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MONDAY
AC*.'
BUS.
In 2 Sections-Section
ISSUE
1
^
"
Ik* Commercial and
Financial
Chronicle
Reg. U. S. Pat. Office
Volume
171
Number
New
4885
General
RAILROAD
INDUSTRIAL
-
INSURANCE
-
Net
87,028,653
10,945,607
$14,029,991
$6,185,655
Other
$6,281,727
525,707
82,229
252.162
23,901
101,905
5,284
5,149,135
from
2,340,622
_
'
operations
income
Total
Profit
income
-
sharing
Interest
—
bonus
charges
Miscellaneous
Provision
deductions
for
Federal,
1
In This Issue
Ground
Stock and Bond Quotations
Net
-
company
;
income
Stock Exchange
(Stocks)
Stock Exchange
(Bonds)
21
Dividends
paid in cash
1,000,000
—
stock
valua
par
Earnings
•t-V.
171,
distribution, 1,000,000 shares
Si per share...,
.•
of
per
Los
at
S4.12
Francisco
San
assets
business
and
nounced
Robert
by
Alvin
P.
this
early
of
Alvin
Adams
P.;
Associates,
&
aviation
Stock
Toronto
con¬
A
elected Chairman of the Board.—V.
was
Air Reduction Co., Inc.
per'5Ti"End. Dec. 31—
Gross
less
sales.
4
The
(par
35
Section
etc.
Net
for
$24,845,135 $83,528,737
17,322,131
1,071,733
20,575,123
income
$2,400,045
$3,207,047
(net)___
11,265
133,357
deprec
operating
Other
$20,793,914
________
expenses
Provision
38
Markets
30
'
'
National Quotation Industrial Stock
income
Total
and
foreign
$3,340,404
$11,339,483
829,820
843,645
of
Course
The
1,373,618
4,311,227
4,443,046
$1,296,839
$1,760,809
$6,193,436
$6,457,947
2,736,856
SEC
2,736,856
2,736,856
2,736,356
Combined
$0.47
$0.64
$2.26
$2.36
Reserve
Announcements.....
Dividend
New
is
No. Of common shares—
Earnings per share
—V.
171,
No
40
.
International,
Banks
total
on
exceeds
surplus had
$10,331,000, per¬
was
dividend
time.
this
at
class
Statement of Member
of
its
class
stock
A
Sold
stock
common
(par
filed
17
of
a
registration
capital
York.—V.
171,
p.
statement
stock,
be
to
with
the
through
sold
553.
City—Registers
company
16
filed
of
common
organized
was
equipping and
nonferrous
a
on
Jan.
operating
foundry products in the
and
statement
stock
(no
with
the
which
par),
1950.
30.
a
for
foundry for
State
of
the
the
Israel.
of
purpose
manufacture
Proceeds
of
the
be used for the acquisition of
land, construction of
purchase, shipment and installation of equipment,
shipment of raw materials, working capital and other
general corporate purposes.
Herman D.
is chairman
of the board, and Paul
12-year
capital
buildings,
purchase
5% debentures, dated Feb. 1, 1950, due Feb. 1, 1962, and
registration
would
sale
foundry
40
Feb.
shares
on
for
public sale, "as a speculation," for $100 per share.
underwriting is involved, the sale to be conducted by the officers
employees of the company.
stock
of
Banks
of
B
Shares, Inc., N. Y. City—Registers
shares
New
5,000
be offered
constructing,
40
...
Federal Reserve System
Inc.—Debentures
Offered—The company on Feb. 8 offered $300,000
its
of
Feb.
on
3,000,000
corporation
covering
The
Statement of Federal
Condition
Condition
Maintenance
Aircraft
40
Foreign Exchange Rates
1.
p.
corporation
Abbett & Co.,
to
and
_________
shares
6,000
ana
covering
The
39
Clearings
Bank
the
stock
surplus
earned
With SEC—
43
Redemption Calls and Sinking Fund Notices._40
932.415
Income
Net
year,
common
dividends
that
earned
although
American Israel Foundries Corp., N. Y.
Corporation & Investment News_Cover
State and City Bond Offerings
in
taxes
come
the
provides
unless
year,
Miscellaneous Features
General
$11,744,865
205,977
paid
t
Lord,
700,865
182,056
expense
Federal
the
reports that 4,000 shares
company
$10)
SEC
$10,881,352 $11,043,773
$2,411,310
Interest
be
of
$5,745,000 during
the payment of no
"The
V-••
79,857,952
458,131
agreement
not
end
\Yith SEC—
Averages..29
$94,855,827
3,954,102
debenture
shall
the
American Business
1
'
4,213.261
1,062,965
the
of
stock
At
'■
(Dow-Jones)—___29
.
74,434,124
provides for
at the rate
year.
$10) were sold
on
Dec. 31, 1949, the lormer at $35 per share and the latter at
par.
No underwriting was involved.
The proceeds w.ll be added to capital
and surplus.—V. 168, p. 1793v
■
returns,
Operating
This
1953,
by Jan. 11.
1951, 1952 and
American Bankers Insurance Co. of Florida—Stk.
1--34
Stock and Bond Averages
1949—12 Mos.—1943
1949—3 Mos.—1948
discts.,
$3,331,000
$4,050,000
of
of $950,000.
strong.
At Dec, 31,
of its debentures, and
company recently ordered eleven new transports, the Douglas
DC-6B, lor delivery in the early part of 1951.—V. 171, p. 357.
30
(Incl. Wholly-Owned Subs.)—
to
is
company
purchaserd
requirements
per
provision
the
The
Transactions New York Stock Exchange
169, p. 2309.
fund
common
mitting
Transactions New York Curb Exchange.
sulting engineers,
company had
been increased
57,902,716
"carry-forward" credit
a
of
increased
34
Exchange
Over-the-Counter
the
deducting
position
*$2,893,671
58,278,818
1569 460 673 1353 042 761
flown
34
Exchange
Toronto Stock Exchange—Curb
President.
Ducas.
Adams,
month
tAfter
$1,350,000
the
32
33
Exchange
loss,
$10,640,000.
32
Exchange
Stock
Montreal Curb Exchange
approved the acquisition of the
Metropolitan Aviation Corp., it was an¬
the
of
Stock
Stock
Montreal
stockholders
1,038,618
$6,511,237
miles
passenger
sinking
of
30
Pittsburgh Stock Exchange
$1.82
Air Commuting", Inc.—Acquisition Approved—
The
48,799,551
1,181,881
11,800,000
taxes
plane miles flown
had
the
31
1_31
Exchange
Philadelphia-Baltimore
1,000,000
189.
p.
Stock
1949,
this
30
Angeles Stock Exchange
Midwest
*Net
30
Exchange
Detroit Stock Exchange
1,200,000
share___
common
Stock
Cincinnati
765,000
Dividends paid in common stock, 100,000 shares
at fair market value of $12 per share__
Common
48,597,094
(net)
income
income
NOTES—Current
25
Exchange
Stock Exchange
Boston
$3,639,025
$8,239,582
Curb
York
Federal
for
Revenue
9
New York
15,733
28,776
—_—
Net
New York
New
—
________
42,341,471
,
miscellaneous
and
Revenue
Page
Minority shareholders' equity in income of sub¬
sidiary
1948
$89,285,969
45,115,661
•.
expenses
Provision
and Canadian in¬
state,
taxes
come
expenses
96,072
$14,127,334
flight
Interest
Profit
1949
—$103,205,873
revenues
Direct
53,725,084
6,353,526
97,343
goods sold
Operating expenses
Total
$66,764,265
__._S112.004,251
of
(& Subs.)—Earnings—
Year Ended Dec. 31—
1948
1949
sales
Cost
MISCELLANEOUS
-
American Airlines, Inc.
Admiral Corp. (& Subs.)—Earnings—
Year Ended Dec. 31—
Copy
a
Corporation and Investment News
PUBLIC UTILITY
-
Price 75 Cents
York, N. Y., Monday, February 27, 1950
Moskowitz of
Herzog,
of
Jersey City, N. J.,
York
New
City,
is
President.
75,000 shares of common stock (par 25b), in units of one
$1,000 debenture and 250 common shares at $1,000 per
Twenty-eight units offered were issued to certain
American Mutual Fund,
•unit.
ceding
officers and directors in cancellation of loans of $28,000
to the company
funcl
cash
by them.
calendar
The
PURPOSE—The
equipment
proceeds
working
and
in
the
business
general
is al 51
office
East
NEGOTIATIONS
AIRPORT—For
The
Port
on
an
at
of
New
will
on
lor
run
fixed
a
period
of
The
its
at
company
leased
premises
of
Port
property
of
own
The
new
as
engage
aircraft.
type
the
Its
such
•will
INTERNATIONAL
been
carried
at
annual
an
and
will
to
with
York
a
and
rental
the
to
minimum
a
contain
build
that
expected
would
No
be
site
the
the
of
is
assurance
obtaining
of
a
be
and
CAPITALIZATION
options
GIVING
The
provision requiring
hangar on said
approved
25
acres,
referred
to
TO
which
of
one
will
be
2,579
New
of
The
debentures
will
be
Trust
Co.
a
sinking
per
sh.)
to
maximum
outstanding:
Aug.
iWw
1,
1.
of
aggregate
of
for
the
the
(selected
on
Jan.
before
Jan.
31,
if
if redeemed
See
the
retirement
amount
of
to and including Aug.
consolidated net profits
Remington
price
31,
1955;
2%
1957;
1%
upon
thereon
interest
Jan.
31,
1359;
by lot;
redemption
a
following premium
or
before
or
31,
for
of
of
American
As
of
A
Louis
Light
during January
preferred
prior
stock
preferred
Co.
RR.
So.
Power
011
31,
of
Co.
in
69,033
Island
Chicago
Southern
&
share.—V. 171,
an
2221.
Year Ended Dec. 31—
redeemed
1949
1943
less
returns
$3,687,937
$3,587,079
Costs
and
expenses
3,450,038
3,411,941
profit
$237,899
$175,138
40,639
69,435
$278,538
$244,573
21,105
22,334
98,000
92,000
$159,432
$130,239
$1.14
$0.93
Other
purchased
it
accepted
for
shares
189
and
and
allowances____
income
Total
income
Interest
and
Provision
Louis
asset
A
of
stock,
stock
preferred
North
Co.
6%
RR.
Co.
preferred,
Net
—V.
preferred,
preferred,
and
35,751
of
stock
shares
$826.07
with
an
of
per
taxes
(est.)
profit
per
159,
p.
share
1242.
The
SEC
Alleghany
share,
asset
deductions
income
Appalachian Electric Power Co.—Registers With SEC
shares
$68,500
for
value
Fed.
American
37,705
common
other
for
shares
2,234
common
of
Lighting
Co.
when-issued
preferred
p.
series
shares
St.
&
Ry.
outstanding
were
preferred stock with
shares of series A
per
p.
Sales,
if
exchange
stock,
preferred
when-issued
new
for
Long
York,
City
there
170,
American Seal-Kap Corp. of
Del.—Earnings—
1953;
3%
thereafter
it
that
and
stock
common
Alleghany's
Light Co.
adjustments.
cash
Jan.
of
exchange
shares
New
Rand, Inc., below.—V.
to
Earnings
shares
Kansas
plus
of
of
St.
the
755
shares
shares
cash,
that
reported
American
&
in
$100.94
and
value
The proceeds are
tions
of
p.
357.
company on Feb.
17 filed a registration statement with the
covering $25,000,000 first mortgage bonds due 1980, to be offered
at competitive bidding
sale
and
to be used to pay for the cost of extensions, addi¬
to the properties of the company.—V.
171,
improvements
554.
Allied Gas Co.—Earnings—
195,018 shs.
aggregate
12 Months Ended Dec. 31—
principal
of
the
debentures
debentures
at
any
Total
operating
revenue
1, 1961, an amount
of the company for
equal
the
deductions—,
1949
*1948
$202,326
Operating revenues
$172,522
162,590
174,459
St. Louis Listed and Unlisted Securities
.
Utility
Other
operating
income
income
(net))
$27,867
3,141
Edward D. Jones
$9,932
10,01g
to
pre-
&
Co.
Established 1871
Gross
Total
income
income
$31,008
deductions
4,914
$19,951
4,339
300 North 4th
New
York Stock
Midwest Stock
Net
income
Earnings
per
$26,094
common
♦Revised figures.—V.
share...
171, p. 553.
$15,612
$1.85
$1.11
St., St. Louis 2, Missouri
Members
time
and annually on or before Aug. 1, 1955, to and including
an
amount equal to 5%, and annually on or before
J
American Optical Co.—Sales Rights Agreement-
company
Outstanding
1957,
1958.
Jan.
261,250
will pay to the trustee, so long as the debentures remain
outstanding and
unpaid, the amounts specified as follows:
On or
before
Aug. 1,
1953, and annually thereafter, on or before Aug. 1
of each year to and including Aug.
1, 1961, a sum equal to 3% of
Aug.
Power
accepted
3,334
Inc.—Merger Voted—
171, p. 649.
$300,000
300,000 shs.
$1,000,000
&
31,185
common
in
the company
the
on
before
the
of
adjustments.
51
FINANCING
$1,000,000
limited
fund
time
to
redeemed
or
series
own
shares
addition,
prior
FRESENT
Security Co. below.—V.
1961.
9
North
of
Chicago
York,
cash
its
of
is trustee.
for
election
together with the
if
before
Feb.
on
were
of
and
As
the
at
time
and
on
Jan. 31,
In
above.
which $300,000 are offered, and will be unsecured obli¬
gations of the company.
The definitive debentures will be issued in
coupon form in the denomination of $1,000 only.
City E.ank Farmers
amount,
5%
and
or
1,420
shares
American
plus
parcels
successful
of
tenders
in
Authorized
12-year 5%
Common
on
company
11,050 shares
by
This
EFFECT
debentures
stock (par value 25c
See
of
Operating
of
modern
specifications
proposed engine shop.
by the company that it
given
lease
or
lieu
Alleghany Corp.—Buys Own Preferred Stock—-
based
rental
hangar
will become
the
Authority upon the termination
approximately
the
from
or
thereafter
thereafter
before
on
in
lease
$2,300,000.
total
redeemable
redemption
amount:
redeemed
and
.
a
principal
if
and
preliminary
comprising
time
for
thereafter
with
on
The
lease.
approximate
given
also
are
any
fixed
redeemed
estimated
cost
to
the
company of said hangar
The Port of New York Authority has
approval to the hangar plans and designs which
have been prepared by the company's architects and engineers and
are approximately 30%
complete.
It is also expected that the lease, when and if concluded, will
give
the company
an
option to lease three additional parcels of land
the
pf
date
4%
YORK
is
receipts
designs
New
to
Y.
have
It
Authority.
of
N.
1949,
sinking
any
debentures
least 30-days previous notice by publication at
equal to the principal amount thereof and accrued
acquire a long-term ground lease
which is conveniently located
years
to
at
company
in
or
both.
debentures
whole
a
the
of
cash
in
acres
expense
York
Port
to
12
gross
according
New
for
loans
21,
airline
NEW
Airport.
approximately $18,000 per year,
the
ON
negotiations
25
of
percentage
of
York,
New
Authority
Sept.
on
maintenance
Street,
International
a
retire
to
option
made
at
LEASE
approximately
York
used
York
New
months
York
New
of
area
of
42nd
FOR
some
be
to
are
capital.
COMPANY—Incorporated in
in
partly
or
be
may
the
At
year.
payment
Exchange
Exchange
Chicago Board of Trade
New
York
Curb
Exchange
(Associate)
Phone
CEntral 7600
Bell
Teletype
SL 593
2
(846)
THE
American Telephone & Telegraph Co.—Annual
Report
—The Bell System added two million more
telephones in
1949 and the overall
quality of telephone service was
raised to
high levels.
new
billion
a
dollars
BALANCE
Invests,
Other
Cash
1949.
These
facts
revealed
were
Special
by
Cost)____
ONLY)
1943
s
1,041,824
with
15,781,473
2,360,625
15,302,727
2,006,813
374,858,262
456,703,550
36,963,980
31,775,123
13,424,773
15,399,321
8,448,115
8,640,674
14,747,158
13,994,064
debits—
stock
was
$135
$232,855,000,
share.
per
This
the
$9.70
or
System applicable to A. T. & T.
the average investment of nearly
with
compares
$9.86
share
per
in
.1948.
issued
FOR
CALENDAR
1949
YEARS
(COMPANY
1948
1947
1940
8
Toll
service
License
contract
Miscell.
$
184,239,475
162,413,496
32,557,044
13,481,209
11,607,250
9,444,124
oper.
Dr820,464
Dr675,999
Interest
8,060,226
D/997,899
£>r732,043
revenues
Uncollectible
revs.
29,996,511
28,186,361
Ctlier
Total
oper.
Current
221,352,431
41,716,600
revenues—
maintenance
Traffic and comm.
exps.
Prov. for
35,016,119
32.873,988
6,502,882
6,003,943
5,372,663
and
Federal
Other
term
1948
to
35,063,721
12,111,905
29,031,444
reconversion
12,189,775
car
273,370.58..'
222,817,060
210,580,751
206,732,2.'. 4
12,450,823
1,759,940
'
1.520,196
1,525,224
7,333,212
7,380,355
6,891,832
41,483,596
39,409,337
35,637,699
35,457.790
Crl,281,326 Crl,918,842 Crl,582,756 Crl,352,459
15,285,000
20,375,000
17,120,000 §28,344,000
13,157,113
12,304,238
10,704,459
10,237,035
exps.
taxes.—
taxes
operating
Interest
Misc.
income
revenue
28,140,122
32,130,859
27,556,429
239.891,294 204,584,659 150,320,564
14,992,132
16,797,257
14,036,431
—
revenues
non-oper.
(net)
earnings.— 283,200,873
deductions
of
Cr270,342
debt
reserves._
surplus
Drl63,776
SYSTEM
CONSOLIDATED
Telephone plant
Misc. physical property
Invests,
in
Equities
subs,
subs,
in
not
invest,
Other
Release
36,005,813
not
!
in
consol.
of
Current
Cr77,442
Cr71,676
Net
228,003,399
declared
207,617,760
156,344,238
191,932,110
216,127,324
___
203,101,621
189,312,852
Surplus
No.
of
11,876,075
(par
Federal
number
excess
corresponding
which
*21,034,761
20,606,999
$9.20
$7.43
$9.42
shares
profits
taxes
increases
charges.
offset
was
deductions
BELL
of
in
deductible
were
surplus
income
*22,566,847
$9.49
share
per
Average
from
operating
taxable
effect
of
by charging a
(Deficit.
portion
but
tax
of
were
in
reductions
the items
the
on
to
nature
total
miscellaneous
INCOME
the
Accounts
of
the
American
Telephone
Tel.
&
Tel.
DEC.
Co.
31
and
270,509,708
123,610,075
135,663,468
41,979,893
T.H
1,272,935,157
37,092,834
28,752,669
25,911,901
1,009,770.892
862,565,593
134,376,823
117,206,351
95,716,686
&
T.
Co.__
8,443,278
Deferred
1,733,000,000
___
1,708,000,000
77,260,000
consol.
T.
4,755,849
237,397,877
537,845,900
274,007,541
251,827,552
214,262,371
187,161,270
Operating rents._
25,570,037
23,123,233
19,754,727
Federal
45,097,301
41,939,419
37,576,898
133,015,959
122.417,487
105.968,527
99,386,112
91,357,124
29,388,563
83,586,066
65,317,174
27,388,478
23,703,887
22,310,004
38,350,599
44,570,194
exp.
31,299,675
28,337,662
23.351,503
17,746.333
292,477,198
245,654,622
257,415,561
inc.—
298.296,309
253,698,959
185,540,628
245.490.912
(net).
54,502,732
65,801,382
42,755,326
of
bef.
oth.
of
Release
5,517,457
4,594,145
112,311,936
90,468,339
228,295,954
257,381,869
19,232,084
11,853,780
331,544,952
stocks
public
of
28,180
62,587,906
41,916,232
tinue
1949
29,717
71,613
295
243,173
income
$1,420,676
taxes
Divs.
T.
on
taxes—
Cr297,0o0
Crl62,499
Co.
of
Tel.
stock
Earns,
in
229,164,784
165,636,435
6,748,916
215,202,991
4,447.812
—V.
6,651,434
for
of
__
161,188,623
208,551,507
■
.
189,312.852
183,462,749
16,728,141
19,314,247
+28,124,229
25,088,758
170,
§22,566,847
§21,034.761
$9.86
notes
12,633,868
10,822,355
10,801,939
—
8,843,768
13,000
13,000
20,000,000
20,000,000
due
22,500.000
15.000.000
—
in
1959—
10,418,240
!____
to
up
them
honor
170,
3,600,000
21,355,317
$246,790,059
or
reacquisiMon of, cr»pt,q) stock*
of
$824,000
rmvnf««cturns'
stock
$121,017,203 in
$117,193,990
due
taxes, $225,126,539 in
1946.
in
1946.
1949;
$100,648,493
Federal
excess
in
•
20,606,909
$10.23
1948; $74,381.-
profits
(refund
23,489,060
1.347.071
1.065 301
1,360,000
2,113,000
—
:
$2,234,185
$3,814,734
1,658.065
4.71,
749.
p.
Corp.
Subs./— Earnings—
(&
Oil
profit
171,
approval,
the
required
Co.
•„
in
are
loan
from
to the
to the
company and also
connection with the acquisition
two
now
paid
The
organizations,
a
part
of
the
which
will
Ashland
instalment
an
Chase
National
of
of
con¬
of
group
Bank
$875,000
the
of
Bankers
Trust Co.,
New York,
which
The payment reduced its indebtedness
tDeficit.
standing.
§Average
number
of
shares
out¬
from
has applied
is
program
project
would
New
was
to
on
The
City
not
of
&
to
financed
Co.
Mutual
purchase
of
New
the
York
The
and
company
New
expects
Madrid
job about the
to
facilities
end
6%
by
the
Life
bonds,
City
Insurance
the
has
67,584
$741,345
$2,240,102
61,346
to
60,842
825,000
$454,999
$1,354,260
750,007
$0.76
(est.)--
225.000
450,007
taxes
$2.26
■
surplus.—
—
share
common
298.
p.
~
Co.
has
made
said, and J.
make the loan
company
agreed
April
to
construction
l,
1950,
Paper
Co.
Offered—
Feb. 14 publicly offered 5,000 sbdre*?
on
preferred
stock
common
(Fla.)—Stocks
stock
(par
(par $1.0)
and SO.OOtJ
10^> in units of
10 shares of
one share
stock.-at $11 pc-/
common
unit.
COMPANY—-Organized
tion
H.
and
of
to
the
intent
The
will
equipment
for
water
bread.
Fla
in
,
intend*,
After
operate
to
and
plant,
railroad
machine
of
in
January,
to
llie
slitter.
intends
which
and
should
The
to
with
such
be
that
expansion
be
it
item,
is
items ot
received in ex¬
This machinery
be
waxing machine with
does not intend to buy
approximately
room
prouut-
press,
sufficient
leave
to
paragraph.
company
rent
will
still
machinery
printing
by
1950,
jii-uitrfrte
company lias been abist
profitably
following
four-color
paper
but
siding
machine
consist
mentioned
new
a
one
EXCHANGE
tered into
tion
for
7,000
deemed
feet
production
square
maximum
installation
for
of
an
addi¬
necessary.
a
OF
STOCK
FOR
MACHINERY—The
contract with William
this
of
financing
the
H.
company
Austill whereby
will
company
exchange
upon
for
has
en¬
the comple¬
$5,100
its
(51,000 shares, 10 cents par) the necessary
machinery to
the processing of waxed paper.
These 51,000 shares wili
represent 50Vj% of the total common stock'to be outstanding..
j
of
stock
in
PROCEEDS—Proceeds
will be used to pay the import duty on the
installation of electrical and steam facilities at the plant,
office and mill equipment, and the balance,, estimated at
$28,000, will be used as working capital.
machinery,
purchase
about
of
ESCROW
AGREEMENT—The
underwriter)
from
sale
the
of
with
—V.
5,000
no
have
sale
of
entered
this
units
deductions,
be
not
shall
will
Capital Co., Inc. (the
whereby all proceeds
and should tha
45 days,
then all funds,
agreement
an
be
placed
completed
be
and
company
into
issue
in
within
returned
to
the
escrow
subscribing stockholders,
171, p. 649.
y
P.
Aviation Maintenance
the
wind
stockholders
Ail-Time
High—The consolidated net income of this company and
all its subsidiaries reached a new
high in the year ended
the
up
G.
McKean,
R.
capacities
The
assets
p.
at
an
Corp.—Liquidation Approved—
adjourned
meeting held on
C.
for
Vice-President
Stunkel,
the
President
duration
of
and
Treasurer,
and
Chairman,
contracts
now
preliminary and unaudited statement
of
1694.
Feb.
company's
affairs, to liquidate its assets
following completion of current contracts.
dissolve
J.
Reach
of
bath,
own
ability
will
stock
consist
a
its
Jacksonville,
management
for
the management to expand production to other
which it believes to be more profitable.
of
paper
change
in
The
wrappers
demonstrate
to
waxed
of
Sikeston
complete
Austill.
waxed
on
a
of September.
Co.—Earning
Waxed
cumulative
William
The
commence
around
Inv*»«+ment
$2,172,513
42,033
deductions
income
preferred and
dator.
Associates
$699,312
_
paid
shares of
of
due
$8,250,000.
$900,000.
Northwestern
89,547
its
issuance of $200,000
in
common
stock, $450,000 in 4 Va% first mortgage bonds and a $250,000
bank loan.
The
application says the stock has been subscribed in
full.
66,648
60,874.
—
transferred
using
Madrid, areas.'
be
income)57,232
sales
other
tional
to the FPC for authority to build pipe¬
Missouri which would carry natural gas
Estimated cost of the con¬
southeastern
than
—
state
per
common
and
$2,776,828
448,115
488,553
_
Capital Co., Inc.,
its
January
(other
income
170,
the
unanimously,
Ashland
in
These
almost
554.
p.
taxes
taxes
1948
$1,305,976
—
expenses-—
income
Austill
$2.23
end of period
gave
into
Co.
Oil
1949
sales'-——..—'—
1,653.183
$1.26
outstdg,
separately,
Sikeston
ship*
cuver;naj;
1948
of
to carry-back of excess profits credits).
Other
$191,828,705 in 1948; $171,272,855 in 1947.
1949;
local
Balance
—V.
21,284,090
——
share
securities
company
facilities in
the
niada-'tfc
been
bsnv
drarui
2126.
p.
below.—V.
administrative
and
$519,997
.
and
10,418,240
3,600,000
amount
an
to
Corp.
from
security
Net
$250,000.
$7.66
in
to
Morgan
$9.70
$156,880,226
2,247,446
\
interest—
and
stockholders
1, 1950.
p. 1909.
commitment
Co.
1946
3,379,760
——
value)
par
Plywood
and
State
Social
$26,225,345 $30,482,095
—
depletion, depreciation and
intangible drilling costs.,
common
operate
York
The
203,101,621
§24.014,147
1947;
1,907,312
6.039.890
others
cash dividends on,
for
Oil
profit
and
19<*9
—
Aetna
new
2,067,431
1,786,869
6.526.639
28.391,093
for
Sum ay
Interest
Inc.—Earnings—
(est.)—
company
struction
1
216,127,324
share
$16,658,655 in
adjust, exp
Atlas Corp.—Barnsdall Sato CVmRmiiuaied"-
Gross
$1,035,676
—
:——
per
This
222,415,868
&
income,
and
—
automobiles—V.
33,000
*
Associated Natural Gas Co., Tulsa, Okla.—FPC Author¬
ity to Construct Pipeline in Southeastern Missouri—Fi¬
nancing Program—
line
232,855,465
outstdg._
per
*Federal
767
recovery
income
expense
$10,000,000
Amer.
Tel.
($10
banks
of
rnents
engage
surp._
shs.
&
2,199,639
loss
taxes.
premiums
Guarantees
Dividends
common
of
until May
Tel.
stock—
Balance,
No.
240.756,005
7,900,540
T.
&
federal
—$273,199,247
Cr381,51.1
385,000
:—
Associated Dry Goods Corp.—Reduces Bank Loans—
applic.
A.
$246,790,059
$150,948,20(1 $144,475,300
—___
$171,485
subs,
Amer.
$273,199,247
\
....
——
long-term
stock
NOTE:
171,191
—
—.
companies.—V.
262,646
held-by
inc.
to
50,000
1957—_—_—
to
surplus
Selling and
1948
1,177,503
—
taxes).
to
The
—
& Tel. Co. stk.
514,410
50,000
—
'Subject to annual sinking fund requirements of $1,800,000 beginning
1953.
(Under provisions of the
long-term notes payable. $24,374,339
Gross
applic. to
consol.
Net
inc..
1,063,214
finance
Total
at
chgs.
net
inc.
417,618
1,079,782
„
(Earned surplus
325,399,502
providing for dividends on preferred stock,
(Including cost
sold, operating and general expenses, taxes (other than
of
New
Net
202,872,101
587,200
5,031,641
340,087,915
Federal
Freedom-Valvoline
of
Total
Common
4,148,797
&
prem.
funded debt
on
319,500,341
debt
exp.
fixed
1955
ments
'Subordinated
certain
—
other
NOTE—The
issue
352,799,041
Int. deductions—
&
22.1, i, 79.241
rev
Long-term notes due in equal annual install¬
is not available
products
merger
disct.
J'MVViU
——..
owned))
discouns.——
finance
Atlas
income
'Earnings
of
1940
VI 14'J 434
10,775,234,113 10,000,683,026 8.772,377,290
income
Shares
income
chgs—
Amortiz.
affilated
losses
insurance
of
11,890,957
inc.
and
on
'After
fixed
insur.
22,429,712
reserved)
insurance
provision
Net
26,956,546
•
$35,094,02 'V
payable and accruals
2,380.465,795
27,479,104
346,143,742
Total
(less
market)
or
$1,212,303)
(50(7
Unearned
18,855,625
1442.
p.
sales
Taxes
31
12,'140,124
short-term
30,717,844
surplus
before
■(Operating
chgd.
(Cr)_
inc.
DEC.
668,875
of
of
cost
in
(net)
amortization
*Taxes
Other
at
2,649,266,064 2,525,788,325
reserves-
earnings
Less
etc.—
Net oper.
.
FTICES
less)
or
repossessions
lower of cost
in stock
18,294,596
operations——-———-:
on
169,
Net
accident,
constr.
share
per
(at cost
reserves
145,135,403
Three Months Ended Dec. 31—
91,912,771
empl.
pens-
Expenses
(at
24,855.616
Ashland Oil & Refining Co.,
and
depts..
gen',
earnings
withheld—dealers
Earnings
36,177,970
Employees'."sick¬
Other
$0,60
30,371,564
income
gain
—V.
search
death,
$£.60
net
1949
Federal
Net
Net
Gene'ral admin.,
devel.
&
re¬
ness,
$11,408,961
4,632,700
179,511,131
16,397,259
for
26,086,885
Minority interest in insurance subsidiaries—__
Other
Earnings
Gen. & misc. exps. :
1948
$37,495,847
$6,775,261
14,677,106
212,955,415
service
1949
43,755.683
amort.
exps.
Prov.
ACCOUNT
$!>,fir? ViB
52,978,012
14,373,486
$10,113,776 $12,016,101
from
income
treas.
INCOME
year
50,155,126
sales
Other
580,567,850
auto
5,760,000
59,242,857
Corp.—Earnings—
Profit
649,082,881
retail
$14,817,066
the
for state and
Reserves
749.
p.
410,947,934
659,122,348
of
new
taxes
25,431,099
.
171,
2,093,664,941
278,130,536
servicing
cent
in
company's
for
69,768,367
—
Total
482,621,307
320,976,914
the
primarily
per
short-
$306,575,331
taxes
for unpd.
Res.
stk. of subs.
(surplus
2,224,582,932
—
wholesale
29,625,219
—
Paid-in
by public
to stk. of A. T.
Surplus applic
583,366,263
Accounting
lien
from
reflected
income
payable,
Reserve
40.000,000
____'
to
held
2,624,827,067
expenses.
the
Pur¬
$224,851,-
income
57,191,179
amort.
644,654,882
Commercial
Notes
297,283,013
credits
2,893,273,356
&
motor
changes
from
before
207,458,280
applic.
rev.
expense
of
proportion,
The
31—
securities
company,
1,033,000,000
282,204,515
liabilities.
and
maint.__
Deprec.
Traffic
same
Prepaid interest, etc
17.904.300
250,911,813
accrued
Arundel
6,634.509
$609,011,138
composition.
6 Months Ended Dec. 31—
10,235,558
at
finance
the report noted.
receivables and
76,962,445
(Dri_
oper.
its
of
Federal
for
Investment
1,921,975,900 1,699,995,200 1,726,100.300
accrued
Net
Total
Dec.
depreciation
95,526,000
17,904,300
Years Ended Dec. 31—
Current
volume
increased
buying program,
approximately 50
acquiring,
Total
98,117,100
17,904,300
payable
current
-V.
purchases
the
1949.
normal
Unearned
100,705.700
deposits
Other
Interest
357,667,039
income
26,196,02j
112,900,000
Taxes
1.163,791,306
1,071,840,752
deferred
with
In
notes
expenses——
Inventories
See
1,506,293,102
1948.
Land, buildings and equipment (at cost less
2,526,118,300 2,335,096,300 2,148,798,200
522,888,638
463,674,285
337,920,653
169,778,347
82,971,178
7,122,639
payable
Dividends
operating
revenues
5,539,744
290,328,370
Total
71,877,921
$
1,697,291,339
aggre¬
of
automobile
interest, premiums and other income $44,442,285
income
Accounts
T.
Unappropriated
1946
$
rev.
revenues™
Uncoil,
1947
$
rev._
service
Misc.
1948
comparable
...
billing for service and
customers'
&
$
Toll
its
total
changes
installment
in
in
cars,
Ended
Marketable
460,709,313
7,189,990
-98,983,926
payable
Accounts
Subsidiariesi
1949
service
79,070,810
376,853,892
24,130,490
&
T.
debt—A.
Advance
7
the
Cash
consolidated:
Surplus
STATEMENT, YEARS ENDED
the
represent
CONSOLIDATED BALANCE
31,706,002
325,875,951
instalments—
Deprec.
Principal
Local
net
a
and
new
Consolidated
59,607,008
11,991,062
Subsidiaries consolidated
for
by $279,696 in 1946 with
income by reason of items
income
such
§ Provision
income.
SYSTEM
(Consolidating
reduced
was
net
from
The
outstanding.
46,865,549
56,145,825
77,751,341
capital stock
stock
Notes
*24,014.147
_________
Earned
in
7,066,961
325,835,608
246,983,715
Common stock held by public
Pref. stock held by public-
8,469,361
end
to
Assets—
debits
(A.
on
Subsidiaries
shs.
outstanding
$100)
!,618,842,204 7,348,802,858
4,137,236
deposits-
stock
Funded
4,516,139 432,968,614
to
income
Net
LIABILITIES—
183,462,749
the
Liabilities—
Capital
income
S
,
—10,775,234,11310.000.683,026 8,772,377,290
Premiums
Dividends
$
52,543,023
receivables
Capital
Cr37,305
peak,
gain in outstanding
while
important
while
decreased
dealers
Net
31
59,645,114
Total
on
that
retail
$254,144,272
Provision
334,634,340
v
and
supplies
Prepayment
of
rents,
taxes,
directory expenses, etc.-
j
compared
before.
year
time
earnings, amounted to $12,633,868
$10,822,355 a year before.
$596,317,507,
were
$264,138,996,
Operating
of
excess
the
all
an
with
out
was
lien
1037
396,852,101
-
and
demand deposits—
Temporary cash investment
72,522
premium
debt
motor
owned
therein
cash
DEC.
5,747,913
consol
-majority
shares
$205,968,000 at
a
which
future
CONSOLIDATED
19,499,614
(net)
funded
SHEET,
1948
9,432,749,584
;
investments
Special
&
.
expenses
BALANCE
$
192,312,751 211,504,246
46,237,033
to
Year
5,803,725,896 5,213,368,647 4,870,700,083
_______
Othed deferred
253,783,117
55,274.916
disct.
Cr399,321
of
volume
2,929,726
Material
117,325
__
net
Interest
Amort,
7,099,106
revenue
_
Total
33,127,515
171,441,401
767
on
Cash
Net
Dividend
chases
Discounts,
Total
outstanding,
2,194,943
323,383,407
3,369,740
293,603,353
30,051,468
credits
amort,
1.949
there
notes
27,605,605
1949
to construe.
income
and
BELL
1,818,862
4,996,044
misc.
chgd,
48,333,730
19,423,222
ASSETS
Operating rents
Gen.
Exps.
52,468,992
14,662,995
into
compared
pointed
for
before,
1,726,100,300
4,603,473
benefits
business
year
56,659,227
36,493,422
Employees' sickness, ac¬
cident, death & other
report
1.699.995,200
accrued
premium
with
was
discounts,
taken
1949,
7,122,539
debt
Unappropriated
serv¬
employees'
pensions
ice
33,524,817
finance
be
of
82,971,178
—
taxes
deferred
funded
will
close
169,778,347
payable
payable
Unextinguished
227.583,305 201,178,132 216,768,329
42,306,608
36,524,327
35,002,446
32,815,748
28,559,295
25,997,271
36,008.721
expense—
instalments—.
of
reached
compared with
equal to $8.69 a
was
stock
,
number
same
outstanding also
$9,057,066
income
$172,767,389 at year's end,
preceding year's total.'
1,921,975,900
and
Deprec.
Depreciation
the
outstanding- 2,526,118,300 2,335,096,300 2,148.798,200
stock
522,888,638
463,674,285
387,920,653
debt
Accounts
181,254,335
26,979,133
revs.—
stock
Dividends
$
181,889.988
revenues™
ONLY)
were
common
the
on
1949
year's
of
installment notes, which amounted
increase of $40,186,586 over-the
an
capital
on
Capital
Funded
ACCOUNT
share
a
for
latest
retail
The
and
The
shares
gating $225,935,11.3 as compared
Primary factor in the increase
LIABILITIES—
Stock
1948.
receivables
Unearned
________
Premium
INCOME
$6.50
Total
5,803,725,896 5,213,363,647 4,370,700,023
_____
Bell
on
on
that
Total
earnings
in
share
2,903.367
37,744,354
net
$6,776,261
48 546 936
16,393,203
supplies—
deferred
Consolidated
760,366,941
46,720,371
239,983,068
receivables
and
836,532,249
3,877,516,944 3,526,668,794
49,870,560
Monday, February 27, 1950
Dec. 31, 1949, E. M.
Morris, Chairman of the Board, told
stockholders in the company's 32nd annual
report.
1037
$
Feb. 21.
Consolidated net income of
of
(COMPANY
4,560,262,065
cost)
deposits
investments
cash
Other
(at
(at
deposits
cash
Temp,
Leroy A. Wilson, President, in the annual report issued
on
*
31
873,374,066
subs,
and
Material
in
plant
in
invests,
Current
4.9
DEC.
CHRONICLE
$
Telephone
To accomplish this, more than
to improve and extend the
in
to
SHEET,
FINANCIAL
1949
plant last year, bringing the total expenditures for new
construction since the war to $4,525,000,000. At the same
time Bell System earnings on capital declined from 5.1%
1948
&
ASSETS
spent
was
COMMERCIAL
$1,342,842
while
liabilities
in
and
voted to
voluntarily
7
was
appointed
liqui¬
will
remain
theso
in
process.
of Jan. 31, 1950, shows
amounted to $1.002,926.—V
170,
as
\
Volume 171
Number 4885
Selling
YEAR
Corp.—Earnings—
ENDED
rentals
of
general
:
value
par
cumulative
the
new
from
stock
time
231,983
common
&
stock
and
to
the
time
as
Other
cipal
profit
income
$801,115
offices
41,763
advertising
Total
income
Interest
on
Federal
taxes
wares
$842,878
bank
loans, etc._
304,479
156,
will
income
after
'Based
Wm.
on
be
of
1949,
being
end
at
whereby
charged
to
of
acquired
respective
and
expense,
have
depletion
for
the
1949
as
net
shares
reported
Stock
Sale
are
outstanding
equivalent
been
and
of
as
to
capitalized
cost
of
Feb.
Net
of
as
17,
Merger
—
Sunray Oil
Corp. below.—V.
tained
1950,
a
of
Period End. Dec. 31—
Operating revenues
Uncollectible oper.
Loan—
171,
operating
after
ter
•—V.
354,511
275,214
15,841,656
13,889,147
11,975,647
11,644,004
1.458,711
956,031
2,407,293
12,747,592
—V.
171,
were:
Halsey,
1,239,112
1.781,681
Salomon
Stuart
&
12,177,389
V,
issue
stock
of
(par
60,000
$100)
shares
offered
was
by Nesbitt, Thomson
Montreal,
and
Wood
The
proceeds
sion.—V.
&
43A%
in
Co.,
bid
bid
99,597
99.408
for
be
&
added
cumulative
Canada
Ltd.,
Gundy
to
are
169,
of
for
Co.,
to
at
and
redeemable
$100
171,
Ltd.,
de
Net
(&
—V.
p.
170,
Buffalo
ICC
the
of
for
Feb.
Operating
Operating
for
Net
S.
shares
to
a
Dickson
of
&
common
selling
or
Pfd.
1948
7,583,858
Co.,
track
21,055
preference
stock
on
This
i
(par
to
were
the
72,063 shares at
Nearly half
fourths
end
of
of
shares
also
$1)
171,
extended
N.
at
C.,
$7
and
to
Feb.
issue
Feb.
28
be
the
conversions
and
the
had
to
of
the
14.3
and
the
171,
p.
1949—Month—1948
on
date,
78,945
of
5.60%
shares
the
of
to
stock
5%%
stock
Feb.
10,
obtain
distribution
were
to
effected
1950,
both
be
than
more
8527,359
by
the
Jan.
made
between
which
•
1
lease
or
small
own
rent
1,
CHANGE IN
to
of
on
research
amend
The
the
share).
tools
amount
and
laboratory
of
and
floor
to
dies
enable
to
space
and
company
provide
shares
charter
Commercial
and
of
to
no
par
authorize
Financial
present authorized
working
common
the
stock.
issuance
Chronicle
of
It
capital stock
is
35,945
$527,335
$6,005,075
161,166
$4,963,283
153,464
1,838,813
1,645,176
$373,871
$4,166,262
$3,318,107
67.041
821,981
$3,344,281
SO. 14
j$1.54
shares
of
of
in
at
on
or
$28.25
before March
per
share
13
on
17
for
COMPARATIVE
the
one
revenues
share
for
Feb.
$3,630,575
2,978,232
2,864,287
$246,052
$189,442
$916,034
3,848
2,433
16,191
10,049
$249,900
Bal. to com.
shs.
Earnings
—V.
pfd.
$191,874
$932,225
$776,337
159,154
204,723
event
be
41,815
48,884
$101,176
$489,826
$412,460
10,770
In
stk
10,800
43,170
43,200
p.
A
$90,376
$446,656
$369,260
126,200
151.440
$0.83
126,200
$0.72
offered
at
$2.93
99.103
equipment
&
was
maturing
Jersey—Equipment
of
trust
from
a
new
issue
certificates
April
1,
of
1951
Trust Certifi¬
of
$1,350,000
1950,
series
to
Philadelphia Plan.
awarded to the
group Feb. 23
other
for
bid
24oS.
at
with
Dana
net
$10)
issue
$10)
the
expire
to
3
its
P.M.
common
extent
than
with
to
be
and
at
the
SEC
offered
to
(MST)
that
500
1950.
Bank
of
officers
March
on
not
6,
such
shares
be
6,
Denver,
direc¬
1950,
for
are
so
to
for
Sub-
and
subscribed
shares
10,690
share
share
one
March
on
of
per
of
employees,
stock
sale
$28
basis
for
by
the
available
offered),
subscription price.
such
Employees and officers
for such shares of common
installment basis
extending over
months, such installments to be
proceeds
construction
to
pay
an
paid
payroll
for
the
and
extension
existing
1949
will
program,
lines, sub-stations
deductions
be
of
authorized
and
to
finance
to
new
other
in
expenditures
distribution
service
facilities
expenditures
used
including
other
customers,
corporate
part
for
facilities
by
the
trans¬
which
for
are
the
purposes.
de¬
Dur¬
for
to
Present
Financing)
Authorized
Outstanding
bonds, series B, due Aug.
*
—
connection
with
^
payment
subscribed
the
sale
and
since been issued
shares
amounts
and
presently
offered
of
were
basis.
for
$1,300,000
As
...
amended.
21,429
of
Dec.
unissued.
are
shares
subscribed
31,
Of
to
of
1949,
this
common
stock
in
by employees and officers
there
amount
werer 300 shares
s'hares
130
have
now
outstanding, making a total .of 74,633
which adjusted to include shares now
shares.—V. 170, p. 2127.
outstanding,
to
85,523
Colorado Interstate Gas
Co.—Merger Proposed—Plans
Construction Program—
Federal
company
River
(2)
(1)
Gas
to
Power
Commission has been asked to
authorize
this
acquire all the natural gas
facilities of Canadian
and, contingent upon approval of
the
to
Co.
construct
hopes
facilities
The
quate
complete
for
is
the
filed
necessary
to
financing base
which
of
available
estimated
the
to
gas
to
application,
is
175-mile
a
natural
Interstate
to
proposed
transmission
Rocky
the
enable
for
construction
1950-1951
jointly by
the
cost
line
Mountain
heating
the
Colorado
proposed
$8,645,000,
two
merger,
would
carry
which
market
in
aiea.
time
Colorado
to
have
companies,
says
Interstate to secure
pipeline construction
plus
the
that
the
season.
an
approximately $3,583,000
additional
ade¬
an
program,
investment
in production and
gathering facilities.
the
proposed merger plan, Colorado
Interstate will acquire
Canadian River's
outstanding common stock from Southwestern
Development Co.
As
consideration, Southwestern will receive all the
liquid hydrocarbons contained in
the
natural
gas
now
owned
Canadian River in the West
by
Panhandle Field, and in other
instances,
marketing rights and a share of the
proceeds in connection with
the
extraction
was
submitted,
viz.;
Halsey,
on a
The
bid of 99.308.
Stuart
&
Co.
Inc.,-
Associated with Salomon Bros. &
Hutzler in the
offering are: Drexel
Co.; Union Securities
Corp.; and Stroud & Co., Inc.—V.
171, p. 555.
of
and
sale
of
other
liquid
hydrocarbons.—V. 170,
p.
1188.
Columbia Broadcasting
System, Inc. (& Subs.)—Earns.
53
—52
Profit
before
Federal
Net
income
taxes
Number of class
Earnings
per
—V.
p.
Jan. 1, '49
$7,634,100
taxes—
$8,141,682
3,100,000
3,450,000
income
170,
WeeksEnded
Dec. 31. '49
$4,184,100
A
and
share
2022.
Seibert,
per
corporation.
B
shares—
Weeks
Ended
Jan.3,'48
$9,520,104
3,600,000
1,717,352
$5,041,682
1,717,352
$2.44
$5,920,104
1,717,352
$2.94
$3.45
(Reg. U. S. Patent
Office) William B. Dana
President; William D. Riggs, Business
Company, Publishers, 25 Park Place, New York
8, N. Y., REctor 2-9570.
offices:
Manager.
135 S.
La Salle
Published twice a week
Herbert D. Seibert, Editor and
St., Chicago 3, 111
[every Thursday
(Telephone State 0613); l
(general news and advertising issue)
Publisher;
as
with
a
second-class matter
statistical
Drapers' Gardens, London,
issue
on
February 25, 1942, at the post office at
E. C., England, c/o Edwards &
Monday].
Other
New York, N.
Smith.
American Union,
Copyright 1950 by William B. Dana
Y., under the Act of M arch
$35.00 per year; in Dominion of
Company.
3.
1879.
Reentered
Canada, $38.00 per year.
Subscriptions in United States, U. S.
Other
Possessions, Territories and Members of PanNOTE: On account (f the
Countries, $42.00 per year.
fluctuations in the rates of
exchange, remittance for foreign,
subscriptions and advertisements must be
'William
the
($5
par
Under
1965, was
made on Feb. 24
by an underwriting
group headed by
Salomon Bros. &
Hutzler, subject to approval nf the
Interstate Commerce^
Commission. The certificates are
priced to yield from
1.55% to 2.80%, according to ma¬
turity and are issued under the
issue
at
the
the
time
all
Offered—Offering
21/2%
$2.95
358.
Central RR. of New
cates
$125,293
151,440
.
sh.
sold
notification
the
on
will
offer
more
1949, certain shares
a
merger
outstanding-
per. com.
171,
to
to
will
mortgage 27/s%
The
40,344
stk.
right
$1.75
33s% bonds, series
C, due Aug.
1, 1976
■>
600,000
3"e % sinking fund
debentures, due Nov. 1, 1963
$600,000
585,000
Common stock (par
$10)
100,000 shs.
85,523 shs.
"'Additional issues are unlimited
except as provided in
company's
indenture dated as of
May 1, 1939, as supplemented and
$766,288
$136,063
on
the
and
notification
be
(par
(par
1950,
Rights
additional
.1, 1976
First mortgage
1949—12 Mos.—1948
$3,894,266
261,797
of
to
financing the
of
'
so-
180.602
have
share
750.
p.
stock
8,
subscribe
to
011
803,846
deductions-
for
stock
monthly or semi-monthly
employees or officers.
First
each
$993,287
income
in
paid
CAPITALIZATION
102.
776,929
income
would
common
stock
letter
a
company will be permitted
subscribed for by them on
period of not more than 12
t
$1,022,981
exps. and tax.
be
property additions amounted to
$543,975 and the
company's budget for ,the year 1950 estimates
prop¬
erty additions
amounting to $500,000.
The company is not now able
to state when
additional financing will be
undertaken or the nature
or
amount thereof.
ACCOUNT
1949—3 Mos.—1948
paid
2.
p.
letter
a
—.
of
stock
new
authorized
common
proposes
the
velopment of
ing the year
were on Feb. 24
given the
10,590 shares of additional
basis
INCOME
one
filed
filed
7
held.
warrants
110
required
$1.15
171, p.
common
common
Feb.
record
the'right
mission
$2,513,759
$0.13
held.
paid
6
(Giving Effect
$306,830
1949.—V.
be
would
would
share.
804,348
$291,623
income
Divs
proposed
100,000
of
shares
additional
Net
One
CAPITALIZATION—The
1,000
22,632
}
15
of
per
on
company
company's
73,494
on,
next,
participating non-callable
limited
a
machine
capital.
consists
1,399
income
Gross
the
dividend
March
555.
offered $15,000 6% cumulative
preferred stock at par ($1 per
its
$4,927,333
stock
stock
Operating
Operating
preference
Offered—Leon¬
Washington, D. C., in January publicly
establish
$5,982,443
3,970
Period Ended Dec. 31—
issue
Calon Corp.,
Washington, D. C.—Stock
ard H.
Whitaker,
to
$525,936
78,540
would
addition to their
preemptive subscription rights
mentioned above,
stockholders of record Feb.
8, 1950, will be given the
further oppor¬
tunity to subscribe at'-^the same
price for the balance of the
shares
of
common
stock
not, issued to
satisfy the exercise of warrants or
sold to
employees, officers and directors of the
company.
The unsubscribed
portion of common stock offered
hereby may be
sold by the
company at any time at a
price or prices of not less
than $28,00 per
share, prior to payment or allowance
by the company
of such
underwriting fees, commissions or discounts
and expenses in
connection
therewith as may be
approved by the President of the
company.
Such
underwriting fees, commissions or discounts and
expenses are to be paid from
the proceeds of the
sale of such unsub¬
scribed. shares,
$21,336,534 $20,428,714
11,016,986
11,981,25 i
4,337,105
3,520,119"
317,433
been
In
1949—12 Mos.—1948
$1,865,734
1,022,365
has
*
$1,952,178
1,048,856
375,963
2.177,459 shares at Dec. 31,
Operating
three-
shares
June
management
the
and
and
Feb.
the
the
v$2.96
800,000 shares)
debentures
company
for
through
50 L, 606"
$531,329
com.
"
.2%%
certain
$3.03
(on
23/sS.
Union
Plan—
debentures
present
shares
Feb.
on
additional
shares
(but
$2,367,048
com. share
per
shares
-
.
January offered 1.400
share, the proceeds going
same
to
5V2%
deadline
stocks
PURPOSE—To
$2,421,500
The common
stockholders of record Feb.
Com.
convert
common.—V.
purchase
$301,802
require.
right to subscribe
Other
preference stock had converted
10. last, and 2,937 shares of
5V2 %
by
of
holders
2,868,654
$370,163
dividend
'-Based
time
requested.—
10.
conversions
1949
the
S313.789
;
Buffalo, S. C.,
may
the
a
501,606
share
of
on
$28
directors
seven
tors,
1950—12 Mos—1949
$18,011,868 $17,087,010
3,536,068
3,185,113
5.60%
converted
company
The
now
41,800
in
per
462.
p.
by Feb.
5.60%
shareholders
preference
360.514
for
Co.;
company
convertible
debentures.—V. 171,
stock,
$1.23
Union
16.
of the
the
of
common
Feb.
reduced
-
the
reorganized
the
underwriting is involved.—V. 171,
shares
stock.-—
41,800
income
Earnings
875,565
$1.20
between
Charlotte,
stock
holdings into
announced
stock
preferred
2,923,106
462.
Balance for
$1,343,733
reopening of proceedings
stockholder.—V.
of
on
343,602
stock
California Electric Power
Co.—Conversion of Stock—
Holders
dividend
for
sciiptions are payable at The United
States National
Denver, Colo
355,589
income
Income
their
for
&
at
convertible
5%%
and
five
new
corporation
The
$0.35
common
$8,927,591
Butler's, Inc., Atlanta,
Ga.—Secondary Offering—
R.
Gross
present
each
of
covering 10,090
stockholders at
1949
$0.61
value
par
99.109
555.
p.
Colorado Central Power
Co.—Files With SEC—
Co.—Earnings-—
Inc.,
expan¬
7,428,717
shares
Commission
hearings
634.
p.
of
No
each
associates.
used
postponed to March 6 the effective date
of its
company's abandonment of 14.2 miles of track
Pride, s. C., and the sale to
Southern Ry. Co.
The
which
140,
$10
404.035
——
operating income
Non-oper. income (net)
of
Drexel
171,
Corp.—Group Files
Court
used
1,318,437
"
of
1950—Month—1949
$1,860,806
$1,737,271
revenues-—
bid
a
are:
Inc.—V.
covering 3,060 shares of common
share).
The proceeds are to be
shares to
expenses
taxes
group
Chemical Crops, Inc.,
Morrill, Neb.—Files With SEC—
The
increase
2,401,148
—_
providing
Net
l
and
$100,000.
to
Central Ohio Light & Power
Co.—Rights—
remaining 4.6 miles
within
V.
on
outstanding debt and
462.
p.
submitted
Co.,
of' reorganization
District
interest
amount
The
retire
stock
shares
after
&
SEC
Central Maine Power
Co.—Earnings—
Union-Carolina RR.
Co.—Abandonment Post¬
Union
interest;
exchange
face
$24,405,640 $20,339,703
common
pet* common
171,
S.
5%-
with
to
29,
of
taxes—
Period End. Dec. 31—
authorizing the
between
and
pfd.
Earnings
common
The
order
of
and
3,764,480
income
on
—V.
2021.
poned—
share
on
p.
U.
PURPOSE—The
$8,737,661
—
1,094.456
Dec.
299.
p.
^
1
875,565
on
Privately—On
1950
—————
$1,308,944
share
780,440
$4,089,889 1 $3,365,149
was
to
income
Total
1949
taxes—
income
per
170,
Balance
Subs.)—Earnings—
Dividends paid
Earnings
Feb.
on
and
and
____
Net
used
revenue
Divs.
coupon.
Placements,
Toronto,
funds
——
and
loan
Interest, etc., deductions
Buckeye Pipe Line Co.
_■
Placed
which
Period End. Jan. 31—
Gross
Gross
preferred-
share
per
Societe
general
Years Ended Dec. 31—
Income
Expenses
4.145,589
830,440
1950,
buy or
$1,000,000 face amount each
year, commencing April
-7% preferred stock
1, 1951.
The
would be undistuibed.
In
addition, holders of the three series of
junior preferred stock,
would receive the
right to buy eight shares of
common
stock of thp
•reorganized company, plus $14 of
new
4%%
income debentures, at a
combined unit price of
$18.
These new 4'/2s would be
junior to the
present 5V2S.
completed in 1948 and falls
15-year period.—V. 171, p. 190.
charges
also
Stroud
plant
the
past-due
of
23/a%'
a
2%%
a
1003.
p.
$6,019,677
4.920.329
of
99.308.
offering
call
January—
per
the
of
and
amended
with
all
$1,700,000 at 3%% was ob¬
the Metropolitan Life
Insurance Co. to pro¬
be
Trust
Richmond, Va., by a committee
-Holders of 6%
preferred stock.
The
Committee, of which
A. Kelly is
Chairman, recommends treatment of
security holders
follows:' Holders of
as
113,585
.
will
Equipment
the
H.
$5,906,092
132,832
Central Illinois Light
British Columbia Electric
Co., Ltd.—Stock Offered—
An
'
$7,109,765
,
'-Based
17,213,173
12,612,030
Hutzler
Inc.
749.
p.
263
$596,527
497,548
433,381
pfd. stock for the period
to
of
Inc.
Central States Electric
An
filed
20,654,265
in¬
source
outstanding
18,532,240
780,401
Bros.
Co.
&
Corp.;
$26,560,357
$6,976,933
4,176
additional
after
"Profit
12,029,532
Feb. 24 publicly offered
$2,832,000 2V4% equip¬
ment trust
certificates, dated April 1, 1950, and due $118,000 each April 1 and Oct. 1
from Oct. 1, 1950 to
April 1,
1962, inclusive.
The offering is
subject to the approval
of the ICC, and was
made at prices to
yield 1.25% to
2.60%, according to maturity.
The group was awarded
the issue on Feb. 23 on a
bid of 99.16.
and
bid
Co.
Holders
proceeds
Profit
on
Other bidders
$596,264
Sales
167,211,604 154,876,017
135,931,772 125,028,307
Belt
coupon,
a
&
members
1950—12 Mos.—1949
Caterpillar Tractor
Co.—January Earnings Higher—
Month
Ry. of Chicago—Equipment Trust
Certificates Of¬
fered—Kidder, Peabody & Co. and New York Hanseatic
Corp.
on
Stuart
Halsey,
Other
stockholders
461
p.
the group
business
any
new
1965.
full
working capital.—V.
24,997
income
with
$29,733,389
22,756,456
1,844,097
$675,093
Corp.—Loan
over a
The
155,151,231
charges——
171,
connection
Casco Products
Corp. — Notes Placed
Privately—The
company has placed
privately $2,000,000 of 314% serial
notes due to Jan.
15, 1960 with the Prudential Insurance
Co. of America.
1949—12 Mos —1943
167,566,115
—
Net
in
462.
an
of
Net
foreign country, patent rights, licenses,
copyrights, trade marks and
$679,269
after
p.
same
due
•
32,885
—
patent
new plant construction.
This will
concurrently with the original loan of $7,500,000 from
the
its properties
on
13,914,144
__
other
acquire,
letters
vide further
funds for
1949—Monih—1948
Operating revenues
Operating expenses—Operating taxes
and
"To
of,
a
Cer¬
associates are
Interstate Commerce
issue of $1,815,000 Central
Railroad
maturing from April 1, 1951
The certificates will be issued
under the Phila¬
delphia Plan and are priced to
yield from 1.45% to
2.70%, according to maturity. The issue
was awarded to
to
use
processes,
2,016,904
(not)__
tained from
Pennsylvania—Earnings-
15,874,541
rev._
Commission,
Trust
3
and
Light Co.—Earnings—
revenues-.
income
1949,
Eighth Ave., New York, and at 45-55 Pearson
St., Long Island City, N. Y.—V.
165, p. 2131.
Bell Telephone Co.
kind
and
Pennsylvania—Equipment
Company of Pennsylvania
Series A, 2%% certificates
share.
Planned —New
insurance company
an
500-14
lease
every
dispose
—_
earnings
per
749.
p.
sell,
description."
Balance
Realty Corp., real estate subsidiary, has ob¬
blanket first mortgage loan of
$2,000,000 at 4%
for 15 years from
at
171,
and
1950—Month—1949
$2,691,997
$2,440,361
taxes—
deductions
Dividends applicable
instead
—'V.
Co.—Subsidiary Obtains
The Elbeco
oper.
income
run
&
of
otherwise
useful
or
&
terest
,
(Ludwig) Baumann
and
.
Carrier
Consummated
class
or
and
to,
devices
of
tificates—Salomon Bros. & Hutzler
offering, subject to approval of the
par
in Delaware.
Its
prin¬
Trust- Building, 15th and H
"manufacture,
and
every
Gross income
such
leases
approximately $8.71
Chairman Elected—
See
relating
stock,
no
amounts
1949,
Union
to
any
years.
.
on
limited
for
Other
aban¬
doned have been
charged to expense in lieu of actual cost of lease
pur¬
chases.
Based
of
of
revenues
exps.
Net
$6.42
President, announced on Feb.
17
that
change in accounting methods adopted
leases
Oper.
$14,852,469 $14,273,691
$7.96
outstanding
the
present
in
Central RR.
C.
license,
or
value
par
preferred
the
sold
$1
Securities
1948
Loucks,
reflect
be
corporation,"
Operating
1949
faxes
of
47,578
Subs.)—Earnings—
income
retire
D.
signs
improvements
names
this
lease,
States
to
will
July,
the
5,
organized
merchandise
assign,
United
shares
participating
used
in
in
display
Period End. Jan. 31—
(&
Federal
shares
Dewey
1,
to.
share—
per
earnings
amounted
year
Year Ended Dec. 31—
'Earnings
ot
$529,261
located
was
50,000
preferred stock
Carolina Power
Barnsdall Oil Co.
Jan.
and
sell,
the
2210.
p.
CHRONICLE
needed.
Washington
and
inventions,
profit
Depreciation charges for the
Net
of
trade
Net
—V.
use,
9,138
income--.
on
are
Streets, N. W.,
Corporation
—
and
non-callable,
CORPORATION—Organized
Operating
FINANCIAL
stock
dividend,
common
common
794,611
—
expense
$1
6%
30,
1949
machines—
$1,827,709
—-—'
and
of
NOV.
voting
expense
Administrative
COMMERCIAL
(847)
Automatic Voting Machine
EARNINGS FOR
Gross profit from sales
and
THE
made
in New
York
funds.
Columbia Gas System, Inc.—To
Detroit Edison Co.—Notes Placed
Reclassify Stock—
Feb. 17 applied to the SEC for authority to
amend its certificate of incorporation so as to reclassify and change
1,000,000 shares of its unissued common stock (no par) into 1,000,000
shares of unissued preferred stock ($50 par).
The presently authorized
capital consists of 30,000,000 shares of no par common stock, of which
14,798,174 shares are issued and outstanding.
The company proposes
to solicit stockholder approval of the amendment.
While the
corporation anticipates that additional equity financing
of its construction program will be required in 1950, it has not deter¬
mined whether or not part of such requirements should be obtained
from the sale of preferred stock.
Such determination wlil be made
when
the financing
"is closer at hand and market conditions and
other factors can be
properly evaluated"; but the company "believes
that the stockholders should be asked to authorize preferred stock at
the next annual meeting (April 27) in order that it might be available
for issue if necessary."
Any such issuance of preferred stock would be
subject to specific SEC authorization at that time.
The SEC has given interested
persons until Feb. 28 to request a
corporation
The
on
i
hearing.
from Parent—
Subsidiary Seeks to Borrow
proceeds
750.
,
Loan—Bond Redempt'n
Conservative Water Co.—Bank
the redemption on
wilh
company
Consolidated Edison Co. of New
York, Inc.—Seeks SEC
Approval—
would
it
which
under
agreement with
base price of
has entered into an
purchase this stock for
Consolidated
Island.
Staten
a
Island also has outstanding
40,000 shares
4.90% series cumulative preferred stock, $100 par.—V. 171, p. 750.
of
Staten
$10,720,000.
on
stock
subsidiaries have applied to the SEC for
borrowing for construction purposes.
Under
the
proposal, Consolidated would borrow $14,000,000 from
four commercial banks during 1950 and issue therefor its "2%
Notes
Issued Under
Bank loan Agreement of Feb. 1, 1950."
The Peoples
Natural Gas Co. would then borrow $6,000,000 and New York State
Natural Gas Corp. $8,000,000 from Consolidated,
the borrowings by
the subsidiaries to be made from time to time during 1950 a»
their
construction
needs
may
require.
Notes to be issued by the sub¬
sidiaries to Consolidated also would bear interest at 2%.
The SEC has given interested
persons until March 9 to request a
hearing.—V.
170,
—V.
Stock Rights—The
exercise of rights, and employees took an
addi¬
of a total offering of 454,457 shares,
the company announced on Feb. 21. During the subscrip¬
tion period the underwriting group headed by Morgan
Stanley & Co. purchased and exercised rights for 120,625
shares, and sold 126,344 shares. The net unsold balance
tional 21,287 shares
11,243 shares is expected to be placed with investors
jin Michigan.
of
COMPARATIVE
2.112,330
income
1,572,188
1,239,813
19,337,224
15,423,350
$87,063,765
17,736,324
13,876,720
280,754
3,369,192
right
171, p.
Balance
Earnings
per
•-V.
171, p.
$959,059 $12,054,159 $10,884,195
$1,453,534
——
shares
4,544,57.6..
4,544,576
$2.65
outstanding
share
$2.39
556.
its
—
Stockholders Ap¬
prove Liquidation—
Light & Rys. Co. below.—V. 171, p. 750.
'
Continental Insurance Co.—Exchange Ruling—
directors
The
$10
par
have
to
value,
the
declared
a
dividend
of
25%
capital
in
stock, of
prior
Feb.
to
decision,
that
effect,
holders
the
of an order denying
recapitalization and the
issuance
stock
the plan could not be
among other things, for a 87%stock among the preferred and
73.8%-26.2% allocation provided
in
the
of
lieu
- >
-
allocation
an
present
of
as
common
much
stock
as
of
13% of the new common to
Eastern "is unfair and in¬
660.
p.
.
the
granting
for
presented
been
has
171,
petition
for
v r
and
exps.
Utility
$5,367,291
4,047,923
$61,249
3,927
taxes-
$5,869,795
4,329,482
$71,940
2,302
$1,540,313
17,049
$1,319,368
40,811
income-
oper.
income
1949—12 Mos.—1948
$441,396
369,457
(net)
income
$1,557,362
202,694
23,299
$68,242
$1,192,976
67,500
$1,281,168
$3.35
5,999
$39,877
$1,360,130
167,204
$1,348,658
67,500
$74,241
$63,176
—
deductions
Income
dividend
Earnings
—V.
requirements—
applicable to
Balance
~
stock and surplus
shares)
4
com.
(381,994
share
per
171,
in
increase
the
the
its
$10
value,
par
of 33Vb%
dividend
in capital
stock,
1950
must
1950,
20,
due-bills must
all
that
March
to
prior
redeemed March 22, 1950.—V.
be
and
by ^due-bills;
accompanied
be
170,
ish Patent
sales
——
—
after all charges
$3.91
$1.95
share-——.
common
per
attributed the reduction in 1949 sales
to "price uncertainty which became
last spring and summer.
Mr.
Wadely pointed out that Firth had spent $3,651,655 on plant,
improvements and additions during the past four years.
Plants are
now
completely modernized and in excellent condition, he said, and
only $200,000 remains to be expended in 1950 to complete the pro¬
gram.
'
He
described Firth's financial position as strong, stating that the
ratio of current assets to current liabilities is 4-to-l against a ratio
of 2-to-l at the end of 1948.—V. 170, p. 2024.
Harold
Wadely, President,
E.
from
income
to
in
level
1948
the
statement
filed
was
on
Feb.
16 with
the SEC
cover¬
voting trust certificates for 2,815.6 shares of common stock
Voting trustees are: George E. Roosevelt, Ernest L. Davis
Clayton McElroy, Jr.
'
;
ing
par).
C & S Bonds—
has completed the purchase by' tenders of a total
$1,851,000 Colorado & Southern Ry. general mortgage 4V2% bonds,
according to a report to the New York Stock Exchange by J. C. James,
Executive Vice-President.
These bonds will be pledged with the Re¬
the
double
its
size
of
the
its
cor¬
'
I
Y.—Acquires Brit¬
Rights—
corporation on Feb. 20 announced that it is introducing In
country British-developed electrical radiant panel heating.
recently acquired the patent rights for the United States
and Canada, this company, a wholly-owned enterprise of Mercer Hicks
Corporation, New York brokerage firm of 72 Wall St., New York, N. Y.,
is now appointing distributors in key markets throughout the states
in
this
of
country and
British
origin,
Three
different
executives
in
all
said.
housing
General
be
althoughand
The products,
sale
for
American
in
at
They
will be designed
Standard panels
fields.
will
Canada.
in
manufactured
Bridgeport, Conn.
types of panel heating
Radiant
shipments
the provinces
will
territory
by
will
met
now
Raybestos-Munhattan,
keep
with
step
marketed, company
construction needs
being produced for
at Bridgeport, and
be
to
are
Ic.,
expansion,
distribution
the
announce¬
said.
ment
Georgia Power Co.
SEC
Seeks
Approval of Bond
Financing—
The
competitive
has
bidding,
pioceeds to
be
applied to the construction" program.
of
1950,
V.
171,
construction expenditures aggregating
1952.
It estimates that this pro¬
additional financing before the end
1951 and $16,000,000 more in 1952.—
contemplates
company
during
will
authorization to issue and sell, at30-year first mortgage bonds, the
requested SEC
$15,000,000 of
company
1950,
require
1951
and
of
$6,000,000
$18,000,000
in
more
360.
P-
Globe-Union, Inc.—20 Cents
directors
The
the
on
record
declared
have
March
New Stock—
on
of 20 cents per
1950, to holders of
dividend
quarterly
a
payable
stock,
common
March
on
14,
6.
This
prior
the
is
in
dividend
first
December,
the split
to
since
to
25
split its stock twothe stock during 1949
share paid on March 14,
extra dividend of $1 per share
the
company
paid
Dividends
1949.
amounted
on
cents per
June 14, Sept. 14 and Dec. 14, and
paid on Dec. 14.—V. 170, p. 2584.
an
Goodyear Tire & Rubber Co.—1949 in Brief—
domestic
Year Ended Dec.
and
subsidiary companies)
foreign
—
income
Net
Preferred
after
dividends
(paid
$
$
633,505.978 704,875,941
—
20,230,520
2,872,045
8,260,988
share).
per
12,907,991
$10.25
19,599,963
3.2 cents
$5
(paid $4 per share)
24,095,518
2,926,554.
8,260,967
9,097,487
$8.40
charges and taxes
dividends
Common
1948
1949
31—
Remaining
net
retained
in
common
inc.
Capital expenditures
erties
and
Working
Book
ratio
asset
capital
value
per
of
'Taxes
the
during the year
plants.
dollar of
per
24,617,428'
business
stock
Earnings per share of
sales
at
at
for prop¬
Dec.
6.5 to 1
262,045.036 256,197.475
share
at
Dec.
$73.25.
$76.18
76,666,863
31
kinds
all
3.4 cents
7 to 1
:
._
31
Dec.
common
31
—
90,206,052
69,171
72,039
Total compensation to employees for the year— 190,471,637 203,979,540
Number of preferred and common shareholders
45,749
45,700
number
Average
'Including
and foreign
of
during
employees
excise
Federal
and
year
social
taxes,
income
security
taxes
taxes.
NOTE—The
$75,000,000
revolving
credit
arranged
1946
in
with
a
of banks, which was available through Oct. 15, 1951, was can¬
it was no longer considered necessary.—V. 170, p. 1082.
group
celed
as
Governor Clinton Co., Inc.—To Buy
The
directors
have
accepted the offer of H.
the
to
700,000
corporation
of
a
Bonds—
President, to
Cantor,
B.
,the 15-year 2%
fixed income mort¬
price of 85 and such transaction has-
consummated, it was announced on Feb. 23.—V. 170, p. 2025.
company
orders
Finance
the
of
Southern
a
than
to
The effect
This
of
(no
and
investments
further
'
been
Crestshire Corp., Phila.—Registers With SEC—
retain
time
same
Having
carpet industry
the
Fort Worth & Denver City Ry.—Buys
This
add
proposed
"is to
a
$2,935,000,
to
the
at
by its board of directors.
more
now
settlement of Exchange contracts made
1950,
must be accompanied
by due-bills; and
be redeemed on March 22, 1950.—V. 170, p. 2023.
1950, in
includes
which
$1,785,000
and
this
Current
1949
1948
$16,044,997 $21,216,177
1,143,104
2,275,654
Year Ended Dec. 31—
income
by Stone & Webster
underwriting terms are
and
1597.
'
^
by
(and)
,
be
p.
■
Income
Earnings
,
would
program
poration."—V.
170, p. 593.
Earnings Lower—
Firth Carpet Co.—Sales &
Net
loan
corporation
.
Sales
quoted ex said dividend until March 20, 1950; that all certificates
28, 1950, in settlement of Exchange contracts made
not
underwritten
be
Stock
York
New
a
With SEC—
registration statement with
of 1,250,000 shares of common
v.-".
holders of capital stock of record Feb. 28, 1950,
(scrip to be issued for fractional shares).
Exchange directs that the capital stock be
to
payable March 20,
The
declared
have
made
was
a
offering
to
is
bank
the
of
character
this
of
$2.95
change Ruling on Stock Dividend—
of
public
stock
present
size
(Including
directors
$7,500,000
of
$1,125,476
Fidelity-Plienix Fire Insurance Co. of New York—Ex¬
The
the
filed
17
portfolio as and when authorized
359.
p.
of
increase
for-one
income
Prefened
Feb.
Corp.; the public offering price
supplied by amendment.
The purpose of
the present financing,
share
Gross
repay
be
to
The
$458,307
397,058
revenues
will
par).
sale
gram
1949—Month—1948
Period End. Dec. 31—
it
3
Service Corp.—Registers
on
proposing
(10c
The
$93,550,000
El Paso Electric Co.—Earnings—
April
on
prepayment
Securities
found that
Commission
the
basis
Operating
Public
corporation
SEC
Canadian
for
the
of
that
557.
p.
bonds due Sept. 1, 1952 at
20,
registration
16. announced
stockholders
construction
A
the
additional
an
171,
sell
that all due-bills must
(The)
shares,
unsubscribed shares.
equitable and contrary to Section 11 of the Holding Company Act."
The
Commission's order denying the petition concluded that
"no
Other
1.—V.
gage
28,
March
lor additional
subscribe
to
parent, will purchase any
rehearing was filed by F. C. Duxnaine, Jr. and
Pierrepont B. Foster, individually and as a committee for the holders
of the 6%
cumulative preferred stock of Eastern, and contended, in
of capital stock of record Feb. 28, 1950,
(scrip to be issued for fractional shares).
Exchange directs that the capital stock be not
Quoted ex said dividend until March 20, 1950; that all certificates de¬
after
full,
in
if
privilege,
subscription
•
Feb.
on
petition
oper.
$50,000,000^
1950
York Stock
The New
exercised
conditional
a
plan.
The
Repay $92,500,000 Notes—
announced
holders
payable March 20,
livered
is
have
approved unless modified to provide,
13%
allocation of the new common
in
1
20-year 2.55%
General Radiant Heater Co., Inc., N.
also
for rehearing upon the plan for
decision thereon of Feb. 3, 1950.
widespread"
See United
of capital
of three shares
York, is sub¬
shares
the basis
102.
SEC
petition
and
Continental Gas & Electric Corp.
June
of its
Manufacturers Trust Co., New
Commission's
Net
Common
the right to sub¬
Eastern Gas & Fuel Associates—Petition Denied—
2,992,526
280,754
pfd. stock
on
$8,131,203 $94,323,833
$9,513,264
— —
income
Dividends
1950—12 Mos.—1949
1,734,288
revenue
Gross
additional
share on
per
given
delivered after Feb.
INCOME ACCOUNT
1950—Month—1949
Period End. Jan. 31—
Gross
been
375,000
for
9
$13.50
have
14
2224.
p.
Consumers Power Co.—Exercise of
Net
at
United Gas Corp.,
The
a
stockholders have subscribed for 416,208 shares of com¬
on
Feb.
to allotment.
The
Net
mon
March
shares held.
stockholders
The
temporary
-
be
scription agent.
two of its
make
to
will
last
leverage
Potash Co.—Rights to Subscribe—
record
valuei
par
four
rehearing."—V.
Consolidated Natural Gas Co.—Seeks Bank Loans—
This company and
of
before
or
(no
each
adequate
authorization
completed
stockholders
common
application filed Feb. 16 with the SEC, this company requested
to purchase
Staten Island Edison C®rp. from General
Public Utilities Coip.
GPU owns all of the 325,000 shares of outstanding common stock
an
authorization
GPU
be
to
Duval Sulphur &
The
In
of
on
$5,000,000
new
a
expected
Feb.
on
notes due 1964.
The loan, originally
totaling $150,000,000, was obtained from insurance companies as part
of a $200,000,000
financing program arranged in 1946 in connection
with postwaj- reconversion and expansion.
The remainder of the 1946
financing consisted
of
$50,000,000
in
five-year bank loans,
which
were paid
off.
Following the April 3 payment, balance of those notes outstanding
The
Co.—$5,000,000 Ammonia Plant—
outstand¬
1, 1950, of the
Jan.
ing 1st 6s, due July 1, 1953, the company obtained a 5% bank loan
of $77,000,
payable $2,500 or more quarterly and the final balance
due on Jan.
1, 1955.
The remainder of the founds for the bond
redemption was supplied from cash on hand.—V. 119, p. 329.
In
President and re-elected as Chair¬
been President for 25 years.—V. 170,
Feb. 20 announced that construction has started
ammonia plant at Freeport, Texas, which is
and in production by late 1950.
The new
plant
will make available refrigeration grade and
technical grade
anhydrous ammonia in tank-car quantities as well as quantities of
aqua ammonia to industrial and agricultural consumers in the South
and the Mississippi Valley.—V. 171, p. 359.
The
on
subject
connection
to finance
company
$92,500,000
General
primary
In
and
as
who had
Phillips,
Dow Chemical
hearing.—V.
p.
The
785.
p.
for
171,
loans
directors
Elliot S.
man,
bank
repay
Raynolds Co., Inc.—New President, etc.-—
on
Feb. 23 elected W. C. Dabney, of Louisville, ky.,
Devoe &
The
bearing advances owing to Columbia, which latter
were used by
Binghamton for construction purposes.
The SEC has. given
interested persons until March 1 to request a
off noninterest
pay
be used to
171, p. 751.
to
are
costs.—V.
wblo.was Senior Vice-President,
scribe
.
proceeds of such borrowings to
Binghamton firm would use the
The
The
to
notes.
.
companies.
ance
construction
Inc. and its subsidiary, Binghamton Gas
the SEC for an order authorizing Binghamton
$1,000,000 from Columbia on its
installment promissory
applied
have
to borrow
General Electric Co.—To
Privately—The com¬
has made arrangements to sell privately $30,000,000
of 3% promissory notes due Oct. 1, 1979 to eight insur¬
pany
System,
Columbia Gas
The
Works
Monday, February 27, 1950
CHRONICLE
FINANCIAL
&
COMMERCIAL
THE
(848)
4
The purchase was made pursuant to
having jurisdiction of the Colorado &
debt adjustment plan.
Fort Worth is
171, p. 557.
court
voluntary
C&S.—V.
subsidiary of
Columbia, Canada
—Registers With SEC—
Corp.
special
Railway's
Granville Mines Corp., Ltd., British
The
corporation
Feb.
on
16
filed
registration
a
with
statement
the
SEC
covering 100,000 shares of common, nonassessable, stock (50c par
for sale to the public at 35 cents per share.
An 8-cents-pershare underwriting commission is to be paid.
No underwriter has yet,
been secured.
Of all net proceeds 75% will be used for the purchase of
value),
mining machinery and the balance held for working capital.
General Baking Co.—Earnings—
53 Wk. End. 52 Wk. End.
Dec.
Crystal Oil Refining Corp.—Earnings—
1948
$143,951
$50,057
48,230
35,651
19,726
2,738
$75,994
income
Total
expense
Provision
•___
for
J__—
—
income
_
$11,668
_
tax
Net
sales
and
Costs
Income
expenses
sales
Earnings
Net
and
—V.
$64,998,260
—
before
after
earns,
income
12,246
23,057
Federal
4,783,974
1,716,000
7,524,363
2,830,000
$77,345,618
21,036,360
17,542,437
26,555,632
15,108,988
3.332,723
12,188,296
3,067,974
dividends
Common
Earnings per
Colo.
—
Files With
SEC—
A
letter
of common
the
estate
p.
was
filed
on
stock to be sold at $32.50
of
underwritten
165,
notification
of
Arthur
by
Bosworth,
H.
Bosworth,
Sullivan
Feb.
13
covering 2,404
shares
per share, the proceeds to go to
deceased.
The offering will be
&
Co.,
Inc.,
Denver,
Colo.—V.
Lead
Consolidated
Feb.
13
covering 863,000 shares of
Mining
Co.,
Los Angeles,
per
share).
The proceeds
ations at Darwin,
Calif.
letter of notification with the SEC
stock to be sold at par (25 cents
to be used to expand lead mining oper¬
filed
a
common
are
No underwriting is involved.
The
of
stock
Authorizes
Co.—FPC
Wholly
Feb.
on
of
company
bidding
all
no
par
received
16
value.
FPC
Date
of
authority to issue $6,000,000
will be on or about
issuance
the
proposes
to issue
to underwriters
shares.
A
who
number of
and
will
sell
the
agree
to
stock through competi¬
make a public offering
shares sufficient
to yield an aggregate
$6,000,000 will be issued, the company said.
proceeds will be used to linance the company's
program.—V. 171, p. 751.
price
of
Years
Ended
Dec.
31—
gen.
and
1949
;
;
admin,
exp.,
Prov.
Cigar Co. of Cuba, Ltd.)
-
allow, and discounts—
Gross sales, less returns,
Cost of goods sold
Selling,
-
-
-
etc
for Fed.
income
on
Profit
Provision
sale
of
before
for
prop.
taxes
taxes
&
on
on
$2,310,339
121,858
104,915
$1,517,528
490,000
$2,415,254
910,000
$1,027,528
other miscel.
income
$1,505,254
350,000
350,000
472,982
709,473
income
:
Net-
profit
income
Preferred
Common
—V.
—
dividends
dividends
171, p.
4.
—,
r-
taxes-
1948
2,386,115
871,487
1946
1947
1,892,346
2,569,653
and State
345,000
965,000
1,050,000
770,000
$526,487
$1,421,115
334,864
taxes
402,924.
'133,632
$10.63
$1,519,653
313,422
$1,122,316
164,909
'115.121
$13.20
69,073
$16.06
1948
$33,542,552 $39,330,293
28,319,306 33,613,254
3,827,576
3,406,700
$1,395,670
inc.
1949
$29,486,299 $35,222,487 $32,292,877 $23,154,798
-
before
Net
Cash
profit
—
dividends paid
Common
shares outstdg.
Earns, per
Balance
construction
Hajoca Corp.—Earnings—
Profit
Inc.—Earnings—
Subsidiary General
Owned
Compion.
1950.
7,
Year Ended Dec. 31—
Calif.—Files With SEC—
.The company on
company
Net' sales
Profit
2797.
Darwin
$2.56
share
common
171, p. 4.
General Cigar Co.,
Fisher Stores, Denver,
680.744
1,569.797
$1.52
—
4,694,363
680.744
1,334,328
dividends
(And
&
taxes—
9,962,2C0
1493.
p.
Daniels
income
profit
Preferred
—V.
contingencies
170,
$103,603,913 $92,269,923
6.030,338
taxestaxes
The
March
tive
Net
1946
1947
1948
1949
7,501,306
Utilities
States
The
Dan River Mills Inc.—Earnings—
Year Ended Dec. 31—
Net
4,771,728
profit
Provision for
1
Gulf
Stock Issue—
common
Operating
Total
1777.
169, p.
105,953,757 110,540,499
101,182,029 103,039,193
,
Miscellaneous
Net
—V.
$
$
"Period—
1949
Years Ended Dec. 31—
Total
31, '49 Dec. 25, '48
'
com.
134,101
$3.93
share—
'Stock dividends, 50%
paid Dec. 1, 1947, and 10% paid Dec.
30, 1348.
Opens New Branch at High Point, S. C.—
The company's third branch in North Carolina has been opened at
High Point, the others being at Asheville and Charlotte.
This was also
the
32nd
link
in
the
chain
of
Hajoca
branches
serving the industrial
supplies requirements of the Atlantic Seaboard.
■'
To establish the High Point branch, the corporation
Rowland Supply
Co.—V. 170, p. 2129.
purchased the
Volume
Julian
(Charles E.) Hires Co.—Changes in Personnel—
Edward
David,
W.
Vice-President,
ceeding Charles E. Hires,
position.
John
President,
R.
becomes
directors
Feb.
14
voted
to
Split Planned—
be
to
The
of
shares
Feb.
on
3 offered
stock
common
oversubscribed.
Any
three
more
split
for
The
or
(no
at
who
Feb.
that
net
$15
First
by employees 20,000
share.
This issue was
per
had
6,
been
with
the
171,
3%, due Oct.
3Ve%, due Jan. 1, 1979
Series
Serial
Stockholder;;
to
been
added
the
to
of
capital
working
record
the
166,
Feb.
14
additional
entitled
are
vote
to
according
stock,
the
on
L.
H.
to
Kansas City
split
Hoffman,
The
charter
holders'
158.
p.
the
5%
558.
and
Corp.—Earnings—
1943
1949
Calendar Years—
United
consisting
sales
and
other
$18,484,333 $18,694,392
income
operating
14,254,203
etc
755,114
1,688.097
insurance,
Taxes,
14,55b,024
815,185
Operating expenses
1,677,723
——
Interest
the
on
303,687
305,598
440,259
417,052
Amortization
Privision
324,900
286,900
debentures
Federal
for
income
taxes
.
The
1.
profit
—V.
170,
$696,001
$657,981
changing
1699.
p.
has
company
exchange
extended
outstanding
from
collateral
Associated
Indiana
oper.
1953,
due
for
its offer
consolidated
10,
new
752.
p.
is
cumulative
of
5%
and
shares
the
five
for
previously
consisted
with
value,
par
that
shares
stockholders
around
rights
April
in
record
of
20.—V.
of
shares
Light -and
March
about
171,
com¬
and
20
will
t
;
subject
amount,
Bonds
Operating
Rent
Kansas City Southern
the terms and
to
Corp.—Earnings—
of this
Kansas
mined
by
the
each,
percentage
at
$22.25
of
subject
the
are
unsubscribed
share,
per
stock
to
of
$368,539
$4,583,003
$4,146,926
2,400
7,857
7,975
$406,859
$366,139
$4,575,146
258,652
3,458,962
revenues
$39,746,238
$18,757,009
6,149,060
11,554,346
2,846,018
33,794,825
8,995,013
debit?——
2,366,151
717,845
debit)—-
9,964
191,370
201,334
(net
Baird
&
The
,
lease
of
Loewi
Net
railway
Braun,
The
C.
A.
Riley
Aim
&
Co
Bell
&
Farrell, Inc.
—
Co
Total
3,113,621
—.—
V.
171,
50
600
600
50.873
48,806
581,918
income.—
charges
income
!
—
after
—V.
charges
171,
$45,396
$58,631
21,189
60,441
^
$533,666
$516,468
295,270
352,043
•
RESULTS
FOR
752.
p.
Railway
expenses-
1,816,763
1,910,832
income-—
788,180
871,436
ry.
An
issue
of
60,000
shares
$32>
(par
&
cumulative
5%
of
offered
was
Inc.,
Co.,
convertible
Canada
in
and
Montreal
at
787.
p.
of Central America- -Earnings—
s.
1950
1949
$229,834
income
171,
170,
1950
$126,321
558.
p.
Placed
The
due
D,
not
may
Finance Corp.,
1949,
May,
in
$100,000
exceed
not
plus
*
1949,
each
dividends
pay
do
ments
Dubuque, Iowa—Debentures
Privately—
company
series
Cas' & Electric Co.—Exchange Offer Effective
20—Unexchanged New Preferred Stock Offered by
this
on
amount
$150,000.—V.
sold
May
privately
from
1
acquire
or
to
earned
to
4%
85
shares
for
1950
such
surplus after May
31
243.
p.
Investment Co. of
at
share
America—Registers With SEC—
Feb.
company on
23
1.000,000 shares
filed
of its
registration statement with
a
shares.—V.
common
170,
the SEC
2584.
p.
Pubilc
Iowa
The company
covering
offered
Feb.
on
50.000 shares
for
sale
at
Co.
(Ia.)—Registers With SEC—
filed a registration statement with the SEC
cumulative preferred stock ($100 par), to be
competitive bidding, which will determine
and underwriting terms.
the
Ceases
as
on
Feb.
SEC
20
companies
cease
The
two
mission
announced
on
and
be
to
that
171,
The
The
bonds
terms.
Net
&
Co.,
which
is
of
offered
interest
Inc.,
is
be
to
for
sale
named
offered
outstanding
at
competitive
offering
the
as
for
price,
principal
subscription
stock.
common
bidding,
and
which
underwriting
underwriter
by
holders
of
The
subscription
to be supplied by amendment.
are
for
series
bonds,
proceeds
York
construction
future
The
B.
from the
New
I,
and
offering the
are
stock
Trust
other
and
property
balance
sale,
Co..
purposes.—V.
totaling
requirements
additions
171,
of
and
the
to be
are
proceeds,
to
used
together
bank
repay
years
.'
79,60 j
15,699
17,487,333
'
18,004,906
14,079,172-
2,270,080
2.157,370
1,581,055
Net income for year_>
Dividend on preferred stock
29,566,694
29,261,121
22,900,691
1,461,187
1,461,187
1,461,187
Dividends
18,783.023
15,684,695
14,116,225
$7.18
$8.86
$6.83
$1,450,000, incurred to meet
to defray part of
the cost
or
for other cor¬
193.
p.
53 Wks.End.
681,541,888
expenses—
709,423,461
103,270,988
—
$825,668,323
96,499,142
9,290,000
——
Jan. 1, '49
$807,739,440
7,929,600
.—
171,
$13,636,564
$11,811,120
$7.42
$6.43
share
696.
p.
Sold—On
Corp.—Stock
Telephone
Crosse
The
made
proceeds
will
Feb.
8,
account
date
of
sold
shares were
by
Nov.
issuance
the
authorized
discharge advances
parent.
P. S.
Commission
stock of
which 15,000
used by the company to
Central Telephone Co.,
28,
1949,
the Wisconsin
be
open
on
Jan. 1, '49
s
Retail
sales
of
shares
25,000
of
privately.
the
end
at
assets
reinvested
of
to
m
current
the
Operating units:
Home
Retail
service
food
Number
of
Number
of
—V.
171,
p.
period.——
10,212,770
4,171,929
4,013,355
86.93
of
letter
shares
Bell
2.3 to 1
common
pp.
pay
filed
was
stock
with
be sold
to
Madison,
Inc.,
be used to
171,
Wise.,
SEC
the
at
Feb.
on
$10.12y2
per
business
1,968,516
,
routes
1,962
employees
1,876
153
—_
6,618
corporation
covering
&
Feb. 16 filed a registration statement with the
shares of capital stock.
Manager of the Fund is
New York City.—V.
170,
p.
2437.
made
of
rotary
plows
snow
type
of
line
new
a
manufactured
of
the
to
Union
since
snow-plowing
Pacific,
the
equipment,
war.
The
first of the 297,000-pound units, all of which are built for
operation, were sent out from Lima-Hamilton's plant at Lima,
Ohio, for delivery to the Union Pacific, where they will be put into
service
road's
lines
1,500-horsepower
said
snow
the
on
The
is
to
represent
plow
built
its
of
in
the
rating
50%
west.
the
of
more
type.—V.
new
170,
removal
snow
than
power
that
of
equipment
previous
any
1<±97.
p.
Aircraft Corp.—Brief Review Operations—•
C. Langley & Co., members of New York Stock Ex¬
descriptive circular reviewing the,
The circular
a
activities and operations of this corporation.
states in part:
The
corporation's
manufacturing
plants
arc
located
at
Burbank,;
Calif., about ten miles from Los Angeles. While the company is mainly
a
producer of military planes, a substantial part of its revenues are
derived from .sales of
"Constellations" to private airline companies. The
output of military planes in 1949 consisted largely of F-80C "Shooting
jet fighters, T-33 "Shooting Star" jet trainers, P2V "Neptune"
search patrol planes, and C-121 "Constellation"
transports.
Among the
models
newer
fighter.
underwriter.
as
The
District
be
Stuart & Co. Inc.
(on Feb.
1.
Lockheed
Calif.,
bidders
Otis
were:
interest. The firm was
16
&
on
Co.,
its bid of
100.127
for
2.
Lockheed
pairs and
Field, L.
covered
and
Robert
W.
from
103.75%
COMPANY—Is
parts
northern
of
Michigan.
to
engaged
100%.
Wisconsin
and
includes
the
and
an
cities
of
40,962 .shares
burse
the
in
in
the
estimated
of
supplying
western
electric
portion
population of
Ironwood,
Michigan
energy
servicing.
I., N. Y.,
by
freight
Service,
Inc.,
and
which
at
airport
an
traffic
It operates
performs all
bases
are
Burbank,
used
is
types of
Burbank,
at
and Keflavik, Iceland.
contract with the U. S.
a
Airquipment
ground handling
platforms. In
hand
1948
trucks,
addition,
Co.
is
exten¬
airplane
re¬
MacArthur
Calif.;
Kellavik operations are
The
Air Force
the
fifth
equipment
such
its
largest
and
are
conducted
loading
as
this subsidiairy acquired
Lockheed
and
ramps
of
by
a
aircraft
maintenance
control of Aerol Co., makers
wheels.
casters and
Aircraft
Corp.
shares,
Corp.—315,937
Finance
manufacturers
together
with
owns
a
57 r<
or
controlling
finance
company
interest
latter's
the
of
subsidiaries is
in
common
reported to be
the
the West Coast and,
on
largest in the country.
fall
of
the
of
one
largest automobile instalment
about
Lockheed
bank
loans
1,076,000
Aircraft
and its
Corp.
of
off
capitalization
only
shares
paid
$1
the
at
$4,000,000
latest
stock
remainder
reports consisted
with em¬
options to purchase 67,875 additional common shares at $22
share.
At June 30, 1949 the consolidated book value of the com¬
par
common
together
ployees'
per
mon
stock, including $10,630,000 capital surplus
surplus,
was
approximately $41
company
notes issued
per
and $32,590,000 earned
share.
has a contingent liability resulting
in
1948
to
banks
payment for
12
the planes and
"Constellations."
from
the guarantee
by Transcontinental & Western
These notes
Air in
secured
by a chattel
due serially to 1953.
From an original
maximum amount of $15,455,000 they have been paid down to approxi¬
mately $10,000,000.
TWA subsequently ordered 20 more "Constella¬
tions"
of
in
on
and
arranged
and
COMPARATIVE
Upper
approximately
for
are
are
the
necessary
the
sale of
the
bonds
and
from
CONSOLIDATED
Year End. Dec. 31—
1948
$
Ashland,
the
sale
common stock are to
be applied to pay or reim¬
in part for the cost of additions, extensions and
the electrio properties of the company.
of
company
improvements to
from
Aircraft
3.
Net
PROCEEDS—Proceeds
operates
and
subsidiaries
bank
loans
Without Lockheed's
guarantee.
principally
The territory has
Inc.,
passenger
mortgage
Beginning in 1951 the company is required to retire bonds annually
for this purpose the bonds may be
redeemed at prices ranging
100.80%
to 100%.
Additional bonds may be retired at prices
ranging
Terminal,
subsidiary, Lockheed Aircraft Overseas Corp.
100.16%.
23/4S,
built.
ever
wholly-owned
business, viz.:
of
sively by the parent company for test flying.
The
100.401 for 21/eS.
Co., Inc.,
Air
interceptors
several
lines
handles
which
fastest
controls
engaged in affiliated
Finance
publicly offered
20
also
fighter and the F-90 penetration
flight-tested for the first time last June and is
was
the
of
one
Pacific
Offered—
Co.—Bonds
Power
the F-94 all-weather
are
The latter
to
Pacific
and
118,000
on
16,000
-
oil
of
Other
Fund, Inc.—Registers With SEC—
.Douglas T. Johnston & Co., Inc.,
share—
this
first
Last
awarded the bonds Feb.
Baird
5,715
6,635
"
752.
'
:
deliveries
stock.
advances from the Central Telephone Co., parent.
1980, at 100.75% and accrued
1,
154
6,114
1
shareholders
.
558.
p.
through
proceeds
from
stores
Johnston Mutual
The
common
covering
15
share
Wisconsin.
SEC
per
stock
common
introduced
and 696.
558
Superior
Halsey,
2.3 to 1
1,985,473
liabilities
12,617,578
5,326
S09 £ipe and the Chicago, Rock Island and Pacific railroads, this
In
notification
of
Farrell,
&
to
are
—V.
$6.66
13,327.459
—
and
has
of
$2,000,000 first mortgage bonds, series C, 2%%, due Jan.
152,990,515
10,604,569
—
Ratio—current
Earnings
$
168,787,620
before all taxes
Earnings after all taxes
Earnings per share of common stock,
Earnings
Working capital
on
f
Files With SEC—
A
839
Lake
Dec. 31, '49
income
Lima-Hamilton Corp.—Introduces New Line—
With?
said
Farrell, Inc., publicly offered and sold the unsub¬
portion of 10,000 shares of common stock (par
$10) at $10.25 per share.
These represented the shares
remaining after the stockholders had exercised their pre¬
emptive rights to subscribe for 900 shares.
Inc.—Highlights of the Year—
52 Weeks Ended
tax
Income
State
Earnings
—V. 171,
of
Jewel Tea Co.,
charges——___
Federal
change, has issued
L
common
per
with
and
247,712
■
income
unxchangeu
scribed
loans
improvements,
3,686,518
831,699
Lockheed
income
on
income
Under
of
The
redemption.
Such,
1950 full quarterly
for
April
Underwriters headed by Kidder,
Bell. &
the
price
3,686,518
for
fran-
752.
p.
general
and
taxes
La
from the bond sale are to be applied to the redemp¬
May 1, 1950, of the presently outstanding $5,745,000 of
mortgage 3%% bonds, series A, and '$1,250,000 of first mortgage
porate
about
Pierce, Fenner & Beane are handling
stock
preferred
sales———
Earnings
Co.—Registers With SEC—
rate,
3,686,518
debt——
taxes
Star"
Net
proceeds
3 'A%
of
be
to
the
shares
as
first
or
1950.
registrations
company
income
the
Dec. 31, '49
Operating
effect."
in
underwriting terms
tion
on
.___
Federal
42,500,474
loans
corporation
April 1,
$110 per-
on
and
(7%)
declaring
have ceased to be
292,517
53,957,313
763,979
funded
on
Fed.
Lockheed
are
Blyth
stock,
100,000
by
holding
order
an
bonds, series C,
determine
the
of
on Feb.
17 filed registration statements with the SEC
shares of common stock (no par) and $7,995,000 first
due March 1, 1975.
50,000
mortgage
will
the
stock
surrendered
stock
receive
redemption
for
preferred
1,
which are
$6 preferred stock
and
called
be
the
Period—
360.
p.
company
covering
and
issuance
companies were merged under a plan anproved by the Com¬
Sept. 8, 1949, and which became effective Oct. 31, 1949.
Jamaica Water Supply
the
the
Gas & Electric Co.
their
379,652
29,435
53,854,209
bank
on
for
Prov.
their
to April
up
Kroger Co. (& Subs.)—Earnings—
of
41,828,305
355,911
31,505
amort,
for
Prov.
W.
—V.
—V.
preferred
also
share.—V. 171,
Cost
Holding Company—
this company and Sioux City
holding
"shall
(7%)
will
for
dividends
the case may be.
as
Sales
700,000.-
53,571,967
303,330
preferred stock to the public at a price of not less than $110
4Va%
per
53,519,374
received
its
52 Wks.End.
proceeds
The
$6
will
exchange of
new
divi¬
will be used to provide a portion of the funds required
for construction purposes and to pay off temporary bank loans of
$1,-
that
sftjfue
annum,
Peabody & Co. and Merr.ll Lynch,
21
of
exchange
per
the
for
per
preferred stock
for
$115
$6
rtxt
full quarterly
offering price
rate,
Net
Service
of
Stockholders depositing
exchanged.
so
dividends for the first quarter of
the
dend
of
deposited
stockholders
The
covering
Other
holders of the preferred stock
will receive
oCflfA
rate
shares
All
1950
share
exchange
at the
not
each
for
operations
dividends
on
■^■^prior
(7%) and
$6 preferred stock an opportunity to exchange their shares for the new
4'/a% preferred stock.
Holders of the preferred stock (7 'A ) will also
disburse¬
The
exchange
of
time.
company
debentures,
1959.
unless
stock
any
available
153,
$300,000
1957
plan
the
The exchange pffer gives the
receive
501,198.715 470,578,932
1,736.165
1,364,185
1,960,550
—
and
$
-
513,771,422
and
chisei' taxes
preferred
stock to be effect.ve as of Feb. 20, 1950.
All preferred stock to be ex¬
changed must be in the hands of the First National Bank in Wichita,
Wichita, Kansas, before 3 p.m., on Feb 28, 1950. Satisfactory response
to the exchange
plan led the company to declare the offer effective
declared
has
company
from
Interest
j
.
Underwriters—
at
Interstate
;
.
Kansas
Feb.
The
International R
—V.
Jan.,
Int.
admin,
$
depreciation
and
.Interest
_
1947
1948
556.506,847
income
Total
171, p. 104 and 558.
tAVTA v.
redeemable
in
par
associates.—V.
Month of January—■
Net
oper.
Subs.)—Earnings—
502,253,509
selling,
expenses—
for
Other
1947
$2,750,757
1,759,610
526,866
$3,250,526
1,831,792
726,950
$3,504,415
Acceptance Corp., Ltd.—Pfd. Stock Offered
by Greenshields
sales,
Interest
1948
1949
$3,305,975
—V.
preferred stock
1950
revenues-
Net
193.
P.
Industrial
of
Charge
JANUARY
OF
(&
1949
557,733,433
Profit
MONTH
Raiiway oper.
oper.
$10,070,036
$2,841,068
$7,228,968
2
2
2
—
,
sales
Cost
interest eliminated.
"Intercompany
Month of January—
Net
Net
2,653,556
764,549
2.440,673
2
Wouters
&
2
*
$
general
Net
income—
33,786
,
509,262
.
taxes
from
3
.
Harley, Haydcn & Co., Inc.—
Adolph G. Thorsen
Co
Years End. Dec. 31—
$3,614,747 $12,771,503
9,130
42,916
$9,703,427
deductions
Crl.000
50
Income
Co
&
Gillespie
Best & Co
also
3
Co.—
&
11
&
5
5
Co
Dalton
F.
Co
and
Monroe
Marshall
Gardner
(Inc.)
Co.
$3,447,430 $12,423,075
167,317
343,433
$8,980,644
722,783
income
operating
income
15
11
Co
Republic
&
See
Miscell.
oper.
oper.
the
11
Milwaukee
Central
Bingham, Sheldon
Other
Inc.
Co.,
Inc
Co.
Curtis
3,083,996
rents
W.
Becker &
G.
Paine, Webber, Jackson &
$58,503,248
22,240,479
facility
Fixed
prop.
Net
of
%
Robert
A.
City
operating expenses
Railway operating
$4,138,951
oper.
Operating
purchased by
underwriting
be
to
terms
underwriters
the
of
names
agreed
the
agreement:
Louisiana &
Southern Ry.
Ark. Ry.
' Combined
Year Ended Dec. 31, 1949—
Joint
Cr500
__
lease
for
inden¬
of said
the Board.
UNDERWRITERS—Set forth below
and
1949—12 Mos.—1948
310,540
revenues
prop.
Rent
restrictions
of
convertible second preferred stock were designated "5%
convertible
preferred stock."
The articles of organization
(as amended)
provide that the authorized shares of preferred stock and of convertible
second preferred stock may be issued in one or more
scries, as deter¬
Ry.—Operating Results—
Kans.
Railway tax accruals
Equipment rents (net
$406,359
rev._
expenses
fr.
200,999 shs.
in
Liggett & Myers Tobacco Co.
Operating
24,763 shs.
236,750 shs.
value)—
par
second
752.
p.
100.000 shs.
of
be offered
expire some
will
Railways
30,000 shs,
cum.
series A, series B and series C at any time outstanding
principal amount to $10,000,000, $2,000,000 and $5,000,000, respectively.
tUpon the Initial issue thereof, 35,000 shares of
preferred stock were designated "5% preferred stock" and 52,800 shares
shares.
such
45,000 shs.
value), issuable inseries—
stock ($20
limited
are
The
without
1,640,000
the
United
of
to
1,000,000
par
preferred stock
series
ture.
of
shares outstanding.
increased
purchase the common slock
ratio of three shares of
tc
share
per
710.000
of
697,000
•
($100
series
t
par
principal
$100),
(par
3,000,000
1,000,000
1957
in
"Bonds may be issued from time to time under the company's inden¬
ture dated Oct. 1,1945, as amended, in any dumber of different series
as
the directors
without limitation as to aggregate
may determine,
shams,
3,200,000
preferred stock
outstanding,
are
to
1,000,000
2,000,000
series
Common
Electric Corp.
Gas &
increased
was
outstanding
was
capital represented by
expected
at $12
Railway
Telephone
revenues
Uncollectible
March
to
1949—Month—1948
Period End. Dec. 31—
Operating
31
Jam
4s,
series C bends.—V. 171,
mortgage
the
out
carry
stock¬
liquidation
adjourned
the
at
to
$5,572,000
2,000,000
5.000.000
1980—
I
Illinois Central RR. Co.—Exchange Offer Extended—
The
order
Co.
shares
stock
shares
company
time
in
stock *
shares
without
of
United
Net
amended
was
17
stock.
stock,
City
Rys.
200,000
common
number
It
&
capital
180,000
common
mon
Rent
of
which
of
Feb.
on
its parent companies—Continental
Light
authorized
The
company
held
1,
cumulative
issuable
Convertible second
Power & Light Co.—Stock Increased—
this
of
meeting
proceedings ot
Hotel Waldorf-Astoria
Gross
stock,
$10,000,000
1975
to 2%%, due semi¬
annually to June
value),
1,
due Jan. 1,
notes, 1%%
($20
of
receive
President.—V.
C, 2%%,
Oustdg. on
Basis Stated Above
I
*
Series A,
Preferred
have
p.
mortgage bonds—
Series B,
for
company
could
1950,
FINANCING
PRESENT
To Be
purpose.
proceeds
company.—V.
on
TO
Authorized
for subscription
par)
employee
EFFECT
»
subscribe under
an
"Employees' Stock Purchase Plan" recently adopted by the company
following the purchase by the company of the stock of the late W. A.
years
GIVING
CAPITALIZATION
Employees
.
5
(849)
outstanding.
and
to
CHRONICLE
FINANCIAL
Kokenge Co.—Stock Offering to
company
Julien
the stock on the basis of
three for two, subject to the approval of stocknolders, and continue
the present
$1 annual dividend on the increased number of shares
on
&
Oversubscribed—
new
a
who
Viceas Treasurer by Harold G. Scheehle.
John G.
also made Vice-President.—V. 171, p. 752.
Spingler,
was
Hoffman Radio Corp.—Stock
The
suc¬
succeeded
was
Magee, Secretary,
&
,
President,
elected
been
has
Chairman of the board,
has been elected Executive
who
COMMERCIAL
THE
Number 4885
171
sales
Income
Net
2,759,000
—
income
Earnings
per
"Deficit.
1947
$
125,621,000
taxes
STATEMENT
OF
EARNINGS
1946
1945
$
S
112,683,000 415,076.600
313.000CYU.120.000
2,792,000
135,283,000
6,239,000
"2,471.000
3.059,000
5,470.000
$5.80
"$2.30
$2.84
$5.03
share
,
.
<>
(850)
Sales
in
THE
for
1948.
parts.
1949
estimated
are
by the
results
for
have
at
company
Approximately one-sixth of the
Final
not
about
force
the same as
of
1949 sales consisted of spare
consoli¬
dated net income for the first half of that year was equal to $2.08 per.
share and for the full year is estimated unofficially at $4 to $5 per
share.
At the 1949 year-end unfilled orders were about $230,000,000,
compared with $196,000,000 at the close of 1948 and $139,000,000 two
years ago.
The 1849 backlog included military orders of around $135,000,000 and commercial orders of $45,000,000.
During 1949 airline com¬
panies ordered a total of 42 "Constellations"—20 by TWA, six by Air
1949
by South Africa.
In
bank
per
amortization
Gross
and
sales
Operating
other
Profit
operating
of
sale
on
A
company's
Total
Reserve for
Federal taxes
compared
3.03'/
with
long-term
new,
in
security
169,
share
interests'
Minority
—-
earns,
from
oper.
$1,600,067
exps.,
inch
depr.
1,565,611
Earnings
company's
"Including
subsidiaries
owned
/—__
share
with
preceding year.—V.
of
for
which
compared
$165,489,
the
share
common
per
weeks
12
$167,422
170,
undistributed
net
the
ended
Net
operating
Net
was
period
sink;
$43,439
earnings
"Deficit,
of
which
of
is
and
bonds
"$656,033
(including
stock
debenture
those
no
par
stock
This
to
is
stock
common
distributed
be
dollar
Feb. 21.
on'
with
accordance
in
the
to
admitted to when-issued deal¬
was
Curb Exchange
the New York
and
such
stock
for the consolidation of the company and its subsidiaries,
Queens Borough Gas & Electric Co. and Nassau & Suffolk Lighting
Co., for the recapitalization of the consolidated corporation and the
distribution of the lattei's new common stock as follows: (a)
10 4'10
preferred
stock
stock
in
"Long
for
change
42/100
5
for
each
share
each
new
of
"Queens
shares cf
share
new
stock
common
7%
INCOME
Operating
1948
22.818,183
$3,202,293
V
3,653
3.967
$4,878,093
$4,020,659
1,829,408
1.510,962
$2,509,697
Deductions
from
gross
$250,325
$741,938
$722,375
...
525,438
437,894
2 272,922
1,329,895
income-.
6,931
the
of
income .—I
Commission
Total
*
trans,
net
fund
utility plant
earned
tc
surplus.
FORMA
COMPARATIVE
operating
at
World
Operating expenses
■
the
171,
The
$1,879,890
1948
and
1947
3,737,790
3,529,116
2,982,039
Federal
income
taxes
2,054,600
Operating
1.407,985
4,204,258
President
$5,103,990
18,451
income
$5,085,539
$1
at
The
Reflecting
the
pending
Commission
net
p.
statement
2,318,933
acquired
from
entered
be
to
Pan
The
by
into
its
011
said
his
meeting
on
p.
170,
presently
by
1.
June
Nassau &
169,
Feb.
filed
notification
letter of
common stock
Suffolk
a
Regulator Co.
voted
17
28
to
recommend
split
'2-for-l
a
to
of
Island Lighting
stockholders at
the
the
&
SEC
Co.,
covering
shares
75,000
Boston,
Inc.,
filed
17
is
Mass.,
of
a
its
registration
capital stock.
investment
statement
Loomis,
manager.—V.
171,
(Includes
Louisiana,
Railway
ended
after
Jan.
credit
1950
of
in
does
1950,
the
in
Net
ry.
—V.
171,
p.
Ry.
goods
$1,543,206
$1,514,214
are
The
866.635
237,543
249,941
and
not
in
1947
stock,
without
accrued
called
have
outstanding
value,
par
for
$110
at
which will
dividends,
redemption
of
shares
a
make
on
March 31,
$6 first
cumulative
share,
the
plus
full
an
preferred
amount
redemption
equal
price
$111
stated
company
that
funds
to
effect
the
1,617,921
265.000
shares
of
shares
common
of
$3
stock,
redemption
will
be
cumulative preference stock
both without par value.—V.
and
170.
necessarily
but merely means that the company has
profits which are not taken into account
than
,,
road's
three
quarters of
1949
to
the
half-billion
The
of
life
company
dollar
closed
insurance
in
living
mark.
its books for the year 1949 with $41,699,549,717
force,
which compares with $39,958,517,854 in
and
of
in
1949
170,
or
Ralernian,
will
1949
to
amounted
reach
approxi¬
984.
p.
to its
The West Perm
parent,
of its $6.50 par common stock
$1,500,005.
and
preferred stock financing are to be
by Monogahela and its subiud-
construction
of
stock
common
made
was
financing
of
proposal
March 7.—V.
on
this
com¬
170, p. 2437.
Feb. 16 at $18.25
on
171,
465.
p.
1948
1949
$19,735
share
A
charges
capital
with
$755,047
$0.33
$12.58
180.000 shares):_;__
including
Dec.
at
depreciation
provision
and
$2,249,986
21,
Dec.
at
amounted
1949
31,
1948.—V.
Federal
for
$2,070,480
to
170,
as
com¬
789.
p.
Lighting Co.—Earnings—
1948
1947
$4,499,485
$4,495,527
$3,617,002
4,095,644
4.225,184
3,576,196
—
$403,841
$270,343
$40,806
(.net)-:
1,785
1,891
2,057
$405,626
$272,234
171,177
170,123
$234,449
$102,111
1949
revenues-.
and
expenses
taxes__
income
income
income
Gross
•
Deductions
from
income.
gross
income
to be presented to the company, at the office of the
$42,863
166,549
.
170.
"$123,686
1601.
p.
National Gas & Oil Corp.—Seeks Exemption—
Services, Inc., 20 Pine St., New York 5, N. Y.,
March
on
The
corporation has
its
and
7.
The
former
National
capital
for
calling
Gas
SEC
authorized
amounts
cated
the
to
System
Lines,
as
three
and
Major items in the
the road's Chief
than
radio
terminal
in
Executive
in
53
will
$1,500,000
St.
just
program
Neff,
cab-to-caboose
to
capital
accounts
were
allo¬
major
units
comprising
the
Missouri
Pacific
Missouri
Pacific
RR.,
$3,827,400;
Gulf
Coast
International-Great Northern, $520,230.
follows:
$1,051,950,
chargeable
be
Louis.—V.
include
locomotives
used
171,
according
authorized,
Officer,
Diesel
in
p.
the
and
to P.
installation
directors
construction
the
of
interest
J.
holders
The
of
two
par
Moller-Dee Textile Corp.—Stock Offered—Coffin, Betz
Feb. 20
publicly offered (as
a
speculation) 500,-
000 shares of capital stock at par ($5 per share).
There
may
stock
30
is
no
firm
underwriting commitment.
be sold, but unless subscriptions for at
are
received
days thereafter
conditions
referred
prior to
as
to
May
17,
1950
Less
least
(or
than
all
day
not
the company and the underwriter fix)
in
the
underwriting
contract
are
order
of
the
exempting
Holding
it
Com¬
subsidiary of
of
National
Gas
&
Electric
by
National
interested
under
the
until
persons
merger.
Feb.
to
28
request
a
have
(Corp.)—Interest Payment—
declared
The
payment
record
Feb,
interest
an
debentures
due.
will
19.—V.
payment
Sept.
be
l,
made
157,
or
1959,
March
5V2 9
on
1,
on
the
account of
to deben¬
1950
2153.
p.
shares
to
be
Feb.
vote
will
28
issued
in
(no
increasing "-the
011
pari
authorized
(par $1),
to 600,000 shares
exchange jfor
each
191,780
no
authorization
to
of
the
shares now outstanding.
issue
V.
011
stock from 225,000 shares
new
stockholders
cumulative
170,
will
also
vote
preferred shares,
to
terminate
none
of which
the
is now outstanding.—
2438.
p.
National Research Corp.—Files With SEC—
the stock
250,000 shares of the
such
an
2531.
p.
stockholders
common
559.
for
National Motor Bearing Co., Inc.—To Split Stock—
The
on
arrears.
new
a
acquired
giver,
income
6/
and
cabooses
58
SEC
provisions
holding company which
was
merged into
approved last November by the Commission.
The Fritz Oil & Gas Co. and The Newark Con¬
arc
Co.,
169,
former
a
National Hotel of Cuba
The
ture
the
the
plan
a
has
hearing.—V.
30-year
The
to
from
York
New
under
subsidiaries
The
Expenditures Authorized
is
corporation
Corp.,
Its
applied
subsidiaries
two
Act.
pany
trustee.
& Co.
a billion dollars was paid by this com¬
policyholders or beneficiaries.
The total
—$768,627,888—\yas the largest in the company's 82-year history, and
the year was the 18th in succession in which such payments exceeded
during
volume.—V.
A.
Jerome
for
$3.05
$5,056,588,
17j,
expenditure of $5,399,600 for im¬
provements to the Missouri Pacific Lines property
during 1950 was
authorized Feb. 20 in St. Louis, Mo., by U. S. District Judge George H.
Moore on motions filed
in his court by Guy A. Thompson, the rail¬
Metropolitan Life Insurance Co.—New Records Made
in 1949—
More
business
sales
common
class
per
Operating
24 invited sealed, written proposals for the
$3,000,000 of its first mortgage bonds, due 1930.
of
(EST)
a.m.
program
freight
pany
$242,18(1
Gross* sales
21.
of
mem¬
operating
Feb.
on
it
from
11
more
2227.
p.
of
assets
share,
all
sumers
provided from current resources and without recourse to financing.
Upon retirement or" the first preferred issue, the company will have
outstanding
Feb.
current
per
Nonoperating
.
to
a
1948
$639,822
and
Missouri Pacific RR.—Capital
the
1950,
share.
The
liabilities
the cost
revenue
in the three months
indicate an excessive down¬
at
696.
32,210
Ohio—Earnings$557,286 "
with
1949
Dee
profits,
Feb. 23 received SEC authorization to issue and sell,
competitive bidding, these bonds, the proceeds of which will be used
for the company's construction program.—V. 171, p. 697.
773,519
203,951
directors
company
Such proposals are
$1,248,348
1,030,133
346,706
and
697.
p.
taxes.
Net
purchase
Maytag Co.—Calls $6 Preferred Stock—
-The
Co., Sidney,
Erich
by
Moller
171,
1,154,811
The company 011
934,926
Messrs.
1950,
Foreign
the
Oper.
194.
A
entire
16.
purchased
Mississippi Power Co.—Invites Bids for Bonds—
1
1943
"600,000 shs.
be
to
or
taxes
cn
total
Total
$15,363,403
paid for in cash or resold by the dealer.—V.
the
before
Texas
$1,655,505
income
Fob,
Outstanding
750,000 shs,
purchased
earnings
pared
taxes under
income
sales
service company, Southern
revenues-
oper.
oper.
&
FINANCING
concession of 60 cents per share to NASD
Working
the
1949
until
Sayles
361.
1949
adequate facilities
since
PRESENT
TO
1949
closed
(par $5)
"After
Code.
Internal Revenue
sales
business,
refundable
for
8258,027
the
reduction
31.
trend
ward
p.
expenses-
oper.
Railway
Arkansas
the
Muskegon Motor Specialties Co.—Earnings Off-
with
1950
addi¬
Israel.
Year Ended Dec. 31—
substantial deferred
171,
Louisiana & Arkansas Ry.—Earnings—
Month of January—
initially
both
210,000 'shares$2.65
current
of
"Loss.—V.
Feb.
on
will
include
Year Ended Dec. 31—
stock.—
common
"390,940
loss
NOTE—The
reservations
Co.—V.
250,000
with
Plans Stock
—
$7,897,554
._
carry-back provisions of
p.
corporation
in
Tool
income
after
preferred
a
"Net
profit
"Net
Lighting Co.
the discontinuance cf
only
weaving of sheetings,,
does not contemplate
company
has been scheduled for SEC hearing
less
1009.
p.
March
sales
Loomis-Sayles Mutual Fund, Inc.—Registers With SEC
The
The
che
the
fabrics.
Montana-Wyoming Gas Pipe Line Co.—Secondary Of¬
fering—A secondary offering of 4,000 shares of common
Detroit, Mich.—Files With
3 Months Ended Jan. 31—
by the New York
Lighting Co.. Queen:-:
the
and
presumes
required of Long
and
yarns
the
in
and
243 7.
Net
361.
income
plant
sufficient
if
will
stock,
of
yarns
but
yarns,
business
EFFECT
At
Nassau & Suffolk
approved
Island
the
approxi¬
expects
company
schedules
express
Minneapolis-Moline Co.—Earnings—
'2,099,863
Long
of
are
debt.—V.
annual
$1,926,872
consolidation,
SEC,
Gas and Electric Co.
NOTE—Above
of
and
carded
value 1
Machine
toward
applied
the
of
(par JO cents), to be
through Greenfield, Lax & Co., Inc., New
for expansion,
additional working capital
share
per
proceeds
on
$4,026,735
$3,577,279 $2,766,606
cotton
esti¬
acres.
sale
textile
sell
is
ianes.-
income
Net
2,643,792
Borough
service
on
directors
18,935
$6,221,071
_
lc
modern
dye and finish fabrics,
consideration
cash
a
$4,045,670
18,060
income
S.
Mid-Continent,
of
in
Feb. 13
300,000 shares
retire
to
The
3,692.761
$6,239,131
income
only
be
the
further
It
will
proposed
a
Dec. 31—
of
21'7
Proceeds
and
Split—
1.157,413
4,730,087
Non-operating loss (net)
P.
Convair-Lincrs
be
to
are
agreement
an
for
the
authorized
194.
V.
41
had
they
$2,000,000.
of
excess
transports
under
Minneapolis-Honeywell
2,762,623
for
and
of
shares
announced
Earnings
3.034,913
3,553,305
rental
land
to
a
$6,720.
be processed.
If
sold, the business
sold,
GIVING
of
plant
offered
may
issued
Dec.
$7,163,630.
pany
Con vain,
p.
covering
York.
Maintenance
Net
Vultee
Airways
company
offered
$40,563,854 $37,*420,805 $20,932,460
20,248,441
20,193.367
16,239.080
Other taxes
of
the
bers, through Blyth & Co., Inc.—V.
1,157,515
Depreciation
Gross
in
cost
a
that
300-mile-an-hour
40-passenger,
tour
Mid-States Equipment Co.,
STATEMENT
1949
revenues
annual
also proposes to issue and sell
Electric Co., an additional 230,770 shares
announced
16
SEC—
$2,509,697
INCOME
Year Ended Dec. 31—
Provision
where
2433.
p.
Feb.
on
Miller,
nave
—V.
SEC
$3,048,685
income;-
PRO
rental
use
of
its
of
waterfront
has
The company on Feb. 23 filed a registration statement with the SEC
covering 60,000 shares of its cumulative preferred stock, series C, $100
par value, to be offered for sals at competitive bidding, which will de¬
termine the interest rate, offering price and underwriting terms.
The
the company acquired
it is now erecting a
1949,
companies.
W.
J.
••
Total
about
stock
new
the
fibres
construction
aggregate of 50,000 shares.—V.
an
times
President,
for:
sinking
Acquisition of
of
company
20
over
orders of Public Service
Debentures'
Balance
—
in
re-,
to conduct
Mcnongahela Power Go.—Registers With SEC—
ended Oct. 31,
City, Mich.,
Bay
168,
Consolidated
two
to
Net
Reserved by
change
exchange
right of renewal for
a
annual
years
combed
par
Eciwaid
earnings
The
year's earnings.
year
Co.,
equipment
'the
$1,379,890
______
related
1,316.072
$3,048,685
directors
purchase
33 195.962
.
that
of
Bread
building.—V.
The
18,966,673
$4,024,626
income
with
and
Earnings per share (on
proceeds
fiscal
the
Berden
American
Gross
Approved—The pre¬
Jan. 18 approved a $400,000 long-
Mid-Continent Airlines, Inc.—
2,5,140,714
com¬
requires
amount
During
the
1947
$4,881,746
the
a
and
company
unimproved
company
>.i,'
& taxes
1 net 1
the
to
new
______________
revenue expenses
Operating income
INon-opcrating loss
and
owners
mately
loan
Israel,
Should
laws
the
government
the actual
are
will
in
Was
maintenance of not less than $150,000 cf net
working capital and limits the amount of dividends in a current year
$30,022,460 $26,842,809 $22,163,966
:______
Net
Inc.—Loan
on
years
already exist
($5
Monarch
753.
p.
ACCQUNT
1949
revenues
the
loan,
The
preferred stock.
Year Ended Dec. 31—
operating
series A
exchange
in
were
to be used to pay short-term
bank loans and certain 6% equipment notes, and the
balance for new construction.
stock; and (e)
in exchange for
preferred
64
"Long Island"
stock of
COMPARATIVE
Total
Island"
"Long
of
Borough"
common
"Nassau"
of
term
a
old
of
of
share
171,
Bakeries,
ferred stockholders
(b) 9 2/10 shares of new common
of 69
series B preferred stock of
share of new common stock in ex¬
common
stock of "Long Island"; (d)
of
shares
each
6 7/10
6/100
(c)
conversions
1948.—V.
October,
Michigan
"Long Island";
for each share
of
exchange
Island";
exchange for each share of 791
stock in
common
new
in
the
of
the
other
100,000
Year Ended
provides
shares of
it
that
for
acres
broadcloths.
processes
listing
doing.
proceeds
and
combed
this time
125
spinning
carded
of
tax
manufacture and
issued
the
business.
in
a
wholly owned
subsidiary incor¬
believes that at this time no material
so
acquire
few
the
the
is
the
which
upon
stock
to
corporation.
construct end equip
extent
business
advisable for
maximum
a
to
for
course
foreign corporation. The company
conditions, to carry on Its
a
occur,
by
to
first
based
"Including
which
plan
a
the
the
of
Capital
arrears
have been made at monthly average
The
average
exchange rate for October 1949 was 7.86 pesos
Canadian dollar as compared with 6.91 pesos to the Canadian
rates.
the
the
Authorized
payment
dependent upon available income but not including
at
of
Exchange.
"$785,252
thereof.
Long Island Lighting Co.—New Stock Listed—
new
for
stock
Moller
The
at
years
confined
for
1,650.000
1,760,000
"$141,561
"$136,544
_______
ton
NOTE—Exchange
ings on
49
limited
a
at
185,000
addi¬
50,000
share
shares
through
Haifa
of
due
in
transact
as
company
gained
lease for 49
a
$4,000
drills
in¬
171.000
The
approximately
on
spinning
fund
of
per
international
make it
intends
north
that
shares
$1,064,743
$1,103,967
$5
250,000
not
American
an
operations
be
apply
and
conditions
CAPITALIZATION
399.
p.
annual
for
and
$34,456
income
charges
partly
of
1949,
24.
corresponding
the
for
$1,021,156
$0.20
income
Nov.
of
of
be
stock.
Moller (President)
purchased 50,000
have
at
no
the
yet engaged
in. Delaware.
1949,
may
PROCEEDS—With
15,964,040
14,811,415
Erich
second
York Curb
New
present
company intends to
State of Israel, and
$1,386,538 $15,915,382 $17,023,788
the
of
enterprise
21,
as
Israel
would
miles
To
to
the
property
Israel.
period
1949—10 Mos.—1948
1,343,098
agreed
of
company
tional
terest
$1,652,649
$0.32
profit
in
company
Canadian currency)
in
1949—Month—1943
Gross
(Accrual
"Net
20
and
of
maximum
a
the company
five
register there
Isreal
of
mated
Oper.
200,076
in
tract
(& Subs.)—Earnings
to
proposed
The
805.
p.
own
view
advantage
averaged 3.07
1948, and 2.94'/
in 1947.
The yield,
investments
made: during
1949
aver- ,
hereby,
purchase
will be*
subscriber
depositary
receipts,
Vice-Presidenti
to
stock ol
new
international
porated
748,309
153,603
in
business
such,
company's investments
offered
eacli
011
a
Oct,
on
to
intends
mately
450,000
842,120
order
pany
a
Mexican Light & Power Co., Ltd.
1,031.991
__.
—
capital stock
intends,
its
for
has
company
its
In
for
all the
on
capital
other
or
sold.
incorporated
Cf this,
yield
of
stock
Co.
interim
take up any shares
to
(Executive
COMPANY-—Is
policyholders.
interest
the
&
the
of
undertaken
share
one
The
of
33 000,000
dividend payments
to policyholders in
$72,401,999 is for ordinary policyholders,
policyholders, $30,000,000 for group policy¬
(excluding accident and health), and $11,796,000 for accident
aged 3.469 .—V.
$3,501,532
300,000
1,062,305
_—
its
industrial
for
health
011
aside
$164,260,999.
(Stated
$4,010,677
—
depreciation.-
for
the company's total liabilities to $9,149.$558,631,879 (about 66 of the total amount of
held for protection agamst such unforeseeable
epidemics, catastrophes, and adverse economic con¬
929,639
contingencies
for
for
held
assets,
was
set
amount
holders
(est.)—__ $38,018,000 $38,660,000
and partly owned
3,031,038
3,501,532
profit
Reserve
stock
$420,850,475
sui'plus of
Period End. Oct. 31—
Reserve
and
to
Dee
(for which interim receipts will have
purchase price thereof on
dposit
the
Harrinian
required
or
have
shares
strictions
is
1950
as
assets—
capital
industrial;
$701,920,796,
and
of
canceled,
presentation
011
addition
rate
he
Brothers
Edward
tional
as
Of the 1949 issue, $1,656,021,996
brought
obligations
$50,063,000
revenues
wholly
incl.
$2,778,793,267,
was
In
will
entitled
shares
ditions.
Nov. 24, '49 Nov. 25, '43
__
issued
be
gnd
for future payments to policyholders—deter¬
legal requirements—was $8,252,239,531.
This and
to
obligations)
contingencies as
(& Subs.)—Earnings—
profit
subsidiaries
will
reserve
the
and
12 Weeks Ended—
refunded
670,000
insurance
the
1949
of
according
The
Loew's Inc.
life
new
insurance;
end
315,803.
5.
171, p.
of
statutory
The
reserves
outstanding
were
issue)
Brown
-
mined
consolidated property account was stated
deducting $20,147,000 depreciation and
(equal to 60'■'< of property account!, net property
$13,575,000.—V.
was
amount
the
The
After
$33,722,000.
been
policyholders in the United States and Canada, stood at $9,707,947,682.
30, 1949 Lockheed's
of
cost
subscriptions theretofore received
$10,777,591,589,
and 6,974,000 policies or
contracts,
ordaniry
At
share.
common
At June
at
loans
of $20,842,188,915
and
group.
paid off, amounted to $26,221,000 and were
been
there
addition,
was
long-term debt and have
equal to $24.40
which were carried as
$4,000,000
since
industrial;
Monday, February 27, 1950
with
The
the
to
$10,079,769,213,
compared With $2,904,157,071 for 1948.
seven
present time.
Based on the company's consolidated balance sheet at June 30, 1949,
current assets were $56,927,000
I including $12,734,000 cash) and cur¬
rent liabilities were $26,706,000.
Net current assets, after deducting
rate
that
at
CHRONICLE
total is made up
1949
The
1948.
FINANCIAL
annuities and supple¬
certificates providing ben¬
efits
in
the event
of accident,
sickness, hospitalization, surgical, or
medical expenses: For more than 1,100,000 families hospital, surgical,/
or medical
expense benefits for dependents were also provided.
be greater than in 1949.
Dividends at the rate of $2 per share annually were paid for most of
the war period. Dividends wore omitted during the reconversion process
but weie resumed at the rate of 50c quarterly in July, 1948 and have
continued
end of
ordinary insurance;
mentary
Will
been
the
at
&
group.
by ICLM Royal Dutch, and
Lockheed expects that its sales volume in 1950
Prance, five by Chicago & Southern,
four
been published but
yet
COMMERCIAL
more
than
and other
fulfilled,
all
A
letter
—V.
of
stock
common
market
notification
(par
price through
170,
p.
8.
$1)
was
to
Paine,
filed
be
sold
Webber,
Feb.
by
14
4.000 shares of
stockholders at tho
Boston, Mass.
covering
selling
Jackson &
Curtis,
-
Volume
171
Number 4885
THE
National Steel Corp.—-Increased Cash
Dividend—Plans
3-for-l Stock
dends
for
the
first
Chairman,
of
$1.25
Pel.
on
quarter
This
that
21
of
declared
1950,
declaration
has
been
it
board
also
paid
capital
stock
special
meeting
near
of
voted
the
of
future.—V.
to
in
of
announced
was
by
by
previous
stock
on
will
3,
required
T.
Weir,
Mohawk
dividend
The
be
share
rate
dividend
payable
lution
will
March
also
Power
common
announced
exchange
plan
be
reduced
effective
to
split
on
be
held
Nineteen
proposal that the
three-for-one basis.
