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BfJ$. ADM. library MONDAY ISSUE fES 2 0 The Commercial Financial an a Chronicle Reg. U. S. Pat. Office Volume 171 Number 4883 New General RAILROAD Acme Steel INDUSTRIAL - INSURANCE - sales Federal Zanesville $9,076,538 $50,494,596 6,100,447 2,318,170 4,349,000 ' $3,782,277 $7,311,529 _ income--- on A In This Issue income income •Based Carl the Sharp, President, and January, 1949, month and beyond our caps of peak 1948 record 1949."—V. All $3.68 $1.90 announced: 10 "Sales for De¬ 170, American than able were we do to New York 2433. p. The company ■stockholders an shares of share of 14 The United Stock Exchange filed notification of letter a share (ne National stock All of Los with the SEC to be offered Atlanta, Ga., on Exchange preferred American for 29 Stock Mass.—Earnings— Profit before taxes and Montreal Exchange $670,849 Montreal 1947 1948 1949 $671,856 270,000 270.000 $2,039,282 875,000 "CrlQO.OOO —~— 475,000 $500,849 $401,856 $1.56 Curb $689,283 $1.95 Stock $2.70 reserves Toronto above.—V. 171, Ended ore 10. Held by Atlas Corp. to Be 461. p. will company mature serially in 1, equipment costing not diesel 32 bids to be issued under equal road --32 and ending on 1950, locomotives. State addition Net Net Income '■Earnings •Net and to Federal inventory after taxes__ reserve All bids must be submitted addressed and to M. F. Stokes, President, 5, 111., at reserves share— per reduction in — inventory reserves.—V. 170, 32 at Room Toronto Stock Exchange—Curb Section 33 or before Over-the-Counter for Prov. 36 p^. 650. Transactions New York Stock Exchange 28 (The) Bond Fund of Boston, Inc.—Registers With SEC Transactions New York Curb Exchange Stock and Bond Averages (Dow-Jones) 28 1489. p. The SEC Feb. on to company Appalachian As 9 consideration the announced purchase Electric issuance 6,500,000 Power shares of of stock common ;■■■ of therefor, would American CONSOLIDATED Period End. Dec. 31— INCOME $ Subsidiaries Oper. General Corporation The Course of Bank New $ $ $ 13,414,704 149,477.875 145,017,576 10,273,616 deduct— revenue 10,394,362 114,977,332 113,342,624 Dividend Foreign Offerings— 37 income 3,086,789 Total 3,020.341 34,500.542 31,674,951 3,216,765 3,117,235 35,548,326 33,166,636 970,526 __ income 1,021,624 11.863.041 Rates Bal. earned by Divs. A. G. & with Subs.)—Assets and ".,:s sheet $4,668,191 is Liab. : of as and the Underwriter 106. Nov. 30, current 1949 shows liabilities of 1949 1948 1947 from NOT 17,272,752) STATED $3,108,287 $5,070,551 $5,571,478 $4,502,679 87,401 97,361 74,673 71,799 taxes $5,157,952 $5,668,839 $4,577,352 $3,180,086 1,905,000 285,000 2,065,000 taxes $2,967,952 $3,288,839 $2,637,352 $1,870,086 1,634,317 1,634,317 1,485,743 1,337,168 $4.99 $5.53 $4.44 $3.15 oper income 1946 $21,775,431) (net) 38 Banks Total profit bef. of Fed. System taxes income Wisconsin _38 income of Net com¬ on (owned E. Co.) 2,246,239 2.095.611 23,685.285 4,728,949 2,592,793 17,609.213 American Telephone & Telegraph 20,820,808 14,358,425 net subs, profit Dividends paid Period End. Dec. 31— 1,680,0001 315,000 con.sol.-_ XJndistrib. net income above Total *2,482,709 497,182 6,076,073 6,462,383 Uncol. ' ■ ' — *2.482,709 497.182 6,076,073 6,462,383 4,764,370 2,706,331 18,120,607 2,209,169 24,196,680 22,014,443 Oper. Oper. — and expe. tions TEst. (parent Fed. deduc¬ Net 358,418 tax. 2,029.693 265,514 Cj161,500 Consol. (adjusted) pfd. on 200,000) 1,310,000 (parent shares Earnings 20,068,219 720.209 60.017 720,209 tOn as 21,445.773 19,348,009 — 4,980.818 4,482,737 outstanding share. undistributed dividends by $4.31 income net parent of subsidiaries company.—V. 171, p. $4.32 expected to be of sales of sales— Sell., gen. 1949 admin, for future until rising sharply realized com. from stk in this period tRaw and $548,621 $0.59 leather were large part of the gross profit was inventories.—V. 170, p. 2014. a of low-priced Murray Attorney A. for and Schultz A. and that 1950, to buy the of In Atlas stock common proven and of was stock to to this receive Sunray cash the all company that in Barnsdall, which outstanding stock of that total addition from of indicated negotiations R. Shinn George C. of Los Hooper Jackson, of San Francicso. Angeles: Barry, all the corporation is Julian Palmer Beek of San Francisco. and cussions which of oil at and gas at Eastman# Dillon behalf on their $0.79 prices of San Francisco and Los Angeles business men on Feb. 3 filed articles of incorporation in Sacramento, Calif., for the formation of this company, which is incorporating for $2,500,000 with 1,250,000 shares, par $2 each. Among the incorporators of the company are Stapper 40% share. block or price, the an¬ right, good optional any $12 per part of 750,000 share. a cost far less than the discounts, tlncluding SHEET, DEC. U. S. (less first-out) at 204,443 31,592 1,192,593 1,256,035 3,467,663 lower of of life (first-in, cost insurance insurance premiums, and equipment Patterns, tools, dies, etc. (at 154,518 etc 148,676 30,168 fixed 22,688 2,553,661 2,292,376 50,000 50,000 amount) Patents, trademarks, etc. (at nominal amount) 1 1 $10,521,965 $9,354,464 $671,459 627,284 $825,295 291,471 — Total 11,417 at cost $10,000)— market value $2,074,016 11,417 2,964,709 of reserve priced or surrender 1948 $3,360,455 at cost Treasury notes, tax series, Inventories, Cash general 1949 securities, Receivables selling, 31 ; Marektable 320,042 services of Sunray used by & Co., and Atlas participated Lehman in actively Brothers certain phases were of LIABILITIES— Accounts Accrued payable - liabilities 'Provision Provision for for Federal income Wisconsin income taxes, 300,000 300 000 j 8,701,641 7,368^006 Dr69,890 Dr69,890 $10,521,965 $9,354,464 . Treasury stock, 5,694 shares, Total 611,011 ' taxes Capital stock, without par value (issued, 599,992 shares, at stated value) Earned surplus cost the group H. per stated 1, for Atlas' sale. $431,624 and stock and expenses. ASSETS— Oil Odium, in discussing (his transaction, pointed out that Sunray, this purchase, is in a position to add substanitally to its reserves of American Northland Oil Co.—Organized— Edgar Sunray 797,231 $0.43 .— dividends. the sale price than $56 Representatives $331,467 sh. of preferred that 418,627 — per ♦After of cash more is Dec. shares by U947 inventory price profit •Earns, to nouncement sulted Net li Feb. 264.544 etc 417,112 taxes—,—203,157 declines announced 385,250 7,614,988 — Reserved President, Mr. $8,370,022 $12,007,536 7,288.605 9,490,932 exp., income Oil would be to it of duplicating said reserves through the process of leasing, drilling, discovery and development. He added that the ob¬ taining of the option to buy a large block of Sunray common stock was an important consideration in inducing Atlas to agree to this 1943 $8,566,725 __ for Barnsdall 752,125 leather Reserved agreed company, 649. American Hide & Leather Co.—Earnings— Six Months Ended Dec. 31— Odium, allowances Cash Unexpired has agreed to purchase from Atlas the latter's holdings of the capital stock of the Barnsdall Oil Co., for a sum exceeding $42,000,000. amounts 1,883,637 2,024,725 2,248,885 28,1^0,122 32,130,859 55,506,798 228,003,399 207.617,760 66,430,425 Corp.—Sells B. returns, Corp. The for common per ♦Loss. received 22,166,987 Floyd stock common Common 1,943,655 60,017 2,925,359 . shs.) BALANCE 820,464 Holdings to Sunray Oil Corp.—To Receive Option to Buy Sunray Stock— consolidated system earnings 997,899 ___ stock co.) Adjusted inc. charges. sh. (based com. administrative TPlant i 2,084,742 — and $ 171, p. 554. 1,943,225 system net in¬ come 2,746,299 oper. Atlas Dividends $ 20,188,980 221,352,431 227,583,305 15,299,002 164,770,196 162,773,208 2,641,093 28.442,1)3 32,679,238 13,860,828 taxes after —V. co.)_„ income "'Less 1949—12 Mos.—1948 55,998 19,532,486 revs. com. 20,244,978 222,350,330 228,403,769 109,751 rev expenses Net Total Total 19,642,237 15,552,061 2,281,660 parent co oper. Oper. as ——— inc. 1949—Month—1948 revenues— Operating on 594,298 ____ Co.—Earnings— $ income Avierican Gas & Elec. Co. and Subs. Covsol.— A statement stock. p. $23,530,258 $24,046,522 18,459,707 18,475,044 sales Profit 12,345,829 __ stocks.— com. on Undistrib. „ (& balance to 171, 743. p. sales of Other Earn, for stocks mon Cost tCost of Federal — Reserve Gross 38 Banks Federal capital Chicago 1950.—V. deductions includ, preferred dividends Net amounting Years End. Dec. 31— * 38 Combined Condition Statement Reserve par Mass.—V. 169, v' assets St., 23, registration a $1 Polk Feb. on Briggs & Stratton Corp.—Annual Report— -41 Clearings Condition Statement of Member Operating Gross * West filed of Manufacturing Co. f current Announcements Exchange 10 shares The condensed consolidated Redemption Calls and Sinking Fund Notices__38 1949—12 Mos.—1943 Feb. on 100,000 47 (CST) noon, & Investment News_Cover State and City Bond common 13,360,405 — corporation covering Boss v■ /■ o'clock 12:00 $765,768 —V. 167, Consol— revenues 1V .v. Miscellaneous Features ACCOUNT 1949—Month—1943 • Operating ' in $3,000,000 pay holdings ot 6,000,000 shares of Appalachian's exchange for 600,000 shares of new cotpmon stock.- in ■-"y, Dearborn Station, 211, Vance, Sanders & Co., Boston, decision authorizing a new present stock The SEC 27 Co. cash And Appalachian would cancel $15,000,000 of open account advances to it by American during 1949. In addition, and under a pro¬ posed charter amendment by Appalachian, American would surrender its Markets National Quotation Industrial Stock Averages_27 American Gas & Electric Co.—Stk. Purchase Approved this Exchange— $2,368,053 $2,203,266 — for the purchase of $2,832,000 of an Equipment Trust to semi-annual installments beginning on April 1, 1962; to be secured by new rail¬ less than $2,952,915, consisting of 20 new receive 24 Oct. Exchange 1949 1950 28— Jan. 190. p. equipment trust certificates 30 Exchange Stock the new $5,000,000 announced on Feb. was — 171, The Exchange_____30 San Francisco Stock Exchange Allied Kid Co., Boston, Six Months Ended Dec. 31— it machines Belt Ry. Co. of Chicago—Bids on Equipments— 29 — Weeks 4 —V. 28 Angeles Stock Exchange Pittsburgh held. Co.—Stock Oil Sales -28 Stock ore-handling to be installed in Baltimore, at Pittsburgh, Pa., of Corp. two (A. S.) Beck Shoe Corp.—January Sales Off 7%— —28 Exchange Philadelphia-Baltimore of 19 Midwest Stock Exchange to Dravo 554. See Atlas Corp. 23 Exchange--) Cincinnati Stock RR. O. the Sold to Sunray Oil Corp.— 7 Detroit Stock Exchange— of basis, (Bonds) Curb Co., Inc., Lafayette, preferred stock (par S20) United National Insurance Co.. exchange equal each Feb. on 5.876 Stock Boston Securities Assured 1^.—Files With SEC— covering (Stocks) New York the handi¬ under Stock Exchange & B. p. Barnsdall Page New York 171, to installation system conveying of the —V. Stock and Bond Quotations 1950, have been exceeding $5,000,000 per further interruptions to production from causes we expect this year to compare more favorably barring control, our with Feb. on ] awarded and manufacture belt a pier shares outstanding. 1,986,648 on J. cember, $0.22 share per Marietta, Ohio. It was absorbed into j the B. & O. has been contract for and Net •Net West Awards Contract— 11,660,539 278,581 $454,528 income taxes and 1909. $60,315,783 733,109 : j Operating MISCELLANEOUS - system in Co.—Earnings— Quar. End. —Year Ended Dec. 31— Dec. 31,'49 1949 1948 Net Copy a Corporation and Investment News PUBLIC UTILITY - Price 75 Cents York, N. Y., Monday, February 20, 1950 at cost .___ —„ "Offset by U. S. Treasury notes, tax series, at cost including interest, amounting to $1,930,652 in 1949 and $2,079,293 in 1948. tAfter reserve for V. p. 170, depreciation of $2,318,316 in 1949 and $2,156,739 in 1948.— 1695. in con¬ the dis¬ all out¬ ended in the sale.—V. 170, p. 2434. St. Louis Listed and Unlisted Securities Baltimore & Ohio RR.—To Buy Bonds— The company Feb. on 7 announced that standing RR. first mortgage 5% bonds of the Co., which fall due on March 1, 1950. The office bonds at will Room be delivered on it The & Little Edward D. Jones Kanawha 300 be purchased at par, upon delivery to the B. & O.'s 1304, 2 Wall St., New York 5, N. Y. The bonds should or after Feb. Little Kanawha North New assume the to March cost of 1, 1950 transfer on Co., is a 72-mile line St. Louis York Stock Exchange Exchange Chicago Board of Trade taxes. between St., Midwest Stock all New RR. 4th & Co. 1871 2, Missouri Members 20. purchased, and also would Ohio purchase & Established The B. & O. said that it would pay interest bonds will Ohio York Curb Exchange (Associate) Phone CEntral Bell 7600 Teletype SL 593 2 (750) THE (A. M.) re-elected ment ended session, by the with directors of held its March An 9, board.—V. man stock stockholders 171, sought to of cents 50 record of elect five the 1950 full the 102% at redemption and price accrued be may interest. obtained Immediate Chase The fit City of New York, 43 Exchange Place, Jan. 28, '50 Sales nine- New York, Jan. 29, '49 Higher— The company had 372 to 370 a stores in operation at before.—V. year 171, the end of January, • 1949 i - Profit before United income States taxes foreign and CONSOLIDATED 1948 income Earnings —V. : income taxes——_ 479,035 Gross 478.965 per 171, $757,238 -—___ share common $0.37 income ous Canadian The earnings 1950, i of point out earnings from rail dend insufficient paid is 171, at that in 3 for the for the payment to has 123,824,753 deprec. for Federal The 120,142,433 111,701,661 Miscellaneous income Balance „ per share 1 corp.— taxes income 1,672,480 1,697,337 3,933,430 2,884,016 income per 12,219,736 13,970,003 16,665,568 9,975,895 9,172,405 $1.12 $1.36 share common ' BALANCE CONSOLIDATED $2.25 1949 $6.19 Property, and equipment cost)—Tangible. also of San - Francisco, company—the and company original Intangible Francisco—Merger Effected 59-year old Palace Hardware Co., have been merged to .form a new Calif., Lyon-Palace Chanslor & Corp., it announced was Accounts "Gas on , officials to Francisco ship has the Bruce Chief director of Lyon, A. will Philip H. maining as Chairman of of the new 175,576 284,800 10,890,318 1,241,232 Commercial Chanslor of & ation—at has is the San Francisco is Lyon, Chanslor modern, area—V. 134, streamlined & Lyon Cost of General of and selling per > Total Prov. from machinery for 1,662,256 1,548,947 1,357,567 $3,471,439 $2,479,197 cost 400,000 dividends dividends 612,500 from to meeting on Oct. 14 authorized stock shares to 280,000 dividend resulting in transferring $875,000 shares poses.—V. $3.91 partly capitalize the additions 140,000 105,000 35,000 $5.85 170, from remains the surplus in the plant account, increase an shares the and a capital treasury account. for future The pur¬ Mr. of common A shares— 1,' 50 462,665 Room will be 1400, received 400 West noon (CST), March issue of dated April ments will $7,065,000 1950 1, beginning be 1, the at Madison 1950, for equipment and to April on office St., the trust mature 1, of R. L. President, Chicago 6, 12 o'clock purchase from the company of an certificates, series of 1950, to be in either 10 or 15 annual install¬ 1951. The total of cost the equipment The company of a are to cost on about Feb. 10 of orders which for seven 61 diescl will locomotive be for use subsidiary, Chicago, St. Paul. Minneapolis A- Omaha Ry, Deliveries to start in April and be completed this year. scheduled The orders General divided were Motors Corp., 40 American Locomotive Co., as follows: Electro-Motive units; Fairbanks, Morse & 13 units.—V. 171, p. 555. Co., division eight of units; Bids will Room 1400, (CST) on issue dated of on 1, at the office of R. L. Williams, President, Madison St., Chicago 6, 111., up to 11 a.m. 1950, for the purchase from the company of an equipment trust certificates, series of 1950. to be West 1, 1950, April and 1. to 1951. mature The approximately $1,161,596.—V. 171, in total p. 10 cost 555. or of 15 the annual instalments equipment will c:l" open insurance who ■ com¬ tltcVJ'"''' .?■■■ -I;?' sccp;jr9 .'jpj-a'iiis.,- Okla.—Notes Sl.CH)i;,600 — 4% 1949—3 Mos.—1948 Inc.—-Earnings 1949—12 Mos—1948 $ • $ jr. 3H,2v;.466 319.373,537 1,689,093 2,084,496 income.. and the first-out the corporation to pursuant basis. Feb. be sold 565,274 and for that 13 10,676,144 8,842,633 7 646.761 29.007,268 32,066,711 1.CM.?.''C 40,909,349 ST ATEMENT . Operating Oper. I d-d' 93 revenues expenses—D rev. a'.'-'/- ■ '-'"Ai/r 23, . $ ■ fnjr.'V.;B,9r.5 Vi' ' j7ty02, i!>,3 i*4l.3.:L,H5.''t'tv ./ Operating income'i.!i2w.LiO/i'SJ',^8 -: 49; 1^4,133.'. Non-oper. income 31,413 27,016 373,1C2 Gross income—10,523,211 Income Net sold, it . ' 178,475 income additional $12,253 for of the 12,640,413 8,839,467 35,017,367 36,824.880 $2.22 $2.31 — 49 465,293 National City Bank York New of is now prepared to deliver definitive first 1979 and refunding mortgage bonds, 3% series E, due Jan. 1, exchange for temporary bonds of that issue.—V. 171, p. 660 in Consolidated Electric & Gas Co.—Plans Sale of Uppei Financing Peninsula Stock— See corporation is requesting the stockholders' approval, to to respects. two 14,515,928 7,310,693 — share per 11,709,060 2,869,593 49,533,295 3,212,518 deductions Definitive Bonds Ready— One Middie West Corp. Consolidated amendment below.—V. 171, Gas Utilities 3. p. Corp.—Earnings— Year Ended Oct. 31— iqte Total operating revenues Total operating expenses.— Net interests of the corporation. corporation presently is seeking only the stock, and first must that obtain before the such any specific operating Provision the best to are that " pi -"d. -104.-! 5lf»''. Z 5 7,4x9 792 ^J '. Vi28.'• i ft preferred a and 1,767,683 CONSOLlC-ATED *r'COf»i£ 12,229,874 304,998 bidding Approval subject incorporation in emphasized issued 39,533,*12- income.———now {Outstanding, 1948, competitive corporation, of 138,333 9,414,444 2,119,506 deductions 398,909 Period End. Dec. 31— 480,191,718 417,945,440 13,452,874 .in Stockholder on 38.682,412:■ 8,255,411 —— d-vj'V/ 1.826,662 677,686 521,489,138 1949; 1950, I $46,875 Gross 9,276,111 co., for income depreciation Balance Other $2,296 r;T.-. and depletion —— 439,'}60 430,71;) $1 806 8^8 $1,587,72? _ —... income 79,93$ stock approval of Gross Total 068, J4& income income 125,133. $1,886,786 deductions : 422,695 ; $1,712,923 283,616 such offering an appeared that stock advantageous. However, faced as it is for substantial amounts of equity capital, it is the corporation be able to sell shares of its need a such action directly to the public when will best the serve circumstances interests the of indicate corporation Net Total Gas —V. its the approval of the SEC with respect to these amendments is tiie common stockholders of the corporation will be asked them at the annual meeting to be held April 27, on 1950. Mr. , Crocker in the company's annual report, said in part: "In addition to surplus treasury cash and cash available from opera¬ tions in 1949, we had to raise $43,000,000 in new money. "A total writers tem cf of of $33 000,000 25-year 3% debentures stock funds set were made in sold it at $10 possible 1946—an share. a for "The 304.998 offering shares competitive bidding "The demand struction will of for be stock. May, Jan. natural required will be necessary 1949, on in in 26, 1950 and more to raise about $27,000,000 1949 primary storage were $10 a for $12,253 continues the adequate to more people not taken gas which 1S49—at 1950, gas in supply; gas stock, common stockholders to $1,464,091 money more share—were share. sold 19,513 more will be The (Mcf) $1,429,307 30,845,807 18,143,832 ' 15,593,683 1292. p. Western Operation— • corporation's Steel v; Corp.—New Mill Soon in *• -• steel new plate fabricating shop at Orange, by March 1 and the new pipe mill production about March 15, H. C. Cranfill, Vice-Fresident Jn charge of administration, announced. Part of the plate mill already is in operation and a considerable amount of plate fabrication is being turned out, according to C. W. Texas, is will be scheduled President major are of in full to operation begin Lee, in charge parts the of of to Orange Consolidated production. the November.. Conversion expansion wartime of the Western's The plate new begun program and Vice pipe following mills the pur¬ ship yard from the Government In shipyard properties, located adjacent present structural steel into additional fabricat ng facilities is ahead heavy rains during December.—V. 170, p. 2128. of fabricating schedule plant, despita . '« • Continental Gas & Electric Corp.—To Sell Mining Int, con¬ needed. of new money in 71,297."—V. to others for 30,991,769 (Mcf)__ consumers per increase; to under It 1950. there'were 8,237 additional holders of record of our Since incorporation in 1926 the number of common stockholders has grown from 170, chase reach to us adequate capacity; adequate facilities to deliver fnore at under¬ to through competitive bidding at a net interest cost to the Sys¬ 2.98%, Through an offering to stockholders, 1,040,302 shares common the sold were to Consolidated stockholders. If sales transported that and income corporate 171, p. 462. This corporation, applied Coal to the Mining SEC Co. a subsidiary of The United Light & Rys. Co., has for authority to. sell its interests in Hume-Sinclair (Hume, Me.) and Huntsville-Sinclair Mining Co. (Huntsville, M0.1, it was announced on Feb. 10. Continental proposes to sell its interest in both companies to L. Rus¬ Kelce (Kansas City, Mo.) for $500,000. After deduction of feel and expenses estimated at $1,100, Continental would apply the remain¬ sell received 400 $915,000 April beginning be March 1,248,220 the issue, from time to time, of preferred stock; thb the corporation to sell shares of its common stock public offering without first ofiering such shares to the a Crocker common on 740,957 2,531,453 tFirst-in, that such methods "During Chicago, St. Paul, Minneapolis & Omaha Ry.—Bids Equipment Trust Certificates— ,.919,792 1,386,350 3,296,951 143,039,355 141,332,667 1,996,219 2,034,981 stockholders. objectives units investors Mi?kft^ree. issue being established outstanding in the corporations, other Co., under were short- Jan. revenues.— 6,193,132 permit by "These announced $10,000,000, were banks, and which $285,774,500 con¬ 31, stock desirable approximately $8,846,878. Orders 61 Large Diesel Locomotives— units 26, common Equipments— Williams, 111., up to due subsidiary a Earns, basis. Dec. continuing $6.56 on at certificate to approve Chicago & North Western Ry.—Bids Finance Privately—An 18,000,000 ' obtained, Bids and from He further stated that the limiting of stockholders' pre-emptive rights not mean that common stock would not be first offered to them 462.665 $3.74 $143,295,000 $142,479,500 with institutions had had does Jan. 2, '49 _ in purposes company $358,365,000, of of $215,070,000 balance company $ 17,012,559 141,295,406 —___________ Jan. authorization $3,036,044 _ Earnings per share__._______ —V. 170, p. 881. 9,347,674 construction believed $1. /2j,567 taxes— 16,000,000 "15,516,300 1,622,917 1,272,917 to with Jan. after and market the Consolidated Edison Co. of New York, Net 12,000,000 _ 278,005 SEC would could Chesapeake Corp. of Va.—Earnings— income the which Period End. Dec. 31— Income "the SEC. if Year Ended— aggregating the use, 1949, 1949, temporary investment purpo^i!:,.'>;.^l-V.;;.l'•■'tV notes, —— M.I Crocker, President, stated that both amendments are de¬ make possible the financing of the System's continuing capital requirements by methods not now available, provided circumstances The corporation on Feb. 3 filed a letter of notification with the SEC covering 184,000 shares of common stock to be offered at par ($1 per share) through Robert D. Bowers & Co., Denver, Colo. The proceeds are to be used to build and equip an oil seed processing plant.. Number for banks in 31, —— 1,316,401 for of common cash sired Chemical Crops, Inc., Morrill, Neb.—Files With SEC— Net aid permit indicate i banks paper Dec. 1, I960. wai\j;:i0ccd; privately onFeb. 7 through Shields & C-.v and First -Co.-■■ —V. 167, p. 1362. Stuart balance corporate with "On 77,500,000 deplet.—_ and damages. first-out its common 2021. p. with outstanding, of Commercial authorize other for of borrowing givin» 11,018,520 58,277 and announced to amend would capital issuing of 35,000 shares, thereby to of was SEC • special the in declaration stated: lines educational share. It 35,000 These therefore thereby 77,500,000 45,000,000 Plans— 875,000 $9.34 and capital, 15,820,869 84,058 113,603 , 350,000 . which 1964. in company for of 18,015,470 1946 577,247 shares Seeks 35,000 ______ share— common NOTE—To 25% (stock) dividends stockholders' stock 385,000 (cash) further credit notes The per $582,466 base due The unsecured 7,856,502 — injuries NOTE—On ! 400,000 $1,060,272 established 1947. shares $1,669,888 Common per 357,000 equipment— and credit a 1948. companies, is the j1 growth 14,639,665 liabilities in "Last-in, 179,577 895,000 as of increased of 31, subordinated insurance $25,000,000 place Dec. on March and $107 870 320 $157,000,000." Duncan fund "On 15,196,097 7,960,086 ______ 14,493,176 replacing profit— Earnings 123,925 3,344,888 taxes__ of worth that: development 15,990,465 reserves Total in its Operating income Non-oper. inc., inch divs. — — advances tributions $1,119,043 126,552 30, cos. deprec. for Reserves 39,417 'Common of Reserves 217,369 $1,079,626 excess Preferred for 11,203,660 income____ net a life liabilities all the ju.iV 122,298,740 thereon $13,858,222 59,182 stated in • c.W. k.»n e-.iw 134,528,740 deposits and accrued in¬ 265,397 goods- of to take y-A 81,174,921 ———_____15,667,232 current Reserves Other Interna! ,,ror 71,898,810 275,q79,520,8&I $10 at interest 13,220,507 profit for Net of and 't lor 79,972,507 payable $17,454,866 $2,420,015 for Federal income Prov. a sale term company notes boaid, three n;t i jrur' I tax $100,000,000—amounting to 1957 in Lp:; 72,116,005 1971 ____ taxes Other • $3,429,254 from due annum 289,016 expenses due st.jci operations, $8,56, milestone with subordinated are Mr. placed I'p's ii;, expenses-,— 79,500,000 3^%. debs., due 1973—45,000,000 3r/c debs., due 1974 33,000,000 1%% debs., due $2,000,000 serially terest income—42,185 Miscellaneous Deductions debs., 12,260,226 plant income Total surplus since Sept. 3 Va % $17,640,752 goods sold is during their excess of $4,862,207 ; •«"! prior 31, 1949, compared with $98,523,878 also now has outstanding $50,000,000 privately notes the of exceeded ( Operating Oper, rev. —— Minority int. in sub. Chapman Valve Mfg. Co.—Earnings— Depreciation pat—stated no surplus Earned in 1947 Dec. company $7,995,410 profits provisions current a 1,778,716 11,682,285 144,931,760 stock, Accrued 1948 excess for 33,764,174 480,191,718 417,945,440 share per Accounts 1949 and from passed worth 1946 521,489,138 Customers' sales— income Chairman company net par ______ accumulated operations 2,204,519 Capital above. Co. from "carryback" Duncan, its $100 6,300,013 $39.92 LIABILITIES— Lyon-Palace Corp.—Formed— Year Ended Dec. 31— Net 2,998,639 I 3827. p. E. the 1,601,035 $Com. re¬ stores A. 1949, when of features. 3,750,131 {$11.00 Contingencies" share per certificate 42,300,797 _"Cr4,500,000 recurring items, $2.44. 9.661,429 1,604,044 Total company. operates 15,422,557 2,825,272 charges Accrued Chanslor & See Co. cost 1,9021,293 a Lyon Co., is a large distributor of automotive parts and operating stores in the state's principal cities. It sells chiefly at wholesale to repair shops, fleet operators, car dealers, service stations, and ether automotive outlets. Hardware 6,552,548 been and & Palace 10,813,376 5,327,858 13,845.826 Vice- a Co., equipment, The 12,714,519 at and Prepayments and misc. assets.— of assets Co., He company. storage inventory 16,513,360 7,789,756 underground 46,522,970 7,676,775 12,547,557 $9.16 income under {•Net.-'income Placed (net) for the shares 1947 $45.00 $1,624,311 refunded 17,974,043 Deferred Total $3,700,000. Manager of Chanslor & Division of the new company. board new owner¬ receivable notes of net been number ACCOUNT 367,096 20,106,902 supplies—principally construction, maint. and oper- for Co. Lyon the merger, Fay, General and & & Hardware Dohrmann Capewell Hooker capital. Palace the of Chanslor director a Chanslor the the of eastern approximately of President the Lyon, to Officer Emporium Walsh, head include President director a The Thomas firms to amounted Executive and Tully & Co? and which negotiated the Mitchum, broadened firms Dohrmann, President of investment been merged named in TMaterials According San and in not the $25,000,000 conversion 1948 2— 31 "Reserve included INCOME 13,035,003 sh._ com. Dec. have as preferred $17,770,717':'$21,163,449 per value, of underwriters having 10,239,961 taxes— income Net Earnings Book ,/ satisfactory outstanding underwriters new to not 52,2571700 contingencies— for panies, 410,951,305 367,530,162 sell 1949 other and stock to $4.80, s and redemption sell to annum $93,303,381 $83,410,751 $61,346,351 $42,087,382 discount commercial $ 167,154 cost—current 14. 1947 $ to stock 2; income credit lines 19,239,885 Temporary cash investments—principally U. S. Govt, securities——. the 1948 (at 458,920,792 to 500,000 and exp and term 31 $ plant , 46-year old DEC. SHEET, the only $143,295,000 were available. On Dec. 31, number of shares outstanding. average per , and. not taken up. prefererd stock to amend authorize preferred Income for preferred and CONSOLIDATED 9,172,405 $0.87 ., stock— com. ASSETS— 240,000 ? Chanslor & Lyon Co., San 1,730,411 4,888,977 I of to $50,000,000 new $25,000,000 Cash Feb. of notes deductions "Based on 299. p. to ' 900,000 240,000 outstanding common 21,246,921 ,_ $1,486,601 480,000 Earnings 19,633,844 4,678,421 Inc.: exps. and other other ■^Earnings 128,306 996,516 $539,775 ; _ dividends shares applicable Cash dividends paid on > profit 18,781,193 tax (net) Consolidated net Cr45,788 258,659 . Crl08,460 depletion income 1948 135,000 144,071 taxes Cr319,841 63,562,058 5.510,953 7,978,577 7,000,424 5.944,697 458,031 Columbia Gas System, $2,700,635 Cr44,480 : income 73,383,181 7,299,850 8,156,405 5,310,723 6,466,890 7,083,957 8.610,071 $4 conditions conversion Year End. Dec. 31— the 30,347 depreciation Federal and deductions income 1949 for This value on other $928,372 for Common totaling call to stock for redemption incorporation credit taxes Income divi¬ from income L_ inventory price decline revenues— these earnings dividend, any company's for slight increase 1949 operations for 170, 2,616,479 6,897,675 Prov. Other Admin.' and Provision —V. 2,670,690 78,093,277 Prov. 555. p. Provision Cash 102,146,605 6,938,577 2,978,099 gross of Castle & Co.—Earnings— from Net 8,576,192 Maintenance less (A. M.) Provision 108,895,551 6,321,482 miscellane¬ — 31, out March on a Years Ended Dec. 31— Profit 114,525,172 and Operation cents 1950. been year of the 24, (75 and of, funds Feb. on 3% of respect Canadian there while solely in p.m. operations attributable sources.—V. stock payable record dividend final a capital 1949, year shareholders still are the declared 13 ordinary directors net $ from favorable cumulative common Res. $ Operating expenses— Ity.—To Pay 750 Common Dividend Feb. on the on for to The in Pacific directors share shares "From Total per allocated 358. p. 3.6%s into of opei\ 1947 gasoline— operations continued Federal 1948 $ revenues—Gas.. and Other $856,404 $0.42 « of converted Int. ACCOUNT 1949 - - Subsidiary companies— Oil Net INCOME Years Ended Dec. 31— $14,897,781 $13,532,965 1,236,273 1,335,369 to arrangements, Management Columbia Gas System, Inc.—Annual Report— (Including wholly-owned subsidiaries) sales $25,000,000 Gross Canada Dry Ginger Ale, Inc.—Earnings— 3 Months Ended Dec. 31— subject underwriting 1950 190. p. stock common 31. . par, Jan. 24, '48 Jan. 25, '47 the on March Also, $12,556,559 $12,449,526 $12,064,262 $11,776,577 compared Net effective After Colonial Stores, Inc.—Current Sales 0.86% of dividend cash 171, p. 462. Four Weeks Ended— nominees to Monday, February 20, 1950 of per as 190. p. of N. Y.—V. 1950. opposition group had 1, April on National Bank of the common CHRONICLE is notifying holders of its 5% gold debentures due that all of these debentures outstanding will be re¬ 1958 payment stockholders' meeting, the re-elected organization meeting and, among other the business, declared a dividend on the share, payable March 23, 1950, to FINANCIAL company 1, deemed 26. Jan. since recesses, following The April 64,481 shares. The announce¬ meeting which had been in to stockholders' annual frequent Immediately board vote of 199,856 a & Cities Service Co.—Debentures Due 1958 Called— Byers ,Co.—All Directors Reelected— According to' final results announced on Feb. 14 by the board of Judges in the election of directors, all nine of the company's directors were COMMERCIAL be Commercial Credit Co. dend — Shares To on Redeem —Plans New In said * letter directors to To — 3.6% Increase Preferred Conversion to be Taken Common Divi¬ Stock — Unissued Up by Underwriters Financing— sfoH.rv>oidp,,s favored the ing proceeds and controls no Feb following 8, plan. «. To R Duncan. increase the Chairman, quarterly its to Continental stock 99 bank 300 owns shares neither loan. shares (9.9% ) (26.22%) of the Hume-Sinclair cf the company. The Commission has application.—V. 171, p. scheduled 660. Huntsville . a common common stock, but . hearing for Feb. 23, 1950, upon tht Volume 171 Number 4883 THE Continental Steel Corp. (& Subs.)—Earnings— Years Ended Dec. Sales, revenues Profit before Provision 31— and Federal for income Federal •Adjustments — credits $22,596,764 $29,843,031 taxes income Gross 1,806,766 tax________ — 2,825,150 stock 785,000 1,200,000 385,050 Common shares Earnings per ♦ To bring their 752,046 877,390 passing 501,365 program. $1.27 $3.24 sharc____ inventories in line with current lated reduction in Federal income tax.—V. market less prices, and 170, p. 689. taxes $975,268 share. common the 1948 1949 after per •After taxes preferred 086,423 for 2,852,251 dividend the same requirements. period in 1948.—V. with compares $1,- 102. p. Copperweld Steel Co.—Earnings— Year Ended Dec. 31— before Income income 1048 1949 taxes f$2,665,506 $8,403,519 928,000 profit — shares common •Earned $3.24 from life insurance policies of $391,834. Excluding this non-recurring Income, net is equal to $2.48 a common share.—V. 170, p. 1696. offering The will shares be the offer less Feb. shares .10 stock common Jan. 28 the right to except that 25 shares. subscribe for stockholders sold company retired $10,000,000 $5,000,000 1949, V. proceeds 171, billion of of need we with 30-year it during insurance eight 3% notes. at the We year-end. for companies This will money be SEC be to are York continued to number average of total shares the on regular pay quarterly 556. 171, p. Stock Under at Exchange made was (Incl. is one share for new shares 250 The this Ohio & U. S. RR. Government with company S. of above.—V. 166, p. revenues working sell 1949—3 Mos.—1948 Expenses ferred stock. Under terms is Feb. on violating of to 15 formal its began Federal laws anti-trust charging case by monopolizing U. revenues Oct. exhibits 10 After handed order an the is case its file the plus last down continued exhibits Government additional any that—probably 171, and until by year May U. to or S. income Canadian taxes 22,254,607 75,236.609 company will file exhibits early 86,896,775 of $13 50 per scribe income $12,328,956 $21,566,631 115,531 524,592 801.467 3,347,817 taxes.. 9,115 taxes Other Fixed 89,462 2,045,366 513,214 2,190,197 2,306,712 in du objections Its objections to its Pont the to own. of November—actual and 553,131 2,127,456 637,608 632,846 2,569,659 882,886 _ ._ depl. stock, chgs. oral the du Pont will argument income 869,947 3,220,343 —V. 170, $1,603,150 1913; p. V, 2,589,329 3,516,257 $2,304,233 $1,539,402 $7,526,857 —Seeks Preliminary Permit for Hydroelectric Project The a asked has corporation preliminary one-year the per in it Federal Power Commission issue to investigation lor of the proposed de¬ the Delaware River in N.cw Jersey, cn Pennsylvania and New York. The company the said be to power time of Duval prior to ethers for use would it of use distribute itself power sell or it to distribution. or over-aTl Estimated cost of the development is approximately $47,would be financed through the issuance of $28,200,000 bonds, $14,106,000 preferred stock, $4,700,000 convertible common stock which 000,000 and 100,000 shares If Issued, application prior of stock, common be.issued. The value, development is Power which project with conflict of New to Company That company has asked FPC proposed in authorize includes a issuance developmen ts of at for license a Chestnut the a Hill and Beividere sites. the Co.—Unsubscribed Sold—The Stock 19,931 shares of capital stock (par $20), which were not subscribed for by the stockholders in the recent offering which closed Dec. 5, 1949, were offered publicly on Feb. 5, total A of originally share on The 679.812 shares, had been offered, a will more taken than by the 97'■<■■ of the 699,743 stockholders at shares $20 per basis. one-for-ten proceeds or applied be toward the company's the that $35,000,000 Feb. general and the SEC refunding mortgage bonds, series covering due J. ACCOUNT Year Ended Dec. 31— revenues from 1949 utility of which President. —_ ________ -Operating 1948 $ Share all of 3 the (parent company, Act, Net income •Includes In _____ Federal income Common Stock shares common of of have its 15,182,057 4,731,592 13,297.858 10,450,464 taxes of was planned to by njining is It short 720,000 commenced, of stock Congregation is Illinois an Reformed later under held now offering of (par 5c) Adrian D. O.—Issue Rights to Buy Com¬ Chairman of the Board, on Feb. 9 announced that plans to offer to common stockholders 178.000 addi¬ shares of This price a be capital has at basis shares of 1,816,000 Ind., 1914. followed including of determined used announcement 170, p. the on be to to reimburse the expenditures and increase would company stock common held shares recent V. An unusual have Gotham common the is feature the fact the of that underwriting certain directors commissions canceled. brokers to Unless purchase of the be payments, and the dealers underwriter $200,000 will and 15 by of the prior to subscribers offering will be in be 10, for is the ell 1950. returned full Aug. 22, for each date. working capital. stock in it's treasury. the The plant $3,500,000 a The of some in Dec. 31— 1949 sales United ; States Net Canadian and Cnadian before profit 1948 $12,218,720 $15,535,249 882,826 taxes Canadian income..:.- on exchange 326,523 1,198,851 $556,303 adjust. exchange adjustment- 3,156,188 $1,957,337 Net profit 31,411 : ______ Earnings —V. share of per 170, $524,892 $1,957,337 $1.31 . $4.88 stock— common 2225. p. Net (& Consol. Subs.)—Earns. for the 1949, Raceway 1949 sales Other : income Operating income and 26,090,673 taxes profit *The subsidiary significant. the net loss for (66.67% owned) which is net profit shown above tThe corporation's shown (less during above equity than the 100% includes in the owned) is and year the $28,858 included Canadian amounting to $151,430.—V. year to in of unconsolidated dividends of The net offices; NOTE: Dana 135 On S. net profit profit for the 1044. p. Steubenville, Ohio, with a pari-mutual wagering system. It acquired outstanding stock of Fort Steuben Raceway Corp., which occu¬ and operates the raceway under a lease. Gulf States Utilities Co.—Bids for Common the Following Corp. its admitted was Association and held sion schedule July two calls to 8 organization under night for July to permits with is the assume 7, membership to the exception Ohio of active State to 13 of Commis¬ The 3 1950 and be used to for bids common stock as $6,000,000. New of Harness the Racing Steuben Fort off existing indebtedness of Fort Steuben Race¬ way Corp., to finance the improvement program, to purchase the raceway situated on a tract of land comprising approximately 51 acres, which is now leased and to provide additional working capital. stock Com. the <:Of 5c per stock (AFTER value consideration GIVING 5c EFFECT Period End, Dec. 31— Operating Net to and the be Other 1,000,000 shares of by the company on Sept. stock common authorized ($10 pari from capital 30, of 1949, Fort Fried all of and the Milton as stock in sale of the Fort Sept. of are voting 1949, whole 1 Wall St., STATEMENT 1349—12 Mos.—1948 $1,990,024 $25,030,135 $22,719,624 590,(>24 575,392 6,482,691 5,387,814 5,511 3,414 38,3^8 7,565 $596,134 $578,806 $6,521,049 $5,395,380 111.211 56,498 951,967 740,090 5,086 8,523 41,278 39,443 $479 838 $513,785 $5,527,804 $4,615,847 revenues.- Balance and amort Other deductions income . dividend securities, the capital Balance requirements Common applicable shares to 814,600 753,000 $4,713,204 $3,862,847 2,461,299 2,182,820 $1.91 common stock—. outstanding Earnings per common —VJ 171, p. 557. share $1.77 outstanding were Steuben. as 15, Fort now 2,500 constituting issued so Schwartz of stockholders to exchange for Steuben outstanding stock of shares of the company's common stock Irvin the surplus. common and and EARNINGS 1949—Month—1948 income—net Interest of aggregate price to the company such common stock will be of Outstanding *2,000,000 shs. thereof will be credited to Stock— number PRESENT TO 3,000,000 shs. received balance such $2,178,467 revenues operating Net share) per share being the par value NOTE—The an of pay (par account yield purchase purchase COMPARATIVE Eastern of will the for the by the company at the office of Irving Trust Co., York, N. Y., at 11 a.m. (EST) on Feb. 28. 1950. Sundays. operation Bids for received from Raceway to carry out property additions and improvements in addition to those already made. Proceeds from the sale of the offered stock would invitation shares of Trotting Racing 1949. June Public Raceway States during May intention the Steuben United meets from run present directly the the racing be Fort 1948, in from harness meets 29 PURPOSE—It Club, Inc. to Oct. all The registered trustees between Steuben.—V. shares of the 1,000,GOO in tne under Hayes Manufacturing Corp. Period End. Dec. 31— Tot. from revenue Operating costs sales (& Subs.)—Earnings- 1949—3 Mos.—1948 $2,527,418 3 949—12 Mos—1948 $4,644,019 $12,374,235 $23,451,932 2,548,926 3,818,050 11,146,274 18,753,329 •$21,508 __ $825.96!) $1,227,961 $4,698,603 a the voting 170, p. 2326. Operating profit Food Fair Stores, Inc.—Debentures Called— Other income $7,412,000 in 1949 and $4,864,000 of the Net outstanding $2,645,000 -3'/a % debentures due Feb. 1, 1959, redemption on March 1, next, at 102 and interest. payment will be made at The Pennsylvania Co. for Banking and Trusts, trustee, 15th and Chestnut Streets, Philadelphia, Pa., of the full redemption price, plus accrued interest to March 1, 1950, have been called for Immediate upon presentation and 192 surrender of said debentures. See also V. 171, 26,520 Income from Interest Provision Net cper. charges 29,431 114,935 126,317 $5,012 $855,400 $1,342,896 $4,824,920 _ 3,750 for inc. taxes profit Loss.—V. 171, Financial p. 21,277 4.217 71.454 284,299 276,499 553 _ ___ ... 4,221 71,775 1,254 7,378 55,381 Cr6,225 321,066 440,482 1,768,217 •$64,842 Depreciation • and 359. profit Seibert, La account Salle of the fluctuations in is Canadian after adjust¬ excess herein. uncon¬ herein the $35,794 subsidiary's 167, of its year included includes earnings net was not the not The subsidiary's net profit for the year amounting ment for Canadian exchange. subsidiaries 27,483,468 *$l,215,496t$l,276,584 corporation's portion of solidated not — expenses 1948 $26,891,099 $28,505,251 Cr415,070 Cr254,801 — $457,405 $589,460 $2,720,606 192. Chronicle (Reg. U. S. Patent Office) William B. Dana Company, Publishers, 25 Park Place, New York 8, N. Y., REctor 2-9570. Herbert D. Seibert, Editor and Publisher; President; William D. Riggs, Business Manager. Published twice a week [every Thursday (general news and advertising issue) with a statistical issue on Monday]. Other St., Chicago 3. Ill (Telephone State 0613); 1 Drapers' Gardens, London, E. C.f England, c/o Edwards & Smith. Copyright 1950 by William B. Dana Company. Reentered as second-class matter February 25, 1942, at the post office at New York, N. Y., under the Act of March 3, 1879. Subscriptions in United States, U. S. Possessions, Territories and Members of PanAmerican Union, $35.00 per year; in Dominion of Canada, $38.00 per year. Other Countries, $42.00 per year. The William at work.— construction profit before income taxes received discontinued. on later a Hosiery Co., Inc. (& Subs.) -Earnings- Ended Net sub¬ their conducting harness racing meets at Fort Steuben of deal the commitments April will CORPORATION—Incorporated in Delaware purpose that event firm secures stock this canceled, agreement, Tellier & Co. controlling stockholders agent to guarantee full and escrow in for share one at treasury opening of repair and other Net Net deposited $30,000 in cash with the with affiliated corporation Joyce, company tional ten religious by 1,000,000 made Feb. was not York New Church. Greif Bros. Cooperage Corp. Public — sell to a Stock— this 660. p. offer Glidden Co., Cleveland, mon Electric public United finance to plant facilities at Oak¬ on Feb. 13 by Daniel P. Gerber, 10,000 of these shares to employees. improve additional that registered of of not but exemption a as benefit after the determines Gas), year one directors the stock common and to announced 557. p. Evangelical and Year used be authorized 8 of 14,824,104 6,134,484 is is It 171, Feb. shares warehouse time purposes. within acquisition United stock of 357,953 and Co., West Bend, Wis., on Feb. 7 publicly offered $100,31/2%-4% first mortgage serial bonds, dated Jan. 15, 1950, due serially. The bonds bear 3V2% interest to Jan. 15, 1955, and 4% thereafter. issued. will capacity of stock Expansion 000 aggregate an be to corporate a New Financing and — & Tellier & Co. at $1 per share. pp. and other Commission of Offered trust agreement dated 1948. Commercial exceed are the Racing Club, Inc., Steubenville, O.— voting 19,432,343 . Co.—Acquisition, etc.— Year Ended Oct. 31— Harness names 19.292,690 ________ for past borrowings (The) German United Evangelical Lutheran St. Peter's shares with borrow, from may borrowings Duval may 119,864,759 income—__—_________—___ from it notes have shall the 105,040,655 • income its date event Co. the Eastern All Total Deductions for will of 115,187,534 139,653 revenues income bank off pay Congregation of Chicago—Bonds Offered—B. Z. Ziegler $7,500,000. operations from the in holding trustees Other additional plant and other facilities for a and ore 134,480.224 operations- expenses of his 75% agreement not to bank the of $ Gross or 695. p. on 150,000 California, land, proceeds loan which retain Electric Bond & Share Co.—V. 171, issued INCOME treasuries 171, Indianapolis, the 1965. the COMPARATIVE their stockholders plant Preferred registration with next, ♦Utility equal to purchase bank without name with 15, but capital than more State 375,000 construction of the underwriter will be supplied by amendment, along offering price. The proceeds will be used to redeem on May $35,000,000 of 3Va % general and refunding mortgage bonds, series G, due 3966. The is offer to to Authorized a sell company Duval by stockholders at authorized to sub¬ being as stock to FINANCING) filed 14 the and issue to has entered into an agreement to purchase all of the stock of American-Austrian Magnesite Corp. of Pittsburgh from Dwight Winter and the estate of the late Emil Winter. The amount agreed upon in payment for the stock and how tho transaction will be financed were not disclosed.—V. 168, p. 2684. increase to par name proposes may a and operate Registers With SEC— on also under sale plant, potash months & and CAPITALIZATION company no its record date. into Boston stock dispose stock, Bond program. The It approximately will la utility 1950, at $23.12 V2 p£r share (less 30 cents commis¬ sion) by First of Michigan Corp.; Watling, Lerchen & Co., and Nauman, McFawn & Co. The .offering was over¬ subscribed. V of subscription shares 1950, enter potash of that date Section all Edison additional to of the will cost United pies Detroit Duval for stockholder 15, 1950, amounts which 2%% promissory scriptions project proposed by Inc., of Trenton, N. J. Jersey, of refining states, 'i ■•;': ■;; proposed Electric The par actually. applying for an FPC license. A preliminary permit authorize construction, end gives no assurance that a license to does, not will no the preliminary permit vouid give the company ■•priority of while it makes the necessary examinations and surveys to March for construct to tons, developed whether assurance stock Duval. of Bank $2,500,000, has not fully surveyed the potential market for at the project and could give no positive it Thereupon, of proposes to Duval velopment of hydroelectric power change the Feb. 14, stock also National First than Delaware River— on shares and present number authorization SEC 550,000 acquired by other stockholders. estimated Delaware River Development Corp., Jersey City, N. J. received from Duval's parent, and owner of 373,557 shares of its authorized by the Commission to purchase 280,167 shares was Duval and 102. 171, p. would Light & cash a General Refractories The Gas Corp., Proceeds Net financing subject stockholder approval of a unissued preferred. In solicit authorized would make $4,000,000 and to reimburse The Approves Changes— stock capital each on additional of has par Co. share, such 14 stock no additional to United not ____ cha rges Deprec. 25,263 517.786 old- taxes age 27,2c 1 501,562 Unemployment and s of Potash & shares Feb. on capital shares Sulphur 1949—12 Mos.—1948 $5,439,836 . would its In the Power Jersey Corp., of first mortgage bonds, due 1980, preferred stock, while New Jersey 20,000 shares ol cumulative pre¬ bidding Metropolitan clearing New Utilities Metropolitan $7,000,000 GPU outstanding District S. when 15, written any 660. p. authorized 1,000,ore $4,263,066 _____ and capital contribution to Metro¬ politan of New Jersey of $650,000. Proceeds of the subsidiaries' financing proposals and the capital contributions by GPU are to be used for construction expenditures —V. documents. Government shareholdings Net decision a Co. cumulative of competitive increase 50,000-share Attorney Julius C. Reminger introduced 2,591 Government They were contained in 32 volumes totaling 6,000 pages. attorneys its $27,694,443 $87,565,565 $103,463,406 19,350,784 at Gerber Products Co. capital.— (& Subs.)—Earnings— $23,613,850 ——— $7,529,967 Planned— 1665. cellophane. Judge Paul Leahy or the income ol The Hudson Coal Co. and its subsidiaries) Period End. Dec. 31— Edison proposals, bidding shares 70.000 The Tile Gross financing competitive and on on Duval Texas Sulphur Co.—SEC Delaware & Hudson Co. the would special offer¬ (E. I.) du Pont de Nemours & Co. (Inc.)—Suit Begun— to share per owning additional for announced 9 Metropolitan subsidiaries of General Public results of competiitve bidding. Corp. of Pittsburgh, Pa.—Awarded Contract— See Baltimore begin—V. used Feb. on of programs addition, 1950. Feb. 10 by Bache & Co. The stock, offered at $22 per share, with a commis¬ sion of 55 cents per share, was oversubscribed.—V. 171, p. 191. 462. p. 1949 $6,648,704 — General Public Utilities Corp.—Securities of Two Units The The The - Cleared by SEC— expansion half. a 10-year 2 xk % notes borrowed from banks to previously made were $30,000,000 New On have for exceed time in kilowatt 400,000 first totaling $1.20 per share for the year.—V. exhibits. offered being cents 80 at the construction ing of 8,000 shares of capital stock (par $1) 28. held, subscribe may of record Tellier & Co., New York, and any unsubscribed publicly at $1.12 >/2 per share upon expiration by stockholders The each of offered on shares 375,000 underwritten being of of - 171, p. 557. expenditures.—V. U. Corp.—Offering Underwritten— stockholders common the as production Deardorf Oil present our for strikes. new Detroit Steel Corp.—Special Offering—A tlncludes non-recurring income realized dividends, preferred 514,864 —— shares common per •After in assets in earned $1.86 per share on the outstanding during 1949 or $1.73 per share dividends $4,939,019 514,364 $3.54 taxes of nation-wide company Dravo Net No. 1950 ——— —V. 3,414,500 $1,737,506 ______— of down The the Profit by $51,000,000 mark total arrangements sale the $11.07 tThis 171, of 3,062,563 $6.91 share common than halfway Our outstanding $33,383,671 $35,392,213 profit •Earnings share of per Sales Co., shares Net volume on taken $2.39 12 Months Ended Dec. 31— Sales affected was more thereupon 1950, 1949 $9,819,279 per The construction work. Also, we sold about $14,000,000 of new practically all of which was subscribed through an offering to existing stockholders. To complete our financing requirements through 3 Months Ended Dec. 31— •Earnings 1948. stock, Sales after use November In carry profit Earninngs year. 3 Gamble-Skogmo, Inc.—January Sales Off 11.7%— Month of January— dollars. re¬ Cooper Bessemer Corp.—Earnings— Net higher than last were over invested We $1,625,150 501,364 outstanding-- common (751) Chairman, said in part: electricity sales set a new While adding some 32,000 new customers, we continued to sell increasing amount of electricity to all classes of customers, except an $636,716 accrued or CHRONICLE FINANCIAL record. ___ _________ income paid revenues increased where Net Dividends & Highlights of the Report—Notes to Be Placed Privately —Prentiss M. Brown, 1948 1949 <- other COMMERCIAL the rates of exchange, remittance for foreign subscriptions and advertisements must be made in New York funds. 4 Harshaw Chemical Profit Ended Months Three before federal ing Co.—Earnings- Dec. taxes'on income— Net taxes profit 100,500 _' — shares common 168,043 369,287 —■ 293.060 293,060 $1.26 (est.) — Number of 231,600 $0.57 income on „———. Earnings per share —V. 170, p. 983. of end the dividend. (Charles E.) Hires Co.—Earnings— Three Net Cost of Ended Months sales Dec. and other sales Operating less income—discount, 1,197,947 $61,201 "$96,093 21,078 The $1,101,354 1,231,542 operating expenses—__ ,' .Loss (discounts, deductions accounts, etc.) : 104. p. loss $40,123 $31,294 6,424 7,599 ——^—-— $46,547 _ 170, Year Ended Oct. 31— $38,893 (after cf sales $945,486,000 1948 in 1949; Total subsidiary 44,909,000 10,563,000 10,474,000 226,000 from 296,000 cos. Net Cash the eince mergers admitted Total <318,145,129, the of end assets Dec. on mid-1948 cash included stood of over Dec. 31. $35,561,204 and U. of of 1948. Assets at Month of January— —V. 170, 1948 $2,199,226 1949 1950 $2,079,354 Notes Hudson Coal Co. Total Book Expenses revenues income S. The April on financing other for that taxes age "the 31, $2,080,926 $5,363,666 Crl61,200 39,772 46,300 93.597 58,832 360,866 408,910 share, total A stock of 160,401 630,178 677,808 service. 730,356 794,996 period 400,918 1,216,814 i1,652.877 $772,342 i$897,060 adjustment of tax income 1948 (no shares of common Uncollectible 1949—12 Mos.—1943 1949—Month—1948 ' plan $' iev._ oper. $"'■■■■' ' " $ ■ ' ' "i'- , fair, Operating expenses -Operating taxes Net operating after Net —V. — 2,584,017 2,108,737 income charges 940,885 601,651 S by of $20 price 2,732,518 4,007,846 Dz-574,501 0227,647 29,823,753 of his pay its more or Net (net) regular over for annual a more salary plan Utility off that City best College in Italian Italy's economy Federal Judge reorganization New York, foreseeable future the of Government Institute. Italy's World is $26,600,000 in Edison for The through witness is economy Other income Misc. deductions Fixed charges 29.770,116 25,184,679 9,341 7,801 98,190 said based 873.314 10.509,804 10,343,674 1,944,889 applied is because Bal. —V. of 171, 2,331,410 of credit of said the of based his supported by 1.688,519 the expert market, by of International Net sales Cost of 2,331,410 16,071,132 20,949,220 the would the with Shares" of debt. $26,600,000 have value a by 5% to listed are at $400 each. Winkler Dr. Bernstein, New York bond-holders.—V. 170, p. counsel record at 12 o'clock, Feb. noon, 14, have been offered The In the March New 1, "American purchase.—V. Exchange Shares" on & Telegraph Corp. (& Subs.) and $9,270,373, $ 135,930.233 re- 123,984,216. 111,593,399 24,071,127 and radiotelephone dividends, interest, oper. revenues advisory directed Feb. 17, that all Exchange 1950, shall be ex contracts Diemand, President/re¬ operating results of the companies for 1949, had set new high records in under¬ writing profit and investment income, and in surplus and on that last year assets of the Diemand companies. reported Maintenance and Federal S. Premium income of the group totaled $163,983,000 and $17,from earned premiums came to $151,556,000 as against $142,279,000 for the preced- 94,038 $2,177,327 — . — Federal for prov. Net Prior .$879,930 ■... dividends preferred dividends Preferred —V. — - — .. .. v> : ... ; ; : $1.150,3B(i 14.14.63;,<: .179,4 jii . ——- 249,086 292,084 A.73C.'6i;l'' : income taxes profit 88,632 103,680 — Depreciation and amortization 132.930 16C, p. 2644. $9,804,253 $8,425,591 2,709.369 1,233,254 164,631 4,515,240 177 881 336,166 311,302 tax.- $2,887,250 $1,397,885 taxes— 1,041,494 475,535 $4,351,406 1,738,995 $2,706,530 923,942 $3,112,411 t $1.66 $0.50 $1,782,588 $0.95 $0.50 $1.84 $1.34 _ Profit operations- from Other - 1949—6 Mos.—1948 $17,534,281 $15,627,678 3 alus.—1538 1949 Period End. Dec. 31— Sales income Prufit _ Fed. bef. Federal income $1,845,756 $922,349 "Earnings per share $0.98 $0.49 Dividends paid per share— /—— ——— Keystone earnings combined with its share of subsidiaries earnings, per share, of Keystone Net profit stock On ' outstanding 2,395,228 1,875.000 shares. outstanding present AT DEC. POSITION FINANCIAL 31 1948 1949 Cash —' -- Inventories — — — $2,100,808 4,579,518 ------ - $586,735 8.803,967 5,712,980 None None 5,237,809 2,700,000 2,000,000 1.83 to 1 Working capital loans Current -2,--L- - -. current assets to current liabilities-— debt ' Long-term Ratio of - • 2.96 to 1 s^eel scrap are ample to supply the company's operations. Current inventories of capacity profit of National Lock Co. (68.43% owned) for the. Dec. 31, 1949, after provision for taxes amounted for the like 1948 period. The net profit of Mid-States Steel & Wire Co. (77.66% owned) for the six months ended Dec. 31, 1949, after provision for taxes amounted six net ended months $332,377, compared with net of $1,373,231 to $132,708, compared with $148,543 for the same months of V. 170, p. 2437. taxes fordeprec. 279,038, 47,365,095 22,330,766 4,389,824 3,641,590 1,000 163,026 10,208,210 sold Loss (incl. above) taxes for (excl. foreign govts., etc.) of $4,199,572 inch in and cost 1948.—• .8,461,635 $3,- At 3,261,010 089,528 chgs. for: Changing before interest charges of charges parent of in New and Name meeting of stockholders held on Feb. 14 amendments to the articles of incorporation on 1. during stock ol 392,374 3. the company's name to Laclede Gas Co. (to become March). issuance of 480,000 shares of cumulative preferred Authorizing the the par Providing as value of $25 that such a no holder matter of as a of the 6,195,355 9,114,694 preferred 2,566,969 2,384,102 any shares of such stock.—V. 171, p. 558. share. of shares of shall stock common right to subscribe for or class authorized preferred stock to be issued except convertible are into in case common 655,146 6,051,622 Lake 678,970 2,973,240 company.—_„„ Superior District Power Co. — Offering Under¬ stock written—The offering of 40,962 shares of common Net income Note (see belowi Total income Total other Total Total -Loss on interest not Telephone in earned the foreign currency $5,300,000, & Telegraph income surplus.—V. accounts 171, 17,434 655,146 p. devaluations, net including Corp. but 5. $1,315,925 $531,000 (parent have common at Subscription warrants will expire The net proceeds betterments.—V. 171, will be p. used on Feb. 27, 1950. for property 464. to pay additions and " i r 673,970 $1,234,789 belowi of 2,928,376 44 —___ Note result $4,940,705 — charges (see the approximately included solidated (net) 2,000,722 2,486,975 taxes-.—. 1943 $2,939,983 $4,376,954 — and exchange foreign income of 1949 1,893,161 earnings stockholders of record Feb. $22.25 per share, on the basis of one new share for each four shares held, has been underwritten by a group of underwriters headed by Robert W. Baird & Co., Inc. (par $20) offered to 9 ONLY) $2,483,793 subsidiaries— expenses Total losses COMPANY Sept. 30— from gross International (PARENT income— general NOTE—As INCOME OF be purchase any 6,730,592 stock parent company Interest voted was 3,628,386 income Co.—Change annual adjourned an approval entitled Net Light Approved— below. providing 2. ineti earnings before interest and other Interest, etc., charges of subsidiaries—. Light Co. Gas Laclede effective : Net- Gas Laclede Preferred Stock Approved— goods of ——— foreign exchange on expenses, taxes— respectively, Laclede Gas Co.—New Name See 4,564,461 47,957,211 : repairs——— income Prov. Net that underwriting income aggregated 611,000 and investment profit $12,193,000, with a net gain operations of $21,703,000 after provision for Federal taxes. Mr. deductions Other 18,463,300 the right to America—Operating Results for 1949 Set New Records—John A. porting % „ — 114,203 $1,806,306 income Total 24.336,834 19,668,066 % 23,570,471 gross 9 Months Ended said $2,033,238 4,851,339 1,092,122 and fees 4,218,018 2332. 170, p. profit—T——$1,692,103 - to 1948 1949 sold__. goods STATEMENT Insurance Co. of North T948 194 ) r—- sold---. goods present 1950. York Stock for $8,026,699 of Cost for 1700. convertible noon, and cancella¬ owned bonds Louis J. Power $6,586,101 Other Purchase the right to purchase, at par, 6% cumulative preferred stock, of 100 pesos Mexican par value (U. S. $11 .56071, to the extent of five shares of preferred stock for each 12 "American Shares" held. Application to purchase may be entered for additional shares, subject to allotment. < Purchases may be made by filing with The Chase National Bank of the City of New York, depositary, an application to purchase signed by the holder of record. The right to purchase expires at 12 o'clock, 1950, (incl. Telephone U. "American capital $7,107,173 —4,345,888 Selling, general & ad minis, expenses, etc.-.-—1,069,182 sales Net to with backing by the Italian Government, existing bonds. He said the present bonds, earnings— Operating, selling and general Industria Electrica De Mexico, S.A.—Rights to of working Keyes Fibre Co.—Earnings— NOTE—The Total p.,696. Holders will be used for additional purposes,—V. 171, p. 558, proceeds agency bond-holders and Power on bonds Italian the Power's an $8,600,000 new the Power $18,000,000 of international on as of Internationl , amount because not to offer an 20,949,220 16,327,502 256,370 256,370 income 696. p. agency, to sink¬ ing & other res. funds 171, Years Ended Dec. 31— " on International Telephone Sundry Income The other corporate advised it he being now 100,475 872,534 — --- — V. See Crl37,387 Crl,750,817 01,623,953 Cr163,763 — —— 3.075,138 2.663,001 income- oper. ry. adjustment. Oil & Distributing $1 per share. II. worth a International War owed the also greater, called the formerly known as Italian Power Securities Corp., money in North Italy power plants operated Milan, which was taken over by the Italian $10,900,000 group to before 10 whether 9 Months Ended Sept. 30— 33,653,074 Dr2,578,156 Dr2,717,202 outstanding preferred stock. stock in exchange for its presently stock on a share-for-share basis preferred $(5 dividend cash a and 7% Corp.—Stock Offered-— Peter Morgan & Co., New York, on Feb. 8, publicly of¬ fered 60,000 shares of common stock (par 10 cents) at of during Winkler Dr. linked was Feb. American Edison bonds of the Credit fact at the as by reorganization Societa a economist corporation, own corporation $ ——— heavy necessary Commission has authorized this company to 4%>% preferred stock (par $100), for the pur¬ Power of shares 82,011 Kentucky of years deductions subscribe Plan. invested tion this facility joint & rents be per 148,055,343 Equip. later not company's will feasible. the the on Societa The 202,034,565 193,199,803 by payroll allowed to one-third to $ 16,416,971 the financing 104. Winkler, Public This had 23,272,308 253,786,391 268,174.957 accruals-—— tax $ $ 21.701,281 - for was Newark, N. J., on is to determine and Marshall was 15,731,261 Railway oper. revs Railway oper. exps,_— in guaranteed was although 3949—12 Mos.-. -1943 1948 1949—Month to be paid No employee equal 171, .p. acceptance of 8,919,344 Rlt.—Earnings— is hearing Max than Central Illinois forward 464. p. of refunding presently with Harvester years. equitable 10% Period End. Dec. 31— Ry. 12,390,932 18,245,037 13,162,955 171, p. 558. funds these receive public The company has offered the new throughout time sales fi¬ provide the major part of the business." the company had subscribed $15,000,000 of the capital stock. Since its establishment and up to to reorganize The Dr. - 18,670,541 224,914,693 208,578,787 15.922,689 177,970,014 173,954,158 1,806,967 28,699,642 22,233,697 20,924,694 15,441.412 2,899,265 revenues— banks and emphasized by to amount Government Operating to carry our stock hearing a Smith. the 18,720,157 225,624,330 209,111,984 49,616 709,637 533,197 20,989,918 65,224 171, to additional institutions 1,200,000 shares of common stock, at a available to employees having two total opinion Illinois Bell Telephone Co.—Earnings— In order Keystone Steel & Wire <!o. —Earnings it' Period End. Dec.31— other made The Italian V' and supplementary President, an wages.—V. ac¬ par). Operating revenues McCaffrey, banks expects company 1950: program, Federal The , pose 1949, 12,368 of four a A trust certificates for 16,153.4 to voting relating of mid-year.—V. International Power Securities Corp.—Plan Backed— 2025. p. City March Kansas Gas & Electric Co.—FPC Authorizes Stock— $1,732,775 than in stock 94,661 subsidiary, began opera¬ a for were 193,145 Huntington Hall Corp., Pliila., Pa.—Files With SEC— George E. Roosevelt, Ernest L. Davis and Clayton McElroy, Jr., voting trustees, on Feb. 9 filed a registration statement with the €>EC 87,560 L312,633,000 318,371,000 Corp., employees, or 17.6% of those eligible, approximately 674,000 shares of the company's common Employees' Common Stock Subscription Plan author¬ stockholders last May, Mr. McCaffrey reported. Under the by 365,736 170, Kansas 1949, under ized 155,544 represents $39,772 local As a part of the $36.12 46,000 during year L. loans of $4,822,500 were negotiated. holding company liquidation plan referred to above, The United Light Rys. Co. will invest $5,000,000 in common stock of the company. Operating $558,312 of $38.68 $123,000,000 31, authorization — tDeficit.—V. 574,356,000 541,701,000 John company In .December, 1949. & Other or "'Accrual 18,000,000 —50,000 Credit holding of a Subscriptions Under Employee Stock Plan— $1,424,438 Depreciation and deplet. cruals. 13,000,000 the Credit Corporation had handled for the company in in notes of dealers, distributors and customers. it had borrowings outstanding of $47,000,000 from 1949, of Oct. 39,772 income in 31, Corporation's 41,183,753 charges Net of continue Oct. of 177,040 taxes Fixed 7,480,000 559,701,000 1949, for the purpose of providing sales, in addition to that afforded thousands country As 34,248,323 -. — Other 65,384,000 stock common institutions. nancing needed $46,547,419 - and old- Unemployment 245,386,000 85,143,000 7,918,000 stockholders of part a 241,451,000 268,350,000 —— company Harvester 26, time financial $1,390,001 ——— than to employees International tions of number be longer financing by the company in major no construction - number of employees Average 10,416,714 taxes—__ is temporary bank The invested share per subscribed Net *U. subsidiary to Total compensation 9,654,819 --—--- There 112,111,000 companies-- —- will no -J:; system. —225,945,000 assets the company 353,562,000 banks. $11,841,152 $36,329,249 the 113,065,000 - & Rys. Co. It is anticipated that this offer will be next two months. After this distribution is com¬ Light within 45,830,000 1949—12 Mos.—1948 1949—3 Mos.—1948 $11,044,820 United made the SEC on Jan. 10, 1950, contemplates stock of the Kansas City company will shares, of which 1,904,003 shares will be by stock 54,821,000 : subsidiary capital value Oct. (& Subs.)— Earnings— ' revenues 1.68 1.80 1,472,589 $4,413,537 The United Light & Rys. Co. and offered to its share¬ price yet to be determined on the basis of three shares of the Kansas City company for each five shares of a common $3.92 1,584,809 $4,501,714 common ],006,748 to by at holders 45,799,000 equip. assets in Approximate excess Period End. Dec. 31— acquired 50,459,000 taxes— & approved outstanding outstanding At Gross the The $5,886,125 — — increased be 171,086 $6,086,523 plan to liquidate The United Light & Rys. Co. and Continental Electric Corp., which hold the common stock of the Kansas & 339,010,000 current payable Credit 2436. p. $5,715,039 90,005 — — income issue Sales Dropped 21.8%— $1,620,417 — $4.36 — 587,356,000 the Sales 32,627,000 28,524,000 share— common local liabilities. Miscellaneous S. Government and 'Howard Stores Corp.—January $5,996,518 — company, by Net $138,467,904 cash 27,155,000 - share—. assets Current Investment a year earlier. Including agents' balances of > Government bonds as of Dec. 31, 1949, totaled 4160,350,176, or more than 50% of total assets. Invested assets at book value were $241,957,089 and at convention values were $261,467,837, an increase of $11,468,050 over the previous year. On the basis of actual market values as, of Dec. 31, 1949. con¬ vention value would have been increased $1,621,576 to $263,089,413. Surplus to policyholders amounted to $121,367,387 at the 1949 ytar<nd, compared with $93,837,115 a year earlier. ; Reserves for unearned premiums were $146,128,831 contrasted with $141,729,267 at the close of 1948 while reserve for losses were $30,€90,845 compared with $33,879,862.—V. 170, p. 2436. total the business in use Property (net) record level of obligations of $110,418,553, a total of $145,979,762, which compared with cash of $31,027,607 and U. S. Government bonds ■ of $107,440,297,' a <14,370,414, per and state, for common per Current 10 previously its at the $32,899,691 increase of an 1949 1949 31, retained dividends Less:; full year's operations and marine insurance companies. affiliated fire 55.679,000 28,643,000 — Expenditures for land, bldgs., machy. Summary of capital invested: „ a income Federal, Earned premiums also rose to a new high record in 1949, amounting to $156,349,236 compared with $132,335,796 in 1948. ; coyer 61,270,000 — paid Net income . the previous record year. to in 22,504,308 — deductions.—_—_— income Net that 50,481,000 - income income net income pleted, The Home in 1949 totaled $160,748,800, increase of $26,001,086 over the total attained in 1948, 1949 is the first into The Home 23,681,550 (net) income Gross Gas v mium written by for 1948 1949 $29,678,068 $28,219,347 expenses income Operating The $ and - received miscellaneous Dividends issued publication by Harold V. Smith, President, net pre- report Light Co.—Earnings— revenues. operating Other of cording to the 97th annual report of the company .'The operating Total Jan. 31, '48 360. p. City $908,910,000 in dividends From From Co., New York—Net Premium Written and Earned Premiums Reached New Highs in 1949—Ac¬ an Total 1948 1949 . taxes): Home Insurance for Jan. 29, '49 $13,087,573 $12,696,246 $11,273,741 Kansas City Power & Highlights $ income Net 1395. p. Up 3.1%— Jan. 28, '50 ——— Year Ended Dec. 31-— Total From Net -V. 171, —V. 1948. for doubtful prov. — sales Retail as increases International Harvester Co. (& Subs.)—1949 Other Four Weeks Ended— 14,798 — interest & sundry inc. Other The reserve for general contingencies stood at contrasted with $28,835,000 at Dec. 31, 1948. in capital, surplus and voluntary reserves produced a policyholders' surplus of $163,044,000 at the end of 1949. The increase in policyholders' surplus amounted to $34,208,000.—V. 171, in $43,044,000, $1,170,341 Jewel Tea Co., Inc.—Current Sales decrease a to $18,000,000 by the declaration of a 20% stock the stated surplus was increased to $102,000,000 from Also, Monday, February 20, 1950 and claims incurred for the year of $1,587,000 under the corre¬ expenses showed CHRONICLE year $85,000,000 1948 1949 31— ___ ____ FINANCIAL & sponding- figure for 1948. -i The underwriting and investment profit, together with appreciation in market values of securities owned by the companies, contributed to an asset total of $386,994,000 at the end of 1949. This represents an increase of $53,440,000 over the consolidated assets of 1948. The Insurance Co. of North America increased its capital at the $600,887 $263,543 — Underwriting year. $134,044,000 of 1948 1949 31— ' Federal COMMERCIAL THE (752) been exchange charged to Net sales Net profit after taxes-. con¬ Earnings per —V. 170, 1949 „ 1948 1947 1946 $12,677,054 by are recorded company), Lakey Foundry & Machine Co.—Earnings— Year Ended Oct. 31— p. com. 3 083. share $15,450,032 $14,868,766 $8,823,010 860,077 $1.75 1,268,073 $2.58 1,077,635 $2.20 217,100 * $0.44 Volume 171 Number 4883 Leath & Co. (& THE Subs.)—Earnings- Mississippi Years Ended Dec. 31— Net sales. Profit Other from Net (net)_ before Provision The 8,950,302 9,579,102 Power operations.. income Profit 1948 $10,753,930 sold and expenses $678,883 430,454 for Federal Federal income inc. tax $1,109,337 595,000 $654,337 cumulative Common preferred dividends Earnings per —V. 166, dividends— — at is $6.04 N. Approximately new-type to be bins. Buffalo plant mill, 14, to filed with the cash Federal last originally the in units 1950," Mr. Bowen outlay The around will be remainder brick April for will construction be for spent share cr an of Gross Proceeds the Buffalo said.—V. mill Net 1. 170, full at capacity right three application filed last promissory Public to SEC 1949 from railway railway income from Net 1948 1947 The $732,959 $486,308 301,961 342,444 Proceeds 87,966 accordance stock 5,675,366 8.557,750 8,319,807 amount sold Jersey sale 171, 4,080.661 4,252,404 2,683,385. 528,613 1,490,972 1,656,799 "We have withheld the action something might be worked out it so feel could we The off pay can wait Co.—Earnings— 1949 company The both great as company operates 171, Nothing longer." and the RFC foreclosure weeks proceedings in earnings after taxes Earnings per common share in Inventories the concrete has resulted, and have estimated $30,000,000 as to that the Working to foreclosure rent big prefabricated housing plant in Columbus, a Dec. capital 31, $137,564,415 9,001.527 9,$81,331 ' $4,46 1949 were $1,065,142 up number of stores declined in to operation $4.76 $18,149,242, re¬ (218 at year-end). slightly $38,289,779, including $20,140,537 Government. liabilities Earned addition were surplus of cash and securities. government Cur¬ Period End. Dec. 31— Gross 1949—3 Mos.—1948 income oper. be sold its to 31, 1949 was $36,668,038, reflecting the $4,729,993.—V. 171, p. 697. Muter Co., 1949—12 Mos. —1948 $220,771 $831,129 $718,578 78,496 109,745 342,294 326,844 A Other income. income $132,418 credits.. $488,834 of 22,714 chgs. 47,808 49.030 $537,805 account 111. 77,020 $158,835 account $468,753 (int.. etc.t 20,085 3,083 45,678 taxes 63,406 33,000 168,408 118,830 Net No. income $71,641 of shares outstdg.— $122,751 $323,780 $343,167 396,000 445,500 price etc.—V. 170, Utilities Corp. The above.—V. 171, corporation Total 171, Balance favored by more than 99.'/a% of the bondholders, $3,$9,500. The first mortgage bondholders of Mexican also approved the plan by about the same proportion.— —V. filed a registration of capital no 1949—Month—1948 be to oper. offered 171, ' $ - ,$ 129,194,024 47,615 41 132 546,320 503,239 10,535,317 128,647,704 113,149,134 8,962,241 101,894,076 93.950,614 13,100,591 (incl. Federal income taxi charges cumul. on construction and ©per. Net 8.804,400 . taxes! 1,115,976 924,476 operating Net 1,226,653 649.600 13,653,037 919,978 470,052 10,887,164 charges 171, p. 361. have 1, been 1950 total; drawn total a by lot redemption for first $765,000 of $570,000 of the 3 %%:■, series mortgage will be and bonds payment on due 1969. Of at 105.75 plus redeemed accrued interest; $90,000 of the 2%% series will be redeemed at 101.84 plus accrued interest; and $105,000 of the 3%% series will be redeemed at 102.20 plus accrued interest. Payment will be made at the City Bank Farmers ^-V. 170, Trust Co., trustee, William Street, 22 York, N. New Y, 1298. p. Corp.—Plans Sale of 303,763 the corporation SEC that Peninsula The and they Power Consolidated expect Co. Commission to the in Electric Upper $1,357,296 Net have dispose their of future, near previously granted it stock Co. holdings 1949 1948 $6,460,715 84.736,392 7,319,101 5,466,980 $858,386 income £>r96,180 taxes announced was Upper Feb, on exemption of <60%) of the the sale from an competitive Upper Peninsula stock. two The selling companies will be application, the of name definitive terms of the proposed purchaser and the price to be paid, furnished by subsequent amendment. Consolidated states that will send telegraphic notice of the name of the purchaser and the price and spread to any interested person upon request, The application also indicates that the sale will also include 34,800 Ehares (17.4%) of the Upper Peninsula stock held by Copper Range St Co., an exempt holding company, and 11,200 shares (5.6% ) v will apply the proceeds from its stock sale in partial of outstanding notes held by The Chase National Bank of City of New York, and Middle West will distribute the proceeds of payment sale its The its to SEC tion.—V. stockholders has in scheduled a accordance hearing its with for Feb. in plan 21 of liquidation. the upon applica¬ 1950—Mcnth—1949 Bales $1,602,784 income $15,899,540 the were this charges . for - share of the a total A offices plant The for in and $293,484 states. Feb. 1949 made by plan, the firm's profits of 15 offices 16 to the of company was under the the checks Feb. 16 quarter of 1949. employees at 28 plants affected work at the and main 52d 171, year, approximately the spring same have 99 that for as 1, the proceeding profit-sharing consecutive p. of its 465. stores in operation and payment profit-sharing 1,245,000 $1,645,552 shares 1 (259,120 $4.90 $6.35 7,680,273 8,152,754 1,426,112 1,573,804 'T,254,161 assets land, buildings and 6,578,950 equip.— 3,206,265 stock of preferred and stock 5,101,103 Kinney Manufacturing Co. December the 9,424 of Boston, acquired company shares and Manufacturing Co. 3,200,344 5,854,495 of stock common 3,500 of the representing 287c and 947c of voting securities of that- New York Chicago & St. Louis . for announced was of the first Feb. on units of Pullman-Standard that 10 this $3,000,000 a Car which at that the de¬ passenger 171, cars 697. p. The corporation Commission for has value no par stock par new filed authority in place application an change to stock common of its and each share of the York $25 of stock the value par S. P. common shares two the New value par issue new stock outstanding. application also increase proposes an and common stocks, in equity capital which will company's construction program. order future be The to with $25 to be stockholders held in will vote on in authorized facilitate to required these the in proposals the at a pre¬ raising connection with special of the meeting March. Partial Redemption— The corporation 4.50 % cumulative demption price will redeem preferred of $103.25 Oper. Non-oper. Income 31, Payment will be 1950, at 875 the made shares sinking at of fund Chemical p. its re¬ Bank 2586. Corp.—Earnings— 1949—3 Mos.—1948 $5,423,860 revenues rev. March share redemption agent, New York, N. Y.—V. 170, Period End. Dec. 31— Operating on stock. per 5,202,374 expenses income— 1949—12 Mos.—1948 $5,530,336 $18,963,396 $20,707,890 4,968,327 18,284,160 18,438,721' $221,486 $562,009 $679,236 12,650 11,580 44,524 45,267 $234,136 $573,589 $723,760 $2,314,436 income income._______ deductions— $2,269,16a 321,047 292,494 1,250,551 1,153,060 *$86,911 $281,095 -$526,791 $1,161,376 four company's corresponding period the three 25 Also Planned— the first for receiving is company order Manufacturing. Co.—V, New York Slate Electric & Gas Corp. — To Split-Up Shares and Change Par Value—Increase in Capitalization Gross $840,743 the RR.—Receiving Deliv¬ of Passenger Cars— It Net income Appropriated net income of or new time company will new of bds. 50,000 50,000 250,000 250,000 *$136,911 $231,095 *$776,791 $911,376 property— the whenever favorable Net income '''Loss.