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f£0
MONDAY
13 1950
ISSUE
5#
Tk £
and
Financial Chronicle
Reg. U. S. Pat. Office
Volume
171
Number
4881
New
General
RAILROAD
Abitibi
Stock
Power
&
Paper
Co.,
York, N. Y., Monday, February 13, 1950
Ltd.—More
The
of
Since
$1.50
Nov.
preferred
Alabama
W.
proved
in
cancellation
for
additional
an
10,275
1949
stock.
when
the
nearly
additions
and
Stock and Bond Quotations
recently announced the
and
expansion
$11,000,000
will
improvements
budget
be
spent
steam
to
of
and
directors
had
$20,707,900 for
two
on
Boston Stock Exchange
Alaska-Pacific Consolidated Mininj
-Files With SEC—
covering
net
Jan.
company on
$40,000 of
sold
made
be
in
units
under
used
Alaska
to
letter
a
cumulative
and 80,000
of
two
of
Cincinnati Stock Exchange
of
note,
notification
$1.40
at
out
stock
with
unit.
per
of
the
25%
stock
common
common
with
Detroit Stock Exchange
Los Angeles Stock Exchange
The
of
Officer
of
the
of
this
Board
scheduled
the
late
bas
been
Mr.
had
in
the
of
Col.
Feb.
and
Franklin
Mr.
6.
$1
Chief
D'Olier
Bassill,
company
position.
He
May
on
also
was
committee.
Enka
America.—V.
since
1,
Vice
its
formation
President
distributioin lines and facilities,
'v
in
Enka
676,000
kilowatts."—V.
171,
Prudential
In¬
■
'
.
..
5*8,'
4
New Dividend
year
Announcements
stockholders
capital
taken
Flotations
for
Reserve
December
of
Net
by
stock
Jan.
on
from
$1,500,000
directors
the
voted
14,
with
to
$2,000,000.
to
respect
increase
to
the
the
authorized
The
Feb.
company on
2,000,000
filed
3
shares
of
action
No
increased
has
capital
as
The
has
company
fixed
dated March 24,
of most
shares.—V.
166,
of American
Feb.
1949,
stock,
District Court
11(e)
—V.
Industrial
15,
1950
the
as
Oct.
effective
1949,
3,
date
stocks
(other than the
to
stockholders
for the
Southern
their
Farmers Trust
stock
each
shares of
the
of
District
preferred
stock of Florida
stock
of
Minnesota
of
New
York
pursuant
to Sec¬
For
and f.ash
each
shares of
share
stock
Power &
Power
&
($6)
of
cash
Co.;
1.255
stock
stock of T
e
of Texas Utilities Co ;
American, and
of
a
of
class
stock
No
of
a
capital sto k
certificate
will
of
of
of
stock
the holder
tion agent to
to entitle him
Under
American:
0.256 of
1.057
Florida
stock of
a
fcave
Power &
in
respect
of
any
purchase for his account
an
0.147
0.036
remaining
additiona
to
surrender
of
all
American)
surrendered
to
the
their
distribution
al¬
cer¬
agent
The stockholders who thereafter
present
proceeds
stock
of
of
such
American
sales
if
will
itations
and
appearing
of
stock
after
the
the plan.
in
American
W1I
effective
The plan prova,-c
two
300,623
4,492.213
3,575,100
period
608,609
608,609
$3,883,604
$2,966,491
int.
370,270
to pfd. stocks
for
the
189.
Waxed
expiration of five years following the effec¬
to receive any payments or distributions
rights
50,000
one
Paper
below.—V. 171, p.
understood
stock
common
and
a
(par
letter
new
that
Co.,
Inc.,
steam
Co.,
Fla.- -Files
Jacksonville,
at
notification
filed
with
the
New
of
share;:
of
withdrawn
—V.
171,
p.
1950—Month—1949
A
$8,628,033
years
following
not
be
Certificates for
transferable
on
$9,593,688
1949
railway
railway
income
oper.
1948
631,969
147,994
1947
1946
$688,465
$464,165
171,114
168,000
*45,417
49,044
59,074
*22,518
January 1—
railway
from
railway
7,642,142
1,309,013
8,914,588
7,692,424
the
1,561,929
and
units
be
used
American
o
"a:i
v
other
the
about
company
capital.
Buchi
patent
Feb.
on
system
906,953
617,177
99,334
•Deficit.—V.
171, p. 2.
Arctic Oil Co.
170, p.
validity
said
7
in
and
the
joint
statement
that
it
■
o;
the
present
books
oper.
1949—Month—1948
$2,047,847
revenues
1,758,157
214,335
Operating income
Non-operating income—
$75,355
1949—12 Mos.—1948
$1,963,516 $24,486,141 $22,498,020
1,930,960
21,742,362
21,963,597
Cr33,142
2,122,079
1,844,916
$65,698
$621,700
t$l,310,493
46,913
42,409
86,902
88,602
$122,268
income
on
$108,107
$708,602
t$l,221,891
9,048
series A
Income
123,578
150,171
48.696
546,896
592,794
$69,405
__
11,977
*43,815
debs—
$47,434
$38,128
t$l,964,856
•Excluding interest accruals payable to the sinking fund trustee of
$34,625 for the month of December, 1949 and $394,392 for twelve
months of 1949.
tUoss.—V. 171, p. 2.
St. Louis Listed and Unlisted Securities
—
Places Loan Privately—Acquisition—
Royalty Co. below.
Edward D.Jones & Co.
Established 1871
Athol Gas & Electric Co.—Stock Authorized
on
The
sell
company
an
of
distributable
Athol
to
its
Feb.
on
additional
1,800
received
6
shares
New England Electric
proposes
parent
had
1491.
than
s-
suit
Diesel
engine turbocharging
anti-trust violation.
of
ac¬
d
dis¬
Baltimore Transit Co.—Earnings—
will
t'->e
ve
of
install
to
544,166
463,418
"riction sufficient
American's
shares
working
for
SEC?
in
unit, through Capital
to
are
the
sold
5,962,140
2,036,762
Net ry. oper. income
Net
parent,
date,
involved
suit
centered
Net
$676,922
From
Gross from
fraction
date.
effective
per
be
signed a modified license agreeing with Dr. Buchi covering the period
in
dispute.
The settlement followed, ending Court action by both
Int.
60,215
t, as soon as practicable aft-T the exp'ration of
the
to
to the distribu¬
r
s
cents)
with
(par $10)
joint statement by this corporation and Dr. Alfred J. Buchi
the withdrawal of a $1,657,864 damage and royalty claim
started a year ago against the Swiss inventor.
Fixed charges
from
rv.
10
shares, at $11
The proceeds
equipment and
Taxes
RR.—Earnings—
December—
Net
(par
of notification
preferred stock
189.
Ann Arbor
from
Fla.
Oper. exps. & deprec„
1950—12 Mos.—1949
$555,437
letter
company
Gross
Gross
stock
—
$434,410
a
cumulative
common
Period End. Dec. 31—
SEC.
Angerman Co., Inc.-^January Sales Off 21.8%—
Period End. Jan. 31—
Sales
common
electrical
parties.—V.
proposed
offering of 5,000
$lo per share will shortly be
of
Jacksonville,
and
The
Co.
Feb. 3 filed
Baldwin Locomotive Works—Withdraws Suit—
and
the
$2)
of
shares
The
357.
Insurance
on
5,000 shares of 6%
preferred and 10
close
Subsidiary Authorized by SEC—
See Transwestern
certificate*
company
300
tributions-specified in the plan, which right is subject to the time lim¬
(stocks
33,606
$4,914,327
receive
they surrender
a
whole share.
their
is
of
of American.
plan, the holders of the present stocks
rights on and after the effective date of t
no
when
of Pacific
Net
Light Co.;
the
right
It
share
shares
Power & Light Co.; 0.148 of a
Montana Power Co.; 0.263 of a share of
Utilities Co., and 0.14 of a share of the single
next
American
of
1.045
American:
mless the holder gives instruct ons
to the
of
the
of
stock
theretofore
Progressive Health
York—To Be Withdrawn—
Minnesota
issued
certificates
share
capital
American
$0.75.
of
of The
be
of
not
of
See Pacific Power & Light Co.
1.242
share, and the distribution agent will sell such frvtion for the
count of
the
stock
tjck
le ;ns
oi
preferred
the present common
of
comme.i
common
Sale
share
shares
Montana Power Co.; 1.878 shares of common stock
one share of the single class of
capital stock of
chare of common sto;k
common
$5
have
stock
present
in
adjustment in the amount of $0,625.
cas..
For each share
share of
the
stock of Florida Power & Light Co.;
o:
Minnesota Power & Light Co.;
common
common
common
a
25,737
$6,064,406
£L
171, p.
Total
American:
Light Co.; 0.304 of
Light
adjustment in the amount of
of
date,
class
the
urged
stock of The Montana Power Co.; 2.231 shares of common stock
of Texas Utilities Co.:
1.188 shares of the single class of capital stock
of
8,143
$407,937
__
applic.
Austill
The
common
American,
who
such certificates before the
the
to the distribution agent, City Bank
William Street, New York 15, N. Y., by Feb. 15,
share
common
common
rata
pro
single
the distribution agent.
their
their
distribution
for
its stocks.
1950, or promptly thereafter, in order to receive securities and
exchange therefor on the following basis:
For
the
surrender
certificates
Co., 22
for
will be sold by
Pea-
of
of
deliver
chare
56
covering
Co.—Exchange of Securities
of the Public Utility Holding Company Act of 1935.
certificates for the present stocks of American are
Holders
(3)
1,302
after
charges
The
tive
assets and for reclassification of
s
Kidder,
par.
underwriter.
amended
as
$1
plan has been approved by the SEC and ordered enforced by the U. S.
of
$4,880,721
Balance
under the plan will cease/
American Power & Light
(2)
330,238
$6,038,669
$515,381
the
and
been
registration statement with the SEC
a
its
body & Co., New York, is named
of
income
and
$5
lotted
covering
cf
345,938
$399,794
With SEC—
tificates
(1)
27,520
$514,079
income
income
Dividends
Co.—Stock Increased—
American Mutual Fund, Inc.—Registers With SEC—
to
plaut
income
Gross
3
Index
of
1949—12 Mos.—1948
$2,074,597 $27,250,879 $24,058,710
1,647,283
20,866,272
18,847,751
1,752,804
28.97C
Operating
Other
12 Months of 1949
Federal
lease
taxes
&
(net)
45
Capital
for
1949—Month—1948
$2,295,853
revenues
expenses
Rent
46
Condition Statement of Member Banks of
Federal Reserve System
,
the System capacity will be 2,-
1477.
tion
Oper.
,.45
Combined Condition Statement of Federal
Reserve Banks
the System
End. Dec. 31—
Operating
,
The
plan
Arkansas Power & Light Co.—Earnings—
Period
46
Foreign Exchange Rates
553.
American Motorists Insurance
p.
in this
*.
.;
Production for January
par
desired vital statistics are also included
yearly compilation,
Redemption Calls and Sinking Fund Notices__45
$29,500,000; and general plant
"By the end of this
plants,
p.
placed through private chan¬
nels, United States Treasury financing and other
...34
General Corporation & Investment News_Cover
State and City Bond Offerings
i
52
The Course of Bank Clearings
43
$264,400,000 to have completed about four-fifths of
five-year expansion program begun in 1947.
With the completion of
Creek
Additional data and comments regarding the
sale of securities
34
1928,
American
of
have expended
Tanners
Markets..
Miscellaneous Features
who
-and
and
42
keep¬
regular monthly practice.
our
41
di¬
a
divided among different classes of
property, as follows: Generating
plant and facilities, $24,600,000; transmission lines and facilities, $14,-
Sporn
ing with
succeeds
D'Olier,
Is
the
the "December" flotations of securities in
National Quotation
been
announced that the 1950 construction budget
require the expenditure of $75,200,000.
This sum
its
38
39
Stock and Bond Averages!; (Dow-Jones) __.._w33
Industrial Stock Averages_33
Chairman
elected
Colonel
formerly President of The
168, p. 2533.
equipment, $6,400,000.
Philip Sporn, President, added:
Summary,
compilation includes a detailed list of the
underwriting houses, banks and insurance com¬
panies which participated in the placement of
38
Transactions New York Stock Exchange
Transactions New York Curb Exchange.
This company on Feb. 9
for its System would
will
Besides this five-year comparative
the
Over-the-Counter
in
American Gas & Electric Co.—Construction
Program—
700,000;
37
36
Exchange
r
Chairman.
Executive
was
35
36
Montreal Stock Exchange
will
had
Annual Summary of Corporate, Foreign
Government, Farm Loan and Municipal financ¬
ing in the United States for the Year 1949.
Montreal Curb Exchange
Toronto Stock Exchange
;
Toronto Stock Exchange—Curb Section
to
Executive
as.
who
Exchange
San Francisco Stock
loan
proceeds
Stock
25
1
the
of
that
executive
as
been
D'Olier
President
as
of
on
American
Alexander
of
Co.
surance
of
director
Colonel
and
President
Alexander
Bassill
Bassill
announced
become
L.
Mr.
E.
Corporation
member
a
succeeds
Corp.
John
was
to
O.
and
rector
of
plete
Midwest
the
lc.)
(par
each
the mine in the Willow Creek Mining District
for additional working capital.
No underwriter.
election
34
35
21
Philadelphia-Baltimore Stock Exchange
Pittsburgh Stock Exchange
American Enka Corp.—New President and Chairman—
The
Following our usual custom, we are publish¬
ing in this issue of "The Chronicle," a com¬
SEC
develop
and
34
Co., Seattle, Wash.
payable
notes,
shares of
shares
production
a
filed
27
4%
operating profit,
be
,34
ap¬
1950,
generating
and about $6,500,000 for distribution
supply faciltities.
The directors
have also approved the construction of
a
new
12-story office annex
In Birmingham, Ala.
Since the end of the war, approximately $64,000,000 has been spent on plant improvements.—V. 170, p. 2221.
The
13
plant
facilities
hydro
Show Marked Decline from 1948
New York Stock Exchange (Stocks)
New York Stock Exchange (Bonds)
New York Curb Exchange
steam
new
Underwritings and Capital Flotations
Page
Co.—Large Construction Program—
President,
construction
the
market,
Power
Martin,
a
which,
MISCELLANEOUS
-
Preferred
directors authorized the purchase of
the company has retired a total of
113.751 shares of $1.50 preferred or 8.15% of the total outstanding
prior to the first retirement.—V. 170, p. 2013.
■of
1949,
10,
shares
INSURANCE
-
In This Issue
purchased
has
company
preferred
T.
INDUSTRIAL
-
Retired—
shares
Copy
a
Corporation and Investment News
PUBLIC UTILITY
-
Price 75 Cents
as
to
use
well
as
the
a
of
SEC
Its
authorization
to
$100
par capital
System, for $225,000 cash.
cash
$45,000
to
pay
off
short-term
a
stock
$175,000
note.—V.
issue
to
p.
New
Its
461.
4th
St., St. Louis 2» Missouri
Members
and
indebtedness
171,
North
New
York Stock
Exchange
Midwest 8tock Exchange
Chicago Board of Trade
York Curb Exchange (Associate)
Phone
CEntral 7600
Bell Teletype
SL 593
Stock
publicly offered
corporation
17
Jan.
on
$1,000,000 debenture bonds (dated Jan. 1, 1950 and due
Jan. 1, 1970) and 110,000 shares of common stock (par
$1) in units of one SI,000 debenture bond and 110 shares
of common stock at $1,330 per unit.
Debenture bonds
PURPOSE—The proceeds are to be
racing plant including
a
race course,
of Nov. 15, 1949, the corporation re¬
made the following sales of its common stocx
(par $1), all of said subscriptions being payable in cash at par:
FINANCING—As
PREVIOUS
subscriptions and
ceived
officers, directors, promoters and others closely associated
formation organization and development of the corporation,
the
with
stock were subscribed for by 20 persons,
of common
shares
180,000
including
of $1 per share, or the aggregate price of $180,000.
the corporation had received payment in full
at
the price
to
Nov.
15.
such
shares.
of
1949,
,
,
.
,
Prior
Co.
1947, as an ordinary
the purpose or operating a race course or
race
track for trotting and pacing horses, as permitted by the laws of
the State of Maryland, and generally to conduct racing meetings, houe
ihows, agricultural and like exhibits and athletic sports and, in con¬
nection therewith, to contribute
towaids and give prizes, stakes and
other awards.
The corporation is authorized to purchase properly ana
improve same for use by the corporation lor the purposes intended.
in Maryland on Sept. 15,
for
corporation,
operating history.
On Sept. 13, 1949 The
Maryland Racing Commission granted the corporation a license .to
operate a harness racing track with pari-mutuel betting privileges ior
the year 1950.
If the corporation completes its plans, as it believes it
will
four harness tracks
will conduct night harness racing meetings
in Maryland In 1950.
The official dates allocated by the Racing Com¬
mission to these four tracks for the1 year 1950 are: at the Rosecroft
track
the period between May 22 and June 16, both inclusive; at the
Laurel track, the period between June 17 and July 13, both inclusive;
at ihe corporation's track, the period between July 14 and Aug. 9, both
inclusive; at the Ocean Downs track, the period between Aug. 10 and
Sept. 5, both inclusive.
I •
■
.
;
The
the
the dates which
on
$1,510,000 in capital from
from borrowings,
capital by July
such.amount
ha.s firm commitments for
or
1950.
1,
FINANCING
PRESENT
TO
EFFECT
(GIVING
CAPITALIZATION
stock
Common
—V.
170,
$1
(par
stock
Preferred
share»—
share;...
pel-
$20
(par
Railway
oper.
Net
from
rev.
Net
From Jan.
$840,904
7,138
440,942
10,169,410
1,153,970
968,442
1—
Railway
rev.
from
Net
ry.
12,996.823
15,539,749
12,135,678
oper.
3,830,771
5,444,609
3,191,692
1,858,931
2,913,380
1,655,920
ry.
income
oper.
171, p. 2.
asset value
net
rates
report for the year ended Dec. 31, 1949,
before provision for taxes at cur¬
appreciation.
After provision of $7,820,000
$52,519,979
of
unrealized
on
taxes,
share
per
the
on
on
Dec. 31. 1948, or, the equivalent of $166.32
the participating preferred stock and $293.12 per share
$44,695,868
of
taxes,
on
cantile
the
the
totaled
year
advisable, to liquidate into
wholly-owned subsidiary hotel corporations.
1950, The Adelphia, Essex, John Bartram,
Hotels, all of Philadelphia, Pa., have been
real estate fields, it
corporation
of the
all
was deemed
Accordingly,
since
Ritz-Carlton
and
operating
divisions of Bankers Securities Corp.—V.
as
Jan. 3,
Sylvania
170, p. 2434:
filed
notification
oi
cn
Oct.
profit alter
"Before
from
V.
with
the
SEC
2,000 s'naies of
non-convertible preferred stock (par $100;
6,000 shares of common stock
(par
$1;
will be withdrawn.—
170,
1590.
p.
than 1,000 people who have been out of work
.since the previous owners shut down five months ago.
Phoenix Bridge
Co.
and Phoenix Iron &
Steel Co., which own the plants, were
ac¬
quired
through
of
program
its
more
subsidiary last lall by Barium Steel Corp. as part
complete integration, and have been intensively
a
of
rehabilitated with the object
savings in operating costs.—V. 171, p. 358.
and
of
The
company
on
an
issue
in
mature
Chicago—Bids
has
ol'
issued
on
for
equipment
instalments
over
to
bids
trust
substantial
by
years
annual
be
of
received
12
Feb.
which
will
The
years.
the purchase of 20 diesel locomotives costing
new equipment will complete the dieselization
nearly $3,000,000.
This
of the road.—V. 171, p. 555,
Earnings Lower—
Jan. 31—
shares
sales
position,
as
including
of
Jan.
Government
31,
1950.
'
securities
compared
of
with
$4.76
$4,500,000,
$6,453,775
to $J per
—V.
American
B
Amerltan
Union,
n
effected
the
during
past
stock
compared
as
has
company
snare.—V. 170, p. 979,
bank1
no
or
(& Subs.)—January Sales Off 11%—
19*91
1950
$8,444,382
Machine
$35 00
account
o
per
e
Co.
below.—V.
year:
in
170,
Domini™
luctuations
in
the
p.
was
behalf
on
of
and
decision
assessment
to
ten
of
President.
suspend the issue
cents
sufficient
share
a
made following notice of an
levied by the company without
was
being
information
being
effected
for
the
unless
the
three
The
action,
the
Canadian Breweries Ltd.
sales
su.t
Profit
and
as
assessment
14,412,089
expenses
income
up
$600,000
the
dummy
a
Tne
class
1,283,427
3,948,500
t
su
of
237,425
§6,849,535
4,400,000
4,400,000
$2,288,835
$2,449,535
$3.11
seeks
team
Canadian
well
of
means
tax
ITEMS
AT
Long-term
Distributable
—V.
of
170,
surplus
capital
_____________
chase
the
as
of
and
for
from
from
railway
a
in
299.
stockholding
all
n>r
as
Cleveland, O.
Private Loan
—
announced Feb
2 by the'
quarterly payment moitgage
Life Assurance Society of the
was
ten-year
a
Equitable
land 011 which the Arena
which own the Cleveland Barons hockey
property, also involved a merger recently completed
the
assets
loan
last
Barons.
the
of
to
are
utilized
be
aid
to
year
issue
an
maturing in
Machine
Aircraft
to
liquidate short-term
the Cleveland Trust Co.
in making the pur¬
15-year debentures of Cleveland
'
1
the
of
1952.
Co.
Corp.
Coca-Cola Bottling
Coca-Cola
Co.
The
company
Acquisition
Proposed
—
and
below.—V.
170,
149.
p.
12
the
158,
84.
p.
of
of
Lee
held
s.ock
E.
8,053.025
18,114,827
8,170,994
17,417,275
7,047,152
19,100,000
1,724,571
11.886,229
9,436,693
2,200,000
is
1,498,531
14,175,064
2,200,000
subject
$42
to
194G
$778,491
$600,112
$532,562
22,920
238,197
104,405
135,211
175,514
2,643
33,633
5,531,529
5,879,069
5,314,165
4,949,005
808,323
1.290,136
1,012,021
185,351
*110,477
*247,210
$42
through
85%
share
per
in
by
for
remaining
the
61,000
110,000
of
shares
December and
early
January.
offer for the remaining shares
the
March
Bank of Chicago.—V.
purchase
the
late
said
Treasurer,
acceptance
share
per
subsidiary, Coca-Cola Bottling Co. of
Co. had increased its holdings in the
its
of
through
15
the
Harris
Trust
and
102.
171, p.
Colon Development Co., Ltd.—Offer Extended—
The
stockholders
made
to
by
Jan.
the
oifer
$6
of
share
per
Ltd. have until April 11 either
court decide what the price should
law, either the company or the stock¬
matter into court With a three-month period.
a
notice to non-assenting shareholders dated
it had obtained control of 90% of the stock of
British
under
br ng
the
corporation,
11,
accepted
Co.,
British
shares.
may
The
not
Petroleum
tne offer or let a
the
for
have
who
Anglo-Saxon
accent
in
stated
1950,
814,765
*213,725
offered
Coca-Cola
to
company
ac
Minority Holders of Subsidiary—
has
The
Tainian,
holder
1947
A
shares
Inc.
Savings
15,372,257
519,487
1,726,565
class
company
415,099
11,812,509
Jan.
30, extended to March 9 the period during
will issue one common share in exchange for each
stock.
The offer was to have expired Feb. 2.,
on
Offer Made to
61,091
1948
below.—V.
company
shares
Chicago
2,200,000
Co. of Chicago, Inc.—Offer to Mi¬
Co.—Exchange Offer Extended—
directors
Colon
Development
eifoil
last
to
and in accordance- with English law is making this
outstanding.—V.
the remaining shares
gain
171,
p.
J90.
From January 1—
Gross
from
Net
from
ry.
railway:
railway
oper.
income...
Deficit.—V.
171,
p.
Color Television,
The
application
stock
190,
(no
Canadian Pacific Lines in
December—
Gross
1949
from
Net-
from
Net
ry.
railway
railway..
1948
1947
1946
$199,633
$159,120
$158,724
4,-790
*40,704
*46,179
*84,066
*36,481
inccme___
oper.
*105,736
*114,814
*145,401
from
raiiway____
2,163,373
2,408,305
2,145,653
1,725,325
railway——
oper. income—
589,645
*617,096
*573,395
*751,550
*1,325,995
*1,311,226
*1,374,820
Net
from
ry.
171, p.
*1,243,059
4.-—V.
with
the
w.Uidrawn
been
has
171,
SEC
the
for
5,000
time
shares
being,
of
we
capita]
in¬
were
358.
p.
Colorado & Wyoming
December—
from
Gross
Net
from
Net
From January 1—
Gross
Feb.
Inc.—Registration Withdrawn—
register
to
Vermont—Earnings—
$179,744
____
par;
on
ry.
railway
1948
$235,776
102,229
$267,410
141,911
income
oper.
from
Net
from
ry.
7,857
54,744
2,706,882
2,131,145
1,164,510
929,896
654,696
$135,629
61,253
66,491
2,215,937
793,205
321,895
24,271
440,828
"
railway____
railway
income
oper.
171,
1946
1947
$191,926
42,673
>
railway
From Jan. 1—
Gross
Net
190.
Ry.—Earnings—
1949
1,392,365
463,411
257,426
3.
p.
December—
1949
1948
1947
1946
$582,203
$891,190
$792,584
$523,506
Net from railway.-
146,452
431,095
344,413"
119,385
Net
115,119
246,821
232,549
146,752
Gross
from
ry.
railway
income—
oper.
Jan.
l—
from
ry.
railway
oper.
■
'
7,429,719
income—
9,813,069
8.125,699
6,065,842
1,979,792
railway:
171,
•
-
Colorvision, Inc., San Diego, Calif.—Files With SEC—
4,132,717
2,893,650
1,351,396
1,033,394
2,411,740
~ 1,667,558
Chicago Indianapolis & Louisville Ry.
l-oin
Net Irom
ry.
Gross
Net
railway
$1,460,041
from
-Earnings-
Gross
Net
from
Net
ry.
1946
$1,551,051
$1,514,206
82,340
380,361
51,458
165,225
*60,688
173,232
*134,695
17,786,942
19,055,141
15,586,377
11,457,996
3,249.944
3,567.786
2,772,058
1,193,738
1,182,001
income—
171
1,476,573
441,115
from
exchange,
remittance
for
G.
and
Borgens
of notification
with
Herbert J. Reinohl on
covering conditional
the SEC
to
to
buy
be
60,000
known
as
shares
of
Colorvision,
p.
1949
foreign
1947
1946*
$158,189
*15,535
$178,452
$135,073
14,531
24,186
*43,582
6,203
income;.
1948
$160,365
railway
railway
*27,024
18,054
'14,554
*594,943
$1,069,404
oper.
From Jam 1—
Gross
from
from
Net
ry.
"Deficit.—V.
171.
p.
1,972,505
234,243
1,732,438
78,808
1,680,606
145,958
income
103,402
*35,806
*4,116
191.
(Continued
3
subscriptions
1,966,752
345,907
railway
railway-;
oper.
•
of
Edward
letter
subscription
agreements
common
stock (par $5) in a corporation
Inc.
There will be no underwriter.
Net
railway
'Deficit.—V.
Lee,
a
preorganizaticn
1947
1948
1—
railway.—
oper.
V.
filed
December—
332,885
income—
Jan.
from
ry.
1949
railway
oper.
30
Columbus & Greenville Ry.—Earnings—
December—
Gr^ss
Jan.
764,244
3.
p.
Harold
oTcaMda? $38.o'o"'plr m?. Othw'comMel?'' M2.M *p« year"'9'
rates
companms
companv
nority Stockholders—
5,847,810
*15,336
$426,334
income___
Wisconsin
railway
represent
to
financing
of
the
redeeming
Warner
See
be
railway
oper.
the
reorganized
property involved is the
an
adjoining parcel.
new
Inc.,
Apparently,
ry.
the
Change in Name—
$57,218,858
Canadian Pacific Lines in Maine—Earnings—
1949
of
Celveland
the
Club,
2,818,983
1079.
p.
bonds
1900.
of
form
and
incurred
privately
435,090
shares
the
was
Chicago,
1,726,565
,
bought
which
to
This
1947
1948
18,510,000
debt
surplus
Number
31
9,046,811
Reserves
Capital
OCT.
12,507,046
a
buying
in
purchases gave the group
It is charged that they
such
reorganization.
3,500,000
20,644,370
liabilities
Wisconsin
corporations as
indebtedness of Cleveland Arena, Inc., to
282,652
assets
Current
plan
procuring
Proceeds
3,704.238
Inventories
Chicago
shares.
1946, just before reorganization of
that
bank
$65,527,694 $63,262,840
securities
at
225
several
of
and three
co-operated
and
of the company,
which
This
SHEET
:
Current
paid.
Arena, Inc., absorbed the Cleveland Hockey
Club, Inc., most of which stock it had purchased last year from Albert
C.
Sutphin and associates.
Purchase of the stock was made as a
funds.
BALANCE
assets
Total,
of
amount.
1943 to
p.
from
The
stands
as
$6,524,140
t
credit of $910,000 re¬
sulting from
of 1949 losses of a United
States subsidiary and other credits of $308,000 applicable to prior years.
deducting an estimated
the carry-back to prior years
in
individuals
permission
168,
the
in
program
which
{After
CONSOLIDATED
been
who own
purchase
19
Arena, Inc.,
Coca-Cola
NOTE—Stated
court
$1,000,000
through
$2.96
share
(Credit,
not
of
pay¬
$3,024,140
$3,04
______
per
the
respect
District Court
S.
this
them
sold
U.
the
$1,245,000
a
corporation
and
States.
The
See
Surplus
in
defendants
Jong-term
new
building
4,524,340
162,215
$6,688,835
L
in
company,
plaintiffs.—V.
A
2,003,686
t302,294
income
Earned
in
1,730,962
3,123,648
{3,930,000
interest
.
of
matter
stock,
board
Arranged—
15,020,553
918.686
taxes
dividends
the
preferred
*
determi¬
the
taxes,
the
taxes.
14,466,380
3,676,079
::
_.
Depreciation
Income
asserted,
final
a
$650,000 was made by three bondholders
naming
alleges that from
Clinton
$76,822,008
14,018,905
15,142,895
14,911,306
etc.
Interest,
of
to
be
Federal
by
time,
$1,245,000.
1947
1948
1949
and
costs
of
way
favor
reasonable
a
been
company's stockholders
recover
10
railroad
for
a
was
$95,052,765 $92,434,547
after
had
in
& Milwaukee Ry.—Suit Filed—
30,
and influence" in the
"power
(& Subs.)—Earnings—
—
tne
of
suit,
seeks
company,
bankrupt
Hockey
Year Ended Oct. 31—
Net
refunds
exami¬
under
proposed
resolved
the full preferred dividend has
Jan.
on
defendants
other
defendants,
United
was
company
Vice
transfers
stock
be
within
refunds
the
this
- are
deficiencies
tax
there
for
on
alleged tr.at a-profit of
lines.
bus
filed
corporation,
Exchange
of
with
deduction
matters
consideration
dividends
tor which
suit
It was
$9,490,176
suspended from dealing on the Los
Angeles Stock Exchange on Jan. 31
by the governing
board upon
recommendation of the stock list committee, according to Tpomas P.
Phelan,
on
<
;
this
of
share
per
5.5.
0.
set
$5,062,410,
were
The
Calumet Gold Mines Co.—Stock Off List—
The
further
tax
will be
when
claims
connection
negotiations
■
a
substantial
that
Chicago, North Shore
loan
net
&
sub¬
171, P. 358.
From
H
in
investment
'
1949,
30,
I.
Sales
to
said
gi\e
in
these
amounts
entitled
add.tional
years
bureau
should
company's
Cleveland
Net
Acquire Dominant Interest
Textile Machinery Firm—
Eee
program
$993,021.
of
Butler Brothers
2,853,076
$3.29
Bliss Co.—To
W.)
losses
$39,116,627
1,973,462
ago.—V. 170, p. 978.
(E.
of
Monui of January—
Net
$36,393,986
profit after depreciation and taxes
Earnings per share on 600,000 common shares...
$7,046,187
shrinkage
possible
expansion
Nov.
at
liabilities
from $1
194j
—V.
1949^
1950
Net
totaled
possible
for
reserve
indebtedness.
Its only outstanding securities are 275,220
of common stock, the par value of which was increased in
From
Best & Co.—Sales and
I ear
by
and
also
would
of
the
of
which it is hoped
be
the
171,
A
mortgage
Net from
cash
of
t
assets
current
Gross
The
provision
Burkhart Manufacturing Company; increasing
an
approximate 20%, were disclosed in the
F.
$3.25
Chicago & Illinois Midland Ry.—Earnings—
proceeds will help finance
Net
for
report.
Current
with
the
capacity
production
of
$1,840,809
—V.
certificate,
period
a
of
certain
$2.o2
additional
$800,000
an
dividend
a
275,220
$.5.9J
declared
issued; however,
disallowances' as
important
will
Crowley
nation
394,634
344,025
$4.57
Agent,
ctner
110
The
of
Details
three
Equipments—
invitations
$2,832,000
semi-annual
Years Ended
'*1,098,4uJ
550,440
$5.91
allowance
"Deficit.—V.
Belt Ry. of
23
{1,407.346
825,660
been
certain
company,
Mr.
sidiary.
Net
effecting
of
and
—V.
1946
-
Corp.—Reopens Two Plants—
corporation on Feb. 7 announced the resumption of full scale
at its Phoenixville, Pa. bridge and fabricating plants, giv¬
improved
the
formed
operations
ing employment to
1S47
1,625,139
taxes...
$200,000
provision
*
The
1948
8
findings
not
to
Revenue
tlie
directors
dellationary price adjustments.
{Before deducting special
charges amounting to $400,000 ($250,000 additional provision or re.trve
lor possible losses irom aellalionary
price adjustments and $150,000
Net
• v
Barium Steel
pfogress lor
future
Net
covering
and
been in
$2,659,856
share
per
The
have
respect
Realty
$3,117,184
dividends
Earnings
Net
1949,
13,
presses
S:
&
$3,743,607
Common
Gross
letter
in
company
S.
......
1949
sales
December—
Barclay Oil Co., Inc.—To Be Withdrawn—
The
stamping
Burkhart Mfg. Co.—Sales and Earnings Higher—
(F.)
Marketable
step in a plan to consolidate and integrate, the opera¬
corporation's principal subsidiaries engaged in the mer¬
the
and
190.
p.
metal
have
Lewis Simon,
Period End. Nov. 30—
Cash
sales
on
first
of
tions
171,
Net
and miscellaneous
profit
the
As
Charles and
sheet
Feb.
on
A
Revenue.
ment
realized
investment
net
owned- by
include
1949
$3,288,335 of which <$2,574,304
income, and the balance of $714,031
of securities, real estate, etc.
After
deducting operating expenses of $451,379, and provision of $335,000
ior income taxes, the corporation realized a net income and profit fpr
the year of $2,501,955 compared with $2,145,613 last year.
All accu¬
mulations on the participating preferred stock have been paid to and
including Dec. 31, 1949.
for
income
Gross
was
was
purchase
to
stock,
common
opera¬
directors
series
preferred stork out of
1949
earnings,
payable March
1350, to holders of record Feb. 28, 1950.
Leo T, Crowley, Chairman of the
board, stated that Federal income
and
excess
profits tax returns of the company for the years 1943
to
1347, inclusive, have been for the past three years, and still arc,
under
examination
by the lepresentatives of the Bureau of internal
15,
"of
and
time.—V.
Common
the net asset value is $44,699,978 which is equivalent to
£162.88 per
share on the 162,987 shares of participating preferred
stock outstanding and $302.55 per share cn the 60,000 shares of com¬
mon
stock outstanding.
This compares with a net asset value, after
for
Corp.,
some
Net
Corp.—Asset Values Increased—
its
in
corporation
The
rent,
will
lines for these stampings.
the new site from tne
Minority
Bankers Securities
shows
facilities
Total
revenues
oper.
Net
—V.
395,867
124,652'
income
oper.
ry.
oper.
completed
be
to
immediate
stated.
$1,168,111
528,373
262,282
$1,899,230
848,196
$1,082,337
312,580
revenues
ry.
into
go
result of
paid.
Reinstatement or removal from listing will be determined at a later
date
upon
lurther study
by the stock list committee, Mr. Plieian
1346
1947
1948
1949
will
assembly
welding
Negotiations
no
RR.—Earnings—
Bangor & Aroostook
December—
facilities
new
plant
arid
presenting
None
2581.
p.
the
time
building will be approximately 1,000 by 250 feet.
Two
buildings will house the administrative oiiiees ana a
smaller
The
290,000 shs.
>
per
the
expects
he
which
at
heating plant.
Manufacturing
$1,000,-000
$1,000,000
300,000 shs.
40,000 shs.
bonds
debenture
5#1
I
Outstanding
Authorized
that
stated
factory
other
approximately
the proceeds of the sale of stocks,- debenture
Commission
Racing
bonds and
of
racing meeting
corporation by
will not be in a position to hold a
have been allocated to the
unless the corporation obtains
corporation
1950
in
The
the
nation
The
has no
corporation
The
Budd
summer,
Net
Baltimore.
of
COMPANY—Organized
business
informed
tion.
_
,
National
Trust
Ind.,
Gary,
at
being
v
this
Chicago Milwaukee St. Paul & Pacific RR.—$3.25 Pre¬
ferred Dividend—
company
plant
after
Monday, February 13, 1950
Gary
on
for all
registrar and transfer agent for debenture bonds is Balti¬
Bank.
Transfer agent for common stock is Mercantile
Trustee
more
Once
at
will begin construction immediately on its new Chase
Edward G. Budd, Jr., President, said on Feb. 4,
of favorable action by City Council to re-zene a
140-acre site for Budd'6 new automobile body parts plant.
Costing approximately $7,000,000, including machinery, the 320,000
square loot plant will be of modern design.
The
Mr.
erect
etc., and for working capital.
used to pay for property, to
Work
Begin
Plant—
other debt.
be subordinated to
may
Co.—To
Budd
(The)
Trotting: Races, Inc.—Bonds and
Baltimore (Md.)
Offered—The
CHRONICLE
FINANCIAL
&
COMMERCIAL
THE
(650)
2
and advertisements must be
made in New York funds.
on
page
12)
113,865
Volume 171
Number 4831
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
(651)
The
Capital Flotations in the United States
During the Month of December
And for the Twelve Months of the
Calendar Year 1949
Total
corporate issues for the month of December
aggregated $419,942,887 compared with
$218,055,760 for
November and $699,694,965 for
December, 1948.
Of the
month's
812
trend
month
wherein
of
of
new
for refunding
financing has (with
the
sole
exception of
Privately placed issues
May,
1947) maintained the same pattern
money operations greatly exceeded those
$150,525,000,
with
purposes.
the
ance
11
companies; the $41,000,000 Louisville Gas
Co. flotation of first
mortgage 2%%
1979;
$36,223,929
shares of
Ohio
,
& Electric
(Minn.)
shares
of
no
par
(par $5); $13,596,240 Detroit Edison Co.
679,-
Below
we
present
tabulation
a
of; figures since
revisions of the 1949
poration financing.
Further
financing is brought to light.
'
SUMMARY
OF
CORPORATE
January
$
457,478,725
February
March
56.2
78,200,000
23.6
346,781,800
31.0
>22
FINANCING
BY
MONTHS
Total
1949,
1948 AND
$
$
,
Refunding
373,524,374
2,590,000
253,417,785
565,380,788
14,091,516
705,972,487
97,041,541
107,035,204
368,444,693
30,923,566
'217,767,388
139,824,303
452,148,250
261,409,489
683,528,072
1,221,250
684,749,322
296,429,400
34,050,000
330,479,400
387,109,977
1,216,258,618
4,154,647
30,519,224
391,264,624
1,246,777,842
597,397,593
29,890,829
627,294,.427
85,738,976 1,639,797,343
1,123,563,945
65,790,474
July——.:
17,864,226
119,065,610
September-
3,198,936,016
80,964,460
463,313,960
217,916,667
319,497,872
537,414,539
523,297,778
213,807,327
737,105,105
892,052,732 2,776,193,935
494,500,121
125,726,255
War
for
This compares with
for
became
excess
Of
218,055,760
504,013,576
15,600,000
695,623,105
4,071,860
607,997,623
699,694,965
231,333,234
1,170,136,175
414,271,620
following
changes have
been
6,258,346,501
685,420,543
87,318,960
561,795,430
946,003,815
69,701,999 1;015,705,814
33,414,879
1,868,039,553
2,028,477,908
284,373,147 6,542,719,648
234,443,879 2,262,921,787
4,831,046,013 1,486,871,504
6,317,917,517
made
in
the
year;/
and
Name
1949
Other
&
Mfg.—®
——®
Inch
Jan
1949
Miscellaneous
1949
Public Utilities
1949
Public Utilities
Add
Jan
1949
Miscellaneous
Jan
1949
Other
Dedyct Jan
1949
„®
®
*
—
Miscellaneous
Ind.
&
Mfg—®
of
1943;
Allocation of Proceeds
Issue—
Colonial
Stores, Inc. 34/2%
debentures, series B, due ]S50-19G3.
Commercial Credit Co.
2%% unsecured notes clue
1953-1956
Natural Gas Corp. 31/>%
1st mortgage ponds due
1969.:
Indiana Associated
Telephone Co. 3:'i% 1st
mortgage bonds due 1979
Institutional Securities
Corp. 3,/t% debentures clue 1959
Jantzen Knitting
Mills, Inc. installment notes due over
14
Downs
Refunding
_
,
in
1949
the
Jan
1949
Other
Add
Feb
1949
Miscellaneous
Add
Feb
1949
Miscellaneous
Adcl
Feb
1949
Ind.
&
Mfg
6
®
Land,
Bldgs., etc—®
Add
Feb
1949
Other
Ind.
Add
Feb
1949
Public
Utilities
&
Mfg.
in
.
i
corporate
in
8.9%,
other
1948;
Mar 1949
Miscellaneous
Mar 1949
Miscellaneous
®
Add
Mar 1949
Other
Add
Apr
—
®
Add
Ind.
—
&
Mfg.—®
Iron, Steel, Coal, etc. ®
1949
1949
Public Utilities—
_®
Add
May 1.949
Other
Ind.
&
Mfg.—®
Add
May 1949
Other
Ind.
&
Mfg.—®
May 1949
Public Utilities
Add
Jun
1949
Other Ind.
Add
Jun
1949
Iron,
Add
Aug
1949
Land,
Aug 1949
&
Steel,
as
classified
against
under
for
the
accounted
$626,956,000 the
with
—®
Coal,
etc.
etc
®
Add
Aug
1949
Public Utilities^.
Add
Oct
1949
Other
Ind.
Ambassador
®
Miscellaneous
&
Grinnell
Hotel
Brothers
Co.
4%
4V4%
loan
serial
due
New
_®
notes
;
semi-annually beginning Feb. 1,
Jersey Telephone Co. 3V2% first
inoitgage bonds
1
Smith, Inc. 6% debentures, series A, due 1950-1959
Credit Acceptance Corp. 5%
debentures due Nov. 1. 1969
( Detroit Edison Co. 2i'2% promissory notes due Oct.
Mfg.—®
Add
Nov
1949
Miscellaneous
Add
Nov
1949
Public
Utilities
®
Add
Nov
1949
Public
Utilities
®
Add
Nov
1949
Public
Utilities
®
El
Bldgs., etc
®
*
Iowa
1953
Nov
1949
Land,
Nov
1949
Public
1.
El
Paso
Natural
Gas
Co,
for
314%
debentures
due
Paso'Natmal Gas Co. 314%
Electric
2,500,006
1,500,000
L.
—
1st mortgage pipe line
bonds due 1964——
3s-8%. 1st mortgage bonds—
Light & Power Co. 314 7c debentures due
1969___
Public
Utilities.
Old
Dominion
Water
Co.
3%
collateral
notes
due
1940
'
2,042,783,895*
1,673,283,500
4,026,041,600
j.
2,116,597,775
•
Calendar
Eonds and
1S49
$4,314,930,672
1950
846,281.257
4,570,411,800
4,937,839,620
2,669,224,000
1943
907,077,500
913,122,350
2.319,675,200
2,434,645,300
1,268,428,380
1,036,481,389
410,630,640
130,710,988
110,158,408
219,228,275
246,315,690
1,962,249,000
161,158,178
2,042,783,895
1,673,283,500
4,064,041,600
2,116,597,775
468,395,208
285,840,364
456.493.100
1940
1939
-
1.938
1937
165,000
1934—*——
Total
ISSUES
78,560,510
123,650,746
Total
$613,323,516 $5,323 567,833
495,988,800
6,542 719,648
669,826,626
813,229,501
284,266,445
101,223,891
43,079,643
19,239,518
79,901,271
81,616,848
72,759,242
19,150,284
292,013,451
282,063,717
27.180,244
3.198.450
1941
1936
1,
$395,310,650
443,418,453
4.801,809,634
1942—
4,000,000
Common
$612,051,516 $5,257,292,038
495,183,620
6,214,714.468
659,154,129
6,276,745,020
804,387,001
6,508.777,181
278,823,945
6,200,881,482
101,223,891
3,121,828,531
43,079,643
1,060,618,131
18,817,643
1,042,098,401
79,901,271
2,618,804,746
81,616,848
2,762,577,838
72,759,242
2,116,666,42Ck
19,087,784
2,140,432,189
292,013,451
2,433,692,159
282,063,717
4,578,945,681
27,180,244
2,267.428,765
31,402,899
489,894,449
Stocks
1944..
2,000.000
31.402.899
6,317 917,517
6,652 069,681
6,258 587,454
3,181 078,531
1,080 868,131
1,042 520,276
2,618 804,746
2,762 577,838
2,196 166,420
2,140 494,689
2,433 ,692,159
4,631 945,681
2,267 ,428.765
491 .094.449
Stocks
Add
Mai- 1949
Miscellaneous
Deduct
Apr
1949
Shipping
Deduct
Apr
1949
Apr
1949
Miscellaneous
Add
Apr
1949
Other
Ind.
&
Deduct
Apr
1949
Other
Ind.
&
Deduct
July 1949
Other
Deduct
Aug 1949
Miscellaneous
National
Miscellaneous
Add
*
Add
Add
*
i
Hotelvision,
*
Mfg.„®
Mfg—*
Ind. & Mfg
1
1949
Other
Ind.
&
Mfg
Sep
1949
Other
Ind.
&
Mfg
Inc.
480,000
shares
class
A
National
Plywood,
(par $1)
stock
(par
(par
Combined
on
page
6)
on
page
6)
957.000
$2)
25ci._.
100,000
480,000
Sit
_
Brookway
Brockway
(Continued
(.par 50c)
14,000 shares common stock (par SI)
Locks Paper Co. 40.000 shares 4*2%
preferred stock (par $25).
Fire & Casualty Co.
10,000 shares capital stock <110
par)
Glass Co., Inc. 336 shares preferred stock
(par SEC)
Glass Co., Inc. 88 shares common stock
(par 850)
(Continued
4
(par
Inc.
privately.
stock
Airlines, Inc. 66,013 shares capital (took
Pig'n Whistle Corp. 14.728"shares common stock
Southcrn
Sep
♦Represents issues placed
Capital
Airlines, Inc. 174,000 shares capital stock
City Boating Corp. 50,000 rhares preferred
In the
429,084
comprehensive tables
51,548
lowing
38,500
and the twelve months'
1,000,000
85,000
for the
16.800
4,400
of
Common
5,603,312,395
—
;
__
6,000,000
type
ISSUES
CANADIAN, CORPORATE
1946
■
each
Preferred
1945—:—
153,000
to
Stocks
Notes
1935
March
455,293,100
410,630,640
130,710,988
110,158,408
219,228,275
246,315,690
161,158,178
78,560,510
468,395,208
270,840,364
123,650,746
3,198,450
DOMESTIC AND
FOREIGN, INCL.
1947
Short-Term Bonds and Notes
1949
(
—
1943-i
97,000
1957..
845,281,257
1,268,428,380
1,033,817,917
4,883,239,629
2,609,974,000
886,827,500
913,122,350
2,319,675,200
2,434,645,300
1,882,749,000
■
520,800
$244,917,-
Stocks
4,771,309,634
Years
4,250.000
10,000,000
10,000,000
CORPORATE
4,435,961,800
1934_i
■300,000
all
$304,731,319.
according
443,418,453
500,000
250,000
—,
years
5,276,112,395
1935
1,600,000
—
16
$395,310,650
V—~
2.000,000
up
year;
companies
tabulation of the annual
corporate fig¬
past
1937—
5,000,000
largest
$475,458,000,
accounted
1936
500,000
500,000
1959
a
for
miscellaneous,
$4,249,930,672
_
5,000,000
totals
public utilities
previous
Stocks
1938
150,000
1949 the
to
of
Preferred
1939
550.000
Greyhound Corp.
Utilities
Add
Add
$417,000
the
exception
Notes
1941—
83,000
I
the
Bonds and
1943_r
500,000
the
for
53.5%, went
Calendar
1942
2,500,000
of
end
security:
■
...
Mfg
Bldgs.,
17,392
the
1944.
financing for
or
railroads
classifications,
1944. i.—:
450,000
of
operations
$741,384,015
reported
1945—
11,500,000
after
con¬
exception
$3,016,852,114 in 1948; other industrial and
manufacturing came,next with
$828,559,970, "or 15.6%,
compared
with $1,183,283,389
in
1948;
oils
took
up
$619,608,740, or 11.6%, a decrease under the
1946
500,000
the
moderately above
against
1947_.
10,000,000
years
Racing Association, .Inc*—
i
$50,750 6% inc. debs, due 1974
and 5,785 shares (50c
par) common stock.
Outboard Marine &
Mfg, Co. 3V2 rA debentures due1950-1959.
Commercial Credit Co.
2%% unsecured notes due
1954-1957
1_—
Domestic Credit Corp. 4%
debentures due April 1, 1958.—
Electric Building Co., Inc.
20-year mortgage loan
•_
Hygrade Food Products Corp.
4Va% promissory notes clue
1950-1959
Missouri Edison Co. 4 Va %.
debentures due1 over 15 years
American Investment Co. of
Illinois 3% serial notes ciue
1954-1957
Contract Purchase Corp.
3Vu% subordinated debentures
due 1951-1962
Rath Packing Co. 3L
promissory notes due March 15, 1969
Truax-Tracr Coal Co.
3%%-3%% notes due 1950-1969
t
'
United Telephone Co. of Pa.
3V*% 1st mortgage
bonds, series A, due 1965—
Colonial Ice Co. 5%
debentures', due Nov, 1,
1961_—
_r
Freedtert Grain & Malting Co., Inc.
3''
sinking fund note due Aug. 1, 1969
South Pittsburgh Water Co.
3'/a% 1st mortgage
bonds, series B, due 1978..
International Cigaf
Machinery Co. ?//' debentures due 1953-1960
Truax-Traer Coal Co. 3%-3J/z%
term loan
due 1950-1969
As
new
1949, long-term
$4,306,990,672 compared
while preferred and com¬
1948,
portion, $2,850,291,959,
1948
—
®
—®
Add
Apr
in 1945 and
increased
total
^
2,500,000
1948.
refunding
1946
or
refunding.
aggregated $1,008,637,166, as
against $939,407,253 in 1948.
The sale of both
preferred and common
1949
4,000,000
issues
to
.
Add
in
with
in
Years
$750,000
5,000,000
for
95.65%, and $284,-
or
total- corporate
emissions
and notes amounted
DOMESTIC
New
—
security
on
$5,595,883,400
ures
Houston
Ocean
of
$4,909,296,218,
was
the
Following is
1949
Long-Term Bonds and Notes
Classification
Jan
Add
months
850, while miscellaneous added
Jan
Add
41
stocks
or
1,029,624,674'
5,323,567.838
1
77,422,920
474,476,470
519,613,576
419,942,887
result
conclusion
pec. 31, 1945, which was one of
contributing to the wave of corporate
factors
witn
as
2,802,568,105 1,252,427,625
4;054,995,730
7.8%,
$6,258,346,501,
early
profits; tax
the chief
Of
360,374,893 1,278,801,795
new
totaled
contraction
noticeable
stocks
918,426,902
from
or
reported-lor 1948.
648,731,012
direct
successful
a
purposes
past
The
270,711,824
35,125,000-
Add
Apr
the
1947.
387,863,595
18,743,019
the
was
to
came
showing
112,461,407
023,987.993
Treas-.
money greater than refundings
operations has been
tinuous
122,187,231
532,137,528
1946, $6,652,069,681.
373,147, or 4.4%,
respectively, for the year
already mentioned, the trend of
financing
158,250,417
105,249,790
Add
Add
1946
and
money
265,676,364
245,958,268 4,674,680,095
and
year,, proceeds
new
483,261,869
4,428,721,827
years
above
which
262,450,941
90,958,444
4,909,296,218
Month
Add
1942
II
26,631,500
620,226,376
1949
Add
between
World
614,269,659 1,737,833,604
1,884,141,203
1,276,282,046
these
$10,026,361,129; 1928, $7,817,-
$159,250,090,925 ill 1945; $148,663,630,800 in
1944;
$63,182,839,1-38 in 1943; $50,409,965,253 in
1942, and $11,512,617,001 in 1941. The huge
borrowing by the govern¬
ment
401,630,369
182,930,760
NOTE—The
Add
in
1946;
bonds
t Revised.
Jan
276
171,539,039
46,496,235
their magnitude
through the public sale of its securities
$93,999,108,995 compared with
$94,158,606,1948; $93,111,929,467 in
1947; $108,364,006,119 in
3,090,000
1,229,785,811
only in four
$6,542,719,648
amounted to
refunding operations
525,569,236
of
1949
253,360,941
182,938,386 4,153,431.603
938,802,941
Acid
in
mon
16,774,735
314,693,097
months
277,783,073 1,038,360,331
382,349,500
199,462,033 3,398,398,049
508,794,501
745,275,253
441,179,084
the
figures
Incidentally, the indebtedness incurred
by the
ury
127,184,110
69,080,212
3,970,493,277
Twelve
to
regard
note that
we
1948
of
record of
a
43,097,486
676,195,046
October
1,554,058,367
446,55^,109
760,577,258
621,238,292
the
the order
8,118,500
128,441,553
November.
2,262,006,564
51,687,500
In
1929 with
May,
539,550,792
113,858,174 3,408,153,405
428,687,883
113,723,057 1,758,600,706,
our records
were
92.2%, while $414,271,620,
$
1,146,149,841
1,644,877,649
States
that
used
Total
*.
186,843,822
803,014,028
United
article.
$
48,067,700
3,294,2.98,231
exceeded.
■
312,323,947
579,472,304
433,958,331
376,114,374
study of
During the
Refunding
$
458,773,725
the
$5,323,56*7,838.
with the unconditional
surrender of Japan in
August 01
1945.
New Capital
8
a
years
38.9
1947
Total
$
39,260,000
2,196,216,090
33.8
46.7
in
totaled
noteworthy in history.
From
other
—+1947
New Capital
1949
figures it should be noted
government, municipal and farm loan and
government agency
figures are excluded from the above
notals, but, are shown
separately in our compilation
given on, another page of this
40.4
21
—
1949
The
financing the past year was quite
when compared with the
1948 revised total
of $-3,542,719,648.
The 1948 total from the
standpoint of
size ranks as one of
the most
here
27.8
102,340,000
36
Year
placed
pronounced
With
17.2
276,450,632
146,856,000
98,550,000
214,130,937
the
877,031; 1927, $7,319,195,804,
45.6
21,870,000
105,240,000
for
securities
during the full year
drop in the rate of
were,
49.6
22
^
corporate
35.8
103,095,000
298,812,500
1,098,082,141
May-
of Total
$150,525,000
46
7,512,700
394,698,331
%
37
■_
1,295,000
245,905,085
for
January; 1947, showing the different
monthly amounts of cor¬
figures may be
necessary, particularly as additional
private
■■■(•■
.
Results
New
-f 1948
Refunding
$
accounted
Total Amount
13
April
—f 194!)
New Capital
2V2 %
1G
February
January
$14,213,200 Public Service Co. of
Indiana, Inc.,
142,132 shares of 4.64% cumulative ($100
par) preferred
stock; $17,925,000 Southern Co. 1,500,000 shares of com¬
stock
as
Municipal issues for December footed
up to
$254,915,4-22, of which $197,898,154
represented new money
and $57,017,268
refunding. For the corresponding montn
of 1948, the total
was
$128,914,794, of which $125,943,362
was new
financing and $2,971,432
refunding.
stock;
mon
well*
23
___
March
common
Issues
24
May
*
December
25
June
Co.
issue of
1,136.437
(par $8); $35,000,000 California
1,584,238
November
August
July
bonds, due Nov. 1,
Corp. 2.80% promissory notes, due annually
Feb. 15, 1951-1955,
inclusive; $16,238,440 Northern States
Co.
for
33
September
Packing
Power
L__
October
insur¬
Edison
stock
common
as
35.8%, of that month's total.
Comparison
preceding months (as revised) follows:
December
$43,-
placement of first
sold privately to
were
(par $20)
or
No. of
The principal issues for December
included
930,000 Carolina Power and Light Co.
mortgage bonds which
capital stock
same company and due
1, 1959. In the railroad
category, the Great North¬
ern
Ry. placed during the month a
$10,350,000- issue of
2%
equipment trust
certificates, due $345,000 semi¬
annually from June 1, 1950 to Dec.
1, 1964.
$314,693,097, or 74.9%, represented new
$105,249,790, or 25.1%, refunding.
Thus, in
period of 41 months
extending back to August, 1946,
the
of
Oct.
total
the
shares
promissory notes offered by the
and
money
a
3
years
year
pages
we
compare
on
the fol¬
the December
figures with those
corresponding periods in the four
preceding, thus affording a five
comparison.
401.856,0 355,00lV, 45,18450
60 ,0
4,082,41
-195 Refundi g 29 .10 , 3 i,"370,T 3
31.10
109,753 0 13,68190 41,0239
568,90
Total
$
2,6 3,472
51,3207 t2,039 0 254.80, 82,19583
6
5
Capitl
New
Total
20 .0
167, 361
CNapeitwl$17,0. 31,41632,8587070
Total
13,2974 3.50, 3,940 50,27138 231,08
Capit l 56.02,783 108.43,25 17,56 45
United
1947-
619,01,2573884 Z5.2'1109,,44760.698 18,106,728274 iCpnarnlavcadetedly
Refundi g 6,17845
Total
3,80 . 0
420", 0 3,10 5 4
$
445,2~16o 2,0183 16,93812 Edmont ,
69,7019
New
Total
69, 4965
4,071860
2,510, 0 56L860 1,0 0
-198 Reiundi g
$
~
Capitl
71,60. 128,947 90,26975
71,60. 2,971432 78,0329
250, 0
125,94362
630,741 0 10,57640 54,06 5
S
New
58662,0,290783
43,50. 439,076.4 17,0 0 32,57 0 10, 0 10, 0 2,40 58,Y076
565.0 0
35.20 396,84 0 iZo .bo 15,0 0 164,5.132 1.80.0 1,291.07 08,69481
1,250, 0 2,90 , 0
41,8 162 7,687,50 23,87598 49,50 38 3,103,5 4 1,90,0 2,618.02 150, 214 20.3 ,0 506.287 1,750, 0 17.68 50 23.867598 64,50.38 12.653, 4 10, 0 l.Vo .o 57,018,012
125,960
150, 0
1,250, 0 2,90 0
48, 795 1,950 30 .0 0
79663,1,2251540
20.3 ,0 489,5012 1,750 17,68 50 25,08.763 64,50 38 1,50 68,4210 1790 76 5 5,296012
146,9 0
5,849,540 6,19356 43.50 487.925,3 17,0 . 0 43.70,5 10,3 .0 10, 0 2,40765 64.79540
487 V,975 9,63,190 30 ,0
250, 0 250, 0
Capitl 43,50. 436.5 40 17,0 32,570 10. ,0 10, .0 2740, 58760,
New
946,03815
69, 4965
4,071860
l75Vf.860
1,561,860 S.Vi o
1,56 80
$
619,10,2573884
16.438,610 8.5 835 1,T03754 31,5790 1,72,0 69,7019
3,523,5 4
1,90 0 2,348012
41,6812 7.687,50 23,87598 49,50 38
250, 0 250, 0
1,650, 0
270, 0
3,103,5 4
2,510, 0
Refundig 27510.
$
—19 8
1.29,07 14.5 ,481
1,
35~1 ,30 74,06 49 30 ,0 0
New
$
26,8795 12,0 0 6,917.0 13.781562 4.250. 0 8,60. 0 708,930 7,04,0 13,2974
10 .0 0 20 ,0 0
Refundig 16728Y,610 8,5 835 Yo Y.bo 31.579,0 1,452,0 6,17845
Total
708,930 3,290, 0
1,650, 0
s
946,03815 1,04923
63,251.40 1,3750 5,06 5
4iVo,5Vo 82.36 94 30 .0 2,0 .0 17,834. 1 152,87645 47.20, 0 463.70 8.V6Y06 15.0 0 178.23694 6,05 0 9,165.0 2,0 .0 75,109481 804,5217
10 ,0 0
53.4250
20,3 .0 46,2106 1,750, 0 lb.oYo 208,3 .0 15.0 ,0 9.50. 0 10. ,0 3,150
$
5134,13762,570,67931
2,650 61,89 28
14,750 8,1307645
Capitl 20.3 0 47,921 0 1,750 i5,Vo765 19,47165 15.0 , 0 1,50. 0 68,4210 31,6980
9,40 95 3,80 0
250. 0
S
56 .0 O
S
—1947
YCtOGFobvlieghradnmafygs.fcy FEDOMTIFAUSVTCRHNNAHSIBERED
FYDOMTECFIAIALVNHUAROBSCRPDGNL
Capitl
35,20 0 361,87 0 iZo Yob 15.0 ,0 89,64 083 1.50.0U
$
of
796,125 2,90 0 56,2740 90,71620
$
10 ,0 0 20 ,0 0
651,470
$
New
862,90.6 2.90.0 56,9540 93,819 4
$
10 ,0 0
95,701946 YobYobo Z Z Z 25.12,50
2,091.28 57,40 91 23,150. 31,62.870 48,71 563
29,08563
Refundi g 12,0 0 52,1670 5,60,917 4,250. 0 8,60,0 3,750. 0 86,4179
■—1946
New
Total
5,4 0, 0
2,650. 39,80. 0
18, 0
14,2059 VoY 2.Y506 87,42
3,152 0 5,41378 49,7650 172,9 465
21,394 5 30,86.94
47,20. 8,0 .0 15,0 0 95.30, 5,70. 9,165,0 57.1 ,0
s
Capit l
20 .0 0
$
21,3945 60,759
Refundig 49,7650 15,3 10 64,835.0 iZoV o o 2,0 0
8652044,71,375609 DefRBvaIcnooltoneapsrmtrudniritk.l 402291,5016,33287
79,60843
1,047.5 Staes,
708,930
Refundi g 86.417,9 26ZlVo,645
75.0 0
25,4 28 12,86472 72,9150 204.9,35
5.4 0. 0
67,450 182,960 83,6450 4,'oV.o 2.G50 61,80
S
s
-1943
804,5217 3.50 3.940 169,750382
651.4 70 134.609 18,275
$
$
1946-
2,6 3,472
254,0 2,587,40
2.039,0
347,5691
$
$
Total
5.849,50 64,31705 43,50 485.1,375 17.0 , 0 42,0819 10.3 0 10, 0 2,40 Gl7~49.50
69451,2130150,284977 8271,35062,61498,705 ISNCNOOURPGEERATWFUPI 63206,871,4015,0473
FAGOFRVOECRMNEPIGTN,AT, DECMBR notes—- notes—. notes. . fraobSfmnaiutunoicnpcyltleyeidsdse DECMBR Notes- Notes- . heoltdcin.g, etc. 314,69sec0u—ri■7t.
. governmt acies&t,Posein ectop.r,manufces manufctrig—. hteoraltdcin.g, . — ecotpr,manufctes manufctrig hteoraltdcin.g, — ecotp.,manufctres manufctrig—_ ecotpr,manufces manufctrig.
Total
$
$
34.650 150.3 0 6.0 ,0 4,320 61,3250 5,70 50,0 5,40 0
$
268.e>0 C 2.0 0 37,04.5 12,38. 7
5,83.0 254,91 2
Total
790 315,0
5.83,0 57,01 268
4.50 0 92,4380 4,1350
-194 Refundi g
1941? Refund. g 10 .4/3, 0
"loV",3
$
134,9817 12,T4Yl09
40 ,0
SZiVoZ o
50 ,0
149,6287 34,650. 284,703 8 6.0 ,0 4,320 73,469.10 5.70, 0 10,5 0
315,0
695,140
3,76,790 4,50 0 95,20465
13,6218 1,82910
2,0 .0 2,0 ,0
2,45 860
50 ,0
30,15 0 189,4 128 6,0 0 4,320 6^019,03 5,70. 0 9,45 860
145,9607
2,76,50
1,09510
4,50, 0
—
Capitl
$
New
2,0 0
166,7< ,0 7 3 ,842710 1 2,073 8
ACHNARDTE
197,8 154 512,9 51
314,6907
OSUMFARY
boanndds boanndds boanndds stock. corpate GCovaenrnmdiantBIntaernaiokl foreign GLooaavndnt, •Municpal—Stes,Staes toal dfignuoorets
OMONFTH Long-term Suori-tem Presftocrked Cosmtockon Candi- Long-term Short-em Prsetfocrked Comstocokn foreign- Long-term Pref red Comstocokn
ate— s)oiue»tc—
Short-em
Other
put
a>t
■f.
Grand
Total
I
Other Farm United
•These
Capitl
New
$
30,15.0 57,860 6.0 ,0 4,320 57,T9V0 5,70 50,0 5,0 0 16,7 0
2,0 0 2,0 0
hfoHldidinngg,,
etc.
649159,,2312087
105,24970
•"
OFMONTH
BLoonagn-Tdesrm Railrods utiles sctoeall,,Equipment aacesnorid iandunstdrl beuildtncgs, tIrnvuesstmn, Miscelanous BSohaonrt-dTesm Railroads utiles csoteal,l,Equipment acaesnorid inadunstdrl beuiltdcngs, trInuvesstmn, Miscelanous utiles— csoteall,, Equipment aacesnorid ainndusdtrl deintgcs, trtarudisng,,
Total
Public Iron, Motors Other Land,
Public Iron, Motors Other Land,
Stocks-
Public Iron, Mot rs jtn'-r
.
b.u,
Ve
-•nf neous
nils
Total
otal—
T
acesori
utiles csoteall,, Equipment and Inadunstrdil
Public Iron, Mot rs ~»hr>r
ilr ngs,
corpate
Total
Tot.al
$
4,0 ,0 2,~63~472 5,4 2,50
4,8139,620 46.0 0 1,038791 278, 3945 45,60 0
Refundi g 4.50 0 603,45 9 52,7 86 45,031 0
4,23681,76
568,90
50 ,0 0
6,258 7,45 $50,180
3,50 , 0
S
-1945
Capital 605,234 1,90,0 430,6958 26,51 9
New
Total
$
90 ,0 0
4,3976,80 3,250 1,2684 30 804,3701 126,950
Refundi g 2,34975,28 2.14,0 526,478569 74,30259 126,950
Capit l 2,04782,51 36,21 0 741,9 81 729,65742
90 ,0 0
Total
39 ,0 0
$
4,70584.63 70,250 846,2157 659,1429 1,50,0
36,0,85726029181
521,50
§82.1,0 250, 0
83,0 0 421,7650 43,89187 29,0 0
FITNM1AEDOFH3NCO2IRVGCRS. 10,742698,345603812
Total
$
5,268 3,40 7,428,95 43.18,453 v495,183620 21,0 0 ~8~05~,i80
306, 0
65,897
Refundi g 256,0751 9,076,25 18,723468
6,542719,643 150. 0 1,062 ,0 268,167
$
-1948
Capit l 5,01275,83 7,36.098 43, 218 476, 0152 21,0 0
$
New
768,10 82,06.358
284,37 14
~ 8g5jl80
306, 0
6,258346,01
40 ,0
Capit l 17,80 85,46318 7.41,30 2,740, 0 3,0 ,0 230, 2496 5,19.214 1,461,0 8,490,280 8,70,0 85,491536 60,9214
$
-
•
729,8 0 1,6475,0 180,792.30 8,0 ,0 157,0 940,3180 59,70 35,804 0 41, 450 16,32^0 179,6850 4,532086,
Refundi g 604,2950 972, 94 69,31064 247,60 25 21,08427 27,869.0 50 ,0 0 9,2~3 60 32,09 602
2,50 , 0
*,
2,48 0,28
6,150, 0
40 ,0 0
150, 0 294,05 0 2,604158,29 5,70, 0
$
4,2190.672 7,940. 0 395,10.65 g12,05 16> 35,0 .0
30. ,0 1,2750 5,32.67,83 10. ,0 16,0 .0 32.0 0
1,7620,5 2907, .86
209.47
-194 Refundi g 362,0715 3 30,5 809 21,452 .83
50.0 0
--
CFOORPREIGATN,
SOUM AFRY
878,0 0 .51,38 .051962 0 0, 0 758,560 3 3.581 187,283 .6023 704.030 314.751 765.81 92 .045
8
1
42
729
812/7l5
32,410. 5,625,0 21,058 10,9750 2719,57 2/f78",65 34,7 362
2,114
207
366
1,877
53
30
633
586
604,2950 1,296.74105 74,935640 "8127 18 468,5710 531.93427 207.8609 3,19,57 12, 0765 6,86.94
YBirupnlsawcekdS^Ito. EARS 218,2536,40606818341057,73240398 163,,4851.607,.8419765.42g975580,03
Total
40 ,0 0
8, 0 , 0
20 ,0
2,0 ,0
MtlnEcMdobPmauloNigrdnatetvefnsisdwc.flCoMPbNBrigaUuvtepfinesnaywfctk EDOF3NIOTV1HCRES.
$
269,50 2,617.450 102,750 10,36250 34,50 0 904,75 834 29,50 82,51 0 176,90 29,650 4,731084,63
Refundi g 29,80 0 870,312 85 28,0 0 3,0 ",65 125,76095 6.45.0 70,1 0 56,790 8.710, 5
«
-1947
SFT1TOAH2ERE
Governmt,
Fed ral S^Itnactleudse.s
1,986 350
60 ,0 0
35,17 0 36,21 0 142,8 547 20.634,62 208^45782 715,39.86 26.42 83 6.798.30 9.539. 3 1,34,751 1,65 16 37,2 183
60 ,0
Capit l 239,850 1,75364.25 74,05 0 10.36,250 31,50 0 78,9 84 29.805, 12,50 120,310 20,91485 3,5246,8
20 ,0 0
6,80 , 0
Total
850, 0
UNITED
$
62,9560 2,618.47,0 90.30, 0 19,640 16,30 0 94,1460 591.20, 49,3680 14,30 0 57,40 0 567,20 5,9 83,40
$
30, 0 1725,0 4.90,281 6,0 .0 i67oc,6 23,1450 2,80741,58 21.50, 0
269.50 3,1278.065 102,75.0 24,836250 62.86,40 1,47639,157 53.80274 8.24,65 17.50 3,90,6 45.2867
$
60 ,0
57,890 65,490 283,6783 14,70. 0 28.36 40 514,86 38 234,580.274 3.20,0 3,19,07 150,67 9
239.850 2,035 2,103 74,05 0 24,836.250 59,86 40 1,306 ,32 527,385.274 15,70 120,9 0 3,19.07 429,3754
COISRPUAET
10,80
397.52 314 1,29 30 2,50. 0 235,93789 149,07 2 10, .0 132,8910
65,897
Total
GONREUPFIW
217,027 48701",85
2,817,0 7,428,9 5
850, 0
475, 80 2,0893,264 97.20,8 10.79,0 4,30,0 62.85,0 617,50. 51.70, 2,60,0 45,60. 0 86087357", 4,3069 ,72
5.790, 0
Refundi g 25,34.0 263,752.47 1,250, 0 17,653.26 14.60, 0 9,417,0 30,1650 362,07153
165,0 0
4 ,474
Capital
5,625.0
3,509,103 186,9 5
S
$
CAHARNCTDER
3,94 1,09
New
♦
~
73,
1,230897 6,45,4823171096.8
956.0 0 ,85214 59 ,230 640, 0 5 0. 0 283, 89 384.015 398, 0 30 ,0 40 .0 0 0 0. 0 356,10
2,150. 0 7,940. 0
754. 1695 24,5170 165.7490 1,958.740
209,47
49,837094
175,0
7,51 ,350 54,2 371
I
93,40725
3,016
101
49
14
57
741
1,183
10,
703
27,9 73 48.7160 13.463 6,50,0 36,78247 21,075 0 20,82 19 19.853 184,37 14
240. 0 50 .768 09 ,230 640, 0 5 0. 0 515,142 305,015 .31658 ,30 40 ,0 0 0 0, 0 470.765
95,
578
19
29
18
1,146,
2,885
14
57
720
10
683
91,60752 5,326.2586,37401
475. 80 2,350 1,95 12.450 10,790 30.0 82.59,70 \08.740 51.945,0 2.60.0 45,^0. 0 7.51.350 304.7139
4
61
1,08.637
762.750 298,50
18
19
626
10,80
12378,9 7 ,29 30 2,50~ 0 26,938.59 149,07 2 10, 0 132, 584
2,817,0 7,36,098
2
4
—1949
596,516
18,54 017 8.65,20
2,105, 26 7, 30,526
$
708,930
29.80 0 1,087.54962 28,0 0 37ob7o6 175.62,835 6.45,0 4,654 56,379.0 708.930 25,876123
Capital 578,240. 2,5067,41 83,0 0 19,640. 16,30 0 916,07450 70,2150 29.305,781 14,30 0 57,40 0 548731,8 5,3975,83
New
3,~103754
14,3108
65,897
Refundi g 48,7160 12,79832 6,50 , 0 28,047150 21,075 0 20,82 19 19,28 19 256,0751
the
60,9250 '70,250 50,71 65 104/700(728,36 40 562,84 32 34,580274 6,30,54 3,90,0 164,9867
1.314
-
3,57 ,0 186,9 5
New
125,830 817.04253 12. 632 8.0 .0 365,9482 1,408.675, 1 10.93856 50.48 3 751 18.5 156 520.35081
3,0 5,0 5,23 0
""
4.
THE
41,2760 94,0 0 943,065 0 14,23618 10,7 0
Capit l 3,879.10 7.30,526 364,72560 590, 03 35,0 .0
2,1 4,0
■•-
436,0 0
IN
S
New
123, 0 1 .7537 10,68956 2,740, 0 3,9804 631,75283 90.4671 1.461,0 16,841206 8/760,6 241,68943
215
35,2 0 38,250 465.294658 26,5962 209,58760936, 178 37,4 .283 6,798,30 12,59 30 1,3 4,75114,63 ,81372.09,54
GFOLVAMERUNMICDPT,L31 _ agencis 7.19,9856g1,3322025408476fubSonftamrduaionyiescgpsdletsy 319114948- $ Notesd . NBrCuAEeanlUswwrcdkd 450.2C1,8679 0.1 4,3 m6an5uf2ct7rig0, 4.3 260 5, hoeldtincg.,218.9,60 manufctrig hoeldticng.,
Total
1,384.61,0 2,8564,7 203,5702 "237 50 68.059,14 242691 24.590 3,09720 573270 16,85347
154,69047
1,50 , 0 1,90 , 0 5,4 0, 0 26,3190 3,218,269 307~98704 01,45 327 34,8754 67350,926
60 ,0
2,064,0
$
-1946
13.032
305
261,4790
New
Total
1.507691.80 2,39740,8 214. 7,21 2.740. 0 3.6594 1,298 ,37 689452 25,90 49,850.926 *90 408,9720
80,30
4,50 0 15, 2765 6,534,02 ~237 50 319,25 890 61,4 905 675~o"7o 106,45 83
4,0 0
$
United Bank
1,50 , 0 46, 0 0 5, 30, 0 18,31784 9,752, 71 30.65794 720,1 27 96,289452 147850926
New
25,0 0 4~10,273497 4,83106, 3 82.1,0 250, .0 30, 0 239,450 26,80 0
2,84.25
New
40 ,0 0
Capit l 125,830 -674,830 1 .48160 8,0 ,0 157,0 692,7351 74,31573 7.935.0 40,9450 6,90,0 147,58 9 2,047682,51
3,564 1,065 127,450 952,4857
10,l273~49 1,648,3617791,5045 13,0 6125,0 798125,0
39 ,0 0
Staes. for
4,2853746
$
YEARS 81,76240953
Capit l 3,509478 65,490 59,1642 623v,5018
$
50 ,0 0
s
53,0 0 73,905 208,53 09 760, 0
iiii
s
ofDevlpmnt.
tlncobuligdatesnsRoantrucid
28261,50 1,50 ,1759,0 04,750 2,740, 0 3.0 .0 579,102 209. 0 25,90 35,0 0 13.02 0 145,80 4,8913,620 50 ,0 0 4,0 0
$
Refundi g 197,0370 348,79 624 153,80 76 24,590 26,509720 4,320 60,35846
1,38 1,50 2,86132,8
-1945
53,0 0 861,50 1,6049,16 760, 0
1,27.63
10 ,50
25,0 0
Refundi g 1,936 ,850 5,235,0 247,1 04 35,901 4,978,50
"491-
26,10 0 470,89 167 5,0 ,0
7,841,0
New
s
2js63^472 5,4 2,50
7,50 , 0 7,942,50
7,50 , 0
$
-1946
Total
50,180 91,70 32,84350
4,98570,21
.
s
937,80 794, 067 5,0 ,0
1,092, 9 51,9 0573 25.340 31.754 1 1,250, 0 18.45976 14.89,50 9.417.0
31,7)0 3 41,27 60
175,0 0
704,3 601 24,5170 164.92, 0 1,60.240 7,51,35053,1 ,482 956,4 593
manufctrig - . hoeldticng., 450,2. r3>7f:18 ,5 0.9 43 8m1anufc,trig607.24 58 04n.'ohoe,5ld1ticng*),273. 4,902618
EDNEC. anoteds anoteds anoteds 1 GovernmtInBteraanionkl governmtGv,Municpcali—tSes,,Po in InncluodteMQanitbobc,, MEDONNETHCS. LBoNnogoa-tnTeesnd—rmds utiles sccetooeptall,,,Eqmuaipnumfcetnrets andoiindausntrdl bueildtncgs, Intvtrreuastmdsinng,,Miscelanous SBhoorta-nTedms utiles sccetooeptall,,r,Eqmuainpumfent aacnesdori indausntrdl bueildtcng.s, Itntrvreuastdsminng,,Miscelanous utiles sccetoeoptall,,r,Eqmuainpumfent aacensodri indausntrdl bueildtncgs, _Itntrrvaeusdtsminng,,Micelanous utiles sccetooeptall,,,Eqmuaipnumfcetnrets andoiIndausntridl bueildtncgs, Ittnrrveuastdsminng,,Miscelanous cosrepcuraitte
MONTHSCorpate-— Domestic- Lboongn-tedrmsShort-em Prefstrocekd Comstocokn Candian- Lbonog-ntedrmsShort-em Prefstrocekd Comstocokn foreign- Lbonog-ntedrmsShort-em PrefstorcekdComstocokn corpate Candian foreignLoaannd Staes toal •fdiTghuerosees Proovincfes
12
Other
Total
Grand
Other Farm United
*
II
12
Railroads Public Iron,
Motors Other Land, Rub er Ship ing
Oil
Railroads Public Iron,
Motors Other Land, Rub er Ship ing
Oil
Total
Stocks-
Railroads Public Iron,
— Ship ing
Motors Other Land, Rub er
Total—
roads Public
II
Total
Iron, Motors Ofher L»nd. R'ib er Ship ing
Oil
THE
(654)
(i
11,850,000 Southern Ry. 2%%
equipment trust certificates, series
QQ, due $395,000 semi-annually from Oct, 1, 1949-April 1,
1964.
Purpose (purchase of equipment).
(Continued from page 3)
Stocks—(Continued)
Allocation of Proceeds
1949
1949
Public Utilities
*
Add
Oct
1943
Other
Ind.
&
Add
Oct
1949
Other Ind.
&
Add
Nov
1949
Other
Add
Nov
1949
Iron, Steel, Coal, etc.
Smith,
Mfg
15,500 shares common
Inc.
Mfg
Mines, Inc. 296,000 shares common
Anchor
1948
Jan
Add
1343
Utilities
Jan
1948
Feb
1948
Other
Feb
1948
Public Utilities
Add
Feb
1943
Other
Add
Feb
1943
Miscellaneous
Add
Feb
1943
Other
&
Ind.
Ind.
Mar 1943
*
Mfg--*
Miscellaneous
Add
Mar 1948
Other
Add
Apr
Add
Add
_*
&
Mfg—*
1943
Other Ind. &
1948
Public Utilities.--
Apr
Add
Ind.
Public Utilities______*
1948
Apr
Mfg—»
Ind. &
*
Mfg.—*
._*
Add
Apr
1948
Other
Add
Apr
1948
Public Utilities;—
Add
May 1943
Public Utilities
Add
May 1948
Other
Add
May 1948
May 1948
Land,
Ind.
„*
Public Utilities
Add
&
Mfg-..*
*
Bldgs., etc
1948
Public
Utilities—-*
Add
Jun
1948
Other
Ind. &
Add
Jun
1948
Other
Ind.
Add
Jun
1943
Public
Utilities
Add
July 1.943
July 1948
Other Ind.
&
Mfg.—*
Ind.
&
Mfg—*
Public Utilities-.—,—*
Add
July 1948
July 1948
Public Utilities
Add
July 1948
Public Utilities—
Add
,Jup
Add
Add
Other
Mfg—*
&
296,000
Allocation of Proceeds
Notes
Mfg—*
*
Indiana
Southeastern
*
Public Utilities——*
Add
July 1948
Add
Sep
1948
Public Utilities
Sep
1948
Other
Add
Sep
1948
Public Utilities--—*
Add
Sep
1948
Other
Add
Sep
1948
Add
Ind.
Ind.
Mfg.—*
Sep
1948
Land,
Add
Sep
1948
Public Utilities
Add
Oct
1948
Public Utilities-.!.—*
Bldgs.,
Add
Oct
1948
Other
Add
Nov
1948
Public
Ind.
etc
&
Nov
1948
Public
Utility-
Nov
1948
Other
Ind.
&
*
Mi'g—*
Add
Nov
1948
Miscellaneous
*
Add
Nov
1943
Public Utilities
*
3%%
Inc.
15-year loan due Nov. .1,1963.._— —
notes clue annually to Nov. 1, 19E8. ——
Mfg—*
Godchaux .-Sugars,
&
Mfg—*
Kellogg Switchboard & Supply Co.
Mfg
Ada
Nov
1943
Public
Utilities—*
Plywood, Inc. 5% debentures (w. w.) due Aug. 1,1967—.
—_—
Warren Telephone Co. 3%%
1st mortgage bonds series F, dub 1973„._—
West Virginia Water Service Cp. 314%
1st mortgage bonds due 1975——
Nov
1948
Public Utilities
Dec
1948
Public Utilities.—*
__*
Alton
Utilities—*
Dec
1948
Public
Add
Dec
1948
Public Utilities—
Add
Dec
1948
Public
Add
Dec
1948
Miscellaneous
Add
Dec
1943
Other
Ind,
&
Dec
1948
Other Ind.
&
Mfg.
*
Mfg.^_*
Detroit
Add
Add
Dec
1948
Other
Ind.
&
Mfg—*
Interchemical
Add
Dec
1948
Public
Utilities--—*
Central Louisiana Electric Co.,
*
C.
Dec
1948
Other
Add
Dec
1948
Mfg.—*
(C.
Mfg. CO,
&
414%
Co.
A.)
3%%
Mobile
notes due serially to
Telephone Corp.—
Y,j
Service
Gas
Corp. 4%
*
3eaboard
Add
Dec
1948
Land,
Bldgs.,
etc
Add
Dec
1948
Other
Ind.
&
Mfg—*
Speer
Add
Dec
1948
Other
Ind.
&
Mfg—*
Tilo
*
,
;
.
1964,
to
10,000,000 Illinois
t
400,000
Phoenix
Other
Joslyn
Hosiery Co. 2"4%
1,400,000
10,000,000 Ohio
8,000,000
debentures due Dec. U 1968„_—
5-year installment note_,
stock
Mfg. Supply Co. 5;000 shares 4%>% preferred
1,007 shares common stock (par $10)
65,097
Public Utilities——.
Allied
Add
Apr
1948
Public Utilities—.
Hunting Water Corp. 6.000 shares preferred
Add
July 1943
Public
Utilities-
City of
Add
July 1948
.Public
Utilities—.-.
Harrisburg Gas Co. 4,76814
Add
Aug 1948
"Other Ind.
Add
Sep
1948
Public Utilities
Co. 5%
shares common slock ino part—
Combined Locks Paper Co. 40,000 shares 414% preferred stock (par $25)
Greenwich Water Co. 2,000 shares 4.30%
preferred stock ipar $100)
Add
Oct
1948
Other
Ind.
&
Mfg..
Carman
Add
Oct
1948
Other Ind,
&
Mfg..
Devonshire
(par $1) and 7,774 shares com. stock (par 10c)
Dynacycle Mfg. Co. 100,000 shares common stock (par 80cl
Trenton Chemical Co. 131,841 shi's., 6% conv. class B pref. com. stk. (par $2)
&
Mfg..
Gas Co.
& Co.,
Oct
1948
Other
Ind.
&
Mfg.
Deduct
Oct
1948
Other
Ind.
&
Mfg.
Add
Nov
1948
Other Ind.
Add
Dec
1948
Public Utilities-
Add
Dec
issues
Hajoca
575,000
250,000
500,000
Water Co.
Alton
2,000 shares
list the
principal issues of securities placed
during the year 1949, giving at the same time (in
parentheses) the purpose of the issue:
we
JANUARY
preferred stock
1,000,000
Standard
Feb.
1,
;
instruction
,
Oil
Co.
1979.
fund
Jersey)
series
bonds,
Edison
1979.
1,
due Jan.
K,
Co.
of
York,
first
Inc.,
1,
(no
(building
Steel
par).
Corp.
Purpose
of
ocean
and
1979.
due
(repay short-term
of
stock
10,000,000
to
loans
1,
1958,
15,000,000 Owens-Illinois
Line
(working
Purpose
due
Purpose
Jan.
capital,
Pipe
1,
notes,
due
Dec.
1968.
1,
Co.
2.55%
loan
Purpose
1962.
,
(guaranteed),
(construction
of
12,400,000 Koppers
$10).
Co.,
Inc.,
Purpose
400,000
(corporate
shares
of
common
stock
(par
Nov.
1949-1963.
1,
Purpose
equipment).
of
series
Service
H
3%,
struction
Co.
of
purposes).
due
Indiana,
Jan.
l,
Inc., first mortgage
1979.
Purpose
bonds,
Carbonic
1979.
series
(finance
con¬
program),
Illinois
C,
due
Public
3>/a%,
extensions,
10,000,000 Gimbel
due
Jan.
1,
Co.
first
1979.
mortgage
Purpose
bonds
(additions!
etc.).
mortgage
(finance
Purpose
series
bonds,
B,
1,
Inc.
1961.
3Vi%
Purpose
sinking
fund
debentures,
(working capital).
due
Power
1979.
Co.
first
Purpose
and
$35,000,000
England
New
debentures,
20,000,000
Columbia
1974.
20,000,000 C.
notes,
3(4%
(finance
bonds,
March
due
Feb.
15,
1964.
200,000
Corp.
shares of $4
Purpose
par).
(no
1974.
3% debentures, due March
construction program).
Inc.
(finance
Financial
Co. 25-year 3%
Purpose (refunding).
Telegraph
&
15,
System,
Purpose
T.
I.
bonds,
..loans,
construction).
series
pipe
finance.construction.)
& Gas Co. first and refunding
series, due 1979. (Repay bank loans
Electric
Service
75,000,000 Public
mortgage bonds, 27/s%
and finance construction.)
Seagram & Sons, Inc. 25-year
1,
1974.
(Prepayment of
E.)
(Joseph
June
due
River
Fuel
Corp.
Pacific
due
AA,
3% deben¬
promissory
2%% equipment trust certificates,
manually April 1, 1950-1964.
equipment).
equipment trust certificates,
March
15, .1950-1964.
Purpose
annually
Fuel
15-ycar
&
Iron
Gas
&
Fuel
bonds, due
purchase of property,
Associates
bonds, 3-4%
ing capital,
first mortgage and collateral
sinking fund 4%>
bank loan,
trust
Corp.
series,
construction,
etc.).
1964.
and collat¬
Purpose (work¬
first mortgage
due
1974.
1,
June
1969.
notes,
first mortgage pipe
(Prepay short-term loans,
corporate purposes.)
25,000,000 Michigan Consolidated Gas
tures,
due
July
1,
1967.
Co. 374% sinking fund deben¬
(Refunding, prepayment of
1
notes, expansion, etc.)
Credit
Co. 3.95%
subordinated
loan, due June 1, 19G4.
(Corporate purposes.)
Commercial
20,000,000 Continental Can Co., Inc. 3%
due Dec.
1, 1905.
(Completion
modernization.)
20,000,000 525
William
Penn
sinking fund bonds.
20,000,000
Purpose
additions, etc.).
Transmission Co. 3%
lative
2%%
RR.
due
construction.)
Caterpillar Tractor Co. 250,000 shares of 4.20%
cumu¬
preferred stock
(par $100),
(Repay promissory
25,000,000
cumulative
first
Gas
bonds
finance
Co,
Central
$820,000
12,000,000 Colorado
eral
line
(increase capital).
$1,060,000
(purchase
12,300,000 New York
due
'
20 000,000
15,900,000 Southern
series
50,000,000 Tennessee
1,
mortgage pipe line
sinking fund 3(4 %
bonds, series A, due Nov. 1,
1966.
Purpose (retire outstanding notes, finance expansion pro¬
trust
2%%
pipe
Gas & Electric Co. 1st and refunding mortgage
series S, 3'%, due June 1, 1983.
(Retire bank
80,000,000 Pacific
tures,
Telephone
due
Gas
preference stock
(prepay
refunding
& Telegraph Co. 10-ycar 3(4 % con¬
due June 20, 1959,
iNew capital.)
notes.)
12,000,000 Eastern
Duke
debentures,
line.)
additions and
(purchase of equipment).
Brothers,
May
Service
FEBRUARY
$40,000,000
vertible
143,000,000 Transcontinental Gas Pipe Line Corp. first mortgage
line bonds, 354%
scries, due 1968.
(Construction of
,
Corp.
Telephone
$385,325,000 American
Purpose (repay outstanding bank loans and increase work¬
Purpose
10,000,000 Central
Pur¬
2%%
•
first
Co.
gram).
12,000,000 Public
notes, due May 1, 1969.
,
equipment trust certificates, series
annually
Kentucky
Utilities
3(4% duo Jan. 1,
expansion).
20,000,000 Mississippi
pipe line).
2%%
Power Co. first mortgage bonds,
Purpose (capital expenditures).
& Libby 3%
Electric
series, due 1984.
50,000,000
etc.).
etc.).
Line
1951-July
1,
(repay
plants,
3%
Co.
mortgage bonds,
advances to parent,
first mortgage bonds,
JUNE
equipment • trust certif¬
March 1, 1950-1964.
2(4%
RR.
finance construction
and
Co.
pose/corporate purposes).
bonds.
due $711,000 annually
$667,000
due
Liquid
Light
Purpose (capital expenditures).
'
"
10-year first
chemical
Glass
15,000,000 Trans-Arabian
4%
Co.
construct
&
10,000,000 Libby, McNeil
ing capital).
1969.
1,
3(4%
first mortgage
(purchase of equipment),
(purchase
etc.).
debentures, due Jan.
extensions,
(reduce out¬
Purpose
equipment trust certificates, series
annually May 1, 1950-1964.
Purpose
West Virginia Power Co., Inc. first mortgage
scries, due 1979.
Purpose (prepay bank notes,
betterments, etc.).
bonds, 3%
'
10,000,000
common
improvements,
sinking
3(4%
15-year
•
&
10,000,000 Kentucky
MARCH
Nov.
Power
10.000,000 Potomac
;
program).
made
$695,000
due
(purchase of equipment).
10,000,000 Kansas
1964.
1,
Co.
Light
&
Pennsylvania RR, 2(4%
W,
'
H
15,000,000 Gulf States Utilities Co. 3%
Purpose
Central RR. 254% equipment trust certificates,
annually May 15, 1950-1964.
Purpose (pur~*
equipment).
200,000
Corp.
Loan
,
Coast
Purpose
tankers).
shares
627,960
(extensions,
15,000,000 McCarthy Chemical
of
Purpose (repay bank loans, finance construction
icates, series J,
25,000,000 Foreign Tankship Corp. 2%% .promissory note, due Dec. 1,
Purpose
Power
1979.
10,665,000 Atlantic
10,005,000
New
Industrial
program).
Purpose
refunding mortgage bonds 3%, series E, due Jan.
Purpose, (pay short-term notes, additions, etc.).
20,408,700 Bethlehem
X,
800.000
— —
bonds, 3%
$10,000,000,
$2,000,000).
10,425,000 Pennsylvania RR. 2(4%
40,000
fund debentures, due Feb.
standing bank loans).
due
etc.).
improvements,
50,000,000 Consolidated
1961.
chase
296,642
.
dividend
$715,000
due
38,870
program).
15,000,000 Carolina
3% promissory notes,
(acquisition).
(New
Purpose
3%
(additions,
due May
discharge open account indebtedness,
500,000
$100)——-
(par $1(0)
20,000,p00 Beneficial
50,000,000 Bethlehem Steel Corp, consolidated mortgage 30-year sink¬
ing
series,
200,000 shares of $4.50
Purpose (refunding).
Corp.
(no par).
Lighting Co. general mortgage
1, 1979.
Purpose (refunding
12,000,000 Westchester
200X00
25,000,000 Fibreboard
Products, Inc.
3(4%
promissory notes, due
Nov. 1, 1968.
Purpose
(retire bank loan, complete con-
due
$75,000,000
Lighting
series, due 1979.
Large Domestic Corporate Issues During the Year 1949
Below
47/s%
1979.
promissory notes, due May 1,
bank loans).
(repay
preferred stock
privately.
placed
due
(par $25).
10,725,000 New York
(par
bonds,
California Edison Co. 800,000 shares of common
Purpose (finance construction program).
Southern
20,000,000 Pacific
250,000
preferred stock (par $100)-.——-
Water
3%
of America 3%
429,165
Inc.—
1,000 shares common stock (par $])
Co. 8,COO shares 5%.
preferred stock
Corp.
Alexandria
Utilities
Public
1S48
♦Represents
<fe Mfg.
mtge.
cumulative
short-term
(finance construction).
Purpose
stock
25,000
3,887 shares class A stock
Deduct
1st
Co.
4.70%
(repay
37,500,000 Pacific Gas & Electric Co. 1,500,000 shares of 5% redeem¬
able first preferred stock, series A
(par $25).
Purpose
(retire bank loans and finance construction program).
11,092
——
stock (par $100)———
preferred stock (par $100)™
Inc. 2,500 shares 414%
Chemicals,
Service
Public
Radio Corp.
■25;G00,000
500,000
$100)
(par
Mar 1948
New Castle Water
(cor¬
MAY
$40,000,000
309,103
.
Jan
Mfg..
Purpose
750,000
2,000,000
Add
&
shares of
Purpose
200,000
Co.
1,000.000
—
Add
Ind.
loan.
15-year
finance expansion, etc.).
latter
help
Power
iPurpose
Stocks
1943
Corp.
% 1,000,000
Roofing Co., Inc.
Other Ind. & Mfg—*
Co. 200,000 shares at $2.20
Purpose (finance extensions). '
-preferred stock
(par $50).
loans, construction, etc.).
1974.
May 1948
Power
(no par).
Telephone Corp. 4% .debentures, due April
1,
Purpose (investments in and advances to subsid¬
iaries
Short-Term Bonds and Notes
Add
&
Light
•
porate purposes).
2,000,000
1963—4—4—\
loan (average interest rate
annually.
Purpose (corporate
-
Manufacturing
Avco
f '
10,000,000 General
600,000
15-year 4%
mortgage-..;
314% loan due Oct. 1. 1963—
3'4% loan due 1950-1952—-
Co.
10,000,000
shares of
loans,
m-
Co.
$1,000,000
.
Connecticut
Line
Pipe
due
preferred stock
•14,000,000
4..%—
Realty Corp.
Bristol
Carbon
10,400,000
1,325,000
notes due 19(54*1903.
due 1958—1
debentures
Corp, 314%
(N.
3.056%),
464,912
Co,
Purpose (repay short-term
par).
additions).
purposes).
850,000
3% bonds,
short-term
v
/
Co. .2.90% promissory notes, due Jan. 1,
(construction and modernization program).
Purpose
.15,000,000 Texas-Empire
i
Illuminating
(no
Heinz
J.);
1969:
1,000,000
1st mortgage bonds, series C, due Sept. 1, 19b7—i-„——
Co. promissory note due Dec.
15, 1963
—Steel Corp. 4%. 2nd mortgage notes due Dec, 1, -1958
——
3%%
McLouth
Public Utilities—*
1943
Dec
Gasket
mtge.
sinking fund collateral trust bonds,
Inc. 3(4%
Electric
stock
common
(H.
Pur%
,
Corp, ' 1st
(Electric
&
finance property
15,000,000
lines).
(building of oil tankers).
Purpose
15,574,552 Cleveland
600,009
1963—
Lunkenheimer
Iron, Steel/Coal, etc. *
Add
&
I.
Jamestown
,"
Ind.
Add
inc.: 3%% debentures due Dec.
Gas
L,
due
1979.
Purpose
(payment of
notes, used to finance construction program).
400.000
Ohio Light & Power Co. 314% debentures due Dec. 1, 1963
T. Financial Corp. 214% -2%%
notes, due J952-19&6-r.-,-4—I———'
Dunham
<
pipe
(repay loans, working capital).
16,000,000 A-C Ships,
2,650,000
bonds, 3(4%
unsecured loan.
20-year
Corp,
series
417,000
J
Chemical
16,677,000 Rochester
744,219
118,000
: Central
Utilities—*
El Paso Natural Gas Co. 1st mtge. pipe line
series, due 1904.
Purpose (construction of
pose
55p,000.
1st mtge. collateral trust < bonds, series A, due Dec, 1, 19 73———
Water Co. 314%
1st mortgage bonds, series C, due 1973...——
Add
v
25-year 3% deben(repay advances to
15,. 1974.
company).
20,000,000 Mathieson
1,500,000
314%
April
due
Pennsylvania
Purpose
'
Co. .of
Telephone
Bell
tures,
24,000,000
130,000
Co.—
Water
Alexandria
Tobacco Co. 774,582 shares of common
Purpose (reduce outstanding short-terra
Myers
&
(par $25).
parent
1,300,000
&
Add
•
6.000,000
Ind.
Add
25,000,000
2,400,000
Ind.
,
notes).
25,000,000
Other
&
stock
:
500,000
Other
Ind.
33,729,100 Liggett
200.000
1948
Other
00,000
1,550,000
23,000,000
1943
notes, due
Co. (Indiana) 2.90% promissory
1979.
Purpose (working capital).
Oil
Distillers Products Corp. 25-year 3(4% sinking
fund debentures, due April 1, 1974. (Purpose
(prepayment
of notes and bank loans, finance construction).
200,000
Nov
1948
April 1,
1,796,600
Nov
1,
Purpose
40,000,000 National
900,000
4
due April
Financial Corp. 2%-% debentures,
(working capital).
T.
1959.
155,781
Add
Nov
I.
C.
50,000,000 Standard
350,000
Deduct
Add
50,000,000
500,000
1st mtge. junior lien bonds,
Hamilton Gas Corp. 4%
Utility-—,.*
Add
.
125,000
•iOcean County Water Co. 314%
•
Mfg.—*
Add
due April 1, 1999.
.
355,000
1st mortgage bonds dated Aug. 31, 1948—
1st mortgage bonds, ser. A, due July 1, 1973
series B, due 1953
:
Weatherhead Co. 15-year notes due serially 1951-1963—————
Boston Edison Co. 3%
25-year notes.—w—
Citizens Utilities Co. 4%' 1st mortgage bonds clue 1972———'
—
Colonial Sand & Stone Co., Inc. 414% purchase money bonds due 1956——
Commercial Credit Co. 2%% unsecured notes, due 1953-1956—————
Connecticut Power Co. 3%
1st & gen. mtge. bonds, ser. E, due Nov. 1 1978..
*
—*
dated
bank
debentures,
Edison Co. 3% sinking fund
Purpose (working capital).
50,000,000 Commonwealth
240,000
Minneapolis Tower Co. 4%
Add
V-
loans).
1,000.000
debentures due Sept. I, 1958--.
——
——
Greenwich Wa.ter Co. 3(4%
1st mtge. bonds, ser. C, due July 1, 1973—..
Hunt Foods, Inc. 414%, debentures, series D, due Sept. 1, 1963——
Kingsport Press, Inc. 3(4% loan due annually to Sept, 1, 1963.1———-—
Mfg.—*
&
APRIL
Industries, Inc. 3.20% promissory notes,
April 1, 1949, due March 1, 1969.
Purpose (prepay
175,000'
Diebold, Inc. 4>4%
Mfg.—*
&
Ind.
Other
_*
&
bonds,
$75,000,000 Schenley
$900,000
350,000
mortgage
10-year -3%%
Purpose (finance construction).
Electric Power Co. 27/a% first mortgage
Purpose (capital expenditures).
1979.
due
N,
series
bonds,
mortgage
first
1, 1979.
due March
——
Co.—
Power
3%'% bonds, series A, due July 1, 1973
,——
installment note —
1—
...
:
Southeastern Public Service Co. 4%%
1st and collat. bonds clue July 1, 1959
Allied Gas Co. 414%
1st mortgage bonds due 1969
r__—
—.
1st
Co. (Wis.) first mortgage bonds,
1979.
Purpose (capital require¬
Co.
Power
Pcnn
West
2%%
10,000,000
10,000,000 Wisconsin
*
—*
1,
ments).
—
200,000
of America 3(4%
Co.
Trap
Power
March
due
series
3%
$250,000
650,000
States
Northern
10,000,000
Refunding
New
Purpose (repay
3(4% loan.
27/a% first mortgage bonds, duo
(repay short-term borrowings,
10,000,000 Dallas Power & Light Co.
April
1,
1979.
Purpose
finance construction).
„Colorado Central Power Co. 3%%
1st
Combined Locks Paper Co, 6-15 year
™*
Mfg.__*
&
™~
—
notes due semi-annually to 1902—„___
600,000
mtge. bonds, series C, due 1976—700,000
314% notes..—
15,000,000
General Motors Acceptance Corp, 2 (/a % set", notes due s-a to March 1, 19581,000,000
Munislng Paper Co. 3%, 3(4% and 4% loan due 1949-1954—
100,000,000
General Motors Acceptance Corp. 15-year 3% notes due March 1, 5963—
1,500,000
Iron Fireman Mfg. Co. 3%%
loan due semi-annually 1949-1960
1,000,000
California Water & Telephone Co. 3%% debentures due March I, 1963—
4,100,000
General Refractories Co. 3Vt% 15-year notes due May 1, 1963—:
600.000
Huntington Water Corp. 3^8% 1st mortgage bonds due March 1. 1973
500.000
Roos Bros., Inc. 3% promissory notes due May 1, 1962—- — -——.'.1
—
600,000
Southwestern Electric Service Co. 3'Va % -1st mortgage bonds due 1978
3,500,000
Atlanta Gas Light Co. 3(4%
1st mortgage bonds due 1973
1,000.000
Graflex, Inc. 3(4% loan due serially to 3963—
450.000
Meadville Telephone Co. 3(4% 1st mortgage bonds, scr. A, due May 1, 1966300,000
Sisters of St, Benedict of Crookston 3% *3(4% notes due 1950-1953
900,000
Commonwealth Water Co. 314% 1st mtge. bonds, ser. C, due June I, 1973 —
700,000
Darling: (L. A.) Co. 10-year unsecured loan, due 1951-1958
600,000
Sprague Electric Co. 3xh'k, sinking fund debentures due June 1, 1963——~
Warren Water Co. 3 '4 % 25-ycar note due 1973
*
\
450,000
Falstaff Brewing Corp. 2,3%-3(4% notes, series C, due •1949-1958——
1,820,000
Giddings & Lewis Machine Tool -Co. 4%
1st mtge. loan due to 1903—
700,000
Home Telephone & Telegraph Co. of West Virginia 25-year 314%
debs.——
750,000
Ohio Water Service Co. 3'4%
1st mortgage bends due July 1, 1978
Animal
Mfg......*
&
$2)
103,750
Co. 4% 1st lien collateral trust bonds, series B, due 1970Illinois Corp, 4% subordinated debenture notes due 1950-1956
Northern
Miscellaneous,™.™,.*
Add
10,000,000 Bayuk Cigars, Inc., 15-year
.!
bank loans, working capital).
50,000
—
Inland Telephone
*
Add
Ind.
~
Issue—
of
Name
Classification
Public
program).
120,125
stock (par 25c)_—
Long-Term Bonds and
Month
Add
stock (par $5.U
Lighting Corp. 100,000 shares of $4.50 dividend
preferred stock (no par).
Purpose (finance construction
10,150,000 Pacific
5,000,000
1,500,000
stock (no par) —
shares $4.25 conv. 2nd pfd.
Smith, Inc. 2,000 shares 6%
preferred stock (par $25).
American-Marietta Co. 10,000 shares common stock (par
^
Ind. &
Issue—
of
El Faso Natural Gas Co. 65,000
Sep
Add
Refunding
New
Name
Classification
Month
19C0
Monday, February 13,
FINANCIAL CHRONICLE
COMMERCIAL &
Sperry
1969.
Corp.
3(4%
sinking fund debentures,
of plant expansion and
1
Place Corp. 3(4%
first
(Construction of building.)
mortgage
sinking fund debentures, due June 1,
(Discharge bank loans, corporate purposes.)
Electric & Power Co. first and
gage bonds, series G, 27a%, due June 1,
20,000,000
unsecured
Virginia
construction.)
refunding mort¬
1979.
(Finance
Volume
171
1G,000,000
Number 4881
Long Island
THE
Lighting Co. 20-year 3^4%
funding, repayment
bank
of
loans and
bank
15,000,000
Locomotive
15-year
314%
15,000,000
I
Pipe Line Co. 2.55%
(Construction of pipe line.)
1262.
Virginian
Corp.
15,
April
15-year
1964.
414%
notes,
and
promissory
note,
of
i
bank
loans.)
'
loan.
13,376,894
Pump
&
bank
loan
(Retire
Machinery
and
increase
.
20-year
working.capital.)
$100,000
BB,
of
Pacific
due
2%%
Co.
8832,000
equipment
annually
July
1,
trust
ctfs.,
1950-1964.
Oklahoma
Gas
Electric
&
series, due June 1,
10,000,000; Pacific
Western
1979.
Oil
first
Co.
mortgage
(no
27c
15-year
debentures, due June 1, 1964.
sinking
Co.
due
notes,
fund
collateral
annually
trust
(St.
series
314%
8-year
fund
$4,000,000
1969.
Inc. 4% 15-year
(January).
Natural
Gas
$1,700,000
1st
Co.
sinking
$22,500,000
Associates
June
15.
Investment
1959.
4%
(Refunding,
$15,000,000;
$7,500,009.)
55.000,000
Great
debemurcs,
15,000,000
Illinois
1979.
Co.
20-year
sinking
1, 1949, due July 1,
company's capacity.)
■
Co.
4'/4%
fund
Co.
(New
15, 1974.
Jersey)•-.25-year
(Replenish working
1950-1964,
notes
stock
;American
serial
notes,
payable
American
1,
debentures,
■
capital.)
bonds,
States
series
program.) '
no
(Minn.)
1,
1979.
first
Co.
Investment
debentures,
mortgage
(Finance
972,624
(Finance
shares
of
construction
due
12,500^000
Sept.
Window
15-year 3% note.
ing, general corporate purposes.)
Co.
(October).
!
program.)
Salt
Lake
Pipe
12,100,009 Tennessee
'
*
Gas
stcck
mon
Line
1951-Oct.
I,
10,000,000 Tennessee
Gas
Transmission
Penn
Electric
due
'chase
Nov.
Co.
of stock
of
of
pipe
shares
pipe
100,000
*
4
line.)
of
line
i
■
ccm-
of
4.65%
(Expansion
Gas
i stock of $10
,
25,000,009
Barnsdall
and
Oil
gas
porate
f
,
35,000,000
498,081
loan,
of
Power
&
due
1962.
development
Light
Oct.
Interprovincial .Pipe
1,
Co.
1979.
Line
(Finance
and
general
first
Co. >314%
'Pipe
Line
pipe line bonds, due Sept. 1,
•
33,000,000 Mid-Valley
Jan.
;
oil
Pipe
1967.
1,
Line
Co.
1968.
3%%
Co.
mortgage
first
Associates,- Inc.,* 3.6%
oil
sinking
(October).
Illinois
3%
nctes,
4%
due
notes
Power
&
1st
bonds,
3»/2%,
15-year
due
subordinated
loan,
due
June
$500,000
:Corry
15,
1st
rntge.
bonds,
2%%
due
sinking
mortgage
crude
note,
properties.)
due
(Con¬
Diespl
(April).
Engine
3%
Co.
1953-1957,
Oil
4'/2%
notes,
due
r
Dec.
of
America
....
loan,
due
(March).
Corp.
15-year
loan,
3%%
Co.,
Mills,
loan,
due
1962,
1969,
April
1,
secured
1954-Jan. 1,
News
Co.
1979,
Co.
<
$1,525,000
"
1st
Service
cumulative
25.000,000
;
,
„
of
Oil
Co.
Penn
(Construction
par.
of
California
t
Electric
Co;
series
:(H.
t»;omissprv
$14,600,000;
annually
!
1949,
shares
common
of
no
(October).
Brook
1984,
Light
2:%%
gage
&c
bonds,
Power
series
L,
A,
Co.
1st
and
due 1984.
refunding
(Finance
mort¬
expansion
program.)
semi-an-
-
21,
12,000.000
;Du
1384.
Electric
refunding
series
B,
Light &
mortgage
Co.
2%%
Power
bends,
Co.
of
series
Baltimore
V,
due
stock
Dec.
mortgage
bonds,
due
.10,500,000 Suburban
Propane
Electric
$4
f
due
Co.
series
&
Gas Corp. 2.80%
1974,
30-year bonds.
Butler
Gas
Corp.
of
of
15-year
par
sinking
150,000
value.
$35,000,000 California
Packing
"
Feb.
15,
Corp.
of
1951-1965
promissory
inclusive.
notes,
&
(Plant
Light
Co.
314%
first
fund
36,223,929
Ohio
common
•
&
Electric
1979.
States
(no
Edison
bonds.
<
Co.
first
mortgage 23A% ; bonds
acquisition and corporate
Reiunding,
due
Power
par)
Co,
Co,
stock
1,136,437
(Minn.)
(repay
shares
1,584,238
notes
payable
of
par
shares
to
Of
Co.
1,500,600
Our
record
stock
Sales
of
Securities
in
Year
amount
1949
involved
third
greatest
in
number
in
compiling
placements of this nature since
these figures separately in 1937.
of
we
issues
started
The
1949
total of issues placed through the private route
amounted
36.6% of all corporate financing and
to
compares
42.8%
so
Capital
May
with
placed in 1948.
those
sales,
it
be well
to
explain,
comprise
securities issues not
rectly by negotiation to
a
publicly offered but sold di¬
relatively few large purchasers,
ordinarily insurance companies and banks.
tion is
made
first
between
private and public
4.40%
note
4,
El
1974,
bonds,
cumulative
.
bonds,
of
1,
Paso
15-year
314%
first
due
No distinc¬
issues in
our
1.964,
&
3V4%
first
Telephone
series
first
•
10-year
Aug.
Paso
(par
$100),
leasehold
notes,
due
4%
Telephone
&
Light
&
Power
Light
bonds,
series
C.
3%%
mortgage
bonds,
due
$3,150,000
1967,
Centennial
notes,
3 14%
payable Aug.
subordinated
series
Paso
1964,
$1,500,000
Central
Cc.
46,250
3'/4%
Co.
due
April
Central
D,
Central
first
Childs
&
Co.
notes,
shares
mortgage
354%
$500,000
first
31/8%
mortgage
first
mortgage
due
of
1959,
$2,-
stock,
common
bonds,
$43,930,000
Firth
&
$1,000,000
&
bonds,
due
1979,
bonds, due May
bonds,
3%
1961,
series,
Inc.
(February).
"
1,
,
.
1958,
Oct.
preferred stock
1
$1,000,000
1959,
,
(par
debentures,
due
$10,-
1949
and
$100), $500,April
,
1958,
1,
......
serial secured
notes,
Inc.,
first
final maturity
J
15-year
mortgage
loan,
sinking fund debentures, due April 1, 1964,
.
Gas
Co.
■
.
first
mortgage
pipe line
interim
due
3V'b%
debentures,
Dec.
1,
convertible
1964,
first
Sept.
due
$4.25
Dec.
(December).
■
,
line
due
1969,
1,
pipe
mortgage
notes,
$5,000,000
"
Co.
3%%'
bonds,
(May).
'
Gas
Co.
stated
value
Gas
$2,500,600
,
.
bonds,
314%
series,
Co.
314%
sinking
.
fund
convertible
of
$100
second
share),
per
debentures,
due
195Y,
(November).
Gas
$2,000,000
Square
Co,
314%
first
mortgage
pipeline
bonds,
due
(November).
of
Co.
Credit
20-year mortgage loan, $500,000 (February).
Buffalo
Corp.
Products,
15-year
414%
mortgage
loan,
$850,000
10-year
notes, due 1957, $1,250,000
414%
subordinate
(June).
195iL
due
notes,
Inc. .3'
promissory
notes,
due
Nov.
1,
1368;
(February).
Street
Co.
of
first
Corp.
America
$2,500,000
Fitchburg
at
mortgage
Baltimore
loan,
3%
$1,350,000
serial
Gas
&
(July).
due
notes,
March
1,
(September).
Electric
Light
Co.
10-year
(March).
314%
-
notes,
$3,500,000
(February).)
first
fund
bonds,
Gas
Co. 20-year 3%%
(January).
Gas
Co.
first
sinking
Co.,
Inc.
first
Penn Place
$20,000,000
Mills
seven
Head
Jan.
1,
Froedtert
1969,
series
fund
deben¬
mortgage bonds, 3%%
series,
314%
first mortgage sinking
fund bonds,
334%
mortgage
bank
loan
to
mature
1959,
Grain
Corp.
234%
Co.
first
$350,000
&
$2,500,000
promissory
note,
due
Dec.
1,
136)»
Malting
414%
Inc.,
Co.,
3%
sinking fund
20-year
note,
bonds,
due
Corp.,
2%%
Dec.
New
equipment
1,
trust
1950-1964,
York,
first
$3,450,000
mortgage
(December).
loan,
Gaylord Container Corp. 3%
American
notes, due April 1,
Transportation
series 46, $4,320,000
Corp.
1964, $7,500,000
2%%-314%
Transportation
Corp.
g5/8-334 %
series
44,
due
quailcrly to Nov.
1,
Corp.
first
of issue not
(April).
equipment
trust
(December).
American
General .Bronze
$3,000,000
.
Inc., notes placed in December (description
$2,000,000 (December).
certificates,
(March).
I„
certificates, series M,
Garrett & Co.,
certificates,
due
Aug.
(May).
annually
Building
(February).
mortgage
(March).
Express Co.
$230,000
available),
over
(December).
(January).
Brewing
Growers
due
America
$3,000,000
Tankship
$25,000,000
Fox
Corp.
(June).
of
years,
Foreign
'
General
mortgage
414%
20-year
equipment
trust
1968,
$6,399,000
loan,
$1,500,000
(December).
mortgage 3%%
bonds,
series
(April).
Stores,
1974,
(September).
of
Fuller
1,
(January).
Electric
due
Carpet Co. 10-year 334% .loan, $4,000,000
General
$3,000,000
$750,000
due
1964. $1,500,000
1,
,
May
(no
par—with
(September).
Walnut
Fruit
(April).
mortgage sinking
1, 1974, $500,000 (July).
Electric
A,
bonds, series C, due Nov. 1,
notes,
notes,
Co.
Natural
Finance
due
sinking fund debentures, due
Co.
General
Candy Co. 200,000 shares of
Food
mortgage
3"%%
Power
Co.
Gas
Electric
Louisiana
$1,200,000
Chase
&
1969,
Illinois
1975,
Central
D,
due
first
$4,000,000
due June
,
llinois
tures,
1979,
1,
Electric
3 V4 %
Co.
Mills Co.
Light
1956,
bonds,
Jan.
shares
$25,000,000
1,
bonds,
(April).
Arizonia
series
$1,100,000 .(June).
.
Flour
A
(March).
Flouring
due
4%
due
fund
stock
525 William
(February).
Biscuit
due 1951-1962,
bonds,
1
•
$7,700,000
Gas
Natural
1957-61,
(December).
Carolina
514%
Employees Credit Corp. 8-year 314%
sink¬
annually
-
(January).
Power
due
65,000
$10,000,000
Ellicott
1,
(December),
Mountain
1,
(September).
due
B,
(October).
Co.
June
Dec.
.
City Telephone Co. first mortgage
1, 1969, $820,000 (August).
Finance
due
due
$24,000,000'(April).
preferred
■
(December).
stock
mortgage
314%
Co.
n^tes,
sinking
Electric Building Co., Inc.,
(July).*
(June).
bonds,
mortgage
$500,000
shares
,4%
Natural
Natural
$6,500;000
preferred
inclusive, $35,000,000 (December).
Co.
first
•
mortgage
promissory
mortgage
33/4%
promissory
-
1969,
(October).
2.80%
314%,
$20,000,000
note,
debentures,
$1,600,000 (April).
Natural
El. Paso
bonds,
.
preferred
5,000
Electric
Employees
4%%
B,
234%
1984,
.
15-year loan,
Corp.'3%%
Paso
(El
(September).
3'/b%,
21,
p-iomissory
fund
series B,
3%%
21/2%.
(September).
series
mortgage
due 1963, $375,000
Consolidated Copper Co.
Hecla
$5,700,000
$80,937
Central
might
Water
3500,000
&
000,000
due
Private
314%
Corp.
Service
Carr-Consnlidated
of
and
of
notes, $10,000,000
$2,325,000
$1,940,000
$15,000,000
the
Corp.
Water
in '1979,
Carolina
shares
security issues placed privately shows
that 328 issues of this
character, aggregating $1,947,851,869, were sold during 1949. This is the second largest
total
due
bank.)
common
of
$5
par
common
stock
(for additional investment in common stock
of subsidiaries.)
Private
shares
shares
4,000
1951-1965,
California
Calumet
Carolina
S3
Co.
bonds,
1975,
Capital
(acquisition and corporate purposes.)
'17,925,009 Southern
March
•'
■
mortgage
(December).
first
Packing
15,
1964,
Gas
1,
Northern
dated
■
bonds,
El
3'/2%
debentures,
Natural Gas Co.
$2,340,700 (May).
31, ,1950,
,
first
314%
first
Jersey
B.) Laboratories,
(December).
due
(Eastern
bonds, series L, due Nov.
3'/o%
Dec.
subordinated debentures,
Tennessee
1500
due
purposes.)
16,238,440
debentures,
(August).
California
expansion
mortgage
10,000
$1,000,000
mortgage
(August).
$400,000
California
2.80%
Co.
Water
ing
preferred
construction.)
(Refunding.)
Nov,
series,
;
(.June).
Co.; 25-ycar
Co.
15-year 3%
Bryan-Bullington
shares
(Finance
,
due
Co.
due
sinking
(Allen
Fibreboard
working capital.)
Power
Inc.
$400,000
fund
(Refunding.)
Missouri
no
4%
DECEMBER
.41,000,000 Louisville
Water
series
Baltimore
of
•
.of California 4 y2%
(East (.Tennessee
<
$1,250,000
Gas
Gas
(par $100),
Water
Feb.
and
I.)
1979,
Brunswick Pulp & Paper Co.
Butler
program.)
debentures, due Nov. 1, 1964.
Union
stock,
annually
mtge.
bonds,
•
New
Co.
Co.
(May).
1979.
(Finance construction.)
'43.930,000 Carolina
(R.
1,
Borough
$1,000,000
Bullock's
first
10,000,000 New York State Electric
"
May
V,
mortgage
Electric Co. 33/4%$400',OCO (May).
'
i
1st
mortgage
bonds,
Co.
(February).
Mont
(East
note,
I
(March).
June
1949, due
.
bonds,
(November).
County
due
(Brooklyn
•j
(Refunding.)
Power
(Finance construction
15,384,000
promissory
3'/2%
first
-
mortgage
Power
15-year
first
Credit Corp.
$750,000
El
first
Idaho
4%
Co.
314%
(December).
Feb. 15, 1955,
t
,
15-year
&
series
31/2%
000 .(September).
bonds,
mortgage
25-ypar sinking,fund
$1,000,000 (April).
Water
first
Light
[East Coast
3%%
1/ 19.64, $5,000,000
J.)
(Wis.)
8,
(November).
$500,000
(November).
(Brooklyn Union
>20,000,000 Consolidated Gas
234%
Co.
(N.
$920,000
Bristol
Connecticut
&
Edison
jDougla^cOil;Cp.
(April).
(Bridgeport Hydraulic Co. 1st mtge. 2%%
par
(Refunding.)
NOVEMBER
$10,000,000
due
due March
vBound
of
&,Light.Co.
Jan. 15, 1974,
Bohack
$650,000
856,895
15', 1979, $1,500,000
due
loan,
&
.Domestic
(March).
first
unsecured
,
Inc.
,-Dobeckmum
(23/4.% -3%%)
30-year
1943,
(January).
(March).
Feb.
(March).
314%
bonds,
.ty...,,
Co. ,3%%
20,
<Almy - Chemical Co. 3,%%
loan, dated April
1,
payable annually June 1, 1953-1963, $1,100,000
(April).
(April).
mtge.
(June)..
Light
$
due Jan.
A,
C.)
'
note*; .due
acquisition
•
value.
series D,
sinking fund debentures,
234%
Power
•Black. Hills Power
(General corporate purposes.)
1,
1974.
(Refunding,
properties, $25,400,000.)
20,244,144 West
{Black- Hills
4.08%
,
$100
Corp. 25-year 2.85%
Nov.
,
250,000 shares of
'
due. Oct., 1,1974.
40,000,009 Union
stock
Co.
•
Richfield Oil
.
Gas
&
preferred
*• purposes.)
*
,
Electric
$5,000,000
Co.
Chemical .Corp.
000,000
.
25,000,000-Public
preferred
Jan.
(June).
$350,000
(March).
Works
Water
mortgage
cumulative
dated
,
Co.
Corp.
Co.
of
Dobeckmum Co.
$25,000,000
due
$5,000,000
series
#
notes,
payable
$400,000
$4,000,000 (January).
1958,
20-year" first
$2,000,000
'Birmingham
i
Inc.
4'/2%
notes,
.(March)'.
j
1951-1963,
I
$10,000,000
loan,
unsecured
bonds,
"
Co.
Press,
.Dewey
$400,000
.
15-year
Water
$1,300,000
preferred stock,
.....
.
1961.,
B,
(February).
(March).';
1979,
$7,000,000
15,
1,
series
preferred
1976,
loan, repayable 1951-1963, ;$2,600,000
nually July%,
due
1958.
to
Co.
•...„.;
...
.
cumulative
6%
Nov.
...
Grocers
Gas
1979,
due
jBayuk Cigars,.,Inc.. 15-year 314% lean, $10,000,DQ0
due
;
;
$2,000,000
Manufacturing
Co.
shares
(Davenport-W&ter Co. first mortgage. 2%%
bonds,
due
(November).
(December)..
Detroit
B, $500,QOOtAiml ),.:,•
(Beaunit
pipeline.)
serially
•
mtge.
Imperial Diesel Engine
(Barnsdall
and
bonds,
oil
1st
23/4%
Electric
Petroleum
(Dgvispn
Imperial
1 Birmingham
fund
Co.
314%
Supply Co. 3.45% first
pct.T', 1974, $125,000 (October).
Cuneo
Light
,Gas
(June).
Co.
mortgage
(Pa.)
Cosdon
(June).
cumulative
due
1959,
due
series,
bonds,
33/4%
debentures,
subordinated
Can Co., Inc. 3%
$20,00,0,000 (June).
1965,
stock
debentures,
due
1, 1964, .$6,500,000 (June),
(County
Co.
3,95%-
Contract Purchase Corp.
•
3%%
fund
unsecured
1953-1956,
$3,000,000
Consolidated
i
Electric
1,
Co.
.
Telephone
(November).'
|
(July).
City
1974,
due
Co.
bonds,
mortgage bonds, due 1980,
debentures,
Inc.
10,000
Public'Service
refunding
,
(June),
D,
3%%
fund
due
fund
(July).
234%
$2,000,000
•Consolidated-Gas
(September).
4%
Co.
Qo.
Credit
1979,
due
j
1954-1957,
1974, $1,200,000
series
'
,
bonds,
sinking
(January).
$250,000
$20,000,000
Commonwealth
,
mtge.
(June).
first
sinking
(Continental
Telegraph
Co.
1964,
.Community
$2,000,000. (June),
series 3, due
'
Co.
$15,000,000
fund
sinking
3%
5%
System,
Paper
Dec.
Dec.
,.
due
Co.
fund
3%%
$75p,000
Credit
fund
due
4'4%
notes, dated Feb.
serially 1954-1957, $11,500,000 (February).
•
loan,
10-year loan,
'
Inc.,
$25),
serially
Commercial
,
4,/2%
sinking
Locks
(par
Commercial
sinking
mortgage
(June).
Electric
Broadcasting
$800,000
loan,
fund
serial
■
Co.
Co.
1963,
pre¬
T,
4%%
mortgage
(January).
serially
convertible
1959,..$5,000,000- (September).
of
$9,500,000
^Baldwin Co. 4%
2s/a%
first mortgage
(Building of pipe line.)
(Finance construction of
(Purchase of
of
(December)'.'
Avco
.bonds,-
'
35,000,000 Nassau
$600,000
subordinated
mtge. bonds, 3,/2%
Investment
$3,000,000
1,
to
due
Illinois
$5,500,000
(Automatic, Canteen
cor¬
(Refunding.)
trust bonds, series B, due Jan.
1, 1970.
pipe line for transportation of crude oil.)
•54,000,000 Michigan-Wisconsin
Associates
»Atlas
collateral
struct
due
first
cumula¬
(May).
Stores,
stock
common
;
due
1964,
$1,000,000
shares
purposes.)
purposes.)
40.000,000 Indianapolis
214% series,
4 1'4 %
-
-
Telephone
Aug..l,
(Atlas
Co.
3%%
exploration, and
1950
,
^Atlantic
$8,633,303.)
company,
(General corporate
Co.
loan,
iAtlantic;City Electric Co. 15,000 .'hares of 4.35%
stock (par $100), $1,500,000
(June)..
sinking fund collateral trust
(Refunding,'. $22,366,647; .; pur-
constituent
Electric
&
par.
1,
$550,000
Edison Co., Inc., 7.500 shares of
$5 cumulative preferred
par), .$712,500. (October)*.
(no
Atlantic
of
OCTOBER
$22,289,125 American
1,
*
1st
1979,
$22,500,000
system.)
shares
par.
l,
'Associated
semi-annually
of
Sept.
Arizona
borrow¬
.
Ice
$300,000
4»/2%
first
ji, 000,000. (April).
•
:
1974.
1,
due
400,000
of.. $100
Co.,-314".%
■
bonds,
Co.
(Expansion
par.
cumulative .^referred ;stock
pipe line system.)
.31,000,000 .West
nctes
•
(Construction
Transmission
$5
of
1961.
bank
-
2.7%
Co.
1,
(Refund
of
Co.
Glass
iArizona Edison
March
Bullock's,, Inc.,
April
Co.
(March).
Arkansas-Missouri
$10,000,000
due
mortgage,
15-year
American Locpmofive .Co. .15-year 3'/2%
stock
common
4%
'
234%
construction
SEPTEMBER
•
Co.," Inc.'
Tiling
1961,
&
Commercial, Credit
20-year
Supply Corp.
$1,250,000 (January).
fAmerican
Electric
value.
par
Co.
Aug.
$100),
American .Investment
'
19,452,480 -Philadelphia
of
Power
due
due
quarterly,
Georgia 10,000 shares
$1,000,000 (December).
Hospital
1968,
American
$5,000,COO
$15,000,000 Northern
(par
of
preferred
(October).
2%%
notes,
bonds,
(April).
4'/2%
Co.
Co.
Encaustic
first
$1,000,000
Discount
ferred
fund
pipeline
preference-
(June).
mortgage
12-year
$4,800,000 (October).
1964, .$7,500,OQO
:C6l6nial
414%
serial
314%
Co.
Broadcasting
314%
(Install
AUGUST
.
15.
Line
American
•
1969.
Barge
1,
414%
shares of
$600,000
Inc., first mortgage sinking
$2,500,000 (November).
Gas
cumulative
(June).
$100),
(par
Corp.
Oct.
Counties
Columbia
Hotel
American
purposes,
l
July
increase
Oil
due July
.
Line
1
.July
due
Power Co. first mortgage bonds, 2% %
series, due
(Repay short-term bank loans, finance construction.)
150,000,000 Standard
,
Pipe
dated
to
loan
capital
•'
Lakes
facilities
subordinated
..MAY .1.
.Combined
American
Co.
promissory
Colonial
mtge.
(August).
JULY
fund
(August)
Textiles, Ltd., 10-year
$1,000,000 (September).
Ambassador
(Repay bank loan.)
sinking
Coast
Equipment,
Coal
$4
Washington, Pa. 6,000
Building Cc. first
$1,000,000 (January),
Foods,
1, 1964,
May
of
(March).
$500,000
of
stock
;Clin*ton Industries, Inc.
Louis)
1964,
due
$16,000,000
Co.
shares
7
Washington, Pa. first mortgage bonds, series C,
1974,
1966,
bonds, due
1950-1957,
bonds,
of
Terminals
Clinchfield
(May).
Gas *
1,
1959,
3 Vz'Jo
sinking
1,
Water
200,000
$20,000,000
Co.
preferred
Cleveland
.
bonds, due 1969, $550,000 (June).
serial
Amalgamated
(Finance construction program.)
Corp.
Finance
Feb.
•
bonds,
April
tive
Corp.
par),
Water
May,],
1st mtge.
3:14 %
3 Vn'/c
Alabama-Tennessee
»
.
Inc.
notes, $2,000,000
Affiliated
,
shares
due
have
we
(June).
Ships,
Aetna
series
(Purchase
common
-
(April).
equipment.)
10,403,020 Columbia Gas Systems, Inc. 1,040,302
par).
(Finance construction.)
10,000,000
A-C
•
12,480,000 Southern
Co.
Financial
(.110
Clinton
Gas
Electric ■ Light
&
Power Co. of Balti¬
219,546 shares of common stock.
(Construction and
improvements and general corporate purposes.)
,
Electric
T.
stock
Citizens
.Citizens
list of all private issues which
a
reported during the year 1949:
Abington
Consolidated
more
,i
314%
Corp.
(655)
C." I.
It ought
misunderstanding of
the figures, that the compilation is only of
security issues
Abington Electric Co. 314%
15,000,000 Worthington
CHRONICLE
and does, not include bank loans.
serially
repayment
FINANCIAL
be made clear to avoid
any
Following is
secured
(Refunding
due
&
detailed compilation of the capital flotations.
also to
(Retire
,■
due
i
loan.
loans.)
Trans-Arabian
to
•
Co,"
(Re¬
additions, etc.)
'
15,000,000 American
debentures.
COMMERCIAL
Plywood Corp.
10-year 414%
loan, $750,000 (January).
!P
common
.cumulative
stock, $500,000 (June).
preferred
stock
Gimbel
Brothers, Inc.
$10,000,000
(par
314%
sinking fund debentures, due May
(January).
$100),
Ginn
&
Co.
15-year 3%%
notes, $2,200,000
(August),
1,
1961,
beginning Jan. 1, 1950,
Goldsmith
dated
1,
1953,
Muncie
due
$1.000,OCO
3%% bonds, due 1976,
first mortgage
Gulf Public Service Co.
4.40% preferred stock (par
60,000 shares of
Co.
Nassau
$6,000,000 (October).
and 3%% promissory
1, 1949 and May 1, 1964, $5,000,000 (May).
bonds, series B, 3%,
due Feb. 1, 1974,
promissory notes, due Jan. 1,
1969, $15,000,000
3%
Co.
Hartford Gas Co. first mortgage
$5,000,000
July
F.)
1, 1961, $800,000
notes, due Oct.
4%
Corp.
mortgage 3%-4% bonds, due
(December).
3(4% loan, $2,500,000 (June).
3% 30-year debentures, due Sept. 1, 1979,
Brothers, Inc., first
<fc
15-year
Power Co.
$5,000,000 (August).
Water
Natural
1,
due
000
debentures, $1,500,-
convertible 4%
Co. subordinated
Gas
Securities
$10,000,000
1859,
3% bonds, due Aug. 1,
York
3%
Jan.
$1,000,000
3(4 %
Co.
1979,
due
bonds,
mortgage
first
1,
&
sinking fund debentures, due
3(47*
Co.
Power
Jaiitzen
Inc.,
Mills,
July 1,
(October).
repayable
notes,
instalment
$100)
Weston
Products,
bonds,
mortgage
Gas
14
over
series
3(47*,
A
due
3(4%
Plains
June
Steel
first
Co.
mortgage
2%%
bonds,
due
Ohio
series,
Sessions
&
$1,500,000
(May).
$2,400,000
common
stock
York,
first mortgage bends,
4(4%
15-year
due Oct.
1,
'
'
f. '
bonds, due 1959, $500,000
33/»7*
promissory
Old
bonds, series B, 3'/»7*,
15,
due Jan.
note,
1964,
Co., Inc.,
first
mortgage bonds, due June
mortgage
3(4%
bonds,
Corp.
(February).
preferred stock (par $100),
3%
Co.
Corp.
first
bonds,
mortgage
Co.
first
bonds,
mortgage
3(4%
series,
000
Marine
&
par,
debenture
bonds,
series
B, due
to
$5,000,000
1968,
3 (4 7*
Corp.,
notes,
due
Feb.
1964,
15,
debentures,
due
Jan.
1,
1969,
1950,
notes,
Water
Corp.
3!47«
25-year bonds, $1,750,000(
due-July
1,
$15,000,000
1969,
1,
3(4%
Co.
1950-1959, $450,-
debentures, due
" " '' '
:
Co.
37*
15-year 47*
Inc.,
instalment notes,
due
$15,000,000
private
Nov.
due
Dec.
1,
1968,
$15,000,000
1950-
1,
mortgage bonds, due Nov.
placements since
Last 6 Mos.
194
136
—$1,185,109,369
Percent of total volume
1948—Number
of
1
1937
issues
240
Total Year
Volume
'
40.2
4
218
458
41.1
44.4
42.8
194
issues
243
Foundation,
4 >/2 7*
20-year first
mortgage bonds,
(April).
of
27.3
issues
39.2
$400,000
80
.
Volume
3(4%
first mortgage
bonds,
Nov.
due
of
Gas
due Jan.
<
1,
&
Electric
mortgage
3(4%
bonds,
165
245
35.5
Volume
117
1Mid-Valley Pipe Line Co. 3%%
$33,000,000 (October).
1967,
21.4
Kfid-Valley Pipe Line Co.
$16,500,000 (October).
-Jdilinesota
,
Valley
1966, $4,000,000
37c
sinking
fund bonds, due
Jan.
,
Co.
334%
sinking
fund
debentures,
due
3,600,000
Missouri
first preferred mortgage
bonds,
payable serially over 15
years,
(April).
Edison
Co.
debentures,
$150,000 ^February).
Mode O'Day Corp. 3*4%
sinking fund note, due Sept.
«i£onongabela
Dec.
(November).
Valley Water Co. first mortgage 2%%
1, 19/*,
uUU /December,).
1,
1964,
93
64.4
41.6
87
$538,562,300
$418,775,000
$957,337,300
38.0
34.8
36.6
65
92
157
$326,959,904
$507,580,385
$834,540,289
29.6
30.6
bonds,
due
mortgage bonds,
due
'
•
3(4 7*
first
due
note,
$250,000
1958,
issues
;
;
66
71
137
$309,980,000
$418,577,500
35.3
33.2
51
76
127
$229,828,780
$450,683,000
$680,511,780
Percent of total volume
Percent of total volume
3% promissory notes, due Feb. 1, 1959,
loan,
subordinated
4(4%
$120,000
and
June
4(4%
(April).
1,
fund
sinking
due
$60,000
$600,000
1959,
debentures,
due
sinking fund debentures, due
15-year 4%
(November).
15-year 4(4 %
City,
mortgage loan,
debentures, due 1969, $4,000,000 (September).
Co.
sinking
fund
loan (average interest rate 3.056%), due
$15,000,000 (April).
Co.
first mortgage 334 7*
bonds, series due Feb. 1,
(April).
Line Co.
Pipe
notes, due serially to 1962, $15,-
2.5534
(June).
Pipe
Line
Co.
1951-July 1, 1962, $15,000,000
loan
2.55%
(guaranteed), due Jan.
1,
(January).
Pipe Line Corp. first mortgage pipe line bonds,
Gas
Transcontinental
(June).
series, due 1969, $143,000,000
37'«%
4(47*
Pipe Line Co.
Power
Trans-Arabian
Co.
3(4% -374%
Co.
10-year
notes,
1950-1969,
due
$2,000,000
loan,
1950-1959,
(April).
Coal
Truax-Traer
37*-3(4 7#
term
due
$520,800 (June).
7
Tucson
■
Gas,
Electric Light & Power Co. first
$3,500,000 (April).
- .
mortgage bonds, 3(4%
•series due-1979,
Union
*,
-
30.8
31.8
64
53
$150,311,0941
$456,302,094
17.1
23.3
18.7
of California 2(4%
promissory notes; due Nov. 1, 1974,
United
v
States
Spring
&
Bumper
Co.
4(4%
10-year
due
I
of Pa. 3(4% first
Sept. 1, 1965, $500,000 (April).7 ,
Telephone
Co.
Upstate Telephone Corp. 3(4%
000 (November).- •
Vacuum
$900,000
loan,
(April).
Foods
Corp.
110,000
series A,
mortgage bonds,
first mortgage bonds, due 1979, $1,200,'
shares
'
of
7
common
stock,
.
$1,100,000
111
$305,991,000
Oil Co.
$40,000,000 (October).
$728,557,500
30.7
-
issues
Volume
1979,
30.2
33.8
1937—Number of issues
Monohgahela Valley Water Co. 2.750 shares of 4.20%
cumulative
preferred stock, series A (par $100), $275,000 (December).
bonds, due 1979,
3(4%
promissory notes, due April 1,
Apartments, N. Y.
Tower
219
Percent of total volume
of
'
Corp.
Gas
Electric Co, 3%
Water
United
Volume
2.90%
Corp.
$10,500,000
Terrace
000,000
$433,934,550
31.2
■
issues
Volume
bonds, series A,
25.2
55
128
—L
of
1977
$272,897,500
27.4
Percent of total volume
1938—Number
$180,977,560-
$210,664,850
issues
,
of
2(4%
mortgage
first
Propane Gas Corp.
Trans-Arabian
58
38
Percent of total volume
1939—Number
note, due Oct. 15, 1964, $750,000
30
22.2
issues
Volume
1940—Number
Volume
4 V2 %
Mojud Hosiery Co. 15-year 37c
$1,500,pOO (August).
due
!
of
first mortgage
subordinate
1951-1958,
1,
1978, $1,500,000
140
$223,2G9,700
of
1974,
27.4
$91,920,000
^
Volume
1941—Number
4%
_
4'/2%
Finance
&
$1,000,000 annually,
Tide
$869,990,739
23.1
25
Issues
Percent of total volume,.;
(March)." v '
Mississippi River Fuel Corp. Xirst mortgage pipeline sinking fund 3 V* %
bonds, series A, due Nov. 1, 1965, $20,000,000 (March).
Mississippi Valley Barge Line Co.
80
$499,148,114-
36.4
Percent of total volume
1957,
1,
1942—Number
Canning
of
due
-
(New Jersey)
June
Texas-Empire
$722,001,687 $1,283,561,681
17.6
20.8
60
$370,842,625
Volume
...
'
7
Percent of total volume
1943—Number
3%,
(January).
Truax-Traer- Coal
sinking fund bonds, due Jan. 1,
Co.
(Cleveland! first mortgage
bonds, due May 1, 1966, $1,000,000 (March).
182
$561,560,000
Volume
line
pipe
bonds,
mortgage
first
Telephone Co.
Corp.
Propane
Terminal
B,
1979, $300,000 (May).
series,
due
(April).
1964,
1,
Tampa
25.2
65
1944—Number of shares
jWichlg-an-Wisconsln Pipe Line Co.. 3%%- first mortgage
bonds, due Sept. 1, 1968, $54,000,000 (October).
-
series
series
debentures,
$6,500,000 (May).
34.0
14.0
issues
Percent of total volume
first
Co.
Co.
"
1972, $1,055,000
1,
Sutton
.
Jfcichigan
Loan
Suburban
$450,826,055 $1,221,719,324 $1,672,545,379
Percent of total voiume
1945—Number
Co.
3(4 %
bonds,
mortgage
3(4%
Co.
(August).
(November).
Wicbigan .Associated Telephone
'
1979, $2,500,000 (July).
<
series,
$300,000
.
(Indiana)
Oil Co.
437
$758,691,200 $1,388,893,599 $2,147,584,799
—
Percent of total volume
1946—Number
20-y)ar unsecured loan, $20,000,000
first
Telephone. Co.
States
Standard Oil Co.
36.6
(March).
fcfathieson Chemical Corp.
bonds,
328
—$1,396,705,750 $1,395,982,395 $2,792,688,145
1947—Number of
loan, $3,500,000 (September).
Co.
(May).
Factors
Standard
is
$762,742,500 $1,947,851,869
34.8
Percent of total volume
promissory note, thte March 1, 1961, $2,000,-
Jdangel Stores Corp. 37/a%
Menninger
Standard
(January).
Mahon Co. 15-year 3Yt%
5%
mortgage
FINANCING
1st 6 Mos.
1,
due
(March).
$750,000 (December).'
1975,
Suburban
CORPORATE
issues
Volume
10-year first
notes,
$10,000,000
$800,000 (December).
IdeCarthy Chemical Co. 4%
first
Inc.,
Service
State
Southwestern
Dec.
Volume
fund bonds, 3%
first mortgage sinking
Service
Public
$50,000,000
given in the following table:
November).
bonds,
bonds, series B, due
(December).
$600,000
annually
Long Island Lighting Co. 20-year 3%% debentures, $16,000,000 (June).
mortgage
first
first mortgage 3 Ya %
Service
Public
Southwestern
1975,
30-year first mortgage bonds, due March
of all
of
3%%
Co.
Gas
(January).
Service
Public
Southwestern
State
1949—Number
1,
(February).
PRIVATE
Carbonic
1964,
Nov.
(March).)
Public
$75,000,000
summary
&
Mills,
1979, $4,000,000
Southwestern
(January).
A
1,
'
-
$7,500,000 (March).
collateral loan note, due March 20,
3 7#
Mfg.
Glass
Lumber
$4,000,000
(January).
Owens-Illinois
•
1949, due
1,
Nov.
debentures, series A, maturing $25,000 annually from
incl., $250,000 (October).
Co.. 10,000 shares of 5% preferred stock (par $100),
Union Gas Co.
Southwestern
1979, $3,000,000 (April).
Outboard
•
dated
$2,500,000 (September).
3(4%
Co.
3(4%
1960,
April
due
loan,
(
1965, $1,500,000
Southwestern
promissory
Co.
1,
(July).
due
(September).
Co.
3(4%
Otter Tail Power
pre¬
(February).
Stores,
■
(April).
(December).
Long Island
3 (4 7*
(May).
notes, due May 1, 1969, $10,000,000
shares of 75c cumulatitve convertible
$36,000 (Juno).
3,600
ferred stock of $10
Oil
Water
May
due
notes,
$1,500,000 (May).
1978,
1,
due
(February).
Dominion
Oliver
due July 1,
bonds, series C,
mortgage 3%
first
Hibby, McNeil fc Llbby, 3%
Loan
Co.
(June).
Gas
fund
15-year
loan,
3%
1978, $3,000,000
1,
Jan.
(September).
Natural
334%
Co.
25-year
Pittsburgh Water Co.
Southwest.
first mortgage sinking fund bonds, due Aug. 1,
4(47*
(May). -7"
$1,250,000
loan,
sinking
1949,
1, 1963,
debentures, due Nov.
3(4%
•
Electric
Carolina
Nov.
1.
(August).
fcasxington Water Co. 4,000 shares of 4%%
$400,000 (August).
Liberty
Co.
1959,
Products
South
(July).
Leslie Salt Co. 15-year 3(47* sinking fund notes, $4,000,000
$500,000
to
Sonoco
$1,000,000
•' 7
.7
Telephone
'
■
promissory notes, dated April 1,
(April).
7
Strapping
Corp.
■ ■
-
$5,000,000 (October).
Southern
Co. first
Service
$1,750,000
1979,
Rubber
$165,000
(January).
'Lexington Water Co.
Oil
Smith, Inc., 6%
South
"
1
(June).
$700,000
3(4%
Co.
•'
$1,000,000 (January).
•
Public
10-year 4(4%-
Co.
Finance
--
preferred stock, $200,000 (August).
$2,000,000 (April).
1950
bonds,
first mortgage
4%
Corp.
1969, $75,000,000
1,
Steel
Signode
Sinclair
(January).,
Telephone
.7''
1978,
$7,500,000
(February).
Co.
1,
Oklahoma
'■
'feaehigh Coal & Navigation Co. 4(4% 'general mortgage and collateral
trust bonds, series A, due Dec. 1, 1959, $6,000,000 (December).
000
A
7-;
Inc. 3.20%
Industries,
1969, $4,000,000
debentures, due
*
■ •
$5,000,000 (May).
stock
(October).
1964, $2,600,000
bonds,
first mortgage sinking fund
Gas Co.,
due 1969,
series,
Hamson
1958,
common
class
of
shares
2.040
Co.
Cement
Associated
due
Electric
&
1979, $1,000,000
IR. C)
A
374%
Electric <fc Power Co. 5%
Steel
series B, due Nov. 2,
bonds,
mortgage 3%
Power Co.
&
Scruggs-Vandervoort-Barney, Inc.
$2,000,000 (March).
Scullin
1951-
(June).
Electric
Seaboard
class
of
shares
1,960
Co.
Telephone
Ohio
.Northwestern
1959,
due
first mortgage bonds,
Hake Superior District Power Co. first mortgage
1964,
due
5% subordinated debentures, series B,
(January).
Hotel, New
(February).
(October).
Ohio
Keliing Nut Co. 10-year unsecured loan, $1,000,000 (November).
Lucky
mortgage
'
Northern
Works first
Water
San Jose
Schenlcy
first
30-year
cumulative preferred stock,
7,000 shares of 4(4%
Water Co.
bonds,
:
2.80%
Corp.
Gas
Electric Mfg. Co. first mortgage 4(47#
North
1, 1979, $3,000,000 (December).
Liquid
;
:
25-year 3(4%
due
C,
Line Co. 2.7% notes, due semi-annually April 1,
1961, $12,500,000 (September).
1,
due
3(47*
Inc.,
Kansas-Nebraska Natural
Lion
mortgage
series
bonds,
Pipe
Savannah
(January).
$196,000
$2,000,000
1963,
North
$4*500,000 (December).
Kansas
1979,
&
Steel
American
$1,650,000 (July).
1979,
Metal
first
Co.
Works
Water
due
$500,000
(Feb¬
$1,250,000
1959,
1,
27/a%
mortgage
(par $100), $700,000 (December).
Lake
Savannah
$500,000 (January).
years,
Dec.
bonds,
3(4%
Co.
Steel
1971, $300,000
10-year serial notes, $500,000
Kaiser
bonds, due 1974, $1,200,-
Feb.
due
note,
first
Co.
$650,000 (December).
1979,
Joseph
Salt
Oct.
mortgage
first
Co.
;7
Electric
"
James Manufacturing Co.
Joplin
Gas
1964, $400,000
$2,250,000
$4,000,000 (November).
Knitting
serially
due
note,
(December).
Light
1,
1974,
(June).
Electric
1969,
first
Co.
(November).
State
■
Iowa
fund
promissory
4%
Water
Joseph
series A
4(4%-4(4%
Richmond
($100), $204,000
par
trust
Interprovincial Pipe Line Co. 3(4% first mortgage and collateral
bonds, series B, due Jan. 1, 1970, $35,000,000 (October).
St.
(November).
$450,000
preferred stock, $600,000 (February).
ruary).
series A,
bonds, due 1979, $10,000,000 (November).
North
Telephone
Coip.
(February).
$6,000,000
15-year loan,
Inc.
(August).-
Newman-Crosley
1, 1969, $3,500,000
due March
notes,
3%
first mortgage bonds,
Michigan
sinking fund debentures, due Oct. 1,
25-year 2.85%
& Co.,
Bros.
Rosenberg Bros. & Co., Inc.
$250,000
1959,
sinking fund notes, due July 1,
4(4%
(July).
Oil Corp.
due March
New
Co-.
of
Telephone
Newman-Crosley
(April).
Interstate
1,
July
due
1974, $40,-
promissory notes, due May 1,
$25,000,000 (October).
1975, $500,000
&
York
(par
Machinery Co. 3%
Milling
(Sep¬
$4,000,000
1964,
Light Co., first mortgage 37*
$500,000 (June).
12-year debentures, due 1953-
1960,'$4,250,000 I June).
International
notes,
mortgage
Corp.
Newman-Crosley
note, due serially to 1963,
3(4%
cigar
International
1,
Aug.
series,
promissory notes, due March 1, 1969, $5,000,000
Sugars, Inc.,
&
Syrups
$2,000,000
1974,
(May).
due Feb. 15,
debentures,
3(47#
10-year
Corp.
1971,
1,
Nelson
$2,225,000
f
(January).
Interchemical Corp.
first
Co.
Utilities
Aug.
1974, $2,000,000 (July).
Institutional
due
cumulative
bonds, 33/e%
mortgage
(May).
Rosenberg
Rowe
Jersey
(August).
bonds,., due
first mortgage
3%%
Inc., first mortgage
Water Co,,
&
Co.
Telephone
(January).
$2,500,000
1979,
notes,
first
(January).
Packing Co. 3%
1964,
preferred stock of
4%%
shares of
bonds,
bonds, series B,
4(4 %
15,000 shares of
$1,500,000 (October).
Mexico
New
America 3%
Corp. of
3(47#
mortgage
(March),
1959,
1,
St.
Haven Gas
New
New
Associated
Indiana
March
to
1964, $5,000,000 (May).
notes, due May 1,
Co. 15,009
(June).
3(47*
Co.
New
New
(August).
Indiana
due
sinking
March 1, 1950-1961, $660,000 (March).
(November).
Indian Motocycle
notes
debenture
of
Co.
first
Colorado
$100),
(par
1977, $2,000,000
Refined
Gas
Co.
Tool
(Herman)
$12,000,000
1979,
bonds, due
mortgage
2first
Co.
3%
Co.
mortgage 3%%
25-year lirst
Co.
Co.
(March).
of
Co.
Service
000,000
Rath
$1,500,000
Tea
National
000
promissory notes, due 1950-1959,
Food
Power
Service
due
$1),
(par
stock
(July).
bonds, series C, 3%,
(W.
Products Corp. 4 (47*
$2,500,000 (February).
Idaho
capital
of
shares
66,013
Inc.,
Cylinder
National
sinking
3(47*
first mortgage 20-year
1969, $4,000,000 (January).
Va.) Water Corp. first mortgage
due Sept. 1, 1979, $500,000 (September).
Hygrade
$1),
(par
Light
Gas
1961, $250,000
Public
Nov.
Corp.
Gas
due Jan.
bonds,
fund
Huntington
stock
capital
of
tember).
vember).
Houston
1,
(March).
par,
National
$5,000,000 (No¬
promissory notes, due 1964,
3%
Co.
Horne
(Joseph)
Aug.
1958, $35,500,000
to
(April).
Battery
National
1950-1969, $2,000,000
Holly Sugar Corp.
Holyoke
shares
174,000
Inc.,
National Container Corp. 4%
$100
(G.
1,
to
due
due serially
note,
due
(May).
$3,000,000
(June).
(Me.)
preferred stock
$5,000,000
(Octobek).
Heublein
serially
repayable
loan,
3.6%
Inc.,
Coke
&
Gas
(Ore.)
$3,500,000
Richfield
Products
Steel
Hercules
3(4%
Co.
Heller
(Marchi.
E. >
(Walter
19G2,
Portland
3%%
Inc.
Airlines,
National
$800,000 (June).
promissory note, due Feb. 1, 1964,
10-year 4% notes,
(Ohio)
Portland
(June).
bonds,
3V2%
mortgage
15-year sinking fund notes,
Inc.,
Works Co. first mortgage bonds, series C, 3%,
$500,000 (September).
1979,
first
1964,
1,
Radio
(April).
Heifer Brothers Co.
Nov.
(March).
$429,084
of common stock (par 50c), $51,548
Coke & Chemical Co.
$1,500,000 (June).
Pittsburgh
Plough,
Water
1,
Airlines,
$957,000
National
Heinz Co. 2.90%
mortgage bonds, due
first
30-year
(April).
Public
Uunei.
$1,500,000
(H. J.)
3V-j%
Co.
Power
Associates,
National
lien 4(4% sinking fund bonds, due
(June).
$550,000
1964,
bonds, due 1979,
first mortgage
3 (4 %
Pig'n Whistle Corp. 14,728 shares
(October).
notes maturing
Chemical
Harshaw
Nov.
(Ind.)
$1,000,000
States Utilities
$100),
States
Aug.
1,
May
promissory
(April).
Munsingwear,
(April).
Gulf
$2,500,000
2.85%
Inc.,
Transport Co,
(June).
&
1964, $7,500,600
1,
Telephone Corp.
(April).
Pennsylvania
notes, due 1957, $1,000,000 (June).
promissory note, due Nov. 1, 1961, $2,500,000
Corp. 3%
April t, 1979, $2,000,000
beginning
semi-annually
$66,500
4%
loan,
due
$1,600,000 (August).
Brothers
Grinnell
Mountain
due June
Peoples Eridge Corp. first collateral
(November).
(July).
3%% first mortgage sinking fund bonds,
Greyhound Building Corp.
$6,000,000 (November).
1964,
1,
Feb.
due
debentures,
35/a%
Inc.,
Co.,
Petroleum
American
Pan
notes
Corp. 8-year 3'/*%
Motor Finance
Motor Products
debentures,
3(4%
20-year sinking fund
July 1, 1949, due July 1, 1969, $55,000,000
1972,
due
(March).
$2,000,000
Co.
Line
Pipe
Lakes
Feb.
Morrison-Knudsen
dated Sept. 1, 1950, due
Grayson-ftobinson Stores, Inc., 4% notes,
Sept. 1, 1961, $5,500,000 (September).
Great
sinking fund deben¬
Smelting & Refining Co. 4%%
1, 1959, $750,000 (April).
Bros.
bonds,
mortgage
first
3'/a%
Co.
(September).
$1,500,000
due March
tures,
Utilities
Montana-Dakota
$300,000 annually
loan, repayable
$5,000,000 (March).
15-year 4%
Gladding, McBean L Co,
Monday, February 13, 1950
FINANCIAL CHRONICLE
&
COMMERCIAL
THE
(656)
-
(March).
^
"
117
Van
Camp
(June).
Sea Food Co., Inc. 4%
note, due May 31, 1961, $2,000,000
Volume
Van
De
1964.
171
Kamp's
Holland
$500,000
Victor
Number 4881
Dutch-
Corp.
-
(February).
Virginia
Electric
bonds,
series
&
E,. due
Warren
Petroleum
Warren
(Ohio!
$100,000
Power
March
Corp.
Tenninal
Virginia
due. 1979,
May
Co.
Water
"
.
.
promissory
and
due
Feb,
1,
1975,
*
note,
refunding
$2,200,000
certificates,
April
due
mortgage
1964.
(December).
$4,550,000
common
stock
2V2%
mortgage
bonds,
(no
series
Light
Nov.1,
&
1969,
Western
par),
first
Co.'
mortgage
3Va%
bonds,
Maryland
series,
Ry.
CHRONICLE
veterans
of
new
capital
borrowed
1939.
-
loans
1949, as distinguished.,
substantially greater than
was
fund
sinking
due
notes,
$2,907,027,866
1948
bonds
sinking
series F;
due
2,686,218,617
mortgage
general
20-year
bonds,
$2,000,000
$2.802.141,548
82,060,358
2,604,158,259
43,849,187
2,228,248,825
208,253,309
952,242,867
794,740,667
323,843,500
470,897,167
638,909,818
404,000,156
1945
1943
259,481,836
342,440,313
952,615,173
434.509.900
518.105,273
1,234,916,402
477,764,723
193.079,000
930,822,000
Natural
Gas
Co.
3%.
first
mortgage
bonds,
SUMMARY
$3,500,000
Below
New
Cap
Wichita
Co,
secured
Water
Co.
1979, $1,450,000
Winn
&
1969;
Winn A: Lovett
mortgage
loan,
bonds,
Power
Lothrop
March
1,1969,
Worthington
C,
3%,
due
June
1,
(June).
Pump
Co.
first
subordinated
notes,
due
*199,792,612
March_____—:
.174,381,015
1968, $3,800,000
mortgage
37v
bonds,
due
series
May
(Pa.)
(Washington,
•
1977,
D.
Total
notds,
promissory
Maohinery Corp.
3 V*%
20-year
loan,
$15,000,000
County
Gas
Co.
first
mortgage
3%%
bonds,
due
1979.
Canadian
vestors
in
interest
U.' S:
*
the
United
States.
rate, mature
dollars/
through
They
were
group of United States and
a
headed
The bonds carry a 2%%
1974, and are payable in
soldr at 10014 and interest
Sept: 1\
by
Morgan
used
to
dian
National
refund
Stanley &
$75,000,00
Ry.
and
Co.
Canadian bankers
The
proceeds
were
outstanding bonds of Cana¬
$19,000,000 bonds of Harbor
Commissioned of Montreal; the remainder being added
to general funds of the Government.
In March, an issue
of.
$16,000,000 Kingdom of Belgium 3% sinking fund
bonds, due March 1, 1969 were placed privately with a
of institutional investors through Morgan Stanley
group
Co. and
Smith, Barney & Co.
In the past 18 years or so
foreign issues have been of
only modest size, but in the period of 1924 to 1930, in¬
clusive, a really important volume- of financing was
undertaken
and
in
the
United
corporate entities.
gate
of
States
Imthose
$9,119,501,306
such
by" foreign municipal
seven
issues
years,
were
GRAND SUMMARY OF FOREIGN ISSUES PLACED
(INCLUDING CANADA, ITS PROVINCES AND
Calendar Years
1949..—______
New
Capital
while
$14,527,551,-
UNITED
STATES
MUNICIPALITIES)
Refunding
$88,275,000
:___
1948.-
IN
aggre¬
an
floated,
from 1919 to date, the grand total has been
982.