A
a
a
for
this
in
purpose
Inc.—Stock
Mr.
Offered—Frank
Hundred
of
its
in
November.
stock
at
1949
$3.65
made
in
private
a
order
to
sale
obtain
of
the
cf
natural
at
30.000
resources
in
of
of
the
include
of
companies in
tne
solely
to
invest primarily
companies
and
in
insoiar
practicable
board
to
activities, in addition to the production of
processing of products from natural resources
have
and
It is
not
development of
the
fields
new
intent'on of the Fund
and
to
The
Fund
has
entered
under
has
been
retained
assets,
a
p'or
which
to
into
the
an
the
manage
Irving Trust
investment
is custodian of
Co.
of
1%
the
of
Frank
L.
L.
Valenta
adviser
investment
as
advisory services, Frank
Va
with
agreement
latter
quarterly fee of
of
the
and
Valenta
&
the
or
preferred
Inc.,
will
the
of
of
making
to
simultaneously
common
of
by
It
is
Public
stock
the
issuance
Utilities
of
and
b'1
amount
an
transferred
in
its
Barney
&
shares
Co.
$650,000,
to
the
parent,
The
_
new
will
and
in¬
March
together
and
and
in
1952,
estimates
with
retained
funds
to
earnings,
be
will
the
stated
to
Feb.
Securities
proceeds
provided
take
obtaining the additional
Although
of
the
through
of
care
1950.
the
ot
14
value
company,
to
Corp,
a
on
its
present
construction
funds
has
series
required
or
combination
a
27/8%
series
Cumulative
4%
March
due
June
due June
preferred
TO
PRESENT
''The
stock
(no
an
be
preferred
stock
and
purchased by each
Smith,
Barney
Union
Bioren
E.
&
Securities
&
W.
Elkins,
See
Co
Clark
V.
&
the
of
forth
number
in
cash
to
the
bends,
gage
of
W.
Schmidt,
H.
shares
Newbold's
Poole
Stroud
&
2,000
5%
,
Wurts,
Dulles
Cc.
Son
The
SEC
Net
given
171.
agreed
&
Co.
1,000
Inc.—
&
Edison
1,000
—_
-To
1,
to apply $203,822
Oper.
until
March
1950—Month—1949
$4,500,345
taxes.
Operating
of
$691,663
(net)....
to
15
7
to
request
record
to
stock
common
issue
and
$578,155
Public
filed
Service
558
2,250
3,312
698
Gross
income
•Reductions
income
Net
$692,221
deductions
in
$6,838,411
157,318
1,693,134
taxes
29.000
125,000
361,000
$450,535
$5,270,277
857,559
$4,790,683
$4,412,718
$4,006,672
%>)____
$557,146
____
appropriated
for
preferred
stock
divs._
ability
bonds,
Balance
_____
„
*Resulting from joining in consolidated
company and others.—V. 171, p. 753.
returns
with
former
parent
798
9,974
The
per
directors
share
1950,
on
on
the
payable
Feb.
21
declared
stock
common
March
on
31,
the
for
1950,
to
the
initial
dividend
quarter
holders
of
of
35
March
31,
record
March
14,
The directors also declared
per share
dividends
cents
per
series;
on
on
the
the
share
and
class
three
on
97Va
the
cents
A
the regular quarterly dividend of 30
stock
and
ihe
following regular
cents
quarterly
classes
3.40%
per
of preferred stocks:
a
dividend of 85
series; 90 cents per share on the 3.60%
share
on
the
3.90%.'
series.
These
Cr7,569
income
011
Federal
and
surplus,
Cr7,828
:
income
net
10,783,998
17,384
years
222,000
taxes
operating loss
Crl36,207
adjustments.
*$180,807
$409,622
adjustments—
*181,461
391,133
other
etc.,
1194.
p.
fj>
30,363,891
112,446
118,357
rev..
revenues
33,691,520
—
—
.1949—12 Mos.—1948
$
33.803,966
.
oper.
Co.—Earnings
1949—Month—1948
$
» '
381,670,580 343,475,578
1,603,202
1,444,276
30,245,5^4 380,067,373 342,031,302
296,268,479 273,651,579
25,631,038
25,795,442
4,055,832
2,421,548
43,384,807
34,400,219
4,004,650
2.028,544
40,414,092
33,979,504
3,225,076
_______
income
1,263,099
28,555,596
25,860,685
p^66.
$281,580
$3,601,159
$3,234,463
249,303
2,779,477
23,231
403,467
2,653,988
330,388
$33,852
$9,046
$418,215
$250,087
*1.524
263,105
117,647
Ohio
Public
the
has
Co.
Service
of
merger
acquired
shares
be
and
have
Co.
latter
the
for
gas
built
being
proposal,
and
the
the
owns
2,748,822
common
owned
each
company
stock
in
share
continue
will
to
by
Cities
of Edison
of
The
SEC
the
stock
Co.
Service
for
such
after
will
merger,
stock
the
issue
stockholders,
of
slock
in
Public
due
the
$600,000
transfer
to
The
Ohio
will
be
Co.
of
in
and
on
first
of
made
Trust
Co.,
Delivery
is
to
proposed
commence
held
be
to deliver
plant
by July 1,
new
Financing—
on
investment
40,000
Pennsylvania
in
increase its
cash
$600,000
common
from
additional
and
shares
inc.
Net
funds
latter
thus
and
to
for
its
*
stock.
common
the
which
capital account
account
received
INCOME
ACCOUNT
1950—12 Mos.—1949
$848,282
211,968
204,183
$9,223,804
2,094,573
$9,069,366
taxes.
int...
180,756
168.815
1,676,016
1,624.541
14,541
14,541
174,469
174,469
$166,215
$154,274
$1,501,547
$1,450,073
after
pfd.
on
$850,569
after
income
stock.
Balance
-V.
of
use
stock
surplus
1950—Month—1949
revenue
Divs.
Pennsylvania,
earned
program.
Gross
out-r
its
will
company
COMPARATIVE
171, p.
2,027,578
698.
and
and
Pepsi-Cola Co.—Sells Cuban Unit—
Walter
dis¬
all
ex¬
the
3.90%
preferred
stock
in
per
lieu
of
fractional
Public
would
earnings
on
solidated
eax-ned
consolidated
Edison;
of
transferred
to
The
and
the
future
by
providing but
to
issue
instalment
additional
bonds
one
first
or
to
borrow
from
in
16
have
been
surplus account, the
surplus of about
added
annually
in
will
sale
earned
to
result
$1,300,000
(after
the
con¬
charge
a
provision
Pepsi-Cola Co.
refinery
N.
usual
as
Y.—V.
170,
will
its
at
continue
big
East
to
and
own
t»
for
River
operate
plant
in
its
Long
own
sugar
Island
City,
401.
p.
1
Pfaudier Co.
Six
Net
(& Domestic
Months Ended
Nov.
Cost
1949
$5,021,057
$5,369,906
3,789,843
general
profit
4,087,691
4,078,576
618,633
Federal
taxes
701,027
386,414
345,936
142,200
inc.
130,750
taxes..
profit
*$244,214
Equivalent
standing,
623,367
$369,999
income.!
on
to
$1.71
compared
as
1947
$401,640
expense
r_
Net income before Fed.
Net
1948
$4,292,510
Operating
*
Subs.)—Earnings—
•
sales
of
Selling, admin, and
*
30—
sales
per
share
common
with
$1.51
Nov.
30,
for
142,500
the
700,157
264,886
$215,186
on
share
per
$672,703
i,
$435,277
shares
same
out¬
period
in
1948.
notes.-
The
balance
$3,952,087.
bonds,
3 Va % Series of 1948 due Sept. 1,
outstanding temporary bonds at
Wall St., New York City.—V. 171, p. 560.
exchange
operations
sugar
all taxes).
Edison
•
be
Cuban
a
common
whole share).
Service
Jr., President, on Feb. 10 announced the sale of
Compania Ingenios Azucareros Mantanzas, S. A., a.
of
group headed by Antonio Taral'a.
proceeds of the sale, including earnings in connection there¬
amounted approximately
$6,300,000,
he said.
Since
the
net
with,
stock
Mack,
to
common
of
shares
S.
stock
subsidiary,
will
mortgage
available
of
Period End. Jan. 31—
.-
outstanding
1980,
Mich.
to
authority
has
additional
an
Service,
preferred
outstanding shares of Public Sex-vice
by Edison), .548-share of Edison
of $31,875
finance
hearing
a
for
Corning Glass Works'
scheduled a hearing for March 1 upon the bond and
financing proposal of this company, which proposes to
issue and sell $3,000,000 of first
mortgage bonds, due 1980, at com¬
petitive bidding.
Its parent, Ohio Edison Co., also proposes to make
merger.
and
owned
assets
scheduled
company
754.
p.
pro¬
assume all the liabilities of Public
Service,
$32,000,000 of first mortgage bonds, 2%%
1976,
and
$10,000,000 first nxortgage bonds, 3Va%
series
$10,000,000 of first mortgage bonds, 3%
series due 1979,
of serial notes,
maturing $600,000 annually June 1, and
of instalment notes, maturing $300,000
annually Dec. 30.
its
due
Albion,
Co.—Hearing—
has
this
of
stock
common
Ohio
the
Service
outstanding shares of 3.90%
share
one
then
Ohio Edison
the
at
use
at
171,
construction
a
the
common
unchanged
on
Public
substitution
156,300
those
Commission
application
Pennsylvania Power Co.—Hearing
.
SEC—
filed
into
Service
Public
of
then
its
of
Power
the
on
public.
stock
price
a
are
].
company proposes to further
for
payment
to
Federal
for
The
Based upon
months of the
rate
the
as
sheet
at
current
of
3.65
in
hand,
fiscal
current
six
indicates working capital to be
compares with 3.24 a year ago.
already
orders
first
ratio
1949,
year
months.—V.
the
outlook
is for production
170,
p.
for
at
the
about
final
the
six
same
985.
cents
ending
1950.
5,896,574
——
_
charges...
1950.—V.
$3,611,133. $3,243,344
363.
The
Service,
of
on
Bankers
depre-
expenses,
taxes
deficiencies—prior
taxes
1943
reve¬
8,881
$310,263
„
to
1949—12 Mos.—1948
$282,378
857
continuing
of
of
Definitive
Niagara Hudson Power Corp.—Initial
Dividend, Etc.—
and
Panhandle Eastern Pipe Line
natural
Definitive Bonds Ready—
1978,
con¬
company on Feb.
21 filed a registration statement with
the
covering 1,000,000 shares of $1 par value (Canadian funds) cap¬
stock, to be offered at 40 cents per share through F. W. Macdonald & Co., Inc., New York.
The proceeds are to be used to
pay
for mining costs.
The company mines nnpheline syenite deposits.
Co.—Earnings—
1949—Month—1948
■
shares
banks $4,200,000
'
operating
and
expenses
171,
March
mortgage
as
its
bond
financing medium, Edison proposes (assuming market
conditions continue favorable) to
exchange for corresponding securities
of Edison or to call for
l-edemption all of the outstanding first mort¬
gage bonds and
serial notes of Public
Service—and, in case of such
redemption and for the purpose of providing funds
therefor, to issue
and sell at competitive
bidding $52,000,000 of Edison's first mortgage
784,011
Tail'a
The
'
•
by Edison.
application states that, after the merger and order to eliminate
complexities in its capital securities otherwise
resulting from Edison's
assumption of Public Service's long-term debt and
to
improve its
$6,000,887
Otter
company's
ita).
a
acquired
1,571,204
Federal
income
Amount
$578,853
135,075
__
the
Palisades Ncplieline Mining Co., Ltd.,
Toronto, Canada.
—Registers With SEC—
Co.—Registers With
697.
p.
p.
merger
than
of
offering
commissions.
finance
for
the
consum¬
tl949
tax
revenues
Net' after
Net
each
cash
All
help
that
be
the
$5,589,375 $11,407,792
TPreliminary.—V. 170,
operating
—V.
registration statement with the SEC
mortgage bonds, series E, due March 1,
first
SEC
the
due
1978,
$4,200,000
$5,997,575
not
underwriting
to
cash
institutional
the
to construction.
The
Income
Net
its parent,
to
15,454
preferred
each
The
$6,836,161
after
Uncollectible
sell
31,748
the
by
the
Public
series
multiple
requiring
approved
operations
Federal
before
results
Operating
share or $800,000. Proceeds
payment of indebtedness, with any
for
and
common
including
1950—12 Mos.—1949
used
$
follows:
for
prices and
be
Pacific Telephone & Telegraph
the invest¬
$340,855,000
244,663
171,
shares
of
com¬
a
even
an
cents
offering.
for
754.
p.
years
$311,120
Edison
tinguishment
a
for
may
(& Subs.)—Earnings—
Period End. Dec. 31—
.
Already,
properties.
authorization
its $100 par
rev._
3,000,000
tribute
For
25
of
calls
shall
order
provide
(net)
Gross
as
as
by
securities
merchandise
recoverable
Operating
received SEC
17
income
balance
4.40%
$4,127,885 $47,135,921 $45,188,101
3,549,730
40,299,760
39,190,526
3,808,682
income
income
largest
program,
2028.
p.
charges
$2,400,000
Other
/physical
a
Feb. 23
oper.
Edison,
State Electric & Gas
Corp.—Earnings-
and
exps.
system's
plant
applied
revenues
Ohio
(other
revenues
Co.'s
Edison
Under
1951,
persons
for
"•Deficit,
anticipates it will acquire all or a very substantial part of the remain¬
ing
251,178
shares
on
or
before
the
expiration
of
its
voluntary
exchange offer on Feb. 28, 1950.
Such
acquisition was authorized
by the Commission early in December, "1949, 2,000,000 of the Public
Buy United Electric
171,
surplus
Net
Co.
The
(a
Operating
American
and
170,
primarily
company
with
the
posal
2,000
Co
the
to
carryback of
stock.
increasing
expenses
oper.
This
than
more
stock
authorization
subsequent
will
Profit
of
cash
liquidating
Co.—Files Merger Proposal With
May Refund Ohio Public Service Co. Debt—
based
New York
North
program,
taxes—
Ohio
1,300
of
and
and
other
interest
issue
to
not
common
if it is sold privately to
its
by
arising from
the
of
the
interested
Period End. Jan. 31—
The
common
this
revenues
''Deficit.—V.
559.
p.
is
its
I he
shares of
$12,000,000
after
Net
condi-
purchase,' through tenders, of general refunding mort¬
series A, due Jan. 1, 1951, and
general and refunding
has
Feb.
on
Co., Inc.,
however,
SEC
Operating
of United Electric Railways Co.
The latter has
outstanding $1,490,500 of the series A bonds and
$1,537,600 of the series B
bonds, of which $904,700 and $1,473,800, respec¬
tively, are held by NEES and are subordinated to the
$649,600 pub¬
licly held bonds.
hearing.—V.
partial
share
per
the
on
redemption
loans
income
on
Estimated
.
Operating
Co.......
&
to the SEC for authority
Jan.
with
of
generally to the public, without prior
price
sale
issuance
bank
products
Provision
the
on
holders
to
&
price, adjusted upward to
has
rate,
the
of
of goods, sold,
eiation, depletion
Other
Jersey
quarterly
aixd
FPC
Cost
-
apart from
share
a
1950
paid
in
Period End. Dec. 31—
753.
bonds, 4%, series B, due
30c
1,
the
from
nues
$20,000,000,
property
Electric
balance
Uncollectible
700
17 applied
of
1949.—V.
company on
Service
Feb.
together
Ohio Associated Telephone
below:
Bonds—
on
of
expended
$58,000,000.—V. 171,
additional
underwriters
1.000
p.
size
been
used
standing
171,
of
April
company
sales
program.—V.
of
Income
New
of under¬
group
Kalman
Berkshire Gas Co.—To Sell Stock to Parent—
be
covering
87,500 shs.
certain
imposes
issuance
principal
respective
Co.—
common
by
New England Electric System-
System
31,
Operating
150,000 shs.
the
unon
5.500
Co.—
all
20,000 shs.
5,500
—
&
Morris
also
set
are
Co.......
Corp
dividend
the
in
over
sold
a
and
preferred
Year Ended Dec. 31—
Sales
1980, to be offered for sale at compet'tive bidding.
Net proceeds will be
applied to the cost of the company's construction porgram.
Gross prop¬
erty additions for the three'years ending Dec. 31, 1952, are estimated
at
to
to be
Pacific Coast Co.
all
that
independent
which,
at
a
to
the
England Electric System for $125 per
The
30,000 shs.
mortgage but
of
the
American
payable
Missouri
of
struction
SEC—
tc
as
65,899 shs.
bonds,
hew
cash
v
the
Co.
stock
subsidiaries.
Northern Indiana
Outstanding
___
end
names
end
incorporated
North
of
stock,
its
owns
the
Union
remaining
3,500,000
$100»
;
limitations
PURCHASERS—The
would
was
&
the
shares,
institutional investors.
conditioned
issuance
dividend
Union
so
of
shares
a
sold
until
Proceeds
outstanding.
6.000,000
(par
open
and
American
program
Previously,
per
share,
of
Co,
has
Dec.
to
are
$9,000,000
yalue|-___4.__.
par
is
cents
additional 6,400
an
New
accruals
made
■.
restrictions
North
which
declared
1950.
share
one
to issue
company
125,000
is to be sold at a yield not in excess
maximum underwriting commission of $3
per share
generally to the public, or a minimum commissioa
with
is
outstanding
bring this about, the shares of Union
adjusted to a number identical with
of
assets
common
Latter
Operating
____
mortgage
tions,
become
and
the
and
23
acquire
American,
common
also
Electric
North
FINANCING
____
series
Common
and
proposed
be
this
net
would
sell
cumulative
agreement
Commission
The
1979
1,
stock
time
would
to
into
company
Electric
North
of
Feb.
on
for submission
this
of
Union
stock, are estimated
to the capital of Union Electric.
The company
for construction
1978.
1,
the
stocks
in
To
c
J974
1,
series
4.05%
their
thereof.
bonds.......
due
series
of
stock
prevailing immediately prior to the date
of the
Operating taxes
bio
is
and
Forgan
The
stock
6%
Operating
requirements
been
Authorized
mortgage
3%
3%
21
of
stock
The
group
a
Glore,
underwriters
the
mated
merger
that
liabilities,
that
25
of
in
of
as
issue
bf one percent of the sales
price
investors.
financing,
depreciation
determinilion
no
CAPITALIZATION GIVING EFFECT
First
were
authorized
cumulative preferred stock
the
effective
Approves Financing—
lias
preferred
cents.
The
of
subsequent to June 1950, it is likely that a
portion thereof will become
available through depreciation accruals
and from retained
earnings, and
that it will fee
necessary or advisable to obtain the balance
through
bank borrowings, the
issuance and sale of additional
bonds, preferred
stock or
other
securities, additional capital contributions from its
parent
is
output
notified Feb.
5
if
$3,707,000.
that
through June
method
by
to
public.
underwriting
of 4.40%'
depending on
company's steel
Hundred's
develop promptly
the
American,
7,
doubling
ment
contribution
capital
to
shares
of
said
American
$93,500,000
estimated
company
explained
The
Union
Electric
in
1946
began
a
large-scale
expansion
calling for the expenditure of $400,000,000 over the next
Dec.
1951, $3,213,000;
by
mission
of
7.
p.
American
that
North
added
subsidiary.
projects
as
He
downward,
or
The
the rate
that the
at
...
company
by
will be credited
which
such
surplus
Union
of
at
Electric
dividends
that
expenditures for new construction
during the
1, 1949 through Dec. 31. 1952,
partly in connection with
that will be
completed in later years, will be
approximately
follows: December,
1949, $636,000; in the
year 1950, $3,074,000; in
period
being,
employees
171,
so
Electric.
directors
North
Jersey
awarded
were
and
the
New
capital
sale
share.
per
production
industries.
Nineteen
and
the
North
and that
Union
The
receive
to
number
of
would be
Fund.
of
would
1890;
the
Resources Fund,
and
Corp.,
the
equal
from
The preferred
Smith,
$100.82
said,
subject
Union
dividends
of
stock.
headed
with
equity
surplus
thereupon
steel
of
Missouri,
Freeman
record
the assets of Natural
capital contribution
cash
a
General
common
capital
will
time
upward
and
management
to effect
of
present
Mr.
&
Power & Light Co.—Additional Data-
stock,
the
crease
the
permit
Freeman, President, stated that the directors
the
share
Union
New Jersey
to
for
program
existence
Fund,
reinvestment
Co.,
asset values of
average
Inc., and transfer agent for its shares.
Prior
immediate lowering
according to Elisha Gray,
necessary
supplies
either
schedules.—V.
Co.
Electric
in
Inc.,
a
stock
com¬
manufacturing,
Co.,
normal
the, coal
Gray
C.
assets,
each
of
sources
invest in
the
or
nor
processing,
steel
revised
made
this corporation,
curtailment
work
Electric
predominantly engaged in exploratory experimental
companies whose operat'ons are confined
solely to the
fabrication, or distribution of natural re¬
sources purchased from
producers.
operations
of
in
Mr.
once,
authorized
readily market¬
as
whose
exploration
natural resources.
panies
Fund
established
companies
manufacturing and
also
the
The common
North American Co.—Plans
Merger Into Union Electric
—Declares Larger Common Dividend—
I
field.
intention
securities
present
be
partial
revised
necessary
to
sold
below the bid price
suppliers have teen hit severely by the continuing strike of coal miners,
he said, and no deliveries are
being received from the mills.
incorporated in Delaware, was organized to provide
single medium through which they can obtain an in¬
broadly diversified portfolio of securities
the
invest
and
75%
may
Herbert
It is
able
about
figure
This corporation
investors with a
a
headed
writers
Sched-
Commission
cumulative
plans
company
prices,
initial capital.
terest in
The
171, p. 697.
Corp.- -Lowers Production
supplies
Gray said
The
capital
per
of
7.
stock.
common
Niagara Hudson disso¬
share of Niagara Hudson
Power Co.—FPC
Power
offering to stockholders, at
steel
developments
corporation's
investments).
shares
stock
ules—
L. Valenta &
Co., Inc. on Feb. 23 offered 1,970,000 shares
capital stock (par lc) at $4
per share (price subject
to fluctuation with
the market value of the
corporator.
Otter Tail
The Federal
25,000 shares
,r
the
1950.—V.
15,
on
payment
into
Niagara
the
of
The
cents
75
payable
14, 1950.
share cash
common
under
also
are
per
resale
Dwindling
Fund,
$1
(851)
be
production schedules by
President.
Resources
stock
March
on
the
Hudson
common
of
Natural
that
Niagara
Corp.
will
stock
and
CHRONICLE
13,
1917,
p.
to
A
FINANCIAL
preferred
stocks
to stockholders of record March
1950,
Machold
per
Ernest
the
class
&
1950.
stockholders
will
$1.50
cents
quarters.
and
to
be
corporation
25
March
submit
stockholders
170,
dividend
a
increased
apply to currently outstanding
1950, to stockholders of record
The
31,
Mr.
directors
the
on
March
Split—
The
COMMERCIAL
divi-
Oklahoma
Natural Gas Co.
Secondary Offering—A
secondary offering of 72,667 shares of common stock (par
$15) was made Feb. 17 on the New York Curb Exchange
at $35.87V2 per share
by Union Securities Corp., with a
concession of 70 cents per share to
participating NASD
members.—V. 171, p. 560.
—
Phoenix
crease
The
directors
tc
payment
of
capital.
(Fire)
Insurance
Co., Hartford, Conn.
—
In¬
in Stock Voted—
stockholders
The
increase
a
Feb*
on
dividend,
dividend
record March 20.—V.
17
approved
capitalization
stock
will
be
from
the
payable
170, p. 2335.
recommendation
$6,000,000
transferring
April
funds
10
to
to
of
$7,500,000
from
the
by
surplus
to
stockholders
of
Shawmut
Co.—Stock Distribution—
Procter & Gamble
The
ex said
delivered
certificates
SEC
due-bills.—V.
171,
Total
oper.
revenues—.
Total
oper.
expenses-
revenues-
"$20,945
per
The
oper.
Ordinary
$9,113
and
six
be
186,193
341,885
used
$165,248
$359,960
Deductions
4,092
4,307
55,205
48,961
income
(Cr>
"$15,684
$160,941
$304,755
inc.
9
22
3,311
Extraord.
Of
of
(chgs.)_
10
2
154
"$15,685
$160,961
$307,912
51,000
118,353
270,000
net
inc.-
stock
171,
The
30,
proceeds,
$5
50,000
The
of
preferred
stock
common
President.
and
shares of
shares of
300,000
share
unit.
per
loan,
of
and
one
Proceeds
approximately
$2,225,000
would
be
used
for
will
$35,000
of
use
natural
SEC
Trust
January,
1950,
112,000 shares of
additional
$439,340
$189,559
$109,961
"$11,340
request
to
stockholders
at
6, 1950, the
application of
share.
Of
the
consideration received by
the company for the shares ol
common stock offered, $1
per share (being the par value thereof) will
be credited to capital stock and $16.50 per share will be credited to
Operating
Drive 16 M Microfilm Reader, the two com¬
joint, statement on Feb. 21.«
The reader, which has been successfully marketed for over a year
through independent ouilets throughout the country, will hereafter be
sold only through the n at'on wide Remington Rand Sales organization
Under the new agreement.—V. 171, p. 698.
in
Operating
"premium
account,
Net
oper.
after
—V.
171,
Rollins
Blair,
$
$
A.
22,100.184
Allen
15,751,130 190,476,275
2,761,395
income
charges
2,017,900
2,638,713
&
1,352
1,416,589
William
_„
$94,310
Southern
Canada Power Co
Gross
earnings
$473,281
$422,517
$1,878,969
202,644
842,231
84,856
charges
65,916
327,234
264,773
156,382
150,593
624,305
594,046
-
and
80,423
'
$18,968
171,
due
Gross
revenue
Gross
The
Feb.
will
504,416
vote
15
March
on
(1) Conversion
duction
from
plan
a
of
of
all
over
on
Net
the
—V.
171,
The
of three years
lease interests.
the
of
Creation
royalty
the
balance
National
Bank
of
to
Salt
Dome
of
cash
in
beneficial
of
The
certificates
on
will
be
payment
to
trust
which
(in
be
stockholders
to
To
the
the
of
liabilities,
the
66of
of
plan
the
of
certificates
immediately
company
is expected to
said.
shares
remain
statement
proxy
liquidation requires
outstanding
approval of
capital
of
The
ment trust,
latter's
stock.—V.
the
171,
to
April
1
on
Mutual
Feb.
17
Fund,
approved
Inc.,
the
recently
a
following approval of the
will
be
It
merger
merger
created
of
this
company
open-end
merger,
Invest¬
earlier in the day by the
stockholders of Security
Co.
share of Southern Realty Co. stock with a book value of
one
and
have
shares
seven
an
of
American
asset value
exactly
Fund
Mutual
equal
to
stock,
the asset
which
value of
will
$2
•
Realty
tockholders
of
a
in
Co.
together will
each
share of
Co.
organized Dec. 12, last, for the interest of
Co.
Certain Security Co. assets aggregating
was
Security
fixed
Oct.
to
was
a
closed-end
Mutual
Fund,
Inc.,
investment
is
an
company,
incorporated in
open-end
Investment
incorporated in Delaware, with 2,000,000 shares of $1
par
authorized, of Which 103,000 are presently outstanding.—V.
company,
capital stock
157, p. 1188.
Sentinel Radio Corp.—Files With SEC—
The
at
corporation
covering
$6.50
vlduals.
on
40.000
Feb. 15 filed a letter of notification with the
shares of common stock (par $1) to be offered
share, through Sulzbacher, Granger & Co. and ten iiidi-.
The proceeds are for working capital.—V. 166, p. 1896.
per
number
stock
restrictions
shares
of
shall
as
bids
of
for
to Jan.
the
underwriting
company
convertible
(EST)
noon
Yoik 6, N.
New
of
proposed
a
due
debentures
March
on
9,
1950 at
to be
Bids are
Y.
as
record
Feb. 21 asked the ICC to
on
March
10,
1950.
March 31,
on
Subscription
ap¬
stated
each
below,
indenture
from
March
the
on
to Central
a
surrendered
for
thereof two
cipal amount,
times such
less
than
conversion
but
$50,
debenture
conversion
of
Is
not
surrendered
for
issue
volved.
a
$100
scrip
1,
New York
Hanover
rate
54,427,529
48,892,830
income
3,064,846
taxes—
4,302,983
operating
income
6,758,793
5,727,308
21,712,183
18,653,242
(net)____
226,687
150,683
690,862
320,986.
6,985,480
5.877.991
22,403,045
18,974.228
1,411,352
3,650.265
6,243,080
5,386,942
5,574,128
4,227,726
5,187,500
3,250,000
16,159,965
17,562,500
13,587,28&
13,000.000
—
$4.60
$5.23
is
conversion
Stock Exchange.
entitled
in
Bids
over
will
$100.
divisible
equally
conversion
will
the holder
$50,
receive
for
of
pay
cash
•
.
common
share
Into
$100,
receive
for
with
holder of
the
each
a
prin¬
$100,
of
stock
and
$1,000 debenture
requested
for
Sta-KIeen Bakers, Inc., Lynchburg, Va.
would
be
be
borne
the
debentures will
be
whatever
rate
and
or
proceed with the offering without underwriting, or may aban¬
postpone the offering.
the convenience of stockholders, arrangements have been made
Kuhn, Loeb & Co., 52 William St., New York City, to act as agent
stockholders in the purchase or sale of warrants for tnose stock¬
p.m.
holders
who
so
(EST)
about
Temporary
on
desire.
Such
March 30,
March
17,
debentures
orders
1950.
must
be
received
by
said
firm
by
The warrant will be mailed to stock¬
1950.
will
be
of
as
soon
as
practicable
after
common
stockholders
two
1735.
168, p.
Staten Island Edison
SEC
The
scheduled
has
Southern Union Gas Co.—Further Details of Common
Stock
Offering—A total of 115,275 shares of common
stock (par $1) are being offered by the company for sub¬
common
a
Corp.—Hearing
hearing
on
March
for
6
Sale—
upon
the proposal
Staten
Edison Co. of New York, Inc.,
to acquire
Island Edison Corp. from General Public Utilities Corp.
Consolidated
of
involves
proposal
The
purchase
the
by
for a base
of Staten
received!
its stock interest in
Consolidated,
price of $10,720,000, of all of the 325,000 outstanding shares
common
stock held by GPU.
The latter previously
Island
authorization
Island.—V.
SEC
Staten
to
negotiate
p. 699.
the
for
sale of
171,
Corp.—Barnsdall Stock Purchase Consum¬
mated—Merger Planned—
C'.
had
of
of
stock of record
shares of
consummated.
and
Howard,
Barnsdall
its
Atlas
800,000
been
Bennett
H.
President of this corporation, and Floyd B. Odium,
Corp., announced on Feb. 16 that the purchase by
Wright,
H.
President
Sunray
Edward
L.
and
Boyd
Mr.
.
the common stock of Barnsdall Oil CO.
Wright and Glenn J.
Smith, L. W.
succeeded Mr. Odium and Messrs. George
Mr.
Howell
Hatch
Wright
and Oswald L.
succeeded Mr.
Johnston
Odium
as
as
directors of
oS
Chairman
board.
that Barnsdall had concluded to discontinue the
announced
policy
of
Barnsdall purchasing substantial
its own stock.
In this connection, he further stated that
officers
and
financial
advisers of
Sunray
and
Barnsdall are
Mr.
Wright stated
previously
amounts
of
plan for the union of the
The purpose at this time is that
submitted to the boards of
directors
of
Sunray
and
Barnsdall and,
if authorized,
would be
promptly announced and thereafter would be submitted to the stock¬
holders of the respective companies.—V.
171, p. 754.
actively
engaged
businesses
April 1, 1950.—V. 171, p. 754.
scription to the holders of its
filed with the SEC on Feb. 15 covering
stock to be offered at $11 per share lor the
through Scott, Horner & Mason, Inc.—
notification was
shares of
account
V.
of
letter
A
1,895
the
delivered
Files With
required to pay
underwriting of the subscription of
and, if any such bid is1 accepted, the
by
—
would
the
debentures
the
to
for
$10,843,000 in.
1948;
1949; $1,278,000 in fourth quarter of
$1,963,000 in 1948.—V. 171, p. 139.
of
Sunray Oil
be
approximate amounts subject to possible
pending rate cases: $2,373,000 in fourth
following
the
connection
in
1949;
year
-
—
Includes
refund
$100, prin¬
the excess of
the
for
shares
receive 20
to
interest
of
holders
3
income
each
to pay
For
for
Net
Earnings per
If such conversion price is
be specified in the bid of the successful bidder.
In case no satis¬
factory bid is received and accepted, the company may fix the interest
don
deductions
a
may
rate
income
Total
cash.
will
stockholders
rate
income
SEC—
If the conversion price
than
and be required
shares
price
more
quired to pay $10 in cash, and the holder of a
be
on
here¬
remaining fractional share in¬
At the basic conversion price of $55 per share, the holder of
debenture would receive two shares of stock and would be re¬
or
-1948
$
$
60,358,164 261,742,269 226,752,573
—
expenses
taxes
Interest
payable on
Application
31, 1950,
1950).
(beginning Oct.
year
will be provided in the indenture.
time
1949—12 Mos.
$
$
68,554,151
revenues.—
operating
Other
quarter
They will bear interest, at
an
warrants
1950.
under
trustee.
list the debentures
the
Co.—Earnings—
not less
be issued
of
converted into shares
30,
212,204,305 185,048,220
1,973,527
7,890,550
6,230,573
3,764,499
)9,935,231
16,820,539
Operating
Other
$37,727,600
o'clock
12
(EST)
as
1
the
been Issued upon
Period End. Dec. 31—
•Operating
Dividends
as
been
have
in
1950.
SPlus such number of
conversion of preference common
1950.—V. 171, p. 754.
subsequent
Southwestern Bell Telephone
for Bids—
to subscribe for the debentures
multiples thereof) at the rate of $10 for each
cr
contained
5,351,142
The
of
under
issued
indenture.
be outstanding at any time
that additional bonds may be
may
except
the
subsequent to Jan. 30,
such
SEC
which
with
is
effect at
for
California, with 115,000 shares of $30 par value, all of which was issued
tnd outstanding.
American
be
Co.,
and
debenture
share
$230,000 book value have been transferred to it.
Security
$100
made
justment,
receive
Security Co. stock as of the close of business Feb. 17, with all Security
holdings at market value.
Southern
$6,416,436
5,732,045
expected that the debentures will be convertible, at the option
of the holders thereof at any time after issue up to maturity or five
days before earlier redemption, into shares of the common stock, with¬
out par value, at a conversion price of $55 per share, subject to ad¬
$100
the
of
terms
$6,915,231
will have the right
held
& Trust
option
shareholders.
Under
4,336,393
5,243,171
cipal amount, thereof the largest whole number of shares resulting from
dividing the conversion price into $100 and the1 company may at its
stockholders
America
of
two
Security Co., Los Angeles, Calif.—Merger Voted—
with
444,818
debentures.
stock
of
Distribution
basis.
'
and 8.
139
pp.
of
effective
become
holders
dissolution
on
discharge
37,941,959
38,707,247
527,581
,
trust
the
in
before
Broadway,
expire at 3 p.m.
Bank
by Salt Dome
from the sale of its properties will be used, together with other funds,
to discharge all of the company's liabilities, including bank loans.
A
balance of approximately 10 cents a
share available for distribution
after
3,401,618
$620,104
stockholders
stockholder
after
the trust.
to holders of
quarterly
received
bonds
1949—3 Mos.—1948
$614,561
receive
at or
1131,605 shs.
§1,498,579 shs.
2,000,000 shs.
unlimited
shall have
as
Net
The debentures will
interest.
$400,000
$49,244,793
523,775
will
165
amounts
conveyed
be
would
interest
share-for-share
a
made
$4,466,540 $50,865,649
Pacific Co.—Invitation
its
the
share
Cedar Point operation and
payments.
The South Texas
beneficial
of
94,285
316,199
and interest.
par
Each
•
to
to
1960,
2117,
prove
the sale
from proceeds from
will be trustee of
Houston, Texas,
of
the
production
from
stockholders,
the
trust
of
from
received
of $400,000
Distribution
(4)
indenture
an
payments
110,651
3,475,896
income
company
April 1,
will
(3)
the
is
accordance
common
stock
.__
$1)
(par
amount of
in
shares
364.
p.
offering
The balance of $400,000 will be received
period
from
of
325,000 shs.
includ¬
and
1949—12 Mos.—1948
10,084
$4,406,656
charges
Southern
assets
of
sum
i
1959)
stock
indenture
only
30,000 shs.
23,707 shs.
preference common stock
1,
the
26,889 shs.
30,000 shs.
;_
ing June
Common
27,000 shs.
25,000 shs.
:_
:____
$4,476,624 $50,976,300 $49,339,078
10,104
rev._
___:
operating
after
Net
and properties, except
$800,000, of which $400,000
interests,
lease
for
$2.10
series
(convertible to
Federal
stockholders
to
Standard
immediately.
estimated
an
production
of
other
assets,
oper.
Operating taxes
Room
current
1949—Month—1948
$4,416,760
revenues
Uncollectible
than
of
(2) Sale
$1,439,611
$2.16
(par $100)
(120,000 shares):
(par $1)
•The
$1,476,611'
shares)
96,000
stock
series
JLess such
Operating revenues
Operating expenses
liquidation
of
$134,991
(on 685,000
171, p. 594.
Period End. Dec. 31—
company's present one-half interest in pro¬
held jointly with Standard Oil Co. of Texas (a
subsidiary
will be received
412,296
in
cumulative
$1
2,081,152
1,851,907
;
$139,955
Operating
operation.
Certain
;
412,296
(
Oil Co. of California) in the
Cedar Point Field in Texas, into a perpetual overriding royalty equal
to one-half of the net profits realized by Standard
Oil Co. of Texas
from continued operation of the field.
The Standard also will pur¬
chase Salt Dome's one-half interest in equipment used in the Cedar
Point
1,888,907
34,358
Southern New England Telephone Co.—Earnings—
the
of
leases
owned
wholly
169,349
34,358
$9,411,036
preferred
.
mailed
according to proxy material
involves the following steps:
plan,
23,
2,014,708
174,313
Stock—
$9,124,937
$18,000,000
—
___.
payable
series
4%%
182,706
Balance
Liquidation—
the board of directors.
adopted by
1950—12 Mos.—1949
$848,159
Outstanding
2V»'/»
bonds,
fund
FINANCING
PRESENT
TO
EFFECT
series
lAVo
5f/o
195,361
pfd.
on
—V.
stockholders
The
4
Co.—Earnings—
$849,509;'
$1,000,000 to $3,075,000
this company with J. P. Morgan
& Co. Incorporated, Connecticut Mutual Life Insurance
Co. and Massachusetts Life Insurance Co.—V. 170, p. 1808.
GIVING
1975
notes
Cumulative
j
increase of its long-term loan by
company
$18,032
$85,199
$870,009
________
income
Divs.
Corp.—Negotiates Increase in Loan—An
Salt Dome Oil Corp.—To Vote on
$3,364
1950—Month—1949
income
Net
has been negotiated by
600
Co
Capital Stock—
issuable
Earnings per common share
Cable
Rome
600
&
sinking
mtge.
series
)
._
Inc
Co.
&
'
900
600
Co._i
Authorized
First
364.
p.
Southern Indiana Gas & Electric
:
364.
P.
900
—____
838,543
15,726
7,642,966
1,251,418
900
Co.___
CAPITALIZATION
$1,715,394
217,508
—V.
$9,743,893
1,500
;__
1950—4 MOS.—1949
mainten
Operating
Taxes
1,800
1,200
—
—
Woodard-Ehvood
Ltd.—Earnings—
1950—Month—1949
$9,759,619
$1,238,095
670,112
$132,963
58,036
income
oper.
171,
&
2,100
Co.
Co
Staats
R.
.
3,000
2,700
Co
Fridley & Hess
13,986,818
22,776,897
—
Graham, Parsons &
(Inc.)
—
Co
18,921.827
27,862,095
4,500
2,700
1,800,000
—
Co.
&
and
6,000 shs.
2,700.000
1,800,000
Inc.____
Co.,
&
Inc
Burr,
Gibson
C.
—
—
Pierce
Boenning
Surplus
$906,673 $10,893,847
648,362
8,181,212
125,348
1,474,540
$947,876
749,452
104,114
revenues—
expenses.
after
Pfd. Stock
$8,100,000
3,600,000
Inc
Co.
Southwest
First
22,865,212
364.
p.
&
Hemphill, Noyes,
Central Republic
172,464,631
31,319,076
1,782,088
2,181,570
—
Period End. Jan. 31—
Net
underwriters named below
principal
the
Co._
&
Rauscher,
19,551,118 249,657,446 214,251,670
16,700,076
Period End. Jan. 31—
1949—12 Mos.—1948
$909,411 $10,914,778
2,738
20,931
$949,228
revenues
Uncollectible oper. rev._
—V.
of
Allyn and Company, Inc.__
C.
McAndrew
to
1949—Month—1948
Operating
Net
capital stock."
on
Shares of
19,633,144 250,711,482 215,041,926
82,026
1,054,036
790,256
108,782
rev—
taxes
operating
Net
Corp.—Earnings—
Rochester Telephone
taxes.
the rate of $2.50 per
Co.—Earnings—
1949—12 Mos—1948
Int.,. deprec. and divs—
Period End. Dec. 31—
Operating
paid by the
been
has
agreed, severally and not jointly, to purchase from the company
principal amount of the bonds and the number of shares of 4
preferred stock set forth beiow opposite the name of such underwriter:
Installment
Operating
which
the
Boettcher
Roanoke, Va.
Operating
issued as of March
will be
shares
of
payments duly made at
has
W.
notification with the
be offered at par
($10 per share I
with the company offering 15,202 shares and the
remaining
2.000 being offered by
the company's sole stockholder,
Roanoke Gas Co. There will be no underwriting.
Th- proceeds are
to be used
to construct and operate a pipe line from Gala, Va., to
17,202
$
22,208,966
revenues
—
Co.—Files With SEC—
Feb. 14 filed a letter of
shares of common stock
on
company
price
UNDERWRITERS—Each
par
working capital.
Operating revenues—
Operating expenses
a
Roanoke Pipe Line
covering
allotted
of
subscription
Coffin
Electronic
Co.'s
number
full
stock, the proceeds to be used
common
time of their surrender
pursuant to due exercise
for
will
that
hearing
a
subscribed
stock
common
warrants, in order to qualify for the quarterly dividend action,
to be taken by the company for payment on or about March 15,
be issued as of March 6, 1950; provided, however, that as
shares of common
stock subscribed for subject to allotment, only
rights to the American
has acquired exclusive sales
This corporation
of
Bonds
Uncollectible
panies announced
shares
1950,
the
its
to
1949—Month—1948
Inc.—Acquires Full Rights on Film
Rand
each
accompany the warrants at the
company's agent for exercise.
if any,
Charlotte, S. C.—Rights—
offered
Southern Bell Telephone & Telegraph
304.
p.
for
the
of
$750,000 to convert
gas.
March 6 to
111.
90,
in addition may subscribe for additional
Partial payment at the rate of $2.50 per
additional share subscribed lor subject to such allot¬
warrant,
must also
the
All
698.
p.
Chicago
Street,
a
subject to allotment.
aggregate partial
Factors Corp.,
in
company
171,
subscription
a
of
holder
share
ment
to
at
LaSalle
South
The
shares
Co.
interested persons until
gave
application.—V.
Southeastern
The
&
record,
50
2147.
p.
construction,
new
like amount of bank loans, and
a
appliances for the
gas
the
upon
Reader—
The
$4)
of
Kaplan,
bank
Period End. Dec. 31—
Remington
SEC
at
L.
issue
an
(par
units
has requested SEC authorization to issue and sell an
$3,300,000 of promissory notes from time to time prior
1950.
($1 per share)
surplus.-
Deficit.—V.
Optical
in
Michael
$38,000
a
stock
transferred
inc.
earned
to
announced
offered
of
Guarantee Bank
for
Net
of
new
borrowings are to be made from four commercial banks.
lending agencies are The Chase National Bank of the City of
York, the Philadelphia National Bank, Boardwalk National Bank,
and
$709,340
Cr4,345
income
from
8
preferred
common
pay
of
the
The
106
inc.
Net
Feb.
5c),
of additional com¬
stock then held
price of $17.50 per share.
This stock was offered by the company on Feb. 17 con¬
currently with the sale of $18,000,000 2%% first mortgage
bonds and $3,000,000 of 4%% preferred stock (see V. 171,
p. 754). Further information follows:
The company is issuing to such holders of its common stock nego¬
tiable
warrants evidencing such
subscription rights and exercisab e
only in amounts calling for full shares. These warrants are exercisable
upon issue and will expire at 2 p.m. (CST) March 6, 1950.
To be duly
exercised, warrants are exercisable at The Northern Trust Co., agent,
stock for each 12 shares of common
mon
be
to
The
Extraord.
Deducts,
par)
(no
30,1950, in the ratio of one share
Jan.
the
company
customers'
$707,565
1,881
ordinary
stock
with
notification
payable and for general corporate purposes.—V; 169,
Nov.
New
Net
of
South Jersey Gas Co.—Plans to Sell Notes—
$756,526
income
nary
letter
a
1402.
p.
on
$325,000 lo refund
inoome
from
ordi¬
Gross ordinary
common
holdings
to
aggregate
712,777
"$11,592
the
accounts
$43,749
Dr20,705
communication
of
(par
shares
from
to
income—non¬
shares
25-cent
stock
common
The
Net
filed
170,
corporation
nonconvertible
is
$18,075
16
1950
Monday, February 27,
CHRONICLE
Sightmaster Corp., New Rochelle, N. Y.—Stock Offered
1949—12 Mos.—1948
$1,275,448 $1,327,211
1,257,373
1,283,462
1949—Month—1948
$118,593
$129,916
109,480
150,861
Period End. Dec. 31—
Feb.
on
5,500
underwriter.—V.
America—Earnings—
Radiomarine Corp. of
FINANCIAL
offered
share, subject to market conditions, by the national Shaw¬
of Boston.
Paine, Webber, Jackson & Curtis is named as
Bank
mut
&
Association, Boston, Mass.—Files With SEC
covering
$16
at
be
an
by
Exchange directs that the common stock
distribution until further notice; and that
after March 3, 1950, must be accompanied
pp. 364 and 560.
Stock
York
New
quoted
not
of
shares).
fractional
for
certificate
the
to
Association
The
incorporation will be filed on
March 3. 1950, pursuant to which each share of common stock, of no
par
value, will be changed into 1 xh shares of common stock
of no
par value,
by the distribution on March 21, 1950, of one-half share
to holders of each share oi record March 3, 1950,
(.scrip to be issued
amendment
An
COMMERCIAL
THE
(852)
8
in
of Sunray
plan,
when
preparing a
possible
and Barnsdall.
prepared,
would
Continued
be
on
page
42
Volume 171
Number 4885
COMMERCIAL
THE
&
FINANCIAL
CHRONICLE
(853)
Stock Record «» New York Stock Exchange
SJULY RANGE OF PUCES
WEEKLY VOLUME OF TMHNS
YEARLY RANGE OF SUE PRICES
FOR EVERY LISTED ISSUE
Range for Previous
STOCKS
Year 1949
Lowest
t per share
37
LOW
STOCK
YORK
Par
49% Jan
13
54% Jan
21
Abbott Laboratories
2% Feb
1
3% Jan
11
ACF-Brill
Oct
21% May
19% Jan
3
21% Jan
11
Acme Steel Co
Jun
23
17%
Jan
51
3%
Dec
21
Feb
14
23% Jan
11
Adams
Jan
24
42 Va Feb
20 Va
1
—No par
Express Co
Sep
14
Adams-Millis
Dec
43
Jan
13
50
Feb
24
Addressograph-Multigraph
19 %
Dec
17% Jan
3
26
Feb
24
Jun
11%
Dec
9% Jan
26
Admiral Corp new common
Affiliated Gas Equipment com
May
51%
Dec
Jan
5
18%
Jan
97'/a Mar
27/a
23% May
Dec
110%
51
22% Feb
11% Feb
53
121
5
Jan
9
10
25% Jan
14
110% Jan
Feb
24
Corp
9
Jun
4%
Nov
3% Jan
3
13 Va
Feb
18%
15
18% Jan
10
Apr
73
Dec
Sep
16% Feb
64
67% Jan
4
71% Feb
9
4
Dec
3 Va
20
*21%
22
21%
21%
21%
21%
STOCK
*40%
41%
*40%
42%
EXCHANGE
45%
45%
46%
46 Va
47
48
23%
24 Va
23%
23%
24 Va
25
11%
11%
41
*40%
11 Va
11%
11%
11%
53
23%
52%
52%
23%
*119
3
17
70
71
16%
*70
23 Va
*119
3
21%
22
2,200
BIRTHDAY
50
25
26
11 Va
WASHINGTON'S
48%
11%
11 Va
52%
23 Va
•119
3
16%
16%
•70
71
82%
Dec
78 Va Jan
3
85% Feb
2
100
81
81
81
81
82
82
80%
Jan
86 Va
Dec
80% Jan
24
83 Va Jan
4
$2.50 prior conv preferred-No par
*81
83
*81
83
81
81
♦80 Va
17 Va
Jun
27%
Jan
21 Va Jan
3
25% Feb 24
24%
24%
25%
88
Sep
Jan
5
100% Feb 24
83
July
Allegheny Ludlum Steel Corp_No par
$4.50 conv preferred
No par
Allegheny & West Ry 6% gtd___100
6
Jun
104
Mar
93%
94
Feb
Jan
8Va Jan
3
Jun
210
Dec
200 Va Jan
13
15%
Jun
19
Dec
Jan
3
24%
Jun
30%
Oct
x27% Feb
25 V,
Feb
35%
Dec
83%
Jan
97%
Nov
93
165
8%
19
9% Feb 23
211 Va Jan
21
23
Allen Industries Inc
Allied Chemical &
Feb
2
24
29% Jan
11
Allied
32V2 Jan
13
36Va Feb
3
16
95 Va Jan
3
13
24%
*100
1
Dye
3%
Feb
Dec
31% Jan
34% Feb
24
88
Oct
86 Va Feb
17
90 Va Jan
18
preferred
100
37%
Dec
35 Va Feb
20
38% Jan
11
Alpha Portland Cement
No par
2%
Jun
11
Amalgamated Leather Co com
89%
Feb
3% Feb
14
Jan
40
Jan
120% Oct
102
Jan
4% Jan
26
*
40
Jan
26
18
113% Feb
3
6%
conv
50
*105
Corp
Jan
45
Sep
40 Va Feb
2
44% Jan
10
Amer
Jan
10% July
9% Jan
3
11% Feb
18
American Airlines common—
Jan
70
Dec
Feb
10
Jun
27
Dec
20% Feb
24
61% July
x7% Jun
69
Oct
64
Feb
2
12
Dec
10% Jan
13
30% Mar
35
Jan
32% Jan
96% July
5'/a Jun
104
x69
75 y* Jan
6
26% Jan
67
7
3%%
cum
12
Amer
Jan
preferred
Brake
Shoe
Co
8
7% Jan
13
9% Feb
20
American
Jun
4%
Dec
3% Jan
3
5yaJan
14
Jan
106%
28
American Can Co
172% Mar
Dec
105 Va Jan
3
119
Jan
187%
Sep
183 Va Jan
4
190
Jan
18
Jun
33%
Jan
25% Jan
3
30% Feb
15
60
Jun
82
Jan
70% Jan
4
79
16
Feb
Broadcasting Co Inc
73%
73 %
24%
20%
67
13 %
13
34
34%
34%
80
13%
20,100
13
r'
34%
34%
34
102%
102
9%
9Va
9%
4%
5
4%
4%
4%
4%
4%
4%
4%
4%
45,300
9,500
1,800
103
102
102%
*
25
112%
112%
112%
112%
111%
112V*
110%
ill'A
111%
111%
100
*186%
187 Va
186%
186%
187% 187V4
187%
187 Va
187%
188
No par
30%
30%
29%
30 Va
29 %
29 Va
18
79
79
79
79
78%
79
25
25
50
preferred
100
9
Oct
18
Jan
5
18% Jan
Mar
82
Jan
3
86% Jan 23
49
24
128% Feb 24
27
Chicle
25
25
25
25
50
49%
49%
49 %
49%
X47%
*19%
19%
19%
19%
19%
21%
22%
*18
18%
*18
18%
*18Va
•18%
100
*86
87%
*86
87 Va
*86
18%
87%
53%
541/4
A-100
124%
126%
20
*33%
34'/a
10
53%
33 Va
54%
53%
124 %
♦86
125 Va
34%
34
LOW
STOCK
YORK
24%
53%
126%
125
STOCKS
NEW
Highest
•77%
10
American Cyanamid Co com
3 %% conv preferred series
American Distilling Co
Range Since Jan. 1
28'%
lo
Co
Colortype Co
American Crystal Sugar com
4%% prior preferred—
Range for Previous
53%
126
34
AND
33%
HIGH
SALE
Monday
Tuesday
Wednesday
Feb. 18
t per share
Feb. 20
Feb. 21
Feb. 22
$ per share
Par
t per share
Sper share
28 Va
&%
4,200
78 Va
77%
77%
500
25
25
25 Va
1,800
48%
47%
48%
2,100
23
22%
22%
2,400
*18%
18%
*86
87 Va
18%
87%
54%
54%
55 Va
17,700
127 Va
123%
4,900
33%
127
33%
700
33%
PRICES
Saturday
EXCHANGE
Thursday
Friday
S per share
Feb
6%
Oct
6% Jan
6
7% Jan
30
American Encaustic Tiling
1
6%
7%
6%
6%
6%
6%
6%
19%
Dec
18% Jan
28
19% Jan
12
No par
*19%
19%
19%
19 Va
*19 Va
19 Va
*19 Va
Jan
21%
Nov
20% Jan
19%
13%
3
24% Feb
4
American European Secur
American Export Lines Inc
23%
23 %
23'%
23%
23%
23%
Jun
3%
Dec
2% Jan
3
3% Jan
11
Amer & Foreign Power com
No par
3 %
3%
3%
3 Va
3 Va
64 Va Jan
74% Jan
3
10
23
3 V8
69%
Dec
Jan
19 V*
Dec
16
Jan
3
19% Jan
10
$7 2nd preferred A
No par
18%
18%
18 Va
18%
18 Va
18 %
37
Jun
61%
Dec
54
Jan
3
64% Jan
11
$6 preferred
No par
59%
59%
59%
60%
60
Oct
51%
Dec
49% Jan
3
54% Feb
3
—10
53 V*
53%
52%
53%
53
53%
Jun
43%
Oct
39% Feb
9
42% Jan
18
American Hawaiian
10
*40%
41
40%
40%
*40%
Jun
5 V»
Oct
4% Jan
3
5% Jan
12
American Hide & Leather
1
5 Va
5%
5 Va
5 Va
5
3
EXCHANGE
67%
60
45%
STOCK
Jan
6V4
34
3 Va
Jun
48
Nov
47 % Jan
24%
Jan
32%
Dec
31% Jan
4
5%
Jan
9%
Sep
7% Feb
6
46
88
Feb
15 V*
Dec
14
Jan
Dec
21% Feb
Jun
18%
Jan
15
Jan
27
Jan
4
12%
Aug
20
11
American Ice Co
91
Jan
20
15% Jan
9
preferred
100
100
18% Feb
15
American Locomotive
18 V*
18%
17%
18%
18
18 V3
Feb
15%
16
17%
15%
16
91
92%
*91%
92 Va
3,200
44,800
90
91
89%
90
3
6
34% Jan
11
3
105% Feb
6
6% Feb 23
7%
100
Fdry com
preferred
29% Jan
13
32 Va Jan
5
34% Jan
25
36% Jan
28
16
21% Feb 20
Amer Pwr
13
14% Jan
Amer Rad & St
10
25
176% Jan 30
9% Jan
11
Co
_1
6%
67/a
30%
30%
30%
36 Va
*35%
7%
&
Co
Light
com
new-No par
San'y com—_No
preferred—
100
41%
American
Jun
9
Amer Smelt
Ship Building Co
& Refg com—
No par
54%
7%
♦83 Va
6%
0%
33
33
106
•105%
7
*6%
6%
6%
30%
36
36%
21%
20%
20%
20%
21
14%
14%
14%
143/4
14%
143/4
*175
7%
44%
44%
*40
54%
41%
54%
7%
44%
*40
54 %
•175
178
7%
7%
44%
54 V*
54%
.54%
•'.
5
13
Jan
24% Jan
3
27% Feb
18
American Steel Foundries
No par
27%
27%
31%
26%
26 %
29% Jan
13
27 Va
26%
Dec
33 % Feb
25%
17
American
No par
33
33%
32%
33
33
10 Va Jan
32%
Jan
5
33 Va
12%
25
19%
Jun
28
21V*
Jan
7%
Jun
31%
Feb
Dec
38 % Jan
Jun
128%
Nov
128% Jan
5
July
20%
Nov
19% Jan
12% Jan 17
13
45
Jun
150%
Jan
146 V* Jan
76%
Dec
71% Feb
153%
Dec
Dec
74
121
Aug
8Va Mar
151
Feb
76% Jan
13
117% Jan
7% Jan
9
154% Jan 11
75
25
120
3
23 Va Feb
3
150% Feb 24
6
67 V* Feb
20
22% Feb
17
Jan
24
43
3
Jan
Feb
13 2 V* Feb
24
Jan
Jan
4
11
10% Feb
S
32 Va Jan
28
94% Feb
10
Feb
2
6%
Jan
21%
Jun
38%
Sep
91 Va Mar
85
59%
Jun
80
Jan
69
4 Va
Jun
48 Va
Jun
65
Dec
30
65
Jan
25 Va
Jun
35%
Jan
28% Jan
3
31
Jan
3
22%
Jun
35%
Jan
28 Va Jan
13
31% Jan
12
Feb
Dec
7y8
Jan
'
5
Feb
17
5% Feb
14
62
Jan
74
7% Jan 10
Jan
27
Dec
106 V* Jan
20
48 V*
Jun
55 V*
Jan
x51
Jan
12
54
15%
Jun
28 Va
Dec
19 V* Feb
11
8 Va
July
2 Va
Aug
4%
Jan
26% May
42%
NOV
Dec
40%
108
11% Nov
footnotes
see
page
37
4
12
43% Feb 24
7%
preferred
6%
100
Snuff
non-cum
Co
Stores
100
Co
American Stove Co
No par
American Sugar Refining com
7%
common
11%
41%
'
*142
*11 Va
42
42
41%
*131
136
132%
162%
41%
41
142
12
11%
42
42%
132%
*131
11%
163'A
480
41%
*403/4
41%
400
143%
*140%
143 Va
10
2G
253/4
263/a
33 Va
333/o
33%
7,200
1,700
11%
42%
42%
•131%
11%
11%
42%
11 %
42%
43
*131%
133
133
1,500
2,700
100
21%
21%
22 %
22%
22%
22%
22%
*22%
22 Va
1,700
149%
149%
149%
149%
149%
149%
149%
149%
150 V8
26,000
72
72%
71%
72%
152%
152%
152%
152%
14
68 V*
68%
100
*118%
119%
V2
119%
72%
153
67%
*119
72%
72%
153
153
68%
..
68%
•119
119%
9%
9%
10
25,700
24%
23%
24
£3%
24
23 Va
23%
19,700
89 Va
89
90%
88 %
89
88
881/4
71%
♦70%
71%
*69%
70%
6%
6Va
61/4
6%
5%
6%
*63
72
6%
*70%
71%
6 %
6%
9%
*70%
*
6 Va
10
10%
•
64
63%
63%
63
63
297a
30%
29%
30 Va
29%
29
28%
29
28%
28%
Anchor Hock Glass
Corp com—12.50
$4 preferred
No
•28%
Anderson, Clayton & Co
23% Jan
7
Anderson-Prichard Oil Corp
42%
42%
42%
42%
par
*108
109%
*108
21%
*54
54%
54
54
10
22
22%
21%
21%
109%
42%
*63
-
64
210
30
30 %4
21,100
28%
29%
1,160
43V4
1,400
42%
43
107 Va
108
•53 V;
54 Va
*53%
21%
21%
21%
21%
213 b
21%4
*9%
10%
*9%
10 Va
100
3 Va
1,400
12
Andes
12
A P W Products Co Inc
5
3%
3%
3%
9
3%
*3%
3%
Archer-Daniels-Midland
No Par
*39 Va
39%
39%
39%
39%
39%
10
30
42%
3% Jan
10
63
23%
420
2,400
54%
10% Jan
10
10
109%
X44% Feb
*9%
63
10 Va
*53%
♦108
15
20
450
—
87
29%
9
119%
5,300
3,600
23%
29
H
*119
119%
703/4
9%
29%
Feb
73%
154
70
87
No par
109% Jan
73
153%
69%
24%
*70%
50
73
154
87
1
25
*118%
68
24
No par
com
$5 prior conv preferred
Anaconda Copper Mining
Anaconda Wire & Cable
9%
68
13
20.
5,200
21%
25
prior preference
Copper Mining
163
800
1,000
55
41%
133
Feb
3
164
4,500
41%
•140%
41%
142
34% Jan
9% Jan
164
163
19,700
149 Va
American Water Works Co Inc
5
American Woolen common
No par
7% preferred
100
Amer Zinc Lead & Smelt
163
143
100
preferred
conv
162%
41%
54%
108,300
5
American Viscose Corp common
5% preferred
$4
11%
162%
143
45%
*40
700
100
American Tel & Tel Co
6%
142
loo
American Sumatra Tobacco
Tobacco
*41
*
100
preferred
American
162%
25
common
preferred
7%
45%
40
100
8,000
.
177
7%
45
40
Jan
American
*175
7%
44%
Jan
18
178
41%
42
Jan
3,200
2,200
30%
145
166
6%
33%
35%
2
141
7
13,000
106
30%
13
158
6%
33%
♦105%
35%
27
Sep
6%
32
106
30%
Feb
Dec
85
20%
176
400
16 %4
*83%
36
Jan
Dec
42%
150
Xlo%
30%
40% Jan
164
Jan
16%
85
14%
7%
54'%
*6%
16%
85
21%
Va
*175
45
*40
3
For
178
*44 Va
11
Jan
*175
No par
Jan
43% Jan
99 Va Mar
14
No par
48
10
13
25%
21
14%
7%
26
79
21
14 %
5
39% Feb
Apr
20%
par
American Safety Razor
American Seating Co
53 Va Jan
Xll7%
*105%
*35 Va
Jan
49 Va May
6 Va
33
106
36 %
Dec
135
7'
6%
33
*105 Va
30%
Nov
60%
6%
33
_
30%
56%
138
*6%
16%
*35 Va
43%
16
6 %
33%
106
16%
*83%
*83
92%
17
33
No par
49
120
6 %
*33
*105
♦91%
16%
85
No par
News
Jun
Jan
*
No par
90
*83%
16%
American Natural Gas Co
Jan
Feb
*83%
American
37
57% Jan
16%
100
Amer Machine Sc Metals-
American Molasses
*91
No par
American Metal Co Ltd com_No par
4%% preferred
100
7% Jan
10
1
preferred
3.90%
5
7
common
Amer Mach &
23 Va
34%
1,600
90
5% Jan
142
5,900
8 Va
21%
32% Feb
130
32%
*7%
15%
104 % Jan
39 V*
*89
100
32%
8
213/4
Dec
44 Va Jan
7%
*88
Nov
Feb
32%
7%
*15%
33%
7% Jan
32%
*7%
90
105%
176
32%
7%
21%
Jan
Sep
33 V8
7%
15%
Jun
Dec
'32%
7%
21%
Jun
8%
32%
7%
49%
•15 Va
4%
178
32%
*47
15%
22%
96%
Mar
32%
1
No par
common
5%
48
21%
8
6% Mar
2,400
5%
48
15 V8
20
169
300
5%
5%
49%
21%
Feb
13% Jan
53
41%
*88
Feb
Jan
52%
41 %
*
17
14%
53
41
15%
84
Jun
1,300
7,400
52%
41
BIRTHDAY
5 Va
217 8
4
10
7,000
90
12
19% Feb
18%
593/4,
68%
21%
Jan
Dec
17%
59%
*15%
78
Aug
*48
1,900
18 %
60
*88
14% Jan
36 %
49 Va
WASHINGTON'S
68%
18
60
CLOSED
21%
Sep
33 V4
*48
41
69
5,000
15%
Jan
Feb
49%
69
100
Va
90
Dec
Nov
69
3
21%
84
28%
5%
69
3
1,000
9,100
15Va
15 Va
32
69
24
American International Corp_No par
111
1
Jan
6% Jan
non-cum
*48
50
69
3%
19%
23%
24
Share«
7 Va
19 Va
American Investment Co of
Jun
Oct
6%
69
6%
*
22% Jan 12
Jun
7
6%
Jan
11%
Jan
com
convertible preferred
American Home Products
76
5%
Co
30
73
7% Mar
SS
Co
Jan
84
102
& Electric
8% Jan
6
100
Gas
34
13
22 Va
Feb
11%
American
No par
48
4
Feb
15% Mar
73
$7 preferred
the Week
S per share
6%
Feb
Sales for
Feb.24
Feb. 28
I per share
4%
40c
120
29
15%
44
3,000
300
common
1%
Jun
1%
34 V*
102
American Car & Fdry com
1% preferred
14
Sper share
13
900
7,300
9%
No par
$ per share
66%
13%
12%
No par
Lowest
21'/a
300
34 Va
American
Highest
73
20%
'
•101%
American
Year 1949
73
*65 Va
67
74,900
21%
67
1,700
11%
73%
22%
44%
11%
44%
9%
American Chain & Cable
$ per share
*72%
44%
,11%
34%
12
Lowest
11%
102%
15
35 Va Jau
44
11%
107%
9%
23
55 Va Feb
44%
11%
800
45
♦105%
34%
Feb
13
44 Va
1,100
3%
101 Va
Feb
16
*38 V*
500
36
97/a
50
13
3%
9%
23
Jan
35 Va
9%
7
32% Jan
10,500
88
9%
24
115% Jan
200
34%
34
1,100
3,600
*102 Va
24% Jan
Dec
94 Va
1
convertible preferred
18% Jan
Dec
35%
*87
45
11 Va
13%
44% Jan
36% Mar
35 Va
*93%
106 Va
44%
*66
2,400
200
27%
4
11%
12%
Sep
51%
105 %
2,600
20 %
35%
44%
13%
Dec
120
35%
11%
66
Dec
Jun
35%
•39
9%
205
x27%
88
44
24%
19 Va
Jan
9'A
33%
87
45
100
*19%
28%
33%
•3%
100%
-
33 V3
4
200
8,600
91
204
35%
106 Va
73%
47%
Feb
9%
20
94
*104%
66
25%
99
*38
204%
1,000
25%
100%
91
35 Va
104%
73%
Feb
35 Va
25
100%
94
104%
24
Feb
25%
105%
67
July
19%
*3%
24
15%
87
35%
3%
25 Va
87
45
73 V2
19 Va
71% July
35%
3%
*39
24
39%
26% Jan
3%
45
33
15,400
82
83
9
28
2,300
1,200
3%
*80
*30%
35%
*86%
35%
35%
33%
86%
3%
80%
204
•19%
2
16%
71
1
American Cable & Radio Corp
21%
33%
3
16%
♦70
3%
100
5,400
122
83
94
*93
*86 Va
87
3
16%
52%
23 V*
23
*119
71
4,800
51,000
10,700
11%
100
101% Feb
81
35 Va
94
73
com—No par
Jan
Jan
2%
35%
*66
2
10%
4%
35 Va
10
American Bosch Corp
35
28%
50
24
104% Jan 20
28%
*52%
23%
11%
100
common
15
6%
9
20
*28
♦88%
206%
*93
33 %
•100
52%
122
44
l
preferred
conv
American Bank Note
Feb
13% Feb
3
3%
No par
Agricultural Chemical—No par
Petroleum
6%
51
35%
*39
34%
20
33%
*86 Va
1
convertible preferred—
Amerada
9
*19%
28%
94
24%
91
206%
35 %
*93
*88%
9
3%
100%
20
35%
Stores Corp common—No par
preferred
100
Allis-Chalmers Mfg common_Nopar
*100
3%
208
206 Va
28%
Jan
4% Nov
9
209
*28 Va
4%
3%
91
20
Jun
43
9
3%
101%
*88
19%
26%
Apr
*100
19%
76
37
24%
No par
Mills
3 Va %
24%
5
25%
33%
3 Va
91
209
No par
Allied Kid Co
3%
101%
*88
Allied
Feb
3%
42
*40
25
Feb
1
42%
48%
24%
Feb
Jan 11
1,300
1,200
21%
2%
4 Va
6,200
3 Va
20 Va
64%
14
Share 1
51
20%
40 Va
3% Feb
♦3
46
3%
16%
50%
3
20%
•40%
23%
*70
51
21%
CLOSED
122
3
16%
71
Sales for
the Week
$ per share
20%
52%
*52%
23%
122
*119
3
16%
*
-100
23%
122
3
5
common
preferred w w
Allegheny Corp common
5%% preferred A
3
20
No par
4%%
49%
20
52%
100
10
$ per share
51%
3y8
1
&
Inc
51%
50
Vlcksburg Ry
Alaska Juneau Gold Mining
Aldens
52%
Friday
Feb. 24
Feb. 23
f per share
$ per share
3 Va
3
Thursday
»
Feb. 22
20
—1
Air Reduction Inc
Alabama
51%
3
PRICES
Wednesday
20 V8
Corp__10
$3 preferred w w
1
Feb
3
t per share
5 2 Via
10
47
5%
52
*2%
14'/a
46
Feb. 21
2.50
277/a Mar
44%
Tuesday
Feb. 20
$ per share
5
Co
Motors
41
Nov
Monday
Feb. IS
t per share
Sper share
HIGH SALE
AND
Saturday
EXCHANGE
Dec
Jun
35
$ per share
NEW
Highest
Dec
Juq
1%
xl7Va
Range Since Jan. 1
Lowest
Highest
*10
10%
3%
39
42%
107
3%
3%
39%
39%
107
54
40
70
100
7,300
1.4C0
9
10
(854)
THE
COMMERCIAL
NEW
Range for Previous
NEW
Range Since Jan. I
•'
Highest
Lowest
Highest
$ per share
$ per share
5 per
Jun
29%
Dec
26 % Jan
13
31% Feb
24
Jun
95
Feb
89
Jan
3
99 % Feb
5
Jun
8%
Dec
Jun
77%
Jan
38%
Jun
51%
Dec
94
Jun
101%
Dec
Jun
114
Oct
111% Feb
15
Feb
10
9% Jan
4
7% July
11%
Feb
95
Apr
109
87
Apr
30%
Feb
7% Jan
Jan
13
43
Jan
100% Jan
9% Jan
13
69
Dec
16%
13%
15
Jan
30
Armour
9%
9%
of
Illinois
9
9
12% Jan
9
Artloom
5
com
Arnold Constable Corp
Dec
100
Jan
4
104
50%
Nov
47% Jan
13
9
Feb
Jan
100 Va Jan
16
110% Jan
20
Atch
103% Jan
27
104% Jan
12
5%
3
Jan
12% Jan
32%
Jun
47
Jan
41
Jan
13
46
Jan
31
53
Feb
73
Dec
68
Jan
28
70% Jan
5
77
Feb
94
Mar
87
30%
Jun
42%
Dec
112%
Dec
102
Dec
14% Feb
6
Jan
13
89% Jan
20
36% Jan
24
40% Feb
3
108% Feb
1
112% Feb
24
102
*101%
*112
112%
*112
112%
—5
Carpet Co Inc—
A
preferred
T F Inc—
&
G
5%
W
No par
1
common
4%
93%
Jun
5
101% Feb
1
Jan
24% Aug
22% Jan
19
25% Feb
7
Jun
58
Jan
52 % Jan
16
55% Feb
3
Atlas
100
Feb
110
Sep
Feb
series
4%
13%
Feb
4%
105
Feb
2
110
Jan
5
20%
Jan
13
7%
Sep
15%
,
Jun
10%
Dec
Nov
Dec
25
Feb
16
24
8
Jan
10
Austin Nichols
Jan
25
15
6% Jan
17% Mar
15% Jan
12% Jan
10
14% Jan
3
3
7% Jan
12'
12
4%
Jun
7%
Jan
5% Jan
3
7% Feb
16
34%
Jun
44%
Jan
37% Jan
4
46% Feb
16
Conv
Mfg Corp
*10%
10%
400
15%
15%
107%
104
*102%
57%
57%
*57
108 %
57
16
107%
104
108%
*57
104%
104%
104%
104%
104%
104%
13%
13%
13%
14.%
14%
14%
14
14 V8
45%
45%
46
45%
45%
45%
45 %
45 %
3,900
104 %
500
14%
5,100
45 %
3,400
13%
45%
*70
71%
70
70
CP
69
89
89
88
88
68
88
*87
39
38%
38%
38
38%
38
33%
112
•
69
89
111%
111%
111%
111%
111%
111 %
101
.
101
101
101
101
101%
112%
112 %
660
100%
101'%
100%
101%
450
25
24%
24%
24%
24%
x24%
25%
5.700
55
55
55%
x54 %
*105
108
*105
*7
7%
7
15%
*15
6%
14%
7%
—No par
112
24%
*15
common—3
500
6.000
55
108
*23%
'
300
88
39%
25
' *105
:_5
69
38%
55%
25
5c
80
500
105%
104%
71%
110
57%
104
*69
5,700
103
*102%
%
88%
—
(The)
108%
100
10%
105%
'
100
10%
BIRTHDAY
16
104%
100
$2.25 conv preferred.
112%
*15%
105%
*55
Automatic Canteen Co of Amer.
Avco
420
*112
16
104%
No par
_
2,700
104%
i$1.20j__—No par
prior pref
Autocar Co
50%
101%
*104%
No par
common..
900
49%
105%
5
25
108%
*103
57
76 %
101%
49%
102
112%
*15 Vf
15%
108%
75 %
104%
100
Jan
10%
15%.
76
15 %
16
10%
104
57
*112
WASHINGTON'S
22,100
105%
No par
convertible preferred
Atlas Tack Corp
112
15%
103%
19%
101 %
CLOSED
130
9 %
38%
__
common—
6% Jan
Jan
8
.Preferred $3.75 series B
Powder
112
*15%
11
*108%
57
49%
101%
10,600
9
9%
*104%
A—100
4%
15
preferred
Atlas Corp
42
99% Jan
108%
103%
EXCHANGE
49%
*75%
Shares
31%
95%
25
preferred—
Refining common—
conv
15%
STOCK
30%
*94
100
non-cum
Atlantic
16
8%
75%
101%
15%
*10%
*56%
———10
I SS Lines
11
*102
'
100
Atlantic Coast Line RR
Atl
50
15%
*108%
10
Topeka & Santa Fe coin—_100
non-cum
15%
15%
—100
Co„
49%
11
—100
preferred
Investment
20
,
*14%
49%
9%
75%
101%
2nd
Nov
76
49%
1%
105%
75%
*101%
Associates
105%
77 %
9
9%
No par
1st preferred—
Jun
9
'
_No par
convertible preferred—-No par
6%
7
9
*76
No par
Associated Dry Goods common—1
30
59 % Feb
preferred—No par
$3.75 preferred
Jun
Jun
95
Co
Sales tor
the Week
$ per share
30%
95
Armstrong Cork Co com
80
106
30 %
95
Jan
Jan
15
30%
95
113% Jan
101%
Dec
30%
95
11
17% Jan
$ per share
30%
17
110
$ per share
30%
Feb
3
$ per share
Friday
Feb. 24
Feb. 23
95
$6 conv prior
$4
Thursday
Feb. 22
95 %
Jan
6
$ per share
PRICES
Wednesday
30%
52
Jan
Feb. 21
30%
102
15 % Jan
$ per share
SALE
HIGH
Tuesday
Feb.20
95 %
9
19
AND
Monday
,
_lo
&
Corp common
27
31
97%
10%
RECORD
Saturday
Feb. 18
Monday, February 27, 1950
convertible preferred——100
4 % %
Jan
105
Sep
Armco Steel
77
Dec
15%
CHRONICLE
LOW
STOCK
Par
1
49%
YORK
$ per share
share
19%
13% Mar
STOCK
EXCHANGE
77
105 Va
YORK
FINANCIAL
STOCKS
Year 1949
Lowest
&
45
23%
*20
7
23%
7
7%
55
55%
850
*105
105%
*23%
23%
105%
200
23%' '23%
400
7%
3,400
'
7
*15
6%
15%
15
7%
7%
15
15'%
100
6%
*15%
1,800
'
6%
*6%
14
13%
7%
46
105%
23 %
7
15%
6%
14%
1G8
23%
55
6%
3 3%
13%
7%
7%
45%
43%
7%
45
44
'
6%
14
14
7%
44%
6%
6%
14
14
7%
7%
44
1,500
7'%
40,000
44 "4
44
2,500
B
Jun
15
Nov
14% Jan
5
8%
Jun
12%
Jan
10% Jan
7%
Jun
11%
Jan
9% Jan
14%
Jun
22%
Jan
18% Feb
14%
Jun
xl3
,
11%
Jan
16% Jan
Nov
5
4
Barber
Oil
8
Barker
Brothers
Convertible
5%
Corp
Jan
17% Jan
21% Jan 26
23% Jan
5
30
i
1,000
38
46 %
47%./%
14,700
19%
19%
19%
19%
19%
19%
20
19%
19%
2,900
*12%
12%
12%
12%
12%
12%
] 2
xl2%
123«
3,900
32 y4
32%
32
32%
32
32
32
32%
32%
32%
1,600
99
99
99%
99%
99 %
09 %
99
99.
2.50
19%
19%
*19%
19%
*19%
19%
19 %
19 %
preferred—No par
Beck Shoe (A S) 4%% pfd
100
Beech Aircraft Corp
1
1
227%
22%
*22%
23%
23 %
23%
23'%
23%
*82
CO
80
*32
3%%
19%
/..No par
12.50
preferred—_100
Beaunit Mills Inc
$1.25 div
conv
Beech-Nut Packing Co
Belding-Heminway
Jun
16
Feb
13% Jan
3
15% Jan
24
Feb
16%
Jun
12% Feb
1
14% Feb
9
11%
Jun
17
Feb
85
Oct
98
Mar
26
Jun
31%
Apr
11
Jan
27%
Nov
Jan
Jan
85
Dec
Feb
4
15
Feb
24
Feb
10
87
Jan
3
34% Jan
13
42% Feb
16
4
11% Feb
16
Bendix Home Appliances
6
26% Feb
17
Beneficial Indus Loan
90
23
4
2% Jan
11
Benguet Consol Mining Co__18
3
29% Jan
12
Best
Jun
Dec
Jan
30% Jan
13
Dec
139% Jan
21
141
Jun
33
11% Mar
Jan
36% Jan
3
26
&
5
Best
1
Bethlehem Steel
17
Jan
9
12% Feb
16
Foods
7%
Range Since Jan. 1
Highest
$ per share
NEW YORK
$ per share
Sper share
30%
Jan
26% Jan
4
29% Feb
3
Jun
15%
Nov
14% Jan
13
15% Jan
12
8%
Jun
14"%
Dec
12% Feb
17
14% Jan
5
15
Dec
13% Jan
4
14% Jan
12
3
22% Jan
23% Jan 25
27% Feb
9
Jan
5
Bohn
60
Jun
25% Mar
Aug
27
50
Aug
64
Jan
52% Feb
21
Jan
10
18
Aug
32%
Jan
18% Feb
18
x24% Jan
12
13%
Nov
19% July
14% Feb
16
16% Jan
9
38% Mar
51
Dec
48 % Jan
9
51% Feb
20
42%
Apr
59%
Dec
55
Feb
15
60% Jan
5
91% May
98%
Dec
97% Jan
3
2% Jan
1% Jan
30
Dec
x34 % Feb
24
Jan
7% Feb
8% Mar
100
Jan
9
2% Jan
38% Jan
11
9
14
9% Feb
18
25%
Jan
47 %
Jan
28
Jan
21
32% Jan
26
6%
Jun
9%
Apr
8
Jan
3
9% Jan
9
21%
Jun
Jan
28
Jan
13
30% Jan
11
20%
Jun
Nov
27% Feb
14
29% Jan
7
32
29%
33
13
39% Jan
30
13% Feb
9
Brown
Brown Shoe Co Inc
37% Feb
16
&
Jan
3
16
103% Jan
24
25% Feb
11
Brunswick-Balke-Collender
20 Ve Jan
27
Bucyrus Erie Co
Feb
2
7%
3
14% Jan
14
Budd
3
76% Jan
9
Dec
18% Jan
3
Sep
123% Jan
26
Dec
12% Jan
74% Jan
40
4
Oct
.
124
j.
(The)
24
13
20
Feb
10
Bullard Co
Jan
31% Feb
21
36% Jan
11
Bulova Watch
Dec
13
19%
Dec
20% Jan
10
May
95
Nov
94
Jan
4
99
Feb
21
Jun
91
Dec
87
Jan
24
89
Jan
9
Apr
84
Dec
82%
Jan
18
86
Jan
31
16%
Jun
18% Jan
13% Jan
Dec
6%
Jun
17
Jan
12
May
122
3
8% Feb
Jan
9
Jun
60
82
Jun
3
Feb
17
11%
Jun
120
Dec
9% Jan
Feb
Jari
71
3% Jan
4% Mar
24%
21
Jan
Jan
4
13
Jan
9 % Jan
9
5
13
4% Feb
24
24% Jan
Byers Co. ( A M)
105% Jan
5
24
Jan
14
Byron Jackson Co
Dec
102% Feb
10
26% Jan
22% Feb
3
30
Feb
36%
Dec
34% Feb
52
May
58
Apr
53
1
Jun
2
3%
Jun
5%
Jan
22%
Jan
12%
Feb
24
19%
14%
14%
51
51
51 Va
51%
*28
25%
*103
5 61/4
57
99%
9>/a
9%
29%
29%
8%
8%
9
30%
29%
28%
28Va
26
25%
103 %
*103
8%
*29
14%
14%
14%
14%
500
26%
27'A
26%
27%
8,500
23%
23%
24%
24%
1,500
52 %
53
52%
52%
WASHINGTON'S
18%
13%
19%
2,390
14%
14'%.
14%
3,800
51
"
■
■
•'.
/'
57
"1
*99%
1%
35%
8%
9%
29
30
511/4
5,600
57%
5,600
*9914
99%
30
*1%
;
9 %
2
300
X34%
1%
35%
2
36 %
51
57
51%
57'%
99%
36
oOO
8%
29
*29
9'/4
7,400
29'%
90
8%
28%
8%
9%
8%
8%
1,900
29%
30
8%
30 Via
29%
301/4
29%
30%
4,500
*28 V4
26
25%
103%
*103
28
28%
26%
25%
103%
102%
28%
28%
25%
103
25%
'*
28'%
800
25%
3,400
*1021%
103
so
37%
37%
37%
37%
37%
37%
37%
37%
38
2,700
13%
13%
13%
13%
13 Va
13%
13%
13%
13
13 Va
2,300
37%
37%
*37
38
101
101
*37
38
*36%
37%
*37
37%
100
'
101
101
*101
103
CO
25
25
24%
24%
241/4
24'A
24%
24%
25
25
1,500
19Vs
19%
19%
19%
19%
19%
19V4
19%
19'/4
19%
3,300
5
124
No par
13%
124
13%
*123%
13Vs
*100%
124
*123%
13%
No par
*75
76
*75
1
*39
39%
*39
39%
*19
19%
19
19
*33%
34%
33%
13
76
33%
5
common—No par
,
20
.*98
*85%
*85
14%
9
*121
10%
*75%
4Va
23
preferred.—100
*103%
No par
22%
.
€80
13%
14 %
BIRTHDAY
37%
Lis
4 %% preferred
,"100
Butte Copper & Zinc—5
participating
300
>
STOCK
99%
9%
27%
No par
Bush Term Bldg; 7%
preferred—100
Butler Bros common—
_L_15
1%
30%
56%
99%
27%
CLOSED
51%
56'/a
*99V4
30%
Shares
share
EXCHANGE
14%
*75
39
*19
31%
101
102
124
*123%
13%
13
101
124
13%
*75
76
75
*123%
13%
124
10
13%
*75
31,000
76
39'/4
39
39
*39%
19%
18%
19
*18%
33V4
32%
32%
39%
32%
300
19'/4
33
500
4,000
V
20%
19%
20%
19%
20
99*
98%
98%
98%
99
98%
190
88
85%
88
*85%
68
*85%
87%
,88
88
300
90
*85
90
*85
90
*87
90
90
14%
*85
14%
14%
14%
19%
14%
19%
99
99
14%
*
25
Jun
53%
18%
14%
1
2
Jun
52%
19
14%
8%
Sales for
the Week
t per
share
No par
Terminal
Feb
20%
55%
18%
preferred
—100
Burroughs Adding Machine—No par
23
3
53%
14%
3%%
11% Jan
77
55%
18%
14%
9%
Friday
Feb. 24
Thursday
$ per
2,300
18%
*29
2,900
2,600
55%
*1%
1,200
12%
14%
27
36
27
12%
Feb. 23
$ per share
24 '/a
1%
27
12%
13
14i%
35%
400
27
14%
23%
1%
20,300
12%
26%
*35
33%
142%
34%
13 '/a
14%
2
2,200
33 Va
142%
14%
24 V,
35%
34%
33%
341%
12%
27 Va
51 Va
1,100
4%
26%
57
27%
13%
24%
99%
27%
27 %
15
27%
56%
24,900
28
24%
*99
400
1%
20
24%
:5
200
1%
1%
PRICES
Wednesday
28
27
Burlington Mills Corp common..
1
4% preferred
—100
3%% conv 2nd preferred
_100
Bush
*14
SALE
Feb. 22
5
:
27
13
122
14V4
112
142%
12
HIGH
13
90
112
142 Va
*26%
$ per share
*27%
27%
34%
Feb. 21
$ per share
263a
*36
323.,
*
.
Tuesday
14%
Co Inc.—
Jan
98%
105
15
,
.
33%
AND
26 %,v
90
114
11,800
"
141%
12%
Buffalo Forge Co
Dec
34% Jan
17% Jan
39% Jan
18%
Jun
33%
141%
No par
______•
1%
34%
33%
33%
142%
13%
100
Co common
36
7
33%
*110
28
27%
13Va
preferred .2
35%
13%
33%
32%
*141
28
1
common
$5 preferred
26% Jun
12% Feb
x97%
1%
14 "a
common
$3.60 preferred
29%
Apr
1%
15
l
13
19%
Jun
1%
28
33%
88%
112%
1%
1%
26%
'
88
112%
27%
Bigelow
Feb
100
26%
26%
*86%
112%
27%
(assented)
22% Jan
Dec
Dec
76
1,900
26 V* r
88%,
112%
15
2
13
24
13%
26%
*87
34
*35
Jan
36
Dec
Jun
8,100
28
100
11% Jan
Dec
12%
61% July
10% •11%
14%
Bearing Co
5
Eraniff Airways Inc
2.50
Brewing Corp. of America.
L.15
Bridgeport Brass Co
No par
Briggs Manufacturing Corp__No par
Briggs & Stratton
No par
Bristol-Myers Co common
2.50
3%% preferred
!
—100
Brooklyn Union Gas—;
—No par
6
39
125
40%
10%
*27%
Roller
18
Jan
Jun
40%.
10%
Feb. 20
Boston & Maine RR
29% Jan
Dec
40%
11
26%
89
$ per share
15
„
40%
Monday
100
42
3,600
10%
Saturday
_
800
.
15
87
40%
12%
Borg-Warner Corp common
3%% preferred
14%
14%
*84%
11 Va
26%
—1
105% Jan
Jan
40
26%
115
143
14%
14 Va
14%
41%
12
2.50
14
83
400
11
26%
Ami Co class A___
—No par
Class B_____——__——No par
17
14%
*85
1,500
■
40%
12%
Brass
(The)
*13%
'".v.
88
27
Bon
23
9
13 %
14%
12%
Bond Stores Inc
Bower
13%
13%
5
&
25% Feb
18%
102%
Aluminum
40
14%
26%
—
4,900
32
14%
12%
Bliss & Laughlin Inc
Borden Co
32
14%
No par
(E W) Co
210
8%
32%
32%
No par
102% Feb
Jan
Jun
Bliss
80
8%
*32 %
32
"85
LOW
Mfg Co
Jan
Oct
98
29% Mar
Black & Decker
Dec
25%
105%
14
13%
88
Feb. 18
Blaw-Knox Co
80
*
240
1,400
1,000
14%
26%
Far
*23
19%
23%
19%
32
12%
■
£9%
15
26%
STOCK
*99
10
14 %
No par
Boeing Airplane Co
27
17%
21
Jun
42 V8
39
32
*
No par
v.,/--
Jun
38
34
143
EXCHANGE
10%
Jun
13%
28 Va
33%
100
22%
1% Mar
*28
—1
Lowest
Highest
Jun
14
*85
STOCKS
Year 1949
$ per share
*
1%
(Del) corn—No par
Bigelow-Sanford Carpet
Birmingham Electric Co
14
,11%
pesos
preferred
Range for Previous
Lowest
88
__l
Feb
28
13%
*85
Co
34% Feb
143
13
9% Jan
31% Mar
Oct
Jan
13
36
33%
May
13%
*13%
26%
1% Jan
Oct
14%
*86
19%
:
8%
32 %
*112%
.
*38
32%
31%
10
26% Jan
2% July
27%
C %
32 Va
10
common
12
Feb
8%
32 %
14%
Curtf pfd $3.25 ser of 1946.No par
Cuih pfd $4 div ser of
1948_Nopar
12
112% Feb' 20
8%
*32%
32
41%
..
80
8%
15 ,;":-
33 %c
.
12%
32%
*14%
___5
%
19 Va
32%
*31 %
100
Jan
86
*79%
19%
8%
—_i
—
——
106% Jan
Dec
Dec
82
19%
32%
1
Bendix Aviation
"9% Jan
25% Jan
preferred
79%
19%
8%
10
_
Bell Aircraft Corp.—
:
Bell & Howell Co common
4%%
83
8%
—50
12% Jan
x85
Dec
109%
Jun
•
50
common.
convertible
:*
*37 V*
1
Inc__
Beatrice Foods Co
5
10%
600
400
48%
34% Jan
11%
13,700
38
16
2
21%
19 "2
47%
31% Feb
7
85% Feb
Jan
21
19
49%
Bayuk Cigars
Jan
19 V4
38
9
100
21
19 >%
48%
20
20%
Feb
19
44%
20%
1
21%
13,400
19,600
"37%
32% Feb
Feb
1,200
12%
11%
50
13% Jan
12% Jan
98
14%
12%
10%
.
.
19%
29% Jan
Dec
14%
13 Va
11%
38
Corp
101
15
15
1.2%
10%
49%
Mar
73
19%
15
13%
11%
*37%
Jun
70%
*■
Bath Iron Works
30%
13%
44
10
Beech Creek RR:
77
*43%
9
9
7%
45%
Jan
6
Feb
*44
20
3
9% Jan
13%
44
44
14% Jan
32% Feb
120
44
15
*19 Va
12
Jan
44
15
50
7% Feb
15%
44
10
Oct
74
95
69
:
38
29% Jan
6'/a
*67
14%
19%
Feb
26
69
—_5
Jan
9%
*68
i_50
Nov
9
69
c
10 %
22 %
19%
*68
common
32 %
25
*19%
69
^
preferred
86%
23%
21 %
20%
*68
CO
4%%
Jun
129%
21%
*19%
69
Barnsdall Oil
Jun
1%
20%
19%
*68
3
Dec
23%
21%
19%
_100
26
21%
93
21
Jan
Oct
73%
11%
57% Feb
39
20 % Jan
21%
13
11%
46% Feb 24
6%
6%
13%
11 Va
'
preferred;.
(Delaware)
27%
69
13
11%
preferred———100
Bangor & Aroostook -common—__50
Jan
20% Feb
13%
11%
non-cum
48% Jan
16
15
13%
1
Dec
Mar
16%
72
3
36% Jan
'22% Jan 23
4%
15
13
100
17% Jan
33% Dec
Jun
12%
24
(B T)
15%
Nov
Feb
21% Feb
Mar
41
Feb
26%
14
Babbitt
56%
39% Mar
87%
Baltimore & Ohio common.-.!
15
43
97/b
11'
Feb
66
Dec
21%
16
11% Jan
3
July
53
Jun
13% Feb
3
4
72
Jun
Sep
3
Inc
Baldwin Locomotive Works,
Feb
Jan
Jun
38
36
25
17% Feb
25
60 %
15
15% Jan
9,
123
10,%
75%
4%
23%
104
22%
9
9
*121
123
10%
75%
4
22%
104
9
*121%
9
123
10%
10%
10%
75%
75
75%
4
22%
104
*22%
23%
35%
35%
*4
22%
*103%
*22%
4%
22%
104
-
'■
■
■
■'
•/
..
.
9
*121%
14%
19%
98%
14%
19%
S,700
14%
9
9
*122
6,500
9
123
123
1.700
"
10%
75
4
22%
*103%
10%
75
10%
75
10%
75
5,600
430
4Vt
4%
4%
12,600
22%
22%
22%
2,100
103%
103%
40
23%
600
104
22%
22%
35%
*35%
36
53%
*53
533/4
22%
*23
C
16%
Jun
9%
Jan
98
Sep
35 Va
Jun
41
Jan
21
Jun
15%
For
footnotes
see
5
Jan
26
8
1% Jan
10
3
4% Jan
7
19% Jan
4
22% Feb
6
3
12 Va Feb
24
104% Feb
23
101/4 Jan
Jan
40
4
California Packing common—No par
5%
preferred
5
Feb
18
Canada
16
20 % Feb
15
Canadian
14% Jan
13
15% Feb
18
Canadian Pacific Ry
20.
i
1
Calumet & Hecla Cons Copper
5
Campbell W & C Foundry
No par
Canada Dry Ginger Ale eom__1.66%
$4.25 conv preferred
—No par
Jan
42
50
Callahan Zinc-Lead
19% Jan
Dec
page
55
Jan
101
Oct
10%
11
4 % Jan
May
16 'A
36% Jan
1% Feb
Oct *
109 'A Mar
5
Southern Ry Co
Breweries
Ltd
35%
*53
1%
35%
53%
1%
*53
1%
53%
1%
1%
4 V,
1%
1%
36
*53
1%
36
53 3
1,600
4
1%
5,300
4Vt
4V4
4%
4Vt
4%
4'A
414
4%
21%
21%
22
22
22V4
*21%
223/a
X21%
21%
900
11%
11%
11%
11%
11%
11%
11%
113/4
11%
12Vs
23,500
105%
*103%
104%
104V4
*104 V4
106 V,
42
104
104
42
*41%
43
No par
*19%
20%
*19%
20 V*
*19%
^201/4
—25
15%
15%
15%
15%
14%
15 Ve
100
1%
21%
*104
4%
35%
*53
*41%
104
*41
43
*41
43
*19%
201/4
*19%
3,500
160
20
14%
15
14%
15 Va
100
23,600
Volume
171
Number 4885
THE
COMMERCIAL
Range for Previous
40%
Range
Highest
$ per share
Jan
51
Since Jan. 1
Lowest
$ per share
$ per share
Dec
48
NEW
Highest
$ per
YORK
501/z Feb
1
Cannon
163/4
Dec
153A Jan
19
17'A Jan
9
Capital Admin
Nov
55
23
56 Vz Jan
9
Feb
100
9%
Jun
Get
108
Feb
Feb
3
878 Jan
13
Jan
11
102
2674
Jan
33
Dec
31'A Jan
13
2.5%
12%
Jun,
35%
Jan
30 7, Jan
3
Jun.
18 7a
Dec
177a Jan
6
30% Mar.
37-%
Sep
36
Jan
6
8%
Nov
8
Jan
12
Feb
Jun
131
45
Jan;
7a
Nov
146
Nov
38 Va Jan
140
13
Jan
3
Mills
18
Capital
26
Carolina
Airlines
1
Carpenter
191/2 .Jan
16
Jan
14
8% Feb
2
48 74 Jan
xl50
24
Feb
Carolina
Conv
Power
&
(J
1%
21
Jun
37 7a
Dec
32'/a Jan
27
35% Jan
10
1047a
Dec
xl04 7a Jan
18
105% Jan
12
Apr
34%
Dec
13
34% Feb
10
97
Apr
105 7a
Dec
104'/a Jan
3
107% Jan
25
$4.75
Jun.
132 %
Dec
1307a Jan
13
137% Feb
17
77c
15%
263/4
18 ;,A
Jun.
14 3A
Jun
Jan
Jan
17
Jan
18 :)A Jan
xl7
Jan
3
15
Jan
10
4
Jan
21
17% Jan
Co
30
3
16% Jan
9
Central
3
11% Feb
10
Central
Foundry
3
4% Jan
27
Central
of
24%
Jan
.15
Jan
3
17% Jan
11
5%
93A
Dec
,•91/2 Jan
12
10 % Feb
9
367a
Dec
.351/4 Jan
10
38% Feb
2
1127a
Dec
HOT, Feb
9
112% Jan
16
4'/2 7c
Oct
11%
Oct
9% Jan
25
11% Jan
9
Central
HVA
Oct
12'A Jan
26
14% Jan
30
Class
Jun
6:!A Mar
337a
Nov.
104 7a
Jan
8
12
10
7a
Jun;
14%
Dec
147a Jan
9
7a
Feb
137a
Oct
.12% Jan
3
8%
Dec
73/4 Jan
24
6
7a July
143/4 July.
9 7a
13
15% Feb
15
Jan
13
18% Feb
3
31%
Nov
.29'A Feb
7
31
11
Jan
57a
317a
Dec
Junt
933/8
Dec
Aug.
91
79%
Dec
,283/4
Jan
24
Jan
4
Feb
10
34%
Jan
28
Feb
15
30% Jan
12
80
84'A Jan
177a July
27.
Nov
77
Nov
85
3%
Jun
8
Jun,
9
Feb
14
3
.
53/a
Jan
5
5% Feb
77a Jan
13
8% Feb
3
x30% Feb
24
35% Feb
1
15
24
Dec
21%
Jun'
Jan
11
Jan
3
15% Feb
20
Jan
273/8 Jan
3
32
Feb
29% Mar
25% Jan
25
28% Jan
31
4 9'A
Jun
553/2
E)ec
531/2 Jan
17
55% Feb
Jun
41%
Dec
393/4 Jan
13
46% Feb
3
56%
Jun
82
Dec
79
Jan
14
88
Feb
13%
Nov
12
Jan
30
13'A Jan
13
May
xl3
$ per share
6,400
10574
300
33 72
6,100
*1057a
106
138'%
*137%
1387a
19%
20'A
20%
20'A
20
20
20'/a
1974
20
17Va
177a
*1774
17%
17'A
17 '/a
17 '/a
17%
17%
Co
32 7
8
20 'A
16 7a
16'A
1674
16
16
2,000
1074
1074
10
74
10%
10%
4,300
4 72
*474
4%
100
474
4%
16%
1672
16 '/a
16%
1674
16 '/4
16
Central Hudson G & E Corp__No
par
Central Illinois Light common
*
16
*1574
16%
97a
9%
9%
10
10
10
10
10
36%
36%
36%
3,800
37%
36%
37 74
37%
37 74
2,500
111 1/2
111%
112%
vtc
preferred series B vtc
preferred
RR
Co
100
of N J
B
class A
&
South
de
Pasco
West
Certain-teed
$4.50
10'A
10
13V4
13'A
15%
15%
26,500
151/4
15 7a
15'A
15'A
874
8'A
8 »/4
200
1974
177a
2074
8,700
1774
6,600
15'A
15%
8%
8%
19%
19%
19 7a
197a
20
1772
1774
18%
5
1
17%
*29
Co
187a
1772
29%
32%
par
No par
preferred
*100
3274
101
81/2
*2572
29%
874
26
*8
18%
17%
*29
..
33
17%
177a
29'A
29 74
3374
100%
874
8'A
8'/a
8'/4
81/4
2574
257a
251%
*25'/a
25 Va
28%
29 7a
2874
2374
297a
297 8
*81
8274
*81
82%
474
474
4%
1074
10V2
10 74
10%
ll'A
14'A
13%
1474
1374
14 '/a
117a
1
1774
1774
1874
1774
27 74
9%
2872
107a
26%
10
2874
10
9%
974
57a
5
5
8%
87a
8%
8'A
34%
35
347a
974
10
5
5'/a
474
5
8
87a
8%
34%
33 %
.
35
3474
15
1572
23,600
*2772
31%
277a
27 %
2774
31%
*27%
2774
$3
3,100
27%
2774
27 Va
28
Chic Rock
Conv
Is
&
preferred
Chicago
Yellow
56
*5474
5574
55
55
*541/2
44%
45
55%
44'A
45
4474
45 Va
4474
A
series
*5472
Co__No par
RR
Pac
86
451/B
86
86'/a
87V4
87
88
87 7a
*12 72
100
Cab
No par
*1274
13 Va
*12%
YORK
13'A
Cotton
12%
LOW
STOCK
Saturday
.
Oil
Monday
Feb. 18
,
Par
Co
*
$ per share
AND
HIGH
SALE
Tuesday
Feb. SO
.
$ per share
v
->15%
16%
3%
3%
,1
16
16
■
16 74
3%
3%
3%:
13
68% Jan
5
Sep
30
4
34% Feb
24
Cincinnati
8.50
33%
33%
33%
106% Feb
33%
21
4% preferred
s
—100
Cincinnati Milling Machine Co
10
C I T Financial Corp
No par
105% .105%
105%
10572
105%
27%
*27%
62 74
62%
7%
7%
Chrysler
—100
>-*3174
'—25
64'%
—
Gas
Elec
&
6%
Feb
79'%
Jun
86
Sep
82
Jan
3
25
Jan
34%
Dec
31'% Jan
13
33% Feb
3
16
Jun
19%
Oct
16'% Feb
16
18% Jan
18
203/4
30%
Jan
25
Jan
10
Claik
67
Nov
com
preferred
:
City Products Corp..,
City Stores Co
»
Jun
71% Feb
'• Feb
7
874 Jan
14
Feb
3
87
7
28
3
46% Feb
City Investing Co
5-%7*
C
Dec
36'%
—
109 7a Jan
28'%
Jan
61'%
.
43'/a Jan
112'/% Jun
Jun
20%
—.
Dec
43i%
Oct
108
105
Mar
85
36% Mar
;
Dec
17
111
Feb
24
4
42
Feb
21
Cleve &
RR
Pitts
43
Jan
Aug
15'A
Jan
12 3% Jan
3
14% Feb
10
Climax
Jun
35 7a
Dec
323% Jan
13
36% Feb
24
Clinton Foods
101%
Dec
105'A
DGc
13
109i% Feb
24
474%
3% July
5%
Jan
Jun
30%
Feb
July
141'%
Sep
70% Nov
4% Jan
25
25
51% Jan
5
Feb
18
27
Jan
11
138'% Jan
4
143
Feb
18
Jan
7772 Jan
5
81
Feb
1
Xl24'%
Jun
172
Sep
158'% Feb
24
165
54
Nov
64
July
533/a Jan
21
1075
82%
Jan
29%
Jan
1075
Feb
89
Jan
43%
.
__
421/4 Jan
98
Feb
Special
gtd
Cd
4%
cum
stock
3
Coca-Cola
4
Class
45% Feb
16
8
100
Jan
9
xl3%
Feb
17%
Jan
163A Jan
13
19% Jan 20
12'%
Jun
19
Jan
15
Feb
16
17% Jan
15
Co
Jun
11
22
Feb
17
24'% Feb
23
4%
non-cum
1st
7%
Jun
16%
Dec
1572 Jan
13
21% Feb
17
47c
non-cum
2nd
Jun
17
28'%
Dec
2874 Jan
13
31% Jan
17
13
Dec
11% Feb
14
12% Jan
5
14% Feb
20
Columbia
Class
Columbia
Oct
12'A Jan
Sep
63
Jan
10
66
Feb
14
32 %
Oct
307a Feb
15
33% Jan
10
Columbian
18%
Jun
22'%
Sep
20 Va Jan
4
22'% Jan
30
Columbus
21%
Feb
27%
Dec
24% Feb
17
27% Jan
10
5772 Jan
16
$4.25
46 %
Feb
60%
Dec
64% Feb
6
95
Jan
107'%
Dec
1127a Feb
6
13%
Jun
20%
Dec
163/b Feb
10
21'% Jan
3
257a
Jan
30%
Dec
29% Jan
13'
31% Feb
21
7%
Jun
1072
Aug
10 74 Feb
20
ll'A Feb
3
19'
Ry
170
*120
75
*67
75
111
28%
107
110%
4574
44%
111
111
28 74
28%
107 7 107
*70%
*28%
*106 %
717a
42 'A
36 74
36 3%
10974
5
25%
*140
100
*8074
81%
*80%
*160%:
161%
160%
54 74
—
4434
9972
54 Va
5
26
142
81%
161
45%
*1250
44%
*99
5
25%
*140
80 3A
16074
53 %
99%
44%
*99
*16%
16%
31V4
&
So
Ohio
*98'%
99 7a
200
1874
1874
1,300
157a
16%
Credit
24
24
7a
23%
72
21%
21%
*21%
31%
30%
31
307a
31
317a
30%
30%
307a
317a
14
1274
12 7a
7a
Commonwealth
68
Edison
Co
3172
31%
31%
31%
313/4
317a
31
22%
227a
22%.
22
22 74
217a
221/4
25
25
257a
25%
2574
25 74
243A
62%
63 7a
627a
637a
62%
63
62%
10972
11074
10974
1107a
109%
110
109%
16%
17%
1634
17
16%
Conde Nast Publishing
Co
17
1,25
3174
31%
31%
31%
31%
1072
TO'%
10 %
10%
10%
22
290
30%
3,900
30%
700
12%
45.000
14%
3,200
1274
1474
Va
251/4
63 7a
110
68
3174
31%
1,600
22
22%
2,600
2574
2,300
25
62%
63
9,000
1107a
5,140
167a
16%
167a
10,000
31%
3174,
10%'
31%
14,800
10%
10 7a
10974
317a
31%
No par
540
1,480
*30 7a
*64%
22 7a
10
i
143/a
*31 74
ilOO
1.000
-
307a
12%
*14'/4
*643/4
No. par
8,400
247a
74
21
68
157a
167a
22
24
14 74
17
15%
16%
22
217a
*64%
common
7a
23%
677a
Solvents;
15
16%
24%
14%
preferred
Commercial
>1250
22%
*22
Engineering
Commercial
53%
18%
14%
No par
700
187a
*64%
Inc
100
1587a
630
14 y4
5
10
81%
1587a
21%
11%
142
*80 7a
1,700
14%
Co__
54
PA
99 72
12
Elec
2,200
99%
11%
68
1,300
25%
997a
*30%
*65
830
47a
2574
*140
160
53%
109 7a
4%
142
8
109
54 74
11%
No par
5
257a
44%
3174
w—No par
4,700
4474
H3/4
w
36%
44%
*30%
Co
3674
4474
Inc.—No par
common,,No par
Carbon
3674
109 74
*1250
163A
31
30
4,600
*80%
22
31
2.50
20
14%
159 74
543%
16%
21 %
71%
44%
21%
21%
71%
*41
427a
*140
80 3/4
16074
16%
217o
preferred—100
40
14%
4'%
22
*24
50
600
1067a
143/4
*25
16%
22
24
2,400
287a
108%
5
26
142
21%
22
com
45
112
287a
36 7a
*1250
44%
600
1067a
107
*70%
108%
44%
*111 %
28%
*41
36%
5
451/4
111
717a
109%
25%
900
170
*67
45
36%
24
System
Superheater
3.607c
*120
75
80
1,100
I
25
170
*67
10874
100
preferred
cum
Combustion
25
*120
108'A
143»
25%
87%
75
45%
107%
preferred——100
Pictures
1372
68'%
*24%
*86%'
170
,2.50
Gas
Feb
Jan
*67
14%
B__
Jun
105
*120
75
143/4
Sys Inc cl A
Columbia
48'A Mar
4
Southern
Broad
26%
73A
170
183/4
15
800
18 74
42
*99
250
33
1874
153/4
13
Jun
32-74
177a
25%
187a
13
9%
33
*25 7a
15%
Jan
16%
86%
17%
257a
18%
16 7a Feb
31% Jan
500
257a
15%
16
3
77a
25%
18%
16'A Jan
28'A Jan
*7%
86 74
1572
Jan
Dec
7%
32%
15%
Dec
297a
8 100
18%
19
Dec
Jun
64%
877a
15%
17%
177a
6474
32 7a
18%
17%
&
647a
1067a
17%
No par
19%
conv
64
7%
Corp com,,No par
preferred
20
Jun
57c
28
14%
No par
9,000
28
7%
BIRTHDAY
106
28 74
42
44%
347a
105%
14%
*54
18,900
32 7a
71 Va
*1250
347a
20
64%
28 %
417a
'
34 74
647a
105%
WASHINGTON'S
14%
Iron
Jun
Colorado
34
641%
17%
No par
com
—
7%
12
63%
32%
*70%
4%
800
177a
70%
25
3,700
3%
32
41%
preferred
Aikman Corp
&
CLOSED
Shares
18%
32%
*106%
143
18
*3174
14%
1
17%
Sales for
the Week
32
*3174
36 %
,100
(The)
$3.50 preferred
&
STOCK
EXCHANGE
42
No par
Colo Fuel
*86
Friday
Feb. 24
47
14%
Internatl Corp,
No par
Colgate-Palmolive-Peet com—No par
Collins
87%
100
$ per share
3'A
100
A
81/4
18'A Jan
*86
13 74
17 %
107 74
*41
& Co com—No par
2nd
cum
Jan
*12%
*45%
35%
:.
13'A
32%
70%
50
i
2,600
453A
1
preferred
88
3%
No par
Coca-Cola
3
7%
*106%
50
pfd
conv
Cluett Peabody
47c
gtd
Inc
Clopay Corp
77c
7%
Molybdenum,
54% Jan
'____
Dec
Dec
100
7%
28%
10'%
21'%
*77"
*110%
71'% Feb
8774
45%
32
64
28 %
3
8774
3%
3/4
64 72
637a
110%
_100
63%
63%
28%
preferred
*31%
62 7b
*110%
5%
241%
133
*67
32
64%
46
28
$4.50
^
par
Cleve Graph Bronze Co common.—1
9
18
Jan
*120
100
*4534
28
3
29'% Jan
107'A Jan
101
100
preferred
Illuminating com—No
preferred
.No
47
28
457a
13
Jan
25%
87%
64
45%
24
37
20
Co com
32%
*17
33%
*31%
45%
27'% Jan
62 3/4 Jan
Co
St Louis Ry
non-cum
*86
•
5
64%
par
106'% Feb
Feb
&
100
—No par
32
*45%
Cleve Elec
Dec
73
C
•
47
3
Aug
108
C
5%
..
5
common,
Equipment
*46
——25
Corp'
4,400
Feb. 23
17
1061/2
27%
preferred
100
4474
$ per share
I
34 74
4
574%
Chile Copper Co—*
700
44
Thursday
Feb. 22
$ per share,
;i&% v
3%
*5472
PRICES
Wednesday
Feb. 21
$ per share
.
55 34
'
10
«
common
12%
62% Jan
Dec
X CO 0
Pneumat Tool com__No par
convertible preference—No par
Chicago
Dec
8%
3074
3,500
13,300
1574
68'A
6
2,800
874
3174
Jun
24
3,900
5%
15 7a
5
64% Feb
10
874
31 Va
72
3
Feb
974
5
874
341%
15
303/4 Jan
29
100
18'A
27%
453A Jan
13
12,300
11,200
17,400
1674
26'A
Jan
24
1474
1374
16%
26'A
Jan
Jan
14
16'A
36
Jan
23,100
25 'A
60
58
1274
32
Childs
26
14,700
11%
12 'A
15'A
Chickasha
103'% Jan
67a
317a
10
Sep
23,600
8274
574
15%
24
Dec
2874
82%
3174
4% Jan
Dec
2874
«
6
15 Va
18% Feb
59%
600
31'A
4
29%
1,600
15%
14
105'%
874
251/2
31%
3'A Feb
Feb
160
8%
*25
15
133A Jan
Jan
1,100
30%
Jan
Jan
14
600
34.
267a
Dec
42'%
8274
51/4
29%
1011/2
161/2
5
preferred
Jan
97 72
'
*81
574
5
Jun
x20
34.
*101
1,600
100
5 c/o
57a
Jan
29%
3374
1011%
15%
Series A preferred vtc
z_100
Chicago & North West com—No par
11
297a
3374
101 Va
447a
*
*29
33%
101
*8%
29
No par
vtc
P
101
V4
*25%
No par
&
33 72
•
101
-
25%
Co cl A—25
Class B
*8
1774
29%.'
8274
*80
—50
Louisv Ry
Paul
15%
15%
14 7a
St
200
*1574
10 »/2
Milw
1,400
872
——40
Chic
974
1374
1572
:
&
974
*1274
15%
Chicago Corp (The)
1
Chicago Great West Ry Co com—50
Ind
974
131/4
1574
14'7 a
*4%
5%
60
73
15 Va
com—No par
Chic
112%
9
*1274
15%
8%
600
13%
15
*8
1,000
10 Va
15%
No par
RR
112
10
*1274
14%
9.50
No par
•
A
111 %
10
12%
Products
East 111
112
10'A
12%
Cab
&
*
Corp com—5
preferred
Class
*1117a
974
37
Co
Champion Paper & Fib com,,No
Checker
112
50
Copper Corp
Chain Belt Co
*111%
10
37V4
50
•
-16'%
32%
50
700
1574
Jun
Apr
100
4,600
1074
Co
EXCHANGE
26%
33 %
*474
NEW
Jan 16
33%
472
Co
30 Va
*
•
171/4
35
34
70
3572
10574
106
$ per share
50% Jan
150
34 Va
105V4
10%
Jun
2 78
150
3574
105 74
16
Highest
$ per share
151
351/4
105'A
10%
Range Since Jan. 1
Lowest
Highest
share
*150
35 7a
104 7a
32%
STOCKS
Year 1949
Lowest
150
3574
*
16
Range for Previous
$ per
Xl50
357a
105'A
*4'A
21
10
14972
35%
*104%
2.400
47i
10
25 %
149
35%
200
800
45
16
21
.3674
4
*4474
10%
18
Jan
Dec
8
Jun
9%
Jan
%
34%
44%
4%
23
Jun
Jun
44%
*137Va
10
18
4574
*105 72
14% Feb
23
44%
18
33%
13
18% Feb
45Va
8
106 '/a
12 74 Jan
10 % Feb
874
44V4
18
138'%
Chic
28% Feb
3774
8%
1174
BIRTHDAY
*105»/2
24
3
*37'A
'/a
WASHINGTON'S
*13772
30
3
*3774
8V4
377a
87a
3374
24
13
18%
3774
8 7a
13774
6% Feb
73A Jan
3,800
18%
*36 'A
8%
106'A
12% Feb
19'A Jan
18 'A
18%
3778
32%
-3
11% Jan
1,100
106%
15
Dec
2,900
3174
137%
15
Jan
3374
31 'A
106%
Feb
Nov
3374
137%
93/4 Jan
.
3374
3174
137'A
Mfg
:
1.25
Chesapeake Corp of Virginia
5
Chesapeake & Ohio Ry common—25
3%%, convertible preferred
100
26
10
Jun\
4%
10
60
33 7a
311/4
3272
10%
23
9% Jan
35
1374
Jun
17
101% Feb
3
207a
Jun
5.7a
Dec
6
5
13
100
104
8 Via
*
105'A
32%
104
*106'A
41/4 Feb
Feb
May
Feb
Jan
81/4 Jan
98
Jan
5%
.12
Feb
7%
127a
3072 Jan
;•<
Sugar
Ry
Cerro
Dec
32%
CLOSED
105
'
16
Central
7
149
24,000
11%
20
Violeta Sugar
Century Ribbon Mills
21% Jan
*148
1174
*104
EXCHANGE
3374
20
1174
No par
Central
15
45 %
300
17
56 %
1
Ga
3
18% Feb
451/2
33
507a
*1674
*55
11%
STOCK
104
*3174
50%
17
55
5
24
Jan
18%
36%
8%
1174
104
5074
for
Shares
55
100
8% Jan
167a
227a July,
18% Jun
Aguirre
11%
Sales
the Week
S per share
No par
16% Jan 24
21%
Jun
common
Corp common
preferred
Dec
123/4
18%
37»/2
8%
25
preferred
Jan
6
18'A
*37%
1
34^4
Jan
113/4 Mar
10
*104 72
4
Jun
11%
105
50
10
91/4 Jan
74 May
*16%
32 %
,100
Jan
7
3
*50
17
56'/a
33'A
1st
57c
*104
50%
33
4.207c
S.pershare
*16%
32
,100
2nd
11%
Friday
Feb 1. 24
Feb. 23
$ per share
*55
33%
series
Thursday
Feb. 22
$ per share
*50
PRICES
Wednesday
16%
32'A
Corp
SALE
56
33'/a
Corp of Amer com__No par
preferred
No par
Celanese
Celotex
105
HIGH
Feb. 21
50'A
16%
*55
*32 7a
common
Caterpillar Tractor
Preferred
12
50
(855)
Tuesday
share
5
General
I)
*104
$ per
No par
preferred
Aug
31
Light
Co
preferred 4%
Carriers
Case
&
Steel
17
56'A
11%
100
Carrier Corp common
38
Ry
5074
*16%
*55
1
Ohio
&
31
267a
Jun
Inc
Clinch
*49 74
common,—1
AND
Feb1. 20
$ per share
10
Feb
23%
13 3A
A
A
331/2 Jan
100%
xll4
Par
No par
class
preferred
Feb
4
6
30
$3
105'A Jan
34
Monday
Feb. 18
share
567a
Jan
Saturday
;
12 74 Mar
.5%
CHRONICLE
LOW
STOCK
EXCHANGE
50
Mar
FINANCIAL
STOCKS
Year 194!)
Lowest
&
10%
2,500
Jun
3D'%
Nov
27
Jan
3
30'A Feb
6
Congoleum-Nairn
29
28%
Feb
28%
25 7a
34%
Dec
16
41
Feb
6
28%
32 3/4 Jan
Consolidated
283A
No par
*39 7a
287a
39 74
10i%
28%
28%
29
39%
39%
39
2'%
39
Jun
4%
Jan
3% Feb
15
4
Jan
6
39 7a
3 %
3%
39%
3%
39%
40
3%
21'%
Feb
29%
Dec
27'% Jan
3
301/4 Feb
24
3%
3'%
3%
3%
Oct
8
108% Jan
11
29%
107'A Feb
Consolidated Coppermines Corp,
5
Consol Edison of N Y com
No par
$5 preferred
—No par
297a
*107%
Consolidated Grocers Corp,,1,,1.3373
Consolidated Laundries Corp,
5
13 V4
1077a
13%
1077a
13%
1374
1073A
*13 7a
1374
*13 74
*12V4
13i%
12%
*1274
12%
1374
13%
12 74
123%
Consolidated Natural Gas———15
*1274
1238
45
4534
12%
12%
45
500
45%
45
45 %
45
18 Va
18%
45 %
1872
18%
3,000
1874
18%
1874
187a
1,700
243i
X106
Apr
11
Jun
8
109
141/4
Jan
Feb
10
14% Jan
10
Feb
11%
Sep
11 '/a Jan
5
12% Jan
28
Jun
4 6'A Mar
42% Jan
3
47% Feb
6
1174
Feb
21'%
16% Jan
13
19% Jan
30
10
Jun
12'% Mar
11
Jan
3
12'A Jan
9
10%
Dec
10
Jan
3
12
Feb
6
121/4
Apr
10'A Jan
25
14
Feb
24
33
13
35% Feb
24
Consumers
7 7a
Jun
8
Jun
.
29% July
36
Jan
May
Jan
1/64 Feb
103'%
Apr
Apr
105'%
113'A
110%
27%
Jun
93
Jun
Jan
13 7a
Dec'
Dec
2
110'% Jan
9
109
Feb
20
2
28
iV
111
Jan
4
17%
x98
Dec
38% Jan
3
43
Feb
1
101% Jan
11
105
Feb
21
Jan
3
Dec
17
85
Jan
Dec
95'% Jan
9
30'%
Jun
37%
Dec
357a Jan
13
Jun
102%
Dec
1021/4 Feb
95
Feb
112% Jan
Nov
41%
103
3
19% Jan
24
Jan
24
391/2 Feb
17
100
103
Jan
7
29%
108
108
30
30
700
3074
40,700
108
1
*11%
11%
11%
11%
11%
113A
Inc
10c
11%
11%
117a
11%
11%
1134
Xl0%
Consolidated Vultee Aircraft
107a
—1
1074
13%
13%
10 '/a
13%
13%
10'/4
13%
1374
131%
13%
2,400
1,000
10 7a
13 74
14
Cuba 67c
Consolidated
Retail
Consolidated
Textile
Rights
_
_
Stores
Co
Power
_
pfd
Co
com
,
Inc
No par
$5.50
Baking Co
com
preferred
Continental
Can
Inc
$3.75 preferred
Diamond
Dec
8% Feb
7
9% Jan
9
Continental
Dec
75% Jan
13
78% Jan
11
Continental
34%
32
No par
$4.52 preferred
No par
Container Corp of America com,,20
4% preferred
.,,100
Continental
34%
3/64
.
$4.50 preferred
974
2934
108
18%
78'%
20.
29%
107%
3,000
45%
Jun
page
29%
108
2,000
334
18%
Feb
see
29%
3%
*45%
RR of
6%
footnotes
29
100
Consol
56%
For
NO par
,
38'A
13
Inc
Cigar—
No par
No par
34 %
3574
111%
109
109 7a
109 7a
41%
*104
18%
*98
*102%
5
9 7a
76 7b
41%
41%
42
42
*103%
105
105
187a
18%
18
9.9
97%
98
38%
38%
3974
105
103
9'A
76%
*102
8%
767a
35%
35%
3534
111%
111%
111%
1097a
109%
*109 7a
10934
150
42 74
427a
42%
1,300
34
103
9%
7672
1874
*97
38 74
*102'/a
9
76
42%
42
105
1874
3874
9
76%
74
*104
105
*104
590
105
10
19
•
19
187a
187a
1,700
*97
98
103
27,700
116,200
1093A
109Va
1,400
2,100
49,800
3574
112
*10974
12
111%
3/64
112
No par
10
34%
111%
38%
Fibre
r32
*111% 112
common,,—20
Insurance,,
34%
11%
98
97
97 ~8
110
38
38
74
38
38 V4
*10274
103
*102'A
9
*8%
9
6,100
103
*874
7674
761/2
7674
77%
.
1,500
2,600
II
12
COMMERCIAL
THE
(856)
FINANCIAL
&
CHRONICLE
■v
YORK
NEW
RECORD
STOCKS
Ratige for Previous
Year1949
Lowest
STOCK
NEW YORK
Range Since Jan. 1
Highest
* per
LOW AND HIGH
STOCK
Saturday
Monday
Tuesday
Feb. 18
Feb. 20
Feb. 21
EXCHANGE
Lowest
Highest
Monday, February 27, 1950
r
Par
$ per share
$ per share
$ per share
SALE PRICES
Thursday
Wednesday
Feb
Feb. 22
S per
$ per
share
Friday
share
Sales for
Feb. 24
IS
the Week
share
Shares
5%
Jun
8%
Jan
7% Jan
9
Continental Motors
1
6%
7%
6%
63A
6%
634
6%
63/4
26,000
47%
Feb
65%
Oct
551/2 Jan
25
60 'A Jan
9
Continental Oil of Delaware
5
57%
57%
56%
57%
553/4
56'/a
56'/4
57
56%
563/4
5,000
11%
Jun
15%
Jan
13'AJan
3
15% Feb
24
Continental Steel Corp
14
*15%
15%
*15%
15%
15 J/4
15%
15 38
15'A
15%
15%
2,000
19%
Jun
24%
Dec
23 'A Jan
4
26'/a Feb
20
Cooper-Bessemer Corp common
5
$3 prior preferred
No par
Copper Range Co
No par
Copperweld Steel Co common;
5
25"%
*54%
12 %
16%
*48%
26
55%
25%
26 %
26
26
25 3 4
26'/a
25%
25%
3; 000
54%
54 %
*54 J/4
55%
EXCHANGE
*5438
55%
*543/8
553/a
12 %
16%
*12%
123/4
12%
12'/a
CLOSED
12%
12%
12%
12%
400
16%
16%
16%
16%
16'A
16%
16'A
2,300
49%
*48%
49%
*483A
491/2
*483/4
491/2
I per share
$ per share
$ per share
6% Jan' 3
share
55% May
51% July
54
Jan
11
55
Feb
3
13
Jan
7
17'A Feb
4
.
7
STOCK
S per
6%
9
Jun
12%
Feb
12
Jan
17
12
Jun
19%
Jan
143/4 Jan
3
49
Dec
52
Feb
483A Feb
16
7
Jun
11 %
Dec
10% Jan
3
143/4 Feb
14
Cornell
Dubilier Electric Corp
1
3
63
Feb
24
13
34
Feb
3
Exchange Eank & Tr Co
Corning Glass Works common
20
5
100
*100%
101
*100%
101
100 J/4
100 (A
*100
101
series of 1947—100
*100%
101%
100'/a
100%
101
101
70%
70
Convertible
11
49% Jan
49% Mar
58%
Dec
57'A Jan
20
Apr
30%
Dec
28% Jan
94
Jan
102%
Dec
100'A Feb 21
101'A Jan
5
92 %
Jan
102
Sep
100'A Feb 21
102% Jan
27
57
Jan
13
72% Jan
3
12
Dec
73%
673/4 Jan
pref 5% series
50
Corn
3%%
preferred
Cum
pfd 3%%
Sep
1823A Feb
9
185'A Jan
3% Mar
5%
Dec
4 'A Jan
28
5% Jan
5
1%
Oct
2
Jan
6
2'A Jan
3
Coty International Corp
Jan
27
Jan
3
Dec
103
189
Jan
Jun
30 'A Jan
31
Feb
23
105
Jan
11
Jan
14%
NOV
12% Jan
18
14
Jan
5
Feb
29%
Deo
28'A Jan 25
30
Feb
23
21%
32%
Jun
96
Jun
8%
23
13%
19%
Jan
,
Jan
15% Jan
42%
Oct
36%
104
Apr
39
26
Jan.18
173A Jan
3
Jan
19
40
7%
preferred
3%%
preferred
Jun
30
Dec
27'A Jan
13
32 3/4 Feb
18
105
Dec
102 »/a Jan
11
104% Feb
15
90
May
99%
Dec
99% Jan
3
104'A Feb
16
$4.2o preferred—
$4 2nd preferred
14
Nov
24
Jan
163/8 Jan
3
20'/a Jan
11
Crucible Steel of Amer
59 '/a Jan
11
72%
160
Feb
8
22
Feb
15
Dec
15 3A Jan
4
Feb
14
6% Mar
Jun
60
7% Jan
3
Jan
67'/a Jan
14
73
Jun
18%
133
16%
Jan 20
24
29%
29
28%
1.03
103
103'A
13
13
13
13
13
*29%
30
30
30
30
30
28'A
103%
29
7,400
103'A
200
2,800
600
l07e
lu7/a
lb5e
16%
16%
16%
*39%
397/a
*39%
39%
39%
39%
200
4,700
.
32 '/a
32%
*103%
18%
17%
3,800
104'A
No par
com__No par
convertible preferred
5%
7%
non-cum
100
100
pfd—
preferred
*103
18%
•
56%
*22
56%
16%
*160
8%
*67%
16%
•
:
$7 preferred
Prior preferred—i
Curtis-Wright common
25'A Feb
4,200
12%
*102'A
1033A
39%
Cuneo Press Inc
138
3,600
2%
104'A
9
17
120
5%
23A
323/a
Feb
; Feb 21
184'A
5
2'A
104'A
134
223A Feb
184
5%
184
2%
32J/4
122'A Jan 16
125
29
29%
*5
10412
Oct
Jan
29
*102%
105
16%
•
Curtis Publishing
Jan
2%
323/a
9
26%
5
2%
1043/4
5
137
Sep
5
2%
32%
19
10
5%
2%
1041/a
Jan
243A Feb
6,200
■
5
2%
29%
32 %
8
3
*183%
220
70'A
1043/4
13 Va Jan
20% Jan
184
40
102
70'A
32%
25% Jan
Jan
*183%
184
*101
70%
4,500
1003A
104%
24
24%
70
1003/4
143/a
32%
63A Feb 14
10
*183%
5
*39%
31
9% Feb
184
167/8
21
553A Jan 28
71%
397/a
Feb
3
101 %
70%
*39%
9 '/a Jan
3
Mar
19%
29'A
*100%
71
2.50
100
Cudahy Packing Co common..—10
4%% preferred
100
7% Jan
2,100
29%
14
49% Jan
32
29%
Feb
Apr
31%
*102
Cuban-American Sugar common—10
9%
31'A
2
104%
105%
11 'A Feb
52 % NOV
31J
30
Cuba RR 6%
Jun
7
32
*29 %
16%
6
Dec
43% Jun
31%
32%
233A Jan 16
145%
Jun
109
32%
*104%
Feb
25%
Feb
980
32
No par
Dec
13%
Feb
4%
63
32%
13.
9
70
62
12%
Jan
175
13%
62
12"%
19 'A Jan
25
133/4
61 %
X13>4
Crown Zellerbach Corp common—5
8% Oct
10% Nov
16
175
May
160
May
5%
55
Apr
16%
Feb
Jan
31
Nov
July
12%
33%
61'/a
No par
Mar
49
133/4
61%
2
preferred
94
21
14
61%
13 Ye
(The)
20
,
13%
61%
1
Crown Cork & Seal common
$2
14%
*183%
5
2%
100
of Wheat Corp
Cream
*48 %
BIRTHDAY
30
61%
71
25
Crane Co common
Creameries of America
•
14
100
1
1
Coty Inc
2%
171%
WASHINGTON'S
16
61%
32%
common—25
Corn Products Refining
49 >A
1
5
No par
-No par
—1
—
Class A
Cushman's Sons Inc 7Vo
pfd
100
*160
180
58
*57'A
58
23
*22
22'A
180
8%
*160
8%
70%
*23
7
132%
52%
9%
*51%
23 %
23%
23%
8'/a
9%
23%
*125
23%
16%
180
70
52%
8%
23%
1,400
58
*22
16%
*69%
134
1,500
58%
7%
23%
18'A
22 J/a
11%
*125
18'A
16%
*131
52
8"%
•
500
106
*103
18'A
573A
24%
No par
105
22»/a
8%
132
17%
16%
7%
•
*103
18%
57%
70%
11%
106
18
23
11%
1
Cutler-Hammer Inc
16%
♦103
18%
*23'A
Cunningham Drug stores Inc.—2.50 '
cdmmon_„No par 1
—
57
*22
23
106
*160
8%
83A
70»
*70
11%
*11%
12
11%
24
*23 J/4
24
*23%
7
7%
7%
132 J/a
132
8%
*70
11%
125
125
23%
*122
23%
24
2,200
100
11%
233A
1,300
7'A
133
533A
24
_
8%
7
132'A
9
.
