oil

Investmn Miscelanous

Total

6

The Commercial and Financial Chronicle

(1434)

(Continued from page 3)

1951

Allocation of Proceeds
of Issue—

Name

New

$50,000,000 Consolidated

Other Ind.

&

Mfg

Kainan

Add

May 1951

Other

&

Mfg.—J

Atlas

Add

May 1951

Other Ind,

& Mfg

Stevens

Add

Jun

Other

Ind.

&

Mfg.—®

American

&

Mfg,__®

Feb

1951

1951

Ind.

Add

Jun

1951

Other Ind.

Add

Jun

1951

Public Utilities——®

Aircraft

Powder

(J.

Bosch

Public Utilities——_

July 1951

Deduct

Nov

Other

1951

Ind.

&

Southeastern

Culver

Corp.

Beaunit

Mfg.—®

Gas

Co.

Mills, Inc.

195.000

(par $15)—

series

B

$1001—

500,000

Co.

19,434
of

pfd. stk.,

(par

shares of

stock

common

Edison

preferred stock
stock (par $5)—
of $5 cumulative preferred

of

Co.

795,431

stock

(no

15,000,000

Gas

,

New

,

Refunding

14,238,900

!

Add

Jan

1950

Add

Feb

1950

Add

Mar 1950

Add

Apr

Other Ind.

&

Other

1950

Ind.

Homasote Co. 5%

Mfg.—®

Miscellaneous

&

Mfg.—®

Deduct

Apr

1950
1950

Public Utilities

Add

Apr

1950

Miscellaneous

Add

May 1950

Add

May 1950

Land, Buildings,

May 1950

Miscellaneous

Jones

Iron, Steel, Coal, etc.®

Apr

Add

Weill

®

—

etc.®

Transmission

Add

Jun

1950

Other Ind.

&

Mfg.—®

Packard-Bell Co.

1950

Other Ind.

&

Mfg.—®

Sundstrand

1950

Other Ind.

&

Mfg.—®

Add

July 1950

Public Utilities
Public Utilities-

®

Add

July 1950

Other

Deduct

July 1950

Public Utilities

Add

Aug 1950

Other

Tung-Sol

Add

Ind.

&

Ind.

Mfg.—®

&

1950

®

Public Utilities
Other

Add

Oct

1950

Add

Oct

1950

Miscellaneous

Add.

Oct

1950

Nov

1950

Nov

1950

&

Nov

1950

Dec

1950

Add

Dec

1950

Miscellaneous

Add

Dec

1950

Public Utilities—

Public Utilities
Miscellaneous

-

Mobile
ABC

3(4%

due

1965

note

5%

1st mortgage bonds due

3%

debentures

®

1950

Public Utilities—

1950

Other Ind. & Mfg.—♦

Add

July 1950

Other Ind.

& Mfg—®

Glass Fibers,

Add

Aug 1950

Other Ind.

&

Mfg

Univis

Add

Sep

1950

Other Ind.

&

Mfg

Bymart, Inc.

Add

Oct

1950

Add

Oct

1950

Public Utilities—
Public Utilities

&

Mfg.—®

&

Mfg.—®

Add

Dec

1950

Other

&

Mfg.

Ind.

®
®

V

f

-

:

•.

.

,

.

)■;

,,

"

i

;

i

.

-

j';

■

633,333

366.667

150,000
1,462,739

Add

Nov

1950

Miscellaneous

Add

Nov

1950

Public Utilities—.

Add

Nov

1950

1,500,000

40,000,000

!. '

i

Add

Dec

Co.

25,000 shares of

13,900 shares

136,539 shares of

——_

stock

stock

(par $1)
50 cents)—,

860,000
,'

;

1950

1950

Other Ind.

&

138,700
600,000

Mfg

of

stock

common

Squibb (E. R.) & Sons 14,370 shares of

(par $1)
stock

common

1971.

Co.

Purpose,

20-year

3(4%
unsecured
expansion and working

for

Business

Machines

Corp. 3(4 % promissory
Purpose, for expansion and

notes,,

unsecured

($35,000,000), and
■

■■

Foods

Corp. 3%% debentures, due July 1, 1976.
to repay short-term borrowings and for working
v,\V
\
y

Purpose,
capital.

due

948,300

Electric

due

June

Illuminating Co. 3%%; first mortgage
1986.
Purpose, for new construction.

1,

Finance

1966.;

3%

promissory note
Purpose, for

'ov-:'',"Y

3 '/2%

Corp.

repay¬

general

years.

sinking

fund

debentures,

Purpose, to repay bank loans.

25,000,000 Peoples Gas Light & Coke Co. 3.%% first and refunding
mortgage bonds, series H, due June 1, 1981.
Purpose, to
;frepay bank loans and for working capital.
:

51,700

460,000

(par $1)

5.10%

V'1

100,000

j

Rubber

Credit Co.
10-year 3(4%
15. 1961.
Purpose, refunding
working capital ($5,000,000).

25,000,000 Household

100,000
406,245.-

j 414,000
( 46,000

—

shares

shares of

Purpose, to repay

•'

:june

&

25,000,000 Colgate-Palmolive-Peet Co.,
able
over
a
period of 20
corporate purposes. :

201,000

,

100,000

(par $100).

Commercial

bonds,

107,725

stock

common

.

.

237,500

(par

—

.'1 Dec 1950
Dec

common

common

and

Inc. 3(4% collateral trust deben¬
1963.
Purpose, for working capital.

1,

Tire

25,000,000 Cleveland

Dayton Power & Light Co. 15,476 shares of common stock (par $7).
SeaPak Corp. 100,000 shares of common stock
(par $1)
:
Albemaric Paper Mfg. Co. 10,000 shares of 5% second
pfd. stock (par $100)
Bymart Inc.— 4,140 shares of 5% cumulative preferred stock (par $100)
)

-

46,000
Add

of

common

expenditures

Oil Corp., 25-year sinking fund debentures,
due
1974.
Purpose (refunding $32,500,000 and for fidevelopment and exploration program, $12,500,000).

35,000,000 General

3,000,000

—1

540,000
..

(par $8).

expansion program.

due June

800.000

•••//•'• ]

1,

nancial

6,000,000

(par $1)
Chenango & Unadilla Telephone Co. 1,387 shs. of cl. B pfd. stk. (par $100)
Mobile Gas Service Co. 6,000 shares of 4.50% cum.
pfd. stock (par $100)—
Birmingham Fire Insurance Co. 10,000 shares of common stock (par $10)—

Other Ind. & Mfg.—_
Other Ind. & Mfg.—®
Other Ind. & Mfg.„®

Add

Lens

for

Sales,

Sept.

due

Nov.

,

19,000,000

.—

for

Trailer

Goodyear

45,000,000 Sinclair

1,037,261

,■• ■■■

1965

Purpose,

stock

common

capital

Co.

notes, to mature Dec. 1, 1971.
working capital.

2,000,000

;

and

50,000,000 International

950,000

750,000

'

1961).

1,

May

1,

May

capital.

2,250,000

__

.■■■

.

.

due

program.

400,000 shares of

for

preferred stock

due

notes,

103.666

247,000

Stocks
Inc.

1,

Inc.

Transmission

'

$100,000,000

1

Dec

Ind.

May

Purpose,

y

3,530~000

1,470,000

——:

Dec

Other

Other Ind.

10,000,000 Fruehauf

3,590,000

70,000,000
m

—

Add

1950
1950

mortgage

due

construction.

new

Gas

loans

tures

1,410,000

1,000,000

1962

Add

Dec
Dec

1,250,000

1,300,000

—

MidSoutn Gas Co. 35/«% 1st mortgage bonds due 1970—'
Owens-Corning Fiberglas Corp. 3% promissory note due 1975
Owens-Corning Fiberglas Corp. 3 (4 % promissory note due 1975
Plough, Inc. 15-year promissory notes due 1957-1964—
South Atlantic Gas Co. 31/2% 1st mortgage bonds, series A, due 1975
Umvis Lens Co. 4%
promissory note due 1953-1965

®

Add

bank

1,000,000

1970_

due

debentures

before

or

par).

cumulative

700,000

—

®

Add

500,000

1979—

3%%

3(4

notes

capital.

10,000,000 Tennessee

1,250,000

1960

3(4%

Corp.

first

2,545,500

800,000

1965—

(no

working

150,000

1st mortgage bonds due

promissory note due to

Service Co.

Gas

Vending Corp.

3%

3%%

Co.

promissory
for working capital.

Steel
(convertible
on

stock

1,054,500

——

promissory notes due

Purpose,

Corp.

Wheeling

Purpose, for

500,000

1965

debentures due

promissory note due 1951-1960
Erie Resistor Corp. 4% promissory note due 1951-1965
Tidewater Telephone Co. 3(4% 1st mortgage bonds, series C, due 1967
Carpenter Paper Co. 2.90% debentures due 1951-1965
Franklin Stores Corp. 3% promissory note due 1951-1962—
1.

®

—

Inc.

Fleming Co., Inc. 4%

®
,_®

Other Ind. & Mfg.—®
Other Ind. & Mfg.—®

Add

Industries

Eastern

Mfg.—®
—

Inc.

trust deed

3(4%

California Water & Telephone Co.

®

Public Utilities

Add

Ind.

Works,

Lamp

Co.

Stores

11,650,000 Sylvania Electric Products,

2,000,000

——

Mfg.—®

Sep

secured

Tool

i,6Yo,ooo

200,000

Alabama-Tennessee Natural Gas Co. 4% 1st mtge. bonds, series A, due 1969
Chenango & Unadilla Telephone Co. 3(4% 1st mtge. bonds, ser. B, due 1975
Interstate Bakeries Corp. 3(4% promissory notes due 1951-1970
Texas Illinois Natural Gas Pipeline Coi 314%
1st mtge. pipeline bds. due 1970
Hudson Pulp & Paper Coip. 3'/2% promissory note due 1952-1966—1

i

July 1950

4 '/a %

Machine

first

construction.

Purpose, for expansion

12,759,552 Ohio Edison Co. 436,224 shares of

40,000,000

20-year loan due $100,000 annually

& Co.

3!4%

Inc.
new

expansion program.

...

1,090,000

,—_

1st mortgage bonds, series B, due 1975—
Ltd. 4'4% notes due 1951-1970

Electric Power Co.,

_

®

Add

1965

for

200,000

Community Telephone Co. of Wisconsin 3(4 % 1st mortgage bonds clue 1965
10 East 40th St. Blclg., Inc. 3 ¥2% 1st jnorigage loan due 1965
United Stockyards Corp. 3%%
1st mtge. & coll. trust bds., ser. A); due 1964

®

Jun

.

Add

Add

(Raphael!

due

$427,000

725)000

1st mtge. bonds, ser. B, due 1972

promissory note

Laughlin Steel Corp. 3%

& New Brunswick

Jun

Add

Add

&

Maine

®

Public Utilities.

3(4%

Fedders-Quigan Corp.

$273,000

—

.

Clifton Forge-Waynesboro Telephone Co. 3%

®

Add

1st mortgage bonds due 1951-1965, inclusive
Lyon-Palace Corp. 5% sinking fund debentures due I960—.

Chanslor &

.**

Public Utilities

Allied
1971.

Allocation of Proceeds
of Issue—

Name

Classification

York,

and

Dairy Products Corp. 3(4% debentures due June
Purpose, for improvements and general corporate

1976.

20,000,000 Northeastern

950,000

par)

Long Term Bonds and Notes

Month

New

loans

20,000,000 Crown Zellerbach Corp. 3%
promissory notes due May 11,
1976.
Purpose, for new construction.

5,236,300

——

bank

repay

pipe line bonds due 1971.

1950

sinking fund*

purposes.

97,170

$100)

(par

to

30,000,000 National
1,

(par $2)

4%

common

10,000 shares

25-year

to finance plant expansion

Purpose,

refunding mortgage bonds, series G, due May 1, 1981.

Purpose,

30,000

shares of

52,363

3'4%

Co.

Gas

1976.

1,000,000

pfd. stock, 1951 ser. (par $100)
shares
of
$1.25
cumulative

and

3,678,640

750,000

shares

127,269

Monday, April 7, 1952

.

subsidiaries.

40,000,000 Consolidated

120,000

par)-

stock

$25)

(par

Sherwin-Williams

&

Mfg..-®
Investment Trust, etc.

July 1951

Add

Texas

Other Ind.

1951

Jun

Add

Co.

(no

$20)

(par

common

10,000 shares of 5%

Telephone

stock

common

stock

common

5,000 shares of $5.25 cumul.
States

preferred stock
Add

of

Inc. 90,540 shares of

Corp.

Dobeckmun Co.
Southwestern

shares

6,000

of

•

Corp. 20,000 shares of class A

Co.

P.) & Co.,

Natural

debentures due

Refunding

Stocks
Add

.

MAY

Classification

Month

.

24,000,000 Algonquin Gas Transmission Co. 3%%
first
mortgage
."M-pipeline bonds, due July 1, 197lv Purpose, for new con-

531,690

♦Represents issues placed privately.

YY,

./vi ..,,V

struction.

-

20,000,000 Georgia Power Co. 3(4%
1981.

(Continued from page 3)
FEBRUARY

$75,000,000 Kaiser
bonds

Aluminum

due

1976.

60,000.000 Consolidated

&

APRIL

$88,752,900

i,

Corp.

3%%

Purpose, for expansion

Edison

Co.

of

first mortgage

refunding

program.

Feb.

for

1,

expansion

P.)

Co.,

and

1951

annual

&

due

sinking fund
Purpose,
for

1953.

capital.

44,006,422

due

30,000,000

>

promissory notes dated
1, 1976 with benefit of an
$1,200,000 commencing Sept. 1,
and

program

2.80%

first

be retired
by annual sinking
Purpose, for expansion program.

ments).

15,000,000 Carolina

1,

&

Light

27/a%

Co.

first

March

mortgage

20,000,000

bonds,

1, ,1951.

due

and

March

1,

1976.

General

Y.V-'YS' '■
vertible

MARCH
&

(no

Co,

of

new

12-year 3%%

.

27,500,000

g '^5;000'000)

20,000,000

and

fnfrC°tinS!eclnCorp'
working

for

new

per

due

of

15,000,000 LorUiard

Purpose,

Purpose, to

repay

(P

)

c°

3%

25-year

common

bank loans.

due

March

and t0

2K e3uipment tfust
and due
'

lv

redu<*

semi-annually from Oct. 1,
Purpose, for new equip-

inclusive-

c«;> Inc- 3 % % promissory notes
'°r CXpanslon and

due

t

10,000,000 Virginia

Electric

&

Power

coTsS^on5"1"'^




due

Co.

of

and
of

promissory

notes

due

to

100 000

shares

of

$4 ->0

purpose. for'Jew

&

common

300,000

Co.,

used

Co.

to

and

due

shares

810,320

of

stock

common

(par

Co.

2%%

15,

June

July

11,375,000

_

.

•

<

1,

1952

10,500,000

Distillers

$100).

shares

shares

of

common

4.20%

of

stock

series

(par

$100).

bank

repay

cumulative

Purpose,

loans

and

for

3 (4'%

promissory notes,
Purpose, to repay bank loans and for

Service

1981.

1,

1966,

Co.,

1971.

Corp.

3%%

Co.

Purpose,

first

to

bonds,
short-term
bor¬

mortgage

repay

due

Purpose, for

sinking fund debentures due
refunding
($3,587,485)
and
for

3(4%

Co.

annually

new

1981,

Coi. 1,000,000

Purpose,
sidiaries.

to

purchase

i

.

for

new

common
common

>

'

1,

trust

1952

to

certificates,

1966,

inclusive.

equipment.

10,000,000 Delhi Oil Corp. secured note, due May 15, 1963.
Purpose,
to repay bank loans and for
development of oil and gas
■properties,

inclusive.

'

"

first mortgage bonds,

and

additional

<

equipment

July

1

*

Purpose.;, to

shares of

($7,412,515).

purposes

Pacific

FF,

3(4%

Inc.

Purpose,

corporate

Southern
series

certificates,

trust

to

V

advances

Southern

,

cumu¬

capital.

Oil Co.

convertible

1966.

Shoe

1,

general

i,

equipment

April

1,

and

stock

common

capital.

Electric

11,000,000 Brown

program.

'

equipment.

March

notes

of

working

and

purchase

120,000

stock,

Tilford

June

due

program.

shares

150,000 shares of 4%
preferred
stock
(par

Inc.

second

Associated

Tea

working

11,500,000 Texas

160,000 shares of
$100).
Purpose,

15-year sinking fund debentures, due
Purpose, to repay bank loans, the proceeds

Water

&

loans

334%

were

preference

11,950,000 Park

mortgage

bank

(par

expansion

refunding ($2,383,750) and to
working capital ($9,616,250).

ad¬

first

repay

Co.

stock

for

plant expansion

1966.

12,000,000 National

stock

for

for

which

Tide

Regulator

Sons

&

(Chas.)

1,

to

'Y'

and

JULY

B,

1,

mortgage

rowings.

annually

new

$60,000,000

repay
bank
construction.

stock

of

Corp.

3(4%

<

bonds
,

;

due

gram

of

unsecured

notes

(for expansion and working

Purpose

50,000,000 United Gas Corp. 354%

sub.

Chemical

1977.

$5).

(par

stock

.

Dow

"

due July
capital).

1,

first mortgage and collateral trust

July 1, 1971.
Purpose (for construction proUnited Gas, System, and for other corporate

purposes).
due

in

^

Graphite

1971.

10,000,000 Endicott

Bronze

3V\%

Co,

Purpose, for expansion

promissory

notes

30,000,000 Beneficial

program.'

1962.

Johnson

10,000,000 Monongahela Power
l,

1981.
provements.

3%%

first

for

Co.

property

Purpose,

mortgage

bonds,
additions and

Loan

Purpose

Corp.

3(4 %

promissory notes due Aug.

(to reduce short-term

30,000,000 Jones

&

Laughlin

series

Corp. 2.90%
15-year promissory notes
to April 1,
1966.
Purpose, to fund short-term bor¬
rowings and. increase working capital.

B,

due June 15, 1975.

Steel

Corp.

first

1,

loans).

3% bonds,
(for expansion pro-

mortgage

Purpose

gram).
25,000,000 Smith (A.

due

O.)

Corp.

15-year 334%

repayable beginning in 1953.

im¬

000

and

to

bank

repay

promissory notes to be
Purpose (refunding of $6,000,-

loans

and

for

working

capital

$19,000,000).

10,000,000 Potomac

Edison

Co.

3%%

first

mortgage and collateral
trust
bonds, due
April
1,
1981.
Purpose,
for property
additions
and
improvements by company
and its sub¬

sidiaries.

)

,

23,381,400 New England Telephone & Telegraph Co. 233,814 shares of
capital stock (par $100).
Purpose (to reduce temporary
borrowings from American Telephone & Telegraph
Co.,

.

Service

bonds, series C,

2'17<

20-year

common

shares

339,674

program.

Pacific

EE,

10,000,000 Public

expatlin a9„7d1woPSro'«S"dlnS ($3'2°0000» and Ior
;

Co.

expansion

series

April

certificates

Srpo'raltmpS; Pl"P°Se'
i

of

334%

Co.

Purpose,

preference

convertible

June

due

debentures

loaM^BOWO)^ ($6'195'450>

M?r',rh' S0S,C"^ Inc-

Edison

10,000,000 Cleveland

10,000,000

10,000,000

Co.

first

Purpose, for expansion program.

Power

1981.

loans

R.)

12,000,000 Mission Corp.

expansion

Purpose, to invest in equity securities
subsidiaries in order to
finance
system's

12,000,000 Worcester. County Electric Co. 314%

"*

dated4

te°l966PaPnd

of

loans

Purpose, to finance expansion

for

series

of
value

par—stated

shares of

bank

1971.

Purpose, for expansion program.

Purpose,

due

Electric

&

Line Corp. 550,000 shares
(no
refunding.

•

.

3%%

Corp.

shares

3(4%

Corp.

construction.

bank

<E.

lative
'

program.

Purpose, for

Prosram and

ment
.

for

Purpose,

1,

convertible

(par $1).

r

„

.

first mortgage sinking

Transportation

Electric
June

new

repay

15,000,000 Pfizer

$10).

operating

loans

'in £tecI Corp- i.OOO.OOO

$10).

Gas

12,000,000 Southern

stock

-

10,740,000

1966.

-

15,000,000 Thompson Products, Inc. 3VI»% 20-year sinking fund de¬
bentures, due April l, 1971., Purpose; to repay bank loans

($34,700,000).

common

capitalf' l° fi"anCe expansion

sinking

25-year

subsidiaries.

to

(par

$20).

mortgage bonds due
($5,300,000)
and
to

shares

;

15,000,000 Columbia Broadcasting System, Inc. 20-year 3V&% promis¬
sory notes.
Purpose, for general corporate purposes.
•;

Purpose,

5,®"'cj'c'aI In1d0,isctriall Loan Corp- 27/s% promissory notes
working'capitah
Purpose' to repay bank loans and for
bank

due

Corp. 369,643
Purpose,
to
repay

par).

and

!Ve Preferred stock
share).

(pai

1971.

construction

819,737

«9^SC^?^'niCn^al Gas*Pipe

Sh?
stock

B,

Lighting

16,247,344 Detroit

debentures, due 1981.
Purpose,
and to repay bank loans and for

Can Co* 2% %
debentures,
plant expansion and
equipment.

$50

25,250,000

3V2%

America

for

15,375,000 Squibb

/-/'i';.

a

con¬

19, 1963.
Purpose, to pay
additional telephone facilities,

and

AnrfiUn?erinfi°^e« Co< 3 1/8 $> first
r,P
I' l^loansPurpose, refunding
oanK
foi

series

construction

Co.

30-year 27/8%

repay

33,609,217

debentures

($6,179,375).

vances

working capital ($35,000,000).

40,000,000

fund

loans.;'^
3.20%

Corp.

due

3.75%
to

sinking

bank

fund

3%- promissory notes, due May

Transmission

16,000,000 Minneapolis-Honeywell

.

17,747,967 American

■'

Telegraph

debentures due March

construction of

wnJiM
for

of

Co.

American

19,221,436 Pacific

stock

40,000,000

Steel

bonds,

capital

Purpose,
'

$415,414,000 American Telephone

•'-and

promissory notes dated April 30, 1951 and due April 30,
1971.
Purpose, refunding ($13,820,625) and for working

England Power Co. 27/s% first
mortgage bonds, series
D. due Feb. l, 1981. Purpose, to repay bank loans and
for expansion
program. -

lor

3V4%

Chemical

&

bonds,

construction.

new

sinking
1,

June

(working capital).

Eastern

17,000,000 Appalachian

program.

reduce

to

Purpose

America

pipeline bonds, due 1970.

common

promissory notes due March 1,.

Co.

&

Purpose,

of

debentures, dated March 15, 1951 and due March 15,
Purpose, for expansion program,
^

fund

New

60,000,000 Borden

for

expansion

Clayton

1974.

'

of

Co. 3(4%
and due

,

shares

construction.

new

■

Corp.

(

.

Line

Pipe
June

1, 1951
new construction.

Radio

20,000,000 Texas

program.

1981.

refunding.

V

1,419,562

*"•'

first and refunding mortgage bonds,

Purpose,

for

Machinery

22,500,000 Crucible

Purpose, for construction program.
12,728,000 Connecting Ry. Co. 3(4% first
mortgage bonds, series A,

12,000,000

Purpose,
1971.

fund

pay¬

Co.»

20,000,000

dated

for

Purpose,

:

-

«

.

Eastern

debentures,

($41,008,-

first mortgage bonds, due June 1,
construction program and to repay

for

loans.

20,000,000 Panhandle

convertible deben1,' I960, inclusive,

improvements.

Purpose, for

1981.

fund

to March

1954

cumu¬

Purpose,

;

^

Power

Feb.

dated

1970.

25,000,000 Food

bonds

fund

Electric

&

1,

sinking

1,

and

Burlington Mills Corp. 3%

due

working

mortgage

Gas

25,000,000 Anderson,

234%

Co.

March

(par $25).

April

1976.

Storage

(par $100).
capital additions

and

3%

Corp.

35,000,000 Duke Power Co. 3'/4%

Mar

expansion

Pacific
stock

;v;

13,000,000 Michigan Gas
due 1971,
(to

due

Inc.

Steel

p.-',Purpose, for additions

.

program.

of

4V2%

of

stock

,

tures to mature

V

treas¬

35,000,000 Tennessee
Gas
Transmission
Co.
3(4%
first
mortgage
pipeline bonds, due Feb. 1, 1971.
Purpose, to repay bank
(j.

shares

887,529

preferred

($47,744,800)

60,000,000 Republic

California Edison Co. 27/b% first and
refunding
mortgage bonds, series C, due Feb. 15, 1976.
Purpose, to
repay back loans and for expansion
program.

and

America

100).

York, Inc. 3% first and
series F, due Feb. 1,
1981.

35,000,000 Southern

loans

of

convertible

New

refunding mortgage bonds,
Purpose, to repay bank loans and to reimburse the
ury for capital expenditures.

30,000,000 Stevens

Celanese Corp.
lative

Chemical

Purpose,

bank

Co.

of

parent,

Oklahoma

due April

1,

1981.

3'/a%

first

mortgage

$10).

program.

10,000,000 United Air Lines,
due

Feb. 1,

10,000,000 United

to

15,000,000

Inc.

15-year 3J/2% debentures, series B.
Purpose, to purchase additional aircraft

Paramount

Purpose,
arrange

1967.

retire

company's

Theatres,

bank
assets.

Inc.

loans

3f2%

and

to

notes,

acquire

due

1971.

and

re¬

and

18,643,275 United

Purpose, .for expansion

Gas

for general corporate purposes).
Corp.

Purpose

Ralston

Purina

June

1,

1971.

other

corporate

14,652,495 Pfizer
stock

(Chas.)

(par $1).

ing capital).

1,065,330

shares of

common

stock

(par

(for expansion program).
Co.

3(4%

Purpose

(to

sinking
finance

fund

debentures

inventories

and

due
for

purposes).

&

Co.,

Purpose

Inc. 444,015
shares of common
(for plant expansion and work¬

Volume 175

14,000,000

Number 5105

Florida

Corp.

Power

1,

3%%

(to

1981.
Purpose
additions).

24,994,200 Public Service Electric & Gas Co. 249,942 shares of 4.70%
cumulative preferred
stock, par $100.
Purpose (for re¬

first mortgage bonds due July
bank loans and^ for capital

repay
•

.)■;

•

$4,760,000

funding

Following is

American

10,000,000 Avco

England

New

capital stock

Telephone

Telephone

&

Co.

shares

400,000

1,

10,000,000

Colonial

3%

Stores, Inc.
1952-1971, inclusive.

for

working

10,000,000 Mack

promissory note due April 1,
(refunding $6,035,000 and

■

due Oct.

•

;

.

Purpose

(to

4%

Corp.

retire

1,

Purpose
secured

June

due

note

10,000,000 Minnesota

Power

10,000,000 Texas

3%%

Light Co.

&

due July 1, 1981.

;

first mortgage bonds

cumulative

Corp. 100,000
stock (par $100).

preferred

shares

(for

Purpose

no

5.40%

of

ex¬

$50,000,000 National Distillers

Products

cumulative

preferred

convertible
loans

prior

and

for

shares of 4(4%

Corp. 500,000

35,000,000 Sinclair Pipe

Line

tures due Aug.

-30,000,000

Southern

series

1961).

of

Purpose

Edison

series

and

■.

due

.

-

$100—

(par

(to

capital).

fund

1981.

deben¬

due

1976.

first

and

(for

Purpose

25,000,000 Detroit Edison Co. 314%

promissory notes due Aug. 1, 1952
Purpose (new construction).

inclusive.

1959

dated

1951,
construction).

new

Aug.

and

1,

due

1976.

Purpose

Transmission

pipeline bonds due
tion

Sept.

1,

314%

Co.

1971.

first
(for

Purpose

25,000,000 Commercial

10,000,000

Sept. 1, 1972.

Power

Florida
due Nov.

Corp.

1,

314%

Co.

1971.

ment

and

loans

for

12,000,000 Clark Equipment Co. 3%%
1966.
tal

334%

Inc.

(refunding

Purpose

of bank

due

bonds

Sept.

notes,

for

and

$6,400,000).

I

repay¬

<

1

000,000

'"

,

Ohio Electric Co.

Southern

314%

.y

due

Sept.

'

loans

and

for

Purpose J to

1, 1981.
construction).

new

DECEMBER

V

tive

convertible

funding

.

preferred

and

$6,175,000

stock

for

(par

$1.25 cumula-

of

$25).

Purpose

construction

new

to

ness
■

.

'

(re-

series

capital

for

;

Sept.

Arden

1,

I

10,125,000 Natural Gas
(par $5).
and for

Nov.

ex-

Argus

Corp.

debentuers

-

21 ,401,021

of

!-'

20 ,000,000

;

1976.

1,

Purpose

fund
bank

sinking

20-year
(to

repay

Gas

finance

construction

Co.,

&

vertible

shares of 5%
$25.
Purpose

Electric Co. 1,500,000
preferred stock of par

&

first

20

000,000

18 000,000

second

program).

Oct.

Pulp

1971.

1.

Paper

&

Purpose

15,000,000 Continental
1976.

debentures

12

000,000

Idaho

due

(for

first

bonds

mortgage

construction

and

program

Oct.

due
to

repay

1971.

15,000,000

Dec.

of

Purpose

Warren

Petroleum

due

1,

Oct.

(for

(convertible

1966

first mortgage
construction).

new

314%

Corp.

purchase note

(to

314%

Colorado

subordinate

through Oct. 1,

of Devonian

repay

Co.

May

10 226,500

Granite

10

in

temporary advances

to

them for redemption

preferred

Fuel

Purpose

Iron

Dec.

Inc.
250,000
shares of
(for expansion program).

Stcres,

4% %

Corp.

15-year convertible
(for
expansion

Purpose

1966,

1,

vo'iie.

shares

(for

capital

Purpose

of

additions

of

stock

common

and

no

working

par

10 000,000

stock

(no

par).

542,484

Co.

Purpose

sharees

finance

(to

of

bonds

due

Oct.

Power

&

1981.

1,

Purpose (for

11,167,600 Marine Midland Corp. 223,352
preferred
ments

stock

and

10,000,000 Associated

$50)..

Telephone

bonds,

gage
repay

(par

for general

bank

series
loans

mortgage

construction).

new

(to

Co.,

Ltd.

due
for

(Calif.)

1,

Oct.

new

cumulative
Invest-

increase

3%%

first

1981.

mort-

Purpose

(to

construction).

NOVEMBER

;

lative

convertible

preferred-stock

$25).

(par

cumu-

Purpose

bonds,

series

K,

due

tures,
and

Nov.

15,

25,000,000 Sylvania

Nov.

new

&

15,

Telegraph
1981.

Electric

and

Purpose

(for

Co.

314%
(to

1,

Inc.
1971.

3.75%

(to

repay

bank

year

This is the second

1951.

any year

38.76%

with 40.95%

those

of

so

all

corporate financing and

ers,

30-year

repay

deben¬

bank

loans

our

20-year

sinking

Purpose (for expansion

compares

placed in 1950.

Co.

'

Water

first
(August).
due

debentures

4%

Co.

it might

sales,

March

of

New

series A

1976,

1,

3(4%

Co.

issues not

be

well

to

explain,

comprise

a

publicly offered but sold di¬

relatively few large purchas¬

ordinarily insurance companies and banks.
is

made

detailed

,iV

between

compilation

private
of

the

and

public

capital
any

No dis¬
issues in

flotations.

It

misunderstand¬

ing of the figures, that the compilation is only of security
issues and does not include bank loans.

(Sep-,

$4,5C0,000

1971,

Jersey 1,750 shares of 4.60%
(par $100), $175,000 (April).

(April),,

$725,000

promissory note due

1971,

15,

June

$5,000,000

serial notes due April 1,

1970,,

(July).
Corp.

3(4%

15-year

promissory note due

(January).

1966, $2,000,000

1,

1901,,

1,

promissory notes due Sept.

3%%

Corp.

Uxbridge Worsted

Bachmann

Feb.
Baxter

4%

Laboratories, Inc.
1966, $1,600,000 (July).

promissory

15-year

shares
par), $950,000 (November).
Mills,

(no

Belding

Real

Inc.

10,000

Estate

Corp.

(June).

Beneficial

$30,000,000

Sivalls

promissory

2%%

Corp.

stock

1964,

in

.

due Jan.

notes

1,

(March).
notes

promissory

3(4%

Corp,

due

ID62„.

1,

Aug.

(July).

Bigelow-Sanford
Black,

due

.

Loan

Industrial

Loan

bond

mortgage

first

$1,000,000,

preferred

cumulative

$5

.

$20,000,000

1966,

3(4%

of

1»

June

due

note

Milling Co. 12-year 4(4% promissory note due 1963,
(July).
-^
;v,>

Beaunit

;

(April).

$10,000,000

<

.

first mortgage bonds,,

'

Manufacturing

Carpet Co.,
(September).
&

Bryson,

3%%

Inc.

notes

promissory

'

Inc.

4%

17-year

notes

1971,

due
1

•

.

/

1968, $2,000,000

due

(August).
Blauner's

3(4%

promissory notes due May 1,

1966, $1,500,000 (May).

$300,000,

first mortgage bonds, series A, due 1970,

(March).

Borden

Co.

4(4 %

10-year promissory notes

due April 1,

joint and
(October).

Dry Goods Co. and White House
several promissory note due Oct.

of

Columbia

Electric

shares of

225,000
Co.,

Ltd.

in annual instal¬

stock (par $1), $95,000
■>

,

:v;'

•.

1

stock (no par),

common

3%% first mortgage bonds, series
1, 1976, $5,000,000 (December).

dated Dec. lfc 1951 and due Dec.

Broadway

Brown

Department

Paper

Mill

Co.,

Inc.

(par

3(4 %

promissory notes

due in

1966 and

(Maich).

Pulp & Paper Co, 4%

(December).

Budget

shares of $1.15 cumulativa
(April).

100,000

Inc.

Store,

(par $25), $2,500,000

$10,000,000

Brunswick

promissory note due 1970, $2,011,000

,

Inc. 50,000 shares of convertible
$10), $500,000 (May).
Finance Plan,

Budget Finance Plan,
000

•

..

Co. 4(4% 12-year note (payable
$50,000 each), $750,000 (January).

Petroleums, Ltd.
$1,012,500 (November).

British

*

Dry Goods Co. 4%
1,
1966, $1,000,000

(Milton)

ments

1861, $450,000

:

Store

Bradley

1974,

securities

trust

collateral

and
,

of New Jersey 3(4%

Water Co.

preferred stock

_

due

series A, rlue;

bonds,

4(4%

15-year

$6,000,000

Britalta

to

v

due May J.,.

debentures

4%

(August).

Inc.
1966,

l,

mortgage

Brager-Eisenberg, Inc. 5,000 shares of common
(February).
;;
: V■/; C

since we started
compiling these figures separately in 1937. The 1951
total of issues placed through the private route amount'
ed

;

bonds, series A,

(May).

ought also to be made clear to avoid

Products,

working capital).




during the

placements of this nature in

tinction

Purpose

sinking fund

first

largest in total amount and in number of issues involved

new

,

construction).

fund debentures, due Nov.
program

refunding mortgage

1976.

,

Telephone
due

for

and

general

construction).

30,000,000 Pacific

sold

rectly by negotiation to

40,000,000 Detroit Edison Co. 3^8%

Purpose

of security

(for

pansion program),
-

were

Private

$42,912,500 Commonwealth Edison Co. 1,716,500 shares of $1.32
•

134

5%

Co.

preferred stock,

due

$1,950,000

G,

10,000,000 Squibb (E. R.) & Sons 314% promissory notes due Oct. 15,
1970.
Purpose (for capital improvements and additions).
-

$100.

working capital).

issues placed privately shows
that 474 issues of this character, aggregating $2,581,399,record

Gas

in

shares of 414%

Purpose

par

cumu¬

Private Sales of Securities in the Year 1951

construction

first

corporate purposes).

G,

and

314%

Co.

for

shares of 5V2%

100,000

1971„,

(April).

Co.

Gas

$1,800,000

County

A,

Boston

Our

Lighting

and

Co.

rom-

program).

11,525,000 Houston

t

Natural Gas
preferred stock,

loans

light

\

;

first mortgage

3(4%

Works Co.

Bluefield Gas Co. 4%

Paso

iative

cap¬

ital).

13,019,616 Pennsylvania Power &
man

El

,

July 1,

bonds due

fund

sinking

mortgage

$1,—,

1971,

mortgage bonds due

first

.

Light

Powder

Avco

.

350,000

37/a%

Co.

Gas

Aug.

$14,000,000

&

due

'

County

Beneficial

102,265 shares of 5%% cumulative
stock, par $100.
Purpose (for ex¬

031,250 Federated
Department
common stock, par $5.

debentures

Jan.

Transport,

$250,000

program).

000,000 Colorado

notes, $500,000 (September).

Little Rock, Ark. 3%, 3*4%, 31/2%
and
serial notes, dated Oct. 1, 1950 and due semi¬
1,
1952 to July 1,
1985, inclusive, $500,000

Automatic Canteen Co. of America 4(4%
i.

ex¬

working capital).

and

y

first

1971,

Gas

series
Atlas

etc.).

loans,

City Steel Co.

pansion

debentures

(for

685,100 Abbott Laboratories 106,851 shares of 4% cumulative con¬
vertible preferred stock, par $100).
Purpose (for capital

expenditures

10

cumulative

Purpose

240,000 shares of 4.75%
con¬
par
$50.
Purpose
(to make
common
stock equities of sub¬

Corp.
stock,

investments

bank

their

t

(par $25),,

stock

of preferred

Beacon

preferred

197J.,

due

tember).

.

program).
Co.

1, 1967, $5,000,000

debentures

direct obligation notes,

one-year

shades

10,000

10-year mortgage

Natural

cumulative

cumu-

33/a%
general mortgage
Purpose, to pay bank loans and

4.40%

fund

(May).

due

Atlanta

loans

*

Oil

1971,' $7,500,000

due

Hospital,

Natural

1,

bonds,

Corp.

1981.

1,

Telephone

in
10

capital).

14,787,500 Lion

1966,

,,

(June).

program).

and

bonds

1961).
Pur¬
for working

and

1,

May

,

sinking

27/8%

Iowa,

1976, $2,450,000

Associated

Atlantic

1951 series of nar
and for capital

stock,
bank

Alkali Co. 120,000 shares of
preferred stock, par $100.

convertible

Service Co.
due Oct. 1, 1981.

$20,000,000

due Oct.

$525,000 (August).

1966,

construction).

additional

Fuel

Public

pose

due

new

pansion

struction).

15,000,000

r

1„
(No¬

due

note

20-year notes

3(4%

Co.

Inc.

Water

1,

Associated

due May 1,

shares of 4.25%

180,000

Corp.

Power

vertible

1,

Supply Co. 314% debentures due Oct. 1,
Purpose (to repay bank loans and for new con¬

Mountain

and

1958

1,

notes

promissory notes due Aug.

3%

(Ariz.)

3%

$5,700,000

Associated

shares of common
bank loans and for

and working capital).

General

12 ,000,000

loans).

bank

15,000,000

314%

Co.

Purpose

,;

,

3(4%

Ltd.

mortgage

Co.

Atlantic.

preferred
to

Mohawk

sidiaries

Power

1981.

Purpose,

Diamond

Oct. 15,
working

314% debentures due
capital improvements and

(for

Purpose

314%

Co.

capital expenditures).

(for

(to reduce

convertible

Inc.

Co.,

Can

Sept.

(July).

Ashtabula

,

convertible

Niagara
for

capital).
15,000.000

v

Electric & Power Co. 3%% first and refunding
bonds, series I, due Dec. 1, 1981.
Purpose (for

expenditures
15 .000,000

con¬

(for

in

fund

sinking
,

Dubuque,

Co.

Baptist

350,000

due

debentures

?

of

Mathieson Chemical

lative

,

bonds

inc. 244,500 sharer, of $4 cumulative
preferred stock (no par).
Purpose

Virginia

West

47/a%

-

construction).

$100.

expansion program and working capital).
20,000,000

Co.

America 3% promissory notes
Purpose (for working capital).

Virginia

re¬

(to

due

3%%
1952),

15-year

beginning

.

&

annually from
(February).
"

Armour

1,501,826

Inc.

System,

Gas

Corp.

Radio
1974.

...

25,428,000 Merck

Transmission

no par.
Purpose
construction!.

new

314%

Illinois

of

3%%

-..

Co.

Arkansas Western

and for new construction

Purpose (to repay bank loans).

1971.

1,

mortgage

America

Oct.

due

deemable

1,

stock,

I

37,500,000 Pacific

1971.

1,

Dec.

construction

new

Gas

Columbia
new

for expansion).

loans and

Dec.

due

Niagara Mohawk Power Corp. 1,000,000 shares of common
stock, no par.
Purpose (to repay bank loans).

OCTOBER

$50,000,000 Celanese

bonds

fund

24 ,250,000

Purpose

Inc. 3%% 20-year unsecured notes, due
1971.
Purpose (to pay short-term loans and to increase
working capital).
-

i

(March).

$40,000,000

1971,

due

(September).

first

3%%

•

-

exploratory, drilling and other operations).

10,000,000 Congoleum-Nairn,

Co.

Co.,

Cameras,

Arkansas

Imperial Oil Ltd. 824,384 shares of capital stock of no
par).
Purpose (for capital improvements and working
capital).
-.
^
"
•
•'1"
*

1951

Oil Corp. 900,000 shares of common stock
(for acquisition of additional properties

&

debentures

(March).

$300,000

and

Co.- 3%%
first mortgage bonds,
1976.
Purpose (refunding $14,493,$10,506,000).

Lighting

due
for

D,

and'

25 000,000 Tennessee

ment).

^

'

(April).

of

Farms

March

inclusive.

1966,

to

series B

preferred stock,

5%

of

shares

(June).

;

$25,000,000

pro¬

first mortgage

44%

Corp.

& Iron
trust
sinking

Fuel

Island

Long
400

equipment trust certificates,
and due semi-annually
Purpose (for new equip-

2%%

Co.

dated

1952

10,000

annually

Clayton

Archdiocese

,

Pacific

1,

$87,500 annually *
$350,000 Sept. 1,

promissory note due
a final maturity of

'

Stores

Anderson,

1971.

24 ,319,328

GG,

Sept.

25 000,000

series

peiditures).

10,920,000 Southern

-

and to reimburse treasury

parent

(May).

11-year promissory notes, $700,000.

3%%

Co.

(May),

Metal

American

debentures due
and working

Inc. 3%% promissory note due Dec. 1,
Purpose
(refunding $10,250,000 and for expansion
gram $29,750,000).

(refunding $14,437,500
$15,562,500).

$5,825,000).

12,000,000 Southern Counties Gas Co. of California 314% first mort¬
gage bonds due Oct. 1, 1981.
Purpose (to reduce indebted¬

,

,t,January).

I

■

Rayonier,

Purpose

12,000,000 National Container Corp. 480,000 shares

$15,000,000

-

$1,000,000

collateral

bank

repay

,

15-year promissory notes (payable to
commencing May l, 1957), $3,000,-

Inc. promissory notes
$2,500,000 (September).

(repayable

American

Westinghouse Electric Corp. 3'4% 30-year
Dec.
15,
1981.
Purpose
(for expansion

30, 000,0000 Colorado

first mort¬

-

bonds,

gage

preferred stock,

„

Greetings,

Investment

$6,000,000

'

12,000,000 Columbus &

(No-

$300,000

2%%

American-Marietta

42, 000,000 Mathieson Chemical Co. 3%% promissory note due Dec. 1,
1969, with annual prepayments beginning Dec. 1, 1952.
.T
Purpose (refunding). : ,
40.

1,

(refunding $5,600,000 and for working capi¬

Purpose

i

expansion $9,180,000)..
sinking fund note, due Aug.

of

Co.

Co.

vember).

capital).

promissory

$4,820,000

:

ry'-'y'A

(for construction program).

14,000,000 Bigelow-Sanford Carpet Co.,
due

mortgage

$550,000

1976,

-iMarcn).

$125. 000,000

first

$5,000,000

3%%

Co.

Corp.

1966,

1,

1966

Purpose

Island Lighting Co. 100,000 shares of 5.25% cumu¬
lative preferred stock, series A (par $100).
Purpose (for
construction program 'and to repay bank loans).

tion).

Power

1976,

promissory notes due May 1, 1971,

$1,000,000

Can

American

Co. 3%% first mortgage bonds, due
Purpose (to repay bank loans and for new

1981.

Sept.

j

;
bonds

10,000,000 Long

20,000,000 Texas Eastern Transmission Corp. 314%
first mortgage
V
pipeline bonds due 1970. Purpose (for expansion program).

Purpose

Co. 3%% first mortgage
(for new construction). "

Light

&

construction)..

1931.

Bosch

American

Pur¬

stock of no par.

Utilities

States

Nov.

,

•

1,

due

4% cumulative
(February).

shares of

$100),

(par

Sugar

$100),

(par

American

second preferred

1981.

1,

Gulf

10,000,000

due

20,000,000 National Container Corp. 414% 15-year sinking fund debentures, due Sept. 1, 1966.
Purpose (for new construc¬

15,000,000 Alabama

bonds

mortgage

50,000

Corp.

Corp. 3(4 %

Bakeries

American

(for capital improvements and working capital).-

pose,

construc¬

3%% promissory notes,
Purpose (for expansion program).

Solvents

,

due

bonds

mortgage

beginning Sept. 1, 1955, with
1971, $1,750,000 (September).

inc. 104,533 shares of $4.25 cumu-

Can Co.,

convertible

lative

mortgage

and to reduce bank loans).

program

first

instalments

American

.

Continental

•'

'

SEPTEMBER

Gas

first

3.348%

-

American Air Filter Co., Inc.

(with a sink¬
the 15th year)r.
retire bank loans

to

and

$6,500,000

$5,500,000);

^

*

'

(June).

000 (June).

20-year notes due 1971

(refunding

,

pipeline bonds

mortgage

"

•

•

4(4%

.

series

annual

bonds, se¬

*

Purpose

.

Co.

first

(May).

ing fund of $800,000 annually beginning in
-

(for

Co.

Gas

vember).

second

$7,600,000

1966,

(June).

Allied Stores

Purpose

Dixie Cup Co. 3%%

12,000,000

first mortgage bonds

1,

Aug.

Gas

3%%

Co.

1971, $24,000,000

1,

Allied Stores

(Ohio) 364,536 shares of capital stock
(for capital expenditures and working

Co.

(par $10©),

stock

1,

..

.

capital).

10,662,366

$45,000,000 Tennessee

Oil

$10)".

Feb.

due

note

♦

Amalgamated

,14,041,990 Standard

15,000,000 Michigan Consolidated Gas Co. 3(4%

!

con¬

program).

July

Allied

20-year promissory notes

Western Maryla/nd Ry. 4(4% general mortgage
ries B, due Nov. 1, 1976.
Purpose (refunding).

14,950,000

refunding

cumulative preferred

1,500 shares of common

Transmission

Gas

$1,500,000

loans).

(expansion program).
3(4%

.

1,

(June).

promissory

Allentown-Bethlehem

Power

(par
to

due

Co. 3%% first mortgage bonds, due Oct. 1.
Purpose (for new construction and to prepay bank

15,000,000 Ohio

series B, due April

shares of 6%

1,500

$150,000

3(4%

Inc.

Algonquin

(for new equipment).

and'3%%

due' 1964,

notes

promissory

4%

(October).

30,

.for working capital).

„

4

Inc.

first mortgage bonds,

(February).

Purpose

S51).

(par

$150,000- (June).

1971.
Purpose (to consolidate various longobligations of the company and its subsidiaries and

Nov.

term

bank

repay

working

sinking

Co.

D,

1951

Purpose

3%%

25-year

l, 1976.

bonds,

struction

1,

expenditures

Co.

California

mortgage

stock,

Sept.

capital

inclusive,

1, 1966,

-

15,000,000 City Stores Co. 34%
<

t

1

v.

.

'

.

.

stock

capital

of

shares

'

3%%

$100),

(par

Alden's

Dec.

AUGUST

Equipment,

Corp.

Alaska Ferry & Terminal Co.

Purpose

561,517 shares of common stock of
Purpose (for new construction),

par.

28,000

Ferry & Terminal Co.

stock

of $4.40

Corp.

(January).

Gas

$1,000,000

Alaska

Great Northern Ry. 3% equipment trust certificates dated
1, 1951, and due semi-annually June 1, 1952 to Dec.

16,950,000
<

vi':

notes

1952).

17,968,544 Consumers Power Co.

pansion program).

:v

1971,

ing capital $2,800,000).

Purpose (for new construction).

Transmission

Gas

$2,000,000

and for plant expansion and work¬

(refunding $17,200,000

Gas

Alabama

(to repay

Sylvania Electric Products, Inc. 200,000 shares
cumuiative convertible preferred stock (no par).

20,000,000

1,

outstanding loans).

Petroleum

$154,000 (October).

Affiliated

construction).

Investment Co. ,of Illinois 15-year 37/a.%
1966 (repayable annually beginning in
bank loans),

20,000,000-American

Purpose

for the past several years:

Aberdeen

mortgage pipe¬
Nov. .1, 1971.

(to repay bank loans and for new

Purpose

.

capital $3,965,000).

Manufacturing

1966.

cumu¬
Purpose (for

,

24,000,000 Mississippi River Fuel Corp. 3%%
first
line
sinking fund
bonds, series B,
due
4>-

<r

4.50%

expansion program),

Telegraph Co.).

Corp. 3%%
promissory notes due
Purpose (for defense production program).

1970.

Inc. 248,805 shares of
preferred stock, par $100.

Co.,

convertible

lative

Manufacturing

Sept.

Reduction

Air

24,880,500

of

Purpose (to repay advances from

(par $25)..

which we have
of the fig¬

list of all private issues

a

reported for the year 1951, with a summary

for new construction $20,234,200).

and

ures

10,014,345 Southern

7

(1435)

The Commercial and Financial Chronicle

...

Inc. 4(4%

preferred stock

10-year debentures due 1961,

$1,000,-

(May).

Budget Finance Plan, Inc.

$750,000

4(4%

10-year subordinated debentures "A/*

(May).

(Continued

on

page

8)

j

>

fi

(1436)

The Commercial and Financial Chronicle

Cuneo

(Continued from page 7)
Burlington

Mills

Corp.
(April).

*30,000,000
Burns

Bros.

&

Co.

3%

1,

1970,

Dan

shares

5,000

preferred

772%

of

stock

Danstan

$10),

(par

promissory

repayable

notes,

in

Dayton
(due

annual

15

instalments, $1,500,000 (August).
California

Water

$3,000,000

Service

3%%

Co.

mortgage

first

3%%

sinking fund

10-year

Carrier

Co.

sinking

27/b7c

Corp.

$1,000,000

of

High

3%7*

first

Cavalier

due

>,

due

debentures

fund

promissory

$65,000

due

note

annually

Wichita,

School

1966,

Sept.

Sept.

on

1,

bonds due
Central

Oil

1,

with
in

1963

33/4%

to

Archdiocese

the

of

notes due

&

first

Gas

bonds, $2,500,000
Central Ohio

due

notes

April

27/#%

Corp.
(March),

Electric

&

1,

1966,

Diamond

July

$600,000

30-year

first

Central

Co.

2Vb%

Corp.

first

30-year

mortgage

due

notes

May

24,

Central

47c

sinking

notes

fund

notes

promissory

to

due

due

May

March

Dow

24,

Jan.

Vermont

1,

1953

Telephone

$165,000

Products

to

$3,000,000

Corp.

3%

1966,

Products

372 %

first

bonds

mortgage

promissory

notes

Inclusive, $2,000,000

Corp.

3%

(June).

promissory

due

1,

Equipment Co. 3%%
000.000 (September).
Grave

Vault

sinking fund note due Aug.

1,

1966,

El

stock

$100),

$5,000,000

Graphite Bronze
$10,000,000 (April).

Clifton

B,

Clinton

due

Oct.

Water

(April).

37»%

promissory

Clinton Water

1981,

1,

Co.

Co.

$1,000,000

period

(November).

of

20

3%

first mortgage

*

first

Co.

3%

Corp.

bonds,

preferred

promissory

note,

repayable

over

Finance

Co.

debentures,

debentures

dated

series

inclusive,

Inc.

promissory

(July).

Power

Aug.

Co.

note

Fuel

&

sinking fund

Iron

April

1,

1952-1971,

debentures

due

Nov.

due

Gas

Dec.

first

1971,

1,

3%%

3%%

mortgage and
$30,000,000

collateral

due

Solvents

Corp.
(September).

$25,000,000

par),

1971

the

School

1,

notes

15th

sinking

a

fund

$12,000,000

year),

of

(No¬

and

1951

of

stock

(par

$1),

note,

July 1, 1977,

sinking

$1,500,000

$60,000,000

fund

note

due

April

stock

common

(par $1)

$75,000

trust

1,

1966,

(January).

promissory notes

due

Sept.

1,

1971,

Gas

Co.

374%

first

certificates,

mortgage

pipeline

bonds

due

Co.

Co.

3%%

first

mortgage

pipe

line

bonds

due

(November).

3%

sinking fund debentures due Nov.

Corp. 472%
(February).

Electric

$10,000,000
Corp.

1,

1958,

first

notes

mortgage

1, 1963, inclusive,

due

bonds

July

due

1,

(formerly

Ferro

due

to

1980,

April

1,

1,

semi-annually

1,

1969,

Inc.

3%%

20-year

372%

promissory

474%

notes

due

Community
10 or

Finance,
20

Inc.

6%

3%%

3%%

promissory notes

Enamel

Corp.)

3%%

15-year
first

Inc.

500

shares

Ltd.

(Calif.)

472%

due

May

sinking

note

due

serial

mortgage

bonds,

$700,000

mortgage

CorP(October).
Retail

1961,

Consolidated

cumulative

deferred

20-year

of

capital

due

July

cumulative

notes

33/4%

Georgia

Consumers

3% 7c

1,

cumulative

stock

promissory

of all private
in the following table:

summary

I

Mining

Co.

instalments

on

due

(June).

of

Co.

note due Dec.

1,

of

5%

Percent of total volume

Volume

of

preferred

preferred

(par

$100),

$50 000

note

due

Aug.

1,

1961,

shares

of

capital

June
stock

(February).

1961'
(par

10

since

(December).

1949—Number

of

1937

is

29.8

of

of

"rSt m0rtgage b°nds

14general m°"Slee bonds

issues

Citrus

due Dec. 1, 1963,

472% loan payable in quarterly
l, 1954 through Oct. 1, 1966,
$300,000 (October).

CrS2o"o00eOOOrbritoy)COrP' 354

Pr°mlSSOry "0tes due May

19™,

issues

issues

issues

April

1,

'»"« bonds-

Percent of total volume
of

issues

Percent of total volume
of

issues

of

<foXnnnSSv,C0' 5"year

t

50,000500 shares
shares of
and

^0,OOOn?Mfy)!r EXPrCSS C°-

5% unsecured notes dated
common stock (par $1) in units
stock, $150 000 (May)

of

50,000 £hareS 01




c0mmon stock

"<par

461

44.5

42.7

194

243

437

$758,691,200 $1,388,893,599

$2,147,584,799

27.3

39.2

34.0

80

165

245

$450,826,055 $1,221,719,324 $1,672,545,379
14.0

35.5

25.2

65

117

182

$722,001,687 $1,283,561,687

21.4

17.6

20.5

60

80

14C

$499,148,114

$869,990,739

36.4

23.1

27.4

25

30

55

$180,977,500

$272,897,500

22.2

27.4

25.2

issues

38

55

93

$210,664,850

$433,934,550

31.2

64.4

41.6

of

total volume
issues

128

87

215

$538,562,300

Percent of

$418,775,000

$957,337,300

38.0

34.8

-36.6

of

issues

65

92

157

$326,959,904

Volume
Percent of total volume

1989—Number

221

39.5

$223,269,700

Volume

1940—Number

45.8

$91,920,000

Volume

1941—Number

390

$975,296,545 $2,209,625,914

$370,842,625

Volume

$507,580,385

$834,540,289

29.6

30.6

30.2

of

issues

71

137

$418,577,500

$728,557,500

30.7

35.3

33.2

Percent of total

volume

issues

Volume

Percent of total voiume

51

76

127

$229,828,780

Volume

-1937—Number of

66

$309,980,000

Percent of total volume

1938—Number

notes

due

372%

Co.

23/b%

Corp,

47, due
(February).

quarterly

promissory

$20,000,000

and 37b % equipment
and including Not.

to

due

promissory notes

& Lumber

promissory

Banking

&

3%%

Inc.

serially

Co.

1966»

to

Plywood
(March).

Georgia-Pacific

(now

notes, due 1966, $4,000,000
3%%

Co.

sinking

fund

due

debentures
'

sinking fund debentures due

15-year 372 7c

Juices,

Nov. 1, 1966,

promissory notes due 1966, $1,250,000
first

mortgage

fund
(March).

unsecured

3%%

bond*

sinking

1, 1958, $500,000

20-year

due

notes

1971,

(June).

Batteries,

372%

Inc.

promissory
(May).

inclusive, $8,000,000

Rapids Varnish

Grand Union Co.
&

4 72 7c

Inc.

Rubber Co.

1963,

3%

Corp.

$106,000

1953

to

(June).

promissory notes due in 1966, $2,500,000 (April).

372%

Co.

Knight

promissory note,

due

notes

promissory

due

note

1966,

$1,000,000

(February).
Inc. 3%%

Gray Drug Stores,

promissory note, $200,000 (July).

Grayson-Robinson Stores, Inc. promissory notes due to 1961, $1,850,00Q
(May).
v:..7"-''—/'J''
Giant

Co.

sinking fund notes due March 1, 1971, $6,500,-

3%%

(January).
River

cent),

Corp.

notes, $900,000

Corp.

of

of

-i,

stock

common

33/4%

York

New

(par

on*

25-year first mortgage

(June).

Printing Co. 3%

$1,500,000

shares

342,500

(June).

Building

(W. F.)

:;7'

^

Steel

$85,625

sinking fund debentures due Jan. 1, 1968,

(January).

Gas

Jan.

3%%

Corp.

1,

first

mortgage
(February).

$900,000

1963,

collateral

and

trust

bondi

Harnischfeger Corp. 3Vt%
promissory note due semi-annually
Sept. 1, 1952 to March 1, 1966, inclusive, $5,000,000 (March).
Gas

3.15%

Co.

first

bonds

mortgage

due

1976,

from

$1,000,000

(April).

Hecht

Co.

3%

Hawaiian

$450,683,000

$680,511,780

33.8

30.8

31.8

64

53

117

$305,991,000

$150,311,094

$456,302,094

17.1

23.3

18.7

Co.,

Curtis

Industries,

$600,000

Aircraft

$20),

3,000

maturing

April

mortgage bonds,

E.)

shares
of

4%

serial notes

1968,

1,

series B,
due

&

dua

1951-1960,

shares

5%

promissory

prepayment

for

$1), in
(January).

units of ona

(par

of

stock

preferred

cumulative

preferred

(January).

3Vb%

Co.

stock

share, $75,000

7,500

Co.

&

non-cumulative

of

common

$750,000

E.)

provision

10-year

common

one

(par $100),
(Walter

Inc.

shares

3,000

(Walter

(with

notes

first

(January).

Corp.

and

preferred

Heller

3^2%

Ltd.

1981, $3,000,000 (August).

1,

(par

promissory

17-year

(April).

Electric

through

due

notes

July

sinking fund),

a

1,

1965

$5,000,006

(February).

Hochschild,

Kohn

bonds

Home

&

Gas

Co.,

first

due

sinking

in

bonds due

Aug.

1976,

1,

372 7c

sinking

fund

debentures

1976*

due

1966*

&

first mortgage bonds due Oct. 1»

(October).

Gas

372%

Corp.

$3,000,000

Pulp

sinking

fund

debentures

due

De«.

(March).

Paper

(interest

inclusive

bonds

(June).

Natural

1970,

mortgage

first mortgage

Lighting & Power Co. 3 74%

Houston

1,

37/e%

Corp,

$11,525,000

Hudson

37c

Co.

Ltd.

Finance

$25,000,000

1891,

1,

(August).

$4,000,000

Houston

Inc. 37/e% mortgage and collateral
1966, $2,950,000 (February).

Co.,

Power

(January).

$1,500,000

Household

&

Fab.

due

Light

Honolulu

41.1

$561,560,008

Percent of total volume

1943—Number

177

240

Volume

(iR

equipment trust certifi¬

334%
20-year
April 30, 1971,

Corp.

and

1951

2%%

and

(March).

1, 1951 and due Feb.

$100,000,000

fund

527

$1,396,705,750 $1,400,982,395 $2,797,688,145

Volume

Co,,flrst mortgage

Jan.

of

474

55.8

35.6

Volume

1945—Number

299

—$1,234,329,369

total volume

Total Year

38.2

213

Volume

1947—Number

214

$1,004,814,054 $1,405,995,457 $2,410,809,511

issues

Percent of total volume
of

Last 6 Mos.

38.2

Percent of total volume

"■ J'

due

1951,

(April).

stock

228

—

1942—Number

$1,500,000

15,

(October).

dated Feb.

Helene

$1,364,708,924 $1,216,690,210 $2,581,399,134

issues

1944—Number of shares.,

fUnd debentures dub Dec- !.

monthly

equipment
quarterly to

(December).

2%%

$2,240,000 (October).

1976,

1981,

FINANCING

260

Voiume

Brookfield, Mo. 1,500 shares
$75,000 (June).

500,000

Ctrie's6
*1 snn
$1,500 of

issues

Percent of total volume

due

due

37s7c

Harrisburg Suburban Water Co. first mortgage bonds, $110,000 (April).

placements

CORPORATE

Volume

"°ndS dUe N°V'

(par $50),

12-year promissory
note,

May

1951—Number of

1946—Number

CX^9°t%?50O000A!o?tX?,leUanClS'
C°llU80o!ooo

1966,

note

$1,000,000

C^3 OOO^orSyf0^' 3V2% promissory notes due
474%

PRIVATE

Percent of

oMJrtrolt Lakes, Minn, promissory

Service

$100,000

1,

m0rlgaEe 6lnltlne fund bond5

^m?r«WM.a0MC°M.rt.C' 3% Si"klng

Cory Corp.

$10,-

Corp.

series

15-year

$3,000,000

June

Percent of total voiume

preferred stock

Copper Canyon

1971,

promissory

Stores, Inc. 3%7«^-10-year note,

Co.

Public

cumulative

in

Sept.

Corp.

Transportation

Railroad

Goodall-Sanford,

Helio

1948—Number

Stores, Inc. 10-year
(December).

CT96Ts™0?0°bol)I'(1July,'A% "rSt
Gas

due

promissory notes due June

'mSjembe0""' ** **
ConsunMr,

due

notes

and

(November).

472%

Harrisburg

(August),

Percent of total volume

unsecured

$500,000

Retail

debentures

secured

(April).

$2,520,000

due

bonds

Stores, Inc. mortgage loan, $942,000 (August).

Volume

pipe line bonds

(April).

(February).
2%%

$4,977,000

$5,040,000

30,

Refractories

$6,000,000

Hall

Light Co. 50,000 shares of 472%
(par $100), $5,000,000 (May).

Volume

Grocers

l,

1972

April

$4,147,500

$2,000,000

1950—Number

■000,000 (September).
$8,100,000

1

1971,

Transportation

American

Hamilton

notes,

$100,000 (August).

years,

Congoleum-Nairn, Inc.

tkinsolidated

Sept.

dated

Greyhound

1st 6 Mos.

promissory

5%

Corp.

dated

49,

15,

1948,

American

certificates,

Green

$7,000,000 (October).

Telephone Corp. 50,000 shares of 55-cent
(par $10), $500,000 (December),

Corp,,

given

due

debentures

trust

Georgia-Pacific Plywood Corp. 126,000 shares of common stock (par $1),

from

1969,

promissory notes due Aug.

collateral

$893,132

Transportation

series of

1970,

000

due

(April).

Packing Co.

series A

Winery,

notes

(May).

1962, $1,500,000

Power &

Food Fair

preferred stock

cumulative

(April).

Green

notes

Instrument Corp.

Power
Corp.
$14,000,000 (July).

Fluor

1961,

1,

Transportation

American

cates,
General

Graton

promissory

15-year promissory

promissory

Oct.
&

(Henry)
(July).

stock

37c

sinking fund debentures

(April).

$2,000,000

Fischer

Florida

Co.

37/»%

1957 to

Corp.

Florio

secured

3%%

2.90%

Corp.

Camera

1,

$100),

(par

3 7s%
equipment
certificates, series 48, dated March 1, 1951 and due serially to
including March 1, 1971, $4,977,000 (August).

Gould-National

(February).

1961,

Ferro

loan,

mortgage

stock

common

4%

Texas

of

series

American

Goodyear Tire &

Service

Endicott-Johnson

Ex-Cell-O

of

of

Transportation

Goebel Brewing Co.

3%%

12-year

sinking fund debentures due Aug. 1, 1966,

Co.

including Sept.

General

Co.)

promissory note due June 1, 1963, $900,000

20-year

Oil

Georgia-Pacific Plywood

(March).

shares

750 shares
(February).

3%%

including Jan.

General

capital

4%%

Columbus, Ga. mortgage bonds, $750,000 (April).

American

trust

preferred stock,

1,500

Sales, Inc. 3 72%
$10,000,000 (May).

American

General

to

1957

serial

City)

Manufacturing Co. 1272-year term loan, $1,500,000

notes

(with

cumulative

shares

47»%

3%%

Gas

District

Fairchild

1971, $295,000

due June 1,

(November).

1963,

1,

General

High

Co.

Gas Light Co. of

to

Y.

(N.

Trailer

inclusive,

Aug.

Commonwealth Natural Gas Corp. first
mortgage 4 7b%
due June 1.
1970, $900,000 (July).

of

par),

(no

annually July

unsecured notes due

Storage
Battery Co.
1966, $7,000,000 (August).

(December).

promissory notes

Sept.
Fuller

Corp.

Inc.

Trailer

$4,200,000

Heller

Commercial

cents),

trust

(September).

Broadcasting System,
$15,000,000 (April).

April

due

in

10,000

15-year

Gas

Railweld

1966,

'

series G,

(February).

Fruehauf

and

Central

$5.25

Electric

A

Co.

Columbia

.

Inc.

1960, $250,000

Empire

debentures,

(January).

25-year sinking fund deben¬
March 15, 1976, $25,000,000

(March).

(June).

$1,500,000

Interstate Gas Co.
$4,000,000 (July).

$8,000,000

1,

(no

stock

common

(April).

sinking fund

4 74%

Colorado

Colorado Interstate

due

Florida

»

4%

Corp.

bonds

.

3%

Clothing, Inc.
$100), $75,000

(par

Grand

Electric

stock,

due

stock

common

(December).

Mary's

beginning

T

1951

1,

1963, $750,000 (July).
Colorado

St.

20-year notes

Florida

subordinated
debentures, series A
dated
serially to Sept. 1, 1961, $1,500,000 (September).

3%

$10,000,000

Central

of

12,000 shares of

$4,000,000

$9,000,000

Paso Natural

E,

4%

due

and

Stores,

Colorado

5,

a

(June).

(September).

Sept. 1, 1951

El

15,
first mortgage bonds due 1981,

Co.

1967,

April 1,

bonds, series A, due May

Frankel

trust

Co. 472%

Natural

1,

1970, $595,000

1,

(September).

$3,000,000

,

mortgage

cumulative

4'/2%

Acceptance Corp. 4%
senior
due Feb. 1, 1958, $2,000,000

Colonial

Co.

and

Inc.

Natural

Paso

Co.

Clothing,

Golden

Oct.

Colonial

Colonial

shares

sinking fund debentures
$3,500,000 (April).

promissory note due

15-year
(April),

Products

Feb.

secured note due semi-anmiaHj

and 4.25%

through Dec.

Building

$250,000
Frankel

and

Corp.

Paso

1,

subordinated
due 1958, $1,000,000
(September).
and

1971,

.

$25,000,000

years,

Acceptance

in

(May).

Colgate-Palmolive-Peet
Colonial

due

(March).

Coast Counties Gas & Electric Co.
372 %

$3,000,000

3%

Co. 4,000 shares of 4.40%
(par $100), $400,000 (May).

Works

notes
'

Telephone
1972, $100,000

Works

stock, series A

1,

Co.

Forge-Waynesboro

series

El

Co.

(par

1,

v;,
Co.,

$1,250,000

Cleveland

1959,

to

Nov. 1, 1965, $3,750,000 (June).

$12,-

3% 7c promissory note due
semi-annually from
Nov. 1, 1951 to
May 1, 1966, Inclusive, $352,750 (April).
Cleveland Graphite Bronze Co. 50,000 shares of
472 7c cumulated pre¬
ferred

3%

25,000

Co.

Chemical Co. 374%

Ekco

1966,

7

Clark

1952

$100), $500,000 (June).

$4,000,000

April

1,

Aug.

(March).

(C. A.)
(December).

annually April

due

Street

General

1971,

5,000 shares of

Dunham

(December).

notes

41st

Oct.

due

Inc. 3.20%

1951

,

Forest Lawn

General
Co.

$3,000,000

City Stores Co. 374% to 1j%% 20-year promissory notes due Nov.
30,
1971, $15,000,000 (November).

Clark

due

April

due

Duraloy Co. 25,000 shares of

(February).

Corp.

April 1,

Certain-teed

notes

20-year

Inc.

and

3%

Helicopters,

Duplan

first mortgage and collateral lien sinking
seriesJE, due Dec. 1, 1976, $500,000 (December),
y

1, 1976,

Co.

annually

Duffy-Mott

1971,

1,

(March),

Certain-teed

promissory

(July).

2%%

1,

Machinery & Chemical Corp. 3.20%
dated March 15, 1951 and due

Fruehauf

(June).

(August).

Co.,

1951

3%%

(par

Doman

1952-1956,

Central Telephone Co. 3% %
fund bonds,

Co.

Dobeckmun

3-year promissory note, $600,000

37b 7c

15-year

Inc.

1965

v'
fund notes,

sinking

10-year

1,

(April).

$1,500,000

37e%

vember L

serial

Co.

Co.,

374%

Bismarck

Cup

June

$150,000

1968, inclusive,

of

$50,000

Scientific

1954),

1,

Co.

Dec.

(February).

$800,000

1966, $1,000,000 (May).
Soya
$10,000,000

$600,000

annually Feb. 15 from 1953 to 1962, inclusive, $500,000 (October).

Dixie

(May).

Central

1,

Alkali

1,

due

mortgage

(June).

Light & Power Co. 2% %

Scientific

Dec.

Gas

Dewey & Almy Chemical
$390,000 (January).

series

$500,000

Co.

Raynolds

April

$812,500

mortgage

(April).
Central

&

dated

1952,

St. Louis, Mo.
(May).

of

1959-1970, $6,000,000

Electric

1980, $2,500,000

Hudson

notes, maturing

promissory

Corp. secured note due May 15, 1963, $10,000,000

Edison

Devoe

fixed

Food Fair Stores

Food

(April).

(May).

Tank

Detroit

1976,

commencing

1,

3'/b%

Kansas,

promissory

Gas

$500,000
debentures,

Oil Corp. 4% promissory notes due Jan. 1, 1955 to July 1,
Inclusive, $1,000,000 (December).

Diocese

Hudson

fund

sinking

717 '

,

April

1953 to 1964, inclusive, $550,000 (October).

Association

3%%

1,

1971,

Manufacturing Co. and General Gas Corp. long-term notes,
(April).
'
;
Derby Gas & Electric Co. 372% debentures due July 1, 1957, $900,000
(July).

(April).
Central

beginning

Hyde Park
(October).

Dewey & Almy Chemical

of

first mortgage loan,

13-year

372%

inclusive, $25,000,000

mortgage

Corp.

&

Delta

$60,000
1,

Nov.

-

bonds due serially Jan. 15,

Catholic

notes,

(June).

Diocese

1,

tures,

4%

Co.

serially

1961,

,

3%%

April

due

notes

$2,000,000

debentures

fund

sinking

(April).

prepayments

Catholic

47c

(November).

$5,000,000

Rubber

Delhi

Light Co.

Co.

C, due Jan.

from

(Mich.)

Co.

debentures, series

promissory

Monday, April 7, 1952

.

(July).

$140,000

V';,'7

Shoe

Carnation

1975,

(August).

Gas

$950,000

due

first mortgage bonds due 1979,

(October).
Cannon

bonds

fund

374%

Deep Rock

California Water & Telephone Co. 35/b%

Cambridge

Realty Corp.

Dedhain

(September).

$1,000,000

Inc.
(May).

(March).

15-year note due 1966, $6,800,000 (November).

3%%

Co.

37c sinking
(February).

Mills,

Davidson-Boutell

Byron Jackson Co. 3%%
Ink

Inc.

$1,000,000

River

$9,000,000

$50,000 (September).

California

Press,

1966

March

due

notes

promissory

.

.

Corp.

37»%

increased

in

promissory note due 1952 to 1966,
1951 to 372%), $2,000,000

March,

(February).

A

Hugoton Plains Gas & Oil Co. 4 7c
$20,000,000

Humboldt Plywood

$350,000
Hussman

Corp. 3,500 shares of 57c

preferred stock

(par $100),

(January).
Refrigerator

stock,

series

Circuit

I-T-E

first mortgage notes due Jan. 1, 1966^

(January).

(payable

B

$100),

(par

Breaker

$110,000

23,000

Co.

Co.

shares

$2,300,000

372%

annually

47c

of

cumulative

preferred

(June).

promissory

commencing

note

Oct.

due

1,

1,

April

1953),

1966

$2,000,006

(May).
Circuit Breaker

I-T-E

instalments

annual

Idaho Maryland

$160,0OO
Indiana

Gas

Sept.

Indianapolis
stock,

&

1,

series

Telephone

Water

D

Co.

(par

1,

Dec.

Iowa

1,

(with

(par $1),

37c

first

mortgage

bonds

du«

Inc.

20,000

33/4%

first

shares

Machines

1971, $50,000,000
Co. 27/8%

mortgage

bonds,

series B,

cumulative

preferred

(December).
of

472%

(September).

Corp.

372 7c

promissory

notes

to

(June).

sinking fund notes due March 1, 1971,

(April).

Telephone

Co.

3%%

collateral

trust

bonds,

series

B,

duo

1981, $1,000,000 (November).

Power

stock

Corp.

$100), $2,000,000

Business

Dec.

$3,500,000

Co.,

$2,000,000

1980,

International Milling

Investors

1961

stock

(January).

Water

International

mature

100,000 shares of capital

(March).

$1,600,000

Indiana
due

Mines Corp.

Associated

1981,

3% promissory note due Oct. 1,
$87,500), $1,325,000 (May).

Co,
of

&

Light

(par $100),

Co.

50.000

shares

$5,000,000 (July).

of

4.40%

cumulative

preferred

Number 5105

Volume 175

Iron

Manufacturing

Fireman

.

.

The Commercial and Financial Chronicle

.

4V»%

Co.

3%-3'/a%

Co.

Mfg.

James

1952-1966,

due

serial

notes

33A%

15-year

I

f

,

inclusive,

due

Mills, Inc.
1966, $1,250,000 (August).
Knitting

Inc.

Co.,

Chemical

&

Aluminum

33/«%

Corp.

first

bonds

due

bonds

mortgage

Natural

bonds, due
Power

Kansas

1931,

Light

&

1,

3(4%

Co.

first

due

bonds,

Dec.

note

dated

(Walteri

&

$1,500,000

County

Kings

$800,000

4%%

Inc.

Co.,
(March).

New

1, 1957

Lighting

$1,100,000

Lighting

serial notes due 1952-1961, inclusive,

R.)

first

due

bonds

mortgage

6%

Co.

promissory

$158,000

debentures,

Kobacker

(H.)

Kobacker
000

3(4%

Co.

Sons

k

promissory

due June

note

Feb.

promissory note due June 1, 1966, $1,500,-

Laclede

3?4%

Co.

Gas

Ohio

first

series A, due

bonds,

mortgage

Ohio

(February).

&

1976, $8,000,-

bonds due April 1,

first mortgage

Power

3(4%

Co.

first

due

bonds

mortgage

1976,

promissory notes due
$40,000 annually with final maturity in 1966, $625,000 (June).

Langendorf

3(4% 15-year promissory note due
with final maturity in 1966, $625,000 (November).

$40,000

&

Inc.

Bakeries,

annually

(James)

15-year

Inc.

3(4 %

Co.

Sons

3(4%

•

Lily-Tulip Cup
(August),

33A%

Corp.

Service

Corp.

notes

promissory

promissory

note

$1,500,000

1959,

1,

Sept.

due

(September).

Lithium

Corp.

six

a

to

Los

debentures maturing over
(January).

4%

Inc.

period,

year

3%

income

$650,000

due

notes

promissory

$3,000,000

1966,

15,

Jan.

1951

and
Gas

Mack

4%

Co.

first

clusive,

4%

000

secured

note

1966,

1,

June

due

$10,-

promissory notes due 1955-1966, in¬

3(4 %

& Co., Inc.

(June),

$4,000,000

(July).

Feb.

Rubber

&

sinking

$1,225,000

Corp.

$5,000,000

C

(par

3%

?34%-3t4% serial notes
\y:.:-Q
! '

Co.

$15),

due

note

promissory

1953

33/4%

Corp.

1, 1969, with

promissory note due Dec.

Co. 3(4%

Chemical

$6,000,000

(December).

1, 1952, $42,000,000

notes

promissory

April 1,

due

1969,

(July).

May Brothers

July

1,

1952

to

1,

Jan.

dated Jan. 1, 1952, due
1962, inclusive, $340,000

(December).

15,

Machine

&

with

1952, $550,000
Mead
to

Dec.

Engineering

Dec.

$1,000,000

serially June 1, 1951

(April).
20-year 3(4%

1971, $2,300,000

notes due

VR'%:

be

first mortgage bonds due 1981,

(May).

shares

240,000

of

stock

common

(par $1),

2.80%

Co.

Storage

Utilities

Gas

MidSouth

Co.

first

first

mortgage

bonds

33/4%

mortgage

bonds

1976,

due

(September).
first

mortgage

bonds

$600,000

1970,

due

Materials
(par $1), $54,400 (July).
Packaging

Mllford

Gas

Light

Co.

3%%

Co.

10,880

10-year

shares

sinking

of

&

$1,000,000
Minskoff

St.

Ry.

River

Fuel

Valley

35/s%

Corp.

Barge

1965, $1,000,000
Edison

Co.

Co.

Line

due

Co.

Power

bonds due

notes

due

15,

June

bonds,

B,

series

bonds

due

July

1,

1969,

shares of $4.50 cumulative
(November).

50,000

due

notes

loan, $1,450,000

first mortgage pipe line sinking
1971, $24,000,000 (November).

Inc. 3%%

4%

first preferred mortgage

bonds

shares

common

stock

(par $5),

$16,459

Co.

shares

10,000

Machine

Calculating
$5,000,000

shares

of

common

stock

(par $1),

Reverend

M.

Co.

3%%

promissory note

due

May

1,

314%

Co.

(par

S.

Christ!

promissory notes due 1966, $9,000,000 (October).
Garriga, Roman Catholic Bishop of the Diocese
3%
to 33A% serial notes due July 1,

(Texas)

1,

1963, inclusive,

$183,000 (October).




from

and

Co.

debentures

to

mature

20

in

due

.'

sinking fund

10-year

v

notes,

$37,000

due

Nov.

Co.

due

Co. 3%%

sinking

50,000

$5,000,000

notes

Aug.

15,

to be repayable

1961,

$1,000,000

first and refunding mortgage

fund

bonds

due

Jan.

1,

promissory notes

of 4Ya%

15, 1957, $1,250,-

cumulative

first mortgage bonds

preferred

due Jan. 1,

debentures dated Jan.

4%

serially to

due

5% cumulative preferred stock

(par $1),

stock

common

first mortgage bonds due Dec. 1,

sinking fund

notes due May 1,

1974, $20,-

notes due May

1, 1974, $20,-

debentures due June

1,

1971,

note

due

Dec.

1,

1971,

(January).

Co.

first

Co.

4%%

to

first mortgage bonds due

serial

March

dated

Feb.

inclusive,

1961,

1,

subordinated debentures

3%%

unsecured

notes

due

Oct.

1,

1958,

3%%

unsecured notes

due

Oct.

1,

1958,

due

notes

due

July

1,

1966,

note

due

in

10

years,

$1,000,000

Inc. 3% promissory note due April 1, 1971, $5,000,000

Investment

Co.

(April).
Ohio Water Co.

3% -promissory notes due 1971, $3,750,000

Public

Service

Co.

3%

first mortgage

bonds

due

1981,

Service

Co.

3%

first mortgage

bonds

due

1981,

Service

Co.

3%

first

bonds

due

1981,

(July).
Public

(April).
Public

mortgage

(January).

preferred

Public

stock

Service

(par

States

,Co.

10,000

shares

$1,000,000

$100),

Telephone

and due Aug.

1951

1,

Grocers,

Inc.

Co.

cumulative

(June).

Telephone Co. 30,000 shares
preferred stock (par $25), $750,000 (June).

Aug.

4.25%

of

States

3%%

first

of

$1.25

mortgage

cumulative

promissory notes due 1966, $5,000,000

1953

to Jan. 31,

Carbon

$3,000,000

shares

of

stock,

common

$150,000

promissory notes due semi-annually from July 31,
1961, inclusive, $700,000 (February).
4%,%

Co.

promissory

notes

due

1953-1966,

Inclusive,

promissory

notes

<Jue

1953.1966,

Inclusive,

(August).

Carbon

$3,000,000

4y4%

Co.

(December).
3%%

promissory note due Aug. 1,
1957, $3,300,000 (September).

beginning in

1971,

Chemical Co. 3%%
unsecured notes due $100,000
from Aug. 1, 1955 to 1969,
inclusive, $1,500,000 (July).
R.) & Sons
(October).

(E.

1 1953

to

4%

Inc.

promissory notes due March 1, 1966,

& Finance Corp.

Corp.

sinking fund notes due Oct. 1, 1970, $4,500,-

Controls

Co.

37/a%

15-year

promissory

1,

Refining

notes

due

(December).
loan, repayable semi-annually
1952, $800,000 (May).
Co.

5%

first

mortgage

bonds

for

due

five

due

Oct.

1970,

15,

due 1961, $500,000

due

3%%

promissory note due March 1,

&

Inc.

Co.,

March

1,

1976

2%%

promissory notes dated Feb. 1, 1951
(with benefit of an annual sinking fund of

1,

1953), $30,000,000

Strong, Cobb & Co., Inc. serial notes due Sept. 1,
clusive, $1,000,000 (March).
15,

Propane Gas

1966,

$3,500,000

Corp.

4%%

1965, $500,000

sinking fund debentures due

Dec.

sinking fund debentures due May 1,

(March).

Propane Gas Corp.

Superior Water,

(February)

1952 to 1961, in¬

(December).

Propane Gas Corp. 4%

1965, $1,500,000

4%

sinking fund debentures due May 1,

(June).

Light & Power Co. 3.10%

1981, $1,000,000

1981,

1960,

(May).
P.)

first mortgage

bonds,

due

first mortgage

bonds

due

(July).

Water, Light & Power Co.
$3,000,000 (April).

Sutherland Paper Co. 3%%

3.10%

promissory notes due June 1, 1971, $5,500,-

(June).

Talcott

Talcott

(James),

37/a%

Inc.

(James),

Inc.

(par $50), $750,000

1962,

(November).

4%% promissory notes due semi-annually
1952 to April 1, 1962, inclusive, $1,600,000 (October).
Co.

notes

promissory notes

subordinated

notes

due

June

1,

1961,

$375,000 (November).

long-term

Manufacturing

(J.

$1,200,000 commencing Sept.

Superior

(March).

promissory

& Seal Corp. 3%%

(April).

$4,000,000

Suburban

shares of 4%% cumulative convertible
$3,000,000 (June). "

3y*%

repay¬

annually

$10,000,000

Suburban

3%% promissory notes due July
(September).

dated

bonds

1, 1975, $1,000,000 (September).

15,000

(August).

Suburban

(January).

$100),

1961,

(October).

Standard Cap

(par

26

$350,000

4»/a%

Southwestern

Squibb

promissory

Co. 3%%

bonds

3%%

mortgage

debentures

1973,

Co.

Southwestern

$40,000,000

promissory notes due 1952-1964, $4,000,-

promissory

due

1, 1951 and

Investment Co.

Southwestern

promissory

Co.

1981,

;■/,

Investment

Southwestern

promissory

37/a%

Inc.

1961,

first mortgage bonds, seriCi

(January).

shares

semi-annually

Speed Queen Corp.

promissory

Baltimore

(March).

3Va%

Co.

Spencer Chemical Co.

Rice Mills,

l,

1,

dtia

(October).

$4,000,000

Speer

314%

of

Spencer

&

(pdf

debentures

Province

promissory

1, 1981, $3,000,000

Investment

Southwestern

loan, $5,000,000 (June).

75,000 shares of

3%

America

3%%

334%

10-year

Power

Southwestern

years,

(September).

3%

fund

D. 8. A.

Gas & Electric Co. 2%%

due

bonds

mortgage

first

notes

37,468 shares of

beginning Jan.

April

fund

sinking

the

Associated
Telephone
$2,000,000 (September).

1981,

$2,000,000

Speer

Co.

in

& Gas

1971, $500,000

$4,000,000

414%

Co.

1966, $5,000,000

$2,000,000
Russell

sinking

Union

(January).

Southwestern

shares of class A non-voting stock

26,850

3%%

Co.

America,

stock

Oil

the

Gas

Utah

$1,000,000

(October).

Corp.

Cable

3%

Co.

$100),

Southwestern

(September).

Roosevelt

Union

Spartan

Robertshaw-Fulton

Rome

.

stock

(May).

promissory

Mills, Inc. 3V4%

31,

•

$50,000

(April).

preferred

Oxygen Co., Inc. promissory note due Sept.

cumulative pre¬

inclusive, $9,000,000

Dec.

stock,

(September).

$500,000

Rheem Manufacturing Co. 30,000

000

preferred stac*
$5), in units at

1981, $2,700,000 (August),.
Box

Southwestern

$1,000,000 (September).

Manufacturing Co.

years

(May).

Morrison-Knudsen Co.

to

290,000

25-year

due Jan.

1951,

000

Co.

(par

common

(February).

Southwestern

period of 10 years,

of $5

;

Manufacturing

Robbins

of

and Blessed Martin de Porres Hospital (Mobile, AIU.)

Indiana

Stevens

$2,000,000

of

(June).

Corpus

due

West

State Loan

Brand

(par $100).

(March).

(April).

River

duo

(April).

Carolina Electric

1951

first mortgage bonds due 1976,

Co.,

Products

Stores,

preferred

D

(July).

due

(August).

1966,

series

1961, $2,500,000 (June).-

cumulative

note

Southwestern

$3,000,000 (July).

Rheem

(June).

4,/a%

of

Southwestern

repayable

1963,

(August).

Rheein

1.

$281,250

(December).

cumulative

shares

Corp., Ltd. (Calif.) 4%
$400,000 (July).

(July).

Reed-Prentice

40

15-year

Jan.

1981,

due

(December).

Owl

and

promissory

$1,200,000

due

(par $100), $5,000,000

of Nevada

Inc.

$1),

bonds,

of common stock

$25,000,000

stock

1963,

to

$1,200,000 (October).

Purina

shares of 5%

4%

000

(December).

000,000

(par

preferred stook

unsecured notes due

250

shares

1953,

of

(June).

$15,000,000

mortgage

Corp.

$4,000,000

of

first

O.)

Southern

(June).

Corp.

stock

mortgage loan, $800,000

shares

of

Corp.

Southern

first mortgage bonds due 1976,

Co.

Light

Corp. of

tfutf

'

first mortgage serial bonds (guaranteed) due serially
to 1961, Inclusive, $160,000 (October).

1952

1,
(A.

Southern

& Co., Inc. six-year term

$1,500,000

000,000

1970.

C

to 334%

$500,000

22, 1951

1957

due

first mortgage

Public Service Co. of New Mexico 3%

1980,

series

sinking fund notes due Nov.

common

25-year 3%%
$35,000,000 (August).

Mercy

South

(January).

Corp.

bonds

(March).

preferred

Line

1976,

bonds

1980,

•

Co., Inc. 3%%

Pressed Steel Tank Co.

Producers

$2 000;-

due

(August).

1981,

Republic Supply Co. of California 3V4% unsecured instalment notes
(due $50,000 semi-annually from April 30, 1952 to Oct. 31, 1961,

(April).

1,995

Pharmacal

$290,000

1952

notes

mortgage

314%

Chemical

&

Wabers

Inc.

2,000

Corp.

1,

Sonotone

(October).

Republic Steel Corp. 3% sinking fund convertible debentures to mature
March 1, 1954 to March 1, 1966, inclusive, $60,000,000 (April).

(February).
Mitchum

of

first
(June).

314 %

$134,250

April 1, 1963,

of

52,363 shares of 4%

50,000

of

Smith

(August).

bonds, series B, due Nov. 1,

Mississippi

Most

1976,

due

$37,000

notes,

fund

promissory note

4%

& Sons, Inc. first mortgage

(Sam)

Mississippi

1971,

promissory

promissory

Co.

Corp.

K.)

(H.

mortgage

Southwest Gas

par),

Gas

Plymouth Gas
(October).

of

Pipe

Southern

Chemical

inclusive), $500,000
Louis
(May).

Minneapolis

Monroe

314%

Products

par),

bonds

'

3%

Co.

America

and

Oil

3%%

sinking fund debentures dated
$20,000,000 (June).

1971,

1,

(June).

Film

1951

ia

quarterly

'

of America 4%

Aug.

stock

common

(October).

due

Coal

Co.

of

Sisters

1,

$5,000,000 (August).

1964,

Water

Freezers,

Co.

Sinclair

and

(July).

Missouri

preferred

bonds

mortgage

3%%

Gas

(no

1,

000

Corp.

Sinclair

1971, $5,000,000

bonds,

mortgage

first

Co. 314%

Corp.

&

Gas

&

Reeves Brothers,

3%%

Co.

Gas

Midwest

fund

mortgage

first

2.85%

Corp.

Co.

Co.

Coke

Pittsburgh

Red

due 1971 (to
retired by annual sinking fund payments), $18,000,000 (February).

$3,150,000

1966,

series A, due Jan.

due Aug. 1,

first

3%%

June

Raytheon Manufacturing
Corp.

(August).

Gas

Michigan

bonds,

Co., Inc. promissory note due over a
(January).

Rayonier,

Chemical

Michigan

due

able

(December).

$3,000,000

note

\

$3,500,000

Coke

stock

Ralston

(par $5), $277,900

39,700 shares of common stock

Michigan Associated Telephone Co. 3%
$2,000,000

fund

(December).

Pittsfield

Porter

Valley

Simmons

(May).

$750,000

first

shares

Southern Utah Power Co.

Natural

1,

mortgage

(July).

1, 1976, $425,000

shares

South

Reel

&

Water

$2,350,000

in

(April).

pipeline

(June).

Natural

due

(June).

225,000

$100), $5,000,000

promissory
beginning in 1952, $1,500,000 (July).

Plastic

Inc.

(par $100)

due Nov. 1,

mortgage

first

sinking

debentures

Co.

Distillers

Stove

first

beginning in

preferred stock, series A

Radio

'■■■

Metal Hydrides Inc.

Michigan

mortgage bonds

3%%

promissory notes, $1,000,000

Telephone

$5,100,000

3Va%

1976, $1,500,000

Shoe Corp.

due

A,

(November).

Pennsylvania

notes maturing

notes

Signode Steel Strapping Co. promissory notes, $1,000,000

Co.

35/s%

Co.

due

Telephone

$2,000,000

Radio

promissory notes due

to 3%%

Refrigerating Co.

(June).

each

(December).

1961,

1,

promissory notes due Dec.
15, beginning Dec. 15,

4(4 %

Co.

series

five

first

and 3l/4%

promissory

3Va %

20-year

Works

(Motherhouse)

Pipe Line

and

1981,

1,

$150,000

.

annual repayments

Corp. 3(4%

Merchants

1, 1961,,

10-year subordinated debentures due Dec.

Co.

(December).

1961,

bonds,

mortgage

first

first mortgage

30-year

(par $20), $749,360

McLaurin-Jones

McNeil

May

Prentiss

serial promissory note

5%

Co.

semi-annually

$95,500

Co.

Rig

Peninsular

(no

prepayments beginning Dec.

April 1,

due

serial notes

(July).

$1,000,000

inclusive,

1963,

to

due

(June).

Mathieson Chemical

Mathieson

$750,000

V4%

$5,236,300 (July).

Aug.

Tilford

Nov.

Cement Manufacturing
1952-1971, $1,000,000 (July).

Masonite

&

ferred

(April).

1963,

to

(February).

Pittsburgh

(April).

$568,458

Marquette

annual

series

stock,

preferred

of

shares

34,452

dated

(March).

1965, $7,000,000

notes due serially to

3%

Basket

1,

debentures

fund

3%%
1966,

Co.

and due Feb.

Marathon Corp.

Market

3%

to

Pierce Governor

Tire

1951

1,

serially

(April).

15-year

Co. 4%

Gas

Eastern

3

(March).

Sherwin-Williams

due

Piedmont

promissory note due Aug. 15, 1976, $3,600,-

due

notes

of 4V4%
cumulative
$200,000 (January).

$100)
3%

Co.

Power

Co.

Water

March

Electric Co. 10-year promissory notes dated March
serially through March 22, 1961, $100,000 (April).

Paragon

Park

Jose

Shenango

■

1951

1,

Piedmont

Manhattan Shirt Co. 3(4%

Mansfield

Tail

Perfection

;

(July).

(P. R.)

Mallory

1971,

due Nov. 1,

bonds, series B,

mortgage

(November).

Manufacturing Corp.

000,000

mortgage

(January).

Telephone
(June).

Pennsylvania

sinking fund debentures dated Oct. 1,
due Oct. 1, 1966, $200,000 (September).

$450,000

first

30-year

shares

2,000

County

Parkersburg

Angeles Drug Co. 15-year 5%

Lowell

•

$500,000 (March).

10-year insalment note,

America,

of

ten

2.80%

(September).

$2,000,000

-

1953',

to

1974, $45,000,000 (June).

1966, $11,950,000
Inc.

Loblaw,
Inc.
(February).

Otter

$3,000,000

(March),

(May).

3V4%

Co.

Natural

$600,000

June

$7,000,000

1971,

due

33A%

Omar, Inc. 20-year 314%
Orange

Co.

10-year period commencing Dec.

a

1965, $1,000,000

(October).

Co.

(par

Water

over

Light

Seal-Peel,

(June).

$800,000

Service

Scruggs-Vandervoort-Barney, Inc. 4%

(April).

2!4%

Corp.

$20,000,000

Water

Cities

and

Lincoln Stores,

mortgage

(May).

Corp.

Transmission

1971,

Cities

Panhandle

(May).

Liberty Products Corp. 10-year promissory note, $1,250,000

Lincoln

1971,

15,

due June

promissory notes

(June).

$6,000,000

first mortgage

$1,000,000

(Wyo.)

Gas

$5,000,000

Bakeries,

Gas

Sheraton

1956,

Pharmacal

Oklahoma

Langendorf United

Lees

30-year

3%

Corp.

Oklahoma Natural Gas

(January).

United

2.80%

Corp.

$3,000,000

$2,000,000

(September).

Water

$950,000

1964,

due

1981,

(August).

000

Lake wood

first

Gas

&

1980,

Cement

1,
Co.

stock, series A,
27/a%

Co.

$1,300,000

1981,

30-year

Gas

&

Electric

1,

1968,

(May).

$1,000,000
San

Burbank, Calif. 3%
$255,000 (January).

Public

Shoreland

$1,500,000

Works

Water

1,

2.80%
(February).

1980, $3,500,000

Car

Oct.
Gas

Norwich

(May).

Stores, Inc. 3iAVo

June' I,

(December).

years,

Louis

000

in 1971, $8,-

mortgage loan

Corp.

Ohio Telephone Co. 27/a%
1980, $1,600,000 (February).

1966,

1,

due

serial notes dated Sept.

promissory note due 1955

Hospital,

20

Instalments

(March).

Northeastern

(May).

Kokomo
>

to

bonds

$450,000

•

first

Northern

vember).

to

Salem

(March),

promissory notes, $2,500,000

Gas

$3,000,000

Dec.

American

Northern

(No¬

Joseph

4

10-year sinking fund notes,

and 314%

North

1976,

due 1969, $1,900,000

notes

registered

10-year

fund debentures

to 3%%

promissory note due

& Paper Co. 3V4%

Pulp

$1,000,000

May 1,

1,

American

Aug. 1,

Inc. 3(4%

Co.,

Knorr-Maynard

1954

20-year

&

Electric

State

due

Pulp & Paper Co. 4%

Helens

St.

10-year loan due 1961, $400,000 (July).

1952

4(4%

Co.

(December).

Kinney (G.
(March).

1980,

State

$5,000,000

Co. 4(4%
(December).

County

1965,

1,

North

(December).

$2,300,000

due

due Dec.

bonds

1971,

due

debentures

convertible

4(4%

Co.

sinking
■

„

'

Electric

State

York

New

Helens

St.

3%%
first mortgage serial
to 1971, inclusive, $5,100,000

and

Light Co. 3 V*%

33A%

Co.,
(August).

York

bonds

debentures,

income

Inc. 4%

(August).

(December).

Newman-Crosby Steel Co. 43/4%

Kings County Lighting

Kings

fund

sinking

from

1,

Confectionery Co.

Dock

York

bonds

(September).

Kellogg Co. 3(4% serial notes due $500,000 annually from Dec.
to 1961, inclusive, $2,500,000
(December).
Kidde

York

286,750

1,

due

and

1949

1,

Nov.

Foods,

College of Sinsinawa 2%%

1, 1950 and due serially from April 1, 1952 to Oct. 1, 1965, $1,400,000
(January).
St,

(October).

England

New

promissory

1959, '$100,000

Fine

$2,500,000

Clara

St.

New

mortgage

July

promissory notes due April

4%

3lA%

Co.

Paper

each

New

sinking

first mortgage

Inc.—3Va%

Co.,

Service

New Bedford Gas & Edison

(December).

4%%

Co.

Nut

Nov.

Gas

St.

series H,

'

(July).

$2,000,000 (July).

1971,

$5,250,000

Kelling

due

$560,000

Kansas-Nebraska

W

,

Corp.
(September).

$1,000,000

(June).

fund

Linen

Nekoosa-Edwards

promissory notes due July 1, 1971, $4,000,000

(S.) Sons Co. 3'A%

Kann

National

(February).

$75,000,000

1976,

and

1969,

(August).

1981, $1,000,000

15,

.

i

-

July

S

,

(November).

first mortgage bonds,

3t4%

(Hawaii)

Telephone Co.

(January).

promissory notes, $7,500,000

Gypsum Co. 3 V4 % instalment notes, payable $200,000 semi¬
annually July 1, 1959 to Jan. 1, 1967, inclusive, $3,200,000
(De¬
cember).

due

1971,

15-year 33A%

National

unsecured notes due Feb. 1, 1971. $3,000,000

Co., Inc. 2.85%
(February).

Jewel Tea

Kaiser

due

notes

due Feb. 1,
(December).

2.85% unsecured notes
annually beginning Feb. 1, 1962, $2,000,000
Tea

Jewel

fund

sinking

Corp, 5-year subordinated note, $700,000

Inc.

Motorola,
Mutual

$1,000,000 (October).
Jantzen

Finance

Motor

$2,500,000

notes,

promissory

(August).

9

(1437)

Talcott

Inc.
(June).

(James),

$3,375,000

15,000

shares of 5y4%

preferred stock,

series A

(November).
37/a%

subordinated

notes

(Continued on page 10)

due

June

1,

1961,

i

The Commercial and Financial Chronicle

10

bonds

,

1970,

due

1970,

due

bonds

bonds

annually be¬

$4,000,000
Tucker

193

,

80,353,500
421,875

4,000,000

4,000,000
—

147,000,000

87,750,000

59,250,000
25,062,300

--

ellllllirilZZI—.

1935

40,000,000

65,062,500

219,000,000
156,500,000

222,250,000

23,000,000

since 1939. For comparative purposes, we give the fol¬
lowing tabulation of operations for the past several years:,

179,500,000
116,000,000

116,000,000

—

Year-

61,200,000

61,200,000

61,600.000

61,733,332

1951—_—al—

26,015,000

40,000,000

66,015,000

1950

'

-

1932

1,319,167,987
1,561,119,925

257,652,913

1,576.820,900

1946

1,160,496,166

208,253,309

952,242,867

153,564 500

1,724,684,425

1945-

794,740,667

323,843,500

470,897,167

1,145,099,740

204,693.300

1.349,793,040

1944

638,909,818

404,000,156

1,086,100.500

221,147,000

1,307,307,500

1943

435,223,191

259,481,836

175,741,355

1924

996,570,320

248,225,445

1,244,795,765

1942

523,704,607

181,264,294

342,440,313

280,274,600

79,941,679

360,216 279

1941

952,615,173

434,509,900

518,105,273

1922—

634,511,034

125,265,000

759,776,034

1940

1,234,916,402

477,764,723

757,151,679

1921—--

Feb. 1,

serial note due 1966, $2,500,-

15-year 3%%

1947

1926-

1981 series, $8,000,000

527,517,000

50,000.000

577,517,000

1939

1,125,901,000

195,079,000

930,822,000

138,998,000

522,448,887

342,130,300

263,429.000

605,559,300

1919—

1971, $10,000,000

due

notes

3%%

Inc.

clusive,

(June).

$8,400,000

and

3%

Corp.

Radiator

1919

151,816.

to

annually Oct.

10-year promissory notes, repayable $100,000
1952 to 1961, inclusive, $1,000,000 (November).

1,

Co.

Telephone
•{March),

United

calendar

the

For

by

borrowing

first mortgage bonds, $4,500,000

3.10%

Pa.

of

SUMMARY

New

Chemical

Victor

to

1956

Sept.

&

(par

$50),

Co.

314%

'annually

Dec.

(J.),

Weingavten
Coast

Water

Penn

$300,000

3%%

Co.

Co.

first

4%

$512,000

$2,500,000

first

Co.

Gas

series

bonds,

mortgage

(September),

$125,000,000

1966,

l,

Motor

7,

Instrument

Auto

in

due

B,

Water

Co.

Storage

,713,434

*549,563,440

6,286,228

555,849,668

*199,792,612

*4,280,719

167 .914,060

362,905,565

2,913,516

365.819.081

174,381,015

1,109,217

232, 067,911

169,694,702

6,114,910

175,809,612

189,592,258

681,905

190,274,163

4,436,904

411 .650,304

303,791,354

14,116,294

317,907,648

*339,483,415

6,892,104

♦346,375,519

2,914,011

282 ,730,943

334,267,106

19,649,105

353,916,211

314,597,763

1,387,000

315,984,763

44,038,415 1.451,995,061

1,953,661,598

50,471,668 2,004,133,266

1,409,557,152

320 740,018

204,425,733

758,229

205,183,962

1,407,956,646

■

VV-'r-

-v

promissory

notes

promissory

due

note

serially

1

1953

to

Jan.

,

•"

from

general

8 483,106

273,914,811

174,357,416

624,000

174,981,416

272,087,205

6.432,000

278,519,205

313,620,097

3,985,114

317,605,211

368,114,910

17,863,200

385 978,110

181,497,213

3,298,000

184,795,213

234,119,705

3,915,412

238,104,705
251,134,308

—

—

Gas

Light

4,125,000

301 595.200

355,538,295

14,178,213

369,716,308

229,119,705

22.014,603

276,119,215

19,409,835

295 529,050

137,791,271

28,113.045

165,904,316

197,898,154

57,017,268

254.915,422

1,675,952,861

48.227,635 1,428,651,446

1,416,771,422

61,262,593

1,478,034,015

1,393,184,396

88,751,397

1,481,935,793

3.083,909,507

92,266,050 3,176,175,557

3,370,433,020

111,734,261 3,482,167,281

2,802,741,548

.104,286,318

2,907,027,86$

the

tabulated

following

have for

may

SPECIAL

y;.

bonds

mortgage

due

1,

May

1976,

,:

due July

1,

Co,,

Co.

Co.

of

3% %

10-year sinking fund notes,

North

Mfg.

Bergen, N. J.,

N.

6%

202,872
183,750

Co.——

10.169

78%

795,724

Halliburton Oil Well Cementing Co.
The Gamewell Co., common

4,900
5,000
10,000
22,451
4,900
*9,600

34%
18%
52 %
34%
49%
41%

168,437
92,500
521,250
766,140
241,325
400,800

21

331,800

26%

504,000

43

$840,000

7-11

J.,

6%

cumulative

years, $225,000

Department

Wisconsin

Electric

10-2

deben- ;

deferred

(August),

Federated

8-21

deferred

Abbott

Safeway Stores, common
G. C. Murphy Co

Lone

Cement

Laboratories

first

mortgage

bonds

due

Star

10-11

June

1,

1966,

Co.

-

3(4%

.:

7

promissory

notes

•'

.

due

May

1.

••

•;.

American Chicle

\

10-16

Dow

10-24

U.

\

11-2

Mississippi River

11-20

John

1967, !

12-5

sinking

fund

>12-7

i
-

Brothers, Inc. 3% promissory notes due April 4, 1971, $3,000,- i

(May).

guaranteed

States

During 1951 foreign security issues, both government

e' placed in this country aggregated $363,1S?94,SLCOmpared with $296,137,740 in 1950, $184,275,-

^rp0




1947 and

33%

268,000

6,912

13%

90,720

Corp—
—

475,343

Co.—

5,000

preference

offerings

953,400

35%

13,250

Tool

456,320

.42

22,700

Co

573,500

25%

-18,162 :

Electric Co.—

&

37

15,500

Co

Coal

convertible

524,400

8,000

27,600

—

Pneumatic

325,000

65

$9,775,854

287,288

(23)

COMPLETED

NOT

IN

General

Offered

6-20

Parke,

Time

Davis

&

Total

happens

do

17,500

—22,454

on

which

so

involved.

by making

Value

.Sold

2,985

$109,698

9,170

543,322

12,155

-

a

or

$653,020

part of their holdings, prefer

public offering of the securities

/

33.559.509

24,674,494

24,442,067

..6,902,646

public

some

stock

exchanges

whose

our

utility

holding

companies

are

included with '.the secondary offer¬
Of ^course the companies

totals since JL942.

securities

are

proceeds of the sales.

place in

our

.

i8,624,260

9,181,100

60,941,349

22,318,254

65,612,548

20,315,178

4,732,036

29,759,176

44,216,600

64.298.510

32,769,317

21,820,596

55,433,608

15,696,485

42,867,266

49,233,458

29,300,280

39,733,669

55,128,199

June

21,346,188

51,670,355

151,924,399

Tot. 6 mos.

266,385,282

July

24,020,057

170,072,608 156,875,510 225,507,038
23.751.732

28,778,285

—

24.688,344

6,662,745

15,882,167

30,410,349

September__

19,195,618

26,783,641

37,214,340

15,293,474

20,776,075

October

21,944,601

39.098,263

66,724,136

24,766,550

28,268,700

August

November
December

Tot. 6

.9,783,161

24,234,648
10,880,842

36,607,693

16,740,493

11.334.733

10,950,161

10,867,910

24,790,489

34,116,548

25,185,622

15,182,375

37,637,292

151,246,802

133,184,851

180,092,730

125,381,194

132,665,467

__

mos.

Tot.cal.yr. 303,171,201 399,570,133 350,165,338 282,256,704 358,172,505

Treasury Financing in December
The

Secretary of the Treasury announced

on Dec. 14
received and allotted to the offer¬
ing of 1%% Treasury Certificates of Indebtedness, series
F 1952, dated Dec. 15, 1951, and maturing on Dec. 1, 1952,
in exchange for 21A% Treasury Bonds of 1951-55 (dated
Dec. 22, 1939) in the amount of $1,118,051,100 called for
redemption Dec. 15,1951.
The balance of the bonds not
exchanged were redeemed in cash.

that $1,G62,609,000 was

Secretary of the Treasury announced on Nov. 14
outstanding 2V2% Treasury Bonds of 1952-54,
dated March 31, 1941, .due March 15, 1954, are called for
redemption on March 15, 1952.
There are now out¬
all

standing $1,023,568,350 of these bonds.
The

involved

receive

-Such offerings

compilation of

new

no

as

part vof rthe

these have

issues, but

we

no

have

:

Treasury Department in December outside of the

above, confined its operations to the usual weekly sale
of Treasury Bills, Savings Bonds, Tax Anticipation Notes
and Depositary Bonds.
UNITED

STATES

TREASURY

-Date

FINANCING

Amount

Offered

Dated

Due

Applied for
$

complying with the Utility Holding Company Act dispose
of their holdings of subsidiary companies through public
offerings. .Similarly "special offerings" .on the several
ings ;in

i

$

27,592,122

32,288,324
28,869,867

:

'

Likewise

1947

1948
".

25,010,104

occasion that owners of large blocks of
have been outstanding for some time,

desiring to liquidate all
to

$36%
59%

Issues Not Representing New Financing

;

It

Co.——

Price

4,854

Corp..

1951
No..of Shares

Shares

6-12

FINANCING

$

The

OFFERINGS

Issue—

Date

y

21,927,272

that

securities

brought out during 1951 by entities
grouped under this classification aggregated $2,066,205,000 as compared with
$1,385,715,000 in 1950, $1,176,210,500
$1 052,220,000 in 1948, $661,215,000 in 1947 and
$861,150,000 in 1946.

Co

NEW

1949

1950

January-

815,775

19

—

Fuel

111%

7,300

'Oversubscribed.

obliga¬

volume

10,000

Oil Co._.

$3

SPECIAL

provides for the monetary needs of these agencies to be!
care
of by direct United States
Treasury issues,

tions.

19,200

.

——_

Co

&

,

15,800

Co

Corp

Chicago
..

taken

in71046°'00° ^ 1948'?236>983>497

Creek

Glidden

«

Financing by government
agencies, which in the past decade reached huge propor- i
tions, disappeared altogether since October, 1941, as .a
new policy put into effect
by the Treasury at that time >

——

Stores-:.-

Co

Ashland

•

12-27

Financing in this classification consisted of obligations j
of the Federal Intermediate Credit Banks and .the Fed-*
eral Home
Loan
Banks.

Foreign Issues Placed in the United

Morrell

Total

Farm Loan and Government Agencies

own

Tobacco

Island

j

by the sale of their

S.

The

;12-17

—

Chemical Co

.Iowa-Illinois Gas

>

12-14

———

Power

REPRESENTING

•;

$

430,000

5-22

(January).

$196 792 500

26%
24%

Owens-Illinois

<

4.25%

&
Tube Co. 3(4%
first
mortgage
series F, due June 1, 1976, $25,000,000 (June).

The total

•

7,584
77,500

7-31

cumulative

Youngstown .Sheet

of

26%

10,760

4-17

10 and 20 years, $150,000 (August).

Newark,

.

Towne

$365,625
289,175

Co

Glass

NOT

1951

Value

$14%

4-23

(June).

$1,500,000

Price

25,000

—

Hocking Glass Ccrp
Glass

Market

/■.*.

(Offered

*

;

Co

El Paso Natural Gas Co.—

Anchor

4,17

1966,

'

'

Electric

4-17 ^Hazel-Atlas

promissory notes

ISSUES

March

Shares

-Issue—

Scranton

*4-5

tyv.;v-.

in the table below;

April

1951

IN

COMPLETED

' ./yyy

-v.?

Date /

separately for whatever interest they
their own account, and present the results

on

May

•■77...y.

1981,

them

have

may

February-,

readers.

our

OFFERINGS

5-29

Co.

Publishing

Instead

i

297,470,200

inclusive,

-A

■

OOO

245,194,731

265,431,705

they

15, .1951 and

1961,

1,

.

lures due in 5, 10 and 20

Tounker

1,195,000

151 422,908

tables we present a summary of
"special offerings" as compiled by the New York Stock
Exchange for the year 1951. Although these for the.most
part are included in our compilation of "Issues not rep¬
resenting new financing" in the months in which they
occurred we present them here for whatever interest

(January).

10-year notes dated Jan.

Jan,

Battery Co, 3%%

Finance

bonds,

15,534,921 JL,425,092,073

243,999,731

268, 915,210

Summary of Special Offerings—1951

1,

June

due

first mortgage bonds, series D, due May 1,

3(4%

debentures due in 5,

&

1,803,600
841,000

7-6

'

**204,073,331
175,490,232

3,496,500

3,569,000

4,185,000

1966,

due

(October).

Ye)e

192,894,065

•Revised .figures.

•

$750,000

1,183,976

Total 12 months

(August),

Workers Finance

^

191,710,089

150,581,908

Y* 3-21

(May).

$3,000,000

World

-

$

234,831,046

Total 2nd 6 months—

1976,

(May).

$2,000,000

Workers

$

1,391,615

(January),

$2,800,000

Worcester

.1

233,439,431

December—————

-V-;*;-:"-

3(4%

Stores, Inc.

Wichita Water.Co. 3%

Willard

Total

Refunding

$

264,730,210

In

through Jan. 1, 1971, $2,284,000

instalments, from

$3,000,000

Wichita

Capital

.

November

due' 1980, •

bonds

4(4%

vV:7:

;

4%

Co.
■

secured

3.95%

Co.

April 1, 1951
due

1st 6 months—

October

30-year debentures due Dec. 15, 1981,

(Decemberi.

Electrical

White's

New.

$

August—

7

,

1966. $3,000,000 (August).
;

$

first mortgage bonds due 1979,

Water Service Co. 3(4%

Wcstinghouse Electric Corp. 3(4%

Wtlite

-1949-

Total

Refunding

-

279,816,932

..—-

(February).

Natural

Weston

184

Capital

>

,»

mortage

"

:v.

MONTHS

September—

7'

bonds

mortgage

BY

10,228,000

318,936,418

Water Service Co. 1,000 shares of $5 cumulative con¬
preferred stock (no par), $105,500 (July). /77i,r:'.:7:.;77'77^'.'

Western

.

first
,

FIGURES

(October).

West Virginia

,

June

due

notes

tabulation of municipal financing

407,213,400

,

Total

Virginia

vertible

.

fund

sinking

a

7

(June).

N

Telephone

May—;
June

7"■A-.- ..7.V

,

3%.%

Inc.

1,

(September).

$1,000,000

West

Dec.

Sept,

promissory notes due $300,000
1966, inclusive, $3,000,000 (De:

(July).

$4,000,000

West

15-year

1957 to
v.:-

1,

cembert.

West

$5,000,000

stock
Swasey

preferred
Warner

100,000 shares of

Works

Victor Chemical

20-year

present

we

157,686,06G

..

April

1,
;■ 7'7:,.
cumulative convertible second
fund notes due

3% sinking
1, 1970, $4,000,000 (June).
Works

Below

181,216,934

March

'

Moreover, the totals exclude all
in

by months since January, 1949.

:'$

172, 918,409

234,909,662

228,498,911

February

repayable Jn

instalments,

New

$

$

19,394,000

153,524,409

January

,

(Canada)* 3%% secured note due in 1960,
$2,500,000 (January).

Ventures, Ltd.
annual

15-year promissory

Inc. 3(4%

Dutch Bakers,

Holland
(May).

Kamp's

$500,000

note,

77

$

dealers.

reappear

-1950Total

Refunding

Capital

•

de

and

that

-1951

commencing

(July).

1955), $1,200,000

——

43,849,187

the market in consequence of
portfolio sales by banks, insurance companies, et al., and
public trust funds.
>

MUNICIPAL

OF

-

bonds

aggregated

municipalities

and

—

bankers

has been $15,189,-

record reveals that

1951, the

year

states

July 1, 1974

Utilities, Inc. 4(4% sinking fund debentures due
sinking
fund
payments of $60,000 annually

(with

while

floated,

were

total

Municipal Financing for 1951

"U. 8-Vitamin Corp. -4%%

July 1,

issues

grand

-

are
included in our tabulations only when they have
subsequently been resold by such bureaus to investment

1

(August).

United

such

the

date,

municipal

by foreign

States

In those seven years, an aggre¬

$9,119,501,306

of

gate
from

$2,500,000

loan,

10-year

4%

United

in the

corporate entities.

and

debentures, series C, due

Corp. 15-year 3%%
$5,000,000 (September).

Plywood

1966,

States

important

really

a

undertaken

sinking fund promissory

15-year

Co.

& Foundry
(April).

States * Pipe

of 1924 to 1930, in¬
volume of financing was

only modest size, but in the period

due June 1, 1959,

4%. sinking fund debentures

;

In connection with the above tables, and all similar
figures for that matter, it should be made clear that they
represent only bond issues sold by states and municipal
taxing units to private investors and do not embrace
loans placed with any Federal agencies.
These latter

past 20 years or so foreign issues have been of

In the

■> .'i:;:

States

2,604,158,259
2,228,248,825

1948

22,032,717

1925

■

Sept. 1,

2,802,741,548

82,060,358

1949

779,870,286

1923

Theatres,

Paramount

United

104,286,318

268,222,000
1,135,779,390

1928

.

30-year 2%% debentures,

United States Freight Co.

/Uaitfed

2,907,027,866
2,686,218,617
2.272,098,012

14,500,000

(April).

notes,

3,482,167,281

383,450,887

United Illuminating Co.

United

$3,176,175,557

111,734,261

126,566,000

1929—

(April).

& Tool Corp.

$1,000,000

Capital

$92,266,050

3,370,433,020

253,722,000

—

—

1930

(August),

(April).

New

Refunding.?

$3,083,909,507

1,009,213,390
757(837,509

1931

first mortgage bonds

3%%

debentures, series B, due

15-year 3%%

Inc.

Air Lines,

United

Grand Total

133,332

'

J933

*

1927

1967, 810,000,000
000

107,723,972
110,250,000
'

421,875

1934

promissory notes due serially to

Heat & Power Co. 30-year
"due Oct. 1, 1931, $2,500,000 (August).

United Drill

103,000,000

1938

inclusive,

promissory notes due 1956 to 1963,

Light

United

2,250,000

1940

1959,

to

(September).
Union

59,353,500

1941

1966, $6,000,000

i,

21,000,000

——^—

J942—

(April).
;
Uarco, Inc. 2.95% 15-year promissory notes, $500,000 (May).
Uarco, Inc. 2.95% 15-year promissory notes, $1,500,000 (April).
OUra Chemical Works, Inc. 12-year serial notes due to 1963, $250,000
April

98,549,100

3,250,000

Inc. 3.35%

Poods,

(Mrs.)

s

106,792,500

9,174,872

record.

exceptionally large volume of borrowings in 1950,
1949, 1948 and 1947 was due in no small measure to the
payment of "bonuses" to ex-service veterans of World
War II, by several states.
Sales during 1948 amounted
to $2,686,218,617 and in 1947 were
$2,272,098,012; 1946
totaled
$1,160,496,166 contrasted with $794,740,667 in
1945; with $638,909,818 in 1944; $435,223,191 in 1943, and'
$523,704,607 in 1942.
The volume of new capital bor¬
rowed during 1950, as distinguished from refunding
op¬
erations, was substantially greater than for any year

236,983,497

188.051.500

1939

1957

due

notes

promissory

Pipeline Co. 4%%
$6,000,000 (November).
Co. 4%
(June).

87,978^500

8.741,000

—

1943—————

$1,530,000 (August)./.yy
Triangle

Txuax-Traer Coal

149,001,997

total of $3,482,167,-

a

The

477,200,000

477,200,000

1945—

secured loan due 1976,

Corp. 25-year 3%%

Transcontinental Building

90,275,000

184,275,000

1947

1944———

unsecured notes due 1961, repayable
ginning November, 1952, $1,400,000 (November).

296,137,740

94,000,000

calendar year on

$363,462,094

150,200,000

1943

1946-

3% %

Co

Tiane

$39,821,500

1949,-.

/

pipe line

(September).

1970, 878,686,000

due

$323,640,594

—

1950

3%% first mortgage pipeline

Natural Gas Pipeline Co.

Illinois

Texas

■

Monday, April 7, 1952

.

The 1950 total is the largest disposal of any

281 in 1950.

Total

Refunding

New Caollali

»

145,937,740

1951

first mortgage

Corp. 3%%
$33,000,000 (November).

Transmission

Eastern

pipe line

Calendar Years

pipeline bond«

Transmission Corp. 3%% first mortgage
820,000,000 (June).
-\;V: VV/>'-v.' ■-.?

Eastern

Texas

.

.

$3,176,175,557. This contrasted with

MUNICIPALITIES)

(INCLUDING CANADA. ITS PROVINCES AND

.7

mortgage

Corp. 3%% "first
(September).

Eastern Transmission
due 1970, 820.000,000

Items

Texas

ISSUES PLACED IN UNITED STATES <

GRAND SUMMARY OF FOREIGN

(Continued from page 9)

Van

.

(1438)

Total

Jun

28

for

six

months

91 days

-

1951

DURING

Amount

-

•

Accepted
$

y

•

Price

Yield
%

.

60,529,348,374
1,200,374,000

99.595

*1.604

4

July 12

91 days

1,964,371,000

1,201,731,000

99.592

*1:615

July 12

July 19
July 26

91 days

2,031,366,000

1,201,681,000

99.605 + *1.562

91

July

July 19

July

July 1-31 July

July

5

99.598

1

.Total for July

days

1,991,901.000

1,200,294,000

10-12 yrs.

310,032,323

310,032,323

a

12 yrs.

1

1- .July

July 1-31 July

1,821,659,600

8,599,000

8,599,000

*1.591

100

3 years

524,376,100

a

524,376,100 100
5,647,087,423
)

-u

Number 5105

Volume 175

.

The Commercial and Financial Chronicle

.

.

Amount

Amount

Applied for

Accepted

$

$

1,954,581,000

1,300,619,000
1,300,336,000
1,300,388,000

Date
Due

Dated

Offered

Aug

2

91 days

Aug

9

91 days

1,890,936,000

Aug 16

91 days

July 26
Aug
2
Aug 16

Aug 23

92 days

2,079,693,000
1,992,646,000

Aug 23

Aug 30

91 days

1,998,093,000

July 16

Aug

1

11 mos.

5,215,679,000

1

10-12 yrs.

312,394,671

9

Aug

Aug 1-31 Aug

Price

Yield

*1.611

Dec

99.583

*1.652

Dec 13

91-day

Treas.

99.580+ *1.660

1,100,562,000
1,100,836,000
5,215,679,000

Dec 20

91-day

Treas.

6

91-day' Treas.

99.578 + *1.651

Dec 27

99.584 + *1.643

Dec 15-

100

1%

Dec

312,394,671

a

a

Dec

U.

10,423,500

10,428,500

100

2

343,857,300

100

1

for

Sept

91 days

1,917,893,000

Sept 13

6

91 days

1,913,013,000

6

1,103,422,000

1,102,785,000
1,200,354,000

1,200,876,000
1,200,850,000

1,200,876,000
1,200,850,000

1,062,609,000

Tax

1

1,062,609,000

637,000

99.584

for

4.952,000

notes—

305,164,400

305,164,400

5,767,474,000

6,374,404,594

99.584

118,026,378,179

year-

*1.646

Sept 20

91 days

1,929,824,000

1,202,399,000

99.584 + *1.6< 4

Sept 27

91 days

1,772,727.000

1.200,926,000

99.584

Sept

Sept 15

11 mos.

582,994,000

10 -12 yrs.

272,350,006

582,994,000
272,350,006

1%

100

Total

six

for

months

Total

for

100
100

b

September

Dee.

Sc

130,000,000

35,000,000

+41,656,000

211,097,000

157,753,000

53,344,000

526,000,000

4,550,000

521,450,000

34,032,000

Total
4

91 days

2,022,719,000

1,201,445,000

99.584

Oct 11

91 days

2,163,091.000

1,200,655,000

99.602

*1.576

4

for

115,720,000

$81,688,000

July.

Oct

11

Oct 18

91 days

99.592

*1.615

Oct

17

Oct 23

144 days

3,302,398,000

1,250,958,000

99.380

*1.550

Oct

18

Oct 25

91 days

2,129,556,000

1,200,782,000

Bept 18

Oct

1

11 mos.

1,832,022,000

1,832,022,000

Oct

1

Oct

15

IIV2

mos.

5,877,051,000

Oct

1

Oct

15

11% mos.

4,984,843.000

1

10-12 yrs.

333,823,000

Oct 1-31 Oct
Oct 1-31

12 yrs.

5,877,051,000

100
100
a

100

2

100

Certificates

120,000,000

28,500,000

91,500.000

Notes

481,622,000

82,604,000

299,018,000

for

October

601,622,000

111,104,000

490,518,000

50,000,000

48,550,000

1,450,000

for

September—_

Nov

91 days

2,217,004,000

1.301 730,000

99.591+ *1.617

1

Nov

8

91 days

2,164,914,000

1,300 325,000

99.593

*1.610

Nov

5

Nov 15

91 days

2,128,035,000

1.302 809,000

99.591

1 Nov 15

Nov 23

90

*1.585

Nov 15

Nov 27

Nov 22

Nov 29

Nov 1-30

1,100 712,000

99.604

3,360,801,000

1,250 725,000

Nov

91 days

1,954,319,000

1,100 ,013,000

10-12 yrs.

315,332,103

315 332,103

a

a

5,888,000

5 888,000

100

a

3 yrs.

1

Notes

Sc

339,872,900

339 ,872,900

100

October

166,451,000

99.593+ *1.609

272,200,000
89,925,000

November

for

.114,821,000

Nov 29

Dec

Dec

6

91-days

1,940,072.000

99.587 +*1.632

Certificates

129,500,000

70,050,000

Dec 13

91 days

1,883,143,000

1,200,354,000

99.570+ *1.700

Notes

448,256,000

467,830,000

$19,574,000

Dec 20

91 days

1,796,810,000

1.200,876,000

99.564

*1.725

Dec 18

Dec 27

91 days

1,608,850,000

1,200,850,000

99.529

1.865

Dec

Dec 15

1,062,609,000

3

Dec 1-31

Dec

mos.

1,062,609,000
296,177,194
4,952,000

3 yrs.

J.,- 305,164,400

Dec

Dec 1-31

HV2

10-12 yrs.
12 yrs.

Dec

Dec 1-31

1

1,103,422,000

1

Total

for
for

year—

•Average rate
rate

series,

series

have

E

a

10-year

sold

have
b

on

discount

a

12-year

a

basis,

maturity,

74,

at

sold

are

and

at

Savings

yield

100,

are

Life

federal

sold on

a

bear

and

series

Details of New Capital Flotations

<3

2interest,

about

C-1949, C-1950

C-1948,

1.07%.

Sale

cTreasury notes of
each

and Series A-1954.

bonds

was

to

Series

discontinued

series D began Sept.

If held

month.

3,

on

and

1948

C

Aug.

earnings
31,

interest

|

per

and

interest

accrued

purchased.
1951

Effective

annum.

Series

A

sold

if

held

to

month

and

1.88%

per

maturity

1949

first

Savings

par" and

at

11,

the

from

Treasury

are

and

Aug.

day

Notes

accrued
or

month

to

the

interest

Accepted

months

six

of

15,
tha

approximates

Indebtedness

$

$

60,529,348,374 54,760,914,000

5,768.434,374

bills
bills

1,200,374,000

1,001,554,000

1,000,403,000
1,000,536,000

July 26

1,200,294,000

1,002,833,000

197,461,000

July

U. S. Savings bonds

310,032,323

8,599,000
524,376,100

$3,300,000 Missouri-Kansas-Texas RR. 3'/a% equipment trust certi¬
ficates dated Jan. 1, 1952 and due semi-annually to Jan.

1, 1967, inclusive.
Purpose, for new equipment.
Price, to
yield
from
2.25%
to
3.375%,
according
to maturity.
Offered by Salomon Bros. & Hutzler; Drexel & Co.; Union
Securities Corp.; and Stroud & Co., Inc.

8,599,000

91day

1

July

July

1

Treas.
Treas.

Treas.

notes-

Tax Antic'n

Total

for

July—

$2,900,000 Texas

&

200,332,000

series

N,

199,692,000

to

bills

1,300, 336,000

Treas.

bills

1,300 388,000

Aug 23

92-day

Treas.

bills

1,100, 562,000

91-day

Treas.

Aug 30

bills

1,100, 836,000

11 mos. ctfs. of indeb.

bonds

5,215, 679,000
312, 394,671

bonds—

1,100,696,000
1,100,562,000
1,100,688,000

10, 428,500

1

U. S. Savings

Aug

Aug

524,376,100

Depositary

1

Total

Tax Antic'n
for

notes-

343, 857,300

1,265,478,471

Pacific

91-day Treas. bills

Sept 13

91-day Treas. bills

1,102 635,000
1,202 609,000

Sept 20

91-day Treas. bills

Sept 27

Sept 15

U. S Savings bonds

272, 350,006

Sept

1

Sept
Bept

1,202 399,000

1,101,467,000
1,001,228,000
1,000,902,000

91-day Treas. bills

1,200, 926,000

1,000,372,000

200,554,000

532, 994,000

582,994,000

bonds-

Depositary

1

Total

Tax Antic'n notesfor

September

6,066,460,206

Inc.

with

91-day

Treas.

bills

1,201,445,000

1,200,829,000

91-day

Treas.

bills

1,200,655,000

1,200,655,000

Joe

18

91-dav

Treas.

bills

1,200,221,000

1,200,221,000

23

144-day

Treas.

bills

1,250,958,000

Oct

25

91-dav

Treas.

shares

of

6%

equipment manufacturers

American Transportation Corp. 23/a% and 3'/a%
trust certificates, series 49, dated Sept. 15,
quarterly to
and including Sept. 15,
1971.
Purpose, for new equipment.
Sold to a small group ol
institutions through Kuhn, Loeb & Co.
equipment
1951,
due

Inc.;

616,000

McAlister

Taylor

Co., Inc.; Wyllie and
McDaniel Lewis & Co.

Sc

and

Co.

Oversub-

$7,000,000 Central Maine Power Co. 3%% first and general mort
gage bonds, series T, due Nov. 1, 1981.
Purpose, to repay
bank
loans
and
for new
construction.
Price,
101.749%

bills

1,200,782,000

1,200,~544~000

11 mos.ctfs.of indeb.

1,832,022,000

1,832,022,000

llVimos.ctfs.ofindeb.

5,877,051.000

5,877,051,000

and

Oct

15

HVamos.ctfs.ofindeb.

4,984,843.000

4,984,843,000

Oct

1

Inc.; Auchincloss, Parker & Redpath; William Blair & Co.;
Dick Sc Merle-Smith; The Illinois Co.; Wm. E. Pollock &

notes-

333,823,008
7,124,000

333,823,008
7,124,000

317,646,100

317,646,100

19,406,570,108

17,496,165,000

1,910,405,108

1

91

day

Treas.

bills

1,301,730,000

1,300,619,000

1,111,000

Nov

8

91

day

Treas.

bills

1,300.325.000

1,300,325,000

Nov 15

91

day Treas.

bills

1,302,809,000

1,300,403,000

Nov 23

90

day

Treas.

bills

Nov 27

201

day

Treas.

bills

1,250,725,000

Nov 29

91

day Treas. bills

1,100,013,000

Nov

U.

S.

1

Nov

Nov

Savings bds._

Depositary
1

Tax

bonds—

Antic'n

notes-

1,100,712,000

1,100,662,000

50,000

1,250,725,000

sinking
to

315,332^103

315,332,103
5.888,000

5,888,000

339,872,900

339,872,900

for

November—




8,017,407,003

6,102,022,000

1,915,385,003

Stuart

Sc

Co.

1970.

due
new

E, due Dec. 1, 1976.
Purpose
to repay advances from Central
parent, and for new construction.
Placed privately with two institutional

Co.,

*2 000,000

1,

1981.

construction.

privately

First Boston

with

Corp.

Co.

3V\%

institutional investors

Paper

Co.

general

4%

promissory note due
purposes.
Placed

corporate

through The

Co.

Corp. 4Va%
12-year promissory note.
Purpose, to
bank loans and for working capital.
Placed pri¬
with Prudential Insurance Co. of America through
Glore, Forgan Sc Co.

*1,500 000 Cory

repay

vately

♦4 000 000

Diamond

program.
Insurance Co.

Life

1963.

by
2 500 000

Co. 4%% promissory
expansion program.
Inc.

A.)

(C.

*900,000 Dunham

promissory note due annually
1968, inclusive.
Purpose, for
Placed privately with Metropolitan

Alkali Co. 3%
to July 1,

1957

1,

expansion

Purpose,

for

Dovenmuehle,

note due June 1,
Placed privately

convertible sinking fund debentures due
to retire bank loans and for
Price, at par and accrued interest.
Underwritten
by Barrett Herrick Sc Co., Inc.; Conu Sc
Company; Boenning & Co.; O. H. Wibbing & Co.; Courts
&
Co ;
Straus Sc
Blosser; Reed, Lear & Co.; Baker,

Fram

6%

Corp.

Purpose,

1966.

1,

capital.

working

Siinonds

Sc

Co.;

Mid-South

Securities

Co.;

Hancock,

Fraser, Phelps & Co.; Stirling, Morris
McDonald,
Evans & Co.;
Bioren Sc Co.;
Johnson & Co.;
Allen & Co.; Clayton Securities
&

&
R

H.

Co.;

Bousman;

Corp.;

Blyth & Co., Inc.

first mortgage bonds
Purpose, to repay bank loan and for
Price.
100%
and
accrued
interest

Light

Power. &

&
for

Certain-teed
Products Corp. 3%
promissory notes due
annually April 1, 1953 to April 1, 1966, inclusive.
Pur¬
pose,
for
expansion
program.
Placed privately witn
Equitable Lite Assurance Society of the United States.

Blackstock

privately through

Dec.

Pulp

Purpose,

Dec.

first mtge. and collateral lien

♦2,000,000 Indiana Gas & Water Co., Inc. 33'4% first mortgage bonds,
series B, due Sept. 1, 1980.
Purpose, for new construction.
*5,250,000 Kansas

1

Junior

6%

subscribed.

Fully

Co.

loans,

Gas

100.41%;

Price,

Halsey,

series

bonds,

bank
Sc

by

Investors.

Placed

Total

fund

repay

Placed

1,100,0~13~6()0

Offered

Co., Inc. and Thomas Sc

Electric

2,406~000

interest.

accrued

*500,000 Central Telephone Co. 3s/a%
,

Total for October

Nov

manufacturing

convertible debentures
due Dec. l,
1958.
Purpose, to repay RFC loan and for
working capital.
Price, at par.
Offered by company
for
subscription by stockholders, without underwriting.

July

1

bonds

and

Textile Mills

Bamberg

*2,011,000 Brunswick

Thornhill;

15

Savings bonds

industrial

other

$100,000 Arwood Precision Casting Corp. 4% unsecured debentures
due Oct. 1,
1961.
Purpose, for working capital.
I rice,
at
100%.
Offered
by
company,
without underwriting.

J. Lee Peeler Sc Co.; Frank S. Smith Sc Co.,

Oct

Antic'n

' :

*$4,977,000 General

common

Oct

Tax

of

group

$40,000,000

scribed.

Oct

Gas Corp.

100,000

Strader,

4
11

U. S.

sinking

privately with New York Life Insurance

debenturs due, Dec, 1,
stock (par $2.50)
in units of $100 of debentures and
10 shares of stock.
Purpose, to acquire Piedmont Gas Co. common stock and
for expansion and working capital.
Price, $150 per unit.
Underwritten by R. S. Dickson Sc Co.; Interstate Securities
Corp.;
The
Ohio Co.;
Southern Investment Co., Inc.;
and

1976,

Oct

Depositary

a

Corp. 4V4% first mortgage and
fund bonds due
Dec. 1, 1971.
($14,437,500) and for new construc¬
Place-d privately through Allen & Co.
insurance companies and institutional
■'
"--"t
Iron

&

trust

investors.

«'■

Natural

1,000,000 Carolina

Oct

1

Fuel

collateral

Placed privately by Wood,

Inc., as agent through Wood, Gundy Sc
Nesbitt, Thomson & C<% Ltd. and Societe de

Placements,

Oct

Oct

ETC.

Dec.

Purpose, refunding
tion ($15,562,500).

certificates,

Co.,

Courts Sc Co.;

Oct

COPPER,

Iron

&

due

Oversubscribed.

UTILITIES

for new construction.

&

Ltd.,

Co.,

1,379,497,206

238,000

Fuel

*30,000,000 Colorado

100,000

Gundy

1,168,000

1,250,958,000

COAL,

Corp. 4%%
15-year convertible
1,
1966.
Purpose, for expansion
program.
Price, at 100%
and accrued interest.
Under¬
written by Allen & Co.; Lehman Brothers; Union Securi¬
ties Corp.; Carl M. Loeb,
Rhoades Sc Co.; Bear, Stearns
& Co.;
A. C. Allyn & Co., Inc.; Auchincloss, Parker &
Redpath;
Blair,
Rollins
&
Co.,
Inc.; Hirsch Sc
Co.;
Salomon Bros.
Hutzler; Terry & Co.; Boettcher and Co.;
E. F. Hutton & Co.; Abraham Sc Co.; Gross, Rogers & Co.;
Hamlin & Lunt and
Peters, Writer & Christensen, Inc.

*$5,000,000 British Columbia Electric Co., Ltd. 3%% first mortgage
bonds, series G, dated Dec. 1, 1951 and due Dec. 1, 1976.

402,854,200

4,686,963,000

Corp.

AAll sold.

9,693,000

854,200

trust

2.25%

PUBLIC

272,350^006

9 693,000

492

equipment

$21,950,000

201,381,000
201,497,000

11 mos. ctfs. of indeb.

2%%

Ry.

STEEL,

IRON,

debentures

Purpose,

dated Jan. 1, 1952 and due annually from 1953
Purpose, for new equipnfent. Price, to

Purpose,

6

Sept

1952 and due semi-annually

1,

inclusive.

to 3.125%, according to maturity. Of¬
fered by Salomon Bros. Sc Hutzler; Drexel & Co.; Union
Securities Corp.; and Stroud Sc Co., Inc.

~~148~66(i
312,39+671
10,428,500
343,857,300

equipment

3Va%

1962, inclusive.

yield from

5,215,679,000

11,985,100,471 10,719,622,000

August

198,626,000

1967,

1,

1,101,993,000
1,100,004,000

bills

Treas.

91-day

RR.

for new equipment.
Price, to yield from 2.15%
to 3.20%, according to ma¬
turity.
Offered by Halsey, Stuart & Co. Inc.;
R. W.
Pressprich Sc Co.; Freeman Sc Co.; McMaster Hutchinson
& Co.;
and Wm. E. Pollock & Co., Inc.
Jan.

1,300, G19.000

Treas.

91-day

Louis

St.

&

certificates datd Jan.

trust
to

1,641,761,423

91-day

Chicago

York,

$1,950,000 New

4,005,326,000

2
9

Aug 1

201,145,000

5,647,087,423

Aug 16

Aug
Aug

American

Swiss

$10,000,000 Colorado

1966,

Rock Island & Pacific RR. 3% equipment trust
series L, dated Jan. 1, 1952 and due semi¬
to Jan. 1, 1967.
Purpose, for new equipment.
Price, to yield from 2.15%
to 3.15%, according to maturity*
Offered by Salomon Bros. & Hutzler; Drexel &
Co.; Union Securities Corp.; and Stroud & Co., Inc.

310,032,323

Depositary bonds__

91-day

15,

annually

201,328,000

1,201,681,000

91-day

July 19

Dec.

certificates,

198,820,000

1,201,731,000

bills
91-day Treas. bills

5

July 12

Aug

Ohio Ry. 3 Va % equipment trust certificates
15, 1951, and due semi-annually from June 15,

$4,950,000 Chicago,

New

Refunding

and

inclusive. Purpose, for new equip¬
ment,
Price, to yield from 2.15% to 3.25%, according to
maturity. Offered by Salomon Bros. Sc Hutzler; Drexel &
Co.; Union Securities Corp.; and Stroud & Co., Inc.
to

1952

OF FUNDS

Total Amount
$

for

15th

construction.

RAILROADS

at

May

•'

$$8,850,000 Chesapeake &

which

in

on

&

Co.;

Paine,

$112,300,000

.-r;"vr7.;.,'7'-V,

Security

Dated

sold

Fenner

Co.;

Than Five Years)

accrues

are

began

annum.

USE

July

sale

years,

notes

the

of

interest

three

Type of

Total

these

M.

Pierce,

Electric & Power- Co. 3%% first and refunding:.
bonds, series I, due Dec. 1, 1981.
Purpose, for
Price, 102.869% and accrued interest.
Offered by Union Securities Corp.; Alex. Brown & Sons;
Courts
Sc Co.;
R. S. Dickson & Co., Inc.; Francis
I.
duPont Sc Co.; Emanuel, Deetjen & Co.; Glore, Forgan Sc
Co.; Granbery, Marache & Co.; Hallgarten Sc Co.; Hornblower
Sc
Weeks; Johnson, Lane, Space and Co., Inc.;
Johnston, Lemon Sc Co.; Merrill Lynch, Pierce, Fenner &
Beane;
Rodman <fc
Linn;
Strader, Taylor Sc Co., Inc.

Long-Term Bonds and Notes (Issues Maturing: Later

1948.

maturity or three years interest approximate!

Harriman Ripley Sc Co., Inc.;

Co.

mortgage

During December, 1951

dated Dec.

1.40%
par

these

of

Securities

Co.;

Milwaukee

new

Federal

Fund,

Co.;

$20,000,000 Virginia

Life Insurance Fund, National Service
Deposit Insurance Corporation, and
Savings and Loan Insurance Corporation,
tNet retired.
Government

System.

Insurance

Comprised of separate issues designated Treasury notes of tax seriea

C-1947,

2,194,802,000

of special series certificates

12-year maturity,

2.53%;

and

26,200,894,000 24,006,092,000

year—

and notes; certificates
and Unemployed Trust Fund
and notes to Federal Old Age and Survivors Insurance Trust Account,
Civil
Service
Retirement
Fund.
Foreign Service Retirement
Fund,
Canal Zone Retirement Fund, Alaska Railroad Retirement Fund, Postal

?

maturity,

for

•Comprises sales

sold to Adjusted Service Certificates Fund

Comprised of three sepa¬

discount basis at 75, and yield 2.90%; series P have a
are

Total

b

v

Stone
&
Bacon,

by

(Inc.); Hornblower & Weeks; Kidder,
Lee Higginson Corp.; Lehman Bros.;
Marks Sc Co.; Mason-Hagan,
Inc.; Merrill

Sc

Northwest

39,876,000

577,756,000

&

Co.; The First Boston Corp.; First
Reid Sc Co.; Glore, Forgan & Co.;

Sc

Sulzberger & Co.;

Hall Sc

Lynch,

a

.

6.374,404,594

bank discount basis,

which

of

100

118,026,378,179
a

cn

100 7

305,164,400

December—

Total

a

a

4,952,000

537,880,000

December

Weld

White,

Corp.;

debentures due
loans.
Price,

Beane; Merrill, Turben Sc Co.;
Mullaney,
Wells <fe
Co.; Pacific
Webber, Jackson <fc Curtis; Prescott, Shepard & Co., Inc.; Rlter Sc Co.; Rotan, Mosle
and
Moreland;
Rowles,
Winston
Sc
Co.;
Schoellkopf,
Hutton
&
Pomeroy,
Inc.; Scott Sc Strlngfellow; Shields
&
Co.;
Smith,
Barney Sc Co.;
Spencer Trask Sc Co.;
Tucker, Anthony & Co.; Union Securities Corp.; Whiting,
Weeks & Stubbs and Dean Witter Sc Co.
Oversubscribed.

'

l7/a

100:..

296,177,194
v

V

The

Total for

47/a%

Co.

repay
bank
interest.
Offered

Fulton,

Co.;

Laurence

59,450,000

6

pay

Robert W. Baird Sc Co., Inc.; Blyth &
Bos worth, Sullivan & Co., Inc.; Central Re¬

Estabrook

Peabody

Dec 13

to

101.80%

Co.;

Inc.;

Hallowell,

247,304,000

\

-

'

3%%

Price,

accrued

and

Harris,
\

Sc Son, Inc.; Hallgartej

Purpose,

Transmission
Purpose,
to

Gas

1971.

Securities

Corp.;

8,017,407,003
>

& Marshall

Co.

1,

Southwest

December—

Foster

public Co. (Inc.); Clark, Dodge Sc Co.; Equitable

267,700,000
$20,396,000

4,500,000
110,321,000

Notes

Stearn.Clayto..

Bear,

Brothers;

Gas Co., Inc. 3%%
first mortgage
Purpose, for expansion program.
Placed
institutional
investors
through
White,

with

Sc

Co.,

November-

Certificates

Halsey, Stuar

by
Co.;

&

Byrd

Co.;

Corp.

1981.

Webster

$21,879,000

188,330,000

b

1

Power

1,

Whipple

Total for

Offered

Bache

&

Natural

102.25%

362,125,000
Total

Nov.

$23,329,000

139,780,000

116,451,000

Dec.

$25,000,000 Tennessee

99.164+ *1.497

Nov

Nov 1-30

2,187,450,000

12 yrs.

Nov

Nov 1-30

days

201 days

Certificates

refunding

($10,506,0001.

Anderson; Gregory

bonds, due 1976.

*1.619

1

Peck;

construction.

privately
Weld

25

interest.

Sc

Broome

Mohawk

due

new

October—
Oct
Nov

11

accrued

bonds.
($14,493,Price

mortgage

first

Purpose,

Corp.; Dick Sc Merle*-Smith;

*2,350,000 Piedmont

19,406,570,108

:

3%%

general mortgage
bank loans and
and
increased
interest.
Offered
by Morgan Stanley & Co.; Blyth
Sc
Co., Inc.; Glore, Forgan Sc Co.; Goldman, Sachs & Co.;
Lee Higginson
Corp.; F. S. Moseley Sc Co. and Schoellkopf, Hutton & Pomeroy, Inc.

439,762,000

120,270,000

560,032,000

August

b

Total
Total

for

Co.

1976.

construction

Adams

Stockton
Ellis &

bonds

September-

a

7,124,000

317,646,100

333,823,008
-

Total

1,

new

bond.

and for new
Smith,
Bar¬

&

for

l7/a

317,646,100

1

Inc.;

$15,000,000 Niagara

l7/a

4,984,843,000

Notes

lT/8

7,124,000

3 yrs.

Oct

Oct 1-31 Oct

100

Certificates

Smith,

mortgage

first

& Co.; Salomon Bros. & Hutzler; Stern Brothers Sc Co.;
Stifel, Nicolas Sc Co., Inc.; Stroud & Co., Inc.J Thomas &
Company; Van Alstyne Noel Corp. and Werthelm Sc Co.

August—

99.597+ *1.593

1,200,221,000

1,922,582,000

loans

through

Heller, Bruce Sc Co.; Merrill Lynch, Pierce, FenBeane; Mullaney, Wells Sc Co.; New York Hanseatk
Corp.; Wm. E. Pollock & Co., Inc.; R. W. Pressprich Sc
Co.; The Robinson-Humphrey Co., Inc.; L. F. Rothschilci

*1.646

Oct

bank

Co.;

ner

6,066,460,206

Oct

for

and

Co.;

Sc

July—

Sept 27

due

Securities

95,000,000

122,753,000

Co.

&

945.877.00C

Certixicates

414 %

Co.

Lighting

D,

Green,

2

492,854,200

Lighting

and

101.20%

due 1952and fox-

notes

serial

repay

privately

Co.

County

Island

Net Issued

81,097,000

9,693,000

492,854,200

to

Placed

400)

$

23,721,811,000 22,775,934,000

4 lA %

Co.

Purpose,

series

a

a

9,693,000

3 yrs.

1

Lighting

1976.
Purpose,
to repay bond loans
construction.
Placed
privately
through
ney & Co.

606,930,594

Retired

through

due

FINANCING

$

Sc

•1,100,000 Kings

103,538,486,000 14,487,892,179

Issued

*1.647

12 yrs.

Sept 1-30 Sept
Sept 1-30 Sept

County

inclusive.

construction.

-

•INTRA-GOVERNMENT

bank

repay

privately

Co.

Barney

296,177,194

4,952,000

11

convertible debentures
loans and for new
Smith, Barney

4V4%

Co.

to

Placed

new

296,177,194

December-

for

Purpose,

1961,

*1.646

Sept 13

Sept 1-30 Sept 1

&

*2,300,000 Kings

bonds—

Antic,

Lighting

County

1971.

construction.

$25,000,000 Long

1,102,635,000
1,202,609,000

Sept 20
4

due

$

11,985,100.471

August

Sept

*800,000 Kings

Indebtedness

b

Total

Aug 28

$

Savings bonds

S.

Depositary

Total
Total

Refunding

1,200,354,000

bills
bills
bills
bills

91-day Treas.
11 V2n10s.ctf.of indeb

Dec

343,857,300

New

Accepted
$

99.593

12 yrs.

1

Total Amount

Typo of
Security

Dated

%

3 years

Aug 1-31 Aug

Aug 1-31 Aug

(1439)

Rambo, Ciose Sc Kerner,

Inc.; George A.

competitively.
•Represents issues placed privately.
$Indicates issues sold

(Continued on page 12)

McDowell

12

(1440)

(Continued from page 11)
&

Frank

Co.,

Inc.;

C.

D.

&

Knowlton
......

Robbins

Co.;

—

Ss

Miller

Co.;

Williams

T.

C.

&

Brothers, Inc. and Taussig, Day Ss Co.,

j

*2,500,000 Kellogg
from

Co.

3V*%

...

1,

1969,

I

3'/a#

note

due

,

v

Dec.

,

refunding.

due

Dec.

:

1,

by

etc.

to

a

*550,000 McNeil Machine

&

}

company

subordinated

10-year

Purpose,

costs,

construction

]

Co.

1961.

($45,500)
Price, 100%.

($50,000).

limited

number

of

due

|

Dec.

'

15,

Engineering Co. 4 Va%

1961,

with

annual

and

;

*3,200,000 National

j

Gypsum

200,000

Purpose,

vately with

*20,000,000 Radio
1,

a

3V4%

of

of

America

Purpose,

for

institutional

3%

Dec.

instalment

notes,

4

4 000,000

V

is
V

1967,

Placed

in¬

pri¬

companies.

\/\2

*40,000,000 Rayonier, Inc. 3?i%
promissory note due Dec. 1, 1971.
Purpose, refunding ($10,250,000) and for expansion pro¬
gram ($29,750,00).
Placed privately with Prudential Insura nee

.

Co.

of

notes

due

and

I

Dec.

for

Placed

Controls

31,

1966.

expansion

privately

surance

Co.,

•'

America.

*3,000,000 Robertshaw-Fultoir

,

John

Massachusetts

and
the
New
England
through Reynolds Ss Co.

Mutual

Mutual

Life

Mutual
Life

Life

*1,000,000 St.

through

Helens

1955

to

Placed

*3,000,000 Speer

Insurance

Pulp

1958;

Blyth

Paper

&

Carbon

Inc.

expansion

*3,000,000 Warner

•;

%

construction.

1953-1966,
priof

due

Dec.

Electric

15,

capital.

1981.

Price, at

Corp.

3'/a %

Purpose,

30-year

debentures

Rock

Oil

July

"■

1

■'

promissory notes due Jan. 1,
Inclusive,
Purpose, for, expansion
privately with Penn Mutual Life In-

Co.

surance

4%

"y?'-:

LAND,

V';v-

BUILDINGS,

Inc.

3%

Nov.

1,

semi-annually from Jan. 1, 1953

to July

Purpose,
;

for

interest.

new

construction.

Offered

•800,000 Sheraton

Corp.

by

of

mortgage

Philadelphia,

Travelers

Insurance

Price,

C. Ziegler

B.

America
Co.

hotel.

1,

at

&

loan.

Placed

-■

due

Purpose,
•

'

for

$21,401,021

to

with

V

Columbia

Co., Inc. 2.85% unsecured notes due Feb.
1,
annually beginning Feb. 1, 1962.
Purpose, for,
capital.
Placed privately with two
institutional
Investors
through
Lehman
Brothers
and
Goldman,

note

due

„

Placed
New

10-year 3%% promissory
Purpose, for working capital.

1961.

privately

with

Mutual

Life

York.

Insurance

Co.

West

trust

*

,

Corp, first lien
due 1965. Purpose,

A,

Price,

at

par.

of

j
,

Inclusive.

capital

I
-

100,000 Paper

Corp.

5%-8%
1,

of

accrued

United

Purpose,
interest.

tures
••

-

due

for

10-year

Dec..

1,

1951

due

Gas

sinking fund

investors

Dec.

&

C.

Co.;

Loewi

The

&

Gardner;

Hutzler;

Co.;

Co.,

F.

and

Paso

S.

through

A.

Agency Issues
de¬

New-

Gas

for

&

(Province

($4,600,000 due Sept.
1971);
Purpose, for

of)
1,

3xk%
1971

and

Becker

&

&

Co.;

debenturs

The

Co,

100,000

10,000,000 New Brunswick (Province
of)
debentures,
due
Dec.
1,
($6,200,000)

etc.

Placed

15,
privately

1

;

t

'

I
i

and

and

for

accrued

new

Securities

19-year

1970.

construction

sinking fund
Purpose,
refunding

interest.

tures

York

(Township of), Ontario,
Canada, serial deben¬
($750,000, 4»/2%, due Oct.
15,
1954-71; $602,000,
15, 1954-61; $192,000,
4%, due Oct. 15,

4%%, due Oct.




per

curities

&

Inc.;

Peabody
Securities
Corp.;

&

Co.;

Smith,

Hornblower

&

The

&

McCormick

Oversubscribed.

preferred

Corp.

stock

50,000

(par

•

shares of

$10).

Standard

out

/

Life

Insurance

Public

Telephone

Corp.

vertible

preferred
stock
additional investments in

and

shares

$50).

common

of

Purpose,

stock

to

equities

of

make

...

Curtis;

Stone

&

A.

Co.;

Inc.;

C.

Ball,

William

.

Co.;

Blyth

&

Co.,

Inc.;

Bosworth,

Sulli¬

v

ginsori
&

Co.;

Pierce,
'waukee

Harrison

Co.;

Weeks

&

Co.;

The

Milwaukee

*

Inc.;

-

Telegraph

Co.

63,982

Purpose,

by

the

Co.

to

Price,

shares

of

com¬

bank

repay

at

loan3

Offered

par.

New

Purpose,

construction.

Kidder,

Loeb,

were

repay

Co.;

Blyth

Hallgarten

&

Co.;

Ss

Anthony & Co.;
Townsend, Dabney

Paine,

Co.;

bank

of

loans

share. '

per

&

Co.,

&

Co.

Inc.;
Inc.;
Hemphill,
W.
E. Hutton &
Co.;
Merrill
Lynch,
Pierce,

Blair,

(Inc.);

Parsons

shares

$23.12y2

Corp.;

Rhoades

Beane;

&

235,809

to

Price,

Peabody

Co.

Graham,

Co.;

Hampshire

$10).

(par

by '*

than
with¬

parent.

of

Ss

Rollins

Webber,
Wertheim

&

Co.;

Jackson
&

Co.;

&

Tyson;
Robinson &

Shontell

Watling,

&

Varick.

Lerchen
Ss

Co.;

E,

Ss
Curtis;
White, Weld

S.

Oversubscribed.

&

Co.;

Campbell,

McDonald-Moore

Naumafi,

Inc.;

Light

$20

scription

Harris,
Lincoln,

&

stock

common

Price,

&

Co.; Dean Witter & Co.; Hemphhill,
Graham, Parsons & Co.; Hornblower & Weeks;
Peabody & Co.; W. C. Langley & Co.; Lee HigCorp.; Lester, Ryons & Co.; Laurence M. Marks
McCourtney-Breckenridge & Co.; Merrill Lynch,
Fenner & Beane; Merril, Turben & Co.; The MilCo.; F. S. Moseley & Co.; The Ohio Co.; Pacific

Ss

&

Hughes & Co., Inc.;
Stifel,
Nicolaus
Ss
Co.,
Shumaker, Inc.,
and
Rogers &

&

Securities

M.

271,540 Western

&
Co., Inc.;
Brush,
Sldcumb Co. Inc.;
Campbell,
McCarty & Co., Inc.; Central Republic Co. (Inc.); Crowell, Weedon & Co.; J. M. Dain & Co.; Fulton, Reid & Co.;

Noyes,.

Masten

McFawn

&

$2.75
new

(par

per

by

Hall

Neb.,

Telephone
$10).

share.

Co.;

Co.;

Ss Co., Inc.;
Berrien Securi¬

Titus-Miller

common

Ss

Co.

acted

and

for

by

stockholders,
(Inc.),
as

Inc.

Purpose,
Offered

*Rep.esents issues placed privately.
{Indicates issues sold competitively.

new

First

Ss

Co.;

Co.;
S.

R.

Co.

13,577

without

The

Ss

shares

of

construction.

company

dealer-managers.

$108,708,254

by

McCarty

&

Co.,

cumulative

construction.

Underwritten

Bennett, Smith Ss Co.; Kenover, MacArthur
Livingstone & Co., and E. H. Schneider &

van

Carter H.

by

Noyes,

ties,

& Webster Securities Corp.; Mitchum,
Tully
Allyn and Co., Inc.; Robert W. Baird & Co.,
& Kraus;
Bingham, Sheldon & Co.;
&

E.

$100).

Republic

Crouse

Burge

Blair

Co.;
Inc.;

Austin,
Reid

S.

Davis

Raffensperger,

Telephone Co. 25,000 shares of
preferred stock (par $50».
Purpose, for
Price/ at par and
accrued dividends.

-

sub¬

temporary advances to them for redemption
bank
loans, etc.
Price, at par and accrued
Underwritten
by
Paine,
Webber,
Jackson
&

their

G.

F.

California

Collins

Se¬

A.

H.

Whiting,

Julien

1,250,000 Union

con¬

sidiaries and

interest.

Inc.;

&

,

Weeks;

(Inc.);
Paul

Fulton,

Blosser;

&

Webster

Co.,

First

Inc.;
&

Central

Dudley Co.,
Inc.; Folger, Nolan Inc.;
Lukens; Stroud Ss
Co.,
Inc.; Hanrahan & Co.; Chace,
Whiteside, West &
Winslow, Inc.; Maxfield H. Friedman; Kinsley Ss
Adams, T

Jefferson

4.75%

&

Co.

Harrison

Corp.;

Tucker,

for new condividends.
Placed

240,000

for

new

Central

&

Stone

Simmons;

Co.,

construction.

stock

Offered

cumula¬

Co.;

Hornblower

Co.;

Straus

Harris,

&

(par

Service

American

Co.

(par

&

Fenner

55-cent

&

by

Lynch,
Corp.; A. C.
Glore, Forgan

for

for

Carl

'

of

loans

Merrill

Boston

&

&

Corp.;

Co.;
&

new

common

j

Inc.;

&

A.

Co.;

Cohn

stock

subscribed

*

shares

bank

Inc.

for

and

'

Ss

Ss

subscription
by
stockholders
other
Telephone & Telegraph Co.,- the parent,
underwriting.
An
additional
566,928
shares

and

12,000,000 General

&

Kiser,

company
American

V $5,453,083

Co.;

W.

Securities

Ohio

Fairman

Inc.;

Purpose,

Price, at par and accrued
with
Travelers
Insurance
Co.

The

Tracy,

and

240,000
repay

Baird

Co.;

6,398,200 Pacific Telephone

bank

Inc.;

Witter

Co.;
O'Connor & Co.; Indianapolis Bond & Share Corp.;

Sills,

Barney
Weeks;

&

City

Co.,
First

Dillon

Ellis

Securities

Northwest

Doyle,
Co.;

Co.

Co.;
Oversubscribed. \

Co.

to

Curtis;

Chapman

McGann

Stubbs;

Sutro

(par. $25—convertible $

Harris,- Hall

Blunt

Cleveland

First

Pacific

&

Dean

underwritten

&

The

&

Robert
Inc.;

Co.;

Farwell,

Albert

Co.;

Co.

Co.;

Strader,-

Inc.;
Co.;-

Struthers

Co.

Eastman,
Sachs
&

Jackson

Co,

&

4

Trubee,
Alstyne Noel
Wagenseller Ss

Co.;

&

stock

Purpose,

Beane;

Inc.;

Corp.;
&

;

-

Price, $24 per share.
Offered
subscription by common stockholders..

Goldman,

Moseley

Co.;

&

Co.;-

Service

19611.

&

Webber,

Becker

cumu¬

share

Co.,

&

.<•

Co.;

Van

Wood,

(137,275)

Co.

Co.;

<fc

construction.

new

Fenner

Paine,

&

Co.,

Weeden

&

Yarnall

Blyth

and

by White, Weld & Co.;
Corp.;
Lehman
Brothers;
Blyth
&
Co.,
Inc.;
Glore,

and

Public

preference

1,

&

Co.;

Co.;

(Inc.);

mon

repay

&

shares

&

Scran-

5'%%
to

&

Williston

for

Allyn

&

Underwritten
Co.

*500,000 Florida Telephone

Kidder,

*1,793,000 North

of

Purpose,
Price, $102

Indiana

Dec.

Pierce,

Bosworth, Sullivan & Co., Inc.; Laurence
Co.; McCormick & Co.; Irving Lundborg &

&

Ohio

Lerchen

in

4'/2%

($3,800,000). Price,
Underwritten by Halsey,
Inc.; Union Securities
Corp.; Salomon Bros.
& Hutzler; Lee
Higginson Corp.; Blair, Rollins Ss
Co. Inc.;
Coffin Ss Eurr
Inc.; Hayden, Stone Ss
Co.; Hornblower &
Weeks; L. F. Rothschild &
Co.; Harris, Hall & Co.
(Inc.);
American Securities
Corp.; The Milwaukee Co.; Thomas
& Co.; Byrd
Brothers; H. M. Payson &
Co., and Wm. E.
Pollock & Co., Inc.
98.12%^

Stuart Ss Co.

shares

(par $100).

Wood

Corp.;

Dann

Walker
J. R.

Republic

Moreland; Salomon
W.

Securities

Dulles & Co.,

for

Stern Erothers

company
Unsubscribed

Co., Inc.; Mead,
Moore,
Leonard
&

Chas.

H..

Co.;

E.

by

$5,000,000 due Sept.

improvements,

through Lehman Brothers; Equitable
Securitie-s of Canada
Ltd.; Bear, Stearns &
Co., and Oldfield, Kirby &
Gardner,
Ltd.
.

and

Co.;

privately
fund

W.

Co.;

Suplee, Yeatman &
Corp.; Talmage

Common,-

G.
&

cumulative

through

Oversubscribed.

Kidder,

Union
&

Marks

struction.

sinking

&

Vietor,

Harold

&

Union

Co.;

Inc.;

Wurts,

~

Corp.;

& Mason, Inc.; Smith, BarSmithers & Co.; William R. Staats Ss

Inc.;

Durst,

&

Co.;

&

4.56%

Colket

American

Corp.;

Co.;

Marks

Co.,

6,000,000 Northern

Penington,

S.

Newburger &

Hanseatic

Horner

F. S.

Swiss

Westheimer

Co.;

Co.;

York

Co.;

Co.;
F.

Christensen, Inc.; Prescott, Shepard &
Riter & Co.;
Wm. C. Roney <fc Co.; L.
F.
&
Co.;
Sage,
Rutty & Co., Inc.; Scott &

&

Collins

&

Co.;

&

& Co.;

Co.;

Co.;

&

and

New

*

<fc Co.;
Ryons &

Lundborg
&

'

Co.;

Kidder

McDonald

Turben

;

<fc

The

&

A.-M.

Lester,

•

Janney

Jones

Langley

Brothers;

McFawn

Co.;

Corp.;

H.

Irving
Inc.;

Hirsch

&

Co.;

C.

Merrill,

Co.;

Co.;

Share

T.

W,

Inc.;

&
&

Starkweather

Co.;

&

Co.;.

Co.;

Co.;

&

Hutton

Taylor &

Lehman

&

Mitchell

Writer

neyney

Co.;

working capital.

Webster

Co.;

tive

CANADIAN GOVERNMENT

M.

&

Mason-Hagan,

Newton

Co.yv Jnc.-;

new

E.

Bond

Hopkins,

Patton

E... M.

Hcrrman
W.-E.

Kean,

Corp.J

Coe;

Stringfeliqw;...Scott,

Robinson-Humphrey Co., Inc.;

*

*$9,600,000 Manitoba

Inc.;

Co.,

Inc.;

&

&

Rothschild

•

Rotan, Mosle and Moreland; Shuman,
Agnew & Co.; Vietor, Common, Dann & Co., and
Watling,

Purpose,
G.

Co.;

Wurts, Dulles & Co.

dividends.
&

G.

Co.;

consolidated

&

Laurence

Richter

Smithers

and

accrued

Stone

M.

2.20%

The

Scherck,

Natural

Shields

bentures dated Jan. 2, 1952 and due
Oct. 1, 1952.
Price, at par. Offered by MacDonald
comb, New York, fiscal agent.

Co.;

Milwaukee

preferred stock

&

refunding.

&

Roney & Co.; Rotan, Mosle

&

&

Forgan

Banks

Co.;

loans

deben¬

$G,470,000

Farm Loan and
Government
•101,985,000 Federal Intermediate Credit

Cassell

Co.;

C..;Jones

Co.,

Little

Peters,

Stern, Frank, Meyer &
Fox;
Strader,
Taylor
&
Co.,
Inc.;
Straus
&
Blosser;
Stroud & Co., Inc.; Sweney
Cartwright & Co.; Thayer,
Baker & Co.; J. W. Tindall &
Co.; Vercoe & Co.; Westheimer and Co.; J. R. Williston &
Co.; Harold E. Wood

interest.

institutional

F.

&

Henry

&

Kirkpatrick-Pettis

O'Brian,

common:

Blair

Co.;

Moseley & Co.;<Nauman,

-

Mullaney, .Wells & Co.; W. H. Newbold's Son
Olderman, Asbeck & Co.; Paine. Webber, Jackson
Curtis; Penington, Colket & Co.; Reed, Lear & Co.;

ton

15, 1966.
Purpose, to finance acquisition
Corp.
Price, 100% and accrued

privately
with
Eastman, Dillon & Co.

C.

William

Co.;

Inc.;
Fahey, Clark & Co.;
Ferris
&
Company;
The
First

..

Indianapolis

Robert

McJunkin,
it;

&

Higginson

Co.;

Coffin

lative

41/a%

Corp.

&

Bros.

working capital.
Price, 100% -and
by company to public, without

Gas

Sons;

&

Dick

Co.

Co.;

Hutton

&

Co.;

Lee

Co.;

Wm.

profit-sharing
and

&

Reinholdt

Jan.

10,000,000 El

Dec.

Rulane
Placed

&

Offered

Propane

of
:

States

dated

underwriting.
•3,500,000 Suburban

dated

Bioren

Bodine;

Reid

Co.;

Mackall

Lynch;
&

note

& Co.;

Mason-Hagan, Inc.; Carl McGlone

Miller

Nebraska.

of

debentures

1961.

Co.;

collateral

to Jan. 1, 1962,
refunding ($180,000) and for working
Placed privately with
Bankers Life

Purpose,

($160,000).

Insurance Co.

and

for equipment
Underwritten by

*340,000 May Brothers Co. 5%
serial promissory
1, 1952, due semi-annually July 1, 1952

,

\

Gas

series

and
plant expenditures.
Bio.ren & Co.

!

|

Propane

bonds,

of

&

Co.;

F.

Taylor

shared

&

&

Hentz

Co.;

&

Co.;

Rhoadeg
30,000 Key

&

and

Purpose, to reduce bank loans and for

&

Co.;

&

E.

Kalman

& Burr,
Inc.; Cohu & Co.; Julien
Cooley & Co.; Courts & Co.; R. L. Day &
Co.;
Dempsey & Co.; Dempsey-Tegeler & Co.; Dick &
Merle-Smith; Eastman, Dillon & Co.; Emanuel, Deetjen
& Co.; Estabrook & Co.; Clement A. Evans & Co., Inc.;
Ferris & Co.; Geyer & Co., Inc.;
Granbery, Marache &
Co.; Hallgarten & Co.; Hanrahan &
Co.; Hornblower &
Weeks; Janney & Co.; Jenks, Kirkland & Grubbs; A.
M. Kidder
&
Co.; Lee Higginson Corp.; Carl M. Loeb,

Stores, Inc.

1,

&

H.

Co.;

Strudwick; Bache & Co.; Baker, Watts & Co.;
& Harden; Baumgartner, Downing & Co.;

Brown

Collins

.

Retail

April

1,501,828

Crouter

Corp.;

&

Co.;

Oversubscribed.

Inc.

1
-

First of Michigan Corp.; Folger, Nolan
& Co.; Robert Garrett & Sons; Glore,
Goldman, Sachs & Co.; Goodbody & Co.;
Goodwyn
&
Olds;
Granbery,
Marache
&
Co.;
Green',
Ellis
& Anderson;
Ira Haupt & Co.; Hayden, Miller &

Corp.j

&

Stearns

Clark

'

.