Total
$94,000,000
477.200,000
$182,275,000
________
-
477.200.000
149,004,997
87,978,500
236,983,497
188,051,500
196,792,000
98,549,100
21,000,000
59,353,500
107,723,972
80,353,50(
2,250,000
-
8,741,000
9,174,872
1946..
108,000,000
110,250,000
•
1945—
1944
1943
._
'
1942
421,875
1941-
421,875
*
-
4,000,000
1940
4,000,000
;
1939
59,250.000
147,000,000
25,062,500
1938_
1937
87,750,000
40,000,000
65,062,500
;
3,250,000
1936
219,000,000
23,000,000
222,250,000
156,500,000
116,000,000
61,200,000
61,200,000
133.332
61.600.000
61.733.332
26,015,000
40,000,000
66,015,000
1934
1933
1,348,104
1,405,643
107,694.076
216,822,024
1,425,092,073
1,582,038,128
17,864,873
1,599,903,001
1,327.307,979
245,194,731
117,931,456
23G;979,943
118,485,288
273,114,973
1,972,015
49,813,104
119,903,471
286,793,047
124,429,347
185,481,295
11,463,154
2,946,024
135,892,501
1,283,913
119,749,201
277,207,313
277,694.429
6,047,116
279,162,089
113,646,598
487,116
4,793,014
2,127,905
151,793,014
100,736,198
2,971,432
128,914,794
99,440,095
1,897,603
2,021,813
10!,461,908-
23,608,724
924,549,570
-1,195,000
174,981,416
-
317,605,211
-
238,104,705
22.014,603
251,134,308
57,017,268
254,915,422.
149,665,109
125,943,362
1,593,184,396
88,151,397 .1,481,935,793
1,022,120,131
2,802,741,548
104,286,318 2,907,027,866
2,604,158,259
Treasury Financing in December
„
253,722,000..
1970
14,500,000
757,837,569
.
1,319,167,987
1927________^_„__
1,561,119,925
1,145,099,740
1926_
1,135,779,390
22,032,717
'
268,222,000
126,566,000
1,009,213,390
1929
1928
779,870,286
257,052,913
163,564,500
1,576,820,900
1,724,684,425
* 204,693,300
1925—1,086,160.500
^
1,349.793,040
1923
1922
221,147,000
1,307,307,500
996,570,320
248,225,445
1,244,795,765
280,274,600
1924
79,941,679
360,216,279
759,776,034
634,511,034
125,265,000
192I_
527,517,000
50,000,000
1920
383.450.887
138.998.000
522,449 nan
1919
342,130,300
263,429,000
605,559,300
Farm
Loan
and
Government
577,5 1 7,000.
Financing in this classification consisted of obligations
of the Federal-Intermediate Credit Banks and
Home
Loan
Banks.
eral-
the
Fed¬
Financing
by -government
agencies, which in the past decade reached huge propor¬
tions, disappeared altogether since October,. 1941, as a
new policy put into effect
by the Treasury at that time
provides for the monetary needs of these agencies to be
taken care of by direct United States
Treasury issues,
instead of by-the sale of their own
guaranteed obliga¬
tions.
The
......
total
•
«
Treasury Snyder on Dec. 19 an¬
offering, through the Federal
Reserye
Banks, of 1%% Treasury Certificates of Indebtedness
of Series A-1951, open on an
exchange basis, par for
1949 by entities
grouped under this classification aggregated $1,176,210,500 as compared with $1,062,220,000 in
1948, $661,215,000
in 1947, $86l;i50,000 in .1946 and
$937,890,000 in 1945.
calendar
borrowing
by
$2,907,027,866.
218,617 in. 1948.
any
-
calendar
The
1940,
the
record
1,523,655,000
1,000,301,000
days
1,643,140,000
1,000.580,000
99.733 f "1.C56
days
1,654,497,000
1,000,861,000
Nov 1-30 Ndv
99.737 + "1.C52
1
10-12 yrs.
383,465,451
383,465,451
will
Nov 1-30 Nov
$5,694,596,000;. which
mature
Jan.
on
1,
1950.
Cash
subscriptions will
The results of this offering will
appear
not be received.
Secretary of the Treasury Snyder on Dec. 5 announced
the offering of 1%% Treasury Notes of series
A-1954,*
on
an
exchange basis, par for par, to holders of 1%%Treasury Certificates of Indebtedness of series
H-1949,*
maturing Dec. 15, 1949, in the amount of $519,153,000,
or 2%
Treasury Bonds of 1949-51 (dated July 15, 1942)
in
the
of
of
amount
1949-52
$2,097,615,100,
(dated
Dec.
3V8%
1934)
in
15,
Treasury Bonds
the
amount
of
$491,375,100, or 2M>% Treasury Bonds,of 1949-53 (dated
15, 1936) in the amount of $1,786,109,950, all called
redemption on Dec. 15, 1949. On Dec: 15 the Sec¬
retary of the Treasury announced that $484,122,000 sub¬
scriptions were received and allotted for the certificates
Dec.
exchanged, $2,025,649,300 for the 2% bonds exchanged,
$467,378,300 for the 3V8% bonds exchanged and $1,694,-'
951,400
of
for
the
2V2%
bonds
exchanged,
$4,672,101,000 for all exchanges..
case
aggregate
The balance in each
an
redeemed in cash.
was
The
Secretary of the Treasury announced Nov. 10 that
all outstanding 2%
Treasury Bonds of 1950-52, dated
Oct. 19, 1942, due March 15, 1952, are called for
redemp¬
tion
on
March
15, 1950.
There are now outstanding'
$1,962,687,300 of these bonds.
The 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.
for
2,617,000
■
a
a
2,617,000- 100
323,814,800 100
323,814,800
years
November
•
,2;.-'
•
4,712,616,251
•"
Nov
25
Dec
Dec
2
Dec
8
Dec-
9
Dec
13
clays
91 days
91 days
Dec
16
Dec
.22
Dec
20
Dec
29
Dec
5
Dec
15
4 lA
Dec
5
Dec
15
Dec
5
Dec- 15
Dec
5
Dec
Dec 1-31 Dec
1
91
1,587,933,000
1.000.852 000
1,506,030,0(0
1,002,321
89,720 + *1.108
000
99.718 V *1:115"
903 483 ,000
99.718 f *1.1.15
91 days
1,486,313,000
1.524,014,000
900,408 ,000
99.725-* *1.087
91 days
1,482,239,000
900,923 ,000'"
99.725
484,122,000
2,025,649,300
484,122 .oco'ioo
1%
4'4 yrsf.
2,025,649 ,300 100
1;!»
4'/4 yrs.
467,378,300
13
4 V4 yrs.
1,694,951,400
l
10-12 yrs.
Decl-31 Dec
yrs.
467,378 ,300
11,065,000
2 yrs.
515,767,800
1
1
"1.087
1S
100
1,694,551 ,400 100
a
405,262, 047
11,065, 000 100'
495,262,047
12 yrs.
Dec 1-31 Dec
Total
STATES
Offered
TREASURY
FINANCING
Amount
Dated
Due
8
a
2
513,767, 800 100
June 28
for
six
•
DURING
c
series,
days
Price
$
91 days
1,625,606,000
1,428,487.000
1 year
5,599,446,000
91
June 20
July .1
July 1-31 July 1
July 1-31 July
July 1-31 July
Sale
of
for
disccunt
series
E
of these bonds was discontinued
series
D
began
Sept.
1948
1,
USE
*
July-
Comprised of
Yiejd
'
.
%
•
on
and
Aug. 31, 1940.
interest
Treasury
c
accrues
for
7
91
OF
FUNDS
Accepted
Refunding
$
six
months
July 14
July 21
July 28
91
day Treas.
day Treas.
44,813,935,083 39,740,939,000
900.684,000
901,722,000
99.767
0.923
July
99.766
*0.928
July
1
Tax
900,467,000 99.743
5,599,446,000 100
900,537,000
900,684,000
901,722,000
bills
900,467,000
5,599,446,000
IV*
2
510,541,644
510,541.644
7,914,500
Total
for
notes-
7,914,500
1,095,807.400
1,095.807,400
July
10,8177119,544 * 9,202,856,000
1,614^63,544,
a
7,914,500 100
5,072,996,083
900,467.000
5,599.446,000
bds.
Depositary bonds—
Antic'n
;
.-
901,722,000
*1.017
a
Savings
$
900,684,000
bills
indebt
of
S.
' *
Indebtedness
900,537,000
bills
day Treas.
91 day Treas.
U.
New
-
bills
91
Ctfs.
510,541,644
notes
each. mont*h.
Total Amount
Security
1
.
three sepa¬
maturity, are sold on a
a 12-year
maturity,
yield 2.53% and- series G"
Type of
Dated
1
7,914,500
1,095,807,400
a
10-year
maturity of 3 years intei'est approximately J.40% per annum.
Effective Aug.
11, 1949 these notes are sold at par and accrued interest
from the first day of the month in. which
purchased,
.
j
July
510.541,644
12 years
3 years
basis,
have,
If held to
99.734 + *1.052
1,696,622.000
10-12 yrs.
1
93,939,108,995
bank
a
have a 12-year
maturity, are sold at 100. and bear 2J/2%. interest,
b Comprised of separate issues
designated Treasury notes of tax series
C-1947,, C-1948, C-1949 and C-1950.
Series C earnings about 1.07%.
900,537,000
1,799,471,000
91 days
July 28
91 days
on
which
discount basis at 75, and
yield 2.90% : series F have
are-sold on a discount basis, at 74, and
July
July 22
Total
of
1849
44,813.935,083
July 15
8
10,402,182,847
12 months-—
"Average rate
rate
July
Accepted
•
.
months
July 7
July 14
July 21
July
December
$
Amount
.
.
Applied for
$,
Total
for
Total for
Total
UNITED
1,095,807,400 100
c
,
10,817,119,544
July 29
Aug
91 days
1,391,380,000
1,000,432,000
99.739-
*1.032
5
Aug 11
91
days
1,656,268,000
1,001,542,000
99.746
*1.001
Aug 12
Aug 18
99.737
Aug
4
91
day Treas.
Aug 11 ' 91 day Treas.
Aug 18
91 day Treas,
Aug
92 day" Treas.
Aug
1
U. S. Savings
bills
801,937,000
900,331,000
198,445,000
bills
1,000,432,000
1,001,542,000
bills
1,000,676,000
803,023,000
197,653,00Qr
bills
1,000,510,000
904,524,000
bds.
449,120,928
95,986.000'
449,120,928
Depositary bonds—
5.402,500
1,158,778,600
5,402,500
1,158,778,600-
•1.011
1,625,308,000
1,000,676,000
1,000,510,000
449,120,928
99.743
Aug 25
9Udays
92 days
1,585,985,000
Aug 19
101.,211,000
♦1.031
4:
Aug 1-31 Aug
1
10-12 yrs.
449,120,928
1
12 years
3 years
1,158,778,600
Aug 1-31 Aug
Aug 1-31 Aug
5,402,500
'
a
a
5,402,500 100
1,158,778,600 100
Aug
Aug
1
Total
Tax Antic'n
notes-
for'August
*5,616,462,028
3,409,865,000
c
1
91
for
Aug 26
Sep
Aug 30
Sep
Sep
Sep
Sep
Sep
9
16
!
August
day
1,620.353,000
1.001,578,000
99.734
*1.054
91
days
1,580,140,000
1,000,438,000
99.733
*1.055
91 days
1,472,193,000
.904,707,000
99.732 + *1.058
900,928,000
99.732
91
days
1,550,159,000
Sep
91 days
1,462,344,000
Aug 31
Sep
Sep 1-30 Sep
Sep 1-30 Sep
1 year
1,196,804,000
10-12 yrs.
12 years
Sep 1-30 Sep
3 years
Total
for
398,077,805
901,592,000
30
Oct
*1.062
99.728
1,196,804,000 100
398,077,805
5,107,000
5,107,000
100
496,321,500
496,321,500
*1.076
'
Oct 1-31
Oct
1
Oat 1-31
Oct
Oat 1-31
Total
Oct
Oct
for
13
Treas.
bills
1,000,438,000
day
Treas.
bills
904,707,000
904,707,000
Sep
Sep
22
91
Treas.
bills
900,928,000
900,928.000
29
91
day
day
Treas.
bills
901,592,000
900,963,000
Sep
15
Ctfs,
indebt
Savings ,bds.
1,196,804,000
1,196,804,000
Sep"
Sep
1
.
.
Sep
1
U.
of
S.
Depositary
Tkx
100
•
91 days
91
days
91 days
91 days
lyear'
1,777,093,000
1.618.878,000
6,246,740,000
10-12 yrs.
388.208,737
12 years
2.641.500
2 year3
589,436,700
October
95,850,000
629,000
398,077,805
5,107,000
5,107 000
496,321,500
496,321,500
6,805,553,305
notes-
5,709,151,000" 1,096,402,305
a
v
;
2
Total
for
September
c
Oct t
6.805.553.305
1,699,185,000
1,706,716,000
100,417 000
398,077,805
bonds—
Antic'n
901,161,000
904,588,000-
6
91
91
day Treas. bills
day Treas. bills
900,726,000
900,714,000
Oct 20- 91
.
1
7
1,001,578,000
day
91
1 Va
a
September——
6
bills
91
15
Sep.
5,616,462,028
91 days
>
Treas.
8
Sep
Total
2,206,597,008
2
Sep
27
Total
2
_
,
'
Date
20
to the payment
12 years
1
99.728+.-»1.074*
for
Oct
measure
Nov 1-30 Nov
in these columns next month.
Oct
small
Yield
*
99.73iVn:os3
90
Oct
no
1,000,977,000
91 days
21
exceptionally large volume of borrowings in 1949,
Nov
91
91
14
1948 and 1947 is due in
4
Ndv
3
17
21
record.
Nov
10
Oct
year on
28
25
Sep
is the largest,disposal of
1,608,374,000
Price*
Oct
Nov
Oct
l9^9rtotai
days
•-
Nov
states
and
municipalities
aggregated
This contrasted with a total of $2,686,-
The
$
10
Oct
reveals
Accepted
Due
18
that
year
Amount
Applied for
$
Dated
N'olv
Sep
the
43,849,187 2,272^9&1C12:
Amount
Offered
118,439;612
102,633,801
Ndv
day Treas.- bills
902,756,000
Oct
27
day
Treas. bills
900,403,000
901,722,000
900,403,000
Oct
1
6,246,740,000
6,246,-740,000
Oct
Municipal Financing for 1949
For
900,940,846
2,228,248,825
180.427,319
to holders of Treasury Certificates of Indebtedness
of Series A-1950, in the amount of
par,
Sep 23
,
volume brought out during
1,086,315,616
2,686,218,617
the
Aug
Agencies
64,195,485
Date
the
20,240,463 1,347,548,442
•
82,060;358
.
figures.
'
1932
1931
2,643,000
2,473,631
months
of
401,781,772
106.288,433
197,898,154.
Secretary
225,793,864
98,684,690"
294,129,016'
404,424,772
1,583,000
214,348,393
Total 12 months
nounced
97,481,574
292,546,016
190,113,216
229,119,705
♦Revised
631,083,118
156,942,990
285,904,613
3,915,412
6
219,874,301
942,015
7,982,015
234,119,705
._
2,908,412
10,932,073
1,203,116
2,987,312
313,620,097
December
214,861,791
182,131,201
September
October
Totel
$
115,984,763
282,917,301
624,000
3,985,114
179,500,000
116,000,000
1935
155,594,886
Refunding-
315,984,763
15,534,921
States
Government announced
630,141,103
$
"346,375,519
174,357,416
Total
United
Aug. 25 the sale
of-a $100,000,000 issue of long-term bonds to
private in¬
.
1,409,557,152
(September).
the
216,965,889
175,490,232
190,274,163..
New Capital
$
"204,073.321
Total
1,387,000
243,999,731.
1949 foreign security issues, both government
and corporate, placed in this
country aggregated $182,275,000 as compared with $477,200,000 in 1949, $236,983,497 in 1947, $196,792,500 in 1946 and
$107,723,972 in 1945.
*
months
-1947-
Refunding
6,892,104
July
During
&
6
tabulation of municipal
financing
a
MONTHS
1,697,015
681,905
August—--—.
3Va%
C.)
iMarch).
Foreign Issues Placed in
The
FIGURES'BY
New,Capital
114;287,748
1,109,217
.
"339,483,415
314,597,763
June—
present
192,894,065
*4.280,719
189,592,258
we
$
1,183.976
consequence- of
recent years with the proceeds
-1948-
$
191,710,089
April
.-
$400,000
MUNICIPAL
Total
.
$9,000,000
&
January-
November
York
OF
Refunding
$
February__"
5%
(October).
Woodward,* &•
iJunei
series
(January).
■
River
$1,500,000
$2,500,000
Grocery Co. ISVi-year 314%' notes, due
(December).
1947
secured
Lovett Grocery Co.
19'/2-year
$2,000,000 (December).
Wisconsin
due
10-year
first
Capital
in
by months since January, 1947:
-1949-
(March).
White
market
loans.
ous war
(December).
Western
the
extremely heavy in
757,151,679
1.125,901,000
1939
were
175,741,355
181,264,294
in
reappear
usually being' employed by the seller in the purchase of
Treasury securities offered in connection with the vari¬
234,909,662
435,223,191
523,704,607
1941
1940
(November)..
$104,286,318
1,160,496,166
1942
debentures,
fund
-
that
portfolio sales by banks, insurance
companies, et ah, and
public trust funds.
Such operations, it
may be added,,
New Capital
2,272,098,012
1946
1944
Cot- 3'/2 %
Refundings
These latter
only when they have
subsequently been resold by such bureaus to investment
bankers and dealers.
Moreover, the totals exclude all
For
Grand Total
placed with any Federal agencies.
included (in our tabulations
are
comparative purposes, we
give the. following tabulation of operations for the
.past
Year
9
In
during
refunding operations,
(657)
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
Sales
1947-
15-year
(May).
$1,250,000
ex-service
states.
1949
3V2V0
Telephone
to
FINANCIAL
of World War II,
during
1947
amounted
to
$2,272,098,012; 1946 were $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
due
B,
(November).
$1,750,000
several
for any year since
(May).
Co.
"bonuses"
from
(January).
Western Fruit Express Co. 2%%
equipment trust certificates,
jdue from March 1,. 1950-1964, $2,490,000 (March),.
Western
15,
2%%
of
&
several years:
first,
Service
$1,000,000
Condensing
1,
1,
COMMERCIAL
by
Telephone Co. 5,000 shares of
May 1, 1974, $1,600,000
Western
Feb.
(September).
Washington
West
first
1,
trust
due
debentures,
t
secured
Co.
loan,
.
fund
-\
15-year 4J/2 %
$15,000,000 (June).
3M>%
Inc.
sinking
10-year
Virginian Corp.
1964.
Bakers,
(March!.
Products
1959. $750,000
THE
900.328,000'.
99.732 + *1.059
900.726,000
99.735
902.756,000
99.740 + *1.027
900,403.000 ' 99.738
6,246.740,000 100
'
*1.050
+
*1.036
IV#
388,208,737.
a
2.641,500
100
-
100
•
c
-
1
Oct
Oct
91
Ctfs. .of
U.
S.
indebt
Savings
Depositary
,
1
Tax
Anti'n
900.328.000
.
.
bds.
2,641,500
notes-
589,436,700
-
12,000
1.034,000
388,208.737
bonds—
900,328,000
388,208,737 '
I
2,641.500-'
589;€36,700'
2
589.436.700
Oct
13
.
10,831,239,937
a
Total
for
October
,
10,831,239,937
(Continued
on
9,849,907,000
page
10)
981,332,53?
(Continued from page 9)
FUNDS—(Continued)
OF
USE
Type ol
New
Total Amount
Security
Dated
Accepted
*
$
3
Nov
day Treas.
bills
1,000,977,000
1,000,032,000
day Treas.
91
$
bills
1,000,301,000
Treas. bills
1,000,580,000
1,000,861,000
1,000,470,000
bds.
383,465,451
91
17
91
day
25
90
day Treas.
S. Savings
Nov
U.
1
Nov
Antic'n
Tax
1
2,617,000
November
for
Total
notes.
2,617,000
323,814,800
4,712,616,251
-
-
711,233,251
4,001,383,000
1,000,802,000
1,002,321,000
1,000.438,000
903,483,000
900,408,000
900,408,000
Dec
91
Dee
91
Treas. bills
day Treas. bi.ls
day Treas. bills
Dec
Dec
91
day Treas.
91
Dec
Treasury
notes.—-
900,923,000
484,122,000
900,923,000
Dec
Treasury
notes--—
2,025,049,300
2,025,049,300
Dec
Treasury
notes—.
_
467,378,300
Dec
Treasury
notes.-—
1,694,951,400
407,378,300
1,694,951,400
bonds
495,202,047
Depositary bondsTax Antic'n notes.
11,005,000
495,202, 047
11,065 000
515,767,800
515,707, 800
U.
Dec
Dec
Pec
Total
bills
Treas. bills
day
Savings
S.
•INTRA-GOVERNMENT
;
...
——
Tot. 6 mos.
Co.;
50.583,647
486.670
Stix
Ac
20,046,783
240,378
Inc.;
53,842,637
93,147,746
313,953
Thomas
491,514
Cummins,
9,181.100
6,902,646
20,315,178
4,732.036
29,759,176
64.298.510
32,769,317
21,820,596
15,696,485
42,867,200
49,233,458 139,002,825
765.017
29,300,280
39,733,009
55,128,199
82,694.972
453,896
Ac
Co.;
23.751.732
28,778,285
24,234,648
41,852.919
10.880,842
26,276.816
15,293,474
24,766,550
November
December
1,023,977,847
+
20,776,075
53,989,592
5,289,157
Tol. 6 mos.
Tot. cal, yr.
11.334.733
10,950,161
10,867,910
27,823,491
37,637,292
38,792,030
51,230,758
Ac
A,
230,303,135
we
*650,000
1162,000.000
47,180,000
435,448.000
Notes
482^628,000
—
C.
A:
due
Total for
Capital Flotations
bonds
Maturing Later
Long-Term Bonds and Notes (Issues
366.657,728
Total for
63,068,000
RAILROADS
303,589,728
453,657,728
August—-
•145,109,000
308,548,728
September—
——
172,450,000
63,300,728
447,543,000
;
for
*"■
556,692,272
145.550,000
•
October—
113,418"000
72,270,000
$145,550,000
41,148,000
113,418,000
217,820,000
1104,402,000
Certificates
62,000,000
27,045,000
34,955.000
Notes
42,234,000
58,070,000
$15,836,000
Certificates
—
Notes
Total
October
for
purchase
$2,500,009 Peoria
interest.
3
270.000,000
169,545,000
00,455,000
76,075,GOO
$33,549,000
Purpose,
312,526.000
245,620,000
66,906.000
to
privately
Total for December
12 months
Life Insurance Fund, National Service
life
Insurance
Fund,
Federal
Deposit
Insurance
Corporation, and
Federal Savings and Loan Insurance Corporation.
tNet retired.
System,
occurred
present
we
may
have for
&
Market
The Borden Company
4-8
Martin-Parry Corp.
Corporation
Value
Price
4,700
$17 %
—12,250
40 %
496,125
-
4-18
Burlington Mills Corp....
4-26
Peoples Gas Light
5-16
Great
Western
11
8,000
.
262,500
350,000
\
Sugar Co..
20,000
5-26
Northern States Power Co,
35,000
10%
363.125
Eastern Air Lines, Inc.,
18,200
14 "2
263,900
7-11
Great
15,000
16%
251,250
7-20
8-8
*9-13
•10-5
Western
Hilton Hotels
Crucible
Steel
common
Sugar Co
-
Harbison, Walker
10-13
10-31
Timken
11-22
Intertype Corporation
11-28
R. J. Reynolds Tobacco Co.,
12-1
May
Department
787,500
14%
383,500
13 y4
569.750
37,780
&
Sons,
Water
1,
series,
due
finance
1979.
Dec.
1,
Stone
by
16
Co., Inc.; The
Ac Co., Inc.
004,480
Colgate-Palmolive-Peet Co
•12-13
Acme Steel
First
Gas
...
Electric
&
first
Co.
mortgage
bonds,
463,819
25%
1,293,750
42%
973,250
19%
238,500
$10,242,202
451,800
Dec.
1,
1979.
Insurance
COMPLETED
Nov.
1,
Offered
■'
International Salt
1,300
Price
Sold
Value
59
685
$40,415
Issues Not Representing: New Financing
It happens
on occasion that owners of large blocks of
securities which have been outstanding for some time,
of
Electric
1979.
and
interest.
and
Inc.;
—No. of Shares-
Co.
to
Adams
Virginia;
Co.
corporate
Reliance
Lestrange
Ac
Co.;
C.
Whipple &
&
Co.;
A.
S.
Co.;
Life
by
($4024,000).
Halsey
Allison-Williams
Emerich
&
Co.,
Stuart
Co.;
Likewise
public utility holding companies com¬
plying with the Utility Holding Company Act dispose
Of their holdings of subsidiary companies through public
offerings. Similarly "special offerings" on the several
stock exchanges are included with the secondary offer¬
Inc.;
ings in
our
totals sine** 1&42.
whose securities
are
involved
Of
course
receive
the companies
no
part of the
Ellis
&
notes
new
Mutual
to
due
Dec.
Lilr
Benefit
1, 1964.
ownership
Purpose,
of Royal
notes placed in December.
Descrip¬
Purpose, for corporate pur¬
to Provident Mutual Life Insur¬
Inc.,
available.
Prudential Insurance
of
America
seven
3%73
Co.
of
America.
mortgage
bank
Purpose, refunding
improvements ($965,000).
Sold
new
years.
loan
to
($2,035,000)
privately to
Trust Co. of
Bromze
Corp.
mortgage
placed
first
mortgage 4% 73
industrial plant in
on
privately
with
Dry
Dock
20-year loan.
City,
Garden
Savings
Insti¬
,
F.)
(G,
Metal
1959.
*500,000 North
&
Brother,
Products, Inc., 3% (3 first mortgage bonds
Purpose,
to
repay
$1,140,000
bank loans,
to
purchase
equipment
from
Kalser-Frazer
Electric
Mfg. Co. first mortgage 4% <3 bonds due
Purpose, refunding ($300,000) and working capital
Sold privately to Connecticut Mutual Life
Insurance Co. through F. S. Moseley Ac Co.
1959.
($200,000).
100,000 Robinson
Tag & Label Co. 573 debentures, due $10,000
serially Nov. 1, 1950-1954 and $50,000 due Nov. 1, 1959.
Purpose, for
plant expansion and additional working
capital.
Price, par and interest.
Offered
by Oscar
Burnett
*2,000,000 Winn
&
&
Co.
Lovett
Grocery Co. 19%-year 573 subordinated
1969.
Purpose, to reimburse company and
subsidiary for acquisition of Margaret Ann Supermarkets,
Inc.
Sold privately to The Mutual Life Insurance Co. of
notes
due
York
Merrill
*3,800,000 Winn
and
Winn
Lynch,
&
&-Lovett's
Pierce,
Lovett
Fenner
Grocery
Co.
1968.
As
Pension
Sold
assets
to
of
Margaret
Northwestern
Ann
and
Merrill Lynch,
through
subsidiary
Supermarkets,
Mutual
Life
and Massachusetts Mutual Life Insurance
Co,
Ashmun Co.; A. E. Aub & Co.;
Watts & Co.; Ball, Burge
of
privately
Fund
Beane.
18%-year 3% 73 notes duo
($1,800,000)
and
balance
Purpose,
refunding
($2,000,000)
to reimburse
company
purchase
Baker,
Barret, Fitch & Co., Inc.; George K. Baum
G. Becker & Co., Inc.; Eosworth, Sullivan <Ss
for
Inc.
Insurance
Co. through
Pierce, Fenner As Beane.
$61,325,000
OIL
•$750,000 Cosden
Petroleum Co. first mortgage 3% 73
bonds du©
Purpose, to pay part of cost of new Unit.
Sold
privately to Perm. Mutual Life Ins. Co.
•5,000,000 Lion Oil Co. 373. debenture bonds, series B, due to 1968.
1956.
'
-
Field, Richards Ac Co.; First of Michigan Corp.;
Marshall; M. M. Freeman Ac Co., Inc.; Green,
Purpose, for develooment expenses and for working capSold privately to Equitable Life Assurance Society
ital.
of
Ac
.
the United States.
Anderson;
Gregory Ac Son, Inc.; Grimm Ac Co.;
Ac
Co.;
Hill
&
Co.;
The
Illinois
Co.;
Co.; A. M. Kidder Ac Co.; Loewi & Co.; Mackall
&
Coe;
Mason,
Moran
Ac
Co.;
Merrill
Lynch,
Pierce,
Fenner & Beane; E. W. Ac R. C. Miller Ac Co.; Mullaney,
Wells Ac Co.; Newhard,
Cook Ac Co.; Alfred O'Gara Ac
Heller,
15-year
first
building in
Inc.
mortgage
15-year 473
instalment notes due
Purpose, for expansion.
Sold pri¬
vately
to Massachusetts
Life
Insurance
Co.
through
Blyth Ac Co., Inc.
Arthurs,
M. Dain & Co.; Davenport & Co.;,DeHaven & Townsend, Crouter & Bodine; Dempsey & Co.; Detmer Ac Co.;
Douglas & Co., Inc.; Este & Co.; Fauset, Steele
Kaiser
to
privately
*800,000 Lucky
Stores, Inc.,
Nov,
1, 1950-1964.
Price,
Ac Co.
J.
Co.;
Society of the U. S. and
through Dean Witter & Co.
$1,210,000 for plant additions, and $1,270,000 for
working capital.
Sold privately to an institutional in¬
vestor through The First Boston Corp.
■
some
and
$880,000
John
Foster
New
Co.
over
Y„
due
American
.
&
1963.
to
National Bank of Chicago;
Bankers
York, and First National Bank of Kansas City,
New
Inc.; Stockton Broome Ac Co.; Burr Ac Co., Inc.;
Byllesby
&
Co.
(Inc.);
Byrd
Brothers;
City
Securities
Corp.; Coffin
& Burr,
Inc.;
Courts &
Co.;
involved.
privately
Inc., first mortgage 3*3bonds due July 1, 1950-1969.
Purpose, for corporate
purposes.
Sold privately to three Insurance companies.
Insurance Co.,
M.
desiring to liquidate all or part of their holdings, prefer
to do so by making a public offering of the securities
j
Purpose,
Co.,
H.
Co.
Laboratories,
B.)
Sold
J.
Mills
tution,
In¬
mortgage 2%"3 bonds
refunding
($36,976,000),
purposes
Offered
Peck;
Ac
Corp.;, Ames,
Kraus;
Assurance
not
*2,000,000 Heuhlein
first
Purpose,
Securities
Bacon,
due
note
Sold
for
N.
finance construction
Co. of Pittsburgh and Peoples Life
through Union Securities Corp,
acquisition
OFFERINGS NOT
Purpose,
surance
due
3%73
Co.
privately
Purpose,
2%%
35 y4
Life
MANUFACTURING
First
*
program.
Price,
100
and
interest.
Sold
privately to
Phoenix Mutual Life Insurance Co.; Aetna Life Insurance
&
;
and
series
Shares
Issue
Corp.
368,600
$41,000,000 Louisville Gas &
(24)
loan.
Co.
New
notes,
and
Corp.;
542,850
Co.;
through
ar.d
2%'3
interest.
Blyth &
Harriman Ripley
102.58
Securities
Webster
Boston
short-term
pay
Price,
program.
102%
11-1
Purpose,
1979.
bonds,
mortgage
47
due
investors
Co.
Sold
*4,500,000 Kaiser
38
•Oversubscribed.
Date
first
Co,
Ac
Oversubscribed.
*3,000,000 Kansas
ETC.
institutional
expansion,
issue
mature
construction program,
32%
168,603
of
*3,000.000 Flour
series
22,900
Corn
Co.....
SPECIAL
Purpose, for
bonds,
9,700
-
interest.
Co.
Paper
Corp. 3% 73
purchase control
tion
Red-
Co.
2%73
mortgage
12,000
•12-12
Offerings
Cooley &
and
13,158
50,000
,
common.
United
Total
Parker At
Auchincloss,
Inc.;
$7,500,000 Iowa Power & Light Co. first mortgage bonds, 2%73 series
due 1979.
Purpose, for acquisition and construction of
additional
property
and
to
repay
promissory
notes.
Price, 102% and interest.
Offered by Halsey, Stuart &
Co.
Inc.;
Mullaney, Wells Ac
Co.;
Otis & Co.; Stern
Brothers & Co.; Thomas & Co., and Wheelock Ac Cummins,
Inc.
Purpose,
companies.
Corp.;
construction
Offered
1975.
accrued
and
COPPER,
Insurance
*2,000,000 Garrett & Co.,
repay
5,150
class B
*
2% 53
to
first
Co.
Utilities
States
1,
Sokl
mort¬
through stock
Paper Works,
Inc.,
and Lorimer Investment Co.
privately to Prudential Insurance Co. of America
through The First Boston Corp.
insurance
11,550
...
*12-8
States Steel
31%
26,000
Co..
'i' v-es
Sterling Drug Co.,
378,400
43,000
Axle Co., common
Machine Ar Foundry Co.
United States Line*
"21%
25,000
Detroit
11-22
♦11-29
180,000
17.600
American
to
500.950
36
Refractories Co.,
Phiico Corp.
11-1
98,750
58%
5,000
—
9%
8,600
preference——
common
v
17%
10,000
—
Co.,
H. J. Heinz, common
six
of
group
a
Co.
Purpose,
William Blair Ac Co.
$10,000,000 Gulf
6-21
'
Light
&
1974,
due Nov.
refunding
Sold
Solcl privately.
532,290
105
2,500
C,
101%
mortgage
costs.
Lace
1,
Power
Rollins
H.
first
Light
Dec.
*350,000 Davenport
88,000
13%
38,712
Coke Co......
to
Life
(Allen
N.
*1,500,000 General
path;
$82,250
-
and
com¬
insur¬
an
Inc.
3%%
insurance
AND
&
finance
Life
Mont
Insurance
sinking fund deben¬
bank loans, and lor
additions,
extensions
and
Improvements
to
property.
Price, 99%
and
interest.
Offered
by Carl M.
Loeb,
Rhoades Ac Co,; Blair Ac Co., Inc.; Dick Ac Merle-Smith;
COMPLETED
to
Co.
due March
Price,
two
*5,000,060 Eastern
Co.
due
Ac
first
Co.
series E,
with
Pulp
to
York
*750,000 Du
&
Illinois
due
Power
&
bonds,
Equitable
New
through
Co.
Sons,
ance
E.
2-3
Mogul
to
Co.
Insurance
Life Insurance
Co. first mortgage
bonds, 2%r3
1979. * Purposes refunding ($7,378,000);
repay
bank loans and for construction expenses
<$5,122,0001;
Price, 100.935 and interest.
Offered by Leh¬
man
Brothers; Bear, Stearns Ac Co.; E.
H. Rollins &
Sons Incorporated;
L. F. Rothschild Ac Co., and Baehe
series
Co.
2%7S>
the
part
Packing Corp.
2.8073
promissory notes, due
Feb.
15,
1951-1965,
Inclusive.
Purpose,
for
expansion and
working capital.
Sold
privately
poses.
tures
Offered
Federal
Life
Mutual
Light Co. first mortgage 3%73 bonds.
Purpose refunding. Sold privately to 11 insurance compa¬
$12,500,000 Central
in
annually
UTILITIES
privately
Power
purposes.
mortgage
privately
Telephone
States
Life 'Insurance
plant
companies.
*43,930,000 Carolina
2949-
1-26
Sold
$5,500,000 Central
Issue—
Date
Co.
series
*35,000,060 California
20-year bonds.
interest.
Bold
Alex. Brown &
and
Co.
finance
Sold
Read
INDUSTRIAL
York
nies..'
Shares
Ac
bonds,
corporate
first
Dillon,
STEEL, COAL,
Purpose,
Clifton,
terest,
readers.
SPECIAL OFFERINGS
&
PUBLIC
them here for whatever interest
%
our
Thomas
2%73
for
Co.
to
Coal &. Navigation
collateral
trust bonds,
OTHER
*$7,000,000 Atlanta Gas Light Co. first mortgage 373 bonds, due 1976.
Purpose,
refunding
($3.428000); to repay
bank loans
and for
expansion
($3,572,000).
Price, 100.88 and in¬
part are included in our compilation of "Issues not representing new financing" in the months in which they
-
through
construction.
*$375,000 Brunswick
England
New
Stanley
Purpose,
program.
privately
mortgage
of Special Offerings—1949
In the following tables we present a summary of
"special offerings" as compiled by the New York Stock
Exchange for the year 1949. Although these for the most
they
from
$34,650,000
Government
Summary
yield
to
2,181,388,500
23,877,858,228 21,696,469,728
sales of special series certificates and notes; certificates
nold to Adjusted Service Certificates Fund 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
•Comprise
Savings
Priced
Inc.
Northwestern Mutual
the
and
Morgan
Total for
and
EQUIPMENT MANUFACTURING
according to maturity.
Offered by
Drexel Ac Co.; Union Securities
Maryland Rjv general mortgage
refunding.
Price, 100,65 and
*2,000,000 Western
42,526,000
—-i———
Co.;
American
Transportation
Corp.
2%73-3%73
equipment trust certificates,
series
46,
due quarterly.
Purpose, purchase of equipment.
Sold privately
to a
Email group of institutions.
/
"
Pekin Union Ry. first mortgage 3Ya% bonds,
due 1975.
Purpose, refunding.
Price, 100 and
Offered by Halsey, Stuart
Ac Co. Inc.
&
Service
privately to a group of
Kidder, Peabody Ac Co.
Hutzler;
Ac
Bros,
A,
series
December—
Notes
Noyes,
Illinois
♦$4,320,000 General
equipment.
of
2.87573,
to
Corp. and Stroud Ac Co.,
19,119,000
85,115,000
104,234,000
The
4% 73
general mortgag©
series A, due Dec. 1,
1953.
Purpose, to repay bank loans and for general corporate
purposes and
to finance
modernization * program.
Sold
$9,GOO,000 New York Central RR. 2%73 equipment trust certificates
of 1950, maturing $640,000 each Jaip. 1 from 1951 to 1965.
Salomon
2%'3
IRON,
Northern Ry. 273 equipment trust certificates due
$345,000 semi-annually from June 1, 1950 to Dec. 1, 1964.
Purpose, purchase of equipment.
Priced to yield Irom
1.1073
to
2.3573,
according to maturity.
Offered by
Salomon Bros. Ac Kutzler: Drexel Ac Co.; Union Securities
1.3573
Certificates
;
1979.
Electric
new
and
Sold privately.
equipment.
purchase of
Purpose,
Purpose,
Total for November-,.,—
Inc.
mortgage
•$G,000,000 Lehigh
Corp. and Stroud Ac Co., Inc.
November—
*
Ellis
Green,
Hemphill,
Co.;
to
$150,305,000
*3,450,000 Fruit Growers Express Co. 2%73 equipment trust certjfl1
cates, series M, due $230,000 annually Dec. 1, 1950-1964.
384,242,272
205,850,728
762,543,000
September—
for
Co.
Purpose,
Public
expansion
Placed
no,350,009 Great
Total
At
first
Co.
1973.
l,
concern
gage
....
Notes
142,550.000
315.000,000;
Certificates
Ac
due
1975.
Purpose, for construction
privately to institutional investors.
Ohio Ry. 2%% equipment trust certificates
due 5225,000 each Jan. 1
and July 1 from July 1, 1950
to Jan. 1, 1965.
Purpose, purchase of equipment.
Priced
to
yield from 1.1573
to 2.4573, according
to maturity.
Offered
by Salomon Bros. &
Kutzler; Drexel Ac Co.;
Union Securities Corp. and Stroud & Co., Inc.
4,959,000
82,041,000
87,000,000
Co.;
Ac
Hill
and
and interest.
Auchincloss,
bends
Than Five Years)
August—
-
Water
due
ance
$$6,750,000 Chesapeake &
Certificates
Co.;
Stroud
Co.;
Nov.
pany's
During December, 1949
273,448,000
209,180,000
482,628,000
July
loans
privately.
*2,200.060 Virginia
•'
Bruce
Ac
2%73
bonds,
bank
Price,
Co.;
*750,000 Southwestern
—
mortgage
repay
Mullaney, Wells Ac Co.; Otis At Co.;
At Curtis;
R. W. Presspnch Ac
Schmertz Ac Co., Inc.; Shields At Co.; Walter
Joseph
Sold
Details of New
July—
——
?%73
mortgage
Jackson
Webber,
R.
St.
C,
''
Certificates
first
Co.
Heller,
Parsons
•4,000.000 Southwestern
1,061,076,500
162,000,000
Electric
Masten
Stokes
give complete details of the capital flota¬
tions during December including every issue of any kind
Below
$
»
first
Co.
Oversubscribed.
Net Issued
Retired
E.
Co.;
brought out in that month.
FINANCING
Water
Valley
Anderson;
Paine,
603,942,615 446,060,563
350^65,338 282,256,704 358,172,505
Cartwright Ac Co.; Swiss American Corp.;
V/atling, Lerchen Ac Co.; Wheelock Ac
Harold E. Wood Ac Co. and F. S. Yantis
1979.
Purpose, to
construction program.
Graham.
180,092,730 125,381,194 132,665,467 194,024,005
Staets
R.
Nicolaus Ac Co., Inc.;
Inc,; Stroud Ac Co.,
100.81
Offered
by
Halsey,
Stuart
At
Co.
Inc.;
Parker At Redpalh;
Fauset, Steele At Co.;
20,876,967
15,182,375
William
Co.;
Co.,
clue
series
59.673,542
25,185,622
—
__
Ac
series A, due Dec. 1, 1974.
Purpose, refunding
and new capital ($199,000).
Placed privately.
finance
40,015,470
28,268,700
At
Stifel,
Co.;
Stokes
Sills,
Oversubscribed.
Inc.
11,000,000 Pennsylvania
9,578.026
37,234,340
66,724,136
Smithers
At
Inc.;
($726 000)
43,928,372
30,410,349
Co.,
Co.;
Inc.;
*925,009 Mcncngaiiela
156,875,510 225,507,038 439,918,010 215,757,428
170,072,608
Ac
At
SchwaAt Co.,
Fairman
Shaughnessy
Mayer;
Ac
Paul
S.
Walter
Sweney,
Co.,
F.
Brothers
Stern
3,624,260
60,941,349
Moreland;
Mosle and
Rotan,
Eogan
Inc.;
1945
27,592,122
15,882,3 67
October
21,648,851.500 20,587,775,000
Total for six months
Harris,
1946
33.559.509
—
....
—
Issued
Ac
Co.;
1947
July
484,122,000
•Is
Co.;
Seasongood
Ac
Sheridan
1948
—
August
September
93,999,108,995 81.292,306,000 12,706,802,995
Total for 12 months
June
1,883,000
903,483,000
9,378,205,000
10,402,182,847
December...
fcr
March
April
May
E.
bachtr
bonds,
91
day
...
February
1,000,852,000
-Dec
Kendall,
1949
January
Co.;
Wm.
son-Humphrey
NEW FINANCING
REPRESENTING
NOT
ISSUES
323,814,800
Depositary bonds—
Nov
tz
Inc.;
391,000
383,465,451
results
have on their own account, and present the
five years in the table below;
may
lar.d
Inc.;
for the past
1,000,301,000
1,000,580,000
bills
10
Nov
Nov
Nov
945,000
Roger S. Palmer Co.; Patterson, CopeInc.;
Peters,
Writer Ac Christensen,
Pollock Ac Co., Inc.;
Prescott, Kawley,
Shepard Ac Co., Inc.; R. W. Pressprich Ac Co.; Putnam
Co.; Raffenspergcr, Hughes Ac Co., Inc.; The Robin¬
Otis Ac
Co.;
proceeds of the sales. Such offerings as these have no
place in our compilation of new issues, but we have
tabulated them separately for whatever interest they
Indebtedness
Refunding
Monday, February 13, 1950
FINANCIAL CHRONICLE
COMMERCIAL &
THE
(658)
10
Bruce
$5,750,000
LAND, BUILDINGS,
Ac
•Represents issue fold privately.
$Represents issue sold competitively.
$500,000 St.
ETC.
Catherine's Congregation (Archdiocese of Milwaukee)
2 % 73-3 V* 73 serial bonds, due serially from
first mortgage
Jan.
.
15, 1951 to Jan. 15, 1965.
Purpose, to repay tempo¬
rary loan, to finance cost of construction of a new chucb
building
and
for
additional
working
capital.
Price,
100, 100% and 101.
Offered by B. C. Zeigler Ac Co.
Volume 171
Number 4381
THE
MISCELLANEOUS
200,000 Norfolk
*$2,000,000 Capital Finance Co.
1
10-year 4% subordinated
1959.
Purpose, to increase working capital.
vately to The Mutual Life Insurance Co. of
through H. M. Byllesby & Co.
3,000,000 Consumers
tificates
poses.
Cooperative
of
400,000 Lake
Association
indebtedness.
Price,
Academy,
412%
Purpose,
Offered
par.
Forest
COMMERCIAL
notes,
due
Sold
New
pri¬
York
for
\/t
X 10,238,440
10-year
corporate
County,
Carolina
Telephone
Northern
States
stock
Power
(no
CHRONICLE
Ellis
refunding mortgage serial bonds, due semi-annually Oct.
15, 1950 through Oct. 15, 1959.
Purpose, to retire first
mortgage and notes and for corporate purposes.
Offered
by Francoeur Ac Co. (Inc.) and W. C. Gibson Ac Co.
$5,400,000
Short-Term Bonds and Notes (Issues
Maturing Up to
and Including Five Years)
(Minn.) 1,534,238 shares of
Purpose, repay notes payable to
'
$2,000,000 Consumers
cates
of
Price,
Cooperative
par.
Association
Cartwright Ac Co.
indebtedness.
Purpose,
for
5-ycar
corporate
purposes.
Offered to members.
Chicago;
Nolan
Glover
STOCKS
Inc.;
Si
Si Co.;
son
(Preferred
stocks
puted
stocks
of
of
no
stated
a
taken
value
par
at
value and all classes of
offering prices.)
par
their
at
PUBLIC
while
are
Sulzberger
com¬
Natural
stock
(no
stock
of
Price,
$28.25
par).
two
Co,
276,805
Purpose,
subsidiaries
for
shares
of
acquisition
and
offered
by The First Boston
Corp.;
Lehman Brothers;
Werthheim Ac Co.; Merrill
Lynch, Pierce, Fenner Ac EeanO;
George D. B. Bonbright Ac Co.; Little Ac
Hopkins, Inc.;
Erickson Perkins
Ac
Co., and Sage,
Rutty Ac Co., Inc.
(Oversubscribed).
*700,000 St.
Joseph Water Co. 7,000 shares of
preferred stock, series A (par $100).
other
of
common
additional
corporate
purposes.
share.
Offered for subscription to com¬
mon
stockholders.
Unsubscribed shares underwritten by
Glore, Forgan Ac Co.;
W. C. Langley Ac Co.; Hemphill.
Noyes,
Graham,
Parsons
&
Co.;
American
Securities
Corp.;
Biair
Ac
Deetjen
Loewi
Ac
&
&
Co.;
First
Co.;
Co.;
J.
California
Co.;
Moore,
Ames,
W.
The
Co.;
Ac
Co.;
J.
Co.;
Johnson,
Dain
Farwell,
Mcran
Chapman
Ac
Co.;
Ac
Co.;
McDonald
Co.;
Lane,
Ac
Davies
Space
Co.;
Ac
Curtiss,
Mejia;
F.
Dallas
°
Phillips
Cassell
Union
Marshall;
Co.;
Ac
Trust
Co.;
R.
Hanna-Kramer
J.
Co.;
Edwards,
Inc.;
Foster
Stix
Ac
Edw.
Lowbcr
Underwood, Neuhaus Ac Co.; Walter Ac Co.;
Inc.; Whcelock Ac Cummins, Inc.; Harold S.
and
Wcolfolk
*1,000,000 Brooklyn
lative
and
Gas
for
to
struclion.
4,077,700 Florida
(par
10,000
(par
shares
$100i.
Sold
V-36,223,929
679,812
shares
bank
repay
of
$7.50).
Corp.
capital
leans
242,000
and
to
of
(par
$10).
$10.50
share.
per
holders
3,000,000 Homo
and
Telephone
cumulative
refunding
Price, at
by
of
&
Telegraph
preferred
stock,
stock
and
37,333
22,667
Indiana
only)
Oversubscribed.
Corp.
53,000 Kentucky
Water
tive
preferred
Price, $26.50
Bond
Co.
and
by
Service
stock
Co.
/,
Ac
Smart
Ac
shares
shares
to
to
stock¬
2,000
of
shares
Valley
Co.
of
of
(all
6%
7%
Share
cumula¬
Bankers
shares
of
gram.
Electric
$1).
(par
System
Purpose,
to
669,508
of
Ac
Co.;
to
&
Ac
Co.;
Ac
Co.;
Brooke
&
Co.,
Jnc
Co..
Bosworth,
&
Inc.;
Sullivan
Co.;
Richard
;
William
Ac
Co.,
Butcher
W.
Blair
&
Clarke
Co.;
Ac
Inc.;
Co.;
J.
pub¬
common
Ac
Co.;
Ac
Co.;
W.
L.
Ac
Co.;
W.
Mead,
C. Langley & Co.; S. R.
Livingstone
& Co.;
McDonald Ac Co.; Martin,
Inc.; Mason, Moran & Co,; A. E. Masten
Miller
A:
Co.;
The
Ac
Co.;
Piper,
R.
Ac
Co.; Moore, Leonard
Newhard, Cook Ac Co.;
Ac
Co.;
&
&
Co.,
Inc.;
Townsend, Dabney
Inc.; Walston, Hoffman
Durst.
1,136.437
Ac
and
Offered
Ac
Hopwood: B. W. Pizzini Ac Co., Inc.;
Pressprich. Ac Co.; Reinholdt Ac
Gardner;' Riter Ac
L. F. Rothschild Ac Co.; Saben Ac
Co.; Inc.; Schoell-
kopf, Hutton Ac Pomeroy, Inc.; Scott. Horner Ac
Inc.; Shcarson, Hammill Ac Co.; Stern Brothers
Stifel,- Nicolaus Ac Co., Inc.; Stix Ac Co.; Stroud
Sweney Cart-wright Ac Co.; Union
Co.,
Co.;
Inc.;
Harold
Wheelock
E.
Yarnall & Co.
Wood
Ac
Ac
Co.;
Ac
F.
Ac
&
Co.; Mead,
Irving
Ac
Securities Corp.;
by
Co.;
Co.;
Chapman
Ac
Co.;
Ferris.Ac
Foster
Ac Marshall; Freehling,
Brokaw & Lesser; Robert
Ac
Union
Co.;
by
Ac
Co.;
F.
The
First
Southwest
Co.;
Granbery,
Marache
Ac
B.
Co.;
Co.;
Stein
Sutro
Ac
Bros.
Co.;
Ac
Boyce;
Swiss
Stern Bros.
American
Ac
Corp.;
Ac
Co.;
Inc.;
Co.,
Ferris
Ac
Co.;
Grant-Brownell
Ac
Co.; Green,
Goodwyn Ac Olds;
Ac
Co.,
Inc.;
Monell
Ac
McCourtney-Brcckenridge
Co.;
Moors
Ac
Co.;
Minsch,
Ac
Cabot; E. M. Newton Ac Co.;
Peters,
Writer
Ac
Christensen,
Inc.;
Prescott,
Hawley,
Shepard Ac Co., Inc.; Wm. C. Roney Ac Co.; E. H. Schneider
Ac
Sills.
Co.;
Stern,
Fairman
Ac
Harris
I.
Inc.;
Simon
M.
Meyer; Strader, Taylor Ac Co., Inc.;
ney, Cartwright Ac Co.; Varncdoe, Chisholm Ac Co.,
and
Wurts, Dulles Ac Co.
♦7,000,000 Pennsylvania
lativc
V
Electric
preferred
repay
bank
Price,
$102.53
Ac
Co.;
stock
loans
Merrill
Estabrook
Ac
Sons
Wright,
&
Co.;
Ac
Inc.;
Shields
Ac
4.05%
of
$100).
(par
Ac
S.
Eeane;
Ac
Corp.;
Ac
Co.;
E.
White,
R.
to
Peabody
W.
H
Weld
Press
Ac
Co.; Harris, Hall Ac Co.
(Inc.);
Pomeroy, Inc.; Auchincloss, Parker
Deetjen Ac Co.; Harrison Ac Co.;
Ac
Co.,
and
DeHaven
Ac
Townsend,
Crouter
Bodine.
Stone
Son;
W.
Ac
E.
Co.;, RiU
Hutton. Ac
Co.;
Ac
Co.;
Harris;
Stifel,
Stein
Bros,
Nicolaus
Ycatman
Yantis Ac Co.,
Ac
Co.,
Ac
&
Co.,
Boyce;
Inc.;
Stern
Straus.
Ac
Inc.;
Co.
cumulative
Purpose,
to
Offered
Son
of
Pennsylvania
Ar
by
Kidder,
Stroud
Co.;
Peabody
Ac
Co., and Woodcock, Hess Ac
Co.,
Co.,
$134,398,778
-
10,133
shares, of
preferred stock, scries A (par $100)*.
bank loans.
Price, $100 per share and
repay
dividends.
Newboid's
Ac
Inc., and Zuckerman, Smith Ac Co..,,;
Telephone
4V2V0
Co.;
Ac
Inc.;
W.
Schmidt,
V '
.
OTHER
INDUSTRIAL
AND
H.
.
Poole
Inc.
MANUFACTURING
'
\"
stock
common
Ac Co.;
units of
in
Purpose,
to
$16.50 per unit.
by
V.
B.
Christie
Ac
for
Co.,
Co.;
Ac
Offered
100,000
Lovett
Abercrombia
Inc.;
additional
•
one
R. H. Goodwin Ac Co.; Schmitt,
McClung Ac Knickerbocker; John D.
Co., and Chas. B. White Ac Co.
Ac
23,908 Haley Canning Co. 1,899 shares of
•
preferred and
one
in part a ■ $1,000,000
Offered to Texas resi¬
repay
Price,
Frank Miller Ac Co.;
Berry
Scott
(par $1)
share.
common
Haley
workipg
directly
by
Canning
slock.
common
capital.
Price,
$12.59
company.
Cot 10,000
(par $10).
preferred stock
ing capital.
Price,
$10
Purpose^,
share.
per
;
shares
of
Purpose,
for
share.
per
50-cent
cumulative
additional
Offered
work¬
directly
'%r
company.
500,000 Handmacher-Vogcl, Inc. 50,000 shares of common stock
(par $1), Purpose, refunding ($315,000) and improvements
($185,000).
Price, $10 per share.
Offered by company.
3,000,000 Hudson Pulp & Paper Corp. 120,000 shares of 5.12% cumu¬
lative preferred stock, series B. (par $25).
Purpose, for
general corporate purposes.
Price,
at
par.
Offered . by
Lee Higginson Corp.;
Kuhn, Loeb Ac Co.; Shields Ac Co.;
A. C.
Allyn and Co., Inc.; Central Republic Co. (Inc.);
Reynolds Ac Co.; Shuman,
Agnew Ac Co,;
Maynard H.
Murch Ac Co.;
Eioren Ac Co.; Francis I. duPont Ac Co.;
Emanuel, Deetjen Ac Co.; Grubbs, Scott Ac Co., Inc.; Janney
Ac Co.; I. M. Simon Ac Co.; Thomas Ac
Co.; Rand Ac Co.,
and
525,000
Thayer, Baker Ac Co.
Lucky
Stores.
$1.25),
Purpose,
share.
Offered
Incorporated;
Walston,
Mason
Ac
150,000 Neilson
(par
Ac
Mining
per
Frank
Ac
Knowlton
Purpose,
Offered
Co.;
Bailey Ac
Oversubscribed.
Manufacturing
&
Ac
Blosser;
for
for
Co.
shares
purposes.
subscription
and
xl
33,948
corporate
Scherck,
Davidson,
by
of
Pricefr
empldyees.;/
Corp. 15.0.00 shares of common stock
Purpose, for working capital.
Price, $1 pe*for subscription by stockholders.
Offered
Corp.
Purpose,
share.
for
100,000
Crown
shares
by
40,000 shares
common
of
Poughkeepsie, Inc. 8,000
preferred stock (par $20) and
of
preferred and five
to
repay
working
(par 10c) in units of one
shares of common stock. Pnri»
loans,
lor
V.
equipment
new
capital.
Raymond
by
Price,
Edwards.
$30.66
213,168 Sayre & Fisher Brick Co. 106.584 shares
$1).
Purpose,
dryers, etc.
Price,
rehabilitate,
$2
(par $1).
Price, $1.25 per
stock
share
bank
stock
common
purposes.
Co.
Co.
cumulative
of
of
corporate
Dunne Ac
Beverage
5%
of
shares
general
Offered
245,280 Royal
(par
(par
$5.25*
Television
25c).
125,000 Neville
fered
Price,
Stephenson, Leydecker Ac Co.; McAndre.w
stock.
share.
per
stock
common
E. H. Rollins Ac Sons
Mejia; First California Compatty?
Goodwin; Bateman. Eichler Ac Co.;
Wykoff Ac Co.
common
of
capital.
Inc.;
Ac
Straus
Co.;
2,410,308 Minnesota
share.
Davies
Hoffman
Edgerton,
shares
working
Incorporated;
Rlchter
$71
for
by Blair Ac Co.,
Brothers;
Co.
■
100,000
Inc.
per
share.
per
of
enlarge
Offered
and
common
and
for
for
Of¬
unit.
sfcOck
moderhize
subscription
by stockholders. Brestwick Ac Co. (New York) has agreed
to purchase for investment
any unsubscribed shares.
221,445 Spokane
stock
Offered
shares
Portland
(par
pended
$2).
Cement
Co.
shares
47,880
of
compiont
Purpose, to replace working capital ex¬
improvements.
Price, $4.62Vi per Share.
plant
on
for
subscription
by stockholders.
Unsubscribe<|
underwritten by Harold H. Huston Ac Co. for of*
per share.
'
'
9
.
fering at $4.75
.
314,213,200 Public
4.64%
pay
written
Smith,
Co,
Service
Co.
of
cumulative
costs
of
Offered
by
A.
preferred
Ac
G.
(Inc.);
Spencer
Bacon,
Whipple
&
Co.,
Co.;
Trask
Ac
Inc.;
Dean
&
Ac
Co.;
(par
program.
.subscription
Becker
bv
Co.;
Kidder,
Ac
Inc.;
S100I.
Price,
A.
of
Purpose
$116
Peabody
Co.;
Central
Harris.
Bateman,
shares
stockholders.
Witter
Co.,
142,132
Inc.,
stock
construction
for
Blylh
Barney
Inc.;
Indiana,
per
Under¬
Ac
Co.
C. Allyn Ac
Republic Co
Hall
Ac
Co.
Eichler
&
Co.;
3,440,000 Sutherland
preferred
additional
for
Paper
stock
Co.
(par
working
subscription
34.400
$100).
capital.
by
shares
of
Purpose,
Price,
common
at
4V\%
for
par
stockholders.
shares underwritten by Harris,
•Represents issue sold privately.
^Represents issue sold competitively.
Hall
Ac
cumula&vi
expansion
(flat).
Co,
art(J
Offered
Unsubscribed
(Inc.); Blyth.
(Inc.)
Blunt
.,
$990,000 Browning-Ferris Machinery Co. 60,000 shares of 6% cumu¬
lative
preferred stock (par $10)
and
60,000 shares of
additional
cumu
Ac
Co.;
pose,
Inc.;
program
by Kidder,
Fenner
Securities
Hallgarten
Swe¬
Purpose,
construction
Offered
Pierce,
Co.;
Emanuel,
Wood
D
shares
finance
Union
Ac
Hutton
Redpath;
to
dividends.
Lynch,
Ac
Ac
70,000
series
and
and
Rollins
Co.;
Co.
Co.;
Ac
Frank Ac
Hayden,
Strlngiellow; Shaughnessey A: Co., Inc.; Shearson,
Ac Co.; Robert
Showers; Shuman, Agnew Ac Co.;
Suplee,
1,013,300 United
Securities
R.
Co.;
Hilliard
Henry F. Swift ,Sp
Co.; Swiss American Corp.; Victor, Common, Dann Ac .Co,;
Wagenseller
Ac
Durst,
Inc,;
Watling,
Lerchen
Ac
Co.*;
Weeden Ac Co., Inc.6 Westhcimcr Ac
Co.; J. R, Williston Ac
.Co.; Harold E. Wood Ac Co.; Wyatt, Ncal Ac Waggoner;
Eastman, Dillon Ac Co.; Glore,
Ripley Ac Co., Inc.; Kidder, PeaLyhch, Pierce, Fenner
Ac
Beane;
William
Ac
Fairman
Brothers
Laurence M. Marks Ac Co.;.Merrill, Turben
Moseley Ac Co.; Paine, Webber, Jackson Ac
Ac
Ac
B.
J.
Murphey
Cook
Palmer
Blosser;
common
underwritten
Hentz Ac
Ac
share.
Weeden
Weedon
Lundborg Ac Co.; McCourtney-Breckeni-idg»
Miller Ac Co.; Revel Miller Ac Co.;
Mullaney,
Co.;
S.
Sills,
&
Co.;
Merrill
S.
Corp.;
to
Cummins, Inc.; Dean Witter &
Co.; Woodard-Elwood Ac Co.
and
Crowell,
Co.;
Favrc, Inc.;
Newburger Ac Co.;
Paine, Webber, Jackson Ac Curtis;
Peltason, Tenenbaum Co.; Putnam
Ac Co.; Rambo, Clo.e Ac Kerner
Inc.; Reinholdt Ac
Gardnqr^
Reynolds Ac Co.; Schoellkopf, hutton A:
Pomeroy, Inc..;
Schoellkopf.
H.
Mason,
Ac
Co.;
Clayton
Company; Indianapolis Bond and Share
& Co.; Jenks, Kirkland Ac Co.; Edward' D.
Roger
Harriman
Co.;
Co.; J. J.
Ac
Co.;
Ac
Friedman,
J.
Newhard,
Price,
purposes.
subscription
shares
Corp.; Lazard Frcres
Co.;
prich
Jaffray
Ac
Burnham
Co.;
Ac
Wells
stock (par $8).
common
corporate
for
Unsubscribed
Wertheim
Ac
shares of
acquisition
share.
Boston
Schoellkopf,
Co.
Ac
Co.;
Ac
M.
Ac
Robert
W.
Co.;
Ac
Co.
for
per
Lynch;
Pacific
Day
Wagenseller
Milwaukee
Co.; Minsch,
Mullaney, Wells
of California;
Pacific Northwest Co.;
Peters, Writer Ac Christensen, Inc.;
Monell
&
Ac
Anderson; Greene Ac Brock;
Ac Co.; Indianapolis Bond Ac Share
Corp.; G. E. Jaffe
Co.; Janney Ac Co.; Jenks, Kirkland Ac Co.; John B.
Joyce Ac Co.; Laird. Bisseil Ac Meeds; Livingston, Williams
Bradford
Lyons
Burns A: Corbett.
Hammill
Ellis
Dick
Kidder
Shearson,
Ac
Sherrerd; C. F. Cassell
Corp.; Julicn Collins &
Crowell,
Weedon
Ac
Co.;
Curtiss.
House
Ac
Co.;
Ac
Merle-Smith; Doolittle Ac Co.; Francis I. duPont
Co.; El kins, Morris
Ac
Co.;
H.
L.
Emerson Ac
Co,
Inc.; Farwell, Chapman &
Co.; Field, Richards Ac Co.;
Glore, Forgan Ac Co.; Granbery, Marache
Ac
Co.; Ilallgarten
&
Co.; Hallowell, Sulzberger &
Co.; Hamlin Ac
Lunt; Win. P. Harper Ac Son Ac
Co.; Hemphill, Noyes,
Graham, Parsons Ac Co.; Hill Ac
Co.; Hill Richards Ac
Co.; E. F. Hutton Ac Co.; The Illinois
Co.; Indianapolis
Bond
Ac
Share
Corp.;
John
B.
Joyce
Ac
Co.;
A.
M.
Cabell
Ac
Clark
Co.; Robert C. Jones As Co.; T. II. Jones Ac Co.;
Kidder Ac Co.; Kiser, Cohn Ac
Shumaker( Inc.; John
Kormendi Co.; Lee Higginson
Corp.; Lester Ac Co.; Loe.wl
A.
Sca-
Hill
Ac
-
Prescott,
Co.;
Janney
Jones
Co.; Peters,
Wright, Snider Co.;
only
Ac
under¬
Boenning
C,
Collins
Farwell,
Co.;
Co.;
Harper & Son
The
Corp.;
Northwest Co.;
Cohu Ac Co.; Collin, Norton Ac Co.; Julien
Lawrence Cook Ac Co.; Cooley Ac Co.; Cruttenden Ac Co.; Cunningham Ac Co.
(Inc.); R. L. Day Ac Co.;
Elworthy Ac Co.; Emanuel, Deetjen Ac Co.; H. L. Emerson
Ac Co.; Inc.; Goldman, Sachs'
Eacon, Whipple Ac Co.; Robert
Co., Inc.; Barrow, Lcary Ac Co.; Bear. Stearns
Blair
Mayer;
Taussig,
Collins
pro¬
Almstedt Brothers;
Ac
Pacific
Tenenbaum
8hively Ac Co.;
common
construction
Price,
Baird
Peltason,
Hutton Ac Pomeroy, Inc.; Shields Ac
Inc.; Tucker, Anthony Ac Co.; American
Securities Corp,; Bache Ac
Co.; Robert W. Baird Ac Co.,
Inc.; William Blair Ac Co.; Alex. Brown Ac Sons; Estabrook
Ac
Co.; Hirsch Ac Co.; McLeod, Young,. Weir Inc.; The
Milwaukee Co.; Maynard H. Murch Ac
Co.; Pacific Co. of
Calif.; Pacific Northwest Co.;, R. W. 'Pressprich Ac Co.;
Ac
by Harriman Ripley
Co.;
W.
The Ohio Co.;
Co.;
Cobbey,
shares
finance
to stockholders $10.50
per share and
lic $1G.87V2
per share. Offered for subscription to
stockholders
and
unsubscribed
189,015
shares
written
Ac
& Co.;
Co.; Stix
Wagenseller
Ac Durst, Inc.;
Watling, Lerchen Ac Co.; Almstedt Brothers;
Barrow, Leary Ac Co.; Bell Ac Beckwith; Bosworth, Sullivan
Ac Co., Inc.; Brooke Ac
Co.; Caldwell, Phillips Co.;
4.20%
preferred stock,
series
A
(par $100).
Pur¬
refunding ($200,000) and for corporate
purposes
($75,000),
Placed privately.
England
Co.;
Gardner; Riter Ac Co.; The Robinson-Humphrey Co.; Ro¬
tan, Mosle Ac Moreland; L. F. Rothschild Ac Co.; Chas. W.
Scranton Ac Co.; Shearson, Hammill Ac
Co.; Shuman, Ag
expansion.
The
pose,
stock
Si
Co.; Henry Herrman Ac Co.; Hill Richards
Hilliard Ac Son; The Illinois Co.; Johnston,
Lemon Ac Co.; T. H. Jones Ac
Co.; Kebbon, McCormick Ac
Co.; Lester Ac Co.; Irving Lundborg Ac Co.; Mason-Hagan,
Inc.; A. E. Masten A; Co.; McDonald, Moore Ac Co.; McJun
kin, Patton Ac Co.; Moore, Leonard Ac Lynch; Newhard,
Cook
Ac
Co.;
Piper, Jaffray Ac Hopwood; Reinholdt Ac
resi¬
&
cumulative
7,100,715 New
Miller
C.
dents
gan
for
by
2,750
R.
loan.
Ac
Wagner.
Water
Ac
bank
new
*275,000 Monongahcla
&
Ohio Edison
Co.;
holders
Purpose,
Ai
Hammill
5%
Bond
Branch,
Slocumb
W.
Ac
P.
Scott
Purpose,
($1,133,350).
public
Underwritten
W.
J.
Price,
by
shares
capital
Indianapolis
E.
Staats Co.; G. H. Walker
Ac Co.; Whiting, Weeks Ac
Stubbs; Aqchincloss, Parker Ac
Rcdpath; Bacon, Whipple Ac Co.;
Baker, Watts Ac Co.;
Barth Ac Co.;
Bateman, Eichler Ac Co.; Blunt Ellis Ac
Simmons; J. C. Bradford Ac Co.; Burnham Ac Co.; H. M
Byllesby Ac Co. (Inc.); Chaplin Ac Co.; Courts Ac Co.;
Crowell, Weedon Ac Co.; Curtiss, House Ac Co.; Francis I.
duPont Ac Co.; Clement A. Evans
Ac Co.,
Inc.; Farwell,
Chapman Ac Co.; The First Cleveland Corp.; First of Michl
for
$50).
(par
Co.;
Christensen, Inc.;
Schwabacher
stock
facilities.
60,000
A
$25).
ipar
share.
per
Co.
working
Louis
Co.;
Palmer
Si
Co.;
Curtis;
Merrill
common
subscription
series
and
Offered
par.
for
of
Ac
Richards
Garrett
Co.; Stroud Ac Co.,
public,
($1,866,650)
preferred
dents
Offered
general
Este
Field,
Ac
stock
Peabody
Julicn
Wm.
Smith, Barney Ac Co.; Stone Ac Webster Securities
Corp.;
White. Weld Ac Co.; Dean Witter Ac
Co.; A. C. Allyn Ac Co.,
Inc.; Ball, Eurge Ac Kraus; E. W. Clark Ac Co.;"
Equitable
Securities Corp.; Hayden, Miller Ac
Co.; Hemphill, Noyes,
Graham, Parsons Ac Co.; Hornblower Ac Weeks; W. E.
Hutton Ac Co.; The Ohio Co.; A. G. Becker Ac
Co. Inc.;
Central Republic Co. (Inc.);
Fahey, Clark Ac Co.; Goodbody Ac Co.; Hallgarten Ac Co.; Harris, Hall Ac Co. (Inc.);
W. C.
Langley Ac Co.; Lee Higginson Corp.; Carl M. Locb,
con-
Offered
subscription
by
stockholders.
Underwritten
Lynch, Pierce, Fenner Ac Beane and
Kidder,
Oversubscribed.
Corp. 6,506 shares
Purpose,
expansion
of
S.
body
construction
1950.
Telephone
Corp.;
Meyerhoff
Co.;
Newton
Forgan
(par
new
common
Co.
68,313 Florida
&
Corp.;
cumu¬
stock
for
Purpose, to finance, in part,
Price, $16.85 per share.
for
M.
First
stockholders.
shares
Co.;
Mullaney, Wells & Co.; Maynard H.
Co.;' Murphcy Favre, Inc.;
Newburger & Co.;
stockholders.
Co.,
4.40/6
Co.;
E.
Cruttenden
Rhoades Ac Co.;
of
Ac
Brush,
Illinois
$31,875
Co.,
Ac
Co.;
Brothers;
Co.;
Sons;
Ac
Ac
Purpose,
Purpose, to pay bank
privately to investors,
Offered for subscription
Poucr
program
Co.
stock
Co,
Ac
Co.;
Ac
t
Watling, Lerchen Si Co.; Harold E. Wood & Co.;
Wurts, Dulles Si Co.; F. S. Yantis & Co., Inc.; Yarnall &
Co., and Zuckerman, Smith & Co. Oversubscribed.
Co.;
Weil
Ecenning
Byrd
Ac Co.; Davis,
Skaggs Ac Co.; Dempsey
Dempsey-Tegeler Ac Co.; Detmer Ac Co.; Dick Ac
Merle-Smith; Dixon Bretscher Noonan, Inc.; A. G. Edward3
Goodwin;
&
Wood
Ac
Ac
Corp.;
Oversubscribed.
construction.
Edison
Purpose,
$20).
,
Union
preferred
loans
13,596,240 Detroit
^
Ac Shober.
Stokes
Co.;
Securities
Co.;
Tyson;
Howard,
Co.;
Co.,
Richards
songood
Newsom; Schneider,
Ecrnet &
Hickman; Schweickhardt,
Landry Ac Co.; Scott, Horner Ac Mason, Inc.; Sidlo,
Simons,
Co.;
Co.;
Brooke
and
Showers; Smith, Moore & Co.;
Stern,
Frank
&
Meyer;
Stifel, Nicolaus & Co., Inc.; Stix Si Co.; Edw. Lowber
Stokes
Co.;
Stroud & Co.,
Inc.;
Suplee, Ycatman Si Co., Inc.;
Sutro & Co.;
Sweney Cartwright & Co.; Swiss American
Raffenspcrger. Hughes Ac Co.. Inc.; Rotan, Mosle and
Moreland; Rowles, Winston Ac Co.; Russ Ac Co.; Sanders Ac
Ac
subs.
Brothers;
Ac
St.
Co.;
Labouisse, Fricdrichs Ac Co.; Hurd,
Clegg Ac Co.; Kiser, Cohn & Shumakcr,
Inc.; Lucas, Eisen and
Waeckerle, Inc.; W. L. Lyons Ac
Co.; McAndrew Ac Co. Inc.; MeCourtney
Brcckenridge &
Co.; Miller, Kcnower &r Co.; The National Co. of
Omaha;
Peters, Writer & Christensen, Inc.; Pflueger & Baerwald:
Roberts
Ac
Byron
Rambo, Close & Kerner, Inc.; Reinholdt &
Gardner; Rob¬
inson and Lukens; The
Robinson-I-Iumphrey Co.; Schcellkopf, Hutton Si Pomeroy, Inc.; Schwabacher &
Ac
Campbell, McCarthy Ac Cq., Inc.;
Inc.; Cumberland Securities Corp.;
Co.,
Blair
Hallowell,
E.
Si Co.;
Miller
Writer
i
Southwest
Co.;
Caldwell,
C.
Lehman
Emerich
Inc.;
Applegate Ac Co.; Bacon, Whipple Ac Co.; Robert
W. Baird Ac Co., Inc.; J. Barth &
Co.; A. G. Becker Ac Co.
Inc.; Bingham, Walter Ac Hurry; Elair Ac
Co., Inc.; William
Sons;
GradiAnder¬
&
Co.; Ira
Hutton & Co.;
Kirkland & Co.; John-
Jenks,
of
&
E.
Ac
Co., Inc.; Kalman Ac Co,,
Inc.; Mead, Miller Ac Co.; Mullaney, Wells Ac Co.; Newhard, Cook Ac Co.; E. M. Newton Ac Co.; Prescott,
Hawley,
Shepartl Ac
Co.,
Inc.;
Rcinholdt
Ac
Gardner; Scott
Ac
Stringfcllow; I. M. Simon Ac Co.; Smith, Moore Ac
Co.;
Sutro
&
Co.; Winslow,
Douglas Ac McEvoy;
WoodardElwood Ac Co.; Wulff, Hansen Ac
Co.; F. S. Yantis Ac Co.,
Inc.; Almstedt Brothers; Barret, Fitch & Co.,
Inc.; Bell Ac
Farrell, Inc.; Burke Ac MacDonald;. Burns, Potter Ac
Inc.;
by
Ames,
Geo.. G.
Harrison
W.
Corp.;
(par $5),
stock
common
Sons; Goodbody Ac Co.; Granbery, Marache Ac
Co.; Wesley Hall Ac Co.; Hallgarten Ac Co.; Hamlin Ac
Lunt;
Roger
Ac
House
First
Jones
Murch
Lynch;
Pacific
Northwest
Co.;
Inc.; Boettcher and Co.; Richard
Collins
Cook,
Securities
stock
common
Metropolitan
Ac
Julicn
&
Co.;
Mason,
Co.,
Corp.;
M.
Ac
&
Lunt;
Hilliard Si Son;
of
Revel
Co.; Laird, Bisseil Ac Meeds;
& Hopwood; Stern Brothers
Jaifray
Leonard
Emerich
Clarke
Illinois
Greenman
Hamln
B.
J.
refunding.
.
1,500,000 shares
Co.; McCourtneyBreckenridge Si Co.; McDonald-Moore & Co.; James J.
McNulty Si Co.; Mead. Miller & Co.; Merrill, Turben &
Inc.;
Equitable Securities
Corp.;
Whipple Ac Co.; William Blair & Co.;
& Co.; Paul H. Davis Ac Co.; Emanuel,
Bradford
Brock;
Co.;
J.
American
Folger,
&
Co.
Purpose, additional investment in
Price, $11.95 per share.
Offered
Coe; Mannhcimer-Egan, Inc.; Laurence M.
Marks & Co.;
Mason, Moran Si Co.; A. E. Masten &
Co.,
Piper,
C.
Garrett
cumulativa
privately.
317,925,000 Southern
&
Bacon,
Bosworth, Sullivan
Robert
.
4'/t%>
Purpose,
Sold
Johnston, Lemon Si Co.; Edward
Kay, Richards & Co.; A. M. Kidder & Co.;
John Kormcndi Co.;
Laird, Bisseil & Meeds; John C. Legg
Si Co.; Lester &
Co.; Carl M. Loeb, Rhoades Sz Co.; Loewi
& Co.;
Irving Lundborg & Co.; W. L. Lyons & Co.; Mackall
per
Bache Ac Co.;
Marshall;
Investment Corp. of Norfolk;
son-McKendrick Co., Inc.;
UTILITIES
Gas
&
&
Haupt k Co.;
D.
$7,319,941 American
&
MacGrcgor, Inc.; Goodbody & Co.; W. D.
Granbery, Marache & Co.; Green, Ellis Sz
Greene
son;
preferred
stock
par,
common
Foster
Electric
Corp. 132,000 shares of common
(no
par).
Purpose,
discharge short-term notes,
finance construction.
Price,
$29.50
per
share.
Offered
for
subscription
by
stockholders.
Unsubscribed
shares
& Co., Inc.;
Curtiss, House & Co.; Dempsey
Co.; Dixon Brctschcr Noonan,
Inc.; Doolittle & Co.; A. G.
Edwards & Sons;
Elworthy & Co.; Emanuel, Deetjen & Co.;
Equitable Securities Corp.; Clement A.
Evans Si Co., Inc.;
Fahey, Clark & Co.; Farwell. Chapman &
Co.; Ferris & Co.;
Field,
Richards &
Co.; First California Co.;
The
First
Cleveland Corp.;
First Securities Co. of
certifi¬
'
.
Gas
stock
Cunningham
31 '■> %
Corp.;
Farwell, Chapman Ac Co.; J. J. B. Hilliard
Ac Son; Indian¬
apolis Bond Ac Share
Corp.; Kebbon, McCormick Ac
Co.;
Kiser, Cohn Ac Shumoker, Inc.; Lester
Ac Co.; Schwabacher
Ac Co.; Sutro Ac
Co.; First California Co.; Irving
Lundborg
Ac Co.; Mackall A: Co.;
Shui.iaii., Agnew Ac Co.. and Sweney
>,/ 3,894,000 Rochester
Ac
MISCELLANEOUS
11
Ac
Simmons; ETworthy Ac Co.; The
Milwaukee Co.;
William R. Staats Co.; Stroud
A; Co., Inc.;
Whiting, Weeks
Ac JStubbs;
Bni'.h, Slocumb A: Co.; City Securities
Price, $10.25 per share.
Offered for subscription
by stockholders.
Underwritten by Lehman Brothers; Riter
& Co.;
Allison-Williams Co.; Ames, Emerich &
Co., Inc.;
Geo. G. Applcgatc Si
Co.; Arnhold and S. Bleichroeder,
Inc.;
Arthurs, Lestrange & Co.;
Bache
&
Co.;
Baker,
Simonds Si Co.;
Ball, Burge & Kraus; J. Barth & Co.; Bateman, Eichler & Co.; Bear, Stearns &
Co.; Boenning Si Co.;
Bosworth, Sullivan & Co., Inc.; J. C. Bradford &
Co.;
Burnham and Co.; Burr &
Co., Inc.; Byrd Brothers; Camp¬
bell, McCarthy & Co., Inc.; C. F. Cassell Si
Co., Inc.; Cen¬
tral National Corp.;
Chaplin & Co.; City Securities
Corp.;
Clayton Securities Corp.; Cohu &
Co.; George R. Cooley
& Co., Inc.; Courts &
Co.; Crowell, Weedon & Co.; S. K.
first
(659)
&
Co.
pan.
bank.
pur¬
4,/a%
111.
FINANCIAL
Telegraph Co. 2,000
shares of common stock
(par $100).
Purpose, to finance
construction
program.
Price, at par.
Offered
for sub¬
scription by stockholders.
common
cer¬
members.
to
Lake
«&
&
(Continued
on
page
12)
^
12
General Corporation and
& Co.;
Smith,
Corp.;
.Higginscn
203,000 Trion, Inc. 40,000 shares of 5%' cumulative
preferred stock (par $5).
Purpose, to repay
and for additional working capital.
Price, $5
Offered
Graham
bv
1
convertible
bank loans
& Co.
MISCELLANEOUS
stock
mon
at
492.
Assets Show Large
As of Dec.
Net
assets
Shares
(A. A.) & Co., Inc. 6,000 shares of prior pre¬
stock, 1947 series (par $50). Purpose, to pay bank
Price, at par and dividends.
Offered by Piper,
300,003 Murphy
for
$11,623,115
value
2,032,583
1,017.422
realized
gain
also
was
mitted
tors
to stockholders
announced
paid
quarterly dividends on
that
annual
the
at
dated Jan. 3,
refunding.
Offered
by M.
1950, due Oct. 2, 1950. Purpose,
G. Newcomb, New York, fiscal
of common stock!
Offered by Reynolds & Co.
1238,500 Acme Steel Co. 12.000 shares of common stock (par $10),
Price, $19.87% per share.
Offered by F, S, Moseley &
Co. and A. G. Becker & Co.
Oversubscribed.
stock
■
<
the
Equipment Corp. of America 6,500 shares
Price, $7.23 per share, Offered
Oversubscribed.
1973,250 C'olgutc-Falmolive-Iieet
Co.
22,900 shares
of common
stock
(no
par).
Price, $42,50 per share.
Offered by
Paine, Webber, Jackson & Curtis and Robert W. Baird
& Co,
Oversubscribed,
of
Co.;
Presspr.ieh
W,
R.
&
'
Weeks.
and
Co.,
Inc.
Proceeds
Offered
shares
200,000
'
'
of
Bond
Brothers;
stock
'Price,
&
Knowlton
Elosser;
&
Bailey
Price,
Share
stock
$12
for
Co.
River
Offered
subscription
Fuel
$10),
(par
share.
per
Price,
$36.50
stock.
Price,
$10.75
Claybaugh & Co.
common
,19,231 National
Shirt
Shops
stock
common
States
stock
common
$1).
(par
fered by Reynolds
2,200,000 Northern
(no
at
$10.62'At
Price, $11
Oversubscribed.
Co.
per
.
.
shares
10,000
$7.30
of
by
J.
P.
.
Manufacturing
$2.50).
(par
Eastman,
Dillon
$17.75
Price,
&
57,000
Co.
and
Co.,
shares
(par
Marto
less
192,313
Shelier
common
stock
of
Offered
common
Smith,
Barney & Co.
Oversubscribed.
99,990 boss Manufacturing Co. 8,388 shares of common stock
(par SI).
Price,
$11.25 per share.
Offered by George
A. McDonnell &
t$463,799 Sterling
$5.
&
Drur,
price,
Co.
per
shares
share.
stock,
common
Offered
(par
S5t.
Price,
Blyth & Co., Inc.
94,206 Texas
(par
Lee
&
$1 >.
by
f1,293,750 Un«ted States
(no
per
Bacon,
shares
share.
shares
138,412
par).
Works.
$8
Steel
Price,
*5).
share.
of
per
of
Offered
50,000
Corp.
$25.87,/2
pay
Whipple
of .common
Offered
by
$4).
Price,
$45
shares
share.
of
Bache
&
by
Co.
stock
common
Offered
shares
stock
common
by
share
a
which
.
of
as
1949.
3d,
June
of
assets
accumulated
has
It
writes
to
permission
for
additional
Exchange
Stock
with,, the
list
common
be issued
is to
stock
The new
shares.
Reports Progress in Research and Expirimental Plant
$30,000,000 expansion program at the research and
at Wilmington,, Del., is now 70 V
complete and
for completion late this fall;'
The* project
company's
experimental
facilities
plant
scheduled
are
semi-works buildings; for long-range
chemical, discoveries, 13 new service
and
projects. The company 'has completed and placed in operation a
includes
'
Listing
Employees Under Bonus Plan—
applied
30
Jan.
on
company
York
The
3.
p.
.
,
Program—
they
10
research
and
laboratory
new
and
of
development
new
buildings and enlargement of exieting) laboratory buildings for nylon
other
j
the
cork
Foreign Unit—1
the
reports that during 194g the com¬
in
its
principal «Spanish
subsidiary,
further
of
the
which
investment
carried
was
in
that
the
subsidiary
a
in
buildings for the
new
.
Lisbon
have
been
covering
TOO,000
Manager
of
the
common
of Increase
application
made
as
to
the
to
its
increase
SEC
authorized
authprity
for
to
stock from
capital
1,000,000 shares (without par
valuer, and to change its name to Duval Sulphur & Potash Co.
The company proposes to offer an additional 375,000 sharesof its
capital stock for subscription by stockholders at $13.50 per sli'are, or
shares
550,000
compo¬
completed.:
at
the
rate
right
purchased
held
the
011
Feb.
record date.
14
additional capital stock
take up the unsubscribed
subscribe for shares
to
others;
by
shares.
Fund.
shares
4
373,557
.
Corp.
conditional
not
for
(74.71V) of the 550,000 .outstanding shares,
seeks SEC authority to purchase 280,167 shares of
capital stock,; Stockholders other than United will-be'given
Gas
additional
a
shares
3
to
value)
(without'par
of
of
owner
United
registration statement with the SEC
shares.'
Texas-Arkansas
Fund,
Inc.,
is
filed
7
expects to have 2,500 employees at
end of 1950.—V. 171, p. 463.
company
by the
company has
its charter so
amend
stated
Feb.
on
The
■
station
Capitalization—Bank Loans Proposed^—
The
in
a
company
buildings.
research
Duval Texas Sulphur Co.—Seeks Approval
of Seville, lor a consideration payable
net proceeds of the sale were $82,000
A.,
The
at
company.
plant
.
service
of
will
United
and
1
The
also
company
to
enter
of
proposes
Boston
into
bank
a
agreement
loan
'
.
.
•*;.
,
,
Curlee Clothing Co.—Purchases
The
.
ing
have
V.
purchased
company has
an,
which
investment
has
been
of
about
under
a
manufacturing capacity of
a
165,
Kentucky Plant—
On
since
more
completion
last
of
spring,
than
200,000
plant
suits
a
necessary
for
Curtiss-Wright Corp.—Plans Entry in Helicopter Field
of
is
to
construct and
the
for
corporate
now
crude
puvali
facilities
other
Duval
'
it
make
may
bor¬
1952, in an amount not
Promissory hotes.bearing interest at 23,4V per
15,
(with
of
funds
year.—;
whereby
prior to March
maturing Jan. 1. 1958, would be issued therefor.
the stock sale and bank borrowings would be used
Proceeds
other
Bank
time
to
$2,500,000.
and
annum
will
3283.
p,
National
First
exceed
to
addition
an
the
the
with
rowings from time
plant at Winchester, Ky., involv¬
new
$500,000.
construction
4
i
.
;According to press reports, the
design
the Air
to
Doman
enter
with
Doman
per
share.
$1938
per
share.
—V.
170,
is
it
the
p.
mining
(at
purposes
engaged
in
and
estimated
an
mining,
the
of
potash
cost
production
and other
plant
operate a
refining
and
$7,500,000).
of
and
ore
marketing
of
sulphur.
Feb. 2, '50
-
of
cf
Offered
by
171, p.
<A.
G.
Blair
&
*
•
.
from
to
Net
from
Net
ry.
Dec, 31, *49 June 30, '43
$1,985,982
165,451
104,487
railway
railway
oper.
income
1949
from
from
Net
ry.
railway
railway
income—,
oper.
171, p.
191.
Feb.
the
to
13
request
a
1947
Associates—SEC Asks
Fuel
&
That Plan
SEC
Feb.
011
3
issued
of recapitalization
Co.,
Koppers
the
holders
Inc.,
of
in certain
filed
dees
the
its
findings
and
by this company,
not
accord
company's-6 V
fair
opinion
a
and
preferred
stating
that
a
sub-holding company
equitable treatment
stock
and
is
inade¬
ether respects.
plan provides for the reclassification of Eastern's outstanding
6V
preferred stock and- common stock into a' single class of new
common stock.
Eastern proposed-to ;allocate 73.8V
of the new com¬
mon
stock to the holders of its 6V,
preferred stock and the balance
to
1946
Gas
The
Earnings—•
1948
of
quate
$1,412,543
260,672
plan
to
Dec. 31, *48
$3,701,323
.
the .holders
mission
found
$598,542
$574,617
$605,772
$4023,48
221,304
163.534
320,744
158,826
55,813
38,621
93,017
145,666
6.028,542
6,564,686
5,642,787
4,268,683
stockholders
2,536,884
3,065,657
2,666,198
1,700,183
to
831,739
1,018,605
858,721
of
the
the
that
present
new
stock..
common
common
stock
.However,
proposed
to
be
the Com¬
allocated
556,249
January 1—
Net
—V.
•
upon
interested persons until
application.—V. 171, p. 102.
given
Be Amended—
Gain—
280,709
-
has
Eastern
company
negotiations
462.
December—
Gross
From
$25,185,622
the
The
stock
common
hy
that
current
$4,084,?16
outstanding
hearing
commercial
as
SEC
rotor development
Continue
Detroit & Toledo Shore Lines RR.-
Offered
on
reported
result
well
as
The
helicopter;
a
2583.
Fund, Inc.—Net Assets
assets
Gross
•Represents-issue sold privately,
(Indicates special offering.
Inc.,
and
helicopter field as
Helicopters.—V.
Delaware
submitted
The. design is based
Helicopters,
the
may
Shares
for
and mail service.
passenger
Net
Force
company has
Arctic rescue work
Clark,
Co., Inc.
of
As
stock
common
Beelcer & Co., and P. Eberstadt & Co., Inc.
Oversubscribed,
f930,000 West Kentucky Coal Co. 48,000 shares of capital stuck
(par
t.
approximately 4,600 employees will .receive awards for 1949'.
Crown Western Investments, Inc., Dallas, Tex.—Regis-t
ters With SEC—
.
Price,
share of
one
10,
because of delays, installation of machinery and equipment
only now about to commence.
It is anticipated that this plant will
begin operation in 1951.—V. 170, p. 981.
Offered by Stewart
chares
26.970
per
Dodge & Co.
Oversubscribed.
693,000 Victor Chemical Works 15,400
(par
21,000
$23.50
50 cents per share.
Price,
S.
amount
of
As of—
Lamp
of
is
Co.
1215,760 Tung-Sol
(par
Corp.
Price,
dividend
l/10th
each
for
interest
gross
Oversubscribed.
Oil
Union
10c).
capital amounting
stock not to exceed
to employees in con¬
nection with 1949 bonus awards and
is not being offered for public
sale,
Under terms of the bonus plan, an employee awarded a 1949
bonus will be entitled to receive part of the bonus in shares of the
new .stock
issue and the balance in cash. •
It -is contemplated that
However,
of
598,500 Tennessee Gas Transmission Co.
J.
of
Co.
stock
Co., Cleveland,) O.—Stock Of¬
,
13,158
Inc.-
$35.25
139,450
*420,122-
102. '
Insurance
balance of the authorized
company
The
vote Feb. 16 on a proposal to dissolve and
accordance with the amended plan approved
dollars.
than
sition
<
by
Life
President,
Jr.,
entire
Mr.; McManus
60,000
shares
stock
a
191.
p.
States
Scherck,
Manufacturing
Corp.
8,500
(par
$1).
Price,
$22.62>/2. .
in
Internacional,
.accounts
shares of common stock (par
$20).
Price, $56 per share.
Offered by Drexel & Co.,
and Kidder, Peabody & Co. (jointly).
Oversubscribed.
Co,
Haas
x
to
are
171,
its
sold
United
The
.1
2,765,280
972,397
242,984
(E. I.) du Pont de Nemours & Co. (Inc.)—Plans
by
share.
Offered by
Richter. &
Co.
per
3,686,821
949.680
119,025
of Stock to Be Issued to
$2,260,458
1950, payable on March
entitled to receive,-—V. 171,
McManus,
Corchera
.
.
of
Oversubscribed.
3,360,000 Rohm
common
stock
common
Offered
share.
per
The
10 shares of such stock outstanding at
24,
cents
75
the company
E.
pany
„
of
Offered
of
& Co.
1,011,750 Rockwell
Q$
Of¬
Offered
4,339,064
438,310
*199,922
income...
serai-works]structure for- its- Grasselli Chemical Department arfd all
j
shares
*170,190
$637,148.73.
;
1949
Crown Cork International Corp.—Sells
of
shares
share.
rate, of
SEC.—V.
by the
and Goodbody & Co.
75,000 Reed-Prentice Corp.
stock
declared
1
Feb.
on
stockholders
The
'
*
.
share.
per
30,000
$9.75
share.
per
;
200,000
(Minn.)
fixed
liquidate
by
shares
65,309
3,492,819
railway.
$7,867,378
s"
Calif.—
7 Continental Gas & Electric Corp.—To Dissolve—
by
Shares
1,810
Inc.
■'=
.
common
Offered
,
Price,
the
in
Price,
Co.
Power
&
stock
(par $2).
Blyth & Co., Inc.,
Price,
share.
' ■
1950
Feb,
on
would otherwise be
and
Offered
5,000
Inc.
per
par).
Inc.
of
share.
& Co.
Power
by Blyth & Co.,
292,500 Petroleum Ileat
$2.50),
directors
C,
Delaware,
of
shares
per
Blyth & Co., Inc..
Oversubscribed.
53,750 National Shirt Shops of Delaware,
Blair F.
1
;
Pasadena,
1950, with?
the qualification that scrip or certificates for fractions of shares are
not to be issued, but that, in lieu thereof, the holders of record of vhe'
shares of capital stock outstanding on P'eb. 24, 1950, will receive cash
-by . Electric
stockholders.
its
by
10,000
Corp.
"9,185
ta]
Scherck,
Davidson,
&
45,142
6,831 shares of common stock is
New
the close of business
(par
$5.25 per
Co,;
&
110,979
Primary purpose M the issue is to acquire additional working capi¬
in order to increase Dunbar's sales force and -vales program.
Dunbar's insurance in force has risen from $3,063,007, in
1945 to
the
for
others
from
Consolidated Textile Co., Inc.—Stock Dividend—
Stephenson, Leydecker & Co.; McAndrew
Frank
1946
$300,680
145,576
confined to residents of Ohio.
•
"
•••
Corp.,
1947
$348,921
30Y40
being offered, accord¬
ing to an announcement by Prescott & Co., Cleveland
underwriters. Selling price is $30 per share and sale is
17l" p7 1917"
The
Mejia; First California Company;
Goodwin; Bateman, Eichler & Co.;
Straus
Co.;
365,000 Mississippi
,
«■.
f
1948
$299,364
122,339
railway...
oper.
237,000
Blair & Co., Inc.; E. H. R01iins*& Sons
Incorporated;
&
'•
,
Engineering
Ry.—Earnings-
$364,219
income—
oper.
ry.
to
$1,849,815
!
.
common
Holdings Corp.
Blair
to
by
Hoffman
par).
I.
747,655
1949
fered—The
,
to
the
of
$4,000,000
use
proposals
received
1,270/244
191.
p.
railway—_
Dunbar
Island stock.but decided that the Consolidated'
proposal was best one, it was stated.—V. 171, p.: 191.
'
—V,.
Eclgerton, Wykofi & Co. Oversubscribed.
7,678,300 Middle South Utilities Co. 639,000 shares of common stock
(no
to
subsidiaries.
Utilities
capital stock in respect of each
Stores,
Richter
Public
intended
it
171,
*Dcflcit.-r-V. 171,. p.
a
the
of
6,587,018
*28,053
s—.
railway
from
Net
Net
bank Loan of Associated Electric Co;
proceeds of about $7,000,000 would be
retire
to
domestic
in
said
Utilities
and
of a formal contract
Commission and the SEC.
S.
5,693,628
"538,966
railway
operating inconiei.
from
Gross
accepted a proposal from the
Inc., for the purchase of all
Edison Corp., at a base cask
Horn-
Corp.
Co.
ry.
execution
P.
29,114
From Jan. 1—
Consolidated Retail Stores, Inc.- -Jan. Sales Off 18.2%
Incorporated; Da vies &
&
Island
54,948
*93,797
,
'14,000 Hastings Manufacturing Co. 2,000 shares of common stock
(par $2).
Price, $7 per si-ace.- Offered by First of Michi¬
Walstom
Net
Month of January—
85
1948
$494,846
*57.250
Ordinary and Industrial Life insurance- on a
Files With SEC—
/*
non-participating plan and also accident and health i insurance.
It
The company on Jan. 27 filed a letter of notification with- the SEC
if operates branch offices in
all major cities of Ohio, and licensed in
(Kentucky, as well, '
■
•
,
* '
'
'
■
covering 50 shares of common stock (par $1), to be sold at $5 per
At the present time there are over 400 stockholders.
share
to
Harold J. Boucher,
Altadena, -Calif,
The proceeds are to'
The ID-member
board of directors is headed by M. C. Clarke, President and founder.
be used for working capital.
No underwriter.—V. 171, p. 462.
594,500 Harvey Hubbell, Inc. 32,800 shares of capital stock (par
$5).
Price, $13.12Va.
Offered by Paul "H. Davis & Co.;
Mason
York
balance
jCcnsoIidated
stockholders.
share.
York,
New
the
to
New
Public
v
.
Stainless Steel Corp, 5,000 shares of common
$5), Price, $9 per share. Sold to Eastern Ultra¬
$1.25),
from
purchase of the Staten
Edison
•"
.•
■'
(IF. R.) & Co. $4,400 shares of common stock (no
valueV.
Price, at $100-$102 per • share, ' Offered" by
Blyth & Co., Inc.
1,000,009 llandnucher-Vogcl, Inc. 100,000 shares of common stock
(par $1).
Price, $10 per share.
Offered by three selling
1,575,000 Lucky
has
Corp.
of
Staten
subject
the
General
par
gan
of
of the sale
that
invested
Corp.
blower &•
Net
with adjustments for changes in surplus,
ThiSj
jointly on Feb. 8 by Ralph H. Tabscott, Chairman
Consolidated Edison, and A. F. Tegen, President of
the
by
General
and
(par
Hallgarten
Co.
8,668,469
$455,680
railway
from
Gross
\
proceeds
440,000 Grace
-
of
Is
sale
approval
_
violet
board
The
shares of common stock (par
share.
Offered by. Hemphill,
Noyes, Graham, Parsons & Co.
222,100 Detroit Edison Co. 10,000 shares of common stodk (par
$20).
Price, $22.21 per share.
Offered, by Blyth & Co.,
stock
from
from
York, Inc.—To Pur¬
Co. of New
14,523,348
Atlantic RR.—Earnings-
&
December—
359.
General.
Stores Inc. 11,093
Price, $32.50 per
45,000 Eastern
Shore
Duluth Winnipeg & Pacific
usual
to
the
and
1950,
"231,317
33.499,727
1949
"Deficit.—V.
$10,720,000,
of
the
Utilities
stock
announced
was
lie.
6,
*1,023,403
4.
operating income—
railway
payable
dividend,
stock
March
of 50 cents per share,
March 21, 1950.—V. 171,
Edison
Edison
common
price
•
by Scherck, Richter & Co.
360,685 Colonial
$2.50/.
20 V
a
record
of
p.
Public
General
stock (par $3 >,
common
declared
2
record
of
Consolidated
47,125 Bank Building &
of
19,648,827
.10,165,042
5,611,272
_
P.
railway
Net
chase Staten Island Edison Corp. Stock-
Corp. 6,360 share,roi class B common
Price, $2.87,/2 per share.
Offered by
$1),
pat
Dempsey & Co.
12,466,490
39,402,970
17,293,764
8,952,762
*1,598,437
railway
Net
payable March 30
Consolidated
Price, $2.50 per share.
Firing
46,602,055
$321,214
Jan. 1—
i
20,009 Acme Aluminum Alloys, Inc. 8,000 shares
18,113 Automatic
Gross
'
—
dividend
cash
stockholders
Financing
Feb.
on
stockholders
to
16
quarterly
Issues Not Representing New
v
directors
The
March
agent.
1946
1947
38.503,717
income..
South
railway
From
|
Corp.—20% Stock Dividend
Consolidated Cigar
consolidated
1.30V
Banks
Credit
covering
3
Ry.—Earnings1948
*1,172,283
_
_
railway...
from
from
Net
the
to
''
.
....
Feb.
on
$607,960
*1.105,656
"758,034
railway
oper.
Net
May 2.
90 cents per share, subject
policy."—V. 170, p. 2523.
of
rate
Gross
factors influencing dividend
"usual
Government Agency Issues
Intermediate
SEC
170,
The direc¬
the new stock would-
their annual meeting on
at
'
•debentures,
$108,270.—V.
from
ry.
Duluth
also
be
and
the
$773,805
*1,830,227
"877,283
$389,561
income..
"Deficit.—V., 171,
$66,053.
of
expenses
totaled
investments
of
sales
on
deducting
before
Net
Net
Total income
loss on sales
share at Dec,. 31, 1943, was $5.72.
was
$445,090, exclusive of gain or
This
with
filed
was
December—
;
171,
556.—V.
p.
per
1949
opcr.
from
Gross
Community Public Service Co.—Plans Stock Split— j
The
director;*'- have. proposed to split each share of capita) stock,
par value $25, into three shares par $10 each.
The plan will be sub¬
Pancoast.
$3,150,000
171,
common
$3.75
railway...
railway..—.
from
ry.
1292.
p.
V.
From Jan. 1—
$3,195,578
14.9,578
$3,924,023
693,749
$5,397,360
per
1949
year
investments.
Net
(approximately $695,140) and
to
increase
working
capital
(approximately $554,860)
Price, $20 per share and accrued dividends.
Offered by
First
Trust
Company of Lincoln; Schneider, Bernet &
Hickman; G. H. Walker & Co., and Dewar, Robertson &
Net
Net
1946
1947
refunding
Purpose,
$55,835.00(1 Federal
Francisco, Calif.—
1948
1949
—.
asset
the
of
1,250,000 Southwestern Investment Co. (Texas) 62,500 shares of 5 V
cumulative convertible sinking fund prelerred stock (par
Loan
of
about
from
Gross
Gain—
31—
outstanding
Net
Jaffray & Hop wood.
Farm
notification
of
shares
of
Duluth Missabe & Iron Range
,
.
letter
price
December-
share.
in
stock (par $1) to be sold at the market
share by Woodrow G. Krieger, President,
through Shearson, Hammill^ & Co., Los Angeles, Calif.—V. 171, p. 191.
cost
a
Commonwealth Investment Co., San
stock, par
Of¬
Insurance Co. 10,000 shares of common
Purpose, for new capital.
Price, $30 per
fered for subscription by stockholders.
$20).
O.,
Athens,
&
$10.
loans.
(Western), Ltd.,
Douglas Oil Co, of California—Files With SEC—
A
(par
300,000 Guif
ferred
Ltd.—To Acquire Interest in Oil Firm—
Exploration
Dome
15,000
be
p.
Securities Corp. 300,000 shares of com¬
35c). Purpose, to increase portlolio, lor
expansion and additional working capital.
Price, $1 per
share.
Offered by George J. Martin Co,
300,000 Dansker Realty
•
463.
p.
of $6,700,000, work on which is expected
completed in September.
A third unit of 60,000-kw. is scheduled
to be placed in service late next year or early in 1952.
The cost of
the entire project when completed,
will exceed $26,000,000.—V. 170,
to
191.
P.
B.
near
of Georgia 10.000 shares of con¬
vertible preferred stock (par $100).
Purpose, for corporate
purposes.
Sold privately to Jefferson Standard Life In¬
surance
Co. and Pilot Life Insurance Co.
Co,
Discount
31
Jan.
Dome Mines,
Co.—Expansion—
Poston, President, recently announced that the company will
spend
$18,725,000 in
1950 to expand its generating capacity and
distribution
system.
The largest smgle
project is the installation
of a second 40,000-kw. unit in the new E. M. Poston generating plant
J.
$.12,144,100
*$1,000,000 American
171.
—V,
2)
page
1950—6 Mos.—1949
$8,827,659
$9,523,337
93
87
$936,305
operation,
in
Stores
See
rshare.
per
from
(Continued
Columbus & Southern Ohio Electric
1950—Mcnth—1949
$983,819
Period End. Jan. 31—
Sales
Investment News
Co.; Stone & Webster Securities Corp.; Union
A. G. Becker & Co,''Inc.; Drexel & Co.;
Corp., and E. H. Schneider & Co.
Over¬
subscribed.
'
Barney &
Lee
Corp.—January Sales Off 4.8%—
Diana Stores
(Continued from page 11)
Co., Inc.; The First Eoston Corp.; Glore, Forgan
Goldman, Sachs & Co.; Kidder, Peabody & Co.;
&
Securities
Monday, February 13, 1950
FINANCIAL CHRONICLE
THE COMMERCIAL &
(660)
........
-
the
preferred stockholders is inadequate to com¬
pensate them for the rights which they arc to surrender, and held
that the plan could be found to be fair only if it should be amended
to increase the allocation of new common stock to the 6V>
preferred
under
plan
13V.—V.
to
171,
to
the
87V
p.
and
556.
reduce
(Continued
that
to
the
common
stockholders
..
on
page
47)
i
Volume
171
Number 4881
THE
COMMERCIAL
&
FINANCIAL'
CHRONICLE
Stock Record «» New York Stock
(661)
Exchange
DMLT RANGE OF PUCES
WEEKLY VOLUME OF TIMING
YEARLY HANS OF SALE PUCES
FOR EVERY USTEO ISSUE
Range for Previous
STOCKS
Year 1949
Lowest
$ per share
37
Range Since Jan. 1
Highest
Jun
Lowest
$ per share
51
$ per share
Dec
49% Jan
NEW
Highest
YORK
LOW
STOCK
Saturday
EXCHANGE
$ per share
Par
13
54% Jan
21
Abbott Laboratories
1%
Jun
Dec
2% Feb
1
3% Jan
11
ACF-Brill
17%
Oct
21% May
19% Jan
3
21% Jan
11
Acme Steel Co
xl7y8
Jun
23
Dec
21% Feb
8
23% Jan
11
Jan
Adams Express Co
44%
Sep
41
Jan
24
42
Dec
43
Jan
13
Dec
17% Jan
3
35
3%
27% Mar
14%
47
Nov
5%
JL9%
Jun
46
11%
51%
May
18%
Jan
Dec
9% Jan
51
Jun
4%
Jan
3
5
3
Nov
Jan
Adams-Millis
Feb
10
Addressograph-Multigraph
Feb
9
53
10
9
Alabama
3
Alaska
3% Jan
24
13 yB
Feb
18%
Dec
16% Jan
30
18% Jan
10
Apr
73
Sep
67% Jan
4
71% Feb
9
4
Dec
3% Jan
3
4% Jan
11
Dec
78% Jan
3
85% Feb
2
2%
Feb
Feb
64%
17%
82%
Jan
86%
Jun
88
July
6
Jun
165
27%
Sep
83
Jun
15%
Dec
80% Jan
24
83% Jan
4
21% Jan
3
25 % Feb
4
94
5
98
7
Jan
104
Mar
Jan
93%
8%
Jan
8% Jan
3
Dec
200% Jan
13
210
Jun
Feb
Feb
19
9% Jan 10
211% Jan 23
Dec
19
Jan
3
24%
Jun
30%
Oct
28% Jan
13
29%
Feb
35"%
Dec
'32% Jan
13
36 % Feb
Jan
25 %
Feb
76
Jun
88
Jan
37%
2%
,
33%
Jun
37
Apr,
89%
Feb*
34% Jan
6% Jan*
93% Feb
31% Jan
97% Nov
26%
Dec
Dec
43
,2
Allied
3
Allied
10
95% Jan .3
13
26
Jan
18
40% Feb
Sep
*•
40
Jan
26
113% Feb
3
44% Jan
3
9% Jan
10
10% Jan
2
-
Jan
70
Dec
Feb
10
27
Dec
24% Jan
14
5
75 % Jan
Jun
26 % Jan
x69
61% July
69
Oct
64
Feb
2
Dec
10% Jan
13
11% Jan
35
Jan
32% Jan
3
104
Jan
101% Feb
8
7% Jan
13
July
5%
Jun
2%
Jan
172% Mar '"
Jan
6%
Mfg
49
247
25
11%
11%
11%
11%
11
11%
11%
11%
*51%
52
51%
51%
51%
51%
51%
51%
52
53
23%
24
23'%
23%
23%
23%
23%
23%
23
2374
121
3
3%
*17
17%
Petroleum
12
104% Jan 20
18
10
7% preferred
American Car Sc Pdry com
7% preferred—
American Chain & Cable
70% Jan
4
24% Jan
16
26% Jan
12
76
Feb
6
19% July
39% Feb
25%
47%
Sep
44% Jan
7
49% Jan
31
American
15% Feb
19 %
Dec
18% Jan
24
19% Feb
10
19%
Oct
18
5
18% Jan
9
71% July
87
35%
Feb
51%
99
Jan
Jan
Mar
82
Jan
3
86% Jan
23
Dec
49
Jan
13
52% Feb
2
Dec
115% Jan
16
122% Feb
3
36% Mar
32% Jan
13
35% Jan
27
120
3%%
91
*88
91
*88
91
*88
Range Since Jan. 1
Lowest
Highest
S per share
*8%
24%
9
210
25%
9
8%
209
206%
8%
210
,*20%.
208
21
*20%
20%
20
29%
29%
29%
36
35%
36
35
95
94%
94%
33%-
33%
32%
33%
89
89%
*88 %
36%
36%
36%
*
*4
*40
i
43%
t per share
*1974
28%
28%
28 74.
1,900
35%
35%
357k
35%
3574
6,300
94
95
95
32%
33%
88%
88%
36%
-
36%
3%
x93%
93%
93'%
2,200
33%
3474
II,900
89V4
88%
88%
700
367a
307a
x35%
3574
1,400
*3974
3%
45
107 V*
107%
43%
43%
43"4
10%
70%
10 y#
1074
69 74
70%
*374
*38
43''4
10%
108
108
10
10%
10
10%
70
70%
69%
70
25%
25%
25%
25%
25%
25%
25%
25 y,
66
67
64%
65%
•65%
66%
*65%
374
1,500
45
10674
43
2574
66
•70
100
33%
374
»
2074
8874
4
45
207
33 %
'•
10%
25%
3,100
20%
71%
♦65
107%
207%
28%
10%
-
2,600
*19%
*39%
43%
100
874
205%
71%
108%-
1.800
43%
10'/a
X69
25%
2,100
11074
-69
25%
33,900
<
1,900
2,400
11%
11%
11
11%
10%
11%
1074
1074
11
1074
34%
*
66%
11%
34%
1174
34%
34%
34 %
34%
33%
34
5,600
34
34%
3474
3474
102%
102
3,100
102%
10174
*102
102%
*102
*66
67
50
r
102%
102%
101%
8%
8%
10174
8%
8%
8%
400
8%
8%
8%
8%
8%
8%
4%
l
1
4%
874
4%
4%
4%
4%
4%
4%
9,600
4%
4%
116%
4%
5,300
11274
1127a
11474
187
186
187
•101%
116%
114
114%
112% 113%
4%
112%
138
186% 186%
186% 186 %
186
25
116%
loo
*186%
188
*186%
27%
28
27%
28%
27'%
27%
27%
28%
28%
29
loo
*75%
75%
75%
76
75
75
75
75
75%
76
25
25%
116
.
2874
5,700
130
29'%
13,000
*76
7774
900
25
2,400
No par
No par
25%
25%
*25%
25%
24%
25 %
247a
25%
49%
49%
48%
48%
•48%
48%
4874
2574
50'
19%
19'%
*19%
19%
•18
19%
19%
491/4
19%
•4974
IS %
49%
19%
48%
lo
19%
18%
1974
18%
700
18%
18%
18
18
18
18
•18
1874
87
86
1,300
86
•86
87'%
10
51%
5174
15,800
120%
121%
2,300
34%
2,100
10
com
*18
100
*85
10
preferred series A-100
Distilling Co
20
:
87
52
*85
52%
*121%
34
87
51%
123
122
34%
34
*85%
52%
121%
18
35
51%
121
34%
87
•85%
51%
51%
5174
120% 121
121%
34%
34
34%
517a
120%
<%4
5174
121
o474
34
2,300
LOW AND HIGH SALE PRICES
STOCK
Saturday
EXCHANGE
Monday
Feb. 4
t per share
tper share
43 %
874
4,800
20%
4
111%
8%
2474
29%
45
*38
109
87a
No par
Co
NEW YORK
Highest
36%
4
,
111%
43%
43
36%
8%
24%
206y4
35%
33
89%
24%
2874
95
32%
4
45
110%
113%
42%
par
*39%
45
.
36%
3%
4%
,
*113%
*94%
*88%
89
24%
*19%
35%
*94
•
206
29%
35%
24%
*8%
20
29
*
1
24%
8%
207
29
100
50
25%
STOCKS
Year 1949
100
91
common
Cyanamid Co
Range for Previous
Lowest
81
*88
Broadcasting Co Inc
Chicle
81
91
conv
American
84
I,500
84
*88
Colortype Co
American Crystal Sugar com
4%% prior preferred
American
*81
*83
91
American
14
Dec
84
*81
84%
*88
100
Jan
3
12,700
2,300
100
No par
29% Feb
4
25% Jan
50
374
102
2
190
183% Jan
72%
374
*97
American Cable & Radio
Corp
Sep
*71%
3%
50
American Can Co
Jan
71%
3%
84
100
preferred
14
Jan
71%
3%
85
10
28
33 %
1674
*97
100
Jan
82
4,200
1674
3%
*84%
84
100
3'/4
3
16%
71%
*70
3%
85 %
*81
810
10,800
16%
100
,
119
187%
83
41,000
16%
*97
common
3
Jun
*81
3%
52,700
118'%
24%
preferred
American Bosch Corp
Amer Brake Shoe Co com
4% convertible preferred
American
84
3%
85
3
118%
98
common:
conv
3
17
71%
3%
85%
113
24%
American Airlines
3% Jan
9% Jan
*70'%
3%
85%
16%
117%
98
No par
105% Jan
5% Jan
71%
3%
3
100
4,800
*
1174
100
com__
Corp
Dec
-
16%
119
3
11%
42'%.
*98
No par
Dec
♦
*70%
119
3%
16%
85%
%
124
3
a
100
Chemlcal__No
6%
"119
3%
17%
17
72
3%
121
3%
*41
25
Amer Agricultural
cum
*70%
*118
42 %
*98
convertible preferred--.—
Amerada
121
*41
par
__
Jan
Jun
474
43'%
25
11%
common-No par
4%
60
25% Jun
48%
24%
11%
No par
10%
21%
Jun
48%
24
lo
106%
Jun;
81
35
*40%
48
22%
loo
conv
3%%
66 % Jan
12
*
42%
47%
23%
24
:
American Bank Note
x7%
96 %
preferred
Allls-Cnalmers
1,300
43
51%
gtd
Amalgamated Leather Co
Jan
*40%
4,000
41
No par
oommon—No par
11
:
2174
100
.
4% Jan
:■
21%
22%
l
8
40
21%
No par
3% Feb
102
21%
46
5
,
Stores Corp
3%%
21%
41
*81
preferred
Alpha Portland Cement
9
21%
23%
85
11
18
3,700
22%
46%
1
-
„
22
42%
100
38% Jan
■
22%
4,400
23%
100
Dye
Mills
4%
22%
2074
3
46
Allied Kid Co
11
20%
54
23%
Industries Inc
Jan
20%
24
preferred
Shares
20%
3
45%
preferred-No par
conv
Feb
,
51
30% Mar
Allen
*2%
20%
51%
w
34% Jan
90% Jan
Oct
10% July
21
20
Jun
w
Allied Chemical Si
53
2%
20%
3
23'%
common
3
Jan
45
conv
53%
°7/a
20%
53
1
Allegheny Ludlum Steel Corp.No
$4.50
53%
3
20 %
5
10
87% Jan
,
4% Nov
120%
prior
54
21
21
42%
preferred A
$2.50
53%
20%
53
45%
common
preferred
5%%
$ per share
50
X35 % Feb
Oct
.
4%%
i per share
2%
*40%
Vlcksburg Ry
Mining
Allegheny Corp
Sales for
the Week
t per share
3
No par
Allegheny & West Ry 6%
25%
83%
Inc
Fridav
Feb. 10
Feb. 9
1
Juneau Gold
Aldens
Thursday
53%
No par
S3 preferred w w
Si
Feb. 6
53%
*2%
Corp..10
Air Reduction Ine
1
64
40%
Corp
22
Corp new common
Affiliated Gas Equipment com
Feb
Feb
Wednesday
$ per share
22%
21
Admiral
25% Jan
121
3
1
25
5
22% Jan
110%
$ per share
53%
*2%
10
23
9
,
HIGH SALE PRICES
Feb. 7
'
% Jan
11% Feb
53%
2.50
;
AND
Tuesday
Feb. «
S per share
5
Motors Co.
49
26
110% Jan
23% May
Dec
97% Mar
2%
Dec
.
Monday
Feb. 4
Par
Tuesday
Wednesday
Friday
Bales for
Feb. 7
Feb. 8
Feb. 9
Feb. 10
the Week
$ per share
9 per share
S per share
$ per share
Feb.«
$ per share
$ per share
Feb
674
Oct
674 Jan
6
7% Jan
30
American Encaustic Tiling
1
1374, Feb
774
197/8
Dec
1874 Jan
28
197a Jan
774
7%
12
American European Secur
American Export Lines Inc
7%
774
774
774
No par
19%
191/4'
19%
19%
1974
19 74
3974
19 Va
40c
23%
24%
23'%
24%
23%
2374
23
2374
374
3'%
3%
3%
7074
*69'%
774
Thursday
*71/4
7:'a
7%
7%
*19%/19%
19%
197a
' 2474
23%
24
374
3%
Shares
1,400
600
1374
Jan
l'%
Jun
374
Jan
69 y2
Dec
$7 preferred
No par
70
Jan
19 y4
Dec
16
Jan
19% Jan
10
$7 2nd preferred A
71%
Jan
64% Jan
11
1874
1774
$6 preferred
17%
3,200
Dec
54
177 a
6iy4
No par
No par
18
Jun
1774
17%
1774
18
19%
13 VB
19%
*60
6174
60
60
591.4
60 %
60
601/4
59%
61%
60 %
61%
5478
5374
16,100
3,200
54
4174
40
41
12,600
44
674
37
457a
Oct
34
Jun
3%
21% Nov
51%
2474 Feb
4
3% Jan
11
74% Jan
64 74 Jan
49% Jan
Oct
3974 Feb
5474 Feb
42 74 Jan
10
Amer Si
Foreign Power com__No
18
American Gas & Electric Co
American Hawaiian S3 Co
12
American
3
Oct
4% Jan
46
Jun
48
Nov
4774 Jan
48
Jan
30
24'%
Jan
3274
Dec
3174 Jan
34
Jan
20
11
American.Ice Co
74
Jan
97/a
5% Jan
774 Feb
Sep
8'% Jan
73
Feb
Aug
88
Feb
11'%
Feb
1574
Dec
14
Jan
13
1574 Mar
22%
Dec
2174 Feb
6
1274
Jun
73
Jun
11% Jun
Jan
76
100
91
Jan
20
1574 Jan
9
22% Jan
12
18
10
*
18%
Jan
Jan
102
15 Vb
Dec
84
Sep
15
Jan
27
Jan
4
1474 Jan
12
84
Jan
4
5% Jan
3
■78
Feb
Feb
3
1674 Jan
9
84
Feb
3
674 Jan
H
90
474
Jun
22'%
963/4
Jun
33%
Dec
32 % Feb
6
3474 Jan
11
Jan
105%
Nov
104'% Jan
3
IO51/2 Feb
6
7% Mar
Hide & Leather
non-cum
common
54%
5374
54%
5374
537»
407/»
3974
40
40
40
574
5%
51/4
5%
5 Vb
514
*4774
4974
*47'%
4974
*47%
4974
*4774
497a
*47%
49%
♦47%
327«
3374
S3 74
X32%
100
No par
100
No par
33
*7%
88
15
*15'/a
15%
600
2174
*21''2
2174
1,000
16%
*89
1574
*83
*674
*3574
10774 Jan
4
Jan
13% Jan
13
169
Mar
178
6% Mar
23'%
Jan
37
Jun
Jun
3974
Feb
142
Jan
3474
130
Sep
8%
176
Feb
10
7V4 Jan
25
26
48
Jan
11
43%
Dec
39% Feb
10
43% Jan
56%
Jan
164
Dec
42%
Dec
5374 Jan
13
Jan
27
158
40% Jan
2474 Jan
3
Dec
29% Jan
13
Jan
10'/2 Jan
5
Jun
16
July
Jun
150%
Jan
153'%
674
2174
18,700
100
No par
American Snuff Co
25
common
preferred
100
American Steel Foundries
Stores
Co
Dec
x73 74 Feb
151
Aug
G
10
117% Jan
874 Mar
80
Feb
Jan
774
Dec
25
76% Jan
31
9
154% Jan 11
75
Jan
4
120
Jan
11
3
10% Feb
6
2774 Jan
3
32 74 Jan
28
85
Jan
5
94
74 Feb
71% Jan
10
74
Feb
2
Feb
3
774 Jan
10
7% Jan
6
Dec
65
8
Feb
69 'A Feb
10
30
65
Jan
25%
Jun
35 V*
Jan
2874 Jan
3
31
Jan
3
22 %
Jun
35%
Jan
2874 Jan
13
3174 Jan
12
25%
Jan
4074
Dec
37
Jan
27
40 y2 Jan
6
10974 Jan
11
108
62
Jan
Dec
106% Jan
20
Jan
55 y4
x51
12
Jan
54
Feb
12
9
Dec
2074 Feb
10
23% Jan
7
liy4 Nov
91/2 Jan
4
10% Jan
12
2874
American
Tobacco
*4074
*4174
*140
7%
$4
4174
55'%
160
41%
143
41 %
*140'%
4174
55%
162%
4174
143
*175
176
774
774
46'%
46%
*4074
55
161J%
*41
*140'%
4174
551/4
41%
41%
*14074 143
•1401/2
41%
143
40'/b
220
5514
5,900
161%
280
41.%
400
143
26
2674
26
26%
26
26%
26
2674
3174
31%
31%
3174
32
3174
3174
1,600
1174
1174
11%
11%
11%
11%
11%
1174
39
3974
3914
39%
3974
39'4
39
39
39
39
391/4
3974
2,300
2,000
134 %
*130%
132%
*13074
132
132
*1301/2
2174
14974
100
75»/4
152
71%
*118
22
21%
14974
149%
75%
99
14974
132
21%
21%
217a
22%
149%
149%
149',2
149%
*73%
75
7574
75%
7574
152%
152%
15274
7174
7074
7174
118'%
7174
118'%
118%
118%
70'%
119
100
*92%
93
93
93
931%
*7374
75
75
*73'%
1
6 7«
25
Anaconda Copper Mining
50
No par
Cable
*73'%
6%
6%
*62%
6374
*62%
2974
29%
29%
*28%
29%
2874
29
Corp com__12.50
3774
3774
No par
*10674
107%
21%
5274
5274
lio
22 %
22'%
20
10 %
$4 preferred
Anderson, Clayton & Co
Anderson-Prichard Oil Corp
Andes Copper
Mining
5
No Par
*374
10%
37a
38
38%
974
152
70%
119
74 y4
15274
7074
119
7374
75
74'/a
152%
400
69',4
69%
5,600
•118%
119'%
11874
118%
250
974
35,500
974
934
3174
94
93
94%
93
93
75
73%
73%
74
74
6%
6%
*62 74
2974
2974
29%
29%
2974
29 V,
29%
63
*62%
63
8,600
7374
31 Va
6374
2,900
27,000
152%
974
2974
200
22%
71%
31%
674
131'A
14974
153%
9%
6 Vb
22
14974
70%
153
3074
674
♦1301/4
6,500
974
31
32
94%
94%
17,900
480
*73
75
200
6'/8
6
6
1,600
62%
62%
♦62
63
29%
29 3 4
291%
2974
20,200
29%
29%
29%
29'/4
470
4,300
6y8
100
37%
29%
38%
39%
3974
39%
39%
1067a
107
•106%
107%
•106%
107%
♦10674
10774
*52%
21%
53
53
53V2
53%
5374
54
54
*53%
54i%
2,000
22
2174
2174
21%
21%
21%
21%
20%
21 y2
6,800
3734
*
13074
21%
149%
151
152
13074
21%
14974
No par
Archer-Daniels-Midland
1,600
31 %
prior preference
A P W Products Co Inc
41%
♦140%
80
7,400
45%
12
31
9
4174
143
3974
55
16174
49,500
774
31%
974
12
55%
45
176
2674
30%
3% Jan
401/2
162
774
1174
31%
x44% Feb
46'/2
176
3174
10%
4
>774
26
974
13
*41
176
12
3074
3 74 Jan
40%
16174
10
34% Jan
46
54%
31
Jan
41 y4
774
isi%
9%
Nov
46%
•175
54%
3074
Anchor Hock Glass
*40%
7%
♦160%
5
&
46
176
5574
No par
Wire
7%
162%
common
Woolen
*175
14%
2674
Amer Zinc Lead & Smelt com
$5 prior conv preferred—
Anaconda
4174
774
47
1474
317a
25
preferred
conv
4674
177
14%
16 y4
12
preferred
American Water Works Co Inc
American
7%
16%
26
100
5%
4%
*175
774
47
1674
31%
common
4274
24.
177
1474
16
No par
6% preferred
100
American Viscose
Corp common__14
2% Aug
page
7%
47
5
2674 May
see
*175
16%
No par
;
American Tel & Tel Co
Dec
121
footnotes
118
14'/a
3
Jun
For
117%
1474
4
Jun
8'% July
117]/2
1474
22% Feb
Sep
1574
116 '/a
149% Feb
4%
Jun
116% 117
1474
3
5974
Jun
11574
1474
13
91 y2 Mar
99% Mar
115%
14%
1974 Jan
38%
48'%
116
1474
146 V4 Jan
Jun
Jun
11574
1474
5
79
48%
116%
No par
com
128% Jan
Dec
74
Jan
11574
49,700
16,100
Jan
I
76%
Jan
Apr
1401/4
Nov
20 y2
138
xl1774
600
16%
No par
San'y
3674
161/4
139%
25
Jan
♦3574
1674
13974
38% Jan
132
36
16%
Nov
128%
500
12,000
138 y2
55%
10
80
7%
3174
139
American Stove Co
No par
American Sugar Refining com
100
7% preferred
loo
American Sumatra Tobacco
41% Jan
105'%
*674
31%
138y«
15974
American
105%
7%
31%
138
55 %
11
2,400
1,300
137
159%
12
36
107
6%
3274
138
100
17
35%
7
31%
90
6'/a
3274
-■
1674
16%
No par
Jan
35 %
•105%
200
17,200
13774
preferred
1274 Jan
32
7%
31%
84
35,300
16%
Dec
45
120
6074
26% Jan
107
*7%
31%
1574
138%
preferred
non-cum
*105%
774
3174
Amer Smelt & Refg com
6%
674
3274
77a
9
5
*831/4
6%
3174
3574
84
*3274
774
3574
*83%
6%
3178
3574
18
90
15%
32%
7%
35'%
1774
90
16
6V*
31'%
35%
17%
91
1574
138
No par
com
$5 preferred
Amer Rad & St
7%
107
177a
•89
32%
73/s
3
18
6%
32%
31%
5
13
12'%
*7
No par
Jan
31%
6%
Safety Razor
Seating Co
American Ship Building Co
Jan
Jan
84
American
42
Jun
4974 May
Jan
84
*8374
1774
91
No par
Light
$6 preferred
7%
85
American
145
7%
Feb
5774 Jan
166
11
2
Jan
141
974 Jan
13
Sep
28
135
30
44'% Jan
2174
u.
176% Jan
Dec
150
Feb
10
10
Nov
Jun
3174
Feb
14% Jan
49
Jan
1974
118
83
*105'%
Amer Power &
Dec
83
105%
3174
14%
35
105'%
No par
109%
1574
*674
No par
Jun
1574
*3274
American Natural Gas Co
10
17
*89
1674
6%
American
10
17
90
1534
32%
5
10
167a
90
16%
*674
28
1674 Feb
1674
90
3274
7% Jan
140% Feb
1674
15%
*88
33
36% Jan
4
16%
15%
91
107
3274 Jan
3
50
15
2174
5
Jan
1,000
15
2174
13
Jan
8,800
774
90
IS
25
15
33%
21%
291/4 Jan
128
7 7b
*88
15
3474 Jan
Dec
33
8
2174
Dec
1574 Dec
33
91
15
Aug
130
"774
*89
2174
7
Feb
8
91
151
*32 'A
1
77.
2174
*105%
Co
32%
*89
15
100
Co
7%
90
21%
36'%
Feb
7%
*88
1574
3374
Feb
7%
90
800
2,100
2174
Feb
71/2
774
*88
*40
15'%
Jan
837a
8
89%
4074
2174
Nov
707a
33
33%
*40
com.Nopar
preferred
13,500
5,100
4974
33%
100
News
70
574
No par
preferred
American Molasses
71%
574
57a
7
53%
69'A
5%
287a
6'% Jan
5474
70
3%
574
*41
32
Oct
5374
69'%
3
5 74
1
Amer Mach & Fdry com
3.90% preferred
474%
74
374
50
preferred
Amer Machine & Metals
American Metal Co Ltd
69'4
374
*5%
American International Corp.No
par
American Investment Co of 111
l
American Locomotive common
1
7%
54%
70
3
23%
1
10
com
6%
6%
par
10
convertible preferred
American Home Products
5
5y4
3
274 Jan
Dec
43 y2
Jun
20% Jan
Dec
*10
3774
1074
37 a
3'%
38%
3874
38
10674
*10
*374
39
3874
107
1074
3%
39
•10
3%
39%
10%
3y4
40
•10
3y8
x40
1074
10'/a
10%
60
200
3ya
*3
374
700
44%
41
41%
3,400
13
14
COMMERCIAL
THE
(6621
YORK
NEW
Range Since Jan. 1
Year I !> +!»
Lowest
Highest
S per share
19 V2
Jun
29%
Dec
26 Va Jan
13
30% Feb
Jun
95
Feb
89
Jan
3
99% Feb
13
7% Jan
Dec
77%
51%
101%
Jun
114
Va
Oct
Jan
52
Jan
11
24
31
Jan
13
Jan
27
9
24
113% Jan
9
Jan
112
&
prior preferred
1017a
101%
101 "2
280
113
112%
112%
112
112'%
260
157k
157k
5
400
Co com
Constable Corp
9
9
Artloom
9
Associated
Carpet
5
Co Inc
Jan
6
110
Jan
30
6%
1st preferred
Dec
100
Jan
4
104
Feb
7
7%
2nd
13
59 % Feb
110V< Jan
20
97 l/z
Jun
105%
Nov
103% Jan
27
10 Va
Dec
15
Jan
12% Jan
3
104% Jan
Investment
Co
41
Jan
13
Dec
68
Jan
28
70% Jan
5
94
Mar
87
Jan
13
89% Jan
20
30%
Jun
42%
Dec
30% Jan 24
40% Feb
3
Jun
112%
Dec
108% Feb
1
111% Feb
9
93%
Jun
102
Dec
99% Jan
5
101 «/3 Feb
1
20
Jan
Aug
22% Jan
19
16
25% Feb
7
—
,—
Atlas Corp—
3
Atlas
Jun
58
Jan
Feb
110
Dec
105
Feb
2
Jan
13
Jail
25
6% Jan
24
20'
Feb
7%
13 Va
Feb
15%
4%
Jun
4%
52% Jan
Sep
55'% Feb
109
109
1047a
103
103
103%
*103
Atl
G
I SS
w
Ac
5%
4%
104%
103%
13%
147k
13%
457k
45 7a
46
457k
697a
*68 Va
69
90
*88
89%
39 %
39%
397k
397a
39 74
110'A
11034
101%
101%
25 %
25%
25 Vk
Preferred S3.75
Powder
55%
55
110
110
110%
M00
*101%
1017a
1017a
1017a
101
10174
247k
25%
24 7a
257a
24%
55%
55 y2
557a
557a
55
557k
1067a
*106 7a
107%
107
107 7a
convertible preferred—
100
106
^No par
*18
Jan
10
Austin' Nichols common!
„No par
7 7a
10
Autocar Co
5c
6%
12
Automatic Canteen Co of Amer—5
*13%
5% Jan
3
Avco
7%
Jan
44%
Jan
Jun
15
Nov
Jun
12%
Jan
7
prior pref
—
($1.20)
No par
.4
—,
J an
31
42% Jan
31
14% Jan
14% .Ton
25
BabbUt
10% Jan
12% Feb
10
T«.
A
Mfg Corp
(The)
108
*18
7
7
1,200
13%
6:200
45
4,500
*68%
83%
39%
1107a
111%
110%
101
100%
100
111%
1007k
101
40
*106 Vs
Va
200
69 %
*83
1
897/k
■
7
•
8,200
1,330
530
25%
16 900
55
55
%
1,420
*106%
40
107
*18
19
300
7
18
7
1,200
6%
6%
40
24%
•
1077a
18
19
7
69
69
*88
104%
13%
44%
'
4574
3(447,
3,300
15%
600
67k
6%
6%
*67k
6%
6%
6'/a
6%
67k
6%
6%
1.300
13%
13%
137a
13 V2
13%
13 %
137a
13%
Xl3%
13%
2.400
15
15
15%
"
15 7a
1574
*15 7a
*15
15%
*14%
15%
63A
3
common
No par"
$2.25 conv preferred
140
4,900
105%
67k
67k
6%
6%
67 k
6%
6%
67k
6%
6%
6%
36,700
*417k
Baldwin Locomotive Works.——13
Baltimore & Ohio common
100
ft/.
OH
*10672
14
,
53%
137a
*15
3
7% Jan
14% Jan
54%
•
19
77s
7 7a
7 7a
25%
*18
18
18
19
15% Jan
Jun
897k
1097k
Atlas TaCk Corp
14
69
*88
109 7a
3
Jun
*68
88 74
*108%
5
Conv
45%
68 74
40
12
4%
68'A
88 74
397a
series B
1047a
14
45 Vk
140 %
common
*104
'
137a
A—100
series
550
103%
57%
104%
10574
45 Vk
40
12
Nov
1,100
6.100
104%
1
25%
54V/3
74
"104
105
137 k
No par
preferred
conv
*68
-
1C5 7a
104V4
104%
104
'
25
j.
57%
55
-5974
104 7a
25
47/«
11%
16%
108%
*102
104
"
56%
14 Va
*88
common
*102
1047a
52
51%
5
Refining
104
137/a
517a
100
preferred
non-cum
Atlantic
*102-
104
104 7a
Jan
10%
11%
107%
'
52 %
6% Jan
34%
*
16
167a
1037a
106 7a
12 % Jan
15
15
117a
16%
107%
167a
52%
Jan
Dec
11%
11%
108
1057a
17% Mar
8
16 Va
108
1097a
107%"
Jan
8
11%
17
157k
107
19Jan
110
1574
-
108
45%
47
73
Sep
108 74
10
Feb
15
108 74
No par
Lines common
1
Inc„_
Jun
42
17
preferred;.——I—100
T F
Feb
100
*11
10874
Atlantic Coast Line RR.
77
24 %
11%
17%
51%
32 y2
106
11%
17 7a
*107 7a
53
Jan
167a
11 %
11 Va
10
non-cum
A
6
31
Jail
•157k
17 Vk
Topeka & Santa Fe com—100
Atch
12
14% Feb
46
167a
•157k
11%
100
100
preferred
Associates
9
16
__
16
49%
497a
17 7a
No par
1
.
49%
49
'
105
47 y2 Jan
16
Dry Goods common
Dec
100% Jan
3,300
1017a
*112%
Jan
Jan
49%
1017a
113
17% Jan
NOV
49 %
49 7a
48%
900
76
113
12% Jan
50%
437a
75%
113
3
105 Va
*75%
x48%
22,900
1127k
4
Jun
75 %
757k
75 74
767k
540
9%
113
10
Feb
76%
No par
18,600
95%
9%
76
*75%
76
30 Va
95
9%
*112%
Feb
30
96
9
x29 %
307k
96
9%
*101
9% Jan
30%
30
97 Va
9
1017a
15 % Jan
101J/4
30 Vk
967k
97a
7574
101
Sep
Apr
29%
93
9
101%
Jan
37
30
97
1017a
Dec
109
2974
9 7a
497a
15%
Apr
30%
98%
9
Shares
101%
13 %
95
297k
97
9%
the Week
S per share
•48%
16%
19
30%
98%
97a
tor
Sales
Friday
Feb. 10
Feb. »
$ per share
share
*101%
7% July
15
$ per
share
No par
13% Mar
Feb
$ per
30
5
com
Feb. 8
$3.75 preferred
—
No par
$4 convertible preferred— No par
Armstrong Cork
Arnold
11%
Illinois
of
Co
$ per share
Thursday
Wednesday
98
lo
100
common
convertible preferred
% '7tt
$6 conv
77
101% Jan
69
Dec
105
4
Armour
43
Dec
Jun
Jun
94
9
100 % Jan
Jan
38% Jun
49 V2
Steel Corp
Armco
30
PRICES
SALE
Feb. 7
Feb. «
$ per share
HIGH
AND
Tuesday
Monday
Feb. 4
Par
1
9% Jan
8%
Saturday
Sper share
share
$ per
5 per share
Highest
Monday, February 13, 1950
RECORD
LOW
STOCK
YORK
EXCHANGE
77
Jun
STOCK
STOCKS
Range for Previous
Lowest
CHRONICLE
FINANCIAL
*
NEW
5
&
*
>42%
41%
41%
40%
41 Vk
407a
407k
41%
417k
41%
42 %
1,300
1474
15
147s
14%
147a
14%
147/„
147a
15
127a
1278
12%
1274
12 74
12%
127a
12%
12%
19,000
117a
10%
11 Va
15,500
B
xl3
8%
7%
14%
11%
Jun
9% Jan
Jan
11% Jan
21% Jan
Jan
19
11
11
(B Ti
Inc..:
Jun
22 Va
14%
Jun
25
Jan.
60'%
Jun
72
July
66
Feb
72
Jan
5
38
Jun
53
Dec
44
Feb
48% Jan
4
Barber
Oil
15
Sep
21 Va
Jan
16% Jan
20% Feb
8
Barker
Brothers
41
Feb
Mar
Dec
Oct
4%
227TJ«n 23
>
39
Jan
26
10
57% Feb
3
Barnsdall
Jan
9
Bath
14% Jan
20
47a7
Oil
20%
20
207a
187a
187.
66%
6674
47
197a
38
*37
33
56
56
56
197a
127a
197a
19%
19%
11
127a
32
87 Va
Feb
Dec
98
*98 7a
99%
12%
Nov
*19
19%
convertible pref erred——100 '
Oct
21%
Dec
20%
237« Jan
30
86%
Nov
74'
Jan
85% Feb
2
Beck Shoe
Jun
10%
Jan
7% Feb
97a Jan
9
Beech
27%
Jun
32%
Feb
29
6
Beech Creek RR
30 y2
Jun
7
Mar
32
11%
Jun
1G
Feb
L'eccn-iNUt Packing Co
Pp'dln^-Heminway
16%
Jun
10%
Feb
11 y8
Jun
17
Oct
98
Mar
26
2
34J/a Jan
5
3
13% .Ton
24
'1
,14% Feb
9
Bell
11
Bell
Ac
Jan
3
47j %
Feb
10
Bendix
.'3
Bendik
Home Appliances
4
Feb
10
,87
34% Jan T3
40"
37%
Dec
11
Jan
9 Va Jan
21%
Feb
27%
Nov
25% Jan
6
73%
Jan
85
Dec
86
Jan
12
Feb
9
Jan
12
112
Feb
10
2% July
1% Jan
4
2
% Jan
11
27%
Oct
26 Va Jan
3C
Dec
109%
Jai>
25
May
23%
106'y2
26% FebMO
89v
Jun
Cum pfd
5
Best
34 % Feb
1
Bethlehem Steel
Dec
139% Jan
21
142 Va Feb
10
Jan
13
Jan
9
9 V2 Jan
3
12% Feb
10
31% Mar
Oct
11% Mar
26
28
7%
_
Lowest
Highest
f per share
$ per
$ per share
share
NEW
YORK
30%
Jan
26% Jan
4
,29% Feb
'3
Black Ac Decker
Jun
15% Nov
14'/a Jan
13
15% Jan
12
Biaw-Knox
8%
Jun
14%
Dec
13
15
Dec
9V
Feb
1474 Jan "5
8
•
Bliss Ac
4
147a Jan
Jun
25;A Mar
22% Jan
3
27% Feb'
9
23 >a Jan
25
27
Jan
5
Bohn
50
Aug
64
Jan
53% Jan
60 *
Jan
10
18
Aug."
32%
Jan
19'A Jan
13%
Nov
19 % July
15
38% Mar
51
Dec
48 Va Jan
9
42%
Apr
597«
Dec
56% Jan
13
91 % May
93%
Dec
97 % Jan
3
1% Mar
2Va
Jan
17a Jan
26
Jun
Dec
38
3
3
16% Jan
Ami
Co blass
Borden Co
60'A Jan
100
Jan
9
30
27a Jan
11
38% Jan
9
(The)——
Boston & Maine
Bower
Roller
77a Jan
3
9% Jan
10
Jan
47%
Jan
28
Jan
21
32% Jan
26
6V2
Jun
9%
Apr
8
Jan
3
21%
Jun
32
Jan
28
Jan
13
20 Va
Jun
297a
Nov
28
Jan
31
33
Jan
X25% Feb
*9
29% Jan
Dec
1037a Feb
8
105 7a" Jan
13
39 Vi Jan
30
13
137a Feb
9
Brown
Jan
3
Brown Shoe Co
8% Mar
Jun
25%
Oct
98
Jan
13%
Jan
9
105%
39
Dec
36
12%
Dec
1174 Jan
40
Jan
Dec
38
Jan
974 Jan" 9
30% Jan 11
2974 Jan
9
Feb
40
7
6
18'
95
Jan
Feb
8
103 % Jan
24
15'A
Jun
24
Dec
22 V2 Jan
13
25% Feb
3
13%
Jun
1974
Dec
18 '/a Jan
3
207a Jan
27
123 V2 Jan
26
Feb
2
127a Jan
3
147i Jan
14
74% Jan
3
767a Jan
9
4
39% Jan
102%
125
Feb
120
Sep
137,
Dec
61% July
76
Oct
26%
35%
Dec
7%
Jun
101
Dec
.
124
Bristol-Myers Co
3%% preferred
As
(The) Co
I—100*
24
Buffalo Forge Co._
20
Feb
10
Dullard Co
36% Jan
11
13%
Apr
19%
Dec
18% Jan
13
20% Jan
10
Burlington Mills Corp
977a Feb
10
4%
Nov
94
Jan
4
91
Dec
87
Jan
24
89
Jan "
84
Dec
82% Jan
18
86
Jan -37
13 V2
Jun
16%
Jan
137a Jan
3
15
Jan
9
May
8% Jan
6
Jan
5
Bush
x97% Jun
9
122
Dec
Jun
117.
Dec
60
Jun
82
Feb
3
Feb
17
Jun
6 Va
47a Mar
247a
Jan
Jail
12
9% Jan
13
120
71
4% Feb
2
Butte Copper As
Jan
25
24% Jan
5
Byers Co
1057a Jan
24
>A
Jun
Dec
102% Feb
10
Jun
26%
Jan
22% Feb
"3
30
Feb
367a
Dec
34% Feb"
5
52
May
58
Apr
53
Jatl
5
1
Jun
2
Oct
1% Feb
8
372
Jun
57k
Jan
4% Jan
167a
Jun
227k
Jan
19% Jan
97k
Jan
12%
Feb
1074 Jan
101
Jan
4
40
105
109% Mar
1%
(A M)
7%
common:.
367k Jari
11
California
Jan
26
10
3
1% Ja,n
4% Jan
4
22% Feb
6
3
11% Jan
11
103 % Jan
18
7
5%
Packing
Jun
41
May
Jan
5
41
Jan
11
Canada
1674
Jan
21
Oct
19% Jan
16
20
Jan
10
Canadian
107k
Jun
157k
Dec
14% Jail
13
157k Feb
4
15
14%
13 7a
1374
13
1474
147a
147k.
1,200
27
277k
14,900
247b
24%;
5874
57%
57%
56%
57%
20 "4
207a
20%
207a
207a
1.360
1574
15
15 74
5.000
507a
51
6,100
2474
2474
25-
57 7o
58
57%
58
58
20%
207«
20%
20%
20%-
15%
581A
100
*99 7a
99%
99%
*99
2%
35%
8%
8%
*29
8%
8%
297a
287a
287a
26%
15 74
15 78
50
50
507a
58
58
56%
9974
2 7a
2
357.
35
35
*2
27a
27a
27a
35%
357a
3572
*35
267a
105
8%
874
30
28%
267a
105
8 74
874
874
29%
30
28 74
2874
26 %
2fi72;
28%
"
26%
105
8%
8%
87k
2.200
3074
297a
29%
8,800
*23 7a
29
287i
28 7%
x25%
25%
267a
104
104%
*103
103%' 1037a
3878
387a
38 "B
3874
377/a
3874
377a
127a
1274
127,
127a
12Vk
13
13
1378
39
38
3774
37%
1274
*39
3974
39
1027a
*101
102 7>
*101
387a
39%
102
101
101
25
25
25 74
25
25
247a
19%
197a
19%
19%
19%
19 7a
1237a
1237a
13 7a
137a
°76 74
767«
*
1237a
124
*123%
13%
137a
137i
74
7674
*76
*76
Va
124
*123%
2,300
87a
387«
3974
8%
87a
29%
2.9 7a
37a
297a
26%
8%
600
8%
8%
28%
60
900
;
8'A
29 7a
104'a
5,400
297a
8-7a
28
23
29
74;
2
*35
287a
520
99%
*99
3574
8%
1,600
57%
9974
99%
*2
31
29%
1057a
15%
x43 %
2 7a
*2
3574
31
100
<
.
58
53
.
5.300
7,200
'
2474
263/a
24%
50 V4
400
13%
2774
26Va
15 7'B
1374
2474
14 7a
26 7a
24%
58
Shares
15
1474
*14 74
2578
24%
147?
25%
147k
13 7a
13 7a
28 7a
157a
267a
14%
267a
*14
1974
-
.
*100
13%
*37 7a
38
*100
101
*
490
29%
287k
800
257A
6,100
330
104
3774
2,700
15,300
13%
38
700
.
10
101
25%
25
257a
24 7a
25
1974
19%
197a
19%
197k
*
124
1237a
*123%
124
13%
137a
1374
Xl3%
*76%
767/a
x76
76
39 74
38 7a
387a
137a
1374
76 7/8
*7574
38%
3874
38%
2,800
%
7,600
10
124
13 7 k
23,300
100
76
3874;
1,300
39
19%
19%
19%
19%
19%
19%
1974
197/a
20
357a
35%
357
35%
35%
35%
35 74
35'%
35
35
35
35
1
20%
207.
20%
20%
20%
207a
20 74
207a"
207a
20 Va
207s
207k
11,800
*957.
967a
957a
957a
95%
96
97
97
97%
977a
430
*87
88
88
83
*84
88
*35
83
-100;
1
14%
*
*77
47«
22
:No par
97.
*120%
97
*86
88
*86
88
88
86
86
*85
88
1474
14-'/a
147a
974
8%
122
*121
147a
14%
974
9
122
•
9 74
*121
•
122
.
14%
,
147a
97a
974
*121
*104
78
50
10 7a
10
10%
107a
10%'
122
10 7«
*767k
777a
76%
76%
76%
76%
7574
474
47.
4 Va
4%
2274
217a
21%
217a
2174
1047a
104%
104 7a
104 VA
104'A
47«
22
10474
22
*104 7a
227s
347k
No par
107a
10%
227a
347k
*54
Cons Copper
preferred
122
147a
*96 7a
88
l
*87
90
T4%
*9
*121
*
1,900
1,100
88
*85
.
100
160
.
147k
11.200
9%
1,900
122
r
'
1
_No par
i
*85
9%
10 7a
5
common
974
*85s/k
1474
*120 7a
preferred,—100'
Southern Ry
147.
••
28 7a
28%
287a
xl5
1374
50
4%
3572
14%
137a
15%
5
Campbell W A: C Fqundry
No par
Canada Dry Ginger Ale com—1:66%
conv
15%
137s
58 74
1%
$4.25
157a
137a
50
1
Sep
15
15
S'per share
t per share
29V4
397a
Zinc-Lead
Calumet & Hecla
*28%
2974
for
the Week
Feb. 10
Feb. 9
$ per share
share
Sales
Friday
Thursday
19V4
preferred
Callahan
$ per
*23%
7,300
PRICES
SALE
Feb. 8
share
29
HIGH
Wednesday
29
$ per
297a
AND
25
15 '
participating
Feb. «
Tuesday
Feb. 1
Monday
2,900
-
397a
Zinc—
55
12%
*101
preferred—100
Byron Jackson Co
Jan
ll7/a
*39
,_!_loo
14
24
11%
3974
;
preferred
98
Bldg
273 k
*11%
*141
,1974,
Butler Bros common
13
3% Jan
20 Vi
98
Bush
23
Term
277a
117k
400
142 7a
277a
117a
19 74
common
t
27
4% Vv
142 7a
27%
11%
7a
12%
—100
Jan
77
1427a
27%
11
No par
preferred:.
IDA Jan
122
2
3
5,600
43,300
a
5
—
Terminal
33 7
12
15%
*39
1,800
8
34%
117.
38 74
•
Adding Machine—No par
Feb
Jan
21
97
337a
•277
35,400
"
12
57%
267a
33
1427a
50
287a
34%
33%
27
141
58
*105
2t%
35
*141
2974
Nb par
1-
preferred
2nd
32%
33%
277/a-
277a
8%
100'
coilv
,
2674
50%
*8 7a
15
preferred
37a%
3V2V0
33
141
15%
*29
No par
;
Burroughs
9
3374
14074
100
200
1%
174
33 7a
347«
l7/a
34%
28
,34%
337a
1107a
174
•
••
2774
*2
100
BUlova Watch Co Inc.
95
*27%,
35
17a
27
*35
2.50
:
13
Apr
287a
35
1407a
337a
4.300
90
112
27%
141
147a
*9974
5
!
common
30
Jun
28%
3574
7a
9,600
26%,
112
277a
28
1%
-
*83
*109
1107a
1 %
58
No par
17% Jan
May
35%
*109
111
26
257a
74
.
1%
50
5
common—
34% Jan
70%
2774
35%
*88
89
-103
1%
277a
*88
15%
—-——15-
$5 preferred'
73
1097a
174
20%
$3.Go preferred—i.
—No par:
Brunswick-Ealke-Collender—_No par
Bucyrus Erie: Co common^
5
7% preferred
___100
Budd
109%
1%
110
58 7a
1
Inc
Dec
•
89
2074
Bigelow
Jan
Jun
2574
89
58
Brooklyn Union Gas
18 Vi
7
25 7 J,
26 7a
!
36
77
25%
247a
common
Jun
•
25%
*14
Braniff Airways Inc
—2.50Brewing Corp. of America
L—15
Bridgeport Brass Co_
-—No par
Briggs Manufacturing Corp:_Nopar
Briggs Ac Sfratton—
—_No par
12'A Feb
34 Va Jan
2574
89%
*88
247a
Co:_-
29 %
Jun
2574
13%"
'
29 V* Mar.
257a
25%
,90
*14%
(assented i—100'
Bearing
25Va
6Vs
RR
50
15,900
10
No par
Borg-Warner Corp common
3 7a % preferred
5
Va
1,500
40
$ per share
l
51% Feb 10
600
85
107a
No par
_i
700
13
x85
*86%
397a
26 7a
:
*12%
-
13
88
10%
5
A
Class B_
Bond Stores Inc.
9
Feb TO
35
Bon
x247a Jan' 12
10
•"
83
a
397,
*29 74 '
2.50
Brass:
13
12 7
*86%
107a
5!
&
147a :
13
88
'
par
1,200
14%.
147a
14
•
4,300
A
110
13
14
1274
LOW
Laughlin Inc
Aluminum
*14%
15
\
32%'
147,'
32%
32%
*147a
1474-
38%
Saturday'
Boeing Airplane Co
27
Feb
1
1
Aug
*1374
3274
327a
1074
17a
'
Co
21
Jan
12
<E W)
14%
O
32
39
*10874
—axo par*
17%
Jun
13% Jan
Bliss
"32%
20
150
S'A
*31%
10
117a
I,No
83
:
'
"
32
*317-2
38
Feb. 4
Mfg Co
x83
872"
8
*86%
88
|
Co
86
22%
*85
8 7s"
10 Va
257a
Par
Jun
10%
300
38 7a
No par
$ per share
22%
22'A
227a
10
*27%
i
1,700
*22
;
33 7a
*140%
STOCK
19%
32
32
14
*19
1074
EXCHANGE
Highest
*13%
19
387a
_100
STOCKS
Range Since Jan. 1'
Year 1949
13%
13
39
10 7a
..No par
Birmingham Electric Co
137a
135/a
*86 Va
197a
387a
337a
preferred
14 Va
99%
107a
No par
com
Bigelow-Sanford Carpet
Range for Previous
Lowest
(Del)
33
14%
4,900
*99
..
3874
*88 7a
par
1948_No par
Foods
327a
1474
3,400
32
99
,
2274
77»-
32
127a
31%
32
98
7«
85
85
32
J2%
32
99
*22
774
4,600
107a
35%
12
36 V» Jtxn
86
81,500
%9%
387a
;3373c
of 1946-No
ser
22%
774
33
1474
127a
*22 7a
*85
70
56 7a
19%
12%,
12%
127a
32
19 74
1974
327a
*327.
88
27%
,297a Jan
141
12%
*86
19%
8%
3174
127a
31%
*98
99
86
8
135/a
137a
•
Benguet Consul Mining Co_.. 18 pesos
Best & Co—
1
—11
3
Jun
.A
.100
5 >
$3.25
13
Jun
147a
—.10
,i—^
Cum pfd $4 div ser of
13
22 'A
33
14%
Beneficial Indus Loan commdn—..10
Jan
33
j,
common,
preferred
30% Jan
129 y2
9
4
Howell Co
33% Jan
Feb
23%
Dec
33
Aviation
10% Feb
12% Jan
X85
Apr
Dec
31%
127a
32
227a
227a
3174
———50 f
12%
31%
*98
19%
*85
8 7a
„i *
Aircraft Corp—
13 va Jan
Feb
12%
.
86
87a
10"
Feb
!
32 74
99
197a
23
*85
100 f
1
32 Va Feb
Jun
1%
pfd
12
6%
93
474%
Jan
y»
*22
preferred—No par
conv
(A Si
Aii'craft Corp!
13% Jan
Feb
85
$1.25 div
.2.50*
137a
127a
317a
*98
100
66%
38
X55
187a
*
33
56
*31s/a
Mar
2,800
*37
—No par
6%
500
19%
1974
Beatrice Foods Co common.——12.50
16 Va
4474
19%.
56
Ra.vuk
69
44%
207a
38
9
Jan
44
20
-
19%
6
-L
44
20%
197a
56
13% Jan
Beauhit Mills Inc__«
45
20
467a
1974
*37
32'A Feb '
26
45
45 *
13%
*C6 7a
197a
12% Jan
21% Jan
66%
38
29% Jan
17% Jan
19
667a
56
Jan
201 Wan
187a
19%
Dec
3 78 %
7a
667a
20
56
17%
5
18
*66 7a
*37
33%
101
Jan
*18 7a
38
Jun
100
19%
187a
56%
197a
Nov
Feb
*
5,190
2,800
197a
18
38
11%
Inc
20%
197a
2074
13%
1974
2074
19%
2,300
667a
19%
"66 7a
56
'
50V
26%
Cigars
%
46
*45
19%
10%
107a
10%
10%
18%
67
'*45 7a
!—5
!__*
117a
18
10
Co—-
Works Corp.
10%
66
(Delaware),-—„10«
preferred
Iron
1174
20
Aroostook common —50'
5% preferred—.!—100'
common—-
127a
117a
Convertible
Corp
15
"
preferred——100
non-cum
Bangor Ac
16
36% Jan
54% Jan
15%
39% Mar
9%
17% Feb
56 Va
Jun
36
Jan
15
12%
1
55
23
23
347/a
347k
*54
55
23
23%
34%
34%
*54-
55
-
4%
4
v»t
23
23
241/2
34%
55
*54
iy2
17a
17a
17a
17a
17k
4%
4%
4 V.
4 74
17k
No par,
47.
217k
,
474
2174
217a
227k
21%
22
217a
22
107k
11
11
117a
10%
11
107a
11%'
*103
1037a
1027k
103
s103
1037a
103%
4%
103 7a
10 74:
'
7574
107a
*75
107 k
757k
6,700
40
474
4 74
4 7a
4%
1,500
21%
227a
2174
22%
2,300
1027a
102%
140
227k
1,700
103
227a
347'.
*54'
104
23
34 3A
347.
34%
53"'
53%
53%
100
1 %
1%
4.000
4%
4 V.
3,300
1%
17a
4%
474
*217a
217A
11%
11%
10374
103%
217a
117a
103
1,200
217k
3 700
117k
15,600
103
*40
42
*40%
42
*40 7a
42
*40
42
*40%
12
*40%
Ltd—No par
*19%
207s
*
19%
207a
*193,
20 %
*19%
20 Va
*19%
207s
*19%
20%
Canadian Pacific Ry
25
15%
15%
15%
157k
15l'n
15%
15%
15%
157a
157a
15%
15 h
360
42
Breweries
Co—
100
7a
30,200
Volume
171
Number 4881
THE 'COMMERCIAL
Range for Previous
4
Range Since Jan.
Highest
$ per share
Lowest.
$ per share
1
NEW
Highest
$ per share
YORK
Jan
51
Dec
18%
Dec
:
56%
Nov
-
12 >,4 Mar
50
Mar
5 %
•«
Feb
100
9 %
Jun
103
«
48
Jan
3
15% Jan
19
55% Feb
Oct
8
.