—V. situations- 170, 2028. p. ; Period End. Dec. 31— Parkin, President, on Feb. 15 announced that this com¬ acquired for cash all of the outstanding capital stock of Reynolds Wire Co., manufacturers of fine wire, wire cloth and meshes automotive, aviation, marine, farm implement, building and other industrial .applications with plants located at Dixon, 111. For the Co.—Earnings— 1949—Month—1948 $ Operating 40,072,616 revenues Uncollectible oper, rev._ 1949—12 Mos.—1948 <jj 36,357,476 442,988,542 119,613 1,508,802 , 403,518,277 1,242,458 151,545 jj> lor present, National-Standard intends to operate wholly owned subsidiary. latest annual net earnings, 167, p. reprrt of Reynolds Wire after all Reynolds Wire . Co. charges including as Co. . as a v of June taxes, of 30, 1949, $516,864.— 1047. . Operating Operating New < Net Net 171, 1949—Month—1948 $ Operating oper. 1949—12 Mos—1948 ' $ rev._ 14,087,791 173,484,764 159,203,234 54,663 48,558 349,652 354,916 Operating revenues Operating expenses- 15,522,737 14,039,233 173,135,112 158,848,318 12,174,183 11,824,978 138,322,123 135,138,764 1,487,380 939,512 15,845,256 10,386,151 Net Net —V. operating after 171, income 1,861,174 1,274,743 18,967,733 13,323,403 charges. p. 559. 1.174,100 701,515 11,190,941 7,147,755 36,237,863 441,479,740 402,275,81» 28,393,565 342,155,151 310,084,709* 5,737,721 4,668,986 60,322,783 53,378.814 income 4,288,075 3,175,312 39,001,806 38.812,298 charges—— 4,253,866 2,714,444 28,802,685 30,230,414 p. 697. Northwestern Bell Telegraph Period End. Dec. 31— $ 15,577,400 revenues Uncollectible $ 39,921,071 29,895,275 — operating after _. expenses Operating taxes —V. England Telephone & Telegraph Co.—Earnings— revenues Co.—Earnings— 1949—Month—1948 1949—12 Mos,—1948 s $ $ $ 9,004,582 8,339,282 105,030,150 95,752,995 rev. 25,358 19,507 249,612 225,824. Operating revenues— Operating expenses Operating taxes 8.979,224 8,319,775 7,104,448 6,774,135 104,780,538 79,826,387 73,797,374 898,317 848,340 13,024,235 11,418,560 976,459 697,300 11,929,916 10,311,237 781,807 518,426 9,791,436 8,883,585- Operating revenues Uncollectible oper. —_ distribution quarterly general 857,000 2132. 1949 1949, to open satisfactorily, 2,890,552 — for acquisition arrangements 1948 $18,622,574 issues, and 57% of the total company. Its principal products are mechanical high-vacuum pumps and pumps for the handling of viscous liquids.—V. 170, pp. 1601 and • advised that were, stated 14, starting Oct. fiscal year. Operating taxes the -total share H. has Co.; 2,128,632 respective fourth to those provisions said.—V. of received Minn. brought It announcement in the 4,100 Paul, payment $943,108. company distributed was About at St. this $1.92 National-Standard Co.—Acquisition— Walter Cck; & $1,271,632 New York Telephone V. Minnesota Mining & Mfg. Co.—Profit Sharing Payment 6,300 employees Feb. on fiscal Period End. Dec. 31— than 2,702,172 1950 its policy of opening new stores developed.—V. 171, p. 194. be & Morris & Co.— $15,581,337 income on ;— expenditures for of Kinney $25,881,128 1,855,757 taxes. continue can and Elkins, taxes New York Steam $1.26 and share President, current further will company for 1949 NOTE—In-November shares 1948 January— previous $howed $18,044,294 Co. surplus After 1950—6 Mos.—1949 $1,830,041 Dulles & _: taxes income. after per & Trust Co., 1949 common Marks, 171, p. 194. More Stock 1805. Marks The Miller-Wohl Co., Inc.—January Sales Off 12.4%— —V. the stores 171, p. 697. Period End. Jan. 31— after of of "earnings pany Consolidated the $826,774 $856,862 Aaron months by private individuals. taxes qn The Sales are the Federal income Operating Mr. According to the (Bale, including the $886,469 National Shirt Shops of Delaware, Inc.—January Sales affiliated. not : 13. application of the companies bidding. Middle West and Consolidated hold, respectively, 34,000 shares (17%) and 120,000 shares for Wurts, 1 — into 22 $22,958,523 Month Co. underwriting group are: E. W. Clark W. H. Newbold's Son & Co.: Bjoren Inc.; Co.; current $730,594 Dr28,061 deductions—net Sales advised in & investment in $1,601,648 Co.—Special Offering—A special of¬ 5,000 shares of common stock (par $4) was p. & $1,500,000 697. before Net Peninsular Gas & Poole sales Federal 303,763 National Cylinder Gas Co.—Earnings— 170, Peabody of ' the of Company, p. Profit ery surplus.. loss..,. & per amount $1,905,411 stock and __________ the New York income Kidder, by the New York Air Brake Co.—Summary of Report— ' Year Ended Dec. 31— Stock— This in $800,000 to pay off existing bank loans, working capital for construction expendi¬ reimburse ' members Earned Exchange on Feb. 10 by Goldman, Sachs & Co. and Piper, Jaffray & Hopwood. The stock, offered at $38.50 per share with a commission of $1 per share, was oversubscribed.—V. 170, p. 2585. Earnings West $100.19 used ferred Net Of¬ 1. be facilities, new to and (jointly will assets National Battery —V. Middle Hutzler, & Year Ended Dec. 31— - . on the year issue of 20,000 shares of 4.05% ($100 par value) at $101.25 liabilities $1,661,059 _i——______ State fering of New has authorized during the stock stock Airlines, Inc.- -Earnings- Joss made Michigan Consolidated Gas Co.—Partial RedemptionThere March this Net 7,625,528 income of balance & 171, Net -V. 170, p. 1601. 9,127,383 alter —V. 11,147,029 7 the Stroud no Operating revenues ©per. expenses Bros. White, Weld & Co. Current $18,632,146 $17,680,319 15,402,171 14,343,955 1,568,916 1,430,952 _■ pid. dividends - expenses and 1950,' the February, in common The shares were awarded to the competitive sale on Feb. 14. PURPOSE—Proceeds Net .£ dividends....--. revenue income Federal of dividend stock were $100.5544 by Drexel & Co. by Kuhn, Loeb & Co. and Lehman Brothers (jointly). Bids were $101.40 by W. C. Langley & Co.; $101.0379 Current 10.071,137 rev.,: Other the $4.05 the 188,295 common Net operating 113.652.373 with 15, 1990. competitive bidding. of advances from at dividend stock Salomon and livery • 10.577,449 parent 1948 559. p. Operating Operating 11.194.644 for stock¬ with to 1949—12 Mos.—1948 S Uncoil, statement underwriting. stock 6 Mos. Ended Dec. 31— revenues by for $17,492 023 before for sale group new a group at $100.03 from 464. Period End. Dec. 31-- and for $4.10 53,000 are 1949 other National Michigan Bell Telephone Co.- -Earnings— Oper. shares $18,378,281 declared Balance p. covering revenue.. expenses and Dividends Co. plan was 388,500 against V. 14 earnings.____.____ gross Interest The first mortgage bondholders on Feb. 14 approved the "plan of Arrangement" affecting the security holders of this company and its subsidiaries, Mexican Electric Light Co., Ltd., and Pachua Light & Light Feb. on income Operating Electric 13 50,000 Sept. 30— operating Other Mexican Light & Power Co., Ltd.—Plan Approved— The Feb. on which President, and of 253,865 Gross 559. p. com¬ Power & Light Co.—Preferred Stock Net '* Power SEC Muter, 3,000 shares are for underwriter, who will be Dempsey & Co., Chicago, will he filed by amendment.—V. 171, p. 559. SEC covering 2,000 shares holders only. There will be 2121. p. Metropolitan Edison Co.—Financing Program Cleared Public the 50c.I, Narragansett Electric Co.—Earnings— by Securities and Exchange Commission—r General with (par F. the 9 Months Ended See stock Leslie 396,000 445,500 ^Including depreciation, depletion, of 697. p. public bids Schmidt, Mutual Shares Corp., New York—Registers With SEC 6,755 Fed. & foreign inc. The of of filed was common the $391,733 $155,131 Total Other $111,026 shares Chicago—Registers With SEC— registration shares the Net operating Other Other Dec. for Commissioners also $20,000,000 underwriting the offering V. $210,913 additional Co.—Registers With SEC— offered Public Utility of 171, tures. $12,584,566. at Maracaibo Oil Exploration Corp.—Earnings- •Operating charges 140,000 share to* yield 4%. per 1948 $141,310,518 : from $25,960,330 to $25,705,213. Investment in property and equipment of $6,661,000 exceeded the pre¬ vious year's total by $1,468,000. Total current assets at Dec. 31 were 6. p. at flecting the increased we no might result in losses Ohio.—V. start several ol Co. applied toward repayment & Telegraph Co., parent, which are outstanding approximately $18,000,000. These borrowings are with established practice and were made for general cumulative preferred Year Ended Dec. 31— hope that get the company onto stable ground to debts. its to for Power headed by Smith. Barney Co. and Union Securities Corporation on Feb. .17 offer¬ & Net legal staff the Federal District Court in Ohio. $3,500,000 England be New Jersey ed said:: our per of additional an fered—An 936,808 105. p. be to are to or Board of 1950.—V. 5,983,312 2,055,535 __ ordered an $25 Telephone the 73,277 72,325 Sales spokesman off for 10 filed a registration statement of 40-year debentures, due March Feb. on would in 216,868 oper. ry. (G. C.) Murphy Reconstruction Finance Corp. on Feb. 14 ordered foreclosure proceedings started against this company, which owes the Government have the issue $15,0G0,000 debentures American 1946 $718,225 Lustron Corp., Columbus, O.—RFC Orders Foreclosure The RFC par, pay to New for 465. p. " "We used of sell corporate purposes, including construction additions and improvements. The prospectus states that, in addition to $30,000,000 of common 116,422 125,513 171, company covering From Jan. 1— —V. An be and cf Boston), $20 authorized by the Massachusetts Depart¬ New Jersey Bell Telephone September, Mis¬ $409,469 railway railway oper. income ry. Net $37,500,000. issue to stock, common 2'/4%, notes, Utilities stock.—V. The stations new from Gross through 1701. p. of authorization Elc-ctric S?stem (both its of company has also been ment mon and additions totaling 3.000 horse¬ previously authorized stations.—V. 170, p. 2333. from Net is shares aggregate of $3,500,000. from the stock sale will short-term The SEC parent, Ne-y England 140,000 in erec¬ work Construction garage. its to 5 Power Co.—Stock Sale Authorized— has received company additional Monongahela Ry.—Earnings- one of the largest cement plants in the com¬ produces about 2,500,000 barrels of cement a year. run in two to power December— this and completed pany's chain of "We of load.ng concrete-block a scheduled The $100,000 cement of New England planned to increase the daily sales capacity of its system to 328,000,000 cubic feet by the installation of 13,000 horsepower in com¬ President. tion FPC sissippi is spending approximately $150,000 for new facilities Y., plant, according to J. C. Bowen, Executive Vice" company Buffalo, seven proposed pressor This Earlier (753) built As Lehigh Portland Cement Co.—To Expand Facilities— t application an previously authorized stations. The seven new stations are to by a third party at an estimated cost of $5,400,000 and leased to Mississippi. The compressor facilities to be added by Mississippi to its existing stations are estimated to cost ,$1,351,000. 2420. p. in two be 290,948 $4.05 Corp.—Amends amended plans to install compressor units totaling 27,000 horse¬ new stations, and additions totaling 5,000 horsepower company in 53,397 . 297,052 Commission power $950,286 52,395 . share— common Fuel CHRONICLE This corporation has The $1,545,280 455,000 profit $2.50 370,51.2 tax FINANCIAL September, and is now proposing to increase the daily sales capacity of Its natural gas transmission system to 375,000,000 cubic feet by installation and operation of additional com¬ pressor units in Louisiana, Arkansas and Missouri. $1,174,774 __. for prov. River & Application— 1949 $9,029,185 —— Cost of goods COMMERCIAL Net Net —V. operating income after charges :__ 171, p. 363. 95,527,171 THE (754) 6 record'Nov. 16,1949,'subscribed on or before Dec. 16,1949, 31,119 shares out of a total of 53,372 shares (par 500 each) offered them at $2 per share on a four-for-five basis, and the unsubscribed 22,253 shares were publicly offered on Feb. 7, 1950, at the same price (less 200 per share commission) through Harrison & Co.; Bioren & for will proceeds The working used be to capital.—V. p. George E. Roosevelt, Ernest L. Davis and Oliver J. Sterling, voting trustees, on Feb. 9 filed a registration statement with the SEC relat¬ ing to voting trust certificates for 29,140.6 shares of common stock par).—V. (no 1452. 150, p. Potomac Edison Co.—Definitive Bonds Definitive Y., V. 171, first collateral and mortgage for 1949—12 Mos.$ 1949—Month—1948 Period End. Dec. 31— $ $ 9,258,115 117,618,897 105,380,300 24,885 372,340 .255,343 10,319,376 7,196,337 1,582,821 revenues Uncollectible oper. rev. Operating Cost $ 10,359,099 39,723 Operating 9,233,230 117,246,557 105,124,957 7,139,063 83,141,893 79,062,724 1,155,163 17,383,957 13,812,605 of Other Operating Operating expenses taxes charges after 171, —V. 1,540,218 939,004 960,829 12,249,628 12,325,166 16,720,707 1,555,895 income operating Net Net revenues 16,680,012 Net 321,909 273,699 1,282,226 1,137,906 553,873 469,827 1,940,217 1,676,907 195,500 Cr36,000 812,100 550,000 income $827,619 $578,963 $3,082,043 $2,462,677 (net) Drl0,096 7,219 Dr28,802 28,458 $817,523 $586,182 $3,053,241 $2,491,135 taxes operating income income Gross 188,179 202,749 788,419 728,353 $629,344 $383,433 $2,264,822 $1,762,782 84,660 84,660 341,700 341,700 $544,684 $298,773 $1,923,122 $1,421,082 $0.58 $0.32 $2.04 $1.51 Interest, etc., deductions Net received SEC authorization to make bank bor¬ rowings from time to time prior to Dec. 31, 1951, in the aggregate amount of $18,000,000, the borrowings to be evidenced by notes matur¬ The has company Feb. 10. months from the date of issue, it was announced on ing nine borrowings of $4,000,000 from Irving Trust Co., $4,000,000 from Guaranty Trust Co. of New York, $3,200,000 from Bankers Trust Co., $3,200,000 from Mellon National Bank & Trust Co. (Pittsburgh), $1,800,000 from Central Hanover Bank & Trust Co. and $1,800,000 from Chemical Bank & Trust Co. (all of The York New Mellon i. except proceeds the Of 10, 1950, $7,000,000 initial borrowing on or about would be used to repay an outstanding bank The balance of such borrowing and $5,000,000 in such latter amount. therefor arises will be temporary financing of construction expenditures.—V. 171, subsequent borrowings as be made as the need to requirements— Balance Tarns, com. share stock per "Based now on company, received authorization SEC sell to and convey 364. filed an application with the Federal Power Com¬ mission in connection with the proposed sale of an electric transmission line and substation to the Department of the Interior through the The -Earnings— Southwestern The asked company jurisdiction over the approval of the sale. facilities The from Brown to Operating 1949 for total order disclaiming the alternative, for declaratory a transaction, in or, of price sale $530,000.—V. 171, of the and line substation —V. The company 125,000 Feb. on shares will of be filed 14 The proceeds will be registration a stock common supplied by $5). (par amendment, 6,934,362 $804,817 $716,512 46,570 46,576 the $851,393 $762,694 695,723 690,507 669,756 $278,483 $160,886 $92,938 income. gross 1703. used to retire bank loans.—V. 171, V. the Continental Illinois National South La Salle St., Chicago, 111.— will Payment Trust & 168, price. be made trustee, 231 Co., at Pacific Coast Aggregates, Inc.—Loan Placed Privately Life Co. Insurance York New of on 4% a proceeds were used working capital.—V. 170, p. to bank repay . additional Cost 12,974 10,308 $3,309,255 and of operating the company's For the 419,092 net standing prior 1949. 27, Dec. 31, income in 1949 the were largest $3,174,364 to the to $8,773,172, split two-for-one share per which became up, operating revenues 1948 operating revenues of $34,146,731. stated that the $2,272,360 were effective ahead on of,the income for 1948 was $8,- Net the of record William volume total of G. Maguire, sold, gas Chairman, 186,104,431,000 cu. the the subject to approval of the Federal Power Commission, for Trunkline Gas Supply Co. to construct a pipeline from its sources of supply in Texas and Louisiana natural of point a Illinois. Tuscola, ft. to reported that will Trunkline gas day per the pipeline Eastern's system near make delivery there of 250 million Panhandle to arranged, has company Panhandle on 14,706 Eastern. part As. a $24,863 68,181 plant property, of cu. this directors action 53,399 equipment and : tificate Feb. on stock, The dividend. common prohibits until year of $5 April 12, 1949, and of holders to 3 provision A declaration of a a share is paid $5 distribution March dividend a $5 of share of the outstanding shares of each 60 7o share per the in preferred stock cer¬ dividend on the common stock the preferred stock. made on the common stock in on expand to proposes $14,750,000 this total A have of been March Brook Service Water Corp.—Partial first $107,000 by drawn 15, 1950. lot mortgage at bonds, redemption for Payment 102% and 27/8% series the for accrued due 1976, fund on sinking interest will be made Guaranty Trust Co. of New York, 140 Broadway, New York., 165, p. 342. at N. Y. —V. class of stock of Trunkline Gas to enable facilities existing its it said the report, Panhandle Eastern program, and transport to at a sell cost the of gas approximately expected to be purchased from Trunkline Gas Supply Co. Expenditures The $19,000,000. during for proposes company involving 1950 construction new Seaboard Air Line est'mated cost an of approximately cu. ft.—V. 171, bonds gage tained. The the Pennsylvania RR.—Bids for Equipments— V. 171, p. series Y, trust lease will and by Girard Trust issued be under Co. equip¬ l, 1950, under which $10,620,000 of equipment trust certificates previously have been issued. $10,200,000 of equipment trust certificates now being offered for dated agreement Jan. The eale will to be constitute issued outstanding Y, trust The second the the aggregate issuance series the under and said final lease instalment of and agreement, such upon Bids principal amount of equipment trust certificates, be $20,820,000. will equipment is must of 1950.—V. received be the Philadelphia 4, 171, provided satisfactory terms could be ob¬ authorized payment of the sinking funds on also general mortgage bonds of the general of America on mortgage bonds estimated to cost not less than $26,025,000, Pa., p. at or office the at at company, of Geo. H. Pabst, Jr., Vice- 1811, Broad Street Station Bldg., 12 o'clock noon (EST) on March 1, room before 560. the company as well payable May 1, 1950.— Corp. Wholly-Owned (& Subs.)— bids were by received the Attorney units 171, 1950 $1,757,432 $1,833,110 332 ; in 327 operation 1949 196. p. (at the Alien Lanigan cago, of Washington, $1,358.00.—V. 171, D. p. C., $2,072.42; 7. and John Krafcisin of Chi¬ redemption to expenditures all of of the gas loans, construction. for is company bank the in primarily engaged within States the distribution New Texas, of Mexico and will completion financing the the of outstand¬ bonds; the $18,000,000 first mortgage consist of the 30,000 shares cumulative $1 Jan. 27 preferred stock; stock ipar $1), 4% % new common 131,605 shares and 1,498,579 $1) (par Offering—A secondary offering was made & Co. and Bear, Stearns & Co. of stock (par $1), at $22.50 per concession of $1 per share to dealers. The oversubscribed.- Secondary on ol' preference stock by Allen 80,000 shares of common share, with offering the a was Purchases SEC stock common of cise of being $17.50 price Wofford Cain Moor shares of of through Co. (Dallas) by the company, the the exer¬ subscription share: per shares, (Dallas)—7,466 (El authorizinf orders number specified Gas issued warrants of issuance the of Union Southern purchase the following the by Approved— announced have purchase Paso)—17,658 shares. Murchison, Dabney (Dallas)—6,422 shares. Jr. 1 Dallas) Murchison Southwestern shares.—V. 171, 6,871 Co.—Stock Service Public 698. p. Oversub¬ 168,729 shares of common stock offered, of record Jan. 18, 1950, a total, scribed—Of the stockholders to common 160,505 shares were subscribed for through pre-emp¬ tive rights, and an additional 106,245 shares were sub¬ for through an oversubscription privilege, with allotments the latter made on one-for-thirteen basis. a on Subscription warrants expired at 4 p.m. (EST) on Jan. 31, The offering price was $31.50 per share. proceeds program.—V. to are 171— p. Standard company's the toward used be construction 594. Accident Co.—Increases Dividend Insurance —Reports Gains— The to be directors paid 9 declared dividend a 40 of cents per covering $194,000 (non-interest vertible. share per of $714,331 the preceding over were paid during Common stock, rate. annual 1949. that net premium volume in 1949 was $36,546,167, the largest written in any year since the company was organized 66 years ago. This was an increase of $1,384,619, or 3.9% over premium writings in 1948, Surplus as regards policyholders amounted to $20,557,734 at the year-end, including a voluntary reserve of $896,124, an increase in such surplus of $2,434,205 over that of Dec. 31, 1948. The total assets of the company increased by $5,785,173 to $69,729,736 in 1949 and total invested assets (including stock in affiliates) and cash increased $6,126,784 to $60,521,769. The Standard reported a very liquid investment position. Out of H. Platts, total cash items of to and cash claims claim and fire owned and on bonds total the expenses of affiliate, the $1,637,700.—V. basis $61,200,972,' theat the year-end unearned for Planet the V. 170, issue income debentures due 1957 March 1, 1952) and 19,400 shares of which the debentures are to be con¬ into will The Texas. p. premiums, net wrote Insurance Co., whollypremiums of $1,779,550, Pilot Insurance 170, of amounted reserve the company. reported that marine affiliate, and of market a Government than also Canadian its premiums S. U. more or Platts Mr. reports investments and $45,648,353 and President, Toronto, of Co. wrote 695. p. be underwritten proceeds will by for be $1,500,- 000,000 Markto be increased during 1950, according to Arthur B. Wood, President, who at the 79th annual meeting held Feb. 14, also revealed that more than 48% of the assets of the company were invested in the United States and. that $1,690,000,000, or 40%, of the company's total business in force was in the same territory. Total life insurance purchased from the Life in of policyholders 1949 amounted to this $372,500,000, to are company being the largest amount written letter of notification with the SEC a convertible until $10), (par The Antonio, 10 filed 4% of bearing stock common share is cents 15 dividends Feb. on March 3, 1950, to common stockholders of record Feb. 20,. at the annual rate of $1.60 per share, an increase on This 1950. Sun Slick Airways, Inc.—Files With SEC— The corporation on Feb. Fridley & Hess, San corporate purposes.— during the year by any Canadian company, a record ol production which the Sun Life has held for several decades. The of assets the during the the Sun was 598. issued Mr. company the passed of Wood earned, 1871 also to more announced than a and half a $1,527,000,000. dollar mark Benefits paid by $114,000,090-— benefits paid out since the first policy high, bringing total in billion and now amount to Canada during 1949 year Life all-time an rate amounted to over $2,240,000,000. slight in increase the interest 169, p. 705. average the figure for the year 1949 being 3.48%.—V. Snoose Mining Co., Hailey, Ida.—Stock Sold— Regarding have we holders an been at par offering of 250,000 informed that this shares of stock only through Nov. 25, stock unsubscribed is now was 1949, common offered stock to in the hands of E. W. Sunray (par 25c), present stock¬ and that the balance of the McRoberts & Co., Twin in See The net proceeds are to be used for further development work at" the on of being prepared to list the the Salt Lake Stock Exchange.—V. 170, p. 2067. Society Brand Clothes, Inc. (& Subs.) Year Ended Oct. 31— Gross Net Earnings —'V. $6,820,859 after stock per taxes— share $7,547,945 156,661 • 345,839 266,880 outstanding 164, p. 732. 1948 266,880 $0.65 Oil Co.—Stock Corp. Tennessee Option on Sunray Stock to Atlas— above.—V. Gas 171, p. 196. Transmission Co.—Secondary Offering A secondary offering of 6,000 shares of common stock, (par $5) was made Feb. 14 at $29.87V2 per share by Blyth Earnings— 1949 sales income Common Atlas Acquire Atlas Corp.'s Holdings Oil Corp.—To Barnsdall Be Acquired by Falls, Ida., who agreed to purchase the shares unsold at that time. stock General Office) for the 1,358 shares of common stock up for award on Jan. 17, viz: Joseph McManus & Co., $6,464.08; Seymour Hayman & Co., $6,246.80; J. Lawrence & Crothers of Catasauqua, $6,178.90; Franklin & Co. of New York, $6,110.00; Hedwig Coshey of Detroit, $5,625.00; Rich Zirinsky of Brooklyn, N. Y., $4,416.00; E. J. Custodian applied and $100); mine. Phoenix Silk Corp.—Bids Received— Eight Property be will installment Dividends The necessary papers are now in process *. out¬ 594. sales their 1 President Feb. January Sales Off 4.13%— certificates and be equal, time Sun Life Assurance Co. of Canada—Assets Pass Shoe —V. requested bids for the purchase of all of $10,200,000 of equipment trust certificates, series Y, to be dated Jan. 1, 1950, to mature in 15 annual instalments of $680,000 from Jan. 1, 1951 to Jan. 1, 1965, both inclusive, and to be guaranteed as to principal and dividends by the Pennsylvania RR. The said equipment trust certificates, on has company stock debentures natural of shares of common company, board interest Retail ment 7 announced that the directors committee to proceed with refunding of the first mort¬ first mortgage and as RR.—Refunding Committee Formed President, the of Retail The Jr., "Month of Januarys-— 560. p. the bonds will on bonds at any one of benefit $100); $17,900,000, these expansion programs in the fall of 1951, Pan¬ handle Eastern's system peak day capacity will be increased to at least million Powell, had appointed a authority for these addit'onal facilities having been previously obtained. Upon completion of 800 R. the during 1949 were more than to construct additional facilities the (par stock R. April 12, 1948.—V. 171, p. 594. on Scranton-Spring L. with sale of on was Redemption— Co. connection In sinking fund The have will notes payable; 26,889 shares of 4% % cumulative 23,707 shares of 5% cumulative preferred stock (par 24. record arrangement Panhandle Eastern has entered into a contract to purchase Supply bonds, capitalization on Feb. per way for consideration of a distribution on board will meet again on March 6 to discuss the stock. declared 13 payable opened common possible a ft., 155,262,147,000 cu. ft. was sold to distributing companies for resale represented direct industrial and field sales. Maguire 3,134,795 13,388 (est.) $11,047 of above__ preferred This and 30,842,284,000 Mr. preferred BUSINESS—The and The any 1,620,000 shares of common stock. on operations, year's 3,284,820 expenses taxes on income Canadian 170, p. 111. A Reviewing general adminis¬ profit The $36,- stock out¬ stock prefened new greatest principal amount further nance in after preferred equal 1,620,000 shares of common on The 166,655, or $4.70 selling, including St. Louis Southwestern Ry.—Declares Preferred Div.— total operating revenues were 1949, amounted share per and and included —V. earnings funds. Sub¬ March 6. on the scribed history, according to the company's annual report. to $5.08 Dec. and revenues year ended and dividends sold, goods Depreciation Earnings Reported for 1949— Total share in a of iacome Federal Record Revenues — and $17.50 at share for each 12 shares held. 1948 110. Pipe Line Co. Offered— which will require a total of $20,124,099. The balance of such proceeds, together with the funds derived form the sale of the common stock, wili be used to fi¬ $3,164,056 income Total Net Panhandle Eastern Stock and the and outstanding John 1949 $3,296,281 / J trative for and loans program the (& Subs.)—Earnings— sales Other note, due semi-annually to Nov. 1, 1961. The 1950 A Clint W. —The corporation late in 1949 borrowed $1,000,000 from Mutual of the Lee Four Months Ended Dec. 31— Net the 4 % 1908. p. Robbins & Myers, Inc. 363. p. bonds annual sinking The outstanding first mortgage 4% bonds due Nov. 1, 1960, called for redemption on March 15, next, at 100 and been Bank offering the 698. p. stock common new one to names with additinal of 46,182 $974,206 (net) the interest. the SEC covering of the under¬ with The along 8,126,504 $927,636 income from p. of have writers 8,376,760 and taxes expenses income 170, All Otter Tail Power Co.—Registers With SEC— the Stock 2028. p. 171, Gas Co.—Bonds scription rights expire Riverside Golf Club, Chicago, 111.—Bonds Called— approxi¬ is 1948 $7,650,874 income Deductions substation at Russett. a and extending line transmission 138-kiiovolt a scribe for $96,000 $8,931,321 income Non-operating Net consist revenue Gross Russett, both in Oklahoma, proposed mately FPC the proposed toward applied be purposes.—V. of Opcrat. Administration. Power will for load and for equipment are which $30,245,000 of funds, from available. It is expected that the Blair, Rollins & Co. Inc. The bonds were priced at 102% plus accrued interest and the preferred stock was priced at $104 per share plus accrued dividends. Concurrently with the sale of the bonds and preferred stock by the underwriters, the company is offering to its common stockholders of record Jan. 30 the right to sub¬ ing 1947 $9,304,396 has company corpoiate CAPITALIZATION—Upon Electric Co.—Proposes to Sell Elec¬ tric Transmission Line and Substation to United States— debentures the for are Colorado. Year Ended Dec. 31— The to Granite State Electric non-affiliated company, for a cash consideration of $154,415, properties and franchises of Public Service used or useful in the operation of its business in the towns of Enfield, Canaan, Orange, Hanover and Grafton, N. H., it was announced on Feb. 13.—V. 171, the p. financing, bonds Authorized— subsidiary of New England Public Service Co., has a $107,000,000 sinking fund of 3V'4 % of the aggregate par value of outstanding 4% % preferred stock is provided for. PROCEEDS—A major portion of the proceeds from the sale of a all to first mortgage sinking fund bonds, 2%% series due 1975, and 30,000 shares of 4%% cumulative preferred stock ($100 par value) was made Feb. 17 by two underwriting groups, both headed by standing. Queens Borough Gas & Electric Co. Oklahoma Gas & ol' other for Both outstanding.- Sale of Certain Properties This 560. p. income div. Co., the from Feb. loan applied Pfd. involves proposal proceeds expenditures 1950 about at equipment the ratio of Authorized— Power Co.—Bank Borrowings Ohio System's estimated previous Southern Union Fed¬ than income Non-oper. 363. p. 943,346 __ other Offered Be to Public offering of $18,000,000 1949—12 Mos.—1943 $3,555,512 $14,226,646 $13,437,087 1,185,041 3,962,440 3,366,412 1,083,982 3,743,648 3,647,157 $3,819,899 972,652 revenues income Federal series Hampshire—Earnings— 1949—3 Mos.—1948 power Depreciation eral Co.—Debentures A. T. Mercier, President, announces that the directors on Feb. IS approved, subject to authorization by the Interstate Commerce Com¬ mission, the offer to stockholders of record March 10, 1950, of the privilege of subscribing, at par, on or before March 31, 1950, for $37,727,600 of convertible debentures, due April 1, i960, convertible into common stock at $55 per share. and expenses Taxes, Operating Pacific Southern The 3'/»% 560. p. Period End. Dec. 31— -1948 Ready— bonds, now are Public Service Co. of New Ohio Bell Telephone Co.—Earnings— trust available at Chemical Bank & Trust Co., New York, exchange of outstanding temporary bonds of this series.— 1977, N. for and outstanding obligations 1806. pay 170, Monday, February 20, 1950 Stockholders— With SEC— due Co., and C. T. Williams & Co., Inc. additional CHRONICLE FINANCIAL & Pittsburgh Finance Bldg. Corp., Pittsburgh, Pa.—Files Racing Association—Subscriptions—Un¬ Ocean Downs subscribed Shares Publicly Offered—The stockholders of COMMERCIAL & Co., Inc., with a concession NASD members.- of 40 cents per share to participating Application Amended— $1.39 This the company Federal has Power amended Commission an application ajid (Continued is on now page filed seeking 40) last August with authorization to Volume 171 Number 4883 THE COMMERCIAL & FINANCIAL CHRONICLE Stock Record «» New York Stock (755) Exchange DAILY HINGE OF PUCES WEEKLY VOLUME OF TRADING YEARLY RANGE OF SALE PRICES FOR EVERY LISTED ISSUE Range for Previous STOCKS Year 1949 Lowest Sper share 37 Jun 1% Oct xl7% Jun 35 Jan Lowest $ per share 51 $ per share Dec $ per short 13 54% Jan 21 Abbott Laboratories 2% Feb 1 3 Va Jan 11 ACF-Brill 3 21% Jan 11 Acme Steel Co 23 Dec 21 14 23 Va Jan 11 Adams Express Co Jan 24 42'A Feb 14 Adams-Mlllis 49 Feb 10 Addressograph-Multigraph 25% Feb 11 Admiral 44% Feb Sep 47 Dec 43 Jan 13 19% Dec 17% Jan 3 46 May 18% Jan 97% Mar 2% 11% Dec 51% Dec 9% Jan Dec 51 4Vb 26 Jan 11% Feb 5 22% Feb 14 110 % Jan 5 23% May 110% Nov Jun 3 Jan 53 Feb 9 10 25% Jan Air Reduction Alabama 3% Jan 24 3 13 Va Feb 18% Dec 16% Feb 15 18% Jan 10 Apr 73 Sep 67% Jan 4 713A Feb 9 4 Dec 3% Feb 14 Vb Jan 11 Dec 78 V2 Jan 3 85% Feb 2 2% Feb Feb 64% Jan 17% Jun 82% 86% Dec 80% Jan Sep 83 July 93% 21VB Jan Jun 8% Jan 3 5 83'A Jan 165 Jun 15% Jun 104 Mar 210 Dec Jan 4 25% Feb Feb 6 24 94 Jan 27% 88 4 99 ' Feb 4 16 200% Jan 3 211% Jan 10 23 Dec 19 Jan 3 Feb 2 24% Jun 30% Oct 28 Feb 16 29% Jan 11 25% Feb 35% Dec 32% Jan 13 36 Va Feb 3 83% Jan 97% Nov 93 16 95Va Jan 3 9 25% Feb 19 Feb 21 Dec 33% 21% Inc 4%% EXCHANGE CLOSED 25% 1 50 11 Va 11 74 11% 53 53 $2.50 prior conv Allegheny Ludlum Steel Corp_No par $4.50 conv 31% Jan 13 34% Jan Allen Industries 102 Jan 18 113% Feb 3 40 V2 Feb 2 44% Jan 10 10% July 70 Dec 20 Jun 27 61% July x7% Jun 69 12 30% Mar 35 Jan 32% Jan 3 96% July 5% Jun 104 Jan 101% Feb 8 10% Jan 4% Dec 7% Jan 3% Jan 2% Jun 81 40 Jan 26 3 11% Feb 17 Feb 10 75% Jan 6 Dec 23 % Feb 16 Oct 64 Feb 2 Dec 10% Jan 13 9% Jan x69 16% 71% 71% 3% 3% 16% 16% 70% 70% 3% *81 82 *80 81 83 *81 83 *81 83 *81 83 24% 23% 24% 23% 7 26% Jan 67 Feb 15 11% Jan 7 *88 204% 207% 1,900 4% Corp Allis-Chalmers 6% American 6% 32% 33% 33% 33% 33% 33 % 88% 87 8,900 87% *86% 86% 86 % 800 35% 86% 35% 36 Va 35% 35 % 35% 35% 1,200 1 3% 3% 3% 3% 3% 3% 3% 3% 3% 31s 1,400 com 50 *40 14 Jun Oct 18 Jan 5 18% Jan 9 Mar 82 Jan 3 86% Jan 23 10 common *66% 67 10% 34% 2 No par com 100 Inc *101% 17 American 17 3%% 21 American 10 % 10 10% 10 1074- 10% 69% 69 10% 69% 69% 70% 25 25% 24% 25 23% 24% 67 67 67 67 67 25% *66% *69 11% 10% 11% 11% 13% 12% 13% 34% 34% 34% 34% 34 34% 103 *101% 103 *101% Highest Feb Oct 6% Jan 6 7% Jan 30 American Feb 19% Dec 18% Jan 28 19% Jan 12 American Jan 21% Nov 20'A Jan 3 24% Feb 4 1% Jun 3% Dec 2% Jan 3 3% Jan 11 44 Jan 6% 8% 9% 30,300 5% 113% 113% 4% 112% 112% 4% 112% 43,200 113 113% 187% 111% *186% 187% 112% *186% 187 % 186% 186% 29% 28% 186% 186% 29% 29% 30% 230 29% 30% 78% 76 29% 76 30% 78 78 II,300 78% *77% 79 500 *186 29% *76 25% 49% 25% 24% 49% 25 % 49% 19% 19'/a 49 *19% *18 18% 18 *36 87% *86 19% 18 87% 247/a 25 25 2418 25 2,200 49% 49% 50 50 19% 19% 2,200 19 19% 600 18 18 18 13 18 18% 87% 1,100 86 86 *86 87% 60 52% II,900 *86 51% 51 Va 119 Via 20 34 34 33% 34% Feb. 11 $ per share Encaustic Tiling—1 _No par European Secur American Export Lines Inc__ > *23% 3% *34 10 Jan 3 19% Jan 10 54 Jan 3 64% Jan 11 45% Oct 51% Dec 49% Jan 3 54% Feb 3 Jun 43% Oct 39% Feb 9 42% Jan 18 American Hawaiian Oct 4% Jan 3 5% Jan 12 American Hide & Leather $7 preferred _ 3 % 3% 68% 18% 59% 60% 6,600 59% 59% 58% 59 59 % 59% 53 Va 53% 2,300 53% 53% *39% 9,700 40% 40 *70 10 SS Co__ 10 53% *47% 49% 33 Va 33 Va Jan 13 15% Jan 9 6 22% Jan 12 American International Corp.No par American Investment Co of 111 1 18% Jan 18% Feb 15 Feb 16 9 *7% 4 Jan 84 Sep 78 Jan 4 5% Jan 3 4% Jun 22 % Jun 33% Dec 323a Feb 96% Jan 105% Nov 7 Oct 104% Jan 6% Jan 7% Mar 8 H Amer Machine & Metals 6 34% Jan 11 American 3 105% Feb 6 5 7% Jan 7 5% Jan Nov 33% Dec 29%. Jan 13 32 Va Jan 5 Feb 36Va Aug 34% Jan 25 36% Jan 28 Jan 3 19% Feb 15 100 Feb 32 Dec preferred 6% Jan 84 28% 15% 7% Amer Mach & Fdry com 3,90% preferred 16% Feb 10 __ 4% % Metal Co Ltd American News 1,800 *47% 49% *47% 49% 33 % 8 8 8 8 90 *88 ■> 8 *88 90 33 *7% *88 33 % 8 *89 15% 1574 15% 15 Vb 15% 21% *21% 21% 21% 21 % 17% *90 17% 91 17% *91 18'% 92 % 18% 18% 18% 92% 18% *91 91 91 15% 15% 15% 15 % 15% 15% 15% 15% 83% 83 83 84 84 84 84 *6Va 32% 1 *6% 6% 32% 106 7 6 % 33% *105% 6% 6% 33% 106 6% 6% 6% 33 6% 33% *105% 33 106 *105% 33 21% 21% 18 % 6 % 33 % 106 16 7,900 85 150 6% 33% *105 6 % 700 33 % 3,700 106 *6% 7% *6% 7% 7% 100 31 31% 30% 30% 30% 30% 30% 36% 30% 35% 35% *35% 10,000 35% 35% 36 _No par 36 Amer Power & Light com 36 16% 16% 15% 16 % 19% 20'i 20% 20% 16 20% Feb 17 New Dec 128 Jan 4 140'A Feb 10 $6 preferred No par 138% 139 136% Dec 107% Jan 4 118 Feb 10 $5 preferred No par 1167a 117 114 Jun 14% Jan 13% Jan 13 14% Jan 10 com__ _No par 14-% 169 Mar Feb 10 Dec 7% Jan 25 Nov 44% Jan 26 Sep 8% 176% Jan 9% Jan 49 37 Jun 43% Dec 3934 Feb 10 43% Jan 39 % Jun 56% Jan 53 Va Jan 13 57% Jan 142 Feb 34% Jan 130 Jan 164 Dec 42% Dec 150 Sep 48 Jan 30 100 American 3 American Seating Co American Ship Building Co 9 Amer Smelt 27 166 Jan 18 13 42 Jan 5 2 145 Jan 13 27% Feb 17 Feb preferred Safety Razor 11 Jan 141 7% San'y 11 40 % Jan 158 No par _ & Refg 7% preferred 6% Snuff non-cum Jun 28 Jan 24 Va Jan 3 Jan 31% Dec 29% Jan 13 33% Feb 17 American 7% Jun 12% Jan 10 % Jan 5 12% Jan 17 25 17 American Dec 38 Va Jan Jun 128% Nov 128% Jan 5 16 July 20% Nov 19% Jan 13 Jun 150% Jan 146 % Jan Jan 76% Dec 71% Feb 153% Dec 31% Feb 138 60'A Jan 135 49 Vb May xll7% Apr 6% Jan 45 151 Feb 41% Feb 132 774 7% 45% 45 Va 45 _No par *40 41,% *40 41% *40 55 54 54% 100 3 149% Feb 4 76% Jan 9 American 6 154% Jan 11 74 Dec 67 % Feb 16 75 Jan 4 Aug 117% Jan 25 120 Jan 11 7% Jan 3 10% Feb 6 Feb 23% Feb 21% Jun 17 32 Va Jan 28 79 Sep 91 % Mar 85 Jan 6 94 Va Feb 10 59% Jun 80 Jan 69 Feb 17 Feb 2 38% 5% Feb Dec 7% 14 4% Jun 48 Va Jun 65 25 Va Jun 35% 22 Va Jun 35% Jan 28 Va Jan 13 Jan 40% Dec 37 Jan 27 25 Va 99 Va Mar Dec Jan 62 28% Jan 55% 15% 106% Jan 20 x51 12 Jun 28 Va Dec July 2% Aug 11% 4% Jan 26% May 42% Nov see page Jan 7% Jan 65 31 Jan Jan 10 12 9 31% Jan 12 42 Feb 17 109% Jan 11 54 Feb 9 % Feb 11 23% Jan 7 9% Jan Nov footnotes 3 Dec Jun For 30 Jan 108 48% 8 Va Jan 74 4 10% Jan 12 19 _ Tobacco American Water American 7% $4 417 53% 54% 16274 162% 53% 162 7% 7,100 45 40 40 54% 53% 55 74 5,900 16274 16274 162% 220 4 500 2G 42 41 41 144 *142 144 26 25% 26 26 26% 26 26 74 26% 2774 31% 32 9,300 32 3274 32% 32% 32% 33 33 33% 12 2,100 *11% 100 *39% 100 com 131 5 — 100 Inc 5 *1174 40 39% *130% 22 8 152% 41% 12 39% 135 *11% 39% *130% *4C% 142 12 11% 39% 39% 135 *130% 4174 142 11% 41% 135 *41 *142 11% 41% *131 41% 143 400 10 11% 300 41% 6,600 135 100 21% 21% 21% 21% 21% 21% 21% 21% 149% 1,300 149 74 149% 149 Va 14974 149% 149 3 a 149'/a 149 74 28,600 73% 72% 73% 7274 73 % 72% 7274 71% 7274 5,800 152% 152% 152% 15271* 153 152% 153 152 152% 610 69 % 69% 6874 69% 67% 68% 67% 67% 67% 67% 2,800 *118% 119 74 118% 118% 118% 118% 118% 118% 119% 11974 430 9% 9% . 9% 9% 9% 9% 93a 9% 9% _No par 31 16,300 31% 30% 31% 30% 31% 24 25 72 23% 24% 100 common prior preference— Amer Zinc Lead & Smelt $5 prior conv preferred 22 72 7 4174 *142 131 149% 25 . _ 85,400 94 94 94 9474 93 93% 87% 89 86 87% 75 73% 73% 73 73 74 69 70 1,000 5% 5% 6 3,200 _No par *73% 75 *73% 1 57a 6 5% com _ 25 *62 63% *62 5% 6374 *62 9% 5% 5% 63% 63% 5% 980 63% 63 % 63% 50 200 2972 29% 29% 29% 2974 29%. 29 Va 2974 29 Va 2974 _No par 13,100 29 Va 29'a 2974 29 29% 28% 29 Anchor Hock Glass Corp com—12.50 $4 preferred 2974 2874 29 1,020 2,400 *10678 Anaconda Copper Mining Anaconda Wire & Cable Anderson, Clayton & Co Anderson-Prichard Oil Corp. Feb 15 3% Jan 12 34% Jan 13 x44% Feb 9 Archer-Daniels-Midland 18 *40 178 144 common Andes Copper Mining A P W Products Co Inc 3 41% 774 44 Va 42 __ Tobacco Works Co Woolen "175 7% 45 26 preferred conv 178 24,600 *142 6% preferred 100 American Viscose Corp common—14 5% preferred 100 __ 162 7% ♦44% 14% 100 American Tel & Tel Co 17 121 8 Va Mar Sugar Refining _ 161% ♦176 7% 45 14% No par 3 Sumatra 162 178 14% No par 31 preferred *161% 14% _No par Co Jan 7% 55 7% 14% 25 common 22% Feb American *176 7% 45% American Stove Co 120 178 7% No par — American Steel Foundries Stores *176 44,300 9,700 1474 *44% preferred 19'A 21% 178 14% 5 com Co *176 1474 20 % 7,500 _No par _ American 19% 14% 500 33,000 116% 10 *6% 138% 109% Jan 100 15% *83% 31 Va 130" 6% Mar 37,700 v 31% Feb 23% 1,500 18% 92% *35% Feb 176 1,500 No par 70% 178 500 15% _No par Co Amer Rad & St 5,800 7*8 90 15% *91 83 *105 Via 32% 7% 90 21% 83% • 300 5% 15% coin.No par Co 33 40% 5% 21% 100 Molasses 33 % 53% *40% 5% 49% *47% 53% 40% 5% 15% 100 American Natural Gas Co American 33 49% 1,500 5 Va 5 21 % _No par preferred *47% 5% *15 Va No par __ 5 90 *88 American Locomotive common—_1 91 16% Jan 27 12 Feb -100 preferred 21% Feb Jan 7% Products Dec Jan 40 1 preferred 22% 14 % Jan 76 non-cum 53% 40 50 Ice Co common— _No par 6% 53 74 BIRTHDAY 5% American convertible LINCOLN'S 5 Vb 11 6% 54 40% *40 1 com 6 84 3,000 1,000 18% 7% Feb 15 4,800 68% Jan Jan 23% 3% 5% Dec 23 18% Home 15 Va 23 % 3% 69 % American 102 23 3% 13 20 Jun 1,700 23 Va 3Va 69 Jan Jun 23 3% 18% 34 Jun 23% 3 Va 68 Vs 4 11 % 19% 1874 31% Jan 12% 19% t 68% Dec 73 19% 23 STOCK 6% 19% 18% 32% 14 Shareg x6% 19% 69 % Jan Feb Sper share 19% 17% 24'A 15% Mar 6% 19% 68% 30 11% 7 Sales for the Week CLOSED Jan 20 7 Friday Feb. 17 Feb. 16 I per share EXCHANGE 48 Jan Thursday Feb. 15 t per share 18% 5 8% Jan 1,500 60% 47 % Jan 91 33% PRICES 70 % Nov 4 33 2,200 13% 48 Feb 34% 123 60% No par — Jun 88 120 % No par __ $6 preferred American Gas & Electric Co 46 9% Sep 100 Aug 15% Dec 3% 51 % 119% 33% 34% 51% 119% 120 Wednesday 14 7 51 *19% 19% 23% . Feb. $ per share 51% 19% -No par 74% Jan 16 Dec Feb 7 Vb 19% 7 Amer & Foreign Power com_ _No par Dec 73 Va *19% 40c Tuesday Feb. 13 $ per share 24% 50 120% ., *77 2.500 50 51 Dec 5% 103 9 % 4% 120 19% Jun 2,100 8% 51% 69% 3 Va 117,300 4% 113% 120% 61% 34 *102 50 12% 34'% 8% 51% Jun 3 12% 33% 8% 120% Jan 64 Va Jan I,100 2,600 ■ 67 4% 10 com 37 6% 23-% 4% Par 4% 72% 23% 90,100 8% EXCHANGE 13% 103 1,100 1,600 j.\ 11% 4y« 10 t per share 15% *101% 44 8% Monday Lowest 103 104 70% *66 34% »ALE S per share - 10% 69 preferred series A-100 Distilling Co ' : 43% 10 Cyanamid Co conv 45 104 44% 100 prior preferred— Feb 52% Feb Colortype Co American Crystal Sugar com 3o Va jan 123 *38 42% 4% No par Co 45 104 44 8% —100 Chicle 103 43% 8% 100 com *39% 104% 43% 4% 25 i Fdry 45 104 43% 1 common preferred *39% * 1 Corp preferred 4%% 106 *68% *25% l —100 No par 50 45 105% 43% No par 24 *39% 107 *42 10% American 18% Jan 45 *105% 50 Bank Note 600 33% American 7 Dec 93 32% 15 44% Jan 19% 93 87% 10 Sep Feb 93 200 35% Feb 47% 15 % 4,300 88% 19% Feb 16 35% 35% American Chain & Cable 243A Jan 35% 35% 12 Dec 35% 93 *88% 26% Jan 25% 35% 94 100 15 19% July 39% Feb 35% *93 No par 4% 7% 900 34% 33 3 4 preferred American Car & 28% 33 'A 15 4 *28 % 35 '/a Feb 70% Jan 20 28% 93 % 78 Jan *19% 28 35 30% Feb 82 19% 28% 93% American Bosch Corp Amer Brake Shoe Co 7% 19% % 93 Va preferred American Can Co 19% 28 35 Vs common conv 19% 28% common.No par Mfg Airlines 20 % a Petroleum Corp No par Amer Agricultural Chemical—No par cum 28 *93% Amerada 3%% *19% 100 . convertible preferred— American 351 common__No par preferred 3 33% 300 204 % 25% Jan Jun 3,400 203% 18 60 24 3 8 91 20574 American Cable & Radio Jan 83 104 204% 14 Jun 800 29 17 21% 24,300 21 9'A Feb 35 150 3% 81 *81 91 1,100 71 3 % 81 *88 28 Highest 24% 4,900 16% *70 3% 82 50 3 3 71 82 122 16% 91 Jan $ per share 3% 3 16 % *88 Jan Lowest *70 3% *119 91 190 $ per share 16% 122 *28% 5% Jan 13 16% 3 *19% 3 16 5,300 *119 3% 5 13 Jan 120 3 24 convertible preferred American Broadcasting Co 32% Jan 120 3 *100 119 49 120 3 100 2,100 No par 12 1153A Jan *118% 23% 99 Mills 20 Dec 150 22% % Allied Allied Stores Jan 36% Mar 52% 23 11% 24 4R 51% 52% 22% 99 3 120 53 23 24 183% Jan Jun 14,300 *52'A 23 *52% 100 105% Jan Jan 11% 53 23 *98 Sep 99 11% 53 22% 100 Dec 25% 52 % 42 I.666 104% Jan 13 11% BIRTHDAY *88 187 % Dec 64,500 *98 106% 19% 11% 91 172% Mar 87 11% 102 Jan 71% July 35% Feb 24 11% 8% Amalgamated Leather Co 26 Jan 45% 23 % 11% 8% 11 4% Jan Jan 51 44 LINCOLN'S 24 % 206% Jun Oct 45% 23% 205% 2% Sep 42% 45% 24% *88 3%% conv preferred Alpha Portland Cement 45 ♦40% 46 207'A 18 120% *41 *206% 11 Jan *40 5 a 42% No par 38% Jan Feb 42% 42% 900 Allied Chemical & Dye Allied Kid Co 90 % Jan Jan 4,100 8% 11 6% 21% 8% 17 89% 21% 8% 35% Feb 34'A 21% 8% 86 Va Feb . 2J% 8% Oct 14 21% *8% Dec 3% Feb 21% 8% 88 40 21% 2,300 3 8% 37% Jan 20 % *2% 1 Jun 4% Nov x20 % 3 *97 Inc Jan 43 20% 2% No par 76 Apr 20 V2 3 45% 3% 24:% 4,600 20% 21 gtd—100 preferred— 52% *2 % 20% 83 *81 preferred-No par 51% 2% 20% 24% 72% 3% 82% 52 % Share t 47% 16% *71 % 1 52 for the Week 24% 3% 100 52 % Sales Feb. 17 $ per share 46 % 120 16% 52 Fridav Feb. I(> S per share 23% 23 VB 3 100 w common preferred A 26% 37 53 53 ____5 common preferred w 5%% STOCK 47% 47'% 23 52% Thursday t per share 2% 42% *118% share 20 % 471 2 47% No par $ per 52 3 24% Inc Allegheny Corp $ per share *40% Vicksburg Ry 100 Alaska Juneau Gold Mining——10 Aldens Feb. 15 1 & PRICES Wednesday Corp__lO No par SALE Feb. 14 ' 9% Jan 13 213 4 21% HIGH Tuesday Feb. IS 20% 1 Allegheny & West Ry 6% 8% Jan 20% AND Monday 53 *2% 10 Corp 9 53 —2.50 Corp hew common Affiliated Gas Equipment com $3 preferred w w 1 $ per share 5 Co.I Motors Feb 121 64 40% Par 19% Jan 14% Jun Saturday Feb. 11 49% Jan 27% Mar 5% LOW STOCK YORK EXCHANGE Dec 3% 41 Nov NEW Highest 21% May Jun 17% Range Since Jan. 1 Highest . 21% 10 20 _No Par 5 39 39 107% 3974 *106% 40 19% 19% 19% 9% 9% 9% 54 19% 20% 1974 *3 40% 3% 41% 9% *3 40% 108 5*Va 53 10 41 41 107% *52% 53 10 40% *106% 107% 53 374 4174 3 39% *53% , 41 % 108 54'a 41% 42 *107% 109 *53% 54 19 % 20 19% 21%. *9% 10 *9% 10 3 *3 3 7'a 374 40 40 40 Va 39% 374 40 360 900 9,800 300 300 2,000 7 8 COMMERCIAL THE (756) Year 194D $ persha7 $ per Highest share 19% Jun 29 % Dec 26% Jan 77 Jun 95 Feb 89 5 Jun 8% Dec 49 % Jun 77% Jan 38% Jun 51% Dec 94 Jun 101% Dec 100% Jan 9 114 Oct 111% Feb 15 Feb 10 105 % Jun 13% Mar 13 % 7% July 11% Feb 95 Apr 30% Feb 3 99% Feb 1 13 9% Jan 30 69 Jan 13 48 Jan 27 15 Jan 15% 13 Jan 9% Jan 4 15% Jan Sep Dec 109 105 Jan 52 Jan 102 31 29% Armco Steel Corp common—.10 4 % % convertible preferred 100 Co $6 conv 11 Armstrong Cork Co Feb 17 $3.75 preferred 9 Jan 9 Arnold Constable Corp—. 9 75% *'49% *'101 *'111% *'14% Artloom Carpet Co 19 12% Jan 17% Jan 110 104 9 Jan 30 Feb com.;—-No par —No par convertible $4 preferred—No par —5 Inc.. No par Associated Dry Goods common 1 6% 1st 7% 2nd *'11 53 Feb 73 Dec 68 Jan 28 70% Jan 5 77 Feb 94 Mar 87 Jan 13 89% Jan 20 30% Jun 42% Dec 36% Jan 24 40% Feb 3 Jun 112% Dec 108% Feb 1 111% Feb 17 102 Dec 106 6 Atlantic 15% *14% 15% *14% 11% *103/4 *14% *11 15% Jun 99% Jan 5 101% Feb 1 Jan 24% Aug 22% Jan 19 2534 Feb 7 1 13% 13 3 44% Jun 58 Jan 52% Jan 16 55% Feb 3 Atlas Powder 100 Feb 110 Dec 105 Feb 2 110 Jan 5 15 Sep 20% Jan 18 Jan 25 25 Feb 16 Atlas Tack Feb 7% Sep 6% Jan 24 8 Jan 10 Austin Nichols Feb 15% 69 68 % 88% 88 3 39% 38% 110% 111% 101% 101 101 57 2,000 105% 104% 104% 104 % 15 % 13% 13%. 13 %' 2,300 44% 44% 45 5-a 3,200 *68% 70 70 ■ 38 3 9,000 400 70 400 4 <83'/a 88% 200 .38% X37% 38% 7,800 110% 111% 111% 111'/a' 883., 4 10l38 100% 101 "4 101% 550 24% 24 25% 243, 25 24% 24% 24% 24% 9,100 55% 55 55% 54 % 55 5^% 55 55 55 106% 106% convertible preferred Corpl 100 . *6% 106 107 20 21 7 18 No par common... * 19 No par . 7 7 3 10 Conv prior pref Autocar Co 5c *6% 6% 12 Automatic Canteen Co of Amer—5 13% 13% Jan 5% Jan 3 7% Feb 16 Avco Mfg Corp Jaa 37% Jan 4 46% Feb 16 15 Nov 143'8 Jan 5 15% Jan 25 Babbitt Jun 12% Jan 10% Jan 3 13% Feb 16 Baldwin Locomotive Works Jun 11% Jan 9'/a Jan 3 11% Jan 11 Baltimore & Ohio IS3/, Feb 14 7% 103 % 56% 103% 55% 7% Jan 8% *102 24% common 1a34 Jan Jun 210 101% Preferred $3.75 series B 15% Jan 7 % 10,000 110% 3 44% 200 15% 108 % A—100 12 Jun 11 15 % 108 -.100 series 25 Jun *10'/a 15% 44% 111% 101 11 % 1534 103 57% *104% 38% 110% 310 *14% 104 103 70 88% 37% 160 112% 15% 103'/a 57 *68% Jan 4% *102 57 104% *38 % 6% Jan 34 % 107% 102 112 39% 110% 12% Jan 15 Dec 8 56% 103 89 39% Jan 8 Jun Nov 10% 15% 69% *88 17% Mar 4% 11% 16 107% 103% *102 57% 44 *68% 107% 103 % 56% 13% 100 25 Atlas Corp 42 10% 15% 16% 108 49 % 102 < 5 93% 13% 112 16,900 No par preferred 20 4% 101% 111% 76 49% 101% 111% 4434 preferred Refining common conv 4% 49 % 101% 49% 13% non-cum 4% 49% lOl3/, 111'% 44% No par Atl G & W I SS Lines common 5% 49 % 101% LINCOLN'S BIRTHDAY 9% 75;|, 112 49% 57% *'104 % 101'% CLOSED 44 Coast Line RR Atlantic 2,800 75 9 11.2 EXCHANGE 13% 12 31 4974 75% 13% 104% Jan Jan 1,100 *74% 75 44% 27 14% Feb 76% 74% STOCK 104% 103% Jan 46 46,300 *1043% Nov 3 510 9% 104'% 105% 13 953, 104'% Jun Jan 30% 95 104% 97% Atch Topeka & Santa Fe com—100 5% non-cum preferred—; 100 ATP Inc.... __10 12% Jan 30 95% 9 % 1043/B Associates Investment COi—.10 20 41 30% 95 % 9 103 9 110% Jan Jan 30 95 % 8% *102 59% Feb 16 Jan 30% 95% 9% 103 % 13 100% Jan 15 293/4 96 104% 4 47% Jan Jan Shares 30% 9 104% Jan Nov Sales the Week 17 $ per share 95 % *'102 56% Dec 50% tor Friday Feb. $ per share 29% -W-~.—100 101% 105% preferred Thursday Feb.16 108 Apr 47 $ per share share 16% Jun Dec $ per share $ per 108% Feb Jun Feb. 15 16% 80 10 % PRICES Wednesday 112% 15% 11% SALE Feb. 14 108% 87 32% 49:% 101% HIGH AND Tuesday Feb. 18 100 preferred— 30% 7 9% 75% Monday, February 20, 1950 Mondav 29% 95 95 9% of Illinois com.—5 prior preferred—-No par & Armour 113% Jan 6 Jan 100 3 77 9 $ per share Par $ per share 7% Jan Dec 16% LOW Saturday Feb. 11 NEW YORK STOCK EXCHANGE Range Since Jan. 1 Lowest Highest $ per share CHRONICLE STOCKS Range for Previous Lowest FINANCIAL & ($1.20• No par __„____ (The) 15% *15 common—3 6% $2.25 conv preferred——No par 42% *15 42 3 4 r? 7 63 15 % *15 638 13% 7% 7% 43 '-4> 4 6 % 133^ 7% 7% 433 43:% 106 4 610 107% 130 23% 23% 1,000 7 67s 6% 1,100 % 15% *15 6% 13% CO 4 23% *101 520 25 108 *107 24% 6% 6% 7 "a 13% • . 107 22 3 15% 6% 13%. 42% 107 38 15 6%' 15 14% 7% 900 14% 44% 2,900 734 7% 46 % 100 6 % 6% 14% 256,500 46 5,300 B xl3 143/4 Jun 22 % 143/4 Jun 25 Jan 173/4 Feb 3. 21% Jan 11 22% Jan 23 Jun 72 July 66 Feb 4 72 38 Jun 53 Dec 43 Feb 15 Sep 21% Jan 16% Jan 36 Jun Mar Inc 4% non-cum Bangor & 15 48% Jan 4 Barber Oil 3 20% Feb 8 Barker 5% 16 39 Jan 26 Feb 17 57% Feb 3 Barnsdall Feb 15% Oct 14% Jan 3 Jan 9 Bath Iron Works 13% Jan 9 Bayuk 32% Feb 6 Beatrice 17% Jan 12% Jan 3 33% Dec 29% Jan 3 Dec 98 Feb 9 Jan 17% Jan 21% Dec 20% Jan Mar 86% NOV 74 Jun 10 Va Jan 7% Feb 32% Feb 29 V* Jan 7 16 Jun Nov Feb 123/8 Nov 20','4 16% Oct 69 63/4 101 Jan 20 100 10% 19% 20 Corp 5 24 14% Feb 9 11% Jun 17 Feb 12'/2 Jan 4 13% Jan 11 Feb 10 Jan 3 87 1J 19 % *19% *37% 3%% $1.25 Bell Aircraft 4%% 19% 410 44 900 19% 19% 38 19% *37% 800 38 50 50% 25,700 19% 19 % 19:) 19% 19% iy'%. 19% 19% 1934 4,400 12% 3,200 12% *22% *31% % 8 4 8 12% 32% 32% 22 Va 99% 99% 99% *99 99% 80 19% 19% 19 19 % 19 19% 4,500 22% 22% 22'% 22% *22 "4 22% 310 83 *82 83 12% " 82 8% 8% 12% 82 8 *82 % 8% 32 % 14% 32% 15 15 14% 14% 14% *14 14 % 13 12% 12% *12% 13 68 *85 88 10 13 100 *85 *85 88 1,800 40 8% 8 32 32 14% 32% 14% 32% 15 *14 8 3'8 32 >/4 31% 32 32 % 1 32% 32 32 14% i 12% 12'/a 32 8 32 *31% 32 " 20 *99 12% 32% ..10 14% * 14 % 14-% *13% 2,500 14 *14 12% *85 32 32 210 32 32 1,200 15 1.000 13 13 *85 88 200 13% 1,500 88 , 34% Jan 13 42% Feb 16 Bendix Apr 11 Jan 9'/a Jan 4 11% Feb 16 Bendix Home Appliances Feb 27% Nov 25 % Jan 6 26 % Feb 17 Beneficial 73% Jan 85 Dec 86 Jan 12 89 Feb 9 93 Jan Dec 106% Jan 12 112 Feb 10 23/4 July 1% Jan 4 2% Jan 11 Benguet Consol Mining Co..18 pesos Oct 26% Jan 3 29% Jan 12 Best & Dec 1,900 *43 : 50% 83 6 3/4 37% 19;,4 44 50'% 8 preferred *42% *37'% 82 common.; % 38 50 Bell.& Howell Co 43 69 51 .1 Corp. 12,000 19% *68 50% 8134 No par Beech-Nut Packing Co... 68 *37% pfd—100 Belding-Heminway 19'% 67 55 81% preferred Corp 18 66% 38 22% (A S.) 4%% 18% s 51 *22% ____2.50 conv 20% 19% 19% 32,100 38 22 div 23,800 55% 19 % Beaunit Mills Inc 113/8 38 18% common 203a 13 % 10% 19%. 213/4 Jun 3,200 • 13 55 .1 Beech Creek RR 15 % Jan 19% 19 6 34 '/a Jan *19 % 19 32% Feb 1 43 Va 19 32% Beech Aircraft 3- 44 99 3 Beck Shoe 12% Feb 43% 32 9 13% Jan 45 993R 2 31% Feb *44 99 9% Jan Feb 26 15 14% • •" 32% 85% Feb Jun 66 7 12% 7 Mar 18 66% 12% 3 16 18% *66% 99 12 16% 19% *18% 32 30 Feb 18 3 4 18% 66% 19% No par 12.50 23% Jan Jun 19% *18% *66% 10 Inc 6 Jun x85 13% 10% 5 Foods Co 26 10% Mar 13 11 15 convertible preferred_.__100 Cigars 21% Jan 11% 98 l5 13% 10% 100 Co 3 30% Oct Oil 5 Jun 85 15 12% 10a/4 100 preferred Jan 27% ' 15 12% 10% common—50 common 303/4 Jan 11% 15 12% 11% (Delaware). 50 87% 15 12% 10% preferred.. Corp Dec 263/4 14% 12% 50 Brothers Convertible 56% 9% *14% 10 preferred—. 5 4%% common Aroostook Jan 39% Mar 41 1 13 100 — ' 60% Jan T) (B 42% 42 % 29,700 33%c 10% 10% 10% 10% 10% 11% 10% 11% 10% 11% 32,200 10 26% 26% 26% 263/8 26% 26% 26 % 26% 26 '% 26 % 3,200 90 88% 88% *88 88% 88 % 88 1113/4 110% 110% 112 1% 1% Aviation... 39% 5 39% 40 3e 40 % 39 % 40 % 40% 41% ' 1% Dec 22 Va 109% Feb 25 27% pfd $3.25 Cum pfd Dec 5 Best 30'/a Jan 13 34% Feb 1 Bethlehem Steel Dec 139% Jan 21 143 Feb 17 Jan 13 28 Jan 9 9% Jan 3 12% Feb 16 22% Jun 31% Mar Oct 11% Mar 141 Jan 33 26 36 % Jan share Jan 26% Jan 4 29% Feb 3 10% Jun 14% Jan 13 15% Jan 12 8% Jun 14% Dec 12% Feb 17 14% Jan 5 Jun 15 Dec 13% Jan 4 17% Jun 25% Mar 22% Jan 3 21 Aug 27 Jan 23 % Jan 25 50 Aug 64 Jan 53% Jan 18 Aug 32% Jan 19 Nov 3 48 % Jan 9 51.% Feb 15 42'/a Dec 59% Dec 55 Feb 15 98% Dec 97% Jan 3 1% Mar 2% Jan 1% Jan Dec 8% Mar 60 % Jan 5 23/b Jan 11 Feb 10 38% Jan 9 7% Feb 14 9% Jan 10 Braniff Jan 47% Jan 28 Jan 21 32% Jan 26 9% Apr 8 Jan 3 9% Jan 9 21% Jun Jan 28 Jan 13 30% Jan 11 20 Va Jun 18% 33 Jan 9 105% 26 Feb 2 3 14% Jan 14 3 76% Jan 9 39% Jan 24 10 Bullard Co 26 % Jun 35% Dec 34 % Jan 4 12% Feb 18% Dec 1734 Jan 13 20 Jun 36 36% Jan 133/4 77 Feb 16 19% Dec 18% Jan 13 95 Apr May NOV 94 Jan 4 Jan 34 .77t Budd Dec 87 Jan 24 89 Jan 9 3%% Dec 82% Jan 18 86 Jan 31 16% Jun Jan Jun 7 x97% 9 May Jun 122 Dec Jun 11% Dec 60 Jun 82 Feb 3 Feb 17 Jun 6'/a 98% Feb 52 1 3% 105 Jun 30 4% Mar 24% Jun 20% . 35% Jan Dec 13% Jan 3 8% Feb 17 Jan 12 9% Jan 13 Jan 3 120 71 15 Jan 9% Jan 2nd 9 5 23 2 4 3/8 Feb 2 5 102% Feb 10 105% Jan 24i Bldg 7% participating 22% Feb 3 24 Jan 14 Dec 34 % Feb 5 3634 Jan 11 58 Apr 53 Jan 5 55 Jan 26 Jun 2 Oct 13 Feb 8 1% Jan 10 Jun 53a Jan 4% Jan 3 434 Jan 7 22% Jan 1934 Jan 4 12% Feb ; 29'% 28 *28 25% *103 % 283a 25'% .26 *28 28% 2534 70 8% 9,200 30 Va 8% 30 6,300 600 28 Va 25na 25% ' 6,800 '• 103% *103- 104% '103 29 29 9% 30 2,600 13% 6,000 *37'% 15 38 101 *103 38 *100 par 38 101 *100 13% 253% 19 % 19'/a 19 1233'4 123% 13 13% 13% 76 *75 76 39% 39 20 19 20 % 20 20 Va 97% 98 98 '/a 34% 34% 100 *87 88 *86 38 *85 90 *85 90 preferred—100 15 75 5 —No par 10% 19 V* *12334 14% 13'% 75 75 20% 87% *85 75% 4 % 4 % 39'% 19 34 100 13% 39 16,300 100 76 39 ' 19 600 193« 2,200 34% 34 34 1,300 19% 20% 19% 20 7,700 98 *9734 98 % 9?34 98 120 87 V2 *85% 88 *85% 88 100 *85 90 *85 90 34% 20% 14% 14'% / 14% 14% 9 123 123 834 9 *121 *121 9 4 10% 10% 10% 10 r% 2,200 30 10% 75 9% 75 6,500 14 % 123 75 75 75 75 4 4 8,400 490 1,600 4% 4 4 4% * 3,000 ' 124 *75 19 9 x9 *121 10 % 10 75 *38'% 2,000 90 34% 121% 13% 13% 76 *97% 14 123 % 124 13% 4% *21% No par preferred.__100 121'% 75 10% 19% 124 13% *75 9% 9 122 *121 100 14% 9 % 19'% la*/2 35 % 14% 19% 39% 20% *9 19% 80 243 4 la "8 *34% 14% 24% 39% 1 97% 2i34 19-/a 19% 100 % 200 101 100 100 24% 39% *38% 37% 373a 25% 124 124 *75 too 101 25 19% 37% 38 *100 25'/a —No par common 1043/8 *37 25% *123% California May 26 29'% 8% 29% 7,300 38 % 104 19% Byron Jackson Co 36 Va 28% 28 % 28% 30 104% * 300 f 9 % 3734 Copper & Zinc Byers Co (AM) common.! Jan 25% • 8% 8% 900 '13% preferred 26% 27% 25% 30 8% 8% 8'% 29 % 28% *29% % 8 .1.' 35 *37% Butte 7% 25% 8 29 35 13% Butler Bros common Feb 24% Jan 29% 28% 1 11% Jan 13 8 29% Machine_.No par Bush Term 25 29 8% 8% 2% 35% *35 35 *2 2 37% Bush Terminal. 4% % 8% 30% 8% 8 100 27 77 7% 35 99% u preferred Jan 122 55% *99 ■ 1,790 13 3 Co Inc pref erred Burroughs Adding Jan 3% Jan 21 conv 35 35 56 J - 37'% 3 % % 13% *35 5 Burlington Mills Corp 4% preferred 91 5,600 •2 1% 1 Bulova Watch 84 3,500 56 % 2% .5 ; j 10 Apr 51 *2 ...No par 11 Jun 51 51 51 1% —100 14 70'/a 51% 2% 25 : Feb 73 51 51% *2 Co common—_No par $5 preferred 20% Jan 98 6,200 56% No par preferred. (The) 14% 13% Buffalo Forge Co Feb 124 19% 14-% 38 Va Brunswick-Ealke-Collender—No Bucyrus Erie Co common— 12% Jan 19 15 99% 1 $3.60 preferred 74% Jan 4 20 14% 133a 24 123% Jan 50 3 830 56 1934 15 *37% 103 % Jan Oct 55% 55% 20 % 14% 13% 16 Sep 55% 15 38'% Bigelow Dec 56 15 *20 13 % Feb Brooklyn Union Gas 76 56 20% —37% Brown Shoe Co Inc common.: 13% 56 20 13% 3 125 Feb Jun 613/8 July 23% 2,900 38% Brown Jan 27 1,400 8,200 23% 13% 9 40 20% Jan 14 27% 23% • 38 30 13% Feb 16 3 14 26% 24 !__No par 39 % Jan 13 18% Jan 14 26% 233% *103 13 Dec 14 26 % 24 100 Jan 19% 14 3/8 27 % 56 __2.50 common 11% Jan Jun 14% 26% 24 % 56 . 143/s 26% 100 preferred 37% Feb 13% 14% *99 8'/a 3,600 24 99% *29 700 2,700 ■ ' 26 STOCK EXCHANGE 55 2.50 Dec 11 14V2 27 5 Dec 25% Feb 13 % *99 Bristol-Myers Co 13 15 1234 99% 6 22% Jan 14% 13% 56 7 8 7 Dec 14% 12% 56 18 24 14'%' 13% *99 29% Jan Jun 14^4 13 573^ 105% Jan 100 14% 13% 99% 8 Dec 15 13% 51 17 & 14% 57 14 36 15 13% 50% Bearing Co. Airways Inc.— Shares ■ 28 *99 25% Feb Dec 27% 5 Roller 33/4% 28 BIRTHDAY 27% Feb 29% Jan' 27 % 15 • H share 28% 100 (assented Sales for the Week t per 28% 15 24 15 Friday 16 share 28'% 1 ... Feb. t per $ per share share 28 % LINCOLN'S common Boston & Maine RR S per 28% 20 % pieferred... Bower Feb. 15 S per share Feb. Thursday Wednesday Feb. 11 24% 56% 103% Feb 15% 29% (Thei PRICES SALE HIGH Tuesday Feb. 13 20 Dec Jan 7'/a 3%% AND Monday 56% Jan 95 120 6,000 CLOSED ... 12% 1023/4 3,000 12% 14% 5 40 39 Jan 29% Mar 26% 12% *28 Brewing Corp. of America— 15 Bridgeport Brass Co No par Briggs Manufacturing Corp__No par Briggs & Stratton.. __No par 29% Nov Oct Borden Co 30 Jun Jail 26% 12% No par Borg-Warner Corp 9 6% 98 27 12% t per share ...No par Bond Stores Inc Jan 35 100 25'/a 25% 25% 12 •'B 60 383/b Mar 32 27 12% 26% 9 500 26% 12% *14% 163i, Jan 25,000 27% ,__5 16 3,700 33% 143 143'/a 2.50 14 % Feb 32% 143 12 Bohn Ami Co class A 32% 27 Boeing Airplane Co___ Class B_ 34 33% 34% 34 32% 32% 12 Bliss & Laughlin Inc.— Bon 34% 27 *13% Brass 34% 12 5 19% July Jun 143 9 10 6 Va *142% 12 12 38 143 Jan Jan Jun 32 % 1 & 1,400 *142% No par Aluminum 27% 33% *142% LOW Co 27% 34 % 34% 33% 143 Feb. 11 (E W) Co 273% 32% 14% Jan x24% Jan 51 Bliss 273., 33% 2734 Feb 17 Apr Elaw-Knox 27% 28 Saturday No par 24,500 27 STOCK Mfg Co 1% 27% 34% Par Black & Decker 13 4 27% 33 % 200 1% *27% *142% 200 115 1% 1% 27% Va 4 1% 27 Feb 91% May YORK 13 *112 112 1% __100 $ per share $ per share Nov 26 *110 EXCHANGE 15 '/a 13% 114 Bigelow-Sanford Carpet—.No par Birmingham Electric Co__—No par NEW 30% 9'/a *111 ___l Highest Jun 22% *88 STOCKS Lowest Highest $ per 90 No par (Del) com preferred Range Since Jan. 1 Year 1949 Sper share *88 1 Foods 7 9c Range for Previous Lowest ser __i Jan Jun 1946.No par of 1948_No par Co.. 36 Jun common of ser $4 div 33% May 23% 129% 9 13 Cum Indus Loan 21% 21% 21 % 21% 22 % 21% 22% 22% 23%s 102 % 103'% *102% 103'/a *10234 103% 103'% 103 % 103% 103 % 22% 22% *22% 22% 22% 22 Va 34 Va 34% *22% 23 *34 Va 34% *53 54 4,900 A *• 30 GOO 23 23 34 % 34% 34% 34 % 35 35% 54 531/2 53 % 53% 53'% 30 1% 1% 1 % 1% 3,700 4 Va 4% 4 1 4% 6,200 C 16% Jun 9% Jan Sep 98 1 109 % Mar 35% Jun 41 May 16% Jan 21 Oct 10% Jun 15% Dec For footnotes see page 8 223a Feb 6 10V* Jan 3 11% Feb 17 101 Jan 4 103% Jan 18 40 Jan 5 193aJan 16 143-s Jan 13 13 5% Packing common_.No preferred — Callahan Zinc-Lead _ 50 1 Calumet & Hecla Cons Copper. 5 Campbell W & C Foundry No par Canada Dry $4.25 Ginger Ale com_.1.66% Jan 11 preferred— Canada Southern Ry Co 2014 Feb 15 Canadian 15% Feb 4 41 par conv Breweries Canadian Pacific Ry Ltd *53 1% 1% 1 % 1% l3a 4 4'% 4'/a 4 Va 4 213h 10% Va *21% 21% 11 Vs 11% No par 103'% 103 % 100 *40% 42 No par *19% 20'/8 .25 54 *53 15'% 15 % * % 1 4% 21% 21% 21% 11 10% 11 102'0 103% 103% 4034 40 3 4 *40% *1934 20 V8 20 Va 15% i Va 15% 15% 103% 21'% 10% *103 *41 42 20% *19% 20 % 15% 11 U 42 15% 21% 22 103% 15'% a 103% 900 21% 1,700 11% 12,100 103'% 410 10 *41 42 * 19% 201/4 200 15% 15% 23,300 Volume 171 Number 4883 THE COMMERCIAL NEW Range for Previous 40% Range Since Highest $ per share 51 Jan. 1 Lowest Sper share Jan YORK $ per share Dec 48 NEW Highest Jan YORK $ per share Par 50% Feb 1 Cannon Mills 17% Jan 3 9 Capital Admin Dec 15% Jan Nov 55 % Feb 56% Jan 9 9 !a Oct 8% Jan 11% Feb 17 Capital 26 Carolina Clinch & Ohio Carolina Power & Light Feb ■i , Jun 108 26% Jan 25% Jun 12% Juai 30 31% Jan 34 Feb 1 Jan 30'A Jan 33'A Jan 31 a°,'/8 Dec •17 % Jan 19% Jan 16 Carrier Sep 36 38 Jan 14 Conv Nov Jun 45% 140 Dec 104% Apr 34% Dec Apr 105% Dec X] 14 Jun 132 % Dec 26% Jan 18% Jan Jun 15% Jun 14% ' Jun 17 7'A May 3 104'% 35% Jan 10 18 105% Jan 13 34% Feb 10 3 107% Jan 13 & I) 15 137% Feb 17 7'/o Jan 10 Celolex 30 5% 9% Jan 3 16% Jan 9 Central 11% Feb 10 Central Foundry 4 Jan 3 4% Jan 27 Central of Jan 3 17% Jan 11 5% Jan » 9'A Jan 12 10% Feb 9 35% Jan 10 38% Feb 2 112 % Jan 112% Dec 110% Feb 9 16 4%% Oct 11% Oct 9% Jan 25 11'A Jan 9 Central Dec 14% Oct 12'A Jan 26 14% Jan 30 Class Jun 14% Dec 14% Jan 13 15% Jan 21 Central Ga & Oct 3 16% Jan 24 Dec 7% Jan 24 8% Jan 3 Jan 18% Feb 15 21% Jan 7 Cerro 16'A Dec 15 Jan 13 18'A Feb 3 Certain-teed 91- 31 Jan 11 31% Dec 30% Jan Jun 93.% Dec 98 Aug 9% Dec 17% July 28'A Jan 27 Nov 34% Jan 77 Nov 85 Feb 3 % Jun 8 Jun 12 May 9% Jan 11'A Jan Feb 14 Dec 12% Jan 14% Feb 10 7% 5% 3 35 Feb 6 Jan 5 101 Feb 13 9% Jan 10 24 Jan 4 Feb 10 28 Feb 30% Jan 12 80 Feb 84% Jan 30 4% Feb 5% Jan 12 Jan 26 Feb 13% Dec 11% Jan 15'A Feb 17 12% Jun 20% Nov 19% Jan 26'A Feb Jun 10 i Jan 7% Jan 9% Feb 3 3 Jun Feb 8% Feb 3 4% 17 Jun 8% Jan 5 Jan 7% Jan 5% Dec 30% Jan 15 Jan 11 Dec 36% Jan 27% Jan 3 31% Feb 9 21% Jun 29% Mar 26% Jan 25 28% Jan 31 49% Jun 55% Dec 53% Jan 17 55% Feb 10 41% Dec 39% Jan 13 46% Feb 3 56% 82 Dec 79 Jan 14 87'A Jan 30 13 % Nov 12 Jan 30 13'A Jan 13 10 Jun May 17 St $ per share X13 2 $ per Lowest share Is NEW Jan 13% Jan 4 16% Feb 15 Chickasha 3 % Feb 14 4 /a Jan 10 Childs 45% Jan 3 50% Jan 11 €0 Jan 36 Jan 30% Jan 5 44% Jun 68% Dec 62% Jan 13 26% Apr 32% Sep 30 Jan 4 97% X20 Jan 105% Sep « 6% 103 % Jan 4 Jan 16 34 68 % Jan 34 Feb 5 16 106 Jan Chrysler 26 Jan 24 29 Feb 6 59% Dec 58 Jan 13 62% Feb 3 C 8% Dec 8'A Jan 14 V 7% Feb 7 Jun 86 Sep 82 Jan 3 25 Jan 34% Dec 31% Jan 13 16 Jun 19% Oct 16% Feb 20% Jun 30 % Jan 25 67 Nov 79/> 16 87 Feb 3 33% Feb 3 18% Jan 18 Jail 10 46% Feb 3 Feb 7 28 3 Mar 85 20% 43 % Jan Oct 108 105 Dec 112% Jun 109% Jan 17 Jun 28% Dec 27% Jan 13 Jan 61% 36 % Dec Dec 108 C Feb 3 29% Jan 9 111 Aug 167% Jan 18 73 Feb 62% Jan 3 71 43 107'A Jan 18 6 Cleve Feb 13 36% Feb 7 103% Dec Jan 13 108'A Feb 6 4% % 25 28 4 82% Jan Jun 172 Nov 64 July Jan 1075 77% Jan 5% Jan 5 27 Jan 11 142" Feb 7 29 % 89 Feb Jan 43 % 160 53% Jan 5 81 Feb 1 23 165 Jan 3 21 54% Jan 4 45% Feb Dec 98 % Jan 16 Feb Xl3% Feb 17% Jan 16% Jan 12% Jun 19 Jan 15 15 100 Feb Jan 9 Colo pfd 9/b 9% 9% 9% 9% 9% 4°« 4% 4% 4% 4% 4% 4% 4% 1.200 8 8 8 % 8 8% 8 8% 8 8 "2 100 34 17,900 34% II,300 com—No par 34 V* 14 331 14% 13 7 14% 13% 14% 14(4 14% 14% 14% 17,000 30% 30% 30 30% 30% 31 30 30 % 30 % 307 a com__No par *27% 27'A 10,900 27 V 27% 27 27% 27 27 27% 28 54 V 56 % 43 V 44 3 *55 CO—No par * 56'A 44% 100 84 % 84 (A *12 (A 13 % n21 Saturday Feb. 11 $ per share 15% 15/2 3% 3% 3/ 3 *46% 47(A •'46/ 47 25 *31% 25 65 32% Oct 30% Feb 15 33% Jan 10 Columbian 22% Sep 20% Jan 4 22% Jan 30 Columbus cum Combustion So Dec 24% Feb 17 27% Jan 10 60 % Dec 57% Jan 16 64% Feb 6 95 Jan 107% Dec Jan 19 112% Feb Jun 20% Dec 16 % Feb 10 21% Jan 25% Jan 30% Dec 29% Jan 13 31 % Jan Commonwealth 7% Jun 10% Aug 10% Jan 3 11% Feb Conde 30 % Feb Jan 3% Feb Dec 27% Jan 107% Feb 15 ' 3 8 Jan 28 108% Jan 11 Jun 14% Jan 13 Feb 10 14% Jan 10 8 Feb 11% Sep 11'A Jan 5 12% Jan 28 38% Jun 46% Mar 42% Jan 3 47% Feb 6 ll'A Feb 21% 16% Jan 13 19% Jan 30 10 Jun 11 Jan 3 12% Jan 7% Jun 10% Dec 10 Jan 3 12 Feb 6 8 Jun 12 % Apr 10% Jan 25 13% Feb 17 33 13 35 1/64 Feb 2 103'A Apr 113% Dec 110% Jan 9 105% Apr 110% Dec 109% Feb 17 Dec 38% Jan 3 Nov 101% Jan 11 Dec 17 Jan 3 Dec 95 % Jan 9 Feb 9 2 28 4 43 Feb 1 103% Feb 6 19%. Jan 24 Jan 24 39 % Feb 17 100 Jun 37% Dec 35 Va Jan Jun 102% Dec 102'A Feb 3 Jan 7 Jun 9% Dec 8% Feb 7 9% Jan 9 78% Dec 75% Jan 13 78% Jan 11 18 13 103 470 *31% 32 % *31% 32 v 65% EXCHANGE 63/ 64% 63% 64 63/4 64 63 64% 32% 27,700 32% CLOSED 32 3 33 33 33 (4 33% 34 33 'A 33J/a 8,400 :T04% 105 105 105% 105% 105% *105% 105% 105 1043. a 28 28 LINCOLN'S 28 28 *27% 27% *■27% 27% *27'A 62 62 E1RTHDAY 61 % 62 61% 62 (a 61 % 62% 62 Va 5 7% ;:*?/ 75h *7% *7% 100 *85 % 87 'A 86 87% 86 No par 33 % 33 % 33 33/ 33/8 33% 33 18% 18 18 17% 17% 16 % ^5 *18 *25% 45% gtd *106% 50 71 25% % 25'% 86 Vs 26 25% 71 45/ - 400 25 % 87'A 150 32% 32% 1.000 17 *16% 17% 800 25(4 2,100 25 •% 25 170 *120 170 *120 170 75 *67 75 *67 75 45% *110 *28(4 108 *106% *70% 41 *39% 45 3 4 45 % 45% 45(4 45% 110% 110 110% HO/4 110(4 60 28% *28 ?8% 28 /a 28 Va 500 108 *106% 108 *106/2 107'A 71% *70% 40%. 2,800 72 70% 70% *39/a 40% 40% 40% 30 14'A 14/a 14% 14% 14% 14% 36 6,500 36% 35 % 36 35% 35% 35% 30 35% 35% 4.900 108 108 % 106% 106% 107% 107 107 Va *142 100 *80% 161 54% ' 41 4% *26 com—No par *39% 4% 26% 144 ' 81% 161 54% *1250 45% *98% 99% *18% 19 No par 15% 108% 15% 107 110 142 *80% 161 107(4 430 4% 4% 4% 4% 4% 4% 4% 1.200 26% 142 4% 26 26'A 26% 257a 20% 25(4 25% 1.800 81% 161 54% 54 % *1250 45% No par com 7% *85% 33 *120 71 71 7% 80 • *67 110/ 28 3 25% 4,400 14% No par com 451V '110 • 7% 1,100 62% 14% 14% 100 : 45 (4 *86 330 28 14% *39% 45 *140 *80'A 161 54 143 *140 81% 54 Va *1250 18% 15 Va 45 45% 99 98 99 18% 18% 18% 15/4 *140 143 81/a *80(4 160% 30 81% 101% 160 (A 54 54/a '1250 45% *98% 143 *80% '100% 161 500 54 Va 54 210 1250 45 /a "99 18% 45/a 99 % 18% 44 % *99 45 5,300 99% 10 18% 1,200 15% 18% 10,600 30% 30% 31 30% 31 30% 30'A 20% 30% 30% 600 No par 12% 12% 11% 12% 11% 12 11% 11% common..No par 11% 11% 60.500 13% 13% 13% 13% 13% 13% 12% 14 14 14% 5.700 67% *64% 20 Ry com preferred preferred Inc w 100 No par w Co Ohio 16% *65 No par Elec Co 31 % 5 *22 Inc No par . ' 25% 10 Solvents 62'A 100 common 108% No par Edison 16% 68 16 % 15% 16% 15% 15 66 66 67% "65 32 31 31% 30% 31% 31 31 *31 31% 22 Va 22 22% 22 22 21% 22'A 22 22(4 *64% 25% 62% 109 25 62 108% 25 % 6212 109% 24% 25 24/a 61 % 61 106% 61% 107-% 1C8 25 590 3,100 68 24% 62 61% 108% 2,300 107% 100 , 3,300 4,100 24% 2,200 62% 8,500 109 3,130 16% 16% 16% 16% 16% 16% 16% 17 16 % 16% 8,300 30% 30%. 30% 30% 30% 20% 30% 31 31 31(4 11,200 No par 3,500 Co Publishing Co . 25 10% 10% 10'A 10% 10% 10% No par *28% 29% 28% 28% 28 % 28% *39% 40% 38'2 39 39% Consolidated Coppermines Corp 5 Consol Edison of N Y com No par $5 preferred No par 39% 3% 3% 3% 3% 3% 3/a 29 % 29% 29% 29 "4 107% 29% 1073A 1G7% 107% 107% Consolidated Grocers Corp Consolidated Laundries Corp *13 13'A 13 Va 13/a 13 Va 13% 13% 13% 13 Va 13(4 5 *12% 12 % *12% 12% *12% 12/2 12% 12% *12(4 12% 100 15 .46% 46(4 45% 46 % 45% 46% 45% 45% 45% 45% 3,800 100 18% 19 18'A 18% 18% 18% 18 18% 18% 13% 1.100 Inc_—1 Consolidated Consol RR Inc Cigar Natural of Cuba Consolidated Retail Consolidated Gas 6% Textile pfd Stores 1.33% % 10% 10% 10% 10% 28% 28% 28 3 4 28% 39% 39 /a 39 /a 600 3 % 3% 3% 3% 4,100 29% 29% 29% 29'4 29% 31,900 107% 107% 107% *39 107% 108 1,300 1.200 1,400 *11% 11% 11% 11% 11% 11% *11% 11% 11% 11% 11% 11% 11% 10c 11% 11% 11 1 12% 12 % 12 13% 12% 13% 13 13% Power Co com—No par 34% 34%- 34% 12,800 3/64 3/64 3/64 3/64 3(2 3(2 32 32 $4.50 preferred—. ■h 3/64 370,000 No par 111% 111% 111% 111% 111% 112% 111% 112% No par *109% 111% 109% 111% $4.52 109% 109% 109% 109% 109 % 109% 109/a 109(4 360 40% 41% 40% 41% 41% 41% 41% 1,600 103% 103 % 103% 103% *102% *103% 104/a 90 19(4 5,000 Co Inc. Consolidated Vultee Aircraft Rights Feb Jan hi 4,900 No par Consumers 111 3% 47% 30% Credit Nast 3 112% Jan 32 a *30% Congoleum-Nairn 4 *31 500 3% 46'A 3% 45 7 10 preferred Consolidated 11 Jan Superheater Commercial Commercial 30 32 3/4 45% Shares 16% Engineering 27% Feb 4% 3% 46% *15% 8.50 com 7% preferred Feb 3.60% 3% 46 10% 30% Carbon & 46% 29% /a *15% —No par System 2I/4 Feb *31 16% 16% Sales for the Week $ per share 30% Pictures 21% .STOCK 16 Friday Feb. 17 Feb.16 $ per share a Columbia Feb 32 16 Thursday Feb. 15 $ per share 30% 6 Jan Wednesday 14% 30 3 14 41 Feb. $ per share 3034 Feb 3 $ per share 30% 14% Feb 16 Tuesday Feb. 13 30% 73A Jun 3,700 13(4 100 Southern Broad Jun 85% *30% Gas Jan Monday 1 B 18% 85 % *12 V4 13 2.50 Columbia 32% Jan 84% *12% Sys Inc cl A—.2.50 5 27 83 % 13% 9.800 1.880 17 Dec 83% 45 21% 12% Jan Nov 83% *12 % 1,300 44 21% 31% Jan 34% 44 21% 13 30% 43% 55% 20% 14 Feb 44% *54% 21% 11% Feb Jun 43 4 56% 20% 28% Jan Jun *54% 20 % Dec 25% 2% 56'A 13'A 83' No par A_ *54% 84 % 44% 19% Dec 26% 34 'A 21% 13 $4.25 34% *20% 23% 4 34 (a 2,350 Jun 10 34% a 24 (4 Jun Jan 337 23 % 9% 24% 34% 2,900 24 16% 9% 23% 17 page 15,200 9% 4% 23% 31% Jan see 9% 4% 23% 3 For footnotes 9,500 9 % * 22% 28% Jan 12% Jan 14,400 25 14% % Dec 63 2,700 22 29% Oct 13% 300 1,800 10% 10 22 % Jun Sep 10% 10 29,300 4% 22 17% 13% 82% 4% 14% — 2nd & 68% 14/a 29% 82 26 Vt preferred conv Feb 1371. 28% 4% 100 1st 105 14% 28% 82 0 16% non-cum Feb 13% 10% 43 22 non-cum 56% 14% 9% * 300 16% 4% 6% 10% 28 "4 *80% 4 % 40 600 , 26 22 4Co 30% 9% 28 "a 80 % 4 8% 8% *25% 16% 17 66 28 80 8% 26 200 1,500 101 21% 17 95 14% 8% *25% 4% 10% *10 8% 25% 28% 4% 29% 32% 32 *100 8% 82 ■ 80 32 101 25% 4(A *29 32 101 15 24% Feb 17% 28/2 82 4 Va 8/2 26 30 33 101 21/2 21% Feb x98 8% 26 *29(4 30 32% 101 16% 13 Jan 28% *29% 33 'A 101 16% 13 Jan 9/a 26 *79% 30 33% 15% 16'A Jan 15% Jan 13% 29% *100 21% Dec 85 30/2 34 101 16% 17% 41% 10,300 21% 16% 103 17/a 21 Jun Jun 17'A 20% 7% Jun 17% 21 % 17 27% 17/8 21 12 93 17% 100 18% Jan 22 May 4,200 17(4 10 Corp 15 13 36 18% 15% Corp Iron 16% Feb 29% July 18'A No par 16 12% Mar 18% *8% No par Dec Jan 18% 100 Jan Oct lo (a o 14% preferred Dec 109 18% 33% par 20 (The) 17% Apr 34 *30 Inc..—1 19% X106 1 17% 14 Ry Co com Jun 13% 18% 17 % 1 & 48 % Mar 200 18% 17% 25 "4 Machine Co Jun Class 8% LOW AND HIGH SALE PRICES Co Aikman & Columbia *8 14% —, Fuel 5% 3,400 8% 18% _100 RR Co A Colorado 28,000 15% *8 25% — Jun Feb 14% 15% 0% 13% ; 8'A Jan 14% 15% 15 (a *8 vtc__No par P Elec 7% . 14% 15(4 14% 15% 24 preferred Collins 11 14% 14% 8% Internatl Corp No par Colgate-Palmolive-Peet com—No par 20 600 15% ^ 2nd cum 17% Jan 12% 13% preferred 19% Jan 16 12% 14% —100 & conv Coca-Cola $3.50 12% 8% STOCK Peabody & Co Class I.300 12% 24% Clopay Corp 4% 90 10% 15% Coca-Cola 42 Dec 100 Jan 37% 111% 10 % 14% t Jan 1075 Sep 36% 111% 10/a 112 13% preferred Foods Cum 7% 37 Va 10 111(A 8% gtd 4% stock———.50 Molybdenum—_—No par Cluett 36% 300 10% 15% Special Climax 36% 112 9% *7% Oil Louis Pitts Clinton Dec Nov *111% "106% 101 % 24/a 36% 112 108 17 54 37 *110% 9% 1.700 10,900 23% preferred 10 70% 36% 111 28% 14% Feb 4% Jan 10 29 40% Feb 25 % Jan 15% 10 110 4 138% Jan 4,000 15% 29 3 Sep 2,300 16 10 110 Jan Feb 1,100 10 15% 10 Illuminating com—No par preferred No par 32% Jan Jan 16% 16 10 9% 75 12% Jan 5% 15% 15 4 170 37 30% 4% *67 Jan 141% 10% *4% s120 Dec Jun 10% 4% 75 Jan July 11 4 (a 170 15% 3% July 16 10% 4 *67 35% 21% 15% 11 *120 Jun 101 16 10% 100 10% Aug 133 16 (A 16 4 :_100 24 (A 16 16 11 13% series Milling St & & 15% 15% Graph Bronze Co common.—1 5'7 200 24'A . non-cum $4.50 3.300 17% *3% V'4 15% Cleve Elec Cleve 210 19% 13% Equipment Co C 137% 19% 17% 24 Investing Co common 5 % %: preferred City Products Corp City Stores Co 5'/< 43% 137 Va 19% 17 "4 19% *17 10% 4 13 City C 36% Mar 200 13% Financial Corp Clark 137% 9,600 24% RR YORK Gas Cincinnati Jan T 137% 19% 17(4 200 33 * Cab— preferred Dec I 137/4 19% "17 12% vtc Pac Corp Cincinnati 4% 136% 19% 17% 6,400 105 13% Chile Copper Co 14 137 19% 34 % 34% 105 23% preferred 29% Feb 136% *17 13 common— Feb 42 % & Cotton Co 5% % 106/a 13 Par Jan Dec 106% 14% $ per share 5% Jun 106% 1G EXCHANGE 16% 30% *106% *13 preference—No par & Yellow Jun 35 106 % 105 —100 preferred Jun /a 106% 13% Ry Co cl A Paul convertible Rock Highest $ per share 106% 10% 5 preferred Range Since Jan. 1 Highest 32 % 19% STOCKS Year 1919 33 % 37 com—No par Chicago Pneumat Tool Conv 32% 50 preferred Range for Previous Lowest Co Louisv A Chicago *104% 33 Va 17% Chicago & North West 5% 34% 1,300 4,500 —No par & Series 8% 45 149 34Vi, 10% 40 Mihv Chic 1 14% Feb 34 8 % 43% *148 104% 14% A Ind $3 25% Jun 35% Feb 3 44% 149 100 4.600 0 37% 32% 9.50 Class B Chic 8% 42% *148 187 18 Va *36% 33% 10% preferred—_ 100 RR 18% 38 U% 8% 44% No par - 18% *36% 149 36% No par 111 3,200 104% *10 Copper Corp convertible 33% 32% 33% 111 Products East 32% *32 % 8% 10 Corp com—5 preferred Chic 34% 12 West 160 33% 32% 18 % 44% 105 50 class A 104 Va 32% 106 17% 15 % 104 16,500 *32/a 38 *148 34% 105 100 11% 33 *104% 11 Chicago Corp (The). l Chicago Great West Ry Co com—50 24 . 10% * 3% 45% 149 34-% 105 136(4 *25 Class *8% 43 % *148 34% *4 No par 100 preferred & 18 % (a *104% 10% 33% *367a 16 Cab Mfg— —1.25 Chesapeake Corp of Virginia—_—5 Chesapeake & Ohio Ry common—25 Jun Jan Pasco 3%% 18% 38 /" 106/a 19% Checker Chic 8 18% *36% 45 (A 10 Va 9% 500 32% LINCOLN'S 34 100 Jun 9'A 104% 104 33% *32 32% BIRTHDAY a 149 34% No par 3 )' 4 5,% Jan 8 Va 45% 148 16 Champion Paper & Fib com—No 17 5% de $4.50 13 7 33% % 49% 3% a 104 104% 33 32 38 5 Chain Belt Co_ 15 8'A Jan 104 CLOSED 9s 9% 100 J Violeta Sugar Co Century Ribbon Mills.: 9 9 5 % 18% Co vtc EXCHANGE 9% 33 136 Central 12% Jan 8% 7 33 (A *55 STOCK __50 13% 29% Feb 104 % 1 Co of N South 21 % Nov 56% *35% Co Ry Co Feb 31% *55 *17 preferred-. RR 6% July 14% July 22% July 18% Jun 56% 100 B 10% Jun *55 No par 20 preferred series B vtc 8 9% 56% 33/o Central Hudson G & E Corp__No par Central Illinois Light common * 12 9% *55 104 (A 100 Sugar 15 Dec 56% 9% No par Jan Dec 17 56% Shares 50 *16% 34 Jan 9% *49 17 106 Aguirre $ per share 49% 25 common Sales for the Week "16% *32 _100 preferred share Friday Feb. 17 Feb.16 $ per share 17 No par Corp $ per 50% ——_1 preferred $ per share *49% 10 2nd Thursday Feb. 15 *16% 10 preferred- share PRICES Wednesday 16% 50 4.20.% SALE 14 50% common 1st FAb. 16% 9% 5 Corp $ per HIGH Tuesday 18 *55 100 common Feb. 49% Corp of Arner com $4.75 17% Jan 3 Co Preferred Celanese 21 Jan General preferred Caterpillar Tractor AND Monday 16% No par 4% series preferred (J 3 Jan Ry 7% 4 18% Jan 36% . RECORD 50% 1 Co—, (757) *16% 10 Corp common.: Carriers 25 130 % Jan Steel Case 12 Jan xl7 Jan 6 6% Mar Nov 9 104 % Jan 11% Mar Jun 33% 24 148% Feb 27 104% Jan 31 2 48% Jan 3 ( v *49 1 common Inc—1 24% Jun 12% x 8% Feb 13 Jan 32% Jan Dec 23% 97 Jan 38 % Jan Nov 37% 100% Aug ••8 Nov 146 Jan A A Airlines Carpenter 8% Jun 13% 105% Jan Dec 35'A - . Jan 26% Jan preferred 37% Feb 131 102 33 ; 30% Mar 6 Feb $3 class 11 $ per share No par 16% 100 Xl Saturday Feb. 56% 5 'A CHRONICLE LOW STOCK 12'A Mar %■: STOCK EXCHANGE 50 Mar/., FINANCIAL STOCKS Year 1949 Lowest & preferred Container "4% Corp of America com..20 preferred Continental $5.50 *103/4 100 Baking Co com..No par preferred. -No par Continental $3.75 *41 Can Inc common preferred. Continental Diamond Continental Insurance —5 —10 103% 34% 34% 34 3 4 34% 34% 42 104% 18% 18% 18% 18% 18% 19 18% 19/a > 97 98 97 97 % 99 99 98 98% 4 38% • *102/8 102% •102% 102% 102% *102/a *8% 8% 8% 8% 9 9% 8% 76% 75% 76% 76 76% 38% —20 —No par Fibre 42 34% % *76 39 38 38% 38 102 (2 38 3 76 387 8 103 9/a 76 11% 11% 700 11% 11% 3,200 13 13% 106,300 34% 18% *98 38% *102/a 99 39 % 103 240 310 9,700 200 8% 8% 2.600 75% 76(4 2,200 9 10 COMMERCIAL THE (758) YORK NEW 5»A 47% Lowest Highest 65 % LOW AND $ per share Par share Continental Motors 1 6% 6% 6% 6% 6% 6% 15,200 9 Continental Oil of Delaware—_—5 56% 56% 56'% 57 56 57'A 5b 57'A 56% 57% 7,300 15 15% 14% 15'/a 14% 15 15'A 15'A 15'/a 15% 1,300 24% 25% STOCK 24 % 25 24 "2 24% 25 26 25% 25% 6,300 •54 % 55% EXCHANGE *54% 55% *54'A 553% *54'A 55 % 12% 12% 12'A 12% *12% 12% 14 15% Jan 13 % Jan 3 15 % Jan 11 Continental Steel Corp 24 Ve Dec 231/4 Jan 4 26 Feb 10 Feb 3 Cooper-Bessemer Corp common—_5 $3 prior preferred No par Copper Range Co No par Copperweld Steel Co common 5 54 55% May Jan 11 55 13 Jan 7 17% Feb 4 9 Jun 12% Feb 12 Jan 17 12 Jun 19V4 Jan 14% Jan 3 Dec 52 Feb 48% Feb 16 49% Jan 11 Dec 10% Jan 3 14% Feb 14 57 '/4 Jan 61% Feb 3 5814 Dec 20 Apr 30% Dec 28% Jan 13 94 Jan 1021% Dec IOOV2 Jan 25 Sep 101 49% Mar 92% 1% 32% Jun Jun 13 72% Jan 3 9 185% Jan 12 4 % Jan 28 5% Jan 5 Jan Dec 104 2% Jan Jan Jan 3 20 1 3%% Nov 12% Jan 18 14 Jan 5 2 9'A Dec 28% Jan 25 29"% Feb 17 Cream Jan 15% Jan 26 17% Jan 3 Crown Cork & Seal 18 40 Jan 19 Jan 421/a Apr 39 20 Jun 30 Dec 27 % Jan 13 32% Feb 105 94 Nov 49 160 Zellerbach 613A 61'A 61% 61 61% 61 61 % 1,690 5,700 101 *100'A 101'% 29 70% 713/8 183'/a 183 3/a 183% 490 5 5 5 5% 2,400 *2% 2'A 2 2 2'/a 2'/a 2,800 2y8 71% 184 *103% 105 71 105 28% 29 105 *104 13% 13'A 29 % 29% 13% 293/4 16'A 16% 16'/a 16'A 16'/a *39 39% 39% 39% 39% 39% x39'A 39'A 500 32 39% 32'% 32'A 32'A 32'/a 32% 32% 32'% 2,600 32% 104'% 350 102% 103 104 104% No par 103% 102% 103 'A 103'A 17% 18 17% 173/4 17% 17% 17% 18 17% 18'A 2,200 55 55% 55 56 55% 55% 55% 55% 55% 56% 1,300 103% 104 104% 104% 59% Jan 11 Jan 6 convertible preferred Cuba RR 6% non-cum pfd 100 *22% 23% 23 23% 22 22% 22'A 19% Jan 9 Cuban-American Sugar common—10 *17 % 17% 16'% 17 3A 16% 163/4 16'A 8 Feb 15 4 160 Feb 3 Feb 4 % % preferred Jan 23 13% Feb 11% Jan 3 13% Jan 19 Dec 23% Jan 16 25% Jan 5 Cunningham Drug Stores Inc Feb 81/4 Oct 6% Feb 14 Jan 9 Curtis $7 67% Jan Jan 73 69 14 8 Jun 145% Oct 122 % Jan 16 Feb 9 52% Nov 49 V* Jan 3 55% Jan 28 7% Jan 3 9 % Feb Publishing common preferred Prior preferred 10 9% Dec Apr 24% Jun 20% Jan Jan 20 Class A 10 Jan 20 138 26 'A Jan 22% Feb 17 25 Jan 11 9 Jun 15'A Mar 13'A Jan 13 15 Jan 3 87 Jan 12% *12 24% 24 8% 68aA *67% 12'/a 6% 7 131 132 *131 52 52 52 52 *52 9 8% 9% 23% 23% 23% *135 23% 24 23»% 23 % 9'/a 23'% 23 aa 23 13% % 400 7»A 17,800 ? 3,200 134 *125 23'A 22 3A 23'A 300 35,700 23 % 23% 53 'A 9% 8% 23% 50 132 *52'A 9'/a 134 *130 23 800 24 % 132 52 134 12 7% 7% 52 8% 200 *23'A 24% 132 23 23% 13% 23% 7% *130 140 *130 145 12 *131 53'A 8% 9% 7'A 132 132 10,300 68 12 9 69 12 80 9 68 8 3/4 8% *23% 5,200 180 *160 *67% 24% 16% 16% 16'A 230 23 *22 23 bO 106 *104% 180 *160 8% 69 12 12 *23% 24 6% 7 180 *160 8'% *131 No par Cutler-Hammer Inc Sep 68% 6% *103 175 j 8% *67% *24 100 pfd ■ *11% 1 7% Cushman's Sons Inc 8% *67% 2.50 No par No par No par 1 Curtis-Wright common 24% Feb 3 Jan 138 Jan 137 Mar 134 175 175 8% —5 Cuneo Press Inc Jun *160 100 10 100 7% preferred Cudahy Packing Co common 31 175 100 5% 14 9 Ve Jan 14 77/a Jan 175 May 8% Mar Jun 25 of Amer 104 104% 104 104% Crucible Steel Feb 3,000 No par 11 15% Jan 16'% com__No par $4.2o preferred $4 2nd preferred 15 16 20% Jan 22 29% 13% 29'% 104 % Feb 55 29% 2,300 1,200 16% 16'A 104% Feb Dec 13'A 13% *29 3 Apr 4,500 105 13 29% 13% 16% 13% 29 3 Jan 293/a 29 *103% 29 % 24 28% 28'A *103% 39% 3.500 71'A 183 % 5% 2'/a 16% 101% 101% 71'A 5 29% 101 *100'% 4% 5 105 33 *100'A 101% 183% 71% 2 % *103% 323A 101 *100% 1,700 184 71 '/a *183'/a 5% 2% 33 *10C 'A 33% *100% *100'% 71% 183 323.', 101 32'A 32% *100'A 11 25% 19% 61'A 16% Jan Jun 7 20,500 99 % Jan Feb 18% 14% 102% Jan Nov 133 13% 32% 16 43% 14% 5 101/4 109 13% 13% Corp common 60 4% 14% Dec 16% Feb May 5% 14'% Jan 72% July 12% 143A Dec 31 Nov 21 140 13 24 May ,14 *48% BIRTHDAY 99% Mar 90 LINCOLN'S 49% *28% (The) common preferred Crown 9 16'% *48% 1 of Wheat Corp 19% Jan 16% 48% No par 141/4 Feb Oct 36% 16% 3A 2 2.50 Creameries of America Jan 13% $2 % 48 101% *5 100 preferred 23 8% *100% 25 Crane Co common— 16 49 32% 71% International Corp Coty 11 Jan 16% 49 101 182% Coty Inc 31 105 32 *100% 100 1 1 preferred 7% 16% 50 61 common—25 Corn Products Refining 3 30 % Jan 6 2 27 103'A Jan Oct 2% Jun 21% 96 30 Dec 5% 3% Mar Cum 27 102 % Jan Jan 67% Jan 182% Feb 20 5 100 pfd 3 % % series of 1947—100 13 16% 13% 61 Corning Glass Works common 3%% preferred 1,400 13 50 13 Exchange Bank & Tr Co Corn 3 5 6'A 16% CLOSED 13 *48% 1 55% *54 'A 6% 61/4 6% 17 13 *163A 50 series Cornell Dubilier Electric Corp 14 Feb 34 Sep 73% 189 Jan Convertible pref 5% 101 % Jan Dec 102 Jan Jan 57 171% $ per 9 55% Jan Oct 11% <; Shares 7% Jan Jun Jun share Sales for the Week $ per share $ per share 60% Jan Jun 7 $ per share Friday Feb. 17 Thursday Feb. 16 share 3 19% 49 Feb. 15 25 ll'A 5iy2 July Wednesday Feb. 14 S per $ per share I PRICES HIGH SALE Tuesday Feb. 13 Feb. 11 EXCHANGE Highest 6'/a Jan Jan 8% Feb $ per share $ per Jun RECORD Monday Saturday STOCK YORK NEW Range Since Jan. 1 Year 1949 S per share STOCK Monday, February 20, 1950 CHRONICLE STOCKS Range for Previous Lowest FINANCIAL & 1,300 10,200 D 96% Jan 12 97 Jan 13% Jan 25 153/a Feb 15 3 173/4 Feb 17 213A Jan 23 24 Jan 5 Davison 29% Jan 4 34 Feb 7 Jan 11 99% Feb 1 97% Jan 24 99% Jan 5 92 Jan 98 % jA'tg 97 92'% Jan 100% Dec 7% Jun 12 % l^OV 9% Jan 4% May 29 30% Jun 3.75% Preferred 23% 1,300 43% 43% 43 43% 43'% 43% 8,300 35% *35% 35 % 35% 35% 35% 35% 31'A 31'A 32'A 31%: 31% 313A 32 9% 9'A 7% IT Delaware Lack Delaware Power Dec 27 Jan 11 Dec 52'A Jan 3 56'A Jan 11 Dec 12'% Feb 15 133% Jan 10 Sep 213A Jan 13 233% Feb 3 Feb 14 Jan 6 6% Feb 14 53 Jan Jan 31 Feb 2 7% Jan 12 58 28 27 28 27 28'A 54% 54 54'A 54% 55 12% 12% 12% 12'% 12% 22% 23 ?2% 23 22% 22% (The) Edison Detroit ._ 9 13% Jan 11 De 22'A Jan 12 Devoe & 31% Sep 40 Jan 37'A Sep 45 3A Feb 40% Jan 3 9'A Jun 13'% j .