72
11'/a
7»A
132'A
1,200
180
*23 J/a
24
*52%
10
17
'
8%
7
9V'a
24
23%
*160
72
132%
8%
23 3A
16%
180
52%
52
130
17i/a
133'A
*52'A
9,600
260
53
500
9%
9
9'/8
29,100
24%
24
24'A
5,200
128
*122
243A
243A
128
20
25%
3,000
15'A
13,400
D
11% July
15% Feb
24
Jan
23
13% Jan 25
15% Feb
15
15% Jan
Dec
17% May
22 % Dec
xl6% Mar'
17% Feb* 17
Jan
31
Jan
98% Aug
92%
Jan
100% Deo
Jun
i*0V
11
97% Jan 24
Jan
97
11% Jan
3
8% Jan 27
Jan
9%
4% May
3
21% Jan 23
4
29% Jan
May
26%
92
7%
12
96
14%
1
Jan
15
13
Jan
96% Nov
Jan
87
13% Jan
15% Mar
Jun 1
9
97
Dana
Corp common
3%%
1
100
2.50
5% convertible preferred——20
Davison Chemical Corp (The)
1
Dayton Power & Light common
7
22
22%
22
22 '/a
22'/a
22
22%
2,600
33%
98%
33%
33%
33
33 %
3234
33
32%
32%
2,800
99%
99%
99J/e
99%
99 3 a
991/2
*98%
99'A
100% Feb
20
Preferred
3.75%
series
B—100
*99%
100%
100%
lO'H'a
*99 %
100%
*99%
100%
*991/2
100%
130
15% Feb
11
—50c
14%
14%
15%
14%
14%
15%
7,100
Jan
5
50c
9%
9%
8%
9%
8%
8%
8%
6,400
233A
10
Dayton Rubber Co
Decca Records Inc
30
Deep Rock Oil Corp
31
Deere & Co
3
33
Jan
29%
Jan
3
3
8% Jan
21% Jan 12
19
Jun
30%
Dec
27
34%
Feb
14
52% Jan
7%
1
23%
23
23 Ye
23
23
23
23%
1,700
Jan
11
27%
28%
27%
27 Yy
27 '/a
28
28'A
28%
28%
29'A
4,400
55
54%
55%
553A
56%
56
57%
571/B
57%
5,600
31
Escrow ctfs for cdftimon_
Escrow ctfs for preferred—
100
32
100
23
10
3
Detfoit
50
Jun
58
Jan
53
Feb
2
*
Detroit Hillsdale & S W RR Co__100
58
Jan
6
6% Feb
14
7% Jan
20% Jan 25
231/2 Jan
9
12
Jun
13%
Nov
137A Jan
11
16%
Jun
22 %
Nov
20% Jan 13
221/4 Jan
12
31%
Sep
40
Jan
36% Feb
14
391/4 Jan
3
Derpy Oil Co
(The)
*56
*56
58
6%
6%
6%
21%
21%
21%
Feb
40% Jan
3
43% Feb
23
Dec
12 % Jan
25
13% Jan
3
8% Feb
8
5
6%
Jun
18%
Deo
58
7
$ per
$ per
share
Jan
12% Jan
4
15% Jan
11
Nov
35% Jan
28
40% Feb
2
53%
Nov
50% Jan
3
541/2 Feb
10
14% Mar
10% Jan
3
13
10
Jun
25
July
38%
Deo
33% Jan
Jan
18%
Sep
15% Feb
12%
12%
12%
12%
12%
1,300
21J'2
'21'A
213/4
21%
2,700
37
37'A
363/4
363A
1,600
25
*43%
43%
12%
44
12%
*43%
2
50c
2
8%
8%
18%
8%
18%
12%
18%
43 J/a
43%
43%
43%
J/4l
*12'A
12%
12'A
12%
12'A
8 J/4
8%
81/4
8%
*8'A
18 J/4
18%
18%
18'/a
18%
101
123%
Dec
119% Jan 13
20
Feb. 20
Divco Corp
Dixie Cup Co common
Class A
No par
I per share
11
19% Jan
5
78
Sep
11% Mar
86%
Jan
81% Jan
18
83% Jan
30
20%
Oct
191/2 Jan 27
20% Jan
9
8% Jun
14%
Oct
13
141/2 Jan
12
2
60% Jan
13
Oct
1221/4 Jan
9
64% Feb
125
21
Jan 25
'
Tuesday
Feb. 21
t per share
< per share
Wednesday
Feb. 22
$ per
share
Friday
Sales for
Feb. 24
the Week
Thursday
Feb. 23
$ per share
Shares
$ per share
13%
13%
13%
13%
13%
*13'A
13%
*38
39
*37 '/a
38%
37%
37%
*37%
38
No par
52%
52a/4
53%
53'A
*523/4
54
52%
523A
52'A
52%
12%
12%
12%
12%
*12'A
12%
STOCK
12%
12%
.12%
12%
35
35
34%
35
*34'/a
35
EXCHANGE
34%
35'/e
*34%
15%
74%
15%
74%
15%
15%
CLOSED
15'A
15%
15'A
15%
76
77%
77%
803/4
7,700
59%
60'A
60%
60%
11,200
par
15
No par
$3.25 2nd preferred
No par
Dresser Industries
50c
common
convertible preferred
*
-
59%
*108
60
108%
131% 131%
18'A
18%
100
*81
82
_1
*19
74
59%
153/a
74%
15'A
75
60'A
75%
59%
60%
108
108
N106
308%
131%
133
132
132%
18
18'A
17%
17%
WASHINGTON'S
BIRTHDAY
*106%
132
17%
*81
82
20%
*19
20
13%
13%
*13%
13%
*133/a
13%
13'A
5
63%
64%
64%
64%
64%
64 >/a
X63 %
Preferred $4.50 series
No par
No par
,*124%
102%
*114%
*10%
125
102%
I15
10%
*124%
Preferred $3.50 series
Dunhill International
.
Duplan Corp
—No par
Du Pont de Nem
Nov
10,600
*13%
$4 preferred series A
3%%
18%
13%
Dow Chemical Co common
133% Feb
1,700
38¥2
Douglas Aircraft
11
8
600
8 'A,
*37%
-
5
30
17'A Feb
12'A
No
24
24% May
900
44'A
* 13%
1
Pepper Co
Jan
16% Dec
Feb
Par
611/4 Feb
110
X18
*43
LOW AND HIGH SALE PRICES
Monday
Feb. 18
No par
13
Feb
■
8%'
12
Saturday
80% Feb
13
101% Apr
69% Jan
54% Jan
300
21%
No par
108
4,200
36%
6
Oct
7%
21%
12%
17% Jan
Sep
50
7%
21%
363A
7
Dec
7%
22
21'A
Doehler-Jarvis Corp
Dome Mines Ltd
72%
7'/a
*21%
61
36%
4
57%
7
22
*21 J/a
*56
13
36% Jan
108%
58
21 J/4
13
Feb
58
36%
Dr.
Apr
7,000
58
12%
9
43
800
23%
20%
Jan
48%
12%
23%
13
share
17
123/4
23'A
*12'A
36%
EXCHANGE
38%
12%
23
7
21%
STOCKS
$ per share
12%
23%
*56
NEW YORK STOCK
•
Lowest
Highest
12 J/a
23%
20%
Corp
Distill Corp-Seagrams Ltd
Range Since Jan. 1
Highest
Year 1949
6,900
13
participating preferred
Range for Previous
1,700
9%
36%
Diana Stores
12%
91/2 Jan
18% Jan
31
20%
Diamond T Motor Car Co
Nov
9%
9%
12.50
5
9%
9%
No par
Devoe & Raynolds class A
Match common
Diamond
13%
*
23 J/4
9%
9%
.
12%
23%
1
45%
*81
82
20
20
3,700
200
240
800
35
108
*106'A
133
133%
3,600
133'A
17%
1,400
17%
17%
100
108
2,500
3,900
*81
82
*81
82
*19
20
20
20
13%
13'A
13%'
900
64%
63%
63%
29,000
1.25 J/2
*125iA
900
(E I) & Co—
Common
.
Feb
124%
97% Jan
112
Jun
102% Aug
101% Jan 27
102% Feb
10
115%
Jan
113% Jan
4
116
Feb
20
Duquesne Light 5%
119
12%
23 %
1
Jun
63%
12%
23
Detroit-Michigan Stove Co
Sep
Jun
'
Detroit Steel Corp
De Vilbiss Co
Jun
43%
12%
20
9%
12
32
55
8
Edison
6%
Apr
31%
9%
23 J/4
13% Jan
23% Feb
•
31
9%
*22%
57% Feb
12%
32
9%
3
Feb
31%
900
23 %
15
9%
31%
700
10,800
353/8
9%
13
24% Feb
45 % Jun
44'Ay
■; 35%
30%
23'A
23 %
12 % Feb
I per share
43%
35%
50
100
Western
&
21% Jan
Lowest
44%
35%
*23
Delaware Power & Light Co—13.50
Denver & Rio Grande West RR
Sep
17% Jan 13
23%
43 JA
35'/a
Delaware Lack
Dec
37%
23'A
44'A
35%
Delaware & Hudson
Dec
6
23'%
43%
11
23%
xl2% Jan
23 J/a
44 J/4
35%
44
17
14%
11%
8%
14
53%
Jan
8%
230
10% Jan
Jun
9%
8%
15
23% Feb
Jan
24 % Mar
14%
31%
35%
Dec
Jun
23%
44 %
*35%
15
*35%
23%
43%
20
12%
4% Jun
15
No par
common
preferred
20
15
_
22%
Jan
Jan
_
300
18%
98%
Jan
Dec
*17
100
45
9%
18'A
A
24% Jan
40%
*17
series
36
22%
*17
15%
3.75%
4
Jun
18%
97
15
Preferred
13
Jun
*17
*96'A
1
35% Jan
Jun
15
7
38% Jan
5%
14%
143/a
97
*14%
5
Oct
19
14'/a
*96
15
Feb
Sep
Jan
26
33%
14'A
97
*14%
Jan
36 %
3
22 %
14%
*96
15
34
43%
Jan
*17%
14%
97
*14%
991/2 Feb
29
22
14%
*96
15%
18%
24
Jun
Jan
*15%
18%
22%
Jun
31
14'A
I 97
*96
Davega Stores Corp common
Mar
17
30%
14%
preferred series A
9%
Jun
12%
Jan
10% Jan
4
11% Jan
10
DWG
15%
Jun
20 % Mar
xl6% Feb
15
19% Jan
10
Eagle-Picher Co.
13
Jun
16% Mar
14% Jan
13
17
Eastern Airlines Inc
Dec
13% Feb
6
Jan
13
1st pfd——100
5
Cigar Corp
*124% 125
124%
124%
102'A
102%
102 3A
102%
102%
102 3/a
115
116
116
116
115%
115'A
10%
*10%
10%
10%
10%
102 %
*115
10%
10%
126
400
102%
800
116
70
11
400
E
7% July
7% Jun
38%
Jun
16 %
13%
10
Jan
48%
NOV
Oct
202
45% Jan 27
172% Jan
5
Jan 13
Feb
24
15% Jan
3
Feb
24
13
48% Feb
9
Feb
24
180
Eastern
Eastern Stainless Steel Corp
Jan
29
30% Jan
9
14%
Apr.
19
Dec
16% Feb
10
19% Jan
7
Edison Bros Stores Inc common
88
Jan
Feb
14
96% Jan
10% Feb
Dec
96
Dec
12% Jan 25
14% Jan
May
96
Jan
10
Jan
96
14%
3
9
13
4%%
Jun
8%
Dec
45%
Dec
421/s Feb
24
46% Jan
5
Dec
16
13
19% Feb
6
Electric
6
38% Feb
8
32% Mar
1%
Jun
34%
Jun
36%
Jan
Jan
35% Jan
Oct
9
1% Jan
3
2% Feb
18
42% Jan
11
Electric Storage Battery
11 % J an 25
13
Jun
28%
Nov
251/4 Feb
7
28% Feb 23.
75
NOV
67% Feb
23% Aug
8% Jun
13% Mar
14%
8%
91/4
8%
83/4
43%
42'A
42%
42%
43%
18%
19'A
18%
191/8
19
19%
36%
36%
361/2
36%
36J/4
36%
353A
36%
1,600
2%
2%
2%
2%
2%
2%
37%
12%
37%
12%
38%
38 VA
.121/4
38%
12 %,
10
26%
26"%
26
26'A
25%
50
70
*50%
common
100
7% Jan
5
Equitable Office Bldg
—1
12% Jan
10
Jun
7
Dec
14%
6% Jan 13
10% Jan 13
Jan
13
57% Feb
9'A
37%
12 %
5
Jan
9 '/a
13%
99
No par
15
18%
103
13'/a
*97
*36%
*29%
10
13%
No par
10
4%
convertible preferred
preference
50
36%
70
5l
*68
*50'A
12%
13%
*97
2%
*38
*97%
2%
12%
27%
28%
74
75
*72
75
51
*50-
50%
26%
50
503/a
*50%
51
2C%
26%
263/4
263A
3,000
14%
143/a
143/4
4,200
25%
26%
12
Emerson Electric
4
13%
26%
13%
26%
13'/a
13%
13%
25%
25
25%
25
18%
13'A
24%
18%
13%
Emerson Radio & Phonograph
18%
18%
18%
18%
18%
30%
30%
30%
301/a
30%
30'A
31
*102%
102%
*102%
1023/4
102'/a
102 >A
6%
11%
6%
11%
6%
11%
56%
6%
6%
6%
11'/a
11%
5% preferred series A_
Erie & Pittsburgh RR Co
Williams Corp
—100
*56 %
58%
_50
*59%
63
5
5%
10,600
12%
26%
71
11
2
27%
12 'A
26%
*67 '/a
26'/a
No par
12%
67,100
1,600
2,100
72
26 %
common
3,700
10,500
38%
26%
Erie RR
2,100
•
2%
38%
26%
5
3,000
2%
3
Mfg Co
10
14
100
38%
El Paso Natural Gas
6
100
13%
*97%
13%
99
26'/a
11%
'
56%
25%
*102%
102%
63A
6%
11%
11%
800
30
42,000
18%
18%
30%
30%
*102%
1023/4
10
6%
6%
11,600
11%
11%
12,700
.
551/2
56
*55%
56J/4
*55%
56 3/a
*59'A
63
*59'A
63
*59 3/8
2,900
-
900
5:
%
62
10%
Jan
55
Jan
Jan
61 %
68
60
Jan
9
Jan
9
5 % Jan
25
6% Jan
11
Eureka
8% Feb
14
10% Jan
11
Evans Products Co
5
10%
16
11% Jan
7
Eversharp Inc
1
10
10%
10%
10'/a
10%
10%
3,200
9% Feb
10%
10%
10%
64 % Feb
23
Ex-cell-o Corp—
103A
Jan 13
59%
61 %
60%
61 %
61
20,500
3
63%
63%
64'A
63%
633A
4% Jan
10
Exchange Buffet Corp
11,500
2.50
3%
3%
3%
1,300
Dec
Jan
Jim
11%
Dec
Jan
61%
Dec
Jun
5%
Apr
footnotes
9%
43
25
100% Jan
98
191/4
Endicott Johnson Corp common
4% preferred
Dec
*96
43%
Empire District Electric Co
105
96
18%
5
Jan
2,100
1,300
17
18%
8
100%
17%
,17
18%
1
19 % Feb
6
163/4
17
98
33% Jan
Feb
60
30
30%
17
*
10,600
29%
30%
17'A
96
20,900
30
30 J/a
29%
13
48 3/8
180
99
15% Jan
17% Jan 11
12
473/4
179%
*96
13%
29% Feb
28% Jan
5%
12'/a
47%
179
*97
9%
43%
3
30
For
10
11%
47%
179
13%
15
Dec
3
Jan
5%%
12%
47%
179
99
9%
43%
13% Feb
Nov
Jun
51
Elgin National Watch Co
Elliott Co
98
11%
47'A
179
2,500
13%
xl6 % Jan
Nov
6%
23
*96
17%
11%
1,700
35,400
*97
9%
43%
Deo
18%
6%
7
Feb
17
May
29
18%
36
Jan
75
17
16
35%
Feb
1
Feb
Jun
Jun
48
179
Jan
Jan
July
47%
*177%
30 %
26
Jun
3%
47%
50
12%
55
47%
*177% 179
30%
30%
Oct
51%
14%
48%
15%
8
13
3t29%
9% Jun
17
143/4
Elec & Mus Ind Amer shares
16
Jun
42% Jan
preferred
37'A Feb
17%
Jun
16%
14%
5
(The)—
Boat common
Jan
48
10'A
lb%
16%
14%
3
preferred
Elastic Stop Nut Co
Jan
2%
51
163A
161/8
14%
100
4% %
Convertible
16%
161%
14'/a
100
Electric Auto-Lite
17%
6
96
16%
16
Hi/a
16%
2.50
preferred
33% Apr
12% Feb
101
16%
16%
14%
11%
100
2
Ekco Products Co common
13
x8% Jan 12
Oct
16%
16
14%
11%
10
6%
32%
94%
17
16%
5
Eastman Kodak Co common—
Jun
21%
16%
16%
*14%
11%
10
preferred
Eaton Manufacturing Co
Jan
164
16%
1
10
Corp common
see
page
55
3% Jan
20.
5
60
*9
6
9%
4
*59%
5%
9'/a
4
63
5%
5'A
5%
9'/a
9
9
4
*3%
4
5%
9
*3%
5%
9'/a
4
51/2
9%
5%
500
4,100
Volume 171
Number 4385
THE COMMERCIAL & FINANCIAL CHRONICLE
<
,
NEW
Range for Previous
I per share
STOCK
Range Since Jan. 1
Lowest
Highest
t per share
$ per share
NEW
Highest
YORK
LOW AND
STOCK
Monday
Tuesday
Feb. IK
$ per share
Par
SALE
HIGH
Saturday
Feb. 29
Feb. 21
EXCHANGE
13
RECORD
STOCKS
Year 194!)
Lowest
YORK
(857)
I per share
t per share
PRICES
Thursday
Wednesday
Feb. 22
S per share
Friday
S per
Sales for
Feb. 24
Feb. 23
I per share
the Week
$ per share
share
Shares
F
34
Jun
19
Feb
25%
Oct
23% Jan
3
Feb
4
Fajardo Sugar Co
19 Va
Oct
23%
Dec
20% Jan
23
22% Jan
7
Falstaff
12% Aug
% Jun
15%
Oct
14% Jan
3
17% Feb
23
Family Finance Corp
7%
Jan
% Jan
3
1% Jan
14
FAR
41%
Jan
39
Jan
3
11% Mar
15%
Dec
15 % Jan
32
Jun
38%
Jan
36% Jan
Jun
18%
Nov
17% Jan
13
3%
Jun
6%
Jan
4 % Feb
24%
Feb
36
Dec
33% Jan
95% Mar
104
25
,
9
14%
42% Jan
103
Fairbanks Morse & Co
11
No par
40 Va
39%
39%
40
40
•39%
39%
39%
24%
24%
24 Va
24 >A
24%
24%
24%
24%
24'A
24%
1
20%
20%
21%
21 %'
21 Va
21'A
21 Va
21%
21
21%
1,300
1
,_1
16%
16%
16%
16%
16%
16
16%
17 Va
17
17%
6,500
1%
1%
1 Va
1 Va
1 %
3,800
common
Liquidating Corp
Fedders-Quigan Corp
16% Jan
13
39% Feb
24
Feb
17
Federal Mining & Smelting Co
Federal-Mogul Corp
14
5% Jan
10
Federal
13
37% Feb
23
Federated Dept Stores common
104% Jan
3
•'
19
Jan
3
20%
Jan
11% Jan
3
13% Jan
12
Dec
17% Jan
3
19% Jan
20
81%
Dec
80% Jan
19
56
Dec
52% Jan
39%
*18%
19
4%
4%
36%
36%
63% July
43
105
July
May
53
Jan
11% July
21% Jun
98%
Jan
18% May
13%
Jan
83% Feb
8
13
60 % Feb
20
107% Mar
105
Feb
15
106% Jan
5
69
Dec
67
Jan
17
17%
Jan
13
Jan
3
71
Feb
24
14% Jan 20
28
U8%
Jan
30% Jan
4
Dec
104% Feb
15
Jan
4
Jan
31%
104%
24% Jan
5
27% Feb
2
Dec
18% Jan
3
19% Feb
23
33% Jan
106
9
21% Feb
4%%
preferred
Tire Ac Rubber
104 Va
104 Va
12%
12%
12%
900
19
19
19%
2,200
83%
20% Feb
15
14
15% Jan
10
Florshelm Shoe class A
3
14% Jan
12
8%
Feb
14%
Dec
3
18
20
Follansbee Steel Corp
Food Fair Stores Inc
18
Food
Jan
13
89% Jan
3
96% Feb
10
Jan
7
99
Jan
30
33%
Dec
29
Jan
25
34% Feb
24
Dec
24
25
16
19%
21%
Jun
25%
8%
Nov
8
Jun
12% Aug
10% May
20%
12%
1
17%
x38
Feb
preferred
Foster-Wheeler Corp
Jan
30
3
11% Jan 27
9% Feb
3
11% Jan
10
65% Feb
10
60
Nov
57% Jan
13
Jan
17%
Dec
16% Feb
23
19% Feb
3
16%
Jun
23%
Dec
20
Feb
16
22 Va Jan
9
78%
Feb
75% Jan
3
80
Feb
1
7Va
Apr
5% Jan
3
7% Feb
16
Gabriel Co
Galr Co
67
Sep
*23%
24'A
*10
-
9%
104%
104%
♦26%
27%
19%
19%
19%
19%
20%
21%-
'
-
16%
80
100
19%
8,500
21'/a
21 %
21%
36,900
29
100
14%
14%
12%»
12%
13 V.
3,400
16%
16%
16%
11,100
■15
29 %
29%
*93 Va
94%
29%
29 %
29%
*94....
94%
94
94
99
98 Va
99
99
99
98
98 Va
-32%
33
32%
34
33%
*23%
24 V<
♦23%
24 Va
24
10
•10%
10%
•9%
97/a
"
32%
■
•
*23%*
24 %•>'•
10%
9%
.9%r; ..••9%
*9%
64%
18
18
18
20%
20%
"
78%
77
-
64%
9%
64%
65
65
18
17%
17%
20%
,
•
3,600
34%
'
8,100
24%
»
10
380
110
•10%
11
200
*9%
10
400
64%
*
65
2,100
"
78
'
4,300
•
19%
*95^
*94
.
104%
26%
♦26
16
-17%
>
*10**
i
-
104%
12%
•14%
18
29% •■-29%
31%
31
31%
21 Va
15
12%
31%
64%
*14%
12%
*98%
10
31
'
•
12%
17%
*
-r
♦
.
15.
12%.
20%
*78
1,400
27%
j
lo
Froedtert Grain dc Malting Co Inc_l
100
1,400
13%
31%
Fruehauf Trailer Co common
'"4% preferred
1
71
104%
21
180
105%
13 Va
*26%
v
5,000
70
X30%
20%.
800
83
60 Va
59
105 Va
13V«
13
-104%
v
180
70
*69%
12%
31%
*14%
10%
1
83
105 %
31%
•
70
*13%
19%
95%
30%
No par
70
19 Va
.29%-
10
;
105%
13%
27
99
prior preferred
11%
29%
98%
Freeport Sulphur Co
6%
105%
70
%
25
Francisco Sugar Co
Franklin Stores Corp
59%
105 Va
r
15
100
common
59%
27
12%-.;,>
17%
*95%
...
83
59%
31%
•20%
>
83%
58%
*104%
v
27%
*14%
*82%
83%
*105 Va
13 Va
f •
-
60'A
70
19 Va
10
.
V
37%
No par
83%
104
104
105%
59
13%
19
Machinery & Chem Corp
10
convertible preferred—i_100
9% Jan
Jan
83'A
105 Va
105%
—No par
~3%%
Feb
Co
71
*31%
•:3%%
96
30% Jan
83%
*104%
*26 '
7%
—■
11% Jan
14% Jan
28
104%
•12%
•18%
No par
14% Feb
Oct
3,500
12%
No par
Florida Power Corp
Florida Power & Light
Jan
37%
19%
10
^preferred
Florence Stove Co
Nov
37 Va
12%
13 y8
96%
1,200
37%
19
*68%
92%
4%
18%
No par
29%
104
700
4%
37%
37%
4%
12%
com
First National Stores
Apr
104
103 %
200
4%
18%
Firth (The) Carpet Co
No par
Flintkote Co (The) common__No par
May
37
4,500
19%
12%
60 Va
July
36%
*
v
105%
Oct
<
36%
BIRTHDAY
16
39%
18%
59 y8
Jan
78
4%
15%
39
*18%
19
12%-.
*105%
15%
89
4%
.4%
16
39
19
18%
+
24%
20%
104
*4%
15 Va
CLOSED
WASHINGTON'S
1,300
12%
25
preferred
Sep
Feb
%
19%
1 Va
1
•38 Va
16 Va
39%
*18%
1
EXCHANGE
'
1,100
5
100
4%%
May
15
103
15%
*38%
19
16
19
-
1 Va
1
39 %
*38 Va
•
STOCK
39%
__1
9%
12
*
—100
*
Fidelity Phoenix Fire Ins N Y
Firestone
'
5
Ferro Enamel Corp
18
15%
*38 Va
5
Felt Sc Tarrant Mfg Co
17%
Sep
16
—2
No par
12%
Jun
16
1
Motor Truck:
10% Nov
v
*39%
20
Brewing Corp___
20% -'21
64'A
,
65
16%
17 Va
*16%
21
20%
20%
77%
76
900
17%
20%
76
3,500
'
*76
78 .'
•76
•
30
G
4%
Jun
4%
Jun
7%
Oct
7%-Jan
3
8'A Jan
10
14%
Jun
18%
Dec
17% Jan
12
18% Jan
28
6% Jan
6
Oct
9%
Jan
31%
Oct
41%
Jan
13
Feb
17%
Dec
15
Jun
19
Apr
10%
Jun
16%
Dec
15% Jan
3%
Jun
6%
Feb
4% Jan
21%
Jun
32%
Feb
25% Feb
15%
Jun
23%
Jan
18% Feb
13%
Jan
19%
Dec
18
Jan
Jun
105
103%
Jan
41%
Sep
99
July
9%
Jun
107
No par
8 Va Jan
20
38% Jan
12
*18y«
Gamble-Skogmo Inc common
5% convertible preferred-.
17
Jan
10
18'A Feb
11
Gamewell
xl7% Jan
3
19
Jan
10
Gardner-Denver Co
3
19% Feb
10
Garrett
3
5% Jan
12
Gar Wood Industries Inc com
2
27% Jan
12
4
20V4 Jan
11
Gaylord Container Corp
3
19% Jan
11
General
Co
(The)
Corp
4%%
5
50
Jan
11
106% Feb
18
45% Jan
13
49% Feb
18
103 V* Jan
12
104 Vt Jan
31
$4.25 preferred series A
11
Dec
General Baking Co common
5
No par
10% Jan
12
Jan
31
5
165
Feb
7
16% Feb
2
6
Jun
10
Jan
6% Feb
14
9V4 Jan
9
Apr
79%
163%
Jan
161
Jan
71
20
75
24%
Jun
31
Jan
27% Feb
14
30% Jan
9
17
Jun
20
Apr
16% Feb
16
18% Jan
11
138 Va Jan
139%
131
Jan
Jan
9
Feb
24
34
J
up
42%
Dec
41 Va Jan
13
47
Feb
23
39%
Jan
48%
Dec
47% Jan
13
50% Feb
3
93%
Jan
100%
Dec
100 Va Feb
20
Apr
-Jan
103
9
20
100
5
$4.50 preferred
General Amer Transportation
$8
preferred
General Bronze Corp
General Cable Corp com
4%
conv
2nd
preferred
50
Inc com—No par
100
7%
preferred
General Electric Co
General Foods
Jan
8% Jan
4
13'A Feb
16
General
Dec
54% Jan
16
56% Jan
25
General Mills common
123%
Jan
128%
Jun
126
Jan
13
129
Feb
17
5%
Apr
112
Dec
109 Va Jan
10
113
Jan
24
3%%
Instrument
Range Since Jan. 1
Lowest
Highest
preferred
$ per share
$ per share
Nov
68% Jan
1
13
78% Feb
10
127%
Sep
125% Jan
5
126% Jan
24
Jan
104 Va
Dec
102% Jan
6
104% Feb
11
13
Feb
19%
Sep
19 Vb Jan
3
21% Jan
16
22%
Jun
38%
Dec
34 % Feb
17
16 V* Mar
11 y8
Jan
15 Va
Jun
120
x
NEW
General Motors Corp
$5
Jan
3
13% Jan
4
16% Feb
20
3% Feb
10
3% Jan
9
17
Nov
16% Jan
3
18% Feb
20
Jan
19% Jan
4
24% Feb
17
Gen
General Portland
Gen Precision
Dec
121% Jan
6
126% Feb
23
6% Jan
20
7% Jan
6
General
20%
Jun
24%
Jan
23 Va Jan
31
25'A Jan
9
General
General Shoe
6%
34
Dec
x31% Jan
18
Jan
5
122
Jan
113
Jan
5
116% Feb
20
Gen Steel Castings $6
Jan
31
Nov
28% Jan 13
29% Jan
11
General
18%
Jun
27%
Dec
24 V* Jan
9
Apr
21% Feb
1
102%
Jan
Jun
21%
Jan
19% Jan
3
67
July
77 Va
Apr
77% Jan
23
64
Sep
73
Jan
Jun
12 y8
Feb
24
Jun
37%
79%
Jun
91
12%
Jun
17%
72 Va
101
Jan
10
34
102
Jan
12
56
Jan
10% Jan
13
12
Feb
2
24
112% Jan
11
Jan
23
5
*125
126%
6%
6%
6%
No par
23 Va
24'A
23%
*22%
23
preferred
100
General Tire <fc Rubber Co com
*101
5
23%
Georgia-Pac Plywood & Lumb Co__ 1
Gillette Safety Razor com
9%
103 Va
*101
50
1
100
*54%
85
*83
*73
75
*73
75
♦73
75
*73
75
10
10
10
9%
9%
9%
3 7'A
37%
*95
15 Va
15
9 Va
37 Va
96
15
*54%
55
11%
11%
109%
*107%
*95
14%
*82
55
*54%
11%
11%
109
15 Va
15%
15
8IV3
*107%
38%
96
14%
No par
*103'A
104 Va
48'A
48%
par
No par
*106
No par
13
1
2%
23
27% Jan
5
102% Jan
5
IOO1/2 Jan
6
Jun
16% Apr
15 % Jan
13
16% Feb
3
Jan
36%
33% Jan
12
35% Jan
17
11%
Jun
14%
Sep
12
3
13
Jan
12
Gt Northern Iron Ore Prop—No par
33%
Jun
43%
Jan
40% Jan
3
44 Va Jan
10
16%
Jan
19%
Oct
18% Jan
13
21 Va Feb
23
Gt Northern Ry 6% pfd——No par
Great Western Sugar com
No par
133 Va
July
144% Mar
137% Jan
3
145
Feb
17
62%
Dec
3%% preferred
:
-—100
Grayson-Roblnson Stores com—_1
$2.25 conv preferred
—No par
preferred
47%
104
*103%
104
47%
48
48 Va
;
13
Va
*12%
12%
12 V,
2%
2%
'/a
8%
34%
34%
800
31 »/4
32%
24,900
27
27
26 %
26%
27
27
.
101%
101 'A
26%
26%
*26%
27 Va
102
8%
35%
16%
16%
16%
16%
35%
35
35
35
35
*35
12 -Va
12%
12%
12%
12%
12%
12%
12%
2,100
42%
43
42'A
42 Va
41%
42
41 %
42
3,600
20%
20%
20%
20%
20%
21
20%
211/4
21
21'A
3,700
*143%
145 Va
*143 Va
146
—100
*63
70
*63
70
145%
43%
Greenfield Tap Ac Die Corp__No par
Greyhound Corp (The)—
14%
14'/a
*14%
14 Va
14%
14%
11
10%
11
100
99 Va
23%
7%
Guantanamo
21
101
Dec
Jan
3
Jun
14
Jan
12% Jan
3
41
Jun
54%
Dec
51% Jan
4
56%
Jun
71%
Jan
59 V* Jan
25
16%
Jan
22%
Dec
21
Jan
3
footnotes
seo
page
100
20.
103
15
Feb
Jan 17
56% Jan
63% Jan
24% Jan
12
3
13
3
10%
H
100
99 Va
99%
1
24 Va
24%
23%
1
*7Va
7'A
7 Va
$5 convertible preferred
No par
Gulf Mobile Ac Ohio RR com_No par
*102
14%
$5
1
Sugar
common
preferred
Gulf OB Corp
Gulf States Utilities Co
No par
25
No par
200
12%
*43'A
Aircraft Corp
210
3,000
43
43%
preferred
1,400
42%
43%
4%%
1,600
12%
:
1
Grumman
102
16%
Green
19
*101 »/2
101 %
12
28
8%
16 Va
44% Jan
15
8%
101 Va
16 %
4
Jan
36,400
34
26 Va
16%
100
1,400
2%
34
26%
*35
2 'A
23
26 V4
102
1,000
6,300
107%
12 Va
12
8
103'A
48%
48
34
25%
Jail
8V» Jan
103 'A
■
27%
8%
*33%
16%
1,600
3,100
26 Va
8%
33%
35%
10
15%
34
8%
33%
102
3,000
82%
*106 V3
21/4
107
100
11%
107%
821/4
121/4
2V4
41
24% Feb
481A
2%
Dec
100
100
*15iA
103%
12%
43%
3
48
2%
*144
s.
103%
107 Va
Green Bay & Western RR
3
3,600
55
11%
107'A
11%
*106%
30
13
11,000
14%
84
55
55
109
106%
_100
(H L) Co Inc
11%
106 V2
8%
*35
•54%
•107%
•106%
Jan
61/4 Jan
*82
84
151/4
71
18% Jan
14%
82
6
97% Jan
*82
15
Jan
Apr
3,100
96%
14%
81%
34%
i6Va
11%
65
July
38%
*95
15 V*
8%
101%
,
55
109
Nov
7% July
38
97%
12%
107%
2
104
84
67
20%
38%
14%
81%
"
*33%
.
T__10
11
100
10
10
37%
15
82%
261% Feb
Jan
9%
*95 va,
81
15
83
Common
3,400
85
75
82%
.
11
24
83
*83
10
Granite City Steel
No par
.
Grant (W T) Co common—/
10
103%
24
24 Va
11%
Grand
14% Feb
*101
24%
23
83
(B F) common—No par
Granby Consol M S & P
11% Jan
*22-%
23
83
*107V2
9
3
900
1,600
23
4
650
29'A
23,500
24
Jan
800
115%
29
29'A
30%
Feb
10% Jan
33
115
115
103%
4,000
30V4
Jan
13
23%
24
31
34
July
•101
32%
33
10
13,100
29%
343A Feb
14% Mar
*22%
7 Va
23%
23%
900
128
30
4
12
29
7
29%
Graham-Paige Motors
Jun
33
114%
*126'A
7 '/a
29%
Goodall-Sanford Inc
(The)
103 %
23%
126%
28%
!
$5 preferred
23
7
29
4
For
*22%
29'A
126%
va
23%
Jan
Jan
23
32%
116%
23
No par
24% Jan
9%
29%
18
23 V,
21%
29
92
32%
116
23%
17%
BIRTHDAY
21%
Jan
Jun
23 Va
WASHINGTON'S
21%
Apr
Feb
20%
21%
Dec
5
*20'A
21%
8%
15 Va
20 va
21 %
28 Va
93%
20 va
21%
preferred-,
Oct
600
STOCK
83
convertible
9%
1,100
20 Vi
21%
Brewing Co
11%
500
104'A
83
30%
33% Mar
126%
21%
Gold & Stock Telegraph Co
7%
29.900
126%
*104 Va
84
Jun
Jan
104
Shares
76%
76
share
21%
32
!
Sales for
the Week
i per
23'A
*82
Jan
9
Feb. 23
2.50
.-No par
16%
Oct
$ per share
Friday
Feb. 24
Thursday
t per share
83
$4.50 preferred
Gleaner Harvester Corp
Glidden Co (The) common
16 Va
Dec
PRICES
Wednesday
24%
37%
15
*101
23%
95 Va
Union Co
300
*82
24
37%
$5 preferred
Gotham Hosiery
101
103'A
*94%
Goodyear Tire & Rub com—_No
'
*22%
No par
8
Dec
33
$5 convertible preference—No par
Brothers common
5
Glmbel
9
9
23%
Otperal Time Corp common-No par
10
3
90
112
126%
7Va
29%
49 Va Feb
7% Jan
129
112
103%
126%
32%
104% Jan
10
129
112
126%
7
116%
20
18
129
126 Va
*125
7
29%
101 % Jan
2% Feb
126%
116%
Aug
13% Feb
900
104%
18
*32%
9
3
13,200
55%
*100
76 va
23%
29'/a
14
24
11%
55 Va
75%
17 %
116%
Jan
Feb
200
11V4
73%
23%
*29'A
84% Feb
1% Jan
SALE
Feb. 22
18%
*32%
pfd
3
12
HIGH
24
*116%
Corp
24
Jan
*125
10c
69% Jan
16% Mar
129
•110 Va
100»A
ll'A
55 Va
100 V2
1,700
141/4 Jan
Feb
20 %
11
•54%
4,100
31.300
Rep
107
104
•100
51,000
>
18 'A
Dec
13
49%
23
17%
*23Va
Telephone Corp
Goodrich Co
47
49 V2
18 Va
17%
24 Va
19
13
*126%
104 Va
17%
72%
43% Jan
126 Va
24
Jun
103% .Tan
126'A
103%
1
4%%
46 Va
48%
23
5
Jun
Sep
126%
230
132
47
48 Va
tper share
104'A
131
132
300
1,100
17%
46%
Feb. 21
75%
28
*17
46%
Tuesday
76%
20
Goebel
132
4
40
73
17'A
49%
100% 100%
11%
11%
54%
55%
129
129
*110'% 111%
t per share
No par
14Va
Jan
•
11%
11%
54%
54%
*128
129
*110
111%
28
3,400
52%
18
133
46%
48%
73
,*27 "a
73%
28
8,500
9
54
\ 133
49%
49%
100% 100%
♦72%i
17
j
17
3%
31
107% Feb
t-
,128%
17
14%
24
Jan
*28
40
35'A
16 V» Jan
Dec
4.300
3%
94 V2 Jan
Dec
7%
14%
38% Feb
10%
7%
34%
4
55
7%
3%
13
23
*72 Va
5,
I
15 va
13
Feb
7%
34%
Jan
31
1,500
7%
2,100
3%
14% Jan
3
16%
11%
164
14%
90
24% Jan
11%
164 Va
16'A
*162 Va
34 va
33% Jan
Dec
11 %
164 Va
16 V*
11%
'
CLOSED
Jan
25%
2,500
EXCHANGE
Dec
Jun
30
48%
105%
106 V4
3%
6
11
106 %
43'A
*104%
34%
10% Feb
26
7,900
16 Va
11%
164%
16
7%
73 %
^
No par
4Va%
106
3,300
15%
25
80
11%
*162%
16
75%
76 Va
•104%
*
700
19% \
19
3%
8 Va Jan
Jan
Apr
49%
26 Va
34%
*73
24% Jan
93%
106 Va
49%
9,800
15%
100
83
28 Va
106 Va
49%
5'A
3%
preferred
10
20% Mar
106%
5%
5%
16 Va
3%%
17%
<
*106%
49%
*104%
3,800
34%
14
25
3%
18%
700
19%
3%
72% Feb
Jan
1% May
5% Feb
xl9%
18%
18%
18%
15%
7
68
18% Jan
Jun
♦26
19%
18%
18'A
*18%
19
34%
*82
Oct
10
26 Va
19%
*18
18%
3%
100
Aug
45%
26
18%
500
18%
15%
Jan
106
27 %
20
18%
: 100
34%
preferred
Mar
104
*26 Va
19%
18%
2,300
36%
15%
4%%
80 Va
Jun
27
19%
7 Va
36 Va
*3%
14
28 Va
Jun
*26 Va
19%
106
200
7 Va
*
34'A
21
Dec
Jun
5 Va
1
Feb
83
July
98%
5%
20 %
24% Feb
21
34
5%
*106% 106%
49%
49%
*104% 106
11%
11%
163 Va 163 Va
16
16 Va
7%
7%
*72%
73 Va
*23
28 %
17
17
133
133
46Va
46%
2,700
10c
Refractories
July
100
5%
5
100
Mar
116
•18%
20'A
Realty & Utilities
22%
Jun
18%
20'A
preferred
99 Va
Jan
18 Va
18%
,
1,500
8
No par
com
24
July
•18
18%
19
20'A
Cement Co
Equip Corp.
Railway Signal
Nov
5%
*103
General Public Service
7%
48
75%
*126'A
General Public Utilities Corp
20%
38
124 Va
x95 Va
18
18Va
18%
18%
No par
Gen Outdoor Advertising
Feb
5%
7 Va
36%
Feb. 20
No par
$3.75 series
May
15%
7%
♦36%
18
18%
7%
18
7 Va
36%
7%
37%
18%
Monday
No par
preferred
Preferred
Dec
3%
133
$ per share
10
7%
8
71/2
36%
*18
LOW AND
common
7'A
7%
7%
•18
Feb. IK
Par
•7V4
7%
8
18%
Saturday
STOCK
YORK
4%
99 Va
100
$ per share
Jan
Jun
preferred
EXCHANGE
123 y,
2 Va
100
convertible
Highest
*97
11% July
1
No par
7%
7%
STOCKS
Year 1949
72%
Corp__—
7%
73%
28'A
17V8
45%
46%
49
49%
*100
100%
11%
12%
*54%
55%
123% 128%
111
HI
No par
13 Va
56'A
Range for Previous
17
132
.-No par
$3.50 preferred
Jun
Jun
Jun
*72%
*28
,
No par
Corp com
44%
51%
7%
No par
100
1st preferred
4%
.
5
19
106% 106%,
48%
49%
*104% 107
11%
11%
*163% 164 Va
*16
16'A
General Cigar Co
x6%
share
19 Va
18%
.
No par
5
1 per
27%
19%
Jan
12
Lowest
27
1
Nov
48 Va
Jan
97
5%
com
7%
8
18 V*
18%
5
50
1.66%
Investors
7%
7%
18%
*7%
?361/2
13V*
18%
18%
19
19
1
convertible preferred
American
.
8
—2
(The)—
106
13 Va Jan
Jun
No par
20
3
Dec
129
7%
18%
7%
37%
18%
18%
;
common—1
3
15
65%
7%
77/8
418%
71/2
*36%
• 18%
1
(Robert)
Jan
Feb
Oct
Inc
preferred
35
9%
152
6%
(The)
103
10%
*99
*102
24 Va '
7%
103
«
*63
-
43%
103
143%
7n
♦63
44
44
145
70
44'A
*
144 Va
146
*63
42
44
80
70
4,900
14%
14%
14 Va
10%
11
10%
11
99%
98%
99
*98%
99'A
150
24%
X22%
23
23%
23%
19,700
7%
*7V4
7 Va
7%
1,600
103
14%
14%
14%
14%
14%
53%
54 Va
54 Va
54%
*54'A
60
60%
60
60 Va
59%
60%
22%
23
23
23%
23 Va
23%
55
*14Vb
•102
7%
105
102
102
400
43.400
20
14%
14%
14%
9,900
54%
54
54 Va
700
60
60 Va
60
23%
23%
23%
14 va
*54
'A
61
9,800
24 Va
6,000
J 4
THE
(858)
COMMERCIAL
NEW
Range Since Jan. 1
Highest
Year 1949
Lowest
Highest
$ per share
FINANCIAL
CHRONICLE
STOCKS
Range for Previous
Lowest
&
$ per
$ per share
LOW
STOCK
YORK
HIGH
Saturday
Monday
Tuesday
Feb.18
Feb. 20
Par
SALE
Feb.21
EXCHANGE
$ per share
share
AND
Monday, February 27, 1950
$ per
$ per share
share
Thursday
$
per
$ per
share
Sales
Friday
Fell1. 24
Feb. 23
Feb. 22
$ per share
,
TRICES
Wednesday
for
the Week
$ per share
share
Shares
H
'
31
Jan
39%
Dec
40% Jan
9
46% Feb
14
Kackensack
16%
Jun
24%
Dec
.22% Jan
13
25 % Jan
30
Halliburton
12
Jan
14%
Dec
14 % Jan
4
15% Jan
12
Hall
11%
,
Jun
12% Feb
16
14 % Jan
12
Dec
13%
72% July
81
Hamilton
Watch
Jan
5
80% Feb
8
14
107% Jan
3
Hanna
23
Feb
6
Harbison-Walk
146
77
Apr
108%
Nov
18%
Nov
23%
Jan
20
Jan
3
Feb
145
-
4%
Jan
5
Feb
1
20%
Jan
25%
Dec
23% Jan
3
27% Jan
12
Jan
7%
NOV
5% Jan
3
7% Feb
10
149
Jan
6%
5%
Jun
71% Feb
(M A)
1
Jan
10
6% Jan
6%
11
3
8% Jan
7
19%
Feb
Dec
21% Feb
9
24% Jan
10
Jan
25%
Dec
25% Jan
3
29
Feb
6
84
Jan
95%
Dec
Feb
3
95
Feb
Co
Jan
37%
Dec
Feb
24
41
Jan
98%
Jan
104% Feb
20
Jun
9%'
Jan
25
105
Oct
93%
37
9
106% Jan
42
43
42%
42%
24%
24%
24%
24%
24%
24%
1,900
15%
14%
15
14%
14%
14%
14%
2,000
13%
*13%
13%
1,000
Jan
32%
Dec
31 % Jan
13
32% Jan
17
34%
Jan
42%
Dec
40% Feb
7
42% Feb
100
13%
Jan
40
Jun
53
Feb
131
122%
Feb
(H
3.65%
Helme
7%
11
8
4%%
51%
Nov
52%
Dec
51% Jan
4%%
'Xl3% Aug
21%
Jan
15% Jan
21%
Jan
74
12% Jan.
6
53% Feb
3
3
22% Feb
18
Feb
20
18 % Jan
7
10
80
Hershey
6
Jan
3%%
Sep
13% Feb
Dec
11% Jan
4
12 % Jan
11
Hilton
Hotels
Dec
14% Jan
4
16
Feb
24
Hinde
&
13% Jan
5
15% Feb
4
14
28% Feb
24
12
Feb
23
14% Jan
5
Hollander
16%
Jun
22%
Jan
18% Feb
21
19% Jan
9
Holly Sugar Corp
28%
Sep
27% Jan
16
x28% Jan
5
47% Jan
11
Homestake
37% Feb
21
Hooker
Feb
50%
Nov
45
34%
Dec
32% Jan
8
13'
Hires Co
Holland
5%
Furnace
(A)
■
116
Dec
109
Jan
13
125% Feb
21
$4.50
2nd
Sep
101%
Dec
101 % Jan
12
104
Jan
19
$4.25
13%
Dec
12% Feb
14
14
Jan
9
3
34
Feb
35%
Nov
Jan
10
Jan
41%
Nov
35
Jan
31
38% Feb
10
Household
99%
Dec
95 % Jan
7
99 % Feb
24
42%
Jun
48% May
46 % Jan
13
48% Jan
23
29%
Feb
12
44% Feb
3
44%
38 % Jan
Oct
12%
Jun
31%
Jun
46%
Jan
x39
Feb
24
44% Jan
9
4%
Jun
11%
Dec
8
Jan
13
10% Feb
24
8%
Jun
17%
Dec
12% Jun
26
15% Jan
5
33%
Jun
47%
Jan
38% Feb
21
42% Feb
2
Feb
14%
Oct
13% Feb
21
15% Jan
12
8% Jan
12
9
8%
Nov
1% May,
10% Jun
16
15% Jan
Oct
17
5
Jan
20
11% Feb
21
2%
Jan
1% Jan
3
2% Feb
Co
Dec
17% Jan
13
20% Feb
23
11%
Jan
com
Highest
$ per share
■
•'
V
54%
31%
Jun
Feb
ya
73
Jun
95
Jun
Dec
35% Feb
8
36%
Dec
34% Jan
25
Dec
92
Feb
15
43%
900
54%
200
53%
53 %
53%
53 %
53%
300
22%
21%
22
21%
21%
21%
21%
8,400
14%
14
14 %
14
14%
13%
14
0,700
75
74
74
*73
53%
*53
*72
74
*71
11%
11%
11%
11%
11%
11%
15%
15%
15%
15%
15%
*15%
*14%
14%
14%
14%
28
28
27%
28 %
12%
12%
12 %
12%
*71
73
11%
*15%
11%
16
16
14%
14%
14%
14%
28 %
28%
28%
12%
12
12
/':■-•
600
15
*14%
28%
28%
*11%
400
12%
k/v
2,000
600
18%
18%
18%
18%
*18%
18%
*18%
18%
28%
28 "4
28:%
28%
28%
28%
28%
700
46%
45%
46'/a
45%
45%
45%
45%
451 4
45%
3.200
37
37
37%
37%
37%
37%
*36%
37%
37
37%
2,900
5
-
*123
126
*121
126
-122
*103
104
*103
104
104
No par
_
12%
33
50
:
12%
12%
33
*32 %
12%
125 %
*122
124
123
*103'%
104
104
104
*12%
12%
32 %
32 %
*32%
38
33
12%
38%
37%
99%
*9R%
t
33
37%.
99 %
99'/a
20
47%
48
47%
47%
3,o00
42%
42 %
42%
42
43%
3,500
*15%
99%
*98%
*47%
48
*47%
47%
47%
48
25
42 %
42
42
_1
*15%
.
_
—
*15%
16%
*15%
16%
41
41
5
42
42%
40%
40%
40 %
40%
40
9
8%
9%
9%
9
,
14%
1
16%
13%
14
14
39%
39%
39%
39 %
Hudson Motor Car_______
14
14%
13%
14
10%
10%
10%
11%
12.50
6.66%
—
U,
2%
2%
2%
18%
.No par
Refrigerator Co
18%
18%
9
16 %
39%
2,500
10%
11,400
15 %
15%
*14%
15 %
600
38%
39 %
39
39
38%
39%
2,300
13%
13%
13%
13%
13 3
13%
9.000
11%
11%
2%
10%
17.500
2%
19
2%
2%
2 %
2%
10,900
20 %
20%
20%
20%
2,700
AND
10%
HIGH
SALE
Wednesday
Feb.21
Feb. 22
$ per share
10%
10%
PRICES
Tuesday
Feb. 30
i
4
19%
2%
19
share
*15%
x39
14%
Monday
$ per
16%
40%
10%
Feb. 18
$ per share
700
10%
Saturdav
Par
%
500
%
LOW
STOCK
EXCHANGE
3,700
37%
*98%
c.
33
740
410
13%
33
99%
No par
v
13
33
38
38
13 %
99%
*37%
*98%
38
700
123'%
104
100
37% Jan
5
39
Jan
20
98
Jan
Idaho
3
Power Co
6%
non-cum
Leased
Co
"36%
common.lOo
37
pfd ser A__100
conv
lines
20
_
Central' RR
Illinois
*91
Jan
94 % Jan
17
97
Jan
20
Jun
34%
Dec
34
Jan
25
37% Jan
20
Jan
37%
Nov
36% Jan
13
39% Feb
9
51'%
Jun
55%
Nov
55
Jan
13
56% Jan
4
7%
Sep
10%
Jan
8% Feb
1
9% Jan
21%
Jan
29%
Dec
28% Jan
3
31% Feb
10
Indianapolis Power & Light--No par
Jun
8%
Jan
7
Jan
4
Jan
19
Industria
33'A Mar
53 %
Dec
45
Feb
7
51% Jan
5
Industrial
Rayon..———.
_1
55
72%
Oct
66% Feb
20
71
Feb
2
Ingersoll-Rand common—.—
170
Jan
19
Jun
1,400
28%
25%
4
10
11%
16
28%
*12
73
11%
18%
20
96
210
43%
'
$ per share
Friday
Sales
Feb. 24
the Week
Thursday
Feb. 23
$ per
share
$ per
ioi
Shares
share
-
36%
100
.3,200
*53%
"
t
.'.-I-
22
700
.
51%
127
29
$ per share
$per#1iare
43%
54%
17%
51 %
*126
14 %
common. .No par
YORK
17%
1
127
21%
13%
NEW
80
14'%
preferred— —.100
Hudson Bay Min & Sin Ltd. -No par
Range Since Jan. 1
*
Highest
900
42%
22%
non-cum
Lowest
42%
54 %
No par
Corp
Hunt Foods Inc
31%
54%
STOCKS
Year 194!)
I per share
*53
10
31%
*42
51%
43
*53%
2,900
104%
-
17%
50%
*126
10
37
37
14%
*8%
Hussman
*17
127
43
43%
54
common—100
5%
17%
52
.
96
*104%
42%
*126
No pax-
Co
Range for Previous
Lowest
54
*94 %
96
*18%
com
..
Manhattan
&
*42%
53%
500
1,000
46%
Texas
of
Sound
Hudson
17%
7,000
23
28
31%
*42
7%
23
28
*28%
preferred
Howard Stores
Howe
42 %
7%
7%
23
27%
31%
32
51%
2,200
21
..
Finance
Oil
17%
52
126%
10 %
10
preferred
Houston Light & Power.
Houston
126
10
-30
.
_
pfd series A
conv
_
60
10 %
*54
20
18%
$2.25
—
72%
37%
1
3%%
31% Jan
51%
127
43%
53%
.5
....
Houdaille-Hershey
86% Jan
17%
17%
52
*43
„—5
preferred
Jun
30
17%
52
*126%
....
_
Electrochemical
Jun
1,200
7
*71
104%
5
_
Co
9%
25
*6%
37%
10
.
Co
& Sons..
94%
28%
*41%
100
A—
.
Mining..
149
> 25
■
7
*1041%
104%
31%
42%
1
preferred
conv
600
*146
•
25%
90
40
22%
22%
-5
.—
.
Paper
(Charles E)
25% Jan
78%
106%
50
_
_
series
Corp
Oct
100
31%
*41%
A— ——50
_
Dauch
Sep
,
*31
42%
No par
com.
preferred
Dec
Apr
31%
42
*94%
38
38.
*104%
31%
100
Inc.
15%
x24
104%
preferred series B
15%
/
37%
104%
10
Heydcn Chemical Corp
29%
Jan
*36%
96
'
Jun
24% Mar
38%
104Vo
*94%
25
,
Jun
34%
*37
*104
preferred—
Chocolate
12%
96
100
common
Hewitt-Robins
7%
7%
.25
_
preferred series
15%
!.
*94%
common
8%
20
95
95
_No par
Feb
84%
27%
common.. .No par
56
Dec
7%
*22%
27%
Motors
46% Jan
Jun
7%
22%
27%
Powder
18
8% May
7%
22%
Hercules
25
77
7%
22%
27%
Hercules
53% Feb
9%
9%
22%
9
40% Jan
*9%
27%
11
Dec
9%
28
24
Dec
9%
9%
23
Feb
45
f
500
.
72%
*71
71 %
71
7%
Jan
53%
71
*27%
53
Nov
71
71
*22%
100
preferred
*6%
—5
127
5%
*77%
*105
149
25%
•
7
*13%
-
22%
*146
BIRTHDAY
25%
*6%
78%
106 %
*22
WASHINGTON'S
149
25%
7
%
—2
_
6
18
*146
25%
78
105
CLOSED
22%
22%
149
*146
EXCHANGE
15
——
_
23
Jan
26% Mar
11%
*6%
9%
_
25
125
Sep
25%
7
1
Ja.i
16
Dec
26
*70%
49% Jan
17% Aug
Jun
W)
149
*6%
100
.
Co
22%
13% %
13
STOCK
79%
106
106
%
'
Co
preferred
(G
52
14%
J)
*145
1
13%
*78%
105
22%
22%
43%
79 %
79%
105
*25
-
10
.
Corp
Glass
non-cum
.
.
common
preferred
Heinz
18
*22
13%
80
106
com. .No par
Inc
common..
3%%
80
■/ *105
.
Mfg
13%
*13
100
par
pfd- -No
Marx
&
Hayes
Hazel-Atlas
5
_
.
preferred
Schaffner
Hecht Co
_
__
com—_
Refrac
Industries
6
23%
'•
43%
24%
15%
$4.25
Co
Hayes
18
30
>
44%
24%
15
Corp of America
4%%
preferred
21
9% Feb
Dec
10%
5
64% Jan
Oct
68%
20 %
•
*43%
24%
15
Hat
May
61
;
44%
24%
preferred
conv
Hare
4%
*43%
——
Well
Printing Co.
F)
104% Feb
Jan
104 %
142
(W
25
Cementing—5
iii
Water
Oil
9
0
4
4%
36%
37
37
37%
*91
94
36%
37 %
94
36'%
37 %
*91
37
37
37%
36%
37
36%
93
*91
37%
94
36%
1,000
36%
37%
7,000
*91
94
„100
*99%
__1000
*35 %
36%
35%
35%
35%
35%
EXCHANGE
35 %
35%
Illinois Power Co common—No par
38%
38 %
38%
38%
38
38 %
CLOSED
38 %
39%
39 3
a
39 %
*55%
55%
*55%
55%
*55 %
55%
*55%
55%
stock
RR
4.70 %
ctfs
__
series
A
p referred
Illinois
—50
_
Terminal
RR
Electrica
__5
Co
De
S
Mex,
101
*8%
9%
31%
A—
*99%
31%
*7%
9 %
31
*7%
8
101
*99%
*55%
STOCK
101
55%
9%
8%
9%
31%
30%
31%
7%
7'%
8
*99 %
*99%
101
101
37
*36
8%
"
8%
2,400
31%
5,600
8%
BIRTHDAY
220
5,800
87a
31%
31%
31
7%
*7
46'%
46
46%
68
67
68
*7
8
200
•
47
47
47
47
47
47
46
No par
*67
68
66'%
67%
68
68
68
%
1,400
900
155
Jan
Apr
163
Jan
6
—100
*169
171%
171%
*167
171%
*167
171 %
*167
171'%
30
May
41%
Jan
38
Jan
26
9
..No par
38
38 %
38 %
38%
38
28 %
38
38%
38
387»
5.000
Jun
18%
Jan
13% Jan
3
15
Jan
12
20
14%
14%
14%
14%
14%
14%
14'%
14%
14 %
14%
6,400
Jan
10%
Dec
10% Jan
27
11
Jan
5
1
10%
10%
*10%
10%
10%
10%
10%
10%
*10%
Apr
18%
Dec
16% Jan
16
20
Feb
18
—.5
19%
20
20
19%
19%
19 %
19%
—.100
*94%
*94%
95 %
*94%
95%
11%
8
12%
165
40% Jan
6%
preferred
Insuranshares
Ctfs
Interchemical
Corp
Inc
common
167
19%
"
86%
Jan
1
Jun
9%
Jun
xl457a
Jan
22%
95%
92% Jan
2%
1% Jan
Jan
13%
Jan
234
Dec
31
25
12% Jan
Dec
13
212
Jan
95% Jan
10
2 % Jan
11
4%%
preferred
Intercontinental
14% Feb
9
Interlake
Feb
3
Int'l
Business
Int'l
Jun
29%
Dec
26% Jan
164 y2
Jan
180%
Dec
177% Feb
14
181
Jan
16
5%
Feb
10
Dec
9% Jan
12
11
Feb
18
24
Jun
34%
Oct
32
Jan
28
36
Feb
4
73%
Jan
84
Jan
4
88
Feb
24
.6
29 % Jan
13
Rubber-.
Harvester
235
4
6
7%
.
Iron
Minerals
Oct
Jan
4
7% Jan
14
4%
preferred—'
International Mining
Jan
x27 % Feb
16
29% Jan
20
Int'l
Feb
130% Feb
24
134% Jan
16
Preferred
37% Feb
10
International
106% Jan
10
143
37%
Dec
103%
Nov
7%
414 Nov
33% Jan 25
104
Feb
1
Feb
5% Feb
14
43
Nov
71
Feb
49% Jan
3
50
Jun
61
Feb
55 % Feb
14
57 % Jan
9
41
Jan
46%
Oct
40% Feb
7
46% Jan
28
38 %
Jun
30% Aug
7%
14
Jun
\
6% Jan
12
Feb
24
59
57%
Jan
49% Jan
3
54% Feb
4
34
Jan
33
Jan
13
35 % Feb
17
11%
9% Jan
Apr
13% Jan
3'
14
July
20
Dec
17% Feb
17
20% Jan
9
Feb
23
Aug
20% Jan
4
23 % Feb
16
24
Jan
34
Nov
29% Jan
30
34% Feb
9
24
Jun
32
Jan
Jan
5
29% Feb
20
136% Aug
148
Feb
Feb
9 '•
Jan
3
7% Jan
18 'A
27%
139
141
$4
5%
*86
89%
1,900
27%
28 %
28%
28%
177%
178%
178%
370
10'%
10%
10%
10%
31,700
35%
34%
34%
34%
34%
3,300
88
88
*86
89
89
*86
6%
6%
6%
t%
27%
27"%
27%
23
27%
27%
27%
.100
*131%
132%
131 %
132
*131%
Paper Co com
7.50
36%
No par
•.
*105%
of Cent Amer com.-No
6%
7
37
6%
36%
36%
105 %
105%
105%
36%
105
132
131'%
131%
37
x36
36%
105
*104
104%
5%
5%
*5%
5%
5%
5%
5%
5%
100
55%
55%
55 %
56%
55%
56 %
55%
56'%
No par
*55%
57%
...No par
*42%
43
1
Salt—
International Shoe
Silver
*55
42%
57 %
*55%
57
43
*42%
43 %
900
52
300
400
*51
52%
36
*35
36
Inter type
Island
Corp
Creek
17%
No par
Coal
50c
common.
$6 preferred
—1
33
29%
*137
870
200
36
52%
*35
12%
2,600
52
*51
*22%
400
6%
59
*35
52
35 %
5
5%
58
57
52
No pax-
13,900
42%
35%
Corp.
240
36%
104
57
35'%
Stores-.
130%
36%
104
42%
51%
Utilities
130 %
57%
51%
Dept
1,100
19,800
42%
35%
Interstate
67a
28 %
42%
common.——25
International
100
*6%
*55%
preferred—..
—25
International Telep & Teleg—No par
7%
24,400
27%
6%
28
par
preferred—
International
89
5,300
1
——
International
*86
14%
223'%
com—No par
Corp
Canada
preferred
Int'l Rys
100
14
222
1%
177%
35
Dec
700
14%
223%
1 %
10%
35%
35
1%
14 %
223%
14%
225
28%
3514
com-—5
•
178%
10%
178
1%
600
5,300
95 Va
28
10%
11
35%
1%
*94%
19 %
178
10%
6%
Jan
28%
14
177%
86%
Dec
28
*1%
224%
177%
31%
Dec
23%
1%
14%
226
10%
Chemical
&
of
I3,4
14%
226
177%
Feb
Nickel
28
1%
14%
226
95%
100
Jun
94
No par
1%
14%
226
*94%
Sys class A--25
3%
33%
No par
common.
25%
133
No par
preferred
Int'l Hydro-Electric
Int'
_No par
j
Machines
95%
19
11
13%
12%
12%
12%
12%
12%
17%
17%
18
18%
18%
18 %
18%
18'/4
18%
23
23
23
22%
22%
22%
22%
22%
22'%
33%
32%
33%
32%
33 %
*33
33 %
33
34
1,900
29%
29%
29%
29%
29%
29
29%
28%
28%
1,400
139
>137
12%
139
12%
*136
12%
138
*136
*136
138
43,100
1
3,000
900
138
J
2%
Jun
11%
Jun
18%
Jan
14% Jan
5
81
Jan
94
Dec
92% Jan
25
44
Jan
59%
Oct
56 % Jan
3
95%
Jan
105%
Dec
Jan
3
50%
Dec
30%
101
Jun
Jun
29%
Jun
7%
130
Dec
Dec
54%
8 % Feb
104
14
4514 Feb
9
121
Feb
9
48
Jan
*
11
Jacobs
(F
Feb
23
Jaeger
Machine
94% Feb
24
Jersey Cent Pwr & Lt 4%
67
Feb
24
Jewel Tea
107
Feb
23
49% Jan
3
Jan
7
17
132
3%%
L)
Co
6%
6%
16 %
16-%
16%
*16%
17
16%
17
pfd—100
*93
94
93%
93%
94
94
*93%
94
94'%
94%
common...No par
65
65
65%
66%
66%
66%
66
66%
67
67
106%
107%
*106%
107%
107
__l
Co
Inc
No-par
preferred—^.100
Johns Manville
3%%
!
Co
Corp com—.No par
preferred
—
_L.„_____..TOO
3
56
Feb
6
102
Feb
Dec
108% Feb
2
109
Jan
20
21
Jun
33%
Jan
27% Jan
13
31
Feb
1
73
Jun
86
Jan
81% Jan
13
86
Feb
6
30%
Dec
40% Mar
30% Jan
13
34% Jan
30
Joy Manufacturing Co.
8%
Jun
12%
9% Feb
17
11% Jan
10
Kalamazoo
109
Dec
Johnson
&
Johnson
common...12%
4% 2nd preferred series A——100
Jones & Laughlin Steel com
No par
5% preferred series A.:
100
1
6%
15%
*106%
46%
124%
55%
*109
30%
*84%
33%
6%
6%
'
107%
46:%
46%
124%
47
125%
1251/4
56
55
110
109
55V4
109
46%
124
54%
*109
307a
30%
30%
30%
85
84 %
841/4
*84%
33%
33%
33%
33%
10%
<10%
6%
6'%
x46
46%
124%
,
55
*109
%
V
107
H23,%
54%
109
67a
46%
124
55
109%
6%
*17
67a
17%
220
50
46%
46%
18,400
rl23'%
124%
4,400
54%
*109
55
109'%
30%
30%
30%
30'%'
85
85
85
84'%
85
33%
327a .33%
x32%
600
1,400
107%
*107
30*
33%
2,700
1,100
100
7,400
120
3,500
K
Jan
Kansas
94%
100%
Jan
Feb
102
Aug
105%
Nov
98% Jan
25
99% Jan 26
31
4%
24
Kansas
Feb
16
4%
3
18% Feb
20
26
13% Jan
9
Kayser
20% Jan 13
16% Jan 30
21% Jan
9
Kelsey Hayes Wheel
18% Jan
9
Dec
46% Jan
12
Dec
59% Jan 26
64
14% July
10% Jun
17%
Nov
16V8 Jan
14%
Jan
12% Jan
17%
Jun
23%
Dec
xl3%
Jun
19%
Dec
For
footnotes
see
page
20.
100
preferred
51% Feb
9
49 ■%
62%
52
10%
10%
10%
10%
10%
10%
9%
10
*99'%
101
1,900
City Power & Lt Co—
106% Jan
104% Jan
Feb
Jan
x34%
3.80%
Stove & Furniture——10
cum
preferred
City
100
_
*99%
*105
*99'%
101
107
,
*105
101
107
par
49 %
497a
49%
51'%
preferred-
100
*62'%
64%
63'%
63%
Kansas Power & Light Co c<
.8.75
18%
18%
1818
187a
5
12%
1234
12%
A—1
*21%
Southern
non-cum
(Julius)
Class B
&
com
Co
conv
cl
)
17 %
22
17'/a
*21%
17%
*99'%
*105
50%
101
107
,
*99'%
*105
101
107
*105
107
51
50%
517'/4
66
64
64
64%
400
18%
18%
18%
18%
18'%
18%
6,900
12%
12'%
12'%
12%
12%
12%
12%
1,100
23
21%
21%
21 %
21%
217a
217a
500
17%
17
17
17
17'A
17%
17%
5,800
*64
50'%
*63
51'%
7,300
Volume
THE
Number 4885
171
COMMERCIAL
NEW
Range Since Jan. 1
'Highest
Year 11149
$ per share
$ per
Par
Jun
39
Jun
48%
Nov
45% Jan
12
47% Feb
8
11%
Feb
16%
Nov
15% Jan
3
19% Feb
18
Keystone Steel & Wire Co—No par
17'A
90
Jun
25 %
Dec
24
Jan .13
28% Feb
24
Jun
107%
Dec
106
116% Feb
23
Jun
16'A
Dec
Jan
15% Jan
4
10 %
18
16% Feb
8
Mar
72%
Dec
69% Jan
14
71% Feb
6
62
/
Jan
30
Kennecott
Kern
Jun
31%
Jan
Feb
2
90%
Aug
98
Jan
93% Jan
9
95% Jan
30
Feb
43
Dec
40% Jan
27
42% Jan
6
Kresge
Jan
5
Kress
Feb
24
7% Jan
3
31
13
48%
Feb
62%
Dec
55
Feb
20
62
43
Jan
60%
Dec
59% Jan
16
62
8
Oct
6% Feb
15
6
No par
Feb. *1
Koppers Co Inc
47o preferred
S S)
(
(S
H)
54'A
54 7
share
Sales for
the Week
$ per share
Shares
53%
54%
14,600
46
46%
1,800
19
3,600
28%
3,500
53%
54%
46
46%
19
19'A
28%
28%
116%
116%
CLOSED
*16'%
16%
*16'%
16%
70%
70%
*70
71
29%
e
47
47
47
46%
46%
19%
19%
19%
19'A
19%
28%
28%
28%
28%
28-4
113%
113%
114%
114%
16%
*16
16%
*16'%
70%
*70
70%
*70
'
1
STOCK
16%
*70
'
.
118
*16
70%
,
xl
8%
28'%
117
*114
80
100
,
29%
29%
29%
29%
29%
29%
29%
29%
29%
94%
94%
95
95
94'A
94'A
94
95'A
94'A
95'A
41
41%
41%
41'A
41'A
41'A
41%
41%
41%
42
3,400
56%
55
56
55'%
55'%
56
56%
56%
57%
l,b00
61
60%
61
60%
60%
60'A
61
61%
62
1,800
__10
No par
& Co
Friday
Feb. 23
$ per share
EXCHANGE
54%
28%
100-
—..
$ per
share
54
*114
15
Feb. 24
Thursday
Feb. 22
19 %
10.
common..
Co
$ per
$ per share
Wednesday
54%
*46%
.
No par
(The)__j,
Kroger Co
54
5
$5 prior preferred
25%
28% Jan
Copper
County Land Co
x35%
'
Tuesday
Feb. 29
$ per share
Kimberly-Clarke Corp com___No par
4% conv 2nd preferred
—100
Kinney (G R) Co common
1
55
50% Jan'v 3
Jan
56%
Monday
Feb. 18
$ per share
share
(859)
HIGH SALE PRICES
Saturday
40
<•
CHRONICLE
LOW AND
STOCK
Y'ORK
EXCHANGE
Lowest
Highest
$ per share
FINANCIAL
STOCKS
Range for Previous
Lowest
&
56
——No par?
*60'A
WASHINGTON'S
BIRTHDAY
3,800
360
L:
4%
Jan
Laclede
Gas
Light .Co
Consolid 6% pfd
3%
Jun
Jan
3% Feb
11
4% Jan
12
17%
Jan
22%
Dec
21% Feb
24
22% Feb
6
Lambert
9%
Jun
117/a
Dec
10% Feb
16
12'A Jan
9
47% Jan
25
4
Lane Bryant common
43
Jan
La
Co
Oct
46
Jan
25
19%
Jun
26%
Jan
22% Jan
19
26 >/e Feb
16
Lane-Wells
37
Jan
45%
Dec
40% Jan
25
47'A Feb
24
Lee
16%
Jun
22%
Jan
20
Jan
3
23% Jan
9
90%
Jan
98
May
94
Jan
24
Feb
24
6%
Jun
11%
Jan
7% Jan
3
8% Jan
10
33%
Jun
49%
Dec
44% Jan
27
50% Jan
7
47
3%
Jun
5%
Jan
1%
Jun
3
Jan
15
1% Jan
24%
Jan
Jun
4'%
8%
Jan
56%
Dec
54
Dec
X41%
Jun
8%
Feb
11%
3
4% Jan
Jun
98
5% Jan
2% Jan
3
1
Tire
5
3.85% cumulative preferred
Lehigh Coal & Navigation Co
Lehigh
Portland
11
Lehigh Valley
24
24 Va Jan
9
27
65 % Jan
11
6%
Jun
8% Mar
7'A Jan
3
8 Va Jan
6
34 %
Jun
37% July
35% Feb
8
37 Va Jan
18
72%
Apr
91%
27
89% Jan
3
Oct
83
Jan
(The)
46
6%
600
22%
22%
22%
3,900
63'%
62%
62%
6,200
7%
7%
7%
3,600
5
*35%
36%
*35%
36
35%
36
36
36
36
36'%
Liggett & Myers Tobacco com__—25
.7%
preferred
100
*85'A
85%
85'A
86
85%
85%
85%
8 6'A
85%
86
McNeill
Libby
&
Libby__
7
Life Savers Corf)-—
Oil
-
*184%
__—
Tulip
Lily
33%
Oct
28% Feb
24
31% Jan
7
Lion
Jun
17%
Dec
17% Jan
3
21.% Jan
9
78
Jan
13
79
Jan
31
13
29
Feb
24
3
18 Va Jan
6
Loew's Inc—.
No
Co
*50%
51.%
9%
'_
,__No par
Co
Star
Corp——1
9
Lone
15%
Jun
25%
Oct
22% Jan
6
24'% Feb
6
Long Bell Lumber
19%
Jan
27%
Dec
25 % Jan
27
27% Feb
24
172%
Dec
170% Feb
7
Lorillard
19
Cement
<P)
A
preferred—
7%
Dec
30% Jan
11
34% Feb
21
34% Jan
3
40'% Jan
24
Louisville
25%
Sep
23% Feb
28
17
27% Jan
97% Feb
17
99% Jan
5
23
20% Jan
18
&
Lowenstein
4
%%
(Mi
Steel
$ per share
$ per
share
& Sons Inc
31'%
Apr
42
Dec
3
41% Feb
2
Jan
139
Oct
136
Jan
23
138'% Jan
18
Jan
17
32% Jan
9
12
Feb
38% Jan
24
9'%
Jun
15%
Jan
*11% Feb
Jun
33%
Jan
31'A Feb
1
Jan
104'A
13'A Jan
16
27%
17'%
17%
17%
17%
78%
78%
78%
78%
78'%
78%
78%
78%
79
23%
24%
24'A
24'A
*23%
23%
23%
24
24
24
27%
27%
27%
27%
27'A
27%
27%
27%
27%
27%
*171
173
172
■171
24%
25
24%
24'%
98
*97%
98
98
98
19%
*18'A
18%
18'A
18'A
LOW AND
YORK (STOCK
'
14
24
M
M Wood
&
MacAndrews
xl03
Dec
530
Feb
105
Trucks
1
^
Inc
12%
3"
20
Feb
11
550
Jan
16
9
Jan
7
14
9% Jan
11
Jan
18
19 % Feb
23
Manhattan
8% Jan
11
Maracaibo
Feb
16
Marathon Corp
15'A
Jun
18%
Dec
6'A
Feb
10%
Apr
7
Feb
14
17'A
Jun
25
Dec
25
Jan
3
6%
Jan
18
Dec
8% Jan
28
3
16 'A Mar
18%
Oct
18 % Jan
Apr
24%
Dec
23% Jan
Jan
104
Dec
102 % Jan
3
9% Jan
Manati
Sugar
Shirt
13
-
12% Feb
24
11'A Feb
6
13% Jan
11
56
Jan
13
63% Feb
3
Masonite
11'A
Jun
19%
Jan
14% Feb
21
16% Jan
9
Master
48
Dec
47% Jan
13
54
Feb
1
Aug
3
46'A Jan
30
50
Feb
9
98'A Jan
18
100
Jan
12
$3.75
178
Jan
18
7%
May
19
540
*520
*520
540
87
Jan
10
90
Feb
18
$3.40
12'A
Dec
11% Jan
3
14% Feb
21
Maytag
Dec
42'A Jan
13
47
Feb
21
112
10%
15%
16
17%
17%
*520
540
Xl7%
*8%
*520
*18%
8
*7%
8
8%
*8%
8%
*8%
9
19 %
*18'A
19
19'/a
*18%
19
19
7%
.
9%
9%
9%
9%
19
18%
18%
18%
19
1,190
26 Va
26'/8
26%
26 %
27
4,600
104%
104%
104%
*104%
104%
104%
104%
104 3A
1
11'A
—No par
12'A
12%
12%
12%
12>4
123%
12%
12%
12
58
58
58'A
59
59
59
59%
59%
59
14%
15
14 J
8
14%
14%
14%
14%
14%
51%
*176%
52
51%
52%
51%
52%
52%
52%
179
*176 %
5
.
5— ———1
Corp...No par
>'
..100
.■
—„
11%
104%
11%
11
179
11
*176%
11'A
107%
179
*176%
11%
179
11%
1,500
15%
2,900
52%
52%
2,700
*176%
48%
47%
47%
47%
47%
47%
48%
99
99
99
99%
99'A
98%
99
1947 series..No par
*98%
99%
98%
98%
98%
93%
*98%
99%
98 %
99%
14%
*46%
—No par
McCrory
preference
90
90
No par
*89
91
*89
91
21%
*35%
No par
14%
14%
6,600
47
47
47
1.400
112
*110
14%
47%
46%
46%
46%
47
47
111
*110
112%
18
43% Jan
27
48
Jan
17
111
A
ft
*88%
Feb
34
Apr
30 % Jan
14
35
Feb
24
McGraw-Hill
41%
Jan
60%
Nov
58
Jan
30'A
Jan
Feb
19%
xl3
23
13
Dec
23% Jan
23 1
13% Jan
3
14% Jan
82
25
Jun
17% Mar
42% Feb
3
10
9
McLellan-Stores
Jan
9
12'% July
17%
Jan
3
17% Feb
18
70 Va
May
93%
Nov
Jan
5
91
Jan
24
Jun
3 4'A
Oct
32% Jan
6
36% Feb
23
20%
Jan
27
Dec
25
Feb
10
27'% Jan
9
7%
Jun
13%
Jan
11
Jan
3
12% Jan
12
34%
Jun
49
Jan
42
Jan
13
44
Jan
12
12%
Jun
15'A July
8% Jan
14 Va Jan
16
15
7% Feb
7
43%
Dec
39% Jan
99
Dec
96% Jan
7'% Mar
27
Apr
90
Jan
105% May
18
July
30%
Jun
'»
130%
Dec
120
!3,f
30'
Merck & Co
Jan
18
Jan
17
25
25% Feb
1
37% Feb
18
40
Jan
9
20
129% Feb
3
97%
Jan
104%
Dec
101% Feb
21
105% Jan
Oct
110'A
Feb
108
Feb
23
109'A Jan
9
8%
Jun
14%
Jan
13
Jan
3
14% Feb
21
37%
Jun
48
Oct
38% Feb
23
Jan
9
14'A
Jun
19% Feb
18
18%
Jun
7 Va
Jun
Feb
43%
Dec
Dec
17% Jan
3
28'A Jan
13
131
Jan
5
43
31% Feb
6
Feb
10
139
*32%
33'A
33'A
35
1,200
54'A
1.000
55
54'%
42
41'%
1
101
*100%
54%
41%
102
54
41'/a
*100%
bJ J/a
54
41%
*41'%
102
*100%
24%
24%
24%
24%
*24
25
14%
14'A
14 Va
14%
*14
14%
b4
41%
102
*53%
41%
41%
*100'%
101%
800
100
16%
24
300
14%
*14
24
14'%
14%
400
17%
2,100
17'A
17
17
17
*89
90
*89
90
*89
90
90
*89
90
36%
*25%
36%
*36%
37%
*36%
37%
36%
36%
*35'A
36%
200
25%
25%
25%
25'A
25%
25%
25%
25'/a
25%
3,000
12
ll%
12
11%
11
11%'
11%
11%
11%
2,800
43%
*42'/a
43%
17%
11%
17%
43%
*42
*42
43'%
17'A
*42
17'A
*89
%
43%
*42
14%
14%
14%
14%
7%
7%
7%
*7%
43'A
42%
42%
97%
97%
97%
*96'%
128%
128'%
—50c
43
43
42%
No par
*96
98
.*96%
43
97%
43
*96%
*127
1.4%
8
14%
*7%
43
14%
1,500
8
400
43
2.600
99
200
No par
No par
*127%
*23%
128'%
24%
24
24
23%
24%
23%
24
24%
24%
1,500
5
37%
37%
37%
38'A
38
3 8'A
38%
38%
38'A
38%
1,600
*102%
103%
102'%
102'%
*108%
110
108%
108'%
13%
14
14
14%
14'A
14%
39%
39%
39%
39%
39'/a
39%
Co
3.90%
pfd.100
lbo
__5
Petroleum
Utilities
Prod
100
900
24%
7%
common—
600
-'■>
.10
Inc.—No par
19%
*30%
5
common
1st preferred
2—100
138
'
19%
30%
138
*128
19%
30%
129
19%
30%
*137
139
127%
101%
*108
19%
31'A
138
129
102'%
109
19%
31'A
103
103%
108
108
103'%
128'%
104
350
310
*107'%
108'%
30
'A
14%
14%
14%
3,400
38%
39%
38 3A
39%
3,100
19%
21,100
*14
19%
31%
19%
31%
19%
31%
31%
138
*136%
138
136%
136%
60
1,000
14% Jan
17
Minneap & St Louis Ry
No par
13%
13
13
12%
13
12%
13
12%
12%
12
13
1.300
Jan
10'A Jan
13
11% Feb
21
Minn
No par
11'A
11%
11%
11%
11%
11%
11%
11%
11%
63 %
11'/a
7,800
Minn-Honeywell
74
4.400
Nov
61
Jan
4
Feb
24
Nov
99
Jan
10
103% Feb
10
Dec
96% Feb
15
101
Jan
10
Dec
106% Feb
2
108'% Jan
5
24
108
10 Va
Jun
14%
Jan
12% Feb
67'%
Jun
80
Feb
76
16'A
Jun
22'A
For
Steel
32%
14%
Edison
South
32'A
36
103'A
3
101
Jan
8%
33%
7%
preferred series
Mid-Continent
Middle
*32'A
14%
Copper
Midland
33
*7%
Machine
4.35%
47%
*35%
*102
14%
Inc
Metropolitan
47%
36
3%
Inc
$4 conv 2nd preferred
Merritt-Chapman & Scott
Miami
47%
Transp Co____No par
$3.50 preferred
Mesta
103'A
47'%
*23%
,
(1st series)-—50
Stores Co
Min
&
35%
103'A
47%
35%
*102
11'A Jan
101
104
Mercantile
35%
103'A
36'/a
103'A
Jan
Jun
66 'A
1
100
2,000
12%
Mar
87
.
convertible 1st preferred—..50
3
x20% Jan
34
5%
43% Feb
Jan
Co.,
22%
47'A
101
Corp
—1
(The) common—
1
Co
Mei'ch
Dec
18%
Mengel
3
23%
No par
Melville Shoe
11
98
;
2nd preferred
Jan
40
139% Mar
4%
7% Jan
105%
124'% July
10% Aug
preferred
112
48
36
103 'A
*41%
McQuay Norris Mfg Co__
10
Mead
Corp common
No par
4 % % preferred (1st series)
100
16
$4
ft
22'A
*47'%
55
5
Inc com—18
26'% Jan
28%
*
McKesson & Robbins
17
22%
48
36
103'A
*102
par
Jan
101
22%
23
20
*32
3%%
Publishing—No
Mclntyie Porcupine Mines—
22%
90
*47%
Stores Corp common
1
convertible preferred—_100
McGraw Electric Co—
1
1
24
23
240
14%
14
21%
370
14%
14%
22
3,000
89
14'A
*111
*
88%
14%
112
112
_No par
Corp
20
25
179
47%
pfd——No par
1,800
14%
98%
36% Feb
38% Jan
21,500
48%
103% Jan
53 % Feb
12'%
12
59%
99
48
5
5
99% Jan
2,320
*98%
—
_
26
Dec
/
'
104%
_No par
common
•___
cum
9%
18%
Co
preferred
1st
9'A
26%
common
$6
*
—1100
cumulative
$3
9%
9%
19
Jan
Dec
300
26
Dec
41'A
700
18%
45'A
102%
8
25%
Jun
'
540
*7%
*8%
19
Jan
92'A May
200
22,800
25%
29%
101
300
1,600
19
100
90
Dec
18%
9
/
100
105
10%
16
8
8
8
8%
19
8%
_5
pld
No par
Stores
Dec
33% Jan
7%
*103%
10%
15%
25%
Co
88
Dec
540
*520
.
BIRTHDAY
104%
*10%
com—No par
prior
Co
L)
Jun
36%
17%
104%
15,400
Feb
McCall
17%
;
9%
$3.75 cum pfd
11
18
*8%
Corp..;
6%
&
30
20
17'%
'
1,400
preferred
Jan
18
CLOSED
WASHINGTON'S
4,800
preferred
24% Jan
17%
10%
8,300
2,600
7%
Jan
3
16
12%
31%
277/a
100
16
15%
*10%
12 V*
31%
7'A
4
Jan
104
10%
16
12%
31%
27%
97'A Jan
21% Feb
104
10%
16
uo
12%
31%
7%
Chemical
Co
105
10%
16
STOCK
EXCHANGE
27%
Dec
111
105
16
,
7%
98
Sep
12%
32
27%
Jan
Jan
12%
31%
7%
Corp..
Dept
12%
31%
40%
137 V.
27%
Electric
Dec
*800
*397/a
*135%
7%
(Glenn
Dec
12'/a
12
12 Va
40%
137
27%
Martin-Parry Corp
Feb
12 %
*104
12%
*40
*135%
7%
Ry
Mathleson
175
Martin
12 %
41
27%
4%%: preferred
Dec
Shares
7'A
24
Jan
S per share
$ per share
27%
104% Feb
Apr
Sales for
the Week
7%
St
13%
Feb. 23
27%
Midland
12
Friday
Feb. 24
Thursday
7%
Marshall Field
59
30% Mar
40
300
27%
Market
Feb
25
2,300
.
,6.25
Marine
Jun
share
137
31%
*10%
5
—
5
10%
19% Mar
18%
Exploration—i__l
Oil
9
39%
12%
*40
*135%
32
—1
,
12%
40%
138%
.12%
No par
10
19
50
2—
12 y4
*39%
*135%
*104
1
Co
RR
Co
Jan
9% Feb
25
95%
Mahoning Coal
27% Feb
4
19%
9
$ per
$ per share
12'A
10
Mandel Bros
17
Feb. 23
32
No par
Magnavox Co (The)——
7'A Feb
$ per share
12%
40%
137
137
i—5
Square Garden..
8% Feb
45
24%
99
18'%
PRICES
Wednesday
Feb.21
*39%
100
Copper
Magma
Feb. 39
$ per share
common—10
—
Dec
113
24'%
*98
18'A
3
Forbes
&
Aug
Jan
24%
99
18%
Tuesday
Feb. 18
Working Co———5
preferred
6%
Mack
Monday
<
Par
11
May
24%
*98
HIGH SALE
Saturday
'
10% Jan
30
10
24%
Jan
110
900
172
19%
19%
98%
*170'%
93
10
Jun
49
172
24'A
*34%
.,100
Madison
Jan
•170%
172
corn—1
9
Jun
172
1,900
4,800
•
5,400
12
38
15,400
2,300
20
89
17%
39%
Jan
179
17'/a
34%
10% Jan
Feb
17%
39'%
17% Jan
170
17'A
34
5
8%
22.000
40
13
9'A
29
34%
25
525
28'A
39%
Jan
Dec
200
28%
34%
9% Jan
7 Va
17%
400
27%
39 3A
15% Jan
80
28
34%
Jan
89
27%
19
79
39%
Jan
34% July
28'%
19
79
34'/a
13
Jun
27'%
4,300
18%
79
34%
20
7 Va
27%
29
*78%
39%
Jun
Feb
79
34%
8% July
Jun
79
78%
-
Macy (R H) Co Inc- com—No par
4%% preferred series A
100
Mar
79
39'%
series A_
M
7
*78%
40
$ per share
Oct
6%
79%
28'A
18%
800
34%
EXCHANGE
14'A
430
29
18%
'
62'A
1
Lowest
Jun
5
29'A
61 %
29 Va
62'A
'■18%
STOCKS
NEW
Range Since Jan. 1
Highest
Highest
9%
10%
62%
61'%
29'A
18%
63
'
Year 194!)
95'%
15,000
39%
Co___x'
Range for Previous
$ per share
100
9 Va
—.50
Nashville—
preferred
Lukens
51 Va
9
17%
>
Louisville Gas & Elec Co (Ky) No par
Jan
186'%
*49
9'A
188
29%
29 %
450
*185
51'%
9
29%
63%
1,100
4.200
V
*49
185
51
9%
*18'%
63
7%
.
2,700
9%
185
51
27%
_100
41%
*184%
7%
7%
*78%
*
10
32
Lowest
131
No par
9'%
7%
19
29
Corp„___No par
(Md)
Co common,.
184%
51'%
9%
7%
*18%
1
No par
—
*51
7%
62
*63%
No par
Aircraft
184%
9%
Carbonic Corp com_—No par
3%% convertible preferred
100
Lockheed
185
par
5
__
Liquid
Jun
18% Feb
1,400
22%
Jun
Oct
8,000
2,300
6'A
x62'A
13%
21% Mar
6
6
6
18
64
19
100
6'A
2
2
173%
19
23%
65 %
Jan
*6
5'A
5%
2'%
18'%
23
Belt
Jun
19%
63%
Link
Jun
19 %
64'A
11
207/a
12.300
2
23'A
66% Jan
95
5%
5',%
2'A
23'%
21
15
5%
2'%
63%
61% Feb
Jan
900
64'A
Dec
23%
46'%
23%
Jun
31% May
46'A
64
7%
52'%
Jan
4,400
23%
Corp
174
6%
8%
46'A
46
5'A
-•
70
8 '/a
No par
Corp
Libbey Owens Ford Glass
Corp
Jan'
20
46 Va
46
400
8%
8'A
_No par
—
Lemer Stores
Cup
153
46
46
*96
8%
10%
Lima-Hamilton
Jan
46
96%
'A
56
2
80
98
8
10'%
15
13
98
96%
55%
9% Feb
Jan
98
•
8%
a
52% Feb
75
98
8%
10'A
17
Dec
*96
8%
1,600
55 3
25
76
98
700
26
1.0'A
Jan
Jun
21%
55'A
Jan
16% Jan
21%
10%
8% Jan
18% Aug
22'A
55'%
45
Jan
22
10%
182
14%
22
55%
Sep
x60
22
10%
Dec
Dec
22%
55%
Jan
25%
*21%
10%
10%
Feb
47'A
22%
47
55
49
16%
47
*46
11
186
,73
Jan
23% Jan
25'%
46'%
55%
Jun
x67
25%
45%
10%
Feb
23
*25
45
55
Jun
Feb
*46
25%
45
1
33
186
47
*24%
45'%
5
___.
x6%
11
*46
25%
6'A
Lehn & Fink Products—'.
22% Feb
47
45
6'A
Lehman Corp
61% Jan
*46
19%
10
600
x25
19%
11
100
1,000
10%
44'%
19%
11% Jan
Sep
47
4'A
26%
8%
par
16,000
6%
21%
10%
8
3%
21'%
4'A
47
2'A
pfd——No
3 Va
*
11
5%
57'A Jan
Dec
11
2'A
13
26%
H
5%
23
64
*10%
5%
Jan
Feb
11
2'A
10 % Jan
Jan
*10%
2%
5Cc non-cum 2nd
20%
21 7
5%
30
6%
6%
21%
1
6% Jan
*
4'A
22'%
*96
10
com
6%
6%
3%
21%
1st preferred—No par
non-cum
*
4'A
—No par
Coal
4
5% Jan
10%
6%
6%
22
*22
25
Lehigh Valley RR
10
*3%
22
44
;
100
Cement
6%
3%
26%
(James.) -& Sons Co common,_3
$3
21
4
*46
1
&
6%
22%
10%
50
Co
30
Jan
*22
No par
preferred
Rubber
Lees
3%
No par
Jan
17
44%
170
4%%
6%
75.Pesos Mex
(The),
lootnotes
NOV
see
page
3.20%
Minn
&
conv
Min
Regul
common
pfd series A
3
15% Jan
9
1
81
Jan
6
$5.50
1st
4
22% Jan
10
$1.50
2nd
preferred
conv
preferred
•
100
25
69%
70'A
71
71%
102%
102%
*96%
97%
97%
97%
*106%
100
Mfg common—No par
$4 preferred
—-No par
Minneapolis-Moline Co common—_'J
Jan
,
SS Marie
&
Feb
19
20.
74
St P
106'%
*106'%
106'%
103
-
v
103
71
102%
97
*106'%
71%
102%
97'A
106%
72
102%
*96
106%
73
102%
97
106%
73'%
103'%
x97
Xl06'/a
103'%
97
330
600
106 Va
20
13%
13'A
13%
13'A
13
13'A
12%
12%
12 Va
12'%
11.700
80
80
80
80
80%
80%
79'A
79%
78%
79%
520
*19'%
20'%
19%
19%
19%
19%
500
*19%
20%
*19%
20%
16
(860)
THE
COMMERCIAL
NEW
Range for Previous
NEW
Highest
$ per share
Lowest
$ per share
Highest
I per share
38%
7%
Jun
54%
Jan
46% Jan
10%
Oct
9% Jan
3
3'A
Jun
Jan
4% Jan
3
15%
Jun
25% Mar
3% Aug
25
9
21 % Jan
5% Aug
Mission
Corp
Mission
Development Co
6
3
1
Jan
12
27% Jan 27
7%
10
20
35
Jan
9
Dec
11% Jan
13
12% Feb
21
Mojud
Monarch
5% Jan 10
Jan
26%
Nov
24% Jan
13
26% Jan
Jan
57%
Dec
54% Jan
13
60% Feb
3
101%
103%
Jun
114%
Dec
110% Jan
13
Jun
113
Dec
112% Jan
4
Dec
12% Jan
9
Mohawk
Hosiery
$3.25
$4
3
pfd
Montana-Dakota
Jun
59% Mar
54% Jan
3
10%
Jan
13%
Dec
13% Jan
13
16%
Jun
23
Jan
18
20% Jan
18
Morrell
14
Jun
26%
Dec
23 % Jan
3
36% Feb
11
Jun
27%
Dec
26% Jan
3
30% Jan
7
15%
11%
Jun
23'A
21% Jan
Dec
3
9
38%
4%
4%
32%
32'%
11 %
12 'A
12%
12%
12%
12%
25'A
25'A
25%
25%
25 %
25% WASHINGTON'S
5
58 Va
58%
58%
58%
57 %
No par
108%
10
17% Feb 24
200
13%
*13%
13%
13%
13%
13%
13%
13'A
13%
No par
57%
57%
56%
57%
56%
57%
56%
56%
56'A
56%
—5
14%
14%
14%
13,400
15%
15%
15%
15
15%
15'A
15%
11,600
Lines
900
19%
19%
100
35%
28
36%
29
'
13,000
28
2J*/8
22%
22%
22 'A
*14'%
Brass
Murphy
4%%
24
10
4,800
*22%
3
45% Feb
58
115%
115
23
110% Jan
40% Feb
*112%
*22%
112% Mar
13
115'A
115
5
12
13
116
*112%
35%
49% Jan
Jan
*114
115
34 'A
Dec
43
118
•112 %
27%
50%
36% Jan
*113%
115
*13'A
Co
Co
(G
E)
*19'A
15
15
15
15'A
14
13%
14
5
*10
10%
*10
1
*49V2
50'A
50
111%
111%
common
preferred
(F
20
13%
100
C)
10
16
&
10%
10
51
112
16%
15%
22%
22%
14%
14%
14%
1,900
14%
14%
14%
9,500
9%
9%
9%
800
51%
1,400
50%
37%
*36%
37%
37%
37'%
*44%
46
*44
45%
•44%
*111%
16
*36%
45'%
16
22%
9%
112
*111'%
3,900
14'A
10
50
20
14
14%
No par
Bros
*19%
15
14
50
*111%
16%
20
50
com
preferred
Myers
*19%
20
1
Murray Corp of America
4%
*19'A
1
Mfg Corp.._
Munsingwear Inc
12
Oct
57%
118
*112%
5
Mullins
Jan
58
*115
115
34 %
Mueller
39
57%
117
117
28%
7
51
800
33%
17% Jan
July
25%
28
14% Feb 24
30% Mar
25%
28%
2
41
25%
34%
23
23
*25
5,000
27%
13
Jan
2,700
33%
9% Feb
112
12%
28
14% Feb
13
12%
34%
12% Jan
Jan
700
12%
34 %
Jan
15
58%
4%
32%
*12%
BIRTHDAY
4%
32%
*27%
Jan
Dec
10,900
4%
31%
3
Jan
15%
26%
4%
31%
CLOSED
No par
11
Oct
25%
2,400
No par
14%
Jun
13,700
Co
17%
4
1,200
5%
*112%
Co
Products
Jun
Feb
10%
5%
25%
EXCHANGE
4%
31%
10 %
10%
49
5%
25%
STOCK
26
25%
4%
x31%
Shares
48%
Corp
Motor Wheel Corp
Motor
18
52
26
25%
4%
Montgomery Ward & Co
Jun
Feb
26
32'A
Sales for
the Week
No par
Moore-McCormick
10% Jan
25%
10'/a
24
.
$ per share
48%
5%
4%
B
3
Dec
X9%
5'%
*32 'A
com
6
23% Jan
10%
5%
No par
Co
Utilities
&
10%
5%
1.25
Feb
(John)
10%
5%
Feb
share
48%
20
15% Feb
11
50%
5%
Motorola Inc
16%
59
49
10'A
100
Tool
series
50%
10
Friday
Feb. 23
$ per
share
pfd_100
con
Thursday
Feb. 22
9 per
9 per share
49
5'/a
A
pfd series A
conv
conv
* per share
49
49
"lOVs
Inc
Co
Chemical
47%
Jan
Feb.,21
5
Mills
Machine
Monsanto
119% Feb
7
115% Jan 28
13% Feb
series
Carpet
Wednesday
Tuesday
Feb. 20
No par
com
Missouri Pacific RR 5%
10
45%
RR
preferred
4% Feb
x31% Feb
14%
Monday
9 per share
10
Mo-Kan-Texas
12%
Jan
Monday, February 27, 1950
RECORD
Saturday
Par
10% Feb
21%
10
CHRONICLE
Feb. 18
50% Feb 20
Jan
Jun
STOCK
YORK
,
35
Jun
STOCK
EXCHANGE
9 per share
25
Jun
6
YORK
FINANCIAL
STOCKS
Year 1949
Lowest
&
51'A
50%
112
112
1,200
112
50
16'A
17%
17%
17%
26,500
39
40'A
39%
40%
900
45%
*45'A
45%
*44%
N
10%
Jun
17%
22
Jun
17%
Jun
5
32%
Dec
32
Jan
3
24%
Jun
16% Jan
Dec
23
Jan
13
Jan
9%
Dec
91/2
13
Apr
7% Jan
16% Jan
38
13
Jan
31
25% Feb
4
3
Dec
18
18% Jan 12
8% Jan 14
Nash-Kelvinator
Corp
Nashville Chatt
National Acme
&
Automotive
10%
Jun
13%
Dec
12
Jan
13
15% Feb
24
National
Jun
41
Aug
36
Feb
24
41 % Jan
11
Jan
40%
Dec
National Battery
37% Jan
13
170% Mar
185%
Sep
181% Feb
9
186
Jan
6% Feb
14
8
Jan
Nov
32% Feb
23
8% Aug
8% Jan
4
7% Jan
3
8% Jan 28
10% Jan
3
12% Jan 17
4%
Jun
30%
Jun
5%
7% Mar
Jun
36%
<
5
Jun
9%
Jun
'12
Jan
27%
Feb
39%
Dec
13%
Feb
17%
Aug
17%
Jun
22%
Dec
7%
xll%
Jun
14%
Feb
Jun
19%
Dec
95%
Dec
94% Jan
38%
Dec
35
86 Va May
25%
Apr
169%
Jan
135
Jan
5% Mar
14
183
Sep
152%
7%
Dec
19%
38
Jun
7%
7%
7%
33%
1
Jan
13
24% Jan
7
9
Feb
20
11% Jan
13
17% Jan
13
19% Jan
7
11
98% Feb
38% Jan 31
Nat'l
Distillers
Prod
National
Gypsum Co
$4.50 preferred-.
Co
183% Jan
11
7%
preferred
154% Feb
23
6%
preferred
4
7% Jan
6
National
25
20% Jan
5
Natl
% Jan
3
H Jan
Linen
4
Natl
13
24% Feb
3
National Shares
Jan
13
103'A Feb
24
National
18
28
Feb
2
11
Deo
19% May
86
Jan
21%
Jan
38%
9%
Jun
12%
Apr
11% Jan
5
9%
12% Feb
20
Jun
13%
Nov
10% Jan
13
11% Jan
6
14
79% Jan
19
17% Jan
82% Feb
Dec
36 % Jan
13
39'A Feb 24
National Tea
Natl
2
4%%
Lowest
$ per share
9%
Jan
Jun
14%
104 %
Dec
Mar
39 %
102%
13% Mar
10 Vi Jan
13
Nov
37% Jan
100% Jan
16%
6,700
16%
16%
16'A
16%
16%
16%
15%
16%
1,600
23
22%
23
22%
23
22%
23
22%
22%
23,500
*9%
9%
2,200
5,600
18%
9%
9
19
9
9%
18%
19
18%
18%
18%
18%
18%
18%
*98%
99'A
*98%
99%
*98%
99%
37%
37%
183
183
xl81%
182%
181
181
181%
181%
181%
181%
152
152%
153
154
154%
153%
153%
80
7%
7%
7%
1,000
19%
19%
600
A
6,900
7%
7%
19%
19%
19%
19%
*19%
Jan
19%
152
152
%
%
%
No par
21%
24%
*24'A
25
99%
99%
99%
No par
*26%
27%
10
com
Co
1*6
U
24%
xll%
94
Mar
102%
Jun
67 %
Dec
18
Nehi
Neisner
10
Jan
9
4 %%
preferred
Newberry Co (J J)
Dec
42
Dec
10% Jan
3
62% Feb
15
67
15
14%
Dec
11% Feb
Apr
72%
Jan
66% Jan
27%
5
13
68% Jan
9
Apr
26% Jan
29% Jan
20
Jan
27% Jan
30% Feb
4
13 %
11% Jan
Jun
102 %
Dec
98
Jan
Jun
142
Dec
137
Jan
10
Jun
13'A Jan
14%
Jan
30
Dec
30
110% Feb
30
145
Feb
61
Dec
56
Jan
Mar
220
Feb
21
16%
16%
16%
16%
16%
16%
*81%
81%
81 %
81%
*81%
81%
37%
*37%
37%
37%
37%
38
38
38%
39%
700
12%
12%
12%
12%
12%
12%
12%
12%
12%
11%
11
11
11
2,600
11
11
11
11%
11%
700
}
;
-AiV
6
LOW AND
21
Jun
33%
Jan
30% Jan
4
15%
34% Feb
11
Feb
19%
Apr
17% Jan
3
18% Jan
9
57% Feb
24
11%
11%
17%
16%
17
104 %
39%
*104%
*103
104%
39'A
39'A
*39
39'/a
*104%
105%
•103
105%
11%
*102
11%
11%
106
*102
104%
11%
11%
106
•102
64
63%
64
11%
11%
11%
11%
11%
68
27%
5,000
29
29
No par
1,900
13
York
New
$5
Y
13'A
12%
12%
13
12%
106%
108 Va
107
107
107
107
106%
107
142
142
142
141%
142
*140
142
142
City Omnibus Corp
140 Va
No par
14%
15%
16
York
No par
Dock
non-cum
<fe
Co
series
com
common
preferred
Harlem
RR
*25%
14%
14%
31'/a
*27'/a
RR
•57
62
*57
62
*57
220
*210
230
*210
9
9
9
25
56%
$3.75 preferred.
.100
Niagara Mhk Pwr Corp com.No par
*99 %
23%
28%
;
18 V.
*18
18'A
18 Va
18'A
57 Va
57
57'A
57'A
57%
99%
*99%
99%
99 Va
99'/a
99%
99%
*99'/a
100
50
23%
23%
23%
23%
23%
23%
23 Va
23 Va
24
67,050
28%
28'A
28%
28%
28%
28'A
28%
28'A
28%
3.40%
preferred
3.60%
preferred
100
*94'/a
95%
3.90%
preferred
100
*101'/a
101'A
101'A
101'A
101%
2.50
33%
33'/a
33%
33'/a
32%
3
34% Feb
14
12
21 %
Jun
30
Dec
28
Jan
Noma Electric Corp
13
10% Jan
29% Jan
18
Sep
59%
Jan
Nopco
48% Jan
3
51% Feb
3
Mar
28%
Jan
26% Jan
6
27'A Feb
4
20% July
11% Jan
18% Jan
16
21% Feb
24
10% Jan
13
12% Feb
85
78 % Jan
5
84
Feb
Noblitt-Sparks
Industries
Chemical
American
24
North
American
11
Northern
Ry
Jan
39%
Dec
35% Jan
13
39% Feb
23
19%
Dec
Jan
3
21% Feb
17
Northern Pa-jiflc
7
Jun
13%
Northern States
93% Feb
2
107% Jan
18
11% Jan
13
12
Oct
10% Jan
3
12
Feb
2
95% Jan
21
108% Feb
"
9
13
Jan
5
20%
Oct
19% Jan
3
21% Feb
18
ji30% Dec
36%
Dec
23% Jan
4
31% Jan
10
16
3% Jan
13
JNorwalk
4
16% Jan
17
Norwich
1% May
11% Mar
4%
Jan
14%
Oct
2% Feb
14
Jan
89
*88
89
*88
89
95
*94%
95%
102
*101'A
101%
101'A
101%
430
32%
31%
32%
2.800
32 Va
31
95
95
300
10'/a
9%
29'A
*28%
29 Va
29
29
*28%
29%
*29
29%
400
51%
51
51'A
51V.
51 y.
51%
51%
51
51 Va
4,200
27%
*27
27%
*27'A
27%
*27'A
27%
*27%
21V.
20%
12'/a
12'A
*26%
20%
21
20%
10
12%
*83'A
39'/a
39'/a
38%
21%
21 Va
9%
39%
21%
21%
12%
12Ve
84
*83'A
84
9%
9%.
9%
9%
9Va
Airlines
Inc
11%
'
*94
94%
*108
108%
common
4.6%
preferred
Northwestern Telegraph
&
11%
No par
—No par
j._
Rubber
Pharmacal
'
—
21V.
21
21%
21'A
21%
45,800
12 Va
12 Va
12%
12'A
12%
42,100
84
84
39 Va
39%
39%
39 Va
39%
39%
7,200
21'A
21%
21
21%
21
21%
22,600
12
25,200
*83'A
50
11%
*94
108
11%
84
12%
12%
12%
12%
21%
21
21%
20%
20%
30%
30%
30'A
30%
30 V.
30%
*2%
2%
2%
2%
2.50
15'A
15%
15'/a
15 V.
'34%
*2%
15
12
94'A
*84
84%
11%
94%
*94
108%
»-» O 00 -W
21%
i
11%
94%
108
12%
No par
Co.
11%
94%
108%
12%
10
,.—25
li—-
11%
94'A
*108
-
2,300
28
Pwr Co (Minn)—
No par
Tire
95
10 Va
lo
Ry_^
$3.60 preferred..
$4.80 preferred
Jun
*88
95
1
Common
Northwest
89
50
i.
Northern Natural Gas Co
17
Dec
95
100
Co
Jun
_
*87%
5.300
51
10
Aviation
Central
89
4,800
29
25
Co
11%
Dec
33'A
4
Ry com
Adjustment preferred
31
a
34
25
;
Western
North
*87%
...1
Co..
1,600
18'/a
17
4
1,800
56%
21
9% Jan
33%
56%
Feb
25% Jan
33%
18 V.
Feb
11
33%
18
95
Jan
2,400
56%
102
Dec
9'A
18
19
100
10
9'A
56%
•33%
12
No par
—
9»A
34
93% Jan
95%
9
33%
98 % Jan
<fc
9%
& Gas Corp—
Common
14
1,200
1,800
3,700
230
Co.100
34'A
27%
41,700
62
220
A
!
170
31 Va
62
230
18
A
*27Va
*56
*210
34
Norfolk
31'/a
62
230
1
Class
*27'/a
15 '/a
*56
Shipbldg Corp partic stock
Elec
31%
15
*210
100
series
•27 V.
15%
50
9%
5%
31'/.
15'A
13'A
No par
Co
New Haven & Hart
Preferred
15%
—
109% Mar
12%
108
141%
Louis
.—
Apr
13 %
108
100
St
preferred
*9
NY
13'A
100
A
Chic &
6%
NY
Central
16% May
6% Jun
Feb
...
68
12
8%
8,300
27'A
86% Jan
84
13
68
23
,107% Sep
12%
29'A
N Y State
Feb
1,200
13
106
27'A
23
Jun
64'A
12%
BIRTHDAY
64'A
*102
29
26% Jan
818
11%
64
68
21% Jan
75% July
8,200
11%
106
64
27%
100
Jan
11%
11%
WASHINGTON'S
29%
3
15%
30
68
9
26
105%
105%
27%
Jan
47%
400
105 Va
29 Va
Jan
8
39%
67%
53
87% Feb
*39
27'A
95
31
10
39%
29%
Dec
24
104 Va
68
68
Nov
Feb
1,600
*103
27%
Brake
53%
Jan
4,600
104%
67 '/a
Air
96%
29
Shares
12
16'A
29 %
York
Jan
24
CLOSED
13%
Sep
—
11%
*102
63%
48%
15
9 per share
xl6»A
*104 %
EXCHANGE
11%
63%
86
Feb
17
39'A
STOCK
106
63
*
11%
16%
Sales for
the Week
104'%
104'/a
1
preferred.
share
11%
*
104 %
39%
common
share
11%
17'/a
Friday
Feb. 21
Feb. 23
t per
27%
NY
9% Feb
11%
t per
30
10
3
12
17%
*103
l
Thursday
Feb. 22
11%
No par
System
Wednesday
J per share
27%
N
7% Jan
1 per share
29%
10
Jan
Feb. 21
>0
17%
100
Elec
Tuesday
Feb.
f per share
_No par
1
HIGH SALE PRICES
Monday
27%
Jan
9%
90
*67%
18
232
300
4,000
16%
100
NY
63% Jan
26
250
700
9,700
27%
No par
4
9
27%
Newport News Ship & Dry Dock—1
10
34% Jan
Feb
Dec
England
New
Jan
27%
New
11
18% Feb
13% Jan
27%
24%
103%
12%
Jersey Pr & Lt Co 4 % pfd—100
Mining Corp
10
4%%
27%
24 %
103
81%
Feb. 18
com
Newport Industries
33%
24%
102%
16%
100
14% Jan
35
*24 %
101%
♦27
81
Saturday
preferred
New
Jun
"Vrf
24%
102%
280
16%
*11
Mewmont
Jun
ur
24%
7,700
81
STOCK
common
6
Jun
.117%
Inc
8
9%
Jan
Bros
Jan
24%
%
19
37%
37%
1
Corp
11% Feb
New
19
37
16%
Par
3%%
*7%
100%
100
*27
37%
81
100
EXCHANGE
16
37
7%
10
10
105% Feb
9%
5,200
99%
No par
Feb
40
9
7%
NEW YORK
.
9
7%
Fibre
104% Feb
4
8%
Jun
40%
37%
Co
17% Feb
17
Oct
12
1
Jan
5%
40%
37%
9 per share
4
14% Jan
103
Feb
93%
48
40%
7%
'
Highest
t per share
Dec
Jan
205
40 Va
STOCKS
Range Since Jan. 1
12%
Jun
40%
"
xl01%
20%
40 Va
7%
;
Range for Previous
56
40%
1
?■ "
23%
1,000
40%
7%
*98%
Corp
Corp
Co
40%
7%
33
Corp
Vulcanized
11
7%
99%
preferred—
Natomas
10%
*150%
Sugar Ref Co_
National Supply (The) Pa
15% Feb
11
Cast__No par
ex-dist
No par
Lt
Steel
11
100
National
26% Jan
&
Power
10%
.,100
Service
23% Jan
7%
10%
*37%
Malleable & Steel
88
11,000
9%
7%
11
-
*98
B
Jan
9%
9%
8
11
9%
1
,
A—
U
9%
7,700
6,700
No par
10
common
3
9%
7'%
34%
1
23
No par
com
9%
10
7%
90
7%
33%
■
11%
*11
Enameling &, Stamping__12.5o
National Lead
9%
8
500
:85%
16%
Cylinder Gas Co.
1
National Dairy Products——No par
National Department Stores
5
National
10
*183
6,400
5,600
40%
National
10
10
Highest
184
32%
5
Year 1949
184
7%
Dec
65
39%
33%
Nov
Feb
39%
7%
26
9%
39%
184
33%
95%
29
39%
184
7%
Feb
f per share
39%
39
39%
184
33%
Jun
Lowest
15%
36
7%
7%
8,300
15%
36
33%
9%
17%
15
36
7%
Jan
x80
39%
*183%
1
17%
14%
*35%
33%
19%
Dec
17%
15 %
36%
7%
,
10,900
14%
33%
21%
15%
17%
10
200
8%
36%
10
22
Dec
39%
183 %
17%
13,500
24%
8
8%
No par
Corp
73%
28%
39%
183%
17%
8
Register
2
7% Jan
17%
8
Can
Jan
U Jan
10
8
17%
36
*24%
15 %
*37
100
common
preferred
24%
37%
14%
38
17%
36
36%
*24%
Cash
Feb
18
17%
15%
*37
17%
*36
National
18
Jan
Co
17%
15%
4
8%
17%
36%
24%
24%
National City Lines Inc
National Container Co
6
15
42
X150
17%
5
8
17%
*36
24%
National
Feb
24
Dec
Inc—1
Corp
8%
17%
36"%
24%
10
27
180% Jan
8
17%
*36
38% Jan 11
15% Feb
Jan
25
Co
National Biscuit
9
Jan
,
Dec
Jun
x%
9% Jan
I
39"% Jan 17
Aviation
Fibres
17%
37
Airlines
National
30%
17%
*36%
"24%
1
National
4
28
17%
100
1
Jan
18
5
Louis
St
Co
*108
94
Va
50
240
108%
110
12'A
' a
'
12 V*
12%
14,200
20%
i
12%
21'A
20'A
20%
4,500
30'A
30
30%
30
3
2%
15
*15%"
2%
-
15 'A
*2%
440
2%
300
15'A
15
300
14,400
O
(27% Jan
99%
Jan
; 23 % May
'17% Jan
20
Jun
91
Nov
6%
33
May
31% Jan
13
34% Feb
24
110
Dec
108 % Jan
23
110% Feb
24
33%
Jan
20% Feb
14
28% Jan
8
19%
Dec
19 Va Feb
14
20
31%
Jan
24
Feb
14
Jan
81
99
Jan
92
Feb
10%
Dec
10% Jan
3
79% July
96%
Dec
95
3
,18% Aug
22%
Jan
20'A Jan
28
Jun
105
Nov
11%
Jun
^64% July
*49 %
Jan
For
Jan
,
Feb
21
4%% convertible preferred
Omnibus Corp (The) common
99 % Feb
23
100
I-"'.
10
21% Feo
17
41
14
16%
Dec
14% Jan
16
16
Jan
9
79
Jan
74% Jan
4
82
Jan
14
footnotes
see
page
20.
Jan
108% Feb
67% Feb
21
7
2
16
Oklahoma
Gas
Corp
8%
Otis
$4
&
Elec
4%
preferred
common
preferred
Outboard
34%
110'A
110
110'/.
27 %
27 Va
27%
27
27'A
19 Va
19V.
&
Mfg
Co
Owens-Illinois
19%
*19'/a
19%
24%
24%
24%
100
95%
95%
96
96
97
12%
12%
12%
12%
13
98%
*98%
99%
98%
98%
5
12
r
A..100
98%
*20Va
No par
2.50
No par
Glass
34%
24%
__62.50
Marine
34'A
*19Va
.
.10
Collins
Elevator
Outlet
34'A
*109%
27%
No par
pfd—20
common
convertible
Oppenhelm
34%
.*109% 110%
No par
Oliver
20
13
;_100
Co
9
37% Feb
63 % Jan
__8
common..
preferred
Oil
10
107% Feb
Dec
4.40%
Ohio
Co
27% Jan
Dec
64%
Edison
Jan
Dec
40%
108
Ohio
Co
1.12.50
37%'
21
21
21
37%
37%
38
-
24%
34%
110%
110%
80
27'A
26%
27'A
9,300
19%
*19'A
19%
200
24%
25
25'A
97
97
12%
11%
12%
98%
-
25 %
97
12'A
99'A
98%
98%
21V4
,
21%
21%
21%
37%
38
38'A
38%
*14%
15'A
*14%
15'A
80
*76
80
•75
80
€6
»66%
66%
34%
109%
97
14%
66'A
*19%
,
107%
1071/a
:
24%.;
14%
*107
27
100
.*106%
*76
34 % '34%
109%
107%
64%
107'/a
65'A
'
,
■
*107
15'A
*75
64%
108
*21
22
38 Va
*107
38%
240
380
300
5,000
108
15%
*15'A
15%
80
*75
80
65 »A
2,500
13,700
.
64%
65'A
60
300
—
— —
3,100
Volume
171
Number
48S5
THE
COMMERCIAL
NEW
Range for Previous
Year 1949
Lowest
t per share
&
YORK
FINANCIAL
STOCK
CHRONICLE
Range Since Jan. 1
......
Lowest
S per share
NEW
Highest
•
1 per share
YORK
LOW
STOCK
AND
HIGH
Saturday
Monday
Feb. 29
Sper share
Par
SALE
Tuesday
Feb. IK
Feb. SI
EXCHANGE
,
t per share
17
RECORD
STOCKS
Highest
(861)
t per share
PRICES
Wednesday
S per share
Thursday
Feb. 22
•
Friday
$ per
Sales for
Feb. 24
Feb. 23
J per share
the Week
$ per share
share
,
Shares
P
11% Mar
7»A
Jan
14
Nov
10%
Jan
51
Sep
71
Apr
29
Aug
40
18
Feb
21%
30%
Jan
34
Sep
17
7'A Jan
13% Jan
3
Pacific
Amer
Fisheries
3
11% Feb
9% Jan
57% Jan
12
Pacific
Coast
Co
17
1st
10
52
Jan
Jan
31
Feb
24
34% Jan
Nov
20'A Jan
25
23
32% Feb
1
52
Feb
1
30 Va Jan
3
12
Feb
4
Pacific
11
Pacific
Gas
50
Jun
Jun
89
Feb
104%
Dec
101
Jan
3
135
Jan
148
Dec
144
Feb
7
148% Jan
5
2%
Jun
Jan
34% July
4%
Jan
3
2% Jan
29'A
Jun
3y4
Jun
4%
Jan
8
Jan
10%
Apr
8% Jan
3
12
Jun
22
Oct
18 7A Feb
23
Oct
44
Jan
28
3% Jan
3
36
Inc
5
U
10% Feb
17
Jan
9
Pacific Lighting
Mills
31%
STOCK
22%
22%
22%
EXCHANGE.
33%
33
33%
CLOSED
Corp
No par
30%
104 %
104
100
145%.
145'A
*145
1
World
3%
10
38
No par
&
4V4
Jan
Dec
37
15% Feb
6
21
Jan
5
102% Feb
3
18% Feb
2
20% Jan
4
46% Jan
11
101
43'A
104%
104%
104%
104%
105'A
104%
1C4%
2G0
7%
7'A
7%
7%
7%
7%
38,100
Refining
104
*102%
104
*102%
104
*102%
19
18%
19
18%
19
18%
18%
18%
44
41%
43
41%
41 %
41%
41 ya
•41%
41% Feb
20
Feb
2
Jan
34% Jan
3
2% Jan
7
Park
16
38% Feb
3
Parke Davis & Co
29
Dec
28% Jan
4
30% Feb
15
Parker
9% Jan
11% Jan
20
Parmelee Transportation
11
Patino Mines & Enterprises
5% Aug
7%
7% Jan
3
14%
Jan
9V» Jan
4
Jan
8
7
Jan
31
15
Dec
19%
Jan
16
Jan
4
17% Feb
17
27%
Jan
37%
Dec
34% Jan
12
36% Feb
7
57
Dec
54 lA Jan
13
61
Feb
24
5% Jan
3
42 y2
Jan
7%,
Jun
*)%
Feb
8'A Jan
17%
Feb
2«%
Dec
25 »A Jan
3
Feb
10
23%
Jun
35
Dec
31'A Jan
24
34 % Jan
7
Jan
6
107% Jan
30
21% Jan
6
24% Feb
17
106
Jun
167A
Jun
111
Mar
22%
Dec
107
3
9% Feb
28
6
Park & Tilford Inc
Utah
Rust
Peabody
•5%
Mines
Penn
Co
&
2
37
29%
29'A
30
29%
29%
29%
29%
9
10%
8%
9
8'A
8%
8%
8%
9%
10
9%
10 V8
9%
10%
9
*10
5
36%
59%
9'A
lo
_100
*107%
No par
24
17%
preferred
17% Jan
9
Pennsylvania RR
46
Feb
6
104
Mar
113%
NOV
110
114%-Feb
7
Pennsylvania Salt Mfg Co
3%% conv series A pfd
37%
127% Jan
17
138% Feb
21
96%
Feb
137
Dec
7y4 May
13
Dec
12
Apr
Nov
21
Mar
35
102
Jan
108
9%
Jun
Jan
40'A
Jun
36 y4
Jun
17
11
14
Feb
8'A Jan
,
13 % Jan
5
3
11% Feb
18
37% Feb
6
Dec
34
Jan
25
Dec
105
Feb
20
107
Jan
6
Pepsi-Cola Co
Pet
Milk
Co
4%%
11% Jan
13
12% Jan
30
Petroleum
36
Jan
3
43% Jan
31
Pfeiffer
Co
57%
Dec
51% Jan
25
60'A Feb
24
Pfizer
Co
53%
Jan
47% Jan
13
50% Jan
11
Phelps-Dodge Corp
Philadelphia Co 6%
58
106
Oct
56
Jan
5
60
Feb
10
Dec
105
Jan
5
108
Feb
15
Nov
24
Jan
3
25% Feb
3
23'A
Jun
110'A
Apr
117
98
Jan
104%
Dec
103% Jan
105
Apr
110%
Sep
107 y4 Jan
24%
26% May
Sep
24% Jan
7
xll4% Jan
6
26% Feb
116
24
$6
$1
Electric
conv
preference
$ per share
$ per
Jan
13% Jan
14
147A Feb
18
Phila & Reading
Jan
32% Jan
3
40 % Feb
14
Feb
84 % Jan
4
90% Feb
8
50% Jan
13
55'A Feb
16
93%
Jan
10%
Feb
14
95%
103
Feb
Dec
14
Jan
3
17% Feb
6
Dec
93 % Jan
16
94% Jan
4
9
106
Jan
12
preferred
5%
Apr
57% Jan
27
Mar
9% Jan
6
10
Jan
12
Phoenix Hosiery
32 % Jan
3
34
Feb
21
Pillsbury Mills Inc
Jan
105
Jan
31
94
Dec
100%
97
Feb
17
Pitts
C
11
Jan
14% Mar
15% Jan
9
Pitts
Coke & Chem Co
79
Jun
83
Dec
867A Jan
13
91% Feb
24%
Jun
32
Jan
28
Jan
4
29% Jan
12
Pitts
107A
Jun
16%
Jan
15% Jan
13
16% Jan
20
Jun
103
Feb
14
97
Feb
17
13 7A Jan
3
142
Jan
155
Nov
150
Jan
156%
Jun
170
Jan
164
28%
Jun
6%
7%
Jun
Jun
7
23
7
154
Jan
19
Jan
4
167
Jan
23
37 7A
Dec
35 % Jan
13
37% Jan
9
8%
Jan
7% Jan
4
8% Jan
9
11% Jan
12
15'A
Jan
Phillips Petroleum
$4
$5
9% Jan
3
Apr
175
May
150
Feb
8
150
Feb
8
7%
88
Jan
71
Jan
3
80
Feb
10
5%
55
Nov
71%
Jan
61
Jan
4
64% Feb
10
14%
Jun
25%
Dec
23% Jan
9
27% Jan
10
135%
Dec
147
Feb
Jun
29
Apr
Feb
12 %
Nov
10% Jan
5
36%
Feb
50%
Apr
38% Feb
14
Sep
38% Jan
32
Mar
44%
87A
Jun
13%
Oct
127A
Apr
15%
Nov
4%
Jun
8%
Jan
21
Mar
135% Jan
22
Jan
13
3
16
preferred
3
14% Feb
9
Poor
4
16 % Feb
7
Potomac
3
8% Feb
15
&
Electric
Feb
32
Oct
30
6
31% Jan
30
4%%
86%
Dec
79% Jan
16
89% Feb
3
Procter
31
60
3
"When
xl5V8 Feb
24
17% Jan
6
Publicker
Jan
4
85 % Feb
17
14%
Jun
2~2~
79%
Dec
90% Mar
38
Jan
Feb
47%
Dec
80
Jan
Feb
&
S4.75
13
53
Feb
24
Public
Service
29
Feb
3
Public
Serv
118% Jan
24
122
Feb
6
4.64%
26
88% Feb
6
Jan
25%
Dec
24% Feb
20
26% Feb
8
Pub Serv
25%
Jun
29 7A
Dec
28% Jan
27
30 y8 Feb
2
$1.40
xl03%
Nov
Dec
104% Feb
3
Feb
15
30%
Feb
37
Apr
33% Jan
3
36% Jan
12
24%
Jun
337A
Oct
26% Feb
14
30 y4 Jan
9
107
Jan
25 %
15%
Jun
Jun
105'A
109
July
30%
Dec
20%
Jan
106
107% Jan
3
109% Jan
10
Jan
3
347A Jan
30
30
18% Jan
4
2iy4Jan30
3 % %
div
4.08%
24%
24%
8,200
:
26
*25%
26 y4
26'A
26%
800
115'A
115%
115%
104%
*104 >A
104%
104'A
104 »A
109%
109'A
109 %
110
110
115
Tuesday
Feb. 20
Feb. 21
$ per share
115
115
150
;
104y,
104 %
104%
800
i
*109%
SALE
115%
*104%
AND. HIGH
Mondav
110%
110%
110%
50
■
PRICES
Wednesday
Feb. 22
I per
share
Thursday
Friday
Sales
Feb. 24
Feb. 23
S per
the Week
$ per
share
for
Shares
14%
6,300
38 Vs
100
*89'A
90
*89%
90
*89
5
54%
54'A
55
54
*104'A
*104'A
105
*15%
1674
*15%
17
*15
17
*91
96
*91
96
*91
96
59 y4
*9%
33
*103
*97
V2
90
54%
105
59'A
11
33 'A
90
*89%
54%
55
54%
*104%
105
*104'A
58%
*9%
*33
59%
54%
105
58%
58%
10'A
*9°/a
10 %
33%
33%
34
STOCK
EXCHANGE
CLOSED
WASHINGTON'S
BIRTHDAY
*90
5 8'A
58 %
*9%
34
103%
104%
104%
100
*94
100
91 V2
29%
16%
*151%
154
*165
167'A
10%
*140
37
8
10%
158
*90
29
*16%
91%
*91
91%
91'A
29
23'A
16%
16'A
16'A
*90
14%
1,500
16'A
400
151
151'A
150
150
*148
150
*147
150
167'A
*165
168
*165
168
*165
168
36%
77A
io y4
*140
36%
7%
10%
158
35%
7%
10%
*140
77'A
77
77'A
64
64
24'A
25
25
24%
146
*142%
*142'A
75%
*63
25%
25 y4
25 %
25%
11%
*11%
11%
*11%
36
7%
10 %
158
75%
64
24%
146
26%
35%
7%
10%
*140
76'A
36
7%
10%
158
35%
..
-
7%
10'A
*140
Inc
of
30
37%
4,300
7%
1,400
11
2,400
155
76'A
*75
77
64
*63
64
10
24%
25
*24%
25
700
*142%
146
*142%
146
*63
25%
26%
25%
11%
11%
11%
*11%
40
39%
40
39%
40
39%
391,2
39%
*41
41%
41%
41%
42
42
41%
41 %
40%
*13%
14'A
14
14'A
*13%
14%
14
14
14 »A
10
com
20
28 %
No par
Co
1,000
92
28%
*16
*165
64
16 V2
16%
16%
16%
16'A
16%
16%
16'A
16%
8%
8%
8'A
270
14%
16'A
1
*11%
40
1
Inc
60
100
14%
28 Vs
16%
600
104 %
*93
91%
28%
63
25%
*104
14'A
16%
77 y4
146
14'A
29
24 y2
*142 y4
10,200
11
34
103'A
14%
59
11
34
*94
y4
*77A
58%
*9%
*33%
100
14%
100
16%
95
103 %
14%
4,600
105
*15
*91
103%
*16%
37
105
17
96
*97
14 %
54%
*16
103 'A
14%
7,200
90
*91
100
14%
29
*89'A
8'A
8
*30
31'A
*30
30'A
*30
88
88%
*88'A
88%
*58
59'A
*58'A
59'A
88%
*59
8
31'A
25%
6,500
11 %
100
40
1,900
41
800
1,600
3,500
'
7%
*30
8
31%
88%
88%
88%
59%
59%
7%
*30
3 Va
6,900
31
88%
88%
3,400
59%
59%
£9%
300
16
16
15%
15%
xl5'A
15%
4,400
*85
86
84%
85
*83%
84'A
5
16 y8
16'A
No par
Colorado—_20
85'A
85'A
52
52
52
52 y8
52'A
52%
*52'A
52%
52%
53
28'A
28'A
28%
28'A
5,100
28'A
28%
28%
28%
28%
23%
3,700
120'A
120%
*119%
com
Indiana—No par
100
*120%
Gas
;
24%
share
100
121
16 y8
*85
120%
16%
86
121
140
120%
*119'A
120%
100
*87%
88
88
88
88
8a
*87'A
87%
*87'A
87%
80
No par
24 Vs
24%
24%
24%
24%
24%
24%
24%
24%
com—No par
24'A
29'A
29%
19.600
29 %
29%
29
29 %
29'A
29%
29%
29%
6.600
105%
105%
preferred
Ei &
; *
120
24%
14
No par
preferred
86% Jan
20%
740
25
37'A
No par
B
Co
of
58%
107'A
14'A
100
Power
Co
Co
10,200
58'A
107 %
37%
No par
B
preferred
31
58
106%
14'A
issued"
26% Jan
2,300
48%
com
preference
preferred
100
106
106
106
106
106
106
200
'
105%
105%
No par
34y2
34%
34%
34%
34%
34%
34%
34%
34%
No par
34%
27
27%
26%
6,000
27%
26%
27
26%
26%
preferred
26%
100
*108
27%
109%
*108
9,800
Purity Bakeries Corp
No par
32'A
32
*20
Pullman
Inc
Pure
(The)
5%
Oil
conv
common
Quaker State Oil Refining Corp—10
.
32 Va
*20
21
108%
108
108
32
31
32
32%
32%
32%
21
21
21
20%
20%
xl9%
*103
108'A
*108
250
108 %
100
32%
900
20
700
R
9%
Jun
14%
Jan
12% Jan
3
66 3A
Jun
74%
Jan
73% Jan
13
Feb
7
Radio Corp of America com—No par
$3.50 1st preferred
No par
x7
Jun
9V4
Apr
8y4Jan
3
9% Feb
3
Radio-Keith-Orpheum
Feb
3
103% Jan
10
Ralston Purina Co 3%%
15% Feb
76
14
92%
Jan
101 Vs
Dec
23%
Jun
29 y4
Dec
27% Jan
3
29 7A Jan
27
(Raybestos-Manhattan
21%
Jun
30%
Feb
x24 % Jan
25
28% Feb
17
Rayonier
26%
Jun
34% Ftb
30 y8 Jan
13
32
16
$2 preferred
Reading Co common
Corp
100
Feb
Inc
1
pfd
100
No par
1
common
—
_
25
15%
15
15%
15
15%
15
15%
15%
15%
*75%
76
75%
76
75%
75%
75%
75%
75 7
76
87A
9
8%
9
8%
8%
8%
8%
102%
100 V*
101
101%
101V4
*101%
29 'A
29 y8
29 Vs»
29'A
*28'A
29%
*23%
29 3A
100
28%
28
28%
27%
27%
27%
27%
27%
3.000
31%
31 "2
*31%
21%
217A
15%
*101
*28%
28
*31%
17%
Jun
23%
Jan
20Vs Jan
25
22% Jan
9
50
22
34%
Nov
43
Jan
36
Jan
25
39% Feb
9
4%
non-cum
1st
preferred
50
*38
28'A
Jun
36
Jan
31
Jan
13
33 Vs Feb
3
4%
non-cum
2nd
preferred
50
For
footnotes
see
page
20.
32%
32%
*28%
28
32
102
s
8%
102
8%
102
31%
31 y4
21%
21%
21 Va
39%
*38
40
*33
39%
39
39
*38
39 V4
32%
33
33
*33
34'A
*33
34
*33
34
22
217A
,
1,600
60'A
106%
25%
5
Industries
467A Jan
40%
59%
A 48%
x37'A
10
.
Gamble
cum
•,
14%
preferred series A—50
conv
48%
*40
?
'
38%
1
Co
class
Co
59%
400
14%
No par
Co
com
class
Pressed Steel Car
56% Jan
57%
Coal
Pond Creek Pocahontas
Jan
40'A
12%
.
38
21
7% Jan
10
1,600
12%
14%
Feb
12% Jan
85,500
38%
Plymouth
15
"
12%
12%
58
11%
35 %
105%
14%
9
42
11 %
*35
*104
37%
com—No par
preferred class A
Oil
26
U%
35%
147a
3
12
24%
1,300
12%
33 7A
Feb
10
21
25'A
100
137%
105%
48
58%
25
35 %
58%
107 %
35%
136%
*11%
14%
43% Jan
Feb
26% Feb
58'A
J.06%
:•
:
.