Feb
102
50% Feb
Jan
9
56%. Jan
3
103% .Tan
11
26
26%
Jan
33
Dec
Jun
35.%
Jan
30% Jan
3
12
Jun
13%
Dec
17% Jan
6
30% Mar
37%
Sep
36
,Jan
6
8
Jan
4
8% Feb
13
48 % Jan
S3
Feb
8%
Nov
Jun
45%
Nov
Jan
146
•
4
Nov
140
Jan
3
37 %
Doc
32%.Jan
27
35% Jan
104%
Dec
xl04V8Jan
18
105% Jan
34%
Dec
13
34% Feb
97
Apr
13%
105%
Jun
132%
Dec
Jun
XU4
26%
Jan
15%
Jun
14%
Jun
7
18%
.17-
% May
3
Jun
12%
Dec-
104 Vs Jan
18% Jan
Jan
xl7
11% Mar
6
Jun
24%
J.an
9%
Dec
36%
4
Dec
6% Mar
33 %
Nov
104%
Jan
112%
Oct
32 Va
33 %
33 Va
33%
3,900
*32%
32%
32%
18'A
32%
18
500
181-8
18
6,600
Conv. preferred
&
I)
11%
9
112% Jan
Co
7%
16
1st
2nd
9% Jan
25
14%
Oct
12% Jan
26
14% Jan
30
Class
B
Dec
14% Jan
13
15% Jan
21
Central
&
Central
Violeta
13%
Oct
12% Jan-
■<
3
9
Central RR Co
*
16% Jan
24
Dec
7% Jan
24
8% Jan
3
18% Jan
3
21% Jan
7
Gerro
16 %
Dec
15
13
.18% Feb
3
9%
Jun
22% July
18% Jun
31%
31%
Dec
91
Jun
93%
Dec
Aug
9%
Dec
5%
Nov
Jan
29'A Feb
7
30% Jan
3
31
35
-
Jan
Feb
6
17% July
28%
Jan
24
Jan
4
26
Feb
Nov
34%
Jan
28% Feb
7
30% Jan
12
Nov
3%
Jun
Feb
5%
'Jan
5
Jan
4% Jan
6
May
85
Jun
8
9%'Jan
3
82
>
84% Jan
30
5% Jan
12
11% Jan
9
9
Feb
14
Dec
12% Jan
7%
Feb
13%
Dec
11% Jan
12%
Jun
20 %
5%
Jun
10
3
Jun
4%
Nov
13
3
7% Jan
Jan
24% Jan
3
4
3
Jun
8%
34%
Dec
15
Jan
Jan
.
5
13
14%'Feb
27%'Jan
3
Jun
29 % Mar
25% Jan
25
28% J4n
31
49%
Jun
55%
53% Jan
17
55% Feb
10
.-
25%
Jun
41'%
Dec
39% Jan
13
56%
Jun
82
Dec
79
14
10
May
13%
Nov
12
Jan
Lowest
46% Feb
13% Jan
xl3
Jun
2%
35
16%
Jun
60
Jan
97%
Jan
105%
Sep
103'/a'Jan
;
106
Jan
24
58
Jan
13
29
Jan
Feb
Sep
82
Dec
31% Jan
33% Feb
17%,Jan
18% Jan
20%
Jun
25
Jan
Jun
87
,Jan
Feb
Feb
28
Vb Jan
3
109 Va Jan
17
43
46% Feb
preferred
Rock
&
I
Feb
3
Dec
12%'Jan
3
14% Feb
Is
&
13
36% Feb
101
Jan
13
Jan
4% Jan
25
Feb
25>A:Jan
28
141%
Sep
138% Jan
4
82%
Jan
C
C
Cleve
&
St
5
81
Feb
&
Jan
Climax
54Vb Jan
7 r'r>
4
3
98
Feb
8
45% Jan
100
&
19% Jan
5
Jun
19%
Jan
16% Jan
-4
18% Jan
17'%
Dec
16
13
21% Feb
Colo
10
Dec
Jan
16% Jan
23
13
Feb
Jun
16%
Dec
15% Jan
13
21% Feb
7%
Jun
29%
Dec
28% Jan
3
31% Jan
6%
Jun
28%
Dec
28% Jan-
13
9%
Jun
13
Dec
12% Jan
13
28%
82
34.000
300
%
300
10',4
10 V*
1,900
14%
14%
14%
53,100
4
13 %
13 Va
13%
*13%
13%
23
23%
23)4
23%
91/4
7,700
9%
3,800
4%
*4
Va
4%
8%
4%
29%
28
28 Vb
55
44%
84
13
9%
4%
.
9'/a
13
*4%
9
4%
4%
1,400
4%
31% Jan
*15%
3%
47
47
32%
*31%
65 Ve
Corp
85%
55%
45 Va
34%
85
85
10.300
85
84 Va
84 Va
2,400
13)4
13
13'A
400
"4
13%
HIGH
*12%
SALE
13%
15'A
*15 VB
15%
15%
15%
3%
3%
3%
3%
*3%
46%
46%
'47%
3%
47%
*46%
47 %
*46%
*3DA
32%
47%
*31%
32
*31%
32
*31 Va
65%
65%
66%
x65
66 %
65%
66'A
32
44,200
32%
32%
32%
104 Va
13,000
104%
65
32%
32'A
32%
104%
104%
28%
28%
•'
28%
29
28%
28 %
*28 %
No par
62%
'
61%
62 %
61
61%
60 Va
61'A
"7%
8%
87
Louis Ry.Co com—.100
preferred
,100
*120
No par
110)4
*106%
gtd—50
stock
*85%
33%
18
18
33%
17%
18%
18 Va
18 VB
25 Va
25
75
45 %
110%
*110
29%
45%
45'A
29%
110
72
'71
71
*40
41%
75
.
45 %
110'A
110%
*28%
45%
29%
X70
4172
110
110
28%
28%
*39%
41 %
14%
14%
14%
14%
14%,
36)4
108'4
36 Va
108 %
108%
107%
108%
108
*139%
.100
*80%
*
161
No par
*54%
*
No par
142
*80
54%
44%
*99
18%
142
81%
Va
*161
54%
19
54%-
54%
26 Va
1,400
26
26 Ve
26%
2,900
*142
145
161'4
54%
54)4
*1250
99
98
98
18%
19
18%'
18%
44%
44%
70
81%
162
54%
*1250
7,300
142
*80%
162
54 Va
*1250
43%
99
36%,
142
81%
161 %
19 Vb
19
720
4%
*80)4
99%
44
108 V*
4%
81%
44'A
_
36%
108%
4%
162 %
161
£4%'
26%
~30
15,400
36%
4%
145
*80%
163
*1220
43%
*99
,
'
14%
108)4
108
4%
142
81%
*161
*1220
44%
99%
142
*80%
163
54%
1220
No par
142
*139%
81%
163
108
26%
200
72
36
26%
108
*71
14%
4%
*106%
41
36%
5
290
29
72
14
4%
3.800
110%
*28%
*39%
4i
36%
26%
45%
*110
108
14
4%
45
*106%
*70%
70
*oy%
45 3 a
36'A
26%
1,900
20.0
170
*67
13%
4%
25%
*120
75
36 Vb
26%
500
170
14
5
1,200
*67
36%
26)4
2,100
18%
25%
7%
Va
*120
*106%. 108
71%
,
&
500
541/a
670
_
44%
45
45
45
99
99
98
99%
18%
19'A
19
19
15%
VA
6,400
210
'
3,300
Corp com...No par.
preferred
uJ.——20
15%
15%
17%
Southern
19'A
17%
19%
20%
20%
*20%
19%
19 %
*19
19%
18 %
18%
19
*30%
31 Vs
30%
30%
30
30%
30%
2.50
30%
30%
30%
30%
30 Va
30%
31
30
30%
31
30
30%
30%
30%
31
2,800
System Ipc.A.No par
Pictures comrpon
Nopar
12%
12%
12 Va,
12%
12%
30%
31
12%
12%
12%
12%
3.300
12%
13%
13%
conv
&
Class
Broad
B
Columbia
Oct
12% Jan
Sep
63
Jan
10
65% Feb
2
32%
Oct
31 % Jan
3
33% Jan
10
8%
Jun
22%
Sep
20% Jan
4
22% Jan
30
Columbus
Columbia
$4.25
Feb
27%
8
Dec
25
Jan
25
27% Jan
10
Feb
60 V
Dec
57
% Jan
16
.64% Feb
6
105
Jan
Sys Inc cl A
preferred
cum
&
So
32 %
22 Vb
Jun
10%
Aug
10% Jan
3
11% Feb
Cor.de
Dec
27% Jan
30
Jan
28
Oct
107% Feb
8
108 3 i Jan
10
14% Jan
10
3
11%
Sep
11% Jan
5
,12% Jan
42% Jan
3
47% Feb
6
16% Jan
.12% Mar
13
19% Jan
—
Dec
110% Jan
11
Nopar
30
30
29%
30%
29%
30
39
40
40
41
39%
40%
Dec
109% Jan
11
41%
Dec
38% Jan
3
Nov
101%'Jan
11
%
Jan
Dec,
17
Dec
95% Jan
Jun
37%
Dec
35% Jan
Jun
102-%
Dec
102 % Feb
9%
Dec
8% Feb
75% Jan
24.
29%
30
3%
29%
30%
30%
30%
10%
10%
10%
*10%
30
29
29'/a
1.800
39%
39.%
40
8,700
29%
3%
30-A
30
40
'
40%
39%
!
3%
3%
'
3%
3%
3%
10%
3%
x29 %
29%
29 Va
4,490
29%
29%
107%
30
29%
107*4
107%
37,900
107%
107%
107%
2.590
.
107%
*13%
13%
13 VB
*12%
13%
12%
1314
5
15
12%
12%
12%
12%
*12%
12 %
12%
12%
47%
47%
47%
47%
47
47 %
46%
46)4
45%
46 %
19
18%
19
46
18%
18%
46%
*10%
18%-
4,900
18%
3,800
Natural Gas.!
pfd
100
19
107%
107%
107%
13%
107%
13%
107%
13%
13%
13)4
13
*12%
13
19%
19
11%
11%
11%
11%
11%
11%
11%
11%
11%'
11 %
11%
11%
11%
12
3
11%
12
Consumers
12%
34%
34%
34%
35
34%
33
34%
12%
34%
-j',5
is
-
19%
11%
11%
Feb'
Feb*'
2
41
6
Jan' 24
Jan
24
39% Jan. 30
Jan
7
9% Jan
9
78% Jan
11
Power
Stores
Co
Righfs
28
Jan-
43
103
.
1,100
12%
12
100
-
1.900
.
Nopar
1.33%
12
19%
3
13
30
3%
30%
10%
11%
103% Feb
3
Jun
3%
3,010
30%
10%
11%
9
Feb
•
13
-Jan
29%
3%
Co
—<
$4.50 preferred
Z
,
Container Corp
4% preferred
of
,
Continental
$5.50
$3.75
America
Continental
11%
i\;
*
A
111%
111%
111%
112
109%
*109%
110
corn—20
*41%
*103
42%
41%
104
103
.A
&
112
112%
*109% 110
Diamond
40%
41%
41%
103%
*103%
19
.18%
19
F8%
19
97
97
97
97%
97 J
39
39 %
38!«
39%
*102%
102%
8%
*102%
8%
102%
*8%
Insurance
!
.Nopar
Fibre—
5
10
*76%
77
77
110
*103 'A
97
.
8%
3/64
112%
109 %
42%
20
'
34%
3/64
112
*
103%
par
19
34%
111%
*109%
3/64
*76%
8%
12%
34%
34%
18,200
640,300
3/64
76%-
*
3/64
111%
111%
109%
109%
41%
41%
41 %
41%
103%
*103)4
103%
*103%
810
106
18%
18 Va
18%
18%
98%
98 Va
98%.
99
99
38
38%
38%
102%. 102'A
*102)4
38%
103
8 %
8%
834
76%
76%
76)4
76%
38%
38%
102%
102%
*
8 Va
76
85,900
250
42
98%
'
4.300
12Vs
111%
8%,
1,600
2.200
1%
18% " 19
2
38 %
38s b
*102% 102%
8%
11%
110
'
——Nopar
common
12 %
.
"
'109%
.,100
preferred.
Continental
,
12
Nopar
Baking Co com—No
Can -Inc
Ills
Nopar
*.
preferred
-Continental
1
No par
t
$4.52, preferred:,
-
Inc
com
3.700
30%
11%
-111
9
%
3%
30%
10%
12
112% Jan
9
1107a
20,500
11
11%
•iV
1131'4
30%
30%
11
Nopar
11%
2
Apr
28.900
Inc—,_10c
35
Jun
17
Retail
13
Apr
16%
Textile
12
%
17 Va
V
112
Consolidated
3
%
12,300
16%
63%
Consolidated
Jan
%
110%
17
Consolidated Vultee Aircraft—.1
10
10% Jan 25
1/64.Feb;
112
16%
17
6
12% Jan
Dec
Apr
,
110%
63%
111%
9
3
10%
12%
Jan
62%
111%,
25
Feb
Jan
Jun
Jun
33
64)4
5,100
lf.0% 111%
11
6%
25%
63%
16%
of Cuba
25%
25%
63%
109'A
Consolidated
22 Vb
25%
25 34
17'A
a
Vb.
3.600
26%
12% Feb
11
7%
8
May
25%
7,300
32
22 VB
63%
30%
RR
x31 %
22
25%
62 VA
112%
Consol
32
22
64%
17%
Consolidated Grocers Corp..
Consolidated Laundries Corp
30
31%
25%
17%
Inc—
43,70(1
63
63%
30%
Nast Publishing Co
12%
13 V4
*65
25%
.....No psr
Co—.
13%
590
64%
17%
$5 preferred
28
.46% Mar
Jan
—..100
t
Solvents
12%
68
1,570-
25%
Consolidated
Jan
13
preferred
Congoleum-Nairn
14%
*65
1,500
2,500
63%
30%
11
Feb
30% Feb
68
*65
Cigar
No par
Consolidated Coppermines Corp.,a/5
Consol Edison of N Y com—.Nopar
Feb
Jan
294#
68
8,200
.
25%
,
Commonwealth Edison
4
*65
Engineering
Commercial
.41
67
!
20
13%
31 VB
31'A Jan
3
13%
22
,21% Jan
3
21%
32'A
112% Feb
16
20
22 Vs
10
Jan
19
22
19
3% Jan
23
22 Vb
13
27
22%
22
16% Feb
32% Jan
14
22
22
29% Jan
Jan
13%
21%
22
Elec
Dec
Doc
%
16%
20.V4
Co,.—--5-
Ohio
Dec
Nov
14
*48%
15%
16%
20%,
19%
32
30%
4%
13%
13%
19%
15%
16%
19%
..
32'A
20%
34%
20 Ve
19
32
107%
30%
20
16%
19
*65
Jan
Feb
21
15%
17%
19
32
Jun
Jun
x!6%
19
15%
67
Jan
Jun
15%
17%
19
31%
*65
Superheater Inc
Nopar
Commercial Credit common.—,.,10
3.60%
15%
17%
19 %,
_.No par
13%
2%
13%
15%
17%
19%
w___No par
95
25%
1
16
17%
w
25%
Dec
2.50
15%
.
Co„
Carbon
Combustion
21%
46%
preferred—100
—
Columbian
6
.100
Gas
68%
14% Feb
Ry com—100
preferred
2nd
non-cum
"13%
4
1st
non-cum
Columbia
5
Iron
6,700
33%
*18
25%
2,600
4
-
87
75
28%
*40
7%
170
4 5'A
198
*70%
41%
25%
*
*67
110
*106%
25%
-
7%
*120
^
45%
28%
108
*106%
,-75
25
170
*67
.
110% '
*28%
108
25%
*120
*7%
108
No par
com
87%
33%
*85
13%
.—*—100
preferred
(The)
'
33%
36
1
,100
pfd
80 %
*40
No par
(
7%
86 %
33%
*70%
50
,
Inc
*7%
S7
33%
170
380
28 Vb
62%
87
*67
46%
*23%
100
25%
105
28
62
33%
80
J
61%
33%
*120
75
*45%
No par
com
170
65%
„
*18
•
7%
3,200
32
28 Va
61'A
18%
33 Vs
25%
7%
*28
300
'
'
87%
*87
33%
*25
Co
8
•
104%
28%
62 Va
5
87
Shares
15'A'
104%
*33
Sales for
the Week
$ per share
3%
31 Vs
.—100
Friday
Feb. 10
Feb. 9
$ per share,
15'A
*104%
No par
400
3%
32 '/b
5
1%
Thursday
Feb. 8
$ per share
104%
,
Co
*12%
Wednesaay
,
31%
+
56
PRICES
104 %
20
2nd
44%
32%
18%
conv
55%
45%
15%
66 %
8
1,400
%
44%
104%
,
10,400
12,900
27 Va
55%.
*104
common.
14 Vb
31%
45%
Feb. 7
32 %
66'4
*54%
13%
30%
27%
55%
AND
3%
65%
14%
31%
28
*27%
44%
$ per share
47
*31%
55
13%
30%
28
*27%
•
Tuesday
16
3%
47
*18
Co
Fuel
4%
17
12% Jan
-
1,200
.
45%
12%
$ per share
16
3%
;
7%
'
Monday
Feb. 6
share
-
30%
28%
B6
13
''
8%
*32
A
Jun
28 V4
82
22%
45%
*4%
F£b
pea-*
28%
83%
*82
700
1,100
9%
45%
26%
6%
'"fee
70
8%
26
13 Vb
54%
—.1
8% Mar
footnotes
8%
25%
22V4
—...100
4%
cum
4%
17
For
28 Va
82Vb
8.50
com
preferred—a.
5 'h
10
Dec
9
25%
9%
85%
*15%
—25
Elec
Co
Foods
Colorado
10
7%
78%
*82
*8%
25%
13%
46
$ per
$3.50 preferred—
—No par
Collins .& Aikman Corr-,No par
12
Jun
Feb
3,400
\
7%
4
9
22%
9
86%
*12%
1
Internatl Corp
Colgate-Palmolive-Peet com
11
%
700
34%
101
13%
9%
86%
—10
Molybdenum
,
Class
20
17% Jan
3
8%
84
45V*
Peabody & Co com—No par
4','c
9
4
1?%
30
34
*100
.22%
23
4%
Feb,14
i.
gtd
Coca-Cola
11
Jan
13
X98
5
Saturday
Coca-Cola
42% Jan
30
34%
101
300
'
9
*82
55
STOCK
Oil
RR
cum
Cluett
3
15% Jan
Jan
82
LOW
—
Pitts
Clinton
1
165
16% Jan
103
82
5
'
7
Jan
Jun
83 %
13%
Nopar
preferred
Feb
Jan
•
28%
RR Co..No par
A
...100
preferred
142
17%
36
25%
28%
4%
Graph Bronze Co common—1
4 % %
19
2?% July
25%
28%
30
Clopay Corp
Feb
Jun
25%
281/4
*28
Illuminating
6
Jun
10
25%
29 %
30%
non-cum
Special
Jan
21%
25 %
28%
*82
Milling Machine Co...10
5
2%
11%
25%
29Va
55
Cab
Gas
11
21
Dec
29%
34
*100
25%
28%
\OitK
Corp
Jan
23
Dec
29%
34%
100 Ve
29
30%
Cotton
5% Jan
53% Jan
July
30
'
34%
100
*8%
*28Va
common—
27
108% Feb
Jan
77%'Jan
160
Sep
X30
35
101
8%
series
Equipment
$4.50
7
5%
29%
34%
*100
8%
*54%
Pac
Yellow
Cleve Elec
10
32% Jan
xl3%
Jun
29%
35
100
9Va
100
Financial
Claik
Dec
Feb
30
34%
100
com—No par
Tool
preferred
T
Jan
Feb
14.600
preference—No par
preferred
Co
44
35)4
8
17%
*25
,—25
15%
38%
17%
30
34%
100
9Va
..100
Jun
109
vtc
p
preferred
10% Aug
Apr
17%
30%
1
Feb
17%
30'A
Feb
Jun
5,700
1'7%
■
30'A
40
11
v
30
34%
Nopar
Paul
convertible
4
21%
*29%
100
100
preferred
$3
37
xl06
"17%
17%
33,200
Jan
24%
17%
17%-
42,000
.43
7%
18%
17%
«%
Dec
a
18%
17%
34%
26%
7%
19)4
-17%
8
6
17%
18%
19'A
14
Feb
Jun
19'4
19%
13%
71
8 %
19%
19%
14
3
43%
8%
19%
19%
13%
62%'Jan
100
2,400
8%
14 Vs
Feb
1075
25,300
15%
8%
13%
73
Feb
14%
15%
*8Vs
14%
Dec
Jan
14%
15%
8'/4
34
61%
Jan
14%
*15%
8%
8%
5%
29%
14%
15%
8%
35)4
Cleve
89
14%
15%
*8 Vb
8%
9
1075
14%
15%
8%
34%
18
64
14%
15%
8%
8%
8%
29% Jan
30%
500
35%
107% Jan
«
1,500
13%
34
13
Jan
10%
13%
—t—.1
5Va'/o, preferred
City Products Corp.
City Stores Co
3
111
10%
13%
35%
C
10
Jan
10%
*13%
34
Cincinnati
3
-
150
10 Vo
1*3^4
8%
18
172
16
110%
10 'A
13)4
19%
1 No pair
110%
10
—5
com__No par
111
10 %
14
10%
*13%
34%
27% Jan
Jun
15%
6,600
8%
107 % Jan
Nov
14%
16
*8%
37
34%
Dec
Nov
14%
16
36%
8%
Aug
54
14
9.50
110%
Va
14%
10%
*13%
14%
700
37
34Va
108
70
*10%
14
112
8%
5%
Dec
x!24%
10%
37%'
33%
Jan
July
*111
1,200
12,800
Nopar
C
133
37%
111%
14
A
City Investing
Mar
105)4
37 Va
111%
Vb
10
9)4
»
18
Dec
38 Va
111%
14%
No par
Chile Cppper Co..
3
Oct
Jun
37 Va
111%
4
16%
9%
22%
5 Va %
14
19%
3% July
*10%
50
Par
3
8% Jan
86
21%
50
38%
112
4)4
*15%
»4
9%
Chicago
6
62% Feb
7%. Feb
34%
101%
-37 %
38Va
*111%
4%
16%
23Va
Conv
14
Jun
24%
37%
500
2,800
14,790
10
9%
Chic
Jan 16
Jun
28 %
9%
EXCHANGE
Jan
Jun
*16
9%
23%
NEW
16
20%
16%
9%
share
79%
105
4
16%
9%
.
Chicago Pneumat
13
25
112 Va
4%
16%
9%
50
Cincinnati
26
Oct
4%
16%
9%
A...25
Chrysler
Dec
108
4%
16 Vs
9%
Co.:
1—u*
8
Dec
85
4%
16 Vb
9%
preferred
5
43 Va
4'A
16%
9%
300
11 Ve
16'A
13.400
16
10%
13%
68% Jan
Dec
Nov
15%
10%
*13%
32% Feb
,Jan
8%
36% Mar
16%
10%
13%
30
29 %
67
16%
10 1/4
13%
Sep
59%
30%
10 1/8
10%
1C Va
Dec
Feb
Feb
16
10 Vb
14
30% Jan
62% Jan
42%- Jan
6%
16
10 Vb
10Va
Chilcis
32%
15%
10%
4%
14
Chickasha
68%
16
10 Va
4%
10%
11
Apr
15%
10'A
13%
10
Jun
17)4
lOVa
10 Va
*4%
10)4
23
26%
17Vs
16
14
Jan
44%
*17'A
*
10%
4% Jan
34
1'7%
13%
50% Jan
Jan
17%
20
10'A
3% Jan
36
17 Va
19%
14 %
45%; Jan
Dec
4,100
17%
10%
Jan
30 %
x20
16
13%. Jan
20
20
17%
10%
Jan
5%
Jun
19%
19%
17%
13%
Highest
$ per
20
20%
17'A
34 Va
13%
„
3
Lowest
530
19%
20
34,
13%
30
$ per share
136
34%
*4%
Range Since Jan. I
$ per share
106%
136
17%
STOCKS
Highest
$ per share
106%
136
4%
Range for Previous
Year 1949
106 Vb
135 Va
4%
5%
87% Jan
30
*106%
4%
*
Jan
106 Va
135%
*4%
31% Feb
21%
Jan
33%
106%
135
preferred vtq
100
Chicago & North West com_.No par
Dec
Dec
33%
106%
4%
Milw St
500
135%
17%
com. .5
Ind & Louisv Ry Co cl
8,600
135
*4%
Series
24
36%
*
136
20%
4%
Chic
180
34%
105
106%
106 %
20%
100
—
700
149
34%
105
-
4%
5%
35% Feb
3
135
*148
34%
10%
Chic
8% Feb
12
Jan
"'33%
*106%
33)4
*4%
A
Class'B
7% Jan
11
33%
*106%
34
104%
*10%
Feb
30% Jan
,
33%
148%
34%
104%
40
21
9% Feb
5
33%
148%
35
104%
Chicago Corp (The)
__i
Chicago Great West Ry Co com—50
30
19'A Jan
33%
..Nopar
RR
143
148
46
Co com._No par
Class
10
14% Jan
Jan
Jui>
94/
14% Feb
Jan
-
5%
Jun
17
13
111
148
46
1
Products
East
*147
34%
Copper Corp
convertible
&
147%
6.100
*104)4
Cao
3 % %
Chic
'
12
147%
46 Va
34%
Mfg
1.25
Chesapeake Corp of Virginia—
5
Chesapeake & Ohio Ry common..25
10
27
77
45%
104%
•.
.
Checker
46.%
No par
Corp
Champion Paper & Fib
: $4.50
preferred
10
1,300
45%
46
No par
Chain Belt CoL.__;
8
9% Jan
Jan: 5
8% Jan 13
45%
34%
class A
Sugar
Pasco
Certain-teed
11
100% Feb
98
de
46%
8%
No par
Century Ribbon Mills
Jan
37%
8%
104%
A
8%
19 Va
37%
20
West
21 %
Xl8%
8%
No par
of N J
6% July
19%
37%
*8 Vb
35%
v
14% July
18%
*37%
8%
104%
'
South
18%
37%
34%
5
100
8%
*104'A
136
104
36%
34%
107
104
8%
104%
136
%
36%
34%
100
104
"8%
*104%
,
*104
6,700
*36'A
37
8%
46
10
com
preferred
104
9%
8%
*36
147%
104
.
.100
preferred—
14%
"
46%
147%
104
18
8Va
46
5','c preferred series B vtc
100
Central Hudson G & E
Corp..No par
Central Illinois Light common.
*4% %
37
t8V8
100
*103
18%
*36
1
:
preferred
Jun
Feb
_50
Corp common
preferred
Dec
9%
18%
—25
common
Corp of Amer
•
11% Jan
series
Corp
common
4.20%.
1Q%
12
4Vo
General
Central Aguirre Sugar Co
Central Foundry Co
Central of Ga Ry Co vtc
2
110%<Feb
Oct
(J
$4.75
'
9
■
100
Corp common.^——,—10
-Celanese
11
10% Feb
500
32%
■Preferred
9
17% Jan
9%
33%
preferred—Caterpu.ar Tractor
10
3 8 % Feb
104
10
32%
Ry
-■7%
27
12
-103%
9%
33%'
5%
4% Jan
10
32%
30
10
»
y-%
9%
500
33%
17 % Jan
11% Feb
56 Va
49%
33'A
Celotex
16% Jan
17
*55
32%
1
Jan
*16%
56%
33%
10
Jan
9%
49%
16%
*
*55
33%
25
9%'Jan
Dec
8
15
56%
50%
16%
10%
-*55 ;
33%
Feb
35 % Jan
-
*16%
56 %
*32%
Jan
9% Jan
Jan
16 %
*55%
10
33%
21
>
16%
56%
9%
'
33%
136
Jan
16%
*55%
10Vs
103%
3
.Jan
15
.
*16
56Va
10
33%
13
-
17
*55'A
*32%
Carriers
10
107% Jan
3
130%'Jan
>
Jan
*
;Jan
*16%
1
Shares
103%
Cas°
10
31
1
*49%
5
12
Apr
50%
Light——Nopar
-
9
Jun
*49%
&
14
Aug
50
Sales for
the Week
$ per share
Power
38
26%
Vb
10
*
Carpenter Steel Co
Carrier.
23%
49
Friday
Feb.10
Feb. 9
$ per share
Carolina
1
16
100%
50%
Thursday
'•>$ per share
«
Ohio
31
148% Feb
Feb. 8
$ per share
15
PRICES
Wednesday
&
Feb
Jan
50%
SALE
I- eb. 7
$ per share
50%
HIGH
Tuesday
Feb. 6
.
-
Clinch
19% Jan
■
common
*49%
AND
Monday
.
(663)
Carolina
24
6
30
131
34
4
A
Feb. t
$ per share
No par
Aa.
33% Jan
31%;Jan 13
»
.
class
preferred
Par
,
,
Capita], Airlines Inc
2
38% Jan
%
Mills—
Capital Acimin
9
10%. Feb
■
13
Cannon
1
17% Jan
'
1
'/a. Jan
Saturday
,
$ per share
25%
'
CHRONICLE
LGW
STOCK
EXCHANGE,
,
40%
FINANCIAL
STOCKS
l'ear 1049
Lowest
&
2,000
60
'
6,100
80
7,000
300
8%
900
76%
3,100
.
16
Highest
share
$ per
$ per share
$ per share
share
6%
6%
6%
5
57%
6%
57%
57 %
57%
57 %
58 VB
57%
15%
15%
15
15 V*
15
15
3
7% Jan
0
Continental Motors
Feb
65%
Oct
55 % Jan
25
60% Jan
9
Continental Oil of Delaware
11'A
Jun
15%
Jan
13% Jan
3
15% Jan
11
Continental Steel Corp
19%
Jun
24%
Dec
23% Jan
4
26
Feb
10
Cooper-Bessemer Corp common
5
$3 prior preferred
—No par
Copper Range Co..——
No par
Copperweld Steel Co common——5
9
Jun
55% May
54
Jan
11
55
Feb
3
Feb
12
Jan
17
13
Jan
7
12%
14% Jan
3
17% Feb
4
Jan
24
49% Jan
11
10% Jan
3
13 % Jan
14
12
Jun
49
Dec
52
19'A Jan
Feb
49
7
Jun
11%
Dec
57% Jan
61% Feb
13
Dec
Apr
30%
Dec
94
Jan
102%
Dec
100% Jan 25
92'/a
Jan
102
Sep
101
57
Jan
171%
Jan
3% Mar
73%
30
13
72% Jan
Dec
Cum
3
185% Jan
12
5% Jan
5
3
31
1%
Jun
2%
Oct
2
Jan
6
2% Jan
21%
32%
Jan
27
Jan
3
30% Jan
Jun
96
Jun
_
60
29%
24%
55%
*54%
55%
13
xl3
13
13
13
13
13
3,100
17 Vz
171/4
17
16%
16%
16%
16%
5,700
50
*48%
50
*48%
12%
12%
12%
12%
13
12%
12%
3,4G0
60'A
60
60%
59%
60%
50%
61%
1,340
32%
6,400
32%
101
183%
182%
4%
4%
2%
2!4
21/4
291/4
2'A
2%
29%
29%
103%
103%
*103%
13%
13%
13%
*103%
105
*103%
Dec
103% Jan
20
105
Jan
11
12% Jan
18
14
Jan
5
Feb
29%
Dec
28% Jan
25
29% Feb
3
Cream
23
of Wheat Corp
17% Jan
3
Cork & Seal common—>2.50
16 Vz
16%
16%
16%
16%
16%
16%
39%
*39%
39%
39%
39%
39%
39%
Jan
42%
Apr
No par
39r' a
39
39%
20
Jun
30
Dec
27% Jan
105
94
Mar
90
May
14
Nov
49
Nov
21
July
12%
Feb
May
160
Jan
19
32% Feb
9
40
13
$2
3
16% Jan
3
72%
Jan
55
8
59% Jan
31
Apr
22% Jan
5
25
Jan
6
Cuba RR 6%
Dec
15% Jan
4
19% Jan
9
Cuban-American Sugar
16%
Feb
Feb
11
Crucible Steel of
9% Jan
23
10%
Nov
13%
Feb
11% Jan
3
13% Jan
16
Feb
25%
Dec
23% Jan,16
25 % Jan
5
Jan
9
Curtis
Feb
9
$7
Sep
26 %
Jan
Jun
15% SToj"
19%
Publishing
preferred
Jan
96%
11% July
14%
145
4
25
Jan
11
Cutler-Hammer Inc———No par
24
24
13
15
Jan
3
common
15% Jan
3
17% Feb
4
21% Jan
23
24
Jan
5
4
34
Feb
7
Jan
11
99% Feb
1
Preferred
3.75%
series A
99% Jan
5
Preferred
3.75%
series
B
100
31
92
Jan
98 %
Aug
97
92%
Jan
100%
Dec
7%
Jun
12%
Nov
9%
Jan
Jan
Jan
33
Dec
*16%
33%
337/a
14%
Decca Records Inc
7%
3
12%
50c
——
35%,
31 y*
10
23 r
23% Feb
3
Delaware
Power & Light Co—13.50
*23%
common
100
\ f
\%
,>28%
preferred
100
' 54%
Denver & Rio Grande West RR
ctfs for
Jan
11
Escrow
56'A Jan
11
Escrow ctfs for
23%
'*■
*53%
13%
22%
29
Jun
30%
Dec
27% Jan
13
Jun
53%
Dec
52% Jan
3
12%
Dec
14%
Dec
12% Jan
3
13% Jan
10
Sep
21% Jan 13
23% Feb
3
Detroit
Detroit Hillsdale & S W RR CO..100
*56
58
7
22
7
22
4%
Jun
9%
24% Mar
11 %
Jun
13%
6
Feb
2
7
7% Jan
12
23% Jan
9
53
Jan
Jun
Jan
6% Feb
20% Jan 25
Jan
58
15
Detroit-Michigan Stove Co
Detroit Steel Corp
Vilbiss
6
13% Jan
11
De
13
22'A Jan
12
Devoe &
xl2% Jan
Nov
58
...
Edison.—
Jun
22% NOV
20% Jan
31%
Sep
40
Jan
36% Jan 26
39'A Jan
3
37'A
Sep
45%
Feb
40% Jan
3
42% Jan
14
9%
Jun
13%
i>c
12% Jan 25
13% Jan
3
8
9% Jan
5
Diana Stores
6%
Jun
9%
Nov
12%
Jun
18%
8% Feb
Dec
17% Jan 13
Range for Previous
»•"
Year 1949
'
Lowest
$ per share
Range Since Jan. 1
$ per
$ per share
$ per
share
40% Feb
2
17
24%
Feb
38% Nov
4
35% Jan 28
45!%
Jun
53% Nov
50% Jan
3
54% Feb
10
14% Mar
10% Jan
3
13
Jan
9
Jun
10
25
July
12% Jan
Jan
38 'A
30
Apr
108%
Sep
109
ian
4
Apr
123%
Dec
119'A Jan
13
132% Feb
5
16%
Dec
24 y8 May
17% Feb
8
Sep
86 y2
J an
81 % Jan
18
83 y2 Jan
30
11% Mar
20%
Oct
19% Jan 27
20% Jan
9
Feb
2
60 y8 Jan
13
13
8%
Jun
14%
Oct
43%
Jun
63%
Nov
119
Feb
97% Jan
124%
Oct
102% Aug
101% Jan 27
112
115%
113% Jan
4
12
14% Jan
Jun
9
122%
Jan
9%
Jun
12% Jan
10% Jan
15%
Jun
20% Mnr
17
13
Jun
7% July
4
Ltd
2,300
54
55
12%
12%
54%
12%
55%
13
12%
1,800
23
22%
23
227k
23
23
23
7,900
*56
59
*56
58
*21%
*56
23Va
58
6%
22%
6%
*21%
6%
22%
*56
58
6%
6%
6%
6%
6%
6%
2.000
800
22
22
22
22
22
700
13
13
13
12%
12%
12%
12%
12%
12%
20%
20%
20%
20%
20%
20%
20%
20%
21
900
37
37%
37
37
1,900
37%
42%
*42%
42%
*42%
42%
300
12%
12%
12 JA
12%
12%
12 y2
2,400
8%
18V*
8%
18%
8%
18
8%
18%
8%
8%
8%
8%
8%
8%
8%
8%
3,400
18%
18 Va
,18%
18%
18%
13%
18%
18%
16,100
13
*20%
Monday
t per share
Feb. 7
14 Va
39!2
39%
t per
Friday
Feb. 9
Feb. 8
t per share
$ per share
"14
Shares
14%
1.000
37%
38
1,800
54%
$ per share
share
Sales for
the Week
54%
14 Va
13%
401/4
•
14
13%
14
39»/2
14 y8
39%
'
Feb. 10
Thursday
Wednesday
Tuesday
f per share
PRICES
HIGH SALE
AND
Feb. 6
14 %
40
39 V*
39%
39
39
53%
*12 Vb
12%
400
14%
.
170
53
53
*52%
53
53
53
53
53
12 '/'a
12%
*12
12%
12'A
12'A
12'/a
12 Vb
12%
12'A
34%
34i/2
34%
35'/2
35%
351/2
35
35 %
35
35%
35
36%
4,100
15%
15%
15%
15%
15%
15%
15%
15%
15%
15%
15%
16
5,700
72%
*72
No par
58%
15
common
72
72%
72%
*109
17%
18
17%
82 y2
84
20%
*82%
100
1
20
*
59%
60 %
109 Vz
*107%
109 Vz
*20
131%
132 V2
5,000
11 Va
17%
22,400
131-
23,600
300
129 V*
130 %
130%
17%
17%
17%
17%
*82%
130'A
84
82 %
82%
82%
82%
*81%
82%
*20
20 >A
20%
20%
*20 y4
*20%
20%
200
13%
13%
3,500
63%
64%
41,000
129
17%
13%
13'A
20%
13 V*
63%
63%
63%
13%
13%
13%
14
13%
14
62%
63'A
62%
63%
62%
63 %
.No par
124%
124%
124%
124%
124%
124%
124%. 124%
125
No par
*101%
102'/2
*101%
102%
*101%
102%
102%
102%
*102
1st pfd—100
*113%
114
114
'113%
114
114
114
5
*10%
*10%
11
No par
Duplan Corp
Pont de Nem
83%
20
59%
*108%
130
128%
18%
Dunhili International
59 %
109 Vb
109
129%
7,100
75
73 %
75%
59%
'.
58%
lOQi/z
18
.
00 C-V* *
58%
*109 »/a
129
50c
13 V*
73%
72 y4
723/4
59'A
No par
common
*52%
109y2
58 V*
58%
109i/2
*13 'A
70
(E I) & Co—
5
Common
102% Feb
10
Preferred $3.50 series
114% Feb
10
Duquesne Light
10
DWG
11% Jan
5.300
54
12%
No par
Preferred $4.50 series
Jan
29
No par
25
125
27%
53%
*14'/a
3%% convertible preferred
64% Feb 10
23
29%
53%'
13
*109
Du
.
23
28%
28
58
Feb. I
Pepper Co
Dresser Industries
78
23
28%
53%
13
«
$3.25 2nd preferred —No par
10
19'A Jan
2,200
23%
28
54
6%
Saturday
$4 preferred series A
101%
'23 y«
23
•
27%
1
Dow Chemical Co
101
7,700
37%
Douglas Aircraft
9
10
4,700
9%
42%
13
13
Jan
1.100
32
•
12%
STOCK
Class A
75% Feb
9 y2
-v
LOW
Dixie Cup Co common
60% Feb
31 %
9%
42%
No par
110
31%
9%
37%
Mines
54'A Jan
31 %
9%
12%
Dome
69'A Jan
31%
9%
37%
Doehler-Jarvis Corp
Oct
30%
35%
35%
*42%
6
Sep
35%
35%
12%
4
Dec
18%
13,400
44
35 %
42%
17% Jan
72%
44V*
43%
35%
37%
36% Jan
57%
2,700
43%
43%
12%
7
Feb
Jan
24 y8
37%
13
Apr
12%
24
42%
33% Jan
48%
24
43'A
9%
22%
19,300
23%
43
12%
Dec
43
9%
9'/8
9%
24
*35%
31
8,600
31 Vz
No par
5
15% Feb
14%
*12%
Par
Dr.
9%
200
100
13%
13%
.2
Divco Corp
11
Feb
*97 V2
13%
2
share
15% Jan
9%
100
13%
2,100
4,900
98%
.
21
EXCHANGE
■>
x98
25
Corp
NEW YORK
r
Highest
Lowest
Highest
22%
33%
22 y2
X33!4
34
43%
22%
STOCKS
...
100
*20%
*37y8
*42>A
No par
common
participating preferred
Distill Corp-Seagrams Ltd—
18% Jan 12
500
17%
*13
12.50
Diamond T Motor Car Co
Match
120
14%
50c
16%
6'h
23%
5
Co
Raynolds class A
Diamond
13
23
8,500
96%
13>A
22
Jun
50
23%
8
20
(The)
Derby Oil Co
54%
13
13%
96%
23%
*56
1
1
Jan
20
13%
*14%
100
9%
9%
*23%
x35%
.»
28%
28
19
9%
30%
9%
,'v
•• *
7
13%
1,166
*99
13%
13%
24'/a
*98%
100
*98%
24%
x43%
30%
Jail
31
24 Vb
22%
33%
34
99%
9
35%
9%
22%
22%
33%
12%
30%
30Va
9% *
9%
&
Lack & Western.'.—L—50
23
23
98%
24
35% '35Mi
Delaware
Delaware
17y2
23
34
9
.100
Hudson
11
17
14
145
*135
145
*135
*98%
99
*98% loo
—20
preferred——
Jan
*96%
I4y2
23
33%
^
12%
8%
13%
97
14%
*17%
*98%
99
*98% 100
99
34%
•
17%
33%
22%
33%
99
10% Jan
0-4
*16%
17%
23
*98% 100
21% Jan
Jan
17%
*17%
22%
43%
36
9%
14%
*16%
14%
43%
29% Jan
22%
y2
14%
43%
3C% Jan
Jun
97
43%
Sep
23%
24%
14
...No par
Jan
15,800
9%
22%
14%
Deere &; Co common—
36%
24%
8%
22%
21%
97
31
40%
108,200
13%
Jan
Jun
600
9%
8%
8%
22i/8
13%
*96%
24%
Mar
52%
9
97
12%
26
132 y4
*51
13%
24V8
31
132
52
13%
13%
97
13%
*96%
14%
12%
8%
45
134
52
9
24%
24%
38% Jan
132
53
23 %
8%
Oct
133
53
24
24'A
43%
5% Jun
8%
200
133
54%
24
1
Jun
20,300
24
_^_50c
30%
7%
7%
24
Deep Rock Oil Corp.—
Dayton Rubber Co—
10
24%
6%
24
5
Jan
24%
7%
145
30
10
3
29
24%
7%
*135
Jan
147s Feo
8% Jan 27
Jun
*24%
7%
145
24% Jan
3
11%
22
17
24%
7%
22
23%
13%
97
17%
100
97% Jan 24
22%
Jan
700
300
*24%
*135
1?%
23
13%
*96'A
*14%
_
29% Jan
17 % May
Mar
12 y«
24%
53%
8%
8%
67 Vz
12%
8%
*12
22
*135
5,300
8%
67%
12%
68
12%
2,800
68
8%
8%
68%
130
"
175
*160
145
21%
21%
175
67 %
17%
17%
18
*160
23%
23%
24
18
175
300
132
131
18
*55%
D
Corp
3%%
31
8 %
8%
21%
1
__1
preferred series A
100
Davega Stores Corp common—2.50
5% convertible preferred
20
Davison Chemical Corp (The)
1
Dayton Power & Light common—7
Dana
23
Jan
8%
1
■
pfd
Dec
Jan
26'A
19
55
May
15
Xl6%
4% May
131
23%
18
8%
32
131
'
12%
*
68
12
23%
*160
8%
8%
68
*54
135
10
'<
12!A
,55%
,
17%
175
69
55
100
15
*160
8%
8%
12%
131
Cushman's Sons Inc 7%
25
55
175
*67%
s
*23
17%
130%
10
13% Jan
Dec
56'A
23%
17%
*54%
20
Jan
56
No par
Jan
97
55'%
1,600
23%
—No par
_
138
12
1,900
18!
17%
*160
8%
preferred—
Curtis-Wright common
Class A—
Jan
96
NOV
87
—
Prior
:/■//;
9
.
*8%
24% Feb
13% Jan
Mar
133
10
18%
55%
common—No par
8
134
9% Feb
104%
7%
3
20
*102JA
18%
56
24%
10
7% Jan
103%
18%
7%
16
20% Jan
Jan
138
23% Jan
*101 Ve
18%
24%
6% Feb
Jan
103%
7'%
49% Jan
Apr
*101'/a
18%
24%
122% Jan
Jan
102
*18
7%
Oct
9%
240
24 78
Oct
24%
5,300
iVz
8%
137
32%
103 y2
*24%
52% NOV
Jun
32%
103%
-—5
,—
Cuneo Press Inc
145 %
Dec
32%
1031/2
32
24
17%
800
32%
103i%
12%
Feb
7
5,300
39%
32%
69
Jun
18%
200
16%
16%
*39
1033'4
*68%
..
preferred
4 % %
55% Jan 28
29'%
56
*23%
175
160
13%
*28%
Xl03%
*12y8
preferred
Cudahy Packing Co common
19
69
17%
13%
29%
32%
Cunningham Drug Stores Inc—2.50
31
Jan
3
14
56
24
17%
13%
*29%
102
18%
56
56
13%
29%
103ya
100
10
100
7%
7% Jan
non-cum
13%
29%
32
103
18%
200
2.200
13%
29%
io3y2
104
*101%
18%
24
—-100
pfd
100
common,_10
convertible preferred
5%
11
May
160
preferred™
$4 2nd
7
20% Jan
67% Jan
Jun
103
18 %
11
99% Jan
Jan
4%
103%
102% Jan
6% Mar
43%
No par
Amer corn__No par
S.4.20 preferred
Dec
Jan
73
109
—No par
104
32
9,100
105
13%
'*29%
32%
32
103%
Dec
Jun
Jun
32%
103%
24
102
29%
*29%
29%
29%
Corp common.,,5
Zellerbach
99%
60
5%
preferred—
Crown
5
104% Jan
(The)
13%
700
29%
29
16%
39%
36%
26
Jan 18
16%
Jan
15% Jan
10%
Oct
19%
Crown
13%
13%
2,500
2%
*103%
105
NOV
Creameries of America
100
5
2%
29%
29
29%
105
5.500
71%
184
4%
2%
2'A
"20
101
184
182%
4%
29%
101
71'A
71%
*4%
2%
104
101
102
71%
71%
*100%
*182%
4%
29%
2%
*101
102
70%
183
4%
50
33
*100V4
71%
183
47/a
33
101
*101
102
71
183
4%
101
*101
71%
32%
*100 %
32%
32%
*100 y4
102
183
30
103 %
59%
33'A
101
*48%
14%
104
20
49
Jan
8%
30
12 %
4%
*2%
16%
55%
49
70%
184
4%
100
1
2
preferred
3%%
24%
12%
*101
71
25
Crane Co common—
24%
*54 %
60
*100%
102
182%
*54%
9,400
50
32%
33 %
101
>—100
1
Coty International Corp-——.
1
preferred—
7%
4,000
59 %
12%
101
Coty Inc
26
12%
"49
50
71
1,100
24%
55%
ny2
69
15%
24%
13
17%
100 V*
-
Refining common—25
Corn Products
12%
33'A
5
—100
pfd 3%% series of 1947—100
preferred
3VzVo
13
17%
12 y2
15
*541%
54 V*
*49
58%
15 'A
57%
*15
24%
25
54%
17%
1
20
6%
57 Vz
13
24%
55%
12%
50
20,500
6%
56%
24%
25
25
*54%
Corning Glass Works common
102% Jan 27
Jan
182% Feb
9
4% Jan 28
Sep
5%
5
67% Jan
Dec
189
3
34
pref 5% series
Dubilier Electric Corp
Exchange Eank & Tr Co
Corn
10
Feb
101% Jan
3
28% Jan
58%
20
49% Mar
Convertible
Cornell
*15%
14
Shares
6%
6%
6%
X6%
6%
6%
Sales for
the Week
$ per share
$ per share
58'A
15%
Jun
6% Jan
51% July
t per share
$ per share
$ per
Par
Jan
47To
Feb. 8
S per share
—1
share
8%
5 V*
Friday
Feb.10
Thursday
Feb. 9
Feb. 7
Feb. 6
Feb. 4
Wednesday
-Tuesday
Monday
Saturday,'
EXCHANGE
Highest
Lowest
YORK STOCK
NEW
Range Since Jan. 1
Year 1919
$ per
IOW ASD HIGH SALE PRICES
STOCKS
Range for Previous
Lowest
RECORD
STOCK
YORK
NEW
Monday, February 13, 1950
FINANCIAL CHRONICLE
COMMERCIAL &
THE
(664)
5%
Cigar Corp..
10%
113%
10%
10%
63
10%
10%
2,500
125
:
114
*10%
125
125
102%
102%
102%
114
114 Vz
210
10%
10%
500
17%
17%
114/
,
10%
300
E
28
16% Mar
14'AJan
13
16% Dec
13% Feb
15% Jan
12
6
,Jan 13
7%
Jun
13%
Jen
10
38%
Jun
48 y«
NOV
45y8 Jan 27
164
Jan
21%
Jun
19% Jan 10
Jen
202
32%
Oct
172% Jan
29
Jan
Jan
5
13
16
Jan
48% Feb
179
Jan
6%
Apr
19
Dec
16% Feb 10
19% Jan
Jan
96
Deo
96% Jan
12
96% Jan
Feb
14%
Dec
12ya Jan 25
14% Jan
94%
Oct
Jun
33% Apr
45%
Dec
12%
17%
Dec
6
Feb
32% Mar
iy8
Jun
34% Jun
16%
Jun
17%
Jun
13
Jan
9
Elastic Stop
1
42% Jan 20
46% Jan
5
Electric Auto-Lite
13
19% Feb
6
Electric
16
Jan
6
38% Feb
8
3
33% Feb 10
2Vs Jan
23
11
Electric
51
1% Jan
Jan
»
Oct
29
28 y8 Jan
12
67% Feb
8
74
Jan
12
5%%
Jan
13
51
Jan
10
5%
13
Jan
55
Jan
Jan
60
Jan
9
Jan
9
25
6% Jan
11
60
Equitable Office Bldg
5%
Deo
Jan
8% Jan
4
10% Jan
11
Dec
9% Jan 13
11% Jan
7
Eversharp
Ex-Cell-O Corp—
3
Dec
Jun
5%
Apr
Por
fontont*.
55
Jan 13
61% Feb
9
5
4y4 Jan
10
3% Jan
9*
Evans
Products
Exchange Buffet Corp
35,000
38%
*37%
38%
1%
2
2
1%
39%
2
39%
25V*
25%
"25%
26
67y2
50%
*68
50%
70
*68 '
70
51%
67%
50%
50%
*50
5
10
50
5
31%
*
31%
30
*102
103y2
1
IVb
.11%
11%
*07
57'/2
*58
62
5%
5%
*102
7
1
*102
7
18%
TO '
30
5%
5%
9%
10%
59%
*109
7
11%
9%
59y4
3%
3%
26%
9%
10y4
59%
3%
t
■
3%
.
25%
103%
7
57%
62:
5%
9%
10%
59%
* 10%
4
25'A
18%
30
57»A
*58
5%
9%
*3%
14
12%
26%
14y4
25%
19
11%
10'/2
2.50
31
103%
7
26%
14
57%
62
9%
60
18%
26%
11%
10%
60
26»A
50%
57%
*58
1
3
51
26%
14%
11%
5
Co—
Inc
3,800
19%
68%
__100
Erie & Pittsburgh RR Co—
Eureka Williams Corp
11%
43%
18%
*66%
50%
No par
preferred series A_
10%
43%
19%
*67%
1
Erie RR common...
Feb
44
72%
100
Jun
43%
-18%
*37%
*691
*50%
Corp common__25
preferred
Jun
9y4
50
Mfg Co...
3%
9%
39%
123A
50
6%
9
25%
preference
eya
98
40%
71
11%
30
,
30
*102
7
9%
10%
59'A
9%
10%
59%
*3%
4-
12%
12%
12%
800
8,400
1,400
1,100
,4,100
100
190
3,700
14
20%
14V4
51%
26%
14%
2,500
28%
76,200
27%
28%
18%
3 0
*103-
103%
•
7
7%
6,500
30%
18%
18%
30
2,800
103%
7
11%
,
1,660
26%
11%
11%
11%
*55%
*58 ;
5V4
11%
*5%
.26%
14 27 r
18%
55%
02 5%-
x55%
*58
'
-
14%
26%
19%
103%
7%
1,900
99
*95
8%
25%
convertible preferred
5V4 Jan
13%
"97
40!A
12%
5
61%
96
13%
13 %
12%
5
68
*94%
98
25%
Jan
5%
2,600
40%
33% Jan
2
4,500
17%
25%
Endicott Johnson
5
1%
30%
16%
40
12%
Empire District Electric Co
10
38%
2
20
30%
12%
Emerson Radio & Phonograph
7V2 Jan
19Vk
179
2,100
2,700
12,100
17%
26%
8
12'A Jan
98
9
44
19%
38%
43%
„
1%
*95
*8%
13%
*178
2,800
21,600
30%
40%
10
57% Feb
'
*95V2
178
25%
19% Feb
10% Jan 13
38
17%
13%
98
8%
43%
19%
38
43%
18%
178
30%
98
*13%
48%,
40
12%
28% Feb
6% Jan 13
.
*95
8%
*95%
47%
26%
3
11
Dec
13%
11%
48%
40%
12%
14%
25%
18%
4%
98
13%
*95!A
11%
47%
17%
17'/2
15
26y4
40y2
14%
26%
18'%
103
2
.
18%
18
15%
14%
*12%
26V2
0
38%
*175
178
29% 30
*175
178
29% 30%
15
14%
11%
.10
14%
25%
18%
Feb
44
19%
47%
473A
15%
14%
ll'/a
No par
15
common
Electric
98
9
14
11
17%
15%
15%
14%
11
47%
15
40
20y2
100% Jan 10
Dec
61%
1%
4
30
Dec
Jan
37%
2
3
17 y2 Jan
36
38
Emerson
xl6'A Jan
Jun
43%
18%
El Paso Natural Gas
Nov
Jan
1%
18%
*95
*8%
6
Nov
7
38
No par
9
44
98
13%
12
13%
July
44*
17y4
98
*95
13'A
15 y2 Jan
18%
55
*95
*8%
18%
28% Jan
Jan
14%
Co
98
13%
178
30
*18'%
3
Jun
48 Vz
* 95
13!4
*175
30
6
Jun
35%
Elliott
30
18'%
Jan
8'/a
105
13
178
*18
14
14%
Jun
*175
30
26% Feb
Dec
12%
Jun
47%
51
26»A
50
May
14%
7
7
11% Jan 25
NOV
preferred
Storage Battery
Elgin National Watch Co
Jan
25'A Feb
13% Mar
28%
51%
9 V*
47%
Elec & Mus Irid Amer shares
42% Jan
Jan
4y«
11
47V2
11%
47%
3
35 V* Jan
42 V2
Jan
(The)
Boat common—
Oct
NOV
Jun
lly4
47%
1
17^
17%
17%
2714,
i7%
14%
15V*
14V4
14%
H
11
5
Nut Co.
Convertible
13%
17%
100
1
preferred
Jan
75
100 y2
4%%
2Va
Jun
x29%
13
12
15%
13%
.2.50
36 y#
48
23% Aug
Jan
10
Jan
14%
14y8
100
—,
Ekco Products Co common
96
96
x8% Jan
Dec
preferred—
4%%
15
14%
ll'/a
—100
2
preferred
Manufacturing Co
Edison Bros Stores Inc common
10%
May
Steel Corp
Eaton
88
8%
Inc
30% Jan
14%
101
Stainless
173A
14%
10
Corp common..i
Eastman Kodak Co common'
.
17%
17%
1
10
Airlines
Eastern
5
Eastern
Eastern
Jan
10
5
Eagle-Picher Co
56%
*55%
56%
62
*59
3,900
63
8%
10
59%
*3V2
5%
5%
8%
9
10%
61%,
4
.
14:100
700
5%
3,400
9
2,200
10%
10%
8,300
59
60%
3,600
3%
500
3%
-
Volume
171
Number 4881
THE
COMMERCIAL
NEW
Range for Previous
YORK
STOCKS
Year 1949
Lowest
Range Since Jan. 1
Highest
S per share
Lowest
$ per share
$ per
NEW
Highest
share
YORK
&
FINANCIAL
STOCK
CHRONICLE
RECORD
4
LOW AND
STOCK
HIGH
SALE
PRICES
Saturday
Monday
Tuesday
Wednesday
Feb. 4
Feb. 6
Feb. 7
Feb. 8
EXCHANGE
$ per share
Par
$ per share
$ per share
$ per share
Thursday
Friday
Feb. 9
Sales
Feb. 10
1 per share
tper share
for
the Week
S per share
Shares
F
34
Jun
Jan
39
Jan
3
19
Feb
42% Jan
25%
Oct
23% Jan
3
25
Oct
23%
Dec
20% Jan
15 V«
Oct
14'/a Jan
19 7»
41 %
127/8 Aug
% Jun
Fairbanks Morse Az Co
11
Feb
4
22% Jan
7
Falstalf
3
16% Feb
6
7%
Jan
% Jan
3
117s Mar
1 % Jan
Dec
15% Jan
3
16% Jan
13
38%
Jan
l43/4
Jun
3%
18%
Jun
24%
Feb
36% Jan
Nov
9
17% Jan
38% Feb
13
18% Feb
4% Feb
10
5% Jan
10
33% Jan
13
37% Feb
3
Federal
Motor
Jan
3
104% Jan
18
10%
Nov
20%
Jan
11% Jan
3
12%
13% Jan
12
Jun
Dec
17% Jan
3
19% Jan
43
Jan
Dec
80% Jan
19
8
56
May
Dec
52% Jan
13
Feb
9
Firestone
105% Feb
10
106% Jan
5
4%%
17
69% Jan
5
69
Dec
67
Jan
58
Jan
11 Ys
July
17%
Jan
13
21%
Jun
31%
Jan
30% Jan
Jan
104%
98%
18% May
Dec
23
15%
Oct
414% Jan
-.24%
Jan
>11% Jan
9%
Sep
8%
Feb
20%
Apr
78
;
•
14% Dec
*29%
96%~Oct
96
33%
Dec
29
25%
Dec
8%
,
Nov
8
Jun
Feb
31
18
»96% Fefcf 10
Jan " 7
99
Jan
Jan
17%
23%
78%
"33% Jan
30
•25
9% Feb
Dec
Feb
Sep
25
57% Jan
•
Dec
Jun
Jan
Jan
-
9% Jan v3
Nov
11%
-
24 *
;
12% Aug
10% May
60
16%
67
Jan
30
20% Jan
11% Jan
13
>17-- Jan-13
:
13
75% Jan
3
5
.
16
.11% Jan 27
.
3
•
Jan
•
10
65% Feb 10
•
19% Feb
8
22% Jan
9
80
Feb
217,
16%
16%
16%
16%
16%
1%
1
1%
16
16%
15%
*37%
37
%
37%
37%
*37%
377a
1
407a
•39 74
16%
16%
397a
39%
40%
1,000
247a
21%
7«
x247a
247a
5,500
20%
21%
3,400
163/.
16 74
5,100
16
167a
17a
167«
17a
15%
16
167a
3,400
37%
37 7a
37%
1
1
16
1674
1
1
3874
387a
387a
600
18%
18%
18%
18%
183/a
187a
18%
187a
187,
187a
187,
4%
4%
4%
4Va
47a
47a
4%
4%
4%
4%
4%
1,800
1,700
3674
367a
103%
103%
180
127a
1274
1,400
187*
1874
900
36%
*103
12%
1
*18%
10
37
36%
*82%
37%
36 %
367a
36%
36 y4
*103%
1047a
12%
12%
127a
1037a
127a
*10374
12%
12%
12%
127a
19
18%
18%
187,
18%
187a
187a
187a
12%
187a
104
5
.
*103
103%
83
83%
103
83
33
337*
36
104
8374
8374
83%
8372
25
56%
56%
56
100
106%
106 %
*1.06
No par
69%
69%
*68%
69%
687a
68 %
687a
687a
69
13%
13%
13%
13%
13%
137a
137a
137a
Fruehauf Trailer Co
697*
1
4%
1,000
13%
2,200
317a
1057a
1057a
27
27
*26 7a
277a
267a
267a
18%
19
18%
18%
18%
19
18%
19
18%
*14%
15
*14%
15
*14%
317iP
31 y8
317a
1047a
104-A
*14%
15
147a
14%
13 %
12%
13
127*
127a
12%
127a
12 >/*
16%
16%
16%
167a
16%*
367a
165/a
1674
127a
167a
297a
31%
*104
2974
32
4,300
105 7a
7,600
15
100
12%
7,100
16%
16%
6,100
30
7,800
29%
29%
29%
29%
30
95
95
95
96%
95%
957a
*96 7a
97
96
967a
*97%
98
98
98%
99
S9
977a
987*
98%
98%
98 7a
987a
30%
30%
30%
30
30
30
30%
30%
31
30%
31
30%
'
297a
/
297*
*957*
*24
24%
24%
24
24
*23%
24 y4
*10%
11%
10%
10%
107a
10%
10%
1074
10%
9%
9%
9%
9%
*9%
9%
97a
97a
97a
63%
*
210
800
■
12 7a
*94
'
110
197a
15
63%
63%
63%
537,
647*
64%
*24
-
64
.
♦2374
297a
*23%
65
130
10%
1,000
*9%
97a
2474
*10%
2474.
107a
65
380
220
2,100
9%
900
22
64%
*78
18%
19
18%
19
18%
1874
187a
187a
6574
18%
1,500
19%
22
*18%
100
preferred
69%
xl3%
27%
19
1
common.
1,900
8,900
104 Vs
317a
106
*27%
l
Freeport Sulphur Co___
10
-,:Froedtert Grain & Malting Co Inc.l
837a
57%
277*
32
*104%
27%
29%
10
3,100
10574
83 7*
1067a
13
100
*
577*
48
1067a
ia-%
10
i;
57%
106
1047a
31%
104 %
*14%
577a
557a
106
27%
32 %
104%
-
Franklin Stores Corp
567a
106
137,
31%
19
__i.
'3%% preferred.
100
•-Foster-Wheeler Corp common
lo
6% pFior preferred
•
25
Francisco Sugar Co—
No par
55 Va
106
27%
_i^_7%
r
56%
106%
*31%
"
_No par
Food Fair Stores Inc.:
%
367*
105 7*
69
13%
'.Follansbee Steel Corp
;
8,500
*4%
••.Food Machinery Az' Chem Corp
*3%:% -convertible preferred..
.
16%
17a
13%
_
Jun
x38
13
;
12
17 >
30% Jan
*89 % Jan " 3
-•92%
Jan
24
21%
16%
5
com
Florida Power Corp...
VFlorsheim. Shoe class A
10
14% Jan
3
Nov,
May
21%
3
«
14% Jan
f28
July
19% Feb
89
2
'15% Jan 10
24%
21%
40
(The) Carpet Co
—No par
Flintkote Co (The) common..No par
$4 preferred
r—
No par
Florence Stove Co—'
No par
4
19% Feb
25
Jan
>
Jan
Rubber
&
24%
213;,
l
Firth
9
"27% Feb
118 % Jan
May
12
Dec
106
24% Jan
•18%
Tire
24%
213,
5
preferred
First National Stores
14% Jan 20
33% Jan
104% Feb
Jan
Jan
13%
-•
83% Feb
407a
24%
21%
2
Mfg Co
Ferro Enamel Corp
Fidelity Phoenix Fire Ins N Y
20
40%
24%
21%
*15%
100
81%
July
53
103
40%
24%
21%
l
common
107% Mar
63'/2 July
105
Sep
40%
25
l
Felt Az Tarrant
17%
104
16%
1
41%
No par
Truck
Federated Dept Stores
4 % % preferred
95% Mar
*20%
Mining & Smelting Co
Federal-Mogul Corp
9
Jan
Dec
6%
36
24%
l
Federal
10
*40%
20
Brewing Corp
Family Finance Corp common
FAR Liquidating Corp
Fedders-Quigan Corp
14
15%
32
Jun
No par
Fajardo Sugar Co
23
21%
22%
22
2274
21%
22
21%
22
x21
21%
9,700
79%
80
79%
*787/b
79%
X79 7a
797a
60
79%
*78 7a
79%
*787a
,
187*
1,600
G
4%
Jun
77.
Apr
57a Jan
3
47a
Jun
77a
Oct
7% Jan
3
14%
Jun
18 7a
Dec
17% Jan
12
Oct
9%
Jan
6% Jan
3
8% Jan
20
31%
Oct
41%
Jan
13
38% Jan
12
Feb
177a
Dec
6
7% Jan
30
Gabriel Co
8% Jan
10
Gair
18% Jan
28
35
Jan
3
17
Jan
10
18
Jan
Co
(The)
Inc
1
(Robert)
common
6% preferred
Gamble-Skogmo Inc
5%
20
15
Jun
19
Apr
xl7% Jan
3
19
Jan
10
Gardner-Denver
1074
Jun
1674
Dec
15% Jan
3
19% Feb
10
Garrett
37a
Jun
674
Feb
472 Jan
3
5% Jan
12
Gar Wood
21%
Jun
327a
Feb
24% Feb
2
27% Jan
12
15%
Jun
237a
Jan
18% Feb
4
20% Jan
11
Dec
18
Jan
3
19% Jan
11
General
Jun
105
13%
Jan
103%
Jan
417*
99
197a
107
97a
106
Jun
152
11
Oct
9%
6574
Dec
10
Apr
106
12
49 % Feb
104% Jan
1074 Jan
5
12
5
165
Feb
7
7
39
9% Jan
17%
*177.
17%
177,
17%
*17%
17%
300
18%
*18%
18%
18%
18%
18%
18%
900
2
18%
18%
18%
18%
19
18%
197a
18%
19%
19%
19 %
7,600
Industries
Inc com.,
1
57a
50
*26
19%
100
105 %
106
Transportation_____5
Amer
48%
49
49
107
*103
107
11%
*164%
165%
16%
16%
7%
7'A
—
*103
100
*71%
72
50
*27 Ys
Cigar Co Inc com—No par
preferred
100
17%
28%
17%
Jan
20
75
19
30% Jan
4%
3
18% Jan
Corp...
General
Jun
1397a
34
Jyn
4278
Dec
417. Jan
13
45
39 74
Jan
487a
Dec
477a Jan
13
50% Feb
93%
Jan
10078
Dec
1007a Jan
3
103
878 Jan
4
•10% Jan
14
General
54% Jan
16
56% Jan
25
General
x674
134
Jan
23
138 % Jan
7%
Feb
Jan
General Foods
20
Jun
13 74
Jan
Jun
5674
Dec
123%
Jan
1287a
JUtt
126
Jan
13
128
Feb
112
Dec
1097a Jan
10
113
Jan
24
51%
Jun
Jan
Jan
104%
13
Feb
19%
22%
Jun
38%
11% July
Lowest
$ per share
123%
preferred
3%%
convertible
NEW
Highest
$ per share
72% Nov
13
78% Feb
10
5
126% Jan
24
Dec
102% Jan
6
Sep
19% Jan
3
Dec
34% Jan
27
16 % Mar
13% Jan
4
104
Feb
8
21% Jan
16
Jan
3
15% Jan
11
38
YORK
28
•
•>.
17%
11%
*164%
187
19%
106
8
106
47%
48%
*103
107
11%
11%
165
19'A
5,600
106
48
230
%
3,800
11%
10,800
106
16%
16
7
77/«
165
120
16
*164'A
16
2,500
7
7%
7.200
72%
72%
72%
72%
28
28
*17%
27%
28
27%
27%
600
18
xl7%
17%
17%
17%
1,300
74
,
150
136
134
90
44%
45
44%
44%
44%
44%
44%
45
44%
45
45,000
49%
50
49%
50
49%
49%
49%
50
49%
50
4.900
*101
100
preferred—100
*101%
102%
10
1
No par
135
102%
loy8
*55%
9%
55%
55%
*127
128
Portland
102
9%
9%
55
128
112
55
*127
128
112%
*127
113
135%
102
10%
56'A
*112%
*110%
112%
LOW AND
STOCK
Saturday
Monday
Feb. 4
t per
102
*101
9%
9%
55
55
128
128
*108% 112%
SALE
Wednesday
Feb. 7
share
*133
*101
102
101
101
200
10
10%
10
10%
13,600
55
55%
55%
55%
1,500
*127
128
*127
128
10
*111
112
112
112
400
Feb. 8
$ per share
*133
134
TRICES
Tuesday
Feb. 6
t per share
HIGH
135%
135
$ per share
Thursday
Friday
Feb. 9
Sales
Feb.10
t per share
for
the Week
t per share
Shares
75%
76%
76%
76 7«
76%
77%
77%
787.
*125%
126%
125%
126
•
125%
125%
125%
1257*
1267a
12672
126
126 7.
1,300
103%
103%
103%
103%
103%
103%
103%
104
103%
104
104
104
1,800
No par
20%
20%
1
35 %
No par
Advertising.
Gen Precision
*72%
73
17%
7%
7
*103
1,900
2,500
*134%
General Motors Corp common
10
$5 preferred
No par
Preferred $3.75 series
No par
General
„
48'A
4%
26%
19%
19%
19%
45
Par
Gen Outdoor
72%
28
16
18%
106
4%
*25 %
43%
27
50
$ per share
68% Jan
Sep
7%
165
16
19%
136
*134%
EXCHANGE
xl25% Jan
127%
*
18
11%
165
4%
*25%
44%
5%
Range Since Jan. 1
Highest
x97
73
28%
48%
107
11%
12
16%
7
17%
*103
165
16'A
28%
STOCKS
Year 1949
S per share
11"%
165
19%
106
48%
IO7
19%
50
Corp
common
Range for Previous
Lowest
19
106
49%
*103
12
*71%
19
106
48%
4%
27
No par
Instrument
Mills
>
19%
19%
106
49'A
*25%
27
18%
19%
106%
4%
4"%
.
19%
par
No par
Corp com—_No
$3.50 preferred
8
Apr
97
preferred
General Electric Co
447a
'■
2nd
conv
129
Apr
19
*105%
7%
Bronze
19%
19%
19a/8
7'A
17 74 Jan
4%
*25%
Investors com__l
19%
No par
71
5
27
5
*25%
19%
General Cable Corp com
4% 1st preferred——
Jan
5%
27
1.66%
16%
277a Jan
500
17%
11 %
Jan
1,600
3° %
18%
165%
Jan
300
8
*3"%
18%
16%
Apr
7%
a
37%
17%
11%
31
8
37%
6,900
18%
*163%
20
8
1,300
8
18%
*17%
5
Jun
37%
6%
%
7%
18%
18%
5
Jun
7%
37%
6
8
18%
17%
No par
17
8
6%
7%
18%
18%
18%
preferred
247a
18%
38
38
6%
8
*18%
*17%
American
General
*7%
8
38%
6%
6%
7%
8
18%
No par
General Baking Co common.
$8
8
38
6%
7%
No par
$4.25 preferred series A____No par
16% Feb
8%
,6%
*18%
Co
$4.50 preferred
Feb
12
*8
*38
6%
8
18%
8
*18%
(The)
Corp
Genera]
Jan
Jan
161
j
Jan
797a
Feb
137a Jan
Jan
15
Jun
11
13
Dec
163%
Feb
6
Jan
Jan
4574 Jan
10374 Jan
487, Nov
Sep
July
(The)
6%
7
8%
18%
5
4%% convertible preferred
Gaylord Container Corp.
Co
8
*18%
50
common
convertible preferred
Gamewell
„
*6%
1
—20
14%
Cement Co
Equip Corp
77%
76
77%
787a
95,800
*20%
21
20 72
2072
20%
20%
207*
20%
21
21
500
35%
35
35%
35
357a
35
357»
34%
35%
34%
35
9,100
14%
14%
14%
14%
14%
14%
147a
14 y4
14%
147a
147a
2,300
2%
Jun
3% Feb
10
3% Jan
9
General
Public Service
10c
11%
Jan
17
Nov
*3%
16% Jan
3Va
3
17% Jan
12
General
1,200
15%
Jun
20'A Jan
Public Utilities Corp——5
16%
17
16%
17
16%
17
16%
167/a
16%
17
19% Jan
17
4
177s
23% Feb
10
Gen Railway Signal com
21,200
21%
22
21%
22%
22
23
22%
227/a
22%
23
22%
23%
6,800
*123
124
1247a
1247a
120
May
3%
Dec
124%
Dec
121% Jan
6
Feb
10
4%
Feb
7%
Nov
6% Jan
20
7% Jan
6
General
20%
Jun
24%
Jan
23% Jan
31
25% Jan
9
General
Dec
x31% Jan
18
34
Jan
5
General
113
5
115
Jan
7
29% Jan
11
No par
24
Mar
34
99% July
22% Jan
122
Jan
31
Nov
18%
Jun
27%
Dec
99%
Apr
102%
Jan
15%
Jun
21%
Jan
67
July
64
Sep
77%
Jan
28% Jan 13
21% Feb
101:
1
Apr
Jan
10
19% Jan
3
125
24 % Jan
102
Jan
9
6%
23
80
4%%
Feb
Jan
7
68
Jan
12%
Feb
8% Jan
25
10% Feb
24
Jun
37%
Dec
33% Jan
13
38
79%
Jun
91
Jan
90
Jan
4
94% Jan
31
12%
Jun
17%
Jan
14% Jan
13
16'A Jan
9
72% July
80%
Oct
77% Jan
Mar
68
80
Jan
Dec
17s,a
28% Aug
Jun
21
48
73
25%
Dec
24% Jan
55
Dec
54
10%
Dec
July
5%
Jan
x95 %
Jun
116
Jun
19
Sep
52%
Jun
100
Jun
34
Jun
98% Jun
10
Jun
1% May
5% Feb
72%
24% Jan
11
3
29
Feb
2
Jan
23
56
Jan
12
Feb
2
112% Jan
11
108
Feb
10
14% Jan
24
13
Jan
80% Feb
9
104% Jan
43% Jan
13
49 % Feb
9
Sep
3%
103% Jan
13
Jan
;
12% Jan
1% Jan
8% Apr
30%
Dec
28%
Jan
28 %
Dec
/. 101
Dec
7% Jan
9
10
Jan
11
27% Jan
5
26% Jan 31
93%
Apr
11
Jun
16%
Apr
15% Jan
13
16% Feb
3
32
Jan
36%
Oct
33% Jan
12
35% Jan
17
11%
100% Jan
6
102% Jan
9
preferred
12
Gt Northern
Iron
Gt Northern
Ry (i%
Oct
18% Jan
13
20% Feb
144% Mar
137% Jan
3
144% Feb
Dec
41
Jan
4
44% Jan
12
Green
14% Mar
13
Jan
4
14% Feb
10
Greenfield Tap
10% Jan
3
July
97% Jan
3
15%
Jun
Apr
18% Jan
6% Jan
Feb
92
Jan
9% Jun
7% July
19
Guantan^mo Sugar
59% Jan
25
Jan
3
Jun
71%
For
8% Jan
4
56%
16% Jan
*3
3
22%
footnotes
nee
Jan'
Dec
Dage
21;
24
102
15
Jan
•
■
6
Jan 17
56% Jan
63% Jan
12
3
24% Jan 13
373/*
93%
93%
500
15%
15
157a
10,900
84
547a
11%
*108
104
104
*104
104%
103%
11%
110
15%
,80 7*
103%
48%
*106'A
*12%
12%
12%
12%
12%
12%
1
2%
2%
2%
2%
2%
27*
48
48%
108
48 %
*106%
108
47%
48
*106%
108
*82
21%
84
217a
*82
21
287a
28%
*53%
54%
117a
*108
11%
110
117a
*108
157,
15%
3,800
80
80'A
8,600
1,000
104
47%
107
12%
2
10474
487*
107
12%
27*
104%
487a
*106%
12%
2
*33%
33%
23 7a
337a
337a
33%
25%
25%
25%
2574
25%
*25 7a
27%
27%
26%
277*
267a
26%
100%
1007a
167*
•100
15Va
16
35%
35
35
101
102
101
16%
16%
16%
167a
35
35
35 %
35%
16%
*35
20
15%
8072
*25%
*101
4,000
15 y4
27%
1
500
117a
108
80
8%
27
11%
108
15%
25%
87*
3,000
10.500
8074
33%
8%
11%
110
21
28
54%
15
8%
*33
27%
*54
.79%
25%
8%
20%
28%
54%
84
*8°
217«
27%
•537a
*33%
8%
84
7,200
8%
8%
101
8%
27
101
15%
•35
104
104%
104
46%
49 y4
109
*1067*
137.
13%
87a
8%
12,600
200
133.
3.700
27a
2
27,
48'A
109
10,100
8%
2,500
34
34
347a
25%
25%
25 7a
1.900
2774
*26 7a
27
2,100
800
101 %
220
15%
167.
16%
3,500
35%
35%
35%
90
101
101
12%
No par
12%
12%
12%
12%
12% '
12%
12%
12%
12%
127a
127a
3,100
43
43
43
43%
42%
43
427a
42%
42%
43
42%
42%
5,000
5,800
*19%
19%
143 %
143%
loo
*70
19%
19%
19%
144
144
144
*70
75
*70
41
75
42
41%
13%
14
%
13%
19%
19%
19%
19%
19%
20
2074
1437a
14372
*143
144%
143
143
*66
75
*66
4274
42
42
42
14
13%
13%
1447a
75
180
*66
75
42%
43
43
4,800
14 y4
147a
14%
147a
1,000
11
75
'
_
(The)—
Grumman Aircraft Corp
3
36%
94 y4
15 y4
28
13%
Common
Jan
377a
94 Vt
21%
11%
13,400
36%
54
109
60
-
157a
27%
11%
-
37%
21 %
109
10
■
957.
54%
11%
9%
7,400
157*
28%
110
10
23%
36%
217a
11%
237*
*93%
54%
*108
9%
23%
15%
37
28%
13%
4%%
51% Jan
*82
23 74
957*
21%
Az Die Corp..No par
10
12% Jan
157.
28%
41%
23% Feb
Jan
84
367a
*94
10 7«
54%
41%
13
Dec
*82
97/a
21%
1
11
14
100
Co Inc—
28
54% Dec,
Jun
L)
Jan
101
41
(H
84
100
Greyhound Corp
11 % Jan
100
10%
28 7a
21%
Prop—No par
preferred
43%
July
*82
pfd—No par
Great Western Sugar com
11%
5
Ore
Green Bay Az Western RR__
12
15%
—No par
30
100
9%
9%
*54%
100
com
600
—
73
5
Jan
33% Mar
20%
—
71
Oct
82
*70
No par
6
Jan
*79
72
No par
3%% preferred
Gray.son-Roblnson Stores
10
9%
80
No par
Jan
93%
*79 7a
*69
10
No par
13
Jun
80
72
10
Grand Union Co (The)
—.10
Granite City Steel——_No par
Grant (W T) Co common
5
7%
227a
103 %
80
15%
44% Jan
7
22 74
*101
1,700
*69
79
com
800
280
297a
80
15 %
3
10
22
1037a
33
1147a
29%
72
79%
3
Jan
*32%
114
30 '
*69
15%
Jan
65
32%
114
*78%
78%
12
Nov
2,600
79
15%
40% Jan
19%
7,900
247a
72
100
_
70
67a
247a
79
78%
Sep
67
125
6%
24 Va
*69
15%
Jan
Dec
22
*101
23%
78%
14%
Jan
227a
10
43%
16%
*29 72
1037a
(B F) coinmon.._No par
Jun
62%
1137a
125
6%
80
1
33% Jpn
133% July
*32 7a
297a
23
50
Brewing Co
conv
227a
33
114
125
72
.9%
2.50
$5 preferred
$2.25
29%'
•101
No par
Az Stock Telegraph Co
$5 preferred
114
3%
37a
*69
No par
convertible preferred
Goodyear Tire Az Rub
1
23
*32 Va
23%
15%
Graham-Paige Motors
Granby Consol M S Az P
Jan
29%
6%
24
103 7a
37%
Gotham Hosiery
9
3374
114
*124
23
94%
10
34% Feb
67.
23%
*■101
15%
10
26
6%
23%
23%
94%
Goebel
7
24
*3 74
*78%
22%
37%
Gold
37a
103%
*101
23%
15%
4%%
*22'A
37a
23%
95
2% Jan
3
22%
29%
3%
5
38
13% Feb
4
33
114
29%
37%
"3
4
22%
22%
103%
33
*94%
16
Jan
29%
No par
$4.50 preferred
Gleaner Harvester Corp
Glidden Co (The) common
8
24% Jan
,29
*22%
*101
6%
24
114
32%
114
$5 convertible preference—No par
Brothers common—..
5
10
Feb
29%
7%
24
3%
100
preferred
Goodrich Co
3
20
107
32%
114%
29%
com
Goodall-Sanford Inc
69% Jan
101% Jan
16% Mar
*31%
*113%
100
Tire Az Rubber Co
9
Jan
45%
106
,_1
—20
3%
123
7
24
Gimbel
5
13
Dec
16% Jan
20% Mar
26
Aug
104
16%
Jun
25
7%
24%
No par
Gillette Safety Razor com
Jan
123
124
7
*24
preferred
4%%
Feb
83
*123
10c
No par
3%% prelerred
__100
Georgia-Pac Plywood & Lumb Co__ 1
10% Jan
Jan
14%
18% Jan
10
100
Utilities
Az
Refractories
General Time Corp common—No par
General
5% Jun
Realty
Shoe Corp
Gen Steel Castings $6
pfd
General Telephone Corp
12
23% Feb
preferred
3%
3%
3
common
11%
11
11
99%
99 %
90
99%
*98%
99%
♦98%
99%
*98%
117*
99%
10%
100
pieferred
98%
99%
170
,.1
20%
20%
20%
20%
20%
21%
21%
21%
21%
22%
22%
23 %
33,400
1
*7%
7%
7%
7%
7%
7 V*
7%
77a
7%
7%
7%
2,600
$5 convertible preferred
No par
Gulf Mobile Az Ohio RR com.No par
$5 preferred
No
11
*102
8
103
,
11%
*102
103
11
*102
117*
103
11
►102
11 y.
103
*102
103
59,800
103
*102
14%
14%
14'%
14%
14%
1474
1472
14%
14%
7.
14%
par
Gulf Oil Corp
Gulf States Utilities Co
14%
55%
5o
56
56
55%
55%
•55 y.
55%
557a
55%
*55 7.
55 %
25
62%
63
62%
62%
6272
62%
62 y4
62%
627a
62%
617.
62
12,300
No par
23 %
23%
231
23%
2374
237*
23%
23%
23%
23%
23%
247s
10,400
..
*
14
.
7,300
500
18
COMMERCIAL
THE
(666)
YORK
NEW
EXCHANGE
Highest
Lowest
Highest
Par
.
$ pet Snare
per share
$ per share
share
Feb. 6
Feb. 7
5 per
share
Friday
Sales for
Feb. 10
Feb. O
Feb. 8
$ per
$ per share
the Week
Thursday
Wednesday
Tuesday
,
$ per share
PRICES
SALE
HIGH
AND
LOW
Monday
Saturday
Feb. 4
STOCK
YORK
NEW
Ilange Since Jan. 1
Year 1949
I per
RECORD
STOCKS
Range for Previous
Lowest
STOCK
Monday, February 13, 1950
CHRONICLE
FINANCIAL
&
share
Shares
$ per share
$ per share
H
25
Cementing —5
Halt <W F) Printing Cj
5
Hamilton Watch Co com——No par
31
Jan
39%
Dec
40'A Jan
9
Feb
10
Hackcnsack
Jun
24%
Dec
22% Jan
13
25 Va Jan
30
Hal.iburton
Oil Well
12
Jan
11 Va
Jun
"41
24%
15'%
*13
*81
<105
22%
Water
16%
_
45
14% Jan
4
15% Jan
12
13%
Dec
12% Jan
4
14% Jan
12
81
Jan
77
Jan
5
80 % Feb
8
Dec
14%
72 % July
104%
Apr
108%
Nov
105
Feb
Nov
23 Vi
Jan
20
Jan
3
Feb
6
Harbison-Walk
5
Feb
1
25%
Dec
23% Jan
3
27Vi Jan
12
Hart
Jan
7%
Nov
5Vi Jan
3
7% Feb
10
Hat
May
Jan
6%
68 Vi
10%
Dec
146
5
9% Feb
71
Feb
11
Jan
10
Hayes
3
8% Jan
7
Feb
Dec
21°« Feb
9
24 Va Jan
10
Jan
25%
Dec
25% Jan
3
29
Feb
6
Hecht Co
34
Jan
95'i
Dec
Feb
3
94% Jan
3
3% Vt
30
Jan
6% Jan
Jan
9 Va
25
93%
3774 Jan
Dec
37%
Jan
41
3
—
—,
..1
100
1
2
J)
iH
3.65%
Co
74
106% Jan
6
32%
Dec
31 Va Jan
13
32Va Jan
17
42%
Dec
40% Feb
7
41% Jan
5
«
13 Y«
Jan
17 Va
Aug
9
Hercules
Motors
Jun
53
Dec
9
Hercules
Pcrwder
common—No par
Feb
131
122%
Sep
26% Mar
45
52
Nov
53%
Dec
51 Va
Nov
52%
Dec
xl3%
Aug
21%
25
'/3
Jan
6
52% Jan
127
Jan
4
56
Feb
8
6
53% Feb
3
15 % Jan
'
53% Jan
3
18% Feb
3
18% Jan
84%
Sep
75 % Feb
10
80
Jan
6
12 Va
Dec
11% Jan
4
12 % Jan
11
15%
Dec
14% Jan
4
15% Feb
.3
12 Va
15 Vi
Sep
13 % Jan
5
15 Va Feb
4
21%
Jan
Jun
•20
Jan
29%
3%
15%
Oct
16%
Jun
22%
28 %
28%
29
94%
*93%
70
70
9%
9%
9%
9%
1,300
7%
7%
7%
7%
7%
7%
12,100
22%
22%
22%
21%
22%
21%
21%
*28%
28%
28 Vi
28 Va
>27%
28%
*27%
28%
95
>94 Va
95
94 "a
39
*105
94 Va
94%
39 %
*39
105%
105%
94%
94%
39
39
39
39
105
105
105%
32
32
40%
40 Va
*53
18%
13%
>76
11%-
16%
16%
16%
42%
43%
43%
44
44
55 %
56
56
55%
55%
55 Va
55 Va
54
53%
53%
53 Va
53 Va
53%
53%
>•00
18%
18%
18%
2,900
13'A
13 Va
13 Va
18.100
75%
75%
11%
12
42%
42
42
55%
*55%
55%
54
18%
18%
18 Vi
18
18 %
18%
18 Va
13%
77%
13%
14
13%
13%
13%
13%
13'A
76%
76'A
77%
76
76
76
76
12
11%
11%
11%
11%
11%
11%
12
*53%
>76
11%
15%
*15
*15%
15%
15%
15%
*15
>18
15%
15%
15
10
Holly Sugar CorpY —
5%
conv preferred
——*.3o
19%
*18%
19
*18%
47% Jan
11
Homestake
28 %
46
23%
8
*18%
*23%
*45%
13
34% Jan
25
Hooker
Jan
104
Jan
19
25
14
Jan
9
36
97%
98
48
43
48%
47%
47%
23
48% May
46% Jan
Oct
33%
35%
48'/a Jan
Jun
38% Jan
12%
Jun
Oct
15 Va Jan
5
17
Jan
46%
Jan
40% Jan
5
44% Jan
9
4%
Jun
11%
Dec
Jan
13
Jan
"3
8
10
Stores Corp..
Howard
20
Jun
& Power——No par
of Texas v t c———23
Oil
Houston
3
44% Feb
12
Houston Light
31%
Sound
Howe
*16%
1
_
Co___—
—5
...
Manhattan
&
Hudson
33%
113%
35%
13
42%
34
41
102 Va
102%
102%
102 'A
102'A
13
33%
12%
12%
12%
12%
12%
12%
*33'A
5,600
20
12%
12%
12%
3.100
33 Va
700
3,500
33 Va
38 Va
37
38%
98%
97%
97 %
270
47%
48
47%
48
4 8'A
48'A
5 *00
43 Va
42%
43 Va
42%
43%
7,100
1&%
*16 Va
41
.
16%
17-
16%
41 Va
41 %
41%
8%
*
3C0
16%
41%
*
16%
41
41
33
8%
8%
8%
8%
8%
8%
14%
*13%
14%
>V3%
14%
*13%
POO
1
3,000
8%
13 Va
8%
14%
260
104
*103
%
43%
*8%
4,900
34 %
37%
37 Va
16%
8%
46%
114%
:: *97%
33%
41
42%
900
98
33 V2
>97
17
41
300
34 Va
104
12%
36%
33%
42 Va
43%
*16%
17%
19
28%
45 Vh
34 Va
114
>103
5,400
33
41
43%
44
41
8%
common...100
*102%
800
14%
114%
46%
45%
45%
102'/a
,
28%
114
33%
33%
100
*18%
114
98%
Y_'
18%
28%
54
45%
35%
preferred
100
18%
-
114
97%
3%%
12 Vi
34
45%
98%
Household
23
Jan
34
12%
114
36
10
98% Jan
35
Dec
13 Va
34%
>98
43
43%
38% Feb
7
Nov
99%
28
45%
>35%
10
31
Nov
41%
27%
114%
Finance common—No par
3
Jan
35%
Jan
$4.25
xl4%
28
■
34
114
115
31% Jan
Feb
Jan
18:%
28%
115
*102'A
12%
*33%
95% Jan
30
28%
36%
18%
28%
45
15
...
45 Va
34
34
400
15%
>12'A
19
No par
No par
—50
preferred
Houdaille-Hershey com
$2.25 conv preferred
12% Jan
5
com
$4.50 2nd pfd series A—_No par
116
12
Dec
12.50
Co
310
6.300
15%
28%
13 Va
28%
28%
900
27%
28
>12 Vi
3 9^0
.
>15%
>15%
15
27%
260
126 Va
15
15%
15%
5
28%
3,900
42 %
42
15%
3,900
52%
>125
*53%
15
-17%
-.52%
52%
126 Va
>125
125
9
Mining..—..—
18
51%
125
Jan
Electrochemical
17%
126 Va
126'A
x28% Jan
Co
17%
51%
126%
51%
52 %
51%
126
127
42%
55 %
54
15%
1
16%
52
250
17%
41
16%
700
41%
32
32
*40%
32
>40%
>31 %
40 Va
4
13
>104
32
40%
16
Jan
60
31%
18% Jan
101% Jan
105Va
105'A
32
27% Jan
109
600
>104
41
51%
70
39 »A
41
17
600
39
32
51%
3.100
22
21%
39 Va
39'A
32
•
Dec
*94 Vi
41
17
51%
120
70'A
*70
22%
105%
*126%
42%
55 %
100
1
3,500
7%
6%
6%
70
70
26%
'26'A
26%
>6'%
•
9%
13%
Dec
40
9%
27%
101%
149
>146
146
7%
*12%
116
5,200
9%
13%
Sep
23
7 Va
27%
Jun
10
22%
22%
7%
26%
5
106
*9%
*12%
,
*104%
7%
13'A
Feb
106 Va
*26%
6%
10
82
>79
9%
28 '/a
45
146
26%
12%
13 Va
82
9%
28%
32 Vi Jan
13 Va
70
70
*12%
Sep
16
*6%
5
Dec
44%
26%
6%
& Sons—-,-—-5
Nov
Feb
27'A
6'/a
Hollander
28%
29%
26%
6%
71
Holland
34%
13%
27%
6%
5
19 V2
149
*146
2
50%
Jun
22%
14 Vi Jan
Apr
9%
22%
28'A Feb
Jan
94%
22%
22 Va
31
34 Va
100
*105%
14
24 Vs Mar
x24
106 Va
149
*146
148
27 Va
7
>105%
22%
23
22%
106
*105
12% Jan
Jan
,
105
*145
>79
25% Jan
(A)
800
*
80 Vi
*
Furnace
1,900
13 Va
13 Va
80 Va
15%
15 Va
15 Va
*12%
*31%
5
Ej
(Charles
Co
Hires
15%
15%
15 %
15%
13
*30%
28 "a
Dec
Jun
,
9.800
"40
Heyden Chemical Corp——_—1
3 Va % preferred series A
100
Hilton Hotels Corp..
5
Hinde & Dauch Paper Co
10
7
13'A Feb .10
Dec
Jun
700
25
10
preferred
Hewitt-Robins Inc.————,
8% May
11% Jun
14%
77
■
45
24%
25
common
preferred—*———
100
Hershey Chocolate com
^—No par
4 % 'In preferred series A—
50
V/2% preferred series B——.50
u
51% Jan
.
W)
non-cum
5%
24
Jan
46'A Jan
40% Jan 25
Dec
Feb
18
Ja/i
49 Va Jan
16
12a
(G
Helme
42
25
83
13
13%
83
105
22%
148
27%
15 Va
15%
15%
13%
22%
>105
No par
40
105
Oct
*80%
42
25
71
*38%
—100
preferred
Jan
Jan
Jan
105
40%
24%
71
9%
7%
*93%
25
23 Va
Jan
40%
25
22Va
34%
98 Va
42
24%
106
*28
—100
common
*40%
25
9%
7%
15
common
preferred
Heinz
—
Co—.———.-5
Glass
Hazel-Atlas
9
common
41
24%
15'/s
13%
83
>145
27Va
7
*69%
10
Marx—
of
Industries Inc—
Mfg Corp..
Hayes
19%
Jun
&
America
preferred
20 Va
5 Va
————-100
Schaffner
Corp
4%'«
6
.1
64% Jan.
Oct
Jun
61
'
145
Feb
149
Refrac
preferred
G'/'
Jan
Jan
4%
pfd—No par
com—No par
Co S4.25
A)
Hanna
20%
142
(M
3
23
—100
preferred
conv
107 Vi -Jan
2
18%
4%
40%
24%
*40 Va
24%
42
14%
17Va
Dec
12% Jan
26
15% Jan
5
5%
14%
*13%
Jun
47%
Jan
39% Jan
13
42Vi Feb
2
Hudson
Bay Mia & Sm Ltd—No par
41%
41%
41%
41%
41
41%
40
40%
40
40 Va
39%
40%
1,800
Feb
14%
Oct
13% Jan
3
15 Vi Jan
12
Hudson
Motor
12.50
14%
14%
14%
14%
14
14 "a
14%
14%
14 Va
14%
14%
14 Vi
21.100
9
Nov
11%
Jan
8% Jan
'12
10% Jan
3
.6.66%
9%
9%
10
10 Va
10%
10 %
10%
10%
10 Va
10%
10 »A
10 Va
3 500
8%
1% May
10 Va Jun
2%
Jan
1% Jan
3
2% Jan
11
2'/a
2%
2%
2%
2%
2%
2%
21A
2Va
2Va
2 Va
6,000
18%
Dec
—1
Refrigerator Co—No par
18%
17%
17%
1,200
8 Va
Jun
33%
17% Jan
Hussman
STOCKS
$ per share
.31%
Jun
22 '/a
Feb
73
Jun
100
95
Jun
96
20
Jun
25%
Jan
51 %
7%
•
21%
Dec
35 % Feb
Dec
34% Jan
25
39
Dec
92% Feb
10
98
Jan
94'% Jan
17
97
34 Va
Dec
34
Jan
37%
Nov
36% Jan
20
Jan
3
Jan
20
25
37% Jan
20
13
39% Feb
9
Indianapolis
Industria
51% Jan
5
Industrial
71
Feb
2
Ingersoll-Rand common-—
170
Jan
19
40 % Jan
9
53 Va
72Va
155
Jan
30
May
Dec
45
Feb
Oct
67% Jan
Apr
165
41%
163
Jan
Jan
38
Jan
26
Jun
18 Va
Jan
13% Jan
3
15
10%
Dec
10% Jan
27
11
Jan.
Apr
18%
Dec
16% Jan. 16
18% Jan
95 Va
Dec
92% Jan
31
95% Jan
2 V»
Jan
1% Jan
25
2 Va Jan
86 %
Jan
1
Jun
9%
Jun
•
13 Va
Jan
12% Jan
13
Jan
4
xl45%
Jan
22%
Jun
29%
Dec
26% Jan. 13
164%
Jan
180%
Dec
177% Feb, 10
234
Dec
212
73%
Feb
10
Dec
Jun
5%
24
6%
34%
Oct
32
Jan
4%%
10
Interlake
Harvester
1%
Jan
Jan
36
Int'l
84
Jan
86% Jan
6
Jan
Int'
Feb
23
4 r/t
Oct
6%
Dec
% Jan
14
International
31 Va
Jan
27% Jan
29% Jan
20
Int'l
Feb
132 % Feb
134% Jan
16
Preferred:
International
133
Dec
143
33%
Dec
37'/a
Dec
94
Jan
103%
Nov
71A
4% Nov
7
10
10
6% Jan
Feb
37% Feb
106 Va. Jan
33% Jan 25
104
12
$4
Int'l
Feb
5% Jan
Nov
71
Feb
49 % Jan
58% Feb
1
Jun
61
Feb
55 % Feb
57% Jan
9
41
Jan
46%
Oct
40% Feb
46% Jan
28
38%
Jun
57%
Jan
49l/a Jan
54% Feb
4
International
30% Aug
7% Jun
34
Jan
33
11 Va
Apr
14
20
Dec
18% Feb
July
Jan
Jan
6
3
13% Jan
14
9
20% Jan
9
13
9% Jan.
35
3174
8Va
8%
>166
38%
47
45
46
46
46
46 %
47
47
47%
2.500
69 "2
68%
69%
68
68%
68
68
68
69
2,100
171%
>166
171%
*166
171 %
>166
38%
39 Va
171% '
94%
*93'A
94%
*93 74
95
1%
l'/4
1%
174
2
13%
A—25
9TA
5
34%
com
100
1
*36
6%
10 Va
28%
23%
*132%
133%
132%
com
——7.50
No par
-
35%
*104
*6
loo
51%
...No par
*56%
*86
*6%
7
28%
100
34%
88
6%
6%
28 Va
28%
*132%
133
14%
178
97 a
10
35
*86
90
36%
'\5%
36%
106%
*104%
*6 Va
6 %
6
6%
6Va
57%
*56%
56%
56%
105
6
,
56 Va
57
57
58
58 %
v
56 'A
43%
45%
40%
54 Va
53%
7%
preferred—
-25
International Telep & Teleg—No par
*34%
_
20 Va Jan
4
22% Feb
9
Interstate
Nov
29% Jan
30
34% Feb
9
Inter type
24
Jun
32
Jan
27% Jan
5
29% Feb
7
Island
Aug
148
Feb
Jan
3
$6
7% Jan
Dept
Creek
:
Coal
preferred
10 Va
10 %
10%
23,000
35
34%
34%
8,900
90
:
12
>86
133
3674
105
90
88
*86
'
6%
674
28%
6%
674
28 Va
28%
>13274
36%
>104%
6
6
133
>132%
*
20,900
20
37'/a
37%
33.700
>104 74
37%
107
105 74
200
574
1,000
5%
6
57
56'A
55 %
55%
910
56
55%
56%
57 %
200
57%
>55
417«
42
42%
42%
52%
5274
52%
5274
35
6,600
1.500
53
117A
;
2A00
<
28 74
133
43
*34 V»
35
1174
12%
12
>00
10
100
35
35
12'A
12 74
1274
12
1274
48.200
18%
V800
35
>34%
5
19%
19 %
19 Va
19%
19
19
1874
1874
18%
18'4
No par
22%
22%
22%
22
%
22%
22%
22 %
22%
2274
2274
22%
22%
1,700
—No par
29 Va
30%
30%
30%
30'A
31 Va
31 Va
33%
33%
3474
33 %
3474
12.900
50c
28%
28%
28%
29
29%
29 %
28
29
28
28'/a
23 74
2874
2,700
140
140
139
Corp_^._
_
common
_
12%
*34%
35
*34'A
35
400
178%
18 %
Stores—
Corp
12%
177%
178
1
26,300
28%
41V4
54%
common—
1474
232
28
x52%
42
53 Va
*55 Va
2"2
28%
2,C00
23.800
34%
674
35 Va
106%
2
1474
1474
231
40
95
2
10
28 Va
>132'A
>94
•
28
3.000
18
17%-
2
400
10%
>10%
*
35%
28%
28%
133
229 Va
'
178
178
674
674
36
57
:
35%
>104
36
10574
1472
14%
23%
179%
1V8
-
229%
27 V4
974
36
*86
90
com—No par
14 V8
229 Va
28 Va
178%
179
34 %
:
230%
13 Va
229
28%
9%
lOVa
36
18
27%
14%
233%
54 Va
Aug
94 Va
94
43%
23
94 Va
94
Corp—*.
Utilities
18 74
*10%
18'a
45%
International
1074
18 Va
%
10%
13
_
Silver
*10%
18 Va
3 4
10%
232
1474
4,700
1074
14%
13%
12,500
14 74
14
18%
234
39 74
14
3874
14 %
14%
1%
V-
3874
>168
33%
10%
1%
171 %
39%
171%
X3874
39 V8
18%
class
Salt
38%
14%
173 Va
Canada
>366
39'/«
10%
179%
Sys
600
47
18%
13%
'09
8,500
<69
11 Va
>232
8
1
8%.
69 Vi
>178%
Chemical
8
-
47%
54%
34
141
31%
25
Jan
9
31%
8
8
8%
—No par
Feb
Feb
31 Vs
100
Internationa] Shoe
18%
139
31 Va
30
14%
preferred
24
136%
30%
*8
18 'A
Rys of Cent Amer com--No par
5%
29%
8%
14%
—'
Paper Co
International
29%
8%
27%
preferred
43
29%
8%
*10%
—
50
29%
27%
Mining
Nickel, of
8%
27%
preferred—
86%
Feb
8%
common—No par
&
Jun
874
1%
Hydro-Electric
3%
>55%
374
*93 Va
preferred
25%
.
55%
8%
1
Machines-—No par
Minerals
55%
374
14 %
No par
Business
Int'l
55%
8%
20
Iron
Int'l
55%
8%
Rubber—No par
Intercontinental
Feb
55%
;
5
—100
common
>55%
1,100
8%
>55
°no
p
8%
69 %
100
200
39 %
55%
55%
>47
No par
Corp
preferred-
29 % Jan
181
_1
Cons Copper-Ctfs Inc
36
38 71
*8 'A
No par
Co
Interchemical
10% Feb
9 % Jan
Steel
>35%
•
29%
A—
S
Insuranshares
11
14% Feb
235
Mex,
39 %
39%
101
39%
55%
1
De
Rayon—.
Inspiration
5
.
36
33 7 4
*9«%
8%
Power & Light—No par
Elcctrica
preferred.
Inland
12
Jan
Jan
12%
>35%
>35 'A
36 %
>92
55 Va
—50
„—5
19
Jun
36
39
10
55
101
35%
Jan
9
>99%
38%
31% Feb
Jan
101
35%
28 Va Jan
7
*99%
39
Sep
400
101
35 Va
Co
b.»*hO
9274
*99%
38%
RR
2,900
3«%
92%
101
35%
preferred
36 VH
3=578
95
39'/a
Terminal
36 Va
36%
*92%
36%
4.70%
36
95
38%
Illinois
36
36%
Shares
share
94%
36
35%
36%
36%
3674
94%
i
Sales for
the Week
$ per
share
26
37
*99%
101
$ per
$ per share
36%
36%
36%
*94
>35%
series
ctfs
9% Jan
Jan
;
97
36%
97
A——,,-1000
stock
8 % Feb
Dec
36%
37 %
Feb. 9
Feb. 8
share
Friday
Feb. 10
Thursday
Wednesday
1
Illinois Power Co common—No par
Jan
4
*94
$ per
$ per share
>17%
13
PRICES
SALE
HIGH
Feb. 7
>99%
lines
Leased
Nov
.
,1" 36 %
Y. 37
A—100
ser
10 Va
8%
3
pfd
AND
Tuesday
Feb. (i
t per share
I
commonM00
Co
conv
Monday
:
17%
18
100
•
RR
4
RR
non-cum
55 Vi
29 Va
11%
6%
„20
Co__
Power
Illinois Central
•
56% Jan.
Jan
LOW
Feb.
Jun
Jan
55
5
Jan
.
18
18%
18'A
18 %
Saturd**
Par
Idaho
37% Jan
8
r
2%
.
STOCK
YORK
$ per share
36%
33 Vi Mar
.
share
36%
Jun
4
$ per
13%
EXCHANGE
Highest
Lowest,
Highest
I per share
NEW
Range Since Jan. 1
Year 1949
*14
Hupp Corp
Range for Previous
Lowest
100
Car—
Hunt Foods Inc—_
4
18% Jan
13
preferred
non-cum
_
l
—
*140
141
*140
*140
141
141
139'
180
140
>138
'
2%
Jun
7%
Dec
6% Jan
13
11
Jacobs
11%
Jun
18%
Jan
14% Jan
5
16
Feb
1
Jaeger
81
Jan
94
Dec
92% Jan
25
94
Feb
1
Jersey Cent
44
Jan
59%
Oct
56'A Jan
3
62% Feb
10
95%
Jan
105%
Dec
Jan
3
106% Feb
1
50 Va
Dec
30%
101
Jun
Jun
Jun
29%
130
104
Feb
& Lt 47/
>9274
9374
6074
>106 Va
Johns Manville Corp .com.
3%%' preferred
61
>106 Va
107%
49 Va Jan
3
Jan
7
56
Feb
6
12%
2
109
Jan
20
_100
>10874
110
>
Jan
16
180
Jan
16
-100
>170
180
*170
27% Jan
13
31
Feb
1
9
FebJan
102
Feb
109
Dec
108% Feb
155
May
170
Dec
180
21
Jun
,
par
Jun
86
Jan
81% Jan
13
86
Feb
6
30 Va
Dec
40 Va Mar
30 Va Jan
13
34% Jan
30
8%
Jun
12%
Jan
10'/a Jan
3
11% Jan
10
94%
Jan
102
Aug
98% Jan
25
99 Va Jan
26
100%
Feb
105%
Nov
104% Jan
9
106% Jan
31
x34Va
Feb
49%
Dec
46 % Jan
12
49% Jan
5
Kansas
Jan
62%
Dec
59% Jan
26
63 Vi Feb
7
4%
14 Va July
17Vi
Nov
16 y8 Jan
-3
18% Feb
4
Kansas power &
10%
Jun
14%
Jan
12% Jan
26
13% Jan
9
Kayser
17%
Jun
23%
Dec
20 Va Jan
13
21% Jan
9
xl3Va
Jun
19%
Dec
16% Jan
30
18 Vi Jan
9
125 Va
47'A
>16
16%
94
93%
93 %
>83
93%
70
6HA
61 %
62 Va
62
62%
3,100
6 54
1574
1574
9374
93
93 V2
94
61%
61%
61'A
107 %
>106%
107 %
6%
47'A
47
46%
47Va
126%
125 Va
126%
•
>106 Va
46
107
6
>106%
46%
45%
6 Va
*106%
107
46'/a
4574
3,300
674
200
107
29.">00
45%
*
3
73
47 Va
100
6%
16%
6%
16%
6174
>9274
61
74
>16%
6%
>16
6%
16
16
132
48
Jan
_100
par
Pwr
674
6%
16%
3
121
Dec
33 Va
674
*16
par
9
45 Va
Dec
54 Va
1
Machine
5%
par
>55
30*4
12574
126
56
3074
«
*
110
180
125"
121
12374
1
121%
55
55
55
>109
10374
10874
>109
110
>109
110
180
>170
180
180
180
55%
-
7,900
1,200
110
55%
55
>170
121
55
55%
56
56
103%
1233A
:
10
10
>170
30 %
3074
30%
30%
30 Va
3074
3014
30%
29 34
30 Va
17,300
890
100
8474
85
85
86
£5%
85%
85 %
85 %
84%
85
34 %
84 Va
1
33%
3374
3374
3374
33%
33%
33
33%
3274
33%
327a
33
-10
>1074
11
10 7
1074
>1074
1034
1034
10%
10%
10%
—
5,800
K
Kansas
52
For
footnote*
see
page
24
3.80Vc
4%
City
-100
*9974
101
>9974
101
>9974
101
-100
*10574
107
>105%
107
>10574
107
par
4874
48 3 4
43:%
49
43%
43 %
preferred
100
62%
6274
*6374
65
63
63%
Light Co
3.75
13 V4
•18%
17%
18%
1774
18'A
1774
18%
1274
12%
127-2
12%
13
13
12%
13
2174
21 %
2174
21 %
21 %
>21%
17%
17%
13
*17%
17%
17%
preferred
cum
r
—
preferred
City
s
*10%
1074
-
909
Power & Lt Co—
Southern
non-cum
(Julius)
& Co
-
com—b
conu
-
\-l
>21
17 %
>99
>104 %
47%
>62
101
107
>99
101
>10474
107
47%
48
43 3 4
>99
101
>10474
107
47%
48
>62%
64
3,2r 0
200
64 74
18
18 74
17%
18%
10.000
12%
13
12%
12%
1,300
21 %
21 %
21%
21%
21%
700
17%
>17%
17%
17%
17%
£00
64
>62 74
*
Volume
171
Number 4881
THE
COMMERCIAL
Range for Previous
Range Since Jan.
Highest
$ per share
Lowest
•
$ per share
$ per share
Jun
56%
Jan
39
50'/a; Jan
48%
Nov
45 'A Jan
12
Feb
16%
Nov
l5Va Jan
3
Jun
25%
Dec
Jun
107%
Dec
10'%
25%
Jun
16'A
72%
Dec
Jun
31%
90% Aug
x35%
Jan
106
Dec
Mar
62
24
Jan
Jan
47 Vi
6
110% Feb"
4
16% Feb
8
18
14
71%. Feb
31
13
Feb
2
98
Jan
93 % Jan
9
95% Jan
40'A Jan
27
42% Jan
Feb
62%
Dec
59% Feb
7
62
Jan
Jan
60%
Dec
59Va Jan
16
61
Jan
4%
Jan
3'/a
8
Jun
Jan
9%
43
19%
47
4
Kress
Kroger Co
6% Feb
7
7% Jan
3
3% Jan
3
4% Jan
12
4
22% Feb
6
xl0% Feb
10
12% Jan
9
Oct
46
Jan
25
47% Jan
(S
Laclede
La
H)
Gas
Lane-Bryant
25
4%%
Jan
22% Jari
19
25% Feb
4
Dec
40% Jan
44% Feb
8
Lee
20
Jan
3
23% Jan
9
Lees
94
Jan
98
May
24
11%
Jan
7% Jan
Dec
44% Jan
Jun
1%
Jun
4%
Jan
56%
Dec
8%
Feb
20 Va
Feb
44%
Jan
6%
Jun
11%
17
4
54
Jan
64
22% Jan
23
3
8
8% Jan
37% Jan
89% Jan
3
11
185% Jan
25
170
Feb
186
Sep
33
Jun
49
Dec
Jun
Jun
19
182
Jan, 17
Oct
Feb
14 Va
Jan
25 Va
76
Jun
15%
Dec
23% Jan
18% Aug
Jun
25%
13
16% Jan
Dec
Oct
22% Jan
6
Jan
127%
Dec
25% Jan
27
Jan
19%
153
172 Va
Dec
170% Feb
7
3Q% Jan
11
Jan
,23%
32
41 %
31% May
20% Jun
95
15
•
Jan
Jun
21 %
6
Jan
,9
24% Feb
27% Jan
174:
.
6
3
40% Jan
3
27%
Jan
25
Va
98
Mar
18% Jan.
.'
19
24
99% Jan
3
5
'
Star
i per share
47'%
*46'%
25 %
25
25'/a
43%
43%
43%
44'/a
44%,
!
22 Va
5
'/a
64
25
7%
36 Va
*36 %
86 Va
'
ilOO
_No par
51%
30'%
79
*77%
25'%
17%
24'A
per share
NEW
Highest
S per share
•'
'
YORK
1
56
56
56
10%
10%
10%
10%
900
23%
23%
23%
23%
23 Va
6.000
63'A
03%
23%
63'A
23%
63%
63%
63 VA
63%
5,500
6,100
7%
7%
7%
35%
35%
36
x85'%
86'A
184'%
J 84'%
36
19%
19'%
*6
86%
185
52
173
7%
7%
7%
36'/a
*35'%
36'%
700
8(5'A
86%
86%
86%
4,200
*50
64%
30
30'A
30
18%
19'/a
lo Va
8%
*77
78%
'/a
78%
77%
25%
25%
17%
17
17'A
78
78%
25,200
64
30'/a
8,000
18%
2.400
*73%
77%
26'%
27'A
17
17 Va
78'%
78%
.
-
78
78'A
24'A
23%
23%
24
24
24 %
24'A
3,000
26%
26%
26 Va
26%
27
26%
26'/a
3,300
170'%
170%
*170%
172
*170%
33'A
33 '/4
32%
32%
33
33'%
2/.0C
38'A
38%
38%
38%
38'A
38%
6,100
4
170%
172
33%
38 «A
38%
25%
'
'
26'
25%
100
"99
19%
.
25%
99
19'A
78%
25%
99
100
*19
19 'A
19 'A
78'%
25'/a
25%
*98'%
172
25'%
99
19'A
*98'%
pur
AND
HIGH
.Tuesday
.
Feb. 0
$ per share
160
25 Va
1,700
99
19'A
19'%
9,500
10
19 %
900
*
4
Monday
Feb, 4
24,900
24
33 Va
1
,
100
27,100
•
26%
•
•
700
30
Xl8%
27
17'/a
800
9%
64
77%
25'A
440
51%
8%
30%
25%
184
51
ry
.17%
17'A
38%
19%
8%
*63'%
184
51'%
8%
30'%'
33%
25%
184
51%
8%
19
25
173
*99
184
51%
64
'/a
Saturday
400
2.600
'/a
64
38%
'
>
1,500
6'A
7%
63'%
tow
STOCK
EXCHANGE
$ per share
55%
*77.
-26%
STOCKS
Lowest
6,400
11
30'/a
24%
26'%
19%
3,700
55%
•
25%
5%
2 Va
2
55%
.
18%
-78%
78%
100
5
2 Va
600
*10'%
33
19%
5 Va
2
_
46
55'%
10%
38%
25%
5
2 Va
*43%
6.800
6'A
33,%
*99
;
5
45%
1,300
Va
8
6 V4
33
»
45%
8
6'A
38 'A
r
Nashville—_1_____1..50
46
8%
-17%
173
97
63 %
25%
17'/a
24"A
22 Va
*95'%
8 Va
8%
79
25%
26%
X22'%
97
6'A
*50
'A
17%
24
22%
8
6'A
7-%
19
26%
1,000
19 '/a
36
31
18%
*171
1,700
44'%
8 Va
2
50
25'A
*43%
*19'A
8%
19
'
48
25
44
23%
51%
.8%
31%
;
preferred-.
____.2_——100
Louisville Gas & E!ec Co
(Ky)-Np'par
*47
25'A
44
19%
85%
78%
48
5
2'%
19'%
*183%
63'%
78 Va
*46%
*25
400
63
25%
«
48
22%
5'/a
87
64
'*77%
1
par
1,700
1
64%
*18%
11 Va
4
19%
7%
31
...No par
xlOVe
*95%
2
185
8%
11%
23
*18%
86'%
52
8%
1,600
*11
97
5
-
37
*64
:
22 Va
25'A
46
184'%
183%
52
u_J___5
t__l__.No
87
183'/a
.No par
Corp____t
.
7%
*3'%
22'/a
*22 »A
46
6%
4'A
22%
8
2'/a
.6%
*3%
22'A
.
*95'%
8 Va
46
*
4
97
8
•
5
2
4
22'A
*95%
8'A
46
36 %
___5
...
com.
Cement
&
22'%
97
46
7%
7%
vRiuige Since Jan., 1 /
Highest
1
*46 Va
25'%
.
!
Year 1949
47'%
25
6%
11%
23%
Aircraft
Range for Previous
Rawest
„
11'A
23%
.
Lowenstein. (M). & Sons Inc com__1
iVt'/o preferred series A
_ll00
Lukens Steel Co._
1_10
20% Jan x18
11'A
64
Inc—LL__
Louisville
Jan ^28
11 %
63
23%:
6% >
11'%
5'A
63%
1
par
Corp____j.No par
Long Bell Lumber (Md) A___No par
"Lorillard "(P) Co comraon.l
1__10
33% Feb ." 3
Jan
24
Lone
3
Jan
34% Jan
25% -Sep
100
Oct
Jan
'
Dec
Loew.'s
80
19,500
60'A
22%
23'%
Corp__.u__l__.No
Co_l._____i.__
Lockheed
18% Jan
13
6Vs
6%
40%
X58'%
22%
4
10%
Co...-.
27'A Febi10
3
Jan
75
1,900
6%
55
Liquid Carbonic Corp ic0m__.N0 par
3%'A -convertible preferred!-! 100
,
1,500
60%
:
22%
10%
9
79,
4,600
58%
59%
4
55%
31
13
41%
58%
6%.
-55'A
Jan
3
Jan
41
58%
•42
22'%
*10%
21 % Jan
17% Jan
73
41%
61
60%
10%
Lion. Oil
Dec
320
41%
*10Va
7
Jan
6,100
60
55%
31% Jan
17%
30 Va
94%
60%
55%
10
78
29%
94%
*6
11
Jun
30'%
94%
59'%
8 '/a
80
29%
94 %
40%
22%
190
600
70%
29%
61
*95%
*70
16
94%
3%
22%
69%
69%
16
29'%
59%
7
16'%
94 %
61
6'A
5
*16
29 %
41 'A
6%
Products....
70%
110
94'%
29 Va
"SO 1
6%
*
16%
*69%
71
*6%
i__-il.-i.__l
16%
59 'A
.43%
97
5'A
*110
16'%
19%
9% Feb
Jun
110'%
19%
66% Jan
13
110%
2%
26
29% Jan
110
19 Va
Life :Savers Corp.—
Lime- Belt
7.0C0
112
112
2
Liggett & Myers Tobacco
7%
preferred
Lily ,Tulip Cup Corp.t.
Lima-Hamilton Corp L_i
2
2 7'A
*19
25
13%
16 VIB
52% Feb
27 %
___1
com..
Libbey Owens Ford Glass—No par
Libby McNeill & Libby._2__7
6
27%
preferred—No par
2nd pfd...
No par
1st
8% Jan
65%
X60
11
.
2,200
27
74
22%
46%
62% Jan
Dec
33%
Jan
45
10% Jan
x67
Jun
-
Jan
46%
Lemer Stores
18
27
35% Feb
52%
9
65% Jan
83
XG%
24% Jan
3
Oct
25
Lehn & Fink
17'A
59%
8'A
Lei.man-Corp (The)..'
10
27
91'%
8Va
5Cc non-cum
7V» Jan
37% July
22%
*95%
$3; noh-cum
11
17'A
*46
47'/a
.No par
17'A
42Va
11%
43 Va
%
3
common
*17
3%
25 Va
42
5
Lehigh Valley RR.:
Lehigh Valley Coal
10
61% Jan
Apr
Tire
10
30
11% Jan
47Va
25 %
.
100
30
Dec
34%
.
50
17%
27
22%
11%
3,300
17
26%
61
6%
15,400
17%
69%
4
11%
•
29%
6%
Shares
54'A
46%
27
*110
94
42
53%
X46
7'/a
17 '/a
(30 %
•
22'A
cumulative preferred
Jan
8% Mar
Jun
7°%
.
11
57 V4 Jan
<3%
*3%
__1
&
6%,Jan
13
10% Jan
Sep
21/
%
*21 Va
.No par
(James) & Sons Co
3.85%
7
2'A Jan
4
Dec
26%
3
Jan
5% Jan
10
5% Jan
"
29 Va
61
Lehigh Coal & Navigation Co
Lehigh Portland Cement
31
50% Jan
3
1% Jan
Jan
8%
Jun
4% Jan
Jan
24%
Jun
x41%
Jan
3
; Jun
15
,
5%
Jan
8% Jan
27
3%
96
3
49%
Rubber
42
59
___4
4
$ per share
54 Va
46%
71
59%
*60
No par
53%
47 Va
71%
*41%
t
.
53%
Sales for
the Week
26%
112
94
$ per share
47
71%
"4
Friday
Feb. JO
Feb. 9
share
53
71 Va
30
$ per
46%
*16
95
Thursday
Feb. 8
54
16%
30
'
46%
16%
*94
t
.
"110
PRICES
Wednesday
53%
*
17
71%
pfd—75 Pesos Mex
Lane-Wells, Co.'
25
Jan
110%
*16%
.1
10
preferred
26 %
110%
No par
common.-
22%
Jun
17%
27'A
.uNo par
(The)
45 %
Jan
17 Ve
27
10
Light Co
Co
Jan
Jun
17'A
27
100
Consolid 6%
Lambert
Jun
6'%
17%
26%
No par
Co__.;
Jun
90 %
47
-
SALE
$ per share
54'/a
46%
common.
&
16%
33%
54 Vb
46%
1
(The).
37
v
54 %
46%
S S) Uo___
(
5
21% Jan
54 Va
5
preferred
Kresge
5
Dec
11%-Dec
Jan
i
Oct
1
Jan
6'
22%
Jun
Koppers Co Inc
6
,48%
par
HIGH
Feb. 7
$ per share
par
par
AND
(667)
Tuesday
Feb. 6
•$ per share
100
$5 prior preferred
30
Dec
Monday
FebU
4% conv 2nd preferred
Kinney (G R) Co common
6
.43
17%
Saturday
Kennecott Copper
No
Kern County Land Co
Keystone Steel & Wire Co_„No
Kimberly-Clarke Corp com
No
8
19
43
,■
Feb
LOW
STOCK
Par
30
Feb
27% Feb
_
28% Jan
YORK
EXCHANGE
18% Jan
4
69 V2 Jan
Jan
55
13
15 '% Jan
NEW
$ per share,
3
Jun
11 Va
17'A
1
Highest
40
90
CHRONICLE
STOCKS
iYear 1949
Lowest
FINANCIAL
Wednesday
Feb. 7
$ per share
■
V
SALE PRICES
/
Thursday
Feb. 8
$ per share
$ per
Feb
.
Friday
9
share
Sales fer
Feb".10
„
S per share
the Week
t per share
Shares
M
9%
.31%
Jun
14%
42
Oct
Jun
27%
Jun
95%
Jan
15%
.
7"
25
Jan
15% Jan
13
19%
525
Feb
6 Va
95
Dec
10%
540
11
18%
25
Dec
Jan
Apr
Jan
Jan
9% Jan
11
18
Jan
25
18
Feb
10
Jan
7%
3
8%
Dec
8% Jan
18% Jan
4
24%
Dec
23% Jan
Va
Jan
104
'.Dec
7%
Jun
12
Apr
10%
Feb
13%
Jan
.Dec
11%
59
Jun
Feb
38
Marine
St
3
103% Feb
Jan
13
11% Jan
13% Jan
11
56
13
14% Feb.
47%
Aug
Marshall Field
6
6
Jan
179
10
175
Jan
8
13
Feb
3
6
4 'A %
(Glenn
63% Feb
3
16% Jan
9
Master
1
Mathjeson
178
-
Feb
Jan
Masonite
18
7'/o
Jun
49
Dec
46% Jan
30
Jan
98%
Dec
98 % Jan
18
100
Jan
12
Jan
98
Dec
97% Jan
4
100
Jan
30
Feb
88
$3.75 cum
Dec
87
Jan
10
89% Jan
21
Jun
12 %
$3.40
Dec
11% Jan
3
14% Feb
42% Jan
80
7%
30
May
45
Dec
110
Jan
113
.Sep
19% Mar
25
Jan
30 % Mar
36 %
Dec
50
Feb
9
May
Dept
$3.75
9
Maytag
Co
46
Feb
7
$3
112
Jan
20
$6
1st
21% Feb
6
243a Jan
11
McCall
33% Jan
7%
2 7'A
27%
'
9'/4
40
13,500
11%
11'%
11'%
11%
,11%
11%
11%
11'%
11%
2,200
60'A
60
60'%
62'%
_i._l
Corp—No
'
100
62'%
61
62
pfd_
175
*15
15'A
14%
15
*14%
15'A
15
15'%
1,100
52
52%
51%
52 »A
51%
52'A
52
52'%
4,600
176'%
*175
176'%
176'%
176'%
176'%
*175
175
*175
48'A
48 'A
48%
49%
49 Va
49'%
49%
99%
*98'%
99%
*98'%
99%
*98'%
99%
*98'%
*99
99'%
98'A
99
98
99
*98'%
99'%
*99
*88
89
89
89
*89
90
*89
90
No par
preference
13'%
*43'%
49
v
13%
13%
14
13%
14
14
14%
45
45%
46
46
46
46
*46
*111
112
112
*112
113
*112
No par
*111
112
No par
22
22
21%
112
22%
41%
30%
Jan
McGraw-Hill
*31'%
31%
*31'%
31%
Jan
41V4
Dec
38% Jan
13
92 %
May
102%
Dec
99% Jan
25
Dec
23% Jan
23
Publishing—
Mclntyie Porcupine Mines
9
McLellan-Stores
McQuay Ncrris Mfg Co
Mead
Corp common—
3
16
Jan
17% Jan
14
23 3
34 %
4
Jun
10
27% Jan
9
3
12% Jan
12
Jan
42
34%
Jun
49
12%
Jun
15% July
8% Jan
90
Jan
18
July
30%
Jun
97%
Jan
105%
Oct
99
130%
23 %
40
104%
Dec
Dec
Jan
13
44
Jan
16
15
Jan
11
7% Feb
7
7% Jan
3
39% Jan
13
96% Jan
30
Jan
120
Jan
X20% Jan
17
25
3
109% Jan
Jan
13
Jan
3
Oct
39% Jan
25
14%
Jun
13%
Jun
18%
Dec
34
Dec
139% Mar
17% Jan
3
28% Jan
13
131
Jan
5
3
12%
Jan
11 % Jan
7 %
Jun
12
Jan
10% Jan
43 Va
Feb
63%
Nov
61
10%
Mar
101
Nov
Jun
101
Dec
Jan
108
pec
24%
14%
14%
900
1.6'%
16%
16%
1,100
100
*88
90
*88
90
90
90
*88
50
90
90
89'%
90
*34
36
*34
36
34
34 Va
*34'A
26
25%
25%
25'A
preferred
Co
(The)
11%
11%
12'A
*42
43
43
43
*14%
15
14 %
14%
14%
*7'A
8
7%
7%
7%
42%
4 3'A
Inc
preferred—50
Co
Inc..
50c
common.—
Jan
10
103% Feb
11
103
10
2
%
14%
Jan
13
Feb
Jun
80
Feb
76
Feb
19
34.
Jan
10
Jan
108 Va Jan
5
15% Jan
9
81
6
Jan
22 % Jan
10
24'A
38'A
■58
38'A
3.90/«
pfd. 100
*104'A
Prod
Inc
Marie
84
—
preferred
81.50
1st
2nd
*7'%
7%
300
43%
97
129'A
43
43'%
97
*95
129
129'A
42'%
43
*95
97
*128
129
24%
24%
24%
24%
24%
4,600
37%
37%
38
38
38
38'A
1,200
105
105
*104'%
105
110
*108%
110
13%
13%
13%
10
41'%
41'%
40%
41%
40
40%
40%
40%
40%
41
-
72 V2
72'%
19 Vb
18%
19
18%
preferred
19%
36,300
31%
2.500
19'A
31%
30'/a
31
*136'%
138
136'%
138
13'A
12%
13
12%
13
12%
13
12%
13
1,200
11
10%
10%
10'%
10%
10%
10%
10%
11'A
2,000
72'%
*13
10%
71%
72%
72'%
72'%
71'%
103
103
100
*99 "A
99'%
98'%
*106'%
106%
106%
106'%
*106 %
106'%
106 Va
103
103
,
72'%
103
99
106'%
13%
13%
13%
13%
13%
13%
13%
77%
77%
77%
76%
78
77%
79
21
20 %
20'A
20 Va
20%
21
2,900
136'%
103
*20'%
40%
30%
100
25
x40 'A
136'%
103
„
2.800
31%
100
13%
19'/a
31%
20
13%
136'%
99%
77%
18%
390
13%
31'%
102'%
J
19
*108'%
136'%
No par
100
270
24%
38
105
18%
5,600
25
110
19
43
97
128'%
37%
*13%
31'%
42%
6QR
*127'%
24%
'%
*108'%
common
preferred
conv
7%
No par
common
Minncapolis-Molms Co
85.50
*7'%
*104'%
Regul common
3
pfd series A
—100
Mfg
7%
13%
11 "a
3:
1,600
*7'%
7%
105
11'/a
conv
14%
110
No par
Min
50
14'%
13%
13'%
3.20%
43%
x
104'/4
13%
Minn
11%
*42'A
14%
*108'%
Minn-Honeywell
f
11%
43'%
14%
12
14
No par
SS
11%
*42'A
14%
105
138
3,700
11%
43'%.
12
110
18%
200
4,500
*14%
13%
31'%
170
35%
25 Va
*42'A
12'A
*108'%
No par
25
15
14%
common—
*34%
300
43'%
108'%
136'%
&
25'%
14'%
5
P
25
128'%
36'A
25'%
108'%
1st preferred
St
105
43
*95
97
129'%
*34%
;5
_______
105
*95
12
*43'A
35
25'%
;__10o
<.
Minn
10
Jan
98
25
*24'A
Minneap 3s St Louis Ry
10
99
*128%
100
8%
12
106% Feb
97
130
5
Utilities
Steel
43'%
*95
*129
No par
preferred series.!
South
Midland
17
73 % Feb
Scott
Copper
Middle
6
14% Jan
3s
43'A
No par
No par
Co
Edison
Mid-Continent Petroleum
10
11% Jan
Jun
4,35%
10
Feb
4
Jun
Nov
19 % Feb
31% Feb
139
Machine
Miami
9
13
1«%
foolllbke*
Jan
11%
25%
Transp Co„....No par
Min
Metropolitan
26'%
3%
1st
Stores
Co
26'%
1
common
convertible
3s
11st series)
$3.50 preferred
$4 conv 2nd preferred
14% Jan 11
43
Jan
67%
22V4
*24'A
14'A
16'%
Merck 3s
9
Feb
14%
48
66%
24%
14'A
16%
Mesta
108% Feb
110%
Jun
87
24%
14'A
Merch
9
Jun
104
25
5%
20
8%
700
2,700
14 Va
Merritt-Chapman
Jan
40
56
42%
102
25
1
105% Jan
*101
*16'%
25% Feb
7
42
102
16%
Mercantile
3
13
42
*100'%
42 Va
240
200
14'%
3
37% Feb
56
55'%
41 %
102
31%
1,300
3,200
25'A
18
103% Jan
*31
48
2,800
16%
Jan
Dec
*55
31%
35
*14'A
129% Feb
Dec
37%
124% July
10% Aug
43% Feb
98
55
55
42
*100'%
48
48
22'A
103'A
30
*25
_
Dec
55'%
41%
101
*31
*103
113
16%
Mengel
12
14% Jan
31'%
34%
35
700
14%
4'A 'U
Feb
31 Va
21%
22'A
103'A
7.200
25
4v)
Jan
31%
47'%
*112
oO
14%
47%
16%
12
11
1C5 % May
*24%
55'%
41'%
*100
47
113
"46'A
14%
24
25
43%
41%
101'%
46%
14
14'%
47'%
25
Jan
Jan
Apr
41'%
*99'%
47'%
34%
103'A
280
89
14%
36% Jan
Dec
27
41%
101'%
*31'%
35
99
*88'%
16%
91
13%
22%
103'4
x98%
25
6
27
55'%
41%
*99'%
47
34%
*103
20
99%
89
5,500
14%
5
Jun
34%
103%
99
*16%
32% Jan
Jan
55%
34%,
103'%
49'A
X99
_10
Oct
7%
56
35
103
.18
Co
22'A
22'A
90
x49'A
99%
/No par
Jan
20 Va
7%; Mar
preferred
22%
177
50
2nd preferred (1st series)—50
Melville Shoe Corp—'
—1
9
3
*55'%
34%
103
—1
26 % Jan
14% Jan
.5
35
No par
17
22'A
14'A
'
35
No par
& Robbins Inc corn
Jan
89
45
47'%
13% Jan
*175
48%
*98'%
No par
1,600
15%
_5
1947 series__No par
12,100
53'%
No par
common
27%
15%
47'%
82
60'A
60'A
27
52%
47'%
Jan
xGO'A
27'%
105
15
47%
Nov
61
*103%
53'%
32% Jan
17% Mar
61
26%
26%
105
"
15
*53
par
14
17 V8
23,000
19'A
11'A
30% Jan
93 Va
9,800
9%
*19
12%
Apr
Jun
27%
•9'A
19'4
12'A
34
12% July
6,500
27%
9%
7%
11 Va
Feb
70 Va May
*19
200
1,000
7 'A
103%
24
x!3
27'%
9 '/a
9'A
19'A
2.600
10%
102%
25
27'A
27
*
9'A
.*19
8%
18'A
103%
102%
Feb
7%
18
11 Va
McCrory Stores Corp common.—1
19%
7%
8%
18%
10%
3%% convertible preferred—_ 100
MeGraw Electric Co
1
$4
"18'A
7%
x27
;
9'A
19'A
9
18%
*18,'A
7%
10%
Corp
McKesson
9'/b
*19
*8%
9
*8%
,
10'A
11
3
8
26'%
18
10
551
8
*103%
35 '% Jan
Jan
18
*540
8'A
26%
48
42% Feb
18
551
*8
10%
103% Jan
58
75,600
16%
*530
8'A
104'%
5
101
19%
16%
551
8
26%
27
25
1,500
10'A
26
53% Jan
16%
*103%
Jan
Nov
16%
10'%
43% Jan
60%
16%
26%
Dec
3
16%
103%
45 %
17
16%
10'A
Jan
Jan
3,500
26%
103%
.
Jun
101
10%
26%
29%
Dec
10'%
16'A
7%
90
100
10'%
10%
i
No par
cum
4.100
10'%
103%
preferred
3
7%
19'A
500
9.500
26'%
common—
13
9
27'%
104%
.
10'A
*530
19
9%
13
32'A
10%
^
cumulative
Jan
111
*8'%
*19
12%
31'%
104%
.31%
104
10%
8'%
*18'A
9'A
19'A
13
500
600
*16'A
.
16%
551
8%
19'A
26'%
,26'%
9
138'%
*103 Vb
preferred
pfd
9
*8%
*136%
•
'
8%
7%
*19
__No par
Co
Stores
16%
*530
1
39'%
'
*18'A
.
8
.
16%
551
8'%
31%
104
12:%
39'%
ll
preferred
89
16%
*530
8%
12%
31%
105 'A
138'%
"12%
__No par
Chemical
89
16%
40
*136%
'"12%
12%
3134
12%'
*35
3 00
:
Co_:_
Corp
Electric
16%
7%
Co com—No par
L)
16%
—1_1
Martin-Parry Corp
54
!
&
16'%
551
26 V2
.
*104
*
"12%
?
138'%
.
104%
16'%
9>A
!
*136%
10'A
8%*.
"_5
32
13
•
39'%
12%
"31 %
104%
:
39'%
*
12%
.
10
19'A
preferred
Martin
I6V4
-6.25
32
105'A
16%
*16 Vt
*530
pl'd—100
13
31%
*104
10%
*8%
Corp
6% prior
Ry
*136%
10
,*,i8'A
.l__1
Corp
12%
39'%
138'%
10
—__No par
Midland
Market
Jan
Dec
:
Exploration
5
Va
19'%
Oil
7
9%
48
34% July
170
A
__50
12%
38%
138'%
12%
i—_—__5
j;_
Manhattan Shirt
Marathon
•
Co———1.1———1
Bros
Maracaibo
10
u_—~i__l_10
Copper
9
27% Feb
13
31%
105'A
9 3 8 Feb
Jan
40'%
*136%
138%
12%
series
12%
41
»12%
,
31%
27% Feb
19-
41%
*136%
_____5
i___
13
*41
*104%
Mandel
9
11% Feb
102
Inc
Manati .'Sugar
11
i
25
Jan
39% -Jun
Jan
8% Jan
3
Oct
19
*12%.
Co Inc com—__No par
Magnavox Co (The)—.
lvj.iu.onmg Coal RR Co.i
7
10
H)
preferred
Maema
9
9
____5
common__10
A—1—100
Madison Square-Garden—1N0 par
10
550
18 Va
•
19% Feb
1
<R
4'A'%
9
3
Trucks
Macy
12
17 Va Jan
Forbes
&
preferred——t——i__-:100
Mack
9
10% Jan
M Wood Working. Co
(j'/o
20
25
Apr
.
Jan
Jan
&
MacAndrews
Jan .17
105
8% Feb
Dec
10%
14 ■'
V 32% Jan
*
Feb
Dec
Jun
2
18
7% Jan
9% Aug
,16% Mar
19%
Jan
Feb
.17'A ■Jun
1
5
9% Jan
Mar
.15'A
6%
Feb
Jan
31%
xl03
M
24
41% Feb
12% Jan; 3
Jan
'20
13% Jan
138% Jan
23
13:
Jun
6%
Jan
Dec
Jun
430
Jan
33% Jan
Jun
5
136.
104 %
8 % July
10%
12% Jan 13
38% Jan" 3
Dec
139
9%
•
Oct
Apr
Jan
131
*20 "4
31
31%
138
72'A
139
73'A
180
1,900
72%
103'%
103
103'%
1,020
*97'%
98 %
"98
93%
1.200
106'A
106'A
*103
106'A
106'A
60
13%
13
13'%
10,000
*79
80
78'%
79
20
20
19%
20%
13%
520
1,000
10
20
Lowest
Highest
Jun
54%
Jan
46% Jan
25
7 Yz
Jun
10%
Oct
9% Jan
3
3%
Jun
15%
Jun
5%
Aug
4
Jan
32
35
Jun
9
Jan
21% Jan
6
Jun
25
Jan
25% Mar
3% Aug
12%
y« Feb
Jan
liy« Jan
Dec
6
3
Jan
6
Mission
Mission
Development Co
5% Jan
T/o
27
Jan
9
35
13
12% Feb
Mohawk
Mojud
8
101%
103%
25%
13,300
4%
4'A
4%
4'A
4'A
3,500
33%
*32%
32%
33'A
12
12%
11%
33'A
11%
12
12
26
60%
*118
*25%
26
59%
60%
*118
122
114
114
13%
13%
58%
59
*25%
25%
25%
25%
25%
26
25%
25%
59%
7
3
53% Mar
54% Jan
3
59
3
Montgomery Ward & Co
Jun
Feb
Machine Tool
Chemical Co
Jan
13%
Dec
13% Jan
13
15% Feb
6
Jun
23
Jan
18
Jan
11
20% Jan
18
Morrell
14
Jun
to Oi £
Dec
23% Jan
3
35% Feb
10
Products
Motor
Jun
27%
Dec
26% Jan
3
30% Jan
7
15%
Juh
23%
Dec
21% Jan
3
23% Jan
18
11%
Jun
17%
Jan
15'A Jan
3
17% Jan
7
Mueller
x9%
Jun
14%
Jan
12 Vt Jan
13
14% Feb
9
58%
33%
lO&ya
10
112'/a Mar
114'/a
113%
113%
113V2
800
13%
13 'A
13%
13%
13%
13%
13%
3,900
58
58 %
58
58'A
58
58%
58
58%
14,500
12,600
15
19%
19%
34'A
•19
33 %
15
14%
15
15
15
19%
14%
14%
33
19%
19%
19%
20
34'A
34 J/2
35%
35
35%
28%
28%
2,500
1,300
800
20,900
27%
28%
28%
28%
28'%
28%
23%
23%
23%
23%
23%
x23
23%
15%
15%
16
ley.
15%
15%
*15%
16
900
13%
14
*9%
9%
52
52
*111% 112%
15%
15%
*36%
37
*45
46
13%
13%
9%
13%
13%
13%
141/a
14
14'A
13%
14
10,600
10%
*10%I
10%
10'A
10'A
10 'A
10'A
800
1,200
18% Jan
12
Nash-Kelvinator Corp
38
31
Nashville Chatt <fc St Louis
43
*
13%
23%
13
Jan
16% Feb 10
114%
800
117%
15%
9
51
July
Jan 23
112
112 Yz
*
6,100
117'/2
28%
23%
10
41
3
114
600
59
58%
59 Yt
121
15%
45% Feb
Oct
4
114
59 J/s
*118
27%
23%
38% Feb
15
Dec
39
Feb
119%
118%
15*%
13
110% Jan
15%
30% Mar
10% Jan 12
52
59%
118'/a
28%
23%
Jan
12
x59%
15%
36% Jan
2
49% Jan
60%
300
2,300
28%
*23%
13
9% Feb
Dec
Jun
.—
13
Jan
50%
34
25%
1
-—
Co
Jan
11
Feb
Oct
Brass
19%
34%
25%
25%
119%
15%
19%
34%
15
20
25
5
No par
Corp.
Motor Wheel Corp
„
15%
14%
*19%
Mfg Corp
-1
Munsingwear Inc
5
Murphy Co (G C) common
1
4%%
preferred——
100
Murray Corp of America com
10
4%
preferred
50
Myers (F E) & Bros—
No par
Dec
9
38%
59
5
Mullins
16%
,
13%
3
&
26
13%
Co———No par
Motorola Inc
(John)
26
60%
123
*113% 114%
TNopar
Moore-McCormick Lines—
10%
16%
25'A
4%
*32%
28
47%
25%
4%
33%
11%
13% Feb
14 V*
/ 25 %
4%
*32%
11%
119% Feb
113
4,900
33%
12
115% Jan
114%
Jun
Jan
7,000
5'A
'32%
11%
4
Jun
10
10%
5'A
33%
11%
9
Monsanto
3
IOVs
5%
*32%
11%
13
Monarch
60% Feb
4,200
10%
5'A
.-20
—1.25
Mills——
Co Iuc
12% Jan
26% Jan 10
13
10
/
4%
110% Jan
13
54% Jan
5%
48%
4%
112y2 Jan
24% Jan
Dec
10%
5%
48 VA
4%
Dec
Nov
57%
10%
5%
49
5%
Dec
26%
10%
5%
Shares
48 »A
4'A
Dec
Jan
Jan
49
25%
_Nopar
com——5
$3.25 conv pld series A—No par
$4 conv pfd series B ——No par
Montana-Dakota Utilities Co
5
21%
45%
49
10%
5%
49%
_100
con
Carpet
Hosiery
49
25%
the Week
pfd.lOo
preferred series A—
Missouri Pacific RR 5%
10
share
No par
Mo-Kan-Texas RR com.
12
27% Jan 27
3
10
10%
5%
Sale* for
Fek1.10
S per share
Thursday
Feb. 8
X per
t per share
50%
10%
50
10%
5%
25%
Friday
Feb. 9
t per share
Wednesday
Feb. 7
t per share
49%
48%
10 '/2
10
5
Corp
1
50% Feb
10% Feb
PRICES
SALE
Tuesday
Monday
Feb.«
X per share
Par
X per share
$ per share
$ per share
share
EXCHANGE
Highest
38%
Saturday
Feb. 4
STOCK
NEW YORK
Range Since Jam, 1
Year1949
$ per
LOW AND HIGH
STOCKS
Range tor Preriou.
Lowest
RECORD
STOCK
YORK
NEW
Monday, February 13, 1950
FINANCIAL CHRONICLE
&
COMMERCIAL
THE
(668)
9%
51
r
10
*51%
x5iy«
52%
•111%
52
tlUY* 112%
15%
15%
*36%
37
45
45
112%
51%
*50
51
50'A
50%
'
112
112
111%
111%
210
112
112
15%
15%
15%
15%
10'/2
16
16%
12,900
*36%
37
37
37
37
38%
37%
38%
1,900
*45
46
*45
46
*45
46
45%
45%
300
17
17%
15,200
*36
36%
15%
N
10%
Jun
17%
Dec
16% Jan
22
Jun
32%
Dec
32
17%
5
Jun
24%
9%
Jan
Dec
Apr
Jan
23
3
Jan
13
7% Jan
3
Jan
25% Feb
National Acme Co
National Airlines
4
8% Jan 14
9%
Jun
18
Dec
16% Jan
13
18
Jan
4
10%
Jun
13%
Dec
12
13
14% Feb
9
28
Jun
41
Aug
38
Jan
26
41% Jan 11
30%
Jan
40%
Dec
37% Jan
13
39% Jan 17
Sep
181% Feb
9
170% Mar
4%
185%
Jun
7% Mar
9
Jan
6
Jun
33% Feb
9
38% Jan 11
Aug
8 % Jan
4
9%
Jun
9%
Jan
8
3
Nov
8%
Jun
5
186
Jan
36%
30% Jun
5%
Jan
7
Jan
7% Jan
3
9% Jan to
8% Jan 28
12
Jan
10% Jan
3
39%
Dec
13% Feb
17% Aug
22% Dec
17% Jun
7% Jun
*11% Jun
*
Jan
27
42
Feb
13
18
Jan
7
22
13
24% Jan
Feb
9% Jan
27
17% Jan
13
19% Jan
7
Dec
94% Jan
11
98% Feb
10
38%
Dec
Jan
10
38% Jan 31
180% Jan
3
183% Jan 11
25%
Apr
169%
Jan
183
Sep
135
Jan
152%
7%
Dec
Jun
19%
Dec
x% Jun
19% Jan
U
Jan
5% Mar
14
73%
21%
'
Dec
35
X150
»
li
Jan
3
4
7% Jan
6
Jan
25
20% Jan
5
% Jan
3
4
4J
Jan
26
Dec
23% Jan
13
24% Feb
3
National
Jun
95%
Nov
88
Jan
13
97
Feb 10
National
Feb
28%
Dec
26% Jan
Feb
18
19% May
Jan
15% Jan
28
Dec
86
79% Jan
17% Jan 11
82% Feb
2
National
4%%
21%
Jan
38%
Dec
36% Jan
19
13
38% Jan 11
National Tea Co
9%
Jun
12%
Apr
11% Jan
5
12% Jan 11
Natl Vulcanized Fibre
9%
Jun
13%
Nov
10% Jan
13
11% Jan
Natomas
15%
X80
Dec
National
2
6
$ per share
Lowest
t per share
fper share
share
Jan
13% Mar
10% Jan
11% Jan 17
Nehi
Jun
14%
Dec
14% Jan
17% Feb 10
Neisner
X101%
Jan
104%
Dec
104% Feb 10
Mar
39'%
Nov
37% Jan
40
Jan
9
Jan
102%
Oct
100% Jan
104
Feb
7
10% Jan
11% Feb
6
8 %
103
Feb
Jan
xll %
Dec
Mar
102%
Jun
67%
Dec
9% Feb
14%
Dec
.72%
Jan
66% Jan
65
Apr
62% Jan
12
Feb
Jan
5
67
8
13
68% Jan
35
Ap*
26% Jan
3
33%
Jan
27% Jan
4
30% Feb
9%
Jun
13%
Jan
11% Jan
102%. Dec
142
3
98
Jan
Jan
30
145
Jan
14%
Jan
13% Jan
4
18% Feb
Jun
30
Dec
30
Feb
8
34% Jan
Feb
61
Dec
56
Jan
26
"Dec
250
Mar
232
63% Jan 18
No par
St Louis Co com—100
N
$5 non-cum preferred—.—No par
Y & Harlem RR Co—
—50
Jan
10
7% Ja n
3
21
Jun
33^4
Jan
30% Jan
4
9% Feb 10
34% Feb 10
15%
Feb
19%
Apr
17% Jan
3
18% Jan
N Y
Sep
53%
Dec
53
Jan
86
Jan
96%
Nov
95
Jan
3
57
9
Jan 20
..n
12
87% Feb
12
94% Jan 23
98% Jan
14
10
93% Jan
19
Jan
30
23% Feb
29
Dec
47%
26
Jun
25% Jan
32
Feb 10
4
18% Jan
9
Jun
16%
*16%
16%
2,900
23
23%
22%
23
22%
23
22%
22%
22%
22%
22%
22%
21,300
*9%
19%
*97%
9%
9%
*9%
9%
9%
9%
2,300
19%
19%
19%
19%
19%
19%
19%
8,300
99
*97%
97%
97%
98V4
98%
*98%
99
98%
98%
130
38%
5,400
OO
38%
38
38%
37%
37%
182 »/4
*181
182%
181
ilT/9
37%
*181
*181
182%
182%
182%
*181%
183
*
152
*150%
152
150
150%
*149
151%
150
150
*150%
151%
120
7%
7%
1,800
2,000
38%
150 %
v
37%
70
-
7%
7%
7%
*7%
18%
7%
18%
7%
18%
18%
%
II
%
II
25
24%
24%
24%
91%
92%
91%
92 %
91%
27%
28
27%
27%
16%
27%
7%
27%
*18%
%
1
%
*24%
"
18%
82%
16%
82%
.38%
*37%
12%
12%
12%
11
ii2%
n
10%
7%
18%
18 %
18%
%
u
X
%
24%
24
24
91 %
92%
27%
t per share
*103
16%
82
82
*39%
37%
37%
37%
12%
12
\
12
12
12
11%
12
10%
11
II
U
11
11
4,12
10%
11
SALE
HIGH
*103'A
11
11%
*102
106
*39 %
106
65
64%
12%
12%
11%
13
*67%
69
68%
105
11%
11%
*102
106
64'/«
2,800
17?a
2,200
104J/2
104J/2
12%
67 J/2
40
40
105
*103%
*104
105
11%
11%
106
*102
68 'A
64'A
12'A
12%
68
68
63 J/2
63 34
12'A
1.800
12'A
63%
631/2
12%
68
*67
20,600
106
*102
12
-
10
11%
11'%
11%
106
50
600
40
40
63'A
64%
121/4
*
40
*103'/2
104
*102
65
12%
39%
40%
104
11%
'
65
*68
11
1041/2
*103
104'A
Shares
10%
17%
16%
*103
Sales for
the Week
11 y.
17'A
11
16'A
104%
V
1,800
X per share
X per share
share
10%
16 J/4
40 %
11%
102
X per
16%
104 %
2,600
Friday
Feb. 9
10%
♦103
230
1,700
/
Feb. 10
Thursday
10%
*391/2
104%
11%
$ per share
16
PRICES
16 y8
*103'A
40'/.
700
-82
x37%
i6 y.
104%
8,900
16%
81%
38
10%
*103
104%
16%
16%
82
iey«
.
600
16%
10%
<
27 %
37%
Feb. 8
16'/.
27 %
5,500
18,700
82
Wednesday
10%
97
16%
Feb. 7
share
95
37%
Tuesday
16'/a
%
24%
82%
Feb. 6
10%
•
*27
%
V
16%
;
Monday
< per
19%
18%
24%
96%
27%
92%
♦27
"
24%
24%
92%
.
37%
11
82%
7%
82%
38%
16%
16'A
82%
18%
7%
4,100
68 'A
*67
110
28%
29.
28'A
29
28%
29%
28%
29%
X28'A
X28%
28'A
28%
8,600
29%
30%
30
30
30
30
29%
30
x29 'A
29?8
29 y4
29%
2,200
12%
24,900
'
12%
; io9j/2
♦138J/2
/
12%
110
16 J/4
138% 139
15%
16%
33
*28
16'A
"*29%
♦56
v
t
110
33
*56
60%
*210
12%
12%
uo%
141
230
60%
*210
230
12
12'/.
12%
12%
12%
12'A
12%
109
108 %
110
110
110
♦139%
141%
139'A
140
140'A
140'A
600
16 V*.
l&'A
17%
17%
18%
16%
17%
12,300
33
108%
30
30
30
30
108%
109 %
*138%
141
16
*28
*56
50
50
230
230
*210
33
800
*57
62
900
*210
230
*27yz
60%
*59
*210
601/a
*210
2/200
230
9%
14,900
13,300
8%
33 %
34
343A
18%
18%
18'A
2,600
55%
56
55%
56'A
55'A
55%
55 »A
55'A
55
55'A
55'A
55%
2,600
■
8%
8?.
Elec «fc Gas Corp—r
25
Chemical
*99
23
23
23%
22%
23%
22 7/.
23 y,
28'A
28%
28'A
28%
28%
28%
28J/4
28%
*86%
87%
*86%
87 %
*861/2
87%
87%
87%
*86%
*93
94'A
*93JAi
94 y*
*93
94%
*93iA
94%
93%
93 34
99%
98%
99
*99
99 y2
99%
99%
99'A
99 y2
29'A
29
29
29
29
29
29
30 Va
*99
*28»/2
Jan
3
Co
II
Northern Pacific Ry
100
9%
28%
28%
28%
28%
28%
50%
50%
49%
27%
26%
51'A
27'A
20%
11%
*99
9%
*27
20%
11%
20 %
11%
11%
*83
84
*83%
«4y2
39
39
38%
39
19%
19%
19
19%
11%
12
1
28%
9%
20'A
;
100
*99
9%
27'A
10
—
Aviation—
100
9%
51
25
—25
13
American
-
29 %
9%
com
*99
100
100
23
——4
Co...;
100
.
*99
1
35% Jan
20% Feb 10
37%
•
18 'A
Dec
17
<9%
,
32'/.
North
3
2,600
18'A
North -American
39% Jan
-
19
10
19
99
10
28,200
19%
9%
9%
19%
;
8
11%
32
Adjustment preferred—
5
,«
;
20'A-
9i/2
28 J
23%
5,600
100
88
*87
88
68,730
28 ?B
2
93%
/
93^4
200
*99'A
99%
220
32
30%
4,500
10'A
9%
29'A
29%
50'A
50
50%
49a4
27
26%
26?,
*26%
21'A
20?.
20%
211/4
57,400
12%
54,700
50
27
26%
20 'V
23'/2
28?.
9%
29
20%
23%
28%
,
11%
ny2
11%
*83 y»
-84%
83'A
38%
38%
38%
39
19
19%
19
19%
213 8
-
978
29
-
12'A
11%
84%
11%
*83
100
23%
9%
29
50%
-
*99
■
12,700
29%
12
1,900
50;
8,100
27%
1,400
83'A
*83%
38%
38?.
38%
39
19 ?4
20'A
19?,
20%
46,500
12
27,500
•
84%.
30
5,600
Northern States Pwr Co (Minn)—
41%
Dec
10% Jan
3
12
95%
Dec
93% Feb
2
95% Jail 21
109 % Mar
107% Jan
18
Sep
7
Jun
12
Oct
11 % Jan
13.
Jun
20%
Oct
19 % Jan
3
30% Dec
36%
Dec
23% Jan
4
2% Jan
27
May
13,500
16%
-41%
8%
sy.
Northern Central Ry Co
——50
Northern Natural Gas Co—
10
107%
1%
40%
16%
11%
8
18'A
83% Feb
Feb
11% Mar
*40%
16%
11%
31%
12% Feb 10
;Apr
13%
40%
16%
8%
11%
8'A
21% Feb
19% Dec
84
40%
16%
8%
11%
18%
5
Jun
4014
16%
8%
31%
13
11%
40%
16%
8%
11%
8%
16
39%
42
17
8%
11%
18
10% Jan
Jan
41
16%;
8%
11%
31 %
78% Jan
31
,
42
X7%
:V n%
40%
8%
11%
8%
Feb
85
6,900
11%
41%
3%
—
3
27 "A Feb
2,900
6,200
9%
18%
Norfolk & Western Ry
51% Feb
6
9
31%
Nopco
3
7%
34
33%
•
8'A
Noma Electric Corp
26% Jan
9%
18%
10% Jan 22
48% Jan
33%
9%
7%
7%
33%
9%
7%
31'A
29% Jan 18
Jan
7%
34%
9
7%
8%
4
Jan
20% July
.11% Jan
7%
34
9%
210
182
182
18%
13
28%
10,700
39%
39%
182
181%
32'/.
Jan
59%
400
39%
39%
183
8'A
9% Jan
28
38%
18%
—
9
Sep
75% July
8%
3
Jan
Mar
15% Van
8%
Dec
100
13%
38%
11%
..
.....
8
13%
38 %
31%
$3.75 preferred
100
Niagara Mhk Pwr Corp com.No par
Class A
.—Nopar
3.40% preferred
100
3.60% preferred
—100
3.90% preferred
—.—.—100
Noblitt-Sparks Industries
J2.50
Jan 31
17%
14%
38%
100
series A
5%
Common
3
23
23
86% J
27%
99% Feb
21% Jan
26% Jan
5,900
3,400
17%
33%
Shipbldg Corp partic stock—1
N Y State
48%
17%
17%
17%
8?.
Preferred
9
4,000
13%
34%
7%
.
1,700
7%
8
9
9%
24%
7%
24%
34
7%
N Y New Haven & Hart RR Co.100
Jan 10
39
♦182
183
590
24%
38%
39%
13%
*38
39%
39%
*182
182
34%
Central..—
Jan
16% May
6% Jun
39%
39
182
9%
PaT
9%
21%
39%
183
7%
Nopar
1
common
Jun
232
13%
38%
17%
37
7%
Feb. 4
preferred series A—
100
N Y City Omnibus Corp
No par
New York Dock common—No par
6
48
Chic &
17%
13%
38
8
Saturday
6%
9
20%
York
N Y
10
Jun
205
Corp——
Bros Inc
New
13% Jan 11
110% Feb
4
3
137
Dec
4
10
5%
xl7%
13%
38
13%
*37 %
13%
34%
—
29% Jan 20
Jun
Jun
17%
17%
17%
17%
7%
STOCK
Mining Corp —
10
Newport Industries common
—1
4%% preferred
100
Newport News Ship «fc Dry Dock—1
New York Air Brake
Nopar
9
Jun
Jun
7%
.9%
•
24 %
56
7%
34%
Mewmont
5
14% Jan
26
23%
117%
7%
7%
.
preferred
100
Newberry Co (J J) com
—Nopar
3%%. preferred———
100
New England Elec System
1
New Jersey Pr Ss Lt Co 4% pfd—100
Dec
42
7%
&%
'
4%%
94;
24%
LOW AND
,'
9%
93%
24%
38%
EXCHANGE
12%
29
24%
7%
8
8
r
1
Co
24%
25%
i?%
No par
NEW YORK
Range Since Jan. 1
Highest
Highest
X per
*24
STOCKS
Year 1949
Lowest
*36%
24
10
...
Co—
Range for Previous
17%
37%
24
.*34%
8c Lt ex-dist—.Nopar
Shares Corp
—No par
Steel Corp—
25
Sugar Ref Co
No par
Supply (The) Pa com—10
preferred—
—100
28
17%
37
39%
Natl Power
13
17%
38
*182
100
Corp—..1
Natl Malleable & Steel Cast—No par
153
17%
37%
17%
.400
Jan
7% Jan
17%
37%
*38
1
77o preferred A-.—
6 % preferred B—'.
National Linen Service
17%
:
National Cylinder Gas Co_____^__l
National Dairy Products——Nopar
National Department Stores.——5
National Distillers Prod——No par
NatT Enameling & Stamping—12.5o
National Gypsum Co com—__—1
$4.5o preferred
.No par
National Lead Co common.——10
11% Jan 13
Dec
95%
-86% May
Jan
14%
17%
37
1
Inc—1
" National Container Co
5
19%
'
Aviation Corp—
5
National Battery Co—
4
National Biscuit Co common.—j.10
l'/o preferred
—100
.National Can Corp———^_10
National Cash Register—a—No par
National City Lines Inc—
1
2
16% Jan
38
Fibres
Automotive
18
37%
25%
—1
x-1
National
12% Jan 17
27% Feb
National
17%
37%
5
100
4
,14 V*
Feb
108% Feb
2
Common
Nopar
$3.60 preferred—__——No par
$4.80 preferred—
No par
9
s
13
Jan
5
Northwest
Airlines Inc
common—10
preferred
!
Northwestern TelegraphL
3% Jan 13
16% Jan 17
tNorwalk" Tire
A
31% Jan 13
108%.Jan 23
34% Feb 10
110% Feb
I
Oct
14
i
Jan
*
-
94
*108
108J/2
11%
94
108%
11%
11%
94
94 %'•
*108
11%
11%
11%
11%
12
94
108%
94%
94%
94'A
94
*108
108%
108%
108%
108
94*
-
820
108%
220
'
21% Jan -S
31% Jan 10
,T"rj
11%
"94'A -94%
*108
4.6%.
Norwich
.25
:50
Rubber—No par
Pharmacal Co.
2.50
&
.11%
f
15%
12
11%
12
11%
12
8,100
20
20
20y2
20
20?.