*500,000 Consolidated

Co,

Townsend,

&

Evans

Fulton,

Inc.;

Weeks

Alex.

Tea

Co.

&

System,

(no par).

Bear,

due

&

Gas

Anderson

working
Sachs

Shimel

Inc.,

Co.;

•*

A.

Cleveland

construction.
Price, $14.25 per share. Offered by company
for
subscription by common stockholders.
Underwritten
by Merrill Lynch, Pierce, Fenner & Beane; White, Weld &
Co.; R. W. Pressprich & Co.; A, C. Allyn & Co., Inc.;
Aim, Kane,
Rogers & Co.;
American' Securities

MISCELLANEOUS

.

G.

Co.,

&

'

Dominick

Steele

Forgan

&

& Scribner; Harold
Caldwell Phillips Co.

&

Stearns

-

Co.;

-

Fauset,

Starkweather & Co.;
&
Co.
Inc.;'

Boyer

Bear,

-

Burge

&

&

Co.;

Ehrman;

Co.;

Ball,

Eichler

Central

Haven

Illinois

&

&

Harden;

Bateman,

1

W.

Drexel & Co.;

Clement

construction.
Price,
at par and accrued divi¬
Underwritten by Indianapolis Bond & Share Corp.-;
Inc.;
Thomas
J.
Doherty;
Wefel
Ss

Baker,

19.71,

"

Sullivan

and

Co.;

Robert

Co.;

& Dominick; J. H. Drass & Co.,
Dreyfus & Co.; Eastman, Dillon <fe Co.;
Elkins, Morris & Co.; Elworthy & Co.; Emanuel, Deetjen
&
Co.;
Equitable
Securities
Corp.;
Estabrook
<fc
Co.;

Deane

Co.,

&

*

Auchin-

Corp.;

De

Co.;

new

stock

$1,225,000

*$2,000,000 Jewel

&

Strudwick;

&

Winslow

&

Inc.;

Inc.

dends.

accrued

privately

.y:

Singer,

Courts

&

Downing

Merle-Smith;

first

and

and

Co.;

Foelber-Patterson,
Maxfield;
DeWees

1964, inclusive.

par

&

Bosworth,

Barth

J.

loans.
Price,
Stanley & Co.;

Morgan

Anderson

common

bank

repay

by

Redpath;
Bache
Inc.; Baker, Weeks &

Co.,

.

National Corp.;
Chace,
Whiteside,
Inc.; E. W. Clark & Co.; Richard W.
Clayton Securities Corp.;
Cohu
&
Co.;
C. C. Collings & Co., Inc.; Julien Collins & Co.; George R.
Cooley & Co., Inc.; Curtiss, House & Co.; Davenport &

1,250,009 Citizens' Independent Telephone Co. 25,000 shares of 5%
cumulative preferred stock, series A' (par $50).
Purpose,

yv'

3%%

Co.;

Corp.;

1,000,000 shares of

to

&

Sherrerd;

West

Clarke

Corpry Dean

to repay bank loans.
Price, $50 per share and
dividends.
Underwritten by Paine, Webber, Jack¬
Curtis; Loewi Si Co.;
Lee Higginson Corp.; The
Milwaukee Co.; George D. B. Bonbright & Co.; McCormick Si Co.; Rogers & Tracy,
Inc., and Scott, Horner &

Co.

mortgage

Pa.,

to

1951,

&

&

.

Whelen & Co.; Blair, Rollins & Co. Inc.; Blyth
Inc.; Boettcher and Co.; George D. B. Bonbright &
J. C. Bradford & Co.; Alex. Brown & Sons; Butcher

Co.;

by

Ingalls

,

Co.,'

&

common

Inc.;

Parker

Kraus;

&

&

Robert

Society of Saint Paul,
mortgage' serial
bonds
dated

Co.

of $1.76 cumu-

$30).
Purpose, for
share.
Underwritten

(par
per

Biddle,

accrued

ETC.

$425,000 Pious

&

Corp."

Offered

Boston

Baumgartner,

Purpose,

Mason,

1961,

Placed

program.

'

Corp.

1,

Brothers

Wood

son

OIL

to

&

u

tr

,

Oversubscribed.

Co.

Purpose,

share.

First

Baird

Oversubscribed.

•201,456,500

♦$1,000,000 Deep
1955

Securities

Baird

&

par).

per

closs,

1,000,000 Central Telephone Co. 20,000 shares of 5.40% cumulative
convertible
preferred stock
(no par—stated
value $50).

for

:

W.

Robert

(no

The

(Inc.); W. C. Langley Ss Co.;

American

Corp.;

Co.;

Kirkpatrick-Pettis Co.;

expansion and working
Placed privately with institutional
Loeb & Co.; The First Boston

par.

investors through Kuhn,
Corp. and Drexel & Co.

Higginson
&

and

-

Strauss

S.

$24.25

new

-Offered

preferred stock
Price, $32.25

Niagara Mohawk Power
stock

& Burr, Inc.; Paine, Webber, Jack¬
Union Securities Corp.; Blair, Rollins & Co.

Curtis;

Stern

E.

<•

Boston

First

J.

and

Coffin

Snyder; Janney & Co.; The Ohio Co.;

Swascy Co. 3%%
15-year promissory notes
due
$300,000 annually Dec.
1,
1957
to
Dec.
1,
1966,
Inclusive,
purpose, for expansion program.
Placed privately with Prudential Insurance Co. of America
through'
Smith, Barney & Co.
yv,""'
.■ f;-

<■

«

Corp.; W. C. Langley & Co.; A. C.
Allyn
& Co., Inc.;
A. G. Becker & Co. Inc.; Central
Republic Co. (Inc.); Glore, Forgan & Co.; Harris, Hall &
Co. (Inc.); Hemphill, Noyes, Graham, Parsons & Co.; The
Milwaukee Co.; Quail & Co.; Kramer-Gardner Co.; Boenning & Co.; Leriche, Allen & Co.; Lester, Ryons & Co.,

,

(other than New England Public Service Co.).
shares (149,188) -underwritten by The First

Corp.;

Witter

preferred

for

and

convertible

construction.

by The

100,000 shares

Utilities Co.

Southern

lative
new

stock

common

share.

per

by

Inc.; Central Republic Co.
Lee

the

&

*125,000,000 Westinghouse

&

son

subscription

for

Unsubscribed
Boston

$17.62 V2

Price,

stockholders

due

purposes.

Placed

program.

J

,

V$24,250,000

$2,897,656 Central Maine Power Co. 164,406 shares of
(par $10).
Purpose, to repay- bank loans

"

promissory notes due

for

note

corporate

Co.,

Oversubscribed.

company

promissory

Ss

Elctric Co. 40,000 shares of 5'/*%
cumulative preferred stock (par $100).
Purpose, to repay
bank i0ans and for new construction.
Price, at par and
accrued dividends.
Underwritten by Kidder, Peabody &
Co.; Estabrook & Co.; Merrill Lynch, Pierce, Fenner &
Beane; Carl M. Loeb, Rhoades & Co.; Schoellkopf, Hutton
& Pomeroy,
Inc.; Spencer Trask Ss Co., and Putnam &
Hudson Gas &

Central

3,000,000 Iowa

656,793 Central Maine Power Co. 150,740 shares of common stock
(par $10).
Purpose, to repay bank loans and for new
construction.
Price, $17.62per share. Underwritten by
The First Boston Corp.; Coffin & Burr, Inc.; Paine, Web¬
ber,
Jackson
&
Curtis;
Union Securities Corp.; Blair,
Rollins & Co. Inc.;
Central Republic Co. (Inc.); W. C.
Langley & Co.; Lee Higginson Corp.; American Securities
Corp.; Dean Witter & Co.; Robert W. Baird & Co. Inc.;
Ingalls & Snyder; Janney & Co.; The Ohio Co.; Stark¬
weather & Co.; Stern Brothers'& Co.; Bosworth, Sullivan
& Co. Inc.; Kirkpatrick-Pettis Co.; Singer, Deane & Scribner; Harold E. Wood & Co.; Courts & Co., and Caldwell
Phillips Co.
Oversubscribed.

,

general

Blyth

4J/i%

Purpose,

Inc.

3>/a%

Co.

for

through

Co.

Co.,

&

Purpose,

privately

inclusive.

•

Co.

-

300,000 Indiana Telephone Corp. 3,000 shares of 4.80% cumulative
preferred stock (par $100).
Purpose, for improvements.
Price,
at par and
accrued dividends.
Underwritten by
City Securities Corp.
Oversubscribed.

,

-

Insurance

vately with The Equitable Life Assurance
Society
United States through Lee
Higgtnson Corp. ; ;
.

In¬

Pulp & Paper Co. 4% promissory note due
Purpose, for general corporate purposes.
Placed

privately

i

.'v.."

Helens

1968.

,

v".

Hancock

Co.

*3,000,000 St.

,

•

37/8%

15-year promissory
refunding ($1,846,000)
working
capital
($3,154,000).

and

with

the

Co.

Purpose,

of common
Bonds and

shares of com¬
(par $100).
Purpose, to reduce bank loans.
Price
at
par.
Offered by company for subscription by
common stockholders, without underwriting.
,\
\

Co.

promissory notes due May
Placed privately
capital.
through Lehman Brothers.

»

stock

mon

15,

Co.

by Blyth & Co., Inc.;- Collett & Co., Inc.; City
Corp.; Hemphill, Noyes, Graham, Parsons &
Indianapolis Bond and Share Corp., and Kiser, Cohn
& Shumaker, Inc. *

preceding column of this article.

a

Weld &

White,

Securities

Carolina Telephone & Telegraph Co. 41,650

165,000

payable

1,

Natural Gas Corp.
100,000 shares
$2.50).
See under "Long-Term

In

—

and
*

Co.;

(par

Notes"

"

working

investors

stock

without !

repayments each

insurance

;

«—

Co.,

&

written

UTILITIES

PUBLIC

$500,000 Carolina

promissory notes

July 1, 1959 to Jan.
expansion program.

for

group

Corp.

1974.

with

Co.

semi-annually

clusive.

!
v

for

beginning Dec. 15, 1952.
Purpose, for expansion program.
Placed privately with The Prudential Insurartce Co. of
America,
: '

par

.

Offered

investors,

underwriting.

|

debentures

refunding

stated

a

/
'

*95,500 McLaurin-Jones

of

prepayments beginning Dec. 1, 1952.
Placed privately with two insurance

companies.

1

value are taken at par, while preferred stocks of no par value and all classes of common stock are
computed at their offering prices.)
stocks

»

1,414,961 Indiana Gas & Water Co., Inc. 66,000 shares of common
stock
(par $10).
Purpose, for new construction.
Price,
$21.25
per
share to stockholders and $22.50 per share
to
public.
Offered
by
company
for
subscription
by
common stockholders.
Unsubscribed shares (9,969) under¬

STOCKS
(Preferred

oi«ow

Lerchen

Watling,

Oversubscribed.'

1

$21,393,000

$500,000

promissory

Inc.;

;

,

'1'-

Co.

annual

Co.; William

etc.

Brothers;

Equitable
and Bear, Stearns Ss Co.

Booker

Trust.

Chemical

with

Purpose,

,

improvements,

for

Lehman

Co.,

annually
1, 1957 to 1961, Inclusive.
Purpose, for exprogram.
Placed privately with W. K. Kellogg

*42,000,000 Mathleson
•

due

notes

George;
Inc.
<

&

Dec.

pansion
Foundation

t

serial

due Nov. 15, 1954-71). PurPlaced" privately through
Securities of Canada Ltd.,

1954-5G; and $249,000 4>/2%,
puso,

J

for

sub¬

underwriting.
Trust

Co.

of

Oversubscribed.

■

,.

tyil-^f^^

Number 5105

Volume 175

.

.

Co.

10

COPPER, ETC.

COAL,

STEEL,

IKON,

cents).

Offered

by

Tegeler

Co.,

E.

&

stock
at

INDUSTRIAL

'•

-

-

Co.

public.

G. Becker

Inc.;

to

by common

underwritten by

(2,351)

Co., Inc.; American

C. Allyn &

A.

share

per

subscription

by

& Co.

$112.50

and

company for
Unsubscribed shares

Offered

stockholders.
A.

stockholders

to

Robert W.
Blair & Co.;
Blyth & Co., Inc.; Bosworth, Sullivan & Co., Inc.; Central
Republic Co. (Inc.); Eastman, Dillon & Co.; F. Eberstadt
& Co. Inc.; Glore, Forgan & Co.; Goldman, Sachs & Co.;
Harriman Ripley & Co., Inc.; Hemphill, Noyes, Graham,
Parsons & Co.; Hickey & Co., Inc.; Hornblower & Weeks;
Kidder, Peabody & Co.; Kuhn, Loeb & Co.; Ladenburg,

Securities

Baird

;

Co.,

Emerich

Ames,

Corp.;

&

Inc.;

&

Inc.;

Co.,

Barth & Co.; William

J.

&

McCormick

Lehman

Co.;

Loewi

Brothers;

stock

mon

Price,

$3

(par

%
,

.

,

"

R.

Laboratories,

share.

of

shares

25,000

Inc.

for general corporate

Purpose,

Offered

by

for

company

stock
Price,
subscription by

sion

'

employees.

637,500 Broderick

&

by

McCormick

Richards

•

.

■

repay

V

&

Investment

Price, $8.50 per share. Underwritten
Co.; Stifel, Nicolaus & Co., Inc.; Hill
Newhard, Cook &
Co.; J. R. Phillips

&

Co.;

and

Co.,

Coffee
class

Time

I.

A

Products

Simon

M.

•

"

&

Oversubscribed.

Co.

&

stock

common

Price,

program.

Co. and

shares of
(par $1).
Purpose, for expansion
share.
Offered by Luckhurst &

$4

America,

of

Co.;

per

,

for

(par

50

Durst,

Price,

v

/

cumulative
convertible preferred stock
(par $100).
Purpose, for ex¬
pansion program.
Price, at par.
Underwritten by The

JFirst

Co.

Alkali

Boston

shares

120,000

Sachs

Goldman,

Corp.;

4.40%

of

Weld

&

Hemphhill,

Grahham, Parsons

Noyes,

Co.;

Chaplin

&

Co.;

Merrill,

Turben

Dean

Eberstadt & Co. Inc.;

Co.; Clark, Dodge & Co.; F.

Witter

Bacon,

Co.;

&

Whipple

Hornblower
&

Auchincloss,

Co.;

&

&

Singer,

Co.;

Ball,

Co.;

& Kraus;
Higginson

Burge

&
&
Scribner;
Redpath;
Coffin &

Corp.; A.
Lynch; Prescott,
Inc.; Rotan, Mosle & Moreland; Spencer
Trask & Co.; Tucker, Anthony & Co.; Robert W. Baird &
Co., Inc.; Baker, Watts & Co.; E. W. Clark & Co.; Curtiss,
House & Co.;
Field, Richards & Co.; Goodbody & Co.;

Burr,
E.

Inc.;

First

Masten

Shepard

&

&

Southwest

Co.;

Lee

Co.;

&

Leonard

Moore,

6,071,159

& Co

&

The Ohio Co.;

;

Illinois

The

Co.;

Piper, Jaffray

Co.; McJunkin,

Pacific

Northwest

Scranton

&

L.

B.

264,836

Chas.

Co.;

&

Dann

202,448

Exolon

shares

12,653

for

working

Price, $16 per share.
by common

of

stock

common

capital

(no

expansion

and

without

91,859

Corp.

M.

Loeb,

shares

of

i

stock

.

,

.

Co.;
ties

Oversubscribed.

United Fire & Casualty Co, 2,161 shares of capital stock
(par $10). Purpose, to increase surplus and capital. Price,
$26 per share.
Offered by company for subscription by
stockholders, without underwriting.

56,186

$17,664,122

Co.;
Co.;

Paine,

Jackson

Webber,

Curtiss,

House

&

&

Curtis;

&

Co.;

Paul

Stroud

Ashland Oil & Refining Co.

*

Laird,
Steele

(par
—

10

share.

and

expenses

of

for equipment,

Purpose,

cents).

drilling

shares

working

capital.

&

Stock Plan.

stock

(par

share.

&

Baird

&

Inc.;

A.

Co.

Inc.;
Best

&

&

(Inc.);

Co.

Doolittle

stock
exploration and
Price,
$1
per

shares

Bingham,

A.

Co.,

Inc.;

of

common

G.

&

Co.;

Edwards

&

Price,

A. C.
Robert W.

& Co.; Bell & Farrell,
Sheldon & Co.; Blair,
H. M. Byllesby

Blunt Ellis & Simmons;

Cruttenden

Co.;




Co.;

&

Simonds

Baker,

&

Co. Inc.;
&

Emerich

Ames,

Co., Inc.:
C.

Rollins

200,000

Paul

H.

Sons;

&

Oversubscribed.

Co.

stock (tiar
Higginson
Oversubscribed.

(A. M.) & Co. 6,000 shares of common
Price, $16.25 per share. Offered by Lee

and Blunt

for

by

Standard

Oil Co.

Ellis &

Simmons.

1325,000 Chicago Pneumatic Tool Co. 5,000
convertible
preference stock
(no
Offered

share.

Spencer Trask

by

shares of $3 cumulative
par).
Price, $65 per
& Co. Completed.
-

4,390,745 EI Paso Natural Gas Co. 124,120 shares of common, stock
(par $3).
Price, $35.37V2 per share. Offered by White,
Weld & Co.
Oversubscribed.

(New Jersey).

1,137,500 Fram Corp. 100,000 shares of common stock (par 50 cents).
Price, $11.37,/2 per share.
Underwritten by Barrett Her¬
rick & Co., Inc.; Cohu & Company; Boenning & Co.; O.
H. Wibblng & Co.; Courts & Co.; Straus & Blosser; Reed,
Lear & Co.; Baker, Simonds & Co.; Mid-South Securities
Co.; Hancock, Blackstock &' Co.; Fraser, Phelps & Co.;
Stirling, Morris St Bousman; McDonald, Evans & Co.;
Bioren & Co.; R. H. Johnson & Co.; Allen & Co.; Clayton
Securities Corp.;
Rambo, Close & Kerner, Inc.; George
A. McDowell & Co.; Frank Knowlton & Co.; C. D. Bobbins

Co.

to

Petroleum Corp. 287,070

$1).
Purpose, • for
capital;
Price, at

1953,400

Hotel

/:/' '

Corp.

Miller & George and Da vies &

Co.

Glidden Co. 22,700 shares of common stock
Price, $42 per share.
Offered by Goodbody &

'

pleted.

.

.

(no par).
Com-

Co.
...

.

Walker-Gooderham & Worts, Ltd. 36,000 shares of
stock
(no
par).
Price, $52 per share. Offered
Smith, Barney & Co.

1,872,000 Hiram
'

Davis

Harris,

&

Co.;

Hall

&

by

775,000 Hubbell
(Harvey), Inc.
(par $5).
Price, $31 per

Department
Stores, Inc.
250,000 shares of
common stock
(par $5).
Purpose, for expansion program.
Price,
$40.12'/2
per
share.
Underwritten
by Lehman
Brothers; A. G. Becker & Co. Inc.; American Securities

Bache & Co.; Bacon, Whipple & Co.; Robert W.
Co., Inc.; Ball, Burge & Kraus; J. Barth & Co.;
Eichler & Co.; Bear, Stearns & Co.; Boettcher
and Co.;
Bosworth, Sullivan. & Co., Inc.; Alex. Brown &
Sons; Burnham and Co.; Campbell, McCarty & Co. Inc.;
Courts & Co.; Eastman, Dillon & Co.; Emanuel, Deetjen

I

.

,

&

(par
&

Hayden, Stone & Co.; Hemphill, Noyes, Graham,
Co.; H. Hentz & Co.; Hill Richards & Co.;

Inc/

Parsons
Hirsch

&

Co.;
Hooker & Fay; Hornblower
Weil, Labouisse, Friedrichs & Co.; E.

&

& Weeks;
F. Hutton

Co.;
Indianapolis
Bond' & Share Corp.;
Johnston,
Lcrnoh & Co.; Kalman St Co., Inc.; Kidder, Peabody & Co.;
&

Kuhn,

Loeb

Rhoades &

&

Co.;

Co.;

Lazard

Laurence M.

& Co.; Carl M. Loeb,
Marks & Co.; Merrill Lynch,

Freres

Co.; F. S. Moseley
Pacific Northwest
Co.; Paine, Webber, Jackson & Curtis;, Piper, Jaffray &
Hopwood; Prescott, Shepard & Co., Inc.; R. W. Pressprich
& Co.; Rauscher, Pierce & Co. Inc.; Reinholdt & Gardner;

Pierce, Fenner & Beane; The Milwaukee
<fe Co;; Newburger & Co.; The Ohio Co.;

Creek

1573,500 Island

Co.; The First Boston Corp.; First of Michigan Corp.;
Forgan
& Co.;
Goldman, Sachs & Co.; W. D.
Gradison & Co.; Hallgarten & Co.; Harriman Ripley &
&

Co.,

Co.;

1 472,500
■*

V

&

Barney

Smith,

Glore,
-

&

1456,320 Iowa-Illinois Gas
stock
(no par).

•

Bateman,

25,000 shares of common stock
share. Underwritten by Paul H.

Estabrook & Co.; H. M. Byllesby
(Inc.); Lee Higginson Corp.; Chas. W. Scranton
and Shillinglaw, Bolger & Co.
Oversubscribed.

Davib

Corp.;

Baird
.

.

common

Purpose, for working
capital.
Underwritten by Loewi & Co.;

$5):

per

$11.75

Allyn

Co.

Harris, Inc."; Stein Bros. & Boyce; I. M. Simon
&
Blosser; Sutro & Co., and WatlJng,

&

Straus

Co.;

Lerchen

7,965 shares of common stock (par $10).
retire loans. Price, $33.25 per share. Offered
by company for subscription by minority common stock¬
holders, without underwriting.
In addition, 31,693 shares
were
subscribed for by South Penn Oil Co., the parent.
Pennzoil

Howard,

Manufacturing

Gardner;

Fairman

of common
capital, etc.

Co.;
Indianapolis Bond and Share Corp.;
& Co.; Mullaney, Wells & Co.; Reinholdt
Schwabacher & Co.; Robert Showers; Sills,

Ryons

Lester,

$10,031,250 Federated

Co.;

&

Oversubscribed.

2,350,000 Hamilton

&

Chapman

MISCELLANEOUS

Throckmorton

Peter Morgan & Co. "as a speculation."

Offered by

Emerich & Co., Inc.; Bache & Co.; Bull,
Robert W. Baird & Co., Inc.; Blunt Ellis
J. M. Dain & Co.; Dixon
Deetjen & Co.; Farwell,

Kraus;

Simmons; Julien Collins & Co.;
Bretscher Noonan Inc.; Emanuel,
&

6,653 shares of common stock. Pur¬
pose, for working capital,
Price, $30 per share. Offered
for subscription by stockholders, without underwriting.

'

•

Turben & Co.; Prescott, Shepard

400,000

Corp.

Ames,

Co.;

Burge &

20,000

OIL

$1).

(par

Inc.; G. H. Walker & Co.; Henry Dahiberg & Co.;
Fahey, Clark & Co.; Merrill Lynch & Co. Inc., and Scott,
Horner & Mason, Inc.
Sulphur

13,250 shares of common slock
share. Offered by A. Q.

per
Completed.

Inc.

Co,

&

1,700,000 Baxter Laboratories, Inc. 100,000 shares of ccmmon stock
(par $1). Price, $17 per share. Underwritten by Lehmaa
Bros.; Glore Forgan & Co.; Bear, Stearns & Co.; Goldman,
Sachs & Co.; Wertheim & Co.; White, Weld & Co.; Bacon,
Whipple & Co.; J. Barth & Co.; William Blair & Co.; J. C.
Bradford
& Co.;
Dempsey & Co.; Harris,
Hall & Co.
(Inc.); The Illinois Co.; Kalman & Co., Inc.; Irving Lundborg St Co.; McCormick & Co.; Mitchum, Tully & Co.;
Piper,
Jaffray & Hopwood; Singer, Deane & Seribnojr;
William R. Staats & Co.; Stroud & Co., Inc.; G. H. Walker

Rhoades &

repay

under Employee

$35.87V2

Price,

$1).

(par

Becker

-

Inc.

Co.,

$10).

$199,590 Towers

Co.,

400,000 Gulf

&

common

Davis

H.

Price, $9.50 per share.

$1).

1-475,342

20,000 shares of common, stock (par
Offered by Bioren & Co. and
Oversubscribed.

Inc.

Associates,

Air

&

employees

to

Representing New Financing

Issues Not
$190,000

& Co;;

par).

capital

McDonald & Co.; Merrill,

Eastman,
Bodell &

Inc.;

"

by Merrill Lynch, Pierce, Fenner & Beane;
Hemphill, Noyes, Graham, Parsons & Co.; Kidder, Peabody
&

Co,;

con¬

Price,

Starkweather &

$24,871,234.

underwritten

&

accrued interest.
Underwritten by
A. C. Allyn & CO;, Inc.; Barnes,

and
&

5.2%
acqui¬

Piper, Jaffray & Hopwood; Putnam & Co,; Quail &
Riter & Co.; Shields & Co.; Smith, Barney & Co.;
Co.; Stein Bros. & Boyce; Union Securi¬
Corp.; G. H. Walker St Co., and J. C. Wheat & Co.

Co.;

I

'

shares of common stock
acquistion of properties and
par.
Offered by company to
public, without underwriting.

underwriting.

common

$50,

Kidder,

&

to

Westinghouse Electric
Corp. 173,023 shares
stock
(par
$12.50),
Purpose, for working

(par

program.

expenditures
and working capital.
Price, $28 per share.
Offered by company for subscrip¬
tion by common stockholders.
Unsubscribed shares (1,765)

for

/Purpose,

of

(par

Noyes, Graham, Parsons & Co.; Hill Richards &.
Johnston, Lemon & Co.; Kalman & Company, Inc.;
Peabody. & Co,; F. S. Moseley & Co.; The Ohio

Co.;

*

2,572,052 Ferro

stock

Bateman, Eichler & Co.; Battles-& Co.,
Inc.; Bingham, Walter & Hurry;
Bioren & Co.; Blahr,
Rollins &
Co., Inc.;
E. W. Clark & Co.; Cohu & Co.;
Cooley & Co.; Crowell, Weedon & Co.; Dewar & Co.; 1L
S. Dickson & Co., Inc.; Francis I. du Pont & Co.; Firat
California
Company;. Hallo well, Sulzberger & Co.; Heuxphill,

working

Offered by company for subscription

stockholders,

shares

100,000

preferred

prior to Jan:

par

Dillon

LAND, BUILDINGS, ETC.

Co.

Purpose,

Carl

Corp.;

Inc.

Purpose,

*

287,070 Stanzona

W.

Over¬

& Co.

subscribed.

at
*

Mills.

Purpose,

Mead, Miller & Co.;

Schwinn

Common,

Chemicals,

$1).

subscribed

&, Hopwood; Shuman,

Patton & Co.;

Co.;

and Vietor,

Co.,

convertible

1, 1962). Purpose, to finance
sition of Rulane Gas Corp. and for working capital.

vertible

Oversubscribed.

•'•■/.

Agnew & Co.; Stifel, Nicolaus & Co., Inc.; Stroud & Co.,
Collin, Norton & Co.; Green, Ellis & Anderson; T. H.

Jones &

'

Corp.

Gas

Propane

cumulative

$24,319,328 Imperial Oil Ltd. 824,384 shares of capital stock (no par).
Purpose, for capital improvements and working capital.
Price, $29.50 per share (Canadian). Offered by company
for
subscription
by
stockholders,
without underwriting.
In
addition,
1,889,000 shares (69.64%
of offering) were

Inc.;
-

writing was involved.

5,000,000 Suburban

Corp;

Jenks,

Co.;

„

$63,464,084

Co.,

Miller

,

"

97,500 Castle

Kirkland
&
Grubbs; Kay, Richards & Co.;
Lester, Ryons & Co.;
McCormick & Co.; The Milwaukee Co.; Morcney, Beissner

Hayden,

underwriting was involved.

No

Phoenix Industries, Inc. 121,493 shares of common stock (par 10 cents). Purpose, for acquisitions. Price,
$2.50
per
share.
Sold by company to public through
Reynolds & Co., who acted as dealer-manager. No under¬

303,733 National

shares of class B stock
bank loans, for expansion
program
and
working capital.
Price, $10- per share.
Underwritten
by Edgar M.
Norris; Joe McAlister Co.;
G. H. Crawford Co., Inc.; Vivian M. Manning, and Henry
(par

Sold

& Co.; Wertheim
Weeks; McDonald
Deane &
Parker &

Industries, Inc. 562,881 shares of com¬
Purpose, for acquisitions. Price,
Subscribed for by common stockholdeie
Industries
Corp.
Reynolds & Co. acted an

(par 10 cents).

share.

per

Phoenix

of

Offered by W. L. Lyons & Co.

unit.

dealer-manager.

& Co.; Stirling,
Corp., and Mead;

Scribner;. Butcher & Sherrerd;
Swiss American Corp.;
Fauset,

&

Texize

T.

Harriman

Co.;

&

Ripley & Co., Inc.; Kidder, Peabody & Cor, Merrill Lynch,
Pierce, Fenner & Beane; Smith, Barney & Co.; White,

$2.50

Co.; Goodbody & Co.;

win.

200,000

Oversubscribed.

Inc.

12,000,000 Diamond

Corp. 60,000 shares of capital
for working capital and investOffered by company for subscription

Purpose,

Phoenix

stock

mon

Laird- and Co.; McJunkin, Patton
& Co.; Parrish & Company;
Reinholdt & Gardner; Scott,
/Horner &
Mason, Incv; Shearson,-;Hammill & Co.; Sills.
Fairman & Harris, Inc., and Walston, Hoffman & Good¬

Purpose,

cents).

capital.

working

$5).

$11.50 per

1,407,203- National

Moseley & Co.;
Shields & Company; Dean
Co.; Chaplin & Co.; Moore, Leonard & Lynch;

Deane &
.Meeds;

Bissell
&

125,000 shares of common
to retire bank loan and
$13.62V2 per share.
Under¬
written by Elyth & Co., Inc.; Lehman Brothers; Bache &
Co.; Dean Witter & Co.; William R. Staats & Co.; Walston,
Hoffman
<te
Goodwin;
Bingham, Walter & Hurry; Hill
Richards & Co.; Lester, Ryons & Co., and Wagenseller &
stock

.

Engineering Corp.

1,703,125 Consolidated

by

,

stockholders, without underwriting.

by

S.
&

Singer,

.

.

Purpose,

Insurance

Price, at par.

Inc.;

Higginson

Lee

F.

Witter

Draper, Sears & Co.

"

2,220

143,750 Modbrn Loan Co* 12,500 shares of 6% cumulative preferred
stock (par $10) and 12,500 shares of common stock (pa*
$1) in units of one share of preferred and one share of
common stock.
Purpose, to increase working capital. Price,

to

Morris

Offered

par.

Title

(par

mente.

Dillon .&

"

74,950

Inc.

stock

Co;; Glore, Forgan & Co,; Harriman
Kidder, Peabody & Co..; Merrill Lynch,
Pierce, Fenner & Beane; Smith, Barney & Co.; Stone &
Webster Securities Corp.; White, Weld & Co.; Blair, Rollins
& Co.
Inc.; Clark, Dodge & Co.; Hayden, Stone & Co.;
Hornblower & Weeks; W. E. Hutton & Co.; W. C. Langley
Co.;

299,800

at

Lawyers

program-

shares of 6% cumulative
for working capitalcompany
to public, without

$100).

-1

Coke

Eastman,

-

working capital..

Inc.

program.

Ripley & Co.,

shares of class A
bank loans and

75,000

" Purpose, to

(par $1).

for

Co.

Rope

Bascom

stock

common

t

,

.

Co.,
(par

underwriting.

& Chemical Co,
60,000 shares- of $4.80
stock (no par); Purpose, for expan¬
Price, $100 per share.
Underwritten by
Hemphill, Noyes, Graham, Parsons & Co.; Dillon, Read
& Co. Inc.; Kuhn, Loeb & Co.; A. G. Becker & Co; Inc.;

common

purposes.

Loan
stock

Price,

for expansion

Purpose,

preferred

300,000

shares of

200,000

Corp,

Television

$1),

222,000 Guardian

$3' per

Inc.;, Glidden;

Co.,

Dean Witter & Co.

&

(par

convertible* preferred

-

per

&

Co/

and

Offered by company to public.

Price,, at'par.

Corp.

Price,

Moreland;
SchoeJI-

Winston & Co.;

Wertheim & Co.; Westheimer & Co.;
White, Weld & Cor; Whiting,

Co.;

Stubbs,

common-stock

stock (par
equipment'. and working capitalprivately by Di A. Lomasney

Purpose,

Rowles,

and

Mosle

Rotan,

Co.;
Co.;

General' Electronic

Placed

Bousman; Clayton: Securities
& Co.
Oversubscribed.

Miller

-

$17

Cooley

6,000,000 Pittsburgh

(par $1).

200,000

St

Goodwin,

Morris. &

for working capital.
S. Gerber, Inc. Over¬

subscribed.

425,000 Baxter

$1).

capital.

&
&

White-&

B'.

Weeks

.

(par

Roney

Walker &

H.

Chas.

;

new

F.

G.

39,700 shares of common

Inc.

share.

Laboratories-

working

100,000 shares of com¬

Offered by M.

share.

per

.

C.

Rothschild

A.

400,000 shares of common
purchase equipment and for
share.
Underwritten by
Van Alstyne Noel Corp.; Courts is -Co;-;- Doolittlfe & Co.;
Johnston, Lemon & Co.; Dempsey-Tegeler & Co:; Robert
C.« Jones
& CO.;
Barrett Herrick & Co., Inc.; Johnson;
Lane, Space and Co.; Inc;;
Arthurs, Lestrange & Co.;
J. C. Bradford & Co.; McKelvy & Co.; Brooke-Willis, Ihc.;
Cohu & Co.; Hamlin & Lunt; Penington, Colket and Co.;
Reinholdt & Gardner;
Zuckerman, Smith & Co.; George

&

"

Kraus;

&

Co.

&

stock

<■-

Burge

for

Purpose,

1,200,000 Norden

Purpose,

cent).

one

Ball,

Price,. $7 per
......

13

kopf, Hutton &
Pomeroy,
Inc.;
Schwabacher & Co.;
Shearson, Hammill & Co.; Shields & Company; Shuman,
Agnew &
Co.; I.
M.
Simon
& Co.; Singer, Deane &
Scribner; Stein Bros. & Boyce; Stern Brothers & Co.;
Stifel, Nicolaus & Co., Inc.; Stone & Webster Securities
Corp.; Stroud & Company, Inc.; Uhlmann & Latshaw,
Inc.; Underwood, Neuhaus & Co.; Union Securities Corp.;

repay

Oversubscribed.

Co.

$5 ).

&

300,000 American Metallic Chemicals Corp.

to

*277,900 Metal Hydrides

Co.

&

of California. 140,000' shares of' capital$1).
Purpose, for working capital;
Price,
Offered by Samuel'B. Franklin & Co.

Chemical

Harden;

&

Co.;
Co.; Merrill Lynch, Pierce, Fenner & Beane;
Merrill, Turben & Co.; F. S. Moseley & Co.; The Ohio
Co.; R. W. Pressprich & Co.; Rodman & Linn; Shearson,
Hammill & Co.; Shields & Co.; Sills,
Fairman & Harris,
Inc.; Smith, Barney & Co.; F. S; Smithers & Co.; Union
Securities
Corp.; White, Weld & Co., and Dean Witter

Thalmann

Straus & Blosser,. and G: H. Walker & Co.'

G. Becker & Go.
Inc.; Blyth & Co.," Inc.; Bosworth, Sullivan & Co., Irlc.;,
J. C. Bradford & Co.; Alfex. Brown & Sons; Clark, Dodge
& Co.; E. W. Clark & Co.; Courts & Co.; F. Eberstadt & Co.,
Inc.; Estabrook & Co.; First Southwest Co.; Folger, Nolan
Inc.; Fulton; Reid & Co.; Robert Garrett & Sons; Goldman;
Sachs
& Co.; Hayden,
Stone & Co.; Hemphill,
Noyes,
Graham,
Parsons
&
Co.;
Hill Brothers;
Hill
Richards & Co.; J. J. B. Hilliard & Son; Hirsch & Co.;
Hornblower & Weeks; Howard, Weil, Labouisse, Friedrichs
&
CO.;
E.
F. Hutton
& Co.;
W. E. HUtton- & Co.;
Indianapolis Bend & Share Corp.; Kirkpatrick-Pettis Co.;
Laird and Company; Lee Higginson Corp.; John C. Legg
& CO.; Carl M. Loeb, Rhoades & Co.; Laurence M. Marks
&
Co.; McDonald" & Co.; Mead,. Miller & Co.; Merrill
Lynch,
Pierce,
Fenner
&
Beane;
The Milwaukee Co.;
Newhard, Cook & Co.; The Ohio Company; Pacific North¬
west Co.; Paine, Webber, Jackson & Curtis; Piper., Jaffray
& HOpwood; Prescott, Shepard & "Co., Inc.; R. W. Press¬
prich & Co.; Quail & Co.;'Reinholdt & Gardner;'Reynolds
&
Co.; Riter & Co.; The Robinson-Humphrey Co., Inc.;
L. F. Rothschild & Co.; Schoellkopf, Hutton & Pomeroy,
Inc.; Schwabacher & Co.; Scott & Stringfellow; Shearson,
Hammill St Co.; Shields & Co;;
Shuman, Agnew & Co.;
Singer, Deane & Scribner; Smith, Barney & Co;; F. S.
Smithers & Co.; William R. Staats & Co.; Stein Bros. &
Boyce; Stern Brothers & Co.; Stroud & Co., Inc.; Spencer
Trask & Co.; Tucker,
Anthony & Co.; Union Securities
Corp.;
G. H. Walker
& Co.;
Watling, Lerchen & Co.;
Wertheim & Coi; White, Weld & Co., and Dean Witter
&

shares of 4% cumulative con¬
vertible preferred stock
(par $100).
Purpose, for capital
expenditures and working capital.
Price, at par and ac¬
dividends

,

L.

bank loans,, and for capital., expendi¬
tures
and
working capital.
Price, at par and accrued
dividends.
Underwritten
by
Dillon,
Read
&
Co. Inc.;
Stone & Webster Securities Cbrpj; A\ C. Allyn St Co., Inc.;
American Securities Corp.,; Bacon, Whipple & Co.; Robert
W. Baird & Co., Inc.; Baker, Watts & Co.; Baker, Weeks

$10;685,100 Abbott Laboratories 106,851

crued

*■

Wm.

(par

par.

Purpose,

MANUFACTURING

AND

The Marshall Company;

Co.;

18,000,000 Mathicson Chemical Corp; 160,000 shares of 4.25% cumula¬
tive convertible preferred' stock,
1951 series- (par $100)»-

$10,276,500.
OTHER

&

&-Co.; The Milwaukee Co.; Reynolds
Sills, Fairman & Harris, Inc.; Stein

Co.;

Oversubscribed.

Co.;

Wood

&

& Boyce;

Bros.

Clark & Co.;

Fahey,

Harold

and

&

Skaggs

Co.;

&

Ryons

Riley

Dempsey & Co.; DempseyFarwell, Chapman &
Co.;
Hill
Brothers;
Lester,
Ryons
& Co.;
McDonaldMoore & Co.; A. E. Masten & Co.; Mead, Miller & Co.;
Moore,
Leonard & Lynch; Scherck,
Richter Co.; Singer,
Deane & Scribner; Smith, Moore & Co.; Stifel, Nicolaus &
Co.,
Inc.;
Stix &
Co.;
Walston, Hoffman & Goodwin;
Arthurs, Lestrange & Co.; A. G. Edwards & Sons; John
Kormendi Co.;
McJunkin, Patton & Co.; I. M. Simon &
Davis,

Co.;

Lester,

A. McDowell

Co.;

140,000 Loven

City Steel Co. 102,265 shares of 5>/2% cumulative
preferred! stock (par $100). Purpose, for ex¬
pansion
program.
Price, at par.
Offered by company
for
subscription by common stockholders.
Unsubscribed
shares
(15,034) underwritten by The First Boston Corp.;
Merrill Lynch, Pierce, Fenner & Beane; Goldtnan, Sachs&
Co.; Harriman Ripley & Co., Inc.; Lehman Brothers;Smith, Barney & Co.; Stone & Webster Securities Corp.;
Union Securities Corp.;
White, Weld & Co.; Central Re¬
public Co. (Inc.); Hayden, Stone & Co.; Hornblower &
Weeks;
Paine, Webber, Jackson & Curtis; Alex. Brown
& Sons;
G. H. Walker & Co/ American Securities Corp.;Laurence
M.
Marks
&
Co.;
William R. Staats & Cor,
Bacon, Whipple & Co.; Robert W. Baird & Co., Inc.; Ball;
Burge & Kraus; Blunt Ellis & Simmons; McCormick &
Co.; Merrill, Turben & Co.; The Milwaukee Co.; Newhard,
Cook
&
Co.;
Reinholdt & Gardner;
Whiting, Weeks &
Stubbs; Bosworth, Sullivan & Co., Inc.; Juilen Collins &

'

(Inc.);

George

convertible

\

•'*»!*«*«,

(1441)

&

10,226,500 Granite

.

•'•

,

*

,

500,000 shares of capital stock (par
Purpose, to purchase equipment.
Price, at par. \
company to public, without underwriting.
S

Mining Co.

$50,000 Buckeye

'

Commercial and Financial Chronicle

The

.

tfyihtwi,^.*, -

& Electric Co. 18,162 shares
Price, $25.12V2. per share.
Co. Completed.

Coal!

50 cents). -

Co.

Co. 15,500 shares
Price, $37 per share.

& Co.
& Co.;

of common
Offered by

of common Stock
Offered by Mnrtcr

-

147,250 shares of common stock (par $7).
Underwritten by A. C. Allyn & Co.,
St Co.; W. C. Langley & Co.; AfwJU
& Co.; Ball, Bulge St Kraus; H. M. Byllesby & Co./Inc.);
Cruttenden & Co.; The First Cleveland Corp.; Greene is
Ladd; Kalman & Co., Inc.; The Ohio Co.; Sills, Fairman

Lau Blower Co.
Price,
Inc.;

&

$10

Bear,

Harris,

George

A.

per

share.

Stearns

Straus & Blosser.; Baker,
McDowell & Co.; Shillinglaw,

Inc.;

Simonds & Co.;
Bolger & Co.;

•Represents issues placed privately,
tlndicates special offering.

(Continued on page 14)

.

t

a

lS

U

(1442)

(Continued from page 13)
Grant

Fawn &

&

&

McCormick & Co.;

Co.;

Oversubscribed.

Co.

12,750 shares of common stock (par $1).
Price, $9 per share.
Offered by selling stockholders for
subscription by employees and others Identified with the

1949
1951
1950
Gross from railway
$15,663,966 $12,839,376 $11,816,827 $12,630,644
*650,119
272,852
Net from
458,806
railway..
1,373,818
*1,811,335
903,532
Net ry. oper. income...
♦1,476,656
*32,487

February—

114,750 Lau Blower Co.

company's

River Fuel Corp. 45,000 shares
$10).
Price, $34.50 per share.
Morgan Stanley & Co. Oversubscribed.

stock

$2).

&

Co.;

Oversubscribed.

Richter & Co.

$7).

(par

Co. and

178,200 Tampax,

Price,

4,950

Inc.

of

shares

share.

per

from

Net

from

Net

ry.

stock

common

by Blyth

Offered
Trust

Land

Price, $156 per share.
The First

Boston

30,000

&

Co.,

(par

ry.

—V.

$1).

99,563 Tyler Fixture
$1).

Price,

Offered

Corp.

by

shares

13,500

$7.37V2

per

F.

of

Price,
Co. Inc.

(par $1).

common

Offered by

share.

Weeks.

&

98,400 Vulcan
(par
J.

Extension,

20

from

Net

ry.

A.

Hogle & Co.

&

stock

$10).

(par

Price,

Dodge & Co.

1951

82

shares

cents

by

Net

ry.

railway
railway

$2,282,398

$2,374,519

8,348

276,986

44,659

Co.

♦Deficit.—V.

*181,547

♦336,304

*20,887

*164,089

$42.25

share.

per

of

Hornblower

Called

just

the

5,673,135

5,074,175

4,598,531

4,898,556

635,938

321,107

393,382

186,295

*228,502

*354,778

♦208,025

by

175, p.

1020.

with

and

in

for

the

March

on

the

first

is

another

the

in

Chrysler

Chrysler

convertible

Genoa,

the

Parade

at

ballroom,
product

corporation's
experimental

April

of

PASSENGER

OF

Plymouth
Dodge

j

COMPARATIVE

BALANCE

SHEET, DEC.

38,806

K-310,

...

34,732

DfcSoto

8,238

Chrysler
tDodge Trucks

...

in

ortization

transportation property and

(net)

Miscellaneous

Sinking

property

111,579
61,592

Capital

and

229,402

other

Investments

In

funds.

reserve

and

to

Investments in and advances
pames—not

in

Cash

to

affilliated

com-

and

treasury

in

transit

Temp, cash investments—U. S. Govt, securities.
Special deposits (to pay interest, dividends, ma¬
tured

Loans
Net

funded

and

debt,

bills

etc.)

Material

and

Accrued

accounts

receivable

32,842,943

31,475,345

ry.

84,751

—V.

52,408
5,063,318

cum.

Premium
Funded

conv.

on

stock

(par

5,059,770

Net

Miscellaneous

accounts

ry.

428,041
15,650,974

73,804

Net

1,050,864

Net

2,912,419

—V.

3,136,358

Unmatured interest
Unmatured

Accrued

accounts

Deferred

730,707

1,485,941

declared

Unearned

169,865v

8,166,251

surplus—unappropriated

6,103,195

790,088

Earned

16,850,733

6,323,692

credits

surplus

3,382,425

17,929,341

surplus—appropriated

54,802,908

4,785,606

Earned

7,026 740

55,755,494

—

liabilities

liabilities

Unadjusted

713,733
1,392,025
6,530,916

154,552

payable

accrued
current

5,386,876

7,009,080

accrued

dividends

2,983,309
9,657,759

4,023,821

384,778

13.825,256
.

12,218,982

190,347,147

173,179,376

—V.

175,

911,879.272 867,618,807

Net
Net

from
ry.

Net

ry.

7,109,659

6,014,811

1,930,578
987,031

888,594

j;.:

2,065.625

462,684

railway—..
railway

4,228,692

4,179,080

2,613.928

1,888,916

2,035,714

919,277

2,757,625
896,209

income

1,742,943

1,929,593

746,659

681,640

from

ry.

oper.

175,

1020.

p.

wide

share.

Sale

of

the' shares

shares

from

from

communities

for

gas

in

for

of

Colorado.

America

♦Deficit.—V.

175,

1,317,945
529,222

647,906

720 290

aggregating $1

179,101

275,703

91

standing shares of

also

is

was

paid

cents and

cumulative

$572,646

$194,761

$749,801

106,877

*145.603

260 681

6,353

58,543

*180,171

a

share
cents

78

20,
were

per

consists

preferred

1,711,016.60 shares

stock,

increased

March

1,505,717

661,729
100,170

502 203

16,879

215,127

*165,296

Securities

1020.

from

1952

railway

Pacific RR.—Earnings
1950

.

and

notes,

May

Income...

$17,468,483 $15,890,390 $17,985,998
3,511,343
983,455
849,828
1,268 638

1,195,237

*318,480

*941,544

*598,795

From Jan. 1—

Gross

Net

from

from
ry.

railway

l,

oper.

♦Deficit.—V.

175, p.

39.158,09 0

32,57 3 094

5,341,835

1.550 696

1,946,500

1,161,438

*2,024,601

*l',92l',043




of

natural

gas

to Natural
of natural

gas

$18,168,000

com¬

paid

share

in

1950

and

with

a

value

par

stock.

The

Co.,

Inc.-

Corp.

a

share

due

CAPITALIZATION

1952

$400,000

5,000

S.

1954

Oct.

on

OF

common

dividends

1,500

Stone

1

Noyes,

Sutro

&

—1,500
Tucker, Anthony & Co
4,000
Underwood, Neuhaus & Co.
4,000
Vietor, Common, Dann &

Herrman

12,000

Co

&

Co.,

2,500

Inc

The

Lazard

—V.

5,000

Harold E.

25,000

Wurts,

12.000

F.

&

Co

S.

$100

Colorado

share,

and

or

before Dec.

will

31,

be

1952.

COMPANY

Outstanding

8,400,000

notes, due $250,000 semi-annually
1, 1953 through April 1, 1969-—

8,000,000

25,000

Co.,

Inc.

Co

Wood

1,000

—

12,000

Co.—

&

1,500

Dulles & Co
&

&

1,000

Co.,

1,500
2,500

Inc.—

Co._

Zuckerman,

Smith

&

1,500

Co.-

railway

income—

oper.

1950

1951

1952
$1,252,865
377,598
143,231

—

railway—

1949

$1,191,266
348,929
106,351

$970,690

95.874

107,983

2,425,220
710,960
224,566

1,976.115
513,357

1,894,750

146.641

*41,699

$1,038,983
221,440

299.319

From Jan. 1—

from

Gross
Net

ry.

2,491,137
706,673
253,092

railway
railway

from

Net

income.

oper,

•Deficit.—V.

175,

915.

p.

Columbus

A:,[ri-;i'
Co.—Debt Pro¬

Ohio Electric

Southern

&

180,917

posal Defeated by Preferred Stockholders—
at a special meeting on March 27 failed
two-thirds margin a proposed charter
permanently increase to 20*7 of capitalization
(compared with 10% at present) the amount of unsecured debt which
the
company
could incur without approval of
the preferred share¬
The

to

by

holders.

the

which

also

It

of

price

rate

meeting

the

on

reduce

of

the

holders

stock

preferred

of

the

in

voted

the

favor

to 4V2%

and

from 4(4%

cumulative preferred
the

of

of

had

previously
shares

common

shares

this

amendment,

also.—V.

175,

p.

received

the

the company

of

could not become effective without

voluntary

at

present.

represented at
represented but

Continental

required

of

approval

March 25,

1952,

of
but

the approval of the preferred share¬

1122.

Continental Oil Co.—Unit Borrows
See

divi¬

common

on

price

call

outstanding preferred shares.

amendment

The

restrictions

certain

charter,

the outstanding

of

Although 71.92%

the

eliminate

the

in

preferred stock by $1 per share
from the present effective price of $110 per Share, to a
$103 on and after May
1,
1960, and would increase the

year

price

dividend

necessary

would

would

contained

liquidation
per

stockholders

preferred

approve

amendment

the

preferred shares

&

&

Southern Ry.—Earnings—

&

February—

6%

notified

a

has

of

Co

&

Yantis

Yarnall

25,000

—

1222.

p.

from

Weld

Co

1,000

2,500
8,000
1,000

Co.——--- 25,000

&

Witter

Dean

—__

12,000

Co

Williams

T.

C.

4,000

Co.

Freres

175,

White,

2,500

Inc

&

Lawlor

&

Wertheim

18,000

4,000

Co.—

&

———

Walter

&

Peabody & Co
Langley & Co

C.

Walker

H.

win

2,500

—

Kidder,
G.

Walston, Hoffman & Good¬

4,000

Space

Co.,

Kidder

M.

Walker, Austin & Waggener

12,000

Co., Inc. —
Johnston, Lemon & Co
A.

Wagenseller & Durst, Inc.G.

Co.—'

Co.

&

1,500

—

5,000

—

Co

&

Lane,

Kalman

1,000
4,000

———

Co

1,500

Co

&

and

Illinois

Co

&

4,000

Hogle

Johnson,

Sudler &

Co.

4.000

—

Co

Hutchinson

Terry

Graham,

Parsons & Co—„

&

Co

1,500

Lunt

Richards

1,500

5,000

——

l,50d

Hallowell, Sulzberger & Co.

&

25,000

—

McDowell

Inc.

C.

2,500

Henry

—

Amos

Granbery, Marache & Co._

Hemphill,

2,500

& Webster Securities

Corp.

& Co.,

Co

&

1,000

2,500

and Co., Inc.

Blosser &

Co.—

Co.—

&

Stewart

Moore

Stone,

Stroud

holders

shares

$2,000,000

Pipe Line

below.—V.

Co

Continental Pipe Line

Privately—

175,

p.

1122.

Co.—Notes Placed Privately—

This company, a wholly-owned

subsidiary of Continental
March 28 that it has sold to cer¬
tain institutions an issue of $7,500,000 principal amount
of its 3.35% promissory notes due March 1, 1972. The
loan was arranged by Morgan Stanley & Co.
Oil Co.,

announced

on

8,000,000

(cum.)

♦The
at

5,000

25,000

Sachs

&

respectively.

20,000
of

with

8,400,000

the

pfd.

stock

slock

call

price

the

12,000,000

$100)

12,000,000

20,000 shs.

20,000 shs.

2,500,000 shs. 1,711,016.60 shs.

has stated to the SEC that the company will redeem
of

$105

per

share

1,

constitute

and

have

the

presently

on

or

outstanding

before Dec. 31,

20,000

1952.

an

the

only

annual

long-term

sinking

company's

Sulphur

of

loan

Continental

$450,000

will be

Phosphate

&

of

debt

fund

The proceeds of the
construction program.

1956.

Continental

$5)

preferred stock (par $100)

notes

Co.

March

on

Pip«

commencing

used

to

finance

Corp.—Files With

Securities and Exchange Commission—
The
SEC

(par

company

shares of 6%

(par

The

Line

notes, due $400,000 semi-annually
Feb. 1, 1955 through Aug.
1, 1969

6%

4,000

Co.-——

&

Co

&

4,000

5,000

—

Boyce——^

Brothers

Harold

Stix

12,000

Co.

&

&

Bros.

Stern

Straus

59.48%
per

1951

semi-annually

through May 1,

&

Starkweather
Stein

4,000

Co

Deane

1,500

the

1950.

stock compared

company

Exchange Commission that the
$105

year

1949,

notes;

share in

cents

full

common

$30,400,000

common

31 (4

the

the

on

per

3%%

l'795'319

1020.

of

notes, due $400,000 semi-annually
1, 1954 through Nov. 1, 1964

36 447 1 35

6,265,833

income...

source

$2,000,000

Common

42,709,55 7

railway

3'/8%

1949

$21,184,594

railway..

Net ry. oper.

&

1951

594,827.14

totaled

of

For

Nov.

from

and

Authorized

2%

2%%

Chicago, Milwaukee, St. Paul

a

against $1.67

dividend

redeemed at the call price of

272,326

February—

is

1951

1,525 508

463.822

1,500

Funk & Co

&

4,000

Scribner 2,500
Smith, Barney & Co
25,000
Smith, Moore & Co
1,500
William R. Staats Co.—
8,000

M.

Singer,

2,500

dends

1952.

of

stock

of

PRESENT

140,200

Simon & Co.-

I.

Co.

&

Cleveland

Southwest

ry.

were

important source

an

in

144,831

1,260,311

Co.„

&

Evans

California

Goldman,

1,500

————

1,500

Farwell, Chapman & Co.—
4,000
First Boston Corp.— 33,250

Creston H.

2,000

—

Harris,

4,000

Inc

Deetjen

First

4,000

-

&

Inc.

The

First

&

Co

&

Fairman

Sills,

4,000

Net

areas.

revenues

common

DIVIDENDS—An
share

68,705

Co.

Silberberg

4,000

25,000
2,500

Sons

&

Simons,

Sidlo,

1,000

Co.—

&

1,500

2,500

Co
Roberts

Shuman, Agnew &

'

4,000

Co

&
A.

for the

income, while net income for 1951 amounted to
$3,330,000 compared
with $2,982,000 in the
preceding year.
Net income for 1951 was equal,
after preferred
dividends, to $1.88 a share on the 1,711,016.60 out¬

132,753

$613,414

p.

It

which

Chicago and adjacent

4,961.624

income—

oper.

Edwards,

from

gas

Eastern

Pipeline Co.

1,667,137

railway

J.

Elworthy

Net

Of the
purchased

Amarillo, Texes, and sells substantial quantities

47,028

railway

R.

new

organized
in
1927,
owns
and
operates
an
pipeline system with a normal daily capacity of
approximately 405,000,000 cubic feet.
It also operates producing wells
and owns large reserves of natural
gas in the Texas Panhandle Field
transmitting the gas through its pipeline for use in Denver and other
natural

4,128,100

railway—__
income...

duPont

1,500

5,000
12,000

Co

Showers

Robert

Pan-

Co.——.——

&
I.

Edwards

BUSINESS—Company,

integrated

5,356,112

1949

&

4,000

Hammill & Co.-

&

acquired the shares in 1947 from Standard Oil Co. (N. J.)

346 026

1950

Co

&

Robertson

G.

being sold by four investment houses which

are

273,233

1951

1,500

Shields

A.

Gross

not' represent

966,000 shares offered, 371,172.86 shares
by the group from Sinclair Oil Corp.

484,694
165,236

oper.

does

Gas Co. but is
account of present stockholders of the
company.

$2,415,840

1952

Shearson,

Dreyfus

group of more than 150 investment houses headed

$1,964,686

769,330

Scott, Horner & Mason, Inc.

2,500

Dittmar & Co._—.

W.

financing by Colorado Interstate

1020.

p.

2,500

2,500

coast'. 4*—4.000

J.

From Jan. 1—

Net

$1,330,179

1,095.734

336,441

$2,476,104

income

Pomeroy, Inc.
Schwabacher & Co.—

&

Dempsey-Tegeler

A.

2,500

5,000

Co.—

&

Davis

Hornblower & Weeks———

1949

320.985

393,045

railway

from

Gross

1950

1,000

1,500
2,500

Scherck, Richter Company
Schoellkopf, Hutton &

Co

Dain
H.

Dewar,

J.

1951

1,500

& Son

Company
Earl M. Scanlan & Co

4,000

——

4,000

—;

Rupe

&

Skaggs & Co

M.

Hickey

2,090,591

land"

Russ

1,500

Courts & Co

1,620,874

911,069

240,150

1949

Chicago & Illinois Midland Ry.—Earnings—

Net ry.

5,936,665

2,014,298

837,229

980.330

5,898,746

February—
Gross from railway

Gross

6,617,200

2,131,976

915,172

Capitalization

Net

396,870

973,731

850,741

railway

oper.

175,

ry.

479,592

884,284

1950

income

oper.

from

Net

390,202

income

$2,922,312

railway
railway

from

Net

Net

740,220

railway

1951

From Jan. 1—

—V.

983,213

1952

1952

from

Gross

$2,965,580

pared with $15,718,000 in 1950,
according to the pro forma statement of

Chicago & Eastern Illinois RR.—Earnings—
Gross

$2,968,525

875,356

income

EARNINGS—Operating
February—

Co

1,000

Inc
and More-

Mosle

Dallas

12,000

Hamlin

railway

opsr.

from

1330.

p.

5,000
2,500

1,500

_——.—

Garrett-Bromfield

1949

From Jan. 1—

Gross

Gas

Total

(Inc.)

Rotan,

Corp.-

Linn

&

& Tracy,

Rogers

1,500

4,000

Inc.

4,000

Robert Garrett & Sons—
1950

per

112,047,940

Co.

Corp

&

Robinson-Humphrey

Co.,

Rodman

Coughlin and Co.——1,500

by Union Securities Corp. on April 2 offered to the pub¬
lic 966,000 shares of common stock
(par $5) at $26.75

9,178,796

payable

Interest matured unpaid
Dividends matured unpaid

Other

Pacific Ry.—Earns.

1951

138.882.896

obligations

Traffic and car-service balances (Cr)
Audited accounts and wages payable

Collins

Julien

The

17,662,940
19,412,940
2,424,843
2,424,843
233,839,000 237,522,000

stock

unmatured

Securities

367,508

353,269

1C20.

p.

from

Net

195,427,463

and

Clarke

W.

271,513

$3,162,598

railway

from

21,301,963

195,427,463

$100)

Co.—

Chapin Co.

142,873

Colorado Interstate Gas Co.—Stock Offered—A nation¬
pfd.

&

Inc.

1,049,304

February—

2,907,792

common

debt

Equipment

Taxes

175,

Gross

728,485

(par value $25 per share)

A.

Emanuel,

tln-

Reynolds & Co

1,000

.___

Clement

911,879,272 867,618,807
stock

Burton

Byllesby

25,536

Clinchfield RR.—Earnings-

6,324,832

5,695,856

Co

&

(Inc.)

Hirsch

LIABILITIES—
Common

M.

Hill

124,212

debits

The

1,000

H.

40,576

$3,568,653

railway

oper.

4,000

1,500

L.

4.0,603

30,468,237

7,983,093

421,842

Total

3Va%

from

from

Net

16,595,922

receivable

assets

assets

Unadjusted

Gross

6,495,971
;

railway

railway
Net ry. oper. Income

26,134.171

receivable

dividends

current

Deferred

and conducts.

supplies

and

Other

agts.

from

from

Net

13,066,466

67,860

i

from

Miscellaneous accounts
Interest

,

2,773,914

receivable

balance receivable

Net

Gardner

&

Edward

Broome

Fridley & Hess

Gross

4,000
5,000
1,500

Hopwood

&

2,500

Stockton

24,326
31.923

& Texas

Writer & Christen-

12,000
Irving J. Rice & Co., Inc.1,000
Julius A. Rippel. Inc
1,500

42,093

1952

1,500

Inc.

Reinholdt

8,000

First

February—

4,000

Co

&

Jaffray
Quail & Co

Co.,

&

Eastman, Dillon & Co

From Jan. 1—

13,158,817
7,951,105
33,180,605

advances

and

16,790,574

wholly-owned

wholly-owned

investments

13,742,601

16,570,156

advances

11,750,444

—

subsidiary companies

Other

637,877

Sullivan

Inc.

13,989

Cincinnati, New Orleans

funds

Bosworth,

Francis

176,042

♦March, 1952, figures are preliminary and subject to change,
cluding military and other government.—V. 175, p. 914.

717,729,637 675,186,667
17,887,736
18,981,957

(net)

Co

&

Davis,

1950

am¬

—

physical

1,500

Co

Peet

Peters,

8,000

Dempsey & Co.

$••'.:•
Investment

O.

H.

1,000

25,000

10,521
18,253

;

&

The Ohio Company

sen,

90,400

u-

Newhard, Cook & Co
Newman

1,000

12,000

& Simmons

2,500
2,500
2,500
5,000

Co

&

Turben

Roland & Stone
& Co

Model,

Newburger

1,000

Inc.__

33,250

Beane—

Piper,

13,868

10,568

—

31

1951

Co.

Cole & Co

studios.
drawings

*1952—3 Mos.—1951

65,378

18,920

...

Totals

ASSETS—

&

styling,

DODGE TRUCKS

*1952—Month—1951

——

(Continued from page 2)

AND

CARS

Merrill,

12,000

6,000

Paul

models, painted and trimmed, were completed in Detroit
shipped, along with a Chrysler chassis and engine, to Ghia,
body builder, of Turin, Italy, for execution of the body and
assembly of the automobile.-

Period End. Mar. 31—

Corporation and
Investment News

2,500
1,500

2,500

Miller & Co
Lynch, Pierce, Fen-

&

ner

25,000

J.

5.

styling

the

It

Stars

of

Chrysler

Detroit

car,

Italy.
to

2

scale

PRODUCTION

Merrill

Blyth & Co., Inc

Clarke

from

31

time

Waldorf-Astoria

designed

previous

experimental

new

City

convertible

and

the

York

display

Show

C-200

striking

a

New

public

on

This

in

Car—

custom1

General

Becker

Mead,

4,000

Co

Central Republic Co.,

and

|24,790,489

&

4,000
6,000

1,500

-

Baxter, Williams & Co
G.

5,000

McCormick & Co
McDonald & Co.

5,000

Baird & Co., Inc.

Co

Barth

♦371,022

„i_

C-200,

arrived

As

Oversubscribed.

&

Bateman, Eichler & Co
Battles & Co., Inc
A.

12,000

Inc.

6,000

Baker, Weeks & Harden—
Ball, Burge & Kraus
J.

2,500

Co

Marks & Co._

M.

Laurence

Mason-Hagan,

& Red-

&

Lundborg

Irving

1,000

Co

4,000

Richard

Automobile

stock
Clark,

Baird

Don

capital stock
Offered by

Offered

2,500

and

5,000
25,000

Co.

2,500

Brown, Lisle & Marshall—
Brush, Slocumb & Co. Inc.

Co.

conceived

shares

Carl

89,854

income

oper.

capital

of

share.

per

1949

1950

$2,281,659

293,231

income—

oper.

from

(par

Morgan &

Oversubscribed.

W.)

(F.

Offered

4,000

Ryons & Co.———
M. Loeb, P.hoades &

Boettcher

1952
$2,776,830

railway

railway'

from

Net

went

120,000

Inc.
Price,

cents).

1,886,843 Woolworth

1330.

p.

from

15,618 shares of common stock

share.

Price, $32 per
Oversubscribed.

par).

Lester,

American Securities Corp.Ames, Emerich & Co., Inc.Arthurs, Lestrange & Co

25,000

Brothers

Lehman

1,000

^,500

Legg & Co.—

C.

John

50,000
8,000

Beecroft,

Chrysler Corp.—New Experimental

United-Carr Fastener Corp.
(no

3,017,261

...

29,193,975
6,139,359
1,968,765

26,325,390
5.488,333
1,549,602

32,453,17 1
8,663,902

3,874,590

...

February—

Oversubscribed.

499,776

34,872,497
9,562,728

...

Income.

From Jan. 1—

Eberstadt

Corp

Co

Blunt Ellis

Oversubscribed.

281,250 Time, Inc. 9,000 shares of common stock

Securities
&

Blair, Rollins & Co. Inc.—1

Gross

$31.25 per share.
Oversubscribed.

railwayrailway....

175,

Gross

(par

1,958,300

income

oper.

Shares

Shares

Union
Allen

Robert W.

1950
1949
$12,783,147 $13,804,580
2,701.949
2,904,745
805,600
813,794
869,112
1951

Chicago, St. Paul, Minneapolis & Omaha Ry.—Earns.-

$1).

Inc.

sub-shares

railway

from

Net

below.

forth

set

Bacon, Whipple & Co

$17,348,960 $14,958,259
4,861,400
3,082,941

_

from

Net

Offered by Clark, Dodge & Co. and

Corp.

*3,655,658

1952

railway.

oper.

Net

Pacific

*1,508,617

From Jan. 1—

George Eustis.

$36

4,680,000 Texas

stock

common

Atwill

♦498,688

*1,318,907

Chicago, Rock Island & Pacific RR.—Earnings—

Products, Inc. 6,000 shares of common stock (par
Price, $13.50 per share. Offered by W. D. Gradison

81,000 Sport
&

Kline &

stock

mon

of

Auchincloss,'Parker

February—

Gross

French Laboratories 2,800 shares of com¬
$1).
Price, $43 per share.
Offered by
Yarnall & Co., Oversubscribed.

120,400 Smith,

Income—

oper.

24,036.733
1,058,201

26,134,412

2,323,612

29,555,525

32,073,957
2,768,161
*112,019

railway

Deficit.—V. 175, p. 1122.

Gross

& Power Co. 40,000 shares of common
Price, $18 per share. Offered by Eastman,
Rauscher,
Pierce & Co.,
and Scherck,

Heat

ipar

Dillon

ry.

*

shares

Aim, Kane, Rogers & Co

railway

have severally
respective numDers

below

named

underwriters

agreed to purchase from the selling stockholders the
of

path

Blyth & Co., Inc.

720,000 Petroleum

from

from

Pipe Line Co. 2,000 shares
of
Price, $29.50 per share. Offered

59,000 Montana-Wyoming Gas
common stock
(par $5).
by

Gross
Net

of common
Offered by

(par

1952

From Jan. 1—

Net

business.

1,552,500 Mississippi
stock

UNDERWRITERS—The

Chicago & North Western Ry.—Earnings-

♦

<

Nauman, McCo.; The Marshall Co.; Detmer & Co. and Vercoe

Brownell

company

covering

offered

at

on

March

145,000

$1.37y2
The

per

New

York.

new

construction.—V.

25

shares

share

proceeds

are

174,

p.

filed
of

a

common

through
to

letter

be

D.

used

of

stock

F.
to

notification
(par

pay

on page

with

cents)
&

51)

the

to

Co.,

indebtedness

186.

(Continued

10

Eernheimer

and

be

Inc.,
for

»V<4«>Smt«

Number 5105

Volume 175

.

.

.

lib

41

Mjh

*

The Commercial and Financial Chronicle

(1443)

Stock Record «» New York Stock

Exchange

DAILY RANGE OF PRICES

Range for
Year

FOR EVERY LISTED ISSUE

Previous

STOCKS

1951

Range Since Jan. 1
Lowest

Highest
Aug

2

56% Apr

4

14

114% Jan

2

62

24

8

4% Mar 15
27 % Jan

25% Jan

2

53/4 Mar

19

33% Jan

2

Sep

30

34

July 12

43% Sep

49

Apr

63 3/4 Sep

64% Jan
125

1

x30% Feb
37

Jan

30% Jan

28

10
24

24

Adams Express Co

Adams-Millis

27% Jan 23

101Y4 Nov

2

108% Jan

11

113

Feb

13

121% Jan

19

111% Dec 20
137% Dec 12

Jan

17

140

Jan

8

22% Jan

5

Feb

70

Jan

4

72% Apr

3

2

3

Feb

25

3% Jan

2

79% Jan

2

85% Jan

29

Nov

28

Jan

3

2
Apr 26

87% Jan
86

79

79% Feb 26

52% Oct

19

3

106% Dec

14

105

Jan

2

110

Jan

17

6

102

Feb

13

85

Jan

2

92

Feb

91% July

9

38% Mar 19

9

Dec

11

11

Feb

5

58

Jan

10

77% Sep

14

20

Nov

8

23% Feb

2

28% Jan

4

37

Oct

17

32% Feb

48% Jan

26

37

Feb

9

13

37% Nov

8

91% July

3

X101

46% Jan 2 1

19

Feb

20

25

54% Oct
107% Oct

15

96% Feb

20

28

40 % Apr

27

36% Feb

8,100

1

50

Corp

143

5

100

*71

92% Feb

9

125% Feb

15

3% Jan

41

Jan

23

34

Jan

28

35

Jan

Feb

5

17

Jan

31

18% Jan

165 3/4 Oct

30

141% Jan

9

234

110%

110%

300

•71

*140

3

3

21

*70

41

*105

108

►105

100

*90

93

*90

93

♦90

*8%

8%

9

20

20

*35%

36

36

*38

38 3/a

38 3/a

38%

*91%

93 V.

_No par

_No par

49%
*100

1

81

:

81

108
om

108

*3

50

Mar 10

*333/4
*173%

17%

-No par

2263/4

77

393/4

40

9,000

106

100

♦90

93

*90

93

•90

93

18%

19

36

35%

353/4

35%

35 Ya

38%

38%

383A

38%

38 Ya

93

93

93

80%

'

108

8%

*91%

93

503/a

49%

101

83/4

49%
100

100

393/4

39 Va

393/4

8%

8%

•8%

8%

2,800

72%

72%

72 Ye

72 Ya

♦19

493/4

7,400

i

19'%

600

>

35%

35%

1,500

38

38'/4

4,000

93 y4

100

49%

9,000

♦19

19%

*91%

49 7/a

49

100%

•99

39%

•97%

99%

39%

397/a

:

1

1,200

393/4

1,100

80%

80%

si y4

81

3,100

107%

1071/4

107%

105 Y4

107

11,100

2%

3

3

3

•27/a

3

1,500

36

♦33%

36

36

•33%

35

18

171/3

17%

•17%

17%

81

803/4

108

3

2%

36

♦33%

17%

*17%

226'%

215%

219

'

39%
*105

193/4

49%

813/4

77

•73

40
108

108

223

*70

•105

73

39%

17%

40%

30

800

106

72

100%

*333/4

226 3/4

393/4

84

1,300

24,700

106

3

36

1

)

77

*70

•83%

8%

♦91%

50

80

84

843/a

108

31/a,

84%

84%

3%

10,800

93

39%

39%

3

733/8

100%

100

•

40

3%

73

108

•19

93

493/4

49%
101

39%

*91%

3

3%

38%

36

-No par

•71%

35%

20

_No par

72%

83/4

73

*19

Allied Mills

72

3%
203A

72

723/4

8%

72 3/4

3%
20%

3%

70

143

3%
2oy«

3%

40%

*140

143

3%
20 y8

72%

•71

77

40

107

♦140

20%

843/a

84

110%

.

3%

20%

72%

3%

40

403/4

143

143

♦71

77

•70

1103/4

3

843/a

413/4

*110

21

72%

♦833/4

110%

►140

3%
21

843%

1

11

4

110%

♦110

*105

2

19

15

11,800

par

d

3

Oct

253/4

*83%

2

2% Jan

50

25%

No par

4

1043/4 Jan

50

26%

3%

100

3

50%

26

143

3%

77

9,100

♦50

3%

*70

83/4

50

26

3%

par

8ya

50

25%

100

preferred

8%

50

25%

110%

21

72%

8 3/4

50

3%

_No par

3

•140

3%
21

8 3/4

100

25%

1

common

22

5% Jan

16% July 13

3%
21

25

Jan

110%

*140

8%

8%

40

26

25%

110%

83/4

8%

*383/4

50%

♦50

25"%

*110

10

w w

83/4

8%
50%

253/4

100

$2.50 prior conv preferred—No
Allegheny Ludlum Steel Corp.No
cum

83/4
*50

v

100

41% Jan 18

113% Oct

31

49

533/8 Jan
107

78% Mar 24

88% Aug 31

2

Mar 13

2% Dec

Jun

26 »/4

933/a Mar 18

21

94

26%

Mar 10

29

36

27

8

Jun

673/4 July

263/4

21% Jan

34 %Jun

84

26%

4

89 % Jun

40

1,000

26%

72

48

1,700

40

27 %

5

90% Feb

33

-263/4

2

Mar 19

32%

*38%

27%

Jan

Mar 27

33%

27%

77% Jan
37

33

27%,

7

40

33%

27%

20

21

33%

60%

Feb

18% Mar

2,200

60%

33

33

8% Jan
68

28%

61%

preferred A

$4,375

28 %

61%

27

36% May 26
Dec

preferred

5%%

28%

61%

Aldens Inc common

Allegheny

28%

40

Alaska Juneau Gold

28

%%

28%

♦60%

Vicksburg Ry
Mining

6

Feb

4

*28%

28%

*38%

pfd 1951 series

Alabama &

10,600

33%

No par

4% Jan

28

104

3 3/s Mar

63/4

60%

;

20

2

6%

40

Inc

9
2

May 31

x78

23/4 Jan

$3 preferred w w
Air Reduction

9

80

6

73 % Jan

139

300

6%

1

37/b Oct

25

3,500

6%

60%

Corp

27% Feb

2% May 10

33%

119

6%

*33%

Corp

Addressograph-Multigraph

4.50%

28%

•116

63,4

7

♦38%

Affiliated Gas Equipment cum

49% Jan

20

28%

119

Shares

57%

40%

4

2

18

Feb

28%

*116

Apr. 4

56%

57%

61%

2

Jan

6%

57%

33%

11% May

25

119

7%

58%
119

60%

Admiral

48

*116

•38%

8

5

58%

58

the Week

39%

7

Jun

♦116

Friday

Apr. $

62%

28% Mar

31% Apr 30

28%

57%

119

Sales for

Thursday

Apr. 2

39%

22

7

283/4

58%

7

PRICES

Wednesday

*61%

8% Jan

18

7%

1

24% Jan

24% Nov

11794

7%

SALE

Apr. 1

No par

63

5

1173/4

HIGH

Tuesday

Corp__10

13

Mar 12

57%
•116

10

,

35% Jan 30

57%

100

56% Feb

47% Jan

3

Co

57%

AND

Mar. 31

2.50

(conv)

ACF-Brill Motors Co
Acme Steel

Monday

Mar. 29

5

preferred

cum

17
25

93/8 Jan

Dec

4%

53

% July 17
7% July 17

70

Saturday
Par

Abbott Laboratories

42% Jan

Mar 13

LOW

STOCK

29 3% Feb 26

4

20

19 3/4 Jun

YORK

EXCHANGE

7% Mar 28

27 V, MPT 15

Oct 15

36 y2

NEW

Highest

114% Dec

41 Ya Mar 15

113% Dec

WEEKLY VOLUME OF TRADING

YEARLY RANGE OF SALE PRICES

Lowest

115

107

2%

2161/4

17%

*333/4
17%

81

218

224

225

•63

222 Va;

219

—,

1,200
3,900

Jan

2

66 3/4 Sep

10

60% Feb 20

633/4 Feb

9

-No par

*62%

'•62%

63%

63%

63

63

64

63

63

13% Jan

15

17% Dec

14

133% Apr

4

16aA Jan

2

1

141/a

14%

14

14%

13%

141/a

133/4

14

13%

13%

13 Ya

13%

78

13

93

Dec

19

77

4

90

Jan

2

100

80

80

80%

801/4

80

80%

79

79

78

78

77

77

900

1

10

18%

18%

18 Ya

18%

18'/8

I8I/4

17 7/a

18

173/4

17%

18

2,400

50

*59%

60i/2

♦59%

601/2

*59%

60%

59%

59%

59%

59%

60

60

2

13%

133/4

13 Ya

137/8

13 Ya

13Y«

135/a

133/4

13 Ya

13%

13 Ya

133/4

6,800

ser

5%%__50

48%

481/2

*48'/4

49

48%

483A

47%

47%

*47%

48%

•47%

481%

500

Amer Brake Shoe Co com

No par

405/a

41

40'%

41

40%

40 Ya

3,100

100

*104%

105

*1041/4

106

♦104%

1

ll3/tt

1

53/8

Jan

Apr

17% Mar

2

Jan

22

66% Aug

17% Jan

19

34% Jun
102

July

20% July

93 5/i, Jan

15

413/4 Mar 13

5

preferred

19
4

American Broadcasting

5% Feb

2

26

7

American Cable & Radio Corp
American Can Co common

6

Jan

14

114

Jan

2

1293/4 Mar 31

Jan

19

163% Jan

2

178

18

32% Feb

20

355/s Jan
79

74 % Mar 28

85% May 17

Mar 28

Mar

18
5

4%

7%

convertible

Co Inc

76

31

31

31

31

•30Ya

31

30 Ya

30 Ya

800

47%

48'A

471/4

47%

•47%

47%

47%

47 y8

1,800

18% Jan

*181/2

18 7/a

18 3/4

187/B

183/4

22'%

22%

22 7/b

22 7/B

*223/4

23

*91

92

193/8 Feb

99

Aug

109% Feb

8

Mar

25
6

15

American Colortype Co
American Crystal Sugar

4% %

prior preferred

27

1253/8 Jan

14

289% Jan

17

3

170% Jan

22

American Cyanamid Co com
10
3%% conv preferred series A_100
3%% conv preferred series B_100

3

54% Jan

22

American Distilling Co

Jan

Highest

NEW YORK

Jan

9

293/4 Jan

3

32

1'6

16 Va Mar

7

18'% Jan

_______

•

6% Feb

STOCK

22

American

14

American Gas

11

American Hawaiian

2

45% Jan

10

2

5

Jan

26

51% Jan

10

x40

Feb

26

Feb

Amer

&

23

5% Jan 10

SS

45

1

Jan

39% Jan

14

6%

convertible

Dec

17

36

Apr

29

81/4 Jan

24

6

Feb

1

7

Jan

18

American Ice

19

86

Jan

24

73

Feb

14

78

Jan

3

16

Jan

2

23

Sep

20

20'/a Feb

26

22% Jan

28

171/4 May 24

20

Aug

8

19% Jan

4

213/a Apr

1
22

39

241/4 Feb

29

95% Aug 28
141/a Jan
2

21

17% Feb

19

193/4 Jan

Jan

29

96% Jan

16

99% Mar 29

3

17% Feb

21

20% Jan

3

78% Feb

11

81

105

20 3/a Oct

Jan

11

Dec

27

10% Jan

25

173/4 Oct

3

14

Feb

25

15% Jan

8

41% Apr

3

645/8 Dec

7

56

Mar 31

643/4 Jan

24

94% Dec

31

106% Jan

31

97

Jan

3

102% Feb

4

12% Dec

22

19% Mar

3

13

Jan

2

143/4 Jan

12

7% Dec
27% Jan

26

11

Jan

8

4

8

73/8 Feb 25
313/4 Mar 1

Jan

35% Oct

343/a Jan

17

90

3

May

3

36% Feb

16% Jan

3

23% Oct

19

21% Jan

8

2

17% Nov

15

153/8 Feb

27

16 3/4 Apr

Feb

23

170% Apr

4

6% Mar 18

7y8 Jan

17

163

Dec

11

Feb

26

7

Nov

20

10% Jan

19

15

49% Oct

11

Feb

5

177

56

July 16

103% Sep 25

70% Mar 28

9

42% Feb
139% Jan

20
6

14

2

Oct

2

165

45% Feb

4

36

Jan

17

26% Mar 21

1

21

55

Jan

25

43% Mar 15

47

Feb

4

43% Mar 25
148

Feb

19

53

Jan

9

Jan

29

1553/4 Mar 28

37% Mar 19
124

6%
31%

.>■

160

HIGH

113

1133/4

*260

*260

275'/4

161

•156

161

•155

161

453/a

45

SALE

44 Ya

6%

6%

6%

6%

6%

6y8

♦31%

323%

•31%

32%

•31%

323%

200

16%

16%

16%

16%

4,600

105/a

103A

10%

103/4

32,100

60%

605%

60%

5,100

52
5%

50y4

503/4

16%

163/u

16 3/a

107/a

10%

103%

10%

16%
103%

61

61

61

61%

61

6P/8

10

51

51

52

51%

51%

•51

5%

5

•51

50

39% Feb

9

Feb

28

130

Co

1

60 3%

10

29
29

68% Jan 31

22

22

22

22

22

22

22

22

♦22

22%

♦21%

22%

400

20%

20%

20%

21

21

213/a
187/a

213/a

213/a

213%

21%

21 y8

3,400

American Investment

Co

of 111

American Locomotive common

1

preferred
Amer Mach & Fdry

18%

19

99%

997/a

154
78

4

Jan

Sep

120% Apr
10% Feb

115% Nov 26
Apr 30

46% Jan

25

27

107

69"% Jan

14 3/a

14%

143/8

143%

14%

14%

14%

1,000

57

57

57

57

57%

57

57%

2,300

101

*100

101

•100

4%%

preferred—

American Metal

100

Products Co

2

American News Co

7%

*73%

73/4

7%

7%

*7%

33%

323%

33%

32i%

35%
163/a

100

*169%

5

6%

Mar 19

Mar 20

8

36 % July

3

473/4 Oct

x25% Apr

3

34% Aug 20

99% Dec

26

423/4 Feb 28

263/8 Feb

13

Jan

30

109

553/4 Jan 24
•

48% Mar 12

110

13

64
'

Jan

Sep

28

493/4 Oct

31% Jan

2

15

1043/4 Feb

18

45% Mar 19

53% Jan

10

102

Jan

60

For footnotes

Aug 15

see page




28.

50 ya Mar 14

6% Jan
59% Jan

3
4

1701/2

47

*46 Y4

47%

*43

44

155

155%

6%

6%

47 y4

473/k

47

.V: 433%

433/4

431/4

44%

453/4

44%

445/a

155 Va

1551/4

155'%

155%

37%

37%

37%

128%

♦126%

128%

37

128%

128%

.34%

34%

33%

34'A

34%

35

34'A

34% '

34 Y»

58%

587/a

v

130

130

58 %

*130

58%

59

59'/4

59

132%

•130

1303/4

130

151/a

15

15

15

59%
130

15%

•37

126%

•59

37%

700

128

130

34

3,200

34%

1,000

59%

900

•129

130

200

15

15

1,700

15%

15 %

15%

154%

1543/4

1543/8

1543/4

1541/4

154%

153%

154%

153%

58%

58%

583/4

58%

58%

58%

585/a

58%

58%

58%

58%

137%

138%

137%

136%

137%

137%

138%

690

138%

62%

61%

62%

6,100

119 y*

119»A

119'A

15

154%

63

136'%

138

633/8

62'%

623/4

1191/4

119'A

119%

119%

8%

No par

31%

30%

31

30 y8

30%

100

89

89

♦885/a

$4 conv prior preference
No par
Amer Zinc Lead & Smelt com
1

•71

common

preferred

&

Cable

100

X100

50

Copper Mining

23

213%

25

$5 prior conv preferred

72%

48

48 3/8

22%

$4 preferred

Clayton & Co

Archer-Daniels-Midland

6.25

No par
21.50

♦102

♦46%

27%

28%

47%

10
20

44%

44%

*18%

191/4

5

*55/3

_No par

*54

•102

105

6

54%

.

-

,

>105

•102

105

88 Ya

89

46 %

♦46%

47%

46

44'%

45 y8

44 y8

45'/4

43%

19

19

19%

•18'%

53/4
55%

*51%

19

541%

.

6

543/4

53/4
55'/4

55

5,500

30 Ya

11,100

8%

230

89%

893A

71

71

71%

71'/a

250

21%

22%

21%

21 Ya

10,700

100

130

47 y8

47

47%

46%

47

21,300

43 Ya

44%

44%

44'A

28%
104

104

y*

.

110

8%

30

44%

x27%

46 Va

»5y»

38,400
25,400

22%
101

44

:

154

72%

47 Va

44%

28'/s

89

101

48 Va

44%

30 Ya

22%

102

44 y8

44

27%

8Ya

30

885/a

Hocking Glass Corp—

Common

8%

3oy«

♦71

23%

47 y8

8%

30

72

27%. 28%

No par

8%

89

72

102

137

62%

8%

Anderson

34%

343/4

35

60

350

34

343/4

800

155% 1553/4

34%

35

44

13,600

37 Y4

34%

-

200

3,300

44%

43 Ya

128%

34%

46%

46%
•43

*37

35%

130%

44%

155

7

6%

•128
34

119%

Anaconda Wire

44%
155

7

128%

37

37

37

128%

8%

Anaconda

'43%

46%

63%

7%

.

1553A

45 3/a

46

170

170

6%

119%

Andes Copper Mining
A P W Products Co Inc

3

170%

170

8%

50% Jan 28

5% Apr

171%

67/a

7

62 3/8

24% Jan 24

18

•170%

7

170

67/a

119%

26

41% Feb

13
22

170

•169%

7

8 3/8

Mar 26

16

8% Jan

16%

62%

Anderson-Prichard Oil Corp

27"% Nov

16%

29,700

1193/4

Corp com

preferred

Anchor

4

26% Mar

15,900

16%

5

7

465/a Mar 20

25%

16%

25

22

20"'

25%

16%

100

Feb

97

25%

16%

100

common

82

18

25 y8

163/8

1543/4

5

preferred

American Viscose

5%

200

253%

170

59

300

15 y8

100

953/4 Jan

18

*129%

351/2

•35

25

Tobacco

88 Ya Mar 29

15

*583/4

100

71

Oct

47

100

preferred

35%

16'A

47

34%

•35

2,500
13,500 "

251/a

44%

*35

73/4
32 Ya

163/4

44%

*37

7%

32%

25y«

47

*126%

73A
323/4

35%

443/4

25

l37/a

*7%
32%

35%

473/4

preferred—100

101

•13%

25%

473/4

Amercian Snuff Co common

-

16 3/8

♦44%

44%

13%

353/4

No par

155%

35%

*35

•100

101

25%

Building CO—No par
Amer Smelt & Refg com
No par
7% preferred
100

American Woolen

Oct

29% Oct

7

73/4
33

13 Ya

16 3/8

257/a

Sany com__No par

135/a

110

25%

•35

35%

25%

American Ship

7%

13%

133/4

33%

preferred

noncumulative

13%

7%

No par

Light

American Safety Razor
American Seating Co

6%

♦100

33%

7

52

14

7%

37% Jan

119

101

13%

137/8

33%

20

2

•100

101

No par

&

Amer Rad & Std

137/a

1

American Natural Gas Co
American Power

*100

*80 !/4

No par

American Molasses Co

Feb

2

14 % Mar 28

83

143/8

American Water Works Co Inc

37% July

*81%

56%

1

773/4 Apr

82%

143/4

9% Feb

3

*81

7,700

56%

3

Apr

6,300

14%

22

2

300

19

56

8% Jan
30

81

18%
99

18Y4

563A

116% Jan

3

81

18y4
99

19%

18%

147/a

6

21

81

19
99

19

•98

56%

American Tobacco

119% Jan 24

19%

19%

14%

30

Mar 12

81

183/4
100

19%

No par

Amer Machine & Metals

American Tel & Tel Co

59

193%

81

18%
♦97

100

American Metal Co Ltd com—No par

American Sumatra

138% Mar 28

19%

81

19%

19%

11

3

195/a

18%
♦97

*80%

15

129% Jan

187/a
100

10

100

com

preferred

14
16

Mar 16

94% Jan

July 17

16

*97

213%

No par

3.90%

16% Jan

Jan

18%

1

100

7%

157% Feb
66

1,100

77%

29

Mar 13

5,900

•76%

xl53% Mar 11
57

6

6

6%
78

American Sugar Refining com

163% Sep

363/4

36%

36%

*76

6

16

*6

78

No par

60% Mar

36%

♦76

No par

133% Feb

6%

79

6%

6

6 3/a

*6

600

2,700

43

♦77

American Stores Co

14

36%

36

6Va

♦39%

40

77

American Steel Foundries

Mar 14

36%

♦39%

77

2

Feb

6%

41

*40

78

29

15

36

5'/a
42

*6

36% Jan

127

367/u

367/a

367/a

♦40

*76

363/4 Jan

9

41%

*40

5

5

No par

common

3

6

36%

5%

5%

5ya
41%

5

1,600

noncumulative preferred—100
American International Corp_No par

6%

20

Mar

5%
*40

5%

Shares

6'/a

16%

613/4

Apr. 4

the W«ek

32%

10%

52

Friday

Apr. 8

Apr. 2

Apr, 1

200

1,500

Sales for

16%
61

44 Ya

♦44 y»

Thursday

10%

51

•

45

PRICES

Wednesday

165/a

/.

130

7,800

114%
275'/4

113%

10%

1

600

1,000

91%

•260"

115

10

com

18 Ya
23

•90

♦156

280-

Tuesday

*63/s

18 Ya

23

18%
23

91%

91

290

1133/4

453/4

♦31

18%
•223/4

163/e

34% Apr
57% Feb

23% Feb

25

46% Apr 25

92

116%

453/4

Mar. 81

Mar. 29

6%

x33Ya Feb

138

15% Nov 30

13% Apr
4
5% Oct 22

Monday

31%

15

40

28

Sep 10
31% Apr
3

160

463A

6%

38% Apr 27
73% May 28

30% July 2
32% Jan 10

70

Jan

167

5

32% Mar

8

9

31% July 19

x93 % Dec

160

*453/4

31%

American Home Products

31

30% Jun

♦158

46

6%

preferred

Jun

8

159

46

31%

Co

Leather

&

6'% Dec

57% Apr

*152

1

Electric Co

&

American Hide

75

128% Dec

113

Par

Export Lines Inc
40c
Foreign com new___No par

55

591% Jan

9

Jan

8

*91

♦260

183/4

*

2

Jun

913/4
115
290

No par

American European Secur

63'A Jan

3

Jan

2

59

913/4
112
*260

lll'/a

Saturday

American Encaustic Tiling

121/4 Mar

9

60% Aug

14

Mar 10

10% Mar 26

50

51s/a May 15
41i% May 19

913/4
290

111

LOW AND

20

EXCHANGE

Highest

9

11

22'% Feb

3

6

1

Feb

8

*91

*255

STOCKS

Range Since Jan.
Lowest

321/4 Dec

4

19

22 Ya

44% Apr

1951

2

*18%

*22%

156% Mar

Aug
2
583/4 Jan 15

Lowest

10

10
100

com

16

285

Range for Previous

Jan

500

31
48

180

150

190

2,800

47%

10

Dec

74 Ya

31

29

59% Jan

74Ya

48

Jan

127%

1

31

42% Jun

Jun

76%

48

6

37

♦74Ya

31

2

123% Jun

753/4

No par

131% Aug

Dec

*74Ya

343/4

No par

294

X143

753/4

34%

American Chicle Co

2

42

34%

American Chain & Cable

4

31% Jan

3,600

177

34 Ya

1

71% Jan

12% Jan

1273/4

343/4

8

1713% Jan

x77

126Y4
177

343/4

48 % Apr

26

Jun

128

351/4

♦74%

76

♦74%

10,300

178

127%
•177

5%

32% Feb

96% Jan

17

177%

300

9,400

5%

5%

2

13

293% Jan

128%

177

11

10

18

Nov

128

1773/4

5%

347/8

35%

35

106

10

Jan

20% Feb

44

129

177

105

11%

42 3/4 Jan

89% Feb

Nov

5%
1273/4

178

4oy2

407/a
107

11

30

9

5

5Ya

40 Ya

♦105

21

19

5% Jan

11%

53/8

11%
5Ya

50

19

24

21'% Jan

40 Ya

106

11%

1293/4

127

34 Ya

74%

40 Ya

106

5 Ya

*176%

100

v

4

Year

177

343/4

40 3A

106

11%

5%

127%

177

No par

]

preferred

126

11%

113/8

51%

25

100

preferred

American Car & Fdry com

7%

113/8

•17Ya

200

32,900

Feb

Nov

16 Va Nov

preferred

♦62

33% Oct
x45

28% Feb

...

1952

123/4 Jan

22 3/a Feb

111

2nd

106% Feb

18% Dec 26
Jun

common

preferred

4

21% July lo
89

6%

9

393/8 Jan

2

American Bank Note
American Bosch Corp

Apr

10

1183/4 Sep

2

39% July

49% Mar 13

39 % Jan

185

29

73% July
27% July

27

102% Jan

7% Mar

27

x29 % Jun

2

6

14% Apr 30

2

Dec

19

143/4 Jan

16

29

163

61% Feb

28

Jan

114

6
10

5% Jun

2

4

Feb

44% Feb

25

10% Jan

19% Jan

Jan

13

5
2

12% Jun 29

58

46% Feb

16% Jan
57

64

•98

28%
•103

101

29%
106

98%

28%
•103

28%
106

720 t'

3,300 "
80

461/4

46

46%

45%

45%

44

44%

44

44 Ya

11,500

-

700

44

183%
6

553/4

18Y4

•18%

5%

5%

•5%

55 Va

55Y*

•18%

54

183A
6

55%

\

300
200

2,600

,

*

r(

16

»

j

'

'■•?/*»The Commercial and Financial Chronicle

.

.

Monday, April 7, 1952,

.

(1444)

RECORD

NEW YORK STOCK

LOW

STOCKS

Previous

Range for
Year

Highest

Lowest

Highest

Lowest

8

27% Jan

22

Mar 11

41% Jan

30

Armco

19% Jan
36 Va July

51% Jan
12% Jan

2

9
10

18

8% July

20
46% Jan
3
7

109% July 17

Dec

96

76 % July

36

29

59% Aug

4

Feb

20

96

Mar 13

50% Feb 26

7

104

Jan

120

Aug

57

Jan

23

19% Feb

5
8
16

Dec

26

13% Feb

116% Jan

3

Jan

12

22% July 12

28% Oct

15

Sep

5

3

8

Apr

i" 25% Feb 20

26% Jan

2

36% Jan

9

47% Jan

25

21% Feb

42

2

27% Jan

26

11%

11%

11%

11%

90%

90%

90

54%

55%

55%

56

par

953A

953/4

96

96 'A

96%

—

99

114%

115

*17

20

Nov

7

28

61% Jun

66

Jan

22

26

26

26/

46%

46%

46% -""■ ••45%

23'A

23%

23 %

73% Feb

27

84% Mar 31

Aug

3

51% Jan

4

10

21% Jan

7

75% .Tan

"T

4

4

17

96% Feb

28

6

72% Jan

9

x93% Jan

2

28% Sep

t

37% Apr
110 % Jan

31

Jan

11

29

10% Jan

15

18

16% Jan

10

8% July 10

11% Jan

19

7% Nov
15% Sep
12

92%

14% Dec

Aug 23

G

•'

30

24 % Feb

31:

"92 Va

93%

71%

*71%

71%

4

7% Jan

6% Mar 26
Jan

26

Feb

15% Feb

30

7% Feb

19

15

31

8% Mar

1

43% Jun

18

51% Mar

8

24

30
15% Jan 22
24% Jan 17

71

81

71

" *';82

84%

53%

533/g

53

24 Vb

24 %

24

94%

96

94%

96%

94%

97%

95%

88%

89 Vb

98%

98%

29

29%

29

29 VB

—5
*

*28%

*63/4

7

*63/4

22

53

23%

23%

1,100

963/4

94 %

95

6,, 00

105%

*101

110
88

893/4

89

89%

87

98%

99%

98%

28%

293/a

28 Va

29

38 VB

'■

37%:

(

28'/»

6%

*63/4

6%

*6%

15%

*15Vb

100

'6%
15%

*15%

*15 V»

153/4

8%

8%

*8%

83/4

8%

*13%

13%

*13%

13%

7%

7%

7%

73%

7%

7%

•7%

7%

46

*

U'/ar

13 '/4

"7%

7

,..'46

800

7%

33,100

'46 Va.

45%

*45%>r, 46%

1,600

13

13

7%

-

200

*_

!83/4

8%

8%

8%

8%

13%

-

140

23%

*13%

46

2,300

1123/4

30%

8%

45%

5,500

37%

\

'112

1

800
•

*28%

13%
46%

113

20,100

30%

8%

46

*37

38

*112 i

113.

"13%

46

3,300

99

28%

Mfg Corp (The) common
3
$2.25 conv preferred
No par

7

82.

52%

99

5c

'46 "

13,100

8IV2

*63/4

15%

500

53%

*28 %

6%

*15%

153/4

*15%

16%

"15%

150
""

24

109%

*112

V

32

2,700
:

70%

82%

53 Vb

*23%

Amer—5

—

Of

Co

70%

•'

*101

38

383%
113

113

111%
32

6%

6%

No par

38

38% t 39
111%
*28%

32

"28

3,630

93 Va

283/4

29 VB

28%

*32%

89%

100

x98

'46% V-V -:'4,800

'

99

913/4

89%

90 %

98 «/b

.

"533/8

*101

110

>101

110

*101

110

88%
98 vb

Avco

18

81%

96%

25

-

500

96

24

($1.20)_—No par

pref

prior

7 r^-

71

813/s

38%

16

11% Jan

71

24

"101

46

93r/a

531/4

—100

;

26 Va

*26

t

■

92%

84 V*

111%

Automatic Canteen

9% Jan

92 Va

923/4

*92%

—No par

Autocar Co

Feb

92

l93/4
91%

'93Va

53

38%

3

tl

193/s
91%

*92%

23%

(voting)-—

•

5

7% Feb

19 V*

8334

series

9% Jan

2
44% Jan 21

25

19%

23%

common

15% Jan

Jan

7

6% Jun

19%

84

Powder-—V

Conv

23%

193/B

53%

111%

14

,

/

53%

20

•

13

23"

'

1,300

'

83

Austin Nichols common.

3

23%

.

''700

.

4

93%

71

:

3

Mar

46%,

23

23

"23%

—

Common

45%

46

10

JLines common___l

Refining

Preferred* $3.75

•

8 V*

8 %

'

92%

*92%

93

*71

'4% convertible pfd series A—100
Atlas Tack Corp__4
No par

,117% Jan 30

25'/B

50

Atlas Corp

26

26%

K

*

*92

50

—1.

W I SS

&

Atlantic

26%

■

4p%
22%

23 VB

92

Atl

1
1

44% Jan

8

25

Jun

20

92

Preferred

28

Apr'

30% Jan

3

18

13

26

19%

93

Atlas

18

Sep

120:

Jf?n

xlOO

26% Feb 27

12

43% Sep

28

108% Dec

20

Atlantic Coast Line RR

91% Apr

.103

Dec

8%

470

■

114%

*17%'^i7%-

17%

8%

20

*913A

Common.

-1

45%'

22%

*19%

Atlantic City Electric Co

1

24% Apr

,

97 % Apr

105% JtCn 17

25

Jun

7

80% Sep

110

May 23 ;

31

Feb

82

-

22

64 % Jan

*25%

'

20

10

'*113%

114%

650

17%

.

1st preferred

1,000

3,400 r

93

8%

17%

8%

26 -V,

23'A

--j.—y,———1
■-—100
■'( 6% 2nd preferred100

72% Mar 24

2

29

Jan

4

Aug

*114%

*97%

98

''

90 Va

55 Va

55%

55%"

'

26

~

46 Va

Investment Co__

25,200 1

*

83/4- "

*8%

8%

com—1

Associates

13,500

11'A

*90

91

*97%

1143/4

17%"

17%

8%

5.25%

Jan 23

98

98

114

17%

Atchison Topeka & Santa Fe—

2

60% Jan
X25

./

23% Oct

30

92 % Jun

2

55

31

83

Jan

55 Va

*97

v

83/8

'

Common

7

11%

11%
*90%

55 3A

"

8% i

"When issued"____„_—_——-

16

68% Dec

3

68% Oct
IB Vb Jan

•

.

82

41% Jan

50% Nov

28

.

25
Oct 11

98

21

Nov

89

20

Feb

91

101% Sep

20% Jan

96% Jan

18% Feb
91

2

.24% Oct

Nov

113/8
90 Vb

*55'A

17%

*17

17%

26

Industries

115

114

113

113

5

Associated Dry Goods Corp—

91

-.

37%

11%
'

par

1

Ashland Oil & Refining Co

23% Mar 25

11%

90%

54%

t'

4,700

23

37%

-

37%

373/8

90

11%

91

54%

Carpet Co Inc——No par
Inc.
——•
2.50

Artloom
Arvin

11%
90

o

377/b

37%

22%

23%

23

Shares

Apr. 1

Apr. 3

22%

22%

38'A

par

No
No
No
No

preferred

convertible

$4

Arnold Constable Corp

8

Feb

9

-

23%

373A

38 3/s

37%

38%

22%

the Week

Friday

Thursday

Wednesday
Apr. 2

par

Illinois com

of

prior preferred

$3.75 preferred

1
22

17% Jan

9

8 Vb

99

4
22

111% Mar

Co

&

$6 conv

373A

/

Sales for»

PRICES

SALE

Apr. 1

23%

23'A

233/4

23 Va

10

Corp

Armstrong Cork Co com

28

16% Jan

92 V8 Jan

15% July

91 % Dec

Steel

Armour

5

12% Mar

11% Apr
88%

5

Argo Oil Corp

HIGH

Tuesday

Mar. 31

Mar. 29

Par

EXCHANGE

AND

Monday

Saturday

STOCK

YORK

NEW

1

Jan.

Range Since

1951

2.DOO:

1

B
9V4 Dec
10

28

Jun

2

July

2

15

,

17% Feb
36% Feb

20

21% Apr;

20

18% Jan

11

30
Oct
3

65% Jan

Jan

2

88

28% Jan

19% July

Mar

38

Nov

19% Oct

Mar

107

27
29

96

37% Feb
89

Nov

Sep

29% Jun

25

35

Feb

7

33% Jan

14% Dec

14

21% Jan

Apr

1

55% Jan

32% Jan

28

: Jan

19

92

28

1% Jan

2

18% Jan

25

28

Feb

28

13

93

Feb

6

87% Oct

26

32% Feb

1

17

37% Feb
Jan

5
30

155% Feb

16

87

,

Aug 21

2

60

46% Jun

29

138% Dec

27

16% Nov

23

80% Dec

31

91

Aug

14% Apr

2

18

29% Jan

4

7

2

17% Jan

16

26

22% Dec

7

36% Jan

19

56

2

.

f

41% Sep
44% Jan

3

16

Jan

19

Jan

12

58% Jun

16% Feb

/

19% Jan

1
'
2 '

.

Apr

11% Jan

Bon

9

95

8

Mar

40% Jan

,

Co

20

25% Jan

Apr

17 /

1

,<_■

3%%

23% Jan

3

40

July 23

13% Jan

2

19 Va Oct

31% Jan

class

2

3

34% Mar

9

40% Oct

19

; Dec

11
28

38% Feb

26

105% -Jan

11

Jan

33

17

11 *

:

3

95.

■

Jan

2

13% Feb

16

12

Jan

4

2

Jan

53

3

5

23% Jan 29

17% Feb

6

19% Apr

2

25% Dec

23

Feb

122% Dec

14

13% Dec

26

18% Jan

2

45% Jan
-

19

Oct

3

32

37% Jun

47% Feb

25

17% Nov

23% May

8

Dec

31

83% Oct
13% Jan

100

Jan

87% Feb

3

18% Oct

2

Jan

21

13% Feb

14

123

24

91% Jan

8

82

4

127% Aug 20

26

76% Jan
Feb

41

,

27% Feb
39

19.

4

21
19

12% Feb

14

55% Feb

84

26

10% Jan

14% Jan 29

19

75

Dec

19

7% Mar 15

21% Jun 29

18

9

19% July

8

2

25% Oct 22

2

8% July

2

Co!common—
No
preferred
—No

7

79% Jan

31

45% Feb

4

33 % Apr

4

Bullard Co

$5
'

!

4 ;

19% Jan

3

8

92% Mar 31
82

25

27 *

Feb

18% Jan

Biuova

Watch

27

12

Jan

2

13% Jan

7

125% Jan

17

14

-13% Jan

3

4% %

81% Feb

18

14% Jan

17 V

19

26

Feb

7

78% Jan

12

Jan

3

109% May 15
25% Oct

106

108% Jen
-25% Apr

4

20% Feb 26

13

'July 24

5% Feb

Jan

2

RR% F6b 21

10

11%-Sep 21.

2% Apr
•

8 Vb

Apr

29% Jan

10

22% Jan

30

13% Apr

16

91% Dec

28

9% Feb 21.
92
Feb 14

41% Jan

<2

Feb

6

14

15% Jan

4

20

Aug

6

21% Jan

2

38% Dec

10

19% Jan

,|2

16

2

Feb

16

23% Sep

10

61

43% Jan

10 V8 Jan

17

23% Mar 28

2

"11% Jan
95

Jan

19

47% Apr

4

17% Mar 11

20% Jan

11

'

32%Ffeb
46% Feb

20.
26

:

40% Mar 31
56

Apr

3

21% Feb 20

: 24% Jan

-65% Mar—7

51%- Jan

¥1

55% Feeb

July 11

12% Feb

29

-Jun

1

Jan

2

"19% Aug

For footnotes

see

2

page 26.




ltf% Jan

16% Jan

Canada Southern

18% Jan 30

Carey (Philip)

14

14%
11%

Inc

11%;

50%

*943/4

96

95

95

*94%

96%

*943/4

96 Va

95

;*125/8

13

12%

12%

*12%

13

f

12%

12%

*12%

42

42%

42%

42%

42%

42%

.

42'A

42%

*41

26%

26%

26 Va

26%

*26%

*26 Va

26%

27

13

42

-

26%

1234

127/b

-*34%

12%

:

;

12%

:

11%

.

27

13%

12%

35%

34%

35

*34 Va

36

16%

16%

16%

16%

16%

16%

16%

16

16'A

34%

35 VB

353/8

34%

35

34%

35

343A

343/4 ;

33%

; *32%

"32%

•>%

52

52 %

51%

513/4

513/a

51%

51%

51%

*51%

52%

12%

12%

12 Vb

12%

12%

12%

*54%

54 Va

*54%

"C

52

*52%

54%

54%

18

173/4

18%

*17%

18

17%

25%

25

253/a

24'/a

25

24%

543/4

14

17
92 Vb

121

13%

87

*82-

17%

17%

14%

14

14Vb

77 V2

77 Va.

125%

77%
*43%

44%

31%

31%

31%

39

39%

39

~39

163/4

92%

'

165/8

17%

92%

87

*82

120%

*120

13'A

*

393/4

*923/8

173/4

17%.;

13%

133/8

*81 Va

133/b
83

120%
13 Vb

81%

-

*81%

."81 Va *

81%
12%

12%

12%

123/s

12%

123/a

23 %

*22 3/4

23 Vb

22%

223/4

*22%

23 "A

107%

107 Va

107%

*106%

107%

*106%

107%

23%

23%

23%

26

25%

233/8

3 VB

26

3%

3

3%

3

83/a

8Vs

8%

8JA

*92 %

37 3/4

■:8%

233/a
•'

233/a

23

9%

93/4

4

92

93
47%

92 Va

-

*46%

-t

47%

18%

17'A

173/4

38

37 Va

40 3/4

'

52%

52%
'•

.

52%

•52-

23%

23%

-•233/4

23%

54

*53%

54

*53%
13%

18%

8%

83{,

9%

*18

:_25

26%

3

23 %

*40%

No par

26

3 Vb

3

8%

*22s/8
9%

100

26 Va

"

8 3/8
-

23%

26 Vb

26%

3

'

..

■23%

'23'A

23%

26

4

.

13%

18%

23

23

V,

23%
'»%

92%

92'A

*92%

47%

'*47.%

*47.

*17%
39
53 Va

23 %

*53%

13%

14%

14

18%

18 3/B

18 3/8

183/8

9%

*18

,

22%

::

9%

,

17 3i

9%

■

24,700
20
*

20

17%

7.300

13%

-

13%

1,100

13'A

13'A

6,100

81

>

81 Va

630

12%

5,200

12%

12%
23

223/4

V

300

223/4

-107 Va

25'A

5,900

25%

25%

*107

25

25%
'

3 Vb

2%
8%

1,900

3.

8 *%

8%

22%.
9%

9,600

22%

*22%
-

16,500

9%

'•1,200

93A

7,300
-

-

*92%

93

93

93-

47%

*47%

47%

47%

473A

18 3/8

*18

18%

18 VB

18%

Vb

38%

393/8

275,800

"55'A

55%

1,400

'23%

3,400

93

}

40%

39%

40 VB

39%

40

53%

*53%

54%

543A

56

24%

23%

22%

23%

23 Va

54

53 Va

53%

*53%

14%

13%

14

18%

18%

18%

13%

18%

54 Va"

13%

18%

<

20

24%

107 Va

'

140

*118Va -120

13 3/s
82

*22%
*107

800

87 •:

120%
*

12 3A

123/8

100

6,200
•

•

23%

*107%

"81 Va

16%

300

93%

13 'A1

12

.

16%

177/8

13%

13%

33%

*82

17%
120

120 Va:

44%

'

13 Vb

18

121

13%

44%

*39% -39%
*923/8

/

>20

18,400

14

r

93

••'82

4,700

77%

16%

16%
82

87

1,000

24%
125%

13%

31

39%

L

93

300

32%

32

16%

92 %

*82

1,900

77%

■

443/8

*44

•

<•

13%

17%
*13

81%

14

44%

13%

a

13 %

*124

500

•

17%

-

*124

125 Va

■-

54%

24%

24 Va-'

24'A
*124

14%

77%

120%

13%

17%

173/4'.

17%

:

24%

77%

13%

*13

121

17%

2,700

-

12%

54%

81%

*225/8

^

&

Mfg Co_!_-u—_^_-_10

39%

16%

,.13%

.—No par

1

■''

92 Va

18

12'A
54 Vb

303/4
„

17

173/4

12 Vb
54 Vb

*43%

32

93

-

52

12

*77%

443/4

167/8

87 ■;

13%

Vb

79 Va

77 Va

*39

39

.

4,700
'10

323/g

52%

12%

300

"

32

101%

,

*51%.

125%

*124

124

13%

14

•

1,900

x513A

54%/

130

5,300

34%

523/4

.

'■■■•'-

16;
:

53

52%

*

52%

900

7,100

12%
343/4:

32%

*100

900

1,400

42 '•■"

•

32
:

101 >/a

250

"27

•

124

125

*100

"4.300

123A

34%
'

32 Va

31'A

"

101%

52

'

32 %

31%
*100

'6,800
.

,

95

16

v,

32 3A

*32

32%

*32 %

32%
32%
100

100

100

*99

100

32%

33

3'>VB

31%

4

*34

V r

;/.2.500

11%

12%

123/4 <•

12%

12%

35

35%

.

36%

*82

100
110

6,300

683/4

113/g

*92Vb

com—1.66%

Ltd

11 Vb

50%

-

>

250

1,650

14%

<

68% f

39

5
No par

,

14%

51

'

.100

3,400

9

9

14%

14%

.9,200

,

28%

28%

9

69

100

Ry Co

28%

9

-1,200

48 Vb

50 Va

•„5

-

2

14%

■

14.200

37.

68 Va

15

commofl,

Breweries

Capital Airlines

14%

31%

No par
Capital-Admin class A common—1.
$3 preferred "A—
;
LlO

31

14 %

/

:

■

19

.

47%:
■36%

37

7,800

,
'

16%

503/4

13%

Cannon Mills

*

9%

*43%.

pfd

Canadian Pacific Ry_l_^^

.

28%

18%.

18 3/s

483/4

28%

.'

•„

300

17 Va
•

68%

*124

1

Bldg 7%

18%

47%
37 %

"

9

313/4

preferred

Canadian

11

17 V4 Mar 22

1

23

5

;

28

:

163/b

I

37

.

25 %

,

Canada Dry Ginger Ale
$4.25 conv preferred

7
14

37%

,17%

16%

37%

*36'%

16%
19

49 ,
37%

Shares

Apr. .4 / /

37%

■163/b

19

18

California Packing Corp__:
t 5
Callahan Zinc-Lead
f.
1
__1
Calumet & Hecla Cons Copper__l_5
Campbell W & t Foundry
No par

,

37%

«

48%

.■

28

78%

participating preferred
Byron Jackson "Co

3% Jan 22

1/

8

10% Oct

■108% Mar

29

4

i55/8*

19%
49 Vb

;v::

Apr. :i

*36%

the Week

Friday /,/?

68 v

12

100

7%

4

15%

193/8

9%

44%

1

(A M)

155/H

483/4
'

28 Va

*77V2

Butte Copper & Zinc_
Buyers Co

17%

9%

.313/4

Butler Bros common

11% Mar 27

Feb 13

Terminal

17%

' '•

,173/« -"17%

37%

37

95/a

-28

-*43%

—1

Inc.

'4% preferred
3%% preferred

Bush

*36%

1*7%

■yy :r j

■

-

Apr. 2

'Apr. 1

V

Thursday

Wednesday

9%

28

par

Bush Terminal—

30

Jan

■

363/4

Sales for

PRICES

SALE

50 5/8

*54%

L
100
Burroughs Adding Machine—No par

7

;

377/a

373/4

—No par

:

Co

HIGH

Tuesday

19%

__1

:

AND

'■'

21%

11

<-

Burlington Mills Corp common—_1
■:

21% Feb

48% July 18

*20%

69 Va

*

12% Feb

,

21% Nov

•52

21%. a:

49 VB

*

Buffalo Forge Co

18

8

48

*20%

513/s

5

(The)

26 '

3

33

w.

11%

*51

100

28

19% Oct

2% Jun 29

21%

■15% '."15%

4

101% Jan

*20%

68%

par

Feb

.14% Jan

28% Mar

88

21%

50%

*99
*51%

1

Oct

15% Feb

135

130

*20%

17%

'

Budd

126

-

11% July 17

•3,600

16%

11 Vb

313/4

-15

v

200

163A

*81% .'82%

17

69%

*33

__1

46,100

82%

163A

16%

140

Inc„_

145

5,900

•

*81

17

17

17%

34%

100

1,000

31%

:

;;

17%

37

*

■17%

96

230
27,800

493/4 ;. 50 3/B
*141% 143

51%

2.50

;

*141 Va

143

143

144%

■

69%

*

No par

Co

*143

31

f '■

51

12%

i.15

Bucyrus Erie Co common
7%. preferred

119

,

Shoe

503A

-11%'

*35

—No par

com

Bigelow

31'A

50

69

BrUnswick-Balke-Collender—No par

14

Feb

&

V Browh

Mar 13

Mar

17

Brown

30%

;:i4%

>

preferred

conv

30%

49% >-503/8

.,

82%

19%

12%

18 Vb Mar 31

.

Feb

Jan

cum

303/a

51%

51 Va

'*26 VB

27

.

4074

% Jan

76

11/

7

5%

31

•

15/B
21%

*81%

48 VB

42

f

No par

3%% preferred
Brooklyn Union Gas

;

1%
*27%

11%

*94%

i_5
2.50

Briggs & Stratton

Mar 29

16

31

Bearing Co
Airways Inc
-1

Bristol-Myers Co common.

11

l5/«
21%

14 V4

Briggs Manufacturing Corp—No par

Jan

1%
277/s

69 '

■■■j

100 ;

1

89%

1%
27%

11%

.—100

_i

"8S %

1%

51 Vb

-

.

100

i_

f "

10

,.>,400

32 V#

.
•

82%

20

14'/b
*

.45
5

'

27 VB

"

*■

32

'

3,900

•

-

*81

Mar. 31

.

92

*89

>

V.

900

49'A

v

82%

37

.*'■

32>A

49%

493/8

32

89%

49%

ls/8

Mondav

16

>

21%

*20%

9%

3,100

23 VB

93%

27 VB

50%

.

17 3A

"

28

16

157/B
23
*92

23

93%

'

48%

*9%

89%

92

x30Va

313/s

51%,r
143 Va V

82

28'
"

1,400

1%

'

'

2,700

13%

*13

.

27%

1%
28

17%

17 3/4

48 Vb

.

"

37%

Brewing Corp of America

s

118% Dec 28

*89%

92

*90

16%

/

22

27

Dec

32%

37

15%

•

1.25

RR—

Bridgeport .Brass Co

54

7

17% Dec

38% Jun

32 VB

■

■

:_1

11

7

23% May 24

32 VB

32 VB

32

21V4

17%

No par

preferred

Braniff

53% Jan

3

May

I

Bower Roller

■

100% Feb
.

Jan

77

31%

5

34% Feb

9

49% Feb 20
x50

,62

5

25

36% Mar

3

16

13

49

Mar. 29

No par

■-

35% Jan

30% Jan

50% Dec 20

Mar

35% Mar 12

31 % Apr

"

5%

17% Jan,

18

53% Feb

Mar

49

•

21

14% Jan

48% Nov 29
49

49%

37%

Brass-

A

i„

Common

27%

2

15% Mar 25

3 "

36% Sep

11% Jan

49

:

50

•49%

*19%

preferred

14% Feb 21

12% Feb 20

x92

*92

17%

*363/4

_'_1

„

47% Feb

.

29% Feb

Apr

93%

2.50
_5

:

Bordeh Co. (The)
Borg-Warner Corp common

4

Apr

Aluminum' &

Ami

'

*.'■■■'■

3

10

16

30

*92

'

^

—

/ Book-of-the-Month Club Inc

6

Feb

70% Mar 20

29

29% Jan

93%

Saturday

Bond Stores Inc

21

11% Mar
53

Co:

W)

Class B_

25

14% Jan

(E

Rohn

2
1

'

3

Jun

i 27% Jan

23

*92

81%

Par

Co__

Boeing Airplane Co

*

38% Mar 28

12'

9

5

23 %

93%

LOW

Bliss & Laughlin Inc
*

29% Jan

26

89% Jan

,

8

53% Feb

12:

16%

23

*92

143%

Bliss

28

27% Feb

61% Jan

8

103% Jan

24

24% Jan

16%

233/4

•

16 VB

16 •■■■/

16%
*23%

145

14

51% Jan

\

49% Jan

9

11% Nov 26
Nov

13%

16 3/8

24%

J143

Boston & Maine

39 S

13%

13 Va

92

81

180

29 %

293/a

13%

piar

7

21% Jan

3

13% Feb 20
10% Jan
4

.

'

2

71% Mar

27

Jun

29 Vb

13 Va*

7 % preferred ————H—-100
Bigelow-Sanford Carpet (Del) com_5
4%% pfd series of 1951
——100
Birmingham Electric Co——No par

Blaw-Knojf

'

29

89 :

18% Jan 30

2

9

Jan 31

52% Oct

6

29%

32 VB

*20%

123/4

32%

29 VB

31%

50

17%

250

1,200

4,900

12%

13 %

13 VB

160

•
,

82%

12 3A

32

29%

31'A

No par
No par

12%'

29%

50%

V'

123/4

31%

31%

EXCHANGE

123/4

*23%

500
'

•21%

*31%

12%

13

52

Black & Decker Mfg Co

81

92

32%
*90:

«TOCK

81

29%

„' 16

17

98.

21%

V

*30%

31%

VOWK

21%

29 3/8

51

.

33% Feb 20

/

17

12

July

,

15 Vb Mar 15

15

9% Sep

13%

3,600

*80%

213/s

81

*80

2,500
-

35%

S8

213/s

31%

1%

NEW

39% Mar 12

14

18% Apr

14 '

6

17
13% July 23

15

44% Jan

,

Feb 13

2

Jan

14
'

16% Feb

4

20% Sep

.

27% Dec

9.

Jan

20% Jan 31

99

"

9%

*35

353/8

*97

"

100

"

21%

9%

*35

35%

;

38
'

21 VB

10

10

300

'

,*37

21%

29 5/B
*

STOCKS

30% July

46

7

37

24%

50

1

37
*21 VB

*30%

31

293/4

163/4

_1

700

31%

27 Va

r—

17%

193/4

*17%

*30%

"

40%- Sep

2

July

84

11

28
,

123/4

1%

':

17%

100

*97

21%

81'

*79%

13

28%

Ranee Since J->i 1
Lowest
Highest

,;

Highest

25

18 Va Jan

19% Jan 23

1951

Lowest

15 Va Jun

143% Jan

Mar 13

78%

A

*

81

13

1%

:

99

213/a

81

*27 %

Bethlehem Steel TDel) com—-No

'54% Jan 30

3
1

Jan.

21%

:•■

Co

17 V*

10

*35
"•V

99

21%

•/•;'

99

13

,92

10

common

/

80%

24%

pfd $3.25 ser of 1946_No par

'Best Foods

Previous

Range for

32% July

■

21 VB

*13 VB

—15

Corp

1,000

21%

10

35%

35%

35'A

35%
99

'

21 Vb

10

9%

10

Best &

22

33% Jan

16% Feb

AviationJL
Loan

35%

■

10

common—-

preferred ——1—^1——100

Cum

3

48% Feb 27

4%%

Co

81%

37

Benguet Consol Mining Co__ 18 pesos

7

140

Howell

Bendix

1

1% Mar

&

'Beneficial

29% Mar

Nov 28

Year

V

26% Mar

'

21% Jun 21

*

Jan

Bell

81

37

99

"293/a

10
1

82%

38

213/4

31

—50

Packing Co_
'Belding-Heminway
'Bell Aircraft Corp—

130

82

*37

9%

18,700

'67%

38

;
21%

40%"

40

40 3/4

152,600

*66

17%

10%

"123/4

—yl

*81%

21%

20

*19%

17%

21%

5,000
22,100

10%

19%

66

17%

21%

10%

20

-

80

pfd——-100

(AS)-4%%

82

8 VB'

8 VB

10%
20%

66

*17%

21%

2.50

common

Beech-Nut

25

14

4
3

Inc

Beech Aircraft Corp—
'Beech Creek RR

19

29% Jan

25

.

15% Jan

9

32% Nov

13% July

14

x91 Vb Feb

26% Jun

17% Jun

13

12% Mar 20

2

39

Feb

31% Jan

20% Jan

5

->

19

21

32

3

Mills

82

/"

VI'

8

10%
20

A

67%; ;■/
823/4

*66

173/a

99

100

66 Va

83

*37

*35%

preferred

20

17%

173/4

"17%

"

193/4
66

.

83

82%

82%

12.50

Beck Shoe

Jan

14% Jan

82

21

10
32% Dec 29

10

663/4

common

convertible

Beaunit

4

8

* Jun

*66

Inc

Cigars

3%%

9

1% Jan

77

22% Jan

20

/ Jan .12

49

67

100
10
10

10%

Beatrice Foods Co

59% Feb

29

46% Jun

*19'A

"65

:

40%

19%

—No par

21

19% Mar

94% Mar

41%

19%

38:

10

.36

23 V* Feb

July 23-

393A

213/4

Jan

1

41

"37

99% Jan

15% Apr

39%

20'A

*21%

15

30

39%

*19%

common

20

29 Vb Apr

39%

20 3/8

preferred-_i__—*—_^_50
11

Feb

3

2

Brothers

4% %

96% Feb

12% Feb

39%

"19%

Bath Iron Works Corp——-

Bayuk

15

30% Jun

:

1

22

12

89

23

10% Jan

7

14

17% Jan

Barker

10

Jan

41

78% Feb 14

July 19

10% Mar 13

78

19% Jan

>22% Feb

21

Feb

39%

50

"

100

(Delaware)-

Corp

9% Feb

19

21'A

Barber Oil

2

21

103/4

20

18

3

34

10%

203A

29

21 % Apr

8

10%

19%

Jan

36 Va Mar 18

17
8

12% Jan

9% Nov
31% Jan

17% Apr

31
9

7

3

43% Jan

Jan

10%

19 s/b

Bangor & Aroostook common
Convertible 5%, preferred

87

/

103/4

19 Va

preferred—100

noncumulative

4%

8

8%

105/s

19%

Corp

Baltimore & Ohio common.^
.

V

8%

8%
10 3/4

19%

1
13

-

Baldwin-Lima-Hamilton

2

,

8%

8%

8 VB

8%

8 Vb

10%

(B T) Inc

67% Jan

11

77% Jan

28% Feb

17% Jan

Babbitt

41% Apr
2
20% Jan 22

74 % Jan

14

37

20

16

■27% Jan

Jun 28

63% Sep
59

Feb

10

45% Nov 17

15% July
34

Mar 28

8

13% Jan

23^4

*53%

100
800

54'%
*

>10

13(Va

-

13%
18 %

'370

•

9,300

-18Va

1,800

■

Number 5105

Volume 175

.

.

The Commercial and Financial Chronicle

.

(1445)

17

NEW YORK STOCK RECORD
STOCKS

Range for Previous
Year

29

7

34

Oct

13

46

25 % Aug

Apr

35% Dec
58

2

9

107

Jan

22

Carolina

clinchfield

20

37

Apr

1

Carolina

Power

53 y4 Jan

28

Mar 28

17

21% Jan

23
10

45% Apr

20

12 y2 Jan

7

Jan

19

78% Oct

Jan

Nov

15

73

61% Feb 20

43

151% Mar 31

142%: Jan

2

3

47'A Jan

2

52

Mar 31

Feb

13

99 % Jan

3

104

43% Jan

10

41% Mar

116

,

51% Jan

6

Apr

12

144

.Mar 25

Jun

152

Jan

2

58% Aug

2

105% May 24

140

106%

106%

*105%

106%

1053/4

106%

36%

36%

36%

37

36%

36 3%

35%

36%

.

.—5

47

4?y4

48

47%

47%

47

47

47

47

—10

47
.
25 Va
44y2
*12%
62%
i. *150%

26 Va

26%

25%

26%

25%

26

443/4

45%

44%

44%

453/a

45%

12%

12%

12 %

12

12%

63%

63

64

63 %

64

Mar 31

106

5

*1053%

36%

18

102

Apr

preferred.4% series—x__50
Corp——1

(J I)

1%

.

Preferred 4.20%—,

100

—

Celanese Corp of Amer com

2:

150% Feb 26

,

1%

2nd preferred

.4

110 y4 Jan

2

4%%

3

19% Jan

2

Jan

8

■17 Va Jan

28

2

•

21

17% Mar

14% Jan'

2

15 % Jan

3

17% Oct

3

18% Jan

2

20% Jun

" 6

8 % Jan

2

10% May

9

16

23

17% Jan

23

47% Jan

17

10% Dec

21

10% Jan

29

32 % Jan

4

36% Dec

22

112% Feb

15

Jun

15% July

Mar

29

25

Central Foundry
Central

,_5

Co—X

2

Nov

26

5%

4

of Georgia

x_l

Ry vtc

No par

2

40

Feb

8

108

Apr

18% Jan

18

4

•

No par

Illinois

4%%

Idght

common

preferred

Class

B

20

27

16% Jan

7

17% Jan

14

Central

&

May 11

27

19 % Jan

5

21

Feb

6

Central

3

Jan

29

58% Feb

8

Cerro

1

Certain-Teed Products

8

8V2 Jan

2

11% Jan

18

33% Jan

25

58% Oct

30

14% Jan

2

18% Oct

5

14% Jan

33% Apr

6

40% Feb

7

34 Va Mar 25

Apr

45% Mar 14

16% Apr

21

Feb

42

104

South

de

Chain

Pasco

Belt

*150%

,

•V

152

150%

52

51%

104

*103%

104 %

43%

44%
' 145

443/4

43%

145

145

103%

103%

183/4

19 %

52

103%
18%

*142

*

42%
*145

1033/4

1,600

26 Va

26,300

26 3/8

25%
*44

45

12%

12

12

64 %

63

63%

151%

51%

*103 5/8

43%

42,3/a

42%

1145

30

5,700

18%

104%

100

42%

21,000

42

145

*143

102% 103%
18%.
18%

700-

51

503/8

104%

103 %

600

4*700

151

*150%

*103%

146

X183/4

163/4

47%

51%

103%

19

5,100

*46

*150%

s/8

310 'i

36%

45 Va

52
104

Shares

106%

36

63%

150%

51%

106%

12%

1

*103%

,.

26%
*44

"

146

100

102

102%
18 3/4
18%

7,300

5,100

16 3/4

163/4

16%

17

103/4

16%

*16%

17

20%

20%

20%'

20 5/a

20%

20%

*20%

203/4

8%

83/4

..;. 8%

1,300

83/4

8%

8%

8%

83/4

8%

8%

2,200

22 %

223/4

223/4

223A

22%

22%

22%

22%

51%

51%

50%

51%

50%

51

50 5/a

503/4

103/4

11%

103/4

11

10%

10%

10%

11

38%

108

*107

17%

38

16%

16%

16%

600

22%

23

1,700

,503/4

51

2,100

10%

11

8,200

*r

38%

*37%

38%

107

17

17

16%

16%

16%

600

17

*16%

16%

1,500

12,400

*16%

108

■'

108

40

16%

17%

16%

16%

163/4

16%

163/4

165/a

163/4

*20%

20%

*20%

203/4

*20%

203/4

20%

20%

1-9%

193/4

*8y2

20%
8%

*8%

83A

*8%

8%

33/a

8%

8%

*8%

8%

5

West

48

48%

48%

483A

48

48%

47%

48

48

48

47%

48

1

16

16"%

163/a

163/4

16%

16%

163/a

163%

16%

163/8

16%

16%

35

35

35

34%

35

34%

35

16%

Corp com__5

9.50

i

*20 Va

No par

Corp

Corp

Co_:

800

r

107

17"

*16%

'

17

38%
108

*16%

17%

163/4

17

203/a.

.

39

108

108

17

*16%

20%

*38%

383/4

38 %

*107

108
17%

17

50

:

1513/4

50%

11 Va
38%

,

*107
17%

50

x.

Century Ribbon Mills

8

104Va

11 ya
*38!/2

—*
x_l00

Violeta Sugar Co

10

15

2

1513/4

,

Central RR Co of N J class A

4

18% Jan

.-100

Hudson Gas & Elec

Central

1

5

preferred series B vtc

Central

11% Mar 26

Feb

17% Dec

13% Jan

53% Feb

Jan

36% Jan
104

2

28% Mar

2

•

*

15 y4 Feb

13

101% Dec

19

7

x—20

Central' Aguirre Sugar Co_

14

23% Mar 27

24% Feb

57% Feb

No par

"

Jan

16

9 % Feb

3

2

Corp common
L
5% preferred —x—

20% Mar 12

8% Mar 25

1

3

*16% July
39'/a Jarf
*

20% Sep

62%

*62%
151
50%

44% '44%
*142
145
103% 103%
18% ' 19 Va
16%
16%
*20
20%
8% '
8%
*22 y2
23%
51%
51%

<

100

Celotex

19% Jan

No par

—_

preferred series A_100

conv

*12

12 %

50 %

preferred
:_100
Caterpillar Tractor common——10
:

44%

*103%

x—25

Co common-

26%

106%

the Week

Apr. 4

105%

Case

55% Jan

May 24

Friday

Apr. 3

36y2

Conv

'

98 A Dec

Sales for

Thursday

Apr, 2

105%

&

Carriers & General

6

Mar

155

*

PRICES

Wednesday

Apr. I

No par

2

10% Feb

6

SALE

Tuesday

Mar. 81

Light

&

Ohio Ry_100

AND HIGH

Monday

Mar. 2!)

Carrier Corp common...

26% Mar 29

39 y2 Jan

Dec

Saturday
Par

Carpenter Steel Co

45% July 13

Jan

9% Jan
138

t

LOW

STOCK

EXCHANGE

13

18'A Jan

52

Feb

YORK

NEW

1

Highest

104% Jan

lliy2 July 17

23

30% Jan

35

Lowest

Highest

103 % Nov
46

Range Since Jan.

1951

Lowest

*34y2

10

17

17

8

*34%

35

*343/8

900
300

3,900
14,200

35

700

I

•

32

Dec

107% Feb

3

25

2

98

18

16

15

23

97

25% Jan

38% Oct

Nov

6

9 % Jan

25

5ya Aug 10

•

29

2

Jan

Aug

.Jan

29% Feb
104

•

Common

4

Checker

8% Jan

17

34% Feb

14

28 y2 Jun

26

38% Feb

8

33 y2 Jan

2

35% Jan

Apr

27

90 % Jan

2

81% Jan

4

84

Feb

28

14

May 24

23% Feb

24

16 Va Feb

20

19

Mar 15

20 y4

July

Feb

3%%

13

22% Jan

18

12% Jan

9

Feb

9

15% Feb

20

17% Oct

29

33% Jan

9

18% Feb

20

27% Nov

5

38% Feb

2

28% Jan

4

32

12 y2 Jun

29

1

15 y2 Jan

4

.

17

/ 19

12% Mar

Jan

16

14% Feb

5

25% Mar 14
19

4

Mar 14

7

7% Feb

26

25

30

Feb

19 Va Feb

4

24

Mar 19

39 Va Jun

28

59% Feb

x39 % Feb

27

49

Feb

Nov

24

28 y2 Mar

15

Jan

16

19 Vs Mar 28

29

52% Feb

32% Feb

20

38% Mar 28

52% Oct

46% Jan

9

55

Feb

27

Feb

27

Dec

37

58% Apr

27

70% Sep

43% Oct

29

61% May

26

57% Mar 28

9

89

Feb

8

28

12% Feb

6

Jan

8

19 % Jan

16

16 Va Mar 17

3% Dec

28

8% Feb

8

3% Jan

15

10% Dec

5

19% Mar 30

10% Jan

26

13

18

Childs

4ya Mar 12

38% July 31

50

Feb

13

41

Feb

29

48% Jan

65 ya July

82% Apr

14

68 Va Feb

27

Lowest

3

40

Dec

31

38 y2 Jan

15

Dec

27

107

Feb

26

94 y4 Jan

2

101

30

Jun

29

38% Apr

27

31% Mar 15

36

43% Jan

8

57% Dec

11

54

Jan

22

84% Mar 28

120% Sep

10

98% Jan

10

11% Jan

18

Jan

,8

3

Oct

94

27

15

27% July 31

32% Mar

16% Dec

27

21% Jan 26

41% Jan

Jan

140

Oct

15 y4 Mar 12

75

Dec

99

Apr
30y2 Mar

„

46% Feb

Feb

5

140

Apr

25

74% Jan

5

76% Jan

5%

7

48% Feb

21

53 y2 Apr

Cleve

5

Jan

Feb

7

155

105% Mar 12

26

38

Oct

18

36% Jan

74

Jan

31

65 % Jan

14

38% Dec

28

44 y2 Feb

5

37% Jan

13

31 % Feb

110

17

30

41

130% Dec

28

Jun

36% Jan
25 Va Jan

2

4% Apr

14
1

28% Mar 28
130 Va Jan

91

3

134

3

83

Apr

4

88

Jan

12

102

Jan

7

16

Oct

26

Jun

29

55% Feb

10

Dec

18

100 % Feb

5

16% Jun

25

23% Jan

29

806

85

Elec

87

109% Jan

11

Jan

4

Jan

2

94% Mar

4

8

22% Apr

3

28

34

Jan

2

40 y4 Feb

33% Jan

2

39% Feb

1

11

Columbia

15

Columbia

Pictures

21

Feb

26

13% Jan

58

July 31

Mar 22

59 % Feb

5

61

19

42% Jan

3

61% Apr

4

Columbian

2

22% Mar 10

20y2Jan

2

23% Mar

7

Columbus

x36% July 11

45% Jan 29

40% Jan

2

44% Jan 30

61% Dec 19

57% Feb

4

65 y8 Mar

$4.25

6

27 ya Apr

4

35 Va Jan

7

30 % Jan

2

33

Dec

28

X32% Jan

9

11% Feb

3

32% Aug
32% Dec

7%- Mar 19

11

Mar 21

34% Mar 24

10% Jan

*41

43

*41

43

18

31% Feb

7

12% Jan

25

33% Feb

27

34 38 Apr

26% Feb 24

29

Xl06% Jan

2

104% Nov

16

115

Feb

3

July 19

107

Feb

10

19% Mar

3

3

109% Mar 27

Mills

Consolidated

Power Co

3

Preferred

4%

Ohio

24

28Va Jan

31

31

Feb

7

11

19% Jan

29
29

4

11

102% Jan

3

107

Feb

14

July 31

34% Jan

10

37

Jan

2

113% Mar
110

2

42

32 y4 Jan

16

x95

Nov

17

Jan

2

92

Oct

24

32% Jan

2

Jan

90% Oct

29

106

106 Va Oct

31

114% Dec

Jan'

21

23

96

Feb

7

42% Feb

21

17

48% Jan 22

'92

5

98

Feb

13

4

110% Mar 20

117

Feb

8

8

Jun

25

13

Oct1 3

Jun

21

23

Aug 16
page

Jan

9

17




19 % Jan

9

93

45% Dec

see

8

4

Jan

99

21 y4 Mar

For footnotes

103% Feb

17% Apr

16
5

May 28

106 y4 Jan

99

2

26.

Jan

8% Mar 24

16% Feb

15

10% Jan 21
18% Jan

15%

*15%

15%

"

^

16

RR of Cuba

'

44

43i/4
78
52

108%

108%

1083/4

108

42

41%

41 Va

41%

41%

32%

32

32

32'A

32%

19

19'/a

18%

109%

19.

82

82%

81%

81V4

19

191/4

19

19%

83

83

823/4

83

/

5%

43/4

51/8

29%

5%
29

,29%

291/8

132
85

*130

~

84

1053/4

107

4%

*38 3/4

*41

*5

5

132

*130

132

*130

84

*83

85

*83

105%

106

383/4

2,000
340

110

1,500

383/4

*69%

50

70

*41

43

313/4

32%

20

18%

-r

4,500

18%

81%

5

29%

10,700

32%

81%

;

28%
132

5

340

2,600

,

29%

2,000
30

132

83

83

200

107

84

106%

107

3,000

*800

*800

>800

10

53%

69 5/a

132

106%

106%

39

5%

29%

29

130

2,200

43

69%

29

*800

*800

453/4

45%

44

44%

44%

45

44%

443/4

94

94

94%

94%

94%

94%

94%

94%

22 3/8

22

44%

94

453/a
*93'/a

94

53

109

69% ■'■■■■

19%

83 %

45%
78

383/4

83%

45%

82

*76

38%

*83

1,000

45

53%

69%

.32%

15 5/a

155

31%

31%

,

*108

280

1,800

15 s/a

i

30 Va

155

70%

38%--39

8,400

.

30

.

44% ;

*69%

39

39

103%

99%

78

52%

-

33,300

109%

155'

*75

78

10%
*97

83,

43%
*140

52%

52%

155%

83

43%
148

*73

52

29%

15%

.

831/4

82

43%

*74

108-%

15%

*153/8

99

29%

.

105/8

983/4

30%

*140

78

52%

52

82%

30

148

*140

*74

1073/4

43%

148

*19
<

21%

213/4

22

22

22%

21%

21%

5,100

20%

20 %

20%

24,300

3,700
50

21%

21

21%

20%

22%
21

20%

211/s

20'%

*56%

57%

57%

58

57

58%

56%

56%

56

56

56

*53%

54%
53%
38%

53%

54

53%

53%

*52%

53'A

52%

52%

53

53

640

52

52

51

51

*50%

52

51

52

52

53

360

38%

38%

37%

38 3/a

373/4

38%

373/4

38%

35%

38%

383/s

38%

373/4

38i/4

373/i

38

373/4

38%

35

37

15%

153/B

15%

153/8

15 %

15 3/a

15%

15%

15%

15%

15%

13%
61%

13%

131/4

13

131/4

12%

12%

123%

12%

12%

12%

22%

21

*52

38%
*38

15%
13 Va

42%

600

56 %

9,100

37

3,500
26,000

*60

*59%

2,500
200

60

26,900

/;

II,900

Consolidated

Textile

V Consolidated Vultee

Container Corp

42%

42% /

42%

42%

42

42 %

63%

63%

63%

65

64

64%

64%

65

273/a

28 %

27%

27%

273/a

273/4

27%

27%

15,700

323/a

32%

32%

323/8

32%

32%

32%

323/8

32%

10,600

33%

33%

33%

33%

333/8

33 5/8

28%
32%

32%

25

33"%

33%

33%

No par
—10

8

27%
*22%
*28%
9%
34
*109

par

par

5

■

'■

*108

100

Inc—— 1
—10c

Aircraft—

1

—x

No par

preferred

.100

Inc

$3.75 preferred——
$4.25 preferred

263/4

27%

26%

26%

4,000

22%'

22%

22%

22%

22%

22

22%

22 3/a

22%

2,200

29

28%

28%

*23%

9%
333/s
109

29

*28 3/4

.;/v

9%

10

33%

34%

»-* O oc

109%
27%

109%

*108%

109%

100

*100

101

14%

8

*7%

8

*28%

29

97/a
34

9%
34

108%

109

200

29

95/a

93/a

9%

9%

9%

13,900

34%

34%

343/8

34%

34%

16,400

l083/4

108%

103%

108%

108%

26%

26%

26%

263/4

,

U

,

43%

14%

14%

*10%

;

11%

27%

263/4

27

*108%

109%

*108%

110

109

*100

101

*100

101

*100

27

14%
*11

;

14%

14 3/a

11%

11

11

109%

*11

:■

-

*109

110%

101

14%

143/8

*

3,000

*100

101

•

5,600
80

10

14%

143/8

14%

1,500

11%

11%

11%

400

583/4

59%

3,600

30

303/s

3,000

'

60%

61

61%
30%

60%

603/4

59%

60%

583/4

59%

29%

29%

30

30

30

30%

30%

30

30

29 3/4

30

*29%

30%

30%

30%

*29%

30 5/8

10%

10%

11

*10%

107/a

10%

10%

10%

103/a

1,100

9%

93/4

9%

93/4
17%

9%

93/8

4,100

102%

*101

common—20

...

•

30
30
11
9%

,

*

*18%
*94%

_No par
No par

1,700

27%

73A

8

27%

9%
17%
17%
*35%
35%
*108% 109'%
*106% 108
*35%
35%
,

No par
No par

Continental Cop & Steel Ind com—2
5% convertible preferred
-25

7%

26%

>

27 Va

30
29%
*10%

Co Inc

7%

27%

*28%

34%
109 %

60%

deposit—

3,700

333/4

7%

27%

22%

10

*14%
11

—15

Stores

33%

'

7%

273/4

7%

'*

6%' pfd——100
of

•

275/a

8

27%
22%
29

27 Va

.100

Gas

"33%

1,200

4,300

t

;

B—100

of America com—10

Can

42%

633/4

28%

32%

No par

Continental Baking Co com
$5.50 preferred—
_
Continental

42%

63

28%

Consumers Power Co com—:_No par
$4.50 preferred—
No par

$4.52 preferred

42%

63%

.

*63

No par

com

certificates

Consolidated Retail

4%

82%

83% V 83%
*431/4

*140

78

31%

Consolidated Grocers Corp—1,33%
Consolidated Laundries Corp
5

31 Va Dec

27

15%

25

com

series

31

29

30%

28%

series C

Dec

OCt

29%

148

*74

10

;

x—,

Consol

101% Dec

30

No par

Consolidated Natural

102

30

10%

;

99;

423/4

8

36% Jan

108%

110

10%

99

42%

4

109% Apr

111%

15%

*140

No par.

23

2

112%

*10%

-99

21%

31% Feb

2

109%

10%

10 Va
99

21%

11% Jan

20

112 3/a

10%
96

215/a

64% Feb

Jan

109%

10%

360

21%

3

16% Feb

6,400

21%

30

34 Va Jan

60

21%

21

102

59 Va

22%

281'4 Jan

21% Feb 26
34y2 Mar 8

60%

213/4

10% Jan

^

593/4

221%

57% Feb

2

60V4

22

1

1

593/4

22%

34 y2 Mar 21

14

601/4

22

61% July 20

Apr

3,300

59%

3,400

Elec__5

25

12'/a Jan

343/4

61%

11

Mar 24

34%

59%

22% Jun

9% Mar 11

35%

*59%

Co

4%%

Preferred

9

35

40
101

60

of Bait

Mar 28

3

35

39%
101

60

of N Y

100

pfd

343/4

40

100%

60

$5 preferred———No par
Gas Elec Light &

6%

35

39%
100%

58

Coppermine® Corp

Edison

109% Apr

18

40%

100%

34

112%

39%

94

83%
43%

Shares

Apr. 4

1003/4

40%

30%

30%
15%
*83
**43%

r

the Week

Friday

Apr. 3

101

97

*94

Sales for

Thursday

Apr. 2

563/4

Corp

19

5

109

•

PRICES

Wednesday

60

$1.32 convertible preferred
Nast Publishing Co

27

Feb

60

38,800

55

Commercial Solvents

Feb

Feb

593/4

753/8

60

45% Jan

Feb

34

43

74%

56%

Commonwealth Edison Co

97% Jan

16% Jan

34

*41

75%

Engineering

14

14 V* Mar 27

i)9%
3003/4

74%

54%

Credit

27% Feb

106

*0

101

75%

60

Southern

2

25% Jan

40

10%

%

Apr. I

101

111% 1

SALE

HIGH

Tuesday

Mar. 31

40

'11

57

Consolidated
Jun

40

AND

Monday

Mar. 29

%

o

613/4

Superheater Inc

Consol

'<

55%

2

25

76%

75

500'

55

Conde

9% Mar 26

200f

3,500

53

108% Oct

6

I,400'

*60

3

14% jun

16%

No par

Co

2

30% Jan

*16

43

No par

Jan

,

16%

*41

Ry com_„ 100

105% Dec

18

*16

43

1st

Jan

.16

16%

76%

106

28

27

*16

*800

9

31

16%

16%

*42

No par

20

10% Dec

16%

7,400

43

No par

20

10% Dec

*16

5%

33% Dec

30

11%

28%

13% Oct

12

*11%

*5%

35% Jan

July 17

12

28%

25

10

*113/4

1

29

,

12

No par

Congoleum-Nairn Inc___
No
Consolidated Cigar-——No

2

*113/4

2,000

56%
86

3%

1

8

13% Jan

12

693/4

11%

—100

2

98 Va

*113/4

*65

3%

No par

23% Feb

24

12

*41

28% Jan

30

*11%

12
16%

42%

Mar 15

Jun

86 %

*84%

*41

25 Va Mar 10

7% Jan

55%

85%

70%

22

25

56%

85

*69%

18

28

70%

56

853/4

71

Jun

29% Nov

6

*67%

55%

85%

39%

Cone

27

70%

55%

87

4,300

preferred-No par

Carbon

Commercial

4

4,100

/

11%

common—No par

cumulative

Combustion

-

3

51

35/8

com—No par

Iron

Southern

&

49%

113/4

2.50

65% Mar 19

51%

33/a

5

B

51% Sep

513/fl

6,300'

37

57%

108%

Gas System Inc

12

<

18 3/a

36%

70%

21%

28

15% Feb

8,100;

175/8

37 %

*11%

No par

35% Dec

15

413/4

18 5/a

*'«t

86%

39%

Corp

35% Dec

27

40%

18%
l"

33/4

*93%

29

15% Sep

413/4

413/a
t

55%

45%

22

16% Oct

32,600 '

11%

100

4

1,100;

21%

7%

3%

com—No par

54% Mar 27

4

4,300

7%

21

*69%

*69%

Corp

noncumulative

Class

13

7%

21%

*11%

101

'

900 5

7%

3%

pfd—100
4% noncumulative 2nd pfd
100
Columbia Broadcasting Sys cl A.2.50

1

13

12%

1,900 i
2,300

21%

11%

No par

&

30%

88

108%

preferred

Collins & Aikman

4%

30%

,}

37,300

57

106%

Internat'l

Colgate-Palmolive-Peet
$3.50

-

19%

87

1063/4

2

Dec

*68

.'

19

19%

56%

--"70

*83

Jan

2

27

70%

8

24%

18%

56%

131%

38

22% Dec

52%

"85

54% Mar 17

33

52

132

Fuel

2

53

42%

*83

&

30

52%

41%

com__l

com

Colorado

Nov

53%

425%

-*130

(The)

Colorado

9% Jan

18%
37V4

41%

—100

Co

7

3

Jun

31

18%
37

42%

preferred

54% Mar 27

8

18%

373/4

22

cumulative 2nd preferredx_100

Coca-Cola

59% Mar 27

2

18%
37

10 %

common

22% Feb

27% Jan

18%

'373/4

'

21%

4%

46

•

Inc

8

22% Jan

18%

123/4

...

8

8%

22%

42

No par

1%

RR

18

8

13

13%

8%
21%

7%

Feb~27

18% Jan

Pitts

Foods

Coca-Cola

/ 41 y4

11

45 Va Jan

13

13

8 3/8

223/a

gtd
50
stock—50

Graph Bronze Co

Cluett Peabody & Co com

Mar

12% Jan

19 Va Jan

13%

8%

213/4

24%

19

3%

—100

&

27

4

13/8

110%

4%% cum conv preferreed
Clopay Corp

Feb

16% Jan

39Va Apr

30%

52%

Jan

25

30%

52%

Jan

25% Jun

30%

com_No par

19% Feb

9

30%

24%
20

24%

4,300 f

*11%

Ry Cd com—100
noncumulative preferred—100

39

35 % Jan

30 3/8

,

300

18

33/4

C C & St Louis

40

56

61

30%

20,500

...

85

173/4

12%

20

19

8

30%

59 %

;

24

10

30%

59%

preferred

Feb

29

Jan

37% Jan

*19 3/B

•

343/8

*81%

•

33/4

No par

Mar

26% Feb

19 Va Jun
36

Jun

convertible

Clinton
,

18

42% Nov

Jan

6% Jan

860

xlOO'A Nov 29

18%

20%

*33%

»

Special guaranteed 4%
Climax Molybdenum

32% Jan

94 y4 Jan

Jan

19

20

x—5

Cleveland

29

132

138

24%

18 5/8

203/8

No par

Corp—:

Cleveland

20

18 y4 Mar 18

36% Feb 27

Apr

42 y4 Jan

4

1

81% Apr

28

24%

19

19%

34%

700

18%

*11%

Machine Co—_10

Illuminating
$4.30 preferred
i

41% Apr

16

/

C

Apr

26

27

7% Dec 21

17

4%%

20

34 y4 Apr

3% Mar 24

243/4

18%

20%

101
33%

Clark Equipment Co

71 % Feb

109% Jan

24
31

29% July
84

Sep

24%

183/4

203/4

Saturday

City Stores Co common

88% Jan

Nov

24% Nov

17% Jan

2

Mar 15

24%

18 %

LOW

City Products Corp

Apr

111

243/4

18%
20%
30y2
13%
8%
22%
42%
18%

85

18

3%

Par

City Ihvesting Co common
5 % % preferred

50 y2 Nov

6

25

*81 %

11%

STOCK

Cities Service Co

28

Jan 30

30% Jan

89 Va Dec

Jan

I T Financial

82

4

28

C

42

11

42 y4 Jan

67

1

90

25

18%

10

60% Apr

15

53 Va

82

18%

3%

100

Cincinnati Milling

10% Mar 15

4

92

YORK

2

14

9

345/a'

82

18"%

11%
*41%
75%

25

preferred

155

28

34%

82 J/4

18%

1

25

Jan

114

21

28% Jan

4

4%

345/a

34%

X82%

•

25

preferred

Cincinnati Gas & Electric com—8.50

10

34%

,343/a

183/4

16 Va

EXCHANGE

Mar 27

3,100 1

83

52%

Co

NEW

-

Feb

100 'A Feb

Dec

38 y4 Apr

xl03y4 Dec

7

9

1

Highest

63/4
325/8

35

STOCKS

Range Since Jan.

1951

.;'v; Highest

93

87

Copper

70 i

6%
32%

18%

52 %
J69%

Chrysler Corp

for Previous

31% Jan

85% Jun

25

1033/4

6%

83

52%
69 %
56%
86 %
*11%

common

convertible

Chile

76% Mar 31

8JAJan

Co

5%

Mar 12

103%

1,300

1

32 5/a

3 4 3/8

par

100

105

32%.a

7

v'.'.

6%

32%

7

26

32%

7

33

37%

No par

*103%

105

*32%

• •

7%

*25 s/a

7%

37%

preferred series A

conv

*103%

105

26

32%

37%

Chickasha Cotton Oil

24

5%

*103%

'

25 3/8

7%

10

Chicago Yellow Cab

Chicago Rock Isl & Pac RR

105

26V4

25%

26%

32%

No par

73

16 % Dec

42%
18%

convertible preference—No par

9

11% Feb

22

_100

Chicago Pneumatic Tool com_No
$3

*103%

100

9

16

>

pfd_

preferred

11

Jan

Year

noncum

81% Jan

13

Lowest

Pac-—No par

North Western com„No par

49 Va Jan

19

Range

A

&

62% Jan

liy4 Dec

2

Paul

3

.

■

V

series
&

5%

4

St

12

94 V4 Feb

80% Dec

5%
Chic

18Va

*20%
30y2
*13 Va
8%

No par

Chic Milw

13

38% Jan

*24%

40

Class B

7% Nov
17ya Jun
15

1

Chicago Corp (The)
1
Chicago Great Western Ry com—50
5% preferred
—50
Chicago Ind & Louisville Ry cl A_25

Apr 1

21% Jan

No par

com

Class A

28

9% Jan

27

2

convertible preferred——100

Chicago & East 111 RR

26%

27

27

27%

*103'% 105
7
7%
*31%
32y2
34%
35
*82y2
85
*18%
18%

No par

Cab

Manufacturing____1.25
Chesapeake Corp of Virginia—x—_5
^Chesapeake & Ohio Ry common—25

22

80

*26%

*

-

$4.50 preferred

Mar 28

6% Apr
4
30% Feb 27

x.

_

i
1

V

Champion Paper & Fibre Co—*

„

18%
95
43%.

*96 Va
97
*111% 112%
i 8%
9%
*17%
17%

*10%
9%
17%

10

17%

9%
17

33%

35%

109

109%

108 7/B

106%

106%

*106%

35 %

35%

35%

35%

*101

102%

i.

9%
17%

17%

17%

15,900

35%

353/8

35%

35%

35%

35%

6,700

108%

108%

108%

108%

108%

109%

107%

*106%

107%

106%

106%

*1063/4

1073/4

70

35%

35%

35%

35%

35%

35%

35%

2,000

353/4
109

*101

102%

17

*101

102%

17%

900

17

*101 % 102%

*101

"

470

102%

18%

18%

18

18%

18

18%

18

18

17%

17%

95

95

95

95

943/4

95

94%

94%

95

95

23«

44

44%

43%

44

43%

44%

43%

44%

43%

44

10,700

97

96%

96%

98

96%

96%

*96%

98

*112%

114

210

83/4

9

4,700

*96%
112

112%

9%

93/8

17%

17%

112%
9

17%

*96%

113

112

9

9

17%

*17%

112

112

112

9%

8%

9%

173/4

17%

17%

17

17%

3,000

400

600

.8

(1446)

The Commercial and Financial Chronicle

.

.

Monday, April 7, 1952

.

new york stock record
Range for Previous

STOCKS

1951

Year
Lowest

Range Since Jan.
■

Highest

12'AJan

lo

17% Oct

64 'A Nov

28

78

13

:

Lowest

13% Apr

2

Jan

3

7% July

2

11% Jan

20

8 % Feb

2

59% Sep

12

567a Jan

NEW

X68% Mar 26

6

Continental

Diamond

Jan

11

Continental

Continental

Motors

3

Continental

Oil

75

Apr

Feb

1

12 \

33% Nov

16

27% Feb

5

30

14

55% July

9

53% Mar

5

54

22 V4 Jun

28

42% Jan

23% Mar 26

30% Nov

8
1

24

Apr

2

*28 7a Jan

2

Oct

11

50

Feb

19

5172 Jan

14

x20% Sep

19

18% Jan

15

72% Jan

2

19% Jun

32

2

July

29

Mar 17

49

52

13 V* May 24

60 % Jun
38

29

Jan

72 Dec

11

104% Mar

x92 % Dec

11

104% Feb

x91

Jan

x66

66

July 18

78

2

22

Jan

Mar

9

25

87 72 Jan

Jan

16

97

19

83

Jan

23

98

65% Feb

Apr
707s Feb

1

23

166

Jan

10

4

Feb

19

28

2% Jan

12

2

Jan

2

42% Oct

19

2

Jun

27 Ve Jan

12 %

17

15

Jan

2

3

917a Jan

96 :»/4 Apr

1

Cream

8

17

20

193/4 Jan

28

5

14

Jan

10

36 7e Feb

57% Oct

3

527a Jan

2

57 7, Jan

97% Nov

20

Jan

31

9974 Jan

9

31% Jun

29

47% Oct

3

333A Feb

20

25

32

19% Mar 29
180

62

2

22

24% Feb

'

13

18% Apr

10

129 % Jan

5

Nov

13

9% July

9

14% Oct

3

67a Feb

31% Aug 20

x25

Jan

6% Nov

77

8

Mar

63

8

23

10% Feb

31

106% Feb
57

Jan

10

2
12

12% Jan

9

27% Feb

10

8% July

23% Dec

128% May 23
28

Jun

207a Jan

25

16
22

Feb

20

Feb

/

21

3

3274 Mar

37% NOV 15

74 Mar 20

8

Jail

75

23 7a

*23

237a

-«ri,3oo

23 7«

23 7a

29 %

293%

297a

Jan

7

131

Jan

3*//; 377s

22

Jan

3

297a
*54

253/4

26

24%

247a

*50

*

*75

$7

V,

1

2

25

37

100

*953/4

293%

55

24%

2474

24 7e

*54

247a

;

/

24

•

24%

243%

2434

247a

247a

24 72

2472

197a

19

67

673/4

677,

68='

72

75%

7372

743/4

72 72

9772

*9672

9772

*963%

733/4
981

97

*96%

9772

9772

9772

69 72

X68 74

*17574

474

47a
2

-

7a

2

2

37

* 51

*50

'47a

2

37%

51

17772

*4

6874

.

687*

177

176

*50

1972

€7 •733%

90

*963%
6874
"

47a
2

377,

377a

37%

963/4

9672

963/4

117a

117a

113/4

2572

25%

253/a

253/8

173/4

18

177a

187a

173/4

18

173/4

18

Xl73/a

357a

357a

35%

3674

*35

353/4

5

*55 74

*1013/4

25

preferred

100

10
—100
5

2278
i93/8

*29

12

♦25 74

2572

253/a

253/a

25 74

2574

700

1772

5,300

3674

400

1774
*35

557,

55%

557a

10174

1013/4

553/4
*10172

553/4

162 72

102 7,

*10172

353/a

343/4

3572

3572

3572

88

86

3472

35

87

8674

863/4

5,700

87

87

87

87

2,400

*22%
19

227a

2274

19%

2374

19

22

1974

7

7%

*64

643/4

*64

12%

12

12 3%

287a

29

210

*29

*175

210

67a

293%

*175

7

56

2272

19%

643/4

12

12

29%

22%

19 74

19

210

67a
*64

*175

67a

233/a

23%

197a

187/a

210

67a

*175

7

643/4

*64

12 7a

12

12 7a

28s/a

287a

■

28 72

*64

73/8

774

7%

V Ve

73/a

77a

77,

9672

7 7a

9672

*953/4

0672

*953/4

9672

*953/4

96I/2

52%

*517,

5278

52 7,

51

5274

517,

51

130

233/a

780

19

2,700

.7

3,700

6474
12

28,72

73%

*953/4

2,600

11 %

2872

774
*953/8

56
102 74

210

67/a

643/4

ll7/a

par

<=51%

2,200

547e

No par

No par

200

11%

3478

♦176

643/4

ny8

2.50

7,000

113%

*1013/4

7

*64

Inc

377,

9774

117a

56

210

7

common

*96

113/4

36

87

193/8

973/4

11%

102

8672

*2278

60

55 7,

35

*176

4,100

1013/4

367a

8672

100

pfd—

56
102 72

35

100

Cur'tiss-Wright

367a

18

35%

No par

130

6874
178

2,300

1172

*35

98

6772
*177

2,800

*953/4

com

preferred

98

97%

2%

2.50

Publishing common—_No

*96 3 4

47a

11%

35 72

960

2,500

47a

963/4

*35

2,900

73

2

25%

*96

19%
67

27a

25%

973/4

51

474

*1172

*96

2,800

723/4

€8 7a

2

36% :

20

2,700
■'

67

178

47a

2

3774

•.

.19%

98

*177

.

3674

*50

19%
67
7472

*963/4

/

68%
177'

-

51

19%

47a

2

3772

54

25

*50

68%

,

2,600

54

55

25

X19

*17572

1,300

2934

*54

677a

„*967a

23

297a

25

51

,

74%

23

55

217a

213%

73 7a
-

243/a

247«

1

No par

noncum

297a

874

2

(The)

preferred

Class

97

47a

*

8%

*96 %

68%

Corp

23 7e

293/4
*54

25%

♦50

97

*9672

30

243%

'

51

*96 72

23%
55

24%

17772

& Seal common

Press

Prior

-

73

2374

29%
55

47a

preferred

Curtis

23

10

29 74

5

Cunningham Drug Stores Inc

29

24 72 Feb

19

233/4

America

of

6%

RR

Cuneo
'

527, Mar 31

21

12972 Jan

Jan

99

872 Feb 27
23 74 Feb

23

*54

68 %

Cudahy Packing Co
472% preferred

6474 Mar 22

12% Jan

6

11,200

*17572

convertible

7%

2

30

95

8%

72

Cuban-American Sugar common—10

18

Feb

73/4 Jan

3

497a Jan

•

132% Jan 24

29

Cuba

107a Feb 25

15

28

8

190

3

8 7,

727a

Zellerbach Corp common

5%

28 7a Apr

3

Dec

48% Jun

96

Jan

878

71

100

$4.20 preferred

30

20

2,600
1,200

8 74

733/4

Refining common-25

Crucible Steel of Amer

243/4 Feb

19

Jan

28
30

92 72 Jan

4

Apr

11

8%

717a

common

preferred

$2

Crown

393/a Jan

Mar 25

Co

Wheat Corp

of

Crown Cork

Mar 11

102

20

185

Mar 27

7% July

Mar 20

Feb

8%

693/4

5

preferred

3

39% Feb

Jun

33/4 %

Creameries

Jan

84

8%

7072

14

common.

1274 Jan 24

24

23

Co

26

3

872

683/4

No par
No par

,

International

Crane

21

99% Oct

1334
70 %

1

117a Mar 31

26

28

133%
7072

common

preferred

257a Feb

33% Dec

Jun

Products

7%

25

47% Nov

79

Corn

5

106

13%

7174

preferred
100 "
Cum pfd 372% series of 1947_100

Coty

2 7e Jan

35

1372
707a

Coty Inc

387, Jan

Feb

133%

7072

74

7

Oct

133/8.
70%

7572

May

22

137a

7172

8 74

*67

2

4

9

1372
7174

673/8

29% Mar

2

Nov

137a

703/4

2172

2

Shares

137a

3 72 %

29

the Week

70 3%

21%

Apr

Apr. 4

137a

67

472 Jan

34% Feb 26

103% Feb 20

20

10% Jan
25

177

Friday

Apr. 3

7172

5% series
50
Dubilier Electric Corp
1
Exchange Bank & Tr Co.___20
Corning Glass Works common
5

4

Sales for

Thursday "

Apr. 2

8%

Corn

Mar 10

PRICES

Wednesday

*7072

Cornell

25

SALE

Apr. I

*137a

Convertible pref

9

HIGH

Tuesday

5

Corp

Steel

AND

Mar. 31

5

Delaware

Copper Range Co
Copperweld

Monday,

Mar. 29

10

Corp
preferred

$3 prior

^

1

of

Steel

Fibre

Cooper-Bessemer

22% Mar 21

'697a Jan

93

26

186

16

Continental

8

Jan

2

Jan

4% Nov

30

Jan

29 7a Jan

2

5% Jan

166% May 17

88 % Dec

25

2

72% Apr

79% Aug 17

3

Mar 19

Saturday
Par

Insurance

18

76

x537a Dec

26 % Jan

LOW

STOCK

9 7a Jan

2

22

YORK

EXCHANGE

1574 Feb

19

48'A July

1

Highest

28%

800

77a

8,600

7

*95%

51

5074

7,200

9672
51

900

1

872

85/e

8%

8%

1

8 72

8%

872

8%

235/s

23%

872

8%

237a

8 7a

23 7o

87a

25,800

237Z

23%

23%

237a

233/4

233A

*23 7a

233/4

1,600

common:....

A

Cushman's Sons Inc 7%
Cutler-Hammer

pfd

100
No par

Inc

*129 72

34%

132

*129 72

34i/8

132

*129 72

132

*12972

132

337a

34

*33%

34

337a

33 72

33%

94 72

X92%

9274

1174

*1072

11%

*1072

16

♦15

16

*15'

*34%

34%

33%

*129 72

132

*129 7a

34

34

3472

343/4

900

33

3374

2,000

!

132

d :
25% Ja*

2

Jun

25

12% Dec

26

17% Feb

14% July 24
31% Jan
2

90

Oct

15

29% Jan

91

Jan

2

337a Mar 29

91

Jan

3

94

Jan

26

9

xl07a Mar 18

13

Jan

2

17% Feb

28

143/4 Mar 24

15% Mar 11

Dec

31

377a Mar 25

49

47

2

94

Mar

28

93

Feb

26

100% Feb
104

8

Jun

41% Jan

147a Feb 26

7

28

8

88

Jan

Feb

26

21

4

8 7a Apr

3

69% Oct

17

357a Mar 21

927a Jan 21

25% Sep
11% Oct

10

27

Jan

57

Daystrom Inc

19

853/4 Jan

547a Jan

Feb

Oct

19

6174 Feb

25

37

Jan

19

313/4 Jan

3.75%

series

Preferred

3.90%

series

347e Apr

25

2

20% Jan

2

48 %

53% Feb

9

43

17% Feb

f

2

12% Feb

26

27

Dec

Jan

23% Feb

8

Dayton

Rubber

Decca

7%

2

Co

19

2

69% Oct

5

62

29

79% Feb

17

x70

15% Mar 29

25% Dec

5

217, Jan

21% Apr

10

25% Sep

60

23

64

July

Oct

5% July 25
16 % Jan

*9272

94

*9272

94

*9272

loo

*92

93%

*92

93%

*927a

96%

*9672

97%

*96

22%

22%

22 3b

Co

50c
50c

872
593/4

-

No par

65%

20

19%

ctfs

for

Escrow

ctfs

for

243/4 Jan

17

24

57a Feb

Mar""9

54

*33 72

87a

25 74 Mar

x357e Feb

Feb'ii

Jan

4872 Mar

Mar

7

657a

6

52

72 Mar 31

&

new

Co

Alkali

Match

20
8

137a Mar 19

143/4 Jan

11% Feb

3

10

11

Jan

28

24

Diana

Stores

31

267a

Jan

19

Distill

Corp-Seagrams Ltd

Jun

28

13

Feb

Jan

8

X227e Feb 20

3

cum

Diamond

T

preferred

Motor

Year

Dec

Range Since Jan.