>ec 12% Jan 25 9% Nov 8'A Feb 8 9'% Jan 5 12% *20% Co Match Diamond $ per share $ per 11 38% Nov 35% Jan 40 % Feb 2 Jun 53% Nov 50 % Jan 54V2 Feb 10 10% Jan 13 33 % Jan 36% Jan Jan 9 4 Sep 15% Feb 17% Jan 6 Dome Oct 69 Ve Jan 75% Feb 9 Douglas Aircraft 43 Apr 57% Dec 61 'A Feb 11 Jan 30 $4 preferred 133% Feb 11 $3.25 2nd preferred 54 % Jan 110 Jan Apr 108% Sep 109 Apr 123% Dec 119% Jan Dec 24% May' 17% Feb 19% Jan 5 Sep 86% Jan 81 % Jan 83% Jan 30 11% Mar 20% Oct 19% Jan 27 20% Jan 9 14% Oct 13 Feb 2 14% Jan 12 Dow Jun 10 10% Jan Jan x 16 3/4 Feb 14'A Jan 4 15 13 Dec 13% Feb 6 13% Jan 10 Jan 13 Nov 45 % Jan 27 Oct 172% Jan 5 29 Jan 32% Jun Jan 125 11% Jan 19% Jan 16'A Feb 10 10 17 13 Stainless 48% Feb 9 Jan 6 30% Jan 9 7 19 Dec 10 19y8 Jan 96 Dec 96 Feb 14 96% Jan 3 14'A Dec 12% Jan 25 14% Jan 9 Jan 13 96 Jan 13 Jan 9 e Oct May 8% Dec x8'A Jan 12 10 Dec 42% Jan 26 46'% Jan 5 Dec 16 Jan 13 19% Feb 36% Oct 35'A Jan e 38% Feb 8 1% Jun 2% jan 1% Jan 3 2'A Feb 16 34% Jun 37'A Feb 16 42 3/4 Jan 11 10'A Jun 17=% Jun 48 42% 23% Jun 51 Jan 11'% Jan 25 Jan 7 28 3A Nov 25'A Feb 7 28% Jan 12 75 Nov 67'% Feb 8 74 Jan 12 13% Mar Jan 51% Aug 29 13 53'A 52 3A 523A 60 *11% 12'A *12 12% 12'/a 12% 1,200 34% 34% 34% 34'% 36% EXCHANGE 2,000 34% 153A 16 15% 16'% 15% 15% 4,500 74'% 73 73% 73% 74% 4,800 60'A 13,600 61% LINCOLN'S 59% BIRTHDAY *107'% 132 60'A 59% 109 *108 132 132 60'/a 109 1323A 59% *108 109 132 132 2,600 9,900 18'A 18% 18 82'% *81 82% *81 82% *81 82 *19 20 *19 20% *19 20% 13% *13'/a 133/4 17% 17% 20% 20'A *13% 13% 13% 17% 17% 5 10 63% 63% 64 1243A *124'A 1243A 124% 125 *102'A 102 3% *102'A 102% 102'A 102 3/8 *114% 115 114% 114'% 114'% 114 114 10% 10% *10'% 11 10% V7 15'A 14 *10% 17% 15 l 10 64% 1243/4 102% 64 124% 5 Corp 63% 124% *102 100 14% 13'/a 200 800 13% 100 124% 600 102'% 200 114% 114'% 140 103% *10% 103/4 300 16% 16% 16% 16% 3,100 15 Ve 15% 143/8 15% 16'A 30,600 14% 143/8 2,400 17% X16 % 15'A 14% 15'/4 14% 143/4 14'% 14% 11 11% 11 47% 473/a 11 47% 43'A 178 179 29% 30'A 473% 178 *175 30 29% 178'A 30 *175 30 11 Ve 10% ll'A 2,800 47% 178'A 47% 47% 8,200 30 *16% 17 16'% 16% *16% 17% *17 17% *94 96 96 96 *96 98 *96 98 13% 13 % 133/4 13% *97 *97 99 13% 99 *97 13% 99 64 1243/4 14% 11 63 3/a 21,600 *102'A 17 % 47% *30 1 114 64 15% 17% 11 *178 2.50 10% 48 2 Inc common 64% 11 100 13% *97 13% 99 178'A 40 179 30 17 2,600 303/a 17 50 98 *96 13% *97 500 . 3,400 13% 99 ■ _— 2,200 *9% 9% 9% 9'A 8% 9'A 9'A 9% 9% 9% 5 43'A 43'A 43 Ve 43% 43 'A 43% 43'/a 43 Ve 43% 43% 4,700 3 18% 18% 18'/a 18aA 18'% 18% 18'A 18% 18% 18% 6,600 No par *37% 38% 37% 37% 37% 37% 37% 3 6'A 37 % 1% 1% 2'A 2% 2'A 130,500 37% Ll Stop Nut Co Convertible 34% 900 73'% CLOSED 109% 100 Electric Auto-Lite Electric 17% *52% 133% preferred 45% Feb 53'A 60% : Jun 323/4 Mar 400 53 1 Steel Stores Boat 13% 39 54 132% preferred Elastic Shares 13% 38'A 38 *108% Ekco Products Co common 4 % % $ per share 13% 39 15 common Apr 6 12 3A Bros 4%% $ per share 13% 16% Manufacturing Co Edison Sales for the Week 39 12% 17% Feb. 16 14 STOCK *81 share Friday Feb. 17 Thursday 38 74% 1st pfd preferred Eaton S per 14 36% 50c 18 37% 15% Eastman Kodak Co common 6% Feb. 15 tper share *12% 10 Corp 179 Wednesday /Feb. 14 14 % 74 Inc^ Eastern Feb 33% Airlines Eastern Jan 96 54 Eagle-Picher Co 9 Apr ' Light 5% DWG Cigar Corp 3 Jan 10'A 16% Feb 33 18% 18'% 400 44 *43 And high SALE PRICES Tuesday Feb. 13 I per share *13% 5 Duquesne Eastern Manday Saturday No par 12 14% 943% 17% 18 , (E I) & Co— 15% Jan 88 101 9,100 ' 16% 21% 18% No par 114% Feb 48'A 18'A 18 '/a 18 No par 4 202 2,700 Preferred $3.50 series— 113 % Jan Jun 8 3% Preferred $4.50 series.! 115% Jan 8'A Common 27 Jun 38% 8'A 10 9 101% Jan 7% July 164 700 8'A 11 122% Jan 16% Mar 7'A 12% 8% 25 60 Ve Jan Oct 102% Aug '*•' 12% 8 % Jan Nov 124% Jan 363/8 1.400 8% 64% Feb 63% Feb 1,300 36 3/a .8'A 102% Feb Jun 20% 8% 18% Dunhili International Pont de Nem 13 20% 8% No par No par Duplan Corp 400 13 13 20% 12% convertible preferred—__100 3%% 20% 43 common series A 20% 36% Dresser Industries common Du 13 Chemical Co *12% 20 3.4 12% No par ). 13 *12% 13 20 3A 42% No par Ltd Mines 21% 1,500 36'% 5 Dec 18% 72% 3,100 12% No par 38% 6% 21% 36% No par Jan 6% *21'% 42% No par Pepper Co Doehler-Jarvis Corp 6% 21% 12% 1 Dr. 6% *21'% 42% Feb. 11 common 6% 21% 36% low Class A— _ 6% 21'% 12% Par Dixie Cup Co •__ 6% 363A Divco Corp Feb 20", 20% 58 *56 58 42% STOCK 12% Jun *1234 6,000 36'/a A Distill Corp-Seagrams Ltd 48% Jun 12% 2,200 23 42% share Feb 15% 21% 21 12% 22% 22% 12'A *12% EXCHANGE 45 % 13 6 34 21.3/4 *56 4,200 55 543A • 12% 50c 2 24 'A 12% 6% 58 *56 22 34 12'A 42% participating preferred NEW YORK 58 543/4 37% Diana Stores Corp 15% Jan 28% 28 27% 54% 12% 5 common 58 v 27% *12 *42% Diamond T Motor Car Co share 12% Jan 2,700 3,500 *36% 3 Highest 23 22% 23 500 3,000 11,600 25 16 , 22% 9% —2 3 Feb 13 3% Jan Range Since Jan. 1 Lowest 9 No par 39'A Jan 6% *56 STOCKS Highest Jun 21% Raynolds class A—_12.50 Vilbiss Range for Previous 9% *6% 1 Detroit Steel Corp 23 % Jan 112 1 Detroit-Michigan Stove Co 6 Jan *56 A» Detroit Hillsdale & S W RR Co__100 13 Year 1949 23 12% 20'% Jan 12 23 54% 20 3A Jan 18 3/4 Jan 23% 28 xl2% Jan 43 93% 22% 23% 8 20 NOV 14% Mar *23 13.50 100 Nov Jan Light Co 100 24% Mar 13 & preferred 13'% 17% Jan 9% Western & 9% 9 common 22 % Dec 50 9 ctfs for Jun 14 31 ctfs for Jun 36'% Feb 31% 9% Escrow 11% ? 35% 31 % Escrow Derby Oil Co 16% 25 *35'% *35% 100 9 9% Grande West RR Rio & 9 9% ._______20 Hudson & 14 14% , preferred Delaware 103/8 Jan 53% 97% 8,600 *23'A 44 30% 43 'A 9'A 23% 43 Dec 119 14% 12,500 43% 23% Feb Jun 13% 10 14% 14 43 Via Jun 8% 14% 99'% *99 No par Jun 167/a 14% 15% 99% 100% . 12'% 78 14% 15% *99 Deere & Co common 19 101 14% 50c *97% 99% 100 31 Jan 343/4 101 % 100 3/a 99 »A 45 3 July *98'% *99'A *97% 4 12 25 99'% 100 3/a 99 100 *98 9 8% Jan Jun *97% _100 23 21'% Jan 10 4,100 99'% 9% Jan $ per 3,000 33'A 23'% Deo 17 22'A 33'A 9 9% share 22 23 22% Feb 17'% y8 333% 9'A Denver 9% 22 33'A 23'A Jun $ per 22 33% 22 34 Jun Lowest 22'A 33'% 24 3 18% 22 33% 9% 11 Jun 22% 33 'A 23% Jan 12% 22 '4 33% 50c Jan Jun *163,4 22% 33% __________i 33 6'A 17% 22% Deep Rock Oil Corp 36 Jun B *16% Decca Records Inc 3 15 150 Dayton Rubber Co 13 9'% 300 5 29% Jan 58 17% 30 35% Jan Jun 1,300 17% 17'% 11 Rep Jun 15'A Jan 153/a Feb 10 Jan 43/4 14'A 97 15'A 24% Jan 36% .50 17'% 133/4 96'% 15'A 38% Jan Oct 23'A 17% *1634 13% 97 3 40% Jan 15'A 3 Jun i20 *96'A 15% 27 Mar / 13% 96 7% Jan 26 5% 13% 96% 15 . 15'A 8'A Jan 31 19 % 100 (The) series 14 11'A Jan 22 Jan 433/4 Jun 17 Chemical Corp 13% 96% *96 15 7 Dayton Power & Light common Preferred 3.75% series A 31 14% 1 15% Jan Dec 22'% Jan 13% 97 *96 _100 2.50 20 preferred series A_ Davega Stores Corp common 5% convertible preferred May Mar 26'A xl6% 13% 1 Corp common 3%% 23 Dec 17'% May Jan 15 96 14% 11'A July Nov Dana (The) common preferred 1% Elec & Mus Ind Amer shares 1 2 *37 2 2% 37'A 700 3 9'/a 39% 38'% 39%. 38 38 37% 2,000 Elgin National Watch Co 15 12% 12'% 12'A 12% 12% 12% 12'A 12% 12'A 12 3/a 2,000 Elliott 10 *25% 26 25'% 253/4 25'A 25% 25% 25% 25% 26 1,400 50 *68 70 *66'A *66'/a 69 69 Ve 69% 50 *50 51% *50% 51 51 51 26'/8 26 26% 5,100 133/4 4,000 26% 76,300 Electric Storage Battery Co 5%% 5% No par common convertible preferred Oct 50 Jan 13 51 Jan 10 May 26 Feb 16 28% Jan 6 Emerson Emerson Radio & preference El Paso Natural Gas___ _3 26% *14 70 *66 70 38 *50% 51% 50% 51 26 3% 26 'A 26% 26% 26% 26 14'A 14 14% 13% 14 13% 14'A 133/4 27 3/a 25% • 100 60 8% Jun 14% Dec 13% Feb 15 15% Jan 12 12% Jun 13% Nov xl6'A Jan 3 293% Feb 11 5 27% 293/g 26 % 28% 26% 27% 26% 14% Jan 18'A Nov 17% Jan 11 19'/a Feb 8 Empire District Electric Co 10 18% 18% 18% 19 18% 18% 18% 18 3A 18'A 18% 2,400 Jun 353A Dec 30 Feb 6 33% Jan 5 Endicott Johnson 25 *30'/a 31% 30 30 X29'A 30 30 30 30 30 30'A 2,800 100% Jan 10 Jan 5 103 103 103 100'% Jan 105 Dec 4% Jun 7 Dec 6% Jan 13 7% Jan 5 10% Jan 13 12'A Jan 10 9% 48% 55 Jun 14% Jan Jun 61% Jan 55 Jan 13 68 Jan 60 Jan 9 July 57% Feb 60 2 Jan 9 4% Electric Mfg Co____ Phonograph Corp common preferred 100 5% preferred series A RR Co Erie & Pittsburgh Eureka Williams 33A Feb 53A Dec 5'A Jan 25 6 % Jan 6% Jun 10 "a Jan 8 % Feb 14 103A Jan 11 63A Jun H3A Dec 9% Feb 16 ll'A Jan 7 Eversharp Inc Jan 613/4 Dec Jan 13 61'A Feb 9 Ex-Cell-O Corp 3'% Jan 5 Jan 10 36 3 Jun 5% For footnotes see 55 Apr page 18 4 'A Evans Products 103 103 Corp Co 1 6% _No par Equitable Office Bldg Erie RR common 11 _4 *11% *55% 5 5 9 7 Exchange Buffet Corp *102% 6% 6% 6% 19,900 113/8 ll'A 113/4 17,100 11 % 11% ' 56 56 56 *56 56% *56 *59 62 *59 62 *59 *59'A *5'% 5% 8% 9 63 53/4 5% 5% 5% 9 9% 9% 9 9% 10'/a 10 % 10% 10 Ve 10 y4 3 *59'A 60'% 60 60'% 2.50 *3% 3% * *3% ' 3% 60 23A 120 6% *6% 7 1023A 11 Ve 6% 11% 1 ; 1023/4 56 63 *5% *102% 6% 56% *59 50 102% 11 Ve 11% 100 102% 9'A 53/a 9 200 56 % 'A 5% 9 10 Ve 93/4 63' 1,200 5% 1,200 9 10 . 6,800 60'A 59 'A 59'A 59% 59% 700 33A 3% 33/4 *3% 3% 300 Volume Number 4883 171 THE COMMERCIAL NEW Range for Previous Range Since Jan. 1 Lowest Highest S per share YORK NEW Highest $ per share $ per share STOCK S per YORK Saturday Par Jun Feb 25% Oct 23% Jan Feb 4 Fajardo Sugar Co 19 >A Oct 23% Dec 2UVa Jan 23 22% Jan 7 Falstalf Brewing Corp 15% Oct 14% Jan 3 16% Feb 6 7% Jan % Jan 3 1% Jan 14 15% % Jun 11% Mar Jan 39 Jan 3 42% Jan 3 - 25 Fairbanks Morse & Co 11 Family Finance Corp common— 37% Feb 104% Jan 3 13% Jan 16 38% 18% No par *4% 4 Va BIRTHDAY 4% 4% 4% 18% 4% 12 V2 Jun 17% Dec 17% Jan 3 19% Jan 20 8 63% July 81% Dec 80% Jan 19 83% Feb 43 July 56 Dec 52% Jan 13 May 53 107% Mar Jan 105 Feb 15 17 106% Jan preferred 103% 5 12% Co Ferro Enamel Corp Fidelity Phoenix Fire Ins N Y 4%% 5 com_. preferred- 67- Jan 70 Vs Feb 17 First National U Va July 17% Jan 13 Jan 3 14% Jan 20 Firth Jun 31% Jan 30 Va Jan 4 33 '/a Jan 9 Flintkote Co 98% Jan 104% Dec 104% Feb 15 4 28 Jan .24% Jan 5 27% Feb 2 $4 preferred t Florence Stove Co. 18% Dec 18 Va Jan 3 19 Va Feb 10 Florida 20% Feb 15 '.'21% Feb 15 Florida May 15% Oct 14% Feb-14 15% Jan 10 Florsheim Shoe class A 9% Sep 24% Jan 11% Jan 3 14% Jan -12 8"% Feb 14% Dec 14% Jan 3 17% Feb 69 18% May 13% 12 Jan 20% - Dec • . 106- Jan Stores & 18 Food 83 83 56% 57% 106 105% 106'A 68 % 13% 13% 13% 13 % 1,500 31% 30% 31 30% 31% 4,200 *104 • *26% 105 % 104% 104% 104% 26% 26% 26% 19% 18% 19 6,800 21 34,500 104 V# 27 *26 27 *26% 27 26% 19 1J 19 V# 17% 19 18% 20 Va 21% 20% 21 20% 15 14'A 14% •14V# 14% 14% 15 *14% 12% 12 V# 12% 12 V# 12'A 12 12% 12 12% 5,000 16% ' 17 16'% 17 16% 17% 17% 17% 17% 17% II,400 4,200 *14% Jan Jan 13 Nov 89% Jan 3 96% Feb 10 3%% convertible preferred 100 Oct 96 Jan' 7 99 30 3%% preferred 100 19% Feb 33% Dec 29 Jan 25 33% Jan , 21% Jun 25% Dec 24' Jan 30 25d. Jan 16 Nov 12% Aug 9 V« Jan 3 11% Jan 27 prior preferred Francisco Sugar Co *23% 8% _No par 8 Jun ' *10% 10% May 9% Feb 3 11% Jan 10 x38 Franklin Stores Corp 1 *9 % Feb 60 Nov 57% Jan 13 65% Feb 10 Freeport Sulphur Co Jan 17% Dec 17 Jan 13 19Vs Feb 3 Jun 23% Dec 20 Feb 16 22% Jan 9 78% Feb 7o% Jan 3 80 Feb 1 7% Feb 16 Gabriel Co Gair Co 11% 16% 67 Sep 500 15 29% 29% 29% 29% 29 29'A 29% 29% 29% 29% ' 96 96 96% 94% 96 95% 96 95 Va 95% " *98% 99 98 98 Va 98 *4 98% 98% 98% 98% 98% 110 30% 31 30 30% 29% 30 29% 30 30 30% 2,700 24% *23% 24% *23% 24% ♦23% 10% 10% 10% 10 V. 10% 10% 9% 9% 9% 9% 9% 9% lo preferred 300 96 * ' 24% 10% 9% 10% 10 65 64% C5 63 Va 64 % 63% 9% 63% 9% 64% 63% 64 19 13 13 18 18 18 18 18 18 21% 20% 20% 2i 20 20 Va 20 % 20% 7Di> _100 490 24 % *23% *18% 21 Va ' Froedtert Grain <fc Malting Co Inc_l Fruehauf Trailer Co common 1 4% 105 105 1 10 10 150 105 19 —_1 25 1.200 "104 . * 10 6% 70 V# 69% 13 V# 30% 7% Corp common 69 13 V# 96% Foster-Wheeler 1,250 68% 92% 5 6,100 105% 12% - ,-No par Machinery & Chem Corp 1,200 59% 105 Va 13% 29% Jan 82 % 58% * 31 Va Apr - *68 900 68% May 30% Jan 68 Va 18% 82 82 58 105% 1,100 17% 30% July : 82 57% 105 Va 110 12% *13% 89 - 82 Va 57% 106% 56 % 4,600 104 12% 13 % 69 78 28- 82 Va 105 36% 104 2,700 31% Light Co.—No par 15 83 1,000 4% 13% • > No par Follansbee Steel Corp Food Fair Stores Inc 18 500 19 31% * No par Corp——— Power •17% 58 *68 No par (The) common—No par Power 17% 105% . No par (The) Carpet Co 17 Va 12% 17% 104 5,500 39 % 36% 36% 36% 36 900 16 # 4 Va 104% 12% 17 Va 18 ' —100 21% 36% 104 % 12% 17% 12'A 83 25 Rubber & 4% *12% 104 104 12% 4% 12% 3 7'/a 3b % 104 104 15% 16 *15% 57% 1 10 Firestone Tire CLOSED 37 37 .——100 *_ Felt & Tarrant Mfg 59% Feb 17 105 - Truck— Motor 4%% 21 *38% 18% — — Federated Dept Stores common—„5 3 12 15 7 15% 38% __ 18, 23,800 16 V# 33% Jan 3 IV# 19 Federal 13 7,600 1% 39 10 Jan 16% 1% *18% 5% Jan 11% Jan 16 Va IV# *38 14 103 16 Va 18% 4 % Feb Jan 16 '/a 2,300 38% Jun Sep 1% I,200 24% 18% 3% Dec 16% 1% 39% 24% *20% 38 Federal-Mogul Corp 20% 16 Va IV# 1 39% 24% 21% 16% LINCOLN'S 17 36 16% STOCK EXCHANGE 40 24% 18% Federal Feb 104 16% 1% 39% Shares *20% 39 16 19 Feb lo Va 1 Va 24 Va 21 15% 38% Feb 13 Nov *20% *18% 13 9 17% Jan 10% 24% 21'/# *38 Va 16 % Jan 36% Jan 18% Nov. 95 % Mar 24 Va Sales for the Week 17 Sper share 1 3 38% Jan Jun 24% 39% 20% Friday Feb. Feb. in 5 15% Jan Jun 14% Jan 40 Va 40 39% 24% 21 Thursday t per share Mining & Smelting Co_..—2 Dec 32 6% . — Feb. 15 $ per share 16% 1 Liquidating Corp Fedders-Quigan Corp Wednesday share ' 1 FAR $ per 24% 40% *24 Va 1 ._ $ per share SALE PRICES HIGH 14 Feb. 20% *39 % No par — AND Tuesday Feb. 13 $ per share (759) 1 II RECORD Monday Feb. II share 19 12% Aug CHRONICLE LOW STOCK EXCHANGE 34 41% FINANCIAL STOCKS Year 1941) Lowest & 79 Va bJ 80 80 *79 79% 78 79 21 ; % 80 1,100 900 , % 2,200 1,000 7,700 220 G 4% Jun 7'/a Apr 5% Jan 3 4% Jun 7%. Oct 7% Jan 3 8% Jan 10 14% Jun 17% Jan 12 18% Jan 28 6% Jan 18% Dec Oct 9% Jan Oct 41% Jan 13 Feb 17% Dec 15 Jun 19 Apr 10% Jun 16% Dec 15% Jan 3% Jun 6% Feb 4% Jan 24% Feb 6 31% 6% (The) Inc 1 (Robert) 3 8 V# Jan 20 35 Jan 3 38% Jan 12 17 Jan 10 18% Feb 11 Gamewell xl7% Jan 3 19 Jan 10 Gardner-Denver 3 19% Feb 10 Garrett 3 5% Jan 12 Gar Wood Industries Inc Gamble-Skogmo Inc common 5% Co Co No par No par —2 Jun 32% Feb 2 27'A Jan 12 Jun 23% Jan 18% Feb 4 20 % Jan 11 Jan 19% Dec 18 Jan 3 19% Jan 11 General Jun 105 106 % Feb 99 Jan Sep July 9% Jun 107 11 Dec General Baking Co common-. 5 12 Jan $4.50 preferred 31 5 165 Feb 7 6 Jun 10 Jan 6% Feb 14 9 % Jan Apr 79% Jan 16% Feb $8 General 9 General Cable Corp com 4% 1st preferred Jan 71 Jan 20 75 Jun 31 Jan 27% Feb 14 30% Jan 9 17 Jun 20 Apr 16% Feb 16 18% Jan 11 129 138% Jan 9 Jun 139% Apr 133% Feb 17 34 Jun 42% Dec 41 '/a Jan 13 46 Feb Jail 48% Dec 47% Jan 13 50% Feb 3 93% Jan OO 100% Feb Bronze conv 2nd Jun 126 Jan 13 129 Feb 17 112 jjec 109 Va Jan 10 113 Jan 24- 5% preferred 3%% convertible NEW Highest YORK *72 Va 74 *72% 74 *72% *27% 28 *27% 28 *27% 28 *17% 17% 17 16% 17 134% 135 13 78% Feb 10 Sep 125% Jan 5 126% Jan 24 $5 preferred 102% Jan 6 104Va Feb 11 Feb 19% Sep 19 Va Jan 3 21% Jan 16 Jun 387/a 101 Va 100% J 00% 10% 10% 10% 10% 13% 11% 12'A 55% 55 55'A 55% 54% 55 128'A 123 129 50 112% 111 111 200 127% 17 20% *20 V# 21 20% 17 General Public Utilities Corp Jun 20% Jan 19% Jan 4 24% Feb 17 Gen Railway Signal com May 124% Dec 121 % Jan 6 Feb 7% Nov 6% Jan 20 1 9 General 5 General 31 Nov 29% Jan 11 General 24% Jan 9 99 % Apr 102% Jan Jan 10 15% Jun 21% Jan 19 % Jan 3 July 77% Apr 77% Jan 23 21% Feb 101 1 102 Jan 14 80 STOCK 20% EXCHANGE 34% 34% 35 14% 14 % *3% 3% CLOSED / 23% 23% 24% 24% 24'/a 24% ——100 *124 10c 5% Refractories——„No par 24% 125 *124 7 6% 24% 24% 32% 32% 114% 114'A 114% -20 29% 29% 29 % Va 29% 22% 22% *22 Va preferred 100 *101 23% 103% *101 23% 37% Dec 33% Jan 13 38 Feb 3 Gillette Safety Razor com 79% Jun 94% Jan 31 12% preferred *80 72% 72% 9% 9% No par 36% 36% *93% 91 Jan Jan 4 17% Jan 14% Jan 13 16V»Jan 9 $5 convertible preference Brothers common No par Jun Gimbel 5 15 Oct 80 Jan 10 83 Jan 26 $4.50 No par *82 84 21 Dec 28 % Aug 18% Jan 25 24% Jan 11 17% Jun 25% Dec 24% Jan 55 Dec 54 10% Dec 36 15 80% 56 Jan 12 Feb 2 5 14 Va Jun 19 Sep 14 % Jan 24 Jan Jun 72% Dec 69% Jan 3 84% Feb 104% Jan 10 49% Feb 100 Jun 34 Jun 98% Jun 10 Jun 1 Va May 104 101 % Jan 20 Jan 43% Jan 13 Sep 103% Jan 16% Mar 45% 106 3% 12 Va Jan 13% Feb 10 1% Jan 2% Jan 10 5% Feb 8% Apr Jan 30% Dec 29 Jun 28 % Jan 24% Jan 20% Mar 28% Dec 26 Va Jan Dec 7% Jan 9 Jan Jan 9 10 Grand Jan 11 31 27% Jan 5 Grant 102Va Jan 9 3%% preferred Grayson-Robinson Stores 100% Jan 6 11 Jun 16% Apr 15 Va Jan 13 16% Feb 3 32 Jan 36% Oct 33% Jan 12 35% Jan 17 Union Co (W T) $2.25 conv Co 14 Va Sep 12 Jan 3 13 Jan 12 Gt Northern Iron Jun 43% Jan 40% Jan 3 44!A Jan 10 Gt> Northern Ry 6% 16% Jan Oct 18% Jan 13 17 137 Va Jan 62 Va Dec 33% Mar 19% 20% Feb Jan 100 July Apr 97% Jan 3 Jan 28 Jun 18% Jan 13 24% Feb 15 7% July 6% Jan 3 8'A Jan 19 5 Feb 92 Jan 20% 101 Dec Jan 3 Jun 14 Jan 127/a Jan 3 Jun 9 Va 41 54% Dec 51% Jan 4 25 100 56% Jun 71% Jan 59 % Jan 16% Jan 22 % Dec 21 For footnotes see page 18 Jan 3 100 102 15 Jan 63% Jan 24% Jan Common 12/ 3 13 . common $5 preferred 54% 11% 11% 108 11% 54% 11% 11% 11% 54% 11% *107% 54 Va 108 109 Va *107% 109% 54% 54% 400 11% 109% 4,600 10 3,600 5,900 *103% 8% 104% 104 47% 109 46% 107 13-% 12% 2 Va 2 104 104 104 13% 2 Vs 47% 48% 106'A 47% 107 106'A 13 V# 13 V# 2 2 Va 103% 48 Va ♦106 13% 2 8% 103% 104% 600 48% 48 48% 8,600 107% *106 107% 13% 2% 12% 2 8% 200 12% ' 1,400 2% 24,000 8% 1,500 8% 8% 8% 8% *34 34% 33% 34 *33% 34% 34 34 33% 34 1,300 *25% 25% 25% 25% 25 V# 25 % 25% 25% 25% 25% 1,100 27 26% 27% *26% 27% 27 27 1,400 101% 1011/2 27 27 *26% 8 Va 8% 15% 15% 16 16 16 35 V# 35 35 35 35 >■ 101% 100% 101% 101 101 *101 % 15% *35 101% 250 16% 3,200 35% 180 12 Va 12% 12% 12% 12% 12% 12% 12% 12% 12% 2,900 42% 42% 41% 42% 42 42% 42 Va 42% X417/a 42% 3,200 20 Va 2,800 20 144% *66 10% 19% 20 *143 Va 144% *66 75 42% 42% 20 V# 145 19% 20% 20% 20% 144% 144% 143% 143% 75 *66 75 43 43 43 15 14'/# 14% 10% 10% 10% *14 10% 67 *42% *14% 15 10% 10% 11 99 Va 99 Va *99 '•99 99% 22% 22 24'A 22% 24% 22% 7% 7% 7% 7% 7% *102 103 14% *55% 55 Va 25 61% 62 No par 23% 23% , 103 *102 99% 103 14 Va 13% 55% 55 Va ♦54 V. 60 61% 59 Va 60'A 23% 24 23 Va 23% 13% 14% 10 43% 14% 99% *102 80 70 10% 7% *99 43% 145 14 22% 7% 43 20% 144% *63 10% 1 *99 67 14% _1 No par 55 11% 15 % 15% 100 55 *107 Va 82% 35 V# .100 2U0 15 % 16 —100 4,900 82% 35% No par 15 % 15% *35 $5 convertible preferred No par Gulf Mobile & Ohio RR eom.No par Gulf Oil Corp Gulf States Utilities Co.. 54% 109 *15% 3 4%%,-pieferred Grunhrfari Aircraft Corp 6 Jan 17 56% Jan : Co Inc Guantapamo Sugar 83 95% 83 *14 Va 15 Va 83 15% Greenfield Tap & Die Corp..No par Greyhound Corp (The)— 93% 14% 83 82'A 42% 11 14% 83 15% 1 10 *94% 14% 84% Green 14% Feb 95% 15 83% 15 12 11% Jan *94% 4,300 83 44% Jan 3 95 V# 5,200 15% 4 4 14% *82 "40 9% 37 % 37 84% Jan Jan *94% 37 % 15 V# 41 10% Jan 15 % 36% 81 Green Bay & Western RR 13 95 % 84 37 % 15'A 17 July 37 37 81 30 14% Mar 75 9% 3,800 Feb 12 83 *72 9% 10,200 Jan Oct *82 75 9% 28% 71 Jun 83 *71 9% 27% 145 9% *80 75 9 % 28 3 11% 83 *71 10 27% 6 (H L) *80 8,900 28 V« Dec 43% 83 *100% No par 23% 23% 72% 1 Prop—No par pfd 100 103% *101 27% Jan preferred 24% 28% 65 7% 103% 330 23 28 Nov 67 *22% 100 com Great Western Sugar com 144% Mar 133% July Ore 22% 1,600 28 % 2 No par Jun *22% 400 29 Va 21% 13% 5 preferred 11% 29 Va 20% 47 10 33% 116 21 % *107 No par common 33 115% 20% *104 5 (The) *32% 29% 23% 4,200 23% 32% 21 par 1 Granite City Steel 23 % 24 'A 116 29% *101 2,800 15 % No par 34% Feb 26 6 7/a 20% No par Graham-Paige Motors G^anby Consol M S & P 24% 5,000 126 6% 80 No par $5 preferred Gotham Hosiery 103% 24 *124% 20 % 11% 10 $5 preferred *101 6% 20% *108 (B P) common-Nopar Goodyear Tire & Rub com—_No 107 14% *82 'A 23% *32% 115 125 21 *54 1 8 Jan 101 Goodrich Co *93% 103% 23 6% 28 50 Goodall-Sanford Inc 95% *22% 23 24 29 *124 20% 100 9 16% Apr convertible preferred— Brewing Co Telegraph Co Feb 16 Va 93% 18 __ Gold & Stock 14 Aug 4%% Goebel 9 52% preferred Gleaner Harvester Corp 2.50 Glidden Co (The) common—_No par 11 23 % 9% 72% July 112% Jan 24% 32% 114% Jun 10 24 6% *32% 24 13 24% 125 6% 33 83 Feb *124 % 115 *80 10% Jan 6 115 29% *70 108 125 *32% Corp Castings $6 pfd Telephone Corp General Tire & Rubber Co com——5 2 5,800 24% 100 Jan 4,400 33,'200 2J 3%% preferred 100 Georgia-Pac Plywood & Lumb Co__1 116 3% BIRTHDAY 6 Jun 15% 3% 23% 3 Jan 34% 15% 3% *23 14 July 34% 15 Va 3% No par Feb 5% 34% 14% 17% 10% Feb x95% 34% 14% 3 17'A 72% Feb Feb 34% 14% 17% 7 29 4,700 900 34% 17% 25 3 800 17 Jan 23 20% 16% 8% Jan Jan *20% a Feb 48 900 20% 17! Va 90 126% 104% 14 -1 4*A% 40,200 76 126% 167/# 12 68 Shares *103% LINCOLN'S 73 Mar 74-% for the Week 35 3% No par 4lA% Sales 11 share 17% Sep 5% 8 Feb. $ per 17 Jun 64 14 General Time Corp common—No par 12 24% Feb 100 54,600 2,700 5 Gen Steel Shoe 21 —10c Realty & Utilities 16 Dec 21 No par Co Equip Corp preferred Feb 75% 126% 104 17% Feb Jan 74% 126% 3 34 75% 104 16% Jan 116 101 Friday 16 126% Nov 5 75 Va Feb. 104 17 18 *100 Thursday S per share 126% Service General Portland Cement 31 76% tper share 103% General Public Jan share 126% 3 23 Va Jan Feb. 15 Feb. 14 104 Va 9 113 Wednesday Tuesday $ per x74% 11 x31% Jan Sper share 104% Jan 27% t per share *126V, 3% Jan Jun Feb. IS 77% 15% Jan 18% Monday 104% 4 Jan •111 I26V4 10 Dec 112% 77% 3% Feb Jan *111 104% 13% Jan 34 128% 112% 126% 34 % Feb 24% *127% *110% 10 Dec 122 127% 55% *127% No par Dec Mar *100 __No par - 16% Mar 99'/a July 22% Jan 4,900 10 Gen Outdoor Advertising-—--No par 6% 170 44,200 48% 55% Saturday Preferred $3.75 series— General 46 va 48% 10% General Motors Corp common 6 2,000 133% 133% 45 20 200 V4 17 LOW AND HIGH SALE PRICES Dec 10 134 17 55% 101% Feb. 11 127% 28% Jan 13 17 10% STOCK 13 1 134 134 128 104% Feb 11,500 73% 27'/a 17% 112% Jan 67 73 27% *133 Par 7% Jan 7% 73 EXCHANGE Gen Precision 40 1,800 7% 55 % $ per share 25VtJan 7>A 18 *127 Jan Jun 6% 74 *111 Jun 24 7 27% 1—ion 51% 20% 6% *72% STOCKS Range Since Jan. 1 125 7 2,500 16 16 *27 preferred—100 123 Va 4% 6% 7 16'A 1 Corp— common x97 120 11% 164% 16 No par $3.50 preferred Range for Previous 15% 11 Va *163% va 101 % 128% Jan 11% 164% lo *100 Apr 11 Va 11% 164% 10 78 AO 74 *100 Jan 38 11 % 164% 107a No par 123% 37/a 11 % 164% 45% 48% Instrument 2,500 . '1% 44 Va Mills p 106 164% 1 48% General 20 48% 48% ii. . 16 % 110 106 Va *106% *104 Va 164% 11% 48% General Jun 48% 45 Va 16 2% 1061/2 106 134% 25 68% Jan 48 % 48% 13 % Feb x •106Va *104'A 44% 56% Jan Nov 48% 106 134 Va 4 $ per share 106% i 16 $ per share 48% *104'A < 8% Jan Lowest 49 44% 54% Jan Highest 106 % 10b H 106 49% Dec Year 1949 > 47% *104% 47% 44'A Jan 11% July *10r> 106 % 48 Dec 22% 1,600 5,500 44% CO 72% 19% 18% 50 13% share 19 Va 18% 44% 56% S per 19% 18% 50 Jun Lowest 19% 18% No par Jun Jan 6% 100 Corp com 200 26 26 19% General Foods 44% 103 No par _ x6% 16 *15% Inc com—-No par 4,600 19 165 5 preferred 4 % 4% 19% 11% *164% 50 300 2,000 18% 106 100 1,700 18% 19 a No par 7% 18 Va 19 19 3 General Electric Co 9 18'A 18 Va 13% 47% preferred— 600 19% *10314 Corp General Cigar Co 17 39% 4% '*105% 5 26 V2 1,900 37 18% _5 No par 5 7% 36 Va * 200 3C" 19% No par preferred 18% 18% -J 19 % 19 100 Transportation 2 24% 97 *25% $4.25 preferred series A__ 12 65% 2b Va 6 Jan 18% *2o va 31 13 Va Jan *18 Va 18% 2o Va 49'A Feb 10% Jan 18% *18% 2 b Va 104% Jan 161 18% 19% 26 Va 11 Dec 18 v» 7,700 5,000 *-* 00 7% 18Va 18 Va 18 V# 18% *25 19% com__l *18 7% 18 17% 18% 18% 7% 8 7% 7% 37 50 —1.66% Investors 12 Jan 18 18 7% 7% 7% 18% 37 4% 13 163% 7% 37 % *37 4% Jan 15 Oct 7Va 7% 37% 7% x7% *18 4% 45% Jan Feb 7% 37% 7% 4% 103% Jan 9% 152 7% 38% 7 19 4% Jan Amer 7% *18% 4% 48'A Nov General 7% 18% 4% 106 15 6% 6 % 7'% 18% 19 % 19 convertible preferred American 6% 6% 7% 19 1 com Gaylord Container Corp 13% 41% 7% *37%. 17% *18% (The) 15% 4%% 7% 5 (The) Corp *6% *13% —50 convertible preferred 21% 103% „ 1 20 common preferred 14% 55 ♦102 99% 23 7'A 103 14 14'A 54'A 54 V. 59% x23 ,23 7V8 ' 700 58,700 24 7 2,100 10 40,000 'A 2,500 13% 14% 7,600 5o *102 103 53 Va 1,700 60 Va 59% 60% 14,500 23% 22% 23 % 6.000 12 COMMERCIAL THE (760) Lowest Highest Feb. EXCHANGE Highest $ per Par $ per share $ per share $ per share share LOW Saturday STOCK YORK NEW Range Since Jan. I Year 1949 $ per CHRONICLE STOCKS Range for Previous Lowest FINANCIAL & 11 share Feb. $ per share $ per Thursday Wednesday Tuesday Feb. 13 I'RICES SALE HIGH AND Monday Monday, February 20, 1950 Feb. 15 14 share Sales for Friday Feb. Feb. 16 $ per share $ per share the Week 17 Shares $ per share H 31 Jan 393/4 Dec 40% Jan 9 46 % Feb 14 Hackensack Water 16% Jun 243/a Dec 22% Jan 13 25% Jan 30 Halliburton Oil Jan 143/4 Dec 14 % Jan 4 15% Jan 12 Hall *12 11% Jun 3 Hanria 6 Harbison-Walk 108 % Nov 104% Feb 14 Nov 23% Jan .20 Jan 3 23 Feb Feb 145 Jan 5 146 4'k Feb 1 20 3% Jan 25% Dec 23% Jan 3 27% Jan 12 Jan 73% Nov 5% Jan 3 7% Feb 10 preferred- conv Hare 43/4 149 May Jan 61 6% 5% 68% Oct 64% Jan 5 71 Feb 10% Dec 9% Feb 1 11 Jan 8 3/4 Jan 7 9% 3 6% Jan Jan Schaffner Hayes Feb Dec 21% Feb 9 24 % Jan 10 Jan 25% Dec 25 34 Jan 3 29 Feb 6 Hecht Co 84 Jan 95% Dec Feb 3 94% Jan 3 33A '/o 30 Jan 373% Dec 37% Jan 3 Jan 9 98% Jan 23% Jan 105 Dec Jan 24 106% Jan 32% Jan 17 34% Jan 13% Jan 17% Aug 16 40 Jun 53 Dec Feb 131 Sep 122% 423/4 413/4 Jan 25 18 Feb 9 23 53 Feb 11 Jan 6 127 Jan 24 46'A Jan 11 Feb 8 125 26% Mar 45 Dec 40% Jan 25 533% Dec 53% Jan 4 56 J) Co W) Dec 51% Jan 6 53% Feb 3 Jan 15% Jan 3 20% Feb 17 21% Jan 13 % Feb 10 18 % Jan 7 77 Dec 84% Sep 74 '/a Feb 16 80 Jan 6 8% May 12% Dec 11% Jan 4 12% Jan 11 Hilton Hotels 15% Dec 14% Jan 4 15% Feb 3 Hinde & Hires 11% Jun Hewitt-Robins Apr 100 34% 9% 9% 9% 934 9% 934 9% 800 7'/a 7% 7 7% 7% 7% 7% 7% 7'A 7% 7,700 22 22'% 22 'A 22% 22% 1,400 27% 70% 2 2'A 28% 27% *27'A 28 'A *27% 28 2734 *94% 95 *94% 95 *94% 95 *94% 95 *94% *38% 39% *38% 39 *38 39 *38 38 3 4 *104% 105% 105 105 *104 22 22 *104% 105 *31% 32 *31"% 32 *40% 41% *40% 41 % 31% 40 3/4 125 17'A 17% 173/8 52% 52 % 523/a 52 52 52 126% *126 127 *126 126 125 44% 44% 53% 42% 43 'A 1,900 54% 54'% *54 54% 300 *53 53% 53% *53 533/b xl8% 19 183A 19 % 19'A 20% 4,300 13% 13% 42'A 55 13% 14% 14 14% 14 14'A 17,700 *73 42% 55 conv *73 % 74% 11% 11% xll% 11% 11% 11% 11% 11% 4,100 15% 15% 15% 15% 15% *15% 15% 15% 15 % 700 75% *73 75% 18% *28% 28% 45% 28'A 28% 283/a 283/a 28% 28% 700 45% 45% 45% 45% 45'A 45% 2,400 34% 34% 34% 3 6'A 37 3 000 *121% 124 103 104 ^ — Co 28% 28% *45% 45% 45% 34 % 34% 34% 5 com *14% 15% 28% 28% *12 Feb 16 $4.50 2nd pfd series A No par 115 115 116 116% $4.25 preferred—— No par 103 103 *102 103% 14 Jan 9 3 34 Houdaille-Hershey 12% 12% 12 % 50 33% 33% 33% common—No par *37% 37% 37% *97% 98'% 98 98% *43 48% 47% 48'/a 42% 40% 42% No par com 30 Feb 35% Nov 31 % Jan Jan 10 28% Jan 41% Nov 35 Jan 31 38% Feb 10 Household 863/4 Jan 99% Dec 95 % Jan 7 98% Feb 15 3%% 42% Jun 48 3/4 May 46% Jan !3 48%'Jan 23 Houston preferred Light & Power— 29% Feb 44% Oct 38% Jan 12 443A Feb 3 Houston Oil of preferred.... conv Texas 12% 100 18% 1,300 18%' 18% 34% 36 118% 120 103 % 103'% 103'% 12% 12% 33% *32% 12% 12% 12% 12% 33% *33% 33% *32% 37% 37% 37% 36% 98% 98% *98% No par 25 c 42% 47% 48 x4734 41 41% 1 *16% 17 16 5 41% 41% 41 common..100 *8% 8% 8 16% 16 3/8 41 41 270 1,510 3,000 33 300 37 37% 37% 900 99 % 98% 98% 150 47% 47% 48 % 3,100 42 41 16% 41% 3,400 12% 42 42 4,500 1 t v 28'A 300 16% *15% 12% Jun 16 Oct 15% Jan 5. 17 Jan 20 Jun 46% Jan 40 3/4 Jan 5 44% Jan 9 Howe 4% Jun 113/8 Dec Jan 13 10 Jan 3 Hudson 8% Jun 17% Dec 12% Jan 26 15% Jan 5 5% 100 *13% 14% *13% 14 *14 14% 13% 14% 33% Jun 47% Jan 39 Feb 16 42% Feb 2 Hudson Bay Min & Sm Ltd..No par 39% 39% 39% 40% *39% 40 39 39% 39 39% 1,500 9 Feb 14% Oct 13% Jan 3 15% Jan 12 Hudson Motor 14 14'% 13% 14 13% 13% 13% 14% 13% 14% 11.800 8% Nov 8% Jan 12 10 % 10% 10% 10% 10% 11% 1% May 10% Jan 2% Jan 13/4 Jan Dec 17% Jan Sound 3 11 17 Hussman Hunt Foods Inc 10% 2% -2% 17% 18% 6.662,3 NEW Range Since Jan. 1 Highest $ per YORK STOCK Saturdav Feb. 11 Par $ per share share $ per share Monday Feb.18 $ per share 8% 8 % 10% 2 % LOW EXCHANGE Lowest Highest $ per share % *15% 16% 40 3 4 40 3A 8% 9'A 8% 2% AND 2'A 2% 18% 18 'A *18% SALE HIGH Tuesday Feb. 5,500 600 14 10% 4,600 2% 2% 5,600 18% 18 :A 1,400 103g 2%; 18% Feb. 15 $ per Feb. 16 Sales the Week 17 $ per share $ per share share for Friday Feb. Thursday Wednesday , *133, 1,400 9 8% PRICES 14 $ per share 41 41 - 2% 13% 18 STOCKS Year 1949 I per share 10% .i_l No par —: — Refrigerator Co Range for Previous Lowest 12.50 Car Hupp Corp 18 3/4 Feb , ... preferred non-cum 2% Jan 13 Corp Co__ Manhattan & 103A Jan 3 18 3/4 Jun Stores 100 18% 14% *27% *12 \ 12 % 313/4 8 Howard Finance 28% *14% 15% 27% 117 '102 14 *14% *12 12% 117 19 , 74 18 3/8 1 Co Electrochemical $2.25 10 75 75% 12 15% Jan 12% Feb 500 12 120 Dec *53 4 2'A *74 10 104 13% 40 42% *54% 43% *54% 12 Jun 500 3.300 127 19% 18% 13% 173/a 53% 53% 18% 13% 42% 55 '126 126 13 9% 17'A 52% 17'A 17'% 13 109 Dec 300 250 52% Jan Dec 101 % 31'/a 41% 17 32 % Jan 116 Sep 31% 413, 17% 52% 10 104% *103% 41% 41% 53 *17 400 38 31% 31% 40% 200 273/4 95 38 105 *31% 101 % Jan Dec Jun 94% 22% 22% *27% preferred— 30 Mining————12.50 Homestake 5% 9 % 100 Holly Sugar Corp Hooker 30 70% 9% 18% 9 5 700 7 *18% 19% Jan 17 70% - 18% 4 11 70% 70% *70 *18% 18% Jan Feb *6% 26 10 Jan 37 6 3/4 9 "2 18% Co & Sons (A) 47% Jan 26% 63A 70% *70 53% (Charles E) Furnace x28% Jan *25% 7 12% 22 % ; 26 6 3/, 15% Jun 8 700 *25% 7 28 % 16% 16 26% 149 26 12% Hollander Feb *146 2,400 27% 5 45 149 ■ 8 *14'% 14'/a Jan 27% Jan *146 149 146 30 50 22 3 13% 14 Sep 106 22 15% 4 15 12% Feb Nov *105 22 27% 15% Feb 28% Feb Oct 28% 105 22 27% 5 14 153/4 50% 105 22% *14%' 13 % Jan 25% Jan Jun Jan 105 22 % *12% Sep Dec 8% 24% Mar 104% 1,000 5 15% 29% 34% 81 .5 Jan Jun x24 *80 5 Paper 12% Co 82 149 5 Corp 20 Holland *79'A 7 50 preferred series A Dauch 82 25% *54 Via Inc.— Heyden Chemical Corp.. 3%% *146 No par .50 preferred series B 52 % 21% Jun *79% 700 13 22% ...—1 4% % Nov Aug BIRTHDAY 70 1-70 100 — Chocolate com 14% 13 25 preferred series A 51% 13 x22 7 % *7 No par 4%% xl3% 12% 13 ' 26% 26% No par common preferred Hershey 3,300 15'A 13 10 Motors Powder 5% 1,700 243/a 15% 100 : preferred non-cum 45 24% 15% 25 common Hercules LINCOLN'S *43% 243/e 104% 104% , 149 *146 5 common Hercules CLOSED 45% 24% *15 100 . preferred (G 77c 7 Ja.i 52 Nov Helme 5 40 % Feb 49 % Jan Dec 3.65% 6 13 (H EXCHANGE 23 2 Co common preferred Heinz 31 % Jan 105 Oct 32% 41 . 106 STOCK % .15 Glass Hazel-Atlas 19% 93% 80 common.—.1 100 1 Inc Industries Mfg Corp Hayes 20% 25 80 Marx———10 & Corp of America 4 % % preferred 10 Jun 13'% 22% -100 preferred 6% 6 Jun 13'% *104% Co S4.25 pfd—No par Refrac com__No par (M A) Hat 142 15% 82 107% Jan Apr 24% *14% *79 8 183% 45 24% 15% ——100 12 104% 45 24% 15 Hamilton Watch Co com—No par 14% Jan 80% Feb 77 46% 24 13 % 5 12% Feb Jan 5 *13 16 Dec 81 45% 24% 15% 45 Cementing.—5 Co *44 45 24% *15 % 25 —— Well Printing F) Jan 133% 72% July (W Shares I 31 % Jun 22% Feb 73 Jun 95 Jun 20 Jun 253/4 51% 7% 21% 36 3A Dec 35% Feb 37% Jan 8 RR Co 36% common.lOo 34% Jan 25 39 Jan 20 92 Feb 15 98 Jan 3 96 Jan 94 % Jan 17 97 Jan 20 Leased 34 % Dec 34 Jan 25 37% Jan 20 RR Jan 37% Nov 36% Jan 13 39% Feb 9 Jun 55% Nov 55 Jan 13 563/4 Jan 4 Sep 10% Jan 8% Feb 1 9% Jan 4 28% Jan 3 31% Feb 10 4 Jan 19 Industria 513/4 Jan 5 Industrial 71 2 Ingersoll-Rand common....—No par Dec 8% Jan 33% Mar 53% Dec 45 Feb 7 55 72% Oct 67 Feb 15 Jun 155 Jan 30 May Jun 165 7 Apr 413A 163 Jan 38 Jan Feb Jan 40 % Jan 26 4.70% 6% Jan 13% Jan 3 15 Jan Dec 10 % Jan 27 11 Jan 5 12% Dec 16% Jan 16 19 Feb 17 86% RR S Mex, 37 37 1,500 36 37 11,300 *91 94 94 *99% 25 35'% 101 *99% 101 36 *35 % 36 100 101 *99% *35% 101 *99% 36'% *35% 36% 210 2,900 33 % 38% 38 % 38% 38% 38 % 38% 38-% 38 % 55% *55% 55% *55% 55% *55% 55% *55% 55% 8% 8% LINCOLN'S *3% 8% 8% 8% 8% 8% 8% 31% 31% BIRTHDAY 31% 31% 31% 31% 31 % 8% 8% 7% 31% 7% 47'% 47% 68 68 - A— Co 68 171 % *166 *38% 39 14 14 —20 Copper Ctfs 47% 68 No par —_■ 8% *8 47% —.100 preferred Insuranshares STOCK EXCHANGE 36% *92 *55'% —1 Rayon— Inspiration Cons 35% 92 —5 Co Electrica De Steel 101 *35% 36% 92 36 37 35% 50 Terminal Inland 12 18 % 103A r 1000 A 37 36% 94% 36% 94 *99% ; _100 series preferred Illinois 9 Jan ctfs 36 % 37 34% *92% 35% *92% A—100 ser 4%_ lines stock pfd conv non-cum Illinois Power Co common—__No par 19 170 6 Jan 9 6% 36% 35% Indianapolis Power & Light—No par Jan ' 29% 8 Central Illinois Dec Dec 36 3A Jan 11% —__Y——20 Power Co 100 Jun 4 Idaho 5 1 Inc *10% 10% 5 *13% 18% *94 95 CLOSED 8 39 8 46% 47 68 68 % 67 67 *166 171 % *166 46% 47'% 38 % 38 '/a 13% 13% *10% 10% 38 '.4 13% 39 171% *166 14 *10% - 9 U100 31% 7% : x47 *67 3,600 7% 1,000 47 % "31 2,900 900 68 171% *166 171% 38 38'% 38 38 % 4.200 13% 14'% 2,900 10% 13% 14% 10% *10% 10% 18% 18% 18% 95 * 10% 95 "" Interchemical Apr 18% Jan 95% Dec 92% Jan 31 953A Jan 10 1 Jun 2% Jan 25 2 % Jan 11 93/8 Jun 13% Jan 1% Jan 123A Jan 13 143A Feb 9 Interlake 3 Int'l Business 6 Int'l Harvester xl45% Jan 22 3A Jun 29% Dec 26% Jan 13 164% Jan 180% Dec 177% Feb 14 234 212 Dec Jan 235 4 Feb 29'A Jan Jan 16 12 10% Feb 10 28 36 Feb 4 86'/a Jan 4% % 23 181 Corp 7%. common.. preferred— _100 1% 1% —No par 14'/a 14% Iron-——- Machines 232 No par commoh No par preferred 232 28 % 28 *177% 100 ,. *94 18 *94% 95 18% 95 19 4,200 20 *94% 95% 1% 1% 500 13% 14% 10,200 ' Rubber—No par Intercontinental 18 '/a 18 178 % 1% 14 % 13% '230'% 14 x230% 232 t 228 *1% 14 1 1% 28 28 28'% 177% 177% 177% 1% 28 1% 13% 14 228 % 227 232 177% 227 28 28 28'% 28 178 177% 177% 1,300 % 16.700 177% 360 ' 5% 73% Feb 10 Dec Jun 24 343/4 Oct Jan 9% Jan 32 Jan 84 Jan 6 4 86 % Oct 33A Feb 6% Dec Jan 4 25% Jun 31% Jan x27% Feb 16 . Feb 131% Feb 16 - 33% Jan Feb 133 Dec 143 Int'l Int' 4% International Int'l 134% Jan 16 25 37% Feb 10 International 1 106% Jan 10 Dec 37% Dec 103% Nov 7% Feb 5% Feb 14 6% Jan 12 Feb 49% Jan 3 5 8 3/4 Feb 1 4% Nov Nov 71 50 Jun Feb 55% Feb 57% Jan Jan 46% Oct 40% Feb 7 463a Jan 28 38% Jun 573/4 Jan 49% Jan 3 54% Feb 4 30% Aug 34 Jan 33 Jan 13 35% Feb 17 7% Jun 11% Apr 9% Jan 3 13% Jan 14 61 14 , 20 Dec 17% Feb 17 20% Jan Feb 23 Aug 20% Jan 4 23 'A Feb 34 Nov 293,4 Jan 30 34% Feb 32 Jan 27% Jan 5 29 '/a Feb 17 Aug 148 Feb July , 24 136% 139 Feb 141 9 Jan 7% Jan 11 16% Feb $6 17 2 3A Jun 7% Dec U3A Jun 18% Jan 14% Jan 5 81 Jan 94 Dec 92 34 Jan 25 44 Jan 59% Oct 56 % Jan 3 64% Feb 95% Jan 105% Dec Jan 3 106% Feb 14 50 Yb Dec 49% Jan 132' Jan 7 6 % Feb 14 V 94 Feb Jacobs (F L) Jaeger > 1 Salt Jewel Co 30% 101 Jun Jun 293/4 Jun 130 45% Feb 54% Feb 109 Dec 155 May 170 Dec 21 Jun 33% Jan v Feb 9 48 Dec 102 9 121 Dec Jan 3%%. 3 Feb 2 109 Jan 20 Jan 16 180 ;Jan 16 3 27% Jan 13- . 56 31 Feb 1 JohnSon Inc 5% 5% 54% 53% Johnson com 81% Jan 13 86. Feb 6 30'A Jan 13 34V8Jan 30 8% Jun 12% Jan 9% Feb 17 11% Jan 10 Kalamazoo Stove & 94% Jan 102 Aug 98% Jan 25 99% Jan 26 100 y8 Feb 105% Nov 104% Jan 31 5% 36% 35% 36% 105% *104% 106% 100 5% 5% 2.700 54% 55% 450 5'% 55 5% *54'% 55 55'% 55'% *55% 55% 55 % 42% 4<i% 43 *42% 43 43 43 52% 52 52 *51 53 *51 52 35 *34% 36 36 *34% 36 35% 35% 200 12'% 13 12% 12% 126,800 4,100 12% 11% *34% 12 12% 18% 18% 22 31% 28% 28% 140 28% 28% *138 6% *93 6% " *16 pfd—100 4 16% • 62% *106% No par 45% 93% 63 107 45% 121 %■ 122' 55 * ,*109 .. :*170 55 110 *138 '• 18 % 18'% 17% 23'% 22% 33 29 28% 28% 6% 6% 140 6% 33 93% 93 93 63 63% 63 63% 63% 63 3A 106% 106% 106% 45% 121% 55% *16 , *106% 106 TA . 107 45% : . 55% *170 17 ... ■ __ 29% 84 29% 100 84 % 83 3 4 84'/2 _„1 32% 33 32% 46% 1213', 46 122% 110 *109 • 122% 55 110 7*170 55. 55% 110 : *109 • ■ 122% *170 -- 3,000 - 93 64 64% *106% 46% , 10 6 % 1-6.% 93 46% 122 %• 55 *109 , * 45% •'16 % - 1,600 139 63i 17 93 17 1,500 29 % *137 6 % 6% *16 93% 1.800 33 29 139 139 93% *16 100 22 % 32% 300 1,000 18% 22% 32% *138 29% 122-% 55 %, 109 r 300 190 1.500 107% 70 46-% 15.700 124 3,500 55% 1,700 109. 20 *170 -J- 29% . 2934 30% :29% 30% 84 84 84% 84% 84% 340 32% 30% 30% 83'A 32% ,• 18% 23 *28% 140 6% 12 % 57 18% 32% 50c 57 32% 22% 33% 57% 22% 18% 22% 33% preferred series A—1 36'% *104% 105 42% *18 % Joy Manufacturing Co 36% % *51% 57 % *22% * common.._12% Jan 131 52% 4f*r 11% _____100 40% Mar 132 % *34%' 100 86 5 fr 5% 54'.'2 42% common.—No par Jun , 180 25,100 35% 105 5% *55% 1 Dec , 131% 55% No par Co_ 30% 73 131% 132% *52 Joliet & . 131% No par preferred & 133% *5% 25 4%, 2nd preferred series A——100 Chicago RR stamped 10o Jones & Laughlin Steel com_.No par - 3,800 17,500 132 55% ——25 CO Manville-Corp 3%% preferred 6 108% Feb 180 6% 27'% 36% 1 Johns , 6% 27% 105'% 4 104 6% 27% No pat- Machine Tea 6% x27 % 35% 1 89% 6% 28% *104% common *86 6% 37% No par Stores— 3.400 27% 105% common— 12,400 89% *86 10% 35% 6% 36% 1 89% 10 35 .28% 6% *104% ___.No par Silver Jersey Cent Pwr & Lt 4% 17 ' *86 90 10 35% 28 7.50 100 Creek Coal preferred 133 *89 No par Paper Co com Interstate Dept Intertype Corp 3 90 *132% preferred—— Island 9% 34% 6% International Telep & Teleg—No par International Utilities Corp.— 5 9 Jun International 16 Jan 14 10 35 28% International Shoe 9 18% 24 10 34% 6% of Cent Amer com—No par International 7% 10'% 34% 28% preferred.*, 5% 10 34 % *86 100 1 Corp Canada preferred— Int'l Rys 9 41 Nickel of $4 10% 34% com..No par Preferred Jan 43 com..—5 —100 14 20 33% 104 Chemical & preferred Mining 7% Jan 293A Jan 94 10% 34% Hydro-Electric Sys class A..25 Minerals 33% 32% 32% 32% 33% 6,100 10% 1,600 . 9,800 K Kansas 9 106% Jan Feb 49% Dec 46% Jan 12 49% Jan Jan 62% Dec 59% Jan 26 64 14% July 17% Nov 16'/a J an 3 10% Jun 14% 17% Jun 23% Dec xl3% Jun 19% Dec x34% 52 For footnotes Jan see page Feb 18% Feb 3.80% 4% * preferred cum Kansas 5 16 4% Furniture 10 *10% 100 100 *99 *104% preferred— City Southern non-cum com..No par preferred 100 Kansas Power & Light Co com—8.75 26 13% Jan Kayser 20% Jan 13 21% Jan Kelsey Hayes Wheel conv class A—1 16% Jan 30 18% Jan 12% Jan 18 Class 10% 10% 10% ; 10% 10% '10% 10% 9% City Power & Lt Co— (Julius) B— & Co 5 1 _ 101 107 *99 *104 % *99 101 *104% 107 101 107 *99 *104% • 101 *99 107 *105 48% 64% 700 18'% 18 18% 7,300 12% 12% 12% 12% 1,200 21% 21% 21% *21% 21% 100 17% 17% 17% 17% 17% 1,200 47% 47% 47% 48% 46% 47% 64% 63 63% 63% 63'/ 63% 64 18% 18% 18 18% 17% 18 17% 12% *21% 12'% 12% 12% 12% 12% 21% *21% 21% *21% 17% 17% 17 17 • 17 107 46% 47% A 101 *63% 47% *61% 1 ■ 5,000 Volume 171 Number 4883 THE COMMERCIAL Range for Previous NEW Range Since Jan. 1 Highest Lowest $ per share $ per share $ per YORK 40 Jun 56% Jan 50% Jan 3 39 Jun 48% Nov 45% Jan 12 ll'/a Feb 16% NOV 15% Jan 17% Jun 25 % Dec 24 Jan 13 90 Jun 107% Dec 106 .Jan 55 Saturday Par 10 % , i Jan Kennecott 30 8 Kern Feb 17 Keystone Steel »' 28% Feb 17 Feb 17 19 112 4% Jun 16% Dec 15% Jan .."72% Dec 69% Jan 14 71% Feb Jun 31% Jan 28% Jan 13 31 :90% Aug 98 Jan 93 y2 Jan 9 95% Jan 30 x35% Feb 43 Dec 40% Jan 27 42% Jan 6 48% Kresge Feb 62% Dec 57% Feb 17 62 Jan 5 Kress Jan 4% 60% Jan 3'/« 61 Va Feb 16 59'/a Jan Kinney (G R) 4r/o 14 Oct 6% Feb 15 7% Jan 3 3% Feb 11 4% Jan 12 Dec 21% Jan 4 22% Feb 6 Lambert Dec 10% Feb 16 121/4 Jan 9 Lane 11% , 43 Jan 47 Oct 46 Jan 25 19% 47% Jan 26% Jan 22'/a Jan 19 26 % Feb Laclede La 25 Jun 16 37 Jan 16% Jun 22% 90% Jan 98 6% Jun 11% 45 % Dec 40% Jan Jan 20 Jan 3 ( 94 Jan 241 Jan Jun 49% 3% Jun 5% 3 24 % Jun x41% Jun 8% Feb 20 % 10 3 1 % Jan 4 5% Jan 10 4 6% Jan Dec 54 Jan 13 57% Jari 10 Va Jan 23 11% Jan 10 22% Jan 3 24 % Jan Jan 6^ Dec 61% Jan 27 65 % Jan 11 6% Jun 8% Mar 7% Jan 3 8% Jan 6 34'/a Jun 37%' Juiy 35% Feb 8 37% Jan 18 72% Apr 91% 83 27 89% Jan -3 Oct Jan 170 Feb 186 Sep 182 Jan 33 Jun 49 Dec 45 x6% Jun 10% Jan Jun x67 52 v» Feb 6h"/4 Jan 11 19 Jun 13% Jun 17% Dec 65 % 1/ y4 Jan Jun 78 Jan 7.9 16 % Feb 14 Va 33% 25% Jan X60 Oct Dec 18% Aug Jun 28 % Feb 76 17 3 Jan 13 23% Jan 13 16% Jan . Dec 3 31% Jan Jan 27% Feb 94 94 y2 95 90 40% 41 40% 41 5,100 58 57% 57% *60 y4 60% £8% 58 61 61% 60 % 61 % 60% 60% 60% 1,200 2,100 Oil 22 21% 21% *10% 1114 11 11 10% 11 10% 10% 11 11 46% 47 *46 47 25 25% 25% 26 26 VB 26 "a 26 Va 26% 1,800 43% 44% 43% 43% 43% 44'% 43% 43% 2,500 22% 22 Va 22 22% *22 22% *22 22 Va 97 96 96 *96 98 *96 98 50 .. 5 Dec 170 % Feb 7 Co 10% 10% 10% 10% 700 23 Va 23 % 2,200 63% 64 6.000 _ 7 7% 7% 7% 7% 5 *35% 36 Va 36 % 36% 25 __ 86% 36% 86 87% ... ... com 100 *184 No par *49 _____ 5 185 184 *48 64 7% 7% 36'% *35% 36 Va 300 87 85 % 86'% 85% 86 % 10 600 184% 184% 184 % 184% *48 9% *184'/a 52 9% 64 64 64 63 7 29% ■ 29 % 9 7% *35% 85% • 50 9 % 7% 36% 7% 184 51 ' P% 7% 36 28% 29% *48 185 9% 9% 63% 28% 50 52 9% a . 63 Va 63 '/a % 28% 29 4,600 130 50 100 9'% 9% 31,400 Va 63 Va 600 28% 29 Va 63 28% 11,100 *18'/a 19 18% 18% 18% 19 % 18% 19 18% 18% .100 *73 Va 77 77 77% 78% 79 79 79 78% 78% 1 26% 26% 25% 27 26% 27% 26% 27% 26% 27% 22,800 17 17% 16% 17% 16% 17% 17 17 % 17'% 17 Va. 23,100 ... 78 % 78% 24% 24 % 24 % 24% 26% 27 26% 27 172 170% 10 *170% 34i/4 Feb 15 24 Louisville 27% Jan 28 Lowenstein 33 78% 33 78% 78% 78% C 27 171% *171 *23% 78% 78 78 24 23% 24 27'/a 27 Va 27% : 700 172 172 1,800 900 4,100 173 310 33% 34 % 33% 34'% 34% 34'% *38 Va 38% 38% 38% 38% 38% 38'% 38% 38'/a 39 Va 4,900 25 % 25% 25 25% 25 25 24% 25% 23% 24 % 3,300 100 *98% 99 99 98 98 Va 97% 98 210 *19 19% 19'% 18% 19'/a 18 Va 19 1,200 50 Sons Inc series A Co . 10 Saturday Feb. 11 $ per share Par ■ *98 Va 99 *98% 18% 19 18% LOW STOCK EXCHANGE 33% 24 27% 171% 170% 33% 78% 23% 26% < 1,700 . com._l Nashville.. STOCKS S per share 600 4,500 63% 40% Jan $ per share 6% 55% 23'% 3 YORK 6 Va 54% 63 % 11 NEW V 6 % 55'% 23% 17 Highest 1,500 6% 54% 63 % 30% Jan Range Since Jan. 1 10% 3,100 23'4 23% Feb Lowest *10% 7 63% 34% Jan Range for Previous 10% 10% 6,900 2'/4 19% 23 % Sep Steel 6 Va 55% 56 19% 63% Jan Lukens 6a 55% 54% 10% 5% 2 19% 23% 25% 18 6 % * 1,200 5 5 % 2% 19 % 45% 62% _ preferred 5 2 2% 19 ',4 10 6,900 23% 41% 4%% 5% 2 45% 45'% 400 8% 23% Dec 5 45 40 63% Corp No par (Md) A—No par & 44% 8 8% 700 63% common (Mi *6 56% 10% 47 7% 19 131,4 *55% _ & 6 8 5 2 19% *46 300 1,000 23% 32 Highest 47 3% No par preferred 1% 5% 2 19% 6 preferred 100 Louisville Gas & Elec Co (Ky) No par Year 1949 *46 3% No par Corp Cement 4% 2 *19% .5 _ *95% 5 % 2 , No par 172% S per share . 3% ' No par (P) 15,700 3% 22 Loew's Inc Star 6% *3% 22% Co. Lorillard 6% 6% 3% *21% .No par Aircraft 6% *3% 22 . convertible Lockheed 19 6% 6% *3% 21% No par _ Long Bell Lumber Lowest 6% 3% 21% ... Lone 20% Jan 6% '61 3% Products. 6 '3 0% *94 21% Liquid Caroonic Corp com___No par 3'/..% 100 40% 1st Co 29% 230 94 Stores Beit 112 40% 44% non-cum 112 94 6% 95 45% 9 18 % Jan 5,100 45 17 21% Mar 29% 45% 24% Feb Jun 29% 45% 27% Feb 15 29% 7% 13 991/2 Jan 29% 8% Lion 6 17 29% 8 Linx 17 97% Feb 280 29% 8Vs 27 Oct 70% 22% '6 100 16% *70 97 Jan Jan *15% 70 8 Vb 22% Jan 95 16% 70 *95 % 25% Jan 31% May 20% Jun *15% 70 ya *22 Va Oct Jan 110% 16% *70 *94 44% Dec 23% 110 V3 110% *15% 58 44%4 25% Jan 110% 16 70% 58 % 5 27% 174 6,300 41% __ Tire Jan Jan 28'/a No par _ 7 Jan 27% 58 % 25% Jun 80 BIRTHDAY 48 15% 75 95 *24% 19'/a 153 27% cumulative preferred—.100 31 18 % Jan 27% 40% Lily Tulip Cup Corp.... Lima-Hamilton Corp '9 2iVa Jan 79 8,700 27 V2 12,400 75 Pesos Mex Liggett & Myers Tobacco 7% preferred 15 26 19 59 4 pfd Corp.. Libbey Owens Ford Glass Libby McNeill & Libby Life Savers Corp 2 9% Feb 62% Jan Dec 185% Jan 17 25 1,900 18'% 41 % *47 Lerner 25 11 Jan 47 18% -No par _ 8% Jan 46% 18 y4 29% LINCOLN'S .1 Lehn & Fink 9 44% 46% 18 '/a 41 y4 _ & 53% *58%! (The). Co 53 % 27% 110% 53% 46 17% , 53% 46 y 16 CLOSED 29% *94% Shares 53 % 45% 10 ... Sep 110 Va Sales for the Week $ per share 70% 16 70% 29% preferred_.No par 5Gc non-cum 2nd pfd No par Lehman Corp (The). 1 11 Dec 11% EXCHANGE *15%. *70 (James) & Sons Co common__3 $3 30 26% 52 y2 1 STOCK 108 $ per share -No par preferred 3.85% 30 Jan Feb / 27 26% 107 __ 2V4 Jan 21 26% 26 % ■* Friday Feb. 17 Feb. 1(> share 53% a Lehigh Coal & Navigation Co 10 Lehigh Portland Cement— 25 Lehigh Valley RR No par Lehigh Valley Coal com 1 11 5% Jan 3 Jan 18 --—100 6 'Jo Co Rubber Lees 7 17 17% —__10 Co Bryant common Lee 31 50% Jan Jan 56% Jan 8% Jan 17% Light Co Consolid 4 V2V0 •9 96 27 4% Jan Jan 8% 23% Jan Gas 17% Thursday Feb. 15 $ per 46 Co & Wednesday 541 -No par (The) Lane-Wells 11 44% Jan Jan Jun Jun % 44% Feb 3 Jan 1% , 7% Jan Dec 4 25 May 33% 15 H] Kroger Co Jan 22% Jun S S) ( (S 53% 46 common.., preferred SALE PRICES share 46 .100 $5 prior preferred Koppers Co Inc common 8 Jan 9% , $ per 54 'a preferred Co share 46 Co... -No par com... -No par 6 2 ' $ per 54 % Wire 8 Feb 6 Jun 17% Dec- 16% Feb 18 2nd conv Mar & HIGH Feb. 11 ...—_—5 Kimberly-Clarke Corp 3 $ per share (761) Tuesday Feb. 13 .No par _. County Land Co 25% 43 Copper AND Monday Feb. 11 share 47'/a Feb 4 62 CHRONICLE LOW STOCK EXCHANGE " ' FINANCIAL STOCKS Year1949 Lowest Highest $ per share & $ per share AND HIGH SALE PRICES Monday Tuesday Wednesday Feb. 13 Feb. 14 Feb. 15 ■$ per share $ per share 2,000 $ per Friday Sales for Feb. 17 the Week Thursday Feb. 10 Shares $ per share $ per share share M • 9% Jun 31 y2 Apr 131 14% Oct Jan 139 12% Jan 13 13% Jan 24 Dec 42 38% Jan 3 41% Feb 2 23 138 % Jan 18 16 Jan 17 Mack Trucks 9 Macy (R Oct 9% Jun 27% Jun 33% Jan 104 «/4 Dec 136 Jan 951/2 15% 8% July Jan 13 Jan 11% Feb 31% Feb X103 1 Jan 5 14 32% Jan 105 430 Jan 9% Jan 25 10% Jan 20 Jan 15% Jan 13 17% Jan Jan Jun 6% 7 525 Feb 15 y4 Dec 9% Mar Dec 18% Dec 20 Feb 11 550 Jan 9 Mahoning 9 Jan 7 Manati Sugar 9% Jan 11 Mandel 14 Jan 18 Feb 10% Apr 7 Feb 14 Jun 25 Dec 25 Jan 3 19 8% 16 y4 Mar 19'/a 95 Dec 8% Jan . Jan 8% Jan 28 3 Feb 9% Feb Oil Corp 18% Jan 4 Jan 25 27% Feb 10 102% Jan 3 104% Feb 14 y2 Jan 104 Dec 7y8 Jun 12 Apr 9% St Ry 4%% : 17 Martin 13% Jan 11 ; pfd 3 Jun 19 y2 Jan 14% Feb 8 16% Jan 9 Master 48 Dec 47% Jan 13 54 Feb 1 Mathieson Feb 3 178 Jan 18 L) 50 Feb 9 18 100 Jan 12 $3.75 97% Jan 4 100 Jan 30 10 89% Jan 21 $3.40 98 Dec Feb 88 Dec 87 7 % Jun 12% Dec 30 May 45 Dec 110 Jan 113 Sep 19% Mar 25 90 Jan Jan 36% 30 y2 Mar Dec 100 Dec 11% Jan 3 42 % Jan 13 111 Jan 3 21% Feb 16 33% Jan 26 101 Jan 5 43% Jan 27 . 29% Jun 24 Feb 34 Apr 30% Jan y2 Jan 60% Nov 53% Jan 30 y4 Jan 41% Dec 38% Jan 13 92% May 19% Feb 102% Dec 99% Jan. 25 41 45% 25 Dec 14% Feb 9 $6 24% Jan 11 McCall Feb 17 McCrory 103% Jan 18 36 33 Feb 17 McGraw-Hill 58 Jan 3 42% Feb 10 23% Jan 23 13% Jan 3 14% Jan 3 17% Jan 14 93% Nov 82 Jan 5 91 Jan 24 28% Jun 34% Oct 32% Jan 6 36% Jan 20 y2 12 Jan 27 Dec 25 Feb 10 27% Jan 9 7% Jun 13% Jan 11 Jan 3 12% Jail 12 34% Jun 49 Jan 12% Jun 15% July 8% Jan 27 Apr 90 Jan 43% Dec 99 105 y2 May 18 July Dec 130% Dec 23% Jan 30% Jun 97% Jan 104% Oct 105% 40 Dec 42 Jan 12 Jan 11 3 Merch 43% Feb 3 Merck & Jan 18 3 x20% Jan 25 25% Feb 1 37% Feb Dec 103 108% Feb Feb 17 Jan 9 16 105% Jan 20 3 109% Jan Feb Jun 14% Jan 13 Jan 3 Jun 48 Oct 39 Feb 14 Jun 18% Jun "•18% • '34 Dec Dec 139% Mar 12% Jan 17% Jan 3 28 % Jan 13 131 Jan 5 11% Jan 3 7% Jun 12 Jan 10% Jan 43% Feb 63% Nov 61 Jan 99 Jan 13 40 14% Jan 11 43 Jan 19% Feb 31% Feb 139 9 16 6 Feb 17 11% Jan 12 73% Feb 10 Mar 66 % 101 Nov it 103 % Feb 101 Dec 96% Feb 15 101 10 108 Dec 106% Feb 2 10% Jun 14% Jan 12% Feb 67% Jun 80 Feb 76 16% Jun For 22 % footnotes Nov see page 19 18 Feb Jan 16 1 4 Jan 108% Jan 15% Jan 9 4.35% 22 % Jan 10 14% 57 % 15 57% 15 14% 14% 1,200 50% 51% 51% 51% 2,900 177 176 % 176 Va *176% 177 *175 49 % 48% 48% 48% 99 98 % 98% *98% 98% 99 *98 % 89 *88% 99 89 *88 5 14% 46% 34% 13% 13% 13% 22 3.207c South *46 *112 21% 21% 34% 103 *102 *31 Va 32 32 32 32 Va 32 % 55'/a 56 55 % 55% 55V4 55% 55 % 41% 411/4 41% 41% 42 41 101 101 *101 102 *101 24 24 24 24 24 24 900 14 14 14% 141/4 16% 14% 14% 800 171/4 3,000 % 102 24% *14 *101 24% 14% *16% 17 24 Va *14 102 24% 14'/4 • 551/4 55Va 55 Va 1,200 41% 41% 41% 2,000 16% *89 91 *89 90 *89 35 *34% 35 *34% 35 35 36% 300 25% 25% 251/4 25% 3,300 11% 11% 11% 11% 2,200 16% 16% 16% 25% 25% 25% 11% 11% 11 Va 11% 11% 11% ■'!. *42 43% 14% *7% 7% 8 ' 42% 42 ...No par *95 97 *95 No par No par *127 129 *126 24% 24% ..5 38 38 SS Regul 37% 381/4 38 38% 38 Va 38 Va 37% 373/4 1,400 .10 40 % 40 V* 39 39% 39 39% 3 104V2 • 19% *1081/2 19Va *72 31 30 138 *103 137 13 11 '/4 73 19% 30% 138 1031/2 *108% 19% 30% 1361/2 104 1091/4 *108% 13% 13% 133/4 1,800 39 393/8 39 39% 5,500 19% 20,500 Minneapolis-Moline Co common.—1 :12% 13% 100 '791/4 25 19% 104 iio 210 - 40 19% 19% *30% 30 34 136% 136 V2 *136% 13% 123/4 131/4 11 103/4 11% 1,000 71 3,900 ll'/a *106 V2 104 30 'A 137 10% x69 130 13% 10% xl03 127 108% 10% 71% 127 103 13 Va 103V4 128% 104'/a 12% 69% *127 110 12% 106 Va preferred IO41/2 110 12% 106'% conv 100 2,700 13% 100 3,900 24% 13% *10% "* 98 24% 13% % •43 24% 13% 12 200 24 % 13% No par 42% *96% 1,800 7%. 24% 105 19% 97 10 14% 24% 110 30% 42% 43% 24% 13% *137 97 7% 24 V2 *104% 5 42% 14% 200 126 % No par preferred 42% 97 *42 90 125% *108'% common preferred 42 *95 5 No-par pfd series A Mfg 97 16% 128V2 100 100 Marie 42% *42 pfd.100 No par 100 101% 891/2 25 42'/a 500 16 V2 25 *42 33 ' 1,300 891/2 *34% 25 . 32% *14% common.. 320 31% 48 7% Petroleum 2,000 48 14% ___. 2,200 36 31% 48 43% Co 21% 103V4 48 7% Scott 200 48 14% & 1.500 48 7% 50c 14 46% 113 48 103 2nd 35 103 % 40 47% *96 $1.50 103% 14% common 21% 21% 35 % 35 34% 14 46% *112 1,600 47% 98% '» 21% 21% 103 »/4 14 46% 113 48% 47% 103% 1st 13% 14 47 98% $5.50 89 % 113 35V4 100 99 89 *46 common —No par $4 98% 89 42 Prod conv & 98% *7% Utilities Inc Steel Min 98% *88% 14 % Minn-PIoneywell Minn 99 89 42 Edjjson 3.90% & *98% 14% 1st preferred St P 48% 98 % *112 103% 70 450 48 % 98% 47 34% 99 48% 113 *103 179 99 *46 21% 34% 103 179 58% *176% 48% *112 113 103 a 57 % 43'% preferred 1,500 1,400 51% 58 % Minneap & St Louis Ry Minn 12 14'/a Inc Mid-Continent 87o ll'/a 11% 1,000 51% *21% .No par preferred series Midland 10% 12% *7% Copper Middle 30 12,500 11% 11 *11% .-3% 2nd Metropolitan 104% 104 No par Machine Miami 6 Jan Co *104% 104 105 3,800 57% *101 preferred._v.50 8,500 19 25% Inc Co 9% 19 *14% 46 % .1 1st 1,800 25% Transp Co Stores Min conv Mesta 5 81 & Merritt-Chapman 10 Jun Jan 87 104 $4 10 14% Jan convertible 10.400 15 *13% 10 $3.50 preferred 9 110% ■8% 14% 57c Mercantile ■ 60 89'% 7% Jan 9 9% 200 7% 27% 52 *112 1 1 19 7% 27 % 7% 14% 41 common *18 '/2 18% 28 51 % 36 (The) 700 15% *34% Co 8% 52 *89 Mengel 8% 19 11% 99 5 Co 20 1,600 9 9 11% 58 % 93,800 7% 25% 11 •% 60 18% 530 7% 19 11 *88% preferred (1st series) 100 2nd preferred (1st series) __50 Melville Shoe Corp....... ___—.1 15 98 *103% 1,200 25'/a 11% 4% 44 129% Feb 104% 3,000 19% 11% 4% 7c 7 13 104% 300 10% ■16 7% 7% 28 104% 25% 10% 18 com McQuay Norris Mfg Co Mead Corp common 17 105 25% *11% No par McLellan-Stores 13 30 9»/a *19 11% *175 No par preferred 9 9 Jan 19 26 11% *59 1 Jan 16 37% 124% July : 10% Aug $4 Jan 96% Jan 9 % 19 25 % 7% 27% 9% 7 530 551 1,700 *51% 100 Publishing. 9% 19'% % 27% *530 50 14,500 *15 No par Co.. 18% 7% 27% 26% 551 11% No par common 18% 7 27% 9 % *530 11 No par McKesson & Robbins Inc 7% Feb 39% Jan 9 % *19 49 >/a preferred 18% 7% 27% *98% Mclntyie Porcupine Mines.. 14 Va Jan 120 *18% 19 7% 27 % No par 26% Jan 16 18% *18 5 551 17% 18% *8% *530 ' 17 Jan 7% Mar Corp 14 Dec 8% No par Stores 25 17% Mar 8% 5 pfd convertible McGraw Electric Jan 8% —No par common—. preference cum 17 101 8 % 1947 series—No par Jan 17% Jun Stores Corp 3%% 8% 100 48 12% July 70 Vb May xl3 1st 17% 8% __1 Maytag Co common.: $3 preferred 17 20 19% 7 % Corp.—No par cumulative Jan 18 Va 7% —1 preferred 46% Feb 112 19% 7% *103% Co $3.75 cum pfd Jan Jan 80 Dept 17% 7% 26% preferred 30 20 7% No par- 98% Jan 104% 8 ...No par Chemical 46% Jan 105 540 100 Co.. Corp Electric Dec *104 8 No par Martin-Parry Corp.. 63% Feb May 18% 100 11% Feb Dec 105% 540 No par com 7.11% . 1 prior Co 6 98% *104% 50 Corp..—___——5 13 49 BIRTHDAY —1 13 Jan 32 16 Jan Jun 31% 10% 11% Feb 89 32 16% 67c 38 32 10% 56 89 31% 10% Jan 7% 31% .<16 % Dec 175 31% 16% 13% Aug 31% 10% Co 100 • 12% 104% preferred Masonite 12 10% 59 179 12% 16% Feb Feb 11% 104% Jun 34% July 12% 10% 10% 170 12 LINCOLN'S 105% .300 12% *39% 40% *135% ■137 16% & (Glenn 12% 12% 40 % 137 10% 39 y2 Jan 12% *39 % *135% 16% —1 Midland Marshall Field 127/a 40 137 12% *135% 10% Exploration— 1 % —...6.25 Market 5 23% Jan 40 136% 16% RR Marine 9 Oct *12% 136% 10% Manhattan Shirt Maracaibo \ 12% 40 16% — Marathon Dec *104 *39 10 Co 11 18% 19 Coal 16 24% Apr 100 *12% 12 % 32 — Magnavox Co (The) 9 32 CLOSED 13 series A Bros 8% Feb 18 EXCHANGE *136% •138% 12% STOCK Garden—„No par Square 3 40 No par com Copper 16 *39 100 12% ——5 Inc preferred *12% common—10 —• Co 17 6% Jan H) Madison Magma 5 Inc_ Feb 17% y2 Forbes & 7% Feb 530 Aug 11 Jun 10% Jan Working Co preferred. 4%% 9 19% M Wood 6% 12 Jun 5 & MacAndrews 20 Jun 10% 6 Jan M 69 103'% 13 *10% 19% 68 % 69 102% 103 19V4 30 68 101% 30% 1,600 138 102% 110 . 4,000 540 96% 96 Va 107% *106% 107 Va 106 % 106 Va *106Va 106% 40 12 % 13% 12% 12% 12% 12% 123/4 13»/4 12,100 79% 78% 79 *79 Va 80 78% *79% 19% 197 a I97'a *19% 19% 19% 791/4 191/2 98 97 97% 96%- 19% 97 700 80 380 20% 800 13 14 (762) COMMERCIAL THE Range for Previous $ per share Range Since Jan. 1 Highest Lowest $ per share 38% Jun 54% 7% Jun 10% 31/4 Jun 46% Jan EXCHANGE Mission Oct 9% Jan 3 4% Jan 3 10% Feb 1 Mission Development Co Jan 12 27% Jan 27 5% Jan 10 6 15% Jun 3% Aug 25% Mar 25 Jun 35 Jan 32 Jan 27 35 Jan 9 Mohawk 9 Jun 12% Dec 13 12% Feb 8 Mojud Jan 26% Nov 11% Jan 24% Jan 13 45% Jan 101% Jun 57% Dec 54% Jan 13 26% Jan 10 60% Feb 3 114% Dec 110% Jan 103% 113 Dec 21% 21% Jan 5% Aug 4 3 % Feb 10 No par RR com Mo -Kan-Texas preferred series A 7% 33 12 *25% Machine Monarch 5 58% Tool Chemical Monsanto Co com 7 115% Jan 28 Dec -12% Jan 9 13% Feb 3 Montana-Dakota 47% Jun 59% Mar 54% Jan 3 59 Feb 3 10% Jan conv pfd conv Dec 13% Jan 13 15% Feb 6 Jun 23 Jan 18 Jan 11 20% Jan 18 Morrell 14 Jun 26% Dec 23% Jan 3 36% Feb 11 16% Jun 27% 151/4 41 July Dec 15 Jan 13 16% Feb 10 39 Oct 36% Jan 13 38% Feb 9 25% 57% 25% 25% *25% 25% 57% • *25% 57% 58% 120 *112y2 114 *112% *13% 13 % 13% 113% 13% 58'/4 58 % 56% 58% 58'/4 58 *114 117 *114 *112% 115 *113 115 13% 56 13% 56% *13% 400 117 113% 113% 58 117 *115 118% 800 1,500 11 56% 15 57% 2,300 100 13% 13% 900 571/8 13% 56% 57% 11,900 14% 14% 5 14% 14% 14% 14% 14% -No par 3 *19y4 20 36% 19% 19% *19% 19% *19% 19% *19% 19% 200 33% 36% 34% 35% 33% 35% 33% 34% 21,600 27% 27% 27% 27% 27 27% 2,100 Lines 35 V2 14% 15 5,600 22% 22% 22% 800 15V4 15i/4 15'A 1,300 13% 10y4 13% 13% 14 14 13% 13% 13% 14 5,700 Corp Brass Munsingwear Murphy Jan 23 15% 25% 13% 4 Jun 25% 2,400 1 12 10 12% Mfg Corp Feb 30% Mar 12% 15 10% Jan 52 12 22% Mullins 112 12 15% 9 2 12% 23 14 % Feb 3 12 15% 13 12 12% 16 800 23 12% Jan 9% Feb 32% 4% 15% Jan 49 % Jan 32% 25% 15% 14% 110% Jan 58% 32 4% 22% x9'/4 Jan LINCOLN'S BIRTHDAY 32 4% 16 Mueller Dec 26 4% 32 4% 28% 7 11 25% 4% 32 23 17% Jan 50% 25% 24% 4% 32% 4% CLOSED *15% 18 16 112% Mar 24% 25 32 % STOCK EXCHANGE 4%, 33 12 28 Va *22% 7 23% Jan Feb Feb 25% 11,200 1 30% Jan 3 15 Dec 24% 2,500 5'/4 12 25y4 1,200 10% 4% 5 5 3 21% Jan Jan Oct 10% 4% Co 26% Jan Dec 17% 9 10% 5% Motor Wheel Corp Dec 23% 38% 10% 5 28 % 22% Jun 108% 10% Shares 48% 47% 10% 28 Products Motor 11% Jun Jun 10% *116 Co Co__ & 10% 4% 5% Sales for the Week $ per share 48% No par Utilities Motorola Inc (John) 48% 5 series B Moore-McCormick 13% 16% 48% *114 Montgomery Ward & Co_ $4 share 48% No par 119% Feb 4 14% Jun $ per 49 No par pfd series A 13 112% Jan Jan 10 Feb. 16 S per share 48% 5y4 4'A No par con Mills Co Inc Carpet Hosiery $3.25 100 pfd.100 20 1.25 Missouri Pacific RR 5% Friday Feb. 17 Thursday Feb. 15 Feb.14 $ per share t per share 48% 10y4 *47% 10% 5% 25% 10 5 Corp Wednesday Tuesday ■' Feb. 13 t per share Par 6 50% Feb Jan ' $ per share 25 Monday, February 20, 1950 LOW AND HIGH SALE FRICES Monday Saturday Feb. II STOCK NEW YORK Highest S per share Jan 6 CHRONICLE STOCKS Year 1949 Lowest FINANCIAL & Inc Co (G C) preferred 4%% No par 5 1 100 10 common Murray Corp of America com 51 Jan 43 Jan 13 45% Feb 10 preferred Myers (F E) & Dec 16% Jan 13 18% Jan 12 Nash-Kelvinator 38 Nashville 4% *10 50 10 10% 49% 49% 111% *111% 500 49% 10 10 49% 111% 1,400 112 20 16% 15% 16 16 16 % 15% 16 «/8 7.400 39 *37% 38% *37% 38% 37% 37% *361% 37% 1,700 *45y4 46 *45% 46 *45% 46 45 % 45% *44 46 16% No par Bros *111% 111% *37 50 T 10% 50 112 50 50% 111% 112 *10 30 9% 50 50 *111 % 16 16 V4 100 N 10% Jun 17% 22 Jun 32% Dec 32 Jan 3 Jan 31 17% Jun 24% Dec 23 Jan 13 25% Feb 4 Jan 9% Apr 7% Jan 3 8% Jan 14 5 Automotive 9% Jun 4 National 10% Jun 13% Dec 12 Jan 13 147/aFeb 17 National Jun 41 Aug 38 Jan 26 41% Jan 11 National Battery 30 % Jan 40% Dec 37% Jan 13 39% Jan 17 National 170% Mar 185% Sep 181% Feb 9 186 Jan 9 6"% Feb 14 8 Jan 6 33% Feb 14 38% Jan 11 4% Jun 30% Jun 5% Jun 18 Dec 16% Jan 7% Mar 36% Nov 8% Aug 13 8% Jan 4 5 Jun Jan 7% Jan 3 9% Jun 12 Jan 10% Jan 3 27% Feb 39% Dec 13% Feb 9% 17% Jun 17% Aug 22% Dec 7% xll% Jun 14% Jun 19% 95% 38% Dec Jan 10 38% Jan 31 180% Jan 3 183% Jan 11 135 Jan 152% Dec 7% Dec 19% Dec x% Jun 35 X150 Jan 11 7% Jan 18 U Jan Jan Jan 153 6% 7»A 33% 33% National Lead Co .10 common 7% preferred A 6% preferred B 37% 38 % 6 National 1 7V2 5 Natl Malleable & Steel Cast No par No par No par I9V4 % 24 % 25 95V2 No par 27 % 19y4 % 24% 95Mi 27 % 16 Service 26% Jan 18 28 Feb 2 15% Feb 14 17% Jan 11 Dec 86 Jan 79% Jan 19 82% Feb 2 21 % Jan 38% Dec 36% Jan 13 38 % Jan 11 9% Jun 12% Apr 11% Jan 5 12% Jan 11 Natl 9% Jun 13% Nov 10% Jan 13 11% Jan 6 Corp National Tea Co National Lt & Power Sugar 4%% ex-dist Ref National Supply Co (The) lo Pa com Natomas Fibre 4 143/s Jan Nehi 17% Feb 10 Neisner 1 104% Feb 10 4%% Nov 37% Jan 17 Jan 9 105% Feb 16 Jan 102% Oct 100% Jan 4 8% Jan xll'/a Dec 10% Jan 3 94 Mar 102% Dec 42 Jun 67% Dec 62% Feb 15 67 Feb 14% Dec 11% Feb 15 Apr 72% Jan 663/4 Jan 13 23% Jun 35 Apr 263/4 Jan 3 29% Jan 20 24% Jun 33% Jan 27% Jan 4 30% Feb 4 New 9% Jun 11 New Inc Bros 3%% *151 152% *151 3 13% Jan 98 Jan 3 110% Feb 137 Jan 30 13 y8 Jan 4 Y York Chic Louis St Co com 8 34% Jan 63% Jan 6 New 18 Jun 30 Dec 30 Feb 48 Feb 61 Dec 56 Jan 26 Dec 250 Mar 232 Jan 10 Jan 10 N 9% Jan Jan 4 9% Feb 34% Feb N Y 33% 7 % Jan 30% Jan 10 Jun 11 Feb 19 % Apr 17% Jan 3 18% Jan 9 3 57 Jan 20 100 232 Y Dock 15% 48 % Sep 533/4 Dec 53 Jan 86. Jan 96% Nov 95 Jan 9 Feb 15 21% Jan 23 23% Feb 14 26% Jan 23 29 31 86% Jan 12 Jan 87% Feb RR y AND 17% STOCK EXCHANGE 11% CLOSED *391/2 105 11% *102 106 63 LINCOLN'S 12y4 BIRTHDAY 62% 10% 17'/8 104% 10% 17% 105% 105% 1051/2 1051/2 170 11% 17,300 11% 106 62% 11% 12% 68% 68 68 62 "2 $3.75 preferred 100 Niagara Mhk Pwr Corp com_No par Class A 18 Nopco Chemical 28 27 27% 5,000 29 29 28% 29 1,500 109'% 105% 107% 105% 105"% 105 106i% 140 140 140 140 140 140 140 12 16% 17% 33 60 V2 121/4 17% 12V8 16 21% Feb 9 North American 13 12%. Feb 17 North American 75 % July 31 Jan 85 Feb 78% Jan Feb 11 39% Dec 35% Jan 13 H.% Jun 19% Dec 17 Jan 3 8% Feb 11% Dec 103/4 Jan 3 Apr 107% Sep 95% Dec 93 % Feb 2 109% Mar 107% Jan 18 11% Jan 13 Oct 19% Jan Dec 4% Northern Central 3 Northern Natural 21% Feb 17 Northern Pacific 16% 17% 14% *28 *27% 31% *27'% 311/8 *26% *54 62 *54 62 *55 61 230 *230 230 "210 230 *210 Feb 2 Gas 230 Northern States Common *87 100 6,900 34% 34% 4,100 18% 18 18 18 18 2,800 57 56% 57 56% 56% 100 9 4,900 99% 99% 99% 50 23% 23'% 23% 23% 23% 23% 47,500 28% 28% 28% 28% 28% 28% 6,200 88 *99 *87*/4 *941% 95% 94% 941/2 95 95 99% 100% 100 »/< 100% 101 101 31% 33% 33% 34% 33% 33% 10 10% 9% lOVa 9% 9% 29 29 28% 28% *87% 89 89 *87"% 400 270 33% 3,700 9% 10 7,400 33% 33% 9% 10% 28% 33 28% 28% 28% *28% 29 1.100 50 *26% 50 y4 27y4 49% 50i/8 49% 50 49% 49% 49% 51 9,300 25 *26% 27% *26% 27% *26'/a 27% 27% 27% 20% 12% 20% 20% 20% 20% 20% 21 39,500 11% 12% 11% 12'% 12 12% 39,700 20% 20% 12 12 Ye 11% 50 84 84 lo __ 20% 1 39 39 38% 19% 20 191/4 No par 4 31% Jan 10 2% Feb 16 3% Jan 16% Jan 13 Norwich 14 Ohio *94 *107y2 No par Northwestern Telegraph— tNorwalk Tire & Rubber 17 11% No par 23 % Jan 4 28% 23% 28% 9% 34 % 8% 99% —25 : 5 Jan , 100 ... 8% 34 *84 200 85 84 84 *831/4 84 39 19% 38% 39% 38% 38% 38% 39 19% 20% 20% 20% 20% 21% 52,100 11% 26,300 *83% 84 80 4.100 Pwr Co (Minn)— 21% Jan 4.6% 28% 23% 9% 34% 93% 100 $3.60 pre/erred $4.80 preferred Northwest *99 100 23% 8% 2.50 Co 3 14 34,800 29 62 *210 230 33 *56 88 Ry Co 5 Oct 5,600 171% 99% Ry Jan Jan 14% 2,100 15% 17% 93% Aviation— 36% 1,800 141% 99% Co 10% Jan Dec 12% 108 '/2 *140 10 183/4 Jan Jan 1% May 12% 106% 12% 94% 4 20% July 11% Mar 12% 12% 88 Co 11% 30% 40 27% *87 Western Ry com Adjustment preferred Jan 20% 5,900 *93% *99 V* Norfolk & Jun Jun 1,600 11% 68 29% 23% 28% 1 8% 13% 63% 11% 68 11% 100 Industries— 15% 13 63 11% 68 62 % 100 21% Oct 63 106 —100 : Noma Electric Corp 12 *102 *67% 11% 68 11% 11% 10G 28% *99 —No par 12 Jun 11% "102 63% 11% 56% 10% Jan 7 106 *67% 56% 4 12 11% 11% *102 55% 9% Jan 95% Jan 21 9 108% Feb 200 106 55% Jan 84 1,400 104% *103 *104% 55% 14 84 2.600 17% 17% 17% 104'/2 29% 17% 25 Noblitt-Sparks 39% Jan '103 Shares 11% 11% 11% 28 *210 — 14 5' 17% 17% the Week $ per share State Elec & Gas Corp— Common 34% Feb 3 10% Sales for 17 Feb. Feb.16 105 18 3 4 Friday Thursday S per share 39% 18% 25% Jan 27% Feb 3,500 *39% 18% Dec 51% Feb 1,600 11% 39'% 18y4 273/a 29% Jan 12% 11 39% 18y4 16'.% May 6% Jun 6 12'A 11 40 Shipbldg Corp partic stock—1 preferred 3 12% 10% 90 29i/2 *57 preferred 13 12% - 9,300 1,800 28% 50 preferred Jan 37 % *39% N Y 3.90% 26% Jan 37% IO41/2 34 3.60% 48% Jan 37% 40 9% 3.40% 28 37% 10% *103 34% 8 Jan 81 Feb. 15 8% 17 Jan 81 t per share 33% 17 Dec 81% *81 Wednesday 9% Feb 28% 2,300 16% $ per share 34% Feb 59% 27 Va 16% SALE PRICES 9y8 95 30 *27 16% Feb.14 *103 104'% HIGH Tuesday 34% 101 Jun 27% 15% 29% *27 Co t 100 19 Sep 26% 15% 15% Co.100 12 Mar 5,900 27% 27 16% 28% No par series A 5% 93% Jan 26 99% 28'% No par New Haven & Hart RR Preferred 98 Va Jan 47% 98 29% 12% 140 No par common Harlem & 98% 27% N Y 21 24% 95% 96 *108% 100 $5 non-cum preferred. Jun 3 York 10,900 % *24% 95% 28% 29% 12y4 No par 100 6% 9 20% 12'A *67 No par 18% Feb Jan *62% 1 Brake 4 14% 11% 10 Central & u 24% *24% 95 % 10% 105 100 preferred series A N Y City Omnibus Corp S per share 17% *104 Newport News Ship & Dry Dock—1 N Feb. 1.8 40 Newport Industries common 4%% preferred 10 145 Monday 10% 100 Jan Jun % *24% \k 24% % U 25 15% f per share 40 5 Dec 1,900 / -No par 5 Dec 2,000 19% 27% rV *103 Jan Air 7% 19% 94% LOW *102 40 *7% % *24% Feb. 11 com 151 7% 19% % 11 17% 151 7% 19% 10% *10% 280 7% 11 No par 1 4.400 19% 11% ' 38'A 182% 7% 11 '' 30 37% 182% 38% Xl9% 11 '*■' G.OOO 99% *98 7% 12 11 700 18% 18% 19 99% 1,000 19,800 9% *9 Va % 19% 12 *11% 9 152% 182 152% 9% 9% 182 37% 183% 12 14% Jan 68% Jan York 37% 37% 11 % 100 (J England • 18% *97% *182 7% Saturday common J) preferred Co 19 99% 37% 1 102 % 23 37% pfd—100 142 223A 38 Elec System Jun 22% 9 % 37% New Jersey Pr & Lt Co 4% Mewmont Mining Corp Jun 22% 9Va 37% 6 9 22% 37% New 11% Feb 16% 82 STOCK preferred Newberry 93% 11% Jan YORK Corp 13 40 16% 82 Par Feb 103 16 % 82 1 $ per share 17 16% *81% EXCHANGE 11% Jan 7,600 16% 82% No par NEW Highest 10% Jan 40% *81% Co Co ... share 40 Va *97% 38 % 19 STOCKS 4 per 1,900 40% _10 Vulcanized Range Since Jan. 1 $ per share 10,100 40 100 preferred Range for Previous Lowest 7% 11% 183 16 Linen Dec Highest 23,700 7% 11% 71/2 *151 150%, 7% 7% Jan 19% May Year 1949 9% 7% 9-% 7% 11 *182 183 150Va :100 19 20% Jan 28% 5% 182 3,700 9Va 98% 4 Dec 205 38"% 100 18% 98% 5,300 33% 33% 11V4 10 7% . 18% 19 98% 90 7 6% 7 33% 600 6,100 184 xll 9% 7% 7% 16% 16% 22% 9% 9% 8 6% 33% *98 Va Feb 10 7% 7% 33% 7 33% 1 15% Jan 184 7% Gypsum Co com $4.50 preferred 21% 13% 183 Ve No par National Natl 56 183 Va 183 183 9 Va National Shares Corp National Steel Corp 117% 183 -182% 22% 3 9% 39% 9% 4 65 39 22% 17 39% 39% 9% 24% Feb Mar 38 Va 9% 18% 99 % Feb 29 39 22% 3 Dec 38% No par 13 Dec 39% I6V2 13 14% 38 3 4 16% Jan 104% 5,100 39 16% % Jan Jan 14% 38 16% 22% 23% Jan xl01% 14'A 38 *16y4 88 13% Mar 14 Va 38 16% 5 Dec Jun 13% 38 x39 % Nov Jan 14 38% 16% 40% 26 9% 13% 38 40% 95% 12% 3,700 14 % 38% 16% 40% Jun S per share 17 13% 38% 39 _1 Prod 350 13% 17 % 33% 9% Stores 18.300 39 Va, 17 % 17 17% 17% • *13% 25 H Jan 17 Va 7% 17% *38 40% 19% Jan Lowest 10,400 No par 73% x80 8Va Enameling & Stamping—12.5o Nat'l 3 7% 17 11% 40% Distillers 7 7% U Va. National 10 7% 11 22 98% Feb 7% 17% 11 Department 19% Jan 7% 17 11 National 11 7% 1 5 13 7% 33% 9% Co Jan 17% Jan 1,500 7% 1 Cylinder Gas 18 94% Jan 24% 182'% National Container Co 13 Dec 36 % 24% 182% *7V8 National City Lines Inc National 16% Jan Dec 36% 24% No par Register Dairy Products 7 36% 24 17V4 100 10 National 13 36 24% 4 —10 preferred National Can Corp Cash 36 24% 5 7% National 36 24% Inc—1 common 2 11% Jan Sep Biscuit Co Feb 24% Jan 183 Fibres Corp Co 42 16 Apr Aviation 27 13 Jan Jun 15 28 Jan 25% 5% Mar Feb 87/sJan 10 12% Jan 17 9% Feb 169% 14 Jan Jan Feb 86% May 38 18 35% 24% 1 Airlines 28 17% 24% 17 *36 Co National 16% 35% 24y4 5 100 Louis St & 37 1 Corp Chatt National Acme Airlines Inc common preferied 10 11% - 11% 93 % 107% 11% 11% 94 11% *93% 11% 11% 11% 11% 94% 94% 94% 108% 108% 108% 11% 11% 11% 12 20 20 3 301/4 108% 11% *108 20 20% 191.2. 20% 20 20 30% 25 Pharmacal 11% 94% 108%, 11% 30% 29% 30% 170 11% 12% 13,600 4 2OV2 21% 7.500 30% 30 V« 30% 30% 30% 2% 2% 2% 2% *2% 2% 2% 2% 2.50 15% 15% 15% 15% 15% 151/4 *15% 15% 50 « 330 108% No par Co 94 Vs 94 Va *108 2% *2% 15 15 660 700 1,000 O 27% Jan 33 May 31% Jan 13 34% Feb 99% Jan 110 Dec ins % .Tan Edison 23 110% Feb 1 23% May 17% Jan 33% Jan 26% Feb 14 28% Jan 5 Ohio 19% Dec 19% Feb 14 20 Jan 9 Oklahoma 20 Jun 31% Jan 24 Feb 14 27% Jan lfl 91 Nov 99 Jan 92 Jan 31 95% Jan 9 6% Feb 10% Dec 10% Jan 3 14% Feb 10 79% July 18% Aug 96% Dec 95 3 99 Feb 10 28 Jun Nov 11% Jun 105 . , , 64% July 49% Jan 22% Jan Jan 4.40% Oil Oliver Co Gas Corp 4%% & Elec 4% (The) convertible No par 100 common 5 preferred A__100 ,Tsn 20 37% Feb 17 107% Feb 14 16% Dec 14% Jan 16 16 Jan 9 79 Jan 74% Jan 4 82 Jan 14 Outlet 643/4 Dec 63% Jan 13 67% Feb 16 Qwens-Illlnois Glass Co For footnotes see page 18 20% Jan 9 Oppenheim 41 7 Otis Jan 2 $4 Collins Elevator Marine & 34 y4 34 Va 109 34 Va 34% 34% 34 Va 34% 109 109% 27% 19% 26% 27 26% 27 Ve 19 Va 19% *19% 19% 24ya 24% 24 24% 24 24% 24 93% 93% 93 V4 93% 93 Va 941/4 109% 13Va 13% 13% 14 13% 99 99 98 % 99 *98% 21 *20% *20% 38% *107y2 39 108 % 21 38% 38% 107 Va 107% 2.50 *14% 15 *14% No par *77% 80 77% 77% 12.50 66Va GGVa 66 66% 15 *20% 38 *106% 14% *76 66% 110 110 * 19 % 26% 26% 19% * 19,400 110'A *109 110% 26% 34% 34% 24 Va 93y4 *93 __Nopar 62.50 Mfg— Co -34% 26% *19y8 *109 ' 10 common preferred Outboard 20 preferred Dec 108% Feb pfd common Dec 40% 108 * 100 No par convertible Omnibus Corp 8% 8 common preferred Co - 280 27% 12,900 19% 300 24% ■ 19 Va 24% 3,400 94 V. 941/4 420 14% 13% 14 11% 12>A 35,300 99 98 % 98 Va 98 V2 98% 350 21 *20 Va 38% 108 14% 80 66% 37% 107% 14% *77% 67 21 *20 Va 21 4 37% 37% 107V2 *106% 107»/2 40 14% *14Va 14% 600 38 80 79 79 67 »A 66 66 Va 5,500 20 5,500 Volume 171 Number 4883 THE COMMERCIAL NEW Range for Previous t per share YORK FINANCIAL STOCK CHRONICLE Range Since Jan. 1 Lowest Highest t per share NEW Highest $ per share LOW STOCK YORK Saturday EXCHANGE Par S per share AND 15 HIGH SALE PRICES Monday Tuesday Wednesday Feb. i;t Feb. 11 $ per share (763) RECORD STOCKS Year 1949 Lowest & Feb. 11 Feb. 15 $ per share $ per share $ per share Thursday Friday $ per share Sales Feb. Feb. 16 the Week 17 t per for Share$ P 11% Mar 14 Jan 17 117k Feb 13 '/a Jan 3 Pacific Amer Fisheries 7'% Jan 3 9'% Jan 12 Pacific Coast Co Jan 10 57'/a Jan 17 1st preferred 40 Jan 31'% Feb 16 34% Jan 12 2nd Feb 21% Nov 20'% Jan 25 23 Jan 34 Sep 327k Feb 1 52 Feb 1 30'/a Jan 3 7% Nov 10'% Jan 51 Sep 71 Apr 52 29 Aug 18 30% 50 Jun 54 Jan 4 Pacific U Pacific Gas 148 Dec 144 Feb 7 148% Jan 5 27k Jan 3 3% Jan 7 Pacific Tin Pacific 27k Jun 4'% Jan 6% No par 52% No par •31% Consolidated 1 Jun Jan 9 Jun 4'% Jan 37k Jan 3 47/aJan 11 10 Packard Motor Car 8 Jan 10% Apr 87/a Jan 3 10% Feb 17 Pan 12 Jun 22 Oct Corp 36 28 Jan 42 19'% Feb 16 36 Dec 38% Dec 34 Jan 13 43% Feb 16 95% Jun 104% Dec 104 Jan 6 106% Jan 13 5% Jun 8% Apr 5% Feb 1 7% Feb 15 15% Jun 207k Dec 1574 Feb 11 Dec 104'% Jan Oct 22'% Dec 101 17% 21 Jan 21 9 Jan 6 Jan 5 102% Feb 3 18% Feb 2 20% Jan 4 101 Western Amer Pan-American Panhandle 4% Oil World Corp Petrol Prod Si & 47'% Oct 42 Jan 25 46% Jan 11 Park Si Tilford 2% Feb 2 Jan 3 2% Jan 7 Park Utah 247% Jan 38% Dec Dec 9 Nov 57k Aug Consolidated 3 30% Feb 15 Parker 77k 7'% Jan 3 Jan 9'% Jan 4 9% Jan 11% Jan 20 14% Parmelee Transportation Patino Mines Si Enterprises- 57k Jan 7 3 Jan 31 Dec 197k Jan 16 Jan 4 17% Feb 17 Jan 37'% Dec 34% Jan 12 36% Feb 7 Penick 42% Jan 57 Dec 54'% Jan 13 60 % Feb 9 Jun 6 Penn 10% Feb 8'% Jan 9% Feb 3 177k Feb 26 % Dec 25'% Jan 3 237k Jun 35 Dec 31'% Jan 24 106 Jun 111 Mar 10 7 6 107% F^b 30 167/a Jun 22% Dec 21% Jan 6 24 'A Feb 17 Nov 17% Jan 167k Jan 13 177/a Jan 9 32 Jun 45% Nov 427k Jan 11 46 Feb 6 113% Nov 114 % Feb 7 Mar 29 Jan 96% Feb 7% May x8 Nov 37% 110 Jan Feb 13% 104 107 28 34% Jan Feb Dec 35'% Jan 4 36% Feb 6 137 Dec 1277k Jan 17 136% Feb 17 13 Dec 12 Apr 21 Mar 35 Dec Jan 108 11 ' Feb 14 13'A Jan 5 8'% Jan Dec 3 11% Feb 17 34 Jan 25 Jun 137k Nov Dec 36 51% Jan 40'% Jun 57% 36'% Jun 53 y0 Jan 47% Jan 58 Oct 56 20% Jan 106 24% 5% Co *8% 38'% 5 common 20 "2 6% Jan 107 25 13 1 5 Dec 105 Jan 5 24 Jan 3 245% Jan 7 6 98 Jan 104 7/a Dec 103'% Jan 20 105 Apr 110% Sep 107 % Jan 4 Year 1949 6 r 57% Feb ^ 16'% 145 3'% 3'% 3% 3 7k 39 *37'% 36'% 3'% 3 7k 37 37 2,800 3774 800 47k 4'% 47k 4 7k 47 k 38,600 9% 97k 974 107a 37,800 19% 20 O CM 417k •104 42 1047k 7'% 67k 19'% *13% 43% O 42'% N« 70 7 7k 51.700 167k 17 167k 177k 16% 104 102'% 102% *102'% 104 10 187a 19% 187 k 19 31,200 197k 19'% 44 *43 45 *43 2 44 *43 27k 2 37 37 Vk 36% 37 '/a 36'% 30 307k X297k 297k *29% 2 85b 8% 87k 91% 9 97a 97 k 97k 97 k 97k 6% 67k 167 k *167k 67/a 2% 2% 9 8% 10 67k 10 67k ♦167 k 17'% 36 36 36 59% 59% 59'% 597 k 59'/a €0 597k 597k lo *8% *8% 9'% 9% 97V 17 *9 9% ♦9 2 %' 2,000 37% 11,800 900 8% 7 2,100 «■. I78OO 1,300 17 17'% *36 36% 600 59% 59% 4,200 9% 9'% 100 277k 3,200 27% 28 277k 23 27 27'% 267k 27 267k *32% 33 327k 32'% 32% 32% ♦32'% 33 *32% 1077k ♦107'% " 107% 17,600 30 10% 6% 36 a 16% 44 30 67a 5,900 67 k 7'% 37'% 6% 200 43 104"% 29% 87 a 197 k 104% *102% 16'% J 97k 2 19'% 1047k 67k 6% 104 19 19'% 41) 41 104% 36'% *107% 720 270 37 k 97k 36% 33 600 200 *107% 1077k *107% 237k 24 237 k 247k 237k 24 237k 24 24 24% 18,400 17% 17% 17 17'% 17 17% 17 17% 17% 177a 27,300 *44% 44'% 44 44'% 43% 43'% 43% 43'% 43 43 ♦111% 113',4 112'% 111% 111% 111% 111% 111 1077k *107'% * *111'% 1357% ♦117a 13 % Pepsi-Cola Pet Milk 4%% Co Co 33%c 100 America Phelps-Dodge Corp Philadelphia Co 6% Feb 15 3 25% Feb 116 15 Jan 3 $6 $1 -5 Electric *105 4 11 Co 107% 111'% 10% 10'% 10% 107 k 107k 107 a 367a -367k •367k 377k *36 7 4 106 106 106 *105 127k 40 40 407k 40'% 55 74 55'% 55'% 567k 49 %~ 49% 487a 49 59% 59% 587k 59'% 59% *106% 108'% *106 No par 25 % 257% 25 25'% 25 % 257k *25% 25% 257 k 257k 257k 600 220 1 < 25 50 1 preference com——Nopar preferred 100 r conv Saturday EXCHANGE 93% Jan 105 Dec 103 Feb 9 Jan 12 1074 Feb 14 Dec 14 Jan 3 177k Feb 6 106 Dec 93% Jan 16 94% Jan 4 Jun 64 Apr 57% Jan 27 62% Jan 7 Sep 11 Mar Jan 12 Jun 32 74 Aug Jan 105% Apr 103 Feb 14 94 Dec 100% Jun 97 11 Jan 10 33% Feb 2 Par Phila & Reading Coal & Iron Philco Corp common 3%% Feb 17 Pitts C C & Et 9 Pitts Coke & Chem 31 $5 29'% Jan 16% Jan 91 Jan 60 257k 500 114% 30 104% 500 *108'% 1097k 60 Feb. 15 $ per share f per Thursday $ per share share 14 14'% 14',% 40 38'% 91 89% 89'% S per share 54% 54% 167% 60% 105 STOCK 54 1047% EXCHANGE CLOSED *157a *91 60% LINCOLN'S BIRTHDAY *9% 11 33% 59 7% 33 7% *104 100 *92% com—No par 14% par *90 55 55 54% 105 *104% 90 7,700 31,400 *89% 55'% 90 10 54'k 547k 5,900 104% 105 104'% 200 *157k 17 *1578 17 *157a 167 k 9*1 96 *91 96 ♦91 96 58 59 11 *92'/% *89 60 33'% 103 90 147 k 387k 96 *97a 97 54 *104% 1047% 167% 33 7k 105 ♦=89 Shares 14'% 39'% *89% Sales For the Week 38 14'% 38% 96 preferred—No Friday Feb. 17 Feb. 16 40'% *91 RR— Co t per share Wednesday Feb. 14 14'% No par Louis Tuesday Feb. 13 137k 25 preferred convertible *25'% 11474 7,000 *104 38 % _5 97 430 25'/a 104 7k *167k common 15% Jan 1 115% 14 No par com Phoenix Hosiery Pillsbury Mills Inc 107 25 1097k 40 7 k 100 31 104 ♦108% 14 7 k No par Jan *114% 38% *103% preferred Phillips Petroleum $4 t per share 100 105 257k 100 preferred 5% 25'% 107 25% 1 Philip Morris & Co Ltd common—5 4% 108 25 3 preferred series A Phillips Jones Corp Monday Feb. 11 $ per share 8 •106 * • LOW AND HIGH SALE PRICES NEW YORK STOCK 16 28 108 1097k 55 Vb Feb Jan 107% 115'% 90'% Feb 13 108 104'% 4 867k Jan 7,900 58% 104 % 13 Dec 3,700' 48 7 a 58'% 115% 50'% Jan 3 57 43'% 59% *108% 84% Jan 17 56'% 49% 59'% 108'% Feb Feb 57% 487k 1047% Dec 13% Jan 57 597k 115'% 88% 14% Mar 57% 49% 108'% 55% 3 56% *104'% Jan 30 49 '% *114% Nov 200 2,900 109'% 37% 106 40 1047 k 79'A *104'% 40 1157% 14 106 40% »108 74 17 82,800 37 40 *104% 1474 Feb U'% 37 40 X40 *114% 40% Feb 10% 2,300 100 3 100 107k 37 12% 100 14 1,400 12% 127k preferred 137k Jan 200 136'% 127k preferred 327k Jan 35'% 136 *11','2 127k 3.8% Jan *35 127k 12% 4.3% Jan ♦105 257k : 12% 9 19% 6 106 12'% preferred common *11% 37 11 407k 357k 136 " 12% 4.4% Highest *35 ♦135% ' 13 Jan Jun 9'% Jan 35 '/a 135% *11% 11 104% Feb 109 $ per share 32'% Jan 135 12% No par preferred Phlla 35 Vk 135% 357k •357k 13474 No par Pfizer 25% Feb ' ♦3674 preferred 15 108 10% No par common Corp of 36 ' Brewing Co (Chas) Sc Co Inc Range Since Jan. 1 f per share 32 144 36% *35% 11,' Jun Jun 144'% 97k *43 13572 10 Feb 11% 2474 144 4% 15% 4r 100 60 Lowest Highest 83 144% 16 7 Eastern Ry Co 50% Jan 227k Jun 144% 9% 6 7k STOCKS 79 145 367k Pfeiffer xll47k Jan 26 104',2 30'% 4% 40','4 19% 100 & Petroleum Sep 1007k 104 31. 167 k 100 1,100 104% 30'% 36% 7 5,600 307% 104 *16% Co 52% 31 % 104% *36 % Coke Corp 11,600 31'% 37 *19% 104 Peoria 31 NOV 26% May 95% 52'% 337 k 104% 32 No par Cement * 527k 50 4% *104 6'% 5 30 117 7% 527a 200 9% • 41% Peoples Drug Stores Inc Peoples Gas Light & Coke_ 12% Jan Apr 87'% Aug 52% 527k 52% 33'a 87k 104% 25 preferred 43% Jan Jun 51% 337k No par Light Co No par Pennsylvania RR 50 Pennsylvania Salt Mfg Co com___10 3%% conv series A pfd 100 6 23'/a 1 per share 33'% 37 97a Penn Power Si Jan 110% Lowest 33'% *22% 307k 5 Glass Sand Corp com__No par 3 Jan Dec 90% Mar Penn 13 11'% Jan 377k *48% Mar 37% Feb 105Tk Jan 24 Jan 9% Penn-Dixie 33«% 3% 2 2 *30 No par prior preferred & 700 3% 44 36% 2.50 Ford Coal 23 8% ' 102 17 8 Coal conv & 1 Co Penney (J C) Co 7% 5% *43 No par Proof 27% Peabody 19% Mines 38% Feb 4 Jan 15-% *102% 1 16 15 6% 100 Inc 347k Jan 8 23 *144% 104% 1 28% Jan Rust 41% No par Corp Jan 11 •19 % *104 1 Parke Davis & Co 29 Jun 227k 317 k 4% preferred Jun 23% Mar 22% 52 7k 9% Refining Pictures Aug x6 30 22% 145 4V4 Transp—5 common convertible 1% 37 32 104% 9% 100 Paraffine Cos Inc 4% •37 % East Pipe L com—No par Paramount 32 32% 1 Inc preferred Panhandle 52% No par Airways CLOSED 104 •144% 3 % 100 3'% Oct 104 100 com preferred 29% 44 31'% 337% Pacific Lighting Corp Mills Jan 31'% 33 Pacific Telep & Teleg 135 32'% BIRTHDAY Pacific 4 3 *31 33 % 10 Jan 33 22 7% 20 101 54 22% Jan Dec 347/a July 52 LINCOLN'S Jan 104'% 1,100 55 22% 33 12 ♦54 ♦22% 25 117k 9 *54% 33 Electric & 12'% 9 567% *87k 8 To •31 10 ♦12 9 *55 55 8% No par Corp of Calif 12 Vk 12 12'% *12 EXCHANGE *54% 33 Feb STOCK *31 9% No par 55 Jun 89 12'% 56 % 1047/8 Jan 27% 12% *S non-cum Finance 34% Jan 5 10 non-cum preferred Feb Inc common *9% *33 *102% 103 7% 58% 59 11 *9 7 k 11 33% 33 58 % 33 1047% 97 *92% 97 •1027k •92 % 59 *9% 104'/% 33% 11,000 11 33 103% 103'% 800 50 97 97 97 10 14% 15 2,600 14% 147k 14% *14 14'% 14 14'% 91% 90% 9074 *89% 917% *90 917% *90 91% 60 29% 3,500 16'% 1,800 Jan 4 12 Pitts 15% Jan 13 20 Pittsburgh Forgings Co— -1 16% 142 Jan 155 Nov 150 Jan 7 154 Jan 19 Pitts Ft Wayne & Chic Ry com —100 *1517% 154 Jun 170 Jan *151% 154 4 167 Jan 23 *151'% 164 Jan *151% 154 164 *1517% 154 156% *165 167% *165 168 *165 168 *165 168 *165 167'% 10% Jun 16% Jan 287k Jun 37% Dec 35 % Jan 13 6% Jun 8% Jan 7'% Jan 4 8% Jan 9 7% Jun 15% Jan 9'% Jan 3 11% Jan 12 Feb 8 150 Feb 135 377k Jan 9 Apr 175 May 150 6474 Nov 88 Jan 71 Jan 3 80 Feb 10 55 Nov 7174 Jan 61 Jan 4 64'% Feb 10 14% Jun 25% Dec 23'A Jan 9 27% Jan 10 135% Dec 147 Feb 135% Jan 13 Xl9% Jun 29 Apr 22 Jan 3 874 Feb 12% Nov 10% Jan 5 36% Feb 50% Apr 38'% Feb 14 44% 38% Jan 16 Mar 32 Sep 8% Jun 137k Oct 12% Apr 15% Nov 4% Jun 8'A Jan 21 Mar 57% Feb 14% Jun 12'% Jan 144 8 Feb 10 25'% Feb 17 Consolidation 7% gtd 7% 5% Pittston Co Plough 9 Plymouth 41'% Feb 6 3 14% Feb 9 Poor 4 16'% Feb 7 Potomac 7'A Jan Si 8V'a Feb Oct 30 Jan 6 31% Jan 30 4%% 79'A Jan 16 89% Feb 3 Procter 56% Jan 31 60 Feb 3 "When 15% Feb 14 177k Jan 6 Publicker Dec 90 V2 Mar 38 Jan 47% mmwm 4 85'% Feb 17 52% Feb 14 Public Service ——- 26% Jan 31 29 Feb 3 Public Serv 1187k Jan — 24 122 Feb 6 $4.75 cum 867k Jan 26 88'% Feb 6 2574 Dec 24% Feb 9 26% Feb 8 Pub Serv 25% Jun 29% Dec 28% Jan 27 30'% Feb 2 $1.40 3%% div Dec 10474 Feb Feb 15 4.08% Feb 37 Apr 33'% Jan 3 36'% Jan 12 Pullman Co of Jun 33% Oct 26'% Feb 14 30'A Jan 9 Pure Oil (The) 1077k Jan 3 1097k Jan 10 3 347k Jan 30 Jan 107 25'A Jun 15% Jun 97k Jun 6674 Jun x7 Jun 92% Jan 105% 109 30% July Dec 30 Jan 3 106 5% *144 146 24 24 *117 k 7k 237k of Gas 76'% 76% 63'% 64 140 24% 247k 25% 800 *144 146 24 24 14 147k 16% *11% 39 *40% 41 146 ♦144 24% 24% 117k 146 *142% 24% 24'% *117k 117k *11% 39'% 397k 39'% 40 41 40% 40% 41 41 147k 14 147k 14 14% 1,400 16% 16'% 16% 16'% 167% 8,600 87k 22,300 200 8% 30'% 31 31% 31'% •30 31'% 400 88% 877k 877k 87% 88% 88 887a 4,500 .59'% *58% 59 587 a 587k 59 'A *58% 8'% • 8% 15'% 157k 15'% 157k 84% 85 85 85 52'% 52% 52'% 527k 527k 2774 277k 27 Tk 28 28 100 *120 *87 1 121'% 100 88% 2474 com—No par 29'4 *120 *87 247k 29'% 24% 287k 121% *120% *87 88 8 7k *30 87k 8'/a ♦58'% 157k 157k 16'% 85% 857% 85'/% 110 52% 5 2'/a 52'% 52 52% 6,300 28'% 27% 28% 27% 28'/a 5,300 121% 120'/% ♦1207%- 121 121 87% 88 24% 247k 24'/% 247k 24 7% 247k 15,000 29'% 28% 29 29 297k 29% 297% 6,800 *105'% 1057k 347k 34% 347k x347k 347k 347k 27'% 277k 26% 27'% 267k 267k 26% 347% 267k *108'% 109% ♦1087% ♦877k 1057% 34% 110 80 88 247k 100 *105% 100 3,800 15% No par 106 59'% •847k No par 32'% 200 77k 1574 *108% 3,800 2,500 88 84'% No par 117 k 30 % 1574 Purity Bakeries Corp 25% 88'% *83% 100 146 39 5 preferred 280 3074 No par common 158 63% No par com *140 77'% 167k Indiana—No par 158 63% 137 k 20 1,600 *140 24% 16'% 8 3,900 107k 77'% *40% 77a 77k 10% 25 16'% 88'% 3,300 77k 10% 63'/a 14% *30 36% 77/a 1.07k 77'% 24% *14 1 357k 36% 77k * *76% 41 16 '/'a 16% x637% *40 10 167 k 65 11% com preferred conv *144 158 287k 28% 79 247k 397k Colorado Inc 24% *24% *58'% Inc preference 30% xl03% Nov *64 25 11% com preferred El & 78 64% *24 7k 387% series A—50 4.64% preferred wmmmm Jan 79% *64 *140 158 40 Co preferred Co *145 12 issued" 13 79 7% 158 40 No par Industries Jan 20% mmmm preferred 46% Jan *145 No par B 367k 7% 107k 100 Gamble Dec 80 77k 10'% 1 Power 16% 36% 77k —100 Pressed Steel Car Co Inc & 357k 28 7% 16% 107k 5 class conv 367k 28% 77% Co Electric 167k 107a 5 Co 35% 28'% 16% 77k Pond Creek Pocahontas 3 3574 287k 10% Inc Oil 167k 77a —1 3 28'% 16% 10 7% (The) Feb 12 35% 287k No par B 43'% Jan Dec 7974 class 10 28% No par preferred class A 32 Feb 100 5%% 1st ser conv prior pfd—100 Pittsburgh Si West Virginia 100 Pittsburgh Young & Ash pfd—100 86% _ 1 preferred preferred 15 22 Co Pittsburgh Plate Glass Co Pittsburgh Screw Si Bolt Pittsburgh Steel Co com Jan 15 Coal 106 108'% 108'% 32'% 32'% 327k 21 207k 207k • 106 x32 106 106 88 106 50 40 347k 34% 6,600 267k 27'% 10,700 109 1087% 1087% 200 32% 32 32 32'/8 32% 1,300 20% 20 207% 20% 500 15% 245,000 Q I 20% Jan 18% Jan 4 21'% Jan 30 Quaker State Oil Refining Corp—10 147 k Jan 12'A Jan 3 1574 Feb 74% Jan 73% Jan 13 Feb 7 Radio Corp of America com—No par $3.50 1st preferred —No par 9% Apr 8% Jan 3 97k Feb 3 Radio-Keith-Orpheum 101% Dec 3 103'% Jan 10 Ralston (Raybestos-Manhattan. Rayonier Inc common *20 20% *20 R 100 Feb 76 14 237k Jun 29% Dec 27% Jan 3 297k Jan 27 21% Jun 30% Fpb x247k Jan 25 287k Feb 17 32 16 Feb 30'% Jan 13 1774 Jun 23% Jan 20'% Jan 25 227a Jan 9 34% Nov 43 Jan 36 Jan 25 39'% Feb 9 28% Jun 36 Jan 31 Jan 13 33% Feb 3 26% Jun 3474 Feb Corp Purina Co 374% pfd $2 preferred Reading Co common 4% non-cum 1st preferred 4% non-cum 2nd preferred 147k 157k 15% 157k 15% 1574 *75'A 75% 75% 757k 76 76 1 9'/a 9 'A 874 9% 100 *100'A No par *28% 29% *28 7k 1 27'% 277k 27'% 102 *100'% footnotes see page 18 29 28'A 31 31 31 31% 50 21% 21% .21 21'A 50 *38% 40% *38 50 ♦33 33'A 25 33 _ For 102 „ 87k 102 87k 102 157k ♦75 87a •101 *287k 29 ♦287k 27% 28 277k 31% 31% 207k 21 15% 15'% 7574 •75'A 76 300 87 k 9 20,500 9 *101 103 102% 10 29 287k 28% 300 23% 277k 287k 8,600 32 32 32 32 2,900 207k 20% 21 21% 2,200 39% *38 39 % 33 *32% 32% 40 *38 40 *38 33'A *32% 33 •32'% 1 . 