20
20%
5,000
'
30
29%
29%
29%
30
30?s
11%
11%
Ui/4
11%
20%
20%
*29%
*2%
11%
12
19%
20 y.
19%
30
29%
30
,29%
;
,
•
30-
1,240
•
*2%
3
3
15%
15%
15%
34
33%
34
2%
2%
2%
15%
15%
2%
15%
3
15%
*2%
3
15%
3.J«
600
*15%
IS®.
1,200
34%
24,900
O
■27% .Jan
33
May
99% Jan
110
Dec
,
23% May
33%
Jan
?«%■;'-n
25
17%
19%
Dec
19% Feb
3
Jan
20
Jun
91
Nov
6% Feb
79% July
28% Jan
5
20
9
Jan
31%
Jan
24% Feb
99
Jan
92
Jan
31
10%
Dec
10 % Jan
3
14% Feb 10
96%
Dec
95
Jan
3
99
20
9
18% Aug
22%
Jan
20% Jan
28
Jun
40%
Dec
37% Jan. 26
105
Nov
1C8
Dec
108
Jan
6
27% Jan lo
95% Jan
Feb 10
20% Jan
Ai
9
.T»n.
108% Feb
9
7
2
11% Jun
16% Dec
14% Jan
16
16
Jan
64% July
49% Jan
79
Jan
74% Jan
4
82
Jan 14
Dec
63% Jan
13
64%
For footnote*
,66% Jan
9
7
Ohio Edison Co
:
4.40r»
*
Ohio
Oil
——100
Co.—
-Oklahoma Gas
8
common—
preferred
a—No par
ds Elec
4%
pfd
20
Oliver
Corp common
—Nopar
4%^ convertible preferred—100
Omnibus Corp (The) common—.—5
■
8 %■
convertible preferred A—100
-Oppenheim Collins—
>—
10
Otis/Elevator common;./
.-.Nopar
$4
preferred—
Outboard Marine
Outlet Co.—
-Owens-Illinois
u-a—62.50
&
...
Glass
Mfg———2.50
—Nopar
Co——..12.50
.33%
*109% 109%
..109% 109%
28,
28%
*
27%
28%
*19
.19%... .*19
19%
25%
25%
25%
25%
'93'A 93%
93
93Y*
1212
12%
12%
97
9797.%
97 Yo
20%
,20%
20%
' 39 'A 39 'A
*108
108%
*14%
*77%
65
15%
BO
65%
i
39
-108
^
-14%
*77%
-
64%
20%
39%
; 108
14%
80
65%
33%
-34
*
109
109%
27%
28%
*19%
19%
25y«
25V4
*92%
93y«
12%
12?.
97 Y*
973%
*20%
38%
.15
*77*/*
65%
C5y2
34
109%
x27%
27%
*19%
19%
25
25%
93Vo '93lA
-'.12%
13?«
96%
97%
*20%
21
38%
108*%
15
80
*107%
33%
109 •
21
33%
109
34
-
109 y2
34
109
190
109
27%
27%
27%
27?e
*19%
19%
*19%
19%
24%
25
24%
93
93%
93
13%
14
13%
97%
97%
*20%
21
97%
*20%
24%
4,200
93%
-
550
14%
38,900
99
21
620
.
38%
38 V*
38%
*107% 108 %
*107'/a
108 %
38%
18,400
38'
' *107%
38 %
108%
*14%
-15%
80
•14%
15 *•
*14%
.15
*77%
*77%
80
*77%
80
64%
65%
65%
65 Va
66
200
6,300
-
65r»
1
10
300
4,700
Volume
171
Number 4881
THE
COMMERCIAL
NEW
Range for Previous
v
t per share
$ per share
11 % Mar
14
774 Nov
Jan
10%
Jan
Sep
71
Apr
29
Aug
40
Jan
51
Range Since Jan. 1
Lowest
Highest
t per share
12
Jan
'
13
13% Jan
3
Pacific
9% Jan
12
Pacific
57% Jan
17
1st
18
Feb
21% Nov
31% Jan 10
20% Jan 25
30%
Jan
34
Sep
32% Feb
34% Jan
50
Jun
54
Jan
52
55
Jan
33
Jan
27%
Jun
34% July
34% Jan
23
Feb
30% Jan
8
4% Jan
10% Apr
Jan
12
Jun
22
Oct
3% Jan
3
8% Jan
36
Dec
38%
Dec
34
Jan
95 Va
Jun
104%
Dec
104
5%
Jun
8%
Apr
Jun
20%
Dec
Dec
104 Va
Jan
17%
Oct
22%
Dec
18% Feb
37
Aug
47%
Oct
42
Jan
2
15%
101
Jan
16% Feb
Jan
21
Feb
Jan
3
Dec
34% Jan
16
Dec
28% Jan
4
Jun
7%
Jan
7% Jan
14%
Jan
9% Jan
5% Aug
8
Jan
6
7
Park
3
7
3
Jan
31
4
17% Feb
3
12
36% Feb
7
57
Dec
54% Jan
13
8% Jan
3
25% Jan
3
106
Jun
111
Dec
Mar
31% Jan
107
24
Jan
60% Feb
Jun
22%
Dec
21% Jan
-
Nov
17%
Jan
16% Jan
45%
Nov
42% Jan
11
Jun
Mar
113% NOV
Jan
29
37% Dec
110
Feb
Proof
5%
34 % Jan
Penn
5%
46
4
Feb
36% Feb
137
Dec
127% Jan
17
Feb
10
13
Dec
1174 Jan
13
13 % Jan
5
Peoria
12
Apr
8% Jan
3
10% Feb
9
21
Mar
35
Dec
102
Jan
108
Dec
9%
17
Jun
13% Nov
Jan
-
34
Jan
25
105% Jan 24
11% Jan
,
6
30
37% Dec
36
3
43% Jan
31
57%
Dec
51% Jan
25,
56% Jan
3
53 Va
40% Jun
Jan
47% Jan
13*
50% Jan
11
60
10
Jan
Jun
x48% Mar
58
Oct
56
Jan
5
90% Mar
106
Dec
105
Jan
5
Feb
107% Feb
10
20%
Jan
24% Nov
24
Jan
3
25% Feb
3
23%
Jun
26% May
24% Jan
7
22% Feb
8
110%
Apr
117
98
Jan
105
Apr
Sep
xll4% Jan
6
104%
Dec
103% Jan
20
110%
Sep
107% Jan
4
116
Jan
3
Jan
8 per share
11 Va
Range Since
Highest
S per share
107%
*107%
107%
*107%
107%
23%
23%
23%
23%
23%
23%
8
106
105
Dec
103
Feb
9
Jan
12
14
Dec
14
Jan
3
177b Feb
6
87 Va
Aug
95
% Dec
93% Jan
16
94% Jan
4
517b
Jun
64
Apr
57 V2 Jan
27
6274 Jan
7
7%
Sep
11
Mar
9 V2 Jan
6
Jun
83
Dec
867 b Jan
24%
Jun
32
Jan
28
1674 Jan
13
Jan
4
15% Jan
13
142
Jan
155
Nov
150
Jan
156%
Jun
170
Jan
164
28%
Jun
37%
Dec
6%
Jun
8%
Jan
7'/a Jan
4
7%
Jun
135
2
15%
Jan
91
$5
12
Pitts
167
Jan
23
3774 Jan
9
Iron
8% Jan
9
117b Jan 12
175
May
150
Feb
8
150
Feb
8
Jan
71
Jan
3
80
Feb
10
55
Nov
7174
257b
Jan
61
Jan
4
64% Feb
10
23% Jan
9
135 Va Jan
13
8%
Feb
12% Nov
27% Jan
144
10
Et
Coal
547'.
55%
3,00b
49%
49%
10,300
59%
59%
60
*106
106% 106%
class
106%
106%
90
25%
25 Va
25 Va
25%
23%
106%
25 Va
107%
25 Va
25%
9,500
25%
115 Va
25%
25%
25%
*25%
25%
*25%
25%
700
*115
25%
1157b
115
Co
14%
141^
14
3674
36%
97
10
No par
No par
547b
104%
17
*91
60%
17
*17
96
*91
6174
5374
103
17%
17
96
61 Va
*33
105
*104
105
♦104
105
10474
105
*91
97
*91
97
*91
97
*92%
15
14%
1471
*90
97
15
917 b
147b
10%
3374
*9%
*33 Va
11
3374
15
1474
15
91%
*9%
337b
14%
90
90
28 Va
28%
28%
28%
28%
167a
167b
167a
16%
167
*90
1537b
*152
154
1667b
*iG5
1667b
35%
7%
107b
150
*145
74%
76
74
63%
63%
*63%
247b
36%
8
1074
150
357b
36%
77b
774
1074
107b
*90
154
♦165
1677b
7%
77b
7%
7%
10%
107b
107 a
158
*145
158
76
767b
79
79
30
730
6474
*63 7b
647b
64
64
•637a
64
64
64%
400
25
247 b
24%
25%
26%
*145
2574
7%
774
774
79% Jan
16
89'A Feb
3
Procter
31
60
157b Feb
80
Jan
Feb
conv
&c
"When
6
17% Jan
Publicker
4
84'A Feb
$4.75
27
10574 Feb
4.08%
30%
Feb
37
Apr
33% Jan
3
36 Va Jan
12
247b
Jun
337b
Oct
27% Jan
25
30% Jan
9
July
107% Jan
109% Jan
10
3
147b
2,000
16%
167b
10,800
59%
59%
Inc
Co
of
&
15%
1574
1574
157b
1574
157 b
*83 %
8474
8474
8474
*83%
84%
Colorado—20
*50%
28 Va
50%
507b
5074
5074
507b
50%
52
51%
287'2
28
28%
277 b
277b
27%
28
277 a
100
121
121%
*87%
88Va
887b
887b
26 Va
2674
267b
267 b
*87%
26%
preference
com—No par
30Va
307b
29%
30 Va
29%
1057a
105%
1057b
preferred
a—100
No par
(The)
common
No par
*105
347b
28 Va
122
*121
122
xl20%
12074
220
8874
*8774
88%
*87%
887b
88
30
267b
25%
26%
24%
257b
247b
25
39,700
30 V.
2974
105% 1057b
2874
29%
28%
297b
14,600
1057b
10574
105 7b
10574
30
x88
1057b
1057b
34%
347b
34%
35
347a
35
34%
347b
9,600
2874
277b
28%
27%
28
277b
28
277b
277 b
13,300
*10974
1097a
4
21% Jan 30
Quaker State Oil Refining Corp-10
*207b
217b
2074
20%
*21
1274 Jan
3
15
Feb
9
76
Jan
6,000
35
33
14%
122
4,100
277b
34%
3374
Jun
122
120
52
x27%
27%
27%
1097b
9%
122
517b
700
3,100
28%
337a
*109
122
52
5,000
35
1097b
18% Jan
59
84%
337a
20% Jan
59
1574
1097a
Jun
59
1574
33%
157b
5,400
58%
*83 7b
100
3
700
887a
15%
No par
Jan
3074
837b
*120 Va
2,000
8774
1574
100
4,000
30 >/2
83%
No par
100
837s
8
16
com
3,400
77 b
3074
83 74
preferred
30
8
12
83'A
Purity Bakeries Corp
307b
*11%
15%
347b Jan 30
25% Jun
12
24%
5
__i
Gas
24
2474
No par
com
Inc
conv
X14%
59
Pure
5%
14%
167b
59
Pullman
Oil
14
167b
60
preferred
div
407b
30%
Service
$1.40
407b
407b
87%
4.64% preferred
30 Va Feb
3
40
40%
87%
Public Serv Co of Ind Inc.—No
par
28% Jan
41
40%
30%
Public
10474 Feb
407a
40%
87 V*
Feb
Dec
41
40%
30%
Feb
Dec
4074
4174
887b
Feb
29%
474
307b
preferred
El
4074
407b
877b
29
3%%
*1174
*3074
Industries
20
1174
89
*59
2,000
1174
3074
60Va
25
144
1174
887b
*%9%
25
144
•11%
30%
89
8
25%
144
24%
89
52
Pub Serv
*142
24%
31
122
26 Va Feb
144
2374
*30 %
No par
13
88 Va Feb
*142
2374
preferred series A—50
Gamble
24
9
144
20
237b
7%
31
26
12
*142
8
467b Jan
24'/a Feb
247b
7%
issued"
cum
146
1
com
2,000
150
76
77a
4%%
107b
107b
10%
150
75
77b
9
30
6,000
2,700
150
14
8% Jan
7%
*74
167b
31% Jan
367b
774
-
*140
14
6
— —
—
35%
75%
16%
3
1,600
♦152
1374
Jan
10
1,900
167b
36%
16 Va
7% Jan
91%
287a
16%
166%
1374
30
70
2,900
2874
154
167 b
16%
700
'
35%
167b
10
147b
•165
16
Co
*90
3374
*1517b
13%
Power
*14
28%
167b
11
35%
16%
Electric
No par
*11%
33%
35%
14
B
24
*9 7 a
33 7b
*151% 154
166%
*165
14%
class
*142
11
91%
a
41%
12
1,700
20,000
97
*91
*9%
16%
25%
167b
96
617 b
*104
29
24%
600
107 b
16%
146
607b
8,100
3374
*1517b
*142
*91
61%
160
547b
104%
*97b
29
107a
167b
96
617b
167b
3
5474
103
17
♦91
'■
55
103
337*
*165
25%
61%
54Va
105
104% 1047b
153%
107b
53%
*103
4174
105 Va
Dec
537b
1047 b
41%
Jun
109
90
40%
X103V4 Nov
Jan
90
41%
86% Jan
107
907b
*89
41%
26% Jan
257a
90%
41%
Co__
1187b Jan
Dec
90
41 Va
56% Jan
25%
5,000
17,700
91
*89
1
Pressed Steel Car Co Inc
Jan
14%
397b
.5
Potomac
20 V8
14
38%
*11%
7
47% Dec
14%
3774
29
357a
.Shares
14
367b
5
pfd—.100
Inc
16 Va Feb
Jan
177 b
96
617b
$ per share
14
Plough
4
38
60%
Sales for
the Week
367b
3
15
Feb
91%
157 a
*91
53%
105
$ per share
share
Feb
Poor
90 V2 Mar
14%
53%
*104%
91
Friday
Feb. JO
9
137b
166%
*135
40
36
*151%
8
400
103 Va
14 V*
*165
357b
130
104%
108%
3674
12
9
22
29
115
♦104%
367b
5
14% Feb
Dec
*90
*16 %
'115
104%
109
14
"
10% Jan
3
14% Jun
11
3374
*89
t per
Feb
24Va
12 Va Jan
79%
15\>2
96
61
*92
14%
115
Thursday
Feb. 8
1
Oct
Dec
*9%
*33%
5374
105
3 05
1
Pond Creek Pocahontas
86%
15%
91
*104
100
Pittsburgh Young & Ash
Plymouth
57% Feb
S per share
1474
37
Wednesday
Feb. 7.
t per share
Pittston Co (The)
6
Oct
Tuesday
Feb. 6
36 Va
60%
'
9
9
Jan
Monday
1
*91
115
104%
•108%
LOW AND HIGH SALE PRICES
| per share
*89
115
•
10
41 Va Feb
8%
107 %
25%
25%
Feb
43% Jan
32
*106%
25%
25%
2474 Feb
10
Jun
108
2,050
25 %
100
B
16
Mar
*106
54%
25%
115%
100
Feb
47 b
107%
*
2534
1
40
21
70
4,000
49%
'
3
Jan
40%
54 Va
preferred—No par
38% Jan
15% Nov
40
40%
2,900
59 Va
25
RR
Sep
Apr
40 Va
500
-
48 %
No par
common
Louis
preferred
Co
12%
59%
preferred class A
100
5%% 1st ser conv prior pfd—100
Pittsburgh & West Virginia
100
&
12%
48%
100
Apr
127s
40%
95,600
54%
_10o
preferred
Oil
1
12%
107 b
37
106
*
Jan
22
10%'
*36%
58%
No par
4474
13%
12 Va
i
*105
48%
53%
5074
Jun
12%
106
54
*104%
32
87a
12%
40%
107 a
37
1.
59
100
36Va Feb
Mar
10%
37
106
49
5%
Dec
40%
10%
54
No par
convertible
7%
88
Feb
12%
9%
37
•36%
*105% 106
500
2,800
12
58 %
common—5
Pittsburgh Plate Glass Co
Pittsburgh Screw & Bolt—
Pittsburgh Steel Co com
Apr
Apr
9%
136
*11%
*
48%
3
com
Consolidation
gtd
135
127.
53%
Feb. 4
preferred
7%
134 Va
♦11%
'
12%
40%
12%
•
58 'A
Pitts Ft Wayne & Chic Ry com—100
Nov
29
134
'
•11%
37
40
>7/
Pittsburgh Forgings Co
6474
147
132% 134%
13
220
36
49%
5
Pillsbury Mills Inc
31
4
Jun
*35%
106 Va
40
Saturday
Phoenix Hosiery
Jan
1674 Jan 20
13
Jun
36
No par
com
preferred series A
4% preferred
Phillips Jones Corp
5%
preferred
Phillips Petroleum
29% Jan
Jan
Dec
36
54%
C
35% Jan
14%
36%
57%
Coke & Chem Co com—No
par
19
135%
•36
49%
Pitts
Jan
xl9%
36 !A
54%
9
154
3
1,000
58
$4
7
9Va Jan
32,300
No par
common
Phiilp Morris & Co Ltd
&
17%
No par
Co
Phila Jc Reading Coal ic
Philco Corp common
C
20,500
54%
49%
Pitts
79
107/a dun
12
24 Va
49%
Par
374%
600
23 %
58
31
Jun
15% Jan
37
40'/a
54%
32%
107%
*
44 Va
106%
%
32%
4,500
50
EXCHANGE
9
3
12
4,500
300
9%
*107%
*
25
preferred-
NEW YORK STOCK
Feb
13% Jan
12%
60
28
113%
108
55
14% Mar
40
9%
37%
*8%
27 Va
.17%
132%
*11%
106%
59%
:
17%
*44 Va
104 Va
90% Feb
Jan
12%
37%
*106
1,500
44 Va
108
4
100%
12%
9%
132
13
10
600
1,000
*111%
104 %
13
33% Feb
37%
106%
11 %
6%
167a
36'A
45
104%
Jan
Dec
37%
*106
♦
*36 Va
133
133
6%
16%
36%
'
111
108
84% Jan
105
10i
17%
1,700
3,900
111
44%
108
50 Va Jan
3
13
17%
1,400
8%
10%
110%
44%
104
88% Feb
9
133V2
9%
36 Va
17 Va
24
30 Va
4
110
45
104 Va
Feb
Jan
♦12
36 Va
17%
25
107%
23%
7,600
114%
45
112
*107% 108 Va
10%
11
133%
17
•107Va
23%
♦104
55 Va
32 Va Jan
36%
100
17%
46
113% 113%
23%
3,400
9%
67k
167 a
*32 Va
•107% 107%
108 Va
93%
94
*36
100
_10o
17%
45%
17%
34
300
2%
37%
8%
9'A
27%
•V9
14,900
22,500
30
"
36
27 Va
19%
44
*2
60 Va
*9
115%
3
103 Va Jan
59%
9%
27%
104%
10
Apr
59%
•8%
27%
♦107%
14% Jan
3274 Aug
59 Va
9
*104 "
3972 Feb
105%
59%
100
3
Jun
59 Va
100
14
Jan
59%
preferred
327b Jan
26
36
preferred
,13% Jan
10074
*16%
36%
3.8%
Jan
Jan
16%
36%
6%
*107%
5
Sper share
10
*6%
16%
36%
4.3%
Jan
Dec
*32
6%
17
9
197b
■
6%
17
12,600
36%
9
36%
11
40%
Jan
6%
67k
674
104
*43
10 Va
36 Va
*115
Jun
37%
36%
410
17
19%
30
874
10%
100
22% Jun
79% Nov
30
8%
10%
No par
No par
preference
Highest
f per share
30
8%
10%
preferred
Jan. 1
Lowest
30
8%
10%
39
STOCKS
Year 1949
30
3%
39
preferred
Range for Previous
Lowest
30
12,400
102 %
*
2%
*10%
10%
200
427b
10474
6 Va
37%
2
29,100
26,900
16%
45
36%
17%
*17
45%
•43
2%
37%
4%
97a
4074
1974
2
4.4%
104% Feb
109
43
104
19
37
35
113%
*102%
390
207b
*104
6%
2 Va
27%
33 Va c
Electric
43
474
17%
37%
8%
preferred
conv
43%
2
27'A
67b
5%
37 %
9 Va
45
3,800
9%
417b
10474
16%
19%
43%
44
4074
104
19
—100
Phelps-Dodge Corp
Philadelphia Co 6%
$1
*102%
27%
35
8.100
32%
*19%
10
20%
*104
17%
19%
9%
Corp of America
5
Pfeiffer Brewing Co
—No par
Pfizer (Chas) & Co Inc
1
$6
103
59%
6%
4074
17%
27%
Petroleum
Phlla
18%
4%
9%
10474
57b
6%
9%
27%
Co common
4% %
.
39%
39
20
*104
6
32%
3%
47 b
9%
20%
19
19%
9
9
10%
3974
59%
Eastern Ry Co
Pet Mlik
6
Jan
12% Jan
-
'
36%
3734 Feb
107
13
*101%
47b
9%
*9
Peoples Gas Light & Coke
<fc
57b
17%
2 Va
2
4%
*20
104
18%
103
47b
974
21
59%
Pepsi-Cola Co
136
18%
387b
No par
Peoples Drug Stores Inc
Nov
387b
104
6 Va
6
387b
17%
17%
Feb
38 Va
104
104
X37%
32%
3%
36%
*112%
May
9%
*19%
3 Va
*6%
50
7 %
x8
37%
47b
4'%
10
20%
3274
3%
36%
preferred
96%
9%
19 %
32%
3Va
*17%
Pennsylvania Salt Mfg Co com—_10
3%% conv series A pfd
100
6
4%
*
32%
5
.
527.
330
3274
38%
38
30
*"30
52%
5,600
29%
Corp com—No par
527b
38%
8%
27%
52%
37%
10%
.7
537b
4,100
29%
—-10
52%
3%
29%
Light Co—
Pennsylvania RR
7
t
537b
144%
37b
38
Penn Power &
6
114% Feb
16,300
25
& Coke Corp
Penn Glass Sand
10
33%
3%
37 Va
Penn-Dixle Cement Co
30
33
144%
*43%
Penney (J C) Co
7
33%
No par
6
Coal
33
145
2Va
common
Ford
&
33%
145
38%
prior preferred
conv
33
144%
2 Va
8%
33
144
38%
*10%
1.600
144'A
1
5
60
227b
144
19 %
2.50
32%
2274
145
*144%
*101%
No par
32%
22 y2
104
45
Co
33%
104
20
Mines
33%
227b
104
No par
Peabody Coal Co
Penlck
17% Jan : 9
8
35% Jan
-
10
24 Va Feb
13
32
Feb
107% Feb
6
13%
104
Rust
9
9% Feb
28
6
16%
'>
Parker
Consolidated
33
2274
104
19%
*43
327b
X227b
104
187b
1
40
327b
104
18
100
600
550
55 7b
104
387b
104
547b
327 b
47b
38%
56%
1037b
107b
104
1274
9
9
*54%
32'A
67b
Patino Mines <3c Enterprises
Jan
Jun
41%
20%
Shares
104 Va
6
Parmelee Transportation
16
23%
Utah
11
34% Jan
Dec
39%
1
20
Dec
10% Feb
4074
47b
*12%
9
Sales for
the Week
32
No par
9% Jan
19% Jan
26%
35
3874
10
1274
9
f
103
1
common
11% Jan
37%
Feb
lo
*19%
♦12%
9
56%
Friday
2274
527a
3V4
Refining
Parke Davis & Co
Jan
Jun
3 Va
Park & Tllford Inc
2% Jan
Dec
7%
374
convertible preferred
Paramount Pictures Corp—
38 % Feb
15
17%
&
4
5% Jan
145
3%
No par
3
.
144%
__1
4%
30% Jan 23
27%
42% Jan
Prod
Paraffine Cos Inc
4
2%
100
World
Panhandle
11
29
103 7b
Airways Inc
1
Petrol & Tr^nsp—5
Panhandle East Pipe L 00m
No par
4% preferred
100
3
20% Jan
38%
Nov
Jan
102% Feb
Amer
53 Va
53
12 Va
Thursday
327a
32
32
12%
12 Va
<•
2274
*31
-
103
*
Packard Motor Car
11
46% Jan
Jun
12 Va
32'%
100
Pan-American
2
Jan
9
Pan
9
25
1%
x6
9
Xo% Jan
5
24%
23% Mar
11
Jan
% Feb 10
106% Jan 13
10
101
9
42
1
*31
No par
Pacific Tin Consolidated Corp
Pacific Western Oil Corp
7
Jan
,„No par
Mills
4% Jan
6
5% Feb
*31
Pacific Telep «e Teleg com
6% preferred
10'A Jan
13
327b
No par
non-cum
Lighting Corp
21
3
23
*54 7b
Pacific
5
3% Jan
197/a Jan
874
56 7b
10
148% Jan
3% Jun
87*
*55 7b
12 Va
33
104% Jan 20
42
8%
56'%
12 Va
32%
Feb
28
8%
*55%
537b
Jan
Jan
8%
557b
12%
33
144
2% Jan
8%
55%
53
101
36
*8 7 b
32%
Dec
t per share
♦127b
Pacific
Dec
Feb. 10
t per share
5
4
104%
Feb. 9
$ per share
Sper share
23
11
Feb. 8
10
common
23
148
Oct
preferred
Inc
PRICES
Wednesday
non-cum—No par
23
Feb
4% Jan
Co
SALE
Feb. 7
I per share
22%
Jan
44
Fisheries
HIGH
Tuesday
Feb. 6
Finance Corp of Cahf—10
Pacific Gas & Electric
25
89
2% Jun
Amer
Monday
feb. 4
I per share
(669)
RECORD
Saturday
Pacific
4
CHRONICLE
LOW AND
STOCK
Coast
preferred
2nd
12
Feb
135
29'A Jun
YORK
Par
3
Jan
STOCK
'EXCHANGE
$ per share
lo
7% Jan
52
NEW
Highest
FINANCIAL
STOCKS
,
Year 1949
Lowest
YORK
&
10974 10974
33
33
3374
217b
20%
21
14%
•1087b
33
•207b
109%
x
*108
720
10974
200
33%
32%
33 Va
1,900
2174
*20%
21%
300
R
6674
Jun
74%
Jan
7374 Jan
13
Feb
7
Radio Corp of America com—No par
$3.50 1st preferred
No par
x7
Jun
9%
Apr
8V« Jan
3
9% Feb
3
Radio-Keith-Orpheum
927b
Jan
101%
Dec
3
103% Jan
10
100
Feb
23%
Jun
29%
Dec
277b Jan
3
29% Jan
27
217*
Jun
30%
Feb
x247b Jan
25
27 74 Feb
10
2674
Jun
34%
Feb
30 Va Jan
13
31% Jan
12
Corp
Ralston Purina Co 3%% pfd
tRaybestos-Manhattan
Rayonier Inc common
$2 preferred
Reading Co common
1474
1474
147b
76
75%
76
147b
1474
14*
75%
75%
♦757b
1
9%
9%
9%
100
*100Va
1017b
•1007b
No par
*2874
2974
29
2974
*2874
2974
•28%
2974
29%
29%
29
29
257b
2574
257b
25 V»
2574
25%
26%
26 Va
27
27
2774
1
25
97b
102
974
*101
97b
102
14%
14%
15
14%
15
•73
75%
7574
7574
75
75%
1,000
9
9%
974
37,500
101
102
9
102
974
102
97b
•1007b
102
144,800
30
500
6,000
31
31
31
31
31
30%
31
1774
Jun
23%
Jan
207b Jan
25
22% Jan
9
50
*22
22%
2174
22
2174
21%
2174
21%
217b
217 b
21%
34 %
Nov
43
Jan
36
Jan
25
39 % Feb
9
4%
non-cum
1st
preferred
50
*3774
3874
♦37%
3874
3774
3774
•38
39
39 Va
39%
•38%
407b
200
2874 Jun
36
Jan
31
Jan
1J
33% Feb
3
4%
non-cum
2nd
preferred
50
*32 %
34'A
33%
337b
33%
•33
337b
33
200
For
footnotes
see
page
24.
25
30%
307b
*33
•3074
21%
•33
337b
31
33
31
900
1,700
21
Lowest
Highest
S per
share
Par
1374
Apr
11% Jan
1
Real
Silk
Nov
23%
Jan
16% Feb
7
18
Jan
3
Reed
Roller
11 Mi
Jan
16%
Oct
14% Jan
13
16
Jan
7
Reeves
12% Feb
25
6%
3%
Jun
Jan
Jun
50
27
934
60
Aug
Jan
7
Jan
6-
93/4 Jan
22
Feb
9
25
Jan
874 Jan
3
11
Feb
7
5
60% Feb
Jan
Nov
58
Jan
12%
Dec
1174 Jan
13
13% Feb
Nov
85
Jan
20
85
Jan
20
13
13
Feb
1274
10 % Jan
Jan
5% Jan
25.
7 74 Jan
9
474
Dec
574 Jan
30
2%
Jan
4 % Jan
13
574
Jan
10
Dec
974 Jan
13
1174 Feb
1
Jun
2774
Jan
2374 Jan
13
2674 Feb
108
Feb
6
17
Feb
4
100% Jan
4
110
Jun
9174
1074
16%
Jun
91
Aug
4%
674
Aug
18%»
93
100
23
Jun
10374
Sep
•
Jan
103
Jan
13
Jan
1474 Jan
3
Dec
9974 Jan
18
674 Jan
7
Rexall
2274 Feb
6
Reynolds Metals Co com
102 74 Jan
20
5%%
1074 Jan
12
Reynolds
39 74 Jan
7
Reynolds
Feb
100
Jan
3
9 % Jan
31
3474
Oct
37% Jan
25
.
103
"101
1674
100
100
.
,_10
39
'
—10
*48
3
1
21%
21%
21 %
21%
2074
21%
Jan
4274
Dec
x38% Feb
10
4274 Jan
9
Richfield
I.No par
40
40%
39%
Jan
16% Feb
7
Jan
9
Ritter
17
16 74
Jnn
4% Jan
3
574 Jan
11
Roan
40%
*16%
5%
4l%
21
Dec
20 74 Jan
4
24% Jan
17
Robbins
1274
Dec
Jan
13
14% Feb
9
Dec
30 74 Jan
13
3574 Feb
10
Dec
60n/4 Jan
13
6774 Jan
5
9674
Apr
10%
Jun
1974 Nov
x20
Jan
3
55
105
Dec
Jun
21%
Dec
3974
Apr
61%
Nov
874
Sep
12"% Mar
16
12
Jan
12
16% Jan
3
104
Jan
1
*
3
Robertshaw-Fulton
47-47/
Rohm
12
19% Feb
13
10% Jan
Jan
104
2274 Jan
12
A— — —100
Ronson Art Metal Works Inc—..—1
*
Royal Typewriter'
Co (The)
Dec
29% Jan
13
36% Feb
9
11374
Feb
112 74 Jan
7
11374 Jan
25
48%
Jan
38 74 Feb
2
4174 Jan
10
Jun
12%
Jan
10% Feb
7
1274 Jan
9
Jan
16%
33%
,
Apr
i
31
Jun
43 74
Dec
87
Jun
131%
Dec
Jun
10074
.
9 %
Jun
87
July
Nov
43 74 Jan
128
98
5',;. preferred
St L-San F Ry
10
48% Jan
26
146
Feb
Jan
100
Jan
Preferred
10
24
5
St
5%
24
90
Feb
7
Savage Arms Corp
Dec
1274 Jan
13
1574 Feb
3
Dec
3034 Jan
3
34 74 Jan
11
46%
Jan
70
Dec
66
Feb
7
70
Jan
Jun
93
Nov
94
Feb
6
96
Jan
4
Oct
106% Jan
30
9174 Mar
84% Jan
Jun
Jan
104%
Oct
104
107
Jan
9
87
Feb
1
7
108
Feb
4
Mfg
4.307;
3.65%
Co
pfd
*106
100
preferred.,.—
14
Jan
91
Jan
5
14% Jan
3
30
5
90
Feb
10
Dec
20
Jan
3
2 5 74 Feb
3
62
Dec
60
Jan
3
69 74 Feb
Scranton
10
Sep
86% Jan
E'ec
3.35%
Co
(The)
preferred
com—.5
vtc
com
,1674
Jan
19%
Sep
1974 Jan
3
2174 Feb
2
Feb
56
Dec
47 74 Jan
25.
52 74 Jan
7
Seaboard
574
Jan
11%
Dec
10% Jan
31
1474 Feb
8
Seagrave Corp
3374
Jun
44%
Dec
41% Jan
25
4474 Jan
9
Sears
1674
Dec
15
Jan
3
16% Jan
11
Seeger
674
Jan
674 Jan
10
Sciberling Rubber Co
11%
Dec
1374 Feb
1
94 74 Jan
11
Jun
4%
Jun
6%
Jun
•
5% Jan
3,
57*
*
f
10174
Jun
Feb
10% Jan
3
9274 Jan
26
Oil
Range Since
$ per share
$ per
31% May
25% Jan
21%
Aug
3774
Jan
26
22%
Jan
38%
Dec
76%
Nov
105% Feb
9
8%
Jun
lu%
Oct
9% Jan
3
11%
Apr
15%
Dec
15% Jan
7
30
Jun
40%
Dec
5
Jan
7
2%
Jun
Inc
Oct
13%
Nov
28% Jan
37% Jan
13
39% Jan
7
Jan
17
79
6
76
Jan
105% Feb
11
*
Sharp
26% Jan
13
36%
30% Jan
6
38
Jan
$4.25
29% Jtin
33
Jan
9'
Silver
9
Jan
100
Jan
Dec
20% Jan
3
22 % Jan
29% Jan
13
33% Jan
5
Jan
23
88%
Feb
84% Feb
Jun
17%
Oct
97% July
107%
Dec
Jan
13
24% Jan
110
Feb
25
Jan
Skelly Oil
85% Jan
101 % Jan
10
16% Jan
13
106
Jan
20
4%
Oct
3% Jan
3
Dec
9% Jan
13
Mar
Jan
108% Feb
4% Jan
11
Jan
53
Feb
75% Feb
3
,
'
&
5%
11% Jan
4
14
Jan
12
39% Feb
10
South
Jan
4
45
29%
Jan
35%
Nov
34
Jan
13
Feb
35% Feb
1
*107
70
10634
100
86%
70
4(>
108
*10674
108
8%
Jun
61
Jan
54
Jan
3
57% Feb
9
Nov
66 %
Feb
60
Jan
13
65
Jun
13%
Jan
11% Jan
5
3% May
6%
Jan
4% Jan
3
3% July
5%
Oct
5% Jan
4
Jan
3
2374 Jan
10% Mar,
Feb
^..No par
'
7
Jan
14
6
6% Jan
70
6
2474 Jan
25
25% Jan
3
28
Jan
12
9
Jan
3
10% Jan
12
68
Jan
70% Feb
Spear
10
23
&
13%
Jun
18%
Dec
16% Jan
13
17% Jan
Square
Feb
37%
Dec
34
Jan
13
37
Jan
Squibb
106 % Jan
22%
Nov
20% Jan
92
Dec
89% Jan
47% Jan
25
3
31"
108
Feb
92
3
61% Feb
143
Dec
140
Jan
26
152% Feb
159%
Dec
152
Jan
13
165
Jun
70
Jan
25
Feb
65% Jan
36%
Jun
45%
Nov
42 % Jan
27
45
60%
Jun
74%
Nov
66
25'
69% Jan
•ftp
Jan
Feb
Par
10'
9
3
94
"
10,200
6974
2,100
LOW
Gas Co
7.50
Co_-—_.-—i..No par
2674
26%
26 %
26%
26
26%
26%
27 74
2674
2674
7,600
38%
3874
3874
38%
38%
3874
38%
38 %
! 39
3974
11,500
*7674
77%
*76%
7774
7674
77%
1-78
*76%
77
106%
*10574
106%
10574
974
9%
974
974
*10%
17%
17%
18%
20%
20%
21%
20%
21%
*36%
3674
36%
3574
3674
35%
3574
*17
36 74
21%
.
237'-
28%
29
3274
22%
32
2274
*85%
110
107 74
10774
23 74
2 3 74
*8474
16%
1 08 74
1374
52'%
*52
52%
*73%
74%
xl3
13
1274
45
108%
45
2374
1,300
86
*8474
.101
1774
16
74
16%
1674
16%
16 %
1674
108%
*108 74
108 74
•103%
108%
10%
*51
7374
4%
4
10%
4
1074
53
*5174
*73%
1274
13
13
"53
3974
45
"
3974
45
45
34%
35
35
1274
13
1274
3674
57
57
13
5%
*5%
*68
"
3,200
2,600
45
100
35%
3574
11,300
1274
13
47,500
36%
•
■
3774
3674
36%
36%
3674
37
3674
5274
5174
52'
51%
52%
52%
5274
52 74
3474
34
3474
34
34%
34
3474
x33 74
56%
57
56%
5774
*5674
5674
64
65
*63%
6574
5674
'
57
57
57
66
*63%
65%
6374
63%
' 12%
13
13%
13%
13%
13%
574
574
5%
574
574
5%
5.%
574
6
6
*68
71
71
24 74
24%
27%
2774
10%
974
1 0%
69%
69%
*574
*68
70
574
71
*62
5%
65
5 74
7074
*574
'
„
2,300
70
2,200
•*70
534
5,800
574
300
7074
5%
6
*68
70
17,300
11,700
13
13
574
*574
6
70
13%
*13
8.400
527a
34
50
24 74
24%
27%
*69%
12a4
3974
"
3474
9%
No par
200
5174
3674
'
13
*63%
100
75%
3974
*44
13
700
2474
24%
24%
24
24%
2474
2474
2674
27%
2674
27 74
2674
27%
974
974
974
974
9%
69%
69%
69%
69%
2674
27
10
9%
7074
2.100
10
70
70
8.300
74
17,000
7074
230
1674
1 674
16%
1674
1674
1674
1674
16%
1674
1674
■16%
16%
2,600
3 5 74
35%
36
36%
36
36 34
36%
3674
*36%
36%
3674
36 74
3,000
*107%
108%
108%
108
*107%
108%
*107%
10874
*107 74
10834
23%
23%
•-
common.*—1
'
,
'
*91
92
■
*107%
23
91
2374
91%
2274
9174
108
23 74
9174
2274
91%
•
"
20
23
22%
2374
x22
74
23
91%
9174
9174
90
%
90 3 4
130
6174
23,300
&: E Co
$4 pref—No par
61%
60
prior'preferred
—No par
*147
148
148
148
149
149
151
151
151
152 %
rl£l
—NO par
163
163
164
164
164%
164%
164%
164 34
16474
16474
165
165
6374
6374
9,400
151
$7 prior preferred
Standard Oil of
California.—No.par
3
Standard
Oil
of
7 *
Standard
Oil
of
Indiana
New
Jersev
2,300
20,000
1074
1274
-
35%
13
66,700
-
53
*73 74
13
39%
2,600
•,4%
"
75%
39
*44
173.4
1074
53
73%
101
;
4
.
1074
3474
r
•20
17%
1274
37
•70
86
16%
3474
3474
5
^
101 '/a
1774
3474
'52%
'
*8474
•
*9974
17
13
34%
700
1,600
2374
•99%' 101%
4
3,900
31%
12%
52%
•
2174
31
34%
3674
10874
*2i74
13
'•
31,500
23%
23 74
86
10774
*1
600
2274
31% :
21%
%
34%
27%
par
39%
*44
„
21%
*31
1274
24 74
No par
1374
3874
3974
1
—No par
1074
75
1
Brapcjs Inc com....No
74
*52
2
preferred
16%
*74
39
107
106
34%
'
"
1
—
10%
1,400
32 74
►
108%
17%
4
*44
.s
*8474
10174
108
45
105
8474
.
17
1074
29
2,900
23a4
22 74
23%
4
39%
2274
2374
108
,13%
39%
22 %
23%
4
*
>*3174
31%
1 08
10%
3174
21%
1 08
10%
3
28 74
3174
8.000
7
"
*2874
31
1674
5,400
36%
a
32
21%
*9974
17%
16%
1674
.
21%
-4
4
3
31
8474
86
101%
17
16%
*10 7 74
*9974
67
3 74
23 74
2 3 74
86
7
3
31
*21
21%
3174
17%
*44
22%
10874
10174
1074
2274
31%
17%
4
23
21%
36
674
3,900
'
22%
,
3574
35 74
2274
29
3274
31%
1.900
3,000
19
Xl9
29
2974
21%
"
7
*3
3274
*10074
-
7 74
3
29
109%
108
1
674
274
33%
23
2,100
1074
*
774
3%
2974
2274
*31
3%
10
374
7
7
3 74
77
73
10574" 16574
105%
97«
No par
preferred
Co
26
974
;1
(E Ri ,& Son£
2574
*1057).
10o
stock tr ctfs_„100
No par
26
974
preferred
—_1
2574
78
29
22,300
26
39
*32%
Shares
'
25%
10674
1
'
$ per share
$ per share
$ per share
2674
2674
v
Sales for
the Week
2574
9%
common..No par
& Bros Inc..
Friday
2674
25'%
2 6 74
*3
20
Feb.10
Feb. 9
Feb. 8
<105%
k
1,200
94
*92
Thursday
Wednesday
$ per share
$ per share
2,000
21,700
13%.
PRICES
SALE
9%
Edison..*....25
_„__5
HIGH
Feb. 7
10674
par
2—_____25
AND
"Tuesday
3,400
6
12.74
94
*92
3,800
15%
6
674
1374
1274
94
*92
94
1574
1574
.6
U*;u
13
974
—1—100
C9 com..4.50
*92
6
1274
13
<105%
<
No par
15
6'/«
1274
Feb. <>
s per share
*77
•
*6
Monday
38%
par
common
$4.50
Standard G
$6
'
94
26 7 4
26%
—15
$3.50 preferred
10
1
'
—No par
(The)„
Co
Standard
Feb
Jan
61
$4
23% Feb
94
5
& Ohio
D
13%
Feb. 4
n_i
Spencer Kellogg & Sons
bperry Corp (The)
Spiegel Inc common
23%
1574
1274
.
;
;
$5.50(preferred
Conv
1574
13%
Saturday
,
:
Sparks-Withington Co 4
23;
4274
1574
6 7'8
Greyhound Lines!—.5
Sugar com.No par
Spalding (AG)
9
Jan
4274
15%
5%
'
-
Rico
non-cum
Mobile
43 74
1574
674
*92
pfd—100
Platinum.:
1
G
4274
15%
13
•
STOCK
preferred
5%
9
13% Feb
?30
.
15%
43
7 5 74
Pacific
10%
90
-2474
24%
24%
1574
1
_
*66%
52%
Natural
56
24
2474
2374
6 74
*52
Southern
45 %
24 74
1574
*7 4
Railway
_
4274
1
:
Southern
10
89 74
•
3,700
19,100
—50
Southern
3
x33 % Feb
2374
x4174
—,_50
11
49% Jan
Jan
60
Pcrto
2474
24%
67
'
!
12
Dec
41
1474
-1474
90
*88
-90
*88
90
1474
14%
14%
1474
42%
E &
5374 Jan
51
Jun
1474
<88
90
*88
^
,
'*34.%
417 a
—l
38% Jan
Jun
25%
90
14%
%
California
13
14%"
42
Typewriters.No
Co
32%
Sep
86%
%
*85%
108
*8574
108
*107
103
105
1,000
96
.*9474
41 %
___4.No par
Southern
13
Dec
*8674
87%
iack;
6674
15,600
66 3 4
32
;
*
42 74
2..—No-par
Southern
3
34% Jan
52%
in«%
32%
,
67
96
10,100
l
1
11% Jan
Nov
•
8774
*105%
32%
67
♦
14
5
10
Nov
36%
Jan
106 >4
32%
*9474
9574
13%
Mines
20
12
Jan
Jan
67
6,200
14%
i.
Feb
Sep
18%
3274
67
70
1574
14%
America—
37% Jan
10 %
2814
98%
32%
*94%
1474
■
1474
L.,
preferred...
Southeastern
3
40
Dec
15
13
Corp—
conv
36% Jan
107
1474
13 <
preferred
574%
Apr
1
3274
*3674
*107
143/,
1274
Steeli
Corona
Aug
Jun
87%
14%
110
92
.*90
90
18,800
13%
G)i—_,_:_„No
preferred
NOV
Apr
Apr
106%
90
220
8%
8
1274
preferred—.„.100
&
14%
17%
106 3'4
93
:
1274
'
45
82
95
8%
99%
11%
f
40
100
67%
95
,8%
146
9974
.
5
■.'*
Jan
Apr
32 74
66
99%
4974
l—_—15
O)
Feb
71%
1474
99%
8%
8%
6,900
142
140
,
4774
4674
47%
47
136
99%
*98
*90
90
.,
47
135
46%
135
10,900
21
Cofp
36%
Jan
47%
135
10 74
4974
Coalition
26%
64
47
135
220
4,100
1074
.
2074
*„„„lo
4.20%
10
16
29% Mar
10%
51%
Carolina
11
J un
1074
21
Amer Gold &
Jan
Jun
1074
69%
South
68
6%
10%
38%
5074
South
51% Jan
22%
10%
1074
113
38 74
3874
20%
12
Oct
Oct
113
113
3874
67
10
Dee
26
3674
3574
113
38%
5074
28
52%
Feb
36%
11374
38%
66%
Socony Vacuum Oil Co Inc
Solvay American Corp 4%
71%
21
17,900
35%
113
3834
21
Iron_„—.20
3 74%
Smith
4
,
May
,3674
3574
113
38 74
4974
Co
(A
Smilh
26
17% Feb
10%
73
3574
3474
113
66%
(A) & Sons Carpet Co com..20
Smith
11
4
Jan
Dec
1,100
21
Sloss-Sheffield Steel &
12
7
Jan
53 %
1,000
1074
5174
Co..—
6
4
17
King
Sinclair Oil
Jan
7%
,
56 %
10%
66 •'4
A)1 Pen Co_—_„__1
(W
9
14% Jan
98
3%
Oct
58 74
10%
2174
preferred...—i: No par
(Frank
Simonds Saw
IT
Dec
14%
56
10%
50 34
Corp..L
cum
Simmons
25
Jan
Jan
56
11
6674
Dohme common——No par
conv pref series A_l.No
par
Shattuck
12
22
17%
5574
10%
21
&
$3.50
3
Sep
3
Steel
Shell Oil Corp.:.
Sheraton Corp of
3% Jan
100% Mar
3,500
51%
.
9
7% Jan
Jan
4,000
68
Gasi.
&
Sheaffer
3
25-
Sharon
Oil
8
13
Jun
1874
22
2174
:
Shamrock
21% Feb
25
10%
13%
2174
51
t
11
6% Jan
95%
1874
22
5574
67%
109
18%
2174
1174
3274
*86%
20
18%
22%
2274
95
*107
104
55 %
66 %
*106
1,100
3,500
*10174
104
1174
133
32%
*101%
67
1874
: 19
94
,
,
104
14 74
3574
6674
21%
1474
"25
66
&
Jan
2% Jan
31%
,
83% May
53% Mar
"
33%
.
*101%
104
14 74
35 74
*
21%
YORK
I
12
22%
Jun
Jun
3
127%
Jun
16%
19
Jan
34% Jan
Jan
6674
2174
$4.50 preferred,
4
Oct
24%
Jun
97
/
15,500
35%
51%
EXCHANGE
28 % Jan
27% Nov
May
14%
• h
66%
51%
common..^
NEW
16
'4% Jan
,
1374
;.v>
66%
21%
—
Servel
$ per share
share
Jun
May
14 74
35
x66
I
Co.—.....No par
Refrigerator Co
5
Highest
24%
83
13%
35
66%
15%
1474
24%
100
—.—
4
Roebuck
Jan. 1
Lowest
Highest
,
14
34 %
Del—No par
of
Co
STOCKS
Year 1949
$q>er share
1,500
69
preferred series A...
Range for Previous
Lowest
2174
xl4%
86 :,/4
*38
NO par
Seaboard Finance Co
36%
974
2174
22
"i
1474
.100
...
Air Line
4774
,
21%
'
Seaboard
Jun
<
21%
9,300
r
1374 Jan
2174
Jan
13 74. .Jun
2174
89-
'108
108
■,
'
21,74
90
107
86%
100
2,000
*87
95
?
600
5 74
8%
69
•
16%
53/8
8
33
Scovill
40
*1674
574
8%
3274
i
x3354
1674
574
8
*94
$4 preferred
40
1674
574
9974
*6674
No par
.No par
—
3974
16%
*98
1574
preferred
3974
99 %
15%
2,700
574
90
..
240
21%
39%
*95
5
$3.40
10
'
L—,
*87
21
•
*1674
8,74
8%
ilOo
21%
99%
Schenley Industries Inc————1.75
Scott Paper Co common
.No par
3
90
5
21%
2174
47%
47
133
131
21%
107
5%
10%
48%
*95
8674 Jan
1374
94%
100
St Regis Paper Co common
1st pfd 4.4077 series A—,
3174
Jun
preferred—
non-cum
130
9
Jun
47%
Co. —100
10;%
21%
900
9774
97'%
106 74
55%
38%
11
10%
100
vtc
38%
4974
*48
'
9774
107
16%
1874
35%
3874
49%
96%
10674
3974
104
113%
*113
113,
38%
Ry
Jan
Jun
78
57*
9
974
108
A
3
22 %
xl03% July
series
3474
3474
113
par
"It
4,800
12,700
13%
22 %
55%
11 %
22
55 %
11%
3474
—190
Co com vtc~-_~No
Southwestern
Louis
22%
8
66
19%
55 74
i„—5
——
19
10 3
39%
34%
6 674
104
19//«
22
Lead Co——410
Joseph
*102
104
1074
39
*48
97%
107
107
10%
39%
21%
35
65 74
14%
*54%
*11%
.....—5
Safeway Stores common.
St
f
...No par
—
Jan
8
Jan
May
3
Jan
(Jacob)
Ruppert
3474
66%
*102 *
1974
——1
:
Ruberoid
9
31
Jun
series
preferred
14
35
14%
49%
*48
97
97
180
9%
39%
39%
5%
5%
21%
14 74
66%
common.'——.20
Co
Haas
49%
35
Contrpls com—1
'preferred——'———25
conv
&
4%
18
58 Va Jan
35 Va May
109%
55
49 74
2174 Feb
68%
.
*48
13
31
109
1014
Jan
Jun
-
101 %
19
Jun
11
10174
3974
3974
9 %
9 %
9 74
Dec
Jun
40,
10172
101
101
102
39%
Jun
7%
10
3,000
9 74
21%
4,u00
7,700
*100%
22%
16a4
100 7-
*100%
5%
21%
22
400
108
16
16%
10074
2274
1 07%
—20
16%
*100%
5 74
*96 %
Inc.—
16%
10074
21%
*107 74
Mills
*10674
103
xl 674
2,300
33,700
5%
97%
5%
11
2674
22%
107%
21
1074
'
57 s
9%
*16%
' " 5%
108
12,600
2574
2674
103%
*107
'
18,400
*22%
39%
5%
1174
'a
474
574
*9%
38%
17
11
2574
6
4%
'
2274
107%
—.No par
11%
26
*11
2,500
1174
8%
*
5%
*96%
Mines
4%
22%
*48
Copper
7 74
474
1174
11%
•6%
5
29,100
92
5%
9674
Corp
11%
674
90
13%
*90
22 74
49%
Oil
11
6174
13
13% '
92
<■
574
107%
Company—
13
*90
*60
60 "2
60%
13
92
22 74
96%
Co
60
*100%
1 674
101
107%
36
21%
16 74
100
Manufacturing
3,100
25
series
1—.
10 74
674
107%
107 74
*100
100%
39%
,
10%
127b
1174
574
2274
10074
5%
22%
1,700
10%
26
series—•—_„ 100
21
28:
11%
17
200
874
23
1074
11
4:50'/;.
Mar
22
101
*3
8%
107a
*474
25%
26%
874
22%
5
3.60',;
Common,—..
Antelope
2,000
23
6%
4%
Preferred
18
2,200
15
22
11
6%
Preferred
X374
77
1674
*100
11
10
Jun
17
1474
60
10
Rheein
167«
15%
*90
10
50
*600
1238
17
1574
237a
1374
92
Jan
3
47% Jan
Shares
*22%
60
12%
*90
108
17
100
*59
9 7 74 Feb
Sep
Aug
12%
for
the Week
share
10%
107% Jan
15%
,
25 74
107%
5%
574
22%
22%
100% 100%
9%
974
—1
Spring Co—
iR J) Tob jClass B
10%
59
.59
13%
13%
*20
92
11
11%
6%
6%
474
5%
11 %
11%
26%
No par
convertible preferred
10%
5
2474
83
11
10%
59%
13%
92
11%
16
Jun
12%
10%
Sales
Feb. 10
Sper
12%"
12%
*1674
15%
<8
9
Jan
133/4
77
22 74
*8
94% Jan
Jan
%
22 74
106
40
98
Jan
10274
6
874
23%
108% Nov
42% Mar
'
"8%
23 %
11%
2.50
Inc—
Drug
17
26%
-—;100
—
9
Dec
78
preferred
13
3974
7%
conv
5%%
127<
*1674
1574
6%
5%
11%
Revere Copper & Brass com,. .No par
>
*12
17
13%
.
Corp com—-No par
prior pfd-series A,_H00
Steel
57'« Feb
10
85%
<
6%
»
12
16%
:
$1 convertible preferred
Reppblic
12
17%
8%
6%
5%
•*
Pictures common,50c
——10
Republic
;
12%
15%
23
11
2-1
20% Jan
Jan
;
——1—1
,
Aviation Corp
Dec
Jun
15*
Inet
Motors
Jan
4%
'
«
Co common
3%% series—s
Mlg
Republic
.
9
17
10%
'-'58
13
5590
Reo
2
Jan
8%
674 May
474 Jun
12%
17%
15%
15%
Friday
Feb. 9
$ per share
$ per share
share
.
8%
prior
Feb. 8
$ per
S per share
Thursday
Wednesday
12%
17%
22%
Reliance
:
6
90
1
No par
div
$1.25
Reliable Stores'Corp——
9
Apr
Jun
8%
73
& Co—
—5
Conv pfd
100
Remington-Rand common —_—50c
$4.50 preferred
—25c
10
preference—_i_ 10
11
Dec
—50c
Inc—___—
PRICES
SALE
Feb. 7
15%
<•12
17%
15%
No par
Co-—*
Bit
Bros
(Robt)
Rels
4%
5
Hosiery Mills com
Jan
15 %
HIGH
AND
Feb. «
$ per share
'
Monday, February 13, 1950
Tuesday
Monday
Feb. 4
$ per share
J per share
share
Saturday
'
EXCHANGE
Highest
10%
1874
LOW
STOCK
YORK
NEW
Range Since Jan. 1
Year 1949
$ per
CHRONICLE
FINANCIAL
STOCKS
Range for Previous
Lowest
&
COMMERCIAL
THE
(670)
,
5874
5874
57%
64%
6474
6374
25
4474
45
25
69%
6974
58%
57%
59
59%
63
6074
6474
64
44%
4474
44 74
44%
44%
44 %
69%
6974
67 74
67 3 4
67
67%
64%
60%
1,000
1,300
6374
6274
63 74
44%
44 72
4433
44%
8.800
67 74
68
6774
6374
31,900
.
.
17,200
Volume
171
Number 4881
THE
COMMERCIAL
Range for Previous
20
40
Oct
25% Jan
4
27% Jan
101% Jan
14
102 % Feb
2
Dec
18% Jan
24
Jan
3
48
10
38
July
35
6
Jan
30
Feb
50
7
Feb
Standard
9
32% Jan
4<fe
5
,
Starrett
12% Jan
3
Jan
28
Sterchi
27
39% Feb
10
99% Jan
4
33%
Dec
31% Feb
6
34 % Jan
Jan
12
Jan
3
14% Jan
31
13%
Dec
12% Jan
13
15 VA
Jan
18'A
Dec
25
18% Jan
4
12'.2
Feb
21%
Dec
20% Jan
13
22% Jan
11
16 %
Feb
23
Dec
26
Jan
13
29% Feb
9
17% Jan
14
V8 Jan
Jun
52
Dec
6%
Feb
9
Oct
Jan
Feb
Va
96
♦
Jan
13
8% Jan
66
Stores
(J
P)
Inc
&
3
10% Jan
Sep
122
95% Jan
20
96
55 Va Jan
25
9
60% Jan
Dec*
Sunbeam
Sun
Jan,12
118% Jan
14
9
Jun
11%
Dec
10% Jan
25
12% Feb
35
July
17%
Jart
16% Jan
30
18
Feb
16%
Jun
21'A
Sep
19
25
22
Feb
3
36 'A
Feb
60 %
7% Mar
12 Vs
Jun
227
Aug
Jun
Dec
55
Dec
14%
%
25
9
Jan
3
195
Jan
41
Jan
9% Feb
Sep
Dec
Dec
108'/«
Jan
Dec
Jan
60
9
Jan
4
11
10% Jan
4
38% Jan
27
41
Jan
4
Jan
4
109
Jan
18
107
11% Jan
11
Corp
% 7?>
10
17
3
99
•98%
•98%
99
99
99
98%
99
31 %
32
31 %
31%
31%
32
31%
32
32%
32%
14%
14%
14%
14%
14
6,500
14%
14%
13
14%
13
14%
14%
12%
13
12%
13
5,400
1
99
12%
12%
12%
*
12%
12%
70
12%
18
17%
17%
•17%
18
17%
17%
17%
21%
17%
21%
17%
21%
21%
21%
21%
21%
21%
22
27%
21%
22
27%
28%
27%
28%
28%
29%
59 %
29%
62
29%
29
63
29%
64%
64%
65 %
64%
65%
64
65%
66
1
9
9%
9
"96
98%
•96
*57%.
No par
No par
58%
58
•
'119
120
12%
12.50
9
8%
98%
9%
'200
•202
9
98%
57%
9
•96
57
57%
57
56%
56%
119%
119%
119%
120
11%
12%
11%
17%
12%
17%
17%
17%
67,900
17%
17%
17%
17%
18
21%
21
21%
20%
21
20%
20%
20%
21
55%
56
56
8,800
56%
56%
56%
56%
56%
2,300
9%
9%
9%
9%
10
2,600
9%
.
214
9%
•202
9%
214
213
213
10%
10%
10%
10%
10%
39 %
38%
38%
3
^._25
108
108
11%
36%
No par
No par
com
Corp
36%
12%
•108
108%
38%
108
108
37
36%
108
36%
12%
11%
12%
22%
23
22%
82
11%
82V4
6%
6%
b'%
6 IB
6%
108%
50
10%
11%
1,200
36%
37
11%
11%
11%
10,400
11%
18,000
23%
22 %
23%
26,700
82%
82
82
6%
•82
6
6
t) 74
400
108%
37
22%
82%
1,700
11%
36%
23%
•82
103
•11
12
22%
22%
82%
6%
10%
38%
36%
82 %
6%
10%
38 %
11%
23%
300
10%
11
82%
215
10%
11
23
215
3,400
•38%
11
82%
1
214
800
10%
37
12
214
57
•56
838%
11%
36%
12%
-
2,200
•118%
39%
11%
4.100
9%
98%
12%
%
10%
108%
8%
•96
119%
118
39%
*11
9%
12
119
10%
*108
64%
98 %
12%
119
12%
*39 %
100
%
9
•96
98%
500
11,600
99,300
12%
119
12%
216
9
•96
58
118%
12%
56%
10c
,
Gould
2,500
17%
21%
28
(The) —4.16%
Sylvania Elec Prcd Inc
$4 preferred ■
Symington
400
•17%
Swift International Ltd
7 Va Jan
30
•98%
10
20
83 % Jan
9,300
50
12% Jan
23% Feb
I,800
39%
30
20
Superior Steel Corp
Sutherland Paper Co
4%% preferred
3
9
14%
39
9%
9'A Jan
4
14%
38%
56%
Feb
3
14%
38%
9%
12
Jan
14%
38 %
56%
Jun
5.% Jan
14%
37%
9%
Sweets Co of America
Swift & Co—
19% Jan
30%
14%
38%
56%
2
74
•29%
14%
37%
___25
28
Jan
30%
14%
38%
17%
11% Feb
Nov
•29%
30
14%
37%
21%
37 Va Jan
Mar
30%
31%
15
38%
17%
4
6%
300
21%
13
89
50
17%
Jan
24 %
50
21%
10% Jan
,
7,300
50
25
34
v
19
25
Dec
Sep
19
preferred series B
Nov
Jun
19
14%
1
36%
3%
6
100
11%
17% Aug
18%
50
A
Jun
76 %
19
50
No par
series
8%
.
•30%
18%
•49%
32%
common
Feb
100
19
50
99
common
7'A
9,400
18%
•49%
14%
preferred
Corp
Shares
27 %
101%
—No par
27%
,
26%
101%
19
Sunshine Biscuits Inc
Sunshine
Mining Co
Superior Oil of California
17
Jan
27
102
l
preferred
4)2%
10
10% Jan
224
4
Oil
%%
26%
'1C1
32 Ve
common
Corp
A
Sum ay
27
102
the Week
9 8%
Corp
Chemical
Class
3
26%
•101
Sales for
10
50
•49%
31%
27%
102
Feb
$ per share
5
Sun
10
X122
26%
•101%
Friday
Feb. 9
$ per share
15
Inc
$4.50 series A preferred
Oil Co oommcn.j...
9
27%
Thursday
$ per share
15
5
100
Co
share
38'/8
1
common..
5 7c
prior preference
Stone & Webster
Stuaebaker
10
*30%
$ per
102 %
19
PRICES
Feb. 8
27
19%
SALE
Wednesday
•101%
50
HIGH
Feb. 7
$ per share
27%
102%
19
*49%
preferred
Stevens
27 %
>101%
1
No par
S__
Stewart-Warner Corp
Stokley-Van Camp Inc
7
Feb
Oct
.
66%
.
45% Jan
10
100
(671)
Tuesday
Feb. fi
$ per share
50
—
28%
8%
Bros
3 % %
9
14 %
30%
L
Sterling Drug Inc
10
15.
common
preferred
(The)
98% Jan
Jun
106 %
Co
36% Jan
Jan
127
convertible
Jan
Jan
117
Ohio
Jail
9%
52 Vs
of
Aug
100
9VB
90 '
Oil
AND
Monday
Feb. 4
3%% preferred series
Standard Steel Spring common
41 %
Jan
24V4
%
48
Jan
20
13
Oct
94
Dec
Saturday
Par
10
Dec
,
CHRONICLE
LOW
STOCK
$ per share
20%
,
Jun
.
$ per share
YORK
EXCHANGE
102%
Jun
Jun
x27
NEW
Highest
27 %
96 % May
;
Lowest
$ per share
Jun
12
Since Jan. 1
Highest
$ per share
FINANCIAL
STOCKS
Year 1949
Lowest
&
.
190
6
%
II,200
T
9%
2%
Jun
12%
Jun
13%
6%
Jun
48%
Jun
18
Dec
11% Jan
5% Jan
23
Dec
Nov
65%
9
17'
Nov
Jan
12% Feb
6%
3
Talcott Inc
Jan
62% Jan
Texas Co
1 T%
Jun
18%
Nov
15 Va Jan
Jan
Texas Gulf
Jun
70%
Dec
69
Jan
3
73% Feb
Texas Gulf
16%
Jun
26 %
Nov
21
Jan
23
23% Jan
Texas
17
33%
Feb
58%
Dec
53% Jan
3
59% Jan
36
Jun
48
Dec
45
Feb
10
48% Jan
6
8
Jun
11V4
Jan
10% Jan
3
12% Jan
31
'13% July
15%
Jan
14% Jan
3
16% Jan
4% Mar
25%
8%
4%
35
14
1 %
14%
41%
Jun
7%
Jun
share
31
$1.25
certificates
Pacific
Inc
3
32% Jan
25
13% Jan
17
The
3
6% Jan
11
3% Jan
5
4'/2 Jan
6
Jan
$2.50
1
84%
20
Jan
Jan
3
19% Jan
11
Thomas Steel Co
9
Mar
7
Jan
13
7% Jan
10
Dec
52
Jan
Thompson
Thompson
17%
13
55% Jan
18
Apt-
95
2 % May
23% May
3
5% Feb
40
Dec
38
Jan
13
42% Feb
6
19%
25%
Jan
25>
Jan
3
24% Jan
30
4%
Jun
102% May
13% Jun
94% Jan
Oct'
107%
4
3% Jan
105% Jan
Dec
19
Nov
32%
Dec
Jan
34
Jan
6.
106% Feb
16% Jan
36% Jan
$3.50
$3.75 preferred
Timken-Detrpit
5
Timken
Range for Previous
Range Since Jan. 1
Highest
$ per share
10
Lowest
$ per share
58
57%
47
*46
■
-
NEW
Highest
$ per share
YORK
t
•
16'A
7%
32%
•13
13%
6%
6%
38%
6%
•38
6%
38'%
*94%
18%
18'%
18%
18%
18%
7 Va
7Va
7 Va
7'%
*7'%
7%
54%
54%
96
*94%
5
96
5
42%
24
23%
24
106
23%
v
LOW
Saturday
'•
Par
25% Jan
6
36% Jan
5
34% Jan
6
,
17%
17'A
17%
17'A
17%
18'A"
18 %
18%
18'A
17%
18'A
17 %
*16%
17%
*16
9%
9
*16%
par
"
9%
9%
*107%
prior
Co
preferred
1
20,600
*107%
108
*107%
Friday
Sales- for
Feb. 10
Feb. 9
the Week
$ per
share
•
Shares
-
17%
17%
•16
17'A
17%
18'A
17.%
17
%
Thursday
$ per share
17%
18%
17
9%
9%
107%
107%
9%
108
*16,
17%
17
9%
108
17%
*16
17%
■
57,500
18'A
17
3,600
.
.
9%
9%
9%
25,300
108%
107%
108'A
390
12'A
12%
12%
12%
1 L%
12
12
11%
12
12
12%
24%
4,400
24%
24%
-24%
24'A
24%
23%
.24%
23%
23 %
23
23%
3 6'A
14,100
*35%
"36'A
3 5'A
35%
35%
35%
*35'A
35'A
35%
35%
103
*102
-
103
*102'A
*102
103
12
103
103
103
9%
33
1
9%
33
5%
*32%
•
5%
9%
9%
9%
-
33
5%
>
9'A
9
9%
400
102'A
102'A
300
9%
8%
8%
1,300
31%
*31'A
32
340
4%
5
1,500
-
50
.
9%
108
*9%
conv
24
23%
*35%
conv
Coach
$ per share
17%
Twin City Rap Transit com—No
j?ar
5%,
Feb. 8
$ per share
$ per share
24
TRICES
Wednesday
5
*101%
Twin
SALE
Feb. 7
2
„
preferred—No par
$4.50 prior preferred
—No par
9
HIGH
Tuesday
Feb. (5
$ per share
20th Centuty Fox Film com__No
par
27
Jan
AND
Monday
Feb. 4
13
3
2,000
340
351/4 Jan 20
Jan
22,800
6,800
31
6%
10
4%
41
6,800
12% Jan
4%' Jun
96 %
4%
41
34%
par
Tri-Continental Corp common
1
$6 preferred
No par
Truex-Traer Coal Co
5
10% Jan 24
*96
*%■
42
2,100
34%
3
5
54%
35%
9
18
800
700
54
34%
1083s Feb
8% Jan
24
2,700
7
*
96%
4%
*41
4'/a
18%
7
55
*96
4%
41%
*
4
18%
7
54%
96
4%
41%
'
4%
18%
7
54%
96
5
41%
4
*18%
35%
3
29V4 Jan
4% Jan
54%
96
41%'
4%
34%
104% Jan
Nov
4
54%
4%
42%
180
37%
34%
Oct
Nov
4
*94%
5%
42%
37%
37%
3%
4%.
"Ml
1,900
37%
18%
54%
6'A
37%
54%
*53%
100
6
6'%
7 Va
3%
13%
6 Va
4'/8
4
*13
37%
38
210
13%
6%
18%
7
7%
32
6 Va
6'A
38
7%
34%
108'A
10 %
*13
35%
Feb
34 %
32
13%
35
18%
Jun
7%
31%
35%
11
Jan
7%
31%
*13
35%
11
5
5,400
7%
*31%
13
14%
Jan
Jan
8%
32%
7%
31%
105%
9% Jan
103
7%
32%
7%
31%
14%
3
$1.50
200
105%
13
6
16%
14%
8% Jan
Jan
*16'A
105%
15% Jan
Jan
16%
*16%
14%
Feb
23
16'%
23%
Dec
102
16%
1
3,500
105%
9%
Dec
16'A
4,400
14%
16%
Dec
700
12%
23%
Feb
Dec
45%
11%
106'A
6%
,
56%
45
12%
14%
Transamerica
Jan
56
46%
12
23'%
Trauscont'l & Western Air Inc
Transue & Williams Steel
No
10
56%
*45%
12'%
*105%
4
Jan
55%
46
12
14%
5
18
56
45'%
11%
106'A
17% Feb
,
56
46'%
11%
13
:
13%
*18%
STOCK
Corp
56%
46%
,
16%
7%
EXCHANGE
$ per share
-56%
.
12 '/a
*16 Va
'«
31%
*■
58
47
11%
7,700
14%
19% Jan
4%
5,400
105%
13
M
22
14%
16% Jan ' 3
25%
37V4
21%
14%
14% Jan
103
22%
*105%
Dec
Jan
22%
14%
Dec
Sep
22'%
106%
17%
Jan
4,200
22%
14%
16%
!2%
22%
*105%
Jun
19%
22%
—5
Jan
)8%
23%
—No par
—
Bearing—„_No
Jan
15 Vs
22%
23%
[0
9% Aug
16
23'/a
72%
'
10
com
LI %
,.
15%
71%
STOCKS
Year 1949
Lowest
16 Va
72%
*3%.
.
No par
Axle„
Roller
22,600
16
72
No par
com
61%
16'A
72%
*38
1—100
Co
preference
Tide Water Associated Oil
11
25
preferred
61 Va
61%
15%
72
6%
No par
conu
61%
61%
61
900
16'%
*7%
1
Products
2,900
,
73'
31%
*——15
Thompson-Starrett
7
3
Jan
4%
6
5
14% Feb
43 'A Mar
96
<The)
18%
15%
1
(J R)____..i
18 Va
72%
*13
preferred
50
tThird Avenue'Transit Corp.No
par
56%
600
16'A
18'%
'
16%
57%
convertible
Jun
61%
5%
73%
•46
No par
—...
common...
Nov
6
34%
Va
12%
5%
16 Ve
•16%
6
2
61
12%
5%
73
*18%
5% Jan
38% Feb
61%
12%
5%
18
16%
No par
30% Jan
12% Jan
4
61%
*12%
5%
73%
23
Thatcher Glass Mfg Co common.—5
$2.40 conv preference—No par
36% Jan
62
12%
t
16%
12%
10
Oct
17%
12%
8% Feb
Co
18%
_5Pc
3
Thermoid
17%
61%
^100
preferred—.
Fair
5%
18%
73%
1
Ry Co
common
conv
5%
*18%
Trust—
7% Jan
Aug-
6%
Mar
Sub
Texas &
Tetion
Land
Oct
32%
Jun
Pacific
*12%
5%
12%
5%
12%
*5%
18%
*
—10
Jan
Apr
Dec
12
Nov
9
25
Oil—
12%
5%
18%
r,
Producing Co___„10
Sulphur—No par
&
12%
*5%
,_5
1
12%
*12%
5
v
1
Pacific Coal
Texas
_9
,
:
—
56
13
1
Telautograph Corp
Tennessee Corp
18% Feb
59% Jan 25
(James)
'
*32
•
5%
31%
32%
5%
;
32
5
5%
31%
5
5
5
U
8%
Jun
10%
Dec:
Nov
46
Jan
10%
Feb
12%
19%
Jun
31%
Apr
Jan"
.39
33%
1C7
,
Jun
451/2
Jan
86 %
/112
Jan
;
94
Jan
42% Feb
9
30
90% Jan
30
Jan
30
Preferred
$3.70
series..
92% Feb
9
Preferred
$3.50
series
25
25% Jan
13
106% Jan
3
13% Jan
25
Oct»
80
Dec
Dec
Jan
% Feb
9
Oct
3
;
51% Feb
4%
34
/ Feb
27% Jan
110
5
86% Jan
5
Jan
3
Jan
34
Jan
25
37
Jan
40
Jan
17
42% Feb
Jan
3% Jan
Sep
3%
Dec
70
3
44% Jan
4
3
49
Feb
3
4
Jan
9% Jan
17
United
64% Jan
Dec
16
72% Feb
10
7%
9
11
22%
Jan
4
18% Feb
3
42%
Dec
,'■40% Jan
13
43% Jan
12
55%
Dec
53% Jan
13
f
16% Jan
..
60.% Feb
Dec
17% Feb
8
191/4 Jan
11
Dec
261/4 Jan 27
27% Feb
6
13%
Sep
12% Jan
3
141/2 Jan
20
Feb
7
24
Jan
7
23% Jan
12
Feb
307 s
Dec
27% Jan
102%
Nov
101V2 Jan
3
105
Jun
17%
Jan
15% Jan
26
17
XF9%J Jun
Jan
175
Jun
6%
•1161/2
25
23
120% Jan
-9
Oct
182% Jan
4
187% Feb
8% Jan
46% Jan
10% Jan
11
54% Jan
10
Sep
Jan
Apr
Oct
22% Feb
Jun
9%
Dec
o%, Jan
Jun
30 %
Dec
23%
11%
Jan
16%
Oct
15% Jan
.7%
Jan
8%
Apr
8% Jan
15%
38
Jun
£2%
For
49%
Jan
Jan
72
Dec
footnote!
aee
tmee
&
S
*
U
S
1st
7G
25% Jan
Jan
9
10
3
U
Feb
32% Feb
18
18
1
Feb
4
8% Jan
27
49% Jan
10
70
Jan
5
71% Feb
3
Leather
Partic &
9
% Jan
S
U
S
Lines
Co
conv
Co
common
class
A.'
common.'
4%%
U
S
U S
preferred
Pipe & Foundry
Playing Card Co
103%
103%
103%
26 Va
26%
26%
26
26%
14,700
84%
84'/a
85
84%
85%
4,500
*51%
52
51%
51%
•
3
99
92»A
03%
103%
51%
51%
33
33V2
33%
33%
34
34
26%
26%
26%
26%
27%
26%
27%
110
*108%
109%
*108V2
109%
*1081%
14%
31
?$%
35%
*42
6'A
*108%
81%
14VS
51%
110
14%
14%
80%
*80%
*31
31'A
311/8
*108
1091/a
80%
109%
9
8%
35%
*35'/a
43
42
*108
*8%
8%
35
35%
42%
-
*41'A
14%
14%
83
141%
"
130
1,600
2,300
15,200
109
14%
10,100
*80%
83%
*80%
82%
4.00
31%
31%
110
14%
380
31%
X31
31%
3,100
*108
9
*8%
110
*108
35
*8%
35%
42%
42%
42%
110
8%
300
35%
8%
35
'
35'A
1,200
43%
400
*42
3%
3(4
3%
3%
3%
48%
48%
48%
48%
3%
3%
3%
3%
3%
3%
3%
3%
3%
3%
71,000
9
9
9%
8%
8%
*8%
8%
8%
8%
9
9%
3,700
70%
*68'A
17%
60
"
70
-
70%
70%
70%
6,000
450
70
70
72%
17%
17%
17%
17%
17%
18
18
18
1,800
40%
40%
40%
41
41 '/a
41 'A
41
41%
1,900
60%
59
59%
59
59
59%
59
15,600
17%
17%
18 Vs
17%
18 Va
38,500
27%
27%
27%
27%
27%
12,100
13
13%
713
13%
21%
20%
21%
20
20%
21 Vs
21 Va
20Vs
20%
19%
20%
15%
—20
'114%
114%
*186%
189
29%
.
29%
104%
/
104%
28%
*104
29
104%
'15%
16
15'A
15%
115%
116
115%
116'A
*186%
189
.
9%
9%
*186%
9%
50%
50
50
9'8
24
No par
23%
23%
23%
No par
No par
9%
9%
9%
,
1
-
1
32"
-
31%
32
17%
18
;.17%
.
18
8%
20
45%
45%
45%
10
71 %
71%
*70%
*8%
.*49
9%
32
*8%
45%
72
23
189
9'A
12%*
-
12%
13
13V8
13%
12,000
20%
-
20%
20%
21%
20%
21%
26,800
20%
20%
20%
21%
21
21%
31,200
29
29%
7,700
*104
104%
29
*104
29
104%
15%
*15%
16
15%
115 %
115%
119
115%
187
189
*187
9'A
189
9%
23 %
23
23
31%
8%
45%
71%
*187
9%
9%
15%
119
10
500
7,200
189
9'A
700
50
50
50
22 %
22%
22%
22%
2,700
9%
S%
9%
9%
9%
6,800
31 %
31%
301/4
31 %
32%
17%
18
17%
18
8%
*8'A
8 'A
45
:8%
8%
44'A
44%
-3,100
:U
70 Va
100
17%
44^
9%
*49'A
17%
"*70'
e
50
31%
29
104%
15%
50
9%
*£.'A
28'A
•104
13
114'A
-
50
:9%
•
..
8%
58%
17%
27'A
13%
29%
59
17%
27%
18%
27%
105
58
17%
17%
27%
«
59%
290
27%
18Vb
*9%
3%
49
18
27%
*50
70
*48
41%
15%
5
70
3%
3%
49
17%
21%
100
3%
48'.%
41
13%
*
3%
49
18
18
•
3%
*48
41%
10
Co
92
3%
29%
*104
com
*96
92%
33
*51%
100
98%
91%
49%
100
Machinery
841/8
8,400
20,700
3%
No oar
preferred
4%'V
85%
*103
>
32%
*108
8%
_No par
common
26%
27%
1
No par
26 %
44
112
91%
91%
1031/4
*96
28%
43 Va
*111%
2
30%
35%
3%.
41%
Theatres—1
preferred—
Hoffman
..
10
interest
9 81/2
28
44
32%
81
43%
r*68
13%
Foreign Securities
Freight Co
Gypsum Co
S
U S
of
*96
28%
111%
27
14%
.
109%
9
100
1
43%
84%
51%
28
111%
26%
-
28(8
43%
111%
*48%
>
,
-No par
preferred—
U S Industrial Chemicals
44
24
Co
Paramount
$4.50
U
2
187
10%
2%
4
Jan
26%
May
17%
U
24
Jan
110
'
Fruit
Certificates
9
Jan
•
Dec
57
43
301/2 Jan
4
14%
8%
1,800
2,300
•108%
83 %
*42
12%
26%
31
35%
,
Dye wood Corp common— .11
preferred
United
3
19% Feb
t
oar
51%
2,300
42%
12%
32%
'
110
31
No par
United
Dec
Dec
10
.No
9
25%
Mar
Corp
Corp
United Gas Corp
United Gas Improvement Co
United Merch & Mfrs Inc
26
18%
Carton
Co
Fastener
51%
33
27%
*108
United Electric Coal Cos
——5
United Engineering & Foundry
5
4
19%
26%
12%
-
33
10%
42%
12%
103%
27
86
14%-
United Cig-Whelan Stores com—30c
$3.50 convertible preferred
_100
United Corp (The) without div
1
13
.
&
Carbon
193%
84%
10%
43
12%
43 Va
91%
26%
10%
43
12%
28 Va
98%
c 103
10%
42%
111%
44
*91
10%
42%
12%
28
*96
27
.'*81%
10%
-
111%
91%
85%
,
No par
*
3% Jan
*
preferred
43%
98%
103 %
°.108%
No par
27%
111%
"96
26%
-10
common
America
12%
"91
85%:
51%
100
of
42%
91'
.26%
100
preferred
United Board
United
preferred
28%
10%
42%
12%
111%
t
No par
10%
v
43% -.44%
111%
>
common..1.5
Inc
12%
98%
91
*103
I
preferred—50
Corp
Lines
United-Carr
.8% Jan
Dec
9%
9% Jan 28
Air
Biscuit
$4.50
12
471/2
94
4%;%
7
Oct
No par
Co common
convertible
United
11
Dec
Aircraft
United
1
38%
;
5'c
'
7
32% Jan
■108% Feb
40
8 ■'
series—
non-cumulative
♦United
18
15% Jan
7
3
$4
Union Tank Car Co—
10
Jan
26
;
30% Jan
106% Jan
>
-
10%
42%
28%
44%
lll'A
*96
50
Preferred
10%
42%
12%
1
28%
44Vb
-No par
Union Oil of California
12%
28%
No par
Unicp Pacific RR
103% Feb
42%
.111%
par
27% Jan
31V4 Jan
3%
El,Co of Mo pfh $4.50 ser—No
881/2 Jan
Oct
9%
Union Bag & Paper Corp—No par
Carbide &«Carbon—No par
Un
10%
42%
12%.
Union
24
Jan
Oct*
•10%
.
5
25
Dec
85%
1
Co
25
36%
31%
96
6
L
No par
Rubber
Jan
27
106 Va
29% Jan
25% Jan
50
14%
--
82% Jan
*
Feb
109%
Undc-rwood
Unioi) Asbestos &
11
103
51%
11
45% Jan
Jan
(The)—*
Corp
^
10
112% Jan
Jan
Corp
13V4 Jan
13
.
96
Sep
Jan
Udylitc
44V2 Jan
6
3
13
42
Aug
32%
20
lll'A Feb'l 2
'
Nov
89 %
.
11% Jan
Jan
12
.Aug
94
7
26% Jan
Dec
96
10% Feb
9%
31%'
*8 A
44°b
*70
45
71%
44%
71V
•
100
-5,600
18,100
24
Range Since Jan.
Year 1949
4 per
S per share
S per
share
24% Jan
Dec
19% May
30
82
3
29% Jan
25
U
93% Nov
Apr
43
Jun
333/4
Oct
Jan
37% Jan
3
445J, Feb
126% Jan
18
131% Feb
10
Apr
37% Jan
13
Oct
72
Jun
7'i
Jun
Jan
67% Jan
21
25% Jan
30% Feb
6
140%
18 %
66% Feb
Dec
26%
12934
8r/c
Jan
139
21
142
Jan
Nov
22
Jan
11
38%
Jan
44%
Sep
41% Jan
4(4
Feb
6%
Nov
5V4 Jan
26
5% Jan
5
8%
Jun
11%
Nov
10% Feb
9
11% Jan
10
Apr
92
Dec
4
Jan
80
23,4
Jun
Oct
27
12%
Jun
17%
Jan
15
3%
Feb
9%
Sep
9
Jan
11
5% Jan
Jan
9
16
3
4% Jan
3
Jan
25
x25
Jan
9
Jan
16
166
Jan
28
10% Jan
13
11% Feb
2
59% Jan
3
61 % Jan
27
20% Jan
13
23% Jan 11
Vanadium
Jan
3
10 % Jan
12
Van
Jan
3
28
6
Van
12%
Dec
Jan
64
Dec
Apr
Jun
25%
7%
Nov
11% May
20 Va
Jun
27
10
Feb
13%
9"
26
Nov
% Feb
4(4preferred
"
Jan
25
Oct
22% Jan
7
Dec
20% Jan
93; Jan
26
97
10
-98% Jan
17
Dec
98
Jan
10
98% Feb
6
27
49% Feb 10
Jun
91
liy4
Jun
113%
Dec
Feb
115
Jan
Jan
6%
17
22% Feb
Jan
25
Virginian Ry Co common
25
6% preferred
25
VLsklng Corp (The)
5
Vulcan Detlnning Co common——20
12
*30% Jan
7
Feb
8
30-
26
26
Dec
32%
Jan
28
Nov
33%
Apr
29
25%
Jun
33%
Oct
31% Jan
23 % Mar
30%
Api
28/
Jan
11
29% Jan 17
32
Apr
31% Jan
11
32
Jan. 13
37
3
7% preferred
30
Jan
Mar
45
Jun
60 %
Jan
56
Jan
13
57% Jan 30
Wabash RR 4%%
12
Jun
14%
Sep
13% Feb
7
14% Jan 10
Waldorf
29%
29 s 4
140%
140%
140%
21%
21 %
21%
42
42
42
5%
140%
140%
21%
42
*
*24%
26
*24%
26
15%
*15%
16
15%
15%
5
5
5
24%
*164%
167
21 %
21%
42
42'%
■
2,700
200
5%
5%
806
10%
10%
*10%
10%
3,200
*97 %
26
3'%
15%
15%
500
4%
2,800
243%
4%
4%
4%
5,300
26
*24%
16
16
100
3%
3%
3%
*24%
4%
*97%
100
1.800
*24
24%
24
24%
24
*165
167%
*1G5
167 %
*165
11%
11 %
11
11%
10%
11%
10%
10%
7,500
60
GO %
G0%
*58%
59%
90
21%
21
21%
21%
21V*
2,000
60
61
*60%
62
21%
167%
'165
11%
2,600
24%
*23%
167
11%
11%
142
5%
15%
4%
5
4%
24%
23%
4
5%
26
*24%
*
16
131,500
140 3
42%
21%
3%
3%
3%
3%
3%
3%
3%
26*
600
30%
29%
30%
141
*42
100
*97%
100
2,200
10%
10%
10%
*97%
100
*97%
1,120
38%
07%
5%
5%
5%
10%
10%
10%
10%
100
5%
5%
5%
*
131%
38%
€6%
30
18,600
G6 %
38%
66%
42%
168
62
*60%
22
21%
21%
21%
21%
10%
10
10%
10
10
10
10%
9%
10%
10
10'%
28%
27%
27%
X27%
27%
1,500
21%
28%
28%
28%
13%
13%
13(4
13%
13%
13%
13%
13%
13 V*
13%
4,900
22%
22%
22%
22
22%
21%
22%
21%
22
21%
21%
3,900
99%
*98%
99%
*98
98%
98%
*97
47
47%
28
13%
101
47%
%
7%
7%
7%
84%
84%
84%
115%
115%
22
*21%
22%
28%
*28%
19%
115%
22%
22%
29%
29
29%
*21 %
22%
29%
%
29%
29%
29%
37%
*36%
37%
29'%
*28%
29
*28%
29
33
*32
33
57
*55%
57
29
360
29%
1,600
29%
2,200
29%
29%
37
*32%
34
*55 %
57*4
*55%
500
37
*28%
29
*
34
*32 %
57
*36%
29
*28 %
34
*32%
22 %
29%
29%.
29%
37
120
*21%
22%
37
36%
*28%
14,200
116
*115
*115% 116-
29%
*28%
29%
*36%
29
83
19%
29%
•
900
81%
19%
*21%
29%
37%
29%
*36%
*28
*32
xl9%
19%
115%
19%-
115%. 115%
4,200
7%
7%?
83%
29%
/ 19%
19%"
19%
19%
116
120
•.19%
*83
84
84
2,500
100
*99
7%
7%
7%
7%
7%
83%
10
49%
48
*99% 101
100
100
100%
99%
101
*97
47%
47%
•
*97
101
*97
48
48.
99%
*98
101
*97
48
100%
101
*100%
100%
47%
99%
*98
99%
101
7%
*
3,600
28
28
83%
20
30
30%
7%
Va Iron Coal & Coke 4% pfd
7
30%
83%
19%
*115%
22
—100
partic preferred
30%
38 %
21%
100%
100
preferred
dlv
30%
44%
131V*
131%
131
38%
68%
38
140%
*47
5
Virginia Elec & Power Co com—10
$5 preferred
100
3
Jan 10
117
18
20
27% Jin
3%£>
*66%
21%
22 %
*98%
*97
Va-Carollna Chemical com—No par
11
19% Jan
23% July
Jan
8% Jan
96% Jan 11
18% Jan 18
118.
Jun
14%
79
20
Jan
Jan
27
Jan
68'.4
140%
13%
non-cumulative preferred—100
Victor Chemical Works common
Jan 23
101
10
Jan
6% Jan 27
Jan
118
82% Jun
15%
Jan
99"
Dec
100
Jan
■
5
45
Dec
47
33% Jun
5%
*66%
43 %
10%
*27%
Vlcks Shreve & Pacific Ry com—100
98
20
9
67%
4,800
95
*92%
95
43%
*21%
10
85%
14% Jan
3
38 V*
66%
*41%
*24
* 16*4 %
11%
*61
Corp of America—No par
Co
2.50
85 % Mar
12% Jan
130%
42%
130%
21%
5
Vertientes-Camaguey Sugar Co—.6%
Vick Chemical Co
2.50
Jan
130
'a
38%
42
Shares
27%
26%
27%
42%
42%
130%
Sales for
the Week
$ per share
share
*92%
95
42
38%
42%
27%
42%
3%
*24%
*15%
Norman
Raalte Co Inc
•92%
130%
42%
130
30%
140%
10%
*97%
100
1
100
preferred
8%
Universal Pictures Co Inc com
94 Va
38%
42%
26%
26%
$ per
5%
Universal Leaf Tobacco com—No par
23
Feb
26%
*92
94%
share
S per
share
26%
26%
Friday
Feb. 9
F eb. 8
21%
*41 %
1
Laboratories Inc
Universal
161
Mar
7
17
11
Sep
170
156
43%
Jan
Jun
25%
Jan
26
4% Jan
27% Jan
100
3
3% Feb
27%
19%
Jan
7
24
Jan
95
Feb
21
$ per
share
*92
94 %
3(J%
140 %
_No par
7'% preferred
—100
U S Tobacco Co commonNo par
7'/o r.on-cumulatlve preferred—25
United Stockyards Corp
1
United Stores $4.20 non-c 2d pfd__5
$6 convertible preferred___No par
United Wall Paper Inc common
2
4% convertible preferred
50
Universal-Cyclops Steel Corp
1
3
Jan
43
preferred
26%
130%
130
39%
*38%
08%
*67
U S Steel Corp common
10
Jan
21% Feb
1st preferred
Ref & Min com
non-cum
U S Smelting
40% Jan 20
Mar
62
20 V*
10
100
50
50
U S Rubber Co common
10
Jan
46%
100
preferred series A
$ per
26%
26%
*92
42%
1
Plywood Corp common
S
3%'«
133
3134 Aug
112V4
Feb. 7
Feb. 10
Thursday
Wednesday
Tuesday
Teb. H
$ per share
Par
$ per share
share
Monday
Feb. 4
EXCHANGE
Highest
Lowest
Highest
PRICES
HIGH SALE
Saturday
STOCK
YORK
NEW
1
AND
LOW
STOCKS
Range for Previous
Lowest
RECORD
STOCK
YORK
NEW
Monday, February 13, 195Q
CHRONICLE
FINANCIAL
&
COMMERCIAL
THE
(672)
34
32 V*
W
31%
105%
21%
6%
Jun
17
32% Feb
103
Jan
11
104% Jan
3
31
Jan
13
Feb
10
Walker
10
Walworth
Nov
33
Jun
Oct
Dec
Jun
May
25%
101
30% Jan
34
4
9% Jan
9%
Jan
xl2
Jun
17%
Dec
16
Jan
3
x87%
Jun
101 %
Dec
97
Jan
16
9%
18%
16%
Jun
Dec
30%
Jan
7% Jan
14% Feb
19% Feb
102
Warner Bros Pictures
38% Feb
3
Warren
6
Foundry & Pipe
Petroleum Corp..
Dec
29% Jan
14
Jun
22%
Jan
xl6% Feb
10
18% Jan
Warren
Jun
25%
Dec
24% Jan
28
25% Jan
15% Jan
Waukesha Motor Co
11%
14%
Jun
13% Jan
Sep
4
Jan
24%
Dec
21
Feb
10
Apr
17%
Nov
14% Feb
4
16% Jan
33%
Xl9%
Jan
6%
Oct
5% Jan
3
6% Jan
12
Webster
Jun
27%
Jan
24% Jan
13
27 % Jan
12
Wesson Oil
24
84%
Dec
84
Jan
5
85% Feb
23%
Jan
20% Jan
3
23% Jan
18
Sep
143/4
Jan
25%
Apr
104%
115
Sep
108%
108
101% May
12%
1734
Dec
13
21% Jan
4
13
26% Feb
10
West Penn
Electric Co
18
113% Feb
7
West Penn
Power 4%%
7
109% Feb
107% Jan 13
108 % Jan
109% Feb
Jan
Dec
13% Jan
Jan
Jun
50%
Dec
46
Jan
25
108%
Jan
103
Jan
4
preferred series B
preferred series C
West Virginia Coal & Coke
4.10%
7
Jan
3
West Va
109% Jan 26
4%f*
Lowest
Highest
S per share
5
Feb
32% May
8%
$ per share
8 Va
NEW
Range Since Jan. 1
Lowest
Highest
Year 1949
13
9% Jan
Deo
40
Jan
12
44 % Feb
16% Deo
Feb
16
Jan
3
18% Jan
26
Western Maryland Ry com
Sep
33 %
Dec
31
Jan
3
35 % Jan
20
Jun
30
Jan
28
Jan
3
33% Feb
Jan
9
18
23 % Jan
4
53%
13
'
70% Nov
Jun
73
25 Va Jan
3
33
Jun
102
13
Dec
30 % Jan
13
Aug
103% Jan
6
Jan
22 % Jan
25
26% Jan
Jan
13
Jan
3
34% Jan
Feb
*21%
3
19% Jan
104
21% Jun
98%
66% Jan
Dec
24
May
20% May
4
4%
26
26%
Mar
115
48%
Jan
71
89%
Jan
23'/b Mar
32 %
44
.
81
Dec
,
30% Jan
1,000
22
*21%
22
21
21%
200
14%
14%
*14%
14%
14(4
15
5%
5%
5%
14%
14%
T
5%
6
*21%
21%
*21%
22
25%
25'4
25%
25%
25(4
85%
85%
85%
85%
85
85%
22%
22%
22%
23
22%
23%
20%
20(4
20%
20%
20 (a
20%
14 "4
14%
49(4
49%
25 7
*112*4
109%
109%
*109
109%
108%
•108 Va
108*2
14%
14(4
14%
14%
14%
48(4
49
48%
49 V*
,108% 109
,
r
LOW AND HIGH
8%
8%
42%
43%
43
17%
33%
17 Va
17%
33
!;
33%
>32
t per
8%
42%
42%
17%
17%
*32
33%
32%
32%
68%
*67
27%
27%
32%
* 104%
100
100
No par
,
No par *
20
*109
*46%
85 '
*30%
32%
31%
32%
105%
105%
105%
*104%
105%
*104%
105 %
100
24%
23 V*
23%
22 %
22%
600
V*
*109
24
•109
114
*23%
24
114
24%
*109
45%
46%
45%
86
85%
86
31
45%
45%
86
31
*30%
31%
31%
*85
31%
1
79%
10
Jun
13%
21%
14%
Jan
$4.50
5
4
Nov
81
Jan
10% Jan
6
Dec
19% Jan
3
Jan
140
Nov
Jun
35
Nov
44
"Sep
49% July
.
Feb
9
11% Jan
conv
11
—.
Wisconsin Elec Power Co
22% Jan 20
141
Jan
11
32% Jan
10
34
Jan
4
Jan
3
51
Feb
3
Woolworth
r
6%
preferred
(F
19% Jan 20
11%
Jun
18%
Dec
17
Jan
13
x59%
Feb
72
Oct
69% Jan
9
72% Jan
34%
13%
13%
13%
13%
Jun
76
Nov
74
Jan
4
79% Jan
65
.
68
Feb
89
Dec
85
Jan
7
89
Jan
9
66
Feb
82
Dec
80
" Jan
25
82
Jan
6
8%
*10%
10
21%
21%
21%
37
Jan
6
40
Jan
4
31
Feb
9
53%
Xl3
10%
22%
10%
22
*138%
143
10%
800
22%
22%
8,200
33%
33%
50%
x49%
49%
19%
18%
*71%
19 Va
73%
18%
100
72
72
series—
78%
100
No par
78%
86
* 84
29 y4
28%
11%
12
11%
*39(4
40
*39%
_
71%
21%
*138%
33 V*
33%
900
49%
49'%
49%
8,700
6,800
49%
143
18%
18 Va
18%
72
*72
73
71%
72
180
78
77
77
76%
76%
190
85%
86
80
18%
18%
86
85
85
81
81
80%
81
81%
29 %
'
18%
*76
*84
86
*84
1
—Nopar
18%
78
22%
*138% 143
33%
*33%
143
33%
72
200
*10%
50%
18%
8,700
10%
33%:
77
1,000
13%
10%
50%
•71%
10,800
99
33%
79
2,300
5%
52
10%
50%
-
13
13 %
82
*33 V*
78
13%
500
*79%
•138%
'
5%
52
52
430
•
81
;
■
5%
13
3,400
-■
81
82
50%
4%% convertible preferred
50
Young (L A) Spring & Wire_Nopar
Youngstown Sheet & Tube__.No par
23
26% Jan
13%
13%
*80'/*
82
33%
York Corp common
Jan
52
50%
25
Yale &
Nov
52%
33%
12%
5
39%
5%
*51%
*138%
12%
3
28%
*138%
143
-
..100
12%
12% Feb
28
21%
21%
12%
29% Jan
30% May
16% JUn
10%
10%
5
13
Jan
10%
*10%
81
10
27
12%
13%
*80%
81%
Jan
]>c
Jun
13 Va
80%
81%
10% Feb
11% Jan
13%
80%
5%
5%
5%
52%
10
Wright Aeronautical
Wrigley (Wm) Jr (Del)
Wyandotte Worsted Co
13 Va Jan
Oct
5%
51%
5%
13%
series
conv
13
12%
Feb
14
10
Prior preferred 4%%
Prior pfd 4%%
19
14
14
82
Common
24
4,800
34%
*33%
13%
Worthington Pump & Machinery
'
35%
34'/*
14
14
143
35 Va
*33'%
15%
34
*33%
51%
Co_
35
15%
33%
34%
51%
13%
*80%
:
—
W)
34
16 V«
33%
52
Woodward Iron Co
48
3,700
15%
No par
139% Jan 31
15%
16
33%
5%
com
15%
15%
*33%
10
$4.25 preferred
Wilson-Jones Co_.
31%
*30%
31%
.
10%
51%
No par
31
86
34
5%
No par
common
45%
86
31
45%
85
34
No par
pfd series A
Wilson & Co Inc
13% Jan 31
5
22
128
55% Jan
26
34%
114
45 "2
85%
45%
85%
16%
'
5%
*109
114
45%
*33%
16%
34
14
*109
114
-
33%
16%
34
5
39,100
31%
•104%
85
*33%
:
32%
32%
46%
1
Wilcox Oil Co
13,500
105%
114
White Sewing Machine common___l
Prior preference
20
Willys-Overland Motors common_i_l
32%
32%
8,700
27%
32 %
24
White Motor Co_
3
22
X27
*104%
32%
106
24
24
12.50
32
200
69
-21%
22'a
27%
9
12% Jan
1,700
*67
69
21%
9
77% Jan
33 V*
27%
5
51% Jan
500
33
21%
Jan
t
7,900
32'%
27%
16% Jan
Doc
17%
21%
36% Jan
Dec
4,300
17%
32%
33%
33
68%
4
12%
3.100
33%
*32
V*
12
57%
8%
41%
17%
17%
33%
Shares
8%
41 %
42
32
25
11
$ per share
8%
42
27%
preferred series B
Sales for
the Week
18 Va
8%
8%
41%
100
Friday
$ per share
share
8%
21%
3.80%
1,900
Feb. 10
Feb. 9
69
Jan
Jun
Va
HO
Thursday
69%
15% Jan
Jun
110(4
*108%
32
33% Jan
8% Jun
*109%
49
*49
49
32%
31
70
49
50
71%
Dec
X42%
3,200
*32
Dec
6% Jan
14%
*70
Dec
14% Feb
14%
32%
16%
3
80
14%
27%
5
13
108 Va
SALE PRICES
share
8%
*108%
14%
Feb. 8
42
70
108*2
21%
Jan
5% Jan
360
109%
27%
$5 conv prior preference
White Dental Mfg (The S S)
12% Jan
24,500
112(4
220
*109
22%
Wheeling 8s Lake Erie Ry
Wheeling Steel Corp com
Dec
26%
U2V4
26%
26%
112%
22
"5
Jan
10,600
27%
12
7%
8,400
21*4
71%
Jan
14%
22%
20%
IO8V2
Wednesday
g per
8%
18
34
Jun
22%
21V*
109%
*109
109(4
Feb. 7
$ per share
t per share
.108%
*
112%
113
Tuesday
Monday
Feb. 6
3234
7% May
23
26(4
26%
26(4
113(4
*108%
109(4
*109
26(4
a
112%
•
Jun
4%
84(4
22V*
Weston Electric Instrument
34
X84'4
20%
28%
Feb
25%
22%
20
1,300
2,500
5%
25%
85%
*85(4
22%
3,500
5%
25%
6
25(4
85 %
18% Jan
12%
700
13 Va
22%
27%
6
,
25 Va
13%
25%
109%
Westinghouse Air Erake—Nopar
Westinghouse Electric com
—12%
5
32
16%
*24 3 4
*69%
49% Jan
13
Xl6%
14
100
Preferred series A
8
86
16%
25 Va
13%
25%
49
No par
4,600
260
16%
5 Va
*109
100
18,000
Western Union Teleg class A_No par
4
Jan
33
preferred
Western Pacific RR com
Dec
29% Jun
July
27 3,4 Feb
105% Feb
2nd
non-cum
36%
25%
108%
100
34%
13%
110%
43%
17%
*32%
32%
38%
16%
*108%
—10
37
24%
*109
'
21
14%
Feb. 4
Auto Supply Co
37*2
38*2
13%
1081
8%
50,100
18%
16%
110%
11
14%
101
14
26(4
Par
Western
3
41%
*21(2
Saturday
Western Air Lines Inc
5
14%
*13%
112%
EXCHANGE
15 V8
13%
26%
I
18%
100%
14%
24%
112%
STOCK
t per share
$ per share
7% Jan
Dec
YORK
18%
100 %
15%
17%
26%
STOCKS
Range for Previous
18%
100*2
14%
38%
18%
100%
6%
z
7,200
18%
15%
3 7'/a
7,800
8%
100%
18(4
100
15%
8%
12,900
34
25
*108%
14%
100
8'4
8%
50
104(4
17
112%
Pulp & Paper com—No par
preferred
8*4
8 Va
1,300
24%
26%
5
4.20%
11
51
pfd
33(4
8%
33'4
1,600
17%
112%
*108%
com__No par
100
_100
100
7
14% Jan
4
May
353/4
104
1
4
West Kentucky Coal Co
19% Jan
23% Jan
lllVs Jan
85%
22%
20%
No par
West Indies Sugar Corp_
Xl04(4
33(4
32%
X31
25%
13%
*
8%
18
100
38%
17%
14%
105*4
32%
33(4
15 = 8
a
*25
22
1
25%
Snowdrift com—2.50
&
Dec
Oct
6
5
-
Nov
22%
16%
107
11
Inc
$4 convertible preferred
8
Jun
Tobacco
14
l',
*104%
104
104
104%
18%
37
)■'
17
14*4
31%
33
100
15 3
24%
*21%
14%
5
Wayne Pump Co
July
78
16%
5
Wayne Knitting Mills
Feb
11%
16%
.
No par
36
14
No par
3
Washington Gas Light Co
14%
31%
104
8%
8%
18%
15%
14
31%
100
14%
31
14%
14
31%
33%
100
57(4
*55%
57(4
13%
32
13%
*31%
105%
32%
100
34%
17
24%
5
23%
<
100
15%
14'4
32
*104
18%
18%
1
100
preferred
5%%
21
16% Jan 24
10
No par
Co
Ward Baking Co common
1
Jan
G & W
(Hiram)
57
14
31%
14
14
32
32
105%
*104
33%
32%
8%
8%
No par
100
No par
Walgreen Co common
4'7> preferred
3
*50%
100
No par
preferred
System
*12%
12%
12%
28%
29%
29
29V*
11%
11%
11%
11%
11%
86 %
60
80%
80
80%
12,500
*12%
12%
20
*85
12%
12%
12 %
1,100
29 %
29%
11%
29%
29%
10%
11
*38%
39
\
19% Jun
8
77%
Dec
72% Jan
13
80% Feb
9
14%
Jan
11% Jan
3
15% Feb
9
; 20% July
33%
Dec
31% Jan
13
45% Feb
lfr
3% Feb
4%
Oct
4% Jan
6
•Bid
dividend.
and
y
asked
prices;
no
Ex-rlghto.
sales
*
on
5% Jan
this day.
*
23
Jin
Mfg Co
40
39%
39%
38%
29%
29%
30
so y4
29%
30
30
,
11
-39%
38%
38%
30%
30%
31
.
7.20C
11,100
500
39%
30%
2.800
80%
17,700
77%
78
77%
78%
77%
78
77%
79%
79%
14%
14
14%
14%
15
15 Va
8,400
13%
14%
13%
15
No par
13%
80%
15%
78%
Youngs town Steel Door
Jun
10% Jun
-
Towne
39%
45 V2
31,200
40
43%
40%
5%
39%
40%
39%
5%
39%
Nopar
39%
44%
Zenith Radio Corp
Zonite Products Ccrp
5%
5%
5'%
5%
5%
5%
5,900
receivership, or
petition
1
has
been
filed
for
company's
38%
-
5%
5%
reorganization,
a
5(4
;
5
Deferred delivery. rCash sale, s Special
4
„
sales, wd When distributed. xEx-
Volume
171
Number
4881
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
(873)
,25
r
Bond Record
New York Stock
cc»
FRIDAY
The
italic
letters
In
the
column
headed
WEEKLY
"Interest
Period"
Indicate
Figures after decimal point represent
the month
case
more
or
3~d
of
a
the
when
bonds mature.
point.
LOW
Range for Previous
GOVERNMENT
Year 1949
Lowest
in each
one
Exchange
YEARLY
•
Range Since Jan. 1
Highest
Lowest
103.28
Dec
103.28
Jan
108.13
Highest
Saturday
Jan
Low
AND
HIGH
SALE
Monday
Tuesday
Feb. 7
Feb. 8
Low
High
PRICES
Wednesday
Feb. «
Feb. 4
EXCHANGE
Dec
108.13
BONDS
NEW YORK STOCK
Low
High
Low
High
Thursday
Friday
Feb. 9
High
Low
Feb.
High
Low
102.31
Feb
102.1
102.31
Mar
103.8
104.9
104.15
July
103.S
July
101.12
Feb
101.13
Jun
101.7
Feb
103.2
Aug
100.18
Jan
103.19
Dec
100.28
Jun
103
Feb
102.30
Aug
105.4
Aug
100.13
Jan
102.30
100.17
Feb
101.3
102.18 Feb
Sep
Jun
102.18 Feb
1
102.15 Jan
3l
103.9
Jan
v
103.16
*103.14
103.16
*103.13
103.15
♦103.13
103.15
♦103.13
103.15
*103.13
108.30
*108.28
108.31
*108.29
109
*108.28
108.31
♦108.28
108.31
*108.28
108.31
*102.16
102.18
*102.16
102.18
*102.15
102.17
*102.15
102.17
*102.15
102.17
*102.14
102.16
2%s
1956-1959
*110.10
110.13
*110.11
110.14
*110.11
IIO.14
110.14
♦110.10
110.13
*110.11
110.14
2%s
1958-1963
*111.20
111.23
*111.21
111.24
*111.21
111.24
♦111.21
111.24
♦111.21
111.24
*111.22
111.25
2%s
1960-1965
*113.18
113.21
*113.19
113.22
*113.20
112.23
*113.21
113.24
*113.21
113.24
*113.22
113.25
2%s
1950-1952
*101.2
102.4
*101.1
101.3
*101.1
101.3
*101.1
101.3
♦101.1
101.3
*101.1
101.3
2%i
1952-1954
*102.15
102.17
*102.15
102.17
*102.15
102.17
*102.15
102.17
*102 .14
102.16
*102.13
102.15
2%s
1956-1958
105.20
2%a
1962-1967
2%s
1963-1968
2%s
1965-1970
2%s
1966-1971
2%s
Jun
2 Vis
Sep
2%s
Dec
2%s
-1951-1953
2%«
1952-1955
2%s
1—1954-1956
2y4s
Jan
101.13
Feb
101.8
Jan
101.18
105.19
*105.17
105.19
*105.17
105.19
*105, 17
105.19
*105.18
104.28
*104.25
104.27
♦104.25
104.27
*104 25
104.27
*104.25
104.13
*104.11
104.13
*104.11
104.13
•104.10
104.12
*104 9
104.11
*104.9
104.11
*103.30
104
*103.30
104
*103.29
103.31
*103.29
103.31
*103 29
103.31
*103.29
103.31
*103.25
103.27
*103.25
103.27
*103.25
103.27
•103.24
103.26
*103 24
103.25
103.23
*103.21
103.23
*103.20
103.22
♦103.20
103.22
♦103 20
103.26
103.22
*103.23
*103.21
*103.20
103.22
*103.19
103.21
*103.19
103.21
*103.18
103.20
♦103.18
103.20
*103.18
103.20
*103.18
1967-1972
*103:2
103.4
*103.2
103.4
*103.2
103.4
♦103.1
103.3
•103.1
103.3
*103
103.2
1967-1972
*10515
105.7
*105.6
105.8
*105.6
105.8
*105.5
105.7
*105.4
105.6
*105.4
105.6
1967-1972
*10312
103.4
*103.2
103.4
*103.2
103.4
*103.1
103.3
*103.1
103.3
*103
103.2
*102.15
102.17
*102.15
102.17
*102.14
102.16
*102.14
102.16
*102.14
102.16
*102.14
102.16
*102.6
102.8
*102.6
102.8
*102.6
102.8
♦102.5
102.7
•102.3
102.5
*102.3
102.5
*105.5
105.8
*105.5
105.8
*105.5
105.8
♦105.4
105.7
*105.3
105.6
*105.3
1964-1969
,
104.27
103.20
105.6
1956-1959
*104.15
104.17
*104.16
104.18
*104.16
104.18
*104.16
104.18
*104.16
2y4s
104.18
*104.18
Jun
104.20
1959-1962
*102.19
102.21
*102.19
102.21
*102.18
102.20
*102.18
102.20
2y4s
*102.17
Dec
102.19
*102.17
1959-1962
102.19
*102.17
102.19
*102.17
102.19
*102.16
102.18
♦102.16
102.18
*102.15
2s
102.17
*102.14
Mar 1950-1952
102.16
*100.5
100.7
*100.5
100.7
*100.5
100.7
*100.6
100.8
*100.7
2s
100.9
*100.8
100.10
Sep
*100.20
100.22
*100.20
100.22
*100.19
100.21
*100.19
100.21
*100.19
100.21
*100.20
100.21
2s
1950-1952
—1951-1953
*101.8
101.9
101.10
*101.8
101.10
*101.7
101.9
*101.7
101.9
*101.7
101.9
1951-1955
*101.12
101.14
*101.13
101.15
*101.13
101.15
*101.13
101.15
*101.13
Jun
101.15
*101.12
101.14
1952-1954
*101.19
101.21
*101.19
101.21
*101.19
101.21
*101.19
101.21
*101.18
Dec
101.20
*101.18
101.20
1952-1954
*101.27
2s
2s
2s
*101.8
101.30
*101.28
101.30
*101.28
101.30
*101.28
101.30
*101.27
101.29
*101.27
1953-1955
*103.16
103.19
*103.15
103.18
*103.15
103.18
*103.13
103.16
*103.12
103.14
*103.12
103.15
1950
2s
*100.11
100.13
*100.11
100.13
*100.11
100.13
*100.11
100.13
*100.10
100.12
*100.10
1U0.12
*101
101.2
*101
101.2
*101
101.2
*101
101.2
*101
101.2
103.8
*103.8
103.12
*103.8
103.12
*103.8
103.12
*103.8
103.12
l%s
Bank
101.29
for
Reconstruction it Development
Jan
101.3
Dec
101
Jan
18
99.11
Jan
103.16
Dec
103.8
Feb
6
and
*105.17
*104.26
'
1964-1969
International
98.24
•Bid
105.18
104.28
*104.11
Dec
Treasury
asked
Registered bond
*105.16
Jun
Treasury
r
*110.11
*104.26
2%s
Treasury
Treasury
Treasury
Treasury
Feb
.
2%s
^Treasury
Treasury
101.8
for
the. Week
Bonds ($)
103.15
*108.27
ian.-i-
Treasury
Treasury
Treasury
Oct
*103.14
1955-1960
2a4s
Treasury
Treasury
Treasury
Treasury
Treasury
Feb
1951-1955
27%s____
Treasury
Jan
3s
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
110.23 Mar
Jan
104.9
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
110.23 Mar
Sales
10
High
price.
No
sales
101
Jan
18
110-year
103.18 Jan
9
25-year
transacted
this day.
tCalled for
2%s
1957
*101
101.2
3s
1972
*103.8
103.12
redemption:
Treasury
transaction.
2s
March
103.8
1950-52, March
i
'
15
at
Interest
New York Stock Exchange
Period
Last
Sale Price
Friday's
Bid & A^ked
Low
New York
Transit Unification
&■■■
Week's Range
or
Bonds
No.
109Va 1093-1
47
Feb.
17
Low
108%
1950
at
100.
a
Odd
Interest
Last
Period
Sale Price
or
I'Yiday
15
June-Dec
3%s series No. 16
June-Dec
3%
Y
June-Dec
y.
.
June-Dec
*65%
17
18
3 Vis series No. 19_.
.
y..,
Jan. 1
NO.
Low
65
2
High
64%
65
65
1
65
65
-*4.
65%
-4-
June-Dec
65
65
4
64%
65
June-Dec
-
3%s series No. 20
67
67
1
67
67
3 Vis series No. 21
June-Dec
*68
June-Dec
*65'%
3%s series No. 23
June-Dec
64%
3%s series No. 24
1
Range Since
Sold
64%
65
3%s series No. 22
a-
h
Bonds
High
•65
series No.
s
3%s series No.
V
s
Bid & Asked
Low
Foreign securities
transaction
Week's Range
High
109 a*
lot
10
New York Stock Exchange
Issue—
109%
1957,
BONDS
3%s series No.
June-Dec
2y4s
'
%
Jan. 1
City
3% Corporate Stock 1980
Bank
Friday
Range Since,
Sold
High
International
\
RANGE FOR WEEK ENDED FEBRUARY
Friday
BONDS
100,
*
"t
I,0o6
June-Dec
3%s series No. 25
3%s series No. 26
65%
•
64%
66
63'%
3
64%
*66
June-Dec
_
— —
66
•
__
65%
66
64
22
June-Dec
*65
3%s series No. 27
June-Dec
C65
e65
5
64'%
3%b series No. 28
June-Dec
65
65
5
65
66.
:
3%s series No. 29—:
June-Dec
65%
—
*65
66
—
64%
-
65
66
'
3%s series No. 30
Wertheim & Co.
Telephone
Members
REctor 2-2300
120
New
York
Stock
Brisbane
NY
1-1693
25-year
A
Foreign Government and Municipal
Agricultural Mortgage Bank (Colombia)
f AChile
Feb-Aug
April-Oct
AGuaranteed
sinking fund 6s 1948
(Kingdom of Norway) 4s 1968
(Dept) collateral 7s A 1945
Akershus
Mar-Sept
f AAntioquia
*70%
AExternal
sec
sec
30-year 3s
Antwerp
Australia
s
f
sink fund 7s
sink fund 7s
bonds
$
3rd
ser
1973
10-year 3 Vis 1956
Feb-Atig
10-year 3Vis 1957
103 %
96
Feb-Aug
91 Vi
Jan-July
106Vi
91%
June-Dec
s
reduced to
AExternal
s
f
reduced to
1926
to
1957
A
—June-Dec
due
Plan
3.375%)
1957
1979
(Central Ry)
A
April-Ocf
April-Ocf
A
96y4
41
46%
35
102
94%
43%
36 Va
104 Vi
103 V.
96'%
95 ya
8
94%
9iya
35
88%
91 %
91 y2
25
90
91 Va
90
91 y2
42
89%
91 %
106 y2 107'/a
11
106%
107 Vi
7
115%
116%
116
80
75
__
96
77%
57%
2
55%
57%
75
75 Vi
6
73'
external
AExternal sinking fund 6s
A 6s
assented
6s
fund 6s Sept
assented Sept 1961
AExternal sinking fund
A 6s assented 1962
6s
1961
1962
A Chile
Mortgage Bank 6%s
A6V28 assented 1957
2-3s
1993
1957
107% 107%
10
107
107%
102'%
103
102%
102% 102%
8
*58
—
35 %
_
35%
*39
35
5
40
29
29
54 Vi
54 Vi
55
13
53
75
75
75
2
73
55
53
2
53
76
1
36%
3
28%
30'%
1
36%
39
29%
2
28%
30%
39
1
36%
39
29
29
29
39
t,
Jan-July
Jan-July
Mar-Sept
Mar-Sepf
29%
5
28 Vi
*39
29'%
June-Dec
6s 1961
29 %
—
29%
28
30
"2
23%
29%
141
26 V i
29%
__
29
21%
•39
40
■M.
-H
—w
28 Vi
37%
23V4
30'%
23%
30
*29
*39
dpril-Oct
Map-Nov
29
—
__
_
W
_
29%
*39
-T —
2
36%
__
57
57%
51%
29%
6
23%
30%
39
39
2
39
39
Mar-Sepf
*29
28-%
29%
Map-Nov
1960
53
67%
—
--
68
*57 V'
—
3.375%)
1979_T
—_April-Ocf
External dollar bonds of 1944
(Plan B) —
1
53
52
June-Dec
*67 Vi
June-Dec
3%s series No. 2
*65%
53
9
69
70
3%s series No. 3
65%
65%
June-Dec
66
66
3
3%s series No. 4
65%
66
14
3%s series No.
65%
65%
66%
June-Dec
June-Dec
2
65%
66
69%
For
Financiat Institutions
FOREIGN SECURITIES
FIRM TRADING MARKETS
69%
5-1
65 Vi
66
June-Dec
3Vis series No. 7
*67%
——
June-Dec
*67%
9
June-Dec
*67%
3 Vis series No.
10
June-Dec
*67%
74'/,
June-Dec
*65
65 y2
3%s series No.
11
3Vis series No.
12
June-Dec
3%s series No.
13_i:__:
June-Dec
3%s series No.
14
June-Dec
For
footnotes
see
page
29
•
'
67
*66'/«
65 Vi
64%
67
—
—
1
63
—w
65 Vi
12
-
69 %
69'%
67%
— —
r.ARL MARKS & r O- INC.
66%
73
3%s series No. 8
3 % s series No.
64
66
67
FOREIGN SECURITIES SPECIALISTS
50
Broad
St.. New York
4,
N.
Y.
69 %
63 %
66%
66%
63%
65 %
36 Vi
29 V.
Mar-Sepf
(interest
June-Dec
—-
28%
37%
*29
Aprtf-Oct
30
-
2
-
29
*39
%
-
29
v
28
2
-r
29%
June-Dec
-
29%
*39
*39
29%
—
76
—
39
39
June-Dec
1962
55
*76
36%
30%
39
75
55
36
36%
23'%
~3
29%
June-Dec
Municipal 7s 1960
assented
36
107%
55
A 7s
101%
102%
June-Dec
sinking fund 6s 1962
Consol
35
101%
Map-Nov
1961-—
AGuaranteed sinking fund
A 6s assented 1961
assented
101
3
54
April-Ocf
April-Ocf
ASlnking fund 6Vis 1961-
A 6s
3
35%
39
Map-Nov
dollar bonds
6Vis assented
101%
55 %
101% 101%
29
1963
Extl sink fund
102%
39
AExternal sinking fund ,6s 1963
assented
101'%
Feb-Aug
Feb-Aug
AExternal sinking
A6s
3
101
35'/a
April-Oct
1961
assented Jan 1961
A6s
102%
April-Oct
1960
ARy external sinking fund 6s Jan 1961
A
65
101%
101 y2
Mar-Sept
Jan-July
f $ bds 1978_Jan-Julp
f 7s 1942
May-Nou
May-Nov
1960
65
22
102% 102%
s
s
65%
102'% 102%
75'%
funding bonds of 1931 due 1951.
Stamped pursuant to Plan A (interest
3%s series No.
43%
89%
5%
reduced to
43 %
57%
75 Vi
June-Dec
pursuant to Plan
reduced 3.5%) 1978—
957a
47 %
103%
102%
(interest
1952
Stamped
94
6
*65
Mar-Sept
(interest
1979_w1927
to
April-Ocf
1954
30-yr 3s
AExternal sinking fund 6s Feb
A6s assented Feb 1961_
AChllean
April-Get
due
Plan
3.375% )
6y2s of
Stamped pursuant
A7s
1978
f 6Vis of
Stamped pursuant
102% 103 V.
*77 %
8s
(Republic)
AGuaranteed
(U S of) external 8s 1941
June-Dec
Stamped pursuant to Plan A (interest
AExternal
2
21
48%
43 Vi
46 Vi
46%
-
47 y2
116
f ABrazll
reduced to 3.5%)
50
—.
46 %
47
5
'
90
15-year 3%s 1962
1955
46%
49
95 V'3
June-Dec
6s
48 Vi
47 V 2
June-Dec
sinking fund 7s 1955
48%
47 Va
35 V a
35%
103% 104
June-Dec
(Kingdom of)
49
*47 Vi
20-year 3V2S 1967
External
94 Vi
46 Vi
*47%
20-year 3 Vis 1966
Belgium
93%
2
——
47 Vi
June-Dec
Jan-July
3
47%
*47 Vi
1957-April-Ocf
Jan-July
:
71%
94%
*47 Vi
1957—April-Ocf
2nd ser 1957_April-Ocf
(City) external 5s 1958
(Commonwealth) 5s 1955
71%
94',4
47 Vi
94%
Jan-July
1974
(City)
(Dept of)
§A7s assented 1942.
*70%
5 AExternal sinking fund 7s ser B
1945—Jan-July
§AExternal sinking fund 7s ser C
1945—Jan-July
IA External sinking fund 7s ser D 1945. JanJuly
AExternal sinking fund 7s 1st ser
AExternal
2%s
Carlsbad
Cauca Val
—
§ AGuaranteed sinking fund 6s 1947
June-Dec
:
sinking fund 5s 1957
Sinking fund gold 5s 1958
Feb-Aug
Sinking fund gold 6s 1950
June-Dec
Caldas (Dept of) 30-yr 3s s f $ bonds 1978-Jan-JiHp
Canada (Dominion of) 4s 1960
April-Ocf
25-year 3Vis 1961
Jan-July
Teletype
Exchange
Broadway, Now York
(City)
Telephone HAnover 2-0050
Teletype NY 1 -971
26
COMMERCIAL
THE
(674)
&
FINANCIAL
CHRONICLE
Monday, February 13, 1930
NEW YORK BOND RECORD
RANGE
Friday
Last
l'eriod
Sale Price
{Hukuang Ry)
Colombia
Friday
Bonds
Range Since
Sold
Friday's
or
Bid <fc Asked
Low
AChinese
Jan. 1
No.
Low
A6s Of
1923 Oct
of
A6s
1927
38 ext sinking
April-Ocf
—
1961
4%
5%
Feb-Aug
June-Dec
(Dept
67
40%
A6s
48%
47",
Serbs
77%
87 %
A8s
72%
8K2
A7s
series
231a
109%'
57
19%
24-1#
ASilesia
109
5
f
5^Denmark 20-year external 6s
*50%
—
36
50
54%
54%
98
99
47
90%
92%
95
124
85%
95
90
160
75 %
90
73%
73%
55%
58
35
90
Salvador
4s
extl
(Republic of)—■
f
dollar
314s extl
s
f dollar bonds Jan
bonds
Jan
3s extl s f dollar bonds Jan
AEstonia
Greek
(Republic
7s
1
1976
Jan-July
Jan-July
1978
1
3%s
*13*'*
Jan-July
1967
5(1
*48
'
,
8
58
51'4
*10%
57
—Jan-July
7514
15
11%
participating
A6s
paid
1964
participating paid
Eelsingfors
(City)
Free
Italian
State
1968
external
extl
(Republic)
f
s
Italian Credit Consortium
1%
to
3%
5 A7s series
Italian
1960
fund
5s
l-3s
for
B
11 '4
11
10%
11%
6414
23
1977.
—Jan-July
Public Works
43%
__
-
40%
30
44%
82%
82%
7
71
71%
10
13%
13%
31
13% ' 13%
*10%
__
*
June-Dec
1937)
13%
__
June-Dec
33
*60
—
41%
62
.«1
40'4
1%
62
3%
1977
37%
116
62
6914
71
AJugoslavia (State Mtge Bank) 7s 1937
April-Oct
(Colombia) 614s 1954
June-Dec
30-year 3s s f $ bonds 10 78
—Jan-July
1414
14%
14
12%
15
47%
47%
47%
11
46%
47%
__
3514
3514
4
35
36
1952
!
Jan-July
Altaly (Kingdom of) 7s 1951
AMedellin
Metropolitan
Board
Water
Sewerage
A
Small
May-Nov
1943—May-Nou
—
__
'
1979
..May-Nov
85%
ag.reem't)
1968—Jan-July
100%
1984
1968
„
§A5s of 1899 due 1945
Quar-Jan
—
2%s
agreem't)
1945—Quar-Jan
ALarge
A
'
1963—Jan-July
1014
__
1904
(1922
assented
of
1910
ment)
11
1954,——June-Dec
(1942 agree't)
(assented
to
agree-
t
—
--
'
1968—Jan-July
1922
~5-
5%
■'
'
1945
—
5%
(1942 agree't)
1963—Jan-July
agreement)
ASmall
9%
5%
—
1963*.Jain'-July
—
__
6%s
(City of)
(State)
extl
Stamped
6
8%
"3%
8%
10
7%
8%
extl
fund
to
6s
Plan
1958
A
Mar-Sept
—
■
—
*1114
*12
to
(Republic) —
AStamped assented 5s
Plan
A
to
61
—
*4414
"4
—
*34
--
3614
pursuant
to
reduced to 2.125% )
(Republic of)
ANat
loan
ANat
loan extl
extl
June-Dec
Plan
A
—
1
1967—Mar-Sept
—.Mar-Sept
2008
to
33
34
to
32
33 %
96%
99
95%
98%
92
92
92
19
92
92
98
99%
95
95%
*9714 100
13
Plan
Consolidated
Plan
Stamped
to
1921
Plan
1999
Stamped
Plan
Feb-Aug
...
31
33
Boston
First
1
~8%
-.
&
1
CO
10s*
_
~2
~8
914
1
9%
9%
8%
2
7%
9%
9
3s
series
series
331%
9
33%
35
50%
"
38%
39
*45(4
50
50%
33%
34
7
12
38%
A
page
A
April-Ocf
June-Dec
I
go
91%
46
90
94
94%
95%
44
941/2
98
63%
63
62%
€1%
63
62%
61%
63%
60
65%
59%
64%
39
59%
64%
71%
73%
49
69%
74%
51
52%
328
49 '/4
53%
88%
88%
88%
21
86%
39%
69
68
C>9%
24
68
71%
6
—
A
D
1985_Jan-July
80
80%
*__
__
__
121%
1961_May-Nov
__
Feb-Aug
91%
*__
95
79%
81%
90
93
90
*100%
93
.
100%
121% 121%
16
*99% 100
100%
121%
122%
99(a
99 %
104%
*104
101%
..
1979—.Jan-July
104%
101% 101%
50
100%
101%
101
iUl%
U
104
105
*101
104% 104%
RR—
AC
series
series
1967
II
Mar-Sepf
1955.^
__
.May-Nov
—
April-Oct
__
.Feb-Aug
mortgage 2%s
Niagara Elec first
Rochester
&
modified
Terminal
Co
1976
2%s
Pittsburgh
4%s
first
.Jan-July
—^
mtge
1975_May-Nov
83
81
83
__
102
102
90
73%
76
39
73%
78
52%
£4
31
49%
56%
104%
105%
*104%-
53%
104%
IO.51/2
101 %
101%
102%
103%
*60
..
102%
May-Nov
63
-...—.April-Oct
1952
4s
*__
._
*101% 101%
102% 103%
17
Ry—
1957
__
1955..1
5s
*82
*102%
*104% 105%
75
■
1968
April-Oct
Brooklyn Union Electric first gold 5s 1950—Feb-Aug
Brooklyn Union Gas 4s debentures 1969—Mar-Sepf
Consolidated
42
,35
51%
1980.Jan-July
(Ernesto) Co 7s 1954—
Bristol-Myers Co 3s debentures
Bush
64%
.-May
1970
Jan-July
1976__T—May-Nov
K
'...Jan-July
32
Terminal
44%
A
66%
68%
96
*102% 102%
63
102 %
99% 100
63%
1021/4
16
98
100
Plan
2004
A
44('4
3
31%
31%
34%
48'%
11
341%
34%
Canadian
34
34
"l
61%
*48%
34%
A
June-Dec
*31%
61%
61%
37
61%
gold
Guaranteed
gold
gold
1957—May-Nov
_
57
1
57
57
*67%
conv
Plan
conv
Celotex
Jan-July
__
A
*72%
*
5s
1976
June-Dec
68
69%
89%
Central
First
(interest
April-Oct
inc
-1
106
106
104
70%
70%
71
106
105
104'%
■
104 %
100
104%
*103
*104%
103%
__
103% 104
15
of
67%
71
115% 115%
June-Dec
1956
1
115%
116%
II
113 %
114%
.Feb-Aug
:
1955
4%s
4%s
'
..—Feb-Aug
*113% 114
*113% 114
113%
114
Mar-Sepf
104%
104% 104%
7
104'A
105
(perpetual)...Jan-July
102%
101%-102%
122
100%
103 7/3
1951
stock
1960
A
".
debs series
mortgage
Corp
Jan-July
1970
&
3s
B
Oho
Adirondack
Corp
1957
'
1960
4s
Mar-Sepf
Mar-Sepf
1965
Mar-Sepf
__
—
—
guaranteed
4s
debentures
1965—'
3%s
Georgia
mortgage
debentures
Ry—
series
80%
93
107%
80%
80%
36
92
94
54
107% 107%
12
74
83
107%
80%
94
103
Ry—
1981
June-Dec
58
58
1
58
59%
103% 103%
10
103 %
104 %
Feb-Aug
100% 100(2
1
100%
100'%
Feb-A?jy
June-Dec
*101%
__
*84
'
,
A
__
April-Ocf
1960.1.
1995
Jan-July
AGen
Jan-July
__
.May-Nov
3%s debentures (1947 issue) I960:
SACentral Branch U P first gold 4s 1948
75
106
Ry—
Clinchfield
Carthage &
Celanese
60
A
1999
3s
1974
gtd 5s A 1962
4%s
debenture
debs series
First
(interest
*54
Pacific
4s
Carolina
57
__
first
4%s
gold
4s
*69
(interest
to
gold
Guaranteed
4%
__
..
Capital Airlines, Inc—
59%
Guaranteed
Guaranteed
May-Not;
April-Oct
Canadian National Ry—
Guaranteed
May-Nou
A
Southern consol
43%
(Interest
to
Power
48%
31%
1960
c
Electric
41 "4
44%
31%
June-Dec
gtd
5s
34%
28%
..
44 %
(Interest
1966
Buildings
California Oregon;Power 3%s
*40
.
May-Nou
91%
95%
mortgage
4s
series
RR
1960
Jan-July
mortgage 4%s series A July 1970_.May-Nov
AIne
Canada
May-Nov
29
.
.
45 %
(interest
April-Oct
1999
-
*
39
44 %
*52%
_June-Dec
Plan
Maine
Buffalo
*34.
34
_
Jan-July
to
,
—
ABreda
—
see
mortgage
California
April-Ocf
1950
footnotes
2%s
2%s series J
9%
38(4
Feb-Aug
2012
reduced to 2.5% )
For
mortgage
mortgage
Bush
April-Ocf
due
Plan
-
,
♦.
(Interest
sinking fund
to
.
Corp—
Consol
18%
33%
104%
.
Consol
8%
*50
103%
102% 102%
1951
44
*8
Jan-July
2001
pursuant
series
4s
105
8%
April-Ocf
A
...
1936
stamped pursuant
(interest reduced to 2.5%)
A8s external
4s
44
(interest
1946
Plan
(State of)
Steel
Stamped
1953
to
2%)
M
refunding
Buffalo
1952
pursuant
reduced
San Paulo
.
Jan-July
4s
stamped
1951
Jan-July
Beech Creek Extension first 3%s
1951—-April-Oct
Bell Telephone of Pa 5s series C 1960
April-Ocf,
Bethlehem
93
8%
__
120%
2
103% 103%
__
102%
Loan 2%s debs
3%s sinking fund debentures 1964
103
A
A
2001
Plan
pursuant
A6(4s extl secured
88%
A
Jan-July
131%
119%
division
ref
General
to
127
15
•
mortgage 4%s series JJ 1961
2.375%)
to
and
mortgage 5s
9%
32
119% 120
Bangor & Aroostook RR—
mortgage
Jan-July
Jan-July
127% 128
__
119 (2
lu4
ser
First
1950
82%
102 %
5%
First
8s
78
80
2
1980
mortgage
First
of) 6%S 1952
pursuant
Cincinnati
First lien
.
first
26 %
(interest reduced to 2.25% )
reduced
Toledo
div
25%
April-Oct
if
82%
105
fixed & 1%% conung. int)
<31/27?
,
105
4
34
*8%
76 %
Virginia—
26%
pursuant to Plan
reduced to 2.25%) 2004
8tamped
103
3
*103% 106
*14
90
May-Nov
West
&
22%
to
8s
Erie
22%
Stamped
(City)
Like
22
gold
82
—_-June-Dec
26
—
105%
*77%
__
102%
2010.
1
14
reduced to 2%) 2012
external loan of 1926
Paulo
*101%
_.
104
105 %
(2%%
50
sinking fund gold 1968
stamped
S'western
98
96%
—
103 %
33
102%
6%
26
April-Ocf
29
105% 105%-
69
1995—
1
A4%s convertible income Feb
96%
*29%
103% 104
-
60
contingent interest)
Dec
2614
to
pursuant
due
25%
to
2.5%)
mortgage
3%%
J
25%
6% %
pursuant
general
and
25%
2.375% )
pursuant
and
25%
to
JA8s external loan of
^^°ml
A8ao
113%
104
105%
June-Dec
25%
reduced to 2%) 2012
Rfo Grande do Sul (State
of)—
1967
115%
Mar-Sept
Mar-Sept
25%
(interest reduced to 2.375%) 2001
7(4s 1966 stamped pursuant to Plan
(Interest reduced to 2.25%.) 2006
fARio de Janeiro (City of) 8s 1946
A7s
958
1J.J
103%
1995
1
25%
1968
secured
Dec
1960___June-Dec
1959
gold 6s 1940
pursuant
due
1961— April-Ocf
(City of) —
stamped pursuant
Stamped
118% 118%
IOIV2
Ohio RR—
G
Consol
Alegre
external
106%
118%
mortgage 4s series A July 1975
April-Oct
First mortgage
5% series B (4% fixed
1st series
sinking fund
A4(48 assented 1963
A6s
111%
105%
nf
Mar-Sepf
Mar-Sepf
AExternal
reduced
109%
30
103
1996
93%
—
100%
104% 104%
2000
13
44
99%
38
.
1
25
44
97%
109%
1
13
103 %
'
1
96
—
100%
104%
'
March
9714
97%
1958
A4%s assented
Stamped
.'
March
96
__
101 "
107%
42
476
1966—-Jan-July
due
97%
73
88%
99%
96%
386,
June-Dec
due
—
88%
72 *
,
1952—Mar-Sept
2nd series
6s
f 6s
A4(4s assented
reduced
July
M
97%
__
%
97%
110% 111%
First
fixed
93
95%
100%
102% 102%
April-Oct
1964
K
(interest
April-Oct
5AStabilization loan sink fund 7s
1947—April-Ocf
Stamped
4%s A
Series
—
95%
96%
102%
-
May-Nou
4s
Series
23
95%
93%
99%
105% 106%
1963
consol
Refunding 4s series A
—
100% H)1
.124.
ill
-
Pittsburgh
33%
89%
June-Dec
Beneficial Industrial
external 7s
f
s
s
(Republic of)
Stamped
3%s
12
33%
97%
97
99
10<:%
124
101
Fe—
61%
v44
—
95%
100 %
93%-
100% 100%
-101-
1962__April-Oct
60%
...
May-Nov
1994
External secured ref 314s series B
SAPernambuco (State of) 7s 1947.
Stamped
3s
n%
1214
60(4
93%
106%
—June-Dec
1966————
•'
'
•.
(interest
1963
Stamped mod 314s ext
AExternal
/
37
100
1959.-'
Refining 2%s debentures
'
'
94
*99%
91%
100%
•
76%
100 a/8
...
--
June-Dec
Santa
first
Series
Panama
1961
Coast
i
1
—
—
reduced to
8s
mortgage
Series
2.125%) 2008:
;
Mar-Sepf
sinking fund 614s 1959—.Mar-Sepf
Stamped pursuant
Porto
4s
74
2
June-Dec
1957
debenture
5s
Topeka Si
-
92%
.
78
101
93%
__•/
•
.
May-Nov
(interest
2.125%) 2008
Mar-Sepf
Netherlands (Kingdom) 3%s 1957
May-Nou
Norway (Kingdom of) 4%s 1956
.Mar-Sept
External sinking fund 414s 1965—
April-Oct
4s sinking fund external loan
1963
Feb-Aug
3%s sinking fund external 1957——;
April-Oct
Municipal Bank extl sink fund 5s 1970— Jmte-Dec
Oslo (City) sinking fund
4%s 1955.
April-Oct
IA Poland
Products Co
Ref
Sinking
to
April-Oct
1952
93%
contingent interest) July l975_April-Oct
Refunding and general mortgage 5% (2%
fixed
and
3%
contingent interest) —
—
pursuant
reduced
APeru
W
101
100
1969—__—„—I—April-Ocf
gold 4s July 1995——1—Quar-Jan
first
104%
*75%
__
__
and 1%
Jan-July
agree't)
ASmall
Minas Geraes
ASecured
P
Co
196%
103%
B
r9%
—
assented (1942
new
ASecured
Tobacco
debentures
104%
103 %
•
108% 109%
April-Oct
debentures
convertible
104 %
107%
•-
96%
f
1922
1933
7%
104% 104%
108%
1973
Arbor
*104
-June-Dec
—
.
debentures
General unified
9%
5%'
—
Milan
convertible
1961
14
COMPANIES
__
April-Ocf
10%
3%
8%
(assented to
6%
/
7%
—Jan-July
—
1987
First
874
—
—
ATreasury 6s of 1913
A6s
-April-Oct
——
1986
1982
Baltimore &
A4s new assented
ASmall
1975
Jan-July
ASmall
86%
*60
Feb-Awy
debentures
Atlantic
..
—
12
'107
Tune-Dec
1980
debentures
Atlantic
_9%
1966
1995—
to
due
agreement)
A4s new assented
3A4s
1
O
10
10%
*1014
__
T
1014
*1014
■—
ASmall
A4s of
debentures
3s
debentures
General
»
(1942 agree't)
86%
83
86'%
'
7%
-
..
1st gtd 4s 1998— _April-Ocf
Mfg 2s debentures 1956
Mar-Sept
Stamped 4s July 1 1995—...
Atlanta Si Charlotte Air Line Ry—
—
_
ALarge
INDUSTRIAL
May-Nov
1967
Western
Si
deductions
Atchison
—
82%
81%
20
81%
*7%
Aprif-Oct
3%s
debentures
3s
__
—
85%
89%
"
'7%
first
Airlines
American
ASmall
AND
1952
convertible
Ann
__
A5s new assented
7s
3%s
5 %
±1.
__
(1922
93
86
»
-Feb-Aug
2%s
101
ASmall
JA5s assented
Co
debentures
2%s
1
%
9
92 %
*83
*87%
'.Feb-Aug
1958
.
2%s
■ _r;
,
14
14
8%
*80%
/
—Jan-July
3%s s f debs 1964._May-Nou
Foreign Power deb 5s 2030—Afar-Sept
American Telephone & Telegraph Co—•
2%$
5%
5%
14
11 %
10%
__
85%
May-Nov
1978—-Feb-Aug
3%s debentures
(1942
11
55
-
*121
__
1978—June-Dec
American &
«
—
■
93
*130%
__
May-Nov
1979
2%s
agreement)
71%
—
American Bosch Corp
62
71
100& 100Jt,
—
(Republic of l—
ALarge
61
62
1943
assented
Si
2%s
—.—April-Oct
A414s small
ANew
.
1
14
Drainage
514s 1950
Mexican Irrigation—
5A4!4s assented (1922
Mexico
&
1414
82%
66
*126
__
mortgage 3%s 1972_Jara-July
Susquehanna RR 4%s 1975
April-Ocf
Alleghany
41%
70%
7s
Jan-July
82%
9%
93
Feb-Aug
conversion
Southern
Power
Allis-Chalmers
June-Dec
AExternal
Great
American
to
18
*7
__
..Jan-July
Valley (Dept of)
(City) external 7s 1958„
Alabama
40%
62
8s
May-Nov
readjustment
AAdriatic Electric
48
3914
7»
70
—
readjustment
external
assented
Alabama
3914
A
1
1958.—
7s
readjustment
67
__
1962—__May-Nov
1958—
conversion
85
75
__
April-Ocf
RAILROAD
64'/4
Utility—
Credit Institute
t
external
11%
102
Albany
39%
High
80
Cauca
A4%s
-
.
Mar-Sept
—.......
62%
102
—
Low
13 %
9 %
52
64
*10214
1014
Jan-July
1947..
11
1214
May-Nou
1960
1977
Public
11%
April-Oct
2—Feb-Aug
6!4s
sink
extl
May-Nov
Jan. j
No.
Cauca
A Warsaw
50
11%
—
Kingdom
(dollar bond of
external
Del
See
49%
'
Valle
High
85
Government—
A7s
Irish
of)
1976
1
Range Since
Sold
E5
__
Jan-July
2012
external
3%-4%-4,^8 external
*
■
s
of)
assented
4-4%-4%s
E!
<
External
Bonds
A
1962
3%-4-4%s
99
95
Feb-Aug
April-Oct
1968
2 '/«)
Slovenes
External
98%
Jan-June
1942
1962—.
35
Friday's
*68
-
2004—Jan-July
Sydney County Council 3%s 1957
§AUruguay (Republic) external 8s 1946
AExternal sinking lund 6s 1960
AExternal sinking iund 6s 1964
to
External gold 514s 1955___
External gold 4!4s
25
3514
35
or
Bid & Asked
A
Plan
to
B secured
(Prov
A4%s
114
Mar-Sepf
2.25%)
external
secured
15
to
reduced
&
31
109
3514
April-Ocf
1960
Croats
87 %
to
loan
pursuant
8114
22%
__
dollar
1956
Plan
to
reduced
(Interest
—
loan
water
external
Stamped
4
8414
23
Sale Price
(continued)—
pursuant
80
Jan-July
reduced
(interest
extended to
external
(Interest
43
47%
(State)
Stamped
of)—
Stamped assented
Paulo
79%
47%
1
—
*48%
8714
May-Nov
May-Nou
30-year 3s sinking fund $ bonds 1978
Czechoslovakia (State; —
6%)
43
48%
*48%
—
(Republic of; 7s 1951
(Republic ofi 414s external 1977..—June-Dec
Cundlnamarca
San
78%
79%
1
48%
—
May-Nov
79%
42',4
43
..April-Oct
ACosta Rica
79 %
__
fund dollar bonds 1970—April-Oct
SASinking fund 7s of 1926 due 1946
§ASinking fund 7s of 1927 due 1947
Copenhagen (City) 5s 1952—
25-year gold 4%s 1953
78%
*79
__
Jan-July
_
I AColombia Mortgage Bank 6%s 1047
Cuba
55%
Last
Period
Low
A7s
1961_
Jan
514
Week's Range
Interest
Exchange
High,
2
High
BONDS
New York Stock
(Republic oi)—
June-Dec
5s 1951_
10
Week's Range
Interest
BONDS
New York Stock Exchange
WEEK ENDED FEBRUARY
FOR
mortgage
4%s series A Jarf 1
2020—May
AGen
mortgage
4%s series
2020—May
66
B Jan
1
65
66%
42%
60
62
671
a-
*66%
42%
65'7
P7%
68
42%
43
•
41%
a
Volume
Number 4881
171
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
(675)
27
NEW YORK BOND RECORD
RANGE FOR WEEK
Friday
BONDS
New York Stock
Interest
Exchange
Period
Last
*
or
Sale Price
Friday's
Bid A Asked
Low
Central
RR
Co
General
Central
of
N
New
York
3'As
1987
Power. 3s
Jan-July
1974
Central Pacific Ry Co—
First and refund 3'/2s .series
First
mortgage
3%s
Refund
and
&
mortgage
inc
3aAs
mortgage
5s
conv
series
inc
mortgage
A
&
North
130
133%
103'A
Edison
104
105'A 105%
43
Elgin Joliet & Eastern Ry 3'As 1970
<■110
Chicago
Rock
General
Island
mtge
111% 111%
1st
Income
*
Chicago
2%-4'As
Union
gold
61%
371
"87 Ye
April
101'A
June-Dec
a
105'A
3%s
gtd
series
debentures
E
Cincinnati
General
gold
General
5s
B
St
&
Louis
Mich
3'As.
guaranteed
Line
first
mortgage es
First
mortgage 4'As series C
6
series B
Feb-Aup
1961— April-Oct
1972
7
v
First
Fuel
&
Iron
mortgage
2
Columbia
3'As
Gas
3 'As
Gas
106
debentures
77'A
debentures
66
64%
&
South
&
Toledo
Commonwealth
mortgage
First
107 %
6
__
Coal
82%
&
107%
100
100
~4>
,
■
107% 1073A
107
105%
105'A 105 7A
68'A
First
and
First
L
94'AT 00
23As
ser
Feb-Aug
A
mtge
2%s
ser
B
and
refunding 3s series D
First
and
refund
mtge 2%s ser C
mtge
3s
first
first
gADeposit
§ A 7 'As
§A6s
A
101%
—
—June-Dec
5'As
—June-Dec
.
1952-
deposit
B
deposit
Power
&
Lt
101 % 102'A
103
receipts
First
mortgage
First
first
3s
mortgage
3
mtge
5
113'A 118%
"103%
318
2
52'A
93
3
49%
3
33%
33%
3
& 'Co
Delaware
New
2%s
Lackawanna
York
First
and
refund
AIncome
Essex
M
mortgage
Morris
&
Collateral
Delaware
First
&
due
101%
105%
102%
102
&
Light
103
3s
Rio
Grande
1%
contingent
103
'105'A
Afay-Nov
—
—
interest)
Salt
mortgage
l'A
contingent
Edison
General
and
General
convertible
Detroit
&
/.Second
Mack
66%
57
63
68
28'A
27%
28'A
52
27%
32'A
103'A
102
"106%
105
105
103%'
30
102
1
—
103%
'
—
105
"105
—
15
10
104
105
102
104
101%
101%
101
101
109
104
1041
—
101'A 101%
"100'/a
"101%
1
„
—
1955
1966
Div
first
Div & Term
Division
Gold
3'As
Springfield
u
Jan-July
Division
first
first
—
t.
gold 3'As
gold
4s
Joint
First
first
First
and
and
series A
5s
refunding
4'As
mortgage
Terminal
Ry
Illinois "&
Union
series
2
103%
103'A 105%
102%- 102%
12
104'A
6
106%
93%
96%
101'A
101'A
100%
100 %
„
105
107%
~
—
1
—
102'A
102%
100%
101 Va
100%
„
101
2
101%
101%
1
—
102%
102%
-
102% 102%
"102'A
103%
71
.
101% 101%
"101%
June-Dec
—
—
—
--
—
C
1963_June-Dec
1963_June-Dec
105
104% 105
64
3 04'A
(3 'A
100'A
100% 100%
78
100'/a
101%
94
first
94
94
9
94
99
1970—__-Jan-JuZy:.
gold 4s 1950-Jan-July
99
1
98'A
"100
100'A
—
97%
100
99%
lOO'A
Ry Co—
49%
—
—
AFirst
89
AFirst
1956--—.
—
—
85%
86'A
105
81%
88
April-OcZ
AAdjustments 6 series A July 1952
33%
B
"90%
86'A
36'A
35'A
36%
202
34
39%
Jan-July
47%
32%
80%
80%
81%
35
75
gold
103
103%
series
5s
Franklin
Jersey Central
„
96
1956-
r
Clear
&
Power
first
& Light
4s
2%s
Jan-July
80%
Gl'A
80 'A
81'A
52
75
82%
61%
61'A
41
61
61%
"96
1959_June-Dec
73%
1976—.Mar-Sept
82%
"103
99%
—
74%
15
103%
—
97
100'
73
76%
103
103%
K
—
104
14
95%
104%
99%
Kanawha
&
Kansas City
Mich
first
gtd
gold
Power & Light 2%s
2%s
mortgage
4s
"82
1990_ApriZ-Oct
1976—„„June-Dec
"5
103% 103%
June-Dec
"104%
1950—April-Oct
"100 A
1978
103%
103%
•
•
—
'
Kansas
l973_M«y-Nov
85
35
"58'A
7
86
59'A
60%
81
63'A
City
Southern
Ry
1st
First mortgage 4s series A
First
mortgage
3%s
67%
67'A
65'A
68'A
1979_Jan-JuZy
105
1G5
12
105
105
Jan-July
96%
93'A
96%
7
95'A
97'A
April
75'A
74'A
75'A
70
69'A
gold 4s 1987
Indiana Terminal 4'As
33
"104%
Jan-July
Kentucky
Central
&
Plain
104'/a 105
104'A
A
"114%
;
-
,
30
103%
105%
105
105%
27
103 %
103%
2
lOO'A
100%
—
—
35
100'A
Jan-July
1961
100 A
—
103% 103%
1961_Jan-July
100'A
108
Jan-July
4'As
unguaranteed
1961
Jan-July
Kings County Elec Lt & Power 6s 1997—April-Oct
Koppers Co first mortgage 3s 1964a
April-Oct
fAKreuger & Toll 5s certificates 1959
ZHar-Sept
IOO/2
—
97%
97%
2
97
181%
181 %c
104 %
104%
1
104
104 "2
1
—
1
4
1
1
63
114
120
"181% 185
97%
76
91 "A
ApriZ-Oct
1968——June-Dec
April-Oct
Stamped 1961
fixed
B
1974a
Kentucky
"106% 107'A
3s
1975
series
Kansas City Terminal Ry 2%s
Afay-Nov
1977_June-Dec
1993
C
§AInternational Hydro-Elec deb 6s 1944_ApriZ-Oct
Inter Rys Central America first 5s B
l972_May-Noo
1st
fixed
interest)
series G
refund
2%s
debentures
first
gold "4s
'oornot*"
lien
1995.
series
I
91 "4
105
105
107%
107 % 107%
1982_May-SepZ
102%
-June-Dec
114%
1958
gold 4s
•
106
A
31%
series
105%
101'A 101'A
"101'/a
Feb-Aup
series D
4s
4s series
Iowa
1963
S3
5s
'
Chicago St L 81 N O—
refund
refund
"102%
101'A
_Jan-July
1951_Jau-July
1951a
'
••
48
"100% 102%
Feb-Aug
Illinois Central
105
"101%
Term
1951
Lines
1951
gold 3'As 1953
Jan-July
gold 3s 1951—
Feb-Aup
gold 3s 1951— Jan-July
first
and
3s
•
—
103% 103%
"102% 103
June-Dec
gold
—
—
105
"35
1952—
Refunding and imp 2'As series C 1986—June-Dec
^International Great Northern RR—
AFirst 6s series A 1952.—
-Jan-July
Div
1993
Jan-July
1966
—May-Sept
refunding 3s series H 1970_june-Dec
3'As
and
65
Lake—
Income
Detroit
5s
——
3'As
Indianapolis
Co—
mortgage series A (4'A%
contingent
interest)
2018
&
93
65
—
104'A
95'A
April-OcZ
27As
89%
Afar-Sept
105%
RR—
(3'A
13
April-Oct
;
1952
4s
103%
AIncome
Denver
gold
4%s
St Louis Div
Jamestown
1975_April-Oct
Afay-Nov
trust
90'A
Jan-July
104%
22
100%
89'A
Jan-July
Bridge gold 4s 1950
Indiana
103%
127 %
90'A
June-Dec
1951
trurt
Louisville
119%
35'A
1973
Western
series A
3'As
lines
115
93%
100 %
35%
2042
coll
&
1
u-
4s :1955
Illinois
33 y8
RR
1
1981_Jan-JUly
B1 1978i
1951
4s
Purchased
108
1
'101
coll trust 3'As
First mortgage
i
106%
35'A
90'A
"104
mortgage and
Denver
gold
105
35'A
-June-Dec
June-Dec
mortgage and
First
gold
105%
32%
April-Oct
May
99%
99%
95%
27%
1993
4-6s
100
104%
127'A
—
101
107%
5
1963
C
"100
95
25
-June-Dec
series
"100% 100%
"127'A
107
division
trust
Power
5s
100
T —
104% 105
35
Western
&
67
104%
95%
31%
1965
Western
Lackawanna
62,
II
107'A
34'A
1946
extended
4s
3 00%
"104%
1047A
31%
"88
1965—
debentures
Hudson
&
"100
11
103%
'
Feb-Aug
34'A
1978
Dayton Union Ry 3'As series B
Delaware
First
Jan-July
A
64%
May-Nou
31 'A
1978
series
64
Debenture
105%
92%
79
75
101'A
Refunding
102%. 103
49%
104%
"
i
■
series
3s
103
„
—
103
103%
108%
107%
102%
103
"l
78
105%
1946_June-Dec
23As
■
f
Telephone 2%s series A
105 "/a
104%
4^ —
—
-4
~9
"7 'A
20
104
105'A
D
Dayton
Feb-Aug
^April-Oct
1957
105%
99%
78
-May-Nou
———Jan-July
Collateral trust gold 4s 1953—.
i
—^May-Nov
Jan-July
_Jan-July
receipts
1957
mortgage 4%-4%s series A
Western
103
105'A
"103'A
33%
Feb
A
106%
101%
97%
i
mortgage
Omaha
16
87'A
96'A
12
103%
106%
20
95
85'A
~7%
-April-Oct
104%
105% 105%
—April-Oct
5s
5s
1962_Jnne-Dec
Registered
"105
118:
income
first
Collateral
—
104% 104'A
94%
--
-103
"103
-J&n-July
—Jan-July
1979_May-Noa
Consol mortgage 5%-33As series B
1979—May-Noy
Consol mortgage 3%s .series; C
1974-—May-Nov
Cairo
10
78
1976—Mar-Sept
1970—
Extended; first; gold 3'As 1951—
First gold 3s sterling 1951—
101
"106%
1942——June-Dec
—
series
107
2%s
105%
—
"99% 100
May-Nou
Corp
100%
"101% 103
l979_Jan-July
receipts
series
104%
2%s
first
gold
Bell
2%s
1999:.
firsfesink fund 5s<ser<A
■
.....
First
mtge
108%
105
100
"104% 105
.
Jan-July
ll/5
"101
1975—Mar-Sept
1965
Jan-July
mtge 3'As 1966_Afay-Nov
1st
107
"106%
debentures
Ry
5s
107
102
102'A
100%
4
85%
"7%
103
Afay-Nov
1
first
Refunding
•
95
98
April-Oct
105%
4
2
"84
April-Oct
1976—
104%
6
10
94%
Jan-July
2%s
100%
—
105
"106%
1972—June-Dec
E
1963
mtge
3s
Cruible Steel Co of Am
RR
:
129
122'%, 124%
Feb
A
1959
1968
M
1969
.
Consol
70
106'A 106'A
*—
"102
1972
series
debentures
§ A Deposit receipts
__
107%
125%
8
13
Illinois Central RR—
106
62 %
14
June-Dec
1982_Mar-Sept
1977_Apn'Z-Oct
Consolidated Natural Gas 23As 1968_
ACuba
105%
46
69'A
107
4
Jan-July
1978a—
Manhattan
Adjusted
Illinois
107%
York—
New
mtge
Northern
106'A
4'As
ref
First
§£Cuba
108%
106
104% 105'A
April-Oct
1999
refund
Baking
3
105'A
1978-
N-
refund
Power
1C7%
19
103 'A 108 'A
1977
series
of
3%s
Finance
Litchfield
and
Continental
67%
—Feb-Aup
»
First and
Consumers
107
"100%
4s
refund
3s„ convertible
20?
129
100% 101%
-—Feb
Ry first 4'As
.
:
—
107 3A
1951—.—-Jan-July
Conn River Pwr sink fund 33As A
1961—Feb-Aug
Consolidated Cigar Corp 3'As 1965
April-Oct
3s
A
107%
107
,
1970—May-Sepf
1955-Feb-Aup
3'As
external
debentures
Consolidated Edison
ctfs
107%
RR—
3s
Water
Hudson
107
—
92%
103
H
Hackensack
Hudson
82
90%
102%
100% 100'A
Jan-July
B
debentures
first
debentures
59
57
1
Co—
1st and
Util
mortgage
Household
4
"107'A
Mar-Sept
1974—
3s
trust
States
First
12
124 % 124%
101
1982
mtge "inc
66%
57
107
April-Oct
series
3s
fund
Ry & Lt
Deere
Gulf
92%
'
79
82'A
63%
—
103
129
124%
88%
82'A
107'A
1964—April-Oct
-
Ohio'Elec
mortgage
sinking
4s
1974
Edison
debenture
3s
Ohio
&
63'A>
50>*
"Corp—"
first
West
&
Corp
Hocking Valley
66
104%
102
59
—
107
Jan-July-
refunding 4s series B 1975
Jan-July
5s series A July- 2015-Jan-JwZy
refunding 3%s series D 1969__April-Oct
General mtge inc 4s series B Jan
2044—,__April
3s
96
58%
82'A
Mar-Sept
August
Columbus
Bay
First
trust
1973
Columbus
Jan--July
First and
102
75
2
103%
101%
.108
II
92%
.-Jan-July
a
1976
mortgage 2%s series Q 2010
mortgage 2'As' series R 1961
General
103%
99
Inc—
March
1952
1973
D
First and
83%
26
7
61%
"102%
Jan-July
Gulf Mobile
96'
877A
..May-Nov
1971
System
3s debentures
First
coll
8r Electric
debentures
Columbia
B
C
"series
ADebenture'certificates
103%
92'A
Jan-July
104
101
104
60 "a
"102%
J&n-July
Grevhound,
102%
series
series
1990
Collateral
6
Corp—
and
105%
104
1965-May-Nov
2%s'series P
General
„
April-Oct
& Southern
Ry—
(stamped modified) ' 1980
.
"102% 103
60'A
Mar-Sept
2%s
3'As series O 2000
104
104
mtge
3'As series N
106%
103%
first
General
82%
80
Co
mortgage
103
12 '
May-Nov
General
—
April-Oct
1977
87%
TOO
_June-Dec
General mortgage
General mortgage
103%
22
103'A 103%
ApriZ-Oct
1973
87'A
87'A
—
Ry Co—
4'As
105%
.
104'A 105'A
77'A
Colorado
4'As
F)
5'As
General
AGreen
2
Co—
mortgage 5'As series A
3s
*
.