70
38'A
5%% 1st ser conv prior pfd—100
Pittsburgh & West Virginia
100
Pittsburgh Young & Ash pfd—_100
Pittston Co (The)
1
Plough Inc
5
144
*35
803
113
*
40
,
49
25%
100
RR
preferred
Pittsburgh Steel Co
.
.58%
115 y2
No par
Pittsburgh Plate Glass Co
Pittsburgh Screw & Bolt
Nov
xl9%
8%
Louis
convertible
12%
*103
12%
58'A
S per share
1373/i
11
v
43
*111%
35%
137%
*11%
36
25%
25
i
Consolidation
*35'A
11%;
107%
25'A
x43
60
1
5
St
y8
42'A
111 %
■
58 »A
S per share
Forgings Co
1
Pitts Ft Wayne & Chic Ry com—100
1%
gtd preferred
100
64%
135
&
42
111%
12'A
*106'A
LOW
No par
common
preferred
C
42%
104'A
Pittsburgh
100%
62% Jan
19,200
*108'A
100
11
Jun
17%
100
com
64
Sep
17%
No par
—
preferred
32% Aug
105% Apr
7%
26
17%
-
100
___3
3%% preferred series A
Philip Morris & Co Ltd common
4%
17%
Feb. IK
Coal & Iron
Phillips Jones Corp
5,800
Saturday
Philco Corp common
Dec
23%
*115%
Par
197A
109
23%
107 %
ft
$ per share
40%
*107%
23%
115%
STOCK
Jun
109
23%
*25%
100
EXCHANGE
Jun
87%' Aug
51% Jun
25
100
NEW YORK
*107%
58'A
58
100
preferred
11%
Dec
48
No par
com
_
22%
105
58 'A
400
4,000
24 %
40'A
58'A
50
9'A
26%
107%
105'A
57%
preferred
88%
11%
*35 %
*103
49'A
4.3%
55%
11%
36
105
57
3.8%
Jan
11V8
36
105
49%
24
Nov
*11%
*9
26
33
138%
12%
600
403
6,500
*31%
137
*11%
1,100
33
35%
57
110% Feb
37%
136%
136
9%
26%
6%
*31%
*35
49
4
79%
36%
35%
33
113
1
20
share
11%
106
35%
*41%
*111
12%
18
Range Since Jan. I
Highest
13
41%
113
40
104% Feb
preferred—
Lowest
Highest
136%
41 %
113
12%
107%
9%
25%
17%
40
STOCKS
Year 1949
17'A
12%
3
Range for Previous
17%
40
Jan
4.4%
17%
12%
50
9%
17%
40
No par
61
23%
12%
preferred
59%
107%
25
common
59%
24 %
39%
No par
Co
59
107%
5
Inc
36%
24 %
42%
3,100
2,400
16%
36%
27%
No par
preferred
Phila
*104%
Corp of America
Brewing
(Chas) &
11%
36%
100
Dec
Jan
$ per share
33Vbc
No par
common
preferred
*16%
24%
35%
*11%
6%
167 a
36%
107%
*35
136%
*9%
6%
16%
*31%
27
1.00J
8%
59%
59
1,000
1L000
10
36%
27%
112%
1
9%
6%
8%
10
36%
32%
*111
100
*9
60
6%
2
17%
27 %
_5
Ry Co
37%
20%
*41 %
59%
6%
17
*36%
32%
*107%
100
100
Eastern
13%
90% Mar
10
com
Peoria
Nov
x48% Mar
Lowest
50
Peoples Drug Stores Inc
Peoples Gas Light & Coke
&
9'A
27%
13
X8
60
33
20
6
7
17%
*36%
*27%
16% Jan
36% Feb
6%
*17
*32%
•41% Feb
4
7
17%
36%
7
Jan
35% Jan
7
17%
*36%
1
Nov
1,100
37%
29%
Co
17%
10,200
42'A
2%
37%
29%
25
Light Co
5,500
18%
29%
Corp com__No par
45%
Dec
16'A
104
37%
___5
Coke Corp
Jun
Jan
*2
16 "4
*102%
37%
No par
Nov
29
2%
16%
104
37%
No par
13%
8
2
16%
38
No par
Glass Sand
5%
2%
167 a
37%
common
Penn-Dixie Cement
Penn Power &
2
16 %
37%
prior preferred
Coal
2
16%
7
2.50
Penney (J C) Co__
Penn
2
16'A
7%
37%
Co
Ford
&
*43
1
16%
7
200
0,300
No par
Proof
Coal
conv
Penick
16%
1
Consolidated
32
Feb
104%
18%
Oct
Nov
104%
*102%
Dec
9
*104
4
19
43
43
Paraffine Cos Inc common—_No par
4%
convertible preferred
100
Paramount Pictures Corp___
1
2%
Jan
43
7'/a
38%
Jun
43
10
*18%
1
Jan
x6
36.900
42%
Jun
23% Mar
20,100
43
1%
47%
'A
10%
4%
x43
24'A
Aug
2,400
43%
Panhandle
22%
5,600
42%
24
20%
3 %
37%
4%
Panhandle East Pipe L com—No par
4% preferred
100
104%
230
3'A
36%
19
9%
4%
3 Ve
37
10 V8
13
Oct
3%
36%
9%
16
Dec
4%
3%
4%
43% Feb
17%
147
18%
106% Jan
101
146%
10%
6
&
147
19%
13
Prod
800
560
146%
*19
Jan
Jan
4%
2,700
104%
*30'A
-■
19%
Jan
7% Feb
4%
52%
30%
104
38%
3'A
38
52%
30%
104%
10%
34
1
3%
53
30%
104%
BIRTHDAY
10
104
11
146
38'A
38
WASHINGTON'S
700
14,300
*19
Dec
5% Feb
146
52%
104%
70
23
33%
33
10%
Dec
Apr
104%
146
3%
*JU7c
31
31
*22%
19%
38%
Dec
'
53
30%
104%
32
22%
33%
10%
104%
8%
52%
22%
33
*18%
Jun
Jun
4%
53
*31
••
300
680
8'A
54
1
Inc
Dec
Jun
3'A
38
30%
31 %
12
9
*51%'
Transp.__5
Airways
Petrol
95'A
5%
52%
30%
104'A
36
15'A
53
.,
100
Packard Motor Car
Amer
53
32
No par
Pacific Tin Consolidated Corp
Pacific Western Oil Corp
Pan
32
22%
preferred
Pan-American
*31%
33'A
54
12
9
54
22%
Pacific Telep & Teleg com
21
9
*51
33%
*51
12
9
54
33'A
Pacific
7
12
12
9
*51
*31'A
10
9
*11%
9
*22'A
20
Jan
12
54
10
Jan
4% Jan
8%
*51
25
Jan
3% Jan
*11%
8%
No par
33
42
11%
non-cum
Corp of Calif
Electric
&
55
6%
*8%
No par
104% Jan
4
n%
10
common
non-cum
Finance
34% Jan
27'A
54
preferred
2nd preferred
*31
21%
59,200
600
8,900
150
31%
200
21%
1,300
100
300
Year 1949
$ per
10 Va
Jan
15 Va
Nov
11%
Jan
11% Jan 25
12% Feb
16% Feb
20
18
14% Jan
1
Par
13
16
Real
1
3
Jan
Jan
Reeves Bros
7
4V4
Jun
Jan
6%
Jun
50
Aug
8%
Dec
9%
•
Jan
60
Nov
9
100
Remington-Rand common ______50c
$4.50 preferred
25c
13
14% Feb
Feb
14
13
Feb
Conv
2
5% Jan
25
11
Reo
5% Jan 30
10
Dec
4% Feb
9% Jan
13
11% Feb
Jun
27%
Jan
23% Jan
13
26% Feb
24
13
108 Va Feb
21
18%
Jun
Sep
Jan
Jan
14% Jan
3
17
Feb
99% Jan
18
101
Feb
14
7
Rexall
13
22% Feb
6
Reynolds Metals Co com
3
102 »/2 Jan
20
Jan
4%
Jun
10
Dec
9% Jan
34%
Jan
39%
Oct
37% Jan
42% Mar
85Va
Jan
102%
Jan
13 Va
Jun
40
24%
Jan
42'/a
Jun
21
Jan
98% Feb
23
107% Jan
10
19
Jan
13
21% Feb
3
15
Mar
5%
Jan
37% Feb
14
42% Jan
16
Feb
16
18
4V2 Jan
3
Dec
21
''
3
20 y8 Jan
<
4
50
9
Richfield
Ritter
12%
Dec
12
Jan
13
14% Feb
9
31
Dec
30 Va Jan
13
35% Feb
36
Jun
68%
Dec
60% Jan
13
96%
Apr
10 Va
Jun
16
39%
67% Jan
5
Jan
12
3
19% Feb
1
J an
12
i6 y2 Jan
104
Dec
104
19%
Nov
Jun
21%
Dec
Jan
3
22% Jan
Apr
61% Nov
54% Feb
15
58% Jan
8% Sep
12"% Mar
10% Jan
3
33 Va
x20
12
Jan
18
9
31
Dec
29 Va Jan
13
36%. Feb
9
113%
Feb
112% Jan
7
113% Feb
21
35 Va May
48 y2
Jan
Feb
15
41% Jan
10
-7%
12%
Jan
10% Feb
14
Jan
9
16V* Jan
109% Apr
Jun
31
Jun
Jun
78
Jun
131% Dec
100% Nov
.
,
43l/4 Jan
43"% Dec
87
38
128
98
Jan
3
26
Jan 24
,12%
21
Jan
5
100
.<
15%
15%
2,700
Mines-
Inc
20
-_
com—l*
Rohm & Haas Co Common—,.
"4%
Ruppert
1
18%
19
22'/a
* *54%
22%
55%
5
..—100
-_—10
common
5%
preferred
Joseph Lead Co,
St L-San F Ry Co bom vtc
St
Preferred; series A 5%
Louis
5%
Southwestern
11%
vtc__—100
22%
22%
100%
101 %
11%
11%
11%
11%
11%
•7,100
38%
38%
38%
38%
38%
39 %
6,600
*47
49
*20%
98%
20%
38%
38%
16%
16%
17
5%
5
14
14%
64%
'
'
5%
22%
22%
22%
*54%
55%
*54%
1,000
14%
4,100
35 Va
900
"64%
10%
10%
10%
*102
55%
11%
10%
34%'
35%
18%
22
34%
'19
•22%
113%
113%
113%
38%
38%
38%
38%
22 Va
11%
11
11%
10%
'11
48
47%
'
48
155
160
165
100
100
47%
165%
*99%
100
11
'
34%
113 %
7,500
48%
163
163
340
3.400
ll'/a
47%
165
9,000
39
10'/a
<
102 %
2,400
35 %
113 Va
'
2,000
56
X38%
48
163
*100
1,800
22%
10%
113%
500
•19
*55
'39
*113
64 %
104
18%
*34%
34%
.
113%
38%
153%
1,400
22%
35 Vs
104
55%
*
7,600
2,800
•
"14%
65
102
22%
47%
48
17%
37
64%
19
.
800
500
39%
5%
14 Vb
14
*35 %
104
19
38%
22%
" 100
250
20%
*.17%
5%
22%
36 VA
*102
.
98%
-
22%
*35
'70
106
20%
•
1,400
'
49
98%
106
20%
100
153
'**97%
;
39
*64%
*47
-49
106%
20%
22%
■
';i
98
'106
5
165
*47
97%
107-yi
97%",
w
11%
-
24,700
22 %
100%
19
"-34%
-
11%
47%
Ry Co___100
100
35%
6%
22%
22%
38%
"110
J100%
14%
11
3,000
?9%
*54V2
113%
38%
No par
preferred
non-cum
35%
5%
5%
200
.16%
101
100%
107
104
*100%
Si,
19 "
10% .10%
*113
5%
103
16%
16%
101
11%
36 -
*64 Va
*102/;.
109%
16%
191
5%
108
13,100
100%
22%
22%
64 y2
104
,
99
*108
16 %
101
5%
5%
5%
*35
64 %
5
Safeway Stores
33,000
10%
97%
14
35%
*103 Va
(Jacob)
26%
38%
.14%
1
Royal Typewriter—
Ruberoid Co (The)
26'%
*16'%
14%
20
Ronson Art Metal Works Inc
25%
16%
*34%
"
100
A
i;ioo
26
*100%
107
-
200
22,200
4%
39%
5
'I
,
11%
20%
,22%
_No par
series
preferred
5 Va
7%
7
4%
20%
22%
25
preferred—'—1
conv
38%
16%
5y4.
,
"
2,600
'
7 Va
ll'/a
38%
16 -
20%
38%.
16%
—
.
60,300
"
<•
10%
4%
"
107
14%
89
11%
16%
101
*971/4
14%
10%
4%
-
108%
97%
100
-2,400
60
*87
10%
7
23%
22%
22%
*100% 102'"
12
11%
38% >38%
47% /' 47%
' 49
*58
14%
10%
V
..
10
0%
39
*87
■'
/
•
81
26
*25
:
60
14%
BIRTHDAY
'
.
<7%
"
ll'/a
26%
:i07%
20%
WASHINGTON'S
*
%
6%
5
108 Va
....
8
25
11
26 Va
16
101
5%
38%'
*97y4
^
Copper
Mills
*4%%
St
600
15%
11
*107
11%
*47
1
*107
1
Co___
Robertshaw-frultom Controls
■
16%
V 4%
108 %
5%
38%
Corp—%——No par
No par
Antelope
Bobbins
48% Jan 10
165% Feb
Oil
Company
Roan
11
105
Manufacturing
9
Jun
lb%
G%
7 %
26
16
5%
.
'
100
11
Jun
7%
101
100
Jan
21
26%
108%
'
5
15%
*100%
10
-l
i__:
7
11
26%
*107
10
series—I
7%
4%
1
4.50%
14%
11%
10%
22%
3.60%/series
Rheem
17
Shares
12
*11%
%
-0
*58
89
10%
4%
100%
Preferred
14%
89
11%
10%
100%
11%
Preferred'
14%
90
11 Va
4%
*22%
Common
j
.
•»
*10%
No par
5% Jan
24 Va Jan
2.50.
Inc__
•
'
convertible preferred:.—-100:
Reynolds Spring Co
Reynolds (R J) Tob class B
10
5
16
Jan
Jun
7
Jan
47% Jan.
Dec
15 Va
39% Jan
Drug
15y2%
20
94 y2 Jan
Aug
108% Nov
21 Va Dec
x3%
Feb
12
106
43ep
98
31
25
6% Jan
1
50c
10
Steel Corp com——No par
6% conv prior pfd series A'—100.
Revere Copper & Brass com—No par
5Va%. preferred ,■
—100
5 Va Feb
100
Feb
Sales for
the Week
$ per share
12
"/a
25
CLOSED
60
6%
•
7 Va
■
*58
14%
11
6%
■
20% Jan
Dec
-
*7%
EXCHANGE
9%
90
91
10%
9%
60
*58
STOCK
26
"25
10
9%
14
13%
*90
Republic
20
Jan
23
103%
$1 convertible preferred—
4
Dec
6%
4ya Aug
103
Jan
—».
Pictures common
Republic
1
*11%
8%
*7%
8%
26
*25
9%
60
-1
Corp
*7%
26%
9%
:
Inc——
Republic Aviation
7y2 Febb 24
Jan
Corp
Co common
pfd 3%% .series
Motors
10
preference-
div'prior
$1.25
Reliable Stores
20
92
13
Dec
8%
*58
20
Jan
'
*7%
60% Feb
Jan
98
15 %
5
Jan
16%
15 %
Jan
10% Jan
110
*15%
*25
11% Jan
100
15%
No par
5
85
Jun
*15'/a
Reliance Mfg
Jan
Jun
15%
7
Dec
Aug
15%
11
Nov
10%
—50c
Inc
share
(Robt) & Co—
17
12%
91
i
Feb
2y»
91 %
16%
9% Jan
5%
17
11%
*16%
11
12 Va
4%
*11 %
16%
25 y2 Feb
90
8%
12
13%
*11%
Friday
Feb.24
Feb.23
$ per
share
16%
3
Apr
6% May
4% Jun
$ per
share
12
9
Jun
8Va
73
Thursday
Feb. 22
*11%
'6
58
$ per
$ per share
PRICES
Wednesday
*16 %
Feb
Jan
SALE
Fob. £ 1
5
Co
8% Jan
7
22
Jan
27
HIGH
Tuesday
Feb. 29
$ per share
Monday, February 27, 1950
No par
Hosiery Mills com
Bit
Reis
18%
Silk
Reed Roller
AND
Monday
Feb. 18
$ per share
$ per share
$ per share
13% Apr
23% Jan
16% Oct
LOW
Saturday
STOCK
EXCHANGE
Highest
Lowest
YORK
NEW
Range Since Jan. 1
<
Highest
share
CHRONICLE
STOCKS
Range for Previous
Lowest
FINANCIAL
&
COMMERCIAL
THE
(862)
4,300
/ 200
■
102 %
*100
80
'
6% Jun
77
July
9%
87
7% Feb
14
9
Jan
9
86% Jan 24
Jan
May
90
Feb
7
,9%
Jun
12% Jan 13
17% Feb 24
22 Va
Jun
31%
Dec
30% Jan
34% Jan
46 y4
Jan
70
Dec
66
Feb
90
Jun
98
Nov
94
Feb
96
Jan
4
xl03% July
108
Oct
105% Feb
107
Jan
10
91% Mar
84 y2 Jan
87% Feb
23
Feb
21
78
Jun
94%
Jun
13%
Dec
104%
Oct
s
104
3
11
70% Feb 21
109
Jan
12%
Jan
13% Jan
3
14% Jan 30
83
Jan
91'
Sep
86 y2 Jan
5
90
Feb
10
13 Va
Jun
21%
Dec
20
Jan
3
25% Feb
18
47 y2
Jun
62
Dec
60
Jan
3
69% Feb
10
16%
14
Jan
St Regis Paper Co common—
1st
pfd 4.40%
5
series A
Savage Arms Corp
$3.40 preferred-
No par-
.-
Mfg Co
4.30%
No par
;—
$4 preferred
3.65%
pfd
ScraAton
Elec
3.35%
100
(The)"com
Co
5%
Jan
19%
Sep
19 y8 Jan
3
21% Feb
Seaboard
Finance
36 Va
Feb
56
Dec
47%! Jan
25
52% Jan
7
Seaboard
Oil
5%
Jan
Dec
10 Va Jan
31
14% Feb
8
Jun
Dec
41 y8 Feb
15
44% Jan
9
9%
Jun
16%
Dec
15
Jan
3
16 Va Jan
11
4y8
Jun
6%
Jan
5% Jan
3
6% Jan
10
6%
Jun
11%
Dec
10 % Jan
3
13% Feb
1
Jun
101%
Feb
92
Feb
17
94% Jan
11
77
2
Sears
24 y2
Jun
Roebuck
Co
of
70 %
*109
87
14%
14%
90
24%
25
68 %
68%
68%
&
YORK
31V2 May
24% Feb
14
28 Va Jan
4
37%
Jan
25% Feb
16
28% Jan
12
Sharon
38%
Dec
37 y8 Jan
13
42% Feb
23
Sharp & Dohme
14
106 y2 Feb
20
$4.25
10%
oct
9% Jan
3
11
Jan
11
15%
Dec
15% Jan
7
21% Feb
8
Sheaffer
30
Jun
40%
Dec
34% Jan
25
38
9
5
Jan
7
Oct
6% Jan
13
4%
Jan
2% Jan
3
22
May
13
Oct
27% Nov
36% Jan
26% Jan
28
30 Va Jan
6
18%
Jun
24%
Sep
21% Feb
97
8% Feb 21
3% Jan
29% Jan
33
12
9
Jan
25
15
24 Va Jan
9
3
Silver
King
500
42 %
42
42%
42%
42%
42%
42%
42%
43
16.600
15%
15%
15%
15%
15%
15%
15%
15%
16
6%
6 l/8
12%
12%
93
*92
92
92
25%
26%
25
26%
-No par
42 %
42 %
41%
42%
42%
106 %
10%
Coalition
106%
10%
19
*18%
35%
1
35%
35%
TV's
7%
7
3%
106%
7%
3%
5
3%
3%
*28%
28%
28 %
31%
*30%
22 %
22%
31%
22 %
Sinclair Oil Corp__-
22%
No par/
21%
Nov
31%
Jan
22% Feb
24
25
J an
12
Smith
83% May
95% Jan
88%
Feb
84% Feb
7
85% Jan
11
(A) & Sons Carpet Co 00m—20
3%%
preferred.
100
98
Jan
4
102
Feb
23
4.20%
4
18
Feb
17
Co
15
Sloss-Sheffield Steel & Iron_i
107
20
Corp___
108%
23%
10
108
23%
23%
25 '/a
25%
3,500
27
27%
4,500
42%
42%
42%
3,900
'8
106%
*106'%
106%
200
10%
10 Va
10 Va
1061
19
3 Va
7%
BIRTHDAY
7%
7%
7%
11,400
3
3
28 %
28%
28%
30%
30 ^ ■•>
22%
22 %
22%
110%
108 %
23%
23%
85%
109
23%
*30%
30%
23%
*23%
23%
•' ,*84%
85%
*84%
85%
85%
85%
—1—100
*100%
i01%
*100%
101%
101 %
101%
102
17
Smith & Corona Typewr.iters_No par
17%
17%
16
"16%
109 % Feb
17
Socony Vacuum Oil Co Inc
1
15
Solvay American Corp 4% pfd—100
17%
16%
*108
109%
4% Jan
12
South Amer Gold & Platinum!
Oct
3% Jan
3
Dec
9% Jan
13
11
Jan 28
1
4
109"
"3%
4
109
•
*
4,500
2,000
4
109
100
22%
22 Va
21,600
109
4,400
23 3
4
25%
1,500
20%
30%
■400
23%
22%
23%
500
85%
*85 %
85%
102
*101 %
30
102
20
17%
xl7%
17%
900
16%
16 Va
16%
31,900
*108%
109%
103
4
3%
10%
28 3
30%
31
16%
109
109
3%
10%
4
..
3
2%
28%
*30
23%
*17
4
17%
16%
109
17%
Jan
17%
16
4%
100
3,500
31
16%
800
19
%
3C %
*23%
~
18
35 %
23%
preferred
*
35%
*23%
'
Shares
share
35%
WASHINGTON'S
*30%
Sales (or
the Week
S per
25
*18%
8 V8
30%
.'
27
22%
23%
Friday
>:;
10%
*
STOCK
35%
*30%
'31
*30%
Feb.
CLOSED
107
109%
70
Feb. £4
Thursday
EXCHANGE
28%
*30%
22%
92
42%
19
3
28%
*31
_No par
92
25
10
35%
7%
93
26%
25 %
26%
42%
106%
10
35%
8,300
$ per share
share
*18%
19
NO par
Mines
& Steel
Smith
20
106%
*10%
15
5
Jan
10%
19
*108
S per
$ per share
$ per share
12%
5%
FRICES
Feb. 22
24%
1
SALE
Wednesday
26%
No par1
HIGH
Feb.21
25
23
106
AND
1.200
12
6
*92
Tuesday
27
__No par
93
800
5%
12%
12%
Feb. 20
26%
Co_
12%
*92
24%
G)
29%
6
6
12%
Monday
18
$ per Share
1
21
Dec
6
6%
12%
6
12%
_No par.
Pen
20%
*45
'
LOW
23% Feb
10%
300
15%
33% Jan
107%
67 %
42
110 Va Feb
97% July
3% Jan
*66
1,900
3
14
67%
1,500
13
Feb
67%
14
29 % Jan
16
67%
20%
20 % Jan
Oct
5,400
67%
1,500
48 %
Dec
17%
140
24%
20%
Dec
Jun
91 %
,24%
43%
Jan
14%
"90%
24%
*1.3%
33 Va
14% Jan
14%
90
24 %
13%
22%
Jan
*14%
90
24%
48%
127%
17%
14% / 14%
92
24%
13%.
Jun
Jun
J4 %
*89%
,
14 VB
Jun
10 y2
80
48%
Jun
100% Mar
108
20%
Feb.
preferred
(AO)
*107
109
14
Saturday
Co__
Skelly Oil
107
20%
19
Jan
109
60
48%
16%
100
40
14
STOCK
common
A)
Simonds Saw
87%
*86%
20%
Corp
Sheraton Cofp of America
Simmons
10
87%
48%
1
Corp_.
(Frank
(W
*
14
Shell Oil
Jan
Shattuck
94%
106 %
20%
Oil & Gas
cum
Jun
*94
*105
48%
Par
Apr
600
94%
106 %
14
EXCHANGE
Steel
19,000
26.000
70%
87
87
14%
14%
90
17%
32%
20%
No par
Shamrock
109
110%
16%
31%
*69
105
94%
*
106%
*86%
69%
60
48%
$ per share
$ per share
$ per share
94%
17'/a
32%
12,700
20%
$4.50 preferred—
NEW
'
16%
32%
x69 %
8
88 %
48 %
1
Highest
►105
7%
*87%
*13%
^1
common
Range Since Jan. 1
Lowest
Highest
17
94%
105%
25%
*67%
_5
8%
Jun
33
70
90
25
No par
Inc
J 6%
32%
8
88
No par
Del
Co__
11%
2%
14%
Refrigerator Co
Seiberling Rubber Co
Servel
112
*89%
100
Seeger
105% Feb
21% Aug
22% Jan
*86%
*108
16%
STOCKS
Year 1949
$ per share
86%
94
7%
88
5
Co
Range for Previous
Lowest
105%
86
R
88 %
33 Va
94
94%
106%
_5
Seagrave Corp
33%
11%
44 Va
*70
94%
No par
preferred series A
32%
70%
7%
88 %
-
70%
16%
32%
100
preferred
Seaboard Air Line com vtc
90
*105%
100
preferred
16%
.
32%
*69%
„
No par
8%
8
*88
91
16%
1.75
7%
.
*80
5
Schenley Industries Inc__
Scott Paper Co common
Scovill
7%
l_10o
4
300
3%
3%
2,600
10%
10%
10%
17,900
52%
52%
*51%
73
'73%
73 %
73%
700
12%
,12%
12%
12%
2,300
39%
39%
'
7%
40
Jan
Mar
52%
Oct
51 % Jan
11
53
Feb
10
53% Mar
71%
Dec
68
Jan
16
75 Va Feb
3
South Carolina
<5%
E & G Co com—4.50
preferred
5%%
conV
1
s
10%
10%
10%
10%
„__50»
*52
54
*52 '
54
1
:
preferred-
*73%
76
*73%
75':
50
*52%
73%
54
10%
"'
.
.
73%
,
54
200
'
11
26%
Feb
14%
Apr
11% Jan
4
14
Jan
12
23
40
Nov
36 % Jan
3
40
Feb
36%
Jan
45
Aug
40
Jan
4
45
Feb
1
29%
;
'
Oct
Jan
35%
Nov
34
Jan
13
35% Feb
10
Southeaster^ Greyhound Lines—5
South Porto' Rico Sugar com_No par<•
8% preferred
L
—__25
Southern California Edison——__25
12
Nov
11% Jan
3
13 Va Feb
24
Southern Co
10% Sep
r'28% Jan
Nov
Jun
Jun
41
;
37% Jan 20
49% Jan
3
54% Feb
21
Southern Pacific
Jan
51
25%
34% Jan
Dec
36%
32%
32% Feb
11
38 Va Jan
12
Southern
57% Feb
9
5%
Feb
9
Mobile & Ohio
13
57
57%
*56%
57%
57
57%
56%
*62
66
*64'
66
*64
66
64
1
*12%
13%
12%
13
13
13
13%
13%
No par
1
8%
8%
8%
"S3/-*
*67
10%
Jun
Jan
11% Jan
5
13% Feb
14
Spalding (AG)
6%
Jan
4% Jan
3
10% Feb
15
Sparks-Withington Co
5 Va Jan
4
7
Feb
18
Jan
3
70
Jan
23
preferred
& Bros Inc
Spear & Co common
$5.30 preferred
—No par
—
.
Feb
26
Oct
23% Jan
6
25
Feb
24
Spencer Kellogg & Sons
22%
Jun
29 Va Mar
25% Jan
3
28% Feb
24
Sperry Corp
Jun
10% Mar
9
Jan
3
10 % Jan
12
Spiegel Inc
68
Jan
23
Feb
24
72
Jan
71%
18 Va
Dec
16
Feb
16
18% Feb
24
Feb
37%" Dec
34
Jan
13
37% Feb
24
Apr
Apr
107
17 Va
82
Jun
92
Apr
100
18%
Jan
Dec
106 Va Jan
25
$4.50
preferred
7
3
Standard
$3.50 preferred
No par
Standard G,& E Co $4 pref__No par
$6 prior preferred
No par
$7 prior preferred——No par
31
47% Jan
3
61 "Va Feb
92
10
Jan
143
Dec
140
Jan
26
152 Va Feb
9
159%
Dec
152
Jan
13
165
Feb
10
Brands
Inc
28
9%
No par
2
Feb
3
89% Jan
52%
1
2
Feb
20% Jan
Dec
Dec
*24%
1
(The)
common
23% Feb
108
22% Nov
6%
%*67 :
7
„
5 70%
"
8%
7
70%
'
8%
8
70%
24%
24%
24%
27%
28
27%
7
■
*6%
*67
13 %
39,100
•
100
36
36%
3,600
52 3 4
52%
53%
19,900
34%
35 V8
5,700
57
56%
57
1,400
64
*64%
66
34%
8%
*65/«
*67
4,200
35
x52%
'
34%
35 %
i 8%
1
7
70%
13
8%
6%
*67
100
13
800
8%
39,100
6%
,800
70%
'I
Square D.po
5
Squibb (E fj) & Sons common
1;
$4 preferred
iNopar
Jan
98 Va
109
Conv
-
.
21
Jun
*36%
100
3
13%
x36
stock tr ctfs—_100
36%
*53%
44
.35%
13
54%
13
64
13
36%
-—.No par-
2,100
*43
35%
53%
34%
Jan
*23%
35 %
36%
Jan
6%
40
*43
37
60
60
12%
-
;
; ■ '
53% .'
35
54
Oct
13
13
39%
-
.
44 %...
34%
Feb
May
12%
12%
39%
53%
Jan
5%
35%
38%
66%
13%
73
35 Va
39%
*43
37
61
Dec
35%
13
44"
,
35%
Jun
53%
39%
35 "
35 %
'
53%
Nov
non-cum
39
*43%
-45
35%
common—No par
45 y2
65
' /
35 %
Co__
Railway
56
3% May
3% July
45
13
12% *
12%
39 %
39%
(The)—».
5
Southern Natural Gas Co _____'_7.50
12%
13%
13
com—No par
24%
24%
24%
28%
27%
28
9%
9%
*70%
16%-
71
16%
70%
16%"
*36%
.
37
36%
; *108
108%
*108
.22%
23
22%
*91
92
92
60
60%
*148
163
163 %
150
59%
*146
163
'
9%
9%
70.Va
70%
70%
16%
36%
17
17%
36%
36%
9%
108%
23%
92
60%
147
163
*108 °
9%
71
24%
25
27%
27%
28%
9'/4
9%
9%
71%
70%
72
1,100
,
8,100
4,800
440
17%
108%
22%
23%
,
91%
'
18%
18
18%
12,500
36%
36%
37
37%
1,300
*108
83
91%
58%
59 Va
24%
1
108%
108
23
23 Va
22%
23'/a
91 %
91%
91%
92
59
60%
*145
147
*146
149
*161
163
*161
163
59%
*147
162%
108
60%
10
7,000
220
10,000
150
163
800
55
Jun
70
Sep
61
Jan
25
65% Jan
3
Standard
62 %
62%
62%
62 V8
62%
62
62%
62
62%
7,300
Jun
45%
Nov
42 Va Feb
14
45
Feb
3
Standard
Oil. of California—_No par
Oil of Indiana
25
62 %
36%
43 %
43%
43%
43%
43 %
43%
42%
43%
42%
43 Va
10,800
60 Va
Jun
74%
Nov
66
25
69% Jan
7
Standard
Oil
67 %
67%
66 Va
67%
66%
67%
66%
67
66%
67 Va
20,400
For
footnotes
see
page
20.
Jan
of
New
Jersey J
25
Volume
171
Number 4885
THE
COMMERCIAL
Range for Previous
Range Since Jan. 1
Highest
$ per share
20
Lowest
$ per share
Jun
27%
102%
Dec
25% Jan
TFeb
21
27% Jan
«
Standard Oil
2
Jun
20%
Dec
13% Jan
24
20
Jan
Jun
48
Dec
48
Jan
6
50
Feb
9
x27
Jun
38 %
Jan
29
Feb
23
10
July
13
Jan
12% Jan
3
35
Oct
41% Aug
36% Jan
27
100
Jan
98
Feb
Jan
33%
Dec
31% Feb
9%
Jun
14%
Jan
12
Jan
3
9%
Jan
13%
Dec
12% Jan
13
32% Jan
Starrett
5
9
18% Feb
14
14 % Jan
7
18%
Dec
17% Jan
25
18% Jan
Dec
20% Jan
13
22% Feb
Dec
26
Jan
13
29% Feb
9
6%
Feb
9%
66
Feb
8% Jan
3
10% Feb
16
Sep
95% Jan
20
97% Feb
17
66%
Oct
55% Feb
15
60 % Jan
9
Dec
Jan
16%
36%
8%
30%
Jun
41%
Dec
38
Feb
11
Dec
108 %
Dec
107
Jan
4
18
15,800
No par
64
64
27%
28%
19,600
*97
preference
;
Corp
:
Sun Oil
common—'
Co
4 % %
A
Oil
preferred—
•
Corp
10
25
4
2
4% %
37% Jan
28
8%
Jun
12
"
Feb
9% Jan
12% Feb
24
Swift International Ltd—
17%
Aug
24%
Jan
19% Jan
23% Feb
3
76%
Sep
89
Jan
83 % Jan
10
3%
Jun
5% Jan
7 % Jan
17
48%
Dec
6%
Jun
11% Jan
9
5% Jan
23
Dec
12% Feb
Co
Talcott Inc
1
% Jan
3
3
18% Feb
4
25
62% Jan
9
Texas
13
17
Jan
9
65%
Nov
Nov
15 % Jan
Co
Texas
Gulf
Jun
70%
Dec
69
Jan
3
73% Feb
17
Texas
Gulf
16%
Jun
26%
Nov
20 % Feb
16
23% Jan
9
Texas
Pacific
Texas
58%
Dec
53% Jan
36
Jun
48
Dec
44
8
Feb
3
59"% Jan
9
Sub
14
48 % Jan
6
Texas
12% Jan
31
Jun
11%
Jan
10% Jan
3
13% July
15%
Jan
14 % Jan
3
8%
4% Mar
25 %
4%
16% Jan
31
7% Jan
3
11
Feb
24
30% Jan
3
37% Feb
24
12% Jan
6
13 % Jan
17
The
Oct
12%
12%
Dec
52
Jan
13
55% Jan
18
Dec
94 % Jan
4
Jan
6
Oct
3% Jan
3
5% Feb
6
13
42% Feb
6
19%
30
4%
96
40
Dec
Jun
25%
Jan
102% May
13% Jun
107%
38
Dec
32%
Jan
&
57/a
5%
18 %
18%
18%
60%
61
18%
60%
60%
2,100
60 %
61
60%
61%
15%
15%
15%
15%
73%
72%
73
72%
73
21%
21%
21 %
21%
21 %
21%
*55%
1
*55%
22
Jan
3
24 % Jan
105% Jan
14'A Feb
Nov
Jan
5
106'A Feb
16% Jan
43% Mar
25
36 % Jan
5
34
Jan
55%
55%
56
55%
55%
55%
56
45
45
45%
45%
45 %
45%
11%
45%
11%
11%
11%
45%
11%
11%
1,000
11%
11%
11%
11%
15%
15%
3,600
10
10%
10
10%
10%
11
36%
37
36 %
37
37
37%
$ per share
$ per share
$ per share
Jan
16%
Dec
13
17% Feb
10
Jan
17%
Dec
16% Jan
3
19% Jan
Jun
16%
Feb
15% Jan
3
18
Feb
9%
Dec
8"% Jan
13
104% Jan
9%
108%
Aug
14% Jan
!
Oct
15%
Jan
10
Jan
Dec
102
Jan
6
8% Jan
5
103
Sep
Jan
10%
Jun
Nov
34 %
Nov
6%
Jan
Jun
29% Jan
18
4% Jan
3
36% Jan
103
4%
4%
40
39
7%
4%
'24
23%
105%
15%
15%
15%
15%
34%
34%
34%
35
34%
-
24
23%
105%
LOW
39
23%'
18%
7%
7%
53%
54%
4%
96%
4%
*39%
4%
40
100 '
1,100
1,400
-
700
£
■
2,200
40%
700
23%
6,100
23%
23%
23%
105%
*105%
15%'
15%
15%
15%
15%
5,700
34%
34%
34%
34%
3,200
AND
HIGH
Monday
Feb. 20
SALE
Tuesday
Feb. 18
Feb. 21
$ per share
1
■
105%
106
Saturday
$ per share.
co
*94
39
900
;
34%
*105%
.
STOCK
"4%
4%
39%
106
YORK
53%
96%
4%
15%
No par
J04
39%
V
39%
23%
Bearing-!-
7%
*52%
96%
*105%
V
"7%
53%
K H
4%
Thursday
Feb. 22
>
50
PRICES
Wednesday
$ per share
106
Friday
$ per share
Sales for
Feb. 24
Feb. 23
$ per share
the Week
$ per share
Shares
17%
17%
17%
17%
17%
17%
17%
18%
18%
18%
«*16%
19%
16%
*16%
19%
16%
19%
16%
Tri-Gontinental Corp common—1
16%
*16%
9%
9%
9 %
4*16%
16%
9%
9%
9%
16%
9%
100
9%
9%
9%
30,100
108%
108%
108%
108%
360
$6
No par
107%
107%
108%
108%
12%
12%
12%
12%
12%
12%
par
22%
23
22%
23
227'8
23%
;36
*35
*102%
103
103
5%
prior
Coach
Twin
conv
Co
preferred
*102%
103
9%
9%
33
150
1
:
108
36
par
$4.50 prior preferred
No par
Twin City Rap Transit com„No
par
\
STOCK
108%
5
—
Century Fox F(lm com__No
$1.50 conv preferred
No
5
9
preferred
20th
5
27
Corp
Truax-Traer Coal Co
24
Jan
4%
39%
7
53%
*94
*3%
;
18%
Jan
6
7%
18%
500'
6%
38%
18%
10'/a Jan
34% Jan
96%
18%
18%
6%
*38
17%
6
15)
54%
*95%
*18%
4%
1,460
17%
25 % Jan
16
Feb
*54
"3%
4'/a
25,900
13
13
6%
38%
600
•'A-*
19%
18
35
*7
54
96%
53%
10
18%
7%
*95%
•>'
18%
*3%
13%
6%
38%
16%
17%
12% Feb
21% Feb
18%
*7
3%
*12%
6%
39
15%
19%
3
Dec
6%
*38%
15%
2
21
Dec
4%
*18%
3%
13%
Transamerica
108% Feb
37%
6%
39
*15%
Transcont'l & Western Air Inc
5
Transue & Williams SteelNo par
3
25%
*12%
-
4
24
Jan
6%
39
13%
700
5
9% Feb
Jan
4%
*3%
4
Par
11
19%
24
39
;;
'•
EXCHANGE
Jan
32%
98%
6%
10%
—No par
$ per share
10
Feb
NEW
Lowest
11 %
98%
6 %
*38%
*12%
15%
37
Axle__5
$3.75 preferred
Range Since Jan. 1
Highest
Highest i;
9%
36
13'A
No par
STOCKS
Year 1949
15%
9%
35%
*12%
No par
Tide Water Associated Oil com
Range for Previous
Lowest
6%
9%
35
1
com
15%
*15'/a
>
1
Roller
3,000
56%
common!
preference
Timlcen
3,500
21%
45
No par
__
Timken-Detroit
16%
72%
20%
50c
common
Thompson-Starrett Co
11
16%
71%
21%
45
Thompson (J R)
—!'Hi
Thompson Products com
No par
4%' preferred
—J—100
7
3
16%
72%
21
100
Ry Co__
'
19
900
13,500
4,900
Trust—
certificates—.
6
15%
15%
*72%
—10
15%
6
x71%
10
No par
Oil
Fair
$3.50
200
5%
18%
61
Jun
95
180
5,800
61
14%
56%
14,500
83
5%
$2.50 convertible preferred
_50
t Third Avenue Transit Corp_No par
Thomas Steel Co (The)
,_i
'
22%
83
12%
12%
?
18%
Thermoid
Apr
22%
*12%
12%
22%
83
5%
6
Jun
22%
83
12%
*12%
22%
*82
18%
11
2% May
23% May
22%
83
*12%
6%
5%
15
84%
11,400
18%
Feb
34%
12%
5%
% Jan
10
11%
18%
4
11
11%
5%
40
7 % Jan
900
4,600
18%
5
19% Jan
11%
37%
5
3
3
11%
37
12%
9
4
13
11%
110
37
6%
3% Jan
Jan
36%
6%
5% Jan
7
37
11%
6%
36% Jan
17% Jan
36%
•'
900
160%
>11
6%
Oct
Mai-
12
11%
6%
Jan
9
*109%
11
6%
Jan
*
109%
11%
6%
7%
Nov
109%
*11
1,300
r-
.
82 %
6%
6
40
23
41%
t
39%
200
10%
39%
6%
Jun
Jan
10%
39%
22%
Jun
20
10%
39%
110%
82 %
,—
Land
Co
10%
%
39
23%
Mar
6% Jan
37
11%
207
83
1%
35
36%
12
209%
207
*109%
11%
36%
9,200
*203
1
10%
38%
11%
1,500
10%
210
*10%
110%
11%
59%
10
___—5
Coal
Pacific
Inc
38 %
20%
59%
10%
6%
$1.25 conv preferred
No par
Thatcher Glass Mfg Co common-^-5
$2.40 conv preference—No par
Nov
14
Dec
&
Tetion
32% Aug
Apr
12
share
210
11
109%
20
59%
10%
23%
Producing Co
Sulphur—
Pacific
210
38%
20%
59%
82 %
25
56
10%
20%
10%
——1
__
18%
*206
20%
59%
10%
_No par
(James)
Jun
Feb
4,300
20%
*59
^
com„No par
Telautograph Corp
Corp
11 %
33%
400
12
Tennessee
6
17%
36%
/'_—_
preferred
Jan
17(.
17%
IIOV4
11%
25
;
.
Symington Gould Corp
59'A Jan
NOV
*38%
*109
(The)—4.16%
Sylvania Elec Prod Inc
$4
11
—100
„
Swift
&
21*8
11
10
preferred
Sweets Co of America
*205
50
Steel Corp
Sutherland Paper Co_,
11% Feb
12%
17%
11
Jan
/. 18
*17%
59%
10% Jan
Jun
25,400
20%
34
Jun
17%
10%
Dec
Jun
17%
58%
Nov
2%
70
12%
17%
20%
Superior
1,500
119%
11%
10%
11
56
119%
12%
59%
11% Jan
56
119%
10%
Co
California
1,300
5,300
99
12
59%
of
57
64
10%
*97
*110
10c
Mining
Oil
'*55%
900
12%
12.50
Sunshine
56%
63 %
10
3,300
119%
21
Superior
20
56%
64%
10%
99
12%
12
20%
Sunshine Biscuits Inc.
10
*97
12%
*119
25
15
63 %
10%
99
12%
12%
preferred series B
*17%
63%
10
*97
56%
12%
119%
4%<%
36%
9%
12%
17%
11%
13%
55%
*119
12%
62%
10%
17%
Jun
74
57
120%
12%
64%
99
25
Feb
Nov
9%
*97
preferred series A
7%
Mar
*119
1
64%
10%
99
' *55%
100
common
18
4%%
11
Jan
10%
_No par
27%
6%
1
:
Corp
Jan
41
200
28
11 % Feb
110% Feb
12,600
27%
9
106%
1,800
17%
28%
25
14
32'A
lt%
27%
Jan
Feb
12%
99%
32
16%-i
200
28%
9% Feb
10
12%
*98%
32%
30%
28%
55
Jan
12%
BIRTHDAY
99
32%
WASHINGTON'S
5,600
99
16%
400
38%
16%
92
16%
14%
37%
28%
3
14%
92
16%
*14%
28%
Feb
Aug
32
16%
i
*29%
14%
22%
22
Jan
32
16%
20%
38%
17%
25
60
.98
32%
16%
:
21%
Jan
224
99
99
32
"
99
17%
19
3
Inc_
99
22%
Class
Jan
*98%
17%
Sum ay
195
_100
29
14%
38 %
21%
9
Dec
CLOSED
38%
12%
3
Dec
14%
28%
21%
14
Sep
*14%
38%
17%
18 % Feb
12%
EXCHANGE
15
38%
12%
12% Feb
60%
29%
15
38%
300
50%
21%
14
227
*28%
14%
38%
*50
4,200
17%
30
Feb
30
°14%
50%
6,900
19
18
25
Jun
*50
19
"
,
12%
10 % Jan
7% Mar
127
STOCK
19
■
22
16% Jan
Sep
50 %
18%
Shares
26%
101%
21 %
11$% Jan
21%
*49%
50%
18%
26%
*100%
*17%
Jan
Jan
*29
18%
26%
101
21%
Dec
xl22
30%
101
Sales for
the Week
Sper share
21%
17%
Jun
*29
*49%
,
26%
101
share
*17%
11%
122
50%
26%
101
19
$ per
20
prior
Jun
'
18%
26%
102
Friday
Feb .24
Feb. 23
S per share
5
Sun
Oct
96
19%
per share
26%
*101%
Thursday
Feb. 22
No par
5%
July
9
15
& Co
26%
PRICES
Wednesday
—_1
Inc
Stone & Webster—
Studebaker
Sunbeam
Jan
117
(J P)
10
Feb
,
Stores
26%
SALE
Feb. 21
$ per share
102
HIGH
Tuesday
20
.
(863)
Chemical Corp common
1
$4.50 series A preferred
No par
24
23
Bros
Stewart-Warner Corp
5
Stokley-Van Camp Inc common—1
4
21%
52%
S——No par
—15
34% Jan
.
Feb
90
L
Stevens
4
Jan
13
(The)
19
*50
Sterling Drug Inc common..;
3%% preferred
99% Jan
6
45% Jan
Co
1
_50
common
preferred
Sterchi
Feb
Dec
Spring
10
15 %
52
Steel
28
16%
Jun
26%
*101%
convertible
Feb
$ per share
Ohio..common—10
Standard
4%
of
AND
Monday
Feb. 18
Jan
15
12%
28 V2
Saturday
39% Feb
21
24%
.
preferred series A______100
3%%
3
40
Jan
CHRONICLE
LOW
STOCK
Par
10
102'A Feb
12 r
94
YORK
EXCHANGE
.$ per share
4
101
NEW
Highest
4 per share
Oct
96% May
FINANCIAL
STOCKS
Year 1949
Lowest
&
9%
*32%
33
5
9%
33%
5%
5%
EXCHANGE
CLOSED
12%
BIRTHDAY
xll%
12%
5,500
23%
23%
7,000
'35 %
WASHINGTON'S
103
12%
23%
'35%
103
103
9%
9%
9%
32%
.32%
32%
5%
5%
6,800
23%
35%
4
15,400
5%
5%
*36
i
33%,
5%
36%
*102
9% :
103
6p0
400
9%
,
9%
1,100
*33%
33%
270
5%
5%
3,200
U
Jun
10%
Dec
10
39
8%
Nov
46
Jan
10%
Feb
12%
Apr
19%
Jun
31%
Jan
'
33%
107
'94
Jun
45%
Jan
.
112
Dec
Aug
Jan
86%
96
Nov
Jan
"
94
Aug
Feb
21
42'
Feb
12'
Jan
26% Jan
13
42
11% Jan 20
Udylite
20
44 % Jan
11
Underwood
3
.13% Jan
10
Union
29% Jan
6
Jan
13
45% Jan
9
111% Feb
96 "" Jan
2
112% Jan
11
30
90% Jan
96
Corp
(The)—
1
Corp
Asbestos
Rubber
Bag & Paper Corp
Union Carbide & Carbon
Jan
30
$3.70
series
30
92% Feb
24
Preferred
$3.50
series
24
103% Feb
21
Preferred
$4 series—1—
Preferred
42%
No par
*97
27% Jan
5
Union Oil of California
88 % Jan
9
23
10%' Jun
3
25% Jan
13
3
Oct
13% Jan
25
14%
34
Feb
10
Union Tank Car
28% Feb
24
United
110
Jan
18
5%
16% Feb
24
Aircraft
United
•
convertible
Air
61%
Jan
85%
Oct
80% Feb
7
Feb
31%
Dec
30% Jan
26
32% Jan
5
Jun
106%
Dec
106% Jan
3
109% Feb
24
Jun
9%
Oct
9% Jan
28
United
Board
11
United
Carbon
4%
-
8
iJan
3
86'% Jan
29%
Jun
38"%
Jan
34
Jan
25
37
29%
Jan
40
Dec
40
Jan
17
49
2%
Jun
3% Dec
3%
Jun
45
Jun
4%%
United
Feb
17
3% Feb
14
4
Jan
12
United
44% Jan
3
49
Feb
9
3%
Dec
3% Jan
3
4
Jan
11
United
9%
Dec
8% Jan
13
10% Feb
17
United Dyewood Corp
Dec
64% Jan
16
78% Feb
21
(The)
19% Jan
11
29
Feb
21
3
14% Jan
9
United
Merch
United
Paramount
Certificates
Feb
30%
Dec
Nov
27% Jan
101% Jan
25
;102%
3
105
Jan
24
Jun
17%
Jan
15% Jan
26
17
Jan
4
U
x89%
Jun
.116%
Dec
110
Jan
23
120%
Jan
9
U
175
Jan
Oct
182% Jan
4
188
Feb
17
Apr
10%
Sep
10% Jan
11
Jan
8% Jan
46% Jan
3
57
4
54% Jan
Oct
22% Feb
16
25% Jan
9
8% Jan
28% Jan
10
10
3%
Jun
9%
Dec
15%
Jun
30%
Dec
Feb
3
9
32% Feb
1
3
18
11%
Jan
16%
Oct
"7%
Jan
8%
Apr
38
Jun
49%
Jan
x43
Feb
24
52%
Jan
72
Dec
70
J an
5
For
U
footnotes
see
page
15% Jan
8% Jan
20.
18
Feb
8% Jan
49%
4
10
71% Feb
3
&
S
*108
15%
109
107%
15%
15%
85
86
86 '
*83%
31
30%
31%
30%
*108
..
No par
-*35%
48
108%:
8%
36
48
*108
*8%
36
47%
108%
108
*107%
15%
15%
100
U
S
S
&
Mfrs
108%
*108
86
31%
108%
108 %
*8%
8%
36%
x36
*47%
49%
x49
47%
48
.
48%
3 %
3%
3%
48%
47%
47%
3%
3%
3%
3%
common
Hoffman
Machinery
•
12%
*47
*75%
*17%
42%
42%
59%
60
17%
17%
17%
15,300
28%
28%
28%
6,000
13%
13
13
12%
13
20%
20%
20%
20%
20%
20%
20
20%
20%
20%
20%
20%
12,700
20%
20%
19%
20%
10,400
29%
5,300
28%
29
28%
29
105
*103%
105
.16
119
*187%
9 (A
*48
16%
120%
189
*16
119
*187%
29
9%
9%
*49%
~
28%
•
*104
>'
119%
118%
119%
189
188
188
*188
50%
*9%
*49
16
9%
9%
9%
49%
49%
23
23
23
9%
31%
31%
31%
31%
31
31
17%
18
17%
17%
17%
17%
10
*8%
8%
*8%
8%
8%
20
43 %
44
10
*69%
71
23
*
8 'A
43%
*70
23
43%
71%
22%
9%
43%
*70
16
50%
'
23
29
104%
16%
118
9%
50%
%
104
*16 %
119,
189
29
103%
16%
13
9%
Co
8,800
17%
28%
9%
Co
300
17%
9%
Pipe & Foundry
2,800
29
*22%
S
60
78
28%
No par
U
78
17%
—
No par
—1
U S Playing Card
40
3,200
18
59%.
500
13,000
21,900
77%
58%
40
300
2,800
3%
42
58%
400
1,800
10%
17%
Partic & cony class A
U S Lines Co common
*.
3%
10
42
No par
preferred.:
3%
48
18%
U S Industrial Chemicals
U S Leather Co common
4%%
*75
3%
10
*47.
25,700
21
*,103%
100
78%
48
200
20%
par
—5
49
■
800
20%
par
^20
com
13
3%
8%
36
250
21
1
100
preferred
12%
3%
8%
42%
17 %
58
17%
28%
No par
preferred
4%%
17%
28%
Foreign Securities
No
1st preferred—.
a—No
Gypsum Co
57%
17%
28%
_1
109 %
36%
3%
16%
89
109%
36%
*47%
109
31%
36%
3%
52%
30%
36%
17%
_1
16%
*86
8%
28%
Inc
*107%
8%
10
Theatres
*52
8%
13%
interest
of
16%
86
30%
48%
56%
109
86
3%
3%-
52%
30%
*47%
•>
100
without div___1
Freight Co
7%
9
Jan
S
$4.50
10
26 %
16
85
*8%
United Gas Corp
•
United Gas Improvement Co
Mar
Jun
109
31
United Electric Coal Cos__
12%
May
16,300
*108
' 15%
United
12
6%
900
28%
56%
17
27
17%
31%
27%
56%
17% Feb
12% Jan
43
31%
27%
*42
26% Jan
187
32
26%
x
Sep
k
31%
27%
26%
18
Dec
9
52
32%
26%
*32
42%
Dec
30% Jan
52
32%
27%
17%
13%
94
52
33
27%
32%
42 %
19%
3
52 "'"
52
42%
26%
Jan
52
3,600
18%
Feb
23% Jan
6,600
87
18%
July
24
26
86%
*41%
9% Mar
7
25%
86%
_5
4
7
25%
86%
*103
United Engineering & Foundry
__5
Fruit Co
No par
11
Feb
25%
86%
9%
12
19% Feb
103%
26%
3%
18% Feb
20
103%
%
25%
86%
3%
60% Feb
Dec
*103%
170
350
86%
10%
43% Jan
100
26%
3%
4
111%
86%
10%
13
111%
*97
1,700
3,800
13,600
26
77
13
-
92%
10%
40% Jan
44
92%
77%
53% Jan
"■
92%
10'%
Jan
Dec
100
*75%
Dec
112%
92%
10%
Dec
25%
*97
76%
22%
26
100
10 %
55%
Jun
%
76%
42%
Jun
*97
-
*111 %
'____
Jun
19%
100
No par
preferred
preferred;
Jun
19
43
112
common—_i
7%
14% Aug
18%
100
Fastener Corp__No par
Cig-Whelan Stores com—30c
$3.50 convertible
34%
18%
42%
111%
87%
27
United-Carr
Oct
X44 %
16
*97
42%
112
26%
Corp__10
Co„__
Sep
16% Jan
111 %
No par
:
Carton
3%
70
100
42%
*
100
preferred,
Corp
28%
43%
52
common—10
of America
3z
28
43%
32%
•
5
preferred
Biscuit
$4.50
Inc
47%
1
40%' Jun
Jan
7
3
—No par
common
preferred—
Lines
19%
103
__25
Co
Corp
28%
43
42%.
112
87
4%'non-cumulative preferred—50
31'A Jan
27%
26
Unicn Pacific RR Co common—_50
52 % Feb
106% Jan
28%
92%
9
Oct
28
103%
25
Jan
28%
91%
23
Dec
27%
103%
Jan
36%
2,000:
28%
12%
92%
25% Feb
27
2,400
42%
12%
103%
82% Jan
109%
10%
42%
12%
*91%
50
1
10%
42%
12%
*103%
Sep
Dec
10%
42%
12%
92%
Feb
Jun
10%
42%
12%
103%
Jan
30%
10%
42%
12%
92%
32~%
'20% July
10
42
12%
*103%
89%
104%
10%
42
12%
No par
51%
Jun
Apr
'
10%
43
No par
73'A' Jun
(
1
*111%
par
48
25 %
.
28%
No par
pfd $4.50 ser__No
Jan
103
12%
.No par
10%
'
43
Co„—5
Union
Un El Co of Mo
10%
.
No par
:
&;
•
"
70%
5,700
104%
104%
*15%
16%
300
117%
118%
3,300
*188
9%
*50
189
9%
50
20
800
50%
20
'
•
23%
23%
1,400
9%
9%
44
29
13%
9%
9%
9%
1,800
31%
31%
31%
31%
1,400
17%
17%
17%
17%
5,900
8%
8%
8%
8%
100
43%
*70
43%
x43
43%
2,900
70%
70
70%
200
19
20
COMMERCIAL
THE
(864)
YORK
NEW
Lowest
Highest
$ per
share
$ per
share
30
Dec
24% Jan
82
93 7a
Not
95
43
Jan
37% Jan
133
Jan
126% Jan
31% Aug
11214
Jun
25
3
20
Feb
29% Jan
96% Feb
20
3
44% Feb
10
Feb
23
.
18
133
-
46%
Apr
37% Jan
40'/a Jan
20
62
Oct
72
Mar
66% Feb
2
67% Jan
21
20'A
Jun
26%
Dec
25% Jan
13
307/a Feb
6
33%
Oct
129%
140%
Jun
Jan
139
Jan
142% Feb
18 7a
Jan
22
Jan
44%
Sep
41% Jan
4%
Feb
6'A
Nov
5% Jan
%
Jun
11%
Nov
Apr
92
Dec
8
80
10% Feb
11
Feb
24
11% Jan
9
Jan
3
95
21
Jan
6
26
Feb
43
5
11
22
4
-Jan*' 4
21
Nov
13
38%
LOW
100
Jan
10
26
27%
27%
27%
95
95
96%
*95
44
43%
43%
43
131%
132%
132
132%
131
38
38%
*67
*141%
500
30%
63,100
141%
140%
1417s
1,500
2,700
141%
141% WASHINGTON'S
22
38
2,700
21%
21%
43%
"42%
43%
*42%
43%
*5%
5%
*5%
5%
5;,A
10%
*96
preferred—No par
6
10%
*96
2
3%
50
*25%
27
*15%,
15%
3%
Feb
9%
Sep
9
United Wall Paper Inc common
4% convertible preferred
Universal-Cyclops Steel Corp
Universal Laboratories Inc
1
5%.
19%
Jan
25
%
Sep
23
Jan
25
x25
Jan
9
Universal Leaf Tobacco com—No par
*23%
156
Mar
170
Jun
161
Jan
16
169% Feb
17
7
Feb
12%
Dec
10% Feb
14
43%
Jan
64
Dec
56% Feb
23
17
Jun
.25%
Apr
20'A Feb
14
23% Jan
11
Vanadium
Jan
3
10 % Jan
12
Van
Norman
Nov
24% Feb
23
28% Feb
6
Van
Raalte Co
Jan
12% Jan
3
14% Jan
9
10%
10%
100
7
8%
68%
30%
21%
3
11% Feb
2
61% Jan 27
*66%
30%
5%
14
5% Jan
37%
68'A
5%
*5%
Feb
11
141%
37%
30
*42%
Jan
4% Feb
142
-710
43%
3% Feb
9
141%
13274
37%
CLOSED
30%
142
20
7,000
132%
133
4374
*66%
EXCHANGE
67
3,700
98
42%
43%
21%
25
11
37%
67
30
Shares
27%
21%
15
11
37%
67%
30%
132'A
*95
share
*42%
Oct
Jan
37%
30
98
42%
STOCK
27%
27
*95
98
*67
share
27
43%
Jan
4% Jan
share
Sales for
the Week
$ per
21%
17%
27% Jan
,
27%
30%
Friday
Feb1. 24
Feb. 23
$ per
21%
277/a
16
share
26%
f per
*42%
Jun
Jan
37%
$ per
68%
30%
Feb
4
$ per share
131%
12%
Jun
A
43%
44
21
2%
Thursday
Feb. 22
share
*92%
—
PRICES
Wednesday
Feb. 21
27%
1
100
US Rubber Co common—1
10
87e non-cum 1st preferred
100
US Smelting Ref & Min com—50
7% preferred
50
US Steel Corp common
No par
7% preferred
100
US Tobacco Co common
No par
7% non-cumulative preferred—25
United Stockyards Corp
1
United Stores $4.20 non-c 2d pfd—5
convertible
HIGH SALE
Tuesday
Feb. 20
S per
Par
$6
AND
Monday
Feb. 18
US Plywood Corp common
3%%> preferred series A
Monday, February 27, 1950
RECORD
Saturday
S per share
share
19% May
Apr
STOCK
NEW YORK STOCK
EXCHANGE
Range Since Jan. 1
Highest
Year 1949
$ per
FINANCIAL. CHRONICLE
STOCKS
Range for Previous
Lowest
&
3%
10%
98%
3%
22
10%
10%
*96
98%
*96
10%
10%
3%
3%
6
600
11
3,300
98%
*96
98%
3%
3%
3%
3%
21%
BIRTHDAY
37s
3,800
*
1
*168
^100
preferred
Universal Pictures Co Inc com
4%% preferred
15%
5%
15%
5%
24
5%
*168
*25%
27
*25%
27
*15%-
16
*15'/2
16
*23%
170
*168
23%
24
169
170
10%
10%
10%
10%
10%
10%
*57%
1
100
5
5
5
24
*23%
170
16
27
16
*25%'
27
*25%
58%
58
58
58
58
21%
21%
21%
10%
.56%
*23%
*168
169
300
5%
5
5
23%
7,200
24
100
170
50
10%
57
107a
5,300
*56 %
10%
57%
50
V
7%
Nov
11% May
20%
Jun
27
10
Feb
20
Jan
9.
.
Corp of America—No par
1
2.50
;
Co
21
*9%
10
9%
26
25%
*21%
9%
*25%
10
Inc
25%
Oct
20% Jan 26
22% Feb
15
Vertientes-Camaguey Sugar Co__6%
Chemical Co
2.50
•
25
Vick
22%
22%
85% Mar
97
Dec
93
Jan
10
98% Jan
17
Vicks Shreve & Pacific Ry com
100
-*97%
99%
*97 %
99 %
*97%
85% Jan
98
Dec
98
Jan
10
98% Feb
6
preferred—100
98%
98%
98%
*97
Jan
27
*97
46%
47%
Jan
10
,
13%
33'A
Jun
47
Dec
45.
91
Jan
100
Dec
99
5
Jun
11%
.
49% Feb 10
101
8% Jan
11
Va-Carolina Chemical
No par
96% Jan
11
20% Feb
24
6Vo div partic preferred
100
Virginia Elec & Power Co com—10
*82%
19%
Jun
118
Feb
115
Jan
18
20
Jan
17
July
Jan
28
Nov
33%
25 %
31% Jan
Jan
10
22% Feb
7
Jan
12
30% Feb
27% Jan 26
29 1
Jan 13
Apr
33% Oct
Jun
117
17
30
37
3
feb
8
28
29% Jan
17
Vulcan
31% Jan 11
32
Jan
30
7%
60%
Jan
55% Feb
11
59% Feb
24
Wabash RR 4%%
13% Feb
7
14% Jan
10
Waldorf
30% Jan
17
32% Feb
3
Jan
11
105 % Feb
17
4%
Jan
13
Feb
24
Walker
7% Jan
4
9% Jan
10
Walworth
45
Jun
12
Jun
147a .Sep
Jun
31%
Nov
May
105%
Oct
103
Dec
Jan
31
11
pfd
Visking Corp (The)
Apr
Apr
Mar
100
25
25
_25
5
20
-20
Virginian Ry Co common
6% preferred
30'%
30
com
$5 preferred
Va Iron Coal & Coke 4%
32
23% Mar
100
-
27
113%
23 %
47
-
18
79
Dec
32%
5
preferred
Jan
Jan
20
Dec
3%%
6"% Jan 27
118
Jan
Jan
Victor Chemical Works common
18% Jan
Jan
Jun
15%
14%
23
non-cumulative
*99%
7%
82%
26
Jan
5%
13%
13%
—
T
Detinning Co common
preferred
13%
13%
47
'
*98%
100
7%
-
83
19%
*115% 116
*21
22
*29% 30%
30
30
37
37
*29
30
*32%
34
*21
p
*29%
29%
37
*29%
*32%
•
1.000
4,200
13%
13%
13%
13%
13%
3,200
22%
*97%
99%
*97
100
*98%
7%
..
37
30
34
7%
7%
21%
*98%
99%
*98%
"22
2,000
99%
101
10
46%
47%
*98 %
46%
100
99%
7%
7%
1,000
7%
6,800
86
86%
85
85
84
7 84%
1,300
20%
20%
*20%
20%
20%
47,600
Xll5%
115%
116
'
46%
22%
101
19%
,
,
116
22
30%
30
116
9%
26%
*98%
87
2,200
9%
26%
*46%
20
21%
10
26%
101
47%
7%
7%
21%
21%
*9%
24%
9%
22%
22
100
82%
19%
'-A.-
.13%
22%
22
20%
21%
25
9%
25
115%
116
21%
29%
29%
116
140
22
*21
22
29%-
29%
*29%
30%
300
29%
29%
29%
29%
2,000
"37
37
*21
217/8
29%
30
37
37
50
37
600
*36%
*29%
30
*29%
30
*29%
30
*33
34%
*33
34 %
*33
34'%
597a
*59
W
25%
101
33
21% Jun
6%
9%
Jun
Jan
Jun
17%
Dec
16
Jan
x87%
Jun
101%
Dec
97
Jan
16
9%
Jan
16%
Deo
13 7A Feb
35
14
xl2
18%
30%
Jun
3
29% Jan
Dec
19% Feb
1
Jan
21
16% Jan
24
102
3
38% Feb
6
14
Jun
22%
Jan
15y4Feb
14
18% Jan
9
237a
Jun
25%
Dec
24y4 Jan
28
25 y2 Feb
15
Jun
14 y2
Sep
13% Feb
24
15% Jan
9
16%
Feb
24%
Dec
20% Feb
21
24
Jan
11
11%
Apr
17%
Nov
14
Feb
14
16% Jan
7
3%
Jan
6%
Oct
5% Jan
3
6% Jan
12
11%
59
*58
59%
*58
No par
*14%
147a
*14 74
14%
*14
No par
31%
3174
317s
31 7B
31
100
*104%
10574
10474
10474
104%
No par
33%
33%
33%
33%
337a
No par
87a
8 S/8
874
8%
preferred
G & W
Co
Ward Baking Co common
5%%
3
23% Jan
18
23% Feb
24
West Indies Sugar Corp
West Kentucky Coal Co
27% Feb
24
West Penn
Electric Co
Nov
lllVa Jan
18
114
Feb
24
West
Power
Sep
Jan
109
Feb
20
109% Feb
7
4.20%
Dec
107% Jan
13
108% Jan
7
4.10%
preferred series C
Jan
13 y4 Jan
4
16
Feb
18
Jun
17%
50%
Dec
46
Jan
25
51
Jan
3
May
108%
Jan
108
Jan
4
110
Feb
14
* per
$ per share
NEW
Highest
share
Dec
7% Jan
13
9% Feb
24
32% May
41%
Dec
x39% Feb
16
44 y4 Feb
3
Feb
16%
Deo
16
Jan
3
19% Feb
21
Sep
33%
Dec
31
Jan
3
35% Jan
26
217a
213A
217B
22
22
21 %
22
22
23%
11,500
27%
22,200
pfd—100
100
100
:
15%
4874
*109
15%
15%
4,700
48%
477B
48
48
48
4874
3,000
*109
110
Feb
20
43% Feb
14
July
89 y4
Jan
23% Mar
32%
12% Jun
16%
112
112
Feb
20
49 y2 Jan
5
Jan
81
3
87% Feb
24
Dec
30% Jan 13
37% Feb
24
Dec
15% Jan
16% Jan
5
25
Dec
31
Jan
4
•
36% Jan
9
Dec
33% Jan
12
34
14'A
Dec
12% Feb
15
14% Feb
3
4%
Jun
7%
Jan
5%, Jan
3
Feb
20
X42%
Jun
57 y4
Dec
7
Jan
9
com
Weston Electric Instrument
12.50
Wheeling & Lake Erie Ry
Wheeling Steel Corp com
100
White Sewing Machine
Prior preference
5
31
Wilson & Co Inc
82
Feb
27
$4.25 preferred
10
Jun
13%
Jan
10y4Jan
6
11 y4 Jan
11
14%
Jan
21%
Dec
19% Jan
3
22% Feb
24
Wisconsin Elec Power Co
49% July
Dec
17
Jan
48
18%
3
Jan
13
Feb
3
Xl9% Feb
24
51
3,500
32%
*32%
33
€83A
*6874
697a
2U3A
CLOSED
21
20%
-21%
27%
WASHINGTON'S
BIRTHDAY
X24
24
114
114
45
47
487/a
48%
86
867a
867a
87%
87%
15%
16
7,300
33Va
33%
34%
4,400
34
No par
No par
10
com
* 52 y4
22%
*138%
*33%
9
72% Jan
24
Prior preferred 4%%
79V2 Jan
19
Prior
34
34
34
*33V2
34 V*
*33 7a
*33 7a
34%
12%
13
12%
12%
12%
1272
12%
12%
900
6%
7
6y2
6%
67a
63A
6%
6%
63,200
53
12%
53%
6%
*80
"
82
10%
22%
537a
12%
82
*10%
54
10%
53
12%
22'%
22%
22 7a
140
*81
10%
140
*139
140
*49%
50
49%
50
19%
19%
19
19%
19
100
72%
72y2
*72
73V2
*72
68
Feb
89
Dec
85
Jan
7
89
Jan
9
66
Feb
82
Dec
80
Jan
25
83% Feb
24
Oct
10% Feb
16
13% Jan
28
Dec
27
Jan
13
Jan
107a Feb
10
Jan
37
Jan
6
40
Jan
23
31
30
Feb
1274 Feb
14
3
series
jtfd 47a% conv series
Wright Aeronautical
Wrigley (Wm) Jr (Del)
Wyandotte Worsted Co
Yale
&
Towne
100
No par
No par
*79
*84%
34y4
34%
34
797a
79
86V2
*85
86 Va
86 7a
82%
11V2
79%
79%
82
111/2
11 %
82%
11 %
25
Mfg Co
82%,
11 %
827.
5
York Corp common
,
53
5374
*29 74
2974
29%
297B
*80 7a
82
10%
*10 7a
10%
22%
22%
227b
22%
22%
•
142
*139
142
34%
34%
1,500
50 y8
50 7b
49%
50 %
7,800
19%
9,200
14%
20% July
33%
Dec
31% Jan
13
52% Feb
14
Zenith
No par
48
48%
46%
4%
Oct
4% Jan
6
Feb
24
Zonite Products Ccrp.
5%
5%
•Bid
dividend.
and
y
asked
prices;
no
Ex-rights.
sales
011
this day.
Radio
tin receivership, or
Corp
petition
5%
1
has
been
filed
for
company's
„
reorganization,
a
29%
29%
30%
1,900
78%
78%
79%
7,700
14%
14%
14%
14%.
2,300
47%
45%
47%
47
49
18,800
5%
5%
5%
6
15,700
5%
15
900
30
45%
14%
1,600
11%
29%
5%
No par
83%
11%
1,500
47%
Youngstown Steel Door_
83%
11%
14. fOO
147/a
9
83
117a
38
147b
1574 Feb
83
11%
14%
3
190
29%
7974
11% Jan
88%
38
293A
Jan
87
11%
787b
14%
240
87
*85 7a
29%
29%
Jun
60
79%
11%
79
107a
70%
X7874
38
307b
Young (L A) Spring & Wire.No
Youngstown Sheet & Tube
No
x70%
11 %
78%
9
Xl97a
79%
*37%
30
9
80% Feb
19%
72
797a
11%
297B
797b
Feb
13
18%
72
387a
307a
4
72% Jan
6
79
87
83
11 %
78%
26% Jan
Dec
Feb
19'A
73
307a
Nov
777b
10
34%
par
287a
Jun
400
50
par
Jun
142
4,100
34%
11
16 3A
3%
117b
*139
100
:
34%
38
*38
5.700
123A
62
107a
11
38%
1274
12%
38
53%
•,«
297b
117b
11
2,400
82
12%
^_50
*37%
12-%
1,300
53
10%
1
convertible preferred
53
82
"
47a%
2,800
377a
12%
10
4
37%
34%
34 Va
49'A
Co
37
33%
13y8
13
*80
*10%
36%
300
35y8
No par
(P W)
Jan
39%
9,900
34%
Common
69% Jan
12%
900
60
49
16
10
74
30%
200
v
,
-
34
100
Oct
Jun
247a
113
*112
15%
preferred
NOV
8
65,100
333A
10
72
307a May
7,600
347b
16%
No par
76
197a Jun
*23%
*110
27%
104 %
36
-
Feb
12%
1047a
16
'
Feb
*
A. 15,000
35
common
Jun
8y8
27%
34 :
347b
10574
600
,
16
pfd series A
65
x59%
,
27%
337b
*10478
Worthington Pump & Machinery
-
200
3274
68%
EXCHANGE
36%
Woodward Iron Co
Woolworth
34%
86
Wilson-Jones Co
Sep
*112
34%
15%
46
45 V2
35
36
6y8
13% Jan
Jun
112
112
45 7a
112
15,700
34%
STOCK
20,400
86
12%
55 V2 Jan
44
24
24
33%
2,800
197b
15%
*33V2
5
11%
*104%
24 y2
27%
41%
18%
86
1
<4
6%
20 72
27%
337a
105%
41%
19%
35%
5
26
11
32%
41 7b
18%
15y8
20
12y8 Jan
24
4174
33%
common
51 Va Jan
Jan
19%
27'A
9%
85y2
Wilcox Oil Co
Willys-Overland Motors
77 y4 Jan
34% Feb
.
357e
Dec
141
*110
45%
common—_1
Nov
10
24 V2
A
A,
9%
1
12%
32% Jan
20%
21
27%* 27%
32%
32%
105% 105%
Shares
tper share
share
9%
S
34%
33
Sales for
the Week
20
(The S S)
79%
139'A Jan 31
'
19
Friday
Feb.24
No par
$5 conv prior preference
White Dental Mfg
Jun
Nov
40
111
44%
85%
No par
White Motor Co
70
Nov
share
24%
No par
Westinghouse Electric com——12%.
3.80% preferred series B
100
conv
f per
105%
Preferred series A
$4.50
share
24 V2
Westinghouse Air Brake
Dec
fper
20%
27%
337a
*104V2
4
23
Jan
*109%
Feb.; 28
$ per
21%
34% Feb
6
8 per share
69 y4
27% Feb
18.<
*4674
49%
110
Thursday
Feb.22
69'A
3
26 y2 Jan
Feb.21
68%
13
105% Feb
PRICES
Wednesday
Tuesday
Feb. 20
687a
30% Jan
6
Monday
68
Dec'
16
48%
110
O 00 J?
33
Jan
22% Feb
108 7a
68
34%
35
15%
33
33
140
157a
100
21V4 Jun
Jan
153A
t per share
Western Union Teleg class A_No par
Jun
15%
;_No par
4
22
15%
19%
23 y2 Jan
128
157a
16
18%
33%
*32%
13
8% Jun
130
33%
19% Jan
25 7b Jan
34
1097a
32%
Dec
Feb
"1087a
100
preferred
24
7% May
1097a
41%
9
28%
*108 7a
41
18
32%
1087a
41%
19
33%
33
Jan
18% Jan
1087a
41%
18%
*33
*32%
73
103 Va Jan
30
1087a
41 lA
33 Va Feb
Jan
120
*108 7e
1087a
41'A
18%
;
3
Aug
1137a
110 7
1087B
10
100
Western Auto Supply Co
Western Maryland Ry com
3
71
109
112%
9%
Jan
48%
*107 7a
9
66% Jan
115
109
9y2
28
Jun
114
*1077a
9y8
Jan
Mar
114
109
9%
Nov
29%
1137a
*107 7a
9'A
30
102
•1127a
26 74
1
70%
26%
27
277a
267t
113%
109
3,000
LOW AND HIGH SALE
20% May
-
•
26%
267a
267a
11274
109
26%
Feb. 18
Jun
104
1127a
113%
1097a
2674
*
*109
Saturday
Jun
Feb
190
22
21 %
20
Jun
84%
217a
53%
98%
8470
22
STOCK
Western Pacific RR
84%
22%
100
2nd
84 %
21%
Par
non-cum
4,500
847a
217B
Western Air Lines Inc
4%
26%
22
t per share
8%
1,100
257B
22
EXCHANGE
Feb
5%
257a
21%
com__No par
47a%
YORK
3,900
*5%
253A
2174
STOCKS
Range Since Jan. 1
16
57a-
*84%
preferred
Range for Previous
300
1574
15%
21
85
West Virginia Coal & Coke
5
West Va Pulp & Paper com—No par
4%%
?
200
1,800
21
21
"847B
preferred series B
108
Penn
26
26
26
5,700
A
13%
1
108%
21%
*20 7a
1774
25%
137B
4
115
May
20 3A
*25
•
2,400
No par
$4 convertible preferred.
Apr
13
2074
847a
13
8%
137B
21%
177B
17%
25%
137b
85
19% Jan
21
17%
25%
1774
257.
257a
20 y2 Jan
5
37
25 3A
Oct
r per share
37
5%
Jan
Lowest
3774
15%
22%
Highest
377a
36%
5%
23 y8
Year 1949
130
22,400
167a
26
3.000
147a
5%
2.50
18%
10074
14
15%
com
5,600
"100
5%
Wesson Oil & Snowdrift
8%
14%
*20 7a
•
7,600
10074
137a
13 7a
*25
80
35
14
137a
1774
257B
*25
.
187b
183/e
700
105%
*10C
167a
Sep
14% Jan
Lowest
18%
187s
*104
14 7B
100
574
Jun
35%
21
8%
1674
8
104
14
87a
87s
87a
137B-
17%
16 7a
1674
257B
1378
37
34%
57/B
85% Feb
Dec
37
367a
37%
16%
257B
13%
34%
16%
5
12%
37%
*
100
34
34
5%
Jan
1047a
14 74
59%
10574
15 Va
84
101% May
300
597a
*104
1057a
1
Dec
13
14%
31%
5
Inc
84%
'
14 7B
31%
5
Tobacco
July
23 % Jan
1474
31%
Webster
12
Dec
200
147a
*3174
Wayne Knitting Mills
Wayne Pump Co
27% Jan
25%
18%
10074
14 7B
74
21
13
107
10074
147a
Warren Foundry & PipeNo par
Petroleum Corp
3
Washington Gas Light Co___;_No par
Waukesha Motor Co
5
24% Jan
167a
10074
14 74
Warren
Jan
16%
18%
100%
5
27%
78
19
187a
19
1
100
preferred
Warner Bros Pictures
Jun
Xl9%
597a
147a
317a
87B
Walgreen Co common
tHiram)
59
100
preferred
System
Deferred delivery.
29%
X78
rCash sale, s Special sales.
5%
200
wdWhen distributed, x Ex-
Volume
COMMERCIAL
THE
Number 4885
171
Bond Record
italic letters
the
In
headed
column
(865)
New York Stock Exchange
«»
FRIDAY
The
CHRONICLE
FINANCIAL
&
WEEKLY
-
"Interest Period"
YEARLY
-
Indicate In each case the month when the bonds mature.
Figures after decimal point represent one or more
32d of a point.
•
AND
LOW
Range for Previous
GOVERNMENT
Year 11)49
Lowest
Range Since Jan. 1
Lowest
Highest
Highest
Monday
Feb. 18
Low
EXCHANGE
Feb. 21
Low
High
SALE PRICES
Low
High
Feb. 24
Feb. 28
Lo«v
High
Sales for
Friday
Thursday
Feb. 22
Low
High
HIGH
Wednesday
Tuesday
Feb. 20
Saturday
BONDS
NEW YORK STOCK
Low
High
High
103.28
Dec
103.28
Dec
Treasury
3s
1951-1955
*103.11
103.13
*103.11
103.13
*103.10
103.12
*103.10
103.12
*103.9
103.11
108.13
Jan
108.13
Jan
Treasury
Treasury
27/«s
1955-1960
1951-1954
*103.27
108.29
*108.27
108.30
*108.26
108.29
*108.26
108.29
*103.25
108.28
*102.14
102.16
*102.14
102.16
*102.13
102.15
*102.13
102.15
*102.12
102.14
110.11
*110.8
110.11
*110.8
110.11
111.28
*111.26
111.29
*111.26
the Week
Bonds ($)
111.20
113.29
2%s
Treasury
Treasury
110.23 Mar
102.31
1956-1959
*110.10
110.12
*110.10
110.13
2%s
1958-1963
*111.21
111.23
*111.25
111.28
*111.25
Treasury
Treasury
110.23 Mar
2%s
*110.8
2%s
1860-1965
*113.23
113.25
*113.26
113.29
*113.25
113.28
*113.26
113.29
*113.26
2'%s
1950-1952
*101.1
101.3
*101
101.2
*101
101.2
*100.31
101.2
*100.31
101.1
1952-1954
*102.12
102.14
*102.12
102.14
*102.12
102.14
*102.12
102.14
*102.12
102.14
Jan
102.31
Jan
Treasury
2y2s
104.9
Feb
104.9
Feb
Treasury
Treasury
2Yas
1956-1958
*105.15
105.17
*105.14
105.16
*105.13
105.15
*105.15
105.17
*105.15
105.17
2%s
1962-1967
*104.24
104.26
*104.21
104.23
*104.18
104.20
*104.19
104.21
*104.18
104.20
102.1
Mar
104.15
Oct
Treasury
2%s
1963-1968
*104.7
104.9
*104.2
104.4
*103.31
104.1
*103.31
104.1
♦103.30
104
103.19
*103.18
103.20
*103.17
103.19
103.8
July
July
103.8
Treasury
Jun
„
__
1964-1969
*103.26
103.28
*103.21
103.23
Dec
2%s
2%s_
Treasury
*103.17
1964-1969
*103.21
103.23
*103.16
103.18
*103.13
103.15
*103.13
103.15
*103.12
103.14
103.14
*103.9
103.11
*103.10
103.12
*103.9
Feb
103.11
*103.8
103.10
♦103.7
100.18
Jan
1965-1970
*103.17
103.19
Treasury
2%a
1966-1971
*103.15
103.17
*103.10
103.12
Dec
103.2
2%s
Treasury
Treasury
Treasury
2%s
Jun
1967-1972
*102.30
103
*102.27
102.29
*102.23
102.25
2 %s
Sep
1967-1972
*105.1
105.3
*105
105.2
*104.31
105.1
102.25
2%s
101.13
101.7
Treasury
Treasury
Feb
*103.12
Aug
101.12
103.19
100.28
Jun
Jun
103
102.23 Feb 24
Aug
102.23 Feb 24
102.30
Feb
105.4
Jan
102.30
Sep
100.17
Feb
101.3
102.18 Feb
103.9
31
102.15 Jan
Jun
102.18 Feb
1
Dec
Jan
101.8
-Dec
Treasury
Jan
Sep
101.18
•Bid
Jun
2s
Dec
2s
•
103.7
103.16
Dec
asked
price.
and
2s
Feb
sales transacted
No
'
■
■
103.18 Jan
16
this
25-year
for
iCalled
day.
105.6
*105.3
*102.3
102.5
*105.3
105.5
*105.3
BONDS
Interest
Last
Period
New York Stock Exchange
Sale Price
York
Transit Unification
3%
*104.11
104.13
*104.12
104.14
♦104.13
104.15
*102.11
102.13
*102.12
102.14
*102.9
102.11
*102.9
102.11
*102.10
102.12
*102.7
*102.13
102.15
*102.12
102.14
*100.7
1959-1962
100.9
*100.7
100.9
*100.6
100.8
*100.1
100.21
*100.19
100.21
*100.19
100.21
*100.19
1950-1952
100.21
*100.19
*101.6
101.8
*101.6
101.8
*101.5
101.7
*101.5
101.7
*101.5
101.7
101.14
*101.11
101.13
*101.11
101.13
*101.10
101.12
*101.10
101.12
101.19
*101.17
101.19
*101.17
101.19
*101.17
101.19
*101.17
101.19
1952-1954
*101.27
101.29
*101.26
101.28
*101.26
101.28
*101.26
101.28
*101.26
101.28
*103.11
103.14
*103.12
103.15
*103.12
103.15
'103.12
103.15
*103.12
103.15
100.10
*100.9
100.11
*100.9
100.11
*100.9
100.11
103.7
*103.6
103.10
*103.6
103.10
103.9
*100.9
100.11
*100.8
1972
*103.8
103.12
103.7
for
Development
3s
redemption:
Treasury
2s
FOR
March
WEEK
1950-52,
ENDED
March
15
100.
at
a
Odd lot transaction,
r
Registered bond transaction.
Friday
Bonds
Range Since
BONDS
Interest
Last
Sold
Friday's
Jan. I
New York Stock Exchange
Period
Sale Price
No.
High
Low
109% 109%
131
108%
3%s series No.
June-Dec
June-Dec
June-Dec
June-Dec
June-Dec
June-Dec
June-Dec
—
5_
17
18
Cauca Val
Foreign Government and Municipal
Feb-Aup
1948
Mar-Sept
SAAntioquia (Dept) collateral 7s A 1945
SAExternal
sinking fund 7s
SAExternal sinking fund 7s
D
ser
AExternal
Antwerp
Australia
sec
s
sink fund
f $
bonds
7s
3rd
ser
93%
94'%
49
49%
4
46'%
49%
48%
51
6
46'%
51
51
49
51
8
46%
—
—
49
■
Jan-July
external 5s 1958
(Commonwealth) 5s 1955
38 %
June-Dec
(City)
103%
Jan-July
49
103 %
3
69
103% 103-%
1
102% 103%
95
96%
95%
92%
91%
15-year 3%s 1962
Feb-Aug
(Kingdom of)
6s
1955
External sinking fund 7s
SABrazll
(U S of)
Stamped
to
pursuant-
reduced
AExternal
external
to
s
f
3.5%)
97
97
92%
92
8s
June-Dec
1941
Plan
A
June-Dec
April-Ocf
1957——April-Ocf
91 Va
55
116%
pursuant
reduced
AExternal
to
s
Stamped
f
Plan
to
3.375%)
6%s
of
pursuant
A
June-Dec
due
1957—April-Ocf
to
Plan
3.375% )
1979
April-Ocf
1952_
Stamped pursuant to Plan
June-Dec
reduced to
A7s
A
A
46%
35
50%
49%
38%
103 3/a
104 %
102
103'%
94 Va
97'%
92%
94 VA
96 %
88%
93
90
92%
332
92
57
22
116
116%
5
80
2
89%
92
106
107%
115%
116%
75
80
60
13
60
55%
60
73
66
24
53
73
53
57%
External dollar
bonds of
June-Dec
1979
1944
sinking
A6s assented
Extl
A 6
fund 6s
1962
2-3s
1993
AGuaranteed
A 6s
A 7s
Consol
56
56
56
--
75%
75 %
55%
56
__
*76
—
—
*60 Vb
—
—
—
April-Ocf
(Plan B)
*53%
58
67%
—
37%
6
34
101 %
102%
107 %
107% 107%
14
107
107%
102%
103
*102% 102%
35
June-Dec
33/4S series No. 2
June-Dec
__
69
51%
1
1962
17
35
38
40
36%
36%
*29%
30%
28%
30 Va
36%
39
28%
30%
*39
*29%
30%
*39
Jan-July
29i%
39
28%
30%
36%
*29%
36%
*39
39
28%
30 Va
28%
29 %
30
*39
Mar-Sept
-
—
*29%
*39
28
67'%
66%
66
%
1
65%
66'%
33/4S series No. 3
June-Dec
65%
66%
14
65'%
66%
June-Dec
66%
66%
10
65%
66%
3%s series No. 5
June-Dec
66
66 %
2
65%
66'%
33/4S series No. 7
June-Dec
3%s series No. 8
June-Dec
*67%
67 3%
*39
39
39
28%
29%
26%
29%
28%
29%
29%
June-Dec
29%
29%
40
*39
*29%
*39
37%
29 %
29%
37%
28%
30%
April-Oct
*39
39
39
*29%
28%
30
Municipal 7s 1960
1960
:
For
—
Mar-Sepf
Mar-Sepf
'•
36%
*29%
23%
30'/a
*39
Afay-Nov
Financial
FOREIGN
June-Dec
*67%
33/4S series No. 10
June-Dec
3%s series No. 11
June-Dec
33/4s series No.
12
June-Dec
33/4s series No.
13
June-Dec
3%s series No. 14—
For
footnotes
see
page
June-Dec
25.
*67%
—
*67%
__
39
39
28%
29%
29%
29%
Institutions
SECURITIES
FIRM TRADING
MARKETS
66%
__
*66 %
__
'
*65
69%
__
5
—-e
65%
50
Broad
St.,
New
York 4,
N. Y.
69'%
63%
66%
69'%
67%
74'%
68
CABL.MMKSS.Ca. INC.
FOREIGN SECURITIES SPECIALISTS
,
*65
—
—
73
66
67
66%
66 Va
63%
65%
Telephone HAnover 2-0050
36%
*39
69 %
3%s series No. 9
—
30
*29%
*29%
69
33/4S series No. 4
38
36
"39
Afay-Nov
53%
2
37%
*58
38
—
33/4s series No. 1
101 %
101 %
35%
April-Oct
6s 1961-
sinking fund 6s 1962
assented
101
101 a1*
101% 101%
June-Dec
1961
1961
assented
2
1013'2
June-Dec
AGuaranteed sinking fund
assented
103%
June-Dec
1957
1957
ASinking fund 6%s 1961
A6s
101%
June-Dec
Mortgage Bank 6%s
6%s assented
4
Afay-Nov
Afay-Nov
1963
assented
102% 103 V«
April-Ocf
fund 6s 1963
sink fund dollar bonds
'/2s
65
103 %
101%
Mar-Sepf
April-Ocf
1961
1962—
assented
AExternal sinking
AChile
1961
66
101%
(interest
1978
3.375%)
102%
Jan-July
:
6s Sept
65
1
76
57
Sept
56
76
assented
AExternal
A 6s
sinking fund
1961
64%
65
66
103% 103 %
Feb-Aug
1961
64 Va
65
66
*65
Feb-Aug
1961
1961
assented Jan
66
76-
15
assented Feb
68
*65
66
ApriZ-Ocfc
assented 1960
66
*65
ApriZ-Oct
1960
64
56
1
1942
64%
66
*65
May -Nov
May -Nov
f 7s 1942
s
63 Va
*65
—
66
75%
*76
—
funding bonds of 1931 due 1951.
Stamped, pursuant to Plan A (interest
to
A6s
AChilean
60
6%
reduced
30-yr 3s s
external
ARy external sinking fund 6s Jan
A6s
67
*66 Va
Jan-July
Mar-Sept
Jan-July
f $ bds 1978_Jan-July
AExternal sinking fund 6s Feb
AExternal
65
67
(interest
(Central Ry)
reduced 3.5%)
49
46'/a
A6s
64%
(interest
1979
1927
50 V2
47
81
107
79%
--
46 Va
69
96 Va
■
Stamped
§A7s assented
A6s
(interest
1978
6%s of 1926 due
91%
97%
93
106
Jan-July
1955
7
49%
June-Dec
June-Dec
50%:
33 Va
June-Dec
20-year 3%s 1966
1
36
10-year 3%s 1956
10-year 3%s 1957—
Feb-Aup
U
49 %
1957-April-Ocf
1973
50%
49
•
20-year 3%s 1967
Belgium
(Dept of)
1954
AExternal sinking fund 6s
51
■
49
1945_Jan-July
AExternal sinking fund 7s 1st ser 1957—April-Ocf
AExternal sec sink fund 7s 2nd ser 1957_April-Ocf
30-year 3s
*94%
71%
51
——.
Jan-July
1945—Jan-July
C 1945—Jan-July
B
ser
71%
*73
April-Oct
1968
4s
1974
(Republic)
fAChile
65%
66
70
—
§AGuaranteed sinking fund 6s 1947
SAExternal sinking fund 7s ser
1961
3s
65%
*65
June-Dec
(City)
65%
*66 %
sinking fund 5s 1957
Afar-Sept
Sinking fund gold 5s 1958
Feb-Aug
Sinking fund gold 6s 1950
Jane-Dec
Galdas (Dept of) 30-yr 3s s f $ bonds 1978_Jan-July
Canada (Dominion of) 4s 1960
April-Ocf
2%s
65 %
*65
(City)
25-year
AGuaranteed sinking fund 6s
Akershus (Kingdom of Norway)
65%
June-Dec
ACarlsbad
66
*66
June-Dec
June-Dec
June-Dec
25-year 3'As
65
65
65%
3%s series No. 30—
1-1693
High
64%
66
-*65%
70
3%s series No. 26
Teletype
Jan. 1
Low
June-Dec
3%s series No. 28_.
NY
No.
*69
3%s series No. 27_
,
Range Since
Sold
June-Dec
,
3%s series No. 25
Brisbane
Stock Exchange
*65
,
High
Bonds
*65
3%s series No. 29
Broadway, New York
Bid & Asked
June-Dec
3%s series No. 24
Wertheim & Co.
Friday's
-or
June-Dec
:
23—
3%s series No.
Foreign Securities
Week's Range
Low
High
1097a
23,000
103.9
24
FEBRUARY
3%s series No. 21
Agricultural Mortgage Bank (Colombia)
100.21
*101.12
3%s series No. 22
York
__
*100.19
*101.17
3%s series No. 19
New
102.9
*100.1
__
1952-1954
3%s series No. 20—
120
105.6
*105.3
104.15
102.16
3%s series No. 15
Members
*105.3
105.6
*104.13
3%s series No.
Telephone
102.4
105.6
1,000
102.14
♦102.2
*102.14
3%s series No. 16
REctor 2-2300
*102.12
104.16
Issue—
June-Dec
102.15
102.4
102.18
City
Corporate Stock 1980
*102.13
*104.14
1950
Bank
Bid & Asked
Low
New
102.23
♦102.2
BIRTHDAY
Week's Range
or
102.23
*102.15
RANGE
Friday
102.26
1959-1962
l%s
Reconstruction &
9
102.4
1951-1953
International
1
Jan
2s
Treasury
Treasury
Treasury
■
99.11
102.15 WASHINGTON'S
*102.2
105.3
1953-1955
2s
Feb
*102.13
102.5
102.24
*105.1
1951-1955
Treasury
Treasury
Feb
102.29
102.15
Mar 1950-1952
Treasury
101.18
*102.27
*102.13
*102.22
105.3
1956-1959
_Jun
Treasury
Jan
103
102.16
1954-1956
^Treasury
101.8
*102>30
*102.14
102.26
*102.24
CLOSED
1967-1972
*102.3
103.9
*102.24
*105.1
EXCHANGE
*102.23
1952-1955
2%s
Treasury
Treasury
Treasury
Aug
100.13
STOCK
103.8
1951-1953
2%s
Treasury
*103.6
Teletype NY 1-971
21
i
THE
(866)
22
COMMERCIAL
&
FINANCIAL
CHRONICLE
Monday, February 27, 1950
NEW YORK BOND RECORD
RANGE
Friday
BONDS
Interest
Last
Period
Sale Price
or
Friday's
A6s Of
1928
of
1927
A6s
Oct
April-Oct
Jon-July
1961
sinking fund dollar bonds 1970—ApriZ-Oct
1947
Apru-Oct
§ASinking fund 7s of 1926 due 1946
May-Non
§ A Sinking fund 7s of 1927 due 1947
Feb-Aug
Copenhagen (City) 5s 1952—
25-year gold 4fts 1953
ACosta Rica (Republic of) 7s 1951—
^ay-Non
Cuba (Republic of)
4fts external 1977
June-Dec
Cundlnamarca
(Dept of)—
Low
4ft
BONDS
New York Stock
__
.
89
,4
4o
5%
.
San
Paulo
0^3
-
971/
108
--
A6s
1
48%
87
19 ft
24%
109
35
.4
38
series
secured
(Prov
A4fts
assented (interest reduced
extended to 1960
§ADenmark 20-year external 6s 1942
External gold 5'/2s 1955
External gold 4 fts 1962
to
^
91
98
Jan-,June
-Fe^
April-Oct
91
8
598
1
54%
90%
99
85 ft
96
108
9- A
A
50
49
65
52 /2
97 /4
--
75 ft
92 'A
2
4
^,
3%-4-4%s
(Republic of)
bonds Jan
dollar
f dollar bonds Jan 1
3s extl
bonds Jan
f dollar
s
AEstonia
Greek
of)
(Republic
7s
.Jan-July
1976
f
s
1
1976
1
1967
73 ,4
58
50
*10%
—
Jan-July
Jan-July
Jan-July
1976
58
50
—
73%
<6
58
50
15
1
73%
55%
5
58
Valle
49%
50
11%
April-Oct
80
external
High
1962
82
82%
71%
71
71
4
66
11%
11*%.
11%
7
11
11
12 %
16
June-Dec
1958_
*10 ft
June-Dec
6s
1964
14
14
8%
—
9
92 ft
—
93
*126
May-Nov
*%4 %
May-Nov
1937)
9ft
*93 %
14
11
10 ft
18
*8 ft
Jan-July
1946—Feb-Aug
1960
6s
70 ft
~1
71
May-Nov
1958
7s
readjustment
85
67
82
82
.
May-Nov
external
conversion
Del
Low
73 Va
—Jan-July
2%) 2012
(Kingdom) —
(dollar bond of
*121
134%
134%
—
1979
May-Nov
1979
88'/
87
881
12
82%
90
May-Nov
1978—Juhe-Dec
s85 ft
87'a
86
86
conversion
*85%
89
external/readjustment
81ft
85%
1978__-.Feb-Aug
*90
100
86 ft
86'/a
external
See
11%
—
Jan. 1
No.
A
1962
External
3fts
s
extl
1968
External
—
3y2s extl
*4s
Range Since
Sold
—
2004—Jan-July
to
37/8-4'/8-4-^s external
4-4 %-4 fts
Salvador
El
Bonds
A
2.25%)
Plan
sinking fund
sinking fund
AExternal
April-Oct
of)
assented
AExternal
6% )
Friday's
Mar-Sept
Sydney County Council 3fts 1957
iiAUruguay (Republic) external 8s
'A
—
Stamped
to
reduced
B
Plan
loan
external
ASilesia
.,
38
dollar
pursuant
secured
A7s
114
35
110
or
Bid & Asked
—
1956
to
Croats & Slovenes
A8s
72%
to
reduced
external
Serbs
loan
pursuant
(Interest
.90
3
Sale Price
.
Stamped
48%
77 ft
973
36
,4
45
48%
(continued)
water
(Interest
47-/4
19
,8
23% 23%
__
Stamped
47%
48
90
(State)
external
79'A
47%
27
23%
82
40%
Last
Period
High
79%
104
Week's Range
Interest
Exchange
High
78 %
1
-
43 /a
43/a
-48/a
48 /a
89 A
44-4
■
1978/.—Jan-July
30-year 3s sinking fund $ bonds
(State)
No.
8-
81/a
3s ext
24
Friday
Jan. 1
7
82
-
§AColombia Mortgage Bank 6fts
Czechoslovakia
FEBRUARY
A7s
1961
Jan
ENDED
Range Since
Sold
High
*'4%
June-Dec
Bonds
Bid & Asked
Low
(Hukuang Ry) 5s 1951
Colombia (Republic ot) —
WEEK
Week's Range
New York Stock Exchange
AChlnese
FOR
readjustment
Cauca
1984
■
Jan-Ju.y
*__■
81
t
Cauca
Valley (Dept of)
(City) external 7s 1958
AWarsaw
A4fts. assented
Feb-Aug
1958
9
Feb-Aug
Government—
9
9
77h
6%
7%
104%
•7%
104%
10
_
A 7s
participating
A 6s
participating paid 1968
May-Nou
Feb-Aug
Helsingfors (City) external 6fts 1960
April-Oct
Irish Free State extl sink fund 5s 1960—May-Nov
Italian
(Republic) extl s f l-3s 1977
Jan-July
Italian
paid
1964
Credit Consortium for
11 ft
10 A
62-/2
—
10'4
—
103
43
--
43Va
3%
to
5A7s
Public
Italian
39ft
Jan-July
__Mar-Sept
B
Utility—
11
4
2
62 ft
1
102
64
43%
13%
9%
11%
64%
103
40%
1947
38%
61
--
.
51
38
3
61
41%
61
62
37%
41ft
'
„
,
Credit Institute
A External
1%
A Jugoslavia
Jan-July
Mexican
f
s
bonds
$
Water
5'fts
6 fts
—
1954
—
Jan-July
&
70%
14/8
—
45
49%
35%
—
Drainage
ApriZ-Oct
1978
Sewerage
1950—
*
—
^___June-Dec
39%
*61
*67 Va
14
49 ft
—
..—June-Dec
7s 1957—ApriZ-Oct
,
(State Mtge Bank)
•30-year 3s
Board
7s 1951
(Colombia)
Metropolitan
39 ft
Jan-July
1977—
1952
7s
Altaly (Kingdom of)
AMedellin
3%
to
39V2
61
,
^
^
■
62
62
•
71
12%
15
46%
35
A4fts
1998
April-Oct
1956
American
Mar-Sepf
Airlines
1966
ASmall
Mexico
Bosch
—
5ft
22
6
5%
6
agreem't)
1945—Quar-Jan
(1942 agree't)
1963-_Jan-July
*10'A
—
1
—
_
v"
1954--
June-Dec
(1942 agree't)
1968—Jan-July
(assented
1922
to
__Jan-July
ASmall
—_1
A4s new assented
--
(1942 agree't)
6'As
(State)
extl
Stamped
agree't)
;•
9%
;
—
>•
*9
10
5%
-
-
Ji
/
5'/a
"
to
Plan
A
~8%
—
9
25
7%
9
to
Plan
60
*44 (A
—
34ft
*44
pursuant
—
99'A
97%
97ft
96 ft
May-Nov
—-Mar-Sept
f
f
A
April-Oct
60
*33 ft
98%
96ft
97
1
Plan
61%
34
%
96'A
32
10
95%
2S
16
96%
93%
95 ft
99
98
to
secured
loan
Paulo
8s
1936
7s
A
and
3ft
__
A
A
Jan-July
—'
Jan-Julv
33ft
52 ft
__
Feb-Aug
„
Plan
2%)
A
A
34
April-Oct
—
to
__
June-Dec
*14
8%
8%
*34
33ft
26%
reduced to 2.5% )
Plan
1966-j
see
and
1999
page
25.
general
and
128ft
128'ft 129
127
5
131%
119%
23
1197a ng7B
__
120ft
102%
104%
105
102% 102ft
41
102%
102%
Jan-July
103%
104%
89 %
due
1
1995
33
June-Dec
64 %
64
65
110
63
63
64
93
59%
64 ft
63
63 ft
64
30
59 ft
64%
71 ft
72
7
69%
74%
51
52%
181
49%
53%
86%
87 ft
10
86%
89%
CO CO
69%
23
68
71%
81ft
ft
June-Dec
2010
1
May
51%
May-Nou
ser
ref
M
series
4s
refunding
stamped
1951
Creek
Extension
Telephone of
Pa
4s
68%
1985_Jan-July
D
80 %
1951
first
series
5s
Jan-July
1951—_ApriZ-Oct
3fts
C
1960
mortgage
&
Maine
series
April-OcZ
I
1970
.Jan-July
J
1976
1979
8%
14
series
AC
1967
121 ft
15 ft
52 ft
52'A
33 ft
5
9ft
35
46
34
34
*54
*41'A
*31 ft
36
*48 ft
—
•
—
Brooklyn Union Gas 4s debentures
General
mortgage 27/8s 1976—
May-Noy
1969—Mar-SepZ
___Jan-July
2%s
__
*34%
38
*31 ft
37
34 ft
Terminal
Bush
Co
first
5s
Terminal
4s
May-Nov
1952
5s
—
__■
.
60
60
gtd
1960
Electric
Guaranteed
44%
31ft
48 ft
49
ft
34%
34
1
59 ft
62
57
57
*69
(interest
May-Nov
1957—May-Nov
*57
■
„
*67%
60
—
__
(interest
*55
59
—
56
56
National
Canadian
*72%
87
75
87
70ft
105.
81
83
102
102'ft
'
„
.
75
22
73%
78
51%
53 %
63
49 %
56%
-
_
105
.
104%
_.
105'A
104 ft
105 ft
105 ft 105 ft
"2
101ft
15
101%
102
103
103
5
102'ft
103%
67
67
69
17
102 % 10214
4
*99% 100
63
102%
69
102%
98
100
106
106
April-Oct
*103% 104%
103%
103% 104 %
65
115% ,115%
2
*113% 114 'A
105
104'ft
*104
103 %
104 ft
100
104'ft
Feb-Aug
115%
116%
113ft
114%
113% 113%
"4
113%
114
104 % 104
113%
Mar-Sepf
ft
63
104%
105
100%
103"%
Ry—
debenture
stock
(perpetual) ...Jan-July
102%
102 %
102'%
95
Mar-Sepf
series
84%
8314
85%.
111
4s
conv
inc debs series B
102 ft 10614
1960
A
Carolina Clinchfield &
Oho
1960
Mar-Sepf
105ft
4s
Mar-Sepf
107
1965
Carthage & Adirondack Ry—
First mortgage guaranteed 4s 1981
Celanese Corp 3s debentures 1965
Celotex Corp 3'As debentures 1960
debentures
(1947
issue)
of
Georgia
mortgage
1948—June-Dec
37
series
A
1995
Jan-July
mortgage
4'fts
series
A
Jan
1
mortgage
4fts
series
B
Jan
1
Co
of
85%
151
83
106 'A
2
107
_
58
10
_
__
108
59 ft
103ft
104'ft
100 ft
100 ft
*101%
__
87
4
87
13
87
Ry—
AGen
General
74
64
104% 104%
*101
1960
§ACentral Branch U P first gold 4s
1C7
*59
June-Dec
April-Oct
107
___Feb-Auy
^Feb-Ajty
AGen
71
—
June-Dec
69%
ft
--
.Jan-July
Feb-Aug
87
67
*106
April-Oct
Ry—
debs
Central RR
70ft
5
101 ft
iMay-Nod
87
(interest
„
101%
104
73 %
*104
105 ft
1976—June-Dec
68
1
101%
101
Capital Airlines, Inc—
First
__
87
3s
gold 4fts 1957
gold 5s 1970
Pacific
conv
Central
A
Jan-July
first
gtd 5s A 1962
gold 4%s 1955
Guaranteed gold
4fts 1956
Guaranteed gold 4'fts, 1951
3'As
Jan-July
Jan-July
Power
consol
Guaranteed
Canadian
34
.
82
90
*60
ApriZ-Oct
Oregon Power 3%s 1974
4s
__
=>
...Jan-July
Buildings
Southern
41%
A
June-Dec
100 ft
--
*102 "2
1975_May-Nov
1955
California
54
34 ft
--
34
__
Ry—
4%
June-Dec
99 ft
105
C
31ft
—_
101% 101%
82
51%
43%
—
104%
*104% 104 ft
73%
38%
—
122ft
99%
__
104 ft
*101
ApriZ-Oct
mortgage
4s
series
RR
I960——Jan-July
mortgage 4fts series A July 1970—May-nod
(Ernesto),Co 7s 1954
:
;
Feb-Aug
Bristol-Myers Co 3s debentures 1968
April-Oct
54
--
—
—
101%
i_Mar-Sepf
46
32
1
121%
4
99%
100%
39
44 ft
~i
52 ft
37%
46
93
93
90
100 %
121'A 121ft
*99 %
First
Consolidated
50%
40
19
Brooklyn Union Electric first gold 5s 1950—Feb-Aug
10
33
o
92 'A
*104
ABreda
Niagara Elec first mtge
Rochester & Pittsburgh
Stamped modified 4fts; 1957
33ft
79 ft
00
RR—
mortgage 5s series II 1955
mortgage 4%s series JJ 1961
9
8
1
5
*100 ft
Jan-July
First
8ft
9ft
7%
80'4
92
91%
91%
_May-ZVou
K
series
series
3s
First
26%
3
8Q %
Corp—
%
"8 ft
(interest
Plan
Steel
mortgage
22%
__
t.N
92
Jan-July
26%
15 ft
8%
65 ft
A
1980_Jan-July
AInc
12
60
Virginia-
First
14
18ft
98
division
2%s
26
94
94 ft
Mar-Sept
1995—
1
2%s
22%
89%
3
____Mar-Sept
^
first mortgage 5ft
fixed & lft ft conting int)
Cincinnati
and
28
95
interest) —
div
lien
90
94%
(2%ft
contingent interest) —
Dec
mortgage
22
89 %
mortgage, 6%
3%%
J
mortgage
II
—
__
May-ZVod
1999
A
82%
102%
1996
Consol
—
*__
*44'A
May-Nov
2.5%)
to
80
19
2000—
Consol
(interest
1950
pursuant
82
20
1
Guaranteed
April-Oct
2012
to
78
*81
104 ft
1
Consol
—
pursuant
.
1C4
March
Bethlehem
(interest
fund
Plan
105%
76%
103'ft 104'A
March
Canada
2001
to
104%
105 VB
103% 103%
1966
California
May-Nov
to
103 ft
5
90
_,
due
93
.
A
103
(interest
ApriZ-Oct
sinking
48
Loan 2fts debs 1961-May-Nov
3'As sinking fund debentures 1964—__.Feb-Aug
Bush
June-Dec
due
Plan
104%
*77%
104
due
First
Bell
A
Feb-Aug
1926
104
105'/a 105%
103%
Buffalo
April-Oct
1946
Plan
104%
105%
1952—Mar-Sept
Buffalo
1953—
1921
431
June-Dec
contingent
Dec
Consolidated
95 ft
■
April-Oct
(interest
2001
2.375%)
stamped
footnotes
_______May-Nov
M
4s
A
2006
Plan
*3%
* 10 ft
_jan-July
1946
*
For
8%
Jan-July
1952—
pursuant
external
—
April-Oct
1952
8s
(State of)
Stamped
—
1947—April-Oct
1950
8s
to
6fts
(interest reduced
A8s
May-Nov
K
Beech
31
*8%
Plan
118%
1%
44
34
'
—
April-Oct
2.25%)
103
118
April-Oct
4fts A 1964
105
1
8s
101ft
Fe—
April-Oct
88 ft
38
2012
pursuant
to
*31%
„
26'A
to
of
secured
reduced
San
unified
(3 ft ft
93
44
26%
2.25%) 2004
7»
1967
stamped
pursuant
to
Plan
(Interest reduced to 2.25% ) 2004
Stamped
^
—
23%
to
to
_
26%
1960
sinking fund gold 1968
pursuant
reduced
Santa
1995_
4s
due
Boston
2012
reduced to 2%)
Stamped
&
1966
Refining 2%s debentures
Toledo
99%
103
(State of)—
pursuant
A6fts extl
Topeka
5s
103%
•
*44
26 ft
pursuant to Plan A
reduced to 2.5%) 1999—,
(City)
*103% 106
—
26ft
Stamped
(City of)
5
26%
to
2%)
Sul
1
90
26%
6ft %
pursuant
to
103
June-Dec
series
(City of)
SA8s external loan of
Paulo
'
Pittsburgh Like Erie & West
Refunding 4s series A 1980
95
96%
Mar-Sept
1st
pursuant to
reduced to 2.375%)
reduced
—Quar-Jan
G
Ref
92
89
—
2nd series
Stamped
external
1962—April-Oct
April-Oct
mortgage 4s series A July 1975
April-Oct
mortgage 5% series B (4% fixed
First
98
103
—
Mar-Sept
1968
(Interest reduced
Stamped
Co
July
100%
Bangor & Aroostook RR—
(interest
1959
1961
stamped pursuant to Plan
(Interest reduced to 2.375%) 2001
7fts 1966 stamped pursuant to Plan
Stamped
3s
1995
debenture
4s
July
98%
97'/2
*97%
*95ft
99%
43
*91ft
—
1967—Mar-Sept
8s
external
Products
General
33 ft
96%
99'A
98
96 ft
93Va
—
Mar-Sept
A
AExternal sinking fund
gold
A4'/2s assented 1963
Porto Alegre (City of) —
reduced
118%
Stamped 4s July 1 1995
Atlanta & Charlotte Air Line
Ry—
First mortgage 3%s 1963
Atlantic Coast fir^t consol 4s
12
33
—
--
May-Nov
(Republic of)
A4fts assented 1958
ASao
W
P
first
Series
34%
—
Feb-Aug
April-Oct
June-Dec
8AStabilization loan sink fund
Stamped
Co
June-Dec
1969
gold
—
1961—April-Oct
gold 6s 1940J
April-Oct
6s
6s
SAPoland
Rio Grande do
Tobacco
debentures
Arbor
1959—
—
Beneficial Industrial
7s 1947
to
2.125%) 2008
(Republic of) external 7s
ARome
118%
S'western
Mar-Sepf
reduced to
A7s
115%
debentures
Series
lift
"i
(interest
External secured ref 3fts series B
5APernambuco (State of)
A6s
111 ft
106%
June-Dec
A4fts convertible income Feb
1959—_Mar-Sept
A
(Republic) —
AStamped assented 5s 1963
Stamped mod 3'As ext to 1994
AExternal
100%
contingent interest) July 1975_April-Oct
Refunding and general mortgage 5% (2ft
Panama
SARio de Janeiro
99%
109%
1957
Series
—
sinking fund external 1957
Municipal Bank extl sink fund 5s 1970—June-Dec
(City) sinking fund 4fts 1955
April-Oct
A4fts assented
15
105%
and
60
12%
■—
Oslo
s
97%
109%
33
*12
*12
Mar-Sept
3fts
s
101 %
96%
107%
Baltimore & Ohio RR—
~3%
(interest
sinking fund 4'As 1965:
sinking fund external loan 1963
extl
99%
14
166
26
fixed
External
loan
42
97 u>
108% 108%
__
193
fixed
Mar-Sept
1958
to 2.125%) 2008
(Kingdom) 3%s 1957
(Kingdom of) 4fts 1956
ANat loan extl
97
108%
110ft 111%
First
ApriZ-Oct
6s
reduced
ANat
100% 101'%
96
100ft
5%
—
9%
8%
—
Netherlands
APeru
100%
100%
105% 106%
—
sinking fund
pursuant
Stamped
99 ft
100
102 ft 102'%
debentures
1973-.
9%
_—
1963—Jan-July
1952
pursuant
Stamped
24
100
95 ft
100'A
111%
convertible
Series
assented (1942
Geraes
89%
102%
Jan-July
reduced to 2.125%) 2008
ASecured extl sinking fund 6'/2s
4s
10 ft
ft
1922
1933
(City of)
160
100%
94
June-Dec
•„
ASmall
Norway
—
5%
—
9
A6s new
ASecured
--
—
1963—Jan-July
lATreasury 6s of 1913 (assented to
Minas
11
10
~9%
11
*10 'A
—
ASmall
ASmall
96
101
93 ft
agree¬
1945
agreement)
16
*99ft
95%
76%
100%
94
100
Atlantic
due
agreement)
A4s new assented
A Milan
*10%
10
11
assented to
1910
93%
100
General
.
of
*100% 101
...
107
104%
74
ApriZ-Oct
Atchison
--
(1922
Large
ment)
79
—June-Dec
3s
ASmall
8A4s
'75%
__
1987
Ann
ALarge
(1922
;___June-Dec
106 ft
103 ft
1982
American
Quar-Jan
A
1904
Jan-July
1961
107
debentures
3%s convertible
ASmall
of
...April-Oct
1986
debentures
3%s debentures
---
—
—
1945
A5s new assented
A
.Feb-Augr
1975—
convertible
2%s
1968
assented
1980
debentures
2%s
2%s
1968—Jan-July
ag.reem't)
ASmall
A4s
deductions
2%s
101
ALarge
5A5s
debentures
2%s
1943—May-Nov
—
(1942
(Republic of)
debentures
3s
Corp 3%s s f debs 1964—May-Nov
Foreign Power deb 5s 2030—_Mar-Sept
Telephone & Telegraph Co—
2%s
1
1943
§A5s of 1899 due
107
*101%
June-Dec
American
*104
_
27/8s debentures
(1922 agreement)
small
assented
*60%
-May-Nov
& Western 1st gtd 4s
Allis-Chalmers Mfg 2s debentures
(
ANew
1967
Alleghany
Irrigation—
§A4fts assented
3'As
mortgage 3fts 1972_Jan-July
& Susquehanna RR 4fts 1975
April-Ocf
Albany
37%
OO
COMPANIES
'
ApriZ-Oct
first
49%
16
37%
1952
7s
Power
American
7
*100^ 100'A
Co
Southern
American &
50
•
Electric
Great
Alabama
.
19 ft
RAILROAD AND INDUSTRIAL
(
A Adriatic
Alabama
48
Works
Public
1977
series
11 /a
-1.4
63
103
,
1%
1
N
mortgage
2020—_May
2020—May
65%
66 ft'
65%
66 ft
42 ft
66
66 '«
'43
62
67 ft
2
65 %
67 ft
22
41%
48
218
42%
45%
J—
3'As
1987
Jan-July
45'.
45
45 'A
Volume
171
Number 4885
THE' COMMERCIAL
&
FINANCIAL CHRONICLE
(867)
23
NEW YORK BOND RECORD
RANGE
Friday
BONDS
New York Stock
Last
Exchange
or
Sale Price
Friday's
New
York
Power
3s
Central Pacific Ry Co—
First and refund 3%s
First mortgage
series
3%s series
Champion Paper & Fibre
Chesapeake & Ohio Ry—
General
gold
4%s
Refund and impt
Refund and impt
Refund and
R
&
Second
April-Oct
1
1974
A
B
1968
deb
3s
104
104
1965—Jan* Jtily
gold
and
First and
AGeneral
mortgage
mortgage
inc
1989—Jan-July
1989—Jan-July
3%s
series
Chicago & Erie 1st gold 5s
Chicago Gt West first 4s
AGeneral
inc
5s
conv
B
series
General mortgage
4%s
4'/2s inc
103
lUo'A
44
102
103 %
103
103Va
33
101%
104
105y2 105%
*119
127
8
105 y4
106 %
*113%
A Jan
1
First
Rock
General
3s
series
Island
&
mtge conv
Chicago St L &
2019
1951
3%s
series
F
1963
series
G
1963_.
Mi
73 Mi
73%
refunding 4%s series
1st
mortgage 27/es
Cincinnati
First
Union
*126'/a
3%s
gold
5s
4s
Chic
&
St Louis
First mortgage
&
Series
3s
3%s
47
86%
73»A
6OV2
4
60
50
3
45
First
mortgage 5%s series A
'
Colorado
First
1972.
Fuel
3%s
Iron
Gas
coll
Electric
93
66
55%
53 y4
54 v4
263
51%
56
87
88
System
<fe
Columbus
&
Toledo
Commonwealth
First
Elec
first
Edison
mortgage
external
L
1977.
River Pwr sink fund
3%s A
Consolidated Cigar Corp 3%s 1965
Consolidated Edison of New York—
First
and
refund
and
refund
104
mtge
3s
debentures
110 VB
First
102 Vb
103'A
General
102%
8.'-
*101
101 VB
101
*96
Gulf
102
D
First
83%
10
96 -/
88%
3s
75
86%
E
1963_
66%
3s
§ A Cuba
Northern Ry
§ADeposit receipts
first
107
66%
63 V*
66%
5V2s
1942
1952
6
57
62
Hocking
87
1
82
87
Household
32
107'A
10
107%
107
3
107 VB
107 VB
94 %
107% 108
'-*■
11
87 Va
105%
2%s
mtge
B
C
70
69
71
*100%
*104
108%
2
103%
104%
7
.60%
101%
103
77
59
63'/a
60
60
*102% 103
*92%
102%
90%
102% 102%
Jan-July
2y4s
series
R
—
,
A
92 Va
103
106%
100% 101
16
*100
101%
3%s
1
94
85%
12
85
87 V*
97
97
96%
97%
*64
75
97
—
Feb
1
^7%
7%
„
—
104
__
M
3
79
64 %
~9
103
103
:104%
75
14
*102% 103%
95%
103%
-V:7
104
77%
~7%
1
*102% 103
April
1968
first
102 V*
94%
85%
April-Oct
2044
102
94%
Jan-July
5s series A July 2015-Jan-July
refunding 3%s series D 1969—April-Oct
trust
125
100 Va
12
129
122 VB
100
124% 125
107%
125 Vb
1 99
—
__
Feb
1959
*
125
1961— Jan-July
ctfs
debentures
3s
Util
102%
10
107 %
107
;
1976
3s
79 Va
■
101 Va
,
65 %
62
50
103%
67
Jan-July
2%s
1976
Afap-Nov
1978
*100
100%
100
■
100%
104%
—
104%
April-Oct
1969
2%s
Jan-July
1979
Water
first
June-Dec
—
*—
mtge 2%s 1976—Afar-Sept
4%t? 1999^_
Jan-July
Valley Ry first
Illinois
107%
First
Finance
106
Bell
Corp
>135
••/'
2%s
1970
—Jan-July
103 %
1957
100% 100%
1
99%
*100% 100%
__
90
100%
127 Va
*127% 129
,
,
127%
100 Va
99%
—
89%
90 %
22
89%
93
65 Vs
64%
65 %
68
63
68
29
,a
April-Oct iN'
27
29 %
119
27
32%
—
104%
NT
104%
--
*106
OO
105%
Extended
gold
*108% 108%
Collateral
Purchased
108%
101
20
107%
107
107
104%
105 y4
1
101
101%
3
104%
105%
101
104% 104%
*102
106%
105
101%
4
99%
Cairo
102% 103'A
46
102
0 CO
105
105
102%
June-Dec
—
A
1951—
April-Oct
1951
102%
102
trusts gold
lines
5s
ApriZ-Oct
4s
1953——
Div
first
gold
Div & Term
3s
1951—
102% 103%
100%
26
105% 105%
7
106% 106%
102%
1
1,131
119y4
117% 119%
103% 103%
105 % 105%
103% 103%
1-5 v„
103%
—
*49%
33%
89
30 %
30%
51
*33%
June-Dec
34%
35'A
First
103%
Illinois
106
Indiana
refund
105
103%
Indianapolis
93%
Refunding
Iowa
Ry Co—
and imp 2%s series C
49%
34%
AFirst
6s
series
83
89
AAdjustments 6 series
27%
32%
AFirst
32%
35 'A
AFirst
—
33%
35%
5s
104 %
105%
series
gold
5s
108
1
106%
96%
54
93%
96%
101 VB
101 VB
1
101 Vb
101 %
100% 100%
100%
1
100%
100%
*102%
102 Va
102 Va
*101% 101%
100 7/b
101%
*101 Vb
—
100%
101
101% 101%
1
101%
101%
102%
*101%
„
102%
—
■
*102%
—
*
102 %
102 %
102 %
60
104%
106
101 %
127
100 VB
101%
95'A
4
94
99
5
98%
,
—
O—104 %
104% 105
100%
100 Va
95 %
99
1950_Jan-Julp
1986—June-Dec
1952
16
■
2
105
.
*100
—
100'A
'
—
■
100
*
„
90 %
97 Va
99%
100 %
—
Northern RR—
A
i-
r
—
102%
108
June-Dec
gold 4s
103%
106
102%
95%
1963.June-Dec
C
103%
103 Va
Union
{International Great
47%
31%
first
'
108
96 Vb
mortgage 4s series D 1963_June-Dec
Ry 4s series A 1970Jan-July
Illinois &
92 V4
10
refunding 4%s series
101
5
4
106
102% 102%
Terminal
102%
,
31
*33%
119%
103
104%
and
1
34
*87%
First
103% 103%
*105
gold 3%s 1953
Illinois Central and Chicago St L & N
Joint first refund 5s series A 1963
2
92 Va
__
106%
115
35
103%
106
105%
5
105%
103%
105
101 Va
101
*35
—__
103%
May-Nov
104
101%
'"A-/:,
*101 Va
„
June-Dec
Jan-July
Jan-July
Omaha Division first
gold 3s 1951..
Feb-Aup
St Louis Div and Term
gold 3s 1951_'
Jan-July
Gold
3 %s
1951
Jan-July
Springfield Division first.gold 3%s 1951-Jan-July
Western Lines first gold 4s 1951
Feb-Aup
Registered
Feb-Aug
Louisville
102
101 %
*100'%
May-Nop
1950
1
—
*103% 104
*
———May-lVop
Feb-Aug
1
109
—
Jan-July
1966
—
*104
May-Nop
1952—
1955—
4%s
*106%
—__Mar-Sept
1952
4s
3%s
Bridge gold 4s
Litchfield
103
14
3%s
Collateral trust gold
Refunding
10
1981_Jan-July
Refunding 4s 1955
105%
108%
107 y4107 y4
107
107
—
sterling
105%
Debenture
*102
gold
3s
106%
*107
107 VW
first
105%
'
■
A
1978
1979_May-Nou
Consol mortgage 5%-3%s series B
1979—May-Nop
Consol mortgage 3%s series C
1974—May-Nou
First gold 4s 1951
Jan-July
First
gold 3%s
1951
Jan-July
105
105
105%
series
mortgage 4%-4%s series
105%
*--
*—
—
2%s
series B
3s
Illinois Central RR—
71
62%
»-» O O
__
Telephone
mortgage
First
—
53%
100
105%
13
'V;
_/
104
102% 103
1965_Afap-Nov
1952
1973
D
Adjusted income 5s Feb
106
8
105% 106
105%
—
104
60
Mar-Sept
Hudson Coal first sink fund 5s ser A
1962_June-Dec
Hudson & Manhattan first 5s A 1957
Feb-Aug
107%
106% 107
§ A Deposit
receipts
§A7y2s series A deposit receipts 1946_June-Dec
§A6s series B deposit receipts 1946
87%
I
107%
Jan-July
Jan-July
87 Va
85%
7.7
••
*99 VB 100 y4
—
June-Dec
70%
97 Va
*100
refunding 4s series B 1975
Hackensack
62
107
June-Dec
gold
'
85 %
H
107% 107%
1965
65
97%
& Ohio RR—
mortgage
62
Jan-July
mtge 3 Vbs 1966_Map-Nov
1st
1969
West debenture
certificates B
mortgage
66
April-Oct
iebentures
24
*85
—-Mar-Sept
1956—May-Nou
mtge inc 4s series B Jan
87
1975—Mar-Sept
66'/8
87
June-Dec
99
June-Dec
Consolidated Natural Gas 2%s 1968
Power first mtge 27/bS
65 %
*97'/2 102
1974—Mar-Sept
6s
&
debentures
1st
78%
1979_Jan-July
110 Va
79
/.„■
1972—June-Dec
1972
104'A
106 %
10
-
*86
mtge inc
and
States
96
86 %
series
series
Corp
Mobile
First and
102% 102%
April-Oct
C
ser
series
Consumers
Cruible Steel Co of Am
Bay
110%
*110%
100
refund
65%
1961— Afap-Nov
1959
trust
first
series
.ADebenture
*102%
102 »A
refunding 3s series
110%
'A
Co—
mortgage
Greyhound
100
5s
103
General
Gulf
102
first
104
,
A Green
106
1977_ApriZ-Oct
and
RR
103%
4
106%
104'A
1982_Afar-Sept
Baking
104%
104
—
1961—Feb-Aug
104
108'/4 108%
*105%
Jan-July
Jan-July
General mortgage 3y8s series N 1990
Jan-July
General mortgage 3y8s series O 2000
Jan-July
/General mortgage 2%s series P
1982—Jan-July
General mortgage 2%s series
Q 2010
Jan-July
103 %
A
and
debs
4y2s
debentures
Co
5%s
5s
13
B
and
Continental
2
General
15
ser
First
F)
.///General 4y2s
103% 104'/4
ser
convertible
income
(B
104% 105%
mtge 2%s
refund mtge 2%s
First
ACuba
80
mtge 2%s
First
3s
85
76
103% 103 %
Feb-Aug
110%
—
Realty & Utilities Corp—
conv
105
mortgage
3s
series
N
1978
June-Dec
3s sinking fund debentures 1999—
April-Oct
Conn Ry & Lt 1st and ref 4J/2s
1951—-Jan-July
Conn
3s
first
Sugar collateral
104 %
—Feb-Aug
1970^_May-Sept
4s 1955-Feb-Aug
3%s
First
First
79%
5
Co—
series
3s
8
78 y2
*103% 104
A/ar-Sept
1974
Ohio
Coast
refunding 5s series A
General
101%
103%
103%/
82%
104% 105
April-Oct
1974—
August
South
and
Goodrich
102%
78%
—Mar-Sept
...
debentures March
debentures
A4s
4
82 V2
Afap-Nov
110y2 noy2
G
General
103'A
Inc—
3s
—
Corp—
1973
3s
Columbus
90
101
1964„April-Oct
1971—,—,
debentures
101
*151%
April-Oct
60
Consol
_.
4s
101
101%
*104y2 105%
April-Oct
71 Va
48
103 y4 i03y4
ApriZ-Qct
'
trust
104
2
104'/a
58
*87 Vb
April-Oct
Corp—
and
&
debentures
Columbia
3%s
&
Gas
102 VB
57 '/2
.April-Oct
1977
Ry—
modified)
1980—
mortgage
Columbia
21
68 »/b
53%
1961—ApriZ-Oct
1973
B
1965
5s
ACertificates of deposit
Feb-Aug
—
first
Rubber
&
East
AFirst
93
68
Southern
(stamped
Tire
{Florida
A
mortgage 5s series
4%s
=
50%
58
—June-Dec
1950-,
mortgage 4%s series C
&
Firestone
62
Va
89
RR—
First
Colorado
93 %
102% 103 '/b
June-Dec
Ry—
1982—
First
103
104
83
June-Dec
Cleveland Short Line first gtd 4%s
Cleveland Union Terminals Co—
100%
92%
79
June-Dec
guaranteed
96 Mi
100%
__
83
April-Oct
June-Dec
1993
Pittsburgh
D
92%
20
Railroad Co—-
Collateral
B
High
7
104
Jan-July
First consol mtge 3V8s series G 2000
Jan-July
First consol
mortgage 2s series H 1953_A/ar-Sept
Ohio Division first
mortgage 3y4s 1971_Mar-Sept
73 %
68
Refunding and impt 4%$ series E
1977—Jan-July
Cincinnati Wab & Mich Div 1st 4s:
1991_Jan-July
St Louis Division first coll trust 4s
1990-May-Noo
Cleveland Electric
Illuminating 3s 1970
Jan-July
Cleveland
Southwestern
stamped 1965
General
1993———
series
&
Francisco
Jan-July
1959
Cincinnati
General
68
92%
*92
1969—Feb-Aug
1974.^
Feb-Aug
Ice & Fuel 2%s debentures 1966
City Investing Co 4s debentures 1961
General
3
79
E
City
Cleveland
Low
96 V2
*100 Mi
mtge inc 4y2s series A Jan 2015_Jan-July
First consol mortgage 3'/4s series E
1964_April-Oct
First consol mtge 3'/bS series F 1990
42
49%
1952_Jan-JuZj/
1962_Mar-Sept
D
series
First mortgage 23/4s series G
C I T Financial
Corp—
debentures
36
60 '/a
mtge 23/4s 191 b. April-Oct,
1978-:
gtd
326
89 '/2
Terminal—
mortgage
2%s
4s
conv
Feb-Aup
General
101
80
Jan-July
& Elec
103%
99%
42
Jan-July
27/8s
and
102%
15
April
mortgage
First
28
-.June-Dec
mortgage
First
109%
37%
Paso
Great Northern Ry
First
Cincinnati Gas
112 y4
108%
91 VB
April
First
Indiana
El
Erie
111%
Mi
Memphis Division 1st gold 4s 1951
June-Dec
Chicago Terre Haute & Southeastern Ry—
First and
refunding mtge 23/4-4V4s 1994-Jan-July
Income
23/4-4V4s
1994
1
Jan-July
Chicago Union Station—
Chicago & Western
Jan. 1
No.