200 (764) COMMERCIAL Range for Previous $ per Range Since Jan. 1 Lowest Highest $ per share share NEW Highest $ per share 10 % Jan 13 V2 Apr 11% Jan Nov 23% Jan 16% Feb 17 11% Jan 16% Oct 14% Jan 13 Jun Jan 6% Jun 50 8V2 12% Feb 1 Real Silk 18 Jan 3 Reed Roller 16 Jan 7 Reeves 9% Aug 8Va Jan 7 Jan 6 9% Jan 11 Dec 27 22 Feb 9 25% Feb 17 8% Jan 3 11 Jan 60 Nov 58 Jan LOW STOCK Feb" 60% Feb 5 9 d.iv 2% Co common—! 5% 11% Jan 13 13% Feb 16 85 Jan 20 92 Feb 14 12% Jan 10% Jan 13 13 Feb 2 Reo 8% Jan 5% Jan 25 7% Jan 9 Republic Dec 4% Feb 11 5% Jan 30 Republic Pictures 1 91V2 10 Dec 9% Jan 13 11% Feb 27% Jan 23% Jan 13 26% Feb 110 Jun 10% Aug 98 13 Jan 108 Feb 17 Feb 103% 3 18 5% Feb 14 100 Feb 13 Jan 22% Feb Drug 102% Jan 20 Jun 10 Dec 9% Jan 31 11% Feb 17 Reynolds Spring Jan 39% Oct 37% Jan 25 39% Jan 7 Reynolds (R 40 Sep 47 % Jan 3 98 Aug 42 % Mar 50 *59% 10 EXCHANGE 61% 12% 10% LINCOLN'S 92 10% BIRTHDAY 6% 4% *106% 108'/4 *106 108 % 15% 16% 16 Va 100% 1001/2 -*100% 2.50 %' 53/8 21% 22% 22 Va 100 com *101 Va 101% 101 Va 5% o 22 21% 102 *101% 102 24% Jan 17 12 Jan 12% Dec 14% Feb 9 21 Jun 31 Dec 30% Jan 13 35% Feb Jun 68% Dec 60% Jan 13 67% Jan 5 7% Jun 96% Apr 10y4 Jun 16 Jun 21% Dec 39% Apr 61% Nov 8% 33% 12 Jan 12 3 19% Feb 1 Jan 3 22% Jan 18 54% Feb 15 58% Jan 9 x20 12% Mar Jan Jan 16% Jan 104 19% Nov Sep 16% Dec 105 4%% 104 3 10% Jan 12 Jan 31 Dec 29% Jan 13 36% Feb 9 113% Feb 112% Jan 7 113% Jan 48 Va Jan 38 Feb 15 Jun 12% Jan Jun 43% Dec 10% Feb 43% Jan Jun 131% Dec 123 Jun 100% Nov 98 Jun 9% Jan 109% 7% 31 87 78 6% Apr 14 Ruppert .11% 11% 11% 11% 17,100 37% 38% 38 Va 38% 10,900 49 *47% *47 49 26 153 Feb 17 Jan 24 100 Jan 5 14 9 Jan 9 86% Jan 24 13% Dec 12% Jan 13 31% Dec 30% Jan 3 46% Jan 90 May 70 Dec Jun 98 Nov xl03% July 108 Oct 78 94% 91% Mar Jun Jun 66 Feb 94- 14 % Jan 10 90 St 7 6 Jan 107 Jan -787 Feb 1 7 108 Feb 14% Jan 30 12% Jan 83 Jan 91 Sep 86 Va Jan 5 90 13 Va Jun 21% Dec 20 Jan 3 25% Feb •3 47% Jun 62 Dec 60 Jan 3 693/4 Feb 13% Jan 3 Feb 10 Mfg Co 3.65% 4.30% preferred Co 5% "preferred 3 36% Feb 56 Dec 47% Jan 25 52% Jan 7 Seaboard 53/4 Jan 11% Dec 10% Jan 31 14% Feb 8 Seagrave Corp 21% Feb 2 44 % Dec 41 Va Feb 15 44% Jan 9 16% Dec 15 Jan 3 16 % Jan 11 6% Jan 5% Jan 3 6% Jan 10 Jun 11% Dec 10% Jan Jun 101% Feb 92 Jun 33% 9% Jun 4% Jun ' 6% 77 Feb 3 13% Feb 1 17 94% Jan Seaboard Sears Oil Co pfd $ per share Jun 31'% May 24% Feb 14 28% Jan 4 Aug 37Va Jan 25% Feb 16 28 Va Jan 12 Jan 38% Dec 37 76% Nov 83 May 76 Va Jan 13 Jan 105% Feb 42 Feb 16 17 79 Jan 6 14 106 Feb Shamrock 17 V oil Sharp & $3.50 & conv $4.25 cum 10 % Oct 9% Jan 3 11 Jan 11 15% Dec 15% Jan 7 21% Feb 8 Sheaffer 30 Jun 40% Dec 34% Jan 25 Jan 9 5 Jan Oct 6 % Jan 13 7Va Jan 9 Sheraton Jun 4% Jan 2% Jan 3 22 May 27% Nov 26% Jan 13 28 Oct 36% Jan 30% Jan- 6 ■38 3% Jan 29% Jan * 33 Jan 12 9 21% Feb 100 15 24% Jan 110 19 Jun 33% Dec 29 Va Jan113 33% Jan 21 Va Nov 31% Jan 22% Feb 16 25 83% May 95% Jan 88% Feb 84% Feb 7 100% Mar Jan 4 14% Jan 4 98 Jan Jun 17% Oct 16 Feb 14 97% July 107% Dec 106 Jan 20 Shattuck Silver (W Smith 85% Jan 11 101% Jan 26 4.20% 18 17 Feb 17 14 413/4 42% 15% 15%. Oct 11 53 Feb 68 Jan 16 75% Feb Coalition preferred 5% Carolina 12 Southeastern Nov 11% Jan 36% Jan Jan 40 3 39% Feb 10 South 45 Aug 40 Jan 4 45 Sep 12 NOV 11% Jan 3 Jan 36% NOV 34% Jan 13 32% Jun 51 Dec 49% Jan 3 53% Jan 25 Va Jun 41 Jan 32% Feb 11 38 Va Jan 45% Jun 61 Jan 54 Jan 3 56 Nov 66 % Feb v60 Jan 13 10 Va Jun 13% Jan 11% Jan 5 13 Feb 1 10 1 37% Jan 20 57% Feb 65 9 4 % Jan 3 10% Feb 15 Oct 5 Va Jan 4 6% Jan 9 Jan 3 Feb 26 Oct 23% Jan 6 24% Jan 25 22% Jun 29% Mar 25% Jan 3 28% Feb 17 Jan 3 23 10% Jan 12 Feb Conv 18% Dec 16 Feb 16 17% Jan 5 Square 37% Dec 34 Jan 13 37 Jan 5 Squibb Apr Apr 22% Nov 20% Jan 3 Jun 92 Dec 89% Jan 31 47% Jan 25 108 Feb 7 23% Feb 3 Feb 2 92 143 Dec 140 Jan 3 26 61% Feb 152'% Feb 10 Jan 109 Jan 159% Dec 152 Jan 13 165 Feb 10 55 Jun Sep 61 Jan 25 65% Jan 3 60 Va Jun 74% Nov For footnotes see page Feb 42% Feb 14 45 66 25 69% Jan 18 Jan 39 39 Va 40 40 42 41% 42 *75% 77 105% 105% 106 10Va 10'/a 105 % STOCK EXCHANGE 10 3 Edison *105 108% 10 Va *10 10 Va *10 19 *18% 9 D common 5 283/a 28% 31% 31 31 21% 22% 21% *30% 3034 22% *30% 23Vt 23% 23% x23 23 Va *84% 86 *843/4 86% *100% 101 *100% 101 101. 22 % 22 100% 100 Va "■ *100% 101'% 108 3% 10% 52 % 52% *52% *73% 74% 4 54 17% 16 108% 4 * 54 71,400 700 4 2,800 10% *52 -74% 3Q 2,000 109% 3% 10% 10% 74 % 50 16'/a 108 *52% 700 7 18 16 Va 3% 74 74 17% 10% 10% 12% " 39% *44 12% 12% 397/a 39% 45 *44 12% 12% 397/a 39% *44 45 - 11,700 54 100 73% 73% 600 12% 12% 12% 12% *3,700 38% 12% 393/a 45 35% 34% 35% 127/a 13 12% 36% • 35% 39% 38% 38% 2,100 45 45 *44 , r . 45 100 36% 56% *63% 1 13% No par 5% 6% 1 1 5% *63 24% 26% 2 ■9% No par *70% 6 70% 13 127/a 13 13% ,,13 36% 3 6 3/8 36% 51% 52% 51% 53 51% 33% 33% 34% 34 56% 13 Vt 66 354/8 33 Va ■ 353/a 36% 56% 100 - 353/a 56% 56% •56% 65 64 64 *63 66 *62 66 30 13% 123/4 12 Va *12% 13% 13 13 -1,000 8% 9% 10% 8% 10% 8 *64 13 7 ' 7% 5% *68 6% 70 Va 24% 24% 24% 27 26% 26% 93i ■ 6% *67 24% 27* 6% 70% • 353% 36a8 56% 6% *07 35 35 Va 12% 13 8,400 . 54,900 36% • 36% 36 % 4,700 52% 52% 53% 17,100 343/4 34% 35% 15,700 56% 57'/a 563/4 6% 70 Va *6% *67 8% 6%* 2,100 327,100 1,300 70% — 24% 24% 24% 24% 24% 27% 27% 23% 23 28% 1,100 10,400 9% 7,400 9% 9% 9% 93/8 71 70% 70% 70 Va 70% 71 71 71 71 16% 16% 16% 16% 16% 16% 16 16% 16% 16% 2,700 l 36% 36% 36% 36 % 36% 36% 36% 36 Va 36 36 Va 1,700 No par *107% *107% 108% *107% 108% 108 com.—No par 223/8 22% 223/s 22% 22% 22% 10,000 91% 91% 913/4 91% 91% 350 59% 10,100 common 0 CO *107% 108 34 22% 22 3/a 22 34 91 91 Standard G & E Co $4 pref—No par $6 prior preferred No par 91% *149 151 143 '148 *143 150 *164 166 *163 1C5 *163 16<i Inc ! $7 prior preferred No par Standard Oil of California.,_No Indiana— New Jersev 597/a 60% 57% 60 *91 53% 593/8 9% 58% *147 161 Va 9% 59 3/4 *148 162 44 44 Va 42% 44 42 % 433/8 43% 43 % 25 67% 67% 66% 67 % 66 Va 66% 66 % 66 Va 617/a 62% 61% 60 100 150 162 25 62% 58% 80 108 162 62% 613;4 9% 150 62 Va par of 85% 108 % 108% 91 Oil *84% 108% 22% Standard 843/4 ■ 16 No par 7 84% 16 Va _,._100 ;_l Sons $3.50 preferred of 800 23 % 16 52% • Oil 1,600 *22% 16Va 4 4,400 22% 16 10% 24,000 106 22% 16% 108% 223/8 22 105% ; 2,300 200 ' 22% 17 4 2,600 31% 30% 17 10% 3'/a 28% 22% 16% *108% 400 5,300 30% 17% 4 4,700 30% 16% 10% 3 23% 106 v 7Va 22% 18 __5 Standard 105 1,100 353/a 7 *31 22 Va 22 22 Va 106 106 107 : 19 35 Va 3 Va 3% 28% 1,200 lOVa *18 Va 7 7 Va 2% *31 31% 33 Inc preferred, 3 3 7 7 28% 3 30 3/4 52 Va & Sons $4 preferred Standard Brands .. *21% 32% No par & 7 31 Vt 86 19 35 % 34% 21% 54 7.50 Co (E Ri 35% 7 Va 7 7 105% 108% 5 preferred Kellogg 22 105 2,600 13,000 200 105% 16% 25 common $4.50 223/s 107 6,800 . " Sperry Corp (The) Spiegel Inc common,— Feb 82 Co Spencer Jun 17% 38% V * $5.50 preferred 23% 106 Va Jan non-cum Spear & 13 Va 107 39 78 Shares 25 ' 26% for * Lines Mobile & Ohio stock tr ctfs 16 71 23 23% ,25 Spalding (AG) & Bros Sparks-Withington Co 23 21 Jan 5% 9 14 Jan 9 24% 26% 31 No par 5% 68 25 25% 75Va com.No par (The) Railway Sales the Week 17 24% *52% No par Feb Jan Co Friday 25% *73% Southern 6 V8 10 Va Mar Southern 10 Feb. Feb.16 26 % 106% 10% 800 9,000 $ per share Thursday Va 50 Greyhound Rico Sugar 92 24 3/4 BIRTHDAY 4 . 12% 92 26 3 10% 12% 25% 35 Ve 1 2,300 6 ,6 93 26% *18% pfd—100 6 . 12% •12% *92 243'i 18% corn..4.50 1,400 16.100 16 v 26 Va 353/a 11 13% Feb 70 Porto 14 42 % *15% ' 25% 26% 50 8%. preferred Southern California 13% 41% 15% 15% $ per share 18% 12 3% July 53% Dec 60 G Co 1,800 $ per share 35% 63/4 *100 2,400 43% PRICES CLOSED *84% 13% 20% 43% % 400 20% $ per share $ per share 13,100 68 % 41% .42% 6 12% 25 Feb. 15 LINCOLN'S 3 13% 90 24 Wednesday 6% r 7 ■7;. Vt 2,100 *67% Feb. 14 19 Southern Natural Gas Co Southern Pacific Co— 3% May May E & preferred conv Oct 10% SALE *89 " 20 14% Tuesday Feb. 13 35% 100 preferred 5 Va % Jan 28% HIGH 7 13% 93 6% 100 preferred Feb 35% Feb AND 43 6 12% *92 19 (AO) Corp lo (A) & Sons Carpet Co com—20 11 13 Monday 48% 20 160 111 14% 21 48% 2,000 94% *108 14a6 90' 2Q% 70 106% *85% 7 86 24 15% 6 ;• 69% *93 103 20% " *105% 86 63 42 35% 5 Co 26% Jan Mines ! Corp,. 36% 34 10 Va *17% 3 Nov *105% ' Smith & Corona Typewriters.No par Socony Vacuum Oil Co Inc 15 10 Dec Feb 38% r78 . 123/4 93 19,700 68 15% 30 22,000 4.2% 69 *89% 7 91" 16% >16% •31% 24 41 Va 1 South 14 25% 6% 12% *92 *88 70 313% 14% ,90 153 16% 108 ' 15 South Amer Gold & Platinum 52% Nov 6 6 13 94 *13% 1 7/ 90 - 66% 14 % 48% ' 18,300 *85% 203/4 ' 8 85% 21 ; 7% 94% 20% 49 150 8 149 106% 21 % 1 89 % 100 15% 68-%' 16 Co__ Solvay American Corp 4% 71 % 4 * 47% 90 99% 31% 24 3A *26% 4,000 47 11,200 93 90 V 108 14% 90 42 • 47% 36% 113% 148 *105% 68% $ per share 11,000 > 23 % Saturday 11 Va ,-"7 94 Va 68% 6 -10% -34% *113 8 68 % 24% 12% 10 7 96 68% *92 2,600 10% 106% 23% 7 15% No par 12 13 51% Jan 45% *89 % 4 42% 1 28 3 9% Jan Apr 14% 13 —No par 4 Jan 85 Va *107 108 14% LOW 17 4% Jan 85% *48 No par Pen *94% *105% 207a 1 33 Va 7% 15% 69 24 % 38 Va 46% 31% 67,3/4 96 85% 14% Feb. 11 Jan 11 67% *107 90 153/a 31% 7 106% 8634 112 j 38% 98 8 *68%: STOCK 109% Feb 3% Jan Jun *89% 24% 67 *94 Va *105% 14 of America Co 3 %% Oct 36 Va 67 96 106% 14% 35% 113 % 148 92 *90 15% 31 % *21% Smith Dec 70 15% 31 20 5 4% Dec 15 32 Va 473/8 7% 92 15 49 Sloss-Sheffield Steel & Iron 12 10% 52% *90 8 313A 1 G) A) Corp King >'' 7% 92 • 100 ' 8Va 5 34% 38% - 144 *97 13% Gas,, (Frank Simmons Jan Jan Jan *90 47 144 106% Jan 18 Va 8 47% 145 % 100 , 10% 113% • 10% 100 15 6 17 98 V* 46% 10% 145% 99% Skelly Oil Feb 22% Feb 100 99% 22% 3 Dec 47% 148 liS 10% No par 3 Apr 10% Sinclair Oil Jan 71% 10% 47 Va- .10 Va , " 9 20% Jan Jun 38 3/a - 283/4 Jan Sep Jan I 113% *38% 35 Vt 31% Dec 6% 35'A 113% 38% 34% 28% 22 % 64 34% 113% 38 31% 127% 73 500 1,100 28% Jun 35% 10% 32% Jun Jan 10% 28% 16% 29% 10% *31% 97 °14Va 1Q% No par 24% 53% Mar 10% *10% No par Jun Mar 3,700 10% Simonds Saw & Steel 25 18% 7% 2,900 56 49 Shell Oil Corp 7 2% 3% 19 22aa *54% *113 pref series A—No par preferred— No par Jun 40 18% 22 Va 55% .,5 Corp Dohme common Apr 14 Va 18% 22% 55% No par Steel 8% 17% 18% 22% 38% 10% ——No par YORK 11% Jun 19 223/8 *85 Vt . 200 l,,t>00 104 553/a • 35% —No par Co,— *103% 18 Va 5 & 104 54% 113 V« 1 of Del 35 64% 22 38% Par Sharon *102% 18% 14 Va 35 64% 18% '110% Co— $ per share 22% 104 3,900 10,000 221/4 EXCHANGE 21 % .*102% 500 2,500 56 —100 $4.50 preferred NEW 104 13:V4 35 64% 64% 35% vtc___No par com *34 % 65 22 "a 11,800 v-. 22 100 com, 133,4, 35% 6434 ;5% 21% > 16% 56 100 : > 21% 14 38% ,5Va 22 10o Refrigerator CD Seiberling Rubber Co„; Serve! Inc common... Highest 24 % 10% 18% 21% 14 14 *34% 37% *16%" 5% 56 5 _ Roebuck Range Since Jan. 1 Lowest Highest $ per share 21% 66 *102% STOCKS Year 1949 Lowest 21% 113 Va 100 Seeger 11 16 5Va, 10% series A——100 Finance Range for Previous $ per share 18% 1.75 (The) 3.35% preferred Seaboard Air Line 19% Jan 37%, 16 5Va 300 5G 105% Sep 37% 16% 5 Va 22% 65 104 *94% 19% 38 16Va 14'% *66 Jan 37% 5%.. 35% No par 163/8 1,200 22 i _5 Scovill 10 20% 13% No par Elec 20% *34% No par Scranton 20% 14% $3.40 preferred 4 96 20% , 21% 66% $4 preferred 10 9 20% 35% •*101% No par vtc Industries Inc Scott Paper Co common 4 30 Jan 5% Schenley Feb Jan A Savage Arms Corp 3 240 20% 14Va *66 Ry Co—100 preferred 100 11 Jan 97 % 107% 35% ■ Southwestern non-cum 17 70 5'% 22 49 97% 106% 16% 16% 21% *47 97% 107 % 38'% 37Va 5% 49 , *97% 106% 5 St Regis Paper Co common 1st pfd 4.40% series A Feb 84 % Jan 104 Louis 5% 38% 97 107 Va 21 20% ■16% *47 49 97 *106% 10 Co com vtc series 16% Feb 106 % Jan < Oct Preferred 21 ; *47 97% 106% 100 34% Jan ! 7 ' 104% St L-San F Ry 9 Jan Jun 87 Co 7% Feb Jun July common 48 9% 77 Safeway *97Va 106% 38% 5 St 98 106% *16% ■ No par 12% Jan • 21 1 iJacob) Joseph Lead 350 11%' 38 . 1 (Thei Stores 5%-' preferred 100 10% 100 Royal Typewriter Co 100. 60 2,500 4 373/4 25 !_20 A—! series Ruberoid 1O0 %■ 100% 22 3 101/2 com—1 common 41% Jan ,10 3 22% preferred 22% 38% 20 Controls Co 22 10% 5% Ronson Art Metal Works Inc 25 35 Va May 4% Haas 16,700 53B 37% No par preferred conv & % 22% 10% Mines Inc Robertshaw-Fulton Rohm 2,200 5 3/4 5 39 Va —_No par Copper Mills 5% 106 16 16% *100%' 101 10% 1 Co— Oil Corp— Company Robbins 11 36 .< Manufacturing Richfield 20% Jan *107 16% 101 37% 3 Dec 108 16% *100% 1 class B 21% Feb 21 16% 101 10 Co 13 Mar *106 % 5% No par 5% 21% : Jan . 108 16% 100% , 19 15 *106% >16Va 100 Vt 5.% 100 lo Antelope 20,000 13,200 ,. 4,200 21% Dec Roan 2,900 7,Va 7 4% 4% 22,300 Jun Ritter 10.% 6% 1,0% 13 % 9 100 26 V* *97 Va 9 10 % 6 %, 4% '16,400 , 10%' 106% 11 50 13% 91 % 25% 100 Jan 10-% .6% 4%' ' 60 13% *903/4 10% 100 5% Jan *58 13% 92 10%' 7'/a 4Va 60 13% *90 % 10% 6% 4 Vt 900 25% series, 42% Jan 10%' 6V4 4Va 1,100 9% 10% series— 18 *58 13% 92 25% 9% 25% 4.50% Feb 59 13 ;'90% . 100 25 % 10 10% 3.60% 4% Jan 1 23% JO 25% Preferred 16 300 10% Preferred 37 Va Feb 59 13 Va 92 *24% ; 25% 10 Dec 10 8% 10% 10 Jan 24% *9% *8.' 8% 253/a 97% Feb Jan 4 10%; 107% Jan 5% 8 *73 24% 25% 5 42 Va 7',, 7% 900 1,300 10% 16 21 15 12 25% Jan Jun 16% 15 10 V* 94% Jan Jan 16% 15 25% 106 Jun *11% 16% 15 for Shares 10 108% NOV 24% 11% ie3/4 $ per share com—No par Jan 15 Va 11% 10'/a *59 CLOSED 6% Tob J) 13 Va 11 % 102% x3% 12 24% 10 4V» Common Rheem the Week 15% *15 8% *3v: L 85%' Jan Sales Feb. 17 . 16% 12 24 92 6% convertible preferred Jan 61% 13 Va 4Va Reynolds Metals Co 5%% STOCK —1 Inc-i 4% 3 10 Va common——_50c Corp 34% Sep 23% 11 preferred Rexall 15 *90 Inc Steel 5 % '/'c Friday Feb. 16 $ per share 16% 16% 15 10 Va 6r/q, conv prior pfd series A—100 Revere Copper & Brass com__No par 6% Jan 20% Jan Motors — $1 convertible preferred 100Va Jan Jan 23 14% Jan 99% Jan Dec 6% Jun 103 Jan Dec 100 4% Aug 187/a Jan 16% Jun 91 preferred Republic 12 lb% —100 50c 25c Aviation Corp 4% Jan Thursday 15 $ per share 12 12% 1 Dec Nov Jun 17 share 17 83:, 5 Conv pfd 3%^ series Remington-Rand common 12% Jan $ per 23% -No par 90 1 $ per share PRICES Feb. 15 10 preference Corp Apr 6% May 4% Jun SALE Wednesday 15 *16% 50c prior Reliance Mfg $4,50 HIGH Feb. 14 & Co— Reliable Stores 7 *12 Monday, February 20, 1950 Tuesday Feb. I!) $ per share No par Inc (Robt) $1.25 Co Bit AND Monday Feb. 11 Hosiery Mills com——5 Bros Jun 73 Saturday Par Reis 4% YORK EXCHANGE $ per share 25 15 % 18% CHRONICLE STOCKS Year 1949 Lowest FINANCIAL & 62% - 300 62 % 13,800 43 Va 43% 12,200 66 Va 66% 26,100 62 Volume 171 Number 4883 THE COMMERCIAL NEW Range for Previous Highest $ per share 20 Range Since Jan. 1 Highest NEW Lowest , $ per share $ per share 27 7a Oct 25 % Jan •4 27% Jan Dec 10174 Feb 16 102 74 Feb 2 Jun x27 10 Oct , Dec Jan 13 July Dec 48 387a Jan 12% Jan 3 4172 Aug Jun 35 20% . 36% Jan 27 98% Jan 10 18% Jan 24 Jan 6 ,48 .30 > Feb 20 Jan Feb 3%7o 3 ,50 Standard 9 7 327a Jan 15 -: Standard A'/o ,,99% Jan 4 Dec 317a Feb 347a Jan 9 972 Jun 14% Jan 12 Jan 3 18% Feb 14 97a Jan 13% Dec 12 74 Jan 13 14 7b Jan 7 17% Jan 25 18 74 Jan 4 207» Jan 13 22% Jan 11 Jan 18 74 Dec Feb 21% Dec , 167a Feb 23 Dec 26 Jan 13 29% Feb 2872 Jun 52 Dec 45% Jan 13 66 672 Feb 90 Feb 9% Jan 52 7« Oct 95 72 Jan 107a Feb 15 Jan Dec 118 7a Jan 14 9 Jun 11% Dec .1072 Jan 25 15 July 17% Jan 16% Jan Jun 2174 Sep 19 16% 3674 122 Feb 60% 7% Mar 127 12 7B Jun 227 18 7b Feb Feb Dec 195 9 Jan 3 Corp Co Class Sunray Oil . 18 18 18 18 18 22 2174 217B 21% 21% 21% 21% 28% 297a 7,500 277a 28% 28 29 7b 28% 2974 28 29% 54,900 64 'A 64 74 64 64 % 64 64 1 No par 1 common 2 55 1197a 10% 107o 98 % 74 *119 *96 55 % *119 1,800 1074 97'A 55% 1197a 55% 1197a 10 10% 98 78 19,000 97 74 20 *55% 46% 3,600 119% 119% 100 12% 41,000 1,800 4,300 58 58% 10 2,000 California 58% 10% 59 10c 25 *207 Corp 50- Mining Oil of Steel Sutherland 47a % Co 10 1074 33 1074 10 117a 10% 206 107b 38 *107 7a 38% 38 % 109 107B *202 11 210 210 *38% 10% 23,700 210 500 1074 107B 1074 1078 11% 39% 38 78 38% 3874 387a 3,300 700 103 74 109% no 1174 10% 1174 *107/0 1174 11% 11% 11% 11% 36% 36% 36% 1,000 36% 36% 367a 36% 36% 26% 11% 36% 3,800 28 Swift & 20 Swift International Ltd __ Sylvania Elec Prod Inc 17 1074 204 11% 1174 1274 Jan $4 10% 216 12% (The).-4.16% 37 7a Jan 3 1074 *206 12 *107 7a 3 10 10% 215 12 74 12 100 _ Sweets Co of America Co 1274 * Paper Co preferred 127B * _ 13 7 7b Jan 56 557a *119 *96 58 Jan 8372 Jan 56% 1197a 637a 974 98% 57 74 Biscuits Inc 974 Jan 23% Feb *56 *118 7a 63 9% *96 577a Nov 9 9% 987a 700 57 11% 17 4 9 *96 .No par 100 66 9 „■ ' 12% 57 4 3 *64% . 12% 57 Sunshine 4 Jan : 12% 17% 21% 12.50 Sunshine 572 Jan 13 17% 12% 17% 127a 17% 21% 17% Jan 19% Jan 12 7a 17% 217a 20% i07 74 127a 100 17 74 Dec Jan 97,600 3,600 20% 108 7b Nov 3,700 17 18 Dec Mar 32 16% 12% 207a 1067a 6% 32 18 17% Superior 89 32 177a 20% Superior 24 7a 32 18% 17% 11 Sep 31% 17% 2,500 5,800 28% 20% 11 Jun 31% 18% 14% 99 17% Jan Aug 3274 167a *98% 20% 11% Jan 3% 32 99 127a 41 17 7b BIRTHDAY *98% 217B 14 767a 99 187B 11 34 *98% 38 7a 177B Feb Feb 99 *14% 127B Feb Dec 99 , ' 20% 10 12 LINCOLN'S 15 17% 38 36% 38% 38% 20% Dec Jun 30 30 14% 387a 14% X38 7b 17% Jan Jun *29% *29 *14% 15 39 20% 14% 87a 30 200 1 417a 27% 5074 25 15 11% Feb *49% *49% _25 Jun 4 4,600 5074 5074 7,300 common Aug 107b Jan 19 preferred series B 8% Feb 18% preferred series A 30% 774 100 18% 18% 26% 20 _ preferred Corp 102 No par _ ______ 472% 26 7i *10174 74 70 117b Feb 109% Feb 127a 267a 10174 18% *29 Shares 26% 101% 18% 15 15% 1 30 Sales for the Week $ per share 38% 3274 _ _ *29 ' 267a 102 r50 74 1 507b CLOSED '99 147a *101 Friday Feb. 17 Feb. 16 $ per share 472 % 4 10 Jan *98% 3274 common __ Corp EXCHANGE 14% 26% 27% 18% 39 Thursday Feb. 15 $ per share 102 *49 7a STOCK PRICES Wednesday 1 18% '3074 14% 39 5 common A Jan 224 *29 7a 15' _ _ Corp. Chemical Sun Oil 3 60 Inc 2674 *101 18% 1 SALE 14 . $ per share 277b 5 100 & Co Feb $ per share 50 HIGH Tuesday Feb. 18 102 50 _No par LOW AND Monday share 18% $4.50 series A preferred—..No par 14 22 9% Feb Sep Sun 9 25 Jan Sunbeam 3 30 S__ Inc preference Studebaker 9 Jan 25 Jan 55 Dec 607B Jan ,12% Feb xl22 prior 1 50 1 Stone & Webster 17 117 <J P) 27 *101 common Stokley-Van Camp Inc 16 9774 Feb 55 74 Feb L Stores preferred Stevens 5% 19 common Stewart-Warner Corp 10 3 Sep Oct Bros ,37a7f 9 Feb 20 8% Jan 4 96 66% , (The) Sterling Drug Inc 33% 15 74 Co Sterchi $ per 100 common preferred- 10 Jan 127a Saturday (765) RECORD Feb. 11 Spring 28 2474 6 Steel convertible Starrett 5 Ohio of Jan Jap Jan Oil CHRONICLE - STOCK preferred series A 39 % Feb i 94 100 STOCK Par 10 1Q2% Jun YORK $ per share Jun 40 YORK EXCHANGE 9672 May, 12 FINANCIAL STOCKS Year 1949 , Lowest, & 117a com_._No preferred par .No par . Symington Gould Corp 1 __ 11% 22% 1174 23% 827a 827a 5% 109 *108 117a 1174 *108 11% 109 1174 11% 23% 23 23% 22% 23% 22% 23% 827a. " 22% *82 6 109 82% 827a 32 82 72 82% 827a 270 6 74 6% 6% 6% 19,200 5% 6% 6% 6% 12 3,400 31,200 T 9%. Jun 1274 Dec 11% Jan 9 57» Jan 127a Feb Talcott Inc 1 (James) Telautograph Corp 2% Jun 23 67a Jan 3 13% Jun 18 Nov 17 Jan 3 18% Feb 4 Tennessee 48% Jun 65% Nov 59 74 Jan 25 62% Jan 9 Texas 1174 Jun 18% Nov 15 78 Jan Jan 9 Texas Gulf 56 Jun 70% Dec 69 Jan 3 737a Feb 17 Texas Gulf 2074 Feb 16 23% Jan 9 Texas Pacific Coal Texas Pacific 9 Land 6% Dec \ 16% Jun 26% Nov 33% Feb 58% Dec 53% Jan 36 Jun 48 Dec 44 13 8 Feb 17 3 59% Jan 9 48 74 Jan 6 Texas Jun 1174 Jan 10% Jan 3 12% Jan 31 15% Jan 147a Jan 3 16% Jan 31 4% Mar 8% Nov 774 Jan 3 9 7a Feb 17 Apr 3274 Aug 30 74 Jan 3 34 Feb 17 Dec 14 Oct 12% Jan 6 13'A Jan 17 The 6% Jan 11 Thermoid Feb 15 $2.50 12 4% Jun 1% Jan 5% Jan 3 Mar 35 6% 417a Oct 36% Jan 4 7a Jan 6 3% Jan ,177a Jan 7 Jun 20 Jan Nov 14% Jun 9 Mai- 34% Jun 847a Apr Co 61'A 617a 607a 2,400 6174 60 74 60% 60% 60% 6074 607/a 13,800 4 Jan 6 3 5 7a Feb 5 13 42% Feb 6 3% Jan 96 Dec 38 Jan Jan 22 Jan 3 24 7a Jan Dec 1057a Jan 5 106 74 Feb 1474 Feb 3 16% Jan 11 Jan 25 3672 Jan 5 30 15% 157a 71% 71% 72 74 72% 73 7a 3,700 20% 21 2074 21 207a 217a 4,200 567» 55 74 567a 45'A 44 44 *44 74 Range Since Jan. 1 Lowest Highest $ per share NEW Highest $ per share 55 74 5574 557a 55% 4474 44 % 44% 12 11% 11% 1174 11% 117a 11% 16% 16% 15% 16 157a 15 7a 87t 5 8% 874 8% 8% 8% 32 *31 327a 32% 32% 13'A 32 *13 *13 1374 13 13 67a 37% 15 No par 100 Co com__No par No par 47s 187» *7 4 187a 7'A 39 18 % 7 74 54V2 53 7a 96 96 96 96 4% 41% 4% 41% 397a 47a *95 4% 23% '105% 105% *105% 5 14% 14% 14% j 14% &■ No par 34% 34% 34% 35 ' 24 23% YORK LOW STOCK Saturday EXCHANGE Par $ per 100 6% 6 74 6% 3,600 39% *38 7a 39 7a 3% 4 53% *95 4% 24 210 3% 18% 1,500 53% *94% 2,000 967a 310 47a 4% 3,500 3974 , 39% 4% 40 1,100 " 23% 23% 24 105% 1057a 105 7a *105 7a 106 14% 14% 14% 14% 147a 15 3,900 34% HIGH 23% 105% 35 34% 34% 34% 34% 4,700 SALE 15,600 180 PRICES Tuesday Wednesday Feb.13 share 1,000 77a 537a 967a 4% 39% 39 *7 53% 10,200 700 3% 774 53 % 7a 1874 187a *7 41 23 7a 106 AND 1374 Monday Feb.11 $ per share 23% 9 34 672 967a 41 10 8% 3274 18 4% 40 1,200 *12% 7'A 53 74 Feb.14 Feb. 15 $ per share $ per share $ per share $ per share $ per share 500 15% 13 74 187B *7 54'A *54% 4 8% 7a 4,600 3274 32 40 *3% 1874 *7 874 *15 , * *12% 6% 6% 67a 39 4 4% 18'A 6 37% No par com Axle Bearing-. 2,100 44% 117a 6% com 3,600 55% 45 1672 STOCKS Year 1949 15% 11% *37% $3.75 preferred Roller 74 11% 1 Tide Water Associated Oil Timken-Detroit 55 74 X15 *167t No par preference Timken 15 7a 70% preferred—50 preferred Thompson-Starrett 7 Jan 15% 717a 217a No par 47c $3.50 15% 71 20% 16 56 tThird Avenue Transit Corp.No par Co (The) 1 18 15 74 71% 21'A *44 Thomas Steel 55% Jan 15% 500 71V2 1 common convertible Range for Previous $ per share 100 18 7a 127a 50c Thompson (J R) Thompson Products 1077a Lowest 5% 18 7a No par 6 94 7a Jan 34 5% 18% *5% 1874 100 preference conv 10 Dec 4374 Mar *5% 18% 127a 12% 21 Vi Fair 11 257a Nov $2.40 7 72 Jan 13 19 12% 5% 18% Thatcher Glass Mfg Co common 472 Jan 40 Jun 12% *5 7a 1874 10 preferred 19% Jan 95 102% May *12% 5% 187a No par common conv 5 Jan Oct 12% 5% 18'A Trust— Ry Co 3 52 4% Inc $1.25 12% 5% I8V4 ___10 Oil & 13 Dec 2-74 May 32 7a Jan 56% 237a May 19% Jun 13% 7 40 Tetion 12%. ^5Va certificates Pacific 13 74 July 257a Producing Co Sulphur share & 1512% 5 Co Sub 14 5 __25 Corp Thursday Friday Sales for Feb. 17 Feb. 16 the Week Shares 10 Jan 16% Dec 14% Jan 13 17% Feb 4 Transamerica Corp 2 1774 17% 17 10 Jan 17% 17 17% 1774 Dec 1672 Jan 1774 3 19% Jan 5 17% Transcont'l <Sz 1774 Western Air Inc 17% 177a 5 17% 1172 Jun 16 % 18 16% 18 Feb 17% 18 15% Jan 3 18 18% 18% 19 V4 No par *1674 17 67t Feb 9% Dec 16% 8% Jan 13 16% *16 7a 9% 16% 100 1 9% 98% Feb 10874 Oct 104 74 Jan 9% 3 97a 108% Feb 9 972 9% No par 1077a 1077a 22,000 9% Aug 157a Jan 10 Jan 3 127a Feb 17 197a Jan 25% Dec 217a Feb 16 257a Jan 6 327a Jan 37 74 Tri-Continental Corp common $6 preferred Truax-Traer Coal Co 5 12 20th Century Fox Film com__No par 23 35 Feb 15 102 Jan 6 Jan 5 8 74 Jan 5 10 7a Jan 24 29 74 Jan 18 34 72 Jan 27 57c 4% Jan 3 9 Twin Jan 1074 Nov Jun 347a Nov Jun 6% Jan 4 74 Transue & Williams Steel H Dec Sop 4% 24 11 Dec 98% 103 Jan 9% Jan 3672 Jan 103 6 5 Jan $1.50 conv preferred No par $4.50 prior preferred No par Twin City Rap Transit com__No par conv prior Coach Co preferred. 50 1 35% *102 17 *16 STOCK CLOSED - 35% 9% 974 1077a *107 7a 7a 107% 12 Va 12 127a 12 12 7a 5,800 21% 22 217a 22% 21% 22% 36,800 35 74 BIRTHDAY *102 74 103 *102 74 8% 9 *9% 8% *31 % 32 7a 317a 357a 35 *32 31% 4% 4% 5 107 14,700 12 LINCOLN'S 103 108 ' 1274 21% ■ 9% 37,700 22% 12 8% 5 *16 1077a EXCHANGE 127a 2374 17 9% 4% 35 103 *35 36 *102V4 974 97a 32 7a 31% 4% 5 107% 108 120 *35 36 *102V4 103 103 ' ,600 ' 974 97a 32 32 7a 32 % 220 5 4% 4% 1,700 2,400 974 1,200 U Jun 10% Dec 1074 Feb 39 Nov 46 Jan 10% Feb 12% Apr 12 8% .7 11% Jan 42 74 Feb 6 Jan 3 13 19% Jun 317a Jan 26% Jan 33% Jun 457a Dec 42 107 Jan 94 Jan 86 7a Jan 112 Aug 96 Nov ' 94 Aug Jun 32% 1117a Feb 4472 Jan 11 Underwood 13 74 Jan 10 Union 29% Jan 6 13 45% Jan 2 1127a Jan Jan 30 9074 Jan 96 Udylitc 96 Corp Union & Carbide 11 Un El Co of Mo Jan 30 Preferred & series 927a Feb 15 Preferred $3.50 10 Preferred $4 Sep 25% Feb 14 27% Jan 5 Union 82% Jan 25 88 72 Jan 9 Unicn Pacific RR Co 89% Jan 51% Feb 50 9 52 Feb 17 36% Jan 3174 Jan 3 34 Feb 10 Union Tank Car 27 Dec 257b Jan 13 27% Jan 10 United Dec Jan 1047; Jun 10974 Oct 1067a Jan 3 Jan 18 10 V4 Jun 14% Oct 13% Jan 25 15% Jan 5 61% Jan 85% Oct 807a Feb 7 8672 Jan 47c 7 110 57o Aircraft 42% 12% 12% 12% 1,300 28 287b 27% 28 27% 27%* 27% 28 28 2,600 18,600 43% 44 *11172 112 *96 *917a 50 84% 4% 29% 38% Jan 34 Jan 25 37 Jan 11 United No par Corp No par Cig-Whelan' Stores com__30c *42 *48 America of No par preferred *8 29% Jan Jan 17 49 Feb 17 274 Jun 3% Oct 3 7b Feb 14 4 Jan 12 United Jun 47 7a Sep 447a Jan 3 49 Feb 9 4 Jan 11 $3.50 convertible preferred 100 United Corp (The) without div—1 10% Feb 17 United 3% Jan 3 3% Jun 974 Dec 8 7b Jan 13 45 Jun 70 Dec 64% Jan 16 78 Feb 16 77c Dyewood Corp common preferred Aug 22% Jan 16 7a Jan 4 187a Feb 11 United Electric Coal Jun 42% Dec 4074 Jan 13 43% Jan 12 United x447t Jun 55% Dec 53 7a Jan 13 United 6074 Feb 4 19% Dec 177b Feb 17 1974 Jan 11 Feb 26% Dec 26 74 Jan 27 27% Feb 6 Sep 12% Jan 3 14 7a Jan 9 United Gas Corp ___'. United Gas Improvement Co United Merch & Mfrs Inc Dec 20 Feb 7 24 3 United 19% Feb 7 23% Jan 12 9% Mar 19% 13% Jun 19 Jun 26 257a Dec Jan Feb 30% Dec Mar 102'A Nov 101% Jan 3 105 Jan 24 Jun 17% Jan 1574 Jan 26 17 Jan 4 U X89 7» Jun 1167a Dec 110 Jan 23 9 U 175 Jan 187 Oct 1827a Jan 4 18% 6% 43 Jun May 17% Apr 0 27% Jan 25 3072 Jan 1207a Jan 188 U 9 Feb 10 74 Sep 8 7a Jan 3 107b Jan 46 % Jan 4 54 7a Jan 10 2674 Oct 22% Feb 16 10 U 9 U £eb 3 U 3% Jun 9% Dec 8% Jan 15% Jun 30% Dec 28 7a Jan 9 327i Feb 1 Jan 167a Oct 157a Jan 3 18 Feb 4 77, Jan 8% Apr 874 Jan 18 8% Jan 9 15 497b Jan 10 5 71% Feb 3 38 Jun 497a Jan 4374 Feb 52% Jan 72 Dec 70 For footnotes see page 18 Jan 10 & interest Gypsum Co preferred S S Leather Partic U S 472 7c , U S U S & Lines Co & 51% 51% 52 32% 26% 33 3274 32 74 900 26% 267B 26% 7,100 *107% 109 1087a 3174 357a 35% 437a 374 307a 31 ' 30% 14% 83 31 30 8 3% *47 35 437a 3% 487a 109 100 15% 21,900 85 7B 307a 1087a 87a *108 3574 35 35 7a 45 45 100 49 35 43 14% *83 1,700 - 7a *108 8% *42 7a 3 74 487a *108 15 83 1087a 35 437a 3% 48 143A 83 8% 3574 *417a 109 1087a 87a 35 374 *80% 110 87a 49 14% 14% 83 *108 8% *108'A 267B 7a - ?0% 8% 30% 2,100 1087a 8% 10 1 1,200 2,400 700 3% 3% 3% 487B 3% *47 487B 48% 120 12,300 3% 3% 3% 3% 3% 37/B 3% 3% 3% 3% 49,000 9% 9% 9% 9% 97B 10 7B 107B 1074 lO'A 10% 5,300 *72 72% 72 74 72% 74 75% 73 78 77% 78 300 18 7a 17% 187a 177a 177a 17% 17% 17 1874 3,200 41 4174 41% 4174 417a 42 42 42 7a 1,600 587a 58% 57'A 58% 567a 56 7B 56% 56 56% 11,000 10 17% 18 177a 17% 173/8 17% 1774 177a 177B 17% 26,000 13% 277a 27% 27% 28% 2874 28 7a 28 7a 28% 28 7B 28% " 57 7s * 10,500 1 12% 13 12% 13 13 13 7B 12% 13 7s 12% 13 8,800 1 2174 217a 207a 21 % 20% 21% 20% 217a 20% 21 16,300 21 2174 2074 217a 207a 217B 20% 21V* 20% 20% 12,800 28 28% 4,800 20 com _5 28% *104. *15 7a 11574 *187 *9'A *49 No par 23 29 2874 29 *104 104% 28 28% *104 104% 104% 28% 28% *104 104-% 1047a 104% *15 7B 15% 1572 151/2 100 11572 1167a 1197a 2,900 187'A 188 40 * *15 7a 16 11574 115% 97a 23 - . *15 189 974 9 74 *49 115 115 115 189 *187 189 23 9 7B *8% 9 78 *48'A 50% *46 74 50% 22% 50% 23 16 '*187 1177a *187 189 50% 16 22 % 22% 22% 9 *8% *48 22% 250 9 50% 500 . 22% 900 common No par *9 7a 9% 9% 9 7B 9% 6,100 class No par 3134 31% 31% 32 3078 31% 31 31% 30% 317B 2,700 1 17% 17% 17% 17% 17% 17% 1"% 17% 177a 17% 10 *874 8% *874 *874 87a *8% 87a 44% 447a 44 4374 44 4374 8% 43% *874 20 8% 44% 43 7a 43% 707a *70 71 70 70 70 70 A common preferred— Pipe 51% 32 74 7a 100 Chemicals conv Co 51% 267a 4174 100 preferred Industrial 51% x32 8 80 1874 No par common Hoffman Machinery S 3,900 *40% No par No par Freight Co S 86% 1 Theatres Foreign Securities S 4'A% 25% Jan 11% S •Hc/o 11 Jan Paramount of 85 . 5 No par $4.50 1st preferred 17 57 Co Certificates 12% 94 Fruit 84% * 5 Cos__s Engineering & Foundry July 18% 1 100 14% 34% 16 84 7a 110 *108 10 Corp 40'A Dec *30% No par Carton Carbon Co United-Carr Fastener 3% 85% 14% Jun Dec 84 *80% United 37a 84% 14% 15 " 83 827a 28 40 85 14% 9 72 Jan Dec 8,700 *80 7a 32 72 Jan 40 2674 100 1087a Feb & 103% 267B 1087a 3 150 103% 109 3 1037a 267B *108 7a 26 92% 103% 10 Jan *91% 26 100 8 92% 26% 26 7 30 7b Jan j. 7a 92 103% 33 106% Jan 92 7a 26% 51% Oct 160 100 *103 74 26 74 Dec 43 112 *97 267B 33 Dec 42% 111% 99 103% 51% 9% 42% 1117a *97 25% 27 common 42% 111% 99 1,200 267a 51% preferred 43% 112 28 103% 34 31% Biscuit 92 26% 1067a Board 92 51% preferred $4.50 *91 107a *10378 *33 74 Jun United *97 5 Feb 5 1117b 99 No par Inc 42% 112 *97 preferred__50 common Jun 19% 103 43% *1117a 92 26 10% .43 42% ■ 99 25 Co Lines Air par *103 common Corp convertible 4%% 10% 42% 127a No par non-cumulative United 10% 42% 12% of California Apr July 10% 42% 127a No par No par series Jun 20 7o 10% 43 12% No par series 7374 30% 107a 42% 12% No par Carbon 103% Feb Oil 10% 43 12% pfd $4.50 ser__No $3.70 24 103 10% 42 3A 12% Co Paper Corp 48 • Rubber 30 - 10% 42% 5 Corp Asbestos Union Bag & 9 __1 No par iThe)___ Jan — 25 7a Jan 20 Foundry Playing Card Co Co 10 *70 9 % 9% . - 9 97a 9% *69% 71 5,600 4,600 200 17 18 COMMERCIAL THE (766) STOCKS Range for Previous Year 1949 Lowest $ per Highest $ per share 19 s/8 May 112j/4 Jun 33% Oct 29% Jan 3 44% Feb Jan 126% Jan 18 132% Feb 15 Apr 37% Jan 13 40% Jan 20 Oct 20 Va Jun 26% 129% Jun Jan 18'% Jan 22 38% Jan 44 Va 72 Mar 30% Feb 6 4 142% Feb 11 Jan 4 21% Feb 3 41% Jan 5 43 Jan 11 Nov 21 5% Jan 26 5% Jan 10% Feb 9 11% Jan 7% 10 Feb 6'A 8 '% Jun 11% Nov Apr 92 Dec Jun 4 Jan Jan •4% Jan Oct Jan 15 Jan 3 4% Feb 11 27% 12% Jun 17 Va 3% Feb 9>% Sep 19% Jan 25 Va Sep 23 Jan 25 x25 Jun 161 169% Feb 10% 38 CLOSED preferred convertible No par *97% 3% 2 21% *15% 15"% 1 4% 4% 4% 9 Universal Leaf Tobacco com__No par *23% Jan Universal-Cyclops Steel Corp 8% 17 Jan 16 Feb 12% Dec 10% Feb 14 11% Feb 2 64 Dec 58% Feb 11 61% Jan 27 Apr 20'A Feb Laboratories Inc 100 preferred 4%% *165 98% 94,000 1,400 29% 141% 142 21% 21% 21% 21% 42% 42% *42 J/4 43% 170 *5% 5% *5% 5% 1,100 10% 10% 10% 10% 3,100 97 % • 97% *96 1,800 98'A 200 3% 5,200 3% 3% *25'/4 27 *25'A 27 15% *15% 15% *15% 15% *15'A 15% 100 -|4% 4% 4% 4% 4% 4% 5 J/4 5,500 23% ■ 23% 23% *23 % 168 "165 168 200 30% 29% 142 26% 1 ►165 168 10% 10% 10% 10% 10% 10% 58% 58% 58% 58% 58% 58% 20% 20% 20% 21 21 21 3% 3% 24 100 400 24 23% 169% 20 10'A 10% 10% 5,800 58% *57% 58% 50 169% 168 168 1 preferred 2,000 3% 100 Universal Pictures Co Inc com 610 38'A 68'% *25% 3% 23% 24 131% 38 *67 25 15% Universal 131 11,700 67% 29% 10% *97% 43% 38'A 142 21% 97% 25 9 29% 43 Va \ 5% 3% 3% 26 4,500 95 43 67% 141% 10% Shares 38% ■■r 10% the Week 27 Va *92'/a 130 J/4 xl30 68 5% 97% 100 38% 21% 10% *25 —50 132% *42% 5% 1 convertible preferred 4% 43% 29% 43 5% 27 Va 95 141% 21% Feb. 17 $ per share 27% *92% X42 Va 37% 30% 43 BIRTHDAY 27% 95 *67 142 341% 27 44% for Sales Friday Feb.16 131% 67% 29% LINCOLN'S Thursday $ per share 42% 38% 67% EXCHANGE 10% United Wall Paper Inc common *92% 131% 131 STOCK 26% 95 43% 42% 11 Jan 170 *5% Stockyards Corp 27 26% *92% Jan 7 Mar $ per share 5% Jan 16 43% 156 f per share $ per share 21% 42 % 1 $6 9 Feb *21% United Stores $4.20 non-c 2d pfd—5 11 27% Jan 100 3 3% Feb 25 Feb. 15 42% 5% non-cumulative 7% 26 7 14 Jan 95 Feb No par U S Tobacco Co common United PRICES Wednesday 44 preferred__25 preferred SALE Feb. 14 26% 95 No par 100 U S Steel Corp common 5 4% 2% 13 Jan 100 50 50 non-cum U S Smelting 21 2 25% Jan Sep Nov 80 67% Jan 66% Feb 139 43% HIGH AND Tuesday Feb. 13 131% 131% 38% 38'% *66% 67% 29 % 30% 142% 142% 1st preferred Ref & Min com preferred 8% 26% *92Va 10 preferred series A U S Rubber Co common 7% LOW Monday, February 20, 1950 Monday $ per share 1 100 Plywood Corp common 3%% Dec 140% 21 U S 10 CHRONICLE ■ ■ Feb. 11 Par 3 37% Jan 62 +1 • Saturday r $ per share 24% Jan 25 Jan 46% '* EXCHANGE Nov 133 31% Aug Dec 93 Va 43 Apr i per share share 30 1 82 > STOCK YORK NEW Range Since Jan. 1 Lowest Highest FINANCIAL & 10% *58 V Jun 25 J/2 14 23'A Jan 11 Vanadium Corp 7% Nov 11% May 9 Jan 3 10% Jan 12 Van Norman 20 y8 Jun 27 Nov 26 Jan 3 28'% Feb 6 Van Raalte Co 10 Feb 13% Jan 12% Jan 3 14% Jan 9 Vertientes-Camaguey Sugar Co__6% > 20 Jan 25 Oct 20% Jan 26 22'% Feb 15 Vick Chemical Co 2.50 < 85% Mar 97 Dec 98 10 98'% Jan 17 Vieks Shreve & Pacific Ry com—100 s 17 85% 91 Jun 82% ll'A 98% Feb 49% Feb 10 45 Jan 27 99 Jan 10 Jan 23 11 Va-Carolina Chemical com Jan 27 96% Jan 11 18% Jan 18 15% Jan 20 Dec Jun 118 Feb 115 Jan 14% Jan 23 % July 20 Jail 17 26 Dec 32 Va Jan 27'A Jan 26 28 Nov 33 % Apr 29 25% Jun 19% Jan 18 117 3%% 6% 3 Jan 10 22% Feb 7 Jan 12 30 preferred 13% 13% 13% :> ■■ *99 7% 19% *115% *21% -■ Feb 8 Visking Corp (The) 25 25 5 Api 28 Jan 11 29'% Jan 17 Vulcan 20 *29% -.*29% " 37 *28% Apr 31'A Jan 11 32 Jan 30 7% 20 *32% Jan 55% Feb 11 57% Jan 30 Wabash RR 4%% 13% Feb 30% Jan 7 14% Jan 10 Waldorf 17 32% Feb 3 Jan 33% Oct 32 60% 13 31% Jan 30% 30 Mar 45 Jun 12 Jun 14% Sep 25% Jun 31% Nov 30% Feb 37 3 17 Detinning Co common preferred • • 99% *97 *97 7% *81% 83 22% X21% 99% ■*97 Va 101 ; 47 19% 13% 13% 6,300 22% 2,700 22 ;< *97'A 101 99% 101 *97 47 47 y8 46% 46% 100 - 100% *99'% 100% 20 7'A 7% 7% 3,800 82'A *81% 7% 81% 1,700 1,100 22% 99% *97 100 7 9% 26% 13% 47 100 7% 13'% 7'% 82% 82% 19% 19% 19'% 19% 115% 115% 115% 115'% 115% *21% 22% *21% 30'A 29% 29%-. ■(29% 29% 29% 29% 29% 29% 36% 37 36% - 22 22 - 29% 29% / 40 180 22 29% 29% . 29,400 116 *21 22 300 19% *115% 22% 19% 2,000 83 19% 115% 19% 116 1,700 9% *25% 9% 26 13% 21 21 21 9% 26 *99 48% *99 7% 22% *97'A ■ 101 48% 49 100 82% *81 25 *97 101 21 10 26% i3 % 22 ye 21% 21% 99% *97 -*48% > div partic Virginian Ry Co common 6% preferred *26 *97 No par pfd 10 26% .*21% 100 Va Iron Coal & Coke 4% 10% 26 13% - preferred 100 Virginia Elec & Power Co com—10 $5 preferred 100 79 113% 23% Mar Victor Chemical Works common___5 Jan 8% Jan 101 10 27% *10% > 10 non-cumulative preferred—100 10%' 27% 2.50 Inc 6% Jan 27 Jan 118 Jun 10 Dec 100 Jun * 5 Jan 98 5% 6 Dec 47 Jan 33% Dec 98 Jan Jan of America—No par, Co 29% 1,000 29% 29% 30% 1,800 37 37 37 37 37 1,700 *28'% 29'A *28'% 29% 28'% 28% 29% 29% 34 *32'A 34 *32'A 34 *32'A 34 55% *55% 56% *55% .30 37 29 4 , 30 34 *32'A W 101 Oct 33 103 Jan 11 105% Feb 17 Dec 105% May 21% Jun 31 Jan 13 34% Feb 14 7% Jan 4 9% Jan 10 Walworth S% Jan Xl2 Jun 17% Dec 16 Jan 3 x87% Jun 101 Va Dec 97 Jan 16 9% Jan 16% Dec 13% Feb 18% Jun 30% Dec 29% Jan 6% Jun 19% Feb 1 Jan 21 14 16% Jan 24 3 38% Feb 6 Warren Warren 102 14 Jun 22% Jan 15% Feb 14 18% Jan 55% 57% *55% 57% 57% *14'% 14% 14% 14% 14% 14% 14% 14% *14% 14% 500 *31 31% 31'A 31% *31% 31% 31% 31% 31% 31% 400 *104% 105 Va 104% 105'A 33% 33% 33% 7,200 8% 8'/e 8% 5,000 Jun 25% Dec 24% Jan 28 25% Feb No par 100 No par No par Co 8% 104% 105J/2 105% 3 33% 34 *104% x33 4'A 8% 8 8% 105% 33 33% 8% 8 % 8% 18% 18% 18% 18% 19 '/e 100% 100% 100 Va 100% *100% 100% 340 Mi/a 14% 13 "4 14% 13% 14% 13% 14'/8 13% 14% 43,200 No par 35% 36% 34% 35'A 35 36% 36 36 36 37% 3,300 18% 101 3 16 25 18% 100 18% 18% 19 100 100 15% 15% 15% 15% 16 16'% 9.600 25% 25% 25% 25% 25% 25% '500 13% 13% *13% 14 13% 13% 13% 13% *20% 25% 21'A *20% 21 16 *25 11% Jun 14% Sep 13% Feb 14 15% Jan 9 16% Feb 24% Dec 21 Feb 10 24 Jan 11 11% Apr 17% Nov 14 Feb 14 16% Jan 7 3% Jan 6% Oct Webster 5 5% 5% 5% 5% 5% 5% 5% 5% 27% Jan 13 6% Jan 27% Jan 12 Jun 5% Jan 24% Jan 3 Xl9% 12 Wesson Oil & Snowdrift com_'__2.50 25% 25% 25% 25% 25% 25% 25% 25% July 84% Dec 84 Jan 5 85% Feb 8 No par 84% 84 Va 84% 85 84 84 84% 85 Jun 23 Va Jan 20% Jan 3 23% Jan 18 1 *22% 22% 22 "2 22% 21% 22 20% 21% \ 78 16% Oct . Wayne Pump Co *13% 14 *20% 21% 14% 1 Inc Tobacco $4 convertible preferred West Indies Sugar Corp 19% Jan 13 22% Feb 16 West Kentucky Coal Co Dec 23% Jan 13 26% Feb 10 West Penn Electric Co com__No par 107 Apr 115 Nov 111% Jan 18 113% Feb 7 West Penn Power 104% Sep 108% Jan 109% Feb 7 109% Feb 7 108 Dec 107% Jan 13 Jan 7 16% 14% 22% 5 __5 Co Wayne Knitting Mills Sep 25% Jan 101% May 12% 17% Jan 50% Dec Dec 35% Jun 104 103 % May Jan 108% 15% Feb Jan 25 51 Jan 108 Jan 4 110 Feb 14 4 West Va 4%% 5 * Range Since Jan. 1 Lowest Highest Feb $ per share 8% Highest ■■$ per share Dec 7% Jan 13 9% Jan Dec 16 44% Feb 3 Deo 16 Jan 3 18% Jan 26 21 Sep 33 % Dec 31 Jan 3 35 % Jan 26 20 Jun 30 Jan 28 Jan 3 33% Feb 9 Jun 70 % Nov 66% Jan 3 Jan 18 24 Dec 19% Jan 13 23% Jan 4 34% Jan 25% Jan 3 27% Feb 21% Jun x39% Feb 73 Air Lines Inc Western Western Auto Supply Co 4% non-cum Western Pacific RR t per share 31% 31% 31 3 2'A 32 32 32'A 32% 900 *32 32% 33 *31% 33'A STOCK *32% 33% EXCHANGE CLOSED 12% 32;% 32% 100 *104% Jun Jan 22% Feb 16 26% Jan 6 Weston Electric Instrument 12.50 *22% 5 Wheeling & Lake Erie Ry 100 Wheeling Steel Corp com —No par $5 conv prior preference No par Jan 12 23% Mar 17 12 % Jun 16% Dec 15% Jan 25 16% Jan 5 18% Jan 32% 36% Jan 28% Feb 31 Jan 4 Dec 33% Jan 12 34 Jan 9 White Sewing Machine Prior preference Dec 12% Feb 15 14% Feb 3 Jun 7% Jan 5% Jan 3 6% Jan 11 Jun 57% Dec 51% Jan 26 55% Jan 5 31 Willys-Overland Motors $4.50 conv common common pfd series A Wilson & Co Inc Jun 12% Dec 13% Jan Jun 79% Nov 12% Jan 77% Jan 4 70 5 81 Feb 9 10 Jun 13% Jan 10% Jan 6 11% Jan 11 Wisconsin Elec Power Co Dec 19"% Jan 3 22% Jan Jan 140 Nov 139% Jan 31 141 Jan 11 22 Jun 35 Nov 32% Jan 10 34 Jan 44 Sep 49% July Jan 3 51 Feb 14% 21% Jan 48 6% 4 Woodward Woolworth 200 21% 20% 20% 20% 21'A 20% 21% 9,000 27 27 27% 27'/a 27% 27 Va 27 Va 9,500 37,500 31% 32% *104% 105'/a 22% 23 *109 Iron 31% 105 *22% 23 114 *109 31% 114 32% 32% 105% *104% 105% 100 22% 23% 32% *1041% 31% 105 22% 23'A 24% 1,000 *109 112 *110 114 44% 45%-' 44 35% 85% 2,700 43% 45 44'A 85 86 85 Va 86 *30% 31% 30% 31 30% 31 31 31 31% 33 1,700 *15% 16 15% 15% 15% 15% 15'A 15% 15'A 15% 2,000 35 35% 34% 35'A 34% 35 *33% 34% *33% 34 13 Va 13'/a 12% 5% l *33% 12% 12% 34 5% 5% 5% 53% 5% 54 34 12% - • 34% 180 85% 35% - - 5,200 34 *33% 12% 12% 1,400 6'A 5% 6'/a 25,700 54'A 51% 53% 1,300 13'A 7,200 ' 12% 13 13 *80% *10% *80 82 10% 10% 22 22% 22 *138% 143 12% 13 *80 82 10% 10%' 22% 22'/a 143 *138% 13 12% 13'A 13 ■ 82 *80 82 *80 82 10% *10% 10% *10% 10% 400 22% 4.000 22% 22 Vb 143 *138% *331/4 33% 33'A 33'A 33% 49% 49% 48% 49% 49% *138'/a 33% 10 Co 12% 54% 10 Cc *33"% 6'A 52% 100 (F W) 44 *85'/a 12% 52% 55/a 52 52 10 com 35 35 1 44% ' 86 No par lo preferred 3 v.: 63% 45% 45% No par common $4.25 preferred 20 128 *67 Va *85? No par Wilson-Jones Co 8% 68% 20 Wilcox Oil Co 4% 67'A 5 Dec X42% 68% 20 (The S S) 34 9 700 32'A *68 1 White Dental Mfg White Motor Co 14 % 7% May 33 32'A *68% 26% 114 *109 ' 33'/a 20% ■■■• 105% 21% , 68% 32% - BIRTHDAY No par Westinghouse Electric com 3.80% preferred series B Feb 2,500 11,300 16,200 Westinghouse Air Brake 86 9'A 18% 5 49% Jan Shares 8% 8% 8Va 17'A 8 33 8% 40% Jan 3 Sales for the Week $ per share share 17% 105% Feb 14 Feb. Hi 40% 6 13 8 8% Friday Feb. 17 Thursday $ per share 17'/a 13 Jan $ per X39% LINCOLN'S 30% Jan > 17% 27% 81 PRICES 160 : 41 26% 43% Feb HIGH SALE 1 16% 4 Jan AND Feb. 15 21% Dec 109% Wednesday 21% Jan 109% Feb. 14 *67% 89 % llO'/a Tuesday 100 32% *109% 110% 40% 30% Jan 48% 1,100 41% 103% Jan Jun 2,700 48% Feb. 13 Western Union Teleg class A_No par July 15% 48% 17'A Dec 71 14% 48% 16% Aug 29% 14% 48% Monday 68% Dec 14'A 40% 33 115 10 14% 49 14'% —- 41'% 104 Mar 108% 17% Feb 102 *108'/a 40 y2 98% 26% 108 Va *109% 20% May 33 *108'% 110 No par com 108% 109% 100 Preferred series A 100 *108% 41% 100 2nd preferred 15,100 112% 17 10 Western Maryland Ry com 26% 26 112% 108% 110% 8 % 21% 26% 112% 109% *48'A 8% 3,800 18,900 *109 14% 8% 21% 22% 109% 49 1 ^ 200 21 ' *109 14% $ per share 2,600 2,100 85 109% 48% t per share 5% 25% *109 14% LOW 5% 109% 49% Feh. 11 1,700 25% *84% 22% 21% 112% 700 15% 15 14% 26 26% 112% *109% Par 5 16% May 108% 22% 25% 14% . Saturday t per share 41% 13 T09 14% 21 *20 21 *20 14% 112% 26% 113 49% 5 EXCHANGE Feb 53% 108% STOCK NEW YORK 32% May 8% 109% *108% 113 STOCKS Year 1949 $ per share 26 26% 21'A 21 % 20% 20% 113 *109 Pulp & Paper com—No par preferred 100 Range for Previous Lowest 26% 14 "4 14 14 14'A *112% 100 100 100 preferred series B 4.10% preferred series C West Virginia Coal & Coke 3 13% Jan pfd 4.20% 17 46 24% 4 4 Va % 6,800 25% 15 'A 16% No par Corp Washington Gas Light Co Waukesha Motor 50 5 Foundry & Pipe Petroleum 33% 1 Warner Bros Pictures 15 *104% 100 Baking Co common preferred 5 %% 9 23 % Ward 300 57% 100 —No par preferred System Walgreen Co common 4% preferred Walker (Hiram) G & W 50 22% 143 22'/4 *138% 143 *331/2 33% 33% 34 1,000 49% 49% 49% 50 8,30C 19% 6,400 72'% 15C Worthington Pump & Machinery Dec 17 13 19% Jan 20 Feb 72 Oct 69% Jan 9 72% Jan 24 Prior preferred 65 Jun 76 Nov 74 Jan 4 79 Va Jan 19 Prior 68 Feb 89 Dec 85 Jan 7 89 Jan 9 66 Feb 82 Dec 80 Jan 25 82 Jan 6 Oct 10%-Feb 16 13% Jan 28 11% X59% 8% 18% Jun 12% Feb Jan Common series 100 18% 18% 18'% 18% 18% 71»A *71 72 *71% 72% 71% 72 *76% No par 4%% pfd 4%% conv series 100 Wright Aeronautical No par Wrigley (Wm) Jr (Del) No par Wyandotte Worsted Co 5 78 *77 78 78'% 79 78% 78% 78% 79 *84 86 85 87 85'% 85% *85 86 85'% 85 % 81 81 81 *81% 82 X81% 82 81% 82 2,30C 12% ll% 12 11% 11% 10% 11% 11% 11% 4,000 29% 29% 30 29% 29% 29% 29% 29% 29% 5.000 10% 10% 10% 10% 11 10% 11 10% 11 4,600 18% 71,% „ .-J I .< 81. *12 18% 18% 18% *71'% 190 9C A 8 Jun 30% Dec 27 Jan 13 Jun 19% 12% Jan 10% Feb 10 40 Jan 31 Feb 9 9 9 Y8le 23 30 Feb 12% Feb 14 & Towne Mfg Co 25 York Corp common 3 30% May 39% Jan Jan 6 16% Jun 28% Nov 26'% Jan 4 53% Jun 77% Dec 72% Jan 13, 80% Feb 10% Jun 14% Jan 11% Jan 3 15'A Feb 20% July 33% Dec 31% Jan 13 52% Feb 14 Zenith Feb 4% Oct 4% Jan 6 5% Jan 23 1 Zoftite Products Corp 3% •Bid dividend. and y asked prices; 37 no Ex-rights. • sales on this day. „ 4'%% convertible preferred 50 Young (L A) Spring & Wire_No par Youngstown Sheet & Tube No par Youngstown Steel Door No par Radio Corp tin receivership, or petition No par *29% 1 10% 38% 38% 38% *37% 38% 38 30% 30 Va 30% 30% 30% 3C% 30% 30% 78% 78% 78 79'A 78% 79% 77% 78 Va 78 79 14% ( *38% 30% 14% 14% 14% 14% 15% 14% 14% 14% 14% 3,300 47% 49% 48% 52% 49% 51% 48 % 49% 48 '/a 57,600 5% 5'/a 5% 5% 5 J/a 5% 5% 5% 5% 9,000 __1 has been filed 200 *38'A 38 *30'A ■ 39 for company's reorganization, a Deferred delivery, r Cash sale, s Special sales, 46 5% . 500 13,000 wd When distributed, x Ex- Volume 171 Number 4883 THE COMMERCIAL Bond Record italic letters In the headed column CHRONICLE FINANCIAL (767.) New York Stock «» FRIDAY The & WEEKLY each case Exchange YEARLY Period" "Interest Indicate in Figures after decimal point represent one or bonds mature. month when the the 32d of more point. a LOW Range for Previous GOVERNMENT Year 1949 Lowest Range Since Jan. 1 Highest Lowest 103.28 Dec 103.28 Jan 108.13 Highest BONDS Jan Treasury *103.13 HIGH SALE Tuesday Feb. 14 Thursday Feb. 15 Low High PRICES Wednesday Feb. 13 Feb. II' Low AND Monday Saturday YORK STOCK EXCHANGE Dec 108.13 NEW Low High Friday Feb. 16 Low High 103.14 103.12 103.15 *103.13 103.15 Low High ♦103.11 102.31 103.13 102.31 *103.11 103.13 3s 2%s 2%s 1955-1960 *108.28 108.31 *108.27 108.30 108.27 108.30 *108.27 108.30 *108.27 108.29 .1951-1954 *102.14 102.16 *102.14 102.16 102.14 102.16 *102.14 102.16 *102.14 102.16 2%s 1956-1959 *110.11 110.14 *110.11 110.14 110.10 110.13 •110.10 110.13 *110.10 110.12 Treasury Treasury Treasury 2%s 2%a 1958-1963 *111.22 111.25 *111.22 111.25 111.21 111.24 *111.21 *111.21 111.23 1960-1965 *113.22 113.25 *113.22 113.25 113.22 113.25 *113.23 113.26 *113.23 113.25 2% a. 1950-1952 *101.1 101.3 *101.1 101.3 101.1 101.3 *101.1 101.3 •101.1 101.3 Treasury Treasury Treasury Treasury Treasury Treasury Treasury 2% 1952-1954 *102.13 102.15 STOCK *102.12 102.14 102.12 102.14 *102.12 102.14 *102.12 102.14 *105.18 105.20 EXCHANGE *105.18 105.20 105.15 105.17 ♦105.15 105.17 CLOSED ♦104.-25 104.27 104.25 104.27 ♦104.25 104.27 *104.24 104.26 *104.9 104.11 104.9 104.11 *104.8 104.10 ♦104.7 104.9 Treasury Treasury Treasury Treasury Treasury Treasury 2%s__ 2 "6 s Treasury •'Treasury Treasury Treasury ^Treasury Treasury 2V4S— 2y<s_. 2 Vis 2%a Jan 104.9 Feb 104.9 Feb 102.1 Mar 104.15 Oct 103.8 July 103.8 T- rr>- - ; July .. 101.12 Feb 101.13 Jun 101.7 Feb 103.2 Aug 100.18 Jan .103.19 Dec —; 100.28 Jun 102.30 Feb 100.13 Jan 100.17 103 Feb: 101.8 Aug 105.4 . Aug 102.30 Jan Sep 102.18 Feb 1 101.3 - Jun 102.15 Jan 3l 101.8 1 103.9 9 Jan Jan 101.18 102.18 Feb Feb Feb — ■ •• 98.24 Jan 101.3 Dec 101 Jan 18 101 Jan Jan 103.16 Dec 103.7 Feb 16 103.18 Jan r asked and Registered bond price. No sales transacted this —1963-1968 2%s 2%s JCalled New York Stock Exchange Period Last 103.31. 103.28 103.30 *102.28 103.30 ♦103.26 103.28 BIRTHDAY ♦103.24 103.26' 103.23 103.25 *102.23 103.25 *103.21 103.23 *103.19 103.21 103.19 103.21 *103.18 103.20 *105.1.7 103.19 103.20 103.17 *103.23 103.25 103.22 *103.18 103.20 ♦103 103.2 1966-1971 Jun 1967-1972 Sep 1967-1972 —_Dec 1967-1972 - _ A *105.4 * *103 j 103.17 103.19 *103.16 103.18 ♦103.15 103.2 103 103.2 *102.31 103.1 •102.30 105.6 *105.5- 105.7 105.2 105.4 ♦105.2 105.4 ♦105.1 *103— 103.2 103 103.2 *102.31 103.1 ♦102.30 103 *102.14 1 02.16 102.14 102.16 ♦102.14 102.16 •102.14 102.16 ♦102.2 102.4 102.2 102.4 ♦102.3 102.5 *102.3 102.5 *105.2 105.5 105.2 105.5 *105.2 105.5 *105.3 105.5 *104.18 104.20 £*102.17 "102.19 1951-1953 *102.14 2%$-. 1952-1955 *102.3 102.5 1954-1956 *105.3 105.6 *103.18 r*103 V 102.16 - . ' 104.14 104.16 ♦104.14 104.16 *104.14 1 04.16 102.17 102.19 ♦102.16 102.18 *102.15 102.18 102.16 102.14 102.16 •102.14 102.16 •102.13 102.15 100.10 *100.9 100.11 100.7 100.9 •100.7 100.9 *100.7 100.9 100.21 *100.20 100.22 100.19 100.21 ♦100.19 100.21 *100.19 100.21 *101.7 101.9 ♦101.6 101.8 101.5 101.7 ♦101.6 101.8 *101.6 101.8 104.20 1959-1962 *•.*102.17 102.19 .—Dec 1959-1962 *102.14 Sep 1950-1952 2s - Mar 1950-1952 2s 1951-1953 2s ■A *100.8 102.16, • •101.12 101.14 *101.12 101.14 101.12 101.14 Jun 1952-1954 *101.18 101.20 *101.17 101.19 101.16 101.18 ♦101.17 101.19 *101.17 101.19 2s Dec 1952-1954 *101.27 101.29 *101.26 101.28 101.26 101.28 ♦101.26 101.28 *101.27 101.29 1953-1955 *103.12 103.15 *103.11 103.14 103.11 103.14 ♦103.11 L03.14 •103.11 103.14 1950 *100.10 100.12 *100.9 100.11 100.9 100.11 ♦100.9 100.11 *100.9 100.11 *101 101.2 *101 103.12 *103.8 103,8 103.12 1951-1955 2s IV38 Bank for 3s 1972 redemption: Friday's *101.12 Treasury 2s FOR ; *103.8 March' 1950-52,' WEEK ENDED March Bid & Asked High Bonds FEBRUARY Range Since *101 103.8 103.8 103.7 Sold Jan. I No. Low Interest 108% or - Range Friday's Bid & Asked Low High 10333 3%s series No. June-Dec 15- Odd lot transaction Range Since Sold Jan No. Low 65% 66 June-Dec — Bonds High *64% June-Dec 17 . 1 High 64% 65 65 66 64% 65 67 67 70 70 65% 66 *66 66 3 ' 3%s series No. 18 June-Dec 3%s series No. 19 June-Dec 3%s series No. 20 June-Dec 65% 65 Va * : June-Dec 3 Vis series No. 21 , *64% *64% " —. 66 % 70 June-Dec *64% June-Dec *64 Va 3%s series No. 24 June-Dec 3%s series No. 25_ June-Dec 3%s series No. 26 ■— — June-Dec 5 ■ — — —— 63 Va 64% 64 66 —— ' *66 Va *64 Va June-Dec 3Vis series No. 28 —- June-Dec 3%s series No. 27 -- ■ 70 3%s series No. 22 3%s series No. 23 Foreign Securities a 15,000 Week's Last le Price Period New York Stock Exchange 3%s series No. 16 29 103.7 17 BONDS Transit Unification Issue— 109?» 109% 101.14 *101.12 International Bank 2V4S 1957, Feb. 17 1950 at 101. 100, at 15 *101 103.12 Friday , 101.14 for 3%s series No. June-Dec ' 2s City 3% Corporate Stock 1980 103 ♦102.14- *104.18 ——Jan 2s - *100.20 ^1956-1959 _ _ - —- 105.3 103.2 2^8— Low New York *103.29 Week's Range or Sale Price LINCOLN'S *103.20 RANGE Friday Interest 103.31 1964-1969 transaction. BONDS *103.29 1964-1969 1965-1970 _ 25-year day. 104.27. 104.11 __Dec 2%s 2%s_ 105.17 *105.15 *104.25 Jon 2%« 111.24 *104.9 . • Reconstruction St Development f 10-year 2y«s 1957 9 ♦Bid 1956-1958 -1962-1967 2%s International 18 99.11 1951-1958 2%a 2%» Treasury Treasury Treasury Treasury Treasury Treasury — 101.13 the Week Bonds ($) High Treasury Treasury 110.23 Mar Jan Sales for Feb. 17 Low High Treasury 110.23 Mar 19 66 *64 Va ■ — 65% *64% mmmJ' 66 -- 64% 64 Va 65 65 ' 3%s series No. 29 June-Dec 3%s series No. 30 Wertheim & Co. Telephone Members REctor 2-2300 120 New York Stock Brisbane Sinking fund gold 5s 1958 Sinking fund gold 6s 1950 Teletype Exchange Broadway, New York NY 71% 94% 94% 47% 48% *47% —. 48% 48% 49 sink fund 7s 2nd ser 1957_April-Ocf *47% sec sink fund 7s 1957-April-Oct 47% f $ s Antwerp (City) Australia bonds external 3rd ser 1S73 5s Jan-July 1958 June-Dec 47% 5s 1955— 35% 36 10-year 3Vis 1956 103% 103 % 104 Jan-July 103 102% 103 Va Feb-Aug (Commonwealth) 48 Va 97 96% 97 48 % 46 Va ~5 50 sec AExtornal 49 46 % 46% 48% *47% AExternal 94% 46% 3 *47-'% 48% 71% 93% 2 48% 47 36 % 103 3/s 6 13 48% 35 33 113 43% 46% 5 48% 46 Vs '#».— i 104 % 102 103 Va 94 Vs 97 10-year 3Vis 1957 June-Dec 95% 95:% 95% 11 94% 96 20-year 3'/2s 1967 June-Dec 91 91 92 35 88% 92 20-year 3 V2s 1966 June-Dec 92 91% 92 23 90 92 15-year 3%s 1962 Feb-Aug 917/a 91 91% 64 89% 91% Jan-July 106% 106 % 106 Va 13 106% 107 % 115% 116% Belgium (Kingdom of) External lABrazil 6s 1955— sinking fund 7s 1955 (U S of) external 8s Stamped pursuant to Plan reduced to 3.5%) 1978 AExternal Stamped s f s f to Plan 3.375% ) 6%s of Stamped pursuant April-Ocf A (Central Ry) A to April-Oct 1957—April-Oct April-Ocf June-Dec Plan A 117 — 80 *77 % — 35 101% 101% 101% 44 107% 107 Va 107% 22 __ *57% — 75% 64% 57% 73 Mar-Sepf * — 2 53 73 *58 53 A 6s 57% assented Jan A6s assented Sept AExternal A 6s 1961 A6s assented 1963 Extl A Chile sink fund assented 2-3s 28% 30 Va 36% 39 28% 30Ve — 28 Va 30 28 30 j- 1 29% 136 40 39 39 28% 39 293/4 26% 29 V4 — 54% 75% 76 55 55 A7s assented — — — *76 — -- *57% — — 1979 April-Ocf (Plan B) 53% 53% 53 % 29% June-Dec *67 % 3Vis series No. 2 June-Dec 3 51% 1 28% 39 1 37% 39 29% 29% 8 28 V 4 30 >/a April-Oct April-Oct *39 1962 May-Nov *39 36% 36% Afay-Nov *29 % 23% 30 Va Mar-Sept *39 39 39 Mar-Sepf *29'A 28% 29 V* Municipal 7s 1960 1960 For Financial 67% — *65% 70 3Vis series No. 3 65% June-Dec 65% 65% 3 Vis series No. 4 65% June-Dec *65% 66% 3Vis series No. 5 65 Va __ Institutions SECURITIES FIRM TRADING MARKETS 66% June-Dec *65% 66 65% 66 June-Dec 69% 3Vis series No. 7 *67% 73 June-Dec 67% 68 3Vis series No. 9 67 Vi June-Dec *67% 66 % 3Vis series No. 8 — 3Vis series No. 10— 69% 69 Va June-Dec *67% 74% 3Vis series No. 11 67 % 65% 65% 63% 65 Va June-Dec *66 3Vis series No. 13 June-Dec *66% 3Vis series No. 14 June-Dec 65 % r.arl marks & ro. inc. FOREIGN SECURITIES SPECIALISTS 50 Broad St., New York 4, N. Y. 69 % June-Dec 3Vis series No. 12 For footnoces see page 23 66 67 68 66 % 66 V8 65 Vi 63% 65% Telephone HAnover 2-0050 — 23% *29 Vi 68 65% FOREIGN 53% 69 29% 2>% — 3Vis series No. 1 — 29% 1961 1961 AGuaranteed sinking fund 6s A 6s assented 1962 Consol 30 Va 39 39 June-Dec AGuaranteed sinking fund 6s 29% *39 29% June-Dec ...June-Dec 6%s assented 1961 assented 39 29% June-Dec 1957 1 11 *29% 1993—June-Dec ASinklng fund 6%s 1961 A 6s 30 Va *29% May-Nov Mortgage Bank 6%s 1957 A6V2S 39 10 *29% May-Nov 39 28% 36% 13 *39 ,7 dollar bonds 30 Va 36-% __ 39 April-Oct AExternal sinking fund 6s 1963— 36 36% 28 Va 30 Va 30 Va *39 April-Oct 1962 — 30 Va Mar-Senf 1961 sinking fund 6s 1962 assented 103 — 35 36% 40 29% Jon-July sinking fund 6s Sept 1961—Mar-Sepf 102 % — 29% Feb-Aug ARy external sinking fund 6s Jan 1961__Jan-July AExternal - 21 *39 Feb-Aug 1961 29 % _ - 35% 76 57 6s Feb 1961 55 76 assented Feb *39 29% April-Oct AExternal sinking fund A 6s *29 % Aprii-Oct — 35% *39 May-Nov _— 1960 *102% 102% 107% 76 3 assented ' 35% 36 107 55 2 1942 AExternal sinking fund 6s 1960 A 6s — Jon-July 1954 8s j 102 Va 75% 5 54% 76 June-Dec 1944 1974 (City) Val 101 Va 101 % (interest 1978 External dollar bonds of 77% 55% 75% . funding bonds of 1931 due 1951. Stamped pursuant to Plan A (interest 3.375%) Jan-July 1961 2%s Carlsbad AChilean 5% reduced to 75 102% 101 4 (interest 1952 pursuant reduced 3.5%) *116 (interest 1979 Stamped — June-Dec due Plan — (interest 1979 1927 to reduced to 3.375% ) A7s A June-Dec 6V3S of 1926 due 1957 pursuant reduced to AExternal June-Dec 1941 101 % 3 39 35% § A 7s assented *70% *70% 102% 102% 101 a'a (Dept of) 30-yr 3s s f $ bds 1978-Jan-JuIy SAChile (Republic) external s f 7s 1942 May-Nov SAAntioquia (Dept) collateral 7s A 1945 Jan-July § AExternal sinking fund 7s ser B 1945—Jan-July SAExternal sinking fund 7s ser C 1945—Jan-July fAExternal sinking fund 7s ser D 1945_Jan-July AExternal sinking fund 7s 1st ser 1957—April-Ocf 30-year 3s 102% 66 65 102 % 35 % 25-year — 65 101 % 101 ^ A Feb-Aug 66 __ June-Dec Cauca Mar-Sept 65% *102% 103 % . (Dept of) 30-yr 3s s f $ bonds 1978-Jan-July Canada (Dominion of) 4s 1960 April-Ocf Foreign Government and Municipal April-Oct " ... *64'/a —— Mar-Sept Feb-Aug Caldas 1-1693 25-year 3%s Agricultural Mortgage Bank (Colombia) — SAGuarantecd sinking fund 6s 1947 AGuaranteed sinking fund 6s 1948 Akershus (Kingdom of Norway) 4s 1968 1957 •»-— *65 June-Dec sinking fund 5s (City) *64% —— Teletype NY 1-971 30 " J 20 THE (768) COMMERCIAL & FINANCIAL CHRONICLE Monday, February 20, 1950 NEW YORK BOND RECORD RANGE Friday Interest Sale Price Exchange or (Hukuang Ry) 5s 1951 Colombia (Republic of) A6s of A6s 1928 of Oct 1927 3s ext Jan Jan. I Low No. 7 *79 Jan-July 1961 42% 43'/4 San 73% Aprii-Oct *43% (Republic of) 7s 1951———May-Nov (Republic of) 4'As external 1977 June-Dec 47% Stamped (State) 48 Va 47% Stamped dollar pursuant 90 93 77% 90 A8s secured 87 112 72% 87 A7s series B secured 22'A 23% 1' ( 19%. 109 35% 51 35% 35 24% ASilesia - 114 I 1962 98 52% 2 (Prov of; 70% 67 70% 82 82 82'4 •66 71'4 A 7 • 1962 -May-Nov external external 53 90% 94'A 96 85 85% Salvador 4s (Republic of) 92 162 75% 93% 12% dollar 8'As extl s f dollar bonds Jan 3s extl Jan (Republic of) 7s 1976——Jan-July 1 1976 1 f dollar bonds Jan 1 s AEstonia bonds Jan-July 1976 __ . External readjustment External 3'As Jan-July 73% 73% 56% 56%. 55-%. 58 .-■■■'■ „ *48% „ 15 r3 : 50 v 11% / Valle : 49Va 51'A *10'% __Jan-July 1967 73%, 11% conversion 1979 participating paid A 6s Free Italian State external extl (Republic) 6'As sink extl 1960 fund f s 5s to §A7s 3% series Italian l-3s B 11 ' 11 external Del See *C0% 103 Jan-July 42% 42% 5 30 63 — 103 1 , 26 44 1947 __ 38% , 39% *60 ' , 53 — readjustment 7s 3% 1977 Jan-July Jan-July 1952 Altaly (Kingdom of) 7s 1951 AJugoslavia (State Mtge Bank) 9% June-Dec -April-Oct 7s 1957 39 i 38% *61 — i 62'A 102 40% * 1958— 48 33 41% 62 62 (Colombia) 30-year 3s f s Metropolitan bonds $ Waiter Board 5'As 6'As 61 62 71 14'% . 14% 17 1978 Jan-July Sewerage & „/ 35'4 35 'A, "l9 ,. 15 47% 35 36 . (1942 agreem't) 1C0 32 100 a'- 100 392 2%s debentures • 2 1 100^ -Feb-Aug 10 10 _Feb-Aug *7% "5% — — A 1945—Quar-Jan Large *10'4 A4s JA4s assented new of 1910 ment) 1954 June-Dec (1942 agree't) (assented 10% to 9% P 5% - assented (1942 agree't) 1913 to ~8% 14% 1963—Jan-July (assented ~5 W Products 3% 77a 3% agree't) (City of) Minas Geraes ASecured 6y2s (State) extl 1952 pursuant to reduced to 2.125%) Plan Stamped pursuant reduced to Norway to Plan 2.125%) A (Kingdom) 4'As 33'2 May-Nov 1956 sinking fund external loan 1963——Feb-Aug 3y2s sinking fund external 1957 —ApriZ-Oct Municipal Bank extl sink fund 5s 1970—June-Dec Oslo (City) sinking fund 4y2s 1955 April-Oct 7s Stamped pursuant to June-Dec 1947— Plan A f s s 6s f 6s 1st series 2nd series I960—June-Dec 1961 April-Oct —__ApriZ-Oct sinking fund gold 8s 1950 (City of) — stamped pursuant Stamped pursuant to reduced to 2.375% ) AExternal secured Plan to Plan 2.5% ) Plan A Plan A to 6'As (City) Plan A to 2%) (State of) A to A8s external 26 y4 25% *8% due Dec 15% 8% 87% 10 8% . 95 Va A to Plan A 103 103% reduced to 2.5% ) see Plan 1999 page 23 A 90% 90 91'A 43 90 94 95 94% 95% 20 94% 98 64% 63% 59% 64'A 64% and general and 6% mortgage 3%% due J contingent Dec , 71% 71 , 72 69 69% 74% May 51% 51'4 52 168 49 % 53% —May-Nop 87% 87% 87% 31 86% 89% 68% 69 26 68 71% 81'A 79'A 81% 92 €0 2010 1 div first mortgage fixed & 1%% Cincinnati lien and ser conting. int) A 1980.Jan-July division ref M series 4s refunding 4s stamped ..1951 D *80% 1985_Jan-July Creek Extension Telephone of Pa 1951 C 2%s mortgage & Maine series 121% 99% 1970——Jan-July J 1976 1979 Jan-July *104 1955— May-Nov mortgage 4%s series JJ 1961.; -April-Oct series . 5s AC 1967 series. II _Mar-Sepf 22'A 26'4 ~8% ABreda 15'A Bristol-Myers Co 3s debentures 1968 —April-Oct Brooklyn Union Electric first gold 5s 1950—Feb-Aug Brooklyn Union Gas 4s debentures l969x_Mar-Sepf 8 7% 9 101 9% mortgage 4s series RR I960—--Jan-July mortgage 4'As series A July 1970 May-Now (Ernesto) Co 7s 1954_i_„—Feb-Aug General mortgage Rochester 33% 35 ;■ 50 '2 50% 30'A 38 37% 44'A 45 '/a 32 & 2%s ^ modified Terminal 4'As Co .'first ConsQlldated 5s 1976— Bush Terminal 100% 101% 101 101% 104 104% 105 1975_May-Nov 1952—_— .1955—— Buildings gtd 5s „ 75 53% 81 1 102 83 102'A 22 73% 78 57 49 % 56% *60 . 104% 105% 104% 105'A 9 101'/a 102 7 102'A 103% *104% 105% — — *104% — 101% 102 102% 103% 103% . Ry— 1957- 4s 2 82 82 102% 102'A *— 90 75 73% 53 54% 82 Jan-July —• mtge 2%s Pittsburgh —May-Nov April-Ot t' -Jan-July 39 34 . 99'A 105 RR— mortgage First 122 »A 99'/a 104% *101 — 100% 121% 99% 105 101% 101% — May-Nou K 105 — 93 93 100% — 1961_May-Nov Feb-Aug 90 91% *100% 121% 121% — I960——April-Ocf "• I series series 3s 91 'A 91% — . 3'As series 5s _Jan-July 1951—-April-Oct . first 91% Jan-July First 9% 65 % -June-Dec income Feb First 15% 60 (2%% interest)— 1995 1 26% *45'/a j j 34 54 54 34% "J. 54 54 28% 41 43'4 44%' I < I960—^-April-Oct 68% 67 68% 102'4 102% 99% 99% __ „ 35 2 1 102% 68% 10214 98 100 106 *106 __ 63 106 C California Electric Canada Southern Canadian — . 31% 31% 49% 48 V2 > 31% 49 % . 49 Va *34 38 *31%' 37 34 34 61% 59% 61'4 57 57 34% 34%. Power 3%s 1974———May-Nov gtd 5s A 1962 April-Oct gold Ry— 4'As 60 May -Nov *57 Pacific May-Nov *67'A (interest conv-debenture stock debs series (interest 4s conv inc debs series B 56 mortgage Celanese 3'4s 56 56 56 ■ A (perpetual) 1960 A Carolina Clinchfield Celotex — e 63 69% (interest & Oho i960 4s 10 115% 116'/a 113% 113% 11 113'A 114% 113% 113% 113% 22 113% 114 104 'A 104% 104% 7 104'/4 105 102% 102 102% 41 100% 103% 11 -74 ' Corp 3'4s 104% 4s -(1947 1981 JUne-Dec Georgia 85 91%104% issue) *58% April-Ocf 1960 11 67% 71 83 2 107 4 103% 104'/2 100'A 64 103% 104% Feb-Auy 1960 58 *101 *34% 87 ./ 2020—-May *41% 42% 1 2020—May 41% 41% 42% —:_Jan-July 45% 44% 45%' of 59'A *101% —... 1 General 104% 108 Ry— mortgage series A 1995 AGen mortgage 4'As series A Jan mortgage 85" 44 100'A 107 Feb-Auy SACentral Branch U P first gold 4s 1948—JUne-Dec of 81 107 Mar-Sepf 1965— debentures debentures —Mar-Sepf 1965 85 Ry— guaranteed Corp 3s debentures Central RR Co 70% 104 % 115% 115% 11514 AGen 75 89% 70% Jan-July Mar-Sepl First *72% 105 104 «A 100 55 Capital Airlines, Inc— First 60 103% 104'A ' Ry— Carthage & Adirondack — w. 103% 104% - 4s *69 Jan-July 1957— 103% 104 *104% 104 gold 5s 1970——————Feb-Aug gold 4%s 1955 June-Dec Guaranteed gold 4'As 1956_l___ _Feb-Aug Guaranteed gold 4'As 1951—— Mar-Sepf Canadian ; 1976—June-Dec Guaranteed 4% A 3s consol National Guaranteed first Power California Oregon -Guaranteed i % 31% Jan-July 102% 59% 25% May-Nop -Jan-July 105 102% 49 22'4 (interest 1999_! 104 102% 5 7.3 22 June-Dec ___Jan-July to 102% 38 102 Central 1950— 78 104% 63% mortgage (interest Plan 104 102'4 102'A f May-Nov to 102% 103% — 64% First 37% *44% 2012 104% 63% 33 50 % 37% June-Dec 1957 120 % 103% 62% Stamped *41 % June-Dec 119% *103% 104 __ June-Dec Loan 2'As debs 3'4s sinking fund debentures 1964 Bethlehem Steel Corp— Bush June-Dec 131% 36 *119% 120% 62% * 4s Bell 38 Feb-Aug 127 127% 129% - __ 63% mortgage 36% 82'/8 63% AInc *31 78 80 interest)— ~8'A *34 76% 82 X. ' 1995 1 mortgage. 2%s 2 90 Mar-Sept Beech — 8% *77% Mar-Sept Consol 1 105% 1996 Consol 1 105% 2000 Consol 14 , 1 93 8% 27 1 44 15% 104% 105'A 105% 129% 1952—Mar-Sept 31 10 103% March 105 3 - March 88 % 44 26 % 53 1966"—_Jan-July f. contingent 103% *8% May-Nov pursuant pursuant footnotes 3% 1 1 118% 104% 104'4 *80 June-Dec . 10 29 April-Oct Plan 103 Jan-July 1952 (interest reduced to 2.5%) For July 5% f — stamped Stamped 4s 1964 Consolidated A 1966 1952 8s pursuant reduced 1936 G5 2 6'4 April-Oct to Stamped pursuant Paulo 99% 25% April-Oct reduced to 2.375%) 2001 A6y2s extl secured sinking fund 8s 93 98 25% 115% due First (interest 2.2S%) 2004 7a 1967 stamped pursuant to Plan (Interest reduced to 2.25%) 2004_ Stamped and Toledo (interest 1999 Stamped pursuant to Plan (City of) 92 4 25% 26'4 Feb-Aug reduced to 2%) 2012— external loan of 1926 due Paulo 11 Jan-July April-Oct sinking fund gold 1968 pursuant reduced 93 35 106% 411' B Buffalo 2012 Stamped pursuant to San *31 _April-Ocf (interest Sul (State of)— 8 A8s external loan of 1921 1946 ARome A Buffalo. Niagara Elec first Rio Grande do Stamped 93% 90 111% 117% 118% Bangor & Aroostook RR— A 1953— to 2%) A 2001 6'A% Stamped pursuant ASao 90 Alegre external 93% *44 jan-July (interest reduced to 2.375%) 2001 7Vas 1966 stamped pursuant to Plan (interest reduced to 2.25%) 2006 5 ARio de Janeiro (City of) 8s 1946— to 17 103% 103% Jan-July A4'As assented 1963— A7s 90 103 109% due Boston gold 6s 1940 -April-Oct A4'As assented 1958 April-Oct 8 A Stabilization loan sink fund 7s 1947—April-Oct A4'As assented 1968— reduced 98 __ 2V* 106'4 Virginia— 98% 96 % "101% Mar-Sept Mar-Sept SAPoland (Republic of) to 99'4 95% (interest 2.125%) 2008 APeru (Republic of) external 7s 1959 A 6s "94 Mar-Sept reduced to reduced 96% 6 99 93~ 99 May-Nov External secured ref 3'/2s series B 1967—Mar-Sept 1961 53 28 97 96% 100% 105% __ May-Nou Beneficial Industrial sAPernambuco (State of) 8s consol unified 4%s (3'A % — AStamped assented 5s 1963 Stamped mod 3'As ext to 1994 Porto first 1963 Pittsburgh Like Erie & West Refunding 4s series A 1980 33% 96% 96'4 1965 4s AExternal 33 32 1 97% 9 9'4 16,, K Ref 34 Va 97% 99% 97 extl 1 101% 109% 105'4 May-Nov S'western !___Mar-Sept 96% loan 61% (interest April-Oct ANat loan extl 60 *44 1959—-Mar-Sept A Mar-Sept ANat 3%s A4%s convertible 34% 99% 96'4 107% 101% L——J—April-Oct Refining 2%s debentures Series Mar -Sept 3%s 1957 (Kingdom of) (Republic) 11 (interest 2008 External sinking fund 4%s Panama 60 % 12 Mar-Sept 2008 ASecured extl sinking fund 6'As Netherlands Coast fixed Stamped . 60 April-Oct 1958 ? Series M 11% — sinking fund 6s •29 104'4. —„-April-Oct mortgage Series il% 100'A 10 118 1995 4s Series G 1963—Jan-July *117« 94% 99% Topeka & Santa Fe— fixed — assented (1942 89% 8 110% 111 106 1% contingent interest) July-1975_April-Oct ~ Refunding and general mortgage 5% (2% Jan-July 95'A 100% 191 246 110% 106% Cot 5s 1966 76'4 101 : 93% 258 100% 1957-——--June-Dec and ASmall ASmall , 97 1108'A 108% Ca debenture-3s Tobacco v 69 100% 101'4 96% 104'4 74 100 % 100 '4 100 «A 100% mortgage 4s series A July 1975—April-Oct First mortgage 5% series B (4% fixed 1922 1933 10 94% 4. •'•T ————June-Dec debentures 1959_—Uune-Dec Baltimore & Ohio RR— 8% new 93% 92% * 1973 4^" agree¬ ASmall A6s • -100% First JATreasury 6s of A Milan 93% 104% 106% 100% 9% 5Va "5% 1968—Jan-July 1922 3 X *9914 94 3s General Jan-July agreement) 75% 102% 102% Atlantic 1945 new 493% June-Dec convertible- debentures 77A 103% 1 *100% 101 „ 102% ASmall A4s 75% „ 100 Atlantic 9% -- 10 104 % 100% First to due agreement) 11 10% 11 *10'4 ; assented 10 10% 1963—Jan-July 10 106% 107% 104'/4 104'4 __ 1986—...ii,—Jan-July Stamped 4s July l 1995 Atlanta & Charlotte Air Line Ry— -- (1942 agree't) ASmall (1922 *107 1987- General ; 1904 Feb-Aua _I *104 _ 19642.May-No» <■" ZzzZlll . *60 * • 1982i_4—^__ApriI-Oct Atchison assented 8 6'A. 6% 108% A agreem't) 85% COMPANIES II " 1962-_Aprii-Oct debentures 1969il—— April-Oct jAnn Arbor first gold 4s July 1995——Quar-Jan Quar-Jan Large A4s of f debs s 11 19611.'——June-Dec American - ASmall new INDUSTRIAL 1975—-April-Oct 3%s convertible — (1922 90 86 81% . -8 debentures 3debentures "5% ASmall A debentures 2%s — assented AND April-Oct 1967——May-Nop ' ~7 82% 86 86'A 2%s debentures' 101 A Large A5s deductions 2%s .' 5% 134% 81 Power deb 5s 2030—_Mar-Sept & Telegraph Co—; - 1980— 2%s . 1968—J&n-July 8A5s of 1899 due 1945 8A5s 1 *__ 1952—.— Corp 3%s ' 1943—May-Nop 1943 (Republic of) 2 85% 2%s convertible ASmall 1968 Mexico Bosch ' April-Oct small 113 86 , 2%s debentures- 1950 'A s 90 85% *89 & Susquehanna RR Alleghany & Western 1st gtd 'American Drainage 5A4'As assented (1922 agreement) A 4 86 _Jan-July 3'As 1972_Jan-July 4'As 1975—April-Oct 'American & Foreign American Telephone 12% 7s Albany Mexican Irrigation— ANew assented Co Southern .3 %s Power-first mortgage ' 46% ; *47% --49 June-Dec 1954 134% 86 4s 1998—April-Ocf /Allis-Chalmers Mfg .2s debentures 1956—Mar-Sepf -American Airlines 3s debentures; 1966—June-Dec - 62 20 85% . — — Great 'Alabama 41'A , AAdriatlc Electric •Alabama 37% 70%. 88% 1978-; _Feb-Aug RAILROAD 64% 103 81 70'4 __ __ 39% - - -May-Nov Valley (Dept of) * (City) external 7s 1958— assented 11% . AMedellin 134'4 134'4 9 93 *121 1978- .June-Dec 1984— 8% 92% . Cauca A4'As Utility— to 14 V 14 Cauca A Warsaw . •» 39 14 11% 10 'A 13 '/a , Works Jan-July Mar-Sept Credit Institute 1% AExternal 10% 1977 1977 Public 11'A, 1960—May-Nov Italian Credit Consortium for Public 1% 11% —Feb-Aug April-Oct participating paid 1968- Helsingiors (City) Irish May-Nov 1964 13 9% *94 -May-Nov 1979—— conversion Greek Government— A7s 11 18 . c *73% 4 .13 *10% j-1— 3%-4%-4^3 external ■ f 13'4 1958—. .June-Dec 7s 1958- sinking fund 6s I960—_ _May-Nov sinking fund -6s 1964:_L_'—— _May-Nov 3%-4-4%s- (dollar bond of 1937) — 92 97% — s extl 13 '/b *8 96 90 , 72 1962— _May-Nov 4-4'4-4'As external' readjustment El <• *126 99 95% 85 70% 82 .June-Dec 54% 92 High _Jan-July Sydney County Council 3'As 1957— _Jan-July 8 A Uruguay (Republic; external 8s 1946— —Feb-Auy 36 50 Low _Jan-July AExternal 52% Jan. 1 No. 2004 2%) 2012— -April-Ocf (Kingdom) — external A4'As'; assented , to April-Oct Jan-June Feb-Auy April-Oct Range Since Sold- 1968——— AExternal (interest reduced Bonds High 80 to Serbs Croats & Slovenes 87 59 Friday's .Mar-Sept Plan to (Interest reduced 84 109'A 109% 1956 loan 90 Jan-July 6% ) extended to 1960 §ADenmark 20-year external 6s 1942: External gold 5'/2s 1955_ External gold 4'/2s loan 87 109'A or Bid & Asked (continued) — water external | — assented external A6s Cundinamarca (Dept of)— 30-year 3s sinking fund $ bonds 1978 (State) pursuant to Plan A (Interest reduced ;to 2.25%) 43% 47% — Sale Price Stamped *48'% Feb-Aug June-Dec May-Nov 1953 ACosta Rica Czechoslovakia Paulo 79% 40% 59 *43% May-Nov §ASinking fund 7s of 1926 due 1946 §ASinking fund 7s of 1927 due 1947 Copenhagen (City) 5s 1952 79% 43'A Last reriod Low 5'4 78% *79 Week's Range Interest Exchange High 4'A — BONDS New York Stock A 7s April-Ocf §AColombia Mortgage Bank 6'/2s 1947 Cuba Range Since Sold — sinking fund dollar bonds 1970—April-Oct 25-year gold 4'As High *4% June-Dec 1961 Y 17 Friday Bonds Friday's Bid & Asked Low AChinese FEBRUARY Week's Range Last Period BONDS New York Stock WEEK ENDED FOR 4'As N mortgage series B Jan — Jan-July 65% 65'A 66 'A 17 63 67 65 % 67% 15 41% 48 114 42% 46% J— 3'4s 1987 Volume Number 4883 171 THE COMMERCIAL & FINANCIAL CHRONICLE 21 (769) NEW YORK BOND RECORD RANGE Friday BONDS New York Stock Interest Exchange Period Week's Last or tie Price CentraltNew York Power 3s 1974 Central Pacific Ry Co— and refund 3'As series First April-Oct 105% mortgage 3%s series B Champion Paper & Fibre deb 1974 ..Feb-Awsf Feb-Aug 1968 3s Friday's *103 *103!% — Mar-Sept 132 Jan. I High No. Low 30 104 First inc 5s conv 2 130 102 103'A 101% 104 26 105'A 106% 119% 119% *113% 2 119% 120'A 114 114 ' — ' -- 111% 112'A 109 General mortgage 4%s 100 ' 4'As inc 72% A Jan ser 1 1 First mortgage 3s series Chicago Rock Island B 102 % 103% First ^ 100 3 99% 40% 72'A 72% 1 68 Income 2%-4>As 72% 89% 48 86'A 78'A 73 13 73'A 79 60 60 C0% 16 60 62 ^Florida *47% •• 92 102'% 102'% 102% 1999—April 53% 1963 mortgage 2%s Union 1978 gtd mortgage 2%s series G Financial Corp— 25/8s debentures 1959 Ice City & Fuel -_Feb-Aug 2%s Cleveland Cincinnati General gold 5s 4s Chic St & First Electric Louis Series Illuminating Cleveland Short. Line Cleveland Union mortgage mortgage 5s 4'As & First Fuel Iron mortgage coll Columbia 3'As Gas Columbus Columbus & First First 3s 103 4s 87'A mortgage and 102 % 1977 N — 1978 101 87'A 3 4'As 2%s 66% 60% 85 87 First and refund mtge First and refunding 3s series First and refund mtge 2%s 3s debentures C ser 100 Cruible Steel Co 107 100 69% Am RR first SADeposit §A7'As §A6s *106 May-ZVou 5s series 107 *106% 105 105 25As Hackensack 66% Water Finance 107% Hudson Coal 107 Hudson & June-Dec 108% Illinois 107% First 105'A 106 62'A 70 100'A 1979—. Corp 1 - June-Dec Bell Telephone mortgage 5s ser 5s 1952 —Jan-July Jan-July A 64'A 59 65'A 62 79% 103% 67 100% 104% *102% 103'A *100% 100% 99% 100 Va 100'/a 100% 127% *127'A 129 127'A 100'A 2 99% ' A 1962_June-Dec 1957 2%s series Feb-Aug April-Oct A h-4 O O 1981_Jan-July 1978 90 90'A 64'A 64 '/a 63'A 28% 27 29 mortgage mortgage 5%-3%s series B 11 89'A 93 87 63 68 235 27 32'A 11 102 103'% 107% s£ —"-V.: First First gold Extended 3'As first gold 3s sterling Collateral Refunding 4s Purchased lines 108 % Collateral C trust 1979_May-ZVou 1979—May-Nov 1974—_May-ZVou ■ __ ' 1951 gold 1952 May-Nov Jan-July May-ZVou May-Nov Cairo 107% 104% -- 101V2 104'A 5 105'A — 101% 3 99% 31 4 1966 Feb-Aug Bridge gold 4s 1950 Div first gold — 102% 102 1951 - - 96 92'A 93% ~4 47'A 49% 5 31% 34% fInternational Great i AFirst series 6s 88 88 1 83 89 AAdjustments 31'A 31% 3 27% 32% AFirst 34'A 34% 3 32% 35'A *33% 35'A 33'/a 35'A AFirst 5s gold B 5s 96% *101% 101'A 101'A 100'% 100'A 96% 102'/2 102'A 102'A 102% *101'A 101'A 100% 101% *101'% 102'A 100% 101 *101% *101% *102% 101% 101% 102% 102% — __ 100% 101% 78 100% 101% 94'A 95'A 20 99'A 99'A 3 A series first A D 1970 102'A 102'A gold 4s 95'A Jan-July 1950-Jan-July *100 1986—June-Dec 1952— 94 98'A 100 100'A *90% 100'A 97% 99% 100'A — —Jan-July series A July 1952— 6 93% 95% 102% Northern RR— A series 100 *100% 102% 96% . Indianapolis Union Ry Co— Refunding and imp 2'As series C 49% 107% 101 Indiana 34'A 106% 1963_June-Dec 106 Iowa 11 1963_June-Dec 103 Illinois.& 105'A 107'/a 107'A series C 104% 17 — 4s 104 'A series First Ry 4s .24 102'A Illinois mortgage 104% 105'A 105'A St L & N O— series refunding 4'As 106 102% 106 103% refund 103% 103% 2 102'A 119'A and 103% 14 104'A 106'A Terminal 35 105'A 106 102% 102% 1 103 First 103% 103% 102% 62 115 — 5s 101 *35 104% 105 105% ' 261 __ refund 101% 105 106 first 101% 101 — — June-Dec 103% 105 Joint 104 1963 Illinois Central, and Chicago 102% 102% — 101'A 101'A *101% June-Dec 3s Jan-July Louisville Div & Term gold 3'As 1953 Jan-July Omaha Division first'gold 3s 1951 „Feb-Aug St Louis Div and Term gold 3s 1951—Jan-JwZy Gold 3'As 1951 —Jan-July Springfield Division first gold 3'As 1951_Jan-July Western Lines first gold 4s 1951 —Feb-Aug Registered : Feb-Aug 105% 101 10 1955 4%s Litchfield .. • 5s gold 4s 1953 105 102 109 *100 Va ApriZ-Oct _■ 105 *__ Mar-Sept 1952_z_ 4s 3'As *104 Jan-July ApriZ-Oct .— 1951 1955— trust Refunding -- ' ■' -- *103 'A 104 :-j—„__Jan-July 1951—r— gold 3'As 105% 106% 50 — 103 Va 103 *106 Va 4%-4%s series A mortgage 3%s series gold 4s 1951——I 105% — 103 June-Dec Consol 49'A deposit receipts 1946_June-Dec deposit receipts 1946 June-Dec 65 75 101'A 1 Illinois Central RR— 33% 31'A 104% 1 103 100 1957_ series B 3s 106% 108'A —■' 103'/a *93% 33% 103% 3 79'A 79'A 104% - first sink fund 105 — 105% 106 mtge 3'As l966_May-Nov 5'As 1942 June-Dec 104% 104% 103 23As. 1970——Jan-July Manhattan first 105% 105% __ 117'A 118% 103 1 104% 105% • 105% 105% 117% ~9 103 I 107% *99% 100 103 "7% 17 H 106 6 101% 102 *106% 7'A ~6 P4'AV 100 165 *101% 103 105% 104% Jan-July 104 'A 105% 102 7% 87 »A 75 *102% 103 1976—Mar-Sept 4 105 . 97'A "2 2%s 3 • *64 95% 85 104% 104% 1999 1 __ 94 96% ■ 69% I 16 98 100'A 100'A 4'As 107 25 85'/a 85 June-Dec . mtge V 107'A 102'A Jan-JuZy —May-Nov ApriZ-Oct 1976 1969___ 2%s mortgage 102 100 Jan-July M 1978..:__ii 3s April first vV> *101 105% A B 1968 first debentures 2044_: Hocking Valley Ry first 1 — *103'/a gold 3%s Jan ' 1979_Jan-july 1963 receipts series trust Util B Household 13 *108% 108% *106% *103% first mtge. inc 4s series mortgage 100 % 25 94'A 94 *96 April-Oct 60% 105'A 105'A ApriZ-Oct 1st Northern Ry §ADeposit receipts 1959 87 4 O O er 72 125 20 101 100'A 100'A Feb — debentures 63'A 12 68'A 101 RR— 82 105% 105% 105% mtge 3s §ACuba ACuba 3s 101 Feb 57 107% 27/es 1975 Mar-Sept debentures 1965—-Jan-July first of 88% B A 6 107% 107% 1972—June-Dec 1972 D Consolidated Natural Gas 2%s 1968 Baking First 3s ctfs 79 75 — • 1977_ApriZ-Oct series E 107% 129 122'% 21 - 107'A 107% April-Oct 1982_Afar-Sept B ser 2%s mtge —Jan-July 1961—Feb-Aug A 106% refunding 4s series B 1975—-—Jan-July 5s series A July 2015_Jan-July refunding 3%s series D 1969—April-Oct States 96 106% 107 92% 103 125'% 50 :. *107'/a Feb-Aug April-Oct 1951 ser refund Continental Gulf 102 ' 83% 1 59'A June-Dec 1999 and Power General 90% 102% 6 mtge inc Debenture L series mtge and debenture certificates & Ohio First and Va Co—• 1st and ref convertible 103'A 96 65% ApriZ-Oct First 3s 110 2 10 3 2%s series Q 2010Jan-July 2'As series R 1961—_Jan-July West Corp Mobile First 60% 1974 debentures refund Consumers 103% 110 Va 101 'A & ADebenture Greyhound •Gulf First series 3s Bay 92'/a 92% 18 Jan-July 106 103'A 66 1964—ApriZ-Oct River Pwr sink fund 33As A Consolidated Cigar Corp 3'As 1965 Consolidated Edison of New York— First 104 AGreen — 105 Ry & Lt 104 104 105'A sinking fund Conn 106'A 103% *- 3s 1990 Consol Conn 1 104 3A 18 60 129 106% 85 '/a 102'A 102% 102% 60 102% 102"% 92'A 94 -»J. 63'/2 5 60 102 lA 103 124% 125 mortgage 1 104% 102 59 129 mortgage 8 103% 101'A 70 Jan-July General 105% 21 "2 Jan-JuZy General *— Edison Jan-July 1976—. Consol 1973_ mortgage 1952 1973 D 80 Mar-Sept Commonwealth B C series 85 Feb-Aug South Ohio Elec 3'As 1970—May-Sept Toledo firdt external 4s 1955-Feb-Aug & series series 76 110% 110% ApriZ-Oct debentures March 1974 August 5'As 79% System Inc— debentures 1965-May-Nov 2 *102'A Mar-Sept debentures Mar-Sept 2%s mtge 78% 103% 103% -_ApriZ-Oct May-Nov trust 3s first mortgage 3'As series O 2000—__Jan-July mortgage 2%s series P 1982—~Jan-July Feb-Aug 1971— 3s Co mortgage 3'As series N £7 OO ApriZ-Oct 87'A Ry Co— General 20 60 60 * 103'A 1 Corp— and debentures F) 99 1977 104% 60 60 102% c— CO Ry— modified) 1980 & (B 4 Columbia Gas & Electric Corp— 3 'As Goodrich Great Northern 1969 85 *103% 104 4%s 1961—April-Oct 4'As series C 104 5s *104 1970—Jan-July 1972 87% 87 Va *102'A 103 4'As *— 1973_ B 70% 97'A 85% 105% 60'A General Co— series 65 97'A 85% May-Nov June-Dec General Southern (stamped Colorado gtd 1961 1959 debentures AAdjusted income 5s Feb 5'As Series A mortgage Colorado t;, first debs 4'As 101% —June-Dec 1950~— 29 5 *100 103% 10434 105 "A June-Dec Terminals First First First 3s 66'A 87 *._ 103'A —June-Dec Pittsburgh RR— 3 %8 guaranteed D 56 88 Ry—w mortgage 3s 1982, & 3s first income 51% 1st 1993 65 Realty & Utilities Corp— conv 87 *96 Refunding and impt 4'As series E 1977—Jan-July Cincinnati Wab & Mich Div 1st 4s 1991_Jan-July first coll trust 4s 1990_May-ZVou Cleveland 293 *103% 104 St Louis Division Cleveland Rubber 78'A 78% June-Dec , B 110% G General Collateral 1993 series 104'A 106'A __ 87 101 *101 1961 110% 104'A *97'A 102 87 1 June-Dec 1966 66 'A 1 April-Oct debentures 101 110% K> 10 *107% 110'A *105% General 1969—Feb-Aug 1974—- Investing Co 4s debentures General 90 103'A —Jan-July E 101 104% General series & Coast 83 • 1952_Jan-July „■ 3%s Tire and General ■ 1962_Mar-Sept 2%s 1975-ApriZ-Oct T City 102% Terminal— mortgage 103% — 104'A 104'A 101% 101% — 103'A refunding 4'As series D First I 4s 110% 110','2 *151% 103'A 103'A 103 'A ■ Jan-July First 54 *87% Jan-July G conv 2015_Jan-July Genera] series First C 54 Jan-July 2%s 110'A 1964_April-Oct 1990 < Ry— mtge series F 71'A mortgage Cincinnati 93 60 First 1st 13 50% 89 7 66 Jan-Jijily Indiana 45'A S3 55% 1963 Western 3'As refunding 5s series A 1974—Mar-Sept A Certificates of deposit--. Mar-Sept Francisco Sugar collateral trust 6s 1956—May-ZVou ' 49% 38 F and mtge East AFirst 39 series First Firestone ^ 68% 1994 103 — 100% 91 78'A 57% 3'As *100% 101'A 94'A 100% — 6 8'A mortgage Chicago & — 87 V2 57 First High 92% — 89% 6 8'A Chicago Union Station— Cincinnati Gas & Elec consol Jan-July First consol mtge 3'As series G 2000—_Jan-Ju)y First consol mortgage 2s series H 1953_Mar-Sept Ohio Division first mortgage 3'As 1971_Mar-Sept 101 36 57'A General mtge conv 4'/2s ser A Jan 2019 April Chicago St L & New Orleans 5s 1951 —June-Dec Memphis Division 1st gold 4s 1951 June-Dec Chicago Terre Haute & Southeastern Ry— First and refunding mtge 2%-4>As 1994-Jan-July 96 % Co— General mtge inc 4'As series A Jan First consol mortgage 3'As series E 74 *126'% Railroad 109% A4s 1 3 112'A April 1989 Pacific & 103% 103% 108 % 37% Chicago & North Western Ry— Second, mortgage conv inc 4'/2s Jan —Feb-Aug _April-Ocf 111'A 2019-April 2044 Low n 2 36 May-Nov A increased series B Jan conv 100'A 100% 27 109 *102% 10%A — 37% Chicago Indiana & Southern 4s 1956 Jan-July Chicago Milwaukee St Paul & Pacilic RR— First mortgage 4s series A 1994 Jan-July Jan. 1 No. May-ZVou1 Tenn Va & Georgia div first 5s 1956-May-ZVou (N Y) first cons gold 5s 1995_Jan-July Elgin Joliet & Eastern Ry 3'As 1970 Mar-Sept El Paso & Southwestern first 5s 1965 ApriZ-Oct 5s stamped 1965 April-Oct Erie 111% mortgage A2nd Range Since Sold 1961 debentures *94'A Edison El 111 105% 105% 1997—Jan-July 4s inc series A Jan ;1983-Jan-July mortgage 4'As inc ser A Jan 2003_Jan-July 2.35s Bonds High ■ East 51 1988—Jan-July AGeneral inc mortgage 4V2s Jan 1 2038-Jan-July Chicago Ind & Louisville Ry— A 1st Friday's 133% 34 1985—-May-Nov First mortgage 3%s series B Chicago & Erie 1st gold 5s 1982 Chicago Gt West first 4s series 1st .103 "2 Chicago & Eastern 111 RR— mortgage or Bid & Asked 1976_May-Sepf 103 103 refunding mortgage 3'As 1985—Feb-Aug refunding mortgage 2%s 1970—Feb-Aug AGeneral Sale Price B Light Co 2%s 1977— mortgage 2%s 1979 103'% 103 % — 1958 —Jan-July refunding 4'As series B 1977—Feb-Aug and Chemical 105% 4s and & Ironton RR 2%s ser Duquesne 104 102% — 131'A 132 ' 104 Chicago Burlington & Quincy RR— and Detroit To] Dow 104 — Week's Range Last Period Low 105 %• 105% 104 Interest High 103'A and impt M 3'As series D 1996—May-ZVou Refund and impt M 3'/2s series E 1996_Feb-/4ug Refund and impt M 37/bS series H l973~.June-.Dec R & A div first consol gold 4s 1989—Jan-July Second consolidated gold 4s 1989 Jan-July General BONDS New York Stock Exchange 103% Refund 17 Range Since Sold 105% 105% ' FEBRUARY Friday Bonds *104 1965—Jan-July Chesapeake & Ohio Ry— General gold 4%s 1992 First ENDED J A First First WEEK Range Bid & Asked Low FOR 1956 series 85'A 85% 7 81% 88 April-Oct 35'A 35 36'A 118 34 39% 80 Va 80 Va 5 75 80 80'A 11 75 82% 61 Va 61'A 30 61 61% Jan-July Jan-July - C 85 'A 1956_ «^.§AInternationa;l Hydro-Elec deb 6s 1944_ApriZ-Oct Inter Rys Central America first 5s B 1972_May-ZVou 61'% 97 82% 100 *96 99 Va 73 73% 16 73 76% 103'/a 103'A 3 103 103'A 103% 103% D Dayton Power First First & Lt mortgage mortgage first 3s 3 mtge 2%s 1978— series A & Delaware Co & 2%s 1978 debentures Hudson 4s 103 Va 103% ' 1965 June-Dec *105'/a *101 ApriZ-Oct ■ First and A Income Morris refund M 93% & due division Ess'ex Irust series C 4-6s May-Nov May 1 5 95 First First Denver First 93% Power & Light 3s 1973— mortgage and coll trust 3'As mortgage and coll trust 27As '<• 1979_Jan-July 3 81 86 61 4 59'A 63% 2 65% 68% Rio Grande Western mortgage series'A (3'A Denver & Income 1 (/o Salt and _Jan-July -96% 97 .'"'75% J' 76 < 76 '. v 34 C 95% 97'A 69'A 76 9 91% 2 104% 107% 19 106% 107% 13 102'A 103'A 144 112'A debentures Mack gold first 4s gold Tunnel see I 1982_May-Sept 1958—T 4s 1995— & footnotes lien 1966 series page 23 —June-Dec 113% 1995—June-Dec . 4'As 91'A 1961 Afay-Nov 91%. 113'A 114% 115 *68 June-Dec *67'A 103' 1976—Mar-Sept first gtd gold 2%s 1978 4s mortgage Kansas City 3%s 1990_Apn'Z-Gct 1976 series B 1950 April-Oct 100 A , ApriZ-Oct June-Dec April-Ocf 1 1961 *104% 1968— Terminal Ry 2%s 1974 unguaranteed *103'A 103% June-Dec Kentucky Central gold 4s 1987— Kentucky & Indiana Terminal 4'As Stamped 1961 , 1961— *82 June-Dec * Sbuthern Ry 1st 3s First mortgage 4s series A 1975 : Jan-July 1961_Jan-July Jan-July Jan-July .' Jan-July Kings County Elec Lt &• Power 6s 1997—April-Oct Koppers Co Tirstr mortgage 3s 1964.* —April-Oct fAKreuger & Toll 5s certificates 1959—Mar-Sept Laclede- Gas Light 4'As conv debs Lakefront Dock & RR Terminal— First mtge Lake Shore 3'As 76 102% 103'A 103'A 104'A 104'A 105 *104'A *102% *114% *— . < — 100 A 2 100 ia 100 372 20 103'A 105% 105 105'A 103% 103% — 103% __ ; • — — 35 *100% *— . 100'A — 108 — *98 97 *181'A 185 104 3 • 4 C7'A 16 67'A 102'A 103'A — 97% 181 Va 181% 104% 1 104 104% l'/a 117 1 l'A ho 114 115'A 117 12a sink fund 3%s series A 1968_June-Dec & Mich registered Lautaro Nitrate AFirst 1963—Mar-Sept 1 South gold 3'As 1987-June-Dec 91 92 June-Dec 1997 Co *— 90 June-Dec 94 94 5 — 89% 1975 3 94 84 90 90% 94 Ltd— mortgage inebme reg - 100'A 93'A 102% 103 G 2%s Mich City 4'As 3 107'A 107% series refund Terminal For April 1993 Kansas Plain 104% 104% convertible & " ,105 refunding 3s series H 1970_june-Dec and ASecond -- . 