Colorado
(B
Northern
General
101%
76
—
103%
—
Jan-July
1950
gtd 4'As
Terminals
First
Conn
Great
79%
105% 105'A
103% 104
"
-June-Dec
First
3s
84'A
87 (A
_.tan-J-h/
1970
First mortgage 3s 19821Cleveland & Pittsburgh RR—
Union
56
101
"96
1991_Jan-July
3s
97 Va
85%
86%
1956—May-ZVou
88
103%
79'A
6s
51%
General .5s
101'A 101'A
1990_May-Noy
Illuminating
70%
97 '/a
Mar-Sept
trust
87
—
102'A 102'A
June-Dec
Div
65%
87%
G
103%
_June-Dec
1993-
26
—
"97'A 102
1974—Mar-Sept
deposit
Sugar collateral
Goodrich
90
102%
June-Dec
4s
Short
1961
19591
General Realty & Utilities Corp—
'
A4s conv income debentures 1969
103'A
"110%
June-Dec
Division first coll trust
Cleveland
4'As
71 %
Ry—
4s
Cleveland
debs
3s
first
60
'
1st
Electric
Rubber
'
Refunding and impt 4'As series E 1°77
Cincinnati Wab <fc
&
Coast
refunding 5s series A
104%
2
6102 'A
Feb-Aup
1993.1
4s
1035A
—April-Oct
Chic
series
105%
1969—£eb-Aug
1974
1959—;
67
65%
—
"86%
Jan-July
1971-Mar-Sept
66
1
103
^_Jan-July
'
First mortgage 2%s series G
IT Financial Corp—
65'A
__
1953_Afar-Sept
55%
98
*76%
23As 1975-Apn'Z-Oct
1978
Terminal—
mortgage
102%
Francisco
'
1952.Jan-July
and refunding 4'As series D
1962_Mar-Sepl
D
14
101 'A 101 iJ
"82
Jan-July
Tire
East
ACertificates of
103% 103%
103'A 103'A
June-Dec
--Jan-July
Series
102'A 103
54
4s
Union
mortgage 2s series H
Division first mortgage 3'As
92%
54 'A
1963
Cleveland
50%
89
53'A
1963
St Louis
45'A
15
64
—Jan-July
City Ice & Fuel 2%s debentures 1966
City Investing Co 4s debentures 1961
«-•
11
133
F
Cleveland
501/^
92'A
59 3A
G
2%s
<>"%
69 3A
conv
First
C
62
5 7'A
Jan-July
1st mtge
110%
2000——Jan-July
60
.68'A
series
Cincinnati
3 Vas series G
14
577A
series
& Elec
mtge
consol
613A
68'A
3'/as
mortgage 27As
consol
First
AFirst and
102 y8
2%s
First
First
101
Sl%
|
April
mortgage
Cincinnati Gas
110%
108
'105%
72
mortgage
First
106%
..
105%
110'A
ApriZ-Oct
1990a
40'A
1994
Indiana
6
110% 110%
T04
ApriZ-Oct
3'As .series F
68
Station—
Western
1965
5s
mtge
36%
First
&
first
A
consol
10
l999__April
1951
110%
—
__
Ry—
4s
110%
First
Ohio
2019_April
1951
1
101%
151%
Jfar-Sept
109%
22
A Jan 2019
5s
101
103%
99'A
Ry—
ser
101
101%
mtge inc 4'As series A Jan 2015-Jan-July
First consol mortgage 3'As series E
1964_April-Oct
111%
39'A
First
Chicago
23
^.-Jan-July
1
103%
108%
71
2044—
1989
100%
103
102%
71
Haute & Southeastern Ry—
refunding mtge 2%-4'As 1994_Jan-July
and
111'A
6
36%
Pacific RR—
4'As Jan
100%
2
Co—
tFlorida
B
Southwestern
94'A
5
Georgia div first 5s 1956_May-Now
first eons gold'5s 1995-Jan-July
1965
Firestone
Orleans
Memphis Division
9
0126 'A
Chicago Terre
First
&
&
stamped
79
1
103'A
92 3A
103% 103%
(N ;Y)
Railroad
91
Pacific
&
Paso
5s
73%
4'As
conv
El
Erie
86'A
series
Chicago St L & New
114
El 111
12
1
11.
High
102'A
27
94'A
100% 100'A
uenerai
10)
109 »A
*102% 103'A
100'A 100'A
373A
120%
114
3
106'A
120'A
114
105'A
107
114
East Tenn Va
22
A Jan
Low
May-Noo
April-Oct
101%
May-Nov
19941
Jan. J
No.
-,-ftu-Aay
1
102
88
ser
1961
17
79
A
debentures
35
1"2%
RT'A
inc
conv
3s
.•
77
Western
mortgage
mortgage
—
88
4'As conv increased series B Jan
Fir. t
—
.
Paul &
S4
Range Since
Sold
High
103
2.35s
Light Co 2%s 1977
1st mortgage 2%s 1979
105'A
1997_*_Jan-July
1985
Bonds
102%* 103
May-Nov
104
102'A
Chemical
Duquesne
79
mortgage 4'As inc
Second
104
Dow
1988^_Jan-July
series
mortgagees
Chicago
104
inc series A Jan
4s
Chicago Milwaukee St
General
104
Range
Friday's
or
Bid & Asked
B 1976_May-Sppt
RR 2%s ser
68
1983-Jan-July
A2nd mortgage 4%s inc ser A Jan
2003_Jan-July
Chicago Indiana & Southern 4s 1956
Jan-July
First
104
4%s Jan-1 2038_Jau-July
mortgage
Chicago Ind & Louisville Ry—
A 1st
105%
1
May-Nov
B
Chicago & Erie 1st gold 5s 1982
Chicago Gt West first 4s series
AGeneral
105'A
104
Ironton
1961
103 (A
and
AGeneral
Detroit Tol &
4'As
103'A
First and
First
46%
Tunnel
&
10 J
Jan-July
refunding 4'As series B 1977__Feb-Aug
refunding mortgage 3%s 1985—Feb-Aug
First and refunding mortgage 2%s
1970-—Feb-Aug
Chicago & Eastern 111 RR—
First
1
42'A
Terminal
103
l.
;
Sale Price
Low
132
114
Week's
Last
Period
103 »A
.
1958
209
Interest
Exchange
stock
k
High
Detroit
43
BONDS
132
A
4s
Low
103
div first
consol
gold 4s 1989._Jan-July
Second
consolidated gold
4s
1989—Jan-July
Chicago Burlington & Quincy RR— '
General
No.
:
R
High
:
New Yoi
3
"103'A
4%s 1992
Mar-Sept
M 3'As series D 1996i-May-lVot>
impt M 3'As series E 1996_ _Feb-Aug
impt M 3%s series H 1973—June-Dec
and
Jan. 1
104
and impt
Refund
4434
1974
gold
Refund
10
Friday
Range Since
Sold
105'A 105 3A
Feb-Aug
1968
Feb-Aug
3s -1965—Jan-July
deb
>
45
April-Oct
A
series B
Champion Paper & Fibre
Chesapeake & Ohio Ry—
General
Bonds
J—1
mortgage
ENDED FEBRUARY
Week's Range
1995
June-Dec
June-Dec
—
105
102% 102%
114'A 115
3
33
9
l'A
93'A
Light 4'/»s
conv
debs
1963—Mar-Sept
107%
Lakefront Dock
107%
First mtge sink fund 3%s series A
Lake Shore & Mich South gold 3'As
18
102 %
223
112%
103'A
115
«G8
67'
Laclede Gas
105
106%
3'As
Lautaro
&
registered
Nitrate
RR
1997
Co
116% 117'A
Terminal—
——
1968_June-Dec
1997-June-Dec
93
7
90
93
93
June-Dec
—
94
31
89%
94
84
90
90%
94
Ltd—
'
4
67%
10
{■,:
67%
AFirst mortgage income
reg
1975
—June-Dec
94
923i
'
THE
COMMERCIAL
&
Monday, February 13, 1950
CHRONICLE
FINANCIAL
NEW YORK BOND RECORD
HANOI. FOR WEEK ENDED FEBRUARY 10
Interest
BONDS
New York Stock
Period
Exchange
.Last
Range
Friday's
or
Sale Price
Lehigh Coal & Navigation Co—
Smiting iuna inoi^a^c
ser A l&70_Aprll-Oel
Lehigh Valley Coal Co—
1st
&
ref
5s
stamped
1st
&
ref
5s
1st
&
ref
5s
stamped 1964
stamped 1974
Lehigh Valley llaiooi
First
mortgage
xeiui
General
4s
fixed
5s
Lehigh
85%
N
Y State Electric & Gas 2%s
75%
1
75 %
60 %
N
Y Steam Corp first 3%s
68%
69%
69%
13
68%
70
64%
64%
2
63
65
33%
38
Norfolk Southern Ry
36%
41%
40
44%
38
137
41%
113
44
44%
25
Aprll-Ocl
75
Feb-Aug
*120
Feb-Aug
A
Miami
Lombard
3s
general
Electric
(Pi
Co
debentures
Louisville
4s
7s
First and
A
A
1962
5s
refund
5
74%
122 Vi
*102'A
June-Dec
1951
75
105%
General
105%
77
mtge 3%s
4s
*105%
105
April-Oct
First and refund mtge 27/,s ser G 2003—Ajwil-Ocl
First and refund mtge 3J/4S ser H 2003
Aprfl-Oct
St Louis Div second gold 3s 1980
Mar-Sepl
Atl Knox & Cinr'nnat) Dlv 4s
1155
*93
10
105
99%
*82
—Mav-Mor
88 %
100%
12
104%
*107% 108%
%
Maine
Hi
&
Co
Central
27/«s
RR
debentures
4y2s
series
1972—May-Nov
1960
A
*102
•
102%
107
k
102%
__
June-Dec
*70
73%
1954—June-Dec
*94
95 %
102'A
mortgage & con 4s series B
76
88'%-
Sugar 4s sinking fund Feb 1 1957—May-Nov
Manila RR
(Southern Lines)
4s 1959
May-Nov
May Dept Stores 2%s debentures 1972
Jan-July
89%
89 "2
94
88 !i
*5G%
Corp first mortgage 3s 1966—/
—Jane-Dec
Metropolitan Edison first mtge 27/,s 1974—May-Nov
Michigan Bell Telephone Co—
3V»s-debentures
1988
April-Oct
'
2
'
•102%
--
'
'
—
.
3
55
Lans
First
gold
&
Sag 3%s
3%s
1951
1952
Uax-Sept
First
mortgage
2%s
1969
First
mortgage
3%s
1969___
3%s sinking
t!l/.Midland
Minnesota
Minn
St
fund
of
N
first
&
Saulte
.
"
107%
St
Jan-July
April-Oct
1940
1967
4%s
A
85%
102
2
4
*102%
60%
April-Oct
&
87
lien
5s
40-year 4s
Prior
4 Vis
A
B
Pacific
First
and
AGenerai
55%
53%
17
49'A
76
77%
89%
89'A
90
16
and
RR
&
A
Jan
79 'A
80'%
79
98 y2
70 %
98 Vi
gold
5'%s
series
gold 5s
A
first
gtd
1949—May-Mot
1980
April-Oct
H
ser
refunding 5s series I
Construction
3 Vis
3'As
72%
82%
1981
Feb-Aug
120
93%
796
63%
350
62%
100'%
101%
99% 100
37'%
Tel
98%
104
92%
1966
Feb-Aug
May-Mot
*104
102
50%
55%
56'%
81
80
81'A
77
76
78
2%s
1955
M»j-Not
1986
65
102
May-Mot
1
*105
April-Oct
•...
Nashville
First
Chattanooga
St
&
Louts—
mortgage 3s series B
Dairy Products 2%s
*
3s
debentures
debs
1970
103%
78
99 %
105
105
Products 3y«s debs
1974—April-Oct
National Steel Corp first
mtge 3s 1965
Aprii-Oct
'105
104%
June-Dec
■101
101'%
Jfcy-Nor
'102
New
3s
guaranteed
debentures
3s
Junction
J
B
1961
Afor-Bept
Telephone 3y,s 1988
RR
gtd
first
4s
New
Jersey Power & Light 3s 1974
Orleans Great Nor 5s A 1983
New Orleans & Northeastern RR—
Refunding and
Orleans
JNew
impt
Term
Orleans
4'/2s
first
Texas
&
AFirst 5s series B
series
gtd
4s
Mexico
AFirst
4y2s
of
AFirst
D
of
of
105%
104%
'
105
3Vis
—
mortgage
Dork
N
Y
&
first
Harlem
gold
3y2s
F
Mortgage 4s series
A
1986
B
Jan-July
Jan-July
Feb-Aug
-April-Oct
1975
2043
4%s
& West 4s
series
B
N Y New Haven
series
63
Z
103%
101
29
25
101'4
100
99%
99'A
101
98
12
97%
102
101'%
102
102%
100%
33
.....
For footnotes
4s
see
debentures
1983
*107% 108
1973
103
103'%
105 y«
105%
107
—
Oil 3%s debentures
*105% 105%
105%
107%
1C6'A
B
*103
68'%
74'A
—
102'A
1033/4
12
1041/4
105'A
—
103%
104
114
115
11
73%
—
104
104% 105
*103% 104%
114
114
2
June-Dec
5s
1968-
1984
1023
103'%
107'%
107
107%
35
April-Oct
4'%s series D 1981
102%
June-Dec
4Vis series A 1965
series
73
*103%
97%
97
97%
101
101
April-Oct
Jan-June
mortgage 3Vis series F 1985
97
97%
101'%
72
83%
12
83!
103'%
107%
93 3i
41
101
97%
._Jan-July
100'%
104
177
94
100'%
97%
97%
101%
convertible debentures
81
83%
127
&
Eastern
external
4s
4s April
June-Dec
1963
134%
1960
58%
58 3A
13
58
15'A
15%
14
15 'A
103% 103%
13
58%
April-Oct
1990
61
17%
Union
series
5s
geld
4%s
B
1974
series
1977
"110%
103 7%
110
110%
109
109
"3
107'%
109
105%
105
105%
18
105
106 'A
104
104
104
31
103%
104'%
Feb-Aug
C
102
Jan-July
Jan-July
—
Electric Co—
and
and
104
103% 104
10
103%
104%
First
and
103
103
103
18
102'%
103 y4
103
103
103
3
103
103%
refunding 2%s
1971
June-Dec
refunding 2%s 1967
May-No®
refunding 2%s 1974
May-No®
refunding 2%s 1981
June-Dec
First and refunding 2%s 1978
Feb-Aug
t§ A Philippine Ry 1st sink fund 4s 1937—Jan-July
ACertificates of deposit
101 %
60
140
5 8'4
*104
Consolidated
guaranteed
4s ser
F
4
8
8'%
8
103
103%
—
—
8
8
633'4
197
61'A
65%
70'%
184
67%
71%
101%
4s
*102% 108
G
1957—May-Nov
*100%
ser H
1960—Feb-Aug
I 1963_Feb-Aug
*103'%
guaranteed
guaranteed 4s
Consolidated
62',
*100
—
1953—June-Dec
guaranteed 4%s ser
Consolidated
Pittsburgh
ser
guaranteed 4%s
Cine
Chicago
A
ser J 1964-May-Nov
St Louis RR—
1970
June-Dec.
80%
79%
83
74'%
75
3
74
73
59
551/4
4
58 'A
61
Pittsb
—
53%
56%
9%
56
59 3A
52%
55'A
3%s debentures 1965
Jan-July
Pittsburgh Steel 1st mortgage 4'As 1958—..April-Oct
Pittsburgh &, West Virginia Ry—
First mortgage 4%s series A 1958
June-Dec
—
—
—.
'
106%
i-
1063A
Ill'A
112%
—
112% 112%
.
12
■
■
*111'%
—
111
111
19
103'%
106
105
■
—
105% 106
—
10
103V2
106 %
Pittsburgh Consolidation Coal—
2
*55 V'2
27
—
—
58%. 58%
*54
—
8'/.
103% 103'%
—
8%
8
Feb-Aug
80'%
75
IO434
8%
Pittsburgh Cincinnati Chic & St Louis Ry—
62
60
—
.
General
mortgage
General
mortgage 3%s series E 1975
Coke &
Chem
5s series
1st mtge
B
1975
3%s
-April-Oct
106 »A
•
April-Oct
1964
86%
106'A
86'/,
100'% 101
May-Nov
2
83
2
100
101
102%
103
101
102%
102% 102%
101
~
101%
5
14
.
86 Vi
-
103'A
103 Vi 103!%
99'%
*99%
101
9434
100% 101'%
*100%
*94
733',
98%
99'%
First
mortgage 4%s series
94
95%
First
mortgage- 4%s series C
10
99'%
73%
1003i
101%
100%
__
*9434 100
Mcy-Nov
103%
5
•
102%
6
99'%
94'!;j
6
100%
—
—
-
12
w
•
94
95
73
74 >4
May-Nov
79%
79'%
79%
2
77%
67%
66 %
€7%
377
64%
68
47%
46'/«
47 %
548
44%
48
5
101 %
103
B
1959.
April-Oct
Pittsburgh Youngntown & Ashtabula
First general 5s series B 1962
First general 5s series C 1974
First general 4%s series D 1977
Pittston
Co
5%s
Income
94%
ApriZ-Oct
1960
94%
debentures
*93iA
95'A
95'A
95
—
95'A
7
—
—
3
94
96'A
94'%
961/4
93%
96'A
Ry-—
*108'%
Feb-Aug
June-Deo
108
—
—
—
—
108
—
June-Dec
1964—Jan-July
100%
•
10O% 100%
99%
100%
79%
A 2007—Jan-July
lnc 4%s series A 2022—May
Hartford
RR—
refunding mtge 4s
mortgage
1978
5
12
100
69%
70 y.
May-Nov
ser
AGenerai mtge conv
Harlem River & Port Chester—
First
debentures
103%
105% 105%
103'%
103%
102'%
First
104 »A
58%
59%
Jan-July
Jan-July
A
1973
&
100%
13
100% 100%
100%
June-Dec
Philadelphia
Potomac
"
First and
1100'A
1985
1003%
10314
102
April-Oct
Feb-Aug
2043
Y Lack
105%
General mortgage 5s series A
1998—
2000
Mortgage 4s series B
N
104%
Consolidated
1951
4s
*104% 105'A
100'A
RR—
gold
3y2s
106'%
1
103%
98
,
gold
106'%
Consolidated
1997
series
*105% looy*
Phillips Petroleum 2%s debentures 1964
April-Oct
1997
3s
104%
1982__June Dec
1983
June-Dec
Philadelphia Co collateral trust 4 Vis 1961
2
*—
Connecting RR 2%s series
Y
103'%
106
——
1998..
Feb-Aug
Michigan Cent collateral gold 3'/2S 1998—Feb-Aug
3%s registered 1998
-Feb-Aug
New York Chicago & St Louis—
Refunding mortgage 3%s series E T980—June-Dee
First
5
106
99%
'
N Y
104% 104%
Pittsburgh Bessemer & Lake Erie 2%s 1996_June-Dee
1
3%s- registered
N
101'A
4
9934 100
Feb-Aug
1954
collateral
27
102%
April-Oct
Mar-Sept
Mar-Sept
General
V
—
Feb-Aug
Hudson River
registered
Shore
106%
102% 102'%
April-Oct
General
——
•
11
100
April-Oct
—
Feb-Aug
Refunding and impt 4 Vis series A 2013_Aprii-Oct
Refunding and impt 5s series C 2013—April-Oct
Lake
106 %
106'/B
First and
1956
3%s
106
1
April
Ry 5%s 1974
—Feb-Aug
Pere Marquette Ry 3%s series D 1980
Mar-Sept
Philadelphia Baltimore & Wash RR Co—
103'% 103%
deposit
mortgage
17
106% 106%
R
& Tel 2%s debentures
Peoria & Pekin
103% 103'%
1952—Jon-July
Jan-July
Central RR CoConsolidated 4s series A 1998—
-General
106'% 106%
1986
Peoria
—
New York
N Y Central Si
107
106%
1987
3s
deposit
5'/2s series A
ACertificates
106
First
deposit
series
ACertificates
24
debentures
General
Ry—
-
106'% 106%
Peoples Gas Light & Coke Co—
119%
—
106
106 Vi
106%
*104Vi
106
195
——
106 Vi
105%
*100%
101%
—
10
—
105'%
105%
Convertible debentures 3'%s 1952
118%
-
100'% 100%
Jan-July
1954
A Certificates of
deposit
AFirst 5s series C 1956
/^Certificates
A
1953
lOfc
Mar-Sept
New
New
*75'%
105%
2
Q 1980—June-Dec
General mortgage 4 Vis series E
101
7
104% 104%
1107%
Jan-July
Feb-Aug
1986
104%
8
P 1981—June-Dec
106%
—
*105'% 105%
April-Oct
—
103%
3
105% 105%
debentures
General
103%- 104'%
•
-
118% 119
May-Mot
1974
Jersey Bell
N
1977—June-Dec
AIncome
series
1982
debentures
New
4%s
102'%
105% 105%
N
103 %
105%
~9
■
102
II
*105'% 107%
1979—June-Dec
refunding 3s series
94%
England Tel & Tel Co—
First
refunding 3s series M
First and
106
.106
104
Supply 2%s debentures
Naugatuck RR first gold 4s 1954
102% 102'%
104% 104%
1974—June-Dec
103
27
Vi 106
1967
L
93
103% 103'%
June-Dec
National
refunding 3s series
General
June-Dec
1970
and
General
Distillers
102%
*105
Airlines—
A3%s convertible inc debs Sept 1 1960—April-Oct
Pennsylvania Co—
Guaranteed 4s series E trust ctfs 1952—May-Nov
Pennsylvania Glass Sand 3%s 1960
June-Dec
Pennsylvania Power Si Light Co—
First mortgage 3s 1975
April-Oct
3s sinking fund debentures 1965
April-Ocf
Pennsylvania RR—
Consolidated sinking fund 4%s
1960
Feb-Aug
81%
72
94'%
"105
Nat'l
13'%
106%
101%
Pennsylvania-Central
57%
93'A
4
106
*93
Feb-Aug
12*
13
105'%
1964—June-Dec
.
1986
13
101% 102'%
Paducah & 111 1st sink fund gold 4%s 1955_Jan-JuIy
N
National
107%
105'% 105%
1971—June-Dec
3Vis
102
'•
75'A
29
98%- 98%
107'%
102%
50
54'%
9
refunding 3s series K
Paciiic Western
100%
102
46
;•
and
3'%s
103%
103%
—:
102
102%
—
Electric Co—
Si
3 Vis
102
56
■-
102
—
107% 107%
102'%
27/«s
40%
93%
155
B
Tel
33%
99'%
98'A
*61
1978
100%
94
99% 100'%
100
Mar-Sept
series
&
132
530
38%
107%
and
Pacific Tel
74%
99%
1991
mtge 4yaS series B
States
debentures
65
71
99%
102%
97'A
105%
*98
June-Dec
refunding 2%s series
First and refunding 2%s series
First and refunding 3%s series
First and refunding 3s series S
82'%
99%
38%
102
102'A
93
June-Dee
First and
81'%
:
68%
4s
Morrell (John) & Co. 3s debentures 1958
Morris & Essex first guaranteed 3'/2s
2000_June-Dec
Construction mortgage 5s series A
Mountain
75
98
*
1955-May-Nov
Ry
74
98'A
-
refund
Monongahela
1
1
" *
*
Co—
Afor-Bept
Malone
79%
80%
76
76
1963—Feb-Aui
and
AFirst and
Mohawk
series
1975-
I AConvertible
AFirst
5s
791/4
102
21
*102
Feb-Aug
1975
1978
1979—
First
84% .92%
Jon-July
1967Aprii-Oct
104'A
102 y2102%
101%
First
85%
Jon-July
56
P
54%
81%
Jan-July
1978
25
*104%
refunding 3Vis series I 1966—June-Dec
First and refunding 3s series J 1970
June-Dec
87%
84%
9
80%
refunding 5s series F 1977—Afor-Bept
refunding 5s series G 1978—May-Nov
and
AFirst
D
Gas & Electric 2%s
Pacific Gas
103%
103
52'A
'.
94%
*102%
Jan-July
Mar-Sept
April-Oct
1974
61
80%
1962
97 3/8
- •
106 ai
•106 Vi
June-Dec
__
refunding 5s series A
4s
AFlrst
1962
series
adjustment
^Missouri
A
series
lien
ACum
,
series
Si
First
1990
S3
93%
102%
May-No®
First and
4s
3
104% 105'%
Oregon-Washington RR 3s series A 1960—April-Oct
Marie—
Texas first
89'%
94%
87
—
«
17
87'%
86
94%
105
Mar-Sept
66
31
86
94
D 2047—Jan -July
1975
64
—
101
14
*J03% 104
87%
70'A
17
110
Telephone—
First mortgage 3s
:Mlssouri-Kansas-Texas RR—
Prior
Bell
First mortgage 3Vis
109%
-
—
61
107%
64%
2047—Jan-July
First mortgage 2%s 1975
■
mortgage 4'/2s lnc series A Jan 1971—M»y
/.General mortgage 4s lnc ser A Jan 1991—May
Kansas
34%
109
101
103% 106%
112
106'%
87
2047—Jan-July
C
109
2
70
64%
*58 "
Feb-Aug
first mortgage 2%s 1974
April-Oct
2%s 1975
Jari-Juiy
mortgage 3s 1978
First mortgage 2%s 1979
Feb-Aug
(Wisconsin) first mortgage 2%s 1977—Apri/-Oct
First mortgage 3s 1979
.Mar-Sept
;
Oklahoma
\ M
*105'A 105%
"»
107
66%
109
Quar-Feb
Ohio Edison first mortgage 3s
•
— —
85%
107
—
114
106'% 106'%
Quar-Aug
Lake Champlaln Ry—
S AFirst guaranteed 4s 1948
—
109% 109Vi
109%
First
Missouri
'J
■
91'%
133'%
O
107%
101'A
__
*102
'
—
65
First mortgage
tOgdensburg
"
•:
'
Afar-Sept
1967
5s*
ext
Mining & Mfg 23/«s
Paul
;
'<
Mar-Sept
debentures
J
*99%
-
"
May-Mot
-
Refunding and impt 4'%s series C 1979—Jan-July
Michigan Cons Gas first mtge 3yas 1969—Mar-Bep»
88
114
,
--
Michigan CentralJack
107%
130'%
—
*102'%
Quar-Jan
101%
100%
—
*107% 108%
'
-
15
89
*110V2
Quar-Jan
2047
1
3'%s debentures 1979
,
'
15
107'%
1063%
90'AV
5'%
89%
101 % 101%
Mead
'
'
107
Power Co—
States
Northwestern
72
-
-
First
Manatl
91 %
130'% 130'%
April-oct
(Minnesota)
108%
102%
17
M
(R
17
74
103%
107'/,
1
"3
91
April-Ocf
First
Macy
74
102%
106
107 % 107 Va
Mar-Sept
A 1974—Mar-Sepi
2047
Improve 4%s ser
improve 5s series
improve 5s series
trust
Collateral
Northern
102% 102%
1996
I
1997
3s Jan
registered
Refunding and
Refunding and
Refunding and
105%
2%s 1979—May-Nog
1st mtge
85 %
% 102 '%
lien
3s
100%
96%
84
102
.*-_
47'%
13'%
'a
5
107 Ve 107'%
1974
i
1997
4s
registered
General
105%
104%
—
104% 105
F 2003
ser
lien
Prior
„
*60
Feb-Aug
Aprll-Ocl
42%
25
106%
Northern Pacific Rv—
RK—
Louisville Gas & Elec
first gold 4a
reiuuding 4%s ser
and
45%
*105% 106
107 %
63'A
105%
—
102% 102%
102%
9 %
33A
1023/4
122%
4
105% 105%
May-Nov
1952
1963
Nashville
&
series
series
debentures
Western Ry
Northern Central general Si ret 5s
mortgage 5s extended to 1979
57
High
Co—
AGenerai mtge 5s convertible lnc 2014
Norfolk &
14
3
61
40%
7J%
—
74
57
36'%
Low
—
74
§ AGenerai
74%
63'%
106
11
58%
72 %
60
63'%
17
53%
41 'A
102'4
16 %
33
36%
10
45%
11
May
May
102% 102%
102%
*17%
56%
—May
3
Jan-July
60%
May-Nov
27
.-Feb-Aug
1937
55%
2003
Liggett & Myers Tobacco 5s 1951Little
Susquehanna As Western RR—
refunding &a 1937
59%
16
3'%
*99»/2
56%
74%-
bonds—
mortgage
Lexington & Eastern Ry first 5s 1965
Lorlllard
Y
5 AFirst
Valley Terminal Ry—
First
3
*„
59%
73%
Jan-July
175
Jan-July
May-Nov
1974
8 '/a
Jan-July
1977
1963
interest 2003—-—May-No*
to
4!%s
F
82%
SASecond gold 4%s
contingent interest 2003
contingent interest 2003
contingent Interest 2003
E
Series
i
75%
Feb-Aug
1984
Series C 5s fixed interest 2003
Series D 4s
Y
82 %
IN
to
interest
Series B 4'/as fixed
Series
Y
N
101
100%
8
82!
Jan. 1
High
7%
—
Feb-Aug
gold 5a 1940—
S A Terminal urst gold 5s 1943
May-Nov
N Y Telephone 2%s series D 1982
Jan-July
Refunding mortgage 3 Vis series E 1978—Feb-Aug
Refunding mortgage 3s series F 1981
Jan-July
Niagara Falls Power 3%s 1966
Mar-Sept
consolidated
Series A
94%
ia55
id
Range Since
Sold
No.
7%
1992—Mar-Sept
June-Dec
Power & Light lat mtge 2%s 1975—Mar-Sept
& Putnam 1st consol gtd 4s 1993
April-Ocf
ttueueitti
N
*100% 101%
Bid A Asked
Sale Price
High
94
—
Bonds
Friday's
or
Last
,
Low
xvy—■
extended
5s
Lehigh Valley RailwayFirst mortgage 4'%s extended
Lehigh Valley RR—
Period
IAN Y Ontario & West ref 4a June
.-Feb-Aug
-Feb-Aug
-
Low
No.
High
*95'% 100%
Feb-Aug
1954
Jan. 1
Interest
Range Since
Sold
BONDS
New York Btvefc Exchange
Bonds
Bid So Asked
Low
Week's Range
Friday
Week's
Friday
1954
i>*jre
29
'
102%
102% 103
Power
1st mtge
;
3 Via 1966
First mortgage 3 Vis
1977
First mortgage 3s 1983
First
Mojr-Nov
Elec
'
.
mortgage 2%s
Providence
Terminal
1984
4s
1956
1
Jan-July
Feb-Aug
Jan-July
__
-
'
*105
105'%
105
105
106
105
105
*107
*105
May-Nov
Mar-Sept
II
*98% 103
Volume
171
Number 4881
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
(677)
29
NEW YORK BOND RECORD
RANG*. FOR WEEK ENDED FEBRUARY
Friday
BONDS
New York Stock
Last
Period
Electric fc
debentures
Gas
1963
104%
and
Quaker
Oats
Friday
Bonds
Range Since
Sold
Friday's
Jan. 1
Bid & Asked
High,
Co—
May-No®
refunding mortgage 3'As 1968.Jan-July
First and refunding mortgage 5s
2037__Jan-J«Iy
First and refunding
mortgage 8s 2037__June-Dec
First .and refunding
mortgage 3s 1972—Jfay-Nov
First and refunding
mortgage 27/8s 1979-June-Dec
First
or
Sale Price
Low
Public Service
3s
Interest
Exchange
No.
Low
debentures
19C4
BONDS
12
104%
105'A
Term
105 %
Reynolds
(R J)
Rochester
Tobacco
Gas
&
3s debs
109
109%
JThird
151%
A
Adjustment income 5s Jan 1960
Tol & Ohio Cent ref and Impt 33As
106'A
106%
105'/8 105%
30
i05y8
50
101%
Electric
mortgage 4y2s
series
D
General
mortgage
series
H
3%s
General
mortgage
General
mortgage 3%s
t A Rut-Canadian
ti'ARutland
3%s
4s
RR
series
4'/2S
J
stamped
debentures
Union
93%
uApril-Oct
93%
7
104% 104%
—
93%
2
C3
95%
104%
Oil
Second
St
Adir
&
gold
Louis
6s
Rocky
1st
gold
6s
*106%
'
—
—
25/8s
1996
8%
10
10
9
—
106%
P
5s
stamped
St Louis-San Francisco
Ry Co—
1st
mortgage
4s
series
mtge inc 4%s series
St Louis-Southwestern Ry—
8%
First
,
bond
4s
certificates
Second 4s inc
General
St
Paul
St
Paul
and
&
bond
ref
gold 5s series A
Duluth
Union
1989
first
cons
First
mortgage 4s series A
mtge 4%s series
Seagram (Jos E.)
3s
& Sons 2'As
1974j
debentures
Shell
Union
Oil
Skelly
-
Oil
2%s
Socony-Vacuum Oil 2%s
South
&
.
North
3s
debentures
debentures
Southern
Indiana
Southern
Pacific
First 4%s
Gold 4 '/2s
Gold
—
A
mortgage
23As
series
F
G
1994
'
1956
Devel and general 6s series A 1956
Devel and general
6%s series A 1956
Div
Southwestern
3 'As
first
gold
5s
99%
Pictures
Sunray
Oil
Corp
27As
%
82
98%
08'/a
*
-99%
__
——
99%
12
99
59
■
60
102%
99%
32
124
103
99 %
98%
10
*104
— —
124
124
and
and impt
impt M 4s series
C
2019
1985
79%
83
97%
95%
-
167
25
88%
88%
88%
95
95"'
95
95
95
76
94
115%
103%
98"%
92%
97
103%
103
16
'If
"*14 '
115% 118
33
93%
88%
■'
95%
90%
95
92 %
96
106
106
106
106%
9
105%
109
105%
106
'
93%
'
95
*107'%
101%
__
101% 101%
10
102% 102%
107
——
2
50
1
104'% 104'%
—-
—
107
50
107
3
97%
—
101%
103
40
101 'A
101% 101%
104
104
51
104
2
*119'%
37As
ser
99%
June-Dec
E
97%
98'A
—
98'A
90
km
91
at
102'A
106
102'A 102%
1978—Afar-Sept
1963
118'A
102)
1958
117
1173A
117% 118
*101
C
ser
102'A
103'A
114 »A
113'A
132
90
H8
103'A
4
99% 100
1973_April-Oct
116'A
103'A
—
103'A
90
Afay-Nov
3'As
118 'A
*104'A
1
__
April-Oct
1995
15
103
*105'A 106'A
—April-Oct
42
*104
91'A
88%
101
99
105'A
104'A
104
series
A
1981
Jan
April
*76
debentures
conv
first
101 %
101%
104
1976—Afay-Nov
__
„
1970—April-Oct
gtd gold 3'As 2000
Feb-Aug
ref
3'As
mortgage
3s
1967
4s
1979
51'A
5s
1966
1969
4'As
2014
102%
78
91
90
102%
103
4
105%
106
106
106
101
101
j._
—
104'A 104%
«
11
104%
105
106'A 106%
18
106'A
106%
62%
63
58%
-63
57
44
59
10
55%
59%
101% 103
81
101%
104%
104%
104% 104%
68
104%
104%
58%
'May
102
—"
-
102
•
Afar-Sept
—
Jan-July
108
46
90%
Mar-Sept
100%.
88%
90%
*"
"
,
I001ff
100%
90%
100
14
100
100'A'
lOOja
102%
101%
1
•
,
lOO/a
—
*
113 ^
99%
85%
Corp—
debentures
1973
mortgage 3'As series D
1967
1958
first
50%
1
51'A
102%
May-No®
*.
4
■<
63
June-Dec
—
106'A
52%
103%
"
3
*105% 106
«
I
1950
&
Co
50'A
—
Apr-Ocf*
1971
convertible
Wilson
102%
—
102% 102%
j.
„
___Jau-July
Wheeling & Lake Erie RR 2%s A 1992—June-Dec
Wheeling Steel 3'As series C 1970
Mar-Sept
First
101'A
„
*101
•>
__
May-No®
I
1951,
debentures
2.65s
73
100
105% 106
__
Afay-Nov
1974
series
estate
T 30-year 5s* 1960
Westinghouse Electric
2%s
*90
_
*—
guaranteed 2361-
real
gold
102%
103'A 104
Jan-July
guaranteed
3'As
3'As
mtge 4%s-4s series A
and
*102
78%
6
10
100
*
mortgage
'Funding
mortgage 3s
Winston-Salem S B first 4s
101% 101%
1 06%
109%
11
109
101%
103 "
101%
102% 103
Jan-July
April-Oct
1960
2 48
1 08
*—
'
—
101% 102%
3
-
Jan-July
102% 102%
7
102_
103.
*
102% 102%
4
102%
102vi
*115%
.•>
—
—
114% 114%
—
^Wisconsin Central Ry—
g A First
general 4s 1949
ACertificates of deposit
Jan-July
Jan-July
1936—Afay-Nov
I ASu & Du div and term first 4s
98%
103%
"
__
73%
—
77'A
100
(subordinated)
Western Pacific 4'As income A Jan
Western Union Telegraph Co— •
105
103
3'As
80
77
*
.<•
ACertificates
Wisconsin
of
Electric
deposit
Power
mortgage
76%"
2%s
2%s
1976-
.
June-Dec
138
—
—
41
»
—
-
—
—
*100
*-
•
100%
—
.
--
44%
—-
--
,
—
77
74
—
50
,
—
44
—
.*
__
—Afar-Sept
—
41
—
1979—__—:
76%
74
•
—
43'A
100
100 A
107%
107 A
.
104%
Wisconsin
Pu'oiic
Service
3'As
1971
Jan-July
*107%
—
—
119%
__
119%
a
Electric
Deferred
Light & Power 2%s 1976_Jan-July
delivery
sale
Included
not
in
ine
*99%
—
y«ura
range,
99%
—
d *x-mtere»t.
•
Odd-lot
aala
104'% 104%
106%
1900. April-Oct
M
102'%
96%
Y
1970. April-Oct
C
refund
97%
102%
5
104
105
Included
13
105%
106%
not
included
11
100%
6
99%
the
^Negotiability Impaired by maturity.
'
{Companies reported as being In bankruptcy, reeelverehlp, ct reorganlaed voder ieetlon
Bankruptcy Act. or securities assumed by such companies.
•Friday's bid and asked prices; no sales being transacted during current week.
A Bonds selling flat.
99% 100%
*129% 130%
•
1985-Jan-Juiy
4
105% 106%
100% 101
B
3%s series
and
Gen
Yonkers
May-Nov
3'As series
General
*102
E 1975—Afar-Sept
Jan-July
registered 2361
Jan-July
Western Maryland first mortgage 4s 1952_April-Oct
50
97%
10
GO
8
__
96%
h
*102
4s
First
April-Ocf
2000
RR
General
107
106%
104 %
17
103'% 103'%
101%
102
2
98%
96%
*98% 100'A
Washington Terminal 2%s series A 1970—Feb-Aug
Westchester Ltg 5s stamped gtd 1950
June-Dec
120%
115%
103%
M
5s
Warren
96%
10
M
gold
Co
25-year
93%
>
r-t O O
90
refund
first
Walworth
W&rd Baking Co
5'As debentures
first
103%
94'%
103
105
*91%
967
.
Shore
108
96 %
*102% 103%
mtge income 4'As series B Jan 1991
April
mortgage 3'As series B 1971
April
Walker (Hiram) G & W 2%s debs 1966—May-No®
West
105
104
104'%
refund
Pacific
96'A
Afar-Sept
First
Electric
'
103%
103%
-
Power
104
and
&
5s
income
4s
Penn
104
and
First
mtge
Penn
3
97 'A
Jan-July
Texas Corp 3s debentures 1965_
New Orleans RR—
First
2
ref mtge
West
April-Oct
Texas &
Texas
and
lien
West
——
102%
*103% 104 %
Jan-July
107
100% 101 %
95
May-No®
27/»s series D
(Mar
101%
T
Refund
ser
debentures
106'A
79'%
105
40
102% 102%
Afay-Nov
April-Oct
1959
103 %
104%
Co—
mtge 23As
101%
Terminal RR Assn of St Louis—
Refund
refund
1
104'%
79%
103%
.Jan-July
1966——Jan-July
Jan-July
27As debentures
110%
103
5
June-Dec
1976
debentures
Power
&
10
"
15
105
W
75'%
J
"
'
101% 101%
—
_—May-Nov
debentures 1972
debentures
1973__
103% 103%
RR consol gtd 4s series A
1955—Feb-Aug
sinking fund series B 1957
Afay-Nov
General
1996
2%s
33As
consolidated
Gen
101 %
April-Oct
April-Oct
1983
101'A
110%
*110% 110%
2'As series C 1991_Afar-Sept
23As 1966
April-Oct
Wabash RR Co—
—
100%
216
106% 107
__
ASpokane Internat first gold 4'As 2013
April
Standard Oil of California 23As debs
1966—Feb-Aug
Standard Oil (N J) debentures
2%s 1971—Afay-Nov
23As debentures 1974
Swilt & Co
81'%
99
106%
Jan-July
gold 4s 1951—___■
Jan-July
Tel
23As debs 1985—April-Ocf
debentures
13
.
124
first
Bel]
26%
95%
101'A
105
__
1041%
--
*103
1
„
.Jan-July
Dcvel-and general 4s series A
Div
1970
101
—
"
1986—Jan-July
1996_
Jan-July
1961—Jan-July
Ry first consol gold 5s
Afay-Nov
1967
convertible
First
1
—May-Nov
Firit mortgage 2y«s series
Louis
—
99
99%
97%
E
57'A
92
106
—
*54
—
101%
1981
series
Memphis
80%
May-Nov
27/«s
St
99%
103%
*102%
—
Jan-July
1969——
103'A
52
22'A
—
April-Oct
of America
Electric
First
119
105'A
12
__
*98'%
—
1077—Mar-Sept
mortgage
First
118%
<
(Oregon Lines)
4 %s
5
"
Jan-July
1994—
103'A
116
*100
First and refund mtge 27/8s ser G 1979—June-Dec
Virginia & Southwest first gtd 5s 2003
66%
100% 100%
Jan-July
—Feb-Aug
1985
Co—
94%
62%
—
*126%
,
81
June-Dec
1987
Ry 2%s
92%
*103
—
—
April-Oct
_
High
85
Feb-Aug
debentures
Called bonds
—
55
105% 105%
debs
First and refund mtge 3s series F
210
100%
*107%
—-r
San Fran Term 1st
mtge 3%s ser A 1975_June-Dec
Pacific RR Co—
Southern
64
105%
Southern
First
93%
RR
debentures
27/«s
71
—
62%
1971
'
1941_Feb-Aup
—Jan-July
1979
23As
„
'95'A
Mar-Sept
1976—
25As
First and
3%s
92%
June-Dec
7s
1976
65
—
*100
gtd' 5s 1963—April-Ocf
Telephone &; Telegraph Co—
Southern Bell
4
Ala
57
25%
1961
33As
23As
Virginian Ry 3s series B
-—June-Dec
;
coll trust
debentures 1965
55%
24'A
Gen
19C6
Corp
104
—
118% 118%
Jan-July
2016-Jan-July
Jan
2%st debentures 1971
X S A Silesia n-Amer
55%
25'A
10
V
....
1996
A
_
*—
1971——..April-Ocf
1989_May-No®
^General
74
«U
63
1968_Ju7ie-Dec
Scioto V & North Eastern first
gtd 4 s
Seaboard Air Line RR Co—
103%
92'%
1990—Jan-July
gold 4s
Deptjt 3y«s B
1
May-No®
1989_Jan-July
certificates Nov
Jan-July
10%
2
104%
*67'%
—
—
Jan-July
2022___May
Jan
A
Low
8 '/a
Virginia
*104
1955_Jan-JuZy
A-1997
A Second
Jan. 1
No.
103'A 103'A
106 7/e
8%
—
Consol
April-Ocf
.
Mt &
Range Since
Sold
RR—
debentures
Universal
—
106% 106%
*8 '/a
Rubber
S
__
*106%
Mar-Sept
Jan-Jvly
1996_.
debs
103 %
Afay-Nov
California
debentures
Vandalia
Lawrence
Bonds
High
April-Oct
1960—June-Dec
1968
Refunding mortgage
U
S
St
of
Pacific
27As
105%
—
Jan-July
Saguenay Power 3s series A 1971
27As
1960
and coll trust 23As 1975
United Biscuit Co
*120%
Jan-July
1941
Corp
First mortgage
Union
1949
Friday's
U
1977—Mar-Sepf
1967—Mar-Sepf
1967—Mar-Sepf
1969—_Mar-Sept
I
Series
stamped
Ry first refunding 4s
Tri-Continental
102%
Corp—
General
Ave
June-Dec
105'/a
102'% 102'A
—
1955—Jfay-Nov
1973
1974
151%
R
D
3%s
2
3s
Reading Co first & ref 3%s series
Orleans
New
of
Union Electric Co of Missouri
—Jan-July
/
RR
6
230
—
or
Bid & Asked
Pacific—
151% 151%
*106%
Sale Price
Low
109% 109%
*221
Last
Period
High
Texas Pacific-Missouri
104% 104%
Week's Range
Interest
New York Stock Exchange
Q
2%s
10
Week's Range
105
105
101%
101
128%
105
103%
14
130%
106
.
in
the
year's range
the year's
in
n
Under-the-rule tale mot Included In
range,
y
the je*r'« range.
not
rOatn eaie
Ex-coupon.
'
TT or
NEW YORK CURB EXCHANGE
WEEKLY
AND
YEARLY
RECORD
In the
following extensive list we furnish a complete record of the transactions on New York Curb
Exchange for the week beginning on Saturday, Feb. 4
ending the current Friday, Feb. 10. It is compiled from the
reports of the Curb Exchange itself, and is intended to include every security, whether stock
bond, in which any dealings have occurred during the current
and
or
year.
RANGE FOR WEEK ENDED FEBRUARY
Friday
STOCKS
New York Curb
Acme Aluminum
Shares
Aero
1
Manufacturing
Associates Inc
Alabama
Power
Airlines
Fisher
4.20%
Co
common
Aluminium Ltd common
see
%
23%
50
21
Beverage common
5%
Jan
American
Book Co
2%
Jan
American
Cities Power &
Jan
1,300
10%
Feb
600
7%
Class
8
8%
800
page 33.
Jan
7% Jan
12"
8%
Feb
100
100%
100
4%
1
4%
2,800
18%
18%
8%
Jan
80
100
Jan
85%
Jan
99%
Jan
100%
Feb
4
J an
4%
Jan
100
—
"3%
18%
6
5%
54
53%
10%
Jan
1,100
5%
Jan
54%
7,200
B
1
4%preferred
100
American General Corp common.
$2 convertible preferred
$2.50 convertible
American
Hard
51
Jan
"4
Co
25
Jan
American
18%
Feb
American
Laundry Machine
Manufacturing Co
V#
Jan
American
Maracaibo Co
6
450
6
Jan
American Metal
Products
~7
*
46%
"7
45%
47%
100
3,100
"2
Jan
54%
Jan
Jan
100%
Jan
American
Natural
Jan
Jan
American
Potash &
20
com
common
26
6% Jan
8%
Jan
Feb
49 "4
Jan
45%
1.500
fg
13%
500
Jan
14%
Feb
Ytf
"Jan
fV Jan
Co
1%
—
Jan
81
Jan
—.
1%
81
Jan
Jan
6%
9%
9%
115
9%
2,000
75
Jan
9%
Feb
114
Jan
2
Jan
8%
2%
115
2%
2'/*
1,900
35
34%
35%
200
Feb
11%
11%
12
300
19%
—
3%
Jan
115
2%
34'A
Jan
35'%
Jan
39
—
Jan.
40
Jan
10%
Jan
13%
Jan
19%
20
1,550
19%
Jan
21%
16%
16 %
700
16%
Jan
18'/a
Jan
3%
3%
9,400
3%
Jan
4'A
Jan
2
14%
14%
15%
1.000
*
2-
47%
48%
400
13%
Jan
15%
Jan
Jan
47
Jan
49
Jan
34%
pfd—25
Jan
37
Jan
Republics
Chem class A
29%
Jan
•
29%
27%
29 %
175
•
Class E>
American
—
Gas
25
1
American Meter Co
96%
10c
1
1
preferred-
Rubber
24%
99% 100
*
*
Jan
950
6
6
100
High
Low
14%
Light—
1
.
14%
%
Range Since January 1
High
American Gas & Electric—
11
8.%
conv
American
10%
8
5ft
Jan
1%
8'%
Filter
23%
2,200
10%
Shares
1
Air
Jan
Jan
common
preferred—.
Manufacturing
For footnotes
14%
1
•
America
Industries
15
Bantam Car Co class A
Jan
1
common
Aluminum Goods
Aluminum
pfd—
American
4%
3
;
Investing Corp
(Mich) common!
of
23 %
Amer
Jan
GOO
1
preferred
common......
cumulative
I"
Jan
4%
1
$3.75
Low
l'A
Jan*
2
5
Aluminum
Par
4
50
Brewing Co
Bros
for Week
3
4-%
Allied
Altofer
Sales
Range
ofPiices
2,600
4
1%
Allied International
Altes
Week's
Last
Sale Price
High
•
—
Inc„—
Products
-
5
common
(N Jj
Alabama Great Southern
Alaska
Low
1
Air-Way Electric Appliance.^.
Alios"
High
l
Supply Manufacturing
Ainsworth
3%
,_10
Inc__
Agnew Surpass Shoe Stores
Air
Low
Range Since January 1
1% Jan
Alloys
Hat Stores
Friday
STOCKS
New York Curb Exchange
for Week
warrants
Acme Wire Co common.
Adam
Sales
Range
of Prices
Par
ACF-Brill Motors
Week's-
Last
Sale Price
Exchange
10
29'%
27'%
29%
4.200
29%
Feb
29
29
30%
3,300
33'A
Jan
10
30
COMMERCIAL &
THE
(678)
WE1-K ENDED
FOR
RANGE
EXCHANGE
CURB
YORK
NEW
Monday, February 13, 1950
FINANCIAL CHRONICLE
FEBRUARY JO
Friday
tor Week
of Prices
Shares
Last
Sale Price
New York Curb Exchange
Low
Par
American
Amer
series
$G
2
10c
*
preferred,...,—5
preferred
American
Thread
American
Writing Paper common—
Anchor
5%
Co
Inc
Anglo-Iranian
Oii
Amer
&
Aspinook
6%
Jan
1,100
6%
Jan
7%
Jan
420
109%
Jan
3%
600
3%
Jan
11
11%
9,900
10%
Jan
12%
U'A
11%
23,700
10%
Jan
12%
Jan
10%
600
10%
Feb
11
Jan
10
114%
Jan
116
Feb
10%
2.50
1
10%
10
11 %
3,300
8%
Jan
11 %
22%
22"%
3,900
21%
Jan
22%
24%
25'A
2,600
Jan
25 "i
Feb
1
10
10
10%
1,900
*
Atlantic
Line
%
%
200
%
60%
64%
150
41%
Jan
67%
Jan
2%
2%
1,200
2%
Jan
3%
Jan
49%
50%
200
6%
50.100
*
60%
*
Co
Products
Steel
Voting
5%
5%
warrants
Atlas Plywood Corp
Corp
2,000
15%
5%
600
5%
Feb
6
500
8
Jan
8%
Jan
7%,
1,400
7%
Jan
9
Jan
J«n
Feb
20%
150
19%
Jan
22
13
13%
800
11%
Jan
13%
^.8
Locomotive—
Wilcox
de
Banco
Barcelona
Basic
Lt
Tr
Steel
Baumann
100
36%
10%
500
9%
Jan
4%
Jan
(L)
&
Ltd
Pwr
Inc
1
Ties
1
common
Telephone of Canada
Watch
&
Co
'
common -25
Inc
Hedges
•
Inc
common
Birdsboro
Blauner's
Blue
Inc
Blumenthal
(S)
Bohack (H
C)
&
9
•'
Co
Petroleum
Brillo
Manufacturing Co
Class
5%
500
4%
Jan
5%
Jan
Jan
\h
Jan
43%
6%
42
43%
44%
1,850
39%
Jan
44%
Jan
6%
6%
3,300
6%
Jan
6%
Feb
37%
43%
1,550
33%
Jan
43%
Feb
9%
Jan
British
—
Amer
Celanese
Amer
Feb
Crown Cent Petroleum
British
Columbia
Class
5%
Jan
Crown Cork
12%
Feb
Crown
2'A
Jan
700
34%
Jan
35%
Jan
7%
300
7%
Jan
8
85
Feb
85
390
15%
130
15
Internat'l "A"
Atlantic
Cuban
Jan
16%
Jan
Curtis Lighting Inc
Feb
8%
Jan
Curtis
150
12%
Jan
13%
3%
Jan
4%
7%
9%
51
Jan
57%
80
Feb
84;
Jam
620
19
Jan
23
17%
Jan
16%
7,400
5%
Jan
6%
600
5
Jan
24
100
24
Jan
24
17%
200
17
Jan
17%
33
Jan
33%
Jan
23
200
22%
Jan
23%
Jan
8
Jan
8%
Jan
8
Jan
8%
Jan
5%
6%-
Jan
Feb
mmmm
mm**
mrnmm
'
:
...
1%
24%
100
1%.
24%
mmmm
Jan
1%
Jan
1%
23%
Jan
24%
Jan
2%
75
,
■
Jan
2%
4,000
11%
Jan
12%
Jan
5%
2,900
5%
Jan
5%
Jan
16%
16%
16%
1,200
14%
Jan
17%
Jan
Jan
19 %
Jan
Bruck
Mills
Buckeye
Pipe
Bunker
Burd
Ltd
Hill
Burma
Burry
200
18%
.
12%
Corp Amer dep rets.
Biscuit Corp
300
16%
1,300
7%
16
1
12%
15%
__
Co—
17%
6".
Sullivan
Ring
1
•
B
Line
&
Piston
class
18%
2.50
__
7%
6'A
Jan
U%
12%
Feb
15%
Feb
%
71.600
i7<r
Jan
4%
9,500
3%
Jan
Jan
16'A
Jan
7%
3%
4
12 %c
550 1
Jan
Jan
"t
%
Cables
Jan
9
'
%
Jan
4%
Jan
dep rets 5%
Sugar
Calgary &
Electric
Camden
Fire
Canada
Bread
A
Class
B
Ltd
Jan
32
4,900
11%
7%
17'A
9,400
Jan
%
Jan
10%
1.500
6%
Jan
Jan
iV
Feb
11%
Jan
6'A
Jan
7'A
Feb
700
16%
Jan
17%
Feb
6
3,000
5%
Jan
6%
Jan
36%
37
450
34'A
Jan
37%
Jan
31%
17%
6
5%
36%
32
t
3
Jan
Jan
3
Jan
32%
Jan
Jan
1%
Jan
3
2%
3%
1,800
2%
Jan
3%
Feb
1
—
6%
6%
400
5%
Jan
7%
Jan
5%
6%
1,900
5%
Feb
6%
Jan
11%
2%
11%
3
150
11%
Jan
11%
700
2%
Jan
3%
Jan
2%
2%
200
2%. Jan
2%
Jan
50%
Jan
20%
20%
4,600
18%
Jan
100
10%
450
13 'A
1
5%
*
—
2%
__
20%
5
11%
•
,2.50
5
(Mo)
—
11%
11%
Feb
51
Jan
21% Jan
Jan
12%
Jan
Jan
14%
Feb
—
—
14%
13%
14%
—.1
Davidson-Brothers Inc common
Dejay Stores common
Dennison Mfg class A common
debenture:
•
Detroit
10%
135
300
Jan
"X7%
Jan
Jan
2%
'
Jan
*50
X25%
Jan
27%
Feb
7%
Jan
8%
Jan
10%
Jan
11%
Jan
135
Feb
146
Jan
9%
Jan
10
Jan
1,900
1%
Jan
2%
Jan
23'A
600
22%
Jan
23%
Jan
12
200'
11
Jan
12
Feb
10
I
•
1%
1%
23'A
22%
12
--
13%
13%
14-
—
—
__
—
3 a u,
Jan
1%
1,200
U
1%
•
Feb
c%
.
700
■
7%
—
Products
Raynolds class B
135
Ltd—
Co
American
7%
10%
1
10
Iron Foundry
Steel
&
Distillers
>7%
1
Detroit Gasket & Manufacturing
Detroit Gray
27 %
27
27
3*%
50
100
'2%
2%
—5
——100-
.i
34%
.7
7
—
10c
35
50c
Mines Inc
Dayton Rubber Co class A.
8%
34 7 8
—:—2.50
dep rets ord reg 4s—
1
Dobeckmurt Co common—
Domestic Credit Coip class A
Dominion
Steel
Coal
&
3%
—1
Bridge Co Ltd
Dominion
37
•
class
700
4
3,800
37
50
.3%
37
18%
—25
B
—
18%
18%
1,000
1% Jan
Jan
12%
Jan
3%
37
Jan
16%
Jan
1%
Jan
14'A
Jan
Feb
4
38%
Jan
18%
Jan
r>«-» •? '
Dominion Tar & Chemical Co
Dominion Textile Co Ltd
Draper Corp
Driver
•
—
73 %
—*
-
Harris
23%
Ltd——*
common
—
74
73 %
—
'
—
89
88
*
Jan
9%
Jan
9%
Jan
Jan
125
69
Jan
74
Feb
26
300
■
10
Co
Duke Power Co,
Feb
29
Jan
85
Jan
89
Feb
Dunlop Rubber Co Ltd—
£1
dep rets ord reg
(The)
Hosiery class B common
Test
Co
2%
——1
2%
2%
13
13
*
1
~4%
3%
•
Corp common
preferred
dep
22%
100
Jan
23%
22%
Jan
16%
16%
400
100
4'A
17
600
1,500
3%
Jan
2%
Feb
2%
13
14%
Jan
Jan
4%
Jan
16
Jan
3
Feb
Jan
Jan
17
Eastern Malleable
7%
300
7%
Jan
8%
Jan
8
8
8
100
7 'A
Jan
8'A
Jan
"■% _2%
20,100
19%
19%
19%
25U
8%
8%
9
500
8 %
Jan
9
3
3
3
100
3
Jan
3%
67
67
63
Jan
113
Feb
100
67%
1
_3%
"3%
"3%
2,500
Jan
2%
Jan
3%
19%
Jan
Co
£1
Central
Power
Light 4%
1
preferred
100
20%
158%
__
Conv
pfd opt div series 1929
div
series*
Century Electric Co common
Investors
Inc
preference
of
common
America
common
For footnotes
see
page 33.
72
72%
50
71
Jan
75
Jan
62%
Feb
67%
Jan
62%
63%
325
1
800
Jan
19%
19%
18%
Jan
20%
Jan
79 %
80
125
77'A
Jan
80
Feb
10
10
10%
900
8%
Jan
10%
Jan
5
18"%
18%
19%
48,200
17%
Jan
14%
15%
2,000
11%
Jan
16
Jan
103%
120
103%
Feb
105%
Jan
Jan
5%
Jan
x6%
Jan
Feb
14
Jan
Jan
Jan
68
114%
3%
Jan
Jan
Empire District Electric 5%
1
15%
100
1
103%
6
103
6
6'A
600
5
pfd
Empire Millwork Corp
Emsco Derrick & Equipment
13%
12
13%
600
10c
Equity Corp common
$3 convertible preferred
Eureka
1%
1%
1%
44
13,800
12
1%
Jan
1%
Jan
Jan
Jan
1
Corp
43%
Jan
x45
1
Esquire Inc
5%
5%
700
5%
Jan
6
i8s
Jan
i7,
Jan
15
Jan
16%
Feb
26
Jan
75
1
10
%
15%
%
%
15'A
16%
200
24%
23%
42
1,200
1
Ltd
5%
5%
Jan
6%
Jan
Jan
4%
Jan
5%
Jan
Feb
26'A
Jan
%
Jan
7%
Jan
Fairchild
Engine
Jan
83%
Jan
Fansteel
Metallurgical
Jan
10%
Jan
Fire Association
94
Jan
95
Jan
First York
22
Feb
4%
100
25%
950
23
2,000
4
6
94
__100
Elec 6%
Aircraft Co
4
19%
9%
23
—
100
preferred
Co
5%
pfd
Conv
Corp
1
24
100
opt
Jan
63%
Jan
Co—
Ohio Steel Products
preferred
3
1
*
Fairchild
,
Central
States
1,000
beneficial int.
Easy Washing Machine class B
$5 pfd shares of
81%
"4%
*
10
>
preferred
&
Jan
3%
3%
—
II
1
common
Power
30%
_2s 6d
common
& Co,—
Maine
■
—
Jan
30%
675
3,550
*
*
Electrographic Corp common
~2%
17
Feb
29
30
5,600
Electric Eond & Share common
7%
2%
Feb
30
75
3%
72
*
shares of beneficial lnt
Common
7%
*
Cajtalin Corp of. America
Cliamberlin
25
Corp
73%
75
73'A
70%
30
100
Eureka Pipe Line common
Products
Convertible
States
Jan
Jan
Jan
3%
71
71%
,100
Iron
3%
67
67%
3
72
common—3%
prior preferred—.—
prelerred
preferred series A,
preferred series B
Eastern Sugar Associates—
*
rets A ord
W)
6%
$6
1
Light $5 pfd
Assn
4 % %
$7
2.50
&
Eastern Gas & Fuel
Eastern
5
common
Castle (A M)
^Central
22%
22%
1
dep rets B ord
(J
3.50%
Feb
Ltd—
Carreras
Central
9
Ltd—
Carr-Consolidated Biscuit Co
Amer
Jan
100
Power
Amer
8
*
Co
Co
2,500
♦
City Products common
Carey Baxter & Kennedy Inc
Carolina
8%
•
Capital
Carnation
Jan
8%
8%
Alcohol—
Marconi
&
Feb
7'A
•
common
preferred
Carman
5%
Jan
20
Industries
Canadian
1%
Jan.
6
•
voting
non-voting
Canadian
Chafis
30
^
14%
Jan
Jan
4'A
Ml
*
Ltd common
Industrial
Class
Cessna
Jan
1%
Jan
Jan
luo
6
5
Ltd
Co
Convertible
Century
4%
17,300
6%
1
Insurance
Canners
Canadian
l'/o
Jan
6%
—
•
Ltd
preference
Canadian
Casco
3%
_5% ~5%
£1
1
Corp
Power
Canada Cement Co
6%%
preferred
Estate
Edmonton
California
Carter
Jan
Jan
13%
•
Wireless—
&
American
Calamba
1%
3
1
Day
American
1%
100
4
4
—
Jan
5,100
Duval Texas Sulphur—
common—50c
2%
9,100
Durham
Products
300
1%
partic
Davenport Hosiery Mills
Duro
Electric
Jan
Jan
32%
Duraloy
Cable
4%
88%
—
Jan
12%
common
Jan
Feb
1%
common
Manufacturing Co
Devoe
5%
Co
4%
85%
10%
7'A
Feb
14%
100
1,700
D
Feb
II %
L)
Jan
Feb
y
Jan
18%
5%
(E
10%
5
Feb
'
Jan
5
100.
5%18%
•
12%
Bruce
12'A
%
Feb
300
400
•
23
__
Distillers
Jan
Jan V
Jan
1,075
9
1
Forman
108
Jan
23
4%
Jan
Jan
5,200
4
cumulative junior preferred- —10
Brown Rubber Co common
1
Brown
104%
Feb
31%
Sugar common—.
7%
13%
3%
21
24%-
80
—
—
Co'common———."—25c
——*
10
Drug
500
8
7%
17%
•
Jan
10%
77%
Jan
Jan
52
£1
A—
116
1%
Crystal Oil Refining common,
$6 preferred—
•
_
Jan
1%
——
Jan
£11
class
Power
B
14%
—
__
(Md),
Jan
80
1%
Jan
113%
115
—,—6
I
1%
24
reg
69'A
160
105% 107%
—
—
Jan
Ltd—
dep rets ord
50C
4,900
—
—5
7'A
Tobacco—
dep rets ord bearer
dep rets ord reg
Amer
British
10%
76%
10%.
75%
114
reg)__£l
(ord
receipts
dep
3 CO
57%
•
Co
«
1
Croft Brewing Cd—
1%
...
Oil
American
10%
75%
—
1
Creole Petroleum
—
Jan
•
A
British-American
Jan
Jan
v
Ltd—
Jan
8"%
*
common
Jan
14
Feb
50
5%
80
•
Co
Jan
8
Jan
Jan'
14
5%
—1
*
convertible preferred
11%
56%
5%
Light
Gas
31
Jan
6%
50
5%
common..
12%
5%
Corp common
Bridgeport
27
100
Jan
*
35%
18
•
Light & Power.
1,600
14
*
50
80
•
Traction
Jan
Jan
-
400
1%
21
30
6%
*
12%
16%
——
56%
—25
Inc
Brazilian
Breeze
•
common
common
cumulative preferred. 100<
Scrymser
Bourjois
Co
Co
5 %%.. prior
_3%
1
common
7%
5%
Reynolds common
&
17%
6%
13
3
common
Ridge Corp
Borne,
"7%
Jan
4%
preferred class A
Jan
500
15%
Steel Fdry & Mach Co com,*
29%
6%
14
5c
Crosley Motors Inc
Crowley Milner & Co
6%
74%
85
1
common
Jan
2%
Jan
300
Cuban Tobacco common—
Bickford's
3'A
Jan
10,400
Paint & Varnish Co
Jan
4%
Jan
7%
•
Jan
1%
3,000
Jan
3%
35
35
1
2'A
14%
5%
6,000
12
1%
1
Jan
1,500
8,800
13%
Courtaulds
—
4%
.p- —
12
1
17
5%
1
Liquidating Corp
Jan
10%
—
-
4%
16%
1
& Co common.
—
6%
4 %'
__
Shoe Corp
Aircraft common.'.
Bellanca
—-
mmm*
Jan
Jan
Jan
36%
— —
16
500
14%
American
(AS)
Benson
38%
10%
mmmm
•
Corp...
Feau-Brummel
Benrus
10%
1
Jan
Co,—1
5%
shares
Refractories
Beck
57%
Feb
los Andes—
American
Barium
Jan
.
common
13
10,900
Cosden
Jan
36'%
Co
Rubber
Jan
Jan
5%
;_L00
—100
Continental Foundry & Machine
52%
1,500
16%
14'/a
4%
87%
2"%
$1
55%
Jan
13%
4%
85%
2%
Corroon
54
16
400
85%
2%
<
preferred
V/c
Baldwin
Bell
Co
78%
4%
4%
Consolidated
Coro
&
Jan
Mining & Smelting Ltd—5
Consolidated Royalty Oil,
10
Continental Car-Na-Var Corp
1
Consolidated
B
Baldwin
Jan
67%
16,300
5%
coin—*
Bait
oi
series B preferred
Cornucopia Gold Mines
Babcock
1 %
j_
—
25
Consolidated Gas Utilities
Cook
•
Jan
Jan
6%
2
2.9%
-—-1
preferred series C
4','o
Jan
8%
20
8%
5%
4%
1956,—
Ejec
was
4 %%
Jan
17%
16%
13%
3
common
Vtc ext to
Consoj
Feb
20
25
Collieries Corp
Jan
Jan
Compo Shoe Machinery—
Feb
6 'A
7%
7%
5
preferred
50%
Jan
5
8
5%
*
(B F) & Sons common
] t>
5%
16
16%
1
1
Inc
Machine..
Jan
44
Jan
7%
Jan
50
America
9%
3*2
Hotel Inc
Commodore
k
1
of
class A
Tel
'
Jan
25
Community Public Service
Fisheries
Automatic
Jan
Jan
7%
warrants
Iron
Manufacturing Co
Colt's
Jan
10%
Jan
£1
reg
Laundries
Automatic
9%
Colorado Fuel &
18%
2,600
17
2%
2Vb
—
Colonial Sand & Stone Co
Industries—
rets
<fc
24
Jan
Jan
1
1
Colonial Airlines
Jan
24%
16%
—
ordinary,
Colon Development
Jan
64%
1,300
1
73'A
16%
2%
11%
Jan
400
8%
8%
16
—
*
common
High
Feb
475
69%
16%
2%
2%
—1
common
Plow Co
Cockshutt
Jan
22%
*
Corp
dep
116
110
Inc
M
69%
16
1
Manufacturing Co—
Neon
8'A
8
II
—
Clayton & Lambert Manufacturing,—4
Clinchfield Coal Corp common
—20
Club Aluminum Products Co
•
Jan
11%
*
Co
Claude
9%
62
12%
8%
—1
Co
Low
10
63
350
17%
62%
5
10
Homes
Controller
Clarostat
Jan
11%
3%
common
& Suburban
Clark
Jan
112
*
Corp
Tel
6%
Jan
3%
3%
Service
City
Feb
3%
7
109% 110%
110
10
Atlantic Coast
Ayrshire
13%
900
._*
common
Associated
Avery
Jan
3
100
Cities
Range Since January 1
High
9%
62
—
;—1
—10
Mining
Consolidated
City Auto Stamping
Jan
3
6%
6%
Chief
Jan
7%
3
12%
25
13%
13%
1
pfd—
Associated
Atlas
Jan
100
£1
Refining
preferred
Coast
Jan
6%
7
Light $7 pfd
Electric
American
6%
7
1
Gas
&
(The)
Associated
Jan
1
Power
Oil
6%
1
—
ccnv
Jan
4%
common
Chesebrough Manufacturing
Feb
Ltd—
Co
Natural
Equipment
$1.20
100
5%
preferred
Ashland
6%
100
Common class A non-voting
6'c
6%
6
common
Appalachian Elec Pwr 4%%
Arkansas
\i
Feb
131
Jan
4%
300
6
Manufacturing Co
Arkansas
Jan
4%
Shares
Low
5
com——10
Chicago Rivet & Machine
4
Chicago <fc Southern Air Lines
*
Voting trust certificates.
—*
Cherry-Burrell
„an
Jan
116%
__2
Angostura-Wupperman
Argus Inc
%
200
Jan
dep rets ord reg
Apex-Elec
17,500
4%
for Week
Par
4-ti
dan
129'A
129-
129
3%
2,100
Sales
Range
of I'rices
High
\%
%
%
1
Range Since January
Low
4%
New York Curb Exchange
Week's
Last
Sale Price
STOCKS
High
4
5
Products
Post
Angerman
Aro
4
Seal-Kap common
Superpower Corp common
Sales
Week's
Range
Friday
STOCKS
94
50
16%
22
9,700
14%
Jan
154'A 161%
1,140
142%
Jan
100
19
16
20
1,070
14%
Jan
20
100
19%
16
20%
6,975
14 %
161%
*
Feb
&
7
200
Fishman
5c
Ford
(M H)
to $1
4%
2.50
6%
4
4%
Motor
Co
20 %
Feb
7%
Jan
Jan
38%
Jan
Class
A
Class
B
voting.
4%
Jan
6%
7
400
6%
Feb
7%
Jan
95A
9%
100
8%
Jan
9%
Feb
Jan
5%
10%
Jan
12%
Jan
63%
63'A
65
500
x61%
Feb
76
Jan
3
3
400
2%
Jan
3'A
Jan
32
32
50
32
Jan
32%
Jan
16%
20%
1,450
16%
Feb
20%
Feb
3%
3%
1,700
3%
Jan
5'A
Jan
23%
25%
1,300
21
Jan
26'A
Feb
27%
27%
225
22%
Jan
28
!i
11,200
%
Jan
1
non-voting
Jan
4%
4,000
American
Ford
Motor
3
Jan
X20
Ltd—
Jan
3%
17,000
11%
Co—
Feb
6,4o J
Jan
5'A
10%
in
Stores
7
Ford
1
22%
5'A
10%
10c
Corp common
1
$2 dividend cumulative preferred.
Feb
2
10
3,900
5%
*
(Phila)
25%
1
Instrument—
& Airplane
37
7
10
10
Camera
f,1
deposit rets ord reg
—..
of Canada—
Motor of
*
24
*
Feb
France—
American deposit receipts bearer
.
%
%/
U
Jan
Volume
171
Number 4831
THE
COMMERCIAL
NEW
YORK
&
CURB
RANGE FOR WEEK
Friday
STOCKS
New York Curb
Week's
Last
Exchange
Fort
Pitt
Fox
Brewing Co
4%%
convertible
Fuller
(Geo
A)
Low
16%
17%
9,800
11%
Jan
9%
10%
17%
Feb
1,000
9%
Jan
11 %
Jan
7%
Jan
1
50
Co
7%
Jan
30
5
11%
11
11%
Jan
31
Jan
10
1,300
New York Curb
Jan
11%
Feb
Power
Co
common-
Lake G M Co
Alloys Co
General
Builders
:
General
Corp com
Outdoor
Adv
6%
General Phoenix Corp
General Plywood Corp
General
Public
Georgia
Power
$5 preferred
100
1%
Jan
2
3%
Jan
3%
Gilbert (A C)
Gilchrist Co
23%
Feb
Glenmore
&
(Adolf) Inc
Co
1.200
Feb
21%
21%
22%
2uo
21
Jan
22%
Jan
1
3 '/a
3'/a
3%
1,300
2%
Jan
1
3%
13%
13%
5.80O
11 Va
Jan
13%
Feb
If*
lV'a
5,700
It1-
Jan
9%
9%
1A
Jan
100
9%
Jan
Inc
115% 115%
175
114
"3%
"5%
400
100
Jan
115%
Jan
Jan
4%
Jan
Jan
5%
Jan
17
Jan
19%
Feb
Jan
14
15%
Jan
12%
XIV*
Jan
1,000
11%
Jan
13
Jan
4,000
11
Jan
14%
Feb
16%
2%
42
4,500
2%
1,200
1%
Jan
100
41%
Jan
45
Jan
Jan
28
%
%
10%
♦
141%
Great Northern
Paper—
Griesedieck Western Breweryi—,
Grocery Stores Products
16
Lipton
(Thos J)
to
—
0:"
Jan
14
700
4%
Jan
4%
Jan
3,600
10%
Feb
12 Va
Jan
7Va
Jan
8%
Jan
6Vs
Jan
7%
Jan
22%
Jan
6%
Jan
7'A
Jan
12%
7Vh
7
7
20
Lit Brothers
Inc 6%
preferred
12%
12%
Feb
14%
Jan
13%
13%
14
1,900
13
Jan
14%
Jan
17%
17%
17%
3,400
15%
Jan
18%
Jan
28%
Jan
28%
Jan
—
11%
12
10 Va
Jan
12 Va
Jan
—
25
common
•
Loblaw Groceterias class A
Class B
Lone Star
—
*
Gas
Co
(Texas)
Longines-Wittnauer Watch
1
Common
certificates
of
deposit
Feb
Feb
45
Jan
6
Jan
65
14
Jan
> Feb
1
Jan
6%
10 %
Feb
12%
26'A
Jan
27
%
Jan
2,ICO
24%
Feb
26 Va
Jan
1,300
8%
Feb
9Va
Jan
%
Jan
1%
Feb
8%
9
1%
—
Louisiana
Power
&
1%
24,500
100
131
126y2 134%
1,125
121
Jan
134 %
Feb
100
lllVa
112
119%
3,400
106
Jan
119%
1
28%
29%
11,600
Feb
Jan
*
—
112 % 112 Va
120
Light $6 pfd
Lynch Corp
1%.
—;
2
28%
13%
13%
26 Va
112
Jan
29%
113
Jan
400
14'/a
700
14
Jan
14%
Jan
14 Va
600
14
Jan
14%
Jan
35
Jan
38
13'A
14%
Jan
Feb
131% 137
200
44%
600
29%
29%
30%
900
10
10
10
400
109% 110
26%
180
M
Feb
Mackintosh-Hemphill Co
Feb
Maine
10
Feb
Mangel Stores
Jan
108%
30%
Jan
9
*
111%
Jan
Manischewitz
Jan
v.-
Public
Service
5
Co
8Ve
—10
common
(The B)
'
WW
14
1
;
14
——
Jan
9%
Marion Power
5'/a
5%
Ltd
"
•
Hartford Rayon
common
5
Light
„
Dept Stores
Helena
120
6%
Jan
11%
Jan
16
.
Jan
47%
Jan
50%
Feb
1,100
1%
Jan
2%
Jan
1% rJan
11
200
19
20
4,100
7%
11
Jan
1,400
11
7%
11%
' *
2%
Jan
10%
1,600
Jan
11
Feb
16
Jan
20
Jan
1.500
0
common
Jan
2%
20
25c
_
Feb
15
2%
11
5
_
5Va
10%
400
50%
2
-
600
•
11
.
_
Rubinstein
50
2
:
••
15%
1%
1
common
Mining Co
15%
'
1
Brewing Co
Hathaway Bakeries Inc.Hazeltine- Corp
;
:
Hearn
,k
_
—.
common
Harvard
Hecla
_
.
67/a
8%
Jan
Jan
11
Jan
11%
Jan
McAleer
5%
— —
'
13
Jan
12%
Jan
11%
Jan
■
common
preferred
Henry Holt &
Hoe
_
preferred
(R)
&
_
w
w
12%
w
_.
100
_
_
Co common.
class
Co
Holophane Co
99
M
48
'I
'■
'
--
Hormel
8%
9
3
3
3%
A)
& Co.-
Hardart
Horn
&
Hardart
5%
15
Mead
_
_
_
12
163
33 Vq
163
33%
(Harvey)
Oil
Hurd
&
Lock
Hussman
&
1st
5
common
stock
19%
Food
50
i
'
.
A
*
II
3%
18%
Feb
Jan
14%
150
163
Jan
34
Jan
110%
Zinc
Co
common——
Chemical
American dep
Imperial Oil
19%
Jan
86
Jan
Jan
4%
Jan
51
Feb
8%
Jan
9%
Jan
2
Feb
2%
Jan
14%
Jan
17%
Jan
300
3%
Jan
3%
Jan
300
3%
17
receipts registered
£1
coupon
14%
Jan
18%
Jan
Metal
Textile
Preferred
Participating
preferred
Cigar
6%
preferred
Metal
Industries
Micromatic
Midland
Oil
Midland
Corp $1
Steel
15
Iowa
Public
4.90%
Iron
Service
Air
Jan
8,200
18%
Jan
Co
8%
98% 100%
105'/a 107%
15
14%
15
79
78
79%
600
103
Jan
14
Jan
75%
600
1,750
8%
8%
8%
8%
800
11%
11%
11%
900
%
%
Jan
200
1%
1
Manufacturing vtc
1%
8%
2
~7%
Jan
11
10
Jan
3%
Jan
20
Midwest
Oil
Midwest
Piping & Supply
Mid-West
Miller
Glass Co
Brown
Stores
Co
common
i—
Preference
Julian
&
Jan
Jan
10
4%%
Co
Service
6%
400
4.80%
Monroe
Mountain States Power
pfd
113
Jan
Mountain
Jan
Mt
79%
Feb
Murray Ohio Mfg Co
Muskegon Piston Ring
Muskogee Co common
¥%
Jan
Muter
8%
Co
12
Tel
Verncn-Woodbury
Company
&
For
footnotes see
%
Feb
8%
Jan
1%
Jan
8%
.
Jan
2'
*
I
10,100
-
5%
Jan
2%
Jan
Jan
A
10%
Jan
24%
25
200
24
Jan
25%
Jan
14%
15%
1,450
13
Jan
17%
Jan
3%
3%
100
20%
20%
23 %
14%
20%
3%
Jan
4
Jan
21
Jan
600
20
24%
300
23%
Jan
24%
Jan
2
2%
1,500
2
Jan
2%
Jan
6y«
•
.
pfd.-100
2
10
.
•
•
•
it.
■,
•
>
6%
500
6
Feb
6%
25
32
Feb
32 Va
Jan
10%
Jan
11%
Feb
32
104
32
11%
11%
11%
103 »A 104
•
34%
7'A
7 Va
1
2%
2%
100
700
101
50
7%
3
101
101
Jan
350
35%
34
Feb
Jan
104
Jan
Feb
35 %
Jan
1,700
'
7Va
Feb
7%
Jan
3,300
27/a
Jan
3Va
Jan
25
100%
Jan
105
106 y2
Jan
107 y2
3'/a
2,700
2%
Jan
3%
179% 179%
120
176%
Jan
182
Jan
36%
25
34%
Jan
38
Jan
series B—100
1
3%
•
2%
*
36%
Jan
Jan
Feb
10c
6%
5%
6%
18,600
10
14%
14%
14%
1,300
14%
Jan
15%
Jan
*
34%
33%
35%
1,050
31%
Jan
Tel__
35%
Feb
97
Feb
100
100 %
98% 100%
5
*
2.50
common
24%
8%
24 %
32%
35
35
8%
10
8%
12%
13
11%
11%
13 Va
13%
80
50
750
5
Jan
6%
104
24
Jan
25%
32 %
Jan
35
700
8
Feb
Jan
Jan
Feb
Va
Jan
8%
Jan
300
12%
Feb
13%
Jan
1,600
10%
Jan
11%
Feb
50c
11%
10
13'A
500
13
Jan
137/a
Jan
1
4%
4%
4%
300
4
Jan
4%
Jan
1
3%
3%
3%
6,200
3%
Jan
4
Jan
31
29%
31%
510
29%
Jan
31%
Jan
11%
n
11%
15,300
10%
Jan
11%
Feb
Jan
Jan
2
Feb
Jan
93
Jan
15
Jan
16%
Jan
,
5%
Jan
6%
Jan
Jan
iy.
Jan
Nachman
Namm's
National
Corp
Inc
common
Bellas
Hess
common
•
preferred
—20
——*
Mallinson
Fabrics
3%
Jan
5%
Jan
National
Mfg & Stores
6%
Jan
7%
Jan
National
Pressure
3%
3%
400
3%
Jan
3%
Jan
National
Radiator
3%
200
3%
Jan
3%
Jan
National
Rubber
400
17%
Jan
18
K* CO
88^
Jan
National
Steel
5%
_100
5%
6%
116% 117
Neptune Meter
62,100
110
4%
116
Jan
Jan
6%
117
Feb
Nestle
Le
Co
Ltd
Feb
New
17%
17%
100
15%
Jan
17%
Jan
New
12%
100
11%
Jan
13
Jan
11%
12
300
9%
Jan
12%
Jan
11%
700
11%
Feb
13
Jan
New
Mexico
Park
New
Process
—
—
103 Va
Feb
103%
Feb
4%%
1
Tel
&
9
Jan
10 Va
Jan
14
Jan
1,300
8%
Jan
11
400
8
Land
common
8%
100
8'/a
Feb
9%
Jan
6%
6%
300
6%
Jan
7%
Jan
_4%
17%
2%
Jan
4%
4%
Feb
27%
Jan
Jan
3%
4%
8,000
3%
4%
19,600
2%
Jan
26%
4
27%
400
24%
Jan
18
5%
5%
5%
3C0
5%
94%
92%
94%
220
92%
1
1%
1%
1%
2,300
4%
4%
Jan
5
56%
55%
57%
4,200
55%
Jan
59
1
7%
7%
8%
2.100
7%
Jan
1%
1%
1.600
20
1
•
Jan
8%
"6%
25
-
Mining Co
Co
Jan
100
10%
100
Co
convertible preferred
Arizona
8%
13%
10
1
Tel
Clock & Watch
&
8%
13%
10
5
common
New Jersey Zinc
12
England
10
30c
common
12 V8
2
•
common
Co
8%
1
4
Radio——
Mur
Haven
common
Machinery
Car
Union
——1
common
Cooker
3%
__
New
37
Jan
7 Va
2%
2%
"V—
50
common—
700
5
page
Jan
1 Va
;
Feb
1,600
.100
7%
■■'
600
Feb
Mills
7%
__
Co
700
Jan
common..;
<fc
4%
•
common.
(Walter)
Kimberly-Clark Corp—
.4% % preferred
1%
X7%.
Jan
15%
States
4
*
Kidde
—
1 Va
7 Va
-50c
—
7%
5
Key
j..
1 Vb
7Va
^
Producers
K
7%
Jan
6%
8VB
Society com class A
Ward & Co class A
7%
*
& Electric
Jan
7
900
9%
common-
cumulative pfd
Loan
National Transit
Kansas Gas
55
Jan
53
—
6%
"
1
4%
Kawneer Co
Jan
—i
Feb
common
1
Kennedy's Inc
Jan
Jan
Monongahela Power Co—
4.40% cumulative preferred
Mountain
1
5%
*
1
6
7%
common.
Power & Light
Jan
1 %
700
'
Corp
Jan
8%
convertible preferred
Minnesota
National
Kaiser-Frazer
5%
N
16%
♦
Kokenge Co
100
Jan
700
common
Jan
92'A
15%
1
Jan
5%
6,500
—
1
(N J)_!
6%
7%,
—10
Refineries
Wohl
National
common
Lake Sulphur
Jan
Jan
9%
Mining Corp of Canada..
7%
Jefferson
4%
5%
7%
Co
National Fuel Gas
Jeanette
300
13,800
8%
*
National Breweries common
Jim
5%
--
~50c
100 %
U Jan
4,800
*
com class A
Jan
7%
2,200
__1
Corp
Jan
*
Chute
Italian Superpower
Jan
98%
290
—100
:
Jan
Jan
7%
common.—
Moody Investors participation pfd
Morris Plan Corp of America
*
Feb
2
V/a
8%
Abrasive
Montgomery
Co—
preferred
Fireman
Irving
Jan
3%
*
17
Jan
tc__1
$2 non-cumulative dividend shares
Midvale
Mid-West
Feb
10
Jan
1%
6%
6%
%
Jan
J.
13%
__
—
5
13
Products
Jan
400
1,400
6
preferred—*
conv
20
Safety Razor B
Investors Royalty
7
Feb
Feb
Jan
5,900
6
Products—
Jan
Registered shares.—
23%
43 V
31
1
v
Jan
International
Jan
Jan
Jan
1%
6
Hone Corp
Middle States Petroleum class A
Middle West Corp common
18%
A.
17 %
Jan
39%
■mivm
6 Va
*
12%
International Petroleum1 coupon shs___*
International
7%
Hydro-Electric—
International
Jan
Jan
7%
5 Va
:
•
—10
1,000
-
%
1%
16%
1%
.2.50
—
2,300
*
7 Va
16
-
_1
13
50
4
7
'
30
300
,
5%
_
12%
Machinery—
9,600
43
6
.
Michigan Bumper Corp
Michigan Steel Tube—
Michigan Sugar Co common
19%
$3.50 series—
23%
—25c
Corp common
19%
106%
Jan
.—
18%
10
i
1
19
100
7 Ve
1%
..100
19%
pfd
Jan
Jan
.
5,400
__
16
1
——
preferred
19%
Insurance Co of North America
International
1,200
—.———£1
—
Indianapolis Pwr & Light 4%
3%
6%
lVa
__
1 Va
"
Corp
Monogram Pictures
8%
__
5
—.
41%
-
__ —
*
Imperial Tobacco of Canada.——
Imperial Tobacco of Great Britain &
Inernational
7%
Jan
Jan
x21
'
—-
1
——*
__——
Ireland
7%
Industries—
(Canada)
Registered
•
*
7%
21%
■
Molybdenum
Imperial
'
X21
•
& Co.
Missouri Public
Illinois
Jan
Jan
lVa
w
Mesabi Iron Co
Jan
Jan
Feb
48%
5.300
16
Jan
Jan
4%
100
2%
3%
...5
13%
45
Jan
81
125
9%
14%
—
Products
51
9%
2
....
Jan
Jan
Jan
100
Jan
3ya
Jan
32%
1.000
4%
Jan
Feb
160%
3,500
4%
1
—^._
preferred
Hydro-Electric Securities
Hygrade
19%
83% X64%
9%
Jan
34
108%
19 Vb
*
warrants.
common
convertible
10
425
—
84
*
Refining
Manufacturing Co— —5
Refrigerator $2.25 pfd
Common
Huyler's
Inc
s
33%
•
Humble
50
48%
Jan
Jan
43
12
9%
Jan
2%
100
...
Jan
8%
600
'
...
_
6%
18%
'
/
—
A
100
1,500
__
3
Dredging
Jan
6%
—
.
MIg Co
Merritt Chapman & Scott
Corp—
6%%
2%
•
Menasco
Warrants
Jan
21%
1
•
__
„
6%
1
1
_
•
20%
21
10
& Co class B
Johnson
«...
6%
*
2%
•
*
.10
.
common.—-—-.
(A G)
McWilliams
Jan
Jan
Feb
31
*
common.
preferred
Hubbell
75
'
45%
—-
»
Baking Co
74
1,000
*
12
(Geo
&
■
9
300
*
Horn
Jan
_
Jan
-
.
8%
1
Inc
99
200
48%
5
common
'
...
9
48
,
Horder's
Jan
Feb
.
Corp
$2.50 preferred
'
9
.10
G
12%
12%
96%" Jan
300
30
—
1
A
Hollinger Consolidated
Holly Stores Inc
12%
99
100
w
_
common
_
McKee
•
4%
Shovel
convertible preferred.
Oil Co. common
MeCord
Jan
15
■
5 %■',*■
.—£1
McClanahan
•
'
Heller Co
■,—
'
——
Co common—-—.
Mfg
Feb
*
Co
—
5%
Co
Paper
Jan
Jan
1,200
1.250
Massey Harris
Bridge
Jan
13%
* Jan
H
Electric
Jan
Jan
128%
130 V J'aii-^" 137
40% Jan
44%
50
25%
•
Louisiana Land & Exploration.—.
%
27 %
; 24%
Long Island Lighting Co—
Feb
4%
Jan
26%
24%
10
Co
2~6~%
26%
26 %
~ChainIIIIIIIIIIIIIIIIIIl5
Locke Steel
200
*
Communication Co Ltd
Hamilton
Feb
1
Mapes Consolidated Mfg Co
International Marine
Hartford
Feb
4%
11%
•
Jan
6%
110
Hall Lamp Co
Jan
4%
Marconi
Hammermill
Jan
2%
10%
7:/a
1
:
common
%
400
100
Gypsum Lime & Alabastine
Corp
'
—
4%
11
5
78%
Jan
25c
common
$4.40 pfd
University
Jan
6%
42%
Extension
Jan
9
11
44
Jan
700
Xl40% 145
136%
25
..2
2%
12%
6%
_100
of Delaware
%
200
'
preferred^
Lionel
—
1
1
7% preferred A ctfs of deposit
6% preferred B ctfs of deposit
45
61
10%
Salle
5
Inc_
Mines Ltd
»
74
10
4%
11%
*
3,900
4%12
Great Atlantic & Pacific Tea—
stock
%
45
5
.
50
•
45
1
Gray Manufacturing Co
78%
Apparel
Lefcourt Realty common
Le Tourneau (R G) Inc
Jan
42
-
78%
(
Jan
Jan
14%
*
Grand Rapids Varnish—
Utilities
7V«
13 %
Gorham
Manufacturing common
.10
Graham-Paige Motors 5% conv pfd__25
Gulf States
1,900
26
Gorham Inc class A___
common
1,700
1,300
5%
4,600
-..-J—
1st
7%
7%
12%
i
Jan
21%
12%
1
2%
7Va
13 %
50
700
20%
1
-
2%
7'%
14
-
2%
21 y»
16
-
33yac
13'A
Jan
1
16%
--
13%
5
—
•
100
5
3%
150
*
15%
Monotype Machine
Feb
>
Feb
15%
Corp
Feb
4%
—
Jan
Lanston
Jan
5%
Jan
1,400
*
Feb
x9Vs
Lamson
107%
Jan
2%
5%
1
29 %
Jan
Lakey Foundry & Machine
Feb
4%
18%
•
Jan
7%
Lake Shore
5
A_
12%
23 Va
L'Aiglon
100%
2%
50
1
:
Jan
400
Laclede-Christy Company
380
5%
1
10
Feb
1,600
9
Feb
4,300
18%
:
8%
Feb
10,300
5%
^
common
12%
2J%
9
Jan
46
4%
18%
*
29%
8%
Jan
5%
*
25
$4.50 prior preferred 4.
Goldfield Consolidated Mines^.
Goodman Manufacturing Co
Non-voting
%
4
—*
—
12%
28%
—
1
1
7%
Jan
Jan
41
*
Co
lVa
—
10
common
13
Feb
5%
3%
Jan
42
1
Kobacker Stores
La
1
8'A
Jan
Feb
4
115 %
High
Jan
38%
7
5%
1
^
Godchaux Sugars class
Class. B
46
:
Distilleries class B
Union
44
i
Coal-;
6%
8
*
*
Globe
2.400
preferred.-*
common
Gobel
7%
100% 104%
50c
1
—
Alden
7%
44%
1
.
Gladding McBean
7%
7
650
Jan
Feb
1,200
40%
1
Kreuger Brewing Co
Kropp (The) Forge Co
LOW
8
40
*
Corp
Range Since January 1
High
7%
Jan
600
7
*
Yellowknife Gold Mines
1%
1%
3%
10
'
Gerity-Mich Corp
Jan
Jan
23
100
preferred
$6
Feb
6 Va
16%
1%
3%
1
pfd
$6
93%
Jan
4%
£1
common.
Service
Jan
Jan
3%
■
—
1
dep
General
,
1,000
15%
hi
25
rets ord reg
Finance Corp common
5% preferred series A
General Fireproofing common
■
5%
300
Electric Co Ltd—
Amer
Glen
30
4%
*
-
preferred
General
Giant
93%
1
Supply
convertible
16
93%
—
Low
7%
40
Ltd
Knott
16
100
common
General
5%
_*
.
*
Shares
50
(D Emil) Co common
Kleinert (I B) Rubber Co
preferred
Gellman Mfg Co
for Week
•
Klein
5 Vo
Sales
Range
of Prices
Par
Kings County Lighting common
4% cumulative preferred
King Seeley Corp
Kingston Products
Kirby Petroleum
Kirkland
Gatineau
Week's
Last
Sale Price
Exchange
High
16%
10%
preferred
10
STOCKS
Range Since January 1
1
common
EXCHANGE
ENDED FEBRUARY
Friday
Shares
High
———1.25
(Peter) Brewing.
Franklin Simon & Co Inc
(670)
for Week
of Prices
Low
CHRONICLE
Sales
Range
Sale Price
Par
FINANCIAL
200
1
4
1%
65
Jan
Feb
Jan
57/a
97
1%
9%
Jan
Jan
Jan
Jan
Feb
Feb
Jan
Jan
Jan
1%
Jan
Jan
66%
Jan
31
32
&
COMMERCIAL
THE
(680)
EXCHANGE
CURB
YORK
NEW
Monday, February 13, 1950
FINANCIAL CHRONICLE
FEBRUARY JO
RANGE FOR WEEK ENDED
Week's
Last
Range
for Week
of Prices
Si-ares
Sale Price
New York Curb Exchange
Auction Co
York
*
common
York & Honduras
New
York
New
Jan
7%
31
50
29%
Jan
31
11
2,3o0
10%
Feb
13
Jan
York Shipbuilding Corp—
18%
100
17%
55,900
18%
1
17%
Hudson Power common..
Niagara
Share
common
Niles-Bement-Pond
Jan
17%
Feb
Jan
15%
Jan
9%
Jan
10%
Feb
400
14%
Jan
20%
Feb
400
%
Jan
16%
13%
13%
900
10
10%
3,500
18
20%
%
13% Jail
15%
17%
10%
20%
Jan
12%
1
5
*
Niagara
Corp
St
•
Salt
Sayre
.5
Corp common
American
Central Texas
North
Jan
43%
1,909
Jan
47
Jan
2%
3
300
2%
Jan
5
11%
12
500
11%.
Jan
12%
Jan
2,900
2%
Jan
3%
Jan
89%
Feb
3
3%
1
3%
8j%
89%
1C0
84%
6%
50
RR Co
Penn
46%
iVii Jan
0
Oil—
Airlines
Northeast
40
46%
.50
Utility Securities
North
North
1
is
5
Mines.——
Nipissing
7%
6,700
6'8
7%
1
•
17%
17%
17%
16%
200
Jan
Jan
Jan
3
7%
Feb
18%
Jan
7
7%
1 >•
1 f
1.4
14%
General
Corp
—
--
Shoe Co
Selected Industries Inc common
Selby
stock
$5.50 prior stock
.
25
—
91
Allotment certificates
Sentinel Radio Corp common
1
Ohio
4%fr
Power
;
Inc
Jan
Feb
113
111%
34%
Jan
37%
Jan
11%,
Jan
13%
Jan
17
Jan
18
Feb
17%
Jan
18
Feb
9%
Jan
10%
Jan
8O0
12%
18
18
500
10%
10%
400
50
.
Seton
Corp
Jan
70
1,000
16%
1
Securities
Jan
45
41 %
12
O'okiep Copper Co Ltd Amer shares.
1%
Jan
325
13
——
1
Jan
1
2,800
37
36%
*
—
Overseas
1%
44
112% 112%
36%
-15
T
Filters class B_
United
Oliver
Omar
43
Too
preferred
Oklahoma Natural Gas
1
43
50c
Ogden Corp common
«
Ohio Erass Co class B common—,
class B
Leather common
Serric-k
Shattuok
:
Shawinigan Water & Power
Sheller Mfg Co
Sherwin-Williams
common
4r,'o
Preferred
Sherwin-Williams
of
Jan
Feb
Jan
3%
Feb
2%
Feb
2%
Jan
25%
Jan
28%
Feb
13%
Jan
15%
Jan
Jan
1%
Feb
12 A
1%
Jan
Jan
14%
Jan
3%
Jan
3%
Jan
3,000
22%
Jan
25%
Jan
350
84%
Jan
88
100
88 %
Jan
91
700
3%
Jan
5,600
3%
Jan
%
12
3
20 %
21%
66
Feb
13%
12,300
--
—
Jan
1%
150
Jan
is
11%
Jan
12%
Feb
Jan
10%
Jan
Jan
100
3
21%
22
Pacific
Co
Can
5%%
0%
1st pfd—_25
1st pieferred—
25
9%
9%
700
7%
Jan
36%
36%
36%
4.300
34%
Jan
30%
Jan
33
S
common
Pacific Gag & Electric 6%
33
33%
500
31%
Jan
33%
Feb
21%
66%
*
*
*
3%
—
—
5%
1st preferred
25
29%
29 %
100
29 %
Jan
29%
Jan
5%
redeemable
25
28%
29 %
200
28%
Jan
29%
Feb
28%
700
28
200
103
1st preferred.—;
5% redeemable 1st pfd series A^
Pacific
Pacific
Pacific
Public
$1.30
1st
Service
common
Jan
15%
25
Jan
gSolar
41%
Jan
Sonotone
2%
2%
2%
38,600
2%
Jan
3
Jan
6%
6%
6'%
34,200
6 %
Feb
7%
Jan
Jan
16%
Jan
16%
5
Parkersburg Rig & Reel—
Plymouth
Mills
850
11
11
11
1
:
25%
x22%
800
~3%
2
1,900
4
Corp
Manufacturing
So,s
South
11
27%
Jan
Southwest
12
Jan
Southern
Jan
Feb
Jan
57
4%
Jan
Line
Edison—
Pipe
Pa
California
$1.32
cumulative
Pennroad
Penn
preferred—
&
Electric
class
A
com
2%
Jan
3%
Feb
22%
20%
Jan
23 %
Jan
66
Jan
'69 %
Jan
Jan
109%
50
107%
18%
Jan
19%
Jan
800
15%
Jan
16%
Jan
300
18%
Jan
18%
Feb
500
3%
Jan
4
Jan
Jan
30%
Jan
Jan
7
Jan
Jan
290
2,150
10
Traffic
Penn
Light 4%%
48%
Feb
Jan
29%
10%
11%
9,600
10%
Jan
11 V\
Jan
2%
2%
2%
300
2%
Jan
2%
Jan
109%
Jan
50
'jJQ9% 109%
2.50
4%
'«
.
,4%
500
39%
800
Jan
25
Jan
108%
JaiL
Feb*.
4%
Jan
36
38
3%
3%
200
2%
Jan
3%
Jan
Standard
56%
59%
1,100
53%
Jan
59%
Feb
1
5
Perfect Circle Corp
Pilaris Tire & Rubber
11
»
l
50c
%
500
U
17%
Jan
5%
5%
800
4%
Jan
Jan
11
Feb
300
5%
*
_
Jan
11
19%
.500
jj
*
—
11
11
19%
2.50
common
Philadelphia Co common
Phillips Packing Co
18%
1
17%
18%
500
Jan
17
$1.60
Jan
6
Jan
19
Pinchin Johnson Ltd Amer shares
Pitney-Bowes lnc__:
Pittsburgh & Lake Erie
Pittsburgh Metallurgical
Pleasant Valley Wine Co
6%
1st
3,500
2%
Jan
2\% Feb
1%
200
1%
Jan
2%
15%
15%
2,100
58%
59%
570
5
20
19%
20%
1,200
1
common
4
4
4
15%
10
4
25c
common.."
Corp of Canada
9 Jfi
Kf
*
58%
__2
—.50
Mining Co
Powdrell & Alexander
Power
1%
1
Pneumatic Scale common
Polaris
213
2{®
i
%
400
17
75
5
1,100
Jan
Standard
Standard
pieferred
$7
Standard
Standard-Thomson
Fell
Standard
Inc
Steel Co of Canada
Feb
Stein
Jan
Products common.l
Sterling Brewers Inc
1
§ Sterling Engine Co
1
Sterling Inc
1
5'A
1,100
6%
Jan
7%
Jan
100
14 %
Jan
14%
Jan
100
10%
2.50
America,.
1
12
Producers Corp of Nevada—
1
Prosperity Co class B
•
Providence Gas
10%
♦
35%
Jan
9%
Jan
10%
Jan
1,000
11%
Jan
12%
Jan
Service
4%%
of
Co
(J B)
Stinnes
•
Co common
(Hugo)
900
1%
—
9%
300
10%
Jan
32%
Jan
13%
Jan
15%
Jan
•/V Jan
%
Jan
2,500
2"
Jan
3%
Jan
1,500
9
Jan
9%
Jan
300
3
Jan
4
Feb
1,200
1,500
140
26%
Feb
28%
14
Jan
16%
Jail
Feb
46%
Jan
47%
Jan
600
28%
Jan
29
Jan
1,800
31%
Jan
32%
Feb
1,600
29%
Jan
30%
Feb
1,400
26%
Jan
27%
Feb
4%
Jan
400
4%
Feb
32%
Feb
35
Jan
50
17%
Jan
17%
Jan
300
2%
Jan
3%
Jan
Jan
4%
Jan
Stop & Shop Inc
Stroock (S) & Co
Jan
1%
Jan
Sun
Jan
7%
Jan
9%
Jan
10%
Jan
Superior Portland Cement,
Superior Tool & Die Co
Oil
18
__
18
16%
*
25c
Drug common
Finch
7%
4%
1
;
common
1%
Ray
__
5
;
Inc
—■
21%
2%
*
1
Corp
15
200
1%
4.200
1%
Feb
12%
13,100
9%
Jan
12%
Feb
22
1,100
19%
Jan
22
Feb
3
600
18%
9%
36%
4%
4%
4%
4%
200
1,900
300
Jan
Jan
Jan
9
34%
3%
Jan
18 %
Feb
Jan
3
17%
10%
Jan
Jan
36%
Feb
Jan
40,300
3%
Jan
4%
100
3%
Jan
4%
155
Feb
Feb
169
Jan
169
130
7
600
6%
Jan
7%
4,700
4%
Feb
5%
Jan
200
2%
Jan
3
Jan
Jan
5%
Jan
6%
4%
2%
4%
2%
5%
Jan
7,500
4%
.92%
23%
240
87%
Jan
92%
100
23
Feb
25
Jan
12
__
e
.
Corp
4%
12
100
11%
Jan
12%
Jan
7%
Feb
4%
88%
_«
common
Aluminum
Sterling
Swan
Public
&
(A)
7%
1%
1%
Jan
400
10%
12%
xl2
Jan
23
5%
,1
Corp
Jan
7%
common
Metals of
1
B—
4
33
17%
3%
168
4%
1
Corp
17
Stetson
Pressed
169
4%
Jan
14%
35%
__
Jan
7%
34%
36
1
Co
class
(The)
Starrett
„
Jan
14%
200
2%
900
33
3
17%
9%
35%
3
__
3%
7%
*
Tube
1
18%
14%
Pratt & Lambert Co
Products
Jan
Jan
30%
27%
4%
4%
%
11%
21 %
11%
x21%
1C
Light common
B
59%
•
preferred
Prentice-Hall
class
15%
4%
4,200
40
29
32%
31%
29%
27%
4%
32%
17%
3
4%
♦
&
Power
Jan
14
28%
—
1
_*
(Ky)
Oil
Jan
Jan
common
Forgings Corp
14%
21%
Corp
convertible preferred
55
__2.50
common
Co—
Dredging
Standard
Common
Pioneer Gold Mines Ltd,——
Piper Aircraft Corp common..
16%
46"% 47
—
*
2.73
1
—10
1
20
_1
preferred
Convertible
Jan
Feb
%
20
Brewing
Standard
Pierce Governor common
15'/a
32%
5
"
Standard Cap & Seal common,.
Power Co
(The)
27
16%
25
Stahl-Meyer Inc
57'A
Water &
Feb
Jan
Jan
Jan
__
—
30%
27%
Spencer Shoe Corp
5%
40%
Pepperell Manufacturing Co (Mass)—20
Penn
5%
269
Feb
32%
15%
%
3%
9%
9%
3%
3?%
26% 27%
14%
14%
%
i«
33
25
4.48%
36%
Pep Boys
580
—
—
29
32%
Speed Queen Corp conv class A
Jan
29
pfd——100
—JU—2.
Co
2,000
*
Jan
2%
—
'
Penn Power &
290
,_25
25
4.88%
io%
25
Corp common—
Gas
Jan
46
24%
,_,25
274
,,25
original preferred ,—
cumulative preferred
convertible preference
5%
•
$1 cumulative preferred—
G%
—
290
1
1
12.50
10
common
common—.
Oil common,.
Penn
South
Feb
3%
Corp
Coast
i
"
50
48%
--
6
—
1
1
—
convertible preference,
4.32%
cumulative preferred—
Southern Pipe Line
Southland
Royalty
Co
48%
6%
—
1
4.56%
Peninsular Telephone common,
Jan
20%
*
Manuiacturing Co
Jan
x22 %
53
•
Ltd
Jan
500
08%
—
—
£1
Co—
Aircraft
Solar
Jan
vtc
Co.—I
Co
Jan
Smith
Jan
Parker
Patican
Feb
6
Jan
25
1
Patchogue
jan
106%
104
39%
Paramount Motors Corp
Pen
28%
Jan
Singer Manuiacturing
Amer
dep rets ord
•
Amer shares—
(C A)
Jan
Jan
Pattern common
Ltd class B—
Manuiacturing Co
Co Ltd—
registered
(Howard) Paper Mills
Singer
•
(C A)
Panatapec Oil
100
•
—
Tubes common
Oil
Pancoastal
101% 102%
98%
15%
100
106'
106
106%
101%
___*
preferred
Page-Hersey
28%
25
Lighting $4.50 preferred
Power & Light 5%
pfd
*
1
*
100
preferred
S3 convertible
Jan
1,200
19% 19%
16_
16%
18% 18%
3%
3%
16%
Simpson's
Feb
Feb
4%
3,300
109% 109%
—
*
Canada
Shoe Corp of America class A—_.
Sick's Breweries Ltd
—
Simplicity
17
30%
3
21
Sinunons-Boardman Publications—
Jan
Jan
15%
2,800
10
--
Silex Co common
9%
Jan
2
1%
2%
200
-
5
*
1
25
100
Mining
Denn
5%
1
—1
*
Control
Safety
Sentry
4%
1
1
Inc
B)
(R
Semler
O
1%
1%
3 s
J »
23/2 24/a
80 ,4 08
91
91
4 g
4_«
5%
5 .8
3%
23 ,a
1
—5
Feb
200
H /2
**
--
1%
Jan
3,400
^
l'»
1%
1
*
Segal Lock & Hardware
Convertible
—
Jan
100
--
--
Inc
Bros
Seeman
2o
*
Co common
8%
4,400
2*
28,1
*4 rz
2 a
Feb
Jan
23%
1,800
3«
*
Steel
Securities
--
2 /«
2b /8
14/2
D A)
<
1 *
3'■»
—1
Scovill
Schulte
—
1
Inc common
Manufacturing
Scullin
Nineteen Hundred
7%
—25c
—1
(Del)
& Fisher Brick Co
Savoy Oil Inc
13%
28 %
7
1,300
20 a
common
United Corp
Samson
12 /s 13 .«
21.*
10%
12.800
12V4
Oil Co
Dome
Jan
Jan
5,800
17,400
1
49
1
—-I
Ltd common
preferred
Corp
Lawrence
1st convertible
shares
Founders
High
Low
Feb
10%
11
10
Merchandise
Range Since January 1
High
S
Jan
31
10
Rosario—
New
7%
•
—
Shares
High
Low
High
for Werk
Low
Par
Low
Par
New
Sale Price
Curb Exchange
New York
Range Since January 1
Range
oi Prices
Last
STOCK3
Sales
Week's
Friday
Sales
Friday
STOCKS
7%
%
4%
17%
2%
18
16%
x5%
21
x2%
7%
1
4%
8%
Jan
1,000
%
Jan
1 %
Jan
4,400
3%
Jan
5%
Jan
300
18%
850
14%
Jan
18%
Jan
3%
18
1,100
2%
Jan
3%
Jan
150
18
Feb
19%
16%
850
13
Jan
16%
5%
21%
x2%
500
4%
Jan
6
Jan
475
20 %
Jan
24
Jan
1,700
2%
Jan
2%
Jan
8%
Jan
9
Jan
—
—
Feb
Jan
Feb
Colorado—
cumulative
preferred
>-* O O
103% 104%
100
Jan
»-* O CO
104%
Feb
Puget Sound
Power & Light—
$5 prior preferred
Puget Sound Pulp & Timber common
•
Pyle-National Co
5
common
Pyrene Manufacturing
101%
75
99%
Jan
101%
Feb
15%
15%
200
14%
Jan
16%
Jan
11%
12%
275
11%
Jan
12%
Jan
7%
7%
200
Jan
7%
Jan
101
*
12%
1q
7
•
Technicolor
Quaker Oats
6%
»
common
preferred
I"
107
109%
155
108'/a
100
■
,
!
Quebec Power Co__
Tilo
155
»
—
780
20
—
—
98
154
Jan
Jan
14 %
Jan
109%
Feb
159
preferred .100
122%
5
T/o
14 %
5
14%
common
Roofing
Inc
Inc—
—
__
__
—
_
__
14%
Feb
Tishmar.
Tobacco
Voting
Railway & Utility Investment
Rath Packing Co common..,
Raymond Concrete Pile
A
;
common
$3 convertible preferred
Raytheon
23
10
common
Manufacturing
1
10
♦
_I
150
23
Reading Tube Corp class A
Jan
&
Co
_
Royalty Corp_
^
Toledo Ediscn 4%%
preferred
Tri-Continental
26%
Jan
Feb
Jan
16
14%
1,900
11 %
Jan
14%
Feb
1G%
17%
200
16%
Jan
13
Jan
8%
8 %
1,300
7%
Jan
8%
Jan
12%
Jan
13%
Jan
14%
13%
14:%
1,300
96
92
98%
590
Jan
Trunz
26
1,300
24%
Jan
56
Jan
8%
Jan
4
4
4
31/,,
3%
33
1%
1%
5
29 %
29%
225
27%
Jan
30
»
26%
26%
200
23%
Jan
26 Vs
1
2%
2%.
800
2%
Feb
3%
Jan
Feb
5'
Jan
Jan
70c
-
-
39%
Jan
Lux
z
Jan
Jan
45
40%
40%
400
1%
1%
2,900
1%
Jan
2
Jan
175
101%
Jan
103%
Jan
%
1,400
13
Jan
1
1%
100
12
%
1
Jan
—
3
3%
4,800
3
Feb
4
•'
Jan
2%
3%
4,500
2%
Jan
3%
Jan
18%
warrants.
3
3%
1
Corp
Inc
%
19%
1,250
Tung-Sol Lamp Works common
80c
convertible preferred
1
17%
Jan
19%
Feb
20%
——
—
Jan
20%
Jan
Jan
10 %
Feb
Jan
12%
Jan
10%
5,000
8%
12
10
*
10
12%
700
11%
Feb
Richmond Radiator
98%
Jan
75
102 % 103%
40'
20
_
Jan
Rice-Stix Inc
Jan
4%
%
__
True Temper Corp
57
25 %
Jan
deposit rets def registered-
Shipyard Corp common
Trans
26
6%
14%
,
Tonopah Mining of Nevada
28
37,100
500
Ltd—
Toklan
Jan
Jan
8%
Jan
Jan
24%
8
15 %
5s
Jan
Jan
250
8%
Jan
*
Allied Stocks._
Security Trust
1%
1%
28
1%
Jan
122%
1
Realty & Construction
24%
100
27%
*
common.—5
21
'1/64
27 %
1%
18%
Jan
deposit rets ord registered. —£l
Todd
Jan
Jan
120%
13%
Amer
R
1/256
14%
Jan
16%
20
25c
Amer
.
Feb
33
3,200
Jan
Tobacco
Itadio-Keith-Orpheum option warrants.
Railway & Light Securities—
35%
1.000
17%
1
Corporation common
Markets
122
35%
122'%
35%
16%
17
common.
& Light
Shovel Co
Thcr
Thorofare
35%
common
*
Inc
Power
Thew
Q
Co
Electric
Tampa
Texas
6.25
Regal Shoe Co
Reis
1
(Robert) <te Co__
Reliance
Electric
&
1
.
Engineering!
2%
300
1
1,400
200
4
Feb
4%
3%
Feb
4
1
Jan
1%
"
Jan
Jan
Jan
Rio Grande Valley Gas Co—
(Texas Corp)
v
t
U
Ulen
Unexcelled Chemical Corp
i
c
2%
2%
2'.'4
5,400
2
Jan
2%
Jan
Union Gas of Canada
Union
Rochester Gas & Elec 4%
pfd F
Roeser & Pendleton Inc common!
100
•
101
27%
100% 102%
230
27%
1,000
25%
98%
Jan
102%
Feb
25
Jan
2V/4.
Feb
Rolls Royce Ltd—
American
Rome
Cable
Roosevelt
Corp
common
_5
Inc
III10
common
-
g
1
1%
Jan
2%
500
2%
Jan
3%
Jan
*
4
14%
14%
7.400
12%
Jan
14%
Feb
100
7%
Jan
8
*
100%
225
99 %
Jan
100%
100
64
Stock Yards
800
~9%
Jan
Jan
United
6%
700
6%
Jan
7%
Jan
1,400
22%
Feb
25%
Jan
warrants
United Elastic Corp_
22%
9%
8
24
5%
Chemicals
common
Light & Railways
3,500
8%
Jan
10%
Feb
United
8%
16,300
7%
Jan
S%
Jan
United Milk Products common
—
5%
500
100% 100%
67
_3%
67
3%
3
50%
*
8%
Jan
8%
Jan
5%
Jan
6%
Jan
4%
4 %
5
900
4%
Jan
5%
Jan
1
9
8%
9
2,800
7%
Jan
9
Feb
75c
participating preferred
United
Amer
United
Feb
Molasses Co
deposit rets
3%
Jan
51%
Jan
Jan
i«
Jan
Jan
35%
Jan
108,300
37%
Jan
41%
Feb
8%
200
8 %
Feb
10
Jan
18%
10
18
Feb
19
Jan
236
Jan
T
39%
41%
*
8%
•
18%
41%
Feb
Feb
67
Jan
Jan
43
1,800
35
—7
Jan
2%
33
100
V4
35
*
5,800
50 '4
.7 2
Corp
10%
—
5%
3
7
United
700
1
8
of Omaha
~9%
10
1
Co of California—
preferred series a
~9%
•
,
For ioomotes see page 33.
10
1.25
Ryan Consolidated Petroleum
Ryerson & Haynes .common
-
23%
*
Ryan Aeronautical Co
J
6%
9%
1
Royalite Oil Co Ltd
Ave
Oil
$3.75
Jan
2%
14%
100
United Aircraft Products common—50c
z__5
Rotary Electric Steel Co
Rowe (The) Corp common
Russeks Fifth
Union
Union
dep receipts for ord reg__£1
Field
Investment Co
1
—5
10c
Realization Corp
150
32
Ltd—
ord registered
NJ RR & Canal
100
—
—
—
-
242%
Jan
Volume 171
Number 4881
THE
COMMERCIAL
NEW
&
YORK
FINANCIAL
CURB
CHRONICLE
Week's
Last
Range
for Week
Sale Price
Exchange
of Prices
Shares
Par
United
Profit Sharing
10%
preferred—
United
'•
Shoe
United
S Air
U
S
and
$5
U
Co
preferred
Raciator
with
Insurance
Products
Utah-Idaho
Utah
Feb
12%
133a
600
12
Jan
13%
1%
2,700
Jan
1%
Jan
15% Jan
.18%
Jan
1%
Co
1
1
4%
900
1%
13
1%
1
Jan
4%
89%
Jan
5%
Feb
Feb
1%
Jan
New
700
Feb
1%
1
Feb
Is
.
Feb
43%
Extended
Jan
Jan
28%
Jan
28
'
Jan
29 %
Jan
274
1.600
2%
Feb
S4
convertible
l
33e
preferred
—__5
25%
1,400
23 Va
Jan
2512
3Us
Vanadium-Alloys- Steel Co„_
Venezuelan
Syndicate
6,200
5
Feb
10
68
Jan
68
Jan
30
27
4
i
Inc
Vogt Manufacturing
5%
*
I
Petroieum
Venezuela
A
68
4
20c
_*
25b
13%
___—
4%
2%
13%
2%
13%
#
5%
Jan
Feb
Jan
300
2%
4%
3%
Jan
Feb
200
12%
Jan
13%
$2
1
preferred.
cum
'.±
Walt-ham. Watch Co yxc w L_
vWard Baking, C,o .warrants—*—'-
1
Wa rner,
1
Aircraf t Corp—
Manufacturing
Went worth
Tablet
&
—
—1.25
Stationery
Westmoreland CoaL
Westmoreland
We yen berg
Whitman
Wichita
(Wm)
&
Co
f The)
Williams
Willson
(R
C)
&
Products
Winnipeg
Elec
Wisconsin
Pwr
& Lt
Woodall Industries
'•1.
50-year
10% Jan
Harbor Wafer
common—
113
W)
6%
Wright
—.
1st
and
ref
M
Southern
California
Southern
Counties
1st
motrgage
series
3s
June-Dec
Gas
Gas
3lbs
Boston Edison 234S
Central States Electric
5%s
debentures
Southwestern Gas & Electric 3V«s
Spalding
Jan
AStarrett- Corp
400
8%
Feb
8%
Jan
5s
112 la
Jan
%114%
Jan
Stinnes
158
Feb
165
Jan
50
■
24% Feb
•
24%
Feb
Jan
3%
1912
Jan
2,600
7Mz
Jan
6%
Jan
625
9%
Jan
29 Va
25
8 Mi
11
3%
Jan
32%
Chicago Transit
3%s
Jan
21 Mb
Co
18
Jan
Feb
2%s
Jan
United
Jan
trust
1st
ref
2%s
mtge
1st
ref
1st
ref
2%s
3%
Jan
4
Jan
14.
Feb
29 V2
Jan
32
Service
A 7s
Jan
13 Ma
Jan
ex
Dec
Dec
1
1
$ 1C4
106%
104 Ma
104%
101 % 101 Mi
101 Va
101 Ma
Jan
Jan
West
10%
400 A
10%
Feb
12%
Jan
Western
4
Jan
A5s
income
Penn
4
--
100
—
1%
—
m
4
79
8IV4
$47
52
48
58
48
43 Me
15
46
57 Ma
62 Mi
62 M2
1
59
63 V*
103% 103%
19
debentures
—
4,900
Traction
5s
Newspaper
conv
—
Consolidated
Gas
General
1954-*—-
1Y» Jan
Lack
&
N
J
Sale Price
Elmira
—■
Bid & Asked
'
Bonds
Water Lt
Low
7
'.077
8
1033b
—
$106% 107
—
a
1959
Ma re Hi
Elec
Mfg
A6V2s with Nov
1
A6%s
1947
Finland
5s
1
Nov
ex
104%
104%
Agricultural Mortgage Bank
A 20-year 7s April
1946
93%
_
100%
94
37
99% 100%
—
'
92-
221
94
997a
•
9932
$103
104
-
$103
$106% 107
April-Oct.
993e
103
114
—April-Oct
106
External
1
106'4
115
HOli
Grand
Mtge
May
45%
Jan-July
58%
58%
45%
46%
37
6
102% 103
Mat-Sept
42
29
118% 11814.
—
55*2
10234
5
118V*
Trunk
Western
Ry
series
A
Western
(coupon
Ex-coupon
International
A0%s
Power
A7s
(Dec
series
A7s
A7s
A78
E
(Aug
series
1
Interest reduced
4s
1950
1963
1031a
II8I2
tissue
of
Oct
Parana
coupon)
42
42
8G%
81
86*2
85
7612
92%
95
19
86 *2
95
91
91J/8
4
83!,i
91 lb
95"a
94%
95%
5
86
95 la
91
Jan-Juiy
<
1952
daily closing
91
91
8
833/4
pt
as
compiled by Dow, Jones & Co.
10
Feb.
Feb.
6.
Feb.
7—
Feb.
9-
Feb.
10
roads
ities
Stocks
Total
65
10
10
First
Second
Grade
Grade
Util¬
A
Rails
Ralls
ities
Bond*
JO
Total
—.
205.03
55.53
42.57
74.08
103.16
106.28
91.65
105.99
101.77
55.34
42.42
73.87
303.16
106.15
91.49
105.92
101.68
2C3.53
54.73
42.42
73.46
203.12
106.22
91.51
105.96
101.70
202.71
—
54.79
42.50
73.33
103.05
106.22
91.48
106.05
101.70
203.80
203.49
55.21
54.81
42.53
42.75
73.70
73.58
893/o
77 Va
83 Va
82
82
2
\
8Mb
„
8 lb
4
7Mi
8%
i43/4
.$18%
—May-Nop
—
$3214
33Mi
June-Dec
—
$47
49
May-Nov
__
1927)
April-Ocf
June-Dec
—
June-Dec
—
1947
1947
—
$47lb
$47lb
—
$37
19
I8V4
46lb
—
47%
—
—
—
"
—
-rr
37
37
*r
„
,$87Mi
—>
--
•
80
80
.
'Plan A)
to 2%s 2008
2%s
to
de
of)
(ser
Janeiro
B
1921
C
stamped
reduced
Jan-July
D
(Plan
2"/
to
E)
6%s
1997
333/a
--
31Va
32V»
22
22
22%
53
18%
22%
$32%
—
32Mb
31
32 Va
A)
June-Dec
2012
1919———Mar-Sept
3214
1
2'2
2%
132
2%
2%
2%
2%
—Jan-July
—
—
—
Jart-July
—-
A
2%
27
21b
2%
—
•No par value,
Odd-lot
a
transaction
Deferred delivery transaction (not Included in year's range).
<1 Ex-Interert.
(not included In year's range). - f Ex-distribution,
gEx-stock dir.
h Ex-
n Under-the-rule
(not included
in
transaction
year's range),
x
asked prices;
ABonds being traded
(not
included
Ex-dividend,
no
y
In
year's
Ex-rights,
z
range),
r
Transaction
for
cash
Ex-liquidating dividend.
tales being transacted during current week.
flat.
i Reported
in
receivership.
Abbreviations used above—"cod,"
certificates of deposit; "cons," consolidated; "cum,'* etumO*tive; "conv," convertible; "M," mortgage; "n-v," non-voting stock; "v t c," voting trust c*rtifie*t*«;
"wl," when Issued; "w w," with warrants; "xw," without warrants.
Over-lhe-Counter Industrial Stock
Average
40
trials
204.59
.—
8
Feb.
IB
Util¬
trials
4—
20
Rail¬
79
89%
(35 Stocks)
Indus¬
4
30
47*%
17
89
—
Bonds
Indus¬
71%
46Va
Averages
averages of representative stocks and bonds
Exchange
71%
„
85li
95
,
Stocks
Date—
la
—
—Feb-Aug
1957—,
the New York Stock
r
stamped
(Republic
principal.
4314
$83%
—
49
100
49
86%
—
„
1952
coupon;
1927)
$ Friday's bid and
June-Dec
1955—
—
$47
1958—Mar-Sept
Interest reduced
103',2
*42
coupon 1
1957—
$71
'
'Plan Ai
2%s 2008
May
Peru
e
Stock and Bond
on
993i
103*2
Sec—
Below are the
listed
55
103% 103%
High
—
56
*45
__
'—
1941
(Juiy 1941
$54
•
June-Dec
Jan. 1
Low
„
82
Jan-July
to
of
Interest
52
No.
—
89%
•
stamped 1951Bank of Bogota—
ARussian Government
54
Range Since
Sold
High
COli
47
10378
65
52
1958
on)
-
7s
(issue
A5%s
Mar-Sept
Jan-Juiy
102%
1-
6%s stamped
A7s
110%
120
1955
1941
F
$61
—
RR—
market
A6%s series C
•
City
AMedellin
Rio
1953
1953
„
Feb-Aug
—
Port & Waterways —
External 6%S stamped 1952_
'Peru)
Maranhao stamped
Bank—
Green Mountain Power 3%s
6s
1953
5s
$71
„
May-Nov
*
AMortgage Bank of Chile 6s 1931
Mortgage Bank of Denmark 5s 1972
58%
Bonds
Bid & Asked
„
June-Dec
Danzig
106%
3108%
21
110% llOli
Moy-Nov
101 Va
103
106*4
113% 114%
Sale Price
April-Oct
Jan-July
-
ALima
$105% 106%
May-How
120
—
Valley 7s 1948Danish Cons Municipal Loan—
External 53ss 1955
100%
104
.
1976—Jarc-Juiy
stamped 1961
Guantanamo- &
(Col)
7s Jan 1947—*
Mortgage Bank of)
(see
Mortgage
coupon
coupon
96
107%
120
5
Week's Range
or Friday's
Last
Period
Low
A20 year
April-Ocz
101% 102 Mi
106%
Co—
1940
Residential
Interest
106%
104% 1041b
__
101%
Feb-Atip
New York Curb Exchange
Is
Ercole
95 3A
107
106
A
1956
10
1
120
Union—
BONDS
108%
$163% 180
__
-.—Jan-July
120
.120
Friday
High
108% 308%
RR—
5s
95 Ms
$107
June-Dec
Jan. 7
No.
Division—
& RR
95 lb
-June-Dec
Range Since
Sold
High
103% 104
x03%
Jan-July
1977—-Jen-July
mortgage 4s series A 1993
A 1st
mortgage 4s series B 1993
Eastern Gas & Fuel 3%s 1965—
63
Jan
«Bait)—-
Western
103%
Foreign Governments and Municipalities
Fridav's
or
1947—1978
1st
62
Week's Range
Last
(Bait
Lackawanna of
102M2
$30
_Mar-Sepf
1960
debentures
f
s
A7s
Delaware
103%
$62
ACauca
City) —
mortgage 4lis 1954
$30
„
__
Bogota
—.
131
Jan
105%
1981
96
81
Washington Water Power 332S 1964
16
106%
110%
T
106 Mb
89 3A
79
«
—
Jan
103
U
106%
131
1956
coupon
14
10512 Jan
108
*
27
Hotel—
100
46
series
6
94 Mi
140
May-Nov
100
210
series
106%
921st
1956
coupon
14 %
105%
2%s
1061b
/
Co—
1940
1947
Waldorf-Astoria
109% 110%
deb* 1962__
106
104%
$133
1969
Electric
105
2%s
mortgage
mortgage
conv
105%
$103
—April-Oct
29%
June-Dec
Q 1976.
1981—.—
109%
104%
40
108
i
1946—*
stamped
tevenue
with
105
ser
109%
105
—
1051b
.—Jan-July
.
i
«.
1st ref 234s series R
105
Feb-Aug
1966*—
Corp—•
•
stamped 1946—,
(Hugo) i Industries—
A7s
no
Consol Gas EI Lt & Pwr
162
105 3/a
Trlborough Bridge & Tunnel Authority-
8%
450
'
—_Quar-Feb
3s
160%
105
$10918 1091b
Hydro-Electric Co—
A.6M2S with Aug 1 1940 coupon 1953_
A6M1S ex Aug 1 1947 coupon 1953
Mar-Sepf
debenture
$1023i
105
May-Nop
April-Oct
—April-Oct
5s *1950—-*
3rd
A7-4s 2nd
6%
12
800
14
Inc
10%
■
Period
Registered
1613/2
105 U 105 3/e
Terni
Corp 5s debs 1948—Jan-July
of
161
Jan
Feb
Authority—
series
revenue
Cities Service
106 Ma
$106
1970
*
G)i; 5s .1989
(Hugo)
A7-4s
Feb
21
17lb
iA
collateral,
Stinnes
Feb
Feb
475
Friday
1954
98%
105Mi
$106I2 108
—Jan-July
Jan
2%
1%
1970——
19514
98 Va
Calif)—
1
Jan
17%
Interest
1998-—
10514
April-Ocf
1971
3s
1%
200
Appalacian Elec Power 3%s 1970—
—June-Dec
Atlantic City Electric 3lbs
1964
Jan-July
Bell Telephone of Canada 5s series C
1960_June-Dec
6s
105%
1
Feb-Aup
1970
Jan
Low
Steel
107%
23
991b
10512 105U
105 la
Mar-Sept
1
Bethlehem
105%
105U 105lb
April-Oct
1973
B
%
900
143
*—
Exchange
series
300
18
4
•
62
106
Jan
29%
BONDS
New York Curb
A
6s
Rargreaves Ltd
60%
104 M2
105 %
6
106U 1071b
$98 lb
Mar-Sep{
1973—Jan-July
2
3 Me
—
/
£1
10614
105 U
Jan-July
1965
1%
350
5s
.
2
103
"
■
8
deposit receipts
preference
6lib
102
$61
1952
3s
6%
-
Ltd—
<F
American
6lib
Corp 3s 1981—May-Noo
Edison
Feb
'
Wool worth
Power
Joao.uin Lt & Pow 6s B
Jan.
■
2
Woodley Petroleum
5 5 Mi
.
104% 105
Jan-July
Mb
13%
100
63
49 lb
$30
—
4%
18 lb
3%
91V2
63
Electric—
1952
California
Jan
32 lb
3%
April-Oct
April-Oct
debentures' 1998
6U
Borough Gas L
4.450
__
•
pfd
Feb
1%
21
10%
1
88 M2
$105% 106%
1960
140,700
158
8
102
31
Co—
Gas
8Mb
17%
61 U
104 Va
May -Nov
1960
coupon
coupon
&-
1
3%
l
AVeVo
110%
Jan
17%
25
Inc
Jan
21
1
common
»%
♦.
30%
•
1940
1947
7b
l
8V4
April-Oct
G34
■'
•.a.
1
1
5Us series A
Jan
Jan
1%
50
11^
1%
Jan
109
300
■A-
—
5
Co
10
1%
158
'
™
17 3 4
Inc
%
8%
lo
Wilson Brothers common—
5'c
preferred w w
8%
la
1
Corp
Corp
400
t
l
River Oil
Wiekes
•
.
10
Mfg
834
"8
—20
Inc
Shoe
1Mb Jan
6^
—-
*
com
100
Uo
\h
6%
West Texas Utilities $6 preferred—*
Western Maryland. Ry 7''« 1st pfd__l00
Western
l3/2
1
30
-
2
110% 110%
—
Wattfc & Bond.. Dae,
Oct
Oct
3Us
834
Wagner Baiting,voting, trust ctfs ext__*
7'v preferred
,_100
30
•
High
Hvdro-EIectric Co—
ex
Southern
13
53
51%
Ja 11-July
Service Electric
Queens
Jan
W
♦.
2
Low
Jan
1,800
San
—_
2s
Public
Jan
4
63
Safe
Waco-1-Aircraft Co.—
63
102
.—Mar-Sept
1970
A6US with
63
1963*—
to
Lexington 1st mortgage 3s 1964
Pennsylvania Water & Power 3Us 1964
Feb
5
—
4'r
at
513U
Feb-Aug
Park
Jan
24%
5%
90%
Jan. 1
No.
$30
Gas Light
4l2s 1967
England Power 3Us 1961
Piedmont
common
High
90 V*
90U
Jan-July
Ohio Power 1st mortgage 3Us 1968
1st mortgage 3s
1971
1
V '
Val.spar Corp
Range Since
Sold
Jan
40
25
,400
—
25
—Jan-July
1952
coupon
Milwaukee
1%
:
Bonds
Co—
1940
Nov 1 1947 coupon 1952—
Superpower 6s 1963
McCord Corp debentures 4laS 1956
Midland Valley RR—
Jan
38
Friday's
Bid & Asked
ex
Jan
234
_*
1
Italian
200
41
„
A 7s
A
4%
__
_5
Jan
83%
2
or
Sale Price
63
certificates
escrow
Hydro-Eiectric
A7s with Nov
75
%
41
4
Isarco
5,100
534
41
common——10
common
4'2
88
1%
lo
l'/a
1.500
5
,.10
;
17
87%
__
.A
50c
—
Light
4%
*
ADebenture
Jan
41%
1
,
Sugar
Power &
49%
Jan
13%
Week's Range
Last
Period
InterFtate Power Co—
5% ' Jan
Feb
40%
16%
.
Jan
43%
260
1 %
warrants..
common
-
7,050
415s
*
S Rubber
Reclaiming Co
United Stores Corp common
Universal Consolidated Oil
Universal
——
Interest
'
Exchange
Low
Jan
,
46 3 b
16%
U
Universal
■
4
41
1
Securities
5
■
3
Jan
43%
4
10c
B
International
1st
S
class
%
New Y'ork Curb
High
413
;1
Conditioning Corp„
Foil
S
common
Low
44%
—,25
:
High
.
25
common
—
Specialties
U
U
■.
Friday
BONDS
Range Since January 1
T*
10
—-
Machinery
Preferred
Low
25c
common
10
Sales
STOCKS
New York Curb
33
EXCHANGE
RANGE FOR WEEK KMll D FEBRUARY
Friday
.681)
103.06
103.13
206 19
106.19
91.58
61.88
106.00
105.99
101.71
101.80
Compiled by National Quotation Bureau, Inc.
Date—
Closing
Feb.
4—
Feb.
6
Range for 1950
36.49
—
High
36.48
Low
Feb.
7
8
36.25
Feb.
9
36.30
High
36.33
Low
36.49 Feb.
35.13 Jan.
4
4
36.42
Feb.
—
—_
Feb.
10——
Range for 1949
35.20 Dec. 31
27.79 Jun.
15
COMMERCIAL
THE
(682)
34
&
CHRONICLE
FINANCIAL
Monday, February 13, 1950
Transactions at the New York Stock Exchange
Transactions at the New York Curb Exchange
Daily, Weekly and Yearly
Daily, Weekly and Yearly
Week Ended Feb. 10. 1950
3*turday
S
2,433,500
3,485,900
3,014,800
Total
Stocks
Government
Bond
(Number
Bonds
Sales
400,000
3,083,900
3.671,300
$1,000
Bonds (Par Value)
Foreign
Foreign
Domestic
Government
Corporate
182,475
$142,000
$30,000
$7,000
$179,000
329,935
127 000
51.000
1,000
179.000
171,000
250,000
of
Shares)
Week Ended Feb. 10,1950
$1,330,400
3140,500
496,500
308,600
435,700
373,500
41,189,900
3,173,800
,87.330
1 57,650
1,174,110
>0-0,630
1.87,120
Tuesday
Wednesday
Bonds
Bonds
ares
United States
Bank
Bonds
Foreign
and Miscel.
.23,240
—
Monday
Int'l
Railroad
locks
Number of
Saturday
Monday
3,292,500
2,869,200
—
.
.
Total
—
,
Friday.
60,000
19,000
290.820
02.000
32,000
17,000
141,000
Thursday
326,905
136.000
23.000
2,000
161,000
387,680
97.000
40,000
8,000
145,000
$765,000
$236,000
$54,000
$13,537,600
$1,000
$2,154,800
$16,381,800
L,b'38,080
Total
Tuesday
Wednesday
3,414,800
.
-
331,600
3,859,400
Friday
Thursday
Total
57,274,405
5,819,140
8,638,080
—
$90,200
$86,500
0. S. Government
Railroad
Total
$773,000
$5,457,000
$4,534,000
236,000
99,000
1,984,000
1,501,000
54,000
46,000
340,000
274,000
$1,055,000
100,000
352,000
15,018,400
11,702,750
Foreign
16,009,000
134,761,800
88,932,600
$918,000
$7,781,000
$6,309,000
Foreign corporate
$18,537,600
—
6,584,547
Domestic
15,000
2,284,600
$18,395,100
$149,996,400
$101,144,850
.
Industrial
&
11,366,868
Bonds
$157,500
$1,000
16,381,800
,«
1,518,860
shares
2,154.80
Bank
OTHER STOCK
government
-
— —
—
—
Total
EXCHANGES
RANGE FOR WEEK ENDED FEBRUARY
10
Week's
Sales
Last
Range
for Week
Sale Price
of Prices
Shares
Friday
Boston Stock
Exchange
Friday
Week's
Range
for Week
Sale Price
of Prices
Shares
Par
Agricultural Chemical
Sugar Refining,.
American
American
Tel
American
•
100
100
Tel...
&
50
100
100
Anaconda Copper
Bigeiow-Sanford Carpet 6% ptd
Boston & Albany RR
Edison
Boston
25
—
Boston Elevated
&
Boston
Calumet
76
10
Co
—
:
—
General
(N
Standard
Oil
(Ohio)
45% Jan
47%
Jan
Tiinken
Feb
Westinghouse Elec
14%
Jan
Jan
2
5
14%
39%
Feb
4%
Feb
19%
Jan
22
Jan
79
5%
Sillette
Safety
Kennecott
Razor
370
4%
385
4%
Jan
4%
Copper
Boston
Jan
29%
Jan
28%
240
14%
189
12%
Jan
14%
Feb
16%
171
16%
Feb
17
Jan
13
12%
13%
220
11%
Jan
13%
Feb
22%
27
22 %
21%
Jan
23%
Feb
25
68%
67%
69%
261
66
Jan
69%
Jan
—10
27%
26%
27%
215
25%
Jan
27%
Feb
Bearing
8
34%
25
34%
Feb
36
Jan
30
307
s
730
25%
Jan
30%
Feb
32%
32%
210
30 y®
Jan
33
Feb
347
-
30
•
(newt
—
—
254
Jan
78%
Jan
50
17
45c
Feb
45c
Feb
72%
45c
Jan
Jan
12%
Jan
xl2%
38c
100
38c
Feb
38c
62
38
50
115
61
Feb
64%
Members
Feb
61
37%
watling, Lerchen & Co.
Feb
38c
—
Mergenthaler
Feb
Haven
37%
552
50% Jan
55 %
Jan
60
15
Jan
15%
15%
100
14
Jan
16
Feb
Feb
77
53%
70%
Jan
77
Feb
47%
Jan
53%
Feb
52
Jan
55%
Jan
17
Jan
18%
Jan
17c
Jan
30c
Jan
Allen
—
55%
50
160
25
._
17%
17%
215
17c
25c
10%
Jan
12
Feb
92%
Feb
96%
Jan
American
9%
8%
9%
83
7%
Jan
Baldwin
17%
.50
2.50
Rexall Drug Co
Shawmut Assn
Inc
Drill
.5
United Fruit Co
& Mass Ry
29%
Jan
29%
82c
82c
300
82c
Jan
86c
1,140
20
17%
Jan
5%
Jan
6%
Jan
Jan
Chrysler
360
20% Jan
22%
Jan
Consolidated Paper
18
18
18
Jan
19
Jail
Consumers
10%
10
10%
Feb
11
Jan
Continental
34
34%
735
34
Feb
36%
Jan
Davidson
23
23%
570
23
Jan
25
Jan
Detroit & Cleveland Navigation
——.1
*
Power
14%
1,320
14%
Jan
15
Jan»
65%
397
64%
Jan
67%
Jan
20%
20%
166
20
Jan
20%
Feb
*
34%
34?®
588
33%
Jan
34%
Feb
6%
6%
190
6%
Jan
7
7
7%
906
6%
Jan
7%
Jan
7%
7%
700
7%
Feb
8%
Jan
23%
5,700
Jan
6%
100
common
—1
Motors
1
Bros common
7%
5
57%
60%
3,610
1,025
53%
Jan
60 %
Feb
Detroit
46%
43%
Feb
49 %
Jan
42%
95
37%
Jan
42%
Feb
Detroit-Michigan Stove
Detroit Steel Corp
Corp
10
118
14%
32%
118
13%
31 %
17
14%
33
115
Jan
118
Detroit
Jan
Ex-Cell-O
30%
1,244
Feb
14%
33%
Feb
Jan
Steel
Federal
Exchange
Shares
High
Street
Union
Insulation
Manufacturing -common
79
Jan
Howell. Electric Motors
100
14%
Jan
17V®
Jan
Hudson Motor »C«e
18
100
15%
Jan
18
34%
34%
95
33
Jan
347/®
Feb
31%
32%
369
30%
Jan
32%
Feb
King-Seeley
28%
28 y®
53
26%
Jan
28%
Feb
Kresge
5%
28%
19% Jan
20%
5%
77%
Feb
4%
Jan
11 %
11%
550
Jan
11%
Feb
—2%
12%
Jan
13
Feb
12%
12%
445
12%
Feb
14
Jan
—*
12%
1
:
^
-a*-.
3%
1
Lansing Stamping common-
Jan
Masco
Feb
McAleer
17%
17%
165
17%
Jan
19%
Jan
McClanahan Oil
44
44%
70
44
Jan
46%
Jan
Michigan
34%
35
35
33
Jan
35
Feb
Michigan Sugar common
24
24%
366
24
Feb
25%
Jan
Murray Corporation
46
46
19
46
Jan
46
Jan
National Electric Welding
2
Feb
4%
Jan
Jan
15%
Jan
5%
6 %
3,091
4%
Jan
6%
.
100
21%
Jan
22%
Jan
337
41%
Jan
42
Feb
2%
Feb
.25
700
1%
Jan
1%
Jan
200
3%
Jan
4%
Jan
1%
1%
1%
1,855
1%
Feb
1%
Jan
6%
6%
143
6%
Jan
6%
Jan
•
1%
1%
100
1%
Feb
120
15 %
Jan
1
Bumper
61
171
59%
Jan
61
Feb
National
15%
15
15%
Jan
16%
Jan
Packard Motor Car
18%
50
11%
Jan
18%
Feb
Park
87%
89% «
80
Jan
89%
Feb
Parke.
59
59%
56%
Feb
59%
Feb
Peninsular Metal Products
22%
22%
85
20% Jan
23%
Jan
Pfeiffer Brewing
13%
160
11%
Jan
14
Jan
Reo
36%
37
1,290
33%
Jan
38%
Jan
315
8%
Feb
8%
Jan
8%
8%
•8%
9%
10
80
97/®
Jan
10%
Jan
common
Rickel
(H
& Co.
W)
Paper common
Manufacturing l
;
114
146%
Jan
149 7 ®
Feb
29%
30%
397
26%
Jan
30%
Feb
Standard Tube class B
29
195
28%
Feb
30%
Jan
Superior Tool
70%
73%
210
67%
Jan
78%
Jan
33%
12%
128
31%
Jan
33%
Feb
12%
44%
77%
75%
•
__1
1
387
12%. Jan
13
Jan
United States Radiator
361
30%
Jan
34%
Feb
Walker
34% Jan
36%
Feb
Warner Aircraft
45%
1 75
41%
Jan
45 %
Feb
Wayne
78
574
68%
Jan:
78
Feb
Young Spring & Wire
&
Company
Screw
11%
A
7
common
-
_1
*
Jan
16%
Jan
3%
Jan
Jan
2%
Jan
4
Jan
2%
Jan
2%
Jan
1,103
35%
Jan
38%
Feb
2%
750
2%
Jan
2%
401®
525
37%
Jan
43
Jan
11%
100
11 %
Feb
11%
Feb
-
3% Feb
4%
Jan
Jan
2%
2%
790
2%
Jan
3
Jan
6%
320
6%
Feb
7%
Jan
2%
2%
900
2
Jan
2%
1,395
12 V®
12%
12%
21%
22
550
9%
"2%
9%
100
2%
9%
2%
216
2%
2%
12%
Feb
13
21
Jan
23
9
Y%
Feb
Jan
Jan
Jan
9%
Jan
Feb
3
Jan '
•-
2%
Feb
2%
Jan
370
14 %
Feb
16%
Jan
1,085
10%
Feb
11%
Jan
100
14'%
14%'
10%
10%
10%
Jan
5%
Feb
15%
15%
15%
100
15%
Feb
15%
Feb
85c
93c
835
85c
Feb
1.00
Feb
5
-1
common
Products
1%
Feb
6%
2%
1
common
class
37%
40
5
1
100
200
2%
1
common
& Die
38%!'' '
'
36%
...
—
34%
12%
33%
——
...
527
2%
2%
3
21%
10
Timken-Detroit Axle
Udylite Corp
33%
33%
1
2,930
4%
37
5
...
_
Sheller
149% 149%
71%
37
_2
River Raisin
3%
4%
1
Motors
Manufacturing
Soss Manufacturing Co
30
•
■
;
28%.
149%
,
3
1
Davis common
100
2%
1
237
Stamping
Chemical
16
3%
3%
*
13
——
.—5
16
...10
18%
——
—7
10
200
1%
3%
87%
—
Federated
2%
1%
3%
15 %
_
Dayton'Power
2%
1
•
Manufacturing common _____i
60%
♦
100
2%
"3%
,_l
Screw Products
18%
1,392
Feb
21%
42
4%
.
.10
3%
14%
3%
•
44J/2
—
42
451
1.127
1
—
.10
paee
3%
14%
21%
; 10
S%
Jan
Cities Service
see
Jan
42
1
common
(S
Co
Scotten-Dillon
...
6%
3%
5%
13%
Chesapeake & Ohio
Electric
5%
14%
12%
;
75
10
Motors
Feb 7
100
385
Jan
Stocks—
& Light
Dep't Stores
4%
70
13
Feb
American Airlines
—
o
5%
Feb
Rudy
Telegraph..
Jan
Jan
Jan
5%
*
1
Jan
Jan
12%
——-8
Armco Steel
22%
3%
73%
—.
American Telephone &
Jan
Jan
Jan
1,100
48
0
common
2%
44c
21%
2,858
544
_.-_1*
Western
400
Jan
Jan
3%
248
1
•
216
2%
77%
5%
•
——-—.
18%
30c
3%
13%
—
For footnotes
5
73%
0
B
150
1,625
6,800
76%
5%
—
—
22
13
Lunkenheimer
:
18% Feb
22
73 %
46
__ __
Jan
2%
40c
5%
——
____—
_
18%
2%
35c
73%
-10
preferred
Feb
12%
Kalser-Frazer
34%
...100
Hobart
Feb
60%
Jan
—
—
23
Jan
5
Houdaille-Hersbey common
19%
*
preferred
Feb
58%
10%
5%
.
17%
.1—10
General
common
17%
_»
Eagle Picher
23
100
18%
50
Yard
100
*
__25
Stock
Jan.
23
1
1
19%
10
Machine
Jan
23%
60%
1
8
Cine & Sub Bell Tel
General
Lamp
Hosklns
Low
High
Hall
Feb
7%
Feb
67/®
10
1.
Goebel Brewing
Range Since January 1
23%
Feb
22
22
23
1
—
A
20
•
Milling
Printing
Bank
Motors
100
1
nr—
Gerity-Michigan Corp
for Week
of Trices
General
22
Jan
60%
—1
common
Gar-Wood; industries
Sales
Range
Cincinnati Gas & Electric common.8%
Issued
Brewing
Brewing
22
3
5
Fruehauf Trailer
Week's
Low
Products
Mogul
Ale
6%
1
Corporation
Frankenmuth
23
20
Edison
13% Feb
390
Last
.
23
-1
—
Jan
14%
43 Va
42%
:•
12.50
Jan
65%
14%
58%
—_„_100
Co
Feb
Jan
.—25
10
Corp
44%
—
Brewing
Champion Paper
City Products
Columbia Gar
100
Jan
18
Baldwin
Unlisted
29%
21%
.10
American Laundry Mach
class
23%
...—
21%
Eurger
...
11
15
Par
Randall
Jan
16%
Sale Price
When
10
Briggs Manufacturing
Brown-McLaren Mfg common
Burroughs Adding Machine
Friday
Magna vox
418
245
—
STOCKS
Kroger
10%
17%
5%
Cincinnati Stock
Hatfield
10%
Jan
Friars
Formica
10%
70c
j
Cincinnati
...1
25
common
^
System Inc
Westinghouse Electric
Cincinnati
.—
Rubber
•
Machinery
Co
Waldorf
Cincinnati
15%
Jan
-
Jan
Jan
Jan
Jan
25
Jan
5%
13%
10%
:•
2%
470
16
common—u*
Jan
15%
34
1
Securities
—
2%
615
»
17
5%
—
100
6
14 7
—
•
...
2%
14%
29c
16
High
2 %
6
—2
Prod
8
Jan
Low
1
...
—
Metal
15%
__
—
Range Since January 1
High
6%
3,700
50c
...
——
Brewing
Shares
1
Electric
2,442
380
for Week
of Prices
Low
Par
12
94%
Sales
"Range
Sale Price
11%
92%
41c
Week's
Last
STOCKS
12
94%
41c
Exchange
Friday
Altes
2.50
Webster Inc—
3,300
WOodward 2-5525
Detroit Slock
54%
15%
77
52%
55 %
__
DETROIT
-
Feb
-100
Hartford—
&
Pennsylvania RR
Vermont
Jan
20
100
North Butte Mining.
Shoe
33%
15%
—
Exchange
Feb
543
Building
Fel?
52%
—
York Curb
Chicago Stock Exchange
Telephone:
15%
15%
1
Cos
New
Rubber
45%
367/«
—
New
Exchange
54
Jan
•
N
Twist
Feb
41
2,617
5
England Electric System
England Tel & Tel
Elec
Jan *
54
44%
_•
New
Suburban
66%
Ford
Feb
69%
69%
__
Stock
Detroit
Exchange
Jan
x36
69%
54 '
45%
37%
Stock
York
New
Jan
24%
39
7C
390
». 79
*
41%
Jan
3,425
36%
—
Feb
Jan
21%
24%
36
69%
54
44 V®
36%
100
National' Service
Stop & Shop
37%
23%
36%
100
Linotype
Torrlngton Co
—
23%
—25
Nash-Kelvlnator
Stone &
—
'•
...
Theatre
preferred
S.
27%
Jan
14%
J)
Jan
67%
*
Co......
Mathleson Chemical Corp
U.
Jan
Jan
76%
•
.....
Maine Central RR common
Rapid
17%
Jan
66
20
*
—•
1
Electric
Kahn
Jan
Jan
2
36%
425
•
Corp
Capital
General
S
Oil
Feb
Roller
16%
16 %
Brands
Standard
111%
Steel
20
17%
27%
*
Standard
Feb
Jan
8
Jan
14%
5
107
U
4%
16%
Co
120
220
838
12% xl27/8
—
100
100
preferred series A
preferred adjustment—
United
Jan
Jan
Oil
Jan
570
2
70%
__
10
Employers Group Assoc
First National Stores.
U
32
31%
28%
Jan
50
*
_*
...
Corp
Vacuum
Southern
Jan
3%
4%
.15
Oil
Radio
Socony
Feb
325
39
4%
45c
—
25
•
1st
union
Jan
115
2,146'
14%
4%
19%
75
4%
—
Eastern SS Lines Inc
Y
Jan
Jan
Pure
Jan
41
Mass Street Ry—
Eastern
Near
27%
45
149%
27%
27%
17 >8
17 %
50
Pennsylvania RR
Feb
34
4%
27%
*
Car
90
47
36%
20
100
RR
Hecla
Boston
5%
Jan
28%
185
2
37 %
4%
——5
Providence
&
Copper Range Co:—
Loew's
Feb
Jan
146%
446
14%
—
•
Service
59$
31 Va
46%
14%
100
160
Mining Co
6%
ill
46%
100
—
prior preferred
class A 1st pid stamped—
Boston Personal Prop Trust
East
30%
—
40%
38%
219
100
3,220
29% 297/a
118
120
110
111%
—
100
—
5%
Cities
43%
39%
149% 1497/®
120
High
Low
Motor
32
High
Jan
2
50
33%
•
Oil
Packard
Low
33%
27%
•
Range Since January 1
High
& Maine Railroad-
Common stamped
Cliff
149%
Ohio
Range Since January 1
Railway—
Stamped
Boston
7%
.
Ohio Edison
High
42%
387/®
_.
__
•
Woolen
American
Low
Low
Par
Sales
Last
STOCKS
1949
1,849,415
$705,000
Stocks—No. of
Foreign
$1,055,000
to Feb. 10
1950
1949
1950
27,930,914
Bund
International
Jan. 1
Week Ended Feb. 10
1949
1950
1949
1950
shares—
Stocks—No. of
1,849,415
......
Jan. 1 to Feb. 10
Week Ended Feb, 10
"l%
.
1%
SO
5
1%
31
200
1600
515
4%
1%
27
Jan
Jan
1%
31
Jan
Feb
Volume
171
Number 4881
THE
COMMERCIAL
OTHER
Week's
Last
Range
of Prices
Shares
Par
Mig
American
Airlines
American
Power
Amer
Radiator
&
St
San
—
American
Tel
American
Woolen
Anaconda
Copper
Armco
Steel
Armour &
Co
Co
(Un)
a55Vs
100
(Un)
(Un)
Bros
Co
Corp
Barnsdall Oil
Basin
Co
Home
Corp
(Un)
Mining
Steel
Corp
Airplane Company
Chlca
Oil
(Un)
California
Feb
Republic
Petroleum
14%
Jan
Republic
Feb
55%
Feb
Republic Steel
Reserve
Gas
Jan
149%
Feb
420
27%
Jan
32%
Jan
Rexall
28%
Jan
30%
Jan
Rheem
399
28'A
Jan
29
Jan
Rice
Ryan
12'/a
12 Va
375
Chollar
Gould
&
of
Vultee
Continental
Oil
Creameries
Zellerbach
•
i
Feb
56
Feb
Sears
11
Jan
13
Jan
Jan
Jan
1%
Jan
1,083
31%
Jan
34%
Jan
3c
Feb
3c
8 Va
Goodrich
(B F)
Company
1
Goodyear Tire & Rubber. Co
Graham-Paige Motors Corp
Holly
Development
Hudson
Motor Car
Foods,
Hupp
Co
Corp
Oil
of
Kansas
&
65%
4%
632
15%
200
17%
Magnavox: Company
23%
4%
Merchants
Montgomery
Mt
Diablo
Co
Ward
Oil
&
Co
30%
Jan
1.05
(Un).
Distillers Prod
New York Central RR
Nordon
Corporation
(Un)
North
American
Aviation
North
American
Co
North
American
Oils
(
Pacific
Northrop
<Un)
Edison
Oil
Pacific
Gas
&
redeemable
of
Calif
For
'12%
12%
Feb
13
1,897
113A
Jan
13
Feb
Jan
Oil
Company
Co
Oil
of
(Ind)
Co
class
Jan
Car
Co
(Un)
Airways Corp
footnotes
Inc
Texas
Company
Jan
Texas
30
Jan
Textron
26 V2
Jan
Tidewater
Gulf
(Un)
Sulphur
Assoc
Oil
13%
Transamerica
see
page
42.
Western
&
Coal
Co
.25
12%
Jan
14
Jan
Twentieth
382
29%
Jan
29%
Jan
Union
305
7%
Jan
7%
Jan
Union Oil Co of Calif
9%
1,940
9'A
Feb
Union
50
22'/«
Jan
22'/s
Jan
United
Aircraft
a74
36
72
Jan
74
Jan
United
Air
17%
7%. Jan
305
18
Feb
9%
Co
Jan
Jan
Jan
46c
Jan
10%
Jan
210
19%
Jan
20%
Feb
135
36%
Jan
36'A
Jan
9'A
Jan
of
Jan
61%
Jan
Jan
72
Jan
11%
Jan
24
17%
United
States
Steel
18%
850
15%
Jan
18%
Feb
Van
1,205
42'/a
Jan
44%
Feb
Warner
85
49'A
Jan
49
Jan
Western
Air
6
'%
Jan
78
Feb
Western
Union
16%
Jan
17
Jan
Westinghouse Elec Corp
23'A
Feb
West
78
3,4.75
17
345
23'A
210
280
a46%
22%
Feb
a
V2
a49
242
44%
Jan
2%
20U
1%
Jan
130
10%
11 Vs
l,o55
105
220
12
700
Bros
46%
Pictures
Lines
Kentucky
(F
Coal
W)
Co
8%
Jan
10%
9%
ll
Jan
65
24%
236
26Vs
<•
26%
Jan
Feb
25 Va
Jan
42%
Jan
44%
Jan
25%
"
2,943
a84% a85%
Jan
23%
472
Jan
27%
Jan
321
a—v
!
a26% a27'A
al7%
290
26%
Jan
27
%
Feb
al4% al4%
—
217
14%
Jan
15%
Jan
17%
Jan
al7%
al8
80
Jan
19
a20% a20%
50
22'A
Feb
23
a21'A
al9%a21%
134
21'A
Feb
21'A
Feb
a43%
a43 a43%
90
38%
Jan
41
Jan
6,40)
25%
Jan
30%
Feb
1
__
Co
10
41
*
_
(Un)
8
41
8%
a21%
160
12%
Jan
15%
560
14%
Feb
3%
1,150
8'A
41
Jan
8
42'A
13'A
Jan
Jan
16'A
Jan
9'A
Jan
Jan
52
21»A
Jan
22%
Jan
32'A
'765
30%
Jan
32%
Jan
a20a21%
a20%
10
550
a21%a22%
79
31%
4
(Un)
42
13'A
14%
12.50
(Un)
30%
13%
__
14%
•
;
(Un)
29%
30
Jan
49%
49%
49%
ft—
a__
a__
a__
,1
290
Jan
2'A
Jan
42%
Jan
10'A
Jan
11%
Jan
Feb
112'A
Jan
Feb
12'A
Jan
Feb
Jan
104
11%
1.55
14
9 Va
42'A Jan
1.85
Jan
10%
DAYTON & GERNON
Jan
15'A
Jan
Jan
2 V8
50
2'A
Jan
.120
35%
Jan
SO. LA SALLE
105
2'A Feb
38% Jan
a
200
10
(Un)
Co
9%
a43'Aa44%
__
1
Co
Jan
1
(Un)
com
Inc
Tel
Feb
19'A
24%
•
Inc
Jan
17'A
Jan
9%
a84%
Kamp's H D Bakeries
Woolworth
a—
42%
de
24%
Jan
16%
26'A
(Un)
Oil
Jan
14%
400
al2% a!2%
a44%
Corp
Consolidated
23
9,263
13%
•
10
1,250
17'A
17%
__
5
24
17'A
__
50
in
24%
->
25
Theatres
Feb
Jan
10
interest
,
12%
IIV4
(Un)_*
Corp
Certificates
Feb
Feb
60'A
(Un)
United States Rubber Co
Feb
69%
29 'A
1
71%
(Un)
44%
4c
4'Ac
4c
Feb
7'Ac
9%
"9%
462
9%
Jan
10%
1,700
2.10
Jan
2.30
13%
Jan
14%
Feb
29
CHICAGO
Jan
Central
3,
ILL.
6-078O
Jan
350
ST.