Highest
20

Lowest

33 % Nov 26

16% Apr 13
37% Dec 17

10% Dec

21

14% Jan

30% Jan

2

14% Jan

107a Mar
2972 Feb

29

127a Jan

3

Divco

2

117a Mar 25
36 % Jan

2

Doehler-Jarvis
Dome

8

2

16% Jan

16

20 3/4 Apr

3

66% Oct .15

553/4 Feb

21

623/4 Jan

28

10072 Feb 29

1167a Jan

2

Dow

105 7a Mar 29

$4

10

119% Sep

Dec

29

111% Feb

3

270

11
2

993/s Jan

3

Sep

13

24772 Mar 24

x22% Feb 27

20% Jan

22

27% Oct

3

80 % Dec

20

93% Feb

1

81

Jan

18

19% Jan

10

33

21

32

Jan

22

10% Nov 21

Nov

17

26

Feb

9

103/4 Mar 17

102% May

8

112% Nov 27

125

3

Xll47iJan

8

'90% Dec

106% Feb 23

x9274 Jan

8

19

Nov

20

9% Dec

26

Co

87a

87,

83/a

8%

87a

5972

59%

593/4

573/4

597,

65%

6672

66

66%

667a

663/4

667,

66 72

66

667,

34 7a

*333/4

347a

33%

34

453/4

457a

46 7a

457a

46

133/4

13 7a

1372

13

233/4

1374

*2372

24

24

24

x233/4

237a

69 74

683/4

6972

69

697a

Jan

54% Feb

847a Feb 21

7

12% Feb

4572 Jan

6

x97a Mar

10

5

257a Apr

3

84
Feb
7
363/4 Mar 18

Dunhill

7572

76

7674

763/4

76

763/4

76

76%

6,800

|

24%

233/8

24

2372

233/4

237a

237a

237a

237a

5,900

t

2372

233/a

2372

23%

233/a

237a

23%

23 74

237a

10,900

I

60

60

60

*58 72

60
6

26 7a

*5872
•

26%

3872

383/4

*10972

110%

6

60

*5872

6

*16 7a

6

26

17%

67a

167a

167a

167a

177a

177a

*17%

17%

26

383/4

263/a

*38

11072

67a

-17

1672

26 74

387a
*109

62

6

1774
17

17

*60

*253/4

383/4

*10972

*38

*6 7s

26

263/8

6%

16%

16 %
*17 3/8

26%

383/4

*38
110

110%

67a

2,100

37 7a

109

»

1,700 j

167a
18

500

267a

2,800

28

2,100

109

26 3/b

383/4

11072

10

700

52

52 72

52%

5274

513/4

513/4

*34 74

51%

51%

513/4

51%

34%

*34%

345/a

34 74

347,

34%

*34 7a

343/4

34 7a

347a

300

133/a

3472

133/a

13%

13%

1372

133/4

1372

133/4

*13%

137a

137a

137a

1,200

52

'

900

10 74

107,

103%

10%

107,

10%

103/a

10%

10 7,

233/4

103/a

107a

10 W

1,700/

233/4

23%

233/4

2372

233/4

23%

2372

2374

233/a

2374

23%-

8,100

Monday

Mar. 29

Mar. 31

HIGH

SALE

Tuesday

PRICES

Sales for

Wednesday

Apr. 1

Thursday

Apr. 2

11%

11%

11%

11%

11

117a

11

11

11

11

34

33%

34

33

34

32%

327a

323/4

11 %

113/4

113/4

113/4

113/4

113/b

1172

1174

*11%

117a

11%

337a

34

337a

34

34

3474

34 74

343/8

34

347a

2,600

20

19%

193/4

197a

19%

19%

20

20

203/4

19%

20%

23,400

577t

110

1093/4

1107a

109 7a

110

1087a

109

1057a

105 74

105 74

*104 7a

1067a

1047a

1047a

*104

1057a

*104

1057a

252

258

257

260

*250

255

*248

255

5874

53 %

*254

fSf)

583/4

58 7»

260

*2517a

24%

24%

24%

25

24 7a

100

8172

817a

82%

82%

*8172

837a

*33 72

*33%

36

*33 7a

1078

107a

11

107a

50c

36

107a

Preferred $4.50 series

5

*250

2478

*81%

83V2

35

*33%

11

107a

:

86%

8774

86%

877a

86 74

1187a

118%

1187a

1187a

118%

987a

*97%

987a

987a

987a

*473/4

4872

48%

48

487a

5

*9%

9%

974

9%

*974

97a

10

2172

217a

2174

21%

21%

217a

257a

257a

257a

24

237a

237a

25

3,400

573/4
109

6,700
300
.

—— —

257a

25 7a

257a

*8172

82%

817a

8274

*33 72

36%

*3372

3674

103/4

107a

10 34

107/a

2,400

867a

14,500

853/4

8674

8574

1187a

1187a

*11872

987a

*973/4

987a

49

*48

49

87

5774
10874

107/a

*48

50

pfd

58 74

109%

3674

*98

*98

57 7t

10874

243/8

1187a

No par
—No par

Duquesne Light Co. 3.75%DWG Cigar Corp

58

58

247a

__No par

Preferred $3.50 series

1,100

34

197a

& Co-

2

2,000

1174

*34

1

1

1,500

327a

105 7a

preferred

21

11
32

1087a

International

Jan

107a
32

,

15

common

Jan

Shares

Apr. 4

No par
No par

preferred

du Pont de Nem (E I)
Common

the Week

Friday

Apr. 3

No par

common

convertible

67a

18

*109%

1107z

62

*60

*51

5

92

1

!

400

6,200.

7572

No par

—

98% Apr
493/4 Feb

107, Jan

707a

233%

Saturday

Corp

119

27

69

237a

LOW AND

Duplan Corp

23

33/4%

68%

75

No par

Industries

12 74 Jan

r,

69 3/4

33 72

Ltd

2nd

68 %

•

68 74

237a
23%

Par

preferred series A

$3.25

2474

75%

1

Chemical Co

Dresser

2,100:'

*2374

23 72

STOCK

Douglas Aircraft Co Inc

2577a Jan 30

1,100.1
10,800 ;

2

Corp

Mines

*233/4

1

6.500

3,300 j
6,400

743/4

2

Dixie Cup Co new
Dr. Pepper Co

20

99

8%

*58%

50c

YORK

3774 Jan

313/4 Feb

77% Jan

Car

EXCHANGE

7

10 3/b Jan

180% Jan

Nov

NEW

:

21

19

19% Oct

1

Highest

38% Aug 16

2

43% Jun

83/a
6072

24

80

5,900 1

87a
59 74

STOCKS

1951

22

22%

;

23%

25

Corp.

Range for Previous
Lowest

2174

22%

872
6074

r;

No par

common

19% Feb

$1.50

227a

21%

83/a

13 74

lo

36% Feb

347a Mar 17

223/8

10

9372

337a'

100

20

8

9672

927a

69

2

I

Co

preferred

13% Nov 24
8% Jan
2

323/4 Jan

95 7a

9272
*93

8

Reynolds class A

Diamond

98

;

20

Corp

cum

9372

*96

457a

17%

4.40%

9272

*93

137a

17

Devoe

*92

98

34

5

Diamond

:•

9272

923/4

46

17%

19

70

913/4
*96

127/a

17

25

!
f

457a

1

Jan

2,400

34

Detroit

43

2,400
3,000

357,

13%

21

114 72 Feb

3

147a

347a

34

1872 Feb

27

397a

147a

347a

46

6

Vilblss

39

147a

34%

13 74

1

De

403/8

147a

347a

233/4

Hillsdale & S W RR Co_100

21

40

15

457a

Detroit

28

39%

923/4

923/4

!

16

*33 7a

Detroit-Michigan Stove Co

18 72 Jan

*15

13%

11

27 7, Jan

16

46

29

3

*15

34

Feb

14

'200

16

100

Derby Oil Co (The)
Detroit Edison

Steel

250

10%

13 72

100

preferred

9274

103/4

46

100

common

.9274

11

34%

98

213/4

9372

*1072

*1478

,94
.

33

*92 7,

11%

59%

60

6% Jan

Mar

163/4 Jan

1

107

32% Dec

Escrow

19

60

39% Dec 11

19

19

797a Jan

Jan 20

8

17

7172 Jan

Mar

Jan

36% Nov 26

45

227,

1

Hudson

Feb

5574 FeTJ

45% Jan

82

967a

33

92%

39

15

.100

33%

92

3574

Delaware Lack & Western
50
Delaware Power & Light Co—13.50

23

29% Mar

12

14%
35

Delaware

6

23% July 20

<

1474

35.;.

9

2

Mar

16

J

143/4
35

C

preferred

33 7e

3974

143/4
35%

4

2

39

143/4

Feb

253/4 Jan

39 7,

B

common

&

38 3/4

35 7,

147a Jan

48

20

*15

39%

7

Inc

Records
&

16

11%

100

Deep Rock Oil Corp.—
Deere

39

*93

11%

Denver & Rio Grande West RR—

60% Jun

(

Preferred

7

69 72 Mar

41% Jun

"

29

5

*15

1

A

14

74

10% July

•

series

9% Jan

30% Jun

''

3.75%

24% Feb

2

2o

common

Preferred

637a Jan 25

93

*1072

lo

Dayton Power & Light

8

977a Mar

26

337a

93

loo

2.50

common

4

33% Feb

4

337a

1

preferred series A

Davega Stores Corp

153/1 Jan

14

19

Dec

common

2

Jan

17% Jan

Corp

33/4%

Jan

20% Apr
99

Dana

5%
convertible preferred
Davison Chemical Corp (The)

34% Sep

29
2

84% Dec

32

37% Mar

28'

Dec

85

3

100% Mar 16

*974

86%
119

972

*974

9%

217a

213/4 ■

21

21%

25

257a

243/4

25 7a

*23

23 7a

23 7a

237a

857b
11874

26,100
60

600

119

*48

9 74

9874

300

487a

97 7a

250

974

400

e
19% Jun

25

28% Nov

19

Jan

lo

30

19

Apr

4

'

13% Jun

29

41% July 10
156% Dec 11

1

182

.

36% July
2
15% Jun 28

44
Aug
197a Feb

95

15% Jan

31
30

96

Jun

22

'11

Jan

25

44% Dec

29
29

Jan

2

2

1%
12

July 20

Eaton

18

Edison

2% Oct

2

23

Feb

1

443/4 Jan 24
2472 Jan 16

18

3772 Jan

17a Feb

10

14
2

46% Sep J>1

41% Feb 21

16% Jan

12

127a Jan
26

25

31% Oct

13

64% Jun
48% Jun

29

797s Oct

26

527a Mar

6

2

38% Oct

2

2274 Jan

25%

Nov

94

Oct

8

11

1

19% Jun

29

5% Jun

28

16% Jun

29

6}%

Dec

3

59

Jun

6

For footnotes

16 7a Mar 16

20

Nov

Mar

18 7, Apr
-

Jan

145/a Jan

7

1
14

52 74 Mar 29

32 72 Apr
40
Mar

3

2 7b Jan

4

;

15

38 74 Jan

24

El

17 74 Jan

£9

Emerson

2

18

88

88

*86

88

*86

18

997a

*97

Emerson

Natural

Radio

*86

18%

18%

18%

*18

187a

*977a

997a

*9'77a

99%

*97 7a

937a

13

13 7a

13 7a

133/4

137a

137a

137a

*13 7a

137a

5274

51

51%

5074

517a

5074

137a
5174

507a

517a

50%

51

29%

297a

297a

29%

3074

307a

30 3/b

317a

317a

32%

3174

3274

No par

*3874

397a

No par

*4272

l7/a
43

15

preferred

13%

133/4

287a

287a

5o

*65

:_5o

Mfg Co
& Phonograph

*493/4

3

-.

Gas.

3674

4

153/4

5

*39

39 7a

28
*65

50

*493/4

1574-

43 74

137a

•13%

277a

273/a

273/4

*64

--

Feb

2

Mar

8

5% preferred series A
Erie & Pittsburgh RR C.o_

No par

100

..50

207a
.

".

21

*493/4

9,000

'

13 7a

137a

1.200

277a

2774

2,800.

*62

-

1.5C0

70

50

493/4

493/4

50

49%

4934

130

367a

3674

367a.'

367a

3674

367a

36 %

36%

9,900

153/a

15%

157s

157.

15 7a

15%

15

157a

3,100
12,100

•

•

207a

95

22%
6

217a

147a

14 7a

1474

14 74

14%

21

21%

*21%

21%*'

217a

21

287a

287a

28 3/b

287a

28 7a

28 3/b

27%

28

*94 7a

95 7a

94

%

947a

9572

96

217a

217a

217a

217a

21

217a

X143/8

14%

•207a

'

2174

14%
'

Va

2,900''

^

5%
2074

*6574

653/a

65

6574

*643/4

633/a

63%

*63

647a

*63

.

50

70

1,300'

2

43

367a

6

64

*493/4

*63

,

43

-153/4

22

68

*64

700

4,600

17,200

157a

6

62% Jan

77

77

2

>

4074

*39

1,400

36 3/8

22

6174 Jan

2

137a

-

6

40

277a

95

Mar 26

l7/a

133/4

77

4374

43

28

9572

Erie RR common.

1%

13%

*94 72

21% Mar 31

397/a

40

273/4

157a

*57o

a1%U.

*43

14

28%

22

'■

43
137a

21%

—_

1%
4374

28-%

*13 3/4

77

36%

*39 7a

40

1% ■■(

43

7a

173/4 Jan

*

"

397a

2

l7/a
43

147a

67a Mar 17

18

'

28

5% Feb

500

88

1874

217a

11

*86

1,800

99 7a

1%

;

130 ;

39

157a

18 7.

157a

98-% Feb

88

387a

*97%

283/4

7

*161% 1627a

997a

7a

217a

Feb

1627a

18 7a

lo

Electric

18

15

23




*86

88

*97%

21%

77a Feb

26.

*1574

*28%

223/8 Mar 27

see page

16

lo

2072 Jan

66

39 7a

*153/4

Endicott Johnson Corp common
25
4%
preferred
—.100
Equitable GSs Co
6.50
Equitable Office Bldg—
1

2

,717a Feb

39 7a

16

Empire District Electric Co

$eb

13

39

16

217a Mar 18,

'5
12

247a Feb

preference

Paso

1627a

1627a

39

16 74

*17 72

common

convertible

300

3,700 *

12,300 '

•"

287a'

337a Feb

X27% Mar 18
9472 Apr
2

5%

162 7a

1627a

3974

1674

Elec & Mus Ind Amer shares

51% Jan

'

15

387a

*86

:

18,500 f

4474

*16172

2.50

Electric

Co

14 3/4

437a

167a

2

Elliott

15%
44%

397a

.—100

common—

28 7a Mar 24

147a

4474

1627a

Electric

1672 Mar 19

1574
447a

397a

527a

preferred

15

437a

*16%

5

Convertible

15

163/a

100

4.900ii

257a

447a

'

4074

162

21

237a

i63/8

137a

Boat

243/4

40 V\

13%

7

15 74 Mar 24

163

15

433/4

207/a
*23

1

1

2

193/s,Jan

;

—

27

Apr
4
13% Feb 29

*162

157a
4474

v

2

common:

preferred

572%
Jan

433/4

Elastic Stop Nut Co..
Electric
Auto-Lite
(The)

8

43 72 Mar 18

157a
447a

common

preferred^
Co

15 %

44

5

Co

Stores Inc

Products

472%

253/a

*23%
1574

—100

Manufacturing
Bros

257a
24

...10

preferred

47,%
Ekco

14

10372 Jan
227a

6%

25%
24

10

Eastern Stainless Steel Corp
Eastman Kodak Co common

337a Feb 20

3

12% July 17
16% Apr "20

88

102

1

Corp

15

8

16% July

49

Feb

Jan

Eastern

Storage Battery
Elgin National Watch Co

11

23% Jan

1

17

17

Jan

12 3/4 iviar 11

2

22% Jun

,

4

4074 Jan

21'

163/4 Feb

41%. Jan 26

40% Jan

-

,

21

Jan

99

34% Jun

.

Jan

Jan

267a Feb 27
157s Jan
2

5

Jun

; 17%

48

165

19
Sep 26
10172 Mar 22

54% May
27% Oct

18

21

43 74 Mar 20

—

Eastern Airlines Inc

163/4 Jan

158

7

,

2

Eagle-Picher Co

18

83

Dec

28

2572 Jan

26

15

Jan

14% Feb 26

8

Feb

28% Jan

27

2272 Feb 21

Jan 11

81

25

243/a Feb

33% Sep 28
51% Sep 17
50% Sep 14

'

Dec

20 72 Mar 25

18

Dec

6

'5%'

21

'•207a;

'657a
€472

574
21

"

574
20 3/4

53/4
21

*95
21

574
2072

97

21%
57a

1,700.;.
100

6,600

10,800 '

20%

26,700

*'64%' "65%

*64 3/4

6572

*65.

657a

300

*63

*63

64%

*63

64%

647a

.

30,

■

Number 5105

Volume 175

...

-JJ rw

uw/ypiuiwt'iu

,

The Commercial and Financial Chronicle

.

(1447)

]

,,

NEW YORK STOCK RECORD
'

Range for Previous
Year

Highest

YORK

3

5% Jan

31

xl3% Jan

15

15 Vo Mar

4

Evans Products

22

12% Mar

4

Eversharp

Dec

6
14

4y4 Feb

26

Apr

53

11

Jan

6% Mar 12

47% Apr

1

2y2 Feb

27

54

LOW

STOCK

Saturday

EXCHANGE

16

'h,} 25/a Dec 31

n,

NEW

13

8% May

25

Jun

1

18'% Apr

5% July 27

13% July 11
11% Jun 28
.37

Lowest

Highest

Lowest

,

STOCKS

Range Since Jan.

1951

Feb

Eureka Williams

Par

Corp

5

13%

Inc

1

12%

12y4

3

47%

48

2.50

*"2%

3

Exchange Buffet Corp..

HIGH

SALE

PRICES

Sales for

Wednesday

Tuesday

^Thursday

Apr. 2

Apr. 1

6%

6

13%"

Co

AND

Mar. 31

6 V8

6

5

Ex-Cell-O Corp

11

3% Feb 15

Monday

Mar. 29

6

6

6y4

133/4

13%

13%

13%

13%

.12%

123%

12%

12%

12'/a

12%

48

47%

48%

47%

47%

3

*2%

6

13%

48

,

*2%

•2%

3

Friday

Apr. A

the Week

Apr. 4

Shares

6

*13% *

2,200

13%

13%

13%

900

'

12%

12%

12%

7,000

■47%

47%

47%

47%

2,400

*2%

2%

■12

3

*2%

3

|i
fi

.

27% Dec 28

223/4 Apr

1

27% Jan

23%

23

23%

223/4

23%

23%

23%

23%

26 y8 Feb

23%

21 % July 20

2

22% Feb

26

23%

23

23% Jan

23%

11

Fajardo Sugar Co—_

__20

*22%

22%

22%

22%

22%

22%

22%

223/4

22%

v>12% July 30
9
1' 13% Jan
c>,.n% Jun 28

17ya Feb

19

127/8 Jan

3

22 %

16 Va Jan

22%

22%

29

Falstaff Brewing Corp

l

*14%

15%

14%

14%

14%

14%.

14%

14%

14%

14%

15

15

1,400

l

17%

17%

17

17 VB

17%

17%

17

17%

17

17VB

17

17%

4,700

13%

14 %

14

14 Vb

13%

14 Va

13%

14

14,000

51

51

503/4

51

*50%

503/4

y2 Deb 27

>),: -26
.

16% Dec

3

153/4 Jan

2

29% Mar 27

12% Feb

28

46y4 Dec

51% Dec

31

2

82% Oct

9

23% Jan

A

12

50'/a Jan

_

6

31 % Oct

25

48% Feb

3

Fairbanks

4

Family

14% Jan

2

Fedders-Quigan Corp

19

52

Jan

2

71

Jan

25

;30% Feb

1

5% Jan

28

5%

62%

63

63

62%

30

30

*28%

11

Federal Motor

*4%

5

4%.

4%

19

Federated Dept Stores

2

4% Feb

21

5

37

Feb

27

Dec

14

106

Jan

4

100

Jan

3

Apr

3

Jan

2

18

Apr

26

15% Apr

3

16% Jan

19

17 y8 Jan

3

X38% Aug 29
78
Jan
4

31% Jan

9

38% Apr

2

3

74% Jan

12

Feb

27

x69y2 Jan

2

Jan

12

21

54'% Nov

■"!

i

Jan

70% Dec

20

683/4 Mar
53"

31

107% Mar 17

104

41 y2 Jan

4%%
Ferro

35

Sep

28

40% Aug 16

34% Mar 13

40 V4 Jan

24

io y4 Nov

21

14% Apr

13

lO'AApr

3

11% Feb

8

106% Mar 13

2

33% Oct

15

28% Feb

25

Dec

3

106% Feb

20

98

Jan

10

21

Dec

19

28 y2 Mar 21

20

Mar 27

2

19% Aug 21

17% Mar

28

26% Dec

10

25 Va Jan

25

131/4 Dec

31

17

Jan

12

13% Jan

8

18% Jan

2

25% Feb

13

20% Mar 25

26% Oct

5

Feb

27

100

193/4 Apr,
92 V2 Jan

4%%

7

Jun

36

29

14 y2 Mar 14

23% Jan

30

23% Jan

2

96% Feb

Jun

29

35% Nov
14

29

75

20

Feb

26

114

Jan

Jan

15

90% Jan

2

98

Apr

1

13

44 y2 Jan

54 y4 Jan

29

23 % Apr
19
Feb

4

56 Va Jan

Jan

24% May 11

17

10% Jan

49% Sep

9

46

26

6

14

3

15

30 y4 Jan

2

22% Apr

Feb

3

75% Jan

10

10'% Mar 21

7% Feb

14

8% Jan

4

19% Jan

23

95

Dec

3

Nov

20

Feb

Jan

18

15% Jan
26

Jan

8

11

cum

convertible

3%%

313/4

32 %

101

19% Oct 23

17% Feb

20

20y8 Jan

13

19% Jan

9

13

9% Feb

9

7% Feb

20

May 29

40 Vb Oct

9

36% Feb

29

11% Mar 29
Jan

7%

r/
<

36

i

2

Jun

19

;

98

8% Jan

8

38% Jan

'

Sulphur

19

21% Jan

8

18% Mar 11

19% Jan

21

20

Jan

3

26% Oct

15

23 y« Feb

19

25 Vb Jan

2

18

Jun

28

26y4Oct

15

22% Feb

5

6'% Jan

63/8 Apr

17% July

j
»

i

12

8% May

8

Jan

10

40 y2 Aug

24

Jan

31
23%

r.

25

36% Aug 30

2

20% Jan

,102% July
48% July
10% Jan

.1

31% Dec

5

107% Mar

9

58% Feb

2

12

Jan

5

162

15% Jun

:

29

149

,t...

2

11% Sep
80

72% Jan

'

26% Jun

29

,1

15% Jun

29

:

Jan

30

49% Jan

4

6% Jan
39% Nov

V
1

19

Dec

5

7% Nov

8

53% Oct

26

91

•;

L.
.

Dec

6

109% Dec

.

13

xll8

8% Jan

22

34% Mar 25

41v* Jan
313/4 Feb

7

21

4

7

26% Feb

6

102% Feb

20

26

5iy4Jan

9

6
4

153% Jan

11% Mar

153/4

13

8

27

Jan

8

34% Feb

26

30

Feb

29

17% Jan

8

125

,

16% Feb 20

Apr

26

Jan

9

63% Sep

17

543/a Feb

20

Oct

16

7% Jan

4

48% Jan

18

42 Vb Jan

8

105

Jan

2

115

Feb

4

^

29

11% Feb

2

Co

Wood

preferred
Cable

Corp
preferred

Jan

14
5

General Cigar

Apr

3

59% Jan

7

7% preferred
General Electric

4%

1st

4%

conv

29

133/4

22 %

22

21%

2P/4

20%

*97%

39%

39

49

483/4

49%

7,600

105

103%

104%

320

48%

1.8%

17 %

*17%

18%

700

11%

11%

11%

11%

1,200

39%

30%

*38%

39%

39

39%

38%

39%

4,100

♦15%

Jan

46

2

54

May

3

23%

235/8

83

83

16

Jan

2

122% Feb

28

Jan

4

Feb

21

Nov

29

126% Jan

2

119% Jan

11

Dec

5

105% Jan

10

x94y4Jan

3

18

May 22

21% Feb

6

Jan

2

31 y4 July 30

40% Jan

10

34% Feb

20

27% Aug 31

19% Apr
33/8 Feb

20

Jan

10

Jan

12

119

Jan

25

9y8 Jan

17

8% Jan

9

Dec

10

8

July

30% Jun
34

Dec

27

39y40ct

10

45% Mar 28

General

21

39% Jan

17

General Shoe

983/4 Mar 21

104% Jan

7

Jan

2

32

Sep

6

2

31% Jan

28

33 y8 Jun

29

40

Oct

25

32

- Feb

29

35% Jan

2

101% Apr

24

105

Jan

18

100

Jan

26

102% Jan

3

Jan

2

60% Oct

17

52

Jan

9

66% Jan

28

34

293,4 Apr
81% Dec

31

96% Jan

72

Dec

17%

4

31

Apr

30

81 y2 Jan

3

89

Mar 10

Jan

3

27

92

Jan

16

76

16

77% Feb

18

Jan

10

26

Apr

1

23% Jan

5

2

33

Sep

14
21

20% Mar

24 Vb Jan

30'/a Jan

9

91% Dec

,

6

100

94

3

Mar 20

Jan

33% Mar 21
98% Jan

28

2

24% Feb

5

16% Feb

19

21

94% Jan

30

84

19

3

22% Feb

16

193/4 Mar 15

20% Jan

7

2

48% Sep

26

363/4 Feb

28

42% Jan

24

7% Nov 20

9% Jan

31

7% Jan

2

8% Jan

18

16% July

86% Dec
18% July

27%

,,

rm

Jan

Jan

3

140

Mar

24% Feb

1

19

16% Nov

23

42% Jan

10

101% Jan

8

40% Nov

26

50

Oct

Dec

13

109

Feb

8

9y8 Dec

19

17% Feb

2

104

45
,

Mar 14

2% Jan
6
6% July 10

128

Feb

Mar 19

16% Mar

3

3

6

42% Feb

29

47% Jan

29

107 Vb Feb

9

51

Aug 16

104

Jan

3

9

Feb

20

x49 % Jan

16

4% Feb

5

3% Feb

8

9

8% Jan

11

9% Feb

15

29% Feb

29

31% Jan

4

x22% Feb

19

24% Jan

30

2% Jan

10

99% Jan

9

27% Feb

21

Jan

2

24

Oct

9

88% Dec

17

103% Feb

14

12

29

18% Feb

5

11% Mar 17

Feb

2

313/4 Feb

26

13% Jan

2

14

46% Feb

27

18% Apr

2

34

2

38

13% Jan

2

45% Jun

29

16% Sep
573/4 Feb
22% Jan

4

Jan

30

154

Jan

22

35% May 24

44% Oct

9

22

36

73% Jun
Feb

29

6

10% Jan
4
57% Jan 24

10% Jan

27% Apr

6

67 % Apr
4
105% Feb 29

43% Mar 17
28 V2 Mar 16

28

16
23

20

29

138% Jun

Jan

18% Jan

103% Jan

21% Jun

xl8% Dec

8

55% Feb

21

31% Aug

131

Jan

66% Sep 18
104% Aug 14

29 % Nov

Jun

17% Mar 31
x86

82

Aug 3Q

91

140

Jan

21

3

104% Jan

30

2
33% Jan
96% Mar 25

13

Jan

5

Gen

10% Jan
91

2

27% Jan

9

10 y« Jan

25

14 y4 Jun

11

For footnotes

see page




122%

"

123%

123
99

3%

3%

3%

3%

3%

3% '

8%

99

Shares

98%

22

*21%
38%

19%

54%
123%

600

3%

3%

8,000;

21%

10,700 ;

21%

21%

21%

21%

21%

26%

*26%

27

26%

26%

26%

27

*118y2

*118'/a

123

*118%

♦118%

123

*118%

*118%

123

9%

9%

9%

9%

45»/2

45%

45%

45%

45%

*38%

39

38%

38%

*38%

99%

100

123

99%

*99

,

*99

30

./■

■>".

30

29%

33%

33%

9%

29y8

30

33%

33%

*101

103yz

5

60

60%

*100

59y2

*33%
*100

103y2

60%

60'%

123

45%

*100

99%

88

*76

80

19%
38
7%

*126%
17%

66%

45

No par

*106%

No par

*9%

Graham-Paige Motors
Granby Consol M S & P

l

*51

3%

*87

88

80

Vs'

*104%

4

21 vb

19%
38
7%
130
17%
67

105%

45%
107

9%
52%
3%

21%
33%

*95

21%

33

96
17%

17%

85

38

38%

20

7%

*126%

130

17%

18

66%

66%

104%

104%

45%
46
106% 106%
9Va
9y8
3%

80

21%

33%

17

*51

*76

96%

85
20
7%

;

52%
3 Va

21%
33%
96

17%
85
19%
38%
38%
7%
7%
*126% 130
17%
17%
65
67
*104% 105%

*83y2
19%

45%
46%
*106% 107%
9%
9%
*51
52%
3
3y8
8%
8%

5

preferred

8%

8%

8%

30%

30%

30%

30%

30%

12.50

Granite City Steel

8%
*30%
22%

23y4

22%

23vb

22%

23

100

Co common

5

...lOO
com

1

Ry 6%

pfd

No par

lOOVa
29%
*95

12%
*33

14%
50%

Green (H L)

21% Mar 28

26% Jan

22

No par

*18y2

100

Sugar com

preferred

*142%

96

12%

33%
14%
51%
18%

*100%
29ya
*95

12%
*33

14%
50%
18%

143

143
*65

10iy2
29V#
96

12%

33%
14%
50%
18y2
143%
70

100

*65

70

1

Co Inc.

36

36

36%

37

22

22

22

Greenfield Tap & Die Corp__No par

(The)

101
29%

*21%

100
29%
96

100%
29%
96
12%

12%
33%
33%
14%
14%
50
51 Va
18%
18%
142% 143
*65
70
37»/b
37%

21%

22

90
80

21%
32%
97

3

4%% preferred
Gffifnman Aircraft Corp

Sugar common

100

1
1

11%

11%

*95

96

25%
*12%

25%
12%

11%

*95

25%
12%

11%

96
26

127/a

11%
*95

11%
96

24%
12y2

25%
12%

99%
29%

30

'

4,900

j

44 VB

"7,100

39

650

;

500

99%

3,300

30

"J
!

33%

♦100

333/4

33%
103%

*100

600

333/4
103 %

30%
88

88

♦76

80

29%

31

3r700
20

90

♦76

!

'

303/s

*87

j

2,400

; :<

80

'

*95%

21%

21%

21%

9,800

32%

211/4

32 VB

32%

4,600

97

100

16%

17

15,400

*82 Va

87

300

*96

97

17y8
•

17%

17

17%

84y2
*19%
38y4

84V2

85

85

19%

19%

19%

193/4

600

38%

38%

37%

38%

7%

7%

7%

7%

6,700 j
1,900

7%

*126%
17%
,

64%
*104%

19%
38%
7%
130
17%
65%
105

45
45%
*106% 107%
9Va
9%
50%
51
3
3%
8%
8%
30%
30 v*
22%
22%

100% 100y2
29%
*95%
12%
*33

29%
97
12%
33%

14V2
50V8
18%

14%
50%
18%
*142% 143
*65 -.-70
37% 38
21% 21%

—

Common

■

*383/4

2,400

9%

62y4

*F7
*76
21%
x32%
*95y2

90

10

(The)

30

30

103%

60 va

60%

43%

44%
39

99%

33%

*33%

33%

44%
38%

100

29%

30

103%

9%

9%

45y4

*38%
99%

123

38%

44%

38%
100

9y4

9%

9>/4

9%

,

88

No par

Gould-National Batteries Inc

Stores

10,900 ;

18'%

3%

21%

No par

preferred

500

1,800 ;

38%

26%

(B F) common—No par

preferred—

700;
!

98%
22

27

2.50

Hosiery

,

67,400

21%

com

common

the Week

Apr. *1
54%

26V2

20

preferred
Goodyear Tire & Rubber—

Guantanamo

20

200

118

21%

No par

29

122%

54%

20

Prop__No par

12% Mar 20

Xl22%

123%

54%

19%

*38%

230

1223/4

Friday

Apr. 3

54%

20

Iron Ore

27% Jan

122%
♦113

Thursday

Apr. 2

54%

55

19%

-

1,700

58

58

;

500

4,300 ■'

Sales for

20%

preferred

11 V» Jan

116

20

conv

23% Jan

123%

116 •,

20%

Gt Northern

8

*122%

3%

Gt Northern

3

583/4

20%

11

Apr

57%

3%

22

11% Feb

9%

20%

No par

$5

Corp

96%

9%

par

No par

Grayson-Robinson

42%
♦95%

93/4

38%

85

Grand Union Co

43%

963/8

9%

38%

30

96

123%

123%

8,100

43

42%

,100

Green Bay & Western RR

Jan

*123

8%

*95%

Wednesday

Apr. 1

55 Va

8%

21%

common

8

11% Jan

54%

8%

*119

HIGH SALE PRICES

Tuesday

54%

8%

18,200
3,600

38%

97
17%

66% Mar 13

94

LOW AND

JL19

57%

38%

33%

41% Jan

9

*115

119

563/4

'

60

57%

119

38%

*33%

26

6

122%

123%

123

9%

58%
122%

800

119%

57%

119

38%

common..—1

66% Mar 13

12% Jan

28

29

9%
*58

58

*114%

55

preference_.No par

36% Feb

192% Mar

Dec

19% Jun

58

16%

16%

39

Goebel Brewing Co
1
Gold & Stock Telegraph Co.
100
Goodall-Sanford Inc
...—10

Greyhound

9%

9%

42%
95%

32

38'/4

Gleaner Harvester Corp.
Glidden Co (The) common

Western

42%
95%
9%

220

1,100

32

38Va

*83V2

7%

*95'%

78

16%

*21%

5

Great

42%

95%

59 Va
8%

42%
95%

8%

42%

58 Va.
8%

59%

8%

16%

*77%

31%

99

Jan

4

58%

16%
118

K*3iy4

21%

Jan

4

*117%

6,000

10%

10%
78

*21

15

Mar

'

*16%

16%
118

1,700

10%

10%
*77%

*98 vz

51% Jan

19% Mar

117%

31%

163/4

22

34

145

*16%

*31

.

11%
157%

16 3/4

99

No par

$2.25

16%'.

31

11%

98%

preferred

cum

*30%

118

,100

Co

Gimbel Brothers

(W T)

30y4

3,000

2,300

,

*156%

17

21%

*95
17'/b

3%%

76ya

2.50

convertible

5%%

10%

76%

:1-

3,300

.

11%

98%

21

Grant

10%

-

120

55%

157%

17

22 %

*76

conv

10%
.'78

28%
1033/4

55

11%

22%

1

$5

10%
78

28%
»103 %

*156%

98%

100

Gotham

10%
78

17

99

33a% preferred
Georgia-Pac Plywood Co..

New

54%
55%
11%
liy2
*156% 158
*17
17%
10%
10%
77
77
31%
31%
*16%
16%
118
118
57%
58%
8y2
8%
42%
43
96
96
9%
9%
58y2
58%
*122% 123%
116
116
>

11%

16%

200

1,000

55%

158
17vb

5,000

6%
283/4

29

22

*87

Goodrich Co

11%
*156%

1237/b

*98%

100

$4.50

1033/4

55%

29

1,700

35%

__10c

Castings $6 pfd
Telephone Corp.

(The)

103%

55%

liy2
158
16%

Mar. 31

preferred

$5

28%

" 103% 103Va

1,400
•

6%

:

343/4

28%

100 I

24%

.*34
28%

63/4

34%

28%
28%

200

24

24%

■

3,000 I
;

19%

24

267/8

common

Gillette

.

6%

♦19

,

26%

Corp

General Tire & Rubber Co
New

55y4

56%

11%

Monday

*123

103%

*103

24%

100

73/4

21%

preferred

4%%

28%

28%

23%

24%

36

34%

28%
28%

*156%
16%

11%
158

58%

54%

,

19%

23%

22

General Time Corp common__No par

4y4c/o

6%

28%

♦18%
.

24%
6%

27,800 11

373/4

21%

...

Steel

General

19
23%

■

38

No par

Refractories—

Jan

36% Feb

*18%
*23y4
24%
6%
*34 *28%
28% '

7%

373/4

7%

*37%

..1

Realty & Utilities

preferred

33

18'%
24
24%
6%

7%

38

1

General

17

*37y2

34%

1,200

18%
193/4

No par

6%

25

17

55%

56y2

6%

103%

*103

18%
*19%

7%

28%

Mar. 29

Corp.—5

25

29

28%

29

19%

7%

7%

18%
19%

38V4

36,

7%

7%
18%

10c

Jan

Jan

28%

.* 'ii

No par

Corp...No

9% Feb

39% Jan

*34y2

123y4

No par

Gen Railway Signal com__

121

6%

6%

119

5

Service

General Public Utilities

119'

293/4 Jan

Equip

22% Mar J1
4

100

*i9y2

18%
24
24%

25y2

*122%

.No par

28% Mar

28

28

May 15

101

130

2

3

7,800

7%

7%

7%

■

19
24%

25

Saturday

Gen

25

20% Jan

*24

*114

par

7

8

*18%

25y2

100

STOCK

Advertising

Public

16

23%
83%

22%
♦82

18%
18%
19%
19%
7% ".-7%

7%
19

*37%

77/a

24%

"T

series

$3.75

Precision

9%
*58

*19%

19%
38

19y4

100

16

General

16%
*117y4

1

3% Jan

28% Oct

115

30%

4

23

31

29

10%

20

Feb

2iy4 Dec

2

16%
*76%

preferred

YORK

Outdoor

11%

*156%

.

No par

preferred—

Preferred

56%

5

General Motors Corp common

$5

,

38

103%

*103

5

General Portland Cement Co...

2

Jun

31

24%
25%

' *28%

38% Apr
22% Jan

27

22

123% Mar 27
100% Jan

*18%

100

common.:

5% preferred
3%% convertible

7%

7%

38y2

com__l

EXCHANGE

55vb Mar 31

7%

*37%

28%

Gen

16% Jan

4

Corp

*19%

19%

*19%

>

36

23 y4 Mar 17

Jun

3

18%

42%

Mills

94

17% May 19

18%

*95%

General

119

•;

18%

No par

12

50

*15 3/8

16

23%
82

com____No par

Jan

NEW

♦153/i,

16

23%

59 y4
8%

60

1

100

17%

12

18%

82

*15%

3,700

23%

*11%

16

8%

3

Highest

-78%

110

47%

12

83%

59 Vb

Mar

Range Since Jan.

"183/3

983/a

47%

*98

11%

'

18%

Instrument Corp...

Lowest

Highest

48

24

6%

STOCKS

1951

98

46%

23%

*28%

preferred,

Range for Previous
Year

98

46%

463/4

83%

1

General

116

98%

*98

98

47

*153/8

No par

2

109% Feb 23

10

483/4

18%

100

12

118

6,400

103%

24

*34V2

Co

Jan

8

6,900

20

48%

84

Co Inc com__lNo par

Foods

21%
97%

103 Va

24

50

Apr

4

193/4

483/a

39%

1

2nd preferred

10% Jan

Feb

21%
♦96

103%

;

18%
12

100

45

123% Oct

215/8
20 Vb
97

48%

98

18%

No par

96

54

20

*96

ono

"Sio

14

104V2

98

48%

48

12

50

com

3

3

21%

'

20 3/a
96

84

5

2

65 y2 Jan

20%
96

29

48%

*7%

No par

17

$3.50

20%

283/#
*13%

n

104%

48 3/4

105

7%

General Finance Corp
General

26,000

133/4

7%

Corp

17% Jan

7

19%

28%

ii%

1.66%

com

___

Mar 31

83/4 Mar 13

Inc

preferred!

$4.50 preferred

78

119

19

16

2

Industries

General Bronze
'

1,600

19

85%

No par

Jan

8

Lowest

Co

convertible

General

20%

13%

97

380

20%

24

5

(The)

32

>

18%

20%

28%

1

General Amer Transportation
General Baking Co common,
$8

5,900

32 V4
100

*20%

13%

7%

20

common

General American Investors

28

17% Jan

Inc

Gaylord Container Corp

3

32
100

100

r

7% Jan

90

11% Mar
128

11% Apr
159

27

10y8Feb

:

Mar 20

573/, Mar 25

15

Feb

74

Mar

29

103% Apr

32

100

31%

32%
100

100

19

7%

preferred..
50
(The)
No par

Corp

4%%

2,200

18%

1

Gardner-Denver
Gar

1,300

10%

28%

12

*84

convertible

Garrett

36%

10%

'

(Robert) common
preferred

Gamewell

140

36%

10%

23%

100

Gamble-Skogmo

2,300

106%

36%

18%

20%

!

4,100

106%

10%

20%

21%

73
59

58%
L'

36%

20%

*96

j

»

11,500

10%

*15%
1

common

Gair Co Inc

22

18

7

18

.rill

May

■

Mar 14

27% Jan

-

19 Vb Mar 19

2

8% July

.'

:

Apr

26

73

59%

13%

97

37%

37 %

106%

283/4

.

60

1,800

-

36%

31%

32%

.

;

10,000 J

15%

733/4

59%

28%

39%

II~20

Co

preferred

5%

73%

*106%

*13%

105

48%

*18%

1

Gabriel Co (The)

12

73

"'38%'

41%
104

15%

37%

106

17%

12

No par

Froedtert Corp
Fruehauf Trailer Co

6%

40%
*103

153/a

'

3,600

23%

....

Sugar Co

Freeport

19% Mar 17

41

103

203/4

G
6%

!).

41

13%

48%

48%
105

473/4

5

283/4

*96

*96%

4%

20%

97

10

5

21%

203/4

100

4%

600 )

13%

22%

48%

400

30

103

*20 3/8

-

*20%

62

29 %

23%

28%
133/4

*96

62

30

10 3/8

■

101

*100

*62%

issued"

Francisco

4%

31%

900

■

36%

10%

18

104%

Franklin Stores Corp

84 % Mar 20

36%

10%

17%

21%

1

15

preferred

36%

10%

173/4

preferred...100

Foster-Wheeler Corp
"When

36%

203/a

& Chem Corp___10

3%%

106

,

I

50

41

"59

•

'

50

59%

59%

J t

64

4%

723/4

73%

36%

20

10

pfd ser of '51

Food Machinery

29

12% Mar
*

36% Feb

27

28

17% Oct

July 10

24 Vb Nov

Feb

13 % Feb

,16% Nov 24
10

47

103

Steel Corp.
^
Stores Inc common

Fair

$4.20 div

-■■'

50%

102

106%

*10%

'

*100

133/4

'37 3/4

14

50%

-

15% "15%
■<•37 •"
38% '

106

20%

—No par

■

900

*29%

64

40 V.

x59

60"

32%

17%

<

13%

30

102

15%

72%

72%

99%

28%

Food

•

.>36%

-

>

50%

4%

102

15%

106

99%

Florsheim Shoe

class A

59 V*
106

38%

31%

Corp
7%
Florida Power & Light Co___No
par

19

14

26%
10%

>

*20%

Power

Follansbee

4
10

14

102

10%

Florida

Apr

29% Mar 20

52% Oct

87% Nov 30

*363/4

.

71%

59%
106%

No par

Stores

37

72%

58%
105%

4

8

Dec

54

9

Apr

*71%

100

4

Mar

110 y4 Dec

2

94

37%

yIIIIIo

N

preferred

First National

23 y2 Apr

33% Apr
*

36%

Firth

323/8 Mar 20

Jun

26

_i

Corp

(The) Carpet Co
..5
Flintkote Co (Tlfe) common
No par
$4 preferred
...No par
Florence Stove Co
1

101

17% Jan

19% Mar 30

*101%

15%

14

30

40 7/B

40%

102

*153/4

19 y4

Jan

92

90% Dec

41

*101%

16

403/4

102

22% Jan

25

>

40%

102

153/4

40%

100

Firestone Tire & Rubber com__12.50

19

4%

5

5

5

common

preferred

Fidelity Phoenix Fire Ins

_

Oct

21

No par

Felt & Tarrant Mfg Co

103

;

Truck

13%
*62%

29 %

5,300;;;

'

50%

<■

62%

30%

8% Feb

65

50

30%

54% Feb

103

pfd ser A wi

cum

62%

26

38%

l

_

._

30

"13%

conv

Corp

& Smelting Co
.2
Federal-Mogul Corp
nr.__5

Oct

„;100

Finance

Federal Mining

Nov

5

Co...___No par

&

17 V* Mar

61% Mar 27
283/4 Feb

Morse

11%

11%

*95%
24%
12y2

96%
25>%
12Va

26.

1

*126%

130

♦126%

17%

17%

65%

67

65%

♦104%

105

•1043/a

*17%

443,4

453/8

44 %

1063/4

1063/4

♦106%

9%

♦50%
3

9%

9 Vs

•50%

51

3

3%;.'

130

173/4

3,100

10,206

67%
105

100:

:

443/4

12,500
200

107

800 !

9%

400

51

3%

'

20,400
3,600!

8%

8 5/g

8 3/8

8%

*29%

30%

♦29%

30%

900

22%

223/4

12,800

100%

1,000
1,300

223/4
100

23
101

*100

29%

29%

29%

97

96

96

12%

l23/4

12%

12%

33

33

33

33

29%
♦95%

/

14%

14%

14%

14%

50

503/a

49%

50

18%
142%
*65

183/,
143
70

18%

18%

142%

142%

♦65

200

2,100
80

4,300
11,400
900

220
■1

70

3734

38

37%

383/,

5,100

21%

22

22

22

1,400

i
i

31,600

1

11%

11%

11%

11%

96

96

25%

25%

24%

25%

13,200

12%

12%

12%

12%

1,800

*96

97

10
.

NEW YORK STOCK
Range for
Year

Lowest

Highest

1

Jan.

Since

Range

1951

Lowest

NEW

Highest

10

33% Oct

9

25

Feb

20

68% Feb

5

63

Feb

27

31% Apr
67% Apr

3

2

44

1

58 Vo Sep

13

50% Feb

27

58% Jan

23

23% Jan

17

21

Jun

20 Vo May

Mar 26

99

Dec

5

104

Feb

14

97% Jan

Dec

27

110

Feb

14

98% Jan

Saturday
Par

Mar. 31

PRICES

Sales for

Wednesday

Tuesday

Monday

Mar. 29

Thursday

Apr. A

Apr. 1

Friday

Apr. 3

the Week

Shares

Apr. 4

.

28%.

28%

28%

29%

29%

30%

29%

30%

30%

31%

30%

31%

64%

64%

64%

65

65%

66%

67%

2,500

58

57%

58

56 %•

57%

56%

57%

57%

23,000

Gulf States

21

21

21%

21%

21

2IV4

21

21 »/4

21%

21%

67%
56%
21%

67 %

57

66%
56Va

66%

25

66%
56%

Jan

29

99

2

SALE

LOW AND HIGH

STOCK

Gulf Mobile & Ohio RR com_No
par
85 preferred
No par
Gulf Oil Corp
;
25

3

24 %

3

97

YORK

EXCHANGE

59% July

21% Jan

RECORD

STOCKS

Previous

Feb

7

Utilities Co com_No par
$4.20 dividend preferred
100

104% Mar 31

84.40 dividend preferred

10,400

105

60

101

*104

59,300

22
101

*98

101

104%

"98

100

■'

104%

104%

*30%

31%

31%

31%

31%

31%

48%

473A

48%

*30%
47%

31%

47%

48'/4

48

48%

48

48%

16%

16%

16%

16%

16%

16%

16

16

16

16

13%

*13%

793/4

*79%

"98

101

"98

101

*98

101

*104

105

*104

105

*104

105

*99%
*104

H
30% Feb

28

33% Oct

19

50% Nov

29

15% Apr

4

19"% Dec

1

12% Dec
73% Jan

31

101

19

12% Mar 15
5

81
105

30% Jan

10

34

Apr

3

Jan

140

Mar 27

142

Jan

21

30

Jan

5

24% Jan

7

Hart

Mar

5

6% Jan

4

Hat

36% Mar

1

18

8

22% Feb

21

5% Mar 14
Mar

6

28

11% Jan

11

9% Feb

16

July 17

8% Oct

6

6% Feb

20

27 % Jan

12

20% Apr

20 Vo Nov

26

30% July 30
82% Dec 21
32

Nov

94

Sep 14

22 % Dec
36

Nov

Jan

22% Jan

7

24

Feb

Apr

1

38

Jan

15

19

Feb

21

Feb

15

67

Jan

2

Feb

•

79

127% Mar 15

3

120% Feb

21

44% Mar 12

38% Feb

21

54

51% Jan

9

Mar 29

16

86% Jan

19% Apr

31

18% Jan

6

6

106% Dec

11

12% July 18
18% Mar 29

17% Feb

13

23

Aug 29

10

Nov

2

15

Jan

20

Dec

20

9% July H

14

33% Dec

100

Feb

5

19

15

Feb

8

9

19

33% Jan

66% Jan
105

29

94 % Jan

2

17

13

9

37% Oct

16

32% Mar 19

30% Jan

42% Dec

24

20

90

Nov 23
Dec
5

17

Jun

99% Mar
20 %

Oct

18

94

Jan

11

102

18% Feb

23

20

1

68% Jan
17% Apr

\2

10

2

19

Feb

74 % Jan

9

89% Feb

15

Jan

2

4% Jan 26

5% Jan

2

9

2

19 V* Mar

48 %

May 24
12% Nov 16
16 % Aug 30

65

5

Oct

10% Apr

3

20% Feb

26

28% Feb
4% Jan

19

23% Oct

6

«

3

Jan

Jan

-

8

;

18% Jan 21

•

Nov

Lowest

39% Jan
,

20

9

75% Feb

,6

107% Mar

32% Mar 15

52

Nov

19 *
1

8 % Nov

23
6

36% Oct

6% Dec 18
56% Nov 28

71% Feb

75% Jun 29
152

Dec

12

45 Vb

July 2
18% Jun 29
11

Mar 28

20% Nov
90

Dec

2% Jun

8

26

35% Jan

1

26

168% May 18
62% Feb
5
29% Oct 15
Jan

25

5% Jan

11% Jan

179

25%. Jan 10
87 % Aug 15
3

Jun

25

31% May 24
129

Feb

14

Sep
37% Feb

3% Jan
16

18% Dec

Apr
32% Feb

(A)

$2.25

5%

44% Oct
5% Jan,

3

42% Oct

8

133% Nov

9

15% Oct

56% Jan

17

1

Feb

6

81/4 Apr

40

Feb

Apr

1
4

Jan

8

29

Xl9y8Sep

19

15

Feb

20

27% Sep
35 % Jan

10

,8

31

241/4 Jan
2 8 Vo Feb

8% Dec

1

8% Jan

May~28

Vo Apr
321/2 Apr
25% Jan

28

27% Jan 24

20% July

9

24

Dec

1

39

Feb

5

July 12

139

Feb

7

129

4% Jun

28

Feb

134

Jan

28

8% Jan

18

4% Apr

4

4

22% Feb

10

19% Jan

2

26

64

Apr

4

97

Dec

3

47

Jan

64

Mar 27

21% Jun
85 % Dec

29 Vb

27

July

Jun

II1/4 Nov

25

95

Mar 16

78% Sep
106% Jan
70%

18

81% Jan
2
65% Feb 21

11

96

No\\ 15

Feb

15

26
2

29

82% Sep
31% Jan
99

6

21
15

103

57

Mar 28

Jan

38% Jan
61% Feb
35

14
30
2

Mar 20

177s Apr
x29% Feb

6

11

1

Feb

29

27% Feb
1
25% Jan 30
39% Feb
136

Jan

5% Jan
25

Feb

5

33 3A

38%

16,600

63

63%

63

63%

-3,800,

60%

60%

59%

59%

*101

102%

*101

1023/4

13%

13%

xl3

13%

33%

33%

*33

33%

383A

*101
13 Va

33 Va

4%

*13

.12.50

———

13%

33%

;

7

333/4

333A

700

44%

44 %

44%

44%

44'%

2,900

93

93

*93

94

94

94

102

103%

102

*101

103

*101

103

*100

102

260

19

4,100

193/4

19%

83

44%

19 %

19%

19%

81%

19

81%

17%

17%

17%

*17%

77%

76

76%

753A

43/4

43/4

47/e

43/4

43A
11

/"A

43/4

17 3/8

74%

75

83 %

10%

*10%

56V4

4%

STOCK

551/2
14Va

pfd

70% Mar 25

$4

7

90% Apr
38% Feb

2
18

3

38% Jan

3

49% Feb

13

7

Saturday

*38%

38%

38%

643A

68%

99%

*97%

99

98

98

36%

363A

36 3/a

48

48

48%

48%

52

52

52

48

*50%

52

8%

•

*50%

8%

37%

par

38

38

*6%

100

85%

86

85%

*13

47%

25%

25

»\ 13%

*13

100

*92%•

Rubber

No par

37/a

—i

No par

20%

3%

3%
17

16%, >17%

52

52

52

y

*92%

94

94
4

4

17'A

•

'

;

33%

33%

33%
1703/4

191

13Va

21

94

93

93%

*93

4

4 Va

16%

189%

190

189%
33%

190%

33V2

33%

17,1%

163A

1713A

•

Coal

preferred

33%
169%

340

*89

17%

17%

17%

173A

18Va

17%

17%

15,200

34%

35 V2

351/4

35%

35 V*

35 Va

8,100

90%

*89

90%

90Va

90

90

90%

*3

*

44%

*89

'

3

3%
44%

*134 Va

15

11%

-

11%

7.50

48%

<

49

135

*46

7

135

;

27%

134%

11%

48%

49

*50%

y

?

28%

,'9%

9%

*50%

11%

11%

5,400

473/4

48 Va

19,100

104 %

.*1023A

104%

*102%

104 Va

51

;

51

51

51

*50%

51

200

38

38

373A

38

1,600

57%

57

57

900

..' ' 51

37%

58

57%

57%-

57%

..

38

57%

17%

35%

*35

36%

*35

27%

27%

27%

27%

29

28%

29%

Jewel Tea Co Inc

No par

*33%

34

27%

27%

:

10

7 24%

24%

common..

50c

9%

9%

9%

I

'

36%

36%

*135

136

*33%
27

*24%

9

35

16%

17%

92.300

28%

29

:

9% /

9%

9%

%'

36 Va
*135

33%

34

26%

24%

28 Va

6,400

29

36%
136

"

36

36 %

*135

136

4%

4%

4%

4%

*21%

22%

*2134

22%

88%

87

common.—No par

*69

69%

*69

69%

99%

*97%

99%

68%

68%

69%

68%

62

60%

60%

*60 Va

No par

LL

100

Manvllle

Carp.
Johnson..—i.

Laughlin, Steel

preferred series A

Joy Manufacturing Co.

29%

900

9%

9%

9%

21,900

9/64

156,300

*97%

:No par

68%

12%

*60%

"

37

4%

4%

21%

21%

*87

88%'

69

69

*97%

».

•

36

700

27

4,600

24%

3,430

35%

2,200

*

36

36%

35%

136

*135

136

-135

136

1

.

26%
24

27

24%

24%

36 %

.

*135

33
-

.Irr

24%

32%

33

33

27%

24%

24%

*87

——1

.26%

27

243A

33

32%

33 %,•

27%

pfd__100t

preferred

100

35

29

28

Va

Ccu.Nopai^

(F L) Co—
Jaeger Machine Co—1
Jersey Cent Pwr St Lt 4Vo

510

28

353A

17%

29

*28%

;

17%

*35

,

27%

273A

29

*57

17%

17%

17%'

1,700

46%

38%

17%

46

45

45

47

38

36

6%

6%

7

7

7

6%
47

47

51

113/4
48%

*102%

104%
7

7

46%

90

135

11'A
48Va

38%

17

*28%

*1023A

*134'A

135.

11%

38%
*35

.No par

6%
47

/* 134Va

100

8,500
18,300

48%

57%

/

-

—3.50

104%

134%

44%

44%

44%

11%

/

11%

4 8 3/a

63/4

443/a

3

3

3'/a

44%

48

11%

47

3

3 Va

3
44%

134%

443/4

134%

135

*89

901/4

*89%

•'/■'

3

44%

49

*102%

47

28

3

3

44%

11%

17%

7

16%

v

44%

67/8

;

17,400

35%

104%

——

3,000

33%

17

6%

Light Co

189

188

169 Va

171

7-—*———

&

8,400

9,000

35

36

1
Iowa-Illinois Gas & Elec

40

4 Va

16%

16%

33%

170

200

4,800

94

4

4Va

16%

16%

4,600

133/b
21% ;{

17%

*102%

Intertype Corp

24 Vb

*13

21%

7,606

35%

*35

—

46%

24 Vb

24%

13'/a

2PA

24%

1,600

1615/s

46 Va

17%

_^_No par

Interstate Dept Stores.
Power Co

*160

46%

34%

100

Interstate

161%

46%

2,500

35%

35%
-

86

85%

*160

100

56%

85

17%

*17

100

%

V

1,000
4,100

7

*6%
56 3A

24%

;

1703A

191

192

47

500

300

.

37 Va

37

7

57%
86%

133%

r:

1703/4

i

85%
161%

4

16%

1703A

.

57%

21%

4%

16%

171%

com.—5

*6%

*92%

*170%

Chemical

37%

67/a

21

100

&

37%

373A

5,300

8'A

'8%

8%

583%

24%

33 3/8

^

8'/a

*13

21

191

58%

5%

*50%

8Va

85%

13%

20%

191%
33%

*57%

t

52

>463/4

33%

International Silver common..—25
1% preferred
:
—
25
International Telep & Teleg—No par
International Utilities Corp..^
__5

&

50

25

13%

20 3/4

200

36% v

*48

*160

191%

38%

Johns

*36 %

49%

■

common.—.No par

*37%

Johnson &

36%

57%

48%/'

13%

*92%

Shoe—4--*——No par

Jones

363/4

*47%

•

24%

1,000

21,400

99

*97%

49%

7

161%

47%

25%

20%

94

>160

48%

38 3A

65%

65'A

65%
99

*971/2

363%

8%

85%

161%

*160

Shares

38 3/4

38 3/a

373A
65%

„

/

the Week

Apr. 4

Apr. 3

6%

85
48

800

Friday

Thursday

36%

58%

161%

1,200
11,300

Sales for

99

373/4

*6%
58%

15,600
*•:

19

*47%

<

38

7

59

24%

1

'3%

*50%

Machines—.No par

International

3%%

37 %

:

-

8%

*6%

51

Creek

8%

57%

7

47'A

>■

14%

18%

66 y4

65%

36%

57 %

*160

No par

—20

preferred—

Island

8%
38'/a

8 3/a

.

85

..No par

183A

38 Va

38%

-

*97

57%

-;

18%

200

8,500

19

3 Va

Apr. 2

68

37

1

——

Power

Apr. I

38%

47 %

-

3%

-Wednesday

Tuesday

f

66%

*50%

Iowa

y

38%

36%

S A_—.

—

,

Mar. 31

67%

50

common...

Monday

*97%
V

3Va

18%

*18%

18%

39

—5

Inc...

*18%

11

*13%

3%

3

3%

66%

20%

preferred

Rights

18%

Mar. 29

Int'l Rys of Cent Amer com..No
par
5% preferred.———!
j.
100
International Salt—
—_No par

17

21

7

100

ser A

Jacobs

13

7

^

International Packers Limited
International Paper common,
,r

*18%

.!, 3

3%

800

1.6*1

56%

LOW AND HIGH SALE PRICES

Par

-

International Mining Corp_t.
1
Int'l Nickel of Canada com__No
par
Preferred

3%

:

5

Iron

19

'

2,400
2,100

4%

43A

43A
10%

56

'(

80

83

17V4

76

82

17%
76%

82V2

17%

82

77

4%;
*10%

18%

19%

83
17%

*18%

2,200

44%

173/4

11

1,200

102%

94

44

82%

4%

*101

102%
13%

*93

44%
93

19%
>'!/'

38 Va

v?.

77

83%

77

1,900

f>i

18

83%
*17%

100

5,300
;

38%

77%

25

29%

63%

*uU

33%
'

8%

19%

29'A
373A

37%

64%
61 %

13%

*101

4%

43 a

4%

4%

4%

4%

21%

21%

*21%

22'A

21 3

4

213/4

83%

*87

88%

*87'%

88 Va

100

68 %

68%

1,700

99 %
69%

*97%

99 Va

62

*61

'*8.7,
69

-

68 V2

69

69'

*97%

99%

*97 %

99 %

69%

67%

68%

61%'

61%

61%

*61

.

681/4

'

-

69

68 Va

62
;

2 3 Vo

5,300
300

7,400
200

23V4

22%

90%

90

90

36 3 4

36%

36%

35%

3,200

29%

com

10

23%

24%

2338

24

23

23%

23

23%

23

1

100

89%

89%

39

893ft

89%

903'»

90

90,%

90%

37%

36%

37%.

36%

36%

36%

37

.

48,700
930

;

1

37

Kaiser Alum & Chem Corp.
5% cum preferred (-conv)—

1

31%

32

31%

321'3

31 Va

31%

30%

31 Va

29%

30%

30

7,400

50

47%

47%

47

47%

46 3

4

47%

4018

46 3a

46 %

46%

2,800

16%

16%

16 Va

16%

15%

IS3;

15%

46%
15*8

46'A

10

16'A

161/4

13

16 Va

5.300

*28%

28%

287a

28%

28%

28%

28%

23%

28 7

3

28%

2334

28%

1,400

*92

94

94

94

94

93%

931/4

101

*91 %

101

*9"%

101

10 a (A

105

"

105

1.05 VA

105V4

K
40% Sep

13

29% Apr

5

18% Jan

15% Jan

15

281% Nov

17% Mar 14

26% Jan

5

Kalamazoo Stove & Furnace.

29 % Mar 11

Kansas City Pr & Lt Co 'com.No
par
3.80% preferred!—^
—,.100
4%
cum
preferred
100

88% Dec

28

103% Feb

96

19

108

Jan

871/2 Jan
95

Jan

2

94

Apr

2

%

99

j-an

24

103% Mar 12
For footnotes

33%

19 %

23% Mar 30
Nov

13%

*33%

Hydro-Electric Sys class A..25

19

73% Jan

10

13%

1,200

2,300

*191/2

29%

900

•>

113A

63%

37%

37%
64%
61

60%
102%

*101

102

103%

—

preferred

Minerals

$6

71% Jan

34% Jan

65

60 %

13%

5

preferred

25

88 % Mar 17

97% Jan

7%

4

25% Jan

16

4%%

Business

22% Mar U

35% Nov

37%

64

*19

...

Co

Harvester

19
59% Mar 11

2

Steel

Int'l

62% Feb

86% Jan

36%

65%.

*101

y

preferred..!

Int'l

4
3

36%

,1

Inspiration Cons Copper

2

29

Jan

6%
Inland

18

% Mar 20

25

28%

100

Ingersoll-Rand common.!

Intercontinental

36

18% Jan

29%

44%

preferred

Interlake

9% Mar 18

80% Dec

cum

17

9/64 Apr

22

28%

93

Indianapolis Power & Light__No

13

30% Jan

23% Mar 14
35% Apr
3

conv

18

"

'

noncum

Ctfs

3

2

32

6%

Corp

8

8

28%

59 %

*101

——6.66%

Insuransnares

14% Jan

20% Jan

28%

193A

8% /

20

4,700

21

20%

8%

*19%

29

.No par

——

Interchemical

3

50% Feb

13% Jan

20

x29

93%

EXCHANGE

4.26%

Mar 26

136% Feb

28

x20

44%

Industria Electrica De
Mex,

27

52% Mar 19
34% Feb 20

8%
20%

29

*44

^

*8%

*8%

19%

*93

(Del)^_

8%

8%
19%

64%

.50

Industrial Rayon

26

37% Feb

4

*8%
19 %

9

36%

common——3

Illinois Terminal RR Co

1

20
28

7

19%

19%

'

59%

-No par

30

49% Dec

Jun

28%

com.—5

30

8

24% Sep

—30

Illinois Power Co ;common—Ho par
4.08% cum preferred—J—50

1

25

36% Oct

j

8
..

8% Feb

37%

*8%
19%

Power Co—
:
20
Illinois Central RR Co c.ommon.100

29

51% Feb

8

*11%

21

Idaho

1

Jan

21

30% Nov

113A

203/4

280

15%

193/4

11%

21

—12.50

NEW YORK

•

V

22

May

'
..

5% Jan

44% Feb

•

.

43% Jan

27% July 5
8% Nov 26

19%

11%

20%
*8%

18%

6

33% July 10

19

11%

21

18%

19

73

19%

11%

19

16

2

19%

*11%

21

14%

Feb

Jan

19%

H%

20%

19

73% Jan

53

19%

113/4

21

14%

11% Jan

19

19%

11%

%

20

104

15Va

19%

20%

400

5,600

73V2

11%

18%

7

38% Dec

104

18%

3% Mar

Mar 11

15%

14%

•

20%

103%
15%

103%

15%

18%

Feb

x48

103%

15%

183/4

8
4

103%

15%

143/4

6% Nov

May

19%
*71

14%

44% Nov
39

103%

15%

103

15%

25

73%

*71

/

25

20 Va

20 Va

73%

19
3%

48% Jan

3

*71

14%

45% Feb

97% Jan

20%

20%

20%
72

3%

Int'l

4

20
72

*18%

Int

11

25%

20%

5

Inc

36% Jan 23

3

*25

—1

Foods

212% Jan

21

25%

Hussman Refrigerator Co—No
par

5

Jan

200

*24%

Hunt

14

Jan

200

531/2

25 %

Hupp Corp

18

42

40%

*523A

9

41% Jan

130% Jan

3

23

:

*40

53%

123%

7

90% Jan

3

27

403A

*523/4

5

41/4 Jan

25

123%

*40

53 %

19 % Mar

34% Mar 31

8

31

*123

403/4

*52%

*19%

10

common—

preferred

17% Jan

4

3,300

*40

*122%

20%

103

153/a

74Va

20% Jan
3% Feb

171% Apr
,v
18% Jan

16% Mar

1023A

74Va

40 3A

73%

•

2,600

52%

243A

20%

470

20%

523/4

*40

53

*72

73%
103%
15 %

Corp.:———No par

noncum

20 %.

*103
15%

Hudson & Manhattan common—100

88% Jan

27

96% Jan

109

20%
*72

-

1,000

36V2

20'A

5

& Sons

conv

24%

22 %

22 3A

*36

1
—_—

preferred—.

Oil

25

3/4

11

94

2

12% Aug

6

25

,

*52%

123

*122

393A

393/4

53

98

*243/4

123

*122

40

200

75

*122%

123

40
*52%

2,600
;

213/a

37

123%

*122

100

common__No par.

% '/o

30%

22 3/4

223A
*36

74%

13% Mar 19

20

160% Jan

20

1

22 3A

75%

231/4 Jan

4

14

31

37

14%

29% Jan

7

363A

56

51% Jan 19

4

22%

36

*96

14%

160

30

23

36

98

55%

'

Jan

188

10

Jan

45 % Nov

96% Dec

Jan

*223A

■

37

*96

*10%

92% Jan 22

4

*96

98

11

8% Jan

8

800

98

*96

30%

56

38% Mar

28

150

30%

30%

553/4

63

20

Jan

90

2

231

Feb

30%

*30%
i

22%

22%
*36

871/2

*10%

8% Jan

20

23
37

30 3/4

*85

X14 3/a

52

19% Mar 18

3

20% Feb

25
30% Jun 29

8

441/4 Mar 12
24

6

15% Jun 28

81

Feb

155% Jan

29% May 9
101% Feb 23

159% Jun 26
10% Jan
2

*22%
*36

20 Va

*291%

87%
30%

55%

48% Apr

21

98

20%

30%

55%

6% Mar 28
x53

92% Sep

199 % Jun

.

*96

7,700

20%

*86

55%

7% Mar 25

.

8% Mar

12

2

98

*96

30%

%

14%

6

23

30%

10
900

6%

20%

87 %

55%

100

x47% Jan

*30%

30

*86

*10%

8

36% Apr
45% Feb

2

53% Feb

30%

30%

*30

86

86

6 3/4

1,503

30%

20 3A

30%

*30

preferred——.100

40

3

86

Hudson Bay Min & Sm Ltd—No
par

9

Jan

*85

20 3A

21

20%

87

Hudson Motor Car.

54% Jan

11% Jan

28% Feb

30%

21

30%

*85%

74

4

96

15

Jans

47% Dec

21

30%

21

*30%
.

76%

Highest

37% Apr

8

39% Nov

45

10

20%

600

6

5%

6%

14% Mar 31

Range Since Jan.

Highest

33% May 15
51% Nov 24
93

10

stocks

1951

Lowest

10

6%

6%

75%

Range for Previous
Year

10

7

76%

Howard Stores Corp
Howe Sound Co.—

30

12

4

17% Jan 31
3

84% Mar 20

64% Jan

Mar 28

12 % Feb

14

2% July 30
18 % May 15

55
J

•

10

6%

7

75%

—

4

2

10

6%

76%

4% preferred
Houston Light & Power
Houston Oil of Texas

22

Oct

10

Household Finance common..No
par
;
3%% preferred
100

Mar 25

21% Jan

10

7

76%

•

4

Jan

10%

6%

21%

18

Apr

10 %

7%

5%

23'/2

23%

233A

23%

6

21%

IIoudaille-Hershey

21

94

84% Nov

50% Mar 15
5% July 18
12

35% Jan
44% Jan

10%

7

10

Hooker Electrochemical Co
$4.25 preferred

4

4

*10

—25

preferred—-—

10

4,000

37.

*5%

5%

5%

21%

(Charles E)
Holland Furnace Co

Mar 23

41% Jan 30

24

Apr

75

54% Apr
4
17% Dec 29

•

*36

5%

21%

Honolulu

13% Feb

36

Hires Co

29

88% Jan

'

1

107% Jan

22

Jan

36

6

21 Vo

Homestake Mining

101

Jan

15% Feb

37

23%

21%

2

Jan

*36

5

preferred—

1

62

37

.100k

38% Apr
69% Feb

2
2

20

*36

Co common——-25

Hollander

55% Feb

23%
36%

—15

common—

170

142

23%
5%

'—100

preferred

conv

*137

1,600

33

142

*21%

5%

33

1

_

Holly Sugar Corp

5P% Jan

34

2

20% Apr
1
29% Mar 21

19

79%

*137

23%

1,900

104%

333/a

142

23%

23%

*23%

33%

*137

142

79%

*35%

Inc

11% Jan >1:4

9
4

11% Jun 29
30% Jan 20
84

8

July 30

'69

26

18% Jan
x26% Jan

*138

*13 'A

*104 %

36%

Heyden Chemical Corp common—1
3 % Vo preferred series A
-100
$4% cum 2nd pfd (conv)-No par
Hilton Hotels Corp*
5
Hlnde & Dauch Paper Co—
-.10:

11% Mar 31
21% Mar 10

Mar 20

8
23

142

32%

13 Vo

80%
104%

*5%

preferred series A——50
Hewitt-Robins Inc.——
——5

5

Jan

*138

33

7,200
'

13%

13 Va

80%
*104%

*35%

Glass Co

W)

32%

32%

13.%
80 %

105

105

105

213/8

4

14

21

18

20% Jan

*23%

793A
*1043/4

200

31%

1

common

common--—-—

non-cum

5%

26

16% Mar

10

;

142

13

79%
105

*30%

50

Hershey Chocolate

7

Jan

*138

79%

Hercules Powder common—No
par

7

107% Jan

Mar 19

10% Feb

9

42% Feb

July 2
42% Jan 11

74

14

22 % Feb

52

4
15

14% Jan

28% Jan

3

Dec

/

Jan

29

25"% Mar

17% Nov 23
26% Oct 31

24% Jan

71

Marx

&

79%

'

—No par

16

26% Jan

—100

preferred

(G

1%

42% Feb
7
53% Mar 26

23% Mar 20

6

4

28% Sep
26% Aug

!

Hercules Motors.——

5

124% Jan

com—No par

Corp

(H J)

Helme

21% Mar 31
x78% Mar

Co

3.65%

11

36

27

32%

Mfg

14

1

20% Jan

94

96

33

Industries

Heinz

4

32%

Refrac

Hayes

22

93% Mar

*104%

Hayes

33% Jan

X30% Mar 20

105

preferred

3%%

13%

13%

13%

79%

Schaffner

Hazel-Atlas

*13%
*104%

Corp of America

% Vo

/

16%

100

preferred

Hecht

5

3

Nov

4

30

24

21

Nov

6%

32% Jan
2
86% Mar 12

Jan

47%

Co $4.25 pfd—No par

(M A)

Harbison-Walk

23

18

23% Feb

14

69

Jan

40% Feb

Dec

104

84

31%

47'A
*16Vo

preferred

conv

3

29% Mar

8

9
20

37% Nov
49

"

4%
Hanna

10% Mar 20
7% Jan 26

2

Nov

120

8

Mar

41% July 13
106 % Jan 31

22

Oct

17% July
62

Mar

97

13

19

Mar 28

3

37

*30%

„

(W F) Printing Co
—5
Hamilton Watch Co com,—No par

23

17

25

Cementing___5

Hall

Feb

76

2

Water

Halliburton Oil Well

102% Jan

Oct

36
6 %

Feb

Hackensack

154

27% July 2
143% Dec 11
22% July 2

x9% Jun

Feb

15% Mar 13

15% Mar 14
84

10

X5% Dec

44

107% May
1
34% Oct 17

11

Dec

31% Apr
4
50% Jan
7
47 % Jan ■ 3
13% Jan 15

30% Mar 26

9

30% Jan

see page

26.




105% Apr

4

4.50%

preferred

—100

*99%

101

*104%, 105%

*92

*99%

*104%

94

101

105%

*93

*99%
105

101
105

*99%
*105

.

"

*93

95

20

230

Volume 175

Number 5105

.

,

«"•?

Range

Year

Jun

Range

Highest
-

29

75% Feb

63

Sep 21
15% July 20

8

70% Feb

11 Va Dec 26
/' 28
Jan
5

15% Feb

3£% Aug

6

12
23; ' Dec 31
Jan

Jan

9% Feb

28

15

14

Nov

4OV4 Feb

'49% Oct 31
29

50% Sep

20

Dec

18

:/108

20 V4

110

'27% Aug 27

,

,.19% Jan

2.

10

47% Sep

*

56% May

7

6% May 24
5% July 9
22; Dec 26

v

11V2 Jan

8

u

,

_

17

4

11% Mar

9

45

25

/•:

54

15% Feb

.

•

*66

173/4

17%

17%

17%

173/a

17%

175/a

10%

10

10%

10 Va

10y4

10

10%

*10

331%

34

34

34

*33 Va

33

33

32%

32%

77%

78% *

77%

78'/a

2,300
18,200

45%

473/a

45%:

46

42,500

20'A

201/4

20%

-

20%

1,600

46

46

46

■

46

2,100

33 Va

34--

-

21% Jan 17
Jan

8% Jan

t

'

2 i.

79%

911

14

Feb

19.

1% Apr

0

,.

2

18

2 Va Jan

4% Apr r 4
70% Feb

5

25

•

27

8% Jan

2

Oct

16

36% Jan

3

158

Dec

22

184

Jan

23

66% Jan
160% Jan

39

Jan

2

69

Oct

5

40% May 29
15% Dec 28
37% Jun 29

49

:

.

18

3

2

9.

Feb

Lehn

46 Va

64

7

723/4
-96 V4

96%

*951/4

35%

35%

29
18

481/4 Mar 28

Link

16% Nov 21

13% Mar 17.

153/4 Jan

4

Lionel Corp

41 Va Jan

46 V4 Mar 17

Lion Oil Co

27

51%

51

331/a

19;

Feb

13

25%, Oct

2

17% Feb

14% Jun

14

Nov

23
2

47% Apr

27

2

15% Jun

9

20%.Feb

9,

27% Jan

27

71V2 Jan

v

22

7

19% Oct
28

•

25 % Jan

28

170

26% Nov
Dec

1

181/4 Jan

4

Loew's Inc

261/4 Jan

8

7

2
2

; Jan

3

154

33

Jan

9

.37

52% Feb

20

5

Feb

19
6

10.

•

2

24

Jan

Lorillard

Apr

7%

1

*170%

30

2

8

*20'/4

Range Since Jan. 1

*74

Highest

Lowest

5

20%

20%

24

24

23%

23%

37%
8%

37
; \, 8%

170%
56

,

:

8%

68%

5,300 i

56

56

48

47

47%

20

77

72%.

72%

100

20% »■'

20%

20%

38%

13,700
23,600
9,700
2,000

16 Va

25,000

14

43% "

20%

20

19%

19% /

72 %

*72%

77%
20%

20%

20%

20%

20%

:

1,600

14

43 V4

20

14
43 Va

*

:

;

12,100

1,400

16%

16 Va

16%

16 %

16%

161/4

16%

16%

16%

16%

16'A

16%

25%

25%

25%

25%

25%

25 Va

25 Va

251/4

26

25

25 Va

25%'

39%

39%

38%

39

38%,

383/a

38%

38%

39%

39%

38%

V

16

16'/a,

16

16%

16 Va

16%

16 %

16 Va

16%

C

106 Va

105%

*

'

1,600

13%

14%.
43%

20

77%

.

42%

14 Va.

42%

20%

1,100

57

14%

*73

140

170%:

48

43%

20%

20%

300

68 V4

170%

Z

14%

;

5,700

67%

;

42%

77

17,100

8%
38Va

*56

48

*47%

3,300

37

8%,

*105%

*105%

106 V*

*105%

23%

23%

*

106 %

23%

106%

105 %

23%

23%,

23%

/

.

23%

23 Va

152 Va

152%

152%

152 Va

*151%

153%

36'A

36%

*36%

54%

154

55%

54%

55%

54%

28%

29

29

29%

28%

153%
36%

36%

56%

55%

56%

& Sons Inc com—1

29 Vi

29%

29.

29%

28%

29%

95%

94*

94

*94

43%/

41

42

41

*94

100
1Q

*94

95 Va

42%

42%

42%

;

„

/

,

:

LOW AND HIGH SALE

<

Apr. 1

Mar. 31

Mar. 29

Par

.

41% A;

36%.-Z

>

94

95%

*41%

36%

600

54%

5,900

28 Va

*36'A

3,700

-

95%

40%

30

41»A

*94

94

42%

1,800
Sales for

Friday

Apr. 3

the Week

Apr. 4

Thursday

Apr. 2

.

200

:

PRICES

Wednesday

Tuesday.

Monday/:)

Saturday

STOCK

80

15,300

23%

36%

.152

152%

*

'

105% 105%

22%

Va,

152%

*152

>

16 Va

16% V

105% s

23%

23

.

2,600

„

*37%

171

171 i

5,6%

56

48,

36%

8%

.

68%.

683/a
67%
*171
/ 171%

•

-38%

*37%

^

38

V

37% "

36%

f/

37%

; 8%,

.

57%

47%

2,900

16

8%

.

400

4 Va

%

so;

36%

38

13,900
1,700

1%
14%

4

,

15%.

15%

;

1%
14%

5

79%

24

38:
68%
171%

1%
14%

15%

15%.

38

18,200

79%

23%

-

3,000

17

15%

16%

.

24

16%

79%

"

20%

20%
-*73
-

43/4

24%

16,,

5,400

8%

23%

'•

;■■■'*

79

24

.

'

»

%"

93

1%
Z *4%

-r

1,200

.

14%

1%
15

78%

*22Va

'

17%

4%

79

55%

EXCHANGE

Highest

*4%

700

.

22%

,./
8%'

14

-43%

78

24

3,400

64%/ 64%
*91

8%

4

16%

14%

78%

"

93%

3%
23%

1%

1%
15

36'A

YORK

NEW

*

1%

"

17%

17 Va

15

'f

24

'

13 Va.,

*47%; 48Va;
24%
24 Va

,

24% •

;

*91

8%

.

48 %
•

44%-

14

-

20%

■-

17%

68

47%■

1

.

24

38%

48

9%.

8%
24

*47%

.

93 %

"

*91-

93%

24

/'

400

1,300
1,100

22

12%

221/4;

57%

"

13%

50

6 Va

Va'

22

22%

17 Va

68%' 69
*170% 171;

14% '
44%

13%

6

6% :••

22%

8%

57%

14 Va

8%

22%

*6

22%

,

56%

STOCKS

•

8,900

22

36%,

preferred series A

4%%

,

8%

8%
22%

6 Va

6%

8%

;

Va. 1

8%

8%

21%

.,55%

Lukens Steel Co

Jan 30

2,800

1*36%

4

,

(M)

Lowenstein

943/4 Mar 24
50

%

22%

>'

48%

s

*48

/

10
100

Nashville-—:;

&

33

-5Q

preferred

Louisville

8

32%

65%

-

57%

/. 44%

•

-

8%
*38

171%

*56

•

par

Cq comnaon-

33V4

65%

V

68%

TtQuisvUift Gas & El Co^Ky)—No par :

Mar 19

4

39,1/2 Mar

(P)

32%

32'%

V

24%

*91,

37%

37%

/•:
-

38 V«-

68%

pfd series A———100

.5.25%

Mar 28

57% Mar

24'% Feb 20

913/4

1951

Lowest

Jan

Cp-I-—No

Long Island Lighting

1,500

65

^

16.%
24

—23%

-

8%-

;*37%

Long Bell Lumber (Md) A—No p?ir

161/2 Apr
2
106% Mar 14

143

53% Oct

Year

37%

/

79•

16%

23 Vr

8%

—No par
1Q

,

1,900

50%

24%

5r *

5

37

r

Lone Star Cement-Corp—^—:

43% Feb

35%,

507/a

48%

%

15

78

16%

■i.

-._1

Lockheed Aircrait Corp--

28

30

Jan

Feb

Range tor Previous

Jan

16

21

17

2

24 /

3

103

18

30 % Jan

13

35%

511/4 >'

65

1%

1%

78 Va

16,%
/ 22%

-

17%

5

*4%

Liquid Carbonic Corp com-—No p^r
3 %'%
convertible preferred-—100

2

Feb

Jan

13

7

Jan

35%

13%

17%

15>/a

95 V4

72

96

24%

'r"i

24Va'

l7/a

7,300

*47%.

93%,

15

78 Va

No par

14 Va Jan

Jan

-

*91

17%

90

45%

35%
50%

12%

22%

8%.

1%

!,

45%'.

*951/4

-

24%
66%

22%

24 •:-'"

15

*71%

45%

353/4
51
325/a

-

48%

*65

*22%

"

93% "

17%

:

—2.50

23% Jan

39

29

2.2%

72% ;•

455/a

95%

6%

12%;

65%

-

-

j~5

——

(The)
l—1

65

65%

72%

72%

23%

23%

200

*18%

-

*47%

49%

23%

2,100

19

19

19

-

13%

Va

13

12%
*47%

100

/

23'A

22%

'

•

113%

*112

23'A

1,200

-34

95 'A

22-

21%

'

2,800
i,900

10'A

45%

8%

*6%,

6

22%

8%

._10

37!

35; SeD
59% Feb

30 V« Jan

48% Jun

22
X75

;

27 V

16 Va Apr

4

May 28

102'
13

Belt 'Co

8%

8%

6%

>

300

17%

17%

114

23

67%

35%
-so3/!,,

51% ,:-'r.

32 3/4

8%"

*1113/4

68%

%

95%
7

33

*50%

•32%

'

23% Sep
x81

9

45V4

;

,

45%

35%

23%

-

—

46 % Apr

19

73

•35%.

*22 Va

65

'*91-

-

Liggett & Myers Tobacco, com—25
7% preferred
1QQ
Lily Tulip Cup eorp——__No par

4

23

*18%
72%

453/4
96 V

23%-

*22%

—_i_5

*223/4

*

'

—1.7'*

Life Savers Corp—

*72 %

-45%

114

19 Va

723/4

44%

20%

45%. "45%

-

•

•

471/a

203 a

-

1

,

223/4

"

No par-"

Corp—

112

223/4

19

'45%

•'

;■

781%

*1113/4

*18%

23 V2

19

"

5

Products

Hhby-Qwens-Ford Glass Co
Libby McNeill & Libby——

1

Jan

Fink

&

112 "

113

i

23

v

77%

.«-■

203/4

45%

12

—1

(The)

Lerner Stores

13

171% Apr

15/

Jan

Jan

38; Jan 29
2
'71% Feb

s

Mar 10

43

•

37% Mar 29

r

Jan

3

Lehman Corp

;16% Mar 28

•

x33 %" Feb

55,

23

"80% Mar 17

21% Mar 14

9

5% Feb

•

21

13% Jan

4

17% Jan 29

47%

203/4

45Vz

112%

49% '

4

Lehigh Goal & Navigation Co_
1Q
Lehigh Portland Cement
:—25
Lehigh Valley RR
—No par
Lehigh Valley Coal common——1
$3 noncum 1st, preferred—No par
50c noncum 2nd pfd———No par

6

10

46%'

-

33%

-33

--

783/4

21 Va

6Va

23

preferred.—_I———:—100'

3.85%

4
.;

i-

.

33

47%

8%

*12%

Rubber & Tire_—r—
Lees (James) & Sons Cp commonr_3

17% Mar 31

4

.14% Apr

Oct

Jan

9% Feb

34

78%

•

45%

*47%

Bryant common^...'—No par
4%%; preferred.—_i——
5Q •
Co i——
rl--

11

25% Jah

2

10% Feb

par.

Lane

30

22% Feb

22

17

-•

J—No

-

32%.

33%

1

.j

%
*33%

20%;.

22

22

'

Lee

79

93

6

72% Jan

39

17% Jun

7

48% Feb

pldr75 Pesos Mex

(The)——-

Co

3

2

Dec

68

67'/4

46 V2

461*

8%
6, Va

;_4

Cor—

Lane-Wells

22

8% Jan

Lambert

243% Jan 30

26

70

21

13% Jan
a

Jun

143

,

2

66

20% Dec

;

Jan

23>/a Jan 21

73% July 5
•17% May 17,
27% Sep 20 ,'
36%, Aug
7 •

2

24

7

Jan

23
-

/

Jan

3

'

2

12% Jan

4

10

88

.

15V4July20
4% May 2\T

July

Jan

»

35% Mar 10

Jan

•

26% Apr 19.

_

1% May 12 ~

>

15.

11% Jan* 18

8% Jun

17 %

:

39% Jan .; 5

61V» Mar

16 r

100% Feb

7

Dec

4

{

20 Va Jan

9

;

25% Feb

-

1

33% Jan

96% Mar

4

21% Mar 19

6

11% Jan

21

La Consolidad 6%.

28

20% July 11'
-30%-Jun 29
8V4 Nov 23
•

10

-t

Laclede Gas

21% Sep
72% Oct

65 V2 Jan
-

497/a Jan

;

7

;

68%

*66%

33

Corp—.

9

14% Feb

-

Feb

*

prelerred

2

51% Feb

Jun

30

Jan

x76

-

20%
;45%

68%

67%

-78%

(cum)_—100
*111:
114
1
1 > 227/a
22%
Kjnney (O R) Co common
_li
*18%
19-• $5
prior preferred—l--No par, ;
*71V2 72%
Koppers Co Inc common——
10
45
45 Va
4%
preferred
.
^—:
100 *95 %
96'A-■
Kresge (S'S) Co———
—10 $'% 35%
35%
Kress (S H > & Co_ J———No par,
*50%
51
;
Kroger Co (The).——No par
■* 33%
33% i
cuhv

4 va

King-Seeley

7% Feb

2

;

./•

26

7

20 V

,,

-r

12

■

8% Jan

2

21% Aug

I.

2

Jail

237/a Jan

,

•

Kimberly-Clarke. Corp^.—.—No par

8% Mar 13

28

8

114

1,

6Vb Mar 27

.

Jan

Z

17

68%,

*86%

101/a

W

79;
48%
21; j

78
' *47 '*

Copper———.——No par

2,000

68%

66 Va

<

,,

33 V\

33 'A

-

Shares

683/4

66%

17%

66%
17%

>10Va
IOV2
*33%/ 34

~

1

r" vJ *
4JiVlid Co^.——---,.2.50
Keystone Steel & Wire Co^.—No par

mar ty

49% Jan.,29

50% Mar 25
31% Jan 25

-Mar "11*

28% May

56.
Jan
2
19'A July 27
87Dec 13

/.

48-/8

22% Jan

5

35,; Mar

16 % Jun
v;

Kennecott

1——-r-5
A_(-l

—

the Week

Apr. 4

68%

-66

-

Dec

9

.+

42 V2

26

1

27

93%Jan
-5

9

39

May

Mar

.

.42% Feb

Nov "26

..

Class B

Apr. 3

66

69

.68 Va,'

t>6J/a,

*66
*17%

Kelsey Hayes Wheel conv class

19

„

71% Mar 19

13

Jun 25

51;
32:

i

Kayser (Julius) & Co

19

3

18% Jan
<

.

,

14

34% Jan
92 Va Jan

20

Apr

21% Feb

80 4, May * 4

24

12 Va Jan

68%

.

Apr. 2.

Apr. 1

Friday

Thursday

Wednesday

Tuesday

Monday
Mar. 31

Sales for

HIGH SALE PRICES

LGW AND

;

^ •

■

Satpr^a*
Mar. 29

Par

.34% Jan

,
.

43% Feb 21

91Nov * 29 t. 103 t Feb-134,
36% Jan -5, V-y42., Sep 21 ;■».

1
*

15

i

•
.

City ooutuein cqm—No
4% noncum; preferred-:
100
Kansas Power <5z Light Co_
8.75

22

18 Vi Feb

31 / Jan
3
75
Mar 26

25% Jan

107% Dec

72

67% Jan

2

31% Jan

.

36

,6

'6 1'

v

*

EXCHANGE

Feb

19

-s ■

»

,

«TOCK

Kansas

Ma,r 31

16% Jan

66

1

25

/

-17% Mar 20

/

69
"

88%

19% July
3
42% Mar 15

,

5

33 Va Oct

2

VbPK

1

Highest

Feb

-34% Oct

2

67% July

62

24 ,/

17% Mar

,

:/ 24 Va Jan

Since Jan.

Lowest

21

NEW YORK STOCK RECORD

f

STOCKS

1951

Lowest
57

i ,'C

*

Previous

for

(1449)

The Commercial and Financial Chronicle

.

Sharea

M
13% Nov 29
37% May 17
128
14

Jun

Jun

18% Mar 19.
Oct

46

21

42% Feb

26.

203/4 Feb

29

14% Mar 15

17

15% Jan: 25

41

10:

44% Jan

Mar

7

129% Jan
15

Jan

4

XI3 3 3/4 Mar 26

22

28

14

17 Va Jan

28

Feb

2

283/4 Mar 19

31% Jan

30

103% Jan

30 % Dec
87 Va Dec

2

87% Jan

90% Jan 2&

38

7% May 21

10

9

July 14

Jan

13

9

8

Jan

2

9

123/4 Jan

11

Feb

25

42 Va Oct

17

32% Feb

20

12 Va Jan

2

18% Oct

15

16% Jan

3

Feb

28

490

Apr

4

14% Sep

4

10

Jan

2

Aug
9% Nov

24

7% Dec

31

573

6

12

19% July 25
7% Mar 23

Jan

16

Feb

13

515

■;

I

Mar 25

—L—„No

Jan
8
213/4 Jan

30

RR

Co__—

Co

Sugar

29% Jan

28

11% De<r29;

11

Feb

6

123/s Jan

24

56

Nov

28

52% Feb

25

57% Jan

22

July 19

5

Jan

3

4% Jan

31

4% Jan

19

Market St Ry 6%

25'/a Feb

4

26 Va Nov

8

20

38% Feb

5

243/4 Feb

•<■■■•

26

l<7

27 Va Jan

3

12% Jan
33% Jan

2

20% Feb

18

29

Jan

10

413/a Feb

49% Sep 20

27

104 Va Jan

29% Nov

21

35

Sep

3

29% Jan

25

12

87

Jun

29

101% Feb

87

Jun

28

101% Mar

78

Dec

28

91% Jan

31

13% Jan

lo

16 Va Feb

23

43 :

Jan

17

49% Apr

15% Aug:

2

27

20%

Jan

4

26

42

Jun

28

16% Jun
91

26

Dec

19

45% Jan

2

35

July

3

88% May

15

Mar 31

4

45 % Jan
•

.15% Jan

18

47% Mar 13

15% Mar 12

17%

Jan

16

26,

Feb

16

43

Jan

29

19%'Apr 27
106% Jan
8

16

Feb

5

89% Jan
55% Mar

20

38% Feb

7

5

17% Mar

14

98

5

66% Jan

1

39 Va Feb

26

Oct

4

23% Jan

44

9

Jun

31

19

32VaOct

4

100

Mar 20

22% MLay 25

26 Va Jan

16

14

13

Mar 22

83% Apr
'46

7

Mar 28

60% Feb

20

72% Oct 26

19% Jan

31

233/8 Mar

28

27

25

Mar 19

85

Feb

3

23% Jun

Mar 20

94

14'/a Jan

19

42% Dec

2

94

42

45

20

32% Jan

2

4

4

xl4% Dec

111% Mar 26

2

44% Jun

29

4

10

3

60% Dec

2

Jan

79

>

16

'

7

9Q% Jan

7

Feb

37% Jun

July

90 % Jan

21

Apr

493/4 Jan
22

Apr

3

Jan

28

26 Va Jan

7

14% Feb

28

15% Jan

21

24% Feb

27

28% Feb

2

2

16

47% Jan

9

50% Mar 12

28% Oct

2

27

22% Feb

9

39% Sep

13

163/4 Mar 28

18% Jan

28% Mar 26

82% Dec

27

101

Jan

12

Oct

27

18

25

13

21% May 24

4

Jan

22

-92

Jan

23

23% Apr

2

28% Jan

2

2

14

93

Feb

"93

Feb

72% Sep
22% Dec

12

18

Jan

2

39

Jun

29

131

Jan

3

31
5

48% Feb

Jan

8

68 Va Jan

10

203/4 Feb

39% Jan

243/4 Jan 29
813/4 Jan

14

23 Va Jan

42% Mar

4

28

13% Nov

4

Sep

&

Inc

Co.

19%

Mar

Machine

Co—

2

102% Oct 29

563/4 July 17
117:

Sep 21

453/4 Feb
107

Mar

14

3.85%

preferred series—,

preferred series_

100
100

Mid-Continent

4

Midland

3

3

112 ^ Jan

22

93%

93%

*93%

941/2

85

85

85

*84

85

14%

14% 1

*47%

93%

*93

85-

85

84%

*84

84%

16%
*24%"

16%

16%
*24%

25%

421%

42 Va

*42 Va

42%

*42'A

42%

42%

16%

16%

16%

16%

16%

16% ;

16%

16%

16Va

16%

•./;

25%

24%

25

*25

-V

42%

'

*97%
57%

8%

Petroleum—

Utilities Inc

Steel

Minn

1st

Prod

common

St

P

COrp

& SS

Marie

$3.75

cpnv

57 y4

57%

57V4

57%

57%

57%;

43%

43

43

42 V2

42%

42%

42%

25

/

■

24

14%

14%

"

*49%

17%

*17 Va

30

*30%

25%

*92

24%

17%

24

*91

24%

25

92%

92

*113%

24%
*92

24 Va

*16%

Va"

50

23%

14%

14 Va
50

50

17%

footnotes

see, page



m

14%

500

24%

24%

24%

4,500

92%

*91'A

92%

,

20

23%

23%

4,900

2,000

14'A

141/4

49 'A

491/4

17%:

16%

16%

800

29%

30

29%

28%

28%

11,900

*91 ¥4.

30%

*25%

25%

*30Va

30%

23%

•

14%

28%

94%
30%
-25%.

48%

48%

48%

31

31

31%

24%

24%

24%

25

*94%

95%

*94Va

*103%

104%"

104 Va

104 Va

no4%

105%

il

U

47%

*47%

95Va

*92

94%

*92

94%

*93

94%

*93

*92

94

*92

94

*92

94

*92

22%

23%

106

*104%

94%:

*93

94

*92

22%

'1,100

137

138%

138 Va

40%

Llo

24%
14%

*40V2

40%
137

*135

*24%

25

41

137

137

2*

24%

14%

14%

24%

24

14%

14%

14%

14%

14%

14%

-No par-

preferred—100

403/a
*135

25%

18

18%

18

18

18%

17%

17%

18Va

17%

18

*17%

No par
—

ill

25 Va

49%

49%

49

50%

50%

49%

49

49%

49%
*108

49%

50

109

"

109

109

*108

14%

14%

108

109

26.

i

—

108%;

8,000

40%

21%

41

22%

407/a

73%

21%

135

94

41

73

21%

25%

*92

13,900

75

22

41%

94

73

72%

137

94%

21%

75

25%

10

*93

21%

73%

*40%'

30

*104%

94%

74%

74%

*135

400

95

106

21%

73'A

5

48'A

"

73 Va

10

22"

*94

21%

23

21%

*47%

106

45,300

72%

23%

;

48%

600

%

hi

22%

23

22

"

700

3,203

22%

22%

23%

22

.

95

95

*104%

%

1

70

93

1141/4

31

47%

48%

95%"

114'A

114%

A

48%

94 Va

*91'A

94

*91%
114

114

114

114%. 114%

*

""

24

23%

14%

■At
For

14%

50

30%

25%

14%

*92

14%

*491/4

;94%

25%

1,000

14%

43

*17

28%

25%

3,200

25%

82'A

*49%

*92 JA

<„

4,800

*25%

83%
42%;.

17%,

30%

31

831/4
43 Va

25%

50

93%

*30 Va

t-

400

17

114%

30

■

17%

114%

94

24

141/4

14%

50

60

1,500

42%

24%

23%,

24

*42 V*

*25%

92%

*92

92%

*91'A

30

114%
31

25'A

*477/a
•

58

97 %

92

/

57 V*

2,400

971/4

58

14%*:

130

I6V4
97 v4

57

*42%

700

43

16%

97%

43%

24%

17%

*97%

2,000

161/2

24%

*42Va

98

16%

17%
98

22'A

Minneapolis-Honeywell Reg——1.5o
;

*97V4

98

16Va

577/a

24%

100

——

48 Va

*

98

14%

No par

preferred--—
Oil

*97%

17 Va

TP/a

800

14%

*47%.

42 Va

25%

40

30

14%

48 Va

600

3,800

31

31

16%

251/4

42'A

*47%

5

Copper

Middle South

.53% Jan

93%

94%

93%

i-nCVa
24%

•

41% Jan

93%

*93%

93%
85

48%

—5

3.80%
Miami

7

8

94'/a

94%

14%

Mergenthaler Linotype Co_t_No par
Merritt-Chapman & Scott
12.50
/Rights "when issued"—

Minneap & St Louis Ry__

.

94%

*47 Va

16%c

common.

22

5

*93%

14%

$3.50 preferred ——?.—_No par$4 conv 2nd pfd
No par

15% Jan

26

17 Va Feb

94%

48 Va

14%

Midwest

133/4 Feb

31%

*93%

14%

1st

4

9

31%

94%

*47%

*49%

(The)

convertible

22

21

31%

*93%

24%

30% Jan

213/eFeb

31%

94%

25

138% Apr

21% Sep

31%

*14%

2

8

31%

*93%

14%

25

13% Mar 28

*111 Va

31%

25%

Jan

133

111%

31%

14%

23 % Jan

142

Ill'/a

31%

14%

.,

4,200

111%

111%

48 Va

preferred—50
Mercantile Stores Co Inc
3%
Merck

*110%

14%

common.—^—.**1

5%

23

Jan

111

111

*47%

McQuay Norris Mfg Co___

5

91% Feb 20

110%

47%

*25»A

29

20

110%

48

14%

105% Feb

91

48%:

46%

47%
111%

■M 47.""'/

25%

3

3

2,900

46%

11,100

47%

47%

48%

14%

Jan

2

"18%

25'A

108

21

31

18 Va

47%

15

18

Feb

30%

18%:

26

Dec

23% Oct

31%

18%

25%

101

94 -*■; Oct

31

18%:

25%

Metropolitan Edison 3.90% pfd—100
4.35% preferred series
100

1043/4

30%

18%

*25%

Mesta

7

30%

18%

1

11

18

30%

18%

81%

11

Dec

1L

30%

18%

42%

98% Feb

Nov

11

30%

42%

% Apr
54% Feb

16% July 2
53% Mar 15

11%

18%

81

—1

2,700

30

42%

'

15,300

llVa
11

*11

791/2

Corp

140

92

18%

43

2

87

11

81

92 % Jan

92

z 10%

11

79

46% Mar 27
101

11%

10%

42Va

10

1

11

11

43%

24

Aug

11%

81

Jan

3

11%

43

104% Jan

-

*91 y4

79%

14

56

92

43%

Dec

2

93

92

80

Shoe

600

93

43%

McLellan Stores Co—

600

6,600

26%

.92%
11%

12

55%
4Va

4%
26%

11

5,100
9,900

26%

4%
26%

92%
>■

•5,000

:

26'A

*4%

26%

/"

-100

20%

4%

26%

26%

79%

Inc

11%

*54%-

.*4% '■/ 4%

4%
26 Va

*42%

& Robbins

Mengel Co

12
56

11%
*55:

56

14%

Porcupine

McKesson

90

473/4 Apr

12

4%

48 Va

•

■h Apr

31% Oct 17

ll7/a

;/. 56

-18

Mclntyre

2

33% Jan

56

Publishing,—*—No par
Mines
5

McGraw-Hill

Mar 18

12i:

26

14%

■

29% Mar 19

84% Jan

7

35%

1133/4 Mar 27

26% Jun

122% Sep
33% Oct

113

McCrory, Stores Corp common—50c
3%% convertible preferred—100
McGraw Electric
Co—1

8

14% Apr

9

25%

.

Feb

8

26%

,*14%
•

Melville

64

26%

30%

*84

par

15

21% Feb

26%

11

*111%

par

14

27

11

26%

'

47%

par

McCord Corp common,.—i—-.
3 ;
Preferred.- ——50

11

11

par-

Jan

94

26

Feb

pfd—*—No
Maytag Co common.———No
$3 preferred —No
McCall Corp
——i—No

*6%

*20%

11%:

30%

*31

$3.40 cumulative

6%
20%

10%

200

U

Va
Dept Stores common—
5
*03 %
,/"-/-//,
d
,...No par
....43,47 gerjes-Nopar-/; :/*93

25% Jan

13

26%

67/a
20%

•

*18%

May

8

91% Feb

Dec

Jan

% %

—10
Mead Corp common..
—No par
4%% preferred (1st series)—100

45% Dec
18

4

Martin

23'/a Mar

:

*4%.

4'/a...

6 7/8

11%

11%
'

1,400

6%

20%

11

4,300
30

••

10%

*20 Va

11%

26%

11%
56

UVa

26

18

11%.
56%

92%

Mar 17

19
16

11%
56%

11 Va

10% Apr
-28% Feb

383/a Oct

23% Feb

*4%

prior pfd—100

26%
,

*91%

11

14% Jan
-

26%

26%

V

800
•

17
490

10%

10%'

10%

800

341/4'

'•

490

500

500

11

300

1,500

67/a

11%

11%

*10%

20%

*20%.

26%

520

*500

*6%

7

11V4

11%

4

520

10%' ■•10%

20%

92%

10

103/8 Apr

2

16%

11%

85 % Jan

18

29

34

17%

*91 %

27

21% Jan

July 17

33

17

*500

Va;.

8%
9%

*9%

33

11%

57%

9%

17%

*20%.

11%

97/a

34

10%,

300

7,500
6,300

91

8% Z;

17%

11%

26%

9%

9%

29

■

*88

8%

33;/

20%

*56

8%

17%

;*2o%

;

29

/

8%

9%
34%

preferred
100
(Glenn L) Co——_——T-1
Martin-Parry Corp——
No par
Masonite Corp
No Par *
Master Electric Co———1
Mathieson Chemical Corp com—__5
1.20%/ conv
preferred———100

105% Feb

4

103/4 Jun

*6%

7

89

17 Va

/10%

,

15%
29%

89

34%

9%

3

28

17% Jan

10%

9%

15%
29%

90%

*8%

8%

8%

15%
29%

*87%

90%

2,800

15%

15%

17%
525

*505

10%

15%

29 Va

:■

136

*134

15%

42
*41 >A
*134'/a •136;

42

'•'*411/4

OQ

16

15%
OQ

*88%

ZZ/15V4

15%

14%

14%
136

*134

35%;.

26 %

Dec

29

17 Va

525
,

/

.1*34 /

V 26 Va

Dec

Mar

9%

•

Marshall Field & Co com:—-No par,;

11

93

9%

17%

f

8%/

8%

4

83

14% Jan

Manhattan Shirt

>

,10%
"V *6%

i—No par-

Mandel Bros

7

2

20

12 Va Jan

*505

16'/a

35%;

17%

*133%

88%

>'

136

42

*41'/a

42%

*41

29%

88%

:v

9

.*34%
-

15%
29 Va.

16 Va

*9%

-

•

-

29%

*•8%

par-

136

*133%

v

89

29'/a

—10
T_1
50
1

29

9

s

136

15%

Jan

10% Feb

8

*133%

*88%

—5
Maracaibo Oil Exploration—
1
Marathon Corp
—6.25
Marine Midland Corp-—-——b
4 % %
preferred (conv)
-—50

20% Mar 19
'

13% Oct

4lVa

14%

14%

14%

145/a,

41%

5

52% Oct

"

14%

42%

No par
A——_100
Square Garderu
No par

Manoning -Coal
Manati

18

15%

*41%

100

Magnavox Co (The)———

11% Feb
,

—

Magma Copper

8

18% Feb

6% Mar 27

253/4 jan 31

39

*14%

Macy (R H) Co Inc com
4%% preferred series

dMagic Chef

5

10% Jan

•

6%-. preferred
Mack Trucks Inc—

Madison-

9% Mar 13

25

23% Jun
500

24

Working Co/
.-5
MacAndrews & Forbes common—10

M & M Wood

*108

109

*108%

4,700

140

24'/a

2,600

14%

2,100

18

2,900

49%

5,700

109

800

28!

(1450)

The Commercial and Financial Chronicle

.

Monday, April 7, 1952

:

new york stock record
Range far previeaa
Year

STOCKS

Range

1951

I«west

Since Jan. 1

Lowest

Highest

NEW

Highest

37% Feb 20

54

May

I

39 y. Mar 27

100'A Nov 30

107

Mar

7

101% Feb 2B

48% Jan
105

2

Jan

23

18 y« Jun

20

27% Oct

IS

19 y8 Apr

1

24% Jan

2

83% Jan

2

93% Fete

14

88% Feb

4

91% Jan

25% Jan

2

30% Jan

9

34% Oct 13

26% Feb

20

33% Nor

32% Jan

2

24 % Jun

32 Vb Dec

29

13% Apr U
30% July 2

7% Jun 25
45% July

2

18 y8 Aug 15
29
Nov 24

8

$4

8

36

Jan

30

Mission

6

20% Jan

22

34% Jan

2

37% Mar 24

7% Feb

26

35% Dec

8

13% Mar

8

73% Mar

0

50

Jan

16

62% Apr

1

33% Mar 12

22

Mar 20

26% Jan

18

28% Feb

1

123/4 Mar

4

9
10
0

64

Jan

15

2

107% Aug

17

Mar 28

7

14

Feb

6

18% Jan

4

29

23

Mar

21% Feb 23

18

Feb

30% Nor 20

25% Jan

May

9

19

15% Feb

28

60 % Dec

18

51

112% Jun

11

18% Jun 25

23% Feb

27

43'/a Sep 28
51 % Dec
5

49% Feb
66

108

88

•26

27%

600

34%

34%

34%

34%

34%

35

35

35

34%

34%

2,000

33%

33%

33%

33%

33%

33%

33%

34

33

33%

5,000

13,100

33%

35%
33%

490

19%

20%

20%

20%

20%

20%

36%

35%

36

35%

36%

7%

7%

7%

7%

7% preferred series A
100
^Missouri Pac RR 5% conv pfd-100
Mohawk Carpet Mills
20

7%

7%

13,000

59%

59%

61%

60%

62%

60%

61%

60%

61%

60%

27,100

23%

23%

14,900

29 Vb

Mojud

Hosiery Co Inc

Monarch Machine

Power

Morrell

Motorola
Mutui'

26

23%

25%

24 y4

24%

23%

24'/8

29%

29%

29%

*29%

29%

•29 y8

29 y4

29%

600

13 %

13%

*13%

13%

13%

13%

13

13%

*13

13%

1,100

18

18

18

*17%

18%

17%.

17%

•17%

17%

400

18

18

95%

96

95%

95%

94%

953/4

94%

95

94

94%

5

25%

25%

25%

26%

25%

25%

25%

25%

25%

25%

28%

28%

28%

25%
28%

26

28%

28%

X28%

28%

28%

28 %

28%

4,400

No par

62%

63%

62%

63%

62%

63%

62%

28'A
62%

62%

63 y8

62%

63%

11,100

5

17%

17%

17

17%

17%

17

17%

17

17 y4

17

17%

Lines

93 %

94

7,700
16,300

No par

13%

13%

13%

13%

17%
13%

13%

13%

*13%

13%

3

70%

71%

70%

71

69%

70

70y4

70%

69

70

6,000

26%

70%
26%

70

10

(John) & Co

73% Mar 12

23%
29%

13%

18

5

23%

29%

13%

No par

(The)

Montgomery Ward & Co
Moore-McCormick

5,100

23%

Tool——No par

Co

60

*29%

1.25

Monsanto Chemical Co

27

26%

27

26

26%

26

26

26%

26%

26

26

2,000

24%

*25%

25

25%

Inc

Prouucts

Corp
Corp

*13%

*13%

5,200

13%

600

20

22

Mueller Brass Co

24%

2,000

1

21

19

29% Jan

19

25

19

Mulllns

19%

19

19%

18%

19

18%

18%

18%

18%

3,000

1

28

28

27%

28 Vs

27%

27%

27%

27%

27%

27%

27%

27%

5

12

12

12%

12

12%

12

12

12

12

11%

11%

1

2,400

53%

53%

54

53%

54

54

54

54%

54%

54 %

54%

3,400

1

3

13% Jan

26

25

Feb

57% Jan

4

Jan

4

109% Feb

18

18% Feb

20

19% Jan

10

28

42% Mar 13

44% Jan

4

12

Apr

•87%

27%

25% Apr
19% Jan

11% Jan

48% July 19
107'A Sep 11

1

88 »A

*26

36

2

24'A Dec

88

26%

8%

13% Mar 24

Mar 31

88%

26

20

16 y8 Jan

2

88%

25%

37

18

14

90%

25%

7%

24

54% Jan

88%

28%

19%

2

22% Jan

91

*26%

•36%

67% Jan

7
31% Jan 29

5,800

*90

29

8%

28

57% Dec

11,000

20

593A Feb

2

19%

37%

19

23'A Nov 28

19%

7%

Montana-Dakota Utilities Co__:

40'A Jan

19%

19%

Montana

10

19%

36%

22

Mar 15

19%

7%
59%

26% Mar 12

18

19%

20%

30 y8 Jan

14% Jan

104 %

37%

3

18% Feb

*103%

7%

20

29

41%

104%

20

31

27

41%

♦103%

37%

22% Jan

2

Shares

42%

104%

91

35

par

5

91% Feb

109% Jan

42

*103%

10

x27% Jan

1

42%

the Week

Apr. 4

No par

8

Jun

11% Dec

31% Jan

Development Co
Mississippi River Fuel Corp
Mo-Kan-Texas RR com

21

12 % Nov

17% July 2
16% Jun 25

15

20

42

Friday

,

Apr. 3

*27%

1

Dec

27% Oct
29

75% Sep
22% Sep

14

8% Feb

42%

104%

19%

Tbnrsday

Apr. %

*90

25

Corp

41%
*103%

20%

20%

Sales for

Wednesday
;

40%

*103
.

Apr. 1,

104%

39%

39%
20%

Tuesday

Mar. 81

104%

20%

100

Mission

163/, Feb

2

1st preferred

17% Jan

24% Jan

13

$5.50

39%
103

common—1

$1.50 2nd conv preferred
Minnesota Power & Light Co_No

30% Jan

39% Feb

11% Jan

Mar 12

Co

Monday

Mar. 29

No par

Minneapolis-Moline

28

3

21JA Jan

Saturday
Par

preferred

18% Sep 21

16% July 2
73
Jan 25

12% Nov

37

LOW AND HIGH SALE PRICES

STOCK

Minn Min & Mfg common—No
par

11

29% Jun 14

YORK

EXCHANGE

50% Jan

52% Feb

4

8

Motor

Wheel

Mfg. Corp
Munsingwear Inc
Murphy Co (G C)

_5

common

4%% preferred
Murray Corp of America
4% preferred
Myers (F E) & Bros

24%

100

108

10

com

109%

19%

25%

*12

53%

109%

*108

18%

19%

25%

*108

25%

109%

*108

109%

24%

•108

24%

24%

*108

109%

6,300

109%

19%

18%

18%

18%

18%

18%

18%

8,900

50

*42%

44

*42%

44

43%

43%

*42%

43%

*42%

44

*42%

43 %

100

No par

*51%

53

*51%

53

51%

51%

*50%

51%

*50%

51%

♦50

51

100

20%

20%

18%

18%

n
17% July
51% Jan
31

12

2
2

Mar 15

%

Jan

79

1

Mar

37

18% Jon

20

70

27

35% Jan 23
16% Jan
4

National Airlines
National

4

2

21% Apr

21

id"/* Feb

28

20% Jan

20% Feb 20

22% Jan

4

30

32% Jan

23

Dec

6

12

35% Jan

12

184% Jan

20

2
2

14

Oct

Jan

161% Jan

2

54% Feb

4

9% Jan

2

59% Sep

14

11% Feb

24

14% Aug
7
16% Aug 14

44% May 28

2

10

6

13 VB Mar 26

Jan

25

2

9% Dec
11

Mar 13

2

37% Oct

3

28% Feb

20

112% Oct

4

103% Feb

21

15

22

Mar 20

18% Jan

,

2

53% Jan

17

Corp

National

National

22% Apr
97 y4 Mar

4

Distillers

29

Jan

29

8

33% Oct

19

185% Jan

4

165

Feb

20

172% Mar 31

7%

25

Jan

15

144

6%

Jan

8% Sep

5

9% Jan 28

30% Jun

29

40% Sep 17
34% Nov 30

25% Jan
43

2

Jun

25

25% Nov

8

21% Jan

2

83

Nov

19

Nov

20
101

7

Dec

15

14'A Jan

7

2

7% Dec 19

56

Jan

8% Jan
35

Jan

28

Feb

29

Mar 31

19

Mar 31
Jan

2

28% Mar
35

Apr

15

89

Mar

23

21% Jan

17% Sep
10% Feb

17

14

15

2

Mar 24

7% Apr

103

3
5

11

Feb

25

Jan
8% Mar

16"

4

8

4.20%

conv

4

Natl

3

Natomas

Year

14% Jan

18

10% Feb

1

18 % Feb

19

15y8 Feb

26

11% Jan

11

Jan

11

104 y4 Jan

7

8% Jan

11

13

Apr

18

9% Jan

3

10% Jan

28

42% Jan

9

38% Mar 28

43% Jan

22

90% Jan

98% Mar 20

2

Feb

7

12% Oct

24

4

12

Jan

30

Dec

27

103

Feb

20

84

Jan

2

99

Apr

2

143

Dec

6

108

17% Jun 25

23% Feb

17

74

Mar 26

Oct

2

82% Jan

24

28 3A Jun

17% Jan
71 Vb Apr

16

Jan

3

105% Mar 25

9
1

13% Mar 12.
95

126

Apr

4

Jun

28

20% Feb

4

75

Jan

7

29

383/s Jan

12

32 y8 Jan

12

173/4 Jun 25

35% Mar 20

23% Oct

17

18% Feb

26

15% Jun 25

21

26% Jan

16

17% Jan

3

46

Sep

26

34% Feb

20

156% Feb

13

34 3A Nov 26

Dec

26

15'A Jan 10
41% Jan

183/4 May 10
Dec 14

3

Jan

3

92

215

Jan

17

475

Nehi

4%%
preferred—
Nesco
Inc—

Aug

Jan

3

21% Jan 22
39% Jan

22

Newberry Co (J J)
3%%

Elec

Newmont Mining Corp

53

Jan

10

105

Jan

16%

Mar

56

Jan

29
6

3

6%
N Y

28

!

I
I

Mar 13

94% Feb

9

49% Mar 31

&

Harlem

RR

92% Dec 28
Dec

?

14%

;

12% Oct 22

18

Preferred 5%%

i

19% Oct 22

!

23

Jun

[

15%

Mar 31

26

2

98 % Dec

26

86 y4 Dec

27

43% Mar 29
19 Vb Jan
18

May

19

2

24% Jan

2

26% Feb

7

26%' Jan

2

29% Mar

5

5

76

Jan

2

83

23

Apr

1

82

Jan

3.40%

2

Mar 26

6

86% Jan

3.60 %

2

96% Mar 31

9

8% Feb

3.90%

10% Jan

14

27

26% Apr

1

46% Jan

2

12% May

2

Apr

24,900
2,400

21%

21%
94

28%

27%

28%

27%

28%

27%

28%

171%

172%

172 y2

*172%

173%

*172%

173%

*172%

173%

*172%

173%

145

144

144

144

144

*144

145

*144

-; 145%'"

*144%

146 * '

9

9

9

9

*9

*93

;'V-

21%

94

*93

*93

9

9%

21%

22 Vo

21%
*93

94

*

9

:r

27,100

94

28

70

28%

14,700
30
30

9

9

2,100

46%'

8,700

28

28

28 y8

28 y8

28%

28%

28 VB

28%

*28%

29

28%

28%

1,100

33 y4

34%

34

35

33%

34%

26,500

88'A

88 y2

88%

88%

89

89

20%

20%

20%

20%

20%

20%
101%

500

14%

1,700
15,700

37%
,

36%

...

36%

37

37

36%

37

36%

36%
*32

10

32%

33%

32 y8

34%

33

88%

88%

88%

88%

88%

89

20%

20%

20%

20%

20%

20%

*101 Vb

101%

101%

101%

101%

101%

*101%

101%

101 %

101 %

*101 %

14%

14%

14%

14%

*14%

14%

•14%

14%

14 %

14%

7%

7%

7%

8

;

8

7%

34%

7%

.
.

8

7%

8

3,500

33

14%

7%

28

Jan

29

13

25% Mar

4

25% Jan

31

24

19% Jan

2

21

19

13

Feb
Mar

Feb

6

15% Jan

2

6

75% Jan

17

8

35 y8 Mar

7

45 % Apr

7

59

5

94% Mar 29

Feb

10

10% Jan .2

16.

82

1093/8 May 25

; Jan

17% Jan
81

29

Mar 15

11% Feb

1

18

2

-88

lop*'.. Mar 18

Mar 29

105

Jan

3

103% Feb

27

94

Jan

5

16% Dec

10

99% Apr
15% Jan

4

12% Feb 20
12% Mar 19
21% Mar 19

16% Jan

31

Dec

13

24% Dec

14

35% Sep

14

30

Jan

30

24% Sep

20

20% Jan

2

7

10%

1

*15%
*105

11

11

15%

11

15%

106 %

*93%

98

•

105

105

9%
40

*96%

115

116

117

18V2

13%

*72

73

*35 y4

13

18%

33% Aug 20
110% Mar 12
99% Feb 27

*96%
12%

V2

18%

*72

9%
*38%

97%
95

12%

15%
*105

*93

115%
18%

PRICES

:

500

450

3,200

7%

V'

15%
106%

Apr. 2

11

11

15%

11

15%

*15%

107/a
157/a

16

*105

106%

9%

9%

9%

9%

9%

40

*38%

39%

39%

39%

*38%

97%

*96%

97%

*96 %

97%

*96%

9%

12%

13

12%

13

*93

116%

95

*93

116

95

116

118

18%

18%

18

*70

72

71%

72

34%

34%

34%

20

19%

19%

73

71 %

72

36

34%

35%

34

34%

20 Vb

20%

20%

20 %

19%

20

19%

20%

19%

20 y8

19%

20

19%

19%

19%

—10

38 V2

38%

38%

39

38

38%

38

38%

37%

^

19%

18

190

19%

19 %

19%

49,000

38 %

37%

37%

7,400

102%

102%

600

15%

1,600

101%

101%

101 %

101%

101%

15 y4

15%

15%

*15%

15%

*52%

57

57

*52%

'

102 %

15%

57

*87%

88%

87%

87%

87%

87%

87%

15

*52

87%

87%

57

87%

140

590

590

20

16%

16%

16%

17

16 y8

16%

16%

16%

16%

16%

16

16

7,600

49%

49%

49%

49%

48%

49%

49%

49%

49%

49%

48%

49%

2,900

640

630

630

*590

630

*590

7,200

3,700

15%

89

10

1,500

18%

2,800

101%

*87y2

12,400

19%

15%

*605

13

120%
71%

101 %

*52%

97%

34%

15 y4

57

100

19%

101%

*52%

40

71%

*15

57

10

2,500

33%

*101

*52%

800

9%

95

120%

18%

2,000

15%
106%

12%

|

120%

%

10%

95

13
95

*34%

19

Shares

Apr. 4

11

*105

106%

the Week

Friday

Apr. 3

11

*105

Sales for

1

Thursday

Wednesday

Apr. 1
11

15%

*93

115

Tuesday

Mar. 31

13

630

'592

630

17%

17%

17%

17%

17%

17%

17%

17%

17'A

17%

17%

17%

1,600

No par

32 %

32 Vb

32%

32%

32

32%

32

32 %

31%

32%

31%

31%

2,500

100

*92y4

Niagara Mhk Pwr Corp com.No
par

26%

26%

No par

28%

28%

100

*82%

84

*82 y2

84

-100

*88 Vb

89

*88 VB

89

95

96%

96%
9 y4

-

————

Class A

Noma

Electric

N odco

Corp——

Chemical

Norfolk

100

Co

2

& Western Ry com

25

Co

American

Aviation.

Northern

Central

—10

Ry Co.!

Northern Pacific Ry
Northern States Pwr Co

Common
$3.60

28%

28%

9

*92%

94

94

94

94

26%

*92 %

25%

26%

26

26%

28%

28%

*28%

29

82%

83

*82

84%

*82

*88%

89

88%

88%

89

95%

96

95%

95%

'94%

8%

9

8%

8%

8%

25%

26%

25%

*92%

25%

8%
25%

24%

26

25%

26%

25%

28%

28%

28%

83

84%

95%

250

8%

3,100

49%

49

49%

49 y8

49%

49%

25%

25%

*25%

25%

25%

20%

20%

20%

20%

20%

17

16%

16%

16%

16%

16%

-16%;

16%

16%

80%

80%

80 %

80

80%

41%
X91%

42%
1

93%

*80

81

42% "45%
88%
93%

*80

8%
25%

25%

20%

\

49%

25%
20%

41%

500

*95

20%

80%

2,800

83

96

49%,

94%

28%
90

*25%

40%

100

25.200

*88%

25%

-92%

94

26%

89

49%

80%
'

10

600

26

17,800

48%

25%

700

20 %

20%

17,200

16%

"

49

25%

.;

16%

12,000

*80

7,000

80%

90

43%

'44%

43%

43%

42%

43

14,100

88%

90%

90 %

92%

88%

91

70,100

(Minn)—
—5

Inc
Inc

26%

20%

v

$4.80 preferred—'
—1
Preferred $1.10 series.—.
Northwest Airlines

24%

94

26%

17

100

—

Northrop Aircraft

9%

*92 %

20%

-50

—

preferred—I—-100
100

100

-———1

common—10

25%

Jan

36

Feb

11

Northwestern

28

Norwich Pharmacal Co—

4.6%

49%

94

*25%
•

1

Northern Natural Gas Co__—

9

24%

25

American

North

:

'

Adjustment preferred
North

95

—1

27% Jan

31

Monday

Mar. 29

Shipping Corp partic stock—.1

$3.75 preferred

19% Dec

51

N Y

Common

~_5

preferred——
.'-25
Telegraph———50
2.50

11%
88 '

/
*

*106%
!

11%
88

107%

*97

98%

13

13%

14

11%
87%

*106%
*97

11%
88

107%

11%
88

106%

98%

*97

12%

13%

13

14%

14%

14%

13%

11%
88
107

98%

98

13

12%

13%

13%

11%

88

...

107%,
-

98

11%

;

11%

13,400

88%

*87%

88%

410

*107%

107 %

*107%

107 %

99%

99 %

99%

12%

13

5,400

13%

13%

2,700

*98

12%

12%

13

13%

.

11%

*87%

11%

11%
88

107%

13 %

13%

1

"

22%

23

22%

22%

22%

23

*22%

22%

22%

22%

22 %

33

32%

32%

32%

32%

32%

32%

32%

32%

32%

32%

*22%

23

22%

22%

21%

22%

21%

22%

23

22%

23

50

22%

'*32%

140

'22

f.

2,900
350

'

2,400

O
33% Jan
100

2

52% Feb

10

14

b«V4 Jan

10

Jan

?*>

8

.T->n

2

37% Oct

11

31

8

111% Oct

8

102

page 26




Mar

34% Feb
104

27

Ohio

Edison

Feb

18

4.40%

8

93% Feb

13

3.90%

27

60% Apr

1

2

17% Mar 13

25% Jan

see

2,100

%

45%

N Y State Kec & Gas
Corp—

*52% Feb
28 % Jan

For footnotes

15%
29
105

27%

95

preferred——

8

Feb

x29

97

Jan

15%

,28%
104%

94

12%

preferred-———

Feb

Jan

21%

15%

29%
104%

21%

*92%

preferred

89

88% Jan

20

21%

21%
94%

15%
29

104%

100

9

Mar

57% Sep
22 ' Oct

29%

104%

28

\

30% Jan

9Q

32%

series A

29

16

21%

15%

15%

104%

100

25% Nov

10% Dec

15%

29%
105%

47

_50

94

: 94% Feb

15%
29

105%

32%

—No par

2

1

15%
29%
105 y4

46%

Co.

85'A Jan

21

Dec 27

15%
29 y8

105

No par

1

Dec

3,700
5,100

32%

-

32% Mar

93/4 Jun

80 'A

-X104

16%

52

47%

10

18% Jan

39% Oct
70% Dec

16%

51%

1

16

2

17 %

52%

pfd_10o

19

2

16%

51%

*38%

Jan

Mar

31% Jan

17%
52%

39%

20% Feb

I

17%

51%

No par

29% Dec

88

17%

52

*38%

New York Dock common
$5 noncum preferred

25 % Jan

3

8,800

100

17% Feb

76% July
31% Jan

12%

No par

9

25
Sep 18
17% Jun 25
X13% Jun 29

12%

47

preferred series A

22% Jan

29

12%

17%

9%

City Omnibus Corp

2

Jun

12%

51%

9%

York Central
N Y Chic & St Louis CoNew common

46% Jan

44

15%
29%

Saturday

New

17

29

12%

32%

Newport Industries common
1
4%% preferred
100
Newport News Ship & Dry Dock-—1
New York Air
Brake—
5

59% Jan

8 3/4 Jun

12%

48%

NY New Hav & Hart Co

94

12%

6,000

33

-

N Y

102

3,600

47%

._100

Mar 24

3

3,800

10%

33

System

Mar 31

26

57%

10

17%

9%

New Jersey Pr & Lt Co
4%

17

Dec

11%

56%

10%

33

preferred—

New England

673

Nov

10%

68%

10%

52

—No par

13

85

11%

57%

10%

11%

17%

——5

18

79% Nov 30

11%

58%

10

1

com

Jan

77

11%

58%

10%

47%

100

14% Feb

2

11%
58%

36%

1

450

26

11%
10

47%

In<? common—

9

Jun

320

33

Corp

Neisner Bros

18

25

173

58%

'■%

LOW AND HIGH SALE

15

20% Jan

172

173

37

Par

Oct

99

*172

51

51

9%

36%

STOCK

25% Jan

5

700

8,400

171%

171

48

Co

43'A Jun 25
15% May 24

83'A Dec 26

20%
30%

—100

87

143/4 Nov 14:

20%
30

5

——

100% Jan
9
14% Mar 25

60

73

20%
30%

33

com

preferred

—

87

101

3,900

19%

19%

20%
30 %

12%

12%

STOCKS

xl05

11% Jan

19%

19%

21

30%

47%

EXCHANGE

2

102

1,400
8,800

-—100

NEW YORK

7

Dec 29

13%

<

*32y2

No par

Co—

Highest

15 y4 Jan

91

370

12%

13%

10

common

Vulcanized Fibre

Range Since Jan. 1
Lowest

103% Nov

343A Jun 21

65%
33%

•

1951

Highest

978 Jun 25

*9

19,800

65 %

33%

No par

Co

20%

67

33%

No par
—

preferred

ml Tea

1

Range for Previous
Lowest

*143%

1

17%

172

19%

20%

66

33%
13%

94%

21%
27%
171%

Corp

11%

12%

105

100

Service

National Sugar Ref Co
National Supply (The) Pa

4%%

12%

100

National Shares Corp
National Steel Corp

Na

10 y4

*93

Natl Malleable & Steel Cast__No
par

33

58%

*10

15%

_1

National Linen

'53

11%
*58%

10%

29%

common

19%

*171

58%

105

—No par
5

Co

31

19% Feb
Jan

Lead

11%

171

12%

5

26

85% Jan
101

11'A

171

10 Vb

10o

common

$4.50 preferred
National

173%

*58
,

—_5

9% Jan

2

11

*171

17%

40% Jan

5

Oct

30%

3

Sep

108

*20%

30%

.

5

Jan

25% Feb

90

19%

20%

30%

2

30% Jan
9
45% Apr
4
25% Jan 30

9

32% Feb 18
30% Dec
3

33

19%

20%

30%

50%

preferred B

156

17

19%
20%

30 y8

1

preferred A_

136

134% Dec 12

Jan

19%
20%

Stores

National Gypsum Co

Oct

27% Feb 20

19%

No par

Prod

27% Nov

91

14 y8

30%

Co

pfd series of 1951

165% Dec 31

103

14

21%

Co

Gas

Department

4%%

13%

19 "A

l .v
1

Dairy Products

2

33%

€6%
33%

10

National

4

21

66 %

33%

30Vb

Inc

Cylinder

17% Jan

20%

67%

33%

*20%

Register——No par

National

34 % Jan

110% Jan 24

21%

67

33%

13%

preferred A-—_4———100

National Can

National City Lines
National Container

48% Jan

2

20%

67%

33%

10

commons

National Cash

7

21%

66%

33%

—5

Corp

10% Mar 29
18% Mar 27

21%
67%

21%

66%

Automotive Fibres Inc—1

National Aviation

National Biscuit Co

1%

21 Vb

*33%

■>.

1

61% Mar 19

14

10

89

28

13% Jan

106% Oct 27

21% Mar

Mar 28

12% Jan

13% Jan

10

16% Jun 29

173

8

12% Feb 20

513/4 Sep
233A Feb

16% Dec 26

26% Jan

7

12 3A Apr

29

42% Jan

Mar

7

Jun

Jan

Corp
5
Nashville Chatt & St Louis
100
National Acme Co ————-—1

60% Feb
31% Feb

17% Dec
23

Nash-Kelvinator

3

Dec 27

7

21% Mar 28

9

Aug

x29% Dec
160

2

15

16% Jan
16

22% Fete

7

Mar 25

24% Mar 19

18% Mar
'35% Jan
106

Feb

4

4

23

Ohio

Oil

Co

—3

common

preferred
preferred—

—

—

Co

preferred——

Oliver

4%%

Corp

103%

'91%

_No par

Okla Gas & Electric Co com

4%

34%

100

.100

20

common

convertible

-10

58%
*24

'18%

1

32%

preferred—100

'103%

34%
104

34

■"

104

34%
104

33%

33%

33%

33%

33%

103%

103%

102%

102%

103 %

93%

93%

93%

59%

60%

59%

60 %

24 y8

24%

*23%

24 %

18%

*18%

92%

*91%

92%

92%

93

58%

58%

59%

59 y4

60%
24 y4

24%

18%
32%
104

*24

,

18%
32%
104

*93

24 V4

*24

18%

*18%

18%

32 y8

32%

32 y8

32 y4

32%

104%, 104%

'104y8

104%

104%

32%
104 y4

*18 %''

33%
104

18 %
31

104%

33% -' 33%
*103 %

12,100
280

104
*

80

59%-

60%

17,100

24 %

24%

300

*93%94

18%

..

18%,..

.

,300

32%

33 %

,8,200

104%

104%

270

Number 5105

Volume 175

.

.

The Commercial and Financial Chronicle

.

-23

(1451)

Ml"

'

..

NEW YORK STOCK RECORD
STOCKS

Range for Previous
Year
Lowest

10

Range Since Jan. 1

1951

Lowest

Highest

9% Mar 31

13% Jan

Aug

Jan

5

9 3 % Apr

27

15

2

105

6

96% Jun

Dec

10% Jan
27

6

27

Feb

5

39% Apr

13

35

Feb

19

17% Sep

13

21% Jan

12

19

Jan

2

75

19

81

79

Feb

19

Feb

5

Oppenheim

38% Mar 25

Otis

Elevator

No par

_

73% Feb

Aug

89% Aug 30

2

Outboard Marine

Jan U
48% Mar 11

Outlet Co

77% Apr

6

23% Mar 10

43% Mar 19

Dec

85% Jan 23

Owens-Illinois Glass Co

83

4

&

Mfg

2.50
No par

Owens-Coming Fiberglas

■

• ' V'

'

■

,

Mar. 31

9%
*93%
*27
38%
22%
*81
45%

(The) common
5
preferred A__100
Collins
10

convertible

8%

Monday

Mar. 29

Par

Omnibus Corp

17

96% Jan 28

25

Mar 24

EXCHANGE

3

33% Jan

25

LOW AND HIGH SALE PRICES

Saturday

STOCK

YORK

NEW

Highest

5

Corp

'

9%

94%

♦27

Thursday

Apr. 2

9%

94

9%

9%

9%

93%

94

Friday

Apr. 3

.

93%

93%

the Week

Apr. 4

9%

9Va

94
30

•27

Shares

9Va

•92%

94

2,700
21s)

•27

30

38

x36%

37%

36%

37

22%

83%
46 %

30

37%

23

78

12.50

♦94

Sales for

Wednesday

Apr. 1

9%

9%

9%

94%
30
38%

Tuesday

*

22%

*22%

22%

22%

22%

83%

*81

83%

83

83

45%
78%

45%

45%

45%

46

45%

56

8,100

78

78%

78

78 Va

77%

78%

7,300

15

6,200

♦80

46%
78%

45%
78

78

44%

77%

•27

30

•27
37 Va

37%

22 y.

30

•

36%

37

4,300

22%

•22%

22%

83

♦82

•82

83 Va

700

20

•

p
Mar 21

16 % Nov

28

95

Nov

16

101% Mar

1

95

Feb

26

97% Jan 24

14

Dec

20

19% Feb

6

15% Feb

14

19% Jan

11

17% Jan

21

14% Mar 13

17% Jan

Pabco Products Inc

14

No par

16%

16%

17%

17%

*26%

27%
53
38%

27%

29

29

29%

52

52

53

53

39

39

39

39%

27%

27

27

26%

35

34%

35

34%

51%

51%

51%

51%

51%

31%

31

31

303/4

303/4

110 %

110%

141

141

Oct

1

25 % Mar 22

30 % Apr

4

Nov

29

51

Mar 17

55

Apr

4

1st

37

Apr

44

Feb

15

35

Mar 18

39% Apr

4

com

2nd

34% Mar

9

Pacific
Pacilic

Lighting

7

Pacific

Mills

2

112% Mar 11

Pacific

2

141% Apr
7% Mar

28% Feb

103

Jan

3

114% Oct

11

109

Jan

151Va jan

3o.

132

Jan

5% Jan

2

xl30% Dec 27

4% Jun

29

6% Feb

14

May £4

17

22% Sep

19

8% Jan

3

4% Jun

29

25

Mar 15

Feb

92

Dec

Nov

31

7

Jun

29

10

May 24
40% July 10

57

104% Jan

7

27

Feb

26

33'/a Jan

lo

6

2% Feb

21

63% Aug

7

53% Feb

1

3

39% Sep
8% Jan

20

19

21% Feb

14

x35

Feb

4

Feb

27

8

6% Feb

8

10% Jan

18% Apr

34% Dec

28

11

74% Jan

Park

21

Park

58

Feb

15

Parke

38

Jan

26

8

15

8% Jan

29

1

20% Jan

29

34% Jan

5%

72% Feb

14% Feb

14

Coal &

12% Jun

25

15% Mar 16

22% Jun

29

27% Mar 10

23% Jan

15

27% Apr

1

Penn-Dixie

26% Feb

23

29 % Jan

5

Penna

Jan

4

108% Feb

11

5%

26% Feb

5

29% Mar 25

Penn

29

Dec

28

112

Sep

28

105

Cement

10

24% Jan

5

27% Apr

18

16% Jun

29

26% Jan

18

17% Feb

27

20% Jan

22

Pennsylvania

52% Jan

10

71

Dec

18

56% Feb

21

67% Jan

23

Pennsylvania

Jun

25

111% Jun

29

31% Mar

34% Mar 27
Dec

130

29

25

38% Oct

12% Jan

19

16

Jun

Jan

34

3

100% Apr 27
17% Jan 11

56
Apr
105% Feb

23% Sep

7

4

Jan

10

136

6

40% Feb

10

23% Jan

22

Petroleum

Pfeiffer Brewing

5

22% Mar 12

16% Mar 26

19% Jan

46% Aug

1

35% Feb 29

42% Jan

2

15

117% Jan

2

70% Mar 20

81% Jan

4%%

25

26

29

Oct

29

121 % Aug

3

59% Apr

3

79% Oct

54% Dec

13

25% Jan

2

110% Feb

15

111

57

63% Mar 27
30

Nov

14

Mar 11

29% Jan

2

100

100

Co

Pet Milk Co common

2

2

26

5

33 %c

9

18% Dec

10

Pepsi-Cola Co

Jan

35% Nov

No par
50

Peoria & Eastern Ry

Pfizer

100

Corp of America

(Chas)

4%

No par

preferred

2nd

5

5
1

Co

& Co Inc com

preferred

(conv)

100

59% Jan 21

Philadelphia Co 6%

30% Feb

Phila

14

Electric

Co

50

preferred

common

No par

22 % Dec

17

26% Feb

23

22% Jan

2

24% Apr

2

103% Dec

31

X115

Jan

8

103% Jan

2

110% Feb

26

4.4%

preferred

Dec

18

106

Feb

9

Jan

17

93% Mar

4

3.8%

preferred

No par
100
100

100% Nov 30

110

Jan

4

xl03% Jan

8

108 % Mar

4

4.3%

preferred

100

91

93

$1 conv

preference com

Year
Lowest

13

1951

Range
Lowest

Highest

NEW YORK

Since Jan. 1
Highest

29

17% Jan

19

15% Jan

2

20% Feb

20% Jan

2

27% Dec

13

26% Jan

2

32% Mar 13

27

83 % Jan

3

88% Feb

9

9

46% Jan

2

49% Jan

30

8

Philco

Par

1

Sep

27

35% Jan

3

39

Jan

23

98

Jan

4

102

Jan

2

17% Jan

8

16

Mar 20

110% Jun

29

110% Jun

29

110% Jan

21

110% Jan

21

3
3%% preferred series A
100
Philip Morris & Co Ltd common—5
4% preferred
100
3.90% series preferred
100
Phillips Jones Corp com
No par
5% preferred ——100
Phillips Petroleum
—No par
Phoenix Hosiery—;-..—.
.———5
Pillsbury Mills Inc common—25
$4 preferred—..
—No par
Pitney-Bowes Inc
2
Pitts CC&StL RR
100

19% Jan 22

39% Sep

13
Sep 28

30% Jan

15

37% Jan

29

Pitts Coke & Chem Co com—No par

81% Dec

13

45 % Nov

3

Dec

95% Feb
56% Mar

28

107% Jan

July 11
6
14% Dec

104% Jan

91
93

95% Feb

28

39% May 24

11% Dec

12

100

Mar 27

95% Feb

13

97

Mar 31

13% Mar 15

Dec

x95% Jan

17

48% Feb

20

98

39

95% Oct 22

104

16

93% Jan

Mar

54
Sep
xl7% Jun

2

31

Jan

3

20

10% Mar 14

16% Mar 27
x95% Jan

17

58% Mar 31
Jan

12

Mar

4
5

Mar 25

17

Jan

2

Corp

common

July

9

100

16

95% Feb

13

$5

17

106% Jan

28

$4.80 preferred

90

37% Jun

6

Sep

17

Jun

25

22

Feb

3

6

156

Dec

1

142

Feb

21

28

174

Feb

1

151

Jan

4

16
148

July

152% Dec

37% Jan 25
8% July
18

Jan

54% Oct

47% Jan

11

Sep

30

Jan

42% Mar 17

25

2

17

Nov 27

21% Dec 21
131% Nov 30

132% Jan
98

Jan

33% Jan
147

9% Mar 17
20 % Mar

155% Apr

1

49% Jan

2

10% Jan

21

25% Jan

21

2

85

Jan

17

80

Jan

17

21% Feb

3
9

129

2

27

10% Jan

3

14 % Apr

28% Jun

4

Jan

20

24

31

137

Mar 27

Jan

Mar

30

6

Pittsburgh & West Virginia
100
Young & Ash pfd—100
(The)
1

"21%

Jan

2

24

May 24

92

Dec

18

11

X54

54%

35%

*35%

35%

35%

35 Va

35%

35%

35

35 y4

•35

353/4

400

73/4

3,70u

15%

4,400

8

7%

7%

15%

15%

15%

6%

7

18%
33%

67
13%
26%
28%
108%
29 %

7
19

29% Jan

31% Feb

7

109% Jan

91 I/a Feb

81

24% Nov 16

Jan

85

>

4.64%
Pub

Feb

$1.40

Feb

4.70%
Pullman

110
May 23
31% Feb
5

107 % Jan

31

109% Feb

28

28% Jan

2

30% Apr

3

27% Mar 18

22

Jan

2

29

Feb

5

16% Jan

2

25% Oct

11

70% Dec

19

34% Jan

138% Jan
24% Mar

3
3

S

3/a Mar 13

Mar 18
146

Apr

27% Feb

3
5

10

Go of Indiana—No par

1«%

6%

6%

63/4

6%

6%

6%

8,300

18%

18%

18%

•18%

18 Va

3,300

33%

333/4

33%

34

34

67 %

67%

67

67%

67

67%

€7%

673/4

13%

*13

13%

♦13

13%

12%

13

13

13

27

*33%

27

27%

*28%

28%

28%

28%

•27%

28%

♦107%

108%

♦107%

108%

•107 y4

108 Va

29 Va

29 %

29%

29%

28%

29%

2a3/4

29%

283/4

28%

5,606

18%

18%

18%

♦59

18 Va

60

♦33

34

135

135

18%

183/4

59%

59%

593/4

*33
134

34

134

37%

*33

Pure

5%

Oil

preferred
cum preferred

♦134%

(The)

conv

common

preferred

Purity Bakeries Corp

Quaker Oats Co (The) tom
Rights

No par
100
No par

5

27%

6%

preferred
100
Quaker State Oil Refining Corp—10
„.

•1433/4
*25

3% Apr
3
87
33

2

May 16
Nov

28

Jan

2

82

Mar

5

72

Jan

273/4 Mar 28
78
Mar
5
4% Jan

23

4V4 Jan
Feb

11
7

Oct

4

5% Feb

8

3% Apr

Jan

9

88 % Jan

94

45% Oct

18

40% Mar

46

5

103

For/footnotes see page 26.




3% Apr

Jan

21

of America com—No par
$3.50 1st preferred
No par
RKO Pictures Corp
1
RKO Theatres Corp
1
Ralston Purina Co 3%% pfd—-100
Raybestos-Manhattan
No par

Radio Corp

27%
•77

3%
3%

'93%,
'i4V4

•37

300

9%

IOV4

10

10%

9%

423/8

42 3%

43%

•41%

42 Va

♦103%

105%

*1033/4

105%

♦103%

105%

♦1033/4

105%

•103%

105 Va

22%

22%

22%

22%

22%

22%

223A

22%

22%

22%

1,400

17 Va

2,100

16%

17

17

17

17%

38 V8

3 8 3/4

1151/4

38%

114%

115

73%

74%

74 Va

75

74

75

57

57

57

57%

57%

29%

29%

29%

29%

24 Va

24 %

24 Va

243/a

108%

108%

108%

109

109

109

*96%

98

98

98

*96%
104 %

98

48%

♦94%

97%

•943/4

102 Va

♦102

16%

16%
32%

17%

100%

♦102

16%

48 3%

48 Va

48%

99

99

93/4

93/4

11%

58%

16 Va

11%
36

102%
16%
—

57%
•11

58 3/a

17%

51

16%

•102

16%

36 Va
16 Va

2,660

32%

2,100

•110

32%

16%

1,000

145

•143

157 Va

•155% 157 Va

443%

443/a

44%

9%

93/4

21%

78%

•77 Va

143

74

•22%
•137

9%
22

79
74%
23
140

27%

27 3/a

11 %

ll3/4

•11 %

11%

353/4

353/4

4,400

♦155 V4

21%

36%

35%

36%

273/g

16%

*50

51

•50%

28

44 %

145

443/4

10
120

11,600

9%

9%

2,400

21%

21 Va

9,100
60

•77%

79

•73 %

74Va

600

22 %

221/4

500

•137

273/4

•11%
36

143

28

3,500

11%

200

37%

23,500

51

•50

51

18

200

153/a

52

51

51

18%

♦50%

18

18%

18

18

18

18

18

18

1,400

153/a

15%

153/a

15%

15%

15%

153/4

2,900

113/s

11

11%

11%

11%

11%

11%

11,900

35%

333/4

34%

•33%

34%

•33%

343/4

500

68%

68 %

68 Va

67%

68%

6,600

15

15 Va

15

68%
15%

14%

15

9,700

•82%

82%

•82%

293/4

30%

29%

30

6,700

29%

30

29%

293/4

5,700

•114%

116
84%

153/a

15%

11

30 %

30%

30
30

31

•114 %

116

293/4

303/4

•114%

♦114%

116

116

•114 %

116
84%

•83%

82 Va

83%

83%

♦83%

843/4

83%

83%

•83%

253/4

25%

25%

25%

25%

25%

253/4

26

25%

26

26%

26 %

26%

263/a

26%

26%

98%

26%
98 Va

•106%

107%

26%
♦97%

107%

26%

263/4

•97%

99

*99%

99

*1063/4

107%

107%

107%

99

107%

•98%

40%

40%

67%

673/4

66%

67%

67 V4

•108%

109 %

67
♦108%

67 %

ioa%

109 %

•108%

30%

30 Va

30 Va

30 Va

39%

30%

273/a

40 3A

40%

40%

30

30%

.

27%

27%

273/4

27%

273/4

144%

144%

%

3a

1443/4

144%

144%

•25

25 %

25 Va

25%

27%

^27%

78

-77

27%
77
3%
3%

27
77
3%
3%

27%'
77
3%
3 Va

1433/4

!

•25

25%

3%
3%

94

•93 Va

45

4434

94

443^

>

94
44

' 94
44 Va

27%

€7%

27%

77 Va

77

3%

3%
95

44%

20

30

13,800
8,200
30

300

41

11,600

66%

67 3/4

15,200

109%

109%
30 Va

1,900

40%

30%

27%

27%

200

12,000
71,500

33/4

3%

27%

' 146
25 Vs
25%

27%

43%

67%
109%
30%

146

77 Va

•94

99

107%
40%
40%

107 Va

♦108%

r

20

900

51

•140

93/4

*

51

155%

21%

•137

17%

1,800

102 Va

145

♦77%

/

51%

57,000

...11%

35%

94 Va

17%

11%

35

97%

57 Va

101 Va

27%

11%

♦94%

•110

22%

36 V*

I6V2
97 Va

•102

74

11%

•16

•943/4

102%

22%

35%

16%

36

74

143

27%

300

98

353/,

75

•137

97

97

100

•16

•11

51

80

5,700

102

•99

•96 Va

11%

23%

75

48 Va

48%

♦93%

•142%

78

*22%

16,800

87

•100 y4

22 %

77%

16,700

29%

100%

503/4

Shares

29%
•86%

100 Va

44%

21%

27%

86

1003/4

453/a

•77%

142

30%

the Week

19

32%

100

80

183/4

94%

155%

77%

Apr. 4

Apr. 3

29%

16%

Friday

Thursday

86

1013/4

100

Sales for

32%

155%

22 %
75

105

*93%

17%

22

22%

99

105

32%

44%

9%

*97%

94%

155%

44%

•109%

104%

32%

145

*142

158

110

♦93%

51 %

*17V4

143%

104 Va

87

57%

35%

101

51

17%

143%

*98

29%

56%
•11

94

513/a

•24

99

109 Va

18%

1)5%

32%

94

1013/4

'

183/4

•110

33

100%

18%

97%

16 Va

94

27%

210

•96% 98%

•110

•110

♦136

110 %

105

♦943/4

102%

22%

1,900

♦16

36 V*

*74%

6,300

24 Va

•99

58%

36

93/4

293/4

48%

97%

56%

363/4

443/a

29%

24%

29 %

102

36%

♦155%

29%

24 Va

*R«

11%

32%

29%

24%

Apr. 2

49

*11

*93

320

29%

18%

87

11%

16%

573/i

Wednesday

30 Va

♦10%
♦102

57

24%

19

•99

58%

58

57%

SALE PRICES

48%

9,300

♦57%

HIGH

29 Va

48%

1,030
13,100

57V4

AND

*Rfi

87

37%

1143/4
74 %

*104%

183/4

303/4

377/a
114%
73 %

Apr. 1

30

17

600

74%

104%

Mar. 31

18%

39%
115

91,200

29%

Tuesday

Monday

115

10

74%

104%

104 %

18%
♦86

39%

17

17

17Va

373A

114%

39%
115%

38%'
113

82%

3%

38 %

♦413/4

82%

4

700

•37

38%

R
23% Jan

1343/4
38%

42%

15%

25 %

134%

37%
93/4

30%

145

200

134%

9%

30 %

32

1343/4

135'/4

42%

82%

27%

1,300

33%

9%

153/a

%

—

37,900

59 Va

33%

42%

38

50 Va

40%
66%
67%
*108% 109%
30
30

18 %

59%

9%

37%

16%

40

No par

Inc

18%

60

33%

59 V2

•33

*41%

98%

26%
*97% 99
*106% 107%

100
100

18 Va

183/4
60
34

100

♦37

♦96%

26

4,100

28%
108%

*16

25%
26%

No par

27%

*27%
•107%

17

31

26%

28%

108%

97

17%

27%

400

*27%

97

51

27

27%

3,700

♦107%

♦16

33%
94

300

67

*97
*16

*110

15

*13

103

*94%
97%
57%
58%
*10%
11%
36
36%
*101
102%
16%
16%

•7%

5d0

5,30j
6,600

33%

27 %

6,600

23/4

2%

*33%

26%

16,800

39 Va

33%
67%

♦33%

*99

99
17

•38

*18%

7

18%

48%
48%
*99% 104

*114% 116
*83 %
84%

100
100

div preference com—No par

4.08%

23

No par

of Colo

Serv El & Gas com

99

5

com

preferred

Co

preferred
preferred

3%%

27

92% Jan

Industries Inc

cum

Serv

107% Apr

24% Jan

32

$4.75

Public Serv

2

Feb

26% Feb

24% Jan

Gamble

&

Publicker
Public

116% Feb

2

15%

30%

1

13
13

7%

15 %

30 %

2

119% Feb

21

•73/a

82%

30% Mar 28

Feb

7%
15%

29%

2

26% Jan

27 % Feb

18%
31
86

16

6%

18%

7%
15%

7%

7%

16

•82%

22

86% Jan

19

69% Jan

24

54%

30%

14% Apr
4
80% Mar 13

17% Jan

19

Jan

543/4

82%

1

31

159

55%

♦82%

68% Apr

43% Jan

28

55

15%

14

27

Nov

55%

15%

65% Jan

60% Feb

135

55

68%

Feb

Feb

56 %

68%

29% Jan

48

2%

683/a

40% Mar 19

29

2%

68 %

102% Jan

Oct

23/4

2%

68%
15%

8

30

2%

68%
15 %
*82
30 '/a
30%

28

2

2%

No par

48% Oct

27% Jan

2%

•34%

62% Dec

Sep 11

38'/a

11%

2

106

28

38%

343/4

46% Mar 28

41% Apr

273/4

39

11%

30% Feb

107

8%
28%

39

343/4

Procter

8V4
27 Va

8Va
273/a

38 Va

15%
11%

conv

8%
27%

8%
28%

35%

4%%

200

38%

11%

4

8,500

28

*33%

13

18

Jan

7

100

76 Va
98

37%
2%

37%

preferred series A—50

15% Feb
13% Jan

30% Aug

75%

•96%

7

1

16,100

39

77
98

8%

41,900

55 %

57

18%
30%
86

•38

76

8%

200

4 Va

10 Va

98

18%

35

17

8%

39 V*

5,400

14,500

9

4%
10

77 Va

53

14% Jan

79% Dec 10

8%
28%

98

*38

200

6%

253/4

98

76%
♦97

18%
*15%

33% Feb

Dec

78%

98

*51

10% Mar 19

26% May 24

98

39

77

No par
Potomac Electric Power Co
10
Pressed Steel Car Co Inc com
1
& Co class B

17

108

39%

39

79

6%
25

•87/a

*38%

77 %

*97

Pond

5
3

Pocahontas

9

*87/a

8%

8%

22

Creek

6%
26%

39

77%

9

13

Poor

6%
25%

6%
26

Jan

19

17

95

141%

55% Feb

1

30

27

HOVa

141%

18

16% Jan

25

110

141%

Apr
16% Feb

41% Jan

Dec

HOVa

141 Va

37% Mar 15

15% Nov

16% Nov 23

110%

29

51

23% Jun

1103/4
141

Feb

29

84

110%
141

Plough Inc
Plymouth Oil Co

Feb 28

Jan

800

1,250

110 3/4

3

11% Jan
31

80

2,400

31%

98

♦38 %

39

143%
158
44% 44%
9%
9%
22% 22%
*77% 78%
75
75
22% 23
*136
142
27%
27%
*11% H7/a
35% 36%

Pittston Co

27
2

7,400

513/4

31%

4%

50%

Pittsburgh

Jun

62% July

343/4

51%

31%

10%

*142
*155

guaranteed preferred
100
Pittsburgh Plate Glass Co—
10
Pittsburgh Screw & Bolt_—.No par
Pittsburgh Steel Co com
No par
5% preferred class A——-—100
5%% 1st series prior pfd
100

10% Jun

4

34%

51%

32% Jan 29
12% Feb 14

12
36% Aug 23
15

33

34%

51%
31%

4%

*17%

Pittsburgh Forgings Co
1
Chic Ry com—100

Pitts Ft Wayne &

7%

4

Feb

13% Jan

11

1

Consolidation Coal Co

Pitts

2

14

Jan

Jan

71

31% Jan

57

17% Jan

3

21% July 17

20% Oct

51% Feb
145

73% Jan

9

18

46% July 2
15% Jun 28

8

16% Feb 20

3

2

70% July 24
73

51

34%

10 Va

*101% 102%

No par

(conv)—

34%

4%

33%
*93

convertible preferred—No par

Jan

97% Jan

91

34%

10%

Saturday
Mar. 29

STOCK

Phila & Reading Coal & Iron

Jun

1,900

34%

*8%
.

LOW

EXCHANGE

27 Va

141%

110%
♦140

STOCKS

Range for Previous

_27%

43/a

71%
73%
*57
58
29"%
29"%
*24
24%
108"% 108%
*96%
98
*104% 105

25

Phelps-Dodge Corp

27%

10 Va

26%
*27%
*107%
29%
18%
18%
*59
60
*33
34
*135
135%
*37%
38
9%
9%
42%
42%
*103% 105%
*22%
23
17
17
38%
38%
112"% 112%

100

20 % Jan

104% Mar

10

_7
1

RR

27%

4%

7

25

Salt Mfg Co

27

10%

18%
*33%
66%
*13

5

Light Co

650

27%

4%

7%
15%

Peoples Gas Light & Coke

3

44% Jan

&

393/4

10%

*35%

5

Peoples Drug Stores Inc

18

10% Apr

41% Feb 20
101

33% Apr

20

Feb

8% Feb

13
9

Feb

31

2

8% Jun 29

129

7

Power

39%

8%
4%

56%

preferred

102% Dec

39%

10%

2%

com

39%

27

4%

2%

Corp

Glass Sand Corp

39%

6%

8%

90

39%

243/4

1

Coke Corp

1,190

55

6%

8%

No par

Penn

30 Va

54

26%

28 %

Penney (J C) Co

8

22

29 ya

54

6%

8%

No par

12% Jan

29%

♦52

25 %

28%
39

preferred

*29

54

6%

8%
28%
*37%

Co common

prior

conv

29Va

10%

98

Penick & Ford

2

66% Mar 13

10

Peabody Coal

1,100

29

*52

26%

2.50

Transportation

17

4%

77%

1

Patino Mines & Enterprises

95

•16%

6%

No par

Co

&

•93%

17%

10%

*38

1
Mines

96

•17

25%

9

15

*93 %

173/4

6%

1

Refining

15%

96

17%

*93%

25%

No par

&

Distillers Corp

Consolidated

Davis

Parmelee

7

4

Utah

5
100

Pictures Corp

& Tilford

96

4%

No par

Parker Rust Proof Co

Mar 29

18% Jan

32% Mar

41% Aug 21

64% Apr

15

Paramount

16

3% Jan

6% Jan

16

Prod

30% Mar 13
43% Jan

15%

*93%

10%

1

Transp

Panhandle

25% Jan

30

&

14

9

19% May 24

Petrol

9% Jan

4% Jan

21

Pan-American

Inc

Airways

96

•93 %

51%
31%
110%
139%

*8%

No par

Car

World

18

3

21

39% Mar 17

Motor

Amer

Panhandle East Pipe L com
4%
preferred

11

Dec

Pan

14

2

7% Dec

Packard

2

Feb

7% Jan

29

2

Mar 18

37% Mar 27

6% July 31

22

Jan

98

25% Jan

13% Jun

1
Pacific Western Oil Corp common.4
4% preferred
10

81

5

110%
139%
6%
25%

100

9

15

*31

100

com

2

20

31% Jan

No par

59% Jan

Jan

51%

No par

93

2

40% Jan

25

Corp

20

Jan

27
34%

Pacific Tin Consolidated Corp

4% Jan

Feb

2% July

Electric

&

Telep & Teleg
preferred

6%

3

Gas

9% Jan
12

33% Sep

21

19

8% Jan
10

3

26% Mar 15

8

x4% Feb

18

40% Oct
62

20

x40

Jan

7

67/b Mar
13% Apr

25

7

Dec

9

x9% July 18

20

Feb

36

5

*51
38

No par
10

7

34% Jan

51

49 % Feb

»

No par

preferred noncum
Pacific Finance Corp

52% Jan 16

6

24

Mar

10

common

noncum

2

33% Jan

54% Mar

Nov

31% Mar 27

preferred

3

3

17

31

x49% Jan

Pacific Coast Co

28% Jan

2

15 Va

51%

31 %

35

25% Jan

153/a

16%

65

25% Dec 27

15%

96

*16%

10

3

15%

155/a
*93%

5

July 13

16% Jan

15%

15 Va

100

conv

cum

53

6

15%

preferred

Pacific Amer Fisheries Inc

4%

3%
3%
•94

43%

146

146

220

25%

25%

500

27%
77 %
3%
3%

26%

27%

53,700

77 %

3%

77 %
3%

11,200

3%

3%

20,200

95

•94

43»A

43%

95

44%

800

130

1,600

••The Commercial and Financial Chronicle

24

.

.

Monday, April 7, 1952

.

(1452)

NEW YORK STOCK RECORD
LOW

STOCKS

Previous

Range for

1951

Year

Range

-

Lowest

Highest

Lowest

Dec

14

Reading

36

38 % Jan

Feb

Feb

3

4
Feb 20

Dec

19

19% Feb

7

29

20% Feb

1

18% Jan

4

20

Jun

25

21% Jan

5

15% Mar

8

17% Feb

15% Jun
7% Dec

31

12% Feb

8
5

13
17

; 22%

28'% Mar

Aug 30

13% Feb

2

Jan

11

22% Sep

7

26y4 Mar 26

9% Feb

1

10% Jan

8

7

58

Jan

26

20

21 % Jan

2

19

95 y4 Mar 25

18% Feb

Apr

6

90% Feb

10% July

2

22% Feb

17

18 ye Jan

3

10% July

3

16% Jan

9

13% Jan

19

90

100

27

11% Sep

21

29

49% Feb

2

118% Jan

July 19

111

27% Jun

28

38% Jan

25

Jan

25

139

5

56 y* Jan

13
13
29
4

Sep

x7% Nov 28

11% Jan

31% Dec

36

Jan

45

Jan

2

83

Dec

13

Jan

28

50 Va Apr

10

Oct

5

.43
92

Apr

106

53% Feb

Jan 12

60'% Jan

5

23% Mar

18

Mar

33

5% Mar 31

„

28

25% Jan
7Vb Jan

22

42

Feb

17

25% Mar 11

31

Dec

26

44% Mar 11
i 16% Mar 17

16% July

2

21% May

31

3

34'A July 12

Apr

33% Jan

Gas

Rochester

Jan

22

Rohm

15

50c-10

26'/b Sep
63
Oct

13
17

21% Apr

2

24% Jan

3

3

Jan

2

58'% Mar

5

Ruberoid Co

8 % Jan

3

12% Feb J21

10% Jan

3

12

29%

30%

29%

30

30

30 Va

29%

"30%

7,200

36%
28 %

36 %

36%

*36%

36%

36%

36%

36%

36%

36 %

36 %

1,100

28%

28 %

28%

28 %

28%

28 Va

28%

28

28

2,400

.

2.530

28

36%

*36

38

*36

38

*36

38

*36

3i

100

32

*31%

33

*31%

'32Vi

32%

*31%

33«/4

3O0

*12%

12%

*12%

12%

33%
12%

12 Vt

12%

*12

12%

300

19%

19%

19%

19%

19%

19%

19%

193/4

193/a

193/a

1,800

16%

16% ,r"

16'A

16'%

16%

I61/4

163/a

16%

161/8

16%

3,100

,36%
32

39 Va Mar

9

29% Feb 29

9

91

33'/2 Jan

4

Safeway Stores common

993% Feb

21
6

10

55

56

*12%

•

7i/2

*25%

/

,

19

19%
95%

21%

20%

21%

15%

15%

15%

15%

5

4%

10%

10%

41%

113

30%

29%
6

62%
228

228

203/4

21

20-%

203/4

2,700

15%

15%

153/4

15%

15%

11,800

4%

4%

4%

4%

43/4

7,6)0

10%

900

41 Va

41%

40%

41 Va

32,000

*110%

112%

*110%

113%

29%

9

34%

,

*41

*41

43

*41

92

43

*91

92

*91%

92%

105%-

1043/4
■'30%

92%

104%

105%

30%

31

30%

30%

58%

59%

57%

58%

24'A

24%

*24%

5%

27%

27

27%

47

47

47%

47%

17%

17y8

135%

17

1043/4

104%

1043/4

105%

105%

460

303/4

30%

30%

30%

30 %

2/09

58/4

57

58 Va

10,100

241/4

*24

24%

58

58 %

21%

173/a213/4

56%

4,200

26%

26%

48%

47

47

46

46%

.

4,500
900

17%

103%

36 V*

103%

4,600
4,400
600

128

128

131

*102 3/4

17 Va

353/4

363/s

131

36%

17

17%

171/a
>

363/8
134%

57

800

6

5%

27%

*102%

103%

'

17%

17%

21%

21%

57

57%

11% T11%

11%

11%

*11 Va

11%

321%

32%

32 %

32%

57

6

5%
27

*102%

103%-

24 V4

53/4

36 Vt

17%

230

27%

*131

*102%

105

*102%

92

"

243/4

•

17 Va

173/8

43

*9iy4

*46%

134%

34%

351/4

*41

27

36

134%

135%

400

12,600

91%

5%

5%

36

36%

36

36%

135% 135 y2
*102'% 105
17
17%
*21% >22

*24

24%

5%

5%

8%
35 y«

43

*41
-

'

27%

70

--/*%'

91%

57%

•

4,500

215

215

8%

19,ud0

60

59%

224

*83/4

34%

5,300

6'/8

6

6%

61%

*217
,

35%
43;

29%

29%

30

6

601/4

224

*8%

'

35%

*10%

10%

29%

6'/8
60%

*215

8%

10%

30

6

60%

r

225%.-

8%

10%

41%

113%

6%

35

35%

105%

20%

10%

62%

222

8%

8%

„•

10,000

95%

41

30

5%
61

100

19

18%
*93

95%

*111

113%

29%

6%

62

56

*55

4 %

42

*111

1,400

153/8

10%

10%

41%

41%

400

9%

19

*93

200

0%
25»/2

9%

56

18%

95%

:,

25%

20%
^

5

4%

56

19

183/4

6%

*

10

9%

56

*93

21%

7%
25%

10

*55

*93

*6%
25%

26

*9%

56

*55

7%

*25%

10

19%

*93

*6%

••

26 y«

*9%

95%

18%

>19 V*
95'%
21 '%<

,

*6%

>

25%

35

5

(Jacob)—

Ruppert

7%

A

10

"110%

No par

(The)

*6%
25%

35% >35%

4%

1

Jan

30%

38
33
12%
18%
16%

36 Va

2

54

Shares

61

*41
f.'43-vy;'
*91
92 %
*105 V2 105%
'*30%' 30%
57'% '583/4
*24
24%
*5%' ; 5%
27% '27%
*46'%
47V2
17y8" 17%

1

20% Jan

20% May 29

the Week
•

30

*110V2 113
30 %
30%
6%
6V4
62 '% - 63
226
226
°5%V 9-';■*'•"?

20-

Co common..

47'% Jan

15% Jan 11

Apr. 4

60

15V4 * 15%
4%
47/8
10%
10%
41% 42'%

1

preferred series A——.'—100,
Art Metal Works Inc——1
Royal Typewriter
—'
_1
.

23

Feb

107

Aug 30

100

.

_

Corp—.No par

El

&

Haas

&

Friday

Apr. X

30

19
*93
21%

Ronson

155

4

Apr

_<

Robertshaw-Fulton Controls

19 y4 Jan v 4
36% Mar 19

16

Motors Inc

18% Feb

128

160 y4 Aug 29

20

93% Jan

2
23

48% Jan

4

11

29% Jan

47

;

Co
Reynolds (R J) Tob class B—*.—-10
•Common
;—.—t
—10
Preferred 3.60% series
i—100
•.Preferred 4.50% series.,
—100
Rheem Manufacturing Co—.
1
Richfield Oil Corp
—No par
Ritter Company
No par,'
Roan Antelope Copper Mines new__
Robbins Mills Inc
--.—20,
;4.50% preferred series A—,—50

35% Feb

27

common-

Reynolds Spring

10% Jan

8

26'/a Nov
45% Dec

30

Jan

3

101 y4 Jan
2
30 y4 Mar 26

5

6% Oct

32

4% Aug 21

2

Jan

85

10

62% Sep

2

Jan

23

32 ye Jan

.

series

pfd 3 V2 %

Reynolds Metals Co com
No par
>5%% convertible preferred—100

Feb

242

40% Jan

16

34'/2 Apr

19

2

-

67% Jan

4
2

27

<

108 'A Mar 19

xlOl'A Dec 6

Jan

6% Jan

Jan

23

98% Jan

32

3
22

•x8% Feb

205

Mar 31

26

41

Jan

21

5
.---100
50c
.—25c,
;
1

common

Republic Steel Corp com
No par
6% conv prior pfd series A—100
Revere Copper & Brass com_No par
Rexall Drug Inc
-—2.50

30

5% Mar 18

-

5

66% Sep
240

28% Feb

9

34% May
8% Feb

25

6% Jun

11

115

Mar 18

111

Co

Republic Aviation Corp__,i—
Republic Pictures common
$1 convertible preferred

44 y4 Jan

40% Mar 25

Mfg

Remington-Rand
$4.50 preferred
Reo

Sales for

Thursday

Apr. 2

59 %

"-A *6% *; 7
*26
26%
*9% :10
*54
56 ,,

Stores

Conv

10% Mar 29

18

Feb

10

9% Jun

5ye Jan

Feb 20

4

6y4 Sep 24

3% May 21
35% Jun

prior preference.'
10
Corp
—No par

div

Reliance

16 y4 Mar 20

;

PRICES

Wednesday

Apr. 1

& Co—

(Robt)

Reliable

9

23'% Feb

.

No par
50c

—

Mar. 31

Mar. 29
59
*29%
*36%
*28
*36
*31%
*12%
18%
16%

,

50
50
5

noncum

$1.25

" 7

4

Jan

53% Mar

1st preferred.

Reeves Bros Inc-

11

7% Jan

common——

2nd preferred
Hosiery Mills—
Reed Roller Bit Co

6% Apr
25

9
2
17

Feb

64

15

14% Jan

i

Co

Real Silk

8
Jan 30

13 y4 Jan

Reis

•

9% Aug 21
54% Dec

30% Jan

4%

3

32 >A Apr

15
11% Feb 11

30

,

—

par

1
1
—25
50

—

4%, noncum

28

,

common,——

preferred

$2

28% Mar 15

37

«

22

3

Jan

25% Feb

8
16

Inc

New

34

44

24% Nov 24
35 Ya Aug

31% Mar 10
36% Mar
1

13

37% Feb
32% Feb

24

33% Dec

Rayonier

22

SALE

HIGH

Tuesday

Monday

Saturday

,

EXCHANGE

68 V« Jan

Mar 19

29

STOCK

YORK

NEW

Since Jjin. 1
Highest
-

67% Mar 20

4

647/e Oct

24

45 % May

AND

"

•i'~

57

;

21%

21%

V

573/8

57%
11%

*11%

2,800

22

3,400

57%

57%

1,500

11%

*563/4

*11%

17%
21%

58

17%

17 Va

21%

17 «/4

.