105 —.Jan-July May-Sept Detroit Edison -3'As General " ;— -- - Lake— mortgage (3% fixed contingent interest) General — RR— fixed & mortgage First 'A 67 *106% 107 Va *104'A 1959_June-Dec K Kanawha 1st 84% '67 -April-Oct 1% contingent interest) 1993 mortgage seriesj A (4 'A % contingent interest) 2018 Detroit S93/a 1977_June-Dec & first 4s 104% 6074 A Income Detroit 104 19 84'A 61 2042—May-Nov Delaware Franklin & Clear Kansas City Power St Light 2%s 1973_May-Nov 1993 Jamestown Jersey Central Power & Light 2%s ' 5s mortgage Collateral 103% „ 104'A 104'A ip63_—May-Nov Lackawanna & Western RR CoYork Lackawanna & Western Div New 3s 103 — —A Delaware . J 7 """ June-Dec — 1965 extended 103'A Jan-July v Dayton Union Ry 3'As series B Deere 1975-April-Oct 22 (770) THE & COMMERCIAL FINANCIAL CHRONICLE Monday, February 20, 1950 NEW YORK BOND RECORD RANGE Friday BONDS New York Stock Interest Exchange Period Bid & Asked Low Lehigh Coal & Navigation Co— Sinking fund mortgage 3vas ser A 1970_Aprll-Oc# Lehigh Valley Coal Co— 1st & ref 5s stamped 1st & ref 5s stamped 1964 1st ft ref 5s stamped 1974 First mortgage 4 Vis extended to 94 „ High *82 % *_ 76% 82'/a 85% N 50% N Y N 101 Feb-Aug 69% 69% 69% 73% 74 consolidated Jan -Jul* Series A 4s fixed interest 2003 May-Not B C 5s fixed Series D 4s contingent Interest Series E 4 Vis interest 2003 contingent 2003 Interest F 5s contingent interest Valley Terminal Ry— First 60'A 61 65 Norfolk 74'A 56% 15 60'A 18 64 Vi 64'A 5 55 % 53% May 2003 37% 36% 37% 149 33% 38 May 42 % 40% 4 2'A 82 36% 42% May 2003 45 44% 45 36 40 45 mortgage 5s extended to 1979 Aprll-Ocf Feb-Aug *120 Feb-Aug *105'A 105 Vi Little Miami A Lombard general Electric (Pi debentures 3s Louisville First 21 74% 122 Vi mtge 27/eS mtge 3%s ser H 2003 gold 3s 1980 F 2003 April-Oct 105% 105 105% General 105 G 2003 ser April-Oct April-Oct Mar-Sept second Cincinnati Div 4s Louisville Gas & Elec 1st 1955 83 102 Vi 96 Vi 14 84 >A 102 2 103 * May-Nor mtge 23As 99 3 8 83 43 100% 107% 102% 4Vis trust M (R Central First H) & Co 27/8S RR Manati Sugar 4s Manila RR debentures 4%s series A mortgage & 1972 *102 June-Dec 72% sinking fund Feb 1 1957—May-No* (Southern Lines) 4s Dept Stores 2%s debentures 1972 Jan-July Corp first mortgage 3s 1966 -June-Deo Metropolitan Edison first mtge 2%s 1974__May-Woo Michigan Bell Telephone Co— Michigan 1988 90 2 *102Vi April-Oct 72 • 94 88 Vi First 100% 107 % 102% 5 17 74 103% 107 107'/a .106 106% 7 107 107% 17 88 2 130 133% 114 114 107 107 24 108% 112 1 106 % 107% ■ __ 107% 92 130% — -- 64 65 — 15 *59 __ 92 — 64 70'A — 64 66 87 94 7 86 89% 95% 8 93 97% 94% 94% 26 104% 105% Vi 104% 87 94% — 45 *102% Feb-Aug 93 97% 104% 105% 102 A — 102% 103% April-Oct Jan-July *104% __ 12 102 *99% 103'A 102 102% — *102% 102% — 102% __ —— „ — — — Mar-Sept 1979 -May-Woo *107 — 107Vi 107% — 107% O 101% tOgdensburg & Lake Champlaln Ry— § AFirst guaranteed 4s 1948.; Ohio Edison first mortgage 3s 1974; 107% First mortgage Oklahoma 101% 12 87 Electric 2%s ft Gas 1975. 1979 13 Vi 12 13'A 105 106% 101% 101% 3 101% 102% 102% 102% 1 102 102 % 103% 104% 105% 105 Vi *106 — 166 Vi 104% 104% 104% Oregon-Washington RR 3s series A 1960—April-Oct 109% 101 *12% Jan-July Mar-Sept April-Oct Feb-Aug June-Dec June-Dec 3 Vis 1978 First mortgage 3s 109 *102'A 2%s 1975 First mortgage 102 84% 89% 109'A 109% - 74 — 55 ' 109%' 13% — *102 *85% 47% 16% 90% *99% i_ 1975 3s 1979 Telephone— Bell 3%s debentures Central— Lans & Sag 3 Vis 1951 Mar-Sept gold 3Vis 1952 May-Nor Refunding and impt 4Vis series C 1979—Jan-July Michigan Cons Gas first mtge 3Vis 1969—Mar-Sept First mortgage 2%s 1969 Mar-Sep» 42% — 106% 106% 2%s 1979 Feb-Auy first mortgage 2%s 1977—April-Oct Northwestern 76 54% — 106% 1G 46 % 108% 109% 64% Mar-Sept 1978 3s First mortgage 102% 88 Vi *107% First * ' 29 101 ' mortgage 3%s 1969 37/8s sinking fund debentures 1967 t§ AMidland Minnesota St First A 2 noovi ioi'/4 Jack Minn 21 *56% May debentures 102 Vi 73 94 89 Vi 89%' 1959—„May-Noy Mead 3'/aS 103 72Vi .94 1954_June-Dec __ 105'% *110 ~ mortgage (Wisconsin) May-Wop 1960 4s series B con 130 Quar-Feb first mortgage 23As 1974 mortgage First Macy • , *115 Quar-Jan 1975 First mortgage 2%s First Maine 3% 63% Power Co— States (Minnesota) 108 Vi 102% 102Vi 107 91% registered Northern 102 1997— lien 3s Jan 1 2047 Collateral 104% 95 107% 108 1979—May-No® *105% Quar-Jan 1997 4s registered 3s 88 Vi 100% 57 12 *107% 107% 2047 Quar-Aug Refunding and improve 4 Vis ser A 2047—Jan-July Refunding and improve 5s series C 2047—Jan-July Refunding and Improve 5s series D 2047—Jan-July lien Prior 4s 99 Vi — 102% 102% 107 y2 1974—Mar-Sept 105% *105 1 102% Pacific Ry— Northern — 105 *72% — first gold 4s 1996—April-Oct general & ref 5s 1974—Mar-Sept Central 61 9% 3 102'A Co— Ry 104% 105 *13% mtge 5s convertible inc 2014—April-Oct General and refunding 4 Vis ser A 77 RR— ser 46 Vi *17% -- Western Ry & 9 High 7'% 122 % *60 _April-Oct mtge 3%s & 75% *102V4 Feb-Aug refund Atl Knox 75 June-Dec 1963 Div 75 May-Wop 1952 1951 refund First and Louis 1962 A A 5s refund and First and St series Nashville & series 4s 7s debentures Co Norfolk Northern Lexington & Eastern Ry first 5s 1965 Liggett & Myers Tobacco 5s 1951_ Lorillard Southern AGeneral 27 105% 105% § AGeneral gold 5s 1940 57 3 % Low RR— 53% 70 72'A 3 " Jan. 1 Wo. 64 *99% Jan-July Corp first 3Vis 1963 Y 63 68% 5 59% o May-Nov Series Lehigh 55% May-Nor 4Vis fixed interest 2003 Series Steam Range Since Sold 8 61 Jan-July Feb-Aug Feb-Auy S A Terminal first 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 3Vis 1966 Mar-Sept 24 bonds— Series & §ASecond gold 4Vis 1937 1974 mortgage Power Susquehanna ft Western § AFirst refunding 5s 1937— JN Lehigh Valley RR— General Y Bonds High 102% 102% 3% 75% 100% Range Friday's Bid & Asked 7% 102% 7 84% 76 June-Dec 1955 AGeneral 4s 94% 7% 4s June 1992—Mar-Sept Y Ontario ft West ref Light 1st mtge 2%s 1975—Mar-Sept Y & Putnam 1st consol gtd 4s 1993 April-Oct Y State Electric ft Gas 2%s 1977 Jan-July 2 or lie Price _ 100% 100% — Week's Last Period Low N Feb-Aug Lehigh Valley Harbor Term Ry— First mortgage 5s extended to 1984 Lehigh Valley Railway— Low Interest BONDS Jan. 1 Sold No. *95'/a 100% 17 New York Stock Exchange JAN Feb-Aug Feb-Aug 1954 FEBRUARY ENDED Ranre Since Bonds * High WEEK Friday Week's Range or Friday's Last Sale Price FOR of N J'> first Mining & Paul & Missouri Mfg Saulte mortgage General 4Vis & lien 40-year Prior 5s 4s ACum 61 Vi April-Oct 106'A 61% 10 *103 '/a 104 B series A Jan 1871—May A Jan 1891—May ser 1990 *85 106% P 61% D 87 Vi 84% 49 Vi 80% 41 77% and refunding and refunding First and refunding 85% First Jan-July 89 89 Jan-July 1978 90 *78% 27 series Jan-July A 78 Vi 78 Vi 7o Vi 1 1967Aprii-Oct 73% 75 77% 39 1965—Feb-Aug 98% 98 98% 69% 69'A 70 V4 98 97% 98% 166 93 99 99% 54 38 37'A 38% 314 Jan 84% 75 24 93% 100%- 63 Vi 74% 52% 94 and refunding and refunding First and refunding 82% 301 refunding First 82% 72% refunding and First 81'/a and First 92% 74 80 First and Co— *105% 107% refunding 3%s series I First 54% 79 Vi 80% 6 and First 87% 52% Mar-Sept 5s ft Electric Co— Pacific Gas 103% 52 Vi June-Deo 1962 RR 55% 103 — First 1962 series Pacific __ *105% 106% April-Oct 1967 . Marie— inc A adjustment tMissouri *102% Jan-July . RR— series 4Vis Mar-Sept 1940 Texas first 4s series lien St 4s Missouri-Kansas-Texas Prior 5s 2%s inc mortgage Kansas ext ' refunding 1966—June-Dec 3s series J 1970 June-Dec 3s series K 1971—June-Dec 3s series L 1974—June-Dec 3s series M 1979—June-Dec 3s series N 1977—June-Dec 2%s series P 1981—June-Dec 2%s series Q 1980—June-Dec 3 Vss series R 1982—June Dec 3s series S 1983 June-Dec *105% 106 105% 106'A 106% 106% 3 105% 106'A 106% 106% 106% 6 106 107 106% 106% 1.06% 26 106 106% 106% 106% 3 106% 18 101% 102% 1 103% 104% lOGVi 106% ■ —' 101% 102 104% 104'A *105% 106% — 105% 105 >/4 105% 106% 1 104 % 105% 100% 100% <10 100'A 100% 103% 103% 17 103 103% ' AFirst ! : and A General refunding 5s 4s AFirst and AFirst and series A 1975 refunding 5s series F 1977__Mar-8ept refunding 5s series G 1978—May-Wop § A Convertible gold 5 Vis series A 1949 May-Nor , . Pacific Tel 2%s debentures & Tel 1985-—June-Dec debentures 1986 100% 3Vas debentures 1987 3%s debentures 1978 April-Oct Mar-Sept 3 %s debentures 1983 103% April-Oct 101% 33% 2%s Mar-Sept 40% *105'A 107% 105% 105 '/8 107% 107% 105% 5 107% 1 105% 105% 107 105% 106'A ' AFirst and AFirst refund and Mohawk & Ry (John) first 99% Feb-Aug 98% 1991 B 1966 Feb-Aug 99% 100 *61 Vi Construction mtge 4 Vis States Tel debentures & series Tel 1986 55% 79 1955-May-Wo® 1955 May-Nov B 2%s 74 79 76% 80% 76 Vi May-Nov 93% *105 April-Oct 56% 3 67 30 76% 15 99 Va 39 106 __ Pacnic Western 92% 100'A Paducah & 111 1st sink fund gold 4%s Nashville First Chattanooga mortgage National Dairy 3s Products debentures 3s Nat'l Distillers National Steel St & series 102 54% 75% 81% Pennsylvania Glass Sand 3%s 1960 Pennsylvania Power ft Light Co— S9% 23As debs 1970—June-Dec 3 Vis debs 1974__Aprfl-Oct 1970 103 * June-Dec Products Corp first mtge 3s 8 93 1965 April-Oct 13 103 103% June-Deo *101 May-Nov 119 106 First 4Vis B 1961 debentures 1982 April-Oct 3s debentures 1974 Mar-Sept New Jersey Bell Telephone 3%s 1988 N Junction J New Jersey RR New Orleans Orleans & first 4s 1986 Light & 3s 1974 Great Orleans tNew Nor 5s A Northeastern Term Orleans AFirst 5s series 4Vis 1983 3s gtd 4s Mexico D Pere A of 4s Philadelphia General York Central Consolidated 106 April-Oct 100 Vi Feb-Auy 100% 99 Vi Feb-Auy 93 100 % 100 Vi 39 99 Vi 100 11 N Y Central & General series 3 Vis Lake registered Shore 98% 12 5 3Vis ^ registered 1967 1974 First and refunding 2%s 1978 1998 Vi 102% 101 Vi Consolidated Consolidated 61'A 65% 145 67% 71% Jan-July Jan-July 80 Vi 80 Vi 80% 2 79% 83 74 78 Feb-Aug 58% 57% 58% 15 57% 61 Pittsb 53% 56% 59% 52% 55'A 102% 103% 98% 99% 3%s debentures 1965-. —Jan-July Pittsburgh Steel 1st mortgage 4Vis 1958—April-Oct Pittsburgh & West Virginia Ry— First mortgage 4%s series A 1958 June-Dec First mortgage 4%s series B 1959 April-Oct 94 95% 1998 *75 *54%. Feb-Aug 57% Feb-Aug — 57 Vi *53 * 104 78 60 57 Vi 60 — 10 — 104 Vi 99% 99% 39 54% 93% 94% 4 100% 101 12 58'A 62 Jan-July *95 B refunding mtge 4s mtge 100% t 101 % 100% First For River & Port mortgage footnotes 4s see 100 94 May-Nov 74% 74'/a 74% 26 -- 79% 79 Vi 3 73 104% 102 Vi 103% 103% __ —— 6 — — 8 9% 8 8% — — *106% i „ *103% .... *111 Vi — 103 103% — — ... __ __ 106% 106% .. Ill'A 112% — 67% 194 64% 68 47% 416 44% 48; 105'% 106% First Chem 5s series 1st mtge 102% 102% 6 Youngstown ft 1975 3%s 4 %s series C mortgage April-Oct April-Oct 111 15 103% 106% 86'% 9 103% 1962 94% 86% 100 101% 102% 103 10 101 102 % 94% *94 95 Feb-Aug 1974 83 1 101 ». —April-Oct Ashtabula Ry— 95 101 94% 1 95% .... 95 3 94 96 »A 94 Vi 96'A 93% 96'A June-Dec general 4%s series D 7 *102% 103 — I960. series B 106'A 86'% 101% 101% 1964—May-Nov general 5s Co 5%s Income Power 1st First mortgage 8 Vis 1977 debentures June-Dec 101% 103 ' *108'% ~ •' — — 108 108 — 1964—Jan-July 100% 100% 1966—.Jan-July *105 Feb-Auy Jan-July mortgage 2%s Terminal 3Vis 1977 mortgage 3s Providence mtge 1983— First First 102% B general 5s series C Pittston , Chester— May-Nov ill — 105% & Potomac Elec A 2007 *111'% — — 79% 66% *102% mortgage 3%s series E 1975 First 74% 77% 47 1 23 103% 103 103% 101% mortgage Coke First 47% 1954 103 *100 — 105 Vi 106% Pittsburgh 95 67 Vi page 103 9 10 105% First Jan -July ser 104% — General inc 4Vis series A 2022—May conv 106'A 103% 8 *8 109 2 10 *8'% - 110% 104% 103% *104 103% 22 104Vi Cine Chicago ft 6t Louis RR— General mortgage 5s series A 1970 June-Dec RR— AGeneral 17 % 102 Pittsburgh 99% May-Nov Hartford First and Harlem 1973— 1973 & 61 107% — General 100% *100% 2043— series 15% Pittsburgh Consolidation Coal— 56 59% *94 Vis 57% 310 — 103'A 103% *103 „ guaranteed 4%s ser J 1964_May-Nov 187 70 Jan-July Y New Haven 31 103% 104% „ guaranteed 4s ser G 1957—May-Nov guaranteed 4s ser H 1960—Feb-Aug guaranteed 4%s ser I 1963_Feb-Auy 63 Va 2043 4 103'% 104% 105% 104 Feb-Aug 69 Va Mortgage 4s series B ' *110% *109% Pittsburgh Cincinnati Chic & St Louis Ry— Consolidated guaranteed 4s ser F 1953—June-Dec ' N 83% 134% 100 62'A , A 103 105% - 69% 59 Mortgage 4s series A series 103 deposit 63 registered 1998 Feb-Aug Chicago & St Louis— Refunding mortgage 3 Vis series E 1980—June-Dec » First mortgage 3s series F 1986 April-Oct N Y Connecting RR 2%s series B 1975 April-Oct N Y Dock first gold 4s 1951 Feb-Aug N Y & Harlem gold 3 Vis 2000 May-Nov West 4s of April-Oct 3Vis & 81 16 1st sink fund 4s 1937—Jan-July t§APhilippine Ry 59 Vi Michigan Cent collateral gold 3Vis 1998 Y Lack 97% 97% 101% ' Feb-Aug RR— 3Vis 94 100% 6 15% May-Wot? Feb-Aug 2013_April-Ocl 1997 gold 58'A 15 Vi ' Consolidated 1998 — 90 103% 107% 93% 26 57% June-Dec 101 100% • 50 15% May-Wot? 1981 97% 97% 104 115 104 33 *83% Feb-Aug refunding 2%s New York N RR refunding 2%s 100% 101 Vi 1997 collateral Wash Phillips Petroleum 2%s debentures 1964 88 101 Vi 101 Vi April-Oct River 3 Vis ft 1974. B refunding 2%s ACertificates 83 97 58% Mar-Sept Co— and 99% 103% 114 4 127 April-Oct April Feb-Auy 1974 and Co— Hudson mortgage I960— and 101 97% 97% — Pittsburgh Bessemer ft Lake Erie 2%s 1996_June-Dec Refunding and impt 4 Vis series A Refunding and impt 5s series C 2013 < external First 99 Vi 103'A 105'A June-Dec First 101% 103% 104% 100% 101 % 101 Jan-June 1963—: 103% 100 103'A 97 97% Jan-July 104% ■ 1954 A 102 Vi 106 Vi 107 % 97% 103 Vi 99% 1956 series 103 First 3 77 103% 10 114'% 114% 106 Vi 103 Vi 103% 103% ' — "l *103% 104% -- geld 4,/2S series C 1977 Jan-July Philadelphia Co collateral trust 4%s 1961—Jan-July Philadelphia Electric "Co— First and refunding 2%s 1971 June-Dec 106 100 % — ;103Vi Jan -July deposit RR 4s 4s Baltimore 5s 103% 104% 105 General 100% 100% 1952—Jan-July 1953 103 % — 104% April-Oct April 1990 Consolidated New 1 1984 Marquette Ry 3%s series D 1980 — deposit series A & Eastern — Ry— deposit of ACertificates 105 *105% 68% 102% — April-Oct Peoria & Pekin Union Ry 5 Vis 105% 104% 1071i 23 ~ ft Coke Co— convertible debentures Peoria *75% Jan -July 1956 series 5Vis 119% deposit C of ACertificates AFirst 118% 105 * 77 June-Dec mortgage 3%s series F 1985 Peoples Gas Light RR— 1954 of ACertificates AFirst & B ACertificates AFirst first Texas series 5s 119 *104 Vi 105 _Mar-Sept Refunding and impt 4Vis series New 101% *105V2 1057/8 Jan-July Feb-Aug gtd Power New 104 Vi 101 AIncome series 3s „ 103% & Tel Co— guaranteed — June-Dec 1968 B Convertible debentures 3 Vis 1952 General 104 101 Vi series 1965 4%s series D 1981 General mortgage 4 Vis series E 106% 1.05% *102 May-Nov 106 106 104 Supply 2%s debentures 1967 Naugatuck RR first gold 4s 1954 National New England Tel 4Vis series A 5s General 94 Vi 105 Vi 106 *105 June-Dec 1975 April-Oct 3s sinking fund debentures 1965 _April-Oct Pennsylvania RR— Consolidated sinking fund 4%s 1960 Feb-Auy 103% 103 *103% First mortgage 3s 105 94 Vi 73 Guaranteed 4s series E trust ctfs 1952—May-Nov 78 72 93 Vi 105 77 Sept 1 I960—April-Oct A3 %s convertible inc debs General 94 Vi 94 Vi Feb-Aug —- -- Pennsylvania Co— 57% General 1986 *104% — Airlines— Pennsylvania-Central 103% 102 Louis— B 1955_Jan-July — 50 N I *100% 1964—June-Dec 102 56 i- Oil 3%s debentures 93% 103% 102 102 56 A 1978 65 *104 3s debentures 1958 May-Nor guaranteed 3Vis 2000_June-Dec series 39 98% 98 Mar -Sept series 3 Vis 4s mortgage 5s 3 Vis April-Oct gtd Construction Mountain 1980 & Co. Morris & Essex first ; H ser refunding 5s series I 1981 Malone Monongahela Morrell gold 5s 1984 4s 1956 ~1 99% 100% 105 105% 105 105 105 *107 *105 -- 106 *98 103 — May-Nov Mar-Sept -- 4 — — — Volume'171 Number 4883 THE COMMERCIAL & FINANCIAL CHRONICLE ' 23 (771) NEW YORK BOND RECORD RANGE Friday BONDS New York Stock Public 3s Interest Exchange Last Period or Sale Price Gas 1963 May-Noo refunding mortgage 3%s 1968-Jan-July refunding mortgage 5s 2037—Jan-J.uZj/ First and refunding mortgage 8s 2037—June-Dec First and refunding mortgage 3s 1972__Mai/-Nov First and refunding mortgage 2%s 1979-Juue-Dec and Quaker Oats 23/«s ENDED 1964. 17 *1093i No. Low Texas Pacific-Missouri 105% 109% 151% 151% Term 105 Ve 101% 102 Vi *105 New & Ohio Cent Tri-Continental ref 3%s 1974 June-Dec 1960 Rochester Gas General & Electric mortgage 3%s 1973 series 2%s Corp debs 1961 April-Oct 93 Vi 105 D 1977—Mar-Sepf mortgage 33/4S series H 1967—Mar-Sepf General mortgage 3Vis series I 1967—Mar-Sept General mortgage 3%s Series J 1969—Mar-Sept tARut-Canadian 4s stamped 1949 Jan-July tSARutland RR 4Vis stamped 1941 Jan-July 93 105 >4 95 Vi 104% 2% 105% St Lawrence Second St & gold Adlr 6s 1st gold 6s 1996 1st mortgage 4s 106% ASecond St 8 Vi mtge inc 4Vis series bond certificates 4s A Jan 8Vi 8 8Vi 21 Vi *104 series A 1996— 3s 1974 92 66% tSASilesian-Amer Skelly Oil 2%s Socony-Vacuum South & Corp coll debentures trust 7s Ala RR 1965 5s debentures 2Vis debentures Southern Indiana 1987 Ry 2%s Southern Pacific Co— First 4Vis (Oregon Gold 4Vis Gold 1994 Lines) A 1969 4 Vis 80Vo Devel and general 1956 and general 6s series A 1956— and general 6Vis series A 1956 Devel Devel Memphis St 4s series A Louis Dlv Div Southwestern 3 Vis first first Bell gold gold Tel debentures 23/4S debs gold 4Vis 2013 Standard Oil of California 2%s debs Swiit & Co 2 Vis 2%s debentures debentures 1973 101% 105 79% impt M 4s series C 2019 and impt 2Vis series D 1985 Texas Corp 3s debentures 1965 Texas & First refund M and refund M & Pacific General and 3Vis 3%s first gold refund M series B series C 5s ref 1995 3Vis series E 91% "i 105 102 % 103% 4- 97 % 105 105 102 Va 3 *105% 106 Va — 118 103 >4 -• *■ „ 117% 118'4 175 114% 118 Va 116% 117% . rll6% 77 116 % 118 *104% 105% *101 90% - - 103 Va 90% *104 • 88 >4 9 300 103 >/a 103 Va - 90% 100 1973_April-Oc< C ser A 94 95 92 Vi 97 103 93% 93 Vi Power Shore first 114% 95 * 54 92% 103 . 2%s 103 30 105 >4 0 91 % 101 99 104 104>4 105% 109 105% 106 101% ~2 101% 19 102 103 Vi 106% 107 48% 12 *103% 104% 97% 98 19 103% 103% 45 40 97% 103 A 1967— series I 1966 guaranteed 2 102 102% 91 1 90 : 78% 91 51% *101 Jan 4%s 6 • 106 — mortgage 106 IO6V4 61% 58% 34 58% 12 Apr-Oct May 104% 104% 104% *101% 102% May-ZVou 100tV 100 100% 100% 100% j 89% 1950 — of Service Jan-July 1992 109 June-Dec 100 102/a 100^ 36 99% 91% HI ,.85% 18 101% 102/a v 265 106% 109% *— — Mar-Sept 101% 102% 103'% 100°a 91% . 4 ' 102% 103 12 ' 102% 103 7 __ Jan-July Jan-July 1936—May-Nov *11514 75% June-Dec 1971 76% — — — — Jan-July 114% — 74 — -- 100 /a -- — 107% 107'% 44 4 100 3 ,• -- 41 — ■ 77 — 8 100% 100% — „ 103 U4% -- 44 103 102% 28 — 43% 102 — 43 — — Mar-Sept — -- , 101% 103/a 4 \ 103 103 —Jan-July 4s — — Jan-July ApriZ-Oct , 1976 3%s 10 , 1979 104'% lOf^4 104 /» 101/a 101% 101% 107% 109 — 2%s 5 100 ^ 88% — deposit Power 59 /a 104% 55 ^ Mar-Sept 1958 first 63 2 101% — • 106 % 57 53 2014 105 106/4 3 102% 103% ,0® 104% — ,a 106 10®. -- 63 58 ' 62 52 101 103 105/a 1 : *104% 105% 106% 106% 103% 1973 3s 50,8 101 — *105% 106% — 106 4 102_a ' — 1952_April-Oct i debentures 103 /a *102% 103 — Jan-July Jan-July 8 —June-Dec estate 2%s Public 102 51 — — — May -Nov Jan-July 2361 general 4s 1949 Certificates of deposit Wisconsin 101 <% 73Va 1 103% 103% — Jan-July 1979—May-Nov 1974— 1971 Wisconsin Electric 101% V3 100 91 June-Dec 1951 first mortgage 2 4 Mar-Sept 5s ACertificates 1033/4 77 102 91 2000—Feb-Aug 1970—Feb-Aug guaranteed § ASu & Du div and term 98% 101 Vi A 1960 Co 78V4 77 102 ; April-Oct 1950 SAFirst 105 104 gtd mortgage 3%s series D 1967 & First 104 Vi 3%s series Winston-Salem S B first 4s 1960 J Wisconsin Central Ry— 50 104 Vi 3s 4s convertible First Wilson 78V4 100% 101 __ 100% May-ZVoo 1976—May-Nov 1970 Wheeling & Lake Erie RR 2%s A Wheeling Steel 3%s series C 1970 4 106 9 __ gold 2%s 3%s debentures 2.65s •t • v 5 105% 106% 5s ' — April Westinghouse Electric Corp— 120% 96 gold 30-year 96% 27 gtd 3%s and real 25-year 90% 95 April April 1991 registered 2361 Funding 95% 88% 96 Jan 3>/4S Western Pacific 4V2S income A Western Union Telegraph Co— 103Vi 88% B 1981— Maryland first mortgage 4s Gen mtge 4%s~4s series A 1969- 98% 55 Jan series 3%s Electric Penn 103Vi 98 Vi 95 V4 101 Vi 101% -- 107% 3 107% Y Jan-July *122% April-Oct May-Nov 105% 119% 104% 104% 105% 106 1985-Jan-JuZy 105% 99 Va 119 Va Electric Light & Power 28/bS Deferred a delivery sale year's range, 34 104 105 included 20 100 % 100% 99% June-Dec ser 98% 90 May-Nov 3>/4S stamped mortgage 4s 103Vi 48 1970.ApriZ-Oct 1990_ApriZ-Oct 2000 98 >4 "5 91% 105 103 Va April-Oct Western > 100 *107 Orleans RR— and First Texas New 97% —... mortgage Penn Yonkers and 96% *102 1975—Mar-Sept 1978—Mar-Sept T Refund 103 Va 7 97% 91% May-Nov April-Oct (subordinated) first West Terminal RR Assn of St LouisRefund 105 96 102 % . Terminal 83 60 93%: RR West 101% *104 103% 1 4 *98% 100% 102) • General 102% 103 Vi May-Nov 20 96% — 1955—Feb-Aug E ser debentures conv Ltg 5s West 101% 101 Vi 103 Vi Co Baking Co— Westchester 107 101 Vi 79 Vi *107% Jan-July Jan-July 1972 106 104 114% 115% 97% A 1957 1958 4>/4s Washington 99 Va " April at mtge income General 104% 1C3 (N J) debentures 2%s 1971—May-Nov 2%s debentures 1974 Jan-July Sunray Oil Corp 2%s debentures 1966 2 5s and ref 5%s debentures 103 93% 106% 103% 97% Mar-Sept mortgage 3V4s series B 1971 (HiramI G & W 2%s debs 1966 Walker 124 *87% 1966—Feb-Augf Standard Oil 98% 124 5 V 102% 96% ^ mtge Warren *95 95 3 103% 103 % Apn'Z-Oct mtge 3s series F debentures 1963 (Mar 4s income Walworth 99% 102% 25 28 97 Vi May-Nov first lien First 60 94 April-Oct ApriZ-Oct April-Oct 1983 ASpokane Internat refund mtge Ward 99 *100 Jan-July Jan-July 1985—April-Oct 1951 98 Vi 106% 100 1996 5s 4s 98 Vi 7 20 99% 79'% 115 105 102% 102% — 104 >4 W 82 Vi II *104 Jan-July Jan-July Jan-July 110% 103 % 0 Wabash RR Co— 101% 75% 101% 101% 97 Vi B „ 106 100 110 303 5 104% 104% Co— mtge 2%s Gen 100% 98Vi 99 Vi 1986—....Jan-July mortgage 2%s series F 1996 mortgage 2 Vis series G 1961 Southern Ry first consol gold 5s 1994 104% *123% 124 Vi 106% ( 110% 104% 104% June-Dec 1959 101 54 99Vi *103 May-Nov First 101 Va 106 59 Fran Term 1st mtge 3%s ser A 1975_June-Dec Southern Pacific RR Co— First mortgage 2%s series E First 99 Vi 105 Vi 178 81 99 Vi May-Nov 1981 refund consolidated First 8 100% 100% 9:1% 110 *103 104 % May-Nov 4s series series Power convertible First 119 103% 98Vi 1977———Mar-Sept San 26% 95% 101% — *102% Jan-July Feb-Aug Jan-July ..-.Jan-July 1985 gtd & Gen April-Oct Southern Bell Telephone & Telegraph Co— 3s debentures 1979: 2%s 118 Vi 10 *103 1963 1970 __ *123 Vi —.—June-Dec gtd 5 105>2.106 ~": 1941_Feb-Aug -Jan-July OH 2Vis 1976 North consol Virginian Ry 3s series B 118% 118% 300% 101 110 mtge 2%s ser G 1979—June-Dec Virginia & Southwest first gtd 5s 2003 Jan-July 94% 62% April-Oct 1971 debs First and refund 122 June-Dec debentures 3VaS 205 80 Va 2%s RR Called bonds *107% 2%s 3%s debentures sinking fund First and 92 Vi 100% Oil 71 63 Jan-July Union €5 — 92 mtge 4Vis series A Jan 2016_Jan-July (Jos E.) & Sons 2Vis 1966— June-Dec debentures Shell *100 Feb-Aug 1991_Mar-Sept America,..2%s 1966 April-Oct of Electric First and 62 Vi May-Noc AGeneral Seagram 74 104 92 Depot 3Vas B 1971— April-Oct Scioto V & North Eastern first gtd 4s 1989_May-Nou Air Line RR Co— 4s 103 Vi €3 Seaboard mortgage Virginia 104Vi *68 Second 4s inc bond certificates Nov 1989_Jan-July General and ref gold 5s series A 1990 Jan-July St Paul & Duluth first cons gold 4s 1968_June-Dec St Paul Union First 57 >/a 92 — 10 Vi 2 Consol Jan-July 2022—May 1989 < 8 Va 8Vi *72 Louis-Southwestern Ry— First *95% May-Nov 107 Vi *100 1997 A 22 Vi 1976 Universal Pictures 1 8 Vi —April-Oct series 52 81 1975—April-Oct 2%s debentures 19^/6 debentures 1967 2%s „ 107Vi 107Vi 1955_Jan-July Louis Rocky Mt & P 5s stamped Louis-San Francisco Ry Co— St 103% 81 25% .Mar-Sept Rubber S — *106% Mar-Sept Jan-July 1996 103 V8 56 23 % RR— debentures Vandalia 1971 High 53 Refunding mortgage 2%s series C U *106Vi SVi Pacific s United Biscuit Co *120 Vi S A Low 103% 103% 1971—_May-Nov 2%s Union 93 General Saguenay Power 3s series 1 Jan. 1 No. 53% I960—June-Dec and impt debentures 1968 Union Oil of California Corp— 4 Vis Range Since Sold 23'% April-Oct Union Electric Co of Missouri 3%s First mortgage and coll trust R Tobacco 3s debs Bonds High U .Jan-July Reading Co first & ref 3%s series D 1955—May-Nov (R J) Range Friday's Bid & Asked Pacific— Orleans 3s Reynolds or Sale Price Ry first refunding 4s 1960—Jan-July 105 .Vi *101 Vi 102% of Ave AAdjustment income 5s Jan 106% 105 % RR Ihird + To! 106 Vi — Last Period Low 230 *106% Interest Exchange High 104% — *221 BONDS New York Stock 109 — *151% Week's Friday Jan. 1 Q debentures FEBRUARY Range Since Sold ,*104% 105 Ve and WEEK Bonds High Co— debentures First First Friday's Bid & Asked Low Service Electric & FOR Week's Range 105% 106% not included the Bankruptcy Act, 10 99% 5 *129% 130% 104% 105 % — — 46 100% 99% 130% 103% the in the year's n 1976_Jan-July included in the Under-the-rule 106 range, securities or *99% — year's sale Ex-coupon. ^'Negotiability impaired by maturity. JCompanies reported as being in bankruptcy, 101% 101 128% in not not 99% — d-Ex-interest, range. included in the e year's Odd-lot range, sale Cash r not sale y assumed *Friday's bid and asked prices; A Bonds selling flat. no . receivership, by such or reorganized under Section 77 of companies. sales being transacted during current week. NEW YORK CURB EXCHANGE WEEKLY In the following extensive list furnish we AND YEARLY RECORD complete record of the transactions on New York and ending the current Curb Exchange for the week beginning on Saturday, Feb. 11 Friday, Feb. 17. It is compiled from the reports of the Curb Exchange itself, and is intended or bond, in which to include every security, whetber.stock any dealings have occurred during the current year. a RANGE Friday Week's Exchange Range Shares Par ACF-Brill Motors warrants Acme Aluminum Acme Wire Co Adam Aero Hat Alloys Stores 10 Inc — _ . _ Agnew Surpass Shoe Stores. Air Manufacturing Associates Inc (N Low 35 1 4^8 0 1 8 22% 4.— 4% 1% 3% 23 Alabama & Power Airlines Fisher common- —5 J) 4.20% Inc 101/2 100 Bros $3.75 Co _ . Co cumulative Jan American 1% Jan 2% Jan 1,000 American Cities Power & Light— Class B 10% Feb 800 . 8% 200 7% Jan 8% 1,000 7% Jan 101 1 4 Vi 4 Va 101 4% 50 80 Jan 25 99% Jan 4,800 __ ... 3% 18 1 ,— C Va 3% 100 55 Aluminium Ltd 53% 101 Va 100 * 6% v common page 27 25 3h 46% 46 86% 101 51 % Jan 96% Jan 100 24% Jan $2.50 convertible Hard 1 American Feb American Meter Co Feb American Natural Jan 6% 100 C% Feb 8% Jan 46% 1,800 45% Feb 49% Jan American Class Potash 8 76% 9 >4 High 1,600 13% Jan 2,300 ra Jan T®5 1 Va 300 1 Ve Jan 1% 30 76% Feb 300 8% Jan 77 9% Products 14% 81 9% Feb Jan Jan Feb & 2 115 Co Chem common 6^c pfd class A 2% Jan .1 34% 34 % 34 % 75 34 % Jan 35% Jan ' 39% 39% 25 39 Jan 40 Jan ^ 11% 11% 150 10% Jan 13% Jan , — 1,300 2 Jan 2% 19% 20 Jan 21% 16% 16% 16% 1.500 16% Jan 18 Va Jan 3% 3% 3% 10,800 .3% Feb 4% Jan 350 19}% Jan 2 15% 14% 15 3 4 3,400 13% 49 >4 48% 49 >4 1,000 47 Jan 49 >4 Feb — - — 34% Jan 37 Jan • • 10 \ ' 2% 25 25 ' >8 1 com ) ? Feb • Gas Republics Jan 114 20 Maracaibo Co P American 1 > — Low 14% % 1 25 American Metal 55 14 1 1 Co American 26 % 10c preferred Rubber Jan 101 >4 14% Range Since January 1 High 100 American General Corp common $2 convertible preferred American Low Electric— Jan 6 600 & Feb 6 Jan 9,600 Jan Gas preferred Va Jan 6 25% Feb Shares 1 100 18% 5% 00 Jan Book Co Laundry Machine American Manufacturing Co 16% 101% 4% % Jan 4 200 Jan American Feb Feb 4% 150 » - Jan 8% 6% — -100 3% Jan Jan 8% 18% „ common. preferred see 4 12 for Week 15 Jan 2 86 % pfd conv 5% 8 % 85% 5% 23% 8 J."""' Filter Jan * footnotes American Bantam Car Co class A American Beverage common— 8V4 Aluminum Goods Manufacturing Aluminum Industries common For Jan _1 common of America 4 Air Jan __ Aluminum Jan 8 Ml —50 common Altes Brewing Amer 21 200 10 "2 Jan 1 Allied International Investing Corp. ---1 Allied Products (Mich) common 5 Altoier 10% 1'4 4V4 4% Sales Range of Pi ices Par Jan 3 -- __ preferred— -100 __ High Week's Last Exchange 3 700 „ Alabama Great Southern Alaska New York Curb 1% * Air-Way Electric Appliance Alles Friday Sale Price STOCKS Range Since January 1 High —— Ainsworth 17 . _ Supply Manufacturing Low 1 — common FEBRUARY for Week of Prices ENDED Sales Last Sale Price STOCKS New York Curb FOR WEEK 29% — 29 29:% 350 2-3% 30 29 30 3,000 26 28 % 27 Va 29 3,200 27 Jan Jan 15% 29% Feb Feb Jan % 30 Feb Feb 33% Jan & FINANCIAL CHRONICLE THE COMMERCIAL (772) 24 RANGE EXCHANGE CURB YORK NEW Monday, February 20, 1950 WEEK ENDED FEBRUARY 17 FOR Friday 1 New York Curb Exchange Seal-Kap Superpower Corp common $6- series preferred . Anchor Post Anglo-Iranian Amer Jan 3% £1 1 Angostura-Wupperman Manufacturing Co Appalachian Elec Pwr 4%% — 3% 1 100 > pfd -- 110 U Feb Jan 116% Jan 700 4% Jan 131 4% Jan 700 6% Jan 6% Jan 6 100 5% Jan 6% Jan 7 300 6% Jan 7% Jan 12% Jan 13% Feb 2% Feb 3% Jan 500 6 Va Jan 7 7a 40 Jan 109% Jan 3% Jan Jan 112 3% 2,200 3% • 10% 10% 11% 4,300 10% Jan 12% * 11 Va 10% Jan 12% ■J°n 10% 11% 10% 25,100 10 10% 10% 6% preferred Arkansas Aro a Power & Equipment Ashland Oil $1.20 dep Associated Atlantic Atlas Corp Atlas America of Line U&II ii% 21% Jan 22% Jan 1,300 24 Jan 25% Feb Jan 9% Jan 10% 10% 600 % 400 425 41% Jan 67% 500 2% Jan 3% Jan Colon Plow Co 2% 25 50 50 Jan Feb 50% Jan 6% Jan 17% Jan 5 16% 5% 16% 6'A 16% 1,800 15% 6% 5!A 6% 3,200 5% Feb 6% Feb 8 Jan 8% Jan 7% Jan 9 Jan '* 8% 8% 8% 300 .5 7% 7% 7% 300 25 20 12% 3 12% 19% Jan 22 Jan 5,900 11% Jan 13% Feb 20 12 25 Hotel Vtc ext to 4% Wilcox 54 56 36 36 36% 150 10 Va 10% 900 - 1,600 52% Jan 36 Feb 57% 30 Co 1 common. — — — "4% Inc 6% Benrus & 1% Jan Feb 78% Jan 16% 8% 38% Jan Jan 900 xl5% Feb 16% Jan 13% 100 12% Jan 13% Feb 16% 17 450 16 Jan 17 Jan 2% V 3% 15,800 2% Jan 3% Feb 2 2% 13,400 1% Jan 2% Jan 7 Va 100 6% Jan 7% Jan 29% 1,900 28 5% 43 % 4% 27 Jan 31 Jan Jan 8 Jan Jan 14 x41% 6% 4% 6,300 Jan Jan 6% Feb 4% Jan 5% Feb x41 300 4% Jan 6.50U 39% Jan 6% 1,100 6% Jan 6% Feb 41% 6% 25 10% 100 33% Jan 43% Feb 9'A Jan 10% Feb 46 5% Jan Feb 46 74% 100 113% Utilities 1 1,400 2,300 69% Jan 240 113% Jan 116 Jan 108 Jan 14 Consolidated Royalty Oil 14 4% 4% 100 4% 83% 85% 2,800 83% Feb 2% Jan 1% Jan 14% 3,400 _10 Continental Car-Na-Var Corp "l% 1 Foundry & Machine Co 14% 1 14% 1 % 500 14% 1,700 * —5c i7r ♦ Inc Reynolds common 10 Jan Jan 3 Jan 1% Jan 13% Jan 14% Jan 32 1,600 Feb 4% 88% • Jan Jan Jan % Jan 10% 1,300 11% Jan 7% 7% 7,600 6'A Jan 7'% Feb 17% 800 16% Jan 17% % 8% 42,000 5% Jan 8% Feb 42% 975 34% Jan 42'% Feb 1 8 6 convertible preferred 5% 14% Jan Feb 17% 7% 1 * common 50 42 37 Petroleum 12% 30 Co preferred class A 77% Jan 85% Liquidating Corp * Mining & Smelting Ltd—5 Paint & Varnish 10% 76% 100 Gas Continental 10% 74 113% 114% 104% Jan com__» Pwr Bait & 9% Jan Courtaulds Jan 10% 10 Feb Feb 4% Jan 4% Jan Ltd— American receipts dep Motors Inc Va "4% 7,900 _3% Jan 5 % Jan Crowley Milner & 6% 900 6% Jan 7% Jan Crown Cent Petroleum Co Cork Internat'l Inc Blauner's Blumenthal (H C) & Co prior Breeze Traction 1% Jan 2% Jan 3d % Jan 35% Jan Cuban 7% Jan 8 Jan 80 86 FnV) Curtis Lighting Inc Manufacturing Oil Celanese Class Distillers cumulative Rubber (E L) Mills Buckeye Jan 4% Jan 9% Co Jan 57 % Feb Feb 84 Jan Ltd Hill 57% 82 Piston 51 80 ;j 19 Jan 100 5 Jan 6,400 6% 5% 18% 6% 330 1,600 21 20% 5% 5% 18% 20% 18 16V2 Jai) 5 Jan 24 Jan 17 % Jan 5% 32 32% 60 22% 23'A 300 Feb 23 5% sJan 18% 6% Feb* Feb Jan 24 17% Feb Jan 32 Feb 33% 22% Jan 23% Jan Jan 8% Jan Jan 8% Jan 2.50 class — 1% 500 1% Jan 1% Feb 24% 24% 50 23% Jan 24% Jan 2% Jan 2% ■ Ring 5% 5% 16 Jan 1,400 5% Jan 5% Jan 1,400 14% Jan 17% Jan 900 17% 11,100 18% 17% 18 14 117a 5% 16% 14 12% 14 16 Jan Feb 100 6 6 Feb 19 Va Jan Jan 6 6% Jan • Co_ 11% 11% 12 600 11% Jan 12% Feb 2.50 Sullivan 15% 15% 15% 700 15% Jan 16% Jan 7% 1 Burma Corp Amer dep rets Burry Biscuit Corp $6 preferred—!—■ Atlantic Jan 3% Feb 6% 6% 6% 600 5% Jan 7% Jan % 5% 6% 4,600 5% Feb 6% Jan 6 ,—5 * 11% 11% 100 Feb 11% Feb 2% 2% 2% 1,200 2% Jan 3% Jan ♦ 2% 2% 2% 500 2% Jan 2% particA 11 11 common 1 • 53 Feb 51 53 120 50% Jan 19% 20% 6,200 18% Jan 10% 11% 150 10% Feb 12% Jan 14'A 14% 200 13% Jan 14% Feb Feb 53 21% Jan 2.50 common Co ' 19% 10% —10 5 1 Sugar 5 (Mo) 4 Jan 9 7% 100 7% Feb % % 49,700 A Jan % Jan 3% 4 % 5,600 3% Jan 4% Jan Ui 12%c Davenport Hosiery Mills Davidson-Brothers Inc 8% 1 10c *' —35 ._50c Mines Dennison Mfg class A common & Distillers 1 —.10 Products Steel Dominion Tar & 1 Bridge Co Ltd Coal & 36% Jan Jan X7% Jan 1% Jan 2% B X25% Jan 28% Feb 7% Jan 8% Jan 11 12% 15,200 10% Jan 12% Feb 10% 10% 100 9% Jan 10% Feb 1% 1% 1% 2,600 1% Jan 2% Jan 22% 22% 23% 1,700 22% Jan 23 3a Jan 11 '8 11% 100 Jan 12 1% 300 13% 13% 12%' Feb 135 900 11 1% 12% Jan 146 Feb 1% Jan 14% Jan Feb 3% Jan Jan 4 T ■ 37 3% 17% ^.25 Jan 38% Jan 300 16% Jan 18% Jan 100 23% Jan 9% 4,000 4 17% 3% Feb Ltd 24 Va Feb • 10% 10% 100 Jan 10% Feb f Chemical Co 72 JA 73 200 69 Jan 74 Feb 25% 26 200 26 Feb 29 Jan 85 Jan 89 Feb 24 % • common ___-x^xr; 1 Co Jan 50 300 ♦ class Dominion Textile Co Ltd Harris Feb 6% 7% 1 Co common Dominion Driver h 28'A . Domestic Credit C'oip class A Dominion Draper Corp 7 2 7% 7% %__• dep rets ord reg 4s Dobeckmun s in 2 7'A _i 1 Raynolds class B Co Ltd— American 9 ^ 100 Detroit Gray Iron Foundry Steel 6% 7 -_i 1% 5 x debenture Detroit Gasket & Manufacturing Detroit 34% 500 •100 2.50 common Inc.; Dayton Rubber Co class A Dejay Stores common I Day Devoe 1% 24% _• B Line & 1,275 20 56% 82 56% 1 common 2% Jan 10 common 1,300 Jan 7% __1 junior preferred Co Pipe Bunker 3% 400 • A 3 Jan 14,400 9 • Forman 13% 4 9 £1 class Power 2% Jan 3% 10s B Brown 7% Feb 12% Jan Ltd— Columbia 2% Jan 15 4 * dep rets ord reg British Jan; £1 Co dep rets ord bearer Amer dep rets ord reg Amer 200 52 Tobacco— Amer British 50 15% 8 • American 110 • common A British-American 800 9 1 Manufacturing Co 8 86 • Co Jan Cuban Tobacco common. 81 • Light & Power 1% 31% ' 500 2,600 25 common Jan Co common 1% preferred-100 Co 1 Crystal Oil Refining common * Corp British Crown Feb __ * common Bridgeport Gas Light Class Crown Jan 12% • Inc Brazilian Feb 5% Jan 1 , common cumulative Borne, Scrymser Bourjois Co 17% Jan 11% 8 _3 common (S) Jan 5% 200 15% Fdry & Mach Co com_* common Ridge Corp 12% 100 35% 1 common Jan 5,100 _25c "A" 130 5% 12 Va 7% . Jan 3 32% 1% 1 15% 34% 1 Jan Jan 1 % *. 1% • Birdsboro Steel 5%% Inc Co 3 31% 1% 6 (Md) 34% 25 7,800 31% *. Curtis common. 200 32 —_5 x Croft Brewing Co Drug 3 3 3 reg)__£1 (ord 1—1 Petroleum 5% Hed^^g common Bickford's Bohack Canada of Watch Benson Burd Feb 46 1 Lt 6% _4 15 1 1 1 Telephone Bruck Jan % 65% 6 1 11% Baumann (L) & Co common. Beau-Brummel Ties common. Bruce 77/a 9C0 35,100 6% Consolidated Creole shares Refractories 4% 1,300 1ft 14 Consolidated Crosley * Feb Locomotive— Rubber American Brown 2% 29% Consolidated Jan de los Andes— Brillo 9% 7% • 1 series B preferred Cosden 56 Co preferred Baldwin Blue Jan 69% 3% • 25 Co Inc preferred series C $1 '' Bell 7% 13 % 1 1956 Elec Gas 4%% Cook B Basic Jan 1,900 Jan Compo Shoe Machinery— Consol Corroon & Banco 18% 5% , Manufacturing Coro 7% Jan 65 •'% 16% Cornucopia Gold Mines—i Baldwin 17% • : Colonial Sand & Stone Co Commodore Feb Jan 44 17,100 6 preferred & Jan 25 Development ordinary Colt's Feb 1 Inc Ayrshire Collieries Corp common Babcock 64% * — common Colonial Airlines Jan 2% 59% 2% Coal Corp common Club Aluminum Products Co 11% Jan xl5% 16 4 20 Community Public Service 1 Products (BP) 4 Sons common 6% b */2 5,100 25 U 50 Co Automatic Voting Machine Avery 800 22% 51 __ 1 warrants Steel 11 uan % * Plywood Corp__ Automatic Feb 116 10% »10% * class A__ Tel Fisheries Coast Jan £1 reg Laundries Coast 114% Jan 11 24% 9% 24% 1 Feb 21% 10% 21% * — 10% common Clayton & Lambert Manufacturing Cockshutt 8% High Feb Industries— rets Associated Tel & Atlantic 1 Corp Electric — 2.50 Refining Co preferred Aspinook (The) American * Corp & conv Associated Light $7 pfd 4,700 5 —10 x 1 1 Clinchfield 9% 9% 62 % Manufacturing Co Inc 18% 8 8% 69% 1 Neon 250 8% • 325 64 1 Homes Low 10 18% Co Controller Claude 9% 9% Range Since January 1 High 63 10 common & Suburban Clark Clarostat 1 Gas City Oo.il common Natural Service City Auto Stamping 1,025 3,500 13 3'A 0% 110 110% 3% 3% Chicago & Southern Air Lines Voting trust certificates Chief Consolidated Mining Cities Low 5 10 4 —_• —* Chicago Rivet & Machine 7a 300 12% 2% 6% Par Cherry-Burrell common— Chesebrough Manufacturing com Common class A non-voting__ Arkansas Shares Feb Jan Argus Inc for Week Jan 25,300 Ltd— Co Range of Trices 474 7 — Sales Last Sale Price High 6 4% 6% 1 dep rets ord reg Apex-Eiec 400 4% 1« 128 129 % 4% 4% 6% 6% I Range Since January LOW 4% {J 2 common Oil 128 5 5 Products Angerman Co Inc 4% * Thread 5% preferred Writing Paper common American Shares High Low 2 10c common Amer American for Week of Prices Sale Price Par American Range Last Week's STOCKS New York euro exchange Sales Week's Friday STOCKS 10 Duke Power Co ± 25% 24% * — Dunlop Rubber Co Ltd— American dep rets ord reg —_£l (The) Durham Hosiery class B common.; Duro Test Duval Co 2% 700 "2% Feb _2>a Jan 12% 12% 25 12% Feb 14% Jan 4% 4 % 200 3% Jan 4'% Jan 14% yl5% 1 % 1 % 500 14% Feb 3,150 1% Feb 1 Corp common Texas 2% ♦ 1 Duraloy 2% 4% Sulphur Co Name changed to Duval Sulphur & Potash Co (Effective Duval Cable Electric Products 500 3% Jan 4% Jan 1% 4% 50c common Jan 1% Feb 14) 14% Potash Co Sulphur & 1% Jan 17 1% Feb 3% Jan Jan Warrants i w — f Cables & Wireless— ! American dep rets 5% preferred 1 Calamba 2 £1 Calgary & Edmonton Corp Ltd California Electric Power— t Sugar Estate Camden Fire Canada Bread Canada Cement Co Ltd * 1 Insurance 5% 6% 8% 6% 3% 23 5 • 100 4 Jan 5% Feb 6% 5,600 6 Jan 7% Jan 8% 1,600 8 Jan 9 Feb 23 % 5% 1 100 Jan 23% Jan % 22% V 6%% • Canadian Ltd Industrial • Alcohol— Class A voting Class B non-voting 7% ♦ preferred 1 Co & Biscuit Co— 1 (J W) (A M) Catalin Co common... Central Maine ... Products— 0 % 3% Feb 19% Jan Jan 9 Jan 3% Jan 3 66% 69 250 3% 3% 3% 3,000 Jan 63 Jan Feb 114% Jan Jan 3% Jan 3% 69 Feb Conv pfd opt div series 1929 opt rfiv series Century Electric Co common Century Investors Inc Convertible preference Aircraft Co Chamberlin Corp Co of common 400 — Jan 4% Feb 5% Feb 26% see page 27 Feb 29 Jan 30'A Jan ~3% 71 2,400 100 71 „ 4 Jan 75 Jan Feb 67% Jan 3 20 80 10 10'A Electric Bond & Share common 5 18% 18% 19 1 16 14% 16% Electrographic Corp common Empire Millwork Corp Equipment Einsco Derrick & 104 100 1 pfd 5% 10c Corp Pipe Line common.— Ltd—— — 18% Jan 20% Jan 77% Jan 80 Feb 2,600 87/a Jan 10% Jan Jan 34,700 177/a Jan 19% 3,400 ll7/a Jan 16 105 60 103% Feb 105% Jan 6 800 5% Jan x6% Jan 14 Jan 13% 200 1% 1% 4;800 42% 42% 275 5% 5% 400 13% a—_5 Equity Corp common $3 convertible preferred 1% 1 1 1 alO , 50 19% 80 10% Empire District Electric 5% : 1,000 20 1 • int shares of beneficial Jan Jan 71 62% Feb 12 1% Jan ■: 1% Jan 42 5% Jan Jan Jan x45 6 W Jan 6,300 Jan Jan is Jan 15 Jan 16% Feb 26 Jan Jan 23 ~€% Jan Jan 5% 1,500 4% Jan 7% Jan 83% 84 % 310 811/a Jan 84% Feb 1 9% 9% 100 9% Feb 10% Jan 5% 94% 94 94 V4 100 94 Jan 95 Jan 21% 20 21% 4,450 14% Jan 22 Feb 155% 154 158 600 142 % Jan 20 18% 20 650 14'% Jan 20 100 10 2 ,-10 20% 19% 20% 2,275 14% Jan 20% Feb Feb 7% Jan 4% —10 common For footnotes ~5 % ~4% 5% 2.50 America Feb 75 — — 100 73'A Jan 1 Common Esquire Inc 1 preferred Charis 200 17 Jan Jan 2% 113 69 ~4% 100 preferred Jan 67% __ Fairchild Camera Fairchild preferred 67 600 shares of beneficial int Easy Washing Machine class B Co— Conv Cessna 8% 1 Central Power & Light 4% pfd_ __100 SCentral States Elec 6% preferred—100 7% 8% 10 1 Feb 325 72 • * A $6 preferred series B Eastern Sugar Associates— $5 pfd 100 Power Central Ohio Steel - 300 _• common Corp of America 3.50% 19% 2s 6d & Co__ 3 72% • States Eureka Products 3.000 71 68 3 Corp £1 rets A ord 3% 71 69% 25 Iron Eureka dep dep rets B ord Casco 119,700 • Amer • * x Light $5 pfd Amer Carter Jan Jan Ltd— Carreras - 3% 2.50 common Power Carr-Consolidated .< Castle 2% 19% 3% 5 1 Co & Carolina 8% 8'A 100 Capital City Products common Carey Baxter & Kennedy Inc Carman Jan Jan Ltd— Canadian Marconi Carnation 7% 7% 100 * ; Canadian Industries • 100 100 $7 preferred series Eastern • common preferred Assn common prior preferred preferred Eastern Malleable 20 Canners Convertible 6% * common preference Canadian ; .1 Ltd Co Eastern Gas & Fuel 4%% ' 7 7 200 7 161% Feb Feb Fansteel A^cnfiBtlon Jan 38% Jan 4% 4% 3,200 3% Jan 4% Jan % 6 % 200 6% Feb 7% Jan 8% Jan 9% Feb 6 Instrument CPhila) First York Corp common $2 5c Ford 1 (M H) Co— Stores to $1 25% 25% 3,400 22% Jan 5% 26,200 4% Jan 5% 2,200 10% Jan 12% Jan 65 % 300 x61% Feb 76 Jan 3 3% 1.800 Jan 3% 32 32% 375 32 Jan 32% Jan 21 750 167/a Feb 21 Feb 3% 24 __1 . — 5% 5% —• 10% 10% 11 -10 64% 63% 10c 3 32% 19"% 19% dividend cumulative preferred—1 Fishman s 1 2% Jan Jan Motor Co Ltd— American Ford 37, & Engine <fc Airplane Metallurgical deposit rets ord reg £1 3% 3% 3% 1,900 Feb .5% Jan _♦ 23% 23% 23% 500 21 Jan 26% Feb 24 24 24 125 22% Jan 28 30,700 % Jan Motor of Canada— Class A non-voting Class B voting •_ * Feb Ford Motor of France— American deposit receipts bearer U u U Jan Volume Number 4883 171 THE COMMERCIAL & FINANCIAL CHRONICLE (7731 NEW YORK RANGE Friday Week's Last Range of Prices Shares Pitt Brewing Co (Peter) Brewing 4% 7c Fuller convertible (Geo A) Low 1 16% FEBRUARY 17 16 V\ 10 Low 16 % 9% 11% Jan 400 9% Jan 11% 7% 30 5 i. Jan 30 11 11% 11% 50 30 4,000 Jan 10 31 Jan Feb for Week Shares Kings County Lighting 4 7o Feb cumulative preferred 5% Power Knott Co common- preferred *'..•. : 16y« ? ; 4%. * 1% Supply.. Corp com—.1 3% 3 % 5 %>.. convertible preferred— Electric Co Ltd— 25 dep rets ord £1 reg General Finance Corp common 57c preferred series Outdoor General Phoenix 6% 7% pfd * 100% Feb 107% Jan & Co 4% Jan 5% 2% Jan 4% 100% 115% 4% 400 5% Jan 19 150 14% 5% 17 Jan 19% Jan 14% Feb 15% 16% 15% Jan 17% 1,100 11% Jan 13 Jan 13'% 1,100 11 Jan 14% Feb 2 " 6,300 2% : % v 41% Jan 45 28 —vSr* f-' r 78% Feb Jan % Jan ,*45 Grand Rapids Varnish ; ^^^—1—1 11% „ Feb 6 Jan Jan 65 Feb Jan 14 25 44 , Breweryi.l_—____2 Grocery Stores Productsvcbmmon___25c * i36 %.: v- 300 & Jan 6% iff? 31% 12% 10% 145 Jan 137 Hamilton Bridge Co Ltd— Hammermill Hartford Paper Electric Hartford Rayon common common Dept Stores Hecla 47c preferred preferred Hoe (R) & w w w Common 77o Co class A ; Hollinger Consolidated Holly Stores Inc Holophane Co Horder's G A) & Co Horn & Hardart Hardart common 2,500 57c preferred (Harvey) Inc Oil Hurd & 76 110 Lock & 47% 225 9% Common 1st stock Jan 13 Jan 15 Jan ®6% 46 25 50 32% 33% 850 19% 19% 100 Feb 100 Feb 2% 48% Jan Jan 8% Jan Jan 45"% 9% 9% Jan Jan 3% Jan Jan Feb 41 34 Jan 13% Jan Jan 46 Feb 160% Jan 164 Feb 34 Jan 32% Feb 108% Jan 110% Jan 19% Jan Jan 86 83% 84% 2,600 4% 4% 4% 400 4% 51 75 48% 10 650 8% Jan 200 2 Feb 2% Jan 100 14 * 51 _ 10 .1 preferred l - Hydro-Electric Securities Hygrade Food Products 9% • 2Va 15 14 15 81 Feb Jan 4% Jan 51 • Jan Feb 10 Feb Feb 17% Jan 3i'4 31/4 200 3% Jan 15% 3% Jan 15% 200 14% Jan ♦ __ 5 . 2% common • 7% Imperial Chemical IndustriesAmerican dep receipts registered Imperial Oil (Canada) coupon.— £1* __—— £1 —_ Indianapolis Pwr & Light 4% pfd 100 Insurance Co of North America..—„ lo Inernational Cigar International Preferred Machinery.. 19 % 6,200 800 18% Jan x9% 9'/a x9% 100% 101 105% 300 * 290 15 15 77% 78% 78% International Products International Safety Razor 10 B 1 2 Co— Irving Air Italian Superpower Corp v t c Chute com class A_.* Lake Sulphur Co _ Julian & Kokenge Co - 6c Corp pfd Kawneer Co 16 Public Co Kennedy's Inc Key Co common Kidde (The B) footnotes page 27 Jan 23 100 28 Feb 28% Jdn 11% 300 10% Jan 12% Jan Jan 2~6~% Jan Jan 26% 27 75 26'A Jan 27% Jan 24% 25% 3,100 24% Feb 26 Va Jan 8% • 8% 300 8% Feb 9 VB Jan 1% 29,900 1 1 % Jan 1% Feb — 26% ■■ 112 13% -- 14 700 Jan Jan 13% 29% 113 Jan Jan 14% Jan Jan 5% Mfg Corp * Jan 18 % Jan 3% Jan Jan 13 Feb Jan 98% 10 Jan Feb 7% Jan Jan 21% Jan 3% 4 200 3% Jan 4% Jan 6% Jan 7 Jan 1% Jan 1% Jan 10 "l% 1,500 21% 22 % 3,600 17% Jan 23% 42 % 125 39% Jan 43 Feb 30 22% "l% 41 1 Jan 31 Jan 7 Jan • Warrants 6%% A "7% 16% 16 Va 16% 3,300 13% Jan 17 Feb 1% 1% 1 % 3,900 1% Jan 2 Jan 400 4% Jan 5% ~5% 6 % 13,500 5% Jan 6% 6% 300 5% Jan 4% Textile 1 Corp common Participating 25c preferred 15 Michigan Bumper Corp Michigan Steel Tube. Michigan Sugar Co common preferred 53 1 6% 6% 2.50 West Midland Corp common Oil Midland Corp $1 conv Steel Products— . Midvale Co preferred—* Midwest * common Abrasive Oil 50c Co 8% Co 8% 6% 200 7% Minnesota Power & Light 5% pfd—100 Missouri Public Service common * Corp 1 Jan 1% Jan 8% Jan 7% 100 7% Jan 8% 7,100 8% Feb 9% Jan 12,400 2ft Jan 2% Jan Jan 8% 8% 9 214 2% 2\l Feb — — 10 14% 14% 147/a ■ —— — 20% - 2 6 10% % 6 '/e —— 107/a Jan Jan 17% Jan 3% ' _ 600 20 Jan 21 23% Jan 25 1% Feb 1,400 — Feb 6% Jan Feb Jan 32'/a 11% Feb Jan 104% Feb 6 50 101 34 36% 250 7% 7% 1,900 2% 2% Jan Feb Jan 10% 104% 104'A 35% 2% Jan 32 — 1,900 1,900 ~27/b 4 6,900 11% — Jan 100 25 1% 25% '' 20% x24% 2 850 10% Jan 13 — Jan 24 — Jan Feb 36% Feb 7% Feb 7% Jan 3% Jan 2% Feb 100% Jan 105 Jan Power C(*— Loan Society class com class Producers 102% 105'A A—1 A Moody Investors participation pfd Plan Corp of America Mountain 8% Jan Feb cumulative preferred 100 cumulative pfd series B—100 4.80% Jan Feb 1 common 7 7% 50 * Jan Jan 1,400 50c common • 2% 180% Jan Muter 8% 3 179% 180% 36 * 36 Tel & Company Tel 5 107% Jan Jan 3 % Feb 180 176% 25 34'A 182 Jan Jan 38 Jan 14 % 14% 1,700 34 % 1,400 97 Feb 6% 98% 100% 24 Jan 6% Feb 14% Feb 15% Jan 31% Jan 35% Feb 5 3,400 130 104 Jan 24 24 % 100 24 Jan 25% Jan 34% 35 300 32% Jan 35 Feb 8% Jan 12% .Feb 13% Jan 10% Jan 12% Feb Jan 13% 2.50 10 50c common Jan 33% * common Feb 2% 34% ,—100 Mills Verncn-Woodbury 102% 6% Jan States * common 125 400 6% 10c 10 - ~8% 12 1,300 1,200 —1 — 4% 7o convertible preferred Mining Corp of Canada Monongahela Feb 55 1 % Supply common—* Mid-West Refineries Wohl 6% Jan 7% 10 Midwest Piping & Jan Jan 1 5 ; 6% $2 non-cumulative dividend shares—• Mid-West 5% 6% 7 Hone Corp 1 Middle States Petroleum class A v tc__ 1 Feb Jan Jan 7% Micromatic 79% Jan 7% "l% •( 10 . Murray Ohio Mfg Co Muskegon Piston Ring Muskogee Co common 7% 300 —100 Mt 11 Feb "7 —: preferred Mesabi Iron Co Jan Jan Jan 6% 6 % Chapman 8c Scott Corp— Jan 7% Feb 2% 18% 1 Jan 15% 38% Jan 1 Morris 8% Jan 1.500 1 Montgomery Ward & Co 20 35 100 2,700 Co Monroe Jan 33% 21 —3 Jan Jan Jan Jan 6 % common 20 18 % Feb 14% 14% x20% Menasco Miller 9% Jan • 7% Middle Jan Jan 10 • 6 7o 8% 14 2% McWilliams Dredging Mead Johnson <fc Co 4.40% Jan 38% • Metal 300 600 -£1 common Mfg 14 14 $2.50 preferred McKee (A G) & Co class B Merritt 9'A 14% • convertible preferred Oil Co common McCord 14% 1 common Co 8% 10 Marine 12% 10 13% 11% 12% 13% 13% 7,200 8% Jan Feb 100 H Jan 3,000 1% Jan 2 Feb Jan 93 Jan 15 Jan 16% Jan % Jan 300 6% 600 5% Jan 6% 1 Jan Namra's 1 1 600 1 Jan 1% Jan National Nachman Corp Inc 1 common Bellas Hess Malllnson Fabrics 4% 600 3% Jan 5% Jan National 7% 1,900 6% Jan 7% Jan National Pressure Cooker 3% 100 3% Jan 3% Jan National 3% 400 3% Jan 3% Jan 17% Jan 18% Jan * National National National Radiator Rubber 5% 100 7 17 17% Neptune Meter Machinery Jan 7 Feb Nestle Feb 117 Feb New Jan 17% Jan New 13 Jan 12% Jan 13 Jan New Jersey Zinc New Mexico & Arizona Park 105 Feb New Process 12% 150 11% Jan 11% 25 9% Jan 11% 105 105 20 103% Feb Feb 4%% Co Tel Clock 100 29% Jan 31% Jan 24,000 lo% Jan 12% Feb 7% 7% 7% 8% 400 Feb 9 10 VB Jan 14 9% 10% 900 8% Jan 11 8 Vb Feb & Jan Jan Jan 100 10 6% 6% 6% 1,000 6% —- 17% Jan 4% 4% 4% 1,900 2°/b Jan 4% Feb % 57,000 2% Jan 14% Feb 28% 3,500 24% Jan 28% Feb 5% 300 5% Jan 5% Jan 93 % 150 92% Feb 97 Tel Watch 1 Jan 1 4 Jan 5 100 Co - Land Mining Co common 4 % 3% 28% 25% 93% 93 1 common & convertible preferred Co 30% 12% 8% 5 common 4% 15% 11% 30% 8% 30c 115% 12% 11% Jan n% • 320 Haven Jan 4 8% 1 Radio Mur 4% Feb 30% 1 Ltd 300 Le Jan 3% 12 2 common 125,300 England Jan 4 • 4 New 115% 116% 17 common Co Car Union 4,400 13 300 3% 1 Mfg 8c Stores common Steel 4% 3% * 4 3% 4% 3% 25 Gas 7% 3% 4% 1 * preferred 4% ♦ 800 1 common— 7% 100 see 18% 5 Co 75% 5 preferred For 14% Jan — common 14 Kimberly-Clark Corp— 4%% Jan * McClanahan 16%. 5 (Walter) & Co 14% 13 15% 11% —1 Service Co— 1 • Feb 1,900 1,000 • deposit. Light $6 pfd_. International McAleer 6 1 * Jan 12% 14% 17% M 6% 1 Electric 7% 400 13% 16% 28 2 Monogram Pictures 10 K Kaiser-Frazer 12% 14 VB 17'A • Macklntosh-Hemphill Co National Transit Kansas Gas & ~12% 12% Feb • ... 1 (N J) Stores common.—— Preference Jan 8,800 National Glass Co common Brown 7% 29 % 7% Jefferson Jan Jan 28 Power National Fuel Jeanette 22% 6% preferred. ...25 National Breweries common Jim 7% Jan N * 1 Jan 29% Louisiana Lynch Corp Mountain States Power 100 Manufacturing Feb 92 % 1% Jan Feb 6% 20 Feb Mountain 700 1 «$ 8% 7 100 300 Feb Feb 11% 11 1,400 7'A 140 Jan 100 \k 2 7'A 21 % 124% 101 11% 11% Jan Jan 7 7% 1 of Feb 4% 12% 7 Jan 113 4,300 14 Jan Feb Jan Jan 8% Jan 4% 10% 106 Jan ~8% " 12% 300 3,300 121 103 1,650 200 4% 11% 1,575 1,050 8% * preferred Fireman ~7% 7% 13% 4% 26% 200 , 105% 107% Metal Investors Royalty Iowa Public Service 7% 12 % __ * 50 Industries A * International Petroleum coupon shs...* Registered shares * 4.90% 19 18% Hydro-Electric— $3.50 series International Iron ' 18% 19 Imperial Tobacco of Canada... ..5 Imperial Tobacco of Great Britain 6c 750 3% 19 Registered Ireland 7% 7% __ 13% 10% 3,000 Molybdenum Illinois Zinc Co Jan 124% Jan 18% 83% pfd_ Feb Jan 2% 119 Feb * » 9% 16 135% 140 Feb 76 12 164 12% Jan Jan 9 31 . Jan 124% Jan 12% 12% Jan \ll % Jan 500 » ' _ warrants common convertible 11% 5 Manufacturing Co Hussman Refrigerator $2.25 Huyler's Feb 5,500 3 > Jan' •<•'10% 100 47 331/8 5 Refining. Feb 8% 100 9 i/B 46 common Feb 20% Jan \ 100 Hubbell Humble 11 Jan 6% 100 164 _.* Jan 1,700- 1,100 * Baking Co & 10% 16 5,300 12% 15 Horn Jan Jan * ( Jan 16 2% 14% 9 __ 11% Feb Jan 100 Jan 2% 140 - Jan 1% 20% 1 _* Inc Jan 14% - 200 8% 47 5 ; 6% Jan 3 lo Mj common.. (Geo Feb Feb _ Hormel 5 600 9 y8 Jan 13% -100 Manischewitz 2% 76 7% 200 500 -.100 Jan 50% 99 __ 2,000 2% _ 10% • certificates 111% Jan 2 1 9% 15% 2% preferred A ctfs of deposit Maine Jan 12% 100 100 9 15% preferred B ctfs of deposit Louisiana Land 6c Exploration Mangel Stores 1% ■j 100 w 9% • 6% Feb 47% 11 12% Feb 8% Feb 70 14% __ —.2 % Jan ..1 10% 2,000 7%:i: ,7%- 13 30 26% 31% 2 10% * Co common 500 18%' / 7% —» . 2 . 11% 1 * 11 - 5 ..._ 50% 1% . 25c common Henry Holt & 50% 2 18%. common Helena Rubinstein common Class A 5%fi 400 15 Feb Jan ~2% -I Marion Power Shovel 14% 1 ; Mining Co Heller Co 2 1 Brewing Co Hathaway Bakeries Ino Hazeltine Corp ' __ l ; Harvard Hearn 15 12% 23% 24% Jan 10y« 5 25 Jan 150 400 5 Jan 109% * Light 10 12% 30 __10 Massey Harris 5 Jan 12% 29% 21% common. Jan 9 70 Feb H 5 9% 12% 30 7% common Communication Co Ltd 5 Jan Chain Marconi _5 lft Feb 44% 26% * Lamp Co Jan 21% Mapes Consolidated Mfg Co— Hall lft Feb 40%" Jan 200 110% 3,400 Jan Jan 130 • 1,750 10%' 110- 1% Jan Feb 128% 500: 20% 110 6 % 10% ,;-r 1 375 . 43%.;k44fev 31% 10%' " 100 142 ;v:-A ift Jan Jan r 141.. t 10%- I . Griesedieck Western 300 • WSfci Non-voting common stock—,.—_ .£?. 17c 1st preferred-^.--—'t—_1100 pfd Alabastine.. 45 Jan 3,300 6% . Gray Manufacturing Co-^—i^iii.—-5 Great-Atlantic & Pacific Tea—~ V Gulf States Utilities $4.40 13 Feb 9 200 1 13 Feb 5 University (Texas) Longines-Wittnauer Watch Long Island Lighting Co— Jan :'4% ■•t' 1 65 2% rV;61% ,100- ' * Northern Paper % ■ « Gorham Manufacturing commoh—__-.10 Graham-Paige Motors 57c cohv pfd—25 lft 14'/a Lone Star Gas Co Jan Jan 5,200 Corp Locke Steel Jbn Jan 74 50 Va 50 Gorham Inc class. A_. Jan 78% * 1 Manufacturing CO—1 1% 43 78% 1,300 ■" * — Jan _ 100 43 11% 5 — 26 * Feb 4,600 .5 Loblaw Groceterias class A Class B Jan 12% Extension Lit Brothers Feb 14 100 Monotype Machine Lipton (Thos J) Inc 67o Jan 12 2% 14 % I Corp of Delaware Salle Lionel 13 A B Gypsum Lime & 5% v 13% 1 Lefcourt Realty common. Le Tourneau (R G) Inc Jan 16% 13% 3% —I _ Lamson Jan Jan 12 1 $4.50 prior preferred Goldfield Consolidated Mines Goodman Great Jan 3% 114 13% common Godchaux Sugars class Class 75 600 1 B Inc Feb Jan 5 Ltd Lanston La Feb 5 Glenmore Distilleries class Inc 100% ~3%" "3% 14% _» * Co Feb Mines Lakey Foundry & Machine Feb 90 Lake Shore Feb 3,400 25 ; Coal Gobel (Adolf) 8% 3,700 * Gladding McBean L'Aiglon Apparel Inc Feb 18% Jan 2% 10 Laclede-Christy Company Feb 46 Jan 4% 19 22% 900 1 Jan Jan 5% Jan 3% 1 7% 6% 41% 1 . Gilchrist Co Globe Union Jan 1,400 "5% 3% 21 Feb 115% 115% 1 —r Giant Yellowknife Gold Mines Gilbert (A C) common 900 Feb 1,400 * Gerity-Mich Corp 22 8'A 3% 33%c 7 7% 4 ♦. $5 preferred Feb 45% "5% preferred—* Georgia Power $6 preferred— " 7% 4% Aldcn 23 44 % 5% Glen 100 100'/a 100% 1 $6 23 .-100 Corp Service 23% 42 Jan Jan Feb Jan 7 • Kreuger Brewing Co Kropp (The) Forge Co 3% 38% 21% Jan 8 General Plywood Corp common.—50c Public Feb Jan 325 3% 1 Jan 3% 39% 21% 1 common 6% 1,700 High 1,300 38% 1 93% 2 Low 7% 1 Kobacker Stores Jan 7 45% ♦ ^ Jan Corp Range Since January 1 High 7% 1 Jan 1% - — 16% Jan 4% Jan 600 10 common Adv 200 »' 3%. i 23 ' 23 1 A—ir— Fireproofing General General 4% 1% v. 1% General 15% 91 1 — Amer 500 —100 Gellman Mfg Co common— General Alloys Co 1 General Builders General -16% 7% 50 Kirkland Lake G M Co Ltd Klein (D Emil) Co common Kleinert (I B) Rubber Co Gatineau Low • common King Seeley Corp Kingston Products Kirby Petroleum Jan 11% Sales Range of Prices Par Jan Jan 17% Week's Last Sale Price High 1,400 11 1 common preferred-.,-—50 Co Friday STOCKS New York Curb Exchange Range Since January 1 High 7% 1.25 Franklin Simon & Co Inc ' EXCHANGE ENDED for Week Sale Price Par Fort CURB WEEK Sales STOCKS New York Curb Exchange Fox FOR 5% 4 1 4 20 4 100 Jan 25 55 % x54% 56 % 2,600 x54% Feb 1 7% 7% 7% 800 7% Feb 1% 2,200 1 • 1% 70 1% 70 70 25 1% 65 Jan Jen 9% •7% Jan Jan 18 Jan Va 59 9 Va 1% 70 Jan Feb Feb Jan Jan Jan Feb 25 26 & COMMERCIAL THE (774) RANGE EXCHANGE CURB YORK NEW FEBRUARY 17 WEEK ENDED FOR Monday, February 20, 1950 FINANCIAL CHRONICLE Week's Sales Last Range for Week Sale Price of Prices Shares Friday Friday Week's Sales Last Range for week of Prices Sliares STOCKS New York Curb Exchange Sale Price : Low Par New York Auction New YoA 30% 150 29% Jan 31 ld0 10% Feb 13 Jan New York Shipbuilding Jan Salt Samson 30% 29% 10% 10% 1 i — — 17% Jan 18% lb'/8 Jan 17% Feb Niagara Hudson Power common——1 Niagara Share Corp common 5 17% 13 V4 17 13 % 17% 13 % 38,300 1,300 12 % Jan 15 % Jan * 10% 10% 10% 2,200 9% Jan 10% Feb 300 600 14% Jan 20 Va Feb % Jan Niles-Bement-Pond ■ Nineteen Hundred • — 5 Corp common 19 — 19% , is 1« 5 Mines Nipissing St preferred Utility Securities.. American Central Texas Oil * lt^ Jan Airlines Northeast North Penn 1,200 43% Jan 11% 100 2,900 11% Jan 3% 6% 7% 1 Northrop Aircraft Inc Novadel-Agene Corp Jan 3 12 % Jan 2% 17 17 • 7% 17% 3% Jan Jan 89% Feb 6% Jan 7% Feb 16% 5,200 400 Jan 84% 3% 3 50 Co RR 46% 2% 46% Jan 47 Jan 46% 11% 50 * 5 1 North American Rayon $3 North North :. 1 United Corp Steel Jan 18% Jan Co 4,600 1% 1-% 1 % 100 ♦ 42 100 114 Ohio Brass Co class B common... Power Ohio 4% % 1 preferred 1% 42% 175 Filters 36% 12 Va 17.% 17% 50 III Overseas 13 11 ' 700 — Jan 114 Feb Feb Jan 37% Jan 11% Jan 13% Jan 17 Jan 18 Feb 300 10% ' Jan 45 • 34% 400 III Va 1 : 111% 6,500 12 '/a ._ Inc Omar 34% » class B_ "Jan 41%" Jan 70 113% 114 12% 18 United Oliver 35% ..15 Oklahoma Natural Gas 11 3,700 42 .50c Ogden Corp common • ■ 1.; 17% Jan 18 Feb "9% h Jan 11 Feb 2% Jan 3% Feb 2% Feb 2% Jan 26 Va 1,400 25% Jan 28% Feb 14% 300 13% Jan 15% Jan 1% Jan 1% Feb 15% Jan 14% 14 % — 17 16% Jan 17 1% Feb 1% Jan 13 % Jan 14% Jan 3% 3% 3% 17,100 3Va Jan 3% Jan 24% 23% 24% 2,000 22 Va Jan 25% Jan 87% 87:% 50 84 Va Jan 88 88 Va Jan 91 ' 3% Jan — 4% 9 Vb 44,800 % % 1,200 12% 100 10 10 100 5% __ 20% 25 ..100 __ 65% 19% 2% 16% Jan Jam 69%" Jan ; Feb'- " 19 % Jan • 15% Jan 16% Jan 18 % Jan 13% Feb 3% Feb 800 4 3% Jan 23% V-v 183/4. Jan ' __ Jan 3% Feb Feb 10% 22% v> Feb 107% vjair * • Jan 12% - 1,100 ... Silex Co common— Feb 43- •-• Jan- 20% V, 100 16 16 Va Jan 10 .» . Feb 9% Jan % - 20 19% * «• '• Feb Feb 4% V-11% Jail 1,700 *20% Jan 450 ^•63%' Feb 108% 108 % * of America class A 21% 63% __ ' 200 20% X20% 20% 21 3 Va v 500 2% 2% 5 IIIIi Canada 3,100 12% % 1 common 4% 4% 8% 1 Ltd Jan 5 Mining.. Breweries 4,800 __ preferred Sick's 1 % 2 1 1 of 400 17 1% 1% Feb 1% • — — * 4% Vb 26 26 1 Sherwin-Williams 400 1,300 2,600 —25 Shawinigan Water & Power Shelter Mfg Co Shoe Corp Jan ' 1% • Sherwin-Williams 1% ; 2% common Denn Feb Jan __ Control Corp class B Shattuck Jan 3% 1 Inc Leather Seton Feb 8% 1% * Safety Sentry 28% 1% * Sentinel Radio Corp common Serrick 13% Jan Feb 2 Allotment certificates 0 Jan 6% 3% 1 General B) 10% 23 Va ! 3% * prior stock (R 2,500 2% — 25 Segal Lock & Hardware. Selby Shoe Co Selected Industries Inc commonConvertible stock $5.50 7% Inc Bros Seeman 3,300 % common Corp Securities 27% 6 1 (D A) Semler ■:* High I & Schulte 12% 27 7% 25c (Del) Fisher Brick Co Inc common Scovill Manufacturing Savoy Oil Inc Sayre 12 Va 27% 1 common 12% 1 Oil Co Dome Scullin ... Low 1 45 Lawrence Corp Ltd common— convertible preferred 1st Corp— shares Range Since January 1 High Feb 10% 1% 10 Merchandise s Jan 7% Feb 7% & Honduras Rosario York Low Par High Low 7% 7% common Exchange New York Curb I Range Since January > 200 * —10 Co New Founders High STOCKS - 109% 4 - • Jan Siminons-Boardman Publications— Can Pacific Co Pacific Gas & Electric 6% 5% Cv redeemable Pacific & Public $1.30 1st preferred Light Service 5% Oil '1-Panatapec Oil (C A) Pen Simpson's Jan 29% Jan Jan 29% Feb Jan 29% Feb 103 Jan 106% Feb Jan 104 % 106% 100 102 29 V8 Pattern 25 98% 15% Jan 15% Jan Aircraft Solar Jan 25 Jan gSolar 39% 39 % 50 39 VB Jan 41% Jan Sonotone 2% 9J>, z",n 42.600 2% Feb 3 Jan So'jS 42,100 5% Feb 7Vb Jan South Coast 16% Jan 16% Jan South Penn 450 x22% Feb 27% Jan Southwest Jan Southern 6% 5% 6 l Co 5 22% 22 % 1 10% Ltd 24 11% 54 4% 4 4% 2 Jan 700 53 2,700 3% 12 Jan 11 30 10% 54 • 25 $1.32 25 cumulative Pennroad Gas Penn "• Power Penn Traffic Penn class A & Light 4%% Co Tire & 200 11 55% 57 57 11 19% 5% Feb Corp Oil Pa common.. Line % California Feb 4.48% convertible preference. 4.32% 29% Jan li % .Tan Southland Jan 27/a Jan 700 3Va lOafs Jan 5% Standard fetandaru Cap & deal common 11 Va Feb % Jan u Feb Jan 5% 4% Jan ,4 Powdrell & Alexander Power Feb $1.60 6 Jan Standard Jan Jan 19 6% 1st Prentice-Hall Pressed Inc Feb Jan Standard 15 Vs 15% 2,300 14Vb Jan 15% Jan 55 Jan 59% Feb Standard 18% Jan 21% Jan Starrett 3% Jan 4 Jan 17 Metals Producers of 960 14 1,500 7 Vb 7% 2,300 — Jan fi% Jan Jan (A) 7 % Jan Jan Service 4%% of 46 Vb Jan 47% Jan 200 28 % Jan 29 Jan 31% Jan 32% Feb 29% Jan 30% Feb 26 % Jan 27% Feb 1,900 27% 27 % 27% 700 4 % __ 32% — 1 4% Jan 300 4'/a Feb 400 4% 33 — — 32% Feb 35 Jan 17 Va Jan 17% Jan «... — -- 2% Jan 3% Jan 3% Jan Stinnes (Hugo) Jan Jan 10% Feb Jan 4% Jan Jan 12% Jan Stroock (S) 300 1% 2,900 1% Jan 1% Jan Sun Jan 7% Jan Superior 9% Jan 10 % Jan Superior Tool & 21% 150 700 2% 17 % 17% 17% 50 17% 9% 9% 100 3 2% 35% 36 2,800 ■ . ■- Jan 3% Feb Jan 34% Feb 18% Feb Jan 9 10 % Jan Jan 36% Feb 5 4% 5% 57,100 3 Va Jan 5'/a Feb 4% 4% 4% 600 3% Jan 4% Feb Jan 169% Feb 167 % 20 167% 169 Vb 155 Jan 6% 6% 600 6% Jan 7 % 4% 4 % 4% 3,900 4 Va Feb 5% Jan 2% 2% 100 2% Jan 3 Jan 5 5% 2,600 4% Jan 5% Jan % 280 23 23% 100 — — — 39% 89% « . 90 — V — — Feb Jan 92% 23 Feb 25 Jan 11 Vb Jan 12 % Jan 7% Feb 87% 1 7% 7% 8% Jan 1 1 1 2,300 % Jan 1% Jan' 1 4% 4 % 4% 2,900 3% Jan 5% Jan 100 14 % Jan 18% __ » —5 17% 2% Jan 3% Jan 17% 17 % 17% 150 17% Feb 19 % Jan 15 15 16 550 13 Jan 16% 4% Jan 6 Jan 21% 275 20 Va Jan 24 Jan 2% 2,400 2% Jan 2% Jan 8% Jan 9 Jan .... «»•» 21 2% 2% 1 Co Jan 100 * 15 Corp 18 2% ' „ 25c Inc Cement, 500 7% 2% • • common Die Oil Feb 21% 5% Ray Drug common. Finch Feb 21% * Portland 12% 22 5,400 1 11% Feb Jan Jan % 12 Vb _ Co & 1% 9 Va 19 Va ' 11% 1 Stop & Shop Inc 11 Va 100 6% B Corp. 9% 4% 11% 1 Co common (J B) -- 4% _ common 400 400 Feb 220 30% 1 Corp Brewers Inc §Sterling Engine Co Sterling Inc Swan Public Co 1,000 10 Jan 17 1,300 30 10 Sterling 14% & 10% 10 28% 2o% 47.. 30% Steel Co of Canada 11% ..." Feb Jan 32% 46% ' —. Sterling Aluminum Products common.l 35% Prosperity Co class B Providence Gas 40 28% — Stein 35% 11% 25% 14 2,700 32% 47 • Feb 35% 1 17 Jan 1% 1 Feb 17 Corp 7% America Corp of Nevada 4 Jan 5% — — 33 Jan 1 Co_ class Tube xl0% 35% 2.50 3 * Products (The) Stetson • ; 4% 14% 4% 7% 5 200 25% 3% 26% 20 _ Light common Standard-Thomson 2,200 Jan 3% 25% * 2iH 2Va 21% 9% 1 common preferred Jan 58% Feb 10 _ B Feb 100 common $7 & class 1% • Pratt & Lambert Co Corp _ preferred Power 2% 25c preferred __ Standard 1,400 20 8% 1 Forgings Corp Oil (Ky) 1.500 57 Vb 2.50 common Dredging convertible 20 . 1% 10 common Corp of Canada Standard preferred 215 1 _ Pneumatic Scale common Mining Co.__.___ Polaris Convertible 1% 21 Vb 1,200 "2173 Brewing Co 2% 58% 9% ' Stahl-Meyer Inc 17 Va 5 Jan 8% -- Feb Common 15% 3% 8% « Jan 300 17 Jan • Jan 800 600 Jan % 2% 5 Spencer Shoe Corp 3% 500 18% % . 1,200 1,600 % 5 59% % V8 15% Feb % 3% 1 __ Co Royalty 40% 19% 50 _ Pittsburgh Metallurgical common Pleasant Valley Wine Co_.___ Pipe Line Jan 11 2% 2 Pittsburgh & Lake Erie preferred Jan 700 1 common cumulative Jan 2% Jan Jan Jan Jan 36 32% Feb 3 25 Speed Queen Corp conv class A 1' C»J Jan 13% 5,700 25 Jan Feb 32 % — 14% % 25 j an 4% 2% 3% ...25 preference 2d lOo 13% ...25 convertible Standard 1 Piper Aircraft Corp Pitney-Bowes Inc Feb Jan Jan Edison— original preferred cumulative preferred Southern -- — 14 10 _ 4.88% Pinchin Johnson Ltd Amer shares Pioneer Gold Mines Ltd I 290 Jan 2b9 2% 12.50 common Pipe Jan 11% 17 340 290 X280 1 ... 25 19 Va 17 x28l 1 common Jan % 1 Jan Jan"' ••ml'' .1 .. 48 5J 4% 2,400 "*-"•<•5% 1 Co Corp Manufacturing Jan 4% Feb ,650 • ../• Pierce Governor common 1,100 38% 37% 3% • Phillips Packing Co 300 55% 11% . 50c common common.. 225 4% 38 % • 1 Rubber 109% 4% 6% -■/ , » Co Manufacturing Jan 10,700 108 108 4% 2.50 1 Philadelphia Co 29 10% • com ' -- afi 2% pfd_.__.100 ... Water & Power Co (The 29 11 1 Pepperell Manufacturing Co (Mass)__20 Perfect Circle Corp 2.50 Pharis - Electric & Pep Boys v preferred— Corp common Penn ' ■ 1 24% 100 48% 48% » $1 cumulative preferred "loo registered- 4.56% Peninsular Telephone common . ' «—- Paper Mills (Howard) 2% Amer shares i-i 6rt; 6% ■ * —£1 rets ord Amer^ dep Smith 25 vtc "III common class B Singer Manufacturing Co__ Singer Manufacturing Co Ltd— 30%'~Jatf * 30% :Jan- Ltd 39% • • $3 convertible preferred— Jan 29% 106 * Parkersburg Rig & Reel. Co Simplicity Feb 28 • ____ -VPatchogue Plymouth Mills Paticaa Feb 33 Va 28 V8 102 106% • ...1 Paramount Motors Corp... Parker 36 Vs Jan 7% 31% 200 400 25 common (C A) Feb 29 % 29% __ 100 common 9Va 29 Va 25 pfd preferred ...Page-Hersey Tubes Pancoastal ' Jan Jan r 2,700 25 1st Lighting $4,50 preferred Power 36% 25 redeemable 1st pfd series A 5% Pacific %Pacific 1,100. 9% 36% 36% 25 1st preferred 5% .; 1st pfd 1st preferred 5%% 9% 5 common — — — Feb Colorado— cumulative preferred .100 104 225 104 % 101 — 101 103% Jan 104% Feb Puget Sound Power & Light— $5 prior preferred _• Puget Sound Pulp & Timber common..* Pyle-National Co common 5 Pyrene Manufacturing 50 99% Jan 101% Feb 15% 101 ... 15% 300 14% Jan 16% Jan 11% 12% 175 11% Jan 12% Jan Tampa Jan 7% Jan Technicolor 15% . ; ig 7 ■ 300 7 7 6% 103 ____.__._loo Tilo 109 730 93 Jan 109% Feb 210 154 Jan 159 Jan 108 14 Va * Jan 14% Feb & Tobacco common : ... Utility & 10 . Investment A convertible preferred. Raytheon Manufacturing 23 common 200 23% — _ 10 Xui)''4 2 3ii /■% _* 26 26% _* Raymond Concrete Pile common.., $3 23 1 _ 58 53 800 10 8% 9% 73.400 4 Va 9 5 4 Va 800 21 Ja n 1% Jan 2^-4 Jail Security Reading Tube Corp class A__ Regal Shoe Co... Reis 6.25 Reliance Trans Jan Tri-Continental 24% Jan 26 % Jan True 56 Jaa 58 Feb Trunz 6 Va Jan 9% Feb 4 Feb 4% — 500 3% 3% Feb 4 Rice-Stix Inc Radiator : v t c__— pfd F Roeser & Pendleton Inc common Jan 1% ■ American Rome Cable 29% 1.000 27% Jan 30 25% 25% 26% 500 23 % Jan 26 Va 2% 2% 600 2% Feb 3% Jan 2 Jan 2% Jan 2'/b 1 2 101 100 28% • 2% 5.400 101 * 50 93% Jan 29% 425 25 Jan Tung-Sol (The) Corp Russeks Fifth Ave ~9% 300 9% Jan 6% 6% 1.300 6% Jan Realization Union Gas of Canada 102% Feb Investment Union Oil Co 29% Feb $3.75 12% Jan 14% Feb 75 Jan 98'/a 140 Feb 11 Jan 5 Jan % Jan Jan u 300 % 40 % 500 39% Jan 45 Jan 1% 700 1% Feb 2 Jan 101% 102% 175 101% Feb 103% Jan 12 2,800 % 1 Feb 1 Jan 3 3% 1,700 3 Feb 4 Jan 3 2% 3 8,000 2% Jan 3Va Jan 1,700 17% Jan 19% Feb 20% Jan 20% Jan 8% Jan 10% Feb 11% Jan 12% Jan Is % 18 Va 18 — 9 % 9% 10 % 3,100 __ __ -10c _ 5 _ * .. _ _ _ _ — _4 preferred series A 10 Jan United Jan United Yards Aircraft United Elastic Corp 9% 9% 10% 1,100 8% Jan 10% Feb United 8% 7% 20,400 7% Feb 8% Jan 8% ' • ■ —— 14% Jan 1 Va Jan 2% 400 2% Jan 3% Jan 14% 3,400 12% Jan 14% Feb 100 1 Jan 8 Va Jan .100 Omaha common- -50c 99% x513 5% 1.000 x5% Feb 6 Va Jan 4% 4% 400 4% Jan 5% Jan 99% 100 — — 3% 3 Vb — ' 3% 9 9% 5.600 7% Jan 9% Feb Amer — _ 7 Light & Railways United Molasses Co 99% Jan i-* o o Feb Jan 67 Feb RR 40% 33% 40% 48 33 8,200 is Jan 3% Jan 2Va 51% Feb u Jan 41% aan Jan 45,800 • Jan —— « —— Jan 35% 37% Jan 41% Feb 8 Va 100 33 Feb 10 Jan 18 34 Feb 19 Jan 236 Jan Ltd— deposit rets ord NJ iV 32 _ 5,000 —- —— —— * participating preferred United Jan 8 64 150 * common United Milk Products common 75c Feb 7% —. warrants Jan 5% 4% ot Products Chemicals Corp 25% 8% 1 2% 14% 1 1 7 7% Feb 1 1,200 Co of California— 22% • 27 14% 97 3 Vb Corp 2.000 1 page Jan U Ulen 23% Ryan Consolidated Petroleum— see 8% Irt Jan 22% Ryerson & Haynes common _ Jan 40 102 Works common preferred 23% 1.25 common Ryan Aeronautical Co For footnotes Lamp » Royalite Oil Co Ltd 7% — 1 common 1,100 1% w 10 Co Jan 8% u convertible United "9% 6% 5 * Feb 18 13% 40 warrants * 5 common Inc 14% Jan 4% Inc Union Stock Electric Steel Rotary Rowe Corp Jan 16 Va Feb 2% 1 Va dep receipts for ord reg..£l Field Feb 11% 14% Jan 300 29 Rolls Royce Ltd— Roosevelt 13% 400 200 95 14 Temper Corp Union Rochester Gas & Elec 4% Jan 16 900 7% — Corp.— Unexcelled Chemical C'orp__ — Jan Jan 1 1% 29% Rio Grande Valley Gas Co— V, ....(Texas Corp) Jan 122% Jan 1 Engineering Feb 18% Jan 14 % deposit rets ord registered Lux 35% Jan Ltd— Jan 5 1 & Co Jan • Electric Richmond 3% 1 ; (Robert) & Co Trust Jan 16% 16% 8 * 1% 28 80c r- Construction Allied Stocks 24% Railway & Light Securities— Packing. Co common 400 4,900 13% 13% __ 1 1 £1 Amer deposit rets def registered—5s Todd Shipyard Corp common 20 Toklan Royalty Corp ' 70c Toledo Edison 4%% preferred .100 Tonopah Mining of Nevada R Voting . ' 16% 13 % __ ..—25c Inc Tishman Realty & Amer Rath Markets Roofing Inc Tobacco Railway 17 VB • 5 Corporation common Thorofare 155 V8 157 • common preferred..... 35 «/a 16 % 17 ♦ 7% 33 120% 35 * common common...: ■ Q Quebec Power Co—___ Co Inc preferred.100 Thew Shovel Co common. 5 Thor Quaker Oats Electric Texas Power & Light & Canal— — registered — .100 — — — — -- 242% Jan - • 5 Volume 171 Number 4883 THE COMMERCIAL NEW YORK RANGE Friday Week's Last Range of Prices Shares Par United Profit 10% Sharing preferred United Shoe U S Air U S Foil U S U Co class __ preferred Utah-Idaho Co Feb 49'A Jan Isarco Jan 41% Feb A 7s common & 1,000 3,000 4 Hydro-Electric Jan 13% Jan A7s Jan 1% 1% Jan Jan 15% 18 Vb with Jan 2,300 Jan 4 Va Feb 50 83% Jan 89 Va Jan 4% 4% 1,500 4% Jan 5% Feb 1% Feb 1 % Jan New 1%. 1% 100 27 . - 25'A 1% 43'A 28% Jan 28 Jan 29'A Jan 1 25 2% 2,400 8 25'/j Extended Jan Jan Feb Jan 23% 2,200 at 1st 3'As $4 convertible 1 preferred Venezuelan Petroleum Venezuela Vogt Syndicate 5% Feb 68 Jan 70 Feb 27 Jan 31 % Feb 3% 4% 3,000 3% Feb 4% 2% 1,300 2% Feb 3% Jan Safe 13'A 13 Vs 13% 200 12% Jan 13'A Jan San Jan 5% 2 Waitt & Bond $2 Inc 1 1 WaJlham Watch Co i w 1 Texas Tablet 6% Westmoreland & Stationery & C) & Products Wilson Elec Wisconsin Pwr Co 11 Va 1 Va 67/e w 500 Va Jan 1 8% 200 & (P Lt 4%% pfd 21 17% 800 3% 3'As 6s Aug 2%s C 10% 1,200 115 4.600 1st June-Dec 2%s (Bait) 27/8s mortgage debs Consolidated General or Friday's tlOS'A 104 104 Gas N mortgage 93% 93% 100 % Ercole Lt Marelli & series RR Elec A 1993 5s 5s Mfg 1956 ; Green series & Ry Western (coupon on) Ex-coupon market A 73 E (Aug series A7s C (Dec series A7s A 7s Power series A6'As (July 1 175 92 Dec Dec 1 104 104 94 99% 4 101% r__Feb-Aug 1970 101% .1106% 107% 306% ——-May-Nov 93 93 93 April-Oct Aprfl-Oct 1135 140 179% 80'A Jan-July 144 47 —April-Oct 44 46 Feb-Aug 61 61 1950 1946 1940 1953 coupon 1953 89 V* 3.31 59 99% 103 104 104 lu4 106 106% 106'A 106'A 50 108% 48 58 8 44 57% 1 59 63% i 1947 103% May-Nov 103% 103% 1956 coupon 160 1956-.——June-Dec 37 102% 64 62 on 1 110'A 110'A debentures — 13 46 2 102% 103% — 55% 42 7 — $60'A $30 Mar-Sepf Jan-Juiy 1963 June-Dec 1958 1954 95% Mar-Sept 95 7 0 2 95'A 103 5s I960- Newspaper f s 118'A 1959 BONDS Interest Exchange Agricultural Mortgage Bank A 20-year 7s April 1946 A20 7s Jan year Bogota 101% 14 102% or Sale Price Valley Danish Cons 7s 5'As External 5s Port 7s (issue A 7s of of (issue AMortgage 71% 46% 47'A 89 89 90 79 90 82% 82% 77% 83% of 8% 7% 8% 18'A 18'A 14'A 18 V* 46% 47% 2008 May-Nou 432% 33% June-Dec 447% 49 May-Nov 447'A April-Oct 447'A June-Dec 437 June-Dec 1951 88 . Bogota— 1927) Oct Bank 8% 1958—Mar-Sept Ai 2'As May Bank Jan-July stamped (Plan stamped Bank Mortgage 71% 49 82% May-Nou Interest reduced to A7s +47% —!Feb-Aug _ 6'As High 471 & City (Peru) Maranhao stamped Mortgage Low Loan— 1955 1953 Lima AMedellin Jan. 1 No. 471 June-Dec Waterways — AExternal 6'As stamped 1952_ A Range Since Sold High of) 1948 Municipal External April-Oct Jan-July Bank Bonds Friday's Bid & Asked — 1947 Mortgage (see ACauca (Col) 1927) Chile of of 1947 1947 1931 6s Denmark 5s 1972 • — __ 37 37 80 88 88 118'A de — 14 — 52 8 103'A A 100 103% 5'As "No e Odd-lot (.not 3'A 42 B 2008 C stamped reduced D Mar-Sepf E) (Plan 2'/ to Government 84% 81 10 88% 86 A 86 6 86% 95 22 83.% 92 95% 13 86 95% 33 31% 22 22 % the Exchange as 32 32 31 IB Rail¬ Util¬ trials roads ities Stocks 42.65 73.52 203.36 54.78 - 202.02 Total 65 91% 13 83% 91% "w 2% 3% 675 2% 3% 3% 2% 3% 373 2% 3% value, par a transaction n Deferred (not in year's delivery transaction included Under-the-rule in range), Bonds being traded year's range), transaction x (not no sales (not y included in f Ex-distribution, included Ex-dividend, 1 year's g range), Ex-stock d Ex-interest, dividend, in year's range), r Transaction Ex-rights, zEx-liquidating dividend. being transacted during current Second Indus¬ Grade Grade Util¬ used above—"cod," certificates of deposit; "cons,"consolidated; "cum," cumula¬ "conv," convertible; "M," mortgage; "n-v," non-voting stock; "v t c," voting trust certificates; i," when issued; "w wf" with warrants; "x w," without warrants. Rails Ralls ities Bonds 106.01 101.80 103.15 106.26 Holiday 54.11 97.79 Holiday 42.47 72.97 103.15 106.29 91.44 Total Compiled by National Quotation Bureau, Inc. Date— 106.06 101.73 Feb. 15 201.93 54.80 42.56 73.19 103.14 106.16 91.53 106.18 101.75 16 201.69 54.51 42.58 73.00 1C3.14 106.25 91.35 106.05 101.70 Feb. 17 203.17 55.70 42.67 73.77 103.16 106.25 91.52 106.09 101.76 Feb. 11 Feb. - Feb. industrial Stock Average 40 trials cash ^Reported in receivership. (35 Stocks) First h Ex- week. Abbreviations 10 10 for flat. compiled by Dow, Jones & Co. 10 32% 3% 1919 -Bonds— 20 22% Jan-July Jan-July 222 A) 2012- 6'As daily closing averages of representative stocks and bonds the New York Stock 32'A 38% 22% tive; 91'A " 76'A 95 92 95 — 22 95 — 1952 88'A 432'A 1997—-—Jan-July 1921 included 42% 90% Feb-Aug 1957 Jan-July coupon) 2%s June-Dec Janeiro principal. 49 87% __ — coupon) A 59% 99% . 103% 103% 4 to — (ser __ — 59% $42 of) 2%s A Russian $45 reduced (Republic l'As to Rio ('Plan A) stamped Interest Peru iFriday's bid and asked prices; 1955 1952_ 13 Feb. 120 Week's Range Last Period Low Interest 65 +99% „ 103% Jan-July Indus¬ Feb. 107% 320 Union— debentures New York Curb 103% 10 11 96 3 07 8 Foreign Governments and Municipalities 60 % 47 102% -- — 55 June-Dec coupon) 30 Date— 63 130 — 1102 Traction conv Parana 59 46 . Stocks Feb. 103% Hotel— Stock and Bond Averages listed 81% 130 —Feb-Aug 6s 115 5 58'A 46 102% May-Nou 1950 4s 1957 Below are 96 131 +79 Co— coupon 14--!— Closing 13_ Feb. 11 f 106% 120, A 100'A 1 110'A 110'A — 105 1101 Va 102'A 120 — 10 112% 114 -- 106 ; 1940 1 1 income Penn Danzig 99% — 106'A 106'A __ 105% 104% 1107 105% 10 104 105 June-Dec 110% 93% 104 109% 104% 104% June-Dec Sec— 1941 1941 103 108 — May-Nou 1955 1941 F 53 106% 106% — A6'As 104% 169 RR— A International 104% Co— Mountain Power 3%s Guantanamo 6s Western May Jan-July „„_Mar-Sepf stamped 1961 Trunk 104 May-Nov 1993 A6'As with Nov 1 1940 coupon 1953 A6'/2s ex Nov 1 1947 coupon 1958 Finland Residential Mtge Bank— Grand — RR— A Water 14 100 Va 100 104 April-Oct 3'As 1989 1947 coupon 1 1 ( . 1969 Western 106 106% 110% 110%?' 1954 105 109% 105 Division— J 4s 103% City) — 4'As 1st mortgage 4s series B Eastern Gas & Fuel 3'As 1965 Elmira U A5s 108% 106% 105'A 105% May-Nov (Bait 107% __ 105% 1976—Jan-July 1981—April-Oct 1103 High 1163% 180 Jan-July series Western Low no6% 107 April-Oct T Feb-Aug Friday 104 110'A 5 14 108 Jan-July Corp— Aug H __ 109% 109% 104% 105% West Jan. J„ No. Mar-Sepf 1102% 105% April-Oct 1970 1966 Service ex Range Since Sold High 105% 4106 1973 B 3'As 5s Electric Jan Bonds Bid & Asked 1948—Jan-juiy Jan-July _Jan-July May -Nov Mar-Sept (Calif)— trust Aug with Feb 2 — series 27/Bs mortgage Lackawanna of 4% Jan 104'A 104'A 1962 Delaware Lack & 1st Pwr mortgage conv Jan 4 162 Jan "l'/a 104 V* mtge 2%s ser Q 1976 2%s series R 1981 ref 121/2 360% 104% Jan-July Jan Feb 161% Washington Water Power 3'As 1964 Jan 16 ex A7s Jan 106'/ 161 104 Va 104'A Mar-Sepf Week's Range — ref 32 Jan Jan Inc Waldorf-Astoria Jan Jan 10% 400 414, Quar-Feb Registered ref 29% 1981 1965 1971 stamped with A7s Jan 1960_May-Nov 1970 61 • 1952 3s series Gas revenue United Feb Authority— Consol Gas El Lt & 1st Jan 12 4 Last 1998 3%s revenue series of 1947—1978 Cities Service Co debenture 3s 1977 1st 61/2 Jan 14 Sale Price A 1 series Cential States Electric Corp 5s debs 5'As debentures 1954 ref Jan B & Bros 5s Corp 2nd A6'As Feb Jan Jan-July 61 Triborough Bridge & Tunnel Authority— Feb Jan Friday Period 61 Hydro-Electric Co— A6'As Jan 8'/2 3% X7a City Electric 3'As 1964 Telephone of Canada 5s series 1st 3V2 191/2 Jan 13 Va Interest Exchange Power Transit Jan Feb 7% 100 4 Atlantic Chicago 2V* 100 lVa Jan-July stamped 1946 (Hugo)) Industries— A7-4s Terni Jan 14 * 61 130 3rd Stinnes Jan 18 700 June-Dec Steel 211/8 13 Vis 10'A (A G) (Hugo) A7-4s 2%s 200 8% Jan Feb 105% 1970 Edison 21 17'A 29 Va 5s _ 3s 3s collateral Stinnes Feb 75 Low Bethlehem 32% 100 3% 3% BONDS New York Curb Bell Jan 29 Va £1 Ltd— April-Oct 1960 • Counties-Gas Jan 29 Va 10 '/< M motrgage 5s Feb 13 Va 8 98% 106 % Co— Corp 3s Edison 1973 ref Jan 27 200 2 receipts Hargreaves Boston U4I/2 165 31 9% 29 Vs and AStarrett Jan Jan 241/4 Ltd— deposit 87/b Feb 150 100 preference-. Feb 6'A 1 105'A 105'A 1106'A 108 April-Oct California Jan 17% • common 1 Va Feb 27 8 25 : Inc.. W) Appalachian Elec 8 Va 1 w series Spalding Jan 3% % 107% 9 8'A 1105'a 106 1998 Power A Jan Jan 17% 8 105% 14 99 'A 106 105% 105'A 105% 106'A +105% 105% +98'A 62 103'A 105% 11053i 106'A 106 103 60% Electric— & Southwestern Gas & Electric Jan Feb 4% * common Industries American 6% Wright Jan V* 8,650 30 % 1 Inc Woodley Petroleum Woolworth 10'A 36,700 21 5 . Brothers common preferred Winnipeg Woodall 150 % 6% 10 . Jan 112 Va 31 63 5 5'A 101 'A 62 June-Dec 1952 Harbor Water 1st Feb 1% 158 l Co 110% Jan 10% 8'A 10 Oil Corp Corp Jan 1% 26 % 20 Mfg (Wm) (R Willson 5% Shoe (The) Williams 100 Va * com Inc River Wickes "l'A 6 8'A 91% 4 9'A 23 103 VB 104 Jan-July 1960 coupon Gas Joaquin Lt & Pow 6s Jan % 1.25 103 VB May-Nou coupon debentures Borough Gas California Feb 9 V* l Westmoreland Coal Wichita 2% Jan $6 preferred • Ry 7% 1st pfd__100 Maryland Western Weyenberg Jan 8% Utilities Western Whitman IV* 700 ioy* % 6'A Manufacturing—! West 2,000 109 —30 vtc Ward Baking Co warrants Warner Aircraft Corp Went worth 1940 1947 Electric & Southern 2% 8% *1 Va ■ Mar-Sept 1961 51% 62 April-Oct Oct 5'As series A 1st 1% 1 preferred___ cum 1967 1971 Southern 8 Va - High 63 101% 101 % 62 April-Oct Oct Service Queens W Wagner Baking voting trust ctfs ext—* 1% preferred 100 4'As 51 Feb-Aug 3s 3 'As • 88'A $30 51% April-Oct mortgage 3'As 1968- Southern Waco Aircraft Co—_ 37 Jan 2% • Low Hydro-Electric Co— 50-year 5 50 150 20c Manufacturing 1,100 70 31% l Inc 5% Jan. 1 No. 65 Jan-July with 70 70 • Mar-Nov Jan-July 1963— to Light 1st ex 30 % 5 Co 1952 coupon 1970 Public Vanadium-Alloys Steel 4'"/o mortgage A6V2S common 91% teo Lexington 1st mortgage 3s 1964 Pennsylvania Water & Power 3'As 1964 A6'As Corp 1940 England Power 3'As Piedmont Valspar 90'/a 1952 coupon Park Feb 25'A Range Since Sold High Co— 1940 1 Gas Ohio Pcwer Jan 3% Bonds Bid & Asked 91% Jan Feb 25 150 23 7 e ~<13<* 2% Feb 1% 40 50 26 28 '.'2 __ Nov Milwaukee __ Jan-July Superpower 6s 1963 McCord Corp debentures 4'As 1956 Midland Valley RR— 4% 4 1 1952 Altalian 88% 26 * common- 12 - 5 Light 1,100 IV* certificates escrow with Nov 88 % ■ 10 Sugar Power 13% 16% 1% 10 ^Debenture 40'A IV* 10 . .... Jan 43% 4% - 5 % Fiiday's or Sale Price Interstate Power Co— 50 4% 1 _ Jan Jan 5 % 2,725 16 V* — — 1 Jan 44% • 16% * warrants. _ Products —— * Securities with common Rubber Reclaiming Co United Stores Corp common Universal Consolidated Oil Universal Insurance Utah 300 Week's Range Last Period Low 41 3/4 13 ■ 1 S Radiator Universal 5 Va Interest High 43% 13 10c Friday 200 27 17 New York Curb Exchange 41% __ 1 _ B International 1st S 44% 25 „ Conditioning Corp and $5 U % 5 ... common.. —25 common FEBRUARY BONDS Low • _ Specialties (775) EXCHANGE ENDED Range Since January 1 High Va 10 Machinery Preferred United Low 25c common CURB WEEK CHRONICLE for Week Sale Price Exchange FOR FINANCIAL Sales STOCKS New York Curb & —— 36137 Closed - Range for 1950 High — 36.49 Feb. 35.13 Jan. Low 4 4 36.31 Feb. 15 36.22 Feb. 16 36.28 High Feb. 17 36.34 Low Range for 1949 — 35.20 Dec. 31 27.79 Jun. 15 J ■t' > f 28 COMMERCIAL THE (776) Transactions at the New York Stock Number of Daily, Weekly and Yearly Stocks Bond (Number Bonds Sales $159,000 Holiday $973,000 $1,132,000 „ 3,935,000 537,000 3,398,000 2 213.030 Total Government Bonds Bonds Bonds United States Bank Foreign and Miscel. 826,170 Saturday Monday Tuesday Transactions at the New York Curb Exchange Int'l Railroad Shares Week Ended Feb. 17,1950 1,733,440 733,000 $5,000 3,248,000 2,170,000 271,000 10,000 2,451,000 1,936,920 Total 2,510,000 1,916,450 Wednesday Thursday Friday 2,828,000 400,000 8,626,010 Monday, February 20, 1950 CHRONICLE FINANCIAL Exchange Daily, Weekly and Yearly Stocks & 3,228,000 191,080 Saturday Monday Tuesday Wednesday Thursday Friday 3,662,630 8,626,010 $151,000 Holiday 7,000 779,000 405,660 44,000 404,000 11,000 459,000 465,250 206,000 302,000 14,000 522,000 1,920,675 $587,000 $1,390,000 $47,000 $2,124,000 14,000 115,000 366,000 1,548,100 13,250,850 11,879,000 11,897,000 17,118,400 146,660,800 100,829,600 $13,470,100 $163,990,400 Total 1,042,705 13,287,543 8,027,252 $687,000 $846,000 $6,144,000 $5,380,000 101,000 3,374,000 1,602,000 4,000 387,000 278,000 $951,000 $9,905,000 $7,260,000 Bonds Foreign government Foreign corporate Total __ 47,000 __ __ __ _ STOCK EXCHANGES OTHER RANGE FOR WEEK ENDED FEBRUARY 17 Friday Boston Stock Week's Last Range Sale Price of Prices i : . Shares Par , Agricultural Chemical Sugar Refining American American • 100 100 Tel American Tel American Woolen Copper 149% * Anaconda 50 100 Boston & & Albany RR - 149 __ __ 47 437/a 41% High. Low 11 40% Feb 45 Jan 222 38% Jan 41% Feb 149% Feb 146% Jan 149% 2,435 31 Va 1,487 23% Feb 32 Jan 29 Va 29% 111 111% 46 47'% 340 28% Jan 31% Jan 23'A 237/a 25 Edison Boston 43'/a 39% __ Columbia Gas Range Since January 1 High Low Jan 111% Feb 2,404 45% Jan 47% Feb 93 107 Davton 100 36% 14% 350 14% Jan 1% 36'A __ 100 14% 14% 100 Stamped l7/a 37'A 18 1% Feb 14% Feb Common 7% stamped prior preferred 7% class 100 • stamped pfd 1st C Boston Personal Prop Trust Calumet Eastern 6% Street Mass 5% Eastern SS 100 100 100 A adjustment—" preferred General Safety Loew's 61 75 68 Feb 75 General Feb 41% New Cash 21% Jan 24 % 39 Jan 70 Jan 46% Jan 37% 70 46 Va 44% 36'/a 46% 37 53% 11 54% 15% 157/a 75 75 95 % 51% 55 % 95 % 51% 56 17% 17'% 18c — — 25 20c 11 — 100 Ry Chemical New New • N 1 Cos New Haven & 20c 50 10 2.50 Rexall Drug Co 9'A 40c 9% 2.50 » 11% 92% 11% 93% 100 Hartford Mining Pennsylvania RR Reece Folding Machine— 56 — " 20 100 England Electric System England Tel & Tel y — ' 5 Service North Butte — * Corp Linotype Nash-Kelvinator National 75 100 5% Mathieson Jan 45% Feb 74% 77% 266 68% Jan 78 Feb 33% 20 33% Feb 35% Jan 13% Jan 12'A 31 11% Jan 34% 34% 121 32 Jan 34% 27 Va 27'A 50 27% Feb 28% Jan 17% 17% 17% 90 16% Jan 17% Jan • 15% 15 15% 448 12% Jan 15% Feb 16 16 2 16 Feb 17 Jan Jan 12% Corp Vacuum Oil ,__15 Oil 13 115 11% 22% 42 21'A Jan 23% Feb C6% 67 68 66 Jan 69% Jan Standard 10 26% 27 104 25'A Jan 27% Feb 34% Oil 34% 70 34% Feb 36 Jan 29% 30 449 25% Jan 30% Feb • J) (N 1 Assn — 19% 50 22 Jan Jan 79 Jan 4 50 Jan 66 115 Feb 4% (Ohio) Roller Bearing , 22% * 1 ;—• Stop & Shop Inc Torrington Co _5 Drill— Twist Union * United Fruit Co United U S Shoe ' ; 5% 78% Timken Jan U S Steel (new) 29% • * 60 Feb X36 235 3,028 215 64% Feb Watling, Lerchen & Co. Members New 25 10% Jan 11 Feb 267 50% Jan 55% 16 15 Jan 15% Feb 70% Jan 77 Stock Jan 25 York 95'A 10 Feb 95% Stock Detroit DETROIT Ford Building Feb Telephone: Feb 143 47% Jan 53% 52 Jan 56 WOodward 2-5525 Feb 110 Feb 17 Jan 18% Jan 17c Jan 30c Jan 11% 93% 2,235 10% Jan 12 210 92% Feb 96% Jan 9% 41c 185 7% Jan 9% Feb 100 700 29c Jan 70c 904 16% Feb Detroit Stock Exchange Jan Jan 17% 1 Jan 1% 5% Feb 6% Sales Range for Week of Prices Shares Friday Jan 35 Week's Last Sale Price Jan 50 Jan STOCKS Par . ■ Low' common Co Westinghouse 227/a 56% Electric 25 44'A — 560 15 Jan 16 Jan Allen 105 20% Jan 22% Jan Altes Brewing 17% 34'A 95 17% Feb 19 Jan American 2 540 33% Feb 36% 6 325 22% Feb 25 Jan Baldwin 2,224 53% Jan 60% Feb Brown-McLaren., Mfg 31% 58% 44% 43'A 323A Electric __ Metal Prod Rubber _ 49'A Jan Jan 43% Feb Chrysler 30% Jan 33% Feb Consolidated Continental Motors Cincinnati Stock Exchange Range of Trices Shares Last Sale Price Low Par Range Since January 1 Low 19% Feb 20% Jan Gar Champion Paper Cincinnati Cincinnati Street Gemmer 3% Feb 3% Feb Gerity-Michigan 145 32% Feb 34% Feb Goebel Brewing 32% 33% 435 30% Jan 33% Feb Graham 28% 28 % 50 26% Jan 28% Feb Hoover 5% Jan 5 Feb Paige Ball 73% Feb 75 Bell Tel— Cine & Sub Cola class 10 105% Feb 108 Jan Eagle Picher Formica Insulation Art Gibson ________—— Hatfield preferred Kahn preferred 100 50 ____ — 16 Feb King-Seeley Jan Procter & Gamble.. When Randall issued class —— B 18 * * * 88 Printing * 50 8 common Preferred Western Bank Unlisted * Telegraph—100 Armco Steel 25 29% 10 City Products * 69% 32% For footnotes 1 see page 36 ' 22% 'A 2% 39c 20% 7% 1,720 4.103 23 340 6% 2% 1.600 . 