100% 100%
100%
April-Oct
Range Since
Sold
High
96 Mi
Va & Georgia div first 5s
1956_May-Nou
(N Y) first cons gold 5s 1995_Jan-Ju!p
Elgin Joliet & Eastern Ry 31/4S 1970
Mar-Sept
5s
1
100% 100%
—Jan-July
Jan
5s
96%
East Tenn
114
5
Ry—
A
ser
Orleans
114
120'/4
109
73
1999—April
1989
Pacific
4'/2s
New
B
1
119%
—
40
Jan-July
2019-April
1
2044-
North Western Ry—
mortgage conv inc 4!/2s Jan
mortgage
Chicago
Bonds
Bid & Asked
Edison El 111
102% 103
Afap-Nov
B Jan
Light Co 2%s 1977
mortgage 2%s 1979
1st
103
&
Second
Range
Friday's
or
Sale Price
133%
100 Mr
1988—Jan-July
1994
ser
increased series
conv
Chicago
A
Duquesne
130
A2nd mortgage 4%s inc ser A Jan
2003_Jan-July
Chicago Indiana & Southern 4s 1956
Jan-July
Chicago Milwaukee St Paul & Pacific RR—
"
4s
Week's
Last
Teriod
Detroit Tol & Ironton RR 2%s ser B
1976_May-Scpt
Dow Chemical 2.35s debentures 1961
104
109
mortgage
mortgage
Interest
Exchange
May-Nou
104
111% 111%
4%s Jan 1 2038_Jan-July
Chicago Ind & Louisville >Ry—
A 1st
mortgage 4s inc series A Jan 1983_Jan-July
First
103%
—
102%
May-Nov
1982—
A
'<
104
102 y2
__
1997—Jan-July
1985
series
105%
11
__
Chicago & Eastern 111 RR—
First
105%
103%
1958
..Jan-July
refunding 4%s series B 1977—Feb-Aug
refunding mortgage 3Vas 1985—Feb-Aug
refunding mortgage 27/eS 1970—Feb-Aup
and
First
Friday
BONDS
New York Stock
High
132'/2 133
133
4s
First
24
Low
103 7/s 104
4s
gold 4s
Chicago Burlington & Quincy RR—
Low
103>A
Mar-Sept
consol
FEBRUARY
r
^
19921
first
ENDED
'Jan. 1
No.
104
*103
__
M 3!/2S series D 1996—May,-Nov
M 3'/2s series E 1996_ -Feb-Aup
consolidated
General
Feb-Aug
FebrAug
WEEK
Range Since
Sold
High
*l05Va 106
impt M 37/ss series H 1973—June-Dec
div
A
1974-
Bonds
Bid & Asked
Low
Central
FOR
Week's Range
B
:
A
July 1952—
1956
series
C
Jan-July
April-Ocf
84
83%
93
81%
88
33%
32%
36
455
32%
39%
80
81
6
75
82 Va
13
61
3
96
Jan-July
„_Jan-Julp
1956
§ A International Hydro-Elec deb 6s
1944_ApnZ-Oct
Inter Rys Central America first 5s B
1972_May-Nop
*80
84%
83%
61 VB
96
96
74%
73
75
61 %
96
—
82%
61 %
100
D
Dayton
First
First
Power
& Lt first mtge 2%s
mortgage 3s
1978
mortgage 3 series A 1978-
1975_April-Oct
Dayton Union Ry-3%s series B 1965
Deere &
Co 2%s debentures
1965—
Delaware
&
Delaware
Lackawanna
New
Hudson
First
and
A Income
Morris
4s
refund
mortgage
&
Essex
Collateral
due
series
First
Denver
C
April-Oct
4-6s
1
841a
Rio
Grande
2042—Afap-Nov
,
First mortgage
1%
series
A
(3%
1%
1
General
and
General
3%s
and
3s
convertible
Detroit
&
ASecond
Detroit
For
interest)
series
G
2%s
1966
debentures
Mack
gold
first
4s
Terminal
footnotes
&
lien
gold
4s
97
page
84 VB
1st
63 Va
67
67
4
81
/
3
59%
65%
86
63%
68%
„
105
105
25.
Kansas
City
Southern
97
34
95%
97%
76%
25
69%
76%
siy,
91%
32
91 Vb
105
105 y4
108
105
Ry
1st
3s
1961
unguaranteed
;
—^
1961
104%
107%
9
106%
1081/4
4
1021/4
114%
103 %
113% 114%
166
H2y2
115
C71/4
671/4
3%s registered 1997
Lautaro Nitrate Co Ltd—
11
102%
103%
AFirst mortgage income
*68
*67%
Laclede Gas Light 4%s conv debs
Lakefront Dock & RR Terminal—
1963—Afar-Sept
First mtge sink fund 3%s series A
Shore & Mich South gold 3%s
Lake
76
1,00 A
100^
104%
104% 104%
104%
104 %
11
103 Va
105%
104%
2
104 Va
105 VB
102% 102%
5
102%
103%
100 %
H 10 10 <!
*114%
*26
31
*100%
108
*98
*181 %
97
185
1
'A
97 VB
181 VB
181 VB
J,-.
104
104%
l'A
35
1
1
115'A 116%
55
114
120
*104% 105%
1 %
116%
1968-June-Dec
1997-June-Dec
__
1031/4 103%
..
5
93%
13
108 y4
103 y2 103 %
103%
103%
"
,v 100 ,v
100
Jan-July
J&n-July
Kings County Elec Lt & Power 6s 1997—April-Oct
Koppers Co first mortgage 3s 1964
;
April-Oct
{AKreuger & Toll 5s certificates 1959Afar-Sept
103y2
June-Dec
76%
103%
103%
*82
102%
1970_june-Dec
1995
73
103
„
*104%
Ry 2%s 1974—:
April-Oct
Kentucky Central gold 4s 1987
Jan-July
Kentucky & Indiana Terminal 4%s 1961_Jan-July
Stamped 1961
Jan-July
1982_May-Sepf
1961——Afap-Nov
26
*103% 103%
June-Dec
First mortgage 4s series A 1975
First mortgage 3%s series B 1968
Kansas City Terminal
I
.
74%
103%
1950—.April-Oct
ApriZ-Oct
4%s
96%
76%
June-Dec
4%s
1959-June-Dec
1976—Mar-Sept
Mich first gtd gold 4s 1990_April-Oct
Power & Light 2%s 1976
June-Dec
mortgage 2%s 1978
June-Dec
H
1958
Tunnel
2%s
&
June-Dec
series
1995
see
.
Jan-July
May-Sept
Light
K
Kanawha
Plain
1993
refunding 3s series
refund
82%
fixed'
(3%
contingent
Edison
104%
93% A 99%
fixed
Lake-
Income mortgage
Detroit
&
104
■*
9
*104%
RR—
interest)
1993——Jan-July
mortgage series A (4%%
contingent
interest)
2018—
April
Salt
94%
107 %
contingent
&
104 %
94
—
AIncome
Denver
__
1979-Jan-Julp
Western
Jamestown Franklin & Clear first 4s
Jersey Central Power
•
*58%
Power & Light 3s 1973—
April-Oct
mortgage and coll trust 3VaS 1977_June-Dec
mortgage and coll trust 27/8s
&
^
"v
Kansas City
Afap-Nov
May
—
104
94%
division
trust
105 VB
>101
1973_Afap-Nov
1993
Delaware
First
—June-Dec
extended
5s
103%
■
;
&
M
103
-
__
1963
May-Nov
Western RR Co—
Lackawanna & Western Div
York
103
__
Jan-July
June-Dec
90
90
90
*—
June-Dec
90
1
89%
94
84
■
—
90
90%
94
.
reg
1975
June-Dec
92 %
92%
92 %
11
%
f
24
THE
(868)
COMMERCIAL
&
Monday, February 27, 1950
CHRONICLE
FINANCIAL
NEW YORK BOND RECORD
Last
Period
Exchange
Sale Price
or
ref
5s
stamped
Feb-Aug
Feb-Aug
1954
1st & ref 5s stamped 1964
1st & ref 5s stamped 1974
Lehigh Valley Harbor Term Ry—
First mortgage 5s extended to 1984
High
"95%
Low
No.
94
__
100% 100%
82 Va
5
100%
High
82 Vo
82%
1
82%
85%
77
Feb-Aug
78%
3
75 Va
80%
70
68%
70
37
68%
74
74
74
4
72'A
&
74 %
_Jan-July
May-Nov
55
Vi
55%
56 %
32
May-Nov
59 '%
59'%
60 %
13
53'A
61
May-Nov
64 V2
64 Vi
65
12
63
65
Series
D
4s
contingent Interest 2003
May
37%
37%
38%
125
33%
38'A
Norfolk
Series
E
4Vis
May
42
41%
42%
65
36%
42'A
Series
F
5s
44 Vi
45%
26
40
45%
5s convertible inc 2014— April-Oct
Norfolk & Western Ry first gold 4s 1996— April-Oct
bonds—
mortgage
fixed interest
2003
interest 2003
interest
contingent
2003
Interest
contingent
2003
N
May
53'%
57
Lehigh
Valley Terminal Ry—
First mortgage 5s extended to 1979
Lexington & Eastern Ry first 5s 1965
Liggett & Myers Tobacco 5s 1951
A
Miami
Lombard
7s
debentures 5s
Co
Y
Southern
A General
2 Va
10
2%
3%
102% 102%
21
102 »/4
102 %
102%
*61%
"76
svh-Aug
"120
*99%
Feb-Aug
104%
May-Auv
Feb-Aug
45'%
47
47'%
—
*72'%
103%
103
13'%
16
102%
debentures
1963—
Nashville
&
April-Oct
107
107%
*105%
—
.106
106%
*106% 108
107
107'%
*91'%
92%
92
88
114
General and refunding 4 Vis ser A 1974— Mar-Sept
*110
107
107
general & ref
Central
5s
104%
105%
105
105%
General
105
3s registered 2047
.Quar-Aug
Refunding and improve 4%s ser A 2047. _Jan-July
C 2047.
Jan-July
Refunding and improve 5s series
Refunding and improve 5s series D 2047. _Jan-July
Collateral trust 4%s 1975
.Mar-Sept
12
130 'A 130%
130'%
122'/a
Northern
4s
11
First
and
refund
First and
St
98%
98%
mtge 2%s ser G 2003—April-Oct
Knox
•iV
Div 4s
Cincinnati
&
Louisville Gas & Elec
"
1st
1955
mtge 2%s
'
99 %
"84%
refund mtge 3%s ser H 2003—April-Oct
Div second gold 3s 1980
Mar-Sepi
Louis
Atl
"105
RR—
First and refund mtge 3%s ser F 2003—April-Oct
27
86
May-Nov
83
4
100%
100 %
88%
104%
Pacific Ry—
lien
.Quar-Jan
1997
4s
registered
Northern
gg
z
107%
108%
4
*108% 108%
1978—May-Nov
96'%
'
■
102 Vi 102 Vi
>>
102%
103%
103% 103%
.Quar-Feb
28
106'% 106'%
63%
63%
64'%
108%
112
2
106'%
107%
45
108% 109'%
109'%
.Quar-Jan
1997
lien 3s Jan 1 2047
63%
!
M
H)
(R
Maine
&
Co
Central
2%s
RR
debentures
4'/2s
(Minnesota) first mortgage 2%s 1974—„Feb-Aug
First mortgage 2%s 1975
-April-Oct
First mortgage 3s 1978
„Jan-July
"102 %
103
72 Vi
73
3
16
88'%
94
2
88 'A
First
mortgage & con 4s series B 1954„June-Dec
94
94
Sugar 4s sinking fund Feb 1 1957—May-Nov
90
90
90%
RR
102%
94
Manati
May
Lines)
4s
1959
May-Nov
"56 %
Dept Stores
2%s debentures 1972
Jan-July
Corp first mortgage 3s 1966
-June-Dec
Metropolitan Edison first mtge 27/aS 1974—May-Nov
—
"102%
72
54%
— —
"100% 101%
Mead
102 %
76
debentures
Michigan
1988
Jack
Lans
gold
&
100%
Sag 3Vis
1952
"107%
Mar-Sept
May-Nov
1951
*102
6
104'%
104%
First
37/8s
mortgage
27/aS
1969
Minnesota
St
First
of
N
first
J
Mining &
Paul
&
ext
St
4Vis inc
Kansas
&
lien
Hen
ACum
series
4Vis
Pacific
AFirst
and
General
A Jan
ser
1990
4s
87
109
109%
1
101
D
1
63
6
106
55i%
*103'% 104
103
1967April-Oct
series
A
84%
5
87%
52
4
49'A
54%
80%
81
14
77'%
85%
88%
88%
2
847/a
92%
79
79
79
5
74
81'%
"
79
76 Vi
76
75 "
82'%
72'%
82'%
30
93'%
100%
79%
.
77
r
5
f
22
■
.
\
1965—Feb-Aug
1975—
97% ;98%
66 Vi
69%
673
G3'%
74%
refunding 5s series F 1977—Afar-Sept
98
97'%
98%
143
92%
100'%
refunding 5s series G 1978—May-No®
§AConvertible gold 5Vis series A 1949—May-Nov
99
99
94
101%
37 Vi
36'/8
38%
689
33%
AFirst
99%
99'%
99'%
8
93'%
AFirst
and
AFirst
Afar-Sepl
and
and
refund
gold 5s ser H 1980_April-Oct
AFirst and refunding 5s series I 1981
Feb-Aug
Mohawk
&
Malone
Monongahela
Morrell
Morris
Ry
(John)
&
&
97%
98%
92
1991
61
61'%
2
B
1966
*104'/8
3Vis 2000-June-Deo
Construction
mortgage 5s series A
Construction
mtge 4 Vis series
3 Vis
Tel
debentures
87
4s
98 '/a
Mar-Sept
Feb-Aug
3s debentures 1958—May-Nov
Co.
States
99'%
gtd
Essex first guaranteed
Mountain
67
series
first
3Vis
&
Tel
1955_May-No®
May-Nov
1986
56%
56
53%
79
76'%
*99
*105
7
75'A
72
3
99'%
—
—
98 'A
'
106
105
57%
81'%
78
S9%
105
First
National
3s
Chattanooga
Dairy
debentures
Nat'l
St
&
Distillers
National Steel
debs
3 Vis
National
Supply 2%s debentures 1967
Naugatuck RR first gold 4s 1954
New
3s
guaranteed
debentures
B
1974
Jersey Bell Telephone 3%s
N
Junction
RR
gtd
Orleans
Orleans & Northeastern
Great
5s
Nor
A
1983
Orleans
AFirst
5s
Texas
series
B
ACertificates
AFirst
5s
4Vis
of
series
AFirst
5Vis
New
York
of
Central
Consolidated
RR
Central
General
&
Hudson
1998
1997
Jan-July
*101'%-
105
1998
Y
2000
Mortgage 4s series A 2043
102
:
_
—
_
-
106
100'A
100%
103'%
19
104'A
103 '/a
104%
18
100
98%
99%
47
98%
101'%
99»A
101
17
97%
101% 102%
14
101 'A
102%
100'%
101'%
—
59%
90
58'A
62
63'%
,62%
63%
184
61'A
65%
70
105
67%
71%
70
69 Vi
79
80%
*75
77%
79
58 Vi
Feb-Aug
*54%
57
45
_
58%
6
58%
56%
57
*53%'
79
83
74
78
57'%
61
4
N
Vis
&
West 4s
series
B
Y New Haven
53'%
56%
59%
55'A
102'%
103%
98'%
40
56
52'%
60
series A
_ApriI-Oct
Feb-Auy
95%
101
1973
1973
*94
12
100
95%
100% 101
'100%
—
99%
7
99%
94
95%
--
74%
*79
74%
81
100'%
101%
100%
21
100%
*
94
*95% 100"
May-Nov
May-Nov
13
—
95
73
74%
77%
1978
April-Oct
Mar-Sept
3 %s
debentures
1883
A
and
General
Harlem
First
refunding mtge 4s
Pacific Western
Oil 3%s debentures
Paducah & 111 1st sink fund
2007—Jan-July
67%
67
47'/,
47%
&
Port
mortgage
4s
ser A
"67%
125
64%
68
47%
158
44%
48
May-Nov
106%
101%
102%
12
102
102'%
104
10
103%
104%
105%
105'%
102% 102%
1
105%
106'A
105%
106'A
10
106
107
9
106
106%
105%
106'A 106'A
4
106% 106%
*105'% 106%
106%
page
25.
106%
102% 102%
4
101 'A
102'%
104%
104'A 104%
12
103'%
104%
105% 106'%
12
105%
106'%
2
104%
105%
10
100'A
100%
103
103%
105
100%
105
100% 100%
103% 103%
105'A
1
105'/a
5
10
*105'% 106%
105%
107
107%
105%
105'A 105%
107'A 107%
106 "A
*101
1964—June-Dec
*104'A
A 3
77%
%s convertible Inc debs Sept 1 I960—April-Oct
77%
3
OO io"-
77 Va
Pennsylvania Co—
*103'%
Guaranteed 4s series E trust ctfs 1952—May-Nov
Pennsylvania Glass Sand
3'%s 1960
April-Oct
April-Oct
sinking fund debentures 1965
4'%s series A
B
4%s
*—
3s
4s
103%
104
2
114
115
June-Dec
1963
external
Baltimore
5s
geld
105'A
9
102%
102'% 103'A
107'%
106% 107'%
April-Oct
97%
81
100%
103%
19
104
107%
97%
98'A
50
97%
98'%
72
101'A 101'A
84'A
-
93%
94
84'%
2
98'A
98%
100%
31
101%
84'%
81
June-Dec
series
B
&
Wash
RR
57%
58 Vi
8
57%
April
Feb-Aug
Mar-Sept
15%
15%
6
15'A
103
103
~5
61
17%
102
103%
Co—
1974
4'%s series C
134%
127
April-Oct
1960
Marquette Ry 3%s series D 1980
Philadelphia
104'A
—
& Coke Co—
convertible debentures
& Eastern
103'A
1
:—June-Dec
1965
1968
mortgage 3%s series F 1985
Peoples Gas Light
103'A
104'% 104'%
114 '/8 114%
104'%
Feb-Aug
1960
104
103%
103% 103%
June-Dec
Pennsylvania Power & Light CoFirst mortgage 3s 1975
102'A
—
*110%
Feb-Aug
Philadelphia Co collateral trust 4%s 1961—Jan -July
Philadelphia Electric Co—
: ■'
105
refunding 2%s 1971
June-Dec
First and refunding 2%s 1967
May-Nov
First and refunding 2%s 1974
May-No®
First and refunding 2%s 1981
June-Dec
First and refunding 2%s 1978
Feb-Aug
{§APhilippine Ry 1st sink fund 4s 1937—Jan-July
ACertificates of deposit
Feb-Aug
105
105%
104
and
110
110%
3
107'%
109'%
12
104%
106'A
1
103%
104%
—
109'% 109'%
Jan-July
1977
104
104%
103% 104 »A
29
103%
104%
103'%
103% 103%
14
102%
103%
102%
102% 102%
5
102%
103%
5
8
8
8'/a
30
103
103%
106%
106%
111'A
112%
*104'/a
8%
*8
103
103
8%
8'%
103
~9y«
*100
101%
Pittsburgh Cincinnati Chic & St Louis Ry—
*102% 108
Consolidated
guaranteed 4s ser F 1953—June-Dec
Consolidated guaranteed 4s ser G 1957—May-Nov
Consolidated guaranteed 4s ser H 1960—Feb-Aug
Consolidated guarahteed 4'%s ser I 1963_Feb-Aug
Consolidated guaranteed 4'%s ser J 1964_May-Nov
Pittsburgh Cine Chicago & St Louis RR—
General mortgage 5s series A 1970
June-Dec
*106%
*103'%
*111'%
*111 »/a
105%
—
—
—
111
105% 105%
General
105% 106'%
9
General
*86'%
mortgage 5s series B 1975.
April-Oct
mortgage 3%s series E 1975
April-Oct
1st mtge 3'%s 1964—May-Nov
Pittsburgh Consolidation Coal—
3'%s debentures 1965
Jan-July
106%
'
101
Pittsb Coke & Chem
Pittsburgh Steel 1st mortgage 4%s 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
First mortgage 4%s series C 1960
April-Oct
Pittsburgh Youngstown & Ashtabula Ry—
First general 5s series B 1962
Feb-Aug
First general 5s series C 1974
June-Dec
First general 4V%s series D 1977
June-Dec
Plttston Co 5'%s income debentures 1964—Jan-July
...
106%
103%
1
111
103'%
—
87'%
101
83
3
.
*102% 103
101
101
101
86 y8
100
101%
102%
103
101
9
102%
94'%
94'%
1
94
96 y4
94'%
94%
4
94'%
96'A
94%
95
9
93'/a
*108%
__
96'A
108
108
—
Power
1st
mtge
First
mortgage
3Vis
1977
101%
103
First
mortgage 8s
mortgage 2%s 1984
Providence
Terminal
1983
4s
1956
3y<s 1966—Jan-July
Feb-Aug
11
100'% 100'%
5
1 CD
CD 1
105
105
2
105
105
Z"
105
105
v"
OO £
*107
Jan-July
May-Nov
*105
106
Mar-Sept
*98
103
'
—
T—
s
For footnotes see
13'A
105'%
5
102%
gold 4%s 1955_Jan-July
First
Chester—
1954—
12
4
12
Pennsylvania-Central Airlines—
Potomac Elec
mtge conv inc 4 Vis series A 2022—Ma j
River
106%
Mar-Sept
*
First
107%
79%
Hartford RR—
&
107%
1
100
98%
58%
.May-Nov
—
106% 106%
April-Oct
1987
debentures
General
59%
Jan-July
Jan-July
Mortgage 4s series B 2043
Lack
1986
debentures
3%s
General
100% 101%
98%
April-Oct
N
Y
debentures
3'/a
105
106
*—
1986
N
N
June-Dec
2%s
104%
1
„
102% 102%
series F
3'%s
2%s debentures 1985
Pere
—
103% 104%
98%
Feb-Aug
Connecting RR 27/8s series B 1975
Y Dock first gold 4s 1951
gold
refunding
& Tel
105%
—
First
Harlem
and
105
Z
\
*103%
Jan-July
3'%s
N Y
&
First
Pacific Tel
119y8
St Louis—
3s
refunding
First and refunding
First and refunding
118%
*75
Refunding mortgage 3'As series E 1980—June-Dec
mortgage
refunding
and
1990
Peoria & Pekin Union Ry 5'%s 1974
River RR—
1998—
York Chicago &
refunding
and
First
Peoria
*100
Michigan Cent collateral gold 3'%s 1998—Feb-Aug
3 Vis registered 1998
Feb-Aug
New
and
First
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%s series R 1982—June Dec
3s series 8 1983
June-Dec
101'%
'
registered
refunding 3s series
Pittsburgh Bessemer & Lake Erie 2%s 1996_June-Dec
—April-Oct
3'%s registered
1997
Lake Shore collateral gold
3>%s
and
104%
~
Co—
3 Vis
mortgage
First
*105
106'%
101
Feb-Auy
Feb-Aug
Refunding and impt 4'/2s series A 2013_ApriI-Oct
Refunding and impt 5s series C 2013
April-Oct
N Y
refunding 3s series J 1970
June-Dec
refunding 3s series K 1971—June-Dec
Phillips Petroleum 2%s debentures 1964
1954
A
and
103%
~5
104% 104%
*105'%
deposit
series
4s
and
First
mortgage 4%s series E 1984
deposit
series A
ACertificates
Feb-Auy
1956
D
of
First
Jan-June
105
101'%
102%
*105'% 107%
refunding 3%s series I 1966—June-Dec
5s series
9 9'A
1956
deposit
104
General
*107'%
104
102
P
and
4%s series D 1981
Ry—
April-Oct
102'% 102%
106
106
deposit
series, C
ACertificates
Mexico
103'A
50
Pacific Gas & Electric Co—
First
1954
of
ACertificates
AFirst
&
102'%
Oregon-Washington RR 3s series A 1960—April-Oct
General
RR—
Refunding and impt 4Vis series A 1952—Jan-July
Orleans Term first gtd 4s 1953
Jan-July
{New
102'A
June-Dec
June-Dec
1979
105%
*
Jan-July
New
102
97%
105% 105%
Mar-Sept
New
106%
101 Vi
*118% 119%
1974
12% ' 12%
Jan-July
May-Nov
3s
New
&
_Feb-Aug
1975
3 Vis 1978
First mortgage 3s
94%
*102
Light
Jersey
102
24
—
106
April-Oct
104%
Jan-July
*99%
102
*105
Feb-Aug
New
Power
1988
102% 102%
102
Convertible debentures 3%s 1952
*100% 101'%
1986
105%
—
107'% 107'%
General
May-Nov
4s
97'A
104'A
102
102% 103'A
*104%
'
—
106 %
June-Dec
first
93
10
20
*102%
—
103 %
Mar-Sept
New
J
1961
1982
debentures
3s
2%s
Electric
&
First mortgage
AIncome 4s April
series
104% 105
—
•—
106
15
103%
April-Oct
4 Vis
Gas
Jan-July
^.Mar-Sept
April-Oct
2%s 1975
93
99%
England Tel & Tel Co—
First
94%
103
103.
debs
1974—Aprtl-Oct
Corp first mtge 3s 1965
April-Oct
93%
94
104%
*105'% 106
1970—June-Dec
June-Dec
Products
First mortgage
General
*93%
Feb-Aug
1970
•97%
O
General
1986_
S3
May-No®
1979-
{Ogdensburg & Lake Champlaln Ry—
§ AFirst guaranteed 4s 1948
Ohio Edison first mortgage 3s 1974
3s
Louis—
3s series B
Products 2%s
mortgage
debentures
Pennsylvania RR—
Consolidated sinking fund
N
Nashville
2
61'%
102
54'%
36
79'%
76 Va
79
May-Nov
100%
103%
102
55%
April-Oct
1978
92%
40%
102
103%
—
"102
1955
B
2%s
94%
63
Co—
5s
91
Telephone—
106%
103%
52
81
Jan-July
Jan
A
3%s
Bell
First
86'%
86'%
v
Jan-July
1978
94
—
106
63
1991—May
—Jan-July
89'/a
101 'A
)•.
5s series
RR
83%
9
106
1971—May
June-Deo
1962
refunding
4s
A Jan
1962
series
adjustment
{Missouri
A
B
85%
"102%
April-Oct
_April-Oct
_Mar-Sept
First
RR—
series
5s
40-year 4s
1967^
Northwestern
Oklahoma
__
Marie—
Texas first
Missouri-Kansas-Texas
A
102
„
85%
Jan-July
April-Oct
1940
series
AGenerals mortgage 4s inc
Missouri
Prior
O •J
101% 101'%
Mar-Sept
1967
5s
Mfg 2%s
Saulte
mortgage
Prior
„
109'% 109 %
Afar-Sept
mortgage 3%s 1969
sinking fund debentures
t§AMidland
Minn
107'%
101'A
„
*99%
Refunding and impt 4Vis series C 1979—Jon-July
Michigan Cons Gas first mtge 3Vis 1969—Mar-Sept
First
2%s 1979
first mortgage 2%s 1977.
First mortgage 3s 1979
101%
104 Vi 104 Vi
April-Oct
3 Vis
86
-
55
—
Central—
First
5
•
—
Michigan Bell Telephone Co—
3 Vas
88
63'%
90%
June-Dec
Manila
(Southern
66
86'%
*59
Feb-Aug
mortgage
(Wisconsin)
1972—May-Noe
1960
series A
70'A
64
86'%
States Power Co—
First
Macy
103'%
*107'/a 1C7%
■
3s
Louisville
17
74
74
79%
103%
133'%
Prior
105
.
114
__
105
106'%
42%
G5
130
122'%
—
"60
105%
47%
*115
104%
"102%
105
77
—
Ry Co—
9
104% 105 %
June-Dec
1951
74'/4
63'A
57
*105'% 106%
mtge
—
—
63
9%
1974— Mar-Sept
Northern
April-Oct
4s series A 1902
series A 1952
general
Electric
(P)
2%
*17'%
fixed
Lorillai'd
3
*13%
5s
Little
7%
.-Feb-Aug
Series C
Series A 4s
44
—Feb-Aug
5s 1940
SATerminal first gold 5s
Series B 4Vis fixed interest 2003
consolidated
High
8
§ A General gold
.May-Nov
1943
_Jan-July
Telephone 2%s series D 1982
Refunding mortgage 3%s series E 1978 -Feb-Aug
_Jan-July
Refunding mortgage 3s series F 1981
Mar-Sept
Niagara Falls Power 3 Vis 1966
——
General
Jan. 1
Low
No.
High
7%
§ ASecond gold 4%s 1937
Lehigh Valley RR—
Range Since
Sold
RR—
Y
Susquehanna & Western
§ AFirst refunding 6s 1937
70
to 1974—Jan-July
4'/2s extended
mortgage
Power
Bonds
7%
.June-Dec
——
Light 1st mtge 2%s 1975— .Mar-Sept
N Y & Putnam 1st consol gtd 4s 1993
.April-Oct
_J an-July
N Y State Electric & Gas 2%s 1977_Jan-JuZy
N Y Steam Corp first 3%s 1963
Y
{N
Feb-Aug
lboo—
15
ai
94%
101
Range
Friday's
or
Bid & Asked
Low
N
100%
Week's
Sale Price
Period
New York Stock Exchange
Jan. 1
Last
Interest
BONDS
Range Since
Sold
Lehigh Valley Railway—
First
24
{AN Y Ontario & West ref 4s June 1992_ .Mar-Sept
Lehigh Coal & Navigation CoSinking fund mortgage 3Vas ser A 1970_Aprll-Ocl
Lehigh Valley Coal Co—
&
FEBRUARY
Friday
Bonds
Friday's
Bid & Asked
Low
1st
ENDED
Wectfs Range
Friday
Interest
BONDS
New York Stock
WEEK
FOR
RANGE
~
Volume 171
Number 4885
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
(869)
25
NEW YORK BOND RECORD
RANGE
Friday
BONDS
New York Stock
Interest
Exchange
&
Gas
debentures 1963
May -Nov
First and refunding mortgage 3Vis
1968_Jan-July
First and refunding
mortgage 5s 2037—Jan-JuZy
and
First
and
Quaker
1041/2
Oats
Jan. 1
debentures
1964_
24
High
No.
Low
BONDS
1041/2
105'A
—
151%
151%
106 %
106%
1051/2
105%
1051/b
*101'/a 102',2
101%
1021/2
*
Term
New
of
Orleans
3%s
1974
June-Dec
Ohio Cent
&
Tri-Continental
Jan-July
April-Oct
impt 3%s I960—June-Dec
2%s debs 1961
Afar-Sept
Reynolds
(R J)
Rochester
Tobacco
Gas
General
<S?
General
3%s
mortgage
RR
April-Oct
105%,
93%
C?
1051/4 105'A
Series
stamped
I
J
stamped
Corp
104%
2%s
105%
St
Lawrence
Second
St
gold
A
Adir
&
series
1st
gold
6s
1971
6s
U
2%s
*1061/4
1996_
106%
1st
8
7 3'4
mortgage
4s
series
A
1997
81/4
31/
81/4
__
St
Paul
&
Paul
Union
Air
72
72
4s
A
Seagram
3s
mtge
(Jos E.)
Union
series
A
1996
series
A
92
93
62%
63%
*—
105 3 i
2%s
Skelly Oil 2%s
Socony-Vacuum Oil 2Vis
&
North
Ala
1971
debentures
2%s
Pacific
First
Ry 23/4S
1969
A
1977
Gold
4 Vis
1981
San Fran Term 1st
mtge 3%s
Pacific RR Co—
991/2
mortgage 2%s
series
E
23/4S
series
F
mortgage
2%s
series
G
1961
Ry first consol
gold 5s
3Vis
82%
Walker
981/4
99
Walworth
99
99%
59
60
4Vis
and
and
Warren
First
and
refund
M
and
First
Texas
refund
M
&
Pacific
General
and
3Vis
refund
M
B
C
5s
West
Penn
Electric
West
Penn
Power
105
West
78 V2
37/8s
ser
Shore
Pacific
Western
Union
1031/4
Funding
Si
90%
88
.."95
,
14,,
96%
58
V.92%
13
/103
gold
5s
2%s
2.65s
96
Wilson
101%
Winston-Salem S
97%
A
A
1033/4
1011/4
E
1
125
I
1966
2361
78%
101'/a
102
102%
102%
91
91
•*51'A
income
A
Jan
2014—
"5
103
105%
106 ,.«*»*•
15
105
106
106'A
18
106'/a 106%
105
101
102%
104'A
105
106
106%
106'A
9
61'A
6 31/2
24
57
58%
58%
14
551/2
59%
103% 103%
-
63'A
103'A
15
101%
104%
2
104%
104%
104% 105
'#
,
63%
4'As
May
101% 101%
2
101%
102%
May-No®
1950
IOOjV 100 A
7
100
100
100%»
89 Vol,
i
Mar-Sept
Jan-July
1973
88%
■
102
of
Electric
Electric
85%
91%
101%
102%
102
109
lio
June-Dec
1949
110%
478
106%
UO'A
12
101%
103% v
102'A 103
102% 102'A
102
1
102% 103
*115%
103;.,
102%
114%
Jan-July
first
4s
76'/4
75%
76%
89
74
77
43%
42%
43%
112
41
44%
2%s
1976
June-Dec
1979-
*100%
3'As
1971
Jan-July
107 %
Light & Power 2%s 1976_Jan-July
sale
100
100%
"l
107'A
107%
G2
99%
—
—
Afar-Sept
'
Service
not
included
in
the
107 Va 107 'A
9.9'A 100
year's
d-Ex-interest.
range.
e
Odd-lot
included
105% 105%
2
105%
106%
not
included
100%
101%
the
SNegotiability impaired by maturity.
tCompanies reported as being in bankruptcy, receivership, or reorganized under Section
Bankruptcy Act, or securities assumed by such companies.
"Friday's bid and asked prices; no sales being transacted during current week.
101
2
99% -991/2
1985_Jan-July
105'.8
1
99%
14
128%
130%
105% 105'A
7
103%
106
101
A Bonds
year's range,
the
selling
year's
n
Under-the-rule
range,
y
sale
not
included
in
the
year's range,
r
*
100
not
sale
105
in
Cash
sale
Ex-coupon.
77
01
flat.
NEW YORK CURB EXCHANGE
WEEKLY
In the
following extensive list
AND
YEARLY
RECORD
furnish
we
a complete record of
the transactions on New York Curb
Exchange for the week beginning on Saturday. Feb. 18
ending the current Friday, Feb. 24. It is
compiled from the reports of the Curb Exchange
itself, and is intended to include every security, whether stock
bond, in which any dealings have occurred
during the current
and
or
year.
RANGE
Friday
STOCKS
New York Curb
Motors
Acme Aluminum
warrants
Adam
Aero
Hat Stores
;
Shares
Manufacturing
Associates Inc
—
Alaska
Alles
Airlines
&
Fisher
4.20%
1
preferred
Inc
__
1
>
$3.75
Co
common
preferred-
Aluminium Ltd common—
For
footnotes
see
Jan
Amer
15
14%
Jan
American
Bantam Car Co class A_.
1
%
%
Jan
2,000
American
Beverage
1
1 %
1%
100
Jan
23%
Air
Filter
5%
conv
pfd
common—
4%
Jan
5%
Jan
American
Book Co
700
1%
Jan
2%
Jan
American
Cities Power &
Jan
American
Feb
4%%
10 Va
10'A
3
8%
87%
100
1.200
10%
Feb
8%
400
7%
Jan
8'A
8%
1.700
86%
87%
30
101% 102
„
4%
4%
.
4%
7%
80
125
99'A
6,300
4
12
8'A
'
Jan
8%
Jan
Jan
87%
Feb
Jan
Jan
1
102
$2
100
General
Corp common
$2.50
Jan
American
convertible
Hard
1
preferred—
Rubber
18%
"3%
18'A
6
18%
6
Jan
16'A
Jan
18%
Feb
American
100
Manufacturing Co
5%
Jan
6%
Jan
American
6
Jan
*
*
page
55%
.
—
__
—
•
48%
54%
American
Metal
25
Maracaibo Co„
Jan
?
4
,
Jan
American
Laundry
Machine
11.900
51 'A
Jan
56%
Feb
American
100% 100%
96%
Jan
lOl'A
Feb
American
Natural
100
24%
Jan
Jan
American
Potash
20
7
46%
7
48%
26
50
6%
Feb
8'A
Jan
2,900
45%
Feb
49V4
Jan
Gas Co
&
Class Ei
American
Jan
Feb
8%
Jan
-
-fir
.<
1%
81
Feb
Jan
Jan
Jan.
9%
9%
9%
2%
2%
114
2.000
2'A
125
114
Jan
9%
2
115
Feb
34 Va
35
Feb
Jan
2%
341A
Jan
351/2
Jan
39
35
Jan
40
Jan
250
10%
Jan
13%
Jan
600
100
12
11%
12
Jan
common
Chem
6%
pfd
class
A
19%
20'A
550
19%
Jan
21'A
25
16%
16'A
16%
800
16'A
Jan
18%
Jan
3%
3%
3%
6,600
3%
Feb
414
Jan
2
15%
15%
15%
1.000
13'A
Jan
15%
Feb
50'A
49
50%
2,600
47
29%
30%
275
—
v
•
10
Jan
30
Jan
50 Va
Feb
34'A
25
•
Republics
114
__
1
com
Meter Co
150
25%
^ Jan
1%
•
Products
56%
25%
High
14%
Jan
76'A
__
1
Co_
350
__
__
10c
convertible preferred
Feb
4%
13'A
Electric—
preferred
American
800
Light—
1
Gas &
14%'
100
:
Class B
10'A
8
1
100
Low
1%
4
2
__5
Range Since January 1
High
Jan
1%
common
Low
3
300
6
Manufacturing
Industries
3%
*
of America
cumulative
Aluminum
Par
2
1
common
Aluminum Goods
31% r
21
1
Aluminum
High
Jan
600
5
Tnvesting Corp
(Mich) common.
Brewing Co__
Bros
Low
4%
Allied
Altofer
Shares
4%
1
'common
Products
for Week
4"A
Allied Internationai
Altes
Range
of Pi ices
1 Y»
-_50
Alabama Great Southern
Power
Sales
Last
Sale Price
Friday
High
*
common
(N J)
Air-Way Electric Appliance-Alabama
Week's
STOCKS
New York Curb Exchange
1
Supply Manufacturing
Ainsworth
Loxo
>4
1
Agnew Surpass Shoe Stores—
Air
FEBRUARY
Range Since January 1
10
Inc
ENDED
for Week
;
Alloys——!
Acme Wire Co common-
WEEK
Sales
Range
of Prices
Par
ACF-Brill
Week's
Last
Sale Price
Exchange
FOR
Jan
37
Jan
26%
Jan
30%
Feb
31
29%
31
6,700
26
Jan
31
Feb
28'A
27%
28%
4,400
271/8
Feb
331/4
Jan
29
...
103
114%
4
--
—
deposit
Power
2%s
delivery
the
'
101%
•
104
in
100%
Jan-July
1936—Afay-Nov
deposit
and term
Public
99%
Y
89%
<
Mar-Sept
Jan-July
ApriZ-Oct
Jan-July
1960
4s
4:i>
v
45
116
100 Va 100%
Ry—
4s
mortgage
Deferred
101
TOO
June-Dec
first
of
div
Du
501/8
54%
*106%
—
106'A
521/3
1031/e
3
7
101
80
90
—
•102 "4 102%
Apr-Ocf
mortgage 3s 1958
general
Wisconsin
a
73
100
*101
104%
119%
1974
debentures
B
Certificates
Wisconsin
101%
104
2000—Feb-Aug
1971
first
Certificates
First
104 %
4:
2
103% 103%
Afar-Sept
Central
§ASu &
98%
103
Co
§ A First
50
105
73%
78%
'
April-Oct
mortgage 3V4s series D 1967
&
tWisconsin
107
40
1041/4
32
First
1031/4
106%
43%
3%s
series
estate
convertible
108
102
5
80
78
*90
1970
Wheeling & Lake Erie RR 2%s A 1992
Wheeling Steel 3'As series C 1970
106
130% 130%
—Jwne-Dec
104%
80
104'A 104%
105%
91%
101
99
103%
100% 1001/2
1976—Afay-Nov
3'As
1951
debentures
109
*101%
April-Oct
88%
13
102
guaranteed
4s
5s
101%
125
118
103%
3
90'A
16
1966—May -Nov
1960
105%
13
debs
gold
3Vis
4'As
105%
f
1991
Westinghouse Electric Corp—
■V.
120%
1(14'/a
gtd
real
103
125
116'A
]03i/2
Telegraph Co—
and
30-year
95%
931/4
Jan
April
April
April
1971
mtge 4%s-4s series A 1969
25-year
3
B
B
2%s
W
1981—
Jan
series
series
3'As
first
Western
921/4
A
registered 2361
Gen
*97»/2
■—.
11
100%
100
58'A
4s
97
*1031/4 1031%
Jan-July
90 %
Jan-July
Western Maryland first mortgage 4s
1952_April-Oct
83
103
98
123
103% 103%
100 %
1973-April-Oct
105
69
12P
97%
114%
103
*99
106 V'2
98%
931/4
*104
C
ser
1031/4
124
*104'A 105
Jan-July
Jan-July
94%
8
105
102%
rll6%rll7iA
May-No®
103V2
*103% 104%
97 Va
ref
102
95
96
105
~r
117% 123
122%
AprtZ-Oct
Afay-Nov
1995
debentures
107
100
*107
1970_April-Oct
1990_April-Oct
2000
first
37
102% 102%
Afay-Nov
series
gold
91%
*105 "2 106%
ApriZ-Oct
Terminal 2%s series A 1970—Feb-Aug
Ltg 5s stamped gtd 1950
June-Dec
mortgage 3%s 1967
Jan-July
mortgage 3s guaranteed 1979—Afay-Nov
General
Yonkers
series
3%s
first
RR
52
83%
48 3
*102% 103
1958
(subordinated)
101 %
103'A
108
May-No®
Texas Corp 3s debentures
1965—
Texas & New Orleans RR—
931/4
50
—
1975—Afaf-Sept
1978—Afar-Sept
Westchester
*10112 102
April
&
124
6
94%
95%
103% 105
2%s debs
impt M 4s series C 2019
impt 27/8s series D 1985
98'A
,
7
*102
Washington
99%
Terminal RR Assn of St LouisRefund
97%
Baking Co—
General
106 Va 107
1966—Feb-Aug
Standard Oil (N J)
debentures 2%s 1971—Afay-Nov
2%s debentures 1974
;
,—Jan-July
Sunray Oil Corp 27/8s debentures
1966—Jan-July
Swift & Co 2s/8s
debentures 1972
Jan-July
Refund
G
conv
106
2
114% 115'%
95%
Co
97%
93 %
105
(Hiram)
3'As
124
73%
"95
2013
5s
mtge 3'As
income 4%s
104
96%
April-Oct
1973
_
.
*105% 107
Jan-July
ref
5%s debentures
103
98%
59
93 V4
April-Oct
and
mortgage
75%
88
May-Nov
gold
103'A
96%
7
91
Afay-Nov
102)
mtge
First
28
102
'100
1955—Feb-Aug
E
ser
mtge 4s Income series
15
100 '/2 101V4
Jan-July
Jan-July
1985—April-Oct
Standard Oil of California
101%
102%
7812
April-Oct
at
Ry 3s series B
91
991/2
Jan-July
1994
97%
91
971/4
102%
*98% 100%
.
91
105
56
26
Wabash RR Co—
Ward
Jan-July
Jan-July
Jan-July
Devel and general 4s series A
1956—
Devel and general 6s series A
1956
Devel and general 6Vis
series A 1956
Memphis Div first gold 5s 1996
St Louis Div first
gold 4s 1951
Southwestern Bell Tel 23/4S debs
debentures 1983
ASpokane Internat first
100%
*104
94 Via
1996—
97%
103%
103%
'
96%
1031/2
105
102%
10
W
4
99%
102
96 V'2
1986
mortgage
110%
103%
104'A
Co—
Gen
*106 V2 IO71/4
102
A
1957
mtge 3s series F
debentures 1963
(Mar 2
consolidated
First lien
104%
60
99%
1975-June-Dec
First
96
97V4
1959—Afar-Sept
101
"123% 124V2
May-Nov
ser A
110
106
103%
bonds
B
mtge 2%s
convertible
First
119
105V4
"103
99%
Afay-Nov
First
debentures
661/2
'102%
100%
_
101%
103
7
*104% 104'A
*103
First and refund mtge 2%s ser G
1979—June-Dec
Virginia & Southwest first gtd 5s 2003
94%
62%
9
99
99
Afar-Sept
Southern
2%s
92
II
*50
Jan-July
Feb-Aup
Jan-July
Jan-July
1994
(Oregon Lines)
Southern
'
99
April-Oct
Co—
4 Vis
First
3%s
—
99
.
refund
72
Telegraph Co—
4Vis
Gold
1963
95%
101%
103%'
96
ApriZ-Oct
__
100% 100%
80% 81
81
April-Oct
1987
Indiana
Southern
5s
26%
92
110%
*103
Afay-Nov
April-Oct
series
4s
Gen
100%
June-Dec
gtd
*110
1991-Afar-Sept
1966
1976
series
Power
First and refund
Virginian
"103
1941_Feb-Aup
Jan-July
1985
debentures
Southern
7s
1976
RR
Southern Bell Telephone &
3s
debentures
1979
2%s
First and
gtd
&
71
1181/2
105',2 105%
*1261/4
June-Dec
debentures
Corp coll trust
debentures 1965
South
36
228
101%
*107%
June-Dec
1974_
Oil
t§ASllesian-Amer
C
2%s
debentures
fund
72
4
>118% 120
Jan-July
2016_Jan-July
Jan
& Sons 2%s 1966
debentures
Shell
J 04
Co—
4%s
General
3%s
consol
Electric
Called
63%
1989_May-No®
Firsts-mortgage
57%
21%
—
102% 102%
1967
65
72
92
2022
first
RR
1031/2
74
*100
Depot
Line
104'/2
*67 Vi
cons gold
4s 1968_June-Dec
3y8s B 1971
April-Oct
Scioto V & North Eastern first
gtd 4s
Seaboard
52
1
V
RR
sinking
Virginia
*104
May-No®
1989_Jan-July
1990—Jan-July
Duluth
242
*100
Feb-Aug
2%s series
debentures
Pictures
Consol
First 4s bond certificates 1989
Second 4s inc bond certificates Nov
General and ref gold 5s series A
St
55
25
*104% 1041/2
101/4
—Jan-July
May
mtge inc 4%s series A Jan
St Louis-Southwestern
Ry—
103'A
8%
1955_Jan-JuZy
ASecond
55
95 %
1970—June-Dec
debs
107%
7 3/4
April-Oct
Louis Rocky Mt & P 5s
stamped
Louis-San Francisco Ry Co—
St
High
1031/s
21%
May-Nov
1976
debentures
Universal
__
*1071/8
2%s
of America
Rubber 2%s
S
*106 V'2
Mar-Sept
Jan-July
1996
Lot®
RR—
debentures
Vandalia
3s
California
Refunding mortgage
__
S
Saguenay Power
of
United Biscuit Co
*1201/0
Jan-July
1941
Pacific
Q^iA
Jan-July
1949—
Oil
Union
93%
1977—Mar-Sept
1967—Mar-Sept
1967—Mar-Sept
1969—_Mar-Sept
H
series
3Vis
4%s
D
53%
of Missouri 3%s
1971—Afay-Nov
First mortgage and coll trust 2%s
1975—April-Oct
3s debentures 1968
Union
1955—Zlfay-Nov
1973
series
3%s
General mortgage
iARut-Canadian 4s
t§ARutland
debs
series
Jan. 1
NO.
U
Corp—
4%s
mortgage
General
3s
Electric
mortgage
D
Range Since
Sold
95'A
Union Electric Co
.Jan-July
R
ref 3VsS series
54
and
ref
—
Reading Co first &
Bonds
High
*10312 104%
Ry first refunding 4s 1960
AAdjustment income 5s Jan 1960
Tol
—
RR
tThird Ave
230
106 %
Range
Friday's
or
Bid & Asked
Low
109%
*221
Sale Price
Texas Pacific-Missouri Pacific—
109
"151V8
Last
Period
High
—
."109%
Week's
Interest
New York Stock Exchange
Q
2%s
FEBRUARY
Range Since
Sold
104'2 104 %
refunding mortgage 8s 2037—June-Dec
refunding mortgage 3s 1972—May-Nov
refunding mortgage 2%s 1979.June-Dec
First and
ENDED
Friday
Bonds
Bid & Asked
Co—
3s
First
Friday's
or
Sale Price
Low
Public Service Electric
WEEK
Week's Range
Last
Period
FOR
!
THE
(870)
26
COMMERCIAL &
RANGE
WEEK
FOR
ENDED
Monday, February 27, 1950
EXCHANGE
CURB
YORK
NEW
FINANCIAL CHRONICLE
I,1
FEBRUARY 24
Friday
Friday
New York Curb Exchange
American
2
10c
Seal-Kap common
Superpower Corp common
Low
$6 series preferred
American- Thread 5%
Anchor
Products
Angerman Co Inc
Anglo-Iranian
Amer
1
Angostura-Wupperman
1
Apex-Elec
Manufacturing Co
Appalachian Elec Pwr 4%% pfd
Gas
Oil
$1.20
&
Associated
Associated
5%
Jan
6%
Jan
7 '/a
300
6%
Jan
7%
13'A
13%
3%
3%
6%
6%
110
110%
3%
3%
735
12'A
Jan
13%
Feb
Jan
Jan
10%
400
2%
Feb
6%
Jan
7%
200
109%
Jan
400
3%
Jan
3%
2,900
10%
Jan
12'A
11%
10,700
10%
Jan
12'%
4,000
10%
Feb
11
114%
Jan
Feb
10%
8%
Jan
11%
Feb
Jan
Jan
25%
Feb
11%
Jan
11'%
Feb
6%
6%
£1
100
6%
of
America—
Line
—
1
Co
la
56'A
*
*
50
1
*
Jan
67%
11'%
18%
100
17%
Jan
18%
Jan
1,300
7%
Jan
10
8%
3,100
7%
Jan
8%
Jan
1
1,300
%
Feb
1%
Jan
13,300
65%
Feb
78%
Jan
xl5%
Feb
16%
Jan
12%
Jan
13%
Feb
16
Jan
17
Jan
Jan
3%
Plow
6%
16%
12,100
Jan
1,200
15%
6%
600
5'%
Feb
6%
100
8
Jan
8%
7%
20
500
7 %
75
12%
5,900
Jan
17%
4%
Jan
9
19%
Jan
22
de
Banco
Feb
Basic
Steel
Refractories
Jan
Baumann
(L)
9%
Jan
Jan
4
Bellanca
Telephone
Benrus
Benson
&
Hedges
Inc
Blumenthal
Bohack
(,S)
&
5%%
prior cumulative
Borne, Scrymser
Bourjois Inc:
Brazilian
Breeze
Traction
Corp
Bridgeport
Brillo
Gas
Manufacturing Co
Class A
British-American
British
Amer
Varnish Co__
Paint &
Amer
"A
dep
rets ord
Inc
Brown
cumulative
Brown
Rubber
Co
Bruce
(E L)
Bruck
Mills'Ltd
Buckeye
Pipe
Bunker
Burd
Co
Hill
Burma
Corp Amer dep
Biscuit Corp
Burry
California
dep rets 5%
Electric
Camden
Fire
Canada
Bread
$6 preferred
Cuban
52
Jan
86
Feb
15
Jan
16 %
Jan
Co
Curtis
7%
Feb
Jan
13 V4
Canadian
Jan
4%
Jan
3
100
1%
Jan
1%
13%
Jan
14%
Jan
Jan
32
Jan
Jan
3/i»
10%
10%
800
7%
2,300
6%
Jan
17%
300
16%
Jan
8%
Feb
7%
7%
17
7%
43%
ft
10
Jan
%
Jan
Feb
700
11%
Jan
7%
Feb
17%
Feb
8
27,200
5%
44
42
Jan
1,350
34%
Jan
Feb
44
2%
6 Vh
300
3
Jan
3
„
Jan
Jan
32%
Jan
1
Jan
1%
Jan
800
2%
Jan
3 '/a
Feb
6 %
100
5%
Jan
7%
Jan
6%
1,100
5%
Feb
6%
Jan
31%
Feb
11%
Feb
2%
Jan
3%
Jan
2%
Jan
2%
Feb
20
50'A
Jan
6.200
18%
Jan
11
56
900
56
Feb
56
21% Jan
5
20%
20
20%
*
1
10%
10%
10%
100
10%
Feb
12%
Jan
14%
14%
200
13%
Jan
14%
Feb
2.50
Lighting Inc common
Manufacturing Co (Mo)
9V2
Feb
Jan
'
21
19%
310
19
Jan
23
Feb
Davenport Hosierf Mills
Jan
5
Jan
Davidson-BrotheiS Inc .common
5
,1,300
5V%.
18%
13,200
•
Jan
5
5%
Jan
18%
Feb
Jan
16%
7%
Feb
2,700
5
300
24
Jan
25 %
Feb
50
22%
23%
1,300
17
Jan
17%
Feb
Feb
33%
Jan
22%
Jan
23%
x8%
x8%
1%
2
875
x8%
2
24%
8*A
Jan
Jan
8
8%
Jan
1,100
1%
Jan
25
23%
Feb
2
Jan
24%
Feb
Jan
2%
Jan
Feb
5%
5%
5%
2,700
5%
Jan
5%
Jan
1
16%
16
16%
1,400
14%
Jan
17%
Jan
18
18
6%
800
17%
600
2.50
6%
__
ny,
11%
15
15
7%
__
Feb
19%
Jan
Jan
6
6%
Feb
12
15%
2,100
11'A
Jan
12%
Feb
1,200
15
Feb
16'A
Jan
7%
350
7%
Feb
":
-
-
Mines Inc—
Dayton Rubber Co class A
Dejay Stores common
Dennison Mfg class A-common—
8% debenture—
i
Jan
9
i"«
ft
%
23,600
ft
Jan
%
Jan
4%
4%
4%
6,500
3%
Jan
4%
Jan
800
4%
50c
3%
Jan
4%
-
34%
—
—10c
35
50c
5
Devoe &
:
Jan
2%
Jan
28%
130
x25%
Jan
28%
Feb
7%
200
7%
Jan
8%
Jan
2,100
10%
Jan
12%
12%
12%
140
140
—
60
Feb
135
I
23%
1%
22 %
2
23%
Feb
2%
Jail
Jan
23%
Jan
Jan
12
22%
•
Feb
Jan
Jan
1%
1,300
100
146
11%
Jan
3,200
11%
9%
11
11 %
11%
10
Products;
Raynolds class B
Jan
X7%
Jan
'
27
—
12%
100
1
Steel
36%
Jan
7%
A
1
Detroit
Feb
6%
1%
2.50
1
Detroit Gasket & Manufacturing
Feb
Ltd—
Distillers Co
2%
24%
Day
-V
•
•...
Detroit Gray Iron Foundry-
Jan
American dep
1
Domestic Credit Corp
1
Dominion
class A
Bridge Co Ltd
Dominion
Steel
1%
1%
500
1%
13%
1%
rets ord reg 4s
Dobeckmun Co common
Feb
13'%
500
12%
Jan
3%
Jan
3%
4
2,000
4
1%
Jan
14%
Jan
Feb
4
37
Jan
38%
Jan
25
16%
Jan
18%
Jan
Dominion Tar & Chemical Co Ltd_:
*
23%
Jan
24 %
Feb
Dominion Textile Co Ltd common
•
9%
Draper Corp
*
Harris
Driver
Coal
&
Co—
•
class
B
1
*
Duke Power Co
,
9%
900
Feb
10%
Feb
72'%
25
69
Jan
74
Feb
26
26
50
26
Feb
29
Jan
85
10
:
9%
72 %
9%
Jan
89
Feb
—
Dunlop Rubber Co Ltd—
American
—£l
dep rets ord reg
(The)
Test
Sulphur
w
Feb
2%
Feb
14%
Jan
4'A
100
3%
Jan
4%
Jan
13%
14%
1,800
13%
Feb
Vo
1
8.350
%
Feb
3%
1,200
3
Feb
70%
70%
72 %
600
67
Jan
73 %
Feb
69%
70%
350
67%
Jan
75
Feb i.
29
Jan
30%
Jan $
1
♦
1
common
Potash Co
&
2%
12%
4 "A
%
Corp
4'A
13%
Co
class B common
i
Jan
Jan
17
1%
Feb
3%
Jan
Jan
preferred
1%.. Jan
*
Jan
5%
500
4%
Jan
5%
Feb
6%
1
6%
6%
4,100
6
Jan
7%
8
Jan
9
8%
8%
1,600
22%
22%
100
8%
5
Ltd
1%
5%
£1
1
Ltd
22 %
Jan
23%
Jan
Feb
Jan
•
Co Ltd
common
•
common
preferred
Industrial
♦
Common
♦
7%
Jan
8%
Jan
*
7%
Jan
8%
Jan
preferred
100
Canadian Marconi
1
common
Carey Baxter & Kennedy Inc.
Co
&
Carnation
1
Co
•
common
&
Carr-Consolidated
Light $5 pfd
Biscuit Co__
44,100
50
8%
8%
700
•
—
_
71 %
72
*
l
3%
18%
8%
2.50
Power
3%
18%
3%
__5
—
—
3%
—
72
—
100
2,300
Jan
3%
Feb
Jan
19%
Jan
8%
Feb
9
Jan
3
Jan
3%
Jan
63
Jan
113
mmmm
3%
2%
17
3%
72
Feb
Feb
114%
Jan
Jan
3%
Jan
dep
Amer
dep rets B ord
(J
rets A ord
W)
Co
Casco
Products
Castle
(A M)
2
*
1
1
pfd
100
preferred—100
preferred
preferred
pfd
oplt
opt
alvAseries
div series 1929
Century
Electric Co
Century
Investors
Convertible
Chamberlin
Corp
common
Co
Co
of
18%
Jan
20%
Feb
Jan
80
Feb
100
8%
Jan
10%
Jan
33.U00
17"%
Jan
19%
Jan I
1,100
11 %
Jan
17
Feb 1
60
103%
Feb
105%
Jan
x6%
Jan
Feb
14
Jan
15%
17
29
pfd
100
1
104%
104 % 104%
5%
400
6
13%
13%
5
10c
Equity Corp common
$3 convertible preferred
4%
500
5%
6
Jan
6 %
200
1%
1%
17,400
5%
5%
100
%
1%
ft
Line common
2,200
1
1
10.
1
27%
25%
6
10%
5%
Jan
Jan
5%
Jan
1%
x45*
Jan
Jan
Jan
Jan
6
,
1.
:—,
1%
42
1
Corp Ltd
5%
12
ft Jan
ft
Jan
15
Jan
16 %
Feb
27%
Feb
6%
Feb
Jan
4%
Feb
5 Vb
Jan
Feb
26 %
Jan
23
1,700
4%
Jan
7% Jan
Fairchild Camera & Instrument—
Metallurgical
84%
20
8J.%
Jan
84%
Feb
Fansteel
8%
9%
600
8%
Feb
10%
Jan
Fire Association
94
—
21%
94
20%
21%
156
100
94
Jan
95
Jan
2,150
14%
Jan
22
Feb
450
142%
Jan
$2
Feb
21%
900
14%
Jan
21%
Feb
5c
20%
21%
1,550
14%
Jan
21%
Feb
Ford
10
7%
7
7%
400
7
Feb
7%
Jan
3%
100
3%
Feb
3%
Feb
__
9
37
10.
—10c
(M H)
Motor
American
Ford
cumulative preferred
Co
1;
27%
6%,
.
2%
3
Jan
4%
Jan
Jan
12%
Jan
76
Jan
5,800
4,000
10%
65
200
X61%
Feb
3
1,300
2%
Jan
11%
10%
x63%
64
22%
78,900
.
3%
Jan
32
32%:
575
32
Jan
32%
Feb
19%
--
19%
250
167/a
Feb
21
Feb
Co—
1
to $1 Stores
Ltd—
deposit rets ord reg
£1
3'%
3%
1,000
Feb
21
Jan
26%
22%
3%
5%
Jan
28
ft
Feb
3%
Jan
Feb
Motor of Canada—
Jan
38%
Jan
Class
A
4%
4%
2,500
3%
Jan
4%
Jan
Class
B
6%
7
300
6%
Feb
7%
Jan
9
9
100
00
Jan
9%
Feb
„
4%
dividend
Fishman
161%
L'3%
21%
3%
—•
;
(Phila)_
First York Corp common
21%
159%
& Airplane—
Engine
84%
9
159%
10
paee
11,600
10%
15%
100
2.50
America
see
20%
1
100
100
1
common
common
footnotes
5%
2
10
Inc
preference
Aircraft
4%
—
100
Products
SCentral States Elec 6%
20
Electrographic Corp common
Fairchild
Central Power & Light 4%
Conv
/4
Co—
preferred
Conv
5%
4
10
Catalin Corp of America
Central Ohio Steel
Jan 1
2s 6d
1
common
common
Power
Jan
67 %
19%
Eureka Pipe
£1
& Co—
Maine
75
Feb
18%
Esquire Inc
Ltd—
Amer
Feb
62%
19%
Eureka
Carreras
20%
70%
77%
1
50
75
5
Empire District Electric 5%
Jan i
4
71
63
1
*
Empire Millwork Corp
Emsco Derrick & Equipment
Jan
3
70%
62 %
Electric Eond & Share common
Ltd—
of beneficial int
70%
63
Easy Washing Machine class B
$5 pfd shares
600
non-voting
voting
Ford Motor of
•
23%
23%
23%
600
•
Feb
France—
American deposit receipts
bearer
f
10'%
•
•
shares of beneficial int
3%
3%
—*
Corp
series A
series B
Sugar Associates—
Eastern
Alcohol—
City Products
25
Iron
$6 preferred
voting
Industries
100
preferred
States
3
*
100
$7 preferred
•
non-voting
Canadian
6%
common
prior preferred
4%%
Eastern
20
Ltd
Gas & Fuel Assn
Eastern
Eastern Malleable
A
For
Jan
1,100
*
Sugar common
84
B
Charis
10%
25c
•
10
60%
7%
Class
Cessna
2%
Jan
Class
7%
Jan
Jan
Jan
3%
14%
Power
Canners
Convertible
3.50%
4%
88%
%
5
i
Atlantic
Curtis
Jan
8%
Jan
preference
Central
Jan
Feb
Feb
11%
Insurance
Canada Cement
Canadian
Carter
Feb
4%
82%
1%
3
4,800
Calgary & Edmonton Corp
Carolina
14%
Feb
14%
14
2%
"A" partic
14'A
Sugar Estate
Carman
77%
Wireless—
&
'American
Calamba
7%
Jan
30
14%
1
Co
Drug Co common
Warrants
Capital
1%
..
6 %
(Md)
Duval
6%%
Jan
6%
Crowley Milner &
Duro
Cables
12%
__
2%
13%
common
Jan
2%
Feb
rets
Products
108
6
Durham Hosiery
Electric
Jan
Crosley Motors Inc
Duraloy
Cable
104%
2,900
Jan
__
12%c
Jan
20
5,600
Jan
1
116
'
1%
13%
Ring Co
Jan,
31%
Jan
II
•
113%
1%
32
2.50
69%
170
x30%
III_IIIl
Sullivan
Feb
400
1,800
t%
Jan
17
•
11
11
74
31%
80
17
B
Jan
10%
72 %
reg).—£1
51
—
Line
&
Piston
class
9%
10%
1
(ord
receipts
dep
140
•
common
Feb
<
800
25
common
43%
5
preferred—10
junior
Jan
Creole Petroleum
Ltd—
8%
1.000
25%
Distillers
33%
50
35 %
•
Forman
500
convertible preferred
5%
82
21%
7%
25%
*
42%
41
1
Petroleum
81%
5
10s
Feb
42%
common
Cosden
82
6%
A
Jan
Feb
6%
•
Jan
5,500
4
9
18%
class
5%
46%
Jan
1
Reynolds common
60%
6%
reg
Jan
Jan
6%
*
1
——
&
Feb
•
Power
4%
39%
400
*
preferred class A,
%
600
18%
B
700
5,400
6%
Jan
Tobacco—
Columbia
4%
46%
6%
5c
7%
34
£1
Class
4%
45%
6%
.—1
Foundry & Machine Co—1
56%
-
£1
4%
46%
2%
A,
dep rets ord bearer
British
3%
8%
4
1111111111*
Feb
2%
Crystal Oil Refining common
300
•
Co
Feb
2%
Crown
16
9
v
dep rets ord reg
Celanese Ltd—
Amer
British
4%
Oil
American
6'A
6%
10
10
1
1
Crown Cork Internat'l
85
Power—!_♦
common
Jan
Jan
*
60 :
•
i
5%
4%
Courtaulds
12 %
•
Co
200
6,500
*
Royalty Oil
Continental Car-Na-Var Corp
Feb
600
8
Jan
5%
2,100
Jan
16
8
Jan
14
6%
2,10U
4,700
Jan
10
8
8
Jan
14
5%
85%
2%
85
__
Jan
Jan
6%
31
6
Xl4%
5%
900
•
Jan
27
6%
14
12%
34%
8%
8
1
Light
__
82%
Jan
34%
Light &
100
14%
Jan
8%
common
6%
c'2%
1%
34%
•
2,100
1—5
Mining & Smelting Ltd—5
Jan
25
25
6%
—
.—1
Utilities
Jan
200
Co
30
107
5%
1%
preferred-100
29%
106
11%
1%
common
Jan
29%
107
12%
25
12
15%
1%
common—.
7%
100
100
(3
IOO
15%
x5%
12
l
Co
(H C) Co
Jan
114%
200
x5%
15%
—
Bixdsboro Steel Fdry & Mach Co com_*
Blauner's common
3
Blue Ridge Corp common—
1
6%
114
Crown Cent Petroleum
6%
1
200
73%
Feb
700
1
common
7%
114%
Jan
6%
I
common
Feb
7%
--
100
100
Cuban Tobacco common
Bickford's
2%
1
;
7 Vb
6%
1
Inc
Co
Jan
25
17%
6%
common
Canada
of
Watch
1%
1
Jan
Jan
1
65,500
1
Jan
3%
1
2%
25
5%
10,400
common
2%
Jan
H
4%
common
Feb
2%
Jan
10%
4%
Ties
Shoe Corp
Aircraft common
3%
Croft Brewing Co
600
10%
1
Beck (AS)
Bell
38%
4y2
& Co
Beau-Brummel
Jan
Consolidated
Feb
58
Feb
1
Inc
2%
Liquidating Corp
$1
10%
„
HII*
Ltd
Corp
1,700
5%
Inc_
preferred series
American
Pwr
3%
*
series B preferred
Corroon
shares
&
3%
Lt & iPwr Bait com1—*
Elec
Gas
Continental
los Andes—
American
Barcelona Tr Lt
Barium
1
common
3%
Consolidated
Feb
"13%
4%
Co
400
Consolidated
Jan
10%
30
Rubber
100
16 %
*
Stone Co
Hotel
Consolidated Gas
Jan
3P
16
1
Vtc ext to 1956
4 % %
Feb
6'A
Jan
52%
16
16
20
Manufacturing Co
Consol
Jan
1,600
r.
16%
Compo Shoe Machinery—
Feb
8%
5g
67%
—
4
Community Public Service
Feb
5
513
68%
Feb
1
Airlines—
Colonial Sand &
,
preferred
1%
Baldwin
57%
•
!8
ordinary
Colt's
Jan
51
Locomotive—
Co
15
69%
1
common
Colon Development
Coro
Wilcox
8%
High
1
common
Colonial
B
&
10
8%
1
10
Cornucopia Gold Mines
Baldwin
9
—
5
10
Co
Cook
Babcock
;
*
.
Club Aluminum Products Co
Jan
2%
10%
__
3
common
Feb
41 %
7'A
19%
7'A
__25
Collieries Corp
\l
150
6%
5
preferred
700
8'A
__
Jan
18%
Homes
Inc
Neon
'Cockshutt
Feb
Jan
16
„
64'A
Low
9%
Jan
44
5%.
16%
1
Inc
6%
50
6
Products
Feb
13
51
51
__
Jan
Manufacturing Co
Commodore
1,600
%
57
3 '
3
3
62
Clinchfield Coal Corp common
Jan
22%
24%
10%
22
24%
11%
500
21%
10%
x21%
24%
10%
9%
Jan
350
Clayton & Lambert Manufacturing
Jan
116
24
11%
63%
Co—!
Controller
Claude
Jan
10%
x21%
Feb
63
63%
Jan
11
1,600
25o
High
1
10%
1,800
10
common;
& Suburban
Clarostat
Jan
*
reg
City
Clark
Jan
112
11%
3,100
10
City Auto Stamping—i
3JA
300
11
Cities -Service
Jan
10%
Automatic Voting Machine
Avery (B F) & Sons common
6%
300
1
Corp warrants
Atlas Plywood Corp
Ayrshire
J an
Industries—
rets
Steel
6%
11
Atlas
Automatic
Jan
1
Laundries
Coast
500
6%
♦
Associated Tel & Tel class A
Atlantic Coast Fisheries
Atlantic
Jan
2.50
Corp
dep
4%
*
Refining Co
Electric
American
Chicago Rivet & Machine
Chicago & Southern Air Lines
Voting trust certificates—
Chief Consolidated Miping-
Jan
7%
Low
5
10
4
*
com
ciiesfcurougn ivlanuiactyring
Feb
131
Range Since January 1
Par
common
Feb
10
preferred
conv
3%
*
common
Power & Light $7 pfd
Equipment Corp
Aspinook (The)
110%
1
Arkansas
Ashland
67/e
100
Common class A non-voting
6%
preferred
Aro
„
1
Argus Inc
Natural
13
Ltd—
Co
dep rets ord reg
Arkansas
Jan
Jan
:7 '/s
13%
%
4%
6
Shares
Cherry-Burrell
Feb
5%
116%
G
£1
common
Oil
Jan
100
6
2
Post
3%
8,700
4%
6%
for Week
of Prices
\
250
4%
6%
Range
Sale Price
High.
4,000
%
Sales
Last
New York Curb Exchange
1
Range Since January
Low
5%
Week's
STOCKS
High
6%
5
5
Shares
127;,/4 128
129
Americap Writing Paper common
.
%
*
preferred
4%
li
__
/
Sales
for Week
of Prices
Sale Price
Par
Amer
Week's
Range
,
Last
STOCKS
1%
15.000
ii
Jan
j
t
Volume
Number 4885
171
THE
COMMERCIAL
NEW
YORK
RANGE
Friday
Week's
FINANCIAL
CURB
WEEK
Last
Range
of Prices
Pitt
Brewing Co
1
Fox
(Peter) Brewing
Franklin Simon & Co Inc common
4Va%
convertible preferred
Fuller
(Geo
FEBRUARY
16%
'
Low
18
11%
5,600
18
Feb
Jan
11 Va
Jan
1
7%
7%
7'/a
200
7%
Jan
7%
Jan
50
31%
29%
31%
350
29%
Feb
31%
Feb
11%
Feb
11%
11%
11%
10
1,100
Jan
Lake
preferred
Gellman
*
common
:
Mfg Co
General
Builders
General
1
com
dep
rets
ord
1%
Finance Corp common
series A——.
General
Fireproofing
General
Outdoor
Adv
6%
Public
$5 preferred
Glen
ey8
Jan
Jan
2
3%
Feb
23%
6%
200
6%
Feb
7
7%
2,500
6%
Jan
7%
Jan
Laclede-Christy Company
5
1
4%
10%
10%
104
104%
Jan
2,100
8%
Feb
Jan
41%
x49%
Feb
Lake Shore
107%
Jan
6%
Feb
Jan
4%
Feb
100
100
10
100
Feb
100 y8
Feb
--
•
114
Jan
115%
Jan
3%
3%
3.000
~3'A
Jan
4Va
Jan
5%
5%
1.000
5%
Feb
5%
Jan
17
Jan
19%
Feb
14
Jan
14%
19
19
150
16%
16%
3,100
15%
Jan
17%
11%
12
900
11%
Feb
13
Jan
5
14%
13%
15
2,500
11
Jan
15
Feb
1
2
2
*
B
42
42
2%,
5,100
42
1%
Jan
2%
Jan
prior preferred
Goldfield Consolidated Mines
Goodman
Gorham
•
1
Manufacturing Co
%
__
class
Jan
45
Jan
Jan
28
Jan
78%
l
5
4%
4%
4%
common, stock
*
1st preferred
100
Great Northern Paper
25
Griesedieck Western Brewery...
2
Grocery Stores Products common___25c
13%
6%
__
10%
6%
Utilities $4.40
pfd
Gypsum Lime & Alabastine
1
5
7 Va
5
21%
La
Salle
Delaware
of
Extension
Lefcourt
Realty
University
Corp
Lipton
(Thos J)
Lit
134
Inc 6%
Paper
Electric
Hartford
350
Lone Star
Jan
Gas
Co
(Texas)
Common
New
7%
certificates
common
Co
of
deposit
Hathaway Bakeries
Hazeltine Corp
Hearn
6%
Rubinstein
Class
Heller
A
5% %
4%
preferred
w
w
Henry Holt & Co
& Co
110% 111
145
Hollinger
A
31%
Feb
Maine
Jan
10%
Feb
Mangel Stores
Jan
111%
Jan
Manischewitz
Public
Service
Consolidated
G
M
5
Feb
6%
Jan
10%
Jan
11 y2
Feb
16
Jan
240
47%
Jan
1,500
1%
J*n
2
400
1%
Jan
10%
Jan
16
Jan
18 %
19
7%
8
1
T(l>)
4,700
£%
1,400
10%
Hormel
Inc
(The B)
& Co
*
Horn
&
Hardart
common
Hurd
Manufacturing Co
Refrigerator $2.25 pfd
13
15
12%
12%
Feb
Jan
76%
76 %
10
47%
47%
125
9%
Common
Huyler's
9%
3,600
11%
74 *
Jan
166
11%
167
33%
125
19%
19%
500
82%.
82
83
stock
4
4
1
1
15%
♦
3%
Food
Products
5
Jan
27%
Jan
24 Vs
Feb
26 Va
Jan
1.300
8%
Feb
9 Va
Jan
8%
Jan
9%
Jan
3%
Jan
2%
Jan
Jfin
34
Jan
11%
.
Feb
13%
Jan
4
Jan
46
Feb
160%
Jan
Owl"/B
reo
167
Feb
34
Jan
108 %
Jan
110%
Jan
18%
Jan
19%
Feb
Jan
86
Jan
81
%
reo
48%
Jan
51
Feb
11%
400
8%
Jan
11%
Feb
2%
4%
Jan
600
2
Feb
2%
Jan
15%
475
14
Feb
17%
Jan
3%
500
Jan
Jan
15%
15%
3%
18%
-
400
"
"
26%
—-
x24Vb
24'A
24%
8%
9
1
9
1
13%
13%
139
138
123
lVa
11,800
13%
25,900
141
Jan
74
Jan
13%
Feb
Jan
26%
l'A
121
Jan
141
122% 124%
3,375
106
Jan
124%
29%
30 Va
111% 112%
10,200
26'/a
Jan
40
111%
Feb
200
13 Va
Feb
Feb
Feb
13%
850
Feb
30%
Feb
13 Va
—-
13%
Feb
30%
Jan
113
14%
Jan
McCord
Corp
McWilliams
Mead
A
38%
Feb
Jan
2%
Jan
300
6Va
Feb
7%
Jan
1,100
18%
Jan
21%
Jan
600
3%
Jan
4%
7%
1%
22%
23 %
42
42%
Jan
42%
'A
100
Jan
7%
Feb
1%
Jan
1%
Jan
-4,600
.
*
6%
1,500
17%
Jan
23%
175
39%
Jan
43
Feb
Jan
31
Jan
7
Jan
Feb
J*
~7%
~7%
~7%
1,100
1
IS Va
16 Va
16%
4,200
13%
Jan
17
Feb
6,000
1%
Jan
2
Jan
2
1
1%
2
7%
Jan
& Scott Corp—
5 V,
100
preferred
5'/,
108%
1
preferred
5 %
200
4%
Jan
5%
25
108%
Feb
108%
Feb
3,900
5%
Jan
6%
Jan
5 %
Jan
6%
Feb
108'A 108'A
6
5%
6%
6'A
6'A
100
6%
6%
300
25c
15
Corp common
Participating
Jan
4
*
Co
Textile
Jan
Jan
30
23
*
Mesabi Iron Co
Metal
6%
7%
Warrants
6% %
14%
14%
21
1 Va
1 Va
3
Co
&
20%
4
1
Dredging
Mfg
6%
21
10
-
Merritt Chapman
Feb
Jan
Jan
2%
1
common
Johnson
Menasco
9%
Jan
14
35
*
& Co class B—
(A G)
8%
200
•
common
$2.50 preferred
McKee
400
14
—10
Co
9
14%
£1
Shovel
Oil
9
14%
53
Jan
Jan
55
Jan
Jan
7
Jan
Jan
Jan
3%
15
—
26'A
4,000
•*-
*
Co common
convertible preferred
5%
Feb
9%
48%
50
51
10%
common
76%
Feb
400
51
warrants
2,900
4%
100
Feb
31
75
30
Jan
,
Jan
9
33 Va
1st convertible preferred
Hydro-Electric Securities
Hygrade
Feb
45%
2%
*
Jan
Mfg
McClanahan
Jan
96%
167
12 Vs
Marine
Harris common
Jan
Feb
Jan
19%
5
Jan
Jan
11 y8
*
Lock &
Feb
8%
11%
100
__
Hussman
20%
n->
200
100
(Harvey) Inc common
Humble Oil & Refining:
'
Feb
12%
5
preferred
11
^
12%
♦
Hubbell
-
14
7-—
Baking Co
Jan
12%
15
Hardart
Jan
10
Co
Power
Jan
2%
13
*
(Geo A)
&
Feb
2%
11%
1
Horn
5%
.Tfl
50%
*
11%
-
Horder's
10%
1
International
McAleer
Jan
14%
2
9%
500
•
Co
Marion
50%
5
11%
1
common
Massey
100
1
Holly Stores Inc
Holophane Co common
Feb
11%
11%
M
Jan
1%
76%
29 Va
Feb
1%
10
„_
Feb
Feb
137
109%
30
50
100
common
class
28
5
Jan
•
Hoe (R)
150
Feb
9
100
w
w
29 Vb
Jan
♦
preferred
Jan
29
6%
26%
14
Feb
18%
12%
Jan
—
100
*
Jan
15%
Feb
900
2
14%
Jan
130
500
common
12 Va
Jan
Jan
2
128%
_1
common
Jan
Feb
Lynch Corp
31%
15%
__
Co
Feb
Feb
6%
Jan
Jan
30%
7%
200
15%
14
30%
19
7%
v
13
100
100
Macklntosh-Hemphill Co
10%
5
Jan
-
22%
7%
Jan
300
Jan
Feb
25c
8%
Jan
20
600
Feb
44%
10%
common
Feb
6V8
700
4,000
65
1
Mining Co
674
1,100
12%
*
Jan
14%
*
Dept Stores
Hecla
Helena
Feb
Jan
17'A
Jan
1
Inc
4%
12 VB
3,000
6 %
Feb
Feb
Feb
4
15%
•
i
w
40%
50
7
7%
22
14
Jan
%
10%
12 %
1
preferred A ctfs of deposit
preferred B ctfs of deposit
70
5 %
25
1274
700
1,500
14%
10
Longines-Wittnauer Watch
Long Island Lighting Co—
300
*
Light
200
4%
•
44
5%
Rayon common
Brewing Co
Harvard
Jan
2%
17 Vs
—5
135
5
common
Jan
Jan
17'A
•
Class B
Mapes Consolidated Mfg Co
Bridge Co Ltd
Hartford
2%
Feb
Feb
16
15%
•
common
Locke Steel Chain
Feb
6
H
Hamilton
800
14
6%
I
Communication Co Ltd
Hammermill
Jan
11
7
preferred—25
43%
5
13%
9%
1
Louisiana Land & Exploration
Louisiana Power & Light $6 pfd
10
*
Lamp Co
Jan
100
2%
6%
21%
1
Inc
common
Brothers
Marconi
Hall
7%
•'
common
(R G)
Lionel
43%.
100
7
5
6 '/a
800
141% 142
135
45
Jan
61%
100
10%
10
„
14
Monotype Machine
9
2,200
—
Gulf States
Ltd
Corp
Jan
%
Feb
4%
200
12%
12%
64%
Jan
45
100
63%
--
Atlantic & Pacific Tea—
Non-voting
Mines
14
Lamson
Feb
%
•
*
Grand Rapids Varnish
Gray Manufacturing Co
Inc
Lakey Foundry & Machine
Jan
74
5,500
50
A
Manufacturing common
10
Graham-Paige Motors 5% conv pfd__25
7%
41%
26
.
Inc
Gorham
Great
50
1.—
♦
$4.50
2%
—
Lanston
Jan
....
__
Class
33yaC
Loblaw Groceterias class A
l
(Adolf) Inc common
Godchaux Sugars class A
Apparel
Le Tourneau
__
25
Gobel
Jan
31
Feb
-
__
,
16%
Jan
13%
L
L'Alglon
Feb
...
10
Feb
Jan
♦
Feb
Feb
Jan
300
9%
15
4%
1
23
8
x49%
.
9%
23%
Feb
48
3%
100
Jan
7
__
J an
450
31
Jan
Jan
2%
Inc
Co
29
1%
4%
»
31
6%
__
9%
-flj
12%
1
4%
100%
B
9%
,\f
10
3%
30
.
*
Rubber Co
common
800
—
*
Coal
Union
Feb
1
14
1
400
*
Alden
14 Va
Jan
13%
-
1%
~
Globe
Jan
l^s
—
3%
9,700
Glenmore Distilleries class
11%
400
14
1
9
3,700
& Co
Ltd
Jan
__
1
Gladding McBean
Feb
1,800
1
Co
15
4%
Gilchrist Co
3%
9
6%
1
Jan
15
5%
common—
2%
1
4
Yellowknife Gold Mines
Gilbert (A C)
Feb
2,100
1
4%
,
22%
Kreuger Brewing Co
Kropp (The) Forge Co
6%
Gerity-Mich Corp
Jan
Kobacker Stores
1
*
21
Feb
100
preferred
Georgia Power $6 preferred
:
400
3%
Jan
50c
$6
22%
3%
93 y4
pfd
Service
Feb
22 %
1
3%
49
Jan
42
16%
common
General
Phoenix Corp
General Plywood Corp
General
*
8'A
Jan
Jan
10
common
High
Jan
38%
1%
7'A
7
250
400
—
1
1,200
39%
5%
25
£1
reg
preferred
Giant
4%
Low
8
39%
Jan
Electric Co Ltd—
Amer
General
5%
5%
*
Supply Corp
preferred
convertible
39%
Range Since January 1
High
7%
15 y4
1
Alloys Co
General
50
Co common
(I B)
Corp
Low
8
91
100
common
Shares
1
G M
(D Emil)
Knott
Co
for Week
•
King Seeley Corp
Kingston Products
kirby Petroleum
Kleinert
Power
Sales
Range
of Prices
Par
Kings County Lighting common
4% cumulative preferred
Kirkland
Gatineau
Week's
Last
Sale Friee
Exchange
High
Jan
9%
-5
New York Curb
Klein
5%
21
STOCKS
Range Since January 1
High
1.25
Co
A)
17%
(871)
Friday
Shares
Low
'
EXCHANGE
ENDED
for Week
Sale Price
Par
5%
CHRONICLE
Sales
STOCKS
New York Curb Exchange
Fort
FOR
&
3y«
14 y8
Jan
Jan
Michigan Bumper Corp
Michigan Steel Tube
Michigan Sugar Co
6%
common
10
Corp
6%
7%
~1
•
—
preferred
Micromatic Hone
6%
1
2.50
1
1
8%
Jan
Jan
Va
2,100
Feb
1%
Jan
7%
7Va
800
Feb
8%
Jan
X7%
7%
600
x7%
Feb
8%
Feb
Middle States Petroleum class A v tc__1
9%
8%
9%
5,500
8%
Feb
9%
Jan
Middle
21A
2!A
2%
1,500
2i,V
Jan
2% Jan
West
Corp common
5
Midland Oil Corp $1 conv preferred—*
Midland
Steel
10
Midvale
Co
Mid-West
Midwest
Wohl
4%%
200
10%
Jan
26
Jan
'
Jan
14%
14%
650
13
Jan
4
Jan
20
20
300
20
Jan
21
Jan
23%
Jan
25
Feb
lis
Feb
3%
*
"2
1
~2
2
VB
2,400
6
6
VB
1,600
6 %
•
Minnesota Power & Light 5%
11
—
pfd—100
Service common
17%
2%
Jan
Jan
6
103%
103 Va
37%
•
37
II
VB
6%
Feb
32%
Jan
10%
4,300
Feb
32
50
Mining Corp of Canada
' Feb
1474
50c
common
convertible preferred
Missouri Public
26'
20
10
Co
25
-
50c
Co
Midwest Piping & Supply common
Mid-West Refineries
Miller
—
*
common
Abrasive
Oil
Jan
24
Products—
$2 non-cumulative dividend shares—*
Jan
U%
Feb
Jan
104%
150
101
Jan
104%
Feb
37%
250
34
Feb
37%
Feb
1
Molybdenum Corp
Illinois Zinc Co
Imperial
common
Chemical
American dep
Imperial Oil
•
7%
receipts registered
(Canada)
*
5
Imperial Tobacco of Great Britain
Ireland
Preferred
series
International
Petroleum
coupon
A
shs
4.90%
Iron
Feb
10
Jan
Mountain
Jan
101%
Feb
Mountain States Power
113
Jan
Mountain
xl4%
xl4%
81
79
82%
650
103
Jan
14
Jan
15%
Jan
75%
Jan
82%
Feb
Muskegon Piston Ring
Muskogee Co common
7%
7%
7%
7%
7%
1,200
11%
11%
11%
1,200
8
2,200
%
Manufacturing
t
Italian
Superpower Corp
com class A
7%
Jan
11
Jan
~8%
Jan
8%
14
13%
7
1,000
%
Feb
1%
Jan
2
Lake
93
common
16%
Jan
Nachman
1,200
13%
Feb
7
7.300
5%
Jan
7
Feb
Namm's
1
200
1
Jan
1%
Jan
National
&
&
Inc
Corp
&
common
Hess
Electric
7%
pfd
Kawneer Co
100
Fuel
—
Mallinson
Fabrics—
3%
Jan
5%
Jan
National
Mfg & Stores common
6%
Jan
7%
Feb
National
Pressure
100
3%
Jan
3%
Jan
National
Radiator
3%
3%
200
3%
Jan
3%
Jan
National
Rubber
19%
225
17%
Jan
19%
Feb
National
.63,400
4%
Jan
40
Xll4%
Feb
15%
Jan
5
12%
12%
100
11%
Jan
•
11%
11%
200
9%
Jan
&
Co
5
Steel
For
footnotes
see
page
12
12
100
29
Jan
35%
97
Feb
24
24
100
24
Jan
35%
36
200
32%
8%
8
%
13
13
11%
12%
13%
12
7%
Feb
Nestle
Feb
New
17%
Jan
New
13
Jan
117
12%
Jan
New
Le
....
common.
5
6,400
13%
Jan
104
Feb
Jan
25%
Jan
36
Feb
200
8%
Jan
8%
100
12%
Feb
13%
Jan
2,800
10%
Jan
12%
Feb
Jan
H CO
Jan
Haven
Clock
&
4
Jan
4%
Jan
8.500
3%
Feb
4
Jan
30%
32 VB
680
29%
Jan
32 V4
12'/a
1174
12'A
17,800
10'A
Jan
12'A
700
774
Feb
9
Jan
10'/a
Jan
—
8
7%
8
—
13
Jan
New
Mexico
Park
—
103%
Feb
105
Feb
New
Process
&
13'A
100
Jan
14
9%
1,000
8%
Jan
11
8%
1,900
8%
Feb
974
Jan
6%
7
SOO
6%
Jan
7%
Jan
4
4
4%
2,400
2%
Jan
4%
Feb
4
3%
4%
29,700
2%
Jan
4%
Feb
2,900
5
__
1
Tel
Watch
._100
Co..
7
1
_.
>
17%
29%
6
Va
9474
1
28%
6
92%
1
30
24'/a
Jan
6'A
400
5%
Jan
560
92%
Feb
l'/8
900
Arizona
Co
Land
774
1
_
common..
1
1%
•
_
18
30
6'A
97
Jan
Jan
Feb
Feb
Jan
Feb
1
.■
55
—
Jan
9474
—20
_
Mining Co
—
8%
—
— —
Jersey Zinc
Feb
Feb
Feb
9%
—
,
11%
—
13'A
1
30c
convertible preferred
200
Jan
200
3%
2
-III
_
common
&
13
4%
3%
Ltd
Radio
Tel
100
4%
3%
__
10
Machinery—
Co
Mur
England
4% %
13%
1
Co
Car
Union
New
Kimberly-Clark Corp—
4% % preferred
15%
Jan
'
4
Cooker
Neptune Meter common
7%
xll4%xll4 %
Key
(Walter)
Feb
31%
•
600
Kennedy's Inc
Kidde
Feb
13%
800
6%
25
—
1,300
*
common
6%
2,700
34%
32 VB
—
Gas
%
—
Co
Jan
14
34%
Breweries common
preferred
7%
6%
6%
13%
1
3%
6%
Feb
6%
1
*
common
3%
1
34'A
34%
10
Bellas
K
Gas
Jan
150
13'%
50c
common
National Transit common
Kansas
38
36
Jan
*
Corp
National
Kaiser-Frazer
Jan
35%
10
7%
Kokenge Co
Feb
2.50
common
4
3%
183
100
7%
*
Jan
5
Tel
18%
Preference
Julian
Tel
4 %'
4
176%.
N
16
1
common....
50
Jan
Jan
National
Sulphur Co (N J)
Stores
3%
99
Jan
7%
Jefferson
Jan
1814/4 183
183
Feb
Jan
%
National
Jeanette Glass Co
107 Va
2%
100
Feb
National
Jim Brown
States
Company
6%
*
105
Feb
1,600
Jan
12
Muter
3.700
1%
*
c
Jan
Feb
102%
~3
*
Verncn-Woodbury Mills—
Murray Ohio Mfg Co_
92%
2
1
v
Air Chute
_7%
Jan
10c
common
Mt
3,800
Jan
3 'A
99%
•
Producers
400
15
7%
Feb
~2%
2%
*
America
Jan
98%
107%
Feb
10
of
8%
270
100
Irving
Corp
450
«
1
Plan
9%
100% 101%
Co—
preferred
Fireman
13
Montgomery Ward & Co class A
Moody Investors participation pfd
105
1
Service
Jan
10
International Safety Razor B
Public
20
*
Investors Royalty
Iowa
Jan
Jan
Morris
7%
2%
99
100
pfd series B—100
Society com class A—1
18%
9%
800
1,300
cumulative
Loan
12 y8
*
Products^
4.80%
100
♦
Registered shares
International
Monroe
Jan
300
106%
50
Industries
Jan
3%
18%
*
Machinery
Hydro-Electric—
Metal
20
Monongahela Power Co—
4.40% cumulative preferred
12%
lo
Cigar
$3.50
Jan
Jan
12%
9%
101%
International
Jan
18 y4
10
18%
£1
International
3
7,800
18%'" 19
12%
Indianapolis PWr & Light 4% pfd—100
Inernational
7%
2%
Feb
&
Insurance Co of North America
7%
2%
7%
3%
18%
*
__
7%
1
1,250
£1
coupon
Registered
Imperial Tobacco of Canada
1
Monogram Pictures common—
7%
Industries—
Jan
l'/a
4
Jan
5
Feb
Feb
59
Jan
54 Va
55 <4
3.700
x54%
7%
774
900
7%
l'A
1%
1,000
73%
73%
50
l'A
65
Feb
Jan
Jan
9 Vb
Jan
174
Jan
73%
Feb
27
28
THE
(872)
COMMERCIAL
1
Friday
Week's
Range
of Prices
Shares
Par
New
common
Co
Auction
York
Low
*
New
YoA:
& Honduras Rosario
York
Merchandise
York
100
10%
10%
650
Share
7%
Jan
10%
Feb
31
13
Jan
Feb
Jan
Jan
13 Va
Jan
Salt
St
18%
18
18%
200
17'/a
13'A
17Va
13%
17%
48.500
15 Va
Jan
17%
Feb
Samson
13%
800
12 Va
Jan
15%
Jan
Niles-Bement-Pond
17%
United
10 Va
10%
2,600
Nipissing
5
common
5
Mines-
9%
Jan
10%
Feb
Jan
20%
Feb
Schulte
American
»
North
Central Texas Oil
Northeast
North
1
Co
RR
11
3%
50
Airlines—
Penn
92 %
900
%
43%
Jan
3
11
300
2%
li'a Jan
Jan
1,700
Jan
7'%
16%
Steel
200
3
Seeman
4% %
Oklahoma Natural Gas_
3%
Jan
Selby
Jan
93%
Feb
Overseas
Convertible
Jan
$5.50
5.000
6%
Jan
500
16%
Feb
18 V>
400
1%
41 %
200
1 Va
Jan
1
Jan
Jan
45
41%
50
41%
Jan
310
111%
Feb
114%
900
34%
Jan
37%
Jan
13Va
1,300
11%
Jan
13%
Jan
17
Jan
18
Feb
18%
200
17%
Jan
18%
Feb
9%
Jan
11
Feb
-i.
—
—
—
Jan
3'%
Feb
Feb
2%
Jan
Jan
28%
Feb
15'%
Jan
5,200
2%
2,700
2o%
27
14
14%
400
13%
Jan
1%
1,300
1%
Jan
16%
16%
100
157a
Jan
1%
1 %
1%
4,700
1%
Feb
-
1
1%
Feb
Jan
17
1%
Jan
xl43/a Xl4%
50
13 Va
Jan
14'%
Jan
3 Va
3%
12,800
3%
Jan
3%
Feb
24'/a
24%
4,700
22 Va
Jan
25 3%
Jan
200
84'%
Jan
89
Feb
88'%
__
Jan
91
1,300
37n
Jan
4%
11,200
1,500
3%
Jan
9 Va
Feb
1
3%
5
24 %
89
87'%
89
25
—
Inc
4'%
4%
7%
6%
8
%
%
1
.
1
1
Control—!
1
Mining
5
Denn
Jan
2
Jan
1 %
Corp class B_
Leather common
Shattuck
36
12 Va
18 %
2%
certificates
Safety
1%
Feb
16%
-
stock
B)
(R
Feb
13%
100
2%
3%
1
Serrick
Seton
1%
3'%
26
27
Jan
27 a
—
—
—
2%
1
common
stock
prior
Feb
18%
1%
__
—
25
Shoe Co
—
Industries Inc common-
Sentry
35 %
1
Securities
1%
1
Selected
Feb
7%
13 Va
——-
Jan
«
Jan
113 % 114%
r- —
O'okiep Copper Co Ltd Amer shares.
Feb
8%
Segal Lock & Hardware—
2%
84^4
35%
Inc
Omar
28'%
Feb
*
50
»
B
13'/a
Jan
6%
General
Jan
15
—
United Filters class
Oliver
41%
114
Jan
23%
9,900
Inc
Bros
2,700
7%
17
1
*
10'%
3,800
Sentinel Radio Corp common
50c
loo
preferred
Co
Corp
12 %
Feb
11
Securities
O
Power
3,800
7%
1
Scovill
Feb
Jan
47 Va
'
Ohio
12'%
28%
6%
A)
Allotment
Ohio Brass Co class B common
12%
27'%
6%
25c
—
Inc common
Manufacturing
(D
Semler
Ogden Corp common
12%
*
3%
93%
92
7%
16%
1
*
Northrop Aircraft Inc
Novadel-Agene Corp
74
47%
2%
11
3%
47%
2%
preferred—50
Utility Securities
North
%
46%
__
5
North American Rayon $3
High
23%
Corp common
(Del)
Sayre & Fisher Brick Co
14%
10%
*
Hundred Corp
Low
1
Oil Co
Dome
Savoy OH Inc
Scullin
Nineteen
Range Since January 1
High
49
common...
convertible preferred
1
common
Low
.1
Ltd
Corp
Lawrence
1
5
Power common
Corp
Shares
s
Feb
1st
shares
Founders
Niagara
for Week
<
7%
Shipbuilding Corp—
Niagara Hudson
Range
of Prices
Par
High
29%
7%
Last
Sale Price
Exchange
New York Curb
Range Since January 1
Sales
Week's
Friday
Low
7'/a
10
New
34
STOCKS
High
10
New
EXCHANGE
WEEK ENDED FEBRUARY
for Week
Sale Price
New York Curb Exchange
FOR
Sales
Last
STOCKS
RANGE
Monday, February 27, 1950
CHRONICLE
FINANCIAL
CURB
YORK
NEW
,
&
%
%
—
—
Feb
Jan
Jan
10%
2%
Feb
3%
Jan
Jan
—
3
2%
3
Jan
12%
1,900
—
—
—
n
Jan
10
•
Jan
11%
—
—
Feb
Feb
*
20%
20%
20%
2,400
20%
Feb
22%
1
21%
21
21%
2,400
20 V*
Jan
23%
Jan
65'%
900
63'%
Feb
69 %
Jan
10
107%
Jan
1C9%
Feb
18%
Jan
19'%
Jan
1,000
15%
Jan
17
Feb
18'%
Jan
I87/a
3%
Feb
30%
Jan
5%
Jan
Shawinigan Water & Power
Sheller Mfg Co
Sherwin-Williams
25
common.
__
*
Corp of America class A
--'■
■-
'■
—-
—
■
3%
6%
3%
6
100
6%
3%
_»
Silex Co common
17
16%
*
Ltd
Breweries
Sick's
109
•
Canada
of
%
109
'
v..
Sherwin-Williams
Shoe
64
64%
preferred
4%
1,200
Feb
Jan
4
Slmmons-Boardman- Publications—
Pacific
Co
Can
5%%
5%
5
,6%
1st pfd
1st preferred
1st
5%
redeemable
5%
redeemable 1st pfd series A
preferred
1st
Service
$1.30
1st
Oil
31%
Jan
33%
Feb
Jan
29%
Jan
Jan
29 %
Feb
28 Va
Pattern
Ltd class B
Singer Manufacturing Co
Singer Manufacturing Co Ltd—
Amer
dep rets ord registeredSmith (Howard) Paper Mills
Simpson's
900
28
Jan
29%
Feb
75
103
Jan
106 Va
Feb
98Va
Jan
104
15
Feb
15%
Jan
24%
Feb
25
Jan
§Solar
39 Va
Jan
41%
Jan
Sonotone
24%
24 V2
100
Aircraft
Solar
2%
2 %
20,000
2%
Feb
3
Jan
Soss
5%
6 %
28.500
5%
Feb
7 Va
Jan
South
Coast
17
17
25
16%
Jan
17
Feb
South
Penn
24 Va
22%
24 Va
150
x22%
Feb
27%
Jan
Southwest
Southern
1
1
$1
Telephone common—
11
4%
—
1.900
cumulative
$1.32
preferred
preferred
A
Penn
pfd
Power
&
Jan
12
Jan
J an
57
Jan
5%
Feb
11
2%
•
com
Traffic
Penn
3.300
100
2%
150
108% 108%
100
3%
4 Va
Feb
Co
Oil
Pa
__
(The)__.
Pepperell Manufacturing Co
Perfect Circle Corp__
Pharis Tire & Rubber
Jan
Southern
Jan
Southland
2%
Feb
2%
Jan
Speed Queen
Feb
!
11%
—
3 Va
56s
56 iJhr-'V
4
1
11$
%
U
*' 650
100
4%
1
Jan
5%
Jan
3V2
Jan
Standard
59%
Feb
Spencer Shoe Corp
%
Brewing
Pleasant
11 Va
Feb
%
Jan
Standard
300
17 Va
Jan
5%
400
4%
Jan
Dredging
500
17 Va
$1.60
Jan
Standard
Jan
17
Jan
19
Corp
Polaris
6%
1st
2}*
900
~2%
Jan
~2\l
Feb
1%
400
1%
Feb
2 Va
Jan
Standard
xl5%
15%
1.700
59 Va
58 Va
59%
600
21
21 %
3%
1
25c
2.50
common
Corp of Canada
•
common
21%
2,500
3%
100
preferred
~4%
$7
Pressed
Inc
Metals
•
35%
Prosperity Co class B
Service
of
Feb
35
Jan
16%
Feb
17%
Jan
Jan
Jan
3%
Jan
4%
Jan
1 Va
Jan
Feb
Jan
Feb
3%
Jan
4
Jan
Steel
Co of
Jan
17
Feb
Stein
(A)
21%
5%
_
Stinnes
10%
F'eb
12%
Jan
Jan
Sun
9%
Jan
3,500
lVa
Jan
1
%
200
7 Va
Feb
7%
Jan
300
9 %
Jan
10%
Jan
(Hugo)
&
Feb
1,200
2%
Feb
3%
Jan
17'%
17%
3%
17%
200
17%
Feb
18'/a
Feb
Jan
9%
Jan
10'%
35%
x35
357a
1.100
347'a
Jan
36'%
5%
5
5%
49,800
3%
Jan
5%
Feb
5'/a
5
5%
4,000
3%
Jan
5'a
Feb
Jan
169%
Feb
9%
9%
168
166
166
500
9
100
155
Feb
6'%
Jan
Feb
7%
5%
Jan
4'%
900
2%
Feb
3
Jan
5%
6.800
4'%
Jan
5%
Feb
88'%
88 %
100
87%
•
—.
Jan
——
Feb
Jan
92%
23
■
__
Feb
25
Jan
12%
Jan
11 Va
Jan
7%
7%
200
7 Va'
Feb
8%
Jan
1
"{&
I«
1%
1.400
%
Jan
3 Va
Jaft
.1
4%
4'%
4%
1.700
3%
Jan
5%
Jan
450
14'%
Jan
18%
__
•
17%
18
_
500
2%
Jan
3%
Jan
17'%
17%
150
17%
Feb
19'%
Jan
15
14%
15
150
13
Jan
16%
21%
*
21
Cement,
*
Inc
.1
Co
4%
Jan
€
Jan
21%
275
20'%
Jan
24
Jan
3 Va
6,300
2'%
Jan
3 '/a
Feb
8 Va
Jan
9
Jan
2%
2%
15
...
—
Feb
100
4%
4''a
25c
Corp
Jan
2%
.1
common
•
18
2%
2%
5
_
Die
Oil
Feb
2%
1
Corp
Portland
Finch
3
»
Ray Drug common
Superior Tool
22
Products common.!
_
Superior
12%
Jan
__
Stop & Shop Inc
Stroock (S)
& Co
11%
Jan
19'%
200
__
Co common
Jan
300
9%
200
*
common
35%
1.4QQ.
1,600
l.S
5
Jan
Jan
12
22
1 >s
5'%
Co
(J B)
Jan
11*%
22
{2
1
Canada
&
%
113 4
22
Corp__
(The)
18%
t:t.
1 :i
.
...
Colorado—•
4%% cumulative preferred—
Puget Sound Power & Light—
100
prior preferred
Puget Sound Pulp & Timber
Pyle-National Co common
104
104
104
25
•
$5
101
101
102
175
103%
Jan
104%
99 3
4
Jan
102
Feb
Feb
,
14%
15%
800
143%
Feb
16%
Jan
3
11%
12%
425
11%
Jan
12%
Jan
1q
common
Pyrene Manufacturing
7 Va
7Va
100
Jan
7%
Jan
*
14%
7
Electric
Tampa
Technicolor
Texas
&
Shovel
Thor
*
Light 7%
Co
'
35 %
common
Markets
119
preferred.100
•
common
6% preferred.—
Quebec Power Co.i
108%
220
98
Jan
109%
Feb
155% 155%
107%
110
154
Jan
159
Inc—
14 Va
*
Jan
14%
Feb
Stocks
Allied
Tobacco
&
Security
Trust
_
Co
300
300
11%
Jan
14%
Feb
100
16
Feb
18
Jan
x7%
500
7%
Jan
8%
Jan
14
14 %
400
12%
Jan
14%
Feb
93
93
210
75
Jan
98'/«
14'%
deposit rets def registered.
23
23
1%
1
23
1%
—10
26%
26%
26%
*
26%
25%
27
50
100
1%
Jan
Jan
1%
Trans
100
24%
Jan
28
Jan
24%
Jan
27
Feb
True
56
Jan
53
Feb
Trunz
Feb
Tung-Sol
56%
10
9'%
16,800
6 Va
Jan
9%
Reading Tube Corp class A
6.25
4%
4 "4
4%
1.200
4
Feb
4%
—1
3 Va
3%
3 %
1,000
3%
Feb
4
1
Jan
1%
175
101'%
Feb
103%
Jan
400
Feb
1
Jan
1,000
3
Feb
4
Jan
3%
<
3%
8.200
2%
Jan
3%
Feb
350
17%
Jan
18%
19
3
4
preferred
1
«
Feb
Jan
20%
Jan
20%
700
8%
Jan
10%
Feb
100
11%
Jan
12%
Jan
1
Jan
1 Va
Jan
500
2%
Feb
3Va
Jen
12%
Jan
14%
7%
Jan
Feb
Feb
'
.
common.
19%
''
-
.
9%
9%
12
9%
12
12
Jan
Feb
-
Jan
1
300
Jan
Jan
Regal Shoe Co
Jan
2
'
Works
Jan
45
Feb
3%
■%
♦
convertible
80c
3%
"
•
Inc
%
Jan
Feb
1%
39
12
101'% 102%
__
1
Temper Corp
Lamp
Feb
Jan
5
Jan
3
1
warrants..
%
700
1.100
1%
1%
1%
102',4
Corp
%
40
39
39
100
preferred
Jan
Lux
%
5s
—20
Tonopah Mining of Nevada
2.800
8%
.
4%
,_70c
4'%%
Jan
eg
Tri-Continental
56%
8%
21
Corp
Royalty
Ediscn
Toledo
$3 convertible preferred
•
Raytheon Manufacturing common—_5
7%
7%
Ltd—
Shipyard Corp common
Toklan
Railway & Light Securities—
Raymond Concrete Pile common
Jan
16
4
4
93
Amer
Rath Packing Co common.
Feb
3 33
13 3
deposit rets ord registered. —£l
Todd
R
Investment A
13%
Jan
Jan
16
*
Amer
10
Feb
18%
122'%
13%
1
Tishman Realty & Construction
Tobacco
Voting common
Railway & Utility
.
Jan
Feb
16%
13%
1
_
...
35%
Jan
33
119
Jan
1,06
100
Roofing
30
16
1
Tilo
1,000
13%
5
25c
Inc
500
17
16
5
common
33%
120
16%
17
common..:
Corporation common
Thorofare
■
•
Co
Inc
Power
Thew
Quaker Oats
27 a
2,700
47a
Feb
3%
3
3
3
„.
—
_
Corp
class
Tube
Starrett
Swan
Public
32%
50
1
Sterling Brewers Inc
§ Sterling Engine Co..
Sterling Inc
7'%
4 Va
300
2%
Standard
Sterling Aluminum
10
200
16%
•
2%
Feb
Jan
10
»
-
4%
33%
'
2%
Feb
59%
Jan
7'/a
•
Providence Gas
Feb
16%
,
1
15%
Jan
Jan
1%
Feb
B
Jan
7%
1%
27%
900
14%
1%
Producers Corp of Nevada
Jan
3,600
Jan
■
Feb
26'%
5
Jan
12
3074
.7
Feb
10%
Jan
4%
6%
10%
29%
6%
4%
11%
1,300
4%
14%
11%
30%
6%
75
:0Va
Jan
32%
1
800
1
;
Jan
29
Jan
1
14%
33
47%
Jan
31'%
27%
_
—
Co
3,300
100
Jan
28'%
200
1
—
_
Products
7%
35%
46 Va
200
4%
20
_
4%
35 %
260
32%
10
_
14%
1
America
B
7%
4%
47
28%
1
common
Light common.
14'%
Va
—
2.50
common,...
of
Feb
33%
*
preferred
Stetson
Prentice-Hall
class
55
100
Pratt & Lambert Co
&
Standard-Thomson
14
7
Jan
17
*
Power
1%
10
Mining Co
Powdrell & Alexander
Power
28%
Jan
27%
1
Forgings Corp
Oil
(Ky)
Standard
2%
1%
xl5%
5
common
common
Feb
14
10
convertible preferred
Feb
6
2
Valley Wine Co
Pneumatic Scale
25'%
100
700
.2.73
Co
Feb
19 %
50
Pittsburgh Metallurgical
1,800
17
•
Standard Cap & Seal common
Convertible preferred
'
20
17
17%
1
Pittsburgh & Lake Erie
Feb
26%
30 %
'
•
Stahl-Meyer Inc
4%
4%
1
common
4
Jan
Common
Piper Aircraft Corp
Pitney-Bowes Inc—
Jan
47
:
5
Corp conv class A—
40 V2
Pinchin Johnson Ltd Amer shares
Pioneer Gold Mines Ltd_^
3
I
_
Jan
11
900
Co
Standard
Pierce Governor common
500
5
.
Royalty
109%
19%
•
•
Jan
3%
32 %
47
32%.
25
preferred
Pipe Line.
Feb
27/a Jan
53%: Jan ;/
.55 Va
cumulative
4.32%
Jan
108
500
3%
3V«
*v56
50c
common
Jan
8%
9'%
25%
-
25
25
Feb
36
Phillips Packing Co
3'%
Feb
%
28%
25
convertible preference
11 »/4
200
*'
Jan
Jan
8%
a
Edison—
4.48%
29%
500
2.50
L
Feb
25 Va
4%
common
%
Feb
27a
700
17
«-
25
Jan
38%
4
Jan
8%
10
Line
preference
Jan
4%
1
l57/a
3%
convertible
Jan
37%
20
Jan
Feb
900
8%
12.50
common
Pipe
California
10%
4%
(Mass)
5,900
500
1
.
original preferred
cumulative preferred
24%
37%
Pep Boys
48 Va
Jan
46
»
Water & Power Co
32'%
%
31
,
1
common
common
4.88%
2.50
Penn
Philadelphia Co
20
25 Va
10%
10%
1
Light 4%%
300
25
Pennroad Corp common
Penn Gas & Electric class
2%
Jan
3%
%
1
Co
15%
13%
14%
1
Corp
29
25%
25
cumulative
48 Va
4 7
47
*
Jan
13'%
—
—
Jan
2%
32'%
—
__
—
4.56%
Peninsular
—
Feb
290
Jan
269
»
_
_
Manufacturing
53
1
•
2
1,300
*
£1
Corp
5%
Ltd
Co
Manufacturing
2%
Parkersburg Rig & Reel
Patchogue Plymouth Mills
286
280
285
'
•
5
100
Jan
Jan
7
-s_
Jan
125
800
vtc
30'%
„
_
1.000
15 V2
Amer shares
"."
1
common
«
29%
100
24%
•
$3 convertible preferred
Simplicity
29%
15
Co
Co
200
33 %
•
Parker
Patioan
Feb
29
Paramount Motors Corp
Pen
Feb
36%
100
common
(C A)
9%
Jan
105% 106
•
(C A)
Jan
100
preferred
Panatapec Oil
7%
34%
29 Va
29Va
•
Page-Hersey Tubes common
Pancoastal
400
1,400
29%
33%
33%
25
Lighting $4.50 preferred
Pacific Power & Light 5%
pfd
Public
36%'
25
Pacific
Pacific
36%
25
25
preferred
9%
36%
9%
9%
25
common,
Pacific Gas & Electric
Reis
(Robert) & Co
Reliance
Electric
1
&
Engineering
5
*
26
Richmond
1
29%
30
Rice-Stik Inc
Radiator
■
2%
'
30 %
26
26
2%
2%
100
1
1,975
27'%
Jan
30%
100
23%
Jan
26'/a
2%
Feb
3 Va
Jan
v
1
t c
Ulen
Realization
2
Va
2
2%
3,700
2
Jan
2%
Jan
4°/o
Rochester Gas & Elec
pfd F
100
& Pendleton Inc common
101%
•
100% 101%
--
—
50
—
98%
Jan
102%
Feb
25
Jan
29%
Feb
•
Co
Rome
dep receipts for ord reg— £1
Cable Corp common
5
Roosevelt
Rowe
Field
(The)
Corp
5
Co
Fifth
Ave
6-14
6%
22%
9%
8Va
22 %
1
common
Royalite Oil Co Ltd—
Russeks
9%
•
$3.75
1
Ryan Consolidated Petroleum
1
footnotes see
page
i
6%
Jan
7%
Jan
United
700
22%
Feb
25%
Jan
29.
*
Omaha
United Elastic Corp
10
Jan
United
Chemicals
Corp
600
8%
Jan
10%
Feb
United
23,700
7%
Feb
8%
Jan
United Milk Products common
Jan
9%
9%
5 "a
9%
8%
yvb
6 %
Jan
4%
Jan
5%
Jan
7%
Jan
9%
Feb
1.200
—
2,800
Light & Railways
Amer
United
Molasses
Co
deposit
rets
NJ
RR
&
3 %
350
3%
99
Feb
100%
Jan
67
41
%
2,600
34%
34 3.,
100
40 %
41%
40,700
.
Feb
3%
Jan
51%
Jan
ft
ft Feb
33
37%
Iri
Jan
35%
Jan
41%
Jan
Jan
Feb
10
17%
18
120
Jan
19
*
*
Feb
Jan
Jan
2%
2,800
48
7
participating preferred
United
100
99
,in
8 %
512
3%
_♦
9%
75c
8'
64
99%
warrants
8 V8
——
3,900
common
9%
Jan
14%
100
common—50c
8%
5%
*
Ryerson & Haynes common
of
Products
600
6%
23
Yards
Aircraft
Jan
10
14%
Co of California—
preferred series A
"9%
9%
1.25
common
Ryan Aeronautical Co
For
~y%
10
Inc
Electric Steel
Rotary
Union Oil
United
American
14%
2%
4
Investment
Union Stock
Rolls Royce Ltd—
2%
_5
Union Gas of Canada
Union
Roeser
10c
Corp
Unexcelled Chemical Corp
Rio Grande Valley Gas Co—
(Texas Corpt
U
Feb
600
Jan
Ltd—
ord
Canal
registered
100
236
Jan
242%
Jan
Volume
171
Number 4885
THE
COMMERCIAL
NEW
YORK
RANGE
Friday
Week's
Last
Range
r
Sale Price
of Prices
'
United
Profit
10%
Sharing
25c
common
preferred—!
United
Shoe
S
Air
S
%
500
%
High
%
Jan
Interstate Power
Jan
ADebenture
57 a
J.'.n
43%
45 74
2,700
43%
Feb
4974
Jan
Isarco
-
—
5
—
41%
380
4072
Jan
41:%
Feb
A 7s
with Nov
13 74
13 72
400
12
Jan
13%
Jan
A7s
with
10c
1%
Jan
Altalian
Jan
McCord
Feb
Midland
and
International
1st
preferred
S
Radiator
U
S
Rubber
Universal
Securities
with
*
Corp
Consolidated
Utah-Idaho
&
Power
Feb
4%
2,400
8
90
181
Jan
4
8
4 V2
Jan
7,700
472
Jan
5%
Feb
1%
Feb
1%
Jan
New
200
1%
Feb
1%
%
44 7'2
400
40
Feb
44 »/2
Feb
25
Jan
28 V2
Jan
28%
100
28
Jan
29%
Jan
2%
1,500
2%
Feb
3%
Jan
25%
25 (2
23'/a
Jan
90
Feb
42
2,000
257a
Ohio
$4
convertible preferred
o
5
74
5 74
5
.
Vanadium-Alloys Steel Co__
Venezuelan Petroleum
Venezuela Syndicate
Inc.,
•
«.«*
31
1st
Power
1st
Feb
5
«.
68
Jan
70
Jan
3174
Feb
3%
Feb
4%
Jan
(4s
Oct
Oct
Service
Queens
50
Waitt &
Bond
Inc
4
2,200
2%
1,300
274
Feb
3%
Jan
Safe
13 7-2
200
12%
Jan
1374
Jan
San
1947
1
Borough
$2
preferred..^
cum
Walt-ham
Ward
Watch
Baking
Co
i
w
West
Gas
Utilities
Tablet
Stationery
Wichita
River
Wickes
(R
Co
Products
Wilson
Brothers
5%
30 Ve
21
21
171/4
171/4
31^
31/2
1734
ay8
__
10
5
Co
_
Elec
Inc
w
•
Wisconsin
Pwr & Lt 4(4%
Industries Inc
Woodall
Woodley
Petroleum
Wool worth
(F
pfd
30%
100
105(4
2474
Feb
28
Feb
29 y2
Jan
32 y4
21 74
Jan
Feb
18
Jan
300
2V4
Jan
374
100
17%
Feb
19 %
400
7%
Jan
8y2
6y2
Jan
American
deposit receipts
preference
Wright Hargreaves Ltd.
93/4
12
4
Jan
14
Feb
30%
100
29 ya
Jan
32
Jan
20
105y2
Jan
16
1274
4%
4%
500
liS
2,200
Week's
Last
Chicago
3%s
Transit
Registered
1st
2
74 s
Pwr
2%s
(Bait)
Q
ser
series R
274s
274s
conv debs
&
Lackawanna
4
10774
10874
3
103%
10674
Lt
Marelli
A674s
N
14
108
Jan-July
Jan-July
3
92
IOOV4
100(4 100(4
Nov
Trunk
International
1104
106
1981_ —May-Nov
A 5s
Mar-Sepf
104%
15
105%
106
105
10174
101%
••■106%
1067/s
MM
-
$10474 106%
„Jan-July
(Aug
(July
-
$10174 102%
1989——
"
„May-Nou
1950
—
$106% 10774
—
-April-Oct
1981
April-Oct
C
1
1127a
9974
103
104
104
—J an-July
—
$135
82
.-A-
9474
•
1
141
Ry
106
25
$11074
1061/2
10874
5
A/ay-Nov
May
Jan-July
59
59
5974
45'4
45(4
46
1027s
Mar-Sepf
4
115
noy4
Dec
1
1940
1953-
_
10274 103
3
79
82
45 74
_
45%
2
45%
58
44
57(4
Feb-Aug
59
63%
48
coupon
61
61
61
—
1947
debentures
f
103% 103%
10374
1953
47
10274
5s
1956
..June-Dec
—
$61%
__
1956
52
10274
—
103%
65
62
63
$30
__
1954
95 74
__
2
95%
$107
—
1960
9574
121
103
96
107
103
120
10174
■■■
107%
120
—
$120
—
103
Union—
debentures
Agricultural Mortgage
1959
103
—
Interest
20-year 7s April
A20
7s Jan
year
Bank
7
Week's Range
Last
Period
or
Sale Price
Range Since
Sold
NO.
High
Jan. 1
Low
Apn'Z-Oct
High
$71%
Jan-July
$7174
June-Dec
49%
50%
4
4674
50%
May-Nou
90
92
9
79-
92
Feb-Aug
Valley 7s ' 1948
Cons Municipal
83
83
3
7774
8374
Jan-July
+4- CD
9
71%
—
71%
Mortgage Bank of)
External
574s
External
5s
Danzig
Bonds
Friday's
Bid & Asked
—
1947
(see
Danish
(Col)
1946
ACauca
Loan—
1955
.
1953
Port &
AExternal
ALima
Waterways
6 74s
—
stamped
stamped
674s
1952
__
774
stamped
1958
Mar-Sept
18%
18%
8
8%
1474
18%
4674
50%
(Plan A)
Interest reduced to
AMedellin
2y8s 2008
May-JVoy
7s
stamped 1951Mortgage Bank of Bogota—
A 7s
(issue of May 1927)
1947
133
34
June-Dec
,49%
50%
Map-Nov
April-Ocf
$48
June-Dec
$37
June-Dec
*
A7s
(issue of Oct 1927)
1947
A Mortgage Bank of Chile
6s 1931
Mortgage Bank of Denmark 5s 1972
H8I/2
1601/4
174s to 2(4s
Rio
de
$87%
$48
11
'
—
•
_—
—
'
—-
SO
—
37
37
80
88
ARussian
130
16914
Jan-July
1963
9934
65
52
9934
9974
110374 104(4
June-Dec
103y2
1958
Jan-July
stamped
reduced to
"No
e
1957
Feb-Aug
1957
42(4
81
887a
87'4
8774
88
17
84'2
85
7
7674
Jan-July
a
transaction
n
2012
3iy»
22%
3374
44
daily closing
94%
94%
4
8674
95
90 7
91%
19
83%
92
-
2
Deferred
(not
in
year's
delivery transaction
included
in
year's range*,
transaction
range),
Rail-
Util-
trials
roads
ities
65
Stocks
203.97
56.00
42.78
94
2%
3%
3%
52
2%
3%
x
(not
Ex-dividend,
prices;
no
sales
(not
y
included in year's range), d Ex-interest,
g Ex-stock dividend,
h Ex-
f Ex-distribution,
included
in
year's range),
r Transaction
Ex-rights,
zEx-liquidating dividend.
being
transacted
during
current
20
203.47
55.65
Feb.
21
203.35
55.44
Feb.
22
Feb.
23
203.32
55.24
42.73
73-68
Feb.
24
204.15
55.48
14
86
95%
42.81
73.95
cash
week.
tive;
9074
90%
15
83%
91%
"w
representative stocks and bonds
Over-the-Counter Industrial Stock Average
(35 Stocks)
10
10
First
Second
Indus¬
Grade
Grade
trials
Rails
Ralls
10
Total
Util¬
40
ities
Bonds
Date—
101.76
Feb.
18
36.44
High
Feb.
20
36.55
Low
Feb.
21
36.54
106.23
91.54
42.73.
73.84
103.11
106.14
91.69
106.16
101.77
42.87
73.89
103.16
106.22
91.81
106.16
101.83
103.06
106.18
106.28
101.81
103.08
106.14
91.73
91.74
Closing
Feb.
Holiday
—
Compiled by National Quotation Bureau, Inc.
106.09
103.16
Holiday
for
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 w," with warrants; "x w," without warrants.
95
74.07
:
33%
2
374
Bonds being traded flat.
BondsTotal
31
3374
§Reported in receivership.
94%
averages of
IB
22%
3
Abbreviations
95
the New York Stock Exchange as compiled
by Dow, Jones & Co.
20
32%
18%
3
__Jan-July
—Jan-July
674s 1919
Under-the-rule
included
A
90%
1952
34
22 74
2274
86
94%
—
1952
$33
Jan-July
June-Dec
value,
par
Odd-lot
(not
42
8472
1955
Mar-Sept
1997
(Plan A)
2%
Government
$Friday's bid and asked
June-Dec
1941 coupon)
2008
59 y2
100
10374
49
4372
A)
2 74s
1921
principal.
+45
$42
coupon)
coupon)
74 s
to
—
(ser A B C D E)
Janeiro
Interest
65
(Plan
reduced
(Republic of)
A 5
1950
4s
stamped
Interest
Peru
Sec—
1941
City (Peru)
Maranhao
10374
118%
11171/2 118 58
May-Noo
..May-Nou
1958
Indus-
Feb.
m-
Co—
coupon
coupon
Traction
s
—
Hotel—
Newspaper
conv
3
$30
„
Low
60i/4
42
4
10
18
96
131
82
$44
—
1940
1
1
income
Penn
Parana
551/2
28
RR—
SO
Feb.
89 V*
131
•
80%
April-Ocf
_
—
BONDS
104
10674
11074
106
II21/2 112(4
April-Oct
1955
1941
F
106
Stocks
Date—
—
'
—Apr if-Oct
1946—
94 74
■
__
'
Stock and Bond Averages
on
109%
104%
105
104%
—
._April-Ocf
New York Curb Exchange
A
106.15
101.78
'
104%
108
$103
1970
109%
—
104% 10574
$106
——
Foreign Governments and Municipalities
Bank—
Power 33/4s
Below are the
listed
"
Corp—
Aug
Dec
Western
6s
162
10574
$102%
$108% 109%
..
1966
Service
with
ex
West
iooy4
106
1106'/a 10674
Mar-Sept
Power
series
series
Mtge
on)
market
series E
A 7s
94
99 74
105'2
1104
1976—Jan-July
U
coupon
coupon
(ooupon
A6V2S (Dec
(
10474
Washington Water Power 3 74s 1964
11074
Co—
1940
1947
Western
Ex-coupon
.
169
10574
9974
Jan-July
T
1956
5s
Western
series A
A7s
7
Division—
Mfg
1
1
Mountain
A 7s
93%
April-Oct
series
1961
Guantanamo &
A 7s
9374
10474
—
May-Nov
J
Residential
74s
6
40
1976
series
& RR
Nov
5s stamped
A 6
10474 104%
1973
B
374s
5s
Bogota
104 y41041/2
IO514 1057s
City) —
474s 1954
Elec
with
ex
6s
104%
Aprii-Oct
(Calif)—
trust
Waldorf-Astoria
106%
110674 107
116374 180
i04y4
Western RR—
of
Water
'A 6 74 s
Green
160%
_
1971
Electric
A7s
106
110(4 11074
mortgage 4s series A 1993
1st mortgage 4s series B 1993
Eastern Gas & Fuel 3 74s 19651
Grand
10
High
110'2
1st
Finland
Low
10778 108(4
A
Ercole
No.
(Bait
mortgage
Delaware Lack
Elmira
High
1057s
1962
Consolidated Gas
General
16174 162%
*
1965
1969
A7s
Jan. 1
1948—Jan-juiy
1981
mortgage
mortgage
ref
Gas
Gas
revenue
United
Range Since
Sold
1041/4
103 '
1977
.
162 74
Friday
Bonds
„
Lt &
mtge
ref
3s
3s
series
stamped
with
Jaii
?
103% 103%
June-Dec
1947—1978
-MM-
61
...
1st ref 234s
1st
of
$30
61
Co—
1998
Range
Mar-Sepf
debenture
674s
438. Feb
"2
Jan
Authority—
Co
Consol- Gas El
1st ref
Jan,
Bid & Asked
1960_ATaj/-Nov
1954
series
revenue
Cities Service
4
~1%
Friday's
or
Sale Price
Quar-Feb
Central States Electric Corp 5s debs
«—
65
Jan
Jan-July
6s Aug 1 1998
2%s series A 1970
$61%
Jan
Feb
June-Dec
Bell Telephone of Canada 5s series C
debentures
A
Jan
14
10 y8
Friday
Period
Bethlehem Steel
574s
106 y2
100
100
Interest
Exchange
Appalachian Elec Power 3y4s 1970
Atlantic City Electric
3y4s
1964
Edison
Jan
1434
10%
xl7e
1%
10674
$10674 108
A6 74s ex Aug 1 1947 coupon 1953
Triborough Bridge & Tunnel Authority—
Jan
Jan
Jan
Low
Boston
Jan
3Vz
13y8
10%
4%;
•
98%
10574
Hydro-Electric Co—
£1
BONDS
New York Curb
Terni
Jan
1434
5s
Gas
(Hugo)) Industries—
2nd stamped 1946....
A7-4s
2%s
Feb
100
Ltd—
6%
3rd
Stinnes
Feb
Jan
__
105 %
$105% 106%
June-Dec
—
Inc
(Hugo)
A7-4s
Feb
Jan
17 74
1374
'
2
107%
9874
I960— —April-Oct
1960
coupon
&
& Bros 5s
Corp
collateral
Stinnes
Jan
21
,
105%
10574
~
106
105%
5
-
62
103
105%
& Electric—
3s
3s
(A G)
Jan
1,100
105% 105%
.1
8
M
motrgage
5s
Jan
8%
30%
2
common
W)
133
25
8%
1141/2
17%
II
II
l3:/2
1
w
common
Feb
ey2
II
II
l
ref
AStarrett
Jan
165
325
4.
—
99 %
coupon
Edison
California
Spalding
Jan
174
Jan
*
common
preferred
Winnipeg
6%
Jan
Feb
50
20
30 74
103
$98%
—
1973
Counties
Jan
112 V2
__
WilLson
174
158
200
27
__
1
Corp
&
10
Jan-July
Southwestern Gas & Electric 374s 1970__.
11% Jan
Jan
8
180
21
1
Corp..
C)
Feb
J/b
1,400
163
—
10
Mfg.
Oil
(The)
Williams
Jan
4%
1,000
100
„
series
and
1st
Feb
l3/4
% Feb
5,900
1
8%
11374 11374
..
20
&
8
%
*
com
Inc
(Wm)
8
preferred
•
1% 1st pfd__100
Westmoreland Coal
Whitman
9 74
110 V2
Jan
29,600
1
1.25
A
Jan
Feb
Jan
9%
200
%
6%
5%
$6
Maryland Ry
Weyenberg Shoe
1074
%
103
60%
—
10674 106%
$105% 106 7s
__
..
California
Feb
'
Western
Westmoreland
9%
}»,
6
:
Western
&
274
1%
__
Co warrants
Manufacturing
Texas
8*4
109
1
Warner Aircraft Corp
Wentworth
2,000
Jan
1%
-
30
vtc
8(2
5574
101%
63
103
1952
Southern
200
8%
874
17
$105% 106%
—
debentures
Southern
2 %
63
4974
'
—
53%
$61
Harbor Water Power Corp 3s
Joaquin Lt & Pow 6s B 1952
1st
i%
.1
"
*-
52
$10174 102
'ww'
—
1940
1
Electric
6%
574s series A
W
Wagner Baking voting trust ctfs ext..*
"7% preferred
—100
.—Feb-Aug
1971
3 7'bs
„
53%
—
.
ex
274
•
98
63
Jan
"5%
31
2 74
3s
Southern
Waco Aircraft Co
—
High
8874
Hydro-Electric Co—
50-year
Feb
27
..
Feb
1963
to
1970
with
4
*
__Jan-July
mortgage 374s 1968.
mortgage
3%s
31
~
20c
62
$30
1963
Lexington 1st mortgage 3s 1964
Pennsylvania Water & Power 374s 1964.
13 74
.1
Vogt Manufacturing
COO
'
•
1952
coupon
6s
Park
Public
l
—__
Gas
Light 474s 1967—
England Power 3%s 1961
A 6
common
1952
coupon
1940
1
4%
at
A67/2s
Corp
1940
1
Nov
Extended
Piedmont
Valspar
63
Low
Jan
_
—
25 %
97
Milwaukee
WM*
1%
2%
*
98
Jan. 1
No.
Valley RR—
83%
5
common
91%
$61 %
1952— —J an -July
Corp debentures 474S 1956
425
28%
—1~
—
10
certificates
Superpower
5%
4%
1%
10
Light
7
89%
_
10
common
Sugar:
Utah
Jan
'
Oil
Products Co
V/b
15%
5%
1
Insurance
Universal
1,700
3,900
50c
common
Universal
1%
16%
4
90
1
Reclaiming Co
1V4
15%
4%
•
warrants
common
Stores
1%
10
1
Range Since
Sold
High
Hydro-Electric Co—
4174
13 ('2
class B
Bid & Asked
Co—
escrow
417/4
Co
Bonds
Fiiday's
or
Sale Price
Low
Jan
44 74
—
Week's Range
Last
Period
.
1
U
United
Low
Interest
New York Curb Exchange
25
Foil
S
Range Since January 1
Conditioning Corp
U
$5
Friday
BONDS
Shares
29
>4
common
Specialties
U
U
FEBRUARY
—
—
(873)
EXCHANGE
ENDED
25
common
CHRONICLE
for Week
High
%
CURB
WEEK
10
Machinery
Preferred
United
Low
FOR
FINANCIAL
Sales
STOCKS
New York Curb Exchange
Par
&
22
Closed
Feb.
23
36.49
Feb.
24
36.51
Range for 1950
...
36.55 Feb. 20
35.13 Jan.
4
Range for 1949
High
Low
35.20 Dec. 31
27.79 Jun.
15
COMMERCIAL
THE
(874)
30
Transactions at the New York Stock
Daily, Weekly and Yearly
Bank
Bonds
Shares
Bonds
3aturday
1,048,940
$1,209,000
1,43 9,452
2,633,100
330,000
Tuesday
1,258,320
2,934,000
Government
Total
Bond
Bonds
Sales
$209,000
Monday
United States
Bonds
Foreign
and Miscel.
Number of
459,400
Holiday
Week Ended Feb. 24,1950
Wednesday
Monday, February 27, 1950
Transactions at the New York Curb Exchange
Int'l
Railroad
CHRONICLE
FINANCIAL
Exchange
Daily, Weekly and Yearly
Stocks
&
$1,418,000
2,965,100
$2,000
3,393,400
...
4,324 200
Thursday
Friday
1,306,190
3,650,000
674,200
1,710,850
3,320,000
405,000
21,000
$1,000
3,747,000
Total
6,743,752
$13,746,100
$2,077,600
$23,000
$1,000
Stocks
Bonds (Par Value)
(Number
Week Ended Feb.