11%

11%

700

12,100

17%

17%

21%

'

29 Va Nov

7

89% Dec

20

Apr

4

41

101 '% Jan
57

25% Dec .31

193/4 May 23

2

Feb

54

443/s Mar 24

18

.Sep

Jan

>

: 24% Jan 12

St L San

2

32% Oct

8

22% Jan 14

\: 26% Jan

2

Jun

29

71% Oct

6

X60% Feb 27

643% jan

17

205

Apr

5

320

11

148

122

Apr

205

May 11
Jun 11

Feb

Jan

235

8

F Ry Co

common—No par

•

9

243/4

Feb~~i

4

92

Mar 18

4

21

Jan

5%

100
.—100

preferred

noncum

17% July 10

21% Jan

31% Nov 24

41% Jan ,31

28% Apr

4

33»/4 Jan

Sep

21

50% Jan

2

543/4 Jan

21

90% Jan

9

92

Jan

31

102i/2 Mar 12

105

Jan

29

Paper Co common.i
5
pfd 4.40% series A__^
100
Electric Co
10
Savage Arms Corp———
—5
Schenley Industries Inc
...1.40
Scott Paper Co common
No par
$3.40 preferred
INo par
$4 preferred
i-—,
-No par

353% Jan

30

Scovill Mfg Co

18%. Sep

11% Jan

12

Nov

7

Feb

10
19

22% Sep

10

89l/4 Jun
20

16% Jan

19

96

,

Mar

x88

la'A Apr

181/4 Jan

16% Mar 20

9

87% Dec 27

102

Feb

26

1

108

Jun

11

July

2

38

Jan

8

Dec

26

95

Feb

7

85

28

123

Jan

12

109

Nov

99

31
83

107% Dec

2

104

2

14% Jan
102 Va Jan

8

26

89 y2 Feb

29

68"% Dec

16

82% Jan

12% Feb

13

58

Feb

14

50% Feb

29

103 V* Sep

Mar 14

25

16y8Jan

18% Jan

1

15

4

11% Jan

3

4
May 25

7% Feb

19

July

2

8

Nov

23

16% May
11 »/2 Jan,
90

-

68

163/4 Feb

3
23
4

■!

21

t

3
22

Inc

"■e1

Se

293/4 Jun

32% Jan

2

Jan

51

25% Feb

28

10

48 V2 Jan

103% Mar 13
/

24

9% Jan

Sheaffer

(W

Shell Oil

Corp

14

16% Jan

Sheller

Feb.27

5

10% Jan

2

Jan

8

3% Feb

23

4'/8Jan

Feb

283/4 Mar 18

42% Mar

49

17

8

53% Feb

5

46 y4 Sep

10

13

7

,

Mfg

Sheraton

Mar 29

*.

Corp of-'America

16
,2

Simmons

Jan

18

Simonds Saw &

47% Jan

28

Sinclair

—No par

Co

Steel—.—No

Corp'

29%

51%

52

103%

*102%

103%

*102'A

1033%

33%

33'/s

33%

33'/b

33 Va

92

87%

*87

113%

*111

1131/4

*81

14%

75

Jan

95% Oct 17

25"

84

Feb

383/4 Feb

Mar 14

31

33

Apr.

4

35

32% Mar

3

36% Apr
3
17% Mar 12

23% Feb

5

14% Jan

Jan

17

21,

60

Dec

21

80

75 Va NOV

16

94

y2 Feb 23
Feb
5

25

25% Apr

25 Va Mar 15

37 y4 Sep

19% Dec

21

2

75

:

83%
92%

14

Oct

20

9

2

>9'A Jan

19

52J/2 Jan

5

17

73

128

7% July
46

21%

21%

Jan

92%

93%

92

28

7

141

Jan

Socony Vacuum Oil Co Inc J
Solar Aircraft Co.
;

5'/b Mar 15

9

10
48

Apr

1

69

Jan

14

4

42% Jan

16

9

38% Apr
34 3% Apr

4

36% Jan

14

28

U% o*a

2

South

Mar 18

17

13% Mar 28

8% Jan

18

32 y» Jun

26

35 y4 Mar

10% Jun

29i

12% Dee

19% Jan

2

223/8 Aug 30

353/4 Jan

2

51

•

Nov

74% Feb

5

46% July

64

21% Feb
47% Jan

16

57% Nov 24

Feb

60% Jan
48% Feb

9

75% Feb

»

"

21

10

65

Jan

23

20

Jan

9
2

20

*

55% Apr

8%

96%

*14'/2

■

15%
53%

53:,

20%

20%

20%.

12

11%

11%

>

■

''7.%"

7%

53%

53%

V

20%

1

'

*

-

,

39

42

South

Gas

Southern

■

38'4

H

8

81

/

;•

38%,

,(■£■ 38

■

"

1033/4

*27

28

.

■

:

103%

*27

84

79'A

821/2

801/2

14%

14%

*141/2

12%

12%

12%

3%

33/2

3%
2934

3%

3%

29

28%

46%

3

Railway

Wlc

-

29%
45 '/z

*44'A

45%

46%
95'A
34

V

963A

95'A

3334

33%

*33 '4

35%

36

>

36'A

17

*16% 117

*8%

16'/2

16%

'

•

!

14%

14'A

900

12%

12%

6,300

31/2

3%

35/a

4,700

29%

29%

29'A

3/a

45 'A

29'A
45 3%

46 34

45%

46%

16%

16%

-

67'%

*65

67%

/

*65

81%

*79

80%

7

*79

*22'%

223/4

39%

12

75 Va Mar

9

66

18

68

Jan

2

17% Oct

9

13% Mar 12

16

Jan

17

5'% Jun 25

7% Jan

29

5

9% Oct

4

Mobile

16

13'% Jan

May 24

77

101

Nov

20

41% Nov 23

47% Dec

5% Jan
7% Mar

6

52'% Nov 24

57'A Dec 31

Jan

99% Dec

30

'

20'

105

25'% July 12
26% Jun 29
9% Jun

Mar

Jan

48

9%

10

'•
34%

39%
r

13%

35

100

Feb

52

Feb

23
9

13

32% Feb

20

34% Jan

14

9

1

67

16

10'% Jan
71% Feb

3

9

5

25% Feb 26

29 Va Jan

14

8

31

July

29
5

4.60%

Feb

"Dec

Jun

1

14% Feb
81

9% Mar
Jan

Sperry

23% Feb

104

Feb

6

22% Jan

•253/2 Feb

11

60% Jan

92% Apr.

3

12% J»n
10% Jan

14% Jan

22

13% Mar 19

Stand

85% Mar 17

$4

96

Mar

1

14% Sep
-

13

13% Feb

1

78% Feb

1

160

Feb

74% Jan

4

30% Feb

23

cum

39%
.v

*132%

5

4%

5'4

5%

9%

10

,

9%

9%

48

66%

66 34

66

39%

9%

v

49-

*47 %

*28

22%
40%
19

19

132%

137

5%
93/4

Corp

(The)

Standard Brands Inc
*

$3.50 preferred
Gas

&

Elec Go

preference

151

Jan

159% Mar 18

$6 prior preferred

167

Jan

178

$7

see

page

26,




*102

com

65

39%

39

39

3834

38 3A

34%

34%

343/8

u-L.

prior preferred

com

343/g

5 600

13%

13%

13%

13 s4

13%

13 3A

137A

32.100

22%

22

22'A

22

221/6

48%

48'/2

49

49'A

2.100

69%

7134

69%

70"%

83.200

r

34%

34%

221/2
49

-

48%

48%

69%

69

71

r

693/2

70%

54%

553A

68

68 3/4

>

•;

*66

14%

533/2

55%

54

68%

5734

-'7.

55.%

67%

*

68

57%

553/4

55%

67

67'A

*102

68

*66

*14'A

14%

*14%

53A

5%

5%

*774

8 '4

*774

8%

*66

14'A

14'A

6

574

6

68

'

*66

14'A

14%

55%

*102'/2

8'A

*77A

*102

103%

*101%

22%

223/4

34 %

553/4

55%-

-

1033/4

*102

■'41%

08

143/4

28%

27 %

*91

92f

91

1

•

>13%

13%

12%

12%

12%

$3

83

82%

,

*1751/4

-

12 3/2
•

i

103%

83

4054

40%
54%

.

22%
333's
9%

9

71

*70'/«

28%

27

28

27%

25%
104

25%

25

*10234

104

102%

40%
*54%
*102

23

22%'

33%

331/a

1,400

40%

70

55%
102%

90
4 200

22%

f

6,900

70 %

" 33%
91/2
70 %

4,900

71

273/4

27%

27%

2 400

25
"102%"'

9,300

9%

2534

25

*102%

*102

104

9%

24'%.
102%

243A

24'A

243A

24%

83'A

91'4

91'A

92%

91'%

13%

13'4

13%

13 '4

13%

13%

12%

12%

12%

12

12%

81%

813/2

81%

80

81

10
5.100

131/a

12%

*

91'%

-12%

90,

'24 3/8

24%

24%

903/4

13'A
12'A
...

9%

800

3,500

8
103%

71

90'A
'

33%

14%
5%

9%

72

-

14%
5%

71'/2

24%

91
13%

13%

>

253/8
*1021/2

.24%
.

33 %

3,000

66'A

*7%

*102
<:

16.400

55

8

54 74

IO2-1/4

33%

2774

104-

24%

102'A

22%

*71

25%

25%

*102'%

24%

*155

r"

28

-24%

56

102%

-

1,400

68

6

*102
-

55%

-22%/ 22%

9%

9%
71

'

*54%

22%

;

34

9%

'

102

411

661/2

5%

103%

*1

-

543/2'
*66

*7%

5%
8

3334

23-

71

*

'

553/4

-

102%

33%

9%

71%

41

41'/b "

403/4
—

No par

^-No par
No par

300

34%

55%

.—No par

800

-

13%

*101%
22%

No pgrv

;

22'A

48%

25%

:j,

x34 'A

-

49

104-

100

49

65

"

''25%

93A

8,400

13%

40V4

*102%

200

18,100

66

70%

*28

4.900

5 %

49

48%

91/3

9%

*473/a

61,400

:

19'A

653/4

68%

103%

34

5

40

136

*4714

49l/4

*70%

19

400

35

*39%

—5
50c "
No par
No par

Standard'Coil Products-Co Inc

8

For footnotes

5%

39%
*1311/2

22%

22% 'i 22%

68

*7%

»

40

80'%

13%

68%

14%

22 Va

66

22JA

54% » 55

*66

il
1
2

1,400

343/4

50

—_—T

400

:3.2Q0

•

*38

100

preferred

preferred

172y4 Oct 15

Mar 13

100

ctfs

Square D Co
•Squibb (|1 R) & Bons com!
$4 preferred
.

98 Va Jan

8

tr

Spiegel Inc common
Conv $4.50 pfd (stamped)-No par

6

2

26% Feb
1

stk

"Spencer Kellogg '& Sons—

109% Jan 30

21%.Nov 24
793/4 Nov 23

-

2

102'% Apr
26'% Jan

29% Aug

135

57% Jan

4.50%

223% Mar 14

30 J/4 Dec

157

2

7

2

3

-

Ohio

•

10

13

21 % Nov

64y« July

Jan

47% Jan

101

21

99 3% Jan

5

17

36% Oct

29

10% May 24
8% Jun 29

9'% Jan

40 Ve Mar 28

'

97

4

29% Feb

66% Nov 29

19/2/Jan

6% Jan '29

14

&

651/2
*79

36%
16%
65 '/a

39%

*38

,22"% * 22%

68

19V8

1323A

48

';
66%

66 'A

40%

137

4%

(•'■

48

.

'

393/2
19

19

22'4

•

,

*132

5

*471.4

9%
1

-19

137

4%

40%

3 9'A

19%

18%
*132

T.

4%

9%

40%

39%

...

18%

' 135

49%

Spalding (A G) & Bros Inc
1
No par.
Sparks Withington Co
Spear & Co common
1
$5.50 preferred «—
^_No par
Spencer Chemical Co
6

331/2 *

16%

-

x64% Sep

33

*36%

801/2

2.200

94

16%
66

500

33,700

94

36%
■

2.100

-

•

66%

.

34

36%

2.2%

*38

*

95%

95'4

*333/2

"

*22%

68%

>

20.500

81%

15

*79

•13%"

100

.80'A

30

1,700

28

12%

*65

'

83'%

4a

36 %

181/2

*27

2b

J

103%
8% l:

45%

A

95

...

103'A

83/a

451/2

47'A

:

"

*65'/2'

common.fNo par

preferred

noncum

: J35%

103»/2

8%

334

r.

34

34

:

40%

3,600

15

45%

3.5%

97

96

97%

38
41 'A ,'■■■

-

12%

S'A
*29 'A

29

4'

47%

;

7.900

11,000

373A:
4034

81%

■

*44%

•

45%

44%

35%

V

14%

12%

Shares

36%

351%

38%

*27

81%

15

13

<•:(

;

.

28

12%

>

the Week-

'"

40 3A

*103
l

15

:

"

*

8%

8'A

270

38%

41%

*103

42

34

36'4

353/4

81%

No par

33,000

»■

Apr. 4

Apr. 3

36%

41

41'A
*103

28

29

" *47'/b

& Elec—No par
7.50

Co—^

8%

73

Friday

Thursday

67'4

5

"

8'A

*7l'/»

72

"

Sales for

*22% : 22%

25

2,300

11%

11%
-

:

2.000

21

21

,

35%

3874

8%

PRICES

Apr. 2

363/8

103'/2

8'%'

*27

3%

4%

'

11%
854

8%

*79

Gas Co_.

Pacific

Southern

3

68% Mar 29

3

Indiana

•Southern Natural

29
;

Edison

(The)—„a——.*

Southern Co

'

72

/

Wednesday

35%

42%

•.

103%

SALE

"

Apr. 1

36

<138%

701%

•

Tuesday

Mar. 31

35'%

•

LOW AND HIGH

.

Monday.

15

34

11,300

53%

53

.

100

15

*14%

15

'

36 Vi
39%

47

3,400

53%

'

'

4,600

20%

11%

8%

71%

21%
103'%

53%

11%

8%

70'%

21'A
102%

20%'

39'/2

25

1

*141/2

53%

.

21'A
1031/2

21 '/a

20%
*11%

;

8 '/a/

70 "

70%

70%

'//■/

13

7%

800

*65

,

"10';
4,100 ;

83

V 100

15

/: *14 %

15

15%

f

=71

.18%

50

:

preferred

Southern California

12

50% Jan
71% Apr

*

83

93'A

82 ? V

Carolina E & G Co com_4.50

preferred

5%

106

*82
82

21%

93 %.

:

921/4

'

/"

*130

South Porto Rico'Sugar com_No par

*104

83

93

*22%'

4% pfd—100
South Amer Gold'«& Platinum
1

2,400 '

14%

106
:

84'/2

22%

1

110

110

*143A

■

20

90%

110

14%

20

1,300

33%

*89

110

30

92

104

333/8

93

67%

15

Sol v. ay American Corp

5

27

45

2

3

21% Jan. 14

Q9

*102'%

83

*79

—

3,800

92

813/4

-

*64%'

preferred—
100
preferred
100
Smith & Corona Typewriters-No par

14,700

51'/2

88'A

*82

91%

53

15%

(•

'17 r

3'%%

4.20%

4Q% Jan 25

62 y4 Feb

16

63% Nov 27

"

Alexander Inc common

t

81%

91%

21 'A'

21

91 %

*97
'
*33%
35%'

t

7

45 y2 Jan

,

Aug 28

Nov

39

Feb

Mar

22% Apr

7

43% Feb

8

Dec

53% Jan

Jan

20

Smith

283/4

51'A

33%

14%
\

83%

81%

21%

•

46%
•

163/4

28%

92

*104

83

92%

*90

29

Smith

1,400

50
700

163A

104

110

106 '

*82

19'A

'

83

92%

4*44% ?45%

Slcelly Oil Co
:
25
Sloss-Sheflield Steel & Iron—20
(AO) Corp.—J.—t.
10

26

Feb -25

66% Mar 22
79

Jan- 18

34% Jan
3
18% Mar 31

4

6

4% Apr 24

60

19
11

Dec

143 Va Sep

3.

1021/4 Jan

31

Dec

111% Apr

26

8

15

19 % Jun

16

39% May

V

"

82%

92

19'A

881/2

14%

*104

106

'

92

333/8

90

' 111

*109

14%

*104

81

*88'%

45,900

51%

,

*91

V;

22%

1674

513/s

*102'/2

33

'

32 y4 Mar 23

10

20%

29

283/4

103%

••; 103'%

111

J14%

•"•14%

81'

93

83

•

2,200

193/2

16=4

...

A

92

:■! *91

90

,^iii r

106

*104

:

92

*88

83%

82'/4
*14'%
12%"
*3%

par

'/•

*91

89

14%

14%"

28

—__No par

20,000

63%
235

*205

93

193/2

16%

29

51%

*27

-

1
5

Silver King Coalition Mines.:

Oil

16%

29%

51'A

36
37%

1

Corp.—

30% Jan

4

42% Feb. 20

16%

29%

.■*.;

1
15

Pen Co.^

A)

16%

52'A

42
42 /
*103% 104'%
8:
8-%

No par
No par

23%

590

21'/a

*92

293%

Mar. 29

No par

Sharp & Dohme Common
$4.25 cum preferred
Shattuck (Frank G)—_

1,500

*1271/4

21

19%

17

Saturday

-

92

*193%

19%

29%

;

:_No par

Corp

6,53% Feb 27

6

11.

Steel

Sharon

29'% Jan 29
87
Mar 15

35"

2

29% July

41'A Jan

28

6

3

x34% Jan

11

xttV4 Feb

12%J3ep

29

3% July

3

x96% Jan

17% Mar 19

2

«y2 Jun

40% Apr

9

19

703/4 Sep

Mar 15

12% Jan

30

92

92

*19'A

21%

51%

*16%

:*69'%

1

20%

51%

16%

11%

,

4,200

253/a

63

63%
235

*127 3/4

/ 29%

20'/b

Shamrock Oil & Gas——i

Mar 15

42% Jan

31% Aug 10

2

Jan

38

37»% Mar 18

Jan

108

V4 Dec 21

23

20

19%

7%

Par

45%

23%

243/s

*63
;*220

21%

92

92'/4

*19%

12

*

EXCHANGE

Highest

12% Feb

25

96% Nov 23
8

31% Feb

36'A Sep 13
50 y4 May
9
49% May 9

25

37

Lowest

Highest

*90%

20

20%

/NEW YORK STOCK

1

Range Since Jan. 1

1951

Year

Lowest

92

7%

■

25%

23 %

63

235

*172%

21%

22%

* 106
82'%

-4'

24%

62

*220

/

225

*1271/4

21%

20%
J2

'

24%

:

63

*210

230

1

'

621/4

63%

63%

53 '/4 •53%

5

24%

24

24%

24

230

'

*14%

No par

"-STOCKS

-

*25'A

1—.-I

$4.50 preferred

Range for Previous

.

5 '

—:

common—

25%

22%

*91
21'A
91%

:

•

.No par

Refrigerator Co
Seiberling Rubber Co—

4
29

Jan

•;

Seeger

Apr

8% Apr
74

Mar 13

1

—

Seagrave Corp
Sears Roebuck &tCo—

14 >% Jan

19

Nov

8

11

68% Dec 22

6

100

preferred series A__

5%

Seaboard Finance Co—

25%

*127%

*81
83'4

Line RR Co com—No par

Air

25%:

92

*104

100
100

:

25'/a

*14%

5

com

Seaboard Oil Co of Del—1—No par

56% Jan

22 '% Jap

18
15

88'/2 Mar

12% Dec 31

(The)

Co

preferred
preferred

3.35%

Seabd

21% Mar'14
103>% Apr

51% Jan

74

7

3

'

93% Mar 28

3

12

12

87

4.40%

81»% Feb

3

Elec

Scranton

"

"

19% Jan

Fel?

21 y4 Dec

4

4.30%

Mar 14

84J% Apr

4

67% Jan

20

3

104

75% Jan

14

Jun

July 19

14% Mar

2

5

73 y2 Dec

17% Jan

3
30

Mar

15

13

76

883% Apr

1163/4 Jan

25%

32%
99

'

*91

common-.——-25
preferred
100
conv preferred—
-100

3.65%

1

13

25%

f,

'

*102%
*33%
/ 87%
*111

-

Mar 11

Feb

Sep

13% Jan

101% Nov
47

3

32 y« Jan

2

46

251/3

99

45 'A

24'%

21 Va
*90'A
20
16%
29'/4
51 '/4

1st

2
.

98

46%

63%

Sangamo

'

59

Mar 30

41

99%

45%

234'%

St Regis

29

99%

46% '

45'A

32%

99'A

46'A

*63'%

_

Louis Southwestern Ry Co

St

3

32

97%

46'%

*215
*127 >/4

100

/; Preferred series-A 5%

32%

98%

46%

251/4

45'A
*25
24 V\

St

57

21%-July

10

Joseph Light & Power Co.No par

1

263% Mar

32'/4

98%

46

31'A
99

32%

98%

32%
*98'%

5

100

4% preferred ....
St Joseph Lead Co

81%:: 82%
156

81.3/2.

.

.

156

155'/2

1553/2

155

*154

156'%

177

176

176 «/2

175 %

*,176

177

176%

*155
176

'

.

"

-

240

2.800

10.900
.

4.7Q0

157-'"

155

155

900

176

1753^

j76

1.000

.mviwwwKiMw

hmmwhi

«»•«•»« »u ii»<iuMMWt
tnninnifMraMWtoU.W.IMWUHWwui«mmwum* iMfpw <mi<ww«wiuwvimww<mu

Number 5105

Volume 175

.

.

.

m

....

..

f..~.

1

ilfcM

< IWteuiM

>MWjtK

",tf "IWWH.WV

The Commercial and Financial Chronicle

(1453)
11

NEW YORK STOCK RECORD

Range for Previous
Year

STOCKS

1951

Lowest

Range

Since Jan.

Lowest

Highest

44

Mar 13

55% Sep

10

50% Jan

3

Apr

78% Oct

17

743/8 Jan
733/s Feb

9

58 Ya Jun

2
13

75 3/i Dec

14

Jun

20

July

July

37 y2 Jun

31

25

Standard Oil of California—No par

543/4

55%

54%

55%

54

55%

54 %

Standard

89%

54%

90

89%

90%

54%

88 %

55%

89%

54%

873/4

88%

873/4

88%

-

Mar 15

Oil

85

Jan

25

Standard

Oil

of

New

Jersey

78%

79

77%

79%

77

Standard

Oil

of

Ohio

common—_10

46%

463/s

453/4

46%

45%

461/a

100

*97%

98%

*97%

98i/4

*97%

98%

14

Apr
22% Feb

9

56% Feb

13

29

44% Feb

16

533/4

15% Jan

2
5

24%:Mar 21

.

an

23

383/4 Feb

27

41 % Jan

3

13% Mar 24

14% Feb

11

373/4 Jan

28

104% Jan

4

92

11

493/b Jan

-

3
27

Apr

57

.Mar 21

43% Jan

31

93

8

33/4%

Stand Ry

Drug Inc

3 % %

preferred

Stevens

20% Feb

11

153A Jan

2

203/e Dec

11

14% Jun

28

20% Feb

8

14% Feb

16% Dec

26

183/4 Mar

2

16 3/4 Jan

18

21

5%

23

27% Mar 27

Stone

38

Mar 31

Studebaker

Jan

Sunbeam

253/6 Apr

2'

25% July 30

14

35% Mar

10

71

7

Dec

Jan

313% Peb

3

63% Apr
32

97/B Dec

12% May

26

19

2

72

26

10% Jan

4

99

Feb •

7

96

4

93

Nov '

1

79% Jan

3

5

Xll4% Jan

8

119% Feb

9

24% Apr

Apr

2

14

100

4

Feb

943/4 Jan

21

Sun

Co

17% Jan

10

24% Sep

10

20% Jan

21% Oct

23

243/s Jan

29

223/4 Jan 28

24

21% Jan

8

29

10

22% Jan

26% Apr

'3

Jan

24

Sunshine

11 % Jan

18

Sunshine

56

Jan

10

67% Oct

9

10

Jun

26

15

Jan

18

63% Jan ' 9
Xl0% Feb 27

20

518

355

Mar 14

16% Jun

570

Sep
24% Dec

29

22

20

Nov

1013/4 Jun

102% Jan

18

Jan

8

6

2

Dec

22

25

17% Oct

80

Jan

27% Jan 26

133/4 Jan

2

3

102% Dec

5

.

560

22% Mar 31

40

28

233/4 Jan

Sunray

213% Feb 20

10% July 24

-

3

4

32

Jun

4

Class

28% Aug 13
110% Oct
5

26

13% Jan

Mar

15

Mar 18

68

39

107

2

4

10% Jan

31

4

Feb

16

4

29

35% Jan 22

an

24

17

Feb

1

A

9

3

10% May

14

6% Apr

4

7% Jan

21

13% Jan

3

13% Feb

8

5

Jan

15

42

Feb

1

60% Jan

29

Texas
Texas

Gulf

18%

19

19

39%

183/4

19

393/8

183/4

39S/8

19

4,800

18%

19%

18%

19

15%

15%

3,300 '

151/4

15%

15%

17%

15%

17%

8,700

27

*17%

18

26%

26%

263/4

26% < 26%

173/4

17%

26%

26%

263/a

373/8

37%

26%

37%

38

261/4

263/4

36%,. 37%

363/4

9,500

37%

*66%

37%

661/4

377/a

65%

37%

64%

37%

651/2

39,100

33%

33%

323/4

33%

67

*33

33%

10

10

22%

*95%

2,800

*64

*64

65

63%

63%

32%

*32%

32%

32

32

•

800

*32

.

65

600

-

85%

853A

1173/4

1173/4

9%

10

9%
*96

99

9%

98

10

*96

9%

10

1,800

98

96

96

60

85%

85

85%

85

853/4

85

85

1173/4

*117

2,300

1173/4

*117

117%

117

117

85%

,

*117

23%

223/4

23%

22%

233/4

23%

23%

*23%

22%

23%

23%

233/4

24

*23%

24

*25%

24%

*23%

80

23%

23%

103,800

*23%

24

23%

700

251%

24%

25%

253/4

253/4

26

26%

26%

64%

641%

26%

26%

64%

64%

64%

641/4

64

64%

64%

64%

10%

101/4

64%

64%

10%

10%

10%

2,200

lOi/a

10%

10%

10%

103/a

103/a

11 %

12,100

*

560

560

*560

580

550

*545

550

560

560

560

*550

700 r

580

400

—50

233/4

.23%

23%.

23%

23%

23%

23%

23%

23%

233/a

5

22%

22%

22%

23%

223/8

23%

23%

2,300'

24

23%

24

233/4

24

23%

100

106%

106 %

233/4

106%

2,300

4.16%

*10%

10%

10%

10%

32%

32%

32%

33

common

(The)

Ltd

*14

17

37

-No par

pfd

9%

99

117

*25

10c
25

California

10

*95%

85%

*23%

pfd ser 1950—20
Inc
"_12.50

9%

99

117

25

cum

39%

173/4

1
25

preferred

$4.40

96

393/4

15%

Sylvania Elec Prod Inc com____7.50
$4

39

*95

39%

173/4

Co

32% Jan 22

8

86
Apr
3
110% Jan 29

39'%
96

■

39%

15

Co

27

4,500

39
*95

39%

17%

preferred—1__100

International

81% Jan

391/4

391/4
96

39%

85%

Sweets Co of America

333/4 Feb

400

14%

39%

No par

Paper Co
preferred

104% Jan

14%

.*14V*

15'A

Mining Co

1

383/4
*95

,

300

*14%

14%

39%

*95%

cony 2nd
Biscuits

&

96

100

40

15

—

Sutherland

Swift

391/4

56%

*39%

-

15

Superior Steel Corp

Swift

383/4
*95

14%

23%

*55%

40

17%

Corp common
preferred series A

4.40%

39%
96

_

23%

56 »/2

*39

18%

A

of

39

*95

.

24%

*55

39

No par

—

4%%

Superior Oil

393%
96

14%

24

56%

;

1

common

28

39 % Mar

39

18

Oil

%7o

5%%

Mar 26

10% Jan 24

19

Sep

95% Mar
105% Dec

6% Nov 24

Jan

*55

14%

Corp common
1
preferred—No par

series

119% Jan '

*

553/4

39%. 39%

14

-

15

issued"

11

7

553/4

393/4

14%

*17%

_r_

Corp

115% Dec

Sep

57

*553/4

100

14

,

No par

Corp

Chemical

$4.50
Sun Oil

5,300

24

20

preference^

Webster

&

"When

1
29

prior

3,000

14%

23%

;

39%

5
Stokley-Van Camp Inc common—1

33 % Mar 24

Apr

9% Feb

.Feb

100

14%

14%

24

*95

—100
15

_—

993/4

14%

14%

39%

5

common..^

(J P) & Co Inc
Stewart-Warner Corp

*973/4

*97%

14%

14

Sterling

16,200

233/4

393/4

8

38,800

461/B

14%

14

12

771/4

45%

243/a

57

Jan

76%

46'/a

14%

393/4

44% Jan

Jan ' 8

363/4 Mar 11

77 3%

453/4'

98

24

*13%

1

Inc.:

12,500

76%

453/4

14%

*553/4

Stores

871/4

77%

24%

*39 %

Bros

86%

763/4

143/b

Sterchi

Steel

.

»

26,800

98

1

.

24%

Equip Mfg Co
1,
Spring common—1
4 %
convertible preferred—_—50
Starrett Co {The) L S
No par

Standard

18% Mar 12

17

15

preferred series A

Shares

54%

45%

79 %

22

98

Jun

Apr
67% Jan

25

Indiana

47"% Jan

39% Apr

96

of

the Week

Apr. 4

55% Mar 31

10

19

Friday

Apr. 3

92

*

27

25% Apr ; 18

Sales for

Thursday

Apr. t

27

17 J/4 Oct

2

PRICES

Wednesday

Apr. 1

Jan

3

Jan

SALE

Tuesday

Mar. 31

"

41% Feb

473/4 Oct

42

Monday

Mar. 29

94

2

19% Jan

Saturday
Par

8

3

15% Jan

LOW AND HIGH

STOCK

9

15% Feb :

90

YORK

EXCHANGE

47% Oct

31

-13 Va July 16
36 Va Jan

NEW

«

105"% Mar

33% Mar 15
93 3% Dec

1

Highest

S9

50 Vt

2«

108

Symington Gould Corp

1

*15

373/s

*85

No par

(conv)

107

*105

•106

106

107

106%

106%

10%.

10%

10%

10%

10%

10%

10%

313A

32%

31%

31%

31%

31%

313/4

32

*15

373/a

85

106%

*10%

17%

37

851%

106%

36%

85

*15

17%

37%

85

17%

363/a

36%

*85

85

*15

17%

36%

*15

36%

85%

85%

1083A

108%

108%

*107%

108%

107%

108

63A

6%

6%

6%

63A

6%

*4%

4%

*4%

38%

38%

38%

57%

573/4

57%

6%

6%

6%

*13%

13%

*13%

320 *
500

5,800

153/4

36%

86

1083/4

108

v

*85

363A

7,700

86

280

1073/8
6%

6%

j •» 1 /,

r>v

ru/*

4%
38%

41/2
*38

383A

57%

563/4

440'

107%

573/8

63/4

3,700

T
r

12% July
4 Va July

9

25

2

Jan

443/4 Jun

21

6 3/8 Sep

18

40

Oct

4% Mar 11

4

36

2

Jan

9

13

523/4 Feb

27

30% Dec 18

25

23% Jan

Feb

14

2

28% Jan

9

593/4 Sep

90 3/4 Mar 15

■

'

.

Inc

Talcott

9

Tennessee

8
5
10

9

113% Feb

4

Texas

Gulf

383/4 Feb

26

463/4 Jan

12

Texas

Pacific

188

30

143

Jan

103% Mar 10

86

Oct

24

14% Apr
17

1

14% Mar
413/s Jan

19

Feb

1

31

433/4 Feb
143/4 Jan

22

12 3% Feb

1

Jan

-

45

2

3

4% Jan

24% Nov 26
31% Mar 29

353% Feb

18% Jun

29

25% Mar

Jun

29

513/4 Sep

19

x93/4 Jan

4

Dec

31

11

23

48

Jan

18

153/s Feb

11

Jan

5

493/4 Jan 23

1

9

96

2% Jan
22% Feb

27

8

413/4 Feb 20

21

Feb

19

Mar

Jan

50

25

45% Apr
xl0% Jan

3

Mar 12

3 % Mar

8

8

7
7

19

Coal

303/a

31%

1063/4

107%

1063/4

1073/4

423/4

44%

44

191%

192%

Oil

&

30%

31

31%

321/4

1051/4

3
3

11% Jan

29

1053/4

105%

443/4

433/8

31

Highest

16% Jan

23

243/4 Dec 26

Jun

29

27"% Feb

3

28-% Aug

8

23

15
Sep 21
110% Feb
2

105

19
20

July
10% Apr

3
2

102% Jun

26

15% Dec

31

17% Dec

18

Dec~28

24% Feb

9

<13% Jan

16

x21%Jan

89 Ya

89 Ya

*89 %

91Y4

*89%

91Y4

343/4

345/8

34 Ya

345/8

50c

34Ya

15

153/4

15%

10,500

157/a

15%

15%

15%

153/a

147/a

15%

14%

—No par
common—_5
preference
No par

143/4

preferred

18

18

18

18

11,100

177/a

173/4

Thatcher Glass Mfg Co

15

173/4

900

15

143/4

14Ya

15

143/4

143/4

*42%

43%

1,400

*42Ya

No par

350

12%

12%

*123/8

1

11%

11%

11%

Inc

$1.25

common

conv

$2.40 conv
Fair

The

______

Thermoid

Co

common..

;

Corp.No par

Avenue Transit

tThird

50

preferred

convertible

$2.50

15
5
—100

(J R)_

Thompson

Thompson Products Inc com
4% preferred

Tide

s/if

*46

47%

*3

Water

18

18

18

177/a

143/4

147/a

15

15

*143/4

42 3/4

423A

*42 Ya

43 Ya

423/4

423/4

42%

42 Ya

13 %

*123%

13 V*

♦123/a

13 %

*12%

13%

*12%

13 %

11%
4.7%

*46

177/s

43 Ya

.

11%

113/a

10Ya

11 Ya

103/4

11

*103/4

11

47%

*453/4

47 Ya

48

*46

*46

*46

Feb

13%-Jan

Transamerica Corp
Trans

7

27

263% Mar 18

8

15% Jan 22
109% Apr
3

Jan

10

15% Jan

3

41 % Mar 26

16%

73/a Nov
27
>

Nov

8% Jan

8

8

41

21% Feb
443/4 Feb

*27/a
*12%

13

123/8

12 Ya

12

12 Ya

12 Ya

700

463/4

47 Ya

47

47%

47

473/8

46 Ys

473/s

*951%

*95%

97 Ya

8,700

95 Ya

97%

*95 Ya

97 Ya

*95 Ya

97 Ya

95 Ya

95 Ya

20

2%

971/2
23A

27/s

27/a

23/4

27/a

25/8

23/4

23A

23A

23A

23/4

*24%

26%

25%

25 Ya

2,400

25%

25 Ya

25 Ya

*24%

25 Ya

*24 Ya

25 Ya

500

t

47

46 Ya

473/a

49%

48 5/a

493/s

48

48 Ya

21,600

i

19 3/8

193/4

193/4

193/4

.19%

193%

3,400

453/4

45%

453/4

45%

455%

11

11%

11%

11%

11%

*

*3

3%

3 Y»

33/a

*2Ya

*27/a
*12

'

26

,

•

.

47%

47 V*

47 s/a

197/a

20%

Saturday
Par

20% Jan

7

8% Feb

19

r

15

Tri-Continental

9% Mar 10

Inc——.—5

Coal

Truax-Traer

No par

1
——No par

Corp

common

preferred

$6

20

19%

20

453/4

46

45%

457/8

45 s/a

11%

11%

11%

ll3/8

Xll%

HIGH

Monday

Mar. 29

Tuesday

Mar. 31

••

'

\

-

%

-

Co

1

Thursday

Apr. 2

Friday

Apr. 3

24%

243/8

24%

24%

25 3/8

25

25%

25%

25%

22

223/a

21%

21%

21

21%

21%

213/8

21

21%

*26

143/4
109

27

*26

26

263/a

26

26

15

15

15%

15

15%

109

14%
109

109

109%

109

109%

26

15

26

15%

109%

15

109%

109

}

Shares

243/B

213/4

,

r 51,900 %
8,400

26

•'

15%

900

»

43,900

109

.'

590

19%

18%

18%

18%

18%

18%.

18%

is

i8.%

17%

18

5,800

42

;

42

42%

42%

42%

42%

42%

42%

42%

42%

42%

1,100

-

17%

17%

17%

17%

173/4

17%

17%

17%

173/4

17%

17%

17,000 *

Transit com—No par
preferred
50

Twin City Rap

9%

91/4

9%

93/8

9%

93/a

91/4

9%

9%

9%

*30%

31%

*30%

31%

*30%

311/4

*30%

31%

♦303/s

31%

1

10%

10%

103/4

10 Ya

10%

10%

10%

10%

10%

10%

Jan

31

32 % Mar

8

5%

7

95/a Feb

26

12% Jan

7

Twin

3

14 3% Jan

2

15% Feb

503/4 Feb

27

56% Feb

1

13% Feb

Union

Jan

50

Corp (The)
Underwood Corp

12% Apr

new

(conv)

Union

prior

conv

14%
108%
18%

the Week

Apr. 4

27%

*26

,

Sales for

Wednesday

24%
I

"

2,900 i

17%

16

Coach

21

J

21,600

SALE PRICES

1

Apr. 1

,

42

Jan

29

24%

33/a

Film com—No par

Preferred series A
20th Century Fox

12% Dec

6

2

—

Airlines

Transue & Williams Steel

15

17% Mar 22

World

300

1,800

3Ys

LOW AND

STOCK

YORK

,

48

,

13 Va

11%

EXCHANGE

200

473%

11%

NEW
'

12,100

*27/e

46 '

(The)

189

46%

453/4

Co

183

*12%

20%

Edison

193

33/8

5

-J

Bearing

184 Ya

13%

'

Toledo

184

473/8

No par
5

Roller

180

473/a

■i 46%

Co

189

*89%

*12%

com—No par
No par
Associated Oil—:—10

Thompson-Starret
$3.50 preference

27% Mar 12

27

3,200
13,500

34 5/a

24% Mar

9

19% Feb

14,800

433/4

35%

178

'

.

313/4
106

92

Range Since Jan. 1
Lowest

44

343/4

*91

STOCKS
;

Highest

433/4

35%

Range for Previous
1951

105%

43%

91

Timken-Detroit Axle

2

1051/4

453/8

189

No par

Timken

Jan

44

34Y4

100

Ry Co

20% Mar 29
49

105% 107

45%

900

91

15

4

Mar 18

Feb

91% Jan

I3
21

44 Va Sep

4

8% Jan

Dec

103

Jan

44

2% Jun

Year

58

185

14

12% Mar 29

473/4 Oct

6 5/b Jan

7

10 5/a Jan

11S/8 Mar

4

Lowest

57%

31%

35

7

153/4 Feb

6

46% Oct 16

3% Jun

18% Feb

3

8

Dec '

33% Apr

43

58%

303/4

2,700
24,600'

92'/4

Mar 10

7

90

57%

313/s

700

4%

34%

2

16% Oct *

7

58%

30%

certificates

share

4

233/8 Mar

Mar 13

573/4

Utilities Co

Textron

35% Mar

Sulphur

Texas & Pacific

18% Jan

11

18

29

Texas

7

47% Oct
18% Jan

Jan

5

23% Mar

12

95

8

32% Ja>

Sub

195% Mar 28

3

Jan

15

35% Dec

16 % July 19
17
July 18

40

38%

4%
38%

Pacific Land Trust—

5

2

4%

-1

100% Jan

10

8% Jan

■"»".

4%
38%

—10

1

3

25

35% July 23
13% Sep 27

13%

*4%

Co

Oct

Jan

28

4%

No par

Producing

Oct

243/4 Jun

Jun

4%

38%

Corp

49

76% Jan

80

37%

38

—.

119

7

•

.

25

Telautograph Corp

Texas

34% Mar

•

(James)

Co

1

*9

♦303/a
10

9%

1,000

>

-1,500

j

31 'A

10

u
13

Jan

2

15% Mar

473/4 Jan

2

58

12% Jan

2

15% Oct

37% Jan

10

May 11

Sep 21

52

53% Mar 28

4

45

Feb

27

50

57

Feb

27

26

66% July 30
112% Feb
2

96% Oct

19

102

83

Dec

28

96

91% Dec

3

107

337/s Apr

4

42% Oct

97% Nov 26
443/4 Dec 27

1091% Jan

36

Jun

Jan

2

108

Dec

63

62

10

United

101% Jan
28% Feb

3

107

Jan

30

Mar

35

3

Mar 13

109

28

3

Jan

31

65% Oct

8

21

36

18

Sep

6

3% Jun

19

5% Oct

8

25

56% Nov

16

33% Jan

2
A Mar 20

3

30% Jan

21

35% Mar 18

5%

1013% Jan
15

30

8

Mar 26

x60 % Feb

18

common—10

28%

28%

28%

28 Ya
'

21,400
'

330,000

——

100 v*

100 V*

100

100

100

100

1,600

33%

32%

32 Ya

33

33

33

33

1,000

105

■

*103

*103

105

105

*103

105

31%

*30

313/4

5a/8 Mar 21

10% Feb
74

11

7

643/4 Jan

30

8

24% Jan

2

27% Apr

3

20

30% Feb

20

United

Corp

Carton

A;

1

5%
*8%

(Del)—

1%
United

Electric

Coal

5

Cos

62%

183/4

*183/4

563%

313/4

*30

*30%

3%

3%

3 5/8

3%

3%

52 %

51%

513/4

51%

51%

53/a

5%

*5%

5%

5%

5%

5%

9

9

9

83A

83/4

62%
183/4

*613/4

62%

18%

18%

18%

18 Va

18 3/a

57%
613/4

563/4

57

571/4

571/4

56%

62%

*61%

19

18%

57%

56%

83/4

6134

8Ys

613/4

3%

51%.

32

200

3%

13,700

51IW,.

770

5%

5%

8Y4

834

*61Y2

62%

130

18 3/a

2,400

56%

1,100

19,900
.

500

60%

60%

61 %

60%

61 %

5934

27

26%

26%

26%

27%

27

27%

27

61
27%

267/s

27'A

34%

34

34%

333/4

34

33%

34%

33%

331/2

33

33'A

2,800

4

15% Jan

2

United iJerch

223/4 Sep

20

17% Mar

7

21% Jan

7

United

Mfrs

&

Paramount

Certificates

of

10
Co—131/2

14%

14%

14

14%

14%

143/a

14%

143/a

6,700

Theatres

_1

18%

18%

18%

18%

18%

18%

18%

18 3/a

18%

18 3/8

18%

18

9,700

1

*18%

18%

No par

69%

interest

20

173A Mar

21% Jan

7

20

54% Jan

10

73

Apr

1

Jun

18

28

96% Jan

11

100

Feb

18

18% Nov
104% Jan

4

21% Jan

7

U

S

Freight Co

4

20

111% Apr

3

U

S

Gypsum Co common

164% Dec

29

1%

Foreign Securities

S

1st preferred—

preferred

No par

*98

No par

20%

20

108%

100

—

Hoffman

4%%

15,300

14%

613/4 Sep
1063/4 Feb

U

11,700
'

14%

22% Sep

Mar 27

60%

14%

2

$4.50

591/4

141/3

12

&

61%

1

17% Jan

U S

57

Inc—

38% Apr

2

62%

18%
56

313/4

3%
51%

•

34%

xl3% Mar

25% Jan

5%

*83/4

*30

60%

,

Improvement

1

Y? Mar 25

3%

52%

27

Gas

18% Feb

19

53/8
9

3%

52%

United Gas Corp
United

64% Feb 20

*61%

3%
53

United Engineering & Foundry
5
United Fruit Co
_No par

34% Mar 25

175

*31/2
*52

& Chemical Corp com_l
preferred
———-100

Corp

United Dye

14% July 12
17% May 1




♦103

29
■

1003/a

31%

25% Oct

26.

105%

28%

Machinery
preferred
—

U S Leather Co common

*173

70

99%
20%

*18

69%
*98

20%

109

109

177

*173

3/a

18%

18%

18%

18%

18%

;

18%

18%

300

72%

69%

73

69%

69%

693/s

69 Ys

681/4

68 Ya

7,500

99%

*98%

99%

98%

98Y4

*981/4

991%

*98%

99 Y2

20%

*20%

110%

110%

177

5

18%

183/4

183/4

18%

—100

*63 3%

64%

64

64

No par

15%

16

153/4

16%

com

"*18

*173

21%
1U
178

*20%

110%
*173

21'A

*173

178

18%

18

*63%
15%

64

64

15%

153/a

153/4

Ya

18

2OY2
111

111

Ya

19

*18

20

2OY2

20

20

600

111%

111

111

4,400

*173

178

178

19%

18.3/4

18

*63641/2

64%

64 Ya

130

14*%

15 Ya

11,800

15

151%

34

.

'

100

313%

735/8 Feb

page

*103

29%
1/128

'

31%

31% Dec

see

105%

32%

'

;

1043%

No par

8

For footnotes

283%

1/128
*100

*104 Vi

United-Carr Fastener

19
July 2
265/8 Jan 25

4

29%

1043%

1,100

4

14% Feb

2 8 3/4

10434

2,700

United

8

16

105 Ys

*104

8,700

15 Ya

15

28% Jan

1057/8

303/a

67

Feb

8

*104%

30

15%

Feb

9

105 %

30%

67

21% Jan

Jan

*1043/4

2,100
: 2,200

153%

59

Jan

105 %

48
40

67%

53% Mar 11

Mar 19

30 Ya

5,100

475%
40

67%

18% Mar 11

16

30 %■

1183%

48 Ya

40%
30%

*15%

593/4 Mar 18

61

30 Ya

118

48
*40

15 Ya

4

167

30%

119

28,900

67 3/a

3

17

30%

119

10 .5
i

43 Ya

15%

Oct

26

30%

33%

2

25

30%

118

43%

67

Apr 21

Jan

40

*331/8

$3.50 convertible preferred—_t0"0

Jan

40

331/a

United Cig-Whelan Stores com__30c

Jan

48 Ys

39 7/a

33 Va

7

19

48%

397/8

United Biscuit of America—No par

2

70

48%

~

443/s

30 :<

101

68

25

185

118%

48%

40

*98

160

"

15%

613/4 Dec

.

Ya

48%

1/64

*104

433%

121%

29

100

433%

39%

100 %

No par

433%

*98

48

100%

—

100

119

1/128

Board &

*98

48%

1/64

$4.50 preferred

100

108

15%

88

123/4 May 24

88

108

67%

2

58% May 19
193/4 May 24

95

*86Y4

107 Ya

15%

56 3/4 Nov

_

*93 Ya

87

403/a

100%

11

19% Mar

*98

1/64

4% Jan

101% Feb

95

*86 Ya

68%

12

1

100

100%

33% Feb

13

*93 Ya

87

15%

Dec

Feb

95

*86%

67

46% July

24% Mar

*93 Ya

15

8% Mar 24

124

85%

67%

43/4 Jan

8

107%

95

85 Ya

*93 Ya

87

15

15

99

28%

95

•—

—

53% Jan

7

30%
*1041/2

119

95

series of 1952_100

4%%

7

Mar

481/2

107% 107%

1,100

14,400

66

22

57

613%

10

Nov

13

60Ya

61Ys

'

l,Q0O
4,000

■V

No par

11

12% Jan

May 22

Inc

5
100

6

28

61

■. ■;

1,200 3

United Carbon Co

17% Feb

2

68

Lines

—

Preferred

61% i 62
107 Ya 107 Ya

y:

*15
•

70% Mar 19

12

Xl9

Air

Rights

106Mar 11

Jan

5

Corp common
convertible preferred

Feb

Jan

3% Feb
SO

Aircraft

United

102% Mar 20

8% Dec

4

119

28

27

44%

*40

Jan

Apr

25

of California

50

34

353% Dec

series

noncumulative preferred—50
Tank Car Co—
No par

20

112% Jan

series

Union Pacific RR Co common

293/4 Feb

48 3/a

121%

121% Mar 31

4%

48 V\

119

45% Mar 17

Union

48 Ya

43 Ys

27

28

48

43

35% Feb

Feb

48 Ya

443/s

$4

49

107 Ya

48%

43

Preferred

40% Jan 29

107 %

13

44%

98% Mar 20

2

623%

51 Ya

127/8

*98

15

4

613%

15

51 %

12Y8

99%

Jan

2

63

'

15

52

123%

*98

94

Jan

49

15%

51 Ya

12 7/a

*85%

7

38% Jan

48%

15

513%

87

$3.50

45% Jan

483A

15

513%
*125/8

96%

$3.70

Preferred

100

123%

*85%

Preferred

15

Feb

15%
52

12%

*94%

11

86% Jan

Jan

15%
513%

12%

*107%

96% Feb

Union Oil

108

15%
52

No par
No par

Mar 31

% Jan 25

Mar

63

15%
52

pfd $4.50 ser__No par
series
No par

Un El Co of Mo

Feb

95

43% Jun

*

473/4

83

41% May

44% Mar 13

<

48%

52

15% Aug 22

26% Jan

481/4

11

1/128 Mar 31

101

*123/4

Mar 17

Jan

100

29% Jan

12%

Asbestos & Rubber Co

40

29

26% July 2
100% Nov 26

223/s Jan

104

153%
52%

*12%

Bag & Paper Corp
No par
Union Carbide & Carbon——No par

64 3/4 Jan

100% Nov

*15%
*52

5

1
No par

Udylite

■

3,400

;
,

:s

The Commercial and Financial Chronicle

(1454)

.

.

Monday, April 7, 1952

.

NEW YORK STOCK RECORD
Year

Lowest

Highest

Jun

29

20% Feb

16

18% Jan

3

28

8% Jan

12

7% Feb

13

x36'A Nov

28

Jan

29

x36% Feb

27

66

Dec

27

84 Ys Mar

59% Feb

29

67

29

Nov

24

42% Feb

8

30% Feb

27

86 Va Dec

4

96% Feb

U

86

Feb

21

90

92% Dec

6

106% Oct

9

95

Jan

2

51

2

80% Oct

18

75% Jan

4

Oct

6

136% Jan

2

Jan

128% July
45

43

151

2

38% Jan
Jan

4

3

102% Jan

31

Jan

14

146% Feb

6

76% Oct 30

3

boyaJan

9

3

68

8%

Jan

37% Jun

29

47% Jan

30

38% Feb

27

26

153% Jan

19

138% Feb

27

144

Jan

3

20% Mar 20

20

Jan

16

23

Feb

13

37% Dec

21

38% Jan

2

41

U 8 Steel

24

18% Jan

Mar 18

5% Jun

27

43% Aug 27
7% Jan 26

9y2 Jun

28

13

87

Nov

7

27/e Dec

18

24

Jan

5% Jan

3
24

89

96% Jan 24
4% Jan 22

3

Jan

17

X27% Oct

3% Jan

21

170% Jan

12

4

Jun

$4.20 noncu 2d pfd_5

13

Universal

7

26% Jan

Inc

Universal Laboratories

Tobacco

Leaf

Jan

3

1

13% Jan

11

Universal

21

57% Apr

3

60% Jan

12

26% Jan

10

29% Dec

31

29% Jan

11

Feb

2

preferred
Utah Power & Light Co

30% Jan

13

Jan

8

40% Jan

30

51

2

40% Sep

13% July

2
July 24

19

Oct

9

14% Apr

29

33% Feb

5

28

34

160

32

4

17% Jan
31

Jan

2

15% Jan

23

25% Feb

11

Dec

26

23% Oct 23

3% Dec

14

28'/a Oct

23% July
Jan

5

115% Dec

14

23"% Jan
2
116% Mar 31

117

Jan

2

115% Dec

19

116

3

117

26

Mar 27

32

89

Jan

104

105% Jan

9

Dec

3

112% Jun

29

18% Jan

WxllO

18

28% Dec

31

10% Jan

88

9

100% Jan

25% Nov 26

21

114
95

103% May

Dec

21

Dec

4

29% Jun
27

95

60

38% Dec

35% Jan

Coal

6

Va Iron

37% Jan

4

Virginia Ry Co
6% preferred

29% Mar

44% Jan

7

Visking

&

•

(The)
Vulcan Detinning Co

11

Corp

3

12

17

Feb

19

18

Jan

18

20

287/a Mar

5

31

Jan

31

X55 % Mar 26

64

Jan

30

Wabash RR 4%%

71% Feb

7

60

34

34%

34

34 'A

33

33%

*90

92

90

90

90

90

60

2,200
40

98

*97%

98

98

98

98 3A

9834

620

81 %

83

81%
145

82%

82

82%

81%

81%

11,200

146

*145

87%

145%

*66

40

145

144%

.

39

145

450

86

84

85%

85

86%

83

84

7,600

68

83

-

68

68

68

66

68

66%

67

1,200

39%

144%

145

38%

39%

39%

38%

39%

140%

140%

140%

140%

1393/a

1393A

3,800

20

20%

20%

20%

20'A

20%

20

20Va

40%

3,000

40%

*40%

40%

*40%

40 y4

40%

40%

6%

6%

6%

6 Va

10%

141%

10%

140%

20%

■

41

92

141

*89

<

•

6%

39

6%

*6%

10 VB

10

10

10

74,100

20

6%

9%

800

10

2,200

91%

*89

3%

3%

3%

3%

3ya

3

24%

3%
25

3%

25%

*24%

25%

*24

25 y2

*24

23%

25 %

23%

23%

23%

*22%

23'A

*22%

23'A

*22%

23 3A

300

2%

2%

2%

2%

23/4

23A

23A

23/4

6,600

3

2%

*24%

159%

25%

24%

160

24%

160

91%

24%

♦89

91%

3%

24%

24%

*89

24%

91%
3%

3,000
300

600

24%

24%

160

*159%

11%

12

11%

11%

12

12%

11%

♦57%

58%

57%

57%

*57%

58%

57%

57%

*57%

58%

130

30%

30 JA

30%

29%

30

29%

29%

293A

293A

29%

29%

1,800

39%
153A

39%

38%

39%

15%

39%
15%

38 3A

15%

15%

153/8

29

28%

28%

28%

28'A

28%

14%

14%

143/s

14%

143/8

14%

14%

24%

24%

24%

24%

24%

24%

24%

116%

116%

*116

120

*116

119

*116

119

117

117

*116

120

*116

120

116

116

27

27

12

120
120

/

263A

27

93%

243A

*91%

24%

25%

132

132

132

40%

15%
*28

263A

93%

*91%

24%

23%

1133/e

1133/a

100

*97%

100

100%

100'A

*993/8

100

36

*40

23

14'A

5,600

24%

24%

24%

24%

2,300

*26%

92%

*92%

36

23%

*116

119

23%

23%

23%

113%

*113%

100

*98

100'A

*99%

*40

93%

10

23%

101

100%

1,500

23%

6,900

129%

24

113%

20

26%

*92'%

93%

131%

*97%

;

30

119

*116

&'■: 26%

263A

129%

1,900

23%

23%

23%

114

101

100

100

6,100

114

*99

100

114
„

310
v

A'-'

30

*

40

*40

43

343A

35

*34%

35

800

29%

•V;' 293A

29%

29%

800

*40

29 Va

403/8

40

35%
40%

41

41

700'

i

900"

1

353A

29%

43

*29

43

35%

35%

300]!

•

{

'

*29

29%

29%

29%

41%

41'A

40%

40%

'

*17

40%
17%

*29

30

*29

30

29

29 /

*28%

29

56

57

57

57

*56%

173/8

20

14%

*40

;

43

36

'

400

14 y4

*99%; 100

"

40

2,400

14%

233A

1133/8

40

14,700

28%

131%

23%

*35

38%

,15%

23%

*97%

2,500

14%

1313/4

113%

50

12

38%

23%

23 ya

39 >%

160

28%

130%

1133/a

160

15 Va

15%

24%

100

160

28%

38%
*28

131%

131

*97%

23%

159%

263%

92%

92%

23%

132

160

*26 %

1133/8

10

common

200

61

34

12%

*91%

100

7%-' preferred

2,500

37%

*24%

3

116

pfd-—25
25
25
5

4%

common

8,900

8%

37%

97%

10%

116

com—No par

Coke

42 •' Feb

Apr

Jan

32

100% Mar 25

•60

*8

.

82%

10 VB

92
3%
25%
23 Va

*26%

Virginia Elec & Power Co com—_10
$5 preferred
100
$4.04 dividend preferred
100
$4.20 dividend preferred
100

8

Mar 12

40

8

20 !/2 Jan

2

14

x27% Jan

3

Oct

48

20

16% July

34% Feb 21

6

31% Mar

29

July 16

98% Jan 22
38 ' Jan 80

7
Mar 26

Feb

8'A
37'A

24%

100

preferred

61

Shares

19%

98

6%

*89

37'A

19%

92

33%
*90

6%

10

37

•60

20

*8

14%

common—5

div partic preferred

6%

23% Mar 20

2

8

Mar 12

26

40

19

*97%

61

19 %

8%

Apr. 4

*28 3A

com—100
preferred——100

Va-Carolina Chemical

19

137% Jan

21% Jan

106% Jan 26

3% %

2

29% Jan

19

110% Jan

28

94

5

26

Feb

126

*59%

33%
91%

6%

39%

noncumul

60

33

57%

Vicks Shreve & Pacific Ry

5%

60

20%

57'/2
*29%

Victor Chemical Works

2

37

141

100
*

Vertientes-Camaguey Sugar Co„6%
Vick Chemical Co__
2.50

24

Jan
92 % Apr

1

Nov
Nov

95

Apr

20

22% Mar
116% Feb

Jan

21% Feb

28

Dec

140

3

14

37%

*90

12%

Inc

Van Raalte Co

Mar 31

34% July 13

14

Co

Van Norman

16

37

39%

of America—No par
2.50
10

Vanadium Corp

4

5

Mar

37%

19%

*8

85%

*12'A

4%%

19%

8%

*66

1

Inc com

Pictures Co

19%

*8

the Week

Friday

Apr. 3

*15%

100

14

11% Apr

156

19%

Sales for

Thursday

Apr. 2

37%

*24%
25%
*159% 160

com_No par

preferred

8%

Jan

14% Sep 26
64
Oct 19

PRICES

Wednesday

8%

♦40%

2%

—1

SALE

Apr. 1

20%
41

*89
*3%
*24'/2
*22 V2

Paper Inc

convertible

HIGH

Tuesday

19%

*8

141% 141%

10

convertible

4%

2

24% Feb

15

Nov

8% Jun

155

*

preferred—No par
common—2
preferred
50
Universal-Cyclops Steel Corp
1

2% Mar 14

*144%

*40'/a
*6%,

United Wall

30

26

*144y2 146
86% 87%
*66'/2 68
39%
40%

preferred—25
Stockyards Corp
1

18

25% Jan

6

81%

20%

19

$6

81%

No par

common

Jan

22% Mar 10

Oct

*—100

Co

4% Jan

90
27

24

81%

'90

noncumulatlve

7%
United

18

24% Jan

*97%

8'A
37%
61
33%
91V2
98

37%
'59%
'32%

No par

Corp common

preferred

United Stores

Jan

8

28

7%

U 8 Tobacco

11

10% Jan

Mar 14

5% Jan

9

30

6% Mar 13

7

9% Jan

17

27 y2 Jun

22% Jun 29
2% May 15
22 % Jan

Feb

42% Jan

19%

19%

*8

50

AND

Mar. 31

19%

100

1st preferred

noncum

preferred

7%

Mar 28

138 y< Dec

1

common

Smelting Ref & Mm com—50

U S

87% Mar 29

61

8

Co

Monday

Mar. 29

preferred
——10
U S Pipe & Foundry Oo
20
U S Playing Card Co
10
U 8 Plywood Corp common
1
3% '/o preferred series A
100
3%% preferred series B
100
U 8 Rubber Co common
10

Mar 28

86

Saturday
Par

4'/2 %

10

34% Jan

Lines

U S

17

8% Mar 24

67% Mar

Mar 28

57% July

6

Jan

20

LOW

STOCK

YORK

EXCHANGE

Highest

7% Dec

17

NEW

Since Jan. 1

Range

1951

Lowest

STOCKS

i,

Range for Previous

17%

173/a

17%

17

17%

17%

293%

;

40 y2

40

♦163A

17'%

*28%

17
'

29

29

70.1

29

•

11

Dec

29

13% Feb

13

11% Jan

27

Jun

29

x29% Feb

13

27% Apr

45% May 24
87/b Jan
4

,

25

56% Oct

11% Jan

29% Jan

14

13

51% Jan

7

10

10% Jan

14

12% Oct

15

23

17% Jan

11

Jun

12

98

Jan

12

104

23

Waldorf

9

2
43% Feb 20

21% Feb

17% July 27

97% Oct

2

11% Mar 28

15% Sep

25

19% Nov

19% Mar

Walker

30

Walworth
Ward

7

W

5

15% Feb

25

Warner

20% Jan

30

Warner-Hudnut

35% Jan

Bros

27

18% Jan

19

21

Feb

26

14% Jan

22

9% Jan

2

11% Jan

19

Webster

4

32% Jan

5

&

Knitting

29%

28%

28%'

*28%

30%

30%

29%

30%

29%

29%

29%

29%

29%

29%

30'A

29%

Wesson

Oil

82

Dec

31

89% Feb

15

80% Feb

28

83% Mar 10

30

Mar 14

41% Oct

17

x36 % Feb

27

41% Jan

9

West Indies Sugar

Mar 22

27% Jan

5

West

Kentucky

West

Penn

30

23

Jan 27

27

Jan

24

29% Dec

4

101

Nov

27

112% Jan

23

96% Dec

19

107

Feb

14

95

Jun

107% Feb

22

96ya Jan

20% Feb

19

106 '

Aug

111

8

Feb

Jan

30

103

Apr

1

Feb

27

106% Jan

108% Jan

8

24

Range for Previous

17%

17%

Range Since Jan. 1
Lowest

Highest

NEW YORK

_5

*9%

10

97/a

9%

9%

com—2.50

29%

29%

29%

29%

83%

*82%

Apr

18

Apr

3

15% Jan

7

Western

Air

54

Oct

8

48% Jan

2

53% Mar 13

Western

Auto

Jun

29

29% Feb

26

20% Jan

9

35% Feb

27

23% Apr
38% Apr

46% Feb

20

55% Apr

Western

49% Mar

8

4%

46'/2 May 24
84% July
9
32% Jun 28

58% Oct

5

94% Jan

24

89

47% Feb

13

37% Mar 28

45% Feb

24% July

28% July 30

Mar 11

27% Jan

30

25

40% Jan

7

2

6

25

4

Mar

34% Jan
93% Dec

2

42% Oct

15

x34% Feb

6

104% Feb

7

95% Jan

30% July

2

42% Oct

6

34

Jan

19

127

Feb

125

33% Jun

126

8

46% Oct 15

28

84% Jun

25

29% Jan

26

25% July
12

Oct

94

Mar 27

30

3

Mar 20

127

41% Jan
89% Jan

Mar 19

30

22

Feb

13

26% Feb

20

29% Jan

11% Apr

4

$5

14% Jan

34% Jan

36% July 31

29% Jan

9

31% Mar 21

15% Jan

26

21

2

26

Apr

3

2

12

Jan

2

17% Jan
8% Mar

4

14

65% Dec

21

75

Feb

9

65% Feb

27

10% Jan
68% Jan

17%

21

21

13%

13%

13%

9%

9%

9%

9%

9%

29%

29%

29.;

29%

83

83

500:

7% July

38%

38%

38 y4

38%

2,100'

24

24%

23%

24

3,100

30%.

31

'107%

108%

"103

105

105

307/a

31%

30%

30%

30%

30%

j

210;,

Jun

28

4

12% Feb

20

71% Dec

28

87% Feb

5

72

Jan

12% Jan

25

17% Nov

19

12

15% Jan

*99%

102

:

.

10?%. ,107%,
*•4103. •*! 103 ' >
v
*99% 102
_

•

*4103

.

*107%

107%

<k 1073/4

105

t

)'

108%

*103

105

*99%

102

*99%

110
20

102

15 Vb

15 ; r

15

15

15

14%

147/a

14%

14%

2,000

74%

73%

73%

73%

73%

73

75%

75%

75%

1,400

*107

108%,

>107%

108%

*107%

108%

108%

*107%

108%

10

LOW

Monday

Mar. 29

AND

Mar. 31

13%

13%

13%

527/a

52%

52%

53

227/a

23

22%

23%

37%

*37

5iy2

*37

52

*90V2

93

51

HIGH

*107%
SALE

Tuesday

PRICES
'

the Week

Friday

Thursday

Apr. 2

Apr. 3

Shares

Apr. 4
~

13%

13%

13%

13%

*52%

52%

52%

52%

*52%

52%

*52%

52%

600

23

23%

23%

23%

23 Va

23%

23 Va

23%

14,800

38

37

38

38

38%

*37%

38%

38%

1,100

52%

54%

55%

54%

22,400

13

13%

13

13%

*37

5,500

53 %

54%

55%

54%

55%

92

91

92

93

92%

92%

92 %

93

38%

38%

38%

38

38%

37%

38%

38

38%

13,500

25 '/2

25%

25%

25%

25%

25%

25%

25%

25%

25%

25%

25%

5,800

com——12%

36%

37

36%

37

36%

37

36%

36 %

36%

36%

36%

20,900

*93V4

99

98%

98%

98%

99

*99

99%

*98%

99 V2

99%

99%

400

*35

36

35%

35%

35%

35%

*35%

36

35%

36

35%

35%

__

*126'A

37'A

38

37%

37%

Air

Brake

Electric

»

Instrument

12.50

100

No par
preference—No par

prior

conv

10

Machine

*126%

*126%

38 Va

*126%

38

38%

87

38%

88

37%

*92%

36%

*126%

—

37%

*126%

—

700

800

37%

37%

9,300

*87

88

87%

87%

86%

86%

86%

87%

'33%

33 %

*33%

33%

33%

33%

*33%

33%

33%

33%

34

34

21 Va

27%

27%

27%

27%

27%

27%

27%

27%

27%

27%

27%

3,900

1

12

12%

12

12%

12%

12%

12

12

12V8

11%

12

4,300

*31%

31%

*31%

31%

300

24%

253/a

253/4

13,400

93/4

26,400

*86%

88

20

31'/2

31%

*31%

31%

31%

31%

*31%

12%
31%

-5

preference

22%

22%

22%

22%

22%

23%

22%

233A

Willys-Overland Motors common—1
$4.50 conv pfd series A
No par
Wilson

13

15

$4.25 preferred ———No par
Wilson-Jones Co
10

15% Apr

17% Jan

22

75% Feb
14% Jan
17% Feb

19

Winn

4

237/a Dec

3

22% Jan

3

128

Dec

15

140% Jan

10

128% Jan

15

45

Jan

3

54% Dec

5

53

Jan

9

25% Feb 28
133% Mar 12
64

''

Wisconsin

6%

42% Feb

27

44% Jan

23

23% Jun

25

29% Sep
6
84% Mar 12

26% Feb

20

28% Feb

2

76% Jan
97% Feb

8

83% Feb

5

108

25

69% Nov 21
12% July

36% Jan
11

Sep

6

48

20

105

Feb

2

71

Jan

2

75% Jan

14

12

Feb

21

13% Feb

1

X35% Mar 12

40% Jan

79% Apr 17
21% Jan' 2

2

Aug 17

,

Prior

320

600

3

Yale

13% Jan

8

17% Mar 31

York

39 % Jan

2

43% Jan

28

41 % Oct

8

28

1

34 :" Jan

7

45% Feb

29

50% Jan

2
24

45 % Jun

59% Feb

2

197/a Jan

17

Mar

157/a Mar 12

17% Jan

&

71% Feb

*Bid
sales,

and

13

*5% Feb

4% July

5

asked

wd When

prices;

distributed,

68

Jan

2

79% Mar

.5% Jan

"4%, Jan 12
no
x

sales

on

this

Ex-dividend,




day.

tin

I2y2

*16%

.

93/4

97/8

67%'

67 V2

12%

'12%

12%

74

*73%

74

14

14

16%

16%

12%

13%
16%

12%

12%

12%

9%
*67

12%

12%

12%
74

*73%

74

14%

*133/4

14%

*13%

15%,

16%

16%

16 Va

16 Va

5,900 j
100 1

14

600'

16%

59

10

42%

43

43

43%

43%

433/s

43%

433/8

27%

28

27%

28

27%

28%

27%

27%

100

*80%

81

*80%

80%

80%

80%

80

80

*80

81

*80

series—100

*101%

103

102

102

*101

3,000!..

•

81
103

conv

(Del)

—No par

73%

5

*12%

Mfg

25

*37%

Co

'

24%
139

24%
139

241/8
>133%
59

24

233/4

24%

*58%

59

*233/4
*135

140

*135

139

24

23%

140

*136

23%

1,300: ;
—!'

141

58%

1,300!

43%

43%

10,600!

27%

27%

59

56 3A

43%

43%

273A

28 y8

*58%

59

'

f

*100

103

73%

72%

72%

72

72%

72

72

71%

71%

71%

71%

13

13

13

12%

13

12%

12%

12%

12%

12%

12%

1,800; i

375/8

*37%

37%
17 Vb

'37%

500, {

17%

23,7001'

38%

17

17%

42

42

•

24

*133%

3,400'.1
50; i
90')
l,2C0l'

1

&

V

i

300 ;

74

74

14%

*73

,13% .14%
16%
16%

68

59

common

102

*37%
17%
*42

102

38%

102

102

373A

37%

373A

38

,

:

17%

163/4

17%

j.

17%

17

17%

43

43

43

*42%

43%

43

43

313A

*303A

31%

31

31%

30 3A

31

.473/8

46%

47

46%

47

46

46%

16

16

16

16

16

16

16

79%

77%

78

78

78%

76

77

31

31

31%

313A

31%

47

48 Va

47%

473A

46

16

16%

16

16%

16

79

79%

79

793A

78

17

,

.

*43

44

300

:•

1,200

•

13,300

.

2,300v

i

•

7

Zenith

Radio

29

Zonite

Products

or

9%
673/a

591%

•

" r

93/4
61%

59

convertible

•

10%

673A

*73

74

13 y2

9%
67%

*24

Tube—No par
Youngstown Steel Door
No par

receivership,

12%
*73

10

67%

common—No par

Jr

Young (L A)
Youngstown Sheet

,iy>

47% Jan
„

9%

*66%

preferred
50
Spring & Wire-No par

4%%

...

9%
67%

*134

Co

Corp

Towne

Corp

9%
*66%

10

—

1

•

'

com—10

W)

(Wm)

26

100

pfd 4%%

Wrigley

14

15% July

Co

Wyandotte Worsted Co

14

30% Jan

Power

Prior preferred 4%% series

Jun

48

(F

Worthington

17% Jun

Jan

37% Dec

Elec

1

preferred

Woolworth

5

25

Grocery Co__

Woodward Iron Co_—

46% Feb

Jun

& Lovett

common—No par

25

2g

75% Jan

Inc

Co

Jan

41% Jun

90

&

'

—

1
com

Sewing

*

*90%

20

S S)

5

2

''

Sales for

Wednesday

Apr. 1

37%

13% Mar 25

12% Jan

1

9,500

'

102

100

Wilcox Oil Co—

17

.

*82%

*83

.

Apr 30

!

1,700'

4,700 j
3,600i i

.

38%

Electric

Prior

17%

20%

13%

83%

15'/a

No par

White

28% Nov 20

17%

20%

387/a

13 Va

White

2

1,300.

*17%
••

'

600

24%

No par

Teleg cl A

White Dental Mfg (The
Motor Co—

7

j
4,900'}

24%

100

Wheeling & Lake Erie Ry
Wheeling Steel Corp com

30

30%

preferred series B—100

3.80%
Weston

Mar 20

30

38%

83%

1

com

30%

7,700,;
8,400'

*73

preferred—100

RR

30%

38

Union

Westinghouse
Westinghouse

4

36

85

f

Pacific

Western

99% Apr

Apr

2nd

noncum

29

29%

387/a

10

Co

*28%

30

24%

]'■ A'v.v-'

Inc

Supply

?

30

Saturday

Preferred series A

Apr

23

Jan

36% Mar U

38% Sep
5
31% May 4
23% Mar 19

2

93

Lines

29

38%

*99%

v

Western Maryland Ry com

2

18

32% Nov

13

17

24%

Par

16

16%

39

*103

STOCK

15

17%

14,700

31%
31 Va
107% 107%

No par

pfd——100

10

14%

24%

39
24Va

4

11% Jan

14%

29%
83%

*83

—1

40% Jan

■

13%

.

20

14%

17%

20%

13%

EXCHANGE

Highest

1,400'

14%

v

177/8

20%

13%

:

10,000'

18%
102

"

20%

Co__

400

10%

177/a

*100%

17%

STOCKS

1951

Year

Lowest

18

102

13%

preferred series B__—100
4.10%
preferred series C
100
West Virginia Coal & Coke
5
West Va Pulp & Paper com—No par
4%% preferred —
——...100;

3

83

17%

*100%

20%

Co

10%

18

102

17%

Corp

Electric

18

*100%

13%

preferred—No par
Coal

18%
101

21%

*21

4.20%

29

Jan

102

Jan

73

convertible

West Penn Power 4%%

7

16% Jan

9

98

13

98% Sep

Mar 14

7

109

2

14% Apr
4
Feb 20

2

15% July 30
75

32% Mar

2

29% Jan

106% Mar 18

$4

17%

18%

*101

13%

——•

Snowdrift

&

18 Va

101

1

5

Inc_

Tobacco

36% Jan 29

20% July 25

£

—

.

18

Apr

Co—No par

Mills

29 % July

10%

*28%

Waukesha Motor Co—

Wayne

10%

29

Corp

Wayne Pump Co

Mar 27

10%

30%

Washington Gas Light

19% Feb

10 %

29

4

29

2.50

30 V2

Petroleum

19

2,900: ;

Pipe—_No par
3

Foundry

Warren

11% Oct

47%

177/a

Warren

2

47

17%'

2

7% Jan

47%
10%

i

177/a

5

21

47

V 47
10%
10%

177/a

30

Feb

47

17%

Feb

13

47%

17%

33

xl7

47

1

30% Apr

5

47%
10%

Inc

7

4

47'A

14% " 14%

1

13

1,200:

14%

28% Jan
25% Jan

18% Feb

28

14%

28% Apr

20% Oct

1,100'

28

14%

7
1

25% Feb

11%

27%

14%

23

2

*11%

27%

5

34% Feb

12

11%

28

Pictures

43% Jan

29

11%

28

18'/a

5

15% July

11%

28%

*100%

29

19% Oct

57

11%

21%

_1

Jun

13% Dec

*56

11%

28%

100

Jun

23% May 25

58

11%

common

26

Mar

57

11%

*28'/a

preferred

28

27

56

*11%

No par
No par

-

Co

5'/a%

16% Apr ■' 4

5

G &

Co

Baking

25

Mar

100

preferred

No par

System
Co
(Hiram)

Walgreen

102% Jan

14 >

26

16% Jun

Jan

W >

•

;
54"% Jun

Corp

Corp

No par
;

I

5%

5%

5%

53/a

-

53/a

petition has been filed for company's reorganization, a Deferred delivery.
(y5th share of 4%% preferred ($50 par)„fpr each share, held).

jEx-rlghts.zEx-stock .dividend

.

—

•

53/8

5% *

53%

5%

5%

5%

dName changed from American Stove Co.
.

B

,

5,000' '

53/b

3,200

r Clash sales.

V,r

s8pecial
:

......

r

Number 5105

Volume 175

..

The Commercial and Financial Chronicle

.

Bond Record

New York Stock

cc»
FRIDAY

The

Italic

letters

In

the

column

headed

after

Figures

(1455)

WEEKLY

-

"Interest

decimal

y~K\*

Period" indicate In each case the month when the bonds mature.1

point

represent one

GOVERNMENT BONDS

Year 1951

'

i

Range Since Jan. 1

Lowest

NEW

Highest

Lowest

Highest

YORK

32d of

more

or

point.

a

Saturday

AND

Mar. 31

Low

Low

May

109.9

16

100.4

Apr~~9

—1955-1960

<"105.5

1956-1959

*106.28

107.2

-1958-1963

*108.14

108.20

2%s

1960-1965

*110.16

110.22

—1956-1958

*101.18
*98.26

98.30

*97.28

98

—

9

,

96.19 Jan

9

105.9
107.2
108.20
110.22

101.22

Treasury 2V2S—
1962-1967
Treasury 2M2s.
—1963-1968
Treasury 2y2S
___Jun 1964-1969
Treasury 2 Vis
,^_Dec 1964-1969

Treasury 2%s

96.19 Jan

<"105.5
*106.28
*108.14
*110.16

105.9

2%s
2%s

Treasury

May 10

July

98.20

•

9

27/eS

Treasury
109.8

Higb

High

*97.5

^

>105.4

*96.31

PRICES

Wednesday

"

Thursday
Apr. 3

Apr. 2
Low
High

Low

High

96.20 Mar 18

97.17 Apr
96.1

98.7

Apr

Treasury

13

Ja~n"l6

100.21

96.17 Mar 18

96.17 Mar 18

2V2s

Treasury

18

"31

Dec

Treasury
Treasury

2%s

July 16

July 16

102.18 Jan 29

102.18 Jan 29

100.3

Oct

100.19 Mar

4

105.8

*105.6

105.10

*105.6

105.10

*105.6

107

*106.28

107

*106.30

107.2

*106.30

*108.18

108.22

*108.20

108.20

*108.24

108.24

*110.22

110.26

*110.24

110.28

*110.24

110.28

*110.26

110.30

*101.19

101.24

*101.21

101.24

101.22

*101.21

♦98.30

99.2

*99.4

99.8

*97.30

98.2

*98.4

98.8

97.8"

*97.'8"

97.12

97.6

*97.4

97.8

/*97'.4
*97.2

*101.22
*99.8

99.12

98.12

;*98.8

£8.12

tJ"*97;iO

97.14

*97.6

*97.12

Jan

18

100.3

Jan

100.3

1

101.28 Jan

27

-

97.16

*®7.6

97.10

97.10

-i
■

—f

"

;

'-4

97.4. '

*97,2

97.6

*91,2

97.6

*96.30

97.2

*96.30

97.2

*97.30

97.2

97

*96.30

97.2

*96.30

97.2

*97.30

97.2

98.6

*98.8

98.12

*98.8

98.12

*98.10

98.14

97

*96.30

97.2

*96.30

97.2

*96.30

97.2

♦96,30

97.2

96.31

*96.26

96.30

*96.30

97.2

*"96.25

96.29

*96.28

*97.30

98.2

*"97.26

97.30

*98.2

*"96.25

96.29

*96.28

100.25

<"100.24

100.26

*100.28

100.30

*101.3

101.5

*101.3

101.5

*101.2

101.4

100.15

*100.15

100.17

*100.15

100.17

*100.15

100.17

*100.15

100.17

Jun 1967-1972

—Sep 1967-1972

Treasury

2%s

Dec 1967-1972

*96.30

2%s

1957-1959

*100.23

'

.

97.2

—T

—t

1952-1955

*100.13

100.15

*"100.13

1954-1956

*102.16

102.20

*102.18

102.22

*102.18

102.22

*102.20 102.24

*102.20

102.24

*102.20

*100.10

100.14

*100.11

100.15

*100.16

100.19

*100.21

100.24

*100.21

100.24

*100.19

—T

102.24

1956-1959

Mar 18

100.3

Mar 18

18

Treasury 2y4s
Treasury 2y4s
Treasury 2>/4s
Treasury 2y4s
Treasury 2s

100.22

Jun 1959-1962

15

Jan

31

96.20 Nov

8

99.9

Aug 20

95.16 Jan

95

22

96.12 Apr
96.4 Apr

4

97.24 Nov 27

96.28 Jan

21

97.24 Feb

*97.25

98.6

100.4

100.6

*100.4

1D0.6

*100.5

100.7

100.6

*100.4
*100.3

100.6

*100.5

100.7

*100.6

100.8

100.5

*100.4

100.6

*100.5

100.7

101.11

*101.6

101.10

*101.8

101.12

*101.6

2s

1952-1953

*100.4

2s

Jun 1952-1954

*100.4

Treasury 2s
Treasury 2s

Dec 1952-1954

*100.4

100.6

1953-1955
Bank

27

3

*101.5

for

&

100.5

*101.7

101.9

*100.3

*100.6

—*

98.20

98.4

*100.4

100.5

*98.2

98.6

*98.4

98.8

100.7

*100.4

100.7

*100.4

100.7

*100.6

100.8

*100.6

100.8

*100.6

100.8

*100.6

100.8

*100.5

100.7

*100.5

100.7

101.10

*101.6

101.10

*98

97.30

*97.26

97.26

*98.16

98.20

*98.16

*98.2

*97.22
*100.1

*100.2

Treasury
Treasury

93.18

*98.14

98.10

*98.6

98.10

97.2g

1952-1955

2

96.24 Dec

*98.6

Dec 1959-1962

Reconstruction
Dec

1

101.25 '

99.12

*98.§

.

,

"*97

—T

V

*09.8

"

97.3

105/10> "
107.2 ;'V

87.1

2y2s

International
95.7

the WeeH
Bonds (•:

i

103.2

'

100

:

*"98.29

2'/2s

2y4s

foi

Sales

•

"

*"96.27

*96.30

97.5.

*97.1

1966-1971

Treasury
Treasury
103.2

1

High

.97.2

1965-1970

-

Low

108.20

•'

96.20 Mar 18

Friday
Apr. 4

'

*106.20

*101.17 101.21
98.29
*97.25
97.29
.*97.2
.97.6

97.9

SALE

*108.16

! *98.25

97.6

*97.2

HIGH

Tuesday
Apr. 1
Low
High

Monday

Mar. 29

.

STOCK

EXCHANGE

Treasury
Treasury

Exchange

YEARLY

•

LOW

Range for Previous

,....

27

100.8

'

Development
July 15 1972

*95.16

96.16

*95.16

96.16

*95.16

96.16

96

13,000

Mar

1 1976

*95.8

96.8

*95.8

96.8

*95.8

96.8

96.4

*95.3

96.8

14,000

Oct

1 1981

*97.16

98.16

*97.16

98.16

*97.16

98.16

*97.16

98.16

*97.16

98.16

♦97.8

98.8

2s serials of '50 due Feb 15 1953
3s serials of'50 due Feb 15 1954

*99.16

100.16

*99.16

100.16

*99.16

100.16

*99.16

100.16

*99.16

100.16

*99.16

100.16

*99.16

100.16

*99.16

100.16

*99.16

100.16

*99.16

2s serials of '50 due Feb 15 1955

*98.16

100

*98.16

100

♦98.16

100

*98.16

100

*98.16

2s serials of '50 due Feb 15 1956

*97

25-year 3s
25-year 3s
30-year 3y4s

*97

98.16

*97

98.16

*95.16

96

96.12

96

96.4

*99.16

100.16

100.16

*99.16

100.16

100

*98:16

100

98.16

*97

98.16

96.12

96.16

96.4

*97

98.16

•97

97

*95.16

98.16

2s serials of '50 due Feb 15 1957

*95.16

97

*95.16

97

*95.16

97

*95.16

97

*95.16

'2s serials of'50 due Feb 15 1958
2s serials of '50 due Feb 151959

*94.16

96

*94.16

96

*94.16

96

*94.16

96

*94.16

96

*94.16

96

95

*93

95

*93

95

*93

•Bid and

asked

price.

No sales transacted this day.

a

Odd lot transactions,

r

*93

95

*93

95

94

*92

94

*92

94

*92

94

*92

94

*92

94

*90.16
'

95

*92

2s serials of '50 due Feb 15 1960

2s serials of '50 due Feb 15 1961
2s serials of'50 due Feb 15 1962

97

*93

92.16

*90.16

92.16

*90.16

92.16

•90.16

92.16

*90.16

92.16

*90.16

92.16

*89.16

91.16

*89.16

91.16

*89.16

91.16

*89.16

91.16

*89.16

91.16

*89.16

91.16

Registered bond transactions.

11 :•

RANGE FOR WEEK ENDED APRIL 4

Friday
BONDS

Interest,

New York Stock Exchange

Period

Last

Week's
or

Sale Price

Friday's

Stock

No.

High

Jan. 1

Low

High

New York Stock

Brazil

Corporate

110:

110

110 *ft

84

108

110ft

series No.

June-Dec
June-Dec
June-Dec
June-Dec
June-Dec
June-Dec
June-Dec
—June-Dec
June-Dec
June-Dec
June-Dec

9
10

series No.

11

3%s
3%s

series No.

12
13

3%s

series

14

3%s

series No.

3%s

series No.

3%s

series No.
No.

15—
16

3%s

series No.

17

3%s

series

18

3%s

series No.

19

3%s

Foreign Securities

series No.

20—

No.

3%s series

No.

33/4s

series

No.

3%s

series

No.

23

series

No.

24

3%s

Members

REctor 2-2300

120

New

York Stock

21.;
22—

3%s

Broadway, New York

NY

25

No.

26—

series No.

27

3%s

series

No.

28

3%s

1-1693

No.

series

3%s

Teletype

Exchange

series

3%s

Wertheim & Co.
Telephone

series

No.

29

33/4s
Brisbane

series No.

—

30

fund
Sinking fund gold 5s 1958

Foreign Government and Municipal

Caldas

Agricultural Mortgage Bank (Colombia) —
§AGuaranteed sinking fund 6s 1947
Feb-Aug
AGuaranteed sinking fund 6s
1948
April-Oct
Akershus (Kingdom of Norway) 4s 1968—Mar-Sep
SAAntioquia (Dept) collateral 7s A 1945—Jan-July
SAExternal sinking fund 7s ser B 1945—Jan-July
SAExternal sinking fund 7s ser C 1945—Jan-July
SAExternal sinking fund 7s ser D 1945—Jan-July
AExternal

sinking fund 7s 1st

ser

1957-April-Oct

AExternal

sec

sink

fd

7s

2nd

ser

AExternal

sec

sink

fd

7s

3rd

ser

—

—

f $ bonds

Jan-July

1978

*88
*88

66

96

——

*60

V'-V:
'*

'

'

•——

*60

44%

,v

95 %

65%

67%

67

.'

66

I

67 %

5

47

(City)

Jun-Dec
Jan-July

external 5s 1958—
Australia (Commonwealth) 5s 1955
10-year 3V4s

June-Dec

3V2s

1966

15-year 3%s 1962
Belgium (Kingdom of)
External

sinking fund 7s 1955

6%s of

1927 due

A7s

(Central Ry) 1952
Stamped pursuant to Plan A

A 6s

3%s

series No.

1

1957

—

*104%

April-Oct

June-Dec

5

3%s series No.

7

3%s series No.

8—




108

—

65%

106

110%

12

—

65%

—

66

12

—

—

—

~

—

~

—

—

66

66

63%

63%

80

81

—

60%

61

—

June-Dec
June-Dec

——

3%s series No.

see

108%

June-Dec

3
4

footnotes

87%

61%

12
--

61%

page

—

June-Dec

108

AExternal
A6s

76 V2

A 6s

sink

fund

79%

80

76%

--

1963

bds

2y2s-3s

•••
——

•

77

•

77

19

-4'

.V;

— —

78

.

78%

*75

80%
83%

78%

67%

91

80

*75

79%

'

——

80 »/2
82

*75

60%

84%
91

——

80

80

78

*75

80

*75

'

■

81%

77

81%

*75

78%

78

5

97%

101%

101% 102

5

97%

102

45%

45

13

96

96

■:

101%
94%

10

.

6

38 %

37%

■

•

' V

44%

47

58

42%

57%

58%

38%

42%

1

57%

58

3

38%

43

57

58%

-

——

'
■

——

.

38%

*56

®%

96%
64

56
— —

38%

*56

—

—

2
—

38%

3

37%

43

57

59 Va

38%

58%

38%

40%

*56

Afay-Nov
Afay-Nov

57

58

40%

42%

37%

41%

*38

38 y2

37%

—-

tmmm

38%
38%

92

For Financial Institutions

SECURITIES

FIRM TRADING MARKETS

64 y4
94

1

65%

67%

r?ARL MARKS & rQ. lNC.

6

63%

65%

FOREIGN SECURITIES SPECIALISTS

80

84

78%
81%

79

78%

81%

81%

81%

11

81%

78

20

77%

82%

50 Broad St.,

New York 4, N. Y.

F474

77%

8

•76%

80

78%

83%

•82

-i

82%

83%

75%

75%

81

75%

Telephone HAnover 2-0050

43

58

*38 V*

*56

61

21

96

94%

40%

45%

45
*56

*38%

38 %

47

103%

64

96%

96 %

*70 Ma

45

17

25

101% 102'/a

94

13
—

80%

10QJ/2 101%

101%

38 y»

FOREIGN

80

79%
80

'

*78

91

91

78%

77
81

„

*75

94

65%

n

77

82%

——

*77%
*75

82 ■'

*

77

*75

80%
86 y4

78%

'

80

57%

1993—June-Dec

76%
80

5

76%

*75.

April-Oct

1963

dollar

81%

*75

1961—Mar-Sept
Mar-Sept
1962
April-Oct

1962

sinking fund 6s

assented

77

81%

*75

6s Sept

Sept 1961
sinking fund 6s

assented

AExternal

Extl

sinking fund

assented

78%

77

713%

92

June-Dec

June-Dec
31

A 6s

90%

77

57%

Jan-July

1961

Jan

82

*79

81%

Feb-Aug
Feb-Aug

1

High

82

*56

1961—_

Feb

78%

„

*38 y4

1961

6s Feb

77%

108

June-Dec
.

AExternal

80

82
'

(interest

2

3%s series. No.

87%

83

assented

1

Aprii-Oct

1960

sinking fund

assented

82

35

.

*75

ARy external sinking fund 6s Jan 1961—Jan-July

87%

84%

25

8

Stamped pursuant to Plan A (interest
reduced to 3.375%)
1970—
April-Oct
External dollar bonds of 1944 (Plan B) —

33/4s series No.

85%

3

86%

29

(interest
April-Oct
June-Dec

reduced to 3.5%)
1978
5% funding bonds of 1931 due 1951

No.

93%

93%
86%

June-Dec

Stamped pursuant to Plan A
reduced to 3.375%)
1979

series

92

93%

assented

AExternal

Low

82

88%
77!/a

April-Oct

sinking fund 6s 1960

Jan

No.

*75

—

A 6s

95%

87%

s f 6%s of 1926 due 1957
April-Oct
Stamped pursuant to Plan A (interest
reduced to 3.375%)
1979
April-Oct

3%s

101 Va

92%

87

AExternal

f

100%

Jan-July

1955

6s

102%

99

86
86

100

134

95%

85%

(U S of) external 8s 1941
June-Dec
Stamped pursuant to Plan A (interest
reduced to 3.5%)
1978
June-Dec

s

100% 100%

13

Feb-Aug

lABrazil

AExternal

100

94%

June-Dec
June-Dec

20-year

-

100%

Feb-Aug

1956

10-year 3V4s 1957
20-year 3V2s 1967

(

100

5s

Range Since

Sold

High

*75

2%s
1974
Mar-Sept
2%
1975
Mar-Sept
(City)
8s
1954
Jan-July
Cauca Val (Dept of) 30-yr 3s s f $ bds 1978_Jan-July
SAChile (Republic) external s f 7s 1942—_May-Noy
§A7s assented 1942—
May-Nov

A 6s

Antwerp

sinking

June-Dec
June-Dec
June-Dec
June-Dec
June-Dec
—June-Dec
June-Dec
June-Dec
June-Dec
June-Dec
June-Dec
1957—-Afar-Sept
—Feb-Aug

Bonds

Friday's

77%

(Dept of) 30-yr 3s s f $ bonds 191 B.J an-July
(Dominion of) 314s 1961Jan-July

AExternal

or

Bid & Asked

88

25-year
25-year

67%

44%

(City)

Week's Range

*75 V*

ACarlsbad

67%
67

65%

-.W

66

67

•

.

44%

67%

66%

•

*60
66

94
— —

*60

*60

—

«...

*93%

*60
:

1957_Aprii-Oct

s

__

—

1957_April-Oct

30-year 3s

Canada
__

Last
Sale Price

Low

3%s series No.
32

Friday

Period

Exchange

(continued)—

3%s

—June-Dec

1980—

-

Interest

BONDS

Range Since

Sold

New York OMr
Unification Issue—

3%

Bonds

Bid & Asked
Low

Transit

-

Range

Teletype NY 1-971

?"«•

r,

.

*

f

r

+,i«

.

j

.i

i

t»*•»*

The Commercial and Financial Chronicle

(1456)

.

.

.

Monday, April 7, 1952

NEW YORK BOND RECORD
RANGE

Friday
Interest

bonds

Last

Period

Exchange

New York Stock

or

Sale Price

assented

A6%s

AGuaranteed

assented

A 6s

assented

Consol

AChilean

A 6s

Ry)
5s
of)—

(Republic

of

1928

of

Cuba

Rica

(Republic

(Republic of)

of)

4Vis

High

Low

58

—

40%

38%

56

Stamped pursuant to Plan A
reduced to 2.25%)
2004

..'57%

41%

43

57%

57%

"38%

39%

42 Vi

"56

57%

58%

"38%

42%

42%

5

1951

7s

external

Cundinamarca

5%

-May-New
June-Dec

1977

99'A

52%
*61

53%
—

*61

Vi

81%

28

78

17

72%

4

39%

45%

110

—

A7s

I'E

49

95%

99%

Serbs

96%

98%

94

94

1

94

98

82%

84

57

78

84

2

External

gold

External

6s

Jan-June

1942

gold 4 Vis 1962
(Republic of)—

El

Salvador

4s

extl

f

s

dollar

3Vis extl

s

3s

f

extl

s

AEstonia

Great

5Vis

bonds

1st

A6 Vis

Greek

dollar

bonds

of)

&

1976

1

Croats

13

*80

80

80

A7s

part

A 6s

part

paid
paid

63

63

1

62

64

55%

55%

1

54 %

55%

10

10

1

10

10%

88

94%

22

84

94%

86

90

10

82'A

90

Italian

A5%s

9%

*8%

Feb-Augr
1960

3%
Italian

f 2%

s

due

*8%

April-Oct

8%

9

*81

series

to

for

Public

10%

8%

—

—

79

--

extl

A5Vis

loan

extl

Jugoslavia

AMedellin

Jan-July
Jan-July

30-year
Mexican

Va

56

41%

41

41'A

36

41%

(1922

small

1978

—

--

71 %

71%

41%

59

—-

41%

agreement)

71

1

72%

92

'

83

Vi

85%

88%

18
66

*9%

85

96

11%

*44%

*9

8%

due

1945

77

A6s

(1942

agree't)

_9%

1904

1922

8A4s of

(assented

agreement)

1910

Alabama

~9%
v*

8%

5

16%
16%

O

1

of

agreement)

1913

to

assented

(1942

agree't)

(City

of t

Minas Geraes

A

Secured

sinking

fund

reduced

to

2.125%)

ex'l

sinking

A

reduced

to

__

*17%

2.125% )

6 Vis

4.80s

A

—

35 Vi

35%

Mar-Sent

_

1953

loan

extl

A

loan

extl

Mar-Sept
April-Oct

5 A Poland

2008

f

6s

f 6s

(Republic

1st

1959

series

2nd

of)

7s

series

gold

6s

A 4 Vis

Porto
8s

sinking fund

assented

Alegre
1961

gold

8s

reduced

to

to

2.375%)

secured

reduced

to

do

99 %

external

reduced to
external

Stamped

I," April-Oct
1947~

99%

99 Va

loan

1950

10

2.5%)

4

66

75

2%)

—

35

99%

19

93%

—

36%

June-Dec

5
—

79 Vi

78

80

75

77 %

78

V4

*98% 100

93 %

1946

<

IM

—.

44

99%

99%
99%

93

96

98%

99%

69

78

—

48

50%

36

48%

1

*7%

5%

5%

—

"6%

36

37%

46%

50%

46%

50%

46%

50%

5%

A

Plan

8

8

6%

6

20

9

6

~6%

*38

-Jan-July

*36

8

8%

5%

7

40

40

_Feb-Aug

-Feb-Aug

36%

37%

*—

99

37%

*8

5%

98 %

ti6

3

6%

June-Dec
AND

84%

85

INDUSTRIAL

3%s

1964

Feb-Aug

debentures

3s

1966

94%

9%
5

9%
7

Jan-June

85

*101

100%

101%

*104% 105

102%

105

*104
72

*97%

70%

72

96%

98 %

101

72

98%
102%

102%

113

93%

10

88%

102

89%

102

85

93

68%

69%

631

68%

72%

93%

66

102

June-Dec

1987

77%

COMPANIES

93%

Corp 3%s s f debs 1964—May-Nop
Foreign Power deb 5's 2030—Mar-Sept
debentures

7

85

92%

93%

*100

68%

Telephone & Telegraph Co—
93%
95

95%.

35

93%

96

90%

90%

91

42

87%

91%

debentures

June-Dec

107%

216

106%

109%

1961

107% 108%

113% 114%

Mar-Sept

April-Oct

debentures

1959

Feb-Aug

first

gold
Co

Topeka &

General

31

93%

96%

105

112%

115%

57

8

102%

105

8

112%

115%

96%

38

93%

115%

115% 116 %

100

114%

100 %

100 % 100%

103

99%

101%

21

98

100 %

100%

100

112

100

100%

95%

103%

99% 100 %

99

100%

10

99

97%

96%
118

99

*81

88

80'A

81%

April-Oct

*80

94%

90

96

Fe—

April-Ocf

mortgage
Coast

94

96%

Quar-Jan

1995

4s

Air

3%s

first

unified

120%

120

120%

50

118

120%

May-Nov

111%

111% 111%

6

108

111%

May-Nop
1952—Mar-Sept

100 '&

1995

1

Charlotte

General

1995

July

91%

94

95%

June-Dec

1966

Santa

Stamped 4s July
&

4s
5s

'

93 %

113% 114%

93%

April-Oct

Anglo-Lautaro Nitrate Corp—
1st mortgage 4s (reg only) i960
Products

94%

93%

J an-July

103

Arbor

91%

Feb-Aug
-April-Oct

1975

1986

96 %

Atchison

\

10%

113%

First

97%

95

91%

103%

Line

Ry—

1963—

consol

4%s

A

4s

July

1964

_Mar-Sept

101%

101%

32

100 A

100%

106% 107%

16

105%

108

101 Va 101%

7

100

101%

-101%

June-Dec
101 %

—

100 Va 100

32

98 Va

Jan-July

98 Va

2

96%

99%

B
Baltimore

Ohio

&

RR—

First

mortgage 4s series

First

mortgage 5%

A July

51 %

54

1

34%

37%
66

40Vi

91%

91%

92%

32

84

92%

contingent interest) July 1975_April-Oct
Refunding and general mortgage 5% (2%

98%

98

98'A

10

91%

99

and

series B

(4% fixed

1%

fixed and 3%
Series

G

contingent interest)—

due

Dec

1

1995

76%

75%

77%

79

71%

77%

74%

77%

88

72%

77%

75%

75%

77 Va

87

72

77 %

J due Dec 1 1995—————June-Dec
A4%s convertible income Feb 1 2010
..May

89%

88%

91

27

83 Va

91

64%

64 %

66 %

698

61%

66%

90%

90%

2

81%

90%

80%

81%

19

75

81%

81%

82'%

25

77%

82%

89

13

80 Va

6

110%

Series

Ref

and

fixed

M

due

2000

1

March

Mar-Sept

1996

1

general mortgage 6% (2%%
3%% contingent interest)—

and

Series

Pittsburgh Lake Erie & West Virginia—
Refunding 4s series A 1980
—:—May-Nop
(3% %
First

mortgage 5%

fixed & 1 % %

Toledo-Cincinnati
lien

and

1st

mtge

4%s

M

ref

Industrial

series D

4s

1976

Jan-July

series

5s

Loan

C

2%s

2%s

series

Consol

mortgage- 2%s

&

First

Co

Maine

I

mortgage

5s

5s

series

Jan-July

96
*—

1970

4%s

4s series

AC

series

Gas

4s

1955—
JJ

RR

mortgage 2%s
mortgage 3s 1980

Buffalo

Co

97

94%

28

94%

97%

95%

96

97

99%

"l

98%

98%

9

98 Va

99%

75

79

3%s

debs

*74
*

April-Oct

1969

1976

69%
57'A

100%

101

57 V*

*104%
94%

101 Va

87 Va-

69%
*101

Mar-Sept
Jan-July

77

101 Va 101%

May-Nov

1961

I960—

debentures

General

Shoe

89

112%

93%

—

98%

1967——Mar-Sepf

uJan-July
AInc mortgage 4%s series A July 1970—May-Nop
Bristol-Myers Co 3s debentures 1968_
April-Oct
Union

1111,4

99%

1979—_—-Jan-July
IMar-Sept

1981

series II

mortgage
mortgage

1st

*94 Va

1961_May-Nov

1976—___May-Nov

series J
debs

2%s

First

Brooklyn

111

RR—

mortgage

48

88

89

1960——April-Ocf

debs

mortgage 3s series K

First

80%

1985—Jan-July

Corp—

mortgage

(The)

A

1980_Jan-July

RR— V

conv

Telephone of Pa

Bethlehem Steel

ser

conting int)

division—

Bangor & Aroostook

53

38%

June-Dec

Mar-Sept

Series K due March

r

48

36%

1975

April-Oct

Brown
*36

*87%

~4

96

Feb-Aug

51

(interes't
June-Dec

39

60

34%

95

Feb-Aug

1961—

First

34%

April-Ocf
.April-Ocf

2

66

*51

96 Va

*96%

93%

25

96%

June-Dec

Boston
39

(interest"




1958

7s

Consol

39

97%'

92%

95

_June-Dec

Borden

April-Ocf

93%

*91%

May-Nov

2%s debentures 1971
3%s convertible debentures 1963
American Tobacco Co debentures 3s 1962
3s debentures 1969
3%s debentures 1977—

Consol

April-Ocf

(interest

2012

1979

95%

P W

—

*140

May-Nov

113%

7

(interest"
~

93

—

1937)—

1979

Feb-Aug

Amer

debentures

Beneficial

A

2006

1999

Plan A

of

May-Nov
May-Nov

June-Dec

7

9

6%

-Jan-July

1946

A

bond

'26

S'western div first

__

5%

86%

83%

4
—

June-Dec

100

48%

48

93

51

79%

142

"135 %

April-Oct

80%

67

98

36%
49%

86%

99%

52

"35

60

51

151

Feb-Aug

100 %

__

■

81

46 %

53%

92 %

73%

6

81

51%

OO

86%

Mar-Sept

external 8s

36%

98%

94

28

79

51%

79

51%

2%s convertible debentures 1957
3%s debentures 1973

Bell

of)—
1921 1946

to

«

99%

"9%

~ -Jan-July

2012

of

18

72

35%

*98%

April-Ocf

sinking fund gold 1968_~~".June-Dec
to

75

on

mortgage 4%s-4s ser A 1980
Atlantic Refining 2%s debentures 1966

37%

April-Oct

(State

pursuant

reduced

4

*98% 100

.April-Ocf
.April-Ocf

2001—

1953—

Stamped pursuant to Plan
A 6s

1961

2001

6Vis

2%)

Sul

17%
70

"

Plan A

Plan A

Stamped pursuant to Plan

5 A 8s

.June-Dec

-Jan-July
to

(City of) 8s

pursuant

AExternal

—

35%

-i.

Janeiro

Stamped

Grande

1960

1963

2.25%)

Rio

_

(City of)—

stamped pursuant

(interest reduced to
2.375%)
7%s 1966 stamped
pursuant to
(interest reduced to
SARio de

—

*99% 100

Mar-Sept
Mar-Sept

1940

A4 Vis
assented 1958
1
8 AStabilization loan sink
fund 7s
A4Vis
assented 1968—

AExternal

of

convertible

,
—

external

s
s

74%

Southern

debentures

-

2.125%)

A Nat

—

1

99%

" May-Nov

Mar-Sept
A 5 Vis
extl loan
(30-yr) 1958
M&y-Nov
Oslo (City)
sinking fund 4Vis 1955—
April-Oct
8APernambuco (State of) 7s 1947___
Mar-Sept
Stamped pursuant to Plan A (interest
of)

—

15%

Ltd—•

(30-yr)

(Republic

17%
"■

70

*35%

1970—Jun-Dec

to

91%

2%s debentures 1982
2%s debentures 1987

A

(interest

2008—

sinking fund external loan
1963—__Feb-Aug
sinking fund external 1957
-April-Oct
Municipal Bank extl sink fund 5s

reduced

7%

85%

40

Gen

3 Vis

loan

Co

junior

Atlantic

4s

Nat

14%
14%

1959—Mar-Sept

(Kingdom of) 3%s 1957
Norway (Kingdom of) 4Vis 1956
External sinking fund 4Vis
1965

Oriental Development Co

18'/a

70

1958—Mar-Sept

Netherlands

APeru

14%
14%

50

18%

*17%

"

Mar-Sepf

Stamped pursuant to Plan

extl

'II

(interest

2008

fund

Great

American

Atlanta

6 Vis

Stamped pursuant to Plan

A 6s

14%

14%

12

6%

2

Power first

&

Ann

l952l.I~IZZ"IlAirti-0ci

6%s

(State)—

extl

of

3 %s'convertible

*14%

1963_Jan-July
__

Secured

8%

Jan-July

ASmall

A

8%

8%

10

12%
20

Bosch

16%

--

new

loan

American

16%

1922

1933

ASmall

Milan

1 OO
*
1

1968„Jan-July

14%

(assented

11%
87

(City of)—

American

16%

16%

agree-

agree't~)"i963lIjan-July

(1942

ASmall

A

16%
16%

--

Jan-July

A4s new assented

A6s

16%

81

2

Valley (Dept of)

2%s
*16%

men^
ASmall

9%

—

*

7%

1945

(dollar

Airlines

June-Dec

1922

12%

91 %

1953

ser

f

s

American

2%s

*16%

1954

agree't)

to

68%

10

10 %
86

*8

3%s 1967
May-Nop
mortgage 3%s 1972
Jan-July
Albany & Susquehanna RR 4%s 1975—April-Oct
Alleghany & Western 1st gtd 4s 1998
—April-Oct
Allis-Chalmers Mfg 2s debentures 1956
Mar-Sept

to

due

(1942

(assented

8ATreasury 6s

$

2%s

*16%

A 4s new assented

*9%

April-Oct

RAILROAD

Alabama

11

IIIIIIIIIII

ASmall

61

—

10%

86

Mar-Sepf

coupon

12

~9

8%

1963_Jan-July

ALarge
A4s of

1952

(Republic)

extl

47%

III—IIIII
assented

79

7%

1958

1945—Quar-Jan

ASmall

67%

77

91%

1952

2%s debentures 1980

agreem't)

60
--

64%
*9%

June-Dec

1961

'12

of

external

45

45%

Quar-Jan

(1922

68%

;—Jan-July

85%

1

new

'27

of

loan

(City)

ALarge
A5s

loan

assented

67%

~~

assented

62%

—

Cauca

s

11

ALarge
§A5s

84

Jan-July

conversion

Aluminum

1968

1899

1958

1957

readjustment

66

_

1968—Jan-July

ASmall

74

84

Ltd—

Co

AWarsaw

96

1943_May-JVou

agreem't)

67

June-Dec

A4 %

(Republic of)—
of

7s

3%s

1971

f

s

mtge

See Cauca

72

m

(1942

68

—

37/8s-4%-4/(jS external conversion 1978—June-Dec
4.4%.41/28 external readjustment 1978
Feb-Aug
3%s external readjustment 1934
Jan-July

43%

72

70%

—

71

Jan-July

1943

assented

ASmall

§ A 5s

external

Power

3%-4-4%s

43%

41 Va

Vi

Feb-Aug
May-Nov

"61

May-Nov

1958

Council

mtge

1st

Yokohama

1965

bonds

$

assented

ANew

1st

A7s

43%

Irrigation—

A4Vis

1962

sinking fund 6s 1960
AExternal sinking fund 6s 1964

—

June-Dec

1954

*30

of

f

s

extl

§AUruguay

41 Va

(State Mtge Bank) 7s 1957—ApriZ-Oct
(Colombia) 6Vis 1954—
June-Dec

3s

§A4Vis

Mexico

'24

of

loan

of)

sterling

Valle Del

1952

7s

62

1

Ujigawa Electric Power Co Ltd—

9%
81

thereafter

(Kingdom of) 7s 1951
Japanese (Imperial Govt) —

55%

—

.

June-Dec

External

Mar-Sept

1977

AExternal

—

May-Nov

external

External

Aitaly

A6 Vis

42

41%

Jan-July

1952

1

67

—

April-Ocf

1952

f

s

AWith March 1

Utility Institute—

due

mtge

(40-yr)

A5%s

Works

1947

71%

53%

—

(City of)—

1952, thereafter

B

Jan.

5%

Tokyo

thereafter

1977

Public

2%

1952,

Jan-July

Consortium

1,

due

§A7s
Italian

1,

1977

Credit

to Jan.

31o

Jan

67

Jan-July

AExternal

to

54

Tokyo Electric Light Co Ltd—

(Republic)—

External

2%

May-Nov

1968
external 6Vis

57

53

71%

(Kingdom)—

Electric

A6s

1964

(City)

3
—

(interest

1962—

assented

Taiwan

—Feb-Auy
—Jan-July

1950

1968

2012—

2%)

secured

(Prov

A4%s

Jan-July
Jan-July

;

53

Jan-July

2004

loan

Slovenes

B

1st

ASilesia

A5s

1944

53
--

71

(interest

external

series

A6%s

Power—

A

to

&

Sydney County

—Jan-July

1976

1

53
66

39%

69%

~2

70

Jan-July
Mar-Sept

1956

2.25%)

dollar

secured

A8s

Government—

Helsingfors

A

84

Jan-July

1967_

mtge

gen

1976

1

Jan

7s

Elec

series

mtge

1st

April-Oct

Jan

40%

39%

Shinyetsu Electric Power Co Ltd—
98%

Feb-Auy

dollar bonds Jan

f

(Republic

Consolidated

A7s

1955

to

external

A7s

external

•

Jan-July
-Jan-July

1999

loan

water

reduced

53

49

70

39 Va

(interest

Stamped pursuant to Plan A

50

49

2.5%)

to

reduced

Stamped assented (interest reduced to
6%)
extended to
1960
April-Oct

1999

2.5%)

to

pursuant to Plan A

Stamped

113%

44%

~

39

May-Nov

1950—

external

A6s

45%

39%

"

'

——

of)—

reduced

reduced

76

39%

111% 114

39%

(interest

2012

2%)

(State

external

82 <A

74

*44

to

(interest

.

20-year

June-Dec

Stamped pursuant to Plan A

72%

High

stamped pursuant to Plan A

1936

A8s

— —

39 Va

Low

0

8s

—

78

39

Paulo

San

62%

__

_

reduced

57

62%

__

__

__

*61

99%

52%

52

Jan. 1

No.

(interest

reduced to 2.25%) 2004
June-Dec
ARome (City of) 6%s 1952
April-Oct
ASao Paulo
(City) 8s 1952
May-Nov
Stamped pursuant to Plan A (interest)
reduced
to
2.375%) 2001
May-Nou
A6%s extl secured sinking fund 1957—May-Nov

99'A

Range Since

Sold

High

stamped pursuant to Plan A

1967

7s

Bonds

May-Nop

(interest

99

—

__

•98

52 Vi

(Dept of)-—30-year 3s sinking fund $ bonds 1978— Jan-July
Czechoslovakia (State)—

gADenmark

1926 due 1966

external loan ox

A7s

40%

57%

Range
Friday's

(State of)—(Conti—-

do Sul

Rio Grande

57%

38%

*98

or

Bid & Asked

Low

43

"3%

Week's

Last

Sale Price

High

"56

§ ASinking fund 7s of 1926 due 1946
May-Nou
§ASinking fund 7s of 1927 due 1947——Feb-Aug
Copenhagen
(City) 5s 1952
June-Dec
25-year
gold 4 Vis 1953—.
May-Nov
ACosta

No.

"38%

—April-Oct
Jan-July

fund dollar bonds 1970—April-Oct
Mortgage Bank 6%s 1947
April-Oct

§AColombia

Period

Stamped pursuant to Plan A

1961

Jan

Interest

58

38%

June-Dec

ext sinking

3s

BONDS
New York Stock Exchange

"56

Mar-Sept
Mar-Sept

1951

1961—

Oct

1927

1960

7s

1960

(Hukuang

Colombia
A6s

Municipal

assented

A7s

AChinese

1962

fund 6s

1962

4

Friday

•56

June-Dec
April-Oct
April-Oct
May-Nov
May-Nov

1961

6s

1961

sinking

AGuaranteed
A6s

fund

"38 %

June-Dec

1961

sinking

APRIL

Jan. I

Sold

"56

June-Dec

1961__

6%s

fund

ASinking

June-Dec

1957

Mortgage Bank 6%s
A6%s
assented 1957

ENDED

Range Since

Bonds

Friday's

Bid & Asked

Low
A Chile

FOR WEEK

Week's Range

70%

32

66%

58 V*

52

55

99%

101%.

102%

—

74%
59

100%
104

94 %

23

92%

95%

104% 104%

8

104 Va

104 Va

2

95%

93%

Jan-July
1971

Niagara Elec first mtge 2%s

Jan-July
1975_May-Now

96'A

96 %

97

/nnmawiwm 'fmvwwtbmt V(H%",

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Number 5105

Volume 175

.

.

The Commercial and Financial Chronicle

.

(1457)

29

NEW YORK BOND RECORD
RANGE FOR WEEK ENDED APRIL 4

Friday
Interest

BONDS

Period

Stock Exchange

New York

or

,

Sale Price

Bonds

Friday's

Bid & Asked

Low

Jan. 1

Low

76

Stamped modified 4'%s 1957—>——-May-Nov
Bush Terminal Co Cons 5s 1955
Jan-July

68

72%

11

98

%'

l96o;

Terminal Buildings 5s gtd

98

105

2

A

103'/a

104%

ACuba

1976—Jane-Dec
Power 3y»s 1974.;__.i—May-AZou
consol gtd 5s A 1962—April-Oct

Electric

California

California

Oregon

gold

Guaranteed

—

*95

.

96

92

t

104 '/a

16

•

108% 1087/s

28

; 102,

»—JJlune-Dec

1955-—i

Pacific Ry—
-

—_Jan-JuZp

1965

& Ohio 4s

Clinchfield

106 Vi

.

107

■

105%

106 Vb

105%

27

1

109

107 V*

93%

94

93%

—

96

93%

4

106 y* 106%

99% 103%

2

,

:94%

103%

106%

t

Carthage & Adirondack Ry—

April-Oct
-—Z.April-Ocf
Feb-Aug

debentures 19G5—.

Celanese Corp 3s

1976_<—

3V2S debentures

_.

3V4S

Corp

A

Central

of Georgia

-

A Gen

mortgage 4%s series B Jan V 2020

mortgage

Central

RR Co

Generbl
Central

;

N J—

of

mortgage

■,

78

74%

75

-61

~

6

70%

75

19

61%

59%

63

l.Jan-July

-47

47%

_

..100

,

.*102%

—

*100

»

—

100% lO^Vi

„

Refund and impt M 3%s series H

1973—June-Dec
R & A.div first consol gold 4s 1989—Jan-July
Second consolidated gold 4s 1989———Jan-July
Chicago Burlington & Quincy RR—
General 4s 1958
!
Mar-Sept

4

99

104 ;, 104%
110

110V4

*110'/4

97%

104%

110

110 y8

96

—

*93%

1985——Map-Nov

80

117

86 Va

86%

1

80

115

86%
76%

April
-April

d63

63 %

12

d55%

57

14

94

97

*102

103

102

*97

II

97

'

.

99

1973__May-Nov

85%

85%

82%

86V2

-May

74%

74%

69%

74%

'
Map-Nov

80%

80%

76%

81

*80 y8

85

78

*

77%'

74

-

.

mortgage

A2nd

4'%s inc ser A Jan 2003

mortgage

*99V2 100

Chicago Indiana & Southern 4s 1956
Jan-J^uly
Chicago Milwaukee St Paul & Pacific RR—

1st

ser

increased series B

Jan

2044

1

-April

67 %

63

2018

J
K 1976.
ser

inc 4'%s Jan- 1 1999—April
mortgage 3s series B 1989
Jan-July
Chicago Rock Island & Pacific RR—
conv

1st

mtge 27/8s ser A 1980———__Jan-July
Chicago Terre Haute & Southeastern Ry—
Income

1994—

mortgage 27/8s series G

First

and

t

2

94

2%s
2%s

mortgage

East Tenn

99%

75%

69

79%

64Vi

125

58

;?

d79 '?

79

d73

1979
1980

Cities

73'/a
69

1952—Ja n-July

100

102%

102 y4 102%

■

101

-

103%

I.

-

94

Cincinnati

Chic

99IOOV4

61

101%

103%

2

94%

98%

—

99%

5s

—

104%

105%

96%

95

95

June-Dec

*94%

June-Dec

1993

85

98%

98%
96%

91%

72

96%

mortgage

3s

First

mortgage

23/4s

1982

Colorado

4Vis

1985

(stamped modified)
Fuel &

Columbia

Iron

debs

conv

Gas

June-Dec

System
series

debentures

Columbus &

South

Columbus &

Toledo

Commonwealth

1980—

87

.95

B

63 '/4

85%

85%

„

101

17

99%
105%

103 %

101

96%

~

Elec

Ohio

3Vis

first external

47

90%
102%

105%

97%

97%

5

97

97%

15

96

series L

1977

Feb-Aug

1978

June-Dec

debentures

f debentures

1999

*101 %

debentures

3s

971%

..

28

98%

Cigar

Corp

Edison

3%s

3%s

A

•

1961

Feb-Aug

1965

*93

--

10

99%

refund

mtge

2%s

ser

A

95%

97%

89%

97%'

931/4

refund

mtge

25/as

ser

B

First

and

refund

mtge 2%s

ser

C

1972_June-Dec

First

and

refunding 3s series D 1972.

First

and

refund

First

and

refund

mtge 3s series E

debentures

1st

ref

1st

ref mtge

El

ref M 2%s

1st

Lt

ser

2%s

T

f 2%s

s

debs

&

May-ZVou

Ohio

&

73%

96 y2

97

80

88

'

99
89

87

87

/*

™

'v

.

"3

76 Vi

87

'

*98

*—

100

101

V—

1011/8

101%

95

*100%

100

98

"

102%

101

19

1

95

95

95

100%

—

101%

86

87%

162

79 y*

88%

86%

86%

2

85%

86%

104% 104%

5

103 Va

104%

95%

95%

1

95%

97%

98%

87

..

—

981/2

2

97%

99

111%

117

108 Va

1127/a

2%s 1st mtge

3s 19781969

mortgage
mortgage

2%s
2%s

mortgage

1979
1980-.

3%s

,

*91%
*91%

86

761/2

'

*

1976-i._Map-Nov
—.--April-Oct
...Jan-July
—June-Dec
June-Dec
May-ZVou

1981

88 V*

72%

1

8 81/4

92

80 Va

—

88%

93

86

'

"

92%

*75 Va

~~

2

112% 112%

76%

94%

—

101%

95

24

91

95

72

72

3

72

72

r-

101% 101%

19

*87

100%
>.;■

89

*100

74i/a

—

18 Va

16

17%

*16%

102

74

*97

*98%

77%

101%
86'/a

99%

74%

102

67%,

53

Jan-July

1968

3%s

trust

mortgage

1

115% 115%

112%

RR—

refunding 4s series B

75

1;

92'%

98%

98%

92

101
»I
„

—

1981

mtge

2%s

Gas

na g*#

97%

First

101%

Illinois

99%

99%

"5

102 %

22

101

103%

135

136

49

133

136

103%

104%

*104 i/a

—

*97%
-v

98%

98i%

Jan-July

96
*119

1968—_Aprz'Z-Oct

£9

3 Vis debs 1976—

cpp

94%
.'99

102

102%

98%

„

__

April-Ocf

3 Vis 1966 Map-Nov

99

100

98%

100

95%

98'/4

"l

96

13

122%

Central

99

7

98%
99 y8
'•■-j.. -

98%

99

99

-

991/s

103% 103%

'«

25

*95%

97%

114

4

93%

'

103

38

93'/a
118%
96%

104%

56%

65

24

28

34

95%

25

93%

99%

10

99 Vi

56%

59

28

28

28%

95%

95%
£9%

105

99

96%
102%

95%

*

104
;

99

100%
104

>

95%

95%

1979—May-ZVou
1979.May-ZVou
Consol mortgage 3%s series O 1974
..May-ZVou
Refunding 4s
1955———;
May-ZVou
lines

3y2S

trust

gold

5s

1952..—.

4s

1953

1955—

-j.

4%s

1966—

Steel Co

3V4s debs

1972„————Mar-Sept

98

II

*99

100

94%

*103% 106

101%

104

—

97%

100 &

100 A

101% 101%

1

100%

101 y4

106% 106%

1

105%

100% 100%

71

99

101%

100 V* 100 Va

1

100

100%

*100

100'/2
—

•.«.

''

106%

106%

109%

109 Vt

109

103%

47

104 %

104% 104%

98

101%

105

102 Va

15

100

102

90

93

■

Inland

98

101%

*100

Ja n-July

——-May-ZVou
——May-ZVou

Feb-Aug
Louisville Div & Term gold 3%s 1953——Jan-July
Illinois Central and Chicago St L & N O—
Joint first refund
5s series A 1963
June-Dec
First and refunding 4 Vis-series- C 1963—June-Dec
First refund mortgage 4s series D 1963—June-Dec
Illinois Terminal Ry 4s series A 1970
Jan-July
Indianapolis Union Ry Co—
/
Refunding and imp 2y2s series C 1986—June-Dec
Debenture

96

102%

98

10

104% 104%

92%

2

— —

57'%

mortgage 5%s-3%s series B

Collateral

121%

96

37
,

104%

mortgage 4%s-3%s ser A

Consol

98%

90%

21

-

93

*94

RR—

Consol

■'

99

92

115

103% 103%

May-Nov

of Am 1st mtge

10

28

93

118% 118%

1
2%s series A 1981 — Jan-Ju'Y
mortgage 3s scries B 1978
—--June-Dec

Illinois Bell Telephone

Refunding
ApriZ-Oct

1986

2V4s

96%
100

93

.

93%

....Map-Nov

X

ser

1976




first

Purchased

first mtge 27/8 1975—Mar-sept
Baking 3s debentures 1965—.Jan-July

Crucible Steel Co

Water

95%

91

99 y2

/

AprfZ-Oct

....

Power

Continental Can

h
1976—Mar-Sept
Hocking'Valley Ry first 4%s 1999— ..Jan-JuZp
Household Finance Corp 2%s 1970—;
—Jan-JuZp
Hudson Coal first sink fund 5s ser A 1962.June-Dec
Hudson & Manhattan first 5s A 1957..—-Feb-Aug
A Adjusted
income
5s
Feb
1957
Apfil-Oct
Hackensack

(Bait)—

1962—;

Natural

92%

12

*99%

__

.June-Dec

Power

20

92%

100

1976.——L_—Jon-July

U

ser

3Vis debentures
Continental

73%

71%

102

94%

96'/a

__

1979—Jan-July

1963

Consolidated Gas Co of Bait City—
General mortgage 4V2S 1954„_
Gas

104%

91%

9-2%

mtge 3s ser F 1981
Feb-Aug
1st & ref M 3Vis ser G 1981—
—May-Nov
convertible

~

103
102

15

94%

1977_ApnZ-Oct

Consumers

and

debentures

'1st

93%

91%

93%

*1001/4 103

—

1982_Mar-Sept

and

Consolidated

Jan-July
Jan-JuZp

1976—

of New York—

and

conv

D

IOOV4

18

100

103% 1041/a

103 7/g

April-Oct

First

2Vis

106 y2

71

.

•

First

M

106%

*87

' ;

101%

',*93% 100%

__

Apn'Z-Oct

•

fund

sink

Pwr

Consolidated

110

2

*__.

3%s

mortgage

First

Anglo-Lautaro Nitrate

3s

series

First

101%

__

__

99% 100%
100

100

Apn'Z-Oct

2001
-

100%

ApriZ-Oct

1999

Compania Salitrera—See

Consolidated

105

72%

72%

<:

1969—___Mar-Sepf
first mtge 2%s 1965—Map-Nov

Co

(B F)

Mobile

First

100%

9

100 % 101

100 7/8

1955—Feb-Aug

series N

Consolidated

130 y4

102'/2

6

106% 106 »/2

--

debentures

income

Collateral

99 %

3s

River

130%
101

106 %

106

Corp

Gulf States Utilities

98%

971/4

3s

Conn

1

V

1975——Jan-July
General mtge inc 5s series A July 2015
April
First and refunding 3%s series D 1969_April-Oct
General mtge inc 4s series B Jan 2044—.April

98%

167

98%

97%

mortgage

f

98%

103% 104%

97%

4s

107

106%

4

130% 130y4

1961

debs

3s

1972

4%s

First

98%

94

96%

Feb-Aug
1970—May-Sept

mortgage

s

\

Ry Co— •"
5s series C 1973

Gulf

107%

June-Dec

1975

96%
92%

—

106% 106%

series N 1990—-Jan-July
General mortgage 3%s series O 2000——Jan-July
General mortgage 2%s series P 1982
Jan-July
General mortgage 2%s series Q 2010
Jan-July
General mortgage 2%s series R 1961—-Jan-July
AGreen Bay & West debentures ctfs A
Feb
ADebenture
certificates
B—
Feb

71%

59

65

105% 105%

105%

Foods

General

100

65%

70

67%

*99% 100%

—

1975—

A

97%

94 %

Edison Co—

sinking fund
s

Rubber

&

General

94%

81%

7

85

102 % 103

104

First

27/8s

*85%
103

—May-Nov

First

2%s

66%
*61

June-Dec

series

85

95%

96

*101% 102

1965—j.ApriZ-Oct

.

General

93

97

Inc—

debentures

85

97%

*95%

April-Oct

Great Northern

Corp—

3s

3s

.

.

1961—April-Oct

1966

3s

.

Tire

Goodrich

Mar-Sept
_

4Vis

104 %

92%

inc 4V2S

mtge

A4s. conv

...

& Southern Ry—

Colorado

4%s

67

—June-Dec

First mortgage 3%s 1986
Cleveland Short Line first gtd

74

74

-

*95

Refunding and impt 4Vis series E 1977__Jan-July
Cincinnati Wab & Mich Div 1st 4s 1991—Jan-July
St Louis Division first coll trust 4s 1990—May-ZVou
Cleveland Electric Illuminating 3s 19701
Jan-July
First

100%

*85

3%s debs 1976—Jan-July
General Realty. & Utilities Corp—

General

97

97%

100%

*97%

: V;

__

June-Dec

series B

17

104%

IOOVB

96%

*94

gold 4s 1993

General

117%

74

104

Map-Nov
Jan-July
tFlorida East Coast first 4%s 1059——June-Dec
AFirst and refunding 5s series A 1974—Mar-Sept
ACertificates of deposit
——Mar-Sept

Louis Ry—

St

&

157

ii4y4

g
*96

June-Dec

1966

City Investing Co 4s debentures 1961
General

105%

72%

*

1970—j.Mar-Sept
5s

Southwestern first

debentures

2%s

101%

•

Cleveland

95

103 y4

81

98%

/

11

100

96%

—

gtd 3%s series E

23/4s debentures

96%

*5

*71%

ser A Jan 2015
April
3%s series E 1964.April-Oct
First consoL mtge 3V2& series F 1990—Jan-July
First consol mtge 3Ves series G 2000—Jan-July
First consol mortgage 2s series H 1953—Mar-Sept
Ohio Division first mortgage 3%s 1971—Mar-Sept

General

'

*105 %

& Fuel

99

101%

) 74%

6

102

93%

2

*98%

1969—-Feb-Aug
1974—.
Feb-Aug
Financial Corp 2%s 1959.--April-Oct
Service Co 3s s f debs 1977
Jan-July

City Ice

89%

94%

96

——Feb-Aug
April-Oct
Feb-Aug

—

Co—

80%

5

tM'-

73

102

—

mortgage 2%s .series G

I T

93

96

Terminal—

mortgage

First

99%

115% 116%

115%

&

Erie Railroad

59%

1

100

1978—,.;

First

C

57

186

'

94

94

—

*99%

2%s

96

19

*97

1965

.

Jan-July

mortgage

&

Va

stamped

Firestone

refunding 4 Vis series D 1962—Mar-Sept
Elec 1st mtge 2%s 1975_ApriZ-Oct

Cincinnati Union

.

59

*78'%

Cincinnati Gas &

First

Paso
5s

641%

59%

78

57%

C

102

4s

3
18

105

May-Nou

1961

debentures

Elgin Joilet & Eastern Ry 3%s

-

1963

conv

99

96%

1995

4s

621/4

33

Jan-July
1963——Jan-July

mortgage 3VijS series F

First

Chicago & Western Indiana

Jan-July

*

J

First

81

101

105

—--May-Nov

99%

62%

63%

refunding mtge 2%s-4V4S 1994_Jan-July

2%s-4'/4s

100

49

*

1985—Mar-Sept

55%

99%

98%

-■

First

First and

97%

1

89

98%

First consol mortgage

Chicago Union Station—.

76%
100 %

99

99

98

""

>

Chicago & North Western Ry—
Second mortgage

81

98%

—

d84%

Georgia div first 5s 1956 May-Nov
Edison El 111 (N Y) first cons gold 5s 1995_Jan-July

74%

mortgage 4s series A 1994
—Jan-July
General mortgage 4'/2s inc ser A Jan 2019—April
conv

*94%

debentures

gold

mortgage

1st

El

First

4%s

V/

100

e

1983

inc series A Jan

4s

76 %

97%

100% 100%

Jan-July

Chicago Indianapolis & Louisville Ry—
A 1st

-

17

(4%%

series A

Duquesne Light Co 2%s 1977

•

99%

97 7/a

2042

1

93

102%

81

.'78

*73

96

*98

Western RR—

2%s

mtge

Chemical 2.35s

-Dow

86%

82%

April

AGeneral inc mtge 4Vis Jan l 2038—;

85

108%

80

*115

B

1st

95%

*
—

Mack first lien gold 4s

&

ASecond

■

71%

31%

- •

1958—
June-Dec
1995.—June-Dec
June-Dec
Terminal & Tunnel 4%s 1961——i.Map-Nov
Tol & Ironton RR 2%s ser B 1976_M«r-S.;pt

Detroit

Detroit

gold 5s 1982
Map-Nov
-Chicago Great Western 4s ser A 1988—„Jan-July

3%s series

Erie

97

77%

31%

.

Lake—

3%s

ref

&

Detroit

151:

31%

-

mortgage

ref

&

~

84%

31 Va

I960

5s series C

interest)

Salt

&

convertible

3s

r

97

—

d79

79%

34'%

95

104% 107%

*97

*33%-

100

Gen

93%

*96%

refunding mortgage 3VeS 1985—Feb-Aug
refunding mortgage 27%s 1970—Feb-Aug
1st & ref mtge 3s 1990
Feb-Aug
Chicago & Eastern 111 RR—
A General mortgage ihc conv 5s 1997—
April

33 %

i—

96%

—

106% 106%

106%

and

and

30

100%

Gen

First

34%

April

Denver

'.Income

•

First

*33%

(3% fixed
'*
1%
contingent interest)
1993——_Jan-July
/vDetroit Edison 3s series H 1970—
June-Bee
General and refund 2%s series I 1982—May-Sept

101

102%

3

32%

June-Dec

2%s 1975—April-Oct
—
Jan-July

4-6s May

mortgage

contingent

100%

4

99%.

•

—

33%

32%

84%

121 %

96%

11

99%

27'/a

30

series A (3% fixed
contingent interest)
1993

AIncome

■

98%
104

115%

47

121% 121%

—-Mar-Sept

24

33%

mortgage

1%

100%

100

101

M

division i

Grande

Rio

&

First

V.

.-

3'%s series D 1996—May-ZVou
Refund and1 impt M 3 Vis series E 1996—Feb-Aup

&

102

100

100

27

26%

coll trust 3'/8s 1977_Ju?ie-Dec
First mortgage and coll trust 2%s 1979_Jan-July
1st mtge & coll trust 2%s 1980Mar-Sepf

-

23%

mortgage and

First

Denver
—

Refund and impt M

mortgage

i

92%

26%

34%

.

1001/2

98

.

Chesapeake & Ohio Ry-^
General 4%s 1992—J.

First

50 Vi

46%

139

47%

*99% 100

89%

*24

Pennsylvania Division-—
1st mtge &-coll tr 5s ser A 1985
Map-Nov
i '
1st mtge &-coll tr 4V2S ser-B T985_~—Map-Nov
Delaware- Power & Light 3s 1973
^.Aprfl-Ocf

78

72

48

y

—_April-Oct

1974'

refund

Essex

&

-

1

3s

Collateral trust

—

76

78

Morris

-

34

90

33 %

mortgage due 1993—1

AIncome

»

32

d

mortgage

First and

J

j

100

—

.

Central Pacific Ry Co—
First and refund 3'%S series A 1974.—_—Fel)-Aug
First mortgage 3%s series B 1968
—Feb-Aug
Champion Paper & Fibre deb 3s 1965—
Jan-July

Chicago

1

99

—

—

*98

-May

.

1987—1

3'/*s

Power 3s

York

New

—

*99%

»

AGen
r

*99%

<

Ry-^-

series A 1995
— .Jan-July
mortgage 4 Vis series A Jan 1 2020
May

First

98% 100%
103%

100%

102% 102%

(1947; issue)

3V<iS debentures

61

61

61

100 y4100 v*

debentures 1960
i960———__Feb-Aug
tCentral Branch U P first gold 4a 1948„June-Dec

Celotex

-

*59 y4

mortgage guaranteed 4s 1981—.^.June-Dec

First

2

*24%

series A 1978
June-Dec
First mortgage 3%s 1982
Feb-Aug
Dayton Union Ry 3%s series B 1965
June-Dec
Deere & Co 2%s debentures 1965'
April-Oct
Delaware & Hudson 4s extended 1963
May-Nov
Delaware Lackawanna & Western RR Co—
New York Lackawanna & Western Div J
First

34%

13

32%

*33%

v-t
Dayton Power & Lt first mtge
First mortgage 3s 1978

.

53 %

29%

32%

—.

equipment 5s
(ctfs of deposit)

ADep rets

1071/4

3 " :

102% 103%

Mar-Sept
.—Mar-Sept

Capital Airlines Inc—
]
'
4s debs series A
I960——J,—
Carolina

102%

.

(perpetual)

4%- censol debenture

107

■

,

106% 106%
107

.—Feb-Aug

gold 4Vhs-1956-—

Guaranteed

108%

High

50%

"

90

90

x——

Improvement and

105

Jan. 1

Low

1946—June-Dec

-

-

104

\

§ AGs series B deposit receipts 1946
A Certificates
of deposit——I

95

95

__

-

■

—

1957—Li——L-i-Jan-July

4 Vis

Guaranteed gold 4%&

Canadian
•

3s

96

deposit

of

ACertificates

54

Range Since

NO.

32%

1952—„—Jans/uZp
—
Jan-JuZp

gold

5s

first

§A7V2s series A deposit receipts
•
ACertificates of deposit

National Ry—

Canadian

♦

first

Power

Canada Southern

•

.t
■=■93

RR

*52

Bonds
Sold

High

32%

4.*

§ADeposit- Receipts

c

::V

Range
Friday's

or

Bid & Asked

deposit

of

Certificates

'(■

'•

receipts

§ADeposit

100

.

••■-V::

Week's

Last

Sale Price

1942_—.June-Dec
June-Dec

5%s

first

Ry

Northern

§ACuba

98 Vi

105

—Apru-Oct

Period

Low

76%

No.

76

Interest

'

High

High

75

BONDS

New York Stock Exchange

•

Range Since

Sold

& Pittsburgh Ry—

Buffalo Rochester

Bush

Friday

Week's Range

Last

102
*__

*87

1061/2

91

„

_

__

106% 106%

77

106 Vi

106%

The Commercial and Financial Chronicle

.

.

.

Monday, April 7, 1953

NEW YORK BOND RECORD
RANGE

BONDS
New York Stwck

Tcrlod

Exchange

Last

or

Sale Prlee

Jan-July

101 %

Aprll-Oct

LAdjustments 6s series A July 1952

55%

BONDS

Interest

Jan. 1

New York Stock Exchange

Period

101% 101 Va

Low

25

97 %
51

Low

tNew Orleans Texas & Mexico Ry—
AFirst
5s series
B 1954

101%
56%

Jan-July

"95

100

92%

100

94

96

»„

88

83

86

103

103

103

A Certificates

96

"95

103

1956

B

series

5s

——

AFiret

1st

mortgage

4%s

AFirst

1959—June-Dec

86 %

86

86%

14

79%

1976—Mar-Sept

94%

94%

94%

1

91%

95

N

First
1st

April-Oct

4s 1990

90%

90%

90%

98

June-Dec

1980

Kansas City Southern Ry 4s ser A 1975- ,.April-Oct
First mortgage 3%s series B 1968
..June-Dec
Kansas City Terminal Ry 23As 1974
-April-Oct
Kentucky Central 1st mtge 4s 1987
_Jan-JuIy
Kentucky & Indiana Terminal 4'As 1961 .Jan-July
Stamped 1961
..Jan-July
Plain 1961
..Jan-July
4%s unguaranteed 1961
,..Jan- July
Kings County Elec Lt & Power 6s 1997—. -April-Oct
Hoppers Co 1st mtge 3s 1964_„
-April-Oct
tAKreuger & Toll 5s certilicates 1959
..Mar-Sept

99

10

104% 105

105

99

18

99

*95%

101%

105%

101%

*102%
105

99

102%

94%

—

104

—

45

100

100%

98 :

165

—

13

62%

62

627/8

126

67%

66%

68 Va

159

74

73%

74 Va

89

76

77

York Central

Central

101%

100% 101%
%

N

102

%

Lack

4%s

160

99%

%

Y

98

157

Lakefront

Dock

&

'

RR

3%s

registered

1997

First &

ref

5s

First & ref

stamped 1964

5s

Feb-Aug
Feb-Aug

First

mortgage 5s extended to 1984—— Feb-Aug
Lehigh Valley Railway Co (N Y)—
First
mortgage 4s extended to 1974—Jan-July
Lehigh Valley RR—
General consolidated mortgage bonds—
Series A 4s fixed Interest 2003
—May-Nov
Series B 4%s fixed interest 2003
May-Nov
Series C 5s

fixed interest 2003

Series

F

5s

contingent

interest

2003

Little

Miami

ALombard

general

Electric

4s

7s

series
series

1962—

Long Isl Light 1st mtge 3%s

(P) Co 3s debentures
debentures 1976..

Louisville

&

Nashvilie

First & refund
First

&

First
St

&

Louis

Atl

Div

Knox

second gold

&

Cincinnati

88%

*88

89

;81

88%

91

87
—

89

87%

89

87%

86%

87%

90

40

81%

89

7

80%

87%

71%

707/a

72

37

65%

76 Va

77%

32

74 Va

77%

86

—

83%

85

*84%
65

64 Va

65%

72

70%

72

78

76%

78%

91%

98

58 %

65%

109

61%

72

15

67%

F 2003

90%

01%

12

85%

104% 104%

3s

Div

1955

98%

May-Nov

3

86%

101% 102

77%

9

;

*92

Prior
4s

103% 103%
*95

23

97

95

97%

Missouri-Kansas-Texas
Prior

lien

5s

Prior

lien

A Cum

series

97%
98%

97%

Pacific

A First

and

AGeneral
AFirst

and

AFirst

and

97%

95%

AFirst

A

99%

*99 al

99%

96%

—

A

refunding 5s series F
refunding 5s series G

and

and

refund

5%s

series

gold 5s

A
H

ser

refunding 5s series

I

Mohawk & Malone

first gtd 4s 1991—
3%s series B 1966

Monongahela Ry
Morrell
Morris

(Johni
&

&

Essex

Construction

1965—Feb-Aug
Mar-Sept
1977—Mar-Sept
1978—May-Nou
1949—May-Nov
1980—ApriZ-Oct
1981—_Feb-Aug :

Co

first

3s

debentures

gtd 3%s

1
11

*—

101%

99 35

—

95%

*93 %

88

mortgage 5s series

102

92%

86

\

86

■

I

debentures

1978—

Nashville Chattanooga

i.i.

87%

trust

4%s

A

ser

102% 103%

113

2047

Quar-Feb

Mar-Sept

Co—

3s

65%

90%

E'dison

first mortgage 3s
mortgage 2%s 1975
mortgage 2"%s 1980-—

Gas

&

Electric

mortgage

First

98%

May-Nov

1974

April-Oct
May-Nov

2%s

1975

First

2"%s

debentures

84%

3%s

debentures

1987

77

87 Va

3%s

debentures

1978

debentures

1983

3%s

debentures

108%
Q3

First

guaranteed

&

1985

103%

Mar-Sept
_Jan-July
..Feb-Aug
.Mar-Sept
A 1983
.Jan-July
1st gtd 4s 1953 _Jan-July
.

New Orleans Great

Nor

5s

New Orleans
Terminal Co
'w»nt»c

nap*




134

135

11?

Paducah & Illinois

108%

113

Pennsylvania-Central

108%

113

62%

3

61

-

63

100 %

~3

■99%

118

59

99

56

59%

100

4

97

99

■

6

95%

April-Oct

111%

102%*'>:

106 Va 107%

91%

90

100%

Guaranteed

First

99

97%

4

95%

97%

5

99%

101%

11

102%

90

100 %

99%

—

*97%

12

91%

»

1st

f

s

1

mortgage

General

102%

100%

103

100

111

17

100% 100%

1

100% 100%

10

♦102%
101.

94%

73

99%

103% 104 %

11

102

104%

103% 103%

21

101%

104

104% 105%

35

102 Va

105%

94%

95%

75%
73

99%

*95%

95%

—

94

96

95%

94%

95%

95%

—

92

94

94%

95%

98%

100%

13

96

_

ii

*99

100%
10

94

93%

96%

*96

97%

95%

96

*92%

94%

93%

95

94

94

*—
101

101

96

96 Va

101%

trust

3s

109

111

98

98%
100

100%
100%
102

96%

101

—

101%

96%

41

102%

100%

101%

-

.

103

99% 100%

5

93%

101

99% 100

7

99

100%

10

97%

100%

5

97%

100 Va

98%

100%

99
99
*99

99%
99

99%

♦94%

w--:

96

15

96

98%
♦96 Va

93
*96 Va

100

100

91%

■

10

100 % 101

1

98%
97%

,

96%

95%
97%'

VI

95%

99

100%

96%

100

:

24

98%
104%
99%

—

;

\

99%
—

82

90

April-Oct

98%

98%

98%

*

*

9911 100 A
100 V.

—

17

4%s

series

4%s

1965

A

June-Dec

5s

mortgage 4%s series E

series

B

series

I960—Feb-Aug

1968-

D

first 4s

ApriZ-Oct
1984

external

93

—

5s

series

B

1974

General gold 4%s series C
Philadelphia Electric Co—
First

&

...

&

First

&

First

&

First

&

refunding 2%s

100%
100

1977

t

1st & ref M 3%s

Ry

XACertificates

2%s
1982

1st
of

sink fund
deposit

4s

97%

31

101%

94

89%

101% A
105

93 Va

95
95

40

88 %

95

79%

79%

14

76 Va

81%

105% 105%

12

103%

106 V.

95%

79

79

79 Va

2

76

80 Va

April

46%

46 Va

48%

27

41%

48%

99%

99%

99%

8

97%

110% 110%

5

110%

113

103%

106

Jan-July

May-Nov
—May-ZVoo

-

•104

—

95%

*97%
98%
*97

June-Dec

—1

1978

163

110

Mar-Sept

June-Dec

refunding 2%s 1967—
refunding 2%s 1974
refunding 2%s 1981
refunding

;

100% 101%

106%

94

June-Dec

Feb-Aug

1971

3

109

103% 104 %

93%

Jan-July
Jan-July

1960—April-Oct

4s April 1990—
i
Marquette Ry 33/8s series D 1980
Philadelphia Baltimore & Wash RR Co—

Pere

General

101%

June-Dec

1981

A Income

109

,

—

*97 Va

1937__Jan-July

Phillips Petroleum 2%s debentures 1984—Feb-Aug
Pittsbgh Bessemer & Lake Erie 2%s 1996_June-Deo

—

103 % 103%
10

*9%
100
95 Va

96 Va

99%

10

20
3

10%

.

97%
99%

94

97%

94%

96

97 Va

*95%

Feb-Aug
Jan-July

25

99%
97%

I

1

1

106%

9912

1

11

1

;i

98

103%
9

103%

11%

9%

10%
100%

100'A

15

98%

95 Va

35

95 Va

97

I',
J' ■

■

100%

1

UVV"
99
J.*100%

■

I

102%

100%

90

H
M
7 1

1

101%

106 % 106'A

*83

ii

98

94%

93

'

i

I

99%

91

1

1
1

1
1
I
1
1T
1

102%

93%

__

93

96%

*102 Va 102%
100

94%
100

I

:

1952—May-Nov

s

4%s

IA Philippine
2

102%

103

*103%
100

1960—April-Oct

ctfs

1975

sinking fund

Peoria & Eastern

101

95

96%

96%

100%

30

101%

,

V

•

General

First

101%

64%

24

73

98"%

75%

gold 4%s 1955—Jan-July

Airlines—

General

101

98
—

96%

107%
103%

69 Va

%

99

Mar-Nov

mortgage 3%s series F 1985
Peoples Gas Light & Coke Co—
1st & ref mtge 3%s ser H 1981—

101%

101% 101%

*85

97

3

90

74%

Mar-Sept

:

series E

4s

Consolidated

91

10

*100

•

Pennsylvania RR—

101%

91%

*99%

100 %

101%

35

102% 103%

Mar-Sept

Pennsylvania Glass Sand 3%s I960——June-Dec
Pennsylvania Power & Light Co—

100 %

97

—.

121

109

102%

June-Dec

;

A3%s convertible inc debs Sept 1

100%

100 % 100%

110

.

146

Pennsylvania Co—

113

99%

101

101%

.

•

—

3%s debentures 1964—June-Dec

108%

6

63

91%

May-Nov
April-Ocf

96%

75%

April-Oct

General

May-Nov

1961

94%

—

107

series T 1976——June-Dec

1981

Pacific Western Oil

104

100% 100%

debentures 1967—. June-Dec
gold 4s 1954

4%s series B

15

119% 120

refunding 2"%s series Q 1980.:—June-Dec
refunding 3%s series R 1982
June-Dec
refunding series S 1983
June-Dec

Pacific Tel & Tel 2%s debentures

113

Si St Louis—

debentures 1982_=
^
3s debentures
1974
New Jersey Bell
Telephone 3%s 1988
New Jersey Junction
RR gtd first 4s
1986
New Jersey Power &
Light 3s 1974

95%

96%

June-Dec

1986.

N

3s

93%

*102%

Feb-Aug

&

88%

112

98 %

101 %

19

*109%

Mar-Sept

refunding 3%s series I 1966—June-Dec
refunding 3s series J 1970
June-Dec
refunding 3s series K 1971
June-Dec
First & refunding 3s series L 1974
June-Dec
First & refunding 3s series M 1979
June-Dec
First & refunding 3s series N 1977
June-Dec
First & refunding 2%s series P 1981
June-Dec

66%

58%

98

95%

*„

&

99%

113%

*90%

........April-Oct

Co—

13

96%

967/b

First &

First

81%

*100

2%s

Tel

April-Oct

1979

3s

94%

60%

National

&

1

.

100

*90

7

109%

99

93%
96%
100% 102%

95%

Feb-Aug

1984

88

II

102

first

16

v

Pacific Gas & Electric Co—

92%

136

*99 %

RR

100

June-Dec

debentures

First

76

66%

62%

38

-

First
mortgage
2%s
1980
May-Nov
Oregon-Washington RR 3s series A I960—April-Oct

102%

112% 113%

112%

n

74%

*99

83

37

112% 113
65%

105%

72

1978

First &

9

112% 112%

National

Supply

102% 102%

100

1974—Mar-Sept

1975

Power

First &

153

112% 113

103

.

England Tel

102%

Quar-Feb

103

„

113

1955_May-Noo

Natl Distillers Products
3%s debs 1974— ApriZ-Oct
Steel Corp first
mtge 3s 1965— ApriZ-Oct

96%

95

'

d85

103

V

'mm''

•

26

2047

79%

98%

—

New

♦

Quar-Jan

* 67

25

88%4

58%

June-Dec

10

78

75

1980

1

6 ;

87%

87%

100%

May-Nov

104% 104%
*73

73

Quar-Jan

Jan

61

„

98

June-Dec

First mortgage 3s series B
1986
.Feb-Aug
National Dairy Products
2%s debs 1970—- June-Dec
3s debentures
1970—
June-Dec
3%s debentures
1976

Naugatuck

104%

24

1997

103

20

67

98

86%

■

♦91V.

*92%

Oklahoma

104 %

71%

92%

88%

*84%

4%.-;;

33

Jan-July
Aprll-Oct

General

3%s

64

63'A

o

93%

104

76%

66 %
*103;

Mar-Sept

Construction mtge 4%s series B
1955
Mountain States Tel & Tel
2%s 1986

61%

*62

10

95%
1047/a

101%

*73

1956—May-Nov

A

96%

7%

100

103%

93%

—

*102

—Feb-Aug

2000

93%

3

1997
3s

3 %s

5s series

3%

1

Mar-Sept

Ohio

97'A

100

104 % 104%

95%

-

Jan

66

Ry—

First & refunding 27/8s

Jan-July
1967—April-Oct

41

3%

mmmm.

97%

Marie—

Jan-July

8%
96%

98%

100% 100%

104%

101'A

3%

.

(Wisconsin) first
First mortgage
3s 1979
Bell Telephone—

1st

*96%

59 Va

100%

43

1980

27/8s

10

96%

3%

*—

96%

Co—

gold

8

57

80

mortgage

95%

1975

| A Convertible
AFirst

RR

refunding

4s

ioi v. ioi%

Jan-July
2%s 1979—
Feb-Aug
mortgage 2%s 1977—ApriZ-Oct

96%

1974—May-Nou

68%

''

i;

85

Feb-Aug

1978—

ser

2%s

248

24

First

95

65%

'

99

59

24

mortgage

*—

.—jtm-July

*

*78

First

*95

1990—-.June-Dec

67%:;;

80

Feb-Aug

First

June-Dec

April-Ocf

4s

66

76%

77%

10

-

,

95%

71

3

May-Nov
Jan-July
1978—Feb-Aug

First

1962

D

Jan -July

first mortgage 2%s 1974
mortgage 2%s 1975—-

99

1962—

adjustment 5s

^Missouri
—

4%s

A

B

4s

lien

93%

92

74

77%

57

105%

103 y.

78'A

93%
86 Va
100 V.

93%

99%
.

77%

Jan-July
Feb-Aug

(Minnesota)

52

RR—

series

40-year 4s series

73

104

98

May-Nov

Texas first

*

*94 Va

5s

registered

51

98%

mortgage 4%s inc series A Jan
1971—-May
AGeneral mortgage 4s inc ser
A Jan
1991—May
Mission Corp 3%s s f debs
1966—
June-Dec
&

lien

Northern States

79%

99

91%

RR—

1937

refunding 4%s

86 V*

First

Missouri Kansas

mtge

95%

98

79

61

80%
100 V.

17

♦93% 100%

1977™—_Jan-July

Northwestern
♦„

97

*100

Refunding & improve 4%s ser A 2047—Jan-July
Refunding & improve 5s series C 2047—Jan-July
Refunding & improv 5s series D 2047—Jan-July

90

102%

60%
62%

95

3

,

86%

2%s

103%

12

62

Ry Co—

registered

98%

1952

98'A

85

66%

2022__May

1937

5s

4%s

Pacific

General

62

Refunding & impt 4%s series C
1979—_Jan-July
Michigan Cons Gas first mtge 3%s
1969—Mar-Sept
First
mortgage 2%s 1969
—Mar-Sept
First mortgage 3%s 1969
Mar-Sept
37/aS sinking fund debentures 1967
Jan-July
tSAMidland of N J first ext 5s 1940
ApriZ-Oct
Minnesota
Mining & Mtg 2%s 1967
April-Oct
St

gold

General &

*51

First mortgage
2%s 1980
Michigan Bell Telephone Co—
3%s debentures 1988
Michigan Central—

60%

•92%

86%

convertible inc 2014_Aprll-Ocf
Norfolk & Western Ry first
gold 4s 1996—April-Oct
Northern Central general & ref 5s
1974—Mar-Sept

1972—.Jan-July

debentures

Saulte

2%s

& Western

mortgage

AGeneral

102 V.

95
86

.

75%

60

57%
59%

6

59

A 2007—Jan-July

ser

first 3%s 1963

mortgage

General

99%

,

77

*

98%

1954

Gas

&

refunding

Norfolk Southern

101

86'A

17

95

78%

73
70

60%

98'A

71

71 Va

'

58

60%

77%

Refunding mortgage 3%s series E
Refunding mortgage 3s series F 1981—Jan-July
Niagara Mohawk Power Corp—

104%

103%

99%

85%

2%s 1979—May-Nov

Corp first mortgage 3s 1966
Metropolitan Edison first mtge 27/8s

&

Steam Corp

110

99%

95

1980—_—Mar-Sept
4s

Mead

Paul

60%

65%'

64%
,

14

72%

60

May-Nov
May-Nov

§ A General gold 5s 1940
iATerminal first gold 5s 1943—
N Y Telephone 2% series D 1982

102

100%

*98%

May-Nov

St

mtge 4s

4s

Y Susquehanna

3s
*100

103

60%

Hartford RR—

Electric

§ A Second

91%

108%
101

ApriZ-Oct

1954—June-Dec

Minn

Y

§ AFirst

78%

♦110

Mar-Sept

Manati Sugar 4s
sinking fund Feb 1 1957—May-Noo
RR (Southern Lines) 4s 1959

3%s

&

State

Northern

April-Oct

Manila

gold

1973

A

1973

Y

N

72

77%

May

Macy (R H) & Co 27As debentures
1972—May-Nov
Maine Central RR 4%s series A 1960
June-Dec
First mortgage & con 4s series B

2%s

series

4s

mortgage

General

M

First

N

88%

86

*

G 2003—.April-Oct
ser H 2003—April-Oct

Louisville Gas & Elec 1st
mtge

May Dept Stores

*70
*

AGeneral 4s 1955—
June-Dec
N Y Power & Light first mtge 2%s 1975—Mar-Sept
N Y & Putnam first consol gtd 4s 1993—April-Oct

100% 100%

*87%
—

ser

mtge 3%s

B

Y New Haven

tN

1976—June-Dec

1963

ser

mtge 2%s

refund

87%

RR—

mtge 3%s

refund

76

Collateral

Loriilard
3s

D

ser

--

May-Nou
June-Dec

1952

A

93%

May
May

Lehigh Valley Terminal Ry—
First mortgage 5s extended to
1979—April-Oct
Lexington & Eastern Ry first 5s 1965
April-Oct

79%
76

*100'A

May-Nov

Series D 4s contingent Interest 2003
Series E 4%s contingent interest 2003

■V

83

*89

—

12

86%

i"

♦

—Feb-Aug

First & ref 5s stamped 1874
Lehigh Valley Harbor Term Ry—

it
co oi

86%

June-Dec

stamped 1954

1997

AGeneral mtge conv inc 4%s series A
Harlem River Si Port Chester—

_

Lehigh Coal & Navigation Co—
Sinking fund mortgage 3%s ser A 1970_April-Ocf
Lehigh Valley Coal Co—

103

May-Nov
JAN Y Ontario & West ref 4s June 1992—Mar-Sept

fund 3%s ser A 1968—June-Dec

3%s 1997—June-Dec

West

&

97%
104%

►

1998

A

Hudson River RR—

First & refunding

1%

Terminal—
.

First mtge sink

95%
101

deposit

RR Co—
series

4s

&

series

First

Lake Shore & Mich South gold

*97%

99%

Y

N

99%

100%

103

"

*100
*95

96%

104%

1954

mortgage 3s series F 1986
ApriZ-Oct
Connecting RR 27/8s series B 1975™April-Oct
N Y & Harlem gold 3%s 2000
May-Nov
Mortgage 4s series A 2043Jan-July
Mortgage 4s series B 2043
Jan-July

46

*99% 101%

99%

6

dl02

Y

N

105

*45%

99

deposit
A

High

3

102%

of

of

First

95 %

105

103

100% 100%

Feb-Aug

Jan-July
Jan-July
Lake Shore collateral gold 3%s 1998—Feb-Aug
3%8 registered
1998
Feb-Aug
Michigan Cent collateral gold 3%s 1998_Feb-Aug
3 Vis registered 1998
Feb-Aug
New York Chicago & St Louis—
...
Refunding mortgage 3%s series E 1980—June-Dec

..June-Dec

2%s 1978

mortgage

mortgage 2%s

90%

1976— _June-Dec

Feb-Aug

1956

mortgage 3 Vis
3 %s registered 1997

K
1st mtge

100

Low

99%

1956

General

City Power & Light 2%s

^100

Feb-Aug
Refunding & impt 4%s series A 2013—Aprll-Oct
Refunding & impt 5s series C 2013
April-Oct

86%

Central Power & Light 27/8s

Kanawha & Mich

Jan. 1

No.

ApriZ-Oct

Consolidated

Jamestown Franklin & Clear 1st 4s

April-Oct

High

deposit

series

ACertificates

New

Kansas

Range Since

Sold

deposit

C

of

series D

5%s

AFirst

J
Jersey

of

series

5s

ACertificates
ACertificates

Jan-July

1976
1980

3%s

1st mortgage 3s

AFirst

'V/vv;v

Co— '

Interstate Power

Bonds

Bid & Asked

High

30

56

Week's Range
or
Friday's

Last

Sale Price

'

No.

High

55%

Range Since

Sold

gold 5s series O 1956__
Jan-July
Inter Rys Central America 1st 5s B 1972__May-Nov

£ First

4

Friday
Bonds

Friday's

Bid & Asked

Low

international Great Northern RR—
A First 6s series A 1962

FOR WEEK ENDED APRIL

Week's Range

Friday
Interest

.

;

.

1

'

'<*

Volume 173 ' Number 5105

.

.The Commercial and Financial Chronicle

.

i

■»

rr^rr{JL459

-

\\

NEW YORK BOND RECORD
RANGE

Friday
BONDS

Interest

New York Stock Exchange

Period

Last

Week's Range
or Friday's

Sale Price

Bid & Asked
Low

Pittsburgh Cincinnati Chic & St Louis Ry— »
Consolidated guranteed 4s ser F 1953—June-Dec
Consolidated guaranteed 4s ser G

1957—May-How

Friday
Range Since

BONDS

Interest

Jan. 1

Bonds

New York Stock Exchange

Period

Sold
No.

High

♦101%

Low

guaranteed 4s ser H I960—Feb-Aug
guaranteed 47jS ser 1 1963_Feb-Aug
Consolidated guaranteed 4Vis ser J 1964_May-Nov
Pittsburgh Cine Chicago & St Louis RR—
)
General mortgage 5s series A 1970
June-Deo
General mortgage 5s series B 1975
April-Oct
General mortgage 3%s series E 1975
April-Oct
Pittsb Coke & Chem 1st mtge 3 Vis 1964—May-Nou
Pittsburgh Consolidation Coal—
3Vis
debentures
1965
Jan-July

102%

1041/4

104 V4

104 »/8

—

1

102%

101%

__

*105%

—

—

105%

Refund

3

100

104

103% 104

11

100

104

81

81

2

100

100

1

100

100

100% 101

17

100

101%

82

First

i

general

First

general
Pittston Co 5 Vis income debentures

mortgage
mortgage

Providence

1983-

2"Vis

Terminal

Public Service
3s

3s

&

First
"

92

*99

Mar-Sept
100%

51

♦103

101%

•127

mortgage 8s

2037—June-Dec

mortgage

1972—May-Nov

100% 100 %

3s

*96%

.

98

100%

Tobacco 3s debs 1973

(R J)

Gas & Electric Corp—

mortgage

47as

General

mortgage

3Vis series J

series

of

1969

97

977a

105
*__

99

88

April-Oct

29

99%

80%

Gas

1

104 3/a

6

957a

987a

897a

Jan-July
—Jan-July
Feb-Aug
April-Oct

1970—

Corp 2%s

372S 1972_

mtge & coll trust

1007a

ASecond

"7

96 7a

987a

99

957a

987a

89%

86

917a

977a

98

92

92%

98%

—

105% 1057a

5

1027a

1057a

1037a 10374

1037a

75

1017a

1033A

89%

917a

April-Oct

♦94 7a

98

95

95

♦957a

98

937a

97%

109%

120%

101

101

1967—-—

debentures

of America—

debs

conv

1965

consol

RR

gtd 4s series A

256

117% 1197a

April-Oct
1955—Feb-Aug
May-Nov

II

1

9574

Y"V: 957a

First

-

bond

4s

*95

9674

104 7/8 104

7/e

9474

Paul

Duluth

&

first

gold 4s

cons

St Paul Union Depot 37ss B

Scioto V

&

70

70

68

*76

__

94%
%

9474

75

104%

107

98%

98

99

49

91%

99

May

85%

85

85%

45

78

86%

New England

1st gtd 4s

10

102% 102%

102%

*99%

April-Oct

♦100%

110%

6

110% 111

110%

1968_June-Deo

1971

372S

102%

94%

General

100

100

100

West
West

1st mtge 3s series B
3s

debentures

Shell

Oil

Union

Skelly

debentures

debentures
Oil

1965

272s 1976

South & North Ala RR gtd 5s

1963

debentures

debentures

2%s

Southern

Pacific

First

Gold
Gold

4%s
4Vis

First

1969

Pacific

Devel

and

Devel

{■'

and
and

102

101

May-Nov

1st

1960

April-Oct

A

4s

2%s

series

A

1st

997/8

1956

105% 1067a
60

6174

67

597a

603/a

27

577a

100ft 100%

37

10074

101

first

series I

372s
4s

99%

Jan-July

1966

guaranteed

607»

2361-

597a

100%

Co

first

B

first

3

1007a

102 7a

1037a

105%

99%

A Certificates

99

Wisconsin
Wisconsin

gold 5s
2%s debs

1985

56

99%

86

98%

104% 104%

10

103%

106

106

94%
♦101
60

98%

60

98%

27

98

1973

103

<

96

102%

667a
947a

99%

99

96

"98%

99%
95%

99

*95%
*94%

967/a
95

Jan-July

May-Wop

1966

1972

107%

60

32

Electric

mortgage

Yonkers

907/a

3

93

105%.
10274

105

105

105

♦102

837a

83%

19

63

63

64

28

deposit—

60

71

927a

93%

♦93

857a

827a

93

Public

Power

27/sS

2%s

1976—.—June-Dec

—Mar-Sept

1979
1971

& Power 2%s

1976-Jan-July

374s

98% 101

*100% 103

Jan-July

Service

Electric Light

:

—

'

947a

—

—

—

105%

93

101%

92%

93

1017a

100%

94%
100

102

95%

9974
1037a

101

101

1936—May-Nov

101

4

13
20

100

deposit
term first 4s

100%

987a

117 %

109%

105 %

102%

Jan-July

debentures

21

104

♦103

April-Oct
May-Nov
April

92%

106%

of

7

99%

82

94%
;

of

96%

95
—

104% 10574

100

104%

—Jan-July

1949

4s

Certificates

A

§ASu & Du div and

87

117%

98%

104 7a

April-Oct

1983

debentures

§ A First general

10072 10374

100

*—

Mar-Sept
Mar-Sept
Jan-July

31

10274

102

98%

98

98

♦957a

Jan-July

1960

4s

627»
607/a

5874

18

1027a

April-Oct

mortgage 3s 1958

S

1067a

1017a 10174

98

May-Woo

1965

102

104%

105% 105 3A

Mar-Sept

1971

99%

99%
100

1017a

Mar-Sept

I960-

5s

debentures

82%

*94

99

2

99%

105%

Jan-July

mtge 37ss ser A 1981
Telegraph Co—

debentures

&

56

1057a

1047a

3

Winston-Salem

132 74

116

April-Oct

4

19

30-year

3Vss

109

101% 1013A

Westinghouse Electric Corp—
2%s

1047a
52

Union

75

.

30

57

•56

mtge 372s 1967—Jan-July

ref

&

98

--

*82%

1956—-April-Oct
1996-—-.
Jan-July

Tel

debentures

2%s

99

85

Western Pacific RR Co—

1017a

92 72

116

i

*87%

6Vis series A

27/8s

Corp

Co

9672

59
485

*98

102 7/8

98%

146

99%

127% 132%

1986

Oil

Oil

&

102%

99

130%

first gold 4 Vis 2013
(N J) debentures 2%s 1971—May-Nov
23As debentures 1974
Jan-July

Swift

3 72s

Jan-July
Jan-July
Western Maryland first mortgage 4s 1952—April-Oct
Gen
mtge 472S-4s series A 1969
April-Oct
Gen mtge 472S series B 1976
May-Woo

First

E

Spokane Internatl

Sunray

i

Bell

debentures

Standard
■'

series

general 6s series A 1956

Memphis Div first
3 Vis

7974

Co—

2%s

general

77

100% 101%

99%

mtge 3%s ser A '75_June-Dec

RR

general

Southwestern
•

94%

7472

81

mortgage 3s guaranteed 1979—May-Nov
Electric
3%s 1974
May-Wou

Penn Power

Wilson

~i

75%

102%

May-Nov
debentures

mortgage

Devel

100

91%

--

99

84

—

1087a 109

April-Oct
2000—Feb-Aug

1966

gold

Wheeling & Lake Erie RR 23/4s A 1992
Wheeling Steel 374s series C 1970
First mortgage 374s series D 1967

98%

75%

Jan-July
;
First mortgage 2%s series F 1996
Jan-July
First mortgage 2 Vis series G
1961_—Jan-July
Southern Ry first consol gold 5s 1994
Jan-July
.■

94%

114%

977a

93%

gtd

registered 2361

Western

99%

97%

100

*—

Mar-Sept

1977

A

1981

San Fran Term

Southern

100

*92%

Jan-July

95%
36

91%

23

93

94

84

XWisconsin Central Ry—

Lines)

(Oregon

4Vis

92%

114%

92%

Jan-July
1994

97 %

34%

*110

100

95%
93%

Co—

convertible

3s

2%s

Ry

29

94%

*98% 100
93

Feb-Aug '

1987—

Indiana

Southern

'1

1985

92%
92

40

*34

Southern Bell Telephone & Telegraph Co.—
3s
debentures
1979a—
—„Jan-July

2%s

94

94%

1941—Feb-Aug
Jan-July
June-Dec
April-Oct

97%

97%

10

93

100%

*97

April-Oct

1971

Corp coll trust 7s

2

94%

93

93

90%

153

97

94%

June-Dec
June-Dee

2V2S

2%s

Oil

.

1974

t§ ASilesian-Amer

Socony-Vacuum

May-Nov

1980

& Sons 2V2S 1966

(Jos E)

Seagram

96%

(subord)
ref

79

997a

Corp—

debs
first

77

7174

767a

*96%

104% 104%

Shore

4s

96%

73%

*75 7a

Penn

West

May

RR

Westchester Lighting gen

1989—May-Wop

4%s series A Jan 2016

96

101

100

Washington Terminal 25/sS series A 1970—Feb-Aug

112

100

_

__

Petroleum
conv

Warren

Seaboard Air Line RR Co—
AGeneral mtge

937a

917a
92%

77

77

series A Jan 1981
April
Gen mtge income 47»s series B Jan 1991
April
First mortgage 374s series B 1971
Feb-Nov
Walworth Co conv debentures 37»s 1976—May-Nov
Gen mtge 4s income

70

75

♦108

May-Noo
1989_Jan-July

Second 4s inc bond certificates Nov

St

94

Warren

1989

98

937a
101

101,.