7% Jan 23% Feb 6% Feb 7% Jan 2% Jan 2% 22 Feb 39c 500 30c Jan 44c Jan 20% 360 20% Feb 22% Jan 725 4% 4% Jan 5% 13 13 185 12 Jan 13 77% 78 1,179 70 Jan 78 Jan Jan Feb Jan 3% 3% 200 3% Jan 4% 11% 3% 11% 170 10% Jan 113A Feb Jan 2% Jan Feb 13% Jan 13 2 2% 248 13% 13% 208 13% 13 2% 13 100 12% Jan 100 3% Feb 2 17% 17% Jan 145 44 Jan 46% Jan Kinsel 58% 60 365 53 % Jan 60 Feb Lakey 32 32 92 32 Feb 35 Feb Lansing Stamping common 46 46 15 46 Jan 46 Jan 61 192 15% 35 18 18% 207 87% 88% 1,704 59 'A Jan 61 Feb & 15'A Jan 16% Jan 11% Jan 19% Feb 89% Feb National Stamping Jan 7 Feb 21% Feb 22% Jan 150 3% Feb 3% 1% 1% 100 1% Jan 13A Jan 7% 7% 100 7% Feb 7% Jan 2% 2'% 200 2% Feb 2% 3% Feb 1% 1% 100 1% Jan 13A Jan 1 4 4 4 400 3% Jan 4% Jan 7% 7% 200 7 Jan 7% Feb 1% 1% 343 1% Feb 1% Jan 3% 3%' ' 483 2 Jan 2% Jan 4% 4% 345 4 Jan 4% Jan 2% common 56% Feb 59% Feb 20% Jan 26 Feb Park 2% 12% 190 11% Jan 14 Jan Peninsular Metal Products 100 2% Jan 2% 2 2% 450 2% Jan 2% 37 152 32% Jan 38% Jan Pfelffer Brewing Rickel (H W) & 171 37% Jan 43 Jan 23A Jan 3 Jan Rudy —2 _ Packard Motor Car 20 47% 47% 14 47% Jan 47% Jan 8% 19 8'A Feb 8% Jan Chemical _ • _ 1 _. 40 Co '20 9% Feb Sheller 396 146% 149% Feb Soss 30'A 275 26% Jan 30% Feb Superior Jan Jan— 11% 29% 520 28% Feb 30% Jan _ _ Timken-Detroit Axle 69 % 210 66 Va Feb 78% Jan Warner Aircraft Jan 33% Feb 2% 2,750 12% 348 12% Feb 13 21% 625 21 Jan 23 200 9 Jan 2% Feb 9% 23A Jan 200 14 % Feb 16% Jan 85c Feb 1.00 Feb Jan 1% Jan 9 1 —_5 common Wayne Screw Products 3 2% common. 1 15 9 2% __ Die 28% Jan 12% 2% Manufacturing & 100 Jan 3 2 __io 66 % 31% _ 1 Manufacturing Co Tool 40 21 . Manufacturing 149% 149 7/a 44 4% 725 3% 1% 35 33% 4,270 1% McClanahan Oil 59 32% 7 22 1 26 11% 5% 21% Jan 1 _ Products 26 11'A Jan Feb Jan 4% 7% Machine McAleer Manufacturing common McAleer Mfg preferred 80 3% 1% Foundry Screw 7 1 Drug Masco 3% 21% 45 29% 18 . - Jan common 19% 8% Service Chesapeake & Ohio 8 'A ' 36 H'/* 149% Feb 7% 7% 23 —2% common Scotten-DIllon American Airlines Cities 16 Stocks— American Telephone & Jan Jan Motors 12% 47% 7 7% 1 59 26 * Rapid 10 50 15% 1 — Jan Jan 1 _ Kingston Products 16 60% * Magnavox S. — 6% 6% 10 17% — 100 1,047 1 45 60 * Kroger Lunkenheimer U. * ■-* _ Kaiser-Frazer Feb 5 73% 16 * 10 — Feb Jan 105'A 105% * A (Dan) Jan 20% 6% 20% Bearing 450 67% Jan 7% _ 554 Feb 20 6% 1 _ Corp 5% 63% 790 6% 10 73% 601 20% 7% 1 _ Motors & 14% 63% 6% _ Howell Electric Cohen Jan 14% 4% Hoskins Manufacturing 5% 73% Jan 15 5 Motors 100 50 Jan 86c Jan 6 Manufacturing class B General 3% 25 11 Feb 14% Industries 33% 33% Jan 81c 420 20 ,!«•__ 3% common_8% Machine 10 Milling 10 100 14% 20 _ 32% Gas & Electric Cincinnati Coca Navigation- 20 —_1 Mach__ Balcrank 303 81c 1 19% 20 Feb 10% Stove Trailer Wood 15% 1 common * American Laundry 193 High Jan 10% 10 —_ Frankenmuth Brewing common Friars Ale Brewing High Jan 13% 820 81c _ Edison Fruehauf 6% 15% Corp Detroit-Michigan Sales for Week Week's 2% Jan 10% • Paper Detroit Jan 5% 63% Feb 37% 422 2% 14% 1 _ Burroughs Adding Machine 43% 45 Detroit & Cleveland Friday common Jan 350 1,100 15% _ 625 Davidson Bros stocks High Jan 23 Low 2% 8 1 56% 43% x42% 32% 12.50 Corp 157/a 213A Range Since January 1 High 2% V- 22% — Exchange Chicago Stock Exchange Exchange 17% 33% __ York Curb New Exchange 15% 21'A __ 10 Machinery Rubber Feb Jan Feb 66% 402 2,200 16% 17% 11 . 5% 5% 17% — — & Webster Inc Stone 13% 13 22% 5 Brands Standard Feb 25 Co Standard 1 Shawmut Jan Feb 37% 68 37 1 Theatre Mergenthaler 41% 50 RR Maine Central RR— preferred Massawippi Valley 90 Feb 33% 45% Feb 41 Feb 44% 27'A Jan 66% 34% * Feb Jan 13 Jan ,t» ■. Pennsylvania Socony Feb 30% 33% Oil Radio 11% 60 * Central York 1,011 76 10 Ohio Edison Ohio High- 12% 33% .45% • «. Low 11% 33% 11% 7 Register Range Since January 1 High Jan 1,150 Light Motors National Low Jan 250 36% 36 % 70 * — Copper Boston 45 69% 37 23% 22% — _• Co Razor Hathaway Bakeries Kennecott 61 % 23'A • Electric Gillette 4'A 20Va 36% * Stores National Jan 74 4 69 36% • Employers Group Assoc First 5 39% 68 • • Inc Lines Feb 66% — Shares Ry— 1st preferred series preferred series B 6% Feb 4% 4'A 19% __ 10 Service Cities 36% 52 61% 5 Hecla & Jan 360 74 4 „ 100 RR Providence & Eoston Jan 2 & Electric Southern Railroad— Boston & Maine for Week • Power General Railway— Boston Elevated Range of Prices --Par Sales for Week stocks Sales Week's Last Sale Price Exchange Friday 1949 1,920,675 Domestic $114,614,950 — 1950 1949 1950 $168,500 $96,200 $11,000 Jan. 1 to Feb. 17 Week Ended Feb. 17 $15,000 Industrial & 208,000 654,000 1949 $13,994,000 Foreign Railroad 10,000 30,000 118,000 31,593,544 65,900,415 2,100,000 Bank ■ 168,000 Bonds U. S. Government Total $156,000 479,865 Stocks—No. of shares International $5,000 Jan. 1 to Feb. 17 1950 1949 1950 Foreign Corporate ______ 378,820 Total Week Ended Feb. 17 Stocks—No. of shares Week Ended Feb. 17,1950 Government Domestic $13,994,000 $15,000 $2,100,000 $11,879,000 Bonds (Par Value) Foreign of Shares) 2% 15 15 85c 95c 1% 1% • 410 1,210 200 2 1% Jan 27/s Feb Jan Jan Jan Volume 171 Number 48&3 THE COMMERCIAL * & V. . . FINANCIAL OTHER STOCK RANGE Los Angeles Stock Friday STOCKS Week's Juneau Gold Range Ams-Chalmers MIg Co (Un) Airlines (Un)-*— Low American Power New & Light old & St San 11% a Co (Un) American Viscose & Tel Woolen Anaconda Copper Steel (Un) (Un) Corp American Armco Co Co 149% 25 3% Feb 4 Jan 470 31% Jan 34 Jan Pullman 10% 11% 15% a!5% 14% Jan 55% Feb 1,659 20 515 29% 3 Barnhart Morrow Barnsdall ' j Co 29% 9% al03%al05% Oil Consolidated Co » Bendix Black Blue (Un)— Corp (Un) Cons Diamond i Bolsa Chlca _ Oil _ Company (Un) Borg-Warner Corp (Un) Broadway Dept Store. Budd Co (Un) California _ Packing Corp Caterpillar Tractor Co Certain-teed Consolidated Consolidated Continental Continental Oil Creameries Crown Vultee of Co America Zellerbach Class A Electric Bond Liquidating Fitzsimmong Stores Power Garrett 50 Feb 51 56% Feb 56% Feb 7 V2 Jan 8V4 Jan 13% 13% 768 12'/a Jan a34% a34% 169 __ . 15 % 15'/8 & Electric Southern 17% 400 15% Jan 65 Va 358 63 % Jan 67% Jan 198 67% Feb 76% Jan 4% • 16% 11% 4% 1,105 15% 110 15% Jan 17% Jan 16% al6% 50 17% Jan 17% Jan 15% a a a a a 1 22 * Union Carbide Feb Union Oil Co 8% al8% a 330 Jan 32% 305 28% Jan 35 28% Jan 155 34% Jan 12% 35 12% 51% 13 Feb 1,630 52 % 406 50% Jan a33% a34% 53% Jan 230 33% Feb 37% Jan Jan 7% Jan Union 55% 12% Jan 59 % Jan United Jan 14 Jan United 29% Jan 32% Feb United Gas 6% Feb 7% Jan United Paramount • 1% 9% 9% 9% a2l a21 102 aan 19% 13% Jan Warner Bros 46c Jan Western Air 10 Jan Feb 350 15% Jan 45% 45% 1,349 42% Jan 208 49 v2 1,337 17% 75 75% a41% Jan 22% Jan 26% Jan 29% Feb Feb Woolworth Feb Zenda 61% Jan Jan 72 Jan Jan 24% Jan 14% Jan 18% Feb 18% 19'A 17% 326 16% Jan 9% 19% Jan 9% 700 8% Jan a70% a71% „ 86 Jan 22 9% 326 22 Feb a42% a43% 25% 255 42% Jan 44% Jan 26'A 2,707 25% Jan 27% Jan 85 297 85 Feb 85 a26% a26% Feb 50 22 22 a42% 25% 85 — __ — Jan 26% Jan 15% 27% Feb 15 % 15% 126 14% Jan 15% Jan 17% 17% 17% 475 17% Feb 19 Jan 1 Pictures Inc Lines 1 (Un) Tel __ • 23 Feb 21% Feb 38% Jan 41 Jan 2,563 25% Jan 30% Feb 29% 30% 40% 43% 330 14% 13% 8% 14% 1,480 — a22% 1 Jan 40% " Feb 43% Feb 13% Feb 16Va Jan 8% 460 a20%a21% 31 % 32% 88 21% Jan 22% Jan 611 30% Jan 32% Jan a21% a22% 88 __ a20% 12.60 4 Feb 20% 25 30% B (Un) 22% 800 43% 1 Co 75 21 20% __ 10 Inc a21a21!/a a43% a43% __ 8 Jan «— ——- 9% Jan a— 6 6'A Jan 6% 49% 49% 215 49% Feb 49% Feb 2%c 3c 10,000 2%C Jan 3c Jan 3, ILL. __ Jan 78 Feb 8,4.02 • Westinghouse Elec Corp (Un) Kentucky Coal Co (Un) Willys-Overland Motors Inc (Un) 45% 12% 17 Va West 49 Viz 60 % Feb 17 1 Western 590 5% Feb Feb 69% Jan1' 17 Vb 17% 577 16% .Jan 48 3/a 17% 245 44% Jan 2% 2% Jan 21% 17% Corp Feb 19 66% 100 10 Jan ___ 542 l,0o7 Feb (Un) 9% 48% • Theatres 1% a— a48% a49% 75% 0 (Un) III 19 45'A a48% Inc Steel Union 1 9% Feb 71% Jan Jan a__ Jan 44% 69% 23 Consolidated Oil Co Jan 18% • States 13 975 a20% Feb 64% Jan 1,470 • Corp 37c 743 1 Corp (Un) Goodyear Tire & Rubber Co common Graham-Paige Motors Corp (Un) 18 23% Jan 42% 10 Lines Universal 342 • Air Jan 1,900 Jan 61 145 24 5 19% 40c 21 2,133 a44 23% 1 Certificates of interest in com United States Rubber Co (Un) 13% 528 62 % 60% 50 United 38c 22% 24 __ S (Un) (Un) Feb 13% Feb' 2 (Un) Corp Feb * (Un) Aircraft Co Jan 38c 2 RR 9 % 13'A 1 % 20% 25 22 % Feb 13 61% a36% (Un)_* 74% 1 A Pacific Corp Jan 17% Jan 10 com .Tan 134 11% Feb 22% __ • 7% 370 31% a42% __ 25 72% 18% 22% • (Un) 22 Va 18% a — • 25 140 18% __ • 28 100 Jan „ 20 Carbon 6% 4 Great Northern Co preferred 32% 28% 615 - 32% 35 Co Calif 350 9 17% & of 592 a73% a73% Feb 32% (Un)_— J) Oil 100 a23% a23% 30% 28% Century-Fox Film (Un) Jan a73% 3 General Foods Corporation (Un) General Motors Corp common General Public Util Twentieth 4% 13% a23% Jan 60% Jan ' 29% 540 Jan ' 240 Jan 35 (Un) Transamerica Corporation Transcontinental & Western Air Tri-Continental Corp (Un) 4% • (N (Un) Sulphur Co 10% 7 Feb 29% 25 (Ind) Assoc 500 32% Feb 29% 27*% pfd class A—25 6% Company Gulf 1,300 6% 35% Jan Feb 3,010 32% Jan 26% Jan 4% 32% • • 34 Va 440 21 6% (Un)—5 15% 3,712 27% 36% 13% 22 Jan 35% 27% Jan 13 13% 14% 34% Jan Jan 13% Jan Jan 1.05 a56% a56% Jan 17 10% Jan 13% 24 Feb a 19% 90c 1 Jan 16 150 22% 16 36% 6'A 5 Jan 22 877 22 55 4.1 it 0% 22c 145 16% 14% to to 340 Texas 1 Jan Jan 3,584 Tidewater Jan 36% 20c 21 Texas 26 % 3,000 20 % Jan Feb 20c a36% a36% Jan 21% Jan 20c — 12% Jan 1,020 37% Feb 12 12% 22 % Feb 31% 12 19% 21% 35 1,443 1 30% Jan 286 33% — • Sunray Oil Corp common 4% % preferred class B Swift & Company (Un) Feb 30 35% 31% 29% Jan Jan 35 32 28% Feb 27% Jan a21% a21% 11% 220 Jan 73 a66% a67% 17% 29% Feb 43% 28 % 30% 29% 21% Feb Jan a21% 70 650 Jan 41% 67 a66% 170 90c Feb * 11% 200 Feb 33% 1 30% • Light Co Feb Jan Jan 25 a 16% 90c 50c 4% 19 Vb 9 (Un) 16% 1 Co Jan 1,934 6 36% & Webster Inc (Un) Studebaker Corporation (Un) 30% • (Un) 4 280 69 % IB Southern Pacific Company Southern Railway Company (Un) Standard Brands Inc (Un) Standard Oil Co of Calif 11% 23 1 17% 1,608 41% 68 Jan Jan 35% imii Stone 17'A 65 Va 555 41% • Calif 31% 20% Feb Jan 42 5 Feb (Un) class of Co Standard Oil Co a67% a67% 52 %c Feb 69% 25 Gas Standard Oil Co 17% Jan 31% • preferred Jan Corp Co Jan 49c 37% 20% — — II-30 preferred Southern Calif Feb Inc Ltd 14% a__ Jan 21% Feb 1.7B 25 4.88% Feb Jan Corporation General 110 415 450 15% Products Corp Exeter Oil Company Ltd A Florida 51 6% Jan 500 31% — 20% Co 4.56% 35% 20 Inc R Jan 48 Va Electrical A 6% Feb Feb 20% 50c Jan preferred Jan Inc Share & Feb 7% 1 Co 5 15% 5% 172 25% 4.48% Jan _ Aircraft Industries 905 802 49c Southern Calif Edison Co Lta com—25 4.32% preferred 25 Feb (Un) Corporation Dresser F Jan 14% Curtis Publishing Company (Un) Curtiss-Wright Corp common (Un) Douglas Feb 26% 5% 20% a20% al3% 33 Mng Y (Un) (Del) 8% Jan a al3% 45% • Aircraft Corp Jan 25% 5% — 1 78 Liquidating Corp Motors 7% 37 Feb Jan Jan Co 103 Engineering Corp Consolidated Feb 2,755 Aircraft 26% 11% 5% Sinclair Oil Corp Socony-Vacuum Oil Co Inc (Un) Solar Jan 6,205 8% Co Petroleum 430 (Un) N 3c 8% 5% 56 % 1 of Jan — a20% 15 a34% a34% Commercial Solvents Corp (Un) Commonwealth Edison Co (Un) Chollar Gould & Sav Edison & 15% a44% a45% Colorado Fuel & Iron Corp com Preferred Consolidated Feb 34 Va Feb 7% 10 Cons 41% Jan 23% 15% 30% Jan Jan Jan 18 13 2%c Feb 880 5% 306 Signal Oil & Gas Co class A 31% 9% Feb a36 Signal 35% Jan 4% a7% Jan 507 8% 700 a7% Feb 915 100 4% a35 % a34% Co Feb 8% 25 % 11% 15 9 (Un) Feb 2,000 8% 4% 25% 160 25c 2%c Jan 15% 1,114 56 41% 29 Jan 38 Feb 32% Jan Feb 12% 5% Jan Jan 36% 26% 7,993 5% Jan 11 Jan 234 15% 37% 17 800 33% 26% 15 38 25c 11% Jan 5% 50% 20 Jan 16% 1 500 13% 1 (Un) System Roebuck 50% Jan a • 435 56% 25 Gas Sears _..25 ; Clary Multiplier Corp Columbia Shell Oil Feb Feb 16% 137 1 Security Company Feb 10 Corp Chrysler Corp Cities Service Co Jan 4% 51 25 (Un) Products 85 11% 48% 25 a35 15% 8% Co 13% Feb 620 15% a — (Un) Finance Jan 11% High a34% • 1 a22c 8% „ • common- Regis Paper Co Jan Jan Jan B St 3% 17% 8% 50c Safeway Stores Inc 10% 975 15% 1 _ Schenley Industries Jan 11% 49% Co Feb 7% • Canadian Pacific Ry Co (Un) Case (J I) Company (Un)—: 11 Jan Jan Low common Aeronautical Seaboard 780 Corp 20% 16 Va 10% 15% III—1 50"% 5% _ : Jan Oil Feb 669 26% a —2.50 Feb 7% ■ • _ 40 a26 a26% . —5; _ 109 1,900 -15 . Jan Jan 2%c 8% 5 1» Borden Ryan 41% 2%c 2 » (Un)__ Corp Richfield Jan 32% » Corp Airplane Company Boeing i 5 10c- Co_ Feb 9% Jan 1,600 11% " — Mining 29% Jan 18% 17% 49% 11% • Co Co 645 17 —— Inc Oil 19% 17% • Gas High 19% — • Manufacturing Co Ranch Jan 8 & Drug Rice 28% . (Un) a22c 5 Corp Steel Mammoth Oil Rheem Jan 5% 4% Rexall Jan 30% 37% 11% Reserve 32% 107 % al9% al9% _20c Aviation Bethlehem , i — * Co Range Since January 1 Low _ 25 (Un) 50% 1 (Un) a__ 75 4% 4% Shares -33 %c Republic Pictures Corp (Un) Republic Steel Corp (Un) Jan 120 13% Feb Co Corp of America Feb 6,797 10% 11% al9% 1_ — 149% 38% 12% 1 Basin Oil Co a 6% — Jan 7% a37% for Week 50 Incorporated (Un) Oil 23% 1,435 7% Sales Range of Trices 1 Radio-Keith-Orpheum Corp (Un) 28% ■ 520 9 ;—10 common 146% a__ 1,797 29% Locomotive Works (Un)_—_13 Baltimore & Ohio Railroad Co (Un)_100 Corp Radio — Feb. 31% Baldwin Petroleum Pure Feb Jan _ Bros Feb 16% 55% 29 V2 Company (111) (Un) 5 Topeka & Santa Fe Ry (Un)—100 al05Vt} Atlantic Refining Co (Un) 25 a38% Barker 11% a— 13% 23% Armour & Bandinl Jan 85 29% (Un) Jan a— Jan 170 23% 10 Manufacturing Corp 9% 3'A 14% * (Un) Feb 15% 60 57 30 (Un) 3 2,005 19% 149% 149% Atch Avco a a68% a68% 14 (Un) Mining Co Corp Co 3% 100 a54 a54% 100 — RR (Un)— (Un) a 14% Tel Pennsylvania Inc 33'/a Smelting & Refining (Un)__* American Pictures Pepsi-Cola Co (Un) Phelps Dodge Corp (Un), Puget Sound Pulp & Timber al9% • American High Paramount 33'/a " ^ Radiator Range Since January 1 Low 3 Week's Last a3% 33 Vb (Un)-— common Amer Friday Sale Price STOCKS High 3 1 Inc 17 Par Shares • American FEBRUARY for Week of Prices Mining Co——10 1 1 (Un) EXCHANGES ENDI D Sales Last Par Alleghany Corp WEEK (7771 Exchange Sale Price Alaska FOR CHRONICLE v • 48% 2,230 1% Jan 2% W) Co Mining (Un) 10 — 10c Co 3c Feb 2% (F Gold Feb a41% a41% 50 ' 42% Jan Feb 42% Jan Greyhound Corp (Un) Hancock Oil Co of Calif A Hilton Hotels Corp 3 Holly 1 1.70 1.60 1.70 2,050 1.55 12.50 14 13% 14 630 13% 6.66% 10% 10% 160 9'A Jan 10% Jan 25c 3c 3%c 8,000 3c Feb 7%c Jan Jan Development Hudson Motor Car Hunt 3 Co Company Foods, Inc Imperial Development Co Ltd Independent Exploration Co International Nickel of Jade Oil & Mfg Merchants Co American American Co Co Inc (Un) Oil (Un) - Inc (Un) (Un) Cons 7% MINNEAPOLIS Jan 17% Jan 54% 47% Feb 23 Jan 25% Feb 20 17% a 46 a25% a26% ■I- 85 16% Midwest Stock 7% 1.30 1,500 1.20 Jan 1.40 Jan 27% 849 24% Jan 26% Feb 17% 26'A 1.20 26% 1.30 7% 17% 597 17% Feb 18 Vb Jan 26% 26% 305 24% Jan 26% Feb Abbott 20 Feb Acme 430 7 7% Jan 8 1% 1% 5,480 Jan 2 Jan 60c 65c 800 60c Feb 90c Jan 19% 19% 810 Corp Advanced Aluminum 17% Jan 19% Feb 2% 2% Aetna Ball 100 2% Feb 193% • a57% see page 1.60 17 30d 173/a a9% 1,000 » a9% 670 100 ' • • 1 • 36 ; r a56'A a58 % 1.60 17% 2,971 22% 22% 12% 12% 12% 12% 11% 12% 1% 54 Va Jan Jan 3 58% Jan Steel Admiral Allied Jan American Airlines American 8% Jan 9% Feb American Rad American Tel 24% Jan 13% 1,345 10% Jan 12% Feb Anaconda Armco Steel Co 18% Jan 20% Feb Armour 47% 250 41 Feb 47% Feb 21% 21% Asbestos 425 17% Jan 21% Feb Atch 6% Jan 7% Feb 7 7% 585 28c 28c *1,200 1.55 1.65 6,150 34% 34 % 228 a26 % a27% 10% Feb Barber Mfg (W 6% 7% 7% 200 6% Jan 7% Jan 3% 700 3% Feb 4 Jan 3% 32% 32% Jan 34% 1,300 26% Jan 11% 10 11% 5,300 9% Jan 11% Feb 21% 21% 21% 700 21% Feb 22% Jan 14% 15 750 13'/a 146 % Jan 28% Jan 31 30% 1,310 27% Jan 30% 9% 4,100 7% Jan 9% Jan 1%. 1,500 1% Jan 1% Jan (Un) 70 103% 29% 30% 29% B Fe 29% 9% 1 1% 100 4 103% 103% ~5% Jan Feb 15 149% 107 Feb Feb Jan Feb Feb ~7% 1 24% 5% 5% 1,300 4% Jan 6 Feb 2 3 3 H) 149% 149% 1% Feb 968 29% 9 34% 1,500 149% 10 . Santa 3% 50 (Un) Corp Co Jan 2 Va 100 1% Jan 2% Jan 6% 7% 30,600 5% Jan 7% Feb Feb 21% 24% 150 21% Jan 24% 36% 36% 300 33% Jan 37% 13% xl3% 100 11% Jan 13% Feb 1.700 35% Jan 42% Feb Jan 12% Feb 20% Jan 22% Feb 32 % Feb Berghoff 34% 1 Jan 6 1.150 Bethlehem 4% 35 Jan 36% Jan • 33% 32% Binks 33% 1,155 30% Jan 34 Feb 12% 12% 12% 150 12 Jan 12% Feb 14% 225 12% 13 700 12% Feb 14 Jan 56 55% 56% 440 55% Feb 59% Jan 37% 38 Va 75 37% Feb 40 Jan 17% 100 17% Jan 19 Jan Bastian-Blessing Co Belden 35 29% 100 63 28% Jan 29'A Feb Jan 205 61% Jan 63 Va 496 52 Feb 54% Jan 552 4 Jan 4% Jan "1,776 9 Jan 10% Feb a52% a52% 10% 34% 5% 28% 1,694 9% Avco Jan 200 100 (Un) Co & Feb 6% Jan 333/a 4 3/a Feb Jan 25% Feb 33 Vb 63 Feb i:70 21% Jan 12% 22 34 4% 31% Topeka 35c Jan Jan 6 (Un)__• Co Mining Products Corp Automatic Washer Jan 19% 17% 27% a36% a36% a52% 1.40 Jan 464 5,100 1 Co (111) Mfg 54% 155 12% 22% • Tel High Jan 405 12% 29% 20c & 25% Low 51 312 1 Athey 71/2 33'A & 20% 23% 1 (111) Stand San & 53% x20% • Bearing (Un) Copper 51% Range Since January 1 High 5 Laboratories Feb 50 Castings Investment Jan Low • Feb Jan Feb Shares 24 (Un) 1.75 11% 1.50 10 Roller Alleghany Corp 45 a27% & 18% 22% for Week x20 Vb Jan -1.206 Range of Prices 52 - Co Feb 1.60 17 1.31 • a20% a20% 21 % 10 25 11% Sales Last Par Laboratories 18% 20 Week's Sale Price STOCKS l% Airways Corp (Un)__2% CLAIRE Exchange Friday Jan 18'A 1 (Un) EAU Jan Jan 8 Co LaCROSSE Jan 51 1 (Un) MADISON Feb 45% 25 footnotes Jan 41 redeemable preferred class A—25 Pacific Indemnity Co 10 Pacific Lighting Corp common-—-., * For 4% 690 (Un)_100 preferred American 9% 12c 165 5% Pan Feb 100 7,063 18% 1 Car Jan 12c 46 10 — Inc Co Motor 13% Feb 7% a53% a54% 10 Pacific Clay Products Pacific Finance Corp of Calif Pacific Gas & Elec common Packard Jan al6c 5% Chicago Board of Trade MIDWESTERN LISTED AND UNLISTED SECURITIES Jan al8% 1 Corp CHICAGO 6-0780 Feb 29 a53% 5 (Un) Railway Co Company 14% Jan a 1 Oil Co Edison Jan 28% 885 al6c 1 Occidental Petroleum Corp Oceanic 13% 75 12% 7% 1 - ST. Members: Jan 165 a28 12% 12% 5 • RR Aircraft 14 LA SALLE Telephone Central 1 Co 81 Oils Pacific 14 SO. Midwest Stock Exchange a27% • X Aviation Northrop 6% 2.30 105 1 Petroleum Northern Ohio 10% Jan 10c National City Lines Inc National Distillers Prod Ohio Jan 1 Diablo Oil Mng & Dev Co Nash-Kelvlnator Corp (Un) North 9% 7 '. American Co Jan • Mt North Jan 2.10 • New York Central 1.85 15% 1,900 B Middle South Utilities North Feb Feb 3,820 (Un) Corp Ward Jan 10 (Un) Monogram Pictures Corp Montgomery 12% DAYTON 6k GERNON Jan Jan Feb 2.25 l Co Co 11% 112% 9% 10c Los Angeles Biltmore Hotel Magnavox Company (Un) Menasco 11% Jan Feb 2.15 (Un) Lane-Wells Company Libby McNeil & Libby (Un) Lockheed Aircraft Loew's Inc (Un) 95 * Can Corp Petroleum all% all% 10% 104 9% County Land Co Lincoln 413 Teleg Corp (Un)—• Light Kennecott Copper Kern 919 105 2.20 Corp Power 11 105 io Company Kalser-Frazer Kansas & 10% 105 33VaC Intercoast Petroleum Corp Intcrlake Iron Corp (Un) International Tel 11 • . Mfg Co Bendix Bliss Aviation B Brewing Corp Steel Corp (Un) Manufacturing Co & Laughlin Inc Eorg (George W) Corp Borg-Warner Corp Brown Bruce Shoe Co (E Co L) • 10 Inc common 39% 2% 14% 10 8 13 2% 5% 17% 42% 6 14 Jan Feb 6% 14% Feb Feb Jan 29 30 COMMERCIAL THE (778) & CHRONICLE FINANCIAL Monday, February 20, 1950 OTHER STOCK EXCHANGES RANGE Friday STOCKS Week's Shares Butler Canadian Pacific Light 29 Jan 34 Feb Richman 16 Va Jan 19 % Feb St Louis 10% 1,130 9% Jan 11 % Jan St Louis . (Un; 14% Jan 15% Feb 3% 3% 3% 1,400 3 Va Jan 3% Jan Schenley Industries 3Va Jan 4 Jan 14% 14 Va Jan 15Va Jan Serrick 89 35% Jan 38% Feb Shellmar 2V2 2% 2 Va 200 2% Jan 2% Jan Signode Steel 300 19% Jan 20% Jan Sinclair Oil * Feb 7 Feb Society Brand Clothes 7 7 20% , 116 7 17Vi 17% 17% 240 2914 28 29% 1.300 13% 14% 65 65 14 la 18 Va Feb 28 Feb 30% Jan South 1,100 12% Jan 14% 64% Jan 65 Jan 7% Jan Feb Standard Dredging 100 41 Va Jan 46 Jan Standard Oil 53 91 Jan 97 Feb Standard 1,170 63 Jan 68% Jan Standard Oil 67% Feb 73% Jan Standard Steel 65% 67% 69 V8 408 >• 8% Iron 33% 200 32% Feb 33% 15% 15% 600 14% Jan 15% Jan Storkline Jan Columbia Gas Co Consumers 45% 45 % 226 43% Jan 46 Feb Sunbeam 1 28% 28% 100 27% Jan 28% Feb Sundstrand 1 35% 36% 380 33% Jan 36% Feb 11% 11% 12% 2,922 12 % Jan 12% Jan Swift 31% 30% 31 % 3,300 29% Jan 31 % Feb Swift 50 Curtiss-Wright Corp (Un;_ Detroit & Cleveland Navigation (Uni Credit Domestic Pont I) (E 28 Va 8% 17 Jan 20 25% Jan 30 6 Va Jan 29 % 450 27 Va Jan 9% 953 7% Texas Jan Thor Feb Trane 30 9% Co Transcontinental Western & 300 7 V'4 Jan 8% 650 5% Feb 6% Jan 3% 550 3 Va Jan 4 Jan Union 60 60 % 431 54% Jan 60% Feb United Air 5 63% 64% 631 61 Jan 64% Feb United Corp 2 30 30 100 29% Jan 30% Jan United Paramount Theatres com 1 20% 20% 100 20 % Jan 22 Jan U 5 10 Va 10% 100 10% Jan 11 Jan Westinghouse Electric Corp Inc: Flour Mills of America Drive Four-Wheel Transportation Amer General 5 Candy class A_„(Un)„ Jan Motors Lines Inc Glidden Gossard (W Co Lakes Great 7% Towing Heillman Hein Western Hibbard & Door coihmon Hydraulic Press Brick common ■ 14% Jan 15% Feb Yates-American Machine capital 1,600 41Va Jan 46 Feb Youngstown Sheet & Tube 7 V'4 150 6% 7% 77% 1,257 68 V'4 Jan 78 Va ...237 16% Jan 17% 10 Va Jan 38 Feb 28% 452 24% Jan 28% Feb 13 150 117a Jan 13% Feb 2% 1,680 1% Jan 2% Power Interlake Steamship 10% 10% 10% 600 10% Feb 11 % 15 Va 15% 250 14% Jan 16 26% 27 210 25 Jan 27 Feb 85 85 85 50 85 Jan 85 Jan American 31 29% 31 1,350 26 Va Jan 31 Feb Arundel Corporation 18% 18 18% 900 11% Jan 19 Jan Baldwin Locomotive 25% 25% 25% 6% 7 39% 2% 39% 40 3% Jan 5% 39% Feb Jan 1% Jan 90 40 3% * 32 Jan 30 3 43 Tel 1st Davison 1,950 10% Jan 12% Feb 160 34% Jan 39 Jan 14% 14 5% 5% 1,100 5% 400 Jan 14 Chemical 31% Feb Gimbel Brothers 39% Jan Lehigh Martin Coal & Navigation (Glenn L) 28 28 33 33 *; 32% 400 28 % 1,165 r Jan 33 Jan 26% Jan 28% 41 Feb 46% Jan National Feb 10 Jan Pennroad Jan 16 % Feb 2% 14 Manufacturing Chemical Co North 2% Jan 2% Feb 400 6% Feb 7% Jan 13% 250 14 class A Feb 14 Feb 6% (Un) RR Jan Jan 14 44 25% 50% 100 19% 44 44 150 44 Feb 25 26% 485 30 50% 5C% 90 100 7 400 2% 2% 400 24 Va 24 Va 350 6% 24% 6% Feb Jan div $1.40 Sun Jan 27% Feb United Feb 31 Jan United Jan 51% 6 2% 7 Jan & Gas Jan 2% Jan 23 Jan 25 % 6 Jan 7 6% 1,550 200 12% Jan 14% 17% Jan 19 24 100 22% Jan 24% 30 300 28% Jan 30 100 Feb 3 55% 58% 21 21 11% 571/4 12% 17 27 3 54% Jan 58% 100 21 Feb 21% Feb 12% 12% 26 26 20G 24% 2G% 26 21 616 Jan 26 Gas Baltimore Transit Co ; 600 10% Feb 14% Jan V 11 79 270 73% Jan 80 Feb Week's Sales Range for Week of Prices Shares Low Range Since January 1 High Low High Feb 33 29% Jan 149 Va 149% 3,143 146 Va Jan 149% Feb loVa 16 % 1,242 14% Jan 16 V'4 Feb 13 12% 13% 166 11% Jan 13l/4 Feb 13% 13% 131 12% Jan 15% Jan 13 13% 425 12% Jan 14 Jan 63% 64% 440 62% Jan 68 Va 7% 82 31% 149% 16 392 33 > Jan ■ rr 7 Feb i 8 Jan 22 Va 22 Va 22 Va 75 21% Jan 24 Jan 22:% 22% 23% 403 21% Jan 22% Feb 37% 37% 39(4 542 37% Feb 41% Jan 64 % 65 80 63% Jan 67% Jan Jan 182 % 10 180 180 180 7G 1 180 77% 14% 15 Jan 2,435 63% Jan 78% Feb 210 74% 15 14% Feb 16 Va Jan 7% Jan 8% Jan Jan 11% Jan 8 Va 7% 8% 1,230 11% 11 Va 11V4 110 10 Va 40 % Jan Va Jan 10% 10% 11 700 10% Jan 11V4 Jan * 60 10 • * • 24 Va 23% 24% 2,301 21% Jan 24% Feb Jan Feb 17% 16% 17% 2,615 16% Jan 18 43 Va 43 44 Va 295 42% Jan 45% 36 Jan 39 V* 38% 38% 50 24% 25 Va 25% 4.207 237/8 Jan 25% Jan Feb 121 24% Jan 25% Feb Feb Jan 22 V2 Jan 69% 67% 69% 170 66% Feb 70 Va Jan 55% 55% 337 55% Jan 60% Jan Feb Jan 4 ~3% 3% 3% 453 3% Jan 28% 27% 28% 823 26 Va Jan 28% Feb 43 43 V2 $5,000 4IV2 Jan 45 Jan 1975 4s Corp partic Blaw-Knox Columbia Gas Jan 2lVa Feb Continental 8% Feb 8% Feb Duquesne Brewing Jan 28% Jan Follansbee Steel Corp 121% 13% 43 10 Va Jan 13% Feb Fort 25 43 Feb 43 Feb Harbison 32 Jan 34% Feb 28% Jan 7,750 Corp Walker Refractories Joy Manufacturing Co • 1 10 f • Jan 4% Jan Jan 10 Va Jan Jan 21% Jan McKinney Manufacturing Mountain Fuel Supply National Fireproof tag Corp Jan Ohio Oil & 7 17 % 15 Feb 15% Jan 17% 2,500 16% Jan 17% Jan 210 127% Jan 135% Feb 11% 3,900 8% Jan 11 Va Feb 50 28 27% 28 26% 27% 720 26%1 14% 15% 10,600 12 V)i 7% 8 15Va 8% — 26 % Gas 1% Jan High 25 Jan 2 Vs 1,225 14% 14% 83 14% Jan 15 Va Jan 12 % 233 11% Feb 12% Jan U% 11% 3 400 3 —1 32% 24 Jan 14% Feb Jan 13 Jan 163 11% Jap 17% 22% 66 20% Jan 23 Feb Feb 32% 32% 160 31% Jan 33% Jan 24 Va 25 Va 72 24 Va Feb 26% Jan 160 3% Jan 31% Jan 22 % Jan 6V2 Feb Feb 312 12 % 20 16Va 16% 22 Va 3% 1 10 5 —-5 21% 5% 50c Feb 11% 14% 12 16 A Jan 3 Jan 12 13% -- com—• 2% 2 Va 20% 5% 50c 3%. 21% 334 Va 520 6 50c 100 19 Va 4Va 50c Jan Feb 50c Jan; Feb 15 17 10% • 1 5 10 10 9 Jan 14*'» 1 Pitt Brewing 4 18% 11 Va 1 Low 21 Va 24% , Feb 26% Commercial 1 Range Since January High 2 Va 24 -- — • System 25% 134% 135% 1 * Shares 65 * 18% 16% 17% Low * Co Jan 15 10 Range of Prices 1 preferred 100 16% 25 50 100 33V3c for Week Last Par 500 43 13% Sales Week's Friday Sale Price STOCKS 0% Jan Jan Pittsburgh Stock Exchange 27% Jan _ 16 BONDS 8% 6 36 Feb 20% Improvement 27% 8% 16 page 14% 789 Jan 200 sfee 200 Feb 21% 13 % 575 For footnotes Jan 20% Jan 6% - Feb 1,100 12 Va 20% 11% 6% (Un) 33 Jan Fbe 543 6% Packing Jan 11% 30V< 12% 5 Rath 30 V2 40 V'4 12% body Coal Co common Republic Steel Corp 1,040 American Electric Securities— 390 of America (Un) Radio-Keith-Orpheum (Un) 30Va 26% Allegheny Ludlum Steel 2,660 Corp Jan Feb Jan 2,400 Radio Jan 25% Feb Feb 4% Co Feb 23% Jan Jan 19 % Oil Jan 4 41% Feb 283a 3% 10 Va Pure > Jan 205a 24% 18 % 9% com Jan 38 Va 250 5,300 32% 27% 4% — 10% 3% 1,300 195 14% 774 Jan 474 Jan 18% (Ind) 11 — Jan 15% 1,636 Jan 4% Corp (Un) • Jan 45% Jan 2,730 Jan 18% Car 11% 50 Va Feb 13% 29% 3% 10 % (The) • 31 % 11% 14% Jan 42% 1,500 24% 16% 1 Steel 32% 20% 29% 49 Va 593 40% 24% —• Service 3% 40% 30V* 100 50 44Va 15% 3% 41 Va 20% 30% 32% ll% 28% COO (Un)-2% Co 17% 49 Va 42% 14% % 24% 450 (Un) Pressed Jan 37% Lone Star Gas Public 19% 29 2,500 632 Potter Jan * 60 • 3% 2,574 Pepsi-Cola Co (Un) 25 16% Jan common 17% 27% & Coke Feb Jan 31 17% 25'/a 27% 34% Peoples Gas Light 14% 14% 38% 3% 17% 26% Switch class A Jan 24% Feb 34% preferred Jan 12% * Feb HVa 2,200 27 prior 37% 9% 62 3% Feb 34% Electric Jan Jan 34 Jan 517 • 5% Feb Feb 31% 20% 1 13% Feb 8 Penn 12% Jan „ Feb 3 3 (Un) Pennsylvania RR Jan 10% Feb Jan • Feb 29% 29% Co Pea 11% 11 V» 15% Co_ Feb 23% * • (Un) Jan Feb 550 6% Edison Pictures Feb 9 Jan 19 * Motor Car 65% common common Feb 14 % _1 American World Airways Feb Jan Jan 49 Va 18% Oil Pan Jan 29% 59% __ Corp Oil 23% 29 El preference Reading Co Scott Paper Jan 54 14 Ohio Paramount Jan 16 Va 3 16% Jan 29 • 20 Ohio Packard 8Va Jan Jan 25% Corp 20% Jan 10% Pennsylvania Water & Power Co Philadelphia Electric common $1 div preference common Service 7% 10 class B Jan 47 200 % Pennsylvania Salt Mfg common Philco 8 20 Co_. 7% 16 26 % 400 III Pennsylvania RR Public Jan * Co Car Feb Light Pennsylvania Power & Light— Jan 7% 1 (Un) 18 Va 29 % 42% 10 1 Corp Jan 350 7 Va .—5 : Jan 943 __ 6 & Power 7% 100 10 Mfg— 12% Feb ' 11% 16% * Co Co Jan 13% 600 • Bancorporation Brass 900 6% .25 Illinois Corp common Mfg 2% 1.820 common—-* * Corp American Northern Northwest 2% 6% 1 National Standard American Jan 11% 50c North Feb 6Va 6% common— Spec Central 14% Jan 10 1 Muter Co & Jan 11% • Montgomery Ward & Co Tile 5 % 6% • * Cement Monroe Nash-Kelvinator 12% 11% 4 5 Modine Mot 1,750 100 14% 6 6 50 6% _• Corp Portland 13% 42% 20 $1 prior preferred Minneapolis Brewing Co Ohio 16 14% 7 Miller & Hart vtc common Oak 42% 16% Piping & Supply Jan Jan 4 - 19% 1,099 250 1,300 10 Jan 10 Co Jan 11% —100 Corp Feb —5 Brick West York Motors 28% common Metropolitan New General 5% 38 5 National Jan 1 : Finance Co of America class A 275 Salle Extension University & 18% 61 Va 31 —* Fidelity & Deposit Co 462 1 33%c Muskegon com : 39% • Missouri Light Battery 31% Switchboard common Knapp Monarch Co— Kropp Forge Co common Midwest & Power Storage 38 * Middle Electric 31 Kelley Island Lime & Transport Field 120 3,500 60% 14 Va 29% — 2% • 1 13 Va : 33 8% (Arthur G) class B Medusa Portland Cement—— I Corp 31 13% McKee Feb 19 18 % 8% Feb 11% 13% Jan 15 Jan 4% 50 Marshall 27% 60% m preferred- Feb 12% 600 Lindsay Light & Chemical Jan 100 Tel & 3% 35% 8% & Libby Printing Co common 25% 595 33 Company Chrysler Corp Curtis Publishing Co Jan 42 12 16% McNeil 542 36% 100 Jan 2% Jan 8 Va Lincoln 27 Va 36% Budd 100 2% Feb 7% 190 40 25% 15% Libby 69% Last WorksBaltimore Transit Co— ' Feb • Co Jan 36% American Stores Jan —1 & 66 % 3,900 Par 6% Shoe Co Leath 967 Friday 21% Katz Drug Co common Co 67% Sale Price 550 1 35% 12% • Laclede-Christy Co Light (Un) 45 12% STOCKS 250 r*.. International Lamson & Sessions Jan _5 Jan * Laclede Gas Feb Jan 15 % Harvester La 2% 42% 920 Philadelphia-Baltimore Stock Exchange 1% ■ International Kellogg Jan Jan 700 1.093 * • Light & Jan 3% 9Vb 2% 9% 12 Feb 8 1,300 2% 1 Steel Inland 10% Jan 44% 12% 2 * Indianapolis Jan Feb 33% 37 % 12% • Products— Steel Indiana Tool Pneumatic Independent 17% Feb Jan ,615 9% 36% 12% 100 RR__, Central Illinois Jan Feb 17% . . 27% 10 Co 15% Jan Jan 74 Va Delaware Brick Illinois 100 1,600 12% Bankshares Industries 37 Va 28% 25 1 5 5 Bartlett Spencer Huttig Sash < Jan 8%. 3 Corp Corp Hupp Woodall 1 Co Brewing Co (Gi Werner Wisconsin Feb 1 Brewery Instrument Hammond Jan 100 2 common preferred non-cumul Griesedieck 5% 43% 100 Drug Stores Dredge & Dock- Great Lakes 17% 11% 1 common- • * (Un) Graham-Paige Motors Gray Steel Jan 150 15% 46 S • — Jan 10% 1 7 (Un)_> div Co 1 H> 17 64% _• without • (Un) Co Feb 11'4 10 (Un) Jan 5% 200 16% 1 —* Refrigerator Co Gillette Safety Razor— Gibson 15 Va 44% 75% 16 8 „ • 46 : 7% 1 10 5 Corp common Corp General Public Utilities General Finance 5% 4% 3,410 231 • 208 South La Salle St Corp Carbide & Carbon 100 5% 15% —• * 48% 46 5 General Electric Co General 5% 5% 48% 10 Auto.. General 24% Feb 16 5 Air 7% 5% Co Jan 200 2,000 450 5,200 29Va 64% —5 2 7% Corp Feb 22 13% 22 % 5% 16 Va 16 (The) Corp 3% Manufacturing 14% 11% United Light & Rys Eaton Jan 12% 28 23 5Va Falstaff Brewing Feb Feb 16 deposit 3% (Un) 12% 30 Va 28Va (The) Co. 5Va Nemours Jan 44'/a Jan Ltd— 1 15 de Jan Feb Jan 7V8 Jan of Co 10 5 34% 41% Jan 11% Jan 5 Tool Co International Ctfs Jan Machine Corp.- Dow Chemical Co Du 6% 1 Jan 26% 496 1 • (Un) Corp & 16% 8% 1 Corp class A Manufacturing Dodge 30 6% 25 Co 30 700 17% 29 30 1 (Un; . 20 17% • common 31 250 18% 15 __ 10 Sunray Oil (Un) Preferred Crane Corp Studebaker Corp Continental Motors Jan 1,000 25 Feb _• 25 29% 12% 1 78% (Un.i Jan Feb 66% 26% 26% —1 5 (Un) Furniture Jan System 6% 2% 66% 10 com Corp Container 73 % Edison Jan 26% 150 225 42'% 9% 2% „ 25 (Un) J) Spring 150 Bronze (U11; Jan 4% 42% 9% 1 (Ohio) 78% Inc Commonwealth (N 78 Graphite Foods Clinton Oil • Illuminating——• $4.50 preferred Cleveland* Electric Cleveland 1 __ 25 Indiana of Stewart-Warner 32% _ common Jan 45 17 % 16 2 Spiegel Inc Stone Cliffs 5 46 % Jan Feb 100 63% 10 Lathe 400 Chicago Towel Co common.. 96 63% Bend 5% 15 Jan 40 30 Va 13% (Un) Socony Vacuum Oil 43% 70 1,600 22 5Ve 16 22 Va Works Jan Jan 250 12% — 30 1 6% 27% 32Va 41 Va „ 1 • Strapping Corp 8% 8 I common Corp 15 Va 96 Corp— 7 Prod Feb 30 * 20 »/4 & clafes B Corp 5% 6 26 % 31 % __ • 300 1,640 94% Products Co 3% 14% 36% 3% 44% — 1% (Un; 1,400 45% 32 5% — High Low 5% 45 32 =.% 5% * 20 V* * 2V2 —. Range Since January 1 High 5% 45 * com__ 14% 44% Co A 36% • Chrysler Corp Roebucx Sears 5% * Sangamo Electric Co Chicago R I & Pac Ry common City Service 525 25 1 * - Chicago Mil St Paul & Pac vtc Cleveland Public 15 Va 1 Shares Low -* Stockyards 15% 10 Co_— Products Service Co Bros National 15Va • for Week 2Va (Un) Drug 500 19 3% Chesapeake & Ohio (Un) Chicago Corp common Convertible preferred Cities Rexall 10 • 1 preferred Electric Century Jan 5 Corp common Central 111 Secur Corp common Certain-teed 8% 450 19 % Corp Browing Convertible Feb 1 & South West Central 7 Va 25 (rJn) Carr-Consol Biscuit Central Illinois 100 19% 31% Sales Range of Prices .■■■ Par High 34 31% 10 common Low 7% Week's Last Sale Price STOCKS Range Since January 1 High 7% 12 Va Corp Bros Centlivre Low 8 Burton-Dixie 17 for Week l (FJManufacturing Burkhart Ring common FEBRUARY ENDED Friday Range of Prices Par Piston WEEK Sales Last Sale Price Burd FOR 7% 8% 100 200 1,045 6% Jan 7% Jan 27 Jan 7% 1 ' Feb 8% Jan 28% Feb Pittsburgh Brewing Co— New 2 Va common preferred $2.50 convertible preferred Pittsburgh Plate GlassPittsburgh Steel Foundry com 5% preferred Old Feb 30 Jan Rennar Jan 15% Feb $3.50 San 486 8%> Jan Feb 27% 27% 40 27% Feb 28 Feb Westinghouse 25 % 26% 1,800 23% Jan 26% Feb Westinghouse Electric 9 9% 100 3 /a 6^ 38 36% 75 Air Brake Corp 1 1 • 12 V2 3 Va 64% 3% 67 Jan 50 Jan 68 Feb 39 Feb 371/2 Jan 7% Feb 38 38 325 32% 35% 36 Va 240 35% Jan 7Va 200 7 Va Jan 7Va 75 Jan 2 704 Jan 75 3Va 5,486 15 90c 95c 500 8c 1 Co Toy Mining Standard Steel Spring 8% * 25 10 * 10C 7,394 75 Feb 75c Jan 75 95c Feb Feb 8c Feb 11c Jan Jan 193/4 Jan 27% Feb 19 18% 19 110 18 Va 27% 32% 26% 27% 232 25 Va Jan 31 Va 32% 480 30% Jan 01U. .In n Volume 171 Number 4883 THE COMMERCIAL & FINANCIAL OTHER STOCK RANGE FOR WEEK CHRONICLE (779) 31 EXCHANGES ENDED FEBRUARY 17 •H San Francisco Stock Exchange Friday Week's Range of Prices Shares Sale Price Co (Un) American Airlines Low * Alleghany Corp lUn) 22% . I Inc (Un) 11% * • (Un) & a67% Bandini Beech Oil Co Aviation Eendix Home Bethlehem alO% al0% 9% -- a24% Case (J 7% Central Service & Gas Iron Consolidated 2.75 a50% a51% 167 a55% a56% 15% 22% 49% Grocers 340 .. * __ __ 29% 1.33% — 1 13% 1 __ ___5 __ 1 5 32% • .. Steel Co of Amer Curtiss-Wright Corp (Un) Mfg Co.. Fields (E I) de Kodak Oil Nemourti Co Bond & Capwell Co Co General Electric Co Co *700 Jan 1.70 Feb 673 32 Jan 34% Feb 70 27 Jan 28% Jan Feb 2.65 Feb 30 Jan a30% a30% 53% 1st Feb 15 % Tel & Preferred Parafline 33% Jan 1.60 1.70 1,400 1.80 Jan 28% 28% 777 28% Feb 30% Jan 34 34 455 31 Jan 35% Feb Jan 64 V* 916 63% Jan 66% 198 69% Jan 77% 16% Jan 17 al3% al3% 13% 13% Feb 17 Jan — a— 6% 6% Jan 21 Jan 31 43 Jan Jan Jan 3% Radio 13% Jan 14% 675 10% Jan 13% 6% Jan 7% Rheem 59 Jan Richfield Jan 14 Jan Riverside 2,406 27% Jan 32% Feb Ryan 141 102% Jan 100 Jan 103 103 103 11 Safeway San of 72 27 Jan 71 12% Feb 3% 3% 389 3% 30% 915 29% Jan 59% 59% 249 58% Jan 7% 7% 700 6% Jan Jan 72 Jan 30 Feb Jan 4 Oil Roebuck Shell Oil Jan 12% 11 12% 6,036 10% Feb 12% Feb 18% 18% 110 18% Jan 19% Jan & Oil B 457 39i/a Feb 42% 29% 146 29 Jan 29% Feb 6% 750 6 Jan 6% Feb Southern 45% Pacific 791 41% Jan 45% Feb 64 49 % Sperry Corp Spiegel Inc Jan 49% Feb 10 75% 75 % 77% 1,788 71% Jan 78 Feb * 13 12% 13 570 11% Jan 14% 22% 110 22 V* Feb 23 Jan 14% Jan Gas 13% 13 13% 1,206 a80% a82% a48% a48% 60 12% Jan Goodrich (B F) Co cummon (Un)._ Goodyear Tire & Rubber (Un) • Graham-Paige Motors 1 2% 2 2% 650 1% Jan (Un)__* 42% 42% 42% 420 42% Feb 10% 10% 745 10% Jan 11% 16% 100 15 Jan 16 % Feb Gt Northern Ry Greyhound Corp Hale Bros " (Un)__ pfd non-cum • a48% 3 Stores __ Inc • Pineapple Co Ltd Battery Co class A (Un) Battery Co class B (Un? Development Co common • 17% Hawaiian Hobbs Hobbs Holly Holly Oil 15% 72 ' (Un) International Tel & Tel com (Un) com Mining Co Johns-Manville Corp 199 11% 29 42% 42% 733 a35% a35% 42% __ (Un) Kansas Fern Countv Leslie Salt Co Libby McNeill Lockheed Loew's Macy Land Matson Libby 20% Co (R (Glenn) For footnotes Jan Feb 29 Jan 13% Jan Common Feb 36c Feb common Co see Corp of Del Paramount 31 % Jan 25 34% 34% * a53% a53% a54% Warner Bros 46% 257 51% Jan 54% Jan 46% 547 Wells Fargo 45% Jan 47 Jan 32 Westates 32% 105 33% Jan — a7% a7% 58 __ 1 26 % __ • 17 26% 17 a31% a31% „ 18 18 19% 341 240 35 1,671 32 7% 23% Feb Jan Jan 8 Jan 26% Feb (Un) page 36 (Un) Jan 28% Jan 33% Jan 35% Feb 1,625 13 Jan 13 819 50% Jan 53 % Feb 28% 325 26% Jan 28 VB Feb a9% a9% 20 32c 809 __ 32c a22% 62% a22% a22% a66% 28% Feb 18% Jan Feb 32% Jan Western 11 Jan 19% Feb RR Elec 11% 11% 11% 150 10% Feb 11% Feb 14%, 14% Willys-Overland 525 14% Jan 15% Jan Woolworth 10 VB Feb 32c Jan 21% Jan 23% Feb 61 Jan 64% Feb 42% Jan 44% Feb 69% 66% 29 1,215 26 % Jan 29% Feb 22% 187 22% Jan 22% Jan 36% 36% 789 36% Feb 36% Feb 1 aC>0% a61% __ a60% 339 28% 174 59% Jan 60% Jan 10 24 23 % 24 1,500 2 17% 17% 17% 11,467 5 19 19 19 150 43 43% 904 25% 26% 1,530 * __ 25 23 Jan Jan 24 Vb Jan Jan 14% Jan 17% Feb 18 Jan 19% Jan 43 Feb 45 Feb 27% Jan 14% 14% 400 13 Va Jan 14 V* Feb 26% __ — i t Jan 25% 26% 176 25% Jan 27% Jan 15% 14% 15% 840 13% Jan 15% Jan 3% 3% 3% 602 3% Jan 3% Jan a21 a21 50 23 Jan 23% »21% a21% 25 a— 29% 30% 3,203 • 10 1 (Un) — • 30%*' 43% __ Corp (Un) 'Un) 'Un) * 41 43% 555 7% 7% 360 14% 26% 41 Jan a— Jan 31 Feb Feb 43% Feb 7% Feb 7% Jam 8 14% 13% 580 13% Feb 16 Jan 100 (Un) 300 290 300 35 275 % Jan 300 Feb 1 95c 90c 95c 7,830 90c Jan 5% 5% 1,400 a20% a20% 25 5% 1 a20% 1 9 50o common Motors W) Jan Jan 22% 1 17 14% 153 a66% a67% 1 common 31% • 2,421 61% 9% 32c Feb 1 common Western Air Lines Inc Western Dept Stores Pacific 182 62% a43 % a 43% __ 11% 19 (Un) Co Sugar (F 28% 342 53 % .5 Pictures (Un) Bank & U T Westinghouse 50 35 12 % 1 common (Un) Indies Feb Feb Theatres— Petroleum Preferred West 32% 27% 1 Equipment 46 — .30 52 % 25 (Un) 8 Victor Feb 13 __ • com. ii Feb 53 V* 25 Corp common Universal Consolidated Oil Jan 32% a28% a28% 25 1 Steel 17 Feb 32% 12% 1 ... Calif United Jan Jan 140 25 Certificates of interest Jan of United 16% 1 Navigation 10% 154 17 30 __ • Carbon Jan al8 al8% Feb Jan 25 Feb • H) Co & 9% a!8% 16 29% Sugar Jan 1,371 76 United Aircraft Corp (Un). Onited Air Lines Inc 7% 16% e.30% a30% Jan 47% Jan Jan 31% ,1 Oil 1,000 Jan 36 % 24 27% seies A Jan Feb Feb 35% 25 2,100 Jan 37% 32 22 16 __ 28 2.00 Co 4% Jan 100 1,125 Feb (Un) Associated 46% 35 33% 22% Jan Co-tUn) 185 7 1 (Un) Co Magnavox Martin & Company 7,082 10 Aircraft Corp Inc & (Un) Company . & 7% Jan 22 10 10% 5% 43% Jan Calif 1.95 8.75 Light Kennecott Copper Corp of 10% a45% a4G% Feb 34% (Un) __ 7% 42% Feb 33% * 1.95 1 Power & Jan 26% Corp Swift S Feb 9c 29% Oil • K«lser-Fraz«r Corp Co Texas U 13 35 V* Jan % 246 Carbide 33c Jan Jan 8c 1,680 Union 400 Jan 1,249 Union 36c 30 39 30% Jan 36c Feb 35% Jan 36c 38 27% 3% P2 Feb 35% Feb 9% 26% 890 2 200 28 Jan 17,300 Co 405 235 23% 9c common 52 2,012 Jan 439 .• 3% 13 Jan 31% s< Feb 25% Jan 27% Co 3% 12% 74 Jan 30% 25 4.88%. pfd 50% __ Jan 24% (Un)_» 3% • 70 12% 8 Co Union — 20 92 107 / 35% 18 Feb a._ Feb 8c Co 1.75 a. 15% 12% • Feb 50 Jan 34% — • 1.60 2,200 12% 5 (Un)__ Co 26% 38 10 1,600 10 Jan P10 1.75 28 29% Jan 1.60 28 ■ *. Jan Jan 1.75 9% (S a__ 5% Tide a36% a36% ___ Feb 33 % Transamerica Corp Transcontinental & Western Air.__ __ Jan 5% Jan Feb — a28 a30% a31% M Feb 16% 27% 4,545 73 a27% ... 5% Jan Jan Feb 9% 15% Jan Feb 5% Jan • 150 5 5% 30% 2.75 20 a._ Jan 20 19% 33%c (Un) 150 Jan 61 651 25 % Jan 15 60 50 Va Jan 32 Feb 2.05 Jan a5 Feb 10% 25 400 5% Feb a5 Jan Jan 5% 15% Jan 11% 30% 2.25 Jan 58% Feb 17% 30% 17% 9% 48% 19% Jan (Un)_* A 21 1.90 142 357 58% Feb Jan Feb 390 53 8% 18% 17 (i Jan 401 Jan 435 21% 500 49 1,002 42 % 18 __ 500 17 11% Jan 2.75 __ 19% 8 Oil Water Jan Jan a26V2 a27% 15% if Jan 10 % 21 Feb 25% 6% IXL Feb 4% Jan Feb 19% 23 (Un),..^! Exploration 43 Va Jan 9% 15% 37% Standard Oil Co (Ind) Standard Oil Co of N J (Un) Studebaker Corn (Un) Super Mold 3% 610 10,415 325 1 Inc of Canada Feb 60 9% a34% a34V2 __ • Brands Inc Standard a4% 472 2.25 1 Independent 2% Feb ,.| 420 17% • Intl Nickel 48 Jan 33 2.75 (Un) Maryland Mines Corp Idaho Power Co 1 a— Jan j 21 25% Corp Foods 44% Jan 145 38 * Co Idaho a__ 104% Feb 20% * Oil Honolulu Hunt 95 Jan 144 17% —__1 i..... Valley Standard 101 7 5% 5% Jan 16% Spring | ,j 2o6 • 15% __ 15'% Jan 22% Cal Feb 37% Co Southern 44% a48% a48% Southen 25% 53% 1 - preferred 39% 6% Jan 10 Jan 39% 29% 6% 24% 38 (Un) class Edison 29% 135 26% 4.32r'o cumulative preferred Convertible preferred 4.487c Cumulative preferred 4.56% Convertible 24% 26% Co Co Oil Calif Jan a48% a49% __ • Co Pulp Jan • Co Corp 16 16 17 58% • (Un) !.t Jan Feb 10% • (Un) Feb 15 15% — 11% 18 com__10 • I ti 275 19% ... Sinclair Feb 47% common \ 15% __ 50 Signal Oil & Gas Co A Southern 64 __ j ' , Feb 9% 33%« Co Soundview Jan 25 Jan Feb :; 481 a4% 1G% 1 Mining Secony-Vacuum Jan Co < 34% 36% 15 104 104 % • Inc.. Stores Maurico Feb 47% __ Feb Feb Jan 15% al43%al43% — • Cement Feb 61% __ 22 Va 32% 24% (Un)__l Corp 7% 95 * Jan 1 35 15 100 25 America 59% 336 • 21 < 15% ... Feb 31 r 106% 106 % — * 25 Sears 11% a32% a32% __ <Un)„10 S & W Fine Foods Inc Feb 72 com (Un) Feb Feb 202 100 8,355 *2,572 (Un) Aeronautical 9% 12% 22% 33% • Airways Manufacturing 18% 12 22 % __ • 104%. Jan 104 >} 36% common Reynolds Tobacco class Jan Jan 12% 32% Jan 33% (Un) Com 57 32% 4% (Un) com Republic Steel Corp Feb 87 * Jan 36% Preferred Jan 595 Feb 4% Railwy Equip & Realty Co Ltd pfd. 100 Rayonier Incorp common 1 Jan Jan 30 25 455 Inc Pure Oil Co Jan Feb 3% 13% 9% 2,182 33% common World Companies Jan 27% 13% Jan 4% __ American Pullman — 12% Feb 904 a56% a56% 8% 4% Fhillips Petroleum Co • Pig'n Whistle conv prior preferred 7.50 Pioneer Mill Co Ltd (Uni_. __.20 Puget Sound Pulp & Timber (Un) • Jan 16 % 20 4 Jan 36% A common Phelps Dodge Corp Jan Jan series Paramount Pictures Corp (Un) Pennsylvania RR Co (Un) Pepsi Cola Co (Un) Jan a66% a69% 29% 12% 28 Feb Jan a3% Jan 20 100 32% 29% 12% a9% (Un)__10 ... 480 a3% ; M 15 a9% • Tel 33% 40 ; ■ . 9 preferred Pacific 32% 30% all% all% t.J 106 Va Packard Motor Co 100 Feb Jan Jan 40% Jan 4% 1.03% Jan 40% 13% Jan 5 common Service 35% 17 Jan 3% 30 Public 42% 62 11% 31 Feb Jan 190 225 Jan Jan 30% 12 4% 29 V* 32% 30% 12 4% 54% 42% al6% al6% 12 i Feb Jan 12% 30% Jan 4% ' 52% 40 120 25 2.50 556 730 all% al2% 200 52% Pacilic a__ 2.55 11' 1.40 5 preferred 34% 50 *.55 , 52% 64 (Un) Ltd 1.65 24% 20 $4.50 preferred Pacific Portland Cement a48 Corp com (Un) Motors Corp Paint Corp common State 1.60 34% a26% a27% 1.6O a26% 25 Feb 1st 2% & Feb preferred 22% Feb 63% Foods Gladding McBean 20% 29 % a47% & Kleiser com General Jan Jan Feb • 18% Jan 63% _ Machinery <fc Chem Corp 330 28 Jan 5 20% 28 a47% (Un). 19% i: >' 847 • Share Feb 1,467 _5 Works 48 29"% (Un)--10 common Jan preferred Lighting Corp 7% 7% 40 29 red 17"% 10 3,964 29% 5% Pacific 125 15 48 ' 26 1st Jan Jan 1,380 3% 41% 47 — :_25 Feb 9% * Feb Aggregates 16% 17% • Chemical Co common Dumbarton Bridge (Un) 85 common 59% 8% 1 (Un) Dow Jan * 49 % 17% __ Doernbecher Dominguez, Oil 76 ? 1 Feb. v| 9 __ 20 Feb 17% 5 85 32% * Giorgio Fruit Corp B common $3 cumulative preferred 85 A—' 1st preferred l (Un)___ Jan Fisheries.. 34 104 __ Feb 18 30% Jan __ 12 % Jan Jan Pan • Jan 16 Jan 36% 25 10% 180 31% Feb __ 365 29% 34% 60 Jan 12% 5 319 100 Jan 177 35% 16 V* 11% 13% 10% 430 30% 35% 16% Jan 11% Jan 325 29% Jan a30% a30% Jan 29 Jan al5% al5% Feb 24% 30% 17 __ Jan 9% Jan 29% 48 __ 12% 18 V* Jan 22 25 Jan A..2% (Un) • 11% 12% Jan 8% 195 12% 16% 625 25 Jan 63% 9% 22% 11 redeemable Jan 64 V* 9% 22% 1st preferred 14 a69% Jan 350 5"o 47 25 Feb 18V* 17% 17% tUnj Feb 1.40 26% Jan 5<"c 30 __ Jan 17% 5%% Jan 650 28% 24 210 Jan 15 __ 400 17% 3.25 47 % — Feb 26% 47 __ 58% __ 10 class Jan 53 Jan 11% 20 Jan 22% 55% Jan 14% common 6% 221 Jan Feb 35 (Un) Jan 14% a43% a43% Coast Jan Feb 315 Aircraft Motors 34 35% 25 Corp Pacific 19c 17% 17% 100 Pacific Finance CTrrp common Pac Gas & Electric common 15 (Un 1.100 . Feb Co Co Jan 17 _ Can 16c 9% 15% (Un) % Pacific 400 12 • 58 200 22% Jan Jan 16c 5% __ (Un) American 25c 17% __ 8 Filters Sugar Jan __ Cons (Un) 15% 58 15% Pacific a__ 24% class Edison 40 a__ 8 __ Golden 80 9% Jan 5,355 ] com Corp General 35% 2.95 * preferred General Jan 53% Preferred Food 9% 2.75 10 Continental Oil Co (Del) (Un) Creameries of America Inc Crown Zellerbach Foster 945 a26% a26% common System Vultee Continental Electric 10 40 % Jan 10 Sys Solvents Consolidated Emporium a8% 39 % Onomea Jan 21c 16c 26% 1 Class B Feb 47% (Un)__* Dorado 50% Jan __ :_-___„5 Pont Feb 15% Consolidated Edison Co of N Y du 50 % 7% __ Oil Co United 5 2,400 loo (Un) Sugar High 50 23c 100 common Co Low 5*4 1 Feb 53% Consolidated Coppermines Eastman 4% 15% Consolidated Chem Indus class A El Feb 30% 20 Commonwealth Di 4% 950 __25 (Un* Eroadcast Commercial Crucible Jan Jan 10O 250 53 % America Olaa Feb 11 10% 4V2 50% 25 Preferred 2nd 13% 70 4'/2 500 __ • Mining Co Co Fuel Columbia Jan 9 • (Un) Feb 11% 33V* * common of Eureka Columbia Edison Oil 7% • Co Ohio Ohio 8'% 2.85 Oil Feb Jan 32% 2% (Un) Oceanic 25 750 al0% all1/* a51l/8 (Un) *u Range Since January 1 a56% a58% 25% 26 % • Aviation American 27c Jan (Un; Shares 22c __ 1 Products preferred Feb ... 5 RR Amercan Jan 8% 1 common 13% a8% * Tractor Y Central 24 5% J :i. for Week High 5% a57% 8 • 23c 3,816 (Un) Fibres Distillers 512'<? Jan 104 10 Corp Feb 50% __ • Co Jan Co Northern Pacific Ry 9% Jan • (Un) North American Investment com a._ 104 48 100 al0% all% — 5 & Co common Corp Colorado North 7% 20 25c 7% 13 __ 33V3c Chesapeake & Ohio Ry (Un) Chicago Milw St Paul RR pfd Chrysler Corp Cities N 50 Caterpillar Celanese Jan Jan a._ (Un) Jan 69% 32 400 al03%al03% 6% 1 Ry 149% Jan Feb Oliver 5 (Un) 9% 25c 4% Co Pacific I) Jan 69% 24 50 a24V8 a24% all% (Un) 9% __ 100 (Un) Auto 5% 1 Co National City Lines Feb 13 Preferred Canadian 146% 125 2,229 Range — (Un) & Natomas Co Jan ___..5 Packing Corp 2,480 27% 39 __ California Jan 30% 15 Ink 56 Jan _3 (Un) Cement Jan Jan Holdings Corp (Un) Boeing Airplane Co (Un) Calaveras 56 29 2 California Feb 50 34 __1 Corp 14% a54%a55Ve 879 5 <Un) HiH h Sullivan Jackson Co Jan 1,759 P10 Appliances (Un) Borg-Warner 13% 39 (Un)_100 (Un) Bunker 736 29% Blair Byron 14% 38 Steel Co Nash-Kelvinator National 292 Bishop Oil Co Borden Jan Feb 38 5 (Un) Corp 3% 16 Va 29 % Aircraft Corp Bendix Jan Jan 24 .___5 Sales of Prices Low warnes Feb 2% 15 y8 a67% a69% (Un).* Petroleum Barnsdall 11% 50 300 North Wedge Mining Co Avco Mfg Corp common (Un) Baltimore & Ohio RR Jan Morrison-Knudsen a3 24% Co Locomotive 9% (Un) i.out & M Cons Montgomery Ward Jan 20 Big Ealdwin 2,545 4 50 (111) com (Un) Atchison Topeka & Santa Fe Atlas Corp (Un) Atok 11% Jan 3% Jan Co Moiner & M 16% 149% 149% — • Arkansas Nat Gas Corp class A Armour 167 25 J National __ 14 Woolen Co (Un) Anaconda Copper Mining (Un) Anglo Calif Natl Bank 3% Feb 22% M 14% __ American Smelting & Refining (Un)__* Tel & Tel Co (Un)__, 100 American 300 Sugar Mindanao High a3 ... American American Viscose Corp 10Ve Low 22% McBryde Range Since January 1 16% __ * Far High 3% 1 American & Foreign Power (Un) American Power & Light (Un) Amer Radiator & Stan San (Un) Last for Week Par Reduction Week's Sal© Price Sales Last STOCKS Air Friday STOCKS 17% • 12% 1 10 — 32% — a49% 5% a— Jan — ? 1.15 Feb \ 6% Jan | a__ — 8% 9 450 17% 17% 666. &32% a33 32% 32% 584 5% 6 610 5% Feb 6% Jan » a48% a49% 181 48% Jan 50% Feb 1 79 8 Jan Jan : 17 Jan 18 Jan 1 30% Jan 31 Ve Jan J 31% Jan 9% 33 Jan \ 32 THE (780) COMMERCIAL & LISTED CANADIAN RANGE FOR FINANCIAL WEEK ENDED Monday, February 20, 1950 CHRONICLE MARKETS FEBRUARY 17 Week's Sales Last Range for Week Sale Price of Prices Shares Friday Montreal Stock Exchange STOCKS Canadian Funds Sales Week's Friday Montreal Last Range for Week Sale Price STOCKS of Prices Shares Low Par Abitibi Power $1.50 Algoma of Canada 4% pfd Electric Corp Anglo Can Tel Co 4%% preferred 4 % % 24 13,284 21% Jan 22% 23 3,435 22% Jan 23 Feb 24% 24% 200 24% Jan 25 Jan 14% 14% 14% 1,925 13% Jan 15 Jan 53% 52% 53% 1,535 52% Feb 57% 26% 26% 200 26 Jan 26% Jan 8 8 200 8 Feb 9 46 & Teleg class 24% Jan a75 a76 45 25% 736 137 137 100 75 Bell Power & class A Paper Telephone Bralorne Limited Traction Brtiish American British American Oil Bank & Power Note Forest Columbia Power British Class Products Corp Class 14% 15 26 26% A Jan 76 Jan 26% Feb 137 Jan 26 41 Jan 9.40 Jan Jan Jan 9.80 Feb 19 Jan 21% Feb 70 14% Jan 2,387 25% Jan 27% Jan 500 26 % Jan 27% Jan 2% 1,645 2% Jan 3% Jan 27% Jan 3/a Feo 27/b Jan 3% Jan Jan 18% Feb 28 28% 635 32% 150 18% a2% 18% 25 17 28 ♦ 7 6% 7 790 6% Feb Y% Jan Building Products 9 33 32% 33% 510 30% Jan 3334 Feb Canada 9 35 % 35% 37% 1,515 34 Jan 383/4 Jan Noranda 20 29% 29% 29% 398 29 Jan 293/4 * 45% 45 45% 205 40 Jan 45% Feb 9 11% 11% 11% 251 11% Feb 12% Jan 100 100 200 100 Jan 16% 16% 3,560 14 Jan $1.30 common preferred Canada Forgings class Canada Northern Canada Safeway Canada Steamship 5% Corp 4%% pfd Ltd 100 5% Bronze 7% 5% " Canners Ltd $1.75 Jan 32% Feb 32% Feb 5,051 22 % Jan 23% 23 % 20% 11% 11% 11% 14% 14% 14% 30% 30 30% A pfd Feb 12% Jan Jan 15 Jan Jan 30% 39 140 37% Jan 39 Jan 23% 200 22% Jan 24 % Jan a8% 107 7% Feb 9 9 2 9 Feb 10 45 Jan 46 Jan 32 • 34 32 34 250 Feb 36 3/a Jan 9 8% 9 220 8% Jan 9% * u9 a8% a9 35 8% Jan 9% Jan 23 % 23% 1,170 23% Feb 29 Jan 15% 15% 300 15% Feb 17% Jan 25 17% 17% 17% 4,729 16% Jan 17% Jan ___20 10% 10 % 11 75 10 % Feb 14 Jan • Canadian Oil .16 16 % 786 15% Jan 16 3/4 Jan 9 13% 13% 175 13% Feb 96%! 98% 2,626 96% Feb 103 Jan a25 a25 10 22% Jan 25 Feb .33 Companies Canadian Pacific Railway Cardy Corp class A —_ Cockshutt Plow Coghlhfe(B J) Co Ltd Consolidated Mining & Smelting Consumers Glass 5 Crown Cork & Seal Co * Leather Co Ltd A * 98% • Dominion Coal Dominion 33 5 31% Jan 22% 100 22% Feb 23% Jan Dairies 7% Steel Stores class common 21% Jan 43 % 42% 43% 1,291 40% Jan 44% Jan 21 Jan 21 255 21 21 7% 30 7% 20 Jan 7% Feb 7% Feb Textile 29 28% 29 371 27 Feb 29 Feb 45% 45 46% 510 45 Jan 48 36 36 36 75 35 Jan 36 20% 3,294 20% 21 19% Jan 22% 34% 45 33 Jan 35% 29 150 26% Jan 29 28 28 910 26 Feb 28 22 500 21% Feb 22% 11% 11% 11% 5,104 11% Jan 12 173 25 Jan 174 93% Jan 95 15% Feb 18 Feb 9 15 15 15 50 15 Jan 18 17 18 650 15 Jan l 16 16 145 15% Jan 16% Feb 14% 16 20 14% 105 13% Jan 15% Jan 9 • 15 15 15 % 755 15 Jan 16 Jan • 30% 30 30% 345 29 Jan 30% Jan 25% 24% • common 4%% preferred Gatineau Power General 1 108 100 Bakeries Ltd pfd Jan 98 3/4 Jan 17% Jan 19 Jan 18% 2C0 107% 108 152 106 Jan 108 Feb 10 110 Jan 110% Jan 3 2,400 2% Jan 530 17% Jan 1927—50 al05 • 52% • Bridge Paper —50 Mining Smelting & al05 5 52 % 52% 330 • 18 18% 12% 12% 35 36% 36% 37 1,430 48 % 48% 49 75 45% • common preferred Bay 98 18 Va 18% Hamilton Hudson Jan 2% Gypsum Lime & Alabastlne $2 263/4 17% —100 Smith Jan • preferred Goodyear Tire & Rub 4% Howard 5 24% * General steel Wares common 5% 18% 100 preferred 5%% preferred 5,518 110% 110% • 5% 25% a98 % a98% 100 common Oil Ltd 45 46 1,040 18% 630 3 18 3/4 6% 5% convertible preferred International Bronze common 6Vc International Power International Utilities Lf.batt Lake Pub (John) of 7% Serv 57 15% 45 710 42 % Jan 45 Feb 16 % 175 15% Jan 17% Jan 68 3,817 63% Jan 70% Jan 99 Jan 100 Jan 12 % Jan 13 Jan 16 Jan 173/4 6 Jan River Power Price Co Bros 4% & the Laura Lewis Quebec MacKinnon MacMillan Rolland Paper Class 2nd preferred Series A 7% 4% of br/o 4%% class Mitchell Molson Class Southern 5% B For A footnotes see page 36 1,220 32 Feb 15% 405 14 Jan 16 Jan 89'/a 90 255 84% Jan 90 New 52% 53% 701 50% Jan 53% Feb 24 23% 24 % 1,636 23% Jan 25% Jan 48 47% 48 215 47 Feb 48 % Jan 22 22 22 125 22 Jan 22% Jan 150 270 148 Feb 20 Jan 150 150 . 21% 21% 525 20% 20% 110 19 19 50 a99 a99 10 25% 25% 25 21% _i old New preference c : preferred Jan Jan 10 Feb 19% 10 9,435 a90 a90 21 a._ 102 Va 106 566 101 83/4 a__ 20% Feb 106 Jan Feb 21% Feb 20% 20 % 2138 935 105% 105% 108 62 103 Jan 103 21 Feb 21 5 21 21 21 1,300 5% 5'/2 5% 25 5% Jan 175 175 15 170% Jan 6% 7 % 795 6% Jan 15 Feb 5% Jan Feb 175 73/4 Jan 14 2,316 Feb 15 Jan 36% 900 39 • Feb Jan 39 Feb 9 38% 38 24 24 250 24 Feb 25 Jan 34 33% 34% 1,779 33% Jan 373/4 Jan a99% a99% 25 993/4 Jan 100 Jan 65 620 52 Jan 67 Feb 25% Jan 26% Feb 27% Feb 29 Va Jan 9 : • I Limited 100 common a99% • preferred 5% 20 _15 Worts & common preferred 6% Jan Jan Jan 15 Winnipeg Electric common 5% Jan 21 % 20% ——9 Gooderham (Geo) 100'/a 19 10 9% -• Cotton Weston Jan Jan 100 19% ___wO • Jan 263/4 _9 _I i w Steel 'Corp Walker Feb Feb 25% 9 Tuckett Tobacco 7% Wabasso Feb 19 100 25 f. w Brothers United 21% Jan 103 * preferred Tcoke Jan 150 .100 common.. Feb Jan 9% * 21% 19% 19% 1 Power a21 a21 Jan 152 18 % 100 5 a99% a99% 100 — ! common 7% Feb 53% * of Canada preferred 63 63 _25 : ._ 26% 26% 85 25 —J _i 27% 27% 45 20 20% 900 Jan 20% Jan 25% 25% 575 24% Jan 26 Jan a31 a31% 60 30% Jan 30% Jan Banks— Canadienne 10 1 20 10 25% Imperial 10 a31 Montreal 10 28 27 % 28 1,750 27 Jan 28 10 41 40% 41 455 39 Jan 41 27% 27% 27% 2,422 27% Jan 28 Jan Feb Nova 1 Scotia Royal Montreal Curb Market Canadian Funds Last Acme Develop Anglo-Nfld Pr Bathurst & Co Paper Bickle-Seagraves Ltd Brand & Millen Ltd class 4% 250 4% Feb Brown Company . Malting Co Ltd Starch Co Ltd common Industries 7% Canadian Feb Canadian Marconi Company— Feb 5 Jan 5% Inter Inv Tr Ltd com 145 145 35 Feb 146% Jan Canadian Westinghouse 5,707 Jan 41% Feb Ltd.! ,9 2 ,— Lumber Co Ltd Co Jan 49% Feb Celtic 22% 10 % Knitting 102 Jan 102 Jan Ltd Co : Chateau-Gai Wines Ltd 19% 19% 150 19% Jan 20 Jan Claude 26 118 25 Jan 28% Jan Commercial 155 155 35 152 Jan 18 18% 250 18 Feb 16% 16% 200 16% Jan 17 Jan 10 % 11 230 10'A Feb 11% Jan 50 8 8% 350 Feb 2.50 Feb Jan 300 10 Jan 10 % 727 22 Jan 22% Jan 100 12 Jan 12% Feb 40 45 Jan 51 % Jan 10 Jan 11 Feb 12% Jan 12% Jan 40 Jan 40% Feb 5% Jan 176 7n'4 50 85 Jan 5 15 a - 17% 85 a — 18 Jan Feb 1,571 22 Feb 24 Jan 13 176 Feb 178 Jan 8 Jan 4 Feb 75 5% Jan 16,570 23/4 Jan 122 2.00 Feb 2.00 12% 117 12% Jan 12% Jan 210 83 Jan 94 Jan 12% 90 3% 57% lib 39% 92 3%. 57% 0% ' 13 . 8 356 2% 92 „ 7% 3 4 al.70 al.75 4 — 3% , — 3% 2,510 ' 33/4 Jan 50 57 Jan 58 115 10 113 Jan 115 39% 25 39 Jan H'U 224 13 8 35c 2% 50 Jan Jan 25% 325 104 3/a Jan 50 a71 17 % 22 — . ;• Feb 19 % 8 Jan 1.50 387 40% 5 a71 18 23 176 -- .Jan 8% 25% 10 9 Cassidy's Limited 7% .preferred—100 Catelli Food Products common—_:9 • 8 Feb 923/4 U — : 38% 9% Jan 4 3/a 12% 22 1 preferred 40 10 6% Jan 12'/a — Canadian Pwr & Paper Inv Ltd^com__9 Vickers 9 Jan 3% Jan Feb Western __ 6 40% 5 — 100 32% 22% 12% 50 % 11 • common preferred 7'/o Canadian 18 __ — Canadian 50 22 12%' 50 % 5 9 Jan 102 22 % 12 % Canadian Food Products Ltd Jan 102 Feb 50 11,785 352 Feb 17% ■ 113/4 1,600 -- 323/4 19% Feb 2% 40% Jan 46 11 102 9 Feb 188 500 4% Jan 31% 850 Jan Jan 3% 9 16% 1,833 Jan 45c 17% 2'% Vinegars Ltd Canadian Fairbanks-Morse Co Ltd 175 20% 2.00 Jan 100 % -• B—.1 9 class Ltd Co Flooring 2,221 49% Jan Jan 32 9 Jan Feb 23/a 10% 7% 15% 4% 10% Jan Jan 25c 100% — Jan 8% ' 803 9 1 Butterfly Hosiery Co Ltd 1.85 15,300 1 - Ltd Jan 6 % 1,000 100 common Preferred Eurnett 16% 48 30c 15% 11%' 6% — — 16% 19% __ — .—2 31% 9 35c 5 A 2 — 9 Class B 16% 19% a6% 2 35c 16% 11% 6% a6% — 16 7% 25 • Feb Feb 11% 14% 465 Columbia Packers Ltd cl A. —9 British 31% 49% 8% Canadian 32 :• 15% 3% Jan Jan 37% 15 8% Jan 29 % 145 15% Jan 7 2,800 740 • • Distillers of Vancouver & Brewers B class High Low 11% 5 1—: Range Since January 1 High —9 Ltd Co Ltd Steels 10 11% 143/4 5 41 % 9% Low —9 26% a31% a31% Jan Shares —* 101 Jan 257/8 for Week 100 Jan 4% Works Ltd Glove red preferred. Jan 14% 405 Range of Prices Par Canadian Gen Investments Ltd Jan 4,540 Sales Week's Friday Sale Price STOCKS Jan 23% 155 19% Jan Jan 8 Feb 9 Jan 9% Jan 10 Jan 7% Jan 8% j Feb 10 ! Jan Commerce 8c/o Neon preferred Ltd Stand Preferred , 5% Textile Mills ....... ... * :* • 35c 23,a 4% — A—9 20 : ; 60c al5 — — , 26 18% .— . 19 12% 12% 17 17 2,050 17 Jan 17 Jan 24 24% 9,005 213% Jan 25% Jan Class 13% 13% 14 y8 5.565 13 % Feb 16% Jan Dominion 22% 22 22% 275 * 27 27 28 27 27% ti Frere Limited class A: 17%. Engineering Works Oilcloth & Linoleum 21 Jan 22% Feb 4,275 26% Feb 29 Feb Dominion 260 26% Feb 29 Feb Donnacona Dominion Square Corp Paper Co Ltd Ltd 9 " 4% 60c al5 26 19% 12% Jan 39% Feb 8% Jan 8% Feb Jan 14% Jan 7 1,400 Jan 8 Jan 30c 275 Jan 80c Jan 23/4 4% 100 Feb Jan 43/4 2% Jan 450 Jan 152 60 Jan 60 Jan 5 15 Jan 15% Jan 24% Jan 26% Feb 17% Jan 19% Jan 11 Jan 13 Feb 210 18% Jan 18% Feb 30 Jan 100 7,474 • • * 1.015 . 18% 18% 34 17% 145 13%. 54 910 12% Jan 17% Feb 53%" 55 215 50 Jan 55 Jan 39 Jan 41 Feb CoLtd-9 40% 40% 403/4 859 9 __ a69 a69 18 1/058 • Feb Feb' 103/4 r 50 B , Feb 32 18% ... 17 24% David — • com preferred Feb :• 9 Mfg Co Consolidated Paper Corp Ltd— Consolidated Lithograph — 5 . Sec class 1 Consolidated —. , cl B common : Div — 9 , General Advert Alcohols Consolidated 27 class Jan 31 9 preferred Co * Ltd 15 89% ...100 __; Canada 9 B Jan Jan 9 Chemical common Standard 9 (Robert) Breweries Jan 12% 27 103 • Co Press • Oil 104 1,440 32 15% • common. —— — preferred Southam 48 7% 9 ; Ltd common Jan 14% * com common Sons Ltd Jan 14 32 100 preferred Simpsons Jan Feb 7 9.80 Feb 8.80 oO Canada certificates & 100 9,605 ;_9 com preferred—. trust (H) Feb 29% 9 Massey-Harris Feb l Breweries Voting Simon 45 99% • A Jan 9° preferred Sicks 7 al03%al03% _l Williams 50 25 100 common 71 a 9.35 14% 49 Shawinigan Water & Power • Steel 17 16% -8.80 9.35 • preferred Sherwin a .100 common 3t Lawrence Paper 1st preferred Feb 700 pfd__100 class 10 800 7 * preferred 48% 2,085 n McColl-Frontenac al7 100 12 %4 100 ; Canada 101 Ltd Corp 12% 12%: 9 common Saguenay Power 4%% Canada 7% common.. B Mailman 66% 9 ... St Lawrence Corp 1st preferred Canada 32% (John A) Struct 67 Va 100 Royalite Oil Ltd Jan 100 3 Export 16 9 common Power Jan 7% Secord Bros % 16% * Ltd Co preferred Jan 5 preferred Lang & Sons Ltd 44 44% • Provincial Transport 13% 31% Ltd Woods 45 45 • Corp of Canada 193/e 101 , Ltd 7% Jan 47% Jan 38 31% Corp Co 45% Jan Chatco Steel Products Ltd common Jamaica Jan Feb Jan Jan ^ Jan 2 6 3/4 14% Jan • 7% Ltd 45 Jan 56 Feb • Co Jan 26% 45 12 26 _100 International .Petroleum 38% - 35 34% 21% ! Feb 144 225 % 100 * common 172 41 26% 425 25 Paper Feb 172 40% 26%' 56 18 14% 9 Preferred Jan 15% Canada 14% International Nickel of Canada International 22 10 al75 a!75 • Canada & Dominion Sugar 25 % 25 preferred Feb 56 Jan 26 £1 common 193/4 15% Jan 100 Acceptance Corp preferred 1,247 20% 1 52% 14 % 25 preferred 5% Feb 19% common 105% 6,419 Imperial Tobacco of Canada common.S Indust 69 20 41% Jan 52 % 22 21 % preferred Jan • 100 Jan 104 21% • 4% 66% • Ltd 4%% Imperial Feb 2,634 69 Jan 173 Famous Players Canadian Corp Co Jan 24 67% Feb 20 Foundation Fraser . Jan 21 68 % Development Jan a94 Canada 11% Jan Jan 360 • Placer Atlas of Jan 19 % 100 1,065 Jan 173 # Co 10% 22 11 24 Feb 21% 22 a94 Eddy Paper Co class A preferred Electrolux Corp Feb 20 % Feb 100 Ltd Jan 43 11 common Jan 28 % • Paper 37 Feb * Jan 34% • pfd—..l'OO 4%% Paper Jan 41 Jan 23 % common 34 30 , Jan * preferred Bros Feb 25 B Ltd preferred Dryden 20% * Voting trust certificates Donohue 1,320 * Coal & Dominion Tar & Chemical 7% 21% • preferred Dominion Donnaconna ~ 20% * common common Dominion Dominion S" 20 Glass Redeemable , 21% 25 Dominion Foundries & Steel— Dominion Jan 33 22% 33 9 preferred 992 43 24 Jan 9 6% 35% Penmans Zellers 14% , Distillers Seagrams Dominion Bridge 35 19% Products Steel Jan Locomotive Feb 24 Light Heat & Power Feb 9 • ; Canadian LvDavis Feb 9 • B 53 Page-Hersey Tubes Steel a45% a45% 9 Canadian Foreign Investment Canadian Ind Alcohol class A Jan Jan a8 a8% 20 common..^. Jan 39 * Cottons Jan 23.10 22.90 23% 25 class 20% Jan 14 2,515 39 Feb 28% 525 • 104% 11 745 20 Jan Jan 20 93 • 24% Jan 102% 80 23.10 Class B / 10 104% 104% Feb 23 65 25 Converters Canadian 23 23 20 i 37% 20 Ltd Mills Flour Jan 23.10 common series Class 34 100 .« preferred $1.00 Canadian 290 32% 23 Va 37% __.20 Canadian Car & Foundry common Class A Celanese Jan 38 38 32% 100 cumulative preferred Canadian Feb 16% 22% 38 • common 754 5 Corp preferred Jan 100 • preferred Canadian Jan ? 50 Cabld Co Ltd B Breweries Canadian 16%* • common preferred Canada Wire & Canadian . A___ Power Mines Ogilvie 2nd Cement 53 , Jan 15 26% a2% 28% 9 * Ei 50% Jan • pfd Weaving—. Ottawa 2% * ; class A Jan 50% .—9 Chemical & Car Wire Ontario 26% 26% 9 cl B Bruck Mills Ltd 50 18,805 2614 25 Columbia 40 9.40 21% 15 • Preferred British 5,810 40 9.40 20% _» common 40 25 9.40 * Co 730 25% 21% * Light 25% 40 25 Mines Brazilian 25 % • Drug Steei Niagara Jan 8 Jan Feb National Powell Bathurst 22 Jan 25 : National Jan 46% Jan 24% 137 Feb Jan 9 Feb 7 25% pfd--* A 46 2,985 a75 • Tel 45 7% 25% 100 Corp 46 7% 7% • preferred Jan 50% 43 • common 20 Va 25 50 35% 100 preferred 1,180 Jan 26% 50 Argus Corp Ltd common Associated 23% • • Amalgamated Asbestos 24 22% 25 A Breweries 7% 9 class Aluminium Ltd Co National High * Paper common Sugar Steel Aluminum Low High 20% 50 40 Tramways High Low 20% 20% High 50% 9 Montreal Telegraph Montreal Range Since January 1 20 & preferred Acadia-Atlantic Locomotive Range Since January 1 Low Par 18 17 % 10 > 16% Feb a__ a— • 34 Jan 18 Jan j ; Volume 171 Number 4883 THE COMMERCIAL. & FINANCIAL CHRONICLE (781) CANADIAN RANGE Friday Week's Range Shares STOCKS Par Eastern East Steel Products Ltd Kootenay Power 7 % Fairchua Fanny Federal Fleet Aircraft, Farmer Ltd Grain class Ford Motor Co of pfd A—_ _1 class A • Lakes Halifax Paper Co Ltd Insurance Inter-City Lambert MacLaren Power Maritime l'/o Teleg Ltd class Paper 6%% Canada Jan 12% Jan Feb 14% Jan 6'/a 5% 5Via 125 5% Jan 6% Feb 8Va 8% 8% 200 8% Jan 9% Jan Algoma Steel 16 16'A 1,220 Jan 16% Jan 38 Feb — 38 1,525 35% Jan 18% 62 18% Jan al8% ' 7 18% Jan 18% Jan 27Va 27% 75 27'% Jan 6% 28% Jan 6% 6% 225 6% Jan 7 Jan Jan 99 Feb 100 ! __ a4% 10 Co 11 Mills Ltd 75%." ! red pr_ 1101 Metals 19'A Lake Gold Canadian Co„— Feb 18'/a Jan 20% 7 655 20% a— Jan 15 6% Jan 36 103 % Jan 19% 17% 525 113 25c 3Gc 13,200 16% 16% 310 29% 29% 50 27 % 100 20% 22 516 Jan Jan 54% 18'/a Jan Feb Feb Jan 19% Jan 115 Jan 41c Feb 43c Jan 13% Jan 14% Jan 20c Jan 30c Feb 14% Jan 16% Feb 29% Feb 30 Jan 26 Jan 28% Jan 12% Jan 22'A Feb 51 51 420 50 Jan 51 Jan 16 % 17 118 14 Jan 19 Feb 54% 54% 100 54% Feb 54% Feb 51 __ & 66c 63c 67'Ac 96,000 43c Jan 70c 56c Feb 56c 59 %c 15,300 54 %c Jan 61c Jan 1 Ltd 1 ^_1 M Gold Corp—— Mines Mines 8c Mines Mines Hollinger Cons Mines Ltd Ltd 6c 6c 3,500 1.15 1.24 1,100 __ Lake Gold Gold Gold Jan Jan Jan 13'A 21c 200 3,500 6c 21 %c Feb 2.22 Jan 2.30 Jan 4.45 Feb 5.30 Jan 29c 29c Jan 900 7,950 31c 5,000 6c 100 4c 10% 11,500 4.25 4c 1,000 5c __ __ -8c 4.25 5c 10 8c 10% 8c 10'Ac 1,000 1,760 29c Feb 6c 4c Jan 10c Feb Jan 4.5 Feb 4'/sC 10 42c Feb 4.25 5c Jan Feb Jan 5%c 11 Feb Jan Jan 3,026 8c Feb 13'Ac Feb 26c 29c 80,130 21c Jan 29c 66c Feb 66c 66c 800 66c 1,100 lo'/a 400 4.40 81,500 a6.25 a6.25 1 75 4c Feb 82c Feb 19'/a Jan Feb 5.25 6c Feb a__ a— American 12%c Feb 21 %c Feb 4,300 45c Jan 83c Jan 64 — 6,700 54c 64% 465 12% 13 500 62% Jan 66% Jan 12 Jan 1 65c, 65c 76c 5,100 65c Jan 77c 40c Feb 38c 42c 10,000 32c Jan 45c Jan 60c Feb 65c 61c 500 2.65 2.65 200 1 1.85 1.32 Feb 2.63 Jan 2.80 Jan 1.85 1,100 1.82 Feb 1 _J. 2.00 Jan 1.25 1.25 500 1.20 3.801 Jan 1.25 Feb 3.80 3.80 500 3.05 Jan 4.00 1.87 Feb 1.87 300 1.87 Feb 1.90 Jan 1 __ 1 4%c 1 1 7c 4,500 4%c Feb 17c 1,500 17c Feb 5%c Jan 9c 3c Feb 1 • 22'A 250 3c 2,000 9c 9%c 15,600 2.10 2.22 19 33c 5c 20 %c 1.17 Jan Jan Jan 23% Feb Jan 3c Jan 9c Anglo Waite Amulet Mines Ltd_l Westville Mines Ltd j. Area Oils Argus Corp 62c 67c 2,000 57c 1,420 33c Feb Jan 67c Feb 35c 2.35 Feb 36c Jan 78c Feb 62c 6c Jan 7%c Jan 2.32 2.42 9c 57c 920 1.30 Feb 4,300 1.20 Jan 9c 1,000 9c Jan 59c • 24,000 57c Feb 2%c 2%c 5,000 8.00 8.00 100 4c - 2.32 . 1.28 8.00 . Consolidated Federated • 4c 13,000 1 Homestead Oil Co Ltd Petroleums Ltd General Petroleums class A—. Oil Co Ltd ] 2%c Feb 8.00 2.69 Jan 1.36 Jan 14%c Jan 71c 2%c Jan Feb Feb 9.25 Jan Jan 5%c Jan Feb 4.70 Ltd I Pacific Petroleums il%; Ltd., . South Brazeau Petroleums Ltd Superior Oils Ltd—, 1 * 1 see page 36 25c Jan Jan 14% Jan 740 52% Feb 57 Jan 26% 26% 26% 380 26 Jan 26% Feb 17 %c 18c 2,300 16c Jan 20c Feb 55c Jan 63c Jan 8%c 5,663 7c Feb 10c Jan 62 %c 67c 18,800 44c Jan 70c 3.80 4.10 19,315 3.80 Feb 4.75 Jan 9% 10% 2,186 9.60 Feb 10% Feb Feb * Feb 24c 3%c 4c 3,000 20c 24c 23,900 18c 1,500 7% 2,080 7% Athona Mines A 900 TOO Feb 8.25 Jan 500 49c 4%c Jan 5c Jan 100 2.20 Jan 2.70 Jan 1.47 4,200 1.22 Jan 1.74 Jan 1.05 200 1.05 Feb 1.18 Jan Feb 58c Jan 75 Jan 77 11c Jan 20C Jan 27 %c 31c 111,100 10c Feb 20c Jan 30 %c 22c Jan 31c Feb 56c Jan 62c Jan 1,000 13% Jan 15% Feb %c 3,000 7%c Feb 9%c 7%c 1.35 1.49 43,300 1.28 Jan 1.70 Jan 8% 8% 8% 1,155 7% Jan 8% Jan 12c 12c 5,000 10c 12c 1 6c 6c 1,000 4%c Jan 12c 7%c Jan 13c 4,000 12c Jan 14 %c Jan 3.10 3.25 3,500 Feb 3.45 1 19c 19c 20 %c 5,200 1 8c Montreal Scotia Mines Co 28 Jan 1.16 Jan 62c 62c 500 54c Jan 65c Feb 25c 26c 15,300 25c Feb 31c Jan 25% 26 405 24% Jan 26 Jan A • 26 13 13% 1,565 12'% Feb 14 Jan 40 40 40 % 6,412 40 Jan 41 Jan 6.50 7.70 400 Feb 8.50 Jan 24c 26c 10,500 24c Feb 31c Jan 5c 5c 1,000 4c Jan 5c Jan 16 16 17 15 Jan 16% Feb 13c 13 %c 3.000 12c Jan 14c Jan 39c Jan 1 Gold 1 Gold 26c 1 „ * 16 1 13c 1 51c 49c 52c 12c ll%c 12c 2,500 35 35 115 2%c 2%c 10,500 16c 16 %c 2,500 * Boycon Pershing • 1 Bralorne Mines 16c • Millen class A 9.50 * 35c 9.60 54c Jan 11c Feb 19c Jan 35 Feb 35 Feb 2'Ac Jan 15c 368 Jan Jan 9.50 3c 25c Jan Jan 10 Jan ■ 25c 500 • 16% 15% 17 1,180 Jan 17 Feb —25 25% 25% 25% 10 25% Feb Light & Pwr com_* 26% Jan 21% 20% 21% 17,103 19% Jan 21% Feb 15% Feb Cordage common Preferred Brazilian Traction Distillers 5 16% • American Oil common Preferred 26% 25 Columbia Electric 100 Columbia Forest British Columbia Products 17 Jan 7.5°0 25% Jan 27% Jan 26% 1,365 26 Jan 27'/a Jan 91% 50 90 Feb 91'% Feb 85 99% Feb 2% 91 100% 99% 100% 560 102 Jan 2% 2% 1,025 Jan 3% 11% 11% 250 11 Jan 11 % Jan 6% 6% 150 6 Jan 6% Jan 28% 28% 755 27% Jan 28% 2% A • 28% * 3 100 * 23c 22c 23'Ac 9,200 1 58 c 56c 61c • 18% 18% 19% 6% 7 Oil— Broulan Porcupine Bruck Mills class A B • __ Buffadison Gold 1 Ankerite 13c 12 %c 1 14c 27/a Jan Feb Jan 3 Jan 21c Jan 27c Jan 50c Jan 61c Feb 125 17% Jan 19% Feb 175 67/a Jan 7% Jan 19'Ac Jan 32,550 15,200 12 %C Feb 2 00 2.08 700 8c 8c 8%c 15,100 8c Jan 11c Jan 1 5c 5c 5c 7,000 5c Jan 6c Jan • 33 Buffalo Canadian • Lake Products Burlington Steel Co 16% 26% • B Red Jan 26 w— class 40c 15% • Dominion Jan 10 • Packers A—, Columbia Power 25c 26% -- preferred_100 preferred A 32% 2.25 Jan — 1 ' 33% 275 30'A Jan 33% Feb 16 280 14% Jan 16 Feb 27% 65 26 Feb 30% 7% 7% 130 11 %c • Bousquet Jan 15% __ * Burrard class A 1.92 27% • class 14c 11,000 7% Feb 8 Jan Jan 7c Jan 14c 16% 16% Calgary & Edmonton GO 16% Feb 16% Feb • 7.15 7.05 Calllnan 7.25 6,355 7.05 Feb 8.35 Jan • 6c 6c 6'Ac 5,000 5c Jan 6'Ac Jan E2c Caldwell Linen Flin Calmont Oils 2nd preferred * Flon Calnorth 1 — Oils 16%"* Canada Bread common Crushed Stone— 48c 11c 500 10c 2.73 1,900 2% 2 % 300 36 37% 535 -- 36 * _* 11% 34 • Canada Permanent 21% 100 206% • Mortgage 16% Canada SS Lines common Preferred Wire class B Canadian Bank of Commerce Canadian Breweries Canadian Canners • Canadian Car 31% 10 Jan 12'A Jan Jan 37 Jan 21% 23% 2,135 19 Jan 24% Jan 204% 206% 70 196 Jan 206'A Feb Jan 16% 16 % 695 14 Jan 16'A 37% 129 33'/2 Jan 38 Jan 31% 32% 210 30% Jan 33 Feb 25 Jan 26% Feb 22% Jan 23% Jan 19% Jan 20% Jan 23.10 23.10 23.10 1,222 22% Jan 23.15 19% Jan 20% Jan 11 Jan 12'A Jan 20% 1,005 common • 11% 11% 125 20 * common 14% • common 14% 14% 305 14 Jan 30 31 855 29 Jan 31 Feb 39% 170 37 Jan 39% Feb 26 115 24% Jan 27 Jan 4% 25% • 5 11% 11% ! 200 Jan 6 100 11 Feb 12 Jan €7 Jan 71 Feb 71 20 • 8% 9 475 8% 23% 23 3A * 4.30 2,100 4.25 8% Jan preferred 4.85 Jan —100 5c/o preferred 100 Pacific Railway Corp • 25 * Jan 9% 23% 110 66c 66c 3,325 60c Jan 70c 15% 16 1,220 15% Jan 17'A 152 16 152 85 151 101 % 101% 17% — — Jan 5 71 • common 15 1 'A 100 Cos Feb 38 31 25 • Tire 52 Feb 34 840 Canadian Canadian Jan 11% 1.287 Canadian Malartic Canadian 47 35 425 3,992 Jan Jan. 40 11% 34% 23 Jan Jan 51% 34 25% Jan 13c Feb 20% 2.21 49 %c Feb 12% 20 7%c Jan 14% Jan 25% Feb Feb Jan 22% Feb 10c 127/8 11'A 23 1.85 43c Jan 100 20 4%c 500 38% 25% Canadian Locomotive 2,500 2% Jan 350 20 Canadian Indus Alco "A" voting 11c Jan Feb 14% • Preferred 43c 2% 34 12% preferred Class A lie Jan 20 Canadian Dredge Canadian Food Products 43c Feb 3.25 • Class A Oils Jan' 12c • — common preferred /Convertible 58c Feb 37% 50 & Cable Jan Jan 11% • 102 15 17% 177/a 7.204 32 33 550 ," 2.62 11% 50% -* A Feb 14 • Power class Class B 1st 14,930 11c • Canada Foils class A Canada 49c 2.62 * common Canada Cement Canada 52c 2.73 * 1 200 4.25 6.50 9,000 1 ; 2,000 13% Feb 13% 6c Feb 1.37 25 1.85 10% Jan 38% 11% 5.374 Feb 40 145 54,650 Boymar Calder Jan 41 1.37 Bowes Co class B & Jan 28% Jan • Kirkland Building 9%c Feb 39% 39% Bordulac Burns Jan 27% 230 1.23 • class Biltmore Hats A preferred Bobjo Mines Bonetal Gold Buffalo 6c 300 41 39% Belleterre Quebec Class 5,399 28% 1.34 Mining Telephone Class Jan 39% Bros & Jan 24c 1 * Power Brantford Feb 10 Ltd Ltd Metals 19c 8c 27% 10 Toronto 7%c 3.10 40% 10 Nova & Jan 3.25 of Bevcourt 13c 12 %c of Bathurst Jan 1 Mines Barymin Jan 1.48 1 of British Jan 8 1 Preferred 500 5 77 1 Bank British Jan 8 75 10c 8,500 Bank British Jan 75 10c 12,800 Bank 4% % 7% Jan 13c Bankfield Consolidated British Jan 59c - Bagamac Brewers 22c 15% Mines British Feb 15 Gold Brand Feb 17 %c 12c Yellowknife Bldgood 28c 56c (1937) Aumaque Bell 4%c Jan 75 • Base 32c Jan 12c 15 Steels Barnat Feb 3%c 13c Atlas Aubelle 18c 56c • Aunor 7% 18,000 1 class Atlantic Oil Atlas 32c ;_10 Corp Hardware 6c - »„ 1,000 1 Ascot Metals 1.85 6c __ For footnotes Jan 13% • 10% • — - 7.10 3.85 1.05 __ • 2,820 2.65 -2.65 1.47' a_90c A Omnitrans Exploration Ltd 23c 295 30c Jan 4c 1.35 2.65 * • 4.05 49'Ac 49 %c 4'Ac^ 4'Ac * 1 Home Oils 3.85 __ * a _ Gaspe Oil Ventures Ltd Okalta 4.05 7.00 ! 3.000 22c Jan _ Jan 25c 14'/4 53% 10c Packers Feb — Jan 80c 48c 14 10 Northern Jan • 7%c Jan 3%c Malting 54c > Jan Jan 70c 10% Gold Canada 69c „! 55c 4%c 1,700 7c Preferred Canada 799 58c Jan 2,200 52% Warrants Arjon Canada 500 ■> 2,575 76c 58c 58 %c common Jan 3,500 2.39 52c 5'Ac __ ' Ltd Feb 4.05 2 Oil Canadian Celanese Calmont 105 17%c Jan 7c 1 : Jan Mines 14c -78c Oil StOCKB— Anglo-Canadian Oil Co Ltd Calgary & Edmonton Corp Ltd 102'% Porcupine 31 %c a55c * : 69 18c Pfd Anglo Rouyn Mines Consol Resources- Aquarius Jan 7c —1 f 105 23c Apex Feb 74c 1 ^ 105 Feb 75c Canada Canadian Feb a51c 1 Ltd— Jan Nepheline 1.92 76c 1 * 25 14% American Yellowknife 26 %c a55c ___1 Ltd Jan 53% of 1,000 1 1 United Asbestos Corp Ltd 24% Larder 1,900 • Mines (1944) Ltd Standard Gold Mines Ltd-., Sullivan Cons Mines Ltd Torbrit Mines Ltd 620 • 50c Campbell Red Lake Jan 3c 33c" v __ Ltd——1 100 26%c26%c __ 2.20 ) 2,000 3c 9%c 1 11,100 1.02 22 50c 7c 27/8c 1.02 Ltd Stadacona 24'A Jan 2%c Jan 1.02 Feb 6c 2%c 1 • Ltd 4%c 17c __ l Mines 13% 1 Ltd Feb 24% Jan 61c • Ltd—' 23 Anacon Lead Buffalo 19c 51c • Ltd Jan Jan Jan Jan 18c __ 53c 5 Ltd 22 Vi 5'Ac Class B 28'Ac , 6c Sherritt-Gordon Mines Ltd Malartic 16c 2.30 4.75 4.40 Ltd— Mines 20% 1 Mines Siscoe Gold Mines Feb 18'A Mines Mines 17% 2.30 __ Mines 5'Ac 89c 4.40 Ltd Mines Gold Sladen-Malartic Jan Jan 5%c Santiago Mines Ltd Senator-Rouyn Ltd Miller 5c 63c 18'A Ltd Jan 500 2,500 4.45 18% Ltd 1.75 5c 4.40 Mining Corp Ltd Crest Feb 5%c Quebec Labrador Development Co., Quebec Manganese Mines Ltd Quebec Yellowknife Gold Mines Queenston Jan 6c Feb 74c 20'Ac __ 4.75 * Dredging Ltd Mining Co 7%c Feb 5c 18'A _l Mines Gold Crow Feb 6c 1.15 70c __ 1 Corp 5%c 1 O'Brien Gold Mines Ltd Cons 8'Ac Ltd—1 Mines Ltd Mining Feb Jan * Mines Normetal Feb 66c Jan 1 Ltd Dredging Jan 2c Feb 3%c __ Cons Goldvue 14c Feb 66c lie __ Norlartic Feb 2c 1,500 Jan 1 Ltd Mining Corp of Canada 8c 14,000 Feb 1 Mines 11,000 2c 66c 7c 5 Kerr-Addison Gold Mines Ltd Mclntyre-Porcupine 9c 66c 2%c __i Mines Ltd Goldfields Macdonald Mines Ltd Jan 5,000 * Ltd Louvicourt 4%c 20,500 _1 Mines Feb 62,000 1 Mining & Explor Co Fortune Gold Mines Ltd 4%c 3'Ac 1 Joliet-Quebec Mines Ltd Lamaque Gold 2,500 5%c __ Labrador 4%c 3c 1 Ltd Hudson-Rand Gold Jan 5%c 1 Mines 7c 3c ♦ Ltd Gold Jan 5%c 1 Falconbridge Nickel Mines Ltd—— Formaque Gold Mines Ltd Goldbeam 4c Jan Feb Jan 7'Ac - 7%c —1 Mines Ltd Gold 2,000 5c 1.36 3lc 1 Ltd Mines 4%c Jan Feb 1 Ltd— Dulama Gold Mines Ltd East Malartic Mines Ltd Sullivan Feb 4c 1.20 2c 2c 66c Central Cadillac Mines.l Duquesne Mining __l Eldona Gold 25c 8c 1 1 2,000 4%c __ * Ltd 500 3,200 25c 4c 4%C 4c 1.36 25c __ l Diamond 4c 1.30 „ __ * Ltd— 24'/a 3,315 65c Co Amalgamated Ashdown 110 Jan 18 88 Feb 15 Jan 53% ' 1 Mines Jan 23 Mines Ltd Aluminum High 21% 22% Oil Armistice a— ___ 5% 28 200 Feb ■ 1,100 250 __ Vinray 10% Jan Jan 14% Dome Mines Ltd Trebor Jan 110 18% Feb 18% 30c • Ltd Mines Ltd Consolidated j 15 18% 65 14% 1 Gold Consolidated Silver 6% Jan 200 14% 10 Cheskirk Mines Ltd— Red 750 1 6,541 20% & Aluminium Beatty Mines Malartic Chesterville Quemont 9 10% 18% 20% 42c __ Cenlremaque Gold Mines Pitt Jan 19 16% Gas Low 3,445 22% Jan 77% 114 114% * Candego Mines Ltd Cartier-Malartic Gold Mines Ltd Pickle 35 Feb 41c • Mining Corp Ltd Bouzan Gold Osisko Jan 75 27% Mines Gold Bouscadillac Pato 35 205 42c __ Mines Ltd Metals New 25 75 % 114 a Corp Gold Base Nechi a35 1.05 Stocks— Eob's Lake 17% Jan a54 a54% » Anacon Lead Mines Jaculet 1,000 18% 100 Products Ltd Band-Ore Sol 18'A 109% a^4 • United Securities Ltd El Jan 15 Ltd—__* United Corporations class A Class B Jan 53 Jan 6% 20 Ltd Canada 11 Jan 85c alll%alll% 6% • Union Jan 50 18% __ 1st pfd_100 preferred 50 (Can) Ltd 5% 11 5 2,200 20% __ cum partic 2nd 175 a54 1.00 10 __ — Acme Anglo-Huronian a— — 75 . • -—100 11 a a35 __ * 10 18 18 %' com--0 a4% 97 95c 1 1.00 _5 20 a54 __ * 10 Paper a98% a98% * com —...—--,— (Can) Last 18% Feb 18% 27% pfd Transvision-Television Brazil a Jan pfd__20 — Southern Canada Power 6% pfd——100 Southmont Invest Co Ltd Standard Paving & Materials Ltd ♦ Barnat 15 15% Uranium Range Since January 1 High 24 Akaitcho Yellow Knife Alberta Pacific Cons Ltd Windsor Hotel Ltd Woolworth IF W) Acadia Low 23% 10 Feb 37 conv Shares 24% A Preferred 14'% Stores Ltd of Acadia-Atlantic class 11% Russell Industries Ltd Ascot Jan 18% Limited Corp of Can 6% Mining Jan 92 13 * Westeel 5 Jan 15 • Gas Jan 92 for Week 23% -2 70 Orange Crush Ltd Reitmans 5 10 38 Refrig & Storage Ltd C 20 common $1.50 preferred 160 Paul N a5 a91 18% preferred 6% Feb Paper 15 * Ltd Royal Rice Power 29% • 4% Ontario & Service Jan & al2 Light & Power 10 Scotia Light & Pwr Co Ltd com,* 6% 24% a5 Newfoundland Nova 1,605 Power al4 Co . Corporation Mount 27'A Abitlbl al4 , Moore Jan Sales Range of Prices Pa Jan 1.75 common—10 Co Oil Distilleries Montreal 10% Feb 14% Mersey Paper Co Ltd of Jan 1.20 all% Ltd Minnesota 9% 425 a91 — 1 preferred Mica 1,175 1.30 Week's Last STOCKS Jan Jan * Co Friday Sale Price Feb 1.75 36% al2 Ltd Tel McColl-Frontenac 6% 42 Jan Jan 26% „ -10 Massey-Harris Melchers 1.40 10% — A-." preferred Maxwell Jan 35% Exchange Canadian Funds Jan 10 27% 100 (Can) Co & & 38 6 15 Inc (Walter M) 1 125 Jan 10 Co Paints (Alfred) Lcwney 5% 925 36 Toronto Stock * com Co Baking International 17 High 1.20 1.25 Foreign Power Sec 6% red pfd _100 Goodyear Tire & Rubber of Can Ltd-0 Great a40 1.75 36 __ • 100 a40 __ : Ltd— Canada 5% Low 1.75 __ 1.75 o MARKETS FEBRUARY Range Since January 1 High 5% — 100 Shops Inc Manufacturing Low v .... Candy ENDED for Week of Prices LISTED WEEK Sales Last Sale Price FOR 33 16% 31 Feb 29 Feb 154 Feb 103'A Jan Jan 18 33 Jan Jan Jan Jan Jan Jan Feb Jan Feb 34 (782) THE & COMMERCIAL RANGE Friday Range Canadian Wirebound Cariboo Gold class A Shares Leduc 102Vo " Feb 103 Jan 101 Great Lakes Preferred Low LOW 300 25Va Feb 26Va Jan 1.30 200 1.25 Jan 1.40 Jan Great West Saddlery Jan 2.60 Feb Greening Wire Feb 1.52 Jan 1.08 14% 42% 43 45 * . 15 42% 9% 9% 90 * 25Va Range Since January I High • common 1.26 __ Shares • Paper A 25% 1 for Week Par High Low 5 Sales Range of Prices Friday High 102'/a 102% Week's Last Sale Price STOCKS 1 Range Since January 4% 4% 150 13 13 15 Va 806 V High 14 Va Jan 15% Jan 40 Jan 43% Feb 9% Feb 10% 4% Jan 4% Feb 13 Jan 13% Jan 36c Feb 43c Feb 1 Oil * - 2.50 2.45 2.60 14,200 2.20 • Casue-Trethewey Central Low 1 -l 17 for Week of Prices Par 100 FOR WEEK ENDED FEBRUARY Sales Week's Last Sale Price STOCKS Canadian Utilities preferred—«... MARKETS LISTED CANADIAN Monday, February 20, 1950 CHRONICLE FINANCIAL 1.16 1.00 1.20 48,700 1.00 88c 90c 5,693 85c Jan Jan Guayana Mines 1 40c 40c 1,010 16c 17c 6,700 15c Jan 17c Jan Gulf Lead 1 10 %c 11c 6,50o 7c Jan 16c Jan 6c Jan 8c Jan Gunnar Gold 1 17c 17c 600 16c Feb 19c Jan 1 5 Vac 6c 6,500 4VaC Feb 6c Feb 18 18 Vo 740 18c Jan 19 % Jan 21 21% 305 16 Jan 24 20% 26 Va 240 20% Feb 27 4 Va C 3,000 4c Jan 4%c Feb 11% Jan 13% Guaranty Trust 13 lo 100 ' 1 Central Patricia Gold Mines Central Porcupine Steel 12% 1.15 1.09 1.28 99,050 5 Mac 6c 5,500 Knitting 14% Jan 72c Jan 1.37 Feb Gypsum 4VeC Jan 6c 31,700 1.15 11 %c Feb 1.00 1.00 3,250 8 8 235 2%c — 3c 5,500 Jan 00 Feb 1,500 15c Jan Hamilton 1.16 Feb 8 Feb 9 Jan Jan 3c * 38c 42c 4,000 2.07 2.01 2.08 7,750 — Willans 42c 1 Oils Cochenour 14Ma 14 Ma 16 Cochrane Dunlop class A-^ . Cockshutt Plow Coin Commonwealth Petroleum Mines ———; 1.25 Consolidated Feb 38c Hamilton Cotton" Rock Jan 2.22 Harding Jan Consolidated Beattie Mines __ L. 32c • Gold ; 6c 1 36 %C - Feb 1.50 Jan 65 10 Mines 6c 8c 16,700 1.00 Feb 1.15 Jan 1 60c 60c 500 Feb Highland-Bell Hlghridge Mining * 6%C 7c Jan Highwood Sarcee _» 7%C 7%c 18c 70,043 13c Jan 18c 8,050 8c Jan 10c 8% 340 8 Feb 52c 57c 19,250 51c Feb 63c Jan 60c Jan 90c Jan » 9% 24 %c 100 65 1 Paper preferred 7c ■ Hinde & Dauch • Mining Bay Mining & Smelting Mines— 46 1,220 2%C 2%c 1,000 122 122 5 Lebel 1 13c -13c 12c Feb 26c Jan Hugh Malartic 1 96% 98% 3,157 96% Feb 103 Jan Huron & 160% Jan 165 Jan Imperial Bank 1.26 Jan Imperial Oil 150 <■ 14 Va 14 Vo 125 Mining 1 19c 19c 1,700 Bit common !*" Craig t! v, 171 2,920 * 8% 8% 125 1 55c 55c 2,400 Imperial Mills Croinor Pershing Jan 1.08 21 Jan 22 Feb 14% Feb 15 Jan 18 %c Jan 25c Jan 6% Jan 50c Feb 8% Erie Trust — — Crowshore Patricia Davies 200 31 30% 31 21% 21% 22 14% 14% 2,205 26 25% 26 —I*, 15% preferred 4% Varnish Indian Lake Oils Ltd Delnlte Mines Detta Red Dominion Dominion Foundry & Steel Dominion Stores Dominion Tar & Chemical common Preferred Dominion Donalda Mines Donnell Class Jan 1 40c Jan 49c Jan 13c Jan International Bronze Powders com * 4 Va 4Va 100 4 Feb 4% Jan 16 Feb 17% Jan 20c Feb 25c Jan 32c 9,400 28c Feb 42c Jan 150 21% Feb 24 7% Feb 14c 2,000 8% Jan 12c 16c Feb 1.80 Feb 1.60 Jan Gold Preferred Jan 700 6c Jan 6%c Jan Feb 36c Jan International 39c 45,400 30c Feb 42c Jan 21% Jan Jacknife 17% Feb 21% Jan Jaculet 720 27 Jan 27% Jan Jellicoe Mines 7 Ma 7 Va 5 7% Feb 28 29% 2,400 26% '"'/'III 7%- Jan 29% Feb Joliet Feb 8% Jan 22 Va Jan Keiore 34 Va 34% 34 Va 475 3? Jan 36 Jan 29 29 40 26 Jan 30 Feb Kenviile 22 22 22 950 21 Jan 22% Jan Kerr-Addison 11% 11 Va 11% 275 11% Feb 12 Jan Kirkland-Hudson 10 Va 10 Va 10 Va 160 10 Jan 11% Jan Kirkland Jan 52c Jan Jan 9'A 9 9% 215 9 Feb 20c 19c 21c 42,500 15 Vac Jan 22c :6c 6%c 32,100 Feb 9%c Jan 11 %C 12VaC 8,000 5 VaC 5 VaC 2,000 24c 26c 5,500 5 VaC • 6c 60c • 5c 9% Ltd Jan 6c Jan 28c 2.05 Jan 2.35 Jan Lake Rowan Feb 5.30 Jan Lake 25 45 Va 45 Va 65 20 16 Va 16 Va 80':' 37 %c 38c 28c 32c 8 VaC 8 Vac 1,333 8c Jan 6c 7 VaC 7,200 6c Feb Feb 46% Jan • 1 Lake 6c 2 ; 66c 70c 42,500 66c Feb 82c Jan 5c Feb 4 VaC 500 4c Jan 6c 7c 10,058 6c Feb 45 50 1,095 43% Jan 50 4 Vac 5c 6,100 4 VaC Feb 6%c Jan 18 18% 3,985 17Va Feb 19 % Jan 16% Feb Lamaque Jan 42c- Jan 34,022 43c 11 Va 11 Va 50 40 %c 40%c 45c 3,845 4.10 4.35 1.755 27c Feb 27c 50c 500 50c Feb 65c 1.31 5,600 1.27 Jan 1.44 12c 2,500 11 Vac Jan 14c Jan 19% 19% 19% 790 19% Jan 20 Jan 4.40 27c 4.50 3,325 4.40 Feb 5.30 10c 12c 76,900 3%c Jan 17c 1.10 1.07 1.16 10.800 1.06 Jan 1.34 4c 6 VaC 385,400 3c Jan 6Vac Feb 35c 35%c 3,200 35c Jan 43c Jan 2,000 5%c Larder 35c 5 VaC 5%c 5 Vac 12'/a 12% 13% 1,970 53c 54c 10,750 54c Jan 6c Jan 12% Feb 14% Jan 50c Jan 64c Secord Jan 11% Feb Laura 38c Jan 61c Jan 1.90 1.99 1,710 1.90 Feb 2.40 6.50 6.50 380 6.50 Jan 7.35 Jan 3C 3c 3c 1,150 2%c Jan. 3 Vac Jan 1 4 VaC 4V2C 4%c 4.600 4c Jan 5c Jan * 3 47/8C 4%c 5VaC 9,300 4%C Jan 16% 16 % 16% 355 15% Jan 17 Jan 80c 78c 80c 3,500 74c Jan 82c Feb 1.21 1.26 13,000 . Leduc-West 15% 1,170 14% Jan 16 Jan 36% 770 34% Jan 36% 10 10 Va 1,000 — * 4.10 9 1 5 vie 5 VaC 6c 8,500 5 Vec * 2.60 2.45 2.65 17,225 2.05 Feb 4.60 Jan Lencourt Gold Jan 10% Jan Little Jan 6 %c Feb Loblaw 2.90 Feb Class Jan Fittings Ltd preferred class |i",Flash Fasteners —_.10 Co 27% * — Francoeur Gold • Frobisher Exploration • 13c ~ 40 150 100 1.25 1.25 200 26% . 