Foreign
Foreign
Domestic
of
Shares)
24,1950
Government
Corporate
Total
Saturday
Monday
290,905
,$60,000
$4,000
401,925
156,000
68,000
Tuesday
344,150
79,000
Wednesday
Thursday
Friday
277,610
104,000
30,000
$5,000
139,000
350,820
158,000
92,000
17,000
267,000
$557,000
$227,000
$22,000
$64,000
,
224,000
33,000
112,000
$15,847,700
Total
Stocks—No. of
1949
1950
1949
72,644,167
$98,000
1950
34,875,184
$97,200
$266,500
Stocks—No. of shares
$1,000
23,000
71,000
138,000
437,000
2,077,600
1,535,000
13,746,100
12,791,000
19,196,000
160,406,900
113,620,600
$15,847,700
$14,495,000
$179,838,100
Foreign
Railroad
Industrial
&
Total
14,785,850
RANGE
14,952,953
8,893,842
$810,000
$6,701,000
$6,190,000
227,000
100,000
3,601,000
1,702,000
22,000
29,000
409,000
307,000
$806,000
$939,000
$10,711,000
$8,199,000
Domestic
Foreign
government
Foreign corporate
Total
FOR
WEEK
ENDED
FEBRUARY
Week's
Friday
Week's
Last
Range
of Prices
Shares
Par
Agricultural Chemical
*
American Sugar Refining
—100
American Tel & Tel
100
American Woolen
•
Low
Anaconda
Edison
Boston
150%
23
98
40%
Feb
45
Jan
42%
122
38%
Jan
42%
Feb
149% 150%
2,899
146%
Jan
150%
Feb
24%
638
23%
Feb
29%
111%
48%
30 %
372
114
111
145
49
1,569
46%
28'A
Jan
Jan
107
45%
Jan
Jan
32
31%
Jan
Feb
114
48%
Feb
Elevated Railway—
Boston
New
& Maine
Boston
7%
100
100
Hecla
&
Service
Cities
•
5
10
Personal Prop Trust
Boston
Calumet
.
Range
Copper
*
Co.
Mass Street
Eastern
Cash
Lines
MiMona]
Inc
Assoc
Safety
'
;
37'A
; ■■
Register.
39%
Jan
Feb
5
Ohio
on
Royale
22
;
—
Theatre
Maine Central RR common
70%
227
12%
5
61
Feb
4%
Chemical
Mathieson
Mergenthaler
Feb
78%
Jan
Xl2%
Racing
Service
61
Feb
64%
Packard Motor Car
New
N
Haven
New
Y
38%
107
36%
Feb
41%
Pennsylvania RR
Pepsi-Coia
RR
Northern
&
2,880
21%
Jan
24%
Hartford
37%
37%
37%
15
Jan
39
70%
132
70 %
69 %
1
J52.32
52.32
52.32,
46%
45%
47%
38%
37%
38%
yi
18
x36
66%
Stone
47%
33%
Jan
38%
Jan
1%
Radio
Jan
55%
20
100
57%
16%
100
15
Jan
16%
356
12
Feb
16
70
70%
Jan
77
52%
14
47%
Jan
53%
Southern
Co
57%
30
52
57%
8%
8%
406
Jan
8%
(N J).
288
17
Jan
18%
Oil
300
17c
Jan
30c
11%
11%
11%
2,949
10%
Jan
12
94
93
94%
380
92%
9%
60
9%
100
40c
97
97
17%
17%
5%
17%
40c
5%
7%
170
15%
7%
22
21%
22%
22%
80
21%
Jan
66%
67'/a
120
66
Jan
26%
2
25%
Jan
30
30%
289
25%
Jan
30%
Feb
34%
87
30%
Jan
34%
Feb
30%
Co
Inc
Electric
4
12.50
System
Corp
23%
Feb
69"%
Jan
27%
s,
Feb
35
43%
Feb
Jan
96%
9%
Feb
Jan
97
Jan
Allen
Jan
17%
Jan
Altes Brewing
Feb
6%
Jan
American
15
259
Jan
16
Jan
Electric
Baldwin
Rubber
Jan
22%
Jan
Brown-McLaren
10%
Feb
11
Jan
Burroughs Adding Machine.!.....
Feb
36%
Jan
Chrysler
112
22%
Feb
25
Jan
Consumers
2,791
53%
Jan
60%
Feb
Continental
43%
Feb
49%
20
1
8
37%
Jan
Mfg
common
!.
Corp
of Trices
Shares
Baldwin
16%
3 %
Power
1
_.
Paper
16%
Corp
Street
Electric common_8%
10
25
Machine
Yard—:
Tissue
Jan
6%
Jan
Jan
15%
Feb
10%
100
10
Jan
11
Jan
:l
200
80c
Feb
86c
Jan
:
2%
Jan
\
43%
Feb
Davidson Bros
14%
Jan
Detroit & Cleveland Navigation
34%
Feb
Edison
Gasket
Gar
Low
20%
55
19%
Feb
3%
211
3%
16%
100
High
CM O
1,059
14%
Jan
15
63%
Feb
67%
Jan
35%
35%
35%
100
33%
Jan
34%
Feb
6%
7%
2,500
6%
Jan
7'%
Feb
«
Jan
160
--
s
i
?
!
7
2,295
7%
1,050
23%
5,438
6%
7%
7%
Feb
22
%
Jan
Feb
8
Jan
I
Jan
23%
Jan
i
J
J
1
Gerity-Michigan Corp
Goebel Brewing
Graham Paige Motors.
Hoskins Manufacturing
Jan
11%
Feb
21%
Feb
23%
Jan
23%
Feb
19
Feb 1
23%
23'A
19
23'A
19
100
23
Feb
300
18%
Jan
2%
2%
2%
650
2%
Jan
...1
5%
5
5%
920
4%
Jan
_
3%
.
__
1
...
2%
Feb
,.5%
;}
Jan
3%
3%
650
3%
Jan
4%
Jan
11%
375
10%
Jan
11%
Feb
2%
--
2%
1,315
Jan
2 %
Feb
150
13%
Feb
13%
430
12% Jan
•
t
•
■i
Jan
2
■\
^
11%
1
1
:
i
,
,
J
•
>
!
!
Jan
Hoover
9%
100
.1
_
Feb
100
21%
1
Industries
3%
11%
21%
5
...
Feb
11%
21%
.10
Brewing
J?
11%
1
Mfg
&
Mogul
Wood
7%
23
23%
—20
_
—
6%
6%
5
Products
Steel
Federal
High
14%
64 %
1
common
Detroit
Frankenmuth
Range Since January 1
81c
14%
64%
'
13% Feb
Jan
80c
80c
1
Ball
10
13%
13%
13%
—2%
12%
12%
12%
Bearing
&
14%
Jan
17%
Jan
16%
16%
18
15%
Jan
18
Jan
Hurd
33%
33%
40
32%
Feb
34%
Feb
Kaiser-Frazer
6%
6%
6%
24
6%
Feb
7%
Jan
34%
33%
34%
167
30%
Feb
34%
Feb
King-Seeley common
Kingston Products
28
28
100
26%
Jan
28%
Feb
Kinsel
Drug
Feb
5%
Screw
13
■i!
Feb
Jan
__
5
5
5%
710
5
Lock
common
402
73%
Feb
75
Jan
56
12%
Jan
13%
Feb
McClanahan Oil
16%
5
16%
Jan
25
44
46%
Jan
Murray
4%
Jan
4%
Jan
7%
22%
22%
150
21%
Feb
22%
Jan
3%
3%
600
3%
Jan
3%
Feb
1%
1%
100
1%
Jan
1%
Jan
360
1%
Jan
1%
Feb
500
3%
Feb
4%
Jan
.
1%
1%
1%
-1
3%
3%
4
__1
-
.
Corp
Bumper
1
1%
1%
1%
5,100
1%
Feb
1%
Jan
6%'"
common
_
—
6%
6%
262
6%
Jan
6%
Jan
17%
1,105
15%
Jan
17%
45%
45
45%
4
60
60
60
55
53%
Jan
60
60%
61%
227
59%
Jan
61%
Feb
Packard Motor Car
88%
88 %
88%
1,534
80
Jan
89%
Feb
Park
issued
59%
59%
25
56%
Feb
59%
Feb
Peninsular Metal Products
class
26%
26%
100
20'A
Jan
12
12%
150
11%
38
38
30
32%
1
1
i
1
,
i
-
u
Feb
61%
-
Feb
-
•
h
Feb
105
1
McAleer Manufacturing
13%
Jan
Feb
8,453
1
Products
74%
Michigan
4
7%
1
—
16%
Jan
4
6%
1
~
-
13%
16%
4
6%
-1
74
74%
4
5
Mfg.
&
4
_—.—...—50
Stock
5%
13%
200
14%
4
common
4
Sub Bell Tel
200
470
2%
64 %
*
Motors
Masco
*
•
4
Brewing
Jan
6%
15%
10%
....
30%
Exchange
Range
--
2%
6 %
2%
'
Detroit
Sale Price
Balcrank
High
Low
Jan
20
20
.1
Range Since January 1
High
15%
--
1
33%
585
Low
Low
2
20%
Sales
for Week
20
Shares
.1
.
10
Last
20
for Week
1
_
Metal Prod
400
14%
Week's
Sales
Range
of Prices
Par
5%
138
Exchange
Week's
Sale Price
16%
34%
Friday
Par
Exchange
WOodward 2-5525
Last
STOCKS
Jan
96%
32%
Cincinnati Stock
Laundry Mach
Curb
DETROIT
Building
Friday
14
14%
34%
York
Chicago Stock Exchange
Detroit Stock
Detroit
STOCKS
New
Stock Exchange
Detroit Steel Corp
Insulation
Formica
Art
&
Gamble.
10
Stamping common
.
16
17%
.2
Corporation
National
Kroger
Procter
Jan
Telephone:
338
10
Gibson
11%
12.50
:
_
Jan
43%
Crystal
145
Members
70c
1,150
Union
Feb
13%
,
Watling, Lerchen & Co.
Jan
45'%
Cine &
Feb
13%
12%
32%
•
(newt.
29c
44
common
.
10%
600
23
Cincinnati
15%
67%
Feb
23
Cincinnati
Jan
12%
Jan
Jan
60 %
&
Feb
29%
<
15%
(Ohio)
Steel
Westinghouse Electric
Jan
19c
22%
Milling
Jan
11%
Feb
22%
;
-25
Jan
17%
56%
Gas
17%
Jan
26%
Feb
19c
22%
Machinery
Jan
17%
8%
59%
Cincinnati
Jan
9%
30
Feb
0
Cincinnati
16%
50
26%
100
13
•
Brands
Oil
S
76
11%
15
5
Standard
U
17%
26%
.
Feb
57
*
Churngold
.
1
Feb
75
16%
19c
•
Inc
Champion
17%
Ilia
17%
Feb
15
52%
12
12
75
16%
United Fruit Co
Burger
Jan
26%
Corp
Jan
10%
American
4%
100
*
Jan
50%
34%
Westinghouse
Jan
*■:
4%
Feb
82c
10%
Rubber
Jan
3%
__
Feb,
100
34%
S
23%
...
Detroit
Jan
170
•
Waidcrf
Feb
New. York Stock Exchange
1%
*
U
27%
4
Feb
54%
50
2.50
Electric Securities com
8hoe
167
Feb
1%
Torrington Co
Union Twist Drill
United
50
.
Oil
70%
54%
100
H)
RR
Webster
&
Feb
27% "27%
4%
54
41
2;420
763
Jan
52.32 Feb
15
Assn
Suburban
34%
Jan
2.50
Rexall Drug Co
Shawmut
Jan
Feb
10
15%
(N
32
'27%
33 %c
_
Pure
Jan
24%
5
1
North Butte Mining
Pennsylvania
129
4
.
Feb
36 %
—1
Assn
Cos
England Electric System
England Tel & Tel
New
34%
Feb
23
*
Linotype
Narragansett
Jan
34%
Jan
12%
4
38%
•
Corp
Nasb-iveivlnator
National
Jan
11%
13%
Jan
66%
149
24
100
preferred
5%
35%
Jan
'
;—•
25
100
Copper..—_—
Boston
Loew's
Feb
260
Jan
4%
19%
4%
*
Co_
Razor
Copper
Kennecott
32%
13%
•
».
Ford
Isle
20
13%
Jan
Jan
30
20
4%
61
--
Jan
Feb
Feb
200
4%
4%
19%
2
1%
36%
12%
—
High
Low
33%
12%
34%
•
Ohio Edison
Range Since January 1
High
32%
*
Standard
Feb
25
69-%
—
•
__—
Electric
Gillette
14%
435
i%
36%
•
Stores
Capital Corp^_
(+enerai
Jan
*
A
adjustment
Employers Group
General
14%
83
•
preferred
100
100
1st preferred series
SS
36%
Low
Rv—
6%
5%
Eastern
1%
100
prior preferred
class C 1st pfd stamped
7%
14%
14%
Railroad—
stamped
Common
14%
Shares
♦
York Central
Standard
100
Stamped
for Week
"
44%
23
25
RR
& Albany
Boston
High
Low
High
41%
50
100
Copper
National
Range Since January 1
43%
American
Range
of Prices
Par
for Week
Sale Price
Sales
Last
Sale Price
Sales
STOCKS
.
24
Exchange
Friday
1949
866,590
-
STOCK EXCHANGES
OTHER
Boston Stock
1950
1949
$557,000
Bonds
$129,109,950
Bank
International
$806,000
to Feb. 24
1,665,410
Bonds
Q. S. Government
Jan. 1
Week Ended Feb. 24
3,281,640
6,743,752
shares
1,665,410
Jan. 1 to Feb. 24
Week Ended Feb. 24
!950
Holiday
-
3%
__
500
2%
Jan
3%
Feb
si
4%
635
4
Jan
4%
Jan
: T
2%
450
2%
Jan
2%
Jan
2%
1
3%
2%
.
Chemical
f
3%
4%
•
2%
970
2
Feb
j
•
i
■
When
Randal]
B
__
U.
Printing
S.
common.
—
26%
Feb
14
Jan
Rickel
Jan
38%
Jan
Rudy
•
Pfeiffer Brewing
Jan
-1
_
(H W)
& Co
.1
.
40
--
2%
2%
2%
■
2
j
Manufacturing
40
2%
400
258
1,600
2%
Jan
37%
Jan
43
Jan
2%
Jan
3
Jan
2
Jan
2%
Feb
>
-
t
■
Stocks—
Unlisted
146%
Jan
150%
Feb
Sheller
31%
422
26%
Jan
31%
Feb
Standard
28%
29%
224
28%
Feb
30%
Jan
Superior Tool
68%
71%
145
66%
Feb
78%
Jan
Timken-Detroit Axle
32%
Service
32"%
55
31%
Jan
33%
11%
12%
608
11%
Feb
13
Jan
37%
37%
10
34%
Jan
37%
Feb
32 %
23%
85
30%
Jan
34%
Feb
46%
46%
47%
95
41%
Jan
47%
Feb
Warner Aircraft common
76%
75%
76%
205
68%
Jan
78
Feb
Wayne
31%
28%
„_10
:
City Products
Columbia
12%
Gas
Udylite
United
5
7
*
10
Federated Dep't Stores
DavtoD
Power
&
General
Electric
Genera]
Light
Motors
For
footnotes
see
page
38.
12%
1,410
21%
200
2%
2%
200
12%
Feb
13
Jan
23
Feb
3
Jan
<
I
Feb
149%
...25
Chesapeake & Ohio—
Cities
176
30%
12%
10
_
149% 150%
12%
21%
Scotten-Dillon
Telegraph.
Steel
Armco
-100
10
American Telephone &
i
'
...
Manufacturing
Tube
&
B
_
Die
&
Radiator
.
—
__
_
.
common
_
3
Jan
Jan
Feb
1,355
2%
Feb
642
14%
Feb
16%
Jan
10
Feb"
11%
Jan
3
.1
10%
10
10%
945
-.1
5%
5
5%
400
4%
Jan
50
33%
Jan
36
Feb
100
15%
Feb
15%
Jan
85c
Feb
1.00
Feb
1%
Jan
36
common.
2%
15%
2%
--
1
36
36
15%
s.
Products
21
15%
1
5
Company common.
Screw
1
common
Corporation
States
Preferred
Walker
class
15%
15%
1
1
90c
•
J-
1%
95c
1%
1,675
600
1%
Jan
5%
"
Feb
•
Volume
171
Number
4885
THE
COMMERCIAL
OTHER
Friday
Week's
Range
Juneau
Gold
Mining
Radiator
American
Tel
St
&
&
American Woolen
Go
Copper Mining
Steel Corp (Un):
Armco
Armour &
Company
'
Avco
'
(Un)
'
Bandini
Barker
Petroleum Co
Bros
Basin
<*
Beunehem
.-'
Blue
Bolsa
4
Steel
Diamond
<
Co
Jan
.! 14%
Jan
•1,686
146%
Jan
150 Va
Feb
Seaboard
Finance
3,279
23%
Feb
32 Va
Jan
Seaboard
Oil
252
28%
Jan
30%
Jan
Sears
28%
Jan
30%
Feb
9%
Jan
24%
'
30%
495
9Va
9%
300
8
Jan
al045/a
al06
119
107%
Jan
a38% a38%
70
3*7%
Jan
30%;
».
al06
__
7%
7%
--'J *
7%
2,147
al2% a!3%
11%
•
■}
Caterpillar
;5%.
a41%
'1%
•
v5%.
Feb
Signal
7%
Feb
1
'
11%
Feb
Solar
Feb
Southern Calif Edison Co Lta
4.32%
preferred
Jan
5%
17
Jan
20
Feb
50%
Feb
56
Feb
Service Co (Un)__
Clary Multiplier Corp
*
'
Cons
Chollar
Gould
6c
Edison
Consolidated
*
Edison Co
of
•
Sav
N
Y
(Un)
*
10%
Feb
13
Jan
35%
Jan
41V*
Feb
1%
Jan
2Va
Jan
Jan
34 V<
Jan
Southern
Jan
8%
Feb
6 %
Jan
Southern Railway
Company (Un)__
Standard Brands Inc (Un)
Feb
Standard
Vultee
Continental
12%
Jan
14 Va
Jan
Stone &
Inc
51
Creameries
•
i
America
of
Industries
duPont de
Electric
Bond
Electrical
Emsco
Exeter
Share
&
Products
Derrick
&
FAR
Liquidating
Farmers and
Power
&
4%
Jan
Jan
4%
Feb
Tidewater
Transamerica
Jan
Jan
4%
•780
•|4% Jan
4%
675
10%
Jan
1,060
,6%
Jan
150
Jan
■
Feb
7V«
Jan
"5)5%
Jan
59%
Jan
50
12%
Jan
14
Jan
181
20%
Jan
a7%
9Va
120
6%
Feb
7%
Jan
7%
Jan
9 V.
Feb
72 %
Jan
74 V.
Feb
17%
Feb
19 Va
Jan
69
-
385
63%
Feb
18%
433
18
13
40c
3,300
al.00
60
306
307
36
9%
9%
368
173
39c
al.00
:
19%
aj_
Feb
Texas
Company (Un)
Sulphur Co
Texas
Corporation
General
Electric
Jan
37c
Jan
46c
1Jan
302
9%
a_L.
Jan
IV.
Jan
307
Feb
Jan
Feb
9%
.
Feb
Truax-Traer
Twentieth
Union
Motors
General
Public
Goodrich
Corp
Utll
(D F)
350
15%
Jan
46
47
1,737
42 Va
Jan
•
47
a49%
10
76%
(Un)
5
Corp
•
common
a48'/a
(Un)
Northern Co preferred
(Un)
—3
•
5
Corp
Development
Hudson Motor Car
Hunt
Foods.
Hupp
Interccast
Iron
International
lnt'1
*
Corp
new
of
Corp
Los
McKesson
Menasco
Union Oil
Union
(Uni_
North
•
.
•
American
Oils
Northrop
Aircraft
Oceanic
Edison
Ohio
Oil
Pacific
(Un)
5%%
5%
Pacific
Public Service Co
Packard
Corp
Motor Car
American
Paramount
Pure
Co
Oil
Co
Oil
For
5,325
40
a
26%
"444
85c
41%
7,963
70c
500
Aircraft
United
Air
19%
United
Gas
United
Gas
footnotes
Universal
Warner Bros
3*
—I*
Feb
11%
Jan
13
230
Feb
50 Va
Jan
53%
Jan
37%
Jan
a35% a35%
a22 %
'1.
25
'
75
33%
Union
10
21
Jan
62%
23%
Feb
1,144
61
Jan
64%
Jan
42%
Jan
44 V.
62V4
42%
42%
337
67
—-
67Va
351
67 Va
Jan
69%
Feb
a22
190
21%
Jan
22 Va
27%
28%
Jan
500
26%
Jan
11%
12%
1,669
29%
Feb
10%
Jan
20%
12%
Feb
20%
150
19%
Jan
21
Feb
a36% a36%
140
36%
Jan
36%
Jan
'61%
Jan
11%
■; ^
a61 V,
a60% a61%
225
60 Va
Feb
a72 '/a
a.72Ve a72%
175
71%
Jan
72
945
23
Jan
24 Va
4,152
14%
Jan
Feb
19%
17%
193
lb^a
Jan
19%
Jan
a9%
150
8%
Jan
9%
Jan
23%
23%
24
17 V,
17
17%
19%
9%
5
a9%
a
West
12% al2%
52
Jan
11
Jan
a23% a23%
462
22
Feb
a43%
25%
Jan
a42% a43%
194
42%
Jan
25%
44%
Jan
—50
a87Va
a
25%
2,028
__10
25%
Feb"
27%
Jan
140
85
Feb
85
Feb
a26% a27%
160
26 V.
Jan
27 Va
16%
(F
Gold
Inc
16%
525
14%
Jan
16%
Feb
a3%
126
3%
Jan
3%
Jan
17%
17%
306
17%
Feb
19
Jan
20 Va
20 Va
245
20Va
Feb
23
Jan
20 Va
20 Va
200
20 Va
Feb
21V4
Feb
a43% a43%
50
38%
Jan
41
Jan
>
'
__
•'
30%
1—1
30
30%
2,416
25%
Jan
30%
Feb
45
46
785
40%
Feb
46
Feb
700
13%
Feb
16 Va
Jan
.
46
(Un)
8
-
W)
14 '/a
(Un)
Co
14%
9 Va
;9%
*a21
890
Jan
9%
112
21 y4
Jan
22%
Jan
32%
a21
(Un)
14 Va
34%
1,915
30%
Jan
34%
Feb
80
i
1
9%
,•
12.80
(Un)
a20%
a21% a21%
1
Co
34%
4
....1
(Un)
Mining
6%
10
Co
a497/a
__
10c
_
3%c
—
'
7
8
a—
Amer
Tel
&
Tel
2%s
deb
1957—
110
SO.
LA SALLE
430
5%
a50
110
49%
Feb
49%
Feb
3%c
3,000
2%c
Jan
3 %c
Feb
109%
110
$1,100
>109%
Feb
ST.
CHICAGO
Telephone
41%
1%
6pc
8
1.40
29
18 Va
12c
21%.
7%
Abbott
Jan
85c
Feb
Acme
Feb
41%
Laboratories
Steel
Co
_
Jan
2
Jan
Jan
Aetna
Feb
Ball
&
Roller
3,
ILL.
CLAIRE
18%
Feb
American
Jan
American
Rad
Tel
Jan
1,000
13 V.
Feb
American
12c
11c
Jan
14c
2,735
Jan
Anaconda
12%t
10%
Jan
500
12%
Feb
Armco
21%
18%
Jan
Feb
Armour
47
200
21%
41
Feb
47V.
Feb
Asbestos
lf7%
Jan
21%
Feb
6%
Jan
7%
Feb
200
270 ;
25%
6 V.
Low
High
52%
450
50
Feb
54%
183
19%
Jan
21%
Jan
7,200
17%
Jan
26
Feb
500
5%
Jan
100
.
Jan
20%
23%
26
6
6%
7 Va
•
35c
Feb
Jan
1.90
Feb
31% Jan
34%
&
7%
6%
3%
3%
500
3%
33 Va
1,000
26%
7%
Jan
1
8
Jan
Jan
4
Feb
32%
6%
Jan
&
Tel
Copper
Steel Co
&
II
Jan
4
11%
Feb
11%
11%
6,800
9%
Jan
11%
Feb
21%
22
125
21%
Feb
22%
Jan
14 Va
14%
510
13%
Jan
15
149% 150%
150'/a
Co
100
(Un)
150 Va
(Un)
*
30%
10
146%
Jan
30%
878
28%
Jan
31
Jan
Feb
9
.
1
30%
550
27%
Jan
30%
9%
2,300
7%
Jan
9%
350
4
Jan
1%
4
Feb
9
IV.
8
Co
Feb
1,600
29 V?
30 Va
50
Co (111)
Mfg
1
34%
(Un)—•
_
San
Mining
33%
1
.
(111)
Stand
iyB
Jan
103%
Feb
107
Jan
6
4
Feb
'4%
Feb
1%
.
Jan
,
Atch
Topeka & Santa
Products Corp
Automatic Washer
Fe
_100
(Un)
Athey
104% 104%
~5%
4
3
65
'
5V4
5%
300
2
2 Va
150
1%
Jan
2%
Jan
7 V.
7%
6,300
5%
Jan
7%
Feb
I
•
Feb
27
Avco
Mfg
Corp
—3
Feb
28%
Jan
Belden
;.20%Jan
32%.Feb
Feb
Bendix
Aviation
Jan
Berghoff Brewing
35
Jan
34%
Bastian-Blessing Co
32%
167
36%
Feb
32Va
Jan
495
32%
Feb
20
Jan
a53
319
28%
Feb
52
Feb
*
24%
4%
24 Vi
24 V*
200
54%
24
Feb
4
4%
2,650
24V4
Feb
4
Jan
10 Va
610
4%
Jan
Brach
9
Jan
IOV4
Feb
Brown
Jan
& Sons
Shoe
500
18%
Feb
17%
17%
862
20 Va
Jan
Burd
16%
Jan
11%
11%
17%
Jan
1,050
Burkhart
8%
Jan
a48% a49%
11%
Feb
125
48%
Eurton-Dixie
Feb
a34% a34%
50 %
Jan
195
Butler
33%
Jan
36%
Jan
Canadian
Bros
Pacific
110
26%
Feb
29
15%
Jan
1,825
12%
Carr-Consol Biscuit
Jan
15%
Feb
Castle
4%
5
1 025
4V4
Feb
5%
Jan
26%
450
Centlivre
23%
Jan
26%
Feb
14Vi
15%
4.015
Central
11V4
Jan
15%
Feb
Central
Co
_
(A M)___
Brewing
& South
Jan
37%
.
Feb
11%
Jan
13%
Feb
35%
Jan
42%
Feb
4%
Jan
SV2
Feb
6 %
1,200
33 Va
33%
1,175
12%
300
12
Jan
12%
Feb
14%
150
14
Feb
14%
Feb
30%
Jan
34
Feb
12%
12%
200
12%
Feb
14
Jan
56 V4
57%
451
55%
Feb
59%
Jan
56%
57
100
52
Jan
57
Feb
37%
37%
60
37%
Feb
40
7%
500
7%
Feb
7%
1
:
8
31V,
32
:
8%
Jan
Jan
200
29
Jan
34
Feb
16%
Jan
19%
Feb
Jan
11%
Jan
19%
19%
100
10%
10%
10%
536
25
15%
15%
195
14%
Jan
15%
Feb
1
_
19 %
10
(Un)
a27
15
26%
33 y4
350
700
12%
a26%
14%
12%
57
lis
Corp
15%
26%
«
250
13%
12
8
common
a26%
1
10 4
__
37
42
14%
33 %
12
common
•
•
m
i40%
5%
6
2%
Manufacturing
•
&
41% '
1
Inc
Ring
(F)
13%
8
(E J)__
Co
Piston
36%
37
H—io
Corp
Bethlehem Steel Corp
(Un)
Binks Manufacturing Co
Bliss & Laughlin Inc
Eorg (George W) Corp
Borg-Warner Corp
28%
V.
7%
t
Mfg Co
22%
32%
19
Range Since January 1
High
50
1
Investment
24 Va
Jan
51
1
(Un)
9%
Feb
1.40
Low
,
Jan
20c
Shares
•
5%
265
for Week
5
Castings
Bearing
(Un)
11%
21 Va
Sales
Range
19%
Laboratories
22%
"
Week's
5
_
.
Admiral Corp
Advanced Aluminum
90c
28%
__
EAU
of Trices
__
Feb
a52%
50c
LaCROSSE
Par
Feb
a52%
—
Feb
6-0780
Last
Feb
20
*
19
MADISON
Jan
26%
825
146
•
110
Chicago Board of Trade
Friday
180
32,150
19
Exchange
STOCKS
450
13
1.90
10
Stock
Feb
9%
1.60
—
Central
Sale Price
Jan
22%.
1.85
11%
Feb
Midwest Stock Exchange
Feb
Jan
Jan
9%
22%
12%
a34%'" a34% a34%
1
7
MIDWESTERN LISTED AND UNLISTED SECURITIES
American Airlines
500
50
Jan
Members:
Midwest
Alleghany Corp
...J 2J.
r; 45%
__
a__
DAYTON fit GERNON
105
Allied
r'4,900
(Un)__2%
Feb
BONDS
Feb
30c
•
Feb
15%
a3%
1
—1
(Un).
26 Va
10%
a86%a87Va
5
Willys-Overland Motors Inc (Un)
Feb
21%
—
Jan
a23 %
(Un)
Kentucky Coal Co
19%
,7%
.__25
•
Jan
•
Inc
Westinghouse Elec Corp
58%
-)
Feb
66%
a21%
'
I—*•'
—.25
Theatres
Tel
Feb
12V8
—
'
'
Z—i
—10
Lines
Jan
12%
—
Feb
a22% a22%
62%
_
(Un).
Pictures
Air
Western
Jan
—
-25
35
1,520
(Un)_*
_
Consolidated Oil Co
17%
543
38.
Jan
13
2G Va
17
28c
25
page
34%
12%
20 Va
54 Vt
30c
33%c
see
128
a53 Va a54%
-
1
160
1,953
Co
100
35
13
.
(Un)
(Del)
Paramount
129
36%
(Un)
28%
35
•
Certificates of interest in com__
1
United States Rubber Co (Un)
—10
•
United States
Steel Corp
531
36%
(Un)
Jan
(Un)_
Corp
Corp
19%
36%
(Un)
28%
Alr_
(Un)
Inc
United Corporation
al7% al7%
27
(Un)
Jan
28%
—
s
com
Corp
Lines
a56% a57%
33%
(Un)
72%c
100
1%
70c
22%
pfd—^
24%' Jan
11% Jan
1,112
1%
__
v.-
7% Jan
1.20 Jan
24 Vi Jan
17 Va Feb
360
18
27
(Un)
of America
&
29
17%
17%
33%
Republic Pictures Corp (Un)
Republic Steel Corp (Un)
Reserve
200
22%
(Un)
Incorporated
Radio Corp
1.30
27
(Un)
Inc
RR Co
Phelps Dodge Corp
Pullman
80
22%
common
Airways Corp
Pictures
Pennsylvania
Pepsi-Cola Co
a7%
33%
preferred
Lighting
Pan
54%
47 Va
85c
—
„•
Jan
Jan
Jan
10
preferred——-redeemable
28%
Feb
Jan
16%
51
45%
——25
Pacific
Feb
Jan
51
195
920
7'%
•
preferred
30 Va
Feb
_25
common-
Jan
Jan
7%
17%
1.;
a
Corp of Calif
Pacific Gas & Elec
6%
13V.
41%
a56%
.
1
1
Company
Jan
Jan
17%
19%
.
(Un)_100
1
Co
Finance
9%
4%
1
Oil Co
Ohio
Feb
29%
_
MINNEAPOLIS
625
26%
--
_10
Corp__—
Calif
Pacific RR Co
United
Feb
13,796
1%
(Un)__I
Inc^
Petroleum
27 Va
424
Jan
46 %
27%
a
'12c
Northern Pacific Railway Co
Occidental
of
a__
IV2
41%
.
14%
29
'
13%
1.30
13
rJ.__
Feb
a7%
—
________1
Cons
Jan
a_:_
46%
17%
•
North American Co (Un)__—_____10
North
,
1
13 Va
27%
al8% al8%
—
5
Inc
Co
Jan
a53% a54%
—
•
(Un)
2.30
175
28%
1
Jan
220
__
a
2.10
14%
__
1
Ltd.:
35%
Jan
•
_
Carbon
Feb
12%
6%
__
1
Corporation
Jan
Jan
26%
A
Feb
27%
46'A
.___1
American Aviation
15%
34 Va
260
1
Co
&
Feb
2%
10%
27%
al8%
20
(Un)
11%
Jan
Jan
a36% a36%
__
•
(Un%_____18
Jan
2V»
9%
100
6%
5
Co
9Vt
510
1,920
2,400
__
•
—
545
2%
2.25
—
_l
Distillers Prod Corp
(Un)
1,842
27 Va
30 Va
Ilio
Western
Jan
10%
2.15
14%
a36%
7
Inc
&
Coal
Jan
9%
2.20
*
York Central RR
Nordon
'
11%
112%
2%
10%
•
Corp (Un)
National City Lines Inc
National
Jan
Feb
11%
Nash-Kelvinator
New
10%
104
10%
__
—1
—100
Co
35 V»
27 Va
Jan
Inc
Ward &
10
495
15%
Middle South Utilities
Montgomery
481
Feb
(Un)
Petroleum
105
13%
;
Co
Mfg
Merchants
35 Va
30 Va
•
Jan
Corp___L_.
Robbins
35 V,
Jan
Company
&
Feb
—2b
Feb
1.85
Angeles Biltmore Hotel Co
Mascot Oil
Jan
14 "/a
Feb
2%
12%
(Un)
(Un)
17
315
(Un)
Co
42 % Jan
Feb
—_____—1
Magnavox Company
■■V".
105
all% all%
48%
Feb
•
Aircraft
Jan
1.55
5
Inc
Jan
11%
Power & Light Co
(Un)
Copper Corp (Un)
County Land Co
coew's
Jan
1%
42%
40
11
300
Kennecott
Lockheed
44%
260
500
(Un)
Co
14%
a__
1.70
Kansas
Petroleum
191
___
13%
Kern
Lincoln
a__
1.65
(Unl__—7.50
..
Llbby McNeil & Libby
10
Jan
13%
10
Can
com
14 Va
Feb
11
__
33%c
Co
International Tel & Teleg Corp
Kaiser-Frazer
18
1.65
Corp
(Un)
Nickel
Paper Co
Jan
13%
—
Exploration
Jan
Jan
14%
Feb
16 %
1
Inc.
Petroleum
Interlake
78
12.o0
6.66%
Co
Company—
Corporation
Independent
49%
Jan
2%
105
Hilton
Holly
Jan
69 %
772
2%
11
Hotels
49 %
1,519
18
a42% a42%
__
Oil
Century-Fox Film
Feb
1U5
76%
a47% a48%
__
(Un)
22c
24
Feb
Feb
18
a81% a81%
Hancock Oil Co of Calif A
i
a49 a49%
19 V4
75%
—
Company
Graham-Paige Motors Corp
Greyhound
19 %
46%
lUnj
common
Corp
Goodyear Tire & Rubber Co
Great
19
•
General Foods Corporation
General
Jan
Jan
*
—
(Un)
Corporation
Carbide
Woolworth
a—
19 %
(Un)
Assoc
Western
a-
2
Co
37 V.
Jan
25
Gulf
Zenda
Garrett
Jan
Feb
Jan
13%
Jan
50
63%
Jan
452
13%
a
Feb
200
13'/4
13%
%;■,
__
32%
950
v
63%
13%
a
—
t
14
;
12%
18%
Corp
Jan
30
26%
al7%> al8%
—
1
1.05
Jan
Feb
a21 Va a21%
A
30%
27%
7
13%
73
35
16
—28
Jan
14
5
Jan
135
20c
—25
Transcontinental
21%
63%
67
35V4
22
Trl-Continental Corp (Un)
Feb
63%
Jan
1,525
—1
Jan
370
8%
43%
1,375
_
(Un)
12%
1,095
a74Va a77%
54
1,000
(Un)
Jan
13%
—
70%
16%
—25
(Un)
17 Va
30
a
(Un)_
Jan
.22
12%
(Ind)
15%
80c
a
Jan
Feb
Jan
76%
30
\
Calif
preferred class B
Company (Un)
67%
;4
900
'
4 % %
Jan
Jan
4%.
51
Feb
22%
a53%
Sunray Oil Corp common
Swift &
Feb
Feb
90c
of
Webster
Jan
21%.
__
.
4
,
Light Co
4
30%
Merchants Nat'l Bank_100
Stores Ltd class A
1
Fitzsimmons
Florida
r
5
Corp
Ltd
20
a7%
„
,
Equip Co common__5 1
Oil Company
1,540
15%
Co
63 Va
1-1%
9Vo
•
Co
4%
Oil
67%
'
a32 Va a32%
,x
(Un)—•
Co
111
;V.i
;
.
50o
Nemours &
250
6%
1
Inc
200
a56% a57%
Zellerbach Corporation (Un)-_5
Curtis Publishing Company (Un)
•
Dresser
Feb
75
*,
Crown
Curtiss-Wrlght Corp common
Douglas Aircraft Co Inc
Jan
17%
4%
80c
Feb
35%
Jan
110
".■.13%
1
15%
Jan
15%
11%
21%
—5
Inc
Jan
33
200
4%
'
Aircraft ,(Un)—1
14%
385
64%
11%.
Feb
Jan
41 »/4
a20c
fi
Studebaker Corporation
270
68%
a
21%
51
717
16
Company
235
;
_»
Motors Corp (Un»
Oil Co (Del)
<Un)_
Pacific
(N J)
15
a35 a35,%
f17%17%
Feb
Jan
180
42%
22 Va
pfd class A __25
.17%
Standard Oil Co
15
Feb
33%
a20c
—
—25
31%
Standard Oil Co
13%
Feb
42%
—25
Feb
15%
com.
preferred
Jan
'
' it
4.88%
Southern Calif Gas 6%
Southern Co
8V«
a
31 Vi
'
56 Vi
t:.
19
a48Vaa48Va
25
Feb
a
1,951
Jan
16%
preferred
Jan
a64
262
20%
Jan
9
22 V4
•
150
68%
__
t
4.48%
7%
?
1
423
V
7%
4 %
32%
20%
Feb
Ilia
(Un)
2,140
.
,
a31% a31 %
.,
•
36 Va
'
56%
-
$
11:.
it
Jan
8
Jan
I
1,000
..
Calif
_
Feb
i
Engineering Corp
Consolidated Liquidating Corp__i
Consolidated
•
•
—
_
Feb
.
__
(Un)._____25
Consolidated
Continental
4Ve
Co
5
—
1
■
•
Commonwealth
a64%
Aircraft
50
a35
1
of
40
v.Cf—
2a
Co
100
,
10
;
Colorado Fuel & Iron Corp com
Columbia Gas Svstem
<Un>
'<
/
Petroleum
Oil Corp
Socony-Vacuum Oil Co Inc
3,450
13%
1
Cities
30 Va
280
a48Va
Sinclair
Feb
40
5%
7%
;v.)—
1
555
8
Jan
323
•
1%
—
—10
.*___
35 Va
'
8%
>
Tractor Co
Products Corp—
35 Va
6'/a
42%
a51% a51%
a56% a57%
—.
—.
a57%
(Un)_
Co
13%
-
620
33 %
8Va
,
...
Aircraft Company..
cnrysler Corp
Jan
Jan
70
(Del)
of
&
Jan
3%
100
300
■
33%
i_
—
...—15
Certain-teed
5Va
Feb
42
35 Vi'
Co
Roebuck
Jan
10%
23,840
11%
a40% a41%
33%
Cessna
1,000
32%
Co
Jan
,11
600
109
Aeronautical Co
Jan
'
5%
130
11%
4%
25
5%
Shell Oil Co
23%
.
,10%
—
5%
Security Company
3
(Un)
(Un)__.
Feb
20%
13%
149% 150%
1
Canadian Pacific Ry Co
Jan
8
Safeway Stores Inc
St Regis Paper Co (Un)
Schenley industries (Un)
10%
(Un)
49c
37%
35 Va
Feb
—
s
52 %c
367
1,667
5%
Feb
a29% a30%
5
21 Va
39 V»
Ryan
11%
19%
19%
a46% a50%
—_
6%
Jan
38%
Jan
34%
46%
Chica Oil Corp
Feb
20 Va
39
common
Jan
_10
L
5%
22
50c
4
v
1
Corp
Jan
23%>-
(Un)——
Borden Company (Un)„_
Budd
Feb
Oil
High
104
50c
Jan
9%
5
_
Oorp__—
Borg-Wamer Corp (Un)
Broadway Dept 8tore_
3%
Richfield
Low
5%
—
3 V4
y
Range Since January 1
High
a20V4 a20V.
—
Co
31%
5
_
(Un)
Corp
Feb
Oil
385
Benguet Consol Mining Co (Un)__i_50c
>
3
Ranch
1,925
20o
Aviation Corp
200
•
Rice
34%
11%
—i—l"
..u,
Corp common
(Un)_—
Oil Co
Bendix
3
High
14%
3
Barnsdall Oil Co
'
Shares
5%
11%
5
—
for Week
Manufacturing Co
.14%
(Un)_30
(Un)
Manufacturing Corp
Low
Rheem
220
Baldwin Locomotive Works (Un>_.
13
Baltimore & Ohio Railroad Co (Un)_100
'
Range Since January 1
34%
150%
Atch Topeka & Santa Fe Ry (Un)__100
Atlantic Refining Co (Un%___
25
Sales
Range
of Prices
Inc
400
10
(111)
Shares
Drug
3%
__
•
Co
Week's
Last
Low
Rexali
High
3
V
100
Co* (Un)
Anaconda
Friday
gale Price
STOCKS
3%
__1
(Un>—•
(Un)
.
>4
341/2
(Un)___
Co
FEBRUARY
3%
i«n.
Ban
Tel
'3
1
Mig Uo
Airlines Inc
American
Amer
Low
10
Alleghany Corp (Un)_
AlUs-Chaimers
'
Co
-of Prices
31
EXCHANGES
ENDED
for Week
Sale Price
Alaska
WEEK
(875)
Sales
Last
Par
<
FOR
CHRONICLE
Angeles Stock Exchange
STOCKS
!
FINANCIAL
STOCK
RANGE
Los
&
3 V.
3%
300
3ya
Jan
3%
Jan
23%
1,000
-10
_
23%
23%
23%
Feb
3%
100
3%
Jan
—5
15%
15
15%
3,500
14%
Jan
15%
Feb
37
37 Va
56
35%
Jan
38%
Feb
Corp
West Corp
9%
3%
_
Illinois Light common
_
•
—
25%
4
Feb
Jan
'
r
i'
r
32
& FINANCIAL CHRONICLE
THE, COMMERCIAL
(876)
OTHER STOCK EXCHANGES
RANGE
for Week
Shares
Low
Par
Electric
Century
1
'
Chicago Mil St Paul & Pac vtc
Chicago R I & Pac Ry common
_
Co
Service
Cities
Iron
Cliffs
$4.50 preferred
(The) Co Inc
Coleman
Commonwealth
Pont
I)
(E
__
31%
—.
28%
9%
28%
—
s
80
Simons
Dock
&
1
—
*
5
10
1
10
5
1
*
General Public Utilities
Refrigerator
Co
—
Razor
Safety
30%
(Un)_—
Goldblatt Bros
111
—
Goodyear Tire & Rubber Co
Gossard Co
(W H)——T
Graham-Paige Motors (Un).
*
__
Drug Stores
Lakes Dredge & Dock-
*
—
•
15
100
2
1
__
Gray
Lakes
Great
Towing
•
1
common
Western
Griesedieck
Brewery
Instrument Co
Hammond
Harnischfeger
Brewing Co
(G)
Werner
Hupp
Corp
pfd
Huttig Sash & Door 5%
'
'■■■'
Brick
Indianapolis
& Light
Corp (Un)__
Katz
Laclede-Christy
(Un)
Field
•
—*
Portland
*
class B—
(Arthur G)
Brick
Mickelberry's
Food
1
Products—
5
•
Corp
& Supply
Midwest Piping
Feb
42%
Jan
45
-25
66%
6 7'A
627
66'A
Jan
69%
„10
25%
25%
787
25%
Jan
27 V.
Feb
19
19 %
100
18%
Jan
19%
Jan
11%
11'A
50
11 Va
Jan
12'A
Feb
16'A
16%
12%
Jan
18%
Feb
7ya
Jan
8 Vs
Jan
Jan
16%
Jan
Spiegel Inc
186
43%
Jan
33%
Jan-
363A
Feb
Standard
200
20%
Jan
21%
Feb
Standard
Oil
2,200
ll3/)
Feb
12%
Jan
Standard
Steel
5,100
29%
Jan
31%
Feb
Sterling
910
6 Va
Jan
7V8
Jan
Stewart-Warner
277
27%
Jan
Jan
Stone
Storkline
30
91/4
Feb
8V4
Jan
Studebaker
Missouri
Manufacturing
Monroe
Chemical
Jan
Sundstrand
National
601/4
Feb
64V2
Feb
Swift
64%
900
61
Jan
30%
80
21%'
80
293A
Jan
30%
Jan
150
79%
Jan
90
Jan
Jan
Jan
10 Va
Feb
11
Jan
Union
Ctfs
120
North
Illinois
Northern
Northwest
Co
Jan
10%
Jan
United
Air
Jan
49%
Feb
United
Corp
Jan
15%
Feb
Mfg Co—
Ohio Edison Co!
2,000
41%
Jan
46%
Feb
Oil Co
Ohio
48%
12%
2%
10%
68'A
Jan
78 Va
Feb
U
S
756
16%
Jan
181/4
Feb
U
S
Pan
Pictures
Paramount
5%
Peoples Gas
Co
Potter
Pressed
$4.64
Oil
Pure
Radio
Co
Rath
Dorn
Rexall
Drug
Richman
St
Louis
St
Louis
•
(Un)
div
—
15%
3%
3%
41%
Feb
20 Va
Feb
23 V.
Jan
19%
19%
20%
329
19%
Feb
23 Va
Jan
119% 119 31
50
119%
Feb
119%
Feb
30 %
7,900
25%
Jan
30%
Feb
150
6%
Jan
7 Va
Jan
20
——
30
30%
6%
Works
Jan
Feb
Feb
19
Feb
16% Jan
14%
Feb
15
12
Feb
Jan
Jan
11%
1.250
11%
14%
14%
100
A14%
Feb
16
Jan
11
11
200
10%
Feb
14%
Jan
79 Va
195
73%
Jan
80
Feb
933/4
5
933'4
$3,000
93 %
Feb
93%
Feb
Youngstown Sheet & Tube
Jan
27
34%
15
50
2,200,
77%
Feb
11V.
16
3IV4
Jan
20
15
11%
Feb
Jan
30%
15
.
n
2
Jan
Jan
34%
*
15
—
10%
Jan
•
16
Banksharea
14%
11%
7
32%
34%
common—.
150
25
Jan
4
Jan
100
—1
550
26 Va
Jan
38 Va
20 Va
Woodall
550
3%
400
20 Va
Yates-American Machine capital—
5uq
420
20%
Wisconsin
2%
3%
1
Feb
Jan
1,200
Feb
41
Feb
1%
Jan
16%
49 Va
40%
13%
1,340
45%
Jan
,
41
com-.
—
Industries
Feb
13%
60
44
7
interest
Inc
50%
42%
50
'42%
•16%
1
(Un)—
"
Jan
Jan
1,700
16%
50
44
—10
48%
Jan
12 Va
BONDS
Jan
30
50
22'A
Jan
24
21%
Jan
26
Feb
7V2
Jan
2G0
1%
Jan
2%
Authority 3%s—1978
Transit
Feb
6%
Chicago
Jan
100
800
Jan
104
125
3
Jan
23
Jan
10%
Philadelphia-Baltimore Stock Exchange
3V2
Feb
Jan
123/8
Feb
34%
Jan
39
Jan
14
Jan
15
Jan
'
STOCKS
•V;'f(-1
■'
•
fi *
1
•
,
:'1~
•'
■
Tel
American
Transit
Baltimore
Feb
49%
39V»
Jan
50
32%
Jan
33
Jan
86/
26%
Jan
28%
Jan
41
Feb
46%
Jan
Davison
7%
Jan
Delaware
Feb
Feb
Jan
10
Co
Chemical
Corp
&
Power
Light
Eastern
Jan
16%
Feb
Electric
Storage
Jan
141/2
Feb
General
Motors
25
93i
Jan
12%
Jan
950
2%
Jan
2%
Feb
300
7%
Jan
Martin
6%
85
13 "a
Jan
14Va
Feb
National
2.000
6%
Feb
73/a
Jan
Pennroad
11%
500
10%
Jan
113/4
Feb
16%
200
14
Jan
16%
Feb
500
73/a
Jan
8
20
46 %
7%
20
46%
100
193/4
Jan
203A Jan
100
44
Feb
54
Jan
26%
80O
23%
Jan
27%
Feb
Jan
Feb
31
Jan
5IV2
23
28 %
50
49 %
200
6
Jan
150
9%
Jan
11%
Feb
1,050
2%
Jan
2%
Jan
Jan
25V4
Jan
450
23
Jan
Feb
7
2,200
Jan
6
7
Jan
28%
30
36
Feb
37
54%
Jan
583/4
Feb
200
19'A
Feb
2IV4
12%
700
11 Va
Feb
12%
45
17%
45
Feb
45
16%
Jan
181/2
100
9Va
Jan
103A
28%
300
24%
Jan
28 3/s
12%
13
650
11%
Jan
13%
20%
1,390
18%
Jan
21%
*
•
' V
"28%
8'A
Feb
Jan
15 3/a
Jan
13%
100
12 7a
Jan
13
13%
288
12%
Jan
14
68 Va
Light
Pennsylvania
Water
&
Service El
21%
Jan
24
Jan
22%
23%
709
21%
Jan
23 Va
Feb
20'A
20 %
15
20 Va
Jan
20'A
Feb
38
37%
38 %
104
37 V2
Feb
41%
Jan
76%
.75%
76%
2.013
68'A
Jan
78'A
562
7%
Jan
RVa
Jan
10
Jan
12%
Feb
%
Jan
23 Va
12%
11%
12%
155
'
•'•. %
Feb
10%
11
1.005
18
tit
10
Feb
10%
Jan
ll'A
Jan
23%
23%
24%
1,343
21 3A
Jan
243/a
Feb
17%
17%
17%
1.395
16 V.
Jan
18
Jan
413/a
41%
27
41%
Feb
45%
Feb
•
37%
38
90
36
Jan
39'A
Jan
24%
25%
3.379
23%
Jan
253A
Feb
25%
26%
924
24%
Jan
26%
Feb
38'%
37'A
38%
613
32%
Jan
40'A
Fbe
*
24'A
24 %
2434
360
24'A
Feb
26%
Feb
*
29%
28%
29%
471
28%
Feb
30'A
Feb
common
21%
22
95
20%
Jan
22%
Jan
70 Va
70 3/i,
129
66 'A
Feb
70%
Feb
12%
12 Va
100
12 Va
Feb
12 'A
Feb
55%
56%
237
55%
Jan
60'A
Jan
\k
Feb
n
Jan
Wtr Serv
50
*
*
*
1
1
13%
10
Improvement
Inc
265
2 6 3/8
Corp
Westmoreland
22%
Jan
24%
Tonopah Mining
Gas
8
10
——
United
Feb
•
•
3
Co
United
6%
common
& Gas
Reading Co
;
Scott Paper common
Scranton-Spring Brock
Oil
62%
337
6%
oO
Power Co
preference
div
Jan
370
7'3 8
64
-*
Electric common
$1 div preference common
Philco Corp
$1.40
Jan
64 Va
Jan
*
1
Philadelphia
Public
2
22
i
Pennsylvania Power & Light
Pennsylvania RR
Pennsylvania Salt Mfg common
Feb
300
Feb
2%
212
6%
—
Jan
21%
13%
Jan
374
2%
10
Corp
Feb
__
&
Power
Jan
27 Va
Jan
13%
64 Va
10
Jan
9%
Feb
11%
12 3/8
56 Va
U
!«'
10
Jan
~3%
3%
466
3%
Jan
28%
28 Va
803
26 %
Jan
28%
Feb
21
21
200
20
Jan
21 Va
Jan
41 Va
Jan
45
Jan
%
4
Feb
900
9%
17'A
Feb
45
17%
Jan
Feb
12
14 3 a
17 Va
13%
*
Battery
Corp
Jan
435
Feb
1.780
16
Feb
36
57%
19 %
com
Coal & Navigation
(Glenn L)
Lehigh
6%
14%
6%
6%
11 %
2%
24
150'A
common———1
Sugar Assoc
13'A
50%
Jan
13%
*
1
13 Va
Curtis Publishing Co
12%
29
Feb
146%
2%
Company
750
6%
33%
2.509
1st
1,250
Jan
Jan
149% 150%
32%
*
common
High
29 5 a
12%
13
preferred———100
*
Chrysler Corp
2%
5%
Budd
Low
33%
365
17
-
I
Range Since January 1
High
Low
149%
•
Locomotive Works—
Feb
8%
100
Tel
Corporation
46%
7%
&
Baldwin
37%
150
Shares
33%
Arundel
475
100
for Week
Par
American Stores
102
Jan
Sales
Range
of Prices
Friday
Feb
25
Week's
Last
Sale Price
Feb
104
Feb
5
56 Vs
19%
__
12
*■
—
17Va
28%
—
21%
9,9
.
20
50
9
BONDS
28 Va
1,150
25%
Jan
28 V2
12%
2,600
10 Va
Jan
13%
Feb
3 4'A
13%
34%
27
27
27%
367
2,245
32
Jan
34%
Feb
26%
Feb
28%
Jan
Natural
Arkansas
preferred
6%
Jan
4%
Jan
Blaw-Knox
Jan
10%
Feb
Clark
*
*
_1
10
•
6%
16%
17%
__
11%
x8%
__
28%
—
26%
15%
—
—
26%
6'A
*
1%
1
5%
—
—
6%
7
16% 16%
17'A 17%
135% 138%
11
11%
8
x8%
8'A
18%
6
Feb
Jan
1
21%
Jan
7
Jan
*
Allegheny Ludlum Steel
9
630
Co
—-—-—.
_
Columbia Gas System
16
Jan
17 V.
Feb
Jan
17%
Jan
Fort
194
127%
Jan
138%
Feb
Harbison
4.700
8%
Jan
11%
Feb
—
Duquesne Brewing
Follansbee Steel Corp
16%
Joy Manufacturing Co
Jan
Jan
x8V4
Feb
—10
*
Co
250
6 3/4
Range
for Week
of Prices
Shares
Low
Pitt Brewing
Walker
25%
*
*
5
10
1
8'A
75
81/2
750
27
Jan
28%
Feb
Mackintosh-Hemphill
50
120
Feb
1201/4
Feb
Mountain
7'A
Supply
Fireproollng Corp
Fuel
600
26%
Feb
30
Jan
National
5,400
12'A
Jan
153A
Feb
Pittsburgh
200
50
1.875
83/a
Jan
9%
Feb
New
28
Feb
Old
$3.50
Jan
26%
Feb
preferred
1,700
5%
Feb
63A
Jan
90
43%
Jan
46 V.
Jan
20
40
Jan
45
4%
convertible
Steel
253A
Feb
Feb
10%
Feb
10%
10
10%
75
10%
Feb
10 3/a' Feb
14%
14%
25
14 y4
Jan
15%
10
1*4
Jan
10
11%
12%
212
113/4
Feb
123A
14
550
113A
Jan
14 3/8
Feb
9
•
Jan
Jan
Jan
12%
12%
12%
37
12
Jan
13
Jan
17%
16%
'17%
746
11%
Jan
17%
Feb
12.5
20%
22V2
22%
33
33
24'A
33
243/a
9%
21
53A
21
5%
Jan
23
Feb
50
31%
Jan
33%
Jan
125
24'A
Feb
263/a
Jan
93/4
Feb
8%
Jan
21 %
493
19%
Jan
5%
400
4%
Jan
6%
Feb1
2
Jan
3%
Jan
9%
80
22 Vv Jan
2%
common
Feb
23%
preferred
Pittsburgh Plate Glass
San Toy Mining
j,
1.200
5
Jan
13%
12%
Brewing Co—
27
$2.50
5
10
High
21%
10%
Jan
28Vt 28%
120
120
26% 27'A
15
15 Va
8%
8%
27
27
26
26%
5%
6Vt
44
45
42
42%
5Va
5%
Low
204
10
143/4
10
Lone Star Gas
253
10%
Refractories com—•
1
24%
Range Since January 1
High
10%
-*
com
Co
L)
(D
Gas
800
150
Sales
Last
Par
4
617
Week's
Friday
Sale Price
STOCKS
1,300
19
$2.500
Pittsburgh Stock Exchange
Jan
13 %
34%
43%
43
1975
Transit Co 4s
Baltimore
Feb
27%
__
Jan
Jan
1,860
38.
Feb
19%
Jan
36
5
25
50
100
33%c
page
34%
Jan
11%
Feb
29%
__
*
see
Jan
18%
44'A
50%
44
For footnotes
29'A
200
100
4%
Schenley Industries (Un)
Cummins
700
19
3uu
10%
Schwitzer
34%
18%
—1
9%
18%
com
32
.12%
28Va
56%
100
•
A
Inc
of
Stores
4'A
Stockyards
Jan
33 %
5
Wieboldt
25%
*
Service
62
Jan
7%
2%
National
12%
Jan
Carbon
<fe
Iron
16%
Co
Public
Jan
59%
15
7%
8%
(Un)
Bros
9%
471
Jan
29%
,
1.000
14%
42%
10Va
2%
24
12%
61 %
100
7%
8%
16
13%
11 %
2%
6%
14%
6%
11%
11%
60%
2
Air.
Western
without
Motor
,
12'A
common
4%
(Un)
Jan
36%
60%
Co—
42%
—
_*
1
Republic Steel Corp
Jan
Electric Corp
Jan
Packing
37%
White
150
(Un)
Jan/.,
Westinghouse
Feb
of America (Un)
Radio-Keith-Orpheum
(Un)
34
Van
24%
Corp
730
Feb'
Jan
com
Feb
37'A
37
Ltd—
Feb
22 Va
1
(Ind)
123A
Feb
100
1
Corp
Jan
lOVa
24%
preferred
conv
10%
30%
24
Car
Steel
Service
Public
1,400
38%
24 %
(The)
12%
xl2
xl2
Jan
t'-V
16%
14%
11%
2%
Steel
1OV4
18%
Light & Coke
Feb
——
&
Gypsum
•
Pepsi-Cola Co (Un)
11%
•:
25
Lines
(Un)_2%
Pennsylvania RR
Jant
Jan
25
•
preferred—
prior
9
Jan
Feb
*
Peabody Coal Co common
1,850
8
Feb
(Un)
11%
24%
14 V.
(Un)
11%
33%
268
5
2
American World Airways
Feb
11%
790
•
Motor Car
Packard
65%
455
1,050
150
3%
25
Carbide
Certificates
Jan
71/4
Jan
6%
350
19
(Un)_
Co
& Rys Co
United Paramount Theatres
1,353
Jan
—
29%
Jan
United Light
9%
8
Oak
Jan
47.
(The)
143A
100
53A
Jan
—
£6V4
335
-25
Transcontinental
46
Jan
12%
*
*
Corp common
930
64%
(The).
100
Jan
5 V.
17%
Bancorporation
Feb
28%
•
1
deposit
Co.
I/O
10'A
50
Co
American
of
Texas
15%
200
'600
250
(Un)
RR
Tool
Co
10%
10%
5%
10
49%
28 %
10
Central
York
New
16
63%
208 South La Salle St Corp
Jan
9
Machine
International
Trane
20'A
6%
National Standard
•
V
Jan
22
&
Swift
19
——
50
16
27%
Sunray Oil (Un)
14%
(Un)
Cooker
323.
950
8-
16
-
—5
Jan
6%
Corp
Pressure
-
Feb
63%
Corp
54%
1
& Bros—
Nash-Kelvinator
7%
..
•
1
(Un)
388
28
50c
Myers (F E)
r
.
8
:
—10
Feb
*
Jan-
4
14 %
18%
Muter Co
.
1
Jan
6%
A
11%
—5
_
3%
19
common
1
-
34%
14 %
preferred—
Co
Montgomery Ward & Co
Muskegon Mot Spec class
1
Corp
120
10
Modine
-
650
1
Cement-—
Portland
com
Corp
Corp
Sunbeam
—10
1
& Hart vtc common
prior preferred ___L:
Brewing Co
$1
Minneapolis
(Un)
Furniture
36 V4
31 %
47%
38%
33
__
J)
(Ohio)
Spring (Un)
Aluminum Products
Jan
Jan
(N
Container
Sun
Miller
Oil
9%
9%
2
350
311 s
46%
37%
33
—
Jari
Jan
2%
585
Jan
—
Jan
3'A
9%
200
Feb
t>%
10%
530
5%
—
4
»
Jan
2%
31%
—
*
Cement—;
Metropolitan
Jan
17 Va
9%
Jan
—
Jan
5%
17
Jan
43%
Jan
20
46 Va
——
Co
&
Feb
Feb
15%
V
.
>
2%
43A
—
:
<
43 Va
28%
__
300
,16
2,900"
^
Feb
24 y4 Jan
143/4
•V
._25
115
—
Jan-
.
4%
16%
17%
-
17
—
22
100
5
5
'
5
,
16
16%
--15
Jan
12 V8
500
1,100
Standard Oil of Indiana
300
—
i
30%. Feb
Feb
5%
__
;
Feb
'12%
•
Feb
14%
2%
_
Works—
Jan
26 %; Jan
Jan
46
14%
—
Feb
!
Jan
200
16%
7
Lathe
13 %
22 Va
1
Clothes
(Un)-
Brand
97
Feb
ll'A
.
78%
83
13%
'
Vacuum Oil
Bend
13
22'A
13
•
97
a
1.200
153A
37%
—
•
30%
30
30
33%
37%
—
.
50
100
11% xl2
'
.A
Jan
12%
__
4
10
*
;
common
Society
Jan
Jan
11%
42 %
——5
Co
Sessions Co
West
145
33
1
*
*
McNeil & Libby—
Lincoln Printing Co common
Lindsay Light & Chemical
Middle
South
—
Shoe——*
Shinkle
Libby
Medusa
Jan
600
—
>
•
Co
Shoe
Laclede Gas Light
McKee
78%
Corp
Steel
Strapping
Corp
Oil
Socony
Feb
5%
Key Company————————*
Kropp Forge Co common
33%c
La Salle Extension University
5
Marshall
Jan
67%
—
•
Drug Co common
Co
Jan
683/a
172
—
•
:
Harvester
Stephens
&
46
Jan
97
Jan
40
-
Feb
3%
*
Kelley Island Lime & Transport
Kellogg Switchboard common
Leath
Jan
63
1
_«
39%. Feb
400 •;
143/4
24
24
•
Steamship
Lamson &
41%
785
97
High
44 Va
Jan
73%
,
—1
—
International
—
—
Power
International
2%
1
Steel
Johnson
7%
Tool
Products
Industrial Rayon
Interlake
—
10
100
Pneumatic
Steel
Inland
__
■
RR
Central
Indiana
'
.
Co
Independent
Jan
Sinclair
39 %
413/a
1,165:,;
32
15
15 %
27
27
30% 31%
18% 18%
24
24
26
26
7
7 Va
2%
2%
104
104
__
—100
5
50 ;
Hydraulic Press Brick common
$6 preferred
Illinois
2%
—1
Corp
Illinois
Signode
Feb
39%
97
100
_
Jan
48%
12'A
2%
10%
—
10
r——1
3
Corp
Heillman
Hein
Feb
8 3A
46
46%
7%
7%
75% 76%
17% 18 %
8% I 7
37% 38 %
28% 30%
14% 14%
,
46%
7%
76'/a
18%
3%
38 Va
•
Corp—
General Motors
Great
Feb
65Va
7'A
15%
General Finance Corp common
Glidden Co
143/4
Jan
7%
10
48%
Candy class A
General Electric Co (Un)
Gillette
Jan
64 %
39%
class B common.
Prod
600
15%
—
10 Vi
—
Amer
General
Gibson
123/4
50
73/a
preferred
conv
433
—_—5
—
5%
9%
7%35
3%
60%
Brewing
—1%
Transportation—a
—
Auto
Drive
(Peter)
Fox
General
Serrick Corp
Shellmar
Low
42%
150
31%
7%
29%
10%
10%
5%
10
48'/a
Co
FbUr-Wheel
Jan
Connell Dredge
&
Mills of America Inc
Flour
Jan
303A
30%
80
21
__
5
2
Fitz
11%
Feb
Range Since January L
High
42 Vs
of St. Louis-
Co
-
63%
„
Co—I
Manufacturing
Feb
295
11
Low
42%
_
Common
7%
34%
3%
59%
—
Eddy Paper Corp (The)——
Falstaff Brewing Corp
Eaton
Securities Investm't
&
2,100
45%
36'%
21%
12%
8%
__
15
(Un)
Nemours
de
44%
35%
21%
11%
31%
6%
__
Feb
Feb
28
50
Shares
78%
78%
36%
Sears
18Va
Jan
9%
100
1.0UO
Co
Jan
7
Feb
15%
6 HI
for Week
15%
32%
15%
78%
1
Dow Chemical Co
70%
32
15'A
5
A_
64%
69
—
(Un)—5
Corp
Credit Corp class
45%
63%
—
—1
Curtiss-Wright Corp (Un)
Du
8
—
25
1
---25,.
(Un)
Detroit & Cleveland Navigation
Doehler-Jarvis
-
•
Co
Domestic
—
(Un;
System
Edison
Gas
Continental Motors
Crane
—
14
—
*
Illuminating
J.
Inc
Foods
Columbia
10
29%
14V8
65'A
8
45%
1
•
•
1
—5
common
—
Electric
Cleveland
17%
-
'
Clinton
17%
10
28%
13%
65%
Corp—
Products
City
Cleveland
17%
10
28%
10
-■
,
Roebuck
2%
Feb
7
3,900
45
1
Cherry Burrell Corp_,
Chesapeake & Ohio (Un;—;
Chicago Corp common
.Convertible preferred
Chrysler Corp
7
—5
25
1
*
•
*
2%
(Un)
Products
Certain-teed
7
—
2%;
Range
of Prices
Par
High
Low
2 V.
Sales
Week's
Last
Sale Price
STOCKS
Range Since January 1
High
2'A
2'A
10
Co
24
Sales
Range
of Prices
Friday
STOCKS
Central 111 Secur Corp common
FEBRUARY
ENDED
Friday
Week's
East
Sale Price
■'
t
WEEK
FOR
Spring
Jan
Standard
Jan
63/a
Jan
United States Glass com vtc __—1
32%
33
425
31
Jan
34%
Jan
Westinghouse
11
11
150
11
Feb
12-
Jan
Westinghouse Electric
Air
Brake
Corp
3'A
33/a
2.470
66%
66 %
612
50
Jan
68
Feb
*
25
10
38
38%
545
3 2'A
Jan
39
Feb
3 6 3/8
291
35%
Jan
37%
Jan
35%
8C
9c
8c
Feb
11c
Jan
Jan
193A
Jan
Jan
6%
Jan
Feb
Feb
1
8c
1,000
19'A
19'A
20
6 3/8
1
1
6 %
300
H CO
5%
27'A
27%
169
25'/a
Jan
—•
27%
27%
34 %
32%
34 Va
698
30%
Jan
34%
12 Va
♦
Volume 171
Number 4885
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
(877)
-33
OTHER STOCK EXCHANGES
RANGE
FOR
WEEK
FEBRUARY
ENDED
■ft
M
Friday
STOCKS
San Francisco Stock
Friday
Exchange
Week's
Range
for Week
Sale Price
of Prices
Shares
Par
Low
Air Reduction Ct»
(Un)
*
Alaska Juneau Gold
Mining Co
10
American Airlines Inc
(Un)
1
American & Foreign Power
(Un)
*
Amer Power &
Light new com (Un)--*
Amer
Radiator &
American
Tel
American
&
Stan
Tel
San
Viscose
American
Co
Corp
Woolen
&
Atlas
Co
(111)
a68 a68%
8%
205
al04%al05%
a24%
5
a24% a24%
5%
P10
3
(Un)
12%
Case
Celanese
.Central
>
Mil
St
Co
com
of
A
Jan
13 V*
Jan
1
12 Va
1,225
Feb.
-20
class
Jan
12 Va
18%
ll'/a
1.85
34%
a27Va
100
Jan
21%
Feb
133
16
Jan
18
Jan
85
20
76
Jan
85
45 Va
21'A
21
17%
85
-1
_20
10%
47
1,397
40
Jan
48
Feb
21V4
21 %
350
18%
Jan
21%
Feb
11%
Feb
11%
100
11
ll'/a
Jan
1.90
2,050
393
Jan
1.90
Feb
34%
32
Jan
34%
Feb
a26% a27%
120
27
Jan
28 Ve
Jan
Feb
2.65
Feb
1.80
34 5
8
Jan
1.40
-20
—.
2.65
2.65
50
12%
£•
2.65
121/a
4%
13
1,750
111/2
Jan
131/4
210
3%
Jan
4%
Feb
—5
ll'/a
11%
250
—5
5
5
51/4
~2B
..
1
a
Jan
4 Va
41/2
2.50
33i/4
33'/4
33%
36%
7,548
7,898
1,294
36%
_25
a32%
36%
■vi
11% Feb
4% Jan
12 Va
Jan
51/4
Feb
y
32%
Feb
34%
Jan
'£'•
35
Jan
36%
Feb'r
116
31% Jan
32%
29 '/a
Jan
30%
Feb
redeemable
-25
29
29
735
28
Jan
291/4
Feb
29
29 %
320
28
Jan
29 V*
Feb
a52'/a a53%
356
52 y4
Feb
54%
Jan
106 Va
15i/a
Feb
Pacific
15
15%
a45% a45%
__
35
35%
&32% a33%
' Jan
4
470
5%
14% Jan
50
42'%
Jan
1,318
32%
Jan
200
1.65
33 34
33%
276
64%
849
68%
68%
228
a30% a31 Va
64%
50
64 '/it
■
1.005
a81/2
32 V*
800
29%
a&%
——
1.65
27
27
a30%
160
a31
12V2
Feb
42'%
5%
red
Pacific
Jan
331/a
Jan
Jan
30%
Jan
Jan
8%
Feb
31
Jan
Feb
63 Ye
Jan
351/4
66%
68%
Feb
77%
Jan
12%
a31
12%
50
135
a—
Jan
•
1st
Public
532
16%
255
30%
preferred
Tel
&
Tel
a3%
75
3%
Packard
Pan
Motor Co
Paraffine
30
.669
13%
100
13%
14
275
7
7
a56%
150
a56% a56%
10
Jan
10%
Jan
Jan
14
Paramount
Jan
59
12% Jan
14
Jan
Radio
of
Com
32%
32%
1,216
27%
Jan
32%
Feb
35
102V4
Jan
104%
Feb
10
100
Jan
103
Jan
Feb
10
17%
Feb
18%
71/2
Jan
9V'8
Feb
596
11%
Jan
563
ll'/4 Jan
Oil
Jan
10%
Feb
(15%
Feb
21
Jan
1
18%
18%
145
18%
Feb
60
171/4
17%
593
17
Jan
197/b Feb
17% Jan
11
11%
314
8%
Jan
ll'/a
a48'/4 a50%
191
48%
Jan
50%
Jan
58
273
58
Feb
61
Jan
14%
Feb
16%
jan,Ui>i
(Un)
33%•
ll'/a
23
£48 V/
•
*
Riverside
Cement
15
14%
15 Va
a34% a34%
900
a26% a27Vs
86
•
151/4
Roos
Bros,
Sears
Oil
Silver
715
6iya
64
Feb
Sinclair
a47%
104
47% Jan
47%
Jan
10%
10%
10%
12%
5,550
5
a39%
al9
al9
al9
24
A
3V'a
13-1/4
Feb
13
Feb
Jan
4
Jan
San
Stores
Maurico
87
30%
Jan
31%
322
23%
Jan
26 V.
Feb
a381/4 a39%
355
38
Feb
Jan
39
750
19 Vb
Jan
21%
Feb
37%
Feb
421/4
Jan
30%
30%
150
30%
Jan
331/4
Jan
30%
29
29 Ve
80
28
ll'/a
Jan
265
29%
Jan
8c
:
Jan
100
Jan
3
com
34V2
8c
8c
8,400
(Un)_50
40
40
60
*
42%
40
Corp
466
42 Ve
29%
35V2
408
35
Feb
a2%
22 Ve
22%
22%
16'A
16
Feb
12%
Feb
Soundview
18% Jan
191/2
Jan
Southern Calif Edison Co
39
42V2
Jan
16%,
43%
Jan
371/2
Jan
a—
315
*22
Feb
16
Feb
17
Jan.a;'.
30%
695
29%
Jan
31 %
Feb /A
35%
621
341/4
Jan
351/4
Feb
p.27% a27 %
142
26%
Feb
27%
Feb
&30 % a30%
132
29V4
Jan
30
Feb
&28% a28%
40
1
263
Jan
1%
29
227
29
Jan
29%
6%
240
6
Jan
6%
Feb
46%
1,382
4iy4
Jan
46%
Feb
Southern Pacific Co
Feb
Feb
%
Jan
Convertible
Southen
46%
preferred
Gas
Co
4.88%
25
pfd seies A
25
34 se
—8
Cal
13
Co
48%
49%
150
49%
Jan
49%
13%
100
13%
Feb
15
Jan
Sperry Corp
Spiegel Inc
Feb
Spring
2
100
28%
Jan
28%
Jan .'/
34%
72
33%
Jan
351/4
Feb
13
13
1,840
Jan
13
Feb
54
600
50%
Jan
54
Feb
a28 Ve a28V'a
1
common
20
26Va
Jan
28Vs
Feb
Jan
lOV'e
Feb
Feb
32c
Jan
34%
a9%
71 ya
Jan
78
260
ll'/a
Jan
100
16%
Jan
18 '/a
Jan
Standard Brands Inc
»Un)
Standard
Oil
Co
of
Calif
£38% a381/4
21%
21%
10
37%
Feb
37%
Feb
Standard
Oil
Co
(Ind)
23
Jan
25
67
1
28V-4
10
a9%
5
31c
11%
404
91/4
Vh
"v
141/4 Jan
a38%
Valley
Co
•
•
140
21%
Feb
760
12%
Jan
14%
Jan
Standard Oil Co of N J (Un)
Studebaker Corp tUn)
68%
a47% £48%
10
67
Jan
69%
Jan
Super Mold Corp
48
Feb
Swift
&
Texas
Company
68%
a48%
128
44%
Jan
2%
250
1%
Jan
a42% s42%
13
2%
11
10%
11
1,731
a!5% &15%
25
42%
2ya
Feb
43V4
Co
(Un)
25
Feb
Tide
(Un)
Water Associated Oil
Jan
ll'/a
Jan
Transamerica
Jan
16 '/a
Feb
17%
Feb
191/4
Jan
Transcontinental & Western Air
Union Carbide & Carbon (Un)—
Feb
2.75
Feb
Union
Feb
1.75
2
250
120
2.25
1.70
1.75
1,215
1.60
31/4
3'/4
400
50
51%
1,590
49
Jan
53
Jan
13%
United Aircraft Corp (Un)
United Air Lines Inc
13%
355
13%
Feb
151/4
Jan
United
11%
1,042
9%
Corp of Del
Jan
11%
Feb
United
Gas
United
Paramnt
1
1.85
10%
Oil
Union
10%
1.95
2,800
522
21%
Jan
231/4
2,530
61
Jan
64%
Feb
50
42%
Jan
44%
Feb
66 '/a
Jan
69%
Jan
67
67
444
Feb
281/4
730
26 Va
Jan
29%
535
22%
Jan
22%
a37
90
36 Va
Feb
36%
Feb
61
517
59%
Jan
61
31/4
Feb
1.85
Feb
.
3%
2.05
Jan
Co
of
Calif
common
Sugar
Feb
23%
Jan
24
1,277
23
Jan
17
17%
8,473
14%
Jan
17%
Feb
18%
130
18
Jan
19Va
Jan U
a42% a44Ve
323
43
Feb
45
Jan,"
25%
Feb
27'/a
Jan
13V2 Jan
14 V*
Feb
24Ve
"•
a44 Vb
25
25%
25%
al3%
26 Vb
a
1,212
13%
50
;
U
Universal Consolidated
S
Steel
com
Corp common
10%
1,530
•9%
Jan
10%
Feb
120
27%
Feb
29
Jan
888
Utah-Idaho Sugar Co com
9%
Jan
13 V*
Jan
Victor
28
26%
28
372
25%
Jan
28
Feb■1 >
15%
16%
830
13%
Jan
16%
Feb
3%
3%
150
Jan
3%
Jan
17%
17%
100
17% Feb
17%
20%
20%
345
20 Va
Feb
20%
Feb
30%
30%
1,947
261/4
Jan
31
Feb
44% -441/2
100
41
Feb
&46V4
£47
46i/4
Jan
47%
17%
(Un)_l
•
30%
3%
Feb
Jan
1
8.75
•
G %
1
1
4%
Jan
7%
50
7
71/4
400
5
(Un)
a2.85
14
141/4
580
al8V4 al8%
Feb
Weill
&
common
100
115
115
16%
Jan
17
Jan
Wells
Fargo Bank & U T
100
300
300
51 '/a
Jan
54%
Jan
Westates
(Un).^l
95c
95c
120
46%
32
46%
550
451/4
Jan
47
Jan
32
32
35
32
Feb
33 '/a
Jan
14%
14%
240
13%
Jan
14 %
28
900
17.%
165
<Ri
Petroleum
common
115
Feb
3%
Jan
7%
Jan
16
,Jan
131/4
Feb
115
275%
-
Jan
115
Jan
Jan
300
Feb
-90c
.
Jan
1.15
Feb
Jan
Feb
27Vt
Co
44%
Feb
7
7
102
■
2.70 Feb
10
85
&54% a56%
al7%
*
1.40
1
10,045
Pictures
a2.85
18%
•
-•
TV'a
Bros
5
1
Equipment Co
Warner
61/4
10
(Un)
a56%
a
8
10
210
Oil
a
1.401
&31% a31%
&17 V e £18 '/a
Preferred
West
Indies
(Un)
——
Sugar common
Western Air Lines Inc
100
30
117
23i/s
Jan
28
17
(Un)
*
Feb
Western
Feb
18 Va
Jan
Western
1.35
Jan
1.40
Jan
31%
Feb
32'4
Jan
Union Telegraph <Un)
Westinghouse Elec. Corp (Un)
Willys-Overland Motors (Un)
11
Jan
19%
Feb
Wool worth
Dept
(F
Stores
W')
(Un)
a
V- '-I
16%
1
10
Jan
'.
M
It
Corp
Theatres
-
—3
(Un)
12%
a46 %
y v
18%
171/4
5
12%
27%
•
...
e';
Feb
a36%
,
Feb
22%
60%
a37
28
Feb
Corp
2.50
13%
231%
62%
22%
10
com
10%
15
17%
1.70
23
6214
a43% a43%
621/2
28
2.50
1
31c
Feb
.17%
1
31c
23
13%
13
*
-
9%
—
r
53%
——•*
12%
(Un)
;.?4
Feb
6 %
910
27%
Corp
M
Jan
30%
com
1,718
33 Vic
Inc
,
—
24
1,546
■
35 Ve
(Un)—•
Salt Co
.
-8
*
Light
Copper Corp (Un)
County Land Company
y.t'V
Jan
)Un>—•
cumulative preferred
4.32'/c
.23
Convertible preferred 4.48%
25
•
Power &
,t
Jan
9c
.14
18
(Un)
Co
351/4 Fet
Jan
a2%
17 %
(Un)__*
Kennecott
1
Feb
43
Feb
35
a2%
—*
(Un)
Pulp
42 5 a
35
5
13%
1
Kaiser-Frazer Corp
,
rl
'
13
•
Jan
15
iUn)
76%
•
(Un)
.
Jan
26'A
26%
P10
•
Feb /
Jan
Pi
25%
575
76
100
(Un)
Co
)
74
Jan
39
17%
—6%
Lyons-Magnus class B_Macy & Co (R H) common
Feb;
Jan
24%
201/2
12%
•
Leslie
15%
70
121/4
Inc—
Coalition
Oil
13%
:—12l/2
Kern
Jan
10
81
1,563
121/4
34 %
Co
King
Southern
•
com
12%
72
1
Mining
29
•
(Un)
g
151/2
10
Santa Cruz Portland Cem
1
3
Maryland. Mines Corp
Independent Exploration
Jan
20 3 a
(Un)_*
S & W Fine Foods Inc
39
1
—25
Co
•'/.■*<(
.
29%
Jan
38%
*
Corp
a—
271/2
1
•
Inc
a—
15Va
&31% a31%
10
Soeony-Vacuum Oil
—
77
72
261/4
Roebuck & Co
Sheil
common-.
Feb
a27% a27%
*
common
Jan
pfd
-I
Mi
(Un)
class
Co
Feb
(Un)
Jan
4%
Jan
•
Feb
(Un)—
3%
'
58
£26%
Corp
31
Inc
Johns-Manville Corp
9V'4
6,760
4
Feb
975
Richfield
59%
Rubber
Feb-.^f
r
16%
Reynolds Tobacco class B (Un)
Rheem Manufacturing Co
Jan
—
Jan
146
15%
(Un)
Jan
76%
104%
Feb
24
15%
25
Republic Steel Corp
29%
GVe
Feb
Jan
144
•
Preferred
58'/a
10
25%
101
10
common
Railwy Equip & Realty Co Ltd pfd_100
Incorp common
1
76
39
Feb
83
435
Rayonier
100
a48
417
146
1,670
America
a60% £60%
63%
63%
(Un)__10
{
24%
104 104 %
%
—
a30% a20%
60%
63%
Jan
10%
(Un)
300
a
16
—•
(Un)
Pure Oil Co
3%
5
Feb
Corp (Un)
Pictures
3%
*
15
Jan
125
104% 104%
15
514
4
Pennsylvania RR Co
Pepsi Cola Co (Un)
Feb
71%
13
102% 102 V4
al7% al7%
V 1
15%
Jan
13
32%
Jan
9%
Pullman Inc
6% Jan
57
: fi
16
4
Feb
141/4
Jan
Feb
Jan
10Vb
Jan
30
13% Jan
Jan
15
•
Fhillips Petroleum Co
Puget Sound Pulp & Timber (Un)—
Jan-./
27%
103V4
210
(Un)—1
Companies
3%
common
Tel
(Un)
com
American World Airways
3%
V
r
50
15
146
104
.100
—
13
Co_—,
of Canada
TOO
common
Preferred
106
15
15
12% Jan
Feb
Jan
106.
15
common
31%
12% Jan
17
31%
13%
14
10
Co
•
(Un) -10
<'
—
a„
10%
a52%
v
,
;
24
Service
com
21
a—
29%
■
a—
—
a3%
•
non-cum
4
[
Cement
13%
common
Ltd
A_ -25
Corp common
12%
(Un)
-a32% a33 %
Jan
1.80
Feb
7%
1st
Lighting
$4.50 preferred
Jan
35%
»
1.40 Jan
27
313b
—
2'/a
&
.
preferred
preferred series
Pacific Portland
.
„
Feb
466
12%
Idaho
Magnavox
11%
30%
13
Pineapple Co Ltd
Hobbs Battery Co class B
(Un)
Inc
376
21
-28
13V4
Hawaiian
Loew's
13Ve
30 '/a
Feb
2%
Aircraft
;
12%
-25
•
Graham-Paige Motors
Lockheed
i
Jan
17V4
17
-8
1st preferred
11%
Corp Cap——
(R G)
Jan
ll'/a
1st preferred
common- —_5
preferred—
LeTcurneau
7%
Jan
5%
Jan
Gillette Safety Razor Co common—*
Kansas
Jan
10%
5% 7c
10'/2
48 %
&
7%
300
Feb
100
46 y*
International Tel
25
11%
Feb
11%
•
Paint
mtl Nickel
a71/4
16%
11%
•
Car
'
71/4
a
22%
9%
Motors Corp
Oil
Jan
Feb
9
Convertible 2nd preferred
Motor
Jan:
Jan
Jan
—
General
Honolulu
181/4
24%
15V4
36%
(Un)
General
Hudson
(Un)
common
9%
(Un)
com
Hunt Foods
Jan
Jan
Jan
121/4
13%
10
Fisheries
__1
Co
Holly Development
Holly Oil Co (Un)
a7%
-.'4
181/4
36%
22
22%
Feb
(Un) ——*
common
Corp
Stores
220
10
34%
5
Nemoura
(Un)
Bros
1.080
a23
74
a
432
*
Electric Co
Ry
Greyhound Corp
Jan
120
17%
14%
1
& Kleiser com
Northern
17 Vb
17%
100
(Un)
5
Co
&
Feb
Feb
17V4
100
Aggregates
35%
1
common
Gladding McBean
58%
27
17%
•
Electric
&
35%
•
Co
Corp
Jan
a22%
(Un) —10
1st preferred
Safeway
do
Co
Coast
Gas
35%
25
(Un)
Foods
Hale
6%
Jan
Jan
17%
Jan
•
common
General
Gt
Pac
Jan
Jan
(Un)
Amer
Fields
Tire
Feb
49 y8
17
Corp—1.33 V'3
General
V'c
Pacific
27i/a
Jan
9%
Jan
55%
a22%
1
Phelps Dodge Corp (Un)
Liquidating Corp common
Machinery & Chem Corp com__
Goodyear
Jan
Jan
49 Ve
48
A--2Va
Oil Works
State
3.25
24%
48
American
Jan
25
FAR
Golden
Feb
200
Pacific
Feb
10
com
Corp
Co
(Un)
Cap
Co
14
*
Mfg
Kodak
Sugar
45V2
*
:
General Metals
2.90
Feb
2.00
24
1
Cons
United Filters
27%
9%
Feb
261
Jan
1,360
3,082
5 %
.
)
class
Electric Bond & Share Co
Food
Oliver
1.60
950
27
•
(Un)
115
•
B
a56% a57%
26 Va
8
(Un)
Co
654
(Un)
Sys
Corp
Emporium Capwell
Foster
Jan
2ye
34
Co
210
25
(Un)
Curtiss-Wright Corp
Dorado
Feb
Pacific
:
Giorgio Fruit
Jan
-
15
100
preferred
Crucible Steel Co
Eastman
1%
14%
9
common
5%
25
2nd
El
Sugar
2.75
22
a56%
2,410
a22% a22%
•
RR
Zellerbach
Preferred
Oil
Oil
Olaa
2.75
10
Grocers
(E I)
Ohio
Feb
9
9
•
Co
46 Va
America
System
Chemical
Feb
40 V*
27-1/4
^
1
Pont
50 %
Jan
aSiy* a51%
5%
;
5
du
47 %
35%
Feb
75
Oil
15
Creameries of America Inc
Doininguez
130
Oil
Sugar Co Ltd
Edison
45 Va
Consolidated Vultee Aircraft
Continental
Motors
(Un)
Continental Oil Co (Del)
(Un)-
Dow
471/4
Oahu
451/2
25
(Un)
Solvents (Un)
Commonwealth Edison
Common
Ohio
8%
<Un)__-1%
Commercial
Doernbecher
Oceanic
Feb
2.80
Consolidated Coppermines
5
Consolidated Edison Co of N Y
(Un)„•
Di
Feb
Feb
51/2
30% Jan
7% Jan
9
(Un)_J0
Northern Pacific Ry (Un)
7%
•
common
Mining Co_
Ry (Un)
Crown
Feb
Jan
11%
269
Jan
100
American
131/4
9
2%
Consolidated
North
Feb
400
Jan
19c
(Un)
common
Jan
Jan
331/a
25c
Feb
preferred
4 J/2
1%
Jan
15c
North American Investment com
10% Jan
a
(Un)
Eroadcast
Gas
American Co
Feb
11%
1%
21c
2,COO
(Un;
Aviation
*
Class B
Columbia
5%
6,100
17c
•
Jan
150
331/a
*
(Un)
Chrysler Corp
Columbia
870
23c
15c
Corp
27c
Jan
1.95
22c
1
7
165
al4%
common
of
Co
7%
23c
RR
Amercan
.51/2 %
Jan
1.65
(Un)
25
.
Feb
11 Va
Central
North
Jan
104
11%
15%
a—
—
16c
Feb
1,200
27%
—
Ohio
Service
Y
Jan
22c
lUn)
Products
Service
Jan
a—
,
26 Va
1.90
Naiomas Co
N
5 '/a
2V'a
Preferred
Cities
9%
•
25
Feb
14Va
300
High
Jan
10%
1
Fibres
Linen
Jan
Feb
39
Jan
Feb
143 4
23
5 Vo
Ry
Paul
30%
Feb
5%
2,700
471/4
1
Tractor
&
Distillers
11%
a511/4
Co
Eureka
Auto
National
a40% a40%
*
& Co common
Chesapeake
Chi
24
14%
a41% a41%
10
Corp
National
Jan
12%
5
Cap
Corp
Nash-Kelvinator
5
1%
1
(Un)
Packing Corp
Caterpillar
34
70
flu
Morrison-Knudsen Co
Onomea
,
I)
32
Jan
100
Jan
11%
•
Dry Ginger Ale
(J
104
575
26c
5
—
Pacific
Feb
12%
100
5
Hill to Sullivan
Jackson Co
Canadian
5%
7%
7%
13
(Un)
Bunker
Canada
7%
67
25c
15
Ink
Jan
Feb
834
2.50
(Un)
Cement
69%
23%
Jan
Holdings Corp
(Un)
Boeing Airplane Co (Un)
Calaveras
14%
149% Jan
69% Jan
Jan
(Un)
California
100
210
14 Va
Low
25V2
all % all %
—1
(Un)
Monolith Portland Cement pfd
Feb
56
Jan
Jan
29
Blair
Caliiornla
21
Jan
56
146%
34
2
Sugar
233/4
4
13%
75
703
Bishop Oil Co
Calamba
60
2,171
642
Aviation Corp (Un)
5
Benguet Cons Mining Cap
(Un)—_-1
Borden Co
Feb
30%
(Un)
Steel
MJ&M&M Cons
38 '/4
Bendix
Bethlehem
Jan
38
1
Co
11%
3%
Feb
Jan
30
Petroleum
Oil
Jan
2%
North
(Un)
Imperial Diesel Engine
Wedge Mining Co
Avco Mfg
Corp common (Un)
Byron
14914 a 150 V*
23 3
(Un)_100
Barnsdall
9%
150
a543e a54%
a
5
RR
1,746
al4% al4%
al50%
•
Range Since January 1
High
25 Va
__
18
Menasco Mfg Co common
Mindanao Mother Loop Mines
38%
(Un)
Locomotive
Jan
30%
Corp
Ealdwln
3'/a
20%
Low
Jan
Feb
50
Big
Bandini
264
Shares
1
—
3
20
com
Baltimore & Ohio
21
25
National
(Un)
Atlas
Atok
3%
for Week
—5
Matson
Navigation Co
(Un)
McKesson & Robbins Inc (Un)
High
Feb
(Glenn)
Montgomery Ward & Co
•
Topeka & Santa Fe
Atchison
11%
3%
14
(Un)
100
IIV2
•
100
(Un)
Co
Anaconda Copper
Mining
Anglo Calif Natl Bank
Armour
(Un)
(Un)
3
20%
Smelting & Refining (Un)„•
American
Low
22%
Calculating Machine
Martin Co
Range Since January 1
10
3
11%
Marchant
High
a23Ve a23%
„
Sales
Range
of Prices
Par
Sales
Last
stocks
Week's
Last
Sale Price
1
1
9%
50o
*
12%
—1
IV
5%
5%
2,431
5 V'b
Feb
6%
21%
5%
1
21%
115
21%
Feb
21%
Feb
9%
9%
800
8
Jan
9%
Feb
16'A
Feb
161/4
_
17
a2Q% a20Vb
1,500
10
341/4
34%
1,065
7
7
a49% a50'/4
a—
18
Jan
a—
31 Ve
Jan
220
5 %
Feb
305
48%
Jan
34%
7
50%
Feb
Feb
Feb
Mil
34
THE
(878)
& FINANCIAL CHRONICLE
COMMERCIAL
RANGE
FOR
MARKETS
LISTED
CANADIAN
WEEK
Monday, February 27, 1950
ENDED FEBRUARY
24
Friday
Week's
Sales
Last
Range
for Week
Sale Price
of Prices
Shares
STOCKS
Montreal Stock Exchange
Par
Canadian Funds
Friday
Last
Range
of Prices
STOCKS
Sale Price
Abitibi
Power
$1.50
5%
24%
11,041
23%
22%
23 y*
4,395
•
preferred
class
23%
24 y4
24
24%
265
103% 103%
20
*
Paper common
Sugar
24
20
&
Acadia-Atlantic
Low
A
preferred
.100
20 y2
785
20%
Feb
22
Jan
50%
50%
58
50%
Jan
50%
Jan
-100
50%
50%
51%
212
37%
Jan
53
37
35%
37
1,131
34
Jan
37
Jan
Drug & Chemical common —5
8%
8%
360
8%
Jan
9
Feb
5
11
11%
135
10%
Jan
Montreal
21%
High
Jan
Tramways
22%
Jan
Feb
24
103%
Feb
*
Breweries
National
Feb
24%
common
Preferred
-
•
Car Corp.
23 %
Feb
National
Steel
25
Jan
Noranda
Mines
*
9
9
200
9
Jan
14%
14
14%
1,175
13%
Jan
15
Jan
7 7o
»
56
53%
56
1,775
52%
Feb
57%
Jan
Ontario
26%
26%
75
26
Jan
26%
Jan
a46
a46
10
46
Feb
46%
Jan
Light Heat & Power
Page-Hersey Tubes
8
7%
8%
2,685
7
Jan
8%
Feb
Placer
Development
a75
a74
a75
40
75
Jan
Jan
Powell
River
Aluminum
Co
of
Canada
4% pfd
25
preferred—50
Anglo Can Tel Co 4y2%
Ltd common
Argus Corp
4
%%
— —
•
100
preferred
8%
24%
870
26
Jan
Jan
76
Jan
26%
•
26
25%
•
25
26
25%
26
1,230
25
Jan
26
39%
40%
6,'770
39%
Feb
41
Jan
Ogilvle
Power
Price
Bathurst
Bell
Power
&
Paper class A
Telephone
Brazilian
Traction
Preferred
&
British
Columbia
Elec Co
British
Columbia
Forest
British
Columbia
Power
4%%
&
Bros
4%
40,507
19
Jan
21%
3,675
25%
Jan
27%
Jan
Quebec
26 y8
Jan
27%
Jan
Rolland
Paper
100% 100'A
10
Jan
100 y4
Feb
47o
2.90
2,000
Jan
3%
Jan
Feb
St
2.75
A..1*
28%
28%
29
445
27%
Jan
«
2.90
2.90
2.95
106
2%
Jan
3%
Jan
*
al9
al9
10
Jan
18%
Feb
Class
«
7%
Ei
Building Products
•
Bulolo Gold
5
Dredging.
Canada Cement
Canada
Northern
Safeway
Canada
Steamship common
5%
Power
Corp
4V4% pfd
Ltd
Canadian
Bronze
Jan
705
29
Jan
29%
Jan
700
27
Jan
28 %
Feb
11%
190
11%
Feb
12%
Jan
a99
5
100
Jan
17%
3,477
14
Jan
38'A
34
197
Jan
Jan
100
17%
Feb
38 'A
Feb
23%
3,319
22%
Jan
23%
Jan
23
23
405
23
Feb
24%
Jan
*
20%
20%
55
20
Jan
20%
Jan
23.10
23.10
225
Jan
23.10
Jan
11%
11%
525
Feb
12%
Jan
23
23 y8
20
Canadian Car & Foundry common
—
•
22.90
11
14
Jan
15
Jan
28%
Jan
32%
Feb
20
Celanese
common
$1.75 preferred
14%
14%
142
32%
30%
32'A
3,485
39
39
120
37%
Jan
39
Jan
23
23
25
22%
Jan
24%
Jan
Jan
i
Cottons
25
——
*
46
45%
46
101
45
Jan
46
•
common
Canadian Foreign Investment
34
34
34
225
32
Feb
36%
9
488
Canadian Ind Alcohol class A
Jan
9
75
8%
Jan
23%
,
•
24
350
23%
Feb
8%
'■
*
Locomotive
8%
9
8%
B
Canadian
:
„
Feb
22
Jan
Feb
175
Feb
38%
Jan
45
Jan
26%
26%
520
26'A
Jan
26 3A
Jan
45%
47
225
45
Feb
47%
15
15
100
14%
Jan
15%
Feb
44%
45%
1.020
42%
Jan
45%
Feb
16 %
16%
16%
495
Jan
17%
Jan
1,720
•
Oil
9%
Jan
9%
Jan
Jan
29
Canadian Pacific Railway
Lawrence
1st
2nd
..
67
66-
67%
alOO
alOO
35
12%
12%
175
17
81
■»
J)
Cork
17'A
Feb
14
Jan
18
6,544
16%
10
75
10
a
9.20
&
2nd
Breweries
of
Jan
1.99
893/a
89
89%
255
84%
Jan
90
52 y4
52%
53'A
600
50%
Jan
53 %
Feb
*
23%
23%
24
2,536
23%
Jan
25%
Jan
..50
47%
48 y4
315
47
Feb
48%
Jan
150
150
50
148
Feb
—
..
'
96
96
98
2,237
96
Feb
103
Jan
25
25
25
125
22 y2
Jan
25
Feb
35
31'A
Jan
^33
J*n
Coal
Dominion
Dairies
6%
7%
Glass
Feb
42 y2
42%
43%
811
40 y2
Jan
44 lA
21
21
21%
1,060
20
Jan
21'A
45
Dominion
Stores
<fe
50
Feb
7%
1,260
27
Feb
29 y4
class
325
45
Jan
48
Ltd
50
19 %
20
2,521
9Vz
9%
2,115
90
21 y4
6%
common
Voting trust certificates
Redeemable
Dominion
Jan
36%
19%
Jan
22 y8
Jan
35 y2
7%
26%
Jan
29
Donnaconna
35
90
Feb
90
302
101
Jan
106
20%' 20%
1,255
105
65
Donohue
26
Feb
28
Nova
170 V4
Jan
6%
7
560
6V2
15
15
225
40%
39
40%
4,098
*
24%
24%
24%
250
34 »/2
34%
34%
330
28 y2
28 Vt
28%
1,280
a28
a28
5
22%
22
22%
260
21%
Feb
22%
11
11%
7,558
11
Feb
12
4%%
173
Gatineau
5%
Power
General
1
Jan
95
Jan
Atlas
100
15
Jan
15 %
Feb
15
Jan
21
Feb
2
2
210
2
Jan
2
Jan
Brand
Feb
Brewers
2
101
20
99%
Jan
101
62
270
52
Jan
67
Feb
28%
28%
28%
27%
Feb
29'%
Jan
20
93 y2
a
Hamilton
Howard
$2
20
20
20
Jan
20%
Jan
25%
25 y2
707
24%
Jan
26
Jan
27%
28
2,385
27
Jan
28
Jan
-41
41 y8
890
39
Jan
41%
Feb
27%
27%
2,008
27%
Jan
28
Jan
10
'
■
——
27%
Range
Co
Develop
Steels
Ltd
Shares
Week's
Auto Fabrics Products Co
Hudson
Bay
Imperial
Oil
6%
Ltd class B-*
45c
Jan
Feb
17%
Jan
11%
11%
100
11
Feb
11%
Feb
3.90
13%
Jan
15%
Jan
British Columbia
Packers Ltd cl A
Jan
20%
Jan
Brown
common
1
4.00
100
99
*
Jan
Burnett
Jan
Butterfly Hosiery Co Ltd
10
98
Jan
98 3A
a
al8al8%
2.95
18
2
2.95
2.95
1,325
18%
230
105
Jan
Canada
675
Jan
Jan
104
52%
12%
140
3 6'A
36%
205
34%
48%
48%
48%
35
48%
Canadian
105%
Jan
52%
Jan
Canadian
183A
Food Products Ltd
193/a
Jan
Jan
13%
Jan
Canadian
Jan
38
Jan
Feb
50
Industries
Paper
Power
44%
Feb
48
Feb
21%
21%
21%
Jan
23%
Jan
13%
13%
14%
5,780
13%
Feb
14%
Jan
26
26
110
25%
Jan
26 3A
Jan
Canadian
7%
Jan
Canadian Western
32%
Feb
Canadian
7%
3iy4
Iiiternatlonal
Utilities
7%
450
30%
31%
7%
Jan
565
29%
Jan
Vickers
100
100
55
99%
Jan
101
Feb
Westinghouse Co Ltd
31%
75
29%
Jan
32
Feb
Catelli
32%
32%
360
32%
Feb
32%
26
26
50
26
Jan
26
Jan
■
(John)
the
of
•
a4.25
31%
143%
40%
-7%
a4.25
25
4%
Feb
31%
313/4
1,628
31%
Jan
136
143%
Feb
37%
Jan
143% 143%
40%
39%
—
—
1,970
8%
9%
517
49%
•
__
•
_
20
5
49%
73
19%
20
200
Secord
Lewis Bros
Lindsay
_
_
_
_
_
__
5
Jan
323/4
Jan
146%
Jan
•
(John A)
•
..
__
(C W) 6y2%>
_
—
_
100
preferred
Class
B
Mailman
_
_
Class
For
_
Corp Ltd
_
(Robert)
Breweries
B
common..
.
*
41%
Feb
Jan
10%
Jan
49%
Feb
19%
Feb
22 y2
Jan
Consolidated
class
A
40
19%
Jan
20
Jan
40
25
Jan
28%
footnotes
..
see
page
28.
Jan
21%
Feb
22 %
Jan
—
■<
18
275
16%
50
10%
10 3A
135
no
110
1
19%
Jan
David
Jan
17
Jan
Dominion
10%
110
Feb
Feb
10
10
170
9%
Jan
8
8
250
7%
Jan
17
17
17
11%
110
&
20
150
17
Jan
10
8%
17
*
Engineering Works Ltd
*
Oilcloth & Linoleum Co Ltd.*
Jan
Dominion
Feb
Donnacona
Steel
Kootenay Power 1%
*
pfd
50 y2
35
49
Jan
51%
Jan
12
250
10
Jan
12
Feb
12%
110
12 J/2
Jan
12%
Jan
26%
15
24%
Jan
26%
Jan
42
75
40
Jan
42
Feb
a5
5
17%
18%
770
21%
22
982
176
176
20
J/4
5,150
4
al.50
1.50
427
.12
12
300
23%
2334
85
Jan
5%
Jan
18%
Feb
Feb
24
Jan
Feb
178
Jan
21'A
176
23/4
Jan
23%
24%
5,127
Jan
25%
Jan
Fanny
13%
14%
3,377
131/2
Feb
16%
Jan
Federal
23%
23%
125
21
Jan
23%
Feb
6j/2%
26%
263/4
230
26%
Feb
29
Feb
Fleet
26%
26%
240
26%
Feb
29
Feb
Ford
2.00
Feb
Feb
12%
Jan
23'A
Jan
24
Jan
88
Jan
99
Feb
2.00
94
99
427
3.75
3,085
57%
58
502
57
Jan
58
Jan
123/4
123/4
100
12
Feb
12%
Jan
39
Jan
39%
Feb
Jan
14%
Jan
58
~8
40
a40
10
12%
—
12 %4
25
a
8
8
100
35c
.
35c
1,200
3'A
103A
Jan
33A
7
Jan
8
30c
Jan
80c
2.35
2.50
1.620
2>A
Jan
2 3/4
4.25
4.25
125
4'A
Feb
4%
65c
50c
65c
434
50c
110
15
19%
18%
19%
7,148
17%
13
13%
1,615
11
18%
18%
40
18'A
Jan
50
7%
349
12 Vb
2.35
—
—
7%
15%.
7%;
16%
16%
J 7%
Feb
Jan
Jan
Jan
Jan
Feb
Feb
65c
Jan
15%
Jan
193/a
Feb
Jan
13%
Feb
18 3/4
Feb
Jan
7%
Jan
Jan
17%
Feb
Jan
Feb
a54% a54V2
5%
25
50
Jan
55
40%
41
455
39
Jan
41
18
41
18
590
16%
Jan
18
Jan
5%
5%
1,810
5JA
Jan
6
Jan
Feb
a42 a42 'A
15
38
Jan
42
16
60
15%
Jan
16
16
Feb
Feb
Feb
1.75
3,025
1.40
Jan
35%
1
1.80
1.80
35%
25
35 y2
Jan
36%
Jan
10
200
9l/a
Jan
10%
Jan
*
10
.--100
*
red preferred-:
Manufacturing Ltd
Motor Co of Canada
Feb
Feb
12
3.65
Mills Ltd
Farmer Candy Shops Inc
Grain class A
4%
93
(The) preferred—_20
Fairchild Aircraft Ltd..——5
Jan
Jan
5
17'A
3.75
100
East
Feb
Esmond
Feb
12
12
•
Co Ltd
Products Ltd
Paper
Jan
14
26%
50%
3.80
—%
Frere Limitee class B-,.
Feb
16 %
8
26%
•
•
Ltd.
Textile Mills com—
(R L)
18
23%
*
1,153
»•
preferred
crain Ltd
22%
10
Jan
24%
•
..
10%
15
Preferred
*
_
Ltd
1
•
Consolidated Paper Corp
*
_
oil
2.50
Jan
100
al.50
.—;
5
Consolidated Div Stand Sec class A__♦
21 3/4
•
Massey-Harris
Molson
•
A
•
..
McColl-Frontenac
Mitchell
class
Export
—
preferred
| 8%
Eastern
MacMillan
Jan
600
3.80
;•
*
Claude Neon General Advert cl B„.—
Commercial Alcohols Ltd common——•
Jan
8%
al9% al9%
18
_
Ltd
22
Ltd common
46
a24% a25%
al9%
_
•
common
16%
Lang & Sons Ltd
Laura
•
Ltd
Woods
1.50
2%
10%
a5
Chateau-Gai Wines Ltd
5%
Lake
1
'
Feb
'
Lr.batt
Feb
21%
18
•
Cassidy's
31%
_
Corp
Feb
1043/a
40%
*
*
2
LtdLumber Co—
Limited common.
Food Products common
100
32%
-
4%
Jan
26%
;
Canadian Silk Products class A.-
31%
<1
Ltd
Jan
923A
12
—
preferred
5%
25
100
Co
3'A
150
12%
'
1
Canadian Pwr & Paper Inv Ltd com__«
Canadian Marconi Company...
3,083
.
common
Petroleum
International
4,750
2
22%
100
2,508
—
common
preferred
7%
21%
•
common-
International
4.05
10%
Jan
45%
,
:
Ltd
Canadian Gen Investments
44%
45
—
Jan
12
12%
36%
Canada
Jan
Jan
Feb
17%
Vinegars Ltd
Feb
Dredge & Dock Co Ltd
Canadian Fairbanks-Morse Co Ltd
17%
17%
3
—
Malting Co Ltd
Starch Co Ltd common
Canada
Feb
17%
30
17%
19
108
2%
10
a52% a52%
a52 %
106
Jan
Jan
17%
233
107
18
18%
•
International Nickel of Canada—
International
Jan
Jan
*
*
5
*
*
•
*
•
*
1.85
99 100'%
1
a98% a98%
Ltd
100
_
2.00
2
Company
Preferred
Jan
common
_
'
—
19%
16%
16
-r
Preferred
Jan
Jan
15%
30%
—
Bronze
2.00
25c
2 6 3/4
Ltd
International
Jan
475
Jan
.
common
7 3/4
500
Jan
•
Coal
Jan
6,600
Chatco Steel Products
Intercolonial
6'A
40c
Jan
•
.
25
—
15
1927 -.50
_
6 y2
2.00
A
24%
•
_
6%
Jan
16%
class
29
Smelting—
preferred.
Jan
35c
Ltd
552
•
$1.60 preferred..
Jan
4
15
Jan
&
260
_
preferred
$1.25
8%
Jan
16%
Millen
&
2,001
preferred
5%
Jan
4
-
15
•
Corp
7J/2
50
40c
class
25%
-50
Acceptance
485
a4
16
16%
Co
30%
preferred
Indust
8%
a4
Feb
Distillers of Vancouver
Paper
25
Imperial Tobacco of Canada common_5
4%
8 %
■'
14%
•
•
•
&
29
common
&
1,585
8'A
.1
15
Alabastine
Mining
15%
15 %
B
Pr
Bathurst
High
Low
High
14%
•
Ltd
Range Since January 1
Low
5
15
*
Paper
J
Sales
for Week
of Prices
'
25%
Bridge
Smith
710
Last
150
107
preferred
Feb
27%
19%
15%
50
105
Lime &
50
"25%
29 y2
•
preferred
Gypsum
,
10
——...
•
__
•
pfd
Jan
2,358
100
-.61
14%
14%
al9%
25
General Steel Wares common
5%
37%
62
-
5
*
16
16
16
_
Goodyear Tire & Rub 4%
Jan
Feb
10
—s#u
Anglo-Nfld
335
_
Jan
in
Feb
21
—
Ltd
19
101
35%
25
_
174
15 'A
_
Bakeries
Feb
33%
—
Jan
15'A
common
17%
35%
•
preferred
Jan
100
34%
Par
50
3
preferred
25
Sale Price
95
common
40%
Feb
14
17%
Canada & Dominion Sugar
Co
15
Jan
24
Jan
Eddy Paper Co class A preferred... ..20
Electrolux Corp
Fraser
Jan
Feb
36 y2
Canadian Funds
95
Famous Players Canadian Corp
Foundation Co of Canada
Jan
"
STOCKS
5
pfd
Feb
7%
Montreal Curb Market
»
4.16%
Jan
17%
Bickle-Seagraves Ltd
(T H)
Feb
14%
175
♦
Feb
11 'A
Dryden Paper
Estabrooks
Feb
108
Jan
Feb
4,463
173
East Kootenay Power
Feb
50
10
173
Ltd
14
52
175
Scotia
18
Bros
Jan
Feb
21%
Feb
103
14%
Royal
pfd——100
4y2%
20'A
103
Banks—
100
Paper
Feb
90
175
common
preferred
Feb
25
20%
•
preferred
Feb
21%
101%'102%
Jan
36%
20
23 »/2
common^
Jan
10
14%
!
Feb
Jan
33
36%
20%
*
preferred
Textile
20
Jan
101%
Friday
Dominion Tar & Chemical
Jan
Jan
83/4
—♦
Worts
&
Jan
20%
19
•
Jan
35
7%
•
B
21'A
20
9%
Feb
46'A
*
Coal
Jan
Feb
29'A
25
20
Steel
7%
29
45
7%
♦
•
preferred
Dominion
26%
Feb
*
common
common
Jan
Feb
Jan
25
preferred
Dominion Foundries & Steel
Dominion
Jan
21%
*
Bridge
Dominion
23 '/a
Feb
•
Dominion
Feb
25%
*
Montreal
20 y8
5
*
common
Commerce
21%
a25% a25 '/2
100
——
preferred
Corp
rnnfldiftnn*
100
30
Jan
•
•
3,320
30
20 %
Jan
21%
Jan
Limited
14'A
21%
28 %
100
Feb
21%
50
preferred
13%
21 y8
29
*
Winnipeg Electric comihon
500
21 "A
Feb
28%
9
13%
•
21%
*
Cotton
13%
;
21%
Jan
25
Gooderham
13%
Distillers Seagrams
Jan
19%
—
Tuckett Tobacco 7%
*
Davis Leather Co Ltd A
20
90
*
Thrift Stores Ltd
Jan.
32%
900
21
*
preferred
(Geo)
Jan
21%
21
■»
Power
common
152
21
21'A
100
17o
Feb
*
„
Canada old common
New
Zellers
Feb
Jan
preferred
5%
Jan
32
pfd —100
.:
Canada
Weston
15
Jan
21
Chemical common
Walker
Jan
27
103
Jan
Press Co
Wabasso
Jan
12%
780
•
Standard
Steel
104
346
32
20
•
Southern
United
Jan
14%
30
.
Co of
20
14%
20
common
Class B
5%
Jan
20
_
1%
Can
Simpsons class A__;
Steel
Feb
9.80
20
trust certificates
Southam
Feb
1
Williams
Voting
8.80
16
common.
_
Sicks
10,555
7
a__
Jan
preferred
Sherwin
Jan
a__
14
Shawinigan Water & Power com
Series A 4% preferred—
16%
32%
Jan
Jan
6
11
203
1st preferred
Jan
t*
173/4
16
8
75
a
15%
Paper
15%
*
Jan
15%'
Lawrence
225
•
Jan
13
15%
St
16
5
100
31%
__
_
Mills
15%
i
Jan
70'/8
Jan
Jan
1033/4 103%
14%
49
Flour
15%
Co
Seal
Jan
12%
9.50
75
9.15
,
*
common.
Lawrence
>_
Ltd
Co
63%
Jan
99
a6
a6
100
.
«
Corp
16
16
.
—
.
St
•
Consolidated Mining & Smelting
Consumers Glass
Crown
18
Feb
Feb
15%
12%
■>
_
common
preferred
preferred
;
Cockshutt Plow
(B
Jan
15%
i7y8
20
Coghlin
Jan
55
10
25
Cardy Corp class A
17%
16
16
Companies
172
alOO
•
Wilsils Ltd
Canadian
19%
15
225
•
common
preferred
Jan
25
$1.00 series
Canadian
14%
•
Class A
Canadian
Class
38%
29%
•
Ltd
cumulative preferred
57c
Jan
28%
38
__
•
common
Canners
9.50
17
17%
*
Breweries
Canadian
Jan
34
33%
Feb
11%
11%
*
50
Canadian
Jan
Feb
29%
.
100
preferred
9
1.148
35%
Jan
30%
7%
a99
*
Canada
110
Feb
29
28%
29%
20
Forgings class A
6%
533
a9
35
35%
•
common
$1.30 preferred
Canada
33%
a8%
—
730
7%
33
33%
17
1,476
44
1
Royalite Oil Ltd
2.90
Bruck Mills Ltd class A
20
175
41
47
...
Power
1,800
*
cl
Corp
19%
Feb
21%
26%
B
Feb
175
Saguenay Power 4SA% preferred— A00
Class
Jan
71
26%
-100
26 »A
2%
21
Jan
•
—
Ltd
Co
20
Products
Jan
66%
,—
preferred
26
100
19%
5,207
—
_
_
Provincial Transport
26%
pfd_100
1,540
71
V
•
*•
Corp of Canada
26
21
20%
453/4.
...
Co
26%
*
;
20
68%
44
100
^
•
Power
common
__
common.
Products
Steel
25
Light
British American Oil
Mills
Flour
preferred
Ottawa
Jan
39%
Asbestos Corp
Jan
20
•
•
Ltd
11%
70
•
Algoma
Steel
'
;
20%
—
—
Ltd—
Feb
Feb
104%
Agnew-Surpass Shoe
Aluminium
High
20%
50%
National
High
Low
Par
Shares
Low
20%
Montreal Telegraph
Range Since January 1
Range Since January 1
High
...40
Locomotive
Montreal
Sales
for Week
Week's
Low
m
121
121
25
1.20
1.25
800
1.20
Feb
1.75
Jan
27
27%
1,083
24 y4
Jan
29'A
Feb
.....
class
A
0
27%
121
Feb
123
Feb
Volume
171
Number 4885
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
(879)
CANADIAN
RANGE
Friday
Week's
Range
Shares
STOCKS
Par
Foreign Power
Goodyear Tire
Great
Lakes
Halifax
Sec
6%
red pfd
& Rubber of Can
Paper Co Ltd
100
Ltd
(Frank
5
226
5
Jan
5
15
92
Jan
92
Feb
14%
15%
355
14%
Jan
15%
12
12 »/4
240
11%
Feb
12 %
class
A„
*
8%
7%
Jan
8%
8%
"
17
■17
25
Loblaw
12
12
100
Ltd
class
Ltd
Groceterias
MacLaren
preferred
Co
&
Co
7%
* '
pfd
6%%
Oil
Distilleries
10
of
27%
6%
4%
pfd
Limited
100
&
Paper Co
Ltd
___•
A
pfd
Ltd_
(Can)
Mines
Beatrice
Red
Feb
77%
Jan
26%
Jan
27
Feb
Jan
1.05
Feb
18%
100
s
,
Mines
Ltd-
Mines
Area
Feb
100
26
Jan
26%
Feb
14
200
13%
Feb
15
Jan
25
109%
Jan
110
Jan
alO
40
9%
Jan
9%
18
100
17%
Jan
18%
Feb
43c
35c
10
10
16%
'
16%
36
36
a__
18
Jan
113
*
Jan
19%
115
Feb
Jan
13%
Jan
16%
Feb
1,325
*
20c
Jan
35c
Feb
31,300
41c
Feb
43c
Jan
10
Feb
11
Jan
14%
Jan
16%
Feb
50
125
25
36
Feb
36
Feb
54
54
90
52%
Jan
54
Feb
20 %
21
80
12%
Jan
22%
95c
150
95c
Feb
1.00
Jan
17
100
14
Jan
17
19
Feb
64c
68c
39,600
43c
Jan
70c
55c
Feb
53c
57c
9,100
53c
Feb
4c
61c
Jan
4c
4c
500
1.38
1.33
1.39
5.900
25c
25c
25c
1,500
4c
500
3c
Feb
4c
Feb
4c
500
4c
Feb
4%c
Jan
4c
4c
__
4c
7c
7c
8%c
7%c
Ltd——
Feb
14c
Jan
Feb
lie
Jan
3c
5.000
2%c
Jan
3%c
Jan
6c
4,000
5%c
Feb
7%c
Jan
2.05
2.05
100
Gold
Ltd
2.05
Feb
2.20
Jan
Mines
__
2.20
2.30
3,700
4.70
5.20
43c
44e
29c
Jan,
5%c
Jan
89c
Jan
be
Jan
8c
Jan
17%
Feb
20%
Arjon
21 %c
Feb
I
2.22
4.45
39c
Jan %
Jan,
Feb
Jan
...
-•
Co
Ltd
1
Ltd
Ashdown
5.30
Athona
Mines
1
Feb
42c
Jan
Corp
of
Barnat Mines
Bates &
Bell
Mines
Co
Mines
Bertram
Mines
Ribbon
Bobjo Mines
Bonetal Gold
(1944)
Ltd
Brand
.
Sullivan
Cons Mines Ltd
Teck Hughes Gold Mines
Ltd——
13,500
3%c
Feb
5c
Jan
5c
3,000
4Vac
Jan
5%c
Jan
7,000
5c
Feb
7c
5,000
7c
Feb
10%
1,885
10
Feb
4,500
10c
Feb
5c
7c
11
13 %c
Feb
Feb
Brewers
Ltd
Mines
Ltd
Febi
21c
Jan
29c
Feb
9,600
66c
Feb
82c
Jan
18 %
450
4.50
100
8c
197,500
British
4.40
4c
6c
Class
2.60
5.25
Jan
Petroleums
Ltd
Feb
6c
Jan
Jan
13%
Jan
14
Feb
60c
Feb'
Home
2.61
60c
Feb
500
2.60
Feb
66%
65c
Jan
2.80
Jan
1.85
400
1.82
Feb
2.00
Oil
Co
Oils
Ltd
300
3.05
Jan
4.00
Feb
26,500
17c
3,500
17c
Feb
6c
7c
26,200
5%c
Jan
12,000
2%c
Jan
5c
Feb
Feb
1.17
Jan
4c
Feb
5%c
Jan
2 %
c
5c
1.03
1,200
22%
23
1,870
9%c
1.02
19
Jan
20 %c
9c
Jan
Jan
23%
Feb
9%c
1,000
7c
Jan
14c
Jan
9c
9%c
12,000
9c
Feb
2.21
14c
2.18
Jan
2.25
3,900
68c
68c
2,000
57c
Feb
a32
68c
Feb
a32
a33
500
35c
Jan
36c
Jan
1.92
Jan
2.35
Jan
75c
2.45
81c
6,500
69c
Jan
81c
Feb
52c
58c
5,232
52c
Feb
62c
Jan
2.45
2.60
2.45
500
2.45
Feb
2.85
Jan
2.35
2.61
13,050
2.32
Feb
2.69
Jan
2.95
2.95
100
2.95
Feb
1.27
3.10
Jan
1.28
7%c
7 Vac
3,200
9c
1.20 Jan
2,000
57c
54c
58c
3.30
3.30
3.30
2c
2%c
8.10
8.10
4c
2.23
4c
57,600
<
100
Jan
Feb
14%c
Jan
Feb
71c
Jan
Feb
3.50
Feb;
2c
Feb
2%c
Feb
Feb
9.25
Jan
1 54c
1,000
2,500
1.36
2.99
1,000
2.23
7%c
100
4c
*
4.00
»
7.05
"
8.00
4c
218
Jan
Feb
5%c Jan
229
Jan
____90c
Pan
*
:
South Brazeau
For
see
page
38.
_*
13c
Jan
6,000
4%c
Jan
7%c
Jan
103%
—'
20
13c
3,400
12c
3.30
1,800
3.10
18c
18c 18 %c
103
Jan
2,000
18c
103 %
Jan
14 %c
Jan
Feb
3.45
Jan
Feb
Bunker
24c
7%c
9c
16,500
6c
Jan
9%c
Jan
27%
28
925
27 Ve
Feb
28 %
Jan
39
39
720
38%
Jan
40
1.32
1.40
44,550
54c
60c
5,400
54c
Jan 4
65c
Feb
26c
25c
26c
6,750
25c
Feb
31c
Jan
14
14
100
14
Jan
14
Jan
Jan
1.39
1.16
Jan
25%
26
305
24%
Jan
26
13
13%
645
12 %
Feb
14
Jan
39%
40%
7,243
39%
Feb
41
Jan
7,000
32c
Feb
44c
Jan
32c
35c
17
17,
60
17
Feb
17
Feb
31c
66,100
24c
Feb
31c
Jan
4%c
5c
5,500
4c
Jan
5fc
50
50
16
50
Feb
12c
15c
10,600
12c
Jan
51c
53 c
5,207
39c
•'Jan
12c
3,000
11c
Feb
19c
Jan
c
4,500
2%c
Feb
3c
Jan
14 %c 15 %c
12,967
14 %c
Feb
25c
Jan
Feb
10
Jan
Jan
40c
Jan
29c
25c
5c
53c.,
11c
2%c
15 %c
2 %
9.35
9.35
9.55
40c
35c
40c
•
16%
16
16%
330
26 6C
26.50
26,60
3,003
18
18%
220
21%
56,308
com.*
700.
3,300
9.35
25c
10
Jan
15c
Feb
4%%
26.60
Feb
Feb
18%
Feb
20
19%
Jan.
21%
Feb
16%
16%
410
15%
Feb
17
Jan
26
26%
5,275
25%
Jan
27%
Jan
26
26%
2,150
100% 100 %
30
25
Products
26%
—
•
2.85
2.75
2.88
26
Jan
99%
Feb
1,365
2%
6%
3C0
29
1,900
27%
Jan
29
Feb
2.88
3.00
298
2%
Jan
3
Jan
*
■
23c
22c
6
24c
18,100
21c
Jan
27c
Jan
60c
15,650
50c
Jan
6lc
Feb
19%
270
17%
Jan
19%
Feb
6%
Jan
7%
Feb
19%c
Jan
7%
7%
475
12c
13c
18,800
2.10
2.04
2.15
4,200
8c
8%c
5,400
8c
Jan
11c
Jan
5c
5 %
2,000
5c
Jan
6c
Jan
33%
'
B
*
preferred
33 %
3%c
15%
17%
7%
12 %c
•
c
700
3.85
Feb
4.70
Jan
250
7.00
Feb
8.25
32%
.
33 %
475
30%
Jan
3 VbC
3 Vac
500
3%c
Feb
3%c
Feb
15%
15%
205
14%
Jan
16
Feb
17%
17%
455
17.
Feb
19%
Jan
7%
7%
235
12 %c 12 %c
25,000
1.17
Feb
1.42
Jan
1.17
4%c
500
1.40
1.80
11,700
1.22
Jan
1.08
1.80
Feb
200
1.08
Feb
1.30
Jan
7%
Feb
8
7c
Jan
14c
Feb
Jan
Feb
125
16%
Feb
16%
Feb
2,200
7.05
Feb
8.35
Jan
6%c
6c
6%c
3,500
5c
Jan
6%c
Jan
48c
48c
52c
7,900
48c
Jan
58c
10 %c 10 %c
2,000
10c
Jan
12c
Feb
Feb
3.25
Jan
10 %c
7.10
Jan
2.75
2.65
2.75
2,500
•
35%
35
35%
475
34
Jan
38%
Jan
20
29%
29%
29%
140
29
Jan
30
Jan
*
.
Canada Foundries
class A
Canada Iron
Foundry
Machinery
Canada Malting
common
27%
19%
27%
28%
360
21%
Feb
28%
Feb
19%
19%
10
19%
Feb
21
Jan
6%
6%
25
Jan
7
Jan
10
Canada
_♦
•
A
50%
•
Power
class
12
Class B
•
Canada Permanent
Mortgage
Canada SS Lines common
100
»
Preferred
50
& Cable
class
B
51
135
12
12
25
34%
125
21%
22
2.62
6
47
Jan
52
Jan
11%
Feb
12%
Jan
34
Jan
37
Jan
910
19
213
212
215
52
196
Jan
17%
16%
17%
2,948
14
Jan
17%
Feb
38
37%
38%
449
33%
Jan
38%
Feb
*
Jan
24%
215
Jan
Feb
32
30 %
Jan
33
Feb
25%
25%
25%
1,185
25
Jan
•
common
31%
10
Canadian Bank of Commerce
Canadian Breweries
Canners
50%
34
*
26%
Feb
23%
22%
23 %
2,243
22%
Jan
23%
Jan
Jan
50
•
;
common
A
20
20
20%
2,469
19%
Jan
20%
23.10
23.10
23.10
1,998
22%
Jan
23.15
20
20
20%
485
19%
Jan
20%
Jan
•
preferred
Convertible preferred
20
•
1st
11%
11%
11%
150
11
Jan
12%
Jan
14%
14%
55
14
Jan
32%
30%
32%
880
29
Jan
32%
Feb
25
23
Feb
23%
Jan
Jan
27
Jan
6
Jan
20
Jan
1.17
Jan
7.20
*
Cement common
Preferred J
New
2.25
1
Canada
Canadian Car
Jan
16%
1
Canadian
Feb
1.92
7.10
•
Canada Wire
12c
16%
•
Calmont Oils
Calnorth Oils
Feb
12 %c
1
*
6%
57c
•
•
Jan
19%
60c
19%
•
Flon
Packers
Jan
6%
28%
1
Northern
3%
6%
28%
•
Canada
Jan
Jan
Jan
0
1
Campbell Red Lake
27%
102
•
•
Canada
Feb
17
Jan
18
21%
Callinan
Flin
Jan
26%
16%
•
2nd
54c ^ Jan
26%
pfd___100
Calder Bousquet
Linen
-•
•
Burrard class A
Caldwell
Jan
52
V
5
1
class
Feb
39%
•
Lake
Co
Jan
1.40
13%
1
Hill
&
Jan
8%c
1
,
Burns
Feb
27%
!_25
common
preferred
•
25
23
23,
15
Feb
Jan
■
500
4%c Jan
5c
Jan
Canadian Dredge
•
Canadian Food Products
common
Class A
1.01
1.05
210
1.01
Feb
11
1.18
11%
4,121
10%
Feb
1.88
1.88
13%
Jan
300
1.85
Feb
4%c
2.21
Jan
5%c
12.500
4%c
Feb
7%c
Jan
4.60
1,100
4.25
4.85
Jan
Canadian
Wallpaper class
Wirebound
Jan
Jan
Canadian Malartic
Canadian Oils Cos
19%c 19%c
6.000
18c
Jan
10%c
10%c 12%c
23%c
Jan
Canadian
12,000
10c
Jan
13c
Jan
Cardy
Corp
class
•
common
A
class
A
4.75
50
11%
12%
135
8%
8%
8%
26%
495
24%
4%
11
Jan
Feb
12%
Feb
245
8%
Jan
23%
66c
.*
25
A
4.75
12%
*
•
Canadian Pacific Railway
26%
26
•
•
Canadian Indus Alco "A"
voting
Canadian Locomotive
4.40,
11
—
103 %
3.20
3.25
1
Burlington Steel
19%c
Petroleums Ltd
footnotes
4.05
7.15
1.08
1.80
1
Western Oils Ltd
Jan
1
Canadian Celanese
4.00
7.05
•
4%c
41
•
>
Ltd
10c
Jan
3.90
4%c
1.03
»
Omnitrans Exploration Ltd
Pacific
Petroleums Ltd
5,000
6%c
1
Buffadison Gold
Jan
Jan
13c
6c
Jan
60c
62%
Jan
11 %c
Calgary & Edmonton
—
Okalta
8%
--
1,025
1
1
1.70
_1
Bruck Mills class A
Class B
Jan
4c
1.85
,
common-..
9%c
Jan
Jan
Broulan Porcupine
8c
17c
Co Ltd—*
A
Jan
Feb
Oil
19%
3.85
__
Class
Feb
__
Feb
Feb
41
Gaspe Oil Ventures Ltd
15%
«
Feb
Class
Consolidated Homestead Oil
Jan
50
Light & Pwr
Jan
OH StOCKS—
Anglo-Canadian Oil Co Ltd
Calgary & Edmonton Corp Ltd—
13%
Feb
7%
A
Forest
British- Dominion
Jan
41
Central Leduc Oils Ltd
370
•
Jan
#
Wright Hargreaves Mines Ltd
Jan
31c
1.28
B
13%
1
Feb
62c
7%c
Columbia Packers B
Columbia Power class A
British
45c
1
Ltd
15c
Feb
940
common
Elec
Columbia
1,000
1
:
__^
Mines
45,400
1
Ltd.
Jan
f
class
Columbia
Jan
1
Jan
9c
53c
6,200
Distillers
Jan
1
22c
9.0C0
24,500
«
British American Oil
common
Preferred
British
Jan
Jan
57c
Jan'
71c
17%
&
Jan
20c
12c 13 %c
1
12
1
Jan
53c
•
Millen
32c
58c
81,600
lie
20,050
_.,JIU
4c
5c
1
Ltd
Vinray Malartic Mines Ltd
Waite. Amulet Mines Ltd
General
&
2,000
41
70j
29c
•
8,900
1
77
8%
:%L,
60c
9c
8
Jan
1.50
A
'
Bordulac
Brantford Roofing
Brazilian Traction
200
Jan
Jan
75
9%c
„tm
Jan
1,000
22c
Feb
7%
Feb
8%
-
Corp preferred—
Jan
6c
Feb
14
__
5c
60c
Jan
28c
56c
A
class
10c
'
4%c
17 V2c
20
31c
32c
Jan
Jan
c
12c
1,415
15c
Feb
3%
29c
•
_
44c
3c
7,200
8
75
11c
•
Sons
Gold
12%
22%
18c
.
1.39
Bidgood Kirkland Gold-
60c
1
Ltd
Steep Rock Iron Mines
Asbestos Corp
&
Bevcourt
40c
6%c
19c
7%
75
1
—
12%
1
4,250
18c
1
Building Products
1
Mines
Feb
Jan
8%
_
125
Ltd
Mines Ltd
Sladen-Malartic
10%
7%
-25
River
63%
1
,__
Feb
12c
Telephone
Berens
63 %
50c
Sherritt-Gordon Mines Ltd
9.60
31c
6,850
*
Buffalo Red
1
Santiago Mines Ltd
1,160
c
54,600
1
Buffalo Ankerite
Buffalo Canadian
1
Ltd—
Jan
1.43
Bros
Jan
♦
Feb
10 %c 10%c
4.75
_
Eeatty
Feb'
1
Mining Corp Ltd
70c
Feb
4c
10
class
83c
1
10c
Jan
class A
21 %c
Development Co_!
Feb
3.80
—10
Power
Jan
__
7c
44c
15
Mining
Innes
Bathurst
Feb
__
5,800
8,100
7%c
Ltd
45c
3.90
Feb
14%
Ltd
12 %c
1
Quebec Manganese Mines Ltd
Yellowknife Gold Mines
Queenston Gold Mines
Gold
Co
Metals
5,600
1
20c
13,080
*
Toronto
7,900
1
Jan
68c
100
Montreal
of
18c
Gold Dredging Ltd
Mining Co Ltd
Feb
16o
9%c
Bankfield Consolidated
53c
O'Brien Gold Mines Ltd
Jan
26%
4.10
24c
1
50c
__
Jan
57
Jan
14%
Mines
16%c
*
14%
Feb
26
1
__
Feb
60c
40c
Jan
52%
10
—
Aunor Gold
Base
Feb
1
Jan
al2% al2%
__
Quebec
A
Wiborg preferred
Aumaque
Barymin
Jan
1
53c
1
Ltd
class
&
Bagamac
25c
13c
Aubelle Mines
6c
6c
*
13%
Jan
Jan
65c
27c
•
Ault
.