104"%

97

100

937a

96%

104%

*96

*98

W
97%

*94

Ry—

certificates

967/a

100
977a

♦__

__

and refund mtge

II

103

*101

9574

1978—Mar-Sept
2%s ser G 1979—June-Dec
First and ref mtge 2%s ser H 1980
Mar-Sept"
1st mortgage & refund 33/as ser I 1981_June-Dec
Virginia & Southwest first gtd 5s 2003
Jan-July
First consolidated 5s 1958April-Oct
Virginian Ry 3s series B 1995
May-Nov
First lien and ref mtge 37ts ser C 1973-April-Oct

99%

Jan-July

mtge inc 4%s series A Jan 2022

Louis-Southwestern

957a
101

—

Wabash RR Co—

1971
Mar-Sept
St Lawrence & Adirond'k 1st gold 5s 1996_Jan-Juiy
Second gold 6s 1996
April-Oct
St Louis Rocky Mt & P 5s stamped 1955—Jan-July

St

107

95

-

94

1967

S
Saguenay Power 3s series A

St Louis-San Francisco Ry Co—
1st mortgage 4s series A 1997

1007a

*90 7a

debentures

27as

Rubber

First

99%

99%

*100% 102

Mar-Sept

977a

*91 Vn

Vandalia

88%

98%

100

*99

10

977a

105

♦94 7a

First and refund mtge 3s series F

88 V*

88

22
97

95

1007a 1007a

1980

1976

debentures

27«s

98

1977—Mar-Sept

D

61%

177a

*97 7a

U S

_

General

50

83

•947a

Consol sinking fund series B 1957
Virginia Electric & Power Co—
First and refund mtge 23/4S ser E 1975—Mar-Sept

Reading Co first & ref 37aS series D 1995—May-Nov

Rochester

98%

36

18

Feb-Aug

1st

R
ReynoWs

95%
52

1774

Universal Pictures 3%s debentures 1959—Mar-Sept

96%

♦99

Jan-July

1964

1037a

50

*98 3/a

3 V2 s

debentures

99

Pacific RR—

Vanadium Corp

2%s

18

124

117

*97

May-Nov

1st mtge & coll trust 37as 1971

126%
202%

100

7

9474

8874

1
4

17%

United

103

126%

__

Oil

27/bs

202

—

220

98

94

98

50

Refunding mortgage 272s series C 1991—Mar-Sept
Biscuit Co of America 2%s 1966—April-Oct

101%

100

9774

10274

947a
103%

United

100

99

—

100% 100%

9572
1017a

124

103

103%

May-Nov
June-Dec
California 274s debs 1970—June-Deo

Union

Co—

*„

Quaker Oats

94 74

123

1968

mtge & coll tr 27es

Union

94

*94

1963.

mortgage and coll trust 2%s

debentures

3s

96

94

—

115%

114
4

U

1st

II

High

36

96

♦967<

1975_ApriI-Oct

33/8s 1971

Electric Co of Missouri

First

101%

96

10

96

Low

-

„

96

June-Dec

3%s 1974

RR of New Orleans

106%

100

*94

Jan-July
May-Nov

First and refunding mortgage 2%s 1979_June-Deo

,

37/aS ser

and refund M

__

refunding

and

First

88%
106

Union

*102%

refunding

and

5s 2000

1960
Jan-July
Adjustment income 5s Jan I960
April-Oct
Tel & Ohio Cent ref and impt 3%s i960—June-Dec
Tri-Continental Corp 27/es debs 1961
Mar-Sept

92%

19

Jan. I

W0.>

Pacific-Missouri Pacific—

111

*109

May-Noo
First and refunding mortgage 3Vis 1968_Jan-July
First and refunding mortgage 5s 2037—J&n-July

..

89%

91%

91%

Range Since

Sold

102% 102%

series C

M 33/8S

A

Feb-Aug

1977

;

Gas

92

96

1956

4s

1970_ApriI-Oct
1990_April-Oct
June-Dec
E 1985—Jan-July

refund

Pacific first gold

Term

92%

*101

1984

Electric

debentures

88

*107% 111

Mar-Sept

Pipe Line 2%s 1970
Potomac Elec Power 1st mtge 3V4s
First

91%

1964—Jan-July

Plantation

First

*114

96

102%

refund M 3 74s series B

and

&

General

92

♦91'/a

Feb-Aug
June-Dec
.—June-DeC

1962
5s series C 1974
4Vis series D 1977
series B

5s

Jan-July.
April-Oct
May-Nov

{Third Ave Ry first refunding 4s

92

Bonds

High

Orleans RR—

New

and

Texas

Texas

series A 1958—
June-Dec
First mortgage 4Vis series B 1959
April-Oct
First mortgage 4 Vis series C 1960
April-Oct
Pittsburgh Youngstown & Ashtabula Ry—
general

&

1965

debentures

3s

First

103% 104

mortgage 4Vis

First

impt 2%s series D 1985

and

Corp

First

104

103 %

771%

4s series C 2019

Refund and impt M
Texas

Pittsburgh & West Virginia Ry—
First

Low

Terminal RR Assn of St Louis—

Texas

*105'/a

„

Friday's

or

Bid & Asked

101%

100

*101%

Consolidated

Week's Range

Last

Sale Price

High

101

__

*102%

Consolidated

FOR WEEK ENDED AFRIL 4

included in the year's range, d Ex-interest. ®
twin
Included in the year's range,
n Under-the-rule sale not Included In the year s range,
rG
not included in the year's range,
y Ex-coupon.
§ Negotiability impaired by maturity.
'?■
.
.
_
a«Hn« m at
{Companies reported as being in bankruptcy, receivership, or reorganized under Section n o
the Bankruptcy Act, or securities assumed by such companies.
♦Friday's bid and asked prices; no sales being transacted during current weex.
A Bonds
selling flat.
ran(r*hnwn
UThese issues were previously listed on the Curb Exchange.
The 1951 year s
g
here is a combination of all sales on both Exchanges.
a

Deferred

delivery

sale

not

.

.

NEW YORK CURB EXCHANGE
WEEKLY

AND

RECORD

YEARLY

In the following extended list we furnish a complete report of the transactions on New York Curb Exchange for the week beginning
29, 1952, and ending on Friday, April 4, 1952. It is compiled from the report of the Curb Exchange itself and intended to include every
stock or bond, in which any dealings have occurred during the current year.
RANGE

Friday

Week's

Last

Range
of Prices

Shares

Vending Corp

ACF-Brill

6%
1%

Alloys

1

7%

772

common

10

25 7a

257a

400

Motors

Acme

Wire Co

warrants

Stores

Inc

Supply

Manufacturing
Agnew Surpass Shoe Stores

Ainsworth
Air

Air-Way

Electric

For footnotes

see

page 35.




6% Mar

2

2,300

172

87a

2,100

7 % Mar

7%
2

Feb
/

257a Mar

Jan
Mar

9%

Jan

27 %

Feb

3%

372

3%

1,400

37»

Jan

3% Mar

I

3%

3%

3%

2,400

3%

Feb

4%

97a

Feb

972

Feb

12%

12%

2,800

7% Mar

137a

Jan

9%

Jan

•

(N J)

Appliance-

4,300

1

;;

.

Manufacturing common—__5

Associates Inc

77a

1

;;

3

—

12%

77a
—

«...

772
10%

8%"
10%

800

7%

Feb

500

9%

Feb "

Feb

10% Mar

Sale Price

Exchange

1
Alabama Great Southern
50
Alabama power 4.20% preferred
100
Alaska Airlines Inc
1
All American Airway Inc
1
Alles & Fisher common
1
Allied Internat Investing cap stk—_1
Allied Products (Mich) common
5,
Alrfleets

Altes

Eros

common

for Week

Shares

1
*

500

11

-

91

9674

97

90
97

-

6%

Jan

High
127a Mar
Jan

60

8972 Mar

92%

175

897a Jan

97

Apr

57a Mar

8

Jan

3%

Jan

672

6%

1,700

2%

67a

Range Since Jan. 1
Low

High

10%

Inc

Brewing Co

Altofer

Sales

Range

Low

Par

High

Week's
of Prices

Last

STOCKS
New York Curb

Range Since Jan. 1
Low

High

7

Aluminum
Hat

Low

1

Acme

Adim

Friday

for Week

Sale Price
Par

Aero

WEEK ENDED APRIL 4

Sales

STOCKS

New York Curb Exchange

ABC

FOR

Saturday, J^rch
security wnetn

2%

700

2%

Feb

67a

Jan

87/a Feb

37a

Jan

3%

Jan

26% Jan

"27a

"iVa ~2%

500

3

Jan

ll7/« Mar

i

32

(1460)

NEW YORK CURB EXCHANGE
RANGE

Range

for Week

of Prices

Shares

gale Price

Curb Exchange

New York

ENDED APRIL 4

Friday

Week's

Last

STOCKS

FOR WEEK

Low

Par

New York Curb

Range Since Jan. 1

Co of America—
cumulative preferred—
--100
Aluminum
Goods Manufacturing
•

Industries common

Aluminum

pfd
1*
§American Bantam Car Co clan A—1
American Beverage common
-I
American Book
Co
——.100
American Hard Rubber Co
—25
American Laundry Machine
20
American Manufacturing Co com
25
Filter 5%

Air

Amer

Par

(A M) & CO

—1

American

Maracaibo

American

Meter

American

Natural Gas Co 6%

American
Class

Co

-*

Co

Potash

-*

American

Republics

American

Seal-Kap

Amer

10
2
10c
•
-■
5
*'

common

Superpower Corp common
series

$6

preferred

American

Thread

American

Writing

5%

preferred

Paper
Anacop Lead Mines Ltd
Anchor Post Products
Co Inc

Augerman

common
—

...1

.

"1%

~1%

Jan

Feb

17%

1%

£l

83

39

Jan

Central

500

25% Mar

27%

Jan

Central

21%

200

20%

Jan

22%

Jan

6%

Jan

21%

50,800

8

7%

8

25 Vb

26 Va

33%

24%

100

35%

36

35

27

Jan

Jan

33%

Apr

36 %

55%

54%

56%

19

19

19%

200

16% Mar

22%

Jan

1%

222,600

% Mar

1%

Jan

Chicago & Southern Air

153 % 155%

1,000

u

1V4
155%

Jan

3,500

60%

Jan

4%

4%

4%

11%

11%

3%

3i3e

3-ps

15,100

9%

9%

9%

700

14%

1,600

8

Arkansas

&

Power

Light $7 pfd

Armstrong Rubber Co class A
4%%

convertible preferred-

Aro

Equipment Corp
Aspinook (The) Corp
Associated

Electric

dep

Industries—

rets

Associated
Associated

Tel

Tel

&

Atlantic

Coast

Atlantic

Coast

oi

America

Atlas

Corp warrants—
Atlas Plywood Corp—
Automatic

Steel

Jan

Feb

Clayton

7%

Jan

8%

Jan

108 %

Apr

Club

Jan

6%

Jan

14%

15%

4,000

13 %

Jan

15 %

15%

16%

21,500

14%

Feb

16%

Jan

10%

10%

1,600

10%

Jan

10%

Jan

10

113% Mar

115%

Jan

101

.

21%

22

1,200

21% Mar

25%

300

47% Mar

56

12%

16%

17

1

1,700

11%

Apr

13%

700

14%

Feb

2%

Jan

7% Mar

Jan

175

Feb

72%

66

2%

3,000

2%

875

96

2%

Apr

77

96

Jan

6%

Jan
Apr

8% Mar

Jan

8%
18%

22,100
4,300

18% Mar

20 %

Jan

5%

500

5% Mar

6%

Feb

8%

500

8

17

9

Jan

1,900

Jan

9

18%

18

Jan

18% Mar

Wilcox

35%

Baldwin
Banco

Securities

de

los

American

1

34%

30%
14%

~3%

—75o

(L) & Co
Beau-Brummel Ties
Bellanca

common

3%

12,700

3% Mar

7%

350

7% Mar

8%

10%

2

Jan

9%

-

Watch

Benson

&

Jan

8 %

Apr

500

9%

Jan

12

Jan

16% Mar

"

'

11

vt n'-'v

13

5%

~5%

600

14%

14%

1,100

2%

1

Inc

Hedges

10%

1

common

Co

36%

36%

Inc

common

22%

Black

Starr

Blauner's

20 V2

Bohack
5

Gorham

class

A

•

(S)

(H C)

&

Co

9%

100

Va
■

•

10%

10%

10%

•

common..

common

14%

14%

'

Gum

Inc

10%

Manufatcurfng

Co

Apr

14 Vb

1,700
■«—i '

~_4
2%
10%

3

Apr

American

• -

Courtaulds Ltd—

25

dep rets ord bearer.

7

11%

Crosley Motors Inc—

Feb

Crown
Crown

Jan

Brown

$5

conv

$3

2nd

Brown

4%

94,100

12%

3

Cuban

Atlantic

Tobacco

5%

Jan

Curtis

10V2

Jan

Curtis

11%

1

preferred—10

^

13%

Bunker Hill & Sullivan
Burma Corp Amer dep rets

100

106

12

12%

Jan

3%

Jan

Davidson

Feb

13%

Jan

Feb

19%

15%

16%

21%

22%

2,000
2,200

%

%

9 Va

Jan
Mar

X32

Mar

26%

Apr

Detroit

Gasket

Gray

common

3%

3%

50c

3%

37/a

400

15%

15%

17%

36,400

8%

8%

8%

4,900

1

8ft

6%

309,000

1

Power

Co

Fire Insurance

117/b

Jan

Detroit

Canada

Cement Co Ltd

6%%

preference

Canada Southern
Canadian

common

Detroit

Steel

Canadian

Canners

Ltd

Canadian

Dredge & Dock Co Ltd

Co

Jan

33

Jan

Distillers

Feb

15 V2

Jan

106

Mar

Jan

3%

Carey

Ltd

2

Diversey

——

Marconi

&

?ft

Carolina

150

Carr-Consolidated
Carreras

Casco

(J

Light $5 pfd
Biscuit Co

A ord

Feb

Dobeckmun Co
Domestic

common

For footnotes

see

Feb

14

Jan

Jan

34

9%

33%

Jan

5%

Jan

5%

Feb

17%

Jan

17%

Jan

13 % Mar

16%

Jan

15%

1,400

10%

10,300

Feb

12 Vb

Jan

3%

4,800

3

Apr

13%

Jan

75

54

Mar

59%

Jan

2

Apr

55

54

i

.■

2%

9 Vb

2,800

2% Mar

! 500

.

16

7%

Feb

900

8

8

15%

12%

Jan

8%

Apr

9%

Feb

Xl2%

Feb

14%

Jan

HV2

Jan

14

IV2

Jan

2

3,100

13%

•mm'

34%

37%

9,600

10%

13%

29,500

■

8Vb

Feb
Mar

17

7%

~4 %

200

21%

1,600

10

10

—

100

9%

9%

100

A

2,200

Apr

1%

Jan

Jan

Feb

4% Mar

28%

20% Mar

Feb

38

Mar

44

Feb

10

Apr

12 Vb

Jan

9V2

Apr

11%

Jan

%

Jan

9,600

9 %

iV
8%

Feb

Feb

13%

Jan

3%

Feb

42%

34 % Mar

1%

~4%
20%

% Mar
9 Va

Jan

8

Apr
Mar

7

6%

6%

1,200

6%

Jan

16%

16%

200

15V2

Jan

15 % Mar

21%

22%

11,700

18 Va

Jan

22% Mar

75%

4% Mar
81%

Jan

Jan

77%

5,900

72%

i

i%

9,000

U

Feb

1 Vb Mar

2%

2%.

100

2Vb

Feb

3 Vb

Jan

Jan

7%

Jan

7 Vb

400

6%

12%

13%

4,300

11%

Jan

13%

13%

250

12%

Jan

2%

2%

300

7

7%
12%
—

.

Jan

15

13% Mar

1,250

2%

Feb

29%

135

28%

2'A Mar
12

Jan

Jan

Feb

26

25%

15%

15%

15%

8,700

15 % Mar

17%

Feb

16%

16%

400

15% Mar

18%

Jan

—

Feb

200

7

Feb

13% Mar

14%

Jan

30%

35

6%

Feb

__

*

.

—

31%

100

31%

x5%
3

3

Jan

Mar

6%

7

6%
15%

15%

5%

Feb
Apr

31 r.

Jan

33

900

6

3,300

3%

...

3

x29 %

x5%

200

,

700

16%

6%

16 %

Feb

Apr
Feb

145

Mar

Jan

Jan
Mar

7 Vb

Jan

13% Mar
139

13%

Jan

r2%

Mar

3% Mar

4%

Feb

26 y8

Feb

28%

13%

Jan

13%

Jan

2

A Mar

3%

Apr

2

Mar

13

■~2%

2%

2%
37/b

27

27%

300

,73%

Feb.

500

26%

Feb

2

3,400

3%

~2%

28%

1

5%

"3%

375,600

A

''

Jan

Jan

Dominion

Jan

Dominion

Steel

19% Mar

21'A

Jan

Dominion

Tar

Textile

Jan

17%

Feb

Dragon Cement Co Inc—..———

21% Mar

X26 %

Jan

Draper

V2

Jan

Driver

4%

Jan

Duke

2%

11'A

Jan

1,500

29

10%
28Vb

Apr

5%

Feb

5% Mar

Jan

5

3,300

Jan
Jan

34

Jan

6%
14%

200

10%

5%

class

Corp

14%

14

%• Jan
3%

Feb

,

3%
13

8%
5%

8%

128,900

51?

Feb
Jan
Jan

Feb
Jan

20

Jan

Mar

4% Mar
4

19%

Feb

16%

18%

2,900

3

41

39%

41%

1,400

39

Co

Ltd

Duro

Jan

Duval

8%

Feb

45

Jan

•

—

11%

11%

100

1

%

ADr

13Va

Jan

10
*

common

22%

23%

600

21 Vb

Jan

25

Jan

20%

20 VB

20%

1,300

20 Vb

Mar

43

41

43

150

38 % Mar

43

Feb

85%

86

50

85 % Mar

89

Mar

167/b

17%

10

—.—

*

Co—

23%

Jan

(Allen B) Laboratories—

10,000

2,800

4%

4%

Jan

13%

Feb

Jan

6Va

Jan

5%

Jan

4% Mar

Jan

18%

Jan

6%

500

6% Mar

.7%

Jan

30%

1,800

27 Vb Mar

35%

Jan

14%

*

Hosiery class B common

16%
6%

17'/a

10c

A comomn

Durham

9

Feb

Feb

18%

*

£1
Duraloy (The) Co—....——1

Jan

87%

19%

*

Coal

Corp common—
Harris Co

Power

Feb

6% Mar

*

Co

&

&

80%

Ltd——.
ord stock

Chemical Co Ltd

Bridge

~6%

Apr

Test

Corp

Sulphur

1
*

common

& Potash

Co

28%

...

22 % Mar

Jan

78

Jan

15%

Apr

4%%

6}|

53

13%
74

Jan
Feb

8%r
53%

Apr

Eastern

Malleable
States

155

47/s

4%

5%

21

14%

21

14

14%

21,700
250

7%

~4%

8%

2,400
1,300

4%

4%

400

Feb

161%

Feb

2%

2%

2%

50

4,500

3%

4

700

Jan
Mar

1% Mar

Mar

6%

Jan

3% Mar

4%

Jan

108%

Jan

133%

Feb

32'A

237

32%

Apr

36%

Jan

32%

Feb

85

84

Jan

11%

Jan

12% Mar

Feb

28%

pfd

Emsco

Bond

Derrick

&

&

common

Esquire
Eureka

Warrants '

1

10c

T/**

33

—1

Jk
•

*

.10

2

■.1A

-

11% Mar
100

Mar

Jan

8

Feb

-100

20%

Jan

1%

6,100

1%

Jan

33%

450

32%

Jan

5%

600

4%

Feb

5% Mar

1%'

Jan

2 % Mar

1%

-5%

1

Feb

95

20%

.

10%

60

8%

20%
1%

100

Jan

1,700

8%

-—1

i————

.

99% 100

5

Inc —
.1
Corporation Ltd.-—

"Eureko Pipe Line common

11%

1
100
—1

Equipment.

Equity Corp common
$2 convertible preferred.—..

•••"

625

24%

Electrographic Corp comomn—_
Empire District Electric 5% pfd
Empire Millwork Corp

2%

Feb
Feb

146

1,800

Feb

12

Jan

17,000

4% Mar

Feb

9%

Jan

12%

8%

2%

5%
120

26%
UV2

7% Mar

Jan

.225

25%

4

Mar

2,600

•ft'25%

Electric

91

Jan

~8%
133

5

Jan

112

~7%
130

Share

17%

Jan

Jan

34

12%

Jan

Mar

Jan

77 Va

Jan

34

V 12%

12%

108

15%

72% Mar

1
•

$5

Easy

Mar

1*»% Mar

550

•

116% 121%

beneficial int_._l

Feb

Jan

6

3%

of

6%
22%

1% Mar

1

shares

18,400

14%
-75%

shares of beneficial int
Washing Machine class B

Jan

11% Mar

2a 6d

Common

^130

*
*

preferred seires A___.
preferred series B-.
Eastern Sugar Associates—
$6

Feb

3%

#.->*8%

ii

21

82

110% 110%

—25

Iron

Corp.

$7

Feb

"

•

•

al3%

5^75%

Eastern

7%

1

;—1

common—10

prior preferred.——100

page 35.




900

-

Jan

Jan

8%

100

.—»

comm.in—

Finance

Apr

8%

£1

rets B ord
W) Co common

Products

500

300

10%

Mar

205,800

•

Amer dep

Carter

Feb

1

5%

28 Vb

6

15 %

Ltd—

Amer dep rets

36%

10%

Corp

Eastern Gas & Fuel Assn

5

2.50
&

(The)

12% Mar

12

100

19.50

common

Power

>

Jan

2%

.

—4s
1

reg

12

22

•

,—1
common

Co—

Co

rets ord

dep

Feb

•

Baxter & Kennedy Inc

Carman

Jan

5%

Ltd—

Co

American

51

112%

Canadian Industries Ltd—

Carnation

6%

Jan

17%

1

vv 7%

;

preferred

Apr

4'A

4% Mar

10

Products——

Feb

71

14

common

Capital City Products
Capital Transit Co

Jan

4%

1

1

Jan

22

•

wi—

Oil

Canadian

27%

9%

75%

& Raynolds class B
1
Devon-Leduc Oils Ltd..—.—.——25c

20
Ltd

Atlantic

7%

200

•

—.

Oils

29

Jan

3,400

1

Foundry
Mfg Co.

Hardware

Jan

3%

5

Ltd

11%

vvp•

1

12 Vb Mar

1,300

1

Estate

Co

~9

3

2.50

Manufacturing

&

Iron

10%

5,000

21%

—.

Feb

7'A Mar

Feb

13,100

-

Dunlop Rubber Co Ltd—
American dep rets ord reg

Products

Bread

5

21%

14%

21%

.

57/b

900

16

12Vao

Calvan Consol Oil & Gas
Canada

5'A

1

10

17%

' TiStVa

2.50
5

Brothers Inc——

Feb

2% Mar

800

19%

Calgary & Edmonton Corp Ltd

Camden

200

28%

2

: 2
£ 8

Mines Inc—.—:
10c
Dayton Rubber Co class A
—35
Dejay Stores common...—..——50c
Denniscn Mfg class A common..
5
8% debenture
;
100

Class

Electric

Feb

100

7%

5%

Day

DuMont

California

Jan

6%

xl8% Mar

Jan

20 Vb

10

35

1% Mar

Mar

15%

4%

!17%

*

31%

900

19%

'

1

2,700

D

10 '/a Mar

1,200

6%

12%

6

12%

2.50

Burry Biscuit Corp

Sugar

4,000
"600

10

35%

—-6
1-

Lighting Inc common
Manufacturing Co (Mo)

Davenport Hosiery Mills..

x20%

7,000

12%

.

13% Mar

Feb

—•
—

Jan

Feb

21%

4%

Jan

25

—

12%

2.50

Buckeye Pipe Line

Cable Electric

1%

'

7%

r/

14%
10%
3%
'54*'

——5
partic—-•

Dominion

6

28 %

12

Sugar common
bp.
common—..—*

Apr

50 %

12%

Jan
Feb

Feb

■

Jan

217/a Mar

800

1

common

Jan

12%

Jan

67 % Mar

Jan

15%

Feb

1,700
:

6%

106

Distillers

3 VB Mar

8%
76 V4

xll%

18 %

17%

21

10

Cuban

81

—

preferred

Feb

Jan

•

Bruce (E L) Co common
Bruck Mills Ltd class B

Calamba

11%

9

common.—.——25c
Crystal Oil Refining common—
u*

Jan

Mar

—

:.v-

common

Co

26%

--

2%

preference

Rubber

2,800

Co

Drug

12

7

3,000

6%

preference

Forman

22%

— —

——

cumulative junior

Brown

13%

Jan

7 Vb

Jan

22 Vb

Devoe

B ———

Company

Cork Internat'l "A"

6%

11%

rets ord reg
Columbia Power class

Class

Co

Brewing

Croft

4'/2

2%

7,400

7%

—

Amer dep

British

75

28%

PVV'/.Cv

'■■■

Petroleum

Feb

10

Ml

Amer

dep rets ord reg
British Celanese Ltd—

23%

4%
4%

(ord reg)—£1
—-:
5
.1

American dep receipts
Creole

Detroit

Co

175

1%

1%
18%
21 Vt'
—

—-—1

common

Jan

American Tobacco—

Oil

Petroleum

Feb

30% Mar

Amer

300

12%

•
C:
*
^2'
Cornucopia Gold Mines
5c '
7 %
Coro Inc ————' 9%
Corroon & Reynolds comomn
1 ..
—
$1 preferred class A—.
• •

Crowley Milner & Co——
Crown Cent Petroleum (Md)

23 '

British

11%
72 %

127/a

.

5%

2,700

common-

British

Apr

7V4

6 % Mar

700

Feb

20

7

100

.

3,000

3%

-

600

4%

Bridgeport Gas Light Co
Brillo

Apr

77 V2 Mar

10%

Jan

Mar

38

6% Mar
!

70

'

-*

7%

8%

16%

Jan

5 Vb

500

V

14%

Brazilian Traction Lt & Pow ord—
Breeze Corp common

1,300

13%

Jan

24%

Mar

9% Mar

JxM'

%%

Bowman

3,100

8 %

23%

1

2%

Jan

14

1,200

3

prior cumulative preferred_100
Borne Scrymser Co
5
Bourjois Inc
1

6%

;■

1956

to

11%

■

&

common

Blumenthal

15
5

200

10%

14%
5%

15

*

7%' Mar

Jan

36

11%

10

Public Service

39

35% Mar

100

23%

10%

1

Birdsboro Steel Fdry & Mach Co com.*

20

8%

$6

Bickford's

•

7%

70

—_—

15%

9 V2 Mar

4

Jan

5% Mar

Jan

2V2 Mar

1,000
1,100

2%

35%

5%

14% Mar

1

common

36

12%
13%

Jan

2

16,900

~8% ~8%

1

common

Jan

10%

79

Feb

1

Shoe Corp

Aircraft

8%

1

Telephone of Canada common—28

Benrus

Jan

3%

v.y

—1

Jan

86%

8%

Cosden

—

Baumann

Bell

Jan

4 VB

7%

Corp—

Steel Corp
Refractories Inc

(AS)

Xl4%

Andes—

shares

Barium

Beck

36%

12 % Mar

800

Barcelona Tr Lt & Pwr
Basic

Feb

Jan

33

5,500

13%

Co

12%

Jan

7%

(H) Distillery Ltd—
A voting
Class
B
non-voting__

B
&

11% Mar

6%

Class

Baldwin Rubber common

1,000

12%

74% Mar

'

Corby

Babcock

Feb
Jan

20

77

Engineering Corp
50c
,V127/b
Consolidated Gas Utilities
1
f.l3Vu
Consolidated Liquidating
•
Consolidated Min'g & smelt'g Ltd
*
,36%
Consolidated Royalty Oil
10 - f 13%
Continental Car-Na-Var Corp.
1
* __
Continental Commercial Corp.—
1
4%
Continental Foundry & Machine Co.. 1-- £20%
Cook Paint & Varnish Co
•

ext

Vtc

'

18

Feb

227A

36

Consol

Apr

7%

"5%

27%

—

Sand' & Stone

Community

Jan

1%

5%

•

Voting Machine
Ayshire Colleries Corp common

9%

% Mar

500

V

18%

8

Apr
Feb

18'A Mar

72%

94

3

Automatic

Airlines

Colonial

Compo Shoe Machinery—

18%

26%

6%

-

Development

Colon

Jan

11%

Aluminum

Colonial

Jan

50

1

275

—~

•

ordinary—...
——1
Co
—
1
Colt's-Manufacturing Co.—__
25
Columbia'Machinery & Eng Corp.—10c
Commodore Hotel Inc
1

Feb

47%

95

Feb

27%

11%

__

•f

-

common_i2__20
Products Co..—
*
Equipment Co——*

Cockshutt Farm

72

•
■

Corp

Coal

Clinchfield

Jan

2%

4 Vb

Lambert Manufacturing—4

&

5%

3,500

%

1
Inc

Hosiery Co—

Claussner

4%

12%

-

Products

13%

Jan

115% 115%

SO

—

Inc—

Neon

4

11% Mar

21%

1

Jan

6%

•
1
1
1
5

Manufacturing Co

140

72%

3 V2

77

10

Co.

Controller

Clarostat

Feb

48

•

A—

Co

Jan

2,600

•

Fisheries

Line

5%
15

5%

£1

class

Jan

13% Mar

108'%

16%

100

76

—

5

Stamping

Auto

5%

106

—

Feb

Apr

4%

81%

-

1
5

City & Suburban Homes
Clark (The) D L Co—

Jan

':

reg

Laundries

City

Feb

9

'

American

Jan

10

2% Mar

5%

108 %

7%
12%

22%

.*

Lines

Cable Corp

15%
^

*
10
•
•
50
2.50
—1

preferred

Circle Wire &

14%

•

common

non-voting

Chief

Jan

Claude

7%

Gas

Jan

11%
3%

Clark

Angostura-Wupperman
——I'
Apex-Elec Manufacturing Co
1
Appalachian Elec Power 4%# pfd—100
Argus Cameras Inc
1

com

Mining

Consolidated

4%

Jan

11

5%
14

4%

Jan

Jan

Jan

Jan

4%

700

158

Feb

143

600

11%

14%

5%
5%

9 %• Mar

10
5
104

common——

Cherry-Burrell
common—
Chesebrough Manufacturing
Chicago Rivet & Machine

40%

Jan

200

A

Corp

Charis

52%

1,000

class

Jan

34% Mar

4%

Natural

40

Mar

1,900

12%

6%

;

35

Jan

'5,900
29,000

26%

26%

•

Chamberlin Co of America-!— ——2.50
375

36

Jan

30

1,300

33%

26 %

:

4%

common—.2——10
Century Investors Inc
2
Convertible preference
—10
Cessna Aircraft Co common—i———l

8% Mar

High
17%

Apr

7%

11

12%

Century Electric-Co

4%

Common

3.50%

30

25%

12%

Arkansas

Feb

93%

2.40

shares

Central

93% Mar'

Jan

33%

Conv

Feb

1 % Mar

16

12%

6%

6%

'

preference $1.50 'series
—• preference $1.40 series.:—_—•
Maine Power Co-^*
preferred
100
Ohio Steel Products
1
Power & Light 4% pfd
100

Conv

Low
200

16%

16

—

Range Since Jan. 1

High

Low

•
1

Ltd
Central Illinois Secur Corp

93

Anglo-Lautaro Nitrate Corp—
"A"

1%

Jan
Mar

America

25%

25 %

of Prices

Shares

,

10
2l

>.

Explorers

Central

Jan,

—1

common

rets ord reg

dep

Jan

16%

4,600

Anglo-Iranian Oil Co Ltd—
American

25%

12% Mar

1

35%

Chem class A—*'

&

21% Mar
16

pfd—25

B

16

-

of

Corp

Catalin

Apr

800

22%

13%

con*

96%

Jan

89

1,950

22%
15

350

96%

96%

for Week

Sale Price

Exchange

High

Low

Castle

$3.75

Sales

Range

STOCKS

High

Aluminum

Week's

Last

Sales

Friday

.

1%

2VB

162,000

1

1 Vb

41,200

%

Jan

18%

Feb

9%

Jan
Jan

22

1%

Jan
Mar

34

%

Jan

345'a Mar

\

Number 5105

Volume 175

*

The Commercial and Financial Chronicle

•.

.

(1461)

NEW YORK CURB EXCHANGE
RANGE
Week's

Last

Range

Exchange

of Prices

Shares

WEEK

ENDED APRIL 4

for Week

Sale Priee

STOCKS
New York Curb

FOR

Sales

Friday

Low

Par

Friday

Week's

Sales

Last

Range

for Week

Sale Price

of Prices

Shares

STOCKS

Range Since Jan. 1

High

Low

New York Curb Exchange
Par

High

Low

Range Since Jan. 1

High

Low

High

1

Fairchild

Engine &

Fansteel

York

First

6%

6%

13,700

26V4

25%

26%

5,700

10

56 %

10c

(Phila)

Corp

600

6'A

*

Airplane

Metallurgical

Association

Fire

25%

1

common

23%

3%

24

1

Ss Instrument

Fairchiid Camera

,56

3%

Fishman
Ford

(M H)

Motor

Co Inc

10%

3

Jan

3%

Jan

Jan

33%

Jan

10 V2

Jan

11 % Mar

50

Feb

61

Feb

68

6

59%

59

61

4,800

*

65

65

65

25

Fox

Pitt

of

5%

1,300

7/a

%

lit

3,100

% Mar

lis

1

8 V4

8(4

8%

700

8'4 Mar

9y2

1.25

9%

bearer

Brewing Co

.

Brewing

—

(Geo

A)

10%

9%

10,200

1

common

convertible preferred—

Fuller

5

France—

deposit receipts

'Peter)

5%

£1

rets ord reg

Franklin Simon & Co Inc
4 % %

200

2,300

5'/8

6,500

Stores

Brown

—1

1%

1%

600

2%

2(4

600

(N J)_

common

3(4 Mar
18

Mar

3%

Feb

1% Mar

4y8

Jan

24%

Feb

5% Mar
2

Preference

Julian

&

.

Kokenge

Oils

Jupiter

Co

*

—

15c

3%

4%

1

Ltd

1%
22

5%

4%

262,600

Jan
Mar

Feb

2%

Jan

2%

Feb

Jan

23

4%

Apr

Ltd—

Co

American deposit

Fort

3%
20%

4%

common

Jan

*

voting

Motor

Co

,

B

American

Glass

Mar

Mar

Jeannette

Mar

54%

100

A non-voting

Ford

Jim

60

31

Class

Motor

Feb

56

Apr

3%
19%

Jerry O'Mahoney Inc

75

Class

Ford

Jefferson Lake Sulphur Co

Jan

1

*

Jan

29

800

33

10%

1

Canada—

of

3%

Jan

7V2

Apr

1

10c

28%

Feb

6 %

25 % Mar

400

33

dividend cumulative preferred—1

$2

57

23

..

—.

7%

9(4

'

11%

10%

11

5

Co

600

10%

Jan

11% Mar

Feb

9V4

Feb

Feb
Feb

45

Jan

43

.50

11%

Feb

K
Kaiser-Frazer Corp

Jan

Gas & Electric 4y2%

Kansas

—

...

_

*

(Walter) & Co

25,100
300

11%

5

_

_

Key Co common

11%

150

8%

350

9%

5,900

36%

9%

9%

300

21

20%

—-

*

common

8y8

8%

5

__

Kings County Lighting

6%
25%

Jan

5%
100

*

Kennedy's Inc
Kidde

5%
24%

pfd.,„100

Co

Kawneer

100

7

Mar

Jan

103% Mar

Jan

24%

25% Mar

11%

Feb

13

Jan

8%

Apr

10 VB

Jan

Jan

21%

20

Jan

8%

Feb

9% Mar

'

4%

cumulative preferred

50

1

:

50c

Gatineau
5%

Co

Power

common

18%

:

—

100

Mfg Co common
Acceptance

General

Alloys Co
Builders

200

17%

Jan

18% Mar

95

10

Jan

99

Corp

Supply

Corp

Electric

Amer

ord

General

Finance

General

Fireproofing

General

Outdoor

General

Plywood

5%

5%

pfd A

Adv 6%

Corp

Gladding

$6

&

2(4 Mar

200

10 (4

~4

20

50

2% Mar
Jan

9

~4%

10%

12

Jan

2%

Jan

xll%

Feb

116(4 Mar

Jan

108 (4

Jan

4

Feb

5%

Jan

24,100

20

600

15(4

15(4
9(4

9%

Jan

10%

Jan

12%

Jan

18

Feb

20

Apr

14

Jan

13%

17%

Mines

10%

Jan

Apr

11%

Jan

14%

600

14(4 Mar

15(4

Jan

20%

600

20

Mar

25(4

Feb

Apr

5%

Jan

1,900

50(4

49

9(4

15,300

4(4

3%

3%

3%
48(4

5

Pacific

Lakes Oil

&

Northern

1

19(4

Feb

Laclede-Christy
Lake Shore

Jan

7%

15%

Jan

Feb

127(4

Feb

2,100
275

130(4

210

3(4

—

129

Mar

2%

Feb

133(4

Jan

3% Mar

1,100

18%

Jan

61%

Feb

350

58

52
18

Mar

22(4

Jan

•?

,

11

Mar

-I

5

™—

♦

Bridge Co Ltd
Paper Co common.

1

4

•

••

*

250

1%
6%

1,400

10%

1,200

3%

900

40

39

14%

14 y8

14%

*

16%

16%

13%

13%

2

__

39

*

Corp

16

16%

500

__

14%

Feb

1,400

5

Jan

16

Feb

19% Mar
48 %

Jan

x46 V2

Jan

1%

Jan

6%

Jan

9%

Apr

10%

Jan

Feb

4%

Jan

Apr

45 V2

Jan

-800

6%

3%

Apr

18% Mar

9%

.

3%

10c

Co

150

48%

47%

:

9%

1

..

15%

4

-i- '■

1%

2

_

900

:
— —

1

Co

%

4%

15%

:
■

48

Lithographing

Corp

Monotype

25c

Mining Co

5(4%'
4 "Jo

common

A

...

common

Lefcourt

Hercules Steel

—

Loblaw

7%

'

3%

Stores

Lone

Louisiana

Land

Louisiana

Power

Lynch

Public

Manischewitz

Marconi

>

3%
39

2

Jan

6% Mar

Hubbell

(Harvey)

Marion

Refining capital stock—*
Hurd Lock & Manufacturing Co.
5
Huyler's

Common

III—5

Merritt

._*

Chemical Industries—
American dep receipts registered

Imperial Oil (Canada) capital stock—*
Imperial Tobacco of Canada
5
Imperial Tobacco of Great Britain &
Ireland

:'

92

Jan

99

Mar

67

Feb

78

Feb

7%

3%

Jan

Feb

5%

Apr

7%

7%
4%

Feb
Jan

Feb

7

Jan

8Va Mar

xll% Mar

12%

Jan

13% Mar

15 Vs

Jan

3%

2%

1,400
300

23% Mar

28 y4 Mar

14

100

13%

Jan

14

Mar

44

200

43 %

Apr

46

Jan

30

132%

Apr

140

Jan

43%
Xl9%

105

104

\

81%
3%

m.u-

83

3%

2%

6,800

3%

400

Apr

19 V4 Mar

100

Jan

Jan

23%

Jan

105%

Jan

Mar

33%

Feb

74% Mar

86j/2

Jan

4%

Jan

30

„

79

3%

Feb

4%

15%

1%

1,300

%

Jan

2%

Feb

10%

1 (4
10

16

1,750
150

105

225

6%

Jan

12%

Feb

4%

500

4%

Feb

400

15%

Feb

16

23%

23%

25

4%

(.5

1,500

23% Mar

700

■.

5

4% Mar

40%

38%

41%

10%

10 y4

10%

4% Mar

18%

Jan

31%

Jan

5

300

1

Co

$2

*

21 y8

21%

22

Feb

22

Co

International Petroleum

coupon shs

Registered shares

Iowa

3.90%

Service

Irving
Italian

Air

1

98 V* 100

36%

850

39 Vb

37%

40%

11

10% .11

Co.

8%

7

*

v

t c

Ltd

93

Hone

Chute

6%'

1

Superpower Corp
see

com

Dane

cl A
35.




6

6

•

1%

1(4-1%

20%

Feb

25%

7%

400

7

Jan

31%

25

30

Jan

31% Mar

31%

Jan

31%

Jan

21%

Feb

23%

Jan

25

Jan

27% Mar

12

Feb

13

——

—

150

25%

26%

4,800
S,

51%
112%

51%

'

,■

Jan

46%

Feb

50

111%

Jan

114

Jan

15

Jan

16V2

Jan

14%

14

Jan

543/8

17,700

54%

112 y4 113

14

Jan

Jan

8

400

13% Mar

*

13%

500

13%

500

15%

Jan

16%

200

14%

Feb

16(4 Mar

30 y«

Feb

31

'-Mar

43

Jan

47

Mar

1

46

1

}:■

■>* co

46

4%

Jan

4 Vb

Jan

Jan

13%

Jan

Mar

12%

Jan

13%

13%

1,300

12%

11

11%

2,600

11

9

II %

Jan

450

48

Jan

9%

Jan

53% Mar

52%

53%

24%

23'/4

25

8,000

15% Mar

25

13%

14

3,800
7,600

12% Mar

15%

Jan

2(4 Mar

3 Ya

Jan

-1

Mar

2%

13%

2%
10%

200

13%

2%

14%

16,700

7%

Jan

200

5%

Jan

6

Apr

Jan

53

Jan

'

25c
1

*

—10
1
common....

1

Mar

3j/4 Mar

—

Jan

13

14%

4%

Feb

Jan

"7%

"7%

300

7

Feb

8

Jan

8%

8%

9%

400

8%

Apr

10 Vb

Jan

1

1

1%

1,600

Mar

1%

Jan

1

1,100

1,500

18%

19

19%

10,100

8x/4

Jan

14(4

Jan

17%

Feb

20%

Jan

Feb

20 V4

Feb

25%

7%
14%

12% Mar

11%

7%
13%

13%

preferred—*

shares

*
—*

16 (4

*
1

™i

16%

550

5%

16(4

50c

5%

500

29(4

29(4

3(4

3%

Feb

26%

Jan

15%

Feb

18%

Jan

Feb

5%

Jan

7%

Feb

200

27%

Feb

32 %

3%

3,000

3%

Jan

4(4

Jan
Feb

800

6%

Feb

5%

Jan

30

5%

50

5%

30%

15%

16

3,800

15

Mar

100

50

100

Mar

15%

100 i

100

75

*

Monogram Pictures common

17

16%

17

900

1
1

common

43%

43%

46

9,300

Co—
4.40%
cumulative preferred
100
4.80% cumul preferred series B—100
4.50%
preferred series C
100
Monroe Loan Society com class A
1

5

30%

50c

Corp

Monongahela

10

63

1

conv

Missouri Public Service

Molybdenum

6

6

—

15

4(4% convertible preferred™
Mining Corp of Canada—
Minnesota Pwr & Light 5% pfd

2%

3

30%

16% Jan
42

7,100

2%

50

3%

Feb

86%

Mar

Apr

Power

Montgomery Ward & Co class A

Tel

States

&

93

92

2.50
Murray Ohio Mfg Co
5
Muskegon Piston Ring common——2.50
Muskogee Co common—
-10
Muter Company common
50c

600
80

2%

32

Jan

17 '/a

Jan

103 Yt Mar

17%

Jan

53%

Jan

3% Jan

Feb

93

Mar

Jan

101

Mar

Mar

94

Mar

Feb

2%

Jan

Jan

175

Mar

33% Mar

173

36

Jan

168

4%

1,000

4

Jan

12%

2,100

11%

Jan

100 % 100 %

40

100 Vb

Apr

4%

4%

12

12%

is

is

—•——'

Mills

2%
173%

2%

2%

100

Tel

—————.

Vernon-Woodberry

93

97 V2

*

Moody Investors participation pfd
*
Morris Plan Corp of America
10c
Mountain States Power common—7.25
Rights

100

Feb

-a.— -

2.50

dividend

%

25

25

25

25

23%

22%

23%

300

9%

91/2

10%
26(4

3,800

9%

8%

26

~8%

8%

Mar

Jan

Jan

& Mar

Mar

16,100
50

4%

12% Mar
105

25

Mar

23 Vb

Apr

Apr

13 y8

Feb

400

22 V*

Jan

26%

Jan

2,300

7%

Jan

9%

Feb

16%

20% Mar

Mar

N

National

Jan

100% Mar

Inc

Hess

National Breweries

common

common

National

Fuel

National Mfg

National Phoenix

3%

8%

Apr

Rubber

Jan

National

Jan

National Starch

Feb

1% Mar

3

..

Radiator Co

83

7

6% Mar

Apr

Industries
National Pressure Cooker common

14%

Jan

Jan

2%

Fabrics

National Petroleum

Jan

Jan

3%

8,700

& Stores common
Ltd

Apr

11%

1

600

2%

Gas—

39 y8 Mar

5(4

4%

National

Steel

Machinery

Products

Car

National Transit

—_

14%

Ltd
common

*
—1
1
25c
10c
2
4
10
-1
*
1

15

...

100

17%

17%

48%

48%

25

13%

13%

14%

15'4

15

15%

7,400
9,700

25

40%

Jan

%

2%

preferred

Jan

12% Mar

Apr

4

2%

10

common

Jan

Jan

14%

4%

1
———*

—

Bellas

Jan

400

1

Corp

Jan

600

16%

16%

*

*

Miller Wohl Co common—

Mountain

Apr

16 Va

1

*

Co common—

10 Va

1,800

13%
16

—

Products—

23%

300
-

Feb

Apr

20%

*

Petroleum

Corp $1

63,900

13(4,',13%

5% Mar

18%

22

10

Corp

23%

77

13(4

Feb

100

£1

Inc

1,200

100

*

Jan,"

Jan

1,100

*

*

Corp

52,900

% "v-8%

4%

Jan

10

21%

Marine

Corp common

45,300
*

Apr
Mar

18%

22

1

National Mallinson

38%

8%

7%

31%

—

1

National

Manufacturing

footnotes

xl7%

Co—

preferred

Iron Fireman

98 %

*
10

Royalty.

Public

4,100

*

*

International Products

1

Midwest Piping & Supply common

7%
—50

Jan

Apr

10%

noncum

Midvale

Namm's

95

79% Mar

I

4%

13%

Jan

6%
19

■

Feb

16%

Jan
Feb

4%

23%

22

5
10

Mid-West Abrasive

Jan

Jan
Jan

Industries A___

*

pfd__

Co

States

Nachman

92

series

—*

Jan

15

11

23 Ya

26%

preferred

Micromatic

Feb

70

Investors

Jan

18%

Feb

International

1

Feb

300

'

23%

—

.

Michigan Sugar Co common

10%

50

Metal

13%

10%

Apr

800

$3.50

_

Michigan Steel Tube

10%

75%

Preferred

_

Light $6

Co

Brothers

41%

94%

Machinery
Hydro-Electric—

.1

*

A

Participating preferred
Michaels

Feb

74

International

Jan

Apr

9% Mar

7%

.

1

&

Michigan Bumper

Jan

94%

Cigar

500

"

9

19%

■

.—1

Co

Metal Textile

9%

74%

100

8%
19

Chapman & Scott Corp—
Iron

36%

5

International

Apr

14%

Feb

Insurance Co of North America.

pfd

...5

& Co.—

Mfg

9% Mar

63,800 '

£1

Indianapolis Pwr & Light 4%

9

& Co class B

Steel

Imperial

£1

.5

Warrants
Mesabi

Mt

Illinois Zinc Co common™.™.,.,

1,100

Dredging

Midland

27%

2%

xl9%

_*

Hygrade Food Products

7%

—5

.

Shovel

(A G)

Feb

;

20%

1

preferred

_

Harris common
(J W) Inc common

16%

1,100

132% 132%

1%

-

,

convertible

1st

Hydro-Electric Securities

7

common

Power

15% Mar

1,200

5%

132%

5

Inc common

Humble Oil &

7

Exploration

&

Communication

Oil

14

43%

III100

_1

Co

(The B)

Midland

5% Mar

27

2%

1

common

.

Watch

International

Middle

13%

'

preferred

15,800

Mapes Consolidated Mfg Co

Jan

13%

*

100

13%

- 15%

4%

—

Service

Stores

Mangel

Jan

500

31/4

—

*

Hardart

&

Jan

%
13

M

13%

13%

♦

4%

12

(Texas)

Mackintosh-Hemphill

19%

—5

& Co—

15

13%

2

Feb

1,000
3,300

Hardart Baking Co

.

600

'

15%

_1

Corp

Feb

11%

,

—5

.

class

Longines-Wittnauer

13%

11%

....

(Geo A)

5%

Jan

5

Star Gas Co

16%

11%

•-.™™™_i-

Horn

&

Jan

8%

*

75

5%

common

Hormel

Horn

5j/b

Apr

—

Jan

„

7%

3%

10

Gold Mines

__

Apr

7%

Inc

B

Jan

2.50

_

Inc.

Co

Inc

4%

300

Steel Chain

6%

5%

1

_

Border's

2,300

7%

University

Groceterias

Class

Locke

17%

__

"rnrnm»

10c

Higbie Mfg Co common
5% convertible preferred
Hoe (R)
& Co class A
Holly

4%

7%

...1

Mid-West Refineries

Holophane

4%

Liberty Fabrics of N Y

100

■

1

common

Products.—

Hollinger Consol

4%
—

(R G)

Apr

%

100

w

w

700

Realty common

Le Tourneau

14%

200

4,700

•'

100

preferred

preferred

Henry Holt & Co

110%

10%

33%c

Machine

Extension

Salle

La

6%
6

5%

5

Dept Stores common

Heller Co

1,500

10 VB

& Machine
of Delaware

Mead Johnson
4

;/

,

2.50

Light

Rubinstein

10%

10%

Massey

*

Hathaway Bakeries Inc—

Class

10%

Inc

Lanston

Jan

10

57
18

...

121

31,400

2%

57V2

,_5

Hammeimill

Helena

5

Mines Ltd

Lamson

Menasco

Hecla

Feb

Feb

14(4 Mar

14%

!

H

Hearn

Feb

13%

Foundry

Lakey

McKee

Hazeltine

Jan

9%

150

Company

Apparel

L'Aiglon

Mays

Havana

%

200

_

Stores

McWilliams

Hastings Mfg Co

%
13

14%
10%

25(4 Mar

5(4

200

2

Brewery

Grocery Stores Products common

Brewing

%

13%

Jan

1,550

2%

25

Co

Gypsum Lime & Alabastine.

Harvard

Mar

9

Apr

28

6 %

130

100

Chemical

Western

57%

Feb

121(4 124(4

122

*

Paper

Electric

10,800

Feb

4%

31% Mar

12

%

*

Krueger Brewing Co

Maine

1st preferred™

Great
Great

1% Mar

Jan

Tea—

stock

common

If Jan

Feb

24%

25(4

14%

78

53 (4

24(4
6

Jan

30

28

6%
14%

Jan

200

57%

28

25(4

Jan

42

31,700

57%

25
1

pfd

conv

1%

1

1%

1

58

Jan

73

60

Jan

27(4

4

Varnish
Manufacturing Co

Hartford

Jan

'•«—'

1

Feb

50

14(4

*

Grand Rapids

Co

Jan

7%

Feb

20

Graham-Paige Motors 5%

Lamp

Jan

22%

800

Feb

101

*

Consolidated

Hamilton

3%

3,100

Feb

107

Jan

900

18%

50

Hall

4,500

8%

10

(The) Forge Co.

Kropp

4

8%

"

——

Apr

Apr

8%
29

Jan

•

Griesedieck

Knott Hotels Corp
Kobacker

12(4 Mar

1

common

Sugars class A

Non-voting

Feb

19

Co Ltd

M

Co common
Rubber Co

(I B)

Feb

1

B

B

&

Kleinert

.

28

27

28

10

,

36%

7.50

G

(D Emil)

Klein

3%

108(4

*

Inc

Kirkland Lake

10%
,

5

Coal

Atlantic

Jan

113

99%

10

Co

Distilleries class

Goldfield

7%

2,400

11

114% 114%

4
11%

Goodman Manufacturing Co
Gorham
Manufacturing common

Great

2%

2%

*

$4.50 prior preferred

Gray

Feb

Jan

10%

1

Mines

Feb

7%

26%

2%

*

Gold

8%

50
800

103(4 Mar

*

...

:

(Adolf)

Class

300

8%
27%

preferred—*

Globe Union Co Inc

Godcbaux

.-9

9

8V2

27(4

27%

1

McBean

Gobel

Jan

—20

Co

Alden

2%

18(4 Jan

50c

common

common

Gilchrist

Glenmore

800

*

Corp
Yellowknife

Glen

2%

100

$5 preferred

(A C)

Jan

10

pfd

Georgia Power $6 preferred

Gilbert

Jan

2(4

2%

:_5

common

Gerity-Mich
Giant

8(4

300

£1

reg

Corp

Service

Public

General

4,100

3

25

preferred

conv

9%

2%

Mar

—;_^™_™

3%

3%

1

preferred

Jan

33

Ltd—

Co

rets

dep

9(4

2%

1

com

convertible preferred

5%

General

9V2

-

4%

3% Mar

1
*

General

99

1

General

18%

99

.*

—_

preferred

Gellman

—

1

Kingston Products

Kirby Petroleum

36

'

Jan

21

Feb

47

Feb

48%

Apr

13%

Jan

14%

16 Vb Mar

Feb

"*3li

3%

~3ll

49,200

2%

2 Vo

2%

95,300

7%

Feb

16% Mar

12 y»

Jan

20

2%

Feb

2

12Vb

3U

Mar

Apr

Feb

2%

Jan

Jan

14%

Jan

Mar

11%

Jan

12%

12%

600

"9%

9y«

9%

200

13%

13%

13%

700

14%

Jan

17%

17%

300

17 Vb Mar

18%

Jan

27

27

200

27

Apr

28%

Jan

1,900

4

Feb

17%

5(4

6%

9

12%

Jan

6% Mar

33

34

The Commercial and Financial Chronicle

(1462)

.

.

Monday, April 7, 1952

.

NEW YORK CURB EXCHANGE
RANGE

Week's

Friday
Sale Price

Curb Exchange

New York

■

Neoue

Mur Co common

ne

for Week

Shares

'

'''

Low

\

High

27/a

2%
18%

197/a

4%

4%

•

~

j(

2% Mar

18%

Apr

600

4%

Jan

2%

Feb

•

314

3 Va

3%

149,500

England Tel & Tel
—100
New Haven Clock & Watch Co—
1

109%

108 Va

109%

2,230

2%

2%

3%

1,300

British Dominion Oil Ltd

New

New

'«•

Jersey

New

Mexico

New

Park

7%

350

67

66%

68 Va

2,100

20%

22%

—1

2%

2%

2%

7,300
76,000

Land..

Arizona

Mining Co——
Co

6%

*
•
Rosario——10

New

Process

New

York

Auction Co common—

New

York

&

New

York

Merchandise..

common

Honduras

York Shipbuilding

New

Share

32%

32%
8%

8%

Jan

3%

Jan

8%
32

69 %

Feb

Jan

Feb

8%

34'A

Jan

Apr

9%

Jan

17

Jan

19

Feb

xlo

Feb

18%

Jan

2%

American
American

Utility

Nor„n

Canadian

Oils

North

Central

2

A

"9%

*

"9%

Ltd..

—25

3%

Oil—

—5

23 'A

22%

—-——1

4%

4%

Securities

Northeast Airlines

—50

87

pfd__100

4%%

Pub Serv

3

1%

18%

Jan

Jan

2{k

Apr

Feb

900

65,300

45 Va

7% Mar

3%

3^ Mar

24

4%

Jan

11'A Mar

3%

Apr

2,100

19'A

Jan

27%

Jan

1,000

4%

Feb

5%

Jan

87

10

83%

Jan

96

690

87'A

Jan

96

Apr

1,900

16 Va

Jan

17%

Apr

87

Feb

(

X94%

17%

17

17%

•

Novadel-Agene Corp

14,400

Apr

10%

io

87

96

Co

If

15%
43

Rayon $3 preferred.50

North
North

2

Brass Co

Ohio

Power 4%s

Old

Co

11

30%

26%

1,500

24%

Jan

97%

27

preferred

26'A

25

Lighting $4.50 preferred
div cum preferred
Petroleum

1

Pacific

Power

&

Public
1st

Service

Page-Hersey Tubes
Pancoastal

Oil

Pantepec Oil
Paramount

Class

t

v

Amer shs

100

3%

.

6%

1 Bol

67
37/a

5"%

6%

Gas

Penn

Power &

Penn

Water

&

Boys

44,900

100

13'A

300

18

Mills

13%

13%
13 'A

1

17"%

17%

*

preferred

102

Mar

2,400
30

pfd

Co

5%
23

Feb

Jan

67
v

3%
7%
45

Feb

Apr
Jan

Apr

4%

Jan

Feb

15%

Jan

13% Mar

15

Jan

15 %

18

Mar

39

Jan

Apr

44%

105%

*

41

1

40

Feb

27% Mar
500

9,400

5%

375
600

200

Feb

13% Mar

102%

38%

Feb
Jan

Jan

Co

common

•

Co.—

Packing

•

68

400

61

15%

Phillips Screw Co
Pierce

16

500

14%
22

Johnson

Ltd

28%
5%
14

4%

Jan

South Coast Corp
Southwest Pa

Pioneer Gold Mines Ltd

Jan

106% Mar
44%

4.48%

Polaris

Scale

69'A

Apr

8,000
400

—

36

37%

400

25c

2.50

24

Feb

100

35/3

200

21%

25

~}g

Feb

2%

Apr

2% Mar

3%

Jan

51%

Jan

58% Mar

36

Feb

42%

Jan

6'A

Jan

5% Mar

3%

Jan

3%

Feb

20% Mar

22%

Feb

4%

4

4%

2,100

3%

Feb

5

7%

,

•

preferred

5%

3%

21%

5%

4

3%

Feb
Jan

Jan

9%

Jan

Jan

13%

Feb

Jan

47%

Jan

61%

Feb

69% Mar

103

Jan

100

21%

16 % Mar

4%

2,100

28

4%

3%

Jan

105

Jan

24

Feb

18%

Jan

Apr

29

100

5

Feb

27

4%

29

Jan

4%

1,600

4%

39%

40%

4,600

Standard

5%

38%

Feb

45%

3%

Feb

4

Feb

23

40

__

21

-

__

4%

4%

4%

10

10

8%

4%

Feb

4%

Jan

600

9%

Jan

11 Va

Jan

10

7%

8%

700

,

43%

1,100

f5

5%

5%

440

6

Jan

45%
31

32

29

29

50

45%

31'A

45%
28

Apr

41%

Jan
Jan

28

Jan

Apr

33%

Jan

29%

1,500

29

Apr

30%

Jan

1,700

23%

Jan

25%

Apr

I

Jan

25

24%

25%

23 %

23%

23'A

100

8%

8%

100

700

21% Mar
6

Jan

7%

7%

1,100

7%

Jan

of

4%

4%

4%

100

4%

Jan

5

; Feb

4%

4%

4%

200

4'A

Jan

5

Mar

18

%

1,500

%

Jan

1

Mar

2%

2%

1,200

2%

Jan

3%

—

16%

17 %

600

16%

Apr

18 Vx Feb

19%

19%

19%

400

17%

Jan

21

Jan

2.78
1
20

2%

56 % Mar

39 %

39%

1,600

10%

10%

11

4,100

21%

22%

250

1

8%

8%

37,400

6%

20

*173%

common

39%

8%

*

179

class

Canada

8%

8'A

8%

800

1

6%

6

6%

3,000

———1

B—

1

ordinary

.___

5

Products

Co

B)

♦

com—5

Stroock

*

(S)

Sun

Ray
Superior

&

Co

Drug

Oil

Inc

class

Mar
Jan

10%

Jan

Apr

7%

Jan
Jail

5

1,900

4%

Jan

5%

1,900

3%

Jan

4% Mar

31%

700

Apr

34%

Jan

20%

1,400

20

Jan

21%

Jan

14%

200

13%

Jan

14% Mar

200

7%

Jan

8%

Feb

8

2%

2%

2,300

2%

Jan

3%

Jan

3'/a

19
—

8

31

•

3%

2,100

3 %

Feb

3%

Jan

17 Vo Mar

24%

Jan

19%

19

5%

'

125

6

5

Jan

xl9

1,000
•'

17%

17Va

25c

common

Finch

9

180

Jan

7%

Feb

■

Cement

Inc

Superior Tool & Die Co
Swan

9% Mar

Jan

4

1

common

Portland

Jan

Jan

14

3y8

*

Mar

20

2%

5

Mar

31

——

;

common

Feb

12
24

c*

31%

10c

(Hugo) Corp
Stop & Shop Inc

41

Jan

Jan

8% Mar
6

Jan
Mar

4%

1

Stinnes

9

64%; Jan

3%

3%

»

common

Sterling Brewers Inc
Sterling Engine Co
Sterling
Inc
(J

179

.1

Corp

38%

20%
7

♦

Co

Sterling Aluminum

Stetson

Feb

59%

21%

Corp

& Co

12

56%

—10
__—1

Light

Products

(A)

24

59%

A<

Co

46% Mar

26'A
31

——10

B

Standard-Thomson

Stein

Jan
Mar

700

—

1

I

Tube

I 9% Mar

42% Mar
f5

5

Corp

&

class

(The)

Jan
Jan

'

4,500

43

__

Jan

•

•

preferred

Standard

Feb

.1

preferred

Power

Jan

Jan

—

25
25

Corp.

Convertible

Jan

21%

1,800

5%

80

9%

6%
1 Va

15

39

900

17

_1

Inc

(Ky)
;
Packaging Corp

Standard

23 %

900

2%

__

16%

25

25
25

Brewing Co
Standard Dredging Corp
common
$1.60 convertible preferred

Feb

Jan

58%

1

1,750

4% Mar

•

Standard

Standard

4%

2%

Shoe

Stahl-Meyer

Starrett

Feb

54%

lo

400

x22% x22%

17

Jan

3%

2%

•

common

6,900

104% 104'A

—
__

25

cumulative preferred—
cumulative preferred
Pipe Line
Southland Royalty Co

16

500

57 %

5

Mining Co

1st

68

10

4.32%
4.08%

Jan

4

1

Powdrell & Alexander common
Power Corp of Canada common

6%

68

1
12.50

common

Southern

Feb

Jan

50

Pittsburgh Metallurgical common
Pittsburgh Railways Co
Pleasant Valley Wine Co

8% Mar
10%

1

common

convertible preference
convertible preference

4.56%

Jan

8%

2%

13 % Mar

44

•

Pipe Line

Jan

7% Mar

2,3G

2%

% Mar

Jan

% Mar

100

10%

———1

.

original preferred
cumulative preferred

5%

3%

Mar

3%

1

Aircraft Corp common
Pittsburgh & Lake Erie

5

500

£1

4.88%

Common

600

23%

2

•

Jan

1

42

Southern California Edison—

$7

73/3

21%

3

14

10%

1
—•
20

South Penn Oil Co common

Jan

7%

21%

——

Manufacturing

Boss

Apr

shares

Piper

Pneumatic

7%

1

Amer

'

__

10c

—

Governor common

Pinchin

__

Corp

Sonotone

76 %

3% Mar

67

15%

Feb

1,300

n
14

.*

Pattern common
Simpson's Ltd class B
Singer Manufacturing Co
Singer Manufacturing Co Ltd—
Amer dep rets ord registered
Smith (Howard) Paper Mills

Oil

Mar

23

3%

J an

Publications—

preferred

convertible

$3

Standard

43

Feb

41

3%

__

__

Jan

Jan

2%- Jan

*

Simplicity

Forgings

Jan

105% 106

5%

5

i*
_L '

*

common

Simmons-Boardman

Steel

Philadelphia

5%

600

42

Canada

of

Standard

39%

5%

1%

9'A
33

Jan

100

preferred

Jan

450

4

Pepperell Manufacturing Co (Mass >^.20
Perfect Circle Corp
2.50

Phillips

common

6% Mar

Jan

14

700

*

Shoe

Spencer

4%
13

5%

_.

5%
13%

2

Apr

42 'A

__

14

100

(The)

Jan

Feb

1,300

*

com

Jan

2%

Mar

6%

41

5%

I

Light 4%%

Jan

95

Mar

21%

41%

.25

class A

Power

75

25
2.50

&

40

6%

• '

common

common

Electric

39

__

2

—;

Co

Penn

Apr

65

500

Corp

15

100

4%

Telephone

100'A Mar

24%

13 %

cumulative

102

Jan

17

4%

45

Apr

"3% "3%

3%

,

Jan

Jan

4%

45

Mar

Jan

Jan

13%

45

Apr

...

22%

322,000

Mar

9%

200

2

A

$1 cumulative preferred

Pep

102
24%

Jan

27

Apr

1

class

Plymouth

Traffic

26%

325

2

Pennroad

Apr

1

Patican Co Ltd

Penn

27%

152,500

3%

*

Parkersburg Rig & Reel

$1.32

27

Jan

Corp

Co

Peninsular

Jan

25%

15

23%
66%

__1 Bol

c

B

Patchogue

25%

600

Company

Chemical
Pen

2,700

15%

common

(C A)

28%

102

23%

•

(C A)

Motors

30

Jan

common

preferred

Feb

Jan

95

.100

pfd

33%

26%

12

14

13% Mar

Jan

29

101

101 %

Mar

100

•

Ltd

Light 5%

1,000

101

•

Pacific

Parker

Jan

1,000

—

Park

Jan

20%

2,600

27

$1.30

54%

Feb

13%

25

Pacific

Apr

17%

33%
30
28%
26%
27%

1st preferred

$4.40

45 %

400

13

1st pfd series A—25

Pacific

1,350

2

1,400

28

Jan
Jan

5,500

27

11%' Feb
3% Jan

Jan

9%

*

8%

2%

Jan

Silex Co

15 % Mar

2'A

Jan

8ya

Jan

600

18%

2% Mar

600

Feb

,;Jan

11 %

2,100

Feb

4

1,700

25

Sherwin-Williams

Jan

4,600

8%

*

Jan

7%

1

41jf: Apr

1%

8%

13% Mat*

9%
3

5

Mining

56%

xl6%

46%

Jan

15%

1

Shawinigan Water & Power
4%

Jan

%

3/tf Feb

8%

2

10c

Feb

107% Mar

37

2%

2

1

common

2

47% Mar

3,300
1,700

60,200

8%

*
*

Sentry Safety Control
Serrick Corp class B
Denn

18

418

ft'

1 Va Mar

147/a

redeemable
1st

Feb

41%

7/a
4

14'A Mar

77/a

redeemable
red

Corp

Radio

Sentinel

x40%

300

14%

5%

4.80%

1%

h '5 '

9,400

Jan

—

,;.n

-

1%

16%

—

Fea
Jan

14%

14% Mar

25

5%

1%

500

—25

—

Apr

14%

16

5%

1st preferred

1st preferred

4%

1%

15%

.

2,300

ig

♦

33%

5

14%

Corp of America class A
Sicks Breweries Ltd

<

4%

1

Sherwin-Williams

5

6%"-Feb

*

Segal Lock & Hardware
Selby Shoe Co
Semler (R B) Inc

Jan

1st pfd—25

Feb

4%

1

Inp_,

Bros

Seeman

Jan

33%
29%
28 %
26 %

5%%

Corp General

Securities

43

47%

Apr

4%

2%

36%

20

9%

3,400

27%

Steel Co common

Scullin

Feb

19%

Jan

1,000

6 Va

*

Inc common

(DA)

Schuite

Feb

45%

!

10%

*
1

Jan

common

Pacific Gas & Electric 6%

5%

—

Inc

39%

-—1

Can

Schick

33%

45%

11

9%

4%
8%
2%

103%

O'okiep Copper Co Ltd Amer shares—„
Securities
1

1

5%

40'A

10

77/a

8

5%

1
1

United

250

•

6% Mar

10%

♦
25c
1

Corp Ltd common
Corp common

Lawrence

Samson

1,500

Overseas

Pacific

St

Sapphire Petroleums Ltd
Savoy Oil Inc (Del)—
Sayre & Fisher Brick Co—

36%

——1

Jan

21 % • Apr

„

5

Inc

11

Jan

;

42

—

High

,Mar

15%

-

35%

Filters class B

United

Oliver

225

68,300

ill II

& Haynes common

25

Company common..

Olympic Radio & Telev Inc
Omar

47%

21%

«

41%

36%

15

Gas

Town Corp

5,000

107% 107%

100

preferred.—

Natural

Oklahoma
Okonite

•

class B common

Ohio

l7/a

4714

50c

Ogden Corp common..

.—1

Aeronautical Co.
Petroleum

Shattuck

1%

18

1*1.25

Seton Leather common

O
1%

20 Va

10

Jan

8%

,

500

5

900

Jan

100

6,200

10%

Jan

3,900

16

Low

10

Jan

23%

17%

15%

Range Since Jan. 1

High

10%

Feb

80

Jan

17%

Nipissing Mines

Northern Ind

6% Jan

16'A

15%

RR

Ryerson

17%

*

Penn

Feb

3%

Jan

17%
2%
65

; 700

Ryan Consolidated

1

Niles-Bement-Pond

North

:

Ryan

Feb

Shares

'

;

:

•

Apr

—5

common

Texas

''4.

3%
111

Corp—
—

Corp

'

A*.—

■F 8%

32%

——10

Founders shares

Niagara

.*

Jan

for Week

Low

1

4%

Jan

65 % Mar

.vr:'.•

—

)

Par

Corp common

(The)

Rowe

R^yalite Oil Co Ltd
Russeks Fifth Ave common

22

Jan

2%

20%

25

Zinc&

108

1

preferred—20

convertible

4%%

New

Jan

»

800

.

.

3%

Sales

*

Range
of Prices

Sale Price

Exchange

High

Low

6,500

Week's

Last

STOCKS
New York Curb

Range Since Jan. 1
:

3%

18%

-30c
2.50
1

Meter common.——.

Neptune

'1

Par

|

Radio

Union.

National

APRIL 4

WEEK ENDED

Friday

Range
of Prices

Last

STOCKS

FOR

Sales

Corp

15

'

<V'

17%

600

17 Va Mar

4%

24%

25

3%

3%

1,600

3Va

Feb

14 Va

15%

500

13%

Feb

18%

~3%

4%

24%

•
1

'

100

,

4%

23

Jan

21%

Jan

Jan

5

Jan

24 % Mar

26

Feb

3%

Jan

8% Mar

31

31

31

Jan

300

29% Mar

32%

350

38

45

——

20

Feb

Jan

Jan

100

t

Pratt

Lamber?

&

Prentice-Hall
Pressed

Inc

Metals

Producers

Co

Providence

•

common

of

Corp

Prosperity

Co

41

Nevada

l

of

13

B

~2%

•

Gas

41%

9%

1

class

40%

"

2.50

America

10

131/,

2%

3

63/„

.

Service

4%%

fi7/.

10%

Feb

Feb

13%

Feb

4,100

2%

Feb

3%

Feb

Tampa Electric Co

300

6%

Apr

7%

Jan

Technicolor

8%

Jan

9%

Feb

Texas

—

Colorado—

cumulative preferred

Puget Sound
Pyle-National
Pyrene

of

Feb

9% Mar

12%

♦
_

Public

800

1,100

Talon
Class

B

A

com

Inc

Power

Manufacturing

Thew Shovel Co
95 Va

Jan

100%

Jan

32

Jan

37%

Feb

Thor

350

14%

Feb

17 Va

Jan

400

Thorofare Markets Inc

11 % Mar

14%

Jan

Tilo

/

"13

13

Corporation

Roofing

Tishman

Tobacco

common

23%

7,000
150

21%

21%

600

15%

17%

19,600

13 Va

13

13%

2,100

1

&

Allied

21%
16%

25c

Inc

Realty
&

20%

106% 106%

20%

5

Thiokol Corp

500

13

Jan

43

1

850

33%

/

Feb

22%

Jan

20

common

100%

33

10

24

Apr

39

•

99

153/.

Apr

18%

500

♦

33

15

13%

650

42

common

100

5

500

19

41%

Light $4.56 pfd

&

•

com

19

18%

*

common

100

Pulp & Timber
Co common

5
5

___—

common

Construction

■

8

~77/a

8

16%

16%

*

Stocks

1

92%

92%

"i»"

3,000
400

20

24%

Feb

106%

Apr

20%

Feb

23

Jan

12

Feb

17%

Apr

12%

Jan

13%

Jan

Jan

15%

Jan

8%

Jan

14 V*

7% Mar
14 Va

Feb

17% Mar

88

Jan

93

Tobacco

Quebec

Power

Co

•

17

Jan

18

Mar

jg

&

Utility Investment
Packing Co common

Rath

Raymond

Concrete

Raytheon

Pile

A

Manufacturing

common—

A

Reis

Pump Co
Shoe Co
!

(Robert)

Rice-Stix

&

~~~
~~~

Co

Electric &
Inc

20

1,200

Rolls Royce Ltd—
Amer dep rets ord
Rome Cable Corp

~

8%

2%

pfd

1

Jan

8Va Mar

95%

150

88%

Jan

95%

1%

6,200

1%

Feb

1%

3% Mar

120,600

4%

Jan

7%

Apr

8,200

2%

Feb

3

Apr

35.

-1%

25

Jan

Jan

43

Mar

12,200

8%

Apr

11%

Jan

True

5%

Feb

5%

Jan

Trunz

9

__

.37/a

1,200

3%

Apr

4 Va

6%

200

6 Va

J an

7% Mar

3%

2,700

Tri-Continental

Temper

3%

Jan

1

Feb

1%

Feb

29 »A

5%

7%

2%

3

•

19%

29%

3% Mar

4%

2

1 Va

2,600

26%

300

25%

27%

100

27

3%

3%

2

2 Va

90

Va

39%

Tung-Sol Electric Inc

1

Jan

4%

Jan

10c

1%

5

5%

58,700
250

19

Mar

21

Feb

16%

70

16

Mar

16%

Jan

16%

17 Va

Jan

6,100

3%

4%
19 %

16%

Feb

1,300

4

Jan

19%

4%
•

Jan

4Va

17%

3,500

Apr

19"%

Jan

2%

Jan

16%

2%

Jan

Jan

U
Chemical Corp.:
of Canada

Jan

Unexcelled

91

50

87 Va

Jan

93

Jan

Union

39%

25

38 Va

Jan

41

Jan

Union^ Investment Co—

Gas

Oil

$3.75

Co

of

15%

1,300

14%

Feb

16

24%

400

20%

Feb

27% Mar

United

40%

42%

1,500

40

Jan

45

United Elastic Corp..

Jan

Union

Stock

Yards

Aircraft

1%

700

4,500

5%

Feb

2,000

20%

Jan

25%

Feb

Feb

7%

Feb

24

..4

preferred series A

15%

Mar

1%
5%
23

b%

7%

*

1% Mar

IVa Mar

California—

24 %

40%

7

2%

warrants.:

Corp...

Inc

Union

15%

»

Apr

Jan

Mar

52

1

Ulen Realization Corp

1

'
—

Jan

preferred
Nevada

Trans Empire Oils Ltd
Trans Lux Corp

Mar

*

~To

94%

1%

31%

23

26%

2Va

•

5

95%

1

50

£4

common

Inc

100

4%%

Tonopah Mining of

1,100

3%

Va

—

—




55% Mar

Jan

7%

42%

27%

F.I.IlOO

Jan

20%

6%

3%

4
common

19 y8 Mar

3%

__

—

page

Feb

Jan

5%

7%

23'A

8%

~3%

Co—"

reg

see

Jan

48%

51%

7%

41

-

Rotary Electric Steel Co""
footnotes

%
350

51%

23%
41

«

(Texas Corp) v t c
Rochester Gas & Elec
4%
Roeser & Pendleton Inc

Roosevelt Field

"_.l

Engineering—^5

Richmond Radiator
Rio Grande Valley Gas

For

19%
—

__

40c

^

Reliance

5

19%
—

6.25

Class B

Regal

~io
I_»

common

Reading Tube Corp class
Red a

1

Jan

9,300

2o
70c

Toledo Edison

Railway & Light SecuritiesVoting common
!

>

~

Todd Shipyard Corp common
Toklan Royalty Corp

R
Railway

Security Trust Co Ltd—
deposit rets ord registered
£1
Amer deposit rets def registered—5s
Amer

Jan

Apr
Jan

20%
xl06

of

97%

•

Omaha

Products

100

common_.50c
...

*

73

5%

98%

73

73

150

89 %

Jan

99

Mar

10

72%

Jan

75

Jan

5% Mar

7

5%

6%

7.700

37%

38 'A

300

35

Feb

38%

Jan

Apr.

i

Number 5105

Volume 175
•

.

The Commercial and Financial Chronicle

.

.

•
.

.

1

'

'

*35

(1463)

tr

-■

.

NEW YORK CURB EXCHANGE
RANQE FOR WEEK ENDED APRIL 4

Friday

Week's

Last

Range

Sales
lor Week

Sale Price

of Prices

Shares

STOCKS
New York Curb

Exchange
Par

Milk

United

Products

Low

——•

common

High

14 ¥4

W

Low

14%

participating preferred

.*

15

Jan

dej^ rets ord registered

Amer

—

3%

3%

100

3%

Apr

220 ¥4

100

210%

Jan

%

A

Jan

220

220

Ohio

Power

1st

Mar

r

3 ¥48

1970

Piedmont

-—.......

Hydro-Electric

A6%s
United Profit Sharing common

10%

...25

Preferred

41%

41%

42%

4,000

25

37 ¥2

37 ¥4

38%

150

12%

12%

1%

;

common.

S Air

U

S

...

Conditioning Corp..

Poll

CO

class

1%

—10c

1%

42

.1

B

U S and International Securities

41

9ya

*

Feb

45 %

Apr
12 ¥4 Feb

39%

Jen

12,900
5,800

30 ¥4 Mar

4% Feb

37 ¥4

1 ¥4

Jan

50-year 6%

Universal

3¥sS series A

1% Mar

1st and

14

Jan

Southern Counties Gas

1,700

3% Mar

5%

Jan

100

1 ¥2 Mar

2

10

84 ¥2

84%

100

72 ¥2

Jan

92

Feb

37%

38

150

26%

Jan

39

Mar

Spalding

39 ¥2

39 ¥2

50

38 ¥2 Mar

42 ¥2

Jan

Starrett

3¥s

3%

900

3% Mar

5%

Jan

10

"3%

Southwestern

6

2,900

5% Mar

100

25 5/e Mar

26

10%

12%

13,500

5%

5 ¥4

75/a

60,300

6% Jan

Feb

85
26

11%

1

85

5¥b

Jan

17%

Feb

24%

Feb

16 ¥4

Jan

7-4s

iWaltham Watch Co

3%

200

3

t

*
100

200

6

Mar

"I ¥4

"l%

300

30
1

13%

13 ¥4

100

3'A

Manufacturing..
1.25
West Texas Utilities $6 pfd
•
Western Maryland Ry 7% 1st pfd__100
Western Tablet & Stationery com
•

2

Jan

5¥a

Apr

900

4 ¥2

Jan

5

1

1947

ex

181

112

Feb

113

170

Jan

184

Waldorf-Astoria

250

33%

34

Westmoreland

Inc

10

20¥2

19%

20 ¥2

Whitman
Wichita

(Wm)

(The)

Williams

Apr

21%

Feb

¥4 Jan

23 ¥2

Feb

30

100

24

Jan

32

Jan

15

600

14%

Apr

15

Apr

4

Jan

14 ¥2

14%

200

8%

8%

300

14 ¥2
8

1

¥2 Jan

8%

6s

~3%

100

3% Mar

13%

conv

13%

50

13% Mar

Industries

Woodall

Inc.

Petroleum

Woodley

Woolworth

deposit receipts
preference
Wright Hargreaves Ltd

Danish

4%

Jan

Cons

External

5¥2S

External

5s

39 ¥a

Jan

102%

Jan

Feb

14 ¥s

Feb

AMedellin

12%

133/8

200

127/s

Apr

14

Jan

65

78%

19,400

26%

Jan

78 ¥4

Apr

4%

4 ¥2 Mar

t
1

1
1

to

212

*2%

1%

157,100

2%

Jan

Jan

Interest

reduced
7s

Last

Steel

Edison

Boston

Sale Price

Bid & Asked

2%s

stamped

Low

High

101 ¥4

103%

150

1st

of

N

of

Gas

Fuel

&

series

Lt &

3 ¥2s
RR

with
ex

Nov

Nov

1

1

stamped

A

(coupon

A 7s

101%

1

1940

New

England

to

Power

95

A5¥2s

e

70 ¥a

No

value,

par

63%
58 ¥4

102%

A Bonds

108

§ ReDorted

1

70 %

70 ¥s

__

70 ¥a

1

67

Jan-July

461
450 ¥4

47

51

450 ¥4

JFriday's

April

Jan-July

3 ¥48

683/4

693/4

.—April-Oct

88

89%

81

81

104

104

May -Nov

1961

67 3/4

42

42

68

68

*42

—

>

*67

——

87 ¥2

6

76

*58

.T""

*58
58

—

95

$44%

44%

58

85

*58

*88

87 ¥2

—

44,¥2

42

—

41 ¥4

41%

37

42 ¥s

38 ¥2

*

V;

1-43%

34 ¥4

34%

34%

2

Jan-July

~3%

3%

43/a

644

23/4

3%

3%

4%

283

2¥,

35
'

:

43/8
43/e

(not included in year's

bid

and

asked

prices;

no

sales

being

transacted

for cash

during current week.

being traded flat.
in

receivershit).

803/4

5

101 ¥2

Compiled by National Quotation Bureau, Inc.

92%

3

Jan-July

80

7

89

April

89

40

ities

Bonds

First

Indus¬

Grade

Grade

roads

ities

Stocks

trials

Rails

Rails

101.01

96.41

99.21

98.77

100.96

96.47

99.26

98.79
98.91

*102.32
102.71

98.47

101.74

98.54

265.62

3

101.04

96.61

99.45

93.03

49.66

101.59

98.58

101.08

96.51

99.44

4i

47.53
..

High

50.72 Sep

17

47.54

Low

43.37 Jan

2

101.65

98.55

101.04

96.51

99.45

49.66

101.13

98.59

101.01

industry

the closing prices of 265 common

composite, and by major
with the preceding week and with highs and
are as follows (1939 = 100):

stocks for the week ended

March 29, 1952, for the

compared

groups

lows for the current year

98.89

92.46

The SEC Index of stock prices based on

49.75

96.49

99.46

-,

98.89

Composite
Manufacturing
Durable Goods

Nondurable

Transportation

Goods—*

=.

—

Mining

-----—--—--t-

Mar. 22,'52

Change

,

...

193.2
217.3

+1.5
+1.7

185.8

—

to 33.67.

,

196.1 '
221.1

-

Utility'
>4
Trade, • Finance and••Service

City Southern Railway

-1952-

Percent
Mar. 29. '52

"

.

for Northern Pacific Railway. This substitution
changed the divisor for the 20 railroads from 11.21 to 10.95 and that for the 65 stocks from 33.90




_

Range for 1951

'47.41

98.90

49.73

93.29

Averages are computed by dividing total prices by the following: Industrials, 6.53; Rails, 10.95;
Utitities, 13.25; 65 Stocks, 33.67.
*The Averages for the 20 railroad stocks and- for the 65-stock composite average give effect to
Kansas

___

_

_

Total

10

65

267.22

2

SEC Index of Sleek Prices
10
Util¬

Total

50.21

3

Co.

15

50.11

47.09 Mar

47.57

1

10

Util¬

94.36

49.67 Jan 30

Low

bonds

20

*93.58

High
47.56

March 31

-Bonds-

98.46

Range for 1952

Closing

March 29

82

104 ¥«

April

Second

•;

■;'!

delivery transaction (not included In year's range).
d Ex-Interest,
range). f Ex-distribution, g Ex-stock dividend, h Ex-

Deferred

a

71%

Rail¬

267.03

of

36 ¥s

Jan-July

1949

Date-

81

•

Substitution

13 %

33

(35 Stocks)

48

Jan-July

*

the

10%

2

June-Dec

2012

6¥2S

--

93.28'

4.

1

36 ¥s

Over-the-Gounter Industrial Stock Average

—

68%

._

1963

3

April'

ll'/s

36 ¥8

—

«...

*30

Mar-Noo

269.00

L*--*

11%

—

65

$70

1952

coupon

269.46
.

77 ¥2

50%

52

trials

1

96

75%

71

30

2

88 ¥s

1

101 «/a

Indus¬

April

10

75%

70 y8

99

4100 ¥2 101

10

April

90

753/8

nUnder-the-rule

51 ¥4

70 ¥s

-Stocks-

—

88%

75%

(Plan A)—

2%

to

Odd-lot transaction

107

are the daily closing averages of representative stocks and
the New York Stock Exchange as compiled by Dow, Jones &

March 31

Mar-Sepf

;

100 ¥2

Below

March 29

ri

90

1953 and

in

1997-

stamped

Stock and Bond Averages

Date

May-Nov
April-Oct
June-Dec
June-Dec

2008

2¥2%

April

on

/j

—

April

,

673/4

Mi

1952;

1921

~5

57%

Jan-July

1958
1958

Nippon Electric Power Co Ltd—
A 1st
mortgage 6¥2S 1953

listed

June-Dec

1947

2%s

to

reduced

59 ¥2

108 ¥2

Jan-July

on)

liquidating trust ctfs

4%

67%

—

-

430

June-Dec

1963

Superpower 6s 1963
Midland Valley RR—
at

*67

—

RR—

A Italian

Extended

90

—

Government

5

62%

High

90

—

—

99%

91

25

1013/a 101 ¥2

May-No»

1953

ex

A6¥2%

Low

*89 ¥2

May-Not)

2008

1947

1927)

Due

Janeiro

Hydro-Electric Co—
with Nov

Jan. 1

No.

Bank—

Nov 1 1947 coupon 1952:
'Italian Power Realization Trust—

1

457
4107

1953—-May-Nou

coupon
coupon

Ex-coupon market
certificates of deposit

A7s

62 ¥2

62%

May
Jan-July
Mar-Sepf

1993

1956—

3%s

series

*89%

—

Range Since

Sold

High

Co—

Western

Isarco

May-Nov

Mar-Sepf

Power

&

A

1993

A

Bonds

Friday's

or

Bid & Asked

transaction (not included in year's range),
rTransaction
(not included in yeaf's range).
x Ex-dividend,
y Ex-rights,
z Ex-liquidating dividend.

1961

Mountain

Guantanamo
A 6s

93

de

Interest
ARussian

»

B

1940

1947

Finland Residential Mtge

6%

98%

92 ¥2

Rio

150 ¥2

9 6 ¥2

2

interest in

principal.

1965

5s

Marrelli Elec Mfg

A6¥2S
5s

98 ¥4

\

,

RR—

mortgage 4s series
Water

A6%s

Green

—

Division—

J

4s

mortgage

Eastern
Ercole

Jan -July

'

High

Jan-July

1951

(Plan A)

reduced

(Republic of)

thereafter.

Jan. 1

No.

4150

June-Dec

A

& Western

Lackawanna

A 1st

1970

1947-1978

series

series

revenue

Delaware Lack

Elmira

Aug

Sold

4103 ¥8 103%

June-Dec
Quar-Feb

3¥is 1970
1 1998

102 ¥2

of Bogota—

(issue of Oct

2%

Range Since

Transit Authority—

Chicago
3%s

Power

6s

2¥ss

to

stamped

(issue of May 1927)

Peru
Bonds

Friday's

or

Low

Bethlehem

___May-Nou
Feb-Aug

A 7s

Parana

Interest

June-Dec

AMortgage Bank of Chile 6s 1931
Mortgage Bank of Denmark 5s 1972

Interest

Elec

111 ¥2

101

Apr

Week's Range

Friday

—April-Oct
Jan-July

1955

Mortgage Bank

-,

Appalachian

105

111

Week's Range

Last

Sale Price

(Peru)

Apr

37% Jan

5s

Period

6M2S stamped 1958—Mar-Sept
Maranhao stamped (Plan A)—
City

13 ¥2

Period

103%

15

14% Jan

50

100

Interest

Exchange

1953

90

New York Curb Exchange

101% 101 ¥a

Danzig Port & Waterways—
AExternal 6¥2S stamped 1952—

300

BONDS

3

104% 105
till
112¥a

Municipal Loan—

14 ¥a

£1
*

100

99

99'

99

Feb-Awg

1964

1959

A 7s

American

Mar-Sept
June-Dec
June-Dec

3 ¥28

Power

Agricultural Mortgage Bank (Col) —
a 20-year
7s
April 1946
A 20-year
7s
Jan 1947
Bogota (See Mortgage Bank of) —
ACauca Valley 7s 1948

(P W) Ltd—

6%

98

J30

Low

39%

69

73

*71

June-Dec

1956

Friday

1013/4

—8

common

72

m

*30

BONDS

14 %

39 ¥2
100

101%

95

Hotel—

New York Curb

2

Machine

69

5

I

—Feb-Aug

1956

coupon

coupon

debentures

f

s

1

:
•
pfd—..100

Wisconsin Pwr & Lt 4¥a%

94 ¥2

90

Foreign Governments and Municipalities

Jan

12 ¥2 Mar

'

Wood Newspaper

70

—

Co—

1940

Water

'

ALima

Winnipeg Elec common

91

91

Western Newspaper Union—

Jan

6%

Feb

~3%

3%

25

Jan

17

11% Mar

1

common

953/8

91

89

89

94%

5% Feb

Apr

5 ¥4

*

preferred x w

April-Ocf

943/4
93

*89

Feb

14%

5

Inc

31 ¥2

30

14 ¥2

98
102

*90

373/4 Mar

22

10

& Co

C)

Jan
Mar

19%

1

Corp

(R

Brothers

Wilson

5%

& Co

Products

Willson

25

1

River Oil Corp

Wickes

.

[•

31 ¥2

300

14%

97%
100

*94%

Jan-July

income debentures 1954—

Apr

33%

..5
5

1

Feb

30

75

:

Dec

Mar

110

184

112 ¥8 112¥a

26¥4

Corp

-May-Nov
April-Oct

1966

1946

Service

A7s with Dec

5Vb Mar

5

25%

New common

2

3

2 3/4 Mar

300

26%

,

98
102

Jan

13,700

20

Weyenberg Shoe Mfg

98

102

Jan

5%

Coal

Whirlpool

102%

Jan

16 ¥2

Apr

2%

Westmoreland

.

13%

1%

4%

4%
112 ¥e

Jan-July

Jan

106

1 ¥4 Mar

2 ¥2

2 ¥2

Wentworth

,

6%

104% Mar

/ Ward Baking Co warrants

-

3% Feb

5¥a

c___

stamped

A 7s

7% Mar

Jan

6%

1

v

98 ¥a

102

100 ¥1

1970—Feb-Aug

3 ¥48

Electric

&

West Penn Traction 5s 1960

3Vt

preferred

2nd

Washington

6 ¥8

Inc—

Gas

United Electric

Feb

14%

•

preferred
cumulative

100%

96%
100%

—

Hydro-Electric Co—
a6¥28 with Aug l 1940 coupon 1953
A6M2S ex Aug 1 1947 coupon 1953

Feb

13 ¥e Mar

•

20c
Co

Wagner Baking voting tr ctfs ext

$2

__

101%

Terni

Feb

26%

Feb

10

10

Inc

Co

Bond

98

*97 ¥n 97%
*100 ¥2 1003/4
100 3/4 100%

__

""tin

5%

5
*

Petroleum

(Calif)

1971—,.t

3s

(A G) Si Bros 5s 1989
Corp Inc 5s coll trust
(Hugo) Corp—
A7-4s 3rd stamped 1946
Stinnes (Hugo)
Industries—
A

5%

1

mortgage

A 5s

<Sc

99%

102% 102

Stinnes

37%

10

W

7%

76

148

Jan

Vogt Manufacturing

Waitt

100 ¥a

Feb

1%

Valspar Corp common
$4 convertible preferred
Vanadium-Alloys Steel Co—

Aircraft

103%

ll¥s

3%

142

—

101%

1,400

V

Waco

71%

102

*99

11%

9% Mar

1%

Sugar.

Virginia Iron Coal & Coke

101 ¥4

150

*97
101

Apr

Jan

3%

Insurance

Venezuela Syndicate

104%

High

70%

*162

94

3%

103

161

~1

—Jan-July

1973—.——

Jan

1

100%

101

*146

ref M 3s series B

Jan

50%

..50c

Universal Products Co common—

Venezulean

J an-July

7%

11%

104%

D8'%
102

*30

debentures 1998—

8£¥a

11%

102%

*70

—

Safe Harbor Water Power Corp 3s 1981.—May-Noe
Southern California Edison 3s 1965.—Mar-Sept*

1st

Utah-Idaho

I960-—Aprii-Oct

coupon

coupon 1960
& Gas Co—

475

94

Reclaiming Co

United Stores Corp common
Universal Consolidated Oil

101

—....

1940

1

1947

1

Low

31

Co—

9,200

9%

9%

.1

U S Radiator common.

Oct

...Jan-July

Jan. 1

No.

103% 103%
*99'% 100 ¥a
*'103
104 ¥2

_I

1973———Feb-Attfif
2%s series C 1976—
—Feb-Aug
3%s series D 1976——
Feb-Aug
Southern California Gas 3¥4S 1970—
April-Ocf

93 ¥4

*

1968——April-Ocf

Range Sinee

Sold

High

Jan

13

ex

Public Service Electric

Jan

200

43

94

$5 1st preferred with warrants.
U S Rubber

Jan

41

with .Oct

A6¥2S

U Mar

4

Specialities common.......—.1

U

v

.10

Shoe Machinery

United

H

25

preferred

United

600

<

„

3 ¥4S

mortgage

Bonds

Bid & Asked

Low

3% Mar
221

Friday's

or

Sale Price

mortgage 3s 1971
April-Oct
Pennsylvania Water & Power 3 ¥48 1964—June-Dec

__

100

Week's Range

Last

Period

1st

__

United Molasses Co Ltd—

United NJ RR & Canal____

Interest

Exchange

High

13 ¥2 Mar

125

*

75c

Friday
BONDS
New York Curb

Range Since Jan. 1

182.7

253.7

*249".l

4-1.7
+1.8

221.4
116.7
204.4
305.5

-

214.7
116.5
204.4
293,5

~~

+3.1
+0.2
0.0
+4.1

High--

Low

197.7

138.1

224.8

.'211.2

186.9

177-2

260.2

-24.7.7

221.4

204.3

117.5

115.6

209.6

198.7

205.5

235.0

36

The Commercial and Financial Chronicle

(1464)

Total

Foreign

Bank

Government

Bonds

Bonds

Bonds

Sales

737,110

$714,000

$178,000

$892,000

1,676,800

2,174,000

252,400

2,426,400

—

1,721,730

2,261,000

410,000

1,261,440

2,577,000

228,000

$3,000

2,808,000

—

1,276,036

2,122,700

257,600

18 000

2,398,300

Monday
Tuesday

Wednesday
Thursday

2,671,000

1,190,950

—

2,311,000

257,000

6,000

2,574,000

7,864,066

—

—

Total

$12,159,700

$1,583,000

$27,000

1952

Foreign

Saturday
Monday
Tuesday

Government

Bonds

Bonds

$4,000

$82,000

Shares)
334,945

Jan. 1 to

Bonds

$2,000

$88,000

776,075

27,000

158.000

8.000

193,000

46,000

435,000

18,000

499,000

46,000

208,000

6,000

260,000

"

1,388,910

35,000

40,000

18.000

93.000

1,032,635

20,000

57,000

16,000

93,000

5,020,272

7,527,035

*

$178,000

$980,000

$68,000

$1,226,000

Apr. 4
1951

1952

1951

7,864,066

shares

99,299,387

Week Ended Apr. 4
1952

154,086,044
shares.

$35,000

210,000

105,000

1,560,600

20,583,340

28,505,300

12,159,700

14,214,000

163,763,100

270,122,800

$13,769,700

$15,809,600

$184,654,490

Total

Domestic

$298,743,100

industrial

Jan. 1 to

1951

Apr. 4

1952

1951

5,020,272

1,619,110

36,935,501

35,107,251

$178,000

Bonds

$10,000

$98,050

$27,000
1,583,000

Bank

Railroad and

Bonds

679,997

Total

Government

S.

Total

Corporate

807,710

-

Wednesday
Thursday
Friday

Bonds

International

Foreign

Domestic

of
Week Ended Apr. 4,1952

Stocks—No. of
U.

Exchange

$13,769,700

Week Ended Apr. 4

Stocks—No. ol

Monday, April 7, 1952

Stocks

(Number

and Miscel.

of

Bond

Sharet

Saturday

Friday

United States

Int'l

Bonds

Number

4,1952

Week Ended Apr.

.

Daily, Weekly and Yearly

Daily, Weekly and Yearly
Railroad

.

Transactions at the New York Curb

Transactions at the New York Stock Exchange
Stockt

.

$346,000

$3,559,000

$6,071,000

980,000

58,000

3,609,000

3.552,000

68,000

96,000

1,729,000

660,000

$1,226,000

$500,000

$8,897,COO

$10,283,000

.

Foerign government
Foreign corporate !
Total

OTHER STOCK EXCHANGES
FOR WEEK ENDED APRIL 4

RANGE

Friday
STOCKS

Week's

Range
of Prices

Shares

Par

American

Tel

100

Tel

&

Low

American Woolen

——50
100

Boston &

Albany RR

Edison

Boston

Elevated

Stamped

paid

100

—

paid

Personal

Trust

Prop

46%

47%

1,201

30%

Feb

46% Mar
116%

45%

Jan

Jan

56

Jan

120

Feb

47%

Feb

•

16%

16%

5

16%

Apr

16%

Apr

7%

7%

90

7%

Jan

7%

Cities

26%

—

26%

8%

8%

57

8%

Apr

109% 112%

—

•391

98%

Jan

113%

Jan

24% Mar

28%

Jan

Jan
Jan

200

25

Feb

28

Mar

10

Jan

—•

--

24%

24%

19

14%

—

14

14%

735

14

Apr

15%

Common

Mass

Eastern

Street

49

49

50

49

Mar

53%

1st

National

First

General

Lone

Corp

Mullins

37

535

34% Mar

40 %

Jan

931

54'/8

60%

Jan

32 %
/.—

Pont

Corp

Motors

10%

25

36%

125

35%

30%

Jan

33% Mar

10

Jan

10%

Feb

Jan

Oil

Nash-Kelvinator

5

National

Service

Cos

—

New

England

New

England Tel & Tel

New

York

,-—-1

Apr

345

74% Mar

91%

Jan

100

14%

Jan

15%

26

320

24%

Jan

26

Jan

18%

16%

Jan

20

Jan

Jan

112

Feb

North

New

Haven &

100

Apr

102

82

27%
13

41%

Feb

48%

35

25%

Jan

28% Mar

570

10%

Jan

13

580

18%

Feb

21 % Mar

3,700
4,145

8c

Jan

12c

11%

Jan

13% Mar

Jan

111% Mar

Butte Mining

Northern

RR

2.50

(N H)

11c

13%

108% 109%
16%

77c

100

21%

9c

__

330

?'

16%

76c

79c

103

__

Pennsylvania RR
Drug Co

Shawmut
Stone

Union

Webster

55

1,900

103

45

S

108

14%
61c
101

Feb

Feb
Mar

Jan

Jan

16% Mar

Co

Inc

Westinghouse Electric Corp

17%

Feb

20%

6%

258

19%

160

17%

Jan

20

27

65

23 %

Jan

8%

98

35

31

41

41

59%

61%

2,078

25

42

41 %

42%

941

__

81%

83

315

11%

11%

90

36%

37%

457

65%

75%

314

—

36%
—

Cincinnati Stock
Friday
stocks

/

American

Last

Laundry

Brewing

Burger

20

175
50

10

Carey

Radio

Cincinnati

Gas

&

Cincinnati

Street

Cincinnati

U

common_8%

Tel

Cincinnati
Cohen

'

Range

5% Mar

30% Mar

40%

6%

Railway

Stock

25
————50

Yards

*•'

25%

18%

*

Mich
Eagle Picher
&

Formica

preferred

50
10

Ins

•

Gibson Art

•

-

Hobart
Kahn

10
*

common

Preferred

-

50

6

85%

87%
41%

110

37%

Feb

41%

Jan

59%

201

55 % Mar

60%

Jan

496

55%
34

58%

48

58%

—

87

P &

G

33"%

•

common

class

B

15

25%

25%

177

16

100

18

u S

45%

75%

Jan

86%

Western Bank
Unlisted

11%

29%

20

29% Mar

34%

20

80

18

Jan

21

Jan

94

10

65

Feb

94

Mar

1

34% Mar

33%

33

Jan

59%

60%

40

54%

Jan

4%

4%

30

4%

Jan

4%

Jan

18%

18%

1

18%

Feb

19%

Jan

9%

10%

130

10%

Apr

26%

27%

304

24

Feb

27%

Apr

29

29%

280

29

Apr

32%

Jan

53

53

55

51

Feb

56

46

46%

93

42% Mar

47% Mar

39%

39%

91

34%

Jan

40%

.13%

13%

160

12%

Jan

24%

24%

50

22% Jan

87

88%

85

74%

39%

-

1.40

Southern

46

:

15

_

Co

I

'

5

Oil

(Indiana)

Standard Oil

.:

—

—

'

'

■'

■

'

*

Brands

Standard

(Ky)

_

25

_

.10

V

39%

Cyanamid

Feb

40"%

77

77

78%

193

45%

45%

45%

83

37%

37%

91

1

carbide

„

—

*

61%

American

40

Steel

Armco

Ashland

75%

New

49
....

—

_

_

Feb

37%

Apr

Feb

64%

Jan

60%

62%

55

57%

39%

38%

39%

140

38%

Feb

42%

36%

36%

96

35%

Feb

39%

Jan

—

43

43

25

42%

Mar

44%

Jan

Midwest

Jan

Jan

High
16%
27

Jan

16

18

Feb

Apr

18%

28% Mar

4%

109

3%

Jan

39%

40%

106

38%

Jan

40%

Apr

Altes

6%

545

5%

Feb

7%

Feb

American

,

6

74

75

13%

15%

1,031
150

15%

1

73

5

Apr

Jan

76

Mar

16

Jan

15% Mar

15 Vb Mar

87

87

13

49

49

27

27

261
237

87
Apr
20% Mar

Brewing

40%

Baldwin

Big

Rubber

Bear

Bohn

1

Markets

Alum

&

Briggs

Jan

Brown-McLaren

Burroughs Adding

Apr

50%

Jan

48

Feb

51

Jan

27% Mar

Chrysler

17% Mar

Consolidated

16

12

500

16
Apr
44% Apr
31% Jan

25%

225

22

Jan

17%

92

16%

Jan

18 % Mar

Detroit

68%

1,211

65%

Jan

68%

Detroit

46%

Jan

Consumers

35

Feb

Davidson

25% Mar
Apr

12%

Feb

14%

Feb

13%

Apr

32

50%

50%

49%

Jan

50%

Jan

12%

12%

12%

125

12%

Apr

50

50

14

100

114

10

17%

12% Mar

14%

11%

Feb

Detroit

Paper

10

Jan

Apr

37

225

34%

Feb

37

26%

200

26

Jan

26%

35%

170

33 Ve

Jan

35% Mar

2%

300

2%

Jan

2%

Feb

17%

305

17

Feb

18 %

Jan

75%

571

68%

Feb

75% Mar

Gar

Ale

Wood

37
281

13% Mar

16%

Jan

25%

115

24

Jan

26%

Feb

35%

35%

638

35

Jan

36

Jan

5%

5%

408

9%

9%

2,743

23%

23%

23%

8,817

23

Jan

2%

2%

2%

100

2

Mar

5

—

Manufacturing

Finance
General Motors common

17%

Apr

Goebel

157%

Feb

Graham-Paige

48%

20

47% Mar

55%

37%

38 Mi

405

36% Mar

47% Mar

Jan

1

1

Feb

123% Jan

1'

Industries

15%

Gerity-Michigan

Corp

5%
-

Feb

8% Jan

Great Lakes

5

3%
3%
48c

6%

.1

6%

3%
3%
52c

100
500

4,500

6%

550

9%

2,913

8%

8%

8%

8%

100

54%

54%

54%

2,617

1

5

3

48c

3

Jan

2% Jan
36c

Feb

6%
9%
24

Jan

Feb
Mar

2% Mar

3%
3%
54c

Feb
Feb
Jan

6%

Feb

8%

Jan

8

Feb

13%

Jan

8% Mar
50%

Feb

8% Mar

54% Mar

Oil & Chemical

Lamp
Hoskins Manufacturing

46%

80

36

Jan

46%

Apr

23%

200

22

Mar

23%

Apr

7%

320

Jan

7%

Houdaille-Hershey

Feb

Howell Electric Motors

common

4

600

4

Feb

5%

Jan

7%

7%

150

7%

Jan

8

Jan

»

Hall

4

1

Brewing

7%

6%

25%
5%

1

153% Mar

Feb

1

Brewing

Feb

Jan

Apr

35%

Brewing.

110%

8%

20

Navigation

Economy Baler
Friars

Apr

6%

1

Cleveland

Frankenmuth

Jan

263

*

Power

Bros

&

Jan

7

Jan

Mar

48%

37%

340

17%

General

161/8

14%

3

75%

Machine

Gray Iron

153% 155

14%

35%

*

Edison

67%

16

12

16%

Feb

2% Mar

26%

25

33%

25

154%

13%

37

—5

Corp

44%

39

50

200

6%

Mfg

16

381

100

400

Jan

26%

High

2%
13%

2%

Manufacturing

Apr

25

Low

2%
14

5

Bearing

87

Range Since Jan. 1

High

13%
.1

Brass

Roller

45

Low

1

32%

13%

Shares

Products-

44%

114

for Week

2%

Metal

20

;

Sales

Range
of Prices

Par

Mar

13% Mar

Week's

Last

Sale Price

17% Mar
25%

Jan

Exchange

Friday
stocks

250

27%
50%

L-

WOodward 2-5525

Detroit Stock

Feb

25% Apr

14%

—

Exchango

Range Since Jan. 1

14%

12%

—

Stock

DETROIT

Telephone:

45%




32%

New York Curb Exchange

22%

page 45.

•-<

Detroit Stock Exchange

17

67%

7%
see

Feb

Jan
Jan

10

__

__

25%

—-

«...

Issued)

For footnotes

40%
85%

47%

>

Members

187

21%

Oil

(when

Feb

36%

•

_

Apr

14%

10

30% Mar
74

Apr
Mar

89% Mar

42% Jan

New York Stock Exchange

18%

41

_•

Telephone & Telegraph
Mining

13%
26
H

Watling, Lerchen & Co.

26%

21

10

Radiator

American

Anaconda

Jan

Jan

Jan

10

_

Steel

Jan

Jan

25

1

60% Mar

8% Mar

20

25

_____

_

87

10

——

Standard Oil (N J)
new
Standard Oil (Ohio)
—
Studebaker

S

—

*

Vacuum

Union

26%

•

Gemmer

Airlines

American

Feb

33%

Jan

35%
33

Stocks-

American

Jan

60% Mar

Jan

Mar

xll

8

Preference

Apr

36%

Jan

29%

__

Jan

12%

•

55%

Feb

56%

Jan

Apr

50

common new

Feb

32%

1

19%

*'

——

Jan

41%

26

5

Printing

50

95

-50

_

—

_

Roebuck

Sears

%

40%

5

Rapid

Jan

Jan

44

Jan

Low

15

21

1

new

Randall

91%

Jan

64%

Shares

40%

•

Magnavox

84% Mar

for Week

13%

74%

33%
Lunkenheimer

Jan

Mar

94

•

Bower

Day

35%

33 %c

Schenley Ind

4%

39%

*

(Dan)

10

Feb

Mar

56% Mar

High

16

—

•
Electric

33%

'

Jan

23% Mar

57%

' *

r

m

_

_

Corp

25%

Champion Paper
Churngold Corp

16%

Sales

of Prices

Low

*

——

30% Mar;

40%

8

—

_

_

Exchange

Week's

Sale Price

Par
*

Jan

8% Mar

174

Ford Building

Aluminum

29%

27% Mar

30%

8

Jan

v;y

Jan

5%

41

.12.50

Woodley Petroleum Co

112%

34%

——

_

U

26%

60

•

Jan

99 %

* Jan

——

Westinghouse

19%

__

10

—

System

106

21

—.

:

Feb

—

5

common

Apr

85

*

——

Jan

99c

105

19%

•

Machinery

Rubber

Waldorf

700

—•

Co

Shoe

18%

18

—

•
•

Drill

Fruit

United

,

Inc—

Co

Twist

United

18

2.50

Association

&

Torrington

U

50

76%

21%

*

___

Woolworth
Rexall

Feb

Mar

100

.

Socony

25

'7-:'c5:v

48%

20%

1 09

Hartford__100

68%

54%

____

Sinclair

12%

12%

115

S

Jan

12%

—

20

Electric System

76%

33%

Pepsi-Cola

14%

27%

20%

'

15

•.«

Penn RR

80

46%

12 %

Jan

86

_

Edison

Standard

1

35%

57%

__

Pacific

Ohio

39 %

106% 106%

__

Narragansett Racing Ass'n

Jan

173

*

Distillers

Ohio

18%

—

106%

33%

249

5

_

_

—

_

Packard

25

—

1

292

;

95

Jan

22% Mar

77%

—

—

33%

Jan

Feb

Apr

15%

Harvester

Central

40%

11

40%

•

National Cash

Y

Jan

8%

-,..,-5

Stores

Electric

Northern

53% Mar

33%

30%

34%

5

-

Dept

General

N

48% Mar

240

21%

7

14%

■■-

14'A

Corp——

20%

10%
35%

—

100

255

32

—

100

Chemical

Mfg

22
59%

10

preferred

Mathieson

Jan

21%
36%

•
25

Maine Central RR common—

5%

37%

56

50c

Theatre

Cement

Star

Apr

21 %
36%

1

Copper

Boston

31

57 Ve

1

Creek Coal Co

Loew's

5

31

•

—,

Safety Razor Co new
Hathaway Bakeries
8
Kennecott

31

—

•

Stores

Electric

Gillette

Island

—

22

40%

15%

1

du

51%

Feb

29%

5

__

Dayton Power & Light

National

Ry—

preferred series A——100
5% preferred adjustment
100
Eastern Steamship Lines Inc
•
6%

74%

10

15%

Curtiss-Wright

Federated

35

High

10

30%

Gas

International

Eastern Gas & Fuel Associates—

'<

———10

Service

General

Copper Range Co

/

Products

Columbia

34%

74%

'

;

25

Chrysler Corp 2—----^——
City

37%

tew

■V.

25

Ohio

&

Feb

—

5

Chesapeake

49%

LOW

10%

109% 111%

V

25

Columbus & South Ohio Elec_

__

10

Service

Cities

221

y-a 70

118

157% Feb
37
Jan

—

100

Hecla

&

Calumet

70

47%

117

46%

30%

Xl53% Mar

Range Since Jan. 1

High

10%

—

Pacific

Canadian

Low

•

Bethlehem Steel

High

Railway—

$40

Stamped $50

47

—

25

Boston

Boston

30'A

__

Range Since Jan. 1
Low

2,786;

Shares

13

Baldwin-Lima-Hamilton

High

153'/a 155

•

Anaconda Copper

154%

for Week

Par

for Week

Sale Price

Sales

Range
of Prices

Friday
STOCKS

Sales

Last

Week's

Last

Sale Price

Boston Stock Exchange

3

3%

870

2%

Jan

3%

2%

Feb

.

Feb

1

2%

3%

3,200

__5

4%

4%

143

4% Mar

2%

15%

15%

160

15% Mar

17

Feb

0

13%

13%

140

13% Mar

13 %

Jan

1

7%

7%

100

7%

Jan

3% Mar

4%

Jan

8% Mar

*

Number 5105

Volume 175

*The Commercial and Financial

.

Chronicle

(1465)

37

OTHER STOCK EXCHANGES
RANGE FOR WEEK ENDED APRIL 4

Friday

Weeks

Friday

Sales

Last

Range

of Prices

Shares

Low

Par

Lansing Stamping

National

Stamping

~3%

....—1

National Electric Weeding

2%

600

2%

Jan

27a

Feb

2%

1,200

23/4

Feb

3

Jan

19 7a

516

18%

Jan

Kern

372

300

-27a

1,850

3%

—*

~47a

-

3%

'3%

—

common

Manufacturing

Sheller

—,

Corporation

Udylite

3 %

4%

Feb

4%

V27a

Libby McNeil & Libby (Un)

7

Feb

Lincoln Petroleum. Co —
Lockheed Aircraft Corp ...

—10c

Jan

——1

20%

Feb

24

474

1,755

47a Mar

5

Jan

Loew's Inc

...—*

16%

Jan

187* Jan

9

Jan

Magna vox

Jan

Martin

(Glenn

16% Jan
11% Jan

1874 Mar

27a

Jan

Mascot

Oil Co

220

87a

Feb

200

1%

Apr

511

117a

Feb

12

15

525

147a

Feb

1674 Jan

•

124

15 3/8

772

850

17a

2

5

310

7%

....

(Un)

Company
L)

_

Petroleum

Co—

Montana

Montgomery Ward & Co Inc

17a

2

Mar

Motorola
Mt

Inc

(Un)..

Week's

for Week

Shares

Low

Low

High

High

Feb

18%

Jan

297«

Feb

Feb

287<

Feb

77

Jan

Northrop

Feb

53

Feb

167a Jan

a—

Jan

257a Mar

1572 Mar

1672

497a

Jan

1533/4 Mar

(Un)

Co

Ohio

Oil

157

Feb

Pacific

Oil Corp
(Un)

Prichard

Anderson

Steel

Armco

Corp

Feb

5%

Jan

a__

Feb

417a

Jan

5

7474 Mar

8374 Mar

(Un)

Hamilton

Baldwin-Lima

13

Securities Corp (Un)—,—75c
Baltimore & Ohio RR (Un)——100'
Baldwin

Petroleum

Bandlni

Barker

Eros

Oil

Co

Cons

Bethlehem

Co

Borden

——

(Un)

...—

(Un)

Corp

Borg-Warner

—

Broadway-Hale Stores

—

Jackson

Atlantic

Canadian

Feb

11

Mar

33/4

Feb

4

Jan

1874

Feb

2.85

Jan

8%

—

—

Caterpillar Tractor (Un)
Central Eureka Mining
Certain-teed Products

—

1372

Feb

57a

.—

1.70

Gas

Feb

(Un).—

Commonwealth Edison Co (Un).—, -25

N Y

Edison of

Consolidated

*

(Un)!.

50c

Consolidated Engineering.
Consumers Power Co (Un)

*

—

(Un)—___-1
(Un)_.
__5
1
Crown Zellerbach Corp (Un)_—
5
Curtiss-Wright Corp (Un) com.
1

Continental

Corp

Motors

Continental Oil Co

(Del)

Creameries of America—,

Class

...

1

A

—*
—50c
10c
5

Douglas Aircraft Co
Dresser Industries

—

DuMont Laboratories class A

duPont de Nemours & Co
Air

Eastern

1

Products

Electrical

——10
4
(Un)
5

*
1
& Merchants Natl __——100

Railroad

Exeter

Oil

Farmers'

Co

Fitzsimmons

Florida

class

A-

& Light

Garrett

A ....——1

Electric

—

•

1133/4

Jan

57a

Jan

36

Jan

323/4 Mar
34

Mar

.......

Goodyear Tire & Rubber
Grgham-paige Motors /Un)
Great Northern Ry

Mar

57s/a Mar

Mar

42 5/a

Jan

01% Jan

677a

Feb

2374

277a Mar

3%

Hilton

Co

Hotels

Jan

Mar

14

Jah

16

Mar

A

Feb

'

5

Jan

4074 Mar

43 9/a

Jan

12% Mar
574 Mar

143/4 Jan
67a Jan

30% Mar

327a Feb

70e

Feb

53%

Feb

10% Mar

Hudson Motor Car C.o..—
Hunt Foods In$ ....
.!

-

Company

19% Jan

71%

15

20 V« Mar

217a Jan

com—25

34% Feb
23% Jan

363/« Jan
2574 Jan

Ltd

25
25

29 Y*

Feb

303/i

cl A—_25

297»

Feb

32

preferred
preferred

4.487s

Southern

Co

Feb

97a

Jan

2474

Jan

6074

Jan

Southern

Jan

pfd

Petroleum

2

62

*

Southern

157e Feb

5
•

Corp

49% Feb

Jan

59%

Pacific

Company

1672

Jan

18 3/4

Feb

Railway Co (Un)
Standard Brands Inc vUnj

847»

Feb

90

Jan

Standard

24»/4

Feb

287a

Jan

Standard

Oil

Co

Oil

of

Standard

Oil
Oil

of

Co

(N

4374 Mar

46

Jan

Mar

12

Jan

Stone & Webster Inc

410

Feb

Jan

9

Jan

247i Jan

Feb

5574 Mar

78%

Feb

7574 Mar
a_

.10

24% Jan

31% Mar

277a
377a
23%
33%

34%

Feb

39

83

«

(Un)

Feb

327«

Jan

Corporation common- „1
-25
(Un)
Sylvania Electric Prod (Un)

20%

Jan

Oil

Swift & Company

227z Mar

Tri-Conttnental Corp
Truax-Traer

25

Trans World Airlines

303,4 Mar

■

—

Texas

a—

Company

Jan

2574 Mar

Feb

5972

Jan

44

Feb

Coal

107% Feb

*
50c
10
5
2

Texas Gulf Sulphur

38% Mar

4272

6072 Mar

6072 Mar
457a

15% Mar
43

Jan

3%

Feb

Union

Carbide

& Carbon

487a Mar

Jan

Union

Oil

of

1174 Mar

51%
117a

Feb

2572

Feb

United

Feb

Co

Aircraft

327a Mar

353/a Mar

14%

Jan

1.65

Jan

2.35 Mar

123/4

Feb

14 3/» Mar

18

Feb

207a

16

Mar

Jan

Canada Ltd (Un)_*

Paper (Un)

——7.58

Jade

Oil

.

Company

10c

Jon.es & Lsugblip Steel fUn)
For footnotes

see

*

page

45.




10

Rights

United Gas Corp

United .States

Calif

3c

237a Jan
157a Jan

Corp

50
10

10

(Un)—

Steel Corp— .—..—*
Oil Co
10

Cons

(Un)

——J

Mar

Pictures (Un)—
-5
Union Telegraph (Un)——*

177a

Feb

Warner Bros

1.73

Jan

Western

Feb

357a

Jan

447a Mar

477a

Jan

4672 Mar

507a

Feb

157a

17% Jaa

Westlngbouse Elec Corp (Un)—. 12.50
Willys-Overland Motors (Un)..
—J
Woolworth (F W) (Un)—
—10
Youngatown Sheet # Tube—
•
Zenda Gold Mining Co—
—10ft
Zenith Radio Corp (Un)
*

Mar

£2 % Mar

21c

Jan

£5 7a Jan

—

Jan

207/a Feb
193/4 Jan

58% Mar
3674 Feb

(Un)_»
25

(Un)

Jan

1774 Mar

common

Jan

13c

Jan

16%

1.50 Jan

Feb

48*/a
a—

22

(Un)*.—•

(Un)
Corp (Un)

Universal Pictures Co

a—

Feb

Jan

13% Jan

United Paramnt Theatres com (Un).l
United States Rubber Co (Un)—.—10
Universal

Jan

1874

273/a Mar

64

Jan

45

Mar

ft—

—

3074 Feb
2874 Feb

& Mar

———_—..

—

—

60

1077a Feb

21% Jan

■

...

Int'l Tel & Tel Corp <Un)

Jan

1

—

Twentieth Century-Fox Film

United Air Lines Inc

Illinois

Inter N.lckel Co of
International

Jan
Mar

1

Union Pacific RR

2572

Jan

Jan

ft—

Jan

33

—

Mar

5

(Un)

Co

z*

11

Jan
Mar

Jan

87a

2c

8874 Mar
81
a—

(Un)—... III

Sunray

Jan

39

.15

(Un)

Studebaker Corporation

133/4 Max
69% Mar
5274

5074

.25

(Un)

j)

Jan

*

Ohio

Standard

1274 Jan

Jan
Mar

2074 Mar

•

Calif

(Ind)

Co

Jan

—1

Edison Co

Calif

Southern

Jan

Mar

Mar

Jan

872

Jan

Mar

Jan

(Un)

Co

Aircraft

2474

Mar

85

Mar

4.32%

1574 Mar

Jan

Jan

Jan

47

Calif

70c

Mar

4072

Southern

21

91

108

Southern Calif Gass 6%

Jan

Mar

34%

Jan

Feb

217a Mar

42% Feb

563/i

19

Feb
Jan

88

Jan

60c

Jan

33

"

a__

25 7»

32s/a
24

5

Corp

Solar

Jan

Feb

16% Jan
28% Feb

Sinclair Oil

Jan

Central RR (Un)
—100
Imperial Deevlopment Co
25e
Independent Exploration Co
^._33.VaC
Interpoast Petroleum Corp____
10
International Harvester
*

Feb
Feb

Signal Oil & Gas class A

Jan

87/a

29%

15

...

307a Mar

.6.66%

11

874

21

1
..—12.50

1.10

60% Jan

567a

20

5

...

•

7% Mar

54% Mar

——1

class A.

new

Corp

Jan

4

19

•

Hancock Oil

47a

Mar

3%

91

33s/8

——

Holly Development Company

Jan

Feb

19

5374 Mar

Feb

3

Jan

*

(Un)—.....

50

Greyhound Corp (Un).——....
-1
Grummap Aircraft —...—.—

—

Feb
Mar

40

9
5
1.40
1

...

5474

3

31

51

•

423/a Mar

preferred (Un)—

Jan

78 3/4

1

Del

of

(Un)

4474 Mar

(Un)

Co

Jan

10%
a—

1

_»

F)

20

.

1

...

_5

to (Un)

Feb

7074 Jan

Jan

87a Feb

for publication.

—1

Jan

vr"

29

18

2.50

—

Co—

12

a—

Jan

70% Jan

not received in time

•
1

Is

1—-

was

1

Socony-Vacuum Oil Co Inc

5474

General Motors' Corp common—
Public Uailities (Un).—

26

strike this week's report

•

—

Feb

323

Jan

♦

Jan

133/4 Feb

113/4

Jan

(Un)

113/4

10

Jan

Feb

♦

14%

Feb

...

10

Western Union

27

-

_•

General

to

*

Oil

Shell Oil

227z

2674 Mar

Sears Roebuck & Company

Seaboard

Feb

...

Due

Mar

Seaboard Finance Co—.—...

Jan

87» Mar
a„

Feb
Mar

43/4

72

(Un)

Jan

337a

Jan

323/4
112

a—

—25
3

Feb

•

Jan

a—

1

Safeway Stores Incorporated
St Regis Paper Co (Un)
Schenley Industries <Un)

16%

—

—

(Un)—.—*.

Go

General Telephone
<B

13

Jan

_*
50
33Vic

(Un)
Co (Un)
Textron Incorporated common
Tidewater Assoc Oil Co (Un)
Timken-Detroit Axel (Un)
Transamerica Corporation

(Un)—1——*

Gepei^al Foods Corp (Up)

Goodrich

Jan

7574 Mar

23

Corporation

General

Glidden

v.

2278

Feb

21%

—_1

Corporation

Oil

Servel Inc

Jan

337a

—

class

Stores

Power

31%

Jan

(Un) _2 72

Ryan Aeronautical

——...

Radio & Phono

Emerson

Erie

—

Lines

Eastman Kodak Co

Richfield

Jan

157a

974
109%

4% Mar

(Un)

Inc..

Jan

Feb

20

—

Inc

System

Feb

.100
4

...

267a Mar
527a

153/4 Mar

353/a
a—

-10

Rexall Drug

Jan

51

1.35 Mar

Feb

—1

Corp

Rheem Mfg Co
Rice Ranch Oil

Jan

(Un)

Colorado Fuel & Iron..
Columbia

Feb

4772

101%
47a

Jan

51% Feb

Remington Rand —
—50c
Republic Aviation (Un)
1
Republic Pictures Corp (Un)
50c
Republic Steel Corporation (Un),
*
Reserve Oil & Gas Co..
1

Jan

373/4 Mar

-1

„

Co

Jan

6772

327a

(Un)_.

Ciary Multiplier Corp
Climax Molybdenum

Pictures

7U

Jan

Jan

Cities Service Co

Feb

America (Un)
Corp (Un)

Theatres

Jan

Feb

of

RKO

Feb

683/4

Corp

RKO

33

.25

Radio

Feb

1474 Jan
237a Mar

Jan

,—

267a

257a

Company (Un).

Jan

6772

.

Dodge Corp
Corp
(Un)

Jan

8 3/a

Jan

.

34

,,

,267a Feb

-25

& Co_.

(Charles)

57t

73/4 Mar

14%

_r.

-25

—

(Un)

Pictures

97/a

.25

——

Feb

14'/a Mar

6874 Mar

—

———

Jan

323/4

(J C) Co.———..
Pennsylvania Railroad (Un)
Pepsi-Cola Co (Un)

Jan

53%

ft—

Corp
Chrysler Corp

35%

Jan

Penney

Pure Oil

52

1-

Chicago

Jan

31%

common-

Phillips Petroleum
Pullman Incorporated

Feb

22

Paramount

Jan

Jan

—1

—

34

—25

World Airways

52'/a

4 72 Mar

Chesapeake & Ohio Ry Co (Un)—— -25

...

Jan

..25

—

-10

Feb

52

III

28

(Un).

Car

Phelps
Phllco

617a

—

Feb

Jan

——

Feb

-5

„2

Preferred

Packard Motor

Jan

.25

(Un)

Jan
Mar

4

28

Western Oil common

Pacific

Pfizer

.15

Ho

Jan

Jan

—

—

11

Jan

.10

92 7a Mar

153/a

59

common

80c

Mar

-2

Jan

472 Mar

Jan

-1*

,207a Feb

34 9/a

———,

18 7e

Jan

25c

113/4

—.—

Ltd

Oil

Canadian Pacific Ry Co
Case (J I) Co (Uni—

207a

173/a Mar

49

•

(Un)—..
Co ...

Company

Budd

Byron

for publication.

Jan
Feb

127a Mar

Feb

1074

-_2

Corporation——

Company

Western Union

4972 Mar

(Un)———

——

7a/a

872 Mar

...

Oil

Chica

Bolsa

to

strike this week's report
was not received in time

19%

Calif— ..10

of

Elec

&

Pan American

—20c

Co

BJue Diamond Corp

L

Jan

3373C

(Un)

Corp

Steel Cqrp

Oil

Bishop

.——

Calif

of

Aviation

Bendix

10

Corp common

Barnhart-Morrow
Basin

1

Co..

Jan

7

Due

Feb
Jan

Jan

Pacific Tel & Tel common

8372 Mar

777a

Avco

Jan

23c

177a

Jan

Pacific Petroleums Ltd

a—

37

(Un) ...—.—50
(Un)—
—25
Manufacturing Corp (Un)
3

(Un)

21

Feb

56

Pacific

Jan

67

Atlantic Refining Co

(111)

—

153/4 Mar
333/4 Mar

33%

preferred
red preferred
Lighting Corp

367a
553/8

Atchison Topeka & S F

Co

327« Jan

597a

1

(Un)_.

5%

Jan

123/4 Mar

&

Mar

16

——10
(Un).lOO

Co

—...

preferred

Feb

117a Mar

Armour

18% Jan
15c

—l

(Un)__—

Co

Gas

Pacific

67

,—10
10

Feb

2.10

Finance

307a

•

29%

Co

46 3/4 Mar

25

(Un)

American Viscose Corp

Jan

20-% Mar

Jan

4472 Mar

Oil

Ohio Edison

a—

22

Oceanic

Aircraft

6%

American Woolen Co

Jan

4

Jan

14

(Un)
Railway

Northern Pacific

Feb

Mar

a__

157« Mar

——1

48%

Anaconda Copper Mining Co (Un)—50

a—

(Un)__T...—_•

Aviation Inc (Un)

267a

......

713/4 Mar

Jan

10

American Co

North

65

2 3/4

....—1
—1

70

1

(Un)—
*
Allis-Chalmers Mfg Co (Un)
•
American Airlines Inc (Un)___.
1
American Can
....25
American Power & Light
(Un)
*
Amer Radiator & St San
Co (Un)—
American Smelting & Refining (Un)_»
American Tel & Tel Co (Un)
100
Dye

85c

297a Feb

55%

(Un)—•

North Amer

Jan

.

Feb

5

Nordpn Corp

Range Since Jan. 1

Jan

3

Jan

3

National

Sales

Range

of Prices

Jan

2.00

Jan

—1

Supply
New York Central RR

1272

60%

*

Gypsum Co
Mallison Fabri.cs—

National

Jan

28

(Un)

Diablo Co

National

Stock Exchange

83/4 Jan
1.15 Jan

55c

(Un).

Co

Power

Jan.

272 Mar

Co—

Merchants

Feb

8

1.35

——

Manufacturing

Menasco

.8% Jan
92%cMar

„————_

—....

Jan

57a
157a

772 Mar
Feb

(Un)

Jan

Jan

Jan

14%

2,225

Last

——t
&

Feb

Jan

1%

Par

Corp

Chemical

Feb

474

374

Sale Price*

Admiral

4674

4 % Mar

Nash-Kelvinator Corp (Un)—
National Distillers Prod Dorp

Allied

Feb

197a

87a

Friday

Jan

41

Jan

15

V

90%

16% Mar

>*-

117a

8%

STOCKS

Mar

522

ll3/4

Los Angeles

Feb

76

861

1

;

Jan

67a

Jan

472

—1

..

Wayne Screw Products

Apr

36 %

5%

—_——33 73c

Kropp Forge Co

High

,

Jan

1

—

(Un)_——
Land Co.—
—2.50

County

Low

31% Mar

300

...—1

,

Distributors.

Shirt

272

Corp

Range Since Jan. 1

High

3%.

Standard Tube class B common——1
United

Jan

1%

—5
—.1
10
—1

Scotten-Dillon

37a

15

Paper......
Manufacturing —

River Raisin

Rudy

37a Jan

117a

1

B)

197a Mar

1%

Co—...

(Fred

Prophet

-

17

*

...

Low

—.—1

47a

4ya

--1

Brewing

Shares

177a

,

Packard Motor Car...—

fer Week

Kennecott Copper Corp

Peninsular Metal Products com..

Pfeiffer

Chemical

&

Kaiser-Frazer

2%

.-2

,

Aluminum

Kaiser

18%

10

Corporation

Murray

High
397a Jan

23/4

~2%

Sales

Range
of Prices

Par

Low

2%

Products

Screw

Masco

:

Range Since Jan. 1

355

357s

Week's

Last

Sale Price

3574 Mar

High

35%

35%

—10
.—X

Co <S S)

Kresge

STOCKS

lor Week

Sale Price

STOCKS

33
Jan
337a Jan
/a Mar

25% Jan

263/4 Mar

18% Mar

207# Jan

7674 Feb
38% Feb

84

Jan

42

Jan

92

Feb

707a Jan
12
Jan

13% Jan

14% Jan

15 %

Feb

38% Mar
85% Feb

437a

Feb

397a Jan

8% Mar

107a Jan

42% Feb

•1.3% Feb

ft...

lOc

'"'i1.—

Feb

«9% Ja«

12c

Jan

73% Jan

38

The Commercial and Financial Chronicle

(1466)

.

..

Monday, April 7, 1952

OTHER STOCK EXCHANGES
RANGE FOR WEEK ENDED APRIL 4
Week's

Friday

Midwest Stock

Week's

Friday
Last

Range

Bale Price

of Prices

STOCKS

Low

Par

Steel

Admiral

Mfg Co

Ball

&

Copper Mining
Armco Steel Co (Un)
Co

(111)

New

Atchison

Athey

Topeka

Jan

100

32%

32%

33%

2,150

30%

13%

13%

2,800

13% Mar

14%

Mar

34

Jan

16%

Jan

900

Jan

21%

Apr

1,700

15% Mar

16%

Apr

154% 154%

1,000

153% Mar
46% Apr

157%

Feb

55%

Jan

Mar

41%

Jan

100
50
—10

47

46%

48%

700

37%

37%

37%

600

5

11%

11%

46

20

common

1%

1
common__l

11%
1%

36

11%

1,300
100

12%

Apr

1%

Jan

1% Mar

Jan

46

46

100

36%

Jan

47%

1

23

23%

1,000

21%

Feb

23% Mar

Pe corn—50

82

82%

200

74%

4

8

8

750

3

Santa

&

Washer

1%

1%

200

1,400
600

Co

3

7%

7%

13
Bastian-Blessing Co
*
Belden Mfg Co
10
Benguet Consolidated Min'g Co (Un)_lP
Bergoff Brewing Corp
1
Bethlehem Steel Corp (Un)—_*
Binks Manufacturing Co
1

10%

10%

10%

Mfg Corp

Jan

82%

Apr

Jan

8%

Jan

1 %

Jan

2

Jan

7

Jan

7%

Feb

10

Feb

40%

200

40

19

19%

500

11

43%

Jan

Feb

21%

Jan

1%

1%

1%

200

1% Mar

6%

6%

6%

7,150

7'/a

Feb

1% Mar

50%

30

23

39

700

54%

Jan

19%

550

17

Apr

19 %

Apr

13%

&
Borg (George W) Corp ——10
Borg-Warner Corp —
5
Budd Company
*
Burkhart
(Pi
Manufacturing
1
Burlington Mills Corp
1
Burroughs Adding Machine
*
Burton-Dixie Corp——12.50
Butler Brothers common ———<—15
Fisheries Corp

50%

5% Jan
48% Mar

17

19%

—

13%

350

12%

Feb

13%

Jan

16

16%

350

16

Apr

18

Jan

69%

69%

100

61%

Jan

70

Mar

13%

16%

14%

700

13%

Feb

14 V* Mar

250

29% Mar

35 %

Jan

1,000

16% Mar

19%

Jan

30

17

17%

17%

18%

17%

30%

16%

18%

50

13%

200

13%

17% Mar

18

18%

500

20%

12%

Feb

13%

Feb

Lamson

Sessions

&

Pacific

Centlivre

Brewing
South

<fc

Central

111

Central

Mar
Jan

Jan

conv

preference

$1.40

conv

4

& Ohio

4

Apr

2%

Libby McNeil & Libby
Printing Co common

(Arthur G)

McKee

Metropolitan
Mickelberry's

Brick
Food

Hart

Apr

17%

Jan

500

Jan

4%

Feb

27%

400

26% Mar

27% Mar

22%

—

23

100

22%

Feb

23

33%

Jan

34%

34%

35

1,000

Corp

preferred

18%

18%

61%

18%

—1
*

common

Convertible

35%

Mar

62

1,000

15%

Jan

18"%

Apr

250

60%

Feb

62

Apr

22%

800

56

56

56

10o

*

100

100

100

50

Towel

Convertible

Co

common

preferred

21%

21%

•

Pacific Ry common

116%
76%

24%

24%

19%

Feb

1,500
2,400

24

25
1

Cleveland Cliffs Iron common
4% %

preferred
Elec

Cleveland

24%

Jan

56

Mar

Jan

102

Feb

115

118

Jan

(The)

Columbia

Gas System

Inc

Co

'

■

——r

5

__

76% Mar

24

Jan

26%

Jan

84

84

900

80

52%

200

500

49'A Feb
18% Mar

52% Mar

19%

25

Jan

25

1—1

Coleman

Feb

19

v

»

Co

Inc

Muskegon
Muter

Detroit

National

Mfg Corp

Dodge

York

New

Du

American

North

Class

Northern

States

du Pont

26

150

24% Mar

29

Oak

Mfg

RR

(Un)

Fitz-Simons

Dock
Flour

&

Ohio

Edison

84

Mar

(Minn)

Four-Wheel

Drive

83/4

1,200

8%

Jan

8%

Jan

193/4

200

19%

Jan

20%

Jan

150

75%

Apr

92

Jan

3% Mar

Jan

3

6%

800

8 3A

4

—

91/4
22

550
300

4

550

27

Apr

40% Mar

5% Mar

8%

6%

Feb

Jan

9%

Jan

21

Jan

53%

Feb
Mar

Feb

23

Jan

4"%

3% Mar

12%

350

12

Jan

36%

37»A

300

34%

Jan

37%

Feb

34

34

150

34

Apr

35

Jan

625/8

62%

100

60

Feb

66%

Jan

14

Jan

'

93A

93A

100

9%

Apr

13%

Jan

8%

8%

8%

600

7%

Jan

9%

Feb

20%

20%

21 3/8

2,600

18%

Jan

21% Mar

150

12%

Apr

14%

40

Feb

43

—.

125/a

12%

40%

40%

50

83/a

83/a

100

19%

193/4

800

163A

17%

950

16

20%

205/8

800

19%

Jan

20"%

Feb

9%

9%

100

9%

Apr

10

Jail

113A

113/8

113A

3,300

10%

Jan

11% Mar

38 3/4

37%

383/4

1,200

34% Mar

39%

Jan

15%

15%

140

Mar

15%

Apr

15%

15%

1,000

15 %

Jan

——

•

;-

19%

203/8
'

— —

com__5

18%

—

1

15%

Jan

Mar

Feb

21%

Jan

Jan
Mar

20

15

16% Mar

333/4

—

34%

500

33%

Jan

34% Mar

593A

_*

(Un)

•

60%

500

54'A

Feb

60 %

14

14

14

Feb

14% Mar

25

Box

General

Electric

4%

Co

4%

900

4%

4"%

Feb

Peoples

class

A

10%

103/8

200

10

Feb

11%

27%

27%

200

25%

Feb

30

Mar

133/4

133/4

133/4

100

13%

Apr

15

Jan

13

Apr

■

13

13

13

63A

10

—

50

Light

Gas

Coke

&

20%
18%

100

Pepsi-Cola Co (Un)
Phelps Dodge Corp
Philco

——

33%c

100

7

3,200

20%

135

18%

100

6%

3

Co

*

(The)

Co

31%

Jan

33% Mar

Pullman

34%
8%

Jan

36%

Pure

Feb

9

Jan

8%

General

Finance
Foods

General

Motors

8%

8%

400

8%

Feb

9%

Jan

9%

9%

500

8%

Jan

9%

Apr

Radio Corp of

100

10%

Feb

13%

Feb

100

4%

Jan

5%

'

—

_

58%

1

Quaker Oats Co

10%

300

Jan

745/8

30

30

56%

58%

20%

17% Mar

130%
8%

li

11

5%

5%

11

5%

Jan

Pressed

Car

Steel

Co

Public Service Co

13

1

113/s

Feb

.Apr

10%

Apr
Feb

100

71% Mar

79%

100

27%

Feb

31"% Mar

1,600

48%

Feb

58% Mar

13%

Feb

113/8

113/8

100

10% Mar

13%

Jan

30

5

30%

300

31%

Feb

68%

13%

13

150

Mar

13

(Un)

Rights

—*

Pictures

Corp

(Un)

(Un)

1

16%

Jan

18%

Feb

85%

100

84%

Feb

91%

Jan

Rexall

139

'■'mmmrn

139

10

14%

—1

14%
14%

130

100

14%

•mm&y.'

•

Raytheon

43% Mar

100

47%

Jan

139

Jan

Raisin

Feb

15% Mar

13

Jan

16

Jan

•
•

Paper

Feb

14%

St

Louis

National

Bt

Louis

Public

Co

13%

10

13%

11

;

11%

12

7%

7%

52

Stockyards

350

14

Jan

12

Apr

Schenley Industries

com

(Un)

Apr

Schwitzer-Cummins

Co

Feb

7%

27

%

1,400

33A

100

9

500

Jan
% Mar

27%

Jan

General

Telephone

Gibson

7%

1

2%

7%

1

common...

11

Jan

Apr

44

Jan

42%

900

6

61/8

900

35%

500

33%

Feb

8%

100

8%

Feb

9

Jan

48

8%
47

~9%
22%

21

283/4

16 3A

48

52

40%

6%

43

Jan

39%

5% Mar

Jan

600

%\, 7% Mar

8%

Jan

Bears

2%

Apr

2%

Jan

Securities

54%

*

Feb

59%

Jan

St

Apr

Serrick

Jan

She 11mar

Roebuck

4,800

8%

Jan

9%

800

163A

Jan

24%

Feb

19%

700

19%

Apr

20%

Jan

28 3A

29%

200

283A

Apr

33

163A

300

16% Mar

#53

Gossard

(W Hi

Graham-Paige

Jan

8%

Jan

44%

50

Feb

55

Drug

Gray

30

30

100

30

Apr

31

Jan

Great

8

Mar

Jan

Sinclair

8%

100

v

Corp class B common
Prod

Griesdieck

Corp

32%

150

30%

Jan

33% Mar

38%

400

36%

Feb

423/8

Jan

South

44%

44%

44%

100

43%

Feb

47%

Jan

Southern

(Un)„

Western

_

503A

Feb

56%

100

11

Jan

18% Mar

14%

14%

100

133/4 Mar

15

Jan

343A

34%

34%

1,300

32

Feb

36%

Jan

18%

18%

18 3/8

100

17

Jan

19% Mar

1,400

9%

Oil

Corp

Socony Vacuum Oil
Bend

Lathe

(Un)

46

45%

47

1,600

42%

Feb

47%

Jan

39%

39%

40

1,400

34%

Jan

40%

Jan

Feb

1

15

Works

'

.3

7%

900

7% Mar

8%

Feb

Southern Pacific Co

3%

100

2%

3%

Feb

Spiegel

13%

650

14%

Jan

19%

1,450

20%

Feb

18

18

19%

26

5

13%

13%

*

(Un)

25%

68%

71

—2

Co

3%

9%

9%

100

2%

2%

100

2% Mar

3

Jan

2%

2%

100

2% Mar

3%

Jan

'

11%

100

11%

2,000

18

18

18%

1,050

56%

57%

300

11%

400

50% Feb

Jan

12% Mar,
18% Jan

■

(Un)

Inc

Warrants

Standard

—

—•

——————

Dredging

1

Corp

17

Mar

Jan

11"%

Feb

Standard

Oil

17% Mar

22%

Jan

Standard

Oil

of

51%

Feb

58%

Jan

Standard

Oil

N

6%

Hammond

Harnischfeger
Heileman
Hein

1

(G)

Werner

Co

..

5%

5%

6%

2,800

1

23%

23%

23%

800

5%
21%

Jan

38

38%

100

34

Jan

39

21%

22

950

20 V*

Jan

24%

Jan

10%

Co

Instrument

10%

200

9%

Jan

11%

Feb

41%

41%

100

38%

Feb

42%

Feb

10

Corp

22

Brewing Co
Corp

California

of

4

Indiana

-25

Apr

23 3A Mar
Mar

J (Un)

Corporation

Hupp

Huttig

Sash &

—

1

-

Door

Hydraulic Press
$6 preferred

23

10

Standard Railway Eq
Standard Steel Spring

common—

Stewart-Warner

—50

—

Co

Independent
Indiana

Inland

10

Pneumatic

Steel

Steel

Products

Tool

18%

3

3%

300

3

Apr

200

25

Jan

5%

80

4

Feb

48

49%

90

43

Feb

493A

Apr

Sundstrand

11%

50

10

Feb

11%

Apr

Swift

&

18%

19

Texas

Co

25

25

3%
26

•

Sunbeam
New

*

International Mineral & Chemical 11—5
International Packers Ltd
15

1,300

18

Feb

1

Paper

International Shoe
International

Interstate
Iowa

Power

Power

Jones

&

Tel

&

(Un)

Co

Light

Laughlin

For footnotes

.

(Un)

Steel
see

"•

(Un)

—10

Corp.— —10

naee




-3.50

45.

700

60%

Jan

71

Apr

9%

Feb

10%

55

650

75

1,700

74

-Fen

46 Va

46%

46%

200

55

Jan

vm

Jan

90

"

Apr

91% Mar

85

-

41%

Feb

47%

Jan

14%

14%

400

14%

Apr

15%

23%

23%

23%

100

23 V*

Jan

24

14%

14%

14%

250

13%

Jan

15%

5

19

19

19

100

19

Jan

20%

Feb

9% Mar

10%

Jan

1
1

9%

37%

*
w

i

9%

200

36%

37%

1,500

66

0

66

32

33%

13%

32
Tool

Jan
Mar

Jan

Feb

32

37% Mar

15

100

65

Feb

71

Jan

300

32

Apr

33%

Apr

13%

Apr

16

Jan

1,400

19%

14

Mar

16%

Jan

45

Mar

51

Jan

Texas

Gulf

33%

33%

33%

1,200

32%

Feb

363%

Jan

Texas

Utilities

35%

35%

35%

500

35%

Apr

41

Jan

Thor

11%

11%

100

11%

Feb

14 3A

24%

4,300

20%

Jan

24%

Apr

31%

32

.1,400

31%

Feb

35%

Jan

57

57

58%

2,000

53%

Feb

60

Jan

1

Jan

300

22%

32

25

(Un)

23%

25

Corp

Co

400

Jan

—

I

(The)

Producing

Corp

•

31

32

50O

29%

Jan

32%

Jan

•

Co

34%

35

500

32%

Jan

35%

Feb

Apr

5

Edison

13

13

13%

250

13

Mar

13%

5

Co

11%

11%

11%

6,100

10%

Jan

11% Mar

600

22%

Feb

26%

100

20% Mar

1,000

2% Mar

48

17

9%

48%

Feb

Trane C®

38%

100

45%
37%

Feb

38%

•

Tel

Oil

14

—7.50

Co
&

;

Machine

48%

Toledo

International

Corp

Corp

common

14
.

__

Harvester

Apr

Feb
Jan

5% Mar

46%

I—1

Co

Co

International

•

13%

1

Corp
Studebaker Corp (Un)

Sunray
Brick

Illinois

Jan

5

Container

11%

25

1

1,300

12%

86%
77%

1

(Un)
Sterling Aluminum Products

5

__

5

common

Brick

■

Jan

54%

86%

.13

Stone

Hibbard Spencer Bartlett

23%

Jan

11%

Standard Oil Co (Ohio)
Hallicrafters

100

27

Feb

7%

57%

25

Jan

5

"

2

Brewery

8

19

3%

«

Gulf Oil Corp

^

Corp

13%

7%

•

Dredge & Dock
Grief Bros Cooperage class A

Greyhound

32
38

•

Lakes

600

18%

1

Signode Steel Strapping Co

•

Stores

53%

18%

Mar

400

8%

1

(Un)

53

18%

•

7%
42%

4,000

32%

*

Co

Motors

53

6

8%

30

•

Jan

17% Mar

10

55

38

Goodyear Tire & Rubber Co

Jan

of

42%

1

Safety Razor Co.

Apr

9%
22%

8%

_•
Co

common

54%

*

Refrigerator Co

Gillette

Co

&

Investment

Louis

8%

.—20

—

1,700

Jan

19%

1

42%

A.

5

Corp

600

2%
59%

Jan

Apr

35

10

54%

_

Corp

7%

2%

57%

*

Apr

4%

3^4 Apr
8%

40%

•

1.40

23%

Jan

35

% Mar

800

273A

33A

5

Service A

Jan

7

27% Mar

40%

*

Regis Paper Co
Sangamo Electric Co

9% Mar

12%

7,950

900

41'A Mar

Jan

35%

5

St

.

27%

8%

—'—

2%

Co

Bros

27

5

(Un)

Drug

River

61%

%

America

200

600

200

200

;

17%

44%

40%

673A

27%

5

Manufacturing Co
Republic Steel Corp (Un)

43%

40%
"

29% Jan
39% Mar

67%

*

Co

85%

—

•

Co

Oil

RKO

common

Indiana

of

17

5

Corp

Jan

135

Feb

2,000

Apr

8%

5

(Un)

Corp

Jan

22

Jan

Jan

—

General

Jan

15

Apr

20

100

135

9%
745/8

mmmm

25

Corp

Phillips Petroleum

200

Auto—

Co

>

Jan

27%

1

5

common

Inc

43/8

1

(Un)

2

Coal

Controls

Penn

400

Inc

Corp

Apr

2

Airways

(Un)

Class B

Peabody

1,000

Inc

General

Jan

9%

8% Mar

I
Gamble-Skogmo

Jan

12%

*

A

class

Pen

8%

'

—5

_

Jan
Jan

77

215%

•

Paramount Pictures

35%

.....

_

17% Mar

6 %

83A

2%

World

American

Pan

33%

(Un)_.

.

Jan

8 3/8

— —

10

Car

8%

35%

*

—

_

16%

37

—*

Power

Motor

35%

33%

Jan
Mar

Dredge &

America

of

100

8%

50% Mar

8

33%

(The).

Co

16%

24%

—10

Co

16%

*

Mills

18

125

(Un)

Manufacturing Co

33

.—10

Connell

15% Mar

550

Corp

Corp

-

Jan

10

Emerson Radio & Phonograph
Falstaff
Brewing Corp.. _

8% Mar

200

500

•

Ohio Oil Co (Un)_
Ontario

Rlchman

Eddy Paper Corp

2,100

40V2

1

C'O

Feb

—

(Un)

Feb

83/4
15%

Jan

Jan

Inc

de Nemours

Kodak

16%

533A

2

Shoe Co

15%

__10c

(E I)

Eastman

Jan

Jan

15

263/8

10

Bancorporation

Nunn Bush

30%

1

A

5%

393A

Co

Illinois

250

1
class A
(Alan B) —

Corp

Jan

Apr

4%

52%

Car

American

North

Northern

3,050

—

Laboratories

Mont

200

Jan

49%

5

(Un)

Cooker

Central

15%

—

Finance

Domestic

15

Jan

Feb

43

263/8

Co.——2.50

Corp

Pressure

32%

25

(Un)

2,050

26%

*

National Tile & Mfg

32%

'

Nav

43/a

400

10

National Standard Co

15%

*

Cleveland

&

1,400

50c

Nash-Kelvinator

32%

Corp

Curtiss-Wright (Un)

45%

3%

$3.50 preference.*

Ring

Piston

15%

Consumers Power Co

Motors

Mar

4%

75%

1

Company

_•

convertible preferred

$1.32

23

91%

4% Mar

'

Potter

Continental

Jan

75% Mar

700

3%

1

Co—

Montgomery Ward <fc Co.

"-25

(Un)

Commonwealth Edison common

20%

200

43/a

Jan

68%

52

84

100

__

_

Ilium

Clinton Foods

■"

■mmrnm

600

791/4

'

Monroe Chemical Co

Mar

50%
94

25

74%

115

*

„——

Corp

22%

3%

4
1

common

Pennsylvania RR

Chrysler

Jan

*

Mississippi River Fuel

Parker

Chicago Rock Island & Pacific Ry Co.*
Chicago

11

Jan

St Paul &

Chicago Milwaukee

Apr

Jan

193/4
—

•

Brewing

Minneapolis

Packard

Chicago

8%

*

Co

Inc
Products

Inc

500

1

Utilities

&

Feb

93/e

•

Middle

South

8%

*

class B

Cement

Portland

17%

16%

—

Ji

Marshall Field & Co
Medusa

Jan

8%

—T

Chem common
Lonergan Mfg class B
&

16%

153A

—.

*

Lincoln

Lindsay Lt

1,100

4%

—

10

Leath & Co common

17%

Jan

2

26%

26%

preference

Chesapeake

'

40%

3%

700

Feb
Feb

16%

100

16"%

33%

5,260

2%

16%

common

$1.50

40%

2%

5

1
*
———.—*
(Un)
25

Corp

Secur

37%

2%

50c

Corp
West Corp

Co

29 % Mar

15

5
—4

(Un)

Co

Laclede Gas

Northwest

(Un)

Canadian

Co

Laclede-Christy

Jan

45%

4%

27

4%

——

38%

600

78%
■

Apr

28%

213/4

22

•
10
33 %c

30%

8%

—

*
:

High

300

17%

•

Corp

Copper

Monarch Co
Koppers Co Inc
Kropp Forge Co

Low

31%

283/4

283/4

1

Knapp

Range Since Jan. 1

High

30%

Mar

Mar

18%

Low

•
8.75

Island Lime & Transport

Kelley

Miller

40%
19

Jan

7%
H

&

Power

Co

Kennecott

Shares

Jan

16%

Baldwin-Lima-Hamilton

Booth

3%

3%

7%

Avco

3

7%
3%

21%

Corp

Products

Automatic

Jan

16%

i

w

8 %

200

,

20%

Oil & Refining Co

common

7% Mar

7% Mar

16'/a

Asbestos Manufacturing Co

Ashland

Jan

150

21%

(Un)

Anaconda

&

9

7%
v7%

...

•

(Un)

American Tel & Tel Co

Armour

Feb

(111)-———1

Stand San

&

Jan

28%

1

(Un)

American Investment Co
Rad

16%

Jan

Katz Drug

for Week

1

Light
& Light (Un)

Power

Jan

Jan

•

(Un)

American Airlines

American

200

7%

30

15%
25

55

26%

1

Bearing

Roller

Laboratories—

Allied

16%

High

27% Mar

100

28 V*

26%

5
5

Advanced Alum Castings
Aetna

Low

City

Kansas

Range Since Jan. 1

V Shares

High

X

Alleghany Corp

Kansas

Range
of Prices

Par

Kaiser Alum & Chemical—.

for Week

15%

—

Corp

S

Sales

28%

1°

Co

(J D)

Adams

Sales

Last

Bale Price

compilation of the round-lot transactions only.

A

Acme

STOCKS

Exchange

Feb

38%

Jan

Trans World Airlines Inc

5

17

17%

2,700

15%

Feb

17%

Apr

1

9%

400

8%

Jan

Trav-ler Radio Corp
Trl Continental Corp

24%
24%

900

23% Mar

25% Jan

Truax-Traer Coal Co

1,400

22% Mar

25%

208

9%

24%

24%

23

23

400

50%

9% Mar

Jan

So

La

(The)

Salle

2

St

25

1
common

Corp

1

•

25%

22

2%

22

2%

51%

23

Jan

Jan

Jan

300

13%

Feb

15%

18

18%

300

16%

Jan

20%

51%

51%

40

50

Jan

52

'

Jan

3%

15

15
-18

2%

Feb
Mar

II

i-jsfci

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"Volume 175

'i

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Number 5105 ...The Commercial and Financial Chronicle
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(1467)

i

OTHER STOCK EXCHANGES
RANGE

Friday
STOCKS

Week's

*

Last

United

Par

;

.

Carbide

Air Lines Inc

Shares

Low

Paramount

Common
U
U

(Un)

8

Warner

Bros

_

_

$4.25

Inc

(Wm)

1/128 Mar

Copper Mining
Anglo Calif Natl Bank
Armour

ft Mar

4%

Jan

Corp

181/4

100
100

77

40

51/4 Mar

18i/e Mar

8I1/2

38%

21

Jan

Mar

831/2

5,200

381/4

Feb

421/b

Avco

Mfg

(Un)

Corp

Baldwln-Lima-Hamil
Securities

5

37

700

35»/4

40%

Jan

Bendix

(Un)

5

13

Jan

Benguet Cons Mining (Un)
Bethlehem Steel (Un)

11%

50

11% Mar

72

10

72

Jan

Ohio

Aviation

900

8%

Feb

10%

Jan

12'/a

Jan

141/2

Jan

Blair

Corp

13

200

13

Jan

14

Jan

Boeing Airplane

721/2

100

71 »/a

Jan

741/8

Jan

Borden Co

13

13%

200

13

Mar

14:/»

Jan

Borg-Warner

461/2

200

451/4 Mar

50 y4

Jan

Broadway-Hale

461/2

116

116

$10,000

II51/2

Feb

117'/4

Week's

Stores

Shares

-100

Arundel

*

Corporation
Atlantic City Elec Co

—10

Budd

Curtis

common

Electric

& Deposit

General

Motors

Gimbel

•

Co

(Glenn

24%

Feb

11%

Jan

Clorox

Apr

3%

Jan

Columbia

3

307

2

Jan

31/2 Mar

257

131/4

Feb

14%

Apr

Cities

75 y4

74%

76%

748

Feb

374

6

Feb

8Ve Mar

3,357

23

Feb

25%

42%

43%

380

401/8

Feb

43% Mar

71%

73

551/4
17%

510

8%

IIIi
1
•

.—50
-

-1.20

preferred

Corp

River

Jan

Scott

Paper

common.

Feb

47 Vb

Jan

51%

Feb

431/2 Mar

48%

Jan

Feb

1.75

Jan

34

Jan

35'A

19%

Jan

23% Mar

69

Feb

75

a__

1.35

—

35

a—

Jan
Mar
—

Mar

371/2

Jan

Feb

39 J/4

Feb

2 J/2

37J/2

Feb

38J/2 Mar

15%

Feb

16'A

Jan

9%

Jan

(Un)

*

_

28

Edison

25

Consol

Consol

Grocers

17%

Apr

Consolidated

8%

219

8%

Jan

91/4

Feb

Creameries

20

14'/«

Feb

17%

Apr

Crocker

11%

70

11

Mar

14%

Jan

Crown

5

.

•

Corp

1.33 %

vuitee

Aircraft

America

of

131/8

13%

13%

3,422

13% Mar

14

28%

29%

1,890

267/8

Feb

i

Inc

18%

4,050

17%

Feb

201/4

Jan

59%

59%

117

56%

Feb

671/4

33 J/2

Due

to

Western

,

was

,

not received

.

in

time

for publication.

25

Feb

9% Mar

Union

strike this week's report

1

First Natl Bank

Mar

33'%

Feb

a

common

12

Jan

34'/b Mar
—

17% Mar

19%

Jan

11% Mar

12J/4

Jan

84

Jan

ft

.

Corp

Jan

34J/e Mar

a—

53'/4

Jan

*

Zellerbach

34

99

Jan

90

Feb

57

Jan

IOI1/2 Mar

29% Mar

18

9% Mar

(Un)

Consolidated

18

59%

Jan

38%

Jan

43%

Feb

Dominguez Oil Fields Co

29

Jan

30%

Feb

Dow

6

5% Mar

8

Jan

du

8

857

7

9%

30

5%

l'5%

7%

81/2

Feb

5

151,4

Feb

9%

Feb

Jan

39%

29%

'

1

4,538
1,080

39%

—

Curtiss-Wright Corp (Un)
Di Giorgio Fruit Corp class A
Doernbecher Mfg Co

29%

—

Jan

7

Feb

Chemical

Pont

(E

com

•

(Un)_

Jan

3%

Feb

35% Mar

common

15

de

Nemours

5

85 y4 Mar

901/2

Jan

(Un)__ 10

43J/a Mar

47%

Jan

10

Jan

I)

30%

425

26%

Jan

32'/a Mar

Eastman

25%

26

402

24

Jan

26% Mar

El Dorado Oil Works

Kodak

Paso

2.75 Mar

33J/8

•

211/2 Mar

Co

29%

Co

Natural

common

a—

•

Gas

6% Mar

3

34

Feb

37%

40 J/4 Mar

461/2

—

Feb

28%

28%

315

25

Jan

28% Mar

Emporium

•
1

11/4

Jan

2

Mar

10

47J/4

Feb

56

Jan

6%

Jan

Va

51%

52 Va

511

501/2

Jan

54%

Jan

41V*

41%

41%

40

41%

Feb

48%

Jan

Pood

84%

84%

86

Jan

Capwell Co
Corp Ltd

Eureka

•

Foster

321

791/4

'

Machinery

Chemical

&

Jan

5%

32%

32%

34

25%

25%

10

5%

95

Jan

41'A

Apr

48%

Jan

30%

Feb

341/4 Mar

General

31

General Foods Corp (Un).
General Motors Com common

•
5

50

Feb

54% Mar

General

Coal

5 VB

13V&

Improvement

75

509

1

Gas

Westmoreland

♦

13

Feb

141/4

10

25% Mar

Feb

BONDS
Baltimore Transit
5s

7%

37% Mar

•

Feb

28%

51

Corp

United

Jan

Jan

Feb

36J/2

(Un)

Packers

Commonwealth

♦

Sun Oil Co

United

System

Solvents

17%

—50

Sharp & Dohme Inc

29

6

A__2%

cl

—

Commercial

El

Reading Co

251/2 Mar

33'/4

3 J/3

System

25%

Gas common-

Feb

10

(Un)
Co

29%

Public Service El &

Jan

♦

Preferred

•

common.

Co

Gas

11

—

Feb

15 J/i2

501/4

-28

(Un)

551/4 Mar

Feb

4

Mar

1

73%

16%

Feb

14

25

B

17

8%

3%

22% Mar

10

Coppermines
Edison of N Y (Un)

Feb

Feb

47% Mar

•

70y8 Mar

3,573

17%

Jan

20%

2

(Un)

49%

119

54 y8

17%

Feb

a__

25

common

com

Broadcast

Columbia

761/s Mar

7%

23%

42%

Jan

Jan

2'.': 1/8

68

8 J/2

13%
25 J/4

5
Ltd

(Un)

Ry

RR

Chemical

Class

Feb

Feb

a__

10

;

Service

7%
13%

22J/2 Mar

*

America

Ohio

Columbia

*

L)

Participating

Jan

9%
3%

14%

10

2'%

5

Ry

Chrysler Corp

21%

54%

Pennsylvania Salt Mfg
,—10
*
Pennsylvania Water & Power Co—
•
Philadelphia Electric common

Philco

17% Mar

410

5

.

Corp
Pennsylvania Power & Light
Pennsylvania RR

Co

Jan

St

1,164
1,210

—10

_

Transportation

Paul

Mil

3%

5

_

Pennroad

Phila

Chi

24%

13%

_

Lehigh Coal & Navigation
Lehigh
Valley RR
Martin

Feb

10%

7

Corp..

Brothers

157%

sy4

.13%

com

Storage Battery

Fidelity

1531/4 Mar
15%

Jan

Mining Co

&

155

62J/4

(Un)

Oil Co

of

Chesapeake

•

common

Light

Corp
Eureka

Jan

23%

'

—

&

Central

36%

10%

~3%

*

Power

Celanese

High

Apr

«■

—25

Publishing Co

17%

34

Jan

Inc

Caterpillar Tractor Co

2%

._75c

Corp

Delaware

23%

—13

Corp

Corp

Company

Chrysler

2,433

17%

—

Baldwin-Lima-Hamilton

Baltimore Transit Co

'

260

153% :155%

154%
'

Low

34%

621/4

Packing Corp

of Prices

High

Jan
Feb

5

*

Pacific

34

Jan

50 J/2

52

Co

Atlantic

Low

2.10

1

Canadian

34%

14% Mar

Feb

Jan

Co

Canadian

Range Shtce Jan. 1

Jan

Jan

1.90

*

Ink

California

11%

Feb

(Un)

Cement

California

Jan

1% Mar
53%

50 J/4

Sugar

Calaveras

Jan

49% Mar

48%

Burroughs Adding Machine
Byron Jackson Co

Feb

1 J/2

52%

5

Company

Sale Price

Securities

(Un)

Corp

Sales

•

Jan

49 "A Mar

4% Mar

—15

for Week

Par

Feb

19%

1

(Un)

Co

Range

-

3%

Feb
Jan

*

(Un)

Last

Tel

100
1

Corp

72'/a

Friday

Baldwin

(Un)

3

Holdings

Calamba

&

RR

Bishop Oil Co

650

Philadelphia-Baltimore Stock Exchange
Stores

Feb

PI

731/2 Mar

Feb

&

131/2

STOCKS

Jan

3 J/2

Bantiini Petroleum

10%

1933

10%

3%

Feb

Bunker Hill & Sullivan

3%s_

Feb

Jan

18%

Baltimore

151/8

91/2

—

Feb

7%

75c

__

13% Mar

131/4

13

3.00

Jan

10%

13

Apr

Budd

American

(Un)

(Un)

Feb

BONDS

American Tel

Corp

7

14%

13

5

Feb

1.80 Mar

11%

9%

--

___

81 J/s Mar

3

,

100

13'A

Co

Feb

12% Mar

75J/4

200

•

11%

2

35%

Jan

11% Mar

13

72

.

Jan

P2

common

;•&

54%

33 J/4

50

36%

11%

1

Inc

Tel

(Un)

High

Low

471/4 Mar

ft

Fe

Range Since Jan. 1

High

50

14%

*

(Un)

Jr__

&

new

Shares

Jan

Jan

Wedge

lor Week

20

(Un)

Santa

&

(Un)

14%

■

36%

»

common

Machine

Tel

(111)

Top

Baldwin

■

-12%

_

Youngstown Sheet & Tube

American

Co

&

Atchison

Atok-Big
181/4

Bankshares

Yates-Amer

200

Anaconda

Sales

Range v
of Prices

Low

13

:

Industries

Wrigley

600

51/4

39

5

_

preferred

Wisconsin

Jan

•

(Un)

Willys-Overland Motors
Woodall

331/2

811/2
•

Electric

Stores

Par

Jan

Feb

1/64

_

_

Works

Wieboldt

64%

28%

51/4

_

Pictures

Westinghouse

Feb

400

1/128

—

1
_

Van Dorn Iron

571/4

29

(Un)

-

Corp.

High

100

28%

10

(Del)

Co

Steel

Low

63

Theatres—

(Un)

S Rubber

High

Week's

Last

Sale Price

63

—

Corporation

United

STOCKS

Range Since Jan. 1

'

Rights
United

Friday

for Week

of Prices

1

•

Carbon

&

Range

Sale Price

Union

FOR WEEK ENDED AFKIl. 4

Sales

series

class

&

Kleiser

Paint

2%

common

Electric Co

(Un)

Corp common

Cumulative

57%

58

53%

$4,000

58%

Jan

Feb

preferred
2nd

•
1

Golden

State

Co

Ltd

Friday
Last

Range

Shares

Par

Allegheny Ludlum Steel
Arkansas Nat Gas

Co

Low

*
*

com

New

Low

41

—

Jan
Feb

Jan

16

16% Mar

18

Jan

311/4

Feb

33

Mar

12%

Jan

15% Mar

43%

Jan

451/2

r

.

i

151/4

Feb

Jan

3%

48% Mar

50%

Jan

111/4 Mar

11%

Feb

1

33

Mar

•

24

Feb

3

*

Feb

Hancock Oil Co of California—

Range Since Jan. 1

High

39%

Jan

•
3

(Un)

Greyhound Corp

for Week

of Prices

(Un)

Graham-Paige Corp (Un)
Great Nor Ry non-cum pfd

Sales

Sale Price

STOCKS

Week's

a—

*

common—

Goodyear Tire & Rubber

—

6% Mar

59%

•

preferred

Gillette Safety Razor Co

Pittsburgh Stock Exchange

a

*

Convertible

Co—

A—_1975.

54% Mar

•

59

High

39% Mar

46

class

Hawaiian

Jan

Holly
.1

A

common

_

Pineapple Co

Ltd

Development Co

Honokaa

Sugar

Co

1.70

1

J/8

Feb

35 Vb Mar

16%

Jan

2.30 Mar

41/2

Jan

20

4

*

(Un)

60

Jan

68

Jan

171/2

Feb

20

Jan

14%

14%

30

13%

Jan

15'A Mar

Honolulu

.—10

10%

10%

28

10%

Jan

10%

Feb

Hunt

Poods

•

17%

17-/4

88

16%

Feb

18

Jan

Columbia Gas System

*

15%

15%

165

15'A

Jan

16%

Jan

Idaho

Maryland Mines Corp

Idaho

Power

;

20

Duquesne Brewing
Equitable Gas Co

5

9%

9 J/4

682

10

Jan

Independent Exploration

33V3C

Jan

6%

preferred

Blaw-Knox

Harbison
Home

—

Co

Walker

—

*

8.50

Refractories

Corp
Inc

Co

21

22'%

350

20%

Jan

22 'A Mar

International Harvester

33 Vb

55

30%

Jan

33%

Internat

31

31

30

30%

Feb

32

Jan

36%

36%

92

34J%

Jan

38

25%

26'/a

143

25'A

Jan

27% Mar

Kaiser

23

275

19 J/2

Jan

23

Jan

Kaiser-Frazer

Feb

Kennecott

Jan

Nickel

International

Lone

Star

Mountain

National

1

36%

10

25%

Supply

__io

Gas
Fuel

Fireproofing

Corp

5

~5%

5%

5%

476

4%

5%

Jan

Kern

Co

Tel

Johns-Manville

Co

Feb

1.75

Jan

39%

Jan

39%

Jan

11

Jan

171/2

1.20

1

(Un)

Feb

32%

Feb

361/4

Jan

43

Jan

47%

Jan

Mar

23

*

Joy Manufacturing

—6%

33

21

•

(Joseph) Co

9 J/4 Mar

Oil

Tel

&

•

(Un)——•

-

17%

Jan

Feb

681/2

Feb

Corp—1

31% Mar

361/2

1
•
2.50

79% Mar

•

Chemical

&

Corp
Copper Corp

V,

16 J/4 Mar

(Un)—•

com

(Un)

Corp

Aluminum

(Un)

Canada

(Un)

County Land

65

5%

Jan

7

Jan
Mar

91%

Jan

41

Feb

46

Jan

34

Feb

34%

Jan

Pittsburgh Brewing Co—
Common

2%

Pitts

Screw

&

Plymouth Oil

Corp
Corp—___

2%

2%

44>/4

45%

407

/ 9%

9%

9%

40

35%

36%

2

lie

13c

3

Jan

Leslie

Mar

50

Jan

Libby

9% Mar

640

44%

*

Bolt

2%

10

Pittsburgh Plate Glass

11

Jan

Lockheed

Loew's

2%
43

2%

Jan

31%

Feb

36J/e

Apr

11c

Jan

13c

Salt

.10

Co

McNeill

-7

Inc

Toy Mining
Steel Spring

10c

Standard

13c

1

28,750

United Engineering & Foundry
Westinghouse Air Brake
Westinghouse Electric Corp

23%

24

57

__5

57%

90

J/2

25%

25%

26

214

36%

36 '/a

36%

491

35%

(R H)

Magnavox Co

27

Jan

Marchanfc

40%

Feb

Macy & Co

Jan

Jan

Marine

Bancorporation

(Un)

Navigation

(Un)-

common

STOCKS

Calculating

Air

Reduction Co

Machine

Co

..10

Alaska Juneau Gold Mining Co

Alleghany
Allied

Corp

—ie

—

(Un)

.1

Chemical & Dye Corp (Un)_

Aluminium Limited
American

Airlines

of Prices

Shares

to

for publication.
Inc

(Un)

—j

American

1
Broadcasting Co (Un)„
American Car & Foundry
(Un)
American Factors, Ltd (Un)
.1—20
Amer Radiator & Stan San

(Un)

•

Range Since Jan. 1
Low

Union

Feb

'

Common (Un)

25% Mar

2%
3%

Feb
Feb

72 »/4 Mar

105%
14
a—

60%
27'A

Feb

Tel

American

Woolen

Co

footnotes

see

For

&

Tel

Co

(Un)
page 45.