12%, 27% 2,004 29% • 1.25 • - 50 12 Va » Ford Motor class A Foundation 8% 150 A common.—: Manufacturing Fleet 8% 29% 25 13c 14c 4,500 2.37 3,633 8% 12% 150 1.25 Feb 8% Jan 12% Feb 150 Jan B 2.30 Mills Hosiery Power com 5 % preferred L General Bakeries General Petroleum Class • . 18 18% 107% 107% 100 180 10 » — common-J— A— General 18 2% 3 700 * 1.08 1.08 100 class A Goldfields Feb Louvicourt Feb 1.70 29% Feb Macassa 30 Feb MacDonald Steel Preferred Wares 8%c 2.30 Jan 14c Jan 17% 2.60 Jan 1.15 Jan 1.29 Feb 5c 500 4Vac Jan 6c J an V2C 5c 13,100 4 VaC Feb 7c Feb 50c 11,700 45c Jan 55c Jan 19 1.05 Jan 1.25 Feb 105% 105% Glenora Globe 45 Oil 1 Lake 60c Gold— 17% 1.20 .31. 105 Jan 18% Jan Mines Jan class Export Red" Madsen Lake Gold Mines Cold Eagle Golden Mines Magnet Malartic Goldfields Eastern & 105%. Feb Mines 6.60 Jan Goodfish Mining Feb 7%c Jan Marcus 2 Vac 2,000 2c Jan 3%c, Jan Goodyear Tire & Rubber com 59c 61c 8,700 59c Feb 65c Jan Massey-Harris 34c 2,400 32c Jan 36c Jan McColl-Frontenac 6.10 16c 1,350 15c Feb 7 Vac 2,000 6c Jan 4%c Feb 4%c 500 2.54 2.75 16,875 5 Vac 1,000 Mackay class II,000 2c 1,000 91% 91 Va 20 footnotes 52% 52% 52% 55 * A Class B For 3%c 50 Preferred Gordon * 91% 10% 10% 10% 2.51 17c Jan Jan 8c Jan 6c .. see page 36 Feb 14c 16c 4,600 13 %c Jan 16c Jan 3%c 2.46 2.50 4,000 51c 50 Vac 53c 12,100 44c Jan 80c 6%c 9,500 5c Jan 7c Feb 12c 12 Vac 7,000 12c Feb 17c Jan • 1 6c 2c 90 52 Va , 18 18 50 17% common — 2.11 Jan 10 390 9'/a Jan 2.78 Jan Feb Jan •10 8 8 8 % 800 7% Jan 8 % Feb 2.76 2.99 14,850 2.76 Feb 3.15 Jan 47 %C 47 %c 51c 23,100 3.20 3.15 3.25 13,635 2 %c 2,000 9% 9% 100 31c Jan 55c 2.95 Jan 3.45 2c Jan 3c 9% Feb lOVs 6c Jan Jan Jan 6c 6,000 3% Jan 14c 14c 1,000 13Vac Jan 5c 3,000 5c 24 24% 6c 15Vac Jan 6c Jan Feb Jan Jan 8,928 21% Jan 25Va 27% 28 85 27% Jan 28% Jan 13% 13% 14 % 2,090 13% Feb 16% J.an 99 V2 99 97 Jan 99 Va Feb 10c Jan 12c Feb 24 "IIIIIII20 common. in* Porcupine 9 Lake Mclntyre McKenzie Red Gold Jan McMarmac Feb Mercury Feb Mid-Continent Jan Midland 10% Pol) Milton 18 Feb Mining .1 Red 91% 53 10 %c 64 .1 Jan Jan 2%c Jan 65,600 Jan 2.99 14c Preferred Jan / 2.70 2.70 Va 45 10 %c 10% c 500 99 Jan Jan 4%c Jan Jan 9 Va 1 McDougall Segur Feb .T-n 2.33 2.54 2%c • 6c Jan Feb 2.50 Gold 3.35 4%c Jan 850 <■ 22c Martin-McNeely 2c 1 Jan 9% Maralgo 6c 3 VaC 1 - 13c 5c Feb 5,500 McLellan Gdldora 17,750 — Maple Leaf Milling Mines 2,144 5 Vac 2.60 Porcupine 19c Jan 7c 4 Vac — Manitou Goldhawk 17c 14c -A 1 Consol Jan Jan 6.20 7 VaC Gold 9 Va * A— B 6%c 15 %c Goldale Mines Goldcrest Jan 1 Gold Preferred God's 9 Jan 2 Vac 1 125 2.60 32c Gold 9% 1 1 Mines 6.15 6%c Feb 9 Jan Class Feb 1 Jan 6% 12c McMillan 1.01 1 , Jan 31% Jan 1 Feb 29% —100 — Lake 32 Jan 5% i Feb 125 Giant Yellowknife Gold Mines Feb 30 % Red Lake 3 I,100 Gillies 31 150 River 107% 1.05 640 338 240 6 Va Macho Jan 29 3 i 18% 31% 30% 6'/a Macfie Jan 1.01 17% 31% 30 Va Feb 2 29% 18 V4 31% • Mines 105% * common 4 Jan Jan Feb — Feb 30% 1 Lynx Yellowknife Manitoba General * • 9% 24 _* Products Mfg 49c Feb MacLeod-Cockshutt Gatineau common— 5c * • class A Groceterias 7c 48c 1 1 Lac Long 29% ' 2.35 — Lexindin Gold London Products Jan 5c 1 Gold Feb Fibre Jan 1.90 * ——1 Mines "U" 11 14% - Jan Jan 6.50 Lapaska Mines 35 Va Petroleum Jan 4.40 1 — Jan 25 Va Kirkland Feb Jan 10 %c —1 —— Gold Jan 1 • Feb 816 50c 1.30 Jan 9c" 9%c 15 common Feb Jan " Lapa Cadillac 1 Grain 10%c Jan 50c 1 T Mines Feb 4.25 Federated ; 67c Mining—__—__—.——1 Wasa Luz 36c • Federal i Jan 1 Mines 28c * Pederal : Feb 12c 5%c (1945) Shore 7,175 Fanny Farmer Candy Shops t* lie Jan Jan Leitch »•' 30c Feb 10c —1 Lake Lingman Jan Palconbridge Nickel Players "t Jan 4 Vac Gold Lake Pamous i 20c 10,300 13,500 —1 Fortune Jan 4.40 Pen-Rey Mines Feb 78,725 10c • . Mines 11,750 Sol 7%c Jan 11 Vac Dufault 29,475 El Feb 11c 26c 27c Gold Laguerre 4.75 El 5c 18 Ve Labrador Mining & Exploration 2.30 15 Va 1,000 8c — Feb 4.40 28c Jan Va.c 30c 5 1.30 —— Jan 2.20 1 Jan 10% 4 VaC Labatt (John) 4.70 1 146% Jan 10 %c : 2.24_ 45% Feb 8% 8%c -— ___— 14c HVaC Jan 23 %c 144% 9% 10 %c Kirkland Townsite La ■ 28 %c Lake 1 Corp 5c . Lake l Eureka 5%c Gold Sullivan Equitable Life Insurance. 9 Feb 175 ' 25 1,688 144% 144% 9 Va Mines Malartic Mines Gold— 31% Kelvinator Va 6 Vac ; Jan Jan 5c 7% 19% 1 Gold 32% 6c 500 1,105 « Elder Mines Jan 50 Kayrand Mining 8 21 East Eldona 2,465 3lVa Feb 7% 20% • Eddy Paper class A 32 —1 Quebec Mines 8 Feb —— 31 Va 103 1 (1939) 20 Ma 175 Investment Jan 1 Ltd Mines East Economic 101% 1 Gold 10 Mines 50 • 985 • Jan 365 • Gold 2,438 *20,550 . 28 Va 27 103 100 27% 175 • Feb 26 26 103 • Petroleum 13% 56c , I Jan 175 Leduc 50 7,000 27 • A Preferred 26c Lake East class International Nickel Co common 1,600 52 Vac East Crest Oil Feb 8 100 Metals 21 Va l 16 21c — 1 , Preferred 7,000 53c East Amphi 16 20c 25 1.64 Ltd- Mines A International Coal & Coke_ 6VaC 175 Ouvay Gold Mines class Jan 300 * A Dulama Feb 4,500 1 . Mudge common Jan 41c * & Vac 41c 27 I 32 41c 18 • 4 Jan Jan 20% • common Woollens Feb 29% 7%c Kerr Dominion Textile 3c 75 12 18 • 1,500 Jan 21 23.50 3 Vac 31% Feb • ___ 3c • common 9% 7 Ma 35c 29 % Jan 7% * Steel & Coal class B 17 20 25 Magnesium Dominion Feb 442 27% • ; Dominion 15% 8 26c26VaC 7 Ma 50 10% 20 Va __<■ common 15 % Jan 7% • Dairies Jan 10% 22% 6c 2 Bank 27 8 10 Seagrams Dominion Feb 10% Machine Joburke Distillers Dome Mines Ltd 25% * Jan 1.63 3bc Jan 230 6 7C 12c 1 Yellowknife Discuvery 14 Va Inger.soll 28c 26 Vac 23 Va Jan Inglis (John) & Co Inspiration Mining 10c 7'/a 1 , 32 Jan 14 Va Feb 5,700 7 Va l Lake Jan Jan 21 Feb 21 Va 1 Lake Red Dexter Feb 51 2,500 21 Ma • 122 30% 1 Acceptance International Decalta Jan Jan 120 7c 30 VaC • . * common Jan 3c 31% 25 ' Imperial Feb 47 Va Jan 121 12,293 14% 32c Feb 2c 565 • Jan 45 V8 15%c Jan Jan 11c • A 26c 500 10 Feb Jan Jan Jan 7c lie * class B „ 28c 18 11 Va Jan Feb 7%c 10,600 49 Va 116 Jan 1 , Petroleum Leather Class 135 51 10c 1 - 120 51 51 .—100 D'Aragon Mines Davis 118 100 „ Crow's Nest Coal —100 - " * 16% 10 2,045 ! Imperial Tobacco of Canada ordlnary_5 Industrial Crown common 28c * 9c Jan 58c Jan , 60 45'/a • 22 Jan 8%c Feb 45% Hoyle nuason 165 10c Jan 10% Jan 1.12 Jan 7c 17% Jan 161 6 VaC 1,500 8 VaC 5c 1.09 2,500 10 Va 62c 21% -Jan 17% Jan 162 COc 8 VaC Feb' 1.10 9%c Jan Jan 10% 4%c * 65 Feb 1 Gold 55c 566 Feb Feb 6c 58c a Consol Hosco 2,600 "•':' 65 Jan Jan 4,500 Cournor 65 1.15 300 1 — 4,023 Cosmos Jan 2,400 8%c • 33c 1.00 Mascot 57c common Jan Hendershot Hedley 73c Box 24c Jan 4%c Paper 3,110 6c 56c Exploration Feb 24%C 26 Vac Feb 70c Corrugated 4c 36%C 55 Vac 3%C 1 4VaC Conwest Jan 4c 8 5 Feb 2,000 8c 100 Jan Jan 3%c 4%c 1.30 Lake Red 70c Smelting- Jan 11 30c Headway 4%c & Jan 1,800 Hasaga Gold Jan l Mining 10 5%c Feb Jan 16c 98 14% Jan 40c 1,000 Feb 18c 18c - Feb Jan™ 4c 14% 8 Mi — Feb Jan 8VaC 45c' 16% • Consumers Gas 13,000 Jan 1 JfK" 225 6%c Jan Howey Consolidated 10% 5%c Feb Consolidated i 13% 26 VaC 15% 14 Homestead Oro__ 50 93,300 15c 25 Consolidated — 14 31 VaC 36Vac 10% 1 Consolidated ir<- 14 1 620 8%c 2 Mines Carpets Hollinger Consolidated Duquesne 560 12% 6,300 1 a. » Gold Harricana 50c Feb 2.01 _i Astoria Consolidated Bakeries 12% Feb Jan 2 %c • Ansley Consolidated * „ 12% • ... 16 Va 4%c — • —— Bridge Heva Gold Coniaurum 4c 1 1.15 15c 1 20% Swayze 15c 16 Vac 16 1 Yellowknife Colomac 18 • ♦ 1.00 • —, Lake Alabasttne & common Preferred Halcrow 1.00 Gold Lime Brass Jan Hard Coastal Lake Feb lft Hahn 13c — . 1 Mines Feb 1.25 __ 0 common—. Jan 1.15 1.25 • Malar tic 10% Gwillim llMaC 1 Mines Chromium Bar 100 5Mac 1 Circle 12% 1 - Chimo Gold Citralam 10,000 50c Cheskirk Mines Chesterville 6c 6c 6c * common Research Chemical 16c __1 Centremaque Gold Chatco „ 1 ; Lake Mills & Pacific Brick Corp Grain- 125 1,100 18.500 8 %c 3,520 4c 8,500 16 « 5 Va 940 3 VaC 5 Va • Oil 64 5%C 5c 8c .1 * 64 51 VaC 51 VaC 5c 16 35 5'/a Jan 67 Jan 47c Jan 60c Jan 3 VaC Jan 7c Feb 8c Feb 9%c Feb 5% Jan 6 Jan 3c Jan 4c Jan Jan 16% Jan Jan 1.35 Feb Jan 13% Feb 61 Va 16 * 1.30 1.20 1.35 6,215 1.10 _• 12% 12% 13 2.650 12% r Volume 171 Number 4883 THE COMMERCIAL & CANADIAN RANGE Friday Week's Range Shares Par Model Oils Modern 1 Containers common.. * Class A Modern Works * Porcupine Montreal Moore Low 33c 1 Locomotive Corp • common * Preferred 16 Myiamaque Mines 1 Hosiery National Petroleum class B 3% 4 Steel National 34c 35c 3,825 33V2C Jan 38c Jan 20% 20% 20% 985 20% Feb 22Va Jan Slaaen 75 76 325 75 27 27 340 26% 3 75 33c 3 75 30c 7%c Jan 7V2C Feb Jan 150 28 Feb 28 V2 1 28 .22% __ 23% 41 / 2,500 42 34 Va 740 32c 32c 41 230 Standard Standard Jan 23% Feb Starratt 38c Jan Stedman 42 Feb Steel of V2 Jan 550 3c Feb 1.00 3V2C Feb 3lc Jan 1.32 Jan 47c common cw Jan Feb 50c Jan Jan 88c 7c 7c 2,000 6%c Jan 8V2C Jan 3%c 8c 9c 9,100 8c Jan 4c 6c 18,699 4c Feb 10c 45VaC 3V2c 10c 43c 52 %c 12,000 3c 3,250 Jan Sc 84,000 4c IOV2C 10c Jan 40c Jan Feb 60c Jan 5 Feb 20% 106% 20% 211/4 i) Feb Feb 2.25 2.42 17,725 2.25 Feb 2.99 Jan 11 11 200 Sterling Coal Sudbury Contact Cons 10 Jan 11 1 4C 4c 4%c 3,500 3%c Jan 4%c Feb 1 Mines 2.40 2.31 2.40 5,250 2.31 Feb 2.70 Jan 41c 43c 5,700 5c 6 Vic 5,000 1.46 1.50 5,050 13c 1,000 29 300 6 Va 500 6 Feb 6 % Feb 11 Feb 11% Jan Feb 3.20 Jan • — 50c Sylvanite Gold Mines Taku • River 1 Ltd common Pearson 70c Jan Toronto 2.80 Jan 62c Elevators 42c 2.60 Toronto General Iron Trusts Works 39c Feb 45c 2,275 6VaC Feb 8c Jan 5,000 7c Jan IIV2C Jan Traders 8c 15,000 6%c Feb 9V2C Jan Transcontinental 11 975 10 Jan 6 6 100 5% 1.80 1.85 8,080 1.80 20 %c 20 %c 2.05 1.000 11% Jan 6 Feb Feb Jan 2.05 26V2C Jan 2.24 Tower 2.05 19,300 18c 4,600 17c Feb 22c Jan 3c 4c 3,300 2%c Jan 5c Union 5c United class A 1.65 Jan class 3%c Feb 8c Jan United Keno 50 8 V2 Feb 8V2 Feb United 42 85 Jan United 6% 39 Jan 9c 755 5% 44 Jan A preferred Jan 6% Jan 8c Jan Viceroy Mfg 1.30 Feb Violamac 10 Vac Jan Jan Virginia Dare preferred— 12c 13c 15,600 25,970 4.20 44 V2 9V2C Jan 15V2C Feb 4.90 Jan Jan 47% Feb 1.23 Jan 1.58 Feb 4%C Feb 5c Feb 17,100 17c Jan 3c 3c 2,000 3c Jan 2%c 3c 7,600 2c Jan 29V2C 30 Vic 3%c Jan 7,743 29%c Feb 34c Jan 5 Jan 5% 1,000 5Va 50 4V2C 5 Va Jan Feb 51c 1,000 51c Feb 63c Vulcan 16c 10,000 16c Feb 21c Feb 8c 9V2C 28,900 7V2C Jan 9%c 10,590 1.80 Jan 1.95 Jan 3.40 800 3.15 Jan 3.45 Feb 4c 4VaC 1,500 Jan 4Vac 1 1 3c (Hiram) Wekusko Westeel Class & Wlltsey-Coghlan Winnipeg Electric Feb __ I6V2 I6V2 50 __ 52Va 52% 100 13 13 91 1.78 1.83 3,440 75c 75c 500 47% 47% 10 34c 34c 17c 17c 15% Jan 17% Jan 52 Feb 52 % 12% Jan 13% Jan Feb 22% Jan 19c 1.71 Jan 1.90 Feb 1.00 Lead Yellorex 48% & York 700 34c Feb 34c 20.250 7'/a 360 6'% Feb 7% Jan 3.35 14,750 2.91 Feb 3.50 Feb 6.50 6.45 6.50 4,300 17c Jan 20%c 1.03 1.17 • 8 8 500 38c 40c 3,250 20 60c 73c 54,650 60c Feb 97c Jan 20 60 26c 30c 10,100 8.00 8.50 6,615 39 38 39 5,825 5 2.05 2.05 100 4c 4c 4,500 7 2.05 4C 2.55 Jan 4%c Jan 7 50 6% Jan 7 3c 4.000 2%c Jan 3c Feb 46 Va 46 Va 70 44 Jan 46 Va Feb 8% 8% 8% 190 8% Feb 10 Jan 7c Jan 11c Feb 7V2C Jan 14c Jan Jan IOV2C 11c 2,100 8%c 9c 5,000 29c 31c 16,400 29c Feb 49c 27% 27% 27% 1,035 27 Va Jan 28 • 9.35 8.85 9.35 15,852 8.85 Feb 9.80 Roybar Chibougamau Rupupunl Mines Jan 1 11c 11c 12c 13,000 Jan I8V4C Jan 1 3c 3c 3 %c 73,000 Russell Industries 47/bc 19% 19 19% 1,570 19% Feb 1st 100 preferred—__49 . St Lawrence Paper 1st preferred 2nd preferred :__ San Antonio Sannorm Sarnia Gold 99 1 1 Mines Bridge 1 1 * — 103% 103% 103% 10c 3c 75 Rouyn Ltd 1 Bhawlnigan Water & Power Shawkey Shea's Brew • 1 class A—. Gordon Breweries Voting com Mines Winnipeg Sherritt Sicks' (1945) *■ 1 • common trust Sigma Mines certificates (Quebec) 103% 3.60 Feb 150 27 Jan 32 Feb 50 14 Jan 15% Feb 90 110 85% Jan 90 Feb 52% 55 50 % Jan 52 % Feb 3.50 5c 3.75 3,624 5c 6c 7V2 7Va 18,700 3.50 225 25c 27 %c — 26V2C 24 14,000 24 24% 995 12c — 15c 1,600' 15% 2.18 1 39 Feb 210 5 Feb 6 ' Jan 305 9 Feb 10 Feb 7c 25,00 50'% 51 275 7c 7 %c 32% 32% 355 7c 1,950 49 7c Feb 8%c Jan Jan 51 Jan Feb 9%c Jan 32 Jan 31% Jan 32%' Feb c Feb Feb _ 34 * 26 101 % Feb Jan Jan 9%c 9%c Jan 12c Jan 1,195 33% Jan 37% Jan 100 10 99% Jan 100% Jan • 2.10 2.19 5,500 24c 24c 27c 9,400 24c Feb 30c Jan 17c 17c 18c 4,000 17c Feb 21c Jan 1 Mines 2.15 class B 80c 7,760 75c Jan 92c Jan * 77c 80c 2% • 2% 2.07 Jan 2.27 Jan 5c National Week's Shares Low Co Pulp & Paper 5 Va Jan 6 25% 25% 25 24% Jan 26% Jan com—"1 92 92 25 82'% Jan 92 Feb 4% 2.525 3% Jan 100 102'A 620 common 1 4Ve 4 100 and Canada Bronze Sugar 9.00 8.95 9.00 200 • 22Va 22 22% 1,370 ♦ Vinegars Dominion 100 5 Canacia 12 % 12% 12% 5 23% 23% * common Canadian Fairbank's Morse Canadian Industries common Jan 15c Feb 15 Jan 15% Jan Jan 22% Feb 12 Jan 100 22'% Jan 24% Jan Feb 41 100 39 Jan 42 22% 360 22% Jan 24 3 4Va 17,584 Jan Canadian 2% Vickers * 92% 90 93 365 Canadian Western Lumber Westinghouse Consolidated • * Paper 3% 3% 2,280 58 57 58 80 * 19 18 Ve 19 3,672 Dalhousie Oil • 36c 35c 38c deHavilland Aircraft 17,775 * 21 21 50 Dominion Bridge Dominion Foothills — 89 3% 56 & O Paper common Utilities 2.29 23,564 2.38 Jan Pend 350 20 Jan 21% Feb Price 21 445 19% Jan 21% Feb Southmount Jan 17% Jan 19'A Jan Feb 45c Jan 16 Jan 21 Feb 43 42 Va 43 365 40% Jan 44% 35% 35% 55 35% Feb 35% Feb 3.50 3.80 2,400 3.15 Jan 4.00 Feb 40 38% 41 Va 4.355 37 Va Jan 19% 19% 20% 680 19% Feb 37 37 % 300 36'% Jan 18 7V2 * — 5 common * Oreille _1 Bros 18% —1 Jan 18'% Feb 21'% Feb 175 Feb 5.50 1.200 67Va 6,010 63% Jan 69'% Jan 42c 42c 200 42c Feb 42 %c Jan 25c Feb 38c Jan Temiskaming Mining Jan 689 Feb Twin • — 1 48c Petroleum. Feb 17% 5.40 17,800 City Jan 175 66V2 93,150 Southwest 20 10 Jan 42c 68c Jan 650 Feb Jan 37'% 67% 29c 8.85 485 20 175 41% 22'% - * 8.50 Feb 18Va 20 175 — Jan • ' Investment 62c 8.00 Feb Feb 3.50 —100 21V2 3% 58 35% 5 * Paper 21 Jan Jan Jan Feb Jan • Preferred 20% 94 20 preferred Power 600 Jan 35c Feb M 4'/a Feb • Glass Oil 15% 1.91 13 40 Canada Feb 22 22% com Feb 9.75 40 International 25% 104 Jan Feb 4% MacLaren Feb 4% Jan * International Jan 8.95 1 Feb 10c 92 Canadian Marconi Jan 24 Range Since January 1 Low High 800 Preferred Canadian High * Brown Jan 7% Jan 5% Eulolo Gold 6V2C 32c 2'% 5V2 Corp Columbia Feb Jan Feb for Week Jan Feb 2% Sales Range of Pi ices * British 4.05 7 805 Last Par Andian Feb 25c , Exchange-Curb Section Friday Ogiivie Flour 300 5,700 34 100 „ 10c 33% 34 1 26c Jan Jan 5 23% 8.50 36 Jan 9.50 Jan 99% 67c page 36 160 27c see 19% 32c Feb 415 1 For footnotes Jan Jan 8.00 360 1 — 19 20c 34 Silver Mines Feb 10 Sale Price 2.10 __ Jan Jan 41c 24% Silanco Minintr Miller 1 103% 32 15 % 89 _- 21 Jan 1 52% 89% 20% Jan 32 , Senator Jan 17% Jan 15% — — 7.05 12% Canadian Funds Jan • preferred Feb Feb Jan , 33% STOCKS Feb 3c — 10 Corp 8 35c 99'% 100% Toronto Stock Asbestos Feb Feb Royalite Oil Power Jan 5 7c „ preferred 26c 9% __ __ Lawrence 20 26c 8.00 6.40 ... 23% • Feb 2nd 2,426 *8 38c 99% Jan St Jan 1 Bear Jan 23% Saguenay 19c 23% Jan Jan common 6 7%C Feb Feb * Jan 22c % 3.10 : 50% * Zinc Knitting Jan 18% Co 4.30 3.15 • Mines Jan Jan 96c Oils Jan Jan 70c 47 4,002 Eank 3.60 Jan 56,410 Roxana Feb Feb 22% Royal ■28% 35c 21 ____20 Wright-Hargreaves Yale 1.05 — 55 350 1 Jan 21% —1 Jan 5,648 100 76c 22Va Gold Feb 13 %c 3.85 1 common 700 • Rochette 16% Jan Feb * Preferred 80c — Jan 11c —100 80c Quemont 1 14% 3,436 Feb Feb Lac 5,020 Jan • common. Feb 75c Long Jan 17,820 11c 21% ; (George) Feb 11,900 * 20c 35c 16% 55 W) A Weston 1.10 78c — Jan 30 • 82c 1.06 Roche Jan 59c 28% 1 45% 75c Robinson Cotton 28% Feb 21 Consol Jan — Jan 47c 3.65 Products Jan — 25% Jan 25 Western Ashley Minerals Western Grocers preferred Jan 96c * 950 6,000 Jan * 86c 68c 78c * Feb Jan 28 3.75 i 42% 11.020 1.02 73c 50c 21% Ltd 755 — 9c Jan Jan * A 2,700 2.05 Jan 35c Feb 52 1 (G 93c 82c 1 1 7c 33,050 108 26 * 45% 1 1 6,300 42c Feb 140 • 73c 63c 7%c 108 650 • 93c Queenston Gold —1 100 54 % 1 44% — Jan 108 27 % i 77c — Feb 12 V» 11% 54 Amulet Waterous Feb 1.85 47% Jan 170 % 167 Feb 1.90 3.30 * 10% Jan Jan 10 10 190 29'% Mines Oils Waite Walker Jan 16c 13 Jan 600 12 24V2C Jan 51c 1.80 10% 26% Ventures Ltd 45 Va 1 Jan 11c . Jan 23c 1 1.36 26% 1 1.07 4%c 80c Jan 20c lie • 5%c 17c __ 1.20 J an 4%c * 900 50 Mines 8%c 1,090 1 Feb 1.33 29% Steel Canada 600 9,382 __ Jan 18c 16% 16% • .6.000 1.49 9%c 44c Jan • 110,427 4.50 51c Jan Feb 12 %c 6,500 25 6c 45% 30V2c 9c 36c 48,250 29% Hill_ 1.30 45 19c Feb 1,435 17c * 6c __ 6c 39c 47c 49%c 35c 1.12 x 7 Vic 27% ' 1.39 40 27% Oils 8%c 13c 2.92 Jan * Fuel 71,167 6% 1.17 50 Feb 31 40c 47 Vic 1 Class B preferred 40% 6% East Dome A 14Vic Feb 108 * 41c • Resources Class B United Upper Preston class Jan 7c — — • Corp class A Yellowknife common 12c 29 7,709 1 • 8% 4.20 • Mfg Jan 170 1701/2 170 50 Mining 6V2C 1.45 100 Textiles Feb 1.66 11% Gas Jan 4.50 1 Gold 6%C Feb 1.26 1.26 1 Finance 8% 42 Metals Reno Jan Jan 7c A___ Petroleums Union Jan 1.80 __ Pressed Robertson 3c 1.45 Jan Jan 20c 17%c 6%c 1 -— 50c Jan 8c 10 Va 3%c • MacDonald Feb 15c 15c 100 class Toronto Mortgage Towagmac Exploration 10c . 1.85 Regcourt 41c 10 Va • Transvision-Television __ Feb 36c * Feb 11 3.00 7c 1 Gold 7%c 1.85 11 2.92 3.00 • v. 6 • 1 Gold 9c lO'/s 29 10 Jan 700 1 29 6V2 60c 42c 7%c 13c * Teck-Hughes Gold Mines Thompson-Lundmark 7%c __ 1.48 * _ common Preferred 29,375 Jan 3.40 Quesabe Mines Ltd • — 5 Vic 1 1 Jan 1 Mining 2.30 100 Torbrit Sliver Mines 5c 1 : 101% Feb 9%c * Quebec Manitou 570 Jan Feb Porcupine — 106 3V2C Feb Pioneer Gold Gold 102 69 6c Pickle Quebec Labrador Jan 103 Jan 27,200 1 Airways Jan 17% 3c 7"2c Piccadilly Porcupine Purity Flour preferred— 72c Jan _• Preferred Trust Jan Feb 16% 1,000 6c __ Corp 29% 65c 150 Feb Tombill 7VaC rl Voting trust certificates Jan 27% 1,500 17 21% Toburn 4c Gas common Jan 22 Feb 9,995 ____* River 14% 108 Jan 3,700 1 Powell Rouyn Gold Jan Jan 65c 3% c 1.18 1 Gold 90 17 Feb 1 Mines Jan Feb Class Gold 86 65c Jan 2.70 • Peninsular 20 17 1.07 4%c 1 Securities.-— 90 130 1 66V4 45Va : Feb 90 — 13% 240 • Mines 10 2,009 2,880 1 Consol Jan 8% 29 69 " Malartic 4,285 14% 1.09 ,4c 1 Oil 10 Feb Jan Tamblyn 2.60 1 Gold Renfrew 9% 28 3 VBc __ 1 Cadillac Jan 1 Taylor 4c * Ltd 62c 14 Va 1.07 1 Mines Feb Steep Rock Iron Mines Jan 2.62 * Tubes 54c Feb Jan 60c Orenada Porcupine Jan 2,380 21 % Jan 7c 60c common Petroleum 21% 29 67 Va — 68 % • _ 50 Jan 54c Jan Supply preferred—_2 Mines Jan 20% 14% Superior Oils Ltd— 60c 1 Lake Feb 48 Va 185 • common w Sullivan 35c • Mines 32% 220 20 % preference Jan 6,400 • Gold 805 50 21% 54c 9% • Jan 4,398 » . 34 50 Feb 9c 70c Orange Crush Reeves 32% 211/4 102 % 103% Jan 41c 1 Omnitrans Exploration Prospectors 36 34 Jan 180 Jan 8c 63c 5 _ Reef Jan 105 101 Va 1,000 35c __ __ Porcupine Feb 81c 1,152 50 8V2C 65c • Malartic Crow 36c Jan 107 Jan 41c 1 r—_________ & Jan 21 Va 1.68 8%c __ __ Gold Oil 33c 67c 105 Feb 10,500 Mines Credit 6,350 50,025 2IV2 1.42 103% 103% __ _____l Ogama-Rockland Paymaster 35c 70c78%c 100Va 5 7,200 1.50 114,495 __1 Preferred Paramaque 33 VaC 76c Jan 2a New 3c Mines Mines North Star Oil common Partanen 33V2c • Preferred Jan 1 Mines Western Jan Gold Toronto Hershey 99 High i Feb 29 • Canada T ake Jan common Canada common 21 Jan 44c 1 Inca Gold Pandora Olsen Co Jan 8%c Mines Red 27 Bros Feb 1 Steel Feb • Feb 27% 1.10 • Mining Osulake Paving 191/2 1.42 1 Ontario Beauty 15 775 100 30c <3 Vic Gold Oils Jan 865 100 Preferred 675 3c 1 Gold 26 V2 99% • Chemical 22 1 Mines O'Learv 1.45 1 Nor gold Mines Northland 25 99% • 41 • Oils Denison 25 % 30 Mines 635 38c * Northern Jan 50 Siadacona 28% 1.00 1 Merger North 28 Low 9Va Jan 1 North 480 Co 20 Va 3c Mines Norseman 10 29% 20 Preferred 19% 42c * Norpick Jan 28 Va .1 Co common 28 V* __ 1.05 Mines Normetal 350 1—100 Malartic South am Jan Noranda Quebec 6c 28% Nipissing Mines Norlartic 97 a a__ Surf Inlet Nicholson Premier Feb 28 Thurbois Power 39c 12 Va Norzone Powell Jan 1 Pacalta Fetrol 1,000 1 Rouyn Perron 7%c 7c 1 Mines Mines New People's Feb High 9% * iN) Range Since January 1 Low .1 class Gold Slater Jan 3 36 Vz 100 Marlon Gold New Pan 27 Jan Jason Newlund Pacific Jan 16c 52,900 Jan Feb 3 78 Feb • preferred Calumet Page 34c Feb Shares 9% A_ B Siscoe for Week 28 Va class Preferred 11 Bidlamaque Pamour Feb Va 3*c 10 Goldvue Osisko 4 Lia Class 90 1 New Orlac Jan 3 Dairies Feb 1,270 * New Ontario 18 11% * Car iWmi Omega Jan 35 % Alger Okalta oiiiipouju'b 11 Mines O'Brien Feb 16% 225 * Trust New 16 Jan New National New Silverwood 14% 10 3% Feb Sales Range of Prices / Par 37 c 35 * National Sewer Pipe class A New 220 Week's Last High | Feb ♦ 20 National New 31c * Preferred New Friday Sale Price Preferred Breweries common National Grocers common New 17 — National Neilson 16 18 __ 1 . MARKETS FEBRUARY STOCKS Low 1.000 18 » Mosher Long Lac Negus 33c 16 25 Morrison Brass (783) Range Since January 1 High 31c 18 Tool Moneta ENDED for Week of Prices LISTED WEEK CHRONICLE Sales Last Sale Price STOCKS FOR FINANCIAL 1 * 33c 5.40 Feb 6.00 Jan 33c 1,000 32c Jan 7c „ 10% 7c 1,000 6c Jan 8c Jan 10 10% 150 8% Jan 11% Jan 40c Feb 35 36 THE (784) COMMERCIAL & FINANCIAL CHRONICLE Monday, February 20, 1950 OVER-THE-COUNTER SECURITIES Quotations for Friday, February 17 Investing Companies Mutual Funds— Aeronautical Securities x Holding Corp 5.78 4.57 10 97.51 99.50 47.33 48.30 Managed Funds— 36 34'/2 Bid Mutual Funds— 6.34 4.22 Obligations Of Governmenl Agencies 1 Blair Holdings 3.90 8.00 15.31 6 1 • 97.65 Boston Fund Inc 1 21.32 lOo 9.05 I 17.05 19.20 - Bowling Green Fund Inc Broad Street le 3.84 4.23 lo 3.20 lo lc 4.03 7.47 40.12 Mass Investors 2nd Fund Inc.1 12.76 Mutual Fund of Boston Inc—1 Mutual Invest Fund Ino——1 14.11 15.34 14.74 16.30 com Preferred Investment Delaware Fund Dividend Shares Ration-Wide SecuritiesBalanced Fund National Investors Corp 1 Franklin Custodian Funds Inc— Preferred stock series lo Common stock series lc Fundamental Investors Inc 2 Industries Group Securities— Agricultural shares 1 4.82 6.60 4.04 4.42 1 15.69 16.87 l 9.97 New y0rk Stocks Inc— Automobile 1 6.57 7.20 Aviation 1 7.73 Bank stock 1 11.52 12.62 Building supply 1 8.81 9.65 7.71 , chemical l 11.73 Corporate bond series— Diversified Industry 1 10.84 4.08 Diversified Investment Fund_l 8.56 Due 1.55% 7- 1-49 4- 3-50 bl.30 8- 1-49 5- 1-50 bl.30 1.15% 1.35% 9- 1-49 6- 1-50 bl.30 1.15% 11.32 Rate 10.95 Merchandising 1 10.96 12.01 Metals l 8.43 9.24 oils 1 15.16 16.61 Pacific Coast Invest Fund 1 10.80 11.84 Mar. 9, 6.56 Public Utility 1 8.43 9.24 Mar. 8.22 5.11 9.01 5.61 16, Railroad I 5.67 6.21 Mar. Railroad equipment I 6.38 6.99 lc lc 7.39 2.50 8.10 2.76 Mar. lo 3.75 lc lc lo 4.67 4.90 4.64 5.13 5.38 5.10 6.07 6.66 __ 10c 22.97 9.29 1 8.18 1 11.49 I 15.98 1 2.47 Fund Inc (net asset value)_• selected Amer Shares 2ft Sovereign Investors Television Fund Inc 1.11 12.67 10.08 10.96 9.11 15.26 State 82c 8.31 1 14.92 1 1 27.56 Street 24.19 17.11 10.13 16.08 23.66 30.11 6.75 58.00 l 11.29 25o 74c 12.31 82c 10 Series E 23, 1.15% 1-50 bl.30 1.15% 30, 72 25 bl.14 1950 1.06% 1.06% 55 Par New York Bank of the Bank of A Manhattan Co_10 New Fifth Bankers Bid %• 17 $2.10 American Fidelity & Casualty-0 ig% 2% 21% 22% 28% 10 Brooklyn Trust 336 10.04 10.91 10.67 1 18.22 19.88 1 I 17.02 18.30 3.72 4.03 Bank Trust Co 8.80 2.54 1 ft Trust National First 102 Harris 40 6% 10 Bank 7% 63% 36 2.28 298 1.300 Prior preferred 1 10 28 % 41% 58% 100 12% 265 47% 93% 41% 88 10 59 New Amsterdam 62 Casualty New Hampshire Fir# 35 63 65,y2. B 22% 24 y4 71V2 74 y2 Continental Casualty Cram Ac Forster Inc lo 67% 70 10 35% 109 • 10 37 39 Federal 10 69 % Fidelity ft Deposit of Md 10 64% Fire Aesn of Phila 10 64 Fireman's Fund of Frisco Firemen's of Newark 10 92 % 95 y2 • 22% 24 General Reinsurance Corp Falls Northeastern Ins 20 y4 52 2iy4 .55 g 18y. 20% x26% 277/8 117 7 y> ■artferd Steamboller 10 36% 104% 105% 106 1969 102% 295 20 280 300 36% 38% Bank—. 12% United States Natl Bank 77 20 60% 62% of Amer N T A S A—12% 54% 56% Francisco San 103% 104 1979 103% 103 7/e 62 1979 104% 105 V4 1963 102% 103 5 16 10 102 lo 10 33 Maine 2%s Power 1999 . Conn Lgt & Power Power Gas 2%s 2%s Service Co 2%s 5 35 y2 mortgage 6 2%s 371% 47 y2 10 37% 39% 32 Travelers 55% 56% 52% 53 Power A ; preferred Electric 100 3.90c 51% pfd_30 x37% Kentucky Utilities $4.75 pfd_100 Maine Pub Serv Y State 4% % Pacific Elec pfd Gas $4.80 $5.50 pfd—20 A Pub Ser Par Stocks— Bid Ask 104% 105% preferred 100 pfd-50 52 19% 51% 38% 102% 20 ft 100 106 107% Elec Co— redeemable 1st pfd—25 4%% pfd—100 (Colorado) 4.40%—100 Pub Serv of Okla 4.65% 28% 28% 106% 107% 130 pfd.lOO 107 100 106 Rochester Gas ft Elec— San Diego Gas 4% % Blackstone Valley Gas A Elec— 101 107% Gas— (series 1949) & 106 pfd__50 Iowa Southern Util 5%% N %' Light— 107% A Elec— preferred —$0 21% 22% Staten Island Edison— 4.90% preferred —100 107 108% 107 108 49% 16% pfd $4.75 preferred series G Cen Ariz Lt A Pwr $2.80 57 Ask • • Penn Pow ft Lgt Tenn Gas Transmission 8s $4,25 7'/4 Delaware 4.28% 106 37% Pow $2.20 ft preferred Hartford Kansas Power ft Light— Public Berv of Indiana 8s 17% Lt $2.04 Bid Par Stocks (Continued)— Conn 103% Indianapolis Pwr A Lt 27/8s_1979 Oregon 140 lo 1 39% 37% 124 38 y2 100 Fidelity ft Guaranty Co—2 u s Fire U 8 Guarantee Westchester Fire 4 10 1 440 52% 455 54% 65% 68% 82 86 22'% 24 Tenn Central Hudson Gas ft Elec— 4.75% preferred 100 105 Gas $4.65 Transmission— preferred 100 b Bid yield price, d Deferred delivery sales (not in year's range), e Ex-interest, f Flat price, k Admitted to listing on N. Y. Stock Ex¬ nAdmitted to trading N. Y. Curb. rCash sales (not included in year's range), tExliquidating dividend. (Un) Admitted to Unlisted Trading privileges. wdWhen delivered. wi When issued, x Ex-dividend. y Ex-rights, z Ex-stock dividend. a U 8 35% 100 Trust & 103 i37/8 120 103% 1979 Calif 1st 25 54 14% lo ~8% 99 12% 10 1984 47 lo B Hartford Fire 100% 43% lo 10 Globe & Rutgers Fire common_5 Hanover Fire 100% 45 12% Globe ft Republic x93 30% 103% 4iy2 Security (New Haven) Springfield Fire ft Marine Standard Accident 54 y4 B 39 Detroit 104 102% Commonwealth Edison— Reinsurance Corp (N Y) Republic (Texas) 32 y2 52 y4 IB 103% 2%s_1979 39 Seaboard Surety.. 30% 5 preferred Power 2%s__ 1979 65% Providence-Washington L lo American 37% National First 103% 106% 37 66 V2 Glens and 1007/8 102% 62 y2 2.6O St Paul Fire ft Marine. 10 of Deposit Natl Bank__100 Bank Ask 100% 105% Central 2 Bank Security Issues 1974 9% 5 37 Peoples First National Bank -1979 2%s Tel 32% Phoenix Preferred Accident 68 y2 1971. «% Pacific Fire — 2%s__' 30 % Pacific Indemnity Co Peerless Casualty Co 62% & Tel Amer Tel 4 3.33Va 35% Pittsburgh 8% 670 Bid Bonds— Bell Telephone of Pa 3s 12.50 Co 8% 640 Recent 52 37% Employees Group Assoc Employers Reinsurance New York Fire North River Northern . 32 325 10 310 37 105 Associated 2 30% 100 Ask Duke -10 Great 12 100 33% 10 -20 Bank. Co 91 25 32% I_5 625 43% 30 y4 National Union Fire Trust Mellon Natl Bank & Trust 271 90% 31 y2 66 y4 350 600 Portland 45% 5 63% 330 100 60% —25 5 25 92 222 City Bank National 43% 20 26% American Surety 89% 215 100 Savings Co National Cleveland Farmers 31% 25 24% 35% 100 Cleveland ; 30^ 19% 18% 1,475 1,445. United States Trust Bid Trust__l3% 34% ; Co A Trust National 22 32 % 100 1,240 10 100 Ask Detroit 20% 100 Bid 200 109 Industrial Bank of Commerc#~10 Trust Trust A Bank National Northern 38 106 ; .100 Illinois Bank 49 154 61 % 10 Title Guarantee ft Trust common Par Central Stamped Exchange Bank ft Trust_20 County Trust Co (White Plains, N Y) 10 Empire Trust 50 Guaranty Trust Companies Continental 351 Irving Trust Kings County Trust Lawyers Ttyust 3.94 33% 104 1.10% 47 Trust— Corn First National 7.66 2.24 l Massachusetts Bonding Merchant Fire Assurance Merchant* ft Mfrs ' bl.14 99 100 Central Hanover Bank ft Trust 20 Trust 10.46 10 _ 1.08% 1950 City Natl Bank A Trust 53% American Re-Insurance 10 bl.14 149 , 51% National Caaualty (Detroit)—10 National Fire in 25 1.07% 1950 Chicago 26% 100 Continental Bank ft 17% American of Newark 1.06% bl.14 Ask 20 7.46 $1.05 Convertible preferred_5 26 1.06% bl.14 May 18, Commercial National Bank ft 6.56 20.31 Home S Insur Co of North America—10 Jersey Insurance of N Y 20 18 y2 24 y4 1.06% bl.14 May 11, ■ York Avenue Trust 75 1 • bl.14 1950. 1950 1.05% 1950 Banks & Trust 45% Par __ Ask bl.14 .. 1950 20, 4, 38 1 Ask 27 13, April May 43% Companies 64% 1950 1.06% Sterling National __ 6, 27, 15 nap . Series 1956 64 y4 Treasury Bills bl.14 1950 Fiduciary Trust North Amer Trust SharesSeries 1956 2.72 62 % 4 bl.30 April 10 1 5.40 10 Fire— 2-50 11- April ft 1 5.43 96 —21 Connecticut General Life— 10- 1-50 bl.14 1950 Federation Bank Maryland Casualty Camden 1.15% 3-50 2- 1.02% Bank 1 independence Trust Shares z62 % lo 10 Boston bl.30 1.04% Chemical Diversified Trustee Shares— Bid Par Shippers— bl.30 1-50 Bid Chase National Unit Type Trusts— Insurance ft 1-50 9- April Public Nat'l Bank ft Trast.17% ^ 8- 1-49 1- bl.14 1950 Morgan (J P) ft Co Inc Bankers 1-49 12- bl.14 1950 National City Bank New York Trust _ 1.15% 11- 1.02% bl.14 18.63 1 16.89 13.70 2.49 Mar. 2, 1950 22.07 1 Union Preferred Stock Fund Union Common Stock Fund United Income Fund Shares Wall Street Investing Corp Wellington Fund Whitehall Fund Inc Wisconsin Investment Co 4.92 25o 23, Manufacturers Automobile 1.15% Ask 1 4.97 1 Assur bl.30 1*30% 1 Series B 17.54 25.81 32.84 15.48 B-3 (Appreciation com Stks)-1 8-4 (Low Priced com S'tks)—1 22% 6.16 12.55 K-2 (Appreciation pfd Stks)-l B-l (Quality common Stks)_l 6-2 (Income com Stocks)—1 11 -.96 55.00 Series C 1 1 1 11.06 21% CorpZ* Union Bond Fund series A 28.82 26.39 18.67 11.05 Feb. 17.18 l Investment Trusteed Industry Shares Keystone Custodian Funds— Bid 52.44 Fund Republic Investors Fund Scudder, Stevens & Clark 10.18 9lc 1.22 13.89 1 American Equitable Ask 3-50 1.30% United States 2.71 52.44 Trading Putnam (Geo) 24.83 Investment Trust of Boston American Casualty Bid 7- 15 1 Petroleum ft 1 Investors Management Fund American Automobile Due 3-49 12.59 shareholders Trust of Boston 1 American Alliance 10- 8.96 Tobacco! 4.89 1.93 lc lc lc lc preferred stock equipment steel of. 4.52 1,78 B Agricultural .9856 4.12 . Ltd— ft Surety Dated 1.30% 14.32 Investment Co Aetna Casualty .9939 99.9685 .. 1.30% 9.99 „ Aetna Life .0450 99.9817 .. 1.30% 13.07 1 Aetna Insurance 1950 1.15% 1.35% l . Lexington Trust Fund 1, 1951 Ask lo Fund tlfts "Jan. 1.15% 1 Railroad stock shares Knickerbocker .0372 Bid Machinery Equipment shares Bonds) pfd Stocks) 1, bl.25 insurance stock RR (Speculative .0468 100.0110 .. 12.27 Railroad Bond shares K-l (Income tlfts Oct. 100.0042 .. 11.46 lo lo Bds) 100.0360 - 1950 .0245 1-50 10.46 5.98 Bonds) 1950 100.0121 3- 10.33 9.47 Grade 1, Ask 1-49 11.20 8.64 B-2 (Medium July tlfts Sept. 15, Bid - 1950 1, Dated 1 Investing Company shares—lc Low Priced shares lo B-3 (Low Priced Indebtedness— 8- 1 8.46 7.58 9.84 B-l (Investment Bonds) 100.1 Federal Intermediate Credit Bank Debentures Rate Electrical 7.72 6.91 9.37 Stock and Bond Group of America 1%% .0386 100 99.31 U%s Diversified 7.97 Shares 99.31 1954 Ask 100.0302 - 4.47 5.51 B-4 1951 15, Bid (cont)- U%s June 1, 1950 11.50 1 7.27 Group shares Bank Group shares Insurance Group shares 100.7 12.85 6.90 6.87 Fully Administered shares—lc General bond shares lo Industrial Machinery shares lc Institutional bond shares—lo Aviation 100.3 1957-1955 Maturity— 100 6/32 8.47 5.46 7.17 Incorporated Investors 100A 1.55% England Fund New 10.92 Income Foundation Fund 102 6 1, 5.27 17.66 57.34 16.35 53.33 5.05 6.54 Howe Plan Fund Inc 100.4 Price Ask 10.93 6.72 5.83 16.78 9.97 5.02 Institutional tOct. 1, IMar. 3.99 7.81 Utility shares 99.30 101 30 7.21 3.65 lo shares^ 1953-1951—_ 1, 1955-1953 Certificates of lndebt fl%s Apr. industrial Stock Series 1 Selected Group Series 1 Low Priced Com Stock Series I le Tobacco Bid 1%% 1050 1, 7.44 Stock Series 5.95 Equipment shares lc Food shares le Steel shares.. 99'28 4.87 2.17 33% Electrical shares 0000 3.30 Chemical Petroleum Int. Rate 6.81 3.02 Building shares shares Ask oa 99-24 l%s Oct. 120'/4 Dollar Maturity— 4.46 1 6.29 6.26 Merchandising Mining shares 119'% Treasury Motes— fl%s Mar. 1, 1950—... 1 7.03 shares no 0. S. Certificates of Indebtedness 7.15 1 lo lo shares 1961 7.56 Preferred Stock Series , shares Aviation 3s 6.54 Income Series— Speculative Series le Automobile Canal 6.92 4.25 29.78 6.13 5.32 15.31 1 1 1 Inc Fund Bid 1QS9-lQtn 2y4s Feb. — 1 Agriculture Capital Corp Investors Trust 1 1Jan- 1953 1 p^ed B0n(j geriei 1 Gas 1, Certificates of 1.98 31% 5.37 10 First Mutual Trust Fund General 10.48 4.03 27.55 Financial Industrial Fund Inc-I Corp— 15.30 9.69 18 50 20# • Stock Fund 14.26 Security Series— Bond series 27.63 General l >1 . 29.54 19.78 1 —-1 Bqulty Fund Inc Fidelity Fund Inc Panama {April Baton & Howard— First Boston beneficial of National Balanced Fund Feb 13.79 37.31 Mav y l' 190,4 1S0U Other Issues 1%S 8.19 1 point a 100.5 l%s Central Bank for Cooperatives— 30.51 Century Shares Trust Commonwealth 3.74 28.22 Manhattan Bond Fund Ino—lOo Mass Investors Trust— 21.04 Ctfs Christiana Securities 100.2 100.2 of 4.55 4.50 3.39 Interest—1 1 Bullock Fund Ltd Chemical Fund 100.3 100 32nds more or 4.50 4.13 100.1 one Federal Land Bank Bonds— 4.44 4.08 -lo 1950 1951 15, Ask Bid f 3.53 Steel shares— 9.06 18.43 Sept. 15, 4.14 Paper shares Petroleum shares 101.72 23.05 1.35s 3.89 4.08 1 15.23 16.47 100 4,300 4,450 100 137 142 1 5.84 6.35 1 14.49 15.95 2So 1.56 1.71 Corp Invest 3.53 3.75 shares Non-Ferrous Metals 2% 214 Bond Inv Tr of America Corp Automobile 8.65 16.64 7 le Business Equipment shares-lo Electrical Equipment sbaret-lo General Industries shares—lo 4.22 1 • 1 Shares— Business Axe-Houghton Fund Inc Axe-Houghton Fund B Beneficial Corp Banks— Federal Home Loan l%s Feb. Home Furnishings shares American Figures after decimal point represent Ask Far Loomis Sayles Mutual Fund—* Loomls Baylea Second Fund—10 Ask 1V4 Affiliated Fund Inc Amerex Bid Far Odd lot sale (not Included in year's range). included change. ♦No par value, tin default. tThese bonds are subject to all Federal taxes. Volume 171 Number 4883 THE COMMERCIALv & FINANCIAL CHRONICLE (785) THE COURSE OF BANK CLEARINGS ] Bank clearings this week will Preliminary figures compiled by show a decrease compared - based upon telegraphic us a year ago. cities of the country, indicate that for the week ended Saturday, Feb. 18, for all cities of the United States for which it is possible to obtain weekly will be 9.8% below those of the total stands at this center $13,046,075,742 against $14,457,872,648 for the there is a loss for the week ended same week in 1949. Friday'.of 7.9%. summary for the week follows: clearings clearings Our preliminary year. 1950 % with advices from the chief corresponding week last At Our comparative Third Federal Reserve Pennsylvania—Altoona 936,810 1950 1949 1 I 933,416 + 44.8 1.037,469 + 27.4 3,434.646 , Philadelphia Reading —11.7 853.685 929,247 985,101 2,683,538 + 18.9 830,359 2,454,578 6.2 706,000,000 2,956,366 738,000,000 2,909,606 860,000,000 810.000,000 2,611,198 + 27.7 4,556,066 + 30.8 + 17.7 + + 17.2 —32.9 6,196,315 8,914,759 4,826,830 6.0 739,926,842 767,386,894 7,062,791 6,313,143 142,370,779 251,518,145 24,649,900 898,586,138 847,788,944 — 3.1 856,000,000 912,000,000 — 6.1 Cincinnati 455,404,381 460,799,167 1.2 Cleveland Columbus 157,477!468 168,998,494 — 255,512,527 262,790,876 Mansfield 32,559,600 + 274,400,000 — —16.2 ,^14,109,425 —10.7 293,497,238 337,942,445 1 . 198,229,537 Ten cities, five days $10,086,466,406 $10,883,530,331 Other cities, five days 2,374.506,460 .All * f cities, one 585,102,076 TotaL all cities for week Fifth Federal West —10.9 910,584,102 , issue ends week. We cannot furnish them today, Saturday and the Saturday figures Accordingly, in the above the we as cases however, which For that week there was an week has to be estimated. complete results of the week previous ending Feb. 11. the present further we — below the week increase of 13.4%, the aggregate of clear¬ ings for the whole country having amounted to $14,097,112,922 against $12,429,659,192 in the same week in 1949. Outside of this city there was a gain of 9.1%, the bank clearings at this center having recorded a gain of 17.3%. We group the cities accord¬ ing to the Federal Reserve Districts in which they are located and from this it appears that in the New York District (including this city) the totals show an expan¬ sion of 16.2%, in the Boston Reserve District of 4.2% and in the Philadelphia Reserve In the Cleveland Reserve District the totals are smaller by 1.1% but in the Richmond Reserve District the totals are larger by 15.1% and in the Atlanta Reserve District by 4.5%. In the Chicago Reserve District the totals record an expansion of 21.4%, in the St. Louis Reserve District of 2.3% and in the Minnea¬ polis Reserve District of 24.9%. In the Kansas City Reserve District the totals register a gain of 5.9%, in the Dallas Reserve District of 30.3% and in the San Fran¬ cisco Reserve District of 4.5%. District of 6.0%. In the following ; we furnish summary by Federal Reserve Districts: OF BANK 1949 $ $ 1st Boston .12 cities 2nd New .12 3rd York Philadelphia 6th Richmond 7th Chicago- 8th 9th St. / Minneapolis Kansas 11 th Dallas— 121/h San Total Outside New 767,386,894 1.1 688,439,191 664,920.889 338,730,962 ,357,619,263 4.5 526,812,272 + 21.4 916,068,134 834,511,305 + 2.3 409,942,099 5.5 t 3,757,260 189,677,363 2.787,364 Sixth Federal Reserve 9,390,000 97,552,676 8.5 - 9,218,000 3.6 103,791,786 3,365,154 161,091,208 5.2 179.426,318 64.716,560 59,874,403 + 15.1 338,730,962 357,619,263 + 30.2 72,893,901 + 389,571,153 + 24.9 325,122,799 274,837,980 + 419,339,357 396,431,391 + 5.9 421,547,350 387,133,263 280,147,530 214,994,438 + 30.3 238,608,768 223.072,124 560,212,037 *+18.1 645,517,705 604,174,812 661,855,942 14,097,112,922 12.429,659,192 6,427,416,136 5,891,857,387 2,907,661 District—Atlanta- Tennessee—Knoxvllle 15,817,719 Nashville 16,933. 581 62,726,745 Augusta 203,200, 000 4,833, 845 4,294,437 Macon 3,656,513 6.6 15.687,370 13,894,268 + 23.7 50,220,754 197,800,000 58,525,776 204,500,000 — 50,707, 685 211,000,000 Georgia—Atlanta 3.8 + —11.2 3,702,657 4.2 7,061,648 Total (10 cities) + 74,580,273 6,087, 303 528,752 115,362,006 Mississippi—Vicksburg Louisiana—New Orleans 76.757.497 90,097, 241 435 819 610,655,109 Seventh Federal Reserve 3,844,322 2,940,979 3,582,787 + 10.8 93,880,810 Mobile 2,614, 903 86,961 363 + 39.8 96,326,479 Florida—Jacksonville Alabama—Birmingham Michigan—Ann 2,229,095 2.1 - - + 16.0 73,286,067 79,259,312 6,482,122 6,318,284* +18.7 122,693 ,032 439,507 6.0 97,559,305 4,5 526,812,272 546,828,019 2,110,547 8,944,560 6,039,058 — 584,564,772 + 474,239 103,784,772' District—Chicago- Arbor 1,945,550 1,164,808 I,649,079 7.045,500 + 40.8 5,744,352 Lansing Indiana—Fore Wayne Indianapolis + 67.0 9,919,297 Grand Rapids 4,193,015 + 40.3 10,152,977 6,771,363 6,100,180 7,433,100 ' + 16.4 47,807,000 5,259,038 + 29.0 2,837,221 5,448,461 2,619,463 + 8.3 63,255,785 Iowa—Cedar Rapids + 95.9 42,812,000 6,784,009 Wisconsin—Milwaukee. 3.794,028 49,823,000 South Bend Terre Haute 58,082.462 + 8.9 53,112,774 20.6 50,166,365 3,886,805 3,508,106 3,550,291 2,943.295 + 28,528,158 Des Moines 24,073.023 + 4,945,127 47,109,000 4,761,858 i $ 30,009,700 10,429,190 + 28.3 1,017,636 655,477,613 12,607,057 821,928 + 23.8 536,034,250 2,861,622 1,042,995 714,533,933 2,514,792 + 13.8 646,002,246 3,294,045 8,856,928 3,627,592 2,825,051 2,588,415 + 13.1 II,020,378 + 30.5 3,184,234 4,914,541 11,365,836 4,110,828 + 12.7 3,716,846 2,791,428 870,491,959 - Chicago 18.5 13,384,182 Sioux City Illinois—Bloomington.. 717,097,263 +21.4 916,068,134 834,511,305 2.6 237,400,000 4.1 95,539,304 75,176,373 10,012,151 4,733,759 Total (17 cities) + 22.3 26,552,475 12,665,981 . 849,475 Eighth Federal Reserve District—St. Loots— Missouri—St. Louis 230,300,000 Kentucky—Louisville 224.400,000 98,937,695 102.647,439 84,071,357 + 32.5 1,379,207 415,135,918 + 77,413,935 1,826,866 . Tennessee—Memphis Illinois—Quincy 405,840,581 1,826,422 217,600,000 108,037,523 87,563,808 1,742,824 2.3 409,942,099 414,944,155 — + 8.6 414.944,155 266,452,440 4# 112 cities 2,264,025 11,517.000 109,461,604 546,828 019 717,097,263 405,840,581 44 -10 „— 739,926,842 332,832,094 6 - Francisco 6,454,779,867 6.0 44 10 664,920,889 3,771,863 477,042,137 + 44 7 - Cityi 500,651,638 5,988,363,431 — 584,564,772 688.439,191 % 4.2 870,491,959 44 4 - 1947 $ 415,135,918 44 .17 — 389,571,153 610,655,109- 1948 + 15.1 751,649,295 448,266,292 " 44 or + 16.2 + 847.788,944 44 _10 Louis 10th 898,586,138 743.504,358 4# 6 '*■ 490,820,255 6,804,236,623 44 -7 6th Atlanta——', 511,473,683 7,904,324,542 14 _11 4th Cleveland Inc. 1.1 448,266,292 _ Springfield Dec. % 751,649,295 246,870,707 76,719,458 Columbia—Washington Peoria CLEARINGS 1950 Federal Reserve Districts 231,437,619 3,439,729 Rockford SUMMARY 3,336,839 5,294,464 224,505,082 2,388,373 ' Week Ended Feb. 11— 2.3 11,270,000 Decatur a 4,783,514 273,328.109 appear not available at time of going to press. are last day of the week in all In the elaborate detailed statement, are able to give final and _ foregoing will inasmuch 6.8 107,578,025 '. details for the week covered by the exact of next 0.3 6,860,775 Reserve District—Richmond- Total (6 cities) • r Complete and our 9.9 4,582,661 Virginia—Huntington District of 9.8 — f in 28,483,800 29,636,500 743,504,358 Carolina—Charleston Maryland—Baltimore —35.7 $13,046,075,742 $14,457,872,648 w 153,055,092 266,777,049 279,571,002 Richmond South 8.0 — .* V 6.8 2.8 4,569,671 Total (7 cities) 7.3 — 2,663,738,215 $12,460,972,866 $13,547,288,546 day ■f 36.1 — 6,394,687 Youngstown Pennsylvania—Pittsburgh Virginia—Norfolk Total all cities, five days 5,451,880 —12.9 v Cleveland Baltimore 7,319,403 —13.2 172,749,464 296,896;o6o " Ohio—Canton 3.2 354,385,000 265,500,000 —. 5,959,599 Fourth Federal Reserve District—Cleveland- 4.6 280.555,946 St, Louls_ San Francisco Pittsburgh + % 242,929,618 3,825,492 7,215,738 12,273.335 737,563,279 254,111,920 2,557,762 4,436,517 2,152,845' 3,817,797 8,231,407 , 714.736,759 Kansas City 4.9 8,453,400 Jersey—Trenton 7.9 Boston 716,687' 2.292,763 3,761,527 1,132,132 4,377,343 2,204,722 3,947,029 York 2,045,404 5,958,175 Wilkes-Barre — ' * + 2,594,032 Scranton $7,051,231,860 Philadelphia . 1 $ 1,060.682 $6,497,014;698 Chicago 1947 $ 1,235,955 Lancaster Total (11 cities) Week Ended Feb. 18— 37 1,183,486 Bethlehem.. Chester New 1048 Dec. % District—Philadelphia— Delaware—Wilmington vX':,v Clearings—Returns by Telegraph New York Week Ended Feb. 11 1949 Inc. or + 13.4 11,739,731,191 12,007,250,708 9.1 5,984,826,076 5,794,773,342 Total (4 cities) Ninth Federal _ Reserve District—Minneapolis— Minnesota—Duluth 4,845,781 South Dakota—Fargo 5,065,548 182,640,746 4,896.231 + 22.6 81998,769 St. Paul 4.3 223,936,463 Minneapolis North + 230,616,728 61,036,993 + 36.0 71,154,618 4,900,314 2,183,222 + 39.8 5,848,109 —12.0 2,711,620 2,412,547 6,849,105 Dakota—Aberdeen — 4,714,229: 185,793,855 | We now City add our detailed statement week ended Feb. 11 for four years: ■fidr. 66,393,487 6,142,272 1,921,910 3,205,917 Montana—Billings Helena Total (7 cities) showing the, figures for each 2,499,338 + 28.3 9,074,149 York 2,913,421 8,126,279 + 11.7 2,652,798 * 6,982,072 6,728,792 266,452,440 +24.9 325.122,799 274,837,980 332,832,094 city for the » • Tpnth Federal Reserve District—Kansas City— Week Ended Feb. 11 1950 Clearings at— $ First Federal Reserve District—Boston Maine—Bangor Portland _ - 1.748,802 - 1949 Il)C. or-j $ Dec. p. 1948 % $ 5,26C,600 422,175,996"" Fa 11 River—J 1,499,036 16.7 * 1,952,491 1,585,963 4,455,942 4,167.897 419,023,784 396,553,826 1,776,035 4,100,906 ;,<?+ 28.4 408,361,168 .1,747,166 Lowell 1 New Bedford- ; Springfield ] + 1,583,100 883,961 816,477 1.672,388 7,499,509 Worcester— % 4.1 + 10.4 1,794,818 ;+ 1,867,907 » 6,867,862 8.31 - . Rhode Island—Providence New 2,247,007 7,079,340 . 1,676,260 5,166,968 4.6 5,222,364 5.4 20,542.552' 10,763,552 .'+..4.7 8,618,417 8,431,971 +{9.9 27,410,100 26,979,200 0.6 1,511,484 1,339,504 23,858,500 1,320,496 — 7,492,793 10,903,890 267,747,003 St. Joseph— 511,473,683 490.820,255 *+ 6,284, 482 10,430, 254 270,191, 967 + 24.7 4.2 500,651,638 5,327,108 0.9 13,526,983 273,874,682 8.4 255,397,500 10,692 ,709 1,718 ,024 1,652 769 + 1,979,722 419,839,357 396,431,391 — 5,727,476 10,467,167 11,756,636 38.1 10,768,087 1,740,082 + 19.8 1,918,517 1,594,623 1,525,481 + 5.9 421,547,350 387,133,263 + 5,130,774 22,004,954 Eleventh Federal Reserve District—Dallaa— Texas—Austin 8,094,549 6,081,911 33.1 229,792,392 6,019.696 i I 175,270,334 + 31.1 24,521,821 195,786,000 17,465,558 6,317,552 181,586,000 + 40.4 5,423,000 21,389,975 + 24.9 20,105,653 3,791,095 4,341,000 3,034,712 24.9 8,524,673 4,076,838 3,000,922 8,800,923 3.1 8,335,337 4,387,000 2,737,232 7,938,687 280,147,530 214,994,438 +30.3 238,608,768 223,072,124 105,516,403 92,862,213 Dallas Fort Worth Galveston 477,042,137 Louisiana—Shreveport + — JUK-f ■* Total (6 cities) ' W* Second Federal Reserve District—New York— 312,340 463,186 6,114,393 94,439,116 4.5 9,796,844 Total (10 cities) 385,003 581,650 6,546,740 106,213,843 + 19.2 + — 2,372,029 Colorado—Colorado Springs Wichita Falls Total (12 cities) + 34.7 6,688,047 24,614,283 1,311,999 Kansas—Topeka Missouri—Kansas City 688.893 11,273,289 26,210,700 Hampshire—Manchester- + 22.4 ■ dj2 + + 27.4 403. 431 \ i-10.5 US, 812,122 413, 706 4,771, 203 89,867, 846 112,091,986 Pueblo ' 23,279,787 New Haven 526,879 *500,000 6,428,211 Lincoln Wichita 5,403,486 Connecticut—Hartford Nebraska—Fremont Hastings Ofhaha _ Massachusetts—Boston 1947 New York—Albany fiinghamtor. 26,885,940 58,779,649 3,436,814 3,068.464 66,342,194 69,347,216 1,810,152 1,499,136 Buffalo Elmira »—^ i__ Jamestown 1,824,049 New York 7,669,696,786 1,512,644 6,537,801,805 + 12.0 2,256,178 2,436,520 —'4.3 • 63,094,175 1,348,362 + 20.6 + 17.3 2,126,280 1,446,395 1,743,973 5,754,905,115 6,212,477,366 19,591,404 4.9 18,324,816 17,889,343 11,690,004 + 19.7 10,942,050 12,312,066 11,031,2.85 + 18.6 11,697,788 7,891,836 668,422 + 25.8 840,825 Newark 39,965,831 Northern New Total (12 cities! * 45,881,473 Jersey .40,921,073 48,325,521 7,904,324,542 6,804,236,623 ;.L+ — 2.3 586,062 33,275,033 631,065 , -7 Washington—Seattle 47,818,813 44,860,083 + 16.2 5,988,363,431 6,454,779,867 91,587,283 2,675,493 + 19.3 118,710,844 36,502,754 + 31.7 85,542,959 41,910,294 39,210,005 2,977,036 —11.3 — 3,406,037 13,909,057 10,519,690 + 32.2 12,156,680 San Francisco San Jose— 9,559,121 8,759,140 282,552,259 8,385.635 + 38.8 + 26.5 8,569,091 338,427,917 Stockton Total (10 cities) Grand Total (112 cities) Outside New York tNot availably 4.4 9,510,739 3,201,152 + 25.3 3,910,429 7,701,0+1 + 4.5 3,883,325 6,727,374 6,658,317 661,855,942 Santa Barbara 8/587,243 345,659,722 9,979,356 8,045,382 — •Estimated. 1.7 96,675,164 48,095,497 Utah—Salt Lake City California—Long Beach Pasadena 103,218,932 2,926,028 115,310,500 Oregon—Portland 36,513.021 5.1 — ■ " Twelfth Federal Reserve District—San Francisco— 72,207,766 £+20.7 13,085,811 New Jersey—Montclair M 44,370,433 13,997,902 „ Connecticut—Stamford ** 41,988,759 20,556,765 Rochester Syracuse —54.3 560,212,037 +18.1 645,517,705 604,174,812 + 13.4 11,739,731,191 + 9.1 5,984,826,076 12,007,250,708 5,794,773,342 357,353,536 8,461,225 4,010,754 14,097,112,922 6,427,416,136 8,105,869 12,42.9,659,192 5,891,857,387 + „• 38 FINANCIAL & COMMERCIAL THE (786) Monday, February 20, 1950 CHRONICLE PARTIAL Foreign Exchange Rates Atlanta certifies daily 1st BY FEDERAL UNDER TARIFF ACT OF 1930 RESERVE BANK TO TREASURY 1st Union 10. 1950 TO FEB. 1950,' 16, INCLUSIVE 1st Monetary Un.t 1st $ .297778* .297778* .297778* .206949*= .206949* .206949* .206949* .174562*" "A" Preferential "B" Preferential Special .174562* .174562* .174562* 1st Lincoln's Closed 2.231573 — Mar Free Oklahoma Public Natural Service Gas 3 due 1 * Mar 1 559 560 560 1974 514% pfd. stock Feb 28 27/«s, due 1961—Mar 1 Co., 1st mtge. Co., Richmond Terminal Ry., bds., due .909090 .909090 .909090 .397500 .898125 .899765 .208500 .208500 .208500 .208500 .0200600 .0200600 .0200600 .0200600 .114938,r .144938* .144938* .144938* Cities .0028625 .0028625 .0028625 .0028625 5% Scranton-Spring 1st Brook Water 27,o% mortgage Service due bonds, ENTIRE Service India, Dominion of, rupee .208700 .203700 .208700 .208700 5% Mexico, .115718 .115706 .115706 .115718 6% ISSUE guilder 2.772896 Uruguay, Lincoln's Closed .232433 peso 2.800703 .658327*t .561797*1 ♦Nominal.■. tApplication depends upon type ,425531|t 1 Mar May 1 1 1 462 199 102 102 3 Vs % Inc., 1,1959—Mar 1 1969 1, 1, 1, Apr 1958 1963 debs., due Feb. 41 Hotel Co.— 1st 360 Mar 6 553 27 465 Indiana Golf .561797*1 .425531*1 555 Mar 1966 stock Public Club _ .658327*1 .561797*1 1 Service Co., 5% pfd. stock—Feb (Chicagoi — 1st mortgage 4% bonds, due Nov. 1, I960— Mar Sharp & Dohme, Inc., $3.50 series A. preference stock__Feb Thew Shovel Co., 7% preferred stock Mar U. S. Axle Co., 6% gold bonds__ Mar 2.800742 .658327*1 .425531*1 Birthday ,425531*1 u: — 2.300742 Stores, Northern 2.783750 .658327*t March Riverside .232550 2.783750 .561797*t" peso Uruguay, \ 2.800703 peso Uruguay, .232740 2.783750 .232800 due 1, mortgage bonds, dated 1914 Johns-Manville Corp., 314% preferred .193329* 2.783750 — Jan. debentures, Fair 6% .327225 .193329* — pound Africa, Kingdom, pound sterling United .327158 .193329* franc of South Union 5% .0346142 .327158 .193329* due Hastings Square .496166 .327058 krona Sweden, .0346250 ,0346500 dollar Pag« Apr Co.— debentures, debentures, due April gold debentures, due Nov. Food .140154* .0345875 .496166 — Portugal, escudo Btraits Settlements, .262550 2.772896 .140154* ,496166 - .140154* Birthday .496166 Philippine Islands, peso Switzerland, 2.772896 Lincoln's Closed .140154*' krone Norway, .262557 2.772896 .262557 .262533 Zealand, pound Netherlands, CALLED Date gold peso Corp.— 1976 Company and Issue— gold gold (Metropolitan), franc Prance * Chicago, Rock Island & Pacific RR.— General mortgage 414% income bonds, due 2019 krone •Denmark, 594 1965_Mar .0199875 .0544060 .909090 koruna 1 -Mar 15 1st mtge. 3% % .0199923 — rupee Czechoslovakia, 463 463 557 Mar .0544060 Ceylon, 192 1 1 1969—Mar due .0200000 -i. 1 Mar 197-3 .897500 Official New bonds, mortgage dollar— Canada, 553 Mar 1970 .0544060 Birchday .0200000 _ Brazil, cruzeiro 103 1 & .0544060 franc Belgium, 1 —Apr bonds, due 1974_Mar District Northwestern 2.231573 2.231573 2.231573 C and B 3%% 314%, 2%%, 3%% Narragansett Electric Co.— 1st mortgage 3% bonds, series A, .138958* .138958* .138958" .138958*- — pound Australia, $2223 Michigan Consolidated Gas Co.— $ Basic A, Equitable Gas Co., 1st mtge. 314 % bonds, due iB. F.) Co., preferred stock $ .297778* $ $ $ Argentina, peso— 353 1 Goodrich Feb.16 Feb. 15 1 Co. series mortgage Empire Feb. 14 Feb. 13 Feb. 11 Feb. 10 Mar 1962_Mar due Associates— Eastern Ry.— 3)4% bonds, series A, due Electric Co.— , . mortgage 3'4% bonds, due 1969 Joliet 1st Country and Terminals bonds, Fuel & mortgage and collat. trust Elgin, York Buying Rate foi* Cable Transfers in New Value in United States Money- Noon Gas 481 4Si Ry.— ref. mortgage Page 1 1 mtge. 4s. series A. due 1965 Western Indiana RR.— mtge. 414 % bonds, series D, & Eastern FEB. 1st mortgage and 1st Cleveland CERTIFIED RATES EXCHANGE Co., Clinchfield & Ohio Chicago give below a record for the week just passed: FOREIGN Date 1st mtge. bds., due 1974-Mar 3% bonds, due 1963_Mar Inc., 3'/2% Light Gas Carolina, We the different countries of the world. of the Treasury the buying rate for cable transfers on to the Secretary Arizona Edison Co., requirements of Section 522 of the Tariff Act of 1930, the Federal Reserve Bank Pursuant to the REDEMPTION* Company and Issue— •Announcement in this Issue. 15 20 * 594 15 500 595 1 * of merchandise. DIVIDENDS $186,000,000 at all reporting member banks. Holdings of Treasury certificates of indebtedness de¬ creased $205,000,000, of which $103,000,000 was in New York City. Holdings of Treasury notes and of United States Government bonds increased $99,000,000 and $51,- Statement of Condition of the 12 Federal Reserve Banks Combined thousands of (in dollars) Increase ( + ) decrease (—.) certificates Gold F. for loans 4.227 328.813 266.546 2,143 _____ advances—--- and 2 23,124.459 gold ctf. reserves--— cash Industrial U. S. — 540,029 Discounts 166,000 R. notes Total Other + 22,584.430 . fund Redemption $ $ 5 Assets— since 1949 1950 1950 — 80,448 3.824.649 6.330.850 Bills Certificates — Notes 705.600 6.920.300 - - Bonds — — S. Govt, securities- 17.781,399 securities— 18.050.088 foreign banks P. R. notes of other banks.— 38 110,598 loans Due and from Uncollected Bank 45.431 28,540 increased in all districts. 21' + 120,677 + 1,356 + 25.500 + — 28,100 48,600 —1,445,768 + + 125,677 premises Other assets Total + A of the assets and liabilities of reporting summary assets 6T63 62,115 6 2,035 44.960,117 _ + 53,334 4,729 loans Liabilities— 22.927.574 notes — 1.781 — — acct. 16.399,536 + 134.195 —3,047,469 acct. bank—reserve Treasurer S. 670.915 + 304.845 —1,083,579 gen. Other 890,380 - ——— — 528.287 Foreign + 13.893 + deposits availability — — Other liab., incl. Total liabilities items— accrued divs. 18.489.118 2,664,970 9.675 1—_ 44.091.337 — + S. + 425.538 —3,889,504 + 525,334 — + 876 + 949.967 — 84.140 1,346 —4.528,632 to paid in— (Section 7) (Section 13b) Other capital accounts Surplus 214.223 483,173 —-— 27,543 138.841 Surplus 11,141 Cash + + 4*692 21,462 Balance + 954,805 + or carrying: obligations- 1,409 69 _ 7 + + securities—Total 42 1 __ 21 + — 28 + 7 + 318 + 104 + 81 indebtedness ;• 5,947 — 3.984 + 24.847 . 5,236 Reserve Banks 3 — 2,576 + , + + 587 241 + 4,338 186 4,452 + 735 205 + 746 99 + 2,945 51 762 + + + — 56 2,050 domestic banks — 51 321 12,063 1 — + 88 1,032 2,259 23 Ratio of serves, note certificate gold to 30*384 Liabilities— 477 + 737 15,393 + 34 + 333 + 118 + 923 9.066 demand deposits: banks Domestic 0.6% + 5.6% + 27 + 544 1.196 Commitments trial to make loans foreign — Debits 7,579 50 + 3,964 1.759 40 + 31 indus¬ —— to demand deposit accounts, interbank and U. S. Govt, 6 325 Contingent liability on accept¬ ances purchased for correspondents Arcady Farms 1st B V A 41-2% 7% 414% 4% 133 — + Common 4% Co. (San Francisco District) Class statement of weekly reporting member banks of the Federal Reserve System in leading cities shows the following principal changes for the week ended Feb. 8: Decreases of $241,000,000 in holdings of United States Goverhment securities, $321,000,000 in re¬ serve balances with Federal Reserve Banks, $477,000,000 The /condition in demand deposits adjusted, and $133,000,000 in borrow¬ ings, and an increase Government deposits. of $118,000,000 in United States Commercial, industrial, and agricultural loans de¬ creased $11,000,000 in New York City and by smaller amounts in most of the other districts, and increased $10,000,000 in the Boston District; there was a net de¬ crease of $33,000,000 at all reporting member banks. Loans to banks increased $104,000,000. bills decreased $108,000,000 in New York City, $78,000,000 in the Chicago District, and Holdings of Treasury Redemption Calls and Sinking Fund Notices Below will be found OF Date Aroostook Page (F.l M.) Valley RR.— 5Vz % Campbell Co., Class B A. B, Corp.— 3-1 4- 1 3-1 3-10 3- 1 4- 1 3-22 3- 1 2-20 3- 1 2-20 $1.25 4- 1 3-7 3-31 2-28 6-30 5-31 40c 4-20 4- 1 4- 1 3-10 4- 1 3-10 4- 1 3-10 4- 1 3-15 $1.50 2-15 2- 6 3-13 2-28 4- 1 2-28 $$1.75 4- 1 2-28 3- 1 2-10 soe 3-11 3- I 4- 1 3-18 3- 1 2-21 2-20 2-15 3-31 2-28 a2s (s-a) 3-31 2-28 3-31 4- $37l4c 3-15 2-28 4 Co., Ltd. lquar.)_ (quar.) Power 2-17 3- 1 2-17 3- 1 2-20 75c 3- 1 2-18 3-15 2-15 3-23 3- 9 3-23 3- 4- 1 4- 1 4- 1 5- 1 3-15 3-15 3-15 4-14 3-10 9 Co.— (quar.)_____ (quar.i (quar.) Service 3- 1 28c 28c 75c (irreg.) 1-31 12V2c 63c Co. 2-24 2-28 $25c (quar.)__ 2-28 3-15 25c com. 3-15 15c ________ 25c 28140 (quar.I Co. Ltd., class A (s-a) (s-a i Wire & Cable Co., common common 50c (quar.) &'Cannon Foundry Extra Canada 1 Co._ _______ 4- 1 50c 3-10 2-28 $75c $25c 4-1 4-1 3-1 3-1 $50c Packers, Class preferred stock Apr 2-15 4- a3%> (quar.) Water Class 1961 2-23 a214% (quar.i__/ Company Wyant 553 5 Vz% due interim). 931 (iireg.)__-^-i preference 557 & Co., bonds, 3-10 $25c Manufacturing preferred 557 E.) 4 14 % 1 3-15 3-31 $1.50 common preference 5.60% Mar 27 (Walter Drake 1st mtge. mortgage No. (quar.)_ Electric 5% Income and sinking fund bds., due 1953-Feb 24 Lackawanna Laundry Co., Inc., 1st (closed) mtge. bds.-Mar 1 Heller ref. (1st 2061 Packers, Ltd., class A preferred 554 Hotel and No. Extra California 12 1st 4- 1 $$2.25 ______ preferred (A. Canada 2-28 4-14 4- Ltd.— Co., TENDER Company and Issue— 3-15 $1.25 (quar.) (speciali___ (coupon Butterfly Hosiery $3 $1.75 15c (s-a) California NOTICES Ltd. Bigelow, Brothers $2.50 3-15 50c Manufacturing 4V2 % Byers 3-6 / 25c Brunner Burkart bonds, notes, preferred and common stocks called for redemption, including those called under sinking fund provisions. The date indicates the redemption or last date for mak¬ ing tenders, and the page number gives the location in the current volume (except where indicated) in which the details were given in the "Chronicle." 3 4-15 Co.— _ (coupon preferred Bunte list of corporate a B & 6% 4- $2.25 t$1.50 ___ preference Brown $1.75 12 4c iquar.) (quar.) common Tobacco preference 1 3-3 75c pfd. Inc preferred British Columbia Condition Statement of Member Banks 6% (quar.i 5% 3- 4-1 $1 Ltd., Cordage, Ordinary because of holiday. 3-15 $1.06 (quar.) 6% ♦Preliminary 1 $1.75 $1.75 (quar.)_______ Ties, British-American 3- 70c iquar.) (quar. 5%> Son, 3-14 70c common (irreg.) Brantford & 3-15 Savings (quar.i preferred 188 21,506 during week (quar.i.. & quar.) Co., Bessemer Limestone 61 Cement Eird except Trust Belknap Hardware & Manufacturing Co 302 accounts, pfd. 5% Manufacturing Co., preferred 1 $1.12Vs (quar.) RR., (quar.i Brummell Beau 1 4- 12'4c _______ preferred 2 3- ■ 1834c National preferred Beacon 3- 25c (quar.i (increased Bastian-Blessing 3-14 3-15 $1.50 1 $1.75 —' (quar.) (quar.i Hydro-Electric preferred 3-15 $1.50 (accum.i preferred Association 3. 1 Telegraph Co.— common Quarterly Bangor 3- 3-i5 3-31 30c iquar.)_____— common America 2-23 3-15 $1 laccum.i common prior of 3-15 25c Milling Bangor & Aioostook Bank 3-24 10c preferred Corp., 1 this timet Corp Inc., 3-15 4- divi¬ common on _____ Telephone & 1st D — (quar,) (directors at Feb. 15th Co preferred Foods, 7% —4,465,645 Interbank 55.8% Wringer Arts 7% iquar.)___ (quar.i Belding-Corticelli, re¬ deposit and F. R. combined.,,.— liabilities American B/G pld. (quar.) preferred 4-1 Co.— usually paid at preferred 2-23 40c 50c 7% action no 2-10 3-10 75c (quar.i—: meeting took 7% Co. (quar. 1 Co. 2-25 75c Telephone & Telegraph Co. 50 2.567 44,960.117 preferred American American Woolen Class 146 37,354 ___ Federal Steamship Goods. 4-1 50c (quar.) __ Refiring 278 426 258 ___ with — 4,403 . of Inc.— common Sugar dend 345 _ tquar.i Co. Associated 447 vault in — 33 — 47,290 Total liabilities & cap. accts. Lines, Co., $3 $1.50 Paper S4 3-8 1 Co.— _ Stores 430 2-21 15C Cigar American purchasing securities with 13,885 443 obligations loans Treasury notes U. S. bonds + () Export Felt preferred Applied 860 bills certificates Treasury Reserve 146 for Government Other + & (quar.) American 4,940 1 $2.50 Line Co (increased) preferred 7% 2-21 3- 75c ___ Extra $6 loans S. Treasury 33 — pur¬ banks Loans U. for securities estate Real - dealers and Government Other 79,733 Capital Accounts— Capital Cigarette Common , agricultural securities Other Total Deferred Large American carrying: Government loans U. 161,811 391 S. Other Other Member and : brokers to U. 553.642 Deposits: U. industrial, + 33 + chasing or Reserve + Loans—gross 4.465.645 954.805 1949 157 — 24,520 Commercial, + 67,110 Loans—net Loans Federal American 6% 3-13 25c _____ (quar.) — — Products 6% 3- 35c 33)3% 50c (s-a» pfd. — (in millions of dollars) and Investments—Total Loans 1950 Feb. 9. . dividend)—- Coip. (quar.) Amalgamated Leather Cos., Inc.— 6% preferred (quar.) or Since Feb. 1, 1950* 24.643 791,526 Ry, 5% (quar.i American : Inc. ( + ) Dec. (—) Assets— + Co., Inc. American member banks follows: 4,491.878 — (stock 3-15 $1 Mills, Allied ______ Vicksburg Finance Allied American-Hawaiian 11 — & H older» Payable of Rec. 5c Company Co. announced When share iquar.) Insurance American Borrowings decreased $174,000,000 in New York City $50,000,000 in Chicago. —4.521.774 168,948 Corp. Allied and increased 325,050 —3.072,637 3.195,650 — Lite * 328.419 — 34,289 116,182 items Steel Aetna „ 43.250 Feb. 8, Total Acme Alabama + — 85,552 Company Electric $35,000,000 in the Boston District. Time deposits in¬ creased $34,000,000. United States Government deposits + were Per Name of Acme deposits adjusted decreased in most districts; the principal decreases were $108,000,000 in the San Francisco District, $95,000,000 in New York City, $86,000,000 in Chicago, $58,000,000 each in the Cleveland District and the Chicago District outside of Chicago, and ■ Total U. payments shown below during the current week. Demand securities: Govt, The dividend Holdings of "other securities" in¬ 000,000, respectively. creased $51,000,000. or Feb. 16, Feb. 8, Feb. 15, of total a 4-1 3-1 t$l t50c 3-15 3-15 2-28 2-28 Ltd.— (quar.) _ Volume 171 Number 4883 THE Per name of Company Canadian 5 % Share issue the panic. 1st preference announcement was published declaration, has called tion , the at 1st issue $23 A Illinois 4Va'A Class A Class 4% Mfg. B (quar.) Citizens Gas __ _ Electric, iincreasedi_ com. Ice Co. (s-a) (quar.i _ 3.00% Nast $5.25 Steel Co. Co., (quar.)__ Va % & preferred Debenture & Deerfield __ ___________ Inc. Co. Harvester Voting Light Co., Hoskins 1 3-20 Oil Co. 4- 1 3-20 4- Pulp & 1 3-15 4- 1 3-15 Oil 5- 1 3-31 30c 3- 1 2-17 3- 1 3- 2-28 2-14 3-15 3 3- 1 3-20 2-28 $1 3-14 2-24 3-15 3- 1 3-10 3- 1 3-10 3- 1 20c 3-10 2-27 4-15 3-22 20c 3-31 3-15 15c 3- 1 2-15 4- 1 3-18 4- 1 3-18 3-15 3- 4- 5 _!__ common Inc., 7 3-15 3- 3- 2-17 4Vi% 3-15 3- 4% 3-20 3-10 1 3 1 Co Kinney Coastal Oil Kinney Manufacturing Co., 6% pfd. Kleinert (I. B.) Rubber Co. (quar.i H.), (s-a) Inc., $25c 5- 1 4- 1 $25c 4- 1 3- 1 Libbey-Owens-Ford 4- 1 3- 3 Life $1.25 4-17 3-15 $6 preferred & Co. Co. 3-15 2-28 Liggett & Myers Tobacco, 7% Lily-Tulip Cup Corp 3-15 2-15 Loew's, 4- 1 3- 3 4- 1 3- 3 30c 2-25 2-15 7% Shoe Stores Insurance (payable Co.— on or (Baltimore), class A Fund (quar.)___ Philadelphia Stores, (increased Inc. Fitzsimmons Stores, Ltd., class A B & (quar.i Light Co. Co Dairies pieferred preferred Power preferred class B Ind., com. <initial 1 (quar.) Co., iquar.) Railway 3-15 3- 1 50c 2-15 2- 7 2-15 Master Electric Ltd. Signal 3 J/2 % com. Co. Safety Razor, Co. Harvester $5 iquar.) 7 Metal 1 Micromatic pfd. (quar.) 3 3- 9 3-10 (quar.i Home Corp. (quar.) Union Sugar 8 Union Wire 3- 8 United l" Co. Micromatic Corp Mid-West Refineries, Inc.— $1.50 convertible preferred 3- 3 3-15 2-28 65c 3-30 2-24 3-27 2-27 50c 3-27 2-27 3- 1 3 1 2-20 3- 1 2-20 3-31 2-20 3- 6 class A Supply New Co., Corporation Fund, (J. J.) 6 2-23 Niles-Eement-Pond 2-24 Nineteen 3-10 3-10 3-10 4- 3- 1 £$1.25 4- 3- 3- 1 4- 1 3-17 River 67c 1 4- North Hundred Northern Ohio Edison Ohio Match 47e pfd. (quar.) (quar.) (quar.) Corp. Co. quar.) (quar.) common 3- 1 3- 1 4- 1 3-15 4- 1 3-15 3-27 3- 3-15 2-27 3-15 2-27 2 lie 2-25 2-14 3-15 3- 40c 3-14 2-28 $1.06 >/4 ; 3-15 3-3 1 IOC (Kansas) 3- 3-20 3-10 25c — 2-25 3-10 25c Louis 3-15 50c 2-28 2-18 3 common. Omaha, 20c 3- 1 2-20 $1.25 of 3- 1 2-20 95c Ltd 3-31 3-21 25c — 3-10 3- 20c 3-15 2-28 15c (quar.) 3-31 3-10 ! Co. Theatres, $4 Inc. (initial)— 2-28 50c 1 2-20 (quar.)__ 3-31 3- 2 2-23 $3.50 (Bait.) 4-20 $1.50 (increased) common 3- 2 2-23 50c 4-14 3-2? 35c common preferred 6% participating preferred Light 3- 3-15 3- 6 433/4c iquar.) 3-15 30c — 3-15 3- 6 2-15 2- 3 1 3- a $1.50 Co.— 4- Carpet Mills 40c iquar.) 2-21 1 2-14 Vicksburg, Shreveport & Pacific Ry.— 3-11 3- 2 5% preferred (s-a) Virginia Dare, Ltd $20c 3-23 A 3-31 3-10 Otis 3-29 3-16 Pacific 5- 4- Package $4 3-11 3- 1 3-10 3- 1 40c 3-10 2-28 Waukesha 3-10 2-28 West 4- 3- Machinery Co. Co. 1 3 4- 3- 4- 3-15 40c 4- $2.50 4- 3-17 4- 3-15 2-28 2-20 $1 4- 1 3- 4- 1 3-16 Visking Corp. Wabash 10c 3 7 3-15 3- 30c 3-10 2-28 Co., Warner $5 Erothers Co. ___ a 3- 8 2-1? Disinfecting preferred Co., 3-15 3- $1 4-20 3-31 4-20 3-31 3 50c — 3- 3 1 3- 1 3- 1 2-17 $1.25 3- 1 2-17 30c (quar.)—,., 4 5 4- 25c iquar.) 2- 4- 25c common 2-15 25c Inc.„ iquar.) 2 West Virginia Coal West Virginia Pulp & Western Weston 5% Weyerhaeuser White Villa 2-20 2-24 2-24 Winter 3-31 3- Wood 4- 3-15 3-20 3- 3- 1 2-15 3-10 6 Winn & 41/2% Instrument Corp. Timber Lace iquar.) 3-27 3-11 50c 4- 1 3-15 3- 8 2-21 50c 3-10 2-27 50c 4-15 3-29 7- 1 6-15 75c 3- 6 2-24 $3 (quar.)— iquar.)— — (increased) 3- 1 2-15 30c 3- 1 2-15 20c 3-10 2-29 40c 3-10 3- 56V'4C com. iquar.) 1% Hirsch, $1.25 .____ Manufacturing A — common Co Inc. preferred — (s-a) 4- 3-24 1 1 3- 1 2-17 3- 1 2-17 31'AC 3- 1 2-17 $4c (quar.), 35C 37 VaC preferred 4- 1 2-24 Newspaper Machinery Corp.— (increased) convertible preferred Wright-Hargreaves Mines, iquar.) Ltd 2-27 ♦Transfer books 3-20 3- tPayable in U. S. Funds, less 3- 6 2-23 3- 1 2-20 3- 1 2-23 a Less British 3Cc 3-15 2-28 x Less 30% 7 (quar.) Co.— Lovett Grocery Co., Common 5% Co. Stationery Corp., (quar.)—: Products, & Corp Paper & Grocers Wilkes-Barre Willson 3-10 3 Tablet preferred 3-10 1 Condensing Electric Western Coke & 50c * 3- 1 75c Pictures, Motor 40c Co. 1 1 3- $4.50 (annual) common preferred (annual) Wabash-Harrison Corp. 3-10 $1 (quar.) 44- 50c Railroad 4Vi % 25c (quar.) — $2.50 110c — 3-17 56'Ac (quar.) Pennsylvania Salt Manufacturing Co is-a) 2 1-31 2s preferred Robinson Patterson-Sargent 2 3- 2-10. 35c (quar.). O'okiep Copper Co., Ltd.— American shares, ordinary 3-10 Co., 3- 3-23 50c (increased) preferred 1 1 1 1 12'/aC ___ 2-28 $1.10 1 3- 4- 4- — iquar.) 3-15 30c iquar.) 1 3-20 1 ft c 50c 2-28 50c (quar.) (quar.) 4- 2-28 & 3- 35c Co.__. Mohawk 2-27 3-21 4-15 15c iquar.) St. Inc. non-cumulative $1.50 common 4- 3-14 of Corp. Co., 1 8 56'Ac. 3-10 15c (increased 5- 1 & 50c ___! 25c 1 Power Utica 17Vic ; iquar.) iquar.) Company $2.25 Gamble Utah 50c (quar.) Co., Elevator 9 2-23 $1.12Vi common Mills, preferred Ohrbach's, Universal Cooler, 3- 3-10 15c Insurance Paper preferred 4.4%. 3-10 3-20 40c Iquar.)__ Company 1 4- B__ (quar.) 3- 4- (increased) (quar.) Inc. 3- 4- 3-31 7% $1.25 Jersey Power & Light, Newberry 3-14 25c com. class Co. preferred Nesbett 1 50c (quar.)_. National-Standard Nehi 4- 25c Corp., (quar.i National Hosiery Mills, 4Vi % (initial) Co Corp. Discount 57c .preferred 60c Tobacco 4- — 50c (initial) B Calculating Machine Muskogee Co. (quar.i National Potash S. 1 iquar.) $20c Monroe 3-15 S. U. Common 1 3 U. 3-14 2-28 3- 26 37Vic (quar.) 8 National 2-17 / 3-14 2-18 3-10 2-22 28 VeC iquar.) 10c 3- 2-28 1 1 25c I— preferred (s-a)__ U. S. Fidelity & Guaranty 3-31 3-17 3- $1.25 7% 3-31, 8 40c —__—_— Co. Co., 2-28 4- 6 > Hone Class 3- 2-25 Co. Insurance Envelope 3-10 25c Fund 10c 3- 3-20 3-10 S. 3- $20c iquar.) Rope Income 25c (quar.) (quar.i 1 3- 50c 8 3- 1 87c Corp 3-25 4- 3-15 25c 3- 1 50c (quar.) Manufacturing Co. <quar.i Molson's Brewery, Ltd., new class A $2.50 $1.25 1 4- 10c preferred Forming Corp. Nachman 15c 4- 1 3-20 25C (quar.) Yards 4- $12Vic (quar.) common Publishing Co. 2- 3- 2-28 $1.06V* (quar.)_ Stock 1 3- 94 c — System, preference 30c 25c (quar.) convertible Meredith 3-15 4- (quar.) $1.50 Co., 5% 50c 3-10 3-15 Co. Extra 87'ac Corp.— (quar.) iquar.) Refrigerator 1 McCrory Stores Corp., 75c Transportation (quar.i Union Gas Union $1.75 (quar.)— Maxwell, 3-10 20c 1» 2-20 3-10 Insurance Pacific $30c : (quar.) American Co. 3- 3- 40C — (quar.) Paramount $$1.37 (quar.) preferred series A Title 1 3-10 8 50c r United 50c common 3-10 Co. Inc. United 75c (quar.)— preferred 4- (increased) com. Products 25c (quar.). new $1.75 3-15 8c —— Axle Roofing U. Corp. 20c Wallace, Tilo Timken-Detroit 3-31 3- (quar.)___ iquar.)____ Time, 3- 2-23 3-15 (quar.) common Gas 4-30 50c 2- 3-15 $1.12 Va preferred common preferred 3- 3-10 30c ... 4V4% 1 2-15 17 VaC (quar.i_^_ : Co., 2-11 1 $1.50 Steel 3-15 1 20c preferred Fund, Inc Texas Southeastern Thomas 3-31 20c .__ Texas . 2-17 30c 3-20 6-12 75c 2-27 37Vic 4- (quar.) — 1 1 $1.50 iquar.)._ (quar.)___ iquar.)— pfd. 2-27* Sulphur 3-15 75c Special Gulf 2-28 2Vic quar.) 2-17 5- 3-20 iquar. 1 B Extra 6c $2.50 Industrial 1 12-11 $1.25 (increased)__ 50c 4- 33'A % 3- 7Vic 1 12-20 (quar.)___—_______ Inc., Corp. 25c about — 2-27 Texas 2-23 3- 9-11 50c Ltd.— class preferred Car • , 3-10 (James), V2 % Wall 4- 35c 4 Tennessee Louisiana Land & Exploration Co. (increased) 2-24 62Vic 3-10 3-10 3-10 3-11 9-20 —_ preferred 3-10 Modine .' Talcott A Magor Co.— (quar.)____ 2-15 3-10 3-10 50c (initial) common 3- 3-15 2-21 6-20 preferred Corp., Marsh 3-15 75c Oil 2-28 3-15 2-25 $2.50 Sunray 3-20 1 25c iquar.)„_ partic. class 2Vic 1 3-20 50c ____ Kentucky 3-10 (quar.) 3-13 20c A 3-13 31c (s-a) of convertible $1.50 3- 50c : common Corp. Oil Co., 4- 3-25 $1.12 Va ______ Class $1.75 Company, 50c <quar.)_, (quar.i Fire (P.) preferred Co. A.) 4 V4 % $3 Stores, Inc. (quar.) Inc., common (quar.) pfd. (quar.) Lorillard Oil Warner ID. 4y2% 3-20 2-27 75c (quar.) $1 Lincoln 15c Cement 3-17 4- 1 3-10 25C Mfg. Co., 15c (increased)— Tenn. of 20c 7% E.i 2-15 4- 1 3- — (quar.) preferred (quar.)__ 1 Glass $4.50 4- 4- 1 3- 3-15 L_ : Gas, $6 pfd. A 3- 25c (quar.) iquar.)__ common (s-a)_.__ Casualty Ins. 2-27 $1 3- 3-15 iquar.)— (quar.) Stix, Baer & Fuller Co. (quar.)__ Stratton & Terstegge (quar.)_— Strawbridge & Clothier, $5 pfd. (quar.) 2-16 10c 2-23 (M. 3-10 45c .____ 2-23 Lamston Stuart 3 3- 2-28 3-15 (initial) preferred Stewart 3 $1.12Vi (quar.) 1 1 3-10 * 3- Iron Company_____ 30c (increased) common 1 4- 3-20 3- & Co, Portland Standard 1 3-23 2-20 $$1.75 — 6V4c (quar.i. 3- 1 3- 3-23 3-18 1 3-10 140c read — $1.12Vi preferred Kingsburg Cotton Oil 2-27 3-15 50c (quar.) 2nd 2-27 3-27 40c (quar.) 3- 75c America Machine preferred convertible common preferred Kimberly-Clark Corp., 3-27 ,2c Steel Natural (A. $3.75 $1 : have iquar.) Mills Spokane 50c J (quar.) It should — Inc., Staley 62Vic „ 3-31 3- dividend iquar.) Carbon Spiegel, 3-15 2c $1 5- Spartan 3-22 (s-a) common convertible 1 4-15 15c preferred Publishing Corp.— preference iquar.) 1 conv. Speer 3-15 4- 2 25c — Southwest 35c • 50c 3- incorrectly reported in last Southern Pacific 2-28 50c 2-15' Lid.— Quarterly 3-10 4-15 1 30c Canada, 7% Quarterly 3-10 3-29 2-24 3- $50c of Quarterly 2-21 3-31 $37Vic iquar.) • Company, $1.20 1 3-10 4- 6 $1.25 common Slos's-Sheffield 3-10 2Vic Manufacturing Co New preferred Inc. $4.50 preferred (quar.i Kerr-McGee Oil Industries, $1.06'A B Common ; 35c shown) Mineral Royalty Co., Extra Joy 2-21 2-10 1 9 Simmons-Boardman $3 3-29 2-11 3- 3- 25c payment. a Inc. 2-19 $25c Co. was preferred Skilsaw, 2-27 25c (Del.) Kendall (quar.i com. ._, dividend Power Investors 5% 3-15 » Extra 1 75c International Paper, new com. (initial quar.) $4 preferred (quar.)__ i Interstate Hosiery Mills iquar.) 3-10 4- week's issue. 2-27 2-24 4-15 121/aC — instead of International Cellucotton Products—, International Harvester Co. (quar. i_. Co. (quar.) 3-15 Bronze Fower referred 2-20 $1.06'A Powders, Ltd.— participating preferred (quar.) Interstate Gas, 5% 2-20 4- 2-17 3 12 Vbc 1 3- 1 3- 12 y2 c 1 (irreg.) 2-16 (quar.)_—____ Co Corp. Fidelity-Phoenix 1st Corp. (initial) com. 1 20c 3- $2.75 (accum.i new 3- & (quar.i $1.50 common--- Corp., $3 preferred National B 3-31 — (quar.)__________ Curme of Iron Inc., 4- $1.25 2-24 $7c 3- Rayon International preferred Correction—The 2-27 3» 3-15 Inc.— Corp Ltd., 3- 2-24 (s-ai Pomeroy, 31V4c Corp. iquar.) Institutional Shares, Ltd.— Bank Group shares Interlake & +$1.25 al8'/2% 40c (Newark, N. J.) (quar.)____ preferred Fire Assn. series Mines, Ltd. 3-17 Silknit, 2-28 3 3-10 Co.— 3-31 Ltd.— 3-13 4- 9 $5 Ry. Sherwin-Williams (quar.) 2-1& $6 V2C iquar.) 3-15 (quar.)__ 1 20c 3-30 3-31 3- 1c Shenango Valley Water, 5% pfd. (quar.) Shepard Niles Crane & Hoist Corp. (reduced) 3-31 2- 25c 8 3-31 2-28 1 3 7 Vac 6 payment 2-28 3-15 iquar.) 3-20 3% preferred Steel 2-28 3-31 10c Co,__ & 3-15 3 3- (initial) Inc. Inc. Gold Oil 3-10 $25c (annual) Lines, 3- 3-20 $1.183/4 3- (quar.) Britain 3-14 45c (s-ai 3- : Great 3 2Va% 3-20 $12V2c of 2-20 4- (quar.) 3-30 (quar.) 2-21 2-18 Co partic. Sharon 1 1 3-21 1 32c pfd. A Canada, A Hampshire 3-15 (s-ai $25c (final) Pittsburgh RR., 7% guaranteed (quar.i European & North American Ry. (s-a)— Financial 5% series Ltd. Hutton Shoe Seminole 3- 3-15 3- Inc.— 50c (interim) preferred New 30c (initial) Co. Antonio Seatrain 3-15. 1 (Detroit) 25c iquar.) of Oil preferred Selby 2-24 3-10 held $1.12Vi 2-28 $25c T_ Co. 7 12V'2c of Brothers. 5 Va % 6-20 3- Co. Cold Schoellkopf, 8-21 3-17 San 11-20 3-21 1 5-22 1 share Society (stock dividend Ranch 5% 3 4- dividend)— each Savings Louis Southwestern St. 2-21 1 1 Ireland, ordinary (final 1 Indianapolis Water, class A 6% 1 6- 1 25c Erie & of Paper, Tobacco 4'A% 3- & Corp. (quar.) Royalite Oil Co., Ltd. 3-21 3- 4-21 $50c Rowe 6 3-31 (stock for Storage Reeves 3-15 37'Ac iquar.) Rice 2-28 7- Mortgage Corp. Co. 2- 1 4- 9- Co (Texas) B 1 $12 Vic Industrial Ltd.— pfd. iquar.i__ Inc. iquar.»___ common Auto-Lite Ferro Enamel Erie Imperial 5% 2-14 Co. Raybestos-Manhattan, 3-20 1 12- (quar.) preferred pref. 25c Empire District Electric Co.. Equitable Fire Ins. Co. (South Carolina) Co. 2-17 3-15 3- 2-25 4- 25c Final 6% 3-15 3-15 1 60c Quaker City 2-15 1 4- 15c : $4.75 preferred Purity Flour Mills, 3-23 25c Co preferred Ordinary 2-17 25c Works Electric, $4.50 preferred & 1 3- 1 3 2-25 iquar.i Rapid Transit, 5% pfd. iquar.) Company, common (quar.) Imperial Tobacco 20c 1st preferred United 1 3-31 15c Coach 3- 3- $1 Mining 3-15 3-31 2- ____- Stores, partic. Extra 1 4- $1.20 4- 1 3- 20c Corp inc Industries, Common 3 25c Manufacturing Houston 2-24 iquar.)__________ Ltd. Co. Co., Paso Gleaner 2-20 4- $1.25 iquar.i_ Brothers Gisholt Hoover 1 & 3- (quar.) . 5%. Co., Steel Dorado dates 3 3- 2-28 3-20 ___•_ Chemicals, preferred Stock 3- 3-14 5.12% 3-15 25c Honolulu 3-15 4-14 Common Feltman 3-3 Huron 1 50c 2-27 3-15 Hudson 4- 25c (quar.)_ class A 3-15 4V2% Publicker 12VaC (quar.) 5c & Irregular Eastman Kodak 4'A% preferred $1.25 1 _ Eagle Fire Insurance Edgewater non-cumulative Homestake Public Service 12 Vac (quar.)_ non-cumulative class A $1 4-20 (irreg.)__ Co., iquar. 1 Plastic $1 2-27 30c trust certificates Duquesne A 3-15 $$5 Co $1 preferred (quar.i Dominion Textile Co., class class A 2- 5% 2-16 2-15 3-15 3- 2-27 15c Loan 3-15 91'Ac common— 2-15 $1.25 (quar.) Y.i Company, 3-15 Canada____ of (special) (N. & 50c , 4% preferred (quar.i_ Dominion Tar & Chemical Common non-cumulativc non-cumulative 1 Provident 1 $25c 25c Dewey & Almy Chemical Co _! Dictaphone Corp., common (quar.)__ Gillette (quar.) $1 Quarterly (Henry) 37V'2c iquar.) Corp. Co. Fund, Gibson pfd. 3 3-11 93V+C iquar.) stock com. 1 25c 3.65% 3 4- $2.50 Gamble 3- 2-22 25c (quar.i Company, SI 50c , iquar.)_ Supply 6% J.) 3-15 1 50c Inc.. common Securities Glassine Dentist's General (H. 4-17 4- & share 4- 75c (quar.) (quar.) Corp. Mining Co. 4- 50c Quarterly 25c preferred Co. 5-15 45c $1.12'/a Corp. Delaware $4.25 Furniture 3-31 25c Mills, Dayton Malleable Iron, General non-cumulative Haverty Holt $1.31 VV common____ Stores. Hosiery 2-16 $1 2-24 €2'/ac (quar. ) Chemical 2-20 2-22 iquar.) 3-15 30c (quar.i iquar.) 3-15 '$4.50 3-31 25% (quar.)___ Door Va tl2V2c 3-15 37'/aC iquar.) Corp., Procter 2-20 2-ia 50c Bolt Corp. Ltd Co., Lambert, 2-20 iquar.) 30c 6 & 4 $1.50 Co 2-20 Hiawatha Oil & Gas Co., 5% cl. A pfd. (quar.) Hinde & Dauch Paper Co. of Canada, Ltd.— 3- Pratt River 2-20 3- Chocolate Steel Food $4 3-27 1— common Fisher Davidson 5'/i% Heinz 6 25c (quar.i Metallic Davenport common Co. preferred Daniels 5% Hecla 3- 25c Electric Chemical Gatineau 2-20 40c (quar.i. preferred preferred A Dahlstrom 6% 1 90c Corp Dan River Mills, 4% Hazeltine 3- 40c Cornell-Dubilier Foremost 2-20 10c Publications convertible Forbes & 2-20 1 25c (increased). com. Delaware..—_______ Foote 1 3-27 Pratt 3-17 $1.12'/a prior pfd. 25c Corp Continental Florida 2-28 3- $4 12Vic (quar.) Edison Copperweld Steel Class Tobacco, 3- 50c Powell 2-27 1 3-15 (special) $1.50 Nairn, Inc. iquar.) Continental Insurance Co. (stock dividend Payable on or about the dates shown Continental Oil Co. of 6% Hartman $3 3-10 3-10 3-15 (special) Ltd. $1.50 Congoleum First 9 3-31 4- 30c iquar.) Ltd. Bridge Co., 10c Discount Mills Class 3- Portsmouth & & +7c preferred Mines, 25c Commonwealth Title Co. (Phila.i, com. iquar. I 4% preferred (quar.) Finance 1 3-10 Screw Nut $12',2c partic. Hallnor Hamilton $1.12Va L Corp., preferred Commonwealth 5% $1 Planters $1.10 common 25c __ iquar.) common (quar.) Credit Commercial Federal 3 common 35c _ common Company, Commercial Erie 3-17 1 4- $1 Baking Co., common participating preferred iquar.) Participating Electric 3- 4- Pittsburgh 3-10 3-31 $1.25 (quar.) Co., 3-10 $1 (quar.) (quar.) preferred Brass 3-13 (quar.) 50c El 3-20 Co., Corp. $1.25 (increasedi__ Columbia El 2-28 1 RR.— (quar.i & preferred Edison 3-10 Utilities preferred 3-10 1 $1.25 (quar.) preferred, series A (quar.i Phillips-Jones Corp. (special) 3 1 3- Norristown RR. & 3?4 7<> 3 3- $1.75 iquar.) 3-24 $1.06% Engineering 75c A Utilities Colonial 6% $4.50 SI (quar.) (initial) Durez $4.40 3-15 2V2c Cleveland Quarries Co. (quar.I Colonial Acceptance, class A Detroit 3-15 1 2Vic Equipment Co., 5% 1 4- (quar.) Aircraft Extra (quar.i preferred iquar.) Cleveland-Cliffs Iron, common $4.50 preferred (quar.i 4 4- 10c 5'h Cowles 3-15 Gulf States (guar.) preferred 5% 1 $1.21 iquar.) Cincinnati Cone 4 preferred 4- $1.50 iquar. 1 $6 preferred (quar.) Philco Corp., common iquar.) 3-20 4- preferred-- Holder* Payable of Red. & Gear Co.— preferred Co. 3-10 25c Guantanamo Sugar Co., $5 preferred Corp.— _• Co., class A preferred Conde (quar.) common 25c Common $6 Corp., 4 Va % 39 $1.50 Perkins Machine 7% When Share Corp., Philadelphia, Germantown 3-20 1 3 30c 2-15 3-24 1 444- 15c (quar.) 3-10 55c 2-20 $1.75 CorjJ. Die 1 $1.12V2 iquar.) Chicago Rivet & Machine Co. Chicago Rock Island & Pacific Clark ; iquar. 1 1 Hahn 1 30c 3- 4- 3- 30c common 4- 58%c Extra 4% preferred Greynound 50c 2-17 Company Telephone Philadelphia Co., $5 preferred (s-ai Co., Per Name of 2-17 3- 10c Greenfield Tap & 4V4% 2-17 1 1 25c ___ 1 3- 3- Co.— 25c iquar. i common America Chesebrough Mfg, Co. 5% Y. N. (initial) com. €0c (quar.i preferred new Insurance $1.50 lannual) Chatham Plains, Grumman (quar.i of $2 Co., Holdert $2.50 $20c ______ Light Co., Co. & Fire (787) Payable of Rec. $2.50 — (s-a) $37'/aC (quar.i Commerce Building Chamberlin 7% 3-30 2-24 Ltd.— preferred of 4-15 3-31 Ltd.— preferred B (quar.) Cascades Plywood Corp., common 3Va% preferred (quar.) Chamber R.) When Peoples is-a) preferred <W'. CHRONICLE Co.— Extra $75c Co., Insurance <s-a) preferred Eastern White $$1.12'/a 6'/r, Central 2nd Share Fire Western Sugar Special common preferred preferred junior Great Ltd.— 4% preferred (quar.) Canadian Wirebound Boxes, $1.50 class A (quar.) 6% Company Rutgers Grace plus Ry. Mills, 1st 5% $5 redemp¬ share (quar.) Co Natural Gas Western Carthage for per preferred Pacific Canadian 4-1 4-1 & Great Refractories, Canadian $25c above previously. Since the company entire April l dividends. Canadian the on however, on these 4Va% Name of Payable of, $5c dividend FINANCIAL Per Globe Extra & H older t Canners, Ltd.— convertible The When COMMERCIAL $Payable resident in tax not closed Canadian 15%; funds, resident income Jamaica for tax this 15% tax dividend. Canadian deductible non-residents' at the tax. Nofc-r source. 7%. tax. income 1 tax. ... ; 1 „ A 40 (788) THE General COMMERCIAL FINANCIAL & United States Gypsum Co. Corporation and Years Ended Dec. 31— 1949 Investment News sales Income from expand cubic cost of scheduled gas pipeline system by 250,000,000 daily total of 1,310,000,000 cubic feet. Esti¬ project is $118,644,000. A hearing in this docket day per to the to a March commence 7. The project would include a 303-mile main line extension see's system from the eastern terminus of the company's Ketnucky-to-Buffalo pipeline in Erie County, N. Y., New York-Massachusetts The state total miles San Salvador Field in Tennes¬ Texas approximately of authorized line or be¬ Buffalo, N. Y.; installation of compressor units aggregating 69,600 horsepower in existing or author¬ ized compressor stations and 42,000 horsepower in seven new com¬ pressor stations; construction of approximately 75 miles of lateval gas supply lines; and check and sales meter stations on the Tennessee The facilities during fall funds of and The from bank deliveries commence winter the 1952. resulting securities to expects company of 1951 and construction with operations complete to would financed be remainder the proposed the from the project by partly out of through sale of As originally proposed in the August application the Tennessee pro¬ ject would have increased the capacity of its pipeline system by 200,000,000 cubic feet per day, and would have cost an estimated $93,976,000.