3.95
10%
•
2%c
4.50
_1
8%c
Jan
9
80c
65c
15c
Yellowknife
16%c
Ltd
7%c
55c
Jan
Jan
4.00
3%c
Steels
1,300
5%c
—
2,625
4c
Atlas
_1
5
17c
18c
Atlas
6,000
28c
17%
—
80
14%
22c
Atlantic Oil
6%c
13,500
69c
al2%
1,220
1,000
26%
Jan
8%
1
(1937)
2%c
24%c28%c
—
56%
26%
16 %c
—
Bralorne Mines
7c
8c
.
:
Labrador
Mines
Jan
Feb
10c 11 %c
—
23c
48c
Feb
1
Hardware
1
Mines
^—1—|
Gold
Jan
2.30
44c
10%
18
817
53%
7%c
•
,
Boycon Pershing
Boymar
5c
69c
23c
1,700
14
15c
Brantford Cordage
Preferred
3%c'
25%c
1
70c
„io
6c
__
1
Ltd
Mclntyre-Porcupine Mines Ltd
Mining Corp of Canada Ltd
Mining
common
2%c
—
2,300
High
Jan
.
16c
1,500
28c
63c
21,450
—
10%
1
Macdonald Mines Ltd
Canada
14,500
3,000,.
2,000
Feb
5c
1
Mines
21c
6c
—1
Mines
20c
4c
650
5c
Ltd
Miller
8.000
18
4c
5
4%c
70c
—
v—_1.
Mines
Ltd
Mines
Goldvue
4c
6%c
1
Little Long Lac Gold Mines Ltd
Louvicourt Goldfields Ltd
Stadacona
Jan
5%c
1
(1945) Mines Ltd
Gold
3lc
7c
18
1
Mining & Explor
Silver
Feb
7c
29c
1
——.
Ltd
Fortune Gold Mines
Siscoe
Jan
Feb
12,800
5.15
Kerr-Addison Gold Mines Ltd
Cons
5c
1.39
22,500
6%c
.
65
79c
1
Corp
British
Mines
Joliet-Quebec
Gold
Jan
Feb
9c
69c
1
Ltd.
Gold Mines Ltd—
Normetal
4c
1.20
25c
8%c
-
2%c
__
1
49c
8%
Feb
95c
17
1
48c
1
Ascot Metals
Corp
a—
4.688
16%
25c
54
1
Hudson-Rand Gold Mines Ltd
Norlartic
Argus
102 %
8%
Jan
__
Ltd
Feb
56%
Warrants
42c
1
105
•
Preferred
110
14%
21c
Jan
1
Mines
26%
25c
__
Jan
26%
*
Feb
14
,
25
23c
•
Feb
114
__
Feb
14
*
7%
114
__
24
10
1
Oil
11%
114
Mines. 1
Ltd
Cons
Canadian
21
1
Mines Ltd
Mines
Mines
Shore
Anglo
Jan
10
.-1
Feb
510
104
24
103%
Low
79c
1
Jan
1,150
___1
24%
23%
— —
"28
..._
....
Jan
1
Cadillac
(1945)
Pfd
Amalgamated Larder
American Yellowknife
Anacon Lead
5%
al8
1
!
Mines
Formaque Gold
Canada
10%
19%
1
Mines Ltd
Jan
104
•
of
20%
*
___:
Ltd
Fontana Mines
Co
25
1
Mines Ltd
Gold
Labrador
Aluminum
433
Jan
65c
:
22 %
*
_
4,230
19
,
Gold
Lake Rowan
Algoma Steel
Aluminium Ltd
21
is y2
1
Ltd
24%
2,580
—1
—
7%
Jan
1
Mines
Jan
23%
1
Cons
11%
al8
w
23
*
_
Pacific
18
__
23%
21%
——
Blue
Mines
Hollinger
Agnew-Surpass
alO
'
5,410
_1
Akaitcho Yellow Knife
Alberta
110
16%
24%
100
Anglo Rouyn Mines
Apex Consol Resources
Aquarius Porcupine
18%
High
23%
•
Mines
Range Since January 1
Low
24
Jan
M» £
17% Jan
25
__
•
Ltd
Sullivan
Westville
'
11
Uranium
Bank
Central
East
United
76
27
a—
Acadia
Bank
Lake Gold
Elder
Upper
Jan
Shares
—.
13%
41
Dome Mines Ltd
Dulama Gold Mines Ltd
East Malartic Mines Ltd
Trebor
Feb
85c
80
19%
Duquesne Mining
_1
Cortez Explorations Ltd__
———1
Torbrit
10%
75
—
5u
Mines Ltd
Consolidated
Consolidated
A
26%
Cochenour Willans Gold Mines
Ltd —.1
Rochette
Feb
705
__
0
'
Candego Mines Ltd
Cartier-Malartic Gold Mines Ltd
Centremaque Gold Mines Ltd___
Goldbeam
Acadia-Atlantic class
6%
__
•
Gold
Gold
Quemont
99
a—
110
100
Mining Corp Ltd
Bouscadillac
Quebec
Jan
Stocks—
Metals
Pato
97
5
4
0
com
Anacon Lead Mines
Ascot Metals
Corp
Pitt
Jan
for Week
•
common
—Z20
11%
__
Gold
Paper
20%
26%
_°
Windsor Hotel Ltd
New
Jan
7
1,300
18%
—
•
Ltd
Securities Ltd
Western Grain Co Ltd
Lake
Jan
28%
Jan
75
__
100
United
Lake
18%
Jan
6%
18%
__
Jaculet
Jan
27%
a20c
42c
Materials
City Rapid Transit Co
Heva
lo%
69
515
200
*
Union Gas of Canada Ltd
_L
United Amusement
Corp Ltd class A
United Fuel Inv
preferred A
Goldora
100
6%
1,600
7%
*
Southern Canada Power 6%
Sol
Feb
27%
27
__
Southmont Invest Co Ltd-
El
40
1.00
76
.
Band-Ore
Power &
$1.50 preferred
Armistice
Coventry Ltd class
Paving &
Jan
Sales
Range
of Prices
Par
Abltlbi
Anglo-Huronian
Russell Industries Ltd
Transvision-Television
18%
35%
18%
—
Eldona
Jan
10%
41
_•
10
Scotia Light & Pwr Co Ltd com-4'
Nuclear Enterprises Ltd.!
'
*
Orange Crush Ltd
—•
Paton
Manufacturing 7% pfd ——20
Paul Service Stores
Ltd—,
*
Power Corp of Can 6% cum
1st pfd. 100
Quebec Tel Corp class A:
i—
*
Reitmans (Can) Ltd 5% red
pr
20
Bouzan
32
a20c
Nova
Barnat
Feb
a4.50
18%
1
"
Newfoundland Light & Power
Base
Feb
95c
—
Mining
12
10%
__
5
Power
Corporation
Preferred
Twin
Feb,.
Feb
a4.50
—
10
Ontario
Island
Standard
17
Jan
31%
1,525
a98% a98%
__
—_10
Moore
Renold
Jan
8%
Feb
11
25
40
27%
6%
__
*
corn
Canada Ltd
Montreal
31%
38%
18%
—
pfd__20
conv
preferred
Mica
Minnesota
40
*
McColl-Frontenac
6%
Co
Ltd
Melchers
31 %
17
Week's
Last
__
Paper
Maritime Teleg & Tel
Maxwell
A—4'
150
Friday
Sale Price
STOCKS
Preferred
Power
Massey-Harris
A
Canadian Funds
Jan
common..'
Co
Toronto Slock
Exchange
Jan
a92
Ltd
Felt
24
High
5
15%
__10
W)
Low
Investment Foundation
Hubbard
MARKETS
FEBRUARY
Range Since January 1
High
a92
*
Insurance Co
Horner
Low
Ltd-.1*
com
ENDED
for Week
of Prices
LISTED
WEEK
Sales
Last
Sale Price
FOR
24
275
23%
Feb
29
65c
67c
6,250
60c
Jan
70c
Jan
15%
16%
Jan
17%
Jan
Jan
18
Jan
16
17%
16
630
17%
18
6,088
9%
Jan
Jan
*
12%
12%
30
12%
Jan
*
13
Jan
26%
26%
25
25%
Feb
20
26%
Feb
10
10
122
10
Feb
13%
Jan
35
36
THE
(880)
COMMERCIAL &
RANGE
Friday
'
J
■
.
;
Range
Shares
Low
1.45
3,300
3,713
1.25
Jan
1.45
Feb
2.51
2.20
Jan
2.60
Feb
1.10
1.21
18,200
1.00
Feb
1.52
Jan
90c
4.450
85c
Jan
Jan
5,214
15c
Jan
Jan
Gunnar Gold
15'/a c 16 Vic
6c
Jan.
8c
Jan
Gwillim
10%
Jan
14 %
Jan
Gypsum
72c
Jan
1
Central Porcupine
1
_r
Centremaque Gold
1
7c
Chatco
•
Chemical
common
50c
1.30
Mines
12%
100
.
1.17
5%c
53,500
1,500
4%c
Jan
6c
Feb
1.35
23,627
1.15
Feb
1.78
Jan
11 V2c
Feb
95c
Feb
Chimo Gold
1
12c
12c
1,000
Chromium
•
95c
95c
955
1
2 Vac
3c
39 Vac
Citralam
Coastal
Malartic
•
Oochenour
Mines
1.23
1.00
1.00
1.05
4,325
21c
17 VaC
21c
216,164
8 Vac
8 VaC
8 V2C
1,500
8%
8%
8V2
56c
66c
61,433
Class
4 Vac
56 VaC
15c
96 %
*
6%
Oonwest
Crestaurum
Crolnor
Pershing
Crow's Nest Coal
43c
40c
43c
Patricia
Da vies
Leather
Oils
Delnite
Dexter
Feb
Jan
Heva Gold
1
6%c
6 VaC
7c
9,100
6c
Feb
9 Vac
Jan-
6%c
7c
22,000
7c
7'Ac
1,500
17%
17%
45
10%
10%
2,885
9c
17,600
Jan
6c
Mines
Hlghridge Mining
Highwood -Sarcee
•
Feb
1.00
Jan
Hollinger Consol
Hosco Gold
10c
8c
Jan
8
Feb
Feb
4c
4,727
60c
,
•
Jan
21c
Jan
5
—
Howard Smith
Paper common
Jan
Hudson
66c
Feb
5c
Feb
Huron & Erie common
Jan
90c
Jan
6,500
4Vac Jan
5c
Jan
2,240
55c
Feb
62c
10,649
12c
Feb
26c
Jan
Jan
2,176
Feb
Jan
103
Bay Mining <fc Smelting
20%
4%
6%
Feb
6%
Feb
1.50
90
1.50
Feb
1.75
Jan
Indian Lake
Jan
Jan
Industrial
Acceptance
common-
160 Va
1.08
Jan
1.26
Jan
6%
Jan
8%
Feb
13c15'Ac
7,225
13c
Feb
17c
Jan
53c 54 Vac
2,700
50c
Jan
58c
Jan
Ingersoll Machine class
Inglis (John) & Co
Inspiration Mining
International Bronze Powders com
convertible
5%
Jan
15Vac Jan
275
35
Feb
37
Jan
45
Feb
47%
Jan-
Jan
3c
Jan
122
25
121
Jan
122
Feb
23
113
23
Feb
24
Jan
Jan
30%
21%
14%
2c
25
30 Va
Jan
32
23%
13%
Feb
14%
500
7%
Feb
7%
25%
Feb
27
Jan
3c
Feb
4%c
Jan
29 Va
Jan
32
Feb
32 Va
Feb
32%
Feir
7%
Feb
9%
Jan!
12
Jan
40c
Jan
49c
Jan
8,755
7%
7%
26
26
26
4C
3 VaC
4c
.*
3,000
605'
307/a
7'A
.
10 V3
365
32%
315
7'A
7%
120
10 »A
32%
31%
32%
•
10 %
964
41c
4,600
41c
41c
Jan
21
2,105
•,
*
,
'
Jan
Jan
Feb
8
Feb
10c
13c
6,500
10c
Jan
13c
Jan
28c
30c
9,100
28c
Feb
42c
Jan
Preferred
21%
21%
90
21%
Feb
24
Jan
International
13c
1,000
12c
Feb
16c
Jan
International Nickel Co common
Feb
1.80
Jan
4
4
50
4
Feb
4%
Jan
16%
16%
245
16
Feb
17%
Jan
26%
27
225
26
Feb
28 %
102 102 Va
250
101
101
31
•
Jan
25
13c
21
vT
13c
1.60
1.60
1.67
200
6%C
7c
2,300
6c
Jan
7c
2,400
26c
Feb
36c
Jan
Metals
27 Vac
37c
21,200
30c
Feb
42c
Jan
Jaculet
21
21%
2,865
20%
Jan
21%
Jan
Jellicoe
Mines
18
18
18 %
3,475
17 Va
Feb
21%
Jan
Joburke
27
27%
280
27
Jan
27%
Jan
3.00
3.00
200
3.00
Feb
3.00
Feb
29
29 %
986
26 Va
Jan
29 %
Feb
8
.8
300
7Va
Feb
V 29%
4
"
20
43 %
*
preferred-—-50
43 Va
25
>
20
Feb
30
20
43 Mr
43
% Feb
25
20%
20
203a
1,715
19 %
Jan
•
34%
34%
34 Va
530
33 %
Jan
Dominion Stores
Jan
Feb
•
31%
31%
31%
1,746
31%
Jan
32 Va
Jan
143%
143%
144
49
143%
Feb
146 Va
Jan
8%
Jan
10%
Jan
5c
Feb
7'Ac
8% "Jan
(1939)
Jan
Feb
1,613
6c
8,000
25c
22 %c
28c
19,913
20c
Jan
30c
8%c
13c
34,111
4 Vac
Feb
13c
10'Ac
12c
9,007
10c
Jan
12c
Jan
67c
73c
80,633
66c
Feb
82c
Jan
'
—
1
68c
1
Kelore
,
Feb
4 %c
4,500
4c
Jan
6 Vac
6c
7c
9,000
6c
Feb
59
55
59
1,400
43%
Jan
59
Feb
18
18%
7,115
17%
Feb
19'A
Jan
1.25
1.30
8,490
1.25
Feb
1.44
Jan
11 Vac 11 Vac
1,500
11 %c
Jan
14c
Jan
521
19'A
Feb
20
Jan
Kayrand Mining
Mines
20
Feb
Kirkland
1
Kerr-Addison
Jan
Jan
9%
Kelvlnator
45 %
22 Va
9
5%c
I
Quebec Mines
Joliet
9
5%c
4%c
Gold
•
common
104
1
Ltd—
Mines
35 Vac
,_.10
Magnesium
Jan
103
Jan
•
36c
•
Jan
100
•
Petroleum
Jacknlfe Gold
21%
-*
101%
100
Preferred
*
Dominion Foundry & Steel
27
•
Milling preferred
1
;■
class A
—
Feb
26 %c 27 %c
1.67
International
2
Dominion Steel & Coal class B
11 Va
Jan
100
Feb
7 Va c
.
Inv
Feb
7%c
100
51 Va
1
Malting
Feb
10
2,500
13%
*
8
1
A
Jan
Lake
Scottish
18
2,190
21 Va
32
preferred
Jan
1
Dominion
Jan
2%c
30%
1
65
1
Dominion
Feb
16%
36%
13%
25
preferred '
630
7c
___
Electrohome
8%c
45%
21%
£1
Preferred
49 %
Seagrams
Dominion
Jan
Jan
23
-
150
•
Dominion
45
—
Imperial Bank
10
Imperial Oil
•
Imperial Tobacco of Canada ordinary_5
2,770
•
Bank
10c
7c
122
100
163
•
Dominion
6%c Jan
2%c
—100
225
A_;
Dome Mines Ltd
36%
__
1
1
Yellowknife
Distillers
8c
45
•
paid
6%
165
3 Vac
9
Hugh. Malartic
9%
10%
1
Mines
Feb
96
—
Dauch
Feb
1.15
13c
J
2,000
Lake
Discovery
Feb
16%
7%c
Ltd
Red
47c
Jan
8%
1
Mines
Red
Feb
15%
International
Detta
Jan
30c
Jan
1.15
7
Decalta
Jan
4c
51%
-
class
11
8%c
39c
7c
Petroleum
Davis
Jan
Jan
Feb
Jan
1
51
D'Aragon Mines
My
40c
10
Feb
Lake
Red
100
_
Feb
5VaC
5,106
Preferred
Crowehore
26Vac Jan
180
—1
15
12,100
161
54 >'2 c
81,300
5%c
7 Va
1
32%c 35 %c
33 %c
10%
1
Mines
Jan
5%C
1.10
161
1.15
Feb
13 Va
10'A
•
common
4%c
Jan
5%c
1.50
•
Exploration
Craig Bit
Jan
11%
1
6%
<•
4c
1,017
3%c
500
55c 56 VaC
100
35
4,000
22c
15c
96
B
24
15
4c
12%
700
98
12c
5
Consumers Gas
Feb
15
4c
12%
4,100
51c
100
4%c
4%c
•
1
A
Jan
Jan
__1
class
19%
25c
Jan
1
Consolidated Press
Feb
3%c
1.50
4c
Smelting
17%
22c
1.50
70c
&
715
3%c
Feb
4c
Mining
Feb
18
22c
Feb
67 VaC
Consolidated
6c
1
Feb
l
Oro:
Feb
Headway
1.39
2
Howey
Jan
4VaC
17%
17%
4,500
Hedley Mascot
1.15
Cadillac-
Homestead
Jan
19c
Feb
3%c
Mines
Lebel
16c
Feb
Jan
400
Beattie
Consolidated
Jan
16c
2.22
4,000
Central
Consolidated
7c
500
14 Va
2,500
Consolidated
Consolidated
24,200
5 Vac
Feb
4c
Consolidated
Consolidated Duquesne
Feb'
11c
4%C
•
Hinds &
58c
43c
Jan
2.01
1.25
1
:
Feb
14
1.40
1
Astoria
36c
16 %c 16 Vac
1
Mines
Hasaga Gold
•
Ansley
Consolidated
Consolidated Bakeries
Gold
Jan
•
—
Consolidated
9,010
Gold
50c
1.21
3 Vac
3 Vac
40c
10c
Carpets
Feb
1.39
1
•
5
Rock
38c
285
38c
11c
4c
4,020
16
Jan
40c
13%
15
40c
15%
Jan
•
2,000
30
Feb
13
1
Harding
10,000
26
100
•
Harricana
2.15
Jan
13%
Bridge
Jan
14%
;
.—
Hard
20
*
common
High
205
-1
Aiabastlne
&
Low
22
Swayze
Brass
Halcrow
Hamilton
Jan
2.03
Yellowknife
Lime
3c
14%
Commonwealth Petroleum
Coniages Mines
Hahn
Gold
Range Since January 1
High
22
1
Lake
Shares
13
1
1
Mines
1.16
—*
Cockshutc Plow
Coniaurum
2.03
Jan
Ibc
Lead
22
10
Trust
2VaC Jan
*
Willans
Cochrane Dunlop class A
Colomac
40c
1
Oils
Feb
1.37
1.00
1.25
5%c
1
Research
19,000
5%c
1.09
1
Chesterville
7c
1234
Cheskirk Mines
6c
1.08
17c
Guaranty
for Week
of Prices
Low
*
T
Guayana Mines
Gull
1.13
Central Patricia Gold Mines
Steel
Coal'
West
1.35
1
•
Oil
Great
87c
Castte-Trethewey
Central
Leduc
Par
High
Low
High
Sales
Range
Last
Sale Price
I
Range Since January
2.50
1.45
1
Week's
Friday
STOCKS
for Week
of Prices
Par
Cariboo Gold
WEEK ENDED FEBRUARY 24
FOR
Sales
Week's
Last
Sale Price
STOCKS
.
MARKETS
LISTED
CANADIAN
Monday, February 27, 1950
FINANCIAL CHRONICLE
18%
1
Lake
Kirklanc^Townsite
1
Ltd
•
5c
Feb
IOV2C
Jan
l
Jan
36
Labatt (John)
19 Va
19%
19 Va
4.45
25
21
Jan
22%
Feb
•
11
11
11%
355
11
Feb
12
Jan
Laguerre
Dominion
*
10%
10 %
10%
60
10
Jan
11Va
Jan
Lake
Dufault
52c
52c
54c
21,700
52c
Jan
60c
Jan
Lake
Fortune
Gold
•
21c
18c 21 Vac
112,600
15%c
Jan
22c
Feb
9%c
4.40
Feb
5.30
Vac
11c
51,000
3%c
Jan
17c
1.08
1.24
32,900
1.06
Jan
8c
Lake Lingman
Feb
1,460
11c
1.2V
5%c
8 VaC
750,000
3c
Jan
31c
35c
9,600
31c
Feb
2,500
5%c
1
Mines
1
4.50
1
1
Labrador Mining & Exploration
22%
Dominion Textile common
4.50
Jan
Jan
Dominion
Donalda
Woollens
Mines
Dulama
Gold
Mines
Ltd
Duvay Gold Mines
22%
22%
Tar & Chem preferred—23.50
6 %c
1
7c
4,000
12c
5,600
6c
Gold
1
Amphi
11
1
_
Steel
Economic
28c
;
—:
Investment
1,750
25c
7,500
23 %c
Jan
2.30
2.30
12,750
2.05
Jan
2.35
5.10
4.70
5.25
47,025
4.40
Feb
5.30
Jan
5%
5%
5%,
370
5%
Feb
6%
47
45
45 Va
Feb
Elder
20
Eldona
El
I
Gold
29c
47
Feb
Equitable Life Insurance
Eureka
"U"
16%
320
15%
Jan
16%
Feb
92,662
36c
Jan
42c
Jan
Lawson
24c
Feb
43c
Jan
6c
Feb
9%c
Jan
Leitch
class
11 Va
11 Va
11
Jan
11Va
38c
Jan
61c
Feb
Jan
Lencourt Gold
42 VaC
42 VaC
75
44c
3,300
—
1.020
4.20
Feb
4.60
Jan
Little
15%
1,020
14%
Jan
16
Jan
Loblaw
Fanny Farmer Candy Shops
1
36
35%
36
675
36%
Feb
Federal
*
10
10 %
200
120%
121
45
5%c
5%c
2,200
2.47
2.60
5,500
8
8
50
_
34%
9
117
Jan
Jan
Jan
■
Kirlcland
Fibre
1
•
Petroleum
—
•
Fleet Manufacturing
Fleury-Eissell common
Ford
5%
Exploration
Globe
Louvicourt
8
Feb
8%
Jan
1.70 Jan
_
Feb
1.25
Feb
MacDonald
Jan
29'A
Feb
Macfie Red Lake
Feb
30
Feb
Macho
8V2C
Jan
14c
Feb
50
25%
Feb
26'A
Jan
93
Jan
93%
Feb
87
87
10
87
Feb
91
2.25
2.25
2.40
6,520
2.25
Feb
18%
18%
18%
107%:107%
321
17%
Jan
2.60
*
,
2.95
common
Jan
class A.
100
Jan.
107%
Feb
2
Jan
3
Feb
105
1.07
300
1.05
Jan
1.25
Jan
1.10
500
1.00
Feb
1.20
Jan
29%
18
6.15
—
105%
1.00
—
m
Jan
1.07
*
ts
common-
20
150
3.00
19
30%
100
29%
Feb
18
18%
290
17%
Jan
,
30
105 105 %
6.10
6.15
2.340
105
6.10
31
—
Gold
_
_
Jan
105 %
Feb
Feb
6.60
Jan
6 %c
7c
8.500
6c
Feb
7
Vac
Jan
2 Vac
2 Vac
5'Ac
4,000
2c
Jan
5%c
Feb
58c
58c
60c
8,300
53c
Feb
65c
3,246
2,000
32c
Jan
36c
Jan
15c
Feb
17c
Jan
Export class
McMillan
4%c
Feb
32c
32c
33c
1
16c
16c
16c
Gold
1
5c
5c
5c
Eagle
Golden
Givlden
Gold
Mines
-
Goldhawk
500
1
—.
Manitou
7c
5c
7c
2,600
2.66
2.62
2.83
16.575
Porcupine
1
4%c
5c
Goldfields
Manitoba
&
-
*
50
—
•
Gordon
Mackay class
A
Great
Manitoba Sugar preferred
Mines
Maralgo
Lakes
Marcus
Gold
For
footnotes
see
page
38,
5c
Jan
4 VaC
5 VaC
69,500
4 VaC
Jan
16%
I6V2
240
15%
Jan
17
10%
10%
200
10'A
Feb
10%
Feb
74C
Jan
82c
Feb
Feb
6c
80c
.1
McColl-Frontenac
common
Preferred
McKenzie
Gold
Jan
7%c
Jan
3.35
Jan
McMarmac
Red
McWattcrs Gold
Jan
7c
Feb
Jan
5c
Feb
Milton
Feb
Jan
Feb
1.34
Jan
6c
4%c
4%c
5c
15,500
4%c
Feb
•
•
•
54c
49c
62c
46,705
45c
Jan
62c
Feb
32
31%
32
540
31
Feb
32
Jan
30 Va
31
320
30'A
Jan
31%
Jan
*
7
6%
7
405
5%
Jan
7
Feb
7c
■>
Feb
10
10
10
20
9
Jan
10
Feb
16 Vac
16 Vac
18c
19,850
13c
Jan
22c
Feb
16c
2.50
15c 16 Vac
20,500
13'Ac
Jan
16 %C
Feb
2.42
2.50
2,525
2.33
Jan
2.70
Jan
28,400
51c
50c
53c
44c
Jan
1
1
1
5%c
5%c
6c
4,000
5c
Jan
7c
Feb
12c 12 %c
12c
Feb
17c
Jan
3.00
3,500
106,175
•
*
9%
1
3.05
56 VaC
3.15
12c
2.90
2.60
2.11
Jan
97/R
10
290
9%
Jan
8%
8%
80
7%
Jan
2.90
3.10
17,325
2.76
48c 58%c
3.25
4,500
8%
Feb
3.15
Jan
53 %c
Feb
Jan
3.45
Jan
3c
Jan
Jan
104 %
Feb
10
5'/2c
1,995
33A
Jan
4.000
13 %c
Jan
5c
Jan
10
Jan
14c 14 VaC
5 Vac
Feo
3.00
Jan
31c
104% 104%
-100
Jan
2c
10,124
2c
Feb-
80c
2.95
199,030
3.15
103
4c
Feb
Feb
6c
15Vac
Jan
Jan
4c
4c
2,000
24%
23%
24%
4,945
21%
Jan
25%
Jan
28
27 %
28
205
27%
Feb
28%
Jan
•
100
14%
13%
14%
1,185
13%
Feb
16%
Jan
99 Va
100
64
.:
52c
52c
54c
4 VaC
6 VaC
41,000
8c
8c
8c
1,690
8c
8c
700
5%
5Va
665
9
*
5 Va
Jan
60c
Feb
Jan,
3VaC
7c
Feb
Feb
9%c
Feb
8
1
Jan
8c
Feb
9 Vac
Jan
Jan
Jan
6
Jan
4c
Jan
1.10
Jan
1.35
Feb
1,310
12%
Jan
13%
Feb
500
12%
Feb
16
Feb
30
16 Va
Jan
18
Feb
3 VaC
4c
1,500
1.25
1.25
1.35
2,800
12%
12%
12%
12%
17%
17%
3.50
3.50
300
•
67- Jan
,
3c
*
Corp
Jan
100
5%
4c
—•
Brick
12c
51c
5,250
6 %c
Jan
61%
115
1
1
Feb
Jan
10c
2,000
63
6c
97
190
10V4C 10 % c
99 Va
52 %
Jan
53
Jan
Class
10
Jan
10 3i
Feb
Modern
19
Feb
19%
Feb
Monarch Knitting common
9
10
10
10%
1*0
17c
Feb
20c
Feb
Monarch
*
11
11
25
1
35c
34c
35c
3,750
20 Va
20 Va
950
52%
50
a
10%
345
19%
25
17c
5"n
25
4'Ac
Feb
101
5.418
5,000
Feb
7c
Feb
52%
15%
4 VaC
95
90
42%
4%C
2%c
85
14%
Jan
Jan
1,200
95
42%
1.15
Feb
2c
91
15%
33,850
_1
Lake
4%c
42%
3,900
1.34
8
Porcupine
Red Lake
McLellan
3%C
17c
80c
1.24
•
McDougall Segur
4,800
2c
78c
1.33
1
Preferred
31,600
Jan
16'A
•
20
Massey-Harris common
5c
•
Paper common
Jan
—1
7c
t-
A
4c
1
4c
19%
_
10%
1
Bousauet
Preferred
*
95"
t
Grafton & Co class A
Graham
4,500
Eastern
Mercury Mills
Mid-Continent Oil
2.51
2c
1
Mining
Preferred
4V'aC
2c
Consol
Malartic
Mining
Goodfish
Goodyear Tire & Rubber com
A
Madsen Red Lake Gold Mines
6 Vac
*
Mines
Goldora
-
1
Arrow
Mines
B
Class
McLntyre
•
Goldale Mines
Lake
Jan
4V2C
1
Gold
Jan
1
.
...
Oil
God's
19'A
18
1
MacLeod-Cockshutt
Martin-McNeely
1
—
Feb
Jan
18%. Jan
1
Lake
200
Jan
•
..
18
1
Mines
River
Magnet
.
Jan
18
1
Mines
Macassa
Feb
75
__
....
Jan
7.35
*
1.20
6,100
100
....
Goldfields
1.20
28 %
2.40
Feb
1
Lynx Yellowknife
24
Feb
6.25
*
Feb
Va
*
Preferred
common
Class A
Feb
98%
_
Wares
Mills
2.90
25
...
Steel
Hosiery
6 %c
98%
com
Giant Yellowknife Gold Mines
Gillies
12c:13 Vac
class A
B
Class
London
Jan
Jan-
25%
25%
•
Power
General Products Mfg
Glenora
55
m
A
General
30
Groceterias
2.05
5 V8c
1.90
634
Jan
Feb
100
preferred
Petroleum
Class
28%
12c
Bakeries
General
28%
<:
preferred i.:
General
2,482
—
10%
124
100
common-
(A Ji
Gatineau
100
27%
Gold
Cos
Frobisher
700
1.20
27
•
Preferred
Freiman
1.25
1.20
27%
—
Foundation Co
Francoeur
1.20
1.20
<1
•
Motor class A
Fraser
2.48
<=
Products common
Jan
2,600
1
Lac
Long
4.25
15
Federated
Jan
64c
1.99
1
Lexindin Gold
4.20
Federal
Jan
14'A
6.50
<1
B
Gold
15
common
6c
Feb
Jan
1.90
5C
Leduc-West
5,000
4.25
Grain
Jan
12%
50c
6.25
•
52,975
•
Preferred
Jan
1.90
.3
Jones
&
30c
»
Nickel
Players
Feb
43c
6.50
Mines
6V2C
1
Falconbridge
Famous
16.900
.1
Secord
24c
—2
Corp
2,510
56c
~
Lapaska Mines
6 VaC
l
,
12%
Lang & Sons___.
Laura
16
45c
Gold
Sol
5%c
12%
53 Vac
8 V2C
•
37c 50 %c
16
1
Mines
~
"
Jan
47
5 Vac
12%
54 VaC
1
__
Jan
Jan
1.34
*
Larder
Eddy Paper class A
Mines
Jan
4c
25
.
Shore
Jan
5 %c
24c
1
-T
Lake
Jan
*
Mines
Eastern
Jan
6c
1
Mines
Sullivan
14c
2.15
•
Leduc
Malartic
Feb
Feb
24 Vac
•
East
*aut
11 %c
4c
East Crest Oil
East
Vac.
1
1
Lake Rowan (1945>
East
—T
9
Modern Containers common
*
12%
A
Tool
14%
Jan
15%
Feb
Moneta
40
Jan
43%
Feb
Montreal
Works
Mortgage &
Porcupine
Locomotive
*
Inv
•
20%
3
Jan
4%
Feb
9%
Jan
10%
Jan
Feb
11
Fob
11
33VaC Jan
20 Va
Feb
38c
Jan
22%
Jan
Volume 171
Number 4885
THE
COMMERCIAL & : FINANCIAL
CANADIAN
RANGE
Friday
STOCKS
Week's
Range
Corp
common
•
A
25
Morrison Brass
Low
75 Vi
—
Drug &
3.00
182
New
300
Feb
class
27 Vi
B
Feb
Stadacona
Feb
Standard Chemical
Jan
39c
Feb
6c
7c
2,000
6c
Jan
7Vic
Jan
36%
50
34%
Feb
9
100
0%
Jan
11
310
22%
32c
23
32c
Feb
Jan
22
12Vi
Jan
23
Jan
Preferred
I,700
30c
Feb
38c
Jan
41
95
40 Vi
Feb
42 Vi
20
20 3i
670
19Va
Jan
21
Feb
1.43
1.50
5,556
1.41
Feb
103
103
30
Paving
101 %
1.68
Jan
8 Vic
2,167
1.00
1.07
17,300
69c
67c
70c
9,900
67c
103 Va
Feb
Stanley Brock class
Class B
Starratt
Olsen
Gold
8c
'
Jan
1.00
of
New
48c
Jan
35c
Feb
50c
Jan
Jan
88c
.Jan
Jan
4c
3%c
Sterling
12,600
60c
6,650
3c
8c
8 Vic
7c
7 Vic
5,555
4c
Feb
7Vic
Feb
Sullivan
13c
2,000
9c
Jan
13c
Feb
O'Brien
3c
2,700
58c
175,500
1.12
1,405
1.07
Feb
5,608
66Vi
Jan
71
16c
500
65c
15,515
60c
2.60
2.65
11,930
9C
Oil
Mines
Ltd
22c
11
121
Feb
Feb
Feb
25c
Jan
Jan
9,500
4 Vic
Feb
21,675
Feb
2.70
Jan
1,000
41c
Feb
50c,
Jan
5c
5V»c
2,500
3c
Jan
6 Vic
Feb
1.52
1.54
2,605
Feb
1.66
Jan
14 %c
__
•
14c
*
29
River
1.54
*
3%c
2.31
14c
14c
29
3,500
6Va
.
12c
Jan
121
29
Feb
220
29
6Vi
—
1.45
6
Feb
31
Feb
-
Jan
6%
Feb
3.20
Jan
Teck-Hughes Gold Mines
Thompson-Lundmark
2.95
2.93
2.99
3,659
2.92
Feb
•
10c
-73/4C
10c
42,000
6c
Feb
10c
Feb
1
38 Va
36c
39c
2,300
36c
Feb
44c
Jan
17c
15c
18c
41,000
12Vic -Jan
18c
Feb
1.25
1.25
1.28
3,500
1.36
Jan
ll3/4
11%
ll3/4
50
12
12
150
7c
7%c
Tombill
Gold
1
_
lOVic
Jan
Jan
IIV2C
Jan
Toronto Iron Works
Feb
9 Vic
Jan
Toronto
1134
Feb
10%
8,000
835
Iron
Towagmac
10
Jan
534
Jan
1.80
Jan
class
Feb
Jan
Traders
*
26Vic
Jan
Transcontinental
1
:
Petroleums
Finance
10
—*
A.__
Exploration
2.05
6
common
Works
Tower
Feb
7c
1
class
A
36c
•
10
36c
375
1,500
-
42c
27 Vi
27 Vi
1.20
273/4
27,600
235
10
Jan
Jan
10%
Jan
11
Jan
12
Jan
113/4
Jan
12 %
Jan
7c
Jan
9c
Jan
35c
Jan
50c
Feb
•
"
8 V
20c
Jan
1.65
Jan
2
25 %
Jan
28 Vi
Jan
J*
49V2C
47c
50c
11,300
47c
Feb
*
59c
Jan
25c
25c
30c
Union
14,900
15c
Feb
•
35c
Feb
16V,
16%
Union
4,305
14%
Jan
163/4
Feb
11c llV»c
United
11c
Corp class B
3,800
Jan
Feb
22c
Transvision-Television
Jan
2.24
Feb
Jan
Jan
8c
Feb
13Vic
Jan
Jan
Fuel
Mining
44
80
7 3/4
3,545
534
Jan
11c
5,500
8V4C
Jan
1.12
1.07
Jan
1.30
lOVic
Jan
955
15 Vic
5Vec
Feb
V8c 12 Vac
5VaC
4.60
45 Va
47
1.40
Vi
1.49
Jan
44
734
Feb
Jan
United
6c
Jan
Upper
26 Va
27
420
26
Jan
283A
54
54
54
50
52
Jan
55
Jan
2IV,
21%
85
21
Feb
2,2%
Jan
3.75
4.05
10,775
Jan
4.30
Jan
25
4.90
Jan
47%
Feb
Ventures Ltd
Jan
1.58
Feb
Feb
5c
Feb
Villbona
__l
Vicour Mines Ltd
4c
1,773
3,100
4c
4c
31c
4.850
17c
7,000
30c
Jan
3c
Feb
8,000
47Vic
Feb
6,000
16c
Feb
8c
3.000
8Vic
Feb
2Vic
4,000
2c
Jan
3c
Feb
35c
39c
6,000
35c
Jan
41c
Feb
26VaC
26%c
9,200
20c
Jan
32c
Jan
1
8.00
7.95
8.10
5,800
Feb
9.50
40V,
40
40%
2.915
36
Jan
63c
Jan
40%
Feb
10
200
9
Feb
1.0
Feb
7c
Feb
8Vic
Jan
5c
Jan
9c
Jan
21c
Feb
*
Westeel
4c
5,000
21,500
1
West Malartic
Jan
Feb
3c
Jan
4Vie
Feb
Western Grocers
68c
Jan
82c
Feb
1
common
45
45 Vi
881
95c
2.800
86c
Jan
81c
82c
1,200
76c
Jan
1.05
163i
290
Wlltsey-Coghlan
1
15Vi Jan
17%
Jan
Winchester Larder
13
625
1
12Vi
Jan
1334
Jan
Wingait
1
1.71
Jan
1.98
Feb
Winnipeg
1.78
31,905
74c
74c
500
7c
7 Vic
6,500
4234 Jan
45Vi
Feb
1.10
70c
Feb
1.00
Jan
6%c
Jan
7Vic
(George)
40c
17c 17 Vic
1,000
Electric
5,600
34c
Feb
40c
100
•
Yale
17c
Jan
20% c
Jan
4,300
75c
Feb
1.03
Jan
Yellorex
19.232
96c
Feb
1.17
Jan
Yellowknife
18 Vi
Jan
23%
Feb
York
57c
Feb
97c
6,245
63c
48,300
2.05
4c
.
2.60
2.05
4
%
c
2.60
1,700
2.05
Feb
2.55
2,500
100
Feb
434c
2.50
Jan
3,00
Lead
&
Zinc
2%c
Jan
195
8V2
Feb
10
Knitting
Jan
9
10
340
Feb
93ic
10
6,100
Mines
class
Jan
11c
4,000
7Vic
Jan
14c
Feb
49c
Jan
—
IT 0
28c
9 Vic
30c
6,800
V,
28c
27
27%
770
27
Feb
10%
10%
28
150
Jan
lOVi
Jan
9.55
16,050
11c 13 V»c
126,800
3c
3 %c
19,000
19%
—
19%
275
103 Vi 103 Vi
— —
89%
•
10
8.85
Feb
9.80
Jan
10c
Jan
I8V4C
Jan
3c
Jan
47/ac
Jan
1734
Jan
19 3/4
Feb
103V2
Jan
14 %
200
103%
32
175
14%
Jan
27
Jan
893i
32
Feb
85 V2
Jan
90
Feb
50 Vi
Jan
52%
Feb
4.05
Jan
65
53
'53
53
10
3.50
3.65
940
Gold
233/4
1
Gordon
1
1
Dairies
—
class
Simpson's Ltd class
A
1
•
Asbestos Corp
B
•
Preferred
Brown
Co
3.50
Feb
and
Canada
footnotes
see
page
38.
35%
34%
35%
1,903
33%
100
100
75
99 3/4
3Vic
3Vic
1,000
3%c
Feb
2.07
2.19
4,370
24V»C
25c
5,000
24c
Feb
30c
Jan
18c
19c
1,300
17c
Feb
21c
Jan
92c
9c
Feb
Jan
l2c
53/4
Jan
Feb
6%c
Jan
Jan
37%
Jan
Jan
4
—
-100%
2.07
Jan
4Vic
Jan
__
2.07
Jan
82c
7,200
75c
Jan
1,610
2
Feb
1
Vinegars
Dominion
2.27
Jan
Jan
2%
Jan
Jan
Exchange-Curb Section
Week's
Sales
Range
for Week
of Pi ices
Shares
Low
.High
5V»
5 V,
5 V,
110
253/i
25%
25%
50
147
147
10
4.05
1,340
3.95
3.95
99
__
100
135
3.90
8.90
1,000
22Vi
Canadian
Industries
•
2214
22
*
Morse
12 Vi
.12%
12%
—
40%
41 %
21%
common
com
Feb
5c
Jan
Canadian
6V2C
Jan
Canadian
Western
Feb
32c
Range Since January 1
Low
High
5%
Jan
24Vi
Jan
135
3%
92
8.90
Jan
Feb
Jan
Feb
6
263/o
147
43/0
104
Jan
Jan
Feb
Feb
Feb
9.75
Jan
Feb
253/4
Jan
10c
Jan
15c
15
Jan
I6V4
3.80
1,030
22
Jan
223/4
Feb
5
12
Jan
13
Feb
275
39
Jan
.42
Feb
213/4
365
21%
Feb
24
Jan
4Va
4,625
23/4
Jan
,
4%
Feb
Jan
233/i
1
Vickers
Feb
*
—
Canadian Marconi
4c
25c
233,4
32c
24
41,600
755
11 Vic
12c
16
16%
60
1.10
1.10
1.15
1,000
10,796
3.000
2.23
2.16
2.30
20 Vi
20 %
25
21 Vi
21%
290
20 Vi
21
255
24c 27 %c
30,200
26 %c
Sugar
Fairbank's
17 Vi
25
G7c
66c
69c
56,500
25c
..
1.10
1.91
20
Feb
Jan
Jan
20
1.20
2.38
20
98
93%
99
945
3.75
3.65
3.75
3,170
Canada Westinghouse
Consolidated Paper
*
58 V,
58
58 V4
120
•
19V,
18%
19Vi
3,060
Feb
Dalhousie Oil
•
34c
34c
36c
15,500
Feb
Dominion
•
43
43
43 Ve
245
•
3.75
3.50
3.75
2,550
*
27
27
27%
55
40%
39%
40%
915
115
115
5
Jan
Foothills
Lumber
Bridge
Oil
Hayes
Steel
—
Jan
2134
Feb
International
Jan
21%
Feb
Preferred
Feb
38c
Jan
International
11%
Feb
17 Vi
Feb
43c
Jan
69c
Feb
Minnesota & Ontario Paper
Ogilvie Flour common
Jan
10
Jan
19
Vi
24c
Oil
9%
10
1,068
28
28 Vi
230
28
Jan
25
25
30
25%
Jan
950
25
Feb
27
Jan
9%
Paper
Pend
Price
Utilities
3%
56
Jan
99
Feb
Jan
3%
Feb
Jan
58%
Feb
17%
Jan
19%
Jan
34c
Feb
45c
Jan
40%
Jan
44%
Jan
Jan
4.00
Feb
Feb
28%
Jan
3.15
99
Feb
34c
IOOV2
Jan
1,500
33c
Southmount
Jan
75c
36c
82c
Feb
52,250
67c
Jan
35
82c
Temiskaming
34
Feb
35%
1,645
32%
Feb
36
Jan
—
Jan
Feb
41%
115
Feb
Feb
19%
20Vi
1,625
193/4
Feb
22%
Jan
_5
18%
18Vi
18Vi
575
17%
Jan
18%
Feb
*
20
20
Feb
—
1
.*
Investment
*
Mining
City Rapid Transit
Yukon Consol
37%
115
20
*
—
Bros
98%
*
27
5
Oreille
81c
Twin
7%
common
-
Selections
98%
98%
89
Jan
Jan
10
205
__
*
•
20
_
4%c
2.05
5
Canadian
33c
Co common
5,000
100
Canada
1
_
2,200
5,400
4%c
100
common
Preferred
100
-
9%c
5Vic
4%c
79c
*
Pulp preferred
5c
161/4
_
_
9c
5%c
Last
i
British Columbia
500
28
A_;
Jan
Jan
9c
2.00
*
3,000
17 Va
Mines
Feb
34
26
101%
4%
Par
4c
20 Vi
certificates—
Silanco Mining
Silknit Ltd common-
Jan
82c
Andian National
5 Vic
21V,
common
32
5%c
<•
Friday
4c
20 V,
-
preferred
Breweries
Feb
Sale Price
5c
——
28c
*
Feb
99%
Feb
123/s
Jan
32
89
14 Vi
3.65
--50c
23%
180
Canadian Funds
Bulolo Gold
—...
class A
25
850
2.00
STOCKS
Jan
IOV2
9.15
1
_
34
24%
*
Toronto Stock
Jan
CO
—
Mines—
Jan
Feb
common
Gold
Jan
31%
1
.
B
Jan
7c
13c
Winnipeg Brew
9%c
Jan
Jan
4,000
8%
9c
9.20
com
Feb
24
1
Bear
Feb
2%c
8 Vi
9 Vi
Mines
Shawkey (1945)
1
Mines
Jan
3c
4c
2%c
_
27%
10 Vi
Senator
35
Jan
23
57c
29c
Gold
Jan
7c
29%
750
|
Jan
22%
9c
—
51
34
1
Wright-Hargreaves
10
Lawrence Corp common
•
.
Feb
9 Vic
Rouyn Ltd
Shawinigan Water & Power
common
Preferred
80c
__
St Lawrence Paper 1st preferred
2nd preferred
Jan
Jan
Feb
1.05
60c
preferred
7c
20%
49
100 100%
24%
100Vi
Gold
75c
73
Power
•
___10O
common
Preferred
1.00
— —
Industries
7c
__
Weston
Feb
Winora Gold
40c
— —
1st preferred
1.98
22%
—
10
Feb
16 Vi
2,000
51
30%
•
90c
-
17c
Bank
7.90
500
5%c
7c
*
;
Class A
7c
5c
51
5c
•
__
79c
Royalite Oil
Roybar Chibougamau
Rupununi Mines
7c
1
,
Products
Western Ashley Minerals
1.05
Co
28c
Feb
1.95
7c
Lac
6%c Feb
6Vic
•
3.45
74c
common
Jan
•
(Htram)
(G & W)
Waterous Ltd class A__
10c
40c
Little
7.05
6.20
2Vic
12%
—
Feb
Feb
3,759
Jan
37c
1
Amulet
1.80 Jan
81c
_
3.50
Walte
3.15
1.90
*.3.91 Feb
Vulcan Oils
2,300
-
6.50
Jan
7%
Walker
Jan
2,530
4c
6.20
2,6c
Feb
Feb
45,933
75c 79 Vic
6.20
Jan
6%
Jan
10c
-
14,766
19c
4c
1.90
76c
3.35
*
1
-
Mines
3.40
Jan
210
1
Gold
1.85
Jan
2,700
'
•
3.35
7Vic
21c
6%
3.10
3.30
-
Wekusko Consol
9c
19c
6%
3.60
34c
24V2C
Feb *
29%c
-r
.
Violamac
19c
—
1.23
5,745
4.05
•
Mines
Jan
"
—
•
Steel
Canada
44 Va
20c
18c
preferred
•
1,050
4c
18c
A
Hill:
4.20
19c
51c
class
Glass B preferred
9,195
47 %c
16%
Malartic
26 Va
50
Jan
11c
Feb'
__
*
Oils
2.000
Feb
United
39
16%
1
Keno
9,300
Feb
United
1.18
12
45 Vi
trust
Resources
Gas
42
4.35
——
Gold
Royal Oak Dairy class A—
For
Jan
Feb
Jan
Feb
41c
7c
23,500
7%
9c
Gold
Slater (N)
,2.99
2.25
10
2.62
1
1.88
Mines
Gold
Feb
4V»c
63/4c
8c
50
_
Siscoe
7c
4c
•
7%
Robinson Cotton
Sladen
Feb
Jan
41c
Sylvanite Gold Mines
3.40
Mines
Gold
Class
Feb
21%
2.35
1
4c
MacDonald
Silverwood
108
4c
Toronto Elevators
31c
Gold
Miller
Jan
Feb
2.60
Torbrit Sliver Mines
48c
Regcourt
Silver
Feb
121
Feb
7Vi
19c
.
Quemont Mining
Quesabe Mines Ltd
Voting
Jan
Feb
22
6c
2,850
Jan
334 c
1.43
Quebec Manitou
Queenston Gold
Sicks'
23c
10c
89.200
47 Vi
Labrador
Sherritt
22c
17 %
106 V,
Feb
20%
15
22c
Feb
Jan
102%
300
1
Feb
72c
Jan
100% Feb
3 5,169
11
121
45c
6c
Gas
Gold
Shirriff's
2.46
11
121
Jan
Vic
—
Quebec
Creek
2.30
»_
Feb
5Vic
Tubes
Quebec
Shea's
2.40
9c
2,190
4
4.40
Prospectors Airways
Purdy Mica Mines
Sheep
5,000
39c
17c
Peninsular
River
7c
50c
9c
Corp
Sannorm
7c
1,000
500
1.12
East Dome—
Sand
Jan
5c
II,300
12 Vie
Reef
Antonio
Feb
13,800
_
Preston
San
Jan
2.80 Jan
18c
Metals
St
405
1,000
1.85
,
*
Pressed
Saguenay
21
9c
300
44
Voting trust certificates
Russell
4c
70c
23c
Powell Rbuyn Gold common
Royal
16%
20%
40c
6
7'/a
River
Oils
Jan
2.08
4 %c
Pioneer Gold
Roxana
315
678
7c
T-amblyn Ltd common
Taylor Pearson common
1.80
Piccadilly Porcupine
Rochette
17
Feb
5%
Feb
Feb
Jan
1
Feb
23c
..
Long
17
100 Vi 102 Va
65c
32
United
Gold
Roche
Feb
__
6 3/4
Malartic
Robinson
5%
15,500
•
Feb
17 Vic
—
Reno
250
70c
16%
Jan
Feb
>1
Jan
1.18
17 Vic
Paymaster Consol
Reeves
5%
65c
20%
Feb
1.80
Cadillac
Renabie
5%
70c
125
6c
7c
—
Power
8
105
Cons Mines
16c
1.85
Porcupine
Porcupine
Feb
102Va
57,100
7c 11 Vac
1.85
common
Hershey
Powell
8
102 Va
9c
;
Mines
Porcupine
125
Jan
20%
40c
Petroleum
Crow
53/4
8
690
10c
9c
(Eastern)
Pickle
Feb
__
Sudbury Contact
71
15c .Jan
10,500
6
Pacific
&
5
Feb
Toburn Gold
10 %
Gold
Oil
27%
600
1
20%
6c
9c
Pacific
Petrol
13%
120
5%
8
1
Taku
2.60 Feb
4%c
...
Western
5,280
32
5
Feb
60c
7%c
Osisko Lake Mines
Parbec
60c
16c
Orange Crush
Perron
Jan
Jan
68%
.
Steel
Pandora
4c
40c
4c
Beauty Supply preferred-
Pan
Jan
2.64
Ontario
Page
IOV2C Jan
23/ic
70
Ontario
Pamour
Jan
63c
Mines
16V,
29
100
Surf Inlet
1.07
—
O'Leary Malartic
Omnitrans Exploration
Osulake
8c
16c
Gold
Orenada
4,250
45c
53c
Ogam a-Rockland
Okalta Oils
14%
20%
Superior Oils Ltd
Star Oil common
Preferred
16
32
__100
Coal
11c
Inca Gold
North
Feb
Jan
■„
Mines
91
5
Sterling Trusts common
Sturgeon River Gold.—;
Northern Canada Mines
Northern Extension
Northland
Jan
86
20%
Steep Rock Iron Mines
11,974
Norpick
North
10
lOlVi
i__,
w
72c
3c
,
91
*
preference
47c
...
Gold
Norseman Mines
91
•
Steeloy Mining
65c
8C
Normetal Mining
Feb
Jan
• Feb
7c
Mines
10
25
41c
Oils
Corp
Jan
5
common
i)
(w
Jan
Noranda Mines
Norlartic
83/i
•
Canada
Preferred
Jan
1.32
70c
Co
New common
Feb
9c
Feb
Steel
Jan
—
Nordon
Jan
1,460
~
1
31c
Merger
Mines
9%
*
__
29,850
3 Vic
Nipissing Mines
62c
*
44c
Thurbois
Nicholson
Feb
•
A
70c
Yellowknife
53 %c
*
41c
Pacalta
2,520
57c
•
>
38c
Nor zone
Nib
common
Radio class A
Stedman Eros
1.01
Newlund Mines
Rouyn
.21%
12 %c
100
39c
New
57c
High
Jan
Jan
Feb
8c
New
53Vic
Low
10c
__
20%
Jason
11,500
20%
•
—1
Preferred
Standard
Feb
34c
,__10
Mines
12c
,
11
545
9 V,
40%
—
Car
11c
9Va
•
common
200
Feb
37
Mines
21%
Range Since January 1
High
21V,
21%
Brazeau
3
16c
22%
preferred
Shares
Low
_•
Feb
1.50
Steel
Co
3
11
Mines
iWmi
South
for Week
Par
-
Southam
Sales
Range
of Prices
__
Jan
67,100
common
Hosiery
Calumet
New
Jan
Standard
Dickenson Mines
New
Feb
263a
9
New Goldvue
New
298
78
38c
Alger
New
High
Feb
33c
36%
Petroleum
National Sewer Pipe class A
New
225
com
National
Negus
100
27%
3.00
—
common
Chemical
National Grocers
National
300
27
75
—
Breweries
Neilson
Low
325
Week's
Last
Sale Price
STOCKS
37c
Mylamaque Mines
National
77
298
___*
National
24
Range Since January 1
High
75
27%
Mosher Long Lac
National
MARKETS
FEBRUARY
Friday
Shares
ioo
Preferred
ENDED
for Week
of Prices
Par
Preferred
LISTED
WEEK
(881)
Sales
Last
Sale Price
Moore
FOR
CHRONICLE
1
common
*
1
5.50
—
—
—
—
—
20
20
475
20
Jani
3Vic
3V,c
500
3 Vic
Feb
4c
Jan
5.50
5.50
640
5.40
Feb
6.00
Jan
66 V,
67 Vi
320
Jan
41c
633/4
Jan
69%
42c
35
41c
Feb
42 %c
6Vic' 6 Vic
1,200
6c
Jan
8c
Jan
10
10%
175
8%
Jan
11%
Jan
57c
57C
1,000
Feb
57c, Feb
57c
Jan
37,
38
(882)
COMMERCIAL
THE
&
FINANCIAL
CHRONICLE
Monday, February 27, 1950
OVER-THE-COUNTER SECURITIES
Quotations
for
Friday, February
24
Investing Companies
Mutual Funds—
Affiliated
Amerex
Fund
5.92
6.50
Loomis
Sayles Mutual Fund.
~M%
Inc
Holding
4.25
4.60
Loomis
Sayles
Corp
10
.
1
Fund Inc
Fund B
Axe-Houghton
Axe-Houghton
Beneficial
35%
34%
3.91
8.04
15.39
6'A
8.69
16.73
7%
_M
Corp
Bond
Inv
1
Fund
Boston
21.49
9.17
17.16
1
19.38
18.55
21.24
Bullock
Ltd-..
Fund
4.16
4.04
4.45
share3_Mc
3.32
3.66
Furnishings shares—Mc
3.81
4.20
Petroleum
Steel
Mass
15.36
16.61
Mutual
4,420
1
5.88
6.39
1
Delaware
14.59
Shares
1.73
1
27.82
29.74
1
18.70
4.08
27.80
Balanced
Industrial
Financial
Inc.l
Fund
2.00
First
Boston
First
2.20
Mutual Trust Fund—
—_—10
Corp
-
series-
stock
_
stock
Common
Fundamental
Gas
lc
series
Inc
Investors
2
6.24
5.35
5.86
15.44
16.92
1
16.39
53.55
—lc
7.04
lc
6.34
6.42
shares
lc
7.78
shares
lc
6.58
shares-lc
10.31
5.02
bond
General
7.30
bond shares
7.71
7.02
9.39
—lc
6.01
lc
lc
lc
shares
Mining
Petroleum
Railroad
RR
shares
shares
Bond
r.
Shares
lc
i_Mc
Equipment shares
stock
Railroad
shares
lc
-lc
shares
Steel
Utility shares
l%s wi July
1
9.81
10.61
6.94
7.58
Dollar
1%S
Corp
April
1955 1953-
1,
Oct
101.28
102 2
100.3
1957-1955
1,
100.7
Price
Ask
Bid
Maturity—
Ask
Indebtedness—
of
Certificates
6.56
6.84
7.48
4.47
3.04
1
4.86
6.70
3.68
4.02
4.06
4.44
-
Series.....
_
.
1
4.68'
4.98f
5.14
'
5.47
4.68
5.14
6.16
6.76
15.78
.0442
.0543
1,
1950
99.9822
.9940
llVaS Jan.
l,19ol_
99.9690
.9857
-
1%S wi March 15,
100.5
1955.
100.6
.
Federal Intermediate Credit Bank Debentures
Bid
Ask
6-
1-49
3-
1-50
bl.25
1.15%
1.55%
7-
1-49
4-
3-50
bl.30
1.35%
8-
1-49
5-
1-50
bl.30
9-1-49
6-
1-50
bl.30
1.15%
1.30%
7-
3-50
bl.30
1.15%
1.30%
Dated
•
Due
Dated
Rate
Bid
Ask
bl.30
1.15%
Due
16.97
Inc—
—1
10.04
11.00
6.62
7.25
7.91
1-50
1.30%
11-
1-49
1.15%
1.30%
12-
1-49
9-
1-50
bl.30
1.15%
1.15%
1,30%
1-
3-50
10-
2-50
bl.30
1.15%
2-
1-50
11-
1-50
bl.30
1.15%
3-
1-50
12-
1-50
bl.30
1.15%
8-
8.67
12.73
1.35%
—1
8.86
9.71
1.30%
1
11.89
13.03
—1
10.87
11.53
stock
1
„
_
_
11.62
—1
4.10
3-49
11.53
wi
12.35
10.52
10-
4.49
11.27
preferred stock —1
10.38|
13.14
14.40
—1
stock
United States Treasury
11.38
1
equipment
1
10.09
1
11.05
12.11
Metals
1
8.50
9.32
I
15.20
16.66
Pacific Coast Invest Fund- —1
10.84
9.39
Bid
11.88
8.57
Bills
Ask
Bid
Ask
11.06
—
___
Mar.
_
Mar.
9,1950—-.—
Public
Utility
Railroad
1
-
1
5.66
bl.M
16, 1950—^
51.14
1.04%
Mar.
23, 1950-
1.06%
Mar.
30,
1950-
bl.14
bl.14
6.28
6.88
8.29
;
11.62
1950———
bl.14
1.04%
Petroleum
Putnam
&
—5
Fund
16.07
6,
17.28
2.49
bl.M
1.06%
bl.M
1.07%
May
11,' 1950—II—IIZ
bl.M
1.08%
May
18, 1950—
bl.M
1.08%
bl.14
1.10%
4, 1950—
May
-
1.06%
-
-May
2.73
Fund
Investors
April
15
_.M
Trading
(Geo)
1.06%
.'
12.73
Tobacco
Republic
1.06%
9.09
1
equipment
Steel
13,1950— —
1.02%
Mar.
6.20
1
__1
_
Railroad
April
bl.14
bl.14
V bl.14M.00%
2,1950
,
Oils
4.06
3.69
100.0340
100.0215
11 %s Oct.
100
1950
100
1.55%
.,1
Fund
Machinery
Merchandising
2.76
1,1950
.0358
tl'As Sept. 15,
99.31
99.31
1954—
15,
.0305
100.0281
7.32
—I
Insurance
8.10
100.0078
1,1950
5.31
1
1,1950
:!:i%s June
3.32
—1
100.1
4.89
—1
fl'A S.Apr.
100.5
»%s July
1951
1,
1,1951———
l%s March
7.17
1
1
M
Series
100.4
100
1950
1,
l%s Oct.
_
Stocks
Electrical
5.61
2.50
lc
-
15.35
Diversified
9.02
v
7.39
lc
shares
Tobacco
8.23
5.11
J.%S
119%
Bid
Maturity—
Diversified Industry
6.59
Merchandising
14.30
...
Diversified Investment Fund.l
9.63
shares
99^7
99 28 10°'2
U. S, Certificates of Indebtedness
Corporate bond series
9.86
8.79
Priced
1
__
Building supply
7.70
lc
Low
99^J
'
100.5
118%
Treasury Notes—
Com Stock Series
Chemical
8.45
lc
Investing Company shares._lc
Institutional
16.45
Group Series
Low Priced
Bank
8.00
lc
shares
14.88
Aviation
5.51
Industrial Machinery shares
__1
Agriculture
11.29
lc
Frilly administered shares—lc
15.39
Automobile
7.22
,
14.16
Series
England
8.53
Chemical
shares
Boston Inc_ —1
Bond
York
7.04
Building
Food
99 07
13.89
Stock
New
6.95
—lc
Electrical Equipment
12.85
Series
New
7.72
Aviation shares
Inc_l
Fund
Rate
5.52
Automobile shares
100.2
1961
30.72
Industrial Stock Series
57.58
5.11
Agricultural shares
Priced
Selected
Securities-
Group
8.20
28.42
interest—1
Security Series—
Stock Series
17.72
^—1
1
Corp
Ask
99 93
4.51
6.84
Inc
Fund
Capital
V
Bid
1952-1950
1
4.40
Securities—
Speculative
6.00
5.40
Investors Trust—
Industries
General
General
<
*
3.99
Fund
Preferred
'
lc
point
^
4.34
7.48
series
Income
33%
32
1
Franklin Custodian Funds Inc—*
Preferred
Low
4.29
30.05
Fund Inc
Fidelity Fund Inc
May
2%s Feb.
Cooperatives—
1953—4——---
4.09
2nd
of
Nation-Wide
19.89
20c
5
Fund
Stock
Equity
for
1,
Canal 3s
—1
Fund
Bond
._
Bank
1%» Feb.
Panama
Trust—
Investors
National
Balanced Fund
a
,JM ,an' '• 1953"1951
3.49
3.94
Central
lc
National Investors
Howard—
&
Eaton
100.2
L%s
issuer
Other
Mc
Mutual Invest Fund Inc
16.05
1.57
Fund
Dividend
32nds of
more
142
J 37
_____25c
Commonwealth Investment
3.16
.
beneficial
of
40.61
—100
100.3
100
1951—
15,
or
Federal Land Bank Bonds—
Ask
100.1
1950
15,
Fund Inc__ 10c
shares
Bond
Investors
Mass
lc
Mc
Metals
shares
Manhattan
1
Preferred
Industries
shares
Paper
37.74
Christiana Securities com- —100 :4,270
Bid
3.82
3.77
Eanks—
Loan
1.35$ Sept.
l%s Feb.
3.46
1
Fund
Chemical
Federal Home
48.58
Mc
C'tfs
Century Shares Trust
47.61
shares
Non-Ferrous
9.18
5
100.27
General
23.23
10c
Broad Street Invest Corp
98.26
Equipment shares-lc
Electrical Equipment shares_lc
101.98
Bowling Green Fund Inc
*
Business
3
.97.90
1
Inc
2%
4
America
of
Tr
Figures after decimal represent one
Ask
Second Fund.M0
Automobile
Home
Blair Holdings Corp
Bid
Managed Funds—
4.23
1
_5
Business Shares
American
Obligations Of Government Agencies
Par
Mutual Funds—
1
Securities
Aeronautical
Ask
Bid
Par
„1
Banks & .Trust
Bid
Par
Scudder, Stevens & Clark
25,
1950-
Companies
Par
Ask
Bid
Ask
*
Fund
Plan
Howe
Fund
Inc_.^_
Income Foundation
Fund
1
MGc
Investors
Incorporated
5
4.54
1.80)
23.07
4.91
1.95
24.95
Institutional Shares Ltd—
Aviation
Bank
Group
Insurance
lc
Co
lc
Investment
Trust
B-2
(Medium Grade Bds)
(Low Priced Bonds)
(Speculative
B-4
K-l
(Income
K-2
9.32
15.04
15.38
Street
Television
Trusteed
27.51
28.77
1
24.26
26.46
1
17.16
18.72
Bonds)
1
10.18
Union
16.11
12.10
Bank
21%
22%
Bank
Series
Stks)_l
Stks)M
23.83
57.25
Bankers Trust
11.37
12.39
Brooklyn
25c
74c
83c
Chase
18.63
6.58
Fund
Street Investing Corp
Wellington Fund
1
10.13
—1
Shares.
—
--a
11.01
10.61
10.82
1
18.35
20.02
1
17.14
18.43
Wisconsin
1
3.76
4.06
Investment Co
26.00
32.98
15.65
17.08
13.78
5.01
5.47
1
4.95
5.43
Series
Fund—___25c
2.48
2.71
Series 1956
Diversified
Series
Trustee
Shares—
E
2.50
North
Anier
Trust
7.71
8.90
1
Independence Trust Shares
2.28
2.58
Shares—
1955
1
Co.
Empire Trust
(J
Par
Casualty & Surety
10
Insurance
10
62%
64%
Insur
Aetna
Life
10
64%
67
Jersey Insurance of
25
72
Bid
32 %
MOO 1,235
100
of North
Maryland
Casualty
N Y
36
106
Trust
& Co
P)
20
Co
1
20%
21%
10
51%
preferred—5
25%
26%
American
Automobile
4
American
Casualty
5
16%
18%
Massachusetts Bonding
5
30%
32%
American
Equitable Assur—5
24'A
26
Merchant
5
32
34
American Fidelity & Casualty—5
16'A
18
2%
21 (A
22%
National
10
33%
35%
National
Fire
25
64'A
66%
National
Union
__—
26%
$2.10
55
Prior
$1.05 Convertible
Fire
Merchants
American
of
Newark—
American Re-Insurance
American Surety
:
Automobile
10
60
Bankers & Shippers
25
preferred
&
Assurance
Mfrs
4
Bank
(Detroit)—10
10
Fire
8%
New
New
10
62 V2
——5
Boston
—
65
New
Amsterdam Casualty
Hampshire Fire
York
22 5A
24%
North
Connecticut General Life-—_10
73
76
5
-10
69
71%
Northeastern
Forster Inc
--10
36 ]A
37%
39%
&
Crum
Fire
River
Pacific
Employees Group
Assoc
100
Employers Reinsurance
69%
43%
46%
Fire
Assn
of
Phila
Fireman's
Fund
Firemen's
of
of
10
Frisco—_10
Newark
5
26%
27%
Bank
12%
38%
National
First
States
United
81
62%
65%
T & S A—12%
x53%
55'A
Ask
Francisco
San
Bank
20
Bank
Natl
of
Amer
N
Par
Bid
Delaware
106
51'A
37%
101%
19%
Power
103
103%
100%
in4V
N
103%
jq4
2%s_1999
1984
104
L
105%
105
—1979
27As
102
5%
1969
102%
in.>i/
Indianapolis Pwr & Lt 27As_1979
103%
22%
24
Republic
Seaboard
Surety
10
55
58
(New
lo
37%
39%
10
47%
107%
52
38%
102%
20%
y State Elec & Gas—
pfd
4 % '/o
(series
1949)
100
106
107%
i
Pacific Gas & Elec Co—
104'A
Service
27/8S—1
Co
$4.80
Penn
1st
Power
&
1979
"104%
of Indiana 3s__1979
104%
mortgage
Serv
27/sS
Transmission
Pwr
Bid
„
Ser
& Lgt 4%%
pfd„100
(Colorado)
1051/4
4.40%—100
Pub Serv of Okla
4.65%
Rochester
y
28%
28%
107
108%
129%
108%-
Elec—
Gas
&
pfd-100
$4.75 preferred series G—100
y-\
Par
Stocks—
Pub
pfd—25
107%
103'A
3s__19&9A 103
...
105
1st
redeemable
Light—
106
6
Power & Light—
lOO'/s
103%
106 %
Edison
Stocks (Continued)—
4.28% preferred
100
Hartford Electric 3.90c pfd__50
Iowa Southern Util 5%% pfd_30
Kentucky Utilities $4.75 pfd_100
Maine Pub Serv $5.50 pfd
20
103'
Lgt & Power 2%s
Conn
Security Issues
105%
18
Reinsurance
106
Ac|r
San
Diego Gas & Elec-r-
49%
Providence-Washington
Paul
(N Y)
(Texas)
Fire
&
Marine
32%
55
Security
14%
Springfield Fire & Marine
&
Rutgers Fire common_5
17%
Standard
32%
Travelers
15 %
15
31
35%
2
7'A
_10
33%
12'A
98 %
37%
Haven)
Accident
Hanover
Fire
10
35%
37%
Hartford
Fire
10
122%
126%
36%
38%
S
U S
U: S.
4.75%
lo
39
440
455
4
Fire
Guarantee
Fire
Elec-—,,.
100
:
Gas
&
4%%
105 %
Staten
Elect
100
preferred
Lt
Conn
$2.04
&
Pwr
pfd
105
4.90%
preferred
Island
10
2
53%
55%
Odd lot sale
55%
56%
52%
53
Tenn
—.100
preferred
107
108%
108%
109%
Gas Transmission—
$4.65
preferred
(not included in year's range).
b Bid yield price,
100
in
change.
n
65%
68%
liquidating dividend.
81
85
issued,
22'A
24
♦No
(not
Ex¬
Exwi When
d Deferred delivery sa.es
year's range),
e Ex-interest,
f Flat price,
k Admitted to listing on N. Y. Stock
Admitted to trading N. Y. Curb,
r Cash sales (not included in year's range).
t
included
x
22%
21%
Edison—
-
*
*
$2.20
20
preferred
106%
41
100
Fidelity & Guaranty Co__2
Westchester
Hudson
Central
a
U
preferred
102%
94
5
10
Blackstone Valley Gas &
$4.25
Corp
13%
16%
94%
53
10
302
36%
Portland
9
1974
u.
66%
30%
—
49%
2%s—1979
Power
Oregon
Tenn Gas
91%
5
Steamboiler
—20
-
1979
Telephone of Pa 3s
Kansas
1%
64
5
Hartford
5
5
Republic
American
7%
10
Falls
preferred
117
68
&
2nd
3.33%'
64
Globe
Globe
282
:
Trust——
&
Ask
20%
63
Glens
Great
295
Bank & Trust—100
101%
140
St
General Reinsurance Corp_.__10
Bell
27As
Tel
Associated
Duke
19
10
Accident
39
100%
.—1971
& Tel 2%s
Amer Tel
Commonw'lth
25
Preferred
Fidelity & Deposit of Md——10
37%
Did
Central Maine Power 27As__1979
Phoenix
62'A
-10
Federal
10
10
Detroit
of
Deposit Natl Bank—100
Bank
270
675
645
Recent
Public
Fire
8%
Trust-—12
67
Indemnity Co
Peerless Casualty Co
Pacific
Bank
Natl
Mellon
43%
61
39%
41 %
2.50
Co
37
92
32%
2
12.50
Ins
35%
Peoples First National
,475
89
25
64
38%
*
Camden
16
315
44%
37%
x30%
10
5
Northern
Continental Casualty
325
City Bank
Farmers
94%
Bonds—
Gas
Fire
32
30%
100
Pittsburgh
91%
Trust-
States
20
Bank
20
59
9%
104
63
630
Co
Trust
National
,295
42%
&
Guarantee
Calif
Casualty
350
605
34%
25
:
National
54%
Alliance
24 VA
330
•
22
& Trust-17%
Trust
Nat'l
Co
National
National
31%
,
100 x264
12%
47%
Inc
-109
19
100 1,445
25
41%
52%
American
10
100
100
Savings
Detroit
28 %
MO-
—
110
20
common
225
218
38
10
America
&
92
89'A
100
Ask
5
Co
Bank
Trust
Cleveland
311
302
Commerce-10
75
Agricultural
Home
96'A
38
106
20%
10
City Bank
York
United
Aetna
50
—
Title
Ask
63%
—10
Trust
Manufacturers
Insurance Companies
7%
36
—16
Trust
&
Trust
Sterling
203
53%
Central
_
Bank
Guaranty
Public
Aetna
Y)_
N
Industrial Bank of
National
100
Trust—33%
Cleveland
'
6%
61 %
*
County Trust—
Lawyers Trust
2.33
Trust
Northern
,
51%
20
—
Exchange Bank & Trust_20
Morgan
Bid
40%
(White Plains,
Irving
&
46%
County Trust Co
«,
New
Par
Harris
38%
44%
Kings
3.97
1
,
100
—15
—10
Fiduciary Trust
First National Bank
Type Trusts—
12.62
First
103
Bank—
Federation
Unit
154
Bank & Trust
Stamped
Corn
National
149
100
Bank
National
49%
47%
,M0
—
361
346
213
Illinois
Continental
100
Continental Bank & Trust—
Whitehall Fund Inc
.
City Natl Bank & Trust
,
1
National
Trust
28%
27
Commercial National Bank &
20.32
7.53
•
Avenue
Trust
Chemical
.
Co__ 10
Central Hanover Bank & Trust 20
22.09
1
30.24
Trust
Fifth
series A——1
_
Income
York
54.25
Preferred Stock Fund- —1
1
Fund
New
-.1
Union Common Stock Fund- -M
United
of
Corp.*
_
&
—I
C
Chicago
r
Manhattan
the
6.79
B
Union
York
of
6.20
Shares
Fund
New
1
17.58
(Income com Stocks)
Lexington
52.70
11.19
.
Inc
Industry
Bond
Series
11.11
1
S-3
Knickerbocker
52.70
2%
Investment
Fund
(Appreciation com Stks)_l
S-4 (Low Priced com Stks)—1
S-2
value) _♦
Wall
1
pfd Stocks)
Appreciation pfd
(Quality common
S-l
8.51
asset
Shares
Sovereign Investors
11.02
1
Keystone Custodian Funds—
B1
(Investment Bonds)
B-3
1.23
13.96
10.14
1
Boston
of
Investors Management Fund
1.12
12.74
1
America
of
10.41
92c
lc
Group shares
Stock and Bond Group
Investment
9.50
83c
(net
Amer
Shareholders Trust of Bostoni„l
State
lc
shares
shares
Group
Inc
Selected
(Un)
Ex-dividend,
par
value,
y
Admitted" to Unlisted Trading privileges,
z Ex-stock dividend.
wd When delivered,
Ex-rights,
tin default.
tThese bonds are subject to all Federal taxes.
Volume
171
Number 4885
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
(883)
THE COURSE OF BANK CLEARINGS
Bank
clearings this week will show
Preliminary figures compiled by
an
with
compared
a
year
based upon telegraphic advices from the
us
cities of the
country, indicate that for the
Week Ended Feb. 18
week ended
1950
ago.
Third
chief
is
Clearings—Return by
1950
1949
—
$5,707,640,428
497,210,791
791,000,000
+
+
209,50^,140
232,800,000
288,935,000
Pittsburgh
265,167,160
268,859,226
Baltimore
286,180,653
!
271,007,065
193,502,726
Ten cities five
days
Federal
2.4
—
175,782,079
Total
(7
issue of next week.
ends
Saturday and the Saturday figures
Accordingly, in the
Federal
$10,982,483,638
+
10.5
691,999,735
+
5.8
In
we
the
elaborate detailed statement, however,
able
are
to
Virginia—Huntington
ings for the
in the
For that week there
whole country
week
same
clearings at this
ing to the
in
decrease of
a
having recorded
Reserve
Districts
a
in
was
loss of 7.9%.
which
they
a
the week
as
cities)
Federal
located
District
the
records
totals
an
improvement of
Reserve District of 8.8%.
2.3%.
The
and
and the
smaller by
are
In the
following
we
furnish
a
summary
18,263,694
New
1—.12 cities
York—
3rd
Philadelphia
4'th
„12
Cleveland
5th
from
this
Total
it
8th St.
9th
11th
$
are
Inc.
1.5
620 103,920
8,224, 848,261
Reserve
899,949,323
952,357,555
—
5.5
1,112, ,336,014
"
794,585,533
896,475,972
—11.4
958, 911,848
"
403,322,041
425.494,010
—
5.2
486, ,633,600
"
697,975,402
"
935,636,759
682,462,357
1,097,263,876
1—10
"
462,987,231
6
10
.
"
"
112 cities
City—
._—
332,080,993
685, ,761,359
1,034, ,666,949
Federal
531, 254,887
402 ,727,870
Portland—:
510, 774,810
363,060,490
-3&- 8.5
1
r—
—.
324 ,368,084
14,457,872,648
+-r. 7.0
15,727,035,554
6,941,056,287
—'6.3
7,406,640,788
1949
Inc.
$
Ibec.
2,201,670
1,527,394
3,918,093
3,947,501
7,781,965,97!>
1,731,460
930,824
9,672,075
5,654,437
6,570,930
'■-■V
or
1948
>
%
28,003.981
6.5
12,602,562
915,056
12,459,032
1,228,394
866,989.546
—25.5
1,131,316
818,983,675
582,939,946
3,685,253
—18.5
—
7.146,839
—26.7
6,862,627
—18.7
6,716,150
58,327,000
—11.8
49,609|,000
3.8
—
—17.7
2,219,276
North
Connecticut—Hartford
25,183,059
:
Island—Providence—
New Hampshire—Manchester
■
Reserve
District- -St.
______
—
29,661,000
1,364,667
1.2
525,519,547
3,237,444
20,230,176
14,523,912
1.1
—
—17.6
1,431,107
—13.1
5,8319,757
—13.3
4,764,409
4,07§>099
3,286,274
—16.0
3,452,874
2,564,703
1,097,263,876
—14.7
1,034,666,949
741,602,579
3.2
296,000,000
267,300,000
+ 10.3
133,036,431
100,398,371
104,356,380
7.5
3.8
1,820,085
1,378,555
0.8
531,254,887
450,712,108
274,400,000
139,745,852
—
545,542,447
1,931,556
19.8
Federal
Reserve
8.3
s:
Binghamton-
3,034,554.
Buffalo—
9.5
13,085,430
—
*
12,362,703
;
;
—
Connecticut—Stamford—
Jersey—Montclair
«:
Northern New
Jersey
Total (12 cities).
6,497,014,6981.
21,752,973
4.6
1,369,175
3,460,342
—
1.5
620,103,920
2.1
6,206,871
6,035,719
282,051,669
92,092,284
199,093,874
+
9,783,380
+
5.4
4.1
13,157,073
12,948,474
f
—26.7
6,726,352
3,315,035
2,806,453
6.2
3,247,771
2,219,312
—
403,852,521
2.0
9,087,888
8.8
+
402,727,870
12,750,296
5.2
3,410,527
487,966
105,909,100
1,625,173
2,002,814
1,449,943
7,945,069,579
5,502,946,010
20,908,281
13,567,687
15,877,981
8,071,077
12,464,621
13,639,280
12.5
1,081,436
43,466,477
1.8
65.281,593
19.8
57,754,754
511,316
45,993,693
52,336,093
380,193
5,468,564
126,325,752
6,543,426
131,751,408
—
9.9
440,173
358,517
98,407,000
6,275,000
6,780,210
+
9,533,190
+ 15.1
10,909,479
7,912,174
286,770,486
+
8.2
341,073,841
9,374,429
259,926,887
9,261,328
+
2,584,311
2,227,163
2,245,007
462,987,231
451,520,119
4.1
6,825,122
1.2
9,351,507
11,008,872
—12.7
1,734,980
1,283,300
0.8
1,569,443
1,156,370
2.5
510,774,810
392,176,877
4,934,599
193,708,000
—
+
Federal Reserve District—Dallas—
i
8,307,428
278,093,280
25,114,533
!
Federal
Reserve
District—Sarn
2.0
6,502,718
(9.5
273,934,000
8.2
6,324,000
9.0
23,552,368
7,074,000
4,099,303
+
6.1
3,402,822
9,844,895
+
6.2
9,902,176
18,448,530
4,194,000
2,367,157
6,792,965
363,060,490
8.5
324,368,084
230,445,251
0.1
135,192,641
Utah—Salt Lake City
—
90,209,639
California—Long Beach
;
2,648,789
131,197,102
52,534,728
14,603,392
103,630,865
—14.7
3,511,231
—12.5
165,692,352
88,462,409
6.8
55,049,260
37,667,273
56,371,906
16,129,390
12,296,163
Santa Barbara—
1
Stockton
cities).
11,452,465
438,914,323
9,813,393
3,991,401
12,240,550
6,803,785
San Jose
+
3,104,618
149,964,976
371,185,851
San Francisco—
—
Francisco-
103,778,493
Yakima
Total (10
—
332,080,993
Washington—Seattle
Pasadena_
+
—
5,757,000
Oregon—Portland
'
8,144,828
27,348,172
4,349,080
10,469,672
Total (6 cities).
Twelfth
307,299,292
7,543,004
5,036,220
—
2,990,627
■h 9 5
10,605,963
7,998,873
7.4
8,893,347
430,457,521
11,284,942
343,422,461
—20.7
4,248,768
3,311,957
9.8
9,711,927
8,353,590
+
—15.4
—19.8
—
6,233,907
8,736,504
708,853,097
32,274,139
804,398,317
—11.9
834,647,952
597,387,240
13,438,070,985
14,457,872,648
7.0
15,727,035,554
€,941,056,287
11,146,863,940
7,406,640,788
6.3
7,781,965,975
5,643,917,930
'
43,872,118
"
7.3
575,431
—13.9
2,255,848
Galveston
1,068,352
42,699,096
7,314,541,120
—22.5
—11.9
7,056,140
Wichita Falls
67,514.067
3.2
■
629,810
510,650
6,879,375
10,974,021
310,383,024
cities).
Dallas—..;
2,051,083
3.0
6.5
__
7,386,730;
291,184,373
*450,000
Fort Worth
11,873,310
+
859,704
5,696,893
113,853,560
Eleventh
426,393,327
+
*
67,945,392
5,925,080
_
*» '
7.9
—
20,936,452
77,677,173-
—10.8
—
8,029,637
3,579,844
9,975,477
Texas—Austin
950,580
3.9
+
7,051,231,860
13,579,783
6,780,519,417
95,807,332
368,111,882
Pueblo
7.197,031
0.5
—
1,770,068
13,787,045
751,962
—
Federal Reserve District—Kansas City—
Total (10
18,068,200
4.1
—
1,634,026
1,761,594
—
5,690.468
277,501,518
3,244,602
;;
Wichiba
18,051,874
2^,956,300
+ 265.0
3,199,619
7,574,491
5,214.577
7.3
—
86,970,344
1,701,730
Jamestown—
2,002,097
90,649,996
8,358,049
2,625,725
Missouri—Kansas City
St. Joseph
i
Colorado—Colorado Springs.
3,610,652
28,416,277
e
fpr
84,344,482
IJlmira—__i
512,588,323
5,809,413
247,448,620
:
1,522,146
7.047.337
5,336,484
0.9
2.4
+
—
553,857,988
2,148,829
District—Minneapolis—
!
.
Hastings-—
552,796
2,285,434
Federal Reserve District—New York
47,755,407;'
109,509,759
508,506,860
Omaha
1,545,976
,835,614
5.0*
t
York—Albany
126,676,467
101,335,729
1,925,279
Louisiana—Shi'eveport—
Total (12 cities).
759,62r
II,895,218
265,500,000
Dakota—Fargo
Tenth
365,178,146
—
10,824,912
27,482;300
m
3,715,666
27,308,651
—
Louis—
Louis
Helena
1,215,238
—
27,836,793
11,087,854?-
$
46,461,977
7.3
—
935,636,759
Montana—Billings
3,286,111
+
7,343,252
3,895,383
69,213,071
3,423,816
Lincoln—.
1,946,812
+
5,807,649
t
+ 14.0
5,055,400
South Dakota—Aberdeen
$
4,096,681
—
1,851,722
6,025,337
5,766,841
4,031,101
38,745,000
3,089,062
10,997,204
10,339,735
St. Paul
1947
$
+ 10.2
927,555
v'%
3,824,313
Nebraska—Fremont
0.7
—
1,899,936
7,953,309 £
Newark
7.3
—11.3
*
5,643,917,930
+ 44.1
—.
460,799,167
5,752,7001'
New
500,899,490
showing the figures for each city for the
Worcester—
Syracuse—
685,761,359
714,736,759
3,003,022
Minneapolis
'
880,813
'
Rochester
2.3
27,692,967
13,579,172
Federal
Ninth
11,146,863,940
2,094,325']
^
New York—.
+
'
Minnesota—Duluth
597,387,240
13,438,070,985
Springfield
Second
682,462,357
6,642,237
3,543,978
L
Total (4 cities).
230,445,251
834, ,647,952
455,404,381'
,.
1
New Bedford
New
131,487.591
2,643,879
"60,345,315
Kansas—Topeka—
Lowell
Rhode
4.9
2,180,369
Kentucky—Louisville
District—Boston—
—
NewHaven_;____-
—
<-'^•68,796,179
Tennessee—Memphis
Illinois—Quincy
392,176,877
—11.9
$
Massachusettsv-Bostoni.
Fall River..i
356,576
124,834,711
3,071,736
2,643,570
8,437,513
,
Eighth
291,181,373
2.5
'-.H-
804,398,317
,
Maine—Bangor
104,130,163
6,510,233
,
8,114,837
City
Missouri—St.
450,712,108
8.8
—
708,853,097
detailed statement
our
Reserve
+ 15.3
3,752,443
741,602,579
0.8
—
1950
First
97,396,180
7.4
Illinois—Blooming.ton
Week 1 Srided Feb. 18
>
3,018.895
+18.8
51,452,000
Des Moines
500,899,490
week ended Feb. 18 for four years:
Clearings at—
3.2
+ 10.8
I,404,353
12,034,877
Total (7 cities).
add
+
3,536,554
16,434,718
1,301,424
10,679,560
5,240,535
5,581,950
Iowa—Cedar RaDids
816,699,182
—14.7
451,520,119
_r_
2.3
+
403,852,521
now
4,347,985
94,205,077
343,154,522
512,588,3231
We
54,203,490
181,100,000
8.5
Terre Haute
657,370,089"
368,111,882
u—
19,593,792
75,483,482
243.9G0.000
District—Chicago—
Wisconsin—Milwaukee
5,698,838,902
17
York
5.3
6.6
+
Indianapolis
426,393,327
7.3
508,506,860
;w.
+
$
—
"
New
1.1
+
—
—
South Bend
Sioux
18,069,771
498.039
1947
$
—
"
Outside
1948
553,857,988
7
Total
or
Dec. %
"
,
Francisco
343,154,522
118,770,712
Rockford
7,314,541,120
4
12th San
486,633,600
697,975,402
Federal
Peoria
545,542,447
Louis
Dallas
5.2
2,502,857
-75,315,834
66,473,786
4,681,220
297,170
96,677,066
Indiana—Fort Wayne
larger
10
City__
160,728,780
62,745,164
98,885,317
Grand Rapids
8.5% and in
6,780,519,417
Minneapolis
10th Kansas
69,121,583
+
460,978
(10 cities).
Seventh
Minneapolis
6
Chicago
274,126,133
3.3
+
114,017,750
7,061,993
Lansing
7
Atlanta
7th
10.7
—12.9
79,274,670
Michigan—Ann Arbor
decline
a
—11
Richmond
6th
"
106,747,499
CLEARINGS
1949
1,903,222
8,527,000
125,194,638
3,120,920
252,300,000
Mobile
by Federal Reserve Districts:
$
2,414,325
12,656,000
0.2
111,880,087
Decatur
1950
Reserve Districts
1st Boston
2nd
425,494,0,10
1
9.0
+
—
83,514,343
Total (17 cities)
Week Ended Feb. 18
—20.2
235,600,000
4,487,521
3,918,324
Springfield
Federal
3,312.745
11,673,000
Reserve District—Atlanta-
Chicago—.
SUMMARY OF BANK
958,911,848
Mississippi—Vicksburg—.
6.3%, the bank
In the Kansas City Reserve District the totals
by 2.5%, but in the Dallas Reserve District the totals
657,370,089
—10.7
83,247,706
Louisiana—New Orleans-
Chicago Reserve District
0#%
20,989,100
4,747,376
6,599,393
217,253,966
—11.4
3,348,935
198,229,537
Alabama—Birmingham-
the San Francisco Reserve District
by 11.9%.
•
__
Macon
5.2%, but in the Atlanta Reserve
loss of 14.7%, the St. Louis Reserve" District &£
a
4,967,629
2.9
314,109,425
86,029,598
Florida—Jacksonville
the week
—
In the Cleveland Reserve District the totals show
show
+ 10.6
—
896,475,972
3,706,566
172,749,464
__
Georgia—Atlanta
appears
of 11.4% and in the Richmond Reserve
District of
;
_
Nashville
that in the New York District
(including this city) the totals register a
falling off of 7.3%, in the Boston Reserve District of
1.5% and in the Philadelphia
Reserve District of 5.5%.
.
We group the cities accord¬
are
5,494,655
7,024,584
335.554,838
125,682.087
IT
Tennessee—Knoxville
present further below
loss of
29,904,200
8,108,587
Columbia—Washington
(6
Sixth
7.0%, the aggregate of clear¬
Outside of this city there
242,000,599
—14.2
appear
having amounted to $13,438,070,985 against $14,457,872,648
1949.
center
Federal
was
160,285,000
41,676,500
4,556,288
403,322,041
Carolina—Charleston
Ma ryland—Baltimore
has to be estimated.
give final and complete results of the week previous
ending Feb. 18.
8,105,194
196,802,823
376,552,580
2,642,634
12,729,000
125,464,779
Augusta
we
8.9
—
+ 10.3
today, inasmuch
which
—24.3
—13.2
280,555,946
South
by the foregoing will
cases
8,746,900
381,335,828
337,942,444
Reserve District-Richmond—
West
above the last day of the week in all
816,699,182
794,585,533
Virginia—Norfolk
not available at time of going to
press.
are
5,080.238
1,112,336.014
+ 10.1
+ 10.7
We cannot furnish them
7,199.365
7,448,692
5.5
7,872,551
cities).
+ 10.0
covered
8,231,638
52.8
+
—
7,325.232
.
35,763,100
5,040,491
0.8
Total
our
6,619,557
2,213,183,705
$12,872,123,436 $11,674,483,373
week
+ 15.8
952,357,555
Mansfield
7.3
—
—
732,192,747
exact details for the
2,455,154
4,682,492
2,689,431
District—Cleveland—
Pennsylvania—Pittsburgh,
9.3
+
District of
Complete and
747,553
165,236,650
$8,769,299,933
day
778,762
3,185,655
789,000,000
1.992,553
3,544,442
1,672,393
2.603,787
6.1
—
8,438,863
Youngstown
5.2
—
$12,139,930,689
Total all cities for week
8.082,290
—16.9
894,434
293,497,238
2,435.399,432
cities, five days.
All cities, one
in
Reserve
Richmond
Total all
+ 21.5
;
899,949,323
cities)
$9,704,531,257
cities, five days_._
4,543,377
.
9,359,747
12,891,001
Columbus
Fifth
Other
—20.0
;
Cleveland-.
264,373,000
Cleveland
—12.9
3,335,437
4,392,992
2,668,026
Cincinnati
7.3
220,800,000
San Francisco,
5,046,235
1,470,292
1.722,005
1,120,693
4.190,385
1.071.000.000
Ohio—Canton
4.4
366,799,777
204,436,558
St. Louis
758,000,000
393,413,666
Kansas City__.
1947
$
—21.8
Jersey—Trenton
Fourth
+ 25.0
Boston—!.-
3,777,986
5,507,814
+ 13.1
Philadelphia-
1.7
6.3
2,955,066
York
(11
1948
%
$6,456,905,616
621,511,305
_
—
3.508,034
Wilkes-Barre—
Telegraph
Chicago
—
912,000,000
Scran ton
Total
'New York
—24.6
1,345.725
856,000,000
Delaware—Wilmington
Week Ended Feb. 25
1,061,307
1,217,735
2,916,946
Philadelphia
Reading. _:
New
or
Dec. %
799,796
Lancaster
summary for the week follows:
Inc.
1,196,864
1,261,071
Chester
Our comparative
$
District—Philadelphia—
Bethlehem
Saturday, Feb. 25, clearings
gain for the week ended Friday of 13.1%.
a
Reserve
Pennsylvania—Altoona
for all cities of the United States for which it is
possible to obtain weekly clearings
will be 10.3% above those of the
corresponding week last year. Our preliminary
total stands at
$12,872,123,436 against $11,674,483,373 for the same week in 1949. At
this center there
Federal
1949
$
increase
39
8,224,848,261
5,698,838,902
Grand Total (112 cities)
Outside New York
^'Estimated.
|Not available.
40
CHRONICLE
FINANCIAL
&
COMMERCIAL
THE
(884)
Monday, February 27, 1950
PARTIAL
Foreign Exchange Rates
to the Secretary of
give below
Federal Reserve Bank certifies daily
the buying rate for cable transfers on the different countries of the world. We
requirements of Section 522 of the Tariff Act of 1930, the
Pursuant to the
the Treasury
Carolina,
1st
Clinchfield
and
ref.
TARIFF ACT OF 1930
1st
17,
1950, INCLUSIVE
1950 TO FEB. 23,
1st
Value
and Monetary Unit
Country
1st
314 %
Basic
.297778''
.206949*
.174562*
—-----—~
"A"
Preferential
—
"B"
Preferential
pound
Australia,
Belgium, franc
Brazil, cruzeiro
.206949*
—-
Pree
—-—
rupee
Czechoslovakia,
koruna
Benmark, krone
Brance (Metropolitan), franc
India, Dominion of, rupee
Mexico,
—-
peso
guilder
Netherlands,
pound
New Zealand,
krone
Norway,
Bortugal, escudo
—
Btraits Settlements, dollar
—
krona
Bweden,
(Switzerland,
franc
Colon of South Africa,
United Kingdom, pound
Uruguay,
...
.144938*
peso
.144938*
.0028625
.203700
.115718
2.772896
2.722896
2.772896
.140154*
Birthday
.496125
bonds,
33,a Ve
1st
Service
1
19.3
1
463
1973—Mar
1
463
Mar
3
557
1969—Mar
1
753
1
559
Feb'28
569
due 1974
514% pfd. stock
Co.,
27as, due
Service
Water
218 %
bonds,
1961—_Mar
1
569
bds., due 1965_Mar
3^8%
mtge.
1
594
Mar 15
754
Pag«
Corp.—
1976
due
_
ENTIRE ISSUE
CALLED
Company and Issue—
Chicago, Rock Island & Pacific RR.—
General
4Vi %
mortgage
Cities Service
gold
debentures,
due
Jan.
5%
gold
March
gold
5%
gold
debentures,
debentures,
debentures,
due
6%
Fair
1,
1966
1969
1,
due April 1,
due Nov. l,
Inc., 3Vi% debs.,
Stores,
Hastings Square Hotel
6%
1958
1963
due
.0346357
.327291
.193329*
Northern
Indiana
.232600
.232600
.232391
Riverside
Golf
Washington's
Birthday
2.800742
.658327**"
,658327*t
.658327*t
.561797*+
.561797"t
.425531*t
.425531*t
190
1,1959—Mar
Feb.
103
102
1
•
Public
Club
stock
Mar 6
Mar 31
•
1,
*
—Mar 15
pfd.
463
754
Mar 15
5%
Feb 27
500
Mar
Co.,
(Chicago) —
bonds, due Nov.
4%
mortgage
Service
369
553
595
stock
1960
.561797*t
.425531*1"
1st
2.783750
2.800742
463
Co.—
.193329*
2.783750
555
1
1st
.327058
2.800703
1
Mar 1
Apr '1
May 1
due 2019
Co.—
5%
Food
Apr
Mar
income bonds,
.0346500
2.783750
Mar
Date
1st
.193329*
.0346250
due
A,
1st mtge.
Co.,
Brook
mortgage
series
.327058
,
Mar
1970
1969
mortgage bonds, dated 1914
Johns-Manville
Corp.,
3 '/a %
preferred
Maytag Co., $6 1st preferred stock
"
103
553
Apr
314 % bonds, due
stock.
2Va%,
bonds,
Public
Scranton-Spring
.262537
.140154*
1
1
Mar
due
A,
due
mtge.
Terminal Ry.,
.115718
.262550
.496125
C
bonds, due 1974_Mar
preferred
Richmond
.208700
.115718
.262562
Closed
Ry.—
series
Natural Gas
.0028625
Washington's
and
B
Thew
U.
Shovel
Axle
S.
Co.,
Co.,
7%
6%
stock
preferred
gold bonds
•Announcement
this
in
1
issue.
of merchandise.
tApplication depends upon type
•Nominal.
.144938*
.208700
.658327*f
.561797*1"
.425531*1
peso
Uruguay,
—
:
peso
Uruguay,
pound
sterling
.208500
.140154*
3%
mortgage
Northwestern
.0200600
.496125
1st
Co.,
3Va%,
mortgage
1st
.899375
.208500
.0200600
.0028625
Closed
A,
bonds,
.909090
.898437
12223
Narragansett Electric Co.—
.0544060
.0200600
2.783750^
2.800702
—
^Philippine Islands, peso
.0199875
Birthday
.909090
.899375
2.772896
.140154*
.496166
.0346285
.327225
.193329*
.232633
—
Washington's
.208500'
.144938*
.0028625
.208700
.115718
.262600
-—
2.231573
.0544060
.909090
Co.,
1
Co.—
Oklahoma
.0200000
.0544060
.0200600
;
.138958*
.138958*
2.231573
.0200000
.208500
Ceylon,
1st
.174562*
2.231573
Closed
.909090
.900000
.
.206949*
,174562*
.138958"
Canada, dollar—
Official
.206949*
.174562*
.138958*
2.231573
.0200000
.0544060
Bpecial
(B.'F.)
.297778*
.297778*
.297778*
Gas
Goodrich
353
1962_Mar
due
D,
Michigan Consolidated Gas Co.—
$
$
$
$
$
$
Argentina, peso—
series
bonds,
3 V2 %
Equitable
Feb. 23
Feb.22
Feb. 21
Feb. 20
Feb.18
Feb. 17
1
Co.
series
Electric
mortgage
461'
Mar
Associates—
Eastern
&
mortgage
1
1965
bonds,
Terminals
bonds,
Empire District
United States Money
in
461
1963_Mar
due
RR.—
4Vi%
Fuel
&
Joliet
1st
York
Buying Rate for Cable Transfers in New
Gas
due
A.
mortgage and collat. trust 3%%
Elgin,
Noon
Union
mortgage
Eastern
FEB.
sertes
mtge.
Pag*
1
Ry.—
Chicago & Western Indiana
1st
FEDERAL RESERVE BANK TO TREASURY UNDER
Ohio
&
4s.
mortgage
Cleveland
CERTIFIED BY
RATES
EXCHANGE
Date
due 1974-Mar
*
Arizona Edison Co., Inc., 3Vi % 1st mtge. bds.,
Atlanta Gas Light Co.,
,1st mtge. 3% bonds,
1
record for the week just passed:
a
FOREIGN
REDEMPTION
Company and Issue—
DIVIDENDS
in
amounts
Statement of Condition of the 12 Federal
Reserve Banks Combined
(in thousands
of dollars)
„
Increase ( + > or
decrease (—)
for
fund
F.
2.002
—
22,582.423
certificates
(Redemption
$
$
$
23,
1949
1950
1950
Gold
Feb.
Feb. 15.
Feb. 21,
Assets—
since
153.996
+
R.
537,920
notes
2,109
—
79,263
—
Other
(industrial
U. S.
94,237
advances
and
172.309
—
+
2.186
loans
12,111
—
316.702
cash
(discounts
4,111
23.120.343
ctf. reserves
43
.
deposits adjusted decreased $298,000,000 in
New York City, $141,000,000 in the San Francisco Dis¬
Demand
trict, $74,000,000 in
and
Chicago, and $56,000,000 in the Phila¬
and increased $47,000,000 each in the
delphia District,
Kansas City
United "States Gov¬
districts.
74,723
+
38,548
—
208,820
—
1,406
+
Demand de¬
in all districts.
ernment deposits increased
71.725
—
6,284.350
.....
6.886,700
Bonds
33,600
—
17.624.574
—
5.000
—
700.600
Notes
—1,552.985
46.500
3.752.924
Bills
—
467,419
A
Total U.
securities.
S. Govt,
156.825
Other
—4,733.917
119.102
assets
+
261,710
43
+
2.097
+
+
.
—
2,920
931,723
Feb. 15,
16
10.938
55,630
—
and Investments—Total
Loans
+
9,955
589.982
—
—
223.923
380,187
—
884,767
Other
534.285
deposits
availability
Other liab., incl.
—
+
—1,210.921
items
accrued divs.
17.974,852
2,231.363
11.244
43.154.983
Total liabilities
5,613
5,998
U.
134,501
+
255
514,266
—
Real
,
—
+
75 320
—
4,059
1.569
936.349
-4,769.275
Capital paid in
Surplus (Section
—
543
936
'+
100
76
U.
banks
loans
S.
—
4,444
36,975
—
securities—Total
bills
certificates
Treasury
notes
Treasury
351
—
Government
214,422
488.173
27,543
143,268
indebtedness—
;
24,859
5,225
12,297
750
2,255
13b)
(Section
securities
accounts
11,083
Cash
with
Reserve
21,462
199
+
Balance
+
4~427
+
28,802
Banks
Federal Reserve
vault
in
banks
domestic
with
2,306
5,862
3,948
:
of
+
—
+
+
—
—
—
—
—
+
—
+
—
+
5
17
3
93
9
400
179
526
+
<
49
—
14
+
320
+
197
+
582
+ 4,085
+
508
+
768
+ 2,916
—
107
+
965
— 1,875
+
2
+
159
—
289
85
38
12
19
219
10
209
Total liabilities & cap. accts.
44,028.394
931.723
—4,707,928
of
certificate
gold
Contingent liability
purchased
ances
deposits, except Government
U. S. Government deposits
Interbank demand deposits:
re¬
deposit and F.
note liabilities combined
R.
to
serves,
56.5%
on
foreign.
to
make
banks
547
+
4.618
25
+
91
Debit6
to
demand
interbank
indus¬
loans
+
9,297
—
Borrowings
8,126
1,734
Commitments
Domestic
Foreign banks
correspondents
trial
6.1%
+
accept¬
for
0!7%
+
851
322
942
+
232
+
662
1,221
493
Time
(Ratio
+
+
+
400
13
192
+
+
25
168
—
229
375
46,930
15,376
2,757
deposits adjusted
deposit accounts, except
U.
S.
Govt,
accounts,
and
—
+
(Revised figure pre-
19,313
during week
—
8
vious week 21,526)
revised.
figures
condition statement of weekly
The
of
the
shows
the
ended
Feb.
following
principal
of
in reserve
decreases
increases
ment
of
for
changes
$257,000,000
in
the
loans
and
3Vi%
balances with Federal Reserve
deposits adjusted:
$192,000,000 in United States Govern¬
deposits and $168,000,000 in borrowings.
Commercial,
creased
$14,000,000.
purchasing
or
and
industrial,
Loans
to
agricultural
3-15
3-7
in¬
$176,000,000.
District
$185,000,000 in
quar.)
under
called
Telegraph
initial
were
American
Locker
American
7%
1
class
Locomotive,
preferred
6%
Anaconda
7%
Art
(irreg.)
Metal
Asbestos
Atlantic
Oil
Automatic
Ayshire
Corp.
Electric
given in the "Chronicle."
1st
Heller
and
ref.
Page
Data
mortgage
(Walter E.)
4 Vi %
& Co.,
6 Vi %
bonds, due 1961
Apr 12
preferred stock
Mar 27
1st (closed) mtge. bds.jylar 1
554
557
.
1
*
558
3- 9
3-15
3-10
4-15
4- 1
3-10
3- 1
3- 1
3-23
50c
8c
10c
common
on
3-18
2-23
3-31
3-15
dividend
$1
4- 1
3-10
25c
12Vic
20c
3-17
3-15
3-15
3- 1
3- 3
2-28
t35c
4- 1
3-10
50c
4-1
3-3
iquar.).
40c
t50c
50c
3-27
4-15
3-31
3- 6
3-15
3-10
15c
3-25
3-10
(quar.).
50c
3-31
3- 1
3-31
3-17
—
Co.
& Sons
(quar.)
Birdsboro
Co., Ltd.—
(quar.i
RR.
____
Co._
Packing
Steel
Co.
(quar.i
Manufacturing Co.
Company
10c
iquar.)
25c
common.
preferred
C.
(H.
prior
&
Co.,
50c
25c
Ordinary bearer
preferred
3-
4- 7
2-28
2 Vi %
4-7
4- 7
4- 7
2-28
2-28
2-28
3- 1
3-14
3-10
3-28
4- 1
2-22
2-27
2-27
3-10*
3-10
28Vic
31 Vic
4- 1
3-15
3-15
37Vic
$1
$1.37Vi
$2
Trust
Corp.
1
3- 1
3-15
37Vic
25c
37Vic
75c
t25c
RR
Estate
Stratton
3-15
Is
___
common..
iquar.)
3-17
3- 7
3-15
2-28
2-21
3- 3
Is
iquar.i
Inc.,
preferred
Albany
Real
&
>
3-31
3-15
4-,l
3-31
3-15
2-15
15c
conv.
Boston
iquar.)...
Laughlin, Inc.,
5Vi%
Boston
Corp.
Foundry & Machine
Decker
&
—_
Inc
Inc:
Aviation
(quar.)
iquar.).
Co..
interim
3
Ltd.—
1
(interim)
bearer
2Vi%
is-at
preferred registered
i
(s-ai
...
Broadway Department Stores—
6%
preferred
(E.
Buffalo
Bolt
Bulova
&
(quar.)
G.)
Co.
Watch
Iron
C
Co.
Co.
(quar.)
Ltd
Manufacturing Co.,
non-cum.
I T Financial
Ink
5%
pfd.
(quar.)
(quar.)
(quar.)
(quar.)
preferred (quar.)
4- 1
$1
Corp...
Co.
preferred
41i%
preferred
California-Pacific Utilities
5 Vi %
(quar.)
(quar.i
Burlington Steel Co.,
RR.—
Lackawanna Laundry Co., Inc.,
3- 9
3-31
30c
iquar.i
Telephone Co. of Canada, Ltd.
California
Valley
3-31
held on Feb. 21.
preferred
Creek
Bendix
5%
Company and Issue—
3-31
t30c
30c
1
(increasedi
(Joseph)
Beech-Nut
Bush
TENDER
3-20
3-10
50c
—
_____
& Wilcox Co.
$1.40
5%
3- 3
4- 1
tlOc
1
iquar.)
Co.
taken
was
Beaver Lumber
5%
3- 8
3-22
Colliers Corp.—
Bayuk Cigars.
called for redemption,
gives the location in
(except where indicated) in which
OF
Co.
(quar.)
Refractories,
Black
3-30
$1.75
—
Corp.
at meeting
Bell
50c
Steel Products Corp.
action
Beech
3-17
3- 2
3-18
12Vic
1—
___
Company
Atlantic
3-31
3-14
3-31
25c
Ltd.
Spring
City
.
;
(quar.i
—
Atlantic
Basic
—.
Co.—
Extra
Associated
3-10
3-2
3-2
50c
iquar.i—
—
(quar.)—
Construction
Corp.
3-10
Co.—
preferred
Corp.,
Aspinook
No
Corp.
(quar.i
Products, Inc.
prior
4- 1
4- 1
4-1
4- 1
15c
-
Tobacco
Mfg.
3-14
2-27*
2-27
$1.50
Copper Mining
Electrical
Apex
3-8
10c
—
iquar.)
Inc.
3- 1
25c
—_
common-
British-American Tobacco
sinking fund provisions.
or last date for mak¬
3-15
4- 1
3-10
$1.75
60c
—
ireduceci)...
common
Co.,
Stamping
Metal.
iquar.i
(quar.).
Snuff
preferred
Ampco
A
3-7
—
10c
35c
10c
redemption
NOTICES
(N. J.i
25c
Brooke
the details
___
Extra
ing tenders, and the page number
Aroostook
City, $62,000,000 in Chicago,-and by smaller
those
1
quar.)
list of corporate bonds, notes,
stocks
common
The date indicates the
brokers and dealers for
Holdings of Treasury bills decreased
New York
including
and
75c
35c
Co.—
Ordinary registered
preferred
25c
—
quar.)--:
Home Products Corp. (monthly)—
Laundry Machinery Co.-.,
Briggs
Notices
the current volume
loans
carrying United States Government and
other securities increased
Redemption Galls and Sinking Fund
a
2-11
4- 1
3-29
4- 1
4-1
3-15
75c
(reduced)
Co., common
(increased
(increased
common
5%
Below will be found
3-17
2-28
$1.25
(quar.)
iquar. 1
Cyanamid
American
Bohack
week
of $400,000,000 each in United States
Government securities and in demand
and
reporting member
System in leading cities
Reserve
Increases
15:
$219,000,000
Banks;
Federal
3-29
4- 1
50c
common—
4- 1
25c
,
Bliss &
Condition Statement of Member Banks
banks
2Vic
—_
4- 1
4-1
Note
Colortype
Black-Clawson
"Feb.
50c
—
<quar.)
Corp.,
Extra
Babcock
Liabilities—
Demand
Corp
iquar.i
15c
Bank
preferred
Bancroft
—
Steel
Equipment
Sugar
Anchor Post
—
Co.—
62Vic
convertible preferred A iquar.87Vic
American
1,366
/
141
430
4.405
3- 1
75c
(quar.)„
3-16
3-15
3—6
3-6
3- 1
3- 1
American
obligations—
pfd.
preferred (quar.i.
Agricultural Chemical Co.
New
4,986
64
—
loans
estate
to
Other
7)
5%
3-31
10c
25c
common
American
17
14
&
3- 1
3- 1
3-15
3- 3
3- 3
3- 7
37Vic
see
Aggregates
American
+
+
securities
Other
-4.250,554
433,607
Electric
Amalgamated
American
carrying:
for purchasing or
U. S. bonds
capital
257
Co.
Steel
American Sumatra
Government
S.
Other
91,113
+
Capital Accounts—
Other
+
Steel
(Alan)
3-8
3-10
3-15
4- 1
3-15
3-15
3-20
20c
iquar.i__
$3
3-8
4-1
American
pur¬
securities
Other loans
Treasury
(Surplus
+
+
obligations
Government
S.
Loans
Total
for
dealers
and
brokers
to
U.
—3,265,247
290,728
16,175.613
acct.
gen.
Foreign
Deferred
162
13,899
Other
acct.
bank—reserve
Treasurer
Allen
Bearing,
4-1
5c
.
iquar.)—
preferred
Equipment,
Alleghanv-Ludium
1949
agricultural
and
loans
Deposits:
S.
Feb. 16,
chasing or carrying:
22.937,529
notes,—
Reserve
Member
—
24,777
—
industrial,
Commercial,
Loans
U.
66,977
25,149
Loans—net
Liabilities—
Federal
Wood
Wood
Since
1950*
Roller
&
Gas
Common
(in millions of dollars)
Loans—gross
—4,707,923
Feb. 8.
1950
Assets—
preferred
convertible
Allan
Inc. ( + )or
.
—4.941.331
—
—
593.281
—
34.332
premises
3,913
+
2,602,369
items
5
—
33
114.511
banks
of other
329,091
17,720.997
foreign banks
notes
Uncollected
Bank
securities
and
loans
Total
P. R.
Ball
5%
Affiliated
American
Dec. I—)
3>ue from
Aetna
reporting
member banks follows:
40c
Castings Corp
Corp., common (increasedi
convertible
6%
Holier$
Payable of Rec.
12 Vic
_
Aluminum
Aerovox
Share
(quar.)—
Extra'
6%
of the assets and liabilities of
summary
'
Company
Abbott Laboratories
Advance
American
—3,035,062
When
Per
Name of
$39,000,000 in Chicago.
and decreased
321.550
+
payments shown below were announced
during the current week.
posits credited to domestic banks increased $232,000,000.
Borrowings increased $212,000,000 in New York City
Certificates
The dividend
American
securities:
Govt,
and increased
$23,000,000 in the Atlanta District; there was a net de¬
crease
of $289,000,000 at all reporting member banks.
Holdings of Treasury certificates of indebtedness de¬
creased $44,000,000 in Chicago and a total of $85,000,000
at all reporting member banks.
Holdings of Treasury
notes decreased $38,000,000.
Atlanta
-r—
Total gold
districts,
other
the
of
most
__
Co.,
...
com.
(quar.)
4- 1
3-10*
75c
3-20
3-10
3-15
3-15
3-15
3- 1
3- 1
3- 1
60c
25c *
27 Vic
,
Volume 171
Number 4885
THE
Per
Name of
Camden
5Vi %
Co.,
Foundries
Class
A
6
343,8C
4-
2-24
&
Great
Green
4-
1
3-15
Canadian
$1
Celanese
preferred
$1.75
Ltd.,
3-31
3-14
3-31
3-14
3-31
3-14
Corporation
Harding Carpets, Ltd.
common
preferred
<quar.)__
4-
3-15
Hart
7433(4C
Canadian
General Electric Co.
General
i$2
(quar.)
Investments,
quarterly
Increased
___
(quar.)
Canadian
4%
Baxter
Carnation
33/4%
&
&
Inc.
common
Cold
Storage
Central
Franklin
Central
t
v
Increased
6%
Co.,
Common
iN.
Y..I
iquar.)_
Co.
iquar.)
Cochran
Foil
Co.,
Co.,
(increased)
com.
Go.
Fuel
5%
(quar.)
B.)
Corp.,
&
iquar.)
Wheat
Steel
Cc
pfd.
Stores,
&
1
3-15
3-20
3-
4
4-15
3-
8
3-15
2-27
4-
3-20
1
(E.
3-
1
3-
3
3-10
3-
3
3-31
3-
4-
6
1
3-14
3-31
2-28
62 %c
3-14
3-
______
„•
.
3
4-
1
3-20
4-
1
3-21
4-
1
3-15
4-
1
3-20
3-31
3-15
3-
1
3-15
3-
2
2
3-
3-10
3-28
3-14
4-
1
3-15
50c
4-
1
__
25c
4-
1
3-20
15c
3-15
2-28
3-
Eastern
Loaf
Malleable
Washing
Co.
iquar.)
Trust,
Ltd.
(interim).
Boat
Co.,
$2
preferred
Elgin National Watch
Co.,
1
$ $ 1.75
4-15
3-15
3-10
3-
1
4-
1
3-15
Common
Empire
Manufacturing
2-10
1
3-15
7
2-27
3-10
2-24
4-
3-15
15c
4-
1
1
3-15
Manufacturing
Eversharp, Inc., 5%
Cue
&
3-15
3-15
4-10
3-22
3-
3-31
3-20
3-24
2
4-
1
3-20
4-
1
3-20
1
3-15
3-
1
12 ViC
iquar.)
2-17
3-15
25c
(quar.)
4-
3-
1
1
3-15
50c
United
Florence
Steve
& Dyeing
Canada, Ltd
2-28
$1
3-10
3-
3-22
common.,—.^
(quar.)_„_.
15c
3-
4
1
3-10
1
3-13
4-
$1.18%
3-
4-
.
2-28
3-20
30c
1
3-13
3
now
on
quar.)
60c
a
15c
annual
3-15
3-
3
basis.
$2.50
Food
preferred
Foote-Burt
Co.
Fort Wayne
Fort
(quar.)_.
Machinery &
3%%
Worth
6 2 Vic
SlV'iC
<Increased>_
43i%
lquar.)_*_
Co.
of
Canada.
Ltd.,
__
Ltd
Power
Fundamental
Co.
Railways
Co.
(Indiana)
:
(quar.)
General
General
Industries.
5%:
pfd.
Phoenix
Refractories
Steel
Wares,
Co.
(quar.)_:
Ltd.,
common
Class
Georgia
B
B
Co.
&
Grafton
iquar.i
(quarJ
Stock
&
class A
Co.,
com.
Ltd.,
Co.
class A
Grand Rapids Varnish Corp,
iinitial
(quar.)
(quar.)
;
„
quar.)_
6
2-28
4-
2-28
3-29
3-10
3-10
2-28
50c
3-9
3-
3-15
3-
3-10
2-28
$1
.—
3-15
2-28
$1
4-15
3-31
C0c
3-31
'
3-
2-28
Products
(Charles)
&
Lincoln
Fabrics of
London
Co.
(irreg.)——
N.
Y.
Hosiery Mills,
3-24
3-
3
Cement
Ltd.
Corp.
&
H.)
Gas
tions
iM.)
Corp.
Quarterly
Mastic
Stock
1
3-
9
3-15
3-
1
4-
3-31
3-15
3-31
3-15
4
1
3-15
4-
1
3-15
3-31
3-10
3-15
3-
3-29
3-15
1
4-15
3-
3-15
2-21
4-
3-
1
1
6
3-15
3-
1
25c
3-15
3-
6*
Communica¬
Marine
3-14
50c
4-
1
3-18
25c
—
4-
5
3-20
Fund, Inc.—
5c
3-25
2-28
10c
3-15
3-
3-31
62 %c
common
dividend
10%
—
3-
6
3-31
5c
3-
4-14
4-
6
4
McKesson
&
Class
4Vi%
Mesta
Refrigeration,
class
Ltd.,
.
common
(quar.)
Co.—
3-15
8
2-27
3-10
3-
6
3-10
3-
6
75c
3-24
3-10
1
4
4-
1
3-
62%c
4-
1
3-16
67Vic
4-
3-
4
Michigan Associated Telephone Co.—
5.4%
preferred (initial quar.)___;
Michigan Bumper Corp. (quar.)____
4-
$$1.12%
—
3-31
3
3-
750c
(quar.)
3-31
4-
20c
—
Linotype Co
preferred
3
20c
A_
—
—
Machine
4-
4c
______________
iquar.)
B
3-1
4-15
40c
Co.—..
Mfg.
Corp.
3-15
$1
iquar.)_:
4-
3-31
1
3-10
4-10
3-27
3-
1
3-15
3-
1
4-
3-15
3-31
25c
1
3-
1
2-18
4-
1
3-
3-14
2-24
1
3-20
4-
10c
3-15
15c
725c
7
2-28
3-15
3-
6
3-28
3-
2
'
5-15
4-17
5-
1
4-
4-
1
4-
1
3-
20c
3-10
1.
3
Co.
3-10
3-
3
20c
3-14
3-
6
$1.50
4-1
3-15
725c
3-15
2-25
10c
3-27
3-15
Company, Ltd.
(extra)
Semi-annual
Mojud
5%
Co.
preferred
dividend
of
was
not
Mutual
3-15
5-15
12-15
11-15
3-10
4-
shown
previously.
the
3-15
3-15
2-15
3-
$1.25
—
payments
6
3-
15c
common
3-
1
4-15
$50c
publication
Murphy (G. C.)
4-15
6-15
62tic
Co
published
time
3-15
1
20c
iquar.)
Telegraph
were
7
750c
iquar.)
Moore-Handley Hardware,
5%
preferred (quar.)
The
4-
1
7$1
—
Hosiery
Montreal
2-17
3-22
750c
Semi-annual
2-21
3
(Robert)
3-
25c
$1
,
Mitchel
3-24
75c
(quar.)
3-15
4-15
1
2-15
1
above
At
payment
Chemical
Co.
of
(quar.)
$1.183,4
/
4-
3
3-17
preferred
iquar.)
$1.50
3-28
preferred
iquar.)
$1.50
6-28
3-16
6%
9-21
12-21
3-17
initial)
4-
35c
quar.)
3-31
3-14
30c
3-31
3-14
85c
1
quar.)
(initial
3-31
3-14
3-14
3-20
30c
4-1
3-7"
North
American
North
lirreg.)
Co
._.
American
Investment
preferred
6%
1 accum.)
5V2 '«>
preferred
Northern
convertible
4',2%
Northern
Natural
Northern
States
5%
33,4%
3-20
2-28
$2.75
3-20
2-28
35c
3-20
3-
22>2C
3-20
3-3
45c
3-25
3-
3-
1
2-22
4-
Service—
preference
Gas
(Wis.)
Co.
Greyhound
$1.25
93?4c
.
&
Guaranty
Confection
Ohio
United
Oshkosh
Co.,
preferred
Pacific
Telecoin
class
Co.
A
Circle
4V2%
Co., class A
3.60 %
52c
4-
1
3-11
3- 3
121iac
3-17
3-10
4-10
3-20
1
3-15
iquar.)
22V2C
3-31
3- 6
45c
4-1
3-6
30c
3-15
2-28
(resumed)——
12'2C
3-15
common
&
(accum.)
Co.
iN.
Ross
Gas
Co
preferred
&
Co.
Co.,
6%
3-3
3-
3
2-16
3-13
4-1
3-3
4-
3
3-10
4-
1
$1.50
iquar.)
Ltd.
'
3
3-13
3-3
2-27
720c
(Increased quar.)
3-15
3-10
3-
15c
3-10
3-
I
3-14
3-
6
2-28
2-17
75c
iquar.)
3-31
35c
30c
,
Co.
3-14
3-10
25c
iquar.)
1
convertible
&
preferred
Company
Co.,
(initial
6-
1
5-12
3-14
2-20
4-10
3-23
65c
4-10
3-23
4-10
45c
3-15
3-1
3-31
3-10
75c
3-31
3-10
25c
3-29
3-JG
25c
3-15
3-
3- 2
2-21
3-31
3-
15c
preferred
5-12
3334c
quar.i.
(Initial quar.)
common
convertible
1
45c
Co
3-14
6-
60c
iquar.)
3-10
1
91 %c
■_
2-28
3-15
4-
$1.07>'2
iquar.)
3-10
50c
;
Co., common (quar.)
convertible preferred iquar.)
Gas
3-
50c
,
Finance
Seattle
3
60c
Seaboard
D.l
3-15
50c
common
Lace
(G.
1
9334c
'
Co
Scranton
$1.35
4-
4-3
__
Co
Co.,
preferred
$2.60
3-15
25c
Corp
preferred
4 30%
3-20
i-
1
50c
Joseph Lead
Lock
3
50c
Co.--
(quar.)
iquar.)
Manufacturing
3.65%
4-
3-31
4-
50c
Insurance
common
H.)
Little
Mfg.
2-17
$2
;
Scovill
2-28
1
25c
Co.
(H.
Industries
Schlage
3-28
3-
40c
iquar.)
iquar.)
Safway Steel Products, Inc.
St.
3-15
—
Extra
Ruud
3-20
4-15
$1.50
Y.)
Republic Steel Corp., common (Increased)
6% prior preferred A iquar.).:
Robinson
1
718c
pfd.
Quaker City Fire & Marine
Co.,
2
4-
72c
Ltd
Trust
&
3-
20c
Mines,
Electric
Brothers
3-1
4-
Products
Bank
3-11
62VaC
50c
Richardson
3-11
1
3-10
—
iquar.)
Inc.
Mines, Ltd
Light, 6%
Purina
1
3
25c
(quar.)_
Dome
Service
Robertson
3-15
3-3
1
Quarterly
334 %
1
4-1
25c
pfd.
Pyle-National
Co.,
common
8%
preferred
iquar.)
Reeves
4-
4-
Co
5%
Electric
Public
3-7
3-
,25c
Hartford
Power Co.,
Prentice-Wabers
National
3-15
3-15
25%
preferred
Public
3-
3
4-1
$1.12V2
1
Company
& Alexander,
Proprietary
3-
20c
—
_i_
Co.
Co.,
Public
1
3-15
30c
Corp., class A (Interim)
Forgings
East
1
25c
iquar.)
Powdrell
Preston
3-
4-
3-14
50c
iquar.)—
Corp
(quar.)
Potomac Electric
Potter
3-15
40c
(quar.)
Insurance
(H. K.)
2-20
3-15
750c
—
dividend
Pittsburgh
2-20
1
4-1
5c
Hosiery Co
Stock
1
3-
1
75c
(increased)
common
preferred
Phoenix
3-
37>,2C
Cement
Petroleum & Trading
Phoenix
4-12
<
Co.
Co.,
1
iquar.)
Pennsylvania Telephone Corp.—
$2.10
preferred
iquar.)
Milk
5-
iquar.)
Co
Pennsylvania-Dixie
Pet
3-10
50c
•
—
Switch
(J.
C.)
3-
3-31
15c
iquar.)
Corp
Elettric
Penn
3-1
37VaC
Page-Hersey Tubes, Ltd.
Penick
& Ford,
Ltd
Penney
3-15
3-15
iquar.)
Indemnity
2-20
10c
50c
Co
B'Gcsh, Inc., common
$1.50
3-22
:
Filters,
Pacific
1
2-25
—
iquar.)
common
iquar.)
Service
Water
Oliver
'
Co.—
50c
Preferred
3;
Lines—
iquar.)
Insurance
Quarterly
Ohio
3
—
iquar.)_
preferred
Title
iquar.)
Co
Power
preferred
Oakland
S3
Public
(increased)
Common
3-14
Corp.—
(accum.)
Indiana
iquar.)
)
3-23
Security Banknote Co.—
The
25c
quarterly declaration
stock usually paid
preferred
omitted
at
Co.
Brothers, Inc.
Shakespeare Company
1
iquar.)
20c
Ltd..
Breweries,
Shattuck
$1
March
(quar.)
Seeman
Sicks'
the
on
on
this time.
Refrigerator
Seeger
(Frank G.)
730c
Co.
4'/2%
Smith
preferred
(Howard)
Common
preferred
4%
California
Edison
4.32%
preferred
Process,
Southern
Indiana
4.80%
Gas
preferred
Southland
&
7'%
(quar.)
;____
convertible
Southwestern
Spalding
Sperti
(A.
Foods,
States
Inc.,
Factors
Screw
Loan
Class
A
&
3- 5-
27c
3-31
3- 5
4-10
3-15
37 %c
3-30
5- 1
3-10
$1.20
4-15,'
50c
5%
3-15
3- 1
30c
3-
1
2-15
quar.)__
* 25c
3-
1
2-15
(quar.)—,—
20c
3- 1
2-15
(quar.)__
25c
3-15
3- 8
iquar,)__
I2VaC
3-
(initial
Inc.
pfd.
Corp., class B
iquax-.)
iquar.)
Corp.,
,
class
A,
common
share
of
class
common
lOne
B
3-24
3-22
3-15
3- 1
3-15
3- 1
37\ac
3-15
3-
10c
_
3-31
3-10
3- 1
10c
iquar.)
2-21
25c
Co.
1
3-31
25c
iquar.).—
3-31
60c
common
5c
1S34c
conv.
Corp.,
iquar.)
(quar.)
Mills
3-29
3-31
$1.75
(quar.)
;
Brothers,
Finance
preferred
Stonecutter
1
(quar.)__
com.
Telephone
&
preferred
pfd.
Co
preferred
G.I
3-29
4-
50c
Electric, common
Southwestern Investment Co.,
5%
1
G8:t4c
(quar.)__
Royalty
3-29
4-
Co.—
(quar.)
Franklin
2-24
4-1
62%c
Participating original preferred
Southern
3-31
3-14
15c
iquar.i.
com.
3-31
4-20
25c
(quar. )
(quar.)
preferred
iquar.)
5% %
3-15
4-29
750c
iquar.)
Corp.
preferred
Southern
2
4-
750c
Carolina Electric & Gas,
5%
3- 3
3-2
Ltd.—
iquar.)
Snap-On-Tools
1
3-22
4-2
71834c
Mills,
3
10c
B
Paper
f
750c
(quar.)
Shawinigan Water & Power, 4% pfd. A iquar.i
dividend
9-28
12-28
1
$1.06V4
3-31
B,
$1.50
$1.50
3-
3-10
3-31
Stock
iquar.)_
(quar.)
1
3-15
3-24
3-31
Class
preferred
1
7
20c
(resumed)
com.
iquar.)
Co.
6-15
preferred
.
3-
75c
Inc.,
*
6%
3-15
3-15
1
40c
6%
America—
6%
6%
3-
3-31
90c
State
Company, 4%% pfd.
3-7
4-
9732C
Standard
reported.
4-1
40c
iquar.1
quar.)
75c
date
3-10
quar.)
Standard
i
the
3-31
(initial
South
1
15c
Brewing
Co
Minneapolis, St. Paul & Sault Ste. Marie RR.
3-17
3-
Water Co.
____
Minneapolis
3-17
15c
Middlesex
__________
3
3-15
$1.50
(initial
3-31
60c
preferred.—___—■:
Robbins, Inc., common iquar.)
preferred
Medford
$1
1st
3-
1
4r
pieferred
was
$6
3-13
50c
preferred
3-24
4
2-28
$1,50
Corp
preferred
Chemical
1
4-
$1.75
iquar.)
Corp
3-21
3.60%
Searle
___
Corp.,
3-30
a5%
1
3-15
3.90%
3-15
3-10
4-
1c
(initial
A
Ralston
40c
——
(quar.)
Chemical
1
73c
(quar.)
Coip
preferred
Macotta
3-
2-11
725c
—_—__—
Asphalt
Mathieson
Co.
Investors Second
Massachusetts
3-14
2-28
50c
ordinary (final)
Sons (increased)
&
Martin-Parry
4-14
12Vic
Ltd.,
Co.,
2
$2.50
(quar.)
iquar.)___
International
Marconi
5-
lTVic
Company
Corp.
4-14
87%c
(quar.)
Electric
&
Mangel Stores
2
3-10
740c
Ltd—-2_
Mines,
|R.
3-10
5-
25c
(quar.)
75c
760c
iquar.).
50c
Mining
Nopco
3G0
1
715c
Transit Lines (quar.)—
(Walter M.) Company, Ltd. (quar.)_
Macassa
1
4-
12 V2C
(quar.)
Angeles
Lowney
4-
8c
•
Star
7%
1
4-12
12 lie
(quar.)
Angeles Investment Co. (increased quar.)
Maul
4-
3-31
30c
Extra.
Marsh
2-21
12(2C
Corp
Lipe Rollway Corp., class A
$1 convertible preferred (quar.)
Macy
1
50c
Co
Petroleum
Liberty
Los
3
35c
Ltd
iquar.)
Tire
&
Fink
&
Lone
2-28
725c
(quar.)
Sons,
Extra
Los
1
75c
Co.
A.)
Rubber
Leich
1
2-17
(accum.)
Mohawk Power Corp., com.
Class
1
1
Ltd.—
(increased!
Light
Industries,
3.40%
3-15
3-
2-17
3-
S3
Mines, Ltd
(John
Lehn
1
3-28
718c
(accum.)
3-15
50c
Luz
Lee
preferred
3-20
1
4-
15c
(quar. 1
Ltd..
Gas
preferred
Porter
3-31
75c
Inc.
4
1
4-
37>2c
Mines,
Corp.
9-1
3-
Telecoin
Newmont
Perlect
2
3-31
25c
37V2C
(quar.)
Co.
class A
3-10
15c
-—
1
iquar.)
4-24
•
20c
new
Telegraph
3-
50c
4-21
15c
Distilleries Co.,
Globe-Union, Inc.,
Gold
:_
1
15c
—
4-21
15c
(quar.)
Marble
Glenmore
Class
La
4-
$$1.25
:___
preferred (quar.)____
a
Brewing, class A iquar.)
3-15
2-27
2-28
iquar.)
Mfg.
6-2
12-
20c
York
Niagara
7-1
10-1
1-2-51
12,/2C
iquar.)
(quar.)
Haven
4 Ia %
3-15
1
Co.—
Extra
2-28
20c
15c
50c
Genesee
1
2-28
$1.50
Mersey Paper Co.,
75c
Printing (quar.)!______
Corp. (increased quar.)
1
4-
4-
(quar.)
Mergenthaler
$1.25
General Manifold &
3-15
4-
3-14
4-
(quar.)
1
2c
(quar.)
3-15
2-28
Inc.
1
15c
Box
3-15
1
4-
common
class A
$6
Co.,
Press,
6
_
(quar.)__
4-15
4-
3-15
preferred
prior
3-
T
Company (quar.)
Fireproofing Co
5%
6%
3-
15c
Investors
Galveston-Houston
3-15
4-
Corp
Gold
3-
10c
(quar.)
3-10
25c
Co.
Organization,
Kerr-Addison
3-15
7 $1.19
Co.___
1
4-15
4-
(quar.)
Copper
3-15
3-15
4-
35c
Ry.,
Ltd.
Wheel,
25c
1
3-15*
xl(4%
750c
i«iuar.)____
Fuller; (George A.)
General
3-15
1
20c
iquar.)
com.
735c
common..
preferred
Frontier
General
3
4-
7$1.75
750c
Fraser Cos.,
General
3-
3-17
3-17
725c
i
Co.,
25c
____
iquar.)__
Extra
Gary
B
Merchants
.
Corrugated Faper
Co.
3-15
Chemical—
(quar.)__.
Transit
Foundation
General
Class
McKinney
preferred
&
Kent-Moore
$4
dividend
3-30
3-30
xlV4%
Electric—.
Sugar
Maytag Co.,
Inc.—
(increased
Common
2-15
50c
Stores,
Common
2-15
1
3-15
720c
Corp
Utilities Co.,
preferred
Fair
iquar.)_
Co
Power
Public
1
3-
30c
iquar.)