Telephone
Jan
2.30
14%
&28 Va a28 %
3,000
205
210
12c
12c
3,700
5%
5%
6 Va
28%
12%
17%
a
46%
18'A
1,278
106
360
Jan
a._
3,900
9%
12c
4%
16%
Members:
Jan
Midwest
Stock
Exchange
Chicago Board of Trade
MIDWESTERN LISTED AND UNLISTED SECURITIES
a__
Jan
13'A
Jan
Feb
12c
Feb
Jan
Jan
6 Vs
MINNEAPOLIS
MADISON
LaCROSSE
EAU
CLAIRE
Feb
17%
Jan
51
Jan
54%
Jan
45%
Jan
47'A
Feb
23
Jan
25'A
47'/«
1,237
25 Vs
25%
810
7'A
a7%
128
1.25
1.35
2.325
1.20
Jan
1.40
Jan
25%
26%
701
24 %
Jan
26%
Feb
7%
Jan
8
Midwest Stock Exchange
Feb
17'A
230
17 Va
Feb
18'/s
Jan
25%
26%
500
24%
Jan
26%
Feb
Abbott
18%
16%
19
2,550
11%
Jan
19
Feb
Acme
Shares
Steel
Co__
10
80c
700
72'Ac
Jan
80c
Jan
Admiral
1%
1.931
1%
Jan
2
Jan
Aetna
Ba,ll & Roller Bearing
Corp
1
65c
80c
1,900
65c
Feb
SOc
Jan
Akron
19 '/a
936
17%
Jan
19 'A
Feb
58%
58%
Manufacturing
Alleghany Corp (Un)
765
54'A
Jan
58%
Feb
Allied
Laboratories
Jan
1.75
Jan
American Airlines
18%
Jan
American
9>A
9'A
100
8%
Jan
•9'A
Feb
American
Rad
22%
282
22%
Feb
24%
Jan
American
Tel
12%
457
11%
Jan
13'A
Feb
Anaconda
12c
12c
3,200
11c
Jan
14c
High
125
51
Jan
54%
Jan
20%
21%
289
19%
Jan
21'A
Jan
24%
22%
25
6,100
17'A
Jan
25
Feb
7'A
7'A
850
6%
Jan
7%
Jan
3%
3'A
100
3
Jan
3'A
Jan
3%
_
12%
Low
53%
J
50c
•
I
(Un)
Investment
Range Since January 1
High
53
•
Brass
18%
22%
Low
8
30c
Jan
for Week
Par
Laboratories
1%
1.60
Sales
Range
el Trices
Friday
STOCKS
17%
1
Week's
Last
Sale Price
Jan
26'A
(111)
1
3%
150
3%
34%
31%
34%
3,800
26%
Jan
34'A
Feb
10'A
10
10%
2,030
9%
Jan
10%
Jan
21 Va
21%
300
21%
Feb
22'A
Jan
1
3%
Jan
4
Jan
Jan
&
&
Stand
Tel
Copper
12'A
11%
12'A
1,520
Feb
Armco
—
20%
20%
293
18%
Jan
20%
Feb
Armour
41
41
200
41
Feb
43'A
Jan
Asbestos
20
Feb
Atch
Feb
Athey
Feb
San
(Un)__*
Co
20
6%
7'A
815
28c
28c
2,000
1.55
1 45
1.70
719
12,500
10%
17%
6%
20c
1 47
Jan
Jan
Jan
Jan
Jan
12'A
7'A
35c
1.70
Steel
&
Co
(Un)
—
Co (111)
Mfg
Topeka
Co
&
Santa
Feb
Avco
a33% a34%
267.
31%
Jan
33%
Jan
a28
312
Fe
(Un)_
Jan
28%
Jan
Belden
22'A
22%
715
20%
Jan
33'A
32%
33 Va
1,301
32%
Feb
a29%
29%
80
29
a
29
165
62%
62%
100
53'/g
53 %
670
105'A 105'A
20
4%
9%
19 V»
4%
-
970
9%
1,000
19'A
704
.a...
28 Va
61 %
52
103%
Feb
Bendix
34%
Jan
Berghoff
a.--
Jan
Jan
29
63'A
Blnks
•
Brewing
Corp (Un)
Manufacturing Co__
Laughlin Inc—
_
Jan
Bliss
Jan
Feb
_
10%
Feb
Brown
Jan
Bruce
4%
Jan
Brach
(E J.)
Shoe
Co
tE
& Sons-.
Co
Li
29%
Jan
14%
146'A
Jan
149%
28%
Jan
31
13%
,
Jan
Feb
Jan
30%
829
Jan
30'A
9
9%
6.300
7%
Jan
9%
Jan
1%
1 Va
800
1 %
Jan
1%
Jan
107
27%
Feb
6
6%
37
— —
10
106%
5%
6
800
4%
Jan
6
Feb
2%
—-«
2%
250
1%
Jan
2'A
Jan
6%
7
Jan
6%
107
Jan
107
Feb
3,300
5%
Jan
37
37'A
450
33%
Jan
37%
Feb
13'A
13 %
1,400
11%
Jan
13%
Feb
Inc
common
*
39%
38 Vs
39%
1,135
35%
Jan
39%
5%
5%
6%
1.500
4%
Jan
6 'A
33%
33
33%
1,055
30%
Jan
34
Feb
12%
12%
12'A
650
12
Jan
12'A
Feb
1
_
Eorg (George W) Corp.
Borg-Warner Corp
20 '/•
1,500
•
Steel
54'A
Feb
1.025
2,500
29%
1
Corp
105'A
Jan
14%
29%
5
Feb
Jan
100
3
Jan
9
9%
10
Aviation
Bethlehem
Feb
4
18%
Corp
Mfg Co
22%
x29%
4
Bastian-Blessing Co
27%
22'A
10
3
a27%
10
29%
1
Products Corp..
Mfg
149%
50
(Un).
149% 149%
14%
100
8
Mining
Automatic Washer
19
20
7Vs
19%
Jan
26%
6,976
75
(Un)
Corp
(Un)
Inc
a34%
1
36%
61'A
5
com
Corp
Paramount
19%
13%
Feb
RR
Lines
United
Jan
Jan
9%
Carbon
Gas
Jan
1,100
Pacific
&
United
13
2,600
11%
2%
20%
36%
66%
2.330
,
90
Air
Century-Fox Film
Carbide
Jan
19%
37c
149
40c
Va
17%
177
13%
a35% a36%
r_
12%
554
_____
%
7
12 Vs
*
29%
20%
__
1
14
29
44 %
'
497
9
(Un)
Corporation
a27%
A..23
Jan
11%
__
5
2.20
—
42%
276
69%
Jan
61'A
Truax-Traer
a37 Vs a37%
%
Jan
all% all%
Jan
11%
12%
64%
a72% a72%
59'A
17
65c
Jan
10
Co
44
19 Vs
61
all%
Jan
8%
1%
Feb
2,015
a72%
55%
a
23%
•
226
a2'/a
37%
Jan
64%
I
50c
(Un)
common
Transcontinental
'A
53%
Feb
21
27'A
25
Co
Incorporated
Tri-Continental Corp (Un)
13%
Jan
33%
365
69'A
12'A
25
Jan
a
50%
240
23%
a44'A a44%
__
25
Feb
a31% a32%
1.25
a44'A
630
33'A "
63
63
1
Jan
23
1
Jan
104
•
(Un)
(Un)
(Un)
52%
33%
—
25
a57 Vb a581 a
25 Vs
52'A
433Va
25
(Un)
'1 Va
42%
*
Pictures
(Un)
(N J)
47/s
a79 '/a a80 Va
^*
10
common
•
12%
135
I
5
Jan
22%
25
preferred
dividend
Motor
22%
25
common
Indemnity Co
Pacific. Lighting Corp
American
Feb
35
•
Pacific
Pan
34%
Jan
Jan
76%
1
(Un)
Corp
Elec
5rir
Packard
Feb
34V2
25
25
Jan
560
1
Corp
preferred
Paramount
34%
7L9
8
5%
S4.50
312
35
preferred
A
6JA
1.65
1
Company
Finance
34%
34%
6%
class
Co
•4%
17%
(Un)_100
Co
Ohio
Pacific
34%
34%
preferred
Southern
10 %
1.65
10
Co
Ohio
Feb
28%
18%
10
Inc
Petroleum
Oil
Oceanic
Feb
32'A
400
17'A
Un)
Railway Co
Aircraft
Occidental
30'A
Jan
a49% a50 Vs
,
Northern
Jan
Jan
290
18% '18%
•
Cons
Jan
566
2,669
17%
1
Inc
Feb
26%
30'A
28%
a22 a23%
•
Limited
Jan
35%
Jan
29'A
4%
a 72%
1
t
Corp
15%
Jan
26%
6%
1
(Un>
Jan
34'A
558
12:%
3
Corp (Un)
National City Lines Inc..:
National
865
Jan
*
Inc
Mng & Dev Co
14'A
2,608
26%
4%
9'A
•
Nash-Kelvinator
115
35'A
29'A
Jan
Jan
7%
1
Utilities
,15%
6%
al3%
1
Petroleum
Middle South
15%
26%
__
'35'A
31%
177/s
'Jan
Jan
34%
11%
,
1
Co
Jan
22c
170
Jan
Jan
23 %
1
Company
Jan
17
Jan
23
20
(Un)
24
Jan
250
Studebaker Corporation
12%
27'A
•
„
Jan
16%
2b
com
Sunray Oil Corp common
4 V2 % preferred class B
Swift & Company (Un)
19'A
30'A
1
Co
Jan
22
1,331
32'A
Feb
Feb
90c
10c
Hotel
20c
1,939
16%
28%
Jan
Feb
a30% a30%
7
(Un).
Angeles Biltmore
50J
22%
16%
32'A
4%
17%
255
Corp
a22
22'A
16'A
1
25
17 Va
112 Va
929
Co
Aircraft
a20
;22'A
__lfl
(Un)
1
Jan
150
254
1
Petroleum
Inc
Jan
209
a
Mfg
4
15%
17%
a53 Vs a54'/«
Menasco
Jan
12%
al8Vs
Mascot Oil
Feb
17'A
a54'/s
Inc
15'A
100
5
Los
4
3,600
(Un)
Jan
644
28%
Standard
•
Lane-Wells Company
Libby McNeil & Libby
36'A
33%
32'A
Jlan
1.65
(Un)
Co
Feb
32%
28%
Jan
3
Loew's
Jan
'45% -Feb
330
1
Jan
32'A
32'A
•
25
6%
a..
750
•
Jan
6c
25
76%
17 >A
—7%
Jan
37'A
Jan
25
Gas
67%
15%
a28'A
73
Jan
6c
1.000
preferred
Jan
*
Jan
37'A
6c
preferred
California
69'A
9%
67
65
6c
4.88%
Jan
60
4'Ac
1,542
a35'A a35'A
__
4.56%
Jan
a70% a73 Vs
Kennecott
Lincoln
14 V«
23%
Standard Oil Co
10
896
69
preferred
Jan
10c
Light
Jan
Co
63 V«
10%
Copper Corp (Un)
County Land Co
1
Jan
43%
42
67
Jan
Feb
•
Co
Calif Edison Co Ltd
561
14%
:
51
Jan
41%
25c
preferred
65%
Kern
Lockheed
Jan
Feb
14%
30
33%c
Corp
Power
Jan
41%
•
10
(Un).
51
42
68'A
Feb
9
4.48%
Jan
a__
90c
•
Feb
84
a51%a51%
•
Calif
1.55
(Un)
21%
Standard
17%
_25c
Can
Jan
Feb
14%
Company
Kaiser-Frazer
12%
23'A
200
1.60
(Un)
Nickel
19
4%
4%
14 %
Corp
1,459
•
.100
International Paper Co (Un)
International Tel & Teleg Corp
Jade
100
1
(Un)
21'A
'
8%
Jan
20%
•
1
Petroleum
Iron
Jan
Aircraft
4.32%
Jan
20%
•
(Un)
6.66%
Imperial Development Co Ltd
Independent Exploration Co
International
110
12.50
Company
36'A
1
(Un)
Brands Inc
3.
;
36% *36%
33'A
Pacific
10%
6'A
42
Jan
Railway Company (Un)
•
Jan
32
Standard
a46%
Jan
Jan
5%
590
Southern
•;
Corporation
Interlake
7%
•
6'A
50
a__
—— —
1,220
1,612
12%
3
Inc
Illinois Central RR Co
Intercoast
Southern
Feb
2 Va
(Un)
(Un)
Hancock Oil Co of Calif A
Hilton Hotels Corp
Hunt
Feb
50
a
30
common..*
Great Northern Co preferred
ureyhound Corp (Un)
52'Ac
39'A
675
32%
Southern
•
Jan
1,441
32%
Feb
17
4.9c
40
5%
32'A
Jan
--
5
100
39
5'A
Jan
Jan
...25
Feb
8%
17%
10
(Un)
Co
21'A
Jan
Sinclair
Universal
Corp
Jan
30%
35%
9%
&
20'A
170
48 Vs
44%
100
50c
52o
Jan
•
Jan
21 Va
8'A
Jan
2
Jan
6%
8'A
15%
9%
Utll
Jan
4'A
•
13%
Feb
8'A
33
1
(Un)
26'A
Jan
5'A
1.75
Del
Oil
Corp
Socony-Vacuum Oil
Solar
45%
40c
Public
Jan
Feb
J
Corporation
Jan
11 Va
790
39
B
650
\
25%
"207
5%
50c
5
205
15%
5
911
12%
21 Vs
__
1
34%
a32%
26'A
12
5'A
__
5'A
•
17%
40c
Electric Co
Feb
4%
1
General Foods Corporation (Un)
General Motors Corp common
25%
34%
•
A
Jan
17%
50c
class
Feb
Jan
5'A
4%
1
Co
9'A
5'A
Jan
17%
13%
General
Feb
2bJ/s
15 %
45%
1
Gladding McBean
8%
Jan
5
.10
4
Garrett
Jan
1.510
15%
(Un)__5
Company Ltd A
Jan
Jan
4%
Signal Gil & Gas Co class A—Signal Petroleum Co of Calif
7'A
8
a34% a34%
a57Va
Feb
8'A
5'A
15
25%
2,200
90c
5
15
500
1
Trading Corp
50
110
13 7
Sierra
a
3,333
285
8
13%
a30%
Jan
'790
30
Feb
a22% a22%
^
12%
5
Co
2'Ac
a51
7%
38%
a
3,000
5%
Exeter
General
610
a50
a34%
Jan
Jan
33 Va
2%
2.9
5'A
Shell Oil Co
35%
60
1,614
&
Feb
4%
Security Company
Roebuck
Jan
27'A
5'A
Co
55
36%
'150
Co
of
445
a57 a58 %
1
(Un)
Co
2,860
8Va
1
-
Inc
Ltd
Oil
Jan
5,315
common
Finance
Seaboard
1%
a51
0
(Un)
Inc
Stores
Seaboard
Feb
20
56
Electrical Products Corp
Fitzsimmons
Jan
12 Vb
5
1
(Un)
Share
Feb
4%
17
1
Inc
&
475
•
(Un)
_
Oil
•
a26% a26%
23
Mng
Corporation
A
Bond
20
39 Va
8 Va
Publishing Company (Un)
•
Curtiss-Wright Corp common (Un)—*
Co
Jan
a9%
Curtis
Aircraft
3%
32%
•
Y
(Del)
Industries
8,400
3c
20
(Un)
N
Corp
Co
4%
1%
33
a71 Va
(Un)
Sav
America
of
Jan
a9%
•
i
Aircraft
Motors
Jan
10'A
38 Va
65%
com
Engineering Corp
Consolidated Liquidating Corp
Continental
11%
118
55
'
1
Consolidated
Consolidated
Feb
11'A
12.
10
(Un)
Corp
Edison
12%
107b
55
1
Commonwealth Edison Co
Consolidated
Jan
19%
19%
10
System
Solvents
11
Corp
33%
15
1
Aeronautical
Jan
230
330
27%
9'A
Co
Safeway Stores Inc
St Regis Paper Co (Un)
Schenley Industries (Un)
Richfield'Oil
27%
1
Jan
Jan
50'A
9'A
2.50
Jan
9%
Feb
14%
Co
7
25
...
Oil
Feb
48%
High
__
Manufacturing Co
Ranch
Jan
10%
462
49%
a34'A a35%
•
Inc
109
25
(Un)
&
17%
Jan
Low
14%
Co
Jan
2a
Gas
569
4
1
Colorado Fuel & Iron Corp
Preferred
Commercial
9
10%
•
common
(Un)
Corp
Clary Multiplier Corp
•
Oil
Drug
Jan
8'A
50c
Corp (Un)
Corp (Un)
•824
16»A
48%
27'A
1
Pictures
So
Company..
Cities Service Co
Electric
16%
Jan
Jan
,
cnrysler Corp
Class
Jan
13 3A
Jan
-
Corp
Products
Aircraft
Dresser
15 Va
865
32
876
1,170
1
250
14%
29%
49%
•
(Un)
1614
8
7%
Ry Co
(Un)
5%
a57 Va
—
Corp oi America
17'A
9% :10%
—
•
Radio-Keith-Orpheum Corp
107 Va
15
..
Packing
Certain-teed
Douglas
Jan
1
I)
Company (Un)—
Caterpillar Tractor Co (Un)
Crown
10%
106 %a 106%
5.
(J
Cons
Jan
146'A
13%
Co
Pacific
Columbia
9%
12%
_
Byron. Jackson
Cessna
125
20
Broadway Dept Store
Case
Jan
Radio
1,250
a
(Un).
Corp
Company (Un)
Borg-Warner Corp (Un)
Canadian
34
Co__l0c
Borden
Co
Jan
High
17%
17Va
•
31%
Range Since January 1
Low
25
(Un)
6%
•.
Mining
Co
-585
1,471
5
(Un)
Cons
Oil
33'a
a29% a30Va
,
PI
Diamond
Budd
Pure
29 V2
5
i
Co_
Corp
Mammoth
Blue
Jan
9
5
Appliances Inc
Cons
Bethlehem
Bolsa
4
6%
20c
Bendix
Boeing
Feb
30'A
a
10
common
(Un)
Aviation
Black
Jan
3%
I
Oil Co
Bendix
Benguet
3%
135
6%
3
Baldwin Locomotive Works
(Un)
13
Baltimore & Ohio Railroad Co (Un)_100
Barker
3%
149% 149%
a29%
Shares
33%c
Phelps Dodge Corp (Un)
Pullman Incorporated (Un)
55%
32
(111) (Un)
5
& Santa Fe Ry (Un)—100
Corp
(Un)
Jan
'
(Un)
for Week
50
3 Vs
154
29%
.
Co
(Un)
Petroleum
High
Pepsi-Cola Co
(Un)
60
a54% a557/8
149%
•
30
10
Mining
Manufacturing
Bandinl
Low
Co
a3
Company
Atch Topeka
Avco
Tel
Corp
Range Since January 1
RR
14%
14%
Sales
Range
of Prices
Par
Pennsylvania
16'A
(Un)„*
Smelting & Refining (Un)~*
Week's
Last
10% +10 %
•
Co
Friday
Sale Price
a3
1
1
(Un)
American
&
•
High
33 %
(Uni
Light
10
3%
Co__. _10
(lln)
Inc
&
Low
1
Co
FEBRUARY
STOCKS
.
Mining
Alleghany; Corp (Un)
Aiils-Chalmers
EXCHANGES
ENDED
for Week
Sale Price
Gold
WEEK
(683)
Sales
STOCKS
Juneau
FOR
CHRONICLE
Angeles Stock? Exchange
Friday
Alaska
FINANCIAL
STOCK
RANGE
Los
&
—2»/2
10
5
14'A
-
18'A
14%
165
12%
12%
700
12%
Feb
14
Jan
57%
58%
160
56%
Jan
59%
Jan
56
150
52
38
—
15
—2 Va
Feb
55
__
•
-
14%
Feb
39'A
265
38
18
18'A
2C0
17%
14
Feb
14%
Jan
Jan
56
Feb
40
Jan
Jan
19
"Jan
Feb
35
36
THE
(684i
&
COMMERCIAL
Monday, February 13, 1850
FINANCIAL CHRONICLE
OTHER STOCK EXCHANGES
RANGE FOR WEEK
Last
Range
Shares
Low
Par
Burd
Piston
Burkhart
Ring
(F»
common
Bros
Carr-Consol
Centlivre
16%
Jan
19%
Feb
Process
730
9%
Jan
11 %
Jan
Public
825
14%
Jan
15%
Feb
3%
3%
1,200
3%
Jan
3%
25%
25%
3%
50
24 %
Jan
25%
700
3%
Jan
3%
10
~3%
Corp.
5
__25
1
Chicago Towel Co common
preferred
$4.50
.
Inc
Foods
Clinton
Columbia
Co
Consumers
Jan
38%
Feb
2%
2%
Jan
20 Va
20%
100
19%
Jan
20%
Jan
Richman
17%
9%
100
15%
Jan
18%
Feb
St
28%
29%
2.900
14%
5,800
12%
Jan
8%
950
7%
Jan
45%
100
41%
Jan
13%
7%
65%
65
66%
1,600
69%
69%
72%
665
15%
15%
78
78
45%
45%
Manufacturing
>
Fox
15%
Jan
78
Jan
43%
Jan
46
Feb
Feb
(N
Oil
21%
Jan
Standard
Oil
12%
Jan
Standard
Steel
Jan
31%
Jan
Stewart-Warner
Jan
20
Jan
Stone
27%
Jan
Jan
Studebaker Corp
4,700
7%
Jan
9%
Feb
Sunbeam
7%
7%
300
7%
Jan
8%
Jan
~5%
600
15
59%
58%
59%
439
5
64%
62%
64%
1,807
61
30
4
3%
Jan
Feb
6%
34%
Jan
36%
3%
Jan
54%
Jan
59%
Jan
64%
29%
30%
Jan
(The)
•
82%
82%
92%
20%
1
75
29%
Jan
79%
Jan
Swift
&
Swift
Brewing common
TransportationCandy class A
—
92%
Jan
95
Jan
Transcontinental
12%
Feb
13
Jan
Jan
22
Jan
Union
5%
100
Corp common
Corp—
General Public Utilities
300
Corp
Inc
9%
10%
2,035
9Vi
Jan
10%, Jan
3%
500
3
Feb
without dtv
Co
Jan
9
10%
10
Jan
United
Jan
11
Jan
44%
45
1,837
45
Feb
63
67%
69%
1,169
66% Jan
69%
Feb
26%
27%
745
25Va
Jan
27%
Feb
19
19
100
18%
Jan
19%
Jan
14'%
14%
600
12% Jan
14%
Feb
Va
900
Jan
Jan
U
S
Steel
common
Dorn
Iron
60
46
Jan
485»
Feb
Van
50
14%
Jan
15
Jan
Westinghouso Electric Corp
45
7%
7%
77%
75%
78%
27%
29%
65%
Feb
White
7%
Jan
Wleboldt
73%
Feb
Jan
Jan
29%
Feb
47
Jan
65 5
Feb
9
Jan
10%
10%
2,450
12
12%
4,500
10% Jan
1,115
34
36%
37
11%
12'%
900
61%
975
100
6%
Jan
68%
Jan
Jan
12%
59% Jan
Jan
Jan
62
14%
2
5
13%
14%
970
11%
Feb
14%
Feb
29%
29%
29%
550
29% Jan
31 Va
Jan
16%
19%
Jan
300
Jan
18%
18%
49%
49%
140
49 V2
Jan
44
43%
44%
2,006
42%
Jan
14-%
14%
14%
100
13 Tb
Jan
1
7
1
3%
3%
3%
1,330
3%
Jan
41%
39%
41%
920
38%
Jan
>41%
Feb
20%
21
20%
Feb
23 %
Jan
29%
29%
30%
25%
Jan
•30%
Feb
13,500
6%
6%
100
6%
32%
32%
33
730
30 V2
15
15
50
15
16%
Jan
17%
Jan
Wisconsin
Jan
10%
Feb
Yates-American Machine capital
6%
350
•
14%
15
82%
82 %
11%
11%
5
10%
10%
*
*
77%
80
38%
Transit Authority 3%s—1978
93%
Bankshares
5
17%
16%
17%
1,050
Refrigerator Co__
Gillette Safety Razor—!
1
•
9%
9%
10
1,300
36%
38
600
33%
Jan
38
Feb
Youngstown Sheet 6c Tube
Glidden Co
•
27%
27%
28%
496
24%
Jan
28%
Feb
Zenith
•
14%
14%
750
14%
Jan
15
47%
48%
225
44%
Jan
48%
M)
12%
13%
600
11%
Jan
13%
Feb
Jan
2%
Jan
Jan
15%
Jan
Jan
4
,
7% .-Jan
Jan
.
14% Feb
33
Feb
16%
Jan
15
Jan
Feb
10
82%
Feb
82%
ll7,
1,600
11%
Jan
12%
Jan
13
1,400
10%
Feb
14%
Jan
775
73V2
Jan
80
Feb
38 Ta
200
33
Jan
38%
Feb
93%
$2,000
93%
Feb
93%
Feb
Jan
•
•
50 %
45%
•
•
Feb
common—
prior preferred
.
Jan
15
—*
•
Inc
Stores
Feb
Feb
37%
9% Jan
61%
8
12%
,
Jan
36%
11
2,400
<.Cumulative
Jan
16%
L—•
Co
Motor
8%
Jan
26 %
857
50
12%
Works
Jan
45
Jan
16
7%
4,000
61
29 %
8
16
10%
„
41%
1,900
8
16
12%
United Paramount Theatres com__
Jan
9%
5%
10%
10%
%
14%
10%
(Un)
15
44
27
Jan
10
Jan
5%
Jan
3%
44 %
42%
United Light 6c Rys
48%
45
3
•
(Un)
10
1
10
Motors
17%
"
48%
•
Jan
Air
Western
15
10%
Jan
& Carbon
Lines
Jan
Jan
16 Va
15 V2
208 South La Salle St Corp
20%
6c
Jan
Jan
•
35
Air
5%
5ho
(The).
Carbide
Feb
4%
4,600
25
5
910
5%,
5
Finance
Co
Trane
24%
Ltd—
300
50
1%
5
General Electric Co (Un)
Co
(The)
United
10
Amer
Co.
Feb
Jan
16%
deposit
Corp
Jan
Dredge
Auto
Thor
Co
of
Feb
14%
11%
International
Ctfs
Jan
30%
Jan
5
12%
100
150
44 %
Jan
17%
Tool
21%
9%
5
5
1
92%
10%
1,800
«
12%
22
600
23
41% Jan
1,500
14%
Jan
26 V2
2.197
30%
22%
•
20%
9%
43
1
25
Machine
Jan
90
10%
Jan
16 %
—
Jan
4
20
5
34%
16%
(Un)
12%
•
15
Jan
13%
1
5
Sunray Oil (Un)
Texas
2
Jan
70
31
Feb
5%
110
Co
29%
29%
x41%
1
——10
Corp
Sundstrand
Jan
800
35%
35
30
Jan
6%
Jan
32%
32%
10
Furniture
Storkline
6%
475
9%
10
5
1
(Un)
Nemours
Jan
7%
1,050
29%
46%
Jan
27%
16%
(Un)
Corp
%
Jan
4%
50
Xl6:%
Corp
Container
43%
1,300
25
com
Spring
250
6
27%
25
(Un)
J)
(Ohio)
Jan
5
Standard Oil of Indiana
Standard
Feb
6%
15
Standard Dredging
76
26%
Feb
17
Spiegel Inc
Jan
Jan
6
—*
1%
2
1
Jan
Jan
5%
5%
27%
1
Feb
23%
46
45 %
22%
Feb
Feb
9%
28
950
5%
5%
•
15
Jan
2,900
26%
27%
20%
Jan
Feb
5%
42
Jan
28
40
28
25%
26%
Feb
Feb
30
8%
655
28 %
87 %
Jan
12%
930
Jan
Jan
27%
15,500
9%
28
•
73 %
20%
5%
15
•
14%
Jan
86
28%
•
1,000
•
General
Jan
29%
_,
& Connell
General
78%
60
(Peter)
General
Feb
5,500
Mills of America Inc
General
69%
100
6%
27
30
•
Brand Clothes
Socony Vacuum Oil (Un)
South Bend Lathe Works
21%
6%
443
9 %
Society
17%
class A—
Drive
Jan
30%
Watch
Brewing Corp
Four-Wheeling
68%
17%
Dock Co
<fe
Jan
30%
i
28%
87%
14%
Corp
30%
National
Flour
Jan
115%
63
17
Jan
27%
Strapping
Steel
Oil
Jan
Electric Controller & Mfg
Fitz Simons
Slgnode
Sinclair
12%
Corp
Manufacturing
Falstaff
Feb
97
3,113
Dow Chemical Co
Elgin
Jan
Jan
4%
9%
Corp..
Prod
12%
Corp
Domestic Credit Corp
Corp
Shellmar
36%
8
Paper
Sears
Jan
29
Eddy
114
7%
Jan
14%
it Co
Roebuck
Feb
3312
9%
Eaton
Jan
Jan
4
Feb
Jan
8%
21 %
•
(Un
de
91
14%
46
530
6%
I)
Jan
36%
29%
(E
30%
6%
100
27%
com
Sangamo Electric Co
—Schenley Industries (Un;
36%
1
Pont
Feb
250
4%
27%
*
A
100
15%
25
Du
Jan
12%
—
Doehler-Jarvls
11%
7%
87%
x27%
1
Co
Bros
Louis Public Service
———25
Co
Dodge
10
115
115
Curtiss-Wright Corp (Uni
1
Detroit & Cleveland Navigation (Un)__5
Crane
Feb
28%
158
97
9%
'
X36%
(Un)
Republic Steel Corp
Rexall Drug
(Un)
12%
common
Continental Motors
Packing
Feb
11
Feb
11
4%
•
1
10
•
2%
(Un)
High
Low
100
11
6%
•
com
iUn)
America
of
Corp
•
(Uni
Edison
Commonwealth
15%
Jan
96
5
System
Gas
Jan
35%
50
45
1
_
Co Inc—
(The)
Coleman
14%
100
•
common
Illuminating
Electric
Radio-Keith -Orpheum
2,875
•
Iron
Cliffs
Radio
38%
25
Range Since January 1
High
11
„•
Pure
Feb
14%
2% Jan
Low
11
—
Jan
14%
1
Co
preferred
Cleveland
8%
•
•
•
*
2%
(Indi
Jan
4
Rath
10
—_
Service
Cleveland
14%
common
Chicago Mil St Paul & Pac vtc
Cities
28%
common
Corp
preferred
Oil Co
(Un)
2%
Chicago R I & Pac Ry common
Chrysler Corp
(Thei
Corp
Service
17%
9%
20%
1
(Un)
Cherry Burrell Corp
Chesapeake & Ohio (Uni
Convertible
3%
The)
1
3 % e,r
38%
14%
5
preferred
Products
Corp
Co
10%
Central 111 Secur Corp common-
Chicago
Potter
15%
Central & South West Corp
Convertible
Feb
33
10
400
Shares
2%
1
c
Circle Co
Perfect
15%
Central Illinois Light common—
Certain-teed
Jan
15%
common
Brewing
19%
Jan
29
8%
10%
Biscuit
iA Mi
19
Feb
19 %
(rJn)
Castle & Co
7%
750
33
for Week
\
25
-1
common
Pacific
Canadian
350
Rang©
of Prices
Par
High
Low
12'/a
10
Burton-Dixie Corp
Butler
7%
31
33
8
iUanutactunng
Range Since January I
High
7%
...I
Last
Sale Price
STOCKS
for Week
of Prices
Sales
Week's
Friday
Sales
Week's
Friday
Sale Price
STOCKS
ENDED FEBRUARY 1«
Jan
Gibson
(Un)
Goldblatt Bros
8
Radio
BONDS
Rubber Co
Goodyear Tire &
Gossard
Co
Hi
IW
—
Graham-Paige Motors
1
Great
Lakes
Dredge & Dock
Lakes Towing common—;
Great
Greif
Bros
Harbauer
Instrument
Co
Hibbard
Huttig
Spencer
&
10%
Feb
11%
Jan
550
14%
Jan
16
Jan
26
26
25
Jan
26
Jan
12
300
30%
850
26%
Jan
30%
Feb
18
18%
700
11%
Jan
19
Jan
8
8
30
24
24
300
22%
Jan
24
Jan
25
25%
450
21%
Jan
25%
Feb
7%
400
6%
Feb
7%
Jan
10
1
Bartlett
25%
6%
8
Feb
Feb
12 %
8%
41
550
39%
Feb
43
Jan
41
295
32
Jan
42
Jan
3
3
100
3
Jan
RR
Central
& Tel
Tel
American
Corporation
Arundel
Independent
Pneumatic
Indianapolis
Power
3%
Feb
Baldwin Locomotive Works
24%
24%
230
23
Jan
24%
Jan
Baltimore Transit Co common
11
12%
1,550
10%
Jan
12%
Jan
36%
126
34%
Jan
39
Jan
14%
15
850
14
Jan
15
Jan
100
Tool
Light
&
14%
•
31%
»
29%
31%
1,100
28%
Jan
Feb
31%
Steel
Interlake
%
Steamship
International
Harvester
*
International
Shoe
Co
•
Drug Co common
l
•
•
•
Katz
Kelley Island Lime & Transport—
Kellogg Switchboard common
Key
Company
Knapp Monarch Co
Laclede Gas Light
Lamson &
Leath
&
Co
McKee
(Arthur G)
Metropolitan
Middle
West
Miller
&
6 V
Budd
(Uni
RR
Car
Illinois
(Un)
27%
Northwest
Nur.n
Oak
Mfg
Shoe
39
Feb
Jan
16%
Jan
40
Feb
Jan
8
Jan
200
19%
Jan
20% Jan
45
50
45
Feb
54
Jan
51%
90
51%
Feb
51%
Feb
26%
27-%
2,000
30
24%
6%
23%
Jan
53
11
2%
24%
30
Jan
100
6
Jan
250
6%.
9%
Jar.
119
*2%
Jan
150
23
Jan
27%
Feb
31
Jan
6%
Jan
Feb
11
2%
25%
Jan
Jan
6%
6%
14%
14%
50
12%
Jan
14%
18%
18%
150
17%
Jan
18%
Feb
29%
29 7 b
150
28%
Jan
29%
Feb
58 %
58%
354
54%
Jan
58%
Feb
x21% x21%
50
x21%
Feb
x21%
Feb
11%
65C
HVa
Feb
29%
X21%
11%
17 Va
11%
1,000
6
Jan
7
Ontario
11%
Feb
17%
17%
1,871
16%
Jan
18%
Car
650
24%
Jan
27 Va
12%
12
12%
915
11%
Jan
13 %
25
25
300
24%
Jan
26
Peabody Coal Co
21%
1.010
18%
Jan
21 %
8%
8%
100
8%
Feb
8%
27 Va
28%
2,450
25 %
Jan
28%
12%
14%
Jan
15%
Jan
12
12 %
912
11%
Jan
12%
Feb
2%
195
2
Jan
2%
Jan
15
121%
Feb
121%
394
12%
Jan
14
Jan
68 Va
Jan
2%
14
13%
14
16
70
16
Jan
12
13
9,000
12%
10%
16
General
64%
66%
1,087
62%
Jan
7%
7%
244
7 Va
Jan
8
Jan
Jan
24
Jan
22%
22%
23
372
21%
231
22%
23%
534
21%
Jan
23 %
Feb
39%
Jan
41%
Jan
68 Va
Jan
78%
Feb
15
a
39%
39%
40%
290
77%
Corp.
Motors
75%
73%
4,810
15 1
15%
15%
85
8%
775
11%
100
1%
2,488
%
10
-
5
Brothers
Gimbel
& Navigation.
(Glenn L)
Martin
Power
National
Pennroad
&
25
100
div
preference common
preference
div
Sun
Oil
Gas
Jan
13
32
Jan
34%
27
Jan
28%
14
4%
(Un)_2%
9%
4%
9%
10
4%
l.pno
10%
490
___25
Pepsi-Cola Co (Un)„
19
19%
255
l
23
24
page 42.
6%
6=8
7
16% Xl7
5
33%c
Feb
Va Jan
%
Jan
Jan
11%
2,207
10%
Jan
11V*
3,324
21%
Jan
24 V»
17%
4,056
16 V4
Jan
18
Jan
372
42%
Jan
45%
Feb
242
36
Jan
39%
Feb
44%
44%
45%
38
37
38
25%
25
25%
6,360
23%
Jan
25%
Jan
Feb
25
25 %
343
24%
Jan
25%
Jan
38%
35%
39%
815
32%
Jan
39%
Feb
24%
24%
26%
2.423
24 Va
Feb
26%
Feb
28%
28 7
30%
501
28%
Jan
30 %
Jan
b
Feb
21%
22
361
20%
Jan
66%
66 V«
67%
372
66 y8
Feb
*70%
Jan
56%
common.
21%
22%
58%
173
55% Jan
60%
Jan
3%
3%
1,899
3%
4
Jan
26 %
30
3%
27%
27%
933
32
32%
14
110% 111%
$3,300
27%
Improvement
Coal
Jan
Jan
273s
Feb
Jan
32%
Feb
BONDS
American
2%s
Telephone & Telegraph—
convertible debentures
2%s convertible debentures
Baltimore
111% Feb
108%
Jan
900
107%
Jan
43
43 %
4,000
41 Va
Jan
45
Jan
47
47
1,000
44%
Jan
49
Jan
1975
A
109% Jan
108% 108%
:__1975
Transit Co 4s
5s series
1957
1961
Pittsburgh Stock Exchange
Friday
Week's
Sales
Last
STOCKS
Range
for Week
of Prices
Shares
Sale Price
Jan
14
•
50
1%
24%
commoi
Feb
905
100
Feb
17
Feb
2,000
;
Jan
1
10%
Corp
United
11%
23%
Co
United
Jan
10%
.50
Reading Co
Scott Paper
Jan
10
17%
•
Service El tc Gas common
$1.40
Jan
8%
23%
3
Corp
Public
16%
50
10
•
•
•
Pennsylvania Salt Mfg common..
Pennsylvania Water & Power Co
Philadelphia Electric common
$1
Jan
7% Jan
•
Corp
Pennsylvania Power & Light
Pennsylvania RR
Philco
10%
1
_*
—1
Light
8
11 Va
1
Maryland & Pennsylvania RR
8
8
—10
Coal
Lehigh
Jan
34''4
& Coke
Feb
7%
Jan
16
28%
common
894
—
13%
A
Feb
27 %
33%
(Un)
see
Power
Feb
8 "4
25
For footnotes,
15%
65%
Corp
Jan
20%
—
27%
Co
Pennsylvania RR
Peoples Gas Light
Feb
14%
Jan
25
34 "4
prior preferred
Pictures
15%
Feb
27%
(Un)
American World Airways
149% 149 %
149%
Jan
27 %
Manufacturing Co
Motor
32%
Jan
*
1
Light com
Electric Storage Battery-
Delaware
Feb
___•
_
Packard
Jan
Jan
26%
2%
(Un)
Chemical
Westmoreland
•
Co
Pen
14
70
7%
8
Edison
Parker
350
Feb
20
2%
1
Oil Co
Paramount
Jar.
Jan
*
common
Co
Ohio
5%
Jan
7
7%
10%
10
—
Ohio
Pan
Jan
10%
700
6%
20
Bancorporation
Bush
Jan
7%
6%
300
40
30
•
Co
Corp
7%
11%
700
51%
5
Co
Northern
Feb
45
lo
Central
2%
1,600
16%
7%
•
A—
National Standard
American
Jan
67b
16%
50c
American
2.%
7%
6%
11
1
Muter Co
North
6%
1,000
29%
146%
2%
Chrysler Corp
Davison
Feb
259
2.457
121% 121%
149%
50
*
Company
High
Low
32%
31%
•
preferred
participating
Range Since January*!
High
Jan
11%
7
6%
-
North
Jan
1
class
Corp
5%
2%
7
Muskegon
York
200
6
2%
*
New
Jan
6
Manufacturing common
Montgomery Ward & Co
Nash-Kelvinator
12%
100
10
Modine
Spec
Jan
12
•
$1 prior preferred
Minneapolis Brewing Co
Mot
9%
13%
1
Hart vtc common
13%
Jan
11%
•
Midwest Piping & Supply
12%
Jan
11%
4
Product—.
Feb
13%
•
Corp
Jan
15%
750
5
Mickelberry's Food
10
Jan
12%
■
class B
Feb
900
20
Brick
8%
13%
500
40
Co
&
Jan
9%
100
Field
Jan
46%
15%
Lincoln
Marshall
28%
Feb
8%
7
Preferred
Jan
41
15%
_•
Printing Co common
Lindsay Light & Chemical
26%
751
5
Libby
&
Jan
Jan
2,600
10
common
McNeil
39%
33
45%
Cumulative preferred
Libby
Jan
Jan
28%
4
(Un)
38%
32%
41
33?'ac
Sessions Co
33
27%
28%
1
Kropp Forge Co common
La Salle Extension University
39%
33
362
2,300
38%
—
Shares
Securities Corp—
Bankers
Curtis Publishing Co.
Inland
for Week
Low
*
100
•
13
American Stores
36%
10
Range
of Prices
Par
12
5
common
Co
Sales
Last
24%
Brick
Week's
Friday
Sale Price
STOCKS
Jan
40
5
Preferred
Illinois
6%
11%
39%
40
25
—
Door common
Philadelphia-Baltimore Stock Exchange
Jan
11%
29%
29%
3
Hydraulic Press Brick
Illinois
92
1%
0
—
Corp
Sash
550
15%
1
_
Werner
10%
15
•
2
Co
Harni6chfeger Corp
Hcillman (G)
Brewing Co
Hein
2%
10%
100
Cooperage class A
Western Brewery
Griesedieck
Hammond
2%
•
•
(Un)
Gray Drug Stores
100
Chicago
17%
135
10%
17
17%'
131% 135
9%
10%
14
Feb
4
Jan
9
14
Feb
4%
Jan
Allegheny Ludlum Steel
American Electric Securities—
200
2,190
Jan
10 %
Jan
18%
Jan
21%
Jan
Feb
26%
Jan
Columbia Gas System
7
Feb
Continental
Duquesne Brewing —
Follansbee Steel Corp
6
Jan
16
Jan
17%
Feb
16%
Jan
177/8
Jan
813
127%
Jan
4,100
8%
Jan
135
10%
Corp partic preferred
Co
Pitt
Feb
Fort
Feb
Harbison
Commercial
•
1
Blaw-Knox
23
475
Low
Par
—
Corp
*
•
5
24%
Low
24%
134
21 Va
Jan
January 1
High
25
2 %
2'a
2,700
1% Jar.
2%
14%
14%
110
14%
Jan
15%
14%
12%
347
Jan
12%
12 Va
12 Vb
300
2%
Jan
3
1
10
Brewing
1
Walker Refractories com—•
—
24%
Range Since
High
12 Va
3
564
14%
13%
14%
12%
12'%
12%
93
16%
17%
289
22%
23
150
11% Jan
3
Jan
Jan
Jan
Jan
Feb
14%
Feb
Jan
12
Jan
13
11%
Jan
17%
Feb
23
Feb
20% Jan
yolume 171
THE
Number 4881
COMMERCIAL
&
FINANCIAL
CHRONICLE
(685)
OTHER STOCK EXCHANGES
RANGE
Week's
Range
for Week
of 1 'rices
Shares
Friday
STOCKS
Par
Joy Manufacturing Co
National
24%
24%
25
20%
20
5
5%
9%
_
Corp
Brewing Co—
New
common
Old
$3.50
Rennar
Bolt
24 Va
Feb
26%
Jan
Kaiser-Frazer Corp
100
8%
Jan
9%
Feb
Kansas
Power
704
19%
Jan
22%
Jan
OVa
1,530
4%
Jan
6%
Feb
Kern
McNeill
Land
2
Jan
Jan
Libby
50
Jan
68
Feb
Lockheed Aircraft
36%
35%
36%
143
35%
7%
20
'
-
Glass
_
-
_
1
-
Westinghouse Air
common
Jan
8
Feb
75c
Jan
Feb
Inc (Un)
Macy & Co (R H)
Magnavox Co
9c
Jan
11c
Jan
Marchant Calculating
Jan
19%
Jan
Marine
112
6
Jan
6%
Feb
6%
352
5%
Jan
6%
Jan
27 Va
27 Va
27%
703
25 Va
Jan
27%
Feb
Menasco
32%
223
Jan
Mindanao Mother
30%
Jan
33 Va
M J &
Mlg
Week's
Range
Sale Price
of Prices
Shares
Pur
Abbott Laboratories
common
Low
5
Range Since January 1
Low
High
a53 a53%
High
130
52% Jan
52%
Jan
25
Air
Keaucuon
Cc
(Un)
Alleghany Corp (Un)
•
23%
23 Va
450
23 y.
Jan
l
u3%
a3%
25
3%
Jan
American
1
10%
10%
735
Airlines
American &
Inc
(Un)
Foreign Power
(Un)
•
American Smelting & Refining
American Tel & Tel Co (Un)
American
Viscose
Corp
Woolen
Anaconda
Co
Armour &
Co
(111)
3%
Jan
Jan
16%
Feb
14%
14%
700
13%
Jan
14%
Feb
Oahu
160
56
Jan
56
Jan
Oceanic
149% 149%
1,771
146%
Jan
149%
Jan
Ohio
Edison
a71% a71%
149%
50
69%
Jan
Ohio
Oil
•
32
Sugar
31 Va
Jan
Olaa
29%
29%
674
29
Jan
30%
Jan
Oliver
36%
38%
1,329
34
Jan
38%
Feb
5
(Un)_100
Imp Diesel Engine
Atok Big Wedge Mining Co
Avco Mlg Corp common (Un)
2%
Baldwin
Benuix
Aviation
Bunker
12%
550
11%
Jan
12%
4%
450
4%
Feb
4%
12
300
11%
Feb
12
104
35%
Jan
37%
2 %
Jan
1%
•
l
Corp
(Un)
Sullivan
Canadian
Case
Celanese
Central
&
Chic
Co
Ry
Corp
Ohio
&
Milw
St
Ry
Paul
Service
Clorox
RR
System
34 %
a34%
1.70
of
First
(E
15%
104
50
34%
35
a33% a34%
1.70
Jan
34
334
33
34%
Jan
General
103%
*
5
11 %
•
30%
„15
10
Co
7%
3
e4
(Un)—10
a47%
10%
5
19
(Un)
2%
•
(Un)
Jan
43%
Jan
1,869
10%
Jan
12%
Feb
153
1,950
103 % 103%
98
Co
,——25
common
a7%
12
Jan
Jan*
102% Jan
18%
5,422
11%
Feb
Jan
115
Feb
32%
Feb
104%
Jan
18 Va
Feb
7% Jan
7%
427
Jan
Jan
14
8
9%
3
(Un)__•
•
1st
Pineapple Co Ltd
class B
Co
5r!o
red
Pacific
1st
Honolulu
Oil
Jan
11% Jan
12
Pacific
Portland
Public
1st
Tel
&
Pan
Honolulu
Co
Equip
Preferred
S
San
series
Soundview
com
Southern Calif
ohk»*
42.
1.65
1.45
1.70
2,025
34
34
354
a28 % a28%
1,053
61%
Jan
Cumulative
Cal
64
Feb
47%
Jan
Spiegel
10%
Feb
12
Jan
Standard
19
19
210
18%
Jan
19%
Jan
39%
40
1,325
140
27
Jan
Jan
Feb
Feb
28%
Jan
130
2.50
Feb
2.65
Feb
11%
Jan
13 V*
Jan
4%
4%
140
3%
Jan
4%
Feb
9%
9%
220
8%
Jan
9%
Feb
4%
4%
600
4%
Jan
4%
Jan
a22% a22%
100
Jan
21%
4%
21
Jan
33%
33
33%
8,162
32%
Feb
34%
Jan
36%
36%
36%
2,834
35
Jan
36%
Feb
a32% a32%
31%
5
Feb'
Jan
32%
29%
Jan
30%
Feb
470
28
Jan
29
Feb
28%
28%
1,153
28
Jan'
28%
Feb;
52%
52%
802
52%
Feb
2
103%
Jan
29
al05%al05%
15%
15%
700
15
54% Jan
104% Jan
Jan
16
Jan
15%
16
204
15%
Jan
16
25
25%
496
24%
Jan
25%
Feb
104 104 %
76
101
Jan
104%
Jan
144
•
17
144
Feb
145
Jan
KG
a—
25
144
a38% a40%
—•
Jan
a—
4%
4%
1.220
3%
Jan
(Un)__1
9%
9%
10'/8
835
9%
Jan
4% Jan
10% Jan
•
16%
16 Va
18%
9,099
16%
Feb
21
19%
19%
150
18%
Feb
19%
Feb
17% al7 %
209
17
Jan
17%
Jan
Jan
9%
Feb
Jan
50%
Jan
Jan
61
Jan
1
60
]
al7%
a
10
10%
a48% a49%
a60% a61%
1,745
8 %
186
48%
98
58 Va
5%
5%
600
15%
5
Jan
Jan
Jan
5%
Feb
16%
Jan
15%
440
15
•
(Un)
*„
a34% a34%
25
a__
a27%
a27% a27%
50
27%
Jan
29%
•
„
14%
5,116
12%
Jan
15
Feb
(Un>
Realty
Co
14%
15
a—
Jan
1
Ltd
com
9%
9%
100
8%
Jan
15
Feb
•
13%
13%
100
12%
Jan
13%
Feb
73
74
100
a31%
70
Jan
74
Feb
65
24%
jan
25%
Jan
435
30%
Jan
31%
Jan
5%
5%
„•
25%
26%
728
23%
Jan
26% Feb
10
:i.
—:
70
a25 a26%
a30% a31 %
1
39
39
640
38%
Jan
39
Jan
—
200
5%
5% Jan
Jan
1
21%
21 %
945
19%
Jan
21%
Feb
•
40
40%
253
39%
Jan
42%
Jan
(Un)—•
32%
32%
170
30%
Jan
33%
1
28%
28%
110
28
Jan
29% Jan
10
12%
13
558
11%
Jan
13
34%
35%
951
29%
Jan
35%
Feb
9c
35,704
8c
Jan
9c
Jan
a43
354
42%
Feb
433i
Jan
Co
class
A
5
P10
8c
9c
•
a41%
a35% a35%
16%
com
(Un)—•
35
Jan
37%
Jan
33
570
32
Feb
36 %
Jan
23
1,044
22%
Jan
24
Jan
16%
320
16%
Jan
17
31%
1,250
29%
Jan
31%
Feb
34%
35 %
1,411
34 %
Jan
35%
Feb
27%
35%
16%
30%
5
Co
20
32
22%
IB
(Un)
Jan
Feb
22%
*
•
(Un)
Co
27%
240
20%
Feb
27
Va Feb
Jan
30
30
276
29%
Jan
30
Feb
31%
31%
100
31%
Jan
31%
Feb
25
34%
34%
35%
320
33%
Jan
35%
Feb
5
12%
12%
13
2,665
11%
Jan
13
Feb
Co
•
52%
51 Va
52%
1,145
50%
Jan
52%
Feb
G)
common———1
12% al2%
25
27%
Jan
4.56%
preferred
Gas
Co
—j
25
pfd seies A
„
(A
1.70
34
v
821
.—10
Airways
Sperry Corp
47% Jan
50
Jan
Jan
12
preferred
25
Convertible preferred 4.48% _——25
221
1.40
32
11%
2.65
cumulative
Spalding Inc
—»
a
—_
1
27%
26'2
Jan
—2
10%
10 Vh
215
9%
Jan
10%
Brands Inc
(Un)
•
23
23%
407
21%
Jan
23 %
Feb
Standard
Oil
Calif
•
63
64%
3,874
G1
Jan
641a
Feb
Oil
Inc
common
;
of
Co
42%
Jan
Standard
1%
Jan
Standard Oil Co of N J (Un)
29%
Jan
Studebaker Corp
(Ind)
Co
100
Jan
6
Feb
Superior Portland Cement com
1,375
41%
Jan
45
Feb
Swift
49%
189
49%
Jan
49%
Feb
71%
Jan
78
78
3,188
Feb
12
12%
816
11%
Jan
14%
Jan
Transamerica
16%
120
16%
Feb
19
Jan
Union
Carbide
17 %
215
16%
Jan
18%
Jan
Union
Oil
Jan
44%
Feb
66 %
Jan
69%
Jan
3,906
262
Jan
29%
Feb
3C0
36 V.
Feb
36%
Feb
346
59%
Jan
60%
Jan
a20
a20
2
36%
36%
36%
a61% a61%
37%
125
37%
Feb
37%
Feb
Union
Sugar
22 %
23
579
22 V*
Feb
23
Jan
United Aircraft Corp
12%
Jan
14%
Jan
united
Air
67
Jan
69%
Jan
United
Corp of Del
United
Paramount
25
&Gl%
a
a—
—
Carbon
Calif
(Un)
Va Jan
common
24
4,615
23
Jan
2
com
Corp
of
42%
554
29%
27%
25
Texas Company (Un)
Tide Water Associated Oil
Co
207
Feb
a67 a69%
a68
29%
(Un)—*
(Un)—
&
44%
180
1
45
Co
44%
25
6%
&
63%
27%
—25
(Un>„
44%
17%
17%
17%
18.651
14%
Jan
17%
Feb
•
43%
43%
44%
746
43%
Jan
45
Jan
25
2G
26
26%
3,411
26
Jan
27%
Jan
10
23%
24
24
—12%
14%
14%
100
13%
Jan
14Va
Feb
5
(Un)
26%
26%
333
25%
Jan
27%
Jan
14%
15
551
13%
Jan
15%
Jan
3%
3%
235
3%
Jan
3%
Jan
a20% a20%
20
-
14
678
69
145
90
a-47 a48%
138
44% Jan
■48
43
43%
43%
415
11%
1,260
16
16%
286
18%
a
a—
Feb
Feb
U
11%
Jan
Universal
16%
Feb
Utah-Idaho Sugar Co com
19%
Jan
Victor
3%
200
52
52%
1,083
2.15
2.15
13
14%
717
10 %
320
a2
25
C
G
15
1.90
2.00
1,800
9%
9%
9%
200
28%
28%
285
•
11%
12 %
645
33c
33C
100
Certificates of interest—
l.GO Feb
3%
49
2.15
Feb
Jan
Jan
S
Steel Corp
Warner
Wells Fargo Bank &
3%
Feb
Westates
Jan
Bros
Petroleum
Preferred
(Un)—
U T
(Un)
Jan
15%
Jan
Western Air Lines Inc
9% Jan
10%
Jan
Western
2%
Jan
Western
5%
Jan
Jan
1.90 Jan
9%
33c
Jan
Jan
10%
Jan
Dept
—
RRlcommon
Preferred
Western
(Un)
Stores
-
—
Union Telegraph
Jan
(Un)
Westinghouse Elec Corp 'Un)
Willys-Overland Motors (Un)
Jan
13%
Jan
Wool worth
Feb
35c
Jan
Yoscmite
Jan
28% Jan
9%
6
2.05
Sugar common
Pacific
29
(F
Port
W'l
29%
41
41
115
2.70
2.70
900
7%
7%
1,315
7%
5
14%
14%
284
(Un)
Cement pfd—
31
280
(Un)—1
1
1
Jan
26%
Jan
31
41
Feb
42
2.70
7%
Feb
Jan
Jan
7%
Feb
Va
3%
Feb
Jan
15
482
14%
Feb
16
Jan
15
275%
Jan
284
Feb
1.00
1.05
3,488
90c
Jan
1.15
Feb
5%
6
1,319
Jan
6%
Jan
&23% a23 %
50
1.00
a—
—
a
8%
8%
1,115
8
Jan
18
857
17
Jan
18
Jan
32% a33%
160
30%
Jan
31 %
Jan
17%
a33%
a
p.21%
32%
a21% a21%
a68%
100
5%
17%
8%
50o
—•
•
12%
—1
8,309
23% Jan
23
284
—1
West
2
5
100
common
Jan
Indies
30
2.70
10
(Un)
i
Pictures
2.15
14
•
Oil
Equipment Co
Feb
Jan
53
-1
common
Consolidated
1.70
225
14'2
1
(Un)
Theatres—
Jan
3%
10%
—It
Inc
10% Jan
Feb
a2%
Feb
Lines
15
Feb
•
Co
Jan
307
(Un)
com
Edison
Feb
1.90
(Un)„
Jan
11
If
7%
%
18%
)O0
Inc
Jan
6
180
370
•
Mining
6%
Feb
20
Feb
•
Pulp
1,162
Jan
11%
100
Socony-Vacuum Oil
10%
13%
29
common
Corp
10%
Jan
20
(Un)„10
com
Co
Oil
a47 Vh a48 %
Jan
1.30
11%
♦
Signal Oil & Gas Co A
4.32 fo
11%
Feb
30%
common
Stores
1,840
Jan
al2% al2%
•
common
Oil
Jan
1.25
28%
A
Roebuck & Co
Sinclair
10%
2.65
common
Corp
Cement Co
Maurico
Shell
Jan
150
200
30%
common
W Fine Foods Inc
Sears
1.30
11%
25
7%
% Jan
10% al0%
25
1
7
39 Va
a
11%
29
—
Pacific
29
10%
—25
Oil
Safeway
7%
25
Manufacturing
Bros
Jan
25
common
—
Roos
Jan
7%
16
1.30
_5
Republic Steel Corp (Un)
Reynolds Tobacco class B (Un)
Riverside
Feb
24%
a7%
5
Cement
Incorp
Richfield
9%
Jan
20
,
Preferred
Rhcem
Jan
22
•
B
:
&
Southern
115
a
_1
(Un)
Keith Orpheum
Rayonier
Jan
8%
1,063
a7%
a7%
•
Radio
Railway
16%
350
23
6
America
Jan
*1
(Un)__
Tel-& Tel
Jan
940
9%
20
of
59 Ve
Jan
18
15
18%
—20
class
Com
58 Va
33%e
(Un)
17%
9%
22%
Jan
Radio
567
P2
Maryland Mines Corp
Exploration
Independent
17%
9%
(Un)
59
%
17%
(Un)
Co
14%
Jan
Feb
Pure Oil Co
Southern
225
10%
Feb
18%
Pepsi Cola Co (Un)
33 %• '
10%
Phelps Dodge Corp (Un)
29
a49%
Fhillips Petroleum Co
•
a61%
Pig'n Whistle conv prior preferred—7.50
Puget Sound Pulp & Timber (Un>
•
15%
Feb
150
14%
25 Va
Jan
100
(Un).
Parafflne
31
700
1
Jan
17%
20
Motor Co
29% Jan
1,377
6%
.
(Un)
Plantation
24
690
'
484
225
12%
Inc
common
705
17%
Feb
Tel
31
-1.65
1
.
25%
17%
!
30%
20
Plantation Co
25%
17%
44%
:
Inc
Feb
25 %
Jan
American World
Pullman
58%
40
Pacific Western Oil Corp
Packard
55% Jan
,
520
Service
Southen
225
52%
449
41 %
Preferred
Jan
1.(30
•
58%
40%
preferred
Pacific
Jan
72
Feb
1
Corp
58%
Jan
10
preferred
Pacific
Feb
71
4
(Un)_.
Jan
Jan
preferred
Jan
18
Jan
19c
18
Lighting Corp
$4.50
4
11
•
..
(Un)
common
25c
Jan
Jan
preferred
3% Jan
43
16%
Jan
16c
16
—
5 ',0
21
a79 a80%
a47
21c
2,500
100
Electric
850
13%
5,100
18c
2.00
17
common
72
67%
22c
16c
Corp common (Un)__10
3%
64
22c
1.60 F'eb
17
com
Aggregates
72
G4
1,100
100
21'"%
22%
•
Inc
see
27%
50
9 %
•
pfd
non-cum
Canada
100
100
8%
100
footnotes
18%
1.75
12%
10%
•
common
<fc
Gt Northern Ry
Greyhound Corp
Mining
14%
Jan
75%
12
*
•
of
13% Jan
115
1.70
21%
1st preferred
redeemable preferred
5'io
Jan
a—
Jan
17%
•
F) Co cummon (Un)
Goodyear Tire & Rubber
(Un)
Nickel
Jan
7%
1.75
a—
Jan
49%
10
'
*
(B
International
Jan
30
43 Va
32%
120
Jan
6%
45
•
common—.
State Co Ltd
&
a] ii al%
a29% a29%
39%
.
Co
58%
—*
preferred
Sugar
43
Jan
28
32
a42
11%
Co
3%
72
.
„—
com
Safety Razor
Hutchinson
Feb
27%
85
a7 %
9Va
Conv* 2nd preferred
Motor Car
40
ul3% al3%
18 %
*
1
—
*
Foods
Jan
115
•
Preferred
Hupp Corp
31
23
Motors Corp
Corp
Honokaa Sugar Co
30% Jan
6% J an
(Un)
Foods
Development
240
12% Jan
com
Hobbs Battery Co
Jan
20
common
General
Hawaiian
21
170
Nemoura
General Electric Co
Stores
Feb
13%
—
Jan
17
12%
(Un)
12%
337
&6%
32%
a417/a
18%
Republic Petroleum
a—
12% Jan
12
12%
Corp
1
Machinery & Chem Corp com—10
Bros
Jan
16% Jan
13%
<5: Share
McBtan
30%
15%
10%
ft
a46 % a47%
FAR Liquidating
Gladding
17
Jan
68
Feb
17
60
a6%
Amer
Feb
Feb
Jan
108
o
8%
35%
77%
1,439
common
Jan
Jan
66%
30
—1
Jan
1.80
30%
69% Jan
40
—_
33%
Jan
63% Jan
30%
al3%
35%
Feb
Jan
873
40
1.33%
15%
42 %
219
1
(Un)
Corp
Jan
1
Capwell Co
General Paint
7% Jan
Bunk
Co
Sz Kletser
Feb
50
Works
Bond
1.40 Jan
Inc
of
de
I)
OH
Jan
66 %
17
14%
703
Jan
28 %
318
17
1.230
900
53
'
a73%
12%
15%
21%
Jan
G5%
a 30%
Jan
14%
1
12%
Pennsylvania RR Co (Un)
a 70%
12%,
Jan
42
20%
Jan
31
84
26%
Jan
11%
Jan
135
34
19
Jan
41%
20%
17
32% Jan
1,239
fa30 a30%
Jan
23
25
12Va
36%
32% Jan
1,390
29%
11
460
al2%
Jan
14% Jan
107
1.C5
2,850
26
1
Feb
42 Va
1,856
a30%
(Un)
Corp
Co
Kodak
Emporium
wnr
16
a
19
10
53
406
Feb
16%
1
14
1,485
34%
663
•
Steel
Dorado
I XL
15%
8
(Un)—15
Aircraft
Nat'l
Dumbarton Bridge
Intl
15
Feb
5%
Jan
Jan
1
(Un)
(Un)
Companies common
paramount Pictures Corp (Un).
4
32%
18 %
1
34 Va
1,030
29%
Mlg Co
Dominguez Oil Fields (Un)
Dow Chemical Co common
Idaho
5%
(Un}__*
Corp„
$3 cumulative preferred
Hudson
5%
*
Doernbeeher
Hunt
Feb
_*
Di Giorgio Fruit Corp B common
Holly
Feb
22%
35%
•
Publishing Co (Un)
Curtiss-W'right Corp (Un)
Hale
16 Va
22%
8
Curtis
4%
15% Jan
39
35%
25
America
ZeJlerbach
Goodrich
480
al5% al5%
Preferred
Golden
16 %
a22% a23%
Feb
Feb
•
1st preferred
5% %
Jan
28%
A..2%
(Un)
Motors
Creameries
Gillette
59%
a46 Va a4G%
05%
Edison
Vultee
Continental
Foster
Feb
a.l5V»
a70%
(Un)
com
Grocers
Consolidated
Food
58
34%
3%
class
Consolidated Natural Gas Co
Electric
610
21/2
Consolidated
Eastman
58%
15%
common
Consolidated Edison Co of N Y
El
58
al5%
Consolidated Chem Indus class A
Pont
Jan
10
Sys
Solvents
Commonwealth
du
49 Va
.—25
Class B
Crucible
49% Jan
*
Co
Iron
&■
Columbia Gas
Crocker
70
a50%
a52% a53%
(Un)
com
(Un)
Eroadcast
Commercial
Crown
aol
^51
Gas
6 r,'o
Jan
25
...
Co
Fuel
Columbia
Jan
7% Jan
100
Chemical
Colorado
Feb
3.25
26%
•
(Un)
Ctu>Sief Corp
Cities
9%
2.80 Jan
24% Jan
10
Pre!erred
Pac
Jan
204
15
]
34
Jan
940
_25
(Un)
30%
1,145
1,725
a52:,4
of America
Mining Co
Eureka
385
26
25
(Un)
common
Coast
Feb
9%
•
(Un)
common
Tractor
Chesapeake
33%
50
Pacific
Ii
(J
Can
Feb
3.00
•
„
Caterpillar
1%
31%
42
(Un)
(Un)
Pacific Finance
Fen
9
5%
-
1%
Jan
5% Jan
26
1
common
a38% a39%
23c
2.90
—2%
Co
180
9
—a22%
Packing Corp
6,050
6%
2.95
,
5
(Un)
25c
6%
33%
5
15
350
275
1
Filters
Sugar
31%
0
(Un)
Pacific
Jan
1% Feb
a39%
6
31%
Jan
•
„
Co
Pacific
Jan
4%
(Un)
Calamba Sugar
Calaveras Cement
Preferred
Jan
7
12%
5
Byron Jackson Co
Caluornia
27c
11%
2
<*5
Jan
Jan
4%
PI
(Un)
(Un;
HLU
7
12%
Holdings Corp (Un)
Boeing Airplane Co (Un)„
Borg-Warner
Feb
5% Jan
13
Blair
Co
25
24c
20
Eishop Oil Co
Beraen
104
Feb
6%
Corp lUn)
Steel
Jan
24
3
(Un)—.
Benguet Cons Mining
Bethlehem.
104
5%
P10
common
Onomea
Jan
PIO
common
United
18%
•
Co
Co
Feb
Jan
9%
20
118
1
Locomotive
Co
7% Jan
580
105a 105%
a
6
Petroleum
Oil
9%
32
u24% a25 Va
—
5
Atlas
Bandini
9
923
Jan
29%
3814
(Un)
Basin
28
50
Topeka &, Santa Fe
Corp (Un)
com
32
69% Jan
17
Co
Sugar Co Ltd
Oil
370
1
Northern Pacific Ry (Un)
14%
a55 a55%
17%
(Un;
North American Investment
North
American
Oil
Cons
—20
1
Atchison
Atlas
2% Jan
Feb
17
8
25%
Corp
Co
15 Va
26%
1
Aviation
50
Jan
Jan
1
Amercan
206
(Un),
Mining
7%
23%
1
American
a3
100
Park
Central RR
77
770
17
•
New
7%
26%
41%.
(Un)
Prouucts
National Linen Service
N
a
26%
•
Fibres
Distillers
North
•
Copper Mining (Un)
Jan
a7%
26%
*
(Un)
North
16%
14
American
Anglo Calif Natl Bank
Jan
33%
10
Corp
Jan
u3
(Un)__•
(Un)
47
(Un)
& Co
Jan
16%
Jan
Feb
Jan
Jan
1
Jan
16%
54%
5
Lode Mines
4
*
American Power & Light (Un)
Amer Radiator & Btan San (Un)
Jan
Jan
Machine
10%
9% Jan
51%
•
Natomas Co
Y
192
Jan
32y4
1
Ward
Auto
National
17
45 %
National City Lines
for Week
Jan
40
common
M & M Cons
National
Sales
Last
16%
840
Co
Nash-Kelvinator
Exchange
Friday
STOCKS
3 94
32%
1
•'
Morrison-Knudsen Co
San Francisco Stock
al3
7
Navigation
co
(Un)
McKesson & Robbins Inc (Un)
Montgomery
6%
46%
Matson
6%
31%
•
Jan
46%
Bancorporation. (U11)
6%
—
—12%
_
_
37%
Jan
95C
47%
4%
a52% a54%
a537/8
Jan
3,; 10
32%
Corp
18%
125
High
46%
6%
5
Libby
Jan
2,150
Low
1,225
5%
al77/a
•
Company
7
200
IOC
19
&
6%
1
Corp
90c
10c
18%
1
—
Brake
Electric
90c
—
1
_
5%
(Un)
Loew's
7%
—
a45%
Range Since January 1
High
10
334
3%
Low
a45% a47%
8.75
Salt Co
2,370
•
Shares
•
&
County
3%
for Week
1
Light
Copper Corp
Kennecott
66
10
_
(Un)
Corp
3 Va
voting trust ctfs
Westinghouse
115
64 %
90c
States
Johns-Manville
3 Va
Corp
faan Toy Mining
Standard Steel Spring
Common
Jan
64 Va
Co
United
33%
20%
5%
Sales
Range
of Prices
Par
Jan
•
—
Plusourgh Plate Glass
&
9%
Week's
Last
High
31%
2%
_
preferred
Screw
Low
50
Leslie
Fireprooling
Pittsburgh
Pitts
33 Va
10
_
Fuel Supply
Friday
Sale Price
STOCKS
Range Since January 1
High
33 Va
10
Mackintosh-Hemphill
Mountain
Low
1
Lone Star Gas
10
Sales
Last
Sale Price
FOR WEEK ENDED FEBRUARY
32
a
68%
32%
10
a—
5
a__
823
5%
5%
200
lb
50%
50%
370
10
20
20
585
31%
5%
4R3'
—
—
Jan
Feb
.Ton
9Ve
a
a__-
33
6%
Jan
—
—
Jan
Jan
37
I
THE
(6861
28
COMMERCIAL
CANADIAN
&
FINANCIAL
LISTED
RANGE FOR WEEK
CHRONICLE
Monday, February 13, 195.0
MARKETS
ENDED FEBRUARY
J«
Friday
Montreal Slock
Exchange
STOCKS
Canadian Funds
Week's
Last
Range
of Prices
Shares
Low
Par
Abitibi
Power
SI.50
&
Sugar
class
b'<
prelerred J..,
Agnew-Surpass Shoe
Algoma
•
A
100
_
of
Co
Amalgamated
4%%
Electric
Ltd
Argus Corp
4%
pfd
Corp
High
Jan
23
7,788
25
285
24%
Jan
25
103%
24%
Feb
22%
Jan
Feb
23
Feb
25
Jan
104%
Feb
9
9
515
14%
14%
14%
1,795
13%
Jan
15
Jan
53%
53%
55
1,603
53%
Feb
57 %
26 %
26%
175
26
Jan
26%
Jan
8%
7%
Az
8%
1,135
75
75
35
25%
26
Teleg
class
558
a68
pid.._*
A
8%
,50
7:'/4
25%
•
Tel
8%
7%
100
—
a68
Jan
Jan
9
Feb
9
Jan
7
Jan
8
Jan
75
Jan
76
Jan
24%
5
8%
Jan
26%
Jan
a
a—
—
...
&
•
class A
Paper
Bralorne
Brazilian
Brtiish
Limited
Mines
irnc
Ligu
American
British
American
Preferred
British
Class
Class
Building
Jan
41
Jan
9.80
9.80
100
20%
20%
20%
22,402
14%
14%
14%
200
Power
cl
Corp
Safeway
Canada
Steamship
2,745
25%
Jan
27%
Jan
26%
605
26%
Jan
27%
Jan
2%
2,200
2%
Jan
3%
Jan
28
28%
375
27%
Jan
28%
Jan
a2%
3%
Jan
18%
Feb
Jan
6%
7%
Jan
33
33%
1,115
30%
Jan
33%
Feb
a9.25
50
9.00
Jan
9.50
Jan
36
373/,
1,884
34
Jan
38%
Jan
29%
29%
29%
1,830
29
Jan
29%
Jan
12
12
12%
30
11%
Jan
12%
Jan
Corp
Ltd
4%%
pfd
100
4
100
Jan
478
14
Jan
37%
37%
150
34
Jan
38
Jan
22%
23
3,773
22%
Jan
23 %
Jan
24
135
24%
Jan
16%
50
_
common
23
5%
Foundry
23.10
23.10
365
23.10
Jan
20%
20%
140
20%
Feb
20%
Feb
113/4
930
11
Feb
12%, Jan
14%
435
14
Jan
15
11
11%
20
14%
•
29%
303/4
3,774
39
38%
39
620
37%
Jan
23
23
o5
22%
Jan
25
.___
class
A
20
6%
8
a9
a9
25
preferred
7%
*
pfd
__
Cottons
30%
25
common
$1.75 preferred
B
Jan
23% J an
22.90 Jan
•
common
Ciass A
Converters
16%
_20
pfd—
preferred
—^
Jan
100
•
Canners Ltd
Celanese
100
16%
23%
•
28
28
28
28%
140
,
:
Jan
Jan
9
Feb
,27%
Jan
39
24%
•
Feb
9
25
30%
Jan
7%
20
Jan
Feb
Feb
9
Jan
28
».
Jan
Canadian Foreign Investment
•
32 %
32%
100
32%
Feb
36%
Canadian
•
8%
9
145
,8%
Jan
9%
Jan
9
9
25
8%
Jan
9%
Powell
24
126
620
Class
Ind Alcohol
B
class
A
;
;
Canadian
Locomotive
Canadian
Oil
•
Companies
J)
Co
Ltd
15%
16 %
325
15%
Feb
17%
Jan
17%
17%
4,456
"16%
Jan
17%
Jan
11%
11
11%
125
11
Jan
14
Jan
i6i/2
16
16%
1,525
15%
Jan
16%
Jan
14
14
25
98% 100%
1,592
*
——
5
•
Glass
1
99
25
Seagrams
24%
20%
21%
Bridge
4%
Quebec
St
Feb
21%
Tar & Chemical
Ltd
B
Bros
Steel
Co of
New
4.16%
'5%%
•5%
Howard
Imperial
6%
175
35
Jan
36
5,838
19%
Jan
22%
34 %
34%
170
33
Jan
35%
Corp
27%
27%
115
26%
Jan
27%
27%
150
26
Feb
27%
Coal
(John!
90
1,348
84%
Jan
90
Feb
805
50 'A
Jan
52%
Feb
23%
Jan
25%
Jan
of
48%
Jan
90
52
50%
52%-
24
23%
24%
5,444
47
47%
365
'_
25
22
Jan
300
148
Feb
21%
1,400
20
Jan
21%
Feb
20%
20%
105
19%
Jan
21%
Feb
18 %
Jan
19
Feb
•
•
__
19
*
100
75
21
21%
300
20%
Jan
19%
19%
19%
405
19
Jan
9%
9%
1,130
106
1,200
21%'
1,350
*
common...-— *
106
«
21'A
i_._
1
25
102%
20%
105%
—'
_•
Jan
'20%
Feb
103
Jan
14
Feb
300
14% 1
Jan
101
174
171%
6%
174
35
7%
325
a31
a31
2
a
6
a__
*
a99% a&9%
100
L-
85-
8%
14
7%
;•
.
108
100
14%
preferred—100
1
Jan
100
21%
Power
Jan
Jan
170%
Jan
6%
Jan
100%
21%
Jan
Jan
Jan
20
9%
Jan
Feb
106
21%
Feb
Feb
108
14%
Jan
Feb
174
7%
—
—
Jan
a__
a..._
*
Worts
15
14'%
15
150
14
Feb
15
Jan
*
:~i——
-
100
22%
152
'
100
*
__r
common
19
100
9%
1
Co
old
22
148
21 %
100
common
Feb
22
148
__
•
com
47
22
148
00
Canada
Jan
38%
37%
38%
4,600
36%
Jan
38%
Feb
24%
24%
1,025
24%
Feb
*
common.—,
__
•
,
1
•
99%
10
67
1,760
18
20
a28 a28% '
—
Jan
99%
Jan
52
28%
■>
Feb
33%
325
1,044
99%
,
65
—25
18
34
.
•
'
___100
common
—
18
33%
58 %
„
33%
•
common
25
19
37%
Jan
Jan
Jan
100
Jan
Jan
67
Feb
Jan
29%
Jan
10
20 %
25%
'♦»—
20 %
Jan
20%
512
24%
Jan
26
Jan
125
27
Jan
27%
Feb,
725
20 %
25%
26
27%
—
27%
.
20
Jan
27
27%
27
Jan
28
Jan
10
40%
40
40%
39
Jan
40%
Feb
10
27%
27 %
27%
1,810
27%
Jan
28
Jan
39%
100
39%
Jan
40
Jan
___10 %
_L
*
27'A
'
39%
__
-
3,429
■
494
21 %
21%
10
21.%
Feb
22%
11%
11%
2,989
11%
Jan
12
Jan
173
173
174
20
Jan
174
Feb
15%
15%
20o
15
Jan
15%
Feb
Anglo-Nlld
16%
25
15
Jan
16%
Jan
Atlas
,
ft
173
Jan
Montreal Curb Market
Canadian
15%
16%
14%
a
16%
780
15
15%
30
25%
Feb
Acme
Works
Glove
Pr
&
Co
Paper
Jan
15%
Jan
20%
Jan
Brand
Jan
16
Jan
Co
Brandram-Henderson
29
Jan
30%
Jan
Brewers
25
25%
6,125
18%
190
107
15
110% 110%
60
18
18%
210
105
105
25
24%
Distillers
&
Jan
26%
Jan
British Columbia
Jan
98%
Jan
Brown
17%
Jan
19
Jan
106
Jan
107
Feb
110
Jan
110%
Jan
Jan
18%
Jan
105%
805
High
Feb
Jan
10%
14%
Feb
16
7%
Jan
8%
Jan
7
Jan
15
14%
15
8%
8%
8%
755
B
•
6
6
7
30
6
Feb
7%
Jan
pfd
20
16
2
16
2
80
16
Jan
16%
Jan
500
35c
40c
10,100
o
8
30
15%
16 %
416
143
3%
143
4%
26,095
3%
Jan
4%
Feb
95% 104%
1,670
92%
Jan
104%
Feb
2.50
7,265
1.50
Jan
2.50
Feb
10
30
10
Jan
10%
Jan
22%
997
22
Jan
22 %
Jan
12%
Jan
„
•
J.
A
•
Ltd
Vancouver
of
„
*
„
5
16
Jan
1.85
25c
-Jan
Feb
8
15-%
Feb
2.00
Jan
45c
Jan
9
Jan
17%
Jan
Feb
Jan
104
Low
10%
5
class
class
Ltd
Millen
98
15
13
Range Since January 1
High
450
Ltd
Eelgium Glove & Hosiery 5%
Bickle-Seagraves Ltd
&
8%
0
Ltd
Jan
375
Sales
for Week
1 Shares
•
Develop
Steels
15
30%
1
Ltd
13%
29%
Low
Par
19%
1,485
107
110%
16%
iRange
of. Prices
Jan
130
15%
a98 % r.98 %
18%
Jan
Week's
Last
Sale Price
20
19% al9%
15%
15%
Funds
Friday
STOCKS
17%
Pulp & Paper pfd.100
Burnett
143
1
4%
100
101 %
*
Company
2.50
common
Preferred
Ltd
Butterfly Hosiery Co Ltd
1
Jan
Canada
m
1.90
-
—.
10
10
Jan
133
143
Jan
Canada
Jan
Canadian
12%
12%
12
Jan
13%
Jan
12
Jan
•
36%
36
37
1,803
34%
Jan
38
Jan
Canadian Gen Investments Ltd..
•
17%
17%
17%
140
17%' Jan
17%
Jan
*
46
46
47%
1,024
45%
Jan
48
Feb
Canadian
Industries
•
23
23
23
945
22%
24
Jan
Ingersol
a69
a69
30
Canadian
Inter
7%
7%
155
103
103
30
1234
425
22
21%
22%
5,539
21%
Jan
23%
Jan
14%
14%
143/4
3,925
14%
Jan
14%
Jan
Jan
26%
Jan
7%
26
7%
7%
600
7%
Jan
32
31
32
2,045
29%
Jan
86
350
25%
Food
32
Feb
5%
Canadian
Canadian
Marconi
Jan
87
Jan
Jan
101
Feb
Canadian
Silk
Jan
32
Feb
Canadian
Western
Jan
Canadian
Westinghouse
Feb
Catelli
Jan
Feb
26
115
5%
160
Jan
Celtic
3,675
31%
Jan
32%
Jan
Chatco Steel Products Ltd
8,175
37%
Jan
41%
9%
17
Jan
17%
9%
9%
857
Jan
10%
Jan
47%
48%
285
46
Jan
48'/a
Jan
20%
21%
940
20 %
Jan
22%
Jan
11%
20%
11%
25
11%
Jan
11%
Jan
8%
19%
19%
19%
230
19%
Jan
20
Jan
26
26
335
25
Jan
28%
Jan
19
19
280
19
Jan
19%
Jan
•
22
♦
22
30
22
Feb
22
10%
11
55
10 34
Jan
11%
10
103/4
10
00
9%
Jan
10
Feb
Jan
Jan
8
8
8
250
7%
24%
2414
24%
4,044
213/4
Jan
25%
Jan
14%
14 V8
15
2,065
14%
Feb
16%
Jan
alOO
alOO
6
a—
22
22
420
21
Jan
22
Jan
*
Knitting
Claude
General
Neon
8%
22
Drug &
footnotes
see
Jan
a__
5%
100
—
2%
Jan
8
Jah
Jan
103
Feb
Jan
a
3 %
Jan
a__
12%
12 %
60
12%
Jan
12%
Jan
23%
23%
23%
235
23 %
Jan
24
Jan
3%
3%
3 %
3,300
3%
Jan
57%
57
57%
80
57
Jan
58
Jan
a39% a39%
20
39
Jan
39
Jan
Jan
8
Advert
cl
3%
Feb
*
common
Div
of
Stand
Canada
Sec
class
*
A._*
*
•
57o
Textile
Mills
preferred
com
__20
;
8%
25
8%
Jan
8%
Feb
13
13'A
630
10%
Jan
14 %
Jan
—
30c
Jan
80c
Jan
38
Feb
40
Jan
35c
35c
3,725
—
—
38
38
60
2%
2%
900
2%
4%
—
5
—
Bakeries
8%
13'A
35c
B___
100
Ltd
•
4%
150
8%
9
225
a45c
iAoc
43
al5
al5
5
26
26%
130
19
18%
12 V*
19%
12%
9,473
12%
__
26
—
18%
18%
32%
33
350
85
Jan
2%
Jan
4%
Feb
4%
Jan
8%
Feb
9
Jan
60
David
Limited
class
A—50
Oilcloth & Linoleum
Co Ltd.*
Frere
&
Class
B
Dominion
a__
*
Dominion Woollens
29
900
26%
Feb
29
Feb
Eastern
715
26%
Feb
29
Feb
East
22
Jan
60
Jan
15
Jan
15%
Jan
24%
Jan
26%
Feb
17%
Jan
19%
11
Jan
13
Feb
Jan
18'A
Jan
18%
30
Jan
33
20%
21 %
1,036
20%
Jan
Paper
& Worsteds
50%
2
50%
Jan
50%
Jan
Fairchild
46
52%
2,070
37%
Jan
52 %
Feb
Federal
23%
23%
54
22
Jan
23%
Jan
Fleet
Co
—•
—
—
40%
—
120
Feb.
12%
14
405
12 Va
Jan
14
Feb
40%
41
495
39
Jan
41
Feb
10%
10%
100
Jan
10%
Jan.
—•
17%
17
17%
319
41
57/«
5'A
42
42
.5%
42
460
100
Ltd
35%
34
36
2,347
34
Jan
37
Jan
Ford
41
41
41
35
41
Feb
42
Jan
Freiman
9
Feb
Great
Jan
Halifax
9
8%
Feb
10' '8
10%
10%
Jan
11%
Products
Aircraft
Grain
Ltd
Motor
Ltd
Lakes
Co
(A
pfd
Ltd
6%%
of
5
cum
Manufacturing
•
5
Steel
Kootenay Power 1%
50%
8%
|
Feb
9%
16%
18
Jan
Jan
6
Jan
Jan
42
Feb
Jan
Jan
20%
51%
.
Jan
28
common__5
42.
100
Consolidated
25
cage
Feb
a
250
a2
41
28
*
!
3 %
Lithograph Mfg Co..
Consolidated Paper Curp Ltd
27%
•
Preferred
3
a2
•
Preferred
28%
100
Chemical
_r
1—*
Consolidated
27%
__40
'
%
•
a
Alcohols
Consolidated
Donnacona
common
'
a2
—*
common
preferred
*
Co
11
•
Ltd
Ltd
Co
Preferred
Commercial
*
Locomotive
25
Jan
»
preferred
Co
17
•
Tramways
12
5%, Jan
2
A_—
Co
common
32%
"•
Breweries
class
Lumber
Products
Food
7%
——*
Products
41 %
25
Montreal Telegraph
•
*
com
preferred
31%
*
A
12
1
Company
85 %
•
B
Jan
*
Paper Inv Ltd
39%
common—.*
class
&
Pwr
32
•
(Robert)
Jan
5
.1.100
41%
5
St
12
125
com
Ltd
•
Oil
500
5 Vu
•
preferred
29%
17
25
A
12
5
Ltd
Co
7%
*
Ltd
Tr
99%
26
Wassey-Harris
Breweries
Inv
5
115
-
McColl-Frontenac
Rand
30
25
A)
12
•
420
50
common
1
B.=
common
32
26
Ltd
22%
22%
•
class
Ltd
Class A
86
115
*
B
Ltd
101
26
•
class
Co
Products
86
115
Corp.
Ltd
Flooring
31
100
Co
Dominion Sugar
101
32
—100
pfd
&
Jan
25%
7%
25
common
(John
Export
Paint
19
•
preferred
For
Jan
19%
Ltd
National
21
52%
Ltd
Woods
Legare 6%
7%
Jan
*
Ltd
Consolidated
Lewis
National
20
Jan
Canada
of
Serv
Lang & Sons Ltd
Murphy
40
Jan
common
Paper
Public
Montreal
Jan
21
90
Jan
loo
Utilities
Montreal
16
1
certificates
Feb
100
Petroleum
Class
Jan
18%
Power
Molson
14
'52%
preferred
International
Mitchell
4,733
99
com
Feb
3,165
31
395
common
International
(J
21
__
Jan
Jan
479
Smelting
International
Mitchell
15'%
Jan
27%
•
International Nickel
Class
15
9.80
32
27
18%
common
<fe
preferred
International Bronze 6%
MacMillan
15%
Jan
Jan
.
52% ' 52 %
8'/c
Bros
32
a__
9.05
18%
preferred
the
29%
Jan
52%
preferred
convertible
of
31%
Jan
40%
£1
5%
Lake
27
a
Jan
213%
25
5%
Lr.batt
960
61
Canadian
Acceptance
Jamaica
143%
Jan
•
Paper
International
13%
•
1st prelerred
Jan
Sb
21
*
:
Ltd
Intercolonial
a__
14%
Jan
6
13
6,775
Jan
Feb
25
pfd 1927—50
preferred
4%%
350
a70
6
—
17!%
23
105
preferred
Indust
Feb
Feb
Jan
36
Imperial Tobacco of Canada common_5
-4%
25
21
100
6%
Jan
16
•
3
22
9.30
6%
10
36
•
Alabastine
Mining
Oil
690
25
h70
Toronto
21%
loo
Bridge
Bay
16%.
21
100
Smith
Hudson
47%
Jan
loo
Lime St
Hamilton
Jan
9.05
common
1
48
•
Goodyear Tire & Rub 4%
Gypsum
Jan
70%
•
J
Jan
•
preferred
17%
Jan
1
Montreal
45
•
General steel Wares common
Jan
9.15
100
Royal
305
1
a
Jan
15 %
63%
49
Nova Scotia
46%
—100
preferred
42%
25
—
10
46
20
•5% >preferred
45
•
i
Feb
1100
common
16%
—10
28'A
common...
Power
i63/4
0
common
Dominion
21
preferred__25
preferred
Jan
Feb
12%
•
Commerce
44%
Praser
Co
12%
25
Canadlenne
Jan
Co
4%%
57
45
Banks—
Jan
Foundation
=
56
•
common
Limited
Feb
*
Gatlneau
Jan
Jan
preferred%.
20
11%
Canada
Feb
56
Jan
preferred
27
Famous Players Canadian Corp
of
45
60
710
13
Wilsils Ltd
Bathurst
H)
Jan
295
56%
Jan
(Geo)
25
Ltd
IT
47%
12%
Winnipeg Electric
6%
46%
46%
310
Gooderham 'St
Zellers
Jan
•
Preferred1
.
Jan
26%
13
Wabasso Cotton
5%
45
Jan
100
Canada
Eiscuit
Weston
Jan
26 V4
Jan
preferred.
Stores
Walker
38%
155
99
Tuckett Tobacco 7%
United
Steel
Corp
Vjau
290
26%
190
preferred
Thrift
40%
100
common -w
1%
40
26%
__
Standard Chemical common..
505
Paper
Estabrooks
Feb
40%
100
Canada
1,343
23%
Eddy Paper Co class A preferred
Electrolux Corp
172
100
press
433/4
cuiumou
*
Feb
172
540
Simon
(H) & Sons common./—.
Simpsons 4%% .preferred—
20%
common
preferred
10
4,800
trust
.28%
_
preferred
Textile
172
16%
Breweries
43
Voting trust certificates
.Redeemable
172
68%.
Sicks
34'%
class
172
Jan
65
4%
27%
Dominion
Goal
Jan
16%
Williams
__20
Stores
«fc
•22
44%
preferred
—25
1
Dominion
Dryden
Feb
25
Feb
67%
7%
.20%
—25
common
Steel
.'7rw
20%
Jan
19%
16%
Shawinigan Water & Power
28%
preferred
Dominion
Donohue
1,405
Jan
14%, Jan
103
2,484
*
3t Lawrence Paper
'2nd preferred
16 %
Glass
Dominion
21%
.22%
-v
21
•
Lawrence Flour Mills
15%
6%
preferred
,
355
Feb
Feb
19%
56
preferred
Southern
Jan
20
45
preferred
Voting
68%
•
Lawrence Corp common
Series A
21
Jan
•
Paper
Sherwin
Jan
66 %
•
Power
2nd
19%
2,489
Co
preferred
1st
■191
68%
•
Royalile Oil Ltd
St
High
20%
68
•
Power—
preferred
Holland
Low
20%
68%
common
Knitting
$1.60
20%
Foundries St Steel
1c/c
25
14
98%
*
&
Provincial Transport
Regent
Range Since January 1
High
20%
100
preferred
46
Coal
Dominion
Low
•
common
Power Corp of Canada
Price Bros & Co Ltd common
43
Dominion
Dominion
Jan
17%
Consumers
Dominion
29
15%
Consolidated Mining At Smelting
Distillers
Feb
20
Cockshutt Plow
,(B
24
25
Railway.
Caj-dy Corp class A
C.oghlin
Jan,
•
Canadian Pacific
Ltd
River
Jan
r
Shares
•
ProaucU
steel
Southam
16 %
100
common
•
Class
Jan
Jari
2%
17
a9.?5
•
Canadian
205
37%
Bronze
Canadian
275
a7
33%
Breweries
series
25
18%
ill
•
preferred
$1.00
a2%
18
Canadian
e,
Jan
Mills
Light Heat
Penmans
Feb
26%
Canadian
Canadian
15
20
common
6i
20%
2%
5
Power
Car
14%
Jan
2b %
•
Canada
Canadian
Jan
26%
a7
for Week
•
Page-Heisey Tubes
Feb
2%
♦
Dredging
Convertible
19
9.80
26%
A__*
preferred
Canadian
Jan
26%
*
North
9.40
•
Products
Products
Canada
26
Jan
•
common
class A
Cement
$1.30
Jan
40
•
Gold
Canada
25
8,600
25
Uii
E'
Bulolo
1,750
40%
•
B
Bruck Mills Ltd
5%
Co
Note
Forest
Columbia
26
40
•
Hower
<v
"_
—
25%
40
*
Bank
Britisn Columbia
26
25
Power
Telephone
Corp
Ltd
preferred __.>_*
4%
Bathurst
Bell
Flour
Ottawa
Jan
*
•
Corp
Associated
21%
24%
25
common
preferred
Asbestos
27,217
22%
•
Canada
Ogilvie
l'/o
Car
Mines
Ontario
24%
*
Ltd
Aluminum
Low
•
Steel
Aluminium
Range Since January 1
103% 104%
22%
24%
103%
20
prelerred
Acadia-Atlantic
Steel
Noranda
High
22%
23 %
Paper common
National
for Week
Sale Price
Sales
Range
of Prices
Par
Sales
Friday
STOCKS
Week's
Last
Sale Price
Canada
J)
4%%
Paper Co Ltd
Insurance
red
pfd.,100
Ltd
Co
—
—
——
class
A
*
pfd......100
com
*
10
27%
__
15%
—
1.75
1.75
110
400
5%
38
1.40
123
Jan
Feb
1.75
123
Jan
Feb
123
15
1.25
1.30
1,900
1.25
Feb
1.75
27%
29%
4,606
24 %
Jan
29%
Feb
85
35
85
Feb
85
Feb
14%
15%
725
14%
Jan
15%
Jan
11 %
12
50
-11%
Feb
12%
Jan
,123
35
Jan
Volume
171
Number 4831
THE
COMMERCIAL
&
Canadian
FINANCIAL
LISTED
RANGE FOR WEEK
Friday
Week's
Last
Shares
STOCKS
Par
Hydro-Electric
Securities
Inter-City
Baking Co Ltd
International Metal Indust
325
13
13
26'A
26'A
100
5'A
5%
100
a
Jan
3%
Feb
14%
27%
Jan
5'A
Jan
6
Jan
Jan
11
Jan
all
10
31'A
100
31'A
Feb
15 %
31'A
15'A
320
15
Jan
16%
37
37
175
35'A
Jan
37%
Abitlbl
Power
&
Teleg & Tel Co common. -10
Massey-Harris Co 6'A% conv pfd_ _20
Maxwell
Ltd
•
:
McColl-Frontenac
Melchers
Mica
Oil
Canada
Minnesota
&
Moore
Ontario Paper
CorDoration Ltd
Mount
Royal
Co.-
Mills
Light &
7
97
Jan
99
Jan
11
Jan
1,000
18'A
1,715
76
76
77
500
9%
10
-
500
"
85c
Jan
1.05
Jan
77'A
9
Jan
Jan
10
._10
'A'
al8
•6.'A
6'A
6%
810
15
15
15
1,550
18
a
»
Corp
(Can)
class
if
18%
5%
15
Jan
18'A
Jan
6%
Jan
15
Jan
110
95
54%
147
a9'A
a9'A
10
13
14
305
13
Feb
15
18'A
18%
990
17%
Jan
18 y2
Feb
19
19'A
140
18
Jan
19 y4
:
;
pfd_—100
113 113'A
42c
—
42c
53%
9%
Jan
49
43c
113
5,885
Jan
115
Jan
43c
13%
Jan
14%
14%
Jan
16'A
Feb
35 Va
18
22%
795
12Va
Jan
22'A
a50% aoO'A
13
51
*
a70c
vi
•
Base
Metals
Lake
Bouzan
Gold
Ltd
08c
55=1*0
60c
,23,000
54'Ac
Jan
61c
*
4c
—
26c
3c
1
8c
9cl0%c
3c
7c
8c
3c
3c
7,000
-4.,
--
3c
Jan
3'Ac
Jan
3c
Feb
4'/sc
Jan
1.75
Jan
4c
5,000
1.40
1,900
1.18
Feb
500
8'Ac
Feb
8'Ac Feb
5c
Jan
5V4C
Jan
1,000
63c
Jan
89c
Jan
2,000
6c
Jan
8c
Jan
--
al2c
al2c
74
18c
Jan
25c
Jan
17%
300
53c
54c
2.000
54c
17%c21'Ac
,
6c
17%
Feb
20'A
Jan
53c
Feb
57c
Jan
20,000
16c
Jan
3,500
6c
6c
Jan
2.30
2.30
2.30
2,700
2.30
4.70
4.55
4.30
14,900
4.50
22c
29c
35c
27,500
.1
Sc
7c
9c
12c
12c
9c
*
...
Feb
Jan
2.30
5.30
Jan
Jan
29c
Feb
42c
Jan
8.000
7c
Feb
10c
Jan
1.000
12c
Feb
12c
Feb
—1
Mines
5c
5c
500
4y8c
Jan
5'Ac Jan
-.-1
Ltd—-.
2.65
2.70
bOO
2.65
Feb
3.20
33 %c 38'/2C
3,000
36'Ac
Feb
38'Ac
--1
5
10
1
—1
Ltd.
26%c
70c
Ltd
Macdonald Mines Ltd...
760
10
500
12c
25'Ac
28c
40,193
70c
72c
1,800
18 '/a
18'/a
100
4.45
1
Leitch Gold Mines Ltd,
_——,.__.T.l
Lingside Gold Mines Ltd
1
Louvicourt Goldiields Ltd—1
10 Va
13'Ac 13'Ac
1
Ltd...
al3%
4.55
a
1.12
1.12
Jan
13 %c
Jan
28c
Feb
Jan
Feb
Feb
70c
15
3'Ac
3'Ac
15'/2c 21'Ac
19c
11
Feb
82c
Jan
18 '/a
500
13%
21c
Feb
Jan
Feb
19'/a
Jan
4.45
13
Feb
5-25
Jan
Feb
14
Jan
500
%
1.12
Feb
1.12
Feb
1,000
3%c
Jan
3%c
Jan
56,300
12'/2c
Feb
45c
Jan
21'Ac Feb
__1
51c
51c
56c
Malartic Gold Fields
Ltd-———1
Mclntyre-Porcupine Mines Ltd
5
8,500
3.20
3.05
3.20
2,000
3.00
Jan
3.30
Jan
—
64
64
120
62'A
Jan
66%
Jan
—
...
Mining Corp of Canada Ltd
Nechi
Cons
Dredging
Goldvue
New
Mines
Norlartic
*
....
Ltd
1
Normetal
Mining
Corp
Ltd
*
.
Pato
Pitt
Cons
Labrador
Development
Yellowknife
Queenston
Quemont
Gold
Co
Gold
Mines
Mines
Crest
Gold
Gold
Siaaacona
Mines
Feb
45c
Jan
60c
62c
2,000
60c
Feb
65c
Jan
2.65
2.65
2.70
500
2.63
Jan
2.80
Jan
...
185
1.85
800
1.85
Jan
2.00
Jan
Mines
Ltd
Torbrit
Mines
Mines
1
Ltd—
Asbestos
Mines
Ltd
4.00
Feb
5'Ac
Jan
Jan
20'Ac
Jan
8c
25.300
5%c
Jan
9c
Jan
3c
1,500
2'Ac
Jan
3c
Feb
1.14
100
23%
3,375
1.07
19
Feb
1.17
Jan
Jan
23%
Feb
200
3c
Jan
3c
26.500
7c
Jan
14c
Jan
9'Ac
14.000
2.33
6,900
61c
61c
1,000
57c
Feb
65c
Feb
a25c
—
10c
2.20
2.33
a33c
245
35c
Jan
36c
Jan
54c
Feb
62c
Jan
54c
1.30
55c
2.50
600
2.47
1.92
3,539
2.50
2.35
—
2.40
9 'Ac
1.28
1.35
2.48
6,900
2.35
1.20
19,900
Feb
14c
Jan
2.35
Jan
2.85
Feb
2.69
Jan
Jan
Jan
Jan
Jan
1.36
Jan
9c
9c
9c
3,500
9c
Jan
14 %c
Jan
58c
61c
25,300
58c
Jan
71c
Calmont
Central
Oils
3-40
2.30
3.50
2,700
1
4c
4c
4'Ac
2,000
Leduc
Consolidated
•
2.99
4c
Feb
Jan
3.50
i
Feb
5'Ac
Jan
Oils
Ltd.—.
Homestead
Oil
:f
3.95
3.90
4.25
5,300
3.90
Feb
7.55
7.55
200
7.55
Feb
1
55c
55c
3,000
—*
1.23
1.35
500
1.23
Feb
4'AC
4'Ac
4'AC
1,000
3'Ac
Feb
5c
Jan
1.40
1.32
1,45
3,940
1.22
Jan
1.74
Jan
Jan
Co Ltd—*
Gaspe Oil Ventures Ltd
1
General Petroleums class A
OH
Co
Pacalta
*
Okalta
Oils
Ltd.
Oils
Co
Ltd
.—
Ltd
Pacific
Pan
Petroleums
Western
Oils
Ltd
Ltd
South Brazeau Petroleums Ltd
Jan
Jan
Feb
57c
57c
63c
Jan
1
Nephehne
17c
16'/a
*
500
55c
Jan
7c
8c
11,500
7c
Feb
10c
67c
65c
70c
44c
Jan
70c
Feb
*
3.95
3.95
4.30
49,600
23,180
Feb
4.75
Jan
1
25c
20c
29c
27,100
18c
Feb
29c
Feb
4c
3>Ac
4c
16,500
3'Ac
Jan
4%c
Jan
22c
13c
28c
69,00 >
12:
Jan
28c
Feb
19c 19% c
2,500
18c
Jan
22c
Jan
1
*
Lead
Canadian
Consol
Oil—
.
Resources
*
—
Porcupine
1
:
Corp
49c
Feb
common
-•
10
.
Jan
Atlas
(1937)
Nova
Bank
of
Toronto
Co
21'Ac
8%
Jan
5c
8.500
4'Ac
Jan
13c
7,100
12c
Jan
14'Ac
3.15
3.25
1,100
3.15
Feb
3.45
20 %c
20 %C
5'Ac
12'Ac
22c
6,400
20'Ac
Jan
10
39%
39%
1
1.24
1.18
64c
65 c
1,200
26c
Jan
9'Ac
Jan
Feb
28'A
Jan
39%
Jan
40%
40
475
38%
Jan
40
1%"
1.16
Jan
29c
33.700
26
282
6'A
100
12'A
200
40
40%
8,103
6.50
1
7.25
300
36'Ac 36'AC
26c
500
25'Ac
4'Ac
27c
8,900
5c
7,060
*
16 y4
16'A
25
•
13%
13%
25
Gold
1
5c
''
■
19C
Feb
10
9.80
845
35c
35c
40c
17,700
15'A
15'A
15%
90
Light & Pwr corn-*
20%
20%
20%
17.272
3c
99% 100%
3c
11 'A
A—
Oil
Buffadison Gold
40c
Jan
17
Feb
19'/a
Jan
20%
Feb
9.50
3c
Feb
3'Ac Jan
25%
Jan
26
Jan
27'A
27'A
99'A
Feb
2%
Jan
210
11
'A
425
825
27%
,3
110
2%
6
Lake
1
Jan
11'A
Jan
Jan
6%
28'A
Jan
Jan
Jan,
3
<
Jan
Jan
22,000
21c
Jan
27c
Jan
12,700
50c
Jan
57c
Jan
1,050
17'A
6%
Jan
18'A
Feb
Jan
7'A
Jan
Jan
19'Ac
Jan
2.25
Jan
7
13c 14 %c
2.15
400
14,200
2.05
2.15
8C
9c
4,500
5c
2,510
5c
.>
■
1.030
13c
1.92
8c
5c
Jan
Jan
Jan
11c
6c
Jan
Jan
•
class
A
33%
32%
33%
605
30'A
Jan
33 »A
Feb
•
.
16
14%
16
990
14'A
Jan
16
Feb
Feb
30'A
Feb
19'A
*
class A
28
28
28
50
26
17%
___.
B
17%
17%
240
17
7%
7%
7%
260
77,200
•
Calder Bousquet
Linen 2nd
1
Caldwell
preferred
Feb
8
Jan
Jan
Jan
Feb
11c
•
Flon
7%
7c
Jan
13c
16'A
35
16 >/2
Feb
16'A
Feb
7 25
7.25
13c
16%
*
& Edmonton
7.75
3.455
7.25
Feb
8.35
Jan
*
5%c
6'Ac
5.500
5c
Jan
6'AC
50c
49 %c
55c
30,700
48c
Jan
58c
Jan
12c
12c
10c
Jan
12c
Feb
2.70
2.85
11,450
2.70
Feb
3.25
Jan
2'A
Jan
-*
,
—
6c
1
Calmont Oils
Campbell Red Lake
Canada Bread
Jan
Jan
Jan
56c
1
———
Burlington Steel
Oils
Jan
102
3'/a
25c
*
Products
Flin
Jan
18'A
X
Ankerlte
1
2.70
3.0
Jan
*
2%
2%
2%
600
Feb
2%
preferred
50
42'A
42%
42'A
10
42
Jan
42'A
Jan
Cement common
•
37'A
29'A
36
37'A
355
34
Jan
38%
Jan
29'A
B
common
Preferred
Foils
Canada
Foundries
class
Canada
class
A
29
Jan
30
Jan
12
65
11'A
Jan
12
Feb
27 'A
27'A
54
27'A
Feb
27%
Packers
51
115
47
Jan
52
Feb
Jan
*
11%
12'/a
615
11%
Feb
12'A
Jan
•
34'A
34'A
75
34
Jan
37
Jan
21%
24
2,395
17
Jan
24%
Jan
201'A 202 %
6)
196
Jan
202'A
Jan
-*
Northern
Power
class
A
Class B
50'A
*
Permanent
Canada SS Lines
23'A
100
Mortgage
202'A
•
Canada Wire <fe Cable class A
16'A
16'/a
16%
665
14
Jan
16'A
Jan
50
common
Preferred
37%
37'A
37%
130
33'A
Jan
38
Jan
Jan
Canners
30'A
Jan
33
Feb
25
Jan
26 %
Feb
23
22%
23
2,075
22'A
Jan
23'A
Jan
Jan
20'A
20'A
20'A
3,670
19%
23.10
23.10
23.10
7,083
22%
Jan
23.15
Feb
*
—
20%
20'A
20'A
1,215
19%
Jan
20%
Jan
11%
11
11%
540
11
Jan
12'A Jan
14'A
14%
14'A
250
14
Jan
15
Jan
30'A
30
30%
860
29
Jan
30%
Jan
—20
<
common
38
38
80
37
Jan
39
Jan
23
•
'
common-
23
25
23
Feb
23'A
Jan
25
26%
595
24'/a
Jan
27
Jan
•
-—..
'lOO
Jan
Canadian Malartic
71
•
—-—
38
6
Jan
«
5
2,200
12
12
160
11
Feb
12
Jan
71
71
10
67
Jan
71
Feb
8%
1
,
•
Jan
Canadian Indus AJco "A" voting—
Canadian Locomotive
5
5
•
A
20% Jan
26
25
,_25
Dredge
Preferred
20
•
preferred
preferred
Jan
210
1,370
81%
•
,
Preferred
4.85
33
26'/a
81'A
20
common
:
Jan
82
32
25'A
*
Canadian Car common
Class A
Jan
33
25'A
•
preferred
Canadian Celanese
80
*
10
B
Canadian
105
12
*
1
A
Canada Malting
Canada
Class
29'A
*
20
Canada
Class
13c
10
Jan
10
54'Ac
X
Buffalo
Jan
23'Ac
Jan
Jan
25c
28'A
7
Jan
Jan
Jan
18
Buffalo Canadian
Canada
25c
23'Ac
B
Calnorth
Jan
56c
—
Callinan
Jan
15c
23 %C
.
Broulan Porcupine
Bruck Mills class A
Calgary
3c
650
.11%'
6
Jan
Jan
23
28'A
Jan
2'Ac
3
class
••
50
2%
6'/a
—
Power
B
2.21
Jan
2%
Packers A
.—:
7%c
18c
9.60
99%
1st
10c
3,839
Columbia Elec 4%% pfd— -100
British Columbia Forest Products-
Convertible
2,000
17c
British
Jan
3.000
17c
520
Jan
21%c22'Ac
17c
8,000
Jan
1,200
14,500
3,830
8.25
Jan
3c
27
4.70
1.39
2%c
26%
Co
Jan
Feb
Lake
Red
13%
Jan
9
3'Ac
&
12%
1
11c
26 V2
Class
Feb
Jan
Jan
26%
Burrard
Jan
16'A
15
Jan
26%
Burns
5c
14c
26%
Buffalo
Jan
Jan
4c
54c
; —25
Building
Jan
31c
Jan
•
Red
Class
Jan
44c
Jan
American Oil common
Dominion
8.50
Jan
Feb
12c
*
Preferred
British
Feb
35c
25'Ac
39c
3c
A
common
Brewis
Class
6.50
Jan
Jan
8.020
*
class
Columbia
14
41
.
10,350
1
Columbia
Feb
Jan
14c
-*
British
Class B
12'A
40
*
Bralorne Mines
British
7%
Feb
1 '•
y
Boycon Pershing
Boymar
British
6'A
Jan
Jan
Jan
52c
220
Brazilian Traction
31c
26
48c
7,000
Cordage
Feb
Jan
12'Ac
9
Millen
26c
24%
Feb
14c
14c
&
Jan
65c
fJan
Feb
Jan
50c
9
Brantford
54c
1.36
X
11c
Brand
<
1
1
—
6c
27 y8
12%
1
—
Jan
Jan
1.25
26c
■
24c
Jan
l.Oud
25'A
25%
7'Ac Jan
1,335
15,793
V
6'A
•
-
58c
4.60
12c
Jan
9c
;
—*
Canadian Food Products
12c
7%
*
New
4.25
1,640
1
Canadian
4.40
Jan
Jan
8%
40%
*
■_
Jan
4.40
9'Ac
8%
3.25
•
t
Jan
Jan
Jan
Bordulac
1.13
Feb
8c
27%
A
Mines
9'Ac
2.00
6,500
Jan
*
Bonetal Gold
13%
4'Ac
8%c
40
Biltmorc Hats A preferred—
Blue
Ribbon Corp common
Feb
1
Jan
14'A
1.70
.—*
class
Kirkland
Feb
700
Feb
62c
Jan
Jan
6.50
Feb
12,500
15c
Jan
13%
7'Ac
Mining
Gold
11
2.05
Jan
56c
435
27'/.
"
Ltd—
River
8'Ac
5'Ac
9c
34,400
14 "2
1.28
Belletexre Quebec —,————1
1.400
2.00
37,900
60c
%
32,403
40'/a
1,000
4'/ac
15c
Jan
1.53
25
7.406
'
Jan
8c
Bros
1.10
—
29c
40 Va
—
Power
*>.
Jan
27 y4
Telephone
Bobjo
22c
10
B
Bldgood
44,300
1
1—
Ltd
Metals
Berens
23c
—10
Scotia-,
Mines
Bevcourt
Jan
77
1.40
5'/aC
1—1
i
Montreal
Eeatty
20c
Jan
8%
1
of
Bell
Jan
1.40
1
—
of
Class
lie
75
8c
8c
*
Bank
Base
90
1.60J
56c
1
Barymin
Jan
8
75
14
1
—
Mines
Barnat
Jan
18c
10% c
59c
—10
*
Bank
•
7'A
'
A
Bagamac Mines
Bankfield Consolidated
,
485
•
26 %C
27 %c
1
class
Steels
Aubelle
7%
\
75
1
Corp
Mines
8'Ac
—
7%
75
-1
Metals
31%
1
7%
3.95
15c
—
Gold
U
1.05
►
1
Mines
1"05
*
Jan
25c
20c
8'Ac
—*
80c
Jan
Jan
8'Ac
1
Jan
23c
16c
11 Va
*
70c
14,300
*
90c
Omnitrans Exploration Ltd
1,300
1,500
20c
*
—
num«
New
76c
c
Larder
Canadian Breweries
•
—
Jan
76c
23c 23 %c
Jan
Jan
Canadian Bank of Commerce
Ltd——_—
9
Jan
Pfd
Jan
Oil Stocks—
Anglo-Canadian Oil Co Ltd
Calgary & Edmonton Corp Ltd
Jan
26'A
Canada
58c
...
8%
Jan
Jan
9'Ac
1
—...
75
26
Class
a2c
9c
9c
1
—
__:
Jan
Jan
.1
—
Corp Ltd
Mines
5c
Feb
a2c
—
*
1
3.05
17'Ac
1.53
22
.1
Ltd
Canada
Westville
Ltd
....
1,100
Feb
3c
22%
—1
Ltd
1,000
1.35
1.14
—-
1
(1944)
Mines
Mines
2,825
5c
6'Ac
—
____50c
—3
4.00
5c
6'Ac
600
17c 17'Ac
..
1.53
3.85
—
1
Ltd—
Mines
Cons
'1.50
3.85
Ltd——*
Mines Co
Rock Iron
Suliivan
United
Feb
77c
Jan
1
:—*
F^orritf-Gordon Mines Ltd..
Silver Miller Mines Ltd—
Upper
13'A
Jan
32c
_1
Santiago Mines Ltd,..—
Trebor
Jan
65c
5,550
——1
.......
Mining Corp Ltd
Rochette Gold
Steep
12
9,500
—
Quebec Manganese Mines Ltd—.....1
Quebec
Siscoe
950
17c
40c
1
Gold Dredging Ltd-.—_._1
Mining Co Ltd—
1-—1
Gold
Red
13%
•
Porcupine Mines
Quebec
Jan
38c
38c
1
O'Brien Gold Mines Ltd
Pamour
13'A
83c
76%c
...
/—..,.l
Ltd
Mines
9
Bowes Co class A
Jan
1
21 Ac
Jan
1.-'-
Ltd
7'Ac Jan
34J
Bathurst
2V2C
1
Ltd
Jan
2 6'A
Jan
2,300
——
Ltd
Mines
lie
8c
Kerr-Addison Gold Mines Ltd..—*——1
Mining & Exolor Co Ltd—.1
Shore
Feb
5c
Labrador
Lake
7c
75c
1;
Mines
Joliet-Quebec Mines
80,000
17%
—
Mines
Jan
5c
1
Hard Rock Gold
Mines—
Hoiiinger Cons Gold Mines Ltd
Hudson-Rand Gold Mines Ltd—
Jaculet
14c
74c
Sullivan Mines Ltd—.
Eldona Gold Mines Ltd.
Manitou
Jan
G%c
East
Golden
9c
—
6c
Mines
16, oOO
8'Ac
5c
—1
Goldbeam
Jan
Jan
74c
Duvay
Mines
5c
4'Ac
1
20c
Gdld
Jan
Jan
—1
,__*
Gold
4c
4'Ac
1.18
—
*
Ltd-
Jan
8'Ac
--
1-25
Mines Ltd
Dulama Gold Mines Ltd
Francoeur
Jan
3'Ac Jan
700
Ltd
4%c
8%
-
Jan
31c
Feb
1,000
Donalda
Sol
5c
Feb
3c
4%c
Dome Mines Ltd
El
4c
26c
2,000
alca4'Ac
Mining
Mines
4%c
500
3,500
a4'Ac
C'ortez Explorations Ltd—
Cournor Mining Co Ltd
Mines
4c
27c
3Vic.
26c
;
——1
-1
500
26'A
Canada
Atlantic Oil
Jan
Chesterville Mines Ltd
5'Ac
26'A
of
Co
Aunor Gold
Ltd—.—_1
Mines
5'Ac
28
Athona
Feb
<
55c
57
Ashdowm Hardware
Feb
70c
Consolidated Astoria Mines Ltd-'
—1
Consolidated Central Cadillac
Mines-1
Consolidated Duquesne
Gold
19
Jan
Mines Ltd
Malartic
Jan
43c
Ltd-—1
Jan
Feb
Armistice
"
147,800
_*
Mines
48c
53
Arjon
Jan
70c
Candego Mines Ltd
X
Cartier-Malartic Gold Mines Ltd——1
Century Mining Corp Ltd
1
East
14
1.00
66'/2c
Ltd———1
Gold-Mines
Gold
1,065
Jan
68c
Mining Corp Ltd^
Bouscadillac
19
1.00
Jan
-1
Beatrice Red Lake Gold
Boos
26
17
50
~.—*
Mines
1,700
1,495
Aumaque
-
Gold
a70c
I
•
—
Stock*—
Band-Ore
54c
55 %
Ascot
—
—V
Anacon Lead Mines
Ascot Metals Corp
52c
53
Ltd
Preferred
Jan
Mining
Feb
__
Warrants
Feb
Windsor Hotel Ltd
105
53'A
Area
Feb
——*
Jan
•
Aquarius
Feb
35 '/a
Ltd
102%
14%
Apex
Jan
,/ 100
Co
70
Jan
Jan
35y8
Grain
105
13%
Jan
42c
35'/a
Products Ltd
103 y2
2,265
Jan
Amusement Corp Ltd—
Class A voting trust
etfS——
United Securities Ltd
——————100
22
Western
Jan
105
14%
Feb
200
Westeel
25
14 Va
9%
Jan
915
United
Jan
14%
Anglo Rouyn Mines
16 &
■■
—
•
.
24%
76c
Anglo
14V4
Ltd
635
23'Ac
Feb
110%
14'A
Canada
25
*
54%
Jan
16%
of
24'A
1
Argus
Paving & Materials Ltd—*
Gas
Feb
24%
High
Jan
^
109 y2
16'/a
Union
Feb
23
Low
—1
Cons
Anacon
Jan
'mt~
H CO
»
Southern Canada Power 6%
Southmont Invest Co Ltd-—
24 Va
Jan
—1
«
American Yellowknife
Feb
54'A
•
—20
Jan
22 Va
*
Pacific
American
Jan
109 y2
•
preierred
45
21'4
7,725
Feb
54%;
.
Ltd.common.
18'A
11,630
23
Oil
&
Aluminum
"
109'A
a
A
a
24%
Aluminium
Feb
17% Jan
75%
Mines
22'/«
22%
Algoma Steel
Alberta
Jan
18%
Uranium
Gas
Akaitcho Yellow Knife
Feb
11
23'A
100
High
22%
*
Agnew-Surpass
Jan
5
18'A
•
Russell Industries Ltd
'
Acme
Jan
23
all
1.00
18'A
——
redeemable
standard
Jan
*
Orange Crush Ltd
5%
6%
all
Stores Ltd
__*
Power Corn of Can 6% cum 1st
pfd-100
6% N C partic 2nd,
preferred--50
Reitmans
400
1.00
—
Power'
Paul Service
Tel
6%
28%
Acadia
Feb
Range Since January 1
Low
20
preferred
Acadia-Atlantic class A
Amalgamated
Newfoundland
Quebec
Jan
6%
18%
"
5
Ltd
Jan
Shares
•
common
$1.50
•
-
Rice
18'A
27%
a98a98V2
.10
;
550
400
6%
100
pfd
6% pfd—,_10
Ltd
18%
27%
4%
Distilleries Ltd
01
18'A
27'A
for Week
__
Paper
Preferred
Maritime
Sales
Range
of Prices
Par
Jan
*
11
Week's
Last
Sale Price
Jan
37
STOCKS
Feb
15'A
*
Friday
Jan
Feb
Exchange
Canadian Funds
Feb
13
26'A
•
all
-*
Lcwney (Walter M) Co Ltd
Maci-aren Power &
Paper Co
Toronto Stock
High
31'A
'
——
•
3y2
50
__
common
B—
3%
—
A
class
3'A
Low
5'A
A
class
10
Range Since January 1
High
3%
100
class
International Paints (Can)
Investment Foundation Ltd
Loblaw Groceterias Co
Low
<s
Corp
30
MARKETS
FEBRUARY
for Week
of Prices
(687)
Sales,
Range
Sale Price
ENDED
CHRONICLE
8%
128
8'A
Jan
25'A
Jan
29
Jan
60c
Jan
70c
Jan
25'A
__
26
360
■64c
65c
3,800
4%
Jan
9%
Jan
%
40
THE
(688)
&
COMMERCIAL
WEEK ENDED FEBRUARY 10
RANGE FOR
Friday
Week's
East
Range
of Prices
Shares
Sale Price
Oils Cos
Canadian
5(,c
—
103
—
10%
10V*
1
2.45
2.45
*
1.20
90c
^,4o0
36,725
13,228
2,000
13
8%
81c
13
8%
1,37
1-23
12%c
1-00
5c
1.15
12',be
1.00
6c
1.48
13c
1.00
600
100
246,790
25,500
43,900
1,500
1,000
—.—1
15
2%c
14 Vi
2 Vic
13
2%c
——
1
1
1
Central Patricia Gold Mines—
Porcupine
Centremaque Gold
Steel
—
—
*
common
—
Chateau-Gal Wines
8%
1.23
5%c
0
Research
50c
Cnemicai
1
Cheskirk Mines
1
Mines
Chestervllle
Chimo Gold
1
-
Cnromium
Circle Bar Knitting class A
Malartic
1
Willans
Cochenour
—,—1__*
Cockshutt Plow
Lake
Coin
-
1
-
Yellowknife
Coiomac
—1
Commonwealth Petroleum
Mines
Conlagas
—
1.3C
•
-
Consolidated Bakeries
Consolidated
Press
15c
Jan
17c
Jan
6c
Jan
8c
Jan
8%
Feb
Gulf
1.37
Feb
1.00
Gwillim
Gypsum
Jan
Feb
15
3c
Jan
Hahn
Brass
Jan
50c
faara
15c
Feb
18c
Jan
Harding
4c
Feb
6c
Jan
Harricana
Jan
Hasaga
1.50
Rock
1.50
90c
Jan
Hosco
Gold
5c
Jan
Hoyle
Jan
12c
Feb
26c
Jan
Hinde
320
Hi
5,62p
160%
Jan
1.08
Jan
163%
165
1.13
1.13
100
100
7%
1.20
100
7%
15c
Coal
100
5°
7 Vic
50
714c
25
100
1,500
1,100
1014c
1
32c
•
•
B
—
Hudson
Del
Oils
Rio
Jan
165
Jan
1.26
Feb
Producers
Red
Dexter
,
Lake
Yellowknife
Seagrams
Discovery
Distillers
4%
Jan
50%
Jan
7c
Jan
7%C
Jan
Inglis
10c
Jan
13c
Jan
42c
24
Jan
141
22%
Feb
7 Va
8
305
7%
Feb
8%
Jan
5'r
Feb
Feb
2c
Feb
13'%
Jan
1%C Feb
Feb
12%
13%
120
13'%
Feb
14'%
40c
87,200
26 Vic
Jan
40 c
Jan
10%
405
Jan
11
Jan
2,490
11%
Jan
10
Jan
Jan
Jan
4c
Feb
7c
8c
25,900
7c
Feb
9%c
Jan
60c
58c
60c
2,000
8c
23,000
18
260
10
10%
2,755
4 Vic
8 Vic
60c
7c
17%
4 Vac
500
Jan
COc
Jan
6%c Jan
10c
Jan
16'%
Jan
18
Feb
Feb
11 Va
Jan
Jan
5c
Jan
10
4c
9c
26,500
7%c
Jan
32c
32c
2,500
26c
Jan
32c
Feb
45%
47'%
1.4C5
45%
Feb
47'%
Jan
2%c
2%c
2,000
2c
Jan
3c
Jan
8>%c
— —
45%
15'%c
Jan
8%
8 %
75
3%
Jan
9
Jan
31
30%
31%
725
30%
Jan
32
Jan
Jan
22
21%
22 %
9,253
21
Jan
23 %
14%
14%
14%
I,615
14 %
Jan
14%
Jan
7%
7%
400
7%
Jan
7%
Jan
25%
26
350
25%
Feb
%C
3%c
4c
2,000
3%c
Jan
32
31%
32
675
29 Va
Jan
101'%
L01 %
30
101 Va
Feb
'
—
w
251%
6
11
11
152
1
41c
42c
3,800
4
4
4
Jan
27
Feb
101 %
class
Jan
12
Jan
Jan
49c
Jan
50
4
Feb
4%
Jan
Preferred
100
Jan
International
100
Jan
International Nickel Co common
Milling
27c
28c
2,550
27c
Feb
36c
Jan
Jacknife
30c
Feb
420
Jan
Jack Waite Mining
20 Va
Jan
21%
Jan
17%
Feb
21%
16
75
16
Feb
17%
26%
350
26
Feb
28%
102% 102 %
i /2
A
20
104
104
31%
115-
104
32
preferred
Feb
40c
1G
Meiais
Jan
67c
9%
Jan
4%c
32
26%
Preferred
Jan
Jan
101%
Jan
103
Jan
100
Jan
104
Feb
Jan
__
36c
21%
3514c
20%
38c
2114
18%
32,700
1,810
120
Feb
705
27
Jan
1.80
1
.
,
6%c Jan
International
7%
—a
28V4
•
*
__
7%
50
30
28
30
28%
7%
7%
195
1,185
100
5
10114 101 Va
100
Feb
7%
Mines
27%
...
Jellicoe
.—1
Joburke
Feb
Feb
Keiore
28%
Feb
Feb
Feb
5
Jan
Jan
Kenville
21
25
Jan
21c
Jan
35,360
20c
Jan
16,166
4%c
Jan
27c
lie
27
%c Feb
lie
Feb
II,750
10c
Jan
12c
Jan
73c
32,300
67c
Feb
82c
Jan
5c
3,000
4c
Jan
5c
6%c Jan
10'%c
Feb
Jan
7c
6%c
8%c
13,500
45
45 Va
70
43 %
Jan
48
Jan
4%c
4%c
8,000
4%c
Feb
6 Vic
Jan
18%
17%
13%
5,175
17%
Fob
19%
Jan
1
Gold
4%c
1
1.33
1.28
Jan
1
Ken-Addison
;
Lake
514
115
5%
Feb
Kirkland
21
21%
2,457
19'/a
Jan
22 Va
Jan
Kirkland Townsite
Jan
36
Jan
30
Feb
Labatt (John) Ltd
•
Labrador Mining &
8,100
1.27
Jan
1.44
500
11 %c
Jan
14c
Jan
19','2
20
435
19 Va
Jan
20
Jan
Jan
26
1.34
11 %C 11 Vic
1
33 V 4
•
3414
341b
35
625
Dominion Tar & Chemical common...*
30
30
30
75
Voting trust certificates—__
27 lb
271b-
500
26%
Jan
27%
Feb
11%
550
11%
Feb
12
Jan
11%
Lake
Dufault
19%
,—1
4.50
4.50
4.65
2,860
4.50
Jan
5.30
1
10 %c
9%c
13c
152,600
3'%c
Jan
17c
i
1.12
1.10
1.18
11,700
1.06
Jan
3c
Exploration
Jan
Gold
Laeuerre
11%
•
16c
45
•
514
com..—1
Jan
700
4 Vh C
—
—.
Jan
8%
103
Jan
7%c
8c
Kelvinator
7%
Jan
10%
Feb
67c
68c
Mines
30
Jan
32%
Jan
5%c
10 %c 11 %c
(1939)
Kayrand Mining
Feb
Jan
8%
500
25 %c
Quebec Mines
26%
31V8
4,267
26 % c
Gold
7%
G,6o9
9%
5%c
18 % c 18 %c
•
III
—_
—
Ltd
Mines
Jan
30
101 V 4
_
10 %c
Feb
120
—
32 '.4
9%
5%c
9 %
Petroleum
Gold
Jaculet
Toliet
Dominion Textile common
27
4%c
45c
International Bronze Powders com..
6c
1.60 Feb
3,348
20
Dominion Stores
2,000
Feb
24
Jan
Jan
10'%
100
Mining
40c
120
Dominion Steel & Coal class B
1%C
Jan
4c
8'%c
-•
common
preferred
(John) & Co
1,500
27%
L
23
2,500
23
Feb
1
7,900
3,900
50c
27
Magnesium
16
425
4%c
Feb
25
1.70
120
Dominion Malting preferred
Dominion Scottish Investment
683
26%
%C
8%
Acceptance
614c
171b
Dominion
Jan
12%
1
Lake
Indian
Industrial
6c
27
Dominion Fabrics 2nd preferred
Dominion Foundry & Steel—
Feb
19 %
8c
Jan
16c
Jan
13c
120
common—.
6c
Jan
Jan
31c
.
40c
10
Dairies
Feb
18c
6c
£1
Inspiration
Jan
49'.'4
18%
Dominion
4'%c
510
3%c Jan
1
preferred
Jan
•
Bank
5,500
30c
•
*
Preferred
Jan
Jan
Dominion & Anglo Investment com..--*
Dominion
6c
18%
Feb
2,600
10
Oil
—•
Imperial Tobacco of Canada ordinary_5
1.65
2
Dome Mines Ltd
Jan
4,538
A
49c
1
!
Jan
19c
35 %c
1
.
1.67
1
1
-
16c
Feb
17,100
*
1
—
Jan
16c
13%
-
7%c
Mining <sc Smelting
•
Ltd--.;
Lake
Red
7c
1,150
4c
Bank
17c
Jan
34c
8,500
33,100
1%C
10 %
class
Ltd
53c
14c
50c
22%
15c
13c
16c
25
17'%
Hugh Malartic
Hunts
8
31c
15c
•
Mines
Delnite
Detta
Ltd
43c
38c
—
Mines
Bay
International
Decalta
Feb
6'%c
Conaol
Imperial
Imperial
Jan
10
1,033
4,000
11,000
10c 1014c
36c
4c
1
Yellowknife
Jan
Feb
221b
1
6%
100
6%
7,400
6c
Daucii
&
Jan
103
Feb
100
40c
36 Vic
1
Highland-Bell
Hlghridge Mining
Jan
Feb
55c
A
Feb
Jan
9%
Feb
163%
Gold Mines—
10c
6%
6%
Heva
18c
98%
6VV
Jan
Feb
1,775
Feb
Jan
4c
Mining
62c
1.15
Jan
98% 100%
4'%
13%
Jan
Jan
99
Feb
Jan
Jan
%
6c
Jan
13c
10%
4
13
36 Vic
Lake
8c
12c
Feb
10'%
75
80
21
10%
Gold
Red
Feb
„
Feb
4'%
4
36c
Gold
4V2C Jan
15c
Petroleum
Mines.
8%
56c
Jan
13%
23
4 %6
—
Gold
13c
55c
15 %
43'%
4%c
18 %
Carpets
Headway
60c
Feb
Jan
Jan
18%
-1
Alaoaatiae.
Hamilton Cotton
Jan
11,056
4,500
3,963
2,166
20c
14'/«
40
10 %c
12%
Jan
55c
55c
65
Jan
16c
Hamilton Bridge
2.22
83c
5c
10%
Jan
3.35
13 '/a
—#
16%
75c
5c
270
11c
„
Feb
Hollmger
4%c "
Jan
625
3.344
Gold
Homer
—
17c
17c
15%
43'%
26%
Jan
—
Jan
42
common
Jan
75c
Jan
10%
36c
Preferred
Halcrow Swayze
5c
54c
—
At
Jan
Feb
53
Jan
14%
—-
—1
Gold
2.02
Jan
Jan
10
690
-1
15%
Jan
Feb
52'/a
70
10%
-1
Lime
Halliwell
Jan
91%
10%
.10
Mines—
Lake
Feb
1.16
Feb
2%c Jan
Jan
Jan
7%c
Jan
15c
Feb
14%
Lead
Jan
6c
1.78
Feb
90
17c
Gunnar Gold
Jan
20
15%
common
Guayana Mines
Feb
Jan
91%
2.51
4%
Jan
1.15
4'%c
52%
Great West Saddlery
Jan
4%c
3Vac Jan
10 Va
Greening Wire
14 %
12 %c
13,500
43
Paper
Jan
7%
Jan
4c
Bousquet
Lakes
Guaranty Trust
72c
6c
52 %
Preferred A
53c
15c
Class
Jan
Feb
100
-
class
1.08
Feb
55c
Leather
Jan
5c
1
Davles
Great
85c
51c
—
53c
•
D'Aragon Mines
Davis
Graham
Jan
1.30
100
Patricia
Jan
1.52
SOO
•
1
Crowshore
2.50
Feb
40 Vic
Pershing
Nest
Jan
1.20
Jan
4%c Jan
5%c Jan
Jan
2.20
10%
1,000
10'a
-50
3,500
150
16,250
1,000
—
Craig Bit common
Crow's
13%
Feb
23,400
5 Vac
3%c
3%c
Mackay class A
103,910
A
Mines
10%
High
2,500
2.92
91%
1
Preferred
Gordon
18c
5
Smelting-
Corrugated Paper Box preferred-
Crolnor
Feb
1C3
Sl%c
8%
55c
1
Exploration
Crestaurum
Jan
Low
7c
2.65
•
Gooayear Tire & Rubber com.
8%c
8%
51c
5c
1
-
Consumers Gas
Conwest
101
Feb
32%
Jan
15%c
—
,_l
class
31
1
Mines
18c
*
—
&
Gudora
1.00
1
—
—.
Mining
Jan
150
•
Howey_
Consolidated Lebel Oro__,
Consolidated
Jan
1,100
_2
Mines
Consolidated
16%
Range Since January 1
High
6 %c
2.75
Goldhawk Porcupine
1.05
1
—
Feb
1.42
1
Homestead
Jan
103 %
1.00
Astoria
Consolidated Cent Cadillac
154
Feb
18
Maxntou
1.42
Ansley
Consolidated
Feb
101%
1.35
16
15c
4c
1.30
Low
1
.
151
4'%c
2.02
Shares
5 Vac
Arrow
Cuaen
8,680
6,775
1,345
8,000
7,100
48c
2.08
16%
16c
40Vic
Golden
—
Consolidated
Consolidated Duquesne
J3,500
Jan
1.00
5
„
Beattie
50
17%
Jan
15%
1.42
Consolidated
Consolidated
3,0U0
for Week
Par
High
*
—,
Mines
Coniaurum
40'/2c
2.02
16j/4
•
Oils
Coastal
35
2.45
•
Leduc Oil—
Citralam
10
2o
1.20
1,35
86c9i'%c
15 %c
16c
6c 6 Vic
Caoue-xrechewey
Chatco
7,368
—20
Cardy Corp class A
Central
So
20
17%
32
103
•
preferred-——.,-100
Canadian Utilities
Central
151
152
101% 103%
17%
32
*9
Corp
Tire
1,205
1
Range Since January
Low
16%
16
17%
32
Canadian Pacmc Railway
Canadian
16
152
101 Vie
—.—————100
—-—,-.100
preferred
preferred
8%
'
•'
common
Sales
Range
of Prices
STOCKS
High
Low
Par
Week's
Last
Sale Price
Friday
Sales
for We< k
STOCKS
MARKETS
LISTED
CANADIAN
Monday, February 13, 1950
FINANCIAL CHRONICLE
Mines
—
1.34
Jan
Jan
Jan
10%
Jan
Lake
55c
53c
58c
30,100
52c
Jan
60c
Jan
Lake Lingnian
•
20c
17%c
22c
192,300
15% c
Jan
22c
Feb
Lake
Shore
Mines
Duvay Gold Mines
1
614c
6c
6%c
9 %C
Jan
Lake
Wnsa
Mining
1
12c
lllbc
13c
17,700
8,600
Feb
East Amphl
HV2C
Jan
14c
3 Vac
10,000
35%c 36%c
13,450
35c
Jan
43c
Jan
13 %
2,525
13
Feb
14%
Jan
52c
55o
18,225
50c
Jan
64c
Jan
2.00
10%
1
3c
2.06
1,120
5%c
Jan
Jan
Dominion
Donalda
Woollens
•
Mines
Dulama
Gold
Mines
Ltd
„
250
10
Jan
6c
La
East Crest Oil
•
Leduc
__
2,000
Jan
Gc
Jan
Lamaque
23 Vic
Jan
28c
Jan
2.05
Jan
2.35
Jan
2.27
2.10
2.30
Mines
__1
4.70
4.50
4.80
28,315
4.50
Jan
5.30
Jan
Larder
•
5%
514
6%
785
5%
Jan
6%
Jan
Laura
Investment
25
-
__
1
53c
45%
4514
50
45%
Feb
46 %
Jan
Gold
"U"
-1
Eldona
3814c
\
Gold
El
Sol
Gold
16
16%
470
Feb
Leltch
39c
8,263
36c
Jan
42c
Jan
Lexindirv Gold
Feb
43c
Jan
9c
Jan
16%
Gold
32c
28c
35c
165,100
8 Vic
8c
814c
10,833
8c
7!bc
9'%c
33,SCO
7%c
Jan
9%C
Jan
11%
11%
5
11
Jan
11%
Feb
Class
38c
Jan
61c
Jan
London
714c
_2
Coip
11%
43c
1
Famous
Nickel
4114c
1,700
43c
Little
—
Grain
class
4.20
4.40
1,385
4.20
Feb
4.60
Jan
935
14%
Jan
16
390
34',2
Jan
36%
Feb
Jan
10%
Jan
Mac Don a Id
Feb
Macfie Red
Federated Petroleum
•
2.51
common
9%
10%
1,310
9
123
124
85
117
Jan
Jan
5%c
6!4c
13,000
5 Vac
2.51
2.90
20,300
2.05
Jan
_*
Flash Fasteners preferred
Fleet
Co
Cos
Jan
12%
Jan
125
1.25
27
__
*
Gold
Froblsher
7%
570
125
—
Francoeur
GO
12%
1.25
•
B
Foundation
8
12%
•
Ford Motor class A
Fraser
__
20
Manufacturing
Class
8
»
Class A
;
preferred
__
_100
Exploration
•
100
,
-
2.37
125
Feb
124
6%c
Feb
2.90
Oatlneau
5%
Power
•
com
preferred
100
Bakeries
Macassa.
Petroleum
General
Class
common
-
*
*
Products Mfg class
A
Mines
_
100
Steel
Macho
River
_
_
8
'
12 %
170
McMillan
Feb
Class
Wares
common
Feb
82c
Feb
6c
<16,000
50c
53c
22.080
Jan
2914 .Feb
31
30
Feb
30
Feb
8%c
Jan
13c
98
Jan
98%
Feb
2.60
Jan
98%
10
2.32
2.40
3,000
2.30
Feb
Goldfields
Malartic
32
Jan
Jan
31'%
Jan
Jan
6
Jan
9
9%
315
9
Jan
9'%
Feb
18 Vic
22c
179,100
13c
Jan
22c
Jan
16c
Jan
13'%c 15%c
_
17%
Jan
19
Jan
Martin-McNeely
35
105%
Jan
107
Jan
Massey-Harris common
2
Jan
2%
Feb
_
—
_
—
675
_
—
—
1.15
1,200
1.05
1.15
3,750
30
75
105% 10514
55
18%
0
1.005
1.05
Jan
1.05
Feb
29%
Feb
IOO
17'2
6.10
1.25
1.20
31
Jan
McBrine
Jan
McColl-Frontenae
Jan
Jan
105%
Feb
Jan
18%
44c
Jan
80c
Jan
Jan
5'%c
7c
12,500
5c
Jan'
7c
Feb
12c
13c
25,500
12c
Feb
17c
Jan
.
2.64
2.60
2.78
95,755
2.11
Jan
9%
10
450
9%
Jan
10
Jan
8
3
8
1.500
7%
Jan
8
Jan
2.85
2.96
7,650
49c
52c
71,200
2c
2C
2c
2,000
15%
15 %
120
2.85
31c
Feb
Jan
2.78
3.15
55c
Feb
Jan
Jan
Jan
2.95
Jan
3.45
2c
Jan
3c
Jan
15'%
Jan
10%
Jan
20
--
-
6c
Feb
6.60
Jan
7%c
Jan
•
common
_
—
Jan
13 %C
Jan
5c
1.370
5c
24' !>
5,130
21%
27'%
27,,;»
630
27 %
17
17
45
17
14
15
2,505
14
Feb
16%
98 %
14
3%
6,500
5c
27% '
400
5,750
15c
24%
24', i
9%
5%c
14c
.—100
-
9%
9R%
65
97
Jan
99
Jan
12c
1.000
10c
Jan
12c
Feb
12c
Feb
Jan
9%
1
—
-
15
4%c
5c'
—1
-
_
_
-
—
McDougall Segur
Mclntvre
Red
6c
15'% c
Feb
Jan
Jan
Jan
6c
Jan
25 %
Jan
2814 .Jan
Feb
17
Jan
-Feb
Jan
2%c
8,500
2c
Jan
3%c
Jan
McMarmac
Red
63c
6,559
62c
Jan
65c
Jan
McWatters
Gold
36c
5.700
Jan
36c
Jan
Merctirv
15c
950
15c
Feb
17c
Jan
Mid-Continent
8c
8c
500
6c
Jan
8c
»Jan
Cold
1
4%c
5c
5,200
4%c
Feb
6c
Jan
&
5%c
1
—
Lake
8c
6c
—
*
—
•
5%
5%
•
1
Jan
60c
Jan
7c
Feb
8c
Feb
9%c
Feb
1,000
8c
Jan
9'% c
Jan
»
53c
10,259
7c
107,300
5%
1.20
*
3'L-c
16
1.20
1.35
880
•
5,000'
3%c
16
,
«
Pacific^ Grain
67
Jan
Jan
8c
*
Oil
Jan
47c
3%C
12,720
8'%c
8c
51c
—
Mills
Brick
62%
6C
_5
1
_
190
61
64
1
_
_
_
62c
Milton
—
Lake
Gold
Midland
—
Porcupine
McLellan
15c
17,620
Feb
Jan
Jan
Feb
Preferred
34c
42.
56c
2.70
12%c
preferred
(L)
1
page
2.33
13.100
•
Preferred
1
see
9.502
51c
—
255
Goldale Mines
__
2.25
3.25
-—1
—
Goldcrest Gold
Mines
7,300
13 Vic
2.45
m
Gold
2'be
__
Jan
Feb
P
32c
•
55c
5'%
3.05
Maple Leaf Gardens
McKenzie
Gold—...
Jan
30%
3.15
,
107
18%
6,000
62c
Feb
45c
31
2.89
Eastern
&
21b
18
7,364
1
7c
85
51c
•
Manitoba
10614
7c
1
Feb
535
1
Maralgo Mines
145
10,150
6.25
Gold
5c
400
Maple Leaf Milling:
Jan
30
13c
7c
Oil
1.29
Feb
30
12c
18%
•
Feb
Jan
0
31%
31%
1
Consol
Jun
29%
1 1.10
105%
Jan
6
31
30%
1
Madsen Red Lake Gold Mines
Magnet
30
6.10
footnotes
_
_
Jan
75
7c
ipor
19%
1.15
7c
9%
1
Mines—
A
Jan
3,736
6.20
Eagle
Feb
Jan
8.000
40,250
51c
_•
31
1
Lake
Lake
_
Gold
class
Export
2914
l
God's
19%
74c
82c
1.29
2.46
1
B
31
Giant Yellowknife Gold Mines
Globe
19'2
78c
1.15
15c
•
Feb
27
Gillies
Glenora
17
1
Lake
24
1.15
*
Preferred
General
Jan
'
A—
General
__
Jan
15%
50
1
Mines
2%
__
.*
4%c
580
1
Lynx Yellowknife
Marcus
General
*39,500
Feb
1.70
100
98%
30
•
Feb
6c
•
Ma cLeod-Cockshutt
Fittings Ltd
Jan
16%
19c
-l
Goldfields
Louvicourt
15%
__
5c
9'%
if
——
■■
.
36%
__
Jan
6
m
15
10
4c
31
-
—
36%
1
2,100
30 Va
A
•
B
15%
100
Jan
£%c
5c
50c
Hosiery Mills common
3614
—;
Jan
19%
5c
•
Groceterias
Jan
•
,
Preferred
Federal Kirkland
7.35
Feb
1.21
•
Loblaw
1
common
Jan
18 %
16
.—1
.
I,ac
Long
•
Players
Fanny Farmer Candy Shops
Federal
4.20
•
6.50
100
19%
1
Class A
Falconbridge
305
Jan
15% Jan
28c
1
Equitable Life Insurance
Jan
6.50
18%
78c
*
38c
•
Pen-Rey Mines
2.40
5c
& Jones class A
1
El
Eureka
1614
20
Elder Mines
Feb
16%
Mines
Secord
Lawson
2.00
4'%c
—:—
Leduc-West
Eddy Paper class A
13
6.50
Lapaska Mines
1
East
Economic
13 Ys
Lang & Sons
5c
Mines
Steel
35 % c
18%
5%c
5lbc
East Malartic
Sullivan
1
i—1
Mines
Luz
3,500
25,770
Eastern
Gold
251bc25lbc
•
East
Fortune
.
65
4.400
61 %
6
Jan
Jan
4c
Jan
Jan
16 Vi
Jan
Jan
1.35
Feb
5% Jan
3c
16
1.10
Volume
171
Number 4881
THE
COMMERCIAL
&
CANADIAN
FINANCIAL
LISTED
CHRONICLE
Friday
Week's
Mining
Corp
Model
Range
Modern
Monarch
Works
Knitting
*
Moore
34c
500
4
4 "4
-
■
10
10
1
Myiamaque Mines
National Drug & Chemical
1
_
National Grocers
32c
«
Peiroieum
__
•
-
a
-
Alger
Jan
Rlaaen
Slater
<N)
21%
1,725
20%
Jan
22%
Jan
77
270
75%
Jan
78
Jan
South
26%
90
26%
Jan
27
Jan
Stadacona
39c
84,450
16c
Jan
39c
Feb
7c
1,000
6C
Jan
7c
Feb
9%
430
8%
Jan
9%
10%
Jan
11%
Jan
11%
175
28%
23%
28%
5
22%
45
22%
23%
3.425
11
New
Rouyn
Jan
12%
Jan
Starratt
Feb
28%
Jan
Jan
30c:32 %c
3,200
1.50
Feb
38c
Jan
19%
Jan
21
Feb
50
27%
Jan
29
Jan
Stovel
1.55
7,802
8c
8c
833
3.45
Jan
1.68
9c
Jan
8,523
35c
Feb
15,100
60c
Jan
88c
Jan
Taku
7c
6V2C
8c
19,000
6%c
Jan
3c
8%c
Jan
3c
1.000
3c
Jan
5c
3 %c
Jan
3'Ac
3%c
49c
1
Mines
Mines
23,614
8c
Jan
Jan
5.-550
6c
Jan
7c
Jan
Tombill
8,575
9c
Jan
10c
3c
3.500
2%c Jan
4c
Jan
54c
63,300
1.10
100
40c
Jan
-1
*
•
Ontario
Beauty
-2
Ontario
Steel
Lake
1
1
•
Tubes
Mines
•
Ltd
Oil
•
Mines
—
1
.
Malartic
Paymaster
Gold
General
Jan
68%
Jan
2,250
3c
Jan
3%c
Jan
60c
Jan
2.65
70c
2.63
2.70
7,563
2.61
4%c
4%c
6.500
4%c
e%c
8C
19,700
39c 40 %c
2,407
39c
2,609
7'Ac
A..;.-
66%
Oil
Photo
-1
Engravers
&
Gas
Piccadilly Porcupine
1
Pickle
Porcupine
Gold
Mines
Powell
1
Peninsular
Porcupine
Reel
Gold
Traders
Jan
45c
Jan
Feb
2.450
6'eC
Feb
4,300
7c
Jan
I,240
6
6
400
1.83
1.87
6,530
1.90
1.87
2.15
11,800
17'Ac
17 %c
18c
3,000
17c
Feb
3%c
4%c
6,925
2%c
3%c
5%c
17,900
8%
8%
70
6%
8 JaC
Power
Corp
Premier
Pressed
Purity Fiour Mills
Preferred
—
Jan
2.05
Jan
1.65
Jan
2.24
Jan
United
22c
Jan
United
5c
Jan
United
Upper
3%c
Feb
8d.
Jan
8%
Feb
8%
Jan
5%
2nd
Senator
Bhawlnigan
Water
9%c
Sheep
Silanco
Silver
Miller
Mines
Silverwood Dairies
class
A
29 %c
Class B
Oils
For
footnotes
see
page
42.
28%
Jan
30
Feb
260
26
Jan
28%
Jan
54
S3
52
Jan
55
Jan
21%
Feb
22%
Jan
Jan
4.30
1
Feb
55%
Feb
Feb
63c
Jan
•
19c
Jan
3.35
6.45
6.45
6.40
'26c
20c
Feb
21c
Feb
3c
500
2c
Jan
29
Feb
3c
Jan
Jan
9%c Feb
4
%c
Feb
Jan
80c
41c
33,600
35c
ian
39c
30c 31Vz c
7,000
20c
Jan
"
..
;
& W)
•
*
(G
Ashley Minerals
32
47,500
15
25
8.50
8.40
9.10
13,170
28%
37%
38%
6,875
9
9
50
7c
Grocers
Feb
7,700
86'c
Jan
1.10
76c
Jan
1.05
Feb
3,500
6c
Gc
1,000
50 %
51
160
7 %c
9c
7,975 '
common
—•
30%
30%
100
30%
'
33%
34
1,750
•
24
24
24%
485
—100
101
100%
101
65
1
(George)
9'Ac
1_
common
A
Wiltsey-Coghlan
Winnipeg
9
%C
11c
II,560
,.1
5c
5%c
13.500
1
5c
5c
6,000
Gold
Electric
•
common
33%
34
34
7.05
Jan
3c-
Feb
41c
32c
Feb
Jan
20
Jan
32
Feb
14%
Jan
151/4
Jan
Feb
9.50
Jan
36
Jan
38%
Feb
9
Feb
9%
Jan
7c
Feb
5c
Jan
8.40
49
Jan
8%c Jan
9c
Jan
51
Jan
7%c Jan
9%c
Jan
30
Jan
31
Jan
31%
Jan
24
Jan
26
Feb
101
100%
34
Feb
Jan
%
Jan
9%c
Jan
12c
Jan
4c
Jan
5%c
Jan
4%c Jan
6'Ac
Jan
Jan
909
33%
Jan
37%
100
575
99%
Jan
100%
Jan
4c
1,000
4c
Jan
4
%c
Jan
Feb
120
Feb
4,400
7 %c
Gc
50%
1
A
2,578
15
*
—
6.80
26
*
Preferred
Jan
45
Jan
3,50 Feb
Jan
38c
Products
Weston
27
7%c
Jan
Jan
7%
Feb
3c
38c
—1
.
Cotton
(Hiram)
Class
Jan
205
40
Preferred
100
Winora Gold
Wood
100
99%
1
'Alexender
&•
James)
4c
pfd—100
115% 115%
Wool Combing
5
15%
Jan
17%
Jan
Wright-Hargreaves
•
2.18
52
Feb
52%
Feb
Yale
1
13%
Jan
Yellorex
Yellowknife
13
13
13'A
1,240
12%
Jan
1.80
1.79
1.87
6.425
1.71
Jan
18 V4
1.90
Jan
18'4
1,100
18%
Feb
70c
18%
2,000
70c
Feb
1.00
65
47'A
65
&
115%
Jan
27C
26c 27%c
7,000
26c
Feb
30c
Jan
17c
17c 18 %c
8,000
17c
Feb
21c
Jan
1
Mines
25
3.960
1
Zinc—
15
2.20
75c
75c
11,120
75c
Jan
92c
Jan
15
2.07
Feb
15%
Jan
2.27
Jan
Jan
Jan
634
Lead
10
15
2.15
Jan
80c
6'A
47%
6%
Feb
8%
Jan
48%
Jan
5,100
17c
Jan
20%c
Jan
1.03
Jan
Jan
1.17
Jan
18'A
Jan
23%
Feb
69c
Feb
97c
Jan
1.02
G9c
78c
41,700
10
100
9 %
Jan
3c
3c
2,000
2%c
Jan
10
3c
Toronto Stock
9'A
9'4
50
9%
Jan
10
Jan
12'A
25
12%
Feb
12%
Feb
7c
Jan
9c
Feb
7%c Jan
14c
7c
9c
9,400
9c
9c
500
30c
30c
37c
32,700
27%
27%
27%
630
9.15
9.05
9.25
II,920
24,400
30c
27%
9.05
Feb
Jan
49c
28
Feb
9.80
Jan
Jan
12c
13c
10c
Jan
18'Ac
3%c
3%C
3%c
4,000
3c
Jan
4%c
19%
3,700
17%
Jan
19'A
Feb
14%
13%
14%
300
12%
Jan
14%
Jan
31
31 %
155
27
Jan
31%
Feb
15%
Feb
15%
520
14
Jan
90
202
85%
Jan
90
52
50%
50%
Jan
52
52
315
3.75
3.80
880
5c
5%C
9,000
27c 28%a
10,500
24 %
47%
1,330
245
1.13
-1.15
GOO
Asbestos Corp
British Columbia
Brown
Co
361
25%
25%
26
325
preferred—100
145
142
145
40
4%
12,094
Range Since January 1
Low
High
5%
Jan
24%
Jan
135
Jan
Jan
6
26 3
a
4%
3%
102
96%
104
620
92
Jan
•
22%
22%
22%
1.215
22
Jan
22%
12%
13
459
12
Jan
13
103% 105%
10
105%
Feb
1
Sugar
*
--
3%
4 Ve
Jan
Jan
Feb
145
100
Vinegars
Canadian
Bronze
Jan
Canadian
Faixbank's
Preferred
Canadian
Feb
Feb
preferred
Morse
100
Jan
Feb
104
Canadian
Feb
Feb
Canadian
Vickers
Canadian
Western
—
Lumber
42
35
39
Jan
42
135
5
135
Feb
135
23
23
265
22'A
Jan
24
3
2%
3
1,730
2%
Jan
*
90
90
90
35
3%
•
Paper
•
Dalhousle Oil
Dominion
42
—1
...—
•
Bridge
•
T
Jan
4.05
Jan
Dominion Glass common
5%c
Feb
6%c
Jan
Foothills
27c
Feb
32c
105%
125
100
common
Marconi
—
23
com—„—*
i.
Industries
—
—
—
18%
—
43
3%
"3,800
18%
19
"5,794
38c
40c
7,700
43
43%
415
89
3%
Jan
Feb
Feb
Feb
Jan
3'A
Jan
Jan
-94
Feb
Jan
3%
17%
Jan
..19 y*
Jan
38c
Feb
45c
Jan
40%
Jan
44'4
46
Feb
46
Jan
Jan
3.65
24
Feb
25%
Jan
47
Feb
48'A
Jan
Hayes
1.13
Jan
•
Steel
1.2C
Jan
Paper
Jan
M
2»
20
Jan
20
Jan
Ogiivie Flour
21%
24%
1.535
20
Jan
21%
Feb
Oil
Feb
Pend
Jan
Price
Jan
Southmount
21%
-21%
8.25
8.25
200
25c
30c
57,053
25c
60 %C
63c
160,200
48c
19%
8.00
Jan
Feb
Feb
Jan
9%
585
9%
Jan
1.
307
7
Feb
2.38
21%
8.85
38c
64c
10
7%
Feb
&
O
Bros
Southwest
Feb
4.00
Feb
27%
80
27%
Jan
28%
39%
41%
8.360
37'A
Jan
■i*l %
Feb
21%
1,915
20'/a
Jan
22'A
Jan
51
51
15
51
Feb
52
Jan
18%
18%
18%
2.910
20
20
20
100
...
.
3-%c
3%c
1.500
:
5.60
5.65
"710
65%
66
150
42%c42%c
415
*
—
1
5.60
*
Investment
—
*
....
*
Jan
Temiskaming Mining
1
Jan
Twin
•
City
Jan
20%
,..100
—
Petroleum
3.15
41%
5
Oreille
75
10,831
20%
common
—
46
4.00
5
Paper
Selections
46
3.75
7%
common
Utilities
Langley's Ltd preferred
66,424
Jan
—
3.70
27%
International
20
1.91
r*
.....
Oil
2.35
ft
6%
i.
20
■
High
5%
——*
Pulp
Dominion
2.19
7
Shares
Low
common
and
20
S%
for Week
6
*
Preferred
Canada
2.30
560
Sales
Range
of Pi iocs
Par
Andian National
Jan
18%
89%
Wwk's
Last
Friday
Jan
19%
90
Exchange-Curb Section
Sale Price
Jan
£%e
24
78c
Canadian Funds
STOCKS
Feb
Feb
12'A
47
Mines
Jan
23,400
76c
Bear
Jan
47
10
9%
3.60
1
Clas-s. A
55%
68c
16-A
*
65
27%
53%
-
Amulet
54c
42%
52'4
*
30
27%
25
,
Winchester Larder
62 %C
Feb
Jan
29%
1
Win gait
1
•
Feb
16%
13%c
54
•
Jan
26c
173
Jan
Jan
27'A
Mines
Feb
21%
Jan
14%
He
29%
Gold
1.95
1
4,000
)
3.45
1
15
10,270
lie
Feb
Jan
52
...
Mining
173
16%
11c
2.91
1
Voting trust-certificates
Sigma .Mines (Quebec)
172%
173
16%
16%
99,637
Jan
21%
Jan
*
Mines—
1.80
1G%
*
Jan
59c
3.50
__20
.
Feb
28 %
3.15
Canada
International
preferred
Sicks*, Breweries common
50c
Jan
Feb
Feb
3.15
50c
Jan
25%
49'Ac
6%
1,960
,
Jan
1,737
190
2,600
24'A
9c
18,200
17,250
1.95
47%
Jan
Feb
28
7 %
3.45
28c
Jan
12%
51c
25c
8c
5'Ac
35c
Jan
108
Jan
7
1.85
12c
7c
Jan
12
Jan
Feb
22c
3.30
1.05
Jan
11%
108
Jan
10%
170
50
preferred
Western
2.000
1.36
"
A
Jan
4 %c
Feb
22c
3.45
•
Sherritt Gordon
*
*
Western
42C
Jan
18c
27
—100
34c
63,367
Jan
17%
•
9c
50
Shirriff's
preferred—.
Feb
9'Ac
11
9c
Feb
Jan
49'Ac
1
10
1
Creek Gold
141,000
•
7,000
1
com
50c
1
29
1
Power
41 %C
28
30c
Violamac
24%c Jan
15
&
41 %C
•
•
West Malartic
21C
49
Preferred
A
Feb
Jan
Feb
6c
17
5.000
Wekusko Consol
29
70
8C
Westee)
20c
110
7 %c
Jan
2.620
100
12
108
3C
Jail
58c
11%
12
108
12
1
Ventures Ltd
•
Rouyn Ltd
11%
4%c
85c
1
Jan
Jan
6%
1
Gold
Jan
167
3%c
•
Mines
10
32
Jan
10
Antonio
200
170
%q
31
Jan
•
Consolidated
San
10%
170
Feb
29
preferred
Sannorm
10%
170
•
Jan
1,330
99
Jan
Jan
3.20
Steel
Canada
St Lawrence Paper 1st preferred
2nd preferred
1.20
Jan
44
Jan
*
preferred
4,700
3c
21,700
__1
1.34
6,400
14
Feb
39
♦
common
1.23
3c
*
1st
1.28
17c
Quinte Milk class A
St Lawrence Corp
12'Ac
2,000
45
1
53,000
2.00U
24,940
common
25
18c
44,200
23%
Mines
17
16c
3c
21%
Chlbougamau
17
17c
3%C
71c
Industries
8c
3c
22'A
Russell
6c
Waterous Ltd
1
Rupununi
Jan
8c
50c
Feb
Feb
•
Rovbar
Jan
2.97
Feb
75c
1
12c
29'A
1.58
54c
Jan
75
47%
30
Feb
1.66
6,130
Jan
55%
5c
Feb
3.05
Jan
1.10
—*
2,500
Jan
Jan
1.45
29%
3'Ac
——1
%c 14 %C
2.70
3c
13,000
10,250
2.98
1.23
73c
*
5c
1.58
,
1.45
Jan
Feb
29'A
44%
95c
Co
4 %c
1.46
2.35
43c
2.99
65,478
Quemont Mining
Quesabe Mines Ltd
E&nk
Feb
23c
104,919
Roy a lite Oil
4%c
1.58
1.15
Royal
Jan
7,000
47%
1.05
Lac
3%c
8,400
20c
3c
Jan
Oils
Walker
44 'A
73c
2.99
3,000
1.38
6%
Feb
105
Jan
11.380
Feb
2.40
6.500
4.90
31c
Feb
Jan
44c
26,170
583
29 %c
22
103
18,890
4.10
Jan
3%C
•
GC
21 %
4.25
20C
Jan
Jan
3.70
Waite
1.45
Feb
6c
21%
Wabasso
46
21
102%
3.70
Vulcan
1.05
Gold
2.43
I,575
•
Jan
1
Oils
Feb
2.46
-
Hill
Jan
19c
Long
106%
1
Keno
Jan
83c
common
Jan
43c
*
Class B preferred
8c
76c
Rochette
1.80
1.24
17c
(Little!