—-V. 171, p. 500. genii taxes —V. 170, shares of raise its part the stock. funds this that 14 competitive receive common of Feb. on will 1950, The needed company, bids is company by Texas 88,371,365 12,720,000 14,567,000 9,845,000 24,596,688 16,531,744 12,413,955 $13.51 $15.04 $10.00 $9.90 sh into value) shares class carry Oct. A 31, to in $1. It will annual $4 shares to sufficient stock. be convertible each $3 for non-cumulative shares share the on shares to up additional an March on the trustee has agreed to sell thd stock for a base price of $550,000-, increase by adjusted payments equal to the latter's Sept. 1, 1949, to the closing date. The purchasers from net are Utah. Upocureceipt immediate proceeds of the of distribution cash such the trustee proposes art Washington's bond-1 sale, rata pro among general creditors, of an amount equal to $8 per share of Southern Utah common (aggregating $504,100) in lieu of the stock distribution. The balance of the proceeds are to be turned over to holders" and A right a . , for SEC hearing for plan an Southern of plus scheduled city of Cedar City, Utah, and the Southwest Utah Power Federa¬ tion, a non-profit cooperative association organized under the laws of Utah, which has qualified for a loan from the Rural Electrification Administration for the purpose, in part, of acquiring the properties of an dividend, stock three of present class stock and carries The common preferential with the common year.—V. 171, p. 575. basis share. for been the will stock A has the SEC on Jan. York income outstanding) to for conversions class new the by New subject to non-cumulative until to $2 and non-cumulative as preferred Washington, V. to 170, for reorganized, as its corporate general purposes.—• 1539. p. in $2 Washington Water Power Co.—Earnings— Subs.)—Earnings- Years Ended Dec. 31— 1949 Oper. and exps. $1,559,592 $17,943,542 $16,708,245 1,166,778 14,419,692 13,079,174 $1,528,642 1.210,662 Operating revenues 1948 1949—12 Mos.—1948 • 1949—Month—1948 Period End. Dec. 31— United States Rubber Co. (& this stock to subsidiaries for the amend dividend, equally fiscal The cumulative share shares (397,010 provide preferential also for to plan According to the amendment, 62,910 shares of Southern Utah in Stock— proposal a (1) to as thereafter convertible on convertible common $3 and stock is into annual 1951, (2) order vote change each share of no par stock (249,743 shares out¬ of new class A convertible preferred stock increase the authorized common stock (no so 647,743 stock an stock and from will 8 and share one value), par of as incorporation participating standing) (no March on the to 6,/1950. reorganization of Washington, which was ap¬ 24, 1949, and by the U. S. District Court 9, 1949, the 62,910 outstanding shares of no par common stock of Southern Utah (as well as the new common stock of Washington) were to have been distributed in the ratio of 99.223% to holders of Washington's general mortgage bonds and 0.777% to its general creditors. However, the plan provided that, as an alternative, the trustee reserved the right to proposed an amend¬ ment to the plan providing for the sale of the Southern Utah stock and the distribution of the proceeds in lieu of the stock. in 8,030,000 22,165,608 . of ^ Under 9,434,838 12,226,867 sale in lieu of the' distribution of the mortgage bondholders and general Co. Power general ♦ amendment proved 13,678,028 Utah Washington's March on 20G9. of A par selling Utilities 86,281,714 56,402,921 Southern for providing reorganization in to creditors. Canadian stockholders class or about additional on 400,000 on 149,467,385 109,594,367 96,625,669 70,990,756 United States Leather Co.—Plans Change The any Light Stockholders- announced 20, in interest stock 15,534,412 p Power & was 562,354 j_ participate it sold__ Net earnings Earns, per com. About March 20—Shares Distributed Feb. 15 to American March 666,180 admin. & income.. on common Texas Utilities Co.—To Sell Additional Common Stock 522,649 392,562 A. Smyth, amendment to the the company's Nathan on Feb. 10 announced the filing by Reorganization of this company, of an SEC for plan ■ , 138,791,385 expenses Federal and 1,147,239 loans. 519,554 85,360,686 358,674 734,750 inc. The Trustee 21G;521 products certificate system. the of Selling, the and misc. Total income Cost authorized point on a line. program also involves construction of a of loop along Tennessee's existing 786.6 tween to of securities & _______ Amended— Washington Gas & Electric Co.—Plan 1946 1947 The the capacity of its natural feet mated is (net) 1948 137,838,114 148,555,269 108;405,538 Royalties (Continued from page 6) Monday, February 20, 1950 (& Subs.)—Earnings— , 'it $ Net CHRONICLE taxes ' i _ their construction ,000,000, amounting programs respectively, for to The of American company and sell, stock. at competitive According in to the will V. their be a 171, bidding, application additional providing them with of applied Light the to Co. of for shares 400,000 Power & Light & Co. distributed of no par Cost of proceeds, will $6,500,000 be stock of subsidiaries for the purpose of portion of the funds necessary for the carrying construction Each programs. transaction separate the of be to such investment, by covered however, applications.— future Porfit Other from sales to necessary that purchase the greater part of 26 new Constellations ings, plus borrowings.—V. 171, p. Interest funded on Adjustment group of dealers and The is company organization in under Foreign distributors Feb. 13 filed a reorganization Federal Court in Chicago, 111., possible for re¬ bankruptcy his /,„ new each of 60,000,000 as (Excluding delivered.—V. is cars accounts between the 1949—Month—1948 oper. $ from 1,983,383 rev. oper.__ 1,980,546 -___ Equip. joint & rents Net per 952,818 .___ from from 26,885,314 25,158,190 1,146,210 14,205,801 16,463,756 trans¬ portation operations oil operations 2,056,363 5,572,752 21,707,437 41,975,632 and 2,144,695 2,366,251 27,140,327 26,540,409 2,082,587 (net). 1,548,154 7,610,605 and other Total income__ 9,800,034 56,458,369 1,228,970 1,242,181 6,868,642 74,315,440 7,025,847 8,571,064 Rixed and other chgs.__ 5,970,768 income from 4,728,587 49,589,727 accrual States Steel Corp.—Number of Stockholders— (1) in earned 1949 payable 1948. tlncludes overaccruals. credit tExcludes of $8,066,292 Federal for income adjustment of E. orders Diesel 35 Will be built by the Deliveries of both of five and 25 to classes will 171, 10 announced cost p. switchers. Division begin in of Period End. Jan. 31— and Corp. continue at a Preferred total A The Dec. shares, 31, 1949, stock against in names York State New 1950—6 Mos.—1949 $514,265 $1 ,636,543 $635,434 $3,634,963 281,789 324,047 434,885 660,915 18,622 29,604 comparing with 2,314,278 brokers' in 46,322 names shares six in New months York Cr4,254 Cr68,669 A of shares 1,008,418 72,900 458,800 72,900 Income $215,307 $839,328 $157,714 outstdg.__ 558,000 550,000 558,000 $1,903,243 550,000 170, p. 345. PROPERTIES 1949—12 Mos.—1948 $933,569 $3,516,620 $3,647,784 $1.30 $1.09 $4.10 $4.26 preliminary statement of pro forma earnings gives effect of stock common owned by its petition Department former to city of New In York, 20 cash." The of the of . water properties is being made to effect compliance issued by the Commission. Proceeds divestment orders heretofore with of electors. the sale The Vice-President in it made known was opinion, page on Feb. the sale sions.—V. expected to be applied to property are 170, Operating p. Oper. ____ expenses.. rev. Non-oper. Co.—Earnings— 1949—12 Mos.—1948 $7,395,085 $31,438,647 $28,279,933 6,808,298 27,669,596 26,171,350 1949—3 Mos.—1948 $7,786,402 7,293,228 $493,174 2,785 $586,787 4,631 $3,769,051 10,034 $2,108,583 10,715 $495,959 $591,418 $3,579,085 416,430 438,497 1,753,145 $2,119,298 1,712,075 $79,529 income income $152,921 $2,025,940 $407,223 Judge Gross Net —V. income deductions Income income 170, 1958. p. ; 164, p. 3460. Western Maryland Ry.—Bids for Upper Peninsular Power Co.—Sale of Stock Expected West above.—V. Corp. 170, p. 1088. Equipments— will on Feb. 20 at 11 a.m. (CST) receive bids for the $2,460,000 equipment trust certificates, series N, dated March 15, 1950, to mature in 15 annual instalments on March 15, 1951 to 1965. The date had originally been reported as scheduled for Jan. The company of sale Soon—Hearing by SEC Feb. 21— Middle additions and exten¬ 2231. revenues Operating 15. Galston says, either a criminal "the the Angelo, Texas, for the consideration Df $4,887,272 in purchase by the city has been approver by the necessary Westchester Lighting this company and Roy of sales, in violation of "There seems to be a complete failure to prove conspiracy or a civil conspiracy. The government's whole case rests on the distribution of price lists to their customers (by Univis) but the correspondence shows that there was no widespread distribution, on the contrary, requests for large quantities of price lists were rejected and only a sufficient number were sent for use by members of the customers a San of vote residents of , company has notified the SEC of its proposal to sell water system of the company located in and adjacent to The , charge judgment has been dismissed by Judge Clarence C. sitting in the U. S. District Court for the Southern District Galston, Utilities Co.—Sale of San Angelo Water Texas West entire Charge Dismissed— adjudge 170, p. 2588. $4j601,972, respectively.—V. Properties Proposed— anti-trust 1950.—V. 171, p. 595. Virginia Gas Transmission Corp.—Facilities Authorized The Federal Roanoke natural Commission Power Pipe Line Co. to gas Estimated of cost Va., this corporation and pipeline facilities which will carry for the first time. area construction the authorized has to construct the Roanoke, is $12,500 for Virginia Gas and $596,800 for Roanoke. The Commission conditioned its order by requiring Roanoke to submit satisfactory plan for financing the project prior to the consumma¬ thereof. Wabash RR.—Interest and Dividends Declared— Atkinson, President, on Feb. 16 declared that the interest on the general mortgage 4% income bonds, series A, and the general mortgage 4V4% income bonds, series B, had been earned and author¬ ized payment thereof in full on April 1, 1950. the same meeting, the board determined that the full holders of a record March 31, dividend of $1 per payable on April V. 171, P. 699. 20, 1950, 1950, share to dividend payable on April 20, 1950, and the outstanding common stock* of record March 31, 1950 — on holders Wachusett Electric Co.—Stock Authorized— The to shares the of company its of Feb. on parent, capital New stock 13 received SEC authorization to issue and England Electric System, an additional 3,630 par), for $300 per share, or $1,089,000, ($100 proceeds of which would be used by Wachusett for the retirement 1,090,006 of indebtedness.—V. 171, p. Wisconsin Electric Power Co.—Earnings ! Consolidated common stock Higher— earnings of $1.89 per share of the 2,927,021 shares of outstanding are reported for 1949 for this company now and its subsidiaries, Wisconsin Gas & Electric Co. and Wisconsin Michigan Power Co. * 1 Earnings for 1948 were $1.86 per share of the 2,660,928 shares then outstanding, including 24.8 cents per share due to non-recurring reduc-l tions in income tax liability, according to G. W". Van Derzee, President of the companies. Consolidated net income for 1949 was $6,739,970. During the year the K. A. 1,046,243 , PRESENT $1,112,901 taxes Period End. Dec. 31— Justice Marks, Crl4,148 taxes__ OF changed conditions, The net income of the company for the periods ended Dec. 31, 1949 and 1948, before giving effect these changed connditions prior to Sept. 1, 1949, were $4,191,192 State before. 38,453 Cr70,211 EARNINGS 1949—3 Mos.—1948 share shares six misc. (net) above numbered 595. sell shares States $4.50 per share on the preferred stock had also been earned and authorized payment of $4.50 per share on the preferred stock to 14,480 income brokers' before. declared deprec. Depletion & depreciation Inderal Eastern of shares held in of -Earnings— 1950—3 Mos. —1949 and deductions in 48,440 10 units Motors General August includes power Profit from opers. before and ten in Holdings of common stock in States, other than ten Eastern States, and including the District of Columbia and the territories, totaled 11,220,333 shares on Dec. 31, 1949, comparing with 11,139,898 shares six months before. Preferred holdings in the same areas on Dec. 31, 1949, totaled 1,109,157 shares, against 1,105,201 shares, at June 30, 1949. At Ipterest Misc. income held totaled had placed This The 140. United Electric Coal Cos. (& Subs.)- depletion stock months a that it $4,875,000. terminal Electro-Motive month.—V. a Feb. on locomotives units power corporation shares, exclusive and tion Stoddard, President, for this 11,569,747 names, on prior taxes.- Orders 35 Diesels— passenger stock of common 1949 totaled 2,311,258 shares in (2) earned in 1948 and paid in 1949, compared with inclu¬ 1948 operating expenses of such allowances earned in 1947 and after per to and in 31, Common of ating expenses of vacation allowances Co.—Earnings— FORMA PRO Sept. 1, 1949 this company, by way of capital distribution, dis¬ posed bf certain of its properties known as the Sturgis Division^ On Nov; 1, 1949 it ceased to be a subsidiary of The North American Co. and will as a result be subject to increased Federal income taxesi against 2,424,659 shares on June 30, 1949. 67,289,593 $5,416,655 for estimated vacation allowances earned by employes in year 1949 to be paid in 1950 under agreements with employee organizations. This results in inclusion in 1949 oper¬ in income 12. — "■Includes Net Earnings all sources } months See Net $2.57b,446 West Kentucky Coal 171, p. 140. organization."—V. sources 2,786,440 210,000 140. Period End. Dec. 31— 5,799,399 Income from investments C6m. $8.48 share common Univis Lens Co.—Anti-Trust 80,900,417 116,179,916 115,843,910 34,840,293 stock these $ facility (net) inc. tlncome —V. 20,141,585 . foreign countries on Dec. 31, 1949, comparing with 1,025,831 shares six months before, while foreign holdings of preferred stock on that date totaled 25,825 shares, against 26,629 shares on June 30, 1949.—V. 171, 29,208,584*317,922,665 321,403,216 7,171,502 Net adj 12 p. $ 4,537.239 rate other 2,326,280 $5.62 and 14,757,417 1,656,028 1949—12 Mos.—1948 Federal income taxes___tCr4,556,09G taxes 2,567,759 Other 0 7,995,669 to an A. foreign income taxes before, the corporation announced today. Holdings of preferred stock by others than brokers in ten Eastern States totaled 2,419,389 shares, 36,380,086 398,823,082 437,583,132 *28,838,044 expenses 1741. p. companies) $ 33,375,283 revenues. oper. 170, (& Leased Lines)—Earnings— offsetting Period End. Dec. 31— Railway Railway pfd. to 171, p. comparing with 11,629,749 shares six months associates Union Pacific RR. years' —V. 15,100,072 New York brokers' plan provides for $25,000,000 in capital through issuance of B.% cumulative participating preferred stock, and $12,000,000 more through issuance of debentures to be purchased by dealers at the rate liaid and deval. currency Dec. on ; ■; $200 applic. Balance to income United on 2,590,412 210,000 / On 140. stock. 1950 inventories $3,715,051 270,242 333,752 for the period interest 758,279 Provisions for Federal —V. laws. Its President, Preston Tucker, recently were acquitted on mail fraud Charges in the $28,000,000 enterprise. The group plan filed on Feb. 13 by Theodore W. Miller, a lawyer, contemplates that present stockholders and dealers will finance the re¬ organized company and be in complete control through exchange of of seven sion rubber market capital requirements would be met by earn¬ ' gas 2,429,025 indebtedness natural of aft. charges Divs. income 44,513 $3,568,363 39,742,334 2,384,304 income and the plan with trustees of this corporation. J Net 2,207,665 27,806,325 Net 37,534,669 1,857,737 Holdings of Of 25,948.588 income Earnings Tucker Corp.—Dealers File New Plan— The products 13,678 $406,492 (net) income PRELIMINARY announced was and of 35,791 $353,771 $2,380,412 income $3,523,850 $392,814 63,417,591 p. 594. Transcontinental & Western Air, Inc.—May Borrow— A Other 61,078,313 expense common common a 430,412,775 471,072,403 sold $3,629,071 85,980 $317,980 revenue oner, Gross Net It goods Selling, administrative and general Net to Feb. 15, 1950. authority to issue on SEC Dallas Power were $ 517,439,676 572,024,663 sales Total invested out & Power 14 Feb. on $ $30,Net and 1951. f This company is the parent holding company Light Co., Texas Electric Service Co. and Texas Its present 4,400,000 shares of common* stock stockholders and $40,000,000 1950 paid $1,203,048 in dividends to its preferred stockholders $3,586,062 to its common stockholders. revenues of the company and its consolidated subsidiaries company and Operating for 1949 were $60,777,816, an increase of 3% over 1948. Operating expenses, including taxes and depreciation, aggregated $50,955,887, an increase of 2.3%. Provision for taxes amounted to $10,930,477 for 1949, or 18% of operating revenues, compared with provisions of $9,570,005 for 1948. Provisions for depreciation was $5,468,620 for 1949 and $5,153,785 for 1948. Non-operating revenues included $160,000 in interest received on the bonds of The Milwaukee Electric Ry. & Transport Co. Net income of the Transport company is not included in this report. Interest on funded debt amounted to $2,392,101 and $500,000 Was provided out of income for a special reserve for contingent loss on investment in the transportation subsidiary. Electric output of the company and its consolidated subsidiaries was 3,376,754,389 kilowatt-hours for 1949, an increase of 0.9% over 1948. Output for the fourth quarter of 1949 was 0.4% less than for the corresponding period of 1948.—V. 171, p. 398. 565. Yonkers Electric Light & Power Co. —Earnings— United Paramount Theatres, Inc.—Initial Dividend— The directors on per share on the holders of record Feb. declared 15 outstanding an initial dividend of 50 cents stock, payable April 20, 1950, 1950. Leonard H. Goldenson, President, said in part: "Under dividend the will remaining 50% on terms March of Waco Aircraft common the be Consent paid to holders will be deposited in of Judgment, certificates only of 50% of interest. Net sales loss —V. 1949 , $83,530 : after 167, p. 1948 Operating charges 1197. . 115,638 Oper. rev. The special account and will be paid interest upon conversion of such a $5,397,008 4,412,213 $5,059,008 > 4,164,668 $273,028 $331,750 $984,795 $894,34Q 329 268 2,220 2,160 $273,357 62,569 $332,018 $987,015 $896,500 68,346 252,570 271,167 $210,788 expenses Operating Non-oper. Gross Walgreen Co.—January Sales Off 0.9%— Month of January— Sales —V. 171, p. 231. , 1949—12 Mos.—1948 $1,520,042 1,188,292 $263,672 $734,445 $625,333 $153,992 148,342 1949—3 Mos.—1948 $1,488,743 1,215,715 revenues income income _ __ » the over to holders of certificates of certificates into common stock or upon their sale or other disposition.— V. 171, p. 140. Years Ended Sept. 30— Net to 31, Period End. Dec. 31— Co.—Earnings- 1950 Income income deductions „L_ 1949 $12,689,288 $12,801,474 Net —V. income 170, p. 1959. THE Number 4883 171 Volume COMMERCIAL STATE AND & FINANCIAL CITY CHRONICLE (789) 41 DEPARTMENT i BOND PROPOSALS AND NEGOTIATIONS ALABAMA Fallbrook Union School District, San Diego Jefferson County (P. O. Birmingham), Ala. Bond Offering—W. D. Kendrick, President will San County receive Commission, bids sealed until 10 a.m. (CST) on Feb. 28 for the purchase of $195,000 bonds, di¬ vided Sale—The Kindred price April 1 from 1951 to 1970 35,000 from inclusive. , ' elusive. - Dated tion April 1, 1950. Denomina¬ in¬ the County Treasurer's office, or at the First National Bank, Birming¬ ham, or at the Chemical Bank & Trust Co., New York City, at the option of the holder. $1,000. Principal and (A-O) payable at Offering—Mr. Additional sealed receive also will Ken¬ bids at the same time for the pur¬ of chase Dated March Denomination March refunding $86,000 warrants. 2%s. 1969 second Bank to inclusive. 1975 highest bidder National America of was payable office, Treasurer's in¬ County at the First or National ment Union on Trust Sch. Dist. of about $35,000 2.59%, were of America Savings Asso¬ follows: as 21/4s. Due as on 214 s. as Due March March on (P. 26,000 O. Diego), Calif. Sexton, County receive sealed bids until 10:30 a.m. (PST) on Feb. 27 the purchase of $1,409,000 building bonds. Dated March 30, 1950. Denomination $1,000. Due for 1951 from Prin. 1970 to int. and (M-S) 23/4s. Due as on 1 1 March 1 from 1961 to 1971 inclusive. Westside Union School District, Los Angeles County (P. O. Los Angeles), Calif. Bond Offering—Harold J. Ostly, County Clerk, will receive sealed bids until 9 a.m. (PST) on Feb. 21 for the purchase of $88,000 build¬ ing bonds. Dated March 1, 1950. City, at the option of holder. Legality approved York the Washburn, of Hoyt & City. Reed, by New York Gordon, Ark. Sale—The $20,500 hospi¬ Bond Crawford Lincoln Sch. San Joaquin Dist., to Columbus, Ga. Offering—J. A. Willman, City Manager, will receive sealed Bruce & bids until 11 A. M. 28 $15,000 City bids until 8:30 sealed receive will Clerk, (CST) p.m. on from The purchase of $35,and swimming pool bonds. Dated April 1, 1950. Due on April 1 from 1953 to 1977 shall bonds The inclusive. 1 be second highest bidder National America Los Bond Sale—The Union bonds offered 700—were Feb. 14—v. awarded was football vertible, at the option of the pur¬ chaser, into bonds bearing a lower rate of interest, on such terms that shall receive therefor and the City thereon substantially the same as upon the bonds sold at the price and interest rate bid, which shall pay than par for bonds interest at a rate not to exceed 3V4%. The converted bonds shall be in the denomination not less be bearing of the $500 each and the interest on converted bonds shall be at Legality approved only. rate one by House, Moses & Holmes. CALIFORNIA Union Bellevue County Santa Rosa), California Bond Offering—Walter H. Nagle, County Clerk, will receive sealed bids until 11 March 13 for $124,000 April 1, a.m. the of building bonds. Dated Denomination $1,- 1950. 1951 to Principal and in¬ Due on April 1 from 1971 inclusive.. (A-O) payable at County Treasurer's office. terest Cloverdale Sch. . Union bonds 596 — were Feb. awarded to bid reflecting a Blyth a & basis of about 2.19%. highest bidder The second Bank was of America National Trust & Savings Association, San Francisco, for $299,000 as 2V2S, at a price of 102.29, and $425,000 as 2y4S, at a price of 100.06. to 400,000 171, for the lows: as fol¬ . p. basis of about 2.30%. highest bidder & Co., for R. S. Dickson was 2%s, The second at price a trict bonds. Due from 1951 to 87,000 Kentfield bonds. to Due 1975 April on 1 1975 inclusive. School on District April 1 from inclusive. Madison County Housing Authority, III. Sale—The $570,000 11th Treasurer's office. Tulare street from Dated (P. O. Sale—The $40,000 Wood- ville Sch. Dist. bonds offered Feb. 7—v. 171, p. 700—were awarded Park light bonds. Due 1951 to 1980 inclusive. Feb. 1, 1950. Denomina¬ dike, Palmer & Dodge, of Boston. Spaulding County (P. O. Griffin), Georgia Bond Sale—The $100,000 hospi¬ tal bonds offered Feb. Offering City ceive sealed ing site 1 clusive. 14—v. and Southern National both of Atlanta, 171, Bank, jointly, at 112.88, basis of about 1.95%. highest bidder was The sec¬ J. W. Tin- Co., and Milhous, Martin Co., jointly, at a price of 112.26. ILLINOIS Chicago, Offering bids 28 $13,600,000 until for will the coupon 1 from and Feb. on 24 $346,000 sani¬ tflood $1,000. drainage 1, 1950. Due 1952 to 1970 Bond at such Con. Sch. Dist., Iowa Sale—The $50,000 build¬ ing bonds offered Feb. 14—v. 171, p. 701—were awarded to the White-Phillips Co., of Davenport, as 214s, at a price of 101.24, a basis of about 2.12%. highest bidder The second Wheelock was & Cummins, Becker & Crownie, and Quail & Co., jointly, for 214s, at price of 102.23. a Dubuque, Iowa Bond O f f i g—Edward M. Tschirgi, City Treasurer, will re¬ ceive e r sealed n bids until 10 a.m. (CST) on Feb. 25 for the purchase $25,500 Cherry-Green Street of Sewer Dist. Spec. Imp. bonds. Dated Feb. 2, 1950. Due on April 1 from 1953 to 1960 inclusive. Principal and interest (A-O) pay¬ able at the City Treasurer's office. M. Iowa (State of) Bond Offering State J. M. Grimes, — .Treasurer, will sealed bids until 10:30 in¬ March on interest bank or and on IOWA bonds. Dated Jan. from payable cil. 9 receive (CST) a.m. for the, purchase of service compensation $8,750,000 bonds. Dated Dec. 2, 1949. De¬ $1,000. Due from 1964 nomination to 1968 inclusive. Interest J-D. City Coun¬ by Chap¬ & Cutler, of Chicago. Legality bonds, divided 1951 to 1966 in¬ nicipal Feb. building Jan. from 1 sewer 1, 1947. 1951 to bonds. Due 1966 on in¬ clusive. 5,000,000 $385,000 mu¬ bonds offered Blyth & Co., of Chi¬ to super-highway 1, 1947. Due Jan. 1 from 1951 to 1966 in¬ 3% voting machine City, is publicly offer¬ issue of $186,115.53 inter¬ improvement bonds. Dated nal p. second an Feb. Due highest bidder was Mer¬ cantile-Commerce Bank & Trust Co., St. Louis, bid reflecting net interest cost of about 1.51%. a on a 1, 1950. Denomination $1,000. $1,000, except one for - $1,115.53. Principal and interest (F-A) payable at the State Treas¬ urer's tion for 2 Dated 7:30 the bonds. March to 1, 1950. Denomina¬ Due on Dec. 1 from 1969 inclusive. Principal and interest (J-D) payable at such bank or trust company in Chicago as may be mutually agreeable to the purchaser and INDIANA Eminence, for the purchase of $32,000 build¬ ing of 1950 bonds. Dated Feb. 1, Denomination July 1 from clusive. $1,000. 1951 Interest to J-J. 1967 Due in¬ Legality approved by Ross, McCord, Ice & Tell Bond aid City, Ind. Sale—The 1950 bonds Bond Offering son, $34,000 offered school Feb. 15 awarded to the ceive sealed (CST) chase March on of for p.m. the pur¬ $150,000 school building Denom. $1,000. from 1951 to bonds will whole or be in Due 1970 on 1949. April 1 inclusive. redeemable The as a in the inverse order of their numberings. Legal¬ ity approved by Woodward, Hobson & Fulton, of Louisville. part Evangeline Parish, Gravity SubDrainage District No. 1 (P.O. Ville Platte), La. Bond Sale—The $190,000 public bonds offered Feb. 14—v. 171, p. 142—were awarded to a syndicate composed of Felix M. Rives, of Shreveport; Walter, Woody & Heimerdinger; Fox, Reusch & Co.; Seasongood & Mayer; Weil, Roth & Irving Co., all of Cincinnati, and A. M. Smith-Wood Co. of New Orleans, on a bid reflecting a net interest improvement cost about 3.06%. a 1 8 re¬ 2 bonds. Dated Oct. 1, 000. Jan. until revenue highest bidder and Associates, on Linville Jack¬ bids City Securi¬ ties Corp., of Indianapolis. Dated Feb. 15, 1950. Denomination $1,Due — County Court Clerk, will LOUISIANA Offering—Cyril E. Rich¬ Secretary Consolidated School Board, will receive sealed bids until 8 p.m. (CST) on Feb. 28 on County (P. O. Winchester), Ky. Ind. Bond ard, approved Weigand, KENTUCKY M. coupon Legality Stanley, Clark (CST) on purchase of $2,- building $1,000. 1951 P. office. Depew, Hook & Curfman, of Wichita. Bond Offering — Murrell G. England, Secretary of the Board of Education, will receive sealed until Aug. 1 from 1952 to 1960 on inclusive. by Winnebago County School District No. 205 (P. O. Rockford), III. were bonds. Dated Jan. 1, 1948. Due on Jan. 1, 1968. Optional at Kansas ing 171, Miller, of Indianapolis. 114 % of 501—were 13—v. cago, on a bid reflecting a net interest cost of about 1.51%. The 1950. 1V2% Jan. Eastborough, Kan. Bonds Publicly Offered — The City National Bank & Trust Co.; Pekin, III. receive (CST) purchase of KANSAS approved Sale—The a.m. clusive. 6,000,000 1,600,000 P. 5 J. H. Dillard, 10 $1,000,000 1%% playground bonds. Dated Jan. 1, 1947. Due on on (CST) bonds. Dated March Bennet W. Legality approved by Chapman & Cutler, of Chicago. follows: Jan. a.m. sewer 1950 re¬ the District. III. — Comptroller, Feb. tary trust company in the State as may be mutually agreed upon between March on were will until Principal 515,000 Bond 11 Denomination Trust Charles — Clerk, bids coupon Jan. on J. H. Hilsman & Co., and the Citi¬ & until 1, 1950. Denomination $1,000. Due bids & Lafayette Conservancy District, Ind. for the purchase of (CST) ■ on Feb. 21 for the pur¬ chase of $300,000 municipal build¬ 596—were awarded to Johnson, Lane, Space & Co., of Savannah, dall Le¬ Bond Offering—The Boaijd of Directors will receive sealed bids Ridge, III. Bond p. ond 14 Bessemer Richards, Bond improvement $1,000. Principal and interest (F-A) payable in Columbus. Le¬ gality approved by Storey, Thorn- a the to from Due clusive. Visalia), Calif. Bond bonds. tion zens West Co., of Jersey City, at 0.84% inter¬ est. Dated March 14, 1950. Due on March 16, 1951. man bonds. Dated Jan. County Sch. Dists. Note awarded Dated 1, 1950. Denomina¬ Principal and interest payable at the County inclu¬ of 100.51. 1980 inclusive. street 100,000 as $132,000 San Anselmo School Dis¬ (A-O) Francisco, on net interest cost of about 2.22%. divided bonds, bonds. 1980 inclusive. sealed 6 to bonds. Due from 1951 to 1980 City (PST) on March purchase of $219,000 stadium 1951 sewer 1951 bids until 11 a.m. 1980 inclu¬ to 1980 inclusive. 300,000 Sch. Dists. (P. O. San Rafael), Calif. Bond Offering — Geo. S. Jones, County Clerk, will receive sealed Schwa- bacher & Co., of San a were Dated April County 14—v. date tion $1,000. Sale—The $121,000 school offered to same on bonds. inclusive. the purchaser and the 1951 & syndicate composed Co., of Los Angeles; R. H. Moulton & Co., of San Fran¬ cisco; Security - First National Bank, of Los Angeles; American Trust Co., of San Francisco; Wil¬ liam R. Staats Co., of Los Angeles, and Redfield & Co., of Pasadena, as 214s, at a pihce of 100.58, a of 1951 Elementary Sonoma Dist., the (P. O. Santa Rosa), Calif. Bond awarded building on (PST) purchase 000. offered to sive. Marin County Sch Dist., Sonoma O. (P. bonds Due 200,000 hospital bonds. Due from — by the purchaser, but con¬ bonds. stadium 1951 Due from order at any cified Municipal Bond Corp., of Cincinnati, and the Channer Se¬ curities Co., of Chicago, jointly, as 2%s, as a price of 100.71, a (J-J) 100,000 171, p. inverse numerical Co., of San Francisco, as 214s, at a price of 100.01, a basis of about interest paying date 2.24%. at par plus accrued interest after Additional Sale The $425,000 April 1, 1953. Bonds will bear in¬ City School District terest at one rate only to be spe¬ Compton di¬ sive. Dow¬ Weeden to baseball Due from District School auditorium 150,000 Trust $299,000 High bonds, follows: from 1951 to 1980 inclusive. Angeles County School District (P. O. Los Angeles), Calif. ney registered or as $750,000 1954 to 1960 inclusive. of (EST) on Feo. of $2,000,000 the purchase vided in callable for coupon Savings Association, San Fran¬ cisco, for $50,000 as l%s, at a price of 100.05. park public Due on April 1V4S. as fj;om 1951 to 1953 inclusive. as l3/4s. Due on April 1 March 14 for the 000 cinnati Bond 35 000 Bank , Bond Sale—The $140,000 build¬ ing bonds offered Feb. 13—v. 171, p. 596—were awarded to the Cin¬ 1968 inclu¬ County (P. O. Stockton), Calif. Bond Sale—The $50,000 school bonds offered Feb. 14—v. 171, p. 700—were awarded to Heller, 1960 by Ross, McCord, Ice & Miller, of Indianapolis. County School Dist. No. 23 (P. O. Prospect Heights), III. on GEORGIA to Cook awarded 1951 Due 1951 Jan. 1 from 1952 to 1971 inclusive. Interest J-J. Legality approved holder. payable at the County .Treasury. $1,000. March 1 from & McGehee, Ark. Bond Offering—Ruth M. Willis, York from gality aproved by Ross, McCord, Ice & Miller, of Indianapolis. City, at the option of Legality approved by Chapman & Cutler, of Chicago. the rington, of San Francisco. of Inc., Laaford, & New Series notes offered Feb. tal bonds offered Feb. 10—v. 171, p. 39tl. — were awarded to Hill, Little Rock, as 3.14s. respec¬ interest sive. Principal and interest <M-S) Co., of San Francisco, at price of 100.09, a basis of about 1.67%, as follows: ARKANSAS said Denomination at a & Trust Co., Chemical Bank New after the County's Treas¬ urer's office. Legality approved by Orrick, Dahlquist, Neff & Herpayable National Bank, Birmingham, or at the date $1,000. Principal payable at the City Treasurer's office, or at the office of the fiscal agent of the City, in from 1951 to 1957 inclusive. 9,000 in 1, as Denomination and date same & $70,000 ciation, of San Francisco, on a reflecting a net interest cost will 30 1 bid Bond Sale—T. H. March Rivers Jan. tive dates. Sale—The bonds offered San Clerk, March on interest on $100,000 in 1955, $300,000 in 1956 to 1958, $400,000 in 1959, and $200,000 in 1960, or on any interest pay¬ from 1961 to 1970 inclusive. Additional High Sch. Dist., County Diego 2%s. Due as accrued follows: 1 from 1958 to 1960 inclusive. Union inclusive. interest the at San on on 1970 and Grossmont March on awarded to the Bank Due on March 20 Savings Association, San Francisco, for 2V4S, 2V2S and 2%s, at a price of 100.04. 1950. 15, to 1951 Principal (M-S) 1951 to 1968 inclusive. as road Due $1,000. from 15 clusive. the March 20 on Trust & terest drick The 20,000 Three 2V2S.' Due from 53,000 refunding bonds. Due on April 1 from 1951 to 1970 in- awarded to Barcus, follows: as 2V2S. Due as and par numerical order a from 1951 to 1960 inclusive. Co., of Chicago, at a 100.05, a basis of about as $45,000 $20,000 & of $142,000 refunding court house, jail and road bonds. Due on & Co., of San Fran¬ price of 100.01, a basis of about 2.68%, as follows: Diego), Calif. 596—were p. Weeden cisco, at $80,000 build¬ ing bonds offered Feb. 14—v. 171, 2.64%, follows: as Bond to County (P. O. and July 1 of was The John second Dane, bid reflecting net interest cost of about 3.07%. on a 42 (790) THE JE.i>angeline Parish Road Dist. No. 6 (P. O. Ville Platte), La. Bond ^ale—The $190,000 public Improvement bonds offered Feb. 14 awarded to Volz, Carswell Co., of San Antonio, on a bid were & reflecting interest net a Braintree, Mass. Note Sale—The notes enue awarded on reflecting bid a net a interest cost of about 2.96%. Jefferson Bond Offering Louisville), Ky. W. C. Brown, — ■Chairman, will receive sealed bids until 3 p.m. (CST) on Feb. 21 for the purchase of $14,000 improve¬ ment bonds. Dated Dec. 26, 1949. JDue Dec. 26 from 1950 to 1958. on Interest J-D. Legality approved by Grafton Wyatt, of Grafton, & JLouisville. Orleans New Sale—The $3,193,000 32nd ■Series notes offered Feb. 14 were awarded to the Chemical Bank Trust culosis & Co., of New York, and As¬ awarded 4950. der Notes feouse and V- 45—v. to jail bonds offered Feb. fcasis & Leary Barrow, at a Co., price of of about 2.32%, Mass. $300,000 mu¬ nicipal building, loan act of 1949 Feb. awarded as 2i/4s. second Jackson Hawkins Robert 1 was Rives, Walter, Woody & Heimerdinger, Provident Savings iBank & Trust Co., Cincinnati, Weil, Roth & Irving Co., and Fox, Heusch & Co., jointly, for $152,•000 as 2V2S, and $48,000 as 21/45, at a price of par, a basis of about .2.40%. Note & Sale—The the to Feb. Bond Boston, of 0.72% at Dated Feb. 15, 1950. 171, notes. Due approved Thorndike, Palmer & Bond on of Dodge, Lynnfield, Mass. Note Sale—The $250,000 school building loan, Acts of 1947 notes 16 awarded were & price of 100.46, a Offering—L. Bond Bernard, T. to Co., Secretary of the Police Jury, will sealed receive bids until 3 p.m. Note Offering—Harry W. Higgins, Town Treasurer, will receive bids in chants National until 11 nomination $1,000. April 1 on 1 from 1951 to 1970 inclu¬ Principal and interest (A-O) payable at the office of the Treas¬ urer of the Police Jury. Legality approved by Chapman & of Chicago. Cutler, MARYLAND Allegany County (P. O. for the Mer¬ the Bank, of Boston, (EST) a.m. March 8 for the pur¬ chase of $125,000 public improve¬ ment bonds. Dated April 1, 1950. Denomination $1,000. Due on (CST) of care Feb. on 16 purchase of $25,000 school building loan, Acts of 1947 notes. coupon Dated March 1, 1950. from 1951 Due to Becker & of Co., York, jointly, at a price a basis of about 1.97%, $105,000 3V2S. 1951 from 385,000 Due Due July on 1 760,000 2s. as Due July on 1 Olivet, Bond Sale—The $420,000 Feb. offered ■were ■& 8—v. awarded to 171, p. Walter, 502— Woody Heimerdinger, of Cincinnati, as follows: Note — Dated Sept. 1 from 1950 Principal and interest (M-A) payable at the Olivet State Bank, Olivet. Legal¬ ity approved by Miller, Canfield, Paddock & Stone, of Detroit. $1,000. Due 171, —v. Nov. National at 0.84% 7, 1950. discount. Due on - 1 from 31/2S. as 1951 to Quincy, Mass. The $750,000 notes 1951 to 1980 inclusive. Dist. 75,000 Cresaptown Due on bonds, Feb. 1 from offered Sciota Twp. Sch. Dist. No. 16 were awarded cost of about 1.99%. The second highest bidder was Paine, Webber, Jackson & Curtis, on a bid reflecting a net Stanwood Rural Sch. Bond $26,000 Housing Authority, Boston Sale—The Note Series $8,914,000 notes offered Feb. awarded as Mass. 97th 14 were follows: $2,500,000 purchased by Bessemer Trust Co., Jersey City, at , 0.84% interest. Bank & Trust Co., New York, and Dated Associates, at 0.85% int. March 15, 1950. Due on Aug. 11, 1950. Boston Note ICiley, Offering Chairman, to the Merchants — Boston, as lVfcs, 100.33, a basis of sealed bids until 11 a.m. 15 from 1951 *6;, 1950. Due on March 6, 1951. JLegality approved by Sullivan, Donovan, Heenehan & Hanrahan, •of New York City. to Bank, price of Feb. Note 171, the to p. notes 701— Merchants National Bank, of Boston, at 0.71% discount. The second highest tional was Bank, Rockland-Atlas Boston, at Na¬ MICHIGAN Detroit, City Bond Sale—The cial assessment Feb. 14 awarded Hutzler, — will Clerk, bids until 8 p.m. receive sealed (EST) on Feb. 20 for the purchase of $55,000 tax an¬ ticipation notes. Dated March 1, 1950. Due on Aug. 1, 1950. Prin¬ cipal and interest payable at the v. to 171, p. 701—were Salomon of New York, Donald-Moore & spe¬ Bros. and & Mc¬ Co., of Detroit, purchase of MINNESOTA Indep. Sch. Dist., Minn. serial issued are will be in the $750 each, the sum of the said serial bonds of will from the date of bonds they become payable on Jan. 1, 1951, and the sum of $750 will be¬ come payable on the same day each year thereafter until all of such bonds are paid. The bonds amortization will be serial or full in redeemable interest payment date from 10 years from the date any after of issue. NEW 1 follows: as Due bonds. system revenue March 1 from 1951 to 1970 on Redeemable in in¬ inclusive. numerical verse March terest ter at par plus for on or on any and accrued interest of 1% premium of % a for unmatured each fraction or order, in¬ payment date thereaf¬ 1, 1953, Note thereof, lin, nominations Due inclusive. 1975 to March 1 Redeemable in inverse numer¬ ical order, or on March 1, 1965, on at thereafter date accrued par and interest. general 267,000 sewerage, gation bonds. Due on in order, on or date obli¬ March inverse any interest pay¬ at par County (P. O. Dover), N. H. Offering — Thomas 1, 1950. Denomi¬ Principal and in¬ at a place to be designated by the purchaser. payable receive (EST) of sealed Mississippi (State of) $2,220,000 high¬ $195,000 notes. 1950. offered Feb. 16—v. 171, p. syndicate a until Dated Denomination $10,000. Due Legality noon Dec. on approved Thorndike, Feb. 187 1930r Storey, of by Palmer 6, $25,000 and & Dodge, Boston. NEW JERSEY 1 Bordentown, N. J. Bond Sale—The $15,000 funding bonds offered Jan. 4 awarded were Boland, Saffin & Co., of New York, as IV2S, at a price of 100.07, a basis of about 1.46%. 1, 1949. Due on Dated Dec. June 1 from 1950 to 1954 inclusive. Frankford (P. O, Twp. Sch. Dist. Branchville), N. J. Bond Seventeenth Series revenue, bids Feb. 21 for the purchase on Bond Sale—The way K. Davenhall, County Treasurer, will to interest. $1,000. terest Dodge, of Boston. Stafford 1, March Dated and $25,000. 1, 1950. Legality ap¬ nu¬ March on thereafter, accrued nation & mer 1975 inclusive. 1 from 1951 to Redeemable and payment interest any a.m. proved by Storey, Thorndike, Pal¬ Note on Pou- receive (EST) on $50,000 Dec. on ex¬ 312,000 water works general obli¬ O. Treasurer, will sealed bids until 11 year not Offering—Alfred City Feb. 23 for the purchase of $200,000 notes. Dated Feb. 23, 1950. De¬ ceeding 103. 1951 HAMPSHIRE Nashau, N. H. Sale—The $370,000 bonds5 offered 401 9—v. awarded were — Feb. composed of John Nuveen & Co., Saffin of to school 171, p. Boland, the Newton Trust Shields & Co., A. C. & Co., B. J. Van Ingen & Chicago, Allyn Co., all of New York, Stranahan, Harris & Co., Inc., of Toledo, Braun, Bosworth & Co., Inc., Roosevelt & Cross, of New York, of Jackson, Andrews & Wells,, Inc., of New York, Barcus, Kindred & Co., of Chicago, C. F. & Co., of New York, and Co., of Newton, jointly,, as 2.15s, at a price of 100.11, a basis of about 2.14%. Freehold Twp. Sch. Dist. (P. O. Freehold), N. J. Offering—Clifton T. Bar- West Bond kalow, District Clerk, will receive sealed bids until 8 p.m. (EST) on March 7 for the purchase of $100,000 school coupon registered or building site acquisition and im¬ Childs & Co., of New York, Rob¬ inson-Humphrey Co., of Atlanta, Stern Bros. & Co., of Kansas City, bonds. Dated Oct. 1, 1949. Denom¬ ination $1,000. Due on Oct. 1 from provement bonds offered Feb. Fahey, Clark & Co., of Cleveland, and Sale 171, P. J. The $2,400,000 15 598—were awarded to Morgan & Co. Inc.. of New National First York, National Boston, Bank of Com¬ Bank, of of Seattle, and the Citizens merce, and p. — Southern National Bank, of of 100.24, Grant a basis of about 1.04%. County (P. O. Elbow Lake), Minnesota Bond Offering — Auditor, County G. J. will Lynn, receive sealed bids until 2 p.m. - offered the both Denomination $1,nomination $1,000. Due on March $996,000 bonds $750 and Kingsbury & Alvis, Lewis & Co., City Treasurer's office. may of amount on 702—were awarded to Mich. If sold . Feb. 23 for $925,000 bonds, (CST) p.m. bonds March 1, 1950. Mich. 2 $50,000 City, entire issue may be single bond or divided of 20 years issue. and bonds Offering—Kate Scott, City 1965, (CST) on Feb. 28 for the purchase of $150.000 drainage coupon bonds. Dated 0.74%. Bond ment Offering—C. L. Anderson, sec¬ Boardu anc!l School Clerk, will receive sealed bids un¬ Agricultural Atlanta, jointly, as 1.10s, at a price $350,000 14—v. awarded inclusive. Mass. Sale—The offered were about 1963 Taunton, receive (EST) on Feb. 23 for the purchase of $8,100,000 4th Series notes. Dated March at a 1.45%. Dated Feb. 15, 1950. Due on Feb. Cornelius T. will National of bidder Housing Authority, Mass. water awarded riod whether merical cost of about 2.04%. —v. Note 45,414,000 purchased by Chemical were 1960 1, March Brookhaven, Miss. Dist., Mich. Sale—The Duluth Sale—The maturing in callable 1956. of about 2.08%. cost interest to Rockland, Mass. Note Bonds thereafter and from Bank, of Boston, at notes offered Feb. 9 clusive. 1 interest net a Bond MASSACHUSETTS to 1965 in¬ March 1 from 1951 ing bonds offered Feb. 14—v. 171, p. 701—were awarded to Crouse & Co., of Detroit, on a bid reflect¬ 0.73% interest. 1, 1950. on (P. O. Laingsburg), Mich. Bond Sale—The $89,000 build¬ ing the bonds the of Trustees of un¬ p.m. (CST) on Feb. 28 for purchase of $75,000 drainage bonds. Dated March 1, 1950. Due gation bonds. Due — Feb. First National 1975 inclusive. Dated Feb. Note Sale County the on Traverse $200,000 tax offered Feb. 8 597—were awarded to Bank, of Bos¬ p. First the The — 2 til inclusive. 1966 The anticipation notes ton, $345,000 Lavale Sanitary Dist. bonds, as 3y4S. Due on Feb. Sale Offering Clerk will receive sealed bids obligation coupon bonds. Sept. 1, 1949. Denomination Newburyport, Mass. bonds Le¬ County (P. O. Wheaton), Traverse bids until 7:30 p.m. (EST) on Feb. 27 for the purchase of $17,000 gen¬ eral serial several into $346,000 water works and sewage Mich. Cumberland), Md. Bond inclusive. 1953 to gality approved by Faegre & Ben¬ son, of Minneapolis. Village Clerk, will receive sealed De¬ disct. and choice ond If amortization bonds are sold bonds, as the Board determine upon at the time of sale, both principal and interest to be payable in semi¬ annual instalments during a pe¬ 1951 from Offering—Guy C. Adams, build¬ Principal and interest payable at ing bonds offered Feb. 14—v. 171, the Merchants National Bank, of p. 701 — were awarded to S. R. Boston. Livingstone & Co., of Detroit, on a bid reflecting a net interest cost Methuen, Mass. The second high¬ Note Sale—The $400,000 reve¬ of about 1.90%. nue notes offered Feb. 15 were est bidder was H. V. Sattley & Co., awarded to the National Shawmut on a bid reflecting a net interest Bank, of Boston, at 0.77% choice one divided from 1966 to 1980 inclusive. p.m. on the til from 1955 to 1965 inclusive. 8 March 8 for the pur¬ chase of $15,000 construction bonds. Dated Jan. 1, 1950. Amor¬ tization bonds will be the first (MST) issued, inclusive. 1954 to 13/4S. as Charles A. put into $1,000. 1 July on — until bids sealed ceive tion 1950. Denomina¬ Due on March 15 MISSISSIPPI as Offering Robinson, District Clerk, will re¬ on inclusive. 1955 to 171, p. 597— Halsey, Stuart Hornblower & Weeks, Van Ingen & Co., both J. B. New March on 14—v. G. A. Chicago, and basis a Lynnfield, Mass. sealed Feb. awarded were Day Trust Co., of Boston, as 1V4S, at Sale—The offered to Feb. $81,000 of purchase improvement orders bonds. (P. O. Belt), Mont. No. 29 Bond District County School Cascade Dated March 15, Bond $1,250,000 wa¬ supply system revenue bonds ter of about 1.09%. Parish Road District No. 1 (P. O. Port Allen), La. a the for Minnesota dis¬ Due Boston. offered to awarded Justad, Village Clerk, will receive sealed bids until 8 p.m. (CST) on March 100.01, Storey, by v. Minn'. Park, Offering—Joseph follows: 1950. 10, — Louis St. Muskegon, Mich. of (EST) Nov. on 11 Co., of Chicago, price of par. as Ardle, City Treasurer, will receive a.m. Feb. were — 4s, at Lynn, Mass. — Daniel J. Mc- the 597 p. as Note Offering sealed bids until 11 offered 1957, at interest if re¬ accrued Bond MONTANA redemp¬ or Faegre & Benson, of Minneapolis. street W. McNear & 15, 1950. Legality ap¬ proved by Ropes, Gray, Best, Coolidge & Rugg, of Boston. 000 bonds enue Nov. on and • $525,000 water supply system refunding and rev¬ rev¬ National First 101 if 1956 in made demption is made in 1958 or 1959, and at par and accrued interest if redemption is made in 1960 or thereafter. Legality approved by 6 Sale—The were 10 alley paving, and Twp. (P. O. Route 3, Plymouth), Mich. of $400,000 offered notes West Baton Rouge x and Leominster, Mass. Legality Felix M. sive. to Curtis, Feb. 21 for the purchase of $800,- Due on April 1 highest bidder & 171, p. Paine, Co., both of Boston, jointly, as IV2S, at a price of 100.18, a basis of about 1.48%. a from 1956 to 1965 inclusive. The were — 16—v. 1954. Livonia Sale—The Webber, and C. Fitchburg, follows: as as 3s. Due on April from 1951 to 1955 inclusive. 143,000 Feb. April 3, 1950. Bond 1953 Aug. on 1952, and $474,000 as IV4S, due on Aug. 15 in 1953 and 1954. of par, $57,000 . are on Bank, court 171, p. 502—were awarded Shreveport, discount. dated 14, 1950. Denomination $25,000 and $1,000. Due in 1V4S, due as is interest accrued Series S bonds: $474,000 as Is, due on Aug. 15 in 1951 and were National Shawmut Bank, count. $200,000 14 R and tion a Series sewer, 948,000 street Bristol Boston at 0.75% awarded Rayville), La. Sale—The Bond the to was enue (P. O. $24,000 County Trust Co., of Taunton, at 0.74% discount. The second highest bid¬ sociates, at 0.85% interest. Dated March 14, 1950. Due on Sept. 15, Richland Parish hospital 100.03, of bonds: $24,000 as Is, due on Aug. 15 in 1951 and 1952, and . $81,000 tuber¬ maintenance re¬ 701 Authority, La. Note Na¬ Sale—The Note price a $48,000 lateral 15 bonds offered Housing were Merchants newal notes offered Feb. County, Edgewood View Xload Dist. (P. O. 10 at Monday, February 20, 1950 CHRONICLE FINANCIAL & basis of about 1.15%, as follows: County (P. O. Taunton), Mass. The second highest John Dane and Asso¬ was ciates, the Feb. rev¬ Bristol about 2.83%. fcidder offered to jointly, $300,000 tional Bank, of Boston, at 0.71% discount. Due on Nov. 10, 1950. of cost COMMERCIAL 1 from bonds after tion on 1951 to 1965 inclusive. All maturing in 1960 being subject to in inverse or there¬ redemp¬ numerical order March 1, 1956 and any interest payment date thereafter, at 102 Wells & Co., of Chi¬ Herman Bensdorf & Co., of Mullaney, cago, Harrington Memphis, Jackson, Paul, & Kalman Newhard, St. Louis, Peters, & Co., of Co., of St. of Cincinnati, SodenCo., of Kansas City, Stifel, Nicolaus & Co., M. B. Vick & Co., both of Chicago, Cady & Co., of Columbus, and Meeks, Reddoch & Mayer, Zahner 100.03, price basis of about 2.08% a as at a follows: $160,000 from 161,000 in 1952 as as Due to 2y2s. 1954 507.000 Legality approved & . and 2V4S. on Aug. 1 1953. bonds 598 Due 1 on Aug. Due on Aug. 1 from 1956 to 1959 inclusive. 1,392,000 as 2s. Due on Aug. from 1960 to 1971 inclusive. were Saffia!"& 2.35s, at of New 15—v. awarded to 171, p. Boland, of New York, as price of 100.29, a basis Co., a of about 2.30%. New Bond Brunswick, N. J. Harry W. Offering — City will Clerk, sealed bids until 10 a.m. receive (EST) on for the 28 purchase of $300,000 parking improvement bonds, Dated March 1, 1950. Due on March sive. 1 Hawkins, York by Wood, offered Feb. —■ Feb. 1955. Principal Long Branch, N. J. Bond Sale—The $207,000 school Dwyer, 4s. as inclusive. 1969 City. of Memphis, of to interest (A-O) payable at the National Bank, Freehold, Delafield Cook & Co., of Writer & Chris- tensen, of Denver, Seasongood & Co., 1950 Central well, 1 from 1951 to 1970 inclu¬ Legality approved by Cald¬ Marshall, Trimble & Mit¬ chell, of New York City. * \ Volume Number 4883 171 Ocean Bond • Anthony Treasurer, will sealed (EST) chase of tered bids $264,000 provement 1950 E. — until March 3 on p.m. pur¬ front im¬ ocean coupon bonds, divided re¬ 2 the for gality Sykes, Due March 1 from 1951 to 1965 in¬ clusive. 104,000 Series B bonds. Due & on March 1 from 1953 to 1965 in¬ Saugerties, Hempstead, Franklin Square Public Parking Dist. (P. O. Hempstead), terest Treasurer's office. Legality ap¬ Caldwell, Marshall, by proved Truffle & Mitchell, of New York City. Ridgefield Bond Sale 9—v. awaraed J. N. 171, 503—were p. the to Fidelity Union Trust Co, of Newark, as 1.40s, at a price of 100.03, a oasis of about 1.39%. The second highest bidder J. B. was 1.45s, at Van Ingen & Co., for 2s, at as price of 100.42, a of about 1.94%. Hanover, Irving Fire NEW YORK end Glenvvle Central Sch. Dist. No. I (P. O. Offerin g—C. Bond District Burmaster, receive will 2 Archie York Bond Sale—-The $515,000 build¬ ing 1950 171, bonds Feb. ottered 15 702—were awarded to Trust Co., of Buffalo; Blair, Rollins & Co., Inc., and R. D. White & Co., New York, jointly, as 2s, at a price of 100.73, —v. p. Marine the basis of about a highest bidder Treasurer, sealed bids until (EST) on Feb. 23 for the purchase of $6,000 construction registered bonds. Dated Feb. 1, Denomination and $400. Due from 1951 to $600, Feb. on $500 from 1 N. Y. $alc—The $100,000 sani¬ tary sewer system 1950, Series A bonds offered 598—were Feb. 14—v. awarded to 171, p. Roosevelt & Cross, of New York, as 2y4S, at price of 100.67, a basis of about 2.19%. The second highest bidder w:.s Geo. B Oil ban* & Co.,. Inc., a "Chas. xuui jointly, We: gold E. far 2%s, at & price a Co., of 100.37. City Treasurer, sealed bids until 11 March New Junction), Sayer, District Clerk, will receive sealed bids until noon (EST) on Feb. 24 the purchase of $25,000 struction 1951 coupon con¬ registered or bonds. Dated Feb. 1 Due 1950. Denom¬ will receive March on with the purchaser. Legality approved by Hawkins, Delafield & Wood, of New York City. upon Livonia, Hemlock Water District (P. O. Bond County (P. Sylva), N. C. A. — Supervisor, A. 48,000 receive (EST) on Feb. 21 for the purchase of $78,000 water system construction coupon or registered bonds. Dated March 1, 1950. Denomination $1,000. Due on March 1, 1951 to 1989 inclusive. Principal and interest (M-S) payable at the Stewart Na¬ The notes. Feb. 23 Dated March 9, 11, 1950. Le¬ gality approved by Caldwell, Mar¬ shall, Trimble & Mitchell, of New York City. Sept. on gency and interest fered Feb. (F-A) payable at the National Bank of Hermon. Legalitv approved by Vandewater, Heckler New York City. Sykes, ■ h Galloway, ■ Delevan, N. Y. Treasurer, E. Jones, will 15 awarded were City, at 0.86%lnterest, plus a pre¬ of $32. Dated March 14, 1950. Due on Sept. 15, 1950. Bay, Massapequa Water (P. O. Oyster Bay), N. Y. District receive Bond sealed bids until 2 p.m. (EST) on Feb. 23 for the purchase of $10,- Town Offering—Harry Tappen, Supervisor, will receive sealed bids 000 on fire apparatus 1950 coupon or registered bonds. Dated Jan. 15, 1950. Denomination $1,000. Due on 1950 from to 1959 inclu¬ Dec. 15 sive. Principal and interest (J-D) payable at the Bank of Delevan. Legality approved by J. Milford Newman, of Arcade. Dewitt Water offered were District $6,500 Lyndon 171, Greenville, New ville of Syracuse, as 2s. Durham, Coxsackie, Cairo, Coey- receive sealed bids until 2:30 p.m. (EST) on Feb. 24 for the purchase of $330,000 construction coupon or registered bonds. Dated Oct. 1,1949. Denom¬ Due on Oct. 1 from inclusive. i, March Principal and interest (A-O) payable at able at Trust the on 1950. Denomi¬ North Shore Co., Oyster Bay. Legality by Vandewater, Sykes, Heckler & Galloway; of New York City. the Dist. No. 1 (P. O. Aver ill Park), N. Y. Bond ing Sale—The 1950 171, bonds follows: Feb. 15 702—were awarded to Trust Co., of Buffalo; R. D. White & Co., and Charles King & Co., both of New York, jointly, as 2.10s, at a nrice of 100.77, a basis of about 2.03%. The —v. the p. Marine second highest bidder was Offering Due March on as 4s. Due 1 March 011 as 214s. Due on Salo- bids until Dated Jan. 1, 1950. pay¬ Sale The — as The l%s. second Vance Due 1974 to on highest bidder Securities to Ryan, Sutherland & Co., of Toledo, as l%s, at a price of 100.34. bidder 2s, at The second J. A. White & was highest Co., for price of 100.90. a Bond J. a Sale — The $8,800 sewer 171, A. p. White l%s, at as & offered Feb. Co., of Cincin¬ price of 100.59, a basis of about 1.64%. Massillon, 1 was Greens¬ boro, and J. Lee Peeler & Co., jointly, for $20,000 as 6s; $18,000 as 2s, and $57,000 as 2y4s, at a price of 100.03. 171, Jamestown Indep. North Sch. Dakota Sale—The $230,000 build¬ ing 1950 bonds offered Feb. 14— v. 171, E. J. p. 598—were Prescott awarded to & Co., of Minne¬ at a price of basis of about 1.88%. The second highest bidder was Ailison-Williams Co., for 1.90s, at a apolis, 100.14, as OHIO offered 503—were Co. will 1 receive Bond Feb. sealed bids until (EST) on March 9 for the purchase of $60,000 construction coupon bonds. Dated Jan. 1, 1950. Denomination $1,000. Due on Oct. 1 from 1951 to 1965 inclusive. Principal and interest (A-O) pay¬ able at the Commercial Sav¬ and ings Banks, Millerburg. Cincinnati City Sch. Offering koetter, the Jr., Board of sealed — Dist., Ohio Wm. Mieten- Clerk-Treasurer Education, will bids until 2 of re¬ p.m. pur¬ cou¬ or registered bonds. Dated May 1, 1950. Denomination $1,000. Due on Sept. 1 from 1951 to 1974 inclusive. Principal and interest (M-S) payable at the Irving Trust Co., New York City. Due Cleveland Heights, Ohio Sale—The $300,000 sewer, A bonds offered Feb. 15 (P. O. P. Ollon, Education, of sealed bids until Oct. on 1 from 1951 1973 to inclusive. Principal and interest (A-O) payable at the First Na¬ tional Bank, Clarington. SufHeld Local Sch. Dist., Ohio Bond . Offering—O. C. Shanafelt, of the Board receive of sealed Education, bids until 8 (EST) on Feb. 25 for the purchase of $180,000 construction p.m. bonds. assessment Feb. 10—v. awarded wa¬ bonds 171, of¬ 402— p. the to Dated Jan. nomination inclusive. 15, 1950. Due on $1,000. 15 and Nov. 15 from 1951 De¬ May to 1970 Interest M-N. University Heights, Ohio Bond Offering—Roy J. Madden, Director of Finance, will receive sealed bids until (EST) noon March 6 for the purchase of 000 sewer coupon Dated April Due 1965 on $175,bonds. coupon 1, 1950. Denomination on Oct. 1 from 1951 inclusive. Principal and payable at the Cleveland Trust Co., Cleveland. Legality aproved by Squire, San¬ ders & Dempsey, of Cleveland. (A-O) • Washington Local Sch. Dist. (P. Ot Alledonia), Ohio Bond Offering—Floyd Phillips, Clerk 1 Municipal Bond Corp., of Chicago, as 23As, at a price of 101.15, a basis of about 2.62%. The second highest bidder was Pohl & Co., for 2%s, at a price of 100.26. of the Board receive of Education, sealed bids until (EST) on March 3 for the purchase of $40,000 construction apd equipment coupon bonds. p.m. Dated Jan. $1,000. to Denomination Oct. 1 from 1951 on inclusive. interest First 1, 1950. Due 1970 (A-O) Principal payable National Bank, and the at Powhatan Point. Waverly, Ohio Bond Sale — The $20,000 fire Muskingum Local Sch. Dist. (P. O. house and equipment bonds of¬ R. D. 2, Marietta), Ohio fered Feb. 11—v. 171, p. 599—were Bond Offering — D. D. Stacy, awarded to J. A. White & Co., of of the Board of Education, on March for 3 the noon 1950 Cincinnati, as 23/4s, at a price of' 101.14, a basis of about 2.60%. pur¬ of $85,000 building bonds. Dated June 1, 1949. Denomina¬ tion $1,000. Due on Oct. 1 from to 1969 inclusive. Principal (A-O) payable at the Banking & Trust Co., Marietta. Legality approved by Squire, Sanders & Dempsey, of and interest Peoples OKLAHOMA Osage County Dependent Sch. Dist. No. 77 (P. O. Route 3, Ponca City), Okla. Bond Sale—The $16,000 build¬ ing bonds offered Feb. 7—v. 171, p. 599—were awarded to the First North Royalton Local Sch. Dist. (P. O. Brecksville, R.F.D. No. 3), Bond Sale—The $225,000 build¬ ing bonds offered Feb. 14—v. 171, p. 599 — were awarded to Fahey, Clark & Co., of Cleveland, and Ryan, Sutherland & Co., of Toledo, jointly, as 2y2s, at a price of 102.33, basis of about 2.27%. The second highest bidder was Otis & a Co., for 2y4s, at a price of 101.68. Peebles Bond School District, Sale—The p. 599—were Co. a second of Kansas, of bid reflecting a net tional highest Bank huska, on a Texas of bid reflecting net a County Indep. Sch. Dist. (P. O. Adams), Okla. Bond Sale—The $72,000 build¬ ing bonds offered Feb. 7—v. 171, p. 599—were awarded to the First National Bank Oklahoma & Trust 10— offered were Co., Okla. Sale—The Feb. 14—v. awarded to $27,500 bonds 171, p. 703— the R. J. wards, Inc., and Calvert & field, jointly, both as of City. Waurika, to Na¬ was Commerce, Paw- No. 88 Bond Stranahan, Harris & Co., Inc., of Toledo, as 2y2s, at a price of 100.88, a basis of about 2.41%. 1.44%. The bidder interest cost of about 1.46%. con¬ awarded on interest cost of about Ohio $116,000 struction bonds offered Feb. 171, Securities Wichita, Cleveland. v. Series to of Ohio (EST) on March 13 for the chase of $6,000,000 building Bond 9 awarded Sale—The $32,813.66 works (EST) p.m. Bond land Morrow, Ohio chase Miller, Clerk of the Board of Education, J. — Board receive to will receive sealed bids until Berlin Local Sch. Dist., Ohio Bond Offering—D. W. until p.m. will Clerk price of 100.14. Education, bids (EST) on March 2 for the purchase of $207,000 building and equipment coupon bonds. Dated Jan. 1, 1950. Denomination $1,000. 1.90s, a the of interest $125,000 100.43. were Bond bonds p. Ohio fered Dist., Offering $1,000. Columbus, as iy2s, at a price of 100.54, a basis of about 1.42%. The second high¬ est bidder was Braun, Bosworth & Co., Inc., for iy2s, at a price of ter NORTH DAKOTA Bond ~ Ohio Sale—The purchase v. Corp., of sealed — the 1978 inclusive. C. Cashman, Board Principal and interest (A-O) pay¬ able at the Peoples National Bank, Plymouth. will $17,631.50 street improvement bonds offered Feb. 10 v. 171, p. 599 — were 1 March the Denomination $1,000. Due on Oct. 1 from 1951 to 1956 inclusive. Clerk Fremont, Ohio Bond Offering—E. of (EST) on March 7 for the purchase of $18,000 construction coupon bonds. Dated Jan. 1, 1950. 1 sealed Village Local p.m. Willard United Bank, North Fairfield. Bond March 1 able at the 1 from 1962 to 1973 inclusive. from 1975 to Dist., Ohio receive will Education, 1 p.m. (EST) on March 6 for the purchase of $126,000 construction bonds. Bond Clerk will of from 1951 to 1955 inclusive. 12,000 1951 Interest J-D. Sch. Adah Parker, — Board receive nati, 6s. 1, 1950. De¬ Due on June from 1 Plymouth Clerk 598—were awarded as pon $450,000 build¬ offered Bond Fairfield), Ohio Clerk of the will Bank approved Sch. District Clerk, will 1978 Due July 1 from 1951 to 1970 in¬ Sand Lake and Poestenkill Central (P. O. Greenville), N. Y. Offering—Clarice Walker, to on clusive. 1 Bond ination $1,000. Due July 1 from 1951 to 1967 in¬ Dated North to ceive New Scottland Central Sch. Dist. No. 1950 follows: 109,500 Series B bonds. Feb basis of about 2.25%, as until Clarington), Ohio of par, $20,000 $1,000. Dec. inclusive. (P. O. bonds a bids River Local School District Fairfield Local Sch. Dist. 11—v. of - Westerlo, Rensselaerand purchase $43,000 Series A~bonds. offered (EST) a.m. nation $1,000, except one for $500. 702— Principal and interest (J-J) pay¬ Baltimore, mans, 10 the bonds p. awarded to the Lincoln Na¬ tional Bank, for clusive. Extension 14—v. Feb. until Ohio improvement $152,500 water main 1950 coupon registered bonds, divided as York Sale—The 21 Dist., Offerin g—The ClerkTreasurer of the Board of Educa¬ Inc., of Raleigh, and R. S. Hays & Co., of Durham, jointly, at a price or (P. O. East Syracuse), New Bond Feb. bonds 171, p. 702—were awarded to Kirchofer & Arnold Associates to mium Oyster Bond Offering—Alice Village of Co., Asheville, $56,000 as 2V2S, and 23/4s, at a price of 14—v. Note Sale—The $1,250,000 emer¬ the Bessemer Trust Co., of Jersey City Sch. Bond Principal and interest (A-O) 1 Rapids, N. C. Bond Sale—The $95,000 recrea¬ housing, Issue VII notes of¬ First Columbus awarded 25,000 $11,180,000 of highest bidder was Sweney Cartwright & Co., for iy2s, at a price of 100.21. from 1956 to 1961 inclusive. on price a 1.46 %. The second Trust facilities sealed Dated March and 503— p. Denomination $1,000. Due on Oct. 1 from 1951 to 1968 inclusive. Roanoke tion Sheets, Education, of (EST) on March 7 for the purchase of $63,000 construction Ohio Co. of 1 May on 171, v. — coupon 100.09. Authority, noon (EST) purchase of N & jointly, for $194,000 as Offering—Thomas J. Far- Due Due 10 1 May on As¬ second Bank rell, Chairman, will receive sealed 1950. Due 2%s. as 38,000 New York City Housing New York Feb. awarded to the highest bidder was John Nuveen & Co., and Wachovia burn, of New York City. Series May on from 1967 to 1978 inclusive. Bank of Livonia. Legality approved by Reed, Hoyt & Wash¬ the 2V2S. as 122,000 tional for Due to 1962 inclusive. from 1963 to 1966 inclusive. Annis, will sealed bids until 3 p.m. Note 2%s. 1951 Special 700,000 building bonds. follows: as improvement, $96,773.30 Columbus, as l%s, at 100.22, a basis of about 14—v. from receive 1 The — P. R. — p.m. Sale $1,- O. Sale—The $250,000 school $80,000 8 nomination will receive sealed bids until March 15 for the purchase of Series B bonds offered 171, p. 702—were awarded to Barcus, Kindred & Co., of Chicago, at a price of 100.03, a basis of about 2.70%, as Feb. for tion basis of about 1.34%. Livonia), N. Y. Offering Town of of Co., for $16,000 as iy2s, $9,000 as iy4s, at a price of Jackson 1 ination $1,000. Due on Feb. 1 from 1951 to 1963 inclusive. Principal ■ and cipal and interest (M-S) payable at the City Treasurer's office, or at such other place as may be agreed Inc., price Dickson & 1960 inclusive. Prin¬ to p. Raleigh, as 110.05, a basis of about 1.23%. The highest bidder was R. S. par, a Co., Offering (P. O. Ohio of the Board bonds. building, a.m. bids until York Bond Offering—Lillian T. for 1950. 1, 171, Kirchofer Associates, iy4s, at a & Bond Columbus, Ohio fered second Bond Bond Offering—Oscar A. Good- sell, to Otis was price of 100.43. a Bond were school 14—v. The second high¬ Harrisburg), 43 sessment Series No. 217 bonds of¬ $25,000 Feb. awarded Arnold 1962 inclusive. Prin¬ Kingston, N. Y. DeKath Union Free School District No. 20 (P. O. DeKalb & District Treasurer's office. was CrvtonGn-H udson, Bond a street Sale—The cipal and interest payable at the L94%. The second Smith, Barney & Co., and J, G. White & Co., Inc., jointly, for 2s, at a price of i00.47. to CAROLINA offered 702—were will bidder lM>s, at Bank, of price of par. County (P. O. Waynesville), N. C. Bond Clerk Pleasant Local Sch. Dist. & est Haywood bonds p.m. from BuHston Lake), New l%s, at as awarded to Braun, Bosworth Co., Inc., and Ball, Burge & Kraus, of Cleveland, jointly, as iy2s, at a price of 100.83, a basis were National NORTH District (P. O. Irving), N. Y. 000 Ballston, Clifton Park, Charlton $5,000 equip¬ awarded (791) of about 1.39%. Y. 598—were p. Kingston, basis a Feb. 21 for the purchase of ; The — Roundout ^ (EST) on $165,general improvement 1950 coupon or registered bonds. Dated price of 100.15. a 171, the 171, p. 702—were awarded to Roosevelt & Cross, of New York, 1950. $170,000 im¬ 1043 toads offered provement of Feb. Perk, The -- Bond Sale N. v. Principal and in¬ payable at the City (M-S) CHRONICLE ment 1950 bonds offered Feb. 15— v. $75,000 parking field 1950 bonds offered Feb. 14— Dated March 1, 1950. Denomina¬ $1,000. York New clusive. tion FINANCIAL Le¬ City. Bond Sale—The on & mon Bros. & Hutzler; B. J. Van Vandewater, Ingen & Co., and Ira Haupt & Co., Galloway, of for 2.10s, at a price of 100.76. by Heckler New York follows: $160,000 Series A bonds. approved regis¬ or as COMMERCIAL First National Bank of Cairo. City, N. J. Offering Imbesi, City ceive THE of 2s, at Oklahoma a price of Ed¬ Can-' City, par. 44 (792) THE OREGON Forest Grove, COMMERCIAL Ore.. Bond Coos Bay, Ore. . Bond Sale Details—The $205,000 system general obligation bonds purchased by Blyth & Co., of Portland, and Associates, at ©8.91, a basis of about 2.48%, as previously noted in v. 171, p. 599, water sold were follows: $100,000 as Feb. 1 from 1956 to as 2%s, due on 1965 inclusive, and $105,000 as 2%s, due on Feb. 1 from 1966 to 1975 inclusive. Lane County Scool Districts (P. O. Prineville), Ore. lows: school dis¬ trict bonds. district school bonds. County Sch. Dist. No. 6 (P. O. Route 1, Box 153, Roseburg), Ore. Bond Offering — Marybelle Beckley, District Clerk, will re¬ sealed ceive (PST) bids until 7:50 p.m. March 1 for the pur¬ $26,000 school coupon bonds. Dated April 1, 1950. De¬ nomination $1,000. Due on April of 1955 from "I inclusive. 1967 to Principal and interest payable at $he County Treasurer's office, or «tt the fiscal agency of the State In New York City at the option of •the purchaser. Dundee, Ore. Bond 19 who during World War II. 100.12, $270,000 2V2s. as 1951 from 230,000 Dated April Denomination $1,000. «rm Due to 2%s. as The inclusive. Note Ore. the to Prineville, Ore. 171, the p. National Bank, of group urer's Trust Co., of New by Winfree, McCulloch, Shuler & Sayre, of Portland. 2), Bond vSale—The 171, v. BAILWAY COMPANY Dividend Notice of the meeting Directors Board of Pacific Canadian of 703—were p. Stuart Halsey, ly, l%s, at as awarded basis of about 1.53%. Phelps, to on 31,1950, to Shareholders of record 24, 1950. at 3 p.m. on February The Directors point that while there has been a slight in¬ crease in net earnings from rail operations for the •earnings year The second out 1949 these Sale—The dividend. The dividend paid is attributable sole¬ ly to the Company's income from sources. Bethlehem Note FREDERICK BRAMLEY, Sale—The Secretary. $876,000 Series notes offered Feb. 14 Chemical Bank & •' ■ City sealed bids Union noon $125,- 000 Dated improvement bonds. March 1, 1950.. Denomination Davison Chemical Corporation has declared a quarterly dividend of Thirty-seven and one-half cents ($.37y2) per share on its capital stock, pay¬ able March 31, 1950, to stockholders of record at the close of business March 10, 1950. M. C. Roop, Baltimore 3, Secretary Md. February 16, 1950 Due 000. March on inclusive. 1960 1, 1951 Interest $1,to M-S. Legality approved by Townsend, Elliott & Munson, of Philadelphia. and offered 9—v. Feb. p. awarded to E. Hutton & Co.; basis of about The second highest bid¬ Harrison & Co., and Dol¬ a phin & Co.. jointly, a price of 100.65. for DAVISON CHEMICAL CORPORATION [ Co.; L. F. Poole March 1 from 1951 on l%s, at school 14—v. 171, p. College Science Building loan bonds. Due on as & l^s, to awarded at a price of basis of about 1.46%. highest bidder was Co., for l3/4s, at a Singer, of Pittsburgh, Scribner, 100.24, a The second R. C. Schmertz price of 100.75. (Commonwealth of) Sale—The issue of $375,series M veterans' bonus bonds offered on Feb. 16—v. 171, from 1 1965 to 1951 inclusive. Dated March by York Legality Sullivan, Donovan, Hanrahan, of New & Heenehan at the Gen¬ office. Treasurer's approved Principal 1, 1950. interest payable eral son, Offering — Mary Donel- Borough Secretary, will re¬ bonds Dist. Sale—The 1 2i/4s. as 69,000 until bids Feb. 27 for the pur¬ $100,000 hospital coupon 1955 Due inclusive. 1958 to De¬ March on such bank trust or 15 Dec. on Sale—The $470,000 water improvement 1950, Series R bonds offered Feb. 15—v, 171, p. 600— were awarded to Scott, Horner & Mason, of Lynchburg, at a price of 100.03, a basis of about 1.63%r as follows: $95,000 Due 4s. as March on 1 from 1951 to 1955 inclusive. 375,000 IV2S. as Due on March 1 second highest bidder Wheat & Co., was bid a interest net a on re¬ of cost 1.67%. Richmond Redevelopment and Housing Authority, Va. Sale—The Note Bank the to awarded 17th $1,327,000 Series notes offered Feb. 14 were National Chase Trust & Co., New York, at 0.90% interest. Dated March 14, 1950. Due on lSeptr 19i>0* pay¬ WASHINGTON may as Charleston. Bellingham, Wash. Bond Sale—The v. 144—were awarded to Co., F. S. Yantis & Co., of Chicago, and Grande & 171, Otis SOUTH DAKOTA Co., of Seattle, jointly, at a price 1.69%, as South Dakota Offering County bids The — 327,000 (CST) on March 8 purchase of $100,000 hos¬ 1 from Jan. on 1952 to Due on Jan. 1 IV2S. as Due on Jan. 1 from 1955 to 1962 inclusive. 138,000 Dated March 1, 1950. pital bonds. 3s. as from 1952 to 1954 inclusive. until 2:30 p.m. for the follows: $110,000 sealed receive will p. & of 100.002, a basis of about County (P. O. Faulkton), Bond $575,000 Library Building bonds offered Feb. 13— both Due Due Harrisonburg, Va. the Faulk 15, Dec. on 1951 to 1969 inclusive. com¬ be agreed upon by County Council and the pur¬ chasers to act as paying agent for the bonds. Legality approved by Sinkler, Gibbs & Simons, of pany McClung & VIRGINIA noon Dated March 1, 1950. at 171, p. Due 2V2S. as from about Principal and interest (M-S) able school 27—v. lows: flecting O. on from $70,000 offered Jan. $1,000 Walker, Council, will County sealed bonds. Tarkington Com* 17 (P. O. No. Knickerbocker, of Houston, as fol¬ Offering—W. W. Chairman (EST) a Cleveland), Tex. The County (P. Charleston), S. C. chase of Co., and Co., jointly, net interest from 1956 to 1970 inclusive. Charleston receive & & reflecting County, Bond J. C. Bond highest Tucker Sch. City. The l%s. as 1963 from 1964 to Due on Jan. 1 1965 inclusive. second highest bidder was Chicago, and Stein, jointly for 4s, lV2s and 13/4s, at a price of 100.36, inclusive. Northern Bradley County (P. O. Cleveland), Trust Co., Bramhall TENNESSEE & a basis of about 1.71%. Tennessee Bond Court Offering receive bids until Feb. 28 for the of Tacoma, Wash. County The — will Clerk purchase Smith, blower offered 14—v. Feb. 703 — were awarded to Rauscher, Pierce & Co., of San 171, p. & Co7, of New Lyons & Shafto, of Tripp and Boston, jointly, on a bid reflecting 2.77%, net interest cost of about as Feb. offered Barney & Weeks, & Co., Horn¬ both of New York, and the Pacific Northwest Co., of Seattle, jointly, as 2s, at a Sch. Dist., Sale—The $750,000 school bonds bonds 171, p. 600—were awarded 15—v. Texas Bond 1950 revenue to house Sale—The $900,000 water Bond sealed $100,000 hospital bonds. price of 100.13, a basis of about 1.99%. The second highest bidder was Halsey, Stuart & Co., Lehman Hemphill, Noyes, Graham, Co., First of Michigan and Badgley, Frederick, Rogers & Morford, Inc., jointly, for 2.20s and 2.10s, at a price of Bros., Parsons & Corp., 100.04, a basis of about 2.02%. follows: WISCONSIN $480,000 as from 270,000 Dated 3s. Due 1951 as from to on Feb. 1 from 1976 inclusive. 214s. 1977 Feb. to Due 1980 on Feb. Superior, Wis. 1 inclusive. 1, 1950. Legality & Falfurrias, City Offering Secretary, — sealed City Clerk bids until purchase of $600,- school bonds. Due on Sept. 1 from 1952 to Texas M. R. Garcia, will receive March 7 for the 000 Crowe, of Dallas. Bond Bond Offering—The will aproved by McCall, Parkhurst Whitaker, Pa. Bond Liberty SOUTH CAROLINA a offered Feb. C. bid a 1, 1955. bidder was Underwood James Op¬ March Bond 750,000 State and after second A. to 1969 inclusive. York, $50,000 Sale—The Bond R. loan Antonio, Ketcham & Nongard, of Struthers & Co. Turtle Creek Sch. Dist., Pa. Bond 000,000 Co. of Buffalo; Rothschild & Co.; Schmidt, & Pennsylvania THE of W. H. Newbold's Son & bonds The at a March 1, on inclusive. 1985 to or on '1,300,000 State College Gymnasi¬ um Armory loan bonds. Due the Illinois Co.; Marine Trust the 1951 tional Refining 2V2s, as inclusive. Brownsville Indep. 600—were 1.47%. Co., Bank from March 1 from on 1969 Hallgarten & Co.; Hayden, Stone & Co.; Hornblower & Weeks; W. Deane der was Inc.; R. S. Fidelity Newark; the Inc.; on TEXAS Mackey, Dunn & Co., of New York, as iy>s, at a 100.17, School Boston; bonds 599— Due to Chicago, funding 171, Trust price of were 1951 G. Burr, Co., National First Sale—The $350,000 public improvement & & Co. and Wood, Munhall, Pa. Bond & Coffin Co.; Dickson A. Co.; E. W. Clark & Becker & Co., Inc.; will receive (EST) on Clerk, until & Stevenson Bacon, Lawrence T. — March 2 for the purchase of The Hig- Corp.; Corp.; F. S. Moseley & Co.; R. H. Moulton & Co.; Reynolds & Co.; 1 Harrisburg, Pa. Offering Burns, bonds. Inc.; Yarnall & Co.; Braun, Bosworth & Co., Inc.; Moncure Biddl£ & Co.; First of Michigan 10th at 0.85%. Dated March 14, 1950. Due on Sept. 15, 1950. 1 The Board of Directors of Alex. Brown & Sons; Lee were of Henderson, of par. Due 1950. 1,750,000 Exeter Ore.; Portland, Due clusive. Auditor ginson sociates, Bond of Co.; Trust Co., of New York, and As¬ Montreal, February 13, 1950. Inc.; Dick & MerleSmith; Peoples First National Bank & Trust Co., Pittsburgh; Harris, Housing Authority, Pa. Hall & Co. (Inc.); Stroud & Co., awarded to the By order of the Board. Corp.; Eastman, Bank bonds. March 1 from 1951 to 1969 in¬ Bear, Stearns & Co.; Estabrook & Stroudsburg-Security Trust Co., Stroudsburg, as iy2s, at a price of par. Co.; National $7,000 -town¬ ship bonds offered Feb. 6—v. 171, p. 504 — were awarded to the of Securities & price school award¬ were 403—were awarded to loan nomination $1,000. Mercantile-Commerce Bank & Trust Co.; A. C. Allyn'& Co. Inc.; American Trust Co., San Francisco; Barr Bros. & Co.; First Co., Pennsylvania Bond Co.; White, Dillon & Co.; Blair, Rollins & Co., Inc.; R. W. Pressprich & Co.; Equitable Securities Corp.; Shields & Co.; Hemphill, Noyes, Graham, Par¬ sons & Co.; Stone & Webster Se¬ curities Corp.; B. J. Van Ingen & Twp. (P. O. Canandensis), still insufficient for are the payment of any other Barrett March Fenn Union highest bidder was Stroud & Co., today a Aspden, Robinson & Co., Dolphin per cent & Co., and R. C. Schmertz & Co., (seventy-five cents per share) on jointly, for l34s, at a price of the Ordinary Capital Stock in* re¬ 100.87. able in Canadian funds & Co.; Merrill Fenner & Beane; & Co.; Salomon & & Hutzler; Weld March 1 for the pur¬ $6,800,000 bonds, divided ment of Thalmann Freres Co., on $3,000,000 State Airport Develop¬ the Co.; Glore, Forgan Goldman, Sachs & Co.; Co.; Bros. Railway Company held final dividend of three spect of, and out of earnings for the year 1949 was declared pay¬ & bonds offered Feb. 9 ed to the Beacon Oil and cost of about 2.69%. (State of) follows: as Chicago; National Bank; Philadelphia to Indep. Sch. Dist., Tex. Bond Sale—The $550,000 on (EST) Co. & Chicago; Bank Lynch, Pierce con¬ Co., and A. E. Pittsburgh, joint¬ price of 100.80, a a National Lazard & Masten & Co., of Stuart of awarded were — Rhode Island Massa¬ Peabody & Co.; the Northern Trust Co. Ladenburg, Pa. $500,000 bonds. Due from revenue to 1985 inclusive. Henderson 101.02: C. J. Devine & struction bonds offered Feb. 13— CANADIAN PACIFIC a the Avenue, Ben Avon, Pittsburgh Trust and Kingston, R. I. Paine, Webber, Jackson & Curtis, and Hornblower & Weeks, both of Boston, jointly, as l%s, at a price of 101.10, a basis of about 1.64%. The second highest bidder was Phenix National Bank, Provi¬ dence, for l%s, at a price of underwriting Halsey, Kidder, First Avonworth Union Sch. Dist. (P. O. 200 Dickson At were York, and Asso¬ ciates, at 0.85% interest. DIVIDEND NOTICES 703 exempt taxes; the Lehman Bros.; awarded to the Chemical Bank & approved bonds Co.; Harris Trust & Savings Bank; $3,705,000 36th Continental Illinois National Bank 14 1953 Sale—The $250,000 school offered Feb. 13—v. 171, p. March are Inc.; (A-O) payable at the City Treas¬ Legality North issue Inc.; Smith, Barney & Co.; Chemi¬ cal Bank & Trust Co.; Harriman Ripley & Co. Inc.; Blyth & Co., Allegheny County Housing Authority, Pa. Sale—The ISLAND Bond in in Included 2%s. Series notes offered Feb. sealed bids until 10 a.m. (CST) on Feb. 21 for. the purchase of $850,000 sewer, water works and gas system present Connecticut and banks in as bonds. coupon RHODE chusetts. $8,345.87 PENNSYLVANIA Note from exempt income im¬ First Prineville, The credit. and taxation offered Feb. 7 599—were awarded Sale—The provement bonds clusive. office. submitted for Pennsylvania, except succession or inheritance taxes; and legal investment for savings banks and trust funds in New York, Pennslyvania and cer¬ tain other states, and for savings Co., of Jersey City, at 0.85% in¬ terest, plus a premium of $34. Bond faith from Trust Bessemer 3 gen¬ financing the of was are Federal $1,475,000, Se¬ offered Feb. 14 were awarded March receive sealed bids until 12:30 p.m. bonds, interest is Sale—The ries 15, notes obligation chase of counsel, March Due on eral until of $12,000 Bond Offering — Raymond H. Hawksley, General Treasurer, will forces in the opinion of direct and general obligations of the Commonwealth of Pennsylvania, secured by its March 1 on 1961 Portland Housing Authority, 1, bid one full Due April 1 from 1956 to 1960 in¬ Principal and interest magnitude only 1 from 1962 to 1970 inclusive. —v. the in the issue. March 6 for the purchase of $15,1950. served the basis of about 2.66%, as a bids Because of armed Portland, Harris Trust & Savings pauf, City Recorder, will receive eealed bids until 8 p.m. (PST) on ©00 water bonds. 1952 to 1965 in¬ They are being re-of¬ fered at prices to yield from 0.85% to 1.55%, according to ma¬ turity. The financing constitutes the largest single offering of mu¬ Bank, Chicago, and Foster & Mar¬ shall, of Seattle, at a price of to Offering—Betty M. Kap- dated are ing bonds offered Feb. 14—v. 171, nicipal securities ever made in this country and the proceeds of the p. 599—were awarded to a syndi¬ sale will be used by the Common¬ cate composed of the First Na¬ tional Bank, Blyth & Co., both of wealth to pay a bonus to veterans on chase bonds 1, 1950 and mature serially March 1 from on follows: Douglas The 1.477%. March Sale—The $500,000 build¬ Bond Gittings, District Clerk, will receive sealed bids until April 5 for the purchase «f $500,000 bonds, divided as fol¬ 105,000 county No. sealed the purchase Bank, clusive. County Sch. Dist. for Bankers Trust Co., Co., and the First Bos¬ ton Corp., as iy2s, at a price of 100.19, a net interest cost of about (P. O. Springfield), Ore. Bond Offering—Bessie high City by Winfree, & Sayre, of Legality approved McCulloch, Shuler ceive Drexel & A-O. Interest nation¬ a Monday, February 20, 1950 the Chase National Bank, National Portland. Crook $395,000 county inclusive. 1975 CHRONICLE wide underwriting group of about 400 members headed jointly by Offering—G. E. Richards, City Recorder, will receive sealed bids until 7:30 p.m, (PST) on March 13 for the purchase of $400,000 sewer system 1950 bonds Dated April 1, 1950. Denomination $1,000. Due on April 1 from 1951 to 599—was awarded to p. " t FINANCIAL & receive 1968 inclusive. Bonds in 1962 and thereafter maturing tn rpHpmntion.