Cleaning
Fibre Products of
3-
$1
Inc.
Gas
Kekaha
Madison
Co.—
(quar.)
preferred
3-15
4-
$1
Co.
3-31
$1.75
Telegraph
Gregg
Products,
4%%
3-24
3-24
Co.—
Special
Fabricon
Fenton
+$1
1
37Vic
_.
iquar.)
Luminator-Harrison
iquar.)
Ero
Kansas
3-10
3-
3-
$1.75
quar.)
Southern
25c
2-20
3-15
6
30c
Kokenge
City
preferred
Laclede-Christy
25c
State
Bay
&;
4%
Lang
6834C
iquar.)
guaranteed
Kansas
4-10
4-
3-15
xl34%
(s-at
Machine
(initial
2-27
62','2 c
iquar.)
preierred
&
4-10
15c
_
(quai.)
Electric
New common
Julian
3-14
50c
3-
3-31
$1.62(2
<quar.)__
Insurance
—
New
Joslyn Mfg. & Supply Co.—
4-25
2-28
2-24
3-21
$1.50
(quar.)
Lamson
3-10
4334c
(quar.)
preference D iquar.)
Lake Sulphur Co.,
Steel
Newport
3-17
4-
$ 15c
Sugar Refining Co
England Telephone & Telegraph Co.„__
Hampshire Fire Insurance Co.—
Northland
iquar.)
4-25
25c
iquar.i
iquar.)
5preferred
Emerson
Co.
10c
(quar.)
Co., Ltd., com. iquar.)
C
$1.12%
50c
iquar.)
iquar.)
common
preferred
4-15
.
3-29
$$1.75
Extra
Electric
1
:___
4-29
5c
__
Investment
5-
Kelley Island Lime &: Transport Co
50c
iquar.)
Machine
Extra
Economic
3-13
775c
Kelsey-Hayes
1
25c
__I
__
Co.
3
(quar.)
B
87V'2C
_
Iron
(accum.)
Co.
preference
75c
Cc
4-
(accum.)
(accum.)
Mfg.
preference
Keyes Fibre
_____
Inc.
Coal
3
740c
pfd.
3-
$1
Company,
Sugar
3
3-
(quar.)—
preference
Kingsport
Extra
Duriron
3-
3-31
(interim)
2-25
25c
_
Manufacturing
3-31
(quar.)
com.
3-10
Inc.—
iquar.)
Nemours—
(quar.)__.
pfd.
7%
7%
3-20
50c
__
_
Laboratories,
3
3
75c
Public Service
&
3
3
50c
7%
Jones
4-
$1
pref.
preferred
3-20
3-
25c
Shoe Corp., 6% pfd.
Irving Trust Co. (N. Y.) (quar.)
7%
1
4-15
3-31
15c
iJohni
5%'
4-
Chemical—
&
Co.,
preferred B
Jamaica
1
3-15
30c
Light & Power, 6%
preferred A
Irving
1
3-
3-31
50c
Silver
Fireman
3-
3-10
20c
Foundation, Ltd.,
Kennecott
(quar.)
Electric
6(2%
Iron
3-10
3-
(quar.)
Salt
convertible
1
7$1.25
71712C
interim)
preferred
6%
Iowa Elec.
3-
1
731'4c
15c
preferred
(first
3-15
3-25
Ltd.—
_
de
Investment
4-
3-
iquar.)
International
2
6
3-31
preferred
International
2-25
I2V2C
•__
___
preferred
Duncan
I
iquar.)
(quar.)
B.)
Common
Minerals
3-
3-
3-31
Copper
3-15
12%c
A
(quar.)
$3.50
Consolidated
3-4
30c
(quar.)
Co.
I.)
Inspiration
3-30
3-15
720c
(quar.)
3-4
3-10
2-20
8
4- J
715c
iquar.)
National
7$1.06V4
3-14
3-15
National
40c
(initial)
Brownhoist
Tenn.
Pipe Co.,
6
3- 3
715c
&
6
3-31
3-15
(HartfordI—
Mills, Ltd., class A
Sewer
3-
3-10
25c
(quar.)__
4-15
$1
Co.
iquar.)
Lile
&
Accident
Screw
3-
1
3-10
1
50c
common
Insurance
convertible
1
750c
com
Industrial Wire Cloth Products Corp.
Inc.,
National
1
3-
2-23
1
4-
iquar.)
Nashville
4-
30c
(s-a)
Ltd.,
iquar.)
3-14
25c
Co.,
convertible
preferred
National
4-
25c
& Light Co
International
2-15
1
15c
Color Corp.
&
Power
3-15
1
3-
50c
.
3-31
3-
3-15
3-
3
4-
744c
iquar.)__:._
Hosiery
New
(initial)
3-31
62 VaC
2
3-25
3-
750c
50c
Common
Industrial
4%
3-
712%c
irreg.)
i
preierred
Industrial
3-10
30„c
preferred iquai.)
conv.
preferred (quar.)
Bancshares
(irreg.)
5%
3-31
National
New
(quar.)
Jefferson
(quar.)
Ltd.
(Allen
5%'
4-15
no
Baking Co
International Elevating Co
12l/2C
iquar.)
_
$4.50
Food
4-
4
A
payment.
(quar.)
Acceptance Corp.,
5%
4(-4%
A
Class
15c
5%.
(quar.)
Textile
Pont
Florida
45c
10c
Co.
Common
Florida
2-20
62 VnC
A
;
Mont
Faber
1
40c
preferred
Corp.
Driver-Harris
4%
3-
«
Inc
Mines,
7%
Indianapolis
Industrial
$1
(accum.)
7%: preferred
5%
1
3
3-
Co.
Co.
Paper
4-
3-
3-20
took
23
preferred
class A
Company
Imperial
Class
45c
Ltd.,
Statler
Cement
4-15
Industries, Inc.—
Cream
Dominion
Feb.
on
Transit
W.)
3-14
$1.50
___
Raynolds Co., class
Stores
Elliot
?
Ideal
7%
iquar.),_
America—
Cigar Corp.
Inc.
Dobeckmun
Easy
3-10^
710c
of
Recoros,
lee
East
Hubinger
6c
common
Class B
5%
Hotels
3-10
10c
DWG
du
3-10
1
1
Ltd.— '
Co..
Extra
Du
1
4-
9
2-16
76c
(F.
4-
25c
Corp.
Cutler-Hammer, Inc.
Dome
4-
3-15
3-
1
40c
._
Co
Rapid
$1.50
53 VsC
iquar.)
5%
Sons,
Co.
(Helena)
Dixie
3-10
25c
(quar.)
preierred
Diana
3-31
Horner
20c
:
L.), Ltd
conveitible
Devoe
Honolulu
1
1
6
3-
New
40c
J
:
Corp.
Investment
preferred
Dejay
3-
3-15
44-
$2.40
Quarterly
3-15
Fire
20c
__
Quarterly
4334C
5Vi%
Lines,
Holder•
Payable of Reo,
—
iquar.)
Co
National
Manufacturing Co. (quar.)__,
Holhnger Consolidated Gold Mines,
Ltd.—
3-30
National
■%
common—
$1.25
iquar.)
quar.)__,
Lithograph Mfg.
(C.
Co.,
$1.50
pfd.
(quar.)
Iron
Petroleum
Decca
2-27
2-27
(Hawaii)
Register
$4 preferred A
37(20
(quar.)
Co
meeting
the
on
4-14
City
50c
pfd.
Inter-City
Quarterly'
50c
3-10
$1.75
(increased
&
W.)
Powder
1
Cash
50c
6%
Hobart
750c
Consolidated
5%
1
action
5-
3-20
National
520c
(quar.)
$1.50
common
Commonwealth
Curtis
3-
$56
_
(quar.)
preierred
of
3-10
(Dayton, Ohio) —
Products, Inc.,
Coleman
Cream,
Hercules
25c
.■
(quar.)
Dairy
Crucible
2
$1.75
preferred iquar.)
Cleveland Graphite Bronze Co., com.
>5%
preferred iquar.),
iR.
2
3-
$1.50
non-cum.
6%
3-
1
New
Oil
preferred
Grain
1
4-
$1.50
(quar.)
iquar.)
City Railway Co.
Cottrell
1
4-
45c
Securities
Cosden
4-
Power—
common,
Cotton
41/4%
3-24
Ltd.
Brewing
at
3-17
1
$15c
(initial quar.)
com.
preferred iquar.)
Hendry iC. J.) Co.—
Directors
1
Telephone Co.
$1.50
.___
(irreg.)
Industries, Inc.—
(Heiene) Industries, Inc.).
(George
4-
37VaC
7%
$1.15
'
preferred
Towel
Colorado
3-15
1
Helme
10c
Chickasha
Coble
4-
87 V2 c
iquar.)
Christiana
6%
2
Transit—
preference
7%
6
3-
30c
iquar.i
(quar.)
Chemical Bank & Trust Co.
$7
3-
3-15
50c
quarterly
partic.
Chicago
3-24
$2.50
iirreg.1
Century Electric Co
Charleston
Curtis
$2
iquar.)
preferred
&
Curtis
(See
50c
Co.
4.60%
Light
Heiene
3-10
720c
Co
3.50%
Ohio
Heileman
3-10
1
9334C
iquar.)
c
Power, common
preferred iquar.)
Central
3-10
1
4-
30c
Process
preferred
1
4-
$$1.75
Maine
6%
<G.)
4-
50c
I
(quar.)
new
Electric,
3-
When
Share
Breweries, Ltd., common
preferred (quar.)__
7%
National
(quar.)____
Lithographing Co.,
25c
iquar.)
(quar.)
(quar.)
Apartments Corp.
Central
Hawaiian
7$1
(quar.)
Ltd
Cooke,
Havana
3-31
7$2
(quar.)
_
preferred
3-31
4-15
3-15
25c
Battery Co., Ltd.
$$1.25
pfd.
Kennedy,
Company,
1st
Cavalier
preferred
Per
Name of Company
Mutual
National
Grinnell
4-15
2-20
Y.)—
Brewery Co.—
Hathaway Mfg. Co.,
I quar.)
preferred
Castle
convertible
5%
3-15
40c
(N.
(irreg.)
722V2C
Carolina Telephone & Telegraph
Cassidy's Ltd., common
7%
Western
Common
721c
preferred
Carey,
1
Ltd.—
Extra
Canadian Oil Cos., Ltd. 8%
b'/c
preferred
(quar.)
12 %c
Indemnity
quarterly
Daniel) Company
i
Griesedteck
7S2.25
Co.,
American
3-10
41
*
Holder«
3-30
50c
3-15
2-25
Increased
quarterly
(885)
Payable of Reo.
50c
1
737 %c
When
Share
Steel
3-15
Ltd.—
Canada Permanent Mortgage Corp. (Toronto)
Increased
City
750c
(quar.)
Forgings,
(quar.)
CHRONICLE
Per
Name of Company
Granite
725c
preferred
conv.
Canada
3-
FINANCIAL
'
Payable of Rec.
"15c
iqitar.)
common
&
Holder$
When
Share
Company
Forge
COMMERCIAL
3-10
3-
3-30
3-15
3-24
1
1
for
each four shares of class A and class B)
(5386)
42
THE
Per
Name of
Company
Stokely-Van
5%
Camp,
prior
preferred
Stromberg-Carlson
4)4%
1
3-16
4-
1
3-10
60c
3-30
3-13
5-
1
4-10
Paper
;
class A pld.
$1.12,/2
(quar.)
(quar.)___
50c
3-31
4-15
Products,
3-30
3-
50c
3-15
$1.06'A
5-
1
35c
4-
1
3-20
common
$1
$6
3-20
4-1
preferred
pfd.
3-15
3-
62y2c
Light, 7%
3-10
55-
4-10
$1.75
$1.50
(quar.)—„
1
1
American
Ins.
Tobacco
Tobin
&
Trust
Trailmobile
Trans-Canada
Transue
pi'd.
conv.
$1.50
convertible
Steel
preferred
Union
Carbide
Union
Carbon
United-Carv
(quar.)
Corp
Co., common
Co.
Co.
U.
3-17
1
3-6
2-28
2-2b
4-
3-10
,
50c
4-14
3- 9
$1
4-14
3-13
50c
3-31
3- 6
3-17
60c
3-31
Y.)_
(N.
3-31
3-10
50c
$1.12V4
4-14
4- 1
3-15
3-29
3-15
2-28
100%
3-31
2-28
$1.50
4-
1
3-15
3-10
4-10
—
4% pfd.
4V2% preferred
Inc.,
—
(quar.)-—
(quar.)—
—,
dividend
1
—-
Virginia-Carolina Chemical Corp.—
6%
participating preferred (accum.):
Vulcan Detinning Co., common (quur.)_
7%
preferred
Waldorf
(S.
D.)
Washington
Co.
Services
Jet
West
Coast
&
(quar.)—
3- 1
3-15
2-24
4-17
3-20
3-
3-15
3-
3-
2-15
—
<quar.)_—
(J.
Wood
Woodley
5%
C.J, Ltd.
preferred
The
1
1
books
a
Less
British
x
Less
30%
income
Jamaica
231.
p.
140.
p.
this the
which
the
Illinois
to
stockholders
Electric
&
Mr.
of
of
original schedule
to
com¬
said.
Dern
United
Kansas
SEC
170,
$1.25
12V2C
Iowa
of
Co.
will
have
not
distribution
will
be
Kansas
the
distributions
Gas
& Electric
City
that
made
Power
will
be
Light & Rys., after
Light Co. and of Iowa-
&
distributed
definite
the
about
Light
&
St.
the
to
United
dates,
stock
&
Mr.
Light & Rys.
of
Dern
Light
Joseph
middle
Co.
Power
3-
3-15
>
3- 9
3- 9
2-21
1
3-31
3-24
4-1
3-15
3-15
the
Power
&
March,
said,
stocks
Co.
before
toward
Light
the end
the
the
Co.
end
Co.
offering of
and
&
Light
171,
the
award Feb. 20 of $2,460,000 2 ¥4% equipment trust
certificates, series N, maturing annually March 1, 1951 to
1965, inclusive. The certificates, issued under the Phila¬
delphia Plan, were reoffered Feb. 21, subject to Inter¬
state
Commerce Commission authorization, at prices to
yield from 1.30% to 2.45%, according to maturity. Other
members of the offering group were R. W. Pressprich &
Co.; A. G. Becker & Co. Inc.; Otis & Co. (Inc.); Freeman
Co.
&
bid
and
of
Co.—To
Borrow
pf
the
borrowings
common
and
to
are
be
used
for
now
from
after
Banks—
the
1950
to
share of
one
issue
the
company's
stock
new
and to issue and
proceeds
than
sell
the
at
Non¬
source.
which
of
for each
sell
would
until
persons
be
page
to
of
first
loans
repay
request
a
from
NOTE—The
persons
ry.
Gross
increase
The
last
from
given
were
until
Feb.
28
to
request
ry.
expansion
for
demand
the
Appalachian
The
natural
added
area,
horsepower
pressor
company's
to
the
1950
pipeline
system to
daily
delivery
capacity
Federal
Power
$6,761,300
$1.27
after
giving effect
to
pre¬
the company's expansion
delivery capacity of the
Mcf., according
to Gardiner
total
daily
The
shares of
principally to meet the
the existing pipeline and in
of pipeline and 20,200 com¬
along
miles
486
includes
Buffalo, N.
1,060,000 Mcf.
to
395-mile
a
Y.,
near
Commission.
The
of
the
increase
in
extension
last
the
of
year
of
wholly
oil
•
A
order
has
for
been
the
placed
the
Co.,
Inc.—Con¬
production
with
this
of
soft
drink
by
company,
the
machines
volve
several
involved
million
in
Of¬
ry.
the
dollars
contract,
of
but
1)
It
also
in
acreage
its
on
initial
an
Southeastern
Earle
Completes Well—
tested
is
in
acreage
the
production
drilling
in
ry.
to
Thompson,
net
of
excess
well
this
they stated
that
it
will
in¬
production business for TEMCO during
stock
for
torical
1948
1949 and
to
beginning
its
per
would
the
On
have
been
income
stock
the
the
$10,490,667
of
of
the
the
$8,625,135 for 1948."—V. 170,
recapitalization
holding com¬
latter
p.
would
year
3,200,000
comparable
a
statement
its
the
or
shares
half
basis,
$3.27
company
company
have
of
of
been
common
consolidated
per
and
was
share.
net
The
Super Vend
different
machine,
machine
which
will build, is a soft
purchaser a choice of
TEMCO
gives
which
the
beverages by the turning of
a
selection lever.—V. 170,
p.
drink
three
2068.
His¬
$9,303,157
Profit
,
pletion
Texas Utilities Co.—Registers With SEC—
The
Other
16 filed a registration statement with the SEC
covering its proposed common stock financing proposal.
company
on
be used for
adidtional
common
sell 400,000 shares of its common
bidding, the proceeds of which
stock
investments in
Co.;
operations
and
$3,000,000 would be invested in Dallas Power & Light
$2,000,000 in Texas Electric Service Co.; and $1,500,000 in Texas
Total
1950
of
to
a
income
1950
1949
$4,135,399
depreciation,
$5,259,752
de¬
taxes
(net)
Provision
for
for
124,470
1,046,469
Dividends
on
/
an
order giving interested persons until March
hearing
this company.—V.
upon
171, p. 788.
the
common
stock
financing
2,
proposal
preferred
stock
Earnings
—V.
171,
$1,963,400
$2,626,452
152,474
153,051
$1,810,926
per
p.
common
\
$2,473,401
$2.01
share
398.
9,940,150
9,850,258
4,545,064
4,940,897
5,085,592
4,500,292
140.
p
Alabama—Earnings—
1948
1947
1946
$329,941
$205,770
13,818
48,595
"113,495
income.—
38,661
19,896
22,304
"21,472
4,052,450
4,483,312
902,852
3,993,220
718,488
3,716,225
727,783
income.—
303,013
427,371
262,853
264,094
171,
~
•
211,122
140.
p.
White
Mexican
sales
of
before
Whites.—V.
171,
(& Subs.)—Earnings—
taxes
565,141
171,
assets
to
446,814
$902,367
-
current
—V.
Jan. 8.'49
7.'50
$46,973,867 $41,492,976
1,467,508
1,161,361
taxes
income
for
595.
p.
Jan.
income
profit
Dividends paid
Earnings per common share
Net working capital (end of
$714,547
$2.47
230,520
$2.00
$6,999,988
$4,353,782
274,500
—
period).
debt—
current
3.41
2.60
699.
p.
.
*
,
'
1
Wisconsin Central Ry.—Brief Filed—
A
capitalization
asked
by
the
ICC
in
at
of
preferred
had
least
$70,000,000
stockholder'
with
connection
reopened
the
and
in
company
filed
brief
a
provided
for
was
with
which
reorganization
of
which
this
for
committee
plan
the
capitalizat.on
a
$47,000,000.
for
than
not
the
It
and
that
the
said
5s
It
in
the
proceedings
stated
was
ten
years
with
the
forecast
that
1939-1948
$1,666,184.
of
the
Canadian
through
of
1959.
Pacific
ownership
of
Ry.
has
claim
a
Wisconsin
by
income
averaged
operating ratio of 81.17% employed in
higher than recent or current ratios.
that
$14,000,000
made
Line.
the
in
contrasted
year,
refunding
Soo
charges
substantially
was
committee
The
more
first
per
stated
also
forecast
the
of
fixed
forecasts
revenue
McKenna
J.
$2,954,930
was
attacked
brief
Harold
It
the
of
Central's
It
charged that "working control, if
direct actual control of the debtor, is the principal objective of
Canadian
Pacific
in
this
reorganization.
is
our
contention
upon
the
allocation
that
the
consummation
it
to
Wisconsin
of
imminence
6f
a
of
plan
securities."—V.
new
control
cannot
171,
p.
be
by Canadian
overlooked in
595.
Motor
Corp.—Secondary Offering—Charles
14 made a secondary offering of
2,000 shares of common stock (par $1) at $13.50 per share.
Gerlach
1,700,000
-
j.
Balance
10,846,749
&
Co.
on
Feb.
1,001,748
1,250,000
taxes
profit
42,066,194
8,343,165
$351,714
Net
(Alan) Wood Steel Co.—To Pay 5%
The
the
Net
39,990,009
agreement
Provision
$5,328,200
depreciation and depletion___
income
985,027
44,038,237
68,448
$4,259,869
Federal
"293,876
40,881,793
_
75.249
the
of
directors
outstanding
record
Jan.
$2.74
The
June
last,
1,
common
has issued
request
Profit
(& Subs.)—Earnings
profit
Provision
Power & Light Co.
The SEC
Federal
income
before
subsidiaries.
Approximately
of
Pacific
Feb.
The company proposes to issue and
stock
(no par value) at competitive
would
Virginia Pulp & Paper Co.
from
671,466
"180,845
"16,045
sales
the
West
$2,535,064
1,463,602
Winn & Lovett Grocery Co.
for
2588.
3 Months Ended Jan. 31—
1946
1947
$4,039,201
28 Weeks Ended—
subsidiaries
ihe current year.
cup-vending
1948
164,930
Super Power Trucks rolled off the assembly line
City .plant of Automotriz de Mexico, S. A., in January
announced by this company.
The Mexican firm
established
to
assemble
the
White
Trucks
to
supply stock for
Net
(preliminary, subject to audit)
for
the
on
the
of
eight
Mexico
available
in
788.
1949
first
an
most
of
following
to
locomotives, and
171, p.
$333,797
oper.
the
under
1,000
its
1949:
1949
of
income
share
net
for
simplification
subsidiaries
common
issued
consummated
were
outstanding.
consolidated
applicable
has
company
corporate
which
and
$3.31
or
presently
income
the
the
of
the
consolidated net
company
$10,619,127
at
as
and
both
the
year,
the
ma¬
Vend Sales
L. Howard,
effect
company
system,
pany
of
following
not loss
White Motor Co.—Mexican Assembly Plant—
on
Co.—Earnings Higher—
President,
income
cost
,(:.
171,
"Deficit.—V.
Ratio
Scurry County between the Van Roeder
County and the Sharon Ridge field of
595.
p.
the
to
$3,232,145
from
from
Net
Borden
171,
for
freight
County,
Scurry
semi-wildcat
a
road
provide
estimated
Jan. 1—
The
S.
relative
*
to
Co.—Earnings-
.
oper.
From
Feb.
producing subsidiary, has completed its first
a
No.
West Penn Electric
of
cup-vending
Super
Corp., Chicago, 111., it was revealed on Feb. 17. Neither H.
Executive Vice-President and Treasurer of TEMCO, nor M. G. Hammergren,
President of Super Vend,
would reveal the exact number
of
before
or
used
railway—
Commission
to
the
2%s,
railway——
from
the
that
large
for
daily.
County.—V.
"Giving
Manufacturing
&
Corp.,
Haines
field
owned
of
Scurry
of
Engineering
Oil
Lydic
oil
by
system
tract—
chines
Stock
the
an
authorized
as
Further
and
extension
Warren
barrels
Salomon
railway
railway—
Net
(par $10)
on
conversion
upon
Texas,
Corp.,
For
ijointly), old
Bros. & Hutzler,
$3,689,$42
income.
oper.
from
Gross
at $20.50 per
represented, the balance of 240,000 shares
These
(the
field
system.
to serve the New England area and an increase in
capacity to 1,310,000 Mcft is currently sought before
hearing is scheduled to begin March 7.—V. 171, p. 754.
Texas
stock
common
Warren Petroleum Corp.—Unit
well
Massachusetts
FPC.
Common
—
20, 1950 of
$4,000,000 of 3V8% convertible debentures due April 1,
1963, being the amount called for redemption on March
2, 1950.
The remaining 224,616 shares were issued upon
conversion.—V. 171, p. 595.
daily
made
year,
gas
program
main
the
last
program
additional
electric
December—
hearing.
a
of underwriters, headed by Stone &
Corp., on Feb. 24 publicly offered
group
be
equipment
1949
"Deficit.—V.
was
A
Securities
issuable
$1.65
and
100.0367.
Brothtrs
1,086,749
railway-
_
railwayrailway—
from
Net
Gross
brought about by
was
year
diesel
12
from
Net
2231.
p.
—
share.
.—
which increased the
system
615,000 Mcf. to
710,000
Symonds, President.
program
will
railway
oper. income—
Net
15,384
$8,652,200
taxes
100.6213,
Higginson
Lee
bid
Inc.,
From Jan. 1—
hearing.
and its subsidiary, The Western Colorado Power Co.
17 applied to the SEC for an order permitting Western to
refinance
$1,000,000 of 3%%
notes
held
by Utah and maturing at
various dates in 1950 by issuing in
exchange therefore a new 4% note
in the same principal amount and
maturing July 1, 1963.
170,
2%s,
Lehman
and
switching locomotives.—V.
Western Ry. of
company
Webster
1948
Co.,
Co.
&
For
con¬
Feb.
on
fered
8
viz:
&
railroad
from
at
Co.—Earnings—
outstanding,
proceeds
gauge
electric
Gross
eight shares
$10,000,000
used
March 6 to
Virginia Electric & Power Co.
1949
4,666,667 shares
ferred dividend requirements.
Corp.,
stock
common
Unit to Refinance Notes—
tax.
share—
Co.
Boston
$3,086,000:
diesel
Net
interested
gave
Interested
income
(Inc.)
standard
new
'*
,
and
construction.
!
common
per
Hall
&
submitted,
100.571.
Net
J.
during
outstanding,
bonds,
SEC
This
tax.
tax.
on
Harris,
Ripley
First
Net
for
program.
company proposes
the minimum basis of
mortgage
dividend.
Canadian non-residents'
Year Ended Dec. 31—
income
were
and
100.091,
100.7603;
Hutchinson
bids
Western Pacific RR.
22,
The
Investment News
"Based
McMaster
other
Harriman
595.
p.
Financing Later This Year—
The
General Corporation and
""Earnings
Light & Telephone Co., Inc.—Bonds and De¬
and
March
1950, and bearing Interest at the greater of 2% or the interest
rate prevailing on loans by the Federal Reserve Bank of New
York, but
in any event not higher than 2)4%.
on
by
Iowa-Illinois
of
June.—V.
of
of
Feb. 17 applied to the SEC for authority to borrow
during the year, amounts which in the aggregate will not
$10,000,000, the borrowings to be represented by notes payable
struction
used
hearing.
a
first mortgage 3% bonds, series D, due Feb. 1,
1980, at 101.99% and interest and an issue of $1,250,000
sinking fund debentures, due Nov. 1, 1969, at
ICO.72% and interest, through Harris, Hall & Co. (Inc.)
and The First Trust Co. of Lincoln, Neb.—V. 170, p. 1959.
company on
Proceeds
be
500,000
banks
3- 6
deductible
Iowa
of
Power
Plans New
The
will
2440.
p.
December—
Utah
funds
The
until Feb. 28 to request
3V2 %
Five
United
of
Power
be
fixed
contemplates
management
from
3-31
3-28
3-28
months.
persons
bentures Placed Privately—It was announced on Feb. 21
that this corporation has placed privately an issue of $1,-
The
Net
interested
gave
•
directors
3-3
56)4c
from
11
construction.
for
PURPOSE—The
While
Institution—
Continued
than
more
stockholders.
2-23
5c
Tennessee Gas Transmission
not
v
—V.
Light & Railways Co.
City Power & Light Co.
stockholders
stocks
its
Continental Gas & Electric
first step in the program.
stock of St. Joseph Light & Power Co.
common
to
common
Gas
June,
to
transactions,
the
as
stock
—V.
1
in
Colorado
Western Maryland Ry.—Equipment Trust Certificates
Offered—Halsey, Stuart & Co. Inc. and associates won
Liquidation Approved by
adhere
next
by
the
3-3
60c
—
to
preliminary
liquidated
sale
1
________
income
expects
common
1
50c
$1.25
this
171,
Rys. Co.
the
6-1
3-15
for
9,366,488
this
for
2-28
closed
maturing
Missouri—Merger Planned-
above.—V.
Next,
3-
—
not
$6.10
offered
7-1
4- 1
tPayable in U. S. Funds, less 15%
tPayable in Canadian funds, tax
resident tax 15%; resident tax 7%.
$7.98
Co.
of
distributed
be
3-15
Quarterly
♦Transfer
be
Following
will
5%
Mercantile
Co-operative
various
will
H5c
(quar.)
American
liquidation
the
4-
75c
Corp.
$3.55
discounts, returns, and allowances.—V. 171,
After
Corp.
_
(quar.).
75,666,792
9,479,788
57,206,352
28,807,314
83.20
management
Dec.
preferred
452,881,521 361,842,474
102,335,053
28,806,344
company and of its subsidiary, Continental
&
Electric Corp.,
on
Feb. 16 approved the liquidation of both
companies, John Dern, President, announced.
The liquidation plan had been approved by the SEC last month.
3-10
(quar.)
4>/a %
aggregate,
Western
35,727,371
Gas
2-23
—
the
315,000
46,501,216
92.210,192
stockholders
1
Wyatt Metal & Boiler Works
Yolande
Zion's
The
3-14
(quar.)
in
Co., for a cash consideration of $300,000,
during 1950 from Utah amounts not exceeding $1,000,000
the borrowings to be represented by 3)4%
notes
to borrow
and
Stockholders—
3-
Petroleum Co. (quar.)
& Lothrop, common—
Brothers,
4,050,000
57,180,998
502,975,546 537,679,403
United Light &
20c
Woodward
Woolf
4,050,000
—
expenses
exceed
(Alan) Steel Co., com. (stock dividend)
preferred (quar.)
1——*
5%
8,394,899
company on Feb. 17 requested SEC authorization to issue and
additional 15,000 shares of its $20 par common stock to its
an
640,014,456 528,548,313 419,048,826
53,644,219
—
taxes
North
(quar.)
Inc.
H.),
,
promis¬
Union Electric Co. of
See
25c
Wilson
—_
2.70%
share
4-1
$1
$1.25
75c
(quar.i
Extra
(Consider
deple
&
"Less
3
(quar.)
Works
Willett
$
*
521,844,814 414,988,315
6,703,499
4,060,511
4
common
preferred
Machine
interest.
3-31
—
Co
Telephone
prior
$5
35c
$1.50
—
(initial)
Wheeling Steel Corp.,
Whitin
8
3-17
2-10
50c
(
Wells-Gardner
3-
3-20
25c
pfd.
$6
Power,
Ltd.
Welex
4-
UOc
(quar.)_.—
(quar.)—
Water
4-20
25c
15c
Inc.
Waterous,
3-20
35c
75c
(quar.)
Corp.
System,
Warren
40c
(quar.)
"Wagner Electric
accrued
parent, Utah Power & Light
417,802,512 454,705,410 389,420,731 311.308,725
27,4_8,815
21,742,995
16,644,574
14,806,378
income
plete
Inc.—-
—
Upson Company,
Viking Pump Co
$
sell
The
capital shs. (no par)
Per
3-10
40c
50c
Manufacturers,
Co.
Wallpaper,
$
1946
The
selling
notes
Total
Net
No.
3- 9
Corp
Special
Stock
1
25c
&
Storage
Guarantee
S.
6
6
6
3
3-10
50c
(quar.)
1
3333-
4-
50c
Corp.
<quar.)__
Merchants
Cold
United
4-
$1.25
(quar.)
(quar.)
Quarterly
S.
1947
631,619,557
595,205,738
sales,
on
Income
2-15
—-
United
U.
(& Subs.)—Earnings—
1948
9,424,297
—
& admin. exps.__
gen.
3- 2
3-31
3-15
3-31
3-
10c
Fastener
Fruit
1
3-10
Extra
1
of
Coat
3-18
50c
—$1.12)4
37'/2C
50c
1
Co
RE.
4- 1
4- 1
25c
Corp
and
100
Western
3- 1"
3-15
3-15
3-10
1
53'/aC
—
(quar. i__
com.
(quar.)__
Carbon
&
3-14
3-15
3-1
2-22
4-
}$0.346
Forgings
preferred
Investment
iquar.l
series B
Shares,
prior
United
(extra)
(quar.)
Century-Fox Film,
Union Pacific
40c
25c
15c
(quar.)
$1.75
4y4 7)
$4.50
United
Inc.
common
Williams
&
Twentieth
Angeles)
\quar.l
Co.,
2-28
4- 1
4- 1
4-1
3- 1
57'/2c
t25c
115c
L___—
iLos
Co.
Stocks,
preferred
1
4-
(net)
incc-ne
Total
sory
32c
1949
585.781,441
income
Other
Int.
—
(quar.)
Allied
&
Light Co.)
Carbon Corp.
$
of
Ltd
Packing Co.,
7%
dis¬
was
Ltd.—
Stores.
Tip Top Tailors,
Title
&
stock
stockholders
to
$2.29
2069.
p.
Hampshire) —
(New
preferred
Thrift
this
15
Power
Textron Inc.
$2.30
Feb.
on
170,
sales
"Gross
Deprec.
since
payment
tributed
1,177,601
395,709
"$0.24
share
Year End. Dec. 31—
4-10
Texas Utilities Co.—
(First
176,864
395,553
$1.60
shares
common
underwriting syndicate headed by W. C. Pitfield & Co., Ltd. and
McLeod, Young, Weir & Co., Ltd., on Feb. 21 publicly offered $4,000,000,
4)4 '/<
first mortgage and collateral trust bonds, due Feb. 15, 1965, at
Western Colorado Power Co.—To Borrow From Parent
2-28
(quar.)
924,141
407,271
taxes___
common
Breweries, Ltd.—Bonds Offered—
An
1
25c
Texas Power &
after
of
per
Union Carbide &
1
3
3-31
—
1947
$17,787,034 $16,648,472 $19,091,059
"Deficit.—V.
3-
(quar.)_
.
income
1948
3-21
15c
Co., common (quar.)
preferred (quar.)
Products
Net
Earned
Western Canada
Co., Inc.—Earnings—
1949
sales
Monday, February 27, 1950
3-21
33s/ac
—
I quar.)
Tappan Stove
Tecumseh
Net
CHRONICLE
FINANCIAL
Year Ended Dec. 31—
Number
convertible
preferred
4-
50c
'
Mining Co.
Sylvania Electric
$4
25c
dividend
Sutherland
3-16
(quar.)_
(increased)
Corporation
Stock
Sunshine
1
(quar.j
preferred
Company, 4%%
Sunbeam
4-
&
Thatcher Glass Manufacturing
Payable of Rec.
25c
common
Co.—
4%
convertible
Studebaker Corp.
Sun Oil
H older»
When
Share
Inc.,
COMMERCIAL
stock
board
on
Feb.
common
1,
and
was
also
stock,
1950.
on
declared
21
July
paid
similar
A
on
declared
1,
1949.
Jan.
the
a
5%
payable
1,
Stock Dividend-^-
common
stock
dividend
op
1, 1950, to stockholders
distribution was made on
July
stock
The
last
cash
dividend
on
the
1949.
regular
quarterly
dividend
per
share on the outstanding 5%
preferred stock, payable
1950, to holders of record March 15, 1950.—V. 171, p. 500.
of $1.25
April 1,
Volume
171
Number 4885
THE
(F. W.) Woolworth
Co.—Earnings—
The
1940
par
1948
$
Sales
$
sales
Net profit
Other
a
and
expenses
558,590,732
556,701,040
operations
57,058,813
J,
^
income
9,038,019
8,062,382
18.600,000
income
74,808,172
23,250.000
_
taxes
37,161,017
—
,t_
Capital
shares
Earnings
per
-"V.
p.
171,
shares
of common stock
initial
profit-sharing rights
as
other share. As of
every
outstanding....!.
share___-
43,495,790
9,703,607
_-
paid,
as
in
The
in
First
such
and
National
time
take
properties for purpose of
Further, it is expressly agreed by the
$150,000 accumulated in the depository
will
pany
return
offering 80%
Jan. 30,
York
or
be
to
cause
that
company
above
as
returned
un¬
Income
to,
be
the
subscriber
not
com¬
to
this
of the moneys by him paid.
Corp.—Earnings—
income
from
accrued
before
Income
there
if
agreed
each
to
Three Months Ended Dec. 31—
Gross
taxes
1949
sales
providing for
1948
$8,167,264 $11,440,060
—
income
taxes.—
177,888
728,088
69,120
290,198
$108,768
$437,890
,
(est.)
of
excess
STATE AND
Bank
the
as
of each
earnings
Earnings per share
Earnings
and every such subscrip¬
of
total
Net
Orders
Lewistown, Montana, as
such
deposits aggregate
of
company
will apply
to
the
said amount
said
apply
purchase
net
proceeds
towards
moneys,
said
this
which
and
make
CITY
re-opening
booked
"Not
on
from
from
agrees
of
preferred
share of
per
during
the
included
in
distributors
are
it
not
stock—
three
Dec.
31
$9,387,824
9,927,759
Does
accessory
until shipped.
171,
$0.37
$8,471,490
—
12,705,848
—
for
comparable.—V.
$2.73
$0.02
months
income.
gross
and
recorded
$0.68
stock
common
"Uncompleted contracts
title.
further
company
offering
deposit 80%
which event the
purchase price
$4.48
The
until
$150,000, in
9,703,607
$3.83
company agrees to
depository
€99.
operations of the sapphire mining
13
dertaking the production and marketing of sapphire stones therefrom.
at
patented gold placer claims, and 830 acres of ranch and other
lands adjacent to the lode and
placer properties, all situated in Judith
Basin County, Mont.,
U
tion
income
285,000
(887)
of
acres
The
••Net
offered
30
Corporation by assignment from Thomas P. Sidwell, President, holds
contract from The New Mine Sapphire
Syndicate, a Montana corpora¬
tion, for the purchase at $150,000 of 270 acres of patented lode mine
claims on which the owners
formerly operated a sapphire mine, 539
7,567,649
64,799,037
for
Jan.
a
]
Balance
Provision
corporation
($1 per share).
dividend and
67,240,523
7,740,224
from
CHRONICLE
1950, 600,500 shares had been issued.
from
income
Deductions
FINANCIAL
CORPORATION—Was incorporated in Montana on Sept. 24, 1949 for
1,500,000 shares of common stock, par $1 per share. Each share when
issued shall be fully paid and non-assessable and have the same
voting,
'
615,649,544 623,941,562
of
&
Yogo Sapphire Mining Corp. (Mont.)—Stock Offered—
(Including Canadian Subsidiary)
Years Ended Dec. 31—
Cost
COMMERCIAL
not
include
equipment,
The
orders
supplies
1948
hand
on
service
and
figure is
adjusted
to
398.
p.
DEPARTMENT
BOND PROPOSALS AND NEGOTIATIONS
ARKANSAS
1950.
Bond
.
Offeiing—The
Secretary
public auction at 10
March
on
11
Due
Jan.
on
inclusive.
(CST)
$500,000
issue of
an
school bonds.
a.m.
Dated Jan.
1
from
to
&
Elementary Sch. Dist.,
Placer County (P. O.
Auburn), Calif.
bonds
offered
Feb.
7—v.
County
price
Bank,
of
2.30%,
of
100.10,
171,
the
Auburn,
basis
a
p
Placer
at
of
a
about
follows:
as
$18,000
to
2s.
as
April
on
as
bonds
1.71,
offered
Nuveen &
Feb.
sewer
20
—
v.
Co., of Chicago,
as
was Blyth
& Co., for 294s,
price of 101.87.
Junction
Dist., Sacramento
County (P. O. Sacramento),
California
Bond
Offering
C.
—
C.
Larue,
County Clerk, will receive
bids until
27
for
10
the
a.m.
(PST)
purchase
of
sealed
Feb.
on
$11,000
school coupon or registered
bonds.
Dated April 1, 1950. Denomination
$1,000.
to
Due
1962
on
5s. Due
March 1 from
on
1955 inclusive.
3s. Due
as
7,000
March 1 from
on
2V2s. Due
as
March 1 in
March
on
1,
46.000
as
iy2s. Due on March
from 1965 to 1971 inclusive.
Bond
a.m.
(PST)
on
March 7 for the
purchase of $89,000
building bonds. Dated April
1, 1950. Denomination $1,000. Due
on
April 1 from 1951
office.
Westside Union School
District,
Los Angeles County (P. O.
Los
Principal and
Bond
Angeles), Calif.
$88,000 build¬
Sale—The
payable at the Guaranty
Co., New York City.
Bond
awarded to
were
posed
$293,000 3x/2 %
bonds.
Chicago, as 294s,
101.52, a basis of
about
2.56%.
The second highest
Elementary Sch. Dist., bidder
was Bank of America Na¬
Ventura County (P. O.
tional Trust & Savings Associa¬
Ventura), Calif.
tion, San Francisco, for 294s, at a
Bond Offering — L. E. Halloprice of 100.45.
well, County Clerk, will receive
on
CONNECTICUT
Feb. 28 for the purchase of $130,000 building bonds. Dated
April 1,
1950.
Denomination
April
op
clusive.
(A-O)
$1,000.
1 from 1951
to
in¬
interest
County
Treasurer's office.
ticipation
notes
Joaquin
County (P. O. Stockton), Calif.
.
Bond
school
Sale Details—The
bonds
purchased
$93,000
by Wee-
Conn.
offered
Feb.
20
awarded to the First National
were
Bank
of
Boston
and
the
New
London City National
Bank, joint¬
ly, at 0.80%
Montezuma Sch. Dist., San
London,
20,! 1950.
interest.
Due
on
Legality
approved
Thorndike, Palmer
Dated
May
19,
Feb.
1950.
&
Boston.
d'en &
Co., of San Francisco, for
as 2s, and $51,000 as 2V4S,
previously noted in v. 171, p.
as
700—were sold at
008,
a
a
DELAWARE
Bond
basis of about 2.18%.
urer
Savanna Sch. Dist., Orange
County
(P. O. Santa Ana), Calif.
Bond
Offering
B.
J.
Smith,
County Clerk, will receive sealed
,
bids until
28
for
school
11
the
—
a.m.
(PST)
purchase
bonds.
Dated
of
on
Feb.
$45,000
March
1,
11
will receive sealed bids until
a.m.
(CST)
purchase
of
on
Due
bonds
Sept.
on
1980
1
from
inclusive.
Certificates Sold
March 9 for the
$800,000 school
1950
bonds.
Dated April 1, 1950.
De¬
nomination $1,000. Due on April 1
from 1951 to 1967 inclusive.
Le¬
gality approved by Reed, Hoyt &
Washburn, of New York City.
1
in
Fayette County (P. O.
West Union), Iowa
County, Joliet Sch. Dist.
Bonds Sold—An issue
No. 86
(P. O. Joliet), III.
Offering — J. G.
Skeel,
Bond
7:30
(CST)
m.
p.
for
the
purchase of $556,000
building
coupon
bonds.
Dated
April 1, 1950. Denomination $1,-
000.
Due
1967
inclusive.
Oct.
on
from
1
1952
to
Principal and in¬
(A-O) payable at a bank or
terest
trust company
as
in Joliet or Chicago
be mutually agreed upon
may
between
the Board of School
spectors
the
and
purchaser.
gality approved by
Cutler, of Chicago.
In¬
Chapman
&
Feb.
1950
20—v.
171,
awarded to the
An issue of
sewer
revenue
bonds
offered
701—were
p.
Indianapolis Bond
Corp. of Indianapolis, as
Vzs, at a price of 100.59, a basis
of.about 1.40%. The second high¬
Jan.
1, 1950.
1952 to
Due
1
from
1980 inclusive.
ILLINOIS
Cook
County, Forest Preserve Dist.
(P. O. Chicago), III.
Bond Sale Details—The
000
corporate
bonds
$1,000,Series
W
fund,
purchased
by Stifel,
Nico-
laus & Co., A. C. Allyn & Co., and
the J. W. Clarke, Inc., all of Chi¬
jointly,
noted
sold
were
at
l%s,
as
in
price of
basis of about 1.62%.
Du
previ¬
as
171,
v.
a
586,
100.01, a
p.
cher,
Offering—Elizabeth
Secretary
of
the
Pit¬
Board
of
until 7:30 p.m. (CST) on March 7
for
the
purchase
of
$320,000
building
coupon
March
1,
$1,000.
to
bonds.
1950.
Due
on
1
from
inclusive.
Legality ap¬
by Chapman & Cutler, of
Chicago.
—
price
for
171,
789
p.
Blunt
Ellis
—
were
&
Sim¬
of
of
2.05%.
was
v.
to
Chicago, as 2V8s, at a
100.81, a basis of about
The second highest bidder
Northern Trust
2%s, at
a
,./
Sch. Dist., Iowa
awarded to the
Davenport,
White-Phillips Co.,
2s, at a price of
as
100.58.
The second highest bidder
Mingo Trust & Savings Bank,
Mingo, for 2s, at a price of 100.50.
was
Sale—The
offered
$365,000
Feb.
sewer
17
were
awarded to
City, Ind.
First
Pekin, III.
ipal building bonds offered Feb.
13—v. 171, p. 501—were awarded
to Blyth & Co., of
Chicago, on a
Bank,
of
about
1.61%.
Dated
March
Optional at
and
after
1, 1950.
ond
highest bidder
1.44%. The second high¬
bidder was Harris Trust &
est
1950.
Due
Pendelton School Town, Indiana
Bond
Sale
Feb.
—
of
20—v.
The
1950
171,
$11,667
bonds
im¬
offered
701—were
p.
awarded to the
Indianapolis Bond
& Share Corp. of
Indianapolis, as
iy2s, at a price of 100.44, a basis
of about
est
1.45%.
bidder
The second high¬
was
Raffensperger,
Hughes & Co., for iy2s, at a price
of
100.06.
p.
701—were
Indianapolis
Offering—Geo.
A.
Hulsi-
City Clerk, will receive sealed
zer,
bids
until
March
chase of $47,000
1
for
the
pur¬
bonds, divided
as
follows:
$6,000
iy4%
white
system
way
bonds.
Denomination
Due
March 1
on
from
$1,000.
1951
to
1956 inclusive.
6,000
1 y2 %
white
system
way
O.
$1,000.
1957 to
on
1962 inclusive.
awarded
Bond
Denomination
March 1 from
&
to
Share
9,000 1 Va % city hall and com¬
munity hall bonds. Due on
March
1 from 1951 to
16,000
iy2%
munity
March
194 %
until
city hall and
hall
bonds.
com¬
Due
on
clusive.
Falls, Iowa
Offering—E.
bids
1962 in¬
clusive.
March 1 from 1963 to 1970 in¬
IOWA
Clerk,
city hall and com¬
hall bonds. Due on
1 from 1957 to
munity
Cedar
1956 in¬
clusive.
1.46%.
will
7:30
H.
receive
p.m.
Kooser
to 1961
Dated March
sealed
(CST)
1, 1950.
LOUISIANA
on
March 6 for the purchase of
$220,000 water revenue bonds.
Dated
March
1, 1950.
Due on Dec. 1
1951
price of 101.53.
a
Oswego, Kan.
Bond
10,000
from
sec¬
Quail &
KANSAS
Corp., Fletcher Trust Co., and the
City Securities Corp., all of In¬
dianapolis, jointly, as iy2s, at a
price of 100.37, a basis of about
Bond
par on
The
was
Due
Bond Sale—The
$100,000 hos¬
pital 1950 bond offered Feb. 21—
171,
Nov.
bonds.
Tipton County (P.
Tipton), Ind.
v.
1,
Nov. 1 from 1951 to
on
Co., for 1 %s, at
Savings Bank, Chicago, and Union
Trust Co., Indianapolis,
jointly, for
iy2s, at a price of 100.57.
City
Bond Sale—The $385,000 munic¬
National
of about
Co., Chicago,
price of 100.27.
*
.»
Ottumwa, Iowa
Bond
1969 inclusive.
the
III.
Bond Sale
The $300,000 mu¬
nicipal building site bonds offered
—
4
ap¬
Cutler, of
of
the
1952
1970
Ridge,
Legality
Chicago, and the Fletcher Trust
Co., of Indianapolis, jointly, as
lV2s, at a price of 100.64, a basis
Dated
proved
Park
payable at the City
office.
Sale—The $6,000 building
offered
Feb.
16
were
bonds
of
to
Principal ^and in¬
Mingo Con.
Bond
1951
Paine, Webber, Jack¬
son
&
Curtis, of Chicago, and
Blair, Rollins & Co., Inc., jointly,
as l%s, at a price of
101.53, a basis
Denomination
Jan.
(M-N)
Treasurer's
from
1
Sale—The $500,000 school
improvement bonds offered Feb.
17—v. 171, p. 596—were awarded
Bond
provement
Page County Sch. Dist. No. 36
(P. O. Wheaton), III.
Bond
inclusive.
bonds
School
Nov.
on
to
Jan.
on
Due
terest
100.05.
Muncie
Smith
$1,-
000.
est
bidder
was
Raffensperger,
Hughes & Co., for iy2s, at a price
of
C.
construction coupon bonds. Dated
Jan. 1, 1950.
Denomination
—
of
F.
—
tion, will receive sealed and open
bids until 2 p.m. (CST) on March
6 for the purchase of
$1,250,000
Twp. School Township
Sale
The
$23,333 im¬
Bond
Indep. Sch. Dist., Iowa
Offering
isontt
Secretary of the Board of Educa¬
Chicago.
1
—
Keokuk
Creek
provement
price of
a
proved by Chapman &
INDIANA
Fall
IV2S, at
as
100.001.
1969
Le¬
$100,-
Wood, of
Davenport,
March
on
of
000 bridge funding bonds has been
sold to Vieth, Duncan &
6
certificates has been sold to Byron
Brooke & Co., of Atlanta. Dated
mons,
Offering—The City Treas¬
Will
inclusive.
refunding
$800,000 water and
awarded
Wilmington, Del.
price of 100.-
1970
1949
Cobb County (P. O. Marietta), Ga.
Feb. 21
$42,000
Dec.
& Share
by
Storey,
Dodge of
on
ciptal and interest payable at the
City Treasurer's office.
Legality
approved by Bannister, Carpenter,
Ahlers & Cooney, of Des Moines.
1967 and 1968.
from
1
Education, will receive sealed bids
Note Sale—The $400,000 tax an¬
Due
1963
Principal
and
payable
at
the
New
Sept.
on
GEORGIA
.
(PST)
to
1972 to
cago,
a.m.
refunding
Due
196,000 3%%
ously
sealed bids until 10
com¬
& Co.,
Wichita, A. M. Kidder & Co., (?f
New York, and the Ranson-Davidson
Co., at a price of par, as fol¬
lows:
at
Mesa Union
syndicate
a
of B. J. Van Ingen
Shields & Co., both of New York,
First Securities Co. of
Kansas, of
Nuveen & Co., of
of
Fla.
Sale—The $489,000 bonds
Feb. 21—v. 171, p. 700—
offered
cisco.
price
Principal and
Sebring,
ing bonds offered Feb. 21—v. 171,
p. 789 — were awarded to John
a
inclusive.
interest
Trust
Neff &
ity approved by Orrick, Dahlquist,
Herrington, of San Fran
to 1966 inclusive.
194 s. Due
until
1970
to 1970 inclu¬
sive. Principal and interest
(A-O)
payable at the County Treasurer's
1951
as
to
1949.
Offering—E. Dusenberry,
County Clerk, will receive sealed
10:30
60,000
Secretary of the Board of School
Inspectors, will receive sealed bids
1
Westside Sch. Dist., Fresno
County
(P. O. Fresno), Calif.
until
from
Horace
—
22
1952
Due
a net interest cost
1.51%, as follows:
$325,000 as iy2s.
Due on Dec. 1
for
the
purchase of
building coupon bonds.
Dated Feb. 1, 1950. Denomination
$1,000.
Due on Feb. 1 from 1951
1963.
2V4S.
as
on
1964.
(A-O)
payable
at
the
County Treasurer's office. Legal¬
District
to
as
Offering
reflecting
of about
O'Bryan, Secretary of the Board
of Public
Instruction, will receive
sealed bids until 8 p.m. (EST) on
$150,000
1956 to 1961 inclusive.
April 1 from 1952
inclusive.
interest
The
above date were
on
&
1951 to
bids
School
were
Blyth
&
Co.,
and
Co., both of San Fran¬
cisco, jointly, at a price of 100.004,
a basis of about
2.25%, as follows:
Kaiser
2y2s,
bidder
a
awarded
14,000
at a price of
100.29, a basis of
about 2.47%.
The second highest
at
—
Schopl
—
Unified
oonds offered
1
700—were awarded to John
p.
700
p.
Sale
1962 and
Barstow, Calif.
Bond Sale—The $150,000
1950
Additional
42,000
2V2s.
Due on April
from 1961 to 1965
inclusive.
.
of
1
from 1951 to 1960 inclusive.
15,000
$39,000 Earli-
Bailey & Davidson, of
Francisco, as 2V2s, at a price
100.04, a basis of about 2.49%.
$41,000
Due
171,
v.
—
Lindsay
$33,000 school
501—were awarded
14
No.
Bond
March
San
Ackerman
Sale—The
Sale —The
County Spec. Tax Sch. Dist.
1 (P. O. Key West), Fla.
$500,000
awarded to
CALIFORNIA
Bond
County Sch. Dists. (P. O.
Visalia), Calif.
Bond
bid
Monroe
office.
mart School District bonds offered
Feb.
/
*
Tulare
by
Townsend, of Little
Rock.
!
County
Legality ap¬
proved by O'Melveny &
Myers, of
Los Angeles.
1970
Legality approved
Townsend
(M-S)
interest
FLORIDA
1970 in¬
Treasurer's
1, 1950.
1951
Due
1951 to
Principal
and
payable
at
the
clusive.
of the Board of Education
will sell
at
Denomination $1,000.
March 1 from
on
North Little Rock
Special
Sch. Dist., Ark.
inclusive. Prin-
Vermillion
Parish
Abbeville),
Bond
(P.
O.
La.
Offering—Marcus A.
Broussard, Secretary of the Police
-u
TT-TT?
mafii
A9
44
Jury, will receive sealed bids un¬
a.m. (CST) on March 21 for
the purchase of $950,000 public
improvement bonds. Dated April
I,
1950.
Denomination
$1,000.
til 10
April 1 from' 1952 to 1970
Legality
on
inclusive. Interest A-O.
approved by Dudley C. Foley, Jr.,
of New Orleans.
Note Sale—The $800,000 tax an¬
0.82%
offered
the
to
awarded
were
Merchants
of
discount.
MARYLAND
Arundel County
Bend Offering—Edna E. Perrie,
a.m.
March 8 for the pur¬
$1,750,000 school con¬
on
of
chase
11
struction
1950
school
Dated March 1, 1950.
De¬
bonds.
Due on March
1 from 1953 to 1975 inclusive. Le¬
gality approved by Niles, Barton,
Yost & Dankmeyer, of Baltimore.
MASSACHUSETTS
Sale—The
Note
offered
the
Feb.
First
23
$5,000,000 notes
Boston
Chemical
awarded
were
Bank
Corp.,
Trust
&
second
Due
dated
are
Feb.
on
Bank
Shawmut
tional
Feb.
27,
1950.
27, 1951.
Principal
payable at the Na¬
interest
and
Boston.
of
La
Grange Twp. Sch. Dist. No. 1
(P. O. Cassopolis), Mich.
Bond Sale Details—The $225,000 school bonds purchased by the
First of
$150,000
tax
anticipation notes offered Feb. 13
awarded to the Second Na¬
were
tional
discount.
Due
New
Boston
on
at
0.72%
Nov. 20, 1950.
1964
and
Bedford, Mass.
City
will receive
(EST) on
Feb. 28 for the purchase of $1,000,000 notes. Dated March 1,1950. De¬
nomination $50,000, $25,000, $10,000 and $5,000.
Due on Nov. 7
tas,
Treasurer,
sealed bids until 11
a.m.
Nov.
14, 1950.
Legality ap¬
proved
by
Storey,
Thorndike,
Palmer & Dodge, of Boston.
Bedford, Mass.
Offering — William
Note
The
$7,200,000
March 1 from
Fourth
Series
Feb.
sive.
23
awarded to the Chase Na¬
able
were
offered
notes
tional
H.
1980 inclu¬
1951 to
Principal and interest
National
the
at
pay¬
Shawmut
Bank, and C. J. Devine &
•Co., both of New York, jointly, as
Bank,
follows:
Palmer & Dodge of Boston.
Series
The
—
notes
$900,000
offered
on
Legality
Boston.
by
North
ap¬
Thorndike,
Storey,
Attleborough Housing
Authority, Mass. \" "\
Note Offering — Francis H.
0.81%,
Additional Sale
of
proved
$2,100,000 at 0.74% interest; $3,0(H),000 at 0.79%. and $2,100,000 at
Fourth
will
Chairman,
Cogger,
sealed
bids
receive
office
the
at
of
the
same
date were awarded to Salo¬
State
mon
Bros.
Street, Boston, until 11 a.m. (EST)
&
Hutzler,
of
New
York, at 0.79%.
Bond
Offering — Maurice
Elliott, Town Treasurer, will
sealed
I EST)
on
bids
until
11
B.
re¬
a.m.
Feb. 28 for the purchase
of
$500,000
as
follows:
bonds, divided
coupon
$350,000 school loan, Act of
bonds. Due
March
on
1970
from
15
Due
1951
to
Dated March 15, 1950. Denomi¬
nation $1,000.
Principal and in¬
terest payable at
tional Bank,
Note Sale—The
Feb.
23
awarded
mut
der
$1,000,000 notes
awarded
were
to
the Merchants National Bank, of
at 0.83% discount.
The
was
second
highest bidder was Na¬
Shawmut Bank, Boston, at
0.84% discount.
dated
Feb.
27,
1950.
Due on Nov. 8 and Dec. 29, 1950.
legality
approved
by
Storey,
Thorndike,
Palmer
&
the
to
Bank
of
$500,000
reve¬
21
were
Feb.
National
Shaw¬
at
0.87%
Boston
The second highest
bid¬
National
Merchants
the
Bank, Boston, at 0.89%
discount.
Salem, Mass.
Note
offered
the
Sale
The $750,000
—
Feb.
17
were
notes
awarded
National
Second
Notes
Bank,
to
of
Dodge,
of
are
dated
Feb.
17,
Due
1967
inclusive.
at the
$25,000.
Due on
Nov. 3 and Dec. 4, 1950.
Legality
approved by Storey, Thorndike,
Palmer & Dodge, of Boston.
ed to the Rockland-Atlas National
Nov. 3, 1950.
Bond
Mass.
Massachusetts
Offering—James
J.
Car¬
roll, Town Treasurer, will receive
sealed
bids
in
of
care
the
Mer¬
chants National Bank, of Boston,
until 11 a.m. (EST) on Feb. 28 for
the
purchase
bonds.
■fcoupo*
1950.
On
of
$190,000 sewer
Dated March 1,
Denomination
$1,000.
Due
March 1 from 1951 to 1980 in¬
clusive.
Principal
and
•
interest
payable at the Merchants National
Bank, of Boston.
Legality ap¬
proved
by
Storey,
Thorndike,
Palmer & Dodge, of Boston.
Lynn, Mass.
Note
notes
Offering
—
The
$800,000
offered Feb. 21—v. 171,
p.
Note
Series
Sale—The
notes
$1,430,000
offered
171,
p.
the Branch
plus
Feb.
fixed
accrued
for
re¬
premium
a
redeemed
so
in¬
after
any
or
as
for
fol¬
2nd
16
Minneapolis ,22),
Minnesota
Warrant
171,
Sale
and Macomb
Counties,
Red Run Drainage
Dist. (P. O.
Pontiac), Mich.
Bond Offering—Earl L. Clark,
Secretary of the Drainage Board,
will
receive
(EST)
sealed
bids
until
11
March 14 for the
purchase ?of $1,000,000 drainage
coupon
bonds.
Dated March 1,
1950.
Denomination $1,000.
Due
a.m.
June
on
Minneapolis,
to
in¬
1965
time
to
outstanding
will
be
subject to
redemption
prior to maturity, at the option of
the District, on any one or more
interest payment dates on and af¬
ter June 1, 1954, in the following
order, to-wit: first, bonds matur¬
ing in 1963 to 1965, in direct nu¬
merical order until fully retired;
and thereafter bonds maturing in
and
in
under,
inverse
Each
merical order.
Minneapolis,
City
son,
sealed
redeemed
on
or
after June
Clerk,
auction
and
if
called
to
after
June
1,
be
1,
redeemed
1955,
but
on
or
prior to
1958; $10 if called to be
on or
premium if called to be redeemed
—
Ojn or
after June 1, 1961. Principal
and interest
(J-D) payable at the
receive
bids
until
10
for the
refunding
April
1,
1
$1,000.
Due
April 1 from 1953 to 1970 in¬
on
clusive.
Interest
A-O.
Legality
approved by Wood, King & Daw¬
son, of New York City.
Additional
City
sen,
the
on
Offering—A1
sealed
and
Han¬
the
purchase of $293,special street improvement
coupon
bonds.
Dated
April
1,
1950.
Denomination $1,000.
Due
on April 1 from
1951 to 1970 in¬
clusive.
Principal
and
interest
(A-O)
payable
at
the
fiscal
agency of the City, in New York
City, or at the office of the City
option of the
holders
thereof.
Legality
ap¬
proved by Wood, King & Daw¬
son, of New York City.
the
Additional Offering—Richard D.
Welch, Secretary of the Board of
Estimate
and
Taxation, will
also
receive sealed and auction bids
the
on
day at 11 a.m. (CST) for
the purchase of $4,980,000 coupon
bonds, divided as follows:
same
$800,000 public relief bonds. Due
on
April 1 from 1951 to 1955
inclusive.
30,000 sidewalk bonds.
Due on
April 1 from 1953 to 1970 in¬
clusive.
80,000 storage
building
bonds.
Due on April 1 from 1953 to
Detroit.
if
terest
1960
1970
redemption
is
made
in
thereafter.
or
Principal and
interest payable at any suitable
bank or trust company designated
by the purchaser. Legality ap¬
proved by Faegre & Benson, of
Minneapolis.
•
MONTANA
Deer
Lodge, Mont.
Offering—J. B. Kendrick,
Bond
Jr., City Clerk, will receive sealed
until
bids
8
Dated July
(MST)
p.m.
on
1, 1950.
Authorization
bonds will be the first choice and
serial
will
bonds
be
the
second
choice of the City Council. If au-<
thorization bonds are sold and is¬
sued
the entire issue may be put
into
one
into
several
single bond or divided
bonds, as the City
determine upon at
Council
may
time
the
of
both principal
payable in,
semi-annual instalments during a
period of 20 years from the date
sale,
interest
and
be
to
If serial bonds
issued
are
sold
they will be in the
amount of $1,000 each; the sum of
$4,000 of said serial bonds will be¬
come due and payable on Jan.
1,
1951, and a like amount on the
same
days each year thereafter
until all such bonds are paid. The
bonds,
whether amortization or
serial bonds, will be redeemable
at the option of the city five years
from the date of issue and
interest payment
on
any
date thereafter.
Sch. Dists. (Pi, O.
Darby), Mont.
The $139,000 con¬
struction and equipment bonds of¬
fered Feb. 20—v. 171, p. 598—were
awarded to Piper, Jaffray & HopSale
Bond
—
wood, of Minneapolis, as 2.40s, at
a
price of 100.17.
Richland
County,
Lambert
School District (P. O.
Lambert), Mont.
Sale —The
Bond
$10,000 build¬
ing and equipment bonds offered
Feb. 11
v.
171, p. 401 — were
—
awarded
mission,
to
as
the
State
3s, at
a
Land Com¬
price of
par.
NEVADA
inclusive.
clusive.
Elko, Nev.
from
1953
to
1970
on
April
inclusive.
395,000 street improvement
bonds.
Due
1953
1970
to
Bond
Offering—Bernice
Greg¬
City Clerk, will receive sealed
bids until 2 p.m. (PST) on March;.
for
the
6
purchase of $160,000
ory,
325,000 park bonds. Due
on
April 1 from
inclusive.
400,000 permanent improvement
revolving fund bonds. Due on
April 1 from 1953 to 1970 insive.
2,000,000 school bonds.
Due on
April from 1953 to 1970 inclu¬
sive.
water works revenue
1950 bonds.
Dated Jan.
1, 1950. Denomination
$1,000.
Due on Jan, 1 from 1951
to 1969 inclusive. Bonds maturing
and after
on
January 1, 1960, are
subject to redemption in invei'se
numerical order at the option of
the
City
Jan. 1, 1955, or on any
payment date thereafter1
price equal to the principal
on
interest
at
a
800,000 water works bonds, Due amount thereof with accrued in¬
on April 1 from
1953 to 198& terest to the redemption date, to¬
inclusive.
April 1, 1950. Denomina¬
tion $1,000. Interest A-O. Legality
approved by Wood, King & Daw¬
son, of New York City.
sealed bids until 11:30
March
1
a premium equiva¬
year's interest com¬
puted at the interest rate or rates
borne by the bonds in the year
immediately following the date of
redemption. Principal and inter¬
gether
Dated
on
:
Ravalli County
150,000 bridge
bonds.
Due on
April 1 from 1953 to 1970 in¬
Additional Offering—Howard I.
of Berry, Stevens, Barbier &
on
March 1, 1956 and
interest payment date there¬
after, at 102 and accrued interest
if redemption is made in 1958 or
1959, and at par and accrued in¬
and
Moore, Secretary of the Board of
Park Commissioners, will receive
ens,
order
of issue.
462.64
at
to 1965 in¬
maturing in
being subject
any
also
day and at the same
same
for
bonds
redemption in inverse numeri¬
cal
bids
Detroit. Legal¬
Evely, of
to
1 from 1951
All
thereafter
or
auction
a,m. (CST)
purchase of
$147,900 parkway improvement
Traverse City, Mich.
coupon
bonds.
Dated April
1,
MICHIGAN
Note Sale—The $55,000 tax an¬ 1950.
Denomination $1,000.
Due
Gratiot Twp. Sch. Dist. No. 2
ticipation notes offered Feb. 20— on April 1 from 1951 to 1960 inclu¬
(P. O. 19475 Beaconsfield,
sive. Principal and interest (A-O)
v.
171, p. 790—were awarded to
Detroit 24), Mich.
payable at the fiscal agency of the
the
First of Michigan Corp. of
Bond Sale—The $750,000 school
city, in New York City. Legality
Detroit, at 2% interest, plus a approved by Wood, King & Daw¬
site and building bonds offered
Feb. 20 were awarded to Otis & premium of $60.50.
son, of New York City.
0.80% interest.
1960
will
Comptroller,
ity approved by Claude H. Stev¬
Detroit Trust Co.,
March
on
March 6 for the purchase of $40,000
street
improvement bonds.
Denomination
1950.
after June 1,1958,
prior to June 1, 1961; and no
will
(CST) on March
purchase of $1,500,000
coupon
bonds.
Dated
1,
1951, but prior to June 1, 1955: $20
price of
a
Minn.
a.m.
for
redemption shall be redeemed
the
par
value thereof and ac¬
crued interest plus a premium in
accordance
with
the
following
of
Bond Offering—Chas. C. Swan-
nu¬
bond called
4s, at
as
Co.,
par.
bonds of this series
The
time
from
1951
from
1
clusive.
on
Dated March 1,
Denomination $1,000.
Due
1950.
$40,500
503—were awarded to
p.
Treasurer,
Oakland
The
—
Allison-Williams
the
able
Na¬
drainage bonds.
street improvement special assess¬
ment warrants offered Feb. 21—
time
Hackley Union
tional Bank, Muskegon.
O.
3245 Noble Avenue,
$15 on each bond called for re¬
demption on or after Dec. 1, 1957.
but prior to Dec. 1, 1960; $10 on
each bond called for redemption
on or after Dec. 1, 1960, but prior
to Dec. 1, 1964; and no premium
shall be paid on bonds called for
redemption after Dec.
1, 1964.
Principal and interest (J-D) pay¬
the
County Auditor, will receive
sealed bids until 2 p.m. (CST) on
Feb. 28 for the purchase of $75,000
—
receive
at
County (P. O.
Wheaton), Minn.
Offering—R. L. Johnson,
clusive.
Indep. Sch. Dist., Minn.
Bond
each bond called for
redemption prior to Dec. 1, 1957;
lows: $20 on
but
701—were awarded to
Banking & Trust Co.,
of Wilson, at 0.72% interest.
The
second highest bidder was Chase
National Bank, New York, and
C. J. Devine & Co., jointly, at
v.
the date
redeemed
Weymouth Housing Authority,
Lexington,
and
demption,
June
Bank of Boston at 0.70% discount.
Boston.
on
par
1955, at
bond
on
date
payment
interest to
be
Note Sale—The $300,000 revenue
notes offered Feb. 17 were award¬
on
maturing
be redeemed
1967, may
option of the District in in¬
1,
each
to
Bonds
schedule, to-wit: $30 if called to
Watertown, Mass.
Due
1 from 1952
Dec.
on
numerical order
verse
1962
1950.
Denomination
tional
are
offered
Boston, at 0.73% discount.
Mass.
Boston,
Notes
Sale—The
notes
the Second Na¬
Haverhill,
offered
Note
of Boston.
Legality
approved by Storey, Thorndike,
Palmer & Dodge, of Boston.
purchase of
Peabody, Mass.
discount.
inclusive.
the
Legality approved by
Caldwell, Marshall, Trimble &
Mitchell, of New York City.
nue
150,000 school loan bonds.
for
of Boston.
1947
1951 to 1970 inclusive.
1
$218,000 First Series notes. Dated
March 13, 1950.
Due on March 13,
1951.
Principal and interest pay¬
able at the Second National Bank,
March 15 from
on
Housing Board, 18 Fremont
March
on
Hanson, Mass.
ceive
Duluth
v.
000.
Dec.
—
Savings Bank, of
in 1955 to
New
•
State
Muskegon Twp. Sch. Dist. No. 9
(P. O. Muskegon), Mich.
Bond Offering—Ernest McClain,
Director, will receive sealed bids
bids
until
8
p.m.
(EST)
on
March 13 for the purchase of $60,000 building coupon bonds. Dated
Dec. 1, 1949.
Denomination $1,-
terest
e
Details—The $50,000
basis of about 1.95%.
—
Midland.
Freitas, City Treasurer, will re¬
jointly, at 0.92% inter¬ ceive sealed bids until noon
(EST)
premium of $92.
on
March 1 for the purchase of
Notes are dated Feb. 28, 1950.
$474,000 sewer loan of 1946 cou¬
Due on Nov. 3, 1950.
pon bonds.
Dated March 1, 1950.
LBoston Housing Authority, Mass.
Denomination
$1,000.
Due
on
1
Sale
improvement bonds pur¬
chased by Piper, Jaffray & Hopwood of Minneapolis, as previous¬
ly noted in v. 171, p. 702, were
sold as 2s, at a price of 100.30, a
1965.
Twp. Sch. Diit. No. 3 (P. O.
Midland), Mich.
Bond Sale—The $25,000 school
bonds offered Feb. 16
v.
171,
p.
507—were
awarded
to
the
Chemical
Note Offering—William R. Frei-
to
and the
Co., of
of
Bank
a
a
Bond
street
Sale
The $2,400,000
building site acquisition and im¬
provements bonds offered Feb. 15
as follows:
$60,000 as 3s, due on v. 171, p. 598—were awarded to
April 1 from 1951 to 1954 inclu¬ J. P. Morgan & Co. Inc., of New
sive, $135,000 as l%s. due on April York, and Associates, as 1.10s, at
1 from 1955 to 1963 inclusive, and
a price of 100.24, a basis of about
$30,000 as IV2S, due on April 1 in 1.04%.
New York,
S
Traverse
Bond
Detroit, as previously noted in v.
171, p. 701—were sold at a price
of 100.03, a basis of about 1.78%,
est, plus
Note
Michigan Corporation, of
MINNESOTA
Calumet, Minn.
v
Lee
Sale—The
Note
and
Boston, Mass.
,
were
at 0.80%.
coupon
nomination $1,000.
of about 2.47%.
Monday, February 27, 1950
Golden Valley (P.
/>
sealed bids until
Co., of Cleveland, F. S. Yantis &
Co., of Chicago, Walter, Woody &
Heimerdinger, and Pohl & Co.,
Inc., both of Cincinnati, jointly, as
2V2S, at h price of 100.27, a basis
awarded to the Branch Banking &
Trust Co., of Wilson, at 0.74%.
Notes
CHRONICLE
FINANCIAL
&
$651,000 First
Milford, Mass.
President Board of Education, will
(EST)
Sale —The
Note
Series notes offered Feb. 16
(P. O.
Annapolis), Md.
receive
discount.
Legality approved by Sullivan,
Donovan, Hennehan & Hanrahan,
of New York City.
1950.
Anne
Hock-
Marblehead Housing Authority,
Massachusetts
13
Feb.
Bangor,
at
Due on Oct. 7,
Bank,
the
to
highest bidder was
Chase National Bank, New York,
and C. J. Devine & Co., jointly,
Bangor, Me.
National
at 0.76%
ton
The
MAINE
ticipation notes
awarded
790—were
land-Atlas National Bank of Bos¬
PTM A A1HT at., r<TTr»rv*TTr(T n
0-
COMMERCIAL
THE
(888)
Due
nr\MMT?"Dm A T
for
the
lent
with
to
one
est
(J-J) payable at the Harris
Tryst & pavings Bank, Chicago.
LiigiHty approved by Pershing,
Rosworth, Dick & Dawson, of
Denver.
NEW
HAMPSHIRE
Manchester, N• H.
Note Sale—The
offered Feb.
the
$1,000,000 notes
were
awarded to
Amoskeag National
Manchester
The
21
second
at
0.85%
highest
Bank of
discount.
bidder
was
Volume
J. P. Morgan & Co., Inc., and First
National Bank of Boston, jointly,
Notes
Feb.
dated
are
Denominations
1950.
21,
$50,000,
Due
$25,000,
Sept.
S10,000 and $5,000.
on
Legality approved by
Storey, Thorndike, Palmer &
Dodge, of Boston.
1950.
8,
Nashua,
Note
Sale
offered
Feb.
bidder
National
Head
Indian
was
Bank, Nashua, at 0.83%
discount.
discount.
of
790—
171, p.
Na¬
the Second
to
Boston
0.81%
at
The second highest
Kenneth
was
Hill
B.
bid¬
&
0.82%.
Twp. School District (P. O.
261, Lakewood, R. D.
Box
No.
Bond
1), N. J.
Offering—Belle O. Smart,
the
for
of
purchase
$27,000
school coupon or registered bonds.
Dated
April
1, 1949.
Denomina¬
Due on April 1 from
1951 to 1959 inclusive.
Principal
and interest (A-O) payable at the
Ocean
County
National
Bank,
Point Pleasant Beach.
Legality
approved by Hawkins, Delafield &
Wood, of New York City.
tion
"The
Mr.
added
financing
of
method
for
Turnpike is unique in that it
our
departure from meth¬
a
in
heretofore
for
use
con¬
projects, especially
struction
that requires
investment
such
one
$1,000.
because
that,
effect
of
made
bonds offered Feb. 21—v.
through
of bonds
established
regularly
additional
"An
is
advantage
that, in effect, the amount of sav¬
ings in bond discount and interest
during construction would double
during the life of the issue since
bonds to that extent would not be
•
"Under the plan
which has been
adopted, the subscribing investors
provide, immediately a 'fouward
Commitment' for the full
amount
$220,000,000 for the construc¬
tion and initial operation of the
Turnpike.
For this commitment
have agreed to pay a
nominal
fee of
V2 of 1% annually.
As
we
require funds for the project
during its construction, we will
draw against the commitment and
we
then issue
the
definitive bonds for
our
amount borrowed,
awarded
to
171, p.
First
the
The definitive bonds will carry an
interest
price of
The second high¬
Savings
par.
"The
Paterson
was
Bond O f f
alysis of
i
best
g—Margaret E.
Township Clerk, will
Wermuth,
e r
n
bids
sealed
until
8
p.m.
on Feb. 27 for the purchase
$60,000 coupon or registered
(EST)
bonds, divided
as
$55,000
on
sewer
Feb.
Dated
Denomination
$1,000.
1,
1950.
Principal
interest payable
and
at the First
Collingswood.
of
National
Bank
Legality
approved by Hawkins,
& Wood, of New York
Delafield
banks,
the
to
companies
and
investors,
insurance
and
institutional
Finance
Reconstruction
3Y4%
issued
by
mature in
35
definitive bonds to
the Authority will
years, or on Jan. 1,
with
the
provisions of the Turn¬
pike Act.
Based on traffic and
revenue
the
engineers,
indications
these
that
are
bonds will be fully amortized be¬
fore
Offering—James A. Daly,
District Clerk, will receive sealed
bids
until
8
p.m.
(EST)
on
March
20
for
purchase
school
$290,000
coupon or
Dated Nov. 1,
bonds.
tered
the
Denomination
to
1969
on
inclu¬
Nov.
1
Principal and interest (M-N)
payable at the Citizens First Na¬
tional Bank & Trust Co., Ridgewood.
Legality approved by Haw¬
kins, Delafield & Wood, of New
City.
^York
Neu) Jersey
(P.
Bond
O.
Turnpike Authority
Trenton), N. J.
Sale Arrangements
Com¬
pleted—The successful conclusion
■of negotiations for its financial
requirements of $220,000,000 to
construct the new 118-mile super¬
highway, and the first use of a
new
plan of financing for con¬
struction projects, was announced
Feb. 17 by Paul L. Troast, Chair¬
man of the New Jersey Turnpike
Authority.
Mr;
Troast
tutional
said
that
53
insti¬
mostly insur¬
ance companies, have just signed
an agreement with the Authority
investors,
to underwrite its financial needs.
Thirteen
New Jersey
subscribing
■one-half,
or
clusive.
for
institutions
more
than
about $112,600,000, of
the total $220,000,000 issue.
"With this financing available
1950
(M-S)
from
1
coupon
$1,000.
1951
Neither
revenues.
faith
the
Due
Principal
and
interest
payable at the Northport
Co., Northport, or at the
option of the holder at the Manu¬
facturers Trust Co., of New
&
a
otherwise,
or
issue
10
after
years
issuance,
eight
call
the
which
years
scheduled
In
the Authority
initial
an
its
on
date
will
may
bonds
of
be
their
about
after the Turnpike
to
for
open
New
Union Free Sch. Dist. No. 11
Bond
sealed
bids
March
Clerk,
until
1
will
3:30
for
receive
(EST)
p.m.
the
is
event
of such
call, the
Authority will be obliged to pay a
premium of 3%, which premium
will
continue
purchase
until
Dec.
31, 1964.
Thereafter the premium is gradu¬
1951
Due
1964
to
and interest
National
$1,000, except
Feb. 1 from
on
inclusive.
Principal
(F-A) payable at the
Bank
Lake
of
Ronkon¬
eral
Sale—The
bonds.
fered
Feb.
awarded
21—v.
at
Co.
of
price
a
171,
gen¬
791—
p.
the
to
New
of
Bankers
York,
100.29,
a
Sale—The
21—v.
awarded
1.20s,
basis of
as
able
of the sale of the definitive bonds.
$1,000,000
advanced by the
Highway
Department
in
State
1949 has
Of
for
already been repaid.
the
water
171,
Geo.
to
791—were
p.
Gibbons
B.
&
of about 2.22%.
more
subscribing
$5,000,000 of the
than
Authority's bonds
are
Insurance
America,
Co.
of
Prudential
price
a
western
Mutual
$15,000,000;
Life
Life
Insurance
John
Hancock
Insurance
Co., $15,-
Water
Bond
Sale—The $152,500 water
main 1950 bonds offered Feb. 21—
v.
171,
p.
B.
Chas.
E.
791—were
awarded
to
Gibbons & Co., Inc., and
Weigold & Co., both of
York, jointly,
price of 100.38,
1.55%.
1.60s, at a
basis of about
as
pay¬
National
Coshocton
Galion,
sive.
Principal and interest (J-J>
at the City Treasurer's
office, or at the First National
Bank, Galion.
payable
Bond
ap¬
Note
(EST)
Offering
City
sealed
on
—
W.
Sale—The
&
a
est
bidder
price of 100.18,
Bank, Hamilton,
price of 101.65.
13/4s.
for
was
a
at
a
Seasongood
&
price of 100.0&
Hamilton County (P. O.
;
Cincinnati), Ohio
Bond
Offering —F.
Acting
County
ceive
(EST)
as
Clerk
of
G.
the
bids
March
on
of
will
until
13
$301,000
Yorde,
Board
Commissioners,
sealed
chase
10
for
a.m.
the
bonds,
Carthage-Troy Local Sch. Dist.
(P. O. Coolville), Ohio
Bond Sale—The $51,000 build¬
will
bids
p.m.
until
3
Feb. 28 for the purchase
as
fol¬
of
re¬
pur¬
divided
follows:
$152,500 trunk
and
main line storm
or
sanitary
sewer, series E
Oct. 1 from
Due
1975
to
on
inclusive.
and
sewer
bonds.
Due
line
water
Oct.
on
1
from
1951 to 1970 inclusive.
17—v.
to
basis
a
The second high¬
Mayer for 23/4s, at
water
National
Second
was
171r
to
Fox;
Cincinnati, as
of
1951
awarded
school
20—v.
awarded
Co.
bidder
148,500
Braun, Bosworth & Co., Inc., as
1
s, at a price of 100.54, a basis
of about 1.43%.
The second high¬
est
$10,000
Feb.
bonds.
$98,000
502—were
p.
Dated April 1, 1950. Denomina¬
$1,000 and $500.
Principal
and interest (A-O)
payable at the
tions
County Treasurer's office. Legal¬
ity approved by Squire, Sanders &
Dempsey, of Cleveland.
(P.
O.
Leesburg),
Dist.
Ohio
Bond Offering—Louis A.
Pausch,
Clprk of the Board of Education,
ing and equipment bonds offered
Feb.
17—v.
171,
p.
702—were
awarded to the Peoples Banking
will receive sealed bids until noon
6
bonds.
Trust
Co., of Belpre,
2s.
as
Offering—Arnold E. Ma-
joewsky, Secretary of the Board
of
Commissioners
of
the
(EST)
Sinking
City School District,
(EST)
on
March 8 for the
purchase of $239,000 City of Cin¬
cinnati
and
Board
Education
of
City Sch. Dist., Ohio
Offering—W. V. Drake,
Education,
bids
7
until
for
the
will
noon
of
the
Board
of
receive
sealed
(EST) on March
purchase
of
$1,700,000
school coupon bonds. Dated
15,
Due
1970
March
1950.
Denomination $1,000.
011
Sept. 15 from 1951 to
inclusive.
Principal and in¬
terest
(M-S)
National
payable
at
the
Bank, New York
Sale—The
$538,000 Im¬
provement
Special
Assessment
bonds offered Feb. 20—v. 171, p.
298—were
&
awarded
Co., of Cleveland,
to
as
8
for
$140,000
the
pur¬
improvement,
and Dec. 15 from
clusive.
(J-D)
1951
Principal
payable
to 1973 in¬
and
the
at
interest
Citizens
Bank
&
Savings Co., Leesburg.
Legality approved by Peck, Shaf¬
fer & Williams, of Cincinnati.
Maple Heights City School District
(P. O. Bedford), Ohio
Sale—The $440,000 build¬
ing and equipment bonds offered
Feb.
21—v.
awarded
land,
a
as
basis
ond
to
171,
599—were
p.
Otis & Co.
2V2s, at
of about
highest
a
of
Cleve¬
price of 100.27,
2.47%.
bidder
The
was
McDonald
l%s. at a
sec¬
Field,
Richards & Co. and
ler
&
Hayden, Mil-t
Co., jointly, for 2V2S, at a'
price of 100.15.
Marietta,
Ohio
Bond
Offering—Norman L. Lafaber, City Auditor, will receive
sealed bids until noon (EST) on
March 8 for the purchase of
Euclid, Ohio
Bond
of
Bond
Columbus
Clerk-Treasurer
March
on
chase
Dated March 15, 1950. De¬
nomination $1,000. Due on June 15
Cincinnati, Ohio
Bond
Raymond
Comptroller,
$1,031,000 notes, divided
lows:
offered
598—were
p.
&
City.
Rochester, N. Y.
of
Sale—The
bonds
County (P. O.
Hamilton), Ohio
Bond
Ohio
bids until noon (EST) on March 14
for the purchase of
$75,000 hospi¬
tal addition bonds. Dated Jan.
15,
1950. Denomination
$1,000. Due ort
Jan. 15 from 1952 to 1976 inclu¬
Butler
Chase
a
A.
Offering—Floyd A. Frye,
City Auditor, will receive sealed
Dempsey, of Cleveland.
Bond
Massapequa
(P. O. Oyster Bay), N. Y.
receive
Co.,
the
will receive sealed bids until 2.30
York, as 1.40s,
100.23, a basis of
of
Bay,
Dist.
Geo.
Charles
Bond
City School District bonds.
at
State
Mutual
Nov.
011
Hall & Co. of New
$75,-
North¬
De¬
inclusive.
p.m.
Whitley,
$25,000,000;
Due
1975
to
Bond Sale—The $60,000,000 fire
engine 1950 bonds offered Feb. 21
—v. 171, p. 702—were awarded to
100,000; New York Life Insurance
Co., $30,000,000; six New Jersey
funds
at
Fund of the
Ossining, N. Y.
New
institutions
$1,000.
1951
1950.
Bank,
Coshocton.
Legality
proved
by
Squire,
Sanders
Y.
$78,000
Co., Inc., Chas. E. Weigold & Co.,
both
of
New
York, and Sage,
Rutty & Co. of Rochester, jointly,
as
2y4s, at a price of 100.58, a
basis
a
sealed
Principal and interest (M-N)
Water District
(P. O. Livonia), N.
Bond
Feb.
13/4s. at
and
Co., of Cincinnati, as
price of 101.51, a basis
Leesburg-Highland Local Sch.
Livonia, Hemlock
Oyster
The
Dated March 1,
from
171,
improvement 1950 bonds of¬
at par.
of 1949 bonds
will be repaid from the proceeds
Bixler,
supply bonds offered Feb.
$165,000
Ohio
Dist.,
until 1 pm. (EST) on March 7 for
the purchase of $30,000 building
City.
Kingston, N. Y.
Bond
&
of about 1.61%.
bids at the office of County Sup¬
koma, Lake Ronkonkoma. Legal¬
ity approved by Hawkins, Dela¬
field & Wood, of New York
Cleveland,
23/4s, at
Sch.
Offering—Helen
1
Denomination
& Co.; of
York, Julien Collins & Co.,.
Chicago, National City Qank,
of about 2.71%.
or
for $500.
York, McDonald & Co., of
Rausch
OHIO
about 1.35%.
$2,000,000
school
$5,000,000
Local
Bakersville
$252,000 school 1950 coupon
registered bonds.
Dated Feb.
1950.
of New
Damascus), Ohio
building bonds.
nomination
ally reduced until, in the last five
years, the bonds may be called
The
of
of
1,
com¬
Phelps, Fenn & Co.,
Glore, Forgan & Co., Hemphill,
Noyes, Graham, Parsons & Co., all
Goshen Local School District
(P. Ok
be received until March 21 for the
purchase
on
syndicate
a
of
erintendent of Schools, Coshocton,
Offering—Edward J. Tea-
District
ney,
awarded to
posed
Offering—Sealed bids will
Bond
(P. O. Ronkonkoma), N. Y.
operation.
the
Feb. 1
City.
York
Wood, of
system construction bonds offered
will be involved.
purposes of refinancing to
lower interest rate, redemption,
on
De¬
Legality approved by Haw¬
I slip
municipalities is pledged to such
Hence, no taxpayers'
For
Due
District Clerk will receive
payments.
money
Bond
nor
credit of the State, its counties or
1949.
Forsyth County (P. O.
Winston-Salem), N. C.
to 1965 in¬
1.12%.
solely from tolls and other
Aug. 1,
nomination $1,000.
Dated March 1,
Trust
Trust
1949.
sive.
from
1951
regis¬
Due
$1,000.
of
purchase
Denomination
able
Dist., N. J.
Dated
New York
March
principal of, and the in¬
terest on, the bonds will be pay¬
Glen Rock Sch.
Bond
1950.
on
bonds.
or
the
school
were
maturity.
Easter-
proved by Mitchell & Pershing, of
for
2
registered bonds.
nationally
however,
by
surveys
recognized
E.
of
$530,000
one
Corporation."
The
City.
are
the
offered
1985, which term is in accordance
Feb. 1 from 1951 to 1970
inclusive.
it
possible terms. We explored
other
be
bonds.
on
that
Offering—W.
cipal and interest (F-A) payable
in New York City.
Legality ap¬
March
on
of capital
source
every
the sale of bonds to the public, to
follows:
5,000 sewer assessment, Series A
financing
searching an¬
and
showed
The
plant bonds.
Due
careful
Bond
ling, Secretary of the Local Gov¬
Commission, will receive
(EST)
p.m.
County (P. O.
Columbus), Ohio
ernment
District Clerk, will receive
mann,
15—v»
Franklin
Hinsch
from 1952 to 1979 inclusive. Prin¬
sealed bids until 3:30
Feb.
about 2.91%.
of
Mocksville), N. C.
Bau-
L.
$10,000 water
offered
171, p. 598—were awarded to the
Piqua National Bank, of Piqua, as
3s, at a price of 100.80, a basis of
of
County (P. O.
Co., of Schenectady, as 1.40s. The sealed bids at his office in Ra¬
highest bidder was Marine
leigh, until 11 a.m. (EST) on Feb.
Trust Co., Buffalo, for 1.70s, at a 28 for the
purchase of $300,000
price of 100.07.
school building, Series B, coupon
Offering—Hilda
bonds
Ohio
The
—
New
CAROLINA
second
Bond
Sale
Cleveland, C. F. Childs
Davie
Huntington Union Free Sch. Dist.
No. 4 (P. O. Northport), N. Y.
works
were
award¬
were
(P. O.
Y.
p. 598 — were
Schenectady Trust
price
a
Bond Sale—The
$1,825,000 bonds
Feb. 17—v. 171, p. 598--
Y.
The $20,000 water
—
NORTH
171,
v.
—
Fletcher,
Bond
City.
Johnsville, N.
Sale
Bond
City.
after
funds
17
awarded to the
Delafield
the commitment plan of
Township (P. O.
Erlton), N. J.
Feb.
Co., for 2s. at
100.47.
offered
St.
$29,000 build¬
ing and equipment bonds offered
City.
at a
Delaware
Scotia), N.
kins,
agreed
Hoyt
New York
Sale —The
Bond
about
on
YORK
Glenville Fire District No. 7
of
Legality approved
& Washb"urn, of
13, 1951.
Reed,
Due
of 100.17.
NEW
semi-an¬
Commissioners
13, 1950.
Turnpike Authority
Revenue bonds (1950 issue) 3(4%, ed to the First National Bank, of
due Jan. 1, 1985.
Canajoharie, as 1.70s, at a price
be paid
and Trust Co.,
Paterson, for 1.80s,
price of 100.03.
by
March
National
Jersey
annually,
nually.
of
commerce.
The
—
Dated
Feb.
bonds offered Jan. 31
York
at
bidder
New
3*4%
of
rate
80,000 equipment for police and
fire radio system notes.
650,000 tax anticipation notes.
City Bank of New York has been
appointed paying agent for the
of
National Bank, of Butler, as 1.60s,
receive
State, its in¬
con¬
basis of
a
The second highest bidder
Otis &
was
house
notes.
strategic points, it
leading east-
Agent
channels.
such interest to
a
Paying
public offering
a
continuing
Butler, N. J.
pay the
nominal fee on the
unused
commitment.
Sale—The $66,000 lighting remaining
702—were
est
south,
public highways and thus it
fire
portion of municipal hospital
will connect with the
of
plan, the Authority
total savings
of up¬
to
Bond
at
notes.
capital
1.63%.
45
struction notes.
Through 16 interchanges to
located
price of 100.66,
com¬
125,000 capital reconstruction of
the State's backbone
as
will serve the entire
in
unusual
ward
road.
be
Jersey in the
New
serve
60,000
extend
dustry, agriculture and
estimate
"We
water,
will
munication
New
will
and
operation.
this
Co., $6,750,000.
Jersey
Turnpike,
from a point
near the George
Washington
Bridge, in the north, to DeepThe
which
(889)
$71,000 capital sewer notes.
45,000 capital fire or police
tual Life Insurance
large capital
place
CHRONICLE
Mutual Benefit Life In¬
Co., $10,000,000; and Mu¬
surance
west
a
build
to
outstanding.
District Clerk, will receive sealed
bids until 8 p.m. (EST) on March
!
1951,"
November,
Co.,
NEW JERSEY
8
in
000,000;
FINANCIAL
&
would have been incurred had we
21—v.
Bank
Brick
for the benefit of the public
open
Troast.
$12,000,000 interest cost
during the period of construction
and in other financing cost which
awarded
tional
at
that this
assure
Feb.
Note
der
of
County (P. O. Dover),
New Hampshire
Sale—The $195,000 notes
offered
were
construction
Turnpike to
will
Strafford
proceed immediately
overall
urgently needed highway will be
ods
Co., at 0.80% discount. The second
highest
the
with
represents
H.
N.
The $200,000 notes
23—v. 171, p. 791—
—
awarded to the Nashua Trust
were
to us, we can
the
0.86%.
at
COMMERCIAL
THE
Number 4885
171
$50,-
000 unlimited tax, street improve¬
ment coupon bonds. Dated March
1, 1950. Due
to
1960
on
Sept. 1 from 1951
inclusive.
Prin.
and
int.'
payable at the Peoples Banking &.
'
46
(890)
Trust
THE
Co., Marietta. Legality
proved
by
&
.
Sale—The
improvement
17—v.
171,
the
to
$75,000
bonds
Feb.
598—were awarded
Corp., of
p.
First
sewer
offered
Cleveland
Cleveland, as l3As, at a price of
101.59, a basis of about 1.54%.
Milton-Union
Exempted Sch.
Offering—Opal Laughlin,
District Clerk, will receive sealed
bids until 1 p.m. (EST) on March
7
for
the
purchase of $87,500
building bonds.
Dated March 1,
1950.
Denomination $1,000,
ex¬
cept one for $500.
Due on Nov. 1
from 1952 to 1975 inclusive.
Sale—The
est bidder
im¬
$300,000
Caddo
The second high¬
County Indep. Sch. Dist.
No. 12 (P. O. Hinton), Okla.
New Lexington,
Village
ray,
bids
sealed
will
Clerk,
until
at
price of
a
Denomination
$1,000. Due on Dec. 1 from 1951
to 1970 inclusive.
Principal and
interest (J-D) payable at the Vil¬
lage Treasurer's office.
Legality
Offering
Ohio
municipal
light
first
t
m e n
The
—
plant
bonds offered Feb. 18
ed
to
Fahey,
Cleveland.
revenue
award¬
were
Clark
&
15, 1950.
and
$500.
$1,000
Offering
G.
E.
Esch,
Clerk of the Board of Education,
—
will receive sealed bids until
(EST)
March
on
Town
pur¬
chase
of
$850,000 building and
equipment bonds. Dated April 1,
1950.
Denomination
on
April
to
1970
1
and
$1,000.
Oct.
Due
from
1
27
Clerk,
for
Legality
proved
by
Squire,
Sanders
Dempsey, of Cleveland.
Parma
ap¬
First
Bond
Sch.
Sale—The
Dist.,
Ohio
$160,000 build¬
ing bonds offered Feb. 16—v. 171,
p.
599—were awarded to Fahey,
Clark & Co., of Cleveland, as 2V4S,
at a price of 101.69, a basis of
about 2.06%.
Miami,
Randolph Twp. Sch. Dist. (P. O.
Englewood), Ohio
The $203,000 con¬
struction bonds offered Feb. 21—
171, p. 702—were awarded to
Braun, Bosworth & Co., Inc., as
2i/4s, at a price of 100.13, a basis of
about 2.23%.
The second highest
bidder was Hayden, Miller &
Co.,
for 2V4S, at a price of 102.36.
Shaker
Dist., Ohio
C.
Edgar
Offering—J.
Board
receive
W.
of
Main,
Education,
sealed
bids
homa
1
from
1951
to
1960
Union
Local
Offering—R.
Sch.
Dist.,
L.
Ohio
McKee,
District Clerk, will receive sealed
bids
at the office of the County
Superintendent of Schools, Cosh¬
octon,
until. 1
p.m.
(EST)
on
March 7 for'the purchase of $25,000 building bonds.
Dated March
1950.
on
Denomination
Nov.
inclusive.
Squires,
of
on
bid
a
about
1.67%,
interest
to
1961
from
Due
1952 to
1V4S.
as
13/4s.
as
on
obli¬
45,000
IV2S.
as
from
PENNSYLVANIA
Grove
Bond
100,000
March 1
on
as
l%s.
Due
ceive
sealed
(EST)
March
bonds.
City.
Offering
of
J.
—
the
for
re¬
L.
Monessen
Dated
p.m.
pur¬
March
1,
Due
approved
by
Ruffin
School District,
&
Secretary,
sealed
(EST)
will
re¬
until
of $789,000
7:30
p.m.
9 for
*
March
on
chase
bids
the
pur¬
school bonds.
Kensington,
Clerk,
bids
until
will
10
Heinle,
receive
(EST)
a.m.
000 general
Penn
on
(P.
O.
D.
No.
(EST)
Bond
1
from
Legality
Sanders
&
1951
$1,000.
to
1975
approved
by
Dempsey, of
Cleveland.
March
on
Ore.
Upper
$54,508.20 sewer
171,
the
to
p.
First
dated March
Denominations
Due
on
$1,000
and
$500.
March 1 from 1952 to 1961.
Clackamas County
(P.
O.
Sch. Dist. No. 3
West Linn),
for the
6
until
8
March 2 for the
000
p.m.
Ore.
(PST)
Darby),
re¬
sealed
(EST)
on
of
8
p.m.
Feb. 28 for the purchase
improvement
$300,000
bonds.
until
bids
Dated March 1,
nomination $1,000.
coupon
1950.
De¬
Due on March
Le¬
gality approved by Townsend, El¬
liott & Munson, of
RHODE
of
Caldwell,
Philadelphia.
Dated
$18,000
by
Sinkler,
award¬
were
Robinson-Humphrey
Andrews Indep.
41,000
Due
on
2s.
as
to
Co., of Dallas,
Due
2V4S.
as
Feb.
approved
1951
Due
Feb.
on
1,
1950.
Gibbs
of
Dallas.
&
County
Bond
Auditor,
8
for
(P.
will
the
hospital
$1,000.
to
Due
1964
Bond
O f f
i
the
on
the State in
Winfree,
ap¬
McCulloch,
Sayre, of Portland.
bonds has been sold to
000 school
(CST)
of
bonds.
Jan.
inclusive.
to
Jan.
demption and prepayment at
date
interest
tion $1,000.
interest payable
nated
Birdville
at
any
Texas
Worth),
$100,000
1,
Wm.
bonds purchased by
house
Edwards
N.
& Co.,
of Fort
re¬
Worth, at
a
price of par, as pre¬
par
viously
noted
in
171,
v.
p.,
703,
pay¬
sold
as
follows:
$20,000
suit¬
desig¬
inclusive; $20,000 as 3s, due
Jan.
15
and
Colman,
on
Barker, Scott 8c Barber, of Minne¬
apolis.
ag
1V2S, due. on Jan. 15 from 1951 to
clusive
Dorsey,
(P. O.
Indep. Sch. Dist.
Principal
institution
of
Crowe,
8c
Bond Sale Details—The
by the purchaser. Legality
by
Legality approved by
Fort
on
approved
Denomina¬
Dallas.
1960
banking
inclusive.
1975
to
Parkhurst
McCall,
were
thereafter.
1972
inclusive.
Due on April 1
2V2s.
as
April 1
on
1971
to
Bonds
1957, will be each subject to
said date and any
1951
Dated April 1, 1950.
-
from
1
Due
2%s.
as
from
Denomina¬
subsequent
Sch. Dist., Texas
Sold—An issue of $250,-
the Columbian Securities Corp. of
school
maturing
South¬
Co., jointly, on a bid reflecting
60,000
receive
coupon
on
second
net interest cost of about 1.99%.
Athens Indep.
O.
purchase
1, 1950.
The
First
was
Co., Dallas, and Moss, Moore
$190,000
sealed bids until 2:30 p.m.
March
ap¬
Parkhurst .&
Texas, of San Antonio, as follows:
Offering—R. M. Whitney,
County
Principal
at the State
Legality
bidder
Bonds
&
March 1 from
office.
highest
from
able
on
McCall,
1
Legality
Sinkler,
by
Denomina¬
1, 1950.
by
a
'
bid reflecting
interest payable
west
SOUTH DAKOTA
and
a
inclusive.
1962
to
and
proved
Simons, of Charleston.
ment
on
Due
Treasurer's
Feb. 1 from
on
were
net interest cost of about 1.95%*
a
of
1962 inclusive.
18
awarded to the Dallas Union Trust
Crowe,
4s.
as
1956
on
$400,000 school
house bonds offered Feb.
Jan.
15
from
1961
$60,000
from
1971
1.970 in¬
to
as
3V4S, due
to
1985
in¬
clusive.
Brazosport Indep. Sch. Dist.
(P. O. Freeport), Texas
ceive sealed bids until
Legality
&
Sch. Dist., Texas
Sale—The
Bond
as
price
a
March
$75,000
Act
of
e r
for
2
n
the
coupon
Nov.
30, 1949.
000.
Due
on
(EST)
purchase of
equalization
1946
noon
refunding,
bonds. Dated
Denomination $1,Dec.
1 from
Bond Offering—J. R.
Dyersburg, Tenn.
Principal and interest payable at
City.
by
Trimble
TEXAS
TENNESSEE
re¬
at the fiscal agency of
the
Mitchell, of New York City.
Feb. 1 from
at
basis of about 2.25%,
1951 to 1955 inclusive.
Newport, R. I.
April 1,
County Treasurer's office, or
of
approved
Marshall,
on
$110,000 school
Atlanta,
a
ISLAND
Michael, City Treasurer, will
Shuler &
Co.,
1952
Jan. 1 from 1951 to 1960 inclusive.
by
the
to
tion
W.
proved
Due
Georgia, Atlanta.
bonds offered Feb. 13
$100,000
Township Commissioners, will
on
Denomination $1,000. Due on
York
$1,000.
pur¬
of
the
option
the
at
Legality
Dated March
ed
W.
Board
Secretary of
lone,
in¬
Fiscal
at the office of the State
or
holder.
Faulkton), S. Dak.
Ma-
and
the
Dated Jan. 1, 1950.
Simons, of Charleston.
Faulk
g—George
New
to
purchase of $225,-
school bonds.
1950.
$50,000
sold
on
Pa.
Offering—James E.
1 from 1951 to 1960 inclusive.
District Clerk, will receive sealed
bids
Bond
ceive
1, 1950.
City,
tion $1,000.
on
(EST)
at
payable
(P. O. Rock Hill, Rt. 5), S. C.
$14,-
George
on
Denomi¬
Principal
$1,000.
Bond Sale—The
Greensburg, Pa.
—
penal
Due
15, 1960.
Treasurer,
County School District No. 18
Dated March
National Bank, of Portland.
are
Gibbs and
obligation bonds.
Offering
0 n
Agency of the State, in New York
been
approved
Dated
Spatz,
Secretary, will receive
bids until 8 p.m.
South
(CST) on
8—v.
nation
from 1963 to 1969 inclusive.
Upper Darby Township (P. O.
Bonds
Legality
1), Pa.
R.
Bond Offering—Walter A.
and
bonds.
Dated March 15, 1950.
South 'Caro¬
Georgia, of At¬
the Trust Co. of
Bernville,
chase of $35,000 borough bonds.
Feb.
of
1%S.
as
51,000
obligation bonds.
Twp.
OREGON
awarded
March
Principal and interest payable at
$30,-
receive sealed bids until 7:30 p.m.
offered
2,000,000 charitable
institutions
t i
c
March 15, 1960.
on
Jan. 1 from 1951 to 1960 inclusive.
sealed
building and equipment bonds.
Albany,
bonds. Due
pay¬
follows:
Pa.
Bond Offering—Louis G.
March 10 for the purchase of
1959 inclusive.
Co.
has
Denomination
101.57,
Goulding, Borough Secretary, will
Bond Sale—The
lanta,
Pa.
$77,-
Due from 1952 to
bonds
improve¬
March 15,
on
1959.
inclusive. Dated
at the
Tennessee
3,000,000 hospital constru
1
Congaree Bank, West
or
Trust
Hook,
March 1 for the purchase of
500
the
Offering—Joseph M. Du-
District
Education, will receive
sealed bids until 3 p.m.
ment bonds. Due
Feb.
on
of
March 15, 1957.
on
4,650,000 educational
inclusive,
due
Bonds Sold—An issue of
hospital
York
000 general
Bond
6
Churchill,
Township
Texhoma), Okla.
500,000 university
on
Hazlett, of Pittsburgh.
County Indep. Sch. Dist.
No. 61 (P. O.
7:30
Legality
Burgwin,
sealed
Texas
until
Denomination $1,000.
clusive.
by George J. Fagin, of
Oklahoma
bids
March
on
Legality
1, 1950.
armory
March 15, 1955.
on
as
Simons, of Charleston.
Can¬
March 1 from 1951 to 1958 in¬
on
from 1962 to 1968 inclusive..
approved
$12,000
Greer, S. C.
March 7 for the purchase of
March 1
on
follows:
bonds. Due
2V2S, due
as
3s,
as
the
at
Columbia,
&
Borough Secretary, will
non,
City
Due
$91,000
City, Pa.
Offering—Ralph E.
New
1959 to 1961 inclusive.
>
on
as
403—
p.
(CST)
a.m.
150,000 bonds, divided
gality approved by Sinkler, Gibbs terest
March 1
in 1957 and 1958.
j
$1,000,000 national guard
Feb. 1 from 1953 to 1956
on
11
pre¬
as
lina National Bank, Columbia. Le¬
,
March 1
on
Due
and
able
,
inclusive.
1954
171,
v.
Feb. 1 from 1957 to 1960
truck, general
gation bonds.
of
March 1
on
Due
in
par,
follows:
as
inclusive; $12,000
bonds.
revenue
until
bonds. Due
price of
a
Principal and interest (F-A)
15,000 fire
das,
follows:
as
l%s.
as
sold
were
2s, due
$100,000 water
ceive
$45,000
$115,000
bonds purchased
sewer
by the Robinson-Humphrey Co,, of
re¬
cost
O.
March 7 for the purchase of $11,-
Denomination $1,000.
Bond
net
a
(P.
ing, Governor, will receive sealed!
Feb. 1, 1950.
Okla¬
Bond Offering—Kenneth Reener,
Bond
Due
the
and
all
City, jointly,
flecting
in¬
clusive.
1,
Co.,
until
(EST) on March 14 for the
purchase
of
$150,000
library,
Series 1 bonds.
Dated April 1,
1950.
Denomination $1,000.
Due
Oct.
awarded to the
Honnold,
Small-Milburn
water and
viously noted
1951
follows:
1950.
First National Bank & Trust Co.,
599—were
noon
on
were
CAROLINA
^977
coupon
Okla.
Tennessee
bids
for $973.36.
one
1 from
chase of $60,000 general obligation
$250,000 limit¬
facility bonds offered
February 16
bonds
Heights City
Sch.
Bond
Trust
as
by
approved
Nashville), Tenn.
from 1961 to
$25,000
&
Bank
other bank
Legality
&
be received until March 13 for the
1960 in¬
Bank
National
any
Chapman & Cutler, of Chicago.
Cayce, S. C.
Atlanta, at
—
v.
Clerk of the
of
Sale—The
access
Board
Bond Sale
sealed
$27,000 building
National
Palmer
Bond Sale Details—The
Denomina¬
improvement
sewer
Dated
Local
receive
Co., of Oklahoma City.
$900,000 school
2.37%.
Feb.
$10,973.36
Seaside, Ore.
in 1955 and 1956.
171, p. 599—were awarded
to Field, Richards & Co., of Cleve¬
land, and Associates, as 21//2S. at a
price of 101.15, a basis of about
bonds.
$1,000, except
on
of
Pickens,
equipment bonds offered Feb. 20—
v.
171, p. 703—were awarded to
16—v.
Perrysville
W.
purchase
Bond Sale—The
30,000
1950, Series A bonds offered Feb.
purchase
March
on
Bond Offering—Sealed bids will
Dewey County Indep. Sch. Dist.
No. 9 (P. O.
Fay), Okla.
30,000
Cleveland 9), Ohio
Bond Sale—The
the
(PST)
clusive.
&
Station,
yn
will
Thorndike,
Storey,
purchase of $115,000 bonds divided
Okla.
bonds. Due from 1953 to
City School District
(P. O. Brook
will
the
sanitary
1951
inclusive.
pur¬
agreed.
or
Legality approved by
Offering—J. D. Whitman,
improvement
bids until 7:30 p.m. (CST) on Feb.
noon
13 for the
for
as
Bond
Dist., Ohio
the
building bonds.
Bond Offering—H.
ed
Painesville City Sch.
option at the First National Bank,
of Boston.
SOUTH
inclusive.
Crescent,
inclusive.
Bond
par.
holder's
at
or
Citizens
Dodge, of Boston.
bids until 5 p.m.
6
iy2S,
as
office,
First
Dyersburg,
Bond Offering—Gordon Brown¬
(P. O. Hinton), Okla.
March 15 from 1951 to 1965
on
l%s,
as
County Indep. Sch. Dist.
chase of $51,000
bf the
Co.,
Dated, March
Denominations
Due
$250,000
improve-
mortgage
171,
Principal and in¬
payable at the City
(J-D)
Milton City, Ore.
Bond Offering—Bids will be re¬
1, 1949.
approved by Peck, Shaffer & Wil¬
liams, of Cincinnati.
Bond
Hinton,
receive ceived until Feb. 27 for
noon
Oberlin,
6—v.
Tripp Co. of Portland,
Du,e
No. 161
(EST) on
March 15 for the purchase of $50,000
water
works
system bonds.
Dated Dec.
N.
tion
Mur¬
R.
Feb.
2s and 2V4S.
National Bank, of
Ohio
Offering—Ester
offered
$21,500 school
504—were awarded to the Chas.
Bond Sale—The $25,000 build¬
ing bonds offered Feb. 16—v. 171,
p. 703—were awarded to the First
Caddo
Bond
bonds
p.
Bond
price of 101.72.
a
Treasurer's
Sale—The
Monday, February 27, 195C
1964 inclusive.
terest
City Recorder, will receive sealed
J. A. White & Co.,
was
at
CHRONICLE
County School District No. 19
OKLAHOMA
17
—v. 171, p. 599—were awarded to
Braun, Bosworth & Co., Inc., as
2V4S. at a price of 101.87, a basis
for 2i/4s.
FINANCIAL
Bond
Dist.
provement bonds offered Feb.
of about 2.07%.
Le¬
&
(P. O. Route 2, Albany), Ore.
gality approved by Squire, Sand¬
ers
& Dempsey, of Cleveland.
(P. O. West Milton), Ohio
Bond
Linn
Bond
Medina, Ohio
Bond
Warsaw Local Sch. Dist., Ohio
ap¬
Squire,
Sanders
Dempsey, of Cleveland.
COMMERCIAL
1955 to
Bond
Offering—W.
B.
Bring-
Business
ham, City Recorder, will receive
sealed
sealed bids until 2 p.m.
on
March 2 for the
000
(CST)
on
purchase of $50,-
refunding bonds. Dated April
1, 1950. Denomination $1,000. Due
on
April
interest
1,
1965.
(A-O)
Principal
payable
at
Manager,
bids
Feb.
27
1, 1949.
receive
until 7:30 p.m.
for
the
$750,000 school bonds.
on
Gayle, Jr.,
will'
sive.
the
man
of
Dated Dec.
Denomination $1,000. Due
Dec. 1 from 1950 to 1973
and
(CST)
purchase
inclu¬
Legality approved by Chap¬
& Cutler, of Chicago.
If
Volume
171
Number
4885
THE
Brownsville Indep. Sch. Dist.,
Texas
Rauscher,
Antonio,
interest
Pierce
cost
&
Co.,
of
about
as
2V2S,
previously
171,
703,
p.
of
by
3s,
2.77%, for
and
$270,000
as
in
v.
noted
sold at
were
price of
a
school,
Series
1950
bonds
pur¬
chased by the Central Investment
Co. of
Texas, of Dallas,
reflecting
about
171,
v.
price of
s-
•*:
1.00.40,
sold at
were
follows:
as
2'/2S, due;
and
Feb.
on
a
$60,-
1 >from
Feb.
on
IMS1 inclusive,
as
•
600,
p.
$140,1
Co.,
general
syndicate
Dewar,
Robertson
of
San
Pollock
Co.,
of
Smith!
Bert
&
Christi, at
of about
Hduston,
Co.,
F.
and
of
Corpus
par,
basis
a
follows:
as
3s. Due
as
Pancoast,
Eddleman-
price of
a
3.14%,
$480,900
&
Antonio;
1951 to 1960 inclusive,
390,000
3ViS,
as
Due
Jan.
on
15
1,000'.as,3'YiS. 'Due
15
1565 to 1975 Inclusive.
*om
d llilotial
■
Jan.
en
Bonds
Sold—An;
$1,000,000
gas
is-
revenue
of about
price of par,
a
2.94%,
$200,000
as
basis
Bonds
000
Due
Jan.
on
15
200,000
Graham
23/4s.
as
Due
Jan.
on
15
600.000
as
1959
Dated
;
3s. Due
to 1970
Jan.
Jan. 15 from
on
15,
1950.
Principal
Corpus Christi.
or
Legality
approved by Vandewater, Sykes,
Keeker & Galloway, of New York.
Pancoast,
I
OfferlngWW,
ill
;
-
t
'-'•»■
of the
A.' Connor,
Board
Trus-
receive/sealed bids
p.m.
(CST)'
un-
March
on
3
purchase of $450,000 school
,
!
ionds.
Dated
Denomination
April 1, 1950.
$1,000.
April 1 from 1951 to
sive.
of
Due
1975
on
inclu¬
Interest A-O.
Bond
water
and
gas
bonds offered Feb. 21
revenue
were
award¬
ed to the Central Investment
of Texas, Moss, Moore &
Co.,
Co., both
of Dallas, and Barcus, Kindred &
Co., of Chicago, jointly, at
of par, a
price
a
basis of about 3.13%,
as
follows:
$575,000
3Y4S.
Due
on
March 1
275,000
as
3s.
March
Dated
Dec.
Bond
City
15,
sealed
bids
March
on
10
bonds,
Legality
$1,500,000
police
jail
Dated
Due
interest
(A-O)
at
| Chase National Bank, New
j City. Legality approved by
Due
March
on
1
1,
1950.
Legality
Co.,
Dallas,
Moreland,
First
Rotan,
Underwood,
Neuhaus & Co., and R. A. Under¬
syndicate
a
Inc.;
New
Smith,
York;
Philadelphia;
Barney
Drexel
First
& Mason of
Stringfellow
the
purchase
&
bonds, divided
of
Richmond;
&
Co., Ander¬
Due
Loeb
3V2S.
as
Feb.
on
approved
&
sewer
bonds.
Dated
March
on
1
to
1, 1980.
by
March
deemable
on
any
1,
1978,
March
on
1950.
to
1980
on or
are
re¬
1, 1955,
or
interest payment date
thereafter
at
the
prices
deemable
on
Mitchell
March 1,
thereafter
at
&
by
the
$23,000,000
Tunnel
District of
the
&
Co.
issue
a new
Elizabeth
wealth of Virginia
due
Brown
Ingen &
Inc., to offer publicly
of
River
Common¬
3V2%
revenue
the
of
mark
1960,
the
initial fi¬
nancing for construction
bridge
and
tunnel
of
Virginia
interest
to
plus
date
102 V2
to
eral
beth River and
Both
ceived
1959.
1951
ac¬
of
at
the
1,
Dated
July 1
on
1969
inclusive.
Principal and interest payable
the
Chase
National
Bank,
New York.
street
and
bridge
im¬
provement, general obligation
bonds. Dated Jan. 1, 1950. Due
on
July
1
projects
are
1951
Principal
payable
time, and
any
until
date
7:30
a
sinking
Feb.
2,135
Mills,
NOVA
SCOTIA
Kentville, N. S.
Bond
Sale
improvement
11
The
—
$21,000 town
bonds
offered
&
were
as
basis
basis of about 2.77%. Due on
Jan. 1 from 1951 to 1957 inclusive.
a
ONTARIO
(CST)
Nelson
Bond
on
were
Due
Co.,
March 1 from 1951 to 1969 in¬
of
of
as
basis
a
have
and
feet
about
from
3.28%:
1950
to
Due
1969
Savings Bonds Issued and
amounts
in
millions—rounded and
will
not
necessarily
add
to totals)
Percent
re¬
are
tAmount
tAmount
tAmount
Redeemed
A-1935 to D-1939
Series
D-1940
(matured)
Amt. Issued
$3,087
$2,937
$150
95.14
1,311
473
11838
36.08
561
120
441
21.39
$4,960
$3,530
$1,429
71.17
1,118
29.36
Series D-1941
Total
Redeemed ol
Outstdg.
A-D:
Series
Series
A-D
Series E:
Series E-1941
ex-
1,584
Series E-1942
6,999 1
Series
465
3,983
43.09
5,709
5,545
50.73
13,102
E-1945
3.016
11,254
Series E-1943
Series E-1944
6,858
6,245
52.34
will
5,209
4,467
1,885
2,582
42.20
4,125
1,391
2,734
33.72
4,240
1,119
3,121
26.39
4,114
590
3,524
14.34
Series E-1948
Series
E-1949
Series
traffic.
of
10,203
Series E-1946
approxi¬
and
feet, and
E-1950
(1
4,994
51.05
157
*
$60,244
$26,242
$34,002
43.56
$65,204
$29,773
$35,431
45.66
month).
157
the
double
Total
Series
bridge
Total
Series
E
_
A-E_
a
vertical
at
to
1969
and
the
in¬
$1,000.
with the
of
bridge in closed
position. The proposed tunnel will
Series P and G:
Series
P
and
F
and
1,546
G-1942
Series
G-1943
a
total
length of 3,300 feet.
in
pays
year
the
and
and
G-1945__
and
G-1946
the City of
District
Norfolk
F
the
for
the allowance
loss
as
of
Bond
.
..
_
721
3,009
19.33
£02
2,666
15,85
3,002
_
410
2,592
13.66
10.57
G-1947
2,592
274
2,319
F
and
G-1948
3,036
120
2,916
F
and
G-1949
1,664
21
Series F and G-1950
(1 month)
3.95
1,643-
142
142
1.26
.
_—
Series
F
and
G
_
_
_
$25,502
tolls
due
to
Unclassified
sales
and
redemptions
$3,849
$21,653
199
175
24
>15.09
of free passage.
Walla,
Offering—P.
.
3,730
3,167
_
Series
All
Walla
23.45
compensa¬
Wash.
M.
series—Total
Total
WASHINGTON
Legality
22.17
2,601
estimated
an
annually
18.82
2,510
797
Series
Total
$190,000
and
1,255
715
3,398
_
G-1944
Series F
Series
bridge tolls will be charged
any
Series F
291
3,225
_
_
Series F
be two-lane and will have
Chase
approved by McCall, Parkhurst &
minimum
Series F and G-1941
45 feet
on
inclu¬
Redeemed Through January 31, 1950
(Dollar
Series
long
10
the
sive.
Issued
be
im¬
Jan.
L. Graham &
Royal
Canada,
of
Montreal,
3s, at a price of 97.61,
of
31
Ont.
$75,000
offered
Toronto,
jointly,
Dec.
The
—
bonds
awarded to J.
Bank
interest
and
Township,
Sale
provement
Series E-1947
will
Jan.
awarded to
were
Wood, Gundy
Co., of Toronto, and the Royal
Bank
of
Canada,
of Montreal,
jointly, as 3s, at a price of 100.86,
of¬
Wis.
United States
bridge
Commonwealth of Virginia.
mately
to
Dec. 15, 1969.
on
C. A. Plihal,
receive
sealed
Principal
awarded
the
!
The4 bridge
were
1
Spence & Co., Bell, Gouinlock &
Co., McLeod, Young, Weir Co., all
of Toronto, and MacMahon and
Burns, of Vancouver, jointly. Due
office.
Legality approved
by Chapman & Cutler, of Chicago.
also subject
are
Sale—The $3,000,000
fund debentures offered
—
p.m.
of)
Debenture
about
$1,000.
empt from all taxation within the
National Bank, N. Y. City.
Crowe, of Dallas.
of
COLUMBIA
British Columbia (Province
March 6 for the purchase of
$130,000 school bonds.
Dated March 1,
1950.
Denomination
callable in whole
tion
from
Denomination
bids
Elizabeth
Federal income taxes and
re¬
Sept.
bonds.
Due
to
CANADA
BRITISH
toll
Army aproval.
The bonds
or
of
by Chapman & Cutler,
Chicago.
of
syndicate
a
City
tunnel under the
a
Principal
horizontal clearance of 150
obligation
1,
above
Offering
Clerk, will
on
Sept. 1 from
on
inclusive.
approved
bonds
Prairie du Chien,
the east branch of the Eliza¬
over
1959; thereafter 102 to Sept. I,
provide for four lanes of
1964; thereafter 101V2 to Sept.
The navigation
channel
1, 1969; thereafter 101 to Sept.
river will be spanned by a
1, 1974; thereafter at par.
leaf, rolling lift bascule
110,000 city hall and library, gen¬
with a
Jan.
a
basis
a
Bond
Norfolk
bascule
a
—
a
between
cities of Portsmouth and
in
River.
following
par,
O.
$2,900,000
171, p.
sewerage
the
on
1950. Denomina¬
Due
1964
of
100.26,
clusive.
to
1,
bonds.
20—v.
price of 100.36,
of about 1.13%.
All
percentages
from
fered
March
coupon
(M-S) payable at the
City Treasurer's office.
Legality
Additional Sale—The $2,700,000
the
maturity at
1951
(M-S) payable at the City Treas¬
1980.
bonds
branch
tice) shall be in inverse order
of
Dated
building
tion $1,000.
&
1.15%.
being
prices set to redemption
through a sinking
redemptions fund.
They are interest exempt
(upon 30 days' published no¬ in the
opinion of counsel from all
forth below.
The
—
Feb.
metropolitan
on
$625,-
000 school
Eastman, Dillon &
Co., Ira Haupt & Co., both of New
York, Marine Trust Co., of Buf¬
falo, Wm. E. Pollock & Co., of
New York,
Dempsey & Co., of
Chicago, Laird & Co., of Wilming¬
ton, Wheelock & Cummins, of Des
Moines, Rand & Co., of New York,
Blunt Ellis &
Simmons, of Chi¬
cago,
Freeman
&
Co., of New
York, J. C. Bradford & Co., of
Nashville, Paul Frederick & Co.,
John Small &
Co., both of New
York, and McMaster Hutchinson
& Co., of
Chicago, as 1.20s, at a
1.20s, at
$23,000,000
the
sealed bids until 2 p.m.
(CST)
March 7 for the purchase of
ap¬
awarded to the above syndicate
Offer
J. Van
on
All bonds due
on
B.
south
interest payment date
any
and
set
after March 1, 1966, are re¬
or
Le¬
at
First National
Bank,
Stoughton. Legality approved by
Chapman & Cutler, of Chicago.
Offering — R. E. McKeague, City Clerk, will receive
urer's
inclusive. All bonds due
after
Sale
of
on
and interest
offered
price
1, 1950.
Due
Bond
$394,000
inclusive.
Bond
bonds
investment
jointly
bonds
1,
1951
of
made
revenue
March
Co.
"are
The
sanitary
of
County (P.
Milwaukee), Wis.
Dated Feb. 1,
Bonds—Arrangements
Haynes,
$1,270,000
Corp.,
Lynchburg; Scott
Kuhn,
Syndicate
Reed,
follows:
as
of
Strudwick, all of Richmond;
and
Sons
of
Co.
Boston
Co., Davenport
York,
York
bids until 2 p.m. (CST) on March 1
Co.
Shields & Co. of N. Y.; Scott Hor¬
gality
Texas
Offering—James
purchase
March
$1,000.
Superior, Wis.
March
on
Legality
by
Lines,
Spooner
Quarles, of Milwaukee.
com¬
Pershing of New York.
the
Timmel,
and
1961
20
&
&
banking firms of Alex.
Bond
the
600—were awarded to
Co.,
able
Dist.
E.
composed
1950.
City.
&
Roe
high¬
Feb.
York; Harriman Ripley &
ville,
Hoyt & Washburn, of New York
Laredo,
for
dated
are
1, 1951 to 1960 inclusive.
Principal and interest (M-S) pay¬
construction
offered
awarded to
New
Principal and
payable
$23,000,000
C. F. Cassell & Co. of Charlottes¬
bonds.
coupon
| to 1975 inclusive.
Offering—H.
Baltimore; B. J. Van Ingen & Co.
&
April 1 from 1951
on
7
21
March
part of
a
Milwaukee
bonds
revenue
son
purchase of
April 1, 1950. Denomination
•
Sch.
bids until 8 p.m. (CST)
to
Va.
Stein
administration
building
Bond
Feb.
to
Harley, Hay'den
Co., of Madison, and Mullaney,
Wells & Co., of
Chicago, jointly.
Bonds
Wis.
3,
awarded
District Clerk, will receive sealed
Legality
Bros. & Boyce of
Baltimore;
Mason-Hagan, Inc., F. W. Craigie
(CST)
a.m.
the
Joint
bonds offered
garage
were
Denomination
the Towns of Oconomowoc and
No.
Wis.
t
equipment
bonds.
Dated Feb. 1, 1950.
Denomination
$1,000.
Due on Feb. 1 from 1953
The
tunnel
&
receive
10
for
and
Denomina¬
City of Oconomowoc, and
National
Paso.
—
pal
funding bonds.
1950.
proved
Sale
Stoughton,
47
Bond Sale—The $50,000 munici¬
$1,000.
building
bridge
a.m.
pur¬
WISCONSIN
1980
at the State Na¬
El
ner
will
1,
10
the
for
of New
Texas
until
8
est
&
bonds,
Offering—Roy B. Oakes,
terest
Mosle
9
1949.
Controller,
second
Co.,
No.
Houston,
approved by McCall, Parkhurst &
Southwest
No.
tion
until
22
$115,000
April
interest
posed of Alex. Brown & Sons of
Boothman, of Dallas.
Crowe, of Dallas. The
was
price of par,
a
Dist.
inclusive.
bidder
San
approved by Dumas, Huguenin &
460,000
from 1981 to 1985 inclusive.
Dated
of
No
from 1953 to 1980 inclusive.
to
and
State
or
Bank,
Bond
of
at
as
both
3V2S and 33/4S.
crued
Sale—The $850,000 sewer,
works
Due
Elizabeth River Tunnel Dist.,
were
demption:
Falfurrias, Texas
tional
to
3s, 3V2S, and 33/4S.
as
*
Lnt
the
at
Bank, Ysleta,
$313,-
sold
Dated
about
VIRGINIA
follows:
forth below.
Dayton Indep. Sch. Dist., Texas
of
1951
Principal
payable
and Dewar, Rob¬
Due
and interest (J-J) payable in Chi¬
cago
been
Antonio, jointly, at
as
$700,000
inclusive.
cost
from
of
bids
March
on
bid reflect¬
a
Districts
issue of
has
& Co.,
&
ertson
for
from 1955 to 1958 inclusive.
San
of
sealed
(PST)
chase
approved by Gibson & Gibson of
Road
Sold—An
bonds
follows:
from 1951 to 1954 inclusive.
Co.
(891)
Summit
from 1951
City Secretary, will receive sealed
2V2S.
as
a
10
inclusive.
1,
Principal and
County
has been sold to the above
syndicate, at
been
Dated March 10, 1950.
(P. O. Edinburg), Texas
$1,000.
Kojrn ■196.1. to 1984 inclusive..;
_
has
Austin.
Hidalgo
and
Jan. 15 from
on
1
&
on
interest
March
Co., both of
March
bonds
Dittmar
net
2.67%.
&
National Bank, Dallas.
Chicago; First of Texas Corp.;
both
&
ceive
Rauscher, Pierce & Co. of
a
on
March
on
ing
were
Pierce
Dated
inclusive.
75,000 Road
composed of John Nuveen & Co.,
of
Due
house
Antonio, jointly,
interest payable at the Mercantile
obligation
a
Hatcher
school
sold to
Dist.,
14
CHRONICLE
Indep. School Dist., Texas
Dallas and
Rauscher,
jointly.
1980
Bond Sold—An issue of $2,000,various
Sch.
$200,000 school
from. $238,000 Road Dist.
Corpus Christi, Texas
000
to
and
Dallas,
as
bonds has been sold to
Sale—The
awarded
1979 inclusive.
to
Indep.
FINANCIAL
Bonds Sold—An issue of $1,000,000
house bonds offered Feb.
of
noted
basis
a
Texas
bid
a
cost
previously
as
2%s/ due
,as
to
♦
interest
net
a
2.54%,
on
Con.
Bond
1950.
Bond Sale Details—The $200,000
Ysleta
3.33%.
Groom
to
Brownwood, Texas
■
about
3V2S and
as
price of 100.09,
a
San
par.
in
of
bid reflecting a net
$480,000
as
$750,000
bonds purchased
on a
Co., jointly,
3V4S, at
Bond Sale Details—The
school house
&
wood
COMMERCIAL
Winans,
.
Commissioner of Finance, Will re-
Grand
4T
matured
unmatured
*Less
Total
than
$500,000.
___
3,087
2,937
87,818
30,860
56,958
35.14
$90,905
$33,797
$57,108
37.18
^
.
150
tlncludes accrued discount
tCurront
rpdprnption
lilncludes matured bonds which have not been
presented for payment.
95.14
^
value.
48
(892)
THE
COMMERCIAL
CHRONICLE
FINANCIAL
&
lis EASYta install
If
you've put off installing the Payroll Sav¬
ings Plan in your company because you feel
it would be "a lot of
is
tisement
really
very
"Payroll Savings"
the
Bonds
work," then this adver¬
certainly for you!
simple to give
the advantages
...
Monday, February 27, 1950
Because it's
your
employees
of investing in U. S. Savings
automatic "Payroll"
easy,
way.
and 20,000 companies' experience proves it pays!
HERE'S ILL V0U NEED TO DO
PS
Appoint
one
of
Bonds
happens
to
touch ivith
get in
The State Director will
help
Those
Savings Bond Officer,
as
your
,••
ployees to sign—plus
sonal
executives
your top
State Director, Savings
Division, U, S, Treasury Department, Here's uhat
Tell him
provide application cards for your em¬
much promotional material and per¬
as
as necessary
to get
the Plan rolling in your company.
the appli¬
employees who want Savings Bonds indicate on
cations: how much to save
Bonds
from their pay: what
denomination of
they want; and the inscription information to appear on
the Bonds.
specified
payroll department arranges to withhold the
Your
amounts,
arranges
the Bonds, and delivers them to the
to get
employees with their pay.
The Bonds may
be obtained from almost
the Federal Reserve Bank
£
upon proper
v*">v
in the
you're skeptical
!of
have
your
as to
or
company
certification by the Federal Reserve Bank
from
itself
Branch
or
Plan, half his employees signed up.
employees -would like
Payroll Savings,
prise.
(Remember
for
sorship
are not a
500%
Plan, found his
in
this
way.
eyes
The individual
an
official U. S. Treasury
a
power to
boost business in the years
em¬
ahead.
Is it
BIG—
good policy to deprive
one
employees gain secur¬
have
more
a
pay
day? Better at least
talk with your
U. S. Savings
Bonds State Director, get
maturity. The company gains from
to your
Department acknowledges with
y:
;
'
■
/
the
answers
questions, and know for sure.
appreciation the publication of this message by
.
■■■; >
' v
.
■
adveitisement prepared under the auspices
.
.'
your
of Payroll Savings—even
company
THE COMMERCIALAND FINANCIAL
This is
by spreading
by creating
huge backlog of purchasing
ity—they know that the Bonds they
$3 at
only six months after he installed the
i
company's
economy
hold will return $4 for every
Within
The Treasury
his
our
the national debt and
FOR EVERYONE
plant whether they would like to
Bonds
among
gains because Bond sales help
stabilize
participation by
increased
THE BENEFITS ARE
opened when he asked the people in
obtain
time,
stability and
ployees.
manufacturer, who had professed lit¬
tle faith in the
nation
had used the Plan
was not aware of its
company
some
potentialities until his personal spon¬
pay-check
4*deduction"—the employee takes home
his Bonds with his pay.) One leading
withholdings for Bonds
efficiency of its workers. The whole
prominent aircraft manufacturer,
whose
canvass your
that
the resultant increased
A
how
plant—and be prepared for a sur¬
his
local bank
THAT'S ALL THERE IS TO IT!
case
many
to
any
he issued by the
company's District.
lp«
In
or may
.
,
.
:
CHRONICLE
of the Treasury Department and The
Advertising Council.
@FedFRASER