M

National

Jan

National

3'A Mar

(Un)

j.—10c

—5

(Un)

Corp

Fibres
Prod

Distillers

5

(Un)

3 "A

Jan

N

Y

Service

Linen

Jan

Niagara

Jan

North

American

16%

Jan

North

Ameircan

Co

North

—

Jan

34% Mar

Jan

17

Power

American Invest

10

pfd_.

—25

(Un)__

-100

6%

Northern Pacific Railway
Occidental

'45% Mar

51

Jan

Ohio

153% Mar

156%

Feb

Ohio

Oliver

Petroleum

Oil

Edison
Oil

Co
Co—

Co

United

1

Corp

Jan

18

Feb

44

Jan

451/2

Jan
Jan

47

Jan

16 J/4

Jan

20

Mar

14"%

Jan

2.55 Mar
22

Jan

9c

Jan

88c

Mar

161/2
3.00
22

12c

Jan

Jan
Jan

Jan

1.20 Mar

60 Vb

Feb

67%

32 »/2

Jan

36

Jan
Mar

19'

Jan

21 Vs Mar

18%

Feb

201/2

Jan

28%

Feb

33%

Jan

a—

—

7J/4 Mar
18

Jan

a__

—

81/4 Mar
21

Jan

Jan

26% Mar

15%

Jan

17%

19%

Jan

20% Mar

21 J/2

Jan

221/4 Mar

Feb

92

60 ye

30c

Mar

2.65

Jan

8

—

Feb

I61/2

I

—

33.J/2

Jan

46c

Jan

Mar

Feb

4.00 Mar

331/8

Jan

Feb

57

(Un)
Filters

1.65 Mar

31%

371/2

I

_10O

Jan

1

(Un)_.

(Un)

Feb

16% Mar

36 J/2

Mohawk

28% Mar

25

Aviation

Mar

16 »/4

1
*

Corp

Company Co
Central RR (Un)_.

76 »/2

Feb

10

—

105%

34 J/4

30

*—*

——

Jan

15% Mar

P10

Natomas

Oceanic

•

Mines

(Un)

Cons

M

Auto

National

•

American

&

Nash-Kelvlnator

High

"

American Smelting & Refining—
;

&

J

—*

Inc
Lode

Mother

Morrlson-Knudsen Co
-

60%

Western

Util

South

1

*

Montgomery Ward

High

strike this week's report
was not received in time

Co

M

for Week

1

Due

<Un)_.

.

Low

—5

Exchange

Range

Par

Abbott Laboratories

Middle

Mfg

Mindanao

Sales

Last

Sale Price

Jan

-•
—1
_5
—*
•

Meier & Frank Co Inc
Menasco

Week's

18

1.65 Mar

24"% Mar

24% Mar

12.50

Friday

Jan

Feb

—.

58%

Feb

53% Mar

10

San Francisco Stock

Jan

23%

Apr

22

240

8%

Feb

16%

Matson

—_

Jan

20%

(Un)

Lyons-Magnus class B
San

8J/2

-J

Libby

&

Aircraft Corp_,

class

B—

Mar

59

14

Mar

15 y8 Mar

•

40

The Commercial and

(1468)

Financial Chronicle

.

Monday, April 7, 1952

..

OTHER STOCK EXCHANGES
RANGE FOR WEEK

Sales

Range

for Week

of Prices

Shares

Friday

Low

Par
Pabco Products Inc
Pacific

American

Pacific Can

Coast

Pacific

Finance

Pacific Gas

5%

Feb

12%

Jan

Conv prefer-redi-4.48%

5

Jan

Jan

26 %

Jan

5%
26%

33%

Jan

36

Feb

30%

Jan

33%

Feb

28%

Jan

29% Jan

25

Jan

26

25%

Jan

25%

Jan

25

Jan

Public

Mar

52%

Jan

9%

Service

Pacific

Tel

Tel

to

Jan

12%

Feb

22%

Jan

24% Mar

100

109%

Jan

4

1st

20%

112% Mar
26'A Mar

51

pfd

common

Pacific- Western Oil

Corp

Packard

common

Motor

Pan American

Co

(Un)

Jan

4%

10

Mar

Jan

11%

4% Feb

•

WorlR Rlrwaya (Un) JLM

4.32%

—<

Jan

Co (Un)
Phelps Dodge Corp (Un)

was

Phillips Petroleum Co

for

Pig'n Whistle cony prior pfd
Puget Sound Pulp to Timber
Pullman Inc (Un)~Pure Oil Co

Republic Steel Corp (Un)
Reynolds Tobacco class B
Manufacturing

79y2Mar

Feb

88

;;

--32%

Feb

Super Mold Corp

-1
.1

Russ

Ryan

World

Union

Carbide &

27% Mar
63%

34%

Jan

36

Feb
Mar

40% Mar

43%

35 % Mar

Jan

33

Feb

Jan

W'

&

Fine

Foods

United Gas Corp

Santa
Scott

Cruz

Portland

Paper

Utah-Idaho Sugar Co (Un)

Sears Roebuck

to

Shasta Water

Co

Shell

Oil

-Victor

r

Equipment

10% Mar

11%

West

10% Mar

Jan

9%
30

32%

Feb

10c

Jan

Jan

Jan

15c

Jan

52% Mar

54

Feb

50%

Jan

53%

50% Mar
7% Jan

56 Vis

66%

Signal Oil & Gas Cq class

Feb

83

Mar

Mar

107

Mar

88

Sinclair Oil Corp (Un).
Socony-Vacuum Oil (Un)

Jan

47

Jan

40'A

Jan

35

Jan

10 % Mar

42% Jan
IB

Jan

RANGE FOR

STOCKS

Last

Sale Price
Par

Abitibl

&

Power

Preferred

W)

(Un)

(F

Yellow Cab

Co common

$1.50

Paper common.

16

»

Aluminium

•

Ltd
of

25%

25'A

25%

850

a5%

a6

50

17

260

9%

Algoma Steel
Aluminum Co

8,625

17

Acadia-Atlantic Sugar commonClass A

Agnew-Surpass Shoe

16%

a5%

"120

preferred

16

Can

4%

9'A

9%

105

49%

49%

50%

950

104

-—25

pfd

104

107

2,872

a23

a23

10

16

Feb

18%

24%

Jan

25% Mar

5%

Jan

6%

104

Bridge

...

Coal

Dominion

Corsets

6%

Dominion

Foundries

4% %

•

Corp

al6

156

a40

a40

10

•

12%

12%

1,000

100

preferred

Asbestos

al6

60

a85

a85

10

23

23%

2,256

*

common

new

Atlas Steels Ltd

Bathurst

23%

*

Power &

Paper

class A

21%

•

Class B

♦

21%

46

26

22

47%

26

835

300

26

130

35%

35%

10,473

76c

65c

79c

216,807

Brazilian Tract Lgt to Pwr new com_*
British American Bank Note Co
*

10%

10%

11

11,436

14 %

14%

14%

100

British

24'A

21%

25%

Bell

Telephone
Rights

25

American Oil

Brit Colum

4%%

Elec Co

c

*

common

4%

cum

r

Dominion Glass common

100

89

British Columbia Forest Products

•

7

British

*

Columbia

Power

class A

Class B

1%

preferred
Steel to

Telephone

Tar

Building
Bulolo

Gold

Canada

Dredging

Cement

$1.30

•

♦

Forgings

class

Canada Iron Foundries

Northern

Safeway Ltd 4'/2%

5%

Power

31%

33

2,890

7.70

7.75

501

70

Feb
Jan

•
20

5?

55

120

55

66 y8

Jan

29

29

29 y8

165

Jan

18

8,431

Apr
16% Mar

30

16%

19%

Jan

10 »/4

10%

10%

325

10 % Mar

12

Jan

39%

38%

40

645

38'% Mar

45

19%

19%

1,501

719% Mar

20%

Feb

23 y2

Bronze

Canners

Canadian Car & Foundry common
Class A
Canadian

$1.75

Celanese

series

6%

Canadian

Corby

(H)

Distillery class A_,

see page
■ I




245

14 y8

Jan

15

Apr
Feb

10

10

220

10

Apr

10

Apr

530

16%

Jan

18

Mar

1,675

13 y4

Jan

15%, Mar

17%.

Jan

18%

355

Feb

5%

100

22

Feb

Apr

5V2%

10

102

100

preferred

...

6% Mar

8%

Jan

31

Mar

33'A

Jan

a

•

17 y4

Jan

97

Jan

101

Jan

104%

Jan

150

3.45

Apr

4.00

Jan

15

Jan

17% Jan

3.45

3.45

16

15%

16

100

100

298

99

Jan

30%

32 y8

1,255

29

Feb

•

;

—100

Feb
Jan

490

al02%al02V2

common

62 V2

95

Jan

18% Mar
Mar

Feb

100

32 Vs

Apr

Jan

Jan

6

a99

52% Mar
95

32

Ltd

Wares

18

18

100
100

preferred

7%

Feb

Hamilton

32% Mar

34%

Jan

Howard

Jan

9%

Jan

Apr

35%

Feb

8

31%
7.00

8.35

Jan

79

a—

Hudson Bay

Husky Oil & Refining
Imperial Oil

—

'/c

Industrial

10 y4 Mar

10%

Feb

$4.25

89%

89%

Feb

5%

100

Feb

101

Feb

Mar

52% Mar

62%

Jan

140

44 y2 Mar

50

Feb

15%

Feb

24

a42
55%

42

Feb

44

Feb

4,756

55

Mar

64%

Jan

10

Feb

11% Mar

Feb

40%

55

a42
55

11

10%

11

39%

38

40 V2

Canada

of

15,624

36%

5
25
common.*
10O
40

10'/2

10 y4

9%

22

38 V4
a81%
41V2
38%

10V2
22
39
a81%
43
38%

5,380

22

Corp

Acceptance

preferred —I
preferred

U

11

200

—

—

19

19

100

com

39

•

42'/2

32

_L_

Jan

86

14

20%

5

•

conv

$1.60 preferred

Inglis

180

2,155

.1

preferred

Apr

15
20%

__

1,800

Ltd

Imperial Tobacco
4

20%

•

!

Mining & Smelting

15
20V4

•
•
50

common

Jan

21»A

Jan

Paper

Feb

27 3A Mar

...

Bridge

Smith

$2 preferred

*

(John)
6%

Bronze

pfd—

Jan

90

Apr

International Nickel

of

16% Mar

20

Jan

International

25

common

Paper

Canada

36

36

80

36

Mar

42

Jan

International

Petroleum

31

31

40

31

Mar

34

Feb

International

Power

13% Mar

15%

Jan

International

Utilities

16

Mar

17 y2
49 y2

__

/:

'W.

Feb

35 y2

2,285

11%

Jan

Mar

22%

Jan

Jan

39%

Feb

Jan

10

81% Mar

32

Jan

1,125

41 y8 Mar

43

35

Jan

39

Apr
Jan

11

Apr

11%

Jan

19

Apr

20

Jan

280

-

43 y2

43%

«L-

Jan

*

44%

6,219

42%

Jan

48%

Jan

47 y4

48J/2

980

45%

Feb

50%

Feb

-

Jan

38% Mar

com—*

7.50

13%

13%

13%

1,045

al6

al6

al6

150

Co

*

38

35%

39 y4

17,633

24

Jan

39 y4 Mar

>5£;a65
.^.27%

a65
27JA

a65
28%

25

59

Jan

72

5

Ltd

1,294

25

Jan

30

liy2

liy2

...

Corp

39

39

40

1,675

Jan

Jamaica Public

32%

32%

32%

740

32

Feb

35%

Jan

Lake of the Woods common——

al9

al9

100

18% Mar

20%

Jan

6

6

100

6

Feb

65

65

290

64

Mar

70

22

Mar

Feb
Feb

Jan

a21

a21

a21

50

23%

23%

150

6% Mar
26

Jan

Mar

31

Jan

peb

40

7%

38%

37

40

43,233

15%

15%

15%

2,905

1714

17

17 y4

430

*

36

•

*

——9IZ

23
'<

%

Mar

MacMillan

Bloedel

McColl

16

19%

Jan

Mitchell

13 y2

Ltd

S)

conv

priority

Oil

13%

1,615

13

Apr

Mitchell

34

36%

20,704

34

Mar

42%

Feb

Molson Breweries

17

17

155

17

Mar

20

Jan

21

21

190

20

Feb

22

Jaii

12

Jan

Montreal Telegraph

11%

Jan

9%

9%

1,275

9%

9%

125

_•

38

38

50

9% Mar
9.% Mar
38

Mar

39% -Jan

45.
———————

•
•

Montreal Looomotive—

Class

i21%

-r*
*

——

13%

Mar

tV—

•

...

Frontenac
(J

*

.

16

»liy4

-442'%
32
t2l%

*

Ltd class A

;.a22

—*

..40
Morgan:,5% -preferred J.'—-_^-i._100
National

%

*

(Robt) "——
B

.^

—

•

Breweries- common.

33J/2
34
138% 138%
10%
11

'+33 V2
a38%
:&• 11

...*

Export el A
.....

Corp
Massey-Harris

Jan

^liy2

*

(John A)

B

Mailman

18%

"

to

-*

100

Lqng & Sions Ltd

15% Mar
Feb

Service Ltd common..*

preferred

'•

For footnotes
——ffi ILL.

14%

14%

30

_•

Class B

14%

17'"17%

>

,

13 y4

Gair Co preferred
Gatineau Power common

International

__

Crpwn Cork to Seal Co

Jan

31%

25 %

110

*

....

25 y4

Jan

Feb

100 100%

50

Jan

25%

Feb

20 >A

15

2,025

24 y4

1,192

10%:

14

25

90

Jan

475

31%

10 y8

a95

17%

7%

24%

29

9%
•

1,885

alO

Coghlin (B J)

...

Apr

580

24%

10%
24%
31%

vL;.;5

a95

_*

com'

Jan

10 y2

a95

alO

28

Consol Mining & Smelting new
Consolidated- Textile
Consumers Glass

18%

a95

19

•

Cockshutt Farm Equipment

Apr

Mar

1,400

—25

Railway

16

88c

common

•

Vickers

1,225

Apr

Class

Canadian Pacific

16%

65c

Co

20

Locomotive

16

Corp

•

preferred

Canadian

16%

55

21V*

„_25

Canadian Converters class A pfd
Canadian Cottons common

Jan

—.1
Enamel & Heating Products......
*
Famous Players Canadian Corp
•
Electrolux

25

common

13%

14%

21

•

^

$1- series preferred

Mar

13%

a__

20

...

11

*
20

....

*

Ltd

6,429

3

Kootenay Power

*

common

11%

52%

1

90

Jan

11

53

all2

17%

...

11

13%

all2

17 y2

Apr

17%

*

Feb

*

—

Feb

9%

14%

Fraser

Mar

46

21%

Feb

Foundation Co of Canada common..—•

26

a53

Apr

9

Jan

69

46

20%

20%

Jan

765

a52 %

92

Feb

53%

Apr

870

46

Jan

31 y2

26

27

100

Feb

72 y2

39 >A

45% Mar

71

21

8.75

1,402

12 y2 Mar

5%
prefererd
Gypsum Lime & Alabastine

32 y2

650

80

665

Electric Boat Co

General Steel

30

10%

78

100

Eddy Paper Co class A pfd

General Bakeries

200

9.50

78%

35% Mar

69

SO

Jan

24

Mar

East

Jan

30

*

common

Breweries

Canadian

21

Jan

Jan

8ye

Canada Wire to Cable Co Ltd class B_*

Canadian

Feb

_*

pfd

...

Canadian

27

100
100

Corp

preferred

Steamship
preferred

22% Mar

26%

10

common

Canada

5%

Mar

*

B_

Canada

Canada

86

20

preferred.

Canada

Jan

78

8

5

common

13%

83

91

8

Products

12% Mar

Jan

680

Apr
Feb

10%

•

Mar

6%

Jan

9.75

*

78

31%

26%

335

—

89

31

High

Feb

23

5,080

21

common

25

4,175

23%

common—*

60

7

Low

High

*

Red

preferred
Dominion Textile

23

23

Range Shice Jan. 1

Shares

12%

—

Chemical

&

for Week

•

78

6% ?

Mar

a9%

—

89%

a32 a32%

25

Bruck Mills Ltd class B

40 % Mar

20

16% Mar

Jan

Jan

6% Jan

12%

Coal

Dominion

89

6'A

♦

British Columbia

28,669

Jan

5% Mar

20%

,

78

pfd.100

preferred

r

35%

13

39'A

Jan

a9%

Donohue Bros Ltd

Amalgamated Electric Corp
Anglo Canadian Tel Co 4%% pfd
Argus Corp Ltd common

Jan

43%

*

& Steel

Dominion

Feb

Jan

10 %

Jan

com——•

preferred

...——

Dominion Stores Ltd

Jan

40%

Feb

Sales

Week's
Range
of Prices

t

Low

—2
—r-1
*
-28

(Western)

Exploration

Jan

24

10% Jan
5 0% Ma r

Feb

19'A

Last

—

Jan

125 »A

Apr
Mar

23

15% Jan

MARKETS

56%

Feb

Jan
Mar

WEEK ENDED APRIL 4

10 y2

9'A Mar
48%

Feb
Mar

18

Jan

17

Jan

Feb

5%
21

42%
,

—.25

Dominion

High

9

'

8%

1

Preferred

Dome

Low

-—72 c,Mar

35%
•

10

—

Jan

a.—

Westinghouse Elec Corp (Un).. .12%
.1
Willys-Overland Motors (Un)___...
Woolworth

Jan

50% Mar

:::ioo:

—

Feb

r.

Railroad Co com..-.

Western Pac.

Dominion

Range Since Jan. 1

Feb;

13'A Mar

l
Western Air Lines Inc (Un) _r—
Dept Stores common,—. ...25c

Western

Distillers Seagrams

Shares

Mar

4%

Par

High

Jan

275

18 V2

ale Price

for Week

15
116

Feb

63c

1
5

STOCKS

Sales

of Prices

Jan

9% Jan

:

(Un)—.,.
A—,—.
Life Insurance (Un)

Coast

Exchange

Low

Jan

Jan

95

256%

Canadian Fonda

Week's
Range

Jan

,rJ..

Friday

Friday

Feb

4:1%
3%

14% Mar

.

& Co

Weill

CANADIAN LISTED

Montreal Stock

Mar
-

Feb

C?Q

Jan

•

27
21

8% Jan,

128

.

5% Mar

Jan
Jan

3%

Feb

_

9% Mar

24%

5

123

*

(Un)

Jan

■ft Mar

8%. Feb

(R) .common.:.....—100
Wells Fargo Bank to U T_^
—100
Westates Petroleum common (Un).___l

Co

Co.

Jan

33 y2

for publication.

Warner Bros Pictures -(Un)^___—iii5

*

33%

38%

Jan

Co

44% Mar

Feb

4%

Mar

(Un)__50

'Feb

Jan

15% Mar

33

I

63% Jan

V& Mar

•

34

P10

Cement

23

28%

United Paramount

Jan

If

Feb

Feb

30% Feb

Del (Urt)
(Un)
—
Theatr/es com (Uh)_l
U S. Steel Corp.common,

United Corp of

Feb

Inc

27% Mar

"36

not received in time

2%
1
10

100

Safeway Stores Inc...
San Mauricio Mining

was

|

oiassrWcemmott:

32

I

Jan

49 % Mar

Jan

57%

Due: to Western Union
strike this week's report

B
—10

31%

Aeronautical Co

"" Feb

20%

*

Lines-~Xaes^<_

Air

Preferred
S

(Un)

Carbon

1

cum

Jan

1312

16% Feb

Jan

57

54

•

60

Jan

21%

68'A Mar

Feb

2S
.

Mar

43

United

30% Mar

—

Building Co pfd 6%

Trans

Jan

60

18%

♦
10

Oil

Mar

23%

Jan

53% Feb
15%. Mar

Corp • ..—2
Airlines Inc
.-_~__5

Transamerica

-

Jan

37

20'A Jan
49%

-25
.—.50c

(Un)
Incorporated comippn
Convertible preferred

Texas Comnany

Textron

Associated

-,

10

—

Jan

32%

Oil Corp...
Riverside Cement Co class A (Un)

25% Feb
55% Mar

75

42%

62%

Co.

Jan

Mar
Jan.

.xO

Union OH Co of California common—25

Jan

lQVa

Jan

United Can

(Un).

Feb

Feb

•'

61%

•

"33%

77-%

—

United Aircraft Corp-(Un)—;—

23% Jan

Richfield

Roos Bros

Jan

1

;

68% Mar-;1,

■

23
50%

'nT>V

of

40% Mar

(Un)

13% Mar

,

Feb

-2?

OirCo

Feb

Jan

Mar

9%

Feb

Jan

%'

Feb

2d

Jan

61%
32

8

•

common

15% Mar
•12% Jan

37

6% Jan
32%

30%. Jan

Jan

Jan

57% Mar

49% Mar

publication.

Jan

10

79%

25

Radio Corp of America

Rheem

20

Feb

•

•

Preferred

Feb

71% Mar

7.50
_

(Un)

Rayonier Incorp

29% Mar

8%

not received in time

Jan

17%

strike this week's report

Pepsi Cola

29%

_•

Inc

Brands

.

26%

Union

Jan

36%
24%

<

California.

Standard

Standard

T4de-*Water

Western

to

Due

High

Feb

23% Jan

Standard < Oil -Coj (Indiana) f ..—
Standard Oil Co oi ft
——
Studebaker Corp (Un)
.—
Sunray Oil Corp

—

Paramount Pictures dorp (Un)_
Pennsylvania RR Cn (Un)

Low

34%

3W"
25

—

Mar

•

common

Pacific

Range Since Jan. 1

High

Calljtoraau-xEetroleu
8
Southern Co
■-l--*——--J
SouthewvJPacIJic Ccl—;
I
Jfiperry--Corp
;
;
—1
^.Spiegel Inc common -—
-2

«

Pacific, Petroleums LJd

Low

*

Southern

26% Mar
26% Jan

preferred

Pacific Lighting Corp

Shares

1

28

red preferred
red series A

5%

Preferred

11%

8

1st preferred
5 % % 1st preferred

red

Jan

10

common

6%

4.80%

Jan

19%

16

26

<Un)

Corp

Electric

for Week

Southern Calif Edison-Ckr com <Un>—•

17%

Mar

5

Aggregates

to

Par

High

Low

5

Pacific

,

14% Mar

Fisheries

Sales

Range

of Prices

STOCKS
Range Since Jan. 1

High

common.

Co

Week's

Last

Sale Price

Friday

Week's

Last

Sale Price

STOCK8

ENDED APRIL 4

%'

—

451'A

-J:v
f 16%

—

■

t

-

a22
21

a22
21%

335
50

9

Feb

32

Jan

11% Mar
36'A

Jan

Ape

144

Jan

150

10% Mar

13

Jan

75

23% Mar

25

Jan

1,625

20 y2 Mar

26

Jan

16

Mar

17

20

138%

Jan

16

275

11%
43

4.475

11

Mar

13

Jan

6,550

38% Feb

45

y4 Jan

.35

48

33

Feb

40

Mar

32
,22
a22 a22%
16 16'A
51JA 51 y4
98% 98%

530

29

Mar

35

Jan

17%

16
liy8
39%

35
30%
21%

16%

375

21%

25%

Jan

296

23

Mar

25

Jan

370

14.% Mar

17

Jan

Apr

10

50%

50

98%

Jan

•2,087

16 y4

Jan-

Feb

51%

Feb

98''2

Jan

*-20%

Feb

(1469)

CANADIAN LISTED MARKETS
RANGE FOR WEEK

Friday

Friday

Last

Range

Shares

Par

National

Drug & Chemical common__5

Preferred
National

:„i

.

Steel

Niagara

Car

Wire

Ogilvie

:

Powell River

of

Bros

&

Provincial

Watson

2,600

24%

Jan

16

:

United Distillers

Feb

19

Feb

Westeel

70

Jan

Windsor

Feb

55

Jan

Woods

44

Mar

52

660

25

Mar

630

a51

15

44

45%

-

Mining

26

29'

Jan

29 V2

30

1,030

291/2 Mar

32%

Jan

30

3,465

29

Apr

331/2

Jan

Corp

121/4

12%

825

121/4

Apr

14

Mar

Ankeno

&

Power

preferred:

137

17

Feb

19

Jan

Arnora

5,680

16

Jan

20%

Apr

39%

411/4

1,485

37

Jan

46

Feb

Band-Ore

34%

3

21

Mar

105

105

20

104

Mar

41%

Ilio

43

1,670

39

Jan

41%

42%

281

Sheraton, class A

a211/2 a22ya

32

'42%
a21 y2

34% Mar

Breweries

Voting
Simon

trust

(H)

Simpsons

certificates

& Sons 5%

class

Southam

of

19%

_*

preferred..

Barvue

Jan

Base

45

Jan

a—

—

—

.

205

18% Mar

20

al9% al9%

—

25

18% Mar

19%

90 %

Feb

90 %

29

Jan

40

17

Mar

24

Mar

00

a89

a89

5

a37

a37

10

17%

17%

17%

25

25

125

31%

31%

31%

5,040

31 %

31%

31%

13%

13%

_•

3.15

3.10

3.25

13,450

._*

10

10

10%

1,955

•

—

Co

_*

Power

Canada

_»

common

Preferred

5

Jan

a20

al9

3

;

Canada

Co

a

13%

B

Press

Southern

_*

common

Triad Oil Co Ltd
United

Steel

Wabasso

^

____

Corp.

___

Cotton

Wilsils

Winnipeg
5'/

Worts.

Jan

Metals

Electric

preferred

Zeuers

6%

Ltd

00

common

Bob's Lake
Bonville

Bouscadillac
Cambell

Gold

35

Jan

Celta

13% Mar

14%

Jan

Feb

3.25

Apr

Montreal

11%

Feb

Chibougamau

Mines

Royal

Dev

Mining Co Ltd
Gold Mines Ltd

&

Columbia Packers Ltd class A_*

$3

2nd

1

common

1st

preferred

preferred.

&

Canada

Vinegars Ltd

Dominion

Dredge 8s

Canadian

Industries

Ingersol Rand

Ltd

Marconi

Canadian

Silk

6c

Food

Products

Ltd

class

A

Combined

Commercial

8%

Feb

Duvay

Gold

25

Feb

26%

Jan

Duvex

Oils

31%

Jan

32%

Feb

East

Malartic

Sullivan'Mines

25 %

1,565

31%

31%

255

Jan

27%

28

2,450

27%

Feb

30

37

150

36 %

Apr

37% Feb

■

28

28%

2,450

28

Jan

30

Jan

Alcohols

Cortez

Sol

*

Asbestos

Minerals

&

Ltd———

1

tor Week

Shares

Low

1

Ltd..

Mines

1

Ltd—

Mines

Low

281/4

29

11

111/4

7,880

14

14

5

2.00

18%

2.00

500
365

al8%al8%
12%

4,390

105 106%

200

12%

12%

Ltd

28

Mar

Collieres

David

18

19

Jan

11% Mar
105

Mar

15%
113

Mar

Jan

Lake

Feb

Lavalie

51% Feb

Shore

Lingside

Gold

Jan

Macassa Mines Ltd

al2

al2

5

14

Jan

Jan

Macdonald

52

25

50

Jan

57

Mar

25

Jan

26

Mar

35% Mar

43

Jan

Jan

96

Jan

Mclntyre-Porcupine Mines Ltd
Merrill Island Mining Carp Ltd
Mining Corp of Canada Ltd.
Monpas Mines Ltd

11

168

2,150

6

1,575

a24% a24 %

75

9%

7,135

10

100

6

11

3.40
6

Apr

114

12

6.25

Jan

6%

Jan

9%
10

Mines

Jan

New

Jan

New

5%

100

5% Mar

7

Jan

8

500

8

Jan

9

Jan

55

25

1.05

*

35

34%

35%

4,013

33

Mar

12

12

12

75

11

Jan

B

200

33% Mar

275

15

a5%

Power

—

A

Sec Corp Ltd

50

27%

145

88

50

57%

2,551

1,600

„„*

,

class

a5%

27%

Paper Co Ltd

*

235

*

com.

Co Ltd

Paper

Hydro-Electric

400

40

20

(Alfred)

Inc

Canadian

Corp..

Jan
Mar

65c

Mar

Feb

Feb

27

Apr

95% Apr
21% Jan

Mar

Mar

Feb

Power

8s

4.60 Jan
40

Apr

10

Jan

12%

Jan

27%

Jan

30

Feb

10

Jan

13

3.00 Mar

100

12%

Feb

201

Paper

—*

Co

Maritime Teleg and Tel Co Ltd com.. 10
7%

preferred
Mersey Paper Co Ltd—

51%

Feb
Jan

Mica

of

Canada

Minnesota &
Moore

Corp

Ltd

Ontario. Paper

....

20c

20c

Apr

15%

Jan

29c

Jan

20c

13%

common

Paul

Crush

Service

Ltd

Stores

,

13%

73

16

al5

11

a__

89

24%

Apr

see

905

24

Feb

J27

23%

*

8%

23%

V/ 24

•

,

.

3.75:-2t/75




12c

4%c

Apr
Jan

Jan
Mar

15c

Jan

28c

42c

Mar

55c

Jan

6,000
111,750

10 %c Mar

13c

Jan

18c

21c

21c

Feb

17%

17%

150

17% Jan

18%

Jan

8.50

8.60

350

8.00 Jan

9.25

Jan

28c

12

12%

12,500
1,700

12c

13c

7,500

12c

Mar

3c

3%c

1,000

3c

32c

35c

24,600

23c

1.88

1.88

200

11,400

•'

•

12c

25c

11

Jan

1.03

1.42

1.47

79%

81%

450

62c

59c

63c

18,900

15%

15%

100

lie

10 %C

12c

3,000

10c

Jan

Jan

31c

Feb

127/8

Jan

23c

Jan

Jan

3%c

Jan

Jan

39c

Feb

1.88 Mar

1.43

Jan

1.88 Mar
1.50

Feb

67

Jan

81%

Apr

45c

Jan

63c

Feb

15% Mar

17% Jan

Mar

14%c Jan

Jan

92c

Apr

20 %c

80c

2.25

2.30

433,100
1,500

55c

20c

23c

10,600

20c

Feb

26c

Mar

41c

92c
vf..1

92c

41c

500

29c

Feb

41c

Mar

2.25 Mar

Jan

3.10

8c

Jan

Apr

500

5c

53c

53c

56c

8,700

52c

Feb

72c

Jan

23c

21c

23C

21,300

11c

Jan

23c

22,000

21c

Mar

28c

Apr
Jan

8c

8c

22c

27c

4.90

4.95

200

4.95 Mar

5.60

Apr

1.20

1.20

2,200

1.12 Mar

1.30

Jan

Jan

2.45

Apr

Apr
3.00 Feb

2.45

Apr

3.25

Jan

2.30

2.29

2.45

14,900

1.50

2.25

2.25

2.45

4,300

2.25

3.20

3.25

480

1,500
379,850

39c

42c

1

83C

60c

90c

Gold

Ltd

Fields

—1
Quebec Chibougamau Goldfields
1
Quebec Copper Corp Ltd
1
Quebec Smelting & Refining
1
Quebec Yellowknife Gold Mines Ltd—1
Quemont Mining Corp Ltd
•

Gold

Ltd

Mines

Mines

Cons

Silver

Mines

8c

Feb

14c

16c

Jan

34c

1.20

1.15

1.35

14c

14c

4,100
2,000

12c

6c

7c

6,000

21%

21%

200

Trebor

Mines

6c

1.53
20c

4.45

4.25

4.55

5c

21
1.05

175,576

1

1.15

15,700

17C

68c

38C

70c

7%C

2,500

—1

7.00

7.00

7.10

1

3.15

3.05

3.15

45c

56c
1.85

Ltd

—1

14c

13c

16c

Tungsten Corp of Canada Ltd
.—1
United Asbestos Corp Ltd
1
United Lead & Zinc Mines Ltd.——1

52c

43c

73C

4.10

4.10

4.75

84c

80c

91C

59,500
117,800
20,400
38,000

18

19%

Jan
Jan

Mar

Ventures
Waite

Ltd

Amulet

—

Mines

Ltd.—.—

Wendell

,

33,400.
13,300

65C

65c

68c

4.60

4.35

4.60

6,100
6,050

3%C

3%C

6,500

2.30

2.60

600

67C

456,400

1.53
20c

Feb
Jan

Apr

Apr

4.70 Mar

74 %c

Jan

8c

Jan

Jan

30c

Feb

Feb

1.85 Mar
10c

Jan

38 %c Mar
3.05

-

Jan

8.00 Feb
65c

Jan
Jan

2.12

Jan

3.45

19%c Feb
1.12 Jan
4.75 Mar

60c

Jan

92c

14%

Jan

Feb

19%

12

50

75c

9c
25

45c

3.00

2,700

al2% a 12%

Feb
Jan

Feb

6.90 Jan

100

52c

1

Feb

Mar

1.85

18%C Jan

5%c Mar
37c

214,300

1.85

60c

2,100
2,000

—1

Apr
Jan

4.00 Mar

10,500

38C 38 %c

10c

7,900
3,150

7c

1

Ltd

Apr
Mar

100

32,000

1.46

Tache Lake Mines Ltd

90c

30c

18c

Ltd

Mar

alOc

1.50

Steep Rock Iron Mines Ltd
Sullivan

59c

48%c Jan

25c

1

Ltd

Mar

alOc

——1

Mines

Cranium

Fields

Gold

39c

27c

Prime Mines Ltd—

Soma-Duvernay Gold Mines Ltd—.—1
Stadacona Mines (1944) Ltd
*

100
*

.^0

-

21%

-24%

15% ; js%
a

114%
alO

a

1,14%
'^10

100

Jan

1.20-Mar

8%

Apr

92
1.70

Jan

8% Feb-

—

Oil

,

600

150
,

75

3.75 Mar

7% Mar
108

Feb

110
,

53%, Mar

305

21

200

Jan

15%. Mar

47

114 %

60

a—

Apr

—

Oils

Ltd..

•

1.67

1.71

70Q

87c

75c

88C

46,700

Jan

8

Jan

Anaconda Oil Co Ltd

Jan

Anglo-Canadian Oil Co Ltd
...—*
Calgary & Edmonton. Corp Ltd
*
Calmont Oils Ltd
....
1
Calvan. Petroleums Ltd.
•
Canada Southern Oils Ltd..
...1
Canadian Atlantic Oil-.2

22%

Jan

17%, Jan
120
a—

Jan

39 %c

1.70

*
'

111%

55.30 Mar

59c

.*

Petroleums Ltd

Altex

4.25

2.60

Stocks—

Admiral Oils Ltd

Ajax

55.30 55i30

*

page 45.

11c

Feb

3%c Mar

7.70

Jan

Apr
14% Feb
Mar

57c

Jan

80c

30c

Mar

50c

Jan

34V2C Jan

75c

Mar

.<

.

3.20 Feb

4.80 Mar

Mar

4%c Jan

3c

28% Jan

££
For footnotes

11c

Wright Hargreaves Mines Ltd.....—*

570

25

109

pfd.

9,000

Jan

Jan

24%,/25%

5

7%f#%

class B

1,000
31,634

48c

Jan

16
a„

25

109

Co Ltd

25c

31c 36 %c

200

7%

Screw

20c

71c

90

*

Southern Canada Power 6%

21c

31c

1.30

Corp of Can 6% 1st pfd
100
Purity Flour Mills Co Ltd pfd_—40
Russell Industries Ltd
•

Stowell

8,700

72c

Jan

90

Power

Sangamo Co Ltd'.—"——

1,830

26c

3%c

47c

25c

13%

25c

3%c

26c

Pyrite & Copper.—
1
Mineral
Products
1
Western Ashley Minerals Ltd.——1
Western Uranium Cobalt Mines..
1
WestvilJe Mines Ltd
1

Jan

55

1.30

.*

Ltd.

/

Apr
13 % Apr

19%

*

•

Co

a16

15

a

Jan

*1,000

20c

*
-*

3.50 Jan

10

—,

!

Mount Royal Metal Co Ltd—..

Orange

a16

10

—

52

52

52

14

Mar

Feb

100

*

Jan

12c

Weeden

MacLaren

12

Apr

10c

39c

Tobrit

a

4.30 Mar

39%

1.85
60

50

11

.__l

Lowney Co Ltd (Walter M)

17

25

1

...—

Invest

Porcupine

40

International Paints (Cap) Ltd cl A—
Foundation Ltd com...__

Investment

Lambert

Jan

Apr

a__

4.50

Securities Corp

Int Metal Industries Ltd class A

London

18

50

...

1.40 Mar

10c

10c

1

Siscoe

5,143

19

common.

class A

Co Ltd

5%c Jan

Feb

2,000

1

1

Jan

Goodyear Tire & Rubber of Can Ltd.*

48c

Jan

12

Ltd

Mines

Sherritt-Gordon Mines Ltd.

18

Jan

5c

1.00

6.55 Mar

Dredging Ltd

Silver

Apr

95 %

Lakes

Cons Gold

88

350

Feb

19c

1,000
2,800

*

79

Feb

Jan

1

Rix-Athabasca

Jan

Apr

9.20

1

Ltd

Royran

1.55

2.25

1

Jan

40c

—

Feb

8.10 Mar

90c

*

Ltd

Jan

50

,•

50c

Ltd

7

500

Hubbard Felt

Pato

Jan

39%

Mines

28

Jan

Apr

a„

•

Ltd

Feb

5%

Apr

5.30

10% Mar

1

27% Mar

—.—100

red preferred.—

Jan

20 Va

16%cMar

200

;—1

Opemiska Copper Mines
Ontario Pyrites Co Ltd

11

Feb

17

Mar

300

13

1

Oils

&

Mines

Gold

38%

Jan

36

O'Brien

Perchcourt

32

17

12c

23,500

1

Mining Corp Ltd

Penn-Cobalt

67

35

Coal

Mines

Jan

Jan

Dominion Oilcloth & Linoleum Co Ltd.
Woollens & Worsteds

1.30 Jan
12

Mar

Dominion Structural Steel Ltd.

5c

1.40

Jan
Mar

Feb

3.65 Mar

Feb

10% Mar

55

ureat

Nocana

8

1.15

5c

Jan

8c

13

Ltd

Mines

Santiago

Normetal

5%
1.15

26c

1.33

Feb

———

5,100
4,500
8,000

32c

26c

1.40

*

Mines Ltd

Pacific

Feb

*

all% all%

8.25

Jan

24 %c

7.70

Ltd—

Mines

Calumet

Jan

5

2.00
32

Feb

23%

6%

14

1.25 Mar

2.50

2.25

8.15

2.60

1.35

11%

1
•

Jan

10%

Jan

a86

Mar

93/40 Feb

5
1

New Formaque Mines Ltd
New Goldvue Mines Ltd

12%

Feb

8.25

a72

1.80

a86

17c

.1

Montauban

Mar

12

—

Ltd

New

8'% Mar

28

16%

106,625
9,500
2,300

1

Feb
Jan

10

1,916

5.30

1.25 Mar

7.10

Ltd—

Goldfields

Jan

26

24% Mar

20%

4.90

15c 16 %C

34c

Ltd

Mines

20 V2

5.00

19%

3c

Feb

4.90

20

1

18

94

2,000

9c

25c

2,970

65

12c

12c

19

1,269

12c

12%

19

37

12c

3%c Jan
10c
Feb

..1

Ltd

Louvicourt

95

500

Zi

Ltd

Mines

Mines

Jan

25%

5Vac

21c

9%

36%

5Vac

8.50

7% Mar

35

2,500

Ltd. ,_l

49% Mar

19

18c

._1

Ltd

Mines

25

495

Foreign

Gold

105

100

of Can

Jan

17c

18c

1

Kerr-Addison

*

—.

7c

1.70 Mar

11%

..1

Ltd

Labrador Mining & Explor Co
Ladulama Gold Mines Ltd

260

Co

Ltd

Kayrand Min Devel Co
Kenmayo Yukon Mines

Feb

64

Ford" Motor

Apr

7.70

—1

Jan

3.25

pfd—100

Jan

5%c

.

1.25

.5

Ltd..:

Mines

Apr

2.00

3.25

7%

Mar

8c

1.25

1

13%

*

Power

Jan

19c

Feb

11 y8

-1

14

Jan

27%

Kootenay
Fleet Mfg Ltd

Mines Ltd

Gold Mines Ltd

Apr

26

East

28c

Mar

6c

*

Mines Ltd

7%

Engineering Works Ltd

Donnacona

Gol I

Cons

Lake

Jan

2.00

56

Dominion

Jan

13c

7,150

*

14

50

class

15c

4.0Q0

c

*

——....

10%

100

Limitee

Frere

&

Dominion

3,000

16c

26,500
1,000

*

Ltd

Mines

Ltd

Joliet-Quebec Mines
Feb

500

L)

4.05 Mar

High
31%

30

Paper Corp Ltd—

<R

Gold

a49% a49%

Div Stand Sec class A_*
Consolidated Lithograph Mfg Co Ltd..*

Crain

4%.c Jan

Jan

1
*

Yellowknife

Jaculet

Range Since Jan, 1

High
75

-

Consolidated

Consolidated

Jan

3.60

1

Ltd

Glacier

Holiinger
Jack

al4

common

Jan

2Vac

1

Mines Limited

Hudson-Rand

Sales

1.75

;

2.02

25

3,400

5.30

Ltd—

Mines

Gold

Emerald

.1
1

Ltd.

Mines

Eldona Gold
El

.1

Ltd
Ltd

Explorations

Cournor Mining Co

Hillcrest

30

Ltd

224,650

a4c
4.05

18c 18 %c

1

Ltd

Mines

Heva Gold Mines Ltd..

al4

preferred

4.70

a4c
3.85

Mar

21

1.75

common

Apr

3.95

3.85

Mar

Jan

20%

"

Enterprises

4.70

4.50

2.60 Apr

Mar

20 %

345

20%

100

Preierred

Jan

Apr

600

Jan

Advert Ltd cl B_*

Claude Neon General

8c
2.70

3,500

10c

28

1

Catelli

Mar

7c
2.70

Min & Metals Corp_2.50

Rochette

New Louvre

common

5c

6c

2.60

20c

Jan

♦

Cassidy's Limited

Jan

58c

27

*

*

5c

Jan

35

11

Canadian Western Lumber Co—

Jan
Feb

3 Vic Mar

6%c Feb

a27 % a28 %

95

A

2,500

36%c Feb

Apr

36%

;

Products class

4c

21c

21,000

16 %

.1

Canadian. Salt Co Ltd

4c

Mar

,20c

33,900

Jan

Ltd

Company

500

9c

13%

Canadian Internat Inv Trust Ltd cornCanadian

20c

56c

2,130

25%

common

Co

20c

11 %c

8c

16%

15%

Dock Co Ltd

Canadian

5%cMar

17c 17%c

Mar

General Investments Ltd

Canadian

11,500

50c

98

*

——:

Canadian

6c

1

Ltd—

Mines

Oro

52

•

5%c

17c

Feb

__

Co Ltd

Feb

6c

Jan

52c

97%

.

Lebel

7%

Sugar

23c

1

5

Butterfly Hosiery Co Ltd.
Canada

Jan

1.40 Mar

a98% a98%

106%

;

17c

1,500

Cons

of Prices

a

10,300

31,500

Jan

<1

Company

convertible

21c

1.70

40

U

$5

20c

5y2c

Jan

-

British

Jan

20c

1.55

37%

•

Brown

64c

5%c

445

Par

:

Mar

1.55

39%

Last

Ltd--—.

45c

5%c

Cons Que Gold

Sale Price

Bickle-Seagrave

54c

..—_1

Jan

Week's
Range

14

50c

——_1

Explorers Ltd
Candego Mines

19%

Friday

—20

Jan

50c

6 %

17% Mar

28%

1—5

Mar

6.60

15c

200

Canadian Funds

pfd

5c

41c

5.60 Mar

6 %c

Cons

Montreal Curb Market

5%

3%c Jan
31 %c Feb

1,100
12,500

4c

Falconbridge Nickel Mines Ltd
Frobisher Exploration
—:

Ltd

10,100

46,750

16c

Consol Central Cadillac Mines Ltd

Giant

Stores

5c
38c

6%C

Consolidated

38%

Belgium

Jan

1

Jan

al8

Anglo-Can Pulp 8s Paper Mills Ltd
Anglo Nlfd Development Co

3.05 Jan

29c

5.85

*

Jan

7.90

36%

STOCKS

2.48 Mar

5,400

56%c Jan

—1

Jan

31%

.10

.,

2.85

70c Feb
3.75 Jan

Apr
Apr

34c

1

Ltd..

9.80

al7

28

5c

*

;

Gold

19

16% Mar
44

1,155

10

;

2.66

Mar

2.95 Mar

5.80

38c

1

51%

ai7

25

.10

...

15c

1

Feb

17

.10

Scotia

%Jova

21,600

;

Cheskirk Mines Ltd

Mar

2,150

.20%

10

15c 17 %c

16c

Asbestos Corporation Limited.*

Dominion

Imperial

Mar

2.66

Century Mining Corp Ltd

Dome

Commerce

Feb

41

51c

.1

Mines

130

25

22

Apr.

33c

Mines Ltd

Chibougamau

624

2.40

Feb

39

12,000

1

Casslar

10

Jan

21

75

41,800
24,200

Mines Ltd

Gold

Cartier-Malartic

47

.10

....

22 % Mar

20%

240

Feb
Mar

Ranks—

Canadienne

12% Mar

39

34c

—

Carnegie Mines Ltd

8.90

a28

125

Jan
Mar

Feb.

57c

1

Mines Ltd—

Jan

46

25

a21% a22%
21%
21%

Mar

3.35

Gold Mines Ltd—

Jan

8.25

16%

preferred

12

33c

,—1

Feb

a

"

—'

25

575

55c

Corp

Jan

38%

._*

common

25

12%

3.20

Ltd
*
Belle Chibougamau Mines Ltd—__—_1
Mining

18

8.90

...

26

26

12

39

1

26

.

—

—1

35%

46%

Ltd

a22%

Jan

41%

34c

Ltd

Mines

Gold

31V* Apr
31% Mar

485

al7

Leaseholds

Ltd

w'

...

Gooderham &

38% Mar

1
—1

Corp.

East

Walker

Western

25% Feb

10

55c

Mines Ltd

Centremaque
Thrift Stores Ltd.

Jan

955

3.30

Barvallee Mines Ltd

471/4

41% Mar

Mining

Sulphur

Feb

110

Bobjo

Sicks'

20%

23%

1

Ascot Metals Corp Ltd

34%

.

Mar

20c

*

20%

com.

Apr

21

Feb

-•

—

18

.100

—

31%

16c

26
12

•

;

Ltd

Mines

40

common

.

*

Anacon Lead Mines Ltd:

20

preferred
Shawinigan Water

High

Jan

16% Mar

a38% a38%

—*

American Yellowknife

29

al7 al7%

23%

17c

28%

Jan. 1

Stocks—

251/4

al7

17c

—•

Ltd—„.

Hotel

30

common

1,065
5,000

Manufacturing Co Ltd——*

£9%

new com

Ltd

100

18

Low

Jan

67%

44 y2

& Co Ltd
Products Ltd

50

31%

17%

*

Canada Ltd

of

31%

17%

Range Since

High

—*

(Jack)

64% Mar

25

66 %

__

of Canada Ltd

Corporation class B

730

al6y2 al6y2
a51

7%

Steel

Apr

26 y2

Canada

4%

261/4

26

St Lawrence Flour Mills common__

A

United

Mar

Royalite Oil Co Ltd

Series

Union Gas

Feb

Jan

78

Transport

Lawrence

Jan

85

32

Quebec Power

St

33%

30

1,316

Shares

31%

Trans Mountain Oil Pipe Line
__..*
Transvision-Television (Can) Ltd.
•

11%!, Jan
291/4 Jan

79 y4

for Week

Low

class A ——*

Traders Finance Corp

Feb

10 % Mar

26%

78

;

Co

235

a32%a32%

_

Company

Corp

price

50

28

26

Development

Power

all

Jan

8'/2

Jan

Sales

Range
of Prices

Par

High

•

78 y2

common.

Ontario Steel Products

common

7%

250

27

a32%

Page-Hersey Tubes
Penmans

Low

all
—-

•

Mills

a8%

5

Weaving

Flour

a8%

*

Range Since Jan. 1

High

a8%

•

j

_

horanda Mines Ltd

Placer

Low

STOCKS

Week's

Last

Sale Price

for Week

of Prices

STOCKS

,

ENDED APRIL 4

Sales

Sale Price

4

Week's

—

ir.

20c

20C

9.00

9.10

15%r

17

500

1.90

1.90

2.00

7.70

6.85

8.40

4,925
1,055.
1,300.
26,775

12

143/4

2,650

7.73

7.75

100

9.00

13%

1.55

35c

Jan

Mar

1.60, Feb
75c
14c

Apr
Jan

8.45 Jan

13% Jan
1.98 Jan
5.25 Jan
8.25

Jan.

6.00 Jan

2.60 Apr

67c
1.71

Apr
Apr

88c

Apr

21c

Mar

9.90

19

Jan
Jan

2.45 Jan
8.40

Apr

14% Apr
7.75

Apr

41

42

The Commercial and Financial Chronicle

(1470)

.

.

Monday, April 7, 1952

.

CANADIAN LISTED MARKETS
RANGE

Friday

Week's

Last

Range
of Prices

Shares

Par

Petrol

Devonian

Canadian

WEEK ENDED APRIL 4

for Week

Sale Price

STOCKS

y'

FOR

Sales

Low

Friday

Low

High

—1.45

1.45

100

1.45

High

Apr

1.45

Explorers
Leduc

Columbia Power

*

11%

11

12

21,100

5.25

Jan

*

3.95

3.75

4.10

19,600

2.70

Feb

4.10

Apr

Broulan

—1

1.69

1.64

1.75

18,700

1.64

Apr

1.75

Apr

Buffadison

1

1.55

1.42

1.63

127,900

41c

40c

45c

60,700

Ltd—.
Ltd

Oils

Consolidated
Consolidated

.

Allenbee
Cordasun

•

Oils

Ltd

1.09

12

Jan

Apr

Del

Ltd

Producers Ltd

Rio

Devon-Leduc

__i

1.63

Gaspe Oil Ventures Ltd—
Harmon Oils & Minerals

Jet

Pacalta

.-1

4.00

2.75

Feb

3.50 Mar

Calmont Oils

1

1.90

2.63

Feb

1_90

2.10

3.50

Apr

57,180

Calnorth

*

94c

86c

1.05

Apr

74,125

Calvan

1

7.75

6.90

8.40

167,183

1

6.25

6.10

6.50

11,970

Calgary

60c

Feb

Caliiman

2.55

50,900

1.15

Jan

2.55

20c

87,200

11 Vic

Jan

20c

4.10

3.80

4.25

45,400

3.55

Jan

*

6c

5%c

6c

22,500

5c

11%

14%

9.85

2.80

8,900

3.50

1

Ltd

1.15

__

Warrants

1-35

—

Ltd

*

Ltd

•

Oils—

1.25

1.25

1.30

2.60

2.70

6,100

2.75

2.75

360

1.25

70

70

71

Apr

215

Canada

Crushed

6%

6%

645

20%

203/4

21

1,665

71 %

71%

10

46

453/8

46

290

93/4

93/4

100

1.35

Apr

49,700
18,607

4,500

1.30

1.80 Mar

77c

Jan

•

1.05

1.04

1.05

33,450

2.48

2.85

52,474

1.70

Apr

Oils

Atlantic

Canadian

Bank

Canadian

Friday
STOCKS

Exchange

Car

Range

$1.50

Paper

Shares

High

16

16%

6,226

16

Feb

18%

20

25%

,v:25%

25%

I,010

25

Jan

17%

170

16%

Jan

18% Mar

6%

825

5%

Jan

*

—

17

5%

Preferred

■

6.50

Aor

2.70

Apr

2.60
2.75
70

5%

Apr

Apr

Jan

Jan

7

Mar

19

Jan

21% Mar

68%

Feb

75

45 % Mar

9%

Apr

32

Mar

26

Feb

8.35 Mar
51

Mar

44

Mar

84

Jan

90

8.25

83,924

25

25%

1,565

60

•

6.00

Jan

17%

17 %

1,392

16% Mar

20

Jan

31%

930

30

Mar

34

Feb

14

160

13

Mar

16

Jan

15% Apr
38% Mar

49

Jan

32%

35%

Jan

153/4

16

455

39

39

41

I,678

31%

313/4

33

355

*

Pete

153/4

*

1.45

1.40

1.47

28,000

51

51

53

375

3.50

3.65

Feb

1.40 Mar

49%

Jan

Products

common

A

6%

Jan

Locomotive

Canadian

Feb

rH'

770

*

Oils

5

220

52

10

23 %

23%

245

23%

*

Cos

Railway

17,900

28%

675

953/4

40

40

41,810

55c

28%

100

Pacific

60c

263/4
953/4

•

common

preferred

Canadian

5
52

__*

Canadian Malartic

5%

•

100

3.50

Apr

25

38%

37

31

50c

Feb

60c

24%

Jan

29

Feb

Canadian

Salt

Co

23c

Jan

Canadian

Tire

Corp pfd

Jan

Admiral

40c

•

Apr

Canadian Vickers

59c

39c

73c

886,660

33c

Mar

73c

Apr

Canadian

13

100

10%

Jan

Canadian

Minerals

•

5.60

5.00

5.80

57,810

1.85

Feb

Canadian Wirebound class A

*

30%

30%

30%

55

1.45

1.25

1.60

2,400

1.10

Jan

Albermont
Alberta

1

Aluminium Ltd

23c

1.45

9% Mar
1.42

22,290

23c

2.65

2.80

60c

57c

60c

35,220
8,550

49%

Mar

20c

51

1,021

Apr

Petroleums

Jan

125%

2,249

104

Apr

23

23%

235

23

Mar

21c

7,550

16c

Mar

74c

73c

80c

70,225

68c

Mar

«

85c

85c

86c

American Yellowknife

6,200

78c

55c

52c

58c

Anacon

153,360

46c

Mar

*

3.25

3.20

24

21c
1.12

Jan

1

Lead

3.35

•'

Apr

56%

18c

__

Apr

Mar

48

•

Nepheline

2.80

Jan

21c

25
Ltd

23c
11

65c

1

Canada pfd

Larder

1.45 Mar

Mar

2.65

50 Vic Mar

104 106%

104

Feb

99c

500

2.70

•

of

Leduc

American

1.35

*

Amalgamated

50

183,395

*

Ltd

Steel

Aluminum Co

9Vi
1.73

1

Petroleums

American

1.40
__

Pacific Cons

Algoma

9%
1.60

1.10
70c

Feb
Jan

Apr
Jan

Feb
Feb

1

30c

28c

31c

Anglo-Canadian Oil

10,200
144,700

«

9.00

8.90

9.20

Anglo-Huronian

36,370

•

11%

11s/4

Anglo

7,100

1

20c

17c

20c

6,100

16c

Mar

33c

Jan

1

34c

31c

36c

26,038

30c

Mar

62Vic

Jan

Anchor

Petroleums

__

Rouyn

Mines

Ankeno Mines
Anson

Apex

Petroleums

Cons

Aquarius
Area

Ltd

Arjon

common

Asher

Atlas

93c

112,730

51c

Jan

99c

Mar

11c

74,850

7Vic

Jan

12c

Jan

25c

44,100

10 %c

Feb

25c

Apr

37C

II,000

26c

Jan

50c

Feb

22c

17c

33%c

33%c

12

Mines

12c

14c

610

15,250

12

Apr

14

1.85

1.75

2.05

189,175

gVic

9%c

10c

10,500

8c

Feb

*

__

16% Mar

13c

22

21 Vi

22

3,025

21%

Feb

23%

i4e

i4c

1,000

12c

Jan

17c

1

Mines

1

.

1.46

2.05

Mines

;

1

Aunor

Auto

1

Apr
Feb

Jan
Mar

Gold

1

Electric

Auto

Fabric

Bagamac

class

A—

class A

of

of

Nova

Bank

of

Base

Bob jo

Ltd

7

Apr

7% Mar

6

6

507

6

Jan

6%

Jan

Mar

17Vic

6c

Feb

9%c

Apr
Apr

3,120

27%

Feb

30

Jan

37

675

36%

Apr

38%

37%

Feb

38 Vi

38% Mar

41

Jan

38'A

215

1.08

1.05

1.13

40,75o

6.10

5.75

6.10

18,990

1.12

1.10

1.12

7,100

52c

48 Vic

52c

42,700

65c

Jan

46

46

30

46

Mar

54

Jan

26

26

100

26

Mar

32

Jan

41c

Mar

52c

Feb

7

Mar

__

90c

Feb

80c

44c

50c

34,412

7%

7%

734

675

35%

35%

12,077

35% Mar

75c

80c

213,094

21c

24c

31,800

75c
Apr
20Vic Mar

35%
21 %c
__

Boy mar

600

37c

63,100

70c

29,554

70c

Jan

2lc

•
1

common

Britalta Petroleums Ltd
British American Oil

common

British

Columbia Electric pfd
4%%
preferred
British Columbia Forest
Products
British Columbia Packers
class aL
B

6 Vic

79,100

19c

26c

221,567

4c

4,000

page 45.




52c

Feb

Jan

Jan

3.80

4.20

151,100

Leduc

Central

Patricia

Oil

*

Gold

Mines

Porcupine
Centremaque Gold
Charter

Apr

4.20

Apr

1

70c

64c

70c

10,353

62c

Feb

72c

Jan

23 %C

18 %C

28c

97,300

16c

Feb

28c

Mar

1

-

16c

15c

17c

7,500

12c

Feb

1.90

19 %c Mar

2.03

90,050

common

*

6%

6%

200

6

Mar

*

10%

10 %

200

9

Feb

1-22

1.20

1.28

5,600

5%c

5c

5%C

14,600

5c

Mar

7c

Jan

28c

Jan

50c

Feb

-

Research

Cheskirk

Jan

Jan

Apr

12

Wines

Steel

Chateau-Gai
Chemical

2.60

4.15

3.75

Jan

*

;

Oils

Chatco

3.90

Feb

1.60

1

Central

50c

Mines

Chesterville

1

Mines

Chibougamau

1

Explorers

■

31c

1

Chromium

1.55

1

Ltd

Chimo Gold

16c

*

Citra-Lartic

Mines

Ltd

1

1.50

30c

34c

12,900

1.55

1.70

19,900

16c I6V2C

5,500

6.70
10c

650

7.00

10c

lie

1.20

1.13

Feb

Jan

1.40 Mar

15c

Jan

6.65 Mar

10.050

10c

Feb

70c

Mar

2.03

Apr
Feb

8

10%

Apr

1.35 Feb

1.68 Mar

18c

Jan

8.20

Jan

13 %c

Jan

1.85

Jan

•

Cobalt

Lode

Silver

Mines

1

70c

70c

75c

Cochenour Willans

1

1.56

1.53

1.65

15,775
16,950

Cochrane-Dunlop

*

12

12

50

12

Mar

15

Feb

125

15

Apr

19

Feo

940

16

Feb

19%

Jan

11c

Feb

16c

Apr

common

A

*

15

15

16%

•

Lake

17

17

17%

1

Copper

1

Colomac Yellowknife

...

1.45

Jan

Jan

1.65

16c

14c

16C

2,500

1.75

1.50

1.86

99,400

1.05

Feb

1.86

Apr

4c

4c

1,000

3%c

Jan

7c

Jan

Commonwealth

4.20

1.050

1

,

*

4.05

Feb

4.30

Jan

Conduits

National

*

12%

13

175

11%

Jan

13%

Feb

Coniagas

Mines

5

1.55

1.60

200

1.43

Jan

1.64

Feb

Coniaurum

Petroleum

*

75 %C

65c

79c

II,615

1

1.70

1.43

1.75

215,170

1

Mines

20c

18c

22c

27,400

7VB

285

8c

8c

1,000

1.40

1.60

58,825

Consolidated

Allenbee

Consolidated

Astoria

Consolidated

Bakeries

*

63/4

Consolidated

Central

Consolidated

Oil

Cadillac

Cordasun

Consolidated

Lebel

1

1

1.50

1

Oils

Howey

Consolidated

6%

58c

70,080

19c

164,800

34

37

7,929

34

Consolidated

Nicholson

*

16c

18c

4,798

13c

Consolidated

Press

Consolidated

Rochette

Consumers Gas
Con west

Corby

class

A

1

Dist

Croinor

3.75

3.90

11,155

10

1,275

16,100

27c

Feb

45c

Jan

26,700

9%c

Jan

18c

5%
16c

Jan

Apr
Mar

12% Mar

Mines

Apr

58c

Apr

20c

Mar

42%

Feb

20c' Mar
6%

Jan

26c

Feb

14%

Feb

4.00

Jan

9%

31

28%

31

130

12c

12c

1,825

15c

15c

700

11c

Jan

15c

34c

35c

9,500

32c

Feb

37c

113% 113%

10

113%

Apr

116.'

Jan

7%c

1

35c

100

Patricia

Feb

Feb

1.60

9%

1

3.50

Feb

10%c Mar

3.90

1

Trust

Crowshore

3,985

Jan

Apr

7%

*

Pershing

Crown

35,500

Jan

Mar

Apr

1.75

27c

•

voting

Mining

Crestaurum

100

19c

13%

5%
18c

33c

8%c

Jan

79c

•

Imperial Mills

Cournor

5%

16c

13%

*

—10

—

Exploration

(H)

Cosmos

9% Mar
26

9c

12

Jan

Jan

;

31

Jan

12c

Apr
Jan

Feb
,

Jan

1

25c

18c

25c

286,500

Jan

25c

Apr

D'Aragon Mines

1

13c

11c 13% c

14,500

11c

Mar

17c

Jan

Davies

*

48c

46c

51c

46,000

44c

Feb

53/4

53/4

50

.

Petroleum

*
*

42c

40c

46c

532,100

1

1.46

1.38

1.50

10,500

1

3.10

4%c Jan

Apr

1.00

51c

Delnite

Apr

Jan

15 %c

Decalta

4%c Feb

7c

36

Mines

Feb

Apr

17c

Oro

Feb

Jan

6%

51c

Feb

6%c

1.32

*

Apr

26c

56c

14c

1

1.15

Jan

3.60

Consolidated Mining & Smelting

1.14

Jan

Oils

Ltd

Mines

4% Mar
34c
1.03

70c ^ Jan

7%

Feb

46c

Jan

1.50

Jan
Mar

Apr

Jan

31c

40c

12c

13c

g.10

6.10

6.20

1,234

10%

11

13,425

15c

20c

85,700

7

7

7

100

1

6.90

6.60

9.15

41,022

100

Jan

15c

3"ic

24 %

213/4

26

45,325

78

80

40

89

87

89

208

100

Jan

2.17
5.20

Mar

3%c

1034

5.80
10 %

Feb

6.30 Mar

Del

Rio

Detta

Producers

Ltd

Minerals

Discovery

Yellowknife

Jan

Dome

Feb

Dome

Jan

Dominion

Bank

9.85 Mar

Dominion

Electrohome

Dominion

Foundry

20 %

Apr

10

Feb

26

Apr

77

Mar

80

Apr

87

Mar

Ltd

Ltd

&

Steel

2.00

Jan
Feb
Jan

3.45
25c
3.10

Apr
' Apr

Apr

23

1

10%

9.10

ny8

9,335

8.80

Jan

11%

19%

19

20%

9,906

16%

Jan

20%

Apr

28

28

28%

670

28

Feb

30

Jan

3.00

3.00

100

2.80 Mar

2,006

12% Mar

91

Jan

7%

6%

Dominion

7%

2,585

6% Mar

8

Jan

18 Vi

19

945

18% Mar

20

Jan

15

15

725

Dominion Malting preferred
Dominion Scottish Inv preferred

13

19

Feb

Magnesium

&

Coal

23%

4,275

12%

13

98

12%

100

18 Vi

Steel

87,800

1.87
10c

23

common—*

Preferred

Dominion

50% C 543/4C

200,100

54C

*

•

Mar

290,000

,

10

13%
20 %c

Mar

25c

3.10

*

Feb

7

156,765

17c
2.20

1

Seagrams
Exploration (Western)

14 %c Mar

6.60

3.45

21c
2.97

2

Distillers

Mines

2.90

1

25c

Devon-Leduc Oils

•

•

see

4%c
3 %c

I5%c

*

Feb

90c

40c

,

«

Lake

Jan

39%

Feb

1.03

6%c

3.50

8,900

Davis Leather class B

1.14

*

ordinary

9%

Feb

92c

X

Mines

For footnotes

39c

95c

1

Traction

39c

1.05

1

Brazilian

f

x.00

1

1

Bralorne

,

Jan

1.15 Mar

41 Vic Mar

1

Gold

6.65

Jan

l

Mines

1.15 Mar

5.50 Mar

46c

78c

Mines

Red

14c

28

—__i

Kirkland

(T G)

9,000
18,500

36%

1

_

Gold

Rrewis

Jan

9%c

8c

25

River

Bright

Jan

3.20

16c 17Vic

1

Bordulac

Class

50

24c

Feb

*

Bellekeno Mines

Bonville

7

2.86

27%

.__*

Telephone
Rights

Yukon

7

♦

U—

Bell

Bidgood

1,283

27%

•

—

____

Beatty Bros

Bibis

3.10

•

__

Mining

B

Bevcourt

3.00

1

:

Beattie-Duquesne Mines

Berens

3.00

36 Vi

10

Ltd

Bathurst Power class A
Class

Jan

10

—

Ltd

Co

Metals

10%c

Mar

14c

1

Mines

Barymin

Feb

Mar

17c

10

Scotia

Mines

Barvue

31c

8c

11,100

1

Toronto

Barnat

Jan

24,200

2lc

1

Montreal

Bank

97

10c

«

Consolidated

Bank

24c

igc

*

Mines

Bankfield

20c

__

13,225
14,050

12

6.50 Mar
35

Jan

8 Vic

\

__

9Vic

4.05

Cockshutt Farm Equip

__

Aubelle

Aumaque

Jan

3.75

Jan

18% Mar

Jan

Jan

Apr

11

Coldstream

225

15%

2.05

30% Mar

3.80

Coin

17'A

13

3.40

Central

Jan

Apr
Jan

3.85

.

6%
18%
18"%

3.55

Jan

16 Vi

Jan
Mar

113/4

Jan

17%

_1?
—•

5%
18

15 % Mar

1

12c

3.10

2,480

1

14Vic

2.48 Mar

Ltd--.

Explorers

Apr

60,225

1

(1937)

Asbestos Corp

115

15%

Central

Jan

7,050

2.85

10

B

Cassiar

,

375

6%

18%

15%
13

*

:i__

6

18 y8

15%

Castle Trethewey

8c

9c

2.63

♦

class

Williston

11c

8c

2.67

__

Wallpaper class B

Cariboo Gold

Class

12%

1

Yellowknife

Atlin-Ruffner

12

13C

rl
Corp

Hardware

Steels

Atlas

88c

1

Oil Co Ltd:

Athona

12% Mar

10'Ac

•
_

Metals

Jan

11%

Jan

90c

1

Armistice

Ashdown

Jan
Mar

9.60

10Vic

1

Gold

Ascot

3.75
33c

Jan

•

Porcupine

Corp

Jan

8.35

•

Resources

Mines

Argus

2.95Mar
20c

£

///#/

*

Jan

Apr

Mar

*

Mar
,

Jan

12c

___20

n

Jan

40

Feb

17c

Ltd

/

32%

6,825

101

Jan

Ja

Mar

98%

158,000

97 Vi Mar

6%

95% Mar

99

15

4.00

Feb

40c

J

57% Mar

21

' 21c

Knife

1.50 Mar

58

98

warrants

17%, Jan

5
Apr
51% Mar

27c

Yellow

Feb

13%

18Vic

B

92

30%

98

Class

Apr

17%

38c

Ak«icho

14%

58
Feb
49% Jan

31%

18 Vic

__

Jan
Jan

•

Apr

•

1.69

30%

Jan

1

•

Jan

35

49

8.25

100

*

Jan

26%

Acme Gas & Oil

Agnew-Surpass
Ajax
Petroleums

Feb

11

24% Mar

Acadia-Uranium
Oils

Jan

50%

13%

•

Devonian

Food

:

90

Jan

79

15

6.70

3.40

Feb

Mar

67

20

Canadian

25% Mar

17

5%

preferred

.Common

Jan

52%

25

common

—

Preferred

Low

16

Acadia-Atlantic class A

Apr

4.20

46%

90

Jan

8.40

52

25

Jan

2,48

Jan

46

7.30

43c

5.45

52%

*

Jan

,—*

Dredge

Class

Range Since Jan. 1

High

common.*

new

50,460

Apr
Jan

19

1.53

45% M'ar

14%

,14c.
16%

•

Cclanese

Canadian

for Week

of Prices

Low

113/4

iJan

Sales

Last

Sale Ptice
Par

110

9%c Feb
22%' Jan
50

Jan

46%

•

A

Canadian

Week's

70

27%

45%

2

Commerce

common

preferred

Canadian

32%

10

.

Oils

of

Breweries

Canadian

Funds

14

32%

27%
45%

Mar

1.55 .Jan
51c

*

Canners

Class

27%

1

j.

Canada Wire & Cable class B
Canadian

$1

32%

20

25c

50

Canadian

Canadian

*

Southern

Canadian

Toronto Stock

A

Mortgage

S S Lines common

Apr

1.78

0

*

Apr

2.85

*

Preferred

1.05 Mar

Feb

class

-10

——

Canada

Jan

Apr
2.48 Apr

1.00 Mar

2.70

Packers

10

,

Canada

6.65

10c

1.72

*

Class B
Canada Permanent

Apr

98c

Jan

4.65

Canada

2-40 Mar

84c

16,300

Apr

18 Vic Mar

Feb

2.48

1.78

Apr

Jan

6.65

1.70

Stone

Canada Malting —t—.—
Canada Northern Power

77c

1.72

Cut

4.40 Mar

2.30

22,600

2.75

4.35

6.60

26c 27 %c

2.70

Assurance

79c

Jaq

*

Jan

1.25

Jan

13%

*

Jan

1.35

27c

16%

9,470

1

&

Jan

70

17%

Cement

common

7c

Apr
Mar

16%

Canada

Foundry

6.60

*

Chibougamau

Jan.
.«•

15%

Canada Bread common

Life

1

Petroleums

Campbell

Lake

Iron

•

Ltd

Red

Canada

Ltd

Ltd

Gas—

Canada

Ltd

—

&

1.95 Mar

Oils

*

Oil

3.00 Mar

Oils

Oils Ltd

1

Mar

10c

13,500

Cons

10 %C

8c

16%

15%

Jan

1.25 Mar

38,100

Fion

Oils

Jan

93c

23,500

2.40

Flin

13%c

•

Apr

7c

Mar

1.65

500

18c

2.25

2.30

*

1.35

16 %c

17c

96c

2nd pfd
Edmonton

Campbell

Feb

4.50

Jan

*

Mar

Linen

14%

Jan

14

2,000

&

28,000

S00

4.30

Power

14c

5,600

4.35

Abitlbl

8%. Jan

3.50

—1

Oils

32Va*Jan

Feb

3.50

4.20

Co

Feb

7%

3.10

4.10

Oil

24%

25

*

Apr

17c

Ltd

Homestead

905

8

3.50

4.25

—n

28

3.50

•

Wilrich

27%

3.50

•

Westburne

40

8

1

Caldwell

2.75

Jan

42c

Sapphire Petroleums Ltd

Empire

20

5

58,600

Selburn

American

135

60c

3,000

United

6,500

40

47c

57c

1.80

Trans

8c

20%

Jan

Apr

&

Apr

40

*

17%

Feb

>4

27%

—

Calder Bousquet
1.96

40 c

20

—

85c

Jan

Feb

IOV4C: Feb

8c

;

class A

1.39,Mai;
27c*

40

14,400

Class B

Burrard

Jan

'Mar

20

0

Class" A--—-.—

2.75

47 Vic

1.60

Tor

Jan

2.45

14% Mar
-

1.73

Grass

25c

7,334

1

Sweet

16,200

180,200

2.40

Ltd—

Petroleums

40c

85c

Feb

3.25 Apr

19c

Petroleums Corp

Oils

33c

16%

83c

8,335

Brazeau

Jan

40c

70c

4.35

Jan

2.40

Oil Co Ltd

n.»rior

Jan

5%c

leu

17c

Mar

18c

41,000

600

2.97

J

92c

33,500

9c

4,000

2.75

South

9,305

28c

3.25

*

Ltd

Oil Company

1.39

Jan

7%
1.50

...

Jan

22c

4.25

2.40

8%c

1.15

3.25

3.25" Apr

33%

Jan

7%c

4.00

2.75

Punch

Co

&

159,300

1

High

Mar

5%

1.39 Mar

8c

,

—

Burns

16c

30

..1

Burlington Steel

Apr

13c

14%

1.25

Phillips

Hill

Apr

1,478
36,000

25c

Knife

13

90c

Oils

Bunker

1

6%
1.45

3.25

1.05

Western

Yellow

26c

Ltd—*

Ltd

Petroleums

Bulldog

755

5%

A

.

Lake_

Feb

8.15

1,145
48,200

Pan

Apr
3.00 Apr

Ankerite

Feb

20c

16c

Canadian
Red

Low

16%

'

Can

Ltd

Omnitrans Exploration
t-aciuc

5,500

26,350

Buffalo

Buffalo

31%

Range Since Jan.

High

30%
1.40

Mines

Gold

Apr

3.45

*

of

Co

Co

Oils

Oils

uK&lta

Apr

13

Corp Ltd

Oil

Continental

New

2.90

26c

*

Dominion Oil Ltd

&

9,200

24c

2.75

Long Island Petroleums Ltd

New

3.00

11%

-

-

New British

2.90

13

-1

National Petroleums

Jan

31

6V4

Reef

Mar

45c

Low

class A—

1

:

Oils

Kroy

1.88

25c

Shares

*

—

Ltd

Oils

23,400

3.00

1

Oil Co Ltd

Home

3.45

*

Ltd

Feb

36c

2.90

~*

Ltd-—.

Petroleums

3.15

—1

•—

—

Oil

Crest

isast

Federated

*

—

\

for Week

Class B

Buffalo

Oils

Decalta

Sales

Range
of Prices

Par
British

Apr

*

Central
Central

Week's

Last

Sale Price

STOCKS

Range Since Jan. 1

98

40

400

,

10

10%

100

100

100

10

50

43

43

120

16%

18

6,230

•

•

10

17%

40c

Jan

78c ' Feb

23

Apr

26%

3.00

14%

Jan

Apr

Feb

Jan

Mar

96%

Jan

10

Apr

12

Jan

99

Jan

100

Mar

42% Mar

100

45%

Feb

19%

Jan

t

Number 5105

Volume 175

.

.

The Commercial and Financial Chronicle

.

(1471)

43

CANADIAN LISTED MARKETS
RANGE FOR WEEK

Friday

Week's

Friday

Last

Range

for Week

Sale Price

of Prices

Shares

STOCKS

Par

Stores

Dominion

&

Chemical common—•

Doiralda

Woollens

&

Duvex

Oils

Gold

40

268

38% Mar

19

19

197/»

Last

11

210

-11- 11 %

19

Jan

High
Jan

Jacknife

45

Jan

Jack

Feb

Jaculet

Jan

Jellicoe

11

1,280

5%

51/4

50

40C

143c

25,000

40c
5

5

1.25

1.12

1.25

86c

60c

88c

-

"

•

5

5%
40c

25

5

Mar

Jan
Mar

Apr

151,100

96c

Mar

661,275

60c

Apr

13

Joburke

Joliet

1.25 Mar

(1939)

14c

6,000
14,000

12c

Apr

18c

Jan

20c

23c

8,795

15%c

Jan

30c

Mar

7c

6'Ac

7c

7,000

6c

Jan

8c

Jan

85c

Feb

85c

41c

_

80c

'

Ltd

Minerals

&

Oils

Kayrand
Kelore

Oils
for

share

one

69c

7%c

9c

45c

43c

49c

402,950
16,500
30,055

4.55

3.70

4.60

86,319

11c

Ltd.

11c

lie

10c

15c

Mar

'\

Gold

Renville

16c

30c

1

10 %c

7%c Feb

11c

Mar

Mines
Klrkland-Hudson

25C

23 %c

26c

69,500

20c

Jan

28c

Mar

Kirkland Lake

Malartic

East

„—1

Mines

1.91

1.75

2.34

649,860

85c

Mar

Kirkland

East Rim Nickel

Sullivan

East

Eastern

84c

Mar

1.29

Feb

9.25

El

El

19,458

8%

1,498

25

25

370

8.05
7

65c

62c

66c

53,100

48c

26c

25c

32c

95,652

18c

Jan

24%

3

31

30

31

292

25%

17c

13 %c

18c

19,165

13 %c

1
*

1.42

—---10

■;

—

17%

:

Glacier

Life

6c

6c

2,000

1.33

1.43

35,700

17%

17%

12%

23c

29c

,31c

9,602

7%

7%

Estella Mines Ltd

1

1.90

1.90

2.00

1.84

1.80

2.06

90c

1.04

20,299

f

Falconbridge

f"

Famous

Shops

Grain

Federated

13

17%

22%

405

1.85

1.70

1.95

314,250

12%

12%

13

23

5c

5c

"

Petroleum

Iron

13

11%

13
92c

31

Jan

Shore

Wasa

7%

Apr
Jan

2.06 Mar

Jan

1.04 Mar

Lapaska

Gold
Lang & Sons

Jan

18

Mar

8.85

Lavalle

Jan

1.95

Apr

Lawson

&

12%

Jan

14%

Jan

Jan

24

Feb

Fleet Manufacturing

•

1.50

1.50

1.65

3,850

Ford Motor class A

*

58

58

60

2,347

1.28

21,100
42,700

,—*

8c

8c

2,000

*

55%

56

38

7.10

7.85

313,295

Gold

Francoeur

1.50

7c

Apr

3%c

4c

7%c Mar

Cos

common

7.85

55%

Jan

2.40

4,600

3%c

Mar

6%c

Feb

20c

1,000

18c

Feb

22c

Jan

22c

24c

7,000

20c

Feb

25c

Jan

11%

12%

33 %c

35c

6,150
13,650

30c

2.75

2.75

100

1.25
20c

I,100

5.25

Feb

12

124

10 %

Apr

9c

9%c

2,700

6%c

Jan

6c

8,000

4c

Jan

7%

7%

100

12%

13

588

12 %c

20

10%

Lencourt

1.90

Jan

97/ec Feb

Mar

20

62

Feb

13

Jan

35c

Jan

3.25

Jan

6.10 Mar
Jan

13
10 %c

Jan
Mar

6C

7% Mar
133/4

Feb

23c

Jan

22%

Jan

10%

65

91c

1.12
1.15

339,200
11,400

24c

34c

78,700

16%c

Jan

34c

8%c

8%c

3,000

7%c

Jan

9c

Feb

7,650

65c

Feb

28c

-

class

A

32

•

68c

75c.-

Hosiery

common

32

32%
5%c

A

8

8

1.15 Mar

Jan

1.15

Mar

13

Jan
Mar

355

Jan

32%

Jan

32

698

78c

30% Mar

100

8

Apr
Jan

1.05

18,200

3.00

10%
45c

315

4%c
3.00

5%c

31%
32%

B

Lomega Gold
Class

Apr

Feb

1.10

Gold

Groceterias

London

100

Feb
Mar

Jan

94c

Long Lac

Class

Jan

60

38,000

20

Mar

7

12%
12c

32c

1.15

.

Gold

Loblaw

5.80

12c 12 %c

class A

Class B

Little

Jan

5.50

Lexindin Gold

Jan

Feb

Mar

2.30

5c

Jones

Jan
Mar

52c'

11

10%

12%

Apr

13

Feb

Apr

9.30

Jan
Jan
Jan

Leduc-Consolidated
Leitch

8.25
25c

323/4

Feb

4%c Jan

Jan

6c

Jan

Jan

3.00

Apr

8

Jan

9%

Feb

2.00

'

Fraser

Jan

76c

'

50

Apr

18%

12

Mines

Apr

2.75

Mar

17

3,220

29c

1.05

Jan

Jan

5.80

.

Laura Secord

Jan

Mar

Mar

155

Laurentide Acceptance class A

137/a
25

lc

67c

17%

Mines

Feb

37c

Feb

1.70

9c

Apr

23,500

45c

36,000
130,848

Lapa Cadillac

1,309,123

Jan

3%c

Mines

2.60

13c

24c

25c

,

Lamaque

Luz

Jan

47c

Jan

65c

22c

Apr

lc

16c

2.75

Mining

La

43 c

Mar

17,100

8.50

Mines

Lake

43c

Mar

2.40
83c

56c

Lake-Osu

Feb

2%C

Petroleums

17c

Feb

2.45

Lingman

Feb

•

Rights
Flank

Jan

Apr

Feb

Feb

Apr

35c

18c

13

Mar

31c

19

Feb

1.15

Gold

19

7.95

Mar

Feb

31c
,

2.75

Fortune

Apr

75c

10c

Jan

12%

Lake
Lake

Jan

4%c Jan

Jan

1.60

19c

Apr

Lake

Jan

Apr

13 %c

70 %c

17%

Mines

23

247,750

21c

Labrador Mining & Exploration.
Ladulama Gold Mines

40c

123,365

76c

1

Mines

19c

Ltd

Dufault

7c

16%

3,500

9,000

58c

Lake

1.43

11%

100

5c

Feb

22

800

23

1

Mar

Feb

48c

Jan

4.60

Feb

16%

18,500
25,688

82c

2.75

(John)

1.23

615

22

71c

49c

Jan

7%

2.09

78c

19c

Ltd

1.65 Mar

8,344

17

20

Preferred

Federal Kirkland
Fenimore

12

17
*

.

*

common

25

22

127/a

•
*
1
*

Nickel

Players

Farmer Candy
Fargo Oils Ltd
Fanny

Jan

Jan

Labatt

17%

137,123

95c

Oils

11

5,300

1

~®

Corp

Kroy

13c

1.94

80c

Jan

10c

1.99

Feb

Jan

Apr

Jan

Mar

Jan

9

25'A

Jan

Apr

10c
57c

Mar

2.65

94,800

19

11 %c

Townsite
Klondike-Keno

Apr

5c

150

Eureka

2.34

1.00

20

12%

—25

Equitable Life Insurance
Erie Flooring class A

Federal

Mar

25

1

Sol Gold

Empire

200,750

8.25

7%

1

Rey

Emerald

1.28

8.05

1

Boat

Pen

1.11

8.25

20

class A

Gold

Electric

1.22

1
*

Mines

Eldona

8,500

-1

Mines

Mines

Steel

Eddy Paper
Elder

9%c 10 %c

,

18%

*

Amphi

6%c Feb

3,000
240,650

17%

21c

Gold

Kerr-Addison

East Crest Oil

54c

Jan

8c

Mar

21c

Mining

Keyboycon
East

Jan

Apr

held.

four

5c

85c

Mines

'

each

6c

7%c

Gold

Quebec

Jupiter

High

12c

Jet Oils Ltd

Jan
Jan

Low

5%c

,25c

Mines

Jan

Range Since Jan. 1

High

14c

Mines

6

7%

Shares

5%c

Mining

55c

tor Week

Low

Gold

Waite

Sales

Range

Pa

12'A

20%

Week's
of Prices

3

Sale Price

'

-1

Ltd—•
for Duvex

Mines

exchanged

Being

9% Mar

1

Minerals™

&

609

»

.

Low

10 y2

1

Dragon Oils & Gas__
Duvay

High

10%

*

Mudge class A——•

STOCKS

Range Since Jan. 1

39 Vu

•

Mines

Donnell

10 %

23.50

Preferred
Dominion Textile common
Dominion

Low

•

Dominion Tar

ENDED APRIL 4

Sales

•

Exploration

Gair

Co

Gas

Exploration

95%

95%

10

1.90

1.48

2.05

239,230

18 %

100

preferred
Alberta

of

•
•

"

3.80

Jan

Jan

95% Mar

Jan

2.05

17%

770

Jan
Jan

17%

17%

100

105

105

5

Bakeries

5V2%

*

3.30

3.30

3.55

1,800

3.30

Apr

1

11

'9.50

11%

6,805

8.25

Jan

Power

common

Petroleum

'General
Class

common

1

General

Steel

Wares

A

10%

9.35

11

41

41

41

125

*

common

102

17,598

•

A

General Products Mfg class

15%

16

16

Feb

1.05

95

preferred

Gatlneau

General

7.85

8.20

41

15

100

Jan

Mar

Jan

18%
105

11%

Feb
Feb

Apr

Mines

Lake

Gold

iGlenora

Gold

Jan

12c

Jan

18c

Feb

12%

Jan

7%c

Feb

15c

Mar

Feb

3%c Jan

■

2%c

Jan

37c

37c

40c

39,750

36c

Jan

44c

Mar

18c

16c

18c

14,000

15 %c

Feb

18c

Mar

Feb

12c

__1

13 %c

1

Mines

10c

13 %c

1

Manitou

8%C

13c 14 %c

38,500

15c

4c

3%c

16c

Feb

Mar

23 %c

Jan

7.20

Jan

12c
•

3.500

4c

Jan

3%c Mar

5,500

Feb

6.00 Mar

6%C Jan

9,105

3%c

•

8c

7,100

6.70

4c

IIII

Mining
Goodyear Tire common

10,000

6.30

4c

Goodfish

10c

13»/ec

6.45

Goldhawk Porcupine
•

3c

5c

Jan

5%c

Jan

96

75

Graham Bousquet

1

66c

62c

71c

112,180

40c

Jan

71c

Mar

Grandoro

fr:

»:

39c

39c

40c

l.,500

25c

Jan

45c

Jan

18

Great

Lakes

Great

j

West

Class

common

19%
11%

1,250

/

1

18C

24 %c

Lake

Gold

—.—

5%C

»

8

Jan

100

5

Mar

28

11,430

10%

Jan

20c

?:■" 64,150

10c 11 %C

;

IIIi ^

850

5%

13,200

10c

Jan

7,200

23C

Mar

24c

•

—

103/4

18c

11c

Gypsum Lime & Alabastine

Jan

24%

273/4

1

Gurney Products common-—

Mar

5V8

Mines

Gold

7%

Jan

10%

103/4

*
•

92

8,870

103/4

—-—

Mines

Lead

Gwillim

/;

—

Wire

Guayana
Gunnar

18%

11

III* >1
•

96

,

19%

.,

A

class

Freehold

Gridoil

Gulf

•

Paper
Coal

B

Greening

.

«»'■»

Mines

25c

2.00

2.00

100

6c

9%c Feb

1.90 Mar

23,200

3%c

Jan

32%

825

283/4

Feb

93/4C:10 %c

25,700

47/eC

32 J/4

30

62c

Jan

40c

Feb

%c

12 %c

14c

16,110

12c

Jan

14c

Jan

2.00

Apr

1.56

Feb

Lynx

Yellowknife

100

Mar

21%
12

Jan
Mar

12

Mar

5%

Jan

29% Mar
20c

13

*

Macassa

Mines

1.90

Macho

Mar

17%c

Feb

31c

Jan

3.10

&

Bloedel

class

I

Swayze

'

Halliwell Gold

Hallnor

1

————

Apr

15c

Jan

Mining

Reduc

&

.—.—

32,900

173,150

11c

lie

lie

1.90

Jan

Jan

14c

16,200

11c

Apr

nn'

23c:25 %C

5,100

23c

Mar

28c

27c

30c

4,655

24c

Feb

49c

43c

50c

9,000

42c

Mar

lie

lie

12c

41,500

6%C

Feb

19c

15c

20c

560.400

6%c

Jan

2.30

1

12c

Dauch

Apr

3.60 Mar
21c

Jan

31c

Jan

30%c

Feb

71c

Feb

12 %c Mar

2.30

:

_—

Apr

2.30

10,300

2.10

Feb

2.60 Mar

117,700

9%C

Feb

13 %c Mar

72c

1.10

1,903,825

Feb

1.10

3%c

4c

1,500

3%C

Jan

4%c

Jan

35c

40c

57,200

27 %c

Jan

42c

Mar

293/4

29%

303/4

205

273/4

Jan

34

13

13

13%

Jan

14%

16%

12,837

Apr
14% Mar

15%

16%

17%

Jan

21c

19c

22e

93,182

14c

31c

Feb

—

—

44c

Apr

Feb

*

: "lis
•

1

Yellowknife

20c

40c

—

Consol

16c

Jan

10%c:12 %C

82C

•
•

Oil

Home

Homer

16c

3.60

•

Highwood Sarcee
Hollinger

14c

*

Crest Oils Ltd
Highridge Mining
&

Jan

3.00

2,395

13

Jan

,1

Gold

Hosco

Smith

Howard

Paper

'

Hunts

class

Apr

24%

Jan

1.60

Feb

3.40

Apr

55

55

55%

4,580

Mar

64%

Jan

__Il

24c

28c

53/4

10%

11%

7,990

32c

49c

539,065

__10

——

*

redeemable

31%

313/4

Mar

373/4

40%

29,600

10%
5%

10

10%

4.290
-

500
75

39

38

39

650

-40

common

preferred
,——._

9%

43

43

43

25

..32

39

37%

39

925

—.

'

Feb
Mar

7c

Jan

30c

Apr

6

Jan

11% Mar
57c

Jan

31 %
~

Class

B

Magnet

Jan

32%

Jan

36%

Feb

40%

Jan

11

Jan

Malartic

International Coal &

Coke

Manitoba

Maple

&

International

class

Metals

Leaf

International Nickel Co
international
Island

•

•

Mines

'50c

Mountain

For

common

Petroleum

footnotes

see

page 45.




Feb

3.00

Jan

22

375

22

Feb

Mar

26

Jan

20% Mar

26

Jan

21

21%

I,030

1.91

2.05

23,900

13c

20c

13,450

1.82

1.80

1.99

28,300

1.65

Feb

1.99

2%c

3c

II,400

2lAc

Jan

4%c

8

8%

2,490

7%

Feb

83/4

Jan

5%c

5%C

1,500

6c

Mar

Apr

'~8

Milling..

Maralgo Mines

—

1.87 Mar

13c

Mar

4%c Jan

Marbenor Malartic

10c

9e

10c

5,000

Marcus

12c

10 %C

12c

13,000

5c

5%c

2,000

11

11%

8,928

10% Mar

22 %c

25c

17,950

18c

Gold.

Martin-McNeely
Massey-Harris

11%

Matarrow Lead

Mayo Mines Ltd
McColi

Frontenac

common..;..

100

McDougall Segur
Mclntyre Porcupine
Mclvor

Red

McLellan

Lake

10c
13c

7c

17c

Mar

Jan

Jan
Feb

13

Jan

32c

Jan

23c

12,500

18c

Apr

33c

39%

44

3,265

38

Feb

453/b

91

70

80

Jan

93

Mar

26c

Mar

Feb

Jan

36c

39c

98,500
1,313

Jan

41c

81%

67

Jan

81%

Apr

16

16%

1,045

15

Feb

16%

Aor

41c

44c

9,600

38c

Mar

8,000

4c

3c

4%C

7%c

8%C

8%c

9%c

5,800

2.30

2.30

2.60

955

63c

58c

65c

29,000

2.90

2.90

3.00

6%

6%

7

67

52c

41c

54c

174,700

8

...

Merrill Island

8

100

1.70

1.75

2,660

47c

Jan

Jan

5%c

Jan

7%c Jan

3,600

8%c

3c
——

McWatters Gold

Mercury Mills

Feb

Feb

4yac Feb

Apr

78%

44c

Lake

Red

Jan

81

16/

Gold

McMarmac

7c

8%c

Jan

38c

Drilling

McKenzie

2.20

23c

91

42%

Preferred

Mexican Light &
Preferred

Power common
...

.13.

Mid-Continent Oil

Midland
Milton

&

Pacific Grain

Brick

1.75

Minda-Scotia
Mindamar

64c

Metals

Corp..

9%c

Apr

8c

2.00
45c

Model

Modern

Containers

Monarch
Moneta

class

A_____,

Jan

10c

Jan

3.00

Jan

Jan
Jan

Mar

69c

4%

3.25

Feb

Jan

1.85

Jan

16

Apr

83

10

Mar

85c

Jan

4.80
17

Feb

%

Jan

2.83

Apr
Jan

16

83

30

42 c

7,700

33c

Jan

42c

Mar

91c

76c

91c

10,450

55c

Jan

91c

Apr

15

16 %

640

14 % Mar

17

Jan

23%

Jan

•

18

88%

Feb

24

2,485

23%

Feb

27

24

275

22%

Jan

700

7%

8%c

3,300

7c

Apr

9

Jan

Jan

9c

Jan

Feb

8%

Jan

10% Mar.

11%

Feb

9%

Jan

8c

8c

-.5

8%

8%

8%

225

11

11 %

330

8%

8%

8%

800

8%

Feb

25c

3.50

3.40

3.60

II,200

2.75

Feb

•

Drug & Chemical

com..

__5

....

National

Petroleum
Car

7

3.60 Mar

26%

25

27%

1,555

Mines

69c

62c

80c

32,950

Mar

80c

Apr

Alger..

Negus

10c

10c

10C

4,000

5%c Mar

13c

Mar

New

Bidlamaque

New

British

New

Concord

New
New

28%

Jan

3.35

3%

4,121

3%c

Jan

4%c

Jan

3.55

96,584

2.63

Feb

3.55,

Apr

2.25

2.35

13,050

2.20 Mar

3.10

1.72

1.62

1.74

50,625

1.48 Mar

1.74 Apr

40c

50c

40c

*

3,575

'

Mines

Malartic
New Jason Gold

12 %c

New

25,% C

2.00

2.15

17,060

37c

2.07

Goldvue

Hugh

Laguerre

Apr

3.05

Development

Dickenson

New

55c

2.35

Oil

Mines

Delhi

New

25
.

3.45

Dominion

Calumet

New

<t

24% Mar

7%

1

........

Hosiery class B
Steel

24

24

7%

25

....

National

National

60c

15% Mar

83

..

_.

Mines

Preferred

1.80 Mar

37c

Brass

National

Jan

16

_.__10

common

preferred

Mylamaque

Jan

9% Mar

23%

Mines

Corp

Jan

Feb

1.60

130,600

16

Jan

7%

18%

preferred.

Montreal Locomotive

Morrison

2.83

4.65

72c

6%

12,300
1,500

.

Apr
Apr
Mar

37c

Knitting

Porcupine

Montauban

2,59

6%
39c

9,360

4.50

15%

2.64

Oils

4.10

15%

2.90

62

68C

63c

4.50

15%

Mining Corp

-

Newlund

4lc

,36,475

12 %c 13 %c

23,100

Mines

24c

40c

1.33

Apr
Jan

Jan
Jan

60c

2.28 Mar

Feb

42c-

7%c

Jan

15c

Mar

8c

Jan

12c

Jan

.226,426

28c

1.30

30c

6,333

9%c

8%C

Mines

6

Mar

New

Marlon

22%

Jan

New

Morrison

35%

Jan

39%

Feb

New

Mosher

41% Mar

43

Apr

Newnorth

35

39

Feb

New

Jan

575

8

384

11"

Mar

38c

40c

11,250

35c

Feb

84c

86c

11,000

84c

Mar

41

A

1.65

Feb

Eastern

Jan

9

40%

41

75

43%

43%

44'A

7,918

38

35%

3.9%

48,788

40c

40c

500

1

Apr

2.65

16c

Goidfields

Feb

5%

11

38c

1.06

27,828

6c

21

22

9

—1

35,900

2.95

Jan

19c

Mar

Feb

Feb

29c

Apr

9%

11

___

1.28

2.80

4%c

21 %c Mar

2.04

Consol

27,370'

1.15

Jan

1.38

Jan

1.23

1.20

6 %C

6%c

7c

Jan

7%c

Feb:

38 %c

38c

45c

27,850

35c

Jan

55c

Jan

•58c

,

53c

63c

45,982

43c

Mar

65c

Jan

8c

9c

4,250

3%c

"Jail

5c

Jan

4%C

Gold

Mines

•

38%

Mar'

Jan

—;

Lac Mines

Long

Gold

Ltd

4%c

2,000

4%c

Apr

10 c

Feb

8%c Mar

22c

1—.—

*

Norsman Mines

New

r; Ingersoll Machine class A
^Xnglis' (John) & Co:
Inspiration Mining

1.06

Jan
Jan

9%c Feb

'

53/4
22%

•

Jan

5% Mar
32c

1,625

39%

22

25

preferred

31%

5%

_.£1

—

preferred:—;

20%c

350

5%

11

Petroleums

Oil

55

43,450

41c

-

Acceptance

30c

—\

Preferred

4c

4,100

~ii

Bank

$1.60

203/a

12,697

—

imperial

5%

340

3.40

'

•

Imperial Tobacco of Canada ordinary_5

Indust

203/4

2.75

«

A

Imperial

4%

5%C

20 3/8

3.10

•

Husky Oil & Refining Ltd
Hy-Charger

4%c
20%

•

common

Mining
Hudson Bay Milling & Smelting
Hugh-Pam Porcupine

10.000

A

Madsen Red Lake Gold Mines—

New

Hoyle

5 %c

99c

'•

Moore

High

Hinde

Jan

24

14c

1

Heva Gold Mines—.

.

16

Apr

1

Gold

Hellans

Feb

22

—1

the Lakes Iron

Headway Red Lake
Heath

14

25

3.35

1

Hasaga Gold
Head of

365

22

2.65

1

Hibbert Mines

Harrison

15%

2c

—1

Gold

Harrlcana

14%

1

Mines

3.30

1,556

1

& Minerals

Harman Oils

Jan

3.10

1

Gold

Rock

Hard

22

common.——-i-

3%c Mar

5,000

22

■

.

Cotton

Jan

3c

2.90

3.00

»

Hamilton Bridge

9%C Mar

4%c

1.75

8,590

Mar

32%

2%c

'-.n

—

Mines

Hamilton

10c

102,100

22

Mines.

Jan

6c

MacMillan

Gold

57,900

21c

2.80

Mines

1.48

18c

1.18

River

2.00

1.36

5c

Lake

1.87

1.40

Mines

Macfie Red

...

Halcrow

Apr

18 %c

MacDonald

Mackeno

10

7,500
4,000

Jan

23c

MacLeod-Cockshutt

15,447

11c

42c

94,200

Jan

83,600

18C

11%

9c
3c

1

Arrow

Golden

10%

291,950

36c

Apr

17

1

Gold

Eagle

Golden

9%c

62c

30c

44%

•

Goldale Mines

Goldcrest

11%

*.-.1

Gold

Lake

cod's

14c

18c

1
1

Yellowknife Gold

Giant

,

-1

Lake

Geneva

48c

34c

11

""

Gillies

57c

Goidfields

Apr
Mar

3.90

Long Island Petroleums
Louvicourt

Frobisher

Norzone

9'

"'Mar

New

Pacalta Oil

12

Jan

New

41c

Jan

New

Rouyn Merger
Ryan Lake Mines..

1.15 Jan

New

Thurbols-

42

»

Jan

Nib

41% Mar

48%

Jan

Nlplssing

Jan

39%

Apr

Nisto

40c

Apr

90c

Mar

Nor-Acme

Mines

Mines

13,000

5c

Ltd

Gold

i

;

f

.Tan

8%c
....

8%c

10C

112,300

19c

17 %c

20c

267,650

10%c

Jan

20c'.

5c

5C

5C

1,000

4%c

Feb

6c

34c

32 %c

37c

30,200

30c

Jan

50c

8c

8c

1,500

8c

Jan

10c " Jan

3%c

4%c

3%c

Jan

Yellowknife

23%

•*'

1,000 '

7c

Mar

'•

Feb

:

:

Feb

■

-

Jan

!

2.50

2.20

2.50

3,085

1.95

Jan

3.0Q

Jan

!

12 %c

12 %C

I4e

11,700

12 %c

Feb

17 %c

Jan

\

1.00

1.00

1.02

1,100

80c

Jan

1.05 Mar

44

The Commercial and Financial Chronicle

(1472)

.

.

.

Monday, April 7, 1952

CANADIAN LISTED MARKETS
FOR WEEK

RANGE

Week's

Friday

,

Last

Range
of Prices
Low

Nordon

-—1
I

Corp

Norlartlc

Mines

Normetal

Mining

-

-

■

Gold

Inca

North

Rights

common

—

..

Oakville

Gold

O'Brien

—

Ontario

Gold

Lake

Osisko

24,000

2,182

8c

1.25

13c

111,355

23c

18%c
1.19

1.29

5c
16c
4.40
20c
6c
2.49
16 %

1,000

6c

2.23

*

—

1.25 Mar

Jan

8%

-

—1
1

Coyle Navigation
(Eastern)

Paciifc

Pacific Petroleum

Pamour

Porcupine

Sweet

Grass

Consol

Paymaster

12c

Jan

3.55

53,875

18,100

18c

23,000

4.50

Oil

Petrol

Gold

Gas

Toburn

2.45

Feb

Peninsular

River

Powell
Powell

-~—---

Gold

Rouyn

Power

—

Corp
Border Gold Mine

Premier

Pressed
Preston

East

Dome

—I

Mines

Elevators

Iron

95c

49,050

82c

1.15

Jan

Toronto

Mortgage

4.15

Jan

Apr

1.35

Jan

8c

Feb

1.20
7c

1,000

90c

Mar

3,000

6c

Jan

11%

15%

246,490

9.50

Jan

15%

66
80c

67%
95c

381

64%

Feb

71

39,551

70c

Jan

95c

1.02
3/jC

,1.24

114,150

90c

Mar

5,500

2%c Mar
3%c Jan

1-00
6%c

.

3%c
4c
4c

fc
4c

5,200

4 Ac.

5,500

„4c

1,000

60c

64®
50%
41c

3c

25

43

13
65c
1.38

27%

27%

1.75
2.40

Jan

4c

Jan

5c

Mar

4c

Jan

5%c Mar
69c

Jan

48

Mar

Mar

9%

100

—

1.23

Feb

35c

10

60c
1.20

Jan

54c

20,510

—

Apr
Mar

3%c Mar

35,502

50%
36c

—

Jan

2,700

60c

Mar

386,625

56c

26% Mar

Jan

55

Jan

52c

Jan

13

Feb

88c

Jan

Jan

Mines
Purity Flour Mills common
Preferred

1.91

2*3,024

2.40

1,200

1.38 Mar

28% Mar

44

45%

4,565

4c

4%c

10,000

1.50 Mar

2.40

Tower

Works

Traders

Finance

A—

26%

2,283

Queenston Gold
Quemont Mining
Quesabe Mines Ltd
Quinte Milk class A

■■
—
—

6,700

Red

29%

240

31c

6,200

•13

14

830

Mines

Renabie

—

Petroleum

Richfield

Rix-Athabasca
Robertson

1.60

Long Lac-,
Rowan Consolidated

—

1
*

Oils

Roxana

1

Roy Silver
Royal Bank

San

Antonio
River

Sand

Gold
Gold

exchanged

norm

Mines

Ltd

share

one

Union

Union

1.32

United

B

class

35,200
60

14c 19 %c

50,000

1.10

25c

Mar
Feb

10

55.30 Mar
1;90

Apr

25c

Mar

2.50 Mar

41c

Mar

20% Mar
20c

Mar

10

Apr

9%c Mar

21c

Jan

1

Jan

74c

Apr

1'

3.05

3.05

3.25

68,750

3.25 Mar

|

53c

43c

75c

172,150

5

620

7

23%

——1

4.20

4.10

4.75

191,646

*

(1945) Mines
Brewing class B

Creek

Mines

35c

Jan

Ltd

Silknit

West

common

Silver

a.

58c

Jan

Westeel

25

2.75

600

6%

25

2.75

A Jan

Western

i—

Jan

Western Homestead

19 %c

Class

Weston

(George)

Siscoe

1-50

41%

1.03

30c

Mar

Jan

1.58

Apr

41

Feb

41'A

Apr

Winora

6%c

Jan

11c

Jan

Wood

20c

20c

500

18c

Mar

21c

aJn

45c

40c

50c

131,350

20c

Jan

57c

20c
28%
19%
4c

19c

23c

19,000
1,120

15c

Jan

23c

Feb

Sladen

370

20% Feb

50

40

39%

41

1,495

2.55

2.50

2.65

4c

4c

5,750
1,000

4.15

South

Stadacona

Class

Sfarratt

Yale

Lead

&

•

Jan

Yankee

Apr
Apr

23

Jan

16%

50

98% Mar

98 %

19

Mar

Jan

Jan

11%

12%

4,985.

11%

Apr

15

I >46

46

46%

260

44%

Feb

52

Jan

6

6«/8

490

Jan

7

Jan

10

10

220

6%c

6%C

2,000

7c

7c

1,000

22

23

523

60c

70c

202,800

46%

6

30

9

Feb

*'

'

;

Jan

10%

6%C

Jan

8%c

Feb

5C

Feb

8C

Jan

19%

Jan

32c

Jan

42

Jan

Feb

123
64c

46%

23
''

75c

46%

■

Apr

2.70

2.47

2.85

413,335

1.70

Feb

2.85

8.25

9.00

10,720

7.75

Feb

9.70

21%

22%

54

20

90%

91

65

89%

.1.85

175,575

80c

Jan

1.85

lie

13,700

9c

Mar

13 %c

<i

1.73

,

1.52

97Ac

10c

•"

••

6c

Jan

23

Jan

7c

5,000

6c

8,100

25c

Jan

3%C

3%c

1,000

3%c

Feb

38%

39%

635

37%

Feb

97

Jan

4%c

Jan

97

94

Feb

; 32c 34 %C

Feb

:

'

38%

.99

7%c

__

25

99

5,500

8C

r

Jan; \
Mar s
Feb ?

Apr;
Jan

39c

Jan

.

4c

40

99
8c

..

|

Jan; <

18 %C
*
*

>

Apr

9.00

21%

.

Apr

Mar*

j

Jan ;

Jan

2i65

2.06

2.65

120,800

—1

65c

55c

68c

55c

Apr

x

35c

36c

102,100
132,815

28c

Feb

11c

lie 12 %c

14,500

11c

Feb

99

j

Jan

Apr i

46

2.35
3c

Jan

& Mining—

Mines

33c

2.10

2.02

2.18

73,490

1.27

2.70

Feb

4%c Mar

Jan

Toronto Stock

1.15

1.38

130,093

Apr }

181,030

1.50

Jan

4.15

Apr

3.00

39,560

2.25

Jan

3.40

Jan

Andian National

4.60

69,525

3.45

Jan

4.60

Apr

Anglo

Week's

1.45

23,800

40c

Jan

Apr

19c

17c

19c

26,400

16c

Jan

22c

Jan

Asbestos

42%

42

42%

462

38%

Jan

46%

Jan

Brown

41

41

73

Mar

47'A

Feb

$5

9%c 10 %c

28,333

Feb

lie

Jan

Feb

31

Jan

40

9c
28

150

160

900

1.50

Apr

4.15

4.60

67,260

4.05

Feb

1.73

20

175

19%

50

7.25
35c

7.15

7.25

680

34c

40c

33,565

20

20

21

55

20

35

35

100

35

■

-

1.55

1.51

19

Feb

18% Mar
6.90

Shares

Co

common

32c

1

Canada

&

Vinegars

Dominion

Sugar

Jan

Canadian

37

Feb

Coast

Feb

9

8%

9

743

8% Mar

6%

6%

6%

111

6%

Apr

35%

Western Lumber

Feb

Dalhousie

Jan

deHavilland

7

Jan

Dominion

Bridge
Oilcloth

Aircraft

•

15%

Jan

105

Apr

113

Feb

Feb

50

170

49%

Apr

51%

8.00

350

7.25

Jan

8.40

Feb

19

19%

265

18%

Feb

20%

Jan

12% Mar

14

Jan

,

Jan

12%

225

3.80

4.50

5,400

25 %

125

24"% Mar

26

Feb

36%

36%

394

36% Mar

43*

Jan

4.80

5.25

762

8%

9%
3.00

12%

345A

3.70

3.65

Jan

4.60

Feb

Jan

6.25

Feb

6,585

8% Mar

10%

Jan

100

3.00 Feb

3.50

Jan

International

Paper

93

91

95

215

90

Jan

100

Feb

International

Utilities

66c

66c

68c

Loblaw

41c

41c

45c

7,165
22,450

17%

400

61c

Mar

73c

Jan

37c

Feb

45c

45 c

38 %

Jan

35

2,143

45c

26,600

72

270

80

81

40

42c

33

35c

Mar

Feb

53c

Jan

45

Jan

72

Apr

72%

Jan

90

Feb

37% Mar

37

37

25

37

Apr

33%

33%

100

31

Jan

46%

48

984

45% Mar

50%

Feb

—5

27%

28

125

20% Mar

30

Feb

6

Mar

25

25

25

23

Feb

25%

Feb

5

common
;

24%

25%

460

24%

Apr

28%

35

Mar

Mar

17

Mar

18% Mar

Inc

Minnesota

& Ontario Paper

15c

18c

183,550

9%c Jan

20c

Mar

42c

70c

845,397

38c

Feb

70c

Jan

Ogilvie Flour

Mines

•

38c

38c

39c

3,699

38c

Feb

46c

Jan

Pend

Oreille

Price

Bros

13%

360

13%

Jan

•

6%

7

225

5%

Jan

»

•6%

6%

60

4,900

Feb

11% Mar

*

Hayes Steel

40

100

26%

•

39% Mar

Jan

45c

22% Mar

.

7%

,

Feb

28%

5.25

1,218

23

65

•

31%

42c

24

.

25%

-:35

-

690

5.25

13%

25

9%

Oil

2,233

42c

Jan

Apr

36%

•

10%

107

Copper

36%

13%

3,285

105

„1

34

•

11'A

36%

common

Marconi

9%
•

Feb

11

4.25

Consolidated Paper

1.76

2.60

31

3.00

25%

Apr

13c

28% Mar

25%

Investment-

Apr

Apr

50

1,250

19

Collieries

General

Jan

Apr

28%

12'A

12%

Canadian
Canadian

Canadian

Apr

High
17 %

28%

7.90

Jan

9c

Low

10% Mar

49%

50c

1.35

1.44 Mar

2,060

12

Gold

Canadian Industries

2.25

Jan

2.24 Mar

17%

12%

preferred

Bulolo

Jan

Mar

Jan

14c

Range Since Jan. 1

High

105

1st preferred—

Jan

7.30

Feb

42c
'

14

11%
24

convertible

2nd

Low

__

Corp

19% Mar

Feb

97c

Jan

Jan

4.75 Mar

20%

1.65

for Week

16

.

1.25

1.45

•■>?

Sales

Range
of Prices

Par

1.38

4.50

Feb

Jan

*

Canadian Pulp & Paper
Anglo Newfoundland Develop—

60

84c

Funds

Sale Price

4.15

28%

2.50

Exchange-Curb Section
Last

Apr

28%

Jan

Feb

Feb

4.10

10c

1.52

Jan

37

'20

1

1.25

16% Mar

20

Yukeno Mines

Canuck Oil

Yellorex

17c




16%

99

Yellowknife Bear Mines

6c

60c

page 45.

Mar

1

30

20%

4.60

17%

see

Feb

76c

98

•

....

Jan

*

For footnotes

63c

*99

Zinc

Jan

36%

Gold

1,600

21,750

"

2.55

4.50

-.

Olsen

75C

1.00

1

16

•

B

70c
80c

32c

—

—

Jan

800

II

Apr

84c

6%c

1

—

common

preferred
Wright-Hargreaves

2.72

30,500

^

Feb

1

H)

42,050

112,690

Standard Radio class A

„

Jan

90c

<
-

Apr

6%C

1

-1

Brock class A

79c

14% Jan
4%C Mar

19%

3,500

IIII100

Gold

(G

4.60

13c

Standard Paving common
Stanley

41c

11,365

1

Preferred

Ltd

Oils

Feb

11,600

\

•

Mines

27%

19%

Brazeau

Spooner

1.61

50c

41c

0

—1

1

Co

44,171

Mar

19%

•

Larder

Gold

3.65

4.25
4.10
2.65

1.67

Malartic

Southam

1.93

10

Jan

Mar

2.30

Gold

Jan

1.73

fnn

Wingait Gold Winnipeg Electric

Jan

9c

Preferred

1.94

120

1.00

4%C

X

*

Jan

Mar

98%

A.

Feb

10%

*

Petroleums

4%c

3c

I

common

Winchester

20c

I

Prpfptrprf

Wlnward

94,200

•

Ltd

—100

class

11%

160,400

18

•

Feb

21%

B

Apr

Feb

4%C

I__I10c

Leaseholds

36

Ltd

Simpson's

Feb

3.44

239,300

46c

Apr

Apr

10,500

"•

Western Grocers common

Feb

6%

4c

2.25

A

98c

Jan

91c

3.44

6%c

39c

3.25

29c

.

:

Jan

1.58

10c

class

Jan

',

Jan

4%C

•

Ashley

Mar

26c

2.25

B

14 y»

58c

79c

2.15

a

Products

Dominion

Class

Jan

%

1

5

»

Silverwood Dairies

22% Mar-1,.

Jan

41

19%

*

Wiltsey-Coghlan

2i

1

Jan

12%

10%

-

Wilrich

50c

Mines

>

20

10,225

*

Jan

—-1———

Standard

<

4.75 Mar

27

50

13%

85 c

—

11

Feb;

1.44

—40

Miller Mines

Rights
Silver

Jan

<

Feb

56

21%

Consolidated

Jan

5c

5

...

3.05

'

Jan

Mar

Jan

2.29

Malartic

9c

30c

7,000

—1

Preferred

46c

53%

12%

—

Wekusko

Jan

42c

279,038

98%

1

7%

25%

12

Mar

40c

6%c

27c

*

—

Apr
Jan
Feb

28

21%

1

Ltd common

Class.A

Jan

3.20

2%c Jan

,

—

Jan

Feb 1 f

5

Apr
38% Mar

21%

1.85

(G & W)

Feb

19%

common

Voting
trust
Sigma Mines (Quebec)
Silanco
Mining

1.13

110

13%

—

Canada

Breweries

Sick's

1

.

214

-

55

Amulet

Waite

Walker

Mar

13,200

1

7

20

70c

Cotton

Wabasso

22c

6%

500
—

40

54%

1

1

75c

2.75

*

Gold

Gordon

Sherrltt

Jan
Mar

12 %c

40

27

40

.54%

25

-

Jan

124,430

1

: '

21 %C Mar

*

-i

Mines

Jan

50

27

"

——

Oils

8c

4,600

Apr

4.30 Mar

176,935

•

52c

69,200

2.40
35c

1,595

46c

—.

21,925

8c

50c

16 %C Mar

100

7
20

-

—

147,200

41%

'

-■

•

Ltd

16c

7%c

^

•

Gold

63c

32c

8c

Feb

Mines.

11c

3'Ac

Apr
Jan

15c

preferred- -IIII50

A

Zinc

56c

2.75

6.75
62c

42c

35C

Mines

Ventures

Villbona

Jan

28c

Jan

3,400

Van Roi

Jan
Mar

14

Feb

10%

4.25

Feb

208,850

Feb

33
37c

9

10

Apr

23

preferred

&

51.50

20c

32

17C

Upper Canada

52

Feb

.

Jan

40c

Hill

6c

2,848

28%

74c

___•

—.—.

United Keno

10,500

22

1,191

Jan

62c

IIIIII9

—

Apr

Vulcan

21'A

Jan

32

.X

Fuel

Violamac

56c

56c

117

-

Feb

48c

9%C

Jan

15c

„

B

Apr

7,200
39,867

Jan

35c

71c

1.99 Mar

18,000

Jan

7%C

15 %C

Apr

Mar

1.22

86,175

115%

500

91,483

116

•

Corp class A——.——_

1.85

29c

47

8c
45C

—1

—

_————

Asbestos

Glass

1.60

2.90

Feb

5

United

Feb

1.43

1

Feb

18%

30%

32

1

United

Jan

25c

30%

•

_

Mining

Feb

2.55

17

8c

115%

44c

Acceptance common

Preferred
Union Gas

78c

50

29%

Feb
Mar

90

75

18

43c

115%

Friday

Wpg

r

;

5,715

1.04

6c

Rouyn
1
Shawinigan Water & Power common-.*
Class A preferred
50

'

Feb

*

17

■0

28%

•
*
•

Jan

15

20,800

Steel

20%

—

Sheep

29%

Feb

2.10

13% Mar

29%

69c

1.80 Mar

200

s

150,075

STOCKS

Warrants

Shawkey

8,300

4,100

14

(

Mar

18c

United

3c

Senator

Shea's

45c

1.91

35c

55c

Jan

17%

—•

Oil Co Ltd

Selburn

Jan

Canadian

Petroleums

Freehold

39C

40c

1.80

mmmrn

•

for

Sapphire Petroleums Ltd
Scurry Oils Ltd

Security

Jan

22 %C Mar

6.75

San-

Cons

28c

_

Corp

held.

two

each

for

3,270

Jan

50c

Sannorm Mines Ltd—

Being

34c

Jan

a

5.50

29'A

29% Mar

484

—1

-

Jan

Jan

13%

*

100
—1

Saguenay Power preferred
St Lawrence Corp common

10C

7%
2.55

Feb

17 %c

Oils

—•

common

60,600

2.20

11%

18c

Lead

1

Industries

Russell

20c

33% Mar

Jan

50c

United

28%

—-—10
—*
1

Royalite Oil
Rupununi Gold

16c

41c

-

Tungsten

500

9'A

57c
38c

-

2,665

6.60
•

United

12% Mar

14,200

55.30

18'Ac
15c

—-40
——I

preferred

Mfg

Roche

2.45

—

_

Oil

Triad

199,800

"1.10

1.20
25c
2.60
49°
21 /2
24c
10%

73c
•
1

Gold

Reno

Feb

Mar

6%
11

»

Resources
Oil

Petroleum

1.65

55.30

*

A

class

8%c Mar

'

Trend

1.80

9'A

>-1

—

Textiles

Renfrew

Apr

Apr

2.35

•

Jan

25c

5%c

Petroleum

Reef

1.50

50

1.90

•-7T

Transvision-Television

1.58

55.30

1
1

Ltd

Petroleums

Apr

Feb

35

1

class A

Mountain

17c 22 %c

1

Poplar Gold

Red-Pic

1.40

1.18

130

-1

Mar

76c

29%

1.65

»—1

Uranium

1.02 Mar

19c

50
—

Trans Empire Oils

Western

Ranwick

Jan

7

*»-*

Jan

Feb

25

1.04

1.38

—

-

Transcontinental
Trans

1.65

1
1
1
'1
*
1

.

Jan

14c

11

II_tl20

*

class

_

Petroleums

Waterous

Quebec Manitou

Jan

98''

2.40

1

5%c Jan

Mar

4c

25

13
1.47

Jan

44

85c

10

Quebec Copper Corp Ltd
Quebec Labrador

30%

17

Feb

Apr

2.00 Mar

1.85

27c

———-40

——

1.75
2.15

1

Mica

Purdy

6C

9c

32%

*

1

'

1

Toronto General Trusts

37c

*
1

Prospectors' Airways
Punch
Petroleums Ltd-

Jan
Mar

Mar

95

7

•

Torbrlt Silver

Toronto

60c

1 1
—1

500

Feb

11

—

Feb

—-

Metals

8.00

Jan

Apr

Mar

1
44
1
-—25 /2
1
*

Development

Porcupine

6c

_

I

Tombill Gold

Toronto

Class

Placer

36,200

Gold

lie

•
1

Gold

Pioneer

390,150

1.50

'

Thompson-Lundmark

4%c Jan

*

Gold Mines

Crow

Pickle

26,100

1.40

32%

10

•

23,000

60c
1-26

Photo Engravers—

25

_•
—

Mines

10c
1.03

*

——,——•

&

1,885

6c

*

8%c

—1
•

People's Credit Sec
Perron Gold

5c

Mar

34c

Teck-Hughes

Jan

18%

Jan

15%

16
97

'11c

15%

,

—

Jan

2.49 Mar

Jan

15% Mar
1.40

4c

96%

common

——

7%c

Jan

1.46

25

Feb

Preferred

23c

4%c Jan

238,660

Taylor Pearson

9%c

--

1

Jan

2.40 Mar

31

1.11

Tamblyn Ltd common

Jan

18c

Jan

Jan
Jan

6c

Jan

Jan

1

Ltd

3.45

1.35

—_

12c

83c

•

Mines

3.05 Mar

245,230

*

River

Taku

Jan

*

—..—

.

Penn-Cobalt Silver

6,875

2.40

31%

1.35

Jan

—

Penman's Ltd common

3.15

Ltd——

Oils

3.75

—

—

•

.

Feb

3.05

.

7%c

1

partanen Malartic

22c

—

—

500

—1

—

.

22c

Jan

Inlet

2,500

.1.12
-3'/jC

Paramaque Mines
Parbec Malartic

Jan

14c

1,390

9c

Preferred

Surf

94,300

1

Cadillac

Pandora

13%c

21,600

*

10c

67%

10o

Oil—

Western

Pan

6.80

2,000

20c

2.25

Mines

Cons

2.45
3.90

7c
133A

•
•

22,953

20c

Superior

3-90

—

1

Page Hershey Tubes

7.25

20c

Towagmac Exploration
Pacific

7.00

T.00

I

95c

.—---*.1
1

4,500

—

Jan

1.30

1.12 Mar

101,500

Mar

305

5c

Apr

39c

Mar

5c

Jan

35

31%

4c

—

Gold

River

8 Ac

—

-1

Mines

Mar

17c

Mar

18c

35

Apr

32%

31

16c

Steep Rock Iron Mines

—

2.20

—1
*

.

Jan

7c
8

7% Mar

12,025

5c
13%c
3.75
18c
5%c
2.17
16%
2.16

16c
4.05

Mar

Mar

10c

Apr

31%

Sylvanlte Gold

1.25
—

5c

1.10 Mar

400

,

Jan

7

9,000

8

!

13% Mar

*

6%c Jan

8,160

11c

'• ■' 1-15

■

2.82

High

'

Jan

17

31%

common-

Oils Ltd—
Supertest (ordinary)

10c
7c

—*

Lake

Red

Orlac

Sullivan

Feb

5%c
7%

18c

common

Opemiska Copper Mines
Orange Crush
Orenada

Feb

7%

•

Co Ltd—

Pyrites
Steel

4.50
15c

3,000

—•

Malartic

Omnitrans ExDloration
Ontario

Sturgeon

Sudbury Contact

1

Oils

O'Leary

Jan

Jan

„

*
•
*

—

Selections

Okalta

93c

29c

Feb

Low
100

18

31

Apr

12 %c

Range Since Jan. 1

High

18

-

4%c

Jan

1

Mines

Canada

of

Mining

21c

8%
27c

Lake Mines Ltd

Obaska

Ogama-Rockland

Co

Preferred

58c

30,500

; 12c

-—*

Wood

Steel

Steeloy

6%c Jan

3.70

—

Jan

5.65

3,500
38,000

25c

7%

1

Feb

22'Ac Mar

Apr

38,000

3,15

6%c

—

Mines Ltd

Nubar

Oil

~~1
•

(1940)

Star Oil new

North

Mar

4.90

7,875

Feb

20c

Jan

17c

19,525

62c
-29c

—8c

,-m.—

Mines

Northland;

15 %c

1,500

85

Mar

Low
'
—

5.00
9%c

3.65

*

Oils

Canadian

Shares

*

Bros

Stedman

58c

—

Extension

Northern
North

—

78

953

29c

Mines

Canada

for Week

Par

High

Low

„

4.90
8c

4.95
8c

1
•

Norpick Gold
Northern

17c
20%c

n

„

Range Since Jan. 1

High

78 79%
17c
18c
19%c22%c

—'78%

Mines

Sales

Rar.ge
of Prices

Friday

Shares

Par

Week's

Last

Sale Price

STOCKS

for Week

Sale Price

STOCKS

Noranda

ENDED APRIL 4

Sales

14%
7

Feb
Mar

Third

a

——

—

Canadian

7%

Jan

4.00 Mar

5.25

Apr

Twin

55 %c

Jan

Yukon Consolidated

40c

Feb

City

„

31

31

100

31

Jan

33

Feb

26

26

100

24%

Jan

26

Feb

1

6.70

6.80

430

6.70

Apr

8.75

Jan

__

29

Apr

33%

5%

60

5

Mar

5%

Apf

lc

Inv—-

—-

835

5%

*

,

Gen

6% Mar

Rights

;

common

Feb

*
*

Niagara Wire Weaving—

lc

3,170

lc

Mar

5c

Mar

8%

100

8%

Apr

55c

23,300

29

*

common
—

8%

_1

50c

30

.

.

8%
50c

Apr
Apr

75c

Jan

Mar

;

;

Volume

Number 5105

175

.

.

.

The Commercial and Financial Chronicle
(1473)

45

OVER-THE-COUNTER SECURITIES
Quotations

for

Friday

April

4

Investing Companies
Funds—

4 14
/

r

Bid

Par

Fund

Mutual

25c

Aberdeen

Ask

91c

Mutual Funds—

1.01

Par

Institutional Shrires

Bid

Ask

Figures after decimal point represent
*

1.25

4.83

5.23

Aviation

lc

12.80

1

4.01

4.34

Bank

lc

83c

American Mutual Fund Inc.^—1

11.89

12.92

Affiliated

r

Fund

lbAmerican

Inc_—

Business Shares—a

Axe-Houghtoh Fund Inc
Axe-Houghton Fund B
Beneficial

«

18.46

9.77

10.68

•

21.29

Inv

America

of

Tr

Boston Fund Inc

16.11

11.95

23.05

^Johnston (The)

24.92

Mutual

Net Asset

18.48

(Speculative

11.09

48.82

Chemical

1

21.30

23.03

Fund

Fund

Bond

Priced

17.51

19.11

Stks)_l

7.07

7.72

2___1

Com

6.08

6.66

Knickerbocker. Fund

7.51

6.91

1

Lexington Trust Fund—

25c
Loomis Sayles Mutual Fund—
(Net Asset Value)—,—

■

15.55

16.90

12.87

—_-.i_-.i_l

13.99

29(4

1952

100.2

100.4

15,

1952

100.3

100.5

1,

;

1953

1,

18.30

(Net

Asset

Value)
Managed Funds-—
Automobile shares

13.53

12.35

-9.79

1954

i

99.18

-

2%s

1,

100.10

Certificates of

99.26

99.20

99.28

100.16

100.24

1955-1953

96.4

1957-1955—

96.16

1961

117%

116%

3.96

Business

8.77

9.61

10.02

10.98

Equipment shares.lc
Electrical Equipment shares.lc
General Industries shares—lc

Price

Ask

Maturity—.

Indebtedness—

iy8s July 1, 1952
iy8s Aug. 15, 1952
l7/8s Sept. 1, 1952—

l7/8s Oct.

1,

l7/8s Dec.

1,

l7/8s Feb.

50.98

—lc

Bid

15,

Treasury

—

100.1011

__

'■

__

—

1953

__

in

are

Ask

32nds—

100.1555

.1841

l%s March

15,

1954

100.1681

.1923

l%s March

15,

1955

.2221
.3008

l%s Dec. 15,
l%s April 1,

1955

100.2488

100.2393

__

__

Bid

Notes—

Values

100.1881

—_

1952_.
1952

.1198

.2819

l%s

Oct.

99.10

99.12
99.4
99.20

1956

98.16

98.24

1956—

1,

99.2

99.18

98.12

98.20

4

4.36

3.98

4.38

4.72

5.20

3.44

3.79

;_lc

•

1

14.10

15.45

Home

3.12

3.44

Building Supply

1

10.69

11.72

Non-Ferrous

lc

4.29

4.73

Chemical

1

17.78

19.48

Paper shares

lc

5.15

5.67

10.65

11.30

Petroleum

lc

6.00

Bid

Ask

5.18

5.68

lc

4.83

5.32

<2.35%

8-

1-51

5-

1-52

bl.65

1.40%

13.25

14.52

Manhattan

Inc..10c

7.83

8.58

2.25%

9-

4-51

6-

2-52

bl.75

1.60%

11.43

12.52

Mass

2.20%

10-

1-51

7-

1-52

bl.85

1.65%

2.15%

14.95

16.38

!i

38.88

42.03

2.20%

11-

1-51

8-

1-52

bl.90

1.75%

2.15%

Inc.l

18.15

19.62

-2.15%

12-

3-51

9-

2-52

bl.95

1.75%

28.36

30.49

stock

Bank

series—Li—1

Corporate bond
Diversified

common

stock—1

preferred
equipment

Diversified
Electrical

stock—1
—1

Merchandising

—

Steel

shares——.—
Bond

13.56

13.83

Fund

Rate

6.60

Investors Trust—

Ctfs

of

beneficial

Massachusetts

12.37

Metals

shares

Mass

12.62

1
1

Machinery

•

Furnishings shares

15.24

13.91

——1

stock

Insurance

<

Investment Fund_l

Diversified

Investors

Units

of

Interest

2nd

Fund

Life

Dated

Due

Rate

Dated

Dae

Bid

Ask

2-52

10-

1-52

b2.00

1.80%

2-

1-52

11-

3-52

b2.05

1.90%

3-

3-52

12-

1-52

b2.05

1.90%

4-

1-52

1-2-53

b2.10

1.95%

2.20%

1-

2.25%

Fund—

beneficial. Interest

Metals

1

12.64

13.84

14.94

16.24

1

31.41

34.42

Mutual Fund of Boston Inc
Mutual Invest Fund Inc

1

Oils

1

16.08

17.76

Coast Invest Fund—1

13.75

15.07

Mutual

1

13.76

13.76

——1

9.72

10.65

Mutual

Shares "C0rp__;
Trust Shares

1

7.64

8.37

beneficial Interest

1

10.91

ll.f

1

8.44

9.25

9.54

10.45

1

10.31

11.30

National

1.89

2.08

National

10.46

•11.37

——

Pacific
Public

Utility

Railroad

Equipment

Railroad

Tobacco

■

Dividend Shares

r

._J25c

—

.....1

Fund Inc_

Dreyfus

of

Equity Fund Inc__

First

Mutual Fund

Founders

Franklin Custodian Funds Inc—

bl.30

1.00%

June 12,

1952

1952

bl.40

1.15%

June 15,

1952

1952___>.

bl.40

1.20%

June

1

7.54

8.24

May 15, 1952

bl.40

1.20%

June

1

5.06

5.53

May 22, 1952

bl.45

1.30%

July 3,

1

3.88

4.24

1

6.06

6.62

_1

9.86

10.70

Selected Group Series.
1
Low Priced Com Stock Series.l

5.09

5.56

;

7.50

Series

3.36
22.41

——1

56.40

1

5.71

17.99

19.34

5.25

5.75

Aviation

7.82

-8.57

le

8.68

9.51

lc

shares—

Building shares.—.

8.93

9.79

lo

9.32

13.88

15.20

:——lc

5.00

5.49

shares—lc

7.92

Electrical Equipment
Food

shares—;—

Fully

administered

*

10.21

shares_lo

shares

Chemical

9.33

lo

33.63
32

14.35

14.79

Bankers

2.50

17.39

18.90

Chase

l

18.69

20.61

1

3.13

3.42

Fund

(Geo)

Inc

Fund.—

,

Scudder, Stevens & Clark
Fund Inc (net asset value)—'*
Scudder, Stevens & Clark Com
Stock Fund (net asset value )_•
Selected Amer Shares
2%;
Shareholders Trust of Boston_il
Sovereign Investors..;...—1
l
State Street Investment Corp
•
Stein Roe & Farnham Fund—1

8.40

9.21

Technical Fund

9.34

10.23

shares—lc

9.38

9.77

Investing Company shares—lc
Low Priced shares
—_—to

13.42

14.69

7.07

7.75

Institutional

bond

shares—

Mining

RR

12.20

16.43

United

Income

12.30

Shares.—1

stock

shares

lc

7.38

8.09

6.68
'6.56

13.70

13.98

4.40
7.08

Wisconsin Investment Co

-

7.81

—

-

12.42

11.36

Inc——1

11.93

—1

4.85

Inc—^

.—--.1

X23.71

Hudson Fund

2.00

2.19

_——-1

11.32

Fund.

Foundation

Investors

Incorporated

5.24

,

1

Series 1955-.-

1

Series 1956

1

10

89%

93%

Insurance Co of North Amer—10

Insurance

10

53%

55%

Jersey Insurance of N Y

85 (2

Lincoln

73

Maryland Casualty common
1
$2.10 prior preferred——_10

10

Life

82%

.69

—25
*

Alliance

American

32%

Automobile

Assur
5
American Fidelity '& Casualty_5
American of Newark
2%
American Re-Insurance
10
American

Equitable

25
10

Automobile

Bankers

& 'Shippers

.25
10

:

Boston

Connecticut General Life

Continental Casualty
Crum
c

&

Forster
-

<■

•

Inc

*

.

•

Assh

Of

Firemen's

of Newark

40%
36% '

American

——3.33(4

6Ve

7%

12.50

Fire

«.

45%

47%

25

—«

195

61

185

„

Francisco

Bank of Amer N T & S A—6.25

28%

104%

Plywood $1.25 conv pfd_20
Serv 5%s pfd .100

111 Pub

Consol

105(4

Mich

Elec

3%s
1982
Elec 3%s_1982

104

30%

102%

Gas

&

Edison

3(4s__1982

100

101

101(4

1017/s

•Minn

Power

&

Light 3%s__1981
3%s
1982

Elec

Narragansett

1981
Elec 3%s_1982

105

Ask
22

106

Grocers—
conv

Delaware Pow

4.56%
El

Paso

5%%

:

-21%

50

preferred

42

44%

104%

102%

Bid

Stocks—

5(4%
—1982

& Lgt—

102%

105%

105%

Gas—

5.36%

105%

104%

—100

-

100

.100

preferred
Natural

preferred —
preferred

General

104%
103%

Telephone—

—

103%

104

105

Oklahoma
Pacific

3%S—1985

102(4

102%

Potomac Elec Power 3 (4s—1987

101(4

50

50

50%

50

53%

54

101%

Providenoe-Washington
Reinsurance

Corp

St

Paul Fire

&

(N

_10

Y)——2

—

Marine

29%

7%

8%

43%

Tenn

—10
,—10

72%

76%

Travelers
U S

Fidelity

U S

Fife

—'

——-100

& Guaranty Co_-2
-3

610

53%
43

630

55%
45

S Guarantee-———-^--—10

112%

118%

-2

23%

24%

37 %

U

38%

Westchester Fire_

Diego Gas & Elec 3%s_l»'82
Calif Gas 3%S—1982

31%

36 (4;

——

San

12%

39

Haven)

&

Elec

Southern

10

34 %

(New

&

"101%

4.75%

102

Illinois

31%
41

■„ ■

Surety

Gas

Gas

39

35%




.—1981

15%

33%

"

165

49

60

!l00

Atlas

91%

Accident....—__-—,410

36%

Trust__20

Cent

55%

Standard

B

Bank &
& Trust

Ask

14%

.

:

Trust—

Bank

103%

87 %

48%

35 %

Trust

&

Union

Co

Grove

104%

52%

35%

10

57

Louis

103%

tlO
,

46'%

Steamboiler

61

20

Bank

Mutual

103(4

;

Co

33%

Hartford

25

Trust

Security Issues

——5
10

Republic (Texas)

141

Lgt 3%s._lS82

3%s_

Power

Ohio Power 3%s

Springfield Fire & Marine—_10

-

46

St

86(4

Peerless Casualty

25

37%

25

Mercantile

14%

Pacific Indemnity Co

58 %
58(4

137

&

Georgia Power 3%s

Metropolitan

Security

5

83%

& Trust-_33Va

1981

Louisville

14%
29 % •;

10

26

San

3(4s_-

43%

58%

.

51

Manufacturers Bank & Trust_20

29

31%*-

10

Home

>

Power

Power

21%

13 %
27 %

Fire

Central
Duke

19%

Phoenix

( 76

42(4

48

20

58

Bid

41%

56%

Hartford

55

Recent

27%

29 %

Handver (Ffre—

Bank

2.50

———10

Northern

37

39(4

Bank

National

National

United

—„5

Fire

Fire

River

10

&

Republic
5
Globe :& RUtgers Fire cotafook_5-

Great

York

——--5

Glens Falls

Globe

Hampshire

New

North

35

Bank——17

First

259

249

Bonds—

Indiana

Seaboard

Genera] Reinsurance-Corp

13%

12

100

51%

36%

Northeastern

■

.25

23%

34%

41%

23%

l_—a.5-

48%

Illinois

80

56%

21%

40%

New

22%

Exchange Nat'l Bank__20

Boatmen's

-63%

Amsterdam

40

75 %

•'29%

New

68

56 %r

"Trust

Title Guarantee & Trust

38%

Casualty-_;.-s__2

72

.

v

102

26%

Pacific

Frisco-—10

Fund

99

61%

.

38

Louis

Amer.

49%
49

(Detroit)—10
_5

-

of

254

47(4
47

9%

Fire

.12%

National'Bank-

St.

113

8%

39'%

Deposit iof Md_^clO-Philadelphia.lii.10

Fidelity &
Fire

55

246
110

York

National Fire.=-_-j>~—-—wi—10

90%

Fireman's

51

100

First

127

35%

Manufacturers. ^.4

Casualty

45

Ask

Merchants &

Union

375

43

-

Portland

64(4

-_„20

City Bank--„_

United States Tfust-

37

National

38%
34%

L——

73%

345

20

& Trust

1,550

62(4

26%

National

10

Federal

_20

„20
25

New

28%

140

92

69

52

Employees Group Assoc
—*
Employers Reinsurance—u-—10

Bid

26%

76%

—ii--10
10

100 1,500

City Nat'l Bank and Trust—25

18%

65%

90

Peoples First National Bank

2.45

122

31%

135

25

Pittsburgh

Tower

26

x21%

10

46%

Security-First National

Chicago

Massachusetts Bonding————5
Merchant Fire Assurance——_.;5

139

44%

of Commerce

Bank

Sterling National

24%

133

*

5

Camden Fire

convertible

$1.05

—

39%

Bank

22%

Freeport N Y___.
Morgan (J P) & Co Inc

preferred—5

81

38

35

National

10

50

_

Surety

27%
-

94

32

4.58

20

Life

National

24%
29%

,

American

40

25%
16%

4

34%

38

10

316

91

21%

National
Par

Casualty & Surety

American

307

^10

22.15

Companies

Ask

Aetna

Agricultural

41

10

45

a20

Bank

20.90

5.00

31

375

39%

Mellon Nat'l Bank & Trust—100

384

42

Y

4.22

2.49

29%
355

16

Continental Illinois

Aetna

Aetna

372

10

100

N

oi

10.05

—20

i_100

Co

Bank—

19.44

2.18

Trust

City Bank-—

Los Angeles

20.31

8.83

665

Natfonal Bank of Detroit—___10

North Amer T*"«st Shares—

12.24

Bid

——2.50

E

330

650

36

Meadow Brook National

Trusts—

Type

(The)

315

National Bank

National

24

34

the City of N Y_-_^___.100
National

„100

__100

& Savings

Detroit

Public Nat'l Bank & Trust—H'/i

1

Independence Trust Shares

Insurance
Par

Unit

Series

,25.63

10c

Plan Fund

22

;10

Manufacturers Trust Co__

Diversified Trustee Shares—

12.30

1

Inc

Guardian Mutual Fund Inc

Income

4.00
6.45

Ask

221

146

Irving Trust
Kings County Trust

*

—lc

Growth Companies
Howe

6.11
6.00

Corp
l
Wellington Fund^1
Whitehall Fund Inc
1

-

-141

Trust--__10

&

'?

214

48

Industrial Bank of Commerce_10

—-_1

Wall Street Investing

7.12.

Central

Union

j__16

-10

Bank

Trust

Cleveland

Trust Co

Square
Guaranty Trust

13.37

Fund

.

United Science

Fund.—
Value Line Fund InOi—

lc

48

6V2

Hanover

-Bid

__100

Cleveland

69(4

of

13.26

——lc

46

5%

Franklin

21.61

Accumulative

5.03

Utility shares—

9.84

United

2.94

shares—

23.02

Union Preferred Stock Fund.—1

;

41%

10

Fiduciary Trust
First National Bank

5.68

4.58

Tobacco shares

22.79

15.01

lc

395/«

67(4

Federation

8.94

5.20

Fund—

1.46%

49 (4

15

Bank

47(4

Bank

Northern Trust Co

362

347

10

Eihpire Trust

70.75

Par

18.86

2.67

Steel

28.66

8.17
67.25

Inc_—•_ _...1

lc

Railroad

26.5 T,

Union Bond Fund—.1

Fund

1.44%

bl.54

National

Harris
100

National

County

14.07

Texas

bl.52

1952

1.40%
1.42%

Companies
First

35

Fifth

Chemical Bank & Trust

14.74

12.91

1

shares

shares—lc

Bond

&

33V4

Continental Bank & Trust____10

29.06

13.63

8.41

*

York

New

Co—10

Trust

Franklin

Inc

1.38%

bl.50

bl.52

Chica go—^Cont)—

Manhattan

Avenue

Television-Electronics Fund

Equipment

Railroad

29.06

9.24

——

shares

Petroleum

1

of

the

(White Plains N Y)

7.67

8.43

.lo
lc

Merchandising shares

Inc

Bank

57.69

9.03

8.68

lc

shares

bond

of

Corn Exchange Bank & Trust^20

57.69

bl.48

;

1952
1952_^

Ask

Bid

York

Bank

Industrial Machinery shares.lc

General

New

32.29

Putnam

6.21

8.511

Fund-lc

.

Par

26%

25

Pioneer

Securities—

•j//. Common (The) Stock
!
Automobile Shares

24%

_i

.

Republic Investors Fund.
t; Group

Bank & Trust

5.33

__l

Fund

Pine Street Fund Inc

21.86

3.09

4.86

England

19,
26,

6.03

Inc..lc

Pell de Vegh Mutual Fund Inc
(Net asset value)
_1
Petroleum & Trading
5

7.18

-

Fund

5.52

Pacific Amer Investors com—10c
$1.50 preferred
5

..

20.73

General Investors Trust

Series

New

1

Capital Corp

Series

8.63

—1

Futures Inc a—sIndustries Fund Inc

General

2.83

6.55

Gas

Series

Series...

7.96

Investors Inc—-2

Fundamental

Stock

Series.

Industrial Stock

19.20

34 'A

19.95

1952

24,
1,

Natural Resources

series——>lc

Common stock

1.35%

1952

8,

Stock

'

6.92

1.32%

bl.45

5,

May
May

6.27

series—

stock

Preferred

bl.45

June

April

Bond

5.67

*

May 29, 1952

0.90%

7.29

Income

2.58

0.75%

bl.25

7.52

Speculative

17.76

bl.25

1952

6.88

5.34

32%

—10
Mutual Trust Fund—
1

1952

17,

6.98

24.64

Fund Inc_l

Industrial

Financial

10,

April

1

33.87

5

,_x-

Fidelity Fund Inc

First Boston Corp—

April

13.43

1

5.15

„20c

Ask

16.54

12.42

Security Series—

Priced

31.68

—*

Bid

15.41

1

Corp

Series."

Bond

Preferred

Fund

Treasury Bills

Ask

1

Investors

23.04

Fund

Balanced
Stock

Bid

Balanced Fund

Howard-

Eaton &

United States

Natlon-Wide Securities-

Low

j

99.22

1953-1952

1954

Panama Canal 3s__

Dollar

37.92

10

1

—

Aviation

r

1,

Feb.

•2%8 Nov. 1,
1%S Oct. 1,

99.26

100.4

—

Maturity—

10.90

37.92

1

1

Agriculture

.

Ask

100

U. S. Certificates of Indebtedness & Notes

Loomis Sayles Second Fund—

31%:.

16.64

—1

Funds Inc—

Automobile

13,

Aug.

20.02

(Appreciatioh Com Stks) 1

—a.«_1

Diversified

18.35

(Low

Fund—

June

18.99

S-4

Consolidated Investment Trust-1
Delaware

100.3

37.42

S-3

Fund

100.1

29.83

34.30

136

Stock*

&

17.40:,
2 7."35'.'

5,900

Inc

Composite

Stocks)—*__l
K-2 (Appreciation Pfd Stks)_l
8-1 (Quality Common Stks)_lS-2 (Income Com Stockst
1

131

—100

Composite

Bonds*—l

com—100 5,750

Investment

Commonwealth

1952

99.30

12-10-

K-l (Income Pfd

26.25

41.46

Securities

15,

1, 1952

20.16

B-4

23.96

Preferred

May

l%s May
l%s Jan.

26.55

B-3

Grade Bonds)_1
(Low Priced Bonds)
1

24.34

9.20
24.00

1

Christiana

(Medium

9.19
22.26

„_1

Ltd—

Bid

100.1

Feb.

point

a

27.86

.10c

Century Shares Trusts

Bullock Fund

26.65

—5

value__-f-_i-:-

Corp

100

l%s Feb.

_1

(Investment Bonds)

B-2

Bowling Green- Fund toe-

1952

2 (4s

31.40

32nda of

Funds—

B-l

Broad Street Invest

18.841

30.78

„_l

Keystone Custodian

15,

Central Bank for Cooperatives—

yvV't*"---

,v

Fund Inc

;18i44,r-

or more

Federal Land Bank Bonds—

April

2.20s

13.09

one

Ask

2.20s

12.98

11.98

Investors Management Fund—1

Bid

Banks—

2.20s

17.65

22.89

1

Ridge Mutual Fund Inc.-1

Bond

Gfoup—__lc

Home Loan

2%s

1.25

Investment Trust hf

'*;2%

,

Federal

92c

1.14

Boston.—1

■

14.03

Investment Co of America—_1

9%

1%'

'

„lc

Stock and Bond

20.07

8%

Corp^—-—.1

Blair Holdings Corp_—i—.1
Blue

Group shares
Group shares
Insurance Group shares

10.77

9.91'

1
.5

Obligations of Government Agencies

"

Ltd—

Gas

Transmis 3%s

4%s

1971

—-

Texas

Power

& Light

1971

3 %s__1982

102

102%

101

4.70%

pfd

Metropolitan EdisOn—
'4.<45% preferred
Edison 4.56% pfd

102%

102%

preferred
Power

-100

104

104%

100

104

104%

101%

106

101%

Ohio

Rochester Gas &

106%
102

"4%%

preferred

Electric—

,Acl,

^100

104(4

105%

d Deferred delivery saies_ <(not
included in year's range), 'e Ex-interest,
f Flat price, 'k Admitted to listing on N. Y. stock Ex¬
change,
n Admitted to trading N. Y. Curb,
r Cash sales (not, included in ye?J.f
J™"
liquidating dividend.
(Un) Admitted to Unlisted Trading privileges, wd When delivered, wi When
a

Odd

issued,

x

lot sale

(not included

Ex-dividend,

"♦No par

value,

y

in

Ex-rights,

tin default.

year's range),

z

Ex-stock

b Bid (field price,

dividend.

JThese bonds are subject to all Federal taxes.

46

(1474)

The Commercial and Financial Chronicle

THE COURSE OF BANK CLEARINGS
Bank clearings

this week will show

liminary figures compiled by
of the country,

based

us

increase compared with

an

a year ago.

indicate that for the week ended Saturday, April 5, clearings for all

***:*"

^.*<<*4. v

1952
'

•

Third

Federal Reserve

at

$18,464,112,867 against $18,308,706,758 for the

Uiere is

loss for the week

a

ending Friday of 2.3%.

Our preliminary total stands
At this center

week in 1951.

same

Our comparative summary for

CLEARINGS—RETURNS

BY

1,109,000 ,000
557,776 478

8.2
3.4

350,094,971

324,108 ,418

8.0

286,100,000

323,000, 000

—11.4

*500,000,000

449,622, 000

City

Louis_

St.
San

Francisco

—_

+

388,356,374

356,774, 241

+

419,811,975

378,208, 370

+

*270,000,000

255,460, 039

+

+

7.3

860,859

904,578

+10.6

1,023,297

1,099,183

+

0.9

961,821

1,025.174

5.9

3,757,685

3,549, 917

1,088,000,000

1,246,000, 000

2,931,958

Philadelphia—

3,154, 929

Reading
Scranton

5,876,315

+

3,140,511,700

+

All

all

cities,

+

6.9

4,905,876

2,943, 621

—

5,428,191

*8,500,000

4,629, 552
12,177, 883
8,538, 146

1,133,408,538

1,290,470,013

—

Delaware—Wilmington

11.985,713

Jersey—Trenton
Total

cities)

(11

Federal

Reserve

five

3,275,664,335

days

cities,

five

days—

2,323,666
3,701,036

—

1.6

9,472,374

8,160,630

—

0.4

8,625,220

9,509,016

—11.3

981,25J,940

946,144,749

5,924,695

7,713,373
206,371,728

+

3.2

167,326,429

155,502,950

422,642,432

417,648,928

+

1.2

298,268.605

+

308,532,705
31,994,700

23.2

6,078,477

6,935.121

37,078,600

36,058,800

5,750,055

5,903,364

2.6

4,746,097

7,628,541

7,703,793

1.0

5,988,873

6.234,059

385,706,950

412,502,018

6.5

320,402,141

293,756,604

1,077,682,985

1,093,902,004

1.5

845,069,422

796,394,751

+

Fifth

all cities

for

week

cities)

:

2.8

30,842,600
4,854.812

3,074,768

and

We cannot furnish them today,

the Saturday figures

are

inasmuch

going to

Accordingly, in the above the last day of the week in all
In the elaborate

detailed

statement, however, which

able to give final and complete results of

March 29.

For that week,

tf&r the whole country

week

same

in

there

was an

present further below,

we

the previous week—the week ended

increase of 3.9%, the aggregate of clearings

having amounted to $17,361,363,110 against $16,717,147,414 in

1951.

Outside

this

of

•clearings at this center having recorded

city there

was

a

increase of 9.1%.

an

according to the Federal Reserve Districts in which they
*1 appears that in the New York District (including this
-af 8.4% and in the Boston Reserve District of

Sixth

are

group the

city) the totals show

cities

a

gain

The Cleveland Reserve District records

falling off of 1.5%, but the Richmond Reserve District shows

improvement of

an

In the Chicago Reserve District the

11.3% and in the St. Louis Reserve District by 4.3%, but in

Minneapolis Reserve District the totals

Heserve District there is

an

increase of

are

larger by 1.4%.

In the Kansas City

2.1%, in the Dallas Reserve District of 13.4%

and in the San Francisco Reserve District of 4.4%.

following

furnish

we

+ 36.5

3,757,243

+ 25.4

197,668,265

177,705,262

86,725,097

2.0

76,959,277

67,559,199

466,351,083

+19.0

407,530,225

377,721,147

*

19,293,720

—

Nashville

V'

19,163,948

Boston

1951

$

-12

York

cities

$

Augusta

68,436,714

63,387,750

219,000,000

206,300,000

6,268,314

Macon

5,866,867

673,736,951
8,263,336,473

1,133,408,538

1,290,470,013

1,077,682,985

1,093,902,004

554,968,576

Cleveland

3,433,168

4,193,471

3,904,239

4.1

3,216,159

2,948,447

138,879,170

+ 11.7

78,986,180

Alabama—Birmingham

129,351,842
7,406,291

134,223,396

90,713,224
90,078,742

Mobile

Mississippi—Vicksburg
Louisiana—New
Total

6,602,959

—

3.6

+ 12.2

88,991,192

5,648,397

5,601,140

384,939
157,384,944

5.3

357,866

371,709

128,536,690

+ 22.4

127,160,130

120,829,505

887,803,845

Orleans

cities)

(10

Seventh

Federal

Michigan—Ann

Reserve

813,437,285

+

9.1

624,254,046

365,649

+

-

585,793,341

District—Chicago—

Arbor

1,109,238
10,228,237

Lansing

—

Indiana—Fort

Wayne

$

1,141,747
9,397,544

8,923,214

2.8

4,196,588

4,011,784

1,337,981

5,559,477

+ 17.3

4,269,664

5,817,838

67,677,000
9,270,005

—15.8

48,911,000

47,860,000

—12.0

6,980,431

6,392.611

Haute

2,980,462

2,387,612

2,461,572

+ 34.1

63,940,636

57,139,227

4,322,273

3.3

3,502,516

3,531,357

34,123,589

38,521,411

—11.4

34,761,894

30,128,939

16,177,623

City

+ 10.7

84,567,451

4,463,730

Moines.

2,692,703

113,437,900

Iowa—Cedar Rapids.

15,494,850

4.4

12,192,089

12,012,115

+

+

1,405,381

1,640,603

—14.3

1,149,174

1,047,142

846,407,484

1,004,333,836
4,377,127

—15.7

711,648,991

694,394,941

3,670,787

—16.1

2,970,943

2,733,414

12,373,200

10,833,689

6,927,495

6,677,706

3,444,406

3,584,405

1,133,534,780

1,277,385,114

(17

cities)

+ 14.2

9,539,366

9,393,426

3.7

4,693,457

4,342,450

3.9

2,782,736

2,878,627

—11.3

924,466,888

894,406,638

6.7

+
—

1949

1950

or

Dec. %

8.5

—

—

6,518,555
8,161,807

Wisconsin—Milwaukee

Sioux

5,254,046

—10.0

56,997,000

Indianapolis
South Bend

^Des

1,211,985
11,366,547

5,107,886

Rapids

Total
$

v

+

2.8

531,349,888

519,623,817

+

8.4

7,375,568,005

7,554,059,466

—11.3

II

-11

-

6.8

4,062,811
155,091,664

Eighth Federal Reserve District—St. Louis—

,<«

12

Philadelphia

692,383,862

8,956,915,775

Inc.

14,183,947

8j3
8.8

Rockford

CLEARINGS

1952

lEederal Reserve Districts

16,209,646

90,094,367

285,800,000

Florida—Jacksonville

Illinois—Bloomington
Chicago

y

by Federal Reserve Districts:

SUMMARY OF BANK

0.7

97,559,320
311,000,000

-

Springfield
Week Ended March 29-

+

District—Atlanta—

Peoria

a summary

3,757,181

216,889,080

554,968,576

Decatur

In the

2,408,994

116,202,578
3,333,114

88,460,088

cities)

(6

2,204,795

5,127,865

Georgia—Atlanta

Terre

smaller by

10,512,000

115,847,645

located and from this

2.8%, but in the Philadelphia Reserve

19.0% and the Atlanta Reserve District of 9.1%.
are

0.9%, the bank

We

11,093,000

+ 18.9

271,978,815

Columbia—Washington..

Federal Reserve

Grand

li.3%.

Oistrict the totals register a loss of

loss of

+ 23.1

press.

has to be estimated.

cases

+ 13.9

12,271,000

144,008,299

Carolina—Charleston

Maryland—Baltimore

the week ends

as

at time of

available

not

2,700,426

15,101,000
171,226,040

Richmond

+ 0-9

—

Federal Reserve District—Richmond—

Virginia—Huntington
Virginia—Norfolk

0.2

$18,464,112,867 $18,308,706,758

(7

West

0.9

—

745,294,009

743,916,084

Pennsylvania—Pittsburgh

Tennessee—Knoxville

4th

4,013,379

212,951,712

Columbus

Total

$17,720,196,783 $17,563,412,749

—

day—:

one

issue of next week.

Saturday

3rd

2,543,693

Mansfield

Total

3nd New

8.7

+17.3

District—Cleveland-

Complete and exact details for the week covered by the foregoing will appear

4Lsfc

4,435,008

5,499, 157

2,688,739

York

District of

:

2,685,384

Wilkes-Barre

South
Total

tiie

909,000,000

2,592,287

Youngstown

4.3

cities,

Total

totals

3,301,074

3,253,134
943,000,000

7.1

0.2

cities, five days

Other

a

+

—12.7
—

5.7

$14,444,532,448 $14,422,901,049

Ten

the

?

$

$

1,246, 735

Cincinnati

11.0

Baltimore

we are

1949

1950

1,220. 269

Cleveland

8.9

Cleveland

our

.."

1,509, 804

Ohio—Canton

11.2

Pittsburgh

in

.

1.6

*1,200,000,000

„•

852,880 ,582

576,497,895

Philadelphia—

$9,816,070 ,921

866,237,654

Kansas

>

1,231,381

.Fourth

2.3

$9,587,383,579

.

-

1951

1952

York_

•

1,670,294

TELEGRAPH

Week Ended April 5—

Dec. e/c

1,338,262

•

New

Inc. or

$

Bethlehem

v+...-.v. -r*';''v..-"'-"'-".'.r>.

-

Monday, April 7, 1952

Chester

New

the week follows:

,

District—Philadelphia—

Lancaster

above those of the corresponding week last year.

1951

/•

$

Pennsylvania—Altoona

cities of the United States for which it is possible to obtain weekly clearings will be

^09%

.

Week Ended March 29
„

Pre¬

telegraphic advices from the chief cities

upon

.

981,251,940

946,144,749

1.5

845,069,422

796,394,751

466,351,083

+ 19.0

407,530,225

377,721,147

887,803,845

813,437,285

+

9.1

624,254,046

585,793,341

1,133,534,780

1,277,385,114

535,606,899

559,764,573

II

7

d»th Richmond

II

Gth

—

Missouri—St.

Louis

289,900,000

310,600,000

-

142,908,697

133,477,392

-

100,594,482

113,658,564

2,203,720

2,028,617

535,606,899

Kentucky—Louisville
Tennessee—Memphis
Illinois—Quincy

559,764,573

240,900,000

251,700,000

7.1

115,984,621

104,968.924

11.5

80,137,094

83,436,713

8.6

1,659,629

1,796,047

4.3

+

438,681,344

441,901,684

II

*7th

Atlanta

in

17

Chicago

■»8Ui St. Louis

UHh

Minneapolis

7
10

—11.3

924,466,888
438,681,344

441,901,684

Cities)

894,406,638

4.3

—

408,749,973

402,930,249

+

1.4

328,264,983

536,796,537

+

2.1

411,536,025

402,038,321

423,746,728

373,791,362

+ 13.4

291,412,776

265,605,493

Ninth Federal Reserve

District—Minneapolis—

331,733,155

547,968,180

Minnesota—Duluth

it

it

•JUh San Francisco

(4

li

4

•Oth Kansas City

Total

««

+

6,525,515

6,050,801

Minneapolis

278,751,128
101,078,357

93,439,877

Paul

a

10

+

+

7.8

5,413,946

5,303,800

0.1

279,091,689

St.

8.2

221,680,227
81,319,039

221,014,576
85,215,057

Total

1,008,092,969
cities

<Jutside New York City_

965,245,765

+

4.4

714,023,597

682,358,678

17,361,363,110

16,717,147,414

+

3.9

13,873,409,139

13,797,781,240

8,710,494,420

.112

8,787,974,198

—

0.9

North

Dakota—Fargo

6,247,972

7,249,132

13.8

5,650,256

South

.

Dakota—Aberdeen

2,528,307

3,199,451

21.0

2,699,169

3,159,291

3,446,944
10,171,750

3,517,964

2.0

3,059,670

10,381,335

2.0

8,442,676

3,163,906
8,196,116

408,749,973

402,930,249

1.4

328,264,983

331,733,155

Montana—Billings
Helena

6,728,311,783

now

add

our

detailed

statement

Tenth
Week Ended March 29
1951
Inc. or

1952

$

$

Dec. %

■Portland

—*

1950

1949

$

$

Pall

Island—Providence

Hampshire—Manchester
(12

cities)

5.0

4,054,794

3,863,630

563,089,337

+

4.8

446,937,327

438,491,314

2,091,069

3.5

1,736,866

1,479,600

+ 23.8

794,501

J

York—Albany

flinghamton

•Slniira

Jamestown
Wew York

Rochester

I3yracu.se
Connecticut—Stamford
Jersey—Mcntclair

Wewark
•northern New Jersey.

Total (12 cities)




727,961

431, 129
7,083 328

146,396,217

143,814 072

9,922,604
18,711,879

8,122 081
15,111 537

349,869,109

343,899 295

10,279,106

11,861 242

3,043,573

2,238,128

2,668 ,097
3,103 484

—27.9

547,968,180

++

702 272

374,142
6,405,461

.

Hastings
Lincoln

536,796,537

+

3.7

420,638

584,602

—13.2

464,080

458,326

9.6

5,689,824

5,311,572

1.8

104,926,936

99,662,864

—

+

+ 22.2

7,576,207

5,114,986

+ 23.8

10,808,037
269,628,603

269,325,509

—13.3

9,383,761

9,402,429

+ 14.1

388,946
2,248,993

1,869,428

2.1

411,536,025

402,038,321

3.6

+ 16.5

7,285,499
244,720,923

7,212,770
219,635,748

3.6

22,397,712

20,663,588
5,886,000

681,963

'•'**

948,591

—

1,871,180

1,742,589

+

7.4

1,682,061

1,402,817

8,487,087

+ 11.2

7,351,525

7,698,459

6,787,091

+ 14.0

5,566,216

4,987,051

27.702,806

39,281,219

—29.5

24,312,392

25,492,551

14,096,807

9.8

9,648,951

9,422,437

32,636,200

30,418,700

7.3

26,605,500

23,426,100

1,500,241

1,267,979

692,883,862

673,736,951

—

+

+ 18.3

+

1,063,970

2.8

Wichita

Missouri—Kansas
St.

1,127,250

531,349,888

519,623,817

Reserve District—New York

•Suffalo

1

+

12,715,133

Second Federal

<*ew

3,761,639

7,737,769

Connecticut-Hartford
Mew Haven

Wew

1,550,645

9,437,255

Worcester

Total

1,595,785

1,174,109

Springfield

#few

5.3

2,017,629

«ew Bedford——

BCIiode

+

590,283,753

River

Lowell

+

District—Kansas City-

Omaha

1,764,843

♦3,950,000

.fiitssachusetts—Boston

Reserve

Kansas—Topeka

1,857,782

—

Federal

Nebraska—Fremont

CNrst Federal Reserve District—Boston
I——*

JE&lne—Bangor

cities)

(7

5,680,409

showing the figures for each city for the

week ended March 29 for four years:

Clearings at—

-

6,555,983,285
Total

We

....

City

Joseph

Colorado—Colorado Springs
Pueblo

(10 cities)...

Total

Eleventh

Federal

+

1.7

9,515,905

792,700

Reserve District—Dallas—

Texas—Austin

7,692,814

367,583,357

Galveston

Wichita

Total

(6

cities)

4,753,700
4,014,107

3*680,496

—12.0

8,240,835

8,526,891

423,746,728

Louisiana—Shreveport

4.0

4,839,448
10,575,572

+ 13.1

9,310,896

!

5,823,000

5,473,344

j.

Falls

29,152,718

5,588,000

Worth

7,981,891
315,418,733

28,098,317

Dallas
Fort

+

373,791,362

+13.4

291,412,776

265,605,493

111,666,499

108,069,377

—

—

—

Twelfth Federal Reserve District—San Francisco—

20,088,780

28,429,239

—29.3

3,248,651

2,721,825

+ 19.4

2,637,888

2,660,883

2.7

82,756,728

79,553,689

109,974,362

113,075,731

—

12,801,983

2,297,360

1,649,538

+ 39.3

1,499,593

1,543,075

1,601,713

1,849,336

—13.4

1,468,286

1,440,830

8,650,868,690

T,929,173,216

21,920,061

21,408,068

+
+

9.1

7,145,097,356

7,241,797,955

2.4

16,870,894

6.1

12,147,040

11,557,000

12,639,251

12,107,335

686,509

17,575,604

16,503,795
16,725,840

(a)

(a)

46,278,544

57,423,730

—19.4

74,376.160

—14.3

47,132,076

39,843,186

8.4

7,375,568,005

7,554,059.466

63,744,222

8,956,915,775

e

8,263,336,478

+ 27.9
-

+

176,399,551
3,853,358

151,450,215
3,349,084

+ 15.1

2,547,988

3,589,901

172,509,906

163,502,021

+

5.5

124,598,408

123,778,376

66,797,747

64,970,598

+

2.8

51,929,347

48,889,649

Utah—Salt Lake City

California—Long

Beach

Jose

+ 11.5

11,360,097

2.7

10,445,813

8,949,472

530,204,296

0.9

358,196,427

16,899,592
—

Francisco

San

15,155,117

11,666,940
534,908,672

Pasadena
San

+ 16.5

12,906,431

12,150.056

11,933,471
4,524,976-

1.7

4,452,323

'

380,830,947
9,043,677

1.6

3,391,426

3,482.605

8,470,504

8,795,890

3.7

6,663,061

5,651,509

12,134,376

9,601,306

691,573

-

15,495,679

21,397,713

—

Washington—Seattle
Oregon—Portland

103,106,263

39,830,401

42,182,068

Santa

Barbara

Stockton
Total
Grand

'

„

(10 cities)

Total

(112

Outside New York
♦Estimated,

cities)

1,008,092,969
;

965,245,765

+

4.4

714,023,597

682,358,678

17,361,363,110

16,717,147,414

+

3.9

13,873,409,139

<13,797,781,240

8,710,494,420

8,787,974,193

0.9

6,728,311,783

6,555,983,285

(a) Now Included in Newark, N. J,

—

^Volume 175

Number 5105

U-

.

.

-

:

4*

(1475)

Financial Chronicle

The Commercial and

.

-

—:

V* *

'

v •

J

'

Company and Issue—

Foreign Exchange Rates

.<„

7;

■- * *

,

+ »•/[■:

1

«,

P«S*

Date

Firestone Tire & Rubber Co.—

3%

debentures,

United

Pursuant to the requirement of Section 522 of the

Tariff Act of 1930, the Federal Reserve Bank certifies daily
Treasury the buying rate for cable transfers on the different countries of the world. We
record for the week just passed:

Transit

4 %

due

May

1

May

1961

1,

May

1

Co.—

due Nov.

sinking fund debentures,

1960

1,

to the Secretary of the

give below

a

CALLED

ISSUE

ENTIRE

Date

Company and Issue—
FOREIGN

EXCHANGE

CERTIFIED

RATES

FEDERAL

BY

MARCH

TO APRIL

1952

28,

Noon

RESERVE

BANK

3,

UNDER

TREASURY

TO

TARIFF

ACT

1930

OF

Buying Rate for Cable Transfers In New York

Country and Monetary Unit

Value

United States

in

Borough Gas &

Queens

INCLUSIVE

1952,

•Announcement

Argentina peso—

$

.200000*

Australia,

pound

Belgium,
Brazil,
British

Ireland,

.0717000*

.0717000*

.0717000*

2.245000

2.244375

Closed

DIVIDENDS

.133333*

.0717000*
2.245000

2.243750

Dividend announcements are grouped

.0198375

.0198375

.0198375

.0198375

.0544060

.0544060

.0544060

.0544060

tables.

nounced during the

.329133

.329233

.329400

.329300

.329233

1.012578

1.015156

1.016875

1.018945

.210166

.210366

.210166

.209833

.144916*

.144916*

.144916*

.144916*

ously announced, but which have not

.00435401*

.00435401*

.00435401*

.00435401*

.00435401*

.00285625

.00285625

.00285625

.00285625

payment date.