101%
Jan
2.35
Resources
class
Jan
38c
A
Jan
43c
—
Fuel
Jan
79'Ac
Gold
Jan
17%
1,096
2.45
Corp class A
1.07
46
-40
——
72c
Jan
102 106 %
105%
50
Class B
5'Ac
1
Roche
Feb
United
8'Ac Jan
4.75
*
Quebec Manitou
Queenston Gold
Roxana
6
5,200
1
Class
Jan
5.500
73c
„10
Labrador
Robinson
Feb
5%
11,400
4.30
*
—
common
Feb
16%
Jan
11%
1
Proprietary Mines'
Prospectors Airways
Reno
9%c
Jan
1
—.
Preston East Dome
Quebec
Feb
6c
*
Metals
65c
100
*
.
1.16
100
Trust
29%
3,000
Jan
Mining
1.11
85c
Jan
45
67c
16%
5%
—100
Gas
5%c
44%
1
27%
28%
65c
16%
65c
Feb
Villbona
54c
Jan
5%
common—
class
Tobacco
Union
Union
10
105
8%c
40
1
Voting trust certificates
Tuckett
Jan
Jan
8c
6%c
50
40%
40
Finance
11 %c
Jan
5%C
4.35
14%
40
Petroleums
United
1.12
Jan
1
Transcontinental
97,300
—
13 "2
•
—
9%c
6%c Feb
11%
1.85
Jan
1,585
Jan
10c
1
■.
common
28%
90
5'A
'
Jan
7%c
.•
Rouyn Gold
28%
Jan
Jan
29%
Mortgage
Towagmac Exploration
5c
8%c
I
River
Powell
A
2.80
6%C
•
Crow
Jan
Class
Toronto
Jan
9C
2Gc
V
Pioneer Gold
14'A
9%
86
_1
Trusts
Works
Jan
7 %c
Cc
55%
Fetrol
20
•
Iron
88,725
<1
.
87
14
Jan
4 %c
1
Toronto
64c
30c
_
87
8%
4c
Elevators
Toronto
68%
1
Consol
Penman's Ltd
Perron
920
Jan
5%
Toronto
Feb
3%c
1
Mines
Petroleum
Porcupine
9%
2.58
•
Jan
*
Western
Jan
2.40
Gold
1.18
60c
68
2%c
Parbec
10%c
60c
■'
6%
■«
common—
Orange Crush
Paramaque
Jan
Jan
1.08
3%c
Pamour
Feb
62c
160
Torbrit Silver Mines
11%
_*
Pan
4c
•
A
Hershey
12%c
Feb
Feb
Jan
3%c
N
-w
'
Omni t rans Exploration
Page
21%
Jan
14%
14
6c
48c
1
1
Malartic —
Lake
Jan
10c
54c
9
River
10c
3c
61 %c
•
Mines
Red
20%
2,000
6,216
3,500
I
9'Ac
5,500
1.10
to CO
150
12c
55c
9 %
50c
9c
5
Pacific
21%
%C
54c
11
6c
1
3c
-1
Supply preferred
21%
21%
22
•
Tamblyn Ltd common
Teck-Hugiies. Gold Mines—
Thompson-Lundmark
Tip Top Tailors
8c
9'AC
_<!
;l
Oils
Jan
1
6c
8%C
•
Mines
48%
10
108
Sylvanite Gold Mines
38c
75c
Tower
Gold
Jan
48%
6c
Sullivan
35c
1
Star Oil common.
Osisko
Jan
64c
Inca Gold
Orlac
1.32
35c
_1
Denison
48%
48%
Jan
Mines
North
Jan
21
Contact
50c
3%c
Feb
70c
1
North
Feb
Hlc
104'A
Cons Mines
Superior Oils Ltd
1
Gold
36c
Jan
10
Surf Inlet
Feb
07
Jan
Jan
67c
21%
1
preferred.
Jan
Norpick
O'Learv
Press
Jan
3c
1
100%
33c
•
47c
2,000
Jan
108%
Mining
Jan
_•
Okalta
Preferred
Sudbury
99
3.620
Jan
Jan
8c
Jan
195
5
—
steep Rock Iron Mines
28%
1.49
Jan
27
zo
30c
685
31c
Merger
„;
•
——
21
8,800
•
Canada
j)
i\v
33,125
Normetal Mining
Northland
common
common
41c
Mines
Norseman
Canada
1.12
Oils
•
1
28%
__
30
Jan
14,900
•
3%c
-1
O'Brien
New
Feb
of
Gold
38c
Yellowknife
North
23%
Olsen
20%
"A?
1
-
•
Stedman Bros
Steelov
CM O
1
Nipissing Mines
•
—
•
Feb
22
Jan
26
36c
100
1.07
1
Norgold Mines
common
Standard Paving common
1
Mines
•
Preferred
Co
High
28
67c 73 %c
•
Standard Chemical
Steel
100
Low
680
905
33c
•
Mines
3%C
Thurbois
Nicholson
Co
28
Feb
26%
99
48%
Brazeau
1.07
Gold
Pacalta
preferred.
39%C
Norzone
New
Co
22%
22%
30
26
Feb
170
29%
70c
Malartic
Jan
11%
Range Since January 1
High
3Gc
93%
38c
93
1
Marlon
Gold
1
-
New
Northern
Siscoe
—1
Mines
Newnorth Gold
Noranda
Jan
Low
100
Jan
22%
—
Jason
Nib
10%
Shares
29%
Preferred
Jan
11
28 %
_1
Newlund Mines
New
Jan
Feb
33 %C
9
.
Goldvue
New
9%
4%
for Week
26%
Preferred
.—L10
Trust
Bidlamaque
New
100
Jan
m
Car
Mines
caiumet
3
A
B
20
9
—
New
435
Class
1,600
7c
.
—.
.
New
Feb
34c
31c
*
class A
Class B
New
37c
Southam
»
common
20
New
Jan
76
76
5
corn-
Preferred
National Hosiery
Negus
32c
Sales
Range
of Prices
Par
Simpson's Ltd class
93%
11%
National
Feb
26%
•
common
Steel
13%
20%
21
Preferred
National
Jan
93%
•
Mosher Long Lac
National
High
12%
33 %c
Locomotive
Corp
4,395
34c
34c
100
;
Low
13%
Week's
Last
STOCKS
Range Since January 1
High
13
4%
»
common
Preferred
Moneta Porcupine
Montreal
Low
13
—I—1
Tool
Friday
Shares
Sale Price
for Week
of Prices
•
Oils
10
Sales
Last
Sale Price
Par
41
MARKETS
RANGE FOR WEEK ENDED FEBRUARY
STOCKS
(689)
—
—
—
—
27%
40c
7%c
1(>
Jan
17%
Jan
18%
20
Jan
21%
Feb
3%c
Feb
4c
Jan
5.60
63%
Jan
Jan
42'Ac Jan
Feb
6.00 J»n
69%
to
!C^
O
Jan
Jan
500
32c
Jan
40c
Feb
7%c
500
6c
Jan
8c
Jan
10
245
8%
Jan
11%
Jan
^40c
v
THE
(690)
42
COMMERCIAL
&
FINANCIAL
CHRONICLE
Monday, February 13, 1950
OVER-THE-COUNTER SECURITIES
Quotations lor Friday, February
1.0
Obligations Of Government Agencies
investing Companies
Par
Aeronautical Securities
B'd
1
Mutual Funds—
5.54
4.24
34%
3.91
8.05
1%
,<-10
American Business Shares
I
Axe-Hough ton Fund Inc
1
Axe-Houghton Fund B
§
Beneficial Corp
1
Affiliated Fund
Inc
Corp
Holding
Amerex
15.22
6
6.07
4.59
36
4.23
8.70
16.54
7
Locals Sayles Mutual Fund—•
Lomnls Sayles Second Fund_10
Managed Funds—Automobile shares
le
Business Equipment shares_lc
I
•
1
10c
»
Holdings Corp
Tr of America
Bond
In?
Fund inc
Boston
Fund Inc
Invest Corp
Bowling Green
Street
Broad
1
Bullock Fund Ltd
2%
97.59
21.34
9.13
17.09
19-31
3%
101.66
23.07
9.14
18.48
21.16
—1
Securities com
Christiana
Preferred
Investment
Commonwealth
Fund
Delaware
,,
Shares
Dividend
37.01
39.80
1
15.26
16.50
100 4,320
4,470
100
136
141
1
5.84
6.35
t
14.57
16.03
2»e
1.56
1.71
3.89
4.50
3.39
3.74
Furnishings share*—le
3.86
4.26
3.21
1
—1
27.63
18.55
20*
•
4.03
27.62
1.97
32
o.36
Fund
1
Franklin Custodian Funds Inc—
Preferred stock series
le
Common stock series
lc
First Mutual Trust
^
6.11
5.31
Interest... 1
28.30
Mass Investors 2nd Fund Inc_l
Mutual Fund of Boston Inc—1
Mutual Invest Fund Ine
1
12.80
Fund Inc—.1
Corp
1
Investors Trust
1
16.31
53.43
5.09
General
15.33
14.70
16.26
14.27
Central
Bank
l%s
Feb
Panama
for
1,
100.4
99.30
100.3
1961
120ft
101.30
102.6
100.3
100.7
100.6
119ft
-
3s
1, 1955-1953
l%s Oct. 1, 1957-1955
9.75
10.54
U. S, Certificates of Indebtedness
Debar
Maturity—
Stock
Preferred
.1101
100.0847
lndebt
of
(cont)
—
IMar.
1%%
Bid
_1
6.52
7.13
lifts Mar. 1,
1
6.82
7,45
lifts Apr.
4.45
.0464
99.9876
.0001
99.9768
lifts
Oct.
.9943
1950
l,
4.86
3.03
.0566
Uk
7.54
6.90
.0468
100.2
100.1
Indebtedness—
of
lifts June 1, 1950
100
100
1954
15,
100.0380
100.0453
1951
1,
Certificates
Series
1%%
Ask
Bid
Maturity—
100.0115
Security Series—
Low Priced Bond Series
Price
Ask
Bid
Certificates
i960
1.
tOct.
1
Int, Rate
Treasury Notes—
J April
1
1
3.31
Income Series
Speculative Series
1
1
8t0ck Series-
1
industrial Stock Serle*
1
6.50
3.62
3.96
3.96
4.33
1950
.0368
1950
1,
100.0284
100.0682
.0937
7,10
Selected Group Series
1
Low Priced Com Stock Series 1
5.27
4.82
New
Federal Intermediate Credit Bank Debentures
1
16.90
15.72
York Stocks Inc—
1
10.03
6.65
7.29
Aviation
Bank stock
1
7.38
1
11.23
12.31
9.62
Ask
8-
1-49
3-
1-50
bl.25
1.15ft
1.55 ft
7-
1-49
4-
3-50
bl.30
8-
1-49
5-
1-50
bl.30
1.15%
1.35%
9-
1-49
6-
1-60
bl.30
7.12
7.81
Building supply
chemical
1
1*
7.00
Corporate bond series
10.84
J®
6.07
6.66
Diversified Industry
1
4.08
7.95
8.71
7.23
11.00
5.51
10.48
8.03
7.81
7.02
9.46
8.56
7.71
9.93
1.15 ft
1.30ft
11-
1-49
8-
1-50
bl.30
1.30. ft
11.49
7.32
1.15ft
12-
1-49
9-
1-50
bl.30
1.15 ft
1.30ft
1-
3-50
10-
2-50
bl.30
1.15ft
CO o
2-
1-50
11-
1-50
bl.30
1.15 ft
12.31
6.59
10.05
5.02
Diversified Investment Fund_l
Diversified preferred stock—1
Electrical equipment
1
11.23
1®
Electrical Equipment shares le
Food shares
1®
Fully Administered shares—lo
General bond shares
le
bl.30
4.47
1®
3-50
Due
11.50
shares
7-
Dated
12.88
6.38
1
I
11.75
1®
3-49
1.15ft
Due
10.99
8.78
Ask
10-
1.15ft
1.35ft
Dated
Rate
8.09
Automobile
Bid
1.30 ft
Rate
Bid
1.55%
England Fund
New
Building shares.
Aviation
Chemical
shares
Industrial Machinery ihares le
10.21
13.14
14.40
1
10.01
10.97
1
10.99
12.04
Metals
1
8.44
United States Treasury
11.19
1
Machinery
Merchandising
9.25
stock
Insurance
Bid
Feb.
1950
16.
olls
j
15%
16.85
Feb.
23,
Investing Company
shares—le
8.79
9.63
pacific Coast Invest Fund
11.81
Mar.
5.95
6.53
Publlc utility
8.42
9.23
Mar.
9.
lo
lc
8.30
9.10
5.72
Railroad
1
5.54
6.07
Mar.
16,
Railroad equipment
1
6.30
6.90
Mar.
le
le
7.56
2.54
8.29
steel
_1
8.15
1
11.55
I
15 4,
1
15.95
17.15
1
2.47
2.71
Scudder, Stevens 6c Clark
Fund Inc <net asset value)_•
52.47
52.47
11.06
11.96
Mar.
30,
April
6,
Ask
bl.13
bl.13
1950
1950
1.06ft
1.05ft
12.66
petroleum
Bid
0.95ft
8.93
Tobacco
Bills
Ask
bl.13
-
2, 1950
lc
1
1
10.78
shares
shares—le
Institutional bond
Priced
Low
shares
Merchandising
Mining shares
shares
Petroleum
5.21
lo
3.74
Railroad stock
lc
Steel shares
le
le
4.66
4 98
4.73
2.80
4.11
5.12
5.47
5.20
1®
6.19
6.79
RR
shares
Bond
Railroad
-
Jan.Vl953-135l..„...
,
2fts Feb.
Cooperatives—
1953
Canal
15.32
Nation-Wide Securities—
Balanced Fund _ .
National Investors Corp
17.03
57.45
5.50
Group Securities—
Agricultural shares
Automobile shares
Ask
99.30
99.2c
it$wt
b. <o
5.82
16.80
Capital
100.3
100.1
bid
IV.. MM I, 1952-1950
13.84
14.10
5.9o
15,33
Industries
wl
1951
30.59
beneficial
of
Agriculture
Gas
General
15,
Other
8.18
2.16
Inc_—2
Fundamental Investors
1%S Feb.
! Federal Land Bank Bonds—
Ask
loofi1 ISSi
4.54
7.46
33 ,4
10
Corp.—
Boston
First
Bid
Banks-:—
sept. 15,
4.55
4.13
4.12
4.24
2®-86
Inc I
Equity Fund Inc
Fidelity Fund Inc
Financial Industrial Fund
5.35s
Loan
4.42
Non-Ferrous Metal*
le
Paper shares
le
Petroleum shares
le
8teel shares
-le
Manhattan Bond Fund Ine_lOo
Mass Investors Trust—
29.54
19.83
Fund
Balanced
Home
3.54
4.01
Federal
4.17
Bond series
Stock Fund
48.47
Electrical Equipment sharat-lo
General Industries sharei—lc
Howard—
&
100.38
47.50
4.08
National
Eaton
98.37
3.78
Ctfs
Century Shares Trust
Chemical FuDd
Figures after decimal point represent one or more 32nd.s of a point
Ask
Bid
3.53
Home
Blair
Par
Mutual Funds—
Ask
Equipment shares
shares
shares
Tobacco
Utility shares
-
,
Howe Plan Fund
—1
10c
Fund
Income Foundation
Incorporated Investors
Institutional Shares Ltd—
Aviation
Bank
Group
shares
America
of
24.83
1c
le
1
Stock and Bond Group
Co
22.97
le
lc
Insurance Group shares
Investment
4.92
1.93
8.86
9.71
80c
1.11
12.64
10.11
88c„„
1.22
13.85
10.99
Fund
Fund-
Investors
selected Amer Shares
2ft
shareholders Trust of Boston_l
sovereign
Investors
Street
State
shares
Group
4.55
1.78
8
Inc
Republic
rc
6c Trading
(Geo)
Putnam
1
1
of Boston
Trust
Investors Management Fund
8.20
14.92
8.99
15.26
Custodian Funds—
Keystone
28.84
26.35
18.60
1
27.58
8-3
1
Bonds)__1
(Speculative Bonds)
1
(Income pfd Stocks)
1
(Appreciation pfd Stk«)_l
(Quality common Stks)_l
(Income com Stocks)—1
(Appreciation com Stks)_l
24.15
17.05
10.09
16.04
23.50
30.01
15.43
12.40
8-4
(Low Priced com Stks)—1
4.95
13.53
5.41
1
4.88
B-4
K-l
K-2
8-1
6-2
(Low
Priced
Knickerbocker
Fund
26o
Fund
Trust
Lexington
Bonds)
Grade Bds)
B-2 (Medium
B-3
2.48
11.02
17.50
25.64
32.78
16.83
22%
the
Bank
of
New
74c
82c
&
Fifth
Chase
Chemical
Trust
10
96
10.92
51%
53'A
6%
7%
60%
62%
36
38
104
County
3.73
4.04
N Y)
16
50
Trust—10
6c
20%
31%
100 1 215
Bank
Industrial Bank of Commerce. 10
28%
18
100 1 ,440
1,47Q
1
3.93
Series 1956
1
2.29
lo
25
Trust
P)
(J
100
Co Inc
&
Companies
64%
Ihsur Co of North America
10
105%
82
Jersey Insurance of N Y
20
50%
2S
72
25
Bank 6c Tru*t-17%
25
12
100
75
1
19%
20%
Casualty
American Equitable
51 %
24%
26%
30
32
Bell Telephone
0
31%
33%
Calif
4
8%
Merchant
Fire
Assurance
Merchants 6c Mfrs
16%
22
23 ft
National
34 ft
36 ft
National Fire
American Surety
25
63 ft
66
National Union Fire
Automobile
10
59 ft
62 ft
New
Casualty (Detroit)—lo
Banker!
6c
21
Shippers
—-10
Boston
Camden
I
Fire
Connecticut General Life-
-
Continental Casualty
Cram
6c Forster
Inc
10
102
63%
Hampshire Fire
New
York
66 ft
24
North
72
Fire-
Northern
x67ft
35%
70
5
37%
39%
2
10
42%
44%
46
48
18%
20%
River
Northeastern
2.50
Ins
Co
27
.12.50
116
3.33ft
7%
—
*
8%
Pacific
—•
10
3 Oft
62ft
Peerless
5
67 ft
Phoenix
10
38 ft
Indemnity Co
Casualty Co
P?eferred
Fidelity ft Deposit of Md
10
64
68
Fir* Ajco of Pbila
10
62%
Accident
10
62
17%
16
100%
104%
5
5%
6%
.10
36%
38%
65 ft
Fireman'* Fund
of Frisco
Flr*m*n'« of Newark
10
•
Providence-Washington
96
Reinsurance Corp
22%
24
Republic
(N Y).
(Texas)
7%
Glen*
Falls
Globe 6c Republic
10
Great
American
33
.12ft
100
Seaboard
—10
53%
56%
—10
35%
37%
10
47%
33
5
52 ft
54 ft
6
12%
13%
Security (New Haven).
Springfield Fire 6c Marine
15
17
Btandard
95 ft
33 ft
Surety.
Accident
Travelers
U
8
ie
37
39
U S
100
Fire
Hartford Fire
lu
119
123
U S
Guarantee
Hartford Steam boiler
lc
36ft
38 ft
10
Fidelity 6c Guaranty Co_2
Hanover Fire
'
104
98 ft
31
S
20
36%
300
38%
86
National
First
Bank
12%
43
89
59%
61%
Bank of Amer N T ft S A—12%
50%
52%
Francisco
San
8%
8%
668
638
75
20
Natl Bank
United States
Security Issues
Stocks (Continued)—
Ask
102%
4.28.ft
105%
106%
103%
104
Hartford
2%s_1979
102%
103%
Iowa
Edison—
!
1999
100
•
"
.
37%
Kentucky Utilities $4.75 pfd_100
101%
100%
Maine
N
Pub Serv
104%
105%
1969
102%
103'%
Pacific
Indianapolis Pwr & Lt 27/Bs_1979
103 %
103%
$4.80
Kansas Power
& Light—
1979
104V4
104%
Ja__1979
104%
105 V4
102%
103%
mortgage
Berv
of
2%s
Indiana
State
Y
4 % ft
Stocks—
Par
Pub
Lt
&
100
Pwr *2.50
pfd-50
52
:
—
4
% ft
19%
100
107%
51%
38%
103
20%
106%
Co—
28%*
1st pfd—25
28%
Lgt 4%% pfd—100
106%
107%
127
129
4.40ft—100
Gas
pfd-100
107
6c Ilec—
$4.75 preferred series G
105%
104%
Elec
of Okia 4.65 ft
Diego
Ask
Gas—
(series 1949)
&
&
Rochester
Valley Gas Sc Elec—
preferred
$4.25
&
(Colorado)
Ser
San
Blackstone
pfd
20
$5.50 pfd
redeemable
Pub Serv
Ask
Bid
Elec
Gas
Penn Pow
Tenn Gas Transmission Js_1963
1st
106
pfd_30
103%
2%s
—100
3.90c
Southern Util 5%ft
105%
Service Co
Electric
Bid
51%
1879
2%s
2%s
Par
Light—
pfd__50
1984
Power
St
preferred
1974
Power
Conn Lgt & Power
Power
Delaware
.103%.
Gas
6t
100
106
Elec—
preferred
20
21%
21%
Stat en Island Edison—
4.90 ft
100
107
108%
100
preferred
106
107
49%
31
Globe & Rutgers Fire common_5
2nd preferred
IS
295
280
Portland
Central Hudson Gas A Elec—
'
-10
8t Paul Fire 6c Marine
General Reinsurance Corp
Maine
Cen Ariz
93
100
Trust
&
2%s__1979
Pa 3a
of
2%s
Public
145
139
10
Federal
Deposit Natl Bank—100
Bank
90%
1979
2%s
Power
Oregon
Duke
28%
—
Tel
Commonwealth
37%
Pacific Fire
Employee* Group Assoc
Employer* Reinsurance
Associated
Gas
69
10
63%
107
22 ft
10
32
60%
6
Amsterdam Casualty
30
lo
New
39
.10
Detroit-
Peoples First National
.
47
41
Bid
Bonds—
Central
18%
—lo
American Re-Insurance
37%
of
Mellon Natl Bank & Trust
9%
18%
26
37%
Bank
Farmers
264
45
87%
54%
17
& casualty.!
American of Newark
2ft
258
Recent
—
10
24 ft
36
37
109%
27%
I
American Pldellty
35
Maryland Casualty common
$2.10 Prior preferred
1
Assur
16
325
Ask
62%
American
31
310
58
100
United States Trust
$1.05 Convertible preferred_5
Massachusetts Bonding
5
32%
20
100
Pittsburgh
43%
56
12%
Title Guarantee & Trust
Bid
41%
20
Co
Sterling National
79
54%
Bank
Co
Trust
19
10
4
National
31 %
Irving Trust
Kings County Trust
Lawyers Trust
10
Automobile
630
Detroit
304
Guaranty Trust
2.56
Life
American
350
605
City Bank
National
1,275
295
3.75
2.26
Series 1955
6
330
33'%
7.63
North Amer Trust Shares-
Home
214
100
Oo
National
Cleveland
22
10
Bank
National
90%
208,
100
Savings
Trust
Co
Plains,
Empire Trust
First
Share*—
ft
87%
100
Cleveland
Central
Fiduciary Trust
Par
Northern
Trust—
6c
10.77
Trust
Trust
Trust—33%
St
Bank
National
107
Bank
18.31
(White
Ask
210
45%
20
Bank
National
39%
43%
19.87
CMualty
25
Harris
37%
10
Trust
10.55
Insurance
10
100%
97%
15
&
18.21
Aetna
American Alliance
First
17.03
Aetna
Agricultural
153
Stamped
Corn Exchange Bank & Trust_20
Federation
Ask
100
148
Co
Continental
7.52
10.05
Bid
200
Illinois
43
Commercial National Bank 6c
Aetna
Surety-
46
Bank
Bank
Publlc Nat'l
6i
345
100
National
-100
City Natl Bank ft Trust.
230
Central Hanover Bank 6c Trust 20
18.57
Morgan
Bid
Par
28%
Continental
National City Bank
New York Trust
Par
26%
Companies
Ask
10
Manufacturers
Insurance
Bid
100
Avenue
Trast
22.03
Unit Type Trusts—
Trustee
Co_10
Brooklyn Trust
Series E
1-2.60
Independence Trust Share*
1
1.08ft
1.06ft
York
Bankers
6.52
2.71
Manhattan
12.24
20.22
Diversified
bl.13
4,
20,
Chicago
of
11.23
Union Preferred Stock Fund—1
Union Common Stock Fund
1
United Income Fund Share*
1
Wall Street Investing Corp
1
Wellington Fund
1
Whitehall Fund Inc
1
Wisconsin Investment Co
I
1.07ft
May 11, 3950
May
York
New
Bank
1
1
5.35
B-l (Investment
21 ft
Par
6.74
1
-1
1.06ft
bl.13
1.06ft
Banks & Trust
57.25
Union Bond Fund series A
Series B —__—
1.06ft
1950
27,
April
22
.
6.16
25c
1.06ft
bl.13
bl.13
1950
April
bl.13
1950
54.25
Trusteed Industry Shares
bl.13
1950
1950—
13,
1.04ft
bl.13
1950
Corp-*
Television Fund Inc
April
1.02ft
bl.13
1950
23,
1.02ft
bl.13
1
Investment
Series C
Investment
bl.13
1950
38%
435
52%
40%
450
54%
4
_
Westchester Fire
66
69
.10
83
87
-1
22%
24-
preferred
4,75ft
Conn
Lt
$2.04
a
6c
Pow
100
$2.20
preferred
Odd lot sale
105.
•
55%
•
pfd
52 %
56%
53
(not included in year's range).
Tenn
Gas
Transmission—
*
$4.65
preferred
bBid yield price,
d Deferred delivery sales (not
e Ex-interest,
f Flat price,
k Admitted to listing on N. Y. Stock Ex¬
trading N. Y. Curb,
r Cash sales (not included in year's range),
t Exliquidating dividendOJn) Admitted to Unlisted Trading privileges, wd When delivered,
wi When
issued,
x Ex-dividead.
y Ex-rights,
z Ex-stock dividend.
included
in
change
n
year's range),
Admitted to
*No par
value,
tin default.
tThese bonds are- subject to all Federal taxes.
Volume
171
Number 4881
THE
COMMERCIAL &
FINANCIAL
CHRONICLE
(691)
THE
Bank
with
clearings this
a
based
year .ago.
week
show
compared
Preliminary figures compiled by;
telegraphic advices
upon
COURSE
increase
an
from
the
the
cities of
indicate that for the week ended
Saturday,
clearings from all cities of the United States
Feb/11,
be
15.6%
above
Our
year.
those
for
preliminary
the
against $12,429,659,192 for
this center there is
17.3%.
last
in
1949.
1949
$7,669,696,786
__
810.000,000
Louis
Feb.
Pittsburgh
*
4.1
+
0.9
1st
224,400.000
+
2.6
2nd New
+
2.7
3rd
4th
+
Reserve
cities
five
days
$11,201,523,092
—
days
2,549,902,610
cities
the
week-
York
Stock
Exchange
January in 1947
to
1950
is
San
+ 26.5
+ 15.6
appended.
of
1950
shs.
BANK
Louisville
—•—
1948
1947
misc,
18,825,034
1949
$
Bank'
99,000
11,279,700
S
+
2.0
7,897,955,229
+
2.9
907,480,720'
874.825,198'
8
764,705,772
+
5.3
332,284,252
+
4.3
370,671,770
564.332,819
532,798,465
613,280,886
918,906.165
529,381,253
348,415,676
455,361,455
"
326,136,777
435,126,251
367,950.121
+
6.0
267,255,452
473,161,849
+
10.5
260,661,937
+
2.7
393,017,154
211,540,030
75 ',980,978
621 927,805
+
1.6
14,340,802,919
12,983.538,300
+
1.0
6,670,307,590
5,860,758,230
6,809,816,503
JANUARY
January
1945
$
1944
1943
$
S
942,199,297*
We also1 furnish
today a summary of the'
clearings for
the month of
January. For that month there was an in¬
crease for the entire
body of clearing houses of
3.0%, the
1950 aggregate of
$
491
398
379
324
293
487
584
482
374
332
339
272
118
116
101
85
77
63
115
477,818,207
2.9
14,106,240,515
1946
$
0.1
4.4
741,459,275
14,330,518,185
+
—
265,032,540
761,526,556
662,992,703
—
429.468,641
292,807,386
"
YEARS
1947
934,444,463
413,191,562
338,150,694
IN
.1947
490,475,202
7,333,220,044
833,427.097
9.9
"
CITIES
1948
—
"
LEADING
clearings having been $66,864,831,484
the
and
1948
256
222
199
168
168
377
142
J43
381
337
284
288
291
395
3^0
239
aggregate of $64,931,164,247.
York Reserve District the
totals show an
397
65.000
333
244
Denver
214
216
410
172
of
446
452
410
India n'pol is
334
272
250
247
204
245
241
211
161
144
129
the'Philadelphia
547
124
539
497
426
379
328
444
297
430
377
269
land
240
211
179
6,845,700
126,500
185,000
Paul-
Richmond--
540
Memphis
Seattle
424
$119,727,000
$69,724,500
483
462
480
444
Salt Lake C.
389
393
387
235
241
252
153
142
128
114
117
107
104
87
72
76
Tot.27 citifes 57,769
Other cities
9,095
56.041
57,720
55.249
54,132
48,102
31,280
8,890
8,976
7,526
6,146
5,523
4,783
4,041
64.931
66,696
62,775
60,278
53,625
46,063
38,063
34,833 34,313
35,545
31,247
26,668
24,682
22,769
19,661
$125,490,900
volume of transactions in share
properties on the
Stock
Exchange for the first month of 1946
Months-
following:
1950
1949
1948
1947
No. Shares
No. Shares
42,576,115
_
No. Shares
18,825,034
20,217,606
Out.
_i
all
66,864
N.Y.C.
No. Shares
country
for
the
bank
clearings
month
of
of
Federal
at
leading cities of the
January in
each
of
the
eight years, is shown in the
subjoined statement:
1st
3rd
Cleveland
CLEARINGS FOR
CITIES
IN
FOR
(000,C00
8
*
I
1950
1949
s
York
$■'$•$
12.031
Chicago
-1947
30,617 31,151
3,122
3,398
3,203
8th
9th
January
1946
$
-
31,527
33,610
3,002
2,622
$
3
1943
$
28,943
23,293
2,350
•
2,043
Philadelphia
1,985
2,068
1,912
1,870
3.839
1,649
1,605
3,950
3,782
2,944
1,177
2,759
1,257
878
811
758
"
2,193,204,837
1,610,032,354
2,575,155,935
2,403,872,196
"
"
"
19
"
Inc.
or
1,209
Pittsburgh.
1.247
1.299
1,246
1,117
1,066
1,656
1,123
1,685
1.C87
1,853
1,478
1,341
1,184
1,020
The Cleve¬
2.5%,
$
2,346,414,516
.32,563,168,918
3,963,522,931
3,355,937,457
1,710,165,637
2,638,631,785
5,367,117,662
1,961,152,510
1,513,912,944
2,463,167,781
1,818,377,486
3.073,570,351
32,275,557,509
4,156,003,201
4.2
2.5
—
1947
$
2.319,230,127
+ 13.1
+
3,7 0,083,861
8.8
1,864,655,660
3.5
2,879,928,676
2.6
6.255.984,822
2,243,864,867
1,874,097,776
1.8
3,352,816,707
184 cities
York
of
1,706,888,152
2,594,880,614
2,409,565,408
3,406,427,540
66,864,836,484
64,931,164.247
+
3.0
34,313,779,838
+
1.5
5.7
0.8
2,964,766,453
2,378,558,845
3,689,120,558
0.2
1.6
86,696,852,755
62,775,139,978
35.545,654.953
31,247,446,877
1
City
961
1,628
New
3.3% and in
1948
3.3
+
642
Louis_.
Outside
loss
a
Dec. %
2,391,729,496
31,739,477,519
4,038,21.9,586
3,865,458,734'
1,843,515.076
2,859,496,837
5,920,759.505
2,154,745,780
34,833,207,873
Francisco
2,504
1,072
6,071,928,673
_16
Total
1,435
3,261
"
.15
City
1,809
1,962
3.987
Boston
2,005,370,116
2,960,082,845
__11
Kansas
San
.
7
—.
Dallas
18,402
"
31
-
Minneapolis
11th
12th
1944
"
8
Lou lb
10th
1945
4,207,144,682
3,767,086,555
16', "
Chicago
St.
"
17
Atlanta
7th
YEARS
-Month of
1948
-
JANUARY
Richmond
6th
LEADING
:
33,248,322,712
16
-
"
$
"
suffers
of
4.2%.
record a
decrease of 0.8%, in the
Dallas Reserve District of
0.2%
the San Francisco
Reserve District of 1.6%,
1949
2.469,818 872
14
Philadelphia
4th
,
District
New
and in
$
14 Cities
York
5tk
BANK
•
<$>
1930
Boston
2nd New
last
January—-
Reserve Districts
Reserve
Reserve District of
the
larger by 2.6%* and in the
St. Louis Reserve District
by 1.8%; but in the Minne¬
apolis Reserve District the totals are
smaller by 0.8%: In
the Kansas
City Reserve District the totals
34,022
23,556,803
Month
course' of
63
-
13.1%, in the Boston Reserve District
In
improvement
but the
Richmond Reserve District
enjoys a gain of 8.8% and the
Atlanta Reserve District of
3.5%.
In the
Chicago Re¬
serve District the totals
are
340
1.96
110
Total
$111,380,500
Minneapolis
$
Inc. or
506,327,507
"
District the
the
St.
York
omitted
Dec. %
7,549,672.106
Hartford
The
in
514,807,985
537
269
23,556,803
25.000
bond?-"-
January
and
3.5
509
128
Louis Reserve
4.4%
+
537
301
St.
of
$
505
_
Milwaukee,
$118,518,700
1950 is indicated in the
St.
1948
$
Providence-
20,217,606
$62,187,600„ $102,419,300
171.000
1,763,000
7,300,900
7,013,700
$108,323,300
govt.
The
New
1949
6
Month of
1950
improve-:,
the
Buffalo
42,576,115
U.S. Government
•
FOR
(000 ooo
omitted)
in
decline
515,126,493
639,615,341
112 cities
IOR
The
but
CLEARINGS
919,839,016
City.
CLEARINGS
a
Reserve Districts:
BANK
6,877,515,311
;
Outside New York
Omaha
1949
Bonds—
Railroad &:
to
January
the
by Federal
10
Francisco
Total
given below:
are
Month of
Stocks—
New
4
The';.
Reserve District of 2.9%.
The Kansas City Reserve Dis¬
trict has managed to
enlarge its totals by 6.0%, the Dallas
Reserve
District by 10.5%
and in the San
Francisco
Reserve District by 2.7%.
10
.
Dallas
12th
0:1%
show
7
City
-
$14,364,716,507 $12,429,659,192
totals
633,779,675
"
..
+ 14.7
484,920,022
ment of
738,583,297
"
Louis
Kansas
$
Total
"
Minneapolis
monthly detailed statement of transactions
New
results for
Foreign
"
7
-17
St.
of 2.9%.
decrease of
a
699,552,053
"
.11
Chicago
9th
records
533,209,906
.12 cities
_12
.10
10th
District
$
:
3.5%,;
Philadelphia Reserve District
Reserve
9.9%
District registers an increase
of 5.3% and the Atlanta
Reserve District of
4.3%. In the
Chicago Reserve District the totals show an
of
OF
the
but the Richmond Reserve
1950
Atlanta
Uth
613,290,805
for
summary
in
Cleveland
435,224,857
+ 16.1
$13,751,425,702 $11,944,739,170
day_
usual
Internat'l
a
.
one
all
Number
furnish
;
+ 14.9
2,195.434,495
increase
SUMMARY
York
6th
+ 10.3
$9,749,504,675
five
and
the week
—
an
Districts
Boston
8th
cities,
on
we
._
Other
cities,
was
Richmond
189,677,363
Federal
7th
Our
that week' there
Cleveland
5th
273,328,109
262.790.876
Ten
Total
>For
Philadelphia
2.3
2.8
279,571,002
Total all cities,' five
days-
above
has to be estimated.
cases
Week Ended Feb. 4—
+ 18.5
+
209,237,753
__
week
avail¬
detailed
following
224,559.104
255,512.527
—
Baltimore
cities according to the Federal
Reserve Districts in which
j
they1 are located and from this it
appears that in the
New York District
(including this city) the totals register.!
a gain
of 2.0%, in the Boston Reserve
District of
22.3
+
282.552.000
the
as
by
week.
group
In the
+ 17.3
408,361,168
290.059,000
—I
Cleveland*
All
4.
230,300,000
-
Francisco*
next
statement, however, which
further below we are able to
give the final
226.492,415
City
CLEARINGS
covered
1.6%, the aggregate of clearings for the whole
country
having amounted to $14,330,518,185, against
$14,106,240,515 in the same week in
1949.
Outside of this city there
was an increase of
1.0%, the bank clearings at this center
having recorded an increase of 2.1%:
We
Cent
655,477,613
__
-
$6,537,801,805
536,034,250
960,000,000
-
of
inasmuch
complete results for the week previous
ended
At
elaborate
present
and
$14,364,716,507
week
same
issue
our
day of the week in all
the
425,175,996
Kansas
St.
In
we
week
in
today,
week
Saturday and the Saturday figures are not
going to press. Accordingly, in the
the last
Per
..
_
Boston
San
at
1950
York
them
ends
Our comparative
summary for the week follows:
Chicago
Philadelphia
appear
furnish
the
able at time of
gain for the week ended Friday of
a
Week Ended Feb. 11
New
stand
the
foregoing will
cannot
weekly clearings will
corresponding
totals
BANK
We
us,
chief
the country;
from which it is
possible to obtain
OF
Complete and exact details for
45
San
Fran.
~
Baltimore
Cincinnati J
*763
719
650
760
77.3
570
699
Kansas City
576
551
1.275
1,350
498
1 577
431
1,305
1,042
957
851
1,370
732
1,190
1,004
977
933
819
Cleveland
1,338
1.383
1,036
-
Minneapolis
1,130*
New Orl ns.
Dctroit
884**
979
_
915
1,276
533
522
1,707
1,745
We
now
add
765
1,005
523
1,741
-
836
875
657
447
434
365
1,532
1,684
■:
Federal
Reserve
$
District—twa—
6,735,632
PortlandJ
;
-
Mass.—Boston
7,811,169
17,448,674
2,043,313.780
;
19,159,838
1,985,388,179
1949
$
each
$
+
3.0
1950
Dec. %
—13.8
—
8.9
1948
$
8,576,525
20,992,238
1,912,792,185
1947
$
34,833,207,873
1949
$
$
Inc.
or
1948
$
1,591,060
18,333,975
7.5
4,076.684
424,839,388
+
3.7
1,484,946
+
2.4
426,621,793 *
1,560,380 '
+
2.9
1,962,496,695
+
16.9
9,855,995
7,401,169
+
6.5
1,520,804
4,579,759
3,901,362
.
1,459,515
3,948,555
+
+
years:
Dec. %
4,431,405
+
—
9.0
2,119,431
1947
S
1,855,927
4,485,852
405,907,668
1,399,023
:
"
Worcester
:
2.8
8,260,460
3,581,652
7,781,963
3,135,629
+
6.1
722,069
8,640,365
779,946
36,799.057
;
Springfield
34,239,311
7,920,183
+
7.5
1,722,940
34,690,154
1,779,711
+ 15.6
30,789,714
7,908,846
23,654,542
6,977,011
22,625.228
3.0
5,700,598
5,116,527
104,310,005
26,750,568
5,375,067
28,813,265
7.2
4,425,529
—
45,820,296
13,017,006
25,204,013
12,392,694
+
5.0
12,956,956
23,884,984
10.819,218
+10.0
25,585,100
27.889,800
3.7
1,346,838
1,207,117
+
3.5
514,807,985
490,475,202
+
8.0
+
7,6
2,630.377
1.2
2,843,749
83,206,485
6.6
65,380,402
1,929.318
27,495,877
110,909,912
(14 cities)—.
.
+ 10.1
107,372,508
43,480,'146
12,326,000
+
0.3
11,748.300
115,058.300
6,049,456
7.4
114,365,858
2,469,818,872
2,391,729,496
—
1.5
+
118,520.000
116,145,100
3.7
28~311,900
5,745,758
25,730,100
5,220,236
1,272,634
1,321,985
3.3
+
—
2,319,230,127
533,209,906
515,126,493
2,346,414,516
731,332
699,525
3.2
1,816,346
+ 13.4
1,517,869
7.414.045
6,382,690
10,605,400
5,826,121
N. H.—Manchester
50,242,351
12,230,500
128,309.600
New Hav'en
Waterbury—
R. I.—Providence
.23,783.315
55,324,605
Conn.—Hartford
—
—
+ 11.4
—
•
Second Federal Reserve
District—Ne* York—
Y.—Albany
_
.
Binghamton.
r
Eimira.
„
Jamestown
__
_
.
32,031,628.611
Rochester
-
Syracuse
_
93,959.323
.
8.022.748
+ 32.2
.
8,022,748
30,617,384.409
86,513,320
12,209,344
14,189,372
3,387,988
13,142,823
11,001,779
8.2
381,191,380
337,858,697
+ 33.0
83,221,114
8,156,712
84,223,146
6,549,009
1,957,203
9,107,639
31,151,197,802
1,835,450
7,337,706
2,010,987
31,527,693,101
7,453,002,874
89,366,436
1,745,255
7,296,424,012
79.233.980
22,533,697
23,589,553
49,365,304
+
+
+
2.4
4.6
8.6
3,147,769
—
+
2,072,614
7,650,495.329
4.5
20.461.303
1,346,983
1,510,450
7,122,830,570
18,075,468
13,882,344
10,349,261
59,431.448
+ 12.9
7,031,695
11,234,180
15,930,545
9.071,715
+
1.5
47,832,362
43.458.879
13,536,756
3,255.406
13,363~579
+
2.660,545
Y.3
977,448
915,936
+
6.7
3,595,544
3,188.060
_
—
—55.9
11,831,266.'
——
__
..
11.085^940
189,913,687
187,666.571
+
1.5
172,130,301
46,867.816
—
+
2.1
220.506,287
48,153,166
746,602
223.801.393
172,695,691
803.985
228.553.341
__
Oranges
+ 12.3
58,243,443
10,709,815
2.1
+
55.014.281
+ 12.1
13,481,328
+ 15.2
11,480.300
-
cities)
89,143,705
13.1
+
66,594,688
_
.
Northern N. J.
103,987,431
+
55,860.992
Utica
Conn.—Stamford
(14
(
_
N. J.—Montclair__
Newark
Total
12,783,981
348.727.262
10,673,988
....
_
_
_
110,580,289
377,480,725
J8,296.312
New York
.
146.245.602
14,460,464
Buffalo
2.7
219.941,394
50,835.103
45,517,310
47,200,872
39,241,971
—
7.7
51,643,580
49,098,833
2.0
7,897,955,239
7,333,220,044
8.089,361
33,243,322,712
7,380.917
31,739,477,519
9.6
7,139,136
7,157,413
+ 13.1
32,275,557,909
32,563.168,918
+
7,669,552,053
7,549,672,106
+-
or
Dec. %
34,313,779,838
7,662,326
7,474.986
Inc.
$
——Week Ended
February 4
1950
4,146,908
New York
1949
$
City for the month of January and the week ended
Feb. 4 for four
4,097,829
440,593,652
4,010,737
New Bedford
Clearings Outside
or
Dec. %
January
Inc.or
8,735,816
Holyoke
Inc.
64,931,164,247
4,418,101
Fall River
Lowell
Total
1949
$
Me.—Bangor
&
66,864,836,484
Month of
•
1950 and 1949:
CLEARINGS
Clearings, Total All
Mo nth
January
showing the figures for
1950
the clearings by months since Jam
1,
1950
1,381
detailed statement
covers
MONTHLY
331
1,219
our
following compilation
480
489
1,416
„
Clearings at—
First
621
The
1.5
44
COMMERCIAL
THE
(692)
Mon th of
1949
1950
®
Clearings at—
Third
jgjS
14,491,899
4,192,428
6,274,902
—-
—
LebanonNorristown
PMladeU>hi"a--~---Read'nir
-
3,987,000,000
Scranton-
Hazleton
——
-
Del.—Wilmington
N. J.—Trenton
Total (16
Cities)
Reserve
Federal
Penrth
4,207,144,682
t
Columbus
Smnton77777777
-
Youngs town
71
Greensburg
PittsburghErie
-
11.9
5.824,236
3,782.000,000
893,000,000
871,000,000
12,872,371
2,795,121
2.238.922
+
1.2
21,313.074
19.671,655
4,990,702
10,884,252
+
10.0
11,073,038
9,578,195
2.590,442
16.722.012
2,828.545
4.755,371
+
9.4
16,273,528
1,195,332
+
7.6
1,298,125
2,742*091
2,718^817
803,000,000
6,725,533
6,071,442
2.825,516
2.5
900.000,000
+ 24.8
2.693,611
2,396,919
1.2
4.493,699
4,425,735
9.2
2.050.592
2.130.849
—31.7
3,724.821
4,119,765
+
1,486,194
—
4.587,907
18,249,094
8.0
+ 19.6
43.397.953
33,363,785
9,576,293
9,028,462
+
6.1
8.166.186
6,656,345
39.488,530
29.000,966
+
22.5
31,644,323
27,969,532
9.121,707
7,937,787
+
14.9
7,405,705
4,928,264
4,038,219,586
+
4.2
4,156,003,201
3,963,522,931
933,779.675
907,480,720
+
2.9
934,444.463
833,427,097
25 667,966
26, 904,974
—12.4
6,823,714
5,940,441
—12.9
150,918,926
233,668,354
1.7
28,271,300
22,738,700
699 602,036
172,328,319
173,769,653
1,370 ,778,860
1,190 ,271,250
283,654,491
322,608,120
3.4
133 470,700
108 413,500
31,741,100
31,225,000
5, 845,777
4 879,243
17 ,147,716
4.496,112
4,558,859
—
7,128,155
7,143,872
—
283.294,679
328,695,980
788,583.297
874,823,198
+
3
3 382,662
+ 11.4
19 484,569
1.4
27 103,934
—10.0
19 052.184
25 154,513
15, 645,476
0.5
67, 843,220
—
i
2
4,241,232
3,786,415
5,392,083
5,026,957
—13.8
267,948,194
241,563,739
9.9
764,705,772
662,992,703
192,452
1
,561,302
3.3
2, 534,028
—17.1
2 207,865
4.0
1,246, 183,967
1,117 436,573
2.0
20, 185,483
17 658,440
6.9
19. 619,660
19 ,000,771
28 289,451
—
—
—
18.215,150
1.4
0.2
62 415,364
+
18,470,134
35.259,630
+
607,392
2.6
—
21.941,998
6.3
32. 150,463
—12.7
19, 888,884
16, 994,014
2.5
3,790,083,861
3,355,937,457
+
—
3,865,458,734
—
District—Richmond—
'
Va—Norfolk
—
540,223,294
Richmond
16,406,682
34,094,467
979,811,439
884,948.117
4,024.774
4,028,947
371,334,454
C,—Charleston
Columbia
Md.—Baltimore—
296,546,166
Prederick
D. C.—Washington
2,005,370,116
Total (8 cities)
12.826.000
11,594,000
2.691,838
10,629,000
9,065,000
6.1
97,323,645
99.254,160
497.592,537
118.442.491
15,642,460
15,047,242
4,085,500
3.634,000
+ 12.4
3,723,185
3,153,543
220.73Z926
200,179~640
+1(7 3
202,801,530
189,4647040
76.544,822
687844,938
+11.2
65,Tl5~054
6773307358
382,284,252
370,671,770
1.3
28,305,559
25,547,478
+
0.7
915,416,650
836,098,280
0.1
3,988,262
3,437,433
+ 25.2
300.050.588
282,970,821
—
—
1,843,515,076
+
8.8
435,224,857
1,710,165,637
1,864,655,660
413,191,562
5.3
+
Sixth Federal Reserve District—Atlanta—
78,022,454
Nashville
76,701,149
+
1.7
279.876,885
+
4.1
293,605,916
2.2
57,513,680
55,073,694
214.900,000
+
1.1
199,000,000
187,700,000
4,411,627
4,133,728
+
6.7
3,623,980
3,656,990
3,653~935
—
3.366.596
101.273.600
7~9
3,369*448
82,968,752
22.1
82,581,616
3,589,836
74,326,275
94.188,964
86,861,311
8.4
34,322.432
77,240,764
6.508,983
6,596,094
1.3
6,540,139
6,106,440
924,000,000
978,100,000
4.4
983,600.000
17,738,139
18,716,171
5.2
18,217,705
17,447,499
17,734,798
16,461,911
+
7.7
17,957,018
14,920,993
Macon
15,295,103
15,060,453
+
1.6
14,397,433
12.621,080
Pla.—Jacksonville—.
424,065,439
372,377,017
+
13.9
389,126,723
350.438,940
Tampa
Ala.—Birmingham
34,701,023
29.706,501
421,259,092
438,086,227
27,534,106
28,677,525
Mobile
Montgomery
17.549,000
372.612,047
32,006.491
25,854,052
14.372,033
+
2.5
16,357,672
+
7.8
16,450,000
Federal
35,934,897
30,009,958
3.1
6,112,808
—
5.461,287
5,770,206
1,932,575
+
12.9
1,977,638
1,674,127
419,917
451,464
522,227,932
+
2.2
523,110,709
489,501,941
126.515,790
128,765,345
2,960,082,845
Reserve
2,859,496,837
+
3.5
2,879,928,676
2,638,631,785
639.615.341
613,280,886
—
1.587,157
1,293,646
10,513,722
9,893,941
6,081,918
5,282,397
2.0
1.745,777,806
15,595,591
0.1
17,2(30,801
2.6
48,273,954
38.920,021
6,714,530
8.6
6,600,265
Terre Haute
™
Wis.—Madison
77777-,
77-7771
71
7.71
77777
.
sioux city
Ames
HI.—Aur o r a
771777
"77777 77
Decatur
Peoria
77177777771
7777777
Rockford
(30
21.464,413
46,672,296
_
cities)-
532,798,465
+ 22.7
1,660,531
1,468,776
10,241/358
8,214,540
6,532,434
4,916^325
ai-
+
5,238,617
5,607,048
5,472,791
—
5,288,124
54,761,000
56,013,000
6~6
—
36,909,241
+
0.9
241,630,942
211,128.644
8.7
26,854,498
247,699,645
245.485,785
28,790,593
11,897,942
20,102,686
18,370.289
301,636,429
269,721.399
4,771,376
+
—
7,276,900
6.6
t
9.4
+11.8
8,657,933
21,180.783
t
1
17.056,910
256,826,464
+
4,748,982
8,285,249
+
0.5
222,199,232
8.041.835
7,059,742
5.116,110
2.2
54,5~18~000
50,901,000
7,577,448
7,530.573
+
0.6
6,452.830
8,072,399
2.460,491
+
2.9
t
t
2,532,434
67,081,674
597987"793
16.229,405
5,022,504
4.3
3*4
—
3,744,90!
+11.8
65,237~795
54,504/75 £
-
*
1,432,073
—
1,362.492
2,487,540
128,129,993
122,636.726
56,831,812
58,440,167
2,823,692
2.292,506
5,521,422
5,899,958
4,933,387
4,571,830
3,122,801,007
13.426,509
46,245,798
+
2,603,011
15,430,453
46,773,226
20,738,008
.
.
+
1,791,315
5.1
7,073,965
-T-
■
*
......
'
■
1,259.598
1,436,824
4.4
3,988,482
3.346.040
2.3
15.890,230
3.394,266
3,140,350
8.1
3,931,097
3,120,676
17,249,066
141,566,978
122.105,442
29.072.876
28,454,263
+
4.5
2.2
29,190,521
56.977,440
13.530,123
13,241,923
+
2.2
14,528,509
24,945,940
9,034,954
2.8
72,137,030
+ 23.2
2,230,194
1,710,054
6.4
6.191,868
7.9
6,323,494
4,390.986
1,064,658
+
2.6
3,398,633,498
3,002/207,434
696,889,837
—
—
—
—
—
-
1,089.661
705,619,838
2.3
1,306,943
1,127,844
1.2
717.790,911
635,757,974
52.2
3,463,020
2,646,249
9,194,060
—
—
5.2
15,806,453
13,333,563
3.027,706
1,989.137
+
52.797,979
43.945.998
9,740,440
9,828,990
—
1.1
0.9
11,932,887
+ 30.3
4,911,214
5.8
21.184,784
18,287,781
5.208,764
3,997,847
7.5
13.582.221
3,330,170
3,284,873
+
1.4
3,441,505
4,043,722
3,071,457
16,448,059
+
0.1
942,199,297
826,136,777
3.4
278.000,000
240,400,000
2.8
117,267,829
9.7
80,640,667
111,897,080
81.197,301
EL8
1,909,711
1,631,870
477,818,207
435,126,251
+ 11.2
1,949,030
1,557,381
+
2.6
6,255,984,822
5,367,117,662
919,839,016
918,906.165
+
1,610,595
5,920,759,505
+
4.928,581
+
—
15.299,334
6,071,928.673
—
—
22,009,721
14,158,195
7
Springfield
Sterling
Total
27,654,176
6.4
12,731,227
777777—7
77 _777".
filoomington
Chicago
564,832,819
5,869.041
+ 12.4
+
3,203,281,068
7
1
777 77 7"
7777777
Des Moines
4.3
+
9,392,644
—11.4
15,080,600
Iowa—Cedar Rapids
26,311,934
11,733,635
7,427,890
11,114.500
South Bend
25,127,849
25,119,788
•
31,293,540
71
0.2
—15.5
—
49,065.000
52,219,271
Indianapolis
+
11,460,123
22,261,055
Gary
—
23.812,872
8,348,480
Ind.—Ft. Wayne
Manitowoc
107,609.601
6,215,551
9,685.584
Water to wn
412,634
111,023,861
15,234,081
44,790,355
23,755,852
Muskegon
Bay City
Oshkosh
383,534
1.7
—
1,416.438,660
J-
7,294.544
Lansing
6,230.248
+
43.639,694
Rapids
Jackson
2.6
1,707,699.912
*15,600,000
Flint
6,242,986
1,741,952,720
Detroit
Milwaukee
7.0
—
District—Chicago—
Mich.—Ann Arbor
Sheboygan
+
—
16,450,000
—16.3
16,281,000
2,182,043
Total (16 Cities)
Grand
28,107,302
414,420,908
533,641,764
Vlcksburg
La.—New Orleans
Seventh
29,559,497
3.8
4.0
+
*
43,490.832
5,593,465
Meridian
+16.8
—
—
16,030,453
36,420,483
Jackson
(
■
16,427,639
ICas.—Hattiesburg
17,082,231
+
1,020,700,000
+
16,474,129
69,885,105
212,500,000
Columbus
—
4.8
—
16.631.555
71.398.309
'
Augusta
Oa.—Atlanta
17,465,152
71,350,497
263,810,029
87,093,261
291,218,292
Term.—Knoxville
2,404,669
+ 10.6
539,568,702
+
33.660,893
9.3
—
126,084,441
3.5
+
15.853,610
2,588,118
39.476,000
1.3
—
547,605,546
2,854,543
9,995,846
49,533,000
0.8
+
48.918,000
-
12,150,439
—15.1
11,953,797
10,154,006
49,321,000
5,289,612
172,001,645
280,675,640
—
773, 446,631
3.2
—15,1
71,846,975
2,621,488
6,175,678
0.8
—12.1
0.3
+
—
135.530,600
7,812,270
3.888,811
20,837,529
31,346,419
19.247,821
17,190,596
37,468,608
B.
1.8
+
22,271,169
15.901.742
Fifth Federal Reserve
941.788
1,009,688
—
5,050,336
W. Va.—Wheeling
W. Va.—Huntington
1.098,927
,
15,645.244
2,155,794
1,299.346,690
3,767,086.555
1,015,719
1,110,804
—
3,950,000.000
Ey.—Lexington
Total (17 Cities)
1,041,235
4,831,016
—
Oil City
3,423-275
3,361506
3.9
21,511,217
.
-
S
5.7
+
9.1
17,319,915
71,502,863
2,534,678
1,786,098
1,247,540,896
Pa.—Beaver County
1.8
—
+
32,886,574
31,776,472
-
5.9
—
1947
3,517,099
.
760.919,442
1,383,131,409
6,629.377
4,333,981
20,303,480
Mansfield
Newark!
Toledo. 7
12,084,648
3,299,720
956,379
20,062,963
13.161,978
1,333,475
+
28,799,108
Lorain
22.970,522
2.7
1.096.126
1,309,105
1,010,481
5,609.258
763.421.609
1,338,967,615
140.098.300
7
-77
Cleveland
4.2
+ '
District—Cleveland—
Ohio—Canton
Clnchinati
5,074,358
12,540,049
19,972,624
1,286,283
6,146,015
47,243,658
35,523.837
Du Bo is
S
3.039,000,000
JHSHJ?
Wilkes-Bar re.
York
1943
Dec. ',£•
+
22,538,091
—
-
4,237,507
4,965,370
4,080,824
13,684,968
-
4,185,640
1.3
+ 10.2
13,149,131
Inc. or
$
1,031,244
5.463.689
10.1
+
21,508,001
Lancaster
4,879.008
+
+
4,531,466
4,931.170
1949
$
$
$
—12.6
5,054,781
1950
1947
1948
Dec.
District—Philadelphia*—
Federal Reserve
-Week Ended February 4-
January
Inc. or
'
$
Monday, February 13, 1950
FINANCIAL CHRONICLE
&
272,200,000
281,800,000
Eighth Federal Reserve District—St. Louis—
Mo.—St Louis
1,209,182,677
Independence
Ky.—Louisville-
1,762,974
1,376,773
+
5.6
537,319,815
491,211,303
143,726,141
147,870.528
—
4.5
430,216,675
377,590,482
88,520,488
97,982,193
1.880-878
1,728532
1,568,272
7,393,555
2,193,204,837
-
+
2,154,745,780
+
0.1
1,892,120
8,625,680
7,593.660
—
1,436,040
3.4
—
1.8
2,248,864,867
1,961,152,510
506.327.507
529,381,253
+
—
4.4
Reserve District—Minneapolis—
23,555,335
395,580,771
390,768,264
3,780,388
3,687,756
1,009,692
'
4,410,000
4,691,585
4.796.363
5,128,391
1,005.899,857
230,248,388
243,163,552
5.4
5,563,038
1.2
397,097,696
333,441.176
82,445.248
78,795-371
2.5
4,183.432
6,006,108
2,660,598
2,695,318
2,984,145
2,992,359
—
—
—
—
7.5
925,643
941,208
2.5
31,772,377
27,633,368
7.4
4,659,000
Great Falls..
~
~~
Total (16
cities).
4,085,843
+ 14.8
12.189,748
Mont.—Billings" J.
4,802,237
261,657,384
178,478,547
+
7.6
80,063503
66,430,977
+
3~6
6,269,782
4,650566
1/3
3,098,304
2,558-829
05
3,074,149
2,605504
8/7
8,450/739
7.729592
2.9
367,950,121
267,255.452
—
3,789,000
14,296,876
—14.7
16,073,072
14,774,118
25,639,963
D.—Aberdeen
Sioux Falls
Huron
5,336,160
5.3
3,929.288
€.223,468
6.5
—
4.235,685
—
27.800,953
4,085,000
Minot—
23,396,752
1,276,748,255
—
1,091,944
27,114,209
D,—Fargo
Grand For
24.931,873
8.4
+
6,156,186
5.0
+
1,130,837,291
5,824,704
Fergus Falls"
24.805,583
1,036,359,251
Winona
Helena
Lewis town
+ 14.1
—
9,741,477
509,518,778
1,568,747
St. Paul
6.
1,072,202,775
11,720,998
444,466,205
7,645,859
Minn.—Duluth
Minneapolis.
Rochester.
N.
1,257,326,605
424,314.135
(7 cities).
Federal
2.7
—14.7
537,821,558
HI.—Jacksonville.
Quincy
Ninth
12,806,946
1,531,626
1,747,803
Tenn.—Memphis!
Total
1,177,460,398
10,924,058
Cape Girardeau
25,488.294
0.6
30,171,063
26,430,488
3,225,496
3,180,590
13,473,638
13,606,564
+
13,213,805
+
14,336.524
38,482,026
1,413,984
1,706,888,152
+
41,368,880
1,359,363
1,610,032,354
—
5,175,239
3.847,619
1.4
3,789.642
3,000,157
6.0
15,424,014
13,055,599
3.0
13.976,471
11,649,339
—
42,203,406
36,745,223
4.0
1,403,555
5.7
—
8.792.484
9,634577
—
348,415,676
—
338.150.694
1,144,067
—
*
7.0
+
•
—
•
.
1,874,097,776
.
..
1,513,912,944
Volume
.
Number 4881
171
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
(693)
Month of January
Clearings at—
1950
1949
$
Federal
Tenth
Reserve District—Kansas
Inc.
$
Week Ended
1948
or
Dec. %
1947
$
2,307,668
2,177,285
6.0
+
2,360,437
Kans.—Manhattan
670,488
505.012
28,987,387
7,477,881
6,055,272
+ 23.5
584,498,243
7,578,553
482,383,340
5,664,083
118,475,057
111,401,637
6.3
7.1
2,290,543
124,565,085
2,257,470
101,226,440
—15.7
1,999,603
1,522,523
2,292,459
Wichita
63,030,626
151,382,736
5,597,257
+
1,486,729
5,562,105
Mo.—Joplin
1,350,778,451
48,641.584
53,427,307
3,108,674
2,683,294
139,920,827
147,848,220
(15 cities)
Federal
2,594,880,614
33,615,164
5.5
294.042T25
11,248,223
282,229,686
4~2
306,22_L006
260,606^334
+17.2
11,443,828
10,042,744
1,577,127,429
9.0
58,552,844
49.655,441
2,573,849
2,146,548
5.4
139,754,567
79,062,414
0.3
8,986,443
7,613,341
1,830,562
1,922,103
8.6
452,765,900
410,744,914
9,913,024
7,157,940
2~095,044
1^661,734
0.8
2,964,766,453
2,463,167,781
455,361,455
429,468,641
—
30,371,508
+ 10.7
18,833,850
+ 10.0
17,254,121
2.3
1,101,207,030
840,683,591
111,632,145
108,072,321
+
3.3
107,237,862
101,191.897
25,069,000
26,739,000
912,248,064
959,202,009
Worth
Houston
Arthur
43,987,389
2,403,872,196
(11 cities)
2,409,565,408
District—San
4,988,437
ida.—Boise
547,904.432
Li ft A L X aiiClU
1
21,7297958
19,8897171
8.4
5,600,000
4,596,000
4.4
6,308,390
4,992,258
14,573,658
9,704,656
3,513~754
3,395~903
+
375
2,9337944
2,5797798
—
52,577,232
40,030,989
1,818,377,486
292,807,386
265,032,540
6,699,579
444.871,731
115,185,558
16,966,250
2,481,794
3,438,003
3.5
24,028,878
5.9
8,633,000
9.5
671,549,320
427,730,336
118,005^936
129,6467533
46,228,615
56,413,896
1.6
14,860,347
+Not
252,744,868
195,410,772
3.3
75,581,090
r
FOREIGN
'
EXCHANGE
RATES
91,852,039
3,410,636
3,374,891
976
136,956,636
87,0227467
—18.1
49,236,279
38,883,404
-
26,373,948
46,326,696
43,090,803
9.3
18,736,174
16,293,636
40,209,271
34,808,121
—
9,178,3G1
46,224,126
+
18,439,461
+
34,886,801
3,406,427,540
15,~257~869
13,5397958
+12.1
12,005,549
8,6987817
11,14~1~489
10,3287424
+
776
8,5817191
7,7407889
+1076
409,666,597
364,7747737
—20.6
10,794.381
9,892,906
4,246,939
3,383,095
+
7.8
11,424,927
9,557,068
—
1.7
1,853,505,698
393,083,491
48,027,253
1,628,718,793
48.076,918
433,219,471
1.3
9,252,626
11,659,935
2.2
20,143,232
17,122,657
3,829,372
4,346,735
4.9
37,623,935
33,403,720
6,923,826
6,945,959
1.6
3,689,120,558
3,073.570,351
761,526,556
741,459,275
—
—
—11.9,
0.3
8,477,894
6,304,560
+
2.7
759,980,978
621,927,805
+
1.6
14,340,802,919
12,983,588,800
+' 1.0
6,690,307,590
—
64,931,164,247
+
3.0
66,696,852,755
62,775,139,978
14,330,518,185
14,106,240,515
34,313,779,838
+
1.5
35,545,654,953
31,347,446,877
6,577,515,311
6,809,816,503
*
A
summary
of the
CERTIFIED
BY
3,
countries of
the world.
'
FEDERAL
1950
TO
RESERVE
FEB.
9,
TREASURY
TO
liabilities
-
Feb. 1,
•
UNDER
TARIFF
ACT
OF
1930
Assets—
Investments—Total
67,267
Loans—net
_
Noon Buying Rate for Cable Transfers in New York
..
„
—_
to
U.
brokers
i
:—
^
finiili
epeciai
.297778'"
.297778"
~
"R"
.206949"
.206949"
.174562"
.174562"
.138958"
•
cruzeiio
Closed
$
I
.297778"
.206949"
—
—
672
+
47
—
1,400
.174562"
.174562*
.138958"
2.231573
.138958"
2.231573
.138958*
Real
+
67
^eyl°n' ruP«?
.0200000
Treasury
certificates
.0544060
Treasury
of,
.144938"
.144938"
.144938"
.144938"
pound—
escudo
.0028625
.208700
.115720
.115718
.262600
.262614
.262600
.262614
2,772896
2.772896
2.772896
2.772896
'
Closed
.496166
.0347875
.327158
dollar
.140154"
.496166
.326958
.327058
.1.93329"
—
Kingdom,
Uruguay, peso
'.208700
.115722
.0347750
pound
pound
sterling
—
peso
depends
upon
following
principal
1: Decreases
changes
of $482,000,000 in
for
the
week
United States
Government
securities, $747,000,000 in demand deposits
$288,000,000 in demand deposits credited
domestic banks, and increases of $221,000,000 in United
adjusted,
to
and
States Government deposits and $188,000,000 in borrow¬
ings.
Commercial,
industrial,
and
agricultural
loans
in¬
creased in five districts and decreased in the other
seven,
resulting in
net increase of $47,000,000 at all reporting
member banks; the principal
changes were an increase
of
a
$45,000,000 in New York City and
000,000 in Chicago.
000.
'
a
decrease of $24,-
Loans to banks decreased $168,000,-
■
+
788
457
+
2,853
+
61
1,001
—
1,996
706
domestic
—
76
—
20
2,049
banks
—
172
+
38
747
+
822
+
11
+
314
+
221
+
888
9,039
—
288
+
408
1,202
—
—
298
Domestic banks
Interbank
.193329*
during week
Foreign banks
Borrowings
Debits
to
458
demand
+
12
188
+
179
deposit accounts, except
and
U.
8.
Govt,
accounts,
22,286
2.783750
2.800664
+
147
—
.327058
2.800664
23
+
2,449
.327058
.232800
94
+
12,384
Banks
15.359
.0346541
.193329"
—
2.800664
.658327" +
*
.658327"+
.658327*t
.561797" +
.561797"+
.561797*+ "
.425531" +
.425531"+
.425531*+
'
J
;
Redemption Gaits and Sinking Fund
Notices
The condition statement of weekly reporting member
the Federal Reserve System in
leading cities
■
Reserve
type of merchandise.
banks of
the
542
+
47,767
.496166
.232800
.425531*t
Condition Statement of Member Banks
shows
—
S.
.140154"
2.783750
775
6,152
5,185
Below will
ended Feb.
indebtedness—
deposits adjusted
deposits, except Government
Government deposits
Interbank demand deposits:
U.
.0346708
,232800
.561797"+
:
.425531"+
+ Application
4,327
+
Time
.496166
.193329"
.658327"+
.561797'-+
—
537
+
Demand
.140154"
2.783750
2.800703
.658327"+
—i
with
.496166
2.783750
Closed
2.800664
—
+
482
Liabilities-
.0347916
.232840
2.783750
104
3,885
Federal
.140154"
-
.193329"
.232900
of South Africa,
United
.208700
.115722
.140154"
peso
krona
•Nominal.
.0028625
.208700
2.772896
—
peso
^0028625
.0028625
In
317
458
vault.;
.262614
—
Settlements,
Uruguay,
Uruguay,
Cash
.208700
Switzerland, franc
Union
with
.0028625
a
Sweden,
Reserve
Balances
51
+
—
—
Other securities
.898125
.115722
•2£»yay-' r°?e
-Philippine Islands,
Straits
.909090
.897500
.208500
rupee
guilder
New Zealand,
Portugal
.909090
.897500
.144938"
„
Netherlands,
.909090
.0200600
—
4
168
24,796
.896406
.208500
(Metropolitan), franc
India, Dominion
Mexico, peso
of
bonds
.909090
.0200600
4
<
—
notes
.208500
+
—
—
4,455
.0200000
.0200600
415
3—39
2,762
.0544060
.208500
+
37,595
securities—Total
bills
.0200000
.0200600
_
347
_
30
154
Government
S.
—
426
.0544060
.0200600
rUna
147
loans
8.
Treasury
—
4,396
.0200000
.203500
SS2rl°Vi
'
krone
Denmark,
512
carrying:
obligations
or
loans
.897187
—„
ftance
estate
Other
O.
2.231573
757
pur¬
853
purchasing
Government
.909090
rree
for
to banks
U.
—
S.
for
.0544060
.0544060
dealers
obligations
securities
Loans
Canada, dollar—
Official
and
Other securities
.206949"
4,571
92
87
agricultural
and
Government
loans
U.
.297778*
.206949"
.174562"
2.231573
Other
Feb. 9
.297778"
.
138958"
2.231573
.0200104
Feb. 8
Feb. 7
^
"
^fprenUAl
inK,
SSi
Brazil,
Feb-G
^
^
Basic
'
'
Fcb-4
+
—
—
carrying:
or
S.
Other
Feb- 3
.rtrpnMno
Argentina, peso—
551
—
24,861
13,918
chasing
Value In UnltecPStates Money
1949
24,487
4
Commercial, industrial,
■
Feb. 2,
1950
(in millions of dollars).
and
Loans—gross
1950, INCLUSIVE
Jan. 25,
1950
Loans
.
reporting
Dec. (—) Since
-
We
loans
Country and Monetary Unit
of
Inc. ( +) or
Loans
BANK
assets and
member banks follows:
just passed:
FEB.
^
5,860,758,230'
tNot available.
Treasury the buying rate for cable transfers in the different
record for the week
a
116,604,892
+
Pursuant to the requirements of Section 522
of the Tariff Act of 1930, the Federal Reserve Bank certifies
daily
give below
2.8
—27.8
'
—
Foreign Exchange Rates
^ecretary
7,948.942
211,540,080
28,093,819
26,093,589
66,864,836,484
in totals.
8,160,653
260,661,937
63,692,279
36,044,902
3.0
+
34,833,207,873
included
0.4
10,717,732
2.7
3.8
—
3,352,816,707
(183 cities)
_
6,862,000
18,849,097
York
f—
16,758,311
33,174,130
total
— — —
—
+ 10.5
.
112,056,341
16,656,329
1,685,427,431
Barbara
(19 cities)
-
5,021,457
480,231,470
46.806,925
_
Stockton
•Estimated.
9,013,937
2,378,558,845
1.4
9,890,120
__
Outside New
8,978,676
0.2
...
3,979,635
35,022,210
4.7
1,656,978,388
Francisco
Total
4,582,427
39,145,356
*
Riverside
San Jose
4.8
1.4
+ 31.3
17,652.966
'
.
Grand
2075
'■+
—
51.149.891
_
Pasadena
Santa
+
5,725,000
—
26,010.284
Long Beach
Modesto.
19^562~391
6,205,000
—
30,076,411
.——'a
.lino
23~537~055
+ 22.1
28,930,091
16,016,395
•-
169,9TO7666
20,176,000
—
71,882.887 *
62,457,521
■ -
215,0917666
96,093,037
—
69,482,654
-
6,616,169
9.9
685.836,631
+
10,680,680
.26,788,726
r.itfL
7,146,382
+
81,430,183
+
241,628,020
_
Berkeley
104,904,056
+
605,468.289
10,512.054
235,025.223
_
+ 22.2
*
—17.0
7,624.000
_____
Ariz.—Phoenix—
6,282,992
221,052,317
925.659.368
—
4,920,617
7,174,000
_
Lake City
7,676,575
242,896,326
4.9
+
14,425,353
28,310,514
29,301,941
Utah—Ogden_
26,631,470
23,235,000
—
462,410,459
11,973,994
_
;
29,730,072
Francisco—
_
Portland
398,017,154
111.959.367
—
4,623,279
43,362,581
_
_
473,161,849
—
4,842.963
La.—Shreveport
Ore.—Eugene
6.0
+
+ 19.7
6,537,367
16,980.404
Texarkana
Yakima
1,683,271
1,525~487
6.0
—
20,324,253
_
Reserve
1,944,211
1,708~069
6.2
+
—
6,249.547
Falls—
Federal
4.8
+ 26.1
—
13,827,815
+
Paso
Wash.—Bellingham
+
9,597,937
4.6
+
+
—
1,093,026,384
Galveston
San
10,567,744
20,718,943
Dallas
*
5,636,861
12,718,831
1,118,571,674
Beaumont
•
5.764,096
+ 32.9
District—Dallas—
Reserve
Texas—Austin
Salt
+ 10.3
9,739,943
—
9,204,057
2,575,155.935
-
5,780,318
12,940,325
7,445,785
1,305,209,697
—
410,627,224
8,776,242
6,374,826
50,748,598
6,269,024
—
10,486,230
446,108,927
Denver
26,483,061
56,983,731
0.6
+ 15.9
1,275,860,408
Pueblo
28j969,458
2.7
+
'
City
10,522,328
3.7
+
Carthage
Okla.—Tulsa—
Colo.—Colorado Springs
+
+
St. Joseph—
Twelfth
559,178
513,826
—11.9
31.-7~21.35i
•452,545
6.5
3.6
31,582,841
Total
$
547,682
+
1,252,735
Wichita
—25.0
4-
32,751,081
Port
566,185
27,624,544
Parsons
El
424,867
1947
487,717,132
Topeka
Ft.
s
29,428,231
;
Omaha—
Eleventh
1948
Dec. %
505,393,523
2,455,824
Lincoln
Total
Inc. or
$
1,749,322
Hastings—.
Kansas
1949
$
City—
Neb.—Fremont.
February 4
1950
$
45
Substantial
decreases in
holdings of Treasury certifi¬
cates of indebtedness and increases in holdings of Treas¬
ury notes occurred in most districts, partially reflecting
the exchange of maturing certificates for a new 20month note issue. Holdings of Treasury bills decreased
$316,000,000 in New York City, $42,000,000 in the San
Francisco District, and a total of $458,000,000 at all re¬
porting member banks. United States Government bonds
increased $61,000,000.
Demand
deposits adjusted decreased in nearly all dis¬
tricts; the principal decreases were $384,000,000 in New
York City, $133,000,000 in the Chicago District, and $58,000,000 in the Philadelphia District. United States Gov¬
ernment
be found
deposits credited
to
domestic
banks
decreased
in
most
the
current volume
the details
were
(except where indicated)
given in the "Chronicle."
NOTICES
1st
Valley
and
Heller
ref.
$35,000,000 in the San Francisco District.
in which
TENDER
Date
Page
RR.—
4'/2%
mortgage
(Walter E.)
&
Co.,
bonds,
5Vz%
due
1961
Apr
12
554
Mar 27
557
5% income and sinking fund bds., due 1953_Feb 24
Lackawanna Laundry Co., Inc., 1st (closed) mtge. bds._Mar
1
557
Hotel
Drake
preferred
stock
Corp.—
1st mtge.
PARTIAL
Atlanta
Gas
1st
Light
Co.,
Cllnchfleld &
mortgage
4s,
Date
Zlh%
1st
Ohio
series
3 %
bonds,
due
Page
1
-461
1963_Mar
1
461
Mar
1
353
1st mtge. bds., due 1974_Mar
mtge.
558
REDEMPTION
Company and Issue—
Carolina,
and decreased
OF
Company and Issue—
Aroostook
Arizona Edison Co., Inc.,
Borrowings increased $242,000,000 in New York City,
bonds, notes,
and common stocks called for redemption,
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
deposits increased in all districts, and demand
districts.
list of corporate
a
preferred
including
Ry.—
A,
due
1965
46
COMMERCIAL
THE
(694)
FINANCIAL
&
P.R.—
bonds, series D, due
,
..
4
.
12223
l982„Mar 1
Co.
1st
mortgage bonds, series A, B and C——
Connecticut River Power Co.—
1st mortgage 3% ft bonds, series A, due 1961
Cleveland Union Terminals
Gas
Eastern
x
Feb 15
35S
5a6
and eollat. trust 3% ft bonds, due 1974_Mar 1
Eastern Ry.-~
3'A ft bonds, series A, due 1970
—Mar 1
Empire Dibtrict Electric Co.—
1st mortgage 3'A ft
bonds, due 1939-—•-—----—Mar 1
Equitable Gas Co., 1st mtge. 3'A ft bonds, due 1973—Mar 1
firemen's Insurance Co. ol Newark, N. J.—'
$4
preferred stock
J?
First Investors Shares Corp., 6ft
conv. deb. bonds-.-Feb lo
Goodrich <B. F.)
Co., preferred slock
Mar 3
Narragansett Electric Co.—
1st mortgage 3ft bonds, series A, due 1974—..
Mar 1
Northwestern Public Service Co.. 5'Aft
pfd. stock——Feb -8
Oklahoma Natural Gas Co., 1st mtge. 2%s, due 1961— Mar
1
Richmond Terminal Ry., 1st mtge. 3% ft bds., due 19C5_Mar
1
West Virginia Pulp & Paper Co., 4>A ft pfd. stock
Feb lo
1st mortgage
&
ioo
mortgage
Joliet
182
Elgin,
1st
preferred (quar.)
Atlantic
Associate).—
Fuel
&
Apr
4(2''
463
40i
izf.
359
bo l
Refining Co.
Class
A
Axe-Houghton Fund,
(W.
Barber
Belden
Products Co,, pat tic. pfd.
15
Feb 15
stock
1,
due Jan.
stock
...
—Mar 1
Mar 1
Apr 1
May 1
Feb 15
1966
preferred
3 'Aft.
Corp.,
5oo
,
w
5ft"gold debentures, due March 1, 1969—
5% gold debentures, due April 1, 1958—
5ft gold debentures, due Nov. 1,, 1963
Boston
1
due 2019—-.Apr
Cities Service Co.—
gold debentures,
1
357
5ft preferred stock.Feb
American Chain & Cable Co., Inc.,
Chicago, Rock Island Si Pacific RR.—
General mortgage 4'A '/ Income bonds,
First
*"*5®
Date
—
463
190
102
102
12584
mortgage 4% bonds, due 1966
—
Feb 14
3 V'2 ft
serial bends, due 1950 and 1951—
Hastings Square Hotel Co.—
6ft
1st mortgage bonds, dated
1914
Johns-Manvllle Corp.,
3ft ft
preferred stock
Mar 6
Mountain Home Telephone Co., Inc.—
1st mortgage
4ft' bonds, dated 1946———
Feb 15
Northern Indiana Public Service Co., 5ft
pfd. stock—-Feb 27
First
.
_
103
103
.
360
558
;
559
465
594
Sharp & Dohmc, Inc., $3.50 series A. preference stock—Feb 20
They Shovel Co., 7ft
preferred stock———
Mario
U.
Axle Co.,
S.
gold bonds-—
6',
In
♦Announcement
this
Issue,
Mar
—
tin
Volume
500
593
l
170.
preferred
3%ft
Shoe
Brown
of
thousands
Class
B
Feb. 8,
1950
1950
(quar.i.
Assets—
$
$
Gold certificates
Redemption
notes
22.584,431
—
fund
+
Bullock's,
Special
A
Central Steel
540,030
—
3.213
—
Other
gold ctf. reserves
23,124,461
333.040
cash
Discounts
and
advances
Industrial loans
U. 6. Govt,
—
31,083
—
223,296
—
2,122
232,416
—
—
—
12
—
3.703.972
+
—
83,349
6ft
preferred
Co.,
-F
Bills—
—
6,305.350
Boads
■„
6,968.900
preferred
Total U. S. Govt, securities-
17,655,722
Light
Class
B
262.919
Continental
287,950
Coronet
Mills
Curtiss-Wright
loans
and
securities—
17,881,140
Due from foreign banks
F. R. Notes of other banks—
38
Uncollected
Ban's
items
116,761
premises
13~369
—
+
166
•+".
111,453
—
144,374
—
34,295
Other assets
—4,720,804
+
1,380
+
—
$2
assets
44,005,312
658,332
—
22,929.355
—
bank—reserve
acct.
Foreign
;
16,265.341
acct.
Treasurer— gen.
366.070
904,273
—;
Other
527,896
deposits
—
availability Items—
Other liab,, Incl, accrued divs,
Total
1
liabilities
18,063.580
A
71,795
2,034
52,885
$2
class
8,799
629,367
pfd.
7',r
preferred
3:!i'v
A
+
186,047
+
70,481
43,141.370
—4,139,403
—
666,085
—
preferred B
Monte
Delnite
Properties
41,362
2,003
—4,729,411
Ltd.,,
Mines,
RR.
(Section
A
Dominion
Ltd.
(Section
13b)
Other capital accounts
11,086
21,462
Eddy
+
31,329
Utilities
Electric
27.543
134,149
7,615
+
Controller
Electrographic
Electrolux
Total liabilities & cap, accts,
Ltd.,
Paper Co.,
ft
Corp.
Ratio
of
—4,665,534
gold certificate reto deposit and F. R.
aerves,
note
658,332
—
liabilities
combined
56.4ft
+
6.0 ft
Contingent liability on accept¬
ances
Commitments
—
to
make
1,017
+
4,173
1,799
62
+
63
indus¬
trial loans
—
—
(quar.i
—
—
—
of Canada—_
„
.
Name ol
Abltibi
$1.50
Adams
Company
Share
& Paper
Co., Ltd., common—
preferred
(quar.)
D.) Manufacturing Co. (quar.)—
$50c
3% ft
Mfg.
preferred
Co.
of
Co.,
common
Co.
American
Encaustic
American
Insurance
American Potash
$4
3-
l
3-1
3-15
50c
3-31
3-
3-
2-20
(quar.)—
81 %c
50c
93^c
5
3-1Q
3
2-20
&
<N.
J.»
3-10
3-20
3-10
2-28
2-21
Amer. Radiator & Standard
L_l
General
General
$3.75
$5
Inc...
—
(quar.i—
$1.50
(s-al
Container Corp
Batteries (quar.i,—
Motors Corp., common
(increasedi_
preferred (quar.i
:
,
Dry
preferred
General
(quar.)
Phoenix Corp.*
preferred
$1 pfd.
(quar.i.——
(quar.i
General
Precision
Glidden
Company,
common
preferred
(quar.i—
Godman
Equipment Corp.—
3.
j
Gordon
3_15
3.
l
Class
3-15
3.
1
25c
Brothers,
$2.50. preferred
3-1
3-15
25c
Co., Q'A
(H. C.)
Goldblatt
4-1
$1.75
B
i
2-15
2-15
preferred
common
Great Northern
2-
Hackensack Water Co.
Paper
Co
434 '/r
Morris
The
1-30
3-
1
(quar.)
3-
1
2-17
3-
1
2-14
4-
1
3-13
3-15
2-24
(quar.25c
3-
1
2-13
3-
1
2-13
50c
3-
9
50c
3-
1
87V2C
-4-
1
50c
......
pfd.
Co..
(quar.i...-
2-23
2-18
-
3-10
2rl5
15c
common,
(quar.i
2-15
$1.25
—
f
(quar.)—.
J$1.19
(quar.i
Corp.
2-27
3-10
3-10
2-17
Cylinder Gas Co,
1
2-15
3-10
2-15
3-
43'»';
common
Food
National
Stock
2-10
Selected
1
2-18
stock
Railroad
3-17
Retail
2-23
The
Corp.
series...
trade
Industrial
2-15
Aviation
shares
3-23
Building
World
New
York
2-24
2-16
4-10
4-10
Life
Insurance
2-
6
2-
6
Warien,
$3
Corp.
preferred
2-25
2-20
3-10
2-20
Tube
Life
Power,
Ins.
Pennsylvania &
3- 1
2-15
$4.25 preferred
3'/2'A
1
2-14
50c
3-
1
2-20
3-10
2-28
150c
?40c
4-
1
3-
1
1
j$i
3-15
2-15
3-31
3-
7Cc
$1
3
1
2-14
2-23
2-18
3-
1
2-
4
1
2-
4
2-
1
1-20
3
3-15
3-
3-24
3-15
3-10
2-15
90c
as
quar.i
$1.25
a
1
2-15
2-10
2- 1
2-27
2-15
3-
50c
6?'/2C
Co.
Grinding Wheel
&
preferred
Corp.
(quar.i
Company,
(quar.).—
com.
—
(quar.).
1
2-20
3-
1
2-20
20c
3-23
3-17
2-15
lOc
Gas
2-20
3-
5c
(quar.)— l
Co..
1
12'Ac
(quar.)
3-
$1.06%
common
Southern
$1.50
payment.
(quar.i...
(quar.)
Transportation
(Charles)
33-
40c
Pennsylvania State Water, $7 pfd. (quar.)—
Perfex Corporation, 4% A pfd.
(quar.)
Pfizer
2-
3-
incorrectly reported in
Pettibone-Mulliken
25 '/c
50c
2
2Cc
(quar.)
(quar.t
(increased
Parkersburg Rig & Reel,
2-15
2-8
2-23
2-28
3-
37V2C
Co.
(quar.)
Proof
Peninsular
2-20
(reduced!
was
Company
Parmelee
3- 1
Co.
Monday's issue
Pen
Parker Rust
2-15
60c
3-15
3-15
60c
<s-ai
Co.
div.
3-10
•
2-23
J $1.12
Co.
common
preferred
Fire
The above
4- 1
8
2-28
2-23
3-15
+$1
Insurance
3-15
3-15
2-
(quar.i
Insurance
last
(quar.)
(quar.i
(quar.)
Old
Parker
2-28
3-15
Light & Power Co.. Ltd.—
Ohio Casualty
Ohio Seamless
$3.60
2-28
3-15
f9c
Ltd...
Railroad
preferred
preferred
Pacific
3-15
3-15
12c
60c
(quar.)
Co
Service
Pennsylvania
Tail
1-31
8c
Mining Corp.,
Line
1-31
2-15
6c
Storage Warehouse
Normctal
Otter
1-31
2-15
7c
...
Water
Scotia
1-31
2-15
8c
,.
(quar.),.—
Niagara Lower Arch Bridge, Ltd. (quar.i
Niagara Wire Weaving Co., Ltd. (quar.)
Noranda Mines, Ltd
4' a>.'f
1-31
2-15
10c
—__
series
shares
New
1-31
2-15
distributions:
shares
Bedford
2-15
9c
stock
Chemical
4'7t
1-31
of
...
3-24
2-15
estimates
are
series
series
New
Nova
1
3-
2-15
7c
shares
2-28
2-20
3-10
6c
shares.
amounts
15th
March
3-15
2-20
1
3
8c
shares.
following
the
North
3-
2-
7c
equipment
Income
8
2-20
10c
„i
shares
Institutional
2-11
1
11c
...
1—
3-15
2-15
2-20
3-
50c
(quar.i
series...
2-10'
Oil
3-10
$1.06
$1.18%
14c
group
Railroad
6
3-20
2-10
20c
(quar.i.
series
series
9
3-15
3-15
1
Trust Funds—
Balanced
2-15
Products
3-30
4-
10c
(quar.i
preferred
12'Ac
75c
(quar.i:
2-10
2-
(quar. i__
.....
4'Apreferred
National
40c
....
pfd.
(increased)
National
112'ic
<25c
(stock dividend)—-
80c
55c
$1.15
;
By-Products
2-17
2-15
common...
(quar.)
A
Co...
National
3- 1
3- 1
2-15
3-15
4- 1
3- 1
3-15
3- 1
4- 1
4-1
2-20
,
62'Ac
2-17
(quar.i..
$3.50
Murray Ohio Mfg. Co.
(quar.)
121 ic
3-10
2-20
3-10
Munising Wood Products. 5A
3-10
-
1
2-27
have read 593ac instead of 59%c.
Wheel
Motor
4- 1
.—.
4-
50c
1
Paper Mills
12'ic
62Jic
—•
3-10
preferred payment reported last week
should
3-10
5c
3-10
1
& Company, Ltd.—
preferred
(quar.i—
(quar.i,
(quar.).,*.
2-20
preferred
2-24
4-
Co.,
3-
4-
$1.25
Hardware
Moore-Handlcy
Morgan (Henry)
3-15
37Vie
(quar.i
common
Chemical
2-24
50c
pfd.
Inc.
Tool
3-10
1
(quar.).
Machine
2-15
3-15
Co.__
Mills,
Carpet
9
1
3-
4-
Regulator,
Service
3"
25c
$2
$4.60
2-17
2-20
1
50c
(quar. i„___
Light Co
Power Co.,
preferred
5'/>
15c
3-
2-20
2- 1
3-10
56V4C
quar. i
2-20
1
pfd.
,—_
(quar.i.
3_
2-15
(quar.)
Mackay Stores, Ltd., class A
Grand Stores Co.,
5',r
Inc.,
3-24
1
2-15
3- 1
3-10
3- 6
3-10
5- 1
5- 1
2-15
2-15
3-15
3-12
4- 1
3- 1
Gaylord
1
3-31
"
2-15
$2.75
37 Vic
10c
$1.50
933ic
$1.25
25c
37Vic
25c
40c
class A
2-17
3-
15c
$1.62'/a
35c
Inc
Co.,
preferred
k
Power
Northam
—
preferred
$1
.
...
6
Wayne & Jackson RR. Co.—
4(i','r
Sanitary'Corp.—
2-27
12-
2-17
450
i.
4- 1
3-10
Monroe
3- 1
4- 1
371^0
(quar.t..:.'...,
2-13
6
25c
75c
37J;»c
;
2-20
convertible
9-
3-
$3
1
(quar.i,..
Minneapolis-Honeywell
Monarch
3-21
Wallace,
3-
(quar.i
(quar.)
pfd.
preferred
P'ping •& Supply
6
$1
5 ti
preferred
Midwest
(quar.i.
(quar.)....
Co.
Corp.. $1 conv.
non-cumulative
6-
t$l
Forbes
2-17
Tube Products Co.
Steel
Mohawk
8-11
2-27
12'Ac
(quar.)
Chemical, class A (quar.i
7'ir preferred (quar.)
Arnold Hoffman & Co.,
1
1
50c
(quar.)
Tiling Co.
4-
4-
—
(quar.)
preferred
Common
1
25c
American Chicle
B
4-
3-30
Irregular
Class
Payable of Rec.
4-1
common
$3.75 preferred (quar.t
American Casualty Co.
(Reading, Pa.i
Holdert
25c
(quar.)
America,
When
$37ftc
(J.
Allis-Chalmers
announced
f>pfd.
Utilities Co., common
2-11
Fort
Per
_
Power
Aluminum
were
Packing,
Public
2-15
8-15
Federal Mining & Smelting Co
—
Fitz-Simons & Connell Dredge & Dock Co.—
The dividend payments shown below
during the current week.
1
10c
Missouri
2-15
Quarterly
3-
81'Ac
(quar.
Missouri
$$1
is-ai
,
Semi-annual
DIVIDENDS
2-28
10c
2-14
U25c
Canada
preferred
1-31
(3-10
common
2-14
2-15
of
3-15
2-15
20c
...
Mississippi
3- 1
Co.
3-30
1
37'L'C
3
(quar.i,...,
2-24
3-10
*
62V'ac
(quar.i
3-10
2-28
3-
—
Insurance
2-15
Minnesota
4Vi<;
—
2-15
2-23
3-15
3-15
Fire
3-
50c
(quar.)_.____
2-21
4- 1
3-31
3- 1
Extra
2-15
3-15
2-28
3-31
20c
Federal
2-24
....
3-10
20c
Co.—
Brewing,
(quar.)——133.4C
;
25c
2-28
Farmer Candy
Fanny
2-15
2-28
8
pfd. (quar.)
$0.185625
Shops, Inc. (quar.i—
37'/ic
Federal Enterprises, Inc., common (irreg.i—
12Vic
$1.25 convertible preferred (quar.)
31 Vic
Plantation
Falstaff
7,529
——
1
3-10
common
Corp.,
H.i
Preferred
Mills.
Cotton
3-
__
....
2-18
$1.50
$1.75
(quar.)—.—
Ewa
purchased for foreign
correspondents
j
common-.,
Erwin
25c
30c
(initial)
A
2-
50c
(quar.).—.
Equitable Life Insurance Co.
1.
4
1
6
3-22
6-21
2-28
2-
3-
1.
2-
Public Service
Michigan
6
1
7-
3-15
Oil
Michigan
3-
4-
$1
2-23
Corporation
partic.
3.2r;
3-21
I
$1
Steel Products, common
2-17
2-20
2-18
3-31
25c
(quar.i
Telephone
<H.
o'<
4
2-23
150c
Midland
3- 1
3-18
3-18
6-19
9-18
12-13
3- 1
3- 1
3- 1
3- 1
3- 1
3-
$1
(resumed),*.
Company,.;
preferred
Oil
$3.25
8'/
2-20
(quar.i.,—.
Midland
2-28
4
Co.
preferred
C.i
Textile
$2
3-
common
1
3
2-23
3
2-
3-15
3-25
4- 1
3- 1
...
4'/i. preferred
9
50c
3-15
3
2-27
t25c
$1.25
25c
i40c
25c
40c
$1
£50c
Corp,
2-
3-
3-15
3- 1
3- 1
2-24
3-15
(quar.i—
Corporation
Johnson
9
1
3-
3-15
4- 1
+30c
37Vic
62tic
15c
$37!-ic
25c
,
Ely & Walker Dry Goods
9.
2-
3-
,
3-
2-24
12c
50c
$1.25
20c
(quar.i—
Endlcott
44,005,312
2-
25c
1
3-15
Meyer
class A (quar.i.
Mfg. Co.,
Associates
1
3-
3-15
2-
50c
—
(quar.),.,—
2-15
3-
3-15
2-15
50c
93:5 ic
93;1ic
35c
(quar.i
;
3-15
15c
Paper
Corporation,
Metal
3-
3-15
Candies,
Meadville
4
2-10
1
40c
Extra
2-17
1
2-17
50c
Inc.—
convertible preferred
$2.50
2-
2-21
25c
(R.
Messer
1
3-15
1
50c
3-15
50c
50c
50c
50c
$1.75
Drewry's, Ltd., U. S. A., Inc. (quar.)——
East St. Louis & Interurban Water Co.—
Eastern
&
Company,
Convertible
2-24
4-
5
3-
2-15
6
4-
5c
Metropolitan Brick
25c
25c
(quar.i—
preferred
$1
:
$10
(quar.),,.——
(quar.i
25c
2-
3-15
3-
.^
$1,50
75c
$1.75
■—
preferred
75c
(quar.i
2-28
40c
62VL<c
10c
Company
Stores,
2-28
common..,,
3- 1
HOC
Co>:—
—
1
2-15
50c
2-17
50c
75c
-18%C
fl3c
(quar.),,
(quar.i—,,.
Pepper
4-
common
20c
Productions (see Walt Disney)
Corp.-Seagrams, Ltd.—,
Cup Co., common (quar.)
—
Class
Dr.
2-23
Participating
(quar.i..—,
pfd.
1
(quar.),
Corp.,..
Products
Power
Mary Lee
—
Distillers
+
138
+
488,173
-
1
...—......
Cement
Aircraft
Lyon
2-24
1
4-
...
Ludlow Mfg. & Sales Co..
3-17
3-
4-17
...
1-31
Disney (Walt)
+
214,077
7)-
3-10
3- 1
(quar.),
11'c
Capital Accounts-
Surplus
Surplus
McCord
(quar.)
a,——
Co. (quar.i
Brook
Bound
&
6'/
Capital paid In__
Maytag Company
3-10
40c
40c
$1.37 'A
3-15
3-20
$1.25
2-15
3-17
2-10
1
1
4
15c
(quar.)—.
Portland
550
2-10
(increased quar.i
Diamond
+
3- 1
3-25
4- 1
4- 1
3-10
———
Inc.,
Sons.
Diamond
+
$1.25
50c
$1.75
SI
(quar.i—^
pfd.
(quar.I
A
Cushman's
Dayton Pwr. & Light, com.
—3,331,571
101,695
2-10
—
—1,064,360
583,113
3- 1
3- 1
3- 1
—
(quar. 1—
12,750
—
12ftc
35c
$1
(quar.i
33,354
—
2,139,636
2-28
common
A
Dixie
Total
Deferred
3-15
—
266,263
—
$3.25
—
(quar.)
Ice & Ccal Co., 5'*
—
1
—,
270,746
—
3-
-
Diamond Alkali Co.
Member
6.
Corp.,
class
—4,665,534
18,173
+
3-13
3-15
2-10
3- 1
(quar.i
A
class
Deposits:
—
75c
15c
25c
75c
Mahon
3-
120c
1
(quar.i
(quar. )
Paper
&
pfd.
(quar.i
preferred
50c cl. A (quar.)
(quar.)
$2
Delaware
notes
preferred
'6'}
—
$2
Del
Federal Reserve
fi'/c
1
(interim),
Corp
24,293
Liabilities—
O.
class
33i r'r
Total
1
3-
Co
11
—
2,404,124
;
431,838
—
3-
2-18
2-24
5-
...
preferred
Company,
2-14
2-18
2-17
3-15
1
4-
3-31
(quar.i
3-13
Magnavox
2-17
1
3-10
$1
Pipe
MacLaren
1
3-
3-15
....
Metal
3-
2-20
$1.50
Lockheed
2-14
3-31>
(increased).
Company
Joint
2-23
J.i—
(quar.i
25c
(quar.)——
$2,50 pfd.
(N.
Extra
Lock
2-21
3-10
Ameiica
Power,
2nd
Company
D.i
5 ','u r,<,
Corp
Companies
(H.
8
3-15
2-20
.....
District
25c
87J/2C
Securities, 7',-i
Forster
&
Curtis
Wells
1
2-
125c
—_
„——
Phosphate
Petroleum
Crum
Total
Common
Louisville
1
Co.
(resumed
Co.
preferred
4-18
3-
2-15
$1.50
(quar.i
(quar.i...
2-
-
Refrigeration
Copeland
Creole
Ltd.,
Power
Water,
Co.
convertible
5'/c
2-15
Baking
Mines, Ltd.
Superior
4-28
3-31
2-28
Ltd
5
8
pfd.
Utilities
Company.
Lake
3-18
——
Consolidated
9
3-31
—
Power Co
Corp.
&
9
2-
SI
class A——'
Co.
Iris,
Lake Shore
2-
2-15
(quar.i,:—
Life
2-10
(John),
3-1
2-28
common—,
com.
Public Service Co.
+
—4,694,263
Lee
Labatt
3- 1
—
—,—
Community
—
199,410
—
Lane
S1.121
(quar.i
——
—1,583.069
—3,136,225
3-27
1
—
5xk
Consolidated Theatres,
134,400
4- 3
3-
—
Co.,
Quarterly
19,700
—
$$2.35
$20c
$25c
flOc
—
Discount",
27,000
+
Kuhlman
common.
Co.,
Broadcasting System,
B
-k
57,710
—
677,500
—
-
3-15
$6 pfd.
(quar.i
Electric
1
3-20
60c
Company
2c
30c
preferred (quar.i—
2nd preferred (quar.)—
Consumers
-
—
King-Seeley Corp., 5'i
conv.
Knights Life Insurance Co. of
3-31
3-20
3- 1
2-15
2-15
(quar.i,
24,021
1,318
3-15
2-28
(quar.)
Consolidated Gas
27.859
Kcrite
&
preferred
3-21
3-21
(quar,)
(quar.i
Restaurant
5'ir't
2-20
3-31
13aic
50c
Kern County Land
preferred
Kents
2-22
2-24
93nic
2-28
l'/r
2-15
2-20
2-
$1.75
Kansas Gas & Electric,
2-20
...
(quar.i
—
Peabody & Company,
Class
common
2-17
2-15
1
2-15
$1.25
common..
(quar.i
Company,
preferred
2-15
1st
Commercial
Tea
3-Vi'1
3-
2-20
1
10c
37Vic
...
(quar.),
3-lo
(quar.i—
preferred
Jewel
4- 6
3-
$1.25
Co.,
—
115c
common
Machine
Milling
1
3-20
2-16
4-20
t40c
Co
50c
(quar.i—
Company
$4 preferred
Water Supply
1
3-
8c
Engraving
preferred A
$5 preferred B
Holdern
Payable of Rec.
Ltd.—
^
Oillier
&
Canada.
of
Co.
50c
Fund
Selective
$5
2-15
3-
Nickel
Quarterly
4- 1
3- 1
2-28
2-28
3-15
2-28
Mills, Inc. (quar.i
Engineering (quar.)
Chicago Corporation. $3 conv pfd. (quar.).,
Chicago, Milwaukee, St. Paul & Pac. RR. Co.—
$5 preferred
(irreg.),,.
Cincinnati
International
50c
.
preferred (s-ai,_
$1.25
45c
50c
37ftc
% 11c
30c
Ribbon
Century
82,651
securities:
Certificates
Notes
39,214
—
3-15
3-15
Chambersburg
Connecticut
Total
tVbc
25c
(irreg.)
Corp,.—,
Wire
Extra
—
Jamaica
Co.—
(quar.)——,,.
&
7
2-15
—
National
Central
7
2-15
—,
Natural Gas, Ltd.
Public Service
preferred
Inter-Ocean Securities, 4r>
3-15
—
Carson, Pirie, Scott & Co.. 4'.2'; pfd,
Central Detroit
Warehouse
4ft
6
Jahn
Ltd
iquar.)
Central Illinois
Inter-Ocean
3-
51
Sugar Co.,
Class
partic. preferred tquar.i.
Reinsurance
(initial)
conv.
4-14
<s-at
common—
Ltd.,
Canadian Western
$1.50
1
Investors
(quar.i
Co.
Terminals
&
Canada & Dominion
Foiis,
Imperial Varnish & Color Co., Ltd., common
2-17
2-15
(s-ai —
Stone, Ltd
Crushed
Canada
2-17
3-
——
Refrigerating
preferred
5ft
.
$2.50
California-Western States Life Ins.
Camden
(quar.i
(irreg.)
3-
4-1
—
Dock Co., Ltd., class A
Corp. (quar.i
Burton-Dixie
—
....
Fund
Plan
3- 1
4-29
3-15
(quar.)
:
Howe
*7ftc
com.
(monthly).
Bartlett & Co.
2-17
4- 1
(quar.i..—
(increascdi,
Co.
7
40c
90c
t30c
*25c
..1—
Paper Co
Holyoke Street Ry., preferred
Honolulu Oil Corp.,..
7
3-
(quar.)
Monthly
flinde & Dauch
2-20
3-
$1.50
15c
50c
7)ic
20c
20c
20c
30c
31 Vic
$1
4'ic
?25c
137'ic
(quar.t
common
Monthly
,.$$0.2343%
common
Inc.
Burrard Dry
2-20
50c
common
(q(iar.)
Pillot
&
Co.,
(quar.i
Company,
convertible preferred
$2
3-
Company
Commonwealth
166,000
$1.50
25c
preferred
HartrCarter
2-21
3- 1
3- 1
3-15
3-14
60c
$1.50
(quar.)—
Drug
Buffalo Forge
R.
F.
for
20c
-
preferred
$5
$3.5u
<
36.001
—
2-15
—
(quar.i,—,,--
Company,
Columbia
1949
2-27
3-10
3-28
4- 1
3- 1
(quar.i-
Brunswig
4'v
Increase (+) or
9c
25c
50c
(quar.i_
Extia
Cluett
decrease (—) since
Feb. 1,
Feb. 9,
Hibbard, Spencer
$1.12ft
preferred (quar.i
Bruck Mills, Ltd., class A
5'/
dollars)
2-17
83.60
7',)
(in
Henke
,
common
City Water Co. of Chattanooga
Reserve Banks Combined
2-17
Bigelow-Sanford Carpet Co., com. (quar.i—,
6ft preferred (quar.i
Birmingham Water Works, 6ft pfd. (quar.),,
Bond Stores, Inc.;—r—
British-American Oil Co., Ltd., com. (quar.i
Chiksan
Statement of Condition of the 12 Federal
3-15
3-15
3- 1
—
Canada
Greenbrier, Cheat & Elk RR.—
2-17
40c
(quar.t
preferred (quar.i
Manufacturing Co.
4ft ft
2-17
3- 1
3-15
412'.2c
Inc.,
Company
Brunswick-Balke-Collender Co..
Company and Issue—
5ft
.56
594
398
ISSUE CALLED
ENTIRE
American Vitrified
560
H.t
3- 1
....
(quar.)
Manufacturing Co.,
Bates
„
5o.)
Works
Gear
2-21
—-——
(quar.i,
Automotive
3- 1
UOc
—„
(quar.t—
Co., Ltd., common—
Service
Electric
Auto
(quar.)—-
—
When
Per
Share
Harbinson-Walkcr Refractories
25c
30c
$1.12Va
50c
Artloom
Carpet Co. (quar.)
Atlanta Gas Light Co., common
Name of Company
Payable of Mee.
Share
Name of Company
Holdert
When
Per
Page
Date
Company and Issue—
Chicago & Western Indiana
1st and ref. mtge, 4V*'«
Monday, February 13, 1950
CHRONICLE
2-15
1-26
2-
9
$1.75
3-
1
2-10
$1.12'2
3-
1
2-19
40c
50c
87'Ac
2-20
2-10
9
2-23
3-31
3-15
3-
Volume
171
Number 4881
THE
When
Per
Name of Company
Phelps
Dodge
Share
Corp
Philadelphia Suburban
Transportation
25c
Extra
3-
1
2-15
25c
3-
1
preferred
20c
3-13
4-
1
S5
preferred
(quar.)/
Common
dividend
3-
1
2-17*
will
paid on
be
(quar.)
3-
$1.25
__
from
payments
now
2-17*
1
on
quarterly basis.
a
11
preferred (quar.I
Purity Bakeries Corp. (quar.i
$1.75
Inc.,
Silk
$1.60
non-cumulative
$1.60
non-cumulative
$1.60
non-cumulative
$1.60
Mtg. Co.,
3!zf<>
common
convertible
Reynolds
iR.
3.81
Tobacco
J.t
preferred
4.50'r
k
Sears,
&
(W,
(quar.)__
:j:40c
j40c
12-
1
3-
1
2-18
4-
1
3-17
2-25
2-10
87 V2C
30c
pfd.
Y.)
(H.)
&
k
1st pfd.
$5.50
action
no
Speed Queen Corp.,
Ry.
2nd
71
1st pfd.
2-21
Texas Gulf
Carson
2-21
TVi l
4-10
3-29
Timken
2-
2-15
4-
New
4
Treesweet
Special
$1.25
3-
1
3
1
3-
1
2-15
2-
3-
2-17
J12'/zC
pfd.
(quar.i
■
2-17
4
1
will
3-15
3-10
2-20
3-
1
2-10
3-
7
2-21
50c
Co.,
common_.
12'-2C
—
Co.
Steel
2-25
3-10
2-17
3-
1
4-
75c
3-10
2-15
_
3-10
$2
3-10
$2
6-10
3-31
__Z
pfd.
3-
Co.
1
3-
3-15
3-
6
2-20
price
covering
Mrs. Dee
of
between
Parker k Reapath,
1494.
p.
1956
31,400
37,857
34,813
"In
view
9,087
of
decided
-
41
secured
Com.
note
basis
dollar
of
sales,
the
company
(GIVING EFFECT TO PRESENT FINANCING)
Outstanding
$1,250,600
"
SI,250,000
revolving bank
'
payable
2.000,000
802,000
quarterly
50,000
stock (no par value)
nuge.
rntge.
47,500
200,000 shs.
v70,588 shs.
note
of
March
1,
2CG3
April
due
l,
1963
due
note
shares
47,108
held
£210.000
$201,495
120,000
in
the
115,140
the
of
treasury
company.
((Obligation of wholly-owned subsidiary, Gilchrist in Quincy. Inc.,
payable quarterly and secured by mortgage on real estate comprising
Quincy branch store and by a pledge of the lease to Gilchrist Co. of the
(tore.
^Obligation of wholly-ov.med subsidiary, Gilchrist in Brockton,
Inc., payable quarterly and secured by mortgage on real estate com¬
Interest
store.
The
reduced
and
V/nl
to
after April 1.
the
principal amount of the
debentures which, said underwriters respectively have
severally agreed
to purchase from the company and the
company has agreed to sell, are
—
name«
follows-
as
Higginson
Estabrook
&
Corporation
$750,000
Co.
500,000
—V. 171, p. 4G3.
"General
"Retail
6.924
the
59
2,139
275,852
149,027
;
national
has. not
Motors
deliveries
for
records
of
in
emergency
of
in
the
last
days
of
The
same
Its
increased
is
cars
ior
true
cumulative
at
$9
directors
Feb.
on
declared
6
car
and
trucks, broke
Motors
all
high
continuing
a
General
preferred stock ($10. par valuei, which it had purchased
share from Harrisburg National Bank, George R. Bailey and
Eailey (deceased) Trust Estate for resale.—V. 171,
The
company
covering 1,200
to
present
on
Feb.
filed
6
shares of
1950,
Corp.
—
Consolidated
Edison
Co.
New
York,
of
$1.50
sales
and
for
after
loss
the
offered
officers
and
months ended
10
interest
on
Dec.
loans
mortgage
31,
with
the
SEC
$30
at
per-share
employees.
The
and
was
1949,
totaled $1,954,097
$3,918.—V.
168, p. 2542.
share
per
on
$
Sales
171,
1950—48 Wks. 1949
$
10,328,027
$
9,331,054
S
124,137,103 10G,560,584
—V. 171, p. 463.
(W.
T.)
Grant Co.—January Sales Decreased 5.47%—
1950—Month—1949
Accepts Offer for
above.—V.
Up 10.7%—
1950—4 Wks.—1949
to
Inc.,
notification
be
to
proceeds are to be used for working capital.
$
L_.
'Sales
of
stock
Grand Union Co.—Current Sales
Staten Island. Unit Stock—
See
letter
a
common
stockholders,
common
Period End. Jan. 31—
Utilities
Public
General
557.
p.
household
holders of record
Feb. 16,
1950.
This compares with $1.25 per share paid in each of
the first three quarters of 1949.
and a year-end payment of $4.25
paid on Dec. 10, 1949.—V. 171, p. 360.
10,
share.
(L. F.) Grammes & Sons, Inc.'—Files With SEC—
said.
dividend of
a
March
publicly offered 12,900 shares of
represent
Period End. Jan. 28—
payable
stock,
common
per
the Edward
Dividend Increased—
the
shares
securities recently obtained by the under¬
writer through the conversion on a 3-for-l basis of 4,300 shares of 51
Net
and
indicating
January,
Diesel locomotives," Mr. Wilson
and
W. Brooks & Co., Inc., on Jan. 24
stock (par 50c) at. $3.62l,-2 per
common
the
30
-GeneralyMotors
month
the
demand.
appliances
Glen-Gery Shale Brick Corp.—Stock Offered—
to
—V.
171,
1950—12 Mos.—1949
$
11,475,463
$
$
12,139,388 233,167,689 233,904,424
192.
p.
103.
p.
41
Definitive
pfd.
Period End. Doc. 31—
2-10
Net
ry.
2-15
1
3-18
4-
2-15
2-
now
available in
16 Wail
—V.
2-15
3-
$205 604
$250,132
$2,749,982
125C
4-
1
'7.919
*84.255
'361,381
*213,254
>18.052
>81,973
*343.330
*
income—
*
ry.
oper.
Deficit.—V.
«1.12?n
3-
1
2-15
2-15
20c
2-
a
1
3-
1
4-
3-
3-15
$1.25
Green Co., Inc.—January Sales Off 16.1%—
1950—Month—1949
171, p.
1950—12 Mos.—1949
$5,816,164 $98,727,456 $101,592,767
$5,463,101
—V,
145,513
Surplus. appiic. to int.__
192.
Green Mountain Power Corp.—Plans New Plant—
This
289,133
corporation
declaration
171, p. 103.
the
filed
has
intention, to
of
Waterbury
with
Federal
the
construct
Power
hydroelectric
a
Commission
its
plant
on
power
River in Washington County,
Vt.
The company estimates that the plant will generate about 15,000,000
Georgia RR.—Earnings1948
1947
1946
$727,438
$722,981
$518,558
102.342
56,320
89.746
from
ry.
48,938
19,203
8.853,047
1,128,679
1.481,231
1,235,356
7,917.093
1,021,767
620,611
7,605,897
224.837
income—
oper.
From Jan. 1—
from
Gross
Net
ry.
railway
from
Net
railway.—
1
863,994
income—
oper.
>Deficit.—V.
137.838
103.
171, p.
of
the
*178,577
7,962,834
railway
railway..
(or Little)
annually.
The energy would be
transmission
system
for public
energy
company's
distributed
utility
through
purposes.—
*156,047
76,730
from
Net
kwh.
1949
$633,121
December—
Gross
3-10
4
1949
$5,202,360
$2,831,986
*49,356
*
irom
1949—12 Mos.—1948
*19.129
revenue...
5.330
5
2-15
1950
$4,325,274
192.
Period End. Jan. 31—
1949—Month—1948
eper.
2-11
3-20
__
171, p.
Sales
2-14
2-
—
are
€
1
3-
125c
Corp...
1964,
(H. L.)
3-10
3-15
(Increased.)
1,
(Including Statesboro Northern Ry.)
3-15
2-15
Wilsfl, Ltd.
April
Georgia & Florida RR.—Earnings—
rev.
15c
—
due
Month of January—
Sales
St., New. York, N, Y.—V. 171, p. 557.
Net
50c
(quar.)
debentures
exchange ior temporary debentures at the Bankers Trust Co.,
Railway oper.
1S1.75
(s-ai
Corp.—Definitive Debs. Ready-
General Telephone
2-10
17^c
(Torontoi
Co.
the
1950-1*954
These
truck-building schedules ior January through May."
Net
Baumer- Candle
On
sinking fund debenture due 19C5
P.
-
coal situation it has
stop all Saturday work and any scheduled overtime
in
our
assembly plants," C. E, Wilson, President, said on. Feb. 8.
"Overtime
work in all plants, both automotive and non-automotive,
Is to be kept to an absolute minimum.
been
2-17
73c
(quar.i
conv.
Co.
3loan pay'ble under
credit
Coach-
___i
1
37 hiC
__
Ltd., common (quar.)
redeemable preferred (quar.i
Aeronautical
CAPITALIZATION
UNDERWRITERS
1949
2,824
3-15
2c
pfd.
Gilchrist
1953,
Corp.—Output by Divisions—
_
125c
(quar.i
(George),
Wright
2
sold by
market
the
at
share through Auchincloss,
per
v
$1.50
;
pfd,
Westinghouse Air Brake Co. (quar.)__
&
and
1
3-
(quar.)
G'b
2-20
131UC
Corp
$3
(Northant),
Wellington Fire Ins. Co.
Will
C.t
be
to
___
$1
Ltd
Terminal
2-20
30c
iquan—
6't
of
name
Lee
2-15
(s-a)—
Disney Productions,
Weston
D.
centsi
Total
3-17
120c
Ltd._
—.
Mines,
the
5-15
115c
Ltd
iquar.)
was incorporated in
1901 In Massachusetts.
The enter¬
including Its predecessor funis and coiporations, has been in
continuously for more than 100 years, and since 1876 under
400
5
75c
50o
Utilities,
50
Feb.
on
59
2-15
4-15
com.
(Increased)
1st preferred
<quar.)__
1st'pld. (quar.) ___________
Gas
(par
the SEC
8,716
2-23*
1
the
owned
is believed to be the fourth
largest department store in Boston and the
largest which is independently owned.
6,826
2-15
3-
with
are
Grayson-Robinson Stores, Inc.—Jan. Sales Off 16.8%
Extra
Warehouse &
with
8,603
8-10
11-10
$1.12*2
<quar.i
Building
Amulet
8-15
11-15
(August, 1943). It leases a warehouse in
receiving and distributing most of its mer¬
for
company's
Company
prise,
5-10
65c
r___
(quar.i
Chemical Co,
Western
2-10
5-15
the
business
America—
Virginia Dare, Ltd. 51
Ohio
2-15
5
40c
iquar.)
of
Co.
"Wacker-Weils
West
4-
75c
Co.
Viceroy Manufacturing Co.,
Warren
2-17
4-15
35c
Corp.,
Raalte
"Walt
2-28
25c
_;
States Rubber Co.
r.on-cum.
non-cum.
Waite
2-17
25c
Corp.
8'o
Vick
2-28
25c
(quar.)
!
( increased)
81-
Van
2-24
31UC
;
Co.
filed
stock
common
Trucks
2-20
3-10
Medford
used
32,366
The
Corp.
Elastic
United
2-20
1
$3
(quar.)
Common
United
6
3-
'
quar.i
Insurance
Car
was
3,719
Co.—
(quar.i
$4.50 preferred
United
3-
15c
and
is
store
premises
are
leased,
exception of the Brockton and Quincy branch stores, which
by wholly-owned subsidiaries and leased by Gilchrist Co.
''Exclusive
36,250
Truck
level
+
Washington and Winter Streets,
stores in Wultham,
Framirgham
operates
a
department
store
business.
Its
in Boston, Mass. It has operated branch
stores,
indicated, in the following communities, namely —
Wultham (1940), Brockton (1944), Framinghaiu (No¬
of
All
§3'ja'"'i
38,184
2-15
quarterly
be
at
Funded Debt—Subsidiaries
Passenger
25c
Tank
Inc., New York, is the underwriter.
Trucks
12'-2C
United Biscuit
Long & Co.,
113,601
2-16
$1
$1.75
iquar.)
___
Underwood
W.
Washington,
1
Ltd.—1
Quarterly
Union
Inc.—Registers With SEC—
Buiek
3-20
25c
71
chandise.
41
2-20
4-
1948)
which
Boston
personnel,
YoTH
2-16
3-
10c
_
Quarterly
Uarco, Inc.
French
detailed
30,534
2-17
25c
(initial
Trinity Universe!
Quarterly
with
the
oiusmobne"::::::::::::::::H:::::::::::::::
3-
3-
store
Quincy and Erockton.
If c
GMC
25c
(quar.)_
Ltd.
preferred
plants
Cadillac
$1
Bearing
Products
r»
3-20
1
in
as
located
(1939),
vember,
2642.
p.
Trucks
4-12
40c
'
Works
Insurance
common
the
of
1G9,
handle
to
Coaches
Co
payments
Roller
organized
Passenger
1
20c
latcum.i
Water
Toronto Elevators,
the
from
Pontiac—
4-14
hereafter.
Travelers
engineering
Chevrolet—
pre¬
(quar.)_
(Canada),
Producing Co.
Dividend
basic
Passenger
3-14
30c
Co.
Mfg. Co.
tirreg._)
Works
Brewing
Haute
the
January—
2-23
50c
Boston
prising Erockton branch
Month of
3-15
$1.37.1/2
59- convertible preferred (quar.j__Telephone Bond & Share Co.—
Terre
be
said.—V.
and $16.75
3-10
(irreg.)
Equipment
Pearson k
will
Washington, D. C.—V. 170,
2-13
,
(quar.)
a
but
notification
of
Schmid,
$19.62*2
2-13
(quar.)
Insurance
Varnish
Tennessee
shares
5.000
1
(Increased)!
common
class A
Standard-Coosa-Thatcher
Taylor,
on
plants,
will receive
power
GM of Canada—
Accident
Standard
of
1
payment.
Standard
letter
1
40c
conv.
A
3-
$1.50
Spear & Company,
available
is
dates
73:V7-
12 Vac
(Dallas)
Co.
will
company
make
2436.
p.
4-
(quar.)
—
Ins.
and
developments and refinements in
chemical plants and oil refineries.
construction
Hugh
170,
3-
iquar.)
Standard
—V.
3-14
Bed
French
manufacture
American
The company on Feb. 7 filed a registration statement with the SEC
covering 2,250,000 shares of its capital stock, including 246,746 shares
remaining unsold as of Jan. 23, 1950, under a previous registration
130c
+25c
(quar.)
$1.20
2-15
its
well
Authorized
4-10
Southwest Natural Gas Co., $6 pfd. A
Life
The
.
with
latest
Fundamental Investors,
$1.50
Inc.
"know-how,"
European
the
personnel
2-15
Southwestern
ferred
and
announcement
!$1.25
;
i
Clothes,
of
2-15
2-15
1
<quar.)_
took
1
5-
50c
Co.
of
General Motors
—
Manufacturing
Spring
1
3-
2-25
2-25
(irreg.)
Directors
2-13
3-
$25C
(quar.)___
Co.
Southern
the
2-14
10c
(quar.)__
common
and
subsidiary
corporation
engineering
Ltd.—
Steel
Society Brand
design
direction
Quincy
6
$1.15
preferred
Ex.tra
experience
French
parent
M.
f 15c
(quar.i
Sons, Ltd.,
the
the
3-10
3-
3-10
50c
_
/.
redeemable
Simonds Saw
1
2-27
25C
(quar,)
preferred
Simon
French
a
store
(Julius) Garfinkel & Co., Inc.—Files With SEC—
(irreg.)
i
Canada,
under
facilities for
European operator
American
—
■
Common
4-
3-10
1
3-15
37l,2C
(quar.)
(N.
< quar.i
(quar.)
of
service
statement.
4-
U5c
Co.
organized
provide
the
11-15
15c
Corp., N. Y.—Forms French Subsidiary
has
8-15
iquar.t
Co.
preferred
Pen
A.)
also
5-15
1
$1,121,2
Ins,
Extra
Singer
2-15
1
9-
(irreg.)
Sherwin-Williams
7to
1
6-
90c
Company
participating
5 to.
3-
i40c
Int'l Investment Co., Ltd.—
Canadian
Common
41
J40C
iquar.>__
.
Roebuck
Sheaffer
2-15
iquar.t
Resumed
Second.
1
(quar.)
partic.
$1.50
$446,385
subsidiary, Societe Foster
Francaise,
lor
handling
European construction
activities,
according to H. S. Brown, Chairman of tire parent corporation, who
pointed out that the new unit will provide the clients with more
engineering
to
as
47
BUSINESS—Company
corporation
The
3-
addition
Mediord,
main
Foster Wheeler
This
3-15
1
Co.—
Marine
k.
$422,662
and
192.
p.
In
the Gilchrist Compay operates branch
1949
Wheeler
3-10
2-22
4-
J25c
..
iquar.t
Myers.
Fire
1
3-15
(quar.)
preferred
Robbins:
Seaboard
4-
15c
$l!25
(quar.)
(Texas)
Co,
2-17
resumed I
i
preferred
Republic Insurance
2-20
1
com.. Iquar.)__
preferred
preferred
preferred
preferred
non-cumulative
Reliance
1
3-
50c
(quar.)
Inc.,
51
prior preferred A (quar.i
Regent Knitting Mills, Ltd., common.
171,
(695)
since
to
preferred
$2
Hosiery Mills,
3-
60c
___
Rayonier,
—V.
efficient
Pittsburgh, Youngstown & Ashtabula Ry. Co.
Real
1950
;
3-20
20c
_
_
_
Chemical Co.
Sales Off 5.3%—
January—
Sales
2-28
53 V'aC
iquar.t-
common
iquar.)
Pittsburgh Coke &
Month of
CHRONICLE
2-lo
__
Pitney-Bowes, Inc.,
FINANCIAL
Co.—
Quarterly
4\\1
2-24
3-10
&
(M. H.) Fishman Co., Inc.—January
Payable of Rec.
$1
_
Roldere
COMMERCIAL
V.
170,
1914.
p.
Greyhound Corp.—Exchange Offer Abandoned—
A plan was recently announced by O. S. Caesar, President of this
corporation, and Guy A. Huguelet, President of Southeastern Grey¬
hound
Lines, pursuant to which the Greyhound Corp. expected to
offer to the stockholders of Southeastern an opportunity to exchange
their stock lor one share
of the common stock of the Greyhound
Corp. and $3.20 in cash for each share of Southeastern stock.
•Transfer books
not
closed
for
tPayablp In U. S. Funds, less
fPayable
resident
a
tax
Less
xLess
Canadian
in
resident
151;
income
British
Jamaica
30(e
funds,
tax
this dividend.
151
tax
11,
Canadian non-residents' tax.
deductible at the source. Non¬
tax.
income
Mich.—Notes Placed
Privately—The corporation has placed privately $1,000.000 promissory notes due Jan. 1, 1953, and Jan. 1, 1960,
through Eastman, Dillon & Co., it was announced on
Corp.» "Adrian,
Gerity-Michigan
tax.
The
is engaged in
electro-plating for the automobile busi¬
557.
p.
Gilchrist Co.—Debentures Offered—Public offering of
a new
Investmenl News
issue of $1,250,000 15-year
The debentures are dated
1, 1950 and will mature Feb, 1, 1965.
Feb.
Lines, Inc.—Pier Lease Terminated
has terminated its lease of Pier 25 on the Hudson
River, New York, which will be taken over by the Argentine State
Line.
The
latter
company
has agreed io pay Eastern Steamship
Lines $648,705, representing unamortized balance of its $740,000 In¬
vestment in pier super-structure.—V. 171, p. 103.
company
indenture
The
tures
tion
of
on
of
up
net
the
Feb.
a
1
fixed
provides for
of
each
sinking
to $25,000 per
earnings
for
the
Howard
Stock
Fund,
Boston,
Mass.—Files
With SEC—
Edison Bros. Stores, Inc.—January Sales Off 10.7%—
Month of January—
Sales
Stores
—V.
1950
—
in
Ill,
operation
p.
359.
'
The
1949
$3,987,925
213
$4,465,201
202
!•
fund.
the
to
repay
part
of
the
company's
sales
of
the
company
for
the
12
months
$4,351,253. Current liabilities,
including $1,138,566 of bank loans of the type lniended to be replaced
through this financing then outstanding, were $2,472,815.
on
July
31,
ruling, that plan has
however, i'or an
Feb.
vote
28
of
the
continuity
on
establishment
management
and managers of
be K. S. Gaston,
Group
H. R.
of
a voting
Distributors
of
Securities,
Anderson
Inc.
and
The
W. B.
will
the
take
of a vote on a new advisory re¬
which, however, Is precisely similar to
form
contract
contract.
new
the
contract
not- approved,
is
control.—V.
170,
identical
officers, who
continuing to
the existing contract,
one, will remain in effect
associated
with
Distributors
new
been
Hancock Oil Co. of
with
since
the
two
1933,
1914.
p.
California—Earnings—
19-t9
—3 Mos. End.—
6 Mos. End.
Dec.
Gross
income—
operating
Costs,
were
and
operating
penses, Federal
Intangible
—
Wear
and
general
income
development
provision
ETC.—Net
tax
progress,
31, '49 Dec. 31, '49 Sept. 30/49
$21,894,866 $10,899,183 $10,995,682
Operating charges, etc.:
intended
increased in each year since 1940, reaching $17,111,004
for the fiscal year ended July 31, 1949. Net income after all charges,
including Federal taxes on income, was $2o5-,302 for the fiscal year
ended
July 31,
1949. For the prec-ecing fiscal year, such income
amounted to $125,143. Initial annual interest requirements on the new
issue of debentures will be $50,000.
as.ets
would
statistical
exercise joint
for
taxes,
costs
exhaustion
depletion of oil
Net
of
per
NOTE—The
19,210,559
136,984
129,586
$1,573,182
$908,932
$3.43
$664,259
$2.51
share
S.
481,793
362,761
266,570
reserves
—
U.
9,720,953
.9,490,506
844,554
properties
income
Earnings
ex¬
etc.
and
abandonments
and
July 31
Current
and
the
with
inventories.
EARNINGS,
trustees
to
are
for
sponsors
existing
nave
1951 through 1964, through the opera¬
In addition, a contingent sinking fund
is provided for any year, except 1951, when
preceding fiscal year exceed $100,000. For 1951,
are
in
are
192.
p.
the retirement of $25,000 of the deben¬
present bank borrowings which have resulted chiefly irom an increased
ratio of credit sales to cash sales in recent years, and in part, irom
ended
provide
Inc.,
request
search
figure is not to exceed $12,500.
increased
The company on Feb. 6 filed a letter of notification with the SEC
covering 500,000 trust shares.
The underwriter will be Eaton &
Howard, Inc., Boston.
The Fund is a diversified open-end trust.—
V. 171, p. 359.
year,
171,
year
PURPOSE—Proceeds
&
& Co.
Corp. and Estabrook
favorable
to obtain a
Negotiations
Putney, 3d.
If
banking group headed by Lee Higginson
investment
an
Eaton
4% sinking fund deben¬
Feb. 9 at 100 and accrued interest by
tures was made on
(Continued from page 12)
stockholders
to
voting
General Corporation and
The
trust
Group,
*
inability
Group Securities, Inc.—Voting Trust Proposed—
The
company
171,
to
abandoned.
alternative plan.—V.
February 7.
ness.—V.
Eastern Steamship
Due
been
$5.94
Supreme
Court
ruled
on
June
23,
1947, that the
Federal Government possesses paramount rights in the California tidelands.
Pending clarification of the matter the company has continued
to
exclude from
since
that
its income all
date.—V,
170.
p.
revenue
2129.
arising from offshore operations
'
•'
48
The
has concluded arrangements for long-term financing,
Jr.,
President and Chairman, announced on
He said the RFC had approved the extension of a five-year
company
Feb.
Sipprell,
A.
6.
to
$250,000 5-year convertible note and
dominant interest in the company's stock.
purchase
ing a
Mr.
the
a
further
Sipprell
H &
B
company,
is further acquir¬
Net
Net
in January
company
limit
it could
because
p.
2314.
not
171,
300,000
covering
the SEC
par ($1
proceeds to buy the business and assets of
Inc., Houston, Tex., and for working capital.
on
share >, the
net
Creameries,
per
Camellin
involved,
in
underwriting
No
Illinois Zinc Co.
of
a
to
addition
newest
fund to
7.
The
fund field will be
of New York while distribution of its
the
by Fiduciary Trust Co.
managed
Chicago.
The directors
of
the Fund
are: James W.
Maitland (President),
who is a
director of Maine Central RR.
and Central & Southwest
Corp., and formerly a partner of Bonbright & Co.; Chester D. Tripp,
President of Television Fund,
Inc., Consolidated Copper Mines and
Grip-Nut Co., Chairman of the board of Titan Metal Manufacturing
Co., and a director of Victor Chemical Works and several other com¬
panies; Richard K. Kane, a member of the law firm of Cadwalader,
Wicker&am & Tait; Franz Schneider,
Executive Vice-President of
Newmont
Mining Corp., a director of Continental Oil Co., Lehigh
Valley Coal Co.,
Gas Industries, Inc.,
Chemical Fund, Inc., and
others; and Stuart N. Scott, a
member of the law firm of Root,
be
will
shares
Hudson Distributors, Inc.,
by
Palmer.
Bushby &
Harlan
Baliantine,
Dec. 31, 1949, prior
to
any public offering of its shares, including $761,438 in common
stocks at market value.
Shares will be sold to the public nationally
through security dealers, with Hudson Distributors, Inc., as the prin¬
corporation had net assets of $1,016,847 at
The
underwriter.
cipal
Custodian
the
of
York.—V.
New
Fund
National Bank of
First
The
is
the City of
2331.
170, p.
Admin.
& ge. exps.
Income
charges
Provision
stockholders
The
for
each
two
each
shares,
400,000
shares,
$10
increasing the authorized
(of which 137,292 shares
share to be exchanged
on
$5
par
one
new
held.
'
it is proposed to declare
Subsequently,
for
will vote
9
139,861
to
share
old
March
on
from
stock
outstanding)
are
dividend of one new share
a
171,
shares held.—V.
par
557.
p.
Div. Suit—
Illinois Central RR.—Developments in
1947.—V.
171,
and
plaintiff,
M.
A.
558.
p.
International Shoe Co.
CONSOLIDATED
INCOME
(& Subs.)—Annual Report—
ACCOUNT
FOR
YEARS
NOV.
ENDED
♦Net
sales
shoes
of
merchandise
and
other
manufactured
$
Is
ment
feasible
was shut down during the entire three
entailing shut-down expenses, whereas
that division was in steady operation during the corresponding quarter
of 1948 and made a substantial contribution to net earnings.—V. 170,
(mines and concentrating mill)
ended
months
Dec,
sales
to
customers
Reduction
190,003,486
in
provided
reserve
for
(replacing inventories maintained
"last-in, first-out" basis
income
tCost of shoes
Depreciation
121,918
65,00.0
excess
of
Total
219,804,880
89,816
___
85,000
.
of
Other
cost
the
190,158,302 220,011,798
___
_
and
on
merchandise
physical
sold
196,109,824
175,592,821
properties
254,117
charges
^Provision for Federal taxes
1,716,982
86,391
4,667,950
8,188,404
1,961,055
_____
income,
on
Net
profit
Earnings
stock
common
share,
per
10,200,000
supply plants
own
plants,
etc.)
shoe
to
maintenance
of
house
$4.06
02.26
;
"Including inter-plant transfers
pany's
13,820.197
10,200,000
7,682,359
:_____
______
on
(at approximate market)
from
com¬
(tanneries, cotton mill, rubber plant, cut sole
tAfter charging operating expenses,
factories.
physical
properties, selling, administrative, and
credit losses, less discount on purchase.
and
expenses,
estimated
refunds
replacing
during
of
$413,506
in
1949
inventories
year
resulting
maintained
from
ware¬
tLess
cost of
first-out"
excess
"last-in,
on
Stores, Inc.—January Sales Off
Interstate Department
BALANCE
SHEET, NOV.
'
30
1948
$
banks and on hand.
U. 3. Govt, securities at cost (plus accrued int.)
tAccounts
receivable
NOTE—Last
closed
in
33,763,344
674,825
replacement provisions relating
Johns-Manville Corp.—Notice of Redemption—
of
All
have
called
been
shares
outstaanding
the
of
redemption on
for
Investment
Each
perferred
cumulative
3J/z%
of
share
P.
J.
convertible
be
stock
to
funds
States
accompanied
Incorporated,
Co.
&
Morgan
order
the
to
so
redeemed
be
corporation
the
of
in
by
an
in
check
amount
United
equal to
preferred stock presented for conversion.
dividend on the common stock in the
amount of 50 cents a share payable March 10, 1950 to common stock¬
holders of record Feb. 27,
1950,
Preferred stockholders who become
common stockholders through conversion of their preferred stock on or
before Feb. 27, 1950 will be entitled to such dividend.
share
each
for
$15
directors
The
of
declared
have
a
its cash resources, has made
arrangements with an underwriting group headed by Morgan Stanley
& Co., whereby such underwriters stand ready to purchase all preferred
stock tendered to them prior to the close of business on the redemption
date at the price of $102.50 a share plus accrued dividends to the re¬
demption date (a total of $102.84 a share) and to convert the stock
so
purchased into common stock.
This price, after deducting stamp
taxes to be
paid by the seller, is slightly better than the price the
holder would receive on redemption of such stock.
The corporation
corporation,
Co.
for
shares
to
sold
be
to
in order to
the underwriters
paying
commission
a
which
conserve
have
underwriters
the
Incorporated.
—V.
171,
be
Cer¬
which
and
converted
been
not
should
undertaking.-
such
for
are
Morgan <fc
persentcd to J. P.
558.
p.
in
Twelftb-Delmar
(wholly-owned
subsidiary
Realty
will
Co.'s
and
dating
of
operations.
work
Manufacturing
Joy
rearranging, consoli¬
Lewis Welding
of
program
manufacturing
its
handle
to
equipment
and
announced
recently
improving
continue
such
plant
other
in
its six
of
Breckenridge
the
at
machinery,
360.
p.
Electric Co.—New Preferred Stock Un¬
&
underwriting group headed by Kidder,
Peabody & Co. and including 31 investment firms will
purchase from the company and sell publicly the balance
of the new 4
% preferred shares not taken under an
exchange offer plus 5,650 shares of new preferred ex¬
changed by the utility for shares of old preferred stock
held in its treasury, it was announced on Feb. 7.
Pro¬
ceeds will be used towards the redemption of the 7%
derwritten—An
EXCHANGE
OFFER—The
is offering to holders of its two
before
shares
respectively,
shares,
redeemed
will
be
the
7%
•
old preferred stock
1950, at $115 per share in the case of
share for the $6 preferred stock.
unexchanged
April
at
1,
$110 per
shares
of
small
a
payable—banks
Accounts payable
to
Due
3,000,000
and accrued
subsidiary
33%
Employees income tax withheld
8,739,106
-
from
10,427,607
90,047
payroH___
361,963
406,377
and employees balances, including
partial payments for government bonds
412,362
4,700,000
8,850,000
for
excess
Reserves
for
Common
stock
of
on
income
replacing
inventories.
65,000
;
608,669
insurance
of
no
3,400,000 shares)
Capital surplus
Earned
taxes
cost
par
value
51,000,000
51,000,000
1,354.289
1,354,289
37,442,932
39,478,642
,
surplus
CAPITALIZATION
Total
107,090,004
'-Maintained
117,824,251
the
"last-in, first-out" basis (less income taxes ap¬
tlncluding sundry of $109,717 in 1949 and $155,593
in 1948 (less reserve for cash discounts and doubtful accounts). tSecured
on
by
64,800 In
stock.
SAfter
255,702 in
1949
and
reserve
1948.—V.
65.200- shares
in
1948
of
company's
for deprer ation of $31,663,979 in- 1949
170,
p.
1803.
to industrial
of $13,182,920,
revenues
(GIVING
EFFECT
customers
OFFER)
EXCHANGE
TO
common
and $30.-
—V.
of stores
number
Average
171,
2,343
2,183
operation
in
361.
p.
LaCrosse Telephone Corp.,
Chicago—Files With SEC—
letter of notification with the SEC
common stock to be sold at $10.25 per share
through Bell & Farrell, Inc., Madison, Wis.
The proceeds are to be
used to pay advances made by Central Telephone Co., the parent.—
The
Feb.
covering 9,100 shares of
V.
company
2258 .and V.
167, p.
Lane Bryant,
filed
i
on
166,
Inc.—January Sales Off 12.9%—
sales—
—V.
171,
568.
p.
Month of January—
Net
a
1950
1949
$3,234,674
—
1948
1947
$3,859,235 ' $3,958,352
$3,715,754
i
193.
p.
County Gas Co. of New Mexico—Loan Arranged
Lea
Privately—The company has arranged with the Mutual
Life Insurance Co. of New York for a $500,000 loan on
first
mortgage 3%% bonds due in 1969. The transaction
arranged through Underwood, Neuhaus & Co. of
was
Houston, Tex., and Kidder, Peabody & Co.
The
will
proceeds
add
to
to
be
used
retire
to
previous
mortgage
notes
Corp.—January Sales Off 13%—
1950—12 Mos.—1949
1950—Month—1949
Sales
—
$7,183,105 $120,473,408 $126,733,921
$6,252,678
—V.
the
working capital.
171, P. 193.
Long Island RR.—Earnings—
December—
from
Gross
Net
from
ry.
1949
1948
1947
1946
$3,802,985
$3,964,290
481,122
railway
26,684
$3,841,831
152,051
"672,352
$3,580;343
402,552
, "380;052
47,783,140
7,174,308
"2,190,366
46,164,043
9,482,576
633,216
railway
income..—
oper.
from
Gross
"217,758
"785,117
49,996,234
Net
from
Net
ry.
pfd.
stk
"Issued
stk.
(no
of
1,
respective
total
percentages
number
of
A.
52,671,314
stock
of
to
the
be
to
be
so
sold
underwriters
several
sold
underwriter
to
has
are
11.37%
to
set
the
below:
forth
The
Beecroft,
of
and the
purchase of
underwriters
agreed
Milwaukee Co
Scott & Stringfellow—
Cole
&
Co.___
1.70%
1.70
1.25
1.25
Boettcher
Eastman, Dillon & Co.—
C. Langley & Co
Schoellkopf, Hutton &
7.00
7.00
Estes & Co.t Inc
Mackall & Coe;
1.25
1.25
7.00
Peters, Writer &
Christensen, Inc
Prescott, Wright,
1.25
&
Co.
W.
Pomeroy,
Laurence
Inc
Marks
M.
Walker
H.
&
Co..
&
Co——
Securities
First
Co.
4.00
4,00
Inc.
3.50
Alex.
Brown
&
—
&
Co.
Sons—
Inc
George K. Baum
"Deficit.—V.
Co.,
—V.
The
Co._
Cook
p.
464.
1.25
3.00
Rittenoure
Gardner.—
& Co
193.
December—
Net
Net
ry.
387,370
263,063
railway
18,757,010
railway—
7,202,663
20,542,283
8,510,990
3,555,607
13,455,624
4,639,346
2,202,145
16,286,949
6,406,305
3,447,430
$1,177,604
446,584
236,822
$1,561,106
669,598
277,006
2,485,500
railway
railway
from
1946
1947
1948
1949
from
Gross
income
oper.
$1,773,914
$1,756,610
798,444
618,686
From Jan. 1—
from
Net
from
Net
ry.
—V.
income
oper,
171,
104.
p.
Louisiana Power & Light Co.—Earnings—
Period
" 1949—Month—1948
End. Dec. 31—
1949—12 Mos.—1948
$18,986,770 $18,673,021
$1,601,960
$1,702,692
taxes
1,336,848
1,505,867
15,979,418
15,838,381
Net operating revenues
$265,112
$196,825
$3,007,352
$2,834,640
revenues
&
expenses
Other
income
_
6,145
42,840
58,959
69,200
$271,257
$239,665
$3,066,311
$2,903,840
223,449
173,449
2,284,416
356,532
2,143,888
356,532
$1,927,884
(net)_
$1,787,356
-
income
Gross
inc.
Net
and
after
interest,
charges
Dividends
Dunne
Co.,
Inc.—
Co.
1.25
1.25
1.25
*
:__
applic.
stock for the period—
to pfd.
-
.80
171,
193.
p.
•
(Ky.)
Electric Co.—Registers With
Gas &
The
on Feb. 8 filed a registration statement with the SEC
shares of no par common stock.
Lehman Brothers,
Inc., J. J. B. Hilliard & Son, Stein Bros. & Boyce and
Almstedt Brothers are named as principal underwriters.
The public
offering price of the stock and underwriting terms are to be supplied
by amendment.
Proceeds of the stock sale are to be used to pay part
of the expenditures of' the'company incurred and
to be incurred for
additions and betterments to physical properties.—V. 170, p. 2585.
company
covering
Blyth &
101,297
Co.,
Maine Central
RR.—Earnings—
Period End. Dec. 31—
Operating
Operating
1949—12 Mos.—1948
1949—Month—1948
facil.
Net ry.
Other
rents
rents
18,938,166
2,572,624
1,571,940
1,732,391
193,374
284,710
20.394
47,822
196,374
22,055
28,788
oper.
income
$225,123
Gross
—
22,941
20,952
$2,174,642
148,043
$211,301
income."
$246,075
$2,322,685
$188,360 '
——
income
int.,
21,060.574'
' 2,669,954
275,933
(Or)
(Dr)_
.
107,167
1,285,446
$138;908
105,972
etc
.
$2,318,834 $24,157,739 $26,761,589
$1,996,123
___
;
expenses
Taxes
Jt.
.
revenues—
$1,037,239
*
-
196,$61
348.599
$2,485,610
145,695
„
$2,631,305
Net
—V.
income
171,
p.
$105,329
1,253,105-
105.
,
•
•
.
'
••
:
$1,378,200
™
.80
Invest-
Tom
The Lathrop-HawkKeirick Investment Co.
W.
Myers
ment Co
2.00
_
1.00
Investment
Co.
2.25
2.25
&
—V.
Rentals,
Breckenridge & Co
3,00
&
Inc.—
171,
173, p.
Louisiana & Arkansas Ry.—Earnings—
Equipment
McCourtney-
The Ranson-Davidson
Newhard,
&
Moore
stix & Co
3.50
In-
Co
Co
Co
Smith,
3.50
—
Small-Milburn
Stroud
Snider
and
Reinholdt
of
Inc
McKinney-Ohmart Co.,
The
5,142,759
"4,233,148
SEC—
82,011 shs.
700,000 shs.
7.00
G.
5.591,491
"3,025,911
Louisville
Inc.
G.
—
income—_
railway..
oper.
"3,000,000
200,000 shs.
1,000,000 shs.
11.37
Beane
Becker
Unlimited
1979
value)
names
shares
Peabody & Co.—
Merrill Lynch, Pierce,
&
due
par
each
Kidder,
Fenner
$16,000,000
5,000,000
1949, and sold on Dec. 7, 1949.
preferred
new
Unlimited
Unlimited
value)
par
of Dec.
as
series
($100
UNDERWRITERS—Theshares
railway
Outstanding
series due 1970
series due 1978
2%%
bds.,
vestment
plicable thereto).
1949
1950
$59,355,074 $62,528,880
commercial customers about 25%.
and to
34%
Kansas
(outstanding,
Kroger Co.—January Sales Off .5.1%—
Four Weeks End. Jan. 28—
Sales
Balance
543,620
Stockholders
"Res.
to
total operating
of
about
5,000,000
•>
79,352
expenses-
companies
Reserve for Federal
area
sales
1949,
operating public utility engaged in the generation,
distribution
and
sale
of electricity
in the
of Kansas, including the city of Wichita, and in
of
Missouri.
During the 12 months ended Nov. 30,
residential and rural customers produced approximately
an
portion
315,405
LIABILITIES—
Notes
'
•
<
transmission;
203,905
117,824,251
.
Oper.
on
stock and
southeastern
the
Total
252
256
.
193.
p.
Operating
surrendered.
stock
Common
661,590
operation
171,
1949
1950
$10,066,181 $10,800,401
—
in the hands of the public, for the new stock on
plus cash adjustments for each share of 7%
basis
250,000
20,395,909
Off 6.8%—
(S. H.) Kress & Co.—January Sales
The
share-for-share
cum.
850,877
696
697
„
,
193.
p.
Month of January—
stock.
Holders of the 7% preferred and $6 preferred may
their shares, of which there are 62,618 shares and 13,743
preferred
exchange
a
company
issues of preferred stock the privilege of exchanging such
3
p.m.
(CST)
on
Feb. 28 for new 4(6%
cumulative
outstanding
mtge.
20,509,900
171,
Gross
$6 preferred shares.
First
equipment,. etc.—
1950
1949
$16,130,131 $16,724,278
From January 1—
4(4%
107,090,004
§Land, buildings,
—V,
Net
is prepared to absorb
the Joy concern
factories.—V. 171,
contract basis until
work
2,400,501
Advances to and investment in other subsidiary
and associated companies (less reserve)
Invest, in stocks of other cos., etc. (less reserve)
Off 3.5%—
operation
Lerner Stores
Ohio,
3,088,123
Co.
in
Period End. Jan. 31—
this company has been
purchased by the Lewis Welding & Engineering Corp. of Bedford,
Ohio, according to J. T. Lewis, Jr., President of the latter concern,
who
stated
that
purchase of the
plant resulted
from Joy Manu¬
Euclid,
676,077
installment
t
193.
p.
(S. S.) Kresge Co.—January Sales
and
Joy Manufacturing; <Go.—Sells Ohio Plant—
The
305
c,
to,
up
bds., 33/a%
First mtge. bds., 3(4%
method
under
171,
—V.
cumulative preferred stock
March 6, 1950, at $102 per share,
but not after, the close of business on
March 6, 1950, into three shares of common stock, upon surrender of
the certificate for such shave of 3J/2% preferred stock at the office of
will
250,000
first-out"
receivable
—V.
1949'
$1,696,000
302
-
operation..
3Vz%
cents per share. Payment will be made
at
the office of J.
P. Morgan & Co., Incorporated, 23 Wall Street,
New York, N. Y., the paying agent.
First mtge.
plan
in
1950
$1,518,000
—
Stores
accrued dividends of 34
plus
2,295,450
"last-in,
on
stock purchase
Inc.—January Sales Off 10.5%—
(G. R.) Kinney Co.,
Month of January—
Stores in
Authorized
inventories
to
issue."
Sales
695,759
.
a
LaBuy
the
Sales
year's
January,
51,596,178
Ins.. premiums, taxes and sundry, prepaid exps.
Amts. of Fed. inc. taxes recoverable under the
maintained
1^1,666
28,854,146
46,950,875
______
JEmployees- notes
4,505,776
151,666
customers
Inventories
$
5,672,283
__
$200,000 certified check ready to seal the deal.
held that any further bidding merely would "con¬
The Pacific Intermountain company extended the
limit of its offer to Nov.
l because the sale is being examined by
the Interstate Commerce Commission.—V. 171, p. 558.
had
Judge
fuse
$3,235,847
$3,631,196 $61,723,194 $65,416,834
figures adjusted to eliminate sales of stores
1949.—V. 171, p. 193.
Sales
purchase,
1949
Cash in
Pacific
1950—12 Mos.—1949
1950—Month—1949
Period End. Jan. 31—
COMPANY—Is
CONSOLIDATED
sale, Judge Walter J. LaEuy overruled a lastbehalf of John F. Kroase of New York.
He
in comparison
with $1,940,000 offered by
Intermountain
Express.
Mr.
Kroese's
lawyer,
William R.
on
Month of January—
basis.
ASSETS—
6 confirmed the plan
Francisco to buy the
cash
$2,040,000
Rawick,
Stores
and
Dividends
of
Co.
1949,
89,869,570
73,023,835
transfers
income
31,
Express
Confirmed—
Feb.
San
on
(he
bid
higher
offered
1295.
Kansas Gas
Net
Other
the
to
due
III.,
Chicago,
Keeshin corporation.
approving
minute
$0.54
of the above profit and loss state¬
fact (hat the New Mexico Division
comparison
at
Court
Inter mountain
Pacific
201,880
$0.23
3!—
share
accurate
not
plant on a
$
263,027,321 309,674,450
___
inter-plant
None
income
on
Kearney
$110,014
201,880
taxes
None
$46,776
per
facturing
30
1948
1949
Less:
38,998 :
Crl,051
outstanding
tificates
Shapiro, counsel, for a
preferred stockholders' group, on Jan. 26 announced that the recent
action of the company
in declaring a $1.50 per share dividend on
the common stock, payable July 1, would in no wise be permtited to
affect the course of the trial, set for April on pending legal action of
a
preferred stockholder claiming dividends for years 1937 through
Guttman,
(incl. coming, compcn. res.)
credits)
(or
Federal
for
NOTE—An
is
Alexander
1,509,782
33,005
48,766
5,287
income
Net
The
Huttig Sash & Door Co.—Stock Jncrease, etc.—
common
1,026,554
29,618
expenses
the
of
notes
Sales
company, was announced
rapidly developing mutual
trust
by
managed
1948
$1,706,854
of
Federal
In
1949
$1,140,895
sold.
goods
Selling
the first mutual investment
on Feb.
this corporation,
of
Formation
Subs.)—Earnings—
(&
III.—Organized-
Hudson Fund, Inc., Chicago,
issue
an
Appointed—
Y., has been appointed trustee
firm.
See V. 171, p. 464.
York, N.
New
Keeshin Freight Lines, Inc.—Sale
of
Three Months Ended Dec. 31—
p.
be
360.
p.
Earnings
1 filed a letter of notification with
of common stock to be offered at
Feb,
shares
company
707,242
37,412
7,306
for
1,952,435
1,39J,680
1,262,526
The
—V.
Shares
Co.—Files With SEC—
Houston Diced Cream
The
85,759-
54,064-
is
It
interest.
8%
of
128,873
Sales
operate under the State's constitutional
reported that the company has taken a
$300,000 loss in Missouri in the past three years.—V. 170, p. 2436.
Missouri
$1,039,173 $11,699,694 $13,374,066
226,951
2,649,269
4.150,496
$880,897
oper.
ry.
income—
inc. after fxd. digs.
Cost
The
from
oper.
ry.
Empire Trust Co.,
bankrupt
Corp.—Missoiiri Opers. Dropped—
announced it is giving up its business in
Finance
Household
revenues
oper.
rev.
Net
stated that the above transactions would give
which inanu.actures textile preparatory machin¬
for future operations,—V. 169,
adequate funds
ery,
had agreed
and that E. W. Bliss Co.
to the comnany
SI,000,000 credit
Railway
The
1949—12 Mos.—1948
1949—Month—1948
End. Dec. 31—
Period
Loan Extended—
WHliam
Kearney Gas Production Co.—Trustee
Illinois Terminal RR.—Earnings—
L—RFC
Machine Co., Providence, R.
H & B American
Monday, February 13, 1950
CHRONICLE
FINANCIAL
&
COMMERCIAL
THE
(696)
.60
Massachusetts Bonding & Insurance Co.—New Dir.—.
Cdrl S.
.41
been
Ell, President of Northeastern*University, Boston, Mass, has.
elected
Mutual
Fire
a
director.
Insurance
Dr.
Ell
Co„—Y.
is
also
a
169, p.* 2421.
director-of*'the
Arkwxight
Volume 171
Number 4881
THE
COMMERCIAL
McCrory Stores Corp.—January Sales Decreased 2.59%
Month of
January—
1950
SalesNo.
—V.
1949
stores
171,
Period End. Dec. 31—
$5,789,302
$5,518,922
202
198
199
Operating
McLellan Stores
1950—Month—1949
$3,079,345
$3,204,810 $54,486,174 $55,526,787
v
Net
Melville Shoe
1950
$3,509,511
Period End. Jan. 31—
1950—Month—1949
$7,010,500
Month
$3,858,625
January
of
2,000 shares
of
stock
common
$1)
(par
offered
were
at $11 per share through Cruttenden & Co., Chicago.
to Harry M. Messenger, President.—V.
171, p. 361.
corporation's
plan
and the liquidation
and
for
of
Minneapolis St. Paul
its
of
securities
from
Net
ry.
171,
1949
railway__.
of
from
Net
from
Net
and
assets
ry.
1948
Ry.—Earnings
1947
■
Van
1950
$2,864,039
$2,834,735
266,905
396,863
1950,
1948
3,928
dividend
March
"by the
to
10
of
to
Feb.
on
60
2
announced
cents per
stockholders
dividend
"110,813
has
of
to
37,010,433
32,888,486
5,999,899
28,266,905
of
6,541,378
3,380,893
to
been
whenever
sound
a
1,931,476
2,510,339
2,033,179
1,018,0G3
200,000
dividend
reach
two
of
to
The
Net
from
Net ry.
Gross
Net
from
ry.
—V.
1946
action
authorized
no
53,564
76,116
be
19,242
20,084
52,429
for
"
-railway
2,260.858
2,361.438
533,107
_
817,926
income
oper.
171,
156,142
1,781,131
480,838
315,232
1,465.215
165.429
109,322
covering
$3,000,000
offered
be
Feb. 3
for
of
sale
filed
registration
a
the
the
first
mortgage bonds, due March 1,
competitive bidding.
Proceeds will be
at
to
to
date
stock.
To
to
is
St.
Louis
2,
Where
tional
of
the
newly
the
payment
share,
SEC
1980,
used
to
for
of
sgainst
as
50,000
effectuate
of
of
such
19*8)
1949
increased
stock
shares
this
with
sale
vill
then
of
this
of
stock,
it
stock
be
will
be
issued,
but
in
for
of
class
14,482,000
11,911,000
$1.94
stock
__
stock
common
2,876,000
14,225,000
2,314,000
$1.39
stock
A
adjustments of net
,
income
resulting from the change in
Power
Corp.,
applied retroactively
with
Power
Corp.).
tIncrease in Federal income taxes resulting
affiliations, less reduction resulting from inclusion of
SThe
expenses.
the
on
dividend
requirements on the class A stock
shares of such stock on Jan. 5, 1950.—
outstanding
362.
p.
Northern
of
per
payable
Vz
a
lieu
Berkshire
and
Gas
Co.—Seeks
to
Issue
Addi¬
Stock—
The company
sell
Part
has made application to
additional
an
parent;
New
the
of
$175,000
6,400
proceeds
notes.
stock sale,
shares
England Electric
the
of
indebtedness
promissory
to
stock
the
After
the SEC for authority to issue*
$100 par common stock to
of
its
System,
payment
for
$800,000
will
sale
parent
be
and
of
cash.
used
to
$620,000
the
the balance of the proceeds would be used
a
short-terca
incident
expenses
off
pay
of
for
to
the
constiuction
purposes.
frac¬
The
thereof
has
SEC
hearing
given
until
persons
application.—V.
the
upon
interested
145,
Feb.
15
to
request
a
3505.
p.
Northern Indiana Public Service Co.—Plans
be
Financing
The
company has
plans for raising approximately $12,000,000 ia
money" through sale of an issue of new first mortgage bonds.
is expected that this issue will be
ready for bidding by late Marcft
early April.—V. 171, p. 465.
such
then
2,314,000
stocks
common
common
share
changed
171,
its
involves
on
17,101,000
2,876,000
16,796,000
preferred stocks..
on
class A and
525,000
19,672,000
adjusted
as
available
based
are
V.
stock certificates must
dividend
650,000
estimated
from
was
cents
to
375,000
taxes...
requirements
per
above
17.
dividend,
income
if
as
and
surplus
25
375,000
4,978,000
increase
payment,
dividend
18,001,000
adjustments of net income;
Federal
requirements
Mohawk
1950,
22,979,000
Niagara Hudson
change had been in effect since Jan. 1, 1948:
tCertain expenses
by management) borne by Niagara Hudson Power Corp.
(parent company]
which will be
borne
in
the
future by
Niagara
the
pay a
share
one
31,
in
affiliation
100,000
to
9,000
26,571,000
5,874,000
20,697,000
♦Estimated
distributable pro-rata, during 1951,
scrip certificates. At the end of 1951
certificates shall become void and of no
of
22,988,000
56,000
expenses
Balance
Earned
(as
from
present
capital
Feb.
stock
of
surrender
$
26,627,000
estimated
JjDividend
362.
p.
Jan.
from
cash
a
record
50%
the 59%
fractional shares
no
such
the
1,
139,284,000 138,169,000
112,657,000 115,181,000
expenses..
Balance available for
new stock certificates, at which time the
certificates
repiesenting the dividend stock will also be issued.
agent is The Boatmen's National Bank of St.
Louis,
Mo.
the
Jan.
on
1949
deductions
Dividend
directors
consistent
171,
common
capital
declared
stockholders
shares
formed
was
,
income
tional
have
receive
company's
ceeds
statement with
the company's construction program.
The SEC on Feb. 6 issued an order
giving
Feb.
17 to request a hearing
upon
the
1
order
31—
(Z>r)
Net income
scrip certificate exchangeable for stock, during 1950, will be issued.
Following tne close of business Dec. 29, 1950, the stock represented
by
the then unexchanged scrip certificates will
be sold and the net pro¬
Mississippi Power Co.—Registers With SEC—
The1 company on
the
value, it was decided
payable at the rate of
exchanged ior
338,064
105.
p.
In
$141,079
The
railway—
that
par
$375,000
also
holders
to
March
on
56,400
"•29,439
__
1947
$170,861
76,042
income.
share
1948
$213,415
Jan. 1—
from
Net
1949
$214,673
railway
oper.
"-.From
•
•
•
income
tCertain
share for the first quarter of
record Feb.
17.
position."—V.
future
some
capital
transfer
directors
Dec.
revenue
tIncrease
of
shares,
by stockholders
held
at
the
of
50,000
use
authorized
Ended
revenues
"Deduct:
made
such
financial
shares
shares
for
reserve
in
decided
Corp",
EARNINGS
Net income
National Oats Co.—Pays 50% Stock Dividend-
5,782,096
railway-'-
An
—
possible," Mr. Van Bomel
improved earnings and its present satisfac¬
It is in line with the
policy of the board to increase
Following the increase in
shares
35.430,968
Mississippi Central RR.—Earnings—
from
Other
company's
stockholders
maintenance
Power
209
Corp.—Debentures Placed Privately
a
Subs.)—Earnings—
CONSOLIDATED
Operating income
$7,001,090
209
Gross
increased
returns
$2,253,568
171, p. 105.
December—
1947
$7,993,684
210
Dairy Products Corp.—Increases Dividend—
payable
"The
154,066
"28,361
income..
1949
$8,490,803
218
Bomel, President,
declared
stock
railway
Months
Operating
Operating
Co.—January Sales Decreased 3.40%—
approximately $950,000,
Gross
12
debentures due to June 30, 1961
privately with an institutional investor
through Bacon, Whipple & Co., it was announced on
Feb. 7.—V.171, p. 362.
A.
FORMA
5,698,911
1946
"78,952
railway
oper.
$7,665,890
5,698,071
January—
Nachman
stated,
"143,446
income..
•Deficit.—V.
$7,762,403
506,788
operation
National
362.
p.
In
have
From Jan. 1—
Gross
$676,729
560,076
Pro¬
$2,387,478
_
railway
oper.
$745,990
issue of $600,000 3.25%
have been placed
has been scheduled
company
& Sault Ste. Marie
December—
Net
PRO
$
tory cash position.
from
Niagara Mohawk Power Corp. (&
171, p. 194.
L.
the
1950.—V.
20,
in
Plan Feb. 20—
on
divestment
dissolution
for SEC hearing on Feb.
Gross
8,165,315
Income
1950—12 Mos.—1949
$7,411,700 $112,756,700 $119,091,500
194.
p.
Middle West Corp.—Hearing
The
57,923,967
8,848,495
$8,202,134
—V.
Messenger Corp., Chicago—Stock Offered—
ceeds go
$5,413,753
493,797
(Assuming Niagara Mohawk
Sales
Sales
issue
5,438,512
465.
p.
(G. C.) Murphy
559.
p.
171,
1949
Mercantile Stores Inc.—January Sales Off 5.4%—
An
5,673,625
763,113
Corp.—January Sales Lower—
sales
171,
231,322
$73,755,172
after
Stores
—V.
311,722
$82,024,651
operating income
charges
Net
4 Weeks Ended Jan. 28—
'
20,778
$6,609,038
—
193.
p.
171,
Wm. H. Hickey,
President of United Corp.. and John
J. Burns, »
director, have tendered their resignations as
directors.—V, 171, p. 194.
$82,336,373 $73,986,494
$7,182,728
49
Niagara Hudson Power
Corp.—Resignations—
1949—12 Mos.—1948
$6,629,816
31,450
1950—12 Mos>-1949
—V.
—V.
$7,214,178
rev._
Operating
revenues.,
Operating expenses
Operating taxes
Co.—January Sales Off 5.7%—
Sales
Retail
oper.
(697)
MONTHS
1949—Month—1948
revenues
Uncollectible
CHRONICLE
193.
p.
171,
FINANCIAL
EARNINGS FOR DECEMBER AND 12
1941
$5,94(5.544
201
operated.
Period End. Jan. 31—
—V.
1948
$5,771,101
of
&
"new
outstanding scrip
value whatsoever.—V. 171, p. 362.
It
or
'
interested
National Tea Co., Chicago—Sales 1.86%
Higher—
until
persons
application of
authority to issue and sell, at competitive bidding, its
first mortgage bonds, due 1980.—V.
171, p. 362.
for
company
$3,000,000
of
Four Weeks Ended—
The
number
655 at Jan.
End; Dec. 31—
Operating
Oper.
-1949—Month—1948
$1,741,517
revenues
taxes
&
expenses
Month
Net
of
oper.
$292,926
revenues
income
$143,921
$3,345,858
3,872
46
34,140
$143,967
$3,379,998
$2,885,633
and charges
223,314
108.833
Dividends applic. to pfd. stock lor the period...
2,333,047
2,067,074
266,856
266,856
Net
inc.
after
*
171. p.
$2,0GG,191
$1,800,218
194.
from
from
Net
1948
1947
$3,034,731
$368,223
$290,543
192,241
190,032
159,303
126,510
124,291
97,558
43,756
62,095
from
$2,587,640
Net
from
Net
ry.
—V.
^4,166,784
4,675,538
4,190,524
stock
mon
There
194.
2.045,117
1,760,290
will
1,035,846
774,442
629,478
171,
105.
p.
be
Examiner
the
debenture
received
condition under
the
bonds
and
will
not
be
the offering price
determined
until
the
oublic
the issue is permitted is
$15,000,000 of debenture
bonds
to
L.
J.
Bradford,
Jan.
capital
stock
and
which
and
the
that $30,000,000
be
of
its
company
o'clock
cumulative
Room
at
noon
New York
Gross
vote
27,
for
be
given
the
acceptance of the plan, along with holders of
adjustment bonds. A 75% assent on the part of holders of each securityto
on
affected is required by law, and Mr. Bradford noted that the company's
charter provides
any
dividends
Bent
of
that
or
of
holders
no
mortgage is to be created
(EST)
preferred
2601.
61
Feb.
on
stock.
Bids
will
be
Broadway, New York,
171, p. 362.
received
N,
Y„
shortly
offering
above
the
of Philadelphia is
an issue of 500,000
Co.
fc
of
corporation
constructing
and
which
operating
was
a
expected
make
textile
plant
in
the
State
from
A
from
Net
—V.
New
with
BEC
the
rThis
statement
time
some
corporation,
covering
the
proposed
of
filed
was
ago.
incorporated
in
Delaware
21, 1949. is not
proceeds from the sale
in
Israel's
in¬
textile
new
M.
The
Examiner's
deliver
mated
a
of
cost
14-inch
of
American
in
India.
This
company
new
Is
unit
jointly
lor
the
new
company
include
the
Chemicals
Immediate establishment of
organization in India.
It is expected that
tually the company will manufacture products in India to meet
demands.—V. 170, p. 2131,
r
adequate
Gas
25'477,614
Corp.—FPC
carry
to
authorizes
in
this
authorized
corporation
Onondaga
gas
to
connection
near Syracuse, N. Y.
$892,000.—V. 171, p. 362.
selling
Countv
Mohawk
local
Other
oper.
income
income
distribu¬
for
to
install
and
to
Power
'The
stockholders
authorized
the
It
is
record
about
shares
on
March
capital stock
planned
.
to
March
21
from
offer
183.918
27
the
will
be
used
for
to
on
vote
on
a
proposal
1.000.000 shares
additional
basis
held,
ana
—
and
operate
of
one
shares
new
to
to
increase
to
1,500.000
now
with
share
for
each
of
Balance
five
the rights to expire about April 28.
The proceeds would
repay temporary loans from its parentf( the A. T. & T. Co.,
expansion.-
issue
1949—3 Mos.—1948
will
$
an
annual
effective
March
June
basis
9.
be
sale
used
$102
of
to
bakery
redeem
to
share,
per
inventories
this
the
tfco
and
and
issuance and sale of
stock
for
sale
to
20,
1950, In the
five shares owned.
The
April
be
filed
9,698,454
the
work¬
1,056,156*
1950.
5,
An
shortly with
stock¬
common
proportion
of
on®
subscription period
application for approval of.
the California
the
proceeds
from
betterments
and
in
1949
were
Public
the
Utilities
of
this
its electric
to
ar.fi
sale
$192,000,000.
1950
and
esti¬
is
It
considerably
a
1,383,107
The
11,582,228
9,587,758
28.802.685
30.230.414
8,426,000
37,421,391
33,704,000
112,256
1,613,040
8,618,70G
by
1,005,876
6,812,960
3,473,586
Such
31, 1950—V. 171, p. 194.
by
said distribution of
interim
New
rates
York
have
P.
S.
been
Commission,
txcenued
to
tne
new
offer
rights to stock¬
lor each
three
Interstate
stock
will
chares
Commerce
be made prior
to buy the Kecshln Freight Lines, Inc., 2a
acted up soon by
the ICC.
The company
offered
the
Ilceshin
Lines,
now
in
the
hands of
Federal
169, p.
112.
A.
SEC
York,
C.
Feb.
011
3
Interest
Allyn
&
in
Co.,
approved
offer
an
this company.
Inc.
and
An
Bear,
of $16,125,000 cash for tt®
investment syndicate headed
A; Co., both of New
Stearns
successful bidder for the 500,000 shares of Pacific Power
stock, held by American Power & Light Co., New York holding:
was
company.
The
Commission's
made
York.
The Allen
by
action
thus
ruled
out
a
second
offer
for
tfc®
Alien 6: Co., Inc. and associates, also of New
rejected by the Commission,- was for $15,525,000
cash plus payments from the proposed re.iC.ie of certain Pacific Power
properties.
!
Herbert
bid,
Tne Commission's decision
Increases, estimated at $26,000,000
the
"subject to such
may be necessary."
Pacific Power & Light Co.—Control Awarded—
39,818,172
2,958,031
plans to
of common stock
the company
for
trustees.—-V,
38,812,236
40,384,913
announced
share,
per
approval as
to^be
$1,940,000
controlling
39,001,806
Jan. 23
on
$10
at
$
72,537
authorized
1P49.
of
March
each
expenditures
company
held
expected
9,770,991
"Includes the effect of interim rate
on
will
increased
for
that about $175,000,000 will be spent in
amount in 1951.—V. 171, p. 465.
The company
to March 20.
1949—12 Mos.—1948
$
10,426,000
(deficit).._w_
to offer
about
for
close
to
stock
Dividends
sale
price
used
and
stock.
record
Commission
shares.
stockholders
stock
be
holders to purchase one share
Natural's proposed
10,313,744
income
manufacture
Pacific Intermountain Express—To Offer Stock—
16 "miles
2,778,064
Net
will
Tha
and
Esti¬
816,140
To In¬
Stock—Rights to Be Issued to Stockholders—
the
in
redemption
will
plans
share
Capital
spent.
common
Mountain States Telephone & Telegraph Co.
Nbb.,
public.
commission
and
sell
Corp.
13,091,e08
crease
the
$3
a
facilities used in
mated
Niagara Mohawk's existing
The company estimates cost of this line
12,275,668
'net)
Omaha,
to
serving northern and central California.
Work upon the company's six-year postwar construction
program ia
now
far advanced.
About $500,000,000,
or approximately two-thirds
of the estimated amount required by this program, has
already been
Operating revenue
"116796.885 105,413,132*441,479,740 402,275,819
Operating expenses.....
87,606.609
83.257,578 342,155.151 310,084,709
Operating taxes
16,914,608
12,457,100
60,322,783
53,378,814
Net
Co.,
same
share, with
is
The
construct
$
even¬
rtoffer
per
The company proposes to apply
stock toward the cost of additions
gas
New York Telephone Co.—Income Statement—
Period End. Dec, 31—
the
stock
into whic2»
$10)
smaller
station
a
with
convertible
(par
proposed that t?.e offering be underwritten by a nationwide
group
of underwriters
at a
price
to
be
determined
prior
to
tfcer
effectiveness of the registration statement to be filed with the SEC.
Examiner
gas
of
new
It
Madison, Oneida and Herkimer Counties in
loop line extending from New York State
station
stock
Commission.
a decision,
subject to re¬
the construction and operation of
additional natural
to Niagara
these facilities Is $32,000.
was
and
$103
Feb. 8 authorized
on
common
The offer (d
owned by the
and its British subsidiary, Monsanto
Its headquarters will be in Bombay, India.
Plans
49,627,440
19,163,349
....
of
expected
the
authorizing
natural
Mohawk
measurement
President, on Feb. 7 announced the formation of
Monsanto Chemicals of India Ltd., which will handle
activities
146,581,684
is
Farrington has filed
will
decision
measurement
additional
Niagara
Raud,
company.
Monsanto
an
which
tion In Oswego, Onondaga,
York State.
Monsanto Chemical Co.—New Foreign Unit—
Ltd.
facilities
statement
cumulative
Kirkpatrick-Pettis
by
shares
the
funds
company
additional
New
at
William
1,529,623
37,132.060
Natural
by the Commission,
system
dustry.
&-
State
registration
a
4'/a %
common
,'
at
the
of
holders
$12,050,834
3,630,195
127,305,168
Examiner Marvin
pipeline
Oct.
on
engaged in business, but plans to use the
the^ proposed financing
to establish itself
yet
offering
$175,000.
Pacific Gas & Electric Co.—Stock Authorized—
465.
York
of
is to be
is engaged
Proceeds
of
the
preferred,
The
2,108,984
railway..
171, p.
headed
The directors
1948
3,936,250
railway..
railway operating income
operate
registration
9, 1950r
(oil)"
to
of
proposes to
offer the new preferred init'ally in ex¬
shares of outstanding 6%
preferred stock,
tfco
being on the basis of one share of 6% preferred stock
of $1 in cash for each share of 4'2% preferred.
company
shares
$11,078,907
Net from
of
Israel.
price
ing capital.—V. 170, p. 2335.
to
4
from
view
public
a
Jan.
on
interests
16,933
unexchanged
products*.
old
Chicago & St. Louis RR. Co.—Earnings—
railway
railway
Net railway
operating income.,
From January 1—
Net
filed
6
shares
underwriters.
balance
Approves Pipeline Project—
shares of capital stock of
recently for the purpose of
formed
modern
to
SEC
15.—V.
1949
con-
Moller-Dee Textile Corp.—Stock to Be Offered—
Betz
for
payment
the
by
up
Feb.
on
20,000
publie offering price
which would affect
give preference over preferred stock except with
a majority of this stock.—V. 171, p. 559.
the
aggregate
interests.
an
company
purchase
[Including Wheeling & Lake Erie Ry.]
PTC
Coffin,
corporation
Underwriters
issued
New Jersey Power & Light Co.—Bids for Pfd.
Stock—
company has invited bids for the purchase from it of 20,000
pany to pay interest in multiples of 0.25 % when earned.
He also recommended that holders of preferred
stock
opportunity
with
participating
at
exchange offer
The
Gross
plan
now
covering
change
been
60
shares
urged the Commiss'on to
settling some $4,744,453 of
unpaid interest on $13,555,865 outstanding adjustment mortgages 5s,
due 1967, through issuance of new debentures
Mr. Bradford recommended two major amendments to the plan.
The
first change, urged by investors, would make it necessary for the com¬
on
proposed
public
outstanding 2,650
challenges 19 items of information in the regis¬
statement, exhibits thereto, and the prospectus.—V. 171, p. 363.
The
after
has
days and that the remaining $20,000,000 of capital stock be
issued before Dec.
31, 1950.—V, 170, pp. 2586 and 1805.
the
company's
the
filed
was
fractional
the
to
($100 pari and 120,000 shares of
the preferred Is convertible.
to
used
Missouri-Kansas-Texas RR-—Plan Recommended—
ICC
statement
sale
a
Omar, Inc., Omaha, Neb.—Registers With SEC—
1
within
12
approve
Ore.—Hearing—
that
whether
Commission
The
SEC
discharge notes payable to the American
Telegraph Co. and to finance construction this year.
on
have been
One
of
1,330.898
986,623
income
announced
8
determine
"undivided
for
are
tration
Co.—Financing Plan Ap¬
(par $100).
Telephone &
3,491.050
1,514,886
railway
oper.
to
350
offered
The
railway
1950,
The registration
be
From Jan. 1—
Gross
21,
covering
1947
company on Feb. 3
received authority from the New
Jersey
Board of Public Utilities Commissioners'
to issue $65,000,000 in
securities—15,000,000 in debenture bonds and $50,000,000 in com¬
new
1946
$387,759
income—
$3,139,194 "$3,160,614
New Jersey Bell Telephone
fixed.
1949
oper.
ry.
1948
Feb.
on
it would hold a hearing cm
stop order should issue against
the registration statement filed by Ralph A. Blanchard and
George P.
Simons, doing business as Northwest Petroleum, of Portland. Ore,
Feb.
The
bids
$391,796
railway
171, p.
1949
SEC
The
to
proved—
Interest
railway.—
1949
p. 362.
1950
—
Proceeds
December—
Net
in
659
State
Missouri Illinois RR.—Earnings—
Gross
from
The
5,267
/
interest
Balance L__—
—V.
decreased
$2,880,366
$296,798
income
Gross
operation
January—
sales
"Revised.—V.
Net
Other
in
Neisner Brothers, Inc.—January Bales Off
0.67%—
1 949—12 Mos.—1948
$1,626,663 $18,736,210 $16,578,167
1,482,742
15,390,352
13,697,801
•1,448,591
stores
1950—V. 171,
28,
Mississippi Power & Light Co.—Earnings—
Period
of
Northwest Petroleum of Portland,
Jan. 28, '50 Jan. 29, *49
$21,144,796 $20,754,957
Sales
-
on
the sale of the stock
came
exactly or®
week after the agency had
rejected two previous bids for control ,im
the Portland company. The Commission threw out the earlier offers o3
the grounds that "competitive conditions had not been maintained*"
in
negotiations
for
the
sale
of
the
securities.
The
rejected
bids
were
Allyn^Bear,
The
syndicate is made up virtually of the same
lorinerly headed by Van Ingen, which
remained a member of the syndicate.
„n,Bcont<iUv«
of
A. C. Allyn & Co., Inc. and Bear. Stearns & Co., representatives or
The
Stearns
mittee—
in January offered locally 1,000 shares of
company
stock at par ($100 per share). The proceeds
expansion and to provide additional working
for
are
group oi common
purchased ail common
7,
the
former
of
Inc.—Traffic Increased
American-Grace Airways,
Pan
"last yeIrngthe9U.'
and
States
of cargo
tons
200
and
passengers
This is more than
its 1948 operations. V.
,
Bonds—
Pennsylvania Power Co.—Bids for
(EST)
a.m.
bonds
mortgage
p.
be
In
Pri¬
vately—Drexel & Co. and The First Boston Corp, have
completed negotiations for the private sale of an issue of
$33,500,000 first mortgage bonds, 2%% series due Feb..l,
1980, to a group of institutional investors headed by The
bonds
The
were
of
sum
the
of
work
and
from
Net
ry.
•
from
Net
from
Net
ry.
railway
*4,420,136
income
171,
and
end
the
funds
cash
Tile
firm
such
of
that
the
of
corporate
be
to
company
purposes
SEC
covering
236
There
It
-
______
operation
has available
of
Sales
—
—
advanced
be
19.5%—
income
deficit
to Oct. 31,
1
1949.
$292,363.
was
Total
~
.
income
no
been
holders in
to
Balance
1948
$930,289
65,106
surplus
$65,106
t$8,042
__
1948,
2,
share—$39,649—V. 170, p. 889.
at rate of $3.75 per
The
and
Shamrock
plans
Oil
Searle
the
this
be
to
management
Corp.—V.
Gas
&
3,750
England
sale
has applied
company
additional
would
The
171,
hearing
Other
Electric
for
System,
retire
to
To Issue Addi-
for
par
$300,000
given interested
the application.—V.
of
The
1950
Feb.
outstanding promissory notes.
of
until
499.
persons
162,
p.
Feb.
to
15
has
that
duction
10
Typewriter
engineering
businesses
more
and
achieve
to
usually
request
a
follows
introduced
was
design
the
typing
Typewriter—
nationally
improvements
to
1 o'/o
40%
that
pro¬
171,
Placed
Co.—Loan
Privately—Acquisition
—See Transwestern Oil Co. below.
27,
and
most
in
laboratories,
Parkway, Skokie,
or
1948
$86,851,537
$89,759,887
6,633,240
6,520,247
5,851,703
2,157
sales
2,232
2,382
1950
operation
in
the
_
stockholders).
*The
and
ees
stock
and executive offices are
the northwestern suburban
AS
directors
the
cn
March
on
The
board
income
to
15,
March
record
for
holders
It
was
ment
board
of
June
1949,
to
dividend
scheduled
was
series
15,
the
Sept.
1,
Sept.
April
14,
defer
full
payable
15
and
and
on
the
dividend
$1.25
Dec.
Dec.
May
of
1950,
1950,
1950,
$5
share
per
15,
1,
1,
second
Dir.—
to
share
per
quarterly
shares
but
will
are
under
company
authorized
holders
unissued
increased from
be
subscribed
common
for
May 25.
An
issue on March 1,
of
mortgage
income
net
bonds
the
board
is also
to
a
-•,42,256
___'
$19,714
$15,379
$19,714
$15,379
¥
$747,774
•"
499.861
di¬
a
$682,191
486,335
-
'*
$247,912
$195,856
765
734
$248,673
'195,997
$196,590
16,564
*$1,186
$52,680
$426
_
of
stock
initial
the
declaration
until
the
dividend
and.
meeting
of
$1
pay¬
of
per
succeed
the
late
Frank
C,
Rand
of
voting trustee of the Frisco.—V. 171,
p.
St.
Louis.
594.
•
16,230 "
the
$3,484
171,
196,164
8.
p.
and
FOR
ENDED
Profit
before
Provision
income
located
of
area
Outstanding
*700,700 shs.
to
time
Federal
for
income
of 26,573
Net
of
stock
common
of
1948
1947
$8,887,759
2,202,428
2,714,045
2,074,047
1,100,000
793,000
purchased
holders, and the number of shares
as
$1,614,045
280,280
the
by
underwriters
them
from
of
the
$1,281,047
C.
45,000
and Co., Inc..
Securities
Corp.
Becker & Co., Inc.
A. G.
William Blair &
3,500
3,000
3,500
3,500
selling
5,000
Shares
Simmons
3.000
10,000
Dodge &
oper.
oper.
Net
from
Collins
Julien
Dain
M.
&
Co
Co
&
of
Glors,
Harris,
B.
&
Of
OF
•
SYSTEM
TRANSPORTATION
1949—Month—1948
1949—12 Mos.—1948
$
537,518.705 587,462,034
112,685,574
2.867,766
3,358,737
53,058,644
—V.
171,
457,229,996
130,232,087
1 668,694
inccme
1,322.351
19.116.024
58,805,796 *
21,520,318,
2,089,293
Equip. & jt. fac. rents—
oper.
„
$
$
Railway tax accruals.__
ry.
.
land *
present
6.480,974
1,801,886
40,510,903
49,905,974
594.
p.
Southern Union Gas Co.—Stock
Applications
this
of
to
(El
SEC
January
3,000
3,000
each
Piper, Jaffray & Hopwood
2,500
share.
Raffensperger,'Hughes
1,009
10,000
to
shares
rata
pro
(Dallas),
of
to
7,466
Clint W. Murchison, Jr. (Dallas), 6,422; and t
6,871 shares.
giving interested persons until Feb. 9 to re¬
(Dallas),
orders
the
upon
13
Cain
on
Feb. 6 for
common stock
its stockholders
shares1; Lee Moor
individuals
additional
applications
request
a
the
of
hearing
first
the
upon
three individuals,
application of the
Corp.—
Co
&
Co.
&
record
12
sale
its
1950,
19,
Jan.
1950,
30,
held
then
shares
and
stock
common
Southern's
30,000
the
it
$1)
the
rate
at
and
of
at
the
preferred
171, p.
a
registration
statement
126,720 additional
by stockholders
offer
subscription
for
of one new common share
subscription price of $17.50
program
through underwriters.—V.
to
proposes
(par
financing
shares
filed
company
which
under
SEC
of
also
stock
for
per
,$13,000,000 ;of
offered for pubhc
includes
to
be
364.
Son___
3,500
1,500
2,000
1,500
—
7,500
Dec.
Operating revenues
Uncollectible
oper.
31—
1949—Month—1948
1949—12 Mos.—1948
—
S514,243
$433,889
rev._
3,500
550
$5,485,450
25,000
$4,626.6^1
6,600
$510,743
$483,339
$5,460,450
$4,620,091
383,585
331,142
4,261,721
3,516,769
49,036
63,009
532,719
$78,122
$89,138
$665.(10
55,610
65.115
437,694
Operating revenues
__
Operating expenses
2,500
G. H. Walker & Co
White, Weld & Co
Harold E. Wood & Co
Southwestern Associated Telephone Co.—Earnings—
Period End.
2,000
Corp
3,500
1,000
3,000
&
2,500
Corp.
Co.,
(Inc.)
Illinois Co
Operating taxes
501,788
10,000
J
1,000
Net
Net
171, p. 364.
—V.
operating income-
after
171,
charges
p.
—
$601,534 *
425,175
397.
share
Mr.
Sears, Roebuck & Co.—January Sales Increased 1.4%—
Per. End. Jan. 31—
—V.
1950—Month—1949
1950—12 Mos.—1949
—
.$141,159,595 $139,213,105 $2,276,399,559 $2,400,353,880
Sales
171, p. 196.
.
Stone & Webster Securities
Swiss American
of
the
bonds
&
3,000
Rights Sought—
following
fourth.
Newhard, Cook & Co
Inc.
Wofford
shares;
issued
Feb.
the
by
specified
issued by Southern
be
Murchison
hearing
a
until
3,500
1,000
to
17,658
Dabney
The
and
the
share:
per
Paso),
filed
were
acquire
company
$17.50
at
John
On
10,000
2,500
7,500
Co.
Hilliard
Feb.
40,742,744 424,833,131
Pierce,
Co_
&
Ripley
Hall
SEC
proceeds are to be added
development
for
6,625,753
quest
1,000
1,000
McGlone & Co., Inc._
10,000
Harriman
&
Sachs
The
27.
funds
the
record
share of com¬
share.
Subscription
36,202,319
with
1,000
Forgan
held, at $3.75 per
Feb.
with
of
new
opers.
5,000
Inc.
Corp.___
Boston
Michigan
Goldman,
V.
1,500
Reynolds & Co
Shields & Company
Sills. Fairman & Harris,
Inc.
F. S. Smithers & Co.__
Stern Brothers & Co
Chapman
The First
J.
'
Co.,
one
expenses.
shares
1,500
& Co
Farwell,
J.
Lee Higginson Corp._____
Martin, Burns & Corbett,
Lynch,
-
598.
p.
ry.
7,500
2,000
^
Co
&
until
stockholders
for
revenues-
rev.
Fenner & Beane
The Milwaukee Co.
Mullaney, Wells & Co
Co.,
Co
170,
Railway
2,000
&
shares
provide
to
to
subscribe
47,223,718
5,000
Sullivan
three
received
be
capital
notification
of
letter
a
issued
to
42,828,072
1,500
Clark,
J.
3,000
10,000
Merrill
Ellis
& Co., Inc..—_
&
right
EARNINGS
are
A. M. Kidder & Co
Kidder, Peabody & Co
Carl
-
share¬
Kebbon, McCormick & Co.
3,000
Co.
S0.38"
1808.
p.
196.
Southern Pacific Co.—Earnings—
authority
Allyn
American
will
filed
23
warrants
the
stock for each
holdings.—»V.
220,000
purchased by each underwriter,
Shares
A.
170,
210,210
the
follows:
Smith, Barney & Co
550;319
-.$0.41
.
tax.—V.
p.
$
210,210
names
income
Federal
above.—V. 171,
Jan.
on
subscription
Railway
2,875,205
paid
$210,149
550.319
_______
__
31
$2,328,010
profit
dividends
for
Corp.
evidencing
working
Net
Cash
company
1950
7,
shares of
1,515,000
taxes.
3,453,953
Southern California Petroleum Co.—Files With SEC—
covering
time when
by employ¬
purchased
3,843,010
taxes___
1948
$3,664,102 '
Southeastern Grayhound Lines—Plan Abandoned—
4,052,377
operations
taxes__
share.™:.—_l-»
provision
See Greyhound
to
DEC.
""
'
1949
3,358,606
$226,465
and
shares
common
Period End. Dec. 31—
YEARS
'
J
'*
charges
fixed
per, common
warrants
$11,762,765 $10,033,434
from
Co.—Earnings Statement—
31—
$3,585,071
including
"Includes
stock,
sales
The
paid on this
last year.
-Hugh McKittrick Jones, of St. Louis, a member of the firm of Robert
Jones, cotton goods manufacturers, was named a member
Jones
for
company's offering
the
Inc.
available
McKittrick
of
;
and
1949—12 Mos.-^1948
.$57,635
income
of
Earnings
1949
1949
Net
respectively.
out of
1950.
consideration
the
Deferred—New
A,
l
31,
1,000,000 shs.
outstanding shares
the
First
the
payable
interest
on
Div.
declared
2
declared
record
decided
a
stock,
1, June
also
of
Feb.
on
preferred
Common
on
DEC.
OF
$5>_
(par
additional
as
of
Dixon
St. Louis-San Francisco Ry.—Preferred Dividends De¬
The
under-;
subscription
The
Authorized
Common
Dempsey
clared—-Action
selling
a
and
Inc.—Earnings—
income
Number
company
plant
111., In
Central Republic Co. (Inc. I
196.
171, p.
loans.
control of the
mon
Bosworth,
1949
$78,540,234
sales
Canadian
from
price
President
revenues
The
Inc.
—V.
bank
of
cor¬
the 120,000 shares, thus reducing
25.5% of the outstanding common
39,516
deductions —•
'Expenses
clinically tested under the com¬
cases
marketed under the company's
Blunt
Safeway Stores, Inc.—Domestic Sales Lower—
4 Weeks Ended Jan. 28—
Stores
of
to
$59,230
Months Ended Dec.
Gross
1950.
Blyth
Domestic
no
general
222,080 shares of common stock,
taxes
and
South Jersey Gas
-12
company
laboratories,
Bacon, Whipple & Co
Robert W. Baird & Co., Inc.
Oil
for
em¬
which
to
as
acquired
1949—Month-^-1948
revenues
'Loss.—V.
the manufacture and sale of ethical pharma¬
on
will
in
electrification.—V.
station
increase
p. 466.
Roytex
the
which
to
company
used
Bartush,
J.
owns
sale
55.5%
income
Net
was
UNDERWRITERS—The
Inc.—Announces New
Rand
Electri-conomy
It
1.
allow
alter
from
income
Income
names.
company's
shares
Remington
now
Gross-income
466.
p.
authority to issue and sell
capital stock to its parent,
$300,000.
Proceeds of the stock
$25
its
ot
has
upon
the
repayment
be
to
with
of
part,
and
be
the
are
Stephen
is
He
102,080
interest
Operating
incorporated in Illinois on April 10, 1908.
its current products are original developments, cre¬
direction,
Searle
Feb.
on
company's
registered trade
selling
the
to
company
all
Profit
to the SEC
shares
be used
SEC
would
particularly
shares
stockholder
deducts
Rev.
to its employees 26,573 shares of authorized but
stock at $36.25 per share (a price equal to that paid
construction
early
Quincy Electric Light & Power Co.
an
by
subsidiaries
its
($1
resale to the public. The oflering
to be supplied by amendment.
company.
own
Operating
three gen¬
major stock¬
EMPLOYEES—Simultaneously,
CAPITALIZATION
tional Stock to Parent—
New
SEC—
statement
stock
sale
for
Proceeds
Period End. Nov. 30-
family for
continue
will
No change in
is engaged in
The
the
in
The
of
stockholders
EARNINGS
The
offered
and
including
are
the
will
Net
will c-xpire
Company
pany's
securities of
offering of
control
the
TO
underwriters
privilege
on
of a 155-mhe 6-inch pipe¬
line
extension
to
Denver,
Colo.; of the present :200-mile petroleum
products line now in operation from the refinery of Phillips Oil Co.,
a
subsidiary, at Phillips,
Tex.,
to La Junta, Colo.
The company
plans to complete the line and a terminal at Denver during 1950.
The pipeline extension will be owned 85%
by the company and 15%
by
registration
a
common
South Bay Consolidated Water Co.,
(par $20)
Chicago.
company
of
be
involved.
for
selling
of
stock
his
directly
Phillips Petroleum Co.—Plans Pipeline Extension—
The
Co.,
writing terms
holdings of present stockholders and
the
of
company.
common
the
ated
under
selling
the
offering
by
part
OFFERING
ceuticals.
*
.,31,719
distribution paid Mar. 30, 1948, to stockholders of record
in accordance with Court order dated Dec. 16, 1947,
♦Special
to
are
company
is
filed
6
shares
remaining .120,000
rector
is Involved.
Practically
March
the
purposes,
The
letter of notification with the
of
stock to be offered at $105 per
underwriter.
The proceeds are for working
first public
The
unissued
23,677
taxes
Dividends on common stock
■
large
is scheduled for com¬
that it will require no further
company
stockholder by underwriters headed by Blair, Rollins & Co. and Shaaer->
filed a
preferred
30
shares
of
porate
of Oct. 31 were $192,912.
Jan.
were
/the
has
erations.
84,721
1949
$851,120
31—
__
after
the
of
a
.
Feb.
on
140,000
underwriting
the period May
the company's
20,000
ployees
Searle & Co.—Common Stock Oversubscribed
shares
STOCK
Gross revenue
Net
Public"
will be made in
Securities Corp.
stock
oversubscribed.
which
1949
101,231
Dec.
and
States
1712.
p.
corporation
covering
only
use.
cumulative preferred stock, series A
represented
.Philadelphia & Western RR.—Earnings—
Ended
United
privately in this country.
Canada by
offered
be
Dominion
by
expansion program
SEC
underwriting group headed by Smith, Barney &
Co. on Feb. 8 offered to the public 220,000 shares of com¬
mon stock (par $5) at $38 a share. This issue was heavily
is
Year
series Q,
in
—An
560.
p.
bonds,
payable
Shedd-Bartush Foods, Inc.—Registers With
The
the
Schwitzer, Sr., Chairman, the selling stockholder.
—V. 171, p. 466.
company
171,
preferred
large
3%
of
be
upon
the development of
to
Louis
1949
$3,734,307
140
/ 1950
January—
barrels)
(in
—V.
they will
the
will
bonds
169,
present time
at the
to
$50,000
relative
recently offered through Paul H. Davis & Co., Chicago,
were sold Feb. 1 at $18 per share.
The proceeds went to
11,044,394
763,059
'1,652,196
1950
$3,551,312
141
;Pfeiffer Brewing Co.—January Sales Up
Month
that
of
$15,000,000
the
1951 and it is understood
Schwitzer-Cummins Co.—Stock Sold—The 5,000 shares
These
.
issue
that
financing.—V.
195.
p.
its.
at
stock.
of 5M>%
Sales Off 4.9%—
Month of January—
171,
Seiberling's
of
successor
a
preferred stock.
pletion late in
capital.
(G. D.)
—V.
consider
106.
p.
Peoples Drug Stores, Inc.—January
Stores in
and
The
favorable basis for the purpose
to the indus¬
a
In
$33,667
as
be
4 V2 %
understood
offering
<
Sales
is
dollars
These funds are being provided to support
and marketing the aseptic canning equipment
shares
will
*
announcement
will
board
170, p. 1402.
plans to
company
$5,000,000 of
as
that has been done by the company in
American Can Co. has agreed to loan
additional
rn
period
on
The
Shawinigan Water & Power Co.—Plans Financing—
Schwarz Paper Co., Lincoln, Neb.—Files With SEC—
company
immediate
no
chairman.
as
syndicate headed
conditions
lost
director of the Seiberling firm.
a
made
company
The
the
funds have been and will continue to
for the commercial development and
for
restricted to this
are
the company
of
The
$744,149
'109,100
*279,427
11,432,302
637,856
*2,208,890
11,643,558
"32C.960
*3,243,540
9,245,952
*1,857,G21
railway
oper.
wt'i
fabricating
Feb. 4 stepped down from the position
industry he has held for over half at
011
rubber
U13
in
1946
1947
•
$769,319
**69,095
*306,920
$715,835
'161,049
'446,914
'384,624
income
'Deficit.—V.
of
90,
Seiberling,
Chairman and
as
Winekler
From January 1—
Grass
$10,
face
in
A.
leadership
of the aseptic canning process
certain
of
Schwarz
The
Lines—Earnings—
1948
1949
$617,894
'168,853
railway
railway...
oper.
the
1' eld,
$50,000
process,
assets
December—
from
of
century. Mr. Seiberling, founder and Board Chairman of this company.and earlier the founder of the Goodyear Tire & Rubber Co., resigned
be
Pennsylvania Reading Seashore
Gross
Frank
be valid unless and
result the Schwarz firm
a
share.
Net
work
the
Edward F, Hirsell
of Blair F.
Seiberling Rubber Co.—Chairman Resigns—
to
aseptic canning equipment.
At
will
proceeds
As
the
uesd to retire all of the outstanding shortterm debt in the amount of $15,644,000;
to redeem the outstanding
$10,000,000 of 3'/.%
first mortgage bonds and to provide approxi¬
mately $8,000,000 towards the company's current construction pro¬
gram.—V. 171, p. 466.
The
-
of
to
Cash
things,
aiding the introduction
the fulfillment
accrued interest.
•
their allotments
than
more
the Schwarz company 011
to
try.
Feb.
and
Co., it was announced on
sold at a price of 101.023565%
New York Life Insurance
7.
share¬
entitled
deaeratcrs.
and
canning
aseptic
money
Light Co.—Bonds Placed
fillers
recognition
the
Pennsylvania Power &
.
case
t nn
to
other
among
the
any
added
be
time
determine.
may
spent,
of
will
from
directors
sale
offering may lake place on
public
The
) 80.
560.
due
171,
7.—V.
March
on
be
successor
proceeds
expended
be received by Ihe company at
the sale by it of $3,000,000 first
bids will
March 6 for
that
anticipated
is
It
to
rata
shall
shareholder
each
pro
until received
by the company at its office, 58 Sutter St., San Francisco 4, Calif.,
prior to 5 p.m., Feb. 16, 1950.
A shareholder's right to subscribe is
not assignable except to ..noti.er stockholder.
The
11:30
offered
first
are
subscribe for
may
Subscriptions will net in
195.
p.
that
the notes are
1953,
Charles
are
Philadelphia;
of
Blair F, Claybau.gh
notice.
upon
notes.
of
Co.
next meeting.—V.
1948
1947
$47,983,127 $44,277,876
$48,571,562 $49,125,969
-
-
171,
1949
1950
Month of January
Sa^r
Sales Off 1.13%—
Penney Co.—January
bear
notes
include
or
Stockholders
(J. C.)
stock
time after July 31,
notes
so
of
$94,000
of
These
note shall be issued fcr the principal amount of less than
any fraction of si.
single
170,
value
—V.
subscription
sale
and
1957.
1,
payable only if earned.
They
at par of $1
per
share during
purchase at lace value a convertible income note in principal amount
equal to 12''2'a of the ,0 r " v'ue /«f the tolV shoves held of record at
the
close of business on Jan.
30,
1950, with the provisos that no
110.
p.
for
of
any
income
issuance
Jan.
annum
the company
convertible
holders
At
note.
by
par
per
shares
into
the
of
at
These
f^ght °etween the un t
over
term
callable
passengers
carried 93-^4 .revenues
S. flag air line
tons of revenue express and
and
countries in South
America,
2,510
convertible
the
5%
the
due
no.e
cf
rate
are
2,000,000 revenue passenger miles
and more than 100.000 revenue express and freight-ton ™i,es over■ th
previous year is reported by Panagra in announcing its volume
approximately
of
increase
An
authorized
income
5';
the
at
committee
the
of
&
Philadelphia;
have
directors
The
the
customers,
Sulzberger, of Halloweil,
of Stroud & Co.,:
Claybaugh & Co., Harriaburg, Pa., and Hiram S. Gans, of New York City.
Amen. Gans & But¬
ler, 50 Broadway, New York City, are attorneys for the committee.
The Secretary of the committee is John A. Nigro, Jr., Room 707, West¬
ern
Savings Fund Building, Broad and Chestnut Sts., Philadelphia 7,Pa.—V. 170, p. 112.
1
Offers Notes—
convertible
t
stockholders of this company.
The committee,
representatives of owners and 19 security
who together own more than 100,003
common
and preferred stock of Security Banknote Cp.
members
Sulzberger
no
interest
-
formation of a committee
the
of
7
of
representing
The
Engineering Co., Inc., San Francisco, Calif.—
Schwarz
American
owners,
Feb.
on
stockholders,
houses
shares
stock of Pacific ^°*fr ^ Vwnu r°o'
stock oi Pacidie'Po*er. *
££
Power & Light Co. The Pacmc
Company will continue rnder the present management
The purchasing group stated; "We have at the present moment
plans for the disposition of this stock."—V. 171, p. 5G0.
Feb.
from
of
made
was
protection
consists
capital.
the purchasing
on
the
for
t
'
Announcement
8% preferred
houses in the group
investment
Security Banknote Co.—Stockholders' Protective Com¬
Offered—
Co., Denver, Colo—Stock
Scarry &
(E. J.)
B. J. Van Ingen
and a group headed by
the Allen syndicate
fay
made
&
Monday, February 13, 1950
CHRONICLE
FINANCIAL
&
COMMERCIAL
THE
(693)
50
Spiegel Inc. (& Subs.)—January Sales Deer. 8.52%—
Month of January—
Net
s^les
—V.
171, p.
.
—
196.
1950
$6,027,843
1949
$6,589,178
Volume
171
Number 4881
THE
Spokane International RR.—Earnings—
December—
Gross
from
Net
from
Net
ry.
Texas & New
1949
1948
1947
$132,046
railway
$159,316
$160,595
railway
1946
$152,557
Net
from
from
Net
ry.
44,824
65,019
55,538
Net
from
16,993
35,909
37,754
Net
ry.
2,001,546
2,138,141
1,925,925
1,613,123
255,188
540,167
539,022
405,040
Net
from
220,688
209,548
222,716
214,401
Net
ry.
railway
income
'Deficit,—V.
FINANCIAL
(699)
Orleans—Earnings—
1949
railway
Offering
1948
income.—
1946
1947
$10,287,495 $10,976,275
2,602,561
2,088,570
railway
oper.
CHRONICLE
The
$11,066,185
$7,941,546
3,248,344
1,016,232
697,789
1,418,158
1,100,281
129,380.80-1
114,845,722
31,021,474
34,839,819
35,227,477
income—
12,511,020
'Deficit.—V. 171, p. 140.
14,349,581
14,581,812
101,782,734
18,483,515
14,917,024
171,
139.
p.
from
railway
railway
oper.
Gross
Net
from
from
Net
ry.
1949
railway.,
1947
expenses
and
$2,167,114
$1,549,600
486,802
498,619
394,453
from
4,403
170,023
147,546
810,329
Net
from
Net
ry.
Net
—V.
25,025,256
railway,,
171,
25,870,554
22.828,278
6,350,745
5,996,353
2,189,605
18,940,221
5,325,200
3,036,473
1,832,871
income
3,061,777
2,114,809
income
from
Net
railway operating income..
railway
of
notification
21,500
shares
selling
with
filed
was
the
SEC
Feb.
on
1
covering
stockholders
Reich
&
—V.
Co..
of
be
to
sold
for
the
account
ot
four
through .LeecHigginson Corp'., Carreau & Co. and
York, at the market;price of about $4.50 per shaie.
Operating
Net
1640.
Net
ry.
inc.
—V.
Stanzona Petroleum Corp., Phoenix,
♦After
The
corporation
be
used
to buy
Staten
filed
Feb. ,1
on
letter
a
of
sell oil leases.
ana
Island
Edison
notification
the
$l),<the proceeds to
<par
There will be
with
no
underwriter.
Corp.—Offer for Common
Stock
Accepted by Parent—
Consolidated
See
Edison
Co.
New
of
December—
Gross
from
Net
from
York,
Net
ry.
1
$243,030
oper.
1948
_
.171,
from
1946
$272^061
*22,576
*101,385
*99,297
>43,915
Fields
$305,759
*33,724
*45,795:
*95,893
Net
from
Net
ry.
railway
*14.296
171,
154,198
50,579
*544,393
*671,400
—V.
171.
304;3l9r
'1
Oper.
1950—11 Mos.—rl949
$13,924,703
$636,910 $12,132,513
air
for
of
1949—12 Mos.—1948
,1949—Month—1948
$394,545
$843,751
$9,854,871
740,644
7,707,431
—V.
Utility
$215,818
$103,106
$2,147,441
2,450
12,609
of
income
Gross
$214,918
$105,556
$2,160,050
and
21,450
357,195
,127,527
Earnings
—V.
$183,034
share
common
per
171, p.
$84,106
$1,802,854
Arctic
Feb.
in
the
Oil
171, p. 231.
and
Co.
The
3.
on
$3.01
from
iii
with
air
The
in
for
Life
with
all
in
accordance
January
171,
1949,
Net
Insurance
the
Co.
acquisition.—
and
categories
cargo
for
a
and
1949
Corp.
Year
.
Total
income
$411,623
$399,441
$1,552,477
$1,451,465
312,655
———
309,935
1,243,855
1,124,742
(inc. dcprec. 1.
Expenses
Canadian
Federal and
,
last
for
llVa%
include
year,
road
34,0)3
37,627
profit
117,372
125,597
$61,141
$55,493
$191,250
$201,126
$0.27
$0.24
$0.84
$0.89
Net
—V.
170,
of
Net
made
the
with
dissolution
plans
of
approval
ry.
—V.
1,238
$2,206,556
Television Fund, Inc.—Registers With SEC—
shares
750,000
increased
V.
in
share,
record
passed
stock,
the
with
1
the
after
proceeds
to
be
covering
used
Managament
for
Co.
NOTE—The
account of
totaled
Oct.
$620,000
period
a
for
30,
Jan.
at
from
the
$9.33
first
1949.
31.
per
Jan.
Realized
Net
12-cent dividend to
has
over
3,000
now
time
31,
and
first
share
above
series
statement
$1.52
preferred
preferred
included
so
1948,
in
includes,
dividend
income,
outstanding is equivalent
to $0.15.—V.
171,
p.
A.
shareholders.—
A.
efforts
338.
private
sources.—V.
169,
p.
Gross
Net
Net
from
from
1947
$381,656
$392,296
$439,233
$321,267
113,188
41,204
63,490
62,095
*13,765
*12,758
*73,433
4,321,470
4,253,442
977,683
4,752,217
691,534
409,961
3,639,013
257,796
404,253
29,152
*170,976
*282,497
*16,831
From Jan. 1—
Gross
railway
from
Net
ry.
railway
from
Net
oper.
'Deficit.—V.
income—
171, p. 140.
supplies
vania
the
and
pipe
of
upper
natural gas destined for cities in Ohio, Pennsyl¬
New York State on Feb. 9 began flowing through
two
deliveries
Initial
of
the
country's
made
long-distance
newest
transmis¬
at
Middletown, Ohio, where this cor¬
poration has a contract calling for the delivery—later this year—of
up to 235.000.000 cubic feet of gas a day through its new $73,500,000
were
Texas-to-Ohio
800-mile
scriptions—The
Sought—
pipe
areas
which
Corp.
Ohio
from
to
will
upper
distribute
New
gas
to
utilities
serving
wide
York.
The full capacity of the 800-mile Texas
Gas line is approximately
cubic feet a day.
The pipe line, which went into pre¬
liminary'operation as far as Louisville, Ky., last December, has also
begun supplying additional gas to existing customers along the route.
Full operation. of the 300-mile project will give Texas Gas a daily
delivery capacity of over 600.000,000 cubic feet a day throughout its
entire system of 2.400 miles of pipe line.—V. 171, p. 500.
share.
Gross
Net
Net
from
from
ry.
1949
railway
$247,711
oper.
75,605
income...
31,289
1948
&
—V.
from
Net
from
Net
ry.
railway
$295,799
'
38,383
*22,656
1946
$334,808
$187,835
180,517
23,800
99,843
'Deficit.—V.
171,
underwriting syndicate
Sons;
is headed by Alex.
Co.; John C. Legg & Co. and
Watts &
of Baltimore.—See also V.
3,069,930
p.
__
3,250,554
3,024,971
2,427,515
1,046.722
1,357,784
666,741
473,368
273,248
676,023
289,149
140.
,80,766,674
r0.317,225
25.250.390
15,196,075
7,540,755
13,007,912
10,089,578
6,682,347
I
to
are
vote
Feb.
Machine
agreement
provides
for
latter
20
on
shares
of
sell
to
change
would
issuance
for
two
each
proposal
a
which
Co.,
by
assets of
its
Clinton
name
Machine
Aircraft
Warner
and
company.
1
corporation's
President,
Vice-President
and
of
by
Secretary-
intends to list stock
Warner-Clinton
Detroit Stock Excnanges.—V,
and
tha
on
149.
170, p.
Aircraft
Jet
Corp.
above.
Services,
Inc.
par)
underwritten
Sold—It
Stock
—
21,040 shares of
by
Laird
was
an¬
stock
Co. have all
&
common
been
Co.—January Sales Incr. 8.6%—
1950
1949
$7,728,000
units in
operation
$7,115,000
265
263
2,417
2,125
—-
accounts
171,
231,
p.
stockholders
capital
■
stock
approve
\The
vote
4>will
shares
with
to
increasing
on
450,000
to
respect
the
shares,
issuance
U.
Industrial
management's
to
the
plan
stockholders
will
about
be outlined
in
the
of
middle
Chemicals,
this
by
Inc.
corporation
Jr.,
of
—
Acquires Foreign
important
foreign
by William P.
announced today
applications
including
Sweden,
the
South
chemicals
are
utilized
Pyrethrum,
destined
natural
for
been
filed in
all
major foreign
Kingdom, France, Australia, India,
Africa and many others, Mr. Marsh
use
pyrethrins,
in
insecticides
obtained
which
the
from
long
have
pyrcthrum
recognized as a uniquely valuable insecticide,
in supply and inheiently expensive to raise and
while
Thas always been limited
problem
synthesizing
of
170,
p.
the
material
has
chemists
defied
until
I
2135.
The
company
covering
per
35,000
share
involved.
to
F.
Proceeds to be
Breen,
used
lor
New
York,
N.
Y.
workuig capital.
No
171,
p.
231.
Worthington Pump & Machinery Corp.—New Unit Or¬
Stuart
underwriting
G.
has
Lyon
joined
with
this
ration
enrp
in
organizing
a
company,
Lyon Industries, Inc., to distribute beverage vending
machines.
The latter has acquired the rights,
designs, patents, etc.,
new
held
formerly
Inc.,
the
In
Inc.,
future
and
will
firms
for
formerly
was
this
machine
known
be
have
the
vending
Manufacturing Corp.,
vender
Contracts
beverage
on
and Lion
1400-cup
the
on Jan. .30 filed a letter of notification with the SEC
shares of common stock (par $1), to be sold at $1.50
George
—
1949
$38,568,740 $38,586,173
ganized to Distribute Vending Machines—
■
1949.—V.
1950
Sales
have
United
Pakiston,
said.
the
Privately—
rights
President.
Corresponding
countries,
be
2588.
to
Stores, Inc., have placed
privately $3,800,000 of 3%% joint and several promissory
notes due June 1, 1968, and $1,750,000 5% joint and sev¬
eral subordinated sinking fund notes, due June 1, 1969
through Merrill Lynch, Pierce, Fenner & Beane, it was
announced on Feb, 8.—V. 170, p. 2588.
pending United States patents covering the synthesis and manu¬
facture of pyrcthrin-like chemicals was
Brazil,
and to
additional
a proxy statement
March.—V. 170, p.
Winn & Lovett Grocery Co.—Notes Placed
—V.
acquisition
Marsh,
authorized
$20,
the
(F. W.) Woolworth Co.—January Sales Off 0.7%
S.
Rights—
under
the
par
of
shares.
150,000
sent
April
on
300,000
from
resolution
a
171,
7,266
1,0)8,024
income
647,425
plan is approved,
Warner
The
company on
U. S. Thermo Control Co.—Files With SEC—
railway
oper.
Stock Sub¬
—
398.
p.
flower.
1947
From Jan. 1—
Gross
998,187
94,657,837
1606.
& Guaranty Co.
Stein Bros. & Boyce, all
effectively
Ry.—Earnings—
railway
851,755
107,361,529
This company and Margaret Ann
The
The
Texas Mexican
091,271
93,642,963
agreement has been approved by the executive committee
Aircraft and four of its seven directors, but is opposed
Wholesale
The underwriters are now offering a total of 6,348
shares, including stock purchased in the open market
during the life of the warrants, at a price of $52.75 a
The
400,000,000
December—
1,692:559
Month of January—
the
1946
$7,441,627
2,890,154
Western Auto Supply
line.
supplies were delivered through the recently completed Texas
line into the Big Inch pipe line system of Texas Eastern Trans¬
mission
1947
2,749,251
>20.023,202
the
of
York Curb
Retail
holders of record Jan. 13, a total of 294,364 shares, or
98.1%, had been subscribed to as of Feb. 1. The remain¬
ing 5,636 shares have been purchased by underwriters
from
the company under terms of the underwriting
These
Gas
MONTHS
$8,599,491
.
Feb. 6 announced that of the
300,000 shares of additional capital stock offered stock¬
Brown
of
lines
lines.
sion
12
Month of January—
agreement.
Texas Gas Transmission Corp.—Makes Initial Deliveries
New
United States Fidelity
1946
income—_
oper.
ry.
1948
railway..____
$221
retire¬
(S. S.) White Dental Mfgr. Co.—To Increase Stock—
1949
railway.
AND
1948
Sales
.Tennessee Central Ry.—Earnings—
December—
the
age
sold. :See V. 171, p. 595.
President,
secure
include
employee's old
$3,728,296
income.—
Warner
(no
on
states that the company is continuing
appropriate
financing either through the RFC or
Feinberg,
to
does not
requ.red by Federal law for rail¬
DECEMBER
nounced on Feb. 7 that the
140.
U. S. Air Conditioning Corp.—RFC Loan
figure
average
2,048,353
share.of its stock
Welex
**Ji
share to $11.03
shareholders of
,
as
Warner-Clinton, Inc.—Proposed New Name—
stock and Niagara Hudson Power Corp. 5%
The aggregate amount of such dividend
the related Federal income taxes) for each
value
asset
the
10.
purchase
See
stock.
(less
diesel-
$7.^9.41 ft
income
stockholders
the
New
from investments in The Commonwealth k Southern
arrears,
$6
arrears
through
.
the
1,566,373
share
per
Corp.
mark
$2,781,000
over
Shares
Earnings
modern
for
Treasurer.
$30,682
Shares of capital stock outstanding
SEC
series
$4,000,000
payment of
The
Fund
23.
Television
is
three-month
the
Jan.
171, p.
the
45%
gain
appreciation
a
unrealized
Feb.
Higher—
Fund
marking
capital
common
underwriter
45%
Assets
This
of
filed
was
The
investment.
per
statement
registration
$12,100,000
1949
oper.
Warner
2,349,560
1,566,372
,
which
for
FOR
railway
171, p.
one
$2,380,242
2,036,284
capital stock
capital stock
and
for the company's 11,631 employees reached
$3,761,
company to Clinton
Warner-Clinton, Inc.
to
$2,381,422
1,180
reserve
10,997,654,
Warner Aircraft Corp.—Sale Proposed—
$3,322,072
940,650
;$1.41
for
at
1.949
this
1948
$170,272
available
roadway
railway
railway
oper.
Net
and
1949
Balance
A
ry.
The
$2,207,794
on
for
unemployment insurance
from
Company Only)
fund
13,138,735
new freight ana
passenger cars will enable
to give even better service to the public with greater speed
by :the company
liquidation
889,670
71.76
12,167,813
5,693,237
From January 1—
from railway____
The
31—
77,044,304
income
from
Net
in
Power Corp.
Niagara Hudson
107,361,529
78.62
Niagara
of
SEC
the
of
5.599,687
73,619,761
Gross
Power Corp.
shares
48,529
1948
$94,629,218
93,642,963
—
expenses
high in
Net >from
from December.
Niagara Mohawk
its
1949
$81,645,055
4,972,234
w.:
EARNINGS
common
income
Dividends
late in 1948 :and the adoption 011 Sept. 1, 1949, of
non-operating employees without a corresponding
The results for 1949 as compared with 1948 were as
average annual wage
Gross
exchanged its 1,375,424 shares
stock together with $1,375,-
has
it
other deductions
1844.
p.
operating
improve
operating
due primar.ly to the increase in
and non-operating employees granted
4.44%,
December—
drop of V/2%
a
exchanged
Income appropriated to special
Balance
Earnings per share.
to
expenditures,
for
$3,400,000
air mail
903,000
$3,097,464
and
in
.employees.
Mr. Crary's
air express,
ton-miles,
income
Expenses
economies
safety.
If
income taxes
Net
Total
the
locomotives and for
new
p.-9.
Dec.
and
policy of business in
industries affecting the
key
continuous .efforts
both .operating
operating
of
The
Ended
business
of
caut ous
certain
revenue
ment and
year's
shares
(Parent
1948
the
scale
in,pay.
contributed
United Gas Improvement Co.—Earnings—
Sept. 30. '49
volume
in
the
to
in
income
•tures
of
Dec. 31, '49
for
Sales .of
equipment
trust obligations
furnished $7,322,000 of the
$15,500,000 ?pent during 1949 lor. additions and improvements with the
remaining $8,178,000 eoming-fram accumulated income.
These expendi-
ton-miles.
and
that
Power
-Year Ended Dec. 31-
results
carloads handled
907,672
revenues
The
air
of
freight
last
reports
the
income
.handled decreased 14.07%
w.th
decrease
other
only
revenue
Railway
preferred stock for 189,263.1 shares of Niagara Mohawk
with
effect
week
operating
Operating ratio
(Del.)—Niagara Holdings Exchanged—
were
the
revenues
stoppages
reduced
Total
level, with United having
passenger-miles in the month, a decline
80,743,000
exchanges
business
Calendar Year—
the
Vice-President—traffic
Crary,
air
at
1,072,830.72
It also has
stock.
A
These
TelAutograph Corp.—Earnings—
Period—
for
Freight
stock.
—V.
—3 Months Ended—
rates
398.
cash
releasing
in
of
compared
Despite
-to
be
:Passenger
,Seelii>gson
Oklahoma,
various
Mutual
connection
express
remains
from January,
second
$2.02
398.
and
national
a
in
work
economy.
reduction
Transwestem
Rinconr and
rroyalty .interests ;in
1,637,000
628,000
traffic
Hudson
$1,205,048
shares)..,
(598,442
the
for air mail and 16%
are
estimated
common
$1,332,575
31,884
income
by
corporation
compared
totals
class
Net
warehouse.—V.
and
.011
holdings
as
$3,000,000
this
Niagara Hudson
424
Income deductions
for
volume
attributed
to
the 40-hour
fields.
secured
This-corporation
80,530
<nct)_.
acquired
royalty
United Corp.
$1,252,045
DrOOO
income..
oper.
income
office
announced
well
President,
follows:
branch
a
of
shrinkage
and
could
wage
sinking
,1, 1949 and due Feb. 1, 1964
15-year 4y2%
$98,500
•
,
Other
national
was
as
freight,.8%
171, -p.
remaining for the bene¬
$1.20 per share.—V. 170, p. 2135.
or
freight,
Atkinson
electric
as
of <1%
%
8,209,889
taxes
&
7,021,134
reported :by iHarold
are
an
$9,461,935
678,727
revenues
it
.arc
gains
estimated
flown
Electric Co.—Earnings—
expenses
4,955,971
(United Air Lines, Inc.—Reports Sharp Gains—
ton-miles
Period End. Dec. 31—
Operating
732,445
Mr.
870.
Passenger
Tampa
general
640,595
Louisiana
Increases,
196.
p.
8,507,482
has <been
aggregating
Sharp
stock,
Atkinson,
the company
16.77% Higher—
1950—Month—1949
$743,732
>6,405,794
sales.
Sterchi Bros. Stores, Inc.—Jan. Sales
Period End. Jan. 31—
as
include
p.
January
Sales
use
New^tYork-
164,
80,468
$123,307
the
efficiency
in /Texas,
Loans
-of
*257,156
140.
p.
490,559
3,565,345
3,229,165
*599,947
income
oper.
'Deficit.—V.
3,574,078
2,822,930
510,927
chgs.
Co.,
Kansas ;and
V.
railway
fxd.
company
Oil
80.417
*$169,282
carloads
resulting
and interest.
properties
From Jan. 1—
Gross
12,519,446
Transwestem Royalty Co.—Acquired—Private Loans—
Roytex
1947
-$263,249
?39,666
income...
20,056,451
9,034,931
Total
above.—rV.
Inc.,
Ry.—Earnings—
1949
railway
railway.——
$77,990,776
14,017,177
863,240
9.
intends to
'.This
Staten Island Rapid Transit
$62,440,728
1,230,363
{PURPOSE—Proceeds will be used toward .purchase of a certain, parcel
of land and building situated
thereon, in Toledo, O., which the com¬
594.
p.
20.114
$27,521
in year -1948.
$6,748,157
fund debentures dated Feb.
pany
20,102
$97,362
stated that
—774,532
1949—12 Mos.—1948
1,342,267
January publicly offered
100y2
$203,775
setting aside 20%,of this amount for the preferred stock sink¬
1949
year
costs
at
$249,699
common
Tiffin Art Metal Co.—Bonds Offered—The Ohio Co. in
-288,570 shares of common stock
$47,636
there will be approximately $135,000
$5,415,373
opers.
oper. income
p.
145,000
$117,464
dividends
the
770,342
ry.
alter
180,000
ing fund,
Ariz.—Files With
Securities Exchange Commission—
SEC ■covering
1949—Month—1948
income
171,
432,868
34,000
Wabash RR.—1949 Volume Lower—
revenues
oper.
$781,643
318,596
fit of
9.
from
rev.
Ry.
Net
New
170, p.
stock
common
$748,294
income
-
1949—12 Mos.—1948
100,594
income
493i909
Period End. Dec. 31—
letter
$1)
500.
85,000
Arthur ,K.
A
(par
p.
233,275
Texas and Pacific Ry.—Results from Operations—
Standard-Thomson Corp.—Files With SEC—
171,
$182,229
Net.profit
23,468
914,948
Net
p.
stock
common
86,380
State
Preferred
47,616
railway operating
171,
of
withdrawn.—V,
$73,145
Gross from railway
—V.
139.
p.
railway
railway..
From January 1—
railway
oper.
from
from
Net
shares
been
$288,844
(est.)
Net
1949
Gross
From J.m. 1—
Gross
■
1946
$2,218,865
308,172
income
oper.
1948
$1,988,469
railway
has
1949—3 Mos.—1943
income
Total
Fed.
Texas & Northern Ry.—Earnings—
Spokane Portland & Seattle Ry.—Earnings—
10,000
Virginia Iron, Coal & Coke
Co.—Earnings—
Period End. Dec. 31-
Total
tax
December—
offering of
Numero, President,
*354,034
119,074,144
Gross
51
Withdrawn—
proposed
by J. A.
From Jan. 1—
railway
oper.
from
*10,805
From Jan. 1—
Gross
&
December—
Gross
216,144
income—
cper.
COMMERCIAL
been
latter
to
as
will
the
maciune>
by
Lymo
Industries,
of Chicugo, 111.
The "Lion"
by Lymo Industries, Inc.
distributed
by Lyon Industries,
both
distributed
be
"Lyon"
vender.
concluded :between
manufacture
at
the
Lyon
their
and
ITolyoke,
Worthingtori
Mass.,
plant
Industries, Inc.
The "Lion"
machine,
a
large quantity are
being
1400-cup vending
successfully .operated by many important customers such as Automatic
Canteen
Co., Coco-Cola Eottlers, Pepsi-Cola Bottlers, and others, is
products
available
■It
is
Stewart
for
to
be-
distributed
by Lyon
of
which
immediate
understood
500-eup
shipment.
will
Worthington
continue
the manufacture
of -tha
capacity beverage venders.—V. 170, p. 2069.
%
52
COMMERCIAL
THE
( 700)
STATE AND
FINANCIAL
&
CITY
CHRONICLE
Monday, February 13, 1950
DEPARTMENT
BOND PROPOSALS AND NEGOTIATIONS
ALABAMA
Additional
ARIZONA
Sale —The
fered Feb. 6 were awarded to the
$185,000
Lawndale Sch. Dist. bonds offered
Montgomery, Ala.
Bond Offering—oilas D, Cater,
Bond
Secretary of the Water Works
Board, will receive sealed bids
fered
until 11
were
the
(CST) on Feb. 23 for
of $2,200,000 water
revenue
bonds.
Dated
purchase
system
1,
000.
Due
Denomination
1950.
Jan.
on
19/4 inclusive.
from
1
Principal and
follows:
as
bonds,
improvement
as
2%s.
to
CALIFORNIA
in¬
syndicate composed
of
sealed
Feb. 20
for the purchase of $150,000 sewer
1950 bonds.
Dated Feb. 1, 1950.
Denomination $1,000. Due on Feb.
City of Montgomery, Ala., which
purchasing the Water System
from the City, has announced that
Is
it
will
water
sell
Feb.
on
system
1
$2,200,000
bonds.
Statement, signed
III, Chairman of
the Water Works Board, is being
mailed to all municipal bond deal¬
ers
States and to
Lincoln
and
14
ties.
The statement,
into
two
under
vright,
Ramsey
New York
&
of
Lancaster
City, who
of
first
contains matter
descriptive of the new revenue
fconds, the water system and the
improvements to be made to it
with the bond proceeds, the sched¬
part
services,
well
as
as
derating record of the water
tem for recent years
jected
earnings
ment
second
of
sys¬
the
contains
000
building
bonds.
1952
re¬
by
prepared
impirovements
|
new
revenue
issue
bonds, which
enue
Eeed,
Hoyt
&
counsel of New
drawn by
was
Washburn,
York City.
1,
bond
The
—
bonds
offered
•
171,
596—were
p.
syndicate
7—v.
Feb.
awarded
composed
of
Trust
&
Co.
Barcus,
Kindred
to
the
a
Na¬
of Michi¬
of
Cincinnati,
Co., of Chi¬
&
Alabama
sad
Weil,'Roth & Irving Co., Seasongood & Mayer, both of Cincinnati,
Boettcher
&
Co., of Denver,
valleys in the previously ex¬
isting general debt structure have
eliminated.
been
enues
five
General
rev¬
available
years
during the past
service the City's
to
general debt have been substan¬
tially in excess of the new re¬
quirements and give assurance
that they will continue to be ade¬
quate
to support the plan.
retirement
debt
new
The
years.
outstanding
bonds
and
warrants of the City secured by a
pledge of all or a part of the rev¬
enues of the
Water System ($5,316 000) have been assumed by the
Water Works Board as part of the
purchase
covenants
terms,
to
the
and
maintain
Board
rates
and
charges sufficient to meet the
principal and interest on such
fconds, as well as the principal
and
interest
revenue
Lyons & Shafto, of Boston, Pasa¬
dena
Corp., of Pasadena, Walter,
Woody & Heimerdinger, of Cin¬
cinnati, and Robert Hawkins &
Co., of Boston, at a price of 100.01,
basis of about 2.39%
the
on
new
bonds.
water
as
follows:
$1,500,000 Montebello Elementary
Sch. Dist. bonds, as 2V2S.
1,000,000
Montebello
Dist., bonds,
Additional
school
date
The
bonds
bonds
were
fornia
as
Sale
High
21As.
—
The
offered
offered
awarded
Bank,
of
to
the
Nuveen
Chicago,
and
Pasadena,
bonds
Bank
of
above
Cali¬
&
Co.,
both of
Redfield & Co., of
as
2V2s,
as
follows:
$310,000
on
interest
a
bid
cost
were sold at a
follows:
as
Feb.
by
sive; $75,000
from
1955
$65,000
1951
as
to
to
1S/4S due
as
City
Clerk,
bids
until
000
water
A
1:30
and
electric
1951
to
and
First
Angles,
Bond
sealed
on
bonds, at
a
Sch.
Dist.
price of 100.81,
a
(PST)
system,
basis of about 2.41%.
bonds, at
price of 101.29,
basis of about 2.35%.
a
a
2 Vis,
000.
"j
**> 1'
TI
*'
-flr
,
*
subject to
respec¬
moneys which may be
for that purpose, or in
part, in the inverse order of their
any
provided
maturities,
on
interest
any
pay¬
ment date not earlier than
1954,
from
May 1,
the Audi¬
in
moneys
torium and
be
Dinner Key Facilities
together
redeemed,
with
thereon
accrued
the
the
to
fixed
1970 in¬
for redemption, plus a
premium equal to V\ of 1% of the
be
redeemed for
each
12
months'
fraction thereof between
or
the date fixed for redemption and
stated
maturity date of such
bond.
The bonds will be issued under
the
provisions of
Trust Agree¬
May 1, 1949,
and will be payable as to both
principal and interest solely from
dated
ment
Facilities
a
of
as
Auditorium
the
Dinner
and
Interest
and
Key
Sinking
which Fund the City
to
deposit cer¬
Fund, into
has
covenanted
tain
rents
be paid
to
annually for the
the
use
by the City
of a portion
Dinner Key, in
on
City of Miami, referred to in
the Trust Agreement as
the "Din¬
Facilities," and to de¬
other revenues of the
Key
ner
County Sanitation
No.
4
(P.
The
Jose), Calif.
bids
until
11
for such purposes.
bonds
a.m.
Feb. 21 for the purchase
Due
1980
on
April 1 from 1951 to
inclusive.
Principal and in¬
(A-O)
payable
at
the
County Treasurer's office. Legal¬
ity approved by Orrick, Dahl¬
quist, Neff & Herrington, of San
,
validated
were
by
Court
of
Dade
County, Florida, entered
on
Aug.
18,
decree
Olson,
and
Auditorium
the
and
reserves
O.
of
affirmed
Circuit
the
1949, which decree was
appeal by the Florida
on
Supreme Court
on
Dec. 23, 1949.
K
Sebring, Fla.
Bond
Offering
—
D, K. Steven
City Clerk, will receive sealed
son,
bids until 7:30 p.m. (EST) on Feb
21 for the
purchase of: $489,000
refunding
tered
1949
bonds.
coupon
Dated
regis
1,-1949.
or
Sept.
Denomination $1,000. Due On Sept.
1
from
1952
to
1980
inclusive.
Tulare
Principal and interest payable at
Dist.,
7—v.
to the
Bank,
at
art,
Secur¬
14
Los
Diego County Sch. Dists.
(P. O. San Diego), Calif.
Bond Sale—The $53,000 Lemon
bonds
of¬
Offering—Gladys. Stew¬
County Clerk, will receive
sealed bids 10
p.
for
school
a
District
the
Bond
171,
of
County School Districts
(P. O. Visalia), Calif.
the
a.m.
(PST)
purchase
bonds, divided
of
as
$39,000 Earlimart
bonds.
1951
to
Due
on
1965
on
Feb.
bonds.
Sch.
Dated
I
terest
March
$1,000.
(M-S)
1,
1950.
Co.,
GEORGIA
March
1
Denomi¬
Principal and in-
payable
County Treasurer's office.
at
Atlanta, Ga.
Certificate Sale—The $1,250,000
sanitary
from 1951 to 1971 inclusive.
nation
Trust
by Wood, King & Dawson, of New
City.
Dist.
inclusive.
on
&
York
$189,000
March 1 from
Due
Bank
City. Legality approved
follows:
150,000 Lindsay Unified Sch.
Dist.
Chemical
New York
the
offered
revenue
Feb.
1949 certificates
6—av.
171, p.
501—
awarded to
Kidder, Peabody
& Co., of New York, Equitable
Securities
Corp.,
Clement
A.
Evans & Co., and Courts & Co.,
all of Atlanta, jointly, at a price of
106.64,' a basis of about 1.85%.
were
.
be
maturities, at the option of
the City, either in whole 011 any
date not earlier than May 1, 1954,
of the facilities
sealed
on
terest
Association, San Francisco,
214s, at a price of 101.33.
School
1968 to
$400,000 construction, Series A
registered bonds. Dated
April 1, 1950.
Denomination $1,-
ings
Grove
will
tive
coupon or
San
102.000 Paramount Sch. Dist.
15
inclusive,
l%s, due on
as
15 from
Dec.
on
1967
of
price of
101.38, a basis of about 2.11%. The
second highest bidder was Bank
for
due
to
Offering—Richard
receive
of America National Trust & Sav¬
Hawthorne
from
15
Secretary Board of Directors, will
inclusive.
Sch.
Feb.
National
as
to
as
inclusive; $375,-
$225,000
San
Kidd,
Sale—The $180,000 school
501—were awarded
ity
1954
Francisco.
Unified
offered
after
redemption prior to their
cilities
Orange County (P. O.
Santa Ana), Calif.
Bond
Dec.
on
iy2s,
Santa Clara
Francisco.
bonds
City. Legality approved
by Mitchell & Pershing, of New
York City.
The bonds whit# ma¬
American Trust Co., San Fran¬ posit all
Dinner Key Facilities and the City
cisco, and Weeden & Co., jointly,
Auditorium over and above the
for 4s, iy4s, iy2, l3/4s and
Is, on a
bid reflecting a net interest cost cost of maintenance, repair and
operations of the Dinner Key Fa¬
of about 1.52%.
Principal and interest (A-O) pay¬
able at the City Treasurer's of¬
fice. Legality approved by Orrick,
Dahlquist, Neff & Herrington, of
San
1954
$225,000
hospital
bonds, as Is.
The second highest bidder was
or
1975
from
Is,
as
1947
registered
Dated April 1, 1950.
De¬
nomination $1,000. Due on April
from
to
clusive.
purchase of $300,-
coupon
4s,
125,000 tuberculosis
on
(PST)
p.m.
as
1951
from
15
1962
1963
Dec.
bonds.
1
Dec.
due
to
and
Feb. 1 from
receive
15
inclusive;
as
Alto, Calif.
will
hospital
$225,000
Dec.
District
Feb. 24 for the
Series
on
000
approved
by O'Mel¬
& Myers, of Los Angeles.
Palo
follows:
as
inclusive; $450,000
from
Feb. 1
Offering—Winifred
1.50%,
bonds:
114s,
Legality
Bond
&
tuberculosis
on
1960
1960 to 1964 inclusive.
veny
Sav¬
&
about
1959
San
inclusive,
on
&
Co.,
New York
the
of
1949
inclu¬
on
cipal and interest (M-N) payable
period
Trust
of
1954
IV2S, due
1959
of
De¬
principal amount of each bond to
the
3s, due
as
p.
syndi¬
Bank
Trust
Barth
Levy
$1,500,000
p.
v.
171, p.
price of 100.08,
$60,000
from
1
171,
a
coupon
at the Chemical Bank & Trust
basis
previously noted in
501,
to
the
revenue
May 1, 1949.
$1,000. Due on May 1
1952 to 1974 inclusive. Prin¬
Williams, and
Stone & Youngberg, all of San
Francisco, at a price of 100.02, a
reflecting a
about 1.77%,
of
of
Dated
nomination
Kaiser & Co., Schwabacher & Co.,
Bank
National
Facilities
Key
date
$200,000
Association,
7—v.
a.m.
(EST)
purchase of
$2,200,000 Auditorium and Dinner
from
O.
11
the
for
interest
Lawson,
171,
purchased
America
Savings
as
until
23
Co., Dean
Witter & Co., both of San Fran¬
cisco, Blair, Rollins & Co.,
Inc.,
Dist., Ventura
Bond Sale Details—The
Feb.
awarded
J.
due
school
(P.
bids
Feb.
on
principal amount of the bonds to
1953
View Sch.
sealed
e r i n g—G. N.
Shaw,
Finance, will receive
of
Interest and Sinking Fund, at the
ings Association, of San Francisco.
Ocean
bonds,
City), Calif.
The
$1,625,000
National
school
the
to
Director
Angeles,
District
6—v.
awarded
Placentia
Los
jointly,
Feb.
Miami, Fla.
ris
Trust
&
Savings Bank; of
Chicago, California Bank, of Los
was
Trust
$49,000
to
Bank, of Bos¬
interest.
ings Bank, of San Francisco, Har¬
Sch.
Angeles,
Paine, Webber, Jackson & Curtis,
John
School
Na¬
price of 100.09.
composed
due
$412,000
on
National
Sale—The
501—were
St.
schedule
calls for reduction of the general
debt by 68% in the next eight
Grove
America
—
offered
America
inclu¬
highest bidder
America
cago,
a
1967
Sonoma County (P. O.
Santa Rosa), Calif.
as
Dempsey-Tegeler & Co., of
Louis, Dempsey & Co., R. S.
Dickson & Co., both of Chicago,
Legislature,
approved
Aug. 23, 1949.
The plan is a selfsavings plan whereby the peaks
of
Oak
net
gan
Corporation, both of New
York, Schwabacher & Co., of San
Francisco, Provident
Savings
Bank
No. 437 of the 1949 session of the
second
Francisco,
$2,500,000
tional City Bank, First
cate
March
on
to
bonds, as
price of 100.04,
County
Sale
232—were
Savings Association, San Fran¬
cisco, for $26,000 as 2%s, and
$67,000 as 21/4S.
&
Angeles County Sch. Dists.
(P. O. Los Angeles), Calif.
The
plan of reorganization of
the City's general debt was made
possible by the passage of Act.
and
the
Los
Sale
Due
1960
bonds
15
inclusive.
County (P. O. Ventura), Calif.
Principal
(M-S)
payable at
Bond
21/2s.
from
Bond
3—
National
Bond O f f
ture
a
Mateo
Feb.
awarded
FLORIDA
from
1962 inclusive.
District
Redwood
&
March
1959
to
15
March
on
of
School
First
bonds.
Savings Associa¬
San Francisco, for Del Mar
San
p.
follows:
as
on
15
&
1214s and 2s, at
171,
sive.
Denomi-
1950.
1951
as
15
from
County Treasury.
school
all of the customary security pro¬
visions of municipal utility rev¬
51,000
Due
March
on
District
Bank
Trust
of America National Trust & Sav¬
Dist.
se¬
cured by an Indenture, containing
1
inclusive.
March 1
on
2s.
as
Due
School
Union
Weeden
to
Due
school
6—v.
awarded
from
1973 inclusive.
March
interest
the
is
March
on
1971
nation $1,000.
engineering firm of Wideman and
Singleton, of Atlanta, Ga.
The
Due
to
Due
to
Dated
engineering
1952
425,000 Compton City Sch.
debt.
an
bonds.
from
cently completed plan of reor¬
ganization of the City's general
text of
$42,000
tion,
Calif.
$93,000
Feb.
were
Co., of San
price of 100.05, a
1.90%, as follows:
1958 to
the
tional
District,
Co., of San Francisco,
Bond
Dist.
City including its history,
location, economy and finances,
with a full description of the re¬
—
offered
596—were
as
$299,000 Downey Union High Sch.
of the
plete
bonds
Sale
date
same
2i/4s and 2%s, at a
County (P. O.
Stockton),
Bond
on
divided
bonds,
of
cost
and
San Joaquin
follows:
matter descriptive
port on the water system and the
construction program for the new
(PST)
a.m.
interest
net
a
Montezuma School
Feb, 14 for the purchase of $724,-
state¬
The statement includes the com¬
reflecting
Grove
501—were
$60,000
District
a
2s.
as
from
The second highest bidder
J. S. Strauss & Co., on a bid
was
The
—
School
on
l%s.
the
offered
notes
p.
1975 inclusive.
The second highest bidders were
John Nuveen & Co., for Lemon
2.23%.
171,
15
to Weeden &
as
25,000
Co.,
about
of
cost
March
on
from 1951 to 1957 inclusive.
bid reflect¬
on a
interest
&
Note Sale—The $500,000 tax an¬
ticipation
ton, at 0.62%
1962 inclusive.
Sale
basis of about
$35,000
March 15
on
Due
Union
offered
Francisco, at
were
—
to
1962 to
Mar
awarded
Due
2%s.
Additional
&
receive
will
Clerk,
sealed bids until 9
new
the
Francisco,
The
County
596
p.
Schwabacher
net
a
(A-O) payable at the
Angeles County Sch. Dists.
ley,
and the pro¬
under
part
1950.
(P. O. Los Angeles), Calif.
Bond Offering—Harold J. Ost-
the
to
ing
Bank
Los
financial set-up.
The
1,
171,
v.
—
1951
as
from
Hospital District,
of San
Francisco.
ule of rates and charges for water
sad other
c
$50,000
of
8
awarded
County Treasurer's office.
Le¬
gality approved by Orrick, Dahlquist, Neff & Herrington, of San
consultants to the Board.
The
April
and interest
financial
are
purchase
registered bonds.
Denomina¬
tion $1,000.
Due on April 1 from
1951 to 1960 inclusive.
Principal
Dated
prepared
Wain-
was
supervision
the
for
from
about 2.37%.
Dist., San Joaquin
school coupon or
which is divided
sections,
the
Feb.
2V2S.
as
29,000
Bond Sale—The
$175,000 hos¬
pital, Issue of 1948 bonds offered
Country Clerk, will receive sealed
bids until 11 a.m. (PST) on Feb.
interested par¬
other
Sch.
Twain
Waterbury, Conn.
v.
$24,000
Calaveras County (P. O.
San Andreas), Calif.
County (P. O. Stockton), Calif.
Bond Offering—R. E. Graham,
a
substantial number of banks, in¬
surance companies, permanent in¬
vestors
O'Melveny
Angeles.
& Myers, of Los
J. Bell,
of the United
inclusive.
1970
to
Legality approved by
Official
An
by N.
1951
Principal and interest (F-A) pay¬
able at the City Treasurer's office.
23
revenue
from
follows:
Mark
bids until 8 p.m. (PST) on
of the
&
Barth
bonds
receive
will
J.
Witter
Dean
Del
Bond Offering—Earl E. Stanton,
Clerk,
Association,
Bank
Trust
CONNECTICUT
Bank,
&
a
basis of about 2.47%.
a
City
the
of
National
California
and
of Los Angeles,
& Co., of San
Francisco, jointly, at a price of
100.007, a basis of about 2.69%, as
to
Heller, Bruce & Co., all of
San Francisco, J. A. Hogle & Co.,
of Salt Lake City, and Lawson,
Levy & Williams, of San Fran¬
cisco, as 2V2S, at a price of 100.24,
Barstow, Calif.
City. Legality approved by Reed,
Hoyt & Washburn, of New York
Ciiy.
The Water Works Board
America
Savings
terest
(J-J) payable at the Chem¬
ical Bank & Trust Co., New York
awarded
were
Co.,
bonds, as 3y2s.
revenue
50.000
water
bonds of¬
171, p.
399—
6—v.
awarded
$30,000
$1,-
1955
Feb.
date
same
on
1950
Series of
works,
a.m.
Jan.
Ariz.
Sale—The $80,000
Parker,
•
t
Volume 171
East
Bond
Number 4881
Feb,
3—:v.
awarded to
were
Ga.
Point,
Tipton
Sale—The $600,000
offered
171,
501—
p.
com¬
posed of the Trust Co. of Georgia,
J. H. Hilsman & Co., Wyatt, Neal
& Waggoner, and Milhous, Mar¬
tin &
at
a
Co., all of Atlanta, as 2V2S,
price of 106.76, a basis of
about
1.92%, as follows:
$100,000 fire department bonds.
Due
Nov.
on
1969 inclusive.
1
1950
from
to
Bond
Offering—H.
County
Auditor,
sealed
bids
Feb.
on
21
$100,000
for
Castor,
(CST)
purchase
hospital
of
bonds.
1950
on
Con.
S.
water bids until 8
p.m. (CST) on Feb. 14
7—v. for the purchase of $50,000 build¬
171, p. 501—were awarded to the ing bonds.
Dated Feb.
1, 1950.
First Bank of Troy, as 2M>s, at a Due on Dec. 1 from 1951 to 1969
The second high¬ inclusive.
Legality approved by
est bidder was Fordyce & Co., for
Chapman & Cutler, of Chicago.
2%s, at a price of 100.16.
Carter Lake (P. O. Council Bluffs),
price of 100.10.
Iowa
Bond
Town
F. Jones,
Bond Offering—Bennie
City
Clerk,
bids until 10
28
will
(CST)
sealed
receive
a.m.
-
on
Feb.
of $1,000,000
bonds. Denomina¬
the purchase
for
water revenue
Offerings
Clerk,
and open
Feb.
on
Don R. Hill,
receive
bids until 8
13
the
for
sealed
(CST)
p.m.
purchase
of
$8,000
sewer
1950.
r
in
g
—
City Clerk, will receive
bids until 10 a.m. (CST)
Feb.
on
21
the
for
purchase
of
$2,000,000 electric revenue bonds.
Dated April 1, 1949. Denomination
Due
$1,000.
interest
Principal
payable
(A-O)
National
First
April 1 from 1950
on
inclusive.
1979
to
and
the
at
Bank, of Chicago.
Legality approved by Chapman &
Cutler, of Chicago.
to
the
Marion
sewer
233—were awarded to
tier
highest
bidder
Bonds
inclusive.
Feb.
dated
are
Nov.
on
from
1
1,
1951
to
$70,000
Sale—The
501—were awarded
Fox, Reusch & Co., of Cincin¬
6—v.
to
171,cp.
nati, as 2%s, at a price of 100.65,
basis of about 2.69%.
The sec¬
a
bidder was RaffensHughes & Co., for 2%s, at
price of 100.45.
ond highest
perger,
a
Sch. Twp. (P. O.
Pendleton), Ind.
Fall Creek Twp.
S
Bond
Offering
—
Earl
Bonds
—
The
City National Bank & Trust Co.,
of Kansas City, is publicly offer¬
issue of $175,438.72 in¬
ternal improvement bonds. Dated
ing
an
Feb.
1, 1950. Due on Feb.
1951
inclusive.
1960
to
and interest
1 from
Principal
1950
Bond
improvement
of
$333.
1962
County (P. O. Hickman),
Kentucky
Sale—The
$61,000
1,
Due on July 1 from 1951 to
Interest J-J. Le¬
inclusive.
gality approved by Ross, McCord,
[ce & Miller, of Indianapolis.
build¬
bonds offered Feb. 3—v. 171,
p
501—were awarded to Otis &
Co., of Cleveland, and Freeman &
Co., of New York, jointly, as lV2s,
at a price of 100.65, a basis of
ing
about 1.43%.
Pendleton
Bond
Offering—L. M. Titus, Sec¬
of
gality approved by Ross, McCord,
toe & Miller, of Indianapolis.
p.
County
(P.
approved by
Cutler, of Chicago.
Chapman &
The second
Continental
Illinois National Bank & Trust
Co..
Chtoago,
and
Indianapolis
ond & Share Corp., Indianapolis,
*oint.iy,j for l%s, at a price, of
highest
bidder
3
was
00.89.
1
from
2%'s,
inclusive.
bonds:
Sch.- Dist.
$47,000
Feb.
on
due
4s,
as
from
1
inclusive;
due
on
on
1956
$158,000,
Feb.
1
to
1963
2V2S,
as
from
1964
to
1970 inclusive.
Lake
Bond
Charles, La.
Offering
City
Moore,
—Florence
Clerk,
will
N.
receive
sealed bids until 10
a.m. (CST) on
purchase of $1,000,000 public school improvement
from
for the
1
Dated
Feb.
1951
1, 1950.
Due
De¬
Livingston Par. Sch. Dist. No.
I
597—were
awarded
Offering—Watson
2V2S.
as
from
200,000
1951
Due
Due
on
Feb.
1
on
Feb.
1
from 1956 to 1970 inclusive.
LOUISIANA
Alexandria, La.
Bond Sale—The
lic
Feb.
improvement
7
clusive.
$2,400,000 pub¬
bonds
were
Vis, at
from
495,000
from
809,000
1951
as
Bond
Bond
1961
to
2V4S.
Due,
inclusive.
1
inclusive.
on
Feb.
101.41,
as
2V2S.
.
Due on Feb. J
from 1970 to 1975 inclusive.
by
Feb.
3
20,000
Denomination
notes
to
basis of about 1.84%.
a
in 1961 to
County (P. O.
Dedham), Mass.
Note Sale—The $350,000
ticipation
171,
notes
offered
at
Feb.
an¬
7—
awarded to
the State Street Trust Co., of Bos¬
ton, at 0.68% discount.
v.
503—were
p.
Note
Offering
A.
(EST)
a.m.
on
notes
offered
Dated
Feb. 16, 1950.
$50,000 and $25,Nov. 3, 1950. Legality
000. Due on
Thorndike,
Palmer & Dodge, of Boston.
approved
by
Storey,
demption
Feb.
7—
at
171,
p.
0.83%
interest.
highest bidder
was
The
second
Merchants Na¬
tional Bank, Boston, at 0.84%
int.
Beverly, Mass.
Note Sale—The $300,000 notes
offered Feb. 7—v. 171, p. 579—
were
awarded to the Boston Safe
Deposit & Trust Co.,
at 0.70% discount,
of Boston,
Note Sale—The $5,000,000 notes
offered
Feb.
7
were
1958
years
office
the
of
State
Offering
John H.
—
bids
sealed
until
awarded -to
J. P. Morgan & Co. Inc., and
C. J.
10
a.m.
Feb. 14 for the pur¬
chase of $996,000 special assess¬
ment coupon or registered bonds,
on
divided
as
$48,000
bond
called
ing the
for
follows:
Series
R
bonds.
sewar,
Dated Feb.
Due
Aug. 15 from 1951 to
on
5,
follows;
as
called
for
re¬
premium
no
redemption dur¬
1960 and 1961; and
shall
be
paid on
years
1950.
1954 inclusive.
payable
at
the
Bank,
Lainsburg.
approved
by
Miller,
Paddock & Stone, of
Canfield,
Detroit.
Sherman
Township Rural Agric.
(P. O. Weidman),
Michigan
Sale—The $26,000 school
Sch.
Dist.
Bond
bonds
offered
502—were
State
man
Feb.
1—v.
to
awarded
171, p.
the
Weid-
Bank, of Weidman.
Stanwood
Rural
Agricultural
School District, Mich.
Bond
Offering
District
—
Arndt,
Albert
will receive
sealed bids until 8 p.m. (EST) on
Feb. 14 for the purchase of
$50,000 building coupon
bonds.
Dated Sept. 1, 1949.
Denomina¬
tion $1,000. Due on May 1 from
1950
Secretary,
1964
to
maturing
lateral
for
for
redemption during the
and 1959; $5 on each
Legality
the
at
fixed
the years 1954
each bond called
(F-A)
bids
after
1955; $15 on
redemption during the years
and 1957, $10 on each bond
State
sealed
or
premium
a
during
interest
in
inclusive.
the
Bonds
to
be redeemed at the
option of the District in inverse
1964,
I960
years
may
numerical
order
payment date
on
on
or
any
interest
after May 1,
interest
redemption, plus
1954, at par and accured
948,000 street and
Series
15,
S
alley paving
Dated
bonds.
1950.
Due
on
Feb.
Aug.
15
from 1951 to 1954 inclusive.
Denomination
and interest
$1,000. Principal
(F-A) payable at the
current official bank
Boston, Mass.
date
bond
Union
will
Chairman,
on
in
any
and accrued
redeemed
each
011
on
bonds called for redemption after
the
year
1961.
Principal and
Authority,
Housing
the
so
receive
Jr.,
(EST)
597 were awarded to the
Second National Bank, of Boston,
v.
to
each bond
District
order
par
redemption, plus
called for
receive
Note Sale—The $250,000 tax an¬
ticipation
1954, at
000
notes.
the
interest payment date
interest
Feb. 14 for the purchase of $350,Denominations
of
numerical
1956
Bond
County (P. O.
Pittsfield), Mass.
May I,
1966 may be redeemed
option
Aug. 1,
$20
Howard
—
the
inverse
tax
Witherspoon, City Controller, will
Berkshire
May 1
on
on
Due
$1,000.
Norfolk
ton,
awarded
Due
1966.
Note Offering—Arthur E. Boyn-
$800,000
Due
2V2s.
as
The second highest bidder was
First of Michigan
Corporation, and
Braun,
Bosworth
&
Co.,
Inc.,
on March 1 from 1951 to 1970 in¬
jointly, for 2%s and 2V2S, at a
clusive.
Principal
and
interest price of 100.005, a basis of about
payable
at
the
First
National 2.71%.
Bank,
of Boston.
Legality ap¬ Sciota
Twp. Sch. Dist. No. 1 (P.O.
proved by Storey, Thorndike, Pal¬
Laingsburg), Mich.
mer &
Dodge, of Boston.
Bond Offering — Victor
Byra,
Hampden County (P. O.
District
Secretary, will receive
Springfield), Mass.
sealed bids until 2 p.m. (EST) on
Note Sale—The $500,000 notes Feb. 14 for the purchase of
$89,offered Feb. 8—v.
171, p. 597— 000 building coupon bonds. Dated
were
awarded to the Third Na¬ March
1,
1950.
Denomination
tional
Bank
&
Trust
Co.,
of $1,000. Due on Aug. 1 from 1951
Springfield, at 0.67% discount.
to 1966 inclusive. Bonds
maturing
1950.
Massachusetts
were
2%s.
as
from 1955 to 1965 inclusive.
will receive
sealed bids until noon (EST) on
Feb. 16 for the purchase of $300,000 municipal building loan Act of
1948 coupon bonds. Dated March 1,
Weymouth
MASSACHUSETTS
1
from 1962 to 1969 inclusive.
746,000
approved
of
Sale—The $500,000 school
380,000
Offering—John G. Woolla-
City Treasurer,
cott,
Housing Board, 18 Tremont
the First National Bank, of Port¬
Street, Boston, until 11 a.m. (EST)
land, at 0.69% discount.
on Feb. 16 for the purchase of $1,Notes are dated Feb. 10, 1950.
430,000 Second Series notes. Dated
Due on Oct. 6, 1950. Legality ap¬ Feb. 27, 1950. Due on Feb. 27, 1951.
proved by Ropes, Gray, Best, Cool- Principal and interest payable at
the Second National Bank, of Bos¬
idge & Rugg, of Boston.
ton.
Legality approved by Sulli¬
Waterville, Me.
van, Donovan, Heenehan & HanBond Sale—The $100,000 arm¬
rahan, of New York City.
ory-community center bonds of¬
fered Feb. 7—v. 171, p. 597—were
MICHIGAN
awarded to E. H. Stanley & Co.,
Detroit, Mich.
of Waterville, as 2s, at a price of
offered
Due on Feb.
21/2S.
1956
as
1955
Sale—The
offered
of
to
Legality
Due
1970 in¬
Corporation,
a
MAINE
awarded to
composed
$1,000.
1 from 1951 to
Chapman & Cutler, of Chicago.
a syndi¬
Scharff
&
Jones, of New Orleans, Rapids
Bank & Trust Co., of Alexandria,
cate
March
Note
to 1955 inclusive.
2%s.
as
Denomination
1950.
on
1,
p.
First
Twp. Sch. Dist. No. 8t
(P. O. Hazel Park), Mich.
for
March
171,
the
to
Royal Oak
sealed bids until 11
Dated
2—v.
awarded
Michigan
Briggs City Treasurer, will receive
bonds.
Sale-^The $225,000 school,
offered Feb.
Detroit.
and
of
the
Parish
Board, will receive sealed
a.m.
(CST) on Feb.
for the purchase of $257,000
to
Bank, of New York, as bonds offered Feb. 7—v.
171, p.
price of 100.65, a basis 502—were awarded to the Chanof about 1.11%. The second high¬
ner
Securities Co.; R. S. Dickson
est bidder was Halsey, Stuart & &
Co.; Ballman & Main, all of
Co.; Harriman Ripley & Co., Inc.; Chicago,
jointly, at a price of
Coffin- & Burr, and L. F. Roth¬
100.21, a basis of about 2.69%, as
schild & Co.; jointly, for 1^4 s, at a
follows:
price of 100.58.
$100,000 as 2V4s. Due on May 1
f
from 1951 to 1954 inclusive.
Fitchburg, Mass.
1
Taunton, Mass.
Bank-
171, p.
Ryan,
&
502—were
Chase
the
to
Bond
bonds
National
(P. O. Livingston), La.
Bond
school
1—v.
Co., of Toledo, at a
100.09, a basis of about
of
Mass.
$1,315,000 tran¬
sit assessment loan, Act of 1949
bonds offered Feb. 8—v. 171, p.
to 197 5inclusive. Prin¬
Cutler, of Chicago.
$20,000
Feb.
awarded
were
—
Metropolitan District, Mass.
Buffalo, and Kean, Taylor &
Co., of New York, as 2s, at a price
of 101.94, a basis of about 1.90%.
Feb. 1
on
cipal and interest (F-A) payable
at
the
City Treasurer's office.
Legality approved by Chapman &
Ky.
Bend Sch. City, Ind.
gality
No.
Feb.
Portland, Me.
Equitable Securities Corp., White
Hattier & Sanford, of New Or¬
Bond Sale—The $775,000 school
leans, Hornblower & Weeks, Ba¬
bonds offered Feb. 7 were award¬
con,
Stevenson & Co., both of
ed to Halsey, Stuart & Co., and
New
York, Howard, Labouisse,
the City Securities Corp., of In¬
Friedrichs & Co., and Glas & Co.,
dianapolis, jointly, as Is, at a price both of New
Orleans, at a price
of 100.01, a basis of about 0.99%.
of 100.005, a basis of about 2.42%,
Dated Feb. 15, 1950. Due on Feb.
as follows:
15 from 1951 to 1955 inclusive. Le¬
$350,000 as 3s.
Due on Feb. 1
South
to
O.
building bonds offered Feb. 7—
v.
171, p. 597—were awarded to
the W. C. Thornpurgh Co., of Cin¬
cinnati, at a price of par, a basis
of about 2.73%, as follows:
the
1950. Denomination $1,000,
except one for $667. Due on Jan. 1
from 1952 to 1963 inclusive.
Le¬
school
offered
Sale—The $250,000 school
Trustees, will
Feb. 1,
bonds
Lebanon),
Bond
Town, Ind.
Board of School
receive sealed bids
until 4:30 p.m. (CST) on Feb. 20
tor the purchase of $11,667 im¬
provement of 1950 bonds. Dated
retary
1963
1964
school
Stein Bros.
to
Marion
$50,000
Sch.
to
Sale—The
offered
price of
Bond
Sale—The $1,872,000 re¬
2.15%, as follows:
funding bonds offered Feb. 8—v.
$11,000 as 2V2S. Due on April L
171, p. 597—were awarded to a
from 1951 to 1954 inclusive.
syndicate
composed
of
Phelps,
9,000 as 2s. Due on April 1 from
Fenn & Co.; Dick & Merle-Smith;
1955 to 1957 inclusive.
B. J.
Van, Ingen &
Co.; HornLa Grange Twp. Sch. Dist. No. I
blower & Weeks, all of New York;
(P. O. Cassopolis), Mich.
Schoellkopf, Hutton & Pomeroy,
due
Feb.; 1 from 1951 to 1955 in¬
clusive; $120,000 as 2V4S, due
27
597—were
& Boyce,
of Louisville, as 3s, at a price of
102.00, a basis of about 2.40%.
awarded
Indianapolis School City, Ind.
Bond Sale—The $440,000
1956
from
in¬
2V4S,
bids until 10
1950. De¬ building revenue
nomination $1,000, except one for Feb;
7—v.
171,
Feb.
1955
1
on
Bond
School
KENTUCKY
Fulton
Dated
to
Twp. Frac. Sch. Dist. No. H
bonds
502
2, 1950.
53
(P. O. Maple Rapids), Mich.
ston, -'Secretary
Boston,
Trustee, will receive
sealed bids until 4:30 p.m. (CST)
on
Feb. 20 for the purchase of
$23,333
1950.
10,
Essex
Sutherland
Boston
•
Township
bonds.
2
on
as
325,000 Con.
(F-A) payable at the
Treasurer's office.
State
No.
4s, due
as
1951
nomination $1,000.
Publicly Offered
of
as
March
Hutchinson, Kan.
cost
of
due
bonds.
Feb.
re¬
inclusive, and $21,000
1955
KANSAS
water
Co.,
bid
$24,000
Feb.
on
1950.
Cooney, of Des Moines.
works revenue bonds offered
Orleans,
Dist.
from
1
clusive;
was
Legality approved by
Carpenter, Ahlers &
Bannister,
Sch.
$10,000
Feb.
National Bank, for IV2S, at
price of 100.12.
Due
Nov.
on
Feb.
Cambridge,
follows:
as
bonds:
Pella
a
2.47%,
$55,000 Con.
State
Bourbon, Ind.
Bond
&
about
Bank, of Pella, as l^s, at a price
100.13, a basis of about 1.46%s.
second
Due
dated
are
Bond Sale—The
White, Hat-
Sanford, of New
Borrow, Leary &
Shreveport, jointly, on a
flecting a net interest
of
The
Notes
Cutler, of Chicago.
Benton), La.
award¬
were
County
Devine & Co., both of New York,
jointly, at 0.90% interest, plus a
premium of $165.
of
March
1970
$20,000
bonds offered Feb. 3
ed
March 1 from 1951 to
Bond Sale—The $380,000 school
bonds offered Feb. 2—v.
171, p.
Dated Feb. 1,
Sale—The
4
$500.
Bossier Parish Sch. Dists. (P. O.
Pella, Iowa
Bond
Ernest W.
Coburn,
sealed
&
man
Nov.
Anderson, Ind.
Bond O f f e
No.
1, 1950. Interest
Legality approved by Chap¬
M-S.
Legality
approved
by
Bannister, Carpenter, Ahlers &
Cooney, of Des Moines.
INDIANA
District
inclusive.
Dated
Principal and interest clusive.
payable at an Illinois bank.
tion $1,000.
1951 to
Denomination
on
1960
Denomination $1,000.
Due
1 from 1951 to 1958 in¬
on
bonds.
25
$1,000.
from
and
—
will
School
Due
Iowa
F.
Feb.
ILLINOIS
No.
March 1
1960 inclusive.
Dist.,
—
District
Denomination
on
bonds.
Sch.
Offering
School
bonds.
27,000
IOWA
tors, will receive sealed and open
Taylorville, III.
the
Due
Jeppe,
Secretary of the Board of Direc¬
$15,000
offered
for
Miller, of Indianapolis.
Bennet
Sale—The
bonds
9
$82,000
Bond
Troy, Idaho
Board, will receive sealed
a.m. (CST) on March
(701)
bids until 10
purchase of $109,000
bonds, divided as follows:
Due
July 1 from 1951
to
1970 inclusive.
Legality ap¬
proved by Ross, McCord, Ice &
Kelley, of Atlanta.
system
Bond Offering — L. L.
Smith,
Secretary-Treasurer of the Parish
School
$1,000.
Legality approved
IDAHO
CHRONICLE
Allen Parish Sch. Dists. (P. O.
receive
a.m.
the
FINANCIAL
Dated Feb. 15, 1950. Denomination
by Spaulding, Sibley, Troutman &
Bond
E.
10
&
Oberlin), La.
will
until
COMMERCIAL
O.
County (P.
Tipton), Ind.
bonds
syndicate
a
THE
of the City.
Legality approved
Canfield,
Detroit.
Paddock. &
by MUler,
Stone,
of
to date fixed for
a
premium for each bond
deemed
so
re¬
follows:
$15 on each
bond called for redemption on or
before
as
May 1, 1955; $10 on each
redemption there¬
bond called for
after,
but
on
or
1857;
and
no
premium
raid
*••■1
•vd
en
before
May
1,
shall be
bonds called for redemp-
May 1, 1957.
htcrcst
Principal
(M-N) payable at a
54
bank
Legality approved
by Miller, Canfield, Paddock &
Stone, of Detroit.
County (P. O.
Mich.
Wayne
Bond
Sale—The
offered' Feb.
politan water supply system rev¬
enue, Series B bonds offered Feb.
9—v. 171, p. 597—were awarded
to
Watling, Lerchen & Co., of
Detroit, as' 2V4S, at a price of
100.21, a basis of about 2.23%.
awarded
were
Shawmut
ond
of
Bank,
New
price of
Hyde
proved by Storey, Thorndike, Pal¬
& Dodge, of Boston.
mer
Co., of Floral
price of 100.01,
a
about
highest
to
0.87% discount. The
second highest bidder was First
National Bank,
Boston, at 95%
discount, plus a premium of $2.
Notes are dated Feb.
7, 1950.
Due on Dec. 7, 1950. Legality ap¬
1.09%.
bidder
Park,
1.20s,
of
at
a
JERSEY
NEW
1.68%.
Sand Lake and Poestenkill Central
School
Sale—The
offered
1950 Series F
Feb.
9—v.
5.98—were awarded to Ira
District
Averill
$150,000 water
system
171, p.
Haupt &
Co., of New York, as 1.90s, at a
price of 100.08, a basis of about
Bond
Bond %ale—The
Offering—John
F. Bor$50,000 street
Bond Offering — Hamilton S.
improvement bonds offered Feb. 7 muth, Borough Clerk, will receive
sealed bids until 8 p.m. (EST) on Gaddis, Town Clerk, will receive
—v. 171, p. 503—were awarded to
sealed bids until 10:30 a.m. (EST)
Piper, Jaffray
& Hopwood, of Feb. 21 for the purchase of $66,000
on
Feb. 14 for the purchase of
lighting
coupon
or
registered
Minneapolis.
bonds. Dated March 1, 1950. De¬ $75,000 parking field 1950 coupon
Minnesota (State of)
or registered bonds. Dated March
nomination $1,000. Due on March 1
Bond
Sale
The
$6,421,000 from 1951 to 1970 inclusive. Prin¬ 1, 1950. Denomination $1,000. Due
No.
(P.
1
i
r
g—Russell
n
II.
Jones, District Clerk, will receive
sealed bids until 2 p.m. (EST) on
Feb.
15 for the
purchase of $450,000 building 1950 coupon or regis¬
tered bonds.
Dated Feb. 1, 1950.
Denomination $1,000. Due on Feb.
1
from
1951
to
1980
inclusive.
Principal and interest (F-A)
by the Minnesota Invest¬
on Feb. 9—v. 171, p.
offered
ment Board
598—were awarded to a
syndicate
composed of the Equitable Securi¬
ties
Corp., Blyth & Co., Lehman
White, Weld & Co., all of
York, Union Planters Na¬
tional Bank & Trust Co., of Mem¬
Bros.,
New
phis, John Nuveen & Co., of Chi¬
W. R. Stephens Investment
cago,
Co., of Little Rock, Marine Trust
Co., of Buffalo, Field, Richards &
Co., of Cleveland, Hirsch & Co., of
New
York,
Provident
Savings
Bank & Trust Co., of Cincinnati,
Dempsey-Tegeler & Co., of St.
Louis, Breed & Harrison, of Cin-
cinati, H. V. Sattley & Co., of De¬
troit, Well, Roth & Irving Co., of
Cincinnati, Juran & Moody, of St.
Paul, Sills, Fairman & Harris, of
Chicago, and the Third National
Bank, of Nashville, at a price of
102.20,
ing, Series 1949 bonds.
Stuart & Co.; Equitable Secu¬
rities Corp.; Coffin & Burr; Horn-
Central Sch. Dist.
No.
N.
1,
a
basis of about
ond
highest
The
1.37%.
bidder
sec¬
Allison-
was
Williams Co., for 1.40s, at a
of 100.08.
price
Offering—Edgar I. SchauDistrict Clerk, will receive
ber,
sealed
bids
the
at
Peters,
514
office
State
Schenectary, until 11
of
Roy
Street,
in
a.m.
on
on
Denomination
$1,000.
Due
Feb. 1 from 1951 to 1980 inclu¬
sive. Principal and interest (F-A)
payable at the Ballston
Note
ity approved
Heckler
New York
Scotia, N.
Bond
Sale—The
improvement
Y.
$35,500
1950
public
offered
bonds
March
Bond
Offering—Greek
L. Rice,
until
10
(CST)
a.m.
Feb.
on
16
for
the
purchase
of $2,220,000
highway
revenue,
Seventeenth
Series Coupon bonds. Dated Feb:
1, 1950.
Denomination $1,000. Due
Aug.
on
from
1
1952
to
1971
inclusive.
Principal and interest
(F-A) payable at the State Treas¬
urer's
the
office,
holder
or
at the
thereof
option
the
at
tinental Illinois National
of
Con¬
Bank
&
Trust
Co., of Chicago, or at the
Guaranty Trust Co., New York
City.
No.
1
Dist.
(P. O. Limestone), N. Y.
Bond
1949
Sch.
Sale—The
$40,000
Trimble &
City.
New
York
Bond' Offering—John D. Brock-
Town
way,
ceive
Supervisor,
sealed
(EST)
chase
of
Dist.,
bids
Feb.
on
tered
$6,500
bonds.
until
14
extension
will
2
p.m.
the
for
pur¬
Lyndon
coupon
Dated
Denomination
re¬
Water
regis¬
or
March
1,
$500. Due
on
MISSOURI
School
Clinton
Sept.
sive. Principal and interest (M-S)
Sale—The
District,
Mo.
$240,000 2V2%
school
bonds
171,
401—were awarded to the
p.
offered
Feb.
First
National
Bank,
at
price
108.39,
a
of
of
9—v.
Chicago,
basis
a
of
about 1.70%. Dated March 1, 1950.
Due on March 1 from 1951 to 1970
inclusive.
Charles
Legality
&
approved
Trauernicht,
of
by
St.
Louis.
Chadron,
Bond
Sale
paving
bonds
Robert
Omaha,
v.
171,
p.
on
Oct.
No.
the
Co.,
bonds.
of
Due
1956 to
(P. O. Harrisville),
New
York
Offering—Lloyd Hickey,
District Clerk, will receive sealed
until
for
2
the
p.m.
(EST)
purchase of
coupon
1958
Dated
or
Jan.
1,
1956
to
sive.
on
Feb.
$199,000
registered
1950.
De¬
Principal and interest (J-J)
able
at the
Black
River
Due
1958
Oct.
inclu¬
pay¬
National
Bank, of Lowville. Legality ap¬
proved by Reed & Reed, of Low¬
ville.
Hempstead Great Neck
Sewer
District
(P. O.
Manhasset), N. Y.
Sale—The
$250,000
Bond
171,
the
bonds
p.
as
offered
598—were
Bankers
1.80s, at
a
1.77%.
The
Bond
offered
were
Sale—The
memorial 1950, Series
A bonds offered Feb. 9—v. 171, p.
598—were awarded to a syndicate
composed of Halsey, Stuart & Co.,
county
war
Union
York,
Securities
Blair
Hornblower
Feb.
8—v.
awarded
to
the
First
Corp., of New
Rollins & Co., Inc.,
&
Weeks, ancf A. C.
Co., both of NeW York,
1.60s, at a price of 100.16, a
Allyn &
as
basis
ond
of
about
1.58%.
highest bidder
cantile-Commerce
was
sec¬
Blyth
&
Bank
&
Trust
Co., St. Louis, Equitable Securities
Pomeroy,
jointly,
for
1.60s,
at
1958
2s,
as
1953
to
1957
3s, due
as
1975
to
in¬
OHIO
Berlin
Local
Sch. Dist., Ohio
Offering—D. W. Miller
Bond
Clerk
will
of the
Board
receive
of
Education,
sealed
bids
until
Offering—W.
ernment
sealed
14
the
for
school
his
at
leigh, until 11
E.
Easter-
in
(EST)
a.rm
purchase
Dated
May
nomination $1,000.
from
office
on
of
1,
Feb
coupon
1949.
Due
Ra¬
$250,000
building, Series B
bonds.
Denomination $1,000. Due on April
from
1951
to
1965
inclusive.
1
Principal and interest (A-O)
De¬
May 1
on
1951 to 1978 inclusive. Prin¬
pay¬
able at the Commercial and Sav¬
ings Bank, Millersburg.
'
Carthage-Troy Local Sch. Dist.
(P. O. Coolville), Ohio
Offering
John
—
Clerk-Treasurer
Board
Commission, will receive
bids
(EST) on Feb. 22 for the
purchase of $60,000 construction
coupon bonds.
Dated Jan. 1, 1950.
of
Education,
Hum¬
of
will
the
receive
sealed bids until 7 p.m. (EST) on
Feb. 17 for the purchase of $51,000
building
Dated
and
equipment bonds.
1, 1950. Denomination
Feb.
$1,000. Due
to
1965
Nov.
on
(M-N)
Peoples
from
1951
Principal
inclusive.
interest
and
1
payable
Banking
the
Trust
and
at
Co:,
of
Marietta, Belpre Branch. Le¬
gality approved by Squire, Sand¬
&
ers
Dempsey, of
Cleveland.
cipal and interest (M-N) payable
in
New
proved
York
City. Legality ap¬
Reed, Hoyt & Wash¬
by
burn of New York
Fairview Park Exempted
School District
City.
Bond
Haywood County
(P. O.
Waynesville), N. C.
Bond
Offering—W.
E.
Clerk
bids
14
for
his
at
leigh, until 11
the
a.m.
Easter-
office
in
purchase
of
Ra¬
on
(EST)
Feb.
$25,000
school coupon bonds. Dated Feb.
1950.
Denomination
Feb.
1
from
$1,000.
1951
Principal
1955
to
1,
Due
in¬
interest
and
Lincolnton,
Bond
C.
N.
Offering—W.
E.
bids
14
for
the
his
at
leigh, until 11
a.m.
$68,000
000.
March
1
from
the
Bond
of
1951
to
1963
bonds.
Due
bonds.
Due
on
clusive.
the
March 1 from 1953 to
on
1972
inclusive.
Dated March
nation
$1,000.
will
School
receive
(EST)
Principal and
in¬
sealed
bids
Feb. 22 for
on
purchase of $40,000 construc¬
Dated Jan. 1,
1950.
Denomination
Due
$1,000.
Oct. 1 from 1951 to 1970 inclu¬
sive;
Interest A-O.
Mason
Clerk
of
Local Sch. Dist., Ohio
Offering—W.
H.
Irwin,
the
Board
of
Education,
will receive sealed bids until noon
on
chase
of
bonds.
March
for
1
$30,000
Dated
Feb.
nomination $1,000.
Denomi¬
1, 1950.
District
tion coupon bonds.
(EST)
50,000 sanitary sewer bonds. Due
Local
p.m.
Bond
March 1 from 1953 to 1978 in¬
bonds,
finger, Clerk of the Board of Edu¬
on
light
building
(P. O. Summitville), Ohio
Bond Offering — Delia Tref-
inclusive.
110,000 water
$460,000
Franklin
March 1 from 1953 to 1975
on
payable
National
>
originally scheduled for Feb. 20,
has been postponed until March 6.
until 1
inclusive.
(J-D)
1
Prin¬
Sale Postponed—The sale
the
cation,
on
Dec.
Cleveland.
$310,000
follows:
and
Bank,
Legality approved by
Sanders & Dempsey, of
Squire,
Ra¬
Due
1
interest
Central
Cleveland
Feb.
as
June
on
cipal and
at
Easter-
'
82,000 electric
Due
in
bonds.
street
Jameson,
Education,
from 1951 to 1970 inclusive.
on
bonds, divided
coupon
T.
of
on Feb. 20 for the purchase
$460,000 bbilding bonds. Dated
March 1, 1950. Denomination $1,-
office
of
Board
(EST)
(EST)
purchase
the
of
ling, Secretary of the Local Gov¬
ernment Commission, will receive
sealed
Offering—H.
of
will receive sealed bids until 8 p.m.
ling, Secretary of the Local Gov¬
ernment Commission, will receive
sealed
Village
(P. O.
Cleveland 26), Ohio
the
cipal and interest
the
pur¬
improvement
1, 1950.
De¬
Due on Dec. 1
from 1951 to 1970 inclusive.
(J-D)
Prin¬
payable
terest
at
York
Legality approved by Peckr Shaf¬
fer & Williams, of Cincinnati.
(M-S)
payable in
New
City.
Legality approved by
Reed, Hoyt & Washburn, of New
York
City.
Roanoke
a
First Mason
Mount
Corp., and Schoellkopf, Hutton &
Bond
Rapids, N. C.
Bank,
Ohio
Healthy,
Offering
—
Mason.
Edward
G.
Ruoff, Village Clerk, will receive
sealed bids until noon (EST) on
ling, Secretary of the Local Gov¬ March 4 for the
purchase of $25,Ossining, N. Y.
ernment Commission, will receive
0Q0 fire apparatus bonds.
Bond
Dated
Offering— Frederick T.
sealed bids at his office in Ra¬
April 1, 1950. Denominations $1,Scrima, Village Clerk, will re¬
leigh, until 11 a.m. (EST) on Feb. 000 and
ceive sealed bids until 3:30 p.m.
$500. Due on Oct. 1 from
14 for the purchase of $95,000 Rec¬
1951 to 1960.
Interest A-O.
Le¬
(EST) on Feb. 21 for the purchase reation Facilities
bonds.
coupon
of $60,000 fire engine 1950 coupon
gality approved by Peck, Shaffer
Dated March 1, 1950. Denomina¬
& Williams, of Cincinnati.
or registered bonds.
Dated Mar. 1, tion
$1,000. Due on March 1 from
1950.
Denomination $1,000.
Due 1951 to 1978 inclusive.
Principal
Randolph Twp. Local Sch. Dist.
on March
1 from 1951 to 1960 in¬
and
interest
(M-S)
payable in
(P. O. Baglewood), Ohio
clusive.
Principal
and
interest New
York
Bond Offering — L. M. Light,
City.
Legality
ap¬
(M-S) payable at the First Na¬
proved by Mitchell & Pershing,^ of Clerk of the Board of Education,
tional Bank & Trust Co., Ossining.
New York City.
will receive sealed bids until noon
Legality approved by Hawkins,
(EST) on Feb. 21 for the pur¬
Delafield & Wood, of N. Y. City.
NORTH DAKOTA
chase
of
Bond
price of 100.08.
Offering—W.
E.
Easter-
$203 000
and Perinton,
Fire District
Na¬
The
Co., Goldman, Sachs & Co., Mer¬
Y.
$42,775 bonds
171, p. 598—
Bond
to
sec¬
from
v.
clusive.
Bond
ling, Secretary of the Local Gov¬
7—
Co., of New
price of 100.22,
1
phrey,
O.
con¬
Feb.
Feb.
on
in
price of
$145,000
from
1
inclusive, and $605,000
CAROLINA
County (P.
Sylva), N. C.
Legality approved by Reed, Hoyt
Washburn,of New York.
Trust
basis of about
a
were
&
awarded
Feb.
on
noted
were sold at a
follows:
as
due
previously
as
402,
p.
par,
(F-A) payable in New York City.
ond
Penfield
Floral Park, N.
54,000 district bonds.
from
1
Bond
inclusive.
15
Central School District
by
previously
503 will mature
15 from
inclu¬
bonds.
as
intersection
1953
nomination $1,000.
Due on Jan. 1
from
1951
to
1980
inclusive.
follows:
$14,000
to
$68,000
purchased
Schweser
l-3/4S,
as
noted in
as
E.
Wilma
building
Details—The
1951
Diana, Croughan, Antwerp and
15
Neb.
from
payable at the Bank of East Syra¬
cuse, East Syracuse. Legality ap¬
proved by Bond, Schoeneck &
King, of Syracuse.
bids
NEBRASKA
1
NORTH
Jackson
clusive.
North
highest bidder was Chas. E.
p. 503—were awarded to the First
Weigold & Co., and Geo. B. Gib¬
National Bank, of Salamanca, as
bons & Co., Inc., jointly, for 1.90s,
1Vzs, at a price of par. The second at a
price of 100.78,
highest bidder was C. E. Weineig
Onondaga County (P. O.
Co., as 1.70s, at a price of 100.18.
Syracuse), N. Y.
Dewitt (P. O. East Syracuse),
Bond
Sal e—The $2,000,000
1950.
Bond
1951. Legality ap¬
Caldwell,
Marshall,
Mitchell, of New York
—
to the C. E. Weinig Co.,
Buffalo, as 1.20s. The second
highest bidder was Marine Trust
Co., Buffalo, for 1.30s, at a price
of 100.05.
on
York,
school
bonds offered Feb. 7—v. 171,
1,
by
struction
Free
Due
598
p.
award
receive
housing, Issue VII
171,
of
re¬
noon
Dated March 1, 1950.
proved
Spa. Legal¬
by Vandewater,
& Galloway, of
Union
8—v.
J.
(EST) on
for the purchase of $1,250,-
notes.
on
Feb.
York
will
171,
1 p.m.
Offering—Thomas J. Far-
000 emergency
Spa Na¬
City.
Carrollton
Secretary State Bond Commis¬
sion,
will
receive
sealed
bids
will
2.87%,
pay¬
City Bank, of
Troy. Legality approved by Van¬
dewater, Sykes, Heckler & Gallo¬
way, of New York City.
City Housing Authority,
bids until
Feb. 15
v.
Mississippi (State of)
Edward
Clerk,
Chairman,
rell,
sealed
tional Bank, Ballston
Sykes,
MISSISSIPPI
New York
Bond
1950.
Arlington State Bank, of Arling¬
ton, as 1.40s, at a price of 100.12,
—
District
Teaney,
New
171,
598—were awarded to the
Offering
Y.
(EST)
Feb. 15 for the purchase of
$515,000 building 1950 coupon or
registered bonds. Dated Feb. 1,
p.
Bond
&
(P. O. Arlington), Minn.
Bond
Sale—The $25,UuO play¬
ground bonds offered Feb. 8—v.
69
1970 in¬
Weeks, both of New ceive sealed bids until 3:30 p.m.
York; Dolphin & Co., of Phila¬ (EST) on Feb. 15 for the pur¬
delphia, and G. C. Haas & Co., of chase of $252,500 school 1950 cou¬
New York, as IV2S, at a price of pon or
registered bonds. Dated
100.11, a basis of about 1.49%. The March 1, 1950. Denomination $1,second highest bidder was Phelps, 000, except one for $500.
Due on
Fenn & Co.; Blair, Rollins & Co., March 1 from 1951 to 1964 inclu¬
Inc.; First of Michigan Corpora¬ sive. Principal and interest (M-S)
tion, and MacBridge, Miller & payable at the National Bank of
Co., jointly, for $1,399,000 as 100.08. Lake Ronkonkomo, Lake Ronkon¬
koma.
Legality
approved
by
NEW YORK
Hawkins, Delafield & Wood, of
New York City.
Ballston, Clifton Park, Charlton
blower
W.
Sibley County Indep. Sch. Dist.
No.
to
approved
sey,
ries 1949 bonds.
3% and 3V4% refund¬
1951
from
payable
clusive.
Principal
and
interest
Bank, Butler.
by Hawkins, (M-S) payable at the office of
the Presiding Supervisor. Legality
Delafield & Wood, of N. Y. City.
approved by Hawkins, Delafield
Plainfield, N. J.
& Wood, of New York City.
Bond Sale—The $1,399,000 school
bonds offered Feb. 6 were award¬ I slip Union Free Sch. Dist. No. 11
ed to a syndicate composed of Hal(P. O. Ronkonkoma), N. Y.
Legality
$5,208,000 2.35% construction, Se¬
3,213,000
(M-S)
1
at the First National
and Glenville
follows:
as
cipal and interest
March
on
$750,000
dormintory revenue bonds pur¬
chased by the Bank of North Da-
able at the National
—
State of Arkansas highway bonds
Bismarck), N. Dak.
Bond Sale Details—The
kato, of Bismarck, on a bid re¬
flecting a net interest cost of about
O.
Park), N. Y.
O f f e
Bond
University of North Dakota (P. O.
Co., of Rochester, as
price of 100.10, a basis
a
of about
Y.
N.
Hempstead, Franklin Square Public
Parking District (P. O.
Hempstead), N. Y.
Butler, N. J.
Minn.
503—were awarded to the
p.
1.70s, at
par.
distribution
bonds
sec¬
Bank
was
for
Free port,
Bond
The
1.89%.
MINNESOTA
Calumet,
notes
of
basis
a
$200,000
Monday, February 13, 1950
Union Trust
1.10s, at
as
at
Boston,
$Su,uuO metro¬
3
National
the
Detroit),
Sale—The
171,
Park,
Berlin, N. H.
Note
CHRONICLE
FINANCIAL
tional Bank & Trust
HAMPSHIRE
NEW
designated
trust company
or
by purchaser.
&
COMMERCIAL
THE
(702)
(P. O.
Penfield), N. Y.
Bond Sale—The $17,000 fire ap¬
paratus
New Leipzig, N. Dak.
Sale—The $6,000 village
Penfield
bonds offered Feb. 3—v.
bonds.
offered
15
Bond
bonds
Jan.
19—v.
171,
pr
Dated Dec.
nomination
from
$1,000.
1951
to
construction
15, 1949.
inclusive.
143—were awarded to the Bank of
Principal and interest (J-D)
North
able
Dakota, of Bismarck.
at
the
De¬
Due on Dec.
1970
Farmers
State
pay¬
Bank
Volume
171
Number 4881
THE
of
Englewoood. Legality approved
by Peck, Shaffer & Williams, of
Cincinnati.
Bond
Sale
Ryan,
ledo,
Sutherland
2V4S, at
as
ond
con¬
Feb.
2—
awarded
to
& Co., of To¬
price of 101.39,
a
about 2.10%.
highest
bidder
The
iy>s, due
to
1959
Braun,
2y4s, at
due
Sebring, Ohio
Bond Offering—James Coffman,
the purchase
Feb.
on
of $'19,000 water
bonds. Dated
works improvement
1
$8,000
from
1957
l%s,
as
1960
to
Greer
Bond
Sale
portation
J.
as
Is.
4,000
as
1—
awarded
Multnomah County,
Water
iy4s.
O f f
Due in 1953.
Due in
1954
and
Clerk of the Board
The
second
No.
of Education,
(EST) on Feb. 21 for the
purchase of $85,000 building cou¬
pon bonds.
Dated March 1, 1950.
Denomination
$1,000.
Due
on
Dec. 1 from 1951 to 1970 inclusive.
highest bidder
The
—
4
Bond Sale
171,
v.
R. J.
interest due date
any
im¬
$465,000
Sale—The
Pond
7
171, p. 504—were awarded to
Otis & Co., of Cleveland; Strana-
—v.
luft, Harris-& Co., Inc., and Ryan,
Sutherland & Co., both of Toledo,
214s, at a price of
basis of about 2.21%. The
second highest bidder was Hayden, Miller & Co.; Field, Richards
jointly,
100.34,
as
a
Co.; Prescott, Hawley, Shepard
Ckn,~aiijcLFirst Cleveland Corp.,
Cleveland, jointly, for^2l/2s, at a
pace
of 100.34.
School
Wauseon Exempted Village
District, Ohio
Sale—The
Bond
con¬
7—
Feb.
offered
bonds
struction
$150,000
504—were awarded
Cleveland
Corp.,
171, p.
the
First
v.
offered
504—were
City,
31—
to
Co., both of Oklahoma
2s, at a price of 100.004,
as
basis of about
a
Jan.
awarded
Edwards, Inc., and the Small-
Milburn
Sale
to
of
Cleveland.
p.
O.
The
—
Minerva),
O. R.R. 3,
Ohio
$200,000 air¬
& Trust Co., and C. Edgar
Honnold, both of Oklahoma City,
jointly, on a bid reflecting a net
interest cost of about 1.70%.
The
First
Securities Co., of Kansas, Wichita,
on a bid reflecting
a net interest
bidder
was
cost of about 1.70%.
price
101.11,
of
2.13%.
OKLAHOMA
Caddo County
No.
12
(P. O.
interest
of about
cost
second
1.96%.
National Bank & Trust
homa
City,
on
a
The
was First
Co., Okla¬
bidder
highest
net
a
bid reflecting
a
Bonds
,
are
due from 1953 to 1962
Bond Offering
—
Troy H. Mas-
Clerk of the Board of Educa¬
tes, will receive sealed bids until
p.m. (CST) on Feb. 16 for the
purchase
of
$25,000
building
Clerk,
will
sealed bids until 7
bridge
1953
to
p.m.
bonds.
Due
Due from 1953 to 1960 in¬
wmds.
bonds
ing
Bank
&
Feb.
offered
First-
the
Trust
Co.,
City and Associates,
flecting
were
Oklahoma
of
on
bid
re¬
cost
of
a
interest
net
a
6
National
about 1.36%.
Indep.
Sch.
Dist.
nold, of Oklahoma City, at
of
as
100.02,
follows:
$25,000
v
l%s.
as
a
basis of about
a
price
1.87%,
.
Due from 1953 to
1957 inclusive.
15,000
as
2s.
24
1958
to
1960 inclusive.
Sale
purchased
by
a
Ackland.
(PST)
purchase
on
of
Feb.
$55,000
bonds. Dated April
$1,000.
April 1 from 1952 to 1962
on
inclusive.
the
sold al
a
v.
171, p.
price of 100.03,
basis of about 1.74%, as follows:
Dated
nation
terest
$5,500 road
offered Feb. 8
Citizens Bank,
West
Offering—John
District
sealed
Secretary,
bids until
Feb.
on
of Parsons.
Pittston, Sch. Dist., Pa.
Bond
16
$100,000
A.
will
p.m. (EST)
purchase of
coupon
bonds.
the
funding
Due
1961
Feb. 15 from 1952
on
inclusive.
by
Legality ap¬
Elliott &
Townsend,
RHODE
North
Bond
.
Kingstown, R.
—
sealed
trial
bids
in
Treas¬
the
of
care
or
Principal and interest
at the fiscal agency of
City, at the
option of the purchaser.
(EST)
Eugene,
Bond
Indus¬
F.
Bei-
sealed
bids
until
2
p.m.
Feb. 27 for the purchase
general obligation
water and electric utility bonds.
Dated April 1, 1950. Denomination
$1,000.
Due on April 1 from 1951
(PST)
of
on
$1,000,000
-
1970
interest
inclusive.
by
proved
Principal
and
(A-O) payable at the City
office.
Legality
Winfree,
Shuler & Sayre,
ap¬
McCulloch,
March
$1,000.
Due
bonds.
coupon
on
March 1 from
Principal
inclusive.
1970
interest
payable at
the Sec¬
ond National Bank, of Boston. Le¬
gality approved by Storey, Thorndike, Palmer & Dodge, of Boston.
SOUTH
CAROLINA
and
awarded
171,
p.
Lehman
to
$135,000
bonds
offered
403—were
N.
Jan.
awarded
$10,000
23—v.
to
school
171,
the
Tripp Co., of Portland,
6s.
Due
on
Feb. 1 from
to 1955 inclusive.
IV2S.
as
795,Uuu
Due
on
Feb. 1 in
from
1958
date
—
The
bonds
$155,000
offered on
awarded
were
to
a
son & Co., of Charlotte; RobinsonHumphrey Co.; Clement A. Evans
& Co., both of Atlanta; Andrews &
Wells, Inc., of New York, and
Frost Read & Simons, of Charles¬
ton,
of
at
price of 100.01, a
1.54%, as follows:
a
about
$85,000
as
from
30,000
1951
and
as
as
Due
on
Feb.
1
Due
on
Feb.
1
1956.
l%s.
Marion,
Due
on
Feb.
p.
tificates
Dickson
2y>s,
S.
1
Sold—An
has
&
been
sold
to
cer¬
R.
Co., of Charlotte, at
price of par.
of
S.
a
offered
403—were
Antonio,
Sch.
Dist.,
Feb.
2—v.
awarded
to
a
Corp. of
William
Texas, of San
Edwards &
N.
Co., Fort Worth, M. E. Allison &
Co., and Roe & Co., both of San
Antonio, jointly, at a price of
100.007, a basis of about 2.46%,
follows:
as
28,000
2y4s.
as
from
1951
Due
Due
1965
on
March 1
on
1972
to
March 1
inclusive.
1964
to
2y2s.
as
from
inclusive.
The
second
highest bidder
was
R. J.
Edwards, Inc., Shields & Co.,
Dewar, Robertson & Pancoast,
jointly, for 2y4s and 2y2s, at a
and
price
of
100.03,
basis of
a
about
2.40%.
Lubbock, Texas
Bond
bonds
Sale
offered
—
The
Feb.
Blyth
of
composed
$1,075,000
171, p.
syndicate
Co., C. F.
9—v.
403—were awarded to
&
a
Parsons
1958
to
1968 inclusive.
$525,000 street bonds: $182,000 as
2s, due on Feb. 15 from 1951
to 1961 inclusive, and $343,000
TEXAS
Birdville
Indep. Sch. Dist. (P. O.
Worth), Texas
2y4s, due
Fort
Bond
000
Sold—An
school
sold
to
house
Wm.
issue
of
bonds
$100,-
has
N.~ Edwards
been
550,000
Co.,
Worth, as 2y2s, 3s and 3y4s,
price of par.
Dated Jan. 15,
a
on
000
Feb. 15 from 1962
bonds: $194,000 as
Feb. 15 from 1951
inclusive,
1961
to
of Fort
at
sewer
2s, due
&
on
inclusive.
1975
to
due
2y4s,
as
and
$356,-
Feb;
on
1
from 1962 to 1975 inclusive.
1950.
Legality
approved
by
Dumas, Huguenin & Boothman, of
San
County (P.
Clute), Texas
ing
purchased
$110,000
improvement
bonds
refund¬
by
Eddle-
man-Pollock
Co., of Houston, as
3s, as previously noted in v. 171,
p. 504, were sold at a price of par.
Brownsville
Indep. Sch. Dist.,
Texas
Offering
—
E. C. Myers,
Secretary of the Board of Trus¬
tees, will receive sealed bids until
8
p.m.
(CST)
Feb. 14 for the
on
bonds.
Crandall,
Texas
Sold—An issue of $55,000
bonds has been sold to M A. HagBond
berg
&
Co.,
of Dallas,
as
4s,
lows:
$1,500,000 Series A bonds, at a
price of 100.005, a basis of
about 1.91%, as follows: $375,000 as' 3s, due on March 1
from 1951 to 1955 inclusive,
$525 000 as 2s, due on March
1 from 1956 to 1962 inclusive,
as
30,000 water
works
improvement
sewer
Dec.
and
revenue
15,
1949.
sewer
bonds.
Legality
County
Fresh
Sale
system
par,
as
follows:
$18,000
as
3y2s,
1970
2s, due on March 1 from 1956
1962 inclusive, and $944,000 as l 34s. due on March 1
from 1963 to 1970 inclusive.
to
Van
bonds
Co., of Houston, and the First
of Texas Corp.. of San Antonio,
jointly, as previously noted in v.
171, p. 504, were sold at a price of
to
3s, due on March 1 from 1951
1955 inclusive; $821,000 as
$150,-
lok
l3/4s, due on
1963
to
Water
Details—The
works
as
from
2,350,000 Series B bonds, at a
price of par a basis of about
1.91%, as follows: $585,000 as
Supply District No. 14 (P. O.
Houston), Texas
water
1
inclusive.
Crowe, of Dallas.
Bond
$600,000
March
and
improvement bonds.
Dated
bonds
and
works
street and
offered Feb. 9—v.
171, p. 504—were awarded to a
syndicate composed of Goldman,
Sachs &
Co., Stone & Webster
Securities Corp., Shields & Co.,
Lee Higginson Corp., Wm. E. Pol¬
lock & Co., all of New York, Mc¬
Donald & Co., of Cleveland, Piper,
Jaffray & Hopwood, of Minne¬
apolis, First of Texas Corp., of
San
Antonio,
and
McDonald,
Moore & Co., of Detroit, as fol¬
follows:
$25,000 water
Texas
state-aid-highways,
bridge
Bond Sale Details—The
permanent
or
O.
Antonio,
Sale—The $3,850,000 state
Bond
Vleck
Sch.
purchased by the Eddleman-Polissue
Indep.
Corp.; Hemphill, Noyes,
Childs &
Co., both of Chicago,
& Co.; L.
F.
Boettcher & Co., of Denver, Mil¬
Rothschild & Co.; Laidlaw & Co.,
Co., of Detroit,
and G. C. Haas & Co., all of New ler, Kenower &
Wheelock
&
Cummins, of Des
York, at a price of 100.16, a basis
Moines, First of Texas Corp., of
of about 1.63%, as follows:
San Antonio, and the R. J. Ed¬
$448,000 as 2V2s. Due on Sept. 1
wards, Inc., of Oklahoma City, at
from 1950 to 1957 inclusive.
a price of 100.01, a basis of about
785,000 as iy2s. Due on Sept. 1 2.11%, as follows:
Graham,
000
C.
$40,000 2% paving assessment
Chas.
& Trust Co.,
at the Chemical Bank
Securities
Harrison
in
Con.
bonds
p.
curities
approved by McCall, Parkhurst &
1954 inclusive.
to
iy2s.
as
1955
40,000
lV4s.
basis
gen¬
Bank
1974 inclusive.
to
Sale
protection
1
Feb.
on
purposes,
group composed of Columbian Se¬
Denomi¬
1950.
purchase of $750,000 school house
Due
zs.
as
Additional
fire
1,
$1,233,000 school
construction and improvement re¬
funding bonds offered Feb. 7—v.
171, p. 403—were awarded to a
syndicate composed of the Union
Bond
1956 and 1957.
Certificates
(P. O. Riley), Ore.
Sale—The
as
1951
70,000
Harney County Sch. Dist. No. 10
Bond
follows:
as
revenue
Texas
$376,000
Brazoria
8—v.
Feb.
sewer
obligation bonds.
Levelland
Dallas.
Merrill Lynch, Pierce,
Fenner
& Beane;
R. W. Pressprich & Co., and Kean, Taylor &
Co., all of New York, jointly, at a
price of par, a basis of about
2.11%,
improvement
April 1 from
Nashville, Tenn.
$1,000,000 water
sewerage
extension
offered
$1,270,000
follows:
as
570,000 various
Bond Sale—The
Bond Sale—The
works
on
Co., New York City. Le¬
gality approved by Wood, King &
Dawson, of New York City.
1950. Denomina¬
1,
from 1957 to 1959 inclusive.
of Portland.
or
March
on
of
bonds.
Feb. 13 for the purchase
on
to
April
Trust
from
syndicate composed of R. S. Dick¬
stel, City Recorder-Treasurer, will
receive
&
Co., Ill Westminster
Providence, until. 1 p.m.
$250,000 school
Dated
above
Ore.
Offering—Henry
Memphis,
Trust
Street,
and
I.
Town
O. N. Middleton, will receive
urer,
of
ISLAND
Offering
on
$1,000.
Principal and in¬
payable at the Union Plant¬
National
ers
Hall,
Dated Feb. 15, 1950. Denomination
$1,000.
Due
April
receive
7:30
for
inclusive.
1980 inclusive.
sewer
bonds.
O.
machinery bonds
171, p. 504—were awarded to
payable at the County Treasurer's
office,
the
previously r/;ted in
were
L.
15
will receive sealed
Denomination
1950.
1,
Due
First National Bank, of Chickasha,
as
the
Treasurer's
Details—The $32,000
building bonds
403,
for
school coupon
to
Due from
Grady County Indep. Sch. Dist.
No. 51 (P. O. Ninnekah), Okla.
Bond
Offering—D.
bids until 7:30 p.m.
(P. O. Leedy), Okla.
$40,000 building
transportation equipm't bonds
offered Feb. 17—v. 171, p. 599—
were
awarded to C. Edgar Hon-
(P.
The
—
to
1980 inclusive.
1,400,000
(CST)
$700,000 sanitary
171,
library
bonds.
April 1 from 1951 to
on
Texas
purchase
bonds, divided
April 1
on
1951 to 1980 inclusive.
Township
Sale
Due
Burgwin,
Hazlett, of
Brothers;
Bond Sale—The
and
by
&
—v.
the State in New York
Dewey County
No. 3
Lake
504—were
Douglas County Sch. Dist. No.
(P. O. Days Creek), Ore.
Bond
awarded: to
approved
Churchill, Ruffin
Pittsburgh.
bonds
OREGON
District Clerk,
Indep. Sch. Dist.
No. 19 (P. O. Ardmore), Okla.
Bond Sale—The $190,000 build¬
gality
the
for
house
150,000 public
1970 inclusive. Le¬
and
par
Offering—James Haynes,
City Secretary, will receive sealed
depart¬
police
from 1951 to
1
at
Bond Sale—The $650,000 school
and
625,000 park bonds. Due
coupon
Florence, S. C.
1953 to 1957 inclusive.
clusive.
Carter County
construction
thereafter
April 1 from 1951 to 1980
500,000 fire
Dated March 1, 1950.
De¬
nomination $1,000.
Due on March
1951 to
and
Due
in
order, on May
interest pay¬
interest.
eral
improvement
optional
are
any
Bond
of
divided
bonds,
coupon
on
date
accrued
follows:
on
bonds.
1 from
(CST)
grade separation bonds.
Feb. 13 for the purchase
on
$500,000
receive
purchase
1980
1963 inclusive.
ny,
the
1951
from
5,000 sewer extension and im¬
provement bonds. Due from
for
from
1951
Offering—Josephine Den-
City
ney,
7
will
Due
(EST)
ment
1974,
or
4s, due
as
1974 inclu¬
bonds maturing
numerical
1964,
1,
1
Tobey,
2:30 p.m.
bonds.
of
to
inverse
said
bids until 2 p.m.
T.
ment
tion
Waurika, Okla.
Bond
bids until
$500,000 street
$96,000
bid reflecting
on a
Comptroller,
March
1965
of
Laredo,
Tenn.
Offering—F.
receive sealed bids until 7:30
p.m.
build¬
ing bonds offered Feb. 7—v. 171,
p. 599—were awarded to the First
Securities
Co.
of
Kansas,
of
$22,500
Indep. Sch. Dist.
Hintoh), Okla.
City
All
inclusive.
Memphis,
Bond
$3,175,000
Munson, of Philadelphia.
(P. O. Guymon), Okla.
Sale—The
Wichita,
Jan. 1 from
on
in
inclusive.
1
receive
(CST) on
about
Feb. 14 for the purchase of $27,500 bonds, divided as follows:
basis of
a
&
Amy V. Mc¬
—
proved
No.
1966
to
purchase of
Dated
bonds.
Legality approved by Chapman
Cutler, of Chicago.
Avenue,
2),
County Dependent Sch. Dist.
Bond
the
hospital
(CST)
p.m.
Clelland, District Secretary, will
to
Sale—The $210,000 build¬
Pond
after
or
Harvey's Lake), Pa.
599—were awarded to Evan L.
Texas
Dickson
Offering
Bond
inclusive.
ing bonds offered Feb. 6—v. 171,
}*uiie 504—were awarded to Otis
Co., of'Cleveland, as 2y4S, at a
1953
Pennsylvania
Davis, of Tulsa, the First National
highest
for
1
1, 1950. Due
Avon, Pittsburgh
Bond
1.99%.
net interest cost of about 1.97%.
West Local Sch. Dist. (P.
Jan.
until
27
$160,000
sealed
200
Ben
Bank
second
bids
Feb.
on
as
McAlester, Okla.
Bond
provement bonds offered on Feb.
on
PENNSYLVANIA
im¬
The $102,000 con¬
—
bonds
p.
Offering—Harold Blount,
sealed
coupon
(P.
$52,000
port bonds offered Feb. 8—v. 171,
Ohio
T.
bids until 8 pm, (PST) on Feb. 13
for the purchase of
$105,000 water
was
County Indep. Sch. Dist.
(P. O. Buffalo), Okla.
struction
Alliance.
Stow Local Sch. Dist.,
g—George
Bank, Willow, for iy4s.
Sale
Principal and interest (J-D) pay¬
able
at the
Alliance First
Na¬
tional Bank,
Bond
sive.
55
May 1 from 1952 to 1959
on
inclusive, and $132,000
on May 1 from 1960 to
County Court Clerk, will receive
Walker, Secretary of the Board of
Commissioners, will receive sealed
Guymon, Okla.
Bond
Harper
p.m.
O.
Avonworth Unicn School District
Emmons,
receive sealed bids until 7:30
will
(P.
Ore.
n
on
payable, at the Vil¬ provement bonds offered Feb. 8—
lage Treasurer's office.
Legality v. 171, p. 599—were awarded to
&
approved by Peek, Shaffer & Wil¬ Calvert
Canfield,
and
the
Small-Milburn Co., both of Okla¬
liams, of Cincinnati.
homa City, jointly.
Smith Local School District (P. O.
4, Alliance), Ohio
i
e r
July 1, 1961.
i irst State
due
County (P. O.
Savannah), Tenn.
Menlo Park
District
Portland),
Bond
terest
Offering—Rhea
TENNESSEE
Bonds maturing on and after
July
1, 1961, shall be callable at par on
1955.
15, 1050. Denomination
000.
D'Je 01 Dot, 15 from 1051 to
1916 iriclum'.
Ptincipnl and in¬
R. D.
of
Hardin
Feb.
Bond
basis
a
(703)
July 1 from 1952 to 1970 inclusive.
Feb.
follows:
$2,000
100.45,
Inc., of Oklahoma
Edwards
as
of
CHRONICLE
to
504—were
171, p.
FINANCIAL
bonds. Dated April 1, 1950.
Denomination
$1,000.
Due
on
bonds offered
v.
City,
The $6,000 trans¬
—
price
a
on
County Dependent Sch. Dist.
5 (P. O. Mangum), Okla.
No.
&
about 2.34%.
1963
2s, due
as
at
Feb. 1 from 1964 to 1967 inclusive.
Village Clerk, will receive sealed
bids until noon (EST) on Feb. 22
for
Feb. 1 from
on
inclusive;
R.
price of 100.33.
due on Feb. 1
inclusive; $6,000
inclusive, and $8,000
sec¬
was
& Co., Inc., for
Bosworth
a
$70,000
offered
503—were
basis of
a
The
—
bonds
171, p.
v.
iy4s,
as
from 1952 to 1956s
as
St. Clairsville Local Sch. Dist., Ohio
struction
$10,000
COMMERCIAL
Bonds
Independent
Dist.,
Texas
Sold—An issue of
$200,-
building
refunding
bonds has been sold to Moroney,
Beissner
^^^uston, and
Dittmar & Co., of San Antonio,
000
school
FINANCIAL
&
COMMERCIAL
THE
(704)
56
jointly, at a price of 100.09, a basis
of about 2.08%, as follows:
Stubbs, of Boston, Stern Bros. &
Due on Feb.
$145^000
&
1, 1950.
Inc., as 2VsS. Dated Feb.
Co., of Kansas City, Dean Witter
as 2s.
Due on March 1
from 1951 to 1961 inclusive.
£5,000
March 1,
Due on
2s.
as
1962.
March
Dated
1950. Denomi¬
1,
SI,000. Principal and in¬
terest (M-S) payable at the City
national Bank of Houston. Le¬
nation
kins
El-
approved
gality
by
Vinson,
Weems,
of
Houston.
&
Co.,
Francisco, King,
San
of
Co., both
York, Walter Stokes &
bentures,
of
funds of
Bosworth, applied
Philadelphia,
of
Co.,
of Denver, Waldo
Sullivan & Co.,
Tripp
March
York, as
The
basis of
2%s, at a price of 98.91, a
Waco
Sch.
Indep.
Bond
Offering
about 2.30%.
CANADA
bids until
(CST) on March 1 for
the purchase of $2,000,000 school
bouse 1950 bonds. Dated April 1,
1950.
Denomination $1,000. Due
The
payable
the Citizens National
at
Bank of Waco.
at
Seattle, Wash.
Bond Sale—The
$15,000,000 mu¬
nicipal light and power revenue,
Series
Feb.
—
6
awarded to
of Blyth
171, p. 404
v.
a
Boston Corp.,
Co.,
&
Paine,
& Co.,
Marshall,
Robert
Seattle,
of
Baird & Co., of Milwaukee,
of Michigan Corporation,
W.
First
Wm. E.
Pollock & Co., both of New York,
Braund,
Bosworth
Richards
Field,
Co.,
&
&
Inc.,
jointly,
Whiting,
Weeks
—
has
were
the
rather
market
involve
which, would
such
at
a
United
of
purchase
premium.
new
debentures has been ob¬
tained from the Foreign
The
+ 185
179
197
231
1200
180
229
173
1173
179
171
1131
141
156
1128
141
151
value—
contracts,
1267
265
180
1217
240
145
1259
256
145
1220
245
123
Ail other
+274
273
209
1214
235
164
+ 140.9
139.8
146.2
1144.2
141.1
149.5
tl38.7
136.1
152.1
1140,2
137.4
153.5
$329.6
313.5
360.7
Total
_
Employment—
Nonagrlcultural
Total factory
Factory payrolls, total
Freight
■
—
not
both of
Toronto, jointly, as
yet available.
15 from
debentures,
"Consolidated
upon
Revenue
become
and
ince)
Fund"
available
durable
manufactures,
Factory
employment
by Bureau of
index,
without
a
syndicate
of
the
to
$15,000,000
has
stated, how¬
that, subject to the approval
ever,
composed
Co.;
make
Legislature, it is intended
the
sinking fund
or
the
and
and
of the
sion
the
of
which
& Co., Province,
meet
Dominion
in
would
is
the
expected
to
legislation
1950,
permit
of
this
to
Dec.
198
107
212
239
137
254
Open hearth
194
105
194
194
105
Electric
557
359
632
557
359
Machinery
t226
217
277
Transportation equipment
1218
206
*
170
1171
163
134
1171
163
184
169
147
183
1186
170
183
143
1140
144
132
Automobiles (incl. parts)
metals and
Nonferrous
products
and refining
Lumber and products
tl85
1152
Smelting
and
139
131
+ 126
134
113
1G3
168
1167
163
168
183
205
1179
188
199
191
212
187
206
193
147
174
138
340
173
+ 154
153
178
156
1171
174
156
114
134
138
114
317
345
340
317
160
151
160
151
*
"
100
*
99
99
103
<■
95
102
*•
105
114
*
78
textiles
*
97
92
101
kip
leathers
*
77
kid
leathers
41
80
82
*
86
87
products
Tanning
hide leathers
Cattle
and
Calf
and
lamb
and
leathers—
veg—
Pnnprbnard
»
101
97
159
358
1153
162
153
128
1105
111
127
157
tl63
tl21
154
167
131
3 54
186
172
181
164
11S1
174
161
142
194
121
111
177
153
1166
177
153
210
167
193
210
94
tl60
152
t213
+180
+187
94
160
153
204
100
92
95
98
154
1163
167
158
148
159
167
155
1213
204.
179
1180
177
179
182
204
*
182
102
1187
*
102
184
104
176
*
*
104
17P
+58
23
466
158
23
466
+245
243
257
1249
247
258
U37
142
148
1138
141
317
311
1335
317
311
+425
418
450
1425
418
450
+192
195
200
1192
195
200
+136
152
164
1136
152
164
95
130
137
95
130
137
coal
103
133
145
103
133
145
63
117
103
63
117
103
Crude petroleum
+157
163
177
1157
163
177
+101
74
110
177
75
77
164
54
93
—
By-product
rppmvp
Investment
Investors look to
+335
Rayon
company.
products
Rubber
Fuels
Coal
We
if*:*
Secretary
have
a
metal stencil
Department
graph
m
Mi
;
for
in
our
Addresso¬
Bituminous
investment
every
Anthracite
banking and brokerage firm in the country,
alphabetically
arranged
States
by
Metals
and
Iron
Cities, and within the Cities by firm names.
in
Bank
the
the
association
notified
the
to
present
of
of
claims
for
service
up-to-the-minute
steel group index for
the fact that in these
output of pig iron as<f
steel ingots and changes in iron and steel fabricating activities, which are usually
represented by output of pig iron and rteel. If computed by the usual method, the
total index of industrial production would be 3 points lower in November and 2 points
higher in December, and the indexes for manufacturers, durable manufactures, and
Our charge
available.
months
for addressing envelopes for the
hereby
payment
to
complete list
(United States
or
Canada) is
BUNNELL.
December
9,
Hurlbut
at
National
Winsted,
in
Bank
the
necticut, is closing its affairs.
of
the
steel
changed
of
can
also supply
(1935-39
F.
McARDLE,
Liquidating Agent,
Dated December
9,
on
gummed roll
small additional charee.
Security
Dealers of North
America
product#
Miscellaneous
Merchandise.
25 Park
P'
RErtor 2-9570
New York '
152
72
75
100)
131
97
131
131
192
155
96
[202
123
149
138
147
—
LcJ.
85
69
95
82
137
139
119
135
123
42
[187
45
51
[58
127
119
146
120
124
139
52
—
Ore
54
62
50
55
60
[Revised.
miscellaneous indexes to points in total Index, shown
Book, multiply coal by .213 and miscellaneous by .548*
NOTE—To convert coal and
1949.
iron and
146
Forest
r
96
134
Livestock
wisher*
[131
131
Grain
Herbert 0. Seibert & Co., Inc
average
97
148
-
Coke
All creditors
to
EDWARD
a
the list
Coal
Con¬
association
the
accordingly.
within 24 hours.
completed
Winsted,
are
therefore
hereby
present claims for payment to
undersigned at said bank.
notified
the
of
State
to
thousand
addressing
labels at
The
located
made
been
FREIGHT CARLOADINGS
All
We
1949.
have
December 1949.
The adjustments allow for
there were marked divergences between changes in
and
iron
$5.00 per
Liquidating Agent.
Dated
148
and
undersigned at said bank.
CLARENCE H.
.
*Data not yet available.
adjustments
[Special
Con¬
All creditors
therefore
are
most
Winsted
State
—
November
LIQUIDATION NOTICES
National
ore
tPreliminary.
This list is revised daily and offers you the
Winsted,
.
Paints
Addressograph Service
B. C. REYNOLDS
at
y
184
MINERALS
February 11,1950.
First
.
Chemical products
Industrial chemicals
stockholders of record
The
231
231
|
located
167
204
clared
necticut, is closing its affairs.
97
101
177
payable March 1, 1950 to
of
publishing
consumption
and coal products—
and
i
your
-62
193
and
fruits
Processed
foods
Paper and products
on
83
91
1165
manufactured
•
83
77
&
110
*
Coke
information
89
tl56
Fuel oil
for
114
1106
flour
|
them
208
6
consumption
Board of Directors de-
value),
176
tl50
1171
134
345
products
Rayon deliveries
Leather
*
208
246
206
Clay products
Wool
682
206
tl84
Cement
Textiles
7218
tl45
...
clay & glass products
Stone,
194
Wf'
tl67
Lumber
:
Country.
1948
Dec.
223
198
Gasoline
the
Adjustment
Nov.
254
Newsprint
of
Dec.
212
Printing
Houses
Dec.
223
Other
Annual Report to the
Nov,
•1949
137
Meatpacking
Mail your
Without
Seasonal
1943
144
Sheep
|
100)
107
Goat
ANN 19 A Si
—
239
Steel
Petroleum
par
index
198
steel
»' Pig Iron
|
($10
payrolls
198
and
[Iron
February 1, 1950, the
Stock
and
144
Newsprint-^
j
minerals
multiply
PRODUCTION
1919
be
'{■M
m
adjustment,
Seasonal Variation
done.
Weir,
Young,
early
which
Legislature
PACIFIC
j
manufactures, and
Chart Book,
Adjusted for
Cotton
Corp.; Wood, Gundy &
McLeod,
introduce at the next ses¬
to
FINANCE CORPORATION
per
seasonal
(1935-39 average
Furniture
Smith, Barney
Harriman Ripley
INDUSTRIAL
Wheat
the Common
nondurable
L..bor Statistics.
Shoes
on
[Revised.
contract indexes based
on
3-month moving averages, centered at
month, of F. W. Dodge data for 37 Eastern States,
To convert indexes to
figures, shown in Federal Reserve Chart Book, multply total by $410,269,000,
residential by $184,137,000 and all other by $226,132,000.
Manufactured food products
share
259
288
^Estimated.
Construction
for
Premier
The
purposes.
the Province
of
Quebec (Province of)
Co.,
dividend of 40 cents
305
273
second
k
QUEBEC
Securities
;
495
«
total index, shown in Federal Reserve
durable by .379, nondurable by .469, and minerals by .152.
their
(the general funds of the Prov¬
1951 to 1970 inclu¬
Inc.; A. E. Ames & Co.;
;
128
339
tFreliminary.
MANUFACTURES
sive.
to
regular quarterly
[120
1480
NOTE—Production, carloadings, and department store rales indexes based on dally
averages.
To convert
indexes to points in
sinking fund available for
2%
general
&
a
107
302
'
«
sinking fund, would revert to the
Due on
3%s, at a price of 100.95.
First Boston Corp.;
On
337
276
+293
Department store stocks, value__
'
[117
115
carloadings
Department store sales, value
Exchange
provincial debentures offered Feb. proceeds thereof available for the
7—v. 171, p. 504—were awarded payment of the new debentures,
DIVIDEND NOTICE
190
177
payment without recourse to the
& Co.,
3s and
Co., Inc., and A. E. Ames
Feb.
20
awarded to Wood, Gundy &
Debenture Sale—The
of California
173
Residential
being in the best
requisite permission to issue
The $169,150 im¬
provement bonds offered Jan.
&
DIVIDEND NOTICE
+ 176
value
Ont.
Tillsonburg,
Hawley, Shepard & Co., both of
Cleveland,
Dec.
180
compiled
Bond Sale
Prescott,
Co.,
it
the sinking fund to
dollars
States
The
the
Republic Co., of Chicago, Foster &
199
1943
Nov.
Control Board of Canada.
Stone
all of New York, Central
192
Dec.
1174
payment of the maturing de¬
bentures
inclusive.
Webber,
Jackson & Curtis, Hayden,
173
1949
Dec.
1202
Minerals
bought, is
dollars,
States
substantial
1951 to 1970
Due from
3V4s.
Nov.
+ 186
*Data
&
awarded to J. L. Graham
& Co., all of Toronto,
United
the
Mur¬
as
Seasonal Adjustment
1948
Nondurable
United
the
be
may
than to apply
Jan. 23
provement bonds offered
ray
i
Total
current offi¬
the
which
at
refunding issue of debentures in
a
the
Ont.
The $750,000 im¬
—
]
series.
Without
+173
Total
30
clough & Co., and Cochran,
both of
that
fact
rate
been decided, as
inclusive.
New Toronto,
Bond Sale
June
on
& Co.,
delphia, C. J. Devine & Co., F. S.
Moseley
Due
2.40%.
other
Durable
In view
interests of the Province, to make
Fair-
Drexel & Co., of Phila¬
New York,
cial
basis of
a
Co., Burns Bros. & Denton,
Kidder, Peabody & Co.,
the
of
Canadian
101.63,
all
178
in
holder,
the
of
option
1.10%
of
Dec.
production—
Total
of
money
lawful money of Canada.
of Toronto, as 2%s,
from 1950 to 1959
were
100 for
—
1949
States of America, or,
dollar
price
a
payrolls;
Seasonal Variation
refunded
lawful
States
Harriman Ripley &
Smith, Barney
Inc.,
Co.,
syndicate composed
& Co., of Seattle, First
in
Co., and the Bank of To¬
both
about
were
—
im¬
awarded to McLeod, Young,
bonds offered
1948
LL-1,
the
at
Sale—The $1,475,000
provement bonds offered Jan. 17
ronto,
and
100 for construction contracts;
=
average
an
Construction
were
(
factory employment
Adjusted ior
Industrial
be
debentures to
the United
London, Ont.
Weir &
WASHINGTON
had
refunded
em*
Manufactures—
ONTARIO
Bond
average —100
1935-39
;
System issued
production, factory
business indexes
1939
1923-25 average
be
to
Reserve
follow:
year ago,
debentures due March
payable
are
on
a
1950.
2%
1950
month and
maturing
1945
Federal
The indexes for December together with
available sinking fund as of Nov.
p.m.
April 1 from 1951 to 1970 in¬
clusive.
Principal
and
interest
1,
1,
ployment and payrolls, etc.
a
the
of
Jan. 27 its monthly indexes of industrial
on
debentures
30, 1949, of $14,888,311.
Trus¬
of
tees, will receive sealed
7:30
1,
Foster,
Neil
Board
the
of
President
Texas
Dist.,
—
to the payment at matur¬
March
dated
Portland, and
of
Co.,
Goodbody & Co., of New
Province, are to be
ity of $15,000,000 2%
Hemphill & Co., of Seattle, Chas.
N.
the
other
Board of Governors
The
of de¬
with
together
Monday, February 13, 1950
Federal Reserve December Business Index
1955.
The proceeds of the sale
Quirk & Co., Freeman &
New
1,
CHRONICLE
in
Federal
Reserve
Chart
@FedFRASER