.00285625
.238379*

.238379*

.238379*

.210460

.210640

.210660

krone

.144916*

«*

.210466

2.809791

.115707

.115707

.263250

.263400

.263400

New

.140154*

.140154*

.496766*

.496766*

.496766*

.0349000

.193269*
.229350

.229550

Union of South Africa,

tApplication

.229528
2.798000
2.808828

2.799553

2.808437

2.801323

2.797580

2.811601

Closed

2.798626

pound

Kingdom, pound sterling
Uruguay, peso
;
Uruguay, peso
Uruguay, peso

5%

.193269*

.229550

•

.0349000

.193269*

.193269*

.229600

United

.0349000

.0349000

.0349000

IIIIIIIII

2.811875

2,809453

5 %

.658327*t

type

of

.561797*t

.561797* t

,561797*t

,425531*t

.425531* t

.425531*t

.425531*1

merchandise.

**Temporarily omitted.

(In

thousands

of

dollars)
or

Mar.

Assets—
Gold

certificates

for

F.

+

9,000

+

1,467,850
80,832

R.

699,124

Holdings

New York

million

Cleveland

the

in

Total

Other

gold ctf.

$64

million

in

368,437

Govt,

+

24,687

40,349

+

3,604

100

+

1,269

Buda

—

1,309

by smaller amounts in all of the other districts.

—

Certificates

14,000

11,809,806

Notes

+ 11,809,806

5,068,073

Bonds

5,635,823

—

—

A summary of

1,629,098

Total U. S. Govt,

securities.

22,513,702

14,000

securities..

22,648,519

54,249

Mar. 26,

Due
F.

loans

from

R.

and

396,596

1952

1952

foreign banks

notes

9,921

3,687,469

Uncollected cash items
Bank

24~094
180,581

384,954

133

3,796

19,926

8,838

banks..

premises

Uther

assets

Total assets

+

1,566,610

Loans

Reserve Notes

79,024

24,337,091

Member bank—reserve accts.

U. S.

+

1,286,917

464,711

294,940

287,485
19,822

284,025

Other

211,252

+

20,650

deposits
20,882,617
Deferred availability cash items
2,926,578

136,754

Total

liab.,

Total

and

accrued

divs.

liabilities

Capital

Other

415,762

564,785

Capital

181,875

231,194

+

391,949

2,760

+

291,684

48,161,508

U.

+

Other

242,260

(Section

7)

5%

S.

note

6,316

+

189,960

purchased
correspondents
ances

7

+

397

-

—

—

+

—

+

—

14,092

Cash

+

42

+

75
579

14,984

Balances" with domestic banks

884

vault

2,686

+
+

8

+

62

+
—

28
113
1,075

+ 2,159
+3,711
— 2,287

7,071

Federal Reserve Banks

+

284

42
4
2

18,236

securities

in

+

120

27
2

—

+

4,092
3,711
5,922

bonds-....

28,320

+

285,175

49,159,613

+

24,439

+

2,508
466
834
12
568

1,566,610

Liabilities—

S.

Interbank

48.9%

0.1%

+

+.

2.3%

51,909
16,589
4,625

deposits adjusted
deposits, except government
Government deposits
demand

30

6,424

Cndustrial loan commitments..

—

—

202

24,319
+

3,677

+
—

demand deposit
Interbank
and
U.
S.
to

—

1,235
329

—

+

522

+

7
144

10,142

Domestic banks

Debits

+

2,422
937
122

—
—

1,496

105
388

accounts, except
Govt,
accounts,

The

condition

statement

of weekly

reporting member
banks of the Federal Reserve System in leading cities
shows the following principal changes for the week
ended March 26: Decreases of $268 million in loans, $579
million in reserve balances with Federal Reserve Banks,
$1,084 million in demand deposits adjusted, and $522 mil¬
lion in demand deposits credited to domestic banks, and
an increase of $872 million in United States Government
deposits.
Commercial,
creased

industrial,

in most, districts

and

and

a

agricultural
total

of

$105

loans de¬
million at

banks; the principal changes were
decreases of $39 million in New York City, $36 million
in Chicago, $11 million in the Dallas District, and $9 mil¬
lion each in the Boston and San Francisco districts. The
changes according to industry and

purpose are

"Other

Loans to banks decreased $120
loans" increased $27 million.
>

Holdings of Treasury bills decreased $48 million in
the Atlanta District, $42 million in New York City, and




Aroostook

1st

and

Mills

OF

TENDER

ref.

mortgage

Atlanta
1st

&

3 'A 7o

Charlotte

mortgage

14

Corn

Line

due 1967—

.May

1

May

1

due

1963

5-

1

4-11

7-

2

5-3®

4-

1

3-15

5-15

4-15

40c

Chicago

Ltd
& St.

5-1T

4-30

4-1©

5-

1

4-10-

5-

1

5-

1

—ii -a.

4-1©
*

?

Mines,

2

15C

(quar.)
(quar.)

6-

*■

0

.-Jo
$1.25

4-1®

6-15

6-30
4-30

f

Louis

(quar.)

—

4-11

$20c

4-30

4-15

$2GC

4-30

4-15

20c

5-15

4-19

$1.06'4

5-15

5^-lr

4-28

4- 14k

(quar.)

Ltd.

Inc.—

6%

De

(quar.).

(quar.)...

(quar.)

Di

Co.

Gasket

(quar.)..—
(quar.)

Co.

Mfg.

&

York-——

of 'New

Corp.

Inc

Shares,

Oilcloth

-

Ltd.—
preference (quar.)
■———

...

Linoleum

&

5%
First

preferred (quar.)
Inc
—
Telephone Co. (quar.).

5-

1

$2

4-

1

3-2©

4-

1

3-2®

6-12

5-12

4-21

4-11

13c

5-

4-2®

30c

4-30

4-

40C

4-10

3-29

25c

4-25

4-1®

3-20

W.

3-31
5-15

4-19

25c

5-15

4-19-

$2

4-23

4- 9

$37'Ac

55-

1

4-30

$$1

4-15
5-

4-15
5-

1

4-15

5-

1

4-15

5-

1

4-15

5-

5

30c

4-30

4-1®

4-29

4-15

65c

Finance,

4-15

4-

7-

1

6-11

60c

4-15

3-31

$1.25

4-15

3-31

4c

4-15

3-31

75c

4-15

4- C

15c

4-30

4-15

15c

Electric Light

Brewing

preferred
Steel

common

(quar.)—-Co.,

(quar.)
(quar.)

4-30

6 2'Ac

4-30

4-17

preferred

4-17

common

-

6-

2

5-12

5-

1

4-2©

5-15

4-17

$25c

1

4-

3

25c

6-12

6-

2

25c

6-12

6-

2

$1.50

6-30

6-18

10c

6-14

6-

$1.75

1- 1

5-2(1

$$1.25

Co., class A

(quar.)

4

$1

(quar.)—

(quar.)

(s-a)
Co.,

,

45c

(quar.)

(quar.)

preferred

—

(quar.)

Distilleries

;

•

common

Ltd.
(quar.)

3-31.

-

(quar.).—.

Co.

Inc.,

Wares,

preferred

(quar.)

Fund Shares—

Trust

preferred

common

(quar.)

1

4-15

IOC

Electric Co. (quar.)
4'A% pfd. (quar.).J$0.185625

A

Gas &

7

4-

j3-3L

25c

—

Hampton

Mutual

4-15

30c

(quar.)

Associates

Services

4

27c

preferred

—

preferred

4-1*

1

2c

Brewing Corp.,

B

1

35c

common

(quar.)

Inc.

Pitt

4-15

25c

Co.,

5%

Co.,

Glenmore

7'+

3-2®

,

Corp

Nut

Furnace

Gardner-Denver

6+

4-1®

1

65c

Industries,

Fitchburg
Fort

4-16

4-

51
62 'Ac

$40C

Stop

Federal

3-25

Ltd.—

Co.,

Ltd.—

Townships

&

3-25

5

Construction Co.',

participating

Exeter

5

4-

25c

—•——-——

—

Bakeries,

Falstaff

4-

4-

15c

$1.59 convertible class A

Esquire,

5

4-15

$1.75

——

B

Dividend

15c

$1.50

25c

Fruit Corp., class A

Steel

Disher

5-14

Corp.

(quar.)

Company

Discount

5-31

Securities Corp.—

Canada Tunnel Corp.

Giorgio

20C

15C

Phipps Stores, Inc., 5 Mi % preferredDelaware Power & Light Co. (quar.).—

Detroit

4

5-14

(N. Y.)—

Sons, common

&

B.)

Dean

Dexter

4

4-

$1.50

pfd.

5%

changed to Investors Funding

&

4-

5-31

75C

Service,

Inc.
Realty &

Vilblss

3-24r

4-15

40c

common

Dansker
Name

3-21
4-15

$1.50

(quar.)__

preferred

Coty,

13c
60c

(quar.)

common

•—

(C.

Globe-Wernicke

Ry.—

bonds,

«

5

20c

$1.40 pfd.

Exchange Bank Trust Co.

Class

series A,

4-11

(initial).

Quarterly
Cottrell

General

RR.—

1

(quar.)

Co.

W

Public

913

Page

5-16

5-

$25c

Electric Corp.

Co.,

Corp.,

Consumers

5 %

Date

bonds,

Air

33A%

.Apr

REDEMPTION

Company and Issue—
Alabama Great Southern

(s-a),

preferred (quar.).-—
—G.), Ltd., common (quar.)....
preferred A (quar.)—....
7%' preferred (quar.)...—
.........
Consolidated Dry Goods Co.
(extra).

4%

due 1961—

bonds,

mortgage 4'A%

PARTIAL

1st

Page

4-

6-10

$25c

6%

5%
Date

4-Mr.

4-15

50c

(C.

Conn

Elliott

Valley RR.—

available

in another press release.
million.

NOTICE

Company and Issue—

4-24

.

Gamble-Skogmo,

all reporting member

4r

20c

■'

Employers Group

called

3-31
4-

75c

Electric

Electric

bonds, notes,
for redemption,
including those called under sinking fund provisions.
The date indicates the redemption or last date for mak¬
ing tenders, and the page number gives the location in
the current volume (except where indicated) in which
the details were given in the "Chronicle."
stocks

1

———.t

preferred

6%
Cone

Elastic

list of corporate

a

common

5-

4-15

$1.75

Engineering-Superheater,

Preferred

and

2-29

System,

'g'3,i.DS«

Concord

Eastern

Below will be found

8

Bond and Stock Fund, Inc.—
12c from earned income and lc from cap-

Eastern

preferred

2-2®

4-

140

Quarterly

Notices

8

Quarterly

Eastern

Redemption Galls and Sinking Fund

4-15

4-

Composite

4%.

Condition Statement of Member Banks

4-15

3l/10c

Inc. (quar.)..—_.
Corp., $4.25 pfd. (quar.)

Pictures

Dominion

27,327

during week

4-11

5-15

(accum.)

preferred
J.) Co.,

Combustion

Class

Borrowings
8,023

.

9
872

+

+

deposits:

Foreign banks

on accept¬

for foreign

—1,084 *

3-31

1

5-15

$$1.50

—

Detroit

Demand
Time
U.

liabilities combined

Contingent liability

+

12

—

6,043

+

gold certificate re¬
to deposit and F. R.

serves,

1

31,961

securities—Total

46

—

+

....

notes

2

—

5,653

loans

with

270

560

Treasury bills
Treasury certificates of indebtedness
U.

—

3-31
5-

13c

4%

100

loans

Treasury

114

2

—

—

purchasing or carrying:

Government

S.

(B.

Jtal

73

27,543

capital accounts

of

1,989

\

+

193

+

538,342

13b)

for

estate

Other

Other

Total liabilities & cap. accts.

Ratio

—

3-2®

4-18

(quar.)..

new common

Cincinnati,

Gas

pur-

963

Loans to banks
U.

1,499,759

Accounts—

(Section

for

Government obligations

S.

Real

2,768

15,222

paid in

Surplus

2,162

obligations

securities

loans

Reserves

Surplus

2,089

+

Other securities

152,305
—

Government

S.

Other

670,217

19,811,640

Treasurer—gen. acct._

Foreign

Other

+

105

165

dealers

and

267

-—

1

(quar.)

Co.

Shares

Gold

Patricia

Columbia

3,530

+

4-

4-30

50c

9c

common

Gas

,

Columbia

•

Deposits:
S

brokers

—

+
.

4-11

(quar.).

Cos.

preferred

Cleveland,

agricultural

and

chasing or carrying:
U.

Federal

to

191

268

21,364

industrial,

Commercial,

—

35,245

Loans—gross

Liabilities—

Oil

&

Coghlin

—

1

16 'Ac

(quar.)
Ltd..

Electric

Central

1951

73,728

2

5-

com.

Machine

Insurance

$1.50

34,696

loans

285,175

49,159,613

Investments—Total

1

4-

56 'Ac

20c

Company,

Extra

and

Loans

Co.,

Central-Illinois Securities,

(in millions of dollars)

Loans—net

5-

1

25c

Co.,

Assets—

4

28

44,321

other

153,916

141,548

of

4-17

5-

•

Central

Ry..
Total

1

5-10

$25c

(quar.)

Carpenter Paper

Mar. 28,

Mar. 19,

5-

31'Ac

Breweries,

Canadian

dec. (—) since

400,160

3T»Ac

9

35c

Central Hudson Gas &

;

v

4-21

(s-a)

Co

preferred

Canadian

Inc. (+) or
.

1

$1.75

Gas

Adding
M.)

(A.

7%

ber banks follows:

651,708

5-

tlOc

Brewing

Canadian

assets and liabilities of reporting mem¬

9,929,160

$1

—

Company

Byers

securities:

Bills

4-3®

Tobacco—

Taunton

Burroughs

$71 million in Chicago, and a total of $144 million at all
reporting member banks.

purchased

5-

2

(initial) —
company is a merger of the Brock¬
Gas Light Co. and the Taunton Gas

Burger

Borrowings decreased $78 million in New York City,

5,224

Industrial loans

Acceptances

15,192

129,593

advances

and

+

4-3©

2

Light Co.

the

million in the Dallas District, and

9,000

22,115,375

reserves

cash

Discounts

U. S.

1,548,682

District,

4-15

6-

American

ton

4-1®

1

6-

(s-a)

preferred

Above

1

5-

5-15

$15c

25c

Quarterly

adjusted decreased $361 million in
City, $156 million in the Chicago District, $129

5-

$ 15c

deposit receipts for ord. reg
American deposit receipts 5%
pfd. reg...
British
Columbia
Forest
Products,
Ltd.—
•

deposits

Richmond District, $61

$ioc

♦

—

common

British-American

million at all reporting member
"other securities" increased $75

of

$1.25

—

Co

Corp.,

Brockton

Demand

+

21,416,251

fund

cotes

7%

total of $42

a

6-1®

50c

(quar.)..

^mmon

(quar.)
Ltd.

quarterly

W.)

(E.

Bondstock

million.

1951

1952

1952

Redemption

Apr. 4,

26,

Reduced
Bliss

$27 million in the San Francisco Dis¬
trict; there was a net decrease of $42 million at all re¬
porting member banks. Holdings of United States Gov¬
ernment bonds increased $27 million in the Atlanta Dis¬

but they increased

banks.

decrease (—) since

Apr. 2,

$27 million in the Chicago District outside of Chicago,

trict and
Increase ( +)

6-20

Telephone Co. of Pennsylvania—

Bell

Federal Reserve Ranks Combined

4-

Mines,

Laboratories

Baxter

Statement of Condition of the Twelve

4-21

4-25

,

.561797*1

.425531*t

upon

.658327*t

.561797*t

depends

Lead

4-1L

$1.25

(interim)—-—_
Anglo-Canadian Telephone, class A (quar.).
Argus Corp
Ltd
—
Atlas Powder Co.,
4%
preferred A-{quar.)
Atlas Plywood Co., common (quar.)
$1.25 preferred (quar.)
—
—
Atlas Steels, Ltd.
(quar.)..—
.
Avco
Mfg. Corp., $2.25 conv. pfd.
(quar.).
Badger Paint & Hardware Stores (quar.) —

.658327*t

.658327*t

Corp.,

Viscose

preferred

Anacon

.658327*t

preferred

non-cum.

American

3-31

4-30

80c

Ltd.—
(quar.)

Lines,

5

4-21

—

President

American

4-

$1

Co.
(quar.)
Casualty—

&

annual

Increased

.140154*

.496766*

.193269*

Sweden, krona
Switzerland, franc

♦Nominal,

.140154*

.496766*

Fire

Ho tier*

Payable ofRec.

50c

County

Allegheny

of

Co.

Distilling

American

.140154*

Philippine Islands, peso
Portugal, escudfc

Coal

American

2.780940

2.781559

2.784034

2.783930

2.780630

Zealand, pound
Norway, krone

lie

Fund

American

.263400

»■»

When

Share

of Company

Aberdeen

.115707

.263300

Navie

2.808750

.115707

Closed

2.803750*

_

peso

yet reached their
Per

.238379*

.210460

Then we follow witlR
previ¬

current week.

in which we show the payments

table

second

a

.238379*
•

•

.115673

pound

in two separate

indicate all the dividends an¬

we

.210166

Netherlands, guilder

i

first

the

In

1.010000

Finland, Markka
France, (Metropolitan), franc
Germany, Deutsche mark
India, Dominion of, rupee
Mexico,

.133333*

.0198375

__

rupee

Denmark,

.200000*

.133333*

.0544060

franc

Malaysia, Malayan dollar
dollar

Ceylon,

.200000*

2.244500

cruzeiro

Canada,

.200000*
.133333*

.0717000*

Free

tin Volume 174,

this Issue,

in

$

.200000*
___

*

W

Apr. 3

$

$

$

$

Apr. 2

Apr. 1

.133333*

Basic
Preferential

*2191*

Money

Mar. 31

Mar. 29

Mar. 28

101*

conv. debentures, due 1959 Apr
7
Electric Co.—
General mortgage 5% gold bonds, due July 1, 1952__Anytime
Sheraton Corp. of America convertible preferred stock-Apr 30
Virginia Iron, Coal & Coke Co.—
4% convertible preferred stock
Jun 30

American Phenolic Corp., 5%

(quar.)

5-

—

4

48

The Commercial and Financial Chronicle

(1476)

.

.

.

Monday, April 7,

1952

1

When

Share

Name of Company

Payable of Rec.

5%

Extra

of

—

America

North

Hagerstown

Gas

Brothers

Co.,

—

-————

(quar.)

—

Smith

5-

3-31

3-31

Taylor-Colquitt

J40C

5-

1

4-15

Thermoid Co.,

1

4-15

Union

of

1

4-24

United

Corp.

5-

4-

4-15

5-

8

15C

—

(Joseph)

Hunt

Foods,

5%

Co.

S.

Indiana

Steel

6%

Interstate

(quar.)

com.

Engineering

dividend

for

Corp

6 %?

ment

Gas

Inc.,

(quar.)

from

Electric

&

Co.

Corp.

——

RR.

International

(quar.)

Marine

$3.75

preferred

Mercantile

Stores

Merchants

Ice

Co.

Mount

Sons

Nathan

Rice

ordinary

net

Straus-Duparquet,

National

Bank

87y2C

5-

1

4-15

Addressograph-Multigraph

$3.50

5-

1

4-21

Affiliated Fund,

1

4-15

5-31

4-

3-13

4

45c

6-

2

5-15

93%C

6-

2

5-15

6-

2

5-15

6-

2

5-15

6-15

5-21

4-

2

3-25

5-

1

4-19

4-

1

3-25

4-30

4-19

4-15

4-22

5c

3-11
5-

555-

4"

5

4-12
3-28

1

4-15

1

4-15

1

4-15

1

4-10

4-30

4-15

Inc.

(quar.)

56'/*c
20c

(quar.)

4-30

4-15

5-

4-15

5-

1
1

4-15

series

6c

4-15

3-31

Low-Priced

series

7c

4-15

3-31

National

Speculative

series-

7c

4-15

3-31

6c

4-15

3-31.

First

Low-Priced Common Stock

Mutual

Neptune
New

Bedford

New

England

Gas

Electric

&

of

Northern

$1.50

Light

(quar.)_

Illinois

1

4-18

4-25

4-14

55-

1

4-18

5-

1

4-15

3-31

3-31

4-10

4-

preferred

(quar.)_

7%

1st

Mills,

All

Oil

Penn

Allied Stores
Aluminum

Amerada

37'/2C

5-

1

4-21

3-31

(quar.)—

8

50c

5-

1

4-18

10c

.____

;

Parke, Davis & Co._

Casualty Co.
Quarterly

1

4-

4-15

3-31

4-30

4-

5-

4-21

9

'20c

Telephone,
preferred
(quar.)

common

I

(quar.)

62 >/2c
25c

(quar.)

1

7-.1
5-15

4%
pfd.

5%

Corp.

Asphalt Roof Corp. (quar.)
Automobile

Quarterly
American

Co.

Bosch

American Box
American

Co.

Fidelity Co.
Home

3.90%

preferred

iquar.)
(monthly)

pfd.

preferred

Gas

Co.,

770

preferred

(quar.)
preferred (quar.)

770

American

Phenolic

American Rock

American

1st

preferred

American

$1.20

States

above

ported

dividend

in

the

incorrectly
as

Telephone
Quarterly

&

Telegraph

prior

Wire

&

Cable

5-

Pulp & Paper Mills, Ltd.—
Quarterly
Quarterly
Quarterly
;
Anglo-Canadian Telephone, 4'/2% pfd. (quar.)
Appalachian Electric Power—

5-15

5-

5

$1.32

preferred

33c

8-15

8-

5

33c

11-15

11-

5

12'/2c

5-11

4-

1

414 %

preferred

(quar.)_

75c

4-21

4-

5

4.50%

preferred

(series

Light,

E.)

3.35 %

$5

Mfg.

Co.

of

preferred

pfd.

(quar.)

Hampshire—
(quar.)_

-

Pile

Co.

1

Inc.,

new

com.

"("initial-quar.) Ill

(Canada),

redeemable

Republic

Supply

Rhode Island

A

Ltd.,

4-25

4-14

3-31

4-14

3-31
4-15

5-

1

5-

1

I—IllCo.

(quar.)

(quar.)

Loan

Class

Natural

A

4-15

4-25

4-10

4-

3-28

1

Gas,

s

common

f)

(quar.)_
(s-a)

(s-a)__.

1

Common

1

New

$5

common

5- 5

6-16

preferred

Ashland

Oil

9-

Associated

Ordinary

4-25

5-

1

4-15

15c

5-

1

4-11

414%

5-

1

4-11

570

4-30

4-11

50c
75c

—IIIIIII

4-11

4-

3

$50c

4-25

4-

4

4-

5-31
4-30

1

5%

3-22

Atlantic

4.35%

(quar.)
(quar.)

4-10

470

4-15

4-

47o

3772C

4-

1

3-26

1272C

_

4-15

40c
_

4-25

4-15

20c
—

preferred

preferred

$1,067*

4-

5-

1

1

4

3-21

4-15

4%

City

preferred
preferred

Atlantic

Coast

.

Co.,

4-

4-15

Atlantic Greyhound

Atlantic Refining

5c

4-15

3-28

25c

5-

1

4-16

5-

1

4-16

$1

5-

1

4-11

75c

4-15

4-22

4-10
4-

7

7-

7

10- 7

'5-1
5-1

4-

-/

(s-a)

(quar.)

4-18

1

4-15

5-

1

4-15

40c

4-12

3-31

$1.17 y2

4-15

3-31

$1.50

3-31

4-15

3-31

5-15

4-30

40c

4-25

60c

4-25

4-15

50c

_—

4-15

$1.75
37'/2C

5-

1

4-10

5-15

4-30

(quar.)_

Association

<s-a)__

tlOc

4-15

$15c

5-15

4-30

J 15c

5-15

4-30

f 15c

4-25

3-20

t50c

4-15

3-21

% 12'/2C

5-

1

3-31

130c

5-

1

tlOc

(quar.)—____

Power

5-

1

3-31

t31c

5-

1

4-10

5-

1

4-10

—

A

B

Cordage

(quar.)

(quar.)

Ltd. (s-a)
Co., Ltd.—

Lines,

Steamship

Ltd.

Corp.,

—

(s-a)

—

—

Bronze

Co., Ltd.,
(quar.)

(quar.)—

com.

—

t $ 1.2 5

3-31

pfd.

JS1.50

Ltd., com.

Industries,

4-15

3-31

3-31

4-15

3-31

+20c

(incr.)

4-15

4-30

3-31

$$1.75

(quar.)

Ltd.

$27 MtC
$25 '/2C

6%

Investments,

Fairbanks-Morse,
General

4-15

3-14

(quar.)—_

preferred (quar.)—
Ingersoil Rand Ltd—

(quar.)

preferred

———

$$1.75

4-15

3-14

(quar.)__ $$1.12 Va

4-15

3-29

$25c

4-15

3-31

4-15

3-19

—

AV2V0

pfd.

______

Co.—

(L.

Paper

E.)

Ry. (quar.)
(resumed)

Co.

9-18
4-10

$1.25

4-21

4-10

10C

4-30

4-15

5-

1

4-19

$1

—

8-

1

7-19

11-

$1

preferred (quar.)
preferred (quar.)

convertible

convertible

convertible preferred

1

10-18

50c

4-15

3-31

$12'/2C

5-31

(quar.)

Carrier Corp., 4%

preferred (quar.)—.
Food Products, Ltd.—
A
(quar.)

Catelli
Class

5-

1

—

Co.—■./.

470
;

(quar.)

& Ohio

&

6-18

10-15

50c

$1

Light, common

Clinchfield

7-15

$12'/2C

—

&

Power

4%

5-15

Class

$12'/2C

8-30

8-15

(quar.)

$12'/2C

11-29

11-14

B

(quar.)_

25C

5-31

5-15

Cla'ss

B

(quar.)

Class

4-14

(quar.)

A

Class

3-25

A

Class

3-14

5- 5

t5c

iquar.)_

com.

—___

470

7

3-31

5-

5

75c

Co.,

Cement

class A

Carpenter

7

4-

4-29

4-15

8

5-

Co.—

Power

Power

Insurance

Carpenter

4-7

30c

10-

(quar.)

Western

Carolina,

4-7

5-1
4-29

8

10-29

$ 12 '/2C

4-10

$1.1214

8

7-

4-15

Quarterly

9-15

156140

4-

7-29

r

Carolina

6-14

t50c

8

4-29

$12'/2C

3-15

$50c

10-

3-14

Canadian. Vickers, Ltd
Canadian Western Lumber

4- 7
3-28

$50c

8

10-29

3-12

4-15

preferred

77?

4-10

4-15

8

7-

Canadian

6-25

40c

4-

7-29

4-15

Portland

Canadian

4-3

7- 3

4-29

1

common

4- 1

5- 1

4-27

10c

Extra

3-14

6-15

B

(quar.)

+

$25c

8-15

11-29

11-14

75c

—

8-30

$25c

;

Caterpillar Tractor Co., common

6-15

4.207?

Celotex

5-26

4-

7

5-10

4-18
4-18

Cenco

4-15

Coal

7

4-30

4-

7

7-10

6-16

4-11

4-

40c

4-15

3-11

$$2.50

7-

2

6-19

50c

5-

1

4-30

4-

1

25c

5-31

5-

1

25C

Aguirre
Canada

Central

4-

25C

6-30

6-2

$1.19

4-15

3-31
3-31

—

Ltd.,

common
_;

CentfM

3-17

Co.,

4-30

5c

(quar.)_

5-10

$50c

(quar.)

Corp.

Central

3-31

$1.05

37'/2c

(quar.)___—_—

common

CeltiorKnitting

3-3

4-10

preferred
Corp.,

5 T^preferred

5-26

;

Sugar

(quar.)

Co.

Investments,

&

Coke

Central Hollywood

(quar.)
(quar.)_

5-1

4-8

Corp.

1

Ltd.—
(s-a)—___

4-15

Bldg.—

Monthly

25c

5-1

4-8

Monthly

$1

6-

2

'

4-25

common

series)

(quar.)

30c

4-15

3-30

$1.08%

5- 1

4-

$1

5-1

4-3

3

Central

Ohio

Stock

Corp.,

pfd.

pfd.

(quar.)

pfd. B

(quar.)

47?

Co., 3.757?

(s-a)____

Products

45c

$1

5-1

4-3

5-1

4-3

5-10

4-24

Chase

$1

4- 7

3-20

Chemical

93%c

5-1

4-4

Store

Fund,

4-10

3-29

4-

3-14

Inc.—

Investment

preferred
National

4-15

25C

(quar.)_„

dividend

$2.50

Chain

_

5%

Steel

Century Investors,

$1

(quar.)

570

_

CentrgJ Kansas Power, 4% % pfd. iquar.)
Central Ohio Light & Power (quar.)__.

41/27'

RR.,

3-28

1

Electric

2214c

v

(3rd series)
Line

3-28

4-15

'

(quar.)

(2nd

4-15

$1.50

5^preferred (initial s-a)

(quar.)

preferred

1

15c

Ltd.-^-

(quar.)

Electric

9

4-

5-

Canadian

Ltd.—

(quar.),

preferred

4-

5-

Canadian

1

7 7?

al2'/2%

Co.,

1

4-15

t50c

Ltd.,

Canadian Refractories,

25c

(final)
Telephone

5-

10c

120c

Oregon

Canadian

5- 9
4-11

10070

Atchison, Topeka & Santa Fe Ry.

$10

I

A

Associated

9

50c

——

Extra

Co.

Industries,

4-

t20c

Mills,

Northern

Class

4-11

4-10

25c

(quar.)

Electrical

1

25c

quar.)

dividend

Corp.

5-

+37'/2c

class

50c

12- 1

$1.25

Refining

Stock

Aspinook

3-18
3-31

75c

Foils, Ltd., common—

Canada

1

50c

(quar.)

&

4-16

1

4-10
4-15

(quar.)

partic

Canada

6- 1

8%

dividend)

(initial

5-

$1

"

4-15

5-15

30c

(stock

3-31

preferred (quar.)
preferred (quar.)_____—_4_-__

Fire

Canada

4-15

5-

60c

&

Hegeman Electric Co._
Art Metal Construction
(quar.)_
Ashland Oil & Refining—
'

$1.16
(quar.)_

liquidating distribution
Company (quar.)
Schaeffer Stores, 6% preferred
(quar.)




$2

Association,

Sharp & Dohme, Inc., $4.25 pref.

Arkansas

50c

(quar.)_

Sargent &

Louis)

35c

5-

$1.1214

with

2-29

4-15

Participating _!

.

3rd

Container, class

5-15

125c

—

Remedial

3772c

t25c

(Calif.)

(St.

4-21

(quar.)

Electric Protective

Seven-Up Bottling

4-21

1

common

preferred

Stix, Inc. (quar.)
Rockland Light & Power
Co., com.
4.65%
preferred
(quar.)
S. & W. Fine
Foods, 4% preferred
St. Joseph Stock Yards
(quar.)
St. Lawrence
Corp., Ltd.

Seaboard

1

5-

1272C

(quar.)

Rice

Francisco

4-30

5-

1272C

Top Brewing, class
B
(quar.)

Reitman's

5-15

50c

(quar.)

Class

Ltd.,

5

4-

84c

__

Concrete

Rayonier,

San

4-

4-15

Arrow-Hart

Extra

5%

4-15

""

25c

Raymond

Red

$1.25
25c

_

Co

New

60c

3-20

10c

(quar.)__

2-29

8

—

______

preferred (quar.)
Packing Corp.

Canada

Anglo-Canadian

5

$1.32

(G.

4-15

75c

6-13

5

Service

5-31

$2.25

Co

5

Public

4-18

$1.75

(s-a)

2-29

8

4-

f40c

preferred

Camden

Co.—

Anchor Hocking Glass
Corp., com.
Angerman Co. (quar.)__

8-

Prentice

1

6- 2

5-

$1.25

Amoskeag Co., $4.50 preferred

8

4-

(quar.)

pfd.

Special

re¬

(quar.)

4-

(initial)——————

Co.

Linen

California

4-18

12-15

$2.25

preferred

Is

I'

75c

(quar.)

—

Woolen Co.,
Inc., 7% pfd. (quar.)
Zinc, Lead & Smelting Co.—

American

2-29

2 '/2 %

—_——

77?

payment

a

8

+$1.50

Inc., 6%

California

stock.

11-

Gas

5- 1

9-15

30c

was

4-

4-

2'/2 %

(quar.)—______
6% preferred (quar.)

3-31

4-15

20c

(Indianapolis)

previous issues

common

American

$5

Co.

3-2T

f50c

1st

$4.70

1

75c
$1.75

(quar.)

10-15'

4-15

Is

—

1

4-15

t50c

Co.

preferred

$3

4-14

20c
com..

(quar.)__

Ins.

preferred

The

Corp.
(quar.)
Corp

Wool

Smelting & Refining Co.,

8-15

Portland

1

$1.75

11-15

(quar.)
preferred (quar.)
Resistoflex Corp., 57c conv. pfd.
(quar.)
Piedmont & Northern Ry.
Iquar.)_____

5-

$1.75

25c

$.1.32

4-

$1.75

25c

preferred

4-15

25c

(quar.)

11-

40c

t50c

California

American Paper Goods—

preferred

t25c

Co., Ltd., class A

California

1

45c
3772c

_________

7-15

Co

Calgary & Edmonton Corp, Ltd.

Y.)—

(quar.)

com.

(quar.)
Co.
(bi-monthly)

News

4-15?

933/*c

(quar.)

2nd

80c

1

$1.127a

(quar.)

(N.

1

1

17'/2c

Gas

Plan,

Terminal

$1.50

4-24

1272e

Natural

American

44-

5-15

$1.25

47270

Quarterly
American

4-15

25c

Insurance

3-21

58-

tlOc

A

.Caldwell

*

4-15

977»c

(quar.)

National Fire

4-15

t25c

—

Class B
Bush

4-21

5- 1

2

4-10'

t50c

Co

American Metal Co., Ltd.,
American

.

4-

4-18

$25c

——.

Class B

5-15

6-1

1
1

J50c

Foundry Co.—

(initial quar.)

common

preferred

'

15c
15c

(Vt.)

55-

50c

Telephone—
preferred (quar.)

Watch
&

Class

3-31

30c

(quar.)

American-Marietta

30c

4-16

37'/2c
—

(quar.)

preferred

Burns

3-20

4-15

$1.25

Products
&

'4-15
V'

3772c

(quar.)

common

(quar.)

Machine

1

$1.25

(quar.)

Corp.,

4-30

30c

*

Warehouse

Borough

A

Bulova

5-7
4-16
4-15

25c
Louis).

Board Co.

Can

American

(quar.)

(St.

________

Book

American

Y.)

(N.

Insurance

5- 1

&

3-21

6-1

1272c
50c

_

„

Alliance

(quar.)
preferred (quar.)

$1

„

(quar.)

4-21

$25c

(quar.)_

(quar.)

Insurance

12-20

75c

pfd.

American

Anaconda

(New Hampshire)—

Peninsular

Sugar,

Petroleum

American

Transport Co.—

Bottling—

Peerless

4-

4-15

45c

&

4-15

Canada,

American

3-28

$1.12'/2

of

American

7%

1

Corp., common (quar.)

Co.

1-2-53

4-16'

Co., common..—_
iquar.)__
—
Bullock's, Inc. (Los Angeles), 47? pfd. tquar.)

6-20

$3

_____

7- 1

4-15
4-18'

(quar.)

Corp. (quar.)
(quar.)_—_____

Class B
(quar.)
Buckeye Steel Castings
67?

4-10

$3

(s-a)

guaranteed

1
1

4-30

Columbia

2nd

Class
,

3-19

4-15

55-

50c

Co.

Budget Finance

6-13

4-19

3c

(quar.)

6-30

25c

Gas

(s-a)

Amalgamated

67o

9-15

$3.50

Inc.

&

Allegheny & Western Ry.,

570

10- 1

4?

30c
"

County Trust Co., new (intial s-a)__
Brooklyn Union Gas Co., com. (quar.)
5%
conv.
preferred
(quar.)__.
Browing-Ferris Machinery, com.
(quar.) —

4-18

$2.50

(s-a)

5- 1

4-

3-31
3-31

Bronx

4- 7
4- 7

4-24

4-15
4-15

+62'/2c

<quar.)_

pfd.

preferred bearer

6%

4- 7

4-15
4-15

25c

Dock & Shipbuilding
preferred (s-a)

4-15

10c
15c

(quar.)

4-15'

*25c

Mines, Ltd.
______
Roofing, class A (quar.)

Brooklyn

3-21

25c

(quar.)
com.

W.)

1

—

A

British

3-18

4-21

570

class A

Co.,

3-14-

4-18.'

5-

tlOc

_______

bearer (interim)
registered (interim)—
(s-a)
_?
570 preferred (registered) (s-a)
British Columbia Power, class A (quar.)
5%

4-15
4-10

4-10

4-18-

1

Ordinary
Ordinary

Payable of Rec.

5- 1
5- 1

1

5-

50c

(quar.)

(quar.)—
Class A (quar.)
—
—
Bridgeport
Hydraulic
(quar.)
Bristol-Myers Co., 3%% preferred (quar.)
British-American Tobacco, Ltd.—

Dry

Alabama

on

(s-a)__

$1; preferred

4-18

50c

Petroleum

Coca-Cola

1

(Spokane)

(quar.)

preferred

$1

5-

$1.25

convertible

Corp.

15c

$2

Insurance Co.

67c prior pfd.
Aggregates, Inc.—

American

4%

3-31

50c

Associated,
Coast

Panama

4-10

1

20c

Company

Pacific

72 7c

$1

1

37'/2C

common

(quar.)

—

Pacific

4

5-

5-15

40c

Title

Quarterly
Oilgear Company

Pan

3-31

5-15

10c

(quar.)

(quar.)

Engineering

Northwestern

interest

(reduced)

Corp.,

preferred

-"Packer

4-15

5-

Class

5-

4-15

20c

(quar.)

Ltd.,

(George

Brantford

3-14

4-18*

f 50c

(quar.)

reducedi______

<

Ribbon,

Bralorne
-

H olden

When

75c

(quar.)

(quar.)
& Youngstown RR.—

Canton

770

beneficial

Newport Steel Corp.

Northwest

(quar.)

Fund—

Certificates

Outlet

4c

Co., common
preferred (quar.)

37 '/2c
60c

Meter

$2.40

series

Fund

Trust

1

1

1

50c

Co.,

Inc.

A

Ami

Borg

5- 1
6-15

55c
50c

(accum.)

(quar.)

preferred

New

Series—

National

National

5%

American

10c
20c

pfd.

Class

list does not include divi¬
these being given in the

Air-Way Electric Appliance Corp.

American

and

5-15
7-

6c

Inc.,

Watch

Foods

Canada

$1 preferred A (quar.)_'___
Black, Starr & Gorham, Inc.—

-

5-

5-

$1.50

(quar.)'

of

Biltmore Hats, Ltd., common-—

2- 2

15c

50c

.—

Works

Iron

8torage

Best

1

75c

(quar.)

fquar.)

Co.

Boston

11-17

3

45c
.

common

preferred

11- 3

Inc

Mfg. Corp.

preferred

Alabama

Co.,

Telephone

Benrus

(quar.)

(quar.j

Edison

Corp.

Corp,

1st

common

5-10

Apartments—

Boston

(quar.)

convertible preferred

Akron,
7%c

J20C

—

income,

profits.
Electric,
472 7c

Securities

87y2c

4-15

6-14

Foods

Belmont

Acme Aluminum Alloys, Inc.—

4-15

5-

Corp.

Corp.-

1

Share

4-15

Associates,

4-15

Bell

dividends announced in previous

give the

we

1

670

5-

Optical,

Petroleum

1

Name of Company

Air

i

3-21

8-

Per

1

4-

3-28

$6

4-21
4-21
3-28

15c

1

5-

4-15

5-

...

1

$1.50

(quar.)

4-2

$1.25 2-16-53

Rubber

5-

6-12

5

15c

12'/2c

Lomb

&

8-15

(quar;)__#

5-

$1.10

(quar.)

.

A

Brothers

Ainsworth

5-

Bon

___

5-

$1.20

preferred

$6

preferred

Extra

$1.10

2

Blue

preferred A (quar..

Adams-Millis

6-

5- 1

...

4-17

$1.12 '/2

pfd.

security

National

4-30

J 75c

Bay

preceding table.

'/2C
——

(quar.)

Narragansett

20C

4-1*;

4-30

5-15

25c

Inc

—r.—

Power,

from

4-11

5-

25c

—

Mines,

—

preferred

from

1

6-14

$1

$1.06'/*

(quar.)

Mills, Ltd
Mutual Investment Fund, Inc.—
10c

3-31

10c

(quar.)—
Lode

Corp

Royal

4-15

1

5-15
5-15

...

weeks and not yet paid. The
dends announced this week,

$1.50

Monongahela Power, 4.40 7c
4.507c
preferred
(quar.)
4.80 7c

4-15

Storage—

(quar.)
474 7c preferred

Mother

Montana

4-20

5-

6- 2

—

(quar.)

common

(quar.)

Below

6-10

t50c

—

Innes, Ltd., $1 class A (s-a)
Bathurst Power & Paper, Ltd., class A

4-15
4-17

50c
$25c
75c
$1.25
$1.25
$1.25

4-10

6-20

5- 1
>5- 1

$1.37'/2

____

3-31

5-21

7- 3
4-30

(quar.)

4-

3-14

4-15
4-21

(monthly)

(Calif.)

4-

(quar.)

Guaranteed

Products

&

4-20

(quar.)

4-21

4-15

15c

(quar.)

Bates &

3-14

4- 1

1

40c

(quar.)

common

5c

Co.

7-17

A

4-20

1

4-15
6- 2

4-4
5- 1
5- 1

—

50c

Co.,

5c

Oil

4-17

A

5%

Co.

Trust

-5-15

preferred

Whitehead

(quar.)

5c

Basin

9-30

1

5-

93%C

(quar.)

(quar.)

Cold

&

Rhoads,

(I.)

1

5-

25C

series)

6% preferred (accum.)
Meyercord Company (quar.)

Mission Dry

10-

2c

Communica¬

(quar.)

Mindanao

6-30

85c

(1947

preferred

Miller

3-14

1

30C

60c

Ltd.,

$3.40

&

5-10

2

3-31
7-

$1.06'/*

Amer. dep. receipts (final)
May Department Stores Co., com.
(quar.)
$3.75 preferred (quar.)_
Co.,

Miller

6-

30C

$1

(quar.)

(quar.)
Consolidated Mfg. Co.

Middlesex

*25C

4-l5»

17 72c
20c

preferred

5%

1

4-25

1772c

5%

Electric—

preferred

tion

Western

RR.,

5-

20c

—_J

(quar.)...

1

Pacific

4-21

5-15.

—

com.

RR.,

.

A

50c

(quar.)—
Lincoln Printing, $3.50 preferred (quar.)
Louisiana State Rice Mills, 7% pfd. (s-a)Nashville

Northern

&

class

Ltd.,

3iy*c

(quar.)
(quar.)

preference

&

Falls

Common

4-30

Monthly

5-1S

4-1

30c
75c
$1.25

(quar.)

1

IOC

(quar.)_

common

Luzerne County Gas &

Cedar

Waterloo

$1.12 y2

4-10

Beaux-Arts

$3

preferred (quar.)
Warren Tool, $5 preferred

(quar.)

4-15

Beatrice

(quar.)..

common

4-

3-31

6- 2

62'/2c

(Wise.),

4-21,

4-30

Montnly

3-27
3-31

4-30
6-16

$57c

(quar.)

Co.

3-24

(quar.)_.—

$1.12%

4-25

$3 prior preferred

4-

4-21

4- 1
4-10

held

meeting

4-10

31%C

(s-a)

convertible preferred

Co.,

Mfg.

7

15c

Bankers

the class A and

at

Wesley Mason Mills, Ltd., 5'/2% pfd.
Kentucky Coal Co. (quar.).
Western
Canada
Breweries, Ltd...

Mfg. Co.—

Printing

Walker

4-21,

4-

4-30

Baystate

on

——

15c

Bausch

—......a..,

stocks

4-21

1

57?

Bangor Hydro-Electric

Inc.—

common

(quar.)

Co.

Bartgis Brothers Co.

25c

West

30c

(quar.)-.

Inc.

Plante-Choate

Mapes

4-16

45c

(quar.)

(quar.)
47c preferred

Stores,

Marconi

5-16

1

invest¬

net

(quar.)

common

Kobacker

474 7c

4-15

2

7c

Company,

Louisville

4-30

6-

15'/2C

preferred

$3.50

3-21

5%

4- 3
4" 3

—

5%

derived

Products

5%

1

4-

5-

held).

—

Lincoln

3-21

Inc.—

is

Kingston
La

5-

1

3c

Kennedy's,
&

2

(one

B

Brothers, Ltd. (quar.)
Oil Refining (quar.)-—
Quarterly
———————
Johnson Ranch Royalty

$1.25

2

64-

B

April 2.
preferred

5-15

1

5-

Baker Raulang Co. (stock dividend)
Baldwin-Lima-Hamilton Corp.
iquar.)

1

4-14
4-14

Pfd. (quar.).
dividend)507*

4-10

and

Jenkins

Kingan

on

Waterous,

Johnson

Extra

class

20c

Y.)

N.

(quar.)

Directors took no action

5-15

5-20

Mfg.

Extra1

*.]

$1

(stock

(quar.).;

preferred

Laboratories,

5-31

40C

income)

Iowa-Illinois

5-15

5-31

Verney

6-10

$1.12'/2

A

preferred

Mutual,

(Distribution

4-15

Title & Guaranty Co.

shares

100

convertible

Investors

class

on

Security

each

1
1

5c

Corp., common
preferred
Investors Funding Corp.—
of

Walker

55-

20c

(quar.)

4'/2 %

share

472%

$1.25

Co.,

Telephone

Interchemical

Stock

4-18

prior pref.

conv.

(quar.)—-

(L. S.) & Co., 414% pfd.
414 % preferred (series 1947)

4-11

SI
15c
$1,067*

class A
Co., 4 7*70
Co.

Inc., com.

Ayres

Corp. of Canada, Ltd.—

1

$1

$1.20

1

5-

$55c

(s-a)

Co.

&

6-

15c

30c

15c

preferred
Nichols

Axelson

3-30
4-10

5-10

514%

4- 7

8''??

—

(quar.)

(Brooklyn,

Works

Iron

Dorn

25c

Co.

preferred

4

4-lb
3-31
5-1

50c

(quar.).

Corp.,

Pictures

4-21

12 '/2C

Bank

Insurance

4-

4-15

4- 4
4-15

Payable of Reo-

Wholesalers, Ltd.—

Baldwin Rubber Co.

preferred

Universal
Van

4-15
4-30

(quar.)

Radium

S.

Austin

ljjc

Quarterly
U.

4-21

50c
6272c

—-

(quar.)

(quar.).

$4

preferred

12 '/2C

(quar.)
Co.
(quar.)

Products

Ingersoll-Rand

preferred

Industrial

S.

4- 1
4- 4

Share

Name of Company

Cigar-Whelan Stores—
Finishing,

Universal

30c

$4

California

1

4-

1

5-

2

Co.

4-15

4-15

5-

25c

preference series A

Inter-Mountain

5-

U.

4-15

9

25C

pfd. (quar.)preference (quar.) —

Power,

5%

Inc.,

1

5-

$1.25

(quar.)

Lighting &

5-

25C

(quar.)

Holyoke Water Power (quar.)
Horder's, Inc.
(quar.)
Houston

4-17

1

5-

20c

quar.).

Higbee Company,
common
5%
preferred
(quar.)

Home

Oil

$3.50
U.

1

56V*c

(quar.)

Mfg.

—-

Co. (quar.)..
$2.50 conv. preferred

5-

—

4-15
4-15

5- 2

40c
$1-80

——

Atlantic

'«jc

(quar.)..

4-15

5-15

T/o

Corp. of America—
4'/2%
preferred (initiaj
Mfg.

Co.

4-15

5-15

$1.37'/2

25c
50c

(quar.)

Inc.

Hungerford)

+$3

6-16

6-16

Hat

Hayes

(J.

$$1.50

75c

60c

.—

preferred

(A.)

Hetterick

Foods,

Southdown

1

Sugars, Inc.-—
Springfield Gas Light (quar.)
Sunset Oil Co., $3.60 pfd.
(accum.)
Supreme Sunrise Food Exchange—

25c

(quar.)

common

preferred (quar.)
Company, 5'/2%

$2.40
Harris

(quar.)

$1.60 pfd.

Ltd.,
Co

Products,

6-14

1

5-15

Payable of Rec

Holder1

When

Per

Holder»

Share

Name of Company
Shedd-Bartush

IV/2O

—u————

-

Gurney
Halle

(quar.)—,

1

$1.25

(quar.)

Rubber Co., common

Co.

7-

$2.50

(s-a)

Goodyear Tire
$5 preferred
Guarantee

(quar.)

common

preferred

15c

15c

Goodall Rubber,

5-

5-15

When

Per

Holdert

Per

5c

4-29

—^_.

56 '/4C

.4-29

(quar.).

40c

5-

13C

4-15

Corp.,

common—

(quar.)

Bank

Inc.

(N.

7

Y.)

(from

net

invest

1

4-15

4-15
4'-

4

t

3-27

Volume 175

Number 5105

.

.

The Commercial and Financial Chronicle

.

Per
•

Name of

Company

Chesapeake

Corp.

Chesapeake
Chicago

of

Virginia

Ohio Ry.,

&

(increased

Corp.
A

Class

4-15

3-30

$4

50c

5-15

5-

5

$3.25

87%c

5-

1

4-

4

5-

1

4-10

50c

4-16

4-

1

50c

7-16

7-

1

(quar.)

quar.)

Class

A

50c

:

:

(accum.).

10-16

50c

Milwaukee,

Chicago,

"

—

(accum.)

St.

Paul

Chemical

20c

pfd.

(accum.):

A

Per

&

Pacific

RR.

10-

12-16

12-

Co.,

2nd

Dresser

preferred

Industries,

3 3/4 %

preferred

Drexel

Furniture

(quar.)

Ducomun

1

du Pont

$1

4-25

3-31

20c

4-18

3-21

25c

de

I.)

Cotton

Oil

Quarterly
Cincinnati

Co.

(quar.)

Fund,

Extra
Gas

Cincinnati,

Electric

&

New

(quar.)

Orleans,

Texas

&

East

4

Eastern Air

9-

3

Eastern

4-30
4-30

4-24

4'A%

50c

_

Cincinnati

5

6-

15c

(quar.)__

3-

7-15
10-15

5c

Inc.

4-15

25c

—

5-15

4-15

Electric

4-24

'

Ekco

Life

preferred

(quar.)

$1.25

6-

2

5-1?

1%

1st

5%

preferred

(quar.)

$1.25

9-9

8-15

6%

2nd

5%

preferred

(quar.)__

$J 25

Circle

Bar

Knitting,

Ltd.,

City Title

Insurance

Clearfield

&

Mahoning

Ry.

Clinchfield

Coal

Corp.

4-31

4-25

4-15

7-

1

6-20

1-2-53

12-20

5-15

4-18

7-

6-

7'Ac '■

*

Electric Illuminating

4-15

' t50c

(quar.)

(s-a)

preferred (quar.)

11-14

$1.50

(s-a)

Y.)

1

Semi-annual

Cleveland

$4.50

(N.

1

$1.50

A

class

Co.

Co.,

65c

common

$1.12'A
25c

:

(quar.p

_

Extra
Club

Aluminum

Products

Bottling

Cockshutt

Co.____

(St.

Louis),

$3".50

preferred

(quar?)_

Southern

&

Combined

Electric

Ohio

(T.

6-30

6-17

Eversharp,

Inc.,

3-21

Factor

$5

$1.32

Edison

preferred

Commonwealth
Concord

7%

Concord
dend

Fund,

Inc.

Quarterly -

3-27
4-

5-

1

3-28

5-

1

3-28

$5c

4-15

75c:

5-15

12c

4-21

*

Assn.

;

t$3.75

6-15

6-10

9-15

$2

5-

1

4-

4

51c

'5-1

4-

4

50c

5-

1

4-

4

"""47'Ac

5-

1

4-

4

'

$1.80

preferred

$1.50

B

(quar.)_____

(quar.)

Consolidated
Consolidated

Edison

preferred

Consolidated

Corp.
of

Co.

N.

iquar.L

5-

5-

preferred

4-10

5-

1

5-15

"

50c

6- 2

15c.

,

3-31

$50C"

4-25'

Continental

Life

31'Ac

(N.

Insurance

Y.)

(quar.)_
(Toronto)—

4-

•;

5

5-15 r

'

4-16

1-

1"

7-15

7-11
4
4

.

<

90c

4-25

____

$1.75

4-15

4-

::

Electric—

dividend

preferred (quar.);
Corporate Investors, Ltd.,

County

Cc.

<N.

Crown
Crum

Cork
&

Seal

&

Forster,

Inc.

preferred

7%

Class

A

Class
Class

A

Power

Dayton
Denver

A

Detroit

Co.,

6 %

$1.12'/2

4-15

4-

2

5-15

5-

5

4%

5-15

5-

5

5-

Dodge

Co.

Cox

Co.,

Dominion

Ltd.

Glass

Dominion

7%

6-15

6-14

12-15

12-15

&

preferred

preferred

8%

class

B

preferred

6%

preferred (quar.)
class A preferred
class B preferred

5-

5

8%

8-

5

8%
6%

4-

2

6-14

9-20

9-15

5-15

5-

1

preferred (quar.)
Graham-Paige, 5% conv. preferred (accum.)
Grand Union Co., 4'/2% preferred (quar.)—
$2.25 preferred (quar.)
—

4-30

3-31

Great

4-30

4-17

Green

5-23

4-30

$38c

-

4-23

3-31

7

$30c

5-15

4-30

(H.

L.)

Steel

4-30

Guardian

4-15

Gulf

4-15

$$1.12'/2

4-15

3-25

$40c

4-15

3-28

$35c

4-15

3-28

$25c

5-

(quar.)

common

1

4-

4

8-

1

7-

4

(quar.)

$$1.25

5-

1

4-

4

(quar.)

$$1.25

8-

1

7- 4

4-15

3-15

Corp

&

Coal

«

Corp.,

Textile

preferred

Chem.,

$$1

Ltd.—
$25c

Ltd.,

com.

Co.t Ltd.—
(quar.)_




&

Ohio

Oil

(quar.)

4-

4-15

3-31

3-31

33A%

933/4C

4-15

3-31
3-31

8

5-13

6-

2
2

4%

8-13
11-13

4-23

3-31

$37'/2c

5- I

.4- 1

4-15

3-14

Hussman

5-

1

4-18

Huttig Sash

5-

Car

Door

4-14

5%

preferred

4-12

5%

preferred

7-

1

6-15

10-

1

4-30

4-15

3-14

4-10

Indiana

4

preferred

Schaffner

&

Electric

Hartford

Steam

1

3-28

4-30

3-27

1

4-15

Insurance

Co.

50c
50o

America

3-31

International
International

6%

Harvester

Milling

International Nickel

<

Co.

1

International

Packers,

5-15

5-

1

International

Power

5-

4-16

3-14

4-16

3-14

50c

4-15

3-14

$1

4-15

3-31

5-

1

4-

5-1

(quar.)

pfd.

4%

t$1.75
30c

4-

International

4-15

4-30

4-15

4-15

4-

5-20

9-10

From

capital

3-15

4-15

3-15

*75c

4-15

3-15

17C

4-15

3-31

income

out

gains

of

security

1951

1

4-15

$2.50

$2.50

3-

7

5-23

5-

(Providence,

preferred

R.

55c

4-15
4-15

50c

7-

1

6-20

4-30

4-16

4-

7

5- 1

4-

7

Jewel

; 5-21
3-31
3-31

1

3-31

5-30

6-28

4-25

10-17

1

1

5-

1

4-30

5-

1

11-

5-

3-31

5-

10-17

15c

4-10

5-

1

133/4C

1

1

11-

(quar.)__

preferred

conv.

5-

6-10

7-18

7-18

Heintz,

4-14

$1
75c

Co., common (quar.)
preferred (quar.)

4%

7-18

93 3/4 c

5-

1

4-17

50c

(quar.)

4-

7

4'/2 %

1

4-

1

4-25

4-10

$1.12'/2
25c

4-25

4-10

Kellogg

5-15

4-21

4-

5-15

4-15

3-31

4-

7

3-31

$1.50

4-

7

25c

4

3-31

7-

1

6-15

4-15

5-

1

5-

1

4-15

4-15

3-24

10-

common

Co.—

3 Va %

preferred (quar.)
3'/2 %
preferred (quar.)
3'/2 %
preferred
(quar.)
Kennametal, Inc.

4-10

Kentucky

Stone

4-

8

3-15

Kentucky

Telephone,

4-

8

3-15

6-10

5-28

6-10

5-28

$1.50
$2
$2
$1.50
$2
$2
$1.50
31'Ac
56'Ac
56'Ac

6-10

5-28

12-15

6-20

6-10

37'Ac

4-15

4-

$1.30

4-15

3-31

4-23

4-

75C

(quar.)
pfd. (quar.)

9-10

8-28

9-10

8-28

9-10

8-28

12-10

11-27

5%

5-

1

4-10

$2.50

7-

1

6-20

preferred

King

Seeley

Knott

11-27

Kress

12-10

11-27

Kroger

1

4-10

(s-a)_—

preferred

Co.,

&

preferred

Kroehler

3-20
4-15

Labatt

La

(John),

1

50c

6-

2

5-

6

1

5-26

4-15

6-25
9-24

12-23

12'Ac

4-16

4-

7-

2

6-13

4-10

3-28

J25c

University

6-30

9-30

12-30

IOC

(quar.)—

7-10

9

6-27

Superior

Mines.

&

Ltd

12-26

4-15

3-14

class

RR.

(quar.)

4-

1

4-15
4-10

3-21

15c

6-30

6-16

—

1

(quar.)

A

35c

37'Ac

Ishpeming

Company
(Alfred), Inc.,

9-26

1-10-53

JlOc

—

10-10

10c

15c

(quar.)

6-30

6-16

Class
■

5 •15

5-

5

A

(quar.)

15c

9-30

9-16

Class

B

(quar.)__

15c

9-30

9-16

Class

A

(quar.)

15c

12-31

12-17

15c

12-31

12-17

Class

Co.—

4-19

4-

5

B

Lamston

(quar.)

(M.

H.), Inc.,

$6 pfd.

$3

(s-a)

Machine

Co.

1

4-30

25c

$1.12'/2

4-15

3-31

40c

5-12

4-18

683Ac

5- 1

4-15

40c

4-15

4-

& Ins. Co.
5

Quarterly

com. (stock dividend) —
(quar.)
—
Langendorf United Bakeries, com. (quar.)__
$1.80 preferred (quar.)
—
Lane

Bryant,

4'/2%

Lee

3-31

-

Rubber

Extra

Inc.,

preferred

&

Tire

Corp.

5-15

5-

5

25c

(quar.)

.

4-15

5-

8-15

8-

5

25c

Landls

37'/2c

5-15

1

10c

Shore

B

2

5-

10c

Lake

Class

3-19

6-

$1.12'A

Quarterly
Quarterly
Quarterly

Lambert

3-28

7

$1.12'A

Ltd.

Extension

1

4-

$1.12'A

—

preferred

Salle

3-31

5-

$1.75

4'/a%

4'/2 %

4-15

25c

(quar.)—__

1

1

4-10

%2o

(quar.)

5-

3-27
5-

6-20

1

75c

Co.

2nd

7%

4-15

4-15
5-15

1

5-

50c

—

Mining, Ltd. (s-a)
Corp.
(reduced)—

30c

5-

7-

$1

(quar.)

(quar.)

Corp.

H.)

(S.

9

$2.50

(s-a)

Lake Gold

Hotels

12-10

common

8

Corp.—

convertible

Kirkland

—

(quar.)

A

& Supply,

Kimberly-Clark
4%

5.20%

class

Co.,

Keystone Pipe

common

Mfg., 4'/2% pfd. A (quar.)
preferred A (quar.)
A (quar.)
Krueger
(G.)
Brewing (quar.)

$1.25

9-15

1-1-53

25c

87'Ac

:

Key Company

Fibre

Co.,

1

87'Ac

10c

4-30

Lake

—

5-15

1

6-1

$1.50

preferred (quar.)

Lambert

Lithographing Co.—
convertible preferred (quar.)

1

6-

$1

City Southern Ry. Co.
4% preferred (quar.)
Kansas City Structural Steel,
6% preferred (quar.)

9-10

Boiler Inspection

6-

$1

1

Kansas

5-

9-30

Quarterly

3-31

87'AC

4-25

$1.25

(quar.)

4-

4-15

$1.12'A

50c
$1.25

4-18

Co.

3-18

4-15

$20c

________________

4-31

$1.50

—_—

'

6-10

(quar.)

6

1

(quar.)

preferred

4-10
6-

8-

95c

Co—

preferred

1

6-20

Joplin Writer Works, 6% pfd. (quar.)——-_
Journal Publishing Co. of Ottawa, Ltd.:
Kansas City Power & Light Co.
3.80%

5-

93 3/4 c

—

pfd. (quar.)

Co., Inc., 33A%

Johnson Service

1

62'Ac

Tea

Jewel Tea

4-18

1
1

25c

Inc.,

&

4-21

5-

1

8-

8-

37'Ac

(quar.)

50c

5-15

5-

37'Ac
25c

preferred

Ironrite,
Jack

4-10

$1.50

4-18

——

(quar.)

preferred

Inc., common
4% preferred (quar.)
—_____
Jacobs (F. L.) Co., 5% preferred (quar.)—
Jersey Central Power & Light—
4%
preferred
(quar.)

1

1

25c

(quar.)

Extra

9

5-

3-31

5-

I.)—

Extra

9

5-

Trust

-Extra

3-21

5-23

4-15

37 'Ac

5c

3-26

4-15

50c

4-15

Fund—

Management

4-16

9

3-21

$75c

(incr'd)

com.

(quar.)

investment

Investors

4-25

5-

2

4-14

;i-20

5-

3-21

6-

$25c

preferred

From

8-20

4-16

62'/a c

(quar.)_

Extra

6%

3-14

20c

(quar.)___

Department Stores
Investment Foundation, Ltd.,

5

12-10

Corp.

Interstate

4-15

6-10

Utilities

I

4-15

4-15

30c

4-15

Co.,

1

*60c

Ltd

4-30

1

4-16

3-31

$20c

4-21

5-

1

$37'Ac

(quar.)

Co.,

5-

4

8-31

5-

4-15

(Canada)

5-15
1

9-29

2

15c

Ltd. (quar.)
International Telephone & Telegraph Corp._

$1.25
$75c

5-31

50c

—

(quar.)

preferred

4-

6-30

*40c

(quar.)

(reduced quar.)
participating preferred (quar.)

4-

4-15

4-15

*40c

Common

2

5-14
4-25
4-25

5-

Powders—

Bronze

al5%
100%

1

North

of

2

Ltd.—

Corp.,

Acceptance

4-15

4-25

(quar.)

Light

5-

5-

t25c

(quar.)

4-15

$1.50

Marx

4-10

5-20

—

common

25c
25c

6-30

,

4-10
4-10

1

preferred (quar.)
5%
convertible preferred (quar.)—
Industrial Brownhoist Co. (quar.)

$3
10c

(quar.)

1

1

5-

convertible

5%

3-14

preferred

5-

9c

4-21

4

4-10

Telephone—

$2 preferred
(quar.)
Indianapolis Power & Light,

$1.25

preferred (quar.)
Harrlsburg Gas Co.—
4'/2%

Associated

4-15

•4-

4-10

5-

Incorporated Investors—
New common (intial quar.)

3

Industrial

8-

1

1

20c

—

Co

4

3-31

2

5-

33c

(quar.)

7-

6-14

95-

53'Ac

(quar.)
(initial)

RR.

4-

6-

8

$3

(s-a)

40c

preferred
preferred

4-15

Refractories

9-19

12-19

Imperial Tobacco Co. of Canada, Ltd.—
4%
preferred
(quar.)
—.—-

3-31

6-19

9-30
12-30

55c

pfd.

A

Illinois

.

6-30

$1.25

(quar.)_

4-15

4-15

4-21

51c

series

conv.

4-14

7-18

5

1

$1.25

1

4-18
•

4-

5-

Co.—

RR.

Terminal
Zinc

4

1

$1.25
—

4-30

5-

4-

5-

Co.

Co., common
preferred (quar.)

4.70%

4-15

30c

(quar.)

Power

4-15

6%

6%

non-cum.

4.26%

4-10

4-30

75c
5%

Cotton,

Harbison-Walker

Hart,

Central

6%
Illinois

Co.

4-15

25c

(resumed)

(quar.)
(quar.)
(quar.)__

preferred

1

4-26

7

$1

Co.

Refrigerator
&

4-10

20c

Inc. (from Investment income)

Motor

Hudson

Havana

$$1.75

(quar.)

preferred (quar.)

Hudson Fund,

9-15

Y.)

(N.

Corp., common
Finance Corp., com.
(quar.)

preferred

4-16

df Canada, Ltd.
Cementing Co.—

6-20

60c

1

Quarterly
Hamilton

27'Ac

Household

RR.—

Well

6-20

3-31

1

preferred (quar.)—
Gypsum Lime & Alabastine

1

1

5-

Inc.——.—.—

7

7-

1

5-

(quar.)

4-

4-18

37'/2c

(quar.)

1

25c

Hardart Co.

(quar,)__—25c

Mutual Fund,

Mobile

$5 preferred

Hartford

quarterly

Tar'&

(quar.)—

5-

(s-a)

50c

Y.)

$5

__

com.

(N.

(quar.)

Tanning

Guaranty Trust Co.

1
1

55-

Inc.

Co.,

Griesedieck Western Brewery Co.—
5%
convertible preferred
(quar.)

5-15

$20c
$37'/2c

Insurance

American

Griess-Pfleger

Steel, Ltd.—

Ltd.,

(quar.)

7

37'Ac

(quar.)

5-

$2

(quar.)

4-

7-

9-

$2

6%

6-20

(quar.)
(quar.)

1

25c

& Co.

preferred (quar.)_
—
class A preferred (quar.)
class B preferred (quar.)

8%

$40c

preferred

(quar.)

5-

& Co.—

preferred (s-a)

&

Keyes

4-10

11- 5

(quar.)

(quar.)—

3-28

25c

25c

12-1

56'Ac
25c
$50c
15c
25c

(quar.)

A

4-21

4-10

5%
Grace

_____

4-10

3-31

Horn

Co.

—

common

R.)

4-15

25c

5'/2%

4-10

1

Houdaille-Hershey

com¬

—

common

Ltd., common

Co.,

Pumps,

above

Gillette

(quar.)

(quar.)

(W.

5-15

5-15

Co.,

H.)

class

1

8-15

(P.

of

The

to

(quar.)
& Co. (quar,

preferred
State

name

common

8%

6-

11-15

27

changed

preference

8%

(quar.)

Square

Increased
Dominion

Goulds

$25c

preferred

Dominion

4%

4-10

4-10

s-a)__

Malting Co., Ltd.,

preferred

Dominion

4-10

4-25

4-10

Common

5%

4-25

Golden

25c

(quar.)

Co.,

preferred

Dominion

5%

4-28

4'/2%

Halliburton

Dominion

7%

Glatfelter

5-15

9

1

—_

Ltd., common (quar.)
preference (quar.)____

preferred

4

4-11

1

(quar.).

6%

Ltd.,

(initial

Foundries

4-

4-

$30c

Dominion

1

4-25

5-

Fabrics

conv.

5-

March

was

Brothers,

—i

5-

4-25

lc

(quar.)„_

common

25c

(quar.)
(quar.)—-.——

preferred
Gladding McBean

5-

Extra

Dominion

4-15

—

—

Razor

$4.50

$17'/2c

Coal

4'A%

4-10

1

20c

Engineering Works, Ltd.—

2nd

5-

20c
:

Safety

pany

50c

1-

Co,_

C.)

Effective

37'/2c

(quar.)
,

Dominion

common

Gimbel

50c

(monthly)

Co.,

5

50c

(quar.)

(quar.)__

Co.,

5

50c

—

common

Fields

9-

3-28

preferred (quar.)
5% preferred (s-a)

(S. A.),
(A.

preferred

12-

50c

Dominion

New

$5

9-26

15c

_

<quar.)__

Ltd.

Bridge

5

35c

(quar.)___

____

common

Fund,

Oil

6-

75c
_

(quar.)

Corp.

Mines,

Dominguez

6-26

50c

—

Mfg.

convertible

50c

(quar.)

common

(quar.)
Products Co.

preferred
&

$4

1

3-21

$1.37'/2
$1
25c

(quar.)

preferred

Gilbert

4-15

$1.25

4-15

50c
$1.50
(quar.)

4-10

5-

(quar.)—

Corp.,

preferred

3%%

$6 pfd.

1

3-31

Advertising—

i

3-31

5-

4-

6c
—

3-31

U5c

(quar.)

A

4-30

87'/2c

(quar.)

3-26

4-15

8

4-

$1

(Boston)

Public Service Corp.,

Gerrard

12-26

93%c

preferred

Common

Dodge

3-28

10c

(quar.)

Stove,

Match

1

50c

Yard

Trust

class

93aAc
$1.25

pfd.

4-15

4-15

4-15

25c

Inc. (quar.)
Corp.—

Outdoor

$5.50

10c

preferred

$1.50

Mills,

General

(quar.)

5%

75c

(s-a)

1

4-10

110c

(Henry)

$2.50

C

$3.50

(quar.)
preferred (quar.)

6-16
9-15

(quar.)

preferred (quar.)
preferred (quar.)

Diamond

$5

50c

1st

5%

Steel

Investors

General

25c

common

5%

Detroit

6-14

3-17

9-29

___

Co.

Edison

2,

50c

Corp.,

Detroit Michigan

6-30
4-

7- 2

$1.12

6-30

-

(s-a)
preferred

4-25

5-

12'Ac

B

preferred

5%

.

preferred
(quar.)
preferred (quar.)

$1.75

quar.)

Ltd.,

Co.,

Development

Holt

a7'/2%

$3.75

50c

1st preferred
Union Stock

Dome

8

A

5-15

tioc

Investors

common

Corp.,

Motors

Gillette

(Increased

Denver

5%

4-

(quar.)——

Tramway

General

5-16

(quar.)—

Rubber

Class

3-31

General

&

Inc.

4-15

20c

Water, 5% preferred
Brothers, Inc.:

Daystrom,

/

Foods

General

common

Light, 4Va%
pfd. (quar.)_
33A% pfd. series A (quar.)

Corp.,

convertible

1

.

Dallas

Davenport

preferred

4%

General

3-26

(quar.)

(quar.)

Davidson

5 %

1

50c

Laboratories

Dana

1
1

4-

(quar.)

A

5811-

5-15

10c

__

4-

3-31

7-15

30c
30c
—30c
dividend)—
5%
20c

dep.*-rets,

8-15

25c

(quar.)—

9

4-15

Electritr Co.,

Amet;

4-10

_____

Co.,
Corp—

Cutter

4

4-15

_

dividend

Curtiss-Wright

General Baking Co.,

Common

pfd.

Class

Holly

4-15

50c

53 '/a c

Extra

4-15

12'/2c

(quar.)

preferred*(quar.)
6 %
preferred (quar.)—
6%
preferred (quar.)
Gaylord Container Corp. (stock

30c

,

——

Publishing

(quar.)__^
Storage^——,-

preferred
Co., Inc.—

(Robert)

$1.75

(quar.)
Cudahy Packing Co., 4'/2%
Culver Corp.
is-a)__
Stock

Cold

11-15

$2

6-27

;

1

1

5-

IOC

$1

(quar.)

Co., 5%

16'Ac

preferred

Curtis

ptffcferred
Market

—

Corp.—

25c

6-27

7-15

6c

common

35c

(quar.)

25c
55c

Utilities series

Franklin Telegraph Co.: (s-a)—
Fraser Cos., Ltd., common (quar.)

Finance

(quar.)

7-15

8c

Electric

common.

Sugar Co.,
Cuban-American Sugar Co.—
7%
preferred (quar.)

5-12

• -

General

(quar.)

Cuban-American

:

stock series

General

25c

2

Mfg.

7%

3-15

—

.

Co.,

8%

Franklin Custodian Funds—

5-

A

Holden

4-

-4-15

<•'

—

3-21

3-31

Ltd.—
ordinary (interim)
Co.
(quar.)

$1.25

(quar.)

4-10

Class

4-15

$6c

(quar.)

Co.

4-15

4-15

$1.25

J.)

Mfg.
■.!_•

Lumber

(final)

5-15

Co.

$15c

3-21

(quar.)

1

20c

Corp.,

A

40c

1

3-25

25c

Mfg.

International

Canada, Ltd..—

4-

:

Gas

Crossett

(quar.)

4-22

__

Quarterly
Creamery Package

Co.- of

$1.25

Cosmopolitan Realty Co.
Quarterly
:

5-

—

______—

4-15

A

4-15

$15

General

_

class

preferred, (quar.)

"10%

___

class

75c

$1.31'A

common——

on

$5.25

Products

(Edward) Lumber (quar.)
(R.) & Co., common (quar.)

Hoe

1

4-30

9

4-10

Hines

5-

15c

.—-

6%

,

Stock

Hlgbie

4-

50c

(S. F.)—

Corp.

Galr

3-31

4-

(quar.)—;__—

Hershey Chocolate Corp., 4'A% pfd. A (quar.)

3-26

4-20

15c
.—-

Co

Junior preferred B

Fulton

6-16

4-15

(quar.)__

common

3-18

4-15

America,' Inc.—

of

(quar.)_
Corp.—

4-15

6-

9

4-

$1.25

pfd.

7%

50c

(accum.)

common

Rubber

&

5%

Hercules

1

3-28
4-

4-30

45c

4-10

Mctor

Gabriel

50c

:

Steel

Co.,

preferred

4-15
4-30

(quar.)

common

4-10

$1.50
65c

——

convertible

$2.20
2

(quar.)__

California,

Tire

Froedtert

*

$$1.20

Co*

.if

Cornell-Dubilier

,

,

6'

$1.13

Co.

Refining,

;f 6- 2
7;

(quar.)

Company,

Powder

25c
45c

*

4-25

Inc.—

$3 pfd.
(accum.)

of

Common

"

'

V

'—14c

—_

(H. J.)

5

4-

933Ac

(quar.)__

(quar.)

4-25

Four-Twelve West Sixth Co.___

5-19

4-10

'

Heinz

Fram

4-15

-

4-16

(quar.)

(quar.)

common

preferred

Illinois

___

Foundation

4-11

(quar.)_

1

$1.06'A

; Foster Wheeler Corp.. (stock dividend)

.

4-15

$1.25

s-a)

r_.

Insurance

prefefred

r.

Mills, Ltd.—

Continental

Products

*

1

$1.25

"

5-

Company,

33A%

4.08%

Co., Ltd,<—
Amer. deposit receipts for ordinary

"

(quar.)I;

Semi-annual

Ford

4-15

1

4-22

Copper & Steel Industries—""

.preferred

7%

37y2c
15c

—

Hecht

62'/2c

preferred

Mills

5%

^

Textile

Continental Gin Co.—

Corn

Flour
v

4-15

5-1

25c

Co. (increased

preferred "(s-a)

4'A%

-■Firestone

Y.—

:

Natural Gas

Consolidated

5%

37y2c

(quar.

Conisolidated Paper Co. (quar.)
Consolidated Royalties, partic. pfd,
Consolidated'Royalty Oil Co._l.__:.

Continental

3-31

4-15

Co.

5%
—'

Dearborn

5%

$1

;

■

Ccppermines Corp." (reduced)—

Consolidated
$5

—

Co.

Industries, Inc.
preference class A (quar.)_

Hayes Industries, Inc.

5

3-31

Illinois

(quar.)

Fireman's Fund Insurance Co.
Quarterly

Chemical

partic

Class

(quar.)

Car-Heating

Consolidated

2

4-

1

Inc.—

preferred

Products,

prior

Filtrol

55c

i___

(quar.)

6-

4-15

(Syra¬

(quar.)

convertible

preferred

$3

■

preferred ,'quar.)

Consolidated

Common

1500 Walnut Street,

,

preferred

Insurance

Department Stores,

Quarterly

9-10

12-10
'

$2.2o preferred (quar.)
$2.04

6-16

5-

$2.50

Life

(quar.)

Fidelity & Deposit Co, (Bait.) (quar.)
Fidelity-Phenix Fire Insurance (N. Y.) —

12-15

'

Y.)

3-31

$$3.75

'

5

5%

——

Fibreboard

(Toronto)—

Light. A; Power Co.—

4-

$1.50
25c

(quar.)

(quar.)_

4-30

$$3.75

Connecticut

4-15

(see Max Factor)—

Corp.

Quarterly

3-31

1

N.

Federated

6%

__i

(quar.)

preferred

6%

Traders

&

4'A%

;

25c

$2.50

Co.,

cuse,

"

—

Quarterly

(quar.)

$125
$1.25
$28c
35c

A

common

Brewing

Farmers

2

(payable from net divi¬

i

Quarterly

4-15
4-15

1.

Life

Falstaff

45c

________

income)

Confederation

Fairbanks

3-25

'

f$1.25
12'Ac

Ltd

Corp.,

Hampshire)

(accum.)

E

25c
$10c
15c
$1.25

(quar.)
(quar.)
Co., Ltd. (quar.)

& Co.

(Max)

9-20

4-10

(quar.)

common

International

(New

Gas

10-10

33c

Co.,

preferred

•

$5

35c

(quar.)

preferred

4-10

5%

75c

(quar.)

H.)

2

15c

(quar.)

Corp.

series

6-

25c
$27'/2c
$27'/2c

(quar.)—

preferred series A

5%. preferred
Estabrooks

(quar.)

Enterprises, Ltd., 5% pfd.
Hotel, Inc. (quar.)

5%

4-22

(quar.)

Commodore

Commonwealth

•_

87'Ac

—

pref.

Equipment (quar.)
Enamel &
Heating Products, Ltd
Equitable Office Building Corp. (quar.)
Erie Railroad, 5% preferred, series A (quar.)

1

5

6-16

Holly Sugar

&

5-15

__

Columbus

Derrick

4-

Corp.—

(quar.)—

50c

(quar.)
Columbia Mutual Life Insurance (s-a)
Semi-annual".
:
:

(s-a)

.

Millwork

Emsco

3-29

5-

&

preferred

Empire

4-10

1

6-

Radio

4-15

35c
$1.12'/a
50c
25c
70c
60c

(quar.)

(s-a)
Phonograph

Empire Trust Co.

5

4-10

4-20

J25c

5%

4-10

4-15

25c

common

Equipment
Colgate-Palmolive-Peet Co., com.

Emerson

25c

pfd. B
(quar.)

20c

Y.

N.

Quarterly

4-18

10c

Farm

of

Empire Brass Mfg., Ltd., 5%

4-18

25c

Coca-Cola

1

Co.

Co.,

preferred
preferred

5

(quar.)

C

25c

Co., common
preferred (quar.)

5%

4-

D

Electric, 5%

preferred

87'/2c
$1.12'/a
$25c

—

Products

Boat

4-15

preferred

Hercules

(s-a).:

Insurance

21'Ac

5%

20c

$2 preferred (quar.)
Ely & Walker Dry Goods Co., com. (quar.)-

Pacific

12-

Lines

4'A%

Hawaiian

Co.

preferred (quar.)
Sullivan Mines, Ltd

25c

:

Quarterly

4-15

1
1

$40c
20c

(quar.)

preferred

25c

44-

.—

Nemours &

Payable of Ree.

4-15

93%c

$4.50

Chickasha

(E.

$3.50

Chicago Molded Products Corp

Metals

Share

4-15

—__

(quar.)

Ltd. (quar.)
& Supply Co

Dryden Paper Co.,

1

Company

Holdert

When

Per

Name of

4- 1

4-15

40c

_

(quar.)

Co.

Holdert

60c

(quar.)

(quar.)

common

Payable of Ree.

$1
8iy»c

(quar.)

common

series A

preferred

When

Share

Name of Company

$1.12'A

(quar.)

3'A%

Holdert

Payable of Rec.
Dow

Chicago & Eastern 111. RR., class A (accum.)
Class

When

Share

Chenango & Unadilla Telephone Corp.
4'A %
preferred
(quar.)

49

(1477)

11-15

11-

5

5-20

5-

1

5-

1

4-15

45c

4-15

3-31

-45c

4-15

3-31

"

5%

56'Ac

75c

(quar.)
—

5-

1

4-15

50c

5-

1

4-15

50

(1478)

The Commercial and Financial Chronicle

.

.

Monday, April 7, 1952

.

'

.

Per

f

Share

Name of Company

lieece-Neville

Co.

Lees

& Sons 3.85%

(James)

When

10c

(quar.)
pfd.

(quar.)

96 Vic

;

Holden

4-25

5-

1

4-10

4-15

Lehigh Valley Coal Corp.—
$3

Lernri

(quar.)

Corp., common
preferred
(quar.)

Leslie

Salt

Lewis

Brothers.

Lincoln

Co.

4(4%

3-31

Northern

37 %c

4-15

4-

5-

4-19

$1.12%

Insurance

Quarterly*
C Quarterly
Quarterly
Petroleum

Co.

Co

common

Common
5%

($25

Co.

3-19

3-31

4-10

3-31

6-

2

5-

6-

1

ZZ"

*6c

,

Forbes

4-11

5-

1

4-14

&

Co., 4%%

Fund,

4-15

3-31

Marmon-Herrington

Maracaibo

oil

4-15

3-144-17

4%

3-31

Pacific

Can

3-31

Pacific

4-21

4-11
4-

1

$1.06 V*

5-

1

4-

7

5-

1

4-

7

5%

4-15

4-

65c

4-15

3-17
3-31
4-15

5c

6-

1

5-15

12-

1

11-15

7, 15C

4-

7

3-24

Corp.
$1.06 %

5-31

5-

7%c

4-15

3-31

%.

4%^ preferred (quar.)

9

Electric

&

Co.

preferred

4.40%

preferred

490%

Bakeries

ten

Mississippi

shares

Power

i^xtra

Monroe Loan

"

(Johni

&

Inc.

Co.

1

4-15

4-25

-

5-15

4-15

3-15

12-15

11-15

*"

;

4-

7

3-

6

4-15

3-15

Mfg.

~

'

Corn

~—

"

4-18

Procter

7-22

10-20
3-31

10-

1

9-

5

*5c

1-2-53

12-

5

10c

4-19

25c

5-

1

4-15

25c

3-26

(qu~arZ7

(quar.)

d.n~7t7~~/

4-15

Pyrene

4-

Quaker

4-

1

4-

1

4-15

4-

1

5-15

4-30

4%

8-15

7-31

Reda

(q'uan ?
Z7Z

;

England

New

England Public Service Co

35c

137 %c

—

75c

3-31

3-18

4-15

3-31

5-

1

4-30

4-15

3-14

5-

4-16

1

$1.06%
$1.18%

Laundries," co7n7o"n

5-15

5-

5-

4-15

f 15c

E'eCtri,:
New

15c

4-15

3-31

25c

4-15

3-24

4-21

4-11

25c

1

1

—

$1.75

Z

jsgyrascL-

preferred

W°6?la^0/fmai1 (accum.)
Bearln«s
6% preferred
North

American

Mfg.

RefractorlesIIIIIHZ




Reed

$1.75

2

A.),

Drug

Co.,

A

4-15

3-31

7%

2nd

3-31

10c

4-

9

10c

7-16

7-

5

10c

10-15

10-

5

t30c

5-26

4-15

13c

4-15

3-31

15c

5-

1

4-11

125c

5-

1

4-25

40c

6-20

6-15

9-20

9-13

40c

12-20

12-15

$75c

5-15

4-15

$$1.50

5-

1

4-

$1.06

6-

2

5-

1

5-15

1

3-24

4-15

3-21

4-15

4-

7

3-31

25c

5-

9

4-17

4-30

4-18

$1.50
25c

4-15

4-

7

Shawinigan

Sheep

5-

1

4-21

25c

5-

1

4-21

1

Water

Creek

Sibley,

Stock
Slater

(N.)

$2.12

Co.,

Ltd.,

Smith

Common

4%
Solar

Brand

(quar.)

Solar

9-12

South

90c conv. preferred
Drug Stores, common
Pittsburgh Water, 4'/2% pfd. (quar.)

South

West

$1

1-1-53

12-12
1

95c

5-

1

$1.07%

5-

1

4-10

5-

1

4-10

$2.50

4-10

3-31

75c

1

First

distribution

Southern California

4-15

5V2%

4-15

Southern

5-

1

4-18
4-

1

4-

1

4-

1

Common

6%

preferred

4.48%

Southern

Colorado

3-

Southern

Fire

Southern

Franklin

25c

4-24

4-10

65c

4-18

3-28

6%c

4-18

3-28

Southern

4-14

4-

Southern

4-15

3-25

5-

1

4-11

5-

1

4-11

4.80%

4-15

3-20

4-15

3-20

$2

4-15

3-25

$1.25

4-17

4-

Gas

(stock

Electric

&

preferred

non-cum.

5%

$2.20

Associated

preferred

Southwestern

Drug,

Southwestern

Life

$1.06%

6-

2

5-15

6-

2

5-15

$5

1

$25c

5-26

4-15

1

CoZ. LtdZ—

preferred

(quar.)——

(E. R.)

Stadacona

12c

4-10

3-31

Standard

Fire

Insurance

Fuel

Co.

preferred

Mines

(N.

J.)

Standard

$1.25

5-

1

4-15

4%%

25c

5-

1

4-21

Standard Gas

50c

5-

1

4-21

$7

prior

Class

B

28c

7-

50c

4-15

3-31

50c

6-

2

5-

9

Standard

20c

4-15

4-

1

Standard Products

Standard
3%%

Oil

Power

$1.75

10-

1

9-13

19c

5-

1

4-21

(quar.)—7ZZZZZZZZ7ZZZ

93 %c

5-

1

4-21

Steak 'n Shake.

I

28c

5-

1

4- 4

Steel

Rochester American Insurance (N. Y.)(quar.)

30c

4-15

3-20

Sterchi Brothers

20c

Class

7

~

4-15

4-

4-25

4-14

$1

6-

1

5-15

Stern

$1.02%

6-

1

5-15

4

5

1

4-15

4-15

3-31

4-15

4-10

40C

7-15

7-10

6-

1

5-15

5-

1

4-21

B

—

—

(quar.)
(accum.)—

A

class

Sterling

4-21

1

4-21

1

5-

1

4-21

6-10

5-30

9-10

8-29

12-10

11-28

4-21

5-

1

4-13

5-

1

4-13

4-18

3-24

50c

4-23

4-18

5-

4-13

1

4-25

3-31

4-25

3-31

4-10

3-28

12 %c

4-10

3-23

93 %c

4-15

3-21

$1.75

5-

1

4-13

4-

8

Corp.

4-10

3-20

12 %c

5-15

5-

5-

1

4-15

$15c

5-

1

4-10

5-

1

4-10

45c

4-15

3-31

7%c

4-18

$20c

5-

$10c

Canada

Corp

(quar.)
Ltd.

5

50c

Spring,

Inc.

3-23

$10c

A

(quar.)

of

1

5-

$1.50

Co

Street Investment

Co.

55-

12 %c

Light, $7 pfd.

Ltd.,

Radio,

6-13

56c

5-

15c

series

&

1

(quar)

55c

$1.25

(Ohio)

Co.

preferred

7-

(reduced)

5-13

8-13

$1.75

(quar.)
4% pfd. (quar.)
Stanley Brock, Ltd., class A (quar.)

State

6-14
9-15

$56 %c

:—

ju^^w-inrrm

«.«»...»

M

$1.75

Rochester Gas & Electric Corp., com.
.4%.
preferred
F (quar.)
\
4.10% preferred H (quar.)

7

Electric—

&

~

(quar.)

—

preferred

Steel

Z-ZZZZZ

5-15

2

Ltd.—

(quar.),;

preferred

Standard

(quar.)

(quar.)

(accum.)
$6
prior preferred (accum.)
Standard Holding Corp., class A

6-16

7-

6-

$3c

4-15

1

7-25

$1

(quar.)
Ltd

(1944),

1

3-18

50c

$1

(quar.)
series A

preferred

$4
$4

5-

4-10

4-15

3-20

5-

& Sons

3-20

$15c

1

4-15

10c

common

$1.25

(quar.)

$1.20

•,'■■'• 45c

$1.10

Common

4-10

6-20

3-15

97 %C

—

——-

Common

3-31

6-20

3-31

4-10

10c

Cement,

8

1

3-31

4-15

10c

Portland

4-10

1

4-15

$1.06 V*

5-

7-

5

$1.03%

4-25

7-

4-

92 %c

common

(quar.).,
(quar.),,..

50c

2 %c

5

4-30

28c

—

Service,

preferred

Spokane

Squibb

_

(quar.)
(Dallas)—
—

Public

50c

(quar.)

5

4-

40c

——

Co.

4.25%

5-

4-

4-30

$1.25

1st preferred

Insurance

preferred

4.40%

5-29

3-20

4-30

$1.25

4.15%

~3-31

$1.50

4-15

50c

Telephone—

Quarterly

3.90%

$1.50

—

Quarterly

•3.70%

3-11

4-18

10%

(s-a)__.

(quar.)

7

9

5-15

5-15

Co.—

(quar.)
(quar.)

preferred

non-cum.

Southwestern

4-14

4-

2

2

Co.—

preferred

1

1

66-

10c

dividend),,

convertible

5-

4-21

5-15

.2656 %

Southern Railway Co.

35c

5-

5-15

17 %c

(quar;)

(quar.)

(quar.)
England Telephone Co. (quar.)

Production

Common

4%

Co.

preferred
New

2

Process—

(quar.)

Indiana

Southern

6-

$1.75

Power

Casualty

preferred

7%

5-15

28 %c

(quar.),,.,—

4-14

&

3-30

2

28c

(quar.)

common

(quar.)

8

3-30

4-15
6-

$$1.50

(quar.)

preferred
preferred

4-15

37 %c

34%C

$

Southern California Edison,

1

$1.17%

7

$40c

4-

3

"'4-

Ltd.—

Co.,

(quar.)

5-

3-10

I

4-17

25c

Power

$2.50
$1.75

4-

16 %c

common

(quar.)

Canada

62 %c

8

3-15

4-15

Co.—

(quar.)__,_—:——___

preferred

4.56%
3

4-30

4-15

$20

——-

preferred (quar.)
4j/4% preferred (quar.)

1

1

5-15

10c

4%

1

4-15

3-31

37 %c

preferred

5-

4-

Gas

Southern California Water Co.,

5-

4-15

3-28

3-31

4-15

Pennsylvania Pipe Line-

liquidating

$1

5-

3-31

4-10

4-15

$1.12>/2

4-10

4-

4-15

Aircraft Co.,

6%

4-30

22Vac

Sommers

9-12

3-31

20c

6-13

$1

1

4-30

20c

12-12
6-13

3

4-

12%c

Clothes, Inc. (quar.)—
(increased quar.)

1

1

4-

1

125c
150c

1

1

4-15
5-

1

4-10

5-

Ltd.—

Aircraft Co.

9-15

Co.

Mills

7-

7-

3-21

50c

10-

10-

4-15

4-21

153c

—

1-1-53

$1

4-25

J45c

common

(quar.)

preferred

Society

4-101

40c

(quar.)

(quar.)

1

Button

(quar.)——

4-18

100%

Co.

Corp
(Howard)
Paper

10-

Rochester

(quar.)

O.)

$1.75

Inc.

Ltd.

Mines,

preferred
(A.

(quar.)

Mills,

Co.

Power

dividend

Silica

Rice

'V

(quar.)
Lindsay & Curr

Standard

River Brand

(San

Common

6-13

common

Houston

of

Corp. of America (quar.)
Sherwin-Williams Co. of Canada, Ltd.—

1

preferred (quar.)

&

Gold

7-

preferred

Corp.

Texas)—

Sheraton

4-15

4-21

35c

(quar.)

5

Inc.—

income

(quai.)

5

Antonio,

$1.75

33/4%

C.)

——

Shares,

Seven-Up Bottling

(quar.)

Rich's, Inc.,

D.

Common class A

5-

4-

2nd preferred (quar.)

1

American

Standard

preferred

—

investment

From

(Washington,

(quar.)

ZZZZZZZ"!

partic.

1st

5-

Selected

Co.

Common class A

8%c

7%

preferred (initial quar.),
(Del.) (quar.)

Co.

Storage
Quarterly

12-20

4-15

Renold-Coventry, Ltd., class A (quar.)
Republic
Aviation
Corp.
__ZZZ
Revere Copper & Brass, Inc. (quar.)
Revere Racing Association, Inc
ZZZZZZZ

Rice-Stix, Inc.—
7% 1st preferred

—

1-2-53

20c

35c class A

A

(quar.)

(quar.)

15c

ZZZZZZZZZ
(quar.),,,
7

common

B

Common class A

$87 %c

(quar.)

(quar.)
Renfrew Textiles, class

Oil

Securities

Southwestern

~

(quar.)

series

convertible

Seaboard

$1.05

(quar.)

class B

preferred

$1.72

preferred

3-20

9-20

$75c

(quar.)

preferred

preferred

12-12

4-10

$1

—-—ZZZZZZZ

5%

9-15

12-26

45C

(quar.)

common

5-

7ZZ
I

Pump Co.
Corp.,

9-26

$1.25

Co.,

6-20

-

common

preferred

$1.25

(quar.),.

45c

common

Company,

(quar.),,

5%

Seaboard Finance

1

$1

~~

Co

Co.,

non-cumulative pfd. series A
non-cumulative pfd. series A

6-13

1

11 %C

~"

,

3-31

4-10

4-10

5%

6-26

5-15

preferred.
Entire issue
redemption on May l at $55

Oats

(C.

5-14

1

$1.25

5%

Ltd.—

4-15

50c

Corp.—.
j__

$2

1

5-

Co.—

7-

17 %C

(quar.)

(quar.)

Mills,

3-31

$1.50

(quar.)

Reed

6-

25c

(quar.)

RR.

10-

5c

;

pfd. (quar )
preferred (quar.)
Colorado, com. (quar.7
(quar.),

4-15

93 %c

232ft sM-ri-

5%

Co.

Line

non-cumulative pfd. series A (quar.),,

$1.25

71
(quar.lZZZ,
(quar.)
ZZZZ

of

7%

$1.50

(quar.)

Reece

4.30%

2%c

3-10

Co., 8%

5%
Co.

for

2nd

4-17

5-14

2%c
•

$$1.50

6% preferred
(quar.)
Quebec Power Co. (quar.)
Railway Equipment & Realty
6% 1st prefered (accum.)

4-15

25c

r

7

4-

share plus this dividend,,,
(George)
Fund
(Boston)

Reading

National Steel Car. Ltd
Naugatuck Water Co. (s-a)

adj.

per

1

1

3-29

3-22

7

3-28

(quar.)

preferred

called

5-

6-

$1.07%
$1.07Va

preferred
(quar.)
preferred (quar.)

4-

6-

4-

redeemable

4-11
5

Co.,

Flour

$3.50

62 %c

(quar.)

Gamble

preferred

4.20%

62 %c

Paper & Type Co.

5%

4%

474%
Purity

$1

~

preferred

Public Service

$1.25

(s-a),ZZZZZZZ"Z~"~
class A ~(s-a7

preferred

4-30

Prosperity

$1
91 %c

Mfg. Co.—

3.65%

4-28

6-16

Corp. of Canada, Ltd.—

25c

1

Scovill

12c

10c

$1.12%

participating preferred

4-15

4-17

6- a

7

90c

1st

8-

1

4-10

5-

1

(quar.)
pfd. B (quar.)

6%

10-30

5-

$1.25

5-15

1

(quar.)

6%

5c

7-18

85C

c_

3-20

$1.50

5-

Electric

preferred

4-15

$1.50

$2 preferred
$2.50 non-cum.

(accum.)
(accum.)

General

Edison, 4.70%

4-11

4-21

1

6-13

4-10

4-18

ZZZZZZZZZZZZ

Co

1

Putnam

_

*1

Fuel

1

I

8-

97 %c

5-

5-

27 %c

4-10

9-20
12-20

$1.10

5-

5C

preferred A (quar.)
Paper Co.—
$3.40 preferred (quar.),
$4 preferred
(quar.)

5 V2 %

Scott

50c

1

4-25

4-

$2.50 convertible preferred (quar.)
Pittsburgh Fairfax Corp
ZZZZZZZ
Pittsburgh, Fort Wayne & Chicago Ry. Co.—
7%
preferred
(quar.)
Pitts ton
Company
(quar.),
ZZZ
Plymouth Cordage Co., common
Employees stock
7

&

4-18

1

Extra

3.90% preferred (quar.)
4% preferred (quar.)__

Power

3-31

5-

43c

10-

1-2-53

25c

15c

Philadelphia, & Trenton RR. (quar.)
Z7Z7
Philip Morris & Co., Ltd., common (quar.),I

4-21

4-15

27 %C

3-20

$1.25

(quar.)

50c

t5c

(quar.).
Nationaj Manufacture &
Stores Corp —~
Common
(quar.)
p"

$7 preferred
$6 preferred

preferred

5-15

25c

(quar.)

(quar.)

A

3-28

1

$1.50

—___

3.60%

preferred

4-10

$1.12%

Potomac

4-19

33 %C

$1.12%

Portland

5-10

conv.

ZZZZZ

3-31

3-31

50c

(quar.)

$1.35

(quar.)
~~
$4 non-cum. 2nd preferred (quar.)__Z_ZZ7
$4 non-cum. 2nd preferred (quar.)
$4 non-cum. 2nd preferred (quar.)
ZZ
Philadelphia Electric Co., 3.80r% pfd (quar.)
4.30% preferred (quar.)

3-31

Inc.

6-20

7-

—7

(quar.)

3-11

3-31

4-15

3-20

ZZZZZZZ

(quar.)

preferred
preferred

1st

Pocahontas

20c

(quar.)„_

41/, cl

preferred

1st

4-15

3-31

4-15

4-10

common

(s-a)——:

-

1st

4-15

4-15

$1

1

4-10

(initial)_ZZZZZZZ

par)

$4.50

4-15

3-31

22c

Schuster (Ed.), & Co., common
Schwitzer-Cummins Co.

Smith

(quar.)
Dairy Products

Philadelphia

3-31

3-31

4-15

65c

50c

15c

(quar.)ZZZZZZZZ

Co

4-15

5c

preferred
(quar.)
Nationa
Pressure Cooker

Co.,

preferred
preferred

$1.25

Co.,

ZZZZZZZZZZ

Neiman-Marcus

($lo

50c

"fiOr?! Fue! Gas ~Co" c°mmo77quar")
60c class A
(quar)
H

Products

3-31

4-15

25c

33 %c

par)

75c

7"

>-

jH|jJ°nal Shares Corp.
Narional Starch

4-15

20c

—

(quar.)

Pittsburgh Brewing Co.—•

$1.50

(quar.),

common

(quar.)

$1.50

(quar.)

5-10

3-31

5-

preferred

Co.—

Gear

5-31

4-21

3-15

5-15

preferred

50c

Co., prior pfd. (s-a)
Piper Aircraft, 4x/?% conv. preferred (s-a)..

62 %c

4-15

12 %c

convertible

$1.06%

Pioneer Petroleum

6-16

6

$7c
;

(quar.)

convertible

^

3-31

37 %c

.

_

ZZZZZZZZZZZZZ
ZZZZ
7
"(quarZ7

4-10

3-31

(s-a)

22 %c

Co.

$1.35

~

(quar.)

5-10

6-20

6-

1

3-31

75C

4-15

4-21

4-10

7-

4-15

2%c

2c

1

SotlUna ^lty Bank of N• Y- (Quar")"
UnH°na Eel)artment Stores Corp fau~ar 7""
QuT.X
We""ng
Co -

Lead .Co.—

~~
ZZ
~
ZIII

5-31

4-23

1

4-17

3-24

$1.12%

Phillips-Jones Corp., 5% pfd.
Plllsbury Mills, $4 preferred

5c

T

(qua??

Preferred

5-26

4-28

—

Register Co.
National Casket
Co., common
National Chemical &

National

2

1

21c

Nntw,lai J?iSuUit Co" common (quar")
°na
Cash

Investors

6-

4-

2

12-

$1.07

6-16

3-20

(quarZ)"

Corp.

Coke

81

&

(no

4.40%

9-

12-15

20C

(quar.),,

2

9-16

$1.25

preferred

6-

$1.25

(quar.)

3-20

$1.12%

(quar.)
(quar.)
(quar.)

common

Light

Philadelphia
$5

8

3-31

4-15

~
(quar.7

2c

(qua~r~)

~

Nat

preferred B
National Lock Co.

4-15

3-31

4-15

12 %c

4

quar.)
(quar.)

6%

4-15

$3.50
common

Co.

common

6%

1

4-15

$1.12%

—

62 %c

——•«

(increased

National

•3-21

t50c

'—

^

(quar.)

National

1

50c

(s-a)

A

5-

4-15

5c

_.Z-ZZ~"~~

SystemZ'fncZ—

class

4-14

35c

Qua?terlytatC3 TeIePhone & Tel^aph'coZ-

Quarterly
Quarterly

3-31

6-14

Vernon-Woodberry MilFsZ lncT-T

preferred

5

10c

(quar!)

'

Common

4-

t$l

(quar)

preferred

6,*

1

$50c

•

(quar.)

(quar.)
Co.

preferred

60c

New

4-

.

,Z_„Z

Co.

Mountain States
Power,

6%

4-15

4-21

t50c

Co, common

Telegraph

Diablo

Mutual

1

4-

34 %c

(quar.)

&

Extra

5%

5-

$1.25

5-

4-15

40c

Machine

Common

5-

Distillers

Steel

&

Peoples Gas

4-15

4-15

fquarjl

common

preferred

preferred

1

2

4-15

3-24

$2.60

(quar.)
(quar.)
Pennsylvania Power Co., 4.24% pfd.
4.25% preferred (quar.)
Pennsylvania RR. Co.
6%

5-

4-15

$1.50

(quar.),

Co.

Tilford

$4.50

ZZZZZZZZZZZZ

Power

5

Co.,

$4.50

•

SocietyZ7omZ7l7s77"(qu7rZ)"

preferred

Motorola,

7%

6-29

15c

$~6 pfd~.~"("q*ua"r~)

Light,

_

Montgomery Ward

Mount

6-30

50c

^

„

Semi-annual

Mount

4-

50c

held)

&

3-28

4-15.

$1

Co.ZZZZZZZ

JJS-fTP(Robert) Bar*eLtd. (s-a) (quar!)
DV.alley Co.,
Llne CoMitchell
^uar,;-

Morrell

3-31

Quarterly
Quarterly '
Penman's, Ltd.,

dividend)—
'
"
?re °l Misslon Development Co. of

each

Momreal

Peden Iron

25c

Co., class A (quar.)
Minnesota & Ontario Paper Co.
(quar.7
Miss.on Corp. (stock

Moncana

4-15

$1.22%

Mfg.

5Vit%.

Park

Perkins

Co.,

4%
preferred
(quar.)
Midwest Piping & Supply
Miller

4-15

30c

(quar.)ZZIZZZZZZZ
common
(quar!)""""

preferred

Midland

5%

$1.10

1

c

$2.50

4-15

25c

(quar.)

4-15

5-

s

$$1.75

Co

Industries

5 V2 %

4-

$1.12%

(s-a)

1

7

vtc.

Diego Gas & Electric,
preferred (quar.)
4V2%
preferred
(quar.)
4.40% preferred (quar.)

Schenley

4-10

4-15

Ltd.—

Mines, Ltd.

Transit

Map

4-25

10c

5%

Sanborn

3-24

4-15
4-15

$1.50

1

4-30

4-15

1

50c

Package Machinery Co., 4>/2% pfd.
4 V2 %
preferred (quar.)
—
4(4% preferred
(quar.)
Packard-Bell Co.
(quar.)
Pacolet Manufacturing Co., common
Palace Corp.
Park Chemical

4-11

Gold

Antonio

3

$1.10

7777

(quar.)

5-

tlOc i

4-15

1

5-

(quar.)

5-

4-

Antonio

3

4-

50c

quar.)

Insurance

414%

4-

4-15

5%

convertible preferred
convertible preferred

1

Marine

Electric

Gas

&

&

Power,

Air

preferred

5%

Fire

Scranton

Lighting, $4.50 pfd. (quar.)
preferred (quar.)
Pacific Telephone & Telegraph Co.—
6%

Paul

Seaboard

convertible

4-10

1

5-

29 i

above

(reduced

"A"

1

4-15

$1.50

(accum.)

Mills Co.,

preferred

conv.

com¬

5%

5-

5-

$1.25

(quar.)ZZZZZ

of

5%

to be changed to Pacific Finance

5%

4-19

1

$1.25

4-15

60c

1

31 %C

(quar.)

4-15

50c

6% participating preferred (extra)-.
Messenger Corp. (quar.)
Metropolitan Building Co."7qua"r7
"""
Michigan Gas & Electric Co.—

Ltd.

(sinking fund)
preferred (quar.)

3-31

$$1

K-

California—~~

Corp. of

1

1

4-15

1

t5c

McLetlan Stores Co. (increased
quar!)"
Medusa Portland Cement Co
(quar )
Melcners Distilleries, Ltd.—

25c

1

1

5-

4

4-

5-

30c

4-

4-

5-

OlT Co~~LtdZ—

4-15

4-26

4-15

Co.,

U5c
'

5-15

50c

;

75c

(quarZ)ZZZZZZZ

4-22

4-15

5-

4-15

Terminals

Avenue

San
1

5-15

I

tlOc

~

San

120c

(quar.)

4-15

_

4-15

$4.40

'

McCoH-Frontenac

San

4-30

$1.12%

—

Pacific

4-30

$3 preferred
(quar.)
McCame Grain Co., Ltd., class B
(quar)"""'
A

4-14

$25c

Pacific

4-15

Maytag Co.,

preferred
McCail Corp.

Saguenay

1

Corp.

3-20

•60c

St.

4-30

5-

50c

preferred
(quar.)
Effective April
1 name

5

3-31

Extra

4-30

5-15

$$1.75

:

preferred

50c

(quar.)

5-15

50c

$12 %C

4-10

(quar!)""

(resumed)

50c
59 %c

~~

4-30

4-15

cwmmon

3-31

(initial)

com.

preferred

5c

preferred

4-15

(s-a)—Z

f $1.25

(s-a)

5-15

20c

2

12-

$1.75

(quar.)

preferred

7%
preferred (quar.)
St. Louis San Francisco
Ry. Co.—
5% conv. preferred "A" vtc. (quar.)
5% conv. preferred "A" vtc. (quar.)

3-31

434%

9c

5-15

5-29

6-

9- 2

9-10

12-10

10c

common

Lawrence Flour

5-29

4-10

6-10

25c

6%

Filth

4-19

4-10

4-24

5c

Building,

$1.25

Holdert

4-24

25c

Royal Typewriter Co., common
7% preferred (quar.)

$1.31%

6-23

3-31

4-25

C°'

4-10

4-

4-15

common

&

Russek's

6-30

13%c

„

convertible

4

4-15

$1.25

42c

Chemical

4-

$1

3-31

$20c

Matuieson

Russ

4-11

15c

pany

Trust

4

iquar.)

4-15

~

Investors

4-

(quar.)

20c

;V;.%

*^uarterlTeIegraPh & Telephone Co., Ltd!—
Massachusetts

3-31

3-31

4-11

Inc.—

5%

$1

(quar.)

Corp.

4-15

St.

common,,

A

4-15

Products,

Extra

Class

15C

preferred

Pacific Finance

Quarterly
Quarterly
Rothmoor Corp.,

When

Payable of Rec.

$5

Co.,

$2
25c

Coal

preferred
Ages Corp. (quar.)

$1.20

3-31

Share

Pittsburgh

non-cum.

of

15c

——

Co.

5%

$1.02%

(quar.)

Co.

Coast

4-15

4-15

Pabco

10c

Exploration

3-31

10c

Co

Paper

4-25

t5c

(quar.)_„__

Mar-rex Realization Corp,
Common

3-31

4-15

(quar.)

(Georgia)

preferred

4-15

LtdZZZZZZZ"

Y.)

4-19

90c

(quar.),.

Elevator

Per

Name of Company

Rochester &

15c

(quar.)__
Products, new

50c

Co

Co.

&

3

(quar.)

A

Oxford

7%

Inc.

investment income
Manufacturers Trust Co. (N.

Marshall Field

Class

Otis

_

From

4

4-

17 %c

(quar.)
5(4% pfd. (quar.)
4%
preferred
(quar,)—a—
Oklahoma Natural Gas, common (quar.)
434% preferred A (quar.)
Okonite Company
(quar.)
Oliver Corp., 4(4% conv. preferred (quar.),
Oliver United Filters, Inc.—

3-31

25c

pfd.

4-

4-25

preferred series A

17%c

,___L_ZZ

Bond

Common

3-31

$25c

4-11

4-14

(quar.)

Oklahoma Gas & Electric,

4-15

(quar )

4-25

Ohio Match Co.—

4-15

$1.50

(quar.)

B

Oglethorpe Fund

31 'Ac

Mading Drug stores Co., common (quar!)_Z
55c preferred (quar.)
Mailman Corp., 5% preferred
(quar.)___
Manhattan

Common

$1.25

common

7-21

75c

;

Ontario Steel

ZZZZIZ

Co.,

(quar.)
Inc. (quar.)_
Cockshutt Gold Mines,

preferred

1

1

Trucks,
(R. H.)

5-15
4-

5-

$1.50

(qua~rZ)"""

preferred

4%

1

4-15

22 %c

(quar.)

Macy

6-

5

5-15

(Ky )

Lowr.ey (Walter M.), Ltd.
Lynchburg Gas Co

Mack

4-

35c

(quar.)

Macleod

10-24

87 %c

par)

6'a

1

1

8-

$1.06%

—

Ry

$4.10 preferred (quar.)
——
$4.80 preferred (quar.)___^
;;
Chemical Co., common
(quar.)—_

45c

preferred

&

11-

8

(quar.)

paf)~Tq~uarjZ~

($100

MacAndrews

7-24

4-10

(quar.)

preferred

5%

1

$1.25

(quar.)

Electric

(quar.)

Pacific

Northern Statps Power (Minn.), com.
$3.60 preferred (quar.)

5%

Long Lac Gold Mines, Ltd
Island Lighting Co. (quar.)
Louisiana Power & Light, $6 pfd.
&

8-

7c

Long

Gas

4-23

37%c

Little

Louisville

1

60c

Corp.,

prelerred

5-

25c

(quar.)

Carbonic

3!a:%

3-31

25c

ZZIZZ
ZZZIZZ'Z""*
ZZZZZZZZZZZZZZZZZZ

(quarJZZZZZZZZZZZZZZZZ""'

preferred

Liquid

5-15

4-30

Holden

Payable 0} Rec.

Rock

Noxema

Lincoln Telephone <fe Telegraph-—
Common (quar.)

Link-Belt

6-16

15C

25C

-

5%

1

40c

-ZZ,ZZZ
(Ind!)"—

Ltd
Life

1

15c

Engineering
Public Service—

preferred

3-31

4-10

,

$3.50

guaranteed (s-a)
Works

RR., 7%

Indiana

4-14

(quar.)

National

Lincoln

Northern

$1,582

preferred,.

Stores

4%%

Carolina

Northern

Corp.

Share

Name of Company
North

30c

1st

non-cum.

Lehman

When

Per

Payable of Rec.

■

(quar.)

1

3-31
4-

Electric

Inc.

7

Motors

(quar.)

(quar.)

Extra
& Stern

37 %c

,J

6-11

5-23

10c

4-10

3-31

5c

Stores

4-10

3-31

1

8-18

Textiles, -Inc.—

preferred

56e

7-

■

Number 5105

Volume 175

.

The Commercial and Financial Chronicle

.

.

& Fuller Co. (quar.)_
Stone
Container Corp
Strawbridge & Clothier, common
duiiivan Consolidated Mines, Ltd
Sun

dividend

Stock

(quar.) —

preference
Co.

&

Natural

&

preferred

Metal

Mjg.

'Title Insurance

Edison

4-16

4-15

3-25

IPayable

7-

2

6-

1

10-

1

Co.,

4-25

4-17

4-

Corp.

4-

4-15

4-

4-15

1

5-

1

3-15

4-10

3-28

4-18

4-

$1.25

4-12

4-

1

17V2C

4-26

4-

2

(quar.)

5-15

Air

Lines,

Cargo

4-

4-15

3-31

31V4C

4-15

4-

—

Electric

preierred

Union Gas

Co.

5

4-15

4-

5-15

5-15
1

4-

4-

3

5-15

4-15

—

f37c

f40c

5-

5-31

4-30

25c

5-

1

4-15

5-

1

4-15

75c

4-15

3-

of

Printers

interest

3-

6%

preferred

3-28

U.

S.

Fidelity

U.

S.

in

-

5-

2

3-20

5-

1

4-

3

5-

1

4-

(N. J.),

U. S. Plywood
•U.

Corp.,

Radiator

8.

Btock

—

4-15

7
7

3-20

22 %c

—

7-

6-13

1

4-

4-11

35c

1

of

10%

and

U.
U.

Nov.

on

1.

—

50"%

;

.

(quar,)——

Shoe

S.

Corp. (quar.)
Smelting, Refining &

5-21

6-10
4-15

.

3-31

75c

7% .preferred (quar.)
States Sugar Corp.—

•6%

preferred

C (quar.)—-—
Corp.,-Ltd.— - -

Steel

6%

class

United

A

4-15

3-24

Company,

-Upson
Utica

Knitting

Corp.,

common

"17 %C

4-15
•'5-15

4-28

50c

4-15

35c

5-

1

3-28

prior preferred
prior

62 %c

Corp.,

Van

Sciver

(J.

preferred

Sea

.5%

Food
class

non-cum.

.4-15

1

8,

1

5-

$2

1 A-

5- ,1

4-16

26c

Massachusetts

RR.

,_r

4-15

4-

1

$1.25

(quar.)

B

4-15

4-

1

5-

9

5-20

60c

$3

(quar.)—

4-

7

3-28

37 %c

(s-a)

Virginian Railway, 6% preferred
Virginia Iron, Coal & Coke Co.

5-

1

4-17

'

4%

25C

preferred
(quar.)
Detinning Co.. 7%

•Vulcan

.Wabash
Walker

3-31

4-21

4-10

Co.,

;pfd.

4%%

$4.50

4-18

3-31

4-15

3-21

40c

(annual).

4-15

3-31

(Hiram )-Gooderham & Worts, Ltd.—
Co.

Warner

&

Warner

'"Warren

(Const.

Swasey

Brothers

Materials)

preierred

(quar.)

4-16

Co
Co.,

20c

(quar.)

common

preferred (quar.)
Ltd. (quar.)—

1

5-

1

4-15

5-

1

4-15

5-10

$1.06%

—

5-10

4-15

3-31

4-15

4-

$3

5-

1

1

4-15

'

1

4-15

(quar.)_
preferred B (quar.)__

$1.12V2

4-15

$1.05

4-15

4.10%

'Western
*

$1.02%

4-15

4-15

3-14

$1.40

(quar.)_.

f35c

preferred

$2.50

class

A

•

(quar.)_.

5-

.

(accum.)

$1

_

Insurance,

common

Common

-

Western

5%

Tablet

&

preferred

Western

Union

prior

Whitehall

Whiting

lien

Corp.

'•Wilson-Jones

(Alexander),

Wrigley

that the company'
dividend purposes
stock dividends in

"so
stock

necessary

for

determine

to

declare

Co

Power,

(William)

6%

Gas

&

Ltd.,
Jr.

pfd.

common

Co.

(quar.)

Appliance

—

Corp.

(quar.)

(monthly)

Monthly
"Monthly

75c

4-15

from

;

3

"Monthly




IIIIIIII

3,298,053

3,468,634

2,759,184

3,228,527

1,017,308

1,636,654

1,081,291

1,666,671

419,8^3

._

671,574

525,606

898,099

-Earnings—

1952
$684,660
321,621

1950

1949

$631,130

$536,181

$582,161

278^166

244,062

313,307

103,743

73,153

80,003

121,087

1,391,075
653,827
208,242

1,367,917
656,032

1,140,885

1,204,723

531,540

643,426

163,744

177,497

253,159

income

railway____

railway______
income—

oper.

175,

1951

1021.

p.

Manufacturing Co., Hillside, N. J.—Files

filed a letter of notification with the SEC
covering 1,650 shares of common stock (no par), to be offered at $60
per
share, without underwriting.
The proceeds are to be used for
working capital.
The company is a manufacturer of plastics toys and

.• •

novelties.

Cox

&

Fund,

San francisco, Calif.—Registers

The Fund

March

on

filed

28

statement with

registration

a

"

Commission—

covering 30,000 shares of beneficial interest

Corp.—Registers

Electric

filed

26

a

registration

Peabody

&

The

Co.

With

statement

offering

public

the

at

SEC

price

and

to be supplied by amendment.
$1,800,000 is to be applied to the retirement of
indebtedness incurred to provide additional working

be added to working capital. Such increase
view cf the high level of current operations
substantial volume of defense business."—V.
175,

a

''

'

'• ; ' ^

•.#!;

■

:

V

: '
'

•

•;

\ v.':'
'■

•'

"

will be

The proceeds

underwriting.

used

The
of

1952, .pursuant
Investment
1952.—V.

Co., Atlantic Highlands, N.
Name—

Gas

County

This

whose

company,

Natural

Co.,"

Gas

name

March

on

is

about
filed

31

to
a

be changed
registration

SEC

106,000

covering

shares

the SEC

.

general office fixtures, furniture and equipment
for resale in the former Jersey Central

inventory

4-30

4-

8

4-30

4-

8

5-1

4-18

5-1

4-18

4-19

3-26

4-15

4-

5-12

and .a merchandise
Divisions.

private financing includes $12,500,000 of 4%%
first mortgage
bonds,
series A,
due
1977; and $2,000,000 of 4%% -4%%
notes,
Bonds and notes to be redeemed amount to $1,823,439 in the aggregate.
174,

—V.

4-15

$1.50

4-30

4-15

20c

4-15

3-31

X 15c

4-15

3-31

5-

1

4-18

25c

6-

2

5-20

25c

7-

1

6-20

25c

-8-

1

7-18

held March 31,
„

,

the formation

for

in

Japan

of

announced
Chemical

to

company

a

was

Dow

of

President

on

March 28

manufacture
by

International

Clayton S.

Ltd.,

The

corporation,

new

associated

of

company

be

to

Dow

known

Asahi-Dow

as

International

and

Ltd.,

sub- "

a

Asahi

The

Co., of Osaka and Tokyo. Each of the firms will
interest in the> new company and
will be equally

Industry
stock
the

on

board

directors.

of

by

approval
Foreign

Initial

Shoemaker

Mr.

the

U.

S.

the

said

Bureau

be

an

Chemical

hold

50%

a

represented

is

now

Revenue

„and

agreement

Internal

of

will

Commission.

Investment

plans call for the construction

saran

Kyushu,
facture

of facilities for the production
and copolymers
at
Nobeoka, -on the island of
Shoemaker said Asahi-Dow expected also to manu¬

monomers

but

Mr.

filaments

saran

and

might

later

in

engage

other

lines

of

production.
Asahi

Chemical

manufacturing
prominent

in

is

one

general

a

of

the

line

production

the

largest chemical

of

basic

of

companies

chemicals,

rayon.—V.

175,

and

p.

is

in

Japan,

particularly

516.

.

Drilling & Exploration Co., Inc., Abilene, Tex.—Regis¬
ters With Securities and
company

March

on

28

Exchange. Commission—
filed

registration

a

statement

with

the

SEC

covering 400,000 shares of its common stock, $1 par, to be of¬
fered
for
public sale by an
underwriting group headed by Hornblower
&
Weeks, Harriman Ripley & Co., Inc., and
Blair, Rollins

&

Co.,

to

be

Inc.
The public offering
supplied by amendment.

Approximately

redemption

$695,000

of

price

and

$705,400 of the net proceeds

of

5J/2%

Gas

Corp., in connection with
properties, and $533,000 is to

sinking

underwriting
are

fund

terms

art

to be

applied to the
debentures of Tekla

acquisition of that corporation's
applied to the purchase of the
Warren
Wright Interests in certain properties in the Lisbon and
North Lisbon Fields, Louisiana.
The company, incorporated in 1929,
recently entered the natural gas business through the acquisition on*"
March

19,

1952

has

of

its

gas

interests from

be

natural

gas

into

entered

and

the

agreement

the

an

Estate

of

in Louisiana from Texla;
purchase additional natural
The balance .of the

properties
to

Warren

Wright.

are
to be added to general corporate funds
and
will
be
for any proper corporate purposes, including geological and
geophysical exploration, the acquisition and development of oil and gas
leases, and the replacement and modernization of drilling equipment.

available

Crowell-Collier Publishing Co.
—A secondary

—

Secondary Offering

offering of 13,000 shares of common stock

Wertheim & Co. at
$10.50 per share, with a dealer's discount of 60 cents
per share. It was quickly completed.—V. 174, p. 186.
(no par) was made on March 26 by

March

On
pany,

was

President

oil

25,

elected
of

John

E. Brantly, heretofore President of the com¬
Chairman of the Board, and C. A. Wiggins, formerly
& Gas Co. and more recently an independent

Adams Oil

in Texas

operator

and Louisiana,

was

elected

President.

Duluth, Missabe & Iron Range Ry.- -Earnings—

Deerpark Packing Co., Port Jervis, N.

Y.—Files—

letter of notification with the
covering 235,000 shares of common stock
(par 10 cents) to be
offered at $1.25 per share.
The proceeds are to be used to repay an
RFC loan of $41,050 and for working capital.
The

company

on

March

21

filed

a

SEC

from

Net

from

Net

ry.

Delaware, Lackawanna
The

company

is

& Western RR.—Interest—

notifying holders of Its Morris and Essex
due May 1, 2042, holders of its U. C.

(New

trust

York,

bonds

due

May

from

notifying holders of its income mortgage bonds
Lackawanna and Western Division) due May 1, 1993, that

p.

company

1331.

*1,237,022

♦1,395,776

*1,304,174

904,864

1,343,904
<*2,655,017
*2,697,579

479,383

Net

from

Net

ry,

515,007

♦2,738,099

*2,757,543

♦2,938,808

*2,946,068

*

railway—1

railway

—

income—

oper.

Deficit.—V.

175,

p.

*3.436,973
*3,593,727

915.

1,

is

also

interest on the bonds for the
year
1951 at the rate of $5 per $100 principal amount of the bonds
and
holders of its New Jersey Division first
mortgage bonds, scries
A and
B, due May 1, 1993, that the company will on May 1, 1952.
pay interest on the bonds for the year 1951 at the rate of $4 per $100
;principal amount of the bonds.
Payment will be made at the offices
of the company to bondholders registered on April 18, 1952.—V. 175,
the

*1,214,763

bonds,

mortgage

company

$329,887

*1,306,108

From Jan. 1—

Division

& S. V.
1992, holders of its Warren
'Division mortgage bonds, due May 1, 1992, and holders of its Oswego
and Syracuse Division mortgage bonds due May 1, 1993, that it will
on
May 1, 1952 pay. in addition to the fixed interest then due, con¬
tingent interest for the year 1951 upon the bonds.
Payments will be
made at the company's offices, Room 2008, 140 Cedar St., New York 6,
ito bondholders registered on April 18, 1952.
"Division

income

oper.

1949

$275,511

*1,319,214

1952
$519,192

railway

railway——__

1950

1951
$632,355

*1,448,896
*1,492,767

February—
Gross

Gross

The
3-10

at,a special meeting

proceeds

1988.

p.

4-28

1

agreement

The

The

offered

sidiary.

•

Into a purchase contract with Jersey Cen¬
tral Power & Light Co. pursuant to which the company is to acquire
the latter's gas properties at the base purchase of $13,757,386, subject
to
adjustment.
Net proceeds of the financing together with the net
proceeds of the private sale of other securities, will be applied by
the
company
(a)
to its cash requirements in connection with the
acquisition of the Jesrsey Central Gas properties; (b) to the retirement
of the company's outstanding' bonds and serial notes;
(c) to provision
for converting customers' facilities to the utilization of natural
gas;
and id) to the provision of additional working capital, the acquisition

be

Chemical Co.—Unit to Form Japanese Associate

Shoemaker,

of

of

to

1375.

709.

p.

plastic materials

J.—Registers
to ''New Jersey
statement with

the Fund
p.

Corp.—Exchange Offer Extended—

Illinois passed

of

Co.

175,

Dow
An

in

1-73,

corporation

Japan's

Stocks With SEC—To Change

underwriting.—V.

offer, > previously made to holders of common stock
will terminate at the close of business May 15,
to resolution of the board of directors of American

exchange

this

N. M.—Files

for working capital.

without

Domestic Finance

with

are

market,

awaiting

3-21

*12%c

25c

'

813,177
434,369

With Securities and Exchange

corporation on March 25 filed a letter of notification with the
SEC
covering 200,000 shares of preferred stock and 2,000 shares of
common
stock to be offered at a price to be supplied ,by amendment,

6-13

10c

________

195,499

income—

oper.

from

ry.

plan

No

3-27

1

$1

(quar.)

304,381

1021.

Dodge

additional capital to expand the company's
be necessary to dispose of common

it should

March

on

terms

"include

collateral

(mid-year)

Southern

4-15
7-

J60c

com.

1949

$1,604,297

429,047

295,621

railway-

Dillon-Beck

5

tlOc

.

(quar.)

—:

.<quar.)_"

Co.

6

9-

$1.43%

A

Inc.

Wisconsin Electric

-Wood

4-18
6-

50c

class

(quar.)

Electric

-Wisconsin

3-14

13c

Telegraph,

Fund,

Winnipeg

1

9-15

$1.25

'•Wheeling & Lake Erie Ry.,

.

5-

6-14

60c

Stationery, com. (incr.)

(quar.)

Westminister Paper Co., Ltd., class A
Class
B
(quar.)

4%

4-15

30c
30c

Life

1950

$1,264,523

717,335

The company on March 26

The

3-17

Ltd., class A (quar.)

J50c

Grocers,

Western

is

shares

Costa Construction Co., Inc., Albuquerque,

3-17

preferred C

17 %C

(quar.)

preferred

i4.20%
-

ry.

3-17

prior preferred

West Penn power Co.—

4%%

is

bank

:

4-25

tlOc
$1.25

(quar.)

Wellington Mills, Inc., 6% preferred (s-a)
West
Michigan Steel Foundry Co.—
7%

1951

$1,635,855

679,000

proposal

a

4-25

___

preferred

$5

4-

$1.12%

(quar.)—

_______

Waterous,

Co.,

3-26

4-15

37 %c

(quar.)

.

$4.25

,

62 %c

'Washington Gas Light Co., com.
,$4.50
preferred
(quar.)——

Weatherhead

should

~

of

Quarterly

5%

4-30

35c

preferred,—

t75c

Railroad

approving

on

Thetcompany has entered

class A preferred (quar.),—
Corp. of America
&

5-

10c

Vanadium
Vermont

vote

principal underwriter.

9-19
12-22

Co.—

B.)

1952

$1,697,535

railway
railway

from

—V.

7-16

1

12 %c

■V,

(s-a)

(quar.)—.

Co.

56,916

income—

p.

Net

4-15

1

15c

(quar.)

(quar.)_

common

convertible

Camp

5%

—

preefrred

6-20

7-

10-

62 %c

5%

$4

90,713

41,556

From Jan. 1—

cumulative preferred stock, 6%;
series
($20 pari, and 212,000 shares of common'stock
($10 pari, as
well as 106,000 common stock purchase warrants (entitling the holder
to purchase one share of common).
These securities are to be offered
in 106,000 units, each consisting of one preferred share, two common
shares, and one warrant. The public offering price and underwriting
terms are to be supplied by amendment.
Allen & Co. is named as the

1-2-53

62 %c

prior preferred

5%

Van

57,649

31,050

from

Gross

proceeds,

term

414.

p.

the

5%

/Valspar

85,723

25,882

railway__

175,

Net

involving
the issuing of such
presently being considered by the board."—V. 174,

Kidder,

by

the

which

4-16

4-12

I

>.

280,344

47,660

railway-

oper.

Net

3-28

30c

A

231,709

income

oper.

ry.

capital. The balance will
is considered desirable in

3-20

$1.50

common

vValcar Enterprises,

298,723

Detroit & Toledo Shore Line RR.

3-20

Co.—

(quar.)—
(quar.)—,
Inc.. 6% pfd.

30,516

273,423

February—

covering $4,000,000 of sinking fund debentures, due March. 1,
to
be offered
for public sale through an underwriting group

4-10

4-15

10c

—

(quar.).,

19,522

1021.

from

Gross

.

without

;

■

3-31

1

5-

t75c

—

(quar.)
-70c
convertible
preferred
(quar.)
United Stores Corp.. $6 preferred c(quar.) —
United Wallpaper. Inc., 4%
pfd. (quar.)—
Universal Leaf Tobacco Co.,. common (quar.)
Stockyards

4-10

37%C

.

.

(s-a)

preference

stock

additional

purposes.

corporation

1972

3-24

87 %c

.

4-15

United

United

.——

will

28

common

for providing

shares

Mining—

(increased)

Common

4-23

5-15

$2
50c

preferred

8,742

railway

from

—V.

SEC

short

(stock dividend)

com.

1st

non-cum.

S.

U.

fourth

Rubber Co.,

S.

3,942
25,480
434,056
494
2,645

_________

April

on

Cornell-Dubilier
The
the

Of

quarterly.
Second distribution of 2V2%
will be paid on May 1, third on Aug. 1

-.8%

27,562,883

4,427
25,310
476,578
488
2,884

outstanding

operations if

underwriting

distributed

be

to

in

such

for

headed

Corp.—

dividend

$30.79

—

—

3-20

4-

(quar.)_

common

$33.96

1988.

3-26

4-

20c

-50c

,

pfd. (quar.)

4%%

47,996

11,019

3

(quar.)

Co.

$5.33
1,126,711
11,065,729
16,074,841

-—

_

stock

directors

or

or

additional
p.

20c

& Guaranty

U. S. Lines Co.

3-28

4-18

future

stock

37 %c

—

__——_

$5.63
3,432,991
11,216,005
17,575,698

*

Capitalization—

available

the

case

facilities

30c

(quar.)

Foil Co.,-class A

(Class B

■

31

!___

common

Increase

have

the

62 %c

(quar.)

(quar.)—

31

stock

common

The-increase
will

6

4-18

50c

(quar.)

Publishers

&

Dec.

at

—

ry.

Gross

25,500.

to

6

4-15

50c

(quar.)

(quar.)

Certificates

1949

$141,628

24,594

railway__

from

from

Net

to
increase the authorized
common
stock from 500,000 shares (par $5)
to
1,000,000 shares.
There are presently outstanding 476,578 shares
of common stock and 25,310 shares of $3 prior preference stock.
It is
also proposed that
the authorized prior preference stock be reduced

4

4-15

t25c

Extra

United Shoe Machinery, common

Dec.

at

employees

The -stockholders

United Paramount Theaters, Inc.—
Common

2,150,000

prior preference stock outstanding—

cf

To

50c

Co.

1950

$109,453

24,049

railway__

Net

$1.12%

(quar.)——

United Fruit

1951

$128,467

19,032

4-19

(quar.)

(quar.)

orders
of

4-19

(quar.)_.

B

4,350,000

——

___________

stock

common

Shareholders,

15C

class

Ry.—Earnings—
$131,728

Income

p.

Net

4-19

America—

Tool,

&

4-19

5-15

92 %c

(quar.)—

Drill

2,639,930

38,550,241

income

on

Shareholders, prior preference stock

5-15

87 %c

Ltd.

1950

$35,362,896

___:—

plant

of

value

Shares

$1

i.:—

(quar.)
United Corporations, Ltd., class A

to

Shares .of

1

——

of

taxes

Number

3-31

4-15

.

preferred

for

Unfilled

$1.12%

—a;

Canada,

Co.

Book

3-31

t$1.75

(quar.)—

of

Biscuit

A

5

4-15

1951

taxes,

and equipment—
Working assets at Dec, 31
Stockholders' equity at Dec. 31

Missouri—

of

Co.

after

Additions

5

8-

11-

5-15

35c

$4.50 preferred (quar.)
$4 preferred
(quar.)—.
$3.70
preferred
iquar.)

B

5-

8-15

11-15

$1.12%

(quar.)

Udylite Corp.

profit

Earnings per common share

5

25c

25c

j.;——

O

From Jan. 1—

2,759,340

sales

Net

Provision

pfd. (quar.)_
Co. (Dallas)—

Insurance

Net

Inc.—

$1.25

Co.,

1,464,030

1021.

1952

oper.

175,

Net

$52,310,978

Calendar Year—

7

4-10

5c

Products

2,780,001

631,758

railway

from

ry.

Gross

Cooper-Bessemer Corp.—1951 in Brief—

5-15

2

1

11,210,181

1,351,030

1,805,735

railway

from

Net

6-

5-

8,348,698

3,655,192

Detroit, Toledo & Ironton RR.—Earnings—

(Continued from page 14)

6-

4-15

11,693,803

1,532,352

February—

$1.14
30c

924,151

3,510,400

915 and

oper.

Net

Investment News

$1.06%

37'/2c

ry.

—V.

7

(quar.)

from

Net

reported here.

are

7

—

252,606

income

from

Net

Corporation and

4-10

4-15

General

4-10

(quar.)_.

918,081

Detroit & Mackinac

lncorrec-.

were

994,762

February—

record dates

of

($6,044,100
1,760,669

railway-

175, pp.

Gross

holders

1949

607,547

12,438,409

railway

oper.

Net

25c

Corp., 4%% preference (quar.)
Tuckett Tobacco, Ltda 7%
pfd. (quar.)

United

Canadian non-residents' tax.
deductible at the source. Non»

4

5-

H6V2C

True Temper

.Class

—V.

tax.

or

from
ry.

Gross

1

(quar.)

Association

Univeisal

Class

Net

4

$1.14

Trust, Ltd.

payment

from

Net

tax.

income

1950

$3,857,334

1,849,796

income™.

oper.

1951

$5,424,429

2,205,259

From Jan. 1—

25c

.

income

Previous published dates

5-

!*_;
Invest.

Corrected

y

$1

A

United

Jamaica

7

4-14

$1

(guar.)

Caribbean

$4.50

British

Less

tax

1952

$6,434,026

From Jan. 1—

Gross

6-14

1

7-

20c

common

'Quarterly
-Quarterly

l

Less

x

(quar.)

preferred

United

funds,

ry.

51

Grande Western RR.—Earnings—

railway!
railway

from

Net

resident tax 7%.

15%;

a

1

5-15

(quar.)

(Minn.)

Building

$3.50

—

Canadian

in

resident tax

8-29

12-

1-1-53

Rio

&

from

Net

•Transfer books not closed for this dividend.

6%

25C

Co.

preferred

Treesweet

i

i.i——

2

25c

(increased)—!

Co.

Company

Union

(quar.)
(quar.)

5-

pfd. (quar.)—i—
$4 pfd.
(quar.)

Mig.

(quar.)

•«itan

Trinity

_____

(increased)

3-21

50c

(quar.)

-Class

preferred
preferred

(quar.)___

com

4-10
7-10
4-15
4-1
4-1
4-1

4-30
7-31
5- 1
5-1
5-1
5-1

3-15

12»/2C

(quar.)_

$4

General

Canadian

Trans

Co.

new

7

4-

20c

(s-a)_____

Inc.
(Cleveland)

Light,

Corp.

4.56%

(quar.)

Ltd.,

4-15

40c

Lines,

Service,

Thar

Trane

preferred

Gas

County

(Payable in U. S. Funds, less 15%

Steel

Gas

Malleable &

Power

Traders

convertible

37%c
37y2c
50c
tl7%c
131 'Ac
t37%c

(quar.)

25c

—

Co.

Tower

4.25'%

preferrd

30c

}$1.25

preferred

4%

Electric

Toledo

Gross

convertible

5%

Denver
February—

Co.—

—

Haute

$4.56

Zeller's,

40c

Terre

Third

York

4-10

40c

Texas
Texas

3-17

1

5-

100%

(quar.)__.

Taylor-Wharton Iron &
Terminal

6%

4-16

Share

of Company

Cab

6%

.

Inc.,

Tennessee

4-18

Yellow

of

(quar.)

(quar.)

Quarterly
Quarterly
Talon,

1

tlOc

Steel Corp. (quar.)
Supertest Petroleum Corp., Ltd.—
5%

4-12

5-

$1.12 Vi

Superior

Swift

4-24

25c

held)

share

each

for

common

Sunray Oil Corp., common

3-31

When -Holder*
Payable of Rec.

Per

-1

Name

of Rec

4-10

20c

—

preferred A (quar.)
(one
additional share

4%%

Oil Co.,

Payable

30c

Baer

Stix,

Holder $

When

Per
Share

Name of Company

,

,

(1479)

will

on

Mav

1,

1952,

pay

.Eastman Kodak Co.—Booklet on Isobutyls—
of the commercial production
alcohol .based on isobutyraldehyde
Eastman Co.. has published a
comparing the properties of these isobutyl solvents with their
butyl homologues with respect to their use in lacquer formula¬
with

Concurrent
of

isobutyl

from

booklet
normal

tions.

the

acetate

announcement

and

Eastman

Texas

isobutyl

Co.,

Tennessee

;

-

isobutyl acetate and isobutyl
alcohol are generally interchangeable with the normal butyl solvents
in furniture and automobile finishes, hot spray lacquers and specifica¬
tion dopes without altering any of the desired surface characteristics.
It
is also suggested
that these solvents can be used for preparing
reducers, lacquer thinners and solvent blends.
Conclusions

drawn

indicate

that

both

Copies of the booklet are available upon request
Co., Kingsport, Tenn.—V. 175, p. 318.

man

to Tennessee East¬

The Commercial and Financial Chronicle

Cleveland, O.—Files With SEC

Electric Products Co.,
The

r.omoany

covering 6

keg

Se

without

with the
000 shares of preferred stock to be offered at $»0 per
underwriting. The proceeds are to be used to reduce
filed

March 21

on

letter of notification

a

bank' indebtedness.

California—Private Place-

Electrical Products Corp. of
# -

Monday, April 7, 1952

...

(1480)

52

Frantzhurst

concluded on March 14,
Los Angeles and
to refinance the
indebtedness
of
$825,000 existing at Dec. 31, 1951 and Jend the
cempany $675,000 additional. The total indebtedness willMbefi$1,5, ^^'
•of which $500 000 will be payable to the Security-First National Bank
JNefotiations

semi-annual instalments of f0,000 each plus
interest at 4%, commencing Sept, 1, 1952, subject to contingent ai
optional amortization provision; $1,000,000 will be Payable t" 3j)^
jprttdentlal Insurance Co. of America in 20 semi-annual instalments
bC $50,000 each,
plus interest at 4Va%, commencing Sept. 1, 1957
or «t
such earlier date as the loan from the bank is paid in fu .
The loan agreement,
among other things, requires the eompany t
maintain
a
certain
amount
of working
capital to meet certain
financial requirements and places restrictions on payment oi
divi
in

Angeles

Los

Rights

Branch, N. J.

Electronic Associates Inc., Long

ftjlovd

announced that the

President, on March 28

Christianson,

F.

corporation's rights plan was an unqualified success.
49,417 rlighta
it issued
were
all exercised. The owners added $187,938 and
ncaulred 47,471 new shares.
.
Prior to the plan, 163 owned the company's 49,417 shares of out4itamling stock. After the plan, 259 owned the 97,482
jsharcs. The owners of 70% of the rights exercised these rights. Thirty
that

of the rights were transferred

for value. After the first lew
and 200 at $1.15, the

day a during which 80 rights were sold at $1.10
market varied from $1.25 to $1.35.—V. 175, p.

709.

Boulder, Mont.—Files

JElkhorn Mining Co.,
company

March 28 filed a letter of notification with the
SEC- covering 250,000 shares of common stock, to be offered at $1 per
£kat«, without underwriting.
The proceeds are to be used for working
capital.
'•Die

company

La.—Registers With

the

offered

public

for

through

sale

underwriting

an

headed

group

& Co.
The public offering price and underwriting
supplied by amendment.
All of the presently outstanding 200,000 shares of the common stock
of
the
company
are
held by Rawlston D. Phillips, President,
and
Hal S.
Phillips, Secretary-Treasurer, and their children, as are the
outstanding 100,000 shares of the capital stock of Delta Tank Manu¬

Peabody

Kidder,
terms

to be

are

Prior to the sale of the 120,000 shares of new
common,
the 100,000 shares of Delta stock are to be delivered to
General in exchange for 200,00 shares of the latter's stock
(which
have
an
aggregate par value equal to that of the 100,000 Delta
shares); and Delta thus will become a wholly-owned subsidiary of
General.
General Gas Corp. is engaged in the sale of propane and
Inc.

Co.,

propane-butane mixtures commonly known as liquified petroleum gas,
while Delta manufactures tanks and cylinders for storage of LP-Gas
and

other

defense

also manufactures artillery

and

purposes,

products.

shells and

other

.

shares will be
applied to the financing of tank sales by Delta to dealers, to the
financing of the conversion of trucks and farm tractors to LP-Gas
usage and the leasing and installation of tanks on customers' prem¬
ises; and the balance for working capital.
Net

proceeds

the

of

sale

General Motors

the

of

General

common

1952—3 Mos.—1951

1952—Month—1951

Passenger cars:

March 27
shares of capital stock to
muurket through Pacific Northwest Co., Seattle, Wash.
«rc to be used for investment.—V, 173, p. 1275....

72,390
22,303

Pontiac

Oldsmobile

210,200
64,697

26,440
7,370

334,801
102,736

54,259

123,700
37,103
36,120
42,986

18,803

———

Cadillac
Total

85,183
121,051

76,936
20,378

10,054

29,684

passenger

673,455

426,470

249,963

147,306

cars-

Trucks and coaches:
Chevrolet

Erie RR.

Equipment Trust Certificates Offered—

—

to April 15,1962. The certificates, issued under the Phila¬
delphia plan, are priced to yield from 2.00% to 2.90%,
.according to maturity.
The issue was awarded to the

April 1

-group on

bid of 90.055.

on a

Harris, Hall & Co. (Inc.) bid 99.518 and Salomon Bros. & Hutzler
99.309%, both for the certificates as 2%s.
These certificates will be secured by new standard-gauge railroad

equipment estimated
members

Other

of

cost

to
the

28,422

117,533

81,653

43,031

—-

79

208

266

494

10,754

13,047

29,851

36,241

39,255

56,286

111,770

include

group

Pressprich &

W.

R.

€6.; Freeman & Co.; and McMaster Hutchinson & Co.
EARNINGS

FEBRUARY

FOR

1952

February—
©toss

railway——
ry. oper. income—

Wet

1951

Total—U.

_

from

Gross

29,418,749
7.777,693

_

from

ry.

_

28,235,080
7,203,125

3,338,720

railway—
railway—
income—
—V. 175, p. 1021.

«efc

2,913,446

oper.

22,077,038
4,231,493
1,815,352

24,935,378
4,902,564
1,981,426

NOTE—March, 1952, figures are preliminary and subject to change.—
175, p. 48.

General Refractories Co.—To Split Up Stock—

been

have

100»/4
of J.

P.

Trust

called

for

to

the

without par value, be issued on May 20, 1952, to each
of the capital stock of the company at the
close
of business on May 5, 1952, for each share of capital stock held on
said date, including shares held for issuance in connection with scrip
capital stock,
holder

of

record

certificates

fractional

for

on May 1, next, $1,375,000
1961, through the sinking fund,
Payment will be made at the offices
& Co. Incorporated in New York or The Cleveland

May

1,

interest.

accrued

Co.

Morgan
in Cleveland,

O.-

v*

February—
Gross from railwayNet from railway
Net ry. oper. income—

STATEMENT

OF

EARNINGS

3 Months Ended January 31—
■

♦Profit
Prov.

taxes

and

foreign

Fed.

profit

V

'•.

revenues

income

before

for

cess

1952
1

•

sales—total

■

1951

$

$

'

224,064,005 211,042,771
24,017,550
22,472,869

.

income

and

175, p. 916.

12,200,000

14,700,000

1951

1950

*

•

$645,778

$623,345

$564,665

273,139
68,710

207,111
45,621

220,701
52,648

131,931
27,109

from

1,542,998

railway.—

1,388,195
476,793
112,664

1,249,077
454,456
117,647

1,172,372
258,477
54,265

railway
ry. oper. income
—V. 175, p. 1022.

533,850
126,778

JEanrings

share

per

9,317,550

—

10,272,869

$2.35

___

$2.60

____

♦After providing $2,603,000 for earnings of certain
foreign subsidiaries
to the 1952 period and $3,330,000 in 1951.—V. 174,
p. 995.

sold to a small group of pension funds, insurance
companies and others and mature in $5,000,000 amounts
each on April 1, 1963, 1965, 1967, 1969 and 1972.
TJ.

Purpose of the current refinancing is to replace a similar amount of
S.
bank loans presently outstanding in aggregate of
$90,200,000.

Total

item
to

appearing

Flathead

in

issue

our

Petroleum

Co.

of

March

See V.

31

175, p.

under

this

heading

1331.

Flathead

Petroleum

Tile item appearing under

•

Co.,

Monroe,

Wash.

•or

issue

of

March

Petroleum Co,"

31

See V,

the heading

should

175,

p.

have

been

published

under

Co."

in

"Flathead

The

March

stockholders

common

This

new

name began

on

March 27.—V. 175, p. 610.

action

on

stock
was

March

from

taken

company on March 28 filed a registration statement with th»
covering 300,000 shares of common stock, $1 par, to be offered
public sale through an underwriting group headed by Blyth & Co.,
Inc.
The
public offering price and underwriting terms are to b»
supplied by amendment.

Net

proceeds from the

ceeds

of

of

February—
Gross from
Wet

1952

railway

$3,944,069

of

holders

common

for

sale

to

stock

released

from

employees.—V.

preemptive rights of
175, p. 611.

railway——
Wet ry. oper. income—
From Jan

.

from

railway—:

Wet ry. oper. income—
—V. 175, p. 1021.

Gross

536,850

588,403

530,915

5,936,845
1,892,726
1,002,471

5,632,099
1,792,990

5,840,371

1,005,910

931,751

1,347,140

1952

t

from

from

1949

753,033

Fort Worth & Denver City
February—
Wet

1950

$2,969,993
1,051,421

$2,889,378

$2,934,923

1,035,919

908,256

1—

Gross from railway
Wet

1951

1,564,090

railway
railway
income—.

$2,008,244
714,982

Wet ry. oper,

Ry.—Earnings—
1951

$1,612,632
483,182

1950

1949

$1,205,832

$1,033,487

385,435

191,265

320,023

207,457

191,538

105,518

3.982,074

3,315,757

2,651,117

2,098,092

1,297,304

903.115
367,969

936,925

306,374

475,377

126,431

From Jan, 1—

Gross

from

railway
Wet from railway
Wet ry. oper. Income

175,

p.

916.




599,152

sale of

the stock,

together with the net proexpected to be realized from the

$1,000,000
Northern

to

general

activities.

Northern
common

also

has

Natural

Gas

stock

the

of

granted

Co.

has

agreed

to

purchase

shares

100,000

at $10.50 per share. The company
first refusal upon any natural gas

company

Northern

the

which the company proposes to sell.—V.

175, p.

1123.

has sold privately to six insti¬

company

tutional investors

an

issue of 30,000 shares of 4.60% cu¬

mulative preferred stock (par $100 per share).

The com¬
is engaged in an extensive construction program*
The financing was arranged through Lehman Brothers;
Goldman, Sachs & Co.; and The First Boston Corp.—
V. 175, p. 1332.
pany

Vending

Machine

Corp.,

Denver,

Colo.—

Files—
The corporation on March 26 filed a letter of notification with thecovering $150,000 of five-year debentures (in denominations of
$1,000 each) and 52,500 shares of common stock (par $1).
With each*
$1,000 debenture purchased there will be issued as a bonus 350 shares

SEC

stock.

of

The

used to

will be

proceeds

purchase patents.

No

under¬

writing is involved.

Cigar Machinery Co.- -Exchange Offer
& Foundry

above.- -V.

Co.

173,

2090.

p.

System—Bank Loan—

Brickley, Trustee of this System, has applied to theauthorizing the renewal and extension for one
the $7,000,00 unpaid principal amount of a bank
loan of $9,500,000 obtained in July, 1950, from The Chase National
Bank of the City of New York in order to obtain part of the funds
required for the discharge of the IHES 6% debentures as authorized;
by the Commission.
The notes issued in evidence thereof mature
July 27, 1952.
The Commission has given interested persons until
April 7, 1952, to request a hearing upon the application.—V. 175*

The

SEC

corporation on March 28 filed
500 shares of preferred

covering

share.

Each

purchaser

of

share

a

notification

letter of

stock
will

to be

offered

at

with the
$20

per

the

have

right to buy 10
shares of common stock at $1 per share.
No underwriting is involved.
The proceeds are to be used for milling and mining
one

Green Bay & Western RR.
from

from

Net

ry.

Gross

oper.

-Earnings-

1952

1951

1950

1949

$307,973

railway

$353,117
I 120,184

$264,443

$283,313

64,248

Net

from
ry.

97,692

income

24,855

49,018

34,752

p.

711,389

564,050

191,128

239,420

157,924

567,942
133,911

International Utilities

preferred
terms
the

on
March 27 filed a registration statement with
250,000 shares of its $25 par cumulative convertible
The dividend rate, offering price and underwriting

stock.
be

to

are

list

Ltd.,

Corp.—Registers With SEC—

corporation

the SEC covering

of

supplied

United

by

States

amendment.

underwriters

Butcher

and

&

Sherrerd

Nesbitt, Thomson

heads

&

Co.*

funds

and

which

will

that of the Canadian underwriters.

Net

of the
additional

stock

proceeds

furnish

available

required
struction

time

and

available

to

time

expansion
other

for

sale

working
providing such

for

from

will

capital
portion

by

its

added

be

to
of

to

cash

International

equity funds
subsidiaries to meet

requirements.

Such

proceeds

may be
their con¬

as

will

also

be

investments

by International, including
invest¬
development of natural gas resources in
Alberta and the participation in pipe line
projects in Canada.
$
International estimates that its subsidiaries will require
$7,670,000
for capital expenditures during 1952 and
$18,000,000 for the three
years
following, which does not include an estimated $8,000,000 for
additional
capital
expenditures
now
under
consideration
by
the
ments

in

connection with the

management.

64,122

107,769

73,475

36,034

of

The

Alberta.—V.

system

Income
1022,

•

on March 28 filed a registration statement with the
265,000 shares.of $5 par common stock.
Of this stock, 121,300 shares are to be offered for subscription by

company

175,

operates

almost exclusively

in the Province

319.

p.

Interstate Petroleum
Under

Registers With SEC—•
The

of

year

1332.

p.

32,443

630.036

railway.

railway

oper.

175,

order

an

75,335

railway

from

for

additional

will

Great Southwestern Corp., Reno, Nev.—Files With SEC

the

merger

became effective

vertible

as

of
of

Co.—Merger Effective—

this company and White Eagle Oil Co., which
April 1, each outstanding share of class A con¬

preference stock and

class

B

common

stock

of

Interstate

changed Into one share of new common stock of White Eagle.
surviving company will be known as White Eagle Oil Co.

was

The

to

the merger Interstate had been
exclusively a holding com¬
principal asset having consisted of 420,000 shares of old capi¬
of White Eagle. These shares have been
extinguished. Each
of the remaining 45,010 shares of White
Eagle were changed into 2.191
shares of new common stock.—V.
175, p. 917.

pany, its
tal stock

SEC covering

stockholders

1,599,680

stock

Natural Gas Co.,
will be added
funds of the company available for any proper corporate
which may include exploration for crude oil reserves, de¬
velopment of existing properties, acquisition of new properties, addi¬
tions to
plants and equipment, purchase of additional securities of
Husky Oil & Refining Ltd., a Canadian subsidiary, which engagesto

common

Gustin-Bacon Manufacturing Co., Kansas City, Mo.—

7,603,438
2,739,440

from

approximately
common

Prior

Ry.—Earnings—

remains unchanged at

for

The

announced.

Following the two-for-one stock
split last year, the number of
outstanding shares was increased to 4,130,564 which left too narrow
a
gap between outstanding shares and the authorized amount, it was
pointed out.
The stockholders also approved an increase from 250,000 to 500,000

—V.

Florida East Coast

company

Husky Oil Co., Cody, Wyo.—Registers With SEC—

SEC

26

31 approved an increase in the author¬
5,000,000 to 15,000,000 shares.
to provide sufficient shares
in reserve for
issuance should the occasion arise.
There is no immediate expectation
that any of the
additional stock will be issued, P. W. Litchfield,

ized

Net

1331.

the

of

International Hydro-Electric

From Jan. 1—

"Flatland Petroleum

debt

The

below.

approved a proposal to change the
of this company to Gillette Co, Dealings on the New York Stock
on

February—

Registers

current

corporation operates 572 branches located in 386 cities of 2S
states and 10 Canadian
provinces.
For the year ended Dec. 31, 1951,
the company made 1,871,915 loans totaling
$526,927,285 and reported
gross
income from operations of $62,421,836 and net income after
taxes of $12,538,986.—V.
175, p. 1223.

Bartholomew A.

stockholders

Net
—

and

The

International

Gillette Safety Razor Co.—Name Changed—
The

Gross

With Securities and Exchange Commission—

funded

approximately $200,000,000.

See American Machine

expenses.

Fiatland Petroleum Co.—Correction—
The
jofefers

2331.

p.

were

be

profit

the Ufa

to

Gillette Co.—New Name Adopted—

-n

•Net

170,

Insurance
1949

-

$773,293

from

shares

ex¬

taxes

*

'

1952

From Jan. 1—

Chairman,
CONSOLIDATED

Wet

shares.—V.

Goodyear Tire & Rubber Co., Akron, O.—Stock Incr.—

redemption

debentures due

and

loans.—V.

Privately—The

the approval of stockholders of an increase in the
capital stock at annual meeting to be held April 26, 1952,
directors on March 28. authorized that one additional share of

Subject

authorized

Exchange under the

There

over

allocated
supplement

is

Indianapolis Power & Light Co.—Sells Preferred Stock

name

Firestone Tire & Rubber Co.—Partial Redemption—
4(1 20-year 3%

827,723

538,240

306,249

186,561

See Gillette Safety Razor Co.,

From Jan. 1—

JNet

plants

S.

Net

1949

trust

fund

ly—The corporation has placed privately through Lee
Higginson Corp., an issue of $25,000,000 3%% serial de¬
bentures, it was announced on April 2. The securities

of

Gross

1950

this

to

Household Finance Corp.—Debentures Placed Private¬

in similar

Net

MONTHS

TWO

$14,477,106 $13,394,308 $10,411,707 $11,913,047
3,748,117
3,112,273
1,935,925
2,307,181
1,638,237
1,198,345
852,432
935,422

railway—

from

from

®Tet

FIRST

AND

bank

154,268

Tot. trucks and coaches

.

$2,265,000.

offering

is $243,700 which goea

total

Profit-Sharing

covering 40,320 shares of capital Shock to be offered at par ($S
share without underwriting. The proceeds are to be used to reduca

per

Georgia Southern & Florida Ry.—Earnings—

#111

This

purposes

—

Pontiac __i

V.

Halsey, Stuart & Co. Inc. and associates on April 2 of¬
fered, subject to approval of the ICC, $1,800,000 Erie RR.
2%% serial equipment trqst certificates (second equipjment trust of 1952) manuring semi-annually Oct. 15, 1952

the

make

to

years.

Home Telephone & Telegraph Co. of Virginia—Files—*
The company on March 21 filed a letter of notification with the

SEC

sale

be offered art
The proceeds

500,000

current contribution

Trust

nine

SEC

Chevrolet

Wash.—Registers With SEC
'filed a registration statement with

on

covering

the

of almost $2,000,000
provided by the Annuity Trust, there
$3,400,000 of group life available to employees.
The contributions of employees to the
pension plans amounted to
$103,490 for 1951, and $641,649 since 1942.—V. 175, p. 917.

Corp.—Production by U. S. Factories

Period End. March 1-

on

corporation

&EC

the company's

for

also

^

by

Eyuity Fund, Inc., Seattle,
TDjo

in

Profit-Sharing

$2,000,000

insurance

GMC truck and coach-

ttko

the

to

corporation on March 28 filed a registration statement with
SEC covering 120,000 shares of its $5 par common stock to be

Buick

Tex.—Files With SEC

and

Included

The

on

Empire Machinery Co., Odessa,

company's

to company employees
participating In the Annuity Plan to
their retirement Incomes and related benefits.
In addition

171, p. 2300.

General Gas Corp., Baton Rouge,

M.

Hecht, President, announced the payment on March 31
ninth annual contribution to Employees' Pension*
Profit-Sharing Plans. For the year 1951 the amount is
$897,413.
Since
the pension
plans were established in
1942 ove*
$8,000,000 has been set aside out of earnings for retirement benefits.
the

Annuity

Securities and Exchange Commission—

With SEC

March 19 filed a letter of notification with the
SEC covering 50,000 shares of common stock
(par 10 cents) to be
offered at 10 cents per share, without underwriting.
The proceeds
mro to
pay for exploration costs.—V. 173,
p. 2188.
The

the SEC

with

filed

was

Samuel

of

is

,

iper cent

notification

General Fireproofing Co.- -Acquires Property-

facturing

400% Exercised—

of

March

See Boston & Albany RR. above.- -V.

10

deads.—V. 172, p. 844.

letter

capital stock, of which 30,000
construction and to salesmen,
and 140,000 shares will be offered at $1 per share, without underwrit¬
ing.
The proceeds are to be used to build lakes and buildings and
stock lakes with fish.—V. 175, p. 1331.

commenced in 1951 and

were

the

to

tfecht Co.—Contributes* to Employee Trusts—

Springs,

Colorado

Co.,

27 covering 170,000 shares of
shares will be issued as part payment for

whereby the Security-First National Bank of
Prudential Insurance Co.
of America agreed

The"

amendment

An
on

meat of Notes—
1.952

Lakes

Rainbow

Colo.—Files With Securities and Exchange Commission

at

subscription

price

the rate

and

of

one

share for

underwriting

each

terms

five

to

shares held.

The

be

supplied by
amendment.
The balance of the shares are to be offered for public
sale by the present holders thereof, including A. I. Gustin, Jr., Presi¬
dent, for which the public offering price and underwriting terms are
to be supplied by amendment.
Morgan Stanley & Co. is named as the
principal underwriter.
The company Is engaged in the manufacture of glass fibers, glass
fiber insulation, and other glass fiber products; the production of a
plastic bonded organic fiber mat principally for the automotive field,
and the distribution of certain mechanical products for railroad and
industrial uses. The net proceeds to it of the sale of the 121,300 shares
will be used in part to repay $1,000,000 of short-term hank loans In¬
curred for the purpose of

replenishing cash

are

resources.

A portion thereof

Interstate Power Co.—Bonds

Offered—Salomon Bros.
April 4 offered $2,000,000 of first mortgage
bonds, 3y2% series due Jan. 1, 1982 at 101.682% and ac¬
crued interest.
The issue was won by the bankers
at
competitive sale on April 2 on their bid of 100.9137.
& Hutzler

on

Halsey, Stuart & Co., Inc., bid 100.85 and White, Weld & Co and
W. Pressprich & Co. (Jointly) bid
100.089, both for the bonds as
Bids for a 3%% coupon were:
Kidder, Peabody & Co. and Shields
& Co. (jointly) 101.83; and
Smith, Barney & Co., 100.099.
The
bonds are
redeemable
at
general redemption prices rangln»
from 104%%
to par and at special redemption
prices ranging from
101% %
to par, plus accrued interest in each case.

R.

3y2s.

PROCEEDS—Proceeds

also is to be used from time to time to purchase additional equipment
to increase capacity, and the balance will be used for working capital

345,833

shares

by

company

and other corporate purposes.

promissory

the

of

notes

from

common

to

the

stock

sale

being

of

the

offered

bonds

and

separately

the
will

discharge $4,250,000 principal amount
owing to banks, issued for construction

sale
be

of

usedj

of

purposes*

.Volume 175

Number 5105

The

the

balance

of

will

proceeds

The Commercial and Financial Chronicle

.

.

.

used

be

to

the

of

part

pay

Lincoln Electric Co.—Wins Patent Suit—

ex¬

penditures of the company Incurred and to be incurred for extensions,
additions and Improvements to the properties of the company and its
eubsidiaries.

A

for

public

registered
and

East

public

operating

an

utility

is

and

also

a

holding company by reason of its ownership
voting stock of Interstate Power Co. of Wisconsin

utility

shares of

the

all

of

is

Electric Co.
The company owns property in Iowa,
Minnesota, Illinois and South Dakota.
The
company
is engaged as a public utility company principally
In the
generation, purchase, transmission, sale and distribution of
electricity.
The company and its -subsidiaries supply retail electric
Dubuque

cervices in 256

communities and

to

than

more

12,000

rural

customers;

said

and

transportation
service in two
communities.
Last
year
it
more than 99,500
electric customers and over 12,300 gas cus¬

bus

eerved

tomers, and carried over 6,700,000 passengers in buses.
EARNINGS—Total
aries

for

With

revenues

operating

Stock

of

the company

for

revenues

1951 was $15,175,859

and subsidi¬

and net income was $1,900,000 compared

$13,773,534 and net income of $1,867,968

for

345,833 new shares of common
Etock (mentioned above) are to be first offered for sub¬

share

per

Smith, Barney & Co., who were awarded the issue on
April 2 on their bid specifying an underwriting compenEation'of 14.25 cents per share.
Other

underwriting

Brothers,

Fenner

Beane

&

Chare.—V.

175,

bids

stock,

the

for

received

were

cents per share; and Merrill
Kidder, Peabody & Co. (jointly)

and

1332

pp.

follows:

as

Lynch,
18.6

Pierce,

cents

of

sitting

Union

Carbide

fringed
two

—V.

175,

$

EEC
at

covering

shales of

15,000

$18.05

approximately

The
used

Carbide

With SEC—
the

stock (par $1) to be offered
its executives and employees,
to be used for working capital.

to

per

are

173, p. 1405,

Lehigh & Hudson River Ry.—Earnings—
February—
Gross
Net

from

Net

ry.

1951
$262,504

$264,443

railway

1949
$212,428

31,583

from

Net

ry.

railway

535,560
220,468
89,799

534,839

173,366
74,006

oper.

♦Deficit.—V.

175, p.

382,169
70,225
*256

469,883
105,680
220,039

Chicago,

Co.,

III.

Debentures

—

Privately — The company has placed privately
through Reynolds & Co., $500,000 of 5% senior deben¬
tures and $500,000 of 6% sinking fund (subordinated)
debentures, series A, both issues dated March 1, 1952 and

1962.—V. 172,

fluxes

An

earlier

is

Hammond,

937.

p.

&

headed

Co.

Stock Offered—Riter

Corp.—Preferred

Loan

underwriting

an

which

group

offered

issue of

115,000 shares of
90-cent
cumulative
preferred stock, 1952 convertible
series ($10 par value) at $15 per share.

publicly

The

preferred

new

stock at the
version

and

to

help

to

ment

after

be

expansion

any

The

small

loan

and

of

decision,

and

loans.

is

they

notes.

previous
The

index

income
the

of

of

$4,899,758

credit

company's

operating income

selling

its

and

loan

are

plans

company

and

engaged

are

also

operate

active

63

net

growth,

recent

income

com¬

CAPITALIZATION

GIVING

1947

volume

EFFECT

TO

subordinated

June

30,

1960,
3%

due

Jan.

notes,

in

in Illinois,

1952

1,

serial

to

Preferred

Indiana,

Cumul.

FINANCING

program

of

of

use

90c

to

per

annum

A

common

stock

(par

Class

B

common

stock

(no

*Does

reflect

not

imately
serial

notes

Insurance

of

Co.

bank

the

of

loans

$14,120,000

company

Feb.

of

which

meeting

proceeds

paper

As

Feb.

of

banks

the

of

29,

1952,

business

1952,

the

to

principal

and

they
respective
_.A

severally

numbers

of

firms

&

of

shares

set

——.

23,000

Blair, Rollins & Co. Inc.— 10.000
D.

Jones

&

Fairman

&

10.000

6,000

Harris,

Inc.

corporations
of

the

purchase

forth

G.

per share.

&

I.

&

Campbell,

Van

4.000

Sterling,

Morris

3,000

5%

man

Sons

M.

T.

Simon

Co.,

—V. 175,

p.

Co

&

stock

series

800

fluxes.

It

Debenture

also

to be

to

the

be

to

P.

■

for

ing
the

proposed

financing would primarily be added
finance an increased volume of business

to

contracts.—V.

174, p.

to

are

be

The

Acceptance

of

privilege

share.

The

Lunt

Three

to be offered
March

amount

in

10

on

a

units

debentures

of

working capital.—V.

March

on

to

purchase

proceeds

filed

21

174,

-

of

at

share

one

$23.50

The

2,500

Shillinglaw, Bolger &

Co.

company

the stock era
The terms off*

of

It

has

specialized

to

activities
the

to

work¬

restore

equipment.—V.

vacuum

of?

isr.

company

developmnt
business

growing

a

funds

purposes^

company!®

The

commercial

developed

high

and

equipment.

and

and

the

support

175,

p.

off
the*

in

*

423l

Shirt Shops of Delaware, Inc.—Files—

shares

of

filed

was

stock

common

proceeds

per

the SEC

with

to

$1),

(par

March 26 coverings

on

offered

be

to go

are

at

markets;

the

share) through Rosenthal & Co., New York.,
to Sylvan Cole, the selling stockholder.—V. 175a

1024.

p.

1952—4 Wks.—1951

1952—12 Wks.—1951

$27,782,533 $28,312,829 $81,255,393 $84,268,73®.

—V.

175,

1024.

p.

Nesco, Inc.—Purchases Fleck, Inc.—

of

unit,

per

The proceeds

Purchase

business

the

of

prominent

on

of

Fleck,

Inc.

J.),

(N.

originator

and)

manufacturer

announced

of

Terms

notification with

of

used

be

of

class

stock

B

for working

at

capital.

Nesco

of the infra-red broiler, by Nesco, Inc., ww
by William Howlett, President. I'
purchase were not disclosed, but Mr. Howlett said

March 31

the

acquired

the

all rights to

and

operating

assets of Fleck, Inc., including
firm's products.—V. 173, p. 1701.

the

patent®

the

$1

per

under¬

No

New
This

authorization

offered

be

transformers

power

have

Pa., in connection with
program.—V. 175,
p.
1224.

construction

their

installed

been

Net

the

Michigan Steel Casting Co.—Files—Rights—
The company on

March 27 filed

letter of notification

a

covering 40,250 shares of common stock (par
subscription to stockholders of record March
without underwriting.
—V. 169, p. 2960.

The proceeds

$1),

to

at

31

acquired

its

the

on

applied

either

subsidiaries,

capital shares.—V.

175,

the

SEC

for

through

be

of

advances

The

is

to*

publie

purchases).

added

furtherance

(which

fixed

by competitive
unsubscribed shares
(in¬

the

be

date

statement).

to

are

stabilization

in

in

record

registration

proceeds of the financing will
and

with

to the

the

general

construction

purchase

or

of

funds

of

programs-

additional

1333.

p.

with the SEC

be

offered

$5.25

for

share,

per

to be used for working capital.

are

held

NEES'

underwriting terms
underwriters to acquire

company

of

of

application

an

additional common shares, to*
stockholders at the rate of one new*

920,573

by

shares

date

shares

any

sell

and

the

cluding

$1,500,000

new

eight

System—Financing Plans—
filed

27

and

subscription

each

price

bidding,

Electric

issue

to

effective

offering

March

on

for

for

the

Electric

England

system

share

at York,

company

In

connection

ment

New Jersey Natural Gas Co., Atlantic Highlands, N.

JL

—Proposed New Name—
See

the

1972,
will

be

with

the

with

the

Co.

County Gas

or

on

effective

covering

by

New

filing

on March 20 of a
registration state¬
$20,000,000 of 20-year debentures due
announces that it is expected that public offerings
about April 9 subject to the registration statement

SEC

company

made

becoming

that

date.

See

V.

175,

1332.

p.

In

above.

a

Mining &

of

portion

a

of its outdoor advertising holdings in Southern
Nevada, Western New
Mexico and
Arizona
to

Southern

Outdoor

Advertising

March

on

31

included

sale

adjacent

by

Co., a California corporation, was an¬
National Advertising Co.
poster panels located in Long Beach, Cal.,
number of local painted bulletins and local

cities.

A

National

Co.,

owned

subsidiary
of Minnesota
Mining & Manufacturing Co., explained that disposal
of these holdings was in line
with the company's policy of selling
and servicing national and large regional accounts rather than
purely
local

accounts.

had

V.

acquired

175, p

as

previous acquisitions,

result of

a

the officials said.—

1332.

The
All

V.

the

New

York

Edwin
will

office

floor

second

at

H.

to

company

Avenue,

New

than

more

feet

largest

13,000

This

feet.

safes

175, p.

is

and

March

to

a

the

service

under

the

other

four

introduced
Prices

April

on

OPS

*

1.000

similar

Co..

1,000

a

tubes,

approval

known

this Chicago

by

$199.95
$339.95

to

for
for

a

a

Net

plan.—V.

from

Net

to

ry.

the

space

acquired

the
in

from

Gross

luxe

on

receiver

to

tubes

conform

expected

Sharing
April

1

Although only 4 >4
Over

—V.

5,300.

175,

p.

models

rectangular
20-inch

and

with

line,

and
were

firm.

ebony

tube

rectangular

price

Motorola

812.

the

that

regulations,

pursuant;

p.

would, be

eligible

to

participate in tbw

had 'any pension,

retirement'

519.

1952

1949

$9,002,069

$9,653,OUT

1,843,295

493,566

*592,817

*392,60*

915,404

*89,400

*1,220,245

*1,172,42*

25,455,691

22,411,184

17,451,092

19,696,933

1,939,063

2,094,491

*2,047,001

*800.881

195,918

876,271

*3,363,824

*2,588,703

income—

oper.

1950

1951

$13,202,374 $10,464,123

railway

Net

from

Net

ry.

railway

railway

income—

oper.

175,

p.

1024.

tube

with

prices
formal

Oil

first

Co.—Pipe Line Completed—

crude

oil

through the final portion of the company's nevr
between Wood River, 111., and Lima, Ohio, ha*
was
announced on March 28 by O. F. Moore^
Manager of the company's pipe line department.
The completion of the last 117-milc section of the line from Sheridan,
Ind., to Lima marks the final stage of the
company's project of
replacing and increasing the capacity of Its former crude oil trunk
pipe line system which had been operating for more than 40 years.
Work was begun on the new line in September, 1950, and the portion
between Wood
River and Sheridan has been
in operation since last
355-mile
arrived

pipe

at

June.—V.

line

Lima,

it

174, p. 2359.

shortly.-

Fund

by

He stated

parts.

OPS

65,

age

175,

railway.

from

The

blonde, limed oak cabinet. In announcing the new
President, noted that the prices were all-in¬
the Federal excise tax and the one-year warranty

corporation1 transferred

Profit

Models—
table

established

2132.

p.

Series"

be

From Jan. 1—

that

television-radio-electronics
17-Inch

de

Contributes Record
$2,938,449
Sharing Fund for 1951—
The

them

of

seven

the "Convention

as

It would

including officers of the corporation and its sub¬
who will have completed at least 10 years off

February—

the

Galvin,

including

and

1,000

in

computed

nounced

Inc._

model

V.

picture

were

1

from

range

Paul

receivers,

consoles,

years.

The corporation has not heretofore

plan.

Ohio

television,

new

two

65

age

attaining

upon

♦Deficit.—-V.

New

past

salaried,

and

sidiaries,

fall.

Motorola Inc.—Introduces Eleven

the

move

addition

in

The company now has more than 1,000 dealers.—V. 170,

Eleven

retirement pension plan that will be submitted for storkthe annual meeting on April 8 is the result of studies

over

proposed agreement with The Prudential Insurance Co. of America),,
effective date being Jan. 1, 1952. All regular, full-time employees^,

Gross

29.

at

space

vaults

the

711.

conducted

the

of

portion

shipping

have Interstate Commerce Commission consents
by the seven smaller railroads is pres¬
Central.
Thus, there would be no material
operations because
of
the merger.
See
also*

operated

North American Car Corp.—Pension Plan—

the

divisions,

expansion

office

bank

ana

on

the

and

warehouse

of

major

that

said

square

a

announced

was

showroom

industrial

of

last

it

York

manufacturer

City

has leased

President,

Sr.,

Mosler's

square

world's

this
Fifth

Mosler,

increase

address

of

320

also

mileage

Northern Pacific Ry.—Earnings—
with

pace

Lee RR., Walkill Valley RR., Toledo
Erie
&
Wheeling
RR.
and
the
Federal

Fort

holder approval at

Space-

of an expansion program designed to keep
of
its advertising,
export, and Cash-O-Matic

part

growth

must

plan
of

under lease to
change
in
physical

or

Mosler Safe Co.—Adds to N. Y. Office
As

&

Lake

RR.,

ently

hourly

By selling these holdings to United Outdoor Advertising Co., National
Co. has reduced the amount of local business which it

Advertising

York

New

Central

The insured

wholly

a

seven

RR.,

Valley RR.

included in the sale.

were

Advertising

RR.—Merger Proposed—

simplify the Central's corporate structure, stockholder*
the company's annual meeting in May to approves

of seven wholly owned subsidiaries with New York Central Rife
subsidiaries are the West Shore RR., New Jersey Junc¬

merger

The

paper

bulletins also

of

at

asked

be

tion

Central

York
effort to

an

will

Ohio

1,000

Co
&

plant

new

research

obtained.

(approximately $12

basis

rata

pro

2548.

p.

letter

a

share

one

to

are

General

new

by this

1.000

and
Rice

funds

manufacturing

in

letter of notification

be

clusive,

1,500

&

and

Sales

Metropolitan Edison Co.—Three Transformers Instal'd

;

on

1,000

Co.

the

between

price

equipment and

new

writing is involved.

2 000

Co._

&

market

offering price isr

'

covering 150.000 shares of class A capital stock (par $1) and
3,000 shares of class B capital stock (no par), the class A stock to be
offered at par.
Each purchaser of 50 shares of class A stock will have

2 000

2,000

Pinney

agreement

the

value, to be*
headed by

par

group

public

SEC

model

I

Craigmyle,

by

to

additional

scientific
of

initial

The

be supplied by amendment.
financing will be added to general
be available for general corporate

supply

invested

National

Corp. of California—Files—

record

face

$20

corporation

console

Prescott, Wright, Snider Co.
&

the

will

research

in

results

A

Mercier Packing Co., Inc., Rochester, N. Y.—Files—

sets,

2,000

Simonds

to

are

of

to

stock, $1
underwriting

an

National Tea Co.—March Sales Lower—

for

used

2,000

Co

Inc.

determined
related

registration statement with th®

a

common

Exchange just prior to the offering.

and

manufacture

2191.

price

proceeds

capital

of

through
Jackson & Curtis.

Curb

company

engaged

Lavedan,

shares

sale

underwriter
York

increased

called

F.

March 28 filed

on

underwriting

Net

the

insti¬

to
■.

will

according

with the

Corp., Cambridge, Mass.—Registers?
Exchange Commission—

and

100,000

fixed

a

the
New

particularly

shareholders

proposal,

With SEC

registration statement

a

276.

p.

public

Webber,

be

and

Issue—The

sold

for

Paine,

plan for the issuance

a

corporation

covering

offered

1,000

and

table

Co., Inc.
McCarty & Co.

McKelvy




and

174,

Research

Securities

The

SEC

infringement charges on Lincoln's
for industry.—V. 174, p. 2457.

approved

the

stockholders

common

2.000

&

Irving J.

1224.

700

junior subordinated debentures,

plastic

2,000

Co

Baker

Williams

2,500
&

2.000

...

Inc.

2.500

Co

Woodard-Elwood

in

restric¬

any

through Guardian Securities Corp., San Francisco, Calif.

names:

Hamlin

Bous-

With

the

The company on March 20 filed a letter of notification with the SEC
covering 2,030 shares of common stock (par $5) and $40,600 of 10-year

the

Baker,

2,500
&

company

Gardner__
&

&

National

con¬

as

upheld

from

filed

31

market,

investment.—V.

by

The proceeds are to be used to purchase

Mercantile

Shares

Shaughnessy

4,000

Corp—

well

and

Corp., N. Y.—Registers

March

on

Period End. Mar. 22—

2 000

Etraus, Blosser & McDowell

West

are

2,000

Thayer,

&

their

4,500

Co

Carbide's
as

Investors

corporation

covering 600,000 shares of capital stock (par $11 to be offered afc
without underwriting.
The proceeds are to be used for

the

stock

Granbery, Marache & Co._
Metropolitan St. Louis Co.

C.

&

below

Fulton, Reid & Co

4.000

Chace, Whiteside,
Winslow, Inc.

The

SEC

for working capital.

12,000

group

preferred

the

Edwards &

4,000

Boenning

a

'
A.

Ecott, Horner & Mason, Inc.

Etix

named

new

opposite

Mason, Moran & Co
Newhard, Cook & Co

Noel

the

subsidiaries.

from

5.000

Alstyne

and

with

with

$15.4®

Court

March 28 filed a letter of notification with the SEC
covering 20.000 shares of capital stock (par $1), of which 18,000 shares
are to be
publicly offered at $15 per share through C. E. Unterberg &
Co., New York, and the remaining 2,000 shares to employees at $14

$415,000

loans

time

credit

of

of

Reinholdt

Co

Johnston, Lemon & Co.—
Bills,

bank

to

short-

amount

and

loans

such

and its

lines

Shares

Co

Edward

had

shares

to

the

The company on

Life

($860,000).

outstanding

time

company

and

the

Union

allowed

manufacturers

preferred

largely

defense

to

Long Island

agreed

.

Riter

the

Mutual

Co.

aggregate

of

from

Cumula¬

$18,030,000.

underwriters

have

of

had
bank

amount

company

National

Union

Marquardt Aircraft Co., Van Nuys, Calif.—Files—

subordinated

England

the

represented

varies

47*

Assurance

in

paper

7,500 shs.
1952.

1,098,07/

$15.25

share

per

198.

p.

^Includes approx¬

§The

New

company

The

paper.

UNDERWRITERS—The
the

the

outstanding

amounting

by

Continental

$13,705,000

commercial

commercial

Cf

held

are

of

the

of

working capital,

306.188 shs.

29,

reissued.

conversion.

commercial

represented
requirements

not be

for

and

29,

and

subsequent to Feb.

may

reserved

($1,290,000)

NOTE—As
term

converted

143,000 shares

115,000 shs.

$600,000 shs.
7,500 shs.

value)

conversions

tive preferred stock

*45,845 shs.

$5)______
par

welding

which

Major of

claims

claims

Corp.—Plans

March 27

Officials

116,300

series

1,225,438

temporary 378 70 debentures due 1976 may be exchanged for
definitive debentures at the Manufacturers Trust
Co., 45 Beaver Street*
New York, N. Y.—V. 175, p. 919.

the

reflectorized

1952 conv. series,
dividend)__

Class

that
the

of

hundred

development

Carbonic
on

attributable

'and

in¬

*161,463 shs.
conv.

claims

Judge

said

the

Lincoln's

15,
1952 to act on
Chairman of the Board.,

The

$2,150,000

200,000

period

process

to

relating

four

Chief

language

several

welding

California,

'

inclusive

stock,

the

covering

claims

these

opinion,

having

restrictions imposed

special

nounced

$10)

pfd. stock,

the
in

May

Sale

Outstanding

§$2,250,000

annual

Carbide

four

was

decision.

clear

frees

their

on

United

1,

of

The

The Court

Manufacturing Co.—Advertising
Unit Sells Part of Its Holdings—

Liberty Loan
in

1972

(par

pfd.

Cumul.

of

due

to

1953

stock

July

Union

It

gone

the

Minnesota

$278,564.

PRESENT

end

at

National Dairy Products Corp.—Definitive Debentures)

has challenged Union Carbide who
the submerged arc process and any

an

issued

a

debentures

of

stalments

As

semi-annual

inclusive

Corp.

(90c

serial

1950,

instalments

172,

Feb. 28,'M

Feb. 29,'52

$18,689,420 $16,977,92V:»

outstanding

asset value

—V.

Co., Inc.—Assets Higher—

assets

the

$15,445,848,

was

was

Authorized

4%

between

Net

Securities

-

net

Shares

litigation.

the

in

discount

$712,249.

the Navy, has beem

of

175, p. 49.

instal¬

chiefly

in

offices

of

$1,682,573 and net income

was

litigation

of—

Minneapolis-Honeywell Regulator Co.—Offering Date

are

They

and

As
Total

by the Court of Appeals.
in December, by the U. S. District Court,
against Lincoln.
The
Court of Appeals

that

made

decision

removes

1957

Indiana, Maryland, Michigan, Virginia, Wisconsin and Colorado. During
1951
the
company
reported
total
business
volume
of
$34,461,669,

operating

lengthy

however,

given

writing

in

ignored

representations

redeem¬

31,

capital and

The

of its small

subsidiaries

its

although

instalment

claims of

had

reversed

Appeals,

tentions

.

business,

direct

A common
share. Con¬

stock

new

working

to

bank
bank

utilizing

of

finance

class

common

share through March
plus accrued dividends.

added

outstanding

BUSINESS—Corporation
the

per

will

$0.85

business.

note

loans

time into

1962.

31,

$16

proceeds

practice

to

paper

March

at

thereafter,

share

reduce

the

continue

mercial

new

at any
preferred for each

option

per

PROCEEDS—Net

expected

a

convertible

is

cease

company

$15.50

at

1

rate of one

rights

able' at

April

on

was

Seventh

brought

carried twice to the Supreme Court.

settled

now"

Ind.,

unanimously

the

Liberty

the

welding.

arc

process.

Placed

due March 1,

covering

upheld,

the

in

these

to

1024.

Investment

for

charged in the present proceedings were infringed by Lincoln's
and 800 fluxes.
The dispute over the right to manufacture

common

Lewis

suit

Appeals

700

9,991

44,217

railway
income

from

Net

of

Lincoln

years

submerged

From Jan. 1—

Gross

of

46,910

* 1,139

89,191

income

oper.

1950
$182,873

111,164
48,039

1952

railway

lrom

of

patents

in

-Court

series

A

letter of notification with

a

common

share
The proceeds

without underwriting.
—V.

filed

20

Court

patent

a

outgrowth

an

have

used

itself.

The

corporation on March

is

Earlier litigation was
held invalid
17 patent

s

77,822,168 238,969,758 226,845,694

Langendorf United Bakeries, Inc.—Files
The

in

S.

$6,000,000 long-term debentures
tutional buyers.

1023.

p.

Nation-Wide

Vice-President, on March 28.
equipment manufacturer,

U.

former Under-Secretary

a

the board of trustees.—V.

it

use,

welding

the

of

1952—12 Wks.—1951

$

$

in

against it by the
Corp.
The suit, charging that Lincoln in¬
Carbide patent by manufacturing its 700 and 800

period

a

to

materials

Liquid

80,801,410

economical

more

companies.

Over

claimed

directors

gales

50%

Carbon

&

fluxes,

in

Chicago

in

and

Davis,

F.

A.

Cleveland

Union

a

series

expensive

decision

a

Circuit

1124.

1952—4 Wks.—1S51

Artemus L. Gates,
elected a member of

per

Kroger Co.—Current Sales Show Gain—
Period End. Mar. 22—

by

company,

tions

14.49

and

less

announced

This
winner

by stockholders of record

April 4, in the ratio of one new share for each six held.
Any shares unsubscribed at the expiration of the rights
on
April 18 will be purchased by the underwriters.

Lehman

25%

fluxes

1950.

Offering—The

scription at $8.65

be

to

was

service in two communities; steam heating service in 1 community;

gas

Mutual Life Insurance Co. of N. Y.—Trustee—

patent suit decision announced March 26 in Chicago, 111., promises
use of the submerged arc welding process, claimed
increase welding speeds two to four times,
and of welding fluxes

industry greater

to

BUSINESS—Company

53

(1481)

for

Robert

to

W.

an

to

all

Galvin,

its

time

Employees'
record,

Executive

it

Savings

Construction

was

an¬

it

was

on

of

a

two-story building in Milwaukee, Wis., for research
other products will be begun April V
March 28 by F. T. Irgens, Vice-President ia

outboard motors and

announced

on

charge of engineering.
The

Vice-President.

old, the fund is now valued at $10,552,794.
employees are now participants in the fund.

years

Outboard, Marine & Manufacturing Co.—To Expand—

Profit

activities

$2,938,449
1951,

Employees'

building

will

Irgens said.
The

V.

building is

173, p. 763.

contain

9,000 square feet of working

space,

Mr.

I

expected to be ready for occupancy

about July L.—
;

54

(1482)

The Commercial and Financial
Chronicle

UNDERWRITERS—The

Pacific Finance Corp. of California—Name Changed—
Effective

of the nation's leading sales
finance, consumer loan and insurance firms, with home offices in Los
Angeles, Calif., officially became Pacific Finance Corp.
B. C. Reynolds, Secretary said that "The stockholders have approved
April

the change
states

both

in the

the

in

the

consumer

."Udwestern

states

igan, Illinois,
have

been

states

loan

and

46

Wisconsin,

opened

which

by

finance

sales

branches

new

expanded

has
to

fields

serve

its

1951.—V.

175,

include

seven

Indiana,

Mich¬

to

Ohio,

Missouri and Arknasas.
Other new locations
the firm in eight western and southwestern
area
of operations until
the beginning

Baird

8c

Inc.

—

Power &

Light Co.

Secondary Offering—A
special offering of 4,000 shares of common stock (no par)
was made on March 25 by Blyth &
Co., Inc., at $17.75
per share, with a dealer's discount of 30 cents per share.
It was quickly completed.—V. 175, p. 1126.
Packard Motor Car

—

Co.—Buys Boston Site—

A.

Becker &

G.

William

Blunt

Blair

Ellis

Inc

C.

covering
certain

30,000

March 27 filed

shares

management
price

of

of

letter of notification

a

stock

common

under a
share.
The

$1), to be offered to
option plan at an esti¬

proceeds
general corporate purposes.—V. 157, p. 1769.
per

the SEC

with

(par

stock

employees

$6.65

for

used

be

to

are

100,000

150,000

Patton

Republic

Mar. 31,'52

♦Based

value per share

Dec. 31/51

$27.25

$24.75

821,000 shares outstanding at end of each period.—V.

on

Coffin

& Burr, Inc.——

350,000

The

Julien

Collins 8c

West

75,000

150.000

company on March 28 filed a registration statement with the
covering an unspecified number of shares of its no-par common
stock, to be offered in exchange for shares of Great Lakes Steamship
Co., Inc., common stock.
The rate of exchange is to be supplied by
amendment, as are the total number of Pittsburgh Coke shares in¬
volved.
Pittsburgh Coke now owns 61,109 shares of Greg,Jt, Lakes stock;

being made to holders of the remaining lT8,44l shares.

2359.

Pittsburgh & Lake Erie RR.—Equipment Trust Cer¬
Offered—Halsey, Stuart & Co. Inc. and asso¬
on April 3 offered
$2,460,000 of 2%% equipment

100.000

Pacific Northwest Co

150,000

Paine,
8c

Co.—

Day 8c Co

Dominick

Dominick

8c

350,000

certificates, equipment trust of 1952, maturing an¬
nually April 15, 1953 to 1967, inclusive. The certificates
are priced to
yield from 2% to 3%, according to matur¬
ity. (The offering is subject to approval by the Inter¬
state Commerce Commission.) The issue was awarded to
Salomon
The

Bros.

&

Hutzler

certificates

gauge
railroad
road
passenger
and 10 Diesel

will

bid

be

secured

equipment

for

by

estimated

the

the

to

certificates

following

cost

two

350,000

Pittsburgh Plate Glass Co.—Debentures Offered—The
company marked the first public

financing in its 68-year
history with the offering on April 3 of $40,000,000 3%
sinking fund debentures due April 1, 1967. The deben¬
priced at 100% and accrued interest to yield
3% to maturity. The First Boston
Corp. heads a nation¬
were

wide group of 102 underwriters which is
issue. The offering was

marketing the

quickly oversubscribed and the

books closed.
The

Fauset, Steele 8c Co
First

callable

are

any

a

sinking fund which
1956 through April
1,
1960

through

retire

to

up

April

will

1959,

1,

twice

retire

months

beginning

April

1,

1952

to

par

required
102%

and

on

In

after

PROCEEDS—Net proceeds of the sale will
help finance the company's
capital
expenditures.
During
the
past
five
years
the

anticipated

and

company

its

consolidated

subsidiaries have spent $137,300,000 in
modernizing and expanding production
facilities
for
existing
and
projected products, including a substantial increase
of foreign activities,
primarily in Canada. Of this total, $53,100,000 was

chemical

the

Cleveland

plants and

facilties.

Of

the

funds

program, $58,100,000 remained
which $19,300,000 was for the

of

authorized

unexpended

to

Jan.

31,

through borrowing.

-/BUSINESS—Company
operates

32

was founded
factories and

in

1883

is

one

and
of

today

with

its

varnish

and

merchant

the

most

producer

basic

of

of

Corp.,

the

chlorine

caustic

in

soda

chemical
the
and

subsidiary,

United
soda

States

is

100,000
350,000

Glore, Forgan & Co

Co.

—

Harriman

and

ash—three

EFFECT

TO

PRESENT

one

of

the

Parsons
J.

B

&

W.

Illinois

&

Share

note

notes
note

due

1954

due
of

Common

1954~-

debentures

(par

value

——

due

1967

15JI1954$2'500'000 AUg" 15'

$10)—

12,500,000 shs.

&

250,000
150,000

Co

500,000

G.

Wertheim

H.

White,

&

350,000

&

150,000
350,000
500,000

Yarnall &

100,000

—V.

1,000,000

Co

&

Co

175,

1953 and N°V' 15' 1953,

1225.

p.

Tools, Inc.—Stock

24

at

$8

share

per

books closed.

See

Sold—The public
stock

common

(par $1)

on

has been oversubscribed and

details in V.

175,

1333.

p.

Portland General Electric Co.—Stock Offered—A
syn¬
headed by Blyth & Co., Inc., on
April 1 made a

public offering of 250,000 shares of
$15) at $27.75 per share.
PROCEEDS—Proceeds
payment

the

on

$8,000,000

issued

were

of

the

if

and

to

from

and

2%%

direct

/ f
fi depend
intention of

upon the results of such negotiations,

Columbia-Southern

to

provide

in

SU "Cient '° mlre the entlre lssue

sStCkUominn,n1ai,0m°»rt!?a.r,e»s
siock

such

aggregate
in

the

standing at

any

Indebtedness
ordinary
one

time

The

by

May

of

an

extended

1,

to

be

carry

expects

to

first

mortgage

from

the

be

derived

bonds,

proceeds

from

unless

tribution

pr?or

« or

of

the company,
of

other

business

$100 000 000

and

system

of

served

area

the

serves

other

such




and

for

to

the

other

to

covers

cities

urban

and

is

of

most

its

under

operating

fertile

Portland,
cities

bonds

with

to

he

nnt

Tnl

McAndrew

McDonald

Camp 8c Co

1,000

Merrill

Campbell 8c Robbins, Inc.—

1,500

Quincy Cass Associates

Winslow,
E.

for

and

dis¬

miles.

square

and

utility furnishing
Valley.
The

Willamette

Oregon

towns

City,

The

St.

than

more

of

Dividends paid in

$3,357,875,

1951

CAPITALIZATION

equal

amounted

GIVING

to

to

$1.80

EFFECT

$2.77

mortgage bonds

3 VaVo

series

due

3y2%

series

due

tNotes
Notes

payable,

William J.

Conrad,

Northwest

1,000

Paine-Rice

—

2,000

Paine,

Co.——

8c

1,500

&

H.

Co

Francis I.
Ferris

California

*

—

as

1,

1947

and

in

semi-annual

has

company

all

the

interest

to

are

New

the

Hannaford

2,000

Wulff, Hansen & Co.

2,000

—V.

The

Fund

March

on

filed

26

Radioactive

Registers

—

With

registration statement

a

with the SEC

common

112,500 shares of class A convertible stock'
at $1.25 per share at rate of one class A share*
for each two common shares held; rights to subscribe'
(par $1)

April

on

is

offering

The

21.

underwritten

by

A.

H.

items

of

Vogel & Co.
net

will be used to
working capital.

proceeds

capital equipment and for general
:

BUSINESS—Corporation,

factures

instruments

incorporated
detection

the

for

in

and

purchase

designs

1948,

and

manu¬

of

measurement

radio--

conducts research al)d engineering in instrumentation and
applications of radioactivity for the account of others and
to
a
lesser
extent
for
itself,
and maintains a laboratory for the
processing of radioactive isotopes.
The activities of the company may be divided into three general
classifications:
electronic
production; research and engineering; andy
radiochemical services.
Electronic production
accounted for $106,947
activity,

,

1951

The
is

research

sales;

used

leases

Street,

research

engineering
in

space

Detroit.

primarily

laboratory;

and

radiochemical services

while

company

Congress

Mich.

and

the second,
engineering.

and

the

for

amounted

The

totaling

1,400

and

443

3.000

offices

general

totaled

$2,060.

at

totaling

first,

period

same

to

buildings

two

manufacturing,

for

GIVING

CAPITALIZATION

feet,,

chemical,
used for

a

is

feet,

square

West'

243

square

and

EFFECT

TO

PRESENT

FINANCING

Authorized
convert,

A

stock

Common

•Includes

stock

($1

($1

112,500

value)

offered

stock

outstanding

now

for

the

conversion

and

30,500

held

options

Outstanding

250,000 shs.

112,500 shs.

*750,000 shs.

shares reserved

exercise

of

par

value)—

par

convertible

by

shares

present

225,000 shs.the

of

reserved

class

for

former

and

A

the

officers.

options, are exercisaole at $1.50 per share and their latest exer¬
is July 10, 1953. However, at the annual meeting of share¬
held March
1,
1952, the directors, in their discretion, were

cisable date
holders

authorized
exercise

all

extend

to

price.

or

part

any

of

such

options

at

the

same

policy has yet been formulated in this regard.
1, 1952, the total authorized capital consisted solely
of 250,000 shares of the above described common stock.
On that date,,
Prior

by

No

March

to

action

appropriate

additional
the

shares

articles of

Net

1,400,000

annual

above

were

A

stock

meeting

duly

of

shareholders, theby amendment to

authorized

,

redeemed

be

may

accrued dividends,
and including the

to

up

share

one

the

at

noted

incorporation.

class

plus

of

all

in

or

part

at

$1.30

per

and each share is convertible at any
fifth day prior to date of redemption

stock.

common

v

of

1,500,000 shs.

mortgage and deed of
first supplemental inden¬

EARNINGS

1951

-

general

admin,

&

1950

1949

S69.538

$21,605

149,788

75.669

30,437

-

33,399

Total

15,057

39.498

23,889

18

128

349

$39,477

$39,388

$23,540

------

.

.

Interest and

33,425

39,495

expenses

loss

Other income

of

indenture

OF

$148,693

sales

Operating

by

STATEMENT

sales

Selling,

supplemental

through July

making prepayments
loan, pr of 10% or

the

at

other

_

deductions—

111

6

$39,588

$39,374

—

dated

13,

1955.

any

The

multiple

any

of
all
unpaid installments,
together with
any such prepayments are to be applied
installments thereafter becoming due.
Such
held by The Chase National Bank of the
City

Unitd

Trust

States

and

National

Savings Bank,

of the

amount

been

bank loan

Bank

of

Chicago,
was

Portland,

Oregon,

Illinois.

$4,000,000, of which $2,-

paid.
credit

a

agreement

with

various

banks

$7,000,000 on 2%% notes due May 1,
and a supplemental agreement dated Nov. 2, 1951, to borrow an
$2,000,000 on 2%%
notes due May 1, 1952.
The proceeds
sale

of

notes

first

will

the

be

stock

offered

now

The

notes.

company

paid by

May

bonds,

mortgage

from

notes

common

such

of

unless

proceeds

of

the

1,

will be applied in
partial
anticipates that the balance
1952 from the proceeds of the

extended,

sale

and

such

of

if

extended,

bonds

prior

to

-

—•

V.

175,

$23,540

1333.

p.

Ralston

Purina

Securities
The

will

Co., St. Louis, Mo.—Registers
Exchange Commission—

and

company

M_arch

on

filed

28

registration

a

statement

With

with

SEC covering $15,000,000 of
s'nking fund
to be offered for public sale
through an

the

debentures due April 15,
1977,underwriting group headed by
Kidder, Peabody & Co. and Goldman. Sachs & Co. The
public offering
price and underwriting terms are to be supplied by amendment.
*
Proceeds of the financing will be added to
general funds of the com¬
,

and

will

increased

available

inventories

ments, and
incurred

be

additions,

to

finance

for

general

and

receivables,

and

the

seasonal

corporate

plant

repayment

inventory

of

and

puraoses.

including

equipment

short-tenn

commitments.

replace-*

indebtedness

The

principal

capital additions now planned, construction of wlvch Is expected to be
started during the current fiscal year, are new feed
plants at Spokane,
Wash., and Shreveport, La., and a new soybean solvent processing plant
at
Kansas
City, Mo.,
involving estimated
expenditures
aggregating
$4,000,000.—-V. 175, p. 1025.

are

13,
from

per

__

1953.

presently held by The Chase National Bank of the City
York, The United States National Bank of Portland, Oregon,
Harris Trust and Savings Bank, Chicago,
Illinois, The First National
Bank of Portland,
Oregon, The Bank of California, N. A., Portland,
Oregon, and the Portland Trust Bank, Portland, Oregon.

1,500.000

loss

time

the

of

1952,

articles
as

a

of

incorporation

result

of

a

share
to

excess

no

par

and

increasing

2,500,000
of

the

value

12,
stock

shares.

stated

the
The

value

were

resolutions

1952,
to

a

adopted

changing the
stock having

authorized
amount

over

executed

$15

of

per

at

a

of

$1,766,440
share

and

the

par

filed

annual

common

number

Resources

Development,

With Securities and
The corporation
SEC

covering

on

200,000

Inc., Worland, Wyo.
Exchange Commission—

March
shares

24

filed

a

of class B

offered

at

used

letter

of

common

purchase drilling equipment.

to

$1

per

share,

without

underwriting.

notification
stock

The

* no

—

Files

with

par),

proceeds

the

to

be

will

be

.

capital

value

shares

of

from

representing

Safeway Stores Inc.—Sales Up—
Period End. Mar. 22—

the

1,250.000
shares presently outstanding is being reclassified in
March, 1952 from
the
common
capital stock account to the capital surplus
account
in accordance with Oregon
P. U. Commissioner order.
on

j

Products, Inc., Detroit, Mich.—Stock Of¬
stockholders on March 29 were

The

—

COMPARATIVE

New

stock

Boston

of

Exchange Commission—

covering 400,000 shares of beneficial interest in the Fund to be offered,
the market, without underwriting.—V. 174, p. 1800.

pany

paid

$15

Fund

Putnam

and

Year End. Dec. 31—

thereon, and

Harris

these

of

1,000

2,500

at

§1,000,000

second

of

of

company entered into
June 1,
1950 to borrow

of

J. Werschkul & Sons—

1225.

p.

§7,000,000

indenture

by

privilege

amount

presently

has

the

sale

:

Talbot———

&

175,

(George)

into

additional

of

12,000

20,000

2,000,000

supplemented

§The

from

win

2,000

Dean Witter & Co.—

Friedman

aggregate

each

York,

the

1952,

3,000

1,500

$7,000,000

installments of $200,000

the

principal

of

dated

2,000

•

1,50,0

Wagenseller & Durst, Inc.Walston, Hoffmar. & Good¬

12,000

1948.

tDue

of

1,000

3,500

Handel, Lundborg & Co.—

Net

The

Co.-

Co.

20,000

Inc.—

8c

Sloan

2,000 '

Wilson, Johnson & Higgins

Cost

the

of

1945

Nov.

dated

L

terms

Stephenson, Leydecker &

C.

3,500

Co

L.

time

Outstanding

2,500,000 shs.

1,

William R. Staats & Co

8c

1,000

10,000.000

—

July

Donald

Corp..

Marshall———
H.

$34,000,000

—

the

for

1950.

FINANCING

—

(par $15)—

to

dated

in

1952:

——

1,000.

Agnew

;

1,000

tThe

t

1,

&

Ehuman,

Co

Wesley Hall & Co—

Maxfield

share,

.

May

Stewart

8c

Unlimited

„_—

Subject

ture

40

sub¬

$3,322,861

1977——

due

Common stock

trust

all

This compares

PRESENT

Hoppe,

1,500

Corp.—
Co.,

Cleveland

.

1,000

2,000'

—j—

3,500

Inc.—

1,500

Company

&

8c

Peter¬

2,000

Co

The First Boston

Foster

8c

Schwabucher

Co

First

Jackson

Merrill

Balfour

1,500

duPont & Co

&

Fewel &

1,000

3,500

Skaggs & Co.—

1,000

12,000

—

Russell,

2,500

—

&

2,000
Co

Co.—

8c

Webber,

son,

1,500

Co.-

Davis

3,000

Securities Co.

Curtis

Richards,

8c

—

Douglass &

The

Pacific

Butchart

Inc

Davis,

First

2,000

Bruce & Co

Cole,
Paul

Coast

Collins & Co.

Daugherty,

2,500

—

Pacific

Co.—

Crowell, Weedon

share.-

per

TO

—

1975

2%

payable,

2% %
2%%

and

of

share

Authorized
?First

company

Helens

90%

per

Miller 8c Co.—
Mitchum, Tully & Co

1,500

8c

.

13,000'

,

The Ohio Company

Inc

W. Clark

3,000

Pierce,

Beane

8c

•

2,500 '
—

Revel

2,00C
3,000

Republic Co. (Inc.)
Whiteside, West &

Chace,

Inc

Co

Lynch,

"

3,000

& Co..
&

Fenner

prior

farm

income

net

March

authomed to be out-

transmission

public

lower

2,300

Salem,

and

meeting of stockholders March
indebtedness

Mason

Central

1,500
3,500

Brothers-

1,500
1,500

;

1,500

Co.

&

-

3,000

—.—i.

Jones

2,500

Byllesby & Co. (Inc.)

Co.——i,

th&

purposes.

an

the

approximately

of

incorporated

year.

than

company's

homes within its operating
territory.
EARNINGS—The company reported net income of
the year ended Dec. 31, 1951, equal to
$2.66 per share.

the

K/5iroIVS,rr'e,The

additions

S.

—

M.

8c

—

8c

Blakely, Inc

1,000

1,000

.

Co

Brush, Slocumb & Co., Inc.

Such

service

Supplementary

authorized

'

to

a

Gould

8c

H.

tClass

BUSINESS—Corporation
electric

The

the

—-

Blankenship,

extended,

company's construction program in 1952 is expected to total
$15,275,000 of which about $6,775,000 will be
applicable to the Pelton
Project on the Deschutes River.
The
remainder
will
be

is

for

Hurry,

partial

a

company's extensive
pay off
the balance

to

funds

of

as

banks, amounting to
May, 1952.
These notes
the

on

paid

be

applied

to

maturing

from

(par

The

be

notes

Co

&

of

will

payable

company

1952,

issue

will

and

stock

common

'

1953.

issued

:ferved ,or Issuance to employee's

course

is

it

its

2,500

&

Walter

$42,636;

sale

notes

31, 1951
provide funds

to

sale

the

Dec.

program.

notes

proposed

23/a

of

as

construction

payment
of

Irving Lundborg 8c Co

Eichler

Co

McFaul

industrial

dicate

shs.

and $5'000'000 Feb.

2,000

Inc.

Inc.

PROCEEDS—The

Portable Electric

offering of 135,000 shares of

tThe original

Nov> 15> 1953 an(J $7,500,000

Lester, Ryons & Co,
Loewi & Co.

Baird 8c Co.,

Hemphill 8c

&

offered

1,000,000

Wood, Struthers & Co.—

Kidder, Peabody & Co.—

June

2,500

Inc.

Bateman,

fered

Co.—

Witter

2,000

3,000

Co.,

8c

Co.—

Bingham,

500,000

100,000

Co

8c

Hope

350,000

Co.—

Weld

Son.

2,000

1,000,000

Whiting, Weeks & Stubbs

and

&
*

Hill Richards

350,000

Securities Corp.
Walker 8c Co

350,000

Harper

2,000

8c

Securities

Tucker, Anthony & Co.Union

P.

Co.

1,500

Waldo

150,000

Company, Inc.
Company
8c

Shares
Wm.

39,000

—

Co.-

Hess

1,000.000

100,000
&

have

respective

100,000

Co._

250,000

600,000

79',030,182

option plan made effective
on March
18, 1952.
NOTES—The above is exclusive
of debt due within
one

Incurred

Thomas 8c

150,000

Richards

and

40 000 000

snd

The

&

Kay,

§10,000,000

40,000,000

JColumbia-Southern intends to undertake negotiations for the
f '° 'fs !tatifona investors of $15,000,000 principal amount
fniH ^ugH
^n0tes' Althou&h the terms of such notes, if

Sawrft,

Boyce

Jenks, Kirkland & Grubbs

of

2.700 000

no,000,000

FebD15 $195040'000 A"g' 15' 1953, S4'750'000

present

150,000

Dean

notes

$14,250,000

_

Columbia-Southern

fund

stock

Stroud

100,000

Co._

Bond

&

Spencer Trask

Son—

150,000
Co.

Corp

150,000

Corp

ratably

Outstanding

——*$14,250,000
15, 1954—__
2,700,000

Feb.

.■*che/n,i<ial Corp- due
3%
sinking

ties

Co

Webster Securi¬

350,000

Co

Indianapolis

&

Staats 8c

Stern Brothers

1,000,000

Weeks

Hutton

E.

The

8c

R.

Bros.

Stone &

Co.,

Co.500,000

Hilliard &

250,000

Company

S. Smithers

William
Stein

Harris, Hall & Co. (Inc.)
Hayden, Miller 8c Co
Hemphill, Noyes, Graham,
J.

F.

500,000

—

Inc

Singer, Deane 8c Scribner
250,000
Smith, Barney 8c Co.
1,000,000

100,000

&

Inc.

accrued

FINANCING

Authorized

2 /2 %

a

Pomeroy,

1,000,000

—

Ripley

thereof

2V2 %

&

Chas. W. Scranton & Co.

the

chemicals for industry.

CAPITALIZATION GIVING
2 /a%

Hutton

Shields 8c

Nov.

Chemical

leading producers

important

glass products,

lacquer.

Columbia-Southern
largest

100,000

Schoellkopf,

100,000

sub¬

the

principal U
S,
producers of flat glass and flat
glass products; paint, varnish, lacquer
and
brushes.
Through Canadian subsidiaries, the
company
is one
of the principal producers and
distributors in Canada of

paint,

Co.,

150,000

Columbia-Southern

sidiaries

&

Inc.

75,000

continue

of

as

company and $38,800,000 was
Chemical
Corp.
a
wholly-owned subsidiary.
Proceeds from the debenture sale
will go to the
former; the latter
will
finance
its
capital
requirements
from
retained
earnings
and
for

Schmertz

Fulton Reid 8c Co.—

spent for expansion

overall

1952,

C.

500,000

150,000

and

1966.

the

The optional redemption prices range from

year.

during the 12
April 1, 1966.

of

R.

100,000

100,000
Bros. & Hutzler

First of Michigan Corp.First Southwest Company

improvements

for

$3,000,000 annually from April 1,
$3,500,000 annually from April 1,
addition,
the company
may
also

of

Rotan, Mosle and More-

used

debentures

amount in

250,000

land

Salomon

75,000

—

below

their

1,500

Davles

100,000

350,000

Diesel

locomotives,
12
Diesel
road
switching
locomotives
switching locomotives.
Associated with Halsey,
Stuart & Co. Inc. in the
offering are:
R. W. Pressprich & Co. and Freeman &
Co.—V. 175, p. 144.

tures

Hop-

standard-

new

$3,350,000:

&

350,000

Estabrook 8c Co.-,

the

27/8S.

as

Jaffray

W.

<fc Co
Equitable Securities Corp.

March

April 2.

on

99.7026

500,000

Pressprich & CoReynolds 8c Co

100,000

Elworthy

75,000

Jackson

wood

R.

1,000,000

Elkins, Morris 81 Co

Webber,

Curtis

Piper,

650,000

Eastman, Dillon 8c Co.—

ciates
trust

150,000

100,000

L.

Hornblower

tificates

Company

Courts 8c Co

The

SEC

Ohio

R.

1,000,000

the group on a bid of 90.021

Pierce,

Beane— 1,000,000

500,000

350,000

——-

Goldman, Sachs 8c Co.
Hallgarten & Co.—
Hallowell, Sulzberger 8c

1300.

p.

75,000

250,000

Merrill, Turben 8c Co.*150,000
Moore, Leonard & Lynch
250,000
Morgan Stanley & Co
1,500,000
F. S. Moseley 8c Co
500,000
Newhard, Cook 8c Co
150,000

(Incorporated)
Chace,
Whiteside,

named

opposite

Bailey 8c Davidson——.—

350,000

Inc

Lynch,

Fenner &

100,000

174,

100,000

E. Masten & Co.—

Merrill

75,000

Glover 8c Macgregor, Inc.

and this offer is

100,000

Laurence M. Marks 8c Co.

A.

Co.

174,

—V.

Co.

Mason-Hagan,

75,000

350,000

Pittsburgh Coke & Chemical Co.—Registers With SEC

p.

Co.

Company—

McKelvy &

Lisle 8c Marshall

set

Robert W.

&

Co.—

shares

of

1,500

Emerich

Atkinson

350,000

&

&

Adams

M.

Ames,

350,000

Rhoades

Loeb,

Inc.-

E.

1,000,000

McJunkin,

Corp.
As of—

M.

Blyth & Co.,

1,000,000

Corp

Brothers

Irving Lundborg 8c Co—

Sons

underwriters

several

number

the

Shares

150,000

Co

8c

100,000
&

&

purchase

to

$75,000

McDonald

-

Brown

Central

The

Petroleum Corp. of America—Asset Value Up—
•Net asset

Carl

8c

Bradford

Brown,

Lee Higginson

150,000

Co.

agreed

500,000

Co

100,000

Sullivan

J.

Co.—

Meeds—

8c

1,000,000

and

UNDERWRITERS—The

amounts

Freres & Co.—*

Lehman

250,000

Blyth & Co., Inc

Alex.

&

C. Langley

350,000

Inc.

Co

Simmons-;

&

Laird, Bissel
W.

350,000

Co,

&

severally

Monday, April 7, 1952

.

names:

250,000

Drexel & Co.

Peninsular Grinding Wheel Co., Detroit, Mich.—Files

mated

have

principal

& Winslow, Inc
Chaplin & Co
Clark, Dodge & Co.-——

LeRoy Spencer, Executive Vice-President, on March 28, announced
the purchase of 39,736 square feet of property in Boston, Mass., for
Packard retail operations.
It is planned to build thereon a two-story
sales
and
service
building having a total of 32,400 square feet of
floor space.
Construction is under way.—V. 174, p. 1697.

The company on

beloW

1

Co.,

—--w—

Bear, Stearns 8c Co

Co.,

Pacific

named

the respective

company

Lazard

W.

Boettcher

320.

p.

underwriters

the

below:

Kii-kpatrick-Pettis

Bosworth,

of

from

The First Boston Corp.—$5,250,000
A. C. Allyn & Co., Inc
350,000
Arthurs, Lestrange 8c Co.
100,000

operations

main

its

were

and

purchase

to

debentures set forth

,

Finance

Pacific

year

of

Robert

California."

to

last

agreed

one

in view of the company's expansion into many

name

addition

in

Within

this corporation,

1,

.

.

1952—4 Wks.—1951
S

Domestic

sales

Canadian

sales

—V.

p.

175,

1C25.

S

110.900.378

97.926.003

10,384,749

9,147,019

1952—12 Wks.—195.1
•

;

s

326,158,051 285,019,359

29,839.059

"26,021,539

Number 5105

Volume 175

.

The Commercial and Financial Chronicle

.

.

Gas & Electric Co.—Bonds Offered—Blyth

San Diego

which offered
publicly on April 2 a new issue of $12,000,000 3V4% first
mortgage bonds, series D, due April 1, 1982, at 101.75%

Sightmaster Corp., New Roclielle, N. Y.—Files—

Co., Inc. headed an investment group

&

interest

accrued

and

approximately 3.16%

yield

to

to

105,000
market

&

the

Inc.,

Co.

bonds,

all

First

101.111;

for

Boston

100.91999;

Co.

&

Securities

Beane,

100.597.

The

101.0799;

Kuhn,

100.967; White, Weld & Co.
Lehman

Brothers,

Fenner &

March

at

31,

option

company

1953

to

at

after

par

"

scaled

prices

March

1981.

31,

will help finance the company's expansion

by retiring $5,600,000 of bank notes previously issued for
and replacing treasury funds which the com¬
purposes
had previously spent on new facilities.
From 1946 to
1951
the company has spent over $56,000,000 on
projects which boosted generating
capacity from 137,000 kilowatts
to 237,000 kilowatts and available natural gas supply from 33,000,000
to 73,000,000 cubic feet per day.
During 1952 the company plans to
,

spend

about

$18,115,000

In

Silver

Gate station

the

first

chiefly
and

50,000

a

construction

start

units

four

of

complete

to

to

the

at

plant

founded

company,

to

of

part

have

sales

supplies, electricity

1905,

in

to

Orange

increased

209,000,000

from

kilowatt

hours

in

acreage

Th
are

in
1948 to
1,085,000,000 in 1951.
During the same
sales jumped from 2,492,000,000 to 8,433,000,000 to 11,cubic feet.
For 1951 the company reported total operating

gas

revenues

$28,828,997 and net income of $3,629,120.-

of

CAPITALIZATION

GIVING

EFFECT

PRESENT

TO

FINANCING

Vice-President,

•First mortgage

3%%

bonds:

Series

July 1,
1978
(3%)

due

C

Series D due

1982

Cumul. pfd. stk.

4V2%

series

1970__

10,000,000

10,000,000

12,000,000

$20) 5%

12,000,000

series^-

375,000 shs.

currently

In

Common

\

running

stock

only

S.

tillates,

firm

phase

in

of

in

compliance

the

of

Blyth

&

with

the

bonds.

Blyth
'

Co., Inc
Ripley &

&

Co.,. Inc.

Sioux

&

Co.———

A.

at

32

——

'

»

'

be

to

funds

of

Edward

the

SEC

stock,

filed

27

registration

a

with

statement

covering

25,666 outstanding shares of its $10 par capital
be offered for public sale through an underwriting group
Blyth & Co., Inc., and Conrad, Bruce & Co. The public
price and underwriting terms are to be supplied by amend-

to

headed

March

by

offering

''

,/

None

pectus

thet

of

proceeds

will

be

stitute

and

the

six selling stockholders,

names

the

by

Garms.

1.414.

Upon

consummation

their holdings will amount to
and

of

the

sale

15.39%, 17.52%,

shares,

these

of

10.24%,

10.63%,

3.62% j respectively, of the 261,700 outstanding shares.

8.34%,

and

Three Months Ended January 31—

1952
-

—

1951

$5,241,993

$5,046,407

20,334

Sales, excluding sales taxesloss after charges

in

was

Des

♦Excluding $100,500 income from sale of net lease.—V. 174,

company

$13.62%

at

proceeds

March

on

2550.

p.

reported

filed

letter

a

of

stock

common

notification

(par

$10)

to

to

Feb.

and

Service

Pipe

The

,

SEC

company

covering

April
and

the

offered

The

All

by

the

of

March

be

to

headed

27

filed

of

30-year

to

stock

common

be

to
of

supplied

Service

funds

for

and

program

the

to

extent

notes

additional

in

will

the

for

necessary,

amendment.

tb

part

payable

balance

used

for

stated

will

added

be

the

to

national

during

pur¬

defense

unfilled

orders

1952.

product
to

aircraft

and

engines

balance

the

development

con¬

the

of

contracts,

and

of

the

of

one

bellows

machinery

and

Des

the

per

equipment

ended

approximately
share

per

period.

the

last,
after

stock

with

like

net

nine

extra -.common

of

of

20c

the

In addition to the

years.

February, 1952,

out¬

of

three

quarters

of

the

the

In

on

divi¬

common

share

a

plus

declared

were

the

1952

share extra dividend

per

5c

share

a

fiscal

current

V.

year.

Co.—Registers
Securities and Exchange Commission—
The
SEC

company

covering

The

record

Net

by

and
of

of

$4.50

for

subscription

additional

price

Kidder,

statement

share

for

With

by

South

the

stock¬

shares

held.

underwriting terms are to be
Peabody & Co. is named as the

Urquhart

Carolina

these

the

company

Company,

will

used

to

side

result

Atomic

all

owns

which

of

added

the
be

make

general funds
its construction

capital

with

River.

Commission

con¬

Aiken

to

operates

oil

pipe

line

at

The

Oil

hydrogen
of
p.

corporation

Corp., Billings, Mont.—Files

project.

Generating
145.

March

on

filed

26

letter

a

of

With

notification

SEC
the

with

SEC

covering 239,997 shares of class A common stock (par $1) and
10,000 shares of class B common stock, to be offered at $1 per share,
without underwriting.
The proceeds are to be used to drill wells.—
V. 171, p. 2348.

cost

a

used, with other
company's expansion

public offering
fund

was

closed.

system

11

in

States.

offering

March 26 of $12,500,000 3%% convertible

on

debentures
interest

See

Corp.

—

Debentures Sold

V.

175,

Corp.

of

America—Calls

The

Preferred

Stock—

*

sent

stock

out

that

March

on

the

to

28

balance

of

the

these

holders

of

convertible

the

shares

outstanding in the
hands of the public have been called for
redemption on April 30, 1952,
on

which

date

the

stock

will

be

redeemed

the payment of

by

$25

per

share, plus accrued dividends to the date of redemption.
In

addition

of these

preferred
This
of

and

rate

at

Corp.

which
has

company
so

standing.

Upon

be

completed

of

S^era'.O"*

V.

174,

p.

stock

99,100

the

at

shares

of

the

States

through
or

America

each

share

of

the

at

there

time

year-end,

the

of

merger

Improvement

Co.

Since

that

date

larger

the

part

of

are

conversion

be

&

issued.

only

of

these

April

remaining

amendment.
named

are

The

the

proceeds

Alex.
6%

ceeds

Co.

Brown

cumulative
to

(for

Sons,

preferred

Baltimore,
stock

at

Md.,
par

to Manheim Corp. (for 6.950
2,646 shares).—V. 175, p. 921.
go




is

($10

shares

170,000
price
E.

W.

the

as

to

Production
from

be

and

registration

a

&

principal

received

by

certain

underwriting

HuUon

intends

also

others.
for

to

are

selling

to

go

notification

of

stock

to

be

The

with

offered

the

at

proceeds

par

to

are

Co.—Capitalization Incr.

increased

28

the

authorized

of

number

600,000

out.—V.

175,

1026.

p.

Transmission

-

Corp.

-

Subscrip¬

Stock

—

offering

stock

has

been

stated

of

at

the

that,

total

of

aa

$17

March

of

the

under

additional

stock

common

for

share

issued

under

to
the

eight

shares

held.

All

each

right

the primary

given

were

the

to

one

of

total subscriptions amounted

offered.

1952

7,

share

per

basis

a

offering

recent

the

under

shares

rights, amounting to over 580,000
Stockholders
were
also given
the
additional right to subscribe at the same price,
subject to allotment,
for shares not taken under the primary rights.
Because the offering
was
oversubscribed, subscriptions under the additional rights could
not. be
filled completely.
Allotment of * shares under the additional
rights was prorated to the subscribers in accordance with the number
of

filled

were

shares

primary

completely.

subscribed

Dillon,

for

under

Read & Co.

Inc.,

underwriting

bankers

the

primary rights.
headed the

York,

New

offering.—V.

175,

of Investment

group

1227.

p.

Texas Electric
company

Service

March

on

Co.—Registers With SEC—
filed

26

the

with

statement

registration

a

SEC

covering $8,000,000 of
first
mortgage
bonds,
due
1982, and
$5,000,000 of sinking fund
debentures
due 1977, to be offered for

public

sale

Net

Co.

from

to

struction

1952

and

borrowings

part

the

$25,175,000

for

two

the
for

company

with

sufficient

construction

its

program

including the repayment of
from the parent. Th©: total con¬

1953,

of

of $2,200,000

for

program

and

$2,000,000 to be received from
cash capital contribution, and funds

a

as

will provide
estimated
expenditures

years

short-term

(parent)

operations,

cover

the

1952

competitive bidding.
of the financing, plus

Utilities

funds
for

at

proceeds

Texas

Texas

estimated
2614.

is

years

1953.—V.

173,

$19,560,000

at

for

p.

Engineering & Mfg. Co., Inc.—Contract—
has

company

Lines, Inc.,

service

been

IVfarch

awarded

by Pioneer
for local
announced
on

contract

$500,000

a

modify nine twin-engined Martin Airliners

to

operations,

Robert

President,

McCulloch,

28.

will

aircraft

Majors Field,
for

the

be

modified

Greenville, Texas.
overhaul

modern

Air

by TEMCO's Greenville Division at
This division is one of the country'3

modification

and

and

facilities,

Force.

overhaul

Work

and

reconditioning of C-54

a

transports

major center

the U.

for

S.

:

five

on

Majors

Field,

the

of

McCulloch

Mr.

within

Martin

the

said,

few

next

airplanes

will

the

and

at.
in

immediately
four are due

start

other

days.

brings to
nine the number of
major U. S. scheduled airlines for which TEMCO has performed over¬
haul, modification and conversion work, McCulloch pointed out. Others
have

of

the

included

World,

Pioneer

contract

Capital, Colonial,

Braniff

and

Northeast, Northwest, Trans

Eastern,

American.—V.

Pan

175,

1127,

p,

Texas Fund, Inc.—Net Assets Higher—
As

Net

Feb. 29,'52

of—

Total

assets

net

assets per

—V.

175,

Aug. 31,'51

$7,461,614

$5,039,803

$14.92

.

share-

$14.44

—

1026.

p.

Offered—Public
& Co.;
Blyth & Co., Inc.; Kidder, Peabody & Co. and Merrill
Lynch, Pierce, Fenner, & Beane of $14,000,000 new first
mortgage 314% bonds due April 1, 1982. The bonds were
priced at 101.25% and accrued interest to yield abou^~
3.19% to maturity. The issue was awarded at competi¬

statement

with

the

by

Co.,

stockholders."

"selling

terms

and

to

are

be

Craigmyle,

The

supplied

Finney

by

&

advance

it

from

the

the

principal

sale

of

part

the

of

the

net

shares

330,000

to

funds

balance

additional

of. the
wells

purposes

proceeds
its

on

treasury for capital expenditures,
corporate

these

for

the

own

direct

by

Intends

to

reimburse

its

company

leases,

to

loans

and for working capital and general

selling stockholders are R. M. Craigmyle, of New York, President,
selling 92,000 shares of its holdings of 193,000 shares (17.34%);
Craigmyle (his wife), who is selling 78,000 shares of her
holdings of 179,722 shares (16.12%).—V. 172, p. 14.

capitalization
stock.—

common

\

Springfield
SEC

Offered—

to

offering 9,796 shares of
share), 'he net pro¬
and

to

Posey

Service

on

The

company

City Water Co.,
on

be

stock

offered

at

(par $101

par

to

underwritten
are

—V.

March

24

filed

covering 1,620 shares of 4%%
($100

per

be offered

at

a

Graham,

Noyes,

letter

of

notification

sharei
$13.50

and
per

10,000
share.

p.

922.

the

of common
issues will be
The proceeds
to property.

to

100%

Parsons

White,

and

bonds

new

bid of 100.71.

runner-up

bids

for

its

bonds

as

3'As.

100%

plus

&

Weld

Co.

(jointly),

Co.,

&

100.57;

Lehman

Brothers,

100.425.

general redemption
prices ranging from
and special redemption prices ranging from 101.25%
carry

accrued

interest.

Public Offering was

also made on April 2 by Halsey,
$5,000,000 3%% sink¬

Stuart & Co. Inc. and associates of

ing fund debentures due April 1, 1977 at 101.25% and ac¬
crued interest. This offering was quickly oversubscribed
and the books closed.
The debentures were awarded at
competitive sale
Lehman

Brothers

on

March 31

bid

100.103

100.099 for the debentures
the
&

Co.,
and

The

3%s.

Harris

Hall

debentures

to 100%

100%

plus

carry

general

and special

accrued

&

Co.,

Inc.,

For this issue: with a 3%%

bid

coupon,

101.821; White, Weld
and Kuhn, Loeb &

bids were Union Securities Corp.,
101.5399; First Boston
Corp.,
100.279
Blyth & Co., Inc.
(jointly) 100.10.

new

104.25%
to

as

bid of 100.53.

on a

and

runner-up

Co.

redemption prices ranging from
ranging from 101.12%

redemption prices
interest.

debentures will be
the sale of a new
cash contributed by
its
parent company,
Texas Utilities Co. These combined funds will
be used
to repay short term loans made by
Texas Utilities Co. for
construction purposes, and
the balance will be used to pay for the
cost of
extensions, additions and improvements to the properties of
Texas
Power & Light as well as for other corporate purposes.
PROCEEDS—Proceeds

issue

CONSTRUCTION
as

from

the

sale

of

these

by
the
company
to
the proceeds from
first mortgage bonds and $3,000,000 in

of

presently

expenditures

PROGRAM—The

contemplated for
of $52,700,000.

BUSINESS—Company

shares
Both

by Moody Investment Co., Springfield, Mo.
to be used to reduce indebtedness and for improvements

175,

with

on a

six

Union

100.50999

Springfield, Mo.—Files—

cumulative preferred stock, series E,

received

by Kuhn, Loeb

April 2

on

Halsey, Stuart & Co. Inc., 100.706; First Boston Corp,,
Securities Corp., 100.621; Drexel & Co. and Hemphill

were

100.649;

made

March 31

company

These

added

purposes.

The

Louise

the

was

Co.

is

In

offering

underwriters.

to

receives

The

drilling

and

per

shares)

filed

owned
subsidiary Southwest Natural Production Co., for
acquisition of additional leases and the drilling of additional wells.

who

.

&

27

wholly

the

The

t

March

on

company

these

2550.

Shirks Motor Express Corp.—Stock

letter

a

common

underwriting.

preferentially to stockholders,

Stockholders

The

500,000 shares of its common stock, 10 cents per value.
these shares, 330,000 are being sold by the issuing company and

12,620 shares out¬
shares, which will

30,

entirely

in

company

public .offering

use

Realty

repurchase

will

for

„

were

time

company's

of

common

created

was

shares

present

ledemption

by

Corp.

2V4

United

and

time

acquired

that

of

including April 30.

issue of preferred

Sheraton

shares

to

up

the

at

proceeds

of 610,937 additional
oversubscribed, ac¬
announcement made on March 27 by R. H.

140%

subscribe

175, p.f 1334.

covering

the

its

the

right to receive the redemption price, the holders
have the optional right to convert preferred shares into

stock

•common

•1946.

to

shares

stock

offering on
subscriptions

to

1334.

p.

of

March

common

Hargrove

104.25%

Of

was

1, 1967, at 100% and accrued
quickly oversubscribed and the books closed.

was

Southwest Natural Gas Co., Shreveport, La.—Registers
With Securities and Exchange Commission—
SEC

Notice

March

The

—

March 26 of $15,000,000 3%% sinking
April 1, 1967, at 101 and accrued
quickly oversubscribed and the books
due

details in

Sheraton
preferred

due

on

debentures

interest

Gas

&

filed

25

corporation's

of

over

Southern Production Co.—Debentures Sold—The pub¬
lic

See details in V.
Oil

to

company,

prior

retire,

banks

to

Its
expansion program over the next five years is estimated at $70,000,000.

Shamrock

The

Transmission

Eastern

tive sale

Southern

be

working capital.

crude

a

Mr.
comon

the

capacity,
the suppiy

to

the

covering

Ga.,

the:

to

17

cording to an
Hargrove, President.

additional

respect

outstanding capital stock
organized in July, 1951.—V. 175,

was

by

latter's

Augusta,

According

available

with

required

the

near

45,000-75,000 KW

negotiations

Energy

the

part

located

Savannah

will

to

in

equity

connection

to

the

of

be

finance

of

Station,

arrangements
of the station,

the

upon

to

sale

be
a

Gas

pointed

Signing

'

Service

shares

and

portion
Generating Co. in

completion

power

stock

will

furnish

March

on

authorized

most

common

five

each

York.

stock from

The

with

stock.

common

with the SEC

721.

on

Greenville

the

and

to

the

prospectus,

The

registration

a

Its

offered

one

amendment.

Carolina

upon

of

subscription

company

the

filed

New

p.

March

on

preferred

tions—The

175,

underwriter.

proceeds

the

on

date,

be

of

rate

26

shares

to

are

the

at

principal

of

417,719

shares

holders

March

on

24l?>

March

1227.

p.

paid in

were

Gas

&

175,

$1) to be offered at the market
Reich & Co., W. C. Langley & Co.

share), without
for drilling costs.

pay

Texas

Air

Electric

of

174,

of

This

Carolina

of

issue

our

V.

to 1,000,000.
capital stock previously included 10,000,000 shares of
common,
with 6,710,245 issued, and 600,000 shares of preferred, all
Issued.
Authorization by the stockholders of the additional preferred
provides the flexibility essential for future financing, Gardiner Symonds,

1226.

South

Co.

stockholders

The

income

months

share

a

quarterly
10c

20c

dividends of

extra

20c

share

a

company
paid
plus extra dividends of

share,

first

dividend

dividend

in

See

(par

through

per

to

derived

common

&

Tennessee
shares

are

31,

equal,

common

compared
in

Jan.

$923,000,

the

on

This
share

common

Previously

a

the

of

of

months

nine

at

company
to $1.93

end

fiscal

each

the

Inc.

Moines

fiscal year.

of-15c

1951

in

heading

filed

stock

share)

company

shares,

reciprocating

this

Products,

common

per

cents

used

the

the corresponding

of

under

Coil

covering 6,000,000 shares

(five

are

corporate

general

that

Backlog

year.

for

recently,

$1.18

1952.

in

due

by Standard Oil Co.
financing will be added

the
used

Inc."
Coll

period

same

the

with

debentures,

owned

of
be

will

1, 1952, $46,000,000 of 2%
approximately $26,250,000.
The

cash

is

proceeds

"Standard

under

appeared

Texas Power & Light Co.—Securities

statement

fund

by

and

June

of

sinking

for public sale through an underwriting
Stanley & Co.
The public offering price

are

Chicago.
Net
funds of Service

general

With

Okla.—Registers

registration

a

sale

Construction

income

the

the
or

declared

offered

Morgan
terms

of

to

Tulsa,

have

1227.

p.

Stout Oil Co., Denver, Colo.—Files With SEC—
The

The

quarterly

depending

Exchange Commission—

on

underwriting

(Indiana!,

Co.,

$90,000,300

1982.

1,

group

Line

parts

Iowa.

dividends,

14,

dends

of

Securities and

the

of

cooling tower fan blades and other products.
manufacturing plants, one in San Diego, Calif., and

DIVIDENDS—An

South

with
be

should

of notification was

$6.75

Carreau

SEC

joints,

by

at

struction

share through Smith, PoJian & Co., Omaha, Neb.
be used for new construction.—V. 171, p. 2261.

per

are

21

shares of

10.000

the

with $16,480,000

largest class of
attributable

completed

was

supplied

Seattle Gas Co., Seattle, Wash.—Files With SEC—
covering

and

installed.

program

SEC

and

President,

are

Moines,

$565,000

"37,223

.__

The

from

company

Price,

related

three

owns

The

Net

ahead

Offered—Public offering of
stock (par $1) was made on

proceeds

compared

sales

expansion

\

(D. A.) Sehulte, Inc. (& Wholly-Owned Suhs.)—Earns.

V.

appearing

stockholders.—V.

pros¬

President, 6.019 shares;: Anna M.- Lurmann, 6,851; Eleanor-Steinmann,
4,118; Mary Grace Lurmann, 4,004; Herbert Garms, 3,260; and Walter
I.

23%

Charles H. Lurmann,

follows:

as

The

company/

Corp. of
gasoline, dis¬

of

letter of notification with the SEC

a

common

the

next

company's

p.

received

Refining

requirements

were

of
the
preceding, fiscal
$77,833,000 on March 18,

■

ment..

175,

shares of

(about

Co.—Stock

net

T.

$36,097,000

regular
on

24

See

Standard

letter

14,500

will

BUSINESS—The
company
manufactures parts
and
assemblies for
jet engines Including tailpipes and afterburners for jet engines, such
products comprising the largest portion of Solar's business.
Exhaust

San Francisco Brewing Corp.—Registers With SEC—
corporation

It

in

where

has brought a sharply increasing demand for the company's
products, sales for the nine months ended Jan. 31, 1952 having approxi¬

mated

the preceding

The

their

deal

a

How-Kola

of

used for

120,000 shares of

of

:

-

them

oil

1 by a group of underwriters headed jointly by
Smith, Barney & Co. and William R. Staats & Co. The
stock was priced at $19 per share.

standing

/

completed

April

preferred

200,000
'

■

Chadron, Neb.,
crude daily, the an¬

common stock (par one cent)
to be offered
through James M. Toolan & Co., New York. The
working capital.

per share

are

EARNINGS—Net

300,000

.

——

'

of

and

of

to

President,

—2,600,000

Hogle & Co.

175, p. 1025.

Co.
crude

March 21 filed

Solar Aircraft

being

2,600,000

March

Standard-Thomson Corp.—Files With SEC—

paraffin
acres

be

cents

plants

2,600,000

,

sweet

15,200

covering 800,000 shares of
proceeds

two

1,000,000

Co.

&

—

—

in

Wyo.,

barrels

3,000

January-February 1952

.

Co.

&

Reprsentative

$2,700,000

Inc._;

gravity,

A

Newcastle,

to

Oil
the

sell

and

company on

Solar
-

good

interest

item

refers

Field.

one-half

at

2,500

process

D.

manifolds

the

________

-

Co.,
Co

Elworthy

is

:t

/

&

Witter

Dean

of

deed

thereof.

provisions

Struthers

Wood,

None

2,400,000 shs.

of

Inc."

this

that

announced

The

totaled

and

barrels

lo

Files Stock With Securities and Exchange Commission

months

mortgage

appearing under the heading "Standard Oil Products,

issue

our

Products

The

1951.
The
company's
principal
major
company
customers
Skelly Oil Co. and Carter Oil Co., according to the announcement.

300,000 shs.

the

under

Peabody

Kidder,

J.

The item
in

program

purchasers named below severally have made
subject to certain conditions precedent, to pur-

new

Harriman

J

at

in

325,000 shs.

6,000,000 shs.

—

issued

be

may

Purchasers.

the

—V.

value)—^

par

commitment,
all

Standard Coil Products, Inc.—Registers With SEC—

covering

offered

etc.

Sales

poses.

375,000 shs.

1,000,000 shs.

($10

bonds

PURCHASERS—The

a

be

said.

and

Sturgis,

300,000 shs.
series

"Additional

trust
,

to

March 24.)

on

refineries

February,

purchase

325,000 shs.

_________

______

Unclassified

March

on

Creek

acquired

completed

was

treasury

$16,000,000

<3 tW).--

(par

Outstanding

$16,000,000

_

series

4.40%

Authorized

due

series,

3,000

its Mule

at

PROCEEDS—The
'

March 26

on

cents),

without underwriting.
The
President, .who is the selling

to Michael L. Kaplan,
p. 1226.

has

company's

nouncement

1938

820,000,000

027,000,000

SEC

potential producing leases in the Cedar Creek anticline area (Glendiveof Dawson County, Mont.
(A deal for the first well on this

near

Counties, Calif., and natural gas to
the
Diego and other communities in the western part of
San
Diego County.
In the 1951
total revenues electricity and gas
bore a 65-34 percent
ratio.
As an index of the company's growth,

years

cents per share),

producing

now

month

company

The

Diego and.
city of San

electric

five

Richey)

KW

80,000

an

Encina

new

generator

KW

for

is

per

The

Calif.

BUSINESS—The
San

the

175,

Underwood,

company

construction
pany

F.

crude

100.9019;

program

Carlsbad,

with

(par

stock

Standard Oil Products, Inc.—Correction—

E.

Loeb

'

callable

are

to

up

PROCEEDS—Net proceeds

generator,

at 55

go

stockholder.—V.

Halsey,

were:

"

104.25'/-

the

to

are

filed

was

common

Sioux Oil Co., Denver, Colo.—New Developments—

and Merrill Lynch, Pierce,

Corp., .100.815;

bonds

new

coupon,

Corp.,

& Hutzler,

(jointly),

Shields

Union

from

3V\'io

a

101.02; Salomon Bros.

Co.,

and

for

bidders

&

of

(estimated

proceeds

petitive sale on April 1 on its bid of 101.189.
Stuart

shares

The issue was awarded to the group at com¬

maturity.
Other

letter of notification

A

55

(1483)

1952

company's

and

which maintains

1953

construction

will require

program

estimated

its principal executive office

Texas, was incorporated in Texas on May 27, 1912. It is
wholly within the state of Texas, in the generation, purchase,
transmission
and
distribution
of
electricity.
The territory
served
in

Dallas,

engaged,

comprises

47,200

square miles

in the north central part of

Texas.

56

The Commercial and Financial Chronicle

C1484)

ended Dec. 31, 1951, the company

12 months

the

EARNINGS—For

3%

series due 1975
series due 1977

3%

series

Sinking iund

1982

due

1977

♦Unlimited

authorization,

to

as

5,000,000

over

70,000 shs.
133,786 shs.
4,600,000 shs.

June

provisions

and other
supplemented.

earnings

the

of

limited

Issuance

Bulth'&

Peabody & Co.

Kidder.

Shoellkopf,

Co.

&

Stearns & Co.—
The Milwaukee Co.—
L.

Rothschild

F.

175,

—V.

Co.

&

31

Corp.—Stockholders' Protective Committee

directors

of

slate

A

include

annual meeting of stockholders is being selected, and proxy
solicitation material is being prepared on behalf of
the committee.
The
members of the committee
are: Mrs. Elizabeth King Black,

coming
■*

Year Ended Dec. 31—

revenue

after

income

Net

175,

Dec.

Soc.

Wear

Electric Inc.

and

replacements.

Long

debt

term

of

U.

S.

Steel.

Preferred

—

in

orders.

defense

proceeds

with $15,500,000 in 1949—has required an in¬
capital, especially under the impact of mounting

compare

working
and

In

addition,"

expand

the

expects

company

manufacturing

facilities

on

BUSINESS—The
'miniature

electric

largest

electron

tubes

suppliers
electron

in

used

to
continue to
which
$3,800,000

of

is

operations

which

also

and

accounted
■

it

TV,

is

of

one

the

control

1904

in

currently

major

1950

1949

and

systems

tubes.

It

is

for

research

nearly
is

two-thirds

being

germanium • transistors,

carried

of

one

of

the major

of

color

sales

in

television

tiny device which is expected to
open
new
fields for tube application.
As of Dec. 31, 1951 the com.pany's backlog of unfilled orders was approximately $9,500,000.
For
1951

net

sales

$31,484,760

were

DIVIDENDS—Dividends

paid at the

a

and

the

on

net

income

common

$2,049,458.

was

stock

are

quarterly rate of 25 cents per share.—V.

currently
175,

p.

being

$

$

-

The

company on March :27 filed a registration statement with the
covering $30,000,000 of first mortgage and collateral trust bonds,
1982, to be offered for public sale at competitive bidding.

Net

proceeds

program

of

<12,500,000

the
of

■construction).

sidiary,
to

with

purchase

time

to

be

to

are

applied

company's
In

order

funds

for

additional

time.—V.

175,

toward

system

promissory

provide

p.

of

as

Union

construction

shares

the

cost

(including
issued

notes

to

906,387,149
18,198,462

1,005,829,124
19,692,732

7,129,924

10,191,848

Aircraft

the

of

the

the

retirement

temporary

Electric

purposes,

of

some

financing

Power

the

subsidiary's

construction

Co.,

company

common

a

of

sub¬

proposes

stock

from

1375.

Corp.

27,851,657

was

—

quickly completed—V. 173,

p.

143,938,940

162,091,475

•

States

Steel

Corp.—Annual

Report—In

1951

and

by United
greater than in any previous year
of its history, Irving S.
Olds, Chairman of the Board of

States Steel all

were




value)
in

of

the

indenture

thereof

April

close

The

of

Fourth

tion

each

at

of

amount

within

the

authorized

bonds

only

may

OFFER—The

$37

has

than

stock

14

its

for

be

issued

i3

subject

$150,000,000

present

debt

of

share.

28,

basis

the

on

stock

subscription

shares

11,898

company,

common

This

April

on

appointed

is offering to holders

company

parent

subscription

shares

per

business

company

Co.,

The
bonds

and

other

common

for

1952,

4,

the

at

stock,

additional

share

3,326,736 shs.

series.

company.

common

held

of

one

of

record

will

offer

expire

1952.

Peoples

FirstrNational

Bank

Trust

&

agent

stock.

common

for will be
A

Avenue

and

Wooc^ St.,

Certificates

delivered

as

for

soon

shares

representing the excess,
the subscription will be

for

returned

Total
will

to

the

proceeds

be

the

have

by

the

made.
neces¬

subscription

for

before

deduction
several

the

additional

agent

estimated

of

purchasers

the

$41,050.

of

expenses

of

stock

common

series

bonds

O

through their representative, Halsey, Stuart & Co. Inc.,
into a purchase contract with
the company, pursuant
purchasers have agreed to purchase the respective principal

below,

entered

which

to

of

issued

of

subscribed

subscription is
rights over those

if any,

company

UNDERWRITERS—The
named

shares

full

stock

common

after

subscriber.

to

$8,206,082

of

practicable

as

warrant

sary

and

13,(PaV ts the subscrip¬

Pittsburgh

in connection with this subscription offer.
rights to subscribe may be exercised only for

of

amounts

series

Stuart

O

&

bonds

&

R.

Day

L.

Dick

below;

Heller,
$5,200,000
150,000

Co

$250,000

Bruce <fc Co.___
& Weeks_«

Hornblower

1,000,000

The Milwaukee Co

250,000

Mullaney,

300,000

& Co._„

Merle-Smith__

&

forth

set

Co.
—

Wm.

1,000,000

Wells

Inc.

450,000

&

250.000

Co.

&

Pollock

E.

Co.,

450,000

:

Co.__

150,000

Schwabacher & Co.__„ *"

First of Michigan Corp.

350,000

Stroud & Company, Inc.

600,000

Gregory

450,000

Thomas

250,000

350,000

Van Alstyne Noel Corp.

Fauset,

Steele
&

&

Son,

Inc.—

Haupt & Co
175,

250,000

Co

300,00®

*\

1375.

p.

Western Gold Mines,

119,661,652

145,986,681

tion

March 20 sold

on

stock

(par 10 cents)

5,412,303

1,822,686

1,969,626

2,171,141

2,297,316

62,665,217

56,221,366

49,887,902

The

2,394,345

75,312,029

taxes__

4,858,545

398,000,000

234,000,000

126,000,000

109,000,000

184,359,787

215,464,142

165,908,829

129,627,845

-

tEarns.

92,689,633

25,219,677
56,135,975

company

covering

stock

97,554,832

84,553,177

52,lS8,656

$6.10
reclassification

12,

1949.—V.

175,

$7.29

various

of

outstanding

presently

on

United
The

to

be

Inc.,

fund

stock

common

SEC

after

3-for-l

split-up

on

has

Redemption—

of

company

March

on

Co.—Registers With SEC—
filed

26

registration

a

with

statement

viz:

for

fund

preferred

Peters,

Writer As

sinking

through
shares

1,000

the

the

for

of

account

the

with

notification

of

share)

three

of

account

stock*

selling

479.

Co.—Merger Effective—

Petroleum Co.

the

share

new

for

The proceeds

each

held.

shares

16

There

will

be

no

under-

be used for general corporate purposes.—

to

are

March

on

announced

was

for

000,000,

above.—V.

175,

f

;

923.

p.

Y.—Registers With SEC—

filed

31

War

March

on

$149,000,000 worth
the

largest

31

of

that

the

received

has

company

an

military Jeeps, with options for $178,Jeeps received by it since
World

contract

for

II.

the

Ward

forces

the

from

M.

The

within

order,

armed

contract

Canaday,

50%

ixa
are

now,"

to

Canaday

with

its

daily

delivery
31,

Jeep

vehicle

major

since

June,

1949,

of' military

Jeeps

vehicles ordered

under

said.

Canaday
the

for

expect

previous

output
the

of

Mr.

orders

"and

said,

under

bought

number

sixth

Corps

reported.

March

on

the total

of

is Willys'

war,

Ordnance

increase

schedule

ordered

hundred

Army

expedite

signed

on

Mr.

vehicles

will

order

contract

S.

President,

corporation

"We

few

a

the last

since
U.

complete

to

Department

Defense

delivery

of

all

contracts

by July.
Production of
immediately after deliveries
are
completed of all vehicles ordered under previous contracts.
Thi3
is expected
to be by July."—V. 175, p. 813.
•
the

just ordered

Jeeps

will get

under

way

174, p. 2139.

Co.

Inc.

associates

and

on

April 3 made

a

books closed.
on

The group was

awarded the issue on April

its bid of 101.3891.

Other

bidders

101.1493;

the

for

Lehman

as

101.0875;

3V4S
W.

were:

Boston

Fir$t

new

series

104.95%

O

to

interest

bonds

par

in

and

each

Langley & Co.,

C.

100.92123;

redeemable

are

"special"

at

"regular"

at

prices of

prices

101.95%

the

1916.

It

energy

sale

of

the

bonds

will

be

applied,

is

282,915,

net

to

income

$8,397,505

revenues

for

of

company

and

its

subsidiaries for

1951

with
$8,985,421
in
1950,
while
periods were $53,881,522 against $49,-

compared

these

issue and

1951-54,

to

p.

its

of

for

offering

first

with

bonds, due
together

bidding,

stock,

to be

outstanding

3,512,426

fofl

SEC

the

mortgage

common

the

share

each

five

shares

price

and

other

held

offered
shares
the

on

terms

to

are

-

-

construction

a

of

competitive

at

which

estimated

program

the

proceeds

$98,000,000

the .financing
' r

of

*•

721.

at

ara

company

Proceeds

to

issue

be

applied
for

capitalizable

therefor.—V.

filed

27

and

sell

to be offered

borrowings

for

pay

to

are

evidencing

March

on

to

due 1982,

175,

to

an

application with the SEC1 for
of first mortgage bonds,

$4,000,000

sale at competitive bidding.

for public

the

payment

construction;

expenditures

short-term

of

and
to

or

the

bank'notes

balance, ' if * any,

reimburse

the

treasury

1168.

p.

t

Wyoming Oil Co., Denver, Colo.—Files With SEC—
A

letter

75,000

of

notification

shares

account

of

of

capital

M.

F.

stock

to

without

Francy,

o

filed with

was

the SEC

on

March

26

be offered "at the market",for
underwriting.
'

*

covering

'

tha
f

Zeigler Coal & Coke Co., Chicago, 111.—Registers Withi

also will
sell 221,786 additional shares of common stock
Stock

period

series C,

respectively.-

Common

has

applied.—V. 174,

authorization

incorporated in Pennsylvania on March

the

holders

additional

record date,
amendment.

by

company

the
be

the

sale

shares of

702,486

by

one

application

an

$12,500,000

public

Worcester County Electric Co.—To Issue Bonds—

1,
engaged in the production, distribution and sale of electric
18
counties of western and north central Pennsylvania.

in

operating

for

sell

for

Co.—Financing Plans—

filed

28

The

date.

The

the

of

supplied
The

and

offered

rate

record

to

issue

to

be

additional

an

the

plus

proceeds from

BUSINESS—Company was

to

Power

March

on

subscription

at

ranging

to par,

the sale of additional common stock
and other funds
of the company,
toward the cost of the presently
contemplated construction program of West Penn Power and its sub¬
sidiaries.
Based
on
present
plans,
approximately
$41,000,000
is
expected to be spent on construction during 1952 and 1953.
with

for

case.

from

PROCEEDS—Proceeds

together

1982,
with

Electric

company

permission

Corp.,

Kidder, Peabody & Co. and White, Weld & Co.
(jointly), 100.901;
Kuhn, Loeb & Co., 100.879; and Harriman Ripley & Co., Inc., 100.777.

accrued

The

be

bonds

Brothers,

Wisconsin

Stuart

pubile of¬

fering of $12,000,000 of first mortgage bonds, series O,
314%, due April 1, 1982, at 101.931% and accrued inter¬
est.
The offering was quickly oversubscribed and the
1

letter

a

Willys-Overland Motors, Inc.—$149,000,000 Jeep Order
It

by

West Penn Power Co.—Bonds Offered—Halsey,
&

1375.

p.

a
registration statement with the
covering 60,000 shares of capital stock (par $1), to be offered at
market, without underwriting.—V. 174, p. 279.
,
j •

the

one

•»J
175,

capital.—V.

cumulative

per

Colo.,

shares

1,400

corporation

order

for

West Ohio Gas Co., Lima, O.—Files With SEC—
The company on- March 25 filed a letter of notification with the
SEC covering 19,753 shares of common stock
(par $5) to be offered
for subscription by common stockholders at $11.50 per share at rate
of

6%

($50

par

Whitehall Fund, Inc., N.

called

$170,000

covering 100,000 shares of capital stock to be offered at the mar¬

Writing.

filed

of

p.

Interstate

The

SEC
the

ket, without underwriting.—V. 175, p. 557.

V.

24

shares

White Eagle Oil

$4.00

923.

p.

Street Investing

Wall

March

Denver,

and

173,

The record

The

working

at

on

2,400

offered

company

See

tBased

costs.

for redemption on May 1, next, for the
4% sinking fund debentures due Nov. 1,
1960, at 101%.
Payment
will be made at the Bankers Trust Co.,
46 Wall Street,
New York, N. Y., or at the Harris Trust & Savings
Bank, Chicago, 111.—V. 168, p. 1488.
•

for

25,219,677

$5.39

benefit

employee

Co.—Partial

Transit

company

sinking

used

com.

share
•After

the

52,219,512

80,810,842

surplus

25,219,677

78,329,268

stk.

per

be

to

are

States Utilities Co., Denver, Colo.—Files—?

Western

holders.—V.

25,219.677

Balance

privately 2,500 shares of camrabix
per share, without under¬

at $2.25

v;

proceeds

The
SEC

taxes

com.

Sold—The corpora¬

on

stock
on

Inc.—Stock

writing.

income

Divs.

Financing

—

The

company

offered to the common stockholders of the
other than The West Penn Electric Co., its
parent company, pursuant to rights to subscribe as
referred to below under "Stock Subscription Offer." The

are

United

the production, sales,
shipments, rates of operation,
.movement of iron ore from mines to
furnaces

the

of

its

—V.

♦14,159,997

(no par) of which 11,898 shares, or approximately 5.4%,

2094.

the

78,000 shs.

additional

STOCK SUBSCRIPTION
of

♦891,133,297 1,013,756,603

1,750,925

Consolidated

Special Offering—A special
offering of 12,000 shares of common stock (par $5) was
made on March 27 by
Clark, Dodge & Co. at $30.25 per
share, with a dealer's concession of 50 cents per share.
It

limit

of

stock

par

that

except

terms

Ira

(Cr)

amounted

United

unlimited
the

(no

issuable

are

Cohu

$

Divs. on cum. pfd.

from

due

♦Bonds

exhaus¬

Fed.

The

1168.

Union Electric Co. 6f Missouri—Registers With SEC—
fiEC

50,000 shs.

50,000 shs.

preferred

and

the

of

electronic

company

in

on

50,000 shs.

50,000 shs.

Aspden, Robinson & Co.

1948

24,017,465

debt

making

one

proaucers

headlights
and
produces
a
flashing directional signals. Of these products,

af

amount

tubes

and

It

radio

of

Considerable

1951.

tubes

started

bulbs,

and also makes TV "picture"
sealed
beam
automobile

computers;
substantial
'

corporation

light

producers.

B

C

Inc.

108,981,205

local

^as been spent since 1947.

/ three

series

series

Christensen,

shares of 5% cumulative preferred stock

net

297,077 shs.

stock,

Common stock

INCOME

OF

dividends.

accrued

plus

12,00o!uo0
322,000 shs.

stock,

Offered—

Stock

10!000.000
500,000 shs.

preferred

Halsey,

STATEMENT

1,018,530,543

Income

& Co. Incorporated headed an invest¬
which offered publicly on April 2 a new

PROCEEDS—The

improve

<

under

prior

on.

preierred

crease

j

facilities

prov.

Est.

($50 per share).

$31,500,000

"

defense

96,589,958

long-term

March 31

will be used chiefly to replenish and
-fcugment working capital.
In recent years the substantial expansion
of the company's electronic and electrical business—1951 net sales of

5

of

1962 at

jtase
.

cost

27,707,217

in

State,

.

.

such

for

1 217,611,480

Int. costs, etc.

$3.23

$3.50

stock is convertible into common stock prior to April
the rate of 2.8% common shares for each preferred share.
The new preferred is callable at company option at $52.50 per share
until April
1,
1954; thereafter at declining prices through April 1,
1963; and thereafter at $50 per share.
It is also redeemable through
an
annual sinking fund beginning with 1962 at $50 a share, in each
The

1,

the

of

32,560,263

&

Other

Harriman Ripley

at par

expended

years:

'

7,830,000

8,511,000

taxes

issue of 50,000

be

sal.

costs,

May

group

to

1 ,329,670,316 1,120,608,522

for

filed a registration statement with the
of its $10 par common stock, to be offered
for public sale through an underwriting group headed by Blyth & Co.,
Inc., and The First Boston Corp.
The public offering price and
underwriting terms are to be supplied by amendment.
Net proceeds of the financing are to be applied to the
company's
construction program and to the repayment of $1,000,000 of notes, the
proceeds of which were so used.
The construction program is estimated
at $5,300,000 for 1952 and $8,200,000 for 1953.
It is expected that an
additional $8,700,000 of financing will be required to complete the pro¬
gram.—V. 169, p. 1713.

Tung-Sol

yet

or

1951

benefits

SEC covering 140,000 shares

ment

numerous

taxes

and

sec.

bought

War

$

3,500.000

12,500!000
12,000,000

Products & service

144,912,000 116,966,000

—

—

on

the

increases in
projects under

such

Insur. & oth. empl.

Gas,

company

meet

31,

Par. for pensions

Electric Light & Power Co.—Registers
With Securities and Exchange Commission—
The

To

$463

$

Wages

1970

preferred

Unclassified

of

additions

property

mlscell.

Tucson

January

sold 3 524,121,226 2,956,406,146 2,301,685,689 2,481,508,535
Employment costs:

1027.

p.

in

;

Earnings per share
—V.

certificates

tion of facilities

$

Operating

authorized

Prod. & serv.

STATEMENT OF EARNINGS
"
-1
1951
1950

CONSOLIDATED

amortization

Calendar Years—

Society of the United States.

CONDENSED

,

This amount

total amount of $603 million above

expended

facilities,

improved

Steel's

at

1,

L,

4.10%

The

already

sums
or

CONSOLIDATED

World Airlines, Inc.—Stock

Assurance
V

million,

$129

long-term debt in the history of U. S.

Subscriptions—The
company on March 31 announced that 215,046 or 88.5%
of the 242,987 shares of new common stock recently offered to stockholders had been subscribed.
An addi¬
tional 25,728 shares were taken up by Hughes Tool Co.
pursuant to its agreement with TWA and Equitable Life

'

has

now

1951, was $57.3 million, represented almost entirely
by debt of subsidiary railroad companies. This is the lowest amount of

Guild Enterprises, Inc., operator motion picture theatres .and formerly a Vice-President and director of
Trans-Lux Corp.): George G. Mason, New York City; Peter H, Mortensen (President of Peter H. Mortensen, Inc., oil trucking); Walter
Siemers (formerly a
director of Trans-Lux Corp.); Jerome B. Ross
{formerly a director and member of the executive committee of TransLux Corp.), and Eugene R. West.—V. 167, p. 2584.
Trans

additional

an

projects under way.
original authorization of

the

the

S.

Steel

(President ot

Elson

W.

also

operation

million.

estimated at $603

was

these facilities is included in the

for

■

Norman

Steel
into

necessity amounted to $12.8 million in 1951."
Working capital of U. S. Steel at Dec. 31, 1951, was $334.9 million,
compared with $441.8 million at Dec. 31, 1950.
These figures exclude
the
$250 million
of government securities set
aside in prior years

the managements late at the forth¬

oppose

S.

put

Steel

S.

various

since

such

to

U.

authorized

then

the

"U.

to the management.

posed

when

steel

its

million, representing varying
percentages of the total costs of certain defense facilities, had been
covered, at Dec. 31, 1951, by certificates of necessity.

Mason, Room 2500, 2 Rector Street, New York 6, N. Y„ on
announced the formation of a stockholders' committee op¬

17,000,000

Series M,

over

mentioned.

George G.
March

U.

1946.

20.1%,

or

1951,

"Of

1968

4.20%

additional

Trans-Lux

tons,

initially authorized,
of

Oustanding
$27,000,000

1,

Preferred stock—cumulative (par $100)
4%%
preferred stock

Jan. 1,
which

of

as

facilities

million

5.8

at Dec. 31, 1951, U. S. Steel has added $67 million to the amounts
which increase of $67 million in the estimated cost

way

FINANCING

PRESENT

Authorized

will

capacity

1951

not

costs

250,000
2o0,000
200,000

Series

TO

1866

Series J, 3»/i %., due Aug,
Series K, 3%, due March

in

EFFECT

1,

capacity, so as to result in an over-all
the outbreak of hostilities in Korea of 4.9 million tons,

of

resulting primarily from higher labor costs and other
inflationary influences, it has been necessary for U. S. Steel con¬
tinuously to revise upward the amounts initially estimated to com¬

922.

p.

Korea

GIVING

♦First mortgage bonds;
Series I, 3Va%, due Jan.

8.1%,

or

in

stock.

common

CAPITALIZATION

3%, due May 1, 1974
3%, due March 1, 1978
Series N, 27/a%, due March 1, 1979__
Series O, 3'/4%, due April 1, 1982__

construction

during

$600,000

Stern Brothers & Co...
Stroud & Co., Inc
Thomas & Co—

200,000
600,000
250,000
600,000

Kraus„

&

Burge

tons,

hostilities

of

tional

15.3%.

plete

Pomeroy, Inc.

$2,050,000'

jnc

Ball

Bear,

million

2.6

of

outbreak

the

for the forthcoming development and utilization of extensive
iron ore properties in Venezuela.
"Because
of
the
upward
trend in
construction and other costs

&

Hutton

increase

an

at

Monday, April 7, 1952

.

by the company's public common stockholders. Such of¬
fering is not dependent upon the sale of the series O
bonds, nor is the sale of the series O bonds dependent
upon the issuance and sale by the company of the addi¬

34.6

was

1952,

purchasers

Stuart

is

since

does

3,500,000

representative,

Halsey,

stock

common

expended $352.4 million for needed addi¬
tions to and replacements of its facilities, or $190.3 million more than
its
total
provision for wear and exhaustion during the year.
At
Dec. 31,
1951, the amount required to complete all replacements and

named below, of whom Halsey, Stuart & Co. Inc.,
is the managing underwriter, have agreed on a
firm commitment basis to purchase from the company the respective
amounts ot debentures set forth below:
The

the

the

on

annual ingot capacity

Steel's

S.

increase

an

increase

or

Merrill

3,500,000
3,500,000

Co., Inc

This

capacity
is

It

Steel's

S.

additions

Lynch, Pierce,
Fenner & Beane

U.

increase

forth below:

set

$3,500,000

& Co

Loeb

Kuhn

bonds

1952,

ingot

1950.

"During

series

1982

of

1,

further

UNDERWRITERS—The purchasers named below have agreed on a
firm commitment basis to purchase from the company the
respective
amounts

declared

dividends

tons.

net

its

under

property,
of trust,

by

deed

and

mortgage

U.

Jan.

of

million

7,000,000

70,000 shs.
133,786 shs.
4,600,000 shs.

but

the

of

"As

5,000,000

—

pid. s^ock (cumul.) (no par value).
$4.56 pid. stk. (cumul.) (no par value)
Common stock (no par value)

&s

total

$7,000,000

1973

debentures due

3%%
(4

for

for the year.

debentures:

due

3»/4%

—-—

1978—.—

due

series

3V*%

C

$31,500,000
6,000,000
2,000.000
14,000,000

—

its

to

amounts

bonds:

mortgage

2%%

in the annual report for 1951, recently
It paid greater hourly and weekly earn¬

says

public.

employes than in any previous year, and
government in / the form of taxes also
achieved record-breaking levels, he says, with provision
for Federal taxes on income more than five times the

,

Outstanding

Authorized
"•First

made

ings

FINANCING

GIVING EFFECT TO PRESENT

CAPITALIZATION

Directors,

compared with $5,771,463 in the

reported net income of $6,104,456
preceding 12-month period.

.

.

being

company,

Securities
The
SEC

covering

The

by

holders

tional

the

the
•to

of additional

funds.

stock except

those subscribed for

of

share

by

retire

Exchange Commission—
March

on

66,125

2?

common

be

to

are

each

will

which

this loan

in

at

for

shares

No
used

a

shares,

common

five

be

filed

offered

outstanding
for

amendment.

financing

company

West Penn Electric Co. has agreed to purchase all shares
common

shares

supplied
of

and

company

registration
$10

with

statement

the

par.

subscription

stock,

at

held.

the

at
rate

The

underwriting

record

is

involved.

$10

of

per
one

date

Net

is

share
addi¬
to

be

proceeds

of
March 15, 1952 were $800,000.
It is intended
during the first half of 1952 from corporate

full

to

pay

in

part

current

bank

loans

Number 5105

Volume 175

.

The Commercial and Financial Chronicle

.

.

(1485;

57

STATE AND CITY DEPARTMENT
BOND PROPOSALS AND NEGOTIATIONS

County),
Hampton, Ark.

the

by

purchased

was

$74,000

Southern Securities Corp., and

the

both of

Walter R. Bass Company,

Rock, jointly.

Little

Culver

March

on

awarded to

were

1374—
syndicate com¬
175,

a

Co.,

Trust

Co., all of San Fran¬

&

Weeden

America

of

" American

cisco, John Nuveen & Co., of Chi¬
cago, Heller, Bruce & Co., J. Barth
& Co., Dean Witter & Co., all of
San
Francisco,
Merrill
Lynch,
Beane, C. J.
& Co., B. J. Van Ingen &

Pierce,

&

Fenner

Devine

435.50
was

Co., First of Michigan Corporation,
all of New York City, Kaiser &

&

$40,-

July

on

1953 to 1962 inclusive. In¬

from

2

14, 1952. Due

Bank
&

America

of

Savings

Francisco,

National

2y4s

and

Trust

of San
2s, at a

price of 100.08.
CONNECTICUT

Lyons &
Connecticut (State of)
Shafto, of Boston, Lawson, Levy
Note
Sale
The
$59,000,000
&
Williams, of
San Francisco, housing, series G notes offered on
Stern, Frank, Meyer & Fox, Fred April 2 — v. 175, p. 1268 — were
D. Blake & Co., both of Los An- awarded to the
following:
—

.geles, C. N. White & Co., of Oak¬
land, and Jones, Cosgrove & Mil¬

ler, of Pasadena, at a price of
•100.07, a net interest cost of about
2.20%, as follows:

,

;

180,000 2s. Due on April 1 from
1966 to 1969 inclusive.
535,000 2Y4S. Due on April 1
1970 to 1982 inclusive*1

from

County Clerk, will receive sealed
until

chase

April

of

bonds.

school

$600,000
M-N.

Interest

for the pur¬

15

bonds were

These

scheduled for sale on April 1, and

postponed.

were

Gallatin

Sch.

(Los Angeles

Dist.

Bank

Trust

&

Co.,

New

Savings

City, Harris Trust
Bank Northern Trust

Co., both of Chicago, C. J. Devine
&

(EST)
purchase*of
a.m.

May 1 from 1954 to

on

Principal and in¬

inclusive.

1974

Malone,

April 15 for the
$1,517,000 bonds, as

of the

County Treasurer.

at

Boston,

system

sewer

May

on

1

from

bonds offered

1374

p.

were

—

of

Bank

on

1952.

bonds

bonds.

Due

dated

are

a

National

Chase

on

May

1,

Principal and interest (M-N)

payable at the Farmers Bank of
the State of Delaware, Wilming¬

America

National Trust

of San
Francisco, as 4s, at a price of
100.86, a basis of about 3.79%.
&

Association,

Savings

Lindsay Unified Sch. Dist.
(Tulare County), Calif.
Bond Sale—The $47,000 build¬

Indianapolis Sanitary Dist., Ind.
Bond
Offering—John Barney,
sealed bids until i0:30

Due

interest

fice

100.19,

a

Los

on

April 1—v.

&

Bank,

National

Trust

Hutzler,

000

1.04%.

at

Angeles County (P. O.

County Clerk, will receive sealed
bids until 9

the

for

(PST)
purchase
of
a.m.

on

April 8

$3,500,000

Juvenile Hall Center bonds. Dated

May 1, 1952. Due
to

1953

1972

and interest

on

May 1 from

inclusive.

Principal

(M-S) payable at the

office of the County Treasurer, or
at
the

any

of

the

County

in

fiscal

the

York. These bonds
when

first

agencies

City

were

offered

of

of

New

postponed

due

construction costs.




to

high

The

purchase

May

011

of

$65,000

Legality approved
S.
Stephens
and
George W. Hatfield, Jr., of Whit¬
ley City.

issue

Bond

City

purchased

St.

by

the

Clerk,

for

the

judgment
April

&

Co.,

Inc.,

Louis, III.

Offering

15,

—

will

bids until 10
9

LOUISIANA

of

Council

sessment bonds

2s, at

as

sealed

receive

(CST)
purchase of

April

on

$375,000
funding bonds. Dated
1952. Due on Feb. 1

from 1954 to 1972 inclusive. Prin¬

La.

purchased by
Savings Bank,

was

Council Bluffs
par.

John Tierny,

a.m.

Bluffs,

Bond Sale—The issue of $30,000
street improvement, special
as¬
the

East

M-N.

Leonard

anticipation

tax

Bosworth

Monroe, La.
Bond

Offering

—
P. A. Poag,
City Secretary, will receive sealed
bids until 10 a.m. (CST) on April
29 for the purchase of $1,200,000

water and electric

bonds.

revenue

1954

and

of

No. 37

to

County Sch.

bonds offered

INDIANA

certificates

Revenue

28—v.

March

awarded

p.

on

1268—were
Housing

Federal

Finance

Home

and

2%s.

175,

the

to

offered

Agency,

as

&

will

Clerk,

Due

1982

March

on

from

1

inclusive.

The

1954

to

certificates

lable. Principal and

Trust

the

at

bonds.

Legality approved by

Post

Ice

Miller,

&

of

Township (P. O.

Medaryville), Ind.
Bond Sale—The $104,000 bonds
offered
—were

April 1—v. 175, p. 1268
awarded to Raffensperger,
on

Hughes & Co., of Indianapolis, as

l3/4s, at

a price
of about 1.66%.

of 100.75,

basis

a

1.06%.

New

London,

Bond
000

Sale—The

Bond Offering

Creagh,

bonds

May 1, 1952. Due

on

able at the Bank of the Manhattan

Company,
the

New York
Norwalk

South

Norwalk.

South

City,

at
Co.,

or

Trust

Legality

ap¬

Honolulu,

—

Mr.

Creagh also reports that the City
Council
until

8

will

receive

sealed

sewerage

umn

at

a

Municipal

(EST)

Garage

to

bonds.

Dated

May 1 from
1967 inclusive. Principal

May 1, 1952. Due
1953

on

and interest

on

(M-N) payable at the

1970

bonds

May

District No.

412 (P. O.

at

Offering

—

Frank

a

Squires, Clerk of Board of Trus¬
tees, will receive sealed bids until
8 p.m. (MST) on April 14 for the
purchase
of
$275,000
building
bonds. Dated March 1, 1952. The

on

1976

to

from

15

1977 to

improvement,

a

net

a

price of

interest

cost

of

about 2.08%: $40,000 2y2s, due
Nov.

on

2s, due

15,

on

1976

1953,

$1,143,000

Nov. 15 from 1954.

inclusive, and

2y4s, due

on

$317,-

Nov. 15 from

inclusive.

St. Bernard Parish Sch. Dist. No. t

Ky.
$25,000 public
revenue
bonds

building

O.

(P.

March

on

25—v.

awarded

to

price

of

100.18,

a

175,

p.

Russell,

2V2S,
basis of
as

Bond

Chalmette),

Offering—J.

F.

La.

Gauthier,

Secretary of Parish School Board,
sealed

until

receive

(CST) on May 7 for the pur¬

chase

of

$780,000

Dated May

bids

11

will
a.m.

about 2.47%.

N.

due
1966

Sale—The

A School Long & Co., of Lexington,

Buhl), Idaho

1967

street

100.12

1,

O.

to

inclusive.

1977 to 1981

(P.

1957

to

2V2S,

1958

series F bonds, at

Hawesville),
Bond

from

Nov.

on

1,500,000

KENTUCKY

County

from

1

15

1991

000

1269—were

Bond

due

to

Hancock

1953

$549,000

about

due^on

inclusive, and $1,452,000 2Y4S,

June 1 from

dated

from

Nov.

Nov.

1952.

offered

Falls County Class

15

of

4s,

inclusive, $718,000 2s, due

inclusive.

are

cost

$253,000

inclusive,
on

price of 106.18,

a

interest

and 1972.

The

school

IDAHO
Twin

net

Nov.

or

previous date.

bonds, at

2.23%:

84,000 2s. Due on June 1 in 1971

approved by Wood, King &
Dawson, of New York City. These
bonds were mentioned in our col¬

bids

the same
day for the purchase of $125,000
p.m.

1958 to

on

follows:

as

a

$840,-

was

546,000 l%s. Due

ity

proved by Wood, King & Dawson,
City.
Offering

Co., Inc., Barr Brothers & Co.,
of New York
City, Barrow,
Leary
&
Co.,
of
Shreveport,
Howard, Weil, Labouisse, Friedrichs
&
Co., of New Orleans^
Thomas & Co., of Pittsburgh, and
Sterne, Agee & Leach, of Bir¬

a

at the Bankers
Trust Co., New York City. Legal¬
in

of New York

Additional

&

all

F

of

1953 to 1957 inclusive.

April 22 for the purchase of $6,-

City Clerk,

1169

syjidicate

a

City, Blair, Rollins & Co., Inc.,
Kidder, Peabody & Co., White,
Weld
&
Co., Hemphill, ! Noyes,
Graham, Parsons & Co., Hornblower & Weeks, First of Mich¬
igan Corporation, Geo. B. Gibbons

HAWAII

William J.

—

to

bonds

p.

$3,000,000 grade separation, series

issue

obligation

general

treatment

by

Conn.

awarded

—were

mingham,

KANSAS

Pittsburg, Kan.

purchased
syndicate composed of Halsey,
Stuart
&
Co.,
Mercantile
Note Sale—The issue of $250,000
Trust Company, of St. Louis, R.
Hawaii (P. O. Honolulu), Hawaii
tax anticipation notes was pur¬
S. Dickson & Co., of Chicago, and
Bond
Offering — Sakae Takachased by the New London City
the Dunne Company, of Wichita,
hashi, Treasurer, will receive at a
National Bank, at 1.13% discount.
price of 100.01, a net interest
sealed bids at the Bankers Trust
Due on April 25, 1952.
cost of about 1.81%, as follows:
Co., 16 Wall Street, New York
Norwalk, Conn.
City,
until 10 a.m. (EST)
on $210,000 2s. Due on June 1 from

at

April 2—v. 175,

on

composed of Halsey, Stuart & Co.,

interest pay¬
Company of

Georgia,
Atlanta.
Legality ap¬
proved by Chapman & Cutler, of
Chicago.

Bond Sale—The $4,500,000

offered

First National Bank, of New York

White

receive
(EST) on

'

Dated

bridge-1952

April

Ga.

Douglas,

City

net

1, 1952. Due on Jan. and
July 1 from 1954 to 1968 inclusive.

000

Certificate Offering—Glen Tan¬
ner,

a

New Orleans, La.

L

will

bids until 2 p.m.

Ross, McCord,
Indianapolis.

GEORGIA

Harris,

receive
(CST) on
April 8 for the purchase of $130,Auditor,

County

sealed

Jones, of New Orleans, at

interest cost of about 2.34%.

Ind.

Bond Offering—Otto W.

Interest J-J.

,

on April 1—v.
175,
1069—were awarded to Scharff

p.

Shelby County (P. O. Shelby-

Florida

.

Dist.

(P. O. East Moline), III.

ville),
.

able

the Hartford Na¬
Bank & Trust Co., Hartford,

tional

Company, New York City. Legal¬
ity approved by Chapman & Cut¬
Bond Sale—The $100,000 build¬ ler, of Chicago.
ing bonds offered on April 1— Morehouse Parish,
Merged School
v.
175, p. 1377—were awarded to
Districts Nos. 2 and 3 (P. O.
the Northern Trust Co., of Chi¬
Bastrop), La.
cago, as 2s, at a price of 100.03, a
Bond Sale—The $600,000 school
basis of about 1.99%.
Island

Rock

maturing in 1960 to 1982 are cal¬

$500,000 to the Second National

May 1 from 1953 to 1972 inclusive.
Principal and interest (M-N) pay¬

Los Angeles), Calif.
Bond Offering—Harold J. Ostly,

was

FLORIDA

the

and

Bank, both of Bos¬

$2,500,000 to Hanover Bank, New
York City, at 1.03%, and $2,500,-

bonds. Dated

basis of about 1.94%.

warrants

(J-J) payable at the of¬
the County Treasurer.

Bank, Northern Trust Co., both of
Chicago, C. J. Devine & Co., Salo¬
Bros.

from

1

Principal

University of Florida Student Hall

Bankers

First National

Jan.

on

inclusive.

1978

to

(CST)

purchase of
sewer-1952, first issue

$950,000
bonds.

a.m.

14 for the

April

on

receive

will

Controller,

City

reports that 000,000 public improvement, series
the Board of Estimate and Taxa¬ A, issue of 1952 bonds. Dated April
175, p. 1268—were awarded to the
15, 1952. Due on April 15 from
Bank of America National Trust tion will receive sealed bids until
1955 to 1972 inclusive.
Principal
7:45 p.m. (EST) on April 15 for
&
Savings Association, of San
and interest payable at the office
the
purchase of $225,000 sewer
Francisco, as 2s, at a price of
of the Treasurer of the Territory,
ing bonds offered

the

sealed

(CST)

Dated Feb. 1, 1949. Due on Feb. I
Legality approved by William cipal and interest payable at the
from 1954 to 1989 inclusive. The
S. Satterthwaite, attorney for the Union 'National
Bank, East St. bonds
maturing on Aug. 1, 1954.
County Levy Court, and Reed, Louis.
Legality
approved
by and thereafter are callable. Prin¬
&
Hoyt & Washburn, of New York Charles
Trauernicht,
of St. cipal and interest
(F-A) payable
Louis.
City.
at the Chemical
Bank &
Trust

syndicate com¬

Co.,
Guaranty
Trust
Co.,
Chemical
Bank
& Trust Co.,
all of New
York City, Harris Trust & Savings
Bank,

City

$1,000,000

awarded to the

receive

a.m.

Chicago), III.
—

1952

*

May 1 from 1953 to 1969 incl.
The

Sale

$700,000

17,000 suburban community im¬
provement

9

first

or

pur¬

County, Forest Preserve

District (P. O.

inclusive.

1989

(State of)
Certificate Sale—The $1,998,000

Bank, at 1.05%.

April 1—v. 175,

Cook

Warrant

bonds. Braun,
1953 to jointly.

pre¬

a

posed of J. P. Morgan & Co. Inc.,

Keppel Union Sch. Dist. (Los
Angeles County), Calif.
Bond Sale—The. $6,000 building

the

by

Illinois Company, of Chicago, and

follows:

Co., Salomon Bros. & Hutzler,
Bank, both

$15,400,000 to

the office

terest (M-S) payable at

a

ILLINOIS

ton, at 1.07%, plus a premium of sealed bids until 5 p.m.
sealed
$259.60.
April 14 for the purchase of $350,bids until 9 a.m. (PST) on April
$13,000,000 to Estabrook & Co., 000
water
and
sewer
revenue
8 for the
purchase of $103,000
at 1.05%, and $100,000 at 1.00%.
certificates. Dated March 1, 1952.
building
bonds.
Dated May
1,
Due

Treasurer,

for

by

on

County Clerk, will receive

1952.

desired

10

will

until

Interest

County Levy Court,
will receive sealed bids until 11

and the First National

mon

County), Calif.
Bond Offering—Harold J. Ostly,

all

York

of

1.07%, plus
mium of $48,000.

(Orange County), Calif.
Bond Offering — B. J. Smith,
bids

City
Bank,
Bankers
Co., Guaranty Trust Co.,

Trust

of

District

School

Fullerton

National

&

1953 to 1965 inclusive.
'

$25,000,000 to a syndicate com¬
posed of J. P. Morgan & Co. Inc.,

Chemical

$535,000 2Y4S. Due on April 1 from

bank

bids

ton.

Louis,

St.

of

Co.,

Directors,

mortgage
revenue
Court
House bonds. Dated May
1, 1952.
Due on May 1 from 1954 to 1986
inclusive. The bonds are callable.

at

of the

Clerk

April 1—v.

Association,
as

District

O.

County (P.

Bond Offering—John L.

175, p. 1268—were awarded to the

Co., Schwabacher & Co., both of
San
Francisco, Dempsey-Tegeler
&

Castle

Due

High School District
(Tulare County), Calif.
Bond Sale—The $48,000 build¬
on

the

of

annual

an

shing, Bosworth, Dick & Dawson,

York

DELAWARE

Union

ing bonds offered

fice

on

plan.

Principal and
(M-S) payable at the of¬

interest

of Denver.

New

City.

$1,500,000

terest J-J.

Orosi

payable

are

amortization

Wilmington), Del.
of

purchased by Lawson, Levy
Williams, of San
Francisco.
Feb.

bonds

chaser. Legality approved by Per¬

cost

drainage unit No. 1 bonds

Dated

of

Dawson,

&

San

Park, Calif.
issue

at the South
Co., South Nor¬
or

Legality approved by Wood,

King

New

Sale—The

Bond

p.

Savings Asso¬

&

Trust

National

ciation,

offered

bonds

Bank

the

of

posed

Trust

National

Association, of
at a net interest

Menlo

Calif.
$1,250,000 sew¬

31—v.

America

of

Savings

walk.

City,

Trust

Norwalk

of about 3.18%.

City,

disposal-1952

age

&

Francisco,

CALIFORNIA

Bond Sale—The

$10,300 build¬

ing bonds offered on April 1—v.
175, p. 1374—were awarded to the
Bank

York

New

Calif.

Sale—The

Bond

Bond Sale—The issue of

bonds

Bank of the Manhattan Company,

Marina Sch. Dist. (Monterey

ARKANSAS

school

bonds.

May 1
McCreary County Court House and from 1953 to 1977 inclusive. In¬
Public Square Corporation (P. O.
terest M-N. Legality approved by
Whitley City), Ky.
Bond
Offering — Leonard
S. Foley, Cox & Judell, of New Or¬

Stephens,

President of Board of

leans,

1, 1952. Due

on

58

The Commercial and Financial Chronicle

(1486)

Framingham, Mass.

The Baptist Parish School
No. 1 (P. O.

St. John

District

Edgard), La.

Note

Sale—The

tax

000

issue

MICHIGAN

of

$400,notes was

anticipation

Mon- purchased by the Boston Safe De¬
tegut, Secretary of Parish School posit & Trust Co., at 0.87% dis¬
Board, will receive sealed
bids count. Due on Nov. 6 and Nov. 20,
until 11 a.m. (CST) on April 28 1952.
Bond Offering—J. Oswald

Secretary of Board of Education,
will

for the

May 1 from 1953 to 1972 inclu¬
Interest M-N. Legality ap¬

on

sive.

Hanover, Mass.
Bond

Sale—The

bonds

000

was

issue of $540,purchased by Hal/

Stuart & Co., and Kidder,
Peabody & Co., of Boston, joint¬
ly, as 1.70s, at a price of 100.55, a
Thibodaux, La.
basis of about 1.63%. Dated April
Bond Offering — Chas. O. Na1,
1952.
Principal and interest
quin,
City Clerk, will receive
payable
at
the
First
National
sealed bids until 3 p.m. (CST) on
Bank,
of Boston. Legality
ap¬
May 20 for the purchase of $450,proved
by
Storey,
Thorndike,
000 water works and electric light
Palmer & Dodge, of Boston.
revenue utility bonds. Dated July
1, 1952. Due on July 1 from 1954 Massachusetts Housing Authorities
proved by Chapman & Cutler, of
Chicago.

1972 inclusive.

to

turing

bonds

sey,

ma¬

after July 1, 1957 are
J-J.
Legality

on or

callable.

The

Interest

(P. O. Boston), Mass.
Note
Offering—The Chairman
of the

following housing authori¬

approved by Foley, Cox & Judell,

ties will receive sealed bids at the

of New Orleans.

office of the State Housing

*

Webster Parish Sch. Dist. No. 6

(P. O. Minden), La.
Bond Sale—The $800,000
bonds offered
p.

school

April 1—v. 175,

on

1169—were awarded to a syn¬

dicate composed of Barrow, Leary
6 Co., of Shreveport, Scharff &

Jones, of New Orleans, Equitable
Securities Corporation, and How¬
ard, Weil, Labouisse, Freidrichs &
Co., of New Orleans, at a price of
100.005,
a
net interest cost of
about 2.37%, as follows:

$265,000 2s.
1953

to

Due

1961

to

on

on

follows:

$1,075,000

Braintree,

series

notes.

Me.

1953.

until 4 p.m.

(EST)
purchase of

on

April

$350,000

Merchants National Bank, Boston.

Legality

approved
by
Storey,
Thorndike, Palmer & Dodge, of

Boston.
Le wist on,

Sale—The

offered

Me.

$800,000 notes
31—v. 175, p.

March

on

1377—were awarded to theSecond

National

1.08%.
and

Bank,

Due

Dec.

of

Boston,

Oct.

on

3

and

at

Nov.

3, 1952.

Rockland, Me.
Bond Offering — Frederick D.

Farnsworth,
receive

City

sealed

(EST)

on

chase

Manager,

bids

series

11

until

for the

300,000

notes.

Due

Millbury,

series

from

1953

to

Jan.

on

29,

notes.

200-1,

Due

fourth
Jan.

on

29,

pur¬

inclusive.

1967

Principal and interest payable at
the First National Bank, of Bos¬
ton. Legality approved by Storey,
Thorndike, Palmer & Dodge, of

notes.

200-1,
Due

1953

Due

July 28,

on

Note Offering—Daniel M. Dris-

bids

April

will

receive

(EST) on
for the purchase of $5,-

7

000,000
1952.

until

notes.

Due

on

noon

Dated

April
Nov. 5, 1952.

thorities, and Caldwell, Marshall,
Trimble & Mitchell, of New York
City, for the Millbury, Spring¬
field and Winthrop
Housing Au-*
thorities.
Middlesex County
East

Note

Sale—The

offered

(P. O.

Cambridge), Mass.
$300,000

March

on

1377—were

28—v.

awarded

to

notes

175,
the

p.

fol¬

awarded

$150,000 at
Safe

Shawmut

1.04%

Bank,

the

of

0.88%

to

the

Boston
Co.

150,000 at 0.88% to the NewtonWaltham Bank

&

Trust

Co.,

National

Boston,

at

Trust

by

Co.,

the
of

discount. Due

Norfolk

County

Dedham, 'at 0.87%
Oct.

on

Sale

March

—

awarded

to

The

175,

the

offered
p.

on

1069—were

tional

Merchants

discount. Due

000

on

Nov.

Sale—The

tax

20, 1952.

offered

on

awarded

Shawmut

$1,000,000

Bank,

to

of

the

p.

notes

1377

National

Boston,

1.05% discount.




at

ing bonds offered
175,

v.

the

Paddock

&

Stone,

p.

First

March

on

1269—were

27—

awarded

the

were

$180,000

1378.

p.

MISSOURI

Joseph

Sch.

Offering

Dist.,

—

R.

Mo.

V.

Blom-

field, Secretary of Board of Edu¬
cation, will receive sealed bids

build¬
to

until 7:30 p.m. (CST) on April 21
the
purchase
of
$1,900,000

for

building
1952.

bonds.

Due

Dated
May
1,
May 1 from 1955 to

on

National

of $30,000

2.70s. Due on March
from 1955 to 1969 inclusive.

Note Offering

—

30,000

Secretary of Board of Education,
receive

sealed

bids

until

Dec.

interest

31, 1952. Principal and
(J-D) payable at a place

desired

by

the

purchaser

and

awarded to

syndicate composed

a

Glore,

1
.

Hoffman), Minn.
Bond Offering

—
Irene Shauer,
District Clerk, will receive sealed
bids
until
2:30
p.m.
(CST)
on

April 10 for the purchase of $325,000 building bonds. Dated
April 1,
1952.

Due on April 1 from 1955 to
inclusive. The bonds matur¬

1982

ing

April 1, 1972 and thereafter

on

callable.

are

school

Legality approved
by Dorsey, Colman, Barker, Scott
& Barber, of
Minneapolis.

to

Sal e—The

bonds

175,

—v.

March

on

1979 inclusive.

Counties Joint Indep. Con.
Sch. Dist. No. 42
(P. O.

a.m.

on

Due

Bond

1

Grant, Douglas and Stevens

11

(EST) on April 10 for the
purchase of $200,000 tax anticipa¬
tion notes. Dated May 1, 1952. Due

2.90s.

from 1970 to

L. J. McCully,

p.

.$3,350,000
April 1
1270—were awarded
offered

on

a

syndicate

composed

First

Securities

Company of Chi¬

of

the

cago;
First National
Bank, 'of
Portland; A. M. Kidder & Co.,
Gregory & Son, both of New York
City; California Bank, of Los An¬
geles; Rockland - Atlas National
Bank, of Boston; F. S. Yantis &
Co., of Chicago; Freeman & Co.,
Gordon
Graves
&
Co., both of
New York City; Wurts, Dulles &
Co., of Philadelphia; Peoples Na¬
tional
Bank, of
Charlottesville;
Shannon & Co., of Detroit; Taylor
& Co., of Beverly Hills, and Prescott, Wright, Snider Co., of Kan¬
sas City, at a price of
100.10, a net

&

from 1960 to 1967 inclusive.

;

160,000 iy2s. Due

Flint,

on

Mich.

issue

anticipation

of

$300,-

notes

was

Sale—The $200,000 bonds

Bond

Sale

—

The

$25,000

equipment bonds offered

Bond Offering—Robert G. Loef-

fler, City Clerk, will receive seal¬
ed bids until 8 p.m.
(EST) on
April 10 for the purchase of $556,000
street
improvement special
assessment, series 1952-A bonds.
Dated April 1, 1952. Due on Feb.

1—v.

to

175,

the

on

April

1269—were awarded

First

Hopkins,
100.11,

p.

National

April 1—v. 175,

awarded

Waltham

Waltham,
a

Bank
as

to

&

iy2s,

the

Trust

at

a

p.

1377

Newton-

Co.,

of

price

of

basis of about 1.45%.

NEBRASKA
Omaha Public Power

Dist.

(P. O.

Omaha), Neb.

of

Bank,

as 2.10s, at a price
basis of about 2.08%.

a

par.

fire

Bond Sale—The

of

tric

$17,000,000 elec¬

revenue-1952

bonds

offered

April 2—v. 175, p. 1270—were
awarded to a syndicate composed

on

Martin
No.

County Indep. Sch.

17

Dist.

(P. O. Truman), Minn.

of

The

First

&

Co.,

Smith,

Boston

Corp., Blyth
Barney & Co., all
maturing in 1957 are call¬
City; Harriman Rip¬
able.
Interest F-A.
April 18 ley & Co., Inc., Lehman Brothers,
Legality ap¬
proved by Berry, Stevens, Bar¬ for the purchase of $210,000 build¬ Kidder, Peabody & Co., B. J. Van
bier, Evely & MacFarlane, of De¬ ing bonds. Dated April 1, 1952. Ingen & Co., Phelps, Fenn & Co.,
Bond

1957 inclusive. The

Offering

The

District

Clerk will receive sealed bids
til 1:30 p.m. (CST) on

Due

troit.

Rapids, Mich.

Bond Offering—R. Stanton Kil-

patrick,
until
for

—

on

3

will

receive

(EST)
purchase

p.m.

the

sealed
on

bids

April

of

14

$335,000

special assessment bonds,

as

fol¬

improvement, first

sewer

un¬

of New York

April 1 from 1955 to 1975

Stone & Webster Securities
Corp.,
Securities
maturing in Union
Corp.,
Paine,
1970 to 1975 are callable.
Webber, Jackson & Curtis, Mer¬
rill
Lynch,
Pierce,
Fenner • &
St. Louis Park
Indep.
Beane, all of New York City;
Sch. Dist., Minn.
Weeden & Co., of San
Francisco;
Bond Sale—The
$575,000 build¬ F. S. Moseley &
Co., Hemphill,
ing bonds offered on March 26—
Noyes, Graham, Parsons & Co.,
v.
The bonds

175, p. 1269—were awarded to
syndicate composed of Kalman

a

Coffin

&

Burr,

all of

New

York

City; Harris, Hall & Co., Bacon,
Moody, both of Stevenson & Co., Laurence M.
April 1 from 1953 to 1957 in¬ St. Paul, and McDougal & Con¬ Marks & Co.,
Shearson, Hammill
xion, of Chicago, at a price of &
clusive.
Co., all of New York City;'J. C.
195,000 street improvement, first 100.01, a net interest cost of about Bradford
&
Co.,
of
Nashville;
bonds.

Due

on

series-1952

bonds.

Due

on

April 1 from 1953 to 1957 in¬

&

2.76%,

the office of the

follows:

Miller, Canfield,
Stone, of Detroit.
Oak

Sch.

Paddock

Dist.,

Jan.

1 from

inclusive.

on Jan. 1 from
1965 to 1974 inclusive.

MISSISSIPPI

or

by

Barr Brothers &
on

415,000 2.80s. Due

City

at the office of such
fiscal agent as the City Commis¬
sion appoints. Legality
approved

Royal

as

&

1955 to 1962

bonds are dated April 1,
Principal and interest (A-O)

Treasurer,

Juran

$160,000 21/2s. Due

clusive.

payable at

Co.,

"

Holmes

County, Coxburg Con.

School District

&

(P.

O.

Bond

Offering

—

Parham

Williams, Clerk of Board of
pervisors, will receive sealed

Mich.

Bond

bonds.

until 8 p.m.
eral

(EST) on April 9 for
purchase of $1,000,000 gen¬

building

bonds.

and

site,

series

2

Dated May 1, 1952. Due on
Dec. 1 from 1954 to 1967 inclusive.

Donald-Moore
John

&

Co., of Detroit;
&
Co.,of

Douglas

Omaha,

at

H.

interest

cost

follows:

bids

Due from 1953 to 1972 incl.

Forest,

of
Philadelphia; John Small &
Co., of New York City; Kirkpetrick-Pettis Co., of Omaha;
Burns,
Corbett & Pickard, Inc.,
Mullaney,
Wells & Co., both of
Chicago; Mc¬

Su¬

Offering — Olin H. Wyuntil 11 a.m.
(CST) on April 7
Secretary of Board of Edu¬
for the purchase of
$20,000 school
cation, will receive sealed bids

the

Co., of New York
City; the Illinois Company/' of
Chicago; Arthur L. Wright & Co.,

and

Lexington), Miss.

man,
on

—were

100.28,

314s, at

Hopkins, Minn.

April 1, 1968.

The

ty Trust Co., of Taunton, at 0.94%

offered

April 1—v. 175,

April 1—v. 175,

on

St.

$60,000

There

—

for

natural gas revenue bonds offered

on

Canfield,

1952.

purchased by the Worcester Coun¬

Bond

—were

of

Sale—The

Sold

received

Bond

Road, South St. Paul), Minn.
Bond

Not

bids

MINNESOTA

Detroit.

Na¬

1.41%.

Fall River, Mass.

175, p. 1377—were awarded to
McDonald-Moore & Co., of De¬
troit, as 3s, at par.

Bonds
no

Bank, of St. 1972 inclusive. Principal and in¬
April 1 from 1953 to 1964 Paul, and the First National Bank, terest payable at the
Guaranty
The bonds maturing in of Minneapolis, jointly, at a price Trust
Company, New York City.
1961 to 1964 are callable. Interest of 100.36, a net interest cost of
St. Louis Sch. Dist., Mo.
A-O. Legality approved by Miller, about 2.81%, as follows:
Due

Bank, of Boston, at 0.93%

Ripley & Co., Inc., and Estadiscount. Due on Nov. 14, 1952.
brook & Co., of
Boston, jointly,
as
l%s, at a price of 102.09, a
Waltham, Mass.

Note Sale—The

cost

Dated April 1, 1952.

Saunders & Co.,
Memphis. Dated March 1, 1952.

inclusive.

$140,000

$500,000 tax

notes

28—v.

Note

man

about

net interest

a

about 2.54%.

Mississippi
Bond Sale—The issue of $25,000
road and bridge bonds was pur¬

Raleigh, Miss.

v.

by

the Walter J. Wade, Inc., of Grand

County Supervisors Dist.
(P. O. Holly Springs),

3

chased by M. A.

Road, Saginaw), Mich.
Sale—The $45,000 build¬
ing bonds offered on March 31—

$35,000

purchased

was

No.

of

Dakota County Indep. Sch. Dist.
No. 3 (P. O. Salem Church

lows:

24, 1952.

Southbridge, Mass.

Dedham, Mass.

of

bonds

Marshall

7

Bond

Creek),

Bond Sale—The issue of

Rapids, at

'

Saginaw Township Sch. Dist. No.
(P. O. 4435 W. Tittabawassee

inclusive.

pur¬

chased

discount.

Sale—The $340,000 school
bonds offered on April 1—v.
175,
p. 1377—were awarded to Harri-

bier, Evely & MacFarlane, of De¬
troit.

Michigan

Grand

Note Sale—The issue of
$400,000
tax anticipation notes was

Note

Bond

basis

Box 319 Battle

school

to

and

7,

bonds

Deposit & Trust

anticipation

$275,000 Tuber¬

to

O. Route No.

Monday, April 7, 1952

.

Legality

Township Sch. Dist.

(P.

1 from 1953 to

lowing:

on

were

4

series-1952

Hospital loan notes of¬
April 1—v. 175, p.1377—

fered

No.

1964

.

Forgan & Co., White,
interest cost of about 1.56%, as
Co., of New York City,
Hennepin and Carver Counties,
follows:
Minnetonka Indep. Sch. Dist.
875,000 Winthrop,
200-1,
fifth Bacon, Whipple & Co., of Chicago,
$264,000 6s. Due on Feb. 1 1953
First Securities Company of Chi¬
series notes. Due on
No. 7 (P.O.
July 28,
Excelsior), Minn.
sncl 1954
1953.
cago, Coffin & Burr, of New York
Bond Offering—W. T.
Frommes,
2,475,000 T4s.
Due on Feb. 1
City, Raffensperger, Hughes & District
Group D
Clerk, will receive sealed
from 1955 to 1971 inclusive.
2,700,000 Springfield, 200-2, third Co., of Indianapolis, and Watling, bids until 8 p.m. (CST) on April
611,000 l%s. Due on Feb. 1, 1972.
Lerchen & Co., of Detroit, at a
series notes. Due on Jan.
17 for the purchase of
29,
$388,000
price of 100.02, a net interest cost
1953.
building bonds.
Dated
MONTANA
May
1,
of about 1.76%, as follows:
1952. Due on Jan. and
The notes are dated April
July 1 from
24,
Joliet, Mont.
$490,000 3s. Due on April 1 from 1953 to 1972 inclusive.
1952. Legality approved
Principal
by Sulli¬
1953 to 1956 inclusive.
and
Bond Sale—The $64,000 sewer
interest payable at a bank
van, Donovan, Heenehan & Han400,000 IV2S. Due on April 1 from desired by the purchaser. Legality system bonds offered on March
rahan, of New York City, for the
1957 to 1959 inclusive.
approved by Faegre & Benson, of 31—v. 175, p. 1170—were awarded
Braintree, Gloucester, Newbury¬
to the State Board of Lands, as
1,200,000 l%s. Due on April 1 Minneapolis.
port and Somerville Housing Au¬

Somerville, Mass.

County (P. O.
Taunton), Mass.

culosis

Battle Creek

Weld

10,

Bristol

Note Sale—The

Le¬

Detroit.

of

Group C

Milton, Mass.

Boston, Mass.

sealed

M-N.

building and site bonds offered on
April
3—v.
175, p. 1170—were

series

29

MASSACHUSETTS

Clerk,

1968

Benton Harbor Sch. Dist., Mich.
Bond
Sale — The
$2,250,000

Newburyport,

fourth

Waltham.

City

Interest

to

on

470,000

Boston.

coll,

1964

agreeable to the District.

Group B

noon

$45,000 sewer bonds.
Dated April 1, 1952. Due on April
1

in

gality approved by Berry, Stevens,
Barbier, Evely & McFarlane, of

will

1953.

will

of

April

29,

v

1953.

notes. Dated April 8, 1952. Due on
March 1,
1953. Payable at the

Note

maturing

callable.

are

fifth

Jan.

on

1,850,000 Gloucester, 200-1, fifth

Jan.

Allen,
City Manager, will receive sealed
the

1 from 1954 to 1968 inclusive. The

bonds

in

Principal

on

2,800,000 Somerville, 200-2,fourth

April 1 from

Note Offering—Bernal B.

for

200-1,

Due

series notes.

7

8

maturing

callable.

are

approved by Berry, Stevens, Bar¬

Bay City Sch. Dist., Mich.

1953.

MAINE

bids

(EST)

bonds

1967

interest (J-D) payable at the De¬
troit Trust Co., Detroit.

%

1972 inclusive,

Auburn,

until

bids

sealed

April 8 for the
purchase of $200,000 school bonds.
Dated April 1, 1952. Due on May

Group A

April 1 from

1965 inclusive.

335,000 2V2s. Due
to

as

1960 inclusive.

200,000 2y4s. Due

1966

Board,
90 Tremont Street, Boston, until
11
a.m.
(EST) on April 10 for
the purchase of $10,070,000 State
Guaranteed temporary loan notes,

April 1 from

on

receive

p.m.

purchase of $300,000 school
bonds.
Dated May 1, 1952.
Due

The

Barry Township Unit Sch. Dist.
(P. O. Delton), Mich.
Bond Offering—M. G. Reynolds,

.

Miss.

Bond Sale—The issue of
$30,000
recreational bonds have been sold.
Due from 1953 to 1967
inclusive.

price

a

of

$1,200,000 4s.
1954 to

2,200,000
from

Due

1957

l%s.
1958

2,400,000 2s.
1965 to

on

a

net

2.11%,

as

Feb. 1 from

Due

on

1964

Due

11,200,000 2%s.

par,

inclusive.

to

1971

of

about

on

Feb.

1

inclusive.

Feb. 1

from

inclusive.

Due on Feb.
from 1972 to 1982 inclusive.

1

Number 5105

175

Volume

.

.

The Commercial and Financial Chronicle

.

(1487)

HAMPSHIRE

NEW

Harrison
Bond

Laconia, N. H.

Offering

Bond

The

—

$40,000

public improvement bonds offered
on April 2—v.
175, p. 1378—were
awarded

of

Bank,

the

to

Second

Boston,

100.15,

price of

National

IV4S,

as

at

$35,000 equipment-1952 bonds offered on April
-v.
175, p. 1270—were awarded
to Rye National Bank, of Rye, as
iy2s, at

Bond

Offering—Albert C. Wol-

ceive

bids

sealed

(EST)

April

on

chase

of

bonds.

Dated

until

9

$14,250

April

inclusive.

8

p.m.

the

for

fire

pur-

apparatus

April

15,

from

1953

15

Principal

re¬

1952. Due
1961

to

interest

and

'

(A-O)

payable

tional

'approved

First

the

at

Na¬

Eatontown.

Bank,

by

Legality
Pillsbury;

Roberts,

'Carton & Sorenson, of Eatontown.
Franklin

-Hanauer

April 2—v. 175,

on

1270—were

awarded

to

J.

B.

&

2.60s, at

Co., of Newark, as
price of 100.37, a basis

a

of about 2.55%.

Magnolia Sch. Dist., N. J.
Bond

-

•

District

ceive

sealed

(EST)

on

of

M.

will

until

re¬

8

p.m.

April 8 for the purchase
school bonds. Dated

$90,000

'Dec. 1,
•

Clerk,

bids

1952

1951. Due

to

and interest

First

Camden

Co.,

National

Camden.

Bank

Legality

Hawkins,

by

Principal

(J-D) payable at the

Trust

proved

Dec. 1 from

on

inclusive.

1970

&
ap¬

Delafield

&

Wood, of New York City.
Ocean County

Bond

(P. O. Toms River),
Jersey

Offering

James

—

Al-

K.

lardice, Clerk of Board of Chosen
-Freeholders, will receive sealed
bids until 11

a.m. (EST) on Apr. 16
purchase of $125,000 gen¬

.for the
eral
Dated
•

improvement,
1952
bonds
March
1,
1952.
Due on

March

from

1

1953

1958 inclu¬

to

sive.

Principal and interest (M-S)
-payable
at
the
First
Nationa
.

Bank,

Toms

) proved

River.

by

Legality

>

Caldwell,

purchase of

ap-

Marshall

sive.

Township

(P. O.

New

Bond
,

,

.

,

sealed

(EST)
chase
and

on

of

bids

April

building
1967

Principal and interest

payable

Hillsdale

Hoyt

pur-

Principal

National

and
the

at

Bank,

Hills-

approved by Reed,

& Washburn, of New York

City.
NEW

water, Sykes, Heckler &
of New York City.
HUnion

YORK

Kirkwood Central Sch. Dist.

son), N.
Bond

mr

Milton

No.

1

York

Offering

Buzby,. District
'

;

ceive

(EST)
of

Dist.

(P. O. Grand Island),
New

Bond

Sch.

sealed
on

—

Clerk,^Vjll

bids

until

re-

3:3(Kj).m.

$1,200,000

school-1952

1

from

1953

to

1979

-Principal and interest (A-O)
able at the Marine Trust

£

of

Western

New

Legality

approved

Delafield

&

York,
by

pay¬

Company
Buffalo.
Hawkins,

Wood, of New York

City.




pur¬

school-1952

1, 1952. Due
1972

to

Bank,

at

the

Red

First

on

inclu¬

sive. Principal and interest

payable

Bond

p.m.

(F-A)

National

main

a

—

The

$27,650 water

31—v.

175,

Corp., of Cleveland, as 2y2s,
price of 100.82, a basis of

about

Junius,

Fayette,

Tyre,

ler,

1

N.

(P. O.
Y.

Offering—Elizabeth Tel¬

District

Clerk,

will

and Nov.

un¬

April 24 for the

on

1 from

1953

to 1972

incluusive.

20,000 fire truck bonds. Due
May and Nov. 1 from 1953

on

to

1962 inclusive.

2.35%.

The

Hook.

Seneca Falls and Galen Central

(EST)

$130,000 fire truck and equipment
building bonds. Due on May

1171—

p.

Legality ap¬
Brookville, Ohio
proved
by
Vandewater,
Sykes,
Bond
Offering — Chester R
Heckler & Galloway, of New York
Bloom, Village Clerk, will receive
City.
sealed bids until noon
Waterloo,

noon

lows:

awarded to the First Cleve¬

were

land

tees, will receive sealed bids

improvement bonds offered

March

on

at

Sale

Sickles,

purchase of $150,000 bonds, as fol¬

Brecksville, Ohio

re¬

3

Bond Offering—Blanche

Clerk of Board of Township Trus¬
til

OHIO

the

for

1953

1952.

bonds

are

dated

May

1,

Interest M-N.

Springfield, Ohio
Bond

Offering — Herbert R.
(EST) on Peck, City Auditor, will receive
April 18 for the purchase of $25,- sealed bids until noon (EST) on
000
Fire
Department
Building April 17 for the purchase' of $3,bonds. Dated April 1, 1952. Due on
500,000 sewer bonds. Dated March
Oct. 1 from 1953 to 1964 inclusive
1, 1952. Due on Sept. 1, 1953 to
Principal and interest (A-O) pay¬ March 1, 1978 inclusive. Principal
able

at

the

Brookville

National

receive

p.m.

March

on

and interest

(M-S) payable at the

National City Bank, of New York

City. Legality approved by Squire,
Sanders & Dempsey, of Cleveland.
Steubenville, Ohio
Bond Sale

The $24,000 street.,
special assessment

—

improvement,
bonds offered

on

from

1

,

——

,

awarded

Sch.

Con.

Dist.

Bond

(P. O. Rock City Falls),

Sale

Hall-1951

York

—

The

$20,000

bonds offered

at

his

on

office

Town

Apr. 1

in

Ra¬

Bond Sale
The $125,000 water
ing bonds offered on April 1—v.
leigh,
until
11
a.m.
(EST)
on
1379—were awarded to works bonds offered on March 21
April 8 for the purchase of $160,- 175, p.
—v.
175, p. 1172—were awarded
000 water bonds.
Dated May 1, Halsey, Stuart & Co., as 2s, at a
to J. A. White & Co., of Cincin¬
1952.
Due on May 1 from 1956 price of 101.18, a basis of about
nati, as 2V2S, at a price of 101.96, a
1.88%.
to
1990 inclusive.
Interest M-N.
—

No.

7

(P. O. Montgomery),
New

2—v.

York

Sale—The

ing-1951

bonds

175,

(

$62,000

offered

build-!
April

on

1378—were awarded

p.

Co., of New York

City,

price of 100.43,

2s, at

as

a

New

York

State

Thruway Author¬

Note

sealed

Sale—The

issue of $60,State-guaranteed
notes
purchased
by
a
syndicate

000,000
was

composed

of

the

Chase

National

Bank, National City Bank, Guar¬
anty
Trust
Co.,
Manufacturers
Trust

Co.,

Bankers

Trust

Co.,
Chemical Bank & Trust Co., the
Hanover Bank, Irving Trust Co.,
of

Trust

Bank

the

Trust

J.

P.

New

Morgan

&

Co., Inc.,
Bank of

Avenue

Trust Co.,

City,

Bank

&

Bank,

& Fifth

Midland

both

New

Co., Corn Exchange
Co., First National

National

York

Bank,

Manhattan Co.,

ment

Bank,
all of

National Com¬
Co., State

Trust

of Albany, Manufac¬

31, 1952.

Due

on

Sept. 30.

1953.

Onondaga Common Sch. Dist. No. 6
(P. O.
Bond
000

Sale—The

issue of

building-1952 bonds

chased

by

York

facturers

•of

Onondaga), N.

Traders

jointly,

Trust

2.20s, at a
price of 100.56, a basis of about
2.15%. Dated April 1, 1952. Due
on April 1
from 1953 to 1982 in¬
clusive.

(A-O)

for

as

Principal
and
interest
payable at the First Trust

office

receive
in

Ra¬

bonds

cancelled

due

to

advertising.

The

bonds

was

in

error

will be

an

reoffe*red.

Jackson

incl. Principal and interest to J. A. White
& Co., of Cincin¬
(A-O) payable in New York City, nati, as 2x/2s, at a price of
102.14,
or
in Rocky Mount. Legality ap¬ a basis of about
2.26%.
proved by Reed, Hoyt & Wash¬
Loveland, Ohio
burn, of New York City.
Bond Sale
The $10,000 fire
Salisbury, N. C.
equipment
bonds
offered
on
Bond Offering — W. E. Easter- March 26—v.
175, p. 1171—were
1980

—

ling, Secretary of Local Govern¬

awarded to

ment

& Co., of

Commission,

sealed

bids

leigh,

until

at

will

his

11

office

receive
in

Raffensperger, Hughes
Indianapolis, as 23/4S.

Madison

Sch.

Local

Dist.,

a.m.

Bond

Offering—Evelyn

Ohio

Miller,

District Clerk, will receive sealed

bids until noon (EST) on April 16
May for the
purchase of $800,000 build¬
1 from 1955 to 1977 inclusive.
ing bonds. Dated May 1, 1952. Due
147,000
sanitary sewer
bonds. on
May and Nov. 1 from 1953 to
Due on May 1 from 1955 to
1972 inclusive.

$653,000 water bonds. Due

on

Principal

1973 inclusive.

bonds
are
dated
May 1,
Principal and interest (M-N)
payable in New York City. Le¬
gality approved by Reed, Hoyt &
Washburn, of New York City.

Scotland County

(P. O. Laurinburg), N. C.
—

W. E. Easter-

ling, Secretary of Local Govern¬
ment

sealed

Commission,
bids

at

leigh, until 11
8

for

the

his

a.m.

'

Bond Offering—George Paxton
Superintendent of Schools, wil
receive

(CST)
of

will
office

(EST)

Cleveland County Indep. Sch. Dist.
No. 20

Offering—Mary Jo Spradlin, Clerk of Board of Education,
will

receive

purchase

of

sealed

until

bids

April 15 for the purchase of $62,000

building bonds.

Kingfisher County Indep. Sch. Dist.
No. 3 (P. O. Omega), Okla.
Offering

—

Robert

Bern¬

hardt, Clerk of Board of Educa¬
tion, will receive sealed bids un¬
til

10

the

a.m.
(CST) on April 8 for
purchase of $65,000 building

bonds. Due from 1954 to 1962 incl.

Oklahoma

County Dependent

School District No. 61 (P. O.
Oklahoma

City), Okla.
—
Lloyd Pulis,

receive sealed bids until 7:30 p.m.

Bond

Bank,

(CST)
Marion,
Bond

Offering

City Auditor,
bids until

age

Elmer

to

1976

Shaw,

(EST)

interest

National

Due

on

on

April 21
sew¬

Dec. 15 from

inclusive.

(J-J)

Principal

payable at the

City Bank, Marion.

Le¬

$550,000 gality approved by Squire, Sand¬
ers

&

on

April 8 for the purchase
building and equipment

sealed

disposal system bonds. Dated

Jan. 15, 1952.

Offering

of $17,000

receive

—

will

noon

Ohio

for the purchase of $600,000

and

school building bonds. Dated May

(P. O. Norman), Okla~

Bond

Dempsey, of Cleveland.

in

Ra¬

p.m.

Clerk of Board of Education, will

1953

April

8

$49,500 building and furniture

in¬

and

until

bids

April 8 for the purchase

(M-N) payable at the Citi¬
of Madison. Legality
approved by Squire, Sanders &

zens

receive

on

sealed
on

bonds.

terest

The

1.952.

Bond Offering

Beckham County Indep. Sch. Dist.
No. IS (P. O. Sayre), Okla.

Bond

Ra¬

(EST)
on
April 8 for the purchase of $800,000 bonds, as follows:

OKLAHOMA

sale

improvement

the

pur¬

Co.,

will

his

Cancelled—The

street

—

$285,-

was

at

Sale

$50,000

Township Local Sch. Dist.
a.m.. (EST) on April
(P. O. Campbellstown), Ohio
purchase if $1,250,000
Bond Sale
The $120,000 im¬
building bonds. Dated April 1, provement bonds offered on Mar.
1952. Due on April 1 from 1953 to
28—v. 175, p. 1271—were awarded

Roosevelt & Cross, of
City, and the Manu¬

and

Buffalo,

Y.

bids

Bond

leigh, until 11
8

turers and Traders Trust Co., of
Buffalo, United States Trust Co.,
of New York City, and the Marine
Trust Company of Western New

March

Commission

Hubbard, Ohio
of

Rocky Mount, N. C.
Bond Offering—W. E.
Easterling, Secretary of Local Govern¬

ity (P. O. Albany), N. Y.

basis of about 2.32%.

Legality approved by Mitchell &
Pershing, of New York City.

a

basis of about 1.94%.

bonds.

inclusive.

from

1

Bond

Montgomery Union Free Sch. Dist.

New
<

New

Bond Sale—The $30,000 build¬
$320,000
street
improvement
ing bonds offered on March 29—
bonds. Due on Oct.
1 from
v.
175, p. 1271—were awarded to
—v.
175, p. 1270—were awarded
1953 to 1957 inclusive.
the Bank of Corning, as
Bond Offering—Frances Emigh, to the
23/4S, at
Union National
Bank, of
115,000
street
improvement
District Clerk, will receive sealed
Franklinville, as 2y2s, at a price par.
bonds. Due on Oct.
1 from
bids until 2 p.m. (EST) on April of
100.62, a basis of about 2.38%.
1953 to 1962 inclusive.
Geneva Local Sch. Dist., Ohio
10
for
the
purchase of $70,000
The bonds are dated
Bond Sale—The $20,000 build¬
May 1,
NORTH CAROLINA
school building, 1951 bonds. Dated
ing bonds offered on March 27— 1952. Principal and interest (A-O)
Dec. 1, 1951. Due on Dec. 1 from
Gaston County, Catawba
Heights v. 175, p. 1171—were awarded to payable at the Chemical Bank &
1952 to 1966 inclusive. Principal
Sanitary District (P. O.
Hayden, Miller & Co., of Cleve¬ Trust Co., New York City, or at
and interest (J-D) payable at the
Gastonia), N. C.
land, as 23/4s, at a price of 100.69. the Ohio Citizens Trust Co., To¬
Ballston Spa National Bank, Ballledo. Legality approved by Peck,
Bond Offering — W. E. Easter- a basis of about 2.68%.
ston
Spa. Legality approved by
Shaffer & Williams, of Cincinnati.
ling, Secretary of Local Govern¬
Hamilton City Sch. Dist., Ohio
Vandewater, Sykes,
Heckler
& ment
Commission, will receive
Wellington, Ohio
Galloway, of New York City.
Bond Sale—The $100,000 build¬
sealed bids

April 9 for the purchase

Dated April 1, 1952. Due on April

8

$220,900

Waterloo),

York, of Buffalo, at 1.10%. Dated

I^chard G.

in

William

until

School District No.

mr,c>

Common

No. 5

mercial

Central

April

bonds. Due

ij/r

Marine

Grand Island

payable

City. Legality approved by
Mitchell & Pershing, of New York

1953 to 1981 inclusive.

$28,000 school
buses-1952 bonds offered on April
175,,p. 1270—were awarded
to
the
City National Bank, of
Binghamton, as l%s.

Feb.

of about 2.53%.

2—v.

j

bids

Rossford),

April 1—v. 175,
April 16 for the purchase of $192,- p. 1379 — were awarded to Ryan,
342.75 street improvement, series Sutherland &
Co., of Toledo, as 2s,
Ithaca City Sch. Dist., N. Y.
No. 232 bonds. Dated May 1, 1952. at a
The bonds are dated March
price of 100.56, a basis of
1,
Bond Sale—The $100,000 schoolDue on Nov. 1 from 1953 to 1962 about
1952. Principal and interest
1.90%.
(M-S)
1952 bonds offered on March 31
inclusive. Principal and interest
payable
at
the
First
National
Toledo, Ohio
(M-N) payable at the office of the
t
P;
twere
Legality apto V+u
the Marine Trust Company of Bank, of Waterloo.
Bond Offering — Rudy Klein,
City Treasurer. Legality approved
proved
by
Vandewater,
Sykes,
Western New York,
Buffalo, as Heckler
by Squire, Sanders & Dempsey, of City Auditor, will receive sealed
&
Galloway, of
New
bids until noon (EST) on April 22
Cleveland.
1.20s, at a price of 100.09, a basis York
City.
of about 1.18%.
for the purchase of $435,000 bonds,
Corning Local Sch. Dist., Ohio
Yorkshire (P. O. Yorkshire), N. Y.
as follows:
basis

New York

Sale—The

(M-N)

City.

Clerk, will

bonds. Dated Feb.

Dist.

build-

May 1 from 1954 Ross Township (P. O.
Principal and
Ohio

on

inclusive.

Bank, Brookville.
Legality ap¬
(EST) on
ing-1952 bonds offered on April 1
proved
by
Squire,
Sanders
&
April 10 for the purchase of $800,v.
175, p. 1171—were awarded
Dempsey, of Cleveland.
to a syndicate composed of Geo. 000 serial-1952 bonds, as follows:
Columbus, Ohio
B. Gibbons & Co., Inc., Chas. E. $30,000
construction, series A
bonds. Due on March 1 from
Bond Offering — Agnes Brown
Weigold & Co., and B. J. Van
1953 to 1961 inclusive.
Ingen & Co., all of New York
Cain,
City Clerk,
will receive
City, as 2.60s, at a price of 100.80,
720,000 construction, series B sealed bids until noon (EST) on

Public

Y.

of

H.

—

sealed bids until 2

Bank,

(P. O. Port Dickin¬

on

(P. O. Wantagh), N. Y.

Bank

Dickinson, Fenton, Chenango and

sealed

(EST)

Gallo¬

Free Sch.

Sale—The $650,000

York

No. 1

(J-J)
States

District

chase

way,

Dated Apri

payable

United

the

at

Company, of
New
York
City. Legality approved by Vande-

apparatus

April 1 from 1953

(A-O)

1982 inclu¬

p.m

the

for

build¬

to R. D. White &

Grace

8:15

fire

bonds.

on

dale. Legality
.

8

inclusive.

interest

,

until

$38,000

1, 1952. Due
to

,

-

Mrs.

—

Fletcher, Township Clerk, will re¬
ceive

j

Jersey

Offering

for

Trust

Bond

Washington

un¬

9

$2,400,000

Jan. 1 from 1953 to

City.

Box 38, R. F. D., Westwood),

April

on

ing bonds. Dated Jan. 1, 1952. Due
on

Trimble & Mitchell, of New York
,

(EST)

New

New
,

the

a

Offering—James

Stewart,

Denton Building, Mineola,
noon

Bond

Sale—The $200,000 school

bonds offered
p.

ceive

No. 23

(P. O. lona), N. J.
Bond

Offering—Helen M. Lipp,

til

Sch. Dist.

Township

Kessler,

ne,

1978

interest

1, N. Y.

Offering

(P. O. Levittown), N. Y.

and

School

Central

District No.
Bond

District Clerk, will receive sealed
bids at the office of John H. Bor¬

cott, Borough Treasurer, will

}

Clermont

Bond

Eatontown, N. J.

on

Red Hook, Milan Rhineheck

Hempstead Union Free Sch. Dist.

1, 1952. Due
to

York

No. 5

NEW JERSEY

Vandewater, Sykes,
Galloway, of New York

City.

basis

a

by

Heckler &

of about 1.48%.

1.20%.

•

price of 100.05,

a

Co., Syracuse. Legality

approved

a

basis of about

a

& Deposit

(P. O. Harrison), N. Y.

Sale—The

59

Dempsey, of Cleveland.

bonds. Due from 1955 to 1962 incl.

Stephens County Indep. Sch. Dist.
No. 34 (P. O. Marlow), Okla.
Bond Offering — L. F. Cooper,
Clerk of Board of Education,

will

receive sealed bids until 7:30 p.m.

(CST) on April 3 for the purchase
$20,000 building bonds. Due

of

from 1954 to 1962 inclusive. These
bonds
umn

were

at

a

mentioned in

previous date.

our

col¬

m

The Commercial and Financial Chronicle

(1488)

SOUTH

County Indep. Sch. Dist.

Texas

Bond Offering:

—

Sioux

on

of

chase

Sept.

on

will

Bond

10 for the pur¬
$15,000 building bonds.
April

Thie in 1955.

Sch.

Indep.

South

receive sealed bids until 7:30 p.m.

(CST)

Falls

J. A. Roberts,

Clerk of Board of Education,

DAKOTA

Sept.

Dakota

$1,000,000
April 2
175, p. 1271—were awarded
syndicate composed of the

—v.
a

1958,

1,

maturing on

thereafter are

and

on

Continental Illinois National Bank

Principal and interest
payable at the Hamilton
Bank, of Knoxville, or
the Bank of Sevierville, Sevier¬

STATES

C.

Bond Offering by Local Housing

National

Authorities

at

The

Interest

A-O.

man

Legality approved by Chap¬
& Cutler, of Chicago.

has

been

callable.

are

pro¬

Whitman

on

authorities

bonds

Legality approved!
by Preston, Thorgrimson & Horo¬
witz, of Seattle.

April 15 of $167,074,000 bonds by 73 local housing

ville.

Postponed—The

sale

posed

Monday, April 7, 1952

.

April 1 from 1953 to 1982 in¬

on

Administration,

Housing

Washington, D.

(M-S)

.

clusive.

Public

callable.

Sale—The

building bonds offered
to

Dist.,

bonds

UNITED

1962 in¬

from 1953 to

1

The

clusive.

(P. O. Tyrone), Okla.

No. 52

.

County,

Garfield

Re¬

organized Sch. Dist. No. 302
(P. O. Colfax),

canceled.

& Trust

Wash.

Bonds Not Sold
The bids re¬
Co., Blyth & Co., both of
Tennessee (State of)
Public Housing Administration
ceived for the $110,000 building
Chicago; Merrill Lynch, Pierce,
i-1 (P. O. Sentinel), Okla.
Bond
Sale
The
Fenner
Donds offered on March 21—v.
$5,000,000
&
(Wasington D. C.)
Beane, Northwestern
175,
Bond Offering — Guy Marney,
National
Note Offering—Sealed bids will p. 1172—were rejected. The bonds
Bank,
of Minneapolis, bonds offered on April 3—v. 175,
Clerk of Board of Education, will
will be reoffered.
and the Northwest Security Co., p. 1272—were awarded to a syn¬ be
received
for
the
$77,394,000
receive sealed bids until 3 p.m.
of
Sioux
of
the
Falls,
at
a
price of dicate composed of the National notes
following
public
(CST) on April 8 for the pur¬
100.004,
a
net
interest
cost
of City Bank, of New York City, housing agencies:
WEST VIRGINIA
chase of $64,000 high school audi¬
First National Bank, of Chicago,
about 1.48%, as follows:
$440,000 Allentown, Pa. Dated May
torium bonds. Due from 1954 to
Guaranty Trust Co., of New York
Fayette County, W. Va.
$210,000 l*4s.
Due on April 15
6, 1952. Due on Nov. 7, 1952.
1962 inclusive.
City, Marine Trust Company of
Bond Offering—Otway
from 1954 to 1956 inclusive.
Gunnoe,
1,500,000
Boston, Mass.
Dated
Western New York, Buffalo, L. F.
May 6,
1952. Due on Aug. Secretary of Board of Education,
790,000 iv2s.
Due on April 15
OREGON
Rothschild & Co., New York City,
will
receive sealed
bids until 2
from 1957 to 1967 inclusive.
29, 1952.
Citizens
and
Southern
National
p.m.
(EST) on April 24 for the
Bend, Ore.
1,685,000 Buffalo, N. Y.
Dated
Bank, of Atlanta, C. H. Little &
TENNESSEE
purchase of $2,475,000 school im¬
May 6, 1952. Due on Nov. 7,
Bond Sale
The $45,000 imCo., of Jackson, and Folger, Nolan,
provement bonds. Dated April 1,
1952.
Memphis, Tenn.
provement
bonds
offered
on
Inc., of Washington, D. C., at a
1952.
Due on April 1 from 1954
Bond Sale—The $2,950,000 gen¬
March 28—v. 175, p. 1271—were
348,000 Burlington, N. J. Dated to 1973 inclusive.
price of 100.01, a net interest cost
Principal and
awarded to the United States Na¬ eral obligation bonds offered on of about 1.45%, as follows:
May 6, 1952. Due on Nov. 7, interest
(A-O)
payable at the

Washita

County Indep. Sch. Dist.

—

—

—

'

tional

of Boston, at

Bank,

interest

of

cost

net

a

PENNSYLVANIA
Clearfield County (P.

O.

Clearfield), Pa.
Bond

fund-

Sale—The $100,000

April 1

175, p. 1379 — were $1,200,000 central heating plant
syndicate composed
bonds, as 1.40s.
of the First National Bank,
of
50,000 educational improvement
Memphis, Bear, Stearns & Co.,
(Deaf School) bonds, as 1.40s.
Laidlaw & Co., Ira Haupt & Co.,
3,000,000
hospital
construction
all of New York City, John Nubonds, as 1.40s.
veen
& Co., of Chicago, Hall &
a

Co., of New York City, Wachovia
& Trust Co., of Winston-

tog bonds offered on April 1—v.
175, p. 1271—were awarded to
K. C. Schmertz & Co., of Pitts¬
burgh, and Associates, as IV2S at

750,000
State
Office
Building
(Nashville) bonds, as l%s.

Bank

Kansas

a^rice of 100.10,
1.48%.

South Greenshurg (P. O,

Greenburg),

Pa.

sealed

until

bids

re-

7:30

p.m.

(EST) on April 7 for the purchase
<iC $90,000
general obligation
bonds, .v'
York

<m

tional

April 1—v. 175,

of

p.

cost of about

1271—were

syndicate composed
Stuart & Co., Blair,

Co.,
all
of
New
York
City,
Schmidt, Poole & Co., Dolphin &
•Co., Butcher & Sherrerd, Harrison
& Co., J. W. Sparks & Co., E. W.

$1,220,000

2s.

Due

700,000

of

cost

on

1979

inclusive,

1.90s, due
to

1982

500,000

sealed

on

{EST)

on

<£Shase

of

April

10

for

$4,750,000

the

l3/4s, due

1953

second

issue

March

1

building
bonds.

about

from

1953

to

1977

Bond

bonds.

Due

"250,000 street and drainage loan
bonds.

Due

on

March 1 from

bonds

are

dated

1,

1

of

of

$800,000

sewer

bonds

of

im-

on

interest

(M-N)

Bank
proved

of

Boston.

by

Ropes,

Legality
Gray,

CJoolidge & Rugg, of Boston.




ap¬

Best,

composed

Trust

interest

of

at

price of

a

cost

of

about

to

Hess,

of

par,

a

2.71%,

net
as

April 1 from

on

of

South

WISCONSIN
Franklin Sch. Dist. No. 2 (P. O*
Rt.

Bond

—

175,

Wynn,

April

$150,000

15

a.m.

(CST)

was

73. local housing
postponed.

Green

for the purchase

electric

system

Dated March

of

were

awarded

revenue

1, 1952.

to

the

Eddleman-

Pollock Co., of Houston, at a

1969
bonds

to

Due
1975

were

to

Bay, Metropolitan Sewerage
District,

ter

bonds

175,

—v.

to

the

Wis.

100.84,

p.

$200,000 Diges¬
offered
on
April
X
1272—were awarded

First

Chicago,
a

National
Bank, of
1.70s, at a price of
basis of about 1.62%.
as

hospital bonds

was

VERMONT

$10,000
by

purchased

Harley, Haydon & Co., of Madi¬
son, as 2I/4S, at a price of 100.25,
basis

a

1952

of

about

to

1956

2.13%.

Dated

June 1 from

on

inclusive.

Interest

J-D.

Legality approved by Lines,
Spooner & Quarles, of Milwaukee,

Vt.

Offering—Errol W. Rich¬

ardson,

Town Treasurer, will re¬

Whitewater, Wis.
Bond

ceive sealed bids until noon (EST)

April

9

for

purchase

the

of

$300,000 water bonds. Dated April
1,
1952.
Due on April 1 from
1956 to 1972 inclusive.
Principal
interest payable

City

Offering

Clerk,

construction

1954

ity

and interest

approved

by

Ropes,

Gray,

Best, Coolidge & Rugg, of Boston.

Bond Sale—The

Vt.

$43,000 refund¬

ing bonds offered on April 2—v.

175, p. 1379—were awarded to
Northfield
Savings Bank,
100.22,

a

as

2s,

at

price

a

—

Lois Gnatzig,

will

receive sealed
bids until 3 p.m. (CST) on
April
15 for the purchase of
$250,000

at the First
National Bank, of Boston. Legal¬

1,

1952.
to

water

bonds.

Due
1968

on

Dated

March

inclusive.

March
1

from

Principal

payable at the White¬

Commercial

&
Savings
Bank, Whitewater, or at the First
Citizens State Bank, Whitewater.
Legality approved by Chapman
& Cutler, of Chicago.

the
of
of

CANADA

basis of about 1.97%.

1
!

QUEBEC

WASHINGTON

Sale—The

Bond

issue

of

$525,improvement bonds of¬ 000 revenue, series A bonds was
purchased by a syndicate com¬
April 1—v. 175, p. 1272—

101.29.

awarded

were

—

build¬

March 31—v.

Dempsey & Co., and Barcus, Kin¬
dred
&
Co.,
both
of
Chicago,
jointly, as 2Y4S, at a price of
100.02, a basis of about 2.24%.

April 1, 1952. Due

Sale—The $155,000 sewer

on

of

1380

p.

$92,000

on

Shullsburg, Wis.

King County, Bryn Mawrlake Ridge
Sewer Dist. (P. O. Seattle),
Washington

Houston, Texas

fered

M.

Sale—The

ing bonds offered

St.

April 15 from

on

inclusive.

first

price

offered

Due amount of $110,000.

These
at

the

posed of Blyth & Co., Bramhall &

Stein, Foster & Marshall, William
P.

Harper & Son & Co., and the

Pacific Northwest

tle, at
3.48%.

a

Co., all of Seat¬

net interest cost of about

Dated

April

1,

1952. Due

1

Pierre, Que.

Bond Sale—The issue of

$78,500

public

improvement bonds
purchased by A. E. Ames &

of

Toronto, at

net
as

Bond

1, Box 155, Hales Corners

Bond Sale—The issue of

Postponed—The sale

$167,074,000

authorities

April 1 from

1974 to 1987 inclusive.

system

T.

on

Treasurer, or at the Bank
Sulphur Springs.

of White

1973 inclusive.

534,000 23/4s. Due

Bond

Tenn.

Sale

Bond

Northfield,

1953

Bank,

Offering

&

April

1,
1952. Principal
and
interest
(M-S) payable at the office of the

C.)

D.

St.

follows:

Chapman & Cutler, of Chicago.

bonds.

a

Mer¬

the

Company,

Fridley

and

Memphis. Legality approved by

011

of

re¬

15
purchase of $50,000 street
improvement bonds. Dated March

Administration

(Washington,

Williston,

pay¬

sealed bids until 10:30

National

build¬

1272—were awarded to

p.

Dated May
Nov. 7, 1952.

Due on

Public Housing

Louis, Dittmar & Co., of San An¬

May 1

payable

First

St. Clair County, 111.
May 6, 1952.
Due on
Nov. 7, 1952.
Dated

on

April 1—v.

on

will

until

Bond Sale—The

Bond

Indep. Sch. Dist., Texas

$216,000 2V2S. Due

Jr., Town Recorder, will receive

the

city.

1952.

2952. Principal and interest
(M-S)

at

175,

May

pur¬

until

the First National

at

the

bids

for the

20, 1953.

Brattleboro,

Reserve

Sale—The $750,000

Bond

dated

pay¬

guenin & Boothman, of Dallas.

tonio,

April 25 for the

May 1, 1952. Due

and

Federal

a

Y.: $24,025,000

notes,

Feb.

on

Legality approved by Dumas, Hu-

cantile

from 1953 to 1957 inclusive. Prin¬

cipal

series

inclusive.

bank desired by

a

.

,

2,011,000

Recorder-Treas¬

on

7, 1952.

Feb.

and

May 1 from

on

Due

1972

ing bonds offered

Sevierville,

March

able at

chaser in

Houston,

(CST)

1953 to 1972 inclusive.

"The

May

on

inclusive.

City

provement

able

inclusive.

Due

to

bonds.

D. L. O'Con¬

—

Recorder,

sealed

Irvin,

Principal and interest (F-A)

Seguin

will receive sealed bids

Dated

loan

B.

building-1952

1953

Offering

Town

ceive

Wisconsin

303,000 Upland, Calif.

of

Offering,— Mrs. Kate S.

purchase

March 1 from 1953 to 1970

cost

follows:

as

1982

Hutcheson,

bonds.

water

above

Ripley, Tenn.

11 a.m.

on

W.

—

April 1, 1952.

from

1

syndicate

urer,

Due

interest

l3/4s.

to

loan, act of 1951,

clusive.

on

The

—

Dated

on

1979

195,000 1.90s. Due

sewer

March 1 from 1954 to 1962 in¬

"300,000

bonds:

$500,000

from 1953 to 1979 inclusive.

issue

first

net

$1,805,000

on

inclusive.

1*450,000

to

Sale

1.77%,

loan,

Due

Offering

on

6, 1952, due on Aug. 29, 1952;
$31,100,000 48th series notes,
dated on May 6, 1952, due on

on

purchased $2,000,bonds, at a price of

a

1980

school

Texas

1979

May 1
inclusive,
$15,000 1.90s, due on May

100.005,

Due

Dated May 6,
Nov. 7, 1952.

494,000 Montgomery County, Pa.
Dated May 6, 1952.
Due on

Sale—R. A. Underwood &

Bond

&

Sulphur Springs, W. Va.

Bond

May 6, 1952. Due

New York City, N.

Highland Park Indep. Sch. Dist.
(P. O. Dallas), Texas

bonds:

Municipal"Airport

school

follows:

$2,750,000

to

$235,000 l3/4s, due

pur-

as

Bond

Leon,

White

520,000 Moline, 111.

6, 1952.

library

syndicate also

bonds,

1

Bank

approved
by Caldwell,
Marshall, Trimble & Mitchell, of
New York City.

May 8, 1953.

47th
De

inclusive.

1953

from
and

noon

March

on

TEXAS

and

1 from 1980 to 1982 inclusive.

until

Due

1965 to 1977 inclusive.

drainage

of

ISLAND

bids

notes. Dated

1952.

1 from 1980 to 1982 inclusive.

000

ceive

1

May 1 Superintendent of Schools, will
inclusive, receive sealed bids until 8 p.m.
$45,000 1.90s, due on May
(CST) on April 8 for the purchase

250,000

n ^ Offering — Dorman W.
Searle, Town Treasurer, will re¬

23/4s.

from

$45,000
May 1 from 1980

public

from

1

""T*0

March

on

Chemical

Company, New York City.

•

on

500,000 park bonds: $455,000 l%s, purchase $60,000 hospital bonds
due on May 1 from 1953 to subject to the election to be held.

1

Providence, R. /.

Due

through.
Charles¬

Bank,

Legality

413,000 Mississippi Regional
Housing
Authority
No.
1

Co., of Dallas, have contracted to

Additional
East

and

inclusive.

from 1978 to 1983 inclusive.

RHODE

2V2s.

office

Valley

at the

or

State

1952.

186,000 Lakeland, Fla. Dated May
6, 1952. Due on Nov. 7, 1952.

from 1960 to 1964 inclusive.

clusive, and $60,000 1.90s. Due
on
May 1 from 1980 to 1982

and

March

1,028,000 Johnstown, Pa. Dated
May 6, 1952. Due on Aug. 29,

Nov.

street

$455,000

from 1966 to 1977 inclusive.

1,320,000 l%s. Due

1952.

1953 to 1959 inclusive.

$640,000 l%s, due on
May 1 from 1953 to 1979 in¬

1

March

Holyoke, Mass. Dated
May 6, 1952. Due on Nov. 7,

March 1 from

on

ton,

Trust

950,000

bonds:

Co.,
price of

on

$100,000 3s. Due

on

1952.

Cumber¬

Securities

Corporation, of
Nashville, C. H. Little & Co., of
Jackson, and Lyons & Shafto, of
Boston, at par, as follows:

improvement

Due

9,372,000 Hartford, Conn. Dated
May 6, 1952. Due on Aug. 29,

on

Corporation,

1952.

6,

2,740,000 Galveston, Texas. Dated
Mav 6, 1952. Due on Nov. 7,

1952

inclusive.

from 1956 to 1965 inclusive.

2,180,000 1%'s. Due

follows:

as

Securities
land

500,000

&

March

on

1.76%,

sewer

elec¬

series

composed of the Equitable

clusive, and $90,000 1.90s, due
on
May 1 from 1980 to 1982

.Tra Haupt & Co., R. S. Dickson &

Philadelphia, at a
100.008, a net interest
afoout 1.83%, as follows:

interest

net

a

dicate

May

7, 1952.

nor,

April 3—v. 175,
1272—were awarded to a syn¬

p.

Dated
Nov.

Treasurer's

1952.

$700,000

revenue,

bonds offered

100,000

Hollins & Co., Inc., Eastman, Dil¬
lon & Co., B. J. Van Ingen & Co.,

-all. of

Charlottesville, at

system

State

111. Kanawha

County,

Champaign

279,000

Tenn.

Sale—The

$910,000 13/4s, due on
May 1 from 1953 to 1979 in¬

$4,700,000

•Clark & Co., and Yarnall

of

100.11,

tric

bonds:

a

Halsey,

/■'

Bank

price

a

revenue-1952 bonds offered

awarded to

of

The

—

Atlanta,
Lembo, of New

City, A. G. Edwards & Sons,
of St. Louis, and the Peoples Na¬

$1,000,000

Sale

&

of

York

City Sewer Authority
(P. O. York), Pa.

Bond
aewer

Bank,

Glickenhaus

lag, Borough Secretary, will

Tullahoma,
Bond

City,' Watkins, Morrow &

National

Bond Offering—Geo. W. Gould«3©iye

Salem, Courts & Co., of Atlanta,
Lucas,
Eisen &
Waeckerle,
of

basis of about Co., of Birmingham, R. D. White
& Co., Tripp & Co., both of New
York City, Citizens and Southern

a

1952.

v.

—

awarded to

1.94%.

about

interest

was

Co.,

price of 99.31,

a

cost

of

about

a

4.40%,

follows:

$47,000 4s. Due

on

April 1

from

1953 to 1962 inclusive.

31,500 4V2S. Due

on

April 1 from

1963 to 1972 inclusive.

The

1952.

bonds

are

